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S t r e e t Railw ay
SUPPLEMENT
-------O F
Q
oM
TH E ——
M E R C I A LF~ i W A N C I A r ^ i T R O W i c I T
[Entered according to Act of Congress in the year 1898 by W illiam B. D ana Company , in the office of Librarian of Congress, W ashington, D. O l
____________________N E W
YORK,
AUGUST
27,
1898.
The Northwestern Elevated is still uncompleted and
hence not included, but of the three roads now in
The Street Ra ilw a y Supplement , issued quarterly, is furnished operation two show increases of about 50 per cent in
without extra charge to every annual subscriber of the Commercial
volume of traffic and the third an increase of 16 per
and F inancial Chronicle .
T he I nvestors’ Supplement , isssued quarterly, is also furnished cent., The three lines together carried 271 millions of
without extra charge to every subscriber of the Chronicle .
passengers in the six months of 1898, contrasting with
The State and City Supplement , issued semi-annually, is likewise 19^- millions the previous year, an increase of 8 m il
furnished without extra charge to every subscriber of the Chronicle .
lions, or 41 per cent. The use of 'electric motive
T he Quotation Supplement issued monthly is also furnished with
out extra charge to every subscriber of the Chronicle .
power by all the roads unquestionably increases the
Terms for the Chronicle , including the four Supplements above capacity of the loop for commanding traffic, but the
named, are Ten Dollars within the United States and Twelve Dollars
position of the line is no doubt a chief factor in the
(which includes postage) in Europe.
case.
Street R ailw ay Supplement .
W IL L IA M
B. D A N A C O M P A N Y , PUBLISHERS,
TH E B R O O K L Y N B R ID G E C O H H E C T IO N .
________________ P ine S t ., corner P earl S t ., N e w Y ork .
THE B R O O K LY N BRIDG E & CHICAGO LOOP
EXTENSIO NS .
Of the many successful extensions added to the street
railway systems of the country the past decade, it is
safe to say none has been more productive of traffic
than the Elevated loop in Chicago and the Brooklyn
Bridge connection of the Brooklyn railways. Both
have been opened within a year and both permit
transportation lines serving extensive and populous
districts to reach their natural termini at the heart of
a great city instead of stopping half a mile or more
short of this point, to which the majority of their
patrons wish to go. The Chicago loop benefits
merely the elevated roads of the city, giving them
not only access to the business centre, but the means
of exchanging traffic one with the other. The Brook
lyn Bridge line improves the position of all the
Brooklyn roads, surface as well as elevated, but with
out adding this other feature that exists in Chicago.
T H E CH IC A G O LOOP.
The Chicago loop was opened for use in October
1897, and the effect of it upon the traffic of the roads
accommodated is plainly seen in the following table.
This is a statement showing the number of passengers
carried by each company during the first half of the
present calendar year as compared with the same
period of 1897:
PASSENGERS CARRIED BY CHICAGO ELEVATED ROADS.
First six months—
1893.
South Side Elevated........ 9,310,808
Metropolitan Elevated... 11,873,310
Lake Street Elevated....... 6,335,000
Total....... .................127,519,118
1897.
6,142,834
7,953,998
5,440,000
19,536,832
Increase. P.
3167,974
3,919,312
895,000
7,982,286
O.
51
49
16
41
The result of allowing the Brooklyn street railways
to cross the Brooklyn Bridge is less striking in its per
centage of increase for the several companies con
cerned than the Chicago Elevated loop, but that is
because of the far greater traffic the Brooklyn roads
were already carrying. Y e t as it happens the increase
in the business of the Chicago Elevated roads in the
first half of 1898 (about 8,000,000 passengers) is
surprisingly close to the increase in the traffic of the
Brooklyn surface railways in the period ending June
30 1898, during which they first used the Bridge.
The following table discloses in a telling form the
sudden curtailment in the business of the Bridge
cable road, after years of gradually increasing busi
ness, when once the surface street railways became its
competitor.
This competition began on Eeb. 16
1898, and on June 18 was added the competition of
the Brooklyn Elevated Railroad, the latter actually
using the tracks of the cabie road •
NUMBER OF PASSENGERS ON BROOKLYN BRIDGE CABLE ROAD.
Month—
D e c e m b e r ...........................
J a n u a ry ...........................S
F e b r u a r y ............ ...........,
M a r c h .................................
A p n l ...................................
M a y ...........................
J u n e ....... ............................
1891 192.
1893-94.
1894-95.
3,690,640 3,658,430
3,8"<1,317
3,438,489
8,597,092
8,802,656
3,869,903
3,210,733
3,684,843
3,548,962. 3,708,002
3,941,901
3.567,562
3,524,258
3,872,434
3,620,«'453,537,534
3,915,216
3,320,535
8,298,617
3,589,553
T o t a l f o r 7 monthS..24,456,136
J P iy - - - ...............
3,187,673
A u g u s t . ............................. 3,161,SIS
S e p te m b e r ........................ 3,388,995
O c t o b e r . . . , . , ..................... 4,033,920
N o vem b er.
............ 3,594,361
F o r y r . en d . N o v . 30.41,772,898
1896-97.
3,933,280
3,786,259
3,470.905
3,921,460
3,884,334
3.884,146
3,708.599
1897-98.
4 ,3 0 9 ,7 6 3
4,148,011
3,073,548
80,873
3,131,981
1 ,983,563
1,52 7 ,0 1 8
2 «,534,766 26.687,919 26,588,983 1 9 ,4 5 4 ,7 5 7 .
3.032,778
3,467,064
3,620,713
3,157,062
3,195,946
8.583.107
.......
3,407,362
3525!156
3,750 065
.......
3,845,947
3,909,133 4,076 045
3,786,820
3,779,111
4,023,714
41,714,235
44,564,829
45,542,627
In the month of December 1897 the passengers of
the Bridge Cable Road, then under the management
of the city, had for the first time in the history of the
bridge exceeded 4,300,000. In January 1898 the total
ran as high as 4,148,000.
The appearance of the
4
STREET
RAILW AYS.
T h e,lim its of this article w ill not permit us to di
cuss as we should like the financial aspects of these
changes in Chicago and Brooklyn, highly encouraging
as they appear to the security holders of the several
railways; but there are certain points bearing on
the companies using the Brooklyn Bridge that we
think it not amiss to bring to view.w T h e advantage
to the companies themselves is indeed marked, but it
does not seem to us to constitute a sufficient ground
why the city, if it must modify its contract with the
surface lines and must exact heavier tribute for the
privileges granted, should be too severe in its demands
upon them, particularly at the present time. Our
reasons for so thinking are as follows:
1. The gain in business by the surface lines, as
above shown, is only partly from the Bridge connec
tion. Both the surface roads were enjoying improved
business prior to the time this connection was effected,
and as regards the Rapid Transit line especially, its
through route to Coney Island opened the last of May
via the newly-acquired and electrically-equipped Sea
Beach road, connecting with the 65th Street ferry,
as well as the lines to the Bridge, would have made
large additional earnings, even without the through
Bridge service.
2. The fact that the Bridge Railroad lost heavily in
earnings by the arrangement is not by itself just cause
for proceedings to make the companies bear the entire
loss. The public is immensely benefited by the
through service, and the public as taxpayers
should in all equity meet the loss at least in part,
unless it can be proved that the companies are
making an altogether excessive profit out of the
bargain.
3. As yet we believe it is quite too early to decide
whether the profit to the trolley lines from the ad
ditional trackage is to be excessive, because—
N ew Y ork.
EARNINGS OB SURFACE LINES.
a The Brooklyn Elevated has been crossing the
[Bridge service began on Feb. 16, 1898.]
-------. Bridge but a short time, and only the trains of one
,-------- Nassau Electric.—
, Brooklyn Rapid Transit.— >
—
Inc.
Inc•
F.U. single line (those of Lexington Avenue) are running
1897.
1898.
P O.
1897.
1898.
Month—
$109,623 23-5 direct to New Y ork. The passengers of all other lines
$135,438
$392,286
5-7
January. $414,810
102,436 24-0
127,082
7-2
360,128
385,967
February
156,420
122,277 27 9 of the system, including the important branch con
407,761 14-3
466,388
March....
141,441 17-9
166,797
437,814 12-3
491,802
A p r il....
8-2
■187,145
8 1 necting with the Flatbush Avenue station of the L on g
488,059
173,073
528,348
M a y ......
>91,615 12-8
216,326
495,007 17-1
580,040
June......
8-9 Island Railroad still are obliged to change cars to
238,088
218,508
489,463 16-8
572,116
July.......
As fu lly ex
$3,070,518 120 $1,227,296 $1,058,973 14-9 reach the city (Manhattan Borough).
Tot.7mo.$3,439,471
BROOKLYN ELEVATED RAILROAD—
PASSENGERS CARRIED.
plained in the news department of to-day's C h r o n i c l e ,
[Bridge service began on June 18,1898.]
the road is therefore being operated with much incon
M o n th 1898.
1°97.
Month—
1898.
1*97.
January., .. 3,011,385 2,783,399 May............. 2,337,407 2,794,971
February....2,571,277 2,571,28« June............ 2,178,116 2,537,«04 venience, and it w ill not be until the main lines have
March..........2,515,821 2,882.135 J u ly ............ 3,248,128 2,269,778
electrical equipment and their trains can run through,
April............2,418,501 2,882,004 Aug. ( 12 d’ys) 1,249,475 906,4e0
Both surface companies, it will be seen, have had at minimum headway and without detention, that the
their earnings largely increased, the amount per month full capacity of the Elevated for competition with the
ranging as high as 17 per cent and over. In gross surface lines w ill be determined. I t is hoped now
totals the figures are even more imposing, the increase that this w ill be accomplished before the beginning
in the passengers carried for the five months ending of the new year. Moreover, in the past the winter
June 30 being in excess of 7,700,000. Including the travel on the Elevated has been always far heavier
month of July, the increase is nearly 10,000,000. It than the summer travel, the business in January
is noticeable, too, that both surface companies re 1898, for instance, exceeding that for July 1897 by
port increased traffic in July notwithstanding the over 24 per cent. In cold weather, therefore, or when
Brooklyn Elevated trains began crossing the Bridge the streets below are more or less obstructed with
on June 18. From Feb. 16 to June 18 the Elevated snow and ice, the Elevated road w ill naturally secure
was operated at a great disadvantage. Its passengers a larger share of the through travel than it does at
were obliged to pay two fares to reach Manhattan present. The managers of the Elevated hope also that
Borough while those of the surface lines were paying when electric traction and open cars replace steam and
only one. In consequence the traffic of the Elevated the closed cars, the disproportion between their sum
trains fell off 14 to 17 per cent per month. On June 18 mer and winter travel w ill be diminished through
this obstacle was removed, the company's control of heavier patronage in the summer months.
5 The Kings County Elevated Railroad is expected
the Bridge cable road war established on July 1, and
its business increased in vt mme, as here shown, in July to begin its service across the Bridge within a few
days. As yet no one knows how this w ill affect the
no less than 43 per cent.
trolley cars on the roadway of the bridge occurred, as
we have said, on Feb. 16 following, and in consequence
the traffic of the bridge railroad was reduced from
over 4 millions to about 3 millions in February, to 2^
millions in March, to less than 2 millions in May, or to
less than half the number carried the first month of
the year; while in Jane the elevated road having also
come in to compete on June 18, the total fe ll to about
1-J millions. In other words, the traffic of the cable
road,‘ which form erly averaged about 120,000 pas
sengers daily, fe ll after Feb. 16 1898 to 70,000, about
the end of June to 40,000, and is still gradually de
creasing, so that during the month of July and 12 days
in August the average has been 30,618 passengers at
2£ and 3 cents each, not counting the transfer pas
sengers carried free in the bridge local railroad cars
for account of the elevated. Further, it is expected
that when all the transportation lines cross the bridge,
the local travel on the bridge railroad will average in the
summer months only about 20,000, and in the fall,
winter and spring months only 25,000 to 30,000 per
day; this travel to come from near-by residents in
Brooklyn who ride on none of the city railroad lines.
The trolley companies using the Bridge are three in
number. Of these the Coney Island & Brooklyn (in
cluding the Brooklyn City & Newtown) makes no
monthly return of operations, but the number of cars
allowed to it on the Bridge is lim ited to 16 per cent of
the whole number permitted, and their traffic more
over is comparatively light. The following tables,
therefore, which include the two other surface com
panies, the Brooklyn Rapid Transit and the Nassau
Electric Railroad, and also the Brooklyn Elevated
Railroad, represent almost the entire gain in busi
ness that has been secured since, but not entirely in
consequence of the opening of the through line to
STREET
RAILWAYS.
5
surface roads. And later, the introduction of electric city, a growth certain to be much stimulated by more
traction will bring another unknown factor into the rapid and less expensive transit, who, it is justly asked,
calculation.
can or will oppose the speedy construction of at least
4.
The volume of traffic which the trolley roads
one more bridge between the two boroughs separated
have secured through their Bridge service is no index by the East River ?
o f their net profits resulting therefrom. The compa
nies have gone to large expense in equipping the
F O R E IG N M A R K E T FOR A M E R IC A N
tracks upon the Bridge and the cost of operating the
STREET R A IL W A Y EQ U IPM EN T.
additional mileage is considerable. The regular patrons,
those who previously used the cars, are now carried
Few kinds of American goods seem tc present
over the Bridge in the morning, the cars returning greater attractions in foreign markets than Am er
practically empty, constituting an additional service ican street railway equipment.
N o t only is this
o f two miles without extra compensation except as true as regards the cities o t England and the
new traffic is secured. The same thing is repeated Continent, but throughout the world. 'American ex
at night, making in all approximately four miles more perience in the manufacture of all the accessories
for each trip of the car per day.
to an electric railway began early. The experiments
This cost of operation, as also the bridge tolls, must made were costly and the competition which devel
be met before any benefit accrues to the individual oped severe, but while at times discouraging, these
companies. Furthermore, for the time being much circumstances have given us special advantages when
o f the new traffic secured is of the excursion kind, it comes to bidding for the electrical equipment, just
large only in the summer months, and it is chiefly at now apparently beginning on a considerable scale, of
tracted by the five-cent fare to Coney Island. When the street railways in other countries.
account is taken of the rapid wear and tear of rails
Proof of these statements appears in the recent orders
and rolling stock by such business, of the wages of received by American houses and by the comments in
the employes, and the interest on the capital invested, the foreign press regarding.the electric cars and allied
it remains to be seen what profits there are in carry articles already purchased from this country. In the
ing passengers this distance of thirteen miles at less CHKOiUCLE of March 12 this year we referred to the
than half a Cent a mile. On the other hand, the class orders received on account of the Central London
o f business lasting all the year round, and from which (E lectric) Railway, an underground road now buildthe trolley companies as well as the elevated railroads ing. N o t only the locomotives, motors, generators
must eventually make considerable net profits is that and rotary converters w ill come from $his side of the
developed only gradually as the advantages of the sec ocean, but also the statiohary engines, the air-brakes,
tions reached for the homes of those doing business in the car-couplers, the station coal conveyors, the piping
Manhattan Borough become fully recognized.
valves and the rail bonds. The annual meeting of the
For the time being at least, as we think we have Central London Railway was held the other day in
shown, the public is the chief beneficiary from the London, and those present received the follow ing ex
Manhattan Extension, and so^ong as this is the case, planation in reference to the letting of contracts to
and further until the net profits from the through American concerns, the General Electric Company
extension are proved to be sufficiently large and en and others:
during to justify a change, it seems that the trolley
“ W e approved of the contracts for the carriages, locom o
companies should be allowed by the city to operate tives and machinery being given to Am erican firms, in flu
enced by the advice of the best electrical experts, w ho state that
upon the Bridge under a fairly easy arrangement, the more extensive use of the electric traction in the United
calling for not much, if anything, in excess of the States has brought the manufacture of plant and material to
a higher pitch of perfection and at a much lower cost. Their
present toll of 5 cents per car per round trip.
tools and manufacturing machinery are much in advance of
I t is estimated by a man well fitted to judge that ours, as might be expected when the small amount of elec
trical traction construction in Ungland is considered. The
when the cars of the Kings County Elevated shall be difference in the cost of production here and in A m erica is
crossing the Bridge the total daily traffic carried by considerable, and as it is desired to build and fit the line on
the very latest and best principles, no resource was left us
trolley, elevated and local Bridge cars will exceed 200,- but to approve of the electric traction company’s action. ”
000 passengers, as against 120,000 to 130,000 a year
Another testimonial to the relative excellence of
ago when the Bridge railroad offered the only means of
the products of our American manufacturers is
public conveyance. These 200,000, he calculates, will
obtained from the comments of the English papers
save 2^- cents a trip each day by reason of the through touching the rolling stock just being put in use
service, or “ $5,000 daily, equal to $1,825,000 per an by the new Waterloo & City Railway in London,
num, which if capitalized at 3|- per cent amounts to the underground electric road that will bring the pas
$52,143,000, or nearly three times the cost of the sengers of the London & .Southwestern Railway from
Bridge structure.” As a matter of fact the former the Waterloo Station through a tunnel under the River
patrons of the ferries are contributing largely to the Thames to the Bank of England. In effect this line
present traffic over the Bridge, so that the immediate will act for the benefit of the public as would tunnel
money gain to the community is much less than roads here in N ew Y o rk connecting the Pennsylvania
here shown, but the figures serve well to indicate the Railroad station at Jersey City, or the Grand Central
immense financial interest the public has in the matter. Depot at 42d street with the Post Office, the passen
In view of these facts, as also the already demon- gers transferring at the stations named to the under
strated inability of the Bridge to accomodate the de ground line and thence being carried swiftly by
sired number of trolley cars, to say nothing of wagons electric motive power without stops and in brilliantly
and carriages (the tolls from the vehicles in May 1898 lighted cars to the business centre of the city. The
yielded $604 less than in May 1897, representing a de trial trips over the Waterloo & City line were made
crease of, say, 8,000 vehicles, apparently due to the over two or three weeks ago and they were the means of
crowded condition of the roadway) for all these rea eliciting from the London papers the following favor
sons andjin*the presence of the rapid growth of the able remarks. The “ Financial News” says :
STREET
6
R A IL W A 1 S.
trolley and accumulators, 8 the underground con
“ It is a curious thing that electric railw ay companies
should find it easier to get rolling stock in Am erica than in duit, 8 the third-rail system and 173 the overhead
England.
Nevertheless the fact remains. Invitations a d
•
dressed to British firms having failed to secure tenders which trolley.
The following shows these facts in tabular form.
could be executed within the time specified, the rolling stock
required for the new W aterloo & Citv Line has been supplied
,--------------- Of which usingby the Jackson & Sharp Company of the U nited States
Wnder- Third- Over
o.
Total ¿V AccumF o u r complete trains have been
delivered
and two
head
length. of ulators and ground rail
others w ill soon be forthcoming. A fter construction it ap
miles, lines. only. trolley trolley, troll'y. troll'y.
pears that carriages were shipped in parts to Southampton,
11
...
Austria-Hungary.
13
66
put together at the carriage and wagon works of the South- Belgium.............. ...
6
1
8
...
43
1
W estern R ailw ay Company at Eastleigh, and thence con Bosnia ..............
1 ....
3
15
1
22
83
veyed over that company’s system to the W aterloo & City England............. ...
36
4
44
... 246
Railw ay, being transferred at W aterloo by a powerful lift, Prance...........
56
6
65
Germ any........... ... 706
which has been specially constructed for the purpose to con Holland..*...........
1
1
2
“Ï
2
14
Irelan d..............
nect the lines of the tw o companies.”
11
Italy.................. ...
82
11
1
The Westminster “ G-azette” adds; “ I t is a notice Portugal............
1
2
1
1
3
3
able fact that it is cheaper to get cars built in the Roumania......... ... 19
4
Russia...............
1
1
6
S ervla................
U nited States and brought here than to give the orders S pain...............
4
4
38
3
3
Sweden and Norway
15
to home firms— and you get better cars, too.”
23
23
91
Switzerland....... ...
Nor is England the only country that is giving prac
173
13
204
Total............ ...1,419
tical recognition of the worth of the electric cars
According to this com p ila f
and equipment we have to offer. A dispatch this
list with 706 miles o f electric
week from St. Louis says a local street car manufac
--- ------- -------.
X
turing company is negotiating a contract for 150 fine
the underground trolley, one the mixed system of
motor cars to be shipped via San Francisco direct to
accumulator and trolley and six the accumulators
Kioto, Japan. Last May, also, twenty American elec
only. France has 246 miles of electric railway and
tric street cars were delivered in Berlin and one hundred
more were ordered. The comment at the time was : Switzerland 91 miles, but England and Italy have less
than 90 miles each. England in the spring of this
“ They were wanted quickly, and therefore the order
year, however, had 75 miles under construction, and
was placed with an America firm.” More recently
in addition application had been filed for powers to
the Walker Company of Cleveland received an
construct 125 miles of light railways to be operated
order representing over $500,000 and calling for 500
trolley cars to go to Paris and with them 1,000 motors by electricity.
The conclusion, however, is clear that the construc
and 1,000 controllers. Even in Manila, they tell us,
tion and reconstruction of street railways and other
the street cars used were made by the J . G Brill Com
-.
lines for operation by electricity has only just begun
pany of Philadelphia The cars in this case are drawn
in Europe and that a vast field awaits our skilful
by horses “ of about the size of Newfoundland dogs” and
manufacturers if only they w ill make proper efforts
were necessarily made extremely light. They are only
twelve feet in length and seat twenty passengers. to secure the business.
American supplies also are being used almost exclu
sively in the equipment of La Capital Electrical Rail,
LIQ U ID A IR AS A M O TIV E POWER.
way of Buenos Ayres.
In the July number of our I nvestors 7Se t t l e m e n t
These instances suffice to show the encouraging
we had an article under the caption of “ A N ew M o
start made by American houses in the matter of sup
plying street railway equipment abroad. I t w ill be tive Power,” in which we referred to Charles E. T rip
noted that special stress is laid on the fact that not* le ts alleged discovery of a process by which liquid
withstanding the long ocean journey which our cars air as claimed can be produced in large quantities at
must take, one of the chief inducements to foreign comparatively trifling expense. W e did not intend to
purchasers is the fact that their wants can be so express any opinion as to the feasibility of T rip le ts
promptly supplied. Foreign manufacturers, however, methods, or as to the probability of turning liquid air
are busily engaged in the endeavor to meet this de to practical use. W e referred to the invention sim
mand and its requirements. The time therefore for ply as opening up interesting possibilities i f it pos
On that point
our companies to secure a permanent foothold is now. sessed the merits claimed for it.
naturally there is more or less skepticism. This skep
Once the reputation of goods has been thoroughly es
tablished in any city, the foreign makers w ill find it ticism is voiced in the following letter from Mr. J. P.
Wintringham of this city, which we publistrwithout
doubly hard to recover the trade.
further comment.
FO R E IG N E LE C TR IC RAILW AYS.
As bearing in an important degree on the article
printed above, we give the following facts compiled
by a French journal, “ LTndustrie Electrique,” to
show the character and extent of the electric railways
in operation in Europe on the first of the year. I t
w ill be observed that as contrasting with the 950 lines
or thereabouts in operation in the U nited States, there
are all told in the territory from England to Russia,
from Norway to Italy, inclusive, only 204 lines, and
their total length is only 1,419 miles, as against the
16,000 miles or thereabouts of track believed to be in
use in this country.
Another interesting fact is that of the 204 lines,
13 use accumulators only, 3 the mixed system of
N e w Y o r k , A u g . 3,1898.
Editor o f Commercial & Financial Chronicle:
D ear S i r : l a m sorry to see that you chose to give M r.
Chas. E. Tripler and liquid air quite an extended notice in
your valuable I nvestors ’ Supplem e nt
The liquefaction of air is truly a very marvelous accom
plishment; but as a source of power the scientist has no in
terest in it at all, for he knows that it is not a source of
power and that its only function in that connection is that
power can be stored in it just as it is stored in a watch spring.
Y o u speak as if the liquid air almost made itself, whereas
I am informed M r. Tripler employed a 40-horse power en
gine to make it and give w hat power the fluid did contain.
M r. Tripler has been told that his theories were contrary
to a w ell established natural law , known as the second la w
of thermo-dynamics. It may be added that to the engineer
this law is as undoubted, if not as important, as the attrac
tion of gravitation. O f course M r. Tripler does not choose
to accept these views, which is unfortunate for him and his
friends. Besides my humble business as a broker I have the
honor to be an associate member of the American Institute
of Electrical Engineers. Respectfully.
J. P. W in t r in g h a m .
I
Street R ailways .
SECURITIES
AND
REPORTS.
This is one of our four S u pplem e nts . In using the series it is to be remembered that they are inter-dependent
publications, complete only as a whole. I f utilized together, and with the fresh items of news the Chronicle contains from
week to week, the investor w ill have all the information he needs in seeking a safe and remunerative lodgment for his money.
Street Railw ays forcibly illustrate this inter-dependence. Such roads obviously rely fo r 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 S tate and C it y Su pplem e nt w ill 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
ength in that publication, every one of which items is an essential fact contributing more or less to any correct estimate o f
th e amount of suburban travel a given road commands.
The A bbreviations used in our Street R ailw ay statements w ill be found explained in a table immediately follow in g the
last statement in this Supplem e nt .
A full I ndex which shows where each railway will be found is also given on the closing pages.
A K R O N , OHIO.
P opulation 1890
was 27,601; in 1880 was 16,512;
and in 1870 was 10,006.
STOCK & BONDS—
Date. Interest. Outstanding. Last, div., <£e.
Stock (see text) par $ 1 0 0 .......
6 Q -F . $1,750,000 Ag.1’98,2%%
1st Mortgage.................. 1865 5 J.-J.
29,000 Jan. 1,1905
4th Mortgage................. 1880 6 M.-S.
11,500 Moh. 1,1905
32,000 Sept. 1,1913
5th Mortgage................. 1888 5 M.-S.
Consol. M. ($500,000),) 1890 5 g J.-J.
428,000 Jan. 1,1930
o'" gold $1,000)....... JInterest at Central Trust Co., New York.
Gen. M. $750,000, gold. 1897
5g.J.-D.
349,000 June 1, 1947
STOCK—In 1896 stock was increased from $1,500,000 to $2,000,000.
A K R O N
S T R E E T
R A IL W A Y
& IL L U M I
N A T I N G —A trolley road.
O rganization—By connection with the Akron Bedford & Cleveland
the road reaches Cleveland, Ohio.'
*'
R eceivers.—Appointed Jan. 13,1898.—George W. Crouse of Akron
BONDS—The general mortgage of 1897 is for $750,000 5 p. o. 50and A. O. Beebe of New York.—V. 66, p. 132. In March, 1898, receiv-»
year gold bonds, of whioh $349,000 issued for extension to Cohoes
ers authorized to sell $150,000 certificates for improvements. V. 66
and $401,000 reserved.
p. 573. In April, 1898, judgment was entered agaiust the company
D ividends —In 1892, 6 per cent; in 1893, 12 p. 0.; in 1894, 6 p. o.;
for $28,337.
in 1895, 6 p. 0.; in 1896, 6 p. 0.; in 1897, 7 p. o.; in 1898, Feb., H 2 p.e.;
STOCK & B onds —
Date. Interest. Outstanding.
Maturity
May, 1*3 p. 0.; Aug., IL 5p. 0. and l ^ p. 0. extra.
Stock......................................................
$1,100,000
....... .
ROAD—Company in June, 1898, operated 40 miles of track in city of
Receivers’ certificates, ) 1898
6 S-A
30,000
Ondemand
Albany and suburbs, extending also to Troy, Cohoes, Rensselaer and
$150,000 authorized.. 5 Interest at Chase Nat. Bank. New York.
Akron St. RR. Is tM ......o* 1888
6 P -A
185,000 Aug. 1,1908
Watervliet, as follows:
Akron St. Ry. & 1 1 Co. $ 1896 5 g .J -J
1
1,000,000 Jan. 1 1926
Track owned in fee.
Miles. I Track leased.
Miles.
1st cons.M.$l,500,000,g. \ Trustee, Manhattan Trust Co., N. Y. City.
Main line and brs. (trolley). 24
I Watervliet Turn. & RR. Co. 16
Interest on consols of 1896 is in default.
--------Weight of rails on road
I
t Elec. p rop erties,
—
-— Street railways.— . Total both
owned...................65 to 104 lbs. | Total track in June, 1897. 37
E arning s — Oross.
Net.
Gross.
Net.
Net.
In June, 1898, application was made for permission to build two
1896, total gross (both properties). .*214,246
..........
$86,11';
additional branch lines.
1895.............$55,652
$25,431
133,604
$55,106
80,53'
1894............. 49,352
21,033
108,355
40,775
61,80*
A n n u a l R eport —Y ears ending June 30th.
P l a n t —Operates about 22 miles of track in the oity of Akron, Ohi
1898.
1897.
1898.
1897.
Gross earns..... $627,586 $556,966 Interest........$41,795
$27,925
and suburbs, its line extending to Cuyahoga Falls and Silver Lak
Net................. 228,« 91 208,568 Taxes, etc___ 59,424
52,091
Rails 50 and 72 lb. girder and T. On Jan. 1,1897, had 14,000 inca
Other income. .
8,232
2,168 Dividends.. ..122,500
93,750
■descent lights against 7,000 in 1896.
Netinoome...... 236,324 210,736 Bal.foryr. sur. 12,604 sur.36,970
O fficers and D irectors —P resident, Samuel Thomas, 80 Broadway
GENERAL BALANCE SHEET JUNE 30, 1898.
New York City; Treasurer, A. O. Beebe, 80 Broadway, New York City!
Assets.
I
Liabilities.
Cost of road.............. ) a n ~An nAa Capital stock & scrip... .$1,750,000
>
—V. 65, p. 975,1022, 1069; V. 66, p. 132, 573.
Costof equipment___ )
|
debt................
849,000
Stocks & b’ds, other cos.
117,049 Int. due and accrued....
2,192
A K R O N
&
C U Y A H O G A
F A L L S
R A P ID
Cash on hand..............
17,355 |Open accounts, etc......
52,705
T R A N S I T —A trolley road.
Open accounts.............
23,177 |Profit and loss, surplus.
66,253
Supplies on hand.........
15,206 |
ORGANIZATION—Chartered in 1894.1n August, 1898, it was reportei
that consolidation with the Akron Street Ry. & Illuminating wa
$2.720,150 |
$2,720, 50
under consideration, to he followed by extension of the lines.
OFFICERS—President, Robert C. Pruyn; Vice-President, A. N. Brady,
e+nTS9*Swvk
Miles. Date. Interest. Outstand’g. Maturity.
Secretary, James MoCredie; ¿Treasurer and General Manager, Edgar
ot k ,$i ,000,000.$100..................................$1 000 000
8. Fassett; Assistant General Manager and Purchasing Agent, John
* 93 1895 ep/c."
400,000 Sept.T, 191!
West End Trust & Safe Deposit Co. (trustee), Philadelphia.
W. McNamara.—V. 63, p. 2G>'7, 967; V. 64, p. 133,841,1040,1087;
Road —I n August. 1897, had 23 miles in operation. Rails 66 lb. T.
V. 65, p. 110, 1022; V. 66, p. 132, 809, 1042.
OFFICERS—President and General Manager, T. F. Walsh.
W A T E R V L IE T T U R N P IK E & R A ILR O AD .
ORGANIZATION—Opened July 4, 1863. Leased to Albany Railway
March 15, 1892, for 999 years. Annual rental, ^ of 1 per cent on
P opulation 1890 was 93,313;’ in 1880 was 90,758;
$240,000 stock and 6 per cent interest on bonds. Owns 16 miles.
and in 1870 was 69,422.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity
A L B A N Y
H E L D E R B U R G
& S C H O H A R IE
Capital stock $100...................
1 p. 0.
3
$240,000
E L E C T R IC
R A I L W A Y —To he a trolley road.
1889 6 M . - N .
350,000
M ay'i! 1919
1st M. int. guar..........
2nd M., p. & i. guar...... 1890 6 M. - N.
150,000
May 1,1919
O r g a n iza t io n , E t c .—Chartered Nov. 15,1895, to build a road from
Albany over the Helderhurg Mountains to Middiehurg and Schoharie*
Stock (June 30,1897), authorized, $300,000; par $100; paid in $3,000.
Bonds (1
).
A L B A N Y , N. Y .
R oad Albany to Schoharie, 30 miles. Contract was reported to be
let in June, 1898.
OFFICERS (June. 1898), President, W. H. Burgett, Boston; Treas
urer, Charles E. Bibber, Boston. Office, 71 State S t, Albany, N. Y.
A L B A N Y R A I L W A Y —A trolley road.
O rganization Chartered in 1863. Operates 6 lines through prin
cipal business streets to Troy, Cohoes, Watervliet and Rensselaer.
Has no competition. The Cohoes City Ry., 414 miles (stock, $50,000),
s controlled by parties interested in the Albany Ry.
A L E X A N D R IA , V A .
P opulation 1890
was 14,339; in 1880 was 13,659
in 1870 was 13,570.
W A S H IN G T O N A L E X A N D R IA & M T. V E R
N O N R a i l w a y O r g a n iza tio n .— incorporated Febuary 18, 1890, as Washington
Alexandria & Mt. Vernon Electric Railway. Charter awaided in 1896.
Underground trolley in Washington; overhead trolley outside the oity.
STOCK & B onds
Date. Interest. Oulsland'g. Maturity,
Stock, $1,000,000 (par $50) . . . .
m
1st mort., $750,000, gold.. 1895 5 g. F.-À.
700,000 AÙg.*i’ Ï92R
STREET
8
RAILWAYS.
Trustee, Real Estate Trust of Phila., pays Interest.
ROAD.—Operates from Washington, D. C., (13 ^ St. & Pennsylvania
Ave.) to Mt. Vernon, 17 miles; extensions to Arlington Cemetery and
Ros8
lyn, Va., etc., 8 miles; total track (May, 1896), 25 miles; standard*
gauge T rails. Foreign freight is taken through to Mt. Vernon.
O FFIC ERS.— President and General Manager, Griffith E. Abbott;
Secretary, Frank K. Hippie; Treasurer, J. K. Swartz. Office, Alex
andria. Va., and Washington, D. C.
In d e x —v . 61, p. 474.
OFFICERS—President, Albert L. Johnson, Mutual Life Building, New
York; Secretary and Treasurer, A. F. Walter, Allentown, Pa.
In d ex - V . 60, p. 130, 479,1103; V. 62, p. 906; V. 65, p. 1218.
A L T O N , ILL.
P opulation
in 1890 was 10,294; in 1880 was 8,975;
AND IN 1870 WAS 8,665.
A L T O N
R A IL W A Y
&
I L L U M I N A T I N G —A
trolley road.
O rganization —Organized July, 1895, to consolidate the Alton Elec
tric Street RR., Light & Power Co., the Alton Improvement Associa
tion and the Alton & Upper Alton Horse Ry. & Carrying Co., which
P opulation 1890 was 105,287; in 1880 was 78,682;
union was perfected August 20, 1895. Franchise runs until 1915.
and in 1870 was 53,180.
Population of Alton, Upper Alton and North Alton in 1896 estimated
A L L E G H E N Y
T R A C T I O N —See PITTSBURG, PA.
at 21,000. Owns Rook Spring Park of 20 acres with lake.
S tock & B onds —
Date. Interest. Outstanding.
Maturity.
Stock, par $ 1 0 0 ...................................
$250,000
-, - : -,vj:
T R O Y H IL L IN C L IN E D P L A N E & B R ID G E
Alton Improv. Asso. )
.......
5 M-S
25,000
1899- 04- 09
C O M P A N Y - A cable road.
1st M., cur............ s Interest at Alton Savings Bank.
Alton Ry. & 1 1 1st M., ) 1895 5 g. A -O
1.
225,000
Oct. 1,1915
O r g a n i z a t i o n — Franchise runs for 999 years.
$250,000, g-, $1,000.o* 5 Interest at Manhattan Trust, New York.
S tock & B onds —
Bate. Interest. Outstanding. Maturity.
Road —Owns 9 miles of single track equipped with overhead trolley
StoJk(i2007000)$50...................................
$200,000 f.p. . . . . . . . . . .
1st M. $100.000,currency.o* 1891
6A- O
100,000 Apl. 1,1901 and serving Alton, Upper Alton and North Alton. Oars—10 eleotrioDividend in 1894 out of earnings of 1893 l 1 per cent.
^
motor cars and 5 trail cars.
Road —Operates 370 feet of track. Rails 62 lb. T •
E ar n ing s —A bout 60 per cent of earnings come from the railway
OFFICERS—President, Jas. D. Callery; Secretary, C. S. Wright; Treas and 40 per cent from the light and power plant. For the year ending
urer, Wm. Y\ Callery; General Manager, J. J. Saint.
Sept. 30, 1897, the railway and light and power earnings were, gross,
$73,195; net, after payment of taxes, $33,963; interest, $16,581;
balance, surplus for year, $17,380.
OFFICERS—President, Treasurer and Purchasing Agent, J. F. P o rter;
Vice-President, H. C. Priest; Secretary, H. S. Baker.—V. 66, p. 615.
P opulation 1890 was 25,228; in 1880 was 18,063;
and in 1870 was 13,884.
ALLEGH ENY,
PA.
A LLE N T O W N , PA.
A L L E N T O W N & L E H IG H V A L L E Y T R A C
T I O N —A trolley road.
P opulation 1890 was 30,337; in 1880 was 19,710;
O rganization —Chartered May 31, 1893. Owns and operates 45
and in 1870 was 10,610.
miles of electric road in the Lehigh Valley in Lehigh and Northamp
A L T O O N A & L O G A N V A L L E Y E L E C T R IC
ton counties, connecting the city of Allentown with the boroughs of
Bethlehem, South Bethlehem, Fountain Hill, West Bethlehem, the R A I L W A Y - A trolley road.
ORGANIZATION—Incorporated Dec. 12, 1892, and April 17,1893, ac
Catasauquas and Copley, and the towns of Whitehall, Seigfrieds,
Northampton, Aineyville and suburban Allentown. The combined quired by purchase $170,000 of the capital stock of the City Passenger
population of towns and villages served by the system in 1890 was By. Co.; also owns 18-7 miles constructed under its own charter. Road
77,315; in 1880 was 51,074. “ Franchise runs for 999 years and gives opened June 15,1893. Controls Lakemont Park Co., stock $65,000.
S tock A Bonds — Miles. Date. Interest. Outsta'g. LastDiv., etc.
exclusive rights to operate street railways in all said towns, boroughs
...................
and city;” company also owns 9 miles private right of way connecting Stock, $500,000, $50 ................................ $380,350
1st M. $500,000 gold > 1 6 ^ 1893 5 g. J-J 485,000 July 1,1923
certain of the above-mentioned towns. The control in the property is
$500 and $1,000.o.) Sink. fd. 1 p. c. yearly; bds. subj’ct to call at 105.
•
Int. at Cassatt & Co., Phila., and 1st Nat. Bk., Altoona
held through ownership of the entire capital stock of the companies
Bills payable June 30,1896, $36,382.
below, which have been absorbed, their entire capital stock (except
City Passenger Ry.—
five shares of each to qualify directors, and a portion of the Electric L;
(1)
Stook, par $50.............. .............................. See text.
& P. stock not owned) having been placed in trust for the benefit of 1st mortg’e $50,000,)
6
1892
5 J -J
50,000 Jan. 15,1912
$1,000............... r . ) Interest by Treasurer, Altoona.
security holders. Their corporate existence, however, is preserved for
Bills payable June 30,1897, $34,057.
legal reasons, valuable rights being conferred by some of their old
Capital stock of Passenger Railway is $200,000, of which on June 30,
Charters, including the right of eminent domain.
STOCKS O w n e d — The capital stocks of the following companies are 1896, $174,550 was owned by Altoona & Logan Valley Electric Ry.
Bonds—Sink. fd. on Altoona < Logan Valley Electric By. Co. 1st M. 5s
&
owned, except a portion of the Electric L. & P. stock, viz.:
commenced July 1, 1894; not less 1 p. o. par value of outstanding
CAPITAL STOCKS OWNED.
bonds must be appropriated out of net earnings to retire bonds at or
Lehigh Valley Trac’n Co. $75,000 Bethlehem & South Beth
lehem Street Ry. Co... $200,000 below 105 and accrued interest. To J an. 1,1896, $10,000 of bonds had
Allentown & Bethlehem
Catasauqua & Northern
Rapid Transit Co.1,000,000
been redeemed.
50,000
Street Ry. C o .............
Allentown Passenger Ry.
Dividends—In 1896 paid 2*8 per cent; in 1896-97 paid 21 p. c.
s
Allentown Elec. L. & P .. 150,000
Co....................... 200,000
ROAD—On July 1,1897, was operating 26-2 miles of track, connecting
Rittersville Hotel Co. &
Bethlehem & Allentown
P ark ........................... 100,000 Altoona, Bellwood and Hollidaysburg.
Street Ry. Co...... 100,000
The outstanding securities on the property are as follow s:
ANNUAL R epo r t . - F or year ending June 30,1897, gross, $83,051;
STOCK & B onds —
Date.
Interest. Outstand’g.
Maturity.
net, $38,411; Interest, taxes, etc,, $27,866; dividends, $9,509; bal.,
Stock, $4,000,000....................................... $4,000,000 ..................
Allentown & Leh. Valley $ 1893 5g. M - S
750.000 Sept. 1,1913 surplus, for year, $1,036; for years ending Dec. 31:
1895.
1896.
1895.
1896.
Traction, 1st M., gold.c* ( Int. at N. Y. Security & Tr., N. Y., trustee.
Allent’n & Beth. Rap. T r.. (1891
6g. J -J
500,000 July 1,1911 Gross earnings..$90,264 $83,292 Taxes, etc............ $3,350 $3,564
5,000
1st mortgage, gold....... ( Subject to call at 110 on July 1,1896.
Net earnings___ 42,822 > 42,135 Sinking fund........ 5,000
Dividend (2W>/o)... 9,446
Dividend reo’d.. 5,074)
Second mortgage......................
6 p. o.
200,000
See text.
8,571
25,000 Balance for year.. 5,100
Interest paid___ 25,000
1 1895
5g. J - J
See text. Jan. 1,1925
The City Passenger Ry. for year ending Dec. 31,1896, had, gross»
?or $2 000% 0?goid. J * 5 Quaranty TrU8t Co-’ N - Y -’ trustee884. • nftt.. *14.173 faerainst *10.381 in 1895): surnlus over charges.
Unfunded debt June 30,1897 (see below )..............................$748,606
Interest on All. & Beth. R. T. is payable at Old Col. Tr., Boston, trustee. $9,991; dividend paid, $6,000.
O FFIC ERS— President, John Lloyd; Secretary and Treas., C. A. Buch.
Bondp—The consolidated mortgage of 1895 for $2,000,000 was au
thorized Jan. 17,1895. The mortgage covers the entire system. Of
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
P opulation in 1890 was 4,512; in 1880 was 4,298;
call July 1,1896; these bonds had not been called in August. The
and in 1870 was 4,035.
balance when sold will extinguish the floating debt.
A M H E R S T & S U N D E R L A N D S T R E E T R Y —
The A. & B. Rapid Transit second mortgage for $200,000, securing
ORGANIZATION.— Chartered in 1896 and purposes to build about
debt of $200,000 in dispute, has been declared valid (V. 65, p. 1218)»
8 miles of single track from Amherst, Mass. Road In Amherst (about
and A. & L. V. in January, 1898, was ordered to pay the mortgage and
4*6 miles) opened in July, 1897, and to Nov. 1 carried 92,818 passen
interest, $246,200; trustee, Old Colony Trust, Boston.
gers. Stock subscribed for, $22,000. First mortgage bonds for
Road —In July, 1897, owned and operated 43 miles in the Lehigh
$21,500 issued February 1, 1898. Directors are: President, W. D.
Valley, as above described; gauge, 4ft. 8*2 in.; 60 and 70 lb. T and
Cowls; Vice-President, M. A. Dickinson; H. B. Edwards, F. A. Cald
girder rails; 70 motor cars. In March, 1898, it was reported that ex
well, Levi Stockbridge and George E. Fisher. Clerk is Chas. Edwards;
tension was contemplated from Coplay to Egypt, 4 miles.
Secretary and Treasurer, Moody Harrington; Supt. and Gen. Manager»
ANNUAL R epo r t .—For year ending June 30,1897, gross, $214,845;
L. A. Wheelock.
net, $98,830; interest and taxes, $66,093; balance over charges for
year, $32,037. In 1895-96, gross, $238,453; net, $123,894; interest
and taxes, $87,744; balance, surplus for year, $36,150.
P opulation 1890 was 17,336; in 1880 w as 9,466;
GENERAL BALANCE SHEET JUNE 30, 1897.
AND IN 1870 WAS 5,426.
Liabilities.
Assets.
Road and equipment.. .$1,702,610 Capital stock...... $4,000,000
A M S T E R D A M S T R E E T R R . —A trolley road.
nA_i_---------1 (\KA K
/IO 1,954,542 Funded debt....... 1,170,000
Stocks other companies
O r g a n i z a t i o n — Chartered Feb. 5; 1873. In January, 1896, maps o f
Loans..................
748,606
A. & B R. T. leases and
205,252 an extension from Akin to Gloversville were filed.
real estate................ 2,500,000 Purchase account.......
Accounts payable, etc.
87,436
Electric Light Co........
38,802
STOCK & B onds —
Date. Interest. Outstand'g. Maturity.
92,073
Accts. rec. and supplies.
15,988 Profit and loss....
Stock $250,000 ($100).......... ...................... $250,000
.......... .
Disc’nt & suspense acc’t
89,275
lstm ort.,$250,000,gold...o* 1890 6g. A -O 200,000 Oct. 1,1920
Cash on h a n d ...............
2,150
Bills payable (Dec. 31,1897)........... ..........
8,390 ................ .
do
......................
41,000 . . . . . . . . . . . . . .
Total.....................$6,303,367 Interest accrued
Total..................... $6,303,367
ALTO O NA, PA.
AM HERST,
M ASS.
A M S T E R D A M , N. Y .
STKEET
RAILWAYS.
Default—Interest on first mortgage is in default, the October, 1893,
coupon being the last paid. Company owns $39,000 of the $200,000
firsts outstanding.
R oad .—Owns 4-7 miles of track. Rails 48 lbs.
L a t e s t E arnings —7 months, >1897-8..Gross, $29,697; net, $6,087
Deo. 1 to June 30.
J 1896-7..Gross, 26,423; net, 4,462
E arning s —For year ending November 30,1897, gross, $49,264; net
$11,487. In 1895-96, gross, $49,021; net, $10,168. In 1894-95, gross’
$46,589; net, $6,310.
OFFICERS—President, J. H. McClement; Secretary and Treasurer, T.
D. Mosserop; Manager and Purchasing Agent, E. F. Seixas. Office. 44
Broad St., N. Y. City.
ANDERSON,
IND.
P o p u la t io n 1890 w a s 10,741 ; i n 1880 w a s 4,126 ;
a n d i n 1870 w a s 3,126.
A N D E R S O N
E L E C T R IC
S T R E E T
W A Y . - See Union Traction Co. below.—Y. 67, p. 224.
R A IL -
U N IO N
T R A C T IO N
C O . —A trolley road.
O r g a n iza tio n .—Chartered Sept. 8, 1897. Commenced operations
Jan. 1,1898. In July, 1898, absorbed the Anderson Street Railway.
„ S tock & B onds —
Date. Interest. Outst'd'g Maturity.
Stock, $300,000; par, $100................................ $300,000
... ...
Anderson Elec. St. 1st M., g. > 1892 6g. J - J
150,000 July 1,’12
($1,000 each) assumed....c $ Int. at Farm. L. & T. Co., Trus.,N.Y.C.
N &lLmort? - $600,000, gold,)
1898 5g. Q-J 450,000 J’ly 1,1918
$500 each...........................5 Int. at Farmers5L.&T.C0.,Trustee, N.Y.
Road —In August, 1898, owned about 30 miles of road, including
17 miles completed from Anderson to Summitville (where connection
will be made with the Marion City Ry. for Marion) 3 miles in Alexan
dria and the line building from Alexandria to E l wood.
B o n d s — the new 5s of 1898 $150,000 are reserved to retire the
Of
Anderson Elec. 1st 6s of 1892.
OFFICERS—President, Philip Matter; Secretary, Ellis C. Carpenter;
Treas., John L, Forkner; Mgr., Charles L. Henry.—Y. 67, p. 224, 372!
ANN
ARBOR,
M IC H .
P opulation 1890 was 11,071; in 1880
AND IN 1870 w a s 7,363.
was 8,061;
A N N A R B O R & Y P S IL A N T I E L E C T R IC R Y .
—A trolley road.
O r g a n iza t io n —I n May, 1898, the Detroit Ypsilanti & Ann Arbor
had absorbed the company. See Detroit.
9
A S H E V I L L E , N. C.
P opulation 1890
was 10,235; in 1880 was 2,616;
and in 1870 was 1,400.
A S H E V I L L E S T R E E T R A I L W A Y - A trolley road
O r ganizatio n —Reorganized in 18S6-t>7 and pref. stock issued.
STOCK & B onds —
Date.
Interest. Outstanding. Maturity.
.......
$100,000
.............
Stock, common.........................
Pref. stock, 6 p. 0. cum.............
.......
200,000
..........
1st M $50 000 ($500)
51888
6 J -J
26,500 July 1,1918
1st m ., $50,000 ($500).... 2 interest at Atlantic Trust, New York City.
Mortgage..................... c* 1893
6 J -J
73,500 July 1,1903
Road —Operates between 6 and 7 miles of track.
Earnings-—In year 1897 gross earnings from passengers were
$38,592. Including other income, $2,163, total net was $5,314, all
applied to betterments.
ASHLAND,
P opulation 1890
W IS .
was 9,956, and in 1880 was 951
A S H L A N D L IG H T , P O W E R A N D S T R E E T
R A I L W A Y - A troUey road.
ORGANIZATION—Chartered in February, 1896, as successor to Ashland
Lighting & Street Ry. Owns exclusive electric light and gas rights in
city, and bonds cover lighting plant. Population in 1895 said to be
12,690.
STOCK & B onds —
Date.
Interest. Outstand’g.
Maturity.
Stock, $300,000 ($100).............
......
$150,000
............. ..
1st M., $150,000, go ld> 1896
5g. J.-J.
110,000
Jan. 2, i916
($l,000),s.f.,red.l04.o 5 Interest at Old Colony Tr., Boston, trustee.
EARNINGS—The gross earnings of the old company for the year ending
Sept. 1,1894, were $64,446. Road —Operates 6 miles] of trolley track*
A S H T A B U L A , OHIO.
P opulation 1890
was 8,338; in 1880 was 4,445;
and in 1870 was 1,999.
A S H T A B U L A R A P ID T R A N S IT —
ORGANIZATION—Chartered Oct. 7, 1890. According to company's
official statement, population of oity in 1895 was 12,240.
STOCK & Bonds — Miles. Date. Interest. Outstanding. Maturity.
Stock........................................................
$150,000
.......... :.
1st M., $75,000, gold, 5 - - -. 1891 6 g. J - J
75,000 July 1,1911
1,000.............. o\fer ( Int. at Central Trust Co., Trustee, N. Y. City.
Road —Operates 5 miles of track on 5 miles of street.
O fficers —President, F. B. Wagner; Yioe-Pres., F. J. Wettaoh; Sec
retary, Gen, Man. and Pur. Agt., T. Fricker; Treasurer, E. W. Savage.
A S T O R IA ,
OREGON.
P opulation 1890 WAS 6,184;
A N N IS T O N , A L A .
P opulation 1890
was 9,998; in 1880 was 942.
A N N IS T O N E L E C T R IC C o O r ganizatio n —Succeeded to the property of the old Anniston City
Ry. in May, 1896, by purchase from Ho ward W. Sexton, trustee. Capital
stook authorized, $50,000; paid-in, $10,000. Track, 1*2 miles.
In 1898 it was enlarging and improving the plant.
OFFICERS.—President, Treasurer aDd General Manager, H. W.
Sexton.
in 1880 was 2,803;
and in 1870 was 639.
A S T O R I A S T R E E T R A I L W A Y —A troUey road
O r ganization —Chartered Nov. 12,1887.
S tock & B onds — Miles. Date. Interest. Outstand’g. Maturity.
Stock, $200,000................................. .........
$55,000
"
1st M., $25,000, gold.
3
1892 6 g. M -N
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.
O fficers —P resident, J. W. Conn; Vice-President, W. A. Sherman;
Secretary and Superintendent, F. W. N ew ell; Treasurer, F. R. Stokes.
O X F O R D L A K E L IN E ORGANIZATION—Organized in 1884.
STOCK & b o n d s —
Date. Interest. Outstand’g, Maturity.
Stook, common ($50 par).............................. $125,000 ..................
Preferred ($50 par).......... .......................
50,000
1st mortgage, gold, ($1,000) > 1892 6g. F -A
175,000
1912"""
P opulation 1890 was 13,963; in 1880 was 15,105;
sinking fund....... ; ....... 0 * 5Trustee, So. Bank’g & Tr., Atlanta, Ga.
Interest payable at Boston or Atlanta.
IN 1870 was 7,054.
ROAD—Oxford Lake to West Anniston, 6t1 miles; side track, 8i0
0
A T C H IS O N R A IL W A Y , L IG H T & P O W E R miles; total track, 71 miles. Eight motor cars and 2 trailers.
a
ORGANIZATION—Successor in 1895 to the Atchison Railway, Eleotrio
OFFICERS—President, Gen. Manager and Pur. Agent, H. W . Sexton. Light & Power Co. In 1897 reported to have purchased Forest Park
and other property for $125,000. Population, local census of 1895
was 15,790.
STOCK & B onds — Miles. Date. Interest. Outstand’g.
Maturity.
Stk.$300,000,pr.$100............................
$200,000
y
P opulation of township 1890 was 8,333; in 1880 w as 1,640.
1stM., gold......................
1895
6 g.
150,000 July 1,1915
A T L A N T I C C O A S T E L E C T R I C R Y . —See under Consol, mortgage..............
1897
___
(?)
L ong B r an c h , N. J. Controls the Seashore Electric Ry.
Trustee of 1st mortgage, Mercantile Trust Co., N. Y.
A T C H IS O N , K A N S A S .
A S B U R Y P A R K , N. J.
A S B U R Y P A R lt & S E A G IR T R R ORGA^NIZATION—Incorporated in June, 1898, as successor of the
Asbury Park & Belmar Street Ry., purchased at foreclosure sale in
March, 1898, in interest of Atlantic Coast Electric Ry., which since
June, 1897, has operated oars over it.—V. 66, p. 616. Asbury Park
& Belmar St. Ry. owned 21 miles of track, but the new company pro
*
poses to make extensions. Gross earnings in 1897, $19,340; in 1896
$17,777.
INCORPORATORS— John E . Comins, Arlington, N. J.; Daniel H,
Shea and H. B. Perrine, N ew York. Office, 701 Mattison Ave., Asbury.
Park, N. J.
Index —V. 66, p. 616.
S E A S H O R E E L E C T R I C R Y . —A trolley road.
O rganization —Chartered in 1888, 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 Eleotrio Railway—which owns $150,000 of
the stock and operates this road as part of its system—see under Long
Branch.
STOCK & B onds —
Date. Interest,
Outstanding.
Maturity
Stook issued and paid in.......................
$200,000
..........
1st M., $200,000, auth., 5 1892 6 s J ~J a ™ 200,000
1917
gold
,5
Subject to call at 105 in 1897
. ,,
( lut.is payable at FirstNat. Bk., Asbury Park
Atlantic Coast Eleotrio first mortgage 5s for $200,000 are reserved
to retire the above 6s.—V. 63, p. 152.
Road—Operates 8 *a miles of track on 8 miles of road. .
OFFICERS—President, J. P. Pomeroy; Vice-President, W. P. W a g
goner; Treasurer, C. S. Hetherington.
A T H E N S , GA.
P opulation 1890
was 8,639; in 1880 was 6,099;
and in 1870 was 4,251.
A T H E N S E L E C T R I C R A I L W A Y - A trolley road.
O rganization —P urchased road at foreclosure sale in June, 1894.
New charter granted June, 1895. Has oontraot to furnish arc lights
to city; also incandescent lamps to private parties. Uses water power
for generating electricity.
S tock & B onds —Capital stock, $50,000, fully paid. Bonds, first
mortgage, gold, $100,000; denomination $500, 6 per cent ooupon,
J. & J.; dated July 1,1896, due July 1,1916. Columbus Savings Bank
of Columbus, Ga., trustee. Interest payable in Columbus or Athens.
Earnings —Fiscal year ends June 30. 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; net, in 1895-96, $4,165; in 1894-95, net, $3,079.
Water power now in use is expected to largely increase net earnings.
PLANT—Owns 6 miles of track; 40-lb. T rails; 8 ears; lighting and
power plant, 700 horse power; 55 miles copper wire on 15 miles of poles.
OFFICERS—President, W. S. Holman; Vice-President, J. Y. Carithers;
Secretary and Treasurer, W. T. Bryan; Superintendent and Purchasing
Agent, C. D. Flanigan.
STKEET
10
JRAILWA Y S
A T H O L ., M A S S .
P opulation 1890
was 6,319; in 1880 w a s '4,307;
and in 1870 was 3,517.
A T H O L & O R A N G E
S T R E E T
R A IL W A Y —
A trolley road.
ORGANIZATION— This company Oct. 1,1897, 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:
Stock (par $100)....... $60,000 f. p.
1897.
1896.
1st M. ($1,000), gold, ’94..$60,000
$37,833
5g., J&J, (no option) Jan. 1,1915 Gross.......... $32,550
Ne.t............
8,980
14,584
Cur. liabilities Sep. 30,’97. $7,157
4,178
“ assets Sept. 30,’97... 6,725 Int., taxes, eto.. 3,271
Dividends......... 4,800
2,400
D ividends —In 1895,5 p. c.; in 1896, 4 p. c.; in 1897, 8 p. o.
O f f i c e r s — George D. Bates, President, Athol, Mass.; Wm. D. Luey
Treasurer and Corporation Clerk, Athol, Mass.
A T L A N T A , GA.
P opulation 1890
and
was 65,533; in 1880 was 37,409;
A U B U R N , N. Y .
P opulation 1890
was 25,858; in 1880 w as 21,924;
and in 1870 was 17.225.
A U B U R N C I T Y R A I L W A Y —A trolley road.
O rganization —Chartered Oct. 1,1886. In 1895 the old lines were
re-built and extensions made. The company owns Lake Side Park,
about 33 acres on Lake Owasco. Population of Auburn in 1895 is
said to be about 30,000.
S tock & B onds —
Dtte.
Interest. Outstand’g. Maturity.
Stock (par $100) $300,000............................. $300,000 ............. ...
1st M., #300,000 ($1,000) o* ) 1895 6g. F - A
300,000 Aug. 1,1925
red. A ug 1 ,19o5. at 105.. 5 Int. at W. End Tr. & S. D. Co., Phila., tr.
49,475 ...................
Bills payable June 30,1897............................
Profit and loss deficit June 30,1897, $31,029.
Road —Owns 13+ 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:
Gross.
Net.
Taxes.
Interest.
Balance.
1896-7............... $59,849 $26,180 $2,493
$16,145
sur. $7,542
1895-6............... 47,604 15,925
1,082
..........
..........
O fficers —President, C. D. Beebe; Secretary and Aoting Treasurer^
A. M. Michael. In d ex —V. 61, p.749.
IN 1870 WAS 21,789.
A T L A N T A C O N S O L ID A T E D S T R E E T R A IL
W A Y —A trolley road.
O r g anization —incorporated in 1891.
Date.
Interest.
Outstanding.
Maturity.
S tock & B o n d s .......
$2,000,000 paid in...........
Stock (par $100)....... .......
6 g. J .- J.
225,000
1920
Atlanta St. RR. first 1890
Interest is payable in New York at 4th Nat. Bk.
gold $1,000...........
Atlanta Consol. St. f 1891 t e x t J .- J .
$1,928,000 July 1,1921
Mort., 70 m., $2,-1
Subject to call at 106 after 1896.
250,000$1,000each) Interest payable in N. Y. at Manhattan Tr.;
gold.................... o* l Boston at Old Colony Tr. Co., and Atlanta, Ga.
ncome bonds, gold, (1894
8 g .......
$106,000 \ Optional but
$1,000 each............\ Int. if earned payable at Atlanta.) due 1924.
ncomes.—Issue was $212,000, but $106,000 have been paid.
Nrinds of 1891—In November, 1893, the holders of all but $89,000
bonds agreed to scale the coupons due in 1894 and 1895 from 6 per cent
to 3 per cent per annum, and for subsequent years to 5 per cent; also
to defer the sinking fund clause of the mortgage so as to make it begin
in 1901 instead of 1896, and to reduce the authorized limit of the mort
gage from $2,500,000 to $2,250,000, including $225,000 held by trus
tee to retire Atlanta Street Railroad bonds. In July, 1898, it was
reported that a plan was under consideration looking to the reduction
of the interest on the outstanding bonds from 5 to 4 per cent, but July»
1898, interest was paid as usual —V. 67, p. 72.
R 0 A D— Operates 52 miles of main track and 13 miles of sidings and
second track.
A n n u a l R e p o r t — Fiscal year ends Dec. 31, changed in 1897 from
April 30. For 8 months, May 1 to Deo 31,1896, gross, $261,026; net,
$139,391; interest and taxes, $92,051; balance, surplus for 8 months,
$47,340. For the years ending April 30 earnings w ere:
1896.
1895.
1896.
1895.
Gross.............. $491,379 $292,467 General e x p ....$245,201 $169,029
Other income..
6,911
2,378 Interest.........L o o on1 5 92,520
Tn.-ices
Cloo,ZOi J q 708
Balance'.
"sur.119,888 sr.23’588
,
A U G U S T A , GA.
P opulation
in 1890 was 33,300; in 1880 was 21,891;
and in 1870 was 15,389.
A U G U S T A
R A I L W A Y & E L E C T R I C C O .-A
trolley road.
O rganization —A reorganization in 1896 of the Augusta Railway,
the Augusta Light Co. and the Thomson-Houston Co.
STOCK & Bonds —
Date. Interest. Outstanding. Maturity,
$600,000
..........
Stock................. ........................................
1st mort., $500,000, gold, 1896 5 g J-J
448,000
1916
Trustee is No. Amer. Trust Co., N. Y. Bonds subject to call at 105.
EARNINGS—For 9 months ending Sept. 30, 1897: Railway, gross,
$68,597 (against $65,430 in 1896); Light & Power, $55,373 (against
$53,491 in 1896); total gross, $123,970; net (of both), $46,634 (against
$44,871 in 1896). For calendar year 1897 total gross, $164,887; net»
$67,195; interest on bonds, $22,025; balance, $45,170.
R o a d — Operates 261 miles of track ; 15 miles of street.
a
OFFICERS— Pres., D. B. Dyer; Secy., C. B. Reavis; Supt., W. E. Moore
INDEX—v. 60, p. 391; V. 61, p. 793; V. 62, 820, 907; Y. 63, p. 115.
A U G U S T A , ME.
P o p u la t io n 1890 w as 10,527; in 1880 w a s 8,665;
a n d in 1870 w a s 7,808.
A U G U S T A
H A L L O W E L L
&
G A R D IN E R
R A I L R O A D —An electric road.
ORGANIZATION—Organized March 18,1889, under laws of Maine.
STOCK & B o n d s —
Date. Interest. Outstand’g. Maturity.
Stock $150,000—$100...................................... $120,000
Text.
1st mortgage for $150,000.... 1890 6 J - J
100,000 July 1,1910
Interest payable in Boston; International Trust Co., Trustee.
Consol, mortgage 5-20s.........5 1891 6 J - J
$50,000 July’96-1911
Subject to call in 1896.
( Interest is payable at Maine Trust &
Banking Company, Gardiner, Me.
Dividends, 1894-95, 2 p. e.; in 1895-96, 3 ^ ; in 1896-97, 4.
Road —Operates from Augusta to Gardiner, 7 miles.
Total............ $498,290 $294,845
Total............$498,290 $294,845
A n n u a l R epo r t —For years ending June 30th earnings w ere:
B a la n c e S h e e t — On Dec. 31,1896, the balance sheet showed:
1897.
1896. I ■
1897.
1896.
Liabilities.
Assets.
Gross earnings..$40,840 $41,117 |Taxes, eto.........
$376
$363
Bills
Materials on hand......................... $4,381 payable................. $70,885 Net earnings...... 18,807 16,3611Bal. for divs......
9,431
6,998
29,996 Intereston bonds 9,000
Cash item s..................
7,305 Accounts payable..........
9,000 I Dividends......... 4,800
4,200
Sundry accounts...........
10,068 Income bond account___ 106,000
OFFICERS—President, J. Manchester Haynes, Augusta, Me.; Secretary
Capital
Bonds in treasury........................ 97,000 stock................. 2,000,000
Plant.............................4,527,728 r^ond account....... ....... 2,250,000 H. G. Staples; Treasurer and Pur. Agent, G. E. Macomber.
I
1
Canceled bonds............. 106,000
Profit and loss, sur...................... 83,601
Total........................ $4,6^16,482
Total........................ $4,646,482
OFFICERS—President, Ernest Woodruff; Sec. and Asst. Treas., T. KGlenn; Treap., R. J. L o w ry ; Purch. Agent, W. II. Glenn.—V. 63,p. 27;
Y. 67, p. 72.
A T L A N T A
E L E C T R IC
R Y . —A trolley road.
O RG ANIZATION— Operated by Atlanta Railway for a division of
receipts. Stock, $100,000; first mortgage gold coupon bonds $30,000,
due 1906; miles of track, 3, and leases Lakewood Park. In March,
1898, sale was ordered.
A T L A N T A R A I L W A Y . —A trolley road.
ORGANIZATION— This company is a reorganization July 1, 1895, of
Atlanta City St. Ry. and the Atlanta Traction Go., foreclosed in 1895.
S tock & Bonds —
Date. Interest. Outstanding.
Maturity.
Stock, $300,000, par $100..........................
$300,000
.......
1st mortgage, $350,000, ) 1895 5 g. M-S
300,000
Sept. 1 ,1925
gold, $500....................> Trustee, Baltimore Tr.. & Gu. Co., Balt., Md.
BONDS— $50,00 0 held by Trustee in escrow for future improvements.
R o a d — Owns about 19 miles of track on 18 miles of street in city of
Atlanta, Ga., and environs. Also owns 23 acres of unimproved real
estate, 23 motor oars and 10 trailers. Power is supplied by the
Georgia Electrio Co.
L a t e st EARNINGS—12 months, > 1897-8.Gross, $93,204; net, $19,286
July 1 to June 30.
>1896 7.Gross, 84,89s; net, 20,066
EARNINGS—For year ending June 30, 1897, gross, $84,897; net,
$20,065; interest, $15,000; bal., surplus for year, $5,065. In 1895-6,
gross, $89,368; net, $22,740; interest, $12,500; balance, surplus,
$10,240. On July 1,1897, cash on hand, $12,387; accrued interest on
bonds, $5,000, leaving balance of $7,387; no floating debt except
current accounts.
O f f i c e r s — President, M. F. Amorous ; Vice-President, Jacob Haas;
Secretary and Treasurer, S. Harvey Bennett.
D irectors —m . F. Amorous, F. I. Stone, A. C. King, W. C. Shaw,
Baltimore, Md.; L. Z. Rosser, J. Haas, Washingtou, D. C.; L. Warfield,
N ew York, N. Y . —V. 60, p. 927,1143.
AURORA,
ILL.
P o p u la t io n 1897 ( estim a te d ) w a s 25,000; in 1890 w a s 19,688; in
1880 w a s 11,873; AND IN 1870 WAS 11,162.
A U R O R A S T R E E T R A I L W A Y . - A n electric road.
O r g a n i z a t i o n — Chartered in September, 1890. Successor by pur
chase to Aurora City Railway. Franchise (extended in 1896) running
till 1916 without exclusive rights.
STOCK & Bonds —
Date. Interest. Ou’st’d’g
Maturity.
Stock ($300,000 authorized)......................... $300,000 ..................
1st M. for $300,000, gold, ( 1890 6 g. A -O
300,000 Oct. 1,1910
not subject to ca ll....... c* \ Interest at Cent. Tr. Co., Trustee, N.Y.O’y
Bonds—The trustee holds 2,988 shares of Aurora City Ry. stock for
benefit of the bonds.
RO AD — Operates 16 miles of track,"of which 2 miles are double traok.
Year ending March 31,1896, gross, $69,111; net over taxes, $7,036;
year ending March 31,1898, gross $64,781.
O f f i c e r s — President & Treasurer, R. B. Dodson, 2 W all St., N. Y ;
Vioe-Pres., H. 0. Tinker; Gen. Man and Purch. Agent, D. A. Belden.
A U R O R A
&
G E N E V A
R Y . —O r ganization —Char*
tered July 29,1896, to build from Aurora to Batavia and Geneva (10
miles), connecting with the Elgin City Carpentersville & Aurora. Line
Aurora to Batavia, 7 miles, is in operation, and one-mile additional has
been built.
STOCK—
Date. Interest. Outstand’g. Maturity
Stock ($100,000 authorized) ............. ........
$88,000
................
Year ending Oct. 31,1897, gr.ss, $24,474; net, $13,589.
Officers—President, William Fahnestock: Treasurer, R. B. Dodson, 2
Wall St., N. Y.; Seo’y and General Manager, >. A. Belden, Aurora, 1 1
1.
A U S T IN , T E X .
P opulation 1890
was 14,575; in 1880 was 11,013;
and in 1870 was 4,428.
A U S T IN R A P ID
T R A N S IT
R Y . —A trolley road.
O r g a n iz a t io n — Chartered in 1890. Ira H. Evans appointed receiver
February 28,1897. Interest is in default.
STREET
11
RAILWAYS.
STOCK & Bonds —
Bate.
Interest. Outstand’g.
Maturity.
Stock..................... ............. .
...........
$350,000
...................
1st mortgage................. 1891
6 M-S
343,000
Sept. 1,1921
International Trust Co., mortgage trustee, Boston.
R o a d — Operates 13*34 miles of track on 10*27 miles of road.
OFFICERS—President, F. H. Watriss.—V. 64, p.422.
The Mercantile Trust & Deposit Co. of Baltimore is transfer agent.
—V. 64, p. 1180; V. 65, p. 867; V. 66, p. 383.
B A L T IM O R E C IT Y P A S S E N G E R R Y O rGANIZATION—Incorporated Feb. 13, 1862. In September, 1897,
purchased all the $300,000 of bonds of the Baltimore Middle River &
Sparrows’ Point Electric Ry.—V. 65, p. 410. In January, 1898, control
of the Central Ry. of Baltimore City was purchased.
STOCK & B onds —
Bate.- Interest. Outstand’g.
Last div, etc.
P opulation in 1890 was 3,527; in 1880 was 3,011.
Stock, $25 ($6,000,000) ....... 10 J-J
See text. July 1,1898,5%
B A L L S T O N
T E R M IN A L
R R . - A trolley road.
1st mortgage........... c* ( ........ 5 g. M -N $2,000,000 Nov. 2, 1911
O r ganizatio n —Chartered March, 1896.
$1,000 gold.............. ( Interest at Nat. Mechanics’ B’k, Baltimore.
500.000 Nov. 2,1911
STOCK & B onds —
Bate. Interest. Authorised.
Maturity. Certs, of indebt., $500,-< 1897 4^3g.M-N
000, g. ($500&$1,000) (Interest at Nat. Mechanics’ Bank, Baltimore
Stock (par $100).......................................•
.
$300,000
............
1st mort., gold ($500 and < 1896 5g. J-D
250,000 June 1,1926
TRUSTEE Of 1st mortgage is Safe Deposit & Trust Co. of Baltimore
$1,000 each) $300,000c* fInt. at Atlantic Trust Co., N. Y., trustee.
In July, 1898, stockholders were given the right until Sept. 30 to
Road —12^ miles, of which 7 miles operated and balance under con
subscribe for $1,000,000 new stock at $50 per $25 share, the proceeds
struction in Aug., 1898; 3 miles additional are projected, to provide
to be used to pay floating debt and improvements, amounting to about
for whloh $50,000 1st 5s have been reserved. Connects, by standard
$1,320,000, leaving about $680,000 for future extensions, improve.
gauge railroad, the many manufacturing establishments of Ballston
ments, etc. This issue will increase the total outstanding stock to
Spa and vicinity with the Delaware & Hudson RR., thus affording
$3,500,000.—V. 67, p. 28, 72, 124.
transportation of freight to all parts of the country without breaking
D ividends . ? 1890. 1891. 1892. 1893. ’94. ’95. ’96. ’97. 1898.
bulk. Traffic, about 600 tons a day, and has been heretofore carried Since ’89 p. c. s 13
11
9
11
8
12 10 10
10
by teams.
A n n u a l R epo r t , E t c .—Fiscal year ends Dec. 31. Statement for
OFFICERS—President, F. H. Beach; Treasurer, C. E. Lent, at The 1896 was n V. 64, p. 177.
Bourse, Philadelphia; Secretary, A. B. Paine, Ballston Spa, N. Y ,
Year.
Gross.
Net.
Interest. Bividends. Balance.
1897 ...... $1,135,500
$426,250 $111,250
$250,000$65,000
—Y. 67, p. 369.
________
1896........ 1,060,418
378,000
100,000
250,00028,000
1895........ 1,058,305 Not rep’ted.
100,000
300,000 Not rep’t’d
In 1894 the gross earnings were (about) $942,678; in 1893, $794,450.
P opulation 1890 was 434,439; in 1880 was 332,313;
R o a d — January, 1897, included 24 miles cable and 34 miles electric.
AND IN 187 0 w a s 267,954.
OFFICERS—President, Walter 8. Franklin; Treasurer, A. B. Clark;
Street Railways of Baltimore pay a Park Tax of 9 per cent of gross Secretary, George R. A. Hiss. INDEX—V. 65, p. 410: V. 66, p. 334; V.
earnings within old Oity Limits, and are required to pave between 67, p. 28, 72, 124.
tracks and two feet on each side.
B A L T I M O R E C O N S O L I D A T E D R Y . - ( * e e M ap
Controlled by B altim ore City Passenger R a ilw a y .
on page 12.)—Trolley. Population in 1897 (local authority), 500,723.
CENTRAL RY. OF B ALTIM O R E CITY.—A n electric road.
O r g an izatio n , Et c .—Formed in June, 1897, by consolidation of
ORGANIZATION—Incorporated May 6,1881; amended by Act of 1892.
the Baltimore Traction, City & Suburban and Lake Roland Elevated Completed as electric line in October, 1892. In January, 1898, Balti
roads—see Y. 64, p. 1180; V. 65, p. 867. The stockholders in July, more City Passenger Ry. paid $100 per share for the stock.
1898, voted to purchase the Ellicott City branch of the Columbia &
STOCK & B onds — Miles. Bate. Interest. Outstand'g. Last div., etc
Maryland line for $245,000 and to complete the line to Ellicott City. Stock, $300,000 ($50) .................. 6 J - D $300,000 Dec. 20,’97, 3
1st mort., $250,000, ( .......
1882 6 J - J
83,000 July 1, 1912
See Maryland Traction item, V. 67, p. 74.
sink, fd., currency. ( Subject to call at 100 in certain amounts yearly.
STOCK & B onds —
Bate. Interest. OutsVnding. Biv.,Mat.,dc
Trustee Baltimore Safe Dep. & Trust Co. Int’st at Citizens’ Nat. Bank.
Stock, $10,000,000 (par $25) .................... $9,172,000 Julyl5,’98,2
1892 5g.M-N $617,000 May 1, 1932
Consol. M., $700,000, < .......
Baltimore Traction bonds:
gold...................... ( Interest at Citizens’ National Bank.
1st M. ($1,000), Trustee Mer-> 1889 5
M -N 1,500,000 Nov. 1,1929 Ext. & Imp. 1st mort.> 14
1897 5g. M-S $400,000 Mar. 1, 1932
cantile Tr. & Dep. Co___ c >
Int. at Hambleton & Co., Balt.
$600,000, g.($1,000) ) Trustee is Baltimore Tr & Guarantee Co., Balt.
Exten. & imp. ($1.000) 6s, g .) 1891 6 g. M -S 1,250,000 Sept. 1,1901
DIVIDENDS—In 1894, 6 p. c.; in 1895, 6; in 1896, 6; in 1897, 6.
Trustee, Mer.Tr.& D .C o..e)
Int. at Hambleton & Co., Balt.
BONDS—The extension mortgage of 1897 is a first lien on the exten
N. Balt.Div. 1st ($1,000) 5s,) 1892 5 g. J -D
1,750,000 June 1,1942 sion and a blanket mortgage on the whole property. See V. 64, p. 286.
g. Trus.,Mer.Tr.&Dep.Co.c 5
Int. at Hambleton & Co., Balt.
ROAD—Druid H ill Park to Broadway Ferry, 13 miles; other lines in
Collateral trust 1st mort.,) 1895 5 g, J - J
750,000 Jan. 1,1900
city, 5 miles; total operated in August, 1897,18 miles track. In city
$750,000, $1,000, tax free, > Int. at Alex. Brown & Sons, Baltimore,
gold, subject to call at 105.; Trustee, Maryland Trust Co., Baltimore.
6 miles track additional completed and 8 miles more under construc
Convertible gold bonds (n o t) 1896 5 g, M -N
800,000 May 1,1906 tion in August, 1897; extension to Beiair, 6 miles, contemplated.
mort.) red. after May 1, >Trustee, Mercantile Trust & Deposit Co.,
Equipment—August, 1897,5,0 closed oars, 35 open cars, 10 trailers.
’01, atpar ($1,000), text.o* ) Baltimore.
E arning s from Sept. 22,1892. to Deo. 3 1,1896,4^ years, were:
OitydkSuburbanRy.bonds— >1892 5 g. J - D 3,000,000 June 1, 1922
Gross
Net
Sale of
Interest
Bividends
Balance,
1st mortgage, g., ($1,000) 5 Int. at Alex. Brown & Sons, Baltimore.
earnings, earnings, motivevower. on bonds.
paid.
surplus.
Balt.Oatonsv.dtEllicott’s Mills) 1896 5 J - J
500,000 July 1, 1916 $808,081 $274,706
$46,594
$161,434
$54,000
$105,867
1st M., $500,000 prin. g ... ( Int. at Trustee, Safe D. & Tr. Co., Balt.
Lake Roland Elevated— 1st >1892 5 g. M-S 1,000,000 Sept. 1, 1942 —Y. 64, p. 286; V. 66, p. 334.
M., gold ($1,000)......o*&r s Int’st at Alex. Brown & Sons, Baltimore
B A L T IM O R E
M ID D L E
R IV E R
& S P A R
Balto. Oonsol Ry. M., $12,- > 1897 4*2g.M-S
none
Sept. 1, 1997
R O W S P O I N T E L E C T R I C R Y . —A trolley road
000,000 g. ($1,000)...... c* 5 Mercantile Tr. & Dep. Co., Balto., trustee.
ORGANIZATION—Incorporated in 1894. The Baltimore City Pass. Ry.
Stock.—Of the $10,000,000 stock, $1,960,000 was issued to the
Balto. Traction stockholders in exchange for their stock, etc., and purchased the $300,000 of bonds in Sept., 1897. The roads are operated
separately
$4,140,000 to City & Suburban for stock. Mercantile Trust, Balto.
STOCK & Bonds —
Bate.
Interest.
Outstanding.
Maturity.
is transfer agent for stock.
Stock, $400,000......................................
(1)
.............
Bividends—In 1898, January, 2 per cent (first dividend); July, 2 per IstM .,$300,000, gold,) 1895
5 g. J-J
$300,000 July 1,1925
cent.
$1,000.................c * ) Trustee, Maryland Trust Co.
Bonds—The Consolidated Ry. mortgage is for $12,000,000, of which
Road —P rojected from Baltimore to Sparrows Point, 19 miles. Com
bonds for $10,500,000 will be used to retire the divisional mortgages, pleted to August, 1897, 8 ^ miles from Fifteenth Street, Highlandtown,
as they mature, the remainder going into the treasury of the company. along Eastern Avenue to Middle River.—V. 65, p. 410.
The mortgage covers all the property of the company, including the
T H E
B A L T IM O R E & N O R T H E R N
E L E C
Baltimore Traction, City & Suburban, Lake Roland Elevated and
Balto. Catonsv. & E. M. roads. Of the convertible 5s, over one-half T R I C R Y . —Trolley.
O rganization —A consolidation in 1897 of the Falls Road Electric
have waived the convertible feature. As to lien of the several issues
and Plkesville Reisterstown & Emory Grove RR.
of Baltimore Traction bonds, see V. 64, p. 285.
STOCK & Bonds —
Bate.
Interest.
Outstand’g. Maturity.
R oad —The combined mileage is about 190 miles of track, not includ
Stock, $1,000,000 ($50)
$1,000.000 ............. .
ing Ellicott City branch of the Columbia & Md. Ry., purchased in Au 1st M., $1,250,000, go ld \ .........................
1897
5 g.
1,100,000 Nov. 1,1947
gust, 1898. In August, 1898, various extensions and improvements
($1,000..................... )
Maryland Trust, Balto., trustee.
were in progress.
The 5 per cent bonds of 1897 are a first lien on all the property,
EARNINGS:— Jan. 1 to July 31, 1898 (7 mos.), gross, $1,343,182, including the Pikesville Reisterstown & Emory Grove RR., which has
against $1,313,783 in 1897.
been consolidated with the Balt. & North’n Electric.—V. 65, p. 1023.
From July 1 to Dec. 31, in 1897, comparison being made with con
R oad —On Oct. 18,1897, the line was opened for traffic, cars running
stituent companies in 1896, results were:
over the tracks of the City Passenger Ry. through Baltimore to the
6 months.
Gross.
Net.
Int. A taxes. Bal., sur. corner of Lafayette Avenue and Charles Street and thence 1 9 miles
1897,....................... $1,270,103
$710,884
$381,996
$328,888
to Emory Grove, the northern terminus of the line. Power is to be
1896........................ 1,210,494
582,618
374,900
207,718
R E P O R T — For years ending Dec. 31,1895 and 1896, see V. 65, p. 867: furnished from the B. & O. Belt Line power house for the line south of
r-Baltimore Tract'n— ,
, ------Oity < Sub.------ . Arlington Junction and from thence to Emery Grove for company’s
&
powerhouse at Owing’s Mills. The road has branohes to Pimlico,
Tears ending Bsc. 31—
1896.
1895.
1896.
1895.
Gross re jeipts................ $1,269,514 $1,179,191 $1,014,541 $936,585
West Arlington and West Woodbury.
Operating expenses........
646,128
639,707
648,981 621,460
O fficers —P resident, Henry A. Parr; Yice-President and General
Receipts over oper. exp... $623,386 $539,484 $365,560 $315,125 Manager, George R. Webb; Secretary. Richard H. Cox; Treasurer, J.
Fixed charges..................
445,511
413,097
216,128 211,749 Bernard Scott.—V. 64, p. 887; V. 65, p. 868, 1023.
BALLSTON
S P A , N. Y .
B A L T I M O R E , MD.
Balance, surplus........... $177,875 $126,387 $149,432 $103,376
O fficers —President, Nelson Perin; Vice-President and General
Manager, William A. House; Secretary, Thos. C. Jenkins; Treasurer,.
F. S. Hambleton, Directors: Charles Adler, Edward L. Bartlett, Jesse
Hilles, W. T. Dixon, T. E. Hambleton, H. Crawford Black, William P.
Harvey, Nelson Perin, William A. House, George C. Jenkins, George
A. Von Lingen and Theodore F. Wiloox.
B A L T IM O R E
T R A C T I O N —See
dated Ry. above and also V. 64, p. 1180.
Baltimore
Consoli
C I T Y & S U B U R B A N R Y . —See Balt. Consolidated Ry.
C O L U M B IA & M A R Y L A N D R E
ORGANIZATION, ETC-—Foreclosed March 27, 1898. See Maryland.
Traction Co.
12
STftEET
L IN E S
OF
BAILW AYS.
TH E
BALTIMORE CONSOLIDATED
RAILWAY COMPANY.
P O P U L A T IO N
M e r e d it h ^
Bridge^
O F B A L T IM O R E , 5 5 6 ,7 1 7 .
L U T H E R V IL L I
Total Mileage of the Baltimore Consolidated Railway, 191 miles.
c 2 £ s---ü2S
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BALTIMORE;
ELKRIDGE^l ANDING
m i
S O f a í w í t í Pt.
MARLEY
NE CK
H anover
STREET
M A R Y L A N D T R A C T I O N C O .-In o o rp o ra te d in May,
1898, and owns the franchises of the Columbia & Maryland RR. (sold
in foreclosure March 80,1898,) for a line from Laurel, Md., to a con
nection with the Catonsville Short Line. The Ellicott City Branch
was sold to the Baltimore Consolidated Ry. and that extending from
the District of Columbia line to Laurel to the City & Suburban of the
the District of Columbia. V. 67, p. 74; V. 66, p. 1000. Capital stock
$700,000.
D irectors —Thomas J. Hayward, Henry A. Parr, Robt. S. Carswell,
William H. Boehler and Edward P. Hill, of Baltimore—Y. 66, p. 1000;
V. 67; p. 74.
W A S H I N G T O N
W E S T M I N S T E R
&
G E T T Y S B U R G R A I L R O A D —To be a steam road. See
I nvestors’ Supplement for July, 1898, and this Supplement for
February, 1898.
B A N G O R , ME.
P opulation 1890
was 19,103; in 1880 was 16,856;
and in 1870 was 18,289.
B A N G O R
H A M P D E N
&
W IN T E R P O R T
R A I L W A Y —To be a trolley road.
O r g a n i z a t i o n — Incorporated in 1897 to build a road from the south
line of Bangor through Hampden to Winterport. Bonds, 1st mort
gage, dated 1897, $300,000 ($1,000 each), 5 per cent, due Sept. 15,
1917, Old Colony Trust Co., Boston, trustee. Entire projected line,
54 miles; of this Bangor to Hampden Comer, 4-65 miles, operated by
Bangor Street Railway in 1897, and balance under construction.
B A N G O R S T R E E T R A I L W A Y . —An electric road.
O RGANIZATION— Organized Oct., 1889. The now bankrupt Public
Works Co. was formed by the union of the Street Railway Co. and the
Bangor Electric Light & Power, Penobscot Water Power and Brewer
Water companies. T. 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
ration with $600,000 stock and $600,000 bonds. See Y. 61, p. 795
Reorganization pending. Committee in August, 1898, wrote: “Matters
here remain as they were, but we hope for a change in the course of
two months.”
STOCK & B onds —
Interest. Authored Outstand’g. Maturity
Stock, $100...................................................... $200,000 .................
1st mortgage, gold, 1889.. 6 F - A
200,000
200,000 A u g.l, 1909
The bonds have been in default since 1893. Of the total issue of
$200,000, $42,000 were exchanged for 5 per cent bonds of the Public
Works Company. Mortgage trustee International Trust Co. of Boston.
R o a d — Owns road in Bangor to Brewer, etc., 9 ^ miles in all.
A n n u a l R e p o r t — For years ending June 30 earnings have been:
Tr. end.June 30. 1897.
1896. I
1897.
1896.
Gross earnings..$69,493 $58,071 |Deficit............... $1,551 $5,282
Net earnings...... 10,449
6,717 I Tot. def. Sept. 30 21,708 20,157
Interest, etc...... 12,000
12,000 |
OFFICERS—President, C. F. Woodard, Bangor, Me.; Sec., Treas. and
Gen. Man., J. H. Cutler; Purch. Agent, J. W. Cartwright, Jr..—V. 61,
p. 795.
B A N G O R
O R O N O
&
O L D
T O W N
R A IL
W A Y —A trolley road.
ORGANIZATION— This company began operations in July, 1895. Its
ears run over the Bangor Street Railway to a point on State Street,
and thence over its own line through the villages of Veazie and Orono
past the State College to Old Town, a distance of 14*3 miles, 2 miles in
Bangor; total, 16J miles.
2
STOCK & Bonds —
Date.
Interest.
Outstanding. Maturity.
Stock $125,000(par $100) ___ 1% monthly
$100,000
monthly
Is tM ., $125,000, gold.... 1895 6 g. semi an.
125,000
1915
DIVIDENDS—Since April 20, 1896,1 p. c. monthly.
EARNINGS—Year ending June 30, 1897, gross, $65,749; net over
taxes, $22,000; interest. $7,500; dividends, $12,000; bal., surplus, for
year, $2,500 carried to permanent improvement account. In 1895-96,
ross, $56,121; net, $26,656.
•
President, A. F. Gerald, Fairfield, Me.; Treasurer, I. C. Libby; Super
intendent, I. L. Meloon.
P E N O B S C O T C E N T R A L R Y . - T o be a trolleyroad.
Incorporated in Dec., 1896, to construct from Bangor to Charleston
and Kenduskeag to Garland, Me. Stock, $250.000; par, $100. Bonds
to be issued to the same amount.
R o a d — Bangor to Charleston and Kenduskeag to Garland, 40 miles
of which Bangor to Charleston, 25 miles, reported to be under con
struction in July, 1898.
O FFIC E R S— Pres, and Gen. Mgr., F. O. Beal; Treas., F. H. Small
Clerk and Legal Adviser, H. M. H«ath, Augusta, Me.
BATH,
ME.
P opulation 1890 was 8,723 ; in 1880
AND in 1870 was 7,371.
was 7,874 ;
B A T H S T R E E T R A I L W A Y —A trolley road.
O r g a n iz a t io n — Chartered May 5, 1891. Franchise perpetual. On
uly 1,1898, the syndicate promoting the Lewiston Brunswick & Bath
Railway Company will assumé possession under a 999-year lease,,
paying the $100,000 stock 4 per cent per annum, semi-annually. The
lessee has an option on or before April 1,1899, to purchase the fran
chises and rights of the road for $66,666 66 cash. The stock of the
Bath road, with the exception of a few shares, is owned by Galen C
Moses and F. H. Twitchell. »,
STOCK & B onds —
Date. Interest. Outstand'g.
Matur’y.
Stock au. $300,000, par,$100.......... 4 J & J
$100,000
Text.
1st mort., $300,000, gold.... (1893 5g. J - J
70,000 July 1,1913
$1,000...........................o* ) Subject to call after July 1,1898.
Interest is payable at American Loan & Trust Co., Trustee, Boston.
13
RAILW AYS
Dividends—In 1894-95, 3 p. o.; in 1895-96. 4ig p. 0.; 1896-97, 3 ^ p. e
R o a d — Bath to Winnegance 41 miles; rails 48 lb. T- Cars, 8.
*
L a t e st E arnings —5 months,> 1898..... Gross, $7,541; net. $994
Jan. 1 to May 31.
51897..... Gross, 7,013; net, 1,441
YEARLY E arnings —For years ending June 30 earnings were
100 1 .
lo o n . 1
1897.
1996^
1896.
1897.
Gross earnings..$20,003 $21,047 |Dividend...............$3,500 $4,50a
Net earnings___ 6,504
8,009 I Balance for year..def.496 sur.109
1,652
Int’st on bonds.. 3,500
3,400 |Total surplus...... 1,155
O f f i c e r s — President, GalenC. Moses; Secretary, Charles C. Low
Treasurer, Fritz H. Twitchell.
B A Y C IT Y , M IC H ,
P opulation 1890
was 27,839; in 1880 was 20,693;
and in 1870 was 7.064.
.
B A Y C IT IE S C O N S O L ID A T E D R A I L W A Y —
A trolley road. Combined population of territory supplied in 1898
(estimated) about 45,000.
STOCK & B onds —
Miles. Date. Interest. Outstand'g. Maturity.
Stook (par $100)....... ....................................$950,000
..................
Bay City 1st mortgage...................
6
119,000
..................
Bay Cities consol. 1st 5 ....... 1893 6 g M -S
381,000
Mar. 1,1918
con M.$500,000,g.o XTrustee, Solicitors’ Loan & Trust, Phila.
New mort., $50,000.........:.. 1896 6 M-S
$50,000
1906
Trustee, Solicitors’ Loan & Trust, Philadelphia,
LATEST E arnings —6 months, > 1898...Gross, $38,408; net, $11,535
Jan. 1 to June 30.
5 1897...Gross, 37,638; net, 10,215
For the 12 months ending Dec. 3 1 ,1 8 9 6 , gross income, $90,552; net
$29,939. In 189 5 gross income, $88,658; net, $30,141. In 1894 gross
income, $ 8 3 ,4 0 0 ; net, $31,439.
R o a d — Owns 25 miles of track (length of line 17 miles).
O fficers —P resident. W. B. McKinley, Chicago, 1 1
1.
B E A T R IC E , N E B .
P opulation 1890
was 13,836; in 1880 was 2,447.
B E A T R IC E
E L E C T R IC
C O M P A N Y O rganization —Incorporated in November, 1895, with authorized
capital stook $100,000, to acquire the property of the Rapid Transit &
Power Co., 7 ^ miles of track, foreclosed July 26,1895 (V. 61, p. 195),
the Beatrice Electrio Light Co. and also water-power facilities.
Funded debt reported to be $60,000 of 6 per cent bonds due in 1915.
—Y. 61, p. 195.
O FFIC ERS— President, V . G. Lantry; Secretary, A . S. Maxwell, Treas
urer, Paul W. Horbach.
B E A V E R FALLS, PA.
P opulation 1890
was 9,735; in 1880 w as 5,104;
and in 1870 was 3.112.
B E A V E R
V A L L E Y
T R A C T I O N - A trolley road'
O R G A N IZ A T IO N — Incorporated in perpetuity June 29,1891, and owns
entire capital stock of Beaver Valley St. Pass. By. Oo. and of Centra*
Elect. St. By. Oo., purchased Aug. 8,1891, operating them as one road
under 999-year lease. In September, 1896, control of the Grandview
Electric Railway was reported to have been obtained in its interest.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
Stook ($300,000) par $50. ........... ........... $300,000f.p.
............
1st mortgage, $150,000, ( 1891 6 g. J - J
150,000
Julyl, 1911
gold........................... e ( Int. at Union Trust Co., trustee, Pittsb’g, Pa.
2d mortgage,gold, ($500), < 1895 6 g. A -O
74,000
Oct. 1,1915
$100,000................. o* ( Int. at Union Trust (Jo., trustee, Pittsburg.
Bills payable Jan. 1,1898, $33,979.
Road —Owns 6*2 miles of track and leases 6‘6 miles owned bv the
companies whose stock it holds. Rail 45 to 72 lbs., girder and.T•
EARNINGS—Year ending June 30, 1897: Gross, $67,888; operating
expenses, $39,404; net earnings, $28,484; taxes, $2,555 ; interest,
$15,228; balance, surplus for year, $10,701. In 1895-96, gross.
$66,332; net, $29,642. Calendar year 1897, gross, $68,555; net
$30,576; taxes, $2,637; interest, etc., $17,773; net, $10,166.
O fficers —A nnual meeting first Monday in February. President,
J. M. Buchanan; Secretary, W. P. McConnell; Treasurer, S. P. Stone.
B E L L E V IL L E , ILL.
P opulation 1890 was 15,361; in 1880
AND in 1870 was 8,146.
B E L L E V IL L E
E L E C T R IC
was 10,683;
R A IL W A Y -
O R G A N IZ A T IO N — Organized in 1893 to operate in Belleville and e x
tend to East St. Louis, a total of 14 miles.
STOCK & Bonds —
Miles. Date. Interest. Outstanding. Maturity.
Stock, $300,000..........................................
$100,000
................
M., $300,000, gold................ 1894 6 g J - J
100,000 Jan. 1,1906
Interest at the American Trust & Savings Bank, Chicago, HI.
April, 1898, bonds and stock were all held by the company itself.
Ro a d — n 1898 operated 5*2 miles of road in Belleville.
I
OFFICERS-President, John A. Day; Vice-President, Henry A. Kireheu
Secretary and Treasurer, George Gauss.
B E N N IN G T O N , V T .
P opulation in 1890 was 3,971; E stimated L ocal
P opulation in 1896 was 7,000.
B E N N IN G T O N
& W O O D F O R D
E L E C T R IC
R A I L W A Y . —A trolley road.
O r g a n iza tio n , E t c .— Chartered N ov . 28,1894; operated from July
27,1895. A summer road, and included in plant are a power house, the
atre and other buildings and lands, representing $22,500 of thecapi
talization. Stock, $100,000, authorized; issued, $55,000. Bonds, au
thorized, $100,000. Dividends on stock in 1897, 9 per cent.
r o ad —From Bennington & Rutland RR. depot, Bennington, to
Woodford,
miles. Also proposed in streets of Bennington and from
Bennington through North Bennington to Hoosick, N. Y.
STREET
14
B ID D E F O R D , ME.
P opulation 1890
w as 14,443; in 1880 was 12,651;
and in 1870 WAS 10,'282.
B ID D E F O R D & S A C O
R R . - A n electrio road.
ORGANIZATION— Incorporated Feb- 19, 1887. Owns 5-7 miles road
(and 0*3 mile sidings) between Saco, Biddeford and Old Orchard Beach.
STOCK & B o n d s —
Date, Bnfst. Outsland’g.Maturity.
Stock (par $50) ($100,000 auth.)........................... $40,000 .............
1a+ Tnni4(,a ea /<tQ non 1
r.
O
5 1888 6 J - J
90,000
1908
1st mortgage ($ «0,000; ................ U n t. at 1st Nat. Bk., Biddeford, Me
Notes payable June 30,1897.................. .......
25,200
.......
Yr 8.end.June 30. Gross.
Net.
Interest, etc.
Balance
1896-7.................. $26,383
$6,076
$6,863
$def.787
1895-6.................
25,461
def.1,410
5,546
def.6,956
1894-5................. - 24,359
11,751
7,515
sur.4,236
Total profit and loss deficit June 30,1897, $8,802.
In July, 1898,¿t was stated that Col. Chas. A. Prescott had purchased
a controlling interest and would improve the line.
OFFICERS—President, E. H. Banks. *
RAILW AYS
S tock & bo n d s —
Date. Interest. Outst’d’g.
Maturity.
Stock, $250,000; par, $100. .................... ..
(?)
...................
Bloomington & Normal 1st 1
M., $250,000($500 & $1.- V1898 5g. J-J
(?)
July 1,1923
000)subj to call af. lOyrs. )
Int. at 1 1 Tr. & Sav. Bk., Chicago, Trustee, and Chase Nat. Bk., N.Y.
1.
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 their associates.
Road—Eleven miles of 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.
B O STO N , M ASS.
P opulation 1890
and
B I N G H A M T O N , N. Y .
P opulation 1890
was 35,005; in 1880 w as 17,317;
and in 1870 WAS* 12,692.
B I N G H A M T O N R A I L R O A D —A trolley road.
ORGANIZATION—Chartered August 11,1892. Formed in 1893 by con
solidation of all the street railways in the city.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity•
Stock, $900,000, par $100 .......
. ........
$395,170
................
Bing. Street RR. 1stM ... 1890
6 A -0
200,000 Apr. 1,1910
Binghamton RR. Co. M„ )
f
50,000
1908-1917
$900,000, g. $1,000.. b*
($5,000due yearly Mar. 1.)
(See text) Interest at At- >1893 5 g J - J (
■
50,000
1918-1922
lantio Trust Co., N. Y.,
($10,000dueyearlyMar.l)
Trustee.
J
l $600,000 due Mch. 1, ’23
Bing. Lest. & Un. 1st M. 11895
5 g J -D
$125,000 June 1,1925
gold,prin. andint. guar, j Interest at Atlantic Trust, New York.
Binghamton Trust Co., trustee.
Of the bonds of i 8gj, $100,000 mature in installments as indicated in
the table, and the remaining $800,000 mature Mar. 1, 1923. Of the
$900,000 authorized $200,000 are reserved to retire the 6s of 1910 at
maturity, and $200,000 additional were on Nov. 20, 1896, held for
•construction and equipment to be issued at not exceeding 85 per cent
of the cost thereof. These last, moreover, cannot be delivered by the
rustee until the road shows net earnings equal to twice the intereston
the bonds outstanding, including those which it is proposed to issue.
ROAD— Operates 36 miles of track, including the Binghamton Lestershire & Union Railroad, 7 miles long, opened in 1896.
LATEST Earnings —9 months, > 1897-8.gross, $109,158; net, $41,716
Oct. 1 to June 30.
j 1896-7.gross,
98,393; net, 32,649
A n n u a l R e po r t —Figures for years ending September 30 were:
Year8 end. Sept.30— Gross.
Net.
Int. < taxes. Bal., sur
&
1896-97...........
$146,574
$60,616
$45,492
$15,124
1895-96........... '.... 141,339
62,326
40,285
22,041
1894-95................. 126,453
52,397
35,266
17,131
O FFIC E R S— President, G. T. Rogers; Vice-President, J. B. Landfield;
Secretary, J. M. Johnson; Treasurer, John B. Rogers; General Man
ager and Purchasing Agent. J. P. E. Clark. Office, Binghamton, N. Y.
—(V. 61, p. 151; V. 62, p. 360; V. 63, p. 878.)
•
B IR M I N G H A M , A L A .
was 448,477; in 1880 was 362,839;
IN 1870 WAR 250,526.
B O ST O N
E L E V A T E D R e
o r g a n iza t io n —The bill chartering this companv was signed by the
Governor of Massachusetts June 10,1897. The elevated road must be
built within three years (see V.64, p. 329) upon the locations origin
ally asked for, and thereafter the Aldermen may grant additional
locations. The bill provides for an extensive system of free transfers.
In addition to regular street railway taxes the company is to pay, after
certificate of construction is given by the Railroad Commissioners,
of 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 under
stood to “ grant it exemption from reduction of fares, and also other
immunities.”—(See Mass. RR. Commission, V. 65, p. 1223. In August,
1898, the plans had been approved by the Massachusetts Railroad
Commissioners, cars to be run with electricity by the “third rail” sys
tem.—V. 67, p. 318.
Lease of West End.—The West End Street Ry. is leased until June
10.1922, at 7 per cent per annum on its common and 8 per cent on
the preferred stook, in addition to all interest, rentals, etc. Posses
sion 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, &c., but not
including stations or electrical equipment, at $296,949, and the total
cost of construction covering a distance of 10-29 miles is figured at
$3,053,605; equipment, terminals, stations, etc., at $3,890,000; land
damages at a maximum of $5,039,786, minimum estimate $3,120,491.
S tock—Capital stock is $10,000,000 (shares $100), on which in Deo.,
1897, $50 per share had been paid in, represented by trust receipts, no
certificates having been issued. (V. 66, p. 38.) First dividend, 2^4 per
cent, was paid August 15,1898.—V. 67, p. 221.
O FFIC ERS— President, William A. Gaston; Vice-President, William
A. Bancroft; Treasurer, William Hooper; Secretary, John T. Burnett.
DIRECTO RS— William A. Gaston, F. H. Peabody, Jacob C. Rogers,
William Endicott, Jr., Samuel Carr, of the F. L. Ames estate; Frederick
Ayer, of Lowell; Charles J. Paine, James M. Prendergast, T. Jefferson
Coolidge, Jr., W. A. Bancroft, Robert Winsor.—V. 65, p. 570, 1026
1073,1223; V. 66, p. 38, 80; V. 67, p. 221, 318.
Companies Controlled by Boston E levated R R . Co,
( 1 ) WEST E N D STREET R A IL W A Y —A trolley road.
ORGANIZATION—Chartered in 1886; a consolidation of various com
panies, as is seen by bond table below. Subway Lease.—In Deo., 1896,
B IR M IN G H A M
R A IL W A Y & E L E C T R IC —
the West End leased the right to use the subway at 47 p. o. of the net
s
STOCK & B o nds —
Date. Interest. Outstanding. Maturity.
eost of subway, such cost not to exceed $7,000,000. Subway in oper
Common stock, par $100..........................
$500,000
Pfd.st’k,6p.o.cum.,par$100 ....................
1,000,000
ation in Nov., 1897, on Tremont St. from Pleasant to Park Sts. and
1st M. gold, $1,250,000,)
1890 5g. J - J
1,250,000 July 2,1920 Church to Park Sts. via Boylston. See V. 63, p. 1065,1117.
$1,000...................... S Interest at Central Trust Co., New York.
Boston Elevated Lease.—Leased to Boston Elevated RR. until June
Mortgage trustee is Birmingham Trust & Savings Co.
10.1922, at 7 per cent per annum on common and 8 per cent on the
B o n d s — AH underlying bonds of the old companies have been
preferred shares of the West End Co. in addition to the payment of its
retired and canceled, and $90,000 of the $1,250,000 firsts given as out
rentals, interest and other charges. Boston Elevated assumed posses
standing are in the treasury subject to the disposal of the directors.
sion Jan. 1,1898. See ternjs of lease in V. 65, p. 570.
Loans and bills payable Aug. 1,1897, $60,125.
STOCK AND BONDS—
Date. Interest.
Oatstand'g Last div., < e
£
R O A D — In November, 1897, was operating 55*2 miles of track in city Common stock ($50)............... Text
A .-O . $9,085,000 A p r.l ’98,31
*
of Birmingham and extending also to Bessemer, Pratt City and Ensley; Preferred stook (par $50)........
8
J .- J .
6,400,000 July,’98,4%
Gold bonds of 1892.......... 1892 5 g.
M.-N.
3,000,000 Nov. 1,1902
steam, 27 miles; electrio, 281 miles. Rails 40-56 lb. T and 58 lb.
a
ag.M .-S. 2,000,000 Mch. 1,1914
girder. In 1897 purchased road from Bessemer to Powderly, 12 miles. Gold bonds of 1894.......... 1894 41
G$
2d275?000,n^t1mort.. \ 1890 4
M-BT.
815,000 May 1,1916
Extension from West End to Powderly operated from July, 1898.
OFFICERS—President, A. M. Shook; 1st Vice-President, Robert JemiQ$ d
2 ,700?0d not m Jrt.ci 1897 4 ^ F -~A 00
2,700,000 Feb. 1,1917
son; 2d Vice-President, W. A. Walker; Secretary and Treasurer, J. A. Metropolitan RR. (plain).. 1883
5 J .-D .
500,000 Dec.15,1903
Stratton; General Manager, J. B. McClary.
Middlesex RR. (plain)......1884
5 J .- J .
200,000 July 1,1904
Highland St., plain............1882
5 M.-N.
300,000 May 1,1902
H IG H L A N D A V E N U E & B E L T R A IL R O A D
Boston Consol. St. plain...1887
5 J .- J .
500,000 Jan. 1,1907
—Uses dummy engines. Operates about 28 miles of track in Birming South Boston, plain.......... 1883
5 M.-N.
200,000 May 1,1905
ham; 13 passenger oars; 7 engines.
Cambridge 1 stM *............. 1883
5 A .-O .
480,000 Apr. 1,1903
5 A .-O .
150,000 Apr. 1,1904
R EC E IV E R SH IP — On' April 2,1897, Phil. Campbell was appointed re Charles River 1st M..........1884
ceiver in suit of Columbian Equipment Co. of N. Y .—V. 64, p. 707.
* Cambridge bonds are redeemable $30,000 yearly at 105.
B IR M IN G H A M
T R A C T I O N . —A trolley road.
Interest is payable in Boston by the American Loan & Trust Co
O RG ANIZATION— A reorganization of the East Birmingham Land & except on Cambridge 5s, payable at New England Trust Company.
Railroad, sold in foreclosure May 31,1897.—V. 64, p. 843. Length of
The bonds of 1896 (not mortgage) were authorized for funding its
road, 7 miles; branches, 3 miles; total, 10 miles. Transformed from real estate indebtedness ($725,000) and for refunding, prior bonds
steam dummy to electric road. President, A. T. Loudon; Secretary amounting in March, 1895, to $1,550,000. The $2,700,000 bonds of
a ad Treasurer, John Loudon; General Manager and Purchasing Agent, 1897 (not mortgage) were sold in Jan. 1897, to pay off existing float
G. M. Williams.
______ _
>
* ing debt of $1,000,000, for extensions and equipment in 1897 $1,000,000, and for refunding 6s due June 1 and July 1 $700,000. —See V. 64
p. 236. Highland St. 6s $100,000 fell due Jan. 1,1898; West End
bonds were authorized to retire them.
P opulation 1890 was 20,484; in 1880 was 17,180;
Dividends.—On preferred, 8 per cent per annum. On common, in
and in 1870 was 14,590.
1892,10 p. 0.; in 1893, 9 p. 0.; 1894,7 ^ p. 0.5 1895, 6*2 p. e.; in 1896,
B L O O M IN G T O N & N O R M A L S T R E E T R Y
7 p. 0.; in 1897, 7*9p. 0.; in 1898, Jan., 3 ^ p. c. Thereafter guaranteed
A trolley road.
under terms of lease, the common stock 7 p. c. per annum, payable in
RGANIZATION—Incorporated in June, 1898, as successor of Bloom- April and October, the first distribution, 3 ^ p. 0., being made April 1,
City Ry., foreclosedand so May 31.1898.—V. 66, p. 1088,118
1898.)
P opulation 1890
was 26,178; and in 1880 was 3,086.
B L O O M IN G T O N , ILL.
STREET
RAILWAYS,
ROAD—Sept. 30,1897.
Miles.
Miles.
9
Main line, 1st track ............. 156 Roads leased.......... ........
2
\ do.
2d track.............
113 Trackage...................
Sidings................................
35 Total operated Sept. 30, ’97. 315
Electrically equipped.......... 293
Total owned..................... 304
Weight of girder rail is 70 to 100 lbs.
A n n u a l R e p o r t — Report for year ending Sept. 30,1897, in V. 65, p.
1021, shows earnings as follow s:
1897.
18969
1897.
1896.
Gross earn..$8,719,032 $8,341,958 Rentals...-........ $14,695 $11,952
Net earn.... 2,505,323 2,007,339 Dividends..........681,375 635,950
Inter’t paid
487,600
438,750
do
pref..512,000 512,000
Taxes........
372,460
343,898 BaL, surplus____431,572 64,789
INDEX—V. 65, p. 1 0 2 1 ,1 0 2 6 ,1073,1223 ; V. 66, p. 38, 80.
( 2 ) M A L D E N & MELROSE ST. RR.—
O r g a n i z a t i o n — Chartered June 6,1856. Road is leased to the W est
End Street Railway and operated by that company. Owns 6*28 miles
of main line track and *2 mile sidings. Capital stock, $200,000; par
$100; no funded or floating debt.
(3)
SOM ERVILLE HORSE RR.—
O r g a n iz a t io n — Incorporated May 29, 1857, and owns 4-9 miles
of railway, measured as single track, and ^ mile of switch, etc.
Leased to West End Street Railway for $9,180 yearly, 6 p. c. on $153,000 stock. Dividends are payable (M&N) in Boston.
L Y N N & B O S T O N R R . —See North Shore Traction.
N O R T H S H O R E T R A C T IO N —
O r g a n i z a t i o n — Incorporated in 1892 under laws o f New Jersey for
the purpose of controlling various street railway properties through
ownership of stock, and is not an operating company. Owns the
entire stock of Lynn & Boston and allied properties.
S tock —
Par. Dividends. Outstand’g Last div., die.
Common...........................100
............. $4,000,000 ...................
Pref. 6% cum., red. at 105.. 100
6 A. - O.
2,000,000 Apr. 1/98,3%
D ividends —The accumulated dividends on the preferred stock,
amounting to 12 per cent, were paid May 18,1895; dividends since
paid in full to April, 1898, inclusive.
LATEST Earnings —9 mos.,> 1 97-8.. Gross, $986,491; net, $363,985
Oct. 1 to June 30.
51896-7..Gross, 951,502; net, 351,979
A n n u a l R eport —The report for the fiscal year ending Sept. 30
1897, with balance sheet, was given in V. 65, p. 1171
OFFICERS—President, C. M. Wicker, 15 W all Street, N ew Y o rk ; VicePresident and Treasurer, Frederick Strauss, 21 Broad St., New York;
Secretary, G. R. Nicholas, Camden, N. J. N ew Jersey office, Camden,
N. J. (V. 61, p.926, 1010; V. 63, p. 1 1 1 3 ; V. 65, p. 1171.)
Companies Controlled by North Shore Traction Co.
( 1 ) L Y N N & BOSTON R A IL R O A D —An electric road.
15
the $50,000 bonds and dividends on $50,000 stook, from July 1,1897,
at 5 p. o. per annum.
STOCK & B onds —
Date. Interest. Outstand’g. Lastdiv.,etc.
Stock (p a r$100).......................
5 J -J
$50,000 July,’97,2*2%
1st mort. drawq at 104,. (1890
5F- A
48,000
Feb. 1,1910
Int. (notpr.) gu. ’'yL. & B. ( Interest at AmerioanLoan & Trust, Boston.
Current liabilities Sept. 30, 1896........ .
$2,000
....................
Road —Main track, 3-8 miles; second track, 0-4 miles.
(4) EAST M ID D LE S E X STREET R E
ORGANIZATION—Owns 18-3 miles of track; sidings, switches, etc.
1*8; total, 20-1 miles. Leased May 1, 1893, to Lynn & Boston fo r
99 years at a rental till May 1,1896, of $18,000 yearly; then till May
1,1901, $24,000 yearly; and for remainder of lease, $30,000 yearly.
STOCK & B o n d s Date. Interest. Outstana’g. Maturity.
Stook ($100) $300,000....... .....................
$297,700 ................ .
Plain bonds, int. gu. (end.). 1888 6 M-S
125,000 Sept. 1,1898
Plain bonds, refunding...... 1898
5
(1)
....................
Plain nonds, int. gu. (end.).
1892 5 J-J
• 100,000 Jan. 1,1902
The $125,000 currency 6s are to be refunded into currency 5s to the
amount of about $121,000 sold to Estabrook & Co. at about 103’50.
Interest at Nat. Hide & Leather Bank., Boston.
The lessee in the lease agreed to stamp the bonds with a guaranty of
the prompt payment of interest—principal is not guaranteed.
( 5 ) W INN ISIM M ET (STREET) RR.—
O r g a n i z a t i o n — Owns 2-2 miles of track. Leased to the Lynn &
Boston for 999 years from 1880, at $3,000 per annum. Capital stock
is $50,000, par $50. Dividends in 1894-95 6 p.
N O R F O L K S U B U R B A N —( H Y D E F A R K , & C . )
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
Stook (par $100).......... ................See text. $187,500 July 15,’98,3^%
1a-f m
nT-fcrti cta "hnrw
lQ
5 1894
5 J—
J
75,000
July, 1914
1st mortgage bonds.......... £int. at internat’al Tr. Co., Boston, trustee.
DIVIDENDS—In 1894-95, 6 p. c.; in 1896, 6*2 p. o.; in 1897, 7 p. o.; in
1898, Jan., 3*2 p. c.; July, 3*2 p. c.
R o a d — Owns 11 miles of track.
EARNINGS—For year ending Sept. 30,1897, gross, $98,159; net, $19,958; interest and taxes, $6,662; dividends, $13,125; balance, surplus
for year, $171. In 1895-96, gross, $94,966; net, $29,571. President,
James D. McAvoy, Readville; Treasurer, G. L. Stone, 87 Milk Street,
Boston.
W E S T E N D S T R E E T R Y . —See Boston Elevated ,.R.
W E S T R O X B U R Y & R O S L IN D A L E S T R E E T
R Y . - A trolley road. Owns 7-38 miles of track.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
................
Stock (scrip, $1,760),.................................... $101,760
1st M. $150,000, gold.s. f . ) 1896
5 g. M-S
100,000 Sept.l, 1916
($500) red. at 103 after > Interest at International Trust Co., BosSept. 1,1901.............o* ) ton, Trustee.
President, Thomas T. Robinson, Treasurer Fredk. N. Tirrell. Office,
John Hancock Building,” Boston.
;
O rganization—Owns road in 18 cities and towns in and about
Boston, Mass. Incorporated under laws of Massachusetts, April 6
1859, and controlled through ownership of stock by the North Shore.
STOCK & B onds —
Date. Interest.
Outstand’g. Last Div. die.
8 A.-O.
$1,266,000
Oct. 6,’97,4
Stock (par $100)..................
Naumkeag St. Ry. 1st..........
5 J .-D .
215,000 June 1,1906
Consol. M .........................
5 J .- J .
711,000 July 1,1910
P opulation 1890 was 7,803; in 1880 was 5,114;
Trustee, Manhattan Trust Co., New York.
. and IN 1870 WAS 4,574.
Lynn Belt 1st......................
5 M.-N.
100,000 May 1,1910
Trustee, American Loan & Trust Co., Boston.
B O W L I N G G R E E N R A I L W A Y . —A trolley road.
Essex Electric 1st................
6 J. • J.
100,000 Jan. 1,1911
O r ganizatio n —I ncorporated in July, 1898, as a reorganization of
Trustee, Old Colony Trust Co., Boston.
Lynn & Boston 1st m .,) 1894 5 g.J. D.
3,723,000 Dec. 1, 1924
the Park City Ry., purchased at foreclosure Feb. 28, 1898, by the
$5,379,000, $l,000.c* 5 Int. at Old Colony Trust Co., trustee, Boston. Fidelity Trust & Safety V., trustee. V. 66, p. 472. Completed as an
Coup.notes,$1,200,000 1897 6 A .-O .
320,000 April 1,1917.
electric road Sept. 1,1895, to do both freight and passenger business
Plain Bonds secured by
Lynn & Bos. mort, of 1894—
connecting river and city. Population of Bowling Green in 1895 (com
Lynn & Boston....................
5M .(15)-N.
150,000 May 15,1900 pany’s estimate) was 10,000, with suburbs 12,000.
do
do .....................
5 A .-0 .
100,000 Apr. 1,1907
STOCK, B onds , E tc —
Date. Interest. Outstanding. Maturity.
do
do .....................
5 M .-S.
186,000 Moh. 1,1912
Stock,
Naumkeag...........................
5 A .-0 .
49,000
Apr.1,1907 par........................
......................
$40,000
..........
do
...........................
6 M .-S .
24,000 Sept. 1,1910 New mortgage.............. .
1898
.......
(!)
.........
do
...........................
6 J .- J .
10,000
July 1,1911 , E t c .— Park City Ry. owned 4 miles of track, including sid
Road
Other small issues..............
5&6
11.000
1900
ings. Also owned 4 sixteen-foot passenger motors, 30 horse po w er;
B onds —Of the $5,379,000 first mortgage bonds, the unissued
1 one hundred horse power freight motor and 7 trailers.
balance to be used to take up other bonds.
O f f i c e r s — President; T. H. Whayne, care of Fidelity Trust & Safety
D ividends —From 1880 to Oct., 1897, inclusive, 8 per cent yearly.
Milp.it Vault Co., Louisville, Ky.—V. 66, p. 472.
ROAD—Nov., 1897.
Miles.
Owned, measured as single
East Middlesex Street R R ... 18'3
track .................................128*1 Boston < Revere El. St. Ry . 4*2
fe
Leased lines—
Trackage.............................. 3*5
Winnisimet Street R R ...................2*2
Total main track (all elec.) ..152-9
P opulation 1890 was 4,848; in 1880 was 3,855;
Boston & Chelsea R R ................... 4*2
Sidings................................
9-9
AND IN 1870 was 3,948.
Beverly & Danvers St. Ry., 3 miles (capital, $12,000) is controlled
B R A IN T R E E
S T R E E T R Y . —A trolley road.
but operated separately—see V. 65, p. 1171.
O r g a n i z a t i o n — Chartered in 1893. Operated in harmony with
ANNUAL R eport —R eport for 1896-97 in V. 65, p. 1171, shows:
Quincy & Boston Street Railway since October, 1895.
Yr. to Sep.30— 1897
1896.
1897.
1896.
October 1,1897, stock authorized was $200,000; stock outstanding,
Gr. earn’gs.$1,425,210 $1,420,702 Div’ds (8 p. o .)...$99,492 $92,832
6,573 $100,000 (including $30,000 increase in February, 1898); bonds, $35,Net earn’gs.
606,584
582,273 Bal., sur. for yr.. 4,217
Oth. income
6,725
5,219 Tot. sur. Sep. 30. 91,150
89,180 000, first mortgage ($500 each) 6s, dated July 25,1894, due July 25,
Int.,tax.,&c.
509,620
488,187
1914; loans and bills payable, $47,373; cash assets, $6,806. Owns
GENERAL BALANCE SHEET SEPTEMBER 30, 1897.
7*23 m iles; sidings, 0*19; trackage 1 mile.
Construct, (rd^owned) .$4,190,611 |Capital sto c k !^ .^ !!*!. $1,266,000
E a r n i n g s — For year-ending Sept. 30, 1897, gross, $41,337; net,
Land and buildings...... 1,385,662 Funded debt................ 5,699,000 $10,964; charges,$4,197; dividends, $1,050; balance, surplus for year,
Equipment.................. 1,349,772 Open accounts, etc....................... 270,357
Cash and current assets.
400,462 I Surplus........................
91,150 $5,717. In 1895-96,gross, $30,138; net, $9,227; charges, $2,888; bal
ance, surplus, for year, $6,339. President, J. F. Merrill, Quincy, Mass.
Total.........................$7,326,507 I Total......................... $7,326,507
O f f i c e r s — President, Amos F. Breed; Vice-President and Secretary,
B R A IN T R E E & W E Y M O U T H S T R E E T R Y .
E. Francis Oliver; Treasurer, Charles Williams; Purchasing Agent, —A trolley road.
H . Grover. Office, Lynn, Mass.—V. 65, p. 925,1021, 1171.
O rg anizatio n , Et c -—Commenced operations April 29,1895.
STOCK & B onds —
Date.
Interest. Outstand’g.
Maturity.
(2) BOSTON & C H ELSE A RR.
Stock..................... .......
...+
....
$160,000 Jan.l,’98,3%
ORGANIZATION— Incorporated April 29,1854, and owns 4-5 miles of 1at M »old
000
5 1897
5 g. M.—
S.
80,000 Mar. 1, 1917
railway measured as single track. Leased to Lynn & Boston Street Ry. 1st M.., goia, ¡t>»u,uou— £ int. at International Trust, Boston, trustee.
Owns line 11*63 miles in length; sidings, etc., *72 miles; total, 12*35
Co. at $7,260 per annum, equal to 6 per cent on $121,000 stock.
Dividends—In 1895-6 paid 2*2 per cent; in 1896, Jan., 3 p. o. Loans
STOCK & D ividends —
Dividend. Authorized. Outstanding
Stock par $50......................... 6 p. c. A -O
$300,000
$121,000 and bills payable Sept. 30,1897, $5,000. Year ending Sept. 30, L897,
Dividends are paid in Boston.
gross, $46,687; net, $13,353; interest and taxes, $6,823; discount on
(3) BOSTON & R E V E R S ELEC TRIC ST. R E
bonds sold, $5,092; balanoe, surplus for year, $1,438.
O FFIC E R S— President, Charles H . French, Canton, Mass.; Treasurer.
ORGANIZATION—Incorporated June 24, 1889. Leased from July 1,
1895, for 99 years to Lynn & Boston, which guarantees interest on O. E.[Chapman, 45 Milk Street, Boston
B O W L IN G GREEN, K Y .
B R A IN T R E E , M A SS.
16
STREET
RAILWAYS,
B R ID G E P O R T , C O N N .
P opulation 1890
was 48.856; in 1880 was 29,148;
and in 1870 was 18.969. (See below.)
O rganization —Organized Sept. 21,1893. Stook 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, $125,
000; bills payable Sept. 30, 1897, $10,000. Length of railway meas
ured as single track, 7-4 miles. For year ending Sept. 30,1897, from
passengers, gross, $38,838; from electric lights, etc., $23,881; total
gross, $62,719; net, $19,450; interest and taxes, $9,161; dividends,
$6,000; bal., surplus f or year, $4,289» In 1895-96 total gross, $64,619. President, C. S. Treadway, Bristol, Conn.
B R ID G E P O R T
T R A C T I O N —A 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
all city taxation. Population served in 1894 estimated at 80.000.
STOCK & B o n d s .—
Date. Interest.
Outstand’g.
Last div., etcStock (par $100)....... ........................
$2,000,000 Aug.1,’98,1 p.o.
First M. g. ($l,000)o.* > 1893 5 g. J.-J.
1,719,000 July 1, 1923
$2,000,000
5 Trustee Fidelity Title & Dep. Co., Newark, N.J.
Interest is payable at office of Redmond, Kerr & Co., 41 W all St., N. Y.
P opulation 1890 was 27,294; in 1880 was 13,608;
DIVIDENDS—Aug., 1895, to Aug., 1898, incl., 1 p. o. yearly.
and in 1870 was 8,007.
Bonds—The mortgage is a first lien on the franchises and all prop
B R O C K T O N B R ID G E W A T E R & T A U N T O N
erty now owned, or which Inay be hereafter acquired. As required S T R E E T R A I L W A Y —A trolley road.
under the laws of Connecticut the bonds are certified by State Auditor
O r g an izatio n , Et c .—Organized in 1880. Road opened June 14,
as issued at not over 75 per cent of cost of road, etc.
1897. It is estimated that population served including Brockton,
The unissued bonds may be sold for improvements and new con- Bridgewater, Taunton, &o., is over 68,000. Capital stock, $225,000.
istruotion, but at not to exceed 75 per cent of the adtual cost of such In April, 1898, application made to Massachusetts RR. Commissioners
improvements, etc. The company has no floating debt.
to increase capital stock to $275,000. The first mortgage is for $200,ROAD—Owns in fee 52*6 miles, consisting of eight divisions centering 000 5 per cent 20-year gold bonds, $1,000 c*, due Aug. 1,1917; inter
at one point, the N. Y. N. H. & H. Ry. depot, and extending to Strat est F.&A., at Amerioan L. & T. Co., Boston, trustee; issue authorized
ford, Fairfield, Southport and Westport. Extension to Westport com for building and equipping road.
pleted May, 1898. Rails are 90-pound in city and 70-pound in suburbs.
Road —Owns 21-71 miles of traokmostly 56-lb rail; 24 oars. Exten
EQUIPMENT—General Electric make; 53 closed cars, 51 new and old sion proposed (May, 1898,) to New Bedford, Mass.
open cars and snow-plough, sweepers, etc.
Earnings —June 14 to Aug. 31, 1897 (2*2 months), gross receipts
E a r n in g s — 6 months, > 1898............ Gross, $162,087; net, $72,012 were $28,803.
Jan. 1 to June 30.
51897............ Gross, 147,941; net, 54,398
O fficers .—President, Col. John J. Whipple; Treasurer, George A
A n n u a l R e p o r t — A special report was given in Y. 63, p. 836; see
Butman; Clerk, Wm. Jones; General Superintendent, James F. Shaw.
also remarks p. 815. For years ending Deo. 31:
Year—
Gross.
Net.
Interest. Dividends. Bat., sur.
B R O C K T O N S T R E E T R A I L W A Y —A trolley road.
$139,889
$84,150
$20,000
$35,739
1897.......... $321,445
O rganization —I ncorporated in 1880. A consolidation of the
1896.......... 319,544
132,760
82,075
20,000
30,685
1895.......... • 303,419
147,187
75,000
20,000
52,187 Brockton Street Railway, East Side, Brookton & Holbrook and W h it
Year ending ^une 30,1898, gross, $338,409; net, $155,221; charges, man street companies. Said to serve a population of 66,051.
„ S tock & B o n d s'
$85,950; surplus, $69,271. Year 1896-7, net, $127,827.
Date. Interest. Outstand’g. Maturity.
Stock (par $100)........
.... 6 Q - J $596,000 Jly.1’98,1*3
G E N E R A L B A L A N C E S H E E T J U N E 30, 1897.
Brockton St.Ry. bonds.
1885 4*2 A - O
21,000 Apr.1,1905
Assets—
| Liabilities—
Bonds......................
1886 4*2 A -O
32,000 Apr.1,1906
Construction........-- - (<bo oo« -,,0 I Stock................ .......... $2,000,000
Bonds......................
1890 4*2 A - O
40,000 Apr.1,1910
Equipment...............£ $d,836,142 ■Bonds.../........ ............ 1,683,000
Bonds, g o ld .............
1892 5g. J - J
18,000 Jan. 1,1912
Acoounts receivable...
331 I Bills payable...................
30,000 Whitman St. bonds___
1892 5 A - O
10,000 Apr.1,1912
10,077 Accounts payable.......................... 18,226
Gash..........................
f 1894 5 g.A - O 629,000 Oct. 1,1924
|Profit and loss, eto......
115,324 Brockt. (Consol.) St. R y.
; Subject to call at 105 and interest.
1st M. $750,000 g ___
' Int. at State Sc. Safe Deposit & Tr. Co.
Total assets............. $3,846,550 | Total liabilities.......... $3,846,550
Loans and bills payable Oct. 1,1897, $101,100. Real estate mort
OFFICERS—President, A. Radel; Treasurer, Wm. Scheerer (Newark, gage outstanding, $9,700.
-N. J.); Secretary, Thos. L. Watson.—V, 63, p. 836.
R o a d — Operates line 34-89 miles in length in Brockton and suburbs,
extending to Avon, Randolph, Holbrook and Whitman, etc.; second
track, 6-20 miles; sidings, 1-89 miles; total track, 42-98 miles.
Dividends—The road in 1896 had paid dividends uninterruptedly
P opulation 1890 was 3,369; in 1880 was 2,395;
since 1882; rate 1892 to 1896 inclusive was 6 p. 0.; in 1897,6 p. 0. in
and in 1870 was 1,178.
1898, Jan., 1*3 p. c.; Apr., 1*2 p. 0.; July, 1*2 p. 0.
Earnings —For the years ending Sept. 30 earnings have bee n :
B E L L A IR E
B R ID G E P O R T
&
M A R T I N ’S
Years ending Sept. 30—
1897.
1896.
F E R R Y S T R E E T R A I L W A Y - A trolley road.
1895.
Road operated, miles___
. 34-89
34-89
31-52
„ S tock & Bonds — Miles. Date. Interest. Outstandg.
Maturity Passengers carried..........
6,676,255
6,227,923
5,864,196
.......
$250,000
............. . Gross earnings................
Stock (par, $100)............................
$332,256
$306,865
$259,542
1st M. $150,000 gold. ) ....... 1893 6g. A -0
150,000 Oct. 1,1913 Net earnings...................
125,101
116,352
111,942
$1.000.............c*&r 5 Sub. to call on any A & O on and aft. Oct. 1, ’08
Interest, rents, taxes.......
68,362
48,947
51,375
Interest is payable at Farmers’ Loan & Trust Co., N. Y., trustee.
Dividends paid...............
35,760
35,760
26,130
ROAD—Operates 11*2 miles of track.
$31,645
$34,437
O FFICERS— President and General Manager, J. K. Jolly; Vice-Presi Balance, surplus for year........... $20,979
$24,751
$17,726
dent, G. W. Pitner; Secretary, Treasurer and Purch’g Agt., F. L. Jolly. Total surplus Sept. 30.................. $42,816
OFFICERS—President, G. H. Campbell, Lawrenoe, Mass. ; Treasurer,
W. F. Pope, 104 Ames Building, Boston.—V. 65, p. 1022.
B R O C K T O N , M ASS.
B R ID G E P O R T , OHIO.
B R ID G E T O N , N. J.
P opulation 1890 was 11,424; in 1880
AND in 1870 w a s 6,830.
was 8,722;
B R ID G E T O N & M IL L V IL L E T R A C T IO N —
O rganization —Successor May 3,1897, 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 th,e 1895
State Census was 13,292. Stook authorized, $200,000; issued, $95,700;
no bonds; debts Aug. 1,1898, $3,500. Bridgeton to Millville, 10 milesBridgeton to Fairton, 3X m.; Bridgeton, local, 4% m.; total, 18 miles!
4
E a r n i n g s — M ar. 10, ’97 to Feb. 28, ’98,1123 m o n th s, g r o s s, $34,733;
net, $11,198; d i v ’d s p a id (2i« p. c.), $4,785; t a x e s a n d re n ta ls, $1,779.
O FFICERS— President, C. Hartman Kuhn; Vice-President, Stephen
Green; Secretary and Treasurer, W. H. Bacon.—V. 64, p. 331,567, 887.
B R I G A N T I N E B E A C H , N. J.
B R IG A N T IN E T R A N S P O R T A T IO N C o O rganization —a reorganization per plan in V. 63, p. 837, of Brig
antine Transit Co. sold in foreclosure Feb. 4,1897. Buns steamers
from Inlet (Atlantic City) to Brigantine, connecting with its electric
trolley road, extending along Brigantine Beach, 6 miles. ■
N e w Securities : $50,000 1st mortgage 5 p. 0. 20-year bonds; 1st
-preferred 5 p. c. stock, $125,000; 2d preferred 5 p. c. stook, $75,000 •
common stook, $150,000.
Ear ning s —For year ending Deo. 31, 1897, passenger earnings of
railway, $8,745; other income, $306. “ Other debts,” Jan. 1,1898»
$11,615. President, Geo. H. Cook, 50*Broadway, New York.
In d e x —V. 62, p. 137,185, 778; V. 63, p. 310, 837; V. 64, p. 373.
B R IS T O L , C O N N .
P opulation 1890 was 7,382; in 1880
and IN 1870 WAS 3,788.
B R IS T O L & P L A IN V IL L E
trolley road. Also furnishes electric lights.
was 5,347;
T R A M W A Y . —A
R O C K L A N D & A B I N G T O N S T . R Y .-T r o lle y .
O rganization , E t c .—Owns 14-08 miles of track and operates 0-26
mile additional ; total operated, 14-34 miles.
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
Stock $120,000 (par $100) ............................ $120,000
............. .
1st mort., $100,000 gold.o* \ ¿ 8 9 ^ 6 g . M -N
87,500 May i, 1915
®
5 lût. at Ola Colony Tr. Co.,Boston, Trustee.
B R O O K L Y N , N. Y .
P opulation 1890 was 806,343; in 1880
AND in 1870 WAS 396,099.
was 566,653;
B R O O K L Y N
R A P ID
T R A N S I T . —(-See M a p on
page 18.)
ORGANIZATION— A New York corporation organized in January
1896, per plan in Chronicle , V. 60, p. 1145, to succeed to the prop
erty of the old Long Island Traction Company (see Supplement
November, 1895), foreclosed; syndicate headed by ex-Governor
Flower having bought control. Cars began running over Brooklyn
Bridge in February, 1898.—V. 66, p. 383.
A ssets —The property includes (1) the lease of the Brooklyn City
R R , (2) the entire capital stocks of the Brooklyn Heights
RR. $200,000), Brooklyn Queens County & Suburban Ry. $2,000.000)
Sea Beach Ry. $650,000 and Sea View Ry. $190,752, (3) a guarantee
fund of $4,000,000 deposited to secure the performance by the Brook
lyn Heights Co. of its contract with Brooklyn City RR. (4) Owner
ship of the account against the Brooklyn City RR. Co. for the cost of
all extensions and improvements on its lines, payable at termination
of lease and amounting June 30,1898, to $4,125,357. (5) Ownership
of various bonds of the railroad companies comprising the system.
The guaranty fund on Aug. 1,1898, contained securities estimated
as worth $4,035,550, as follows: Brooklyn City RR. consol. 5s, par
value $1,627,000, market value $1,854,780; Brooklyn Queens Co. &
Sub. bonds $2,000,000, market value $2,180,000; cash, $975.
The Brooklyn city BB. 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 stook. The lease is nominally to the Brooklyn Heights R
STREET
17
RAILWAYS.
Co. but practically to the Brooklyn Rapid Transit Co., since that com
pany owns the entire capital stock of the Brooklyn Heights Company
and guarantees payment of dividends to lessor, as said above.
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 o. 5 per cent bonds being
authorized, against $3,000,000 of Long island Traction.
STOCK & B onds —
Date. Inter St Outstanding. Maturity,
Stock, $20,000,000, $100......................
$20,000,000 ................
Bonds, $7,000,000, gold....... 1895 5 g .A -0
6,583,000 Oct. 1,1945
Interest at Central Trust Co., N. Y., trustee.
The capital stock is to be held in a voting trust for, five years, the
trustees being R. P. Flower, F. P. Olcott and A. N. Brady.
Entire stock ($650,000) of Sea Beach Ry. and outstanding stock
($190,752) and first 6s due 1907 ($27,500) of Sea View RR. are owned
by Brooklyn Rapid Transit. Sea Beach bonds were guaranteed in
1897. Y. 65, p. 1219. June 30,1898, company had no floating debt.
Bonds—Of the $7,000,000 fifty-year 5 per cent gold bonds, $1,875,000
took up collateral trust notes, $3,000,000 went to stockholders for the
assessment; balance for future requirements of the road. For de
scription of property covered by the mortgage see V. 62, p. 1138. In
Dec., 1897, bonds for $1,217,000 were listed, issued for purchase of
Sea View RR. and for extensions and improvements.—V. 65, p. 1219.
MILEAGE—The system July 1,1898, included:
Interest.
Outstand'g. Last div., die.
S tock & B onds — Date.
Stock ($10 shares)............. 10% Q.^r. 15 $12,000,000 July 15,’98,2^
6,000,000 July 1,1941
1st M.&con.M.$500&c.l891 ) 5 J. & J.
Subj. to call in 1916___o* > Int. at Long Island Bank, Brooklyn.
200,000July 1,1908
'ö ( B ’k’nCro8St.lst M.1888.. 5 J. & J.
□ G’d St.&New.lstM......... 5 F. & A.
200,000
1906
200,000June 1,1907
g ^ C.C.G.P.& B.lstM.1887.. 6 J. & D.
200,000July 1,1941
¡g New W .&Fl.lst7sext.’97 413 F. & A.
<j [ Gr. P. & Lor. St. 1st M ... 6 M. & N.
125,000May 1,1910
L ease AND R e n t a l —Leased Feb. 14,1893 to the Brooklyn Heights
RR. Co. for 999 years at 10 per cent on stock, all charges, etc. The
Brooklyn Rapid Transit owns the stock of the Brooklyn Heights Co.
There was deposited $4,000,000 as a guaranty fund to secure fulfilment
of terms of lease, no dividends to be paid on Brooklyn Heights
stock while market value of fund is below $4,000,000.
Road —Company owns 204 miles of track in city of Brooklyn,
extending to East New York and Queens County.
Roads owned in fee—
Miles. I Sidings, etc........................... 1 9 ^
Main line and br’ohes, trolley 97*2
-------Second track........................ 87*4 I Totalof alltrack July,’98..204
DIVIDENDS—For many years 8 per cent; in 1893 guaranteed 10 ner
cent under the lease. Extra dividend of 2 per cent in 1894. In 1895,
Jan., 2 ^ p. o.; April, 213 p. c .; July, 5 p. 0., of which 2*3 p. 0. extra.
(V. 61, p. 68); Oct., 2 ^ p. 0.; in 1896,10 p. 0.; in 1897,10 p. 0.; in
1898, Jan., 2*3 p. 0.; Apr. 2 ^ p. c.
"M
T'i.l.PS i
/lT'ilpo
B onds —The mortgage of 1891 is for $6,000,000 and is a first lien on
Brooklyn Heights R R ........
1*27 Projected............................. 80
the old Brooklyn City road and a consol, lien on the lines acquired by
Brooklyn City RR..............204*71 I Sea Beach R y....................... 12*28
consolidation in 1890. Of the $6,000,000 issued, $4,373,000 are in
Projected........................... 93
|Sea View R R ....................... 2*3
Brookl. Queens Co. and Sub 45
i
the hands of the public and the balance are held in the guaranty fund.
Report—The Brooklyn Rapid Transit Co., as shown above, has The balance sheet of the lessee company, the Brooklyn Heights RR.,
outstanding bonds of $6,583,000. The Brooklyn Heights Co. con on June 30,1898, showed $4,125,357 spent on the Brooklyn City RR.
tributes about $177,000 a year towards meeting the interest on these for extensions and construction. This amount, on appraisal, is pay
bonds, this amount being the interest on the construction advances to able to the lessee if, for any reason, the lease is terminated.
the Heights and the Brooklyn City companies from the Rapid Transit
A n n u a l R eport —The earnings are included in the report of the
Co., said interest being included in the Heights Cfo.’s operating e x Brooklyn Heights RR. Co. above. They are not reported separately.
penses. In addition the Rapid Transit Co. receives about $112,000 a
O FFICERS— President, Edward Merritt; Vice-President, Edward D .
year in interest upon securities held and funds invested, and is en White; Secretary and Treasurer, Thomas P. Swin.—V. 64, p. 41, 233.
titled to all the surplus profits of the two operating companies. See
(3) BROOKLYN QUEENS CO UNTY & S U B U R B A N R R .—(See
statement in C h r o n ic l e of Aug. 27, 1898.
M a p on page 18.)—A trolley road.
The income account of the company for the last fiscal year showed a
O rganization —A consolidation in January, 1894—see V. 58, p. 126.
surplus of $70,268. For the first seven months, however, of the pres
The Brooklyn Rapid Transit owns the entire capital stock, but the road
ent calendar year the income account is as follow s:
was operated separately until June 30,1898. Since that time it has
S T A T E M E N T O F B R O O K L Y N R A P ID T R A N S IT F O R S E V E N M O N T H S E N D IN G
been operated as part of the Brooklyn Heights Railroad, and its earn
JULY£31, 1898.
ings, expenses and fixed charges will be included in those of the latter
Receipts—
Deductions—
Int. on securities owned
Interest on mort, bonds..$189,504 company.
and on equity in Brook
42,630
Interest on loans...........
STOCK & B onds —
Dale.
Interest. Outstand'g. Maturity.
lyn City construction
Taxes .........
6,881 Capital stock................................................$2,000,000
None.
account..................|. .$166,499 Expense accounts..........
3,489
Underlying bonds-rB. H. RR. Co. net profits. 100,000 Surplus...................
263,428 Jam aica&B’n R’d lstM .,g......
5 g. J .-J .
240,000 Jan. 1,1930
Profit on purchase & sale
B ’klyn Queens Co. < Sub.—
6
of B, Q. 0. & S. bonds.. 239,433
1st M., $3,500,000, gold.1894) ~
T T
„
nnn , ,
,
Subject to call May 1,1916.5 5 g. J. - J.
3,500,000 May 1,1941
$505,932
$505,932
lstoon.M.,$4,500,000, g.1894 ) 5 g. M. - N. 2,834,000 May 1,1941
To the above surplus of $263,428 should be added the surplus of the
Subject to call May 1,1916. 5
Int. at First Nat. Bank, Brooklyn.
operating companies not turned over to the Brooklyn Rapid Transit
The Jamaica & Brooklyn bonds have certain property whioh
Co. during said period, namely $35,591, making a total surplus for the will provide for them at maturity. Consolidated mortgage bonds (of
period if all of it had been turned over to the Brooklyn Rapid Transit which $1,666,000 are reserved for extensions) are a first lien on all
Co. of $299,019.
extensions of the system and a second lien on the line now in operation.
O FFIC ER S— President, Clinton L. Rossiter; Chairman of Board, A. N* , Loans and bills payable Deo. 31, 1897, $170,000; profit and
oss, deficiency, $354,048; consols outstanding, $2,834,000, of which
Brady; Vice-President, Horace C. Du Val; Secretary and Treasurer.
$2,255,000 are owned by Brooklyn Rapid Transit Co.
T. S. Williams, Clinton and Montague sts., Brooklyn.
Road —I ncluding lines to East
DIRECTORS—Clinton L. Rossiter, W. C. Bryant, Horace C. Du Val, John
A n n u a l R epo r t —Fiscal y ear
D.Keiley, Timothy S. Williams, John G. Jenkins, Theodore F. Jackson, New York, Cypress Hills and Ja ends June 30.
maica, and on Ralph, Sumner, Yr.end.Jne.30, 1898.
1897.
Anthony N. Brady, Henry Seibert, Seth L. Keeney, David H. Valentine, Reid, Metropolitan Aves., etc.
Gross earns...$756,141 $730,276
Miles. Net earns...... 343,834
292,774
John Englis; C. D. Meneely. Ind ex —V. 67, p. 316, 318.
Mainline.............................. 22Î3 Other income.
24,059
9,382
L i n e s C o n t r o lle d .
Second track. .................... 22 ¿ Int.,taxes, etc.
3
364,941 357,272
( 1 ) BR O O K LY N H EIG H TS RR.—(M a p page 18.)—A cable road.
Total operated Nov., 1895. 45
Balance........ sr.$2,952 df.$55,116
ORGANIZATION—Entire stock owned by Brooklyn Rapid Transit, in Total, includ’g projected, 125 miles.
I n d e x — V. 64, p. 80, 329. 753; V. 65, p. 326, 976; V. 66, p. 335, 856;
whose interest it has a 999-year lease of tne Bk’lyn City RR.—w hich see
V. 67, p . 317, 318.
STOCK & B o n d s Date. Interest.
Outstand'g Maturity.
Stock........................................................
$200,000 ..................
1st mortgage................ 1891 5% A.—O.
250,000 Apr. 1,1941
B R O O K L Y N
C IT Y
& N E W T O W N
R R .-S e e
Sea Beach Ry. 1st M. $650,- )
Q
. . nnn„ „ . ,
000 guar. p. & i
. . . . . . . s 1896 4g. M-S
550,000 Sept. 1,1916 Coney Island & Brooklyn City RR.
ROAD.—
Miles.
City H all to W all St. Ferry...... Lj Leases Brooklyn City RR...204*00
Second track.....................j ___ 1
3
Branch to power house.......... 0*18
Total operated..............205*18
Total road owned.............1*18
A n n u a l R eport —Report for 1897-98 was given in V. 67, p. 317.
1897-8
1896-7.
1897-8.
1896-7.
Gross...... $4,726,142 $4,392,298 Int., rents.,
Net......... 1,852,338
1,774,560
tax’s,&o.$l,917,992 $1,900,365
Otherino..
249,561 • 238,298
Total..$2,101,899 $2,012,858
Bal’nce.sr.$183,907 sr.$112,493
GENERAL BALANCE SHEET JUNE 30, 1898.
A ssets.
Liabilities.
Cost of road and equip. $465,190 Capital stock.............. $200,000
Stocks and bonds of
B.R.T. Co.’s equity in B.
25,000
other companies.......
C.RR;Co.’sconst.aect. 4,030,120
Betterments................
275,369 Funded debt...............
250,000
Supplies on hand........
122,062 Lo ans and bill s payable
100,000
B. C. RR. Co. construc
Int. due and accrued....
3,477
tion account............. 4,125,356 Mortgage indebtedness
19,000
Open accounts.............
112,765 Due companies and in
Cash on hand..............
348,047
dividuals. ..................
347,922
Miscellaneous.............
6,883 Taxes accrued (not due)
179,566
Rentals accr’d (not due)
307,196
Profit and loss, (surp.)..
18,391
Total..................... $5,455,672
Total..................... $5,455,672
INDEX—V. 66, p. 335, 953; V. 67, p. 31 7, 318.
(2) BRO O K LYN C IT Y RR.—(See M a p page 17.)—A trolley road.
O r g anization —Chartered in 1853. In 1890consolidated with leased
lines. Possession under lease to Brooklyn Heights RR. Co. (now con
trolled by Brooklyn Rapid Transit Co.) was given June 6,1893.
B R O O K L Y N
E L E V A T E D
A steam road, to be made electric.
R A IL R O A D —
R eceivership .—On Mar. 25,1897, President Frederick Uhlmann was
appointed receiver. Foreclosure suits are in progress.—V. 66, p. 234.
R eo rganizatio n .—F ourth and last instalment of the assessments
(see plan) payable July 11 at Central Trust Co.—V. 66, p. 1000,1236.
Committee- Frederic P. Olcott, Chairman, James T. Woodward,
Charles Parsons, Ernst Thalmann and Leonard Lewisohn. In May,
1897, the plan was declared effective, over 95 per cent of the various
issues of bonds haying assented.
Plan.—The p l a n was given in V. 64, p. 609. A ll the mortgages of the
Brooklyn, the Union and the Seaside & Brooklyn Bridge companies are
to be foreclosed, and their properties transferred to a new company,
whioh will issue thereon the following new securities: (1) First mort.
gage for $16,000,000 gold bonds, due 1950, at 4 p. c. until 1905 and
5 p. o. thereafter; (2) preferred 5 p.c. non-cumulative stock, $5,000,000,
(3) common stock, $13,000,000.
Distribution of New Securities.—The old bonds and stock (paying
assessment) receive:
Old Securities
I rP a y in g .---------- W ill R iECEIVE-
I n A mounts as F ollows : A äSESSM Cash. New /st M. P. St'k. 0. St'k.
’T.
Brooklyn El. 1st M., $1,000 none.
$20 IT $1,000
$200
Union El. 1st M., $1,000___ none.
20
1,000
200
Seaside & B.B. 1st M., $1,000 $100
1,000
$100
20 U
Brooklyn El. 2d M„ $1,000.
200
14 H
700
500
Union El. 2d inc., $1,000...
100
600
500
Brooklyn El. stock, $100...
10
10
75
ITN ote —P ending reorganization this amount will be paid fo
ooupon maturing after April 1, 1897.
each
STREET
RAILWAYS,
00
STEEET
The cash contributions levied aggregate $1,921,500.
Fixed Charges.—Only $11,890,000 first mortgage bonds will be
needed to carry out the plan, and the present yearly fixed charges are
estimated as follows: Interest on firsts at 4 p. o., $475,600; taxes
(est.), $108,000; total, $583,600 (old fixed charges were $882,083).
S to c k AND B o nd s .—Securities after and before reorganization:
After reorganization—
Date. Interest. Outstand’g. Maturity, etc.
Common stock.......................................... $13,000,000
..........
Pref. stock, 5% non-cum...........................
5,000,000
..........
1st M., $16,000,000 g., 4% } i qq'7 5 4 to 5 )
qqo 000
1950
till 1905, thereafter 5%. 5 iay7 l semi-an. 5 li,Hyu,uuu
iyou
Before reorganization—
Stock $13,283,600, $100.........................
12,283,600
..........
1 stm ort.,gold($1,000).c*
1884 6 g .A -0
3,500,000 Oct. 1,1924
2dmort., gold ($1,000).c*
1885 5g. J-J
1,250,000 July 1,1915
Union Elevated bonds assumed—
1st mort., gold, ($1,000). 1887 6g.M-N
6,150,000 May 1,1937
2d M. income, non-cum.. 1887 5g. J-J
2,068,000 Jan. 1,1927
Guaranteed bonds—
Seaside &Brook. B. 1st M.. 1892 5g. J-J
1,365,000 July 1,1942
Coupon Payments.—Coupons of April, 1897, and subsequent dates
are in default, but for all bonds deposited under the reorganization
plan the committee, through the Central Trust Co., is paying interest
as it matures at the following rates: On the first mortgage bonds of
the Brooklyn Elevated, Union Elevated and Seaside & B ’klyn Bridge
$20 per coupon; on Brooklyn Elevated 2d mortgage, $14 per coupon
These are the cash payments provided for under the plan above.
Union Elevated mortgage trustee is Central Trust Co. Abstracts
in V. 49, p. 583. See also V. 48, p. 129; V. 49, p. 471.
ROAD—Owns from Fulton Ferry to East New York, 5-73 miles; Broad*
way and Lexington Avenue to Broadway Ferry, 2*78 miles, and Myrtle
Avenue to Adams Street and Brooklyn Bridge, 4*82 m iles; branch tc
Greenwood, 3-58 miles; Seaside & B. B. E. ER, to Cypress Hills, 1*4
miles, and to 65th Street, 1*8 miles; total, 20-11 miles; second traok,
20-11 miles; total track, 40*22 miles. Cars are run (since May 17,1896,)
from Brooklyn Bridge, via Union Station at 36th Street and 5th
Avenue, over the old Prospect Park & 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 commenced by the Receiver under a new
contract. A share of this contract is expected to be assumed by the
Kings County Elevated, when ready to use the bridge in August. See
terms of contract in V. 67, p. 27. The main lines are expected to be
equipped with electricity (third-rail system), during the fall of 1898.
—V. 66, p. 27.
In March, 1898, an agreement was made with Long Island RR. pro
viding for joint construction of connecting line at East New York and
running of through trains to Brooklyn Bridge and from Rookaway
Park to Broadway ferries. Rockaway line operated since July, 1898,
Y. 67, p. 124, 175.
EARNINGS—Earnings for the nine months ending March 31:
9 months
Gross
Net
Interest,
Balance,
to Mar. 31.
earnings.
earnings.
taxes, etc.
deficit.
$446,087
$640,500
$194,413
1897-8............. $1,258,421
1896-7.............. 1,237,871
470,549
664,964
194,415
Fixed charges of the proposed new company under the plan of re
organization (see V. 64, p. 609) are estimated at $583,600 per annum.
From July 1, 1898, when the cable road on the Brooklyn Bridge
passed under the management of the Brooklyn Elevated RR., to Aug,
12 (a period of six weeks), the number of passengers carried by the
Elevated road aggregated 4,497,603, as against 3,176,258 in the same
period of 1897, a gain of 41 per cent. See editorial in this Supplement
and item in Chronicle of Aug. 27,1898.
A nnual . REPORT—Report for year ending Deo. 31,1896, in V. 64, p.
80. Increased earnings in 1895 were due to strike on trolley roads.
Years—
Gross.
Net.
Fixed Charges. Balance.
1897...........
$1,695,457
$621,926
$571,441
sur.$ >0,485
1896.................... 1,718,688
688,699
882,084
def.193,385
1895.................... 2,082,937
924,699
859,428
sur. 65,271
1894.................... 1,730,848
689,754
831,093
def. 141,339
— (V. 66, 856, 899, 953.1000,1187, 1236; V . 67, p. 27, 124, 175.)
RAILWAYS,
19
D ividends —I n 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.
L a t e s t E a r n in g s .— J u ly 1 to March 31, nine months, combined
earnings of C. I. & B. and B. C. & Newtown w ere:
9 mos.
Gross.
Net.
Oth.ine. Int., taxes, etc. Bal.,sur.
1897-8...$682,-25
$226,216
$44,477$149,605
$121,088
1896-7... 633,610
213,960
8,914 139,532
83,342
A n n u a l R eport —Fiscal year
ends June 30.
Earnings ofConey
Island& Brooklyn RR. have been as follow s:
1897.
1896. 1
1897.
^ 1896.
Gross earnings.$337,271 $363,943 I Int., taxes, etc.$53,788
$55,569
87,017
N e t . ....* ......... 106,508 140,517 I Bal. for divs... 54,116
Other income ..
1,396
2,069 |Dividends paid 60,000
69,977
O FFICERS— President, John L. Heins; Treasurer, Duncan B. Cannon;
Superintendent, D. W. Sullivan.
Office, Smith and Ninth streets, Brooklyn.—Y. 66, p. 38, 383, 1044
Controlled by Coney Islan d & Brooklyn R R .
BRO O K LYN CITY & N E W T O W N RR.—
O r ganization —Chartered May 22, I860, as De Kalb Avenue line.
November, 1897, leased to Coney Island & Brooklyn for 999 years.—V.
65, p. 869; V. 65, p. 366, 1070. On Feb. 23, 1898, Coney Island &
Brooklyn RR. stockholders voted to take up B. C. & N. RR. stock.
STOCK & B o nd s . Date.
Interest.
Outstand’g.
Last div., <fe.
Stock ($100 shares) .......
text Q.-F.
$1,923,400 Feb. 1, ’98,2%
IstM ., $2,000,000.. 1889
5 J .- J .
2,000,000
July 1,1939
R.E. morts. M ar.,’97 ....
..........
191,605
.............
Loans and bills payable Dec-. 31,1897, were $17,000.
Interest and dividends at Mercantile Trust Co. (mortgage trustee).
ROAD—
Miles. I
Miles'
Single track, main line......... 8*80 Sidings................................ 1-40
....... 8*55
,
-------Second track
do
Weight of rails 66 ^ and 98 lbs.
|Total owned June 30,1895.. 18"75
D iv id e n d s — >1892. 1893. 1894. 1895. 1896. 1897. 1898.
Percent. > 4 , 8
11
11
10
71
# Feb., 2%
L a t e st E a r n in g s .— See Coney Island & Brooklyn RR.
A n n u a l R e po r t .—Results for the fiscal years ending June30:
1896-7. 1895-6. I
1896-7. 1895-6.
Gross.............. $519,374 $553,586 Int. on bonds.. $99,520 $98,012
N e t................ 196,106 220,873 Taxes.............. 22,396
20,742
Other income.. 15,943
8,628 Rental, etc......
9,491
10,569
Net income...$212,049 $229,501 Bal., surplus... $80.642 $100,178
|Dividends ..(8)80,000 (10)100,000
—V. 65, p. 194, 234, 366, 410, 869,1070; Y. 66, p. 38, 425.
K IN G S C O U N T Y
E L E V A T E D - A steam road.
O r g anization —Chartered Jan. 6, 1879, and road opened in April,
1888. Securities readjusted in 1895. The Fulton Elevated has been
absorbed. In February, 1896, agreement was made to lease the ele
vated extension of Brooklyn & Brighton Beach RR., about ^ mile, and
about 3 miles of trackage additional, for rapid transit purposes.
Through trains are run to Brighton Beach; see Y. 63, p. 754. Connec
tion has been made with the Long Island Electric for the running of
cars to Jamaica, Queens, Hempstead and Far Rookaway.—V. 64, p. 330
Trains began crossing the bridge in August, 1898, the Kings County
Elevated assuming a share of the contract made by the Brooklyn
Elevated. See terms of contract in Y. 67, p. 27. The third-rail
electric system is to be introduced on about one mile of the road where
grades are heavy, and eventually the entire system will use eleotrioity
—V. 67, p. 125.
R E CEIV ERSH IP—On Nov. 17,1897, James H. Frothingham, Treasurer
of the company, was made permanent receiver, succeeding Gen. James
Jourdan, who was appointed temporary receiver Aug. 31,1896.—V
65, p. 1024. In April, 1898, the receiver obtained permission to issue
$400,000 certificates to make connections with Brooklyn Bridge.—V.
66, p. 709. Permission was also granted to issue $100,000 additional
certificates to pay taxes for 1895, 1896 and 1897. A proposition for
change in existing contract and increased tolls for use of bridge was
made by city in May, 1898.—See V. 66, p. 899, 953.
R e o r g a n iz a t io n —In May, 1898, no plan of reorganization had been
B R O O K L Y N
N E W T O W N
J A M A IC A
& presented pending determination of cost to introduce electricity as
F L U S H IN G
R R . —A trolley road.
motive power.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity, etc
ORGANIZATION—This company has been organized to build eleotrio
Stock......................................................... $4,750,000
................
railways from Brooklyn to Jamaica, College Point, Flushing, WhiteR ^ I eT ^ ; e^
te8redi !898 4i2 p.c. See above.
1900
stone, eto., within a radius of twenty-five miles of Brooklyn. It is
.........................
6g. J-J
200,000 Jan. 1, 1925
stated that rights of way have been secured. N. R. Appleton of New 1st M.,gold, $1,000. Series' '1885
1885 5g. J-J
3,231,000 Jan. 1, 1925
A, $550,000 per mile_ c* \ July, 1896, coupons last paid.
_
York is President, and with him is associated Benjamin F. Frick,
formerly secretary of the Atlantic Avenue RR.—V. 63, p. 401.
F'uitrniT-natM A $1,000 ^ Int,gt due Sept-) ,96j not pdt at maturity.
nn ni 1889 <*g. M-S 2,543,000 Mar. 1,1929
if uitonEList M.,
Kings County 2d mort. col. tr. incomes—
“ A ”$1,000,000, ine. oum..
1893
6 p. o.
996,000 Apr. 1,1938
C O N E Y IS L A N D & B R O O K L Y N R R “B,” income cum...........
1893
6 p. o.
453,500 Apr. 1,1938
O r ganizatio n —Chartered Deo. 10,1860. Cars commenced running Income debent., non-cum...
1893
6p. c. 3,274,500 Apr. 1,1938
over the Brooklyn Bridge Feb. 15,1898.—See Y. 66, p. 383.
Car trusts ($4,000 due each > 1893 6 F -A
24,000
1898-1903
Feb. 1); par, $1,000.........{ Interest at Atlantic Trust Co., N. Y.
Brooklyn City & Newtown was leased in November, 1897, for 999
Mtge. on real estate.............................. .
38,500
................
years, and all or nearly all its capital stock acquired.—V. 65, p. 1070.
Old securities outstanding, balance retired under plan of 1894—
STOCK & B o n d s .— Date. Interest.
Outstand’g. Last div., <tc 2d M., $1,000 (see text)....
1888 5g. A -0
$25*,000 Apr. 1,1938
St k. $2,000,000(p .$100)..........
Q.—F.
$¿,000,000 May 1, ’98, 2 Funded coup, scrip,.......... 1890 6 Apr. 1
8,550 Apr. 1,1900
FLOATING D ebt —Sept. 30,1897: Loans and bills payable, $217,500;
Fi($ lÄ * " C” ;’ . ,°J 1-884 5
J. - J.
300,000 Jan. 1,1904
Trustee, Brook. Trust Co. Int. at Mechanics’ Bank, Brook. interest on funded debt due and accrued, $421,216; accrued taxes
Cert, ofindebt.($1,000) 1895 5
J. - J.
$400,000 Jan. 1, 1910 $112,117. ^!ash on hand, $10,762.
New M .,$2,000,000.. \ 1898 4 ................... ...................................
C ER TIFICA TES— Iu January, 1898, $100,000 receiver’s certificates
( Trustee, Mercantile Trust Co.
were sold to pay back taxes for 1895,1896 and 1897.—(V. 66, p. 82.)
Loans and bills pay- >
nAn
able Dec. 31, 1»97. i .........................
$JUU,uoo
..........
D efa ult —C o m m ittee —Interest due Sept. 1,1896, on FultonEl. lsts
STOCK.—Capital stock authorized $2,000,000, an increase of $1,000, and Jan. 1, 1897, on K. C. first mortgage 5s and 6s was not paid.
000 having been voted Feb, 23, 1898, to take up the Brooklyn City & Committee: For K. C. El. and Fulton El. firsts—August Belmont, Wm
Newtown stock.
A. Read and Walter G. Oakman. See V. 63, p. 402, 754; V. 65, p. 277.
B onds —I n May, 1898, made a new 4 per cent mortgage for $2,000,.
Bonds—The $1,000,000 series “A ” bonds were authorized for floating
000 to the Mercantile Trust Co. as trustee.—V. 66, p. 1044.
debt and future needs and $448,950 series “ B ” for old funded coupon
Road —Brooklyn to Coney Island, with branches, 13 miles; second scrip of 1890. These collateral trust bonds are secured by deposit in
traok, 12*63 miles; Brooklyn City & Newtown RR., main line and trust of the old second mortgage 5 per cent bonds ($3,115,000), and
branches, 8-8 miles; second traok and sidings, 9-95 miles; total operated have a second lien on the Fulton El. (now merged) as well as rest of
May, 1898, 45-13 miles.
the property.
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NOTE.
■ M in Operation
) ■ ■Franchises
SCALE_____________ «
1 MILE.
SYSTEM.
STREET
RAILWAYS.
Kings County 1st mortgage trustee is Mercantile Trust Co. of N. Y.
(See abstract of first mortgage in V. 49, p. 237.) Trustee of Fulton
Elevated 1st mortgage is Central Trust Co., N. Y.
21
Companies Controlled.
( 1 ) A TLA N TIC A V E N U E R A ILR O A D —(See M a p on page 2 0 ).
O r ganization —Chartered in 1872.
The entire capital stock is
R oad —K ings County owns double-track road through Fulton Street owned by the Nassau Electric RR., which since A pril 4, 1896, has
to former city line; Fulton Elevated thence to new city line.
operated the property under a 969 year lease.
Tracks were as follows on June 30,1896, 21*723 miles in a ll:
R e c a pit a liza t io n —A s to the pending recapitalization see above.
Tracks—
ist.
2d.
3 d. Sidings, etc. Total.
STOCK & BONDS—
Date.
Interest. Outstanding. LastDiv.,<£c.
Kings Countv El., miles...... 5-444
5*444
0-962
0-62712-477
Stock ($50)............................
See text. $2,000,000
See text.
2-884
0-475
3-0039-246
Fulton El., miles................2-884
5
A .-O .
759,000 Oct. 1, 1909
Gen. mort. (now 1st).............
L a t e s t E ar n in g s —July 1 to Mar. 31, 9 months:
Atlan. Ave. con. M. gold 1891
5 g. A.-O.
2,24L,000 Oct. 1,' 1931
Gross.
Net..
Oth. Inc.
Ini. <6 tax.
Balance. Improvement M., gold.. 1893
5 g. J .-J .
1,500,000 Jan. 1, 1934
1897-8.. ..$544,111
$59,465
$7,151
«162,493
def. $95,877
Real estate M., July,’97........
5
........
212,500 .....................
1896-7.... 537,258
135,465
12,182
292,825
def. 145,178
Open accounts July,’97.............................
132,629 ....................
ANNUAL R eport —Fiscal year ends June 30. Results for 1896-97,
Interest is payable by R. T. Wilson & Co., 33 W all Street, N ew York.
with balance sheet, were given in r 65, p. 567, showing as follows :
.
Road —Company owns 39 miles of track in City of Brooklyn, viz.:
1896-97.
1895-96.
1896-97. 1895-96.
Roads owned in fee—
Miles. I Second traok......................... IS 1
®
Gross.............$725.314 $767,337 Int. on bonds.. $300,700 $299,350
Main line and brons. (trolley) .20 |Sidings..................................
*3
Net................ 175,482
254,585 Rentals, etc.. 33,345
12,526
In addition owns in fee the double-traok steam road from Jamaica to
Other income. 16,870
14,400 Taxes...........
58,760
53,159
Flatbush Avenue Station in Brooklyn 9 ^ miles (19 miles of traok),
Bai., deficit. $199,763
$96,050
Net income.$192,352 $268,985
which is leased for 99 years from June 1,1877, to the Long Island RR.
OFFICERS—President, James Jourdan; Vice-President, August Bel
Co., affording that company entrance into the City of Brooklyn—rental,
mont; Secretary, Henry J. Robinson; Treasurer, James H. Frofching- formerly a percentage of receipts, was changed in 1895 to $60,000
ham; General Man. and Purchasing Agent, W. T. Goundie. Office, 540 yearly.—V. 61, p. 828.
Franklin Ave., Brooklyn, N. Y.—(V. 67, p. 74,125.)
INDEX—V. 65, p. 195,1070,1172; V. 66, p 39,183.
(2) B R O O K LYN BATH & WE3T E N D R A ILR O A D —(See M a p on
L O N G
IS L A N D
E L E C T R I C R Y . - T r o lle y ,
page 20) —A trolley road.
ORGANIZATION—Chartered March 5, 1894. Completed and in oper
ORGANIZATION—Chartered Jan. 27,1879. May 1,1893, leased for 41
ation in 1897 from Crescent Ave., Brooklyn, at the terminus of the
Kings Co. Elevated to Jamaica, Far Rockaway, etc. Power furnished years to the Atlantic Avenue RR. Co., which purchased capital stock.
from its own power house. Through connection is made to the Brook" Consolidation pending’ with Nassau Electric RR., which see above. The
securities below will be retired.
lyn Bridge over the Kings County Elevated Railroad.
STOCKS AND BONDS— Date.
Interest.
Outstand’g. Maturity.
STOCK & B onds — Date.
Interest.
Outstand’g. Maturity.
Stock........................................................... $1,000,000
..........
Stock, $600,000.........................................
$600 000
.............
1stM., A, red. Jan. 1 ,’97. 1887
5 J .-J .
250,000 Jan. 1 ,1 9 07
1st mort’ge,$600,000 5 1895
5 g. J - D
600,000 Junel,1925
1st M., B, red. Jan. 1 ,’97. 1887
5 A .-O .
250,000 Jan. 1, 1916
($1,000)..............c* ( Int. at Hamilton Trust, Brooklyn, Trustee. '
2dM.$100,000,re.J’y l , ’96 1891
5
J .-D .
52,000 June 1, 1911
Gen.
448,000 Oct. 1, 1933
EARNINGS.—Eor 9 months April 1 to Deo. 31,1897, gross, $56,507; Real M„ $1,000,000, gold. 1893 5 g. A .-O .
estate mortgages................................
23,100 .......... ,.......
net, $15,223; other income, $2,484; fixed charges, $12^199; balance
Interest payable by R. T. Wilson & Co., 33 W all 8t., New York City.
surplus, $5,508. On June 30,1897, loans and bills payable, $13,124,
R o a d — From 36th St., Brooklyn, via Bensonhurst, to Coney Island.
O fficers —President, A. R. Hart, 320 Pearl St., N. Y.; Treasurer
Miles. I
Miles
William L. Wood, of Jamaica, N. Y —V. 62, p. 548,779; V. 64, p. 330.
M ainline........................ .
6-64 Sidings,etc.......................... 3-72
Second track........................ 6-14 |
-------N A S S A U E L E C T R I C R A I L R O A D —(Nee Map on
| Total owned...................... 16-50
page 20.)—A trolley road.
Has trackage to 39th St. Ferry. —V. 62, p. 777; V. 66, p. 183.
ORGANIZATION—Chartered March 13,1893, under the laws of New
(3) KINGS COUNTY TRACTION.—Dissolved—see V. 67, p. 74, 125.
York. Opened in July, 1895, and in April, 1896, leased the Atlantic
Avenue RR., eto. Cars commenced running over the Brooklyn Bridge
U N IT E D
R A I L R O A D —Successor in January, 1898, to
Feb. 15,1898—see V. 66, p. 383.
Brooklyn Cable Co., which owned 3% miles of track on Park Avenue
The Nassau Electric Railroad and its subsidiary lines are now in (abandoned), and was sold in foreclosure Deo. 23,1897. Capital stock
process of recapitalization, under which provision is made for the re is $300,000 ($100 shares).—V. 65, p. 1172; V. 66, p. 80.
tirement of all of the outstanding securities of the various companies
controlled by it, viz.: The Nassau Electric Railroad Co., the Atlantic
V A N
B R U N T
S T R E E T
&
E R IE
B A S IN
Avenue Railroad Co., the Brooklyn Bath & West End Railroad Co., the R R . —A trolley road.
Kings County Traction Co.—see V. 66, p. 39,183. The assets of the
O rg anizatio n , Et c .—Chartered Feb. 15, 1861. stock, $200,000,
Kings County TraotionCo. were purchased at public sale in July, 1898> all issued; par, $10. Bonds, $25,000 1st 6s, A. & O., all issued, dated
by the syndicate conducting the consolidaion.—V. 67, p. 74, 125.
1882, due April 1,1902. Road, 2 »2 miles, changed to electricity in
*
The stock and bonds of the entire system as readjusted in 1898 are 1898. Year ending June 30,1897, gross, $31,390; net, $3,878; charges,
expected to be approximately as below, but the Atlantic Avenue $2,774; dividends, $998; balance, $106. President, Michael Murphy;
bonds here included may be more or less reduced by voluntary ex. Sec. andTreas., Wyllys Terry. Office, 264 Van BruntSt., Brooklyn, N. Y.
change for Nassau Electric securities.
S tock & B onds —
Date, interest. Outstand’g. Maturity.
$5,750,000
Common stock, $8,500,000
.. u.
___
5.750.000
Preferred stock,$6,500,000
___
B U F F A L O , N. Y .
5 A.-O
759,000 Oct. 1,1909
At. Ave. RR. 1st mort..................
do.
con. M., gold. 1891 5g. A.-O, 2.241.000 Oct. 1,1931
P opulation 1890 was 255,664; in 1880 was 155,134;
Nassau El. new 1st M.,
and in 1870 was 117,714.
1948
$15,000,000.........
1898 4 g. J.-J. 10,500,000
The new mortgage secures $15,000,000 of gold 4s, of which $1,500,B U F F A L O
B E L L E V U E
&
L A N C A S T E R
000 reserved for future requirements, $2,500,000 issued in 1898 to pay R A I L W A Y - A trolley road. In April, 1897, company was said
floating debt, etc., and the balance, $11,000,000, issuable only to retire to be controlled by Buffalo Ry., and first mtg. 5s to be guaranteed.
a like amount of existing loans. In August, 1898, it was understood^
S T O C K & BONDS—
Date. Interest. Outstand’g. Lastdiv., etc.
$90,000
............
all the old loans of the system had been paid, or were on the point of Stock, $90,000; par, $100.......... ...................
1897
5 J -D
215,000 June 1,1927
being retired, excepting the $3,000,000 Atlantic Avenue bonds shown 1st mortgage_________ . . . . .
in the table above. For the ultimate redemption of these last Nassau
Electric 4s for a like amount are held in escrow—see V. 67, p. 74,125.
Ear n ing s , E t c .— The fixed charges, other than taxes, will be about
$570,000 yearly, as against $737,000 in year 1897-98. For year end
ing June 30,1898, earnings, etc., were as below:
Gross earnings.... .......$2,054,080 IInterest on bonds.......... $260,584
Operating expenses____ 1,259,838 |Taxes............................. 72,000
---------------- Rentals.................... .
477,444
Net earnings........... $794,242 i
Total charges...........$810,028
Other income...............
63,610 1
Balance, surplus........... $47,824
To tal n e t ............. $857,852
GENERAL BALANCE SHEET JUNE 30, 1898.
Liabilities.
Road and equipment...$9,301,229 Capital stock...............$6,000,000
Supplies......................
26,759 Funded debt................ 4,849,000
Open accounts.............
66,077 Loans and bills payable 1,804,655
60,612
Cash............................
87,971 Interest accrued..........
122,040
Prepaid insurance.......
25,558 Wages, supplies, etc....
9,589
Betterm’ts leasedlines. 1,782,674 Open accounts.............
269,698
Int. in projected lines.. 2,000,000 Taxes and rentals accr.
Profit and loss, surplus.
174,674
Total assets........$13,290,268
Total liabilities___ $13,290,268
R o a d — Owns road from Broadway Ferry to Canarsie landing, 39th
Street Ferry, Sheepshead Bay, Manhattan Beach and Fort Hamilton,
about 68 miles of track; leases Atlantic Avenue lines, reaching City
Hall, Fulton, Wall and South ferries, Bensonhurst, Bath and Coney
Island ; total leased, 64 miles; total operated, 132 miles.
OFFICERS.—President, Albert L. Johnson; Secretary, W. F. Ham;
Treasurer, Tom. L. Johnson. Financial Agents. R. T. Wilson & Co.,
33 W all St., New York City. Office. 268 Twenty-third St., Brooklyn.—
V. 67, p. 29, 74,125,178, 274, 318.
R o a d — Owns and operates 15 miles of track on 13 miles of street.
Trs.end. June 30. Gross.
Net.
Oth.inc. Int. < taxes.
£
Balance.
1896-7 ....... $37,576
$3.714 $2,173
$12.025
def. $6,138
1895-6........... 41,188
5,633 2,401
10,314
def. 2,280
O f f ic e r s — President, H. W. B o x ; Vloe President, H. H. Littell.
B U F F A L O N O R T H M A IN S T R E E T & T O N A W A N D A R A IL W A Y ORGANIZATION— Incorporated in 1895. Stock, $75,000; par, $100; Is
mort. authorized ($1,000 each), $75,000; issued, $40,000; 6 p. 0. bonds
dated 1895, due Sept. 3,1925, interest M&S, at Old Colony Trust Co.,
Boston. Year ending June 30,1897, gross, $5,409; deficit under oper
ation, $3,605. In 1895-6, $7,685; deficit under oper., $3,357. Operates
5% miles of road, extending from North Main Street, Buffalo, to Tonawanda, 45 lb. rails. President, J. O. C arr; Secretary, H. M. Francis;
Treasurer, Thomas H. Fearey. Office, Buffalo, N. Y.—V. 61, p. 558.
B U F F A L O R A I L W A Y —A trolley road.
O r g a n i z a t i o n .— Chartered Nov. 22, 1890. A consolidation of the
Buffalo Street RR., Buffalo East Side St. Ry. and West Side St. Ry. Com
panies. Franchise runs 955 years. It also owns the entire capital stock
of the Crosstown Street Ry. In Jan., 1897, control of Buffalo Belle
vue & Lancaster Ry. was obtained, but report is not included in oper
ations of Buffalo Rjr. In June, 1898, it was understood that the stock
of the Buffalo Traction Co. had been purchased for or in the interest of
the Buf.Ry.—V. 66, p. 1139. Since Aug., 1898, transfers passengers
over Buffalo Traction lines.—V. 67, p. 318. Buffalo police census of
1895 gave population of city as 335,709.
Power is furnished by the Niagara Falls Power Co. at Niagara Falls
22 miles from Buffalo—see V. 63, p. 230, 923.
STREET
22
STOCK & B onds — Date. Miles. Interest. Outstand’g. Last div..<£c.
Buffalo Ry.St’k ($100) .............. 4 Q .-M . $5,370,500 Mar. 15 *98,1%
a* x>„ I™ ' > 1869 .... 7 M .-N .
95.500 May 1,1899
Bunaio st. Ky. lstM . ^ j n^ j8 payable at Nat. Bank of Commerce, N. Y.
„ . , , S 1875 .... 6&7J.-J.
650,000 July 1,1905
ao
do
¿a. M. ^ j nt_ j8 payable at Nat. Bank of Commerce. N. Y.
it r , , j „ i 5 1874 ___
,
7 J .- D .
300,000 Junel, 1904
Buffalo E. Side 1st M. ^ j n^ ja payable at Company’s office, Buffalo.
.
.
„ < 1882 .... 6 M .-S .
293,500 Sept.1,1912
ao
ao
¿u. iu . ^
js payable at Company’s office, Buffalo.
1st Con. M. ($1,000) J 1891
67 5 g. F.-A.
3,661,000 Feb. 1,1931
$5,000,000 gld.C'&r ) Int. is payable by Cuyler, Morgan & Co., N.Y.City.
Beal estate rntges. (5). ............. 6 J .-D .
150,000 June20,1904
Buff. By. debentures, 1
$1,000,000, g., red. (1897
5g. A. - O.
1,000,000 Apr. 1,1917
at 105 after Apr. 1, f Trustee, Metropolitan Trust, N. Y.
1902 ($500,$1,000) J
Guaranteed bonds—Crosstown Railway.
1st M. gold ($3,000,-5 1892
73 fig.M.-N.
2,830,000<-May 1,1932
000), guar, p.&i.c* ( Int. is payable at Metropolitan Trust, N. Y. City.
Stock—Stock of Buffalo Ry., $6,000,000,of which $629,500 in treasury.
DIVIDENDS—Iff 1895, Sept., 1 p. c.; Dec., 1 p. c.; in 1896, 4 p. c.; in
1897, 4 p. c.; in 1898, March, 1 p. c.
Bonds.—1st. consol, mortgage of l&qi is for $5,000,000, of which in
Jan., 1898, $1,339,000 reserved for prior liens. Mortgage trustee»
Mercantile Trust Co., New York. The debentures of 1897 are secured
by deposit of $2,000,000 stock of Crosstown Street Ry.—V. 63, p. 1114_
The Orosstown Street Railway bonds unsold can be issued at $30,000
per mile for new construction certified by President and Secretary.
Road -—Company on Jan. 1,1898, was operating road as follows:
Road owned in fee.
Miles. I Controlled by stock.
Miles
Mainline and brs. (trolley). 40-60 |Crosstown St. Ry. of Buffalo 93’50
Main line and br. sec. track. 25-85
Total all tracks Jan. l , ’98.160-67
Sidings............ ..................
*72
Weight rails......62, 67 and 94 lbs. i
ANNUAL R e p o r t — Fiscal year ends June 30. The reports for the
entire system, including the Crosstown Street Railway have shown:
1898.
1897.
Yr.toJ'ne 30. 1898.
1897.
Balan., surplus,
Av.miles op.
___
150
for year....... $293,642 $268,057
Gross earn.$1,875,462 $1,819,578
Net............
870,524
837,992 Total surplus,
Int.&taxes.
576,882
569,935
July 1........................ 811,371
RAILWAYS,
STOCK & B o nd s —
Date. Interest. Outstanding.
Maturity.
Stock, $3,000,000................................
(1)
.............
1st mortg’e, $5,000,000. 1897 5e.J-J
(1)
Jan. 1,1937
Trustee, Central Trust Co., New York.
ROAD— In Dec., 1897, operated l S 1 miles of track and 21 motor cars.
^
DIRECTORS— E. G. S. Miller, Joseph B. Mayer, Leonard B. Crocker,
Washington Bullard and Herbert P. Bissell, of Buffalo ; Tom L. John
son, of Cleveland, Ohio; Richard Ladenburg, John K. Page and Louis
Kahn, of New York. President, Edwin G. S. Miller; Secretary and
Treasurer, Joseph B. Mayer.—V. 66, p. 1139; V. 67, p. 318.
B U F F A L O & W IL L IA M S V IL L E E L E C T R IC
R a i l w a y O r g a n iz a t io n —Chartered August 10, 1891. In February, 1897,
stock, $75,000 ; no bonds. Operates 4*2 miles of track, Buffalo to
Williamsville, 56-lb. rails. For year ending June 30, 1898. gross,
$12,161; net, $4,459; taxes, $586. In 1896-7, gross, $12,633; net,$4,941.
O FFIC ERS— President, General Manager and Superintendent, J.
Blocher; Vice-President, E. C. Longneoker; Secretary, A. C. Rinewalt.
L. E. Grove, Supt. and Treas.
B U R L IN G T O N , IO W A .
P opulation 1890
was 22,565; in 1880 was 19,450;
and in 1870 was 14,930.
B U R L IN G T O N
R A IL W A Y
& L IG H T
C O —
A trolley road.
ORGANIZATION—A consolidation of Burlington Electric Ry., Burl
ington Gas & Fuel Co. and Burl. Elec. Light Co. in 1897.—V. 64, p. 329.
S tock & B onds —
Date. Interest. Outstand’g. Maturity.
Stock, $1.250,000..........................................
(?)
.................
1st M., $750,000 ($500, &0.),( 1897 5 A -O $625,000 Oct. 1, 1917
red. aft. 5 y’rs at 105,eur.c* ( Int. at American L.&T.,Boston,trustee.
Bonds—Mortgage covers railway, electric-light and gas plant. Bonds
for $125,000 are reserved for extensions to gas plant.
Road —Total track
miles; 40 and 66 lb. T rail.
OFFICERS—President, F. G. Jones; Secretary, Edwin G. Mc lnnes.
INDEX-V. 6g, p. 232 ; V. 64,p. 41, 468, 753.
BALANCE SHEETS JUNE 30, 1898.
Buffalo Crosstown
R ailw ay. R ailw ay.
C a p ita l s t o c k ....... $5,3 0,500 $2,860,000
C o s t o f ro a d aDd
6,150,000 2,830,000
e q u ip m e n t........f 11,996,5?8 $5,667,830
F u n d e d d e b t.
20,606
102,740
In t. d u
S e c u ritie s o w n e d .
1,743,079
..................e & a c c ru ’d
5.16t>
774,764
C ash o n h an d . ...
20,870
32,673 B ills p a y a b le
266,451
24,896
O p e n acctp., e t c . .
58,202
170,063 O p e n a c cts., e t c . »
123.75S)
♦ 89,591
S u p p lies o n h a n d .
35,363
4,023 P r o f it a n d lo s s ....
Buffalo
Crosstown
R ailw ay. R ailw ay.
T o t a l ...............$13,354,047 $5,‘ 64,489
T o t a l ............ ..$13,-54,047 $5,864,489
OFFICERS—President, Henry M. Watson; Vice-President and Gen.
Manager, H. H. Littell; Secretary and Treasurer, Joseph S. Baecher.
INDEX—v . 65, p. 276; V . 66,p. 1139; V.67,p. 318, 368.
B U F F A L O
H A M B U R G
& A U R O R A
R Y To be a trolley road,
O r g a n iz a t io n — incorporated in 1898. Stock, $400,000; 1st mort
gage authorized, $400,000; Buffalo Loan Trust & Safe Deposit Co.,
trustee. Contract reported let in April, 1898, for construction of 19*3
miles main line, brick power-house, car-house and turn-outs; total
track, 21 miles.
O FFICERS— President, Walter Phelps; Vice President, A. J. Benzing
Sec. and General Manager, U. L. Upson, 1095 Ellicott Square, Buffalo^
B U R L IN G T O N , V T .
P opulation 1894 (local
est.) 17,000; in 1890 was 14,590;
and in 1880 was 11.365.
B U R L I N G T O N T R A C T I O N C O . - A trolley road.
STOCK & BONDS— * Miles. Date. Int’rest. Outstand’g. Maturity.
„„„
stock $20u,uuu, par $ luu............................... $182,500 ...................
W in. &B. Horse RR. 1st) 9ifl 1894 6 g. J-J
125,000 Jan., 1924
M., $150,000, gold, >
Njpt subject to call before maturity.
$500 & $1,000........ o )
Interest is payable at offio of trustee, Burlington Trust Co.
ROAD—Owns 9 ^ miles of track in city of Burlington. Rails 50-lb
T. Owns 8 box cars, 10 open cars, 3 snow plows.
EARNINGS for year ending June 30,1838: gross, $48,989; net,$16,180;
interest, $7,500; balance over interest, $8,680.
OFFICERS—President, Elias Lyman; Vice-President, Jos. A. Powers,
Treasurer, W. F. Hendee; Secretary, B. H Eagan.
B U TTE, M ONT.
P opulation 1890
was 10,723; in 1880 was 3,363;
and in 1870 was 241.
B U T T E
C O N S O L ID A T E D
R A I L W A Y -T ro lle y
and steam.
B U F F A L O & N IA G A R A F A L L S E L E C T R IC
F oreclosure —Receiver is J. R. Wharton. Mortgage being fore*
R A I L W A Y . - a trolley road.
ORGANIZATION—A consolidation in May, 1895 .of the Buff. & Niagara closed in Nov., 1897. Cable line has been abandoned. Interest in
Falls and the Buffalo & Tonawanda Electric, which were chartered in default.—V. 64, p. 663. In August, 1898, the earnings were satisfactory,
1894 and 1893 respectively to construct and operate a trolley and it was hoped soon to get the company out of the receiver’s hands.
STOCK & B onds —
Date.
Interest. Outstanding. Maturity.
road between Buffalo and Niagara Falls via Tonawanda. Road opened
... ...
$500,000
....... .
Sept. 20,1895. Power is furnished by Niagara Falls Power Company. Stock.........................................
5 1891
6 g. J - J
500,000 July 1,1911
Company has traffic agreements with the Buffalo Railway and Niagara mortgage, goia.............. 5Trustee, Mass. Loan & Trust, Boston.
Falls & Suspension Bridge Railway companies.
The owners of the stock also hold the entire issue of bonds.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
Road —l b ^ miles of track. Extension to Centreville, double traok
Stock $1,250,000........................................... $1,250,000 Sepl5’98,l%
1st M., $750,000, gold....... c 1895 5 g. J-J
750,000 July 1,1935 2 miles, had been completed in August, 1898.—V. 64, p. 663.
2dM.,$250,000,g.,s.f.,red.)
1896 5 g. J-J
150„000 July 1, 1921
aft. 1901 at 105, $l,000.c j Int. at Mercantile Tr., N. Y., trustee.
Bills payable July 1,1897, $21,596. Interest is payable at Mercan
P opulation 1890 was 10,324; in 1880 was 9,011;
tile Trust, N. Y. City. Profit and loss surplus July 1,1897, $5,282.
and in 1870 was 6.267.
Sinking fund on 2d mortgage bonds is at least $10,500 a year, and
C A IR O E L E C T R IC R A IL W A Y —
begins Oct. 1,1901, bonds to be purchased at not exceeding 105 p. o.
O rganization —Chartered in 1890. Operates 4-3 miles of track.
Quarterly dividend of 1 per cent payable Sept. 15,1898.
STOCK & Bonds —
Date. Interest. Outst’d’g
Maturity.
Road —B uffalo to Niagara Falls, 15 miles; 30 miles of track.
Stock, $75,000; par, $100.......................... $52,400f.p....................
EARNINGS— Operation was commenced September 20, 1895, and to 1st morteaffe eurrenov
51891 6 J_]D 52»400
June 1,1911
June 30,1896, 91 months, gross earnings were $73,536; net, $23,575 1st mortgage, currency.......5Trustee is St. Louis Tr. Co., St. Louis, Mo.
3
OFFICERS—President and Treasurer, E. W. Halliday.
interest and taxes, $29,419; balance, deficit, $5,844. For year ending
June 30,1897, earnings w ere as follow s:
E G Y P T E L E C T R I C C O M P A N Y - A trolley road.
Gross...............................$135,343 Interest on bonds.............. $41,837
N e t................................. 58,933 Taxes................................ 7,382
O rganization —Successor to Delta Electric Co., sold under fore
Other income...... ..........
1,413
----closure sale Feb. 13, 1896, to the bondholders. Four miles of track.
---- ----- I Balance for year............... $11,127
Stock, $40,000; bonds, none.—V. 62, p. 364.
$60,346 j
C A IR O , ILL.
OFFICERS—President, W. Caryl E ly ; Secretary, Treasurer and Gen.
Man’r., Burt Van Horn, Niagara Falls.—V. 63, p. 558.
C A L A IS ,
ME.
P opulation 1890
B U F F A L O
T R A C T IO N ORGANIZATION— Incorporated in Nov., 1895, to construct 66 miles of
street railway in Buffalo and its suburbs. In March, 1896, an agree
ment for joint use of tracks on certain streets in center of city to pre
vent unnecessary paralleling of roads was made with the Buffalo Ry.
and in June, 1898, it was understood that the stock had been pur
chased for or in the interest of the Buffalo Ry.—V. 66, p. 1139. Since
Aug., 1898, transfer passengers over Buffalo Ry. lines.—V. 67, p. 318
The $5,000,000 bonds of 1897 are to be issued at not exceeding $50,
000 per1
mile.
was 7,290 ; in 1880 was 6,173 ;
and in 1870 was 5.944.
C A L A I S S T R E E T R A I L W A Y —A trolley road.
O rganizatio n —stock, $100,000; first mortgage, 1894, 6s, Ï& D ,
$100,000 due June 1,T4. Loans and bills payable June 30, ’97, $2,200.
Year ending June 30, 1897, gross, $23,982; net, $5,014; interest,
taxes, etc., $8,000; bal., deficit for year, $2,986. In 1895-96 gross,
$25,707; net, $8,202; interest, taxes, etc., $6,469; balance, surplus,
for year, $1,733.
R oad —Calais Street Railway, lower wharf to upper bridge, Calais,
4 miles; St. Stephen Electric St. Ry. Milltown, N. B., to St. Stephen, N.
STREET
B., 3 miles; total, 7 miles. Tiie St. Stephen Electric St. Ry. is a separ
ate corporation, but is owned entirely by the Calais company.
OFFICERS—Pres., George A. Curran; Treas., C. W. Young, Calais, Me.
C A M D E N , N. J.
POPULATION 1890 was 58,313; in 1880
AND IN 1870 was 20.045.
23
RAILWAYS.
was 41,659;
C A M D E N
G L O U C E S T E R
&
W O O D B U R Y
R A IL W A Y .
S tock & B onds —
Date. Interest. Outstand’g. Maturity.
Stock paid in................................................ $600,000 ..........
1st mort. ($500 each).........
1894 6 M M
400,000
1904
Int. at Security Tr. & S. D. Co. (trustee), Camden.
Other debts Jan., 1898...................................
161,292 ..................
R o a d - Jan. 1 ,1 8 9 8 , owned 22-40 miles of track. Total cost of road
and equipment to Jan. 1 ,1898 , $1,266,761.
EARNING S— In year ending Dec. 31,1897, gross, $123,423; expend!
tures for repairs, $12,259; for superintendence and management(
$64,947; balance for year, $46,217; interest on bonds, $24,000.
O f f ic e r s — President, J. Willard Morgan ; Secretary, T. P. Curley
Treasurer, W, J. Thompson.—Y. 62, p. 232.
C A M D E N
& S U B U R B A N
R Y . —A trolley road.
O r g a n iz a t io n — Formed in 1896 to control the Camden Horse RR.
(which is leased) and the West Jersey Traction Co. Capital stock
issued to Jan. 1, 1898, $905,500; par, $25; paid in, $90,550; funded
debt,-$273,000; other debt, $53,950.
E a r n in g s — For year 1897, gross income from passengers, $249,436;
from other sources, $20,089; total income, $269,525; operating expenses and repairs, $244,448; net, $25,077.
R o a d — Track, 6 miles; Camden Horse RR. leased, 32 m.; West Jersey
Traction Co., 5 miles; total, 44 miles. Extension Collingswood to
Haddonfield in operation in March, 1898.
President, Wm. S. Scull; Vice-President, B. C. Reeve; Secretary, M.
W. Hall; Treasurer, H. Lippincott.—V. 62, p. 682.
O r g a n i z a t i o n —A consolidation in 1892. The road is operated only
from May 15 to Sept. 15 of each year. Leased in 1896 to Cape May
Transportation Co., John W. Thompson, President, at annual rental of
$7,500.
STOCK & Bonds —
Date. Interest. Outstanding.
Maturity.
Stock paid in (par $50)...............................
$150,000
..........
1st mort. ($150,0001...cur. 1893 (text) F -A
150,000 Feb. 1,1923
Interest was reduced to 5 per cent for 5 years from Feb. 1, 1896.
In 1894 and 1895 but one interest payment was made by mutual con
sent of bondholders. Trustee is N. J. Trust & S. D. Co., Camden, N. J.
Road —Operates 6M miles in city of Cape May and extending to Cape
May Point and Sewell’s Point; total track, 9% miles.
EARNINGS— For year ending Dec. 31,1897,gross, $16,998; net, $1,919 •
In 1896, gross, $19,161.
OFFICERS—President, G. G. Browning; Secretary, John J. Burleigh;
Treasurer, BeiJ. C. Reeve. Office, Camden, N. J.
CA R B O N D ALE , PA.
P opulation 1890
was 10,833; in 1880 was 7,714:
and in 1870 was 6,393.
C A R B O N D A L E
T R A C T IO N
C O . - A trolley road.
ORGANIZATION—A consolidation on March 5,1896, of the Carbon-
dale & Forest City Passenger Ry. and Carbondale Traction Co. Esti
mated population 1898, $16,500.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
.......
$450,000
.............
Stock auth., $450,000)...................
1st M. ($500 & $1,000) c* & r. (1892 6 g J-J
11150,000 July 1, 1922
($150,000), gold................. ( Int. at Cen. Trust Co., trustee, N.Y. City.
Carb. & Forest City Pass. 1st) -1004 c ~ t_ t
roo 000
M. $300,000 gold c*........... $
bgJ J
.............
Consol. M , $450,000, gold...... 1896 5 g. July, ’98, none. June 1, ’26
Loans payable June 30,1898.......................
11,933
.............
IT
Sinking fund $2,500 per annum after 1895; bonds to be purchased
(not called) at or under 105.
Consols of 1896 for $150,000 are reserved to retire the firsts and
$300,000 for the Carb. & Forest City 6s.
( 1 ) CAM DEN HORSE RR .—A trolley and horse road.
Road —System includes 15 miles of i;oad, beginning at Forest City,
O R G A N IZ A T IO N —Incorporated March 23,1866. In April, 1896, con
trol was acquired by the Camden & Suburban Ry., which leased the Pa., and running through Vaudling, Richmondale, Simpson, Carbon
road from April 1,1896. Rental, etc., received in 1897, $40,600, from dale, Mayfield, Jermyn, Archbald and Peckville.
EARNINGS—Year ending June 30, 1898, gross, $61,185; other ex.
which paid 16 p. c. on stock.
Outstand’g. Last div., etc. penses, $14,774; net, $16,793; surplus, $2,019.
Date. Interest.
S tock & B onds —
OFFICERS—President, E. E. Hendrick; Secretary and Treasurer, R. A .
$250,000
See text.
See text.
Stock ($25) paid in.......
250,000
1909
5
1st mortgage................
Jadwin; Gen. Manager, C. E. Flynn. Main office, Carbondale, Pa.
1st cons. M. ($500,000)
250,000 May 1,1912
5 M -N
• 1892
($500) .......---- _ Other debts Jan. 1 ,’98............
.......
176,000
.............
Interest payable at New Jersey Trust Company, Camden, N. J.
P opulation in 1890 was 18,0:0 ; in 1880 was 10,104 ;
Dividends—1892, ’93, ’9 4 and ’95, 8 p.o. per an.; '9 6 , 1 4 p.c.; ’97,16%.
and in 1870 was 5.940.
R o a d .— Jan. 1 ,1 8 9 8 , operated 32 miles of track. Cost of road and
C E D A R R A P ID S , I O W A .
equipment to that date, $1,098,946.
O FFICERS— President, Wm. S. Scull; Vice-President, B. C. Reeve; Sec
retary, Samuel T. Corliss; Treasurer, G. G. Browning.—V. 62, p, 682.
( 2 ) WEST JERSEY TRACTION CO.—
Owned by the Camden & Suburban Ry. Stock, $65,000. Miles of
track, 5. Franchise granted by city in 1894.—V. 62, p. 682.
C A N A N D A I G U A , N. Y .
P opulation 1890
w as 5,868 ; in 1880 was 5,727 ;
and in 1870 was 4.862.
C A N A N D A IG U A E L E C T R IC -L IG H T & R R ORQANIZATION— Chartered in 1888. Owus and operates an electriclight plant, 4 miles of street road, and a majority of the stock of the
Canandaigua Gas Light Co., all of which properties are covered by its
bonds.
STOCK & B onds —
Date. Interest. Oustand’g.
Maturity.
Stock.........................................................
$150,000
....
C1897 6g. J-J
160,000
1927
1st mort., gold ($500 each).. < Trustee, Rochester Tr. & S. D. Co., Roch.,
t 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 June3’0, 1897, gross in
come, $4,793; net, $2,395.
CANTON,
O.
P opulation 1890
was 26,189; in 1880 was 12,258;
and in 1870 was 8,660.
C A N T O N -M A S S IL L O N
E L E C T R IC
R A IL
W A Y . —A trolley road.
ORGANIZATION— Chartered in 1892, and absorbed the Canton Street
Railway and the Lake Side Street Railroad companies.
STOCK & B o n d s — Miles. Date. Interest. Outstand’g. Maturity.
St’k, $525.000 ($100) ...............................
$525,000 ..................
Canton Street Ry. 1st (
5 ....... 6 M - N
225,000 ...... ............
currency................( Interest at National Bank of Commerce, Boston.
Canton-Massillon 1st $ l S ^ 1893 6 g. M -N $118,000 Nov. 1,1912
M., $300,000, g...o ( Interest at Cent. Trust Co. (trustee), N. Y. City.
B on DS—The Canton-Massillon mortgage is a first lien on the Interurban and the Massilon divisions. Neither issue is subject to call.
R o a d — Company on Jan. 28,1895, owned street railway in the cities
of Canton and Massillon and an Inter-urban line between, connecting
them. Mileage 18^ miles single track. Rails 40 to 60 lb., being
girder in the cities and T iails on the Inter-urban division.
OFFICERS—President and Treasurer, Wm. A. Lynch, Canton, O.
C A P E M A Y , N. J.
P opulation 1890
was 2,136; in 1880 was 1,699
and in 1870 was 1,248.
C A P E M A Y D E L A W A R E B A Y & S E W E L L ’S
P O I N T E L E C T R I C R A I L W A Y - A trolley road.
C E D A R
R A P ID S & M A R IO N
C IT Y
R A IL
W A Y —A trolley road.
STOCK & B onds —
Miles. Date. Interest. Outstand’g. Maturity.
Stock............................................................. $316,000
.............
u t M ^ n n n o w n n n e l 13'84 1891 5 J " J 250,000 July 1,1931
lsiM.. ipZDOjUOOipXjUUOC.}
a| American Loan & Tr., Trustee, Boston
;
Road —Owns road in operation 12-04 miles in length, extending from
Cedar Rapids, Iowa, to M arion; second track, 1-46; sidings, ’34; total
of all, 13-84 miles. Rails 45 and 58-lb. T and girder.
O fficers —P resident, P. E. H all; Vice-President, W. D. Douglass;
Secretary and Treasurer, JohnS. Ely; Superintendent and Purchasing
Agent, F. L. Diserens.
C H A M P A I G N , IL L .
P
o p u l a t io n
1890
AND
6,619; i n 1880
1870 w a s 4,625.
w as
in
w as
5,103;
U R B A N A & C H A M P A IG N R A IL W A Y G A S
E L E C T R IC C O ORGANIZATION—A consolidation in 1897 of Urbana & Champaign
Electric 8t., Cham. Elec. L. & P., Cham. & U. Gas L. & Coke and W est
End Park Co. Population of Champaign in 1896 was said to be 10,000;
of Urbana, 7,000.
STOCK & B onds —
Dale. Interest. Outstand’g. Maturity.
Stock $250,000.............................................. $250,000
.............
C. & U. Ry. G. & E. M., $250,-) 1897 5g. J-D
(?)
June 1,1917
000, g., s. f., $8,000 yr. June >Int. at 1 1 Tr. & Sav’gs Bank, Chicago,
1.
1.1900 and after ($1,000).c* ) trus., or at Chase N at.B k .,N . Y. City.
R o a d — Operates 11 miles of track.
OFFICERS-—President, Treasurer and General Manager, B. F. Harris,
Jr.; Secretary. N. M. Harris.
&
C H A R L E S T O N , S. C.
P opulation 1890
was 54,955; in 1880 was 49,984;
and in 1870 was 48,956.
C H A R L E S T O N
C IT Y
R Y . - A trolley road.
O r g a n iz a t io n — Incorporated Jan. 28,1861. Charter was renewed
in December, 1893, for 30 years. Motive power changed to electricity
in July, 1897, and all the other street railways of city acquired.
STOCK & B onds —
Date. Interest. Outstand’g. Last div., etc.
Stock, $850,000 (par $ 5 0 )...........
J-J
$850,000
Jan. 4, ’97, 3%
1st M.($1000)8850,OOO.g’d.c.1898 5 g.J-J
740,000
Jan. 1, 1923
Tax free. Int. at Merci. Tr. &Dep. Co, Balt., trustee.
Bonds for $110,000 reserved for extensions and improvements.
Earnings —Road completed June 30, 1897. For year ending June
30,1898, gross, $168,506; net, $61,505; int., taxes, &c., $52,050; bal.,
surplus for year, $9,455. July 1 to July 31, 1898 (1 month), gross,
$17,518; net, $8,685.
R o a d — July 1,1898, system embraced 30 miles of electric road.
O fficers —President, John G. McCullough; .Secretary and Treasur
er, F. D. MoEowen.—V. 64, p. 706; V. 65, p. 869,1172.
24
STREET
RAILW AYS
C H A R L E S T O N & S E A S H O R E R A IL R O A D A trolley road.
A ll interest payable at Delaware County Trust Co., Chester, Pa. In
terest upon all subsidiary securities guaranteed by Traction Co.
ORGANIZATION,.—Owns 10 miles of road. Completed in August,
STOCK.& B onds —
Date. Interest. Outstanding. LastDiv.de
1898, from Mt. Pleasant (connecting by ferry with Charleston), to Stook ($500,000)
$500,000 July, ’95,4%
1st M., gold, (*250,000)....... o*1894 5 g M -N
250.000 May, 1,1914
Sullivan’s Island and Long Island, a summer resort on the Atlantic
Bills payable June 30,1897..........................
39,000
coast. Bonds, $400,000, gold coupon 5s. are to be issued. President
Securities of subsidiary lines.
J. S. Lawrence; Treasurer, Geo. B. Edwards, both of Charleston, S. C. Un. Ry. Co. stk.($100,000) ($ 5 0 )....................
100.000
1st M., g., ($500 & $1,000) .0.1893 5 g J - J
200,000 Jan. 1,1913
Chester St. Ry. stock ($50)............ 10 J -J
150.000
Jan., 1898
Chester & Media Elec. Ry. stock ___ 6 J -J
100.000
Jan., 1898
_ IstM . ($100,000) gold....... 1893 5 g J-J
100,000 July 1,1913
Chester Darby & Phila. stook......... 6 J -J
100,000
Jan., 1898
P opulation 1890 was 11,557; in 1880 was 7,094;
IstM . ($125,000) gold....... 1893 5 g J -J
125,000 July 1,1913
A N D I N 1870 W A S 4,473.
Road —Company in July, 1897, operated 28-7 miles of traok
Miles.
Miles.
C H A R L O T T E
E L E C T R IC
R Y ., L I G H T
&
Union Ry. Co.......................
8’4 Chester Darby & Phila. Co...
7*4
P O W E R
C O . —A trolley road.
Chester St. Ry. Co................
7*5
ORGANIZATION—Successor to the Charlotte Street Railway, whose Chester & Media Eleo Co___
5*4
Total..................... .......... 28-7
charter was amended in March, 1895, and name changed as above,
OFFICERS.—Pres., C. M. Clark; Vioe-Pres., E. J. Moore; Sec’y and
The road is operated by the Charlotte Consolidated Construction Co., Treas., C. Ford Stevens; Bullitt Building, Philadelphia.
which owns all the bonds. Population in 1896 is reported to be 20,700.
Y early E arnings —
Year ending June 30, 1897, gross, $210,916;
In February, 1898, secured right of way for extensions and permis net, $103,731; mt., rentals & taxes, $68,034; dividends, $20,000
sion to lay gas mains.—See V. 66, p. 384.
„STOCK & B onds — ,
Miles. Date. Interest. Outsland'a. Maturity,
Stook, $60,000, par $50................................. $60,000 f. p............. .
Char. St. Ry. 1st M., gold. .. 1892 6g. J-J
100,000 Jan. 1,1922
Bills payable Dec. 31,1897 ..
..........
26,532
.............
P opulation 1890 was 1,099,850; in 1880 was 503,185;
Interest at Mercantile Trust & Deposit Co. of Baltimore, Md., trustee.
and in 1870 WAS 306,605.
The bonds are not subject to call before maturity.
C H A R L O T T E , N. C.
C H IC A G O , IL L .
ROAD—In February, 1898, was operating 47 miles of track. Exten
s
sion of system and double-traoklng on main street.
A n n u a l R e p o r t .— For year ending Deo. 31,1897, gross, $52,377;
net, $26,041; interest charges, $6,000; balance, surplus for year
$20,041. In 1896 gross earnings were $52,977; net, $25,813. Total
surplus January 1,1898, $54,911.
OFFICERS—President, E. D. Latta; Yioe-President. E. B. Springs.
Secretary, J. L. Chambers; Auditor, F. A. Savin. — V. 64. n. 329, 384. ’
C A L U M E T
E L E C T R IC
W A Y . —A trolley road.
S T R E E T
R A IL
RECEIVER—In May, 1897, control passed to the National Bank of
Illinois (which holds $483,500 of the stook and $2,843,000 of the
5s of 1894) and a receiver was appointed. Reoeiver, Gen. MoNulta;
in May, 1898, was authorized to expend $60,000 in improvements.
S tock & B onds —
Date.
Interest. Outstand'g. Last div., etc.
Stook ($100) (see text)..............
.......
$500,000
.......
Receivers’ certificates... 1897 6 p. o.
155,003 Red. at option
1st M., gold, red. at 110. 1892 6 g. M-S
51,000 Sept. 1,1912
Cons. mort. ($3,000,000). 1894 5 g. M -N
2,949,000 Nov. 1,1909
D efa ult —Interest due May 1,1897, on 5s of 1894 was not paid.
P opulation 1890 was 29,100; in 1880 was 12,892;
ROAD—Operates a road, mostly doubled-traoked, embracing in all 72
and in 1870 was 6,093.
miles of track owned and 5 miles leased. This road connects with
C H A T T A N O O G A E L E C T R I C R A I L W A Y C O . Cottage Grove Avenue Cable, Alley Elevated and Illinois Central, and
ORGANIZATION—Successor February, 1896, of Chattanooga Electric reaohes South Chicago, Pullman, West Pullman, Auburn Park, Burn
Ry. of 1891, foreclosed. No new bonds were authorized. Said to serve side and Manhattan Beach. 78-lb. rails.
in all about 49,000 people.
E arnings —M ay 1 to Deo. 31,1897, 8 months, gross, $142,921; net,
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
$21,896; improvements, &o., additional to operating expenses, $72,038.
Stook authorized, $645,000..........................
$645,000
City Street RR. 1st M ..... 1882
6 J -J
300,000'l9 1D irectors (elected May, 1897.J—John C. McKean, G. E. Adams
2 ” *"
Chatt. Elec. Street R R ........ $ 1889 6 F - A
250,000 Feb. 1,1909 Charles R. Corwith, E. A. Frost and John Farson. President, John
1st M. $250,000, $1,000.. < Trustee Union Trust Co. of Philadelphia. Farson; Secretary and Treas., H. B. White.—V. 64, p. 798, 887,1088.
Interest Chatt. Elec, first 6s paid at Maryland Trust Co., Baltimore.
EARNINGS—For 6 months ending April 1, 1898, increase of $3,036
C H I C A G O
C I T Y
R A I L W A Y . —Horse, cable and
over same months in 1896-7.
electric road.
ROAD—Has 32 miles of track on 25 miles of street.
ORGANIZATION—Incorporated in February, 1859, and has extensive
OFFICERS (elected Dec., 1897j —President, J. H. Warner; Vice-Presi surface road privileges in the south division of Chicago. In Feb., 1898,
dent, Edwin Warner; See. and Treas., Edward Lilly.—V. 63, p. 1114, was incorporated the Chicago City Ry. Rapid Transit Co., with a oapi
C H A T T A N O O G A , TENN.
C H A T T A N O O G A & L O O K O U T M O U N T A IN
R A I L R O A D —A steam road.
O r ganizatio n —A reorganization of the Chat. & L. M.Ry. Operated
by and in connection with the Lookout Incline & Lula Lake Ry., oper
ating a cable road from Chattanooga to the top of Lookout Mountain
88 miles. No stook or bonds had been issued in August, 1898.
ROAD.—15 miles of track. Extensions proposed to Rook City &
Lula Lake, 6 miles. That portion of the road on the summit of the
mountain is to be equipped with electricity.
OFFICERS-—President, J. T. Crass; Auditor, Wm. A. Bird.
C H A T T A N O O G A
R A P ID
T R A N S IT
C O .-A
trolley road.
O r g an izatio n .—Chartered in 1897. In March, 1898, leased from
the Belt Ry. the exclusive right for 45 years to conduct passenger,
mail and express trafflo on 14 miles of the latter’s lines. V. 67, p. 72.
STOCK & B onds —
Date. Interest, Outstanding.
Maturity
Stock, $200,000 (par $100).........................
$200,000
.......... *
1st M., gold ($1,000 each) \ i? 98 A ? ;
m j.1
)
' ( Inc. at Cit. Bk. & Tr. Co., Chatt., trustee.
ROAD.—On July 1,1898, owned 1 mile of road; leased 14 miles; total
operated, 15 miles.
O fficers .—President, 8. W. Divine; VioePresident, G. W. Daven
port; Secretary, W. B. Royster.
IN C L IN E & N A R R O W G A U G E R A IL W A Y —
Road —2% miles of traok, of which ¡h mile incline oable and 3 miles
steam. Capital stook, $100,000. President, D. Woodworth.
S IG N A L
M O U N T A IN
O
— Successor to Chattanooga & North Side Street R y .,
r g a n iz a t io n
R A IL W A Y —
sold in foreclosure June 24,1896, for $8,100. Capital stook is $500,000. No bonds. Owns 3^ miles main traok and 1 mile sidings; leases
North Chattanooga St. Car Co., 2*a miles main traok and % mile sidings;
total traok, including sidings, 7 \ miles. Motor oars, 9 (3 leased.)
President and Treasurer, John Orr.
CHESTER, PA.
P opulation
in 1890 was 20,226; in 1880 was 14,997;
an © in 1870 was 9,485.
C H E S T E R T R A C T I O N —A trolley road.
CONSOLIDATION—In January, 1898, control of Chester Traotion &
Wilmington City Ry. (Delaware), was obtained in the same interestJanuary 1,1897, the Chester Traction Co. held all the stook of the
Union Railway Co., $100,000, Chester & Media stook, $35,000, Chester
Darby < Phila. stock, $65,000; total, $200,000.
fe
tal of $1,000,000, to build an elevated road in Dearborn Street from
the heart of the city to Thirtj -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 Eleotrio Ry. had been purchased for
$950,000. V. 66, p .U 8 8 . In July, 1898, it was reported that plans
had been revived for bringing the Chicago City, North Chicago Street
and West Chicago Street under a single man igement by ldase, consol
idation or otherwise. V. 66, p. 221.
STOCK & B onds —
Date. Interest. Outstanding. Last div., die.
Stook ($100) (see text) ....... text,Q-M.31 $12,000,000 June30,’98,3%
Gen. M. $6,000,000 . >
( Subject to call
($100) ($500) ($1000) [
1887 4*3 J. - J.
4,619,500 \ on 60 days
4*2, currency— o *) Trustee, C. L. Hutchinson.
(
notice.
STOCK—Amount of stock was placed at 100,000 shares of $100
each, with right to increase the same at pleasure of the oompany.
January, 1896, $2,000,000 additional stook was authorized for building
new eleotrio lines, making total stook $12,000,000; of this, $1,000.000
ssued July 2 and $1,000,000 on Oct. 2,1896. See V. 62, p, 183. In
Jnne, 1898, it was reported that the stook would be increased to $14,.
000,000 to pay for the General Electric Ry. and provide for improve
ments. V. 66, p. 1188,1236.
B onds —The bonds outstanding are of the denomination of $100,
$500 and $1,000 each and are seoured by a general mortgage exe
cuted 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. o.; 1895,15 p. o.; in 1896,12p.o.; in 1897,12 p. c.; in 1898, Mar., 3 p.o.
Total carried Jan. 1 to June 30, 1898, were 45,000,000, against 45,000,000 in 1897.
Road —On Jan. 1,1898, company operated 190 miles of track, viz.:
Cable road, 35 miles; electric, 150 miles; horse, 5 miles.
ANNUAL R eport —Fisoal year ends Deo. 31. Report for 1897 was in
V. 66, p. 182, and gave earnings, etc., as follow s:
Year ending Dec. 31—
1897.
1896.
1895.
Gross earnings..........
$4,816,516
$4,808,867
$4,476,824
Op. expen. and taxes.
2,908,982
2,977,209
2,807,726
P. c. op. ex. to earns..
(60-84)
(61-96)
(62-72)
Net earnings..
$1,907,534
$1,£31,658
$1,669,098
Interest on bonds.
$207,877
$207,877
$207,887
Reconstruction.
50,000
If 181,568
1192,509
Dividends............ (12p.o.)l,440,000(12p.o.)l,289,787(12p.o.)l,140,000
Balance, surplus..
$209,657
$152,426
$228,702
If Inoludes in 1896 depreciation and new rails. In 1895 depreoia
tlon, reconstruction of State street, etc., $92,511.
NET EARNINGS FOR 8 YEARS.
1897........ $1,907,534
1896........ 1,831,658
1895......... $1,669,098 1892.......... $1,591,510
1894......... 1,425,934 1891.......... 1,338,882
1893......... 2,637,949 1890.......... 1,139,897
STKEET
RAILWAYS,
25
OFFICERS— President, M. K. Bowen; First Vice-President, W. B.
Trustees of 1st mortgage (see V. 64, p. 373), Farmers’ Loan & Trust
Walker; Second Vice-President, Joseph Leiter; Treasurer, T. C. Pen- Co. of N. Y. and Am. Trust & Savings Bank, Chicago.—V. 62, p. 1087.
j Note.—The total issue of first mortgage bonds was $7,574,000, o f
ington; Secretary, F. B. Greene.
D irectors — (Jan. ’98) Samuel W. Aller ion, Joseph Leiter, D. G. ' whieh in Jan., 1898, $881,000 had not assented to readjustment plan
Hamilton, George H. Wheeler, Wm. B. Walker, George T. Smith, M. K. of 1895. Of these last $102,000 were in the treasury, while $605,000
Bowen.—V. 64, p. 1 7 6 ; V. 66, p. 182,11-8,1236; V. 67, p. 221.
held by Mr. Zeigler were still in litigation (oases to be heard in May,
1898, at Chicago before Judge Grossoup) and are receiving no
C H I C A G O C I T Y R A I L W A Y T R A N S I T C O , - interest; the balance. $174,000, is allowed to receive interest at 3
See Chicago City R a il w a y .
per cent per annum, or 60 per cent of laee of coupons. Holders of first
5s who assented to plan received in exchange for their principal 60
C H I C A G O E L E C T R I C T R A C T I O N —Storagehat’y.
HISTORY.— Successor in Jan., 1898,to Englewood & Chicago Electric per cent in guaranteed debentures (total issued $4,015,200, of which
Ry., foreclosed per plan in V. 65, p. 728. The new securities (none $102,000 in treasury), and 15 per cent in incomes (total issue $1,003,800, of which $48,000 in treasury).
outstanding in May, 1898,) w ill b e :
Slock—In May, 1896, trust certificates representing Lake Street
N e w SECURITIES—
Date. Interest. Authorized. Maturity.
stock for $5,009,300 was offered to stockholders of Columbia Con
Stock to be held 5 years }
*2 000.000
in voting t r u s t .........s ............... *........
’___ ’___ 1"Y "••*••*** struction Co. at $18-90 a share; the stock itself will be held in a ten1st mort., subject to call >
1898 5 g. J - J
500,000 July 1,1928
year voting trust.—V. 62, p. 908.
at 105, gold.............. 5
First coupon payable July 1,1898.
Bonds—The gold debentures are secured by deposit of the old bonds
Consol, mort. incomes)
1898 5 A .Q
2,000,000 Jan. 1,1928
for 5 years............... )
with the Northern Tr. Co.; their p. and i. are guaranteed by the North
The holders of each of the old first mortgage bonds ($960,000) western Elevated RR. Co. When all the old bonds have been ex
recognized as valid received in exchange per $1,000 bond, if subscri changed, they will be reissued to the extent of 60 per cent, and the
bing $300 in cash: First mortgage bonds, $300; consolidated mort- balance canceled.
gage, $1,000; stock, $2,000. Both mortgages may be increased to any i R o a d — Owns in Chicago a double-track elevated railway, Market
amount desired for new property.
j Street from Madison Street to Lake Street, thence to the Western city
E arnings .—July 1 to Oct. 12,1897 (104 days), receipts from passen limits, being 6 2-5 miles, equal to 14^4 miles of single track. Connects
gers $20,607; operating expenses, $20,123; other income, $1,096; with Suburban RR. for traffic outside the oity. V. 65, p. 236. Trains
balance net, $1,580.
began running over the Loop line in March, 1897. In 1898 acquired
R o a d — In May, 1898, 21*3 miles of track were in operation—from franchise for 1 mile road elevated and l ’s miles surface, which will be
63d St. to Blue Island. Cars began running Jan. 19,1897. In June, built by the Cicero & Harlem Ry. Co.—which see below.
1898, application was made for a franchise to build about one mile on
REPORT—Fiscal year ends Dec. 31. Report for 1897, V. 66, p. 131.
Morgan Avenue, in the town of Calumet.
1897.
1896.
1897.
1896.
O f f ic e r s — President, J. 8. Bache, New York; Vice-President, Samuel G r o s s ............ $579,961 $573,669 Taxes______.... $18,612 $12,278
R. Shipley, Philadelphia; Treasurer, Henry Levis, Philadelphia; Sec Oper, exp........ 329,124 339,382 Int. charges___ 257,479 249,681
Loop rental.... 15,707 ..........
retary, H. A. Hensley, New York.—V. 66, p. 81.
Netrevenue.. $250,837 $234,287 Bal., def. for yr. *$40,961 $27,672
C H IC A G O
G E N E R A L
R Y . —An electric road.
* Extraordinary improvements in 1897 $31,880, making total
O r g a n i z a t i o n — Incorporated October 21, 1893, for 50 years. The
deficit for year $72,841.
West & South Towns St. Ry. (formerly leased) was purchased in May,
Passengers—From Jan. 1 to June 30,1898, passengers carried were
1896, and consolidated. Its $468,000 of bonds were offered in Janu
6,335,000, against 5,440,000 in 1897.
ary, 1898, right of exchange for Chicago General 5s on certain terms—
O fficers —President, D. H. Louderback; Sec. andTreas. (May, 1897)»
see V. 66, p. .183. B o n d s ($500 and $1,000 each) authorized $3,000,000
Howard Abel, 444 North Clark Street, Chicago.—V. 67, p. 74.
(reduced from $10,000,000 in Deo., 1896.—V. 63, p. 1114.
STOCK & B o n d s —
Date. Int.,Ete. Outstand’g. Maturity,etc.
CICERO & H A R LE M STREET R A I L W A Y St’k, $10,000,000(par $100) ....... •............
$500,000
................
ORGANIZATION—Chartered as an extension of the Lake St. Elevated
1st M., $3,000,000, g. )
1895 5g.M -N
970,000 Nov. 1,1935
STOCK & B onds —
Date.
Interest.
Outstand’g.
Maturity.
Red.aft. 10 yrs.at 105 5 Trus. is Merchants’ Loan & Tr. Co., Chicago.
W.&S.Towns,lstM.,g...
16 1892 6g. F -A
164,000 A u g .,’02-12 Stock..............
......................... ..........
(?)
.......... .
1st mort., $1,000,000,) 1898
5 A -O
(?)
Apr. 1,1938
The mortgage trustee is the Northern Trust Company of Chicago.
$1,000 each.............5 Equitable Trust Co., Chicago, Trustee.
R O A D — In Jan., 1898, owned 26 miles of road and had 6 miles under
R o a d -T o be one mile of elevated and l ’a miles of surface and
construction within 5*2 miles of the City Hall, the nearest point being
incline road. Also has the right, conferred by the Cicero Town Board,
within 2 miles. In July, 1897, leased rights on 22d St. from river to
to build an additional north and south line of about two miles. Presi"
Wabash Ave., 2-48 miles, making total operated 13-58 miles.
dent, D. H. Loudebaok; Secretary, Howard Abel.—V. 66, p. 759.
EARNINGS—For year ending Deo. 31,1897, gross, $79,821; net, $37,
304; fixed charges, $36,155; bal., surplus for year, $1,149.
M E T R O P O L I T A N T R A C T I O N C O .—
O FFIC ER S.— President, (October, 1896), John H . Witbeck, Secretary
Organized in June, 1897, by parties interested in General Electric
and Treasurer, Lawton C. Bonney.—V. 66, p. 183.
Ry. Has franchises for about 200 miles of streets in Cook County
No road constructed to May, 1898.
C H IC A G O & M IL W A U K E E
E L E C T R IC .-A
STOCK & BONDS—
Date.
Interest. Outstand’g.
Maturity.
trolley road.
Stock, $10,0» 1
O.OOO....................................
(?)
..............
O RGANIZATION— Successor by purchase to Bluff City Electric Com 1st M., $2,000,000, gold 1897
5 g. F -A
(?)
1917
Bonds, $1,000 eaoh. Equitable Trust Co. trustee, and the State Trust
pany. Stock, $1,000,000 ; bonds authorized, $1,000,000.
ROAD—Entire projected line is 31 miles. Waukegan, 111., to Highland Co. co-trustee.—V. 65, p. 27, 278.
Park, about 16 miles, operated from July 1, 1898; remainder to
M E T R O P O L IT A N W E S T S ID E E L E V A T E D
Evanston to be completed by October 1.
OFFICERS— President, George A. B all; Vice-President, A. C. Frost; R A I L R O A D —A n electric road.
R e c e iv e r s h ip — On Jan. 20, 1897, Diokinson MoAllister was ap
Secretary, George M. Seward.—V. 66, p. 900.
pointed Receiver.—V. 64, p. 181.
BONDHOLDERS’ C o m m ittee —F. P. Oloott, Chairman; W. G. OakC H IC A G O & S O U T H S ID E R A P ID T R A N S IT
R R - ( “ At .Te y E L E V A T E D ”)—S e e S o u t h S i d e E l e v a t e d .
,
man and Samuel Thorne; depositary, Central Trust Co., New York.—
V. 64, p. 287, 611. Foreclosure suit has been filed.
G E N E R A L E L E C T R IC R A IL W A Y .—
P l a n .—The committee’s p la n , given in V. 67. p. 126, dated June 29,
O r g a n iz a t io n — In January, 1896, obtained a twenty-year fran 1898, provides for the issue of the new securities shown in table below.
chise for a system of lines south on Dearborn Street, etc., and in
The old bonds and stock (paying assessment) will receive:
February, 1897, additional franchises were granted, the company to
New 1st
New
New
pay the oity 5 p. 0. of gross for second five years of franchise, 71 p. c.
s
mortgage bonds, pref. stock, com. stock.
1st mortgage bonds
.................. 60%
---for third five years and 10 per cent for last five years. The Illinois
Stock (on payment 4% assessment).. 4%
---50%
Supreme Court in May, 1898, upheld the franchise. V. 66, p. 900. In
The new preferred stock is to have exclusive voting power for five
1897 leased to Metropolitan Traction Co. for $5,000 yearly. In June,
years, subject to termination, however, when in any one year during
1898, it was reported purchasedby the Chicago City Ry.—V. 66, p. 1188.
that period dividends amounting to 5 per cent shall have been paid on
STOCKS & BONDS— Date.
Interest.
Outstanding.
Maturity.
the preferred stock.
Stock, $5,000,000...............................
(0
.............
1st M., gold........... 1896
5 g. A -0
abt.$300,000
Oct.. 1916
The assessment is to yield $600,000; earnings in receiver’s hands
Mortgage authorizes a first issue of $3,000,000, then $2,000,000 for Aug. 1, 1898, $105,000; total, $705,000, applicable as follows : For
extensions, and additional amounts at 85 per cent of cost of still improvements, equipment, power house, etc., $538,000; expenses of
further extensions and improvements. Trustees, Title Guarantee & reorganization, etc., $167,000
Trust Co. of Chicago and State Trust Co. of New York.—V. 66, p. 1188.
STOCK & Bonds —Securities after and before reorganization;
After reorganisation—
Date. Interest. Outstand’g. Maturity, etc.
L A K E S T R E E T E L E V A T E D R R . - An electric road. Common stock.........................................
$7,500,000 ................ .
Pref. st’k ,5 p.c. non-cum...................... "...
9,000,000 ...................
ORGANIZATION—Chartered August 24,1892. Debt has been mostly 1st M., $10,000,000, £0ld 1898 4 g. F-A
9,600,000 Aug. 1,1938
readjusted under plan of February, 1895 (in V. 60, p. 391), by which
Before reorganization—
the Northwestern Elevated RR. Co. guarantees new debenture bonds. Stock,$15,000,000($100).......................... $15,000,000 ...................
1st mort., $15,000,000,) 1892 5 g. F -A
15,000,000 Aug. 1, 1942
Operation by electricity was resumed Sept. 20,1896.
gold, $1,000........... c&r) Coupons Feb. 1,1897, and since unpaid.
STOCK & BONDS—
Date. Interest. Outstand'g. Maturity, etc.
Has guaranteed $407,000 bonds of Union Consolidated Elevated.
Stock, par $100...................................... . $10,000,000 ...................
R oad —From the Board of Trade Building westerly about 6 miles,
Gold debentures; p. & i. > 1895
5 J -J
3,913,300 July 1, 1928
guar, by N. W. E l........ $
Trustee, Northern Trust Co., Chicago.
with branches; total length, 16-15 miles; the first 1*81 miles are
Inc. deben., g., non-cum., ) 1895
5 Feb. 1
955,800 July 1,1928
four tracks, the rest two tracks, making total double track miles 17-96.
$500 & $1{000 bonds.c. )
Subject to call at 101 on any Feb. 1.
Road began using loop in October, 1897. The road is operated by
Bonds not assenting to plan of 1895—
electricity. See. V. 58, p. 866. Right of way is owned in fee and mort
l8(See text? pr0testlng-1 1893
3(5) J-J
174,000 July 1,1928
gaged to secure the bonds; 55 motor cars and 125 passenger cars.
Do Ziegler bonds (text) 1893
— J-J
605,000 July 1,1928
EARNINGS—Jan. 20.1897. to May 31, 1898: Gross, $1,368,595; p a y
Bills payable Dec. 31,’97...........................
660,061 ...................
rolls, supplies, etc., $1,010*033; net earnings, $258,262.
Interest payable at Northern Trust Co.
26
STREET
RAILWAYS.
PASSENGERS—
From Jan. 1 to Jane 30,1898,6 months, passengers
carried over 11,873,310, against 7,933,998 in 1897.
EARNINGS—For six months ending June 30,1898, gross $1,407,942,
against $1,326,155 in 1896-97. For year ending Deo. 31, 1896, gross,
OFFICERS—President, Robert E. Jenkins; Secretary and Treasurer. $309,481; net, $160,430; charges, $105,812; balance surplus for
year, $54,618. In 1895 surplus over charges $38,370. Company has
George Higginson, Jr.—V. 65, p. 824, 921; V. 67, p. 126.
no power plant. In 1896 carried 6,189,000 passengers against 4,267,493 in 1895.
N O R T H C H IC A G O S T R E E T R A IL R O A D —
ROAD—Owns double track, paved, electric road on Lincoln Avenue,
ORGANIZATION—Incorporated under the laws of Illinois in 1886 “ to from the terminus of the North Chicago Street Ry. Co.’s cable line at
construct, lease, purchase, or otherwise acquire horse, dummy and Lincoln and Wrightwood Avenues to North 59th Street; also on Mil
street railroads in Cnicago and Cook County, Illinois.” It controls the waukee Avenue, from the terminus of the West Chicago Street Ry.
surface street railroad system in the North division of the city of Chi Co.’s cable line at Armitage Ave. to Lawrence Ave., 6-75 miles in length.
cago, through the purchase in 1886 of 2,501 shares out of a total of —V. 65, p. 925.
5,000 shares capital stock of the North Chicago City Railway Co., said
CHICAGO NORTH SHORE STREET R Y .—(See M a p , page 27?)
road being leased for 999 years from 1886. Franchise 99 years from
ORGANIZATION—Leased in 1894 for 50 years to North Chicago El. Ry.
Feb., 1865. Annual payment to city for electrical franchise, $10,000;
STOCK & B onds —
Date. Interest. Oulstand’g. Last div., etc.
car license, $50 per car per annum, 1 trips per day to a car.
3
Capital, stock,6 p.c.guar..............
6 Q.—J. $650,000 Oct.,’9 7 ,li«%
In July, 1898, it was reported that plans had been revived for 1st M., $1,500,000, g., >
1894
6g. A -O
675,000
Apr. 1,1912
guar. p. & i. (end).o* s
Subj. to call at 105 any Apr. 1 after 1905
bringing the North Chicago Street, West Chicago Street and Chicago
The bonds guaranteed by endorsement by the North Chicago Electric
City under one management, by lease, consolidation or otherwise.—
Railway, and the stock guaranteed 6 per cent per annum by the same
V. 67, p. 221.
S tock AND Bonds —
Bate.
Interest.
OutsVdinq. Last div. die. company, are listed on the Chicago Stock Exchange.
Stock ($10,000,000) ($100) ---Q.—J $7,920,000 Apr. 15,’98,3%
Interest is paid in New York by Chase Nat. Bank and in Chicago at
1st mortgage ($500), &o. > 1886
5 J -J
3,171,000
1906-9-16 Illinois Trust & Savings Bank, Trustee.
See text. Currency.. . . ) Trus. Fide’y Ins. Tr. & Safe Dep. Co. of Phila.
Road -Owns 7*2 miles double track; trackage No. Chic. St. RR. Ha
Certs. 5-20s ($100) etc.,cur. 1895
6 J -J
1,260,000
1900-1915
N. C. City Ry. Co. stock............ 30
Q -J
See text.
July, 1898 miles; total track operated 18 miles. President, J. L. Cochran; Viee1st mort., cur’cy($1.000L 1880
6 J -J
500,000 Julyl,1900 Prest., L. S. Owsley; Secy, and Treas., Howard Abel.
2d M. ($2,500,000) cur. > 18874 ^ M -N
2,500,000 Nov.1,1927
Trustee, 1 1 Tr.& S.Bk. 5 Subject to call at any time.
1.
N O R T H E R N E L E C T R IC R A IL W A Y —
Stock of N. Chi. City Ry. Co. not owned by N. Chi St. RR. Co., $249,O r ganizatio n —Chartered in 1894 for 50 years Capital stock is
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. $50,000. 1st mortgage bonds dated 1-94, due June Ï , 1914, $50,000;
Ronds—The N C. St. R.R. mortgage provides for the issuing (by and trustee, Chicago Title & Trust Co. Owns 5 miles of track.
with the consent of the trustee) of bonds for permanent im
N O R T H W E S T E R N
E L E V A T E D
R e
provements, in amount equal to 75 per cent of such improvements. To
o r g a n iza t io n —Organized in 1894. As to prospects of construction
1898 there had been issued: Dated July, 1886, due 1906, $1,500,000;
see President Louderback’s statement in V. 66, p. 189, and below.
July, 1889, due 1909, $1,250,000; Jan., 1896, due 1916, $421,000.
Time for completion of road extended to Jan. 1, 1899. In August,
Has guaranteed $649,000 North Chicago Electric Ry. and $255,000
1898, the company was intending to convert some of the common
Chicago Electric Transit bonds—(see separate statement of each.)
into preferred stock and not increase the capital.
North Side Electric St. Ry. $155,000 bonds and Evanston Electric Ry.
STOCK and B onds —
Date. Interest. Outstanding.
Maturity.
$130,000 bonds—see these companies below.
Stock, $15,000,000.................................
(?)
y
y
.......
(?)
Stock—North Chicago Street stock for $1,100,000 was issued in Pref. stock, 6 p. c .....................
(?)
Aug.’ 1,1944
January, 1896, of which $550,000 for part payment of extra dividend 1st M .,$15,000,000..... ... 1894 5g F -A
Illinois Trust & Savings Bank, trustee.
and $550,000 was offered to stockholders at par.—See V. 62, p. 41. in
Northwestern Elevated has guaranteed the debenture bonds of the
April, 1898, $1,320,000 additional stock was offered to stockholders Lake Street Elevated.
at par to retire $500,000 certificates of indebtedness of 1891 and for
Columbia Construction Company.—Contract to build Northwestern
extensions, etc. The issue will increase the outstanding stock to $7,“L ” canceled in Jan., 1898. Construction Co. stockholders to receive
920,000. Y. 66, p. 761, 811.
$125 of “ L” preferred (in all about $5,207,000) for eaoh $L00 which
D ividends , ifo r 1890. 1891. 1892. 1893. 1§94. 1895. 1896. 1897.
was paid in.—V. 66, p. 184.
•percent. 5
6^2
8
11 h
s 12
12
12 Below.
12
No bonds, it was understood in May, 1898, had been sold, but it has
In 1896,12 p. c. in oash, and 20 p. c. extra (10 p. 0. in stock and 10
been proposed to issue not exceeding $4,000,000 to complete the road.
p. 0. in 6 p.c. certificates of indebt.) In 1898, Jan., 3 p.c.; Apr,, 3 p. c.
A t the annual meeting in January, 1898, President Louderback said:
Road —On May 1,1898. Miles. I
Miles.
“ W e have expended for real estate, construction, interest, etc., $6,Cable.................................. 17
|Electric trolley..............
64
Electric underground.......... 1*75 I
'______ 290,611. We estimate it will require to complete the road the further
H orse..................................„3
| Total track operated .......85-75 sum of $2,712,737; and to pay oft its obligations, after realizing on
E arnings —T otal passenger receipts for seven months ending July i its assets, and to complete the road, the total sum of $3,500,000.” V.
66, p. 189.
31,1898, were $1,670,946, as against $1,584,638 in 1897.
A n n u a l R e p o r t — For 1897 see V. 66, p. 189.
A n n u a l R eport —Fiscal year ends December 31. Report for 1897
R oad —The road starts at the intersection of Wilson and Evanston
was in Y. 66, p. 189, and gave earnings as follows:
avenues, seven miles from the Court House, and will have 5-52 miles
Tear ending Dec. 31—
1897.
1896.
1895.
of four-track, 92 miles double-track. In Jan., 1898, all but 1 mile of
Gross receipts................... $2,911,551
$2,913,710
$2,780,487
Net earnings......................$1,591,625
$1,519,322
$1,468,380 the foundations were in.
Int., rental, taxes, eto........................ 636,462 524,231
4.71 9A9,
OFFICERS—President, D. H. Louderback; Vice-President, L. S. Ows.
Dividends paid...............(12%)791,943 (12%)758,901 (12%) 659^922
le y ; Sec. and Treas., Howard Abel.—V. 66, p. 184, 189.
Balance, su rp lu s......... $163,220
$236,190
$337,206
S O U T H C H IC A G O C IT Y R A I L W A Y C O Total surplus Dec. 31.........................
$830,741
$594,281
O rganization —I ncorporated May 31, 1883. Operates two Unes
OFFICERS—President, C. T. Yerkes; Vice-President, W. F. Furbeck ;
from Jackson Park to 106th Street and the Indiana State Line. Ham
2d Vice President, General Manager and Purchasing Agent, John m !
mond Whiting & East Chicago is controlled in same interest.
Roach; Secretary and Treasurer, Charles Moore.—V. 67, p. 221.
STOCK & B onds —
Date. Interest. Outstand’q. Maturity.
Stock ($2,000,000 auth.)........................
¿03 800
R oads Controlled by North Chicago Street R R .
1st mortgage, currency.... 1890 5 J - J
50,000 j ü i y l , Ï 9 Ï 0
( 1 ) EVANSTO N ELECTRIC R A IL W A Y .—
1st mort $5,000,000, gold)
1893 5 g. A -O
1,662,000 Apr. 1,1913
$1,000......................... S Int. at IUinois Tr. & Sav. Bk., Trustee, Chic<
ORGANIZATION—Organized in 1896. Operated in connection with
Road —Owns 34 miles of track in Chioago and. controls tne Grand*
North Chicago Railroad. Road runs from Emerson and Sherman
avenues to Wilmette, 2% miles (double track). Stock, $1,000,000. Crossing & Windsor Park RR. Co., 3 miles; total Dec., ’96, 37 miles.
Mortgage is for $1,000,000 for 6 per cent (int. F. & A.) currency bonds Rails 75 and 85 lbs. Hammond Whiting & E. C. Electric gives a line to
maturing Aug. 1, 1916; issued $130,000, guaranteed by the North Whiting, East Chioago and Roby (Ind.), and makes a direct route of 14
miles from 63d St. and Madison Ave., Chicago, to Hammond, Jnd.
Chicago Street Railroad.—V. 63, p. 504.
OFFICERS—President, D. F. Cameron; Vice-President, D. M. Cum
( 2 ) NORTH SIDE ELECTRIC R A IL W A Y .—A trolley road.
mings; Secretary, Treasurer, O. S. Gaither.—V. 63, p. 795, 970.
„ S tock & B onds —
Date.
Interest. Outstanding. Maturity.
Stock, $1,500,000...................................
$1,500,000
y
S O U T H S I D E E L E V A T E D R R . —(“ A L L E Y E L E
1st M. our., gu. p. & i. ) 1895
6 M -N
155,000 N o v , X '1915
V A T E D ”)—An electric road.
(end.) byNo.Ch.St. RR. STrustee, Illinois Trust& Savings Bk , Chicago.
ORGANIZATION—Successor January, 1897, to Chicago & South Side
Interest is payable at Chicago office or the fiscal agency. The first
R. T. RR. (foreclosed per p l a n V. 63, p. 1158).
mortgage provides for the issue up to $1,500,000 at not exceeding the
Road —Owns elevated road in operation in Chicago upon a purchased
cost of construction; further bonds can be issued at 75 per cent of
right of way from Congress Street to Jackson Park, 8‘56 miles of
cost of extensions and improvements. (See guarantee V. 62, p. 414.)
double and triple track; total track said to be 18-62 miles. Operation
ROAD—Runs from Chicago & Northwestern Ry. station north to
of trains over the “ Loop ” (Union Elevated) began October 18, 1897.
Elston Avenue, and from the Northwestern Depot to Harrison St., in
Electricity was introduced as motive power late in April, 1898.
all 6-58 miles of single track.—V. 62, p. 233, 414.
STOCK & B o n d s —
Date. Interest. Outstanding. Maturity.
Stock, $10,323,800................................... $10,323,800 ...
1st mort., $1,500,000, ) 1897
4*9
750,000 July 1,1907
N O R T H C H I C A G O E L E C T R I C R Y .-T r o lle y r o a d .
red., see text; currency. 5 Trustee, 1 1 Tr. & Sav. Bank, Chicago.
1.
O r g an izatio n , E t c .—Leases Chicago. North Shore St. Ry., and
On Deo. 31,1897, current liabilities and taxes payable were $127
guarantees interest and dividends.
886 and cash on hand was $607,316.
„STOCK & B onds .
Date. Interest. Outstand’q. Maturity
Bonds.—Of the $1,500,000 authorized in April, 1897, $750,000 are to
Stook.V....................................................... $2,000,000 ....
1st M., $1,000,000 (not sub-) 1894 6 F - A
829,000 Attg. 1.1914 be held for future improvements and additions. Bonds are redeem
jeot to call), gu. p. &i. end. 5Int. at Illinois Trust (trustee), Chicago.
able within five years from date at 105 and after five years at 102;
In November, 1897, sold $363,000 firsts for improvements (making denominations are $500 and $1,000—See V. 64, p.843.
total $829,000). The bonds are guaranteed, $649,000 by North
Passengers—From Oct. 18, ’97 (date when road began using Loop), tiU
Chicago, $180,000 by West Chicago Street RR.
J an. 1,1898 (inclusive), the average number of passengers carried per
diem was 54,121, avainst 31,578 from Feb. 1,1897, to Oct. 17. From
Jan. 1 to June 30, 1898, total carried were 9,310,808, as against
6,142,834 in 1897.
ANNUAL R eport —The annual report for 1897 was in V. 66, p. 285.
1897.
1896. I
1897.
1896.
Pass, earns___ $611,875 $672,086 |Op. ex.&taxes.$515,402 $497,105
Other earnings. 25,470
32,554 I
------------s _____1 -------- ------ |Net receipts...$121,943 $207,535
---Grossreceipts.$637,345 $704,640 |Special exp ................. $101,626
OFFICERS (February, 1897)—President, Leslie Carter; Secretary and
Treasurer, J. H. Glade. Office,47 Congress St., Chicago.—V. 66, p. 285.
S U B U R B A N
R A I L O A D —A trolley and steam road.
O r ganization —In July, 1897, Mr. Yerkes secured practical control.
STOCK & Bonds —
Date.
Interest. Outstand’g.
Maturity.
Stock, $1,250,000....................................
$1,250,000 ..........\......
,
(1896
5g. M-S
1,250,000 Mar. 2,1916
1st M.,$3,000,000, gold. £ Trustee is 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.
Ro a d —Owns 30 miles of track, extending from terminus of Lake
Street Elevated at 52d Street, through Grossdale, L a 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 lines
from Harlem to River Forest and along West 16th and 19th streets.
OFFICERS—President (Sept., 1897). John M. Roach; Secretary,
Homer K. Galpin.—V. 64, p. 331; Y. 65, p. 236.
U N IO N
E L E V A T E D
R A IL R O A D —
O rganizatio n —I ncorporated Nov. 22, 1894, to build a loop road
connecting the four elevated roads with business centre of city.
S to ck & B onds —
Date. Interest. Outstand’g.
Maturity.
Stock, $5,000,000....................................... $5,000,000 ...................
1st M., $5,000,000, gold.... 1895 5g. A-O
4,237,000 Oct. 1,1945
L ease —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, ex
penses of operation and mainenance of the lessor company.—Y. 65,
p. 1127. See V. 66, p. 617, 762.
Road —The loop>is 1*98 miles in length, double tracked (80-lb. rails),
and runs on Lake St. to Wabash Ave., to Van Buren St., to Filth 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, O. T. Yerkes; Sec’y & Treas.. Howard Abel. ~V . 66, p. 762.
U N IO N C O N S O L ID A T E D E L E V A T E D R Y ORQANIZATION—Formed in 1896 and built from Union Elevated at
5th Ave. west to Market St.; thence to the Metropolitan W. S. El.
STOCK & B onds —
Date.
Int.
Outstand’g.
Maturity.
................
Stock........................................................ $1,000,000
Series “ A ” 1st mort., gold, > 1896 5 g M-N
407,000 Nov. 1,1936
gu. p. & i. by Met. W.S.El. ( Tru8tee.G.Sherman,V.-P’t,Cen.Tr.Co.,N.Y.
Mortgage $1,000,000, of which $500,000 series A. — 63, p. 1065.
V.
U N IO N
L O O P . —See Union Elevated RR.
U N I O N T R A N S I T C O . —A projected road.
ORGANIZATION.—In June, 1898, made application for a ilfty-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 Electric Railway Co., it is reported, has control.
W E S T C H I C A G O S T R E E T R R —(See p a g e 2 8 .)
ORGANIZATION—Incorporated July 19,1887 under laws of Illinois.
LEASES.—Control of the Chi. W. Div. By. (96 miles track) was ac
quired 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 the Chicago Passenger By. Co.
(34 miles track) stock, the Chi. W. Div. Ry Co. owns 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 stook of the Passenger Ry. Co.
and to guarantee its fixed charges. Leases Cioero & Proviso St. Ry.
(from May 1,1896,) and Ogden St. Ry.
In July, 1898, it was reported that plans had been revived for bring
ing under one management by lease, consolidation or otherwise, the
West Chicago Street, North Chicago Street and Chicago City railroads.
—V. 67, p. 221.
STOCK & B onds —
Date. Interest. Outstand’g. Last div., <tc
Stook,$20,000,000 ($100). text.
Q .-F . $13,189,000 Aug.15 ’98.1*3
1st mortgage, $4,100, ( 1888 5 M.-N.
3,969,00u May 1,1928
000. $1,000, s. f ...... o ( Trustee, Illinios Tr. & Sav’gs Bank, Chicaao.
„ ., . ’
„*(18 9 4 6 J .- D .
767,000 Dec. 1, 1914
Debentures, $1,000— o | subject to call at par after 1899.
Consol. M., $12,500,OOOg. (1896 5g. M.-N.
6,031,000 Nov. 1, 1936
($1,000 each)........... c* ( Trustee, Cent. Tr. Co., N. Y. & G. Sherman.
Subsidiary lines—
W. Ch. St.RR. Tun. Co.lst ( 1889 5 F .-A . $1,500,000 Feb. 1, 1909
guar. p. & i ....... end. o. ( Trustee, Illinois Tr. & Sav’gs Bank, Chicago.
Power house mortgages.1888-9 5 p. c.
204,000
1928-9
Chi. W. D. Ry. Co. st’k 100.........$35Q.-J. 20 See text. Jan. 20,1898
1st mort. 4*28, ($1,(00).. 1892 4 ^ J .- J .
4,070,000 July 1, 1932
Ohio. P as1 . Ry. Co. stock.......... 5
0
.......
1,116,300
............
1st mortgage,cur.......... 1885 6 F .-A .
400,000 Aug. 1, 1903
Consols. $2,000,000 cu r-(1896 5 M.-N.
1,600,000 Dec. 1, 1936
renoy....... ................. c Trustee, Equitable Trust Co., Chicago.
Chicago Electric Transit, etc., see companies following.
Interest is payable at company’s office.
Bonds.—Of the $12,500,000 consols under the mortgage of Novem’
ber, 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 im
provements 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 syndi
cate; 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, including West Chicago Street RR., 72*7 miles
(owned); Chicago West Division Ry., 96 miles-(leased), and Chicago
Pass. Ry., 34 miles (leased). See V. 64, p. 176,333, 472. Chicago Pass
Ry. consol. 5s are reserved to retire the 1st and 2d 6s.—V. 65, p. 235.
Stook.—Recent issues—April, 1, 1893, $1,000,000; Aug. 1, 1893.
$1,100,000, and Nov., 1893, $1,089,000.
Chicago West Division Stock is $1,250,000, of which $625,100 is owned
by the West Chicago Street Co., the remainder ($624,900) being guar
anteed 35 per cent yearly under the lease. Chicago Passenger Bailway
stock is $2,000,000, having been increased from $1,000,000 in 1896,
but to July 1, 1897, only $1,116,300 stock had been issued. The
West Chicago St. RR. Co. guarantees, under operating contract
5 p. c. on original $1,000,000 stook, of which' $730,000 is owned by
West Chicago, as is also $730,000 of the issue of 1896.
GENERAL FINANCES.—Application dated June 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 de
tailed information regarding the leases and flnanoes of the company
D iv id e n d s — ? 1889. 1890. 1891. 1892. 1893. 1894.1895 to Aug.,1
’98.
per cent.. 5 5
5
6
7^
9
9
6perann.
ROAD.—In June, 1897, owned 72*7 miles and leased 186*32 milt s;
total, 259*02 miles track, operated as follows: Cable, 30*42 miles;
electricity 222 miles; horses, 6*6 miles. The lines oomprise:
Leased—
Miles.
Owned—
Miles.
West Chicago St................. 72*70 Cicero & Proviso................ 37*61
Ogden St. R y ..................... 18*65
Leased—
Chicago W. Div. R y ............ 96*00 West Chicago Tunnel...................
Chioago Pass. Ry............... 34*00
LATEST E a r n in g s .— Jan. 1 to July 31 (7 months), gross, $2,236,867
in 1898; $2,177,217 in 1897.
A n n u a l R e p o r t — Report for 1897 was in V. 66, p. 182, showing.
Years ending Dec. 31—
1897.
1896.
1895.
Gross earning.............. ........$3,899,918
$4,018,948
$^>?Q1>4XZ
2,138,378
2,267,196
Operating expenses................ 1,929,664
$1,970,254
Rental of leased roads.
Coupon interest..........
$736,465 |
399,720
$834,069
791,340
$1,880,570
$493,408
241,800
280,907
$1,934,281
$490,500
241,813
169,702
$864,455
791,340
$1,032,266
791,340
Balance...........................sur.$42,729
sur.$73,115 sur.$240,926
Total surplus Deo. 31..............................
$1,795,733
$1,722,619
OFFICERS.—President, C. T. Yerkes; Sec. and Treas., L. S. Owsley
Purch. Ag., E. A. Blodgett.—New York office, 54 W all St.—V. 67,p. 221.
Lines Controlled by W e st Chicaao Street R a ilro a d .
CHICAGO ELECTRIC TRANSIT—( See M ap page 2 8 .)
(1)
STOCK & B onds —
Date. Interest. Outstandnq.
Maturity.
Stock........................................................ $1,500,000
...... .
lstM.,gu.seetext,noopt’n 1894 6 F -A
1,097,000 Aug. 1,1914
Interest is payable at office of trustee, the Illinois Tr. & Savings Bank
Bonds—The 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 to May, 1898, $842,000 are guaranteed by the West Chioago
Street RR. and $255,000 by the North Chicago Street RR.
ROAD—Owns 35*71 miles of track on 17*85 miles of street—a doubletracked paved electric road on Elston Avenue and Belmont Avenue,
Irving Park Boulevard and Crawford Avenue.
( 2 ) CHICAGO & JEFFERSON U R B A N TRANSIT—( SeeMap, page
2 8 .)—A. trolley road.
S tock A B onds
Dale. Interest. Outstanding.
Maturity
$2,000,000
.........
Stock $2,000,000 : .................................
1st M., guar, p.and i.,West ? 1895
6 M -N
206,000 Nov. 1,1915
Chicago Street Ry........ ( Interest at Chicago office.
The first mortgage is for $2,000,000, but additional bonds may be
issued for extensions, etc. Trustee, Illinois Trust & Savings Bank.
ROAD—Owns 7*7 miles of track on Fulton, Morgan and Monroe
streets. President, Le Grand W. Perce.—V. 61, p. 516.
( 3 ) CICERO & PROVISO STREET R A IL W A Y —( See M a p , page
28.)—An electric road.
O r ganization —L eased from May 1,1896, to the West Chicago Street
RR. for net earnings, but the bonds are guaranteed.—V. 64, p. 176.
S tock & B o n d s .
Interest.
Outstanding.
Maturity.
Capital stock (par $100)...............
$2,500,000
..........
1st mortgage, 1889.........
6M&N
251,000
Nov. 1,1904
Consol. M , $2,500,000, > 5g,M & N
1,706,000
May 1,1915
1895, g.,$l,000,gu.,end. 5 Iqt’st at 1 1 Trust & Sav’gs Bank, trustee.
1.
Interest on 1st mortgage at Farmers’ Loan & Trust Co., N. Y. City.
Bonds—Consols of 1895 are reserved to retire the outstanding firsts,
and $500,000 for improvements at not exceeding 75 per cent thereof.
ROAD—Operates 37*66 miles of track, from West 40th St. and W
Madison St. through Moreland, Austin, Maywood, etc. Has franchises
covering 14 miles of additional track not yet built.—V. 63, p. 1062.
( 4 ) OGDEN STREET R Y .—(See M ap, page 2 8 .) —A trolley road.
O r ganizatio n —Incorporated Oct. 1, 1891, and secured franchises
covering about 24 miles of street in Chicago, Cicero and Lyons, pass
ing the towns of Hawthorne, Morton Park, Clyde, La Vergne, Berwyn,
afid Riverside. Leased to West Chicago Street Railway.
STOCK & B onds —
Date.
Interest.
Outstanding. Maturity.
Stock,$2,000,000($100).......
..........
$2,000,000
..........
1st M ($1,500.000.... > 1896
6 M -N
750,000 May 1,1916
gu.p&i,W. Chic.,end.) 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 6s were outstanding, and the remaining $751,000 held by the trustee, are to be
issued for 75 per cent of the cost of new construction.—V. 66, p. 472.
Road —In March, 1898, owned 34^3 miles of track.
OFFICERS—President, Henry G. Foreman; Vice-President, J. Charles
Moore; Secretary, P. H. Gray; Treasurer, Louis S. Owsley; Offices,
Equitable Building, Chicago, 1 1
1 .—V. 62, p. 779; V. 66, p. 135.
28
STREET
RAILW AYS
C IN C IN N A T I, O H IO .
P opulation 1890 was 296,908 ; in 1880
AND IN 1870 w a s 216,239.
was 255,139 ;
C IN C IN N A T I
&
H A M IL T O N
E L E C T R IC
S T R E E T R Y . —To bo a trolley road.
O r g an izatio n —I ncorporated in 1897 to build a road from Cincin
nati to Hamilton, O., 15 miles. Capital stock increased to $600,000 in
June, 1898. President, William Christy, Akron, O.; Treasurer, P. J.
Pomeroy; Secretary, C. B. Hooven, Hamilton.
C IN C IN N A T I & M IA M I
T I O N . —See H amilton , O.
C IN C IN N A T I N E W P O R T
See COVINGTON, K Y.
C IN C IN N A T I S T R E E T
V A L L E Y
&
T R A C
C O V IN G T O N .—
R Y . —Electric and cable road.
O r g a n iz a t io n — Incorporated June 21,1880, and in 1896 purchased
served 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 lien
on the Broadway & Newburg system and on all extensions made and
property acquired subsequent to the consolidation; they cannot be
called before maturity.—V. 61, p. 749.
R o a d — The company operates in the city of Cleveland “ an aggregate
single track of about 961 miles; practically all the lines are double
a
tracked.” Also operates about 10 miles of suburban track.
L a t e st E arnings —6 mos.,> 1898...Gross, $823,160; net, $314,719
Jan. 1 to June 30.
) 1897... Gross, 779,696; net, 257,308
ANNUAL R eport —For the years ending December 31:
1897.
1896.
1895.
.1894.
Gross earnings.........$1,632,020 $1,634,841 $1,503,620 $1,306,522
Operating expenses.. 1,038,945
1,080,979
984,221
805,021
$553,862
$519,399
$501,501
Net earnings....... $593,075
Interest charges in 1896 $196,500, bal., surplus for year, $357,362.
O f f ic e r s — President, Horace E. Andrew s; Secretary, L.-A. Harmon »
Treasurer, J. F. Whitelaw; Purch. Agent, C. W. Wason.—V. 63, p. 1146.
Mt. Adams & Eden Park and Mt. Auburn roads
STOCK & BONDS—
Par. Interest. Outstand'g. Last div., d
tc.
5 Q.-J. $17,090,700 July 1,’98,1
Stock ($18,000,000)........ 50
A K R O N B E D F O R D & C L E V E L A N D R A IL R O A D - ( S « e Map, page 3 0 .)—A. trolley road.
O r g a n iz a t io n —Chartered in November, 1894. Through lino opened
BONDS ASSUMED BT CINCINNATI STREET RAILWAY.
July, 1900 Oct. 26.1895, from Cleveland to Akron, 35 miles. Serves Akron, Kent,
$25,000
4 J . - J.
Kilgour M. (assumed), cur..
Mt. Adams & Eden Park In
Cuyahoga Falls, Northfteld, Bedford and Cleveland. Also owns two
clined By. bonds assumed:
50,000
Oct., 1900 miles of the Cuyahoga Valley, including the Cuyahoga Falls and “ Old
1st mortgage, currency.. ..
6 A .-0 .
100,000
Oct., 1905 Maids’ Kitchen.”
“
“
currency.. ..
6 A.-O.
Moh.,1906
515,500
Consol, mortg., curiv noy. ..
5M .-S.
STOCK & B o n d s —
Date. Interest. Outstand'g. Maturity.
Interest is payable at Franklin Bank, Cincinnati
Stock autn’zed, $1,000,000............................$1,000,000 J’n 15’983j.%
Mt. Auburn Cable R r . )
S1
^ 1887 5 J - D $200,000 June, 1907 1st M., $300,000 (par $1,000), < 1895 5 g. M&S $300,000 Sept.l, 1915
mort. covers 27*10 miles___ ( Central Tr. Co., N. Y., trustee, pays int.
1st M. assumed...c* 5Interest at Chemical Nat. Bank, N , Y. City.
Further bond issue is limited to $10,000 per mile of new track. •
Stock—Total authorized stock, $18,000,000, having been increased
Bills payable Deo. 31, 1897, $35,000.
from $11,000,000 in August, 1896, for purchase of Mt. Adams &
DIVIDENDS—In 1898, Jan., % p. o.—first dividend.
Eden Park and Mt. Auburn Cable roads and for extensions.—V. 63, p.
R o a d .—In August, 1897, Akron to Cleveland, 30 miles track.
188; V. 64, p. 610. In 1898 $656,000 new stock was issued at par, mak
Of this about l l ^ miles is on right of way owned in fee. H as
ing, when all paid up, $17,090,700 stock outstanding.—V. 66, p. 616.
DIVIDENDS— For many years 5 per cent per annum. In 1896, 5 p. c.; traffic arrangement to use tracks in Cleveland, about 5 miles, in Akron,
about 4 miles. Road has steel bridges, T rail and is ballasted; 21
in 1897, 5 p. c.; in 1898, Jan. It* p. c.; Apr. l ^ p. e.; July, l t i p. e.
R O A D — Company on July 1,1898, operated 203-43 miles of track in cars, large pattern. See V. 61, p. 870; V. 62, p. 184.
L a t e s t E a r n in g s — 6 mos. <1898.. .Gross, $39,725; net, $8,861
the city of Cincinnati, Ohio, extending also to adjoining suburbs.
Jan. 1 to June 30.
(1897.... Gross, 42,2§1; net, 8,498
Miles. I
Miles.
E a r n in g s —For year ending Dec. 31, 1897, gross, $101,321; net,
M ainline (trolley).............196-43 Total track operated......... 203-43
Main line (cable)............ .. 7-00 |Weight of rails 75 to 96 lbs.
$25,546; interest, $15,000; bal., surplus for year, $10,546. In 1896,
EARNINGS— For calendar year 1897 earnings are reported by City gross, $91,686; net, $30,044; other income, $5,244.
Auditor of Cincinnati as gross, $2,486,666.
OFFICERS— President, Henry A. Everett; Secretary, Fred. S. Borton»
OFFICERS— President and General Manager, John Kilgour; Secretary Treasurer, E. W. Moore, (Cleveland.—V. 64, p. 178.
and Assistant Gen. Man., James A. Collins; Treas., K. A. Dunlap.
D irectors (elected July, 1898)—John Kilgour, Matthew Ryan,
C L E V E L A N D
B E R E A
E L Y R IA & O B E R George Bullock, George N. Stone, Frank J. Jones, Nat. Henchman L I N R Y . —(See M ap , page 3 0 .)—A. trolley road.
Davis and Stephen R. Burton.—V. 65, p. 571; V. 66, p. 616, 810.
O r g a n iz a t io n —A consolidation in December, 1897, of the Cleve.
Berea & Elyria and Elyria & Oberlin Electric RR.
M IL L C R E E K
V A L L E Y
S T R E E T R R . —Name
STOCK & B o n d s —
Dale. Interest. Outstanding. Maturity.
was changed in 1898 from Cincinnati Hamilton Middletown & Dayton Stock (par $100).......... ............................ $1,000,000
................
RR. In 1898 purchased portion of Cincinnati Inclined Ry., north of
73’000
, “ - 1' 191*
Cincinnati Zoological Gardens, about 14 miles. In August, 1898, line
was building between Cincinnati and Hamilton, O.
a i ™ i f & rdU50“ '.°.°i1895 6
200•
00<, 1“ ’ 1' 1* 1!
Elyria ¿Oberlin 1st M. on >1897 6 A& F
100,000
Aug. 1,1917
9 miles (bonds $500)___ SInterest at Cleveland Trust Co., trustee.
C IN C IN N A T I
IN C L IN E D
P L A N E
R A IL
The new Co. assumed the obligations of the constituent companies.
W A Y —Purchased at foreclosure sale April 14,1898, in interest of
R oad —Operates 37 miles of track extending from Cleveland to
Cincinnati Street Ry. and Dayton Traction Co. -V . 66, p. 810.
Berea, Elyria and Oberlin; sidings, additional, 2 miles. President, A.
H. Pomeroy; Gen. Man., F. T. Pomeroy.—V. 63, p. 793.
C L E V E L A N D , O H IO .
P opulation 1890 was 261,353; in 1880
AND in 1870 WAS 92,829.
was 160,146;
C L E V E L A N D C I T Y R A I L W A Y —A cable road
O r ganizatio n —Chartered in 1893. Known as “Little Consolidated.’
In 1896 consolidation with Clev. Elec. Ry. was proposed.—V. 62, p. 363.
S tock & BONDS—
Date.
Interest. Outstanding. Maturity.
Stock (100) $8,000,000...........
Q.-J.
$7,600,000
See text.
Oleve. City Cable R y ) 1889 5g. J.-J.
2,000,000 July 1,1909
gold $1,000 c.&r. 1st M 5 Trustee is Central Trust Co., New York.
E a r n in g s — Jan. 1 to Aug. 31, 8 months, gross, $ 76 2,6 34 in 189 6;
$688,188 in 1895. For years ending Deo. 31 earnings have been:
Year.
Gross.
Net.
Interest.
Bal.,sur.
1895....................... $1,060,229
$458,772
$109,116
$349,656
1894........................
923,551
366,113
131,569
234,544
D ividend —D ividends of 4 per cent annually have been paid, but in
1896 paid 2 p. o.; in 1897, April, % p. o.; July, \ p.o.; Oct., % p. c.: in
1898, Jan., % p. c., was declared. The O ct.,’97, and Jan.,’98, divi
dends were paid in March, 1898, upon dissolution of injunction.
ROAD—The company operates 84 miles of track in the city of Cleve
land and suburbs on 41 miles of streets, extending 6 miles east and
west of city limits. Weight of rails 82 and 98 lbs.
OFFICERS—President, M. A. H ann a; Vice-President, F. De H. Rob
ison ; Secretary and Treasurer, J. B. Hanna. — 62, p. 363, 664.
V.
C L E V E L A N D & C H A G R IN F A L L S E L E C
T R I C R A I L R O A D —A trolley road.
O r g a n iz a t io n — Incorporated in December, 1895, to build and oper
ate a passenger and freight road between Cleveland and Chagrin Fails,
14 miles, to furnish heat, light and power, and own pleasure resorts.
S tock A B onds —
Date. Interest. Outstand'g. Maturity.
Stock ....7 .................................................... $300,000 ...................
1st M., $200,000, g.,red. aft.) 1896. 6 g. M -N
150,000 May 1,1916
May 1,1906 ($500)......c* J Int. at Guardian Trust, Cleve., trustee.
Road —I n November, 1897, 14 miles of track had been laid. In
August, 1898, extension begun from Chagrin Falls to Burton, 18
miles, under charter of Cleveland & Eastern Ry., and it was said the
line would later be extended to Warren, thus forming a continuous
lne from Youngstown to Cleveland.
President, Vincent A. T aylor; Vice-President, M. A. Sprague; Sec
retary, C. F. Lowe; Treasurer, Wm. Prescott.
C L E V E L A N D & E A S T E R N R R . —Trolley.
O r g a n iz a t io n — incorporated to construct an electric road from
Cleveland through Cuyahoga, Geauga and Ashtabula counties to the
Pennsylvania State line, between 60 and 70 miles. Stock authorized,
$1,2Q0,OOO; issued, $100,000. Bonds will be authorized, Cleveland
Tyust Co. to be Trustee. In July, 1898, construction was said to have
been begun to Burton via Chardon, 40 miles, and was expected to
be completed during 1898.
President, H. P. McIntosh; Vioe-President, H. A. Sherwin; Secre
tary and Treasurer, E. G. Tillotson.
C L E V E L A N D
E L E C T R IC
R A IL W a y O r g anization —K nown as the “ Big Consolidated.” Consolidation
of the Cleveland Electric and Cleveland City has been proposed.
S tock & BONDS—
Date. Interest. Outstand'g. Last div., etc.
Stock ($100)........................ ......
Q.-J. $12,000,000 Apr.5,’98,%%
C L E V E L A N D
M E D IN A
&
S O U T H E R N
Bonds assumed—
J 1892 5 M -S
1,000,000 March, 1910
E. Clev.RR. Is tM .($1,000) ( Interest at Central Trust Co.. New York.
E L E C T R I C R A I L W A Y —To be a trolley road.
Brooklyn St. 1st $1,000...
1883 6 M -S
300,000 Sept. 1,1903
O r g a n iz a t io n — Incorporated in October, 1897, to build to Cincin
do mort. 1890 $1,000...
1890 6 M -S
300,000 Sept. 1,1903
ftnn
5 1888 6 M -8
300,000 Sept. 1,1903 nati via Columbus. In Aug., 1893, had let contracts for grading and
South Siae ist q>i,uuu...... £ int. iu Phila, at Fidelity Ins. Tr. & Safe Dep.
overhead work as far as Wooster, 52 miles, and 30 miles had been
Cleveland Electric By.—
~
tu1893 5g. M - S
1,850,000 Mch. 1,1913 graded and bridged.
Con.M. ($1.000) gold.o & r | jQ^ at trustee,Central Trust Co.,N.Y. City.
S tock & B o nds —
Date.
Interest.
Outstand'g.
Maturity.
DlV DENDS— The quarterly dividend was passed in January, 1896, Stk., $750,000(par$100) .................... ................................................
1st mortgage, $500,000 (1898
5 J-J
(1)
July 1,1918
owing to large payments for improvements and settlement of back
($500 each..... ......... ( Interest at Company’s office, Cleveland, O.
The Cleveland Trust Co. is trustee of the mortgage.
claims; in April, 1896, paid % p. c.; in 1897,3 p. a ; in 1898, Apr. % p. o.
INCORPORATORS—F. C. Goodman, Joseph W. Roof, William Hackney,
BONDS— Consols of iSgj for $1,900,000 reserved to retire the bonds
assumed Bonds in excess of $3,500,000 (including the $1,900,000 re Adelbert R. Gibson, Geo. R. Me Ray, etc.—V. 67, p. 319.
Lane °
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THE
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31
RAILW AYS.
C O L U M B IA T R A C T IO N L IG H T & P O W E R —
C L E V E L A N D P A IN E S V IL L E & E A S T E R N
Organized in 1898 to buy and own the entire street railway system
R A I L R O A D —('-See M a p , page 3 0 .)—A. trolley road.
O R G A N IZ A T IO N , E t c .—I ncorporated April 25, 1895. Road com and electric-lighting plant in Columbia. Stock. $500,000. Incorpor
ators—I. L. Withers and F. H. Weston, of Columbia; F. F. Williams
pleted In August, 1896.
and Willet Hazard, of Buffalo, N. Y.
S T O C K & B onds —
Date. Interest. Outstand’g.
Maturity.
Stock, $1,000,000....................................... $1,000,000 ...................
1st Mort., gold, $500,000.) 1896 5 g .A - 0
500,000 Apr. 1,1916
($1,000 each)............. c* s Interest at State Trust Co., N. Y.
_ T .
«A n n n n
5 1897 6
J -J
279,000 July 1,1907
P opulation 1890 w as 17,303; in 1880 w as 10,123;
Debentures $500,000...... £ int. at Dime Sav. & Bkg., Glev., trustee.
and in 1870 w as 7,401.
Trustees of mortgage are State Trust Co., N. Y., and Cleveland
C O L U M B U S R R . —Part trolley; part steam.
Trust Co., Cleveland, O. Bonds authorized at $25,000 per mile. On
O r g a n iz a t io n —Owns and operates the street car system of Colum
Jan. 1,1898, current liabilities were $220,000.
Road —Owns road from Euclid, Ohio, to Painesville, 18’87 miles, and bus, the belt passenger and freight lines, connecting with all pas
uses Cleveland Electric Ry. from Euclid to Public Square, Cleve., 10 senger and freight depots, and a large briok, metal roof warehouse
miles; “ Shore Branch ” (Willoughby to Cleveland, built in last half of and general storage building; also an electric light and power system.
1897) , 14-39 miles; total track (including 4 ^ miles of double), 37-76 Securities—New bonds are first mortgage 5s due 1937, for $450,000,
miles. Rails 68-lb. girder on old line and 70 lb. T on Shore Branch; and second mortgage 6 per cent non-cumulative incomes, due 1937;
23 motor cars. Power house is at Willoughby and uses water from $30,000 of the firsts are reserved to retire an equal amount of under
Chagrin River free. In April, 1898, it was reported that an extension lying bonds due 1913 and $20,000 to build bridge across river.—V. 66,
p. 759.
would be built eastward during 1898 to Geneva, 18 miles.
R o a d — Operates 241 miles of track.
«
L a t e st E a r n in g s — 7 months) 1898....Gross, $55,336; net, $2t,Oo9
Jan. 1 to July 31.
51897....Gross, 45,388, net, 21,537
OFFICERS—President, John F. Flournoy; Vice-President, W. D.
EARNINGS—For year ending Dec. 31,1897, gross, $87,533; net, $40,- Stratton; Secretary and Treasurer, P. W. Briggs, 100 Broadway, New
York; Super, and Purch. Agent. W. D. Keene.—V. 66, p. 759.
618; interest on 1st mortgage bonds, $25,000.
OFFICERS—President, C. W. Wason; Vice-President, J. A. Biedler;
Treasurer, E. W. Moore; Secretary, F. S. Borton. Directors (January,
1898) - Henry A. Everett, I. N. Topliff, W. F. Carr, Fred. Storm, C. W.
P opulation 1890 w as 88,150; in 1880 w as 51,647;
Wason, E.W. Moore and J. A. Beidler.—V. 63, p. 356,458; V. 64, p. 284and in 1870 w as 31.274.
C O L U M B U S S T R E E T R A I L W A Y - A trolley road
L O R A I N & C L E V E L A N D R Y .-(S e e map, page 3 0 .)
O rganization—Organized in May, 1892.
A trolley road.
c m n i & Ronds —
Date. Interest.
Outstand’g Last div., (6c
O r g a n i z a t i o n — Chartered in 1895. Owns and operates 19 miles be
stockB. N.
O DS: .................
Q .-F .
$3,000,000 A u g . l ’98 1%
tween Rooky River and Lorain and running to Public Square, Cleve clpitelK
Col. Con. Street RR. 1st) 1889 5 g. J. - J.
719,000 July 1,1909
land, on Cleveland City Ry. Power house is at Avon Beach Park,
mortgage, gold........... s Interest at Central Trust Co., N. Y.
Col. St.Ry.lst $3,000,000 (1892 5 g. J. - J.
2,281,000 July 1,1932
using water from Lake Erie.
gold.........................0* 5 Interest at E. W. Clark & Co., Phila.
STOCK & Bonds—
Capital stock, $1,000,000 (increased from $500,Bonds guaranteed—
___ _
_ _. __
000 in August, 1897). First mortgage authorized, $1,000,000 of 5 p. c. Crosstown 1st mort., $2,-) 1893 5 g. J .-D .
561,000 J u n e 1,1933
000,000 g. gu. p. & i. o.* s
Knickerbocker Trust Co., N. Y., Trustee.
gold bonds; $700,000 issued, dated July 1,1897, due 1927; $1,000
•each, r & J. Trustee, Cleveland Trust Co.; interest there or Old Col Bills payable Jan. 1,1898, $125,500.
Bonds.—The first consol, mortgage of 1892 is for $3,000,000, of which
ony Trust, Boston. President, B. Mahler; Vice-President, E. G. Tillot$719,000 are in hands of trustee (Knickerbocker Trust Co., N .Y .) to
son; Secretary, James B. Hoge: Treasurer, E. W. Moore.
retire the Col. Consol. St. RR. firsts. The Crosstown Street Ry. 1st M. is
for $2,000,000, of which the balance unissued may be sold for exten
sions at $30,000 a mile. Principal and interest of the Crosstown bonds
are guaranteed by Col. St. Ry. Co., which owns all the stock and operates
P o pulatio n 1890 w as 22,509: in 1880 w as 19,416;
property under a perpetual lease. Guaranty endorsed on each bond.
AND IN 1870 was 15,357.
D ividends —! 892, 3 per cent; 1893, 2 p c.; 1894, l 1 p. c.; in 1895,4
«
C O H O E S C I T Y R A I L W A Y . - A trolley road.
p. c.; in 1896,4 p. 0.; in 1897,4 p. c.; in 1898, Feb., 1 p. c.; May, 1 p.c.;
O r g a n i z a t i o n — Chartered in 1894 and controlled by the same in Aug., 1 p. c.
terests as the Albany Railway with which connection is made.
Ro a d .—Operates 64-17 miles of track in Columbus, etc. (counting all
STOCK & B onds -»ateMaturity.
as single track), as follow s:
Stock (par,.$20)........................... 2%yr.’95-6 $50,000
............
Road owned.
Miles. |
Road leased.
1st M., gold, $50,000....... 1895
6 g., J-J
50,000 July 1,1905
2d m T go ld.!.:... . ........... - 1896
,
6.g.,J-J
35,000 May 1,1906 Main line............................ 51-17 |Crosstown St. Ry...................... 13
Rails, 45 to 93 lb. girder and 60 to 80 lb. T. Owns 84 closed motor
L a t e s t E a r n in g s —6 mos , ) 1898..Gross, $14,060; net,•def., $1,156
Jan. 1 to June 30.
5 1897..Gross,
9,719 ; net, def., 3,748 cars, 67 open motor cars and 14 trail cars.
L a t e st E a r n in g s —7 months,) 1898.Gross, $384,587; net, $197,788
Loans payable (June 30,1898,) $23,633. Year ending June 30,1898,
Jan 1 to July 31.
$1897.Gross, 334,635; net, 173,838
• gross, $23,321. In 1895-96, gross, $27,083; net, $8,350; interest and
A n n u a l R eport —Fiscal year ends Dec. 31. Report for 1897 was
taxes, $3,169; dividends (2 p. c.), $1,000; bal., surplus, for year, $4,181.
R o a d — Track, 6*6 miles. President, John W. McNamara, Albany, N.Y. given in V. 66, p. 381. Earnings have been as follows:
1897.
1896.
1897.
1896.
Gross earns...$605,921 $626,961 Dividends......$120,000 $120,000
4,293
6,379
Net earnings.. 319,047
318,516 Surp. for year.
204,923
Other income.
5,397
4,362 Tot.sur.Dec.31 196,638
Fixed charges. 200,151
196,500
P o pulation 1890 w as 11,140; in 1880 w as 4,226.
O f f ic e r s — Pres., Robert E. Sheldon; 1st Vice-Pres. andTreas., E. K C O L O R A D O S P R IN G S R A P ID T R A N S IT R Y .
Stewart; Sec. and Auditor, P. V. Burington;- General Supt. and Pur.
O r g a n i z a t i o n — Chartered in 1890. Franchise is perpetual and is Agent, W.F. Kelly. INDEX—v. 65,p. 824,1023; V. 66, p. 381, 857.
«aid to give “ practically exclusive” rights in the city.
QTnn< & Ronds — Miles. Date. Interest. Outstand’g.
Maturity.
C O L U M B U S C E N T R A L R Y . —A trolley road.
Stock (par $100)..........................................
$500,000 f.p.........
O r g a n iz a t io n — Chartered in 1893; franchise runs till 1917. It has
1s t M .,$ 1,000each...
1890 6 A -O
350,000
1910
Consol. M., $1,000 ea.,) 27
1891 6 g A - 0
150,000 Apr. 1,1921 been proposed to sell road to the Columbus Street Ry. George H.
Worthington of Cleveland, O., is receiver.—V. 63, p. 402.
for $500,000, gold.. 5 Subject to call after October 1,1896.
B o n d h o ld e r s ’ C o m m it t e e —g . h . Worthington, J. v. Painter;
Interest is payable at Chemical National Bank, New York City.
Consolidated mortgage was originally for $750,000, of which $350,000 M. T. Herrick, all of Cleveland; H. L. Breneman and T. C. Campbell,
reserved for first mortgage, and balance was issuable at $20,000 per of Cincinnati; Secretary, F. N. Bendelari, Columbus, Ohio; depository.
mile of new single and $30,000 per mile of new double track; but the Guardian Tr. Co., Cleveland. About $1,300,000 bonds deposited.
STOCK & Bonds — Miles. Date. Interest. Outstand’g.
Maturity.
total issue has since been limited to $500,000 by the cancellation of
Stock (par $100)..........................................
..........
$250,000 of the bonds. Trustee, Central Trust Co., N. Y.
Receiv’s ctfs.(seetext) ..... .............. 12,000
........
Road —Owns 281 miles of track, and June 1, 1895, began to op 1st mortgage, $1,500,- 5 ___ 1893 5g. M -N 1,500,000 May 1,1913
a
000, gold.................( May, ’96, coupon the last paid.
erate the Manitou Electric Railway & Casino Company’s line, l 1 miles.
«
Mortgage trustee is the Savings & Trust Company of Cleveland, O.
ANNUAL R eport —For year ending Dec. 31,1897, earnings w ere:
In July, 1898, the stockholders were held liable for debts of com
1897.
1896. I
1897.
1896.
Gross earns...$142,664 $152,032 Fixed charges...$33,912 $34,081 pany—see V. 67, p. 73.
Net earnings.. 57,889
65,129 I Balance, surplus 23,977
31,048
Road —I n May, 1896, reported to have 34 m. of track.
O FFIC ERS— President, F. L. Martin; Vice-President, E. J. Eaton
E a r n in g s — From Oct. 1,1896, to March 1,1898,17months, receiv
Secretary, Treasurer and Gen. Man., A. L. Lawton; Supt. and Pu r
er’s report shows: Gross, $128,265; operating expenses, $139,471
chasing Agent, D. L. Macaffree.
deficit, $11,205.
_____________________
C O L U M B U S , GA.
C O L U M B U S , O H IO .
CO H O E S, N. Y .
C O L O R A D O S P R IN G S , COL.
C O N C O R D , N. H.
C O L U M B IA , S. C.
P o pulatio n 1890
w as 15,353; in 1880 w as 10,036;
and in 1870 was 9,298.
C O L U M B IA
E L E C T R IC
S T R E E T
W A Y L I G H T & P O W E R —A trolley road.
R A IL
STOCK & B onds —
Miles. Date. Interest. Outstand’g. Maturity.
Stock,$75,000(par$100) ............................... $75,000f.p. . . . . . . . . . . . . .
1st M m gold, $1,000...0* ....... 1892 6g. M -N 150,000
May 1,1922
Interest is payable at Mercantile Trust & Deposit Co., Baltimore.
R o a d — Operates 10 miles of tra<jk.
O f f i c e r s — President and General Manager, J. Q. Marshall; VicePresident, Dr. T. T- Moore; Secretary. W. H. Lyles.
17,004; i n 1880 w a s 13,843 ;
1870 w a s 12,241.
C O N C O R D S T R E E T
R A I L W A Y —A trolley road,
extending from the central wards of Concord to Penacook.
STOCKS & BONDS—
Date. Interest. Outstand’g.
Last div., etc.
Stock, com., $100,000...........................
$50,000
.................
Pref., cum., $100,000. ... ...
6
50,000
1895-96,6%
First mortgage, $150,- ( 1893
5 J-D
118,500
Deo., 1913
000....................... o*< Subject to call in 1898 to 1902, inclusive, at
($500 each.)
{
102; in 1903 and thereafter at par.
Inter st 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 lo n g; total track, 121 miles
2
P
o p u l a t io n
1890
w as
a n d in
32
STREET
RAILW AYS
EARNINGS—For years ending June 30 earnings were :
1897.
1896.
1897.
1896.
Gross earnings..$49,529 $49,626 Interest and taxes.$6,485 $6,187
Net earnings___ 6,050
3,562 Dividends......................
3,000
Other income....
250
1,033 B alance.............def. 185def.4,592
O f f ic e r s — President and Purchasing Agent, J. H. A lb in ; Treasurer
and Clerk, A. B. Cross.
City Street By. and Queen City By. sold in foreclosure. The road
has, exclusive of switches, 34 miles of track. Stock authorized,
$1,000,000. A mortgage for $800,000 securing, it is understood, 20year 5 per cent bonds was made in July, 1898, to the Union Trust Co.
of St. Louis as trustee. President, C. H. Alexander, Dallas.—V. 66, p.
185; V. 67, p. 176.
C O R T L A N D , N. Y .
o p u l a t io n
1890
D A L L A S
& O A K
C L IF F E L E C T R IC
R Y A trolley road. Chartered May, 1887. Operates 11 miles of track
President, H. C. Scotti Yice-Pres’t, C. F. Carter; Supt., B. F. Sibert.
8,590; i n 1880 w a s 4,050;
a n d i n 1870 w a s 3,066.
C O R T L A N D & H O M E R T R A C T I O N —Trolley.
O rganization Chartered May 14,1894, and purchased the entire
capital stock ($150,000) of the Cortland & Homer BB. 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.
S to ck & B o n ds—
Date.
Interest. Outstand’g.
Maturity.
Stock......................................
.........
$300 000
1st M.,$300,000, gold,) 1894 6 g. A. - O. 300,000 Apr. 1,1924
free of t a x .......... c* j Interest at Farmers’ Ln. & Tr. Co., N ew York.
ROAD— Operates 10-57 miles of track between Cortland and Homer
and Cortland and McGrawville, completed in 1895. Bail is 60-lb. T .
EARNINGS-Year ending June 30,1897, gross, $31,904; net, $14,304;
other income, $4,980; interest and taxes, $18,600; surplus for year,
$683. In 1895-96, gross, $33,188; net, $13,620.
OFFICERS—President, C. D. Simpson, Scranton, Pa.; Secretary,
Horace E. Hand, Scranton, Treasurer,------- .
P
w as
C O T T A G E C IT Y , M A SS.
C O T T A G E C I T Y S T R E E T R Y . - A trolley road.
O rganization —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.c. Owns line 5-4 miles in length; sidings, *2 m.
E a r n in g s — For year 1896-97, gross, $4,376; net, $196; charges
$2,074; dividends, $1,396. Boston office, 21 Milk St., Boston. Mass. ’
C O U N C IL B L U F F S , IA . —
see o m a h a
.
C O V IN G T O N , K Y .
P opulation 1890
w as 37,371; in 1880 w as 29,720;
and in 1870 w as 24,505.
C IN C IN N A T I
N E W P O R T
&
C O V IN G T O N
R A I L W A Y —A trolley road.
O r g a n iz a t io n —Organized in 1892 to buy up and consolidate all thf
roads on the Kentucky side of the river, opposite Cincinnati. Sec
particulars in Supplement for May, 1898.
In December, 1896, control was obtained by a syndicate and the
officers given below were elected.—V. 64, p. 41.
D A L L A S
R A P ID
T R A N S IT
R A I L W A Y —A trolley road.
C R IP P L E C R E E K , COL.
T E R M IN A L
O rganization —Successor to Dallas Bapid Transit, December, 1894.
Capital stock $100,000; par, $100. It is not intended to issue bonds
except for improvements and extensions. None issued to May 1.1898.
Has 13 miles of track on 13 miles of streets. President, W. F. Thayer,
Concord, N. H.
N O R T H
D A L L A S
C IR C U IT
R A I L W A Y .-A
trolley road, embracing, it is said, 4 miles of track. Stock $ 100,000.
There are $100,000 of 6 p. o. 30-year bonds owned by the stockholders
and on which no interest is being paid. President, B. A. Ferris.
D A N B U R Y , CONN.
P
o p u l a t io n
1890
an d
w as
in
16,552; i n 1880
1870 w a s 8,753.
11,666;
w as
D A N B U R Y
&
B E T H E L
S T R E E T
R A IL
W A Y —A trolley road.
O r g a n iz a t io n .— Has a perpetual special charter, the only street car
company serving the city of Danbury and town of Bethel. Its lines
also extend to the Danbury Fair Grounds and the pleasure resort of
Lake Kenosha. The population served is estimated at over 30,000.
„STO C K & B o n d s —
Miles. Date. Interest. Outstand’g. Maturity•
Stock ($323,000, par$25) ................. Below $320,000Nov.15, ’97, 2
1894 5g. M -N 200,000
M ayl,1914
1st M. $200,000, gold.............
Interest in Boston at Am. Loan & Trust Co., trustee.
Dividends in 1896, Jan., 2 ^ p. 0.; in Oct., 2 p. c.; in 1897, 4 p. c.
Road —On Oct. 1,1897, owned road in Danbury and from Danbury to
Bethel, etc., 10-6 miles in all; sidings, etc., 55 miles; total, 11-15 miles.
E a r n in g s — For year ending Sept. 30:
„
_
Gross.
Net.
Int. & taxes. Dividends. Bal., stir.
1896-7,.......... $62,483
$26,771
$13,184
$12,800
$787
1895-6........... 65,160
23,414
13,123
8,000
2,291
OFFICERS—President, Samuel C. Holley, Danbury, Conn.; Vice-Presi
dent, S. Harrison Wagner, New Haven, Conn. Directors—S. C. Holley,
Arthur E. Tweedy, Henry Bernd, M. H. Grilling, M. MoPhelemy, A.
W. Holley, all of Danbury; S. Harrison Wagner, New Haven.
D A N V IL L E ,
P
S to o £ (ilfc )B® 0 0 ,0 0 0 . .. f | g
i f S
g K l 'o I » « 'Underlying Bonds—
So. Cov. & Cin. 1st M ....... 1882 6
M -S
250,000
Mch., 1912
Consol. M„ $500,000 gold, i I 8?2
150,000 Jan. 1,1932
„
. ’ . ’
Interest at Am. Ex. Nat. Bank, N. Y. Citv
Newp. &Day.St.Ry. 1st M. 1887 6
....
100,000 Aug. 1 1917
Omcvrynah Newport <6 Oomngton
8 ’
l8L « ° ? 5 o1- P orL g o ld , $3,-) 3.892 5 g. J - J
2,500,000 Julv 1 1922
000,000 ($l,000) .c* & r ( Trustee Farmers’ Loan & Trust Co. of N Y
2d
$1,000,000, \ !896 5 g.
500,000 Julv 1 1922
gold ($1,000 each)......e > Trustee Farmers’ Loan & Trust C o./n . Y .
Bond!*-Of the ls f consolidated of 1892 $500,000 are deposited with
the trustee to retire all the underlying mortgage bonds. The perpetual
charters of constituent companies are kept alive, and their capital
stocks are deposited with tae trustee as collateral for the first consols.
Second mortgage 5s for $500,000 were sold in December, 1896.
Road —Connects Cincinnati, Newport, Covington, Dayton, Bellevue
Ludlow, Bromley and Ft. Thomas. Total in operation in May, 1897,56
m iles; laid with 80 Johnston girder and 72-pound “. T ” rails.
ANNUAL R eport —E arnings for years ending Dec. 31, w ere: 1897
gross, $638,477; net, $211,197; interest charges, $183,073; bal., sur
plus, $28,124. In 1896, gross, $644,044; net, $180,045. In 1895
gross, $624,033. In 1894, gross, $497,948.
OFFICERS—(Elected February, i 8q8. ) ~ President, James C. Ernst;
Secretary and Treasurer, George M. Abbott.—V. 66, p. 706.
&
o p u l a t io n
1890
w as
11,491;
ILL.
in
1880
w as
7,733.
D A N V IL L E
G A S
E L E C T R IC
L IG H T
&
S T R E E T R A IL W A Y .
Company estimated population in 1896 at 17,000.
♦
STOCK & B o n d s —
Miles. Date. Interest. Outstand’g. Maturity.
Stock, $350,000..............................................
$350,000 ...............
1 $h0b030.°!?00A g. li* \ 81< 1896 6 g. M -N
O
*
300,000 1899-1916
Bonds—The bonds are due $7,000 each May 1,1899-1906; $8,000*
1907-1915, and $172,000 in 1916; mortgage trustee is the American
Loan & Trust Company of Boston.
COMPANY’S P roperty—The company Jan. 1,1897, 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 o f10,000incandescent and400 arc lights, with dynamos for fur nishing power to street railway. 3. The entire street railway system
of the city, 8*2 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.
E a r n in g s — From January 1 to June 30, 6 months, in 1898, gross,
$53,008; net, $23,929; in 1897, gross, $50,831. Earnings for years
ending April 30 were as follow s:
.----------Gross.------— ,
---------- Net.---------- >
Tear ending April 30—
1897.
1896.
1897.
1896.
G a s .............................. $18,771
$18,097
$7,514
$6,751
Electric Light...............
54,726
47,876
29,974
24,971
Street B ailw ay....... ....... 28,735
29,036
7,561
8,502
C R IP P L E
C R E E K
D IS T R IC T R A I L W A Y —
Total........................$102,232
$95,009
$45,049
$40,224
A trolley road.
Taxes and insurance............................................. $3,304
$2,440
ORGANIZATION—Has municipal franchises, granted in 1896, for 25 Interest on bonds................. ............................ .
18,000
18,000
years. Chartered in 1897 for 50 years.
Balance, surplus, for y ear.............................. $23,745
$19,784
BONDS—First mortgage, gold, coupon 5s; authorized, $1,250,000O f f ic e r s — President, F. W. Penwell; Vice-President, A. C. Daniel;
all issued; $1,000 each, aue 1948, A & O; interest at Central Trust
Company, N ew York, trustee.
Sec., Treas., Gen. Man. and Purch. Agt., E. X. Leseure.—V. 65, p. 1114
Road —From Cripple Creek to Victor, 7 miles; operated from Janu
ary, 1898, and 32 additional miles, Colorado Springs to Cripple
Creek, under construction. President, H. C. S. Dyer; Vice-President
and Gen’l Manager, L. D. Ross; Secretary and Treas’r, J. L. Lindsay.
P o p u l a t i o n 1890 w a s 26,872; i n 1880 w a s 21,831;
a n d i n 1870 w a s 20.038.
D A V E N P O R T , IO W A .
D ALLAS, TEXAS.
P o pulatio n
in 1898
T R I-C IT Y
w as 64,224; in 1890 w as 38,067
and in 1880 was 10,358.
D A L L A S C O N S O L ID A T E D E L E C T R IC ST
R Y . —Trolley.
O r g a n iz a t io n —A consolidation in February, 1898, of the Dallas
R A I L W A Y —A trolley road.
O r g a n iz a t io n — Incorporated in September, 1895.
STOCK & B o n d s —
Date. Interest. Outstanding.
(estimated )
Maturity.
Stock ($600,000 auth.)...........................
$420 000
y
«_
t ,
H
* f 1891 6 g J - J
630,000 J u ïy "i;Ï9 0 l
D a v .& B -1-, 1st M-, gold..c* I
(Part due yearly) to July 1, 1911
$1,000,000($500 & $1,000) 1Int. payable inN. Y. atChaseNat. B ’kand
l in Chicago at 1 1 Tr. & Sav. Bk., Trustee.
1.
t,
33
STREET RAILWAYS,
Road —Owns 42 miles of trolley road and one mile of horse road,
■comprising all- the street railways in the cities of Davenport, Iowa,
and Rock Island and Moline, 1 1
1 .—combined population over 70,000.
E ar ning s —F or year ending Sept. 30, 1897, gross, $205,159; net,
$66,672; other income, $4,340; interest and taxes, $44,183; balance,
surplus for year, $26,829.
O F F IC E R S — President (Oct. ’97), Edward E. Cook, Davenport; Sec.,
Treas. and Purch. Agent, J. F. Lardner, Davenport, la.—V. 61, p. 753.
D A Y T O N , O H IO .
P opulation 1890
was 61,220; in 1880 was 38,678;
and in 1870 WAS 30.473.
C I N C I N N A T I
H A M IL T O N
&
D A Y T O N
T R A C T I O N C O . —A steam motor road.
O R G A N IZ A T IO N —Incorporated at Columbus, Ohio, in January, 1897,
and operates a rapid transit line, Hamilton to Middletown, with steam
motors, in connection with the Cincinnati Hamilton & Dayton Rail
way.—V. 64, p. 82.
C IT Y
R A IL W A Y
C O . —A trolley road.
O R G A N IZ A T IO N — Franchise run for 50 years from Feb. 8, 1892, and
A pril 19, 1893.
STOCK & B o n d s —
Date. Interest. Outstand'g. Maturity
Com. stock, $1,500,000 ($100)............ 5 p. c. $1,470,600 1897, 5%
Pref. stock, $600,000 ($100)............ 6 p. c.
600,000 1897, 6%
Dayton & Soldiers’ Home >
1891
6J -J
65,000 Jan.1,’ 11
RR. 1st m ortgage......5 Interest at Chemical Nat. Bank, N. Y. City.
D ividends —I n 1897 there had been paid on preferred6 per cent and
on common 5 per cent for several years.
Road —Operates in all 26 miles of track, comprising 13 miles of double
track on Third Street, Fifth Street, Huffman Avenue, etc.
O F F IC E R S — President, D. B. Corwin; Secretary, W. H. Simms.
D A Y T O N S P R IN G F IE L D & U R B A N A E L E C
T R I C R A I L W A Y —To be a trolley road. Incorporated to
construct a road from Dayton to Springfield and Urbana, 38 miles. In
July, 1898, it was expected to have the line in operation between Dayton and Springfield, 26 miles, during Sept., 1898, President, Fred
Colburn, Springfield, O.; Sec., J. Q-. Webb.
Date. Interest. Outstanding. Maturity.
S tock and B o n d s —
$1,100,000 ....... ........
Stock, $1,100,000, $100.. .....................
1st mort., $500,000, gold,' 1897 5 g J - J
450,000 Jan. 1, 1927
($200) redeemable after Trustee Union Sav. Bk. & Tr., Cincinnati, O.
Jan. 1, 1902................. ‘
President, John A. McMahon.—V. 62, p. 1140.
D E C A T U R , IL L .
P opulation 1890
was 16,841; in 1880 was 9,547;
and in 1870 was 7.161.
C IT Y
E L E C T R IC
R A I L W A Y —A trolley road.
O R G A N IZ A T IO N —Chartered in 1891, and in 1892 consolidated with
Decatur Electric Street Ry. and Citizens’ Electric Street Ry. Franchise
runs till 1911. Company’s officials report population in 1895 as 26,000.
STOCK & B o n d s —
Date. Interest. Outstand'g Maturity.
Stock ($300,000 authorized).......................... $175,000 ...................
Preferred stock.............................
text.
125,000 Sept., 1895
1stM .($175,000 authorized) ( 1892 6g. M -S
175,000 Moh. 1, 1912
gold, $500, no option...... 1 Interest at American Trust & Savings
t Bank, Chicago.
DIVIDENDS—In September, 1895, declared 12 per cent dividend,
covering two years, on the preferred; none since to November, 1897.
ROAD—Operates 13 miles of trolley track. Rails 40 to 50 lb.
O F F IC E R S — President, D . S. Shellabarger; Secretary, Treasurer a n d
Purchasing Agent, W. L. Shellabarger.—V. 61, p. 558.
D E N V E R , C O L.
POPULATION 1890 WAS 106,713; IN 1880 WAS 35,629;
AND IN 1870 WAS 4,749.
C O L F A X
A V E N U E
E L E C T R I C - A trolley road.
STOCK & B o n d s —
Miles. Date. Inter't. Outst'dg. Maturity.
___
Stock..................... ....... ................................... $150,000
IstM ., cur’oy ($500 & $1,000) o* ..
1891 6 J-J 150,000 Jan.1,’11
ROAD—Operates 10*4 miles of track in city of Denver, Col.
O f f ic e r s — President, S. M. Perry; Vice-President, C. E. Dickinson;
Superintendent, F. A. Perry; Treasurer, T. S. Hayden.
D E N V E R
C I T Y R A I L R O A D —A cable and horse road.
O r g a n iz a t io n — A reorganization in August, 1896 (per plan in Su p
plem ent for May, 1896,) of the Denver City Cable Ry., sold in fore
closure September 10, 1895.—V. 61, p. 470. The old stock paid an
assessment of $10 per share. Owns West End Street Ry., lO 3 miles.
*
R e o r g a n iz at io n —In March, 1898, the following protective com
D A Y T O N
S P R IN G
V A L L E Y
A N D
W IL
M I N G T O N T R A N S I T —To be a trolley road. Projectedfrom mittee was formed by the bondholders—F. P. Olcott, Chairman; Wm.
Dayton, via Bellbrook and Spring Valley to Wilmington, 34 miles. L. Bull, Charles H. Merriman, David S. Baker, Arthur K. Hunt,
Considerable grading had, in July, 1898, been done between Dayton Committee; J. N. Wallace, Secretary, 54 Wall Street, New York. The
Central Trust Co., 54 W all Street, is depositary for the securities
and Bellbrook. President, J. M. Wilson, Dayton, Ohio.
represented by this committee.—V. 66, p. 618.
STOCK & B o n d s —
Date. Interest. Outstanding.
Maturity.
D A Y T O N T R A C T I O N —A trolley road.
.............
$2,500,000
O r g a n iz a t io n , E t c .— Incorporated in 1893. The Cincinnati & Capital stock ($100)..................................
1st pref., 6 p. o. non-cum...........
.......
1,000,000
.............
Miami Valley Traction Co. (see Hamilton, Ohio,) operates from Miamis- 2d pref., 6 p. c. non-cum.........................
200,000
burg to Hamilton, 26 miles, and has leased Dayton Traction, thus- 1st mort., gold $4,000,000) 1895 3to5g.J-J 3,800,000 Jam 1,1920
($1,000 each) (text) .. . 0*3 Trustee, Central Trust Co., New York.
forming a through line from Dayton to Hamilton. Lease runs for
Bonds—No interest has been paid on the new bonds.
999 years, from April 18, 1898, guaranteeing dividends at 2*2 per
R oad —Miles of main line, 24; second track, 22; total track, 46
cent per annum to Jan. 1, 1899, then 3 ^ per cent to Jan. 1,1900,
miles, of which cable lines, 30 m.; horse car lines 5 m.; electric, 11 m.
thereafter increasing under certain contingencies ^ per cent per an
num up to 6 per cent, and to be 6 per cent without qualification after In June, 1898, the Board of Aldermen voted to allow change of mo
Jan. 1,1905; also interest on $250,000 1st 5s and principal and inter tive power to electricity and to extend its line on certain streets.
OFFICERS—President, George H. Holt; Secretary and T re a su re r,»
est of $50,000 debenture 6s assumed.—V. 66, p. 1237.
D. L ’H uillier; Gen. Man. and Purch. Ag., E. C. Baggs —V. 66, p. 616
STOCK & B o n d s — Date.. Interest.
Outstanding.
Maturity.
Stock (par $100)............................
$250,000
.......
D E N V E R
C O N S O L ID A T E D
T R A M W A Y -A
Istmtge. $250,000 < 1896 5g. J-J.
250,000
July 1,1916
g. ($l,000i ass .c* ( Interest at Finance Co. of Penna., Phila., trustee. trolley road.
Debent., g., guar. s .)
O r g a n iz a t io n — Consolidation in 1893 of Denver Tramway and Met
f., $2,000 yearly £ -----6g. M-S.
50,000
Mar. 1,1913
ropolitan Street RR. Co. Bond s are all $1,000.
beg. July, 1898 . )
S tock and Bonds — Date.
Interest.
Outstand’g.
Maturity.
R o a d — Dayton to Miamisburg, Ohio, l l ^ miles of road; second track,
Capital stock ("$100 sh.).......
J.-J.
$3,000,000See text.
1H miles; rails, 60 and 70 lbs. Connects at Miamisburg with Cincin Denver Tramway 1st, g.1888
6 g. J.-J.
498,000 July 1, 1908
nati & Miami Traction for Hamilton, Ohio.
Consol. M., gold..c*&r.1890
6 g. J.-J.
1,219,000 Jan. 1,1910
6 g. J.-J.
953,000 Jan. 1,1911
O f f i c e r s -President, Dennis Dwyer; Secretary, Albert Emanuel; Met. St. RR. 1st, gold...1891
Denver Con. _ ____
Tramway.) 1893
.
5 g. A.-O.
922,000 Oct. 1,1933
^
Treasurer, O. B. Brown. Executive Committee; I. H. Silverman and
Con.M.,$4,000,000,g s Interest at Mercantile Trust Co., N. Y., trustee.
Richard Sutro.—V. 66, p. 1237.
Collateral trust notes,) , oaa
^
$326,000................j £ 1896
6 p. c.
$276,000 Oct, 1,1900
Bills payable June 30, ’97......................
57,583
D A Y T O N & W E S T E R N T R A C T IO N —
Bonds—The consolidated mortgage of 1893 is for $4,000,000, o f
O r g a n iz a t io n — Incorporated Feb. 1 0 , 1897, with authorized capital
which $2,670,000 reserved to retire prior liens. Full abstract of the
stock $400,000. In April, 189s, made a mortgage to the Central Trust
consol, mortgage of 1890 was in V. 52, p. 354.
Co. as trustee to secure $400,000 25-year $1,000 five per cent bonds.
The collateral trust notes for $326,000 issued Oct. 1,1895, to retire
From Dayton, Ohio, to Eaton, a distance of 25 miles, operated from
the floatiug debt are secured by deposit with International Trust Co.,
June 26, 1898. For July, 1898 (1 month), gross, $6,364; net, $3,790.
Denver, of $326,000 consol. 5s, $326,000 full-paid stock and $302,000
—V. 66, p. 708.
of Denver Realty Co. stock.
„ S to ck & B o n ds—
Date. Interest. Outstanding, Maturity.
Dividends—Paid in 1894, 2 p. 0.; in 1895, H 2 p. c ; none since.
Stock, $400,000 (par $100)...........
A.-O.
$400,000
Is tM ,$400,000, g., ($1,00 >i 1898 5g. A.-O.
400,000 A pr.f, 1923
R o a d — June 30,1897, owned and operated 98-69 miles of electric
each), not subj. to call .e* ( Int. at Central Trust Co., N. Y., Trustee railwayin the city of Denver, Col. Formerly part cable now all electric.
L a t e s t E a r n in g s — 12 mos.,> 1897-8.Gross, $735,588; net, $285,031
July 1 to June 30.
51896-7.Gross, 714,420; net, 289,024
H O M E
A V E N U E
R A I L R O A D —A steam road.
ROAD—Operates 3 miles of track in city of ^Dayton extending to N a
Fixed charges, 12 months, $221,752in 1897-98; $218,640 in 1896-97
tional Military Home. Leased to Cincinnati Hamilton & Dayton RR.
A n n u a l R e p o r t — The report for 1896-97 was in V. 65, p. 867.
1896-7. 1895-6.
(lease renewed in 1897) for 3 per cent on the $100,000 capital stock, Tears ending
1896-7. 1895-6.
June 30—
$
$
Deduct—
$
$
par of shares $50. No indebtedness. President, W. P. Callahan.
Gross earnings..714,419 729,399 Inter, on bonds.. 199,160 199,750
Oper’gexpenses.425,395 445,966 Taxes . .......... 16,702
12,645
O A K W O O D S T R E E T R A I L W A Y —A trolley road.
Miscellaneous... 25,778
28,674
Net earnings..289,024 283,433 Dividend.......... None.
O r g a n iz a t io n — Franchise runs for fifty years from July 10,1891,
15,000
11,905
first franchise granted March 17, 1871. Owns 5 miles of Rouble track. Misoel. receipts. 11,687
Total.............. 241,642 256,069
Capital stock, $300,000 par, $50; and in November, 1897, there was no
Total net........ 300,711 295.338 Balance, surp... 59,069
39,269
mortgage on the property. President, Charles B. Clegg; Vice-President,
O fficers .—(October, 1897) President, Rodney Curtis; Vice-President.
A. L. Stout; Secretary, V. Winters.
W. N. Byers; Treasurer, G. E Ross-Lewin; Secretary, William G,
Evans; Purchasing Agent, C. F. Musgrove.
P E O P L E ’S S T R E E T R A I L W A Y . —A trolley road.
D E N V E R
L A K E W O O D & G O L D E N
R A IL
O r g a n iz a t io n — A consolidation in June, 1896.
.
R O A D . —A trolley road and steam road. Receiver Borst is in
Road — Riverdale to Soldiers’ Home, 6-1 miles double track (old White charge of the property. Part of road was sold for taxes Nov. 1,1894,
Line), and on Wayne Ave., etc., 3-6 miles double track; total, 9-7 miles but suit to declare such sale illegal and void was pending in Jan., 1898.
of double track.
Stock,par ($100), $1,000,000 f.p.; first mortgage 6s of 1890, $627,000.
STKEET
34
RAILW AYS
outstanding bonds of like amount. The total outstanding bonded in
debtedness of the company on Jan. 1,1898, including the bonds of all
roads owned or controlled by it, was $7,000,000.
ROAD—Operates 95-25 miles of track.
EARNINGS—4 months,) 1898............ Gross, $355,847; net, $163,192
Jan. 1 to April 30. S 1897............ Gross, 325,340; net, 147,444
63, p. 228.
Years endina Dee.31:
Gross.
Bet.
Charges.
Bal..sur.
D E N V E R & W E S T M I N S T E R R Y .-T ro lley ro ad .
Years enat^ nec-<sl; * 1)102,249
$536,901
$350,000 $186,901
O r g a n i z a t i o n — Said to operate 18 miles of track. Stock, $1,000,000; -toqu
............ 1,040,545
437 ,73 9
— .....
........
I g 9 5 ___. . . . . _ ____ 1,055,465
_
338,712
240,625
98,087
bonds, (?). President, H. J. Mayham; Secretary, J. Downing.
O fficers —P resident, Tom. L. Johnson; Vice-President and Treasurer
T H IR T Y -F O U R T H
A V E N U E
R A I L W A Y . — J. C. Hutchins; Secy., A. E. Peters.—V. 63, p. 116; V. 64, p. 82.
R o a d — Embraces l x miles of track on 34th Street between Colorado
4
DETROIT ELECTRIC RAILWAY—
Boulevard and Stout St. “ Just pays expenses. No debt on it, all
(See M a p on page 37.)—A trolley road.
clear.” Operated in interest of the N. D. C. Hill Land Co.
ORGANIZATION —Successor in August, 1896, to the Detroit R ail
O f f i c e r s — President, J. Cook, Jr.
way, 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 Spring wells.
The new company, was formed, it is understood, for the purpose of
P o pulatio n 1890 w as 5,969; in 1880 w as 11,650:
extending the charter rights to cover extensions outside the city.
and in 1870 w as 8.020.
The Detroit Electric, the Detroit Citizens’ and also the Fort Wayne
D E R B Y S T R E E T R A I L W A Y - A troUey road.
& Belle Isle are owned by same interests.
ORGANIZATION— Chartered in April, 1888. Population of Derby and
STOCK AND B o n d s Date. Interest. (Mstanding. Maturity.
Ansonia together was 16,310 in 1890.
Stock. $1,000,000 (p.$100) .......................
$1,000,000 ...............
Detroit Railway—
___
,
n
STOCK & Bonds Date. Interest.
Maturity.
1st M.,g. ($1,000),red.at( 1895
5g. J-D
1,800,000
1912-1924
Stock, $250,000 ($25).................................... ^ Full paid j ........ ...........
103 on Dec. 1,1898, on < Trustee, Cleveland Trust Co.; interest paid
62miles............... c*&r. ( in New York City.
„ „
„„„ „
1st m ortgage....................... 1894 6 A - 0 $150,000 Apr. 2,1914
$1,000,000 June, 1916
63,300 .................. Det. Elec. Con. M., $2,800,- 5 1896 5g. J-D
Other dm Oct. 1,1897........... - ...................
>t
000, gold ($l,000).e.*&r. (Cleveland Trust Co., trustee. As to Dec.,
r oad —1 wns road 5-89 miles in length andO'tmileof switches.
O
1897, interest, see V. 65, p. 1219.
A n n u a l R eport —Fiscal year ends Sept. 30. Earnings have been:
STOCK—Capital, $1,000,000, paid up; shares of $100 par value.
Years end. Sept. 30. 1897.
1896.1
B onds —First mortgage bonds for $1,800,000 have been issued on 62
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 ending June 30,1897, gross, $30,338; net,
$5,190, against $5,978, In 1895-6. President, Samuel Newhouse.—V.
D ER BY, CONN.
Aver.milesoper.
6^
6^
|Interest paid....$11,653 $11,332
miles completed and equipped. Bonds numbered 1 to 600 mature in
order of numbers at $50,000 per annum, beginning Deo. 1, 1912
numbers 601 and above mature Dec. 1,1924. There is a sinking fund
for bonds numbered 1,801 and upward. In August, 1896, a consoli
dated mortgage for $2,800,000 was filed, bonds for $1,800,000 being
reserved to retire the first mortgage bonds as they mature.
R oad —System consists of two east and west cross-town lines, two
belt lines and route connecting northwesterly central and northeastern
P o pulatio n 1890 w as 50,093; in 1880 was 22,408;
portion of the city. Operates 62 miles of track.
and in 1870 w as 12,035.
LATEST E arning s —« months) 1898...Gross, $553,974; net, $262,872
D E S M O I N E S C I T Y R A I L W A Y - A trolley road.
Jan. 1 to June 30.
0 8 9 7 ...Gross, 510,222; net, 239,010
O rganization —A consolidation in 1893.
EARNINGS—For year ending Dec. 31, 1897, gross, $394,213; net.
STOCK & B onds — Miles. Date. Interest. Outstand’g. Maturity.
$128,410. In 1896, gross, $423,066; operating expenses and taxes,
gtoak
..................... $1,055,000 ...................
$286,477; net, $136,589; interest charges (including 6 months’ inter
est on consols), $115,000; bal., surplus for year. $21,589.
i fp M
R i
g o ia ^ l,o o o e « *
§
OFFICERS—President, Albert Pack; Vice-President and Treasurer
Des Moines Sub. Ry. I
($20,000 due yearly) to Jan., 1921 J. C. Hutchins; Secretary, A. E. Peters; Gen. Man., A. B. du Pont.—
mortgage, gold, < interest at Chemical National Bank, N.Y. City. V. 63, p. 116, 402, 922; V. 64, p. 82; V. 65, p. 1219.
$1,000 each........ c I Trustee, Iowa Loan & Trust, Des Moines.
D. Mo. City Railways 35 1893 6g.M-N
305,000 May 1,1923
DETROIT LAKE SHORE & MT. CLEMENS
oonsol. mortg., $2,- < Int’est at N. W. Harris, N .Y . City; also Chicago.
R A I L W A Y —To be an electric road.
000.000, gold.........(Trustee, Illinois Trust & Savings Bank.
O r ganization —Chartered in 1897.
Bonds—Of the consols sufficient are reserved to retire all prior bonds
Contracts reported let in 1898 for construction from Detroit to Mt.
as they mature, and in February, 1895 (when $283,000 consols were
Clemens, (?) miles. Stock is $300,000. First mortgage is for $260,000
outstanding), it was understood that only about $50,000 remained
available for general purposes, the rest being reserved for extensions. (N. Y. Security & Trust Co., N. Y. trustee), 6 per cent, gold ($1,000),
bonds dated 1897, due July 1,1927; interest J-J at office of trustee.
Road.—In November, 1897, was operating 39 ^ miles of track on 31
President, Merrill B. Mills; Secretary, Thomas N. Fordyce.
miles of street. Extension to Valley Junction expected to be in oper
ation during September, 1898.
DETROIT & PONTIAC R Y . —A-trolley road.
Years ending Dee. 31.
Gross.
Oper. exp.
KBojEgnK
ORGANIZATION—Chartered in 1897; successor of Oakland Ry.
1897
....................$233,080
$154,783
$78,297
First mortgage is for $500,000 of 5 per cent gold bonds of 1897, due
1896 .I.'.'.'.".".............................. 239,511
146,692
92,819
O f f ic e r s — President, J. S. Polk; Secretary, A. G. Maish; Treasurer Feb. 1,1922, (trustee, Washington Trust Co., New York), of which
$300,000 for debts and the extension of its lines from the present
and General Manager, Geo. B. Hippee; Superintendent, W. G. Owens.
terminus at Birmingham, Oakland Co., Mich., to Pontiac, balance for
double track or enlarging power house, 2 1 ^ miles. Office, Hammond
Building, Detroit.
Gross..............$47,545 $55,852 I Taxes............... 2,375
2,043
N e t ....... .......... 17,074
12,7911B alance.......... .sr.3,046 def.584
O FFICERS— President, H. Holton Wood, Derby; Vice-President and
Treasurer, Chas. E. Clark, Derby; Secretary, F. W. Wallage.
DES
M O IN E S , I O W A .
D E T R O IT ,
P opulation 1890
and
MICH.
w as 205,876; in 1880 w as 116,340;
IN 1870 WAS 79,577.
DETROIT YPSILANTI & ANN ARBOR RV-
—A trolley road.
C H IC A G O
D E T R O IT
&
T O L E D O
R A IL
ORGANIZATION—Organized in 1897 to build a road from Addison
R O A D - —To be a trolley road. Incorporated April 23, 1898, to Ave. in Springwells to the Michigan Central Depot in Ann Arbor.
build a line from Detroit south to Toledo, O., 60 miles. In June, Has trackage over Detroit Electric in Springwells and Detroit Citi
1898, it was reported that the contracts had been let for the entire zens in Detroit. In 1898 absorbed Ann Arbor & Ypsilanti El. Ry.
overhead and electrical construction. Stock, $500,000. Among the
q m rk A B onds —
Date. Interest. Outstanding.
Maturity.
$400,000
.............
stockholders are John*C. Schaffer, George D. P. Robinson, T. S. Mor Stock com ($400 000)...........................
600,000
Nov. 1,1917
dant, D. E. Town, Chicago; Charles W. O’Brien, Leopold Freund and 1st M.'($60 >,000),g.($500 ) 1897 6g:M-N
or $1,000 each)..........) Interest at Union Trust Co..Detroit, trustee.
Alex. E. Riepelle, of Detroit.
ROAD—Completed and operated to Ann Arbor June 1,1898, making
total operated, 43 miles.
D E T R O IT C IT IZ E N S ’ S T R E E T R A IL W A Y .—
Earnings for July, 1898, partially incomplete, $10,979.
{See M a p on page 3 6 .)—A trolley road.
President, James D. Hawks; Sec’y, F. A. Hinchman. Office, Union
O r g a n iz a t io n — Chartered in 1891 and absorbed the Detroit City
Trust Building, Detroit.—V. 66, p. 336,1089.
Railway (incorporated May 9,1863), the Grand River Street Railway
and the Hamtramack & Grosse Point railway companies. Also owns
D E T R O IT
P L Y M O U T H
&
N O R T H V IL L E
the entire capital stock of the Detroit Suburban Railway and Highland R Y _To be a trolley road. Chartered in 1898 to build an electric
Park Railway andoperates them under lease. Control of Detroit Elec road from Detroit through Wayne (there connecting with the Det. Y.
tric Railwayand Ft. Wayne & Belle Isle is held by same interests.
& Ann Arbor Ry.) and other towns and villages in Wavne County.
STOCK & B o n d s — Miles. Date. Interest. Outstand’g. Maturity.
Wayne to Northville, 14 miles, expected to be completed during
Stock................................................... .
$1,250,000 ..................
Detroit City Rv. bonds ....
1890 1 J - J
Î
1,000,000 Jan. 1,1900 September, 1898.
STOCK and Bonds —
Date.' Interest. O u M ’ng. Maturity.
IT Interest 5 p. c., but 6 p. c. paid for option to retire before maturity.
Grand River Ry. bond ___ 1890 Î J - J
150,000 Jan. 1,1900
d
(?) Mhy i . 1918
î Interest 5 p. c., but 6 p. c. paid for option of retiring before maturity> 1st°M .f ^gol’ ° $ 156,000 ($100 i 1898 6 g. M.-N.
and
Detroit Citizens’S tre e t)—
1891 5 A - 0
1,100,000
Oct.1,1901 $500 each) s f. an’ly.*..c ( Int. at Union Tr. Co., Detroit, Trus.
M.. $3,000,000....... s Trustee, Washington Trust Co., N. Y. City.
OFFICERS—Pres., Chas. W. Casgrain; Ureas., John A. Russell; Sec.,
1st Con. M., $7,000,000) ....
1895 5g.J-J
4,335,000 July 1,1905
H. P. Wickham.—V. 67, p. 274.
($1,000) gold....... *c STrustee, N. Y. Security & Trust Co., N. Y.
Guaranteed under terms of lease :—
D E T R O IT F O R T W A Y N E
& B E L L E
IS L E
Detroit Suburban Ry, ) ....
1892 5 M - N
275,000 Nov. 1,1902
1st M. $400,000......s Trustee, Union Trust Co., Detroit.
R A I L W A Y C O . - A trolley road.
H ighlandPark R y ,... ) ....
1893 5 J - J
140,000 Jan. 1,1908
O r g a n iz a t io n — Successor in 1893 to the Fort Wayne & Belle Isle,
1st M. $250,000......5Trustee, Union Trust Co., Detroit.
Bonds—The consolidated mortgage is for $7,000,000 of gold bonds; which was purchased in January, 1897, in the interest of the Detroit
$2,665,000 are held by N. Y. Security & Trust Co., trustee, to redeem Eleotric and Detroit Citizens’.
STREET
STOCK & B onds —
Date.
Interest. Outstanding. Maturitg.
«took, par $100........................................
$1,200,000 ...........
F. W. & B. t. let mortg., \ 1892
6g. A -O
345,000 Oct. 1,1902
gold ($400,000) ...... c )
Subject to call at par after Oct. 1,1897
let M., g., $1,200,000..c 1898 5g. A -0
855,000 Apr. 1,1927
New mortgage (N.Y. Security & Trust Co., trustee), is for $1,200,000,
of which $345,000 to retire old 1st 6s, subject to call. V. 66, p. 856.
Road —25 miles of track.
LATEST E arnings —4 months,) 1898...Gross, $57,173; net, $21,387
Jam. 1 to Apiil 30—
s 1897...Gross, 53,141; net, 16,825
EARNINGS—For the year ending Dec. 31,1897, gross, $174,289; net,
$67,473..
O F F IC E R S — President, J. C. Hutchins; Sec’y, A. E. Peters. V. 66,p. 856.
T H E
R A P ID
RAILWAYS.
R oad —Operates lO ^ miles o f track in the city of Dubuque. Iowa,
extending to West Dubuque and to Stewart Park.
DUBUQUE STREET RAILWAY- A trolley ro d
a .
O r g a n iz a t io n —incorporated April 25,1890.
S tock & Bonds —
Date. Interest. Outstand'g.
Maturity.
Stock, $500,000............................................. $375,000
.............
1st con. M.for $250,000,gold.c* 1891 6g. J-J Feb.’98, none Jn. 1,1911
Trustee, Illinois Trust & Savings Bank, Chicago.
R oad —Owns 15 miles of track on 9 miles of street.
O F F IC E R S — President, C. Rhomberg ; Secretary, C. H. Meyer ; VicePresident and Superintendent, J. H. Rhomberg.
R A I L W A Y . —A trolley road.
ORGANIZATION—Chartered March 1,1894. Constructed and equipped
on steam railroad standard for purpose 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 com
pany below.
STOCK & Bonds —
Date. . Interest.
Outstanding. Maturity.
Stock, par$100........................................
$250,000 f.p............... .
1st mortgage, $300,000, S1895
5g. M-S
300,000
Mar. 1,1915
gold ($1,000)..........o* \ Int. at Finance Co. of Penna., Phila., Trustee.
Consolidated mortgage, 5 1896
5 M -N
See text.......................
$600,000................... ( Int. at Finance Co. of Penna., Phila., Trustee.
The first mortgage covers the entire property and franchises, in
cluding 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 —Road extends from Detroit to Mt. Clemens, Mich., 19 miles
o f track; rails, 70-lb. steel.
E arning s —For year ending Aug. 31,1896, gross, $70,172; net, $33,542; interest, $15,000; balance, surplus, $18,542.
O F F IC E R S — President, Cornelius J. Reilly; Treas., Charles M. Swift
INDEX—V. 62, p. 139; V. 63, p. 602.
5
D U L U T H , M IN N .
P opulation 1890
was 33,115; in 1880 was 3,483;
and in 1870 was 3,131.
DULUTH STREET RAILWAY— tro
A
lley ro d
a .
ORGANIZATION— Organized under act of Minnesota approvedNov. 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. Popula
tion 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 cor
poration, and has issued first mortgage bonds for $650,000 and second
mortgage bonds for $300,000—see bridge items, V. 63, p. 310, 504.
STOCK & B onds —
Date. Interest. Outstand'g. MaturityCapital stock.............................................. $2,000,000 .................
July, 1898, int. in default.
1st consol, mortgage......... 1890
6 J-J
100,000 Jan. 1, It 30
51890 5 J-J
900,000 Jan. 1, 1930
.......... ( July, 1898, interest in default.
Consol, mortgage, gold......> 1894 5 g J-J
1,039,000July 1,1924
$2,500,000 ($1,000)___ c* 5Jan., 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
ments and extensions.
R ec e ive r —In July, 1898, President L. Mendenhall was appointed
receiver preparatory, it was said, to reorganization. V. 67, p. 73.
R A P ID R A ILR O A D —To be a trolley road.
R oad —SYSTEM.—The system embraces 28*84 miles of single track
O r g a n iza t io n .—incorporated in 1898 to build an extension of the
Rapid Railway from Mt. Clemens to Port Huron, Mich., 40 miles, via surface and 1*8 miles elevated incline road; whole road is doubleSt. Clair Flats, Algonac, Marine City and St. Clair. The connection tracked; also operates 13*4 miles (see below) for land companies. See
with St. Clair Flats, a favorite summer resort, now accessible onJy Duluth-Superior Bridge items, V. 63, p. 310, 504. Operated for land
by boat, will be by bridge and embankment aeross Anchor Bay, for companies: Lakeside St. Ry., 7*44 miles of track, and Motor Line
which the U. S. W ar Department has issued a permit. In April, 1898, Improvement Co., 5*96 miles of track.
L a t e s t Earnings , l l mos.,> 1897-8, gross, $185,133; net, $90,974
it was reported that a large part of the right of way had been secured
July 1 to May 31.
51896-7, gross, 185,854; net, 83,686
and that the bridge was to be completed by the autumn of 1898, and the
1896-7........ gross, $202,031 ; net, $91,876
road probably ready for operation in about a year. It was also stated
E arnings —12 months,
1895-6........ gross, 219,927; net, 120,865
July 1 to June 30.
that the stock of the two companies would be amalgamated and the
1894-5........ gross, 213,605; net, .116,269
properties run under one management. Capital stock, $1,000,000.
OFFICERS—President, L. Mendenhall; Secretary and Treasurer, T. W.
OFFICERS—President, C. J. Reilly; Treasurer, Charles M. Swift.
Hoopes; Gen. Manager and Purchasing Agent, H. Warren. V. 66, p. 73
WYANDOTTE & DETROIT RIVER RAIL
WAY— tro
A
lley ro d
a .
Ro a d , S ecurities , Et c .—Operates lO^s miles of track. Stock auth
orized, $250,000; issued to Deo. 31, 1897, $200,000; bonds, $200,000.
For year ending Deo. 31,1895, gross, $35,407; net, $12,725.
OFFICERS—President, Chas. M. Swift; Secretary & Treasurer, R. J.
McKinney; General Manager and Pur. Agent, S. Hendrie.
MINNESOTA POINT STREET RY.-H o rse road.
ORGANIZATION—Chartered in 1887; franchise runs till 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 $6,700. Stock, $51,000 paid in full and $6,720 of 40 per cent
paid. No mortgages, but a small floating debt. Owns 3% miles of
single track and *2 mile of sidings; 24 lb.T rails; 16 horses.
MOTOR LINE IMPROVEMENT.-A trolley road
O r g a n iz a t io n —Chartered in 1890 for 30 years as a real estate com.
pany and only uses its road, which is operated by the Duluth Street
P opulation in 1890 was 1,889; in 1880 was 1,791;
Railway Company on a mileage basis, to reach its property.
and in 1870 was 1.817.
D I G H T O N S O M E R S E T & S W A N S E A S to c k —Has an authorized capital of $300,000; par, $100, of which
$150,000, full paid, is outstanding. First mortgage 7s of 1892, gold
STREET RAILWAY.-A tro
lley ro d
a .
c*; authorized $200,000 ; issued $192,000. Interest is in default and
STOCK & B onds —
Date. Interest. Outstand'g
Last Div
Stock, $175,000 (par $100)......................... $175,000 1896-97 5 p.c
mortgage has been foreclosed. Bonds cover road and 4,000 acres
1st M.,$l25,0« 0, gold,s.f..) 1896 5 g. J-D
125,000 Deo. 1, 191i
of land. Trustee, A. B. Macfarlane. R o a d —OwnecJ 5*96 miles of track.
($1,000), red. 105 after > Interest at International Trust Co., Boston
OFFICERS—President, G. G. Hartley; Vice-President, J. D. Stryker
June 1,1901.............. r ) Trustee. Sinking fund is $3,000 a year.
Secretary, T. W. Hoopes; Treasurer, A. R. Macfarlane.
On June 30,1897, loans and bills payable were $37,236.
Owns 12% miles of track and has trackage lights over 4 miles.
Gross earnings for year ending September 30, 1897, $64,665; net
$15,682; income from park, $4,390; other, $40; charges, interest
P opulation 1890 was 10,956; 1880 was 5,568;
$11,207; taxes, $2,049; maintenance of park, $8,796; dividends, $6,and in 1870 was 2,105.
250; deficit for year, $8,190.
E A S T
L IV E R P O O L
R A I L W A Y . —A trolley road.
O r g a n i z a t i o n .— A reorganization in May, 1897, of the East Liver
pool & Wellsville Street RR., sold by sheriff.
P opulation 1890 was 12,790; in 1880 was 11,687;
STOCK & B onds -—
Date. Interest. Outstand'g.
Maturity.
................
Stock, $300.000 ..... ..................................... $300 000
AND in 1870 w a s 9,294.
lstM.,g.,$150,000 ($500 ea.) ( ......* 5g. J-D
150.000
1917
UNION ELECTRIC RY.— trolley road.
A
Not subject to call.
( Int. at Boston Safe Dep.&Tr.Co..Trustee.
ORGANIZATION—A reorganization in February, 1897, of the Union 2d (incom*) M., $150,000
< ...... 5g. Sept. $150,000
1917
Street Ry., sold in foreclosure in July, 1896.
($500 each.)
< Int.at Boston Safe Dep. & Tr.Go.,Trustee.
ROAD—Operates 9%i miles of track. Pres , John B. Hoefgen.—Y . 64,
„STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
Stock, $100,000......................................
$100,000
........... . p. 287.
1st M., $100,000, gold.. 1897
5 g.
50,000 Feb. 15,1917
In 1895 population of East Liverpool was said to be 14,000 and of
Road —Owns road 8 miles long, parallelling a steam road and con Wellsville 7,000.
necting Dover with Somersworth.
For year ending June 30,1898, gross earnings, $34,846.
OFFICERS—President, Sumner Wallace; Treasurer, Harry Hough'
P opulation in 1890 was 15,169; in 1880 was 9,185;
—V. 60, p. 969; V. 62, p. 1140.
and in 1870 was 5,644.
D IG H T O N , M A SS.
EAST
L IV E R P O O L ,
O H IO .
D O V E R , N. H.
E A S T ST. LO U IS, ILL.
D U B U Q U E , IO W A .
P o p u l a t io n 1890 was 30,311; in 1880 was 22,254;
AND in 1870 was 18,434.
DUBUQUE LIGHT & TRACTION C o
O r g a n iz at io n —On December 1,1894, placed in hands of receivers,
but in November 1897, the property had not been sold. Stock, $600,000, (par $100); 1st mort. 6s of 1893, $385,000, in default. Trustee,
Old Colony Trust Co., Boston. Receiver, Horace Torbert.
EAST ST. LOUIS ELECTRIC STREET RR.
S tock & B onds —
Date. Interest. Outstanding.
Maturity.
Stock paid In in 1894...............................
$150,000
.............
IstM ., $150,000, gold... $ 1891 6 g. A -0
$150,000
Apr. i , Ï906
«
,
®
,
Sub .to call since Apr. 1,1896
Consol. M. $500,000, g.. 1893 6 g. F -A
140,000
Aug. 1, 1908
Interest on both loans is payable at Mississippi Valley Trust Co.,
trustee of both mortgages, St. Louis.
Bonds Of the consols $150,000 are reserved to be issued on retire
ment of first mortgage.
STKEET
KAILW AYS
STREET
RAILW AYS
STREET
88
RAILWAYS.
R O A D — 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.
OFFICERS (April, 1897)—President, Julius S. Walsh; Vice-President,
E. P. 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,
James Hanna and C. T. Jones.
EASTON, PA.
P
1890
o p u l a t io n
a n d
14,481; i n 1880
1870 w a s 10,988.
w a s
in
w a s
11,924;
EASTON TRANSIT— tro
A
lley ro d
a .
ORGANIZATION— Chartered June 30, 1892. Franchise is perpetual
and gives exclusive rights to operate street railway in city. The Penn
sylvania Motor Co. was leased Mar. 15,1893, and the Easton & Beth
lehem Transit July 13,1894, for $3,600 each yearly, being interest on
their bonds.
S T O C K & BONDS— Miles. Bate. Interest. Outsland’g. Last Div.,<£c
Stock, par, $50........................................... $300,000
See text.
ia + m,vn «feqnnooo ( 11J2 1892 5 A -O
+
300,000
1922
»
Subj ect to call at 103 and int. in 1897
g.,$zuu<E!|>oou.o<Kr ^ interest payable at Easton Trust Co.. Trustee.
Deben., $150,000.........................
A -O
16,000
................
Leased Lines—
Pa. Motor Co. stock................................... .
120,000
1947
1st M., $100 & $500
3 1887 6 A -O
60,000
125,000
Easton & Bethlehem) ................................
Transit Co. stock.. s
„
60.0C0
Bonds.
cent consolidated mortgage for $1,800,000 maturing April 1,1942, in
terest payable A. & O. The mortgage is a first lien on the InterState Fair real estate, etc., but as to the other companies it is simply a
lien upon their stock. In 1895 three coupons maturing Oct. 1,1893, and
April 1 and Oct. 1,1894, of the Improvement Company were funded
and the April, 1895, coupon was paid in August, 1895. October, 1895,
and since not paid. The Improvement Company operates the gas
works, electric-light plant and water-works in Elmira, and is controlled
by the Mutual Life InsuranceCo., N. Y. V. 61, p. 749.
R e c e iv e r sh ip —F o r eclo su re S uit —in December, 1897, the Guar
anty Trust Co., N. Y., brought suit to foreclose the $1,800,000 mort
gage of 1942, of which $1,462,000 bonds were outstanding, and H. A.
Murray, Treas. & Secy, of Guaranty Trust, was made receiver of the
Improvement Co.—V. 65, p. 1071.
S t o c k —stock of Elmira & Horseheads Ry. is $400,000 (par $100).
R oad —Owns 11-14 miles. Leases 4-58 miles. Total operated, 15%
miles. All trolley except % mile of horse road.
EARNINGS— For years ending June 30:
Gross.
Net.
Other income. Taxes.
Balance.
1896-97..... $62,223
def. $14,766
$6,587
$3,884 def.$12,064
1895-96...... 68,435
def. *16,375
5,058
2,505 def.13,822
On June 30,1897, loans payable were $89,000.
1895-96, 3 p. c.; for 1896-97, 3 p. c.
R O A D — In February, 1898, track 26 miles, including:
D i v i d e n d s — For
M ile s .
I
L ea sed L in e s —
M ile s -
Track owned in fee................ 9
Pennsylvania M otor. . . — ... 3
Entire stuck owned:
i Easton & Bethlehem Transit. 3
Phillips., N.J.,Horse Car Co. 2*3 |Weygadt Mt. R R .................. z
For year ending June 30,1897, gross, $124,072; net, $42,460; taxes,
$2,333; interest, $20,630; rentals, etc., $8,711; dividends, $9,000; bal.,
sur. for year, $1,786. In 1895-96 gross, $128,960; net, $47,260.
O F F IC E R S — President, Howard Rinek; Secretary and Treasurer, A.
D. Chidsey; General Superintendent, A. C. Rodenbough.
N ote—In 1895-96 $18,338 was spent in reconstruction of road
and charged to operating expenses.
O fficers —President, George W. Young; Secretary and Treasurer, J.
M. Diven; Gen. Man. and Purch. Agent, J. B. Cahoon.—V. 65, p. 1071.
WEST SIDE R A I L R O A D . — A trolley road.
ORGANIZATION—Chartered July 29,1891, and in 1896 consolidated
with the East Side Railroad Co.
S tock & B onds —
Bate. Interest. Outstand’g.
Maturity.
Stock,$300,000 ($100).................................. $105,000 . . . . . . . . . . . . . .
1st mortgage, g., $300,000.. 1894 5g.A -0
300,000 Oct. 1,1914
Earning s , year ending June 30—
STOCK increased authorized in
1897.
1896.
1894 from $100,000 to $300,000.
Road —8-5 miles of single track Gross.................. $56,421 $63,993
Net..................... 15,443 21,353
and 0*92 mile sidings, etc.
O F F IC E R S — P r e s ’t, C. M . T o m p Charges.............. '17,322 16,914
k in s ; Sec. & T re a s., H . H . H a llo c k . Balance............. def.1,879 sr.4,439
ERIE, P A .
P
P opulation 1890
was 17,415; in 1830 was 10,119;
and in 1870 was 2,293.
CHIPPEWA VALLEY ELECTRIC RAIL
WAY— tro
A
lley ro d
a .
O r g a n iz a t io n —Successor in 1897 to the Eau Claire Street Ry. L. & P.
Co. sold in foreclosure. Present Company in May, 1898, owned and
operated, Eau Claire to Chippewa Falls, Wis., 22 miles. Stock, $200,000;
1st mortgage, $200,000; 6 per cent, due May 1,1917; Massachusetts
Loan & Trust Company, trustee.
In May, 1898, the Chip. Val. R a i l r o a d (capital stock $200,000), was
formed, it was said, to build and operate the interurban and Chippewa
lines, and eventually own and operate the whole system, including
the Eau Claire lines of the Chip. Val. Railway.
E L G IN , ILL.
was 8,787:
ELGIN CITY CARPENTERSVILLE & AU
RORA RAILWAY.-A trolley road. Also owns an electriclight plant.
Population of Elgin (school census) 1896 was 22,000,
O r g a n iz a t io n , E t c .— A consolidation in 1897 of the Elgin City R y
and the Carpentersville Elgin & Aurora Ry.
c Tn r k A
B o n ds—
M il e s .
B a te . I n te r e s t. O u t s t a n d 'g .
D iv ., etc.
Stock ($500,000 author’d ) ................................. $500,000 6% in ’97
" , : '
. (13
1897 5 F - A
200,000
1907
Elgin City Ry. 1st Mort.. £ interest at Farmers’ L.& T. Co., N. Y. City,
100,000 .............
C. E. & A. 1st mortgage........................................
D i v i d e n d s — Old companies each in 1895 paid 6 p. c.; in 1896, 6 p. c,
Hew company in 1897, 6 p. c.
R O A D — Owns 12 miles of track in Elgin (40 and 45-lb. T and girder
rails), and 18 miles to Dundee, Coleman, Geneva, etc. (60 and 65 lb. T
r a ils ); total track, 30 miles.
O F F IC E R S — President, William Grote; Vice-President and Gen. Man
J. B. Lane; Secretary, A. B. Church; Treasurer, E. D. "Waldron.
E L IZ A B E T H , N. J.
w as
27,737;
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.
S t o c k & B o n d s — Miles. Bate. Interest. Outst'ding. Maturity.
Stock ($700,000) ($100)..............................$700,000f.p. . . . . . . . . . . . . .
1stmort’ge ($200,000)) .... 1889 6g. J - J 200,000
Jan. 1,1919
($1,000), gold....... c. s Interest at Cent. Trust Co., trustee, N. Y. City.
2d mort’ge ($150,000) > .... 1889 6g. J - J $150,000
Jan. 1,1919
($1,000), gold....... o .) Interest at Cent. Trust Co., trustee, N. Y. City.
Erie City Pass’gr Ry.—
„
. __„ ___
Stock (rental 6 p. c.) ............... 6 p.c. $100,000
— . . . .....
1st mortgage.............................
6 A -O
25,000
Oct. 1, 1913
Bonds—The bonds are not subject to call before maturity.
R o a d — In February, 1897, was operating 21 miles of track on 18 miles
of street, and holds perpetual trackage rights in all the city streets.
EARNINGS—Jan. 1 to Feb. 28, gross, $21,089 in 1898; $19,374 in 1897.
ANNUAL R eport —F or year ending June 30, 1897, gross, $145,208;
net, $35,391; interest and taxes, $34,553; balance, surplus,
$838. Fiscal year ends December 31, and in 1896 gross,
$150,502; net, $30,624; other income, $1,099; interest charges, $29,000; taxes, $1,608; balance, def. for year, $1,083. In 1895, gross, $150,
298; net, $13,000; other income, $263; interest, rentals, etc., $30,678;
balance, deficit, $17,415.
B ala n c e S h e e t June 30,1897.
Liabilities.
Assets.
Construction and equip’t.$795,386 Capital stock................. $700,000
78,694 Funded debt.................. 350,000
Real estate.....................
Investments.... ............. 300,000 Bills payable, etc........... 140,824
Miscellaneous................
632
Profit and loss, deficit___ 16,112
$1,190,824
$1,190,824
O FFIC E R S— President, J. S. Casement, Painesville, O; Secretary and
Treasurer, J. L. Sternberg, Erie. Office, 202 State St.
ERIE RAPID TRANSIT STREET R Y . - T o b e a
trolley road. Incorporated in June, 1898, to build 20 miles of electric
road in Erie. Incorporators are: President, Wm. E. Hayes; John W. Lit
tle, Bennett A. Stewart, Edson T. Moore and Henry C. Yard, all of Erie.
E S C A N A B A , MICH.
ELIZABETH STREET RAILWAY— h rs ro d
A o e a .
O r g a n iz a t io n — Ithas been proposed to substitute trolley for horse
P o pulatio n 1890
w as 6,808; in 1880 w as 3,860;
and in 1870 w as 1,370.
ESCANABA ELECTRIC R e
o r g a n iz a t io n , E t c .— 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. For the year ending Deo. 31,1895 (old company), gross,
$5,070; def. under operating, $494. In 1894, gross earnings, $5,283;
deficit, $1,786. Pres, and Man., A. R. Moore; Secretary, I. C. Jen
nings; Treasurer, Edward Erickson.
E L M IR A , N. Y .
E V A N S V I L L E , IND.
P o pulatio n 1890
w as 29,708; in 1880 w as 20,541;
and in 1870 w as 15,863.
ELMIRA & HORSEHEADS RY.— o tly tro
Ms
lley
.
ORGANIZAT ON— In 1892 the entire oapital stock was purchased by
the Elmira Municipal Improvement Company, and was pledged by it
ong with stock of electric light, eto., companies to secure a 5pe
in
ERIE ELECTRIC MOTOR CO-
in 1880 w as 28,229;
and in 1870 w as 20,832.
power. Stock Jan. 1, 1898, $50,000; unfunded debt, $45,241; total
cost of road and equipment, $94,268. Owns 3*2 miles of track. In
August, 1898, John K> an offered $250,000 for a franchise to Plainfield, the new line, 12 miles, to be equipped electrically and connected
with the present Elizabeth system. V. 67, p. 370. In year 1897 gross
earnings, $11,061; expenses, $19,331; balance, deficit, for year, $8,269.
In 1896, gross, $16,300. Treasurer. Edward C. Woodruff.
40,634; i n 1880
1870 W A S 19,646.
w as
ORGANIZATION - Chartered October 8,1888. This company leases for
P o pulatio n 1890 WAS 37,764;
1890
AND
E A U C L A IR E , W I S .
P opulation 1890 was 17,823; in 1880
AND IN 1870 5,441.
o p u l a t io n
P o pulatio n 1890 w as 50,756; in 1880
AND in 1870 w as 21,830.
w as 29,280;
EVANSVILLE STREET RAILROAD— tro
A
lley
road.
O r g a n i z a t i o n — Chartered in May, I8 6 6 v
STREET
STOCK & B o n d s — Miles. Dale. Interest. Outstand’g. Maturity.
Stock................................. ....................
$500.000 ............. .
1st M., $1,000,000, ( 271 1892 6g. J -J abt.850,000 Jan. 1,1922
2
gold.....................\ Interest at Chemical National Bank, N. Y. City.
Road —I n February, 1897, owned 271 miles of trolley track. Bails 56
2
and 60 lbs. Westinghouse system.
OFFICERS—Treasurer, Thotj. 8. Krutz, Mills Building, New York City.
F A IR H A V E N ,
W ASH.
RAILAVA^S.
39
Stock, $75,000, par $100..$75,000
1st mortgage 6s, M & N ...... 75,000
(Due 1912, optional after 1897.)
Leaded Line—
Fishkill Elec. 1st M., 6s, )
nnn
of 1895, due 1915....... $$40,000
R o a d — Owns 3 miles of single
and *25 miles of second track.
Also operates Fishkill Electric
By., 4 miles; Fishkill stock ($50,OFFICERS— President, John T.
Treasurer, W. H. Southard.
OOOi to receive same dividends as
Citizens.
Earn INQS—Year ending June 30.
i 007
7 ana
1897.
1896.
G ross.............. $35,975
$38,409
Net.................. 11,330
15,812
Charges........... 9,063
9,905
Dividends.......
none
3,125
Balance.........sur.2,267 sur.2,782
Smith; Secretary, S. K. Phillips
NORTHERN RY. & IMPROVEMENT CO.-A
trolley road.
ORGANIZATION —In April, 1898, the Northern By. & Improvement
Co. became the owner of the Fairhaven < New Whatcom Bailway,
fc
which was sold at auction in April, 1897. Stock, $200,000. Bonds, au•thorized, $200,000; issued,. $80,000. Old Colony Trust Co., Boston,
Trustee. V. 66, p. 810.
Road —Operates 18 ^ miles of trolley track, including 3 miles leased
from the Bellingham Bay Electric Bailway Co. President, S. Z. Mit
chell; Sec. and Treas., C. N. Huggins.—V. 66, p. 810.
F IT C H B U R G , M A SS.
POPULATION 1890 WAS 22,037;
in 1880
and in 1870 was 11.260.
WAS 12.429;
FITCHBURG & LEOMINSTER
RAI L W AY— tro
A
lley ro d
a .
STREET
O r g a n iz a t io n — Chartered in 1886. Boad extends to Leominster
and Lunenburg.
S to ck , Bonds Et c .—
Date. Interest. Outstand’c
Last div.
Stk. (au., $500,000; par, $100) .......
8 p. c. $250,000
See earns.
1st mort. ($500) o., $150,000. 1897
5 A -O 150,000 Apr. 1,1917
Loans and bills payable Sept. 30,1897..........
25,000
The old mortgage of 1890 has been canceled and the mortgage of
1897 is a first lien on the road.
P opulation 1890 was 74,398; in 1880 was 48,961;
D i v i d e n d s — In year 1894-5 8 p. c.; in 1895-6, 8 p. c.; in 1896-7, 8 p. o.
AND in 1870 WAS 26.766.
ROAD—Owns 18-91 miles o f track, including 2-12 miles o f sidings.
P opulation in 1896 said to be 97,318.
EARNINGS—For years ending Sept. 30:
1897.
1896.
G L O B E S T R E E T R A I L W A Y —A trolley road.
1897.
1896,
O R G A N IZ A T ON— Incorporated April 16, 1880; in 1898 stock was Gross.............. $133,770 $128,186 Dividends paid.. $20,000 $20,000
Net..................
50,100
37,909 Bal., sur. for year 5,559
7,247
uthorized to be increased to purchase the Fall Biver Street By., 2% Int., taxes, etc.. 24,541
10,662 Tot. sur. Sept. 30. 15,289
14,732
miles.
O f f ic e r s — President, H. A. W illis; Vice-President H. I. W allace;
S t o ck & Bo n ds—
Date.
Interest. Outstand’g.
Maturity.
Clerk and Counsel, C. F. Baker; Treasurer, B. N. Wallis; Superintend
Stock, $100 p a r ............ ....
See text
$650,000
See text.
1st M., $750,000, gold, > I,8?2
A ~0
750,000
April 1,1912 ent and Purchasing Agent, W. W. Sargent.
&1.000 ennh
8 n* i Redeemable at 105 and mt. after April 1.1902.
t,
’ .
'In t.is payable by trus., Mass. L. & T. Co.,Bost.
Debentures,g. ($l,000).o 1892
5g. J - J
550,000
July 1 1912
Debentures,g. ($1,000).o 1894
5g. M-S
125,000
Mar. l ’ 1910
P opulation 1890 was 11,311; in 1880 was 3,099;
Interest on debentures is payable in New York at N. Y. Security &
AND in 1870 was 2,227.
Trust Co. Loans and bills payable Sept. 30,1897, $61,083.
FORT SMITH STREET RAILWAY.—
Dividend—From earnings of year 1893-94 1 per cent was paid on
ORGANIZATION—Chartered Aug. 2,1881, for 30 years.
stock; in 1894-95 paid 2 ^ p. c.; in 1895-96 paid 3 p. o.; in 1896-7
STOCK & Bonds —
Date. Interest. Outstand’g.
Maturity.
2 p. e.
’
Stock, $150,000 (par $25)........... ............ $150,000 60 p. c. paid.
R O A D — May 1, 1898, owned main track 20*2 miles; second track
1 r t p ^ C T 8 9 * 8 . to..?a“ S *888 7 M-S
80,000
Mar. 1,1908
8 ; sidings, 2 ; total track, 31 miles. Connects with the Dartmouth
Road —Operates 8‘44 miles of track on 7*2 miles of street.
& Westport for New Bedford and with the Dighton Somerset & S wansea
OFFICERS— President, General Manager, Superintendent and P u r
for Taunton.
chasing Agent, Samuel MoLoud; Vice-President, Ben). T. D u v a l; Sec
A N N U A L R e p o r t — For years ending Sept. 30 earnings w e re :
retary and Treasurer, Geo. T. Sparks. Office, corner Third & A Streets.
1897.
1896. I
1897
1896
Gross earnings.$312,035j$323,521 |Dividends....... $13,000 $19.500
Net earnings... 100,535 114,581 |Balance, surp..
8,323
17 062
Int., taxes, &c.. 79,212
78,019 |Tot.sur.Sept730 17|646
54^323
P opulation 1890 was 35,393; in 1880 was 26,880
GENERAL BALANCE SHEET SEPT. 30, 1897.
Assets
and in 1870 was 17,718.
Liabilities.
Construction................$1,580,574 Stock........................... $650,00(
FT. WAYNE CONSOLIDATED RAILWAY Equipment..................
337,607 Funded debt................ 1,425,000
A trolley road.
Other property...........
234,304 Unfunded debt, etc......
77,601
ORGANIZATION—A reorganization in December, 1895, of the Fort
Cash and current assets
17,761 Profit and loss.............
17,646
Wayne Electric By. without foreclosure. The property includes the
Total.................................................................. $2,170,247
Total. old Citizens’ Street BB. and Fort Wayne Street BE., aggregating 12
$2,170,247
O f f ic e r s — Pres, and Gen. Man., B. S. Goff; Sec., M. G. B. Swift; miles and two miles of track of the C. L. Centlivre Street Bailway. In
Treas., H. H. Bead. Office. 794 North Main St.—Y. 60, p. 796; Y. 63
June, 1896,10 miles of road, reaching a 300-aore park owned by the
p. 1061 Y. 65, p. 1022.
company, were completed, and 6 miles additional were under construc
tion. In 1895 population was said to be 54,000.
R e o r g a n i z a t i o n — On Sept. 8, 1896, J. H. Bass and M. S. Bobison
were appointed receivers. Mr. Bobison resigned in Dec., 1897, when
P opulation 1890 was 18,553; IN 1880 was 5,553;
it was stated, reorganization would soon be effected. Interest due
and in 1870 was 4,073.
B L A N C H A R D A V E N U E PASSENGER Nov. 1, 1896, was not paid. In July, 1898, foreclosure deorees were
entered under both mortgages and $900,000 of the $1,500,000 consol.
RAILWAY COMPANY.
5s were declared invalid. V. 67, p. 125.
gjSTOCK & BONDS
Date. Interest. Outstand’g. Maturity.
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
1st M., $60,000 gold’
.
!.'! ¡ 1892 6 g, \x) J-J $40,000 July i* 1912 Stock (par, $100)....................................... $2,000,000 ...................
Ft.W.Eleo.lstM.,$600,000. 1892 6g. M -N
600,000 May 1,1922
x Interest is paid free of tax.
Ft.W.con.M..$l,500.000,g .) 1895 5g. M -N
See text. Nov. 1,1935
Interest is payable at the Girard Life Insurance Annuity & Trust
($l,000)notsub.tocall.o* $ May, 1896, coupon last paid.
Company, Philadelphia, the mortgage trustee.
Trustees are Guardian Trust Co., Cleveland, Ohio, and A. S. Bond.
E a r n i n g s — 7 months 11896................ Gross, $95,514; net, $42,394
Jan. 1 to July 31. s 1895................ Gross, 66,790; net, 28,328
FINDLAY STREET RAILWAY— trolley a d
A
n horse
ra a .
ilw y
For year ending Dec. 31,1895, gross, $130,581; net, $59,512.
R O A D — Operates 34 miles of track.
O rganization —Chartered in September, 1887. Grants are for 25
OFFICERS— President. J. J. Shipherd; Treasurer and General Man
years from 1887—rates of fare embodied in ordinance, 5 cents. Council
reserved right to charge $5 per annum per car operated. Has no ager, M. S. Bobison; Secretary, J. M. Barrett. V. 61, p. 966,1107; V.
paving to do, but must keep portion between rails in repair so long as 63, p. 458; V. 67, p. 125.
horses are used. Said to be operated by the Northern Ohio & Lake
Erie By. Light & Power Co.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
P o p u l a t io n 1890 w as 23,076 a n d i n 1880 w a s 6,663.
Stock, $200,000 (par, $25) ...................... $150,000 f. p.
V
C I T Y R A I L W A Y —A trolley road.
$200,000, gold.) 1891 6 g. M -S
106,000
Moh. 1,1911
$1,000, not subj. to call. § Int. at Cent. Tr. & S. Dep. Co., Cincinnati, O.
O rganizatio n , Et c .—Chartered in 1891to acquire the street railway
Bills and accounts payable Deo. 31, 1895, $38,868.
lines of the Fort Worth Land & Street By. Co. sold in foreclosure.
E arni nqs —For year 1895, gross, $29,798; net, $9,490; interest, $6, Stock, $100,000, all held by the Purchasing Committee in trust, whioh
650; balance, surplus, $2,075.
also holds title to 640 acres of Suburban lands. No bonds.
R oad —M ainl ine41 miles double track, operated by electricity; Tiffin
2
R o a d — Operates 7 ^ miles of track on 5*2 miles of streets.
Ave. and West Park line about 4 miles, operated by horses; total track
OFFICERS—President, Lewis Warfield, 54 W all Street, N. Y.; .'Secre
February, 1895, about 13 miles.
tary, J. C. Terrell, Jr.; Treasurer, J. C. Harrison; Man., W. P. Quigg.
OFFICERS—President, Geo. B. Kerper; Vice-President. ,T A. Bope;
.
Secretary, Jacob Strader; Treasurer, C. D. K inney; General Manager
FORT WORTH & ARLINGTON HEIGHTS
and Purchasing Agent, C. F. Smith.
STREET Ra i l w a y O r ganizatio n , E t c .—The Fort Worth & Arlington Heights Street
By., Ft. Worth Land & Investment (about 4,000 acres), Arlington
Heights Electric Light Co. and Arlington Heights Water Co. were pur
P opulation in 1890 was 3,617; in 1880 was 2,503;
chased by bondholders in June, 1895.
and in 1870 was 2,992.
The Ft. Worth & A. H. Street By. is leased for 5 years to Glenwood
CITIZENS STREET RAILWAY.—A trolley road.
& Polytechnic College St. By.
O r g anization —Opened to traffic August 27,1892.
Operates 6 ^ miles of track on 2*2 miles in streets; balance, suburban-
FALL
R IV E R , M A S S .
F O R T S M IT H , A R K .
F O R T W A Y N E , IND .
F I N D L A Y , O H IO .
FORT W O R T H , TEX.
F IS H K IL L -O N -T H E -H U D S O N , N. Y .
STREET
40
RAILWAYS,
GALESBURG,
FORT WORTH STREET RY.-A trolley road.
O r ganizatio n —Chartered in 1894 to succeed the North Side Street
RR. Co., foreclosed Nov. 20. Stock, $200,000. Bonds, first mortgage
coupon gold 6s, dated 1896 due 1926; interest J.&.J at Mercantile
Trust Co., N ew York; authorized, $250,000; issued, $150,000.
Road —Operates 12 miles of track. President, K. M. Van Zandt;
Secretary, T. A. Tidball; Gen. Man. and Purch. Agent, G. B. Hendricks.
GLENWOOD & POLYTECHNIC COLLEGE
STREET RAILWAY<
REORGANIZATION, Et c .—A reorganization in 1896 of Glenwood &
Polytechnic Street Ry. Electricity introduced and 6 new motor cars
purchased. The company has a 5-year lease of the Fort Worth &
Arlington Heights Street Ry. Stock, $50,000; hoods, $50,000.
ROAD—Owns road 6 miles long; leased line, 61 miles; total, 12*s miles.
2
OFFICERS—President and General Manager, J. T. Voss; Secretary
and Treasurer, Woodford Brooks; Electrician, W. E. Voss.
P opulation 1890
and
ILL.
was 15,264; in 1880 was 11,437;
IN 1870
was 10,158.
G A L E S B U R G E L E C T R I C MOTOR &
PO WER— tro
A
lley ro d
a .
O r g a n iz a t io n — Chartered in 1892for 20 years,being a consolidation
of the College City Street Ry. and the Galesburg Street Car companies.
S tock & B onds —
Date. Interest. Outstand’g. Maturity.
Stock ($210,000), par $100........................... $210,000 . . . . . . . . . . ----1st M. ($125,000)................
1892
M-S
125,000
1902
Subject to call at 105 after Sept. 1,1897. Trustee, Nor. Trust Co., Chic
Road —Owns 8 miles of main track and 1 mile of sidings, laid with 50
lb. T rails, in Galesburg, 111 and extending also to East Galesburg.
.,
OFFICERS—President and General Manager', Fred. Seacord; VicePresident, R. Chappell; Secretary and Treasurer, Loren Stephens.
G A LV E ST O N , TEX.
F R A M IN G H A M , M A SS.
P opulation 1890
P opulation 1890 was 9,239 ;
in 1880 was 6,235 ;
and in 1870 was 4.968
and
was 29,084; in 1880 was 22,248;
was 13,818.
IN 1870
FRAMINGHAM UNION STREET RY-
G A L V E S T O N
O r g a n iz a t io n .— incorporated in 1887.
O r g a n iz a t io n — Incorporated May 2,1871.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Stock (par $100.)........................................
$60,000 ......... -----1st mortgage, currency.. $ 1889
5 J-J
50,000
July 1,1909
Not su meet io call.
( Interest at North Nat. Bank, Boston.
L ’ns,eto.pay.(net)Oct.31,’9 7 .......................
$26,107
............. .
R O A D — Operates main track 6-91 miles ; sidings 0'44 of a mile.
In March, 1898, permission was asked from the Railroad Commis
sioners to issue $20,000 additional stock, $10,000 2d mortgage 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 :
Fr. to Sept. 30— 1897.
1896. I
J-897l 898Gross earnings $19,936 $18,717 I Bal. for dividends.$3,166
None
6,103
4,533 I Tot. surp. Sept.30. 2,334 $7,101
N e t ..................
Int. taxes, etc... 2,937
4,533 |
O FFICERS— President, James R. Entwistle, Saxonville, Mass.; Treas'
urer, F. E. Gregory, Framingham, Mass.; Clerk of Corporation, Ira B.
Forbes, South Framingham.
FRANKFORT, KY.
P opulation 1890 was 7,892: in 1880
AND in 1870 w a s 5,396.
was 6,958;
FRANKFORT & SUBURBANR Y . - A trolley road.
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 modern improvements since purchase by new
company. Stock, $10,000; bonds authorized, $40,000; issued $30,000
OFFICERS— President, Charles R. Crain, Springfield, O.; Vice-Presi
dent, Patrick McDonald; Secy., Treas. and Gen. Man., John T. Buck_
ley, Frankfort, Ky. V. 64, p. 422,1180.
RECEIVERSHIP.—R- B. Baer appointed receiver in October, 1897.
Foreclosure suit in progress, July, 1897, coupons being unpaid. City
of Galveston claims $43,399 for overdue taxes.—V. 65, p. 824.
S t o ck & B o n ds—
Date. Interest. Outstanding. Maturity.
Stock (par $50)......................... See text
$1,000,000 ....... -------, *
Z. ' „„„
( 1893 5 g J - J
1,000,000 Jan. 1,1913
$1,000,000, g., Sju iy *97( coupon in default. Guar. Tr. Co.
$i,ouo....... .............. c. ^ 0f n , y ., Trustee, New York City.
As collateral.
(?)
2d M. $75,000 ($1,000each)....... 6 quar.
The 2ds for $75,000 were issued to Guaranty Trust Co., N. Y., as
collateral for a promissory note of $50,000.
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 since.
Proprietary road
Miles.
R o a d — February, 1897. Miles.
(Entire st’k & bonds owned)
Owned in fee, mainline........ 36
Gulf City St. R’y &Real Est. Co. 5
Sidings..................................
*2
Weight of rail..................... 40 lbs.
Total of all..........................41
1897.
1896.
Yrs.end.Dec.31. 1897.
1896.
.......
Gross earnings.$213,468 $212,661 Damages, etc___$12,473
Approx, surp... 10,574 $23,165
Net over taxes. 83,488
80,342
28,191
57,177 Tot. surp. Jan. 1. ........
Interest.......... 60,439
The apparent surplus for 1897 and the cash on hand in March, 1898»
are explained by saying that the usual replacements from week to
week have not been made.
OFFICERS—President and Gen’l Manager, Julius Runge, Galveston;
Secretary, A. Drouilhet; Treasurer, J. Lobit,—V. 65, p. 728, 824.
F R A N K L IN , PA .
P opulation
in 1890 was 6,221; in 1880 w a s 5,010;
and in 1870 was 3,908.
FRANKLIN ELECTRIC STREET RY.—
Stock (par $50), $60,000; 1st mortgage ($50,000) 6s, 1894, due 1924,
$2,000; unfunded debt June 30, 1897, $43,053. Operates 3*3 miles
of track through the principal streets of Franklin, Pa. Rail, 60 lbFor year ending June 30, 1897, gross, $13,762; net, $1,426. In
1895-6, gross, $13,834; net, $2.370. In 1894-5, gross, $7,812; net, $170.
OFFICERS— President and Treas., E. W. Echols; See’ry, G. S. White.
F R E D E R IC K , M A R Y L A N D .
P opulation
in 1890 was 8,193; in 1880 was 8,659;
and IN 1870 WAS 8,526.
FREDERICK & MIDDLETOWN ELECTRIC
RAILWAY-A tro
lley ro d
a .
O r g a n iz a t io n —Commenced operation in fall of 1896. Capital stock
uttiorized, $100,000; issued, $40,000. 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
Jan. 1,1907; trustee, Maryland Trust Co., Baltimore. Second year of
operation gross earnings were about $18,000, a large increase over
the first year.
R o a d — Frederick to Middletown. 9 miles. Has leased the Catoctin &
Myersville Electric, Myersville to Middletown, 5 ^ miles, under con
struction in July, 1898. President, Geo. W. Smith.
C I T Y R A I L R O A D —A trolley road.
G A R D N E R , M A SS.
P opulation
in 1890 was 8,424; in 1880 was 4,988;
IN 1870 was 3,333.
GARDNER ELECTRIC STREET R’WAY.A trolley road.
O r g a n iz a t io n — Capital stock, $50,000; par, $100. Sept. 30, 1897,
loans and bills payable, $27,200. The company petitioned the Massa
chusetts RR. Commission for authority to issue $30,000 of 5 per cent
30-year gold bonds.
ROAD— Main track, 4-34 miles; sidings, 0-12 m.;total track, 4-46miles.
EARNINGS— For year ending Sept. 30, 1897, gross, $17,621; net,
$2,240; interest, taxes, etc., $4,046; dividends (2*3 per cent), $1,250;
balance, deficit for year, $3,056. President, Frederick S. Ooolidge;
Treasurer, James A. Stiles.
G E N E V A , N. Y .
P opulation 1890
was 7,557; in 1880 was 5,878;
and in 1870 was 5,521.
GENEVA WATERLOO SENECA FALLS &
CAYUGA LAKE TRACTION— ro
T lley
.
ORGANIZATION —Chartered Nov. 24, 1894. February, 1895, consoli?
dated with Geneva & Waterloo and other companies. The new com
pany owns the Cayuga Lake Park property of 50 acres.—V. 60, p. 562
STOCK & BONDS—
Miles. Date. Interest. Outstan’g. Maturity.
Com. stock, par, $100...................................... $350,000 ................
Pref. stock, $100,000.......................................
100,000 . . . . . . . . . . . .
1st M.,($500&$1,000) g .o *....... 1895 6 g. A -O 431,500 Apl. 1,1920
Bills payable June 30,1898, none.
P opulation in 1890 was 3,399; in 1880 was 2,692
Interest at West End Tr. & S. D. po., Phila., trustee.
and in 1870 was 2,546.
Stock.—In November, 1896, the stockholders surrendered $100,000
D U N K I R K & F R E D O N I ARAILROAD— of common stock, which was duly made into preferred stock, of which
A trolley road. Population in 1895 estimated at 4,000.
100 shares was paid to the stockholders who had surrendered the
O r g a n iz a t io n — Chartered April 21,1864. Company is also engaged
1,000 shares of common stock.
in electric lighting and steam heating, the expenses of these depart
Bonds—On June 30,1897, $68,500 of bonds were held in the treas
ments being included in the railroad operating expenses and the re ury. The bonds of the old companies were taken up and the mort
ceipts are shown in other income. In June, 1897, purchased Fredonia
gages canceled.
gas plant for $9,600, giving note therefor (included in bills payable
R o a d — The road extends from Geneva to Cayuga Lake Park through
June 30,1897). Securities and earnings are as follow s:
Waterloo and Seneca Falls, 161 miles; sidings, % miles. Rails 70-lb»
«
EARNINGS— Year ending June 30:
Stock auth.,$150,000; par
girder and 60-lb. T1897.
1896.
$100; stock sold.........$100,000
E a r n in g s — For year ending June 30, 1897, gross, $62,401; net,
$19,885
ist mort. 5s, J. & J ......) 40,000 Gross..............$18,888
Net................. 7,479
4,848 $19,991; other income, $216; interest on bonds, $25,260; taxes,
(Due July 1,1911)..... S
6,258
6,983
Bills payable June 30, ’97. 21,300 Other income..
4,508
4,472 $2,062; other interest, $806; balance, deficit, $7,921. In 1895-6;
R o a d — Owns 3*2 miles of single Int. and taxes.
6,000 gross, $53,070; net, $12,518.
and one-fifth miles of second track. Dividends...... 6,000
President, Isaac M. Thomas, Wilkesbarre, Pa.; Secretary and Treas
OFFICERS-— President, Willard McKinstry; Secretary-Treasurer and
urer, W. C. Gray, Seneca Falls.—V. 60, p. 562.
Manager, Milton M. Fenner.
F R E D O N IA , N. Y .
STREET
RAILWAYS.
G IR A R D V IL L E , P A .
P opulation 1890
Road —Owns 141 miles of single track and *4 miles of sidings.
a
was 3,584; in 1880 was 2,730.
SCHUYLKILL TRACTION CO. trolley road.
—A
ORGANIZATION—Chartered Sept. 26,1892, and in June, 1893, com
pleted an electric road, 2 2 ^ miles In length, in the anthracite coal
asin of Schuylkill County. The population tributary aggregates
about 75,000 people, and it passes about forty collieries. Lakeside,
By. of Mahanoy City, Pa., was reported leased in February, 1897.
S & Oii,S )0 B§ ND | l0 0 ^ ; Date_\ In!ere8l_: $1000 0 0 0 & Maturity0 O,
Is tM . ($500,000), g .,) 22ifl 3.893 5 g A - 0 ’ 500,000 ' Apr. 1,1943
i T m o y rly ^Interest is paid at Equit. Tr. Co.. Trustee. Phila.
arter Api. 98— c* ) Bonds may be purchased for sinking fund at 105.
Road Owns 221 miles of track (length of line from extreme points
a
about 15 miles), 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.
ANNUAL R eport —E arnings for years ending September 30:
i oo/SkS"“
Gross.
Wet.
Interest. Bal., surp.
} | 9f-97........................$92,778
$36,911
$25.000
$il,911
....................... 96,809
40,801
25,000
15,801
1894-95........................ 90,981
33,360
25,000
8,360
OFFICERS—President, Dallas Sanders, Drexel Building, Philadelphia
Secretary and Treasurer, J. A. Johann; General Manager and Purch
Agent, E .W . Ash.—V. 62, p. 334; V. 63, p. 795.
G L E N S F A L L S , N. Y .
G L E N S
f a l l s , s o u t h
g l e n s
f a l l s
S A N D Y H IL L & F O R T
E D W A R D
S T R E E T
R A I L R O A D —A trolley road.
ORGANIZATION—Chartered Sept 23,1885; amended 1891. Estimated
population of district served, 1898,27,500.
S tock & Bonds —
Date. Interest. Outstanding. Maturity.
Stock, $150,000, par $100.........
5 Q.-F.
$150,000 Aug.,’98,114%
1st M. (no option) ($500 > 1QQ1
« T r
100,000 July 1, 1911
and $1,000) .............. c. < 1891
6 J -J
2d mortgage ($500)....... c. 1893
6 J-J
M 1,1913
SA
50,000 July I , A 7 t
Interest at Merchants’ Nat. Bank, Glens Falls
DIVIDENDS—In fiscal year 1894-95 paid 1 per cent.; in 1895-6, 4 p. c.
in 1896-7,5 p.c.; in 1898, Feb., 1 ^ p. c.; May, l\ i p. c.; Aug., 114 p. c.
ROAD—Glens Falls to Fort Edward, 7'84 miles; sidings, 1-18 miles,
race track branch, ^ mile; So. Glens Falls Branch (completed Oct. ’96)
1*2 miles; total track, 10-52 miles. Rails 40 lbs.
A n n u a l —E arnings for fiscal years ending June 30:
1
o
^ Net'
Other inc. Int.dktax. Dividends. Dal.,sur
1897-8..$61,537
$18,080 $2,882 $11,082 (5%) $7,225
$8 184
1896-7.. 57,488
23,003
204
10,621 (5%) 6,875
5)711
OFFICERS—President, J. M. Coolidge; Secretary, Treasurer, F. F.
Pruyn; Supt., J. E. Derrick.
GLOUCESTER
M ASS.
G L O U C E S T E R E S S E X & B E V E R L Y R R -A n
electric road opened Aug. 21,1895.
„ S tock & B onds —
Date. Interest. Outstanding. Maturity.
Stock (par $100)...................................
*250 000
See text
Bonds,$125,000 ($1,000)) 1896 5 g J - D
125,000
D e c lin e
gold, 0 ... ...
5 int. at American L. & T. Co., Boston, trustee.
Loans payable(Oot.l,’97 ....................
$30,000
......
D ividends —I n 1895-6, 4 p. c.; in 1896-7, 2 p. 0. ’
Road —Owned Oct. 1,1897, 22-2 miles of main track and -6 mile of
siding. Commenced operations August 21,1895.
Earnings —For year ending Sept. 30, 1897, gross, $58,641; net,
$21,147; charges, $11,815; dividends, $5,000; bal., surplus for year,
$4,332. In 1896-7, gross, $58,264; net, $19,733; interest and taxes,
$7,581; dividends, $10,000; bal., surplus. $2,152. Total surplus Oct.
1,1897, $1,548. President, W. B. Ferguson; Secretary and Treasur
er, G. A. Butman; Office, 53 State Street, Boston.—V. 64, p. 82.
G L O V E R S V I L L E , N. Y .
P o p u la t io n 1890 w a s 13,864; i n 1880 w a s 7,133:
a n d in 1870 w a s 4,518.
C A Y A D U T T A E L E C T R IC R A IL R O A D —
ORGANIZATION—Leased for 999 years from May 1,1894, to the Fonda
Johnstown & Gloversville, which guarantees the bonds, principal and
interest, and agrees to pay leased road net earnings up to 4 per cent
ou capital stock per annum, besides paying all fixed charges.
sto i£ c|35oB ooDSr . ........... DT :. In! Z t h
s
Maturi‘yls< i Ann4-’ $350’°.°0 gold "( i§92 6g. A -O
b
350,000 Oct" T 1922
$1,000, guar. p. < i........ ( int. at Farmeis’ Loan & Tr., N. Y. City
fc
Current liabilities June 30,1897...
$89 707
Earnings —The earnings are included in those of the Fonda Johns
town & Gloversville RR. Co.
O fficers —A ddress Fonda Johnstown & Gloversville RR. Co.
JOHNSTOWN GLOVERSVILLE & KINGSBORO RR.— n e c
A le tric ro d
a .
ORGANIZATION—Chartered Nov. 12,1873, and in November, 1893,
leased to the Fonda Johnstown & Gloversville (steam) Railroad Co.
for 999 years, its bonds being assumed and 8 per cent per annum be
ing guaranteed on its stock.
Miles. Date. Interest. Outstand’g. M aturity
Stock, $50,000 (par, $100).................... 8 p .c . $50,000
.
1st m rtg g
o a .................... 4-11 ....... 6 J-J
e
50,000
" 1913
Interest is payable at the Metropolitan Trust Company, N. Y. City.
Road Owns single track, main line, from J ohnstown to Glovers
ville, 4-08 miles; branch, -03; total, 4-11 miles.
G O S H E N (E L K H A R T CO.), IND.
P opulation 1890
was 6,033; in 1880 was 4,123;
and in 1870 was 3,133.
INDIANA ELECTRIC R Y —A trolley road.
P o p u la t io n 1890 w a s 9,509; in 1880 w a s 4,900;
a n d in 1870 w a s 4.500.
P o p u la t io n 1890 WAS 24,651; i n 1880 w a s 19,329;
a n d in 1870 w a s 15,389.
G L O U C E S T E R S T R E E T R Y . —A trolley road.
O rganization —I ncorporated December 29, 1885.
S tock & B onds —
Date. Interest.
Outstand’g. Divid’s, etc.
Stock, par $10° .............
.... See below.
$180,000
See text.
l8‘ “ 'ortgage ........ . . . . 1 8 8 7
5 M -S
60)000 Apr. 1,1907
„ [ 4 1 interest is payable at American Loan & Trust Co., Boston. 1
1
Unfunded debt Sept. 30,1897................. .
57,375
1
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.
Road —Owns 10 miles of track and has ** mile sidings, etc.; leases
Gloucester & Rockport (rental, $1,800), 1 ^ miles.
Earnings —For year ending Sept. 30 the earnings have been:
1897.
1896.
1897
1896
Gross earnings..$66,398 $64,777 Balance for divs.$16,435 $11,883
N e t ...............
27,765
22,337 Div. p a id ....___ 10,800
10.800
Inter., taxes, etc. 11,329
10,454 Bal.,sur. for year 5,635
1,083
OFFICERS President, W, B. Ferguson, Malden, Mass.; Secretary and
Treasurer, D. S. Presson, Gloucester, Mass.
•
41
O rganization This company was chartered to construct and
operate a street railway in the cities o f. Goshen and Elkhart and
village of New Paris. In 1896 population of Elkhart estimated at
14,000 and of Goshen 9,000 (these cities are 8 miles apart.)
„.STOCK & B onds
Par. Date. Interest. Outstand’g. Maturity.
Stock.......................................................
$110 000
“
1st mt., $500,OOO.g.,s.f.,) 1,000 1895 6g. M -N 110,000 Nov. 1,19*25
notsubj.to call,$1,000) Interest at Royal Trust of Chicago, trustee.
Stock increased in 1896 from $25,000 to $110,000.
N e w Mortgage —The first mortgage of 1895 replaces the old mort
gage of 1894, which was canceled in November, 1895. Additional
bonds may be issued at $5,000 per mile 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 G-oshen;
10 miles are to be built from Elkhart via Goshen to Wabash RR. at
New Paris in spring of 1898.
O fficers President, K. G. Ripley, Goshen, Ind.; Secretary and
Treasurer, W. L. Stonex, Goshen, Ind.—Y. 61, p. 925.
GRAND
R A P ID S , M IC H .'
P opulation 1890
was 60,278 ; in 1880 was 32,016 ;
and in 1870 was 16,507.
CONSOLIDATED STREET RY - A trolley road.
S tock & B onds —
Date. Interest. Outstanding.
Maturiti
Stock, common................
$1,500,000
do preferred..............
.......
1,230,000
Street Ry. Co. 1st mort. 18.87
6 J -D
600,000 June 1,1912
$1,000............... c* & r.
Int. due Dec.l, 1897, paid June 1,1898
Consol. St. Ry. Co. 1st M.
5 g F -A
1,200,000 Aug. 1,1916
$3,000,000 gold........... , 1891
North Park Street Ry., < 1894
5 J- J
50,000
Julv I i q i j
1st, $75,000 ($1,000).. ( Int. at Mich. Tr. Co., trustee, Gr.Rapids,'Mich
Consolidated St. Ry. 5s of 1891 for $2,400,000 were issued, but in
February, 1896, bondholders voluntarily surrendered one-half then
bonds, receiving preferred stock therefor at par.
Interest due Dec. 1,1896, on old Street Ry. first 6s was paid June 1,
1897. Holders of these bonds were asked to exchange them for Con
solidated St. Ry. 5s at par.—V. 64, p. 180.
First Mortgage 6s of iqi2 Committee: Chairman, B. D. Verrill, Port
land; Wm. Blodget, Boston; W. J. Hayes, Cleveland; A. G. Hodenpyl
Grand Rapids; A. G. Rogers, Portland, Me.; depositary, State Street
S. D. & Tr. Co., Boston: $560,000 of these bonds have been deposited
—V. 64, p. 287, 610. Reorganization pending.
Road —I n May, 1896, said to operate 49 miles of track, including
North Park Street Railway, 4*2 miles.
8
OFFICERS—President, Gen. Man. and Pur. Agt., G. S. Johnson; VicePresident, D. M. Cummings; Secretary, O. S. Gaither; Assistant Secre
tary and Treasurer, B. S. Hanchett, Jr.—Y. 63, p. 1115-v 64 n 180
287, 610; V. 65, p. 367; V. 67, p. 319.
’
’
G R E A T F A L L S , MON.
P opulation 1890 was 3.979.
GREAT FALLS STREET RY - A trolley road.
O rganization —I n hands of W. D. Dickenson as receiver.
M.for(!500,000 gold............. 1891
ii e f f lO Jane 1 1905
Mortgage trustee, Massachusetts Loan A Trust Co., Boston.
*
ROAD—Operates 8^ miles of track and 8*2 miles of road.
EARNINGS—For year 1896 gross, $26,091; net, $2,568.
G R E E N B A Y , W IS .
P opulation
in 1890 was 9,069; in 1880 was 7,464;
in 1870 was 4,666.
FOX RIVER ELECTRIC RY.—
Trolley,
R eceivership In January, 1898, Mitchell Joannes of Green Bay
and Thomas W. Spence of Milwaukee were appointed receivers. Capital
stock, $100,000. First mortgage authorized $300,000; issued to May
1897, $130,000; dated 1894, due Jan., 1924; int., 6. p. c. gold, J-J
at Farmers’ L. & T. Co., N. Y., trustee bonds, $500 and $1,000 c*.
STREET
42
RAILWAYS.
ROAD—Owns 14% miles track; 45 and 78-pound rail; 12 motor
cars, 8 trailers. The line runs from Appleton to Neenah and Menasha,
and was ultimately to be extended to Kaukauna. With the Milwaukee
Racine & Kenosha Electric Ry., etc., to form part of a through
trolley route between Milwaukee and Chicago, Appleton Power
Co. to furnish the power. In May, 1898, operation of road w as wait
ing arrival of new cars. Superintendent. A. E. Goodrich.
G R E E N F IE L D , M A S S .
P o p u l a t io n 1890 w a s 5,252; i n 1880
AND IN 1870 WAS 3,589.
w as
3,903;
G R E E N F I E L D & T U R N E R S FALLS
STREET RAILWAY.— tro
A
lley ro d
a .
ORGANIZATION—Commenced operation June 24, 1895. Owns 750
feet steel bridge across the Connecticut River at Deerfield.
STOCK & Bonds —
Date.
Interest.
Outstanding.
Stock, full paid, ($100) .........................
$100,000 8% in ’96-97
1stmort.,gold, s. f . ... 1896
5 g, J&D
98,000
June 1,1916
.................
Notes payable Sept. 30,1897 * ............
16,000
BONDS—The mortgage (originally $100,000) provides for the pay
ment of $2,000 annually from 1897 to 1915, inclusive, at a premium.
ROAD—Greenfield to Deerfield, Montague City and Turners Falls,
12*86 miles; sidings, 0*41 miles; total track, 13*27 miles.
EARNINGS—For year ending Sept. 3 0 ,1897, gross, $32,252; net, $13,489, applicable to interest, taxes, and 8 p. c. dividends. President,
Frank E. L o w e ; Treasurer, Frank E. Pierce.—V. 63, p. 76.
H A G E R S T O W N , MD.
P opulation 1890 was 10,118; in 1880
IN 1870 WAS 5,779.
was 6,627;
HAGERSTOWN & POTOMAC ELECTRIC
RAILWAY-A trolley road.
ORGANIZATION— Formed in 1895 and in December filed a mortgage,
for $200,000, to the Harrisburg Trust Co. of Harrisburg, Pa., as
trustee. Stock $200,000. Pres., Christian W. Lynch.—V. 61, p. 1064.
HAGERSTOWN RAILWAY.-A tro
lley ro d
a .
ORGANIZATION—Chartered March 12, 1896, for 40 years. Has con
tract with the city to furnish electric lighting.
S to ck & Bonds—Capital stock, $200,000; par, $50. First mort.
gage is for $200,000 gold 6 p. c. bonds, dated 1896, due May 1,1916;
interest, Q.—F., at office of Commonwealth Guaranty Trust & Safe
Deposit Co. of Harrisburg, Pa., trustee of mortgage.
Ro a d —H agerstown to Williamsport and Funkstown, 13 m. of track.
President, Christian W. Lynch; Treasurer, Wm. Jennings.
H A M IL T O N , O HIO.
P opulation
in 1890 was 17,565 ; in 1880 was 12,122 ;
and in 1870 was 11,081.
CINCINNATI & MIAMI VALLEY TRAC
TION.— tro
A
lley ro d
a .
H A R R IS B U R G , P A .
P opulation 1890
was 39,385; in 1880 was 30,762
and in 1870 was 23,104.
H A R R IS B U R G
T R A C T I O N —A trolley road.
ORGANIZATION—Organized in May, 1895.
STOCK & B onds —
Par. Date. Interest. Outstand’g. Last Div.
Harrisburg Traction,
stock, $2,000,000...
50 ....... 2% F -A $1,870,000 Aug., 1898
75,000
May 1,1924
Citizens’ Passenger— $ ....... 1894 6g. M -N
1st M., $75,000, gold < Int. at Com’wealth Guar. Tr. Co., Harrisburg
Leased to E. Har. Pass. Ry.—
Harris. City Pass. stk..
25 ....... 12 J-J
$125,000 July, 1898
Middletown H.&S.stk.
50 ....... 10 J-J
100,000 July, 1898
The Traction Co. holds in its treasury $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 30,1896, $31,000.
R O A D — Leases and operates 47 miles of track as follow s: East H ar
risburg Passenger, 24 miles; Citizens’ Passenger, 6 miles; Harris
burg City Pass., 5 miles; Middletown Highspire & Steelton Pass., 12 m.
L atest E arnings—1 month > 1898......Gross, $27,288 ; net, $14,678
July.
$1897...... Gross, 23,210; net, 10,249
Earnings lor years ending June 30:
12 mos.
Gross.
Net.
Int., taxes, etc. Dividends. Bat., sur.
1897-98....$245,065 $117,210
$49,229
$46,750
$21,231
1896-97___ 221,389
90,028
52,518
18,700
18,810
OFFICERS— Pres.,E. C.Felton; V.-Pres.,B.F. Myers; Sec. and Treas.
W. J. Calder; Supt. and Purch. Agt., F. B. Musser.—V. 63, p. 227.
HARRISBURG & M E C H A N I C S B U R G
ELECTRIC RAILWAY C O . — A tro
lley ro d
a .
O r ganization —Chartered May 7,1892.
STOCK & Bonds —
Date. Interest. Outstand’g. Maturity.
$144,500
.............
Stock auth., $¿25,000.....................................
144,500 Sep.,1914
1st mort., $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 ending June 30,1898, gross, $23,194; net, $11,642; interest
and taxes, $11,464; surplus, $178.
ROAD—In Feb., 1898, operated 7 miles of track.
HARTFORD,
CONN.
P opulation 1890 was 53,230; in 1880
AND IN 1870 WAS 37,743.
was 42,553;
HARTFORD MANCHESTER &
VILLE TRAMWAY CO-
ROCK
STOCK & BONDS—
Date. Interest. Outstand’g.
When due.
Stock $500,000 (par $ 1 00 )........................ $300,000
.............. ...
1st mort., $300,000.......... 1894 5 A -O
200,000
Oct. 1, 1924
2,507
...................
Acots. payable Oct. 1,’97..........................
Road —I n J anuary, 1898, operated 18*75 miles of track, extending
to Manchester, Talcotville and Rockville, extension to Rockville
operated from January 8, 1898.
EARNINGS— Year ending Sept. 30, 1897, gross, $64,817; net, $10,
630; interest and taxes, $12,243 ; balance, deficit for year, $1,613.
OFFICERS—President, M. S. Chapman; Sec., J. W. Haynes; Treas.
O. H. Wickham; Gen. Man.,H. J. Wickham.—V. 65, p. 1069.
ORGANIZATION— Chartered in 1896, with right to carry passengers,
freight, etc. Franchises run part 25 years and part 50 years. Road
opened July 12,3 897. Operates from Hamilton to Dayton, 37% miles.
STOCK & Bonds —
Date. Interest. Outstand'g.
Maturity.
Stock, $650,000 ($100)............................
$650,000
................
First mortgage, $650,000 5 1896 5 J-J
650,000 July 1,1917
HARTFORD STREET RAILWAY— tro
A
lley ro d
a .
($1,000)...................... ( mt. at Finance Co. of Pa., Phila., trustee.
STOCK & B onds —
Date. Inter’t. Outstanding. Last div., < c.
£
Guaranteed Loans—
Q -J See text.
July 1,’98,1%%
Dayton Traction 1st M., $ 1896 fg . J-J
$250,000 July 1,3916 Stock ($2,000,000, par $100)........
($1,000),int. guar..c* (In t. at FinanceCo. of Penn.,Phila.,trustee. Hartford & ) 5-20 year Deb’ . 1888 5 M - S $100,000
Sept. 1,1908
ebentures, gold, as- S....... 6g. M-S
50,000 Mar. 1 , 191o Wethersf’d $
do
1890 5 M -N 200,000
May 1,1910
do
do
Burned...................... f S. f., $2,000 yearly, beginning July*, 1898.
Sept. 1,1912
1892 5 M - S 100,000
do
do
do
ROAD—Operates from Hamilton to Dayton, O., 37% miles, of which,
July 1,1913
do
1893 5 J - J 100,000
do
do
Miamisburg to Dayton, 11% miles, leased from Dayion Traction Co. Hart). St. Ry.
Oct. 1,1914
1894 5 A -O 300,000
do
do
do
1894 5 J - D 300,000
Dec. 1,1914
do
for 999 years from April, 1898, for dividends on stock and its guaran
do
May,
1915
do
1895 5 M -N 300,000
do
do
ty of interest on $250,000 1st 5s and assumption of $50,000 deben
Aug.,
1915
1895 5 F - A 300,000
do
do
do
ture 6s. V. 66, p. 1237.
March, 1916
1896 5 M -S 277,000
do
do
do „
EARNINGS— Eor month ending July 31, 1898, $13,461, against $10,* East H. & GlaMb. debentures ) l g97 5 j _ D 200,000
Dec. 1, 1927
’
guar., red. Dec. 1,1900___$
552 in 1897; net, $7,214.
Interest is payable at Connecticut Trust Co., Hartford, Conn.
OFFICERS— President, Dennis Dwyer; Treasurer, W. A. Stern; Secre*
In December, 1897, company decided to increase its stock from
tary, William P. Schwab.—V. 66, p. 1237.
$200,000 to $1,000,000, offering new stock to old stockholders at
par to pay floating debt; stock subscriptions, payable on Jan. 1, April 1,
July 1 and Oct. 1,1898, $200,000 on each date.
The debentures are all subject to call at par after five years from
P opulation 1890 was 5,428; in 1880 was 699.
HAMMOND WHITING & EAST CHICAGO date of issue. They will all be secured by any future mortgage.
Dividends. -In 1894,6p.c.; ’95, 6; ’96,6; ’97, 6 p.c.; ’98, Jan., 3 p .c ..
ELECTRIC RAILWAY— tro
A
lley ro d
a .
O r g a n iz a t io n — Chartered in 1892. Franchise runs till 1917. Con July, 1% p. c.; dividends to be quarterly thereafter.
Road —Lines extend to Wethersfield, West Hartford and Windsor.
trolled in interest of South Chicago City Ry. V. 62, p. 86.
East Windsor, East Hartford and South Glastonbury, in all 65*6 miles
S tock & B onds — Miles. Dale. Interest. Outstand’g. Maturity.
Stock, $360,0( 0.........................................
$287,OOo
.............. .. main track and 6*2 miles sidings, etc. Standard for the city is 90-lb.
1stM., $100,000, gold 22 1894 5 g.M -S
100,000 Mar. 1,1904 girder rails and in the country T rails.
InterestpayableatNorthern Trust Co., mortgage trustee, Chicago, 1 1
1.
East Hartford & Glastonbury is controlled by ownership of stock,
Road —Owns 22 miles of track, extending from State line at Roby to and leased tor 30 years from 1697. Part of the Newington Tramway,
Whiting, East Chicago and Hammond, and operates in connection with from Newington Church to Hartford, was purchased in 1897, and a
South Chicago City hy. to 63d St. and Madison Ave. in Chicago.
through line from Hartford to New Britain is operated via the Central
O fficers —President, A. Murray Turner; Vice-President, D. M. Ry. & Electric Co. of New Britain.
Cummings; Secretary & Treasurer. O. S. Gaither.—V. 62, p. 86, 502.
E arnings —For years ending Sept. 30 :
Gross.
Net.
Int. < taxes. Dividends. Bal.,sur.
£
1897.......... $576,992
$188,351
$145,386
$12,000
$30,965
1896........... 531,389
164,218
117,229
12,000
34,989
OFFICERS— President, E. S. Goodrich; Vice-President, Samuel G>
P opulation in 1890 was 6,538; in 1880 was 2,684.
Dunham; Sec. and Treasurer, Daniel R. H owe.- V. 65, p. 1069,1173
NEWPORT NEWS HAMPTON & OLD
ê
H A M M O N D , IND.
HAM PTON,
VA.
POINT RAILWAY .— tro
A
lley ro d
a ,
ORGANIZATION— Consolidation in 1897 of the Newport News Street
Railway and Hampton & Old Point Railway.
STOCK and B o n d s — Capital stock, authorized, $200,000; issued.
$87,500. Bonds, $230,000. Operates 14 miles of track. Pres., Gen.
Man., Supt. and Purch. Agt., F. W. Darling.
HARTFORD & WEST HARTFORD HORSE
RAILROAD— tro
A
lley ro d
a .
STOCK & B onds — Par. Dale. Interest. Outstand’g.
Maturity.
Stock, $1,000,000... $100 ....
Text.
$247,000
...... .1.
1st M., $315,000, ( 1,000 1894 5 F -A
279,000
Aug., 1924
$1,000......... c*. x Interest is payable at City Bank, Hartford, Conn.
STREET
RAILWAYS.
Sept. 30,1897, bills payable $21,575; other accounts, $26,936.
Road —Operates 13 ^ miles of track laid with 65-pound T rails, 10
miles of which it owns and upon 3*2 miles it has trackage rights. E x
tends from Hartford to Farmington and Unionville.
EARNINQS-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 Hennev; Secretary, W. J. Carroll; Super
intendent, T. L. McCormack.—V. 65, p. 1069.
H A V E R H IL L ,
M ASS.
population 1890 was 27,412; in 1880 was 18,472;
and in 1870 was 13.092.
HAVERHILL & AMESBURY STREET RY
—A trolley road.
„STOCK & B onds — .
Date. Interest. Outstanding.
Maturity
Stock, $250,000. par $100............ See text
$150,000 Oct.,’97, 3%
BlackRock&Salisb’vBeach51891 5 g J - J
122,000 July 1,1911
1st mortgage, gold......... ( Interest at International Tr’t Co.,Boston.
Haverhill&Amesb’yConsol. <1892 5g. J - J
178,000 July 1,1912
M. $300,000 g., $1,000. c* l Int. at Am. Loan & Tr. Co., trustee, Boston.
200,000
1911
Debenture notes.............. 1891 6
Loans payable Sept. 1, ’97................
18,396
D ividends —N ov. 1,1892, paid 4per cent; Sept. 25,1894, 4 per cent,
in year 1894-95, 4 per cent; in 1895-96, none; in 1897, Oct., 3 p. o.
ROAD—Has 2 7 ^ miles of track, including sidings, etc., l^a mile. On
Sept. 30,1897, electricity, 22 miles; steam, 3 miles; horses, 2*2 miles.
ANNUAL R e p o r t — For years ending Sept. 30 earnings have been:
Gross.
Net.
Int and Tax. Dividends. Bal. Stir.
1896-97... $99,485
$34,807
$28,700 (3%) $4,500
$1,606
1895-96... 99,048
28,181
27,889
..........
292
OFFICERS—President, Charles Goss, Amesbury, Mass.; Secretary and
Treasurer, Geo. A. Butm an; Office, 53 State Street, Boston.
H A Z L E T O N , PA.
P opulation 1890 WAS 11,872;
in 1880 was 6,935;
and in 1870 was 4,317.
43
$150,000; par, $100. First mortgage, $150,000, fives of 1895, J. & J
due 1925; interest at Farmers’ Loan & Trust Co., N. Y.
For year ending June 30, 1898, gross, $38,631; net, $20,244
charges, $10,308; dividends, $9,000; bal., surplus for year, $936
Ih 1896-7, gross, $41,348 ; net, $21,391; interest, eto., $10,434; divi
dends, $9,000; balance, surplus, $1,957. President, J. Ledlie Hees
Mohawk, N. Y.
H IN G H A M , M A S S .
P opulation 1890
was 4,564; in 1880 was 4,485;
and in 1870 4,422.
HINGHAM STREET RY.— tro
A
lley ro d
a .
ORGANIZATION— Commenced operation M a y 27,1896. Early In 1898
purchased ih Hull St. Ry. (2 miles), and the Nantasket Electric St.
e
By. (1% miles), for which purchases the Hingham stock for $28,500
and bonds for $14,000 wereissued and the Hull mortgage for $20,000
assumed.
STOCK & B onds —
Date.
Interest. Outstand’g.
Maturity.
Stock.......................................................
$188,000
...................
First M., $200,000, gold 1896
5g. J-D
154,000
June 1,1916
Hull St. Ry. first mort
gage assumed........... 1891
6g. J -J
20,000
July 1,1911
Owns 18 miles of track, including Hull and Nantasket lines. Con
nects with Quincy & Boston St. Ry. for Boston and with Braintree St.
Ry., Brockton St. Ry., etc.
E a r n in g s — Year ending Sept. 30,1897, gross, $43,961; net, $1,173 ;
interest and taxes, $9,143 ; balance, deficit, $7,970.
OFFICERS—President, S. R. Anthony; Treasurer, W. A. Tucker. Office,
53 State Street, Boston.
H O B O K E N , N. J.
P opulation 1890 was 43,648; in 1880
AND IN 1870 WAS 20,297.
was 30,999;
NORTH HUDSON COUNTY RY.— n e c
A le tric ro d
a
LEHIGH TRACTION COO rg anizatio n —Chartered Nov. 7,1892. Franchise perpetual. Owns
controls and has leased for 999 years, at an annual rental of $1 each
the Hazleton & Suburban Electrio Ry., capital $30,000; Hazleton &
South Side Electric Ry., capital $75,000; Hazleton & North Side Eleorio Ry., capital $75,000.
_ STOCK & B onds —
Date. Interest.
Outstand’g Maturity.
St’k $1,000,000 (au.)p.$100......................... $1,000,000 f. p........
1st mort. $500,000, gold, < 1893 5g. J - D
500,000 June 1 i923
$100, $500, $l,000...c* \ Trustee, Markle Bank’g & Tr. Co., Hazelton.
Car bam bonds, *55,000. 1895 5g. M-8
55,000
1925
Hazle Park b ’ds, $60,000.
1895 5g. A -0
30,000
1925
Bills payable J an. 1, ’98...........................
124,843
................
Interest (free of all taxes) is payable in New York or Philadelphia ex
change, if desired, at par, and is so stated on the coupon. Total sur"
plus Jan. 1,1897, $62,907.
ROAD— In August, 1896, was operating 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 MoAdoo (South) and Milnesville, Lattimer, Urinas and Freeland (North).
L a t e s t E arnings —7 months, <1898___ Gross, $53,676; net, $19,618
Jan. 1 to July 31.
(1897....Gross, 59,793; net, 23,413
Y E A R ’ S E arnings —R eport for 1897 in V. 66, p. 233, showed: Gross,
$109,101; net, $50,615; other inoome, $517; interest and taxes, $37,061; bal., surplus for year, $14,071. In 1896, gross, $120,881; net,
$56,546. Passengers carried in 1897 were 2,330,103.
O fficers —P resident, C. W. Kline; Treasurer, N. C. Yost; Secretary»
E. S. Doud; Gen. Man., A. Markle—V. 64, p. 232; V. 66, p. 233.
H E L E N A , MON.
P opulation 1890
w as 13,834; in 1880 w as 3,624;
and in 1870 w as 3,106.
HELENA POWER & LIGHT— trolley road.
A
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 tne Helena Gaslight & Coke Co.
STOCK & BONDS — Miles. Date. Interest. Outstand’g.
Maturity.
Stock.......................................................... $1,000,000 ............. ..
Helena Gas-Light < .......
1890 6 J - J
175,000 July 1,1910
& Coke IstMort. ( Interest at Minneapolis Trust Co., Minneap.,Minn.
Helena Power & L ’t 5 20 1895 5 per ct.
425,000 Jan. 1,1925
consol, mortgage.. \ Trustee, Central Trust Co., N. Y. City.
R oad —In November, 1896, owned about 24 miles of trolley trackO fficers —P resident, H. M. Parchen; Vice-President, T. A. Marlow»'
Treasurer, Herman Gans; Secretary, H. L. Walker.
O r g a n iz a t io n — Owns about 50 miles of street and elevated trolley
lines in Hoboken, W. Hoboken, Jersey C., U. Hill, Weehawken, Guttb’g
and North Bergen, N. J., and vicinity. Besides roads owned in fee,
controls Hudson & Bergen Traction Company, owning Jan. 1,1898,1*3
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 Comity RR. Co. Road runs through Hoboken, Jersey City,
West Hoboken,i Union Hill, Guttenberg, Weehawken, Fort Lee, etc. In
January, 1898, the funded debt aggregated $4,337,000; “other debts,'
$358,187; cost of road and equipment, $5,706,742.
STOCK & B onds —
Date. Interest. Outstand’g. Last div.,<fi
Stock auth’d $1,250,000 ($25) .... See text. $1,000,000
1892, 8%
6 J. - J.
620,000 Jan. 1,19;.
1st mortgage ($1,000).............
C
$620,000 ^t?retirel°stM°?* } 1888 5 J- " J2,378,000 July 1,1928
2d mortgage ($1.000).......... 1894 5 M. - N.
835,000 May 1,1904
Debenture 6s ($1,000)........... 1892 6 F. - A.
404,000 Feb. 1,1902
A n n u a l R e p o r t — Reports for je ars ending Deo. 31 show:
Gross.
Net.
Charges.
Balance.
1897....................$923,100
$296,063
$266,426
snr.$29,637
1896.................... 906,985
277,660
257,137
sur. 20,523
1895.................... 871,273
2 51,443
246,646
sur. 4,795
OFFICERS—President, M. Tierney; Secretary, F. J. Mallory; Treasurer,
Nicholas Goelz; General Manager, W. H. Starr. I n d e x —V. 62, p. 411.
BERGEN COUNTY TRACTION-Atrolley road.
ORGANIZATION—Began operating April 2 0 ,1896, road from Fort Lee
opposite 125th Street, N. Y., to Englewood, N. J., Leonia, Nordhoff,
etc. About 8 miles of track in operation J an. 1,1898. Ferry connects
line with N. Y, City. Proposes to build from Guttenberg to Hacken
sack, etc., and in June, 1898, arrangements were said to have been
completed. Stock authorized, $500,000, issued $200,000, 1st mort
gage, $500,000, Land Title & Trust Co., Philadelphia, trustee; none
issued Jan. 1, 1898; “ other debts,” $72,260. For 8I3 months end
ing Deo. 31,1896, gross, $22,319. Calendar year 1897, gross, $39,288;
net, $2,772. President, Jacob E. Ridgway, Philadelphia.
H O L Y O K E , M ASS.
P opulation 1890
and
was 35,528; in 1880 was 21,915;
IN 1870 was 10,733.
HOLYOKE STREET RAILWAY— ro y
T lle .
ORGANIZATION—Incorporated June 11, 1884. Population in 18£5
given as 40,322.
P opulation 1890 was 8,835 ; in 1880 was 5,365 ;
STOCK—
Date. Interest. Outstanding. Lastdiv.,ett.
Stock, $500,000 ($100).............
J-J
$400,000 June 30,’98,4%
AND in 1870 WAS 4,171.
Bonds ($500, etc.)......... 1895
5 A -O
250,000
Apr. 1,1915
HENDERSON ELECTRIC ST. RY.Trolley.
Leased line rental, Mt.
Tom RR. Stock, 6 p. 0...........
6
100,000
...................
O r g a n iz a t io n — Incorporated Feb. 13,’86, under a perpetual charter.
In 1896 $150,000 of stock was issued for construction, etc., and 6
_ STOCK & J B o n d s —
Date. Interest. Outstand’g
Maturity.
Stock (par, $100)..........................................
$50,000
miles of track were built. Iu March, 1898, the Mass. RR. Commis
Consol, more.,$60,000, cur. ) 1897
6 J-J
50,000 Jan. 1, 1912 sioners authorized the increase of the capital stock from $400,000 to
$500....... ...................c* ) Int. at Louisv. Tr., Louisville.Ky.,Trustee.
$500,000. This increase will be made in July, 1898, to capitalize the
ROAD—Owns about 5 miles of track.
E a r n in g s — For fiscal year ending June 30, 1897, earnings were floating debt. V. 66, p. 616. The loans payable were $141,200 Oct.,
1897.
“ sufficient to cover fixed charges and interest.”
Dividends—In 1892 to July, 1898, inclusive, 8 per cent yearly,
OFFICERS—President, E. P. Millett; Vice-President, E. W. Whiteby
ROAD— Iu October, 1897, was operating 30 6 miles of track. Oper
Secretary, E. G. Sebree, Jr.; Treasurer. D. Bank. Jr.
ates Mt. Tom (incline) RR., 4,900 feet long, under a 25-year lease.
E a r n in g s — For years ending Sept. 30 earnings have been:
1897.
1896.
1897.
1896,
Gross earnings.$216,684 $173,539 Divs. paid (8 p.c.)$32,000 $ 20,000
P opulation in 1990 w a s 4,666.
N e t.................
65,960
60,810 Bal., sur. for year 4,315
18,423
HERKIMER MOHAWK ILION & FRANK Int.,taxes, &c.. 29,645 22,387
FORT ELECTRIC RY.—
Bal. for div’nds. 36,315
38,423 T’lsur. Sept.30.$36,604 $50,449
O r g a n iz a t io n — Consolidation in February, 1895. On July 1,1897
OFFICERS—President, General Manager and Purchasing Agent, Wm
owned 5% miles of track; 6 motor and 6 trail cars. Capital stock S. Loomis ; Treasurer, Wm. R. Hill.—V. 66, p. 616.
HENDERSON,
KY.
H E R K IM E R , N. Y.
STKEET
44
RAILWAYS,
H OM ESTEAD, PA.
P opulation 1890
HOMESTEAD
was 7,911; and in 1880 was 592
& HIGHLANDS
STREET
See Monongahela Street Ry., Pittsburg, Pa.
H O O S IC K F A L L S , N. Y .
P opulation 1890
was 7,014; and in 1880 was 4,530.
BENNINGTON & HOOSICK VALLEY R Y A trolley road.
lien on about 26 miles; bonds authorized at $10,000 per mile on new
construction. In May, 1898, it was stated that plan would be pro
posed to retire the 1st M. 7s by sale of the 5s held by trustee for that
purpose.
Road —The property in Deo., 1897, consisted of 34 miles of track
and 8 miles under construction; 65 motor cars, 20 trailers and 800 oity
lots and other property valued at $140,000.
EARNINGS— From Jan. 1 to June 30, gross, $88,858 in 1898; $91,517
in 1897.
R e p o r t — Report for 1897 was in V. 66, p. 950, and showed Jan. 1,
1898, cash on hand, $3,034; bills payable, $8,930. Earnings for years
ending Dec. 31:
Gross.
Net.
Other inc. Int. < tax.
&
Bal.,sur.
$64,048
$2,039
$54,442
$11,645
1897......... $189,857
O r g a n iz a t io n —A consolidation in October, 1897, of the Hoosick
Ry. and Bennington Electric RR. A line was constructed from
Bennington to connect the roads, and a $250,000 mortgage has been
76,479
1,680
1122,272
55,887
authorized, of which $90,000 reserved for future needs and $160,000 1896 ::::::. 202,240
to be used to retire Hoosick Ry. 6s .$60,000 future extensions and im
If Includes interest ($15,372) only from Sept. 1,1896, 4 months.
provements. Total population served July 1, 1898, 25,000 to 30,000.
OFFICERS— President and Treasurer, A. N. Parlin; Secretary and
qTnn<
BONDS—
Date. Interest. Outstand’g. Maturity.
Stockroom., $130,000 ($ 1 0 0 ).......................
$130,000 ................ Assistant Treasurer, H. C. Chase; General Manager, H .F . McGregor*
Dir ecto r s —A. N. Parlin and George E. Smith of Boston; Austin
P ref., non- cum., non-voting,
5 per cent ($100)............./i894
6 J-J
60’000 July, 1924 Corbin of New York, and H. C. Chase, J. H. Kirby, T. W. House, W. D.
,
Hoosick Ry. 1st M., g. ($500). < Subject to call at par for s. f. after 1904 Cleveland and E. P. Hill, of Houston.—V* 61, p. 112, 281,611,925;
r Int. atlntern’lTr. Co.,trus.,Bost.,Mass. V. 62, p.84,277, 548, 869; V. 63, p. 229; V. 66, p. 950.
Ben. & H .Y . 1st M., $250,000, 0 8 9 7 5g. J-J
$100,000 Jan.1,1928
gold ($500 and $100)I . ...... cInt. at Intern’l Trust, Boston, trustee.
HOUSTON HEIGHTS ELECTRIC STREET
R o ad — l S ^ miles long.
Ra i l w a y E a r n in g s — For 4 months ending July 1,1898, when middle 5 miles
O r g a n iz a t io n — This line starts from the manufacturing portion of
were completed and whole road opened for traffic, gross, $8,496; net Houston Heights, extends through the residence district, and termin
$3,459. (Earnings during July, 1898, averaged $115 daily.
ates in the centre of Houston, affording rapid transit to and from all
President, George E. Greene; Vice-President, W. M. Holmes; Treas portions of the Heights. It was leased to the Houston City Railway.
urer, I. E. Gibson; Sec., E. L. Bates; General Manager, C. B. Story.
Rental received for year 1894-95 was $13,967. Mortgage is for $100,DIRECTORS— Galen C. Moses, Edward L. Bates, Irving E. Gibson, 000 and is dated 1893; interest in default since May 1, 1895. Injunc
William 0. Geer, George E. Greene, Joseph Buckley, Watson M. Holmes, tion granted trustee in March, 1897, restraining sale of the nine cars
Levi E. Warden, and G. Frank Rising.
___
under a judgment.
H U D S O N , N. Y .
H O R N E L L S V 1 L L E , 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.
QTnrk- a. Ronds—
Date. Interest. Outstand’g.
Maturity.
Stock,C
$507000>(pair, $100)...
.
..
$50,000
. . . .....
1st mortgage ($500)..............
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 line in city, 4-34 m iles; branch line, '50;
sidings, "22; total of all, 5'06 miles.
EARNINGS— For years ending June 30:
Gross.
Net Other inc. Int. < taxes.
6
Balance.
1897-98.........$10,904 def.$987
$7,054
$4,111
sur $1,956
4,258
def. 2,301
189697............ .. 11,896 406 1,551
O f f ic e r s — President, Charles Adsit; Vice-President, F. D. Sher
wood ; Secretary, De Merville P a g e ; Treasurer, George T. Rehn.
HORNELLSVILLE & CANISTEO
RAIL-
W A Y —A trolley road.
O
r g a n iz a t io n
, E t c — Chartered May 2, 1893, and owns 4-32 miles
of main track and -01 miles of sidings. Stock is all closely held.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
$50,000
Stock, $50,000, par, $100... ......
50,000 Oct. 1,1912
6 A&O
1st mortgage........................ 1892
5,500
Canisteo Valley Ry. bonds.. .......................
E a r n in g s — For years ending June 30:
Balance.
Gross.
Net. Other inc, Int. &tax.
def.$4,431
$4,844
1897-98.......... $15,433
$394
$19
sur. 1,977
4,426
30
1896-97.......... 15,644
6,373
OFFICERS— President, D. M. Page; Secretary, Charles Adsit.
H O T S P R IN G S , A R K .
P o pulation 1890
w as 8,086; in 1880 w as 3,554;
and in 1870 w as 1,276.
P opulation 1890 was 9,970; in 1880 was 8,670;
and IN 1870 was 8,615.
HUDSON STREET RAILWAY—
O r g a n iz a t io n .—Incorporated in 1897. Successor to Hudson E lec
trie Ry. sold in foreclosure Mar. 6, 1897. Capital stock, $50,009
(par $100). Road is 2-15 miles long, with '25 mile sidings; total track
2 4 miles. First mortgage $1,000 each; total issue, $50,000 c u r
rency, o*; dated 1897; due May 1,1907, 6 p. c., M, & N., at National
Hudson River Bank, Hudson, N. Y.; mortgage trustee, C. H. Evans.
Hudson. Bonds subject to call at par on any interest day on 60 days
notice. In year 1896-97 gross, $12,621; net, $1,683. In Aug., 1898
control had been sold to New York parties, but no change had been
made in board of directors or officers.
DIRECTORS.— William H. Traver, Samuel R. Rainey, Benoni S. John
son, Robert W. Evans, William A. Harder, Jr., Smith Thompson,
William W. Brownell and Charles S. Rogers, of Hudson and John E.
Gillette, of Catskill Station.
H U L L , M ASS.
P opulation 1890
was 989; in 1880 was 383;
and in 1870 was 261.
HULL STREET R A I L W A Y - A trolley road. Early
n 1898 t.hia road was purchased by the Hingham St. Ry. and ceases
o be a separate corporation.
Y early EARNINGS— For fiscal years ending September 30:
Years end. Sent. 30:
Gross.
Net.
Int. < taxes. Bal. sur.
&
1896-97
.............$5,360
$2,196
$1,564
sur.$632
1 8 9 5 -9 6 ::.....::::::,:.... 5|594
def.42
931
def.973
H U N T IN G T O N , N. Y .
POPULATION 1890 WAS 3,028; IN 1880 WAS 2,952:
and in 1870 was 2,433.
HUNTINGTON RAILROAD— trolley road.
A
HOT SPRINGS STREET R AILROAD— ro y ORGANIZATION— Chartered in May, 1890. The securities, earnings,
T lle .
ORGANIZATION— Chartered in 1894; successor to Hot Springs Electric
Street Railway.
STO C K & B o n ds—
Date. Interest. Outstanding.
Maturity.
tS />V < p
tn
RiOO OOO
.......
... ...
$200,000
.............
1st mortgage, goid.V..... 1894 6g. J-D
200,000
June 1,1924
Other indebtedness Aug.,
1898.......................
....... > .........
None
.............
Trustee is St. Louis Trust Company, St. Louis, Mo.
R o a d —Operates 11'8 miles of track.
O f f ic e r s — President, S. w. Fordyce; Secretary, C. E. Maurice;
Treasurer, General Manager and Purchasing Agent, C. G. Convers.
HOUSTON, TEX AS.
P o pulatio n 1890 w as 27,557; in 1880
AND IN 1870 WAS 9,382.
w as 16,513;
HOUSTON ELECTRIC STREET RAILWAY
A trolley road.
—Successor in September 1,1896, to the Houston City
Street Ry., which was sold in foreclosure May 6,1896. V. 61, p. 925.
NEW S t o c k & B o n d s Date. Interest. Outstand’g Maturity.
Stock 952,000,000 ($100).............
J.-J.
$428,000 ..................
1st mortron part of prop... 1884 7 -J .-J .
137,000
1899
Con M
i ! $1,000,000) .1896 5 g. M-S
730,000 Sept. 1,1921
irnirt <$5001
c 's
Subject to call at 105 after 1916
I m o m e m o r t . . . ... 1896 6 p .c .
$775,000 ..................
Interest at International Trust Co., Boston, consol, mort. trustee.
Bonds—Consol. 5s can be called for payment at 105 after 1916. Sink
ing fund of 15 per cent of net earnings begins in 1899, and after Jan.,
1906, is limited to 5 p. c. of outstanding bonds. Consols for $150,000
reserved to retire the old first 7s, $137,000. The mortgage is a first
O
r g a n iz a t io n
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.
Earn INGS—Y ear ending June 30:
Stock ($30,000) par $100. .$30,000
1898.
1897.
1st mortgage 5s, J & D ..... 26,000
$4,381
Gross.................. $4,737
(Due in 1920.)
1,540
Interest is payable at the Atlantic Net..................... 1,193
1,531
Trust Company, New York City. Charges............. 1,300
Dividend........(2!2%)600 (3%)900
ROAD—Owns 3 miles of track.
Balance............. def.707 def. 891
Pres., W. H. Baldwin, Jr.; Sec. and Tieas., A. C. Bedford, 26 Broad
way, New York.
H Y D E P A R K , M ASS.
P opulation 1890
was 10,193; in 1880 w as 7,088;
and in 1870 was 4,136.
NORFOLK SUBURBAN—
(HYDE PA RK &C.)
MASS. — e u d r B s n
S e n e o to .
I N D I A N A P O L I S , IN D .
POPULATION 1890 WAS 105,436; in 1880
AND IN 1870 WAS 48,244.
w as
75,056;
C I T I Z E N S ’ S T R E E T R A I L R O A DOF
INDIANAPOLIS— tro
A
lley ro d
a .
ORGANIZATION— Incorporated April 24, 1888. Formed in 1893 to
control street railways in Indianapolis. In May, 1897, a change of
management took place and Mr. Crossan (who resigned Jan., 1898),
was elected President in place of Mr. Mason. V. 64, p. 951. United
STEEET
States Supreme Court in April, 1897, decided tliat company’s charter
does not expire before January, 1901—see Y. 64, p. 799.
In April, 1897, Judge Showalter in the U. S. Circuit Court declared
the three-cent fare bill passed by the Indiana Legislature early in 1897
to he unconstitutional and granted an injunction forbidding the Citi
zens’ St. RR. to charge less than five cents. In June, 1897, the
Supreme Court of Indiana declared the law to he Constitutional, but
Judge Showalter in July refused to change his former opinion and
continued his injunction. Appeal from Judge Showalter’s decision to
the U. S. Court of Appeals by the city of Indianapolis was decided
in favor of the railroad in Dec., 1897.—V. 64, p. 842,1180; V. 65, p.
51,181,1172.
STOCK & B onds —
Date. Interest. Outstanding. Dividends,die.
C p l s c ($ ..............
a ita to k 1 0
0 )
.... $ ,0 0 0
5 0 ,0 0
Citizens’ St. Ry. ($1,000)..1881 6
J -J
300,000 July 1,1901
Citizens’ St. RR. ($1,000) ) 1892 6
J -D
700,000 June 1,1900
extendedsubjecito call > Interest at 1 1 Trust & Sav. Bank, Chicago.
1.
Citizens’ St. Ry. consol. ) 1893 5 g. M -N
3,000,000 May 1,1933
m. $4,000,000 gold..e* 5 Trustee Solicitors’ Loan & Trust Co. of Phila.
Interest due May and November on consols of 1893 is payable at
Fourth Street National Bank, Philadelphia.
Bonds—Consols are exempt as to principal and interest from any
tax which company may be required to pay. The $700,000 2d 6s were
extended two years to June 1, 1900. V. 67, p. 28.
Road —I n March, 1898, the company owned, controlled and operated
about 100 miles of road.
Ear NINOS— For year ending Dec. 31,1897, reported to have earned
all of fixed charges, taxes, and a balance for stock.—See V. 65, p. 1071.
For fiscal years ending A pril 30, gross earnings w ere: In 1897-8,
$978,964; in 1896-7, $922,727; in 1895-6, $956,105; in year 1894
gross were $850,215, against $812,111 in 1893; net, $383,246, against
$251,226.
After payment of fixed charges due May 1,1898, Company was re
ported to have over $100,000 cash on hand, more than 2 per cent on
capital stock. The floating debt was paid off early in 1898.
DIRECTORS (elected May, 1898)— W. W. Kurtz, R. H. Rushton, W. C.
Houston, Joseph B. Neff, B. M. Gaskin, J. Levering Jones and W. J.
Turner.— V. 66, p. 81,759, 856, 900, 953; V. 67, p. 28.
INDIANAPOLIS & BROAD RIPPLE RAPID
TRANSIT— tro
A
lley ro d
a .
Road —E mbraces, it is said, 7 miles of track. Stock' authorized,
$300,000; issued, $100,000; 1st mortgage gold 6s of 1895, due 1925,
$400,000; trustee, State Street Safe Deposit & Trust Co., Boston.
R eceivership —I n March, 1897, receiver was applied for; indebted
ness is said to be $186,385; Y. 64, p. 664.
President, R. T. McDonald.—V. 64, p. 664, 754.
RAILWAYS.
Stock—In 1893 the capital stock was increased from $175,000 to
$250,000. In July, 1895, additional stock for $50,000 was authorized.
Dividends.—In July, 1895, 3 per cent; in April, 1896, 3 p. o.; 1897,(?)
B o n d s — The Ithaca Street Railway Company owns and holds in it s
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 flsoal year ending June 30,1897, Street Ry. gross
was $70,935; net, $28,634; other income, $11,930; interest and taxes,
$19,106; dividends (21
a%) $7,500; balance, surplus, $2,027. For year
1895-96:
Gross.
Net.
Int. < taxes. Surplus.
&
$28,681
$17,595 $11,087
Street Railway receipts......$61,425
Brush-Swan Electric Light.. 28,052
11,933
75
11,858
Ithaca Transfer Co............. 5,324
1,147
26
1,119
Totals........................... $94,801
$41,761
$17,696
$24,064
President, Edward G. Wyckoff; Secretary, William J. Hand, Scran
ton, Pa.; Treasurer and General Manager, A. Bergholtz,
JACKSON,
was 20,798; in 1880 was 16,105;
and in 1870 was 11,447.
JACKSON STREET R A I L W A Y —A trolley road.
O rganization —Chartered Aug. 24, 1881. In September, 1897, W.
A. Foote, as receiver, was authorized to borrow $16,000 for repairs.
Road expected to be sold about October, 1898.
J A C K S O N V I L L E > ILL.
P opulation 1890
was 12,935; in 1880 was 10,927;
and in 1870 was 9,203.
JACKSONVILLE R A I L W A Y - A trolley road.
O r g an izatio n —Chartered Feb. 25, 1867. Special perpetual charter.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Stock $50,000, par $50....................... !...
$33,450 f . p.....................
1st mort., $75,000, gold.. 1892 6 g J - J
35,000
Jan. 1,1912
Trustee is St. Louis Trust Co., of St. Louis, Mo. The bonds are not
subject to call before maturity.
R O A D — In August, 1898, owned 5 miles of track.
O fficers —P resident, Wm. S. Hook; Secretary, Marcus Hook; Treas
urer, Francis Hook; Superintendent, Marcus Hook.
J A M E S T O W N , N. Y.
P opulation 1890 was 2,415;
in 1880 was 1,986;
and in 1870 was 3,990.
RAIL
O r g a n iz a t io n — Chartered May 19,1893, and Nov. 1,1893, leased the
Rochester & Lake Ontario Railway at the rate of 15 per cent per
annum on its capital stock of $65,000.
In April, 1898, property was
to be leased to the Rochester Ry. for 10 years. Its securities, road,
earnings, etc., are as follow s:
Stock($700,000)par$100.$700,000 | EARNINGS— Yearsending June30:
1st mortgage 5s, A & O ---- 350,000
1897.
1896.
(Due Oct. 1,1933.)
|Gross.......... ....... $36,454 $43,248
Mlspayable June30,’97.$205,000 Net.....................
7,080 15,506
^AD—Owns 9 miles of single |Other income...... 11,306 24,036
trao_; leases 6-046 miles single [ Charges & taxes.. 37,634 37,554
track and -370 miles of sidings.
|Balance.......... def.19,248 sr.1,988
IR O N W O O D , MICH.
P o p u l a t io n 1890
w as
7,745.
TWIN CITY GENERAL ELECTRIC—
STOCK & Bonds —
Date. Interest. Outstand’g. Maturity.
Stock............................................................ $400,000 ............. .
Twin City Ry. 1st M. gold.. 1891 7g. M - N
25,000 Nov. 2,1911
Mortgage, $125,000......................................
100,000 ...................
Old Colony Trust Co., Boston, is trustee of $125,000 mortgage.
R o a d — Owns 73 miles of track.
2
E a r n in g s — For year ending Nov. 30, 1897, gross from lights, $46,881; from railway, $15,439; total, $62,320; net after paying interest,
etc., $11,821. In 1895-6, total gross, $63,014.
OFFICERS—President and General Manager, E. D. Nelson; VicePresident, H. M. Byllesby; Secretary and Treasurer, H. F. Jahn.
I T H A C A , N. Y .
P opulation
in 1890 was 11,079; in 1880 was 9,105;
AND IN 1870 WAS 8,462.
ITHACA STREET RAILWAY—
O r g a n i z a t i o n —Chartered Nov. 18,1884. Changed ownership about
May 1,1892, and property reconstructed. Leased the Cayuga Lake
Electric JRailway in June, 1894, for 49 years upon the terms that it
shall pay principal and interest of the leased roads, $25,000 first mort
gage. Owns 6 miles and operates 7-5 miles of track, extending to
Cornell University eampus, railroad stations and steamboat landing
S tock & B onds —
Date.
Interest. Outstand’g.
Maturity.
Stock, $300,000,pr.$100
........................
$300,000
(?)
1st mortgage...............
1892 - 6 J - J
175,000 July 1,1922
Int. payable at Farm. L.& T. Co., N. Y. City.
2d mortgage.................
1894 6 J - J
$75,000 July 1,1922
Cayuga L.Eleo. 1st M.,gu
1894 6 J - D
25,000 June 1,1922
Loans and bills payable June 30,1897, $17,952.
o p u l a t io n
1890
16,038; i n 1880
1870 w a s 5,336.
w as
A N D in
IR O N D E Q U O IT , N. Y .
MICH.
P opulation 1890
P
ROCHESTER & IRONDEQUOIT
ROAD— tro
A
lley a d s a ro d
n te m a .
45
w as
9,357;
JAMESTOWN STREET RAILWAY-A tro
lley
road.
O rganization —Incorporated Oct. 18,1883. Franchise runs till 1982
Population served said to be upward of 28,000.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Stock ($250,000) par $50. .......................
$100,000
.............
1st M. $300,000 gold, o* i 1893
6gJ-J
300,000 Jan. 2,1923
$1,000.........................( Interest payable at State Trust Co., Trustee.
Bills payable June 30,1897............................. $192,667
Open accounts, net.........................................
56,157
The mortgage is limited to $300,000 and covers all property and
rights now owned or hereafter acquired.
In December, 1896, stock for $150,000 was in treasury subject to
issue when necessary to balance advances made to company for
construction.
EARNINGS—Year ending June 30,1897, gross, $85,002; net, $16,802;
other .income, $1,705; interest and taxes, $20,358; bal., deficit for
year, $1,851. In 1895-96, gross, $91,274; net, $12,857; other income,
$690; interest and taxes $22,505; bal., deficit for year, $8,958.
Road —Owns 18-67 miles of track, of which 3 miles is second track.
OFFICERS President, A. N. Broadhead; Vice-President, L. B.
Warner; Secretary, W. S. Cameron; Treasurer, S. B. Broadhead.
Superintendent and Purchasing Agent, G. E. Maltby.
J A N E S V IL L E , W I S .
P opulation 1890
was 10,836; in 1880 was
and in 1870 WAS 8,789.
9,018
JANESVILLE STREET RY.-A trolley road.
O r g a n iz a t io n —Chartered in 1886. Franchise runs till 1916 and
gives exclusive rights to operate street railway in the city.
STOCK & B onds —
Mis. Date. Interest. Outstand’g. Maturity.
Stock $50,000, par $100................................. $50,000f.p...................
1st mortgage.................. 6
1892 6 A - O
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.
R o a d — Owns 6 miles of track. Rail, 35-lb. T*
O f f i c e r s — President, G. W. Blabon, Philadelphia, Pa.; Vice-Pres.
James Shearer; Sec. and Treas., E. L. Blabon.
J E F F E R S O N V IL L E C IT Y , IND.
P opulation 1890
was 10,666; in 1880 was 9,357;
and in 1870 was 7,254.
JEFFERSONVILLE CITY RAILW AYORGANIZATION— Incorporated Jan uary 14,1889. Sold in foreclosure
in August, 1896, to Edw ard H ow ard for $8,200.
ROAD—Operated 5 miles of track with mules. Office, 57-59 Spring St.
OFFICERS—President, E. J. Howard; Superintendent, E. Frazer.
STREET
46
RAILWAYS.
J E R S E Y C IT Y , N. J.
POPULATION 1890 WAS 163,003;
in 1880
and in 1870 was 82,546.
WAS 120,722;
B o n d s a s s u m e d i n c o n s o lid a tio n o f 1895—
„
->1887 5g. A -O $1,050,000 Apr. 1,1901
K. C. Cable 1st M., ext. in f interest is payable in New York by Blair
gold, 1897, guar. p. & i... ^ &Oo.andin Boston by New England Tr.Co.
Summit Street M., o ld ) 1887 5 A -O
$300,000 Apr. 1, 1901
CONSOLIDATED TRACTION CO. -S e e Newark, Grand Avenue Ry. 1st) 1888 5 g .J -J IO l,200j000 July 10* 1903
)
NORTH JERSEY TRACTION CO.
S
N. J.
mortgage, g o ld .........c > Trust©©» Central Trust Co.
JOH NSTOW N,
MetropUtan^StT"Ry. con. c 1895 5g. M -N
S,721,00G May 1,19-10
mortgage,
$8,500,000, < Not suMeet to call before maturity.
gold.. .. . .... ............o * i Int. at Old Colony Trust, trustee, Boston.
PA.
P opulation 1890
was 21,805; in 1880 was 8,380;
and in 1870 was 6,028.
S e c u r itie s o f s u b s id i a r y r o a d s —
JOHNSTOWN PASSENGERR Y . - A trolley road.
South Side St. Ry. 1st M.............
Kansas City Elevated Ry.
5
$12,000
June, 1899
1 goiu ($P .u
gold w a
ir000)$600,0.°c* 1892 4 g J - J
6 ft _
$600,000 July 1,1922
w
j
o
2,000,000 July 1,1922
1st M. com. ($2,000,000) > interest at Manhattan Trust Co., New
gold ($1,000)............. I York City, J-J.
ParkConnec.Ry.,p.&i.gu........... 6
... .
30,000—
D i v i d e n d s —In 1895, 2 p. c.; in 1896, 2*9 p. 0.; in 1897, 2 p. c.; in
1898, Feb., *3 p. 0.; May, ^ p. c.; Aug., ^ p. e.
B o n d s — The new consolidated mortgage for $8,500,000- is to be used
as follows: Reserved to retire when due the existing bonds of the
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.
Interest upon K a n s a s C i t y E le v a t e d B y . 1st M. preference 6s is
P opulation 1890 was 23,264; in 1880 was 11,657;
guaranteed and upon 1st M. common 5s 3 per cent per annum was
and in 1870 was 7,263.
guaranteed until July, 1895, and 4 per cent thereafter.
J O L I E T R A I L R O A D - A trolley road.
ROAD—The total mileage, after counting double track as twice single,
O rganization—Incorporated in March, 1898, as successor, by
is as follows:
B o a d s burned.
M il e s .
purchase in April, 1893, to Joliet Ry. (successor to Joliet Street Ry.,
M il e s .
sold in June, 1896), to which additional franchises were granted in Main line (horse)................ 6 32 Kansas City & Rosedale St.
Ry. (horse).....................
6*46
do. (trolley).............. 36*64
January, 1898. It was stated that $L00,000 would be invested in
do. (cable)................. 62-45 So. Suburban St. Ry. (trol’y) 2-50
Kan. C. Elevated Ry. (trol’y) 20*58
extensions during 1898. Population in 1897 (local census), 35,000.
e-rnr'K’ /L- B o n d s —
Stock $250,000, par $50.
B a te .
I n te r e s t.
O u t s t a n d in g .
M a tu r ity .
....... Text. $210,200
General mort. $250,000,5 1890 6 M.-S
250,000
Mar. 1,1910
$1,000...................... . i Interest at Fidelity Trust, Trustee, Phila.
Bills payable June 30,1897..................... ...................... - ......
D i v i d e n d s — In 1892,6 per cent; in 1893, July 1 ,6p. c.; j n 1894, July
1, 6 p. e.; in 1895, dividends paid in stock amounting to $25,200.
EARNINGS—’ ear ending June 30,1897, gross, $106,350; net, $50,157
T
interest and taxes, $21,432; dividends, $12,612; bal. surp. for year,
$16,113. In 1895-96, gross, $104,428; net, $49,237.
R o a d — Operates 9% miles of road.
O f f ic e r s — President. Tom L. Johnson, Cleveland, O.; Secretary,
S. E. Young; Treasurer, Herman Banner, Johnstown.
JO L IE T , ILL.
STOCK
&
BO ND S-
D a te.
I n te r e s t. O u t s t a n d ’g .
M a tu r ity .
Joliet St?Ry °1 at M.‘ $75,000! 1889 " ¿ M -N * 75,000 May 2,1904
Joliet RR .,\st con. M., gold ) 1898 -5 g. M -N
325,000 May 1,1918
$500,000 ($1,000 each)... J Portland (Maine) Trust Co., trustee.
Of the loan of 1898, $75,000 will be used to take up bonds due 1901.
R o a d — Operates 21 miles of track.
Earnings —I n July, 1898, was reported to be earning upwards of
$40,000 net y early: annual interest being $20,750. Y. 67, p. 7 t.
OFFICERS—President, W. F. Milliken, Portland, Me.; Vice-President
G. F. Duncan; Secretary, Edward Woodman, Portland, Me.; Treasurer,
H. P. Cox; Superintendent, 0. C. Rush.—V. 66, p. 954 ; V. 67, p. 73.
was 11,937;
MICHIGAN TRACTION OF KALAMAZOO
& BATTLE CREEK— ro y
T lle .
O r g a n iz a t io n — A consolidation in 1897 of the Citizens’ Street Ry.
of Kalamazoo and the Citizens’ St. Ry. of Battle Creek.
B a t e . I n te r e s t. O u t s t a n d ’g .
M a t u r it y
N ew 1
amrt!!’f506',6o6’ '$i,'o6o) i897 6 A& O
(
(h
i927
The new bonds will be issued to retire the $100,000 underlying bonds,
and to construct connecting line of 27^ miles, contract for which was
reported let in April, 1898; 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,
P opulation 1890
ILL.
was 9,025 ; in 1880 was 5,651.
KANKAKEE ELECTRIC RY.— trolley ro d
A
a .
O rganization—chartered Jan. 7,1891.
S tock & B onds —
M il e s . B a t e . In t e r e s t . O u t s t a n d ’g .
M a tu r ity .
Stock $60,000 vp vyj
$50,000 July ..........
aiocx, îw .v v v ($10Q)..................................
lg91
6J J
50,000
1,1911
1st mortgage.............. £ Trustee, the Northern Trust Co., Chicago, 1 1
1.
Road —I n November, 1896, operated 8 miles of track.
OFFICERS— President, E. Cobb; Vice-President, Chas. H. Cobb; Sec
retary and Treasurer, W. C. Schneider; General Manager, C. H. Cobb
K A N S A S C IT Y , MO.
P opulation 1890
was 119,668; in 1880 was 55,785;
IN 1870 WAS 32,260.
(I n 1896 ESTIMATED AT 155,000.)
and
M E T R O P O L I T A N S T R E E T R A I L W A Y —Cable,
h irse 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.
h
c ™ ™ A, R n u n s n it (Lft above)
B a te .
.........
In te r e s t.
O u t s t a n d in g .
M a tu r ity .
Q — F. $5,586,800 Aug.1,’9 8 ,^ %
Corrigan Con St. R>*. 1st) 1886 5 g J - J
893,000 July 1. 1916
M 7*1 000) dm. at 110. > Int. payable at Central Trust Co., N. Y.
Generalmort. ($1,000,000) J 1880 5 g M -S
1,000,000 Sept. 1,1909
gold . . . . . . . . . . . . .1. . - -.. 1 Int. payable at New England Co., Boston.
Oper? exp^incL ta x e s.".L ..
Netearnings...................
Interest on bonds...............
Miscellaneous interest.........
Dividends paid, 2 per cent..
K A L A M A Z O O , M ICH.
P opulation 1890 was 17,853; in 18 -0
AND IN 1870 WAS 10,447.
Total (single)................. 134*95
In May, 1898, it was decided to spend $250,000 in improvements dur
ing the year. In August, 1898, the Broadway horse and Fifth Street
cable lines were being converted into trolley roads.
F arninigs__2 months, ) 1 8 9 8 .___ ...Gross, $363,072; net, $164,475
June 1 to J u T 3 i
51897.......... Gross, 329,925; net, 148,465
A n n u a l R e p o r t .— Eiscal year ends May 31. Earnings of the system,
including the Kansas City Elevated, have been as follows:
$1/766,*253
* 987,’l7 6
$779,074
$421,840)
1,241 j
111,736
$¿771,892
1,003,686
$1,tI o®940
1,033,042
$771,206
$518,047
111,736
$747,898
5$478,897
X
5,330
111,736
Net surplus for the year.
$244,260
$141,423
$151,934
Kansas City Elevated RR., included above, had for the year 1897-8,
gross, $176,599; net, $74,792. For 1896-97 gross earnings, $150,096.
O F F IC E R S — President and Treasurer. C. F. Morse; Vice-President and
General Manager. W. H. Holmes; Secretary, L. C. Krautlioff; Asst.
Secretary, J. A. Harder.—V. 65, p. 112, 1115.
NORTHEAST ELECTRIC R Y . - A trolley road.
O R G A N IZ A T IO N — A reorganization in Nov., 1896, of Northeast Street
Ry., sold in foreclosure Aug. 6,1896.
In July, 1898, the Central Electric Ry., controlled by the same in
terests, was incorporated, for the purpose, it was said, of extending
the lines.—V. 67, p. 72.
STOCK & B onds —
Dale. Interest. Outstand’g.
Maturity.
1st mort2 $2’50,000,' gold, 11896* 5g.' J J
^250,000
July 1.1916
($100 & $500) ....... c* > Interest at North American Trust Co., N. Y.,
■
Red. at 105aft.J’ly 1,1901) trustee.
Road —Owns 8*1 miles of track on 4*2 miles of street.
President, William M. Reid; Sec. and Treas., E. G. Vaughan; Supt.,
W. C. Weaver. Office, Kansas City, Mo. V. 66,p. 72.
BROOKLYN AVENUE RAILWAYORGANIZATION—Successor to People’s Cable Ry., sold in foreclosure
March 14,1896, to J, H. Lucas for $185,000—V. 62, p. 549.
ROAD—Owns 6*8 miles of track on 3*4 miles of road.—V. 60, p. 1106;
V. 62, p. 549. In December, 1897, it was decided to extend the road
one mile and change the motive power to electrioity.
O F F IC E R S — P r e s id e n t, J o h n H . L u c a s ; G e n . M a n a g e r , W . H . L u c a s .
CENTRAL ELECTRIC R Y . - T o be a trolley road.
Incorporated in July, 1898, by Samuel M. Jarvis, of New York City,
who owns all but six shares, the ba anoe being owned by W. O. Scar"
ritt, R. R. Conklin, F. S. Groves, Wm. M. Reid, E. S. Youmans and E
G. Vaughn, for the purpose, it was said, of building extensions of the
Northeast Electric, of which the same men are th3 chief stockholders.
Stock, authorized, $1,000,000; paid in, $500,000; no bonds. V. 67,
p. 72.
________
K E Y P O R T , N. J.
P opulation 1890
w as 3,411.
KEYPORT & MATA WAN STREET RAILROAD-Ahorse road.
O rganization—January 1,1898,
Stock (full paid).............. $30,000
No funded or floating debt.
Track owned.................. St* miles
Cost of road and equipm’t.$30,000
Treasurer.........Arthur M. Brown
the company reported:
1897.
Y r s .e n d .D e c . 31— 1896.
Gross from pass’rs.$5,022 $4.104
1,141
Other income....... 1,913
4
Net earnings......... 5,236
STEEET
RAILWAYS.
K IN G S T O N , N. Y ,
P opulation 1890
was 21,261, and 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 foreclosure Dec. 12, 1895. Estimated popu
lation in 1898, 25,900.
STOCK & B onds —
Bate. Interest. Outstanding. Maturity
Stock..... ...................................................... $175,000
.......... 1.
1st mortgage, g o ld ............ 1896 5g. M -N
100,000 May 1,1926
2d M. incomes, gold..........
Ib96 5g. M -N
75,000 May 1,1946
Manhattan Trust Co., N. Y., trustee of both mortgages.
Road —Operates 4*58 miles of track laid with 80-lb. girder rails.
Earning s .—Y ear ending June 30, 1897, gross, $26,750 ; deficit from
operations, $7,322; taxes, $581.
O F F IC E R S — President, Charles M. Preston; Secretary, John E. Kraft
Treasurer, Abraham Hasbrouck.—V. 59, p. 1058,1064.
KINGSTON CITY RAILROAD— tro
A
lley ro d
a .
O r g a n iza tio n —Chartered June 5,1879.
S to c k & Bonds —
Bate. Interest. Outstand'g. Last div’d, etc
Stock, $150,000, $100...........................
$150,000
June, 1897.
1stM., $500 each. ....... 1879 7 J - J
15,000 June 12,1909
Consols, $150,000, $1,000 < 1893 5 M - S
135,000 March 1,1923
Not sub.to call b efe mat. ( Interest at Farmers’ Loan & Trust Co., N. Y.
Debentures..................... 1890 5 J - D
10,000 June 1,1900
Bond and mortgage....
6 quar.
6,000 On demand.
Dividends in 1895-96, 6 p. c.; in 1896-97, 6 p. o.; in 1897-98, 6, p. c.
Interest—Interest, except on consuls, is paid in Rondout.
Road —Owns 3’6 miles of track in City of Kingston. Rails 70 lb.
Earnings —Jan. 1 to Ju y 31, 7 months, gross, $38,667 in 1898;
$30,334 in 1897. For years ending June 30:
1898.
1897.
1898.
1897.
A v ’ge miles op... 3'6
2 85
T a x e s ...................$2,169 $1,698
Gross earnings..$60,746 $55,412 Dividends.............. 9,000 9,000
N e t .................. 21,584
19,812 Bal., sur. for year... 1,756
454
Interest paid___ 8,660
8,660 Totalsur. June30.. 8,755
6,999
O F F IC E R S —President, 8. D .
Coykendall; Vice-President, General
Manager and Purchasing Agent, George Coykendall; Secretary and
Treasurer, Peter E. Schoonmaker; Auditor. O. L. Eastman.
47
O F F IC E R S — President, H. L . Pierce; Treasurer, C. T. Foster; Secre
tary, Edmund Little.
L A C R O S S E , W IS .
P opulation 1890 was 25,090; in 1880
AND in 1870 WAS 7,785.
was 14,505;
LACROSSE CITY RAILWAY—
O rganization —Chartered Nov. 17,1885. Franchise runs till 1938
STOCK & B onds — Miles. Bate. Interest. Outstand’g. Last div.,etc.
S $ io o i200:!!00. P.a r i ................. Seebelow. $200,000f.p. $
):
1st mort., $175,6" 6 ,) 10% 1893
o
6g. J - J 125,000 Jan. 1,1918
gold, $1,000..........5
Subject to call Jan. 1,1903.
Interest at Northern Trust Co., trustee, Chicago, 1 1
1.
D ividends —For 1892, 7 per cent; 1893, none; 1894, 7 per cent.
Road—Owns 10% miles in city of Lacrosse.
Earnings —For year 1894 gross, $54,965, against $49,394 in 1893.
O fficers—President, B .E . Edwards; Vice-President, W. W. Cargill;
Secretary, H. E. W est; Treasurer, G. H. Clark.
LANCASTER, PA.
P opulation 1890
was 32,011; in 1880 was 25,769;
and in 1870 was 20,233.
PENNSYLVANIA TRACTION— tro
A
lley ro d
a .
ORGANIZATION— Chartered in 1893 and secured control of the entire
street railway system in Lancaster, Pa., and vicinity, including Lan
caster Traction, Lancaster City Street Ry. and Lancaster & Columbia
Ry., Columbia & Ironville Ry. and Columbia & Donegal Ry.
R eceivership —On Nov. 30,1896, William B. Given of Columbia,
Pa., was appointed receiver.—V. 63, p. 969,1011.
C ertificates —E arly in 1897$30,600 receiver’s certificates were is
sued, and to August, 1898, $20,000 had been retired. A further issue
is proposed for extensions.—V. 66, p. 83.
R eorganization —A press dispatch from Lancaster, Pa., A pril 10,
1898, said: “ Efforts are again being made to reorganize the Pennsyl
vania Traction system, which has been in the hands of a receiver for
nearly two years. William B. Given, representing outside capital, is
P opulation 1890 was 22,535; in 1880 was 9,693.
said to have secured $550,000 of the $660,000 bonds issued on the
Cities Knoxville, North Knoxville and West Knoxville voted Lancaster City lines, and lias also purchased over two-thirds of the
(August, 1897,) to consolidate; population of consolidated cities esti bonds secured on the Col. & Ironville and Col. & Donegal roads. Nego
tiations are now m progress for the Lancaster & Columbia line. It is
mated by officials of Knoxville Traction Co. in 1898 at about 52,000.
stated that the Provident Life & Trust Company of Philadelphia is
KNOXVILLE TRACTION COMPANY-A tro back of the deal, and that several of the best known financiers and
l
ley a d e c
n le tric ligh e te ris .
t n rp e
business men of Lancaster will co-operate in the new organization.
O rganization —A consolidation Mar. 30,189«, of Knoxville Street
S tock & B onds —
Bate. Interest. Outstand’g.
Maturity
RR., Union Ry., Citizens’ Ry. and West End Street RR , all of whose
Stock for $10,000,000. .$100
............. J
bonds, mortgages and stock have been surrendered and canceled. All Receiver’s certificates......... ........................$9,900,000
....................
(? )
.............
the securities of Knox. Elec. Light & Power Co., a consolidation of all
: 1893 5%g.F-A
572,500 Aug. 1,1923
the light and power companies in Knoxville, are owned by the Trac 1st M., $700,000, gold, $1,000 ; February, 1896, coupon last paid.
' Trustee is the Lancaster Trust Co.
tion Company, and pledged as part security for the new bonds below
1894 5g. J-J 1,247,800
Jan., 1924
described —V. 66, p. 709.
Consol. M. for $2,250,000 e.*< Trustee, Provident Life & Tr. Co., Phila.
January, 1896, coupon last paid.
Franchise is perpetual and gives “ practically exclusive ” right to
Securities of lines controlled
operate street railways in the city.
160,000 Apr. 1, 1920
STOCK & Bonds —
Bar. Interest. Outstand'g. Maturity. LancasterCityRR.,lstM.g c* 5 1890 5g. A -0
($100 and $500)............... ( Trustee, Atlantic Trust Co., New York.
Stock, $750,000............. ....... 100
..........
$750,000
225.000 May 1,1921
1st M .oi’98, $850,000, gold,) $1,000 5g.A&0
850,000 Apr. 1,’38 W.E.St. Ry. 1st M., $225,000 ( 1891 5 M -N
$100, $500 and $1,000. .c* ( Trustee, Atlantic Trust Co., New York.
tax free.......................... 5 Int. at trustee, Balt. Tr. & Gu. Co., Balt.
Lancaster & Columbia stock. ....3 0 F - A
37,500 Aug.,’97,15%
Bonds will have sinking fund of $10,000 yearly after stock pays 5
1st mortgage..................... 1893 5 A - O
225,000
1923
per cent dividend, but will not be subject to call. As said above,
D E F A U L T S - P e n n s y l v a n i a T r a c t io n firs t m o r t g a g e c o u p o n s d u e A u g
mortgage covers the electric light and power plants as well as the
1,1896, a n d c o n s o l m o r t g a g e c o u p o n s d u e J u ly , 1896, a n d s in c e h a v e
30 miles of road.
n o t b e e n p a id .
R O A D — Owns about 30 miles of trolley road.
Bonds.—The Pennsylvania Traction bonds outstanding above ar>
O fficers —President,Franks. Hambleton, Baltimore; Vice-President
given as on June 30,1896.
and General Manager, C. C. Howell; Secretary and Treasurer, W. 8.
R O A D — Said to operate 55 miles of track, including old Lancaster
Bhields.
Traction, 29 miles; Lancaster City Street Ry., 18 miles; Lancaster &
Columbia, 8 miles. A line to Philadelphia has been proposed, and the
Phila. Lancaster & Harrisburg Ry. Co., with authorized capital of
P opulation 1890 was 8,261; in 1880 was 4,042;
$6,000,000, was incorporated in July, 1895.
and in 1870 was 2,177.
Earnings —For calendar year 1897 gross, $198,770; expenditures,
KOKOMO CITY STREET RY.-A tro
lley ro d
a . $189,046; balance for year, $9,724. For year ending June 30,1896,
STOCK & B onds — Miles. Bate. Interest. Outstanding. Maturity.
gross, $198,304; net, $63,350; paid rentals, $15,371; interest on bonds,
Stock.. ....................................................
$100,000
........... .
1st M., $75,000.......
47
8 1892 6 M - N
75,000
Nov. 1,1912 $22,632; “ otherpayments,'’ $171,338. In 1894-5 gross, $171,218.
BALANCE SHEET JUNE 30, 1895.
R O A D — Operates about 47 miles of track in Kokomo.
s
Construc’n andequinCapital stock... .
$9,900,000
O fficers —President, F. E. Snow; Vice-President, W. A. Jackson;
ment..................... $11,941,150 Funded debt.......
1,561,200
Secretary and Treasurer, F. Woodruff.
Miscellaneous...........
17,368 Bills payable, etc
497,318
K N O X V IL L E , TENN.
K O K O M O , IND.
Total...................$11,958,518
L A C O N IA , N. H.
P opulation (township ) 1890
was 6,143; in 1880 was 3,790;
and in 1870 was 2,309.
Total.
$11,958.518
OFFICERS— President, J. J. Patterson; Secretary, John S. Graybill
Treasurer, H. Yeagley.
INDEX— v. 62, p. 279, qgo; V. 63, p. 969,1011; V. 66, p. 83.
LACONIA STREET RAILWAY —A horse road.
O rganization —Successor to the Laconia & Lakeport St. Ry. in 1894.
Population in 1897 about 10,000. In August, 1898, a controlling in
terest had been purchased by Charles T. Foster and H. L. Pierce of
P opulation in 1890 was 13,102; in 1880 was 8,319;
Leominister, Mass., and George H. Cook of Athol, Mass., and line was
and in 1870 was 5,241.
being converted into an electric line.
LANSING CITY ELECTRIC RY.-Atrolley road.
STOCK, E t c .—
Dividends.
Outstand'g.
Lust Div.
O rganization —Franchise granted in 1889 and runs 30 years.
Stock, $100,000 (par $ 5 0)..... See text.
$50,000
4%, ’04-95
Interest was in default, but subsequently paid.
Unfunded debt June 30, 1897.................. .
8,000
..........
D ividends —In 1893-94 paid 5. c.; in 1894-95 paid 4 p. c.
<w»NDS—
Bale' Interest- Outstanding.
Maturity.
$100,000
u
ROAD—Owns 3-63 miles of track. In spring of 1899 the road will be Stuck, $100,000.....................................
1st M., $100,000, gold.
1896 5 g. J&J.
100,000
Jan. ij 1945
xtended to eirs,4 miles, and the entire system made standard gauge.
Trustee is Continental Trust Co., N. Y.
E arning s —For years ending June 30:
R oad —Owns 10 miles of track, 11 motor cars and 7 traileis
1897.
1896. I
1897.
1896.
E a r n in g s —Jam 1 to June 30, 1897 (6 months), gross, $12,295; net,
Gross................. $9,865 $12,483 I Int. and taxes... $l,o27
$941
N e t ..................
1,664
3,037 I Bal. for year......
652
2,150
$2,965. For year ending Dec. 31, 1895, gross, $22,525; net, $2,90£.
Other income___
15
541
Pres, and Gen. Man., L. N. Downs; Sec. and Treas., Laurence Barrett.
L A N S IN G , M IC H .
STREET
48
RAILWAYS.
L E W I S T O N , ME.
L A W R E N C E , M A SS .
44,654; i n 1880 w a s 39,151;
A N D I N 1870 W A S 28.921.
L O W E L L
L A W R E N C E
&
H A V E R H IL L
S T R E E T R A I L W A Y —A trolley road.
O r g a n iz a t io n — Chartered A pril 29,1892.
Population of Lawrence by 1895 local census, 52,164.
Q-rnr'K A BONDS—
e
Date. Interest.
Outstand'g.
Maturity.
8m J?,#1*WJ;0C »($ 100]........... 8 «« text. $l,5 0 ft(»0i.p . J a lJ l.W .l
P O P U L A T IO N
1890
P o pulatio n 1890
W A S
AND
w as 21,701; in 1880 w as 19,083;
IN
1870
W A S
13,600.
LEWISTON & AUBURN R R . —A tro
lley ro d
a .
ORGANIZATION— In August, 1897, control was purchased by the Lew
iston Brunswlok & Bath Street Ry. syndicate—see below. The con
sol. mortgage is to be foreclosed, and the property acquired by the new
company, subject only to $85,000 first mortgage bonis and about
$10,000 of debts. Sale has been set for Aug. 8,1898.
q-rnrK Ar B o n d s —
Date. Interest. Outstanding. Maturity.
Stock (p a * $100) ($100,000)........................
$9J,800
........
1stM. ($85,000)....................1891
s - i s a 5 g.-i-b
S
, i j r c g a
Railway 1st mort. gold. ( Interest at Inter. Tr. Co., trustee, Boston.
Towell Law? & Haverhill ( 1893 5g.J-D
$1,046,000 June 1,1923
L consol. M., $1,900,000. \ Subj. to call for the sink. fund, at 105 & mt Cons. 1st M., $350,000, gold. [ gubject^o call at 105 after Oct.* I,'l89 9
gold $1 oóo: .......... o* ( Interest at Am. L. < T. Co., trustee, Boston.
&
The loans and bills payable July 1,1897, were $149,025.
People’s St. Ry. of Ames- C
Road —Operates 14% miles of track from Lewiston to Auburn.
bury, Mass, 1st mort-< .................
$b4,00U
................
EARNINGS—For year 1896-97, gross, $56,344; net, $15,184; interest
gage bonds, assumed...
Consols of 1893 are reserved for Merrimack Valley bonds when due.
and taxes, $23,061.—V. 66, p. 900; V. 67, p. 126.
DIVIDENDS«—In 1897, July, 1 p. c.; Oct.,1 p. c.; in 1898, April, 1 p. c.;
n April, 1 p. c.
RnAn—Connects Lowell, Lawrence, Haverhill, etc.
Miles. I
Miles.
First track...........................47-2 Trackage rights......................
LEWISTON BRUNSWICK & BATH ST. RY.
-A trolley road.
ORGANIZATION— Organized in 1897 and purchased the Brunswick &
Topsham Ry., 3*2 miles; also purchased all the consolidated mortgage
bonds of the Lewiston & Auburn RR., 14*2 miles, and after foreclosure
i ? i Total of an sept. 30, 1397.. 58-s will own that property directly; also has leased the Bath Street «Ry.,
4*2 miles, for 999 years, from July 1,1898, at 4 p. c. on $100,000
In April, 1898, absorbed the People’s St. Ry. of Amesbury, Mass.,
stock, with option to purchase for $66,666 66. Extensions were being
giving $65,000 first consols to retire $65,000 People’s Ry. capital stock»
pushed in May, 1898, entire system to embrace 66*2 miles, connect
and assuming aU debts of latter, including $64,000 1st mort. bonds.
ig Bath with Brunswiok, Lewiston, Auburn, Turner, Sabattus, etc.
I a t f s t EARNIN GS-6 months S 1898.. Gross. $200,256; net. $£6,286
S tock & B onds —
Date. Interest. Outstand'g. Maturity.
Jan?í to June30.
¿1897.. Gross, 192.869; net, 69,833
___________
Stock, $500,OuO; par, $100................ .......... $ 10,000
ANNUAL R e p o r t — For years ending Sept. 30 earnings have been ;
lstmort., $ 1,000,000,gold
1898 5g.M-S May,’98,none Mar.,1918
iT td C J
h lF S
Underlying securities—
Net.
tax., etc. Dividends.
Balance.
Gross
Bath Street Ry—
. T . ^.r.r.r.r.n
Stk. au. $300,000, Dar $100.. ...... 4 J-J $ 100,000
...... ----1896-97..........$428,010 $168,656 $84,928 $30,000 sur. $53,728
162,209
86,872
sur.75,337 1st mort., $300,000, gold... 5 1893 5g. J-J
70,000 July 1,1913
1895-96......... 410,000
140,595
84,081
sur.56,514
s i 000 ........................o* t Subject to call after July 1,1898.
1894-95....... 403,530
Lewiston ¿A u bu rn RR. 1st M. 1891 5 J-D
85,000 June 1,1911
O f f i c e r s .— P re sid e n t, G. H. CampbeU, Lawrence; Treasurer, G.
Of the $1,000,000 new 5 per cent bo ads of 1898 $155,000 are to be
Boston.—V. 65, p. 1022.
E. Tri^p, Ames Building
held in trust to retire the underlying bonds, $70,000 to purchase Bath
Street Ry., $700,000 to be delivered for corporate purposes, and the
remaining $78,000, upon certificate that the $700,000 have been faith
POPULATION 1890 WAS 19,768; IN 1880 w a s 16,546;
fully used, may be issued for 75 per cent of cost of extension addition
AND IN 1870 WAS 17,873.
or improvements approved by State Board of Railroad commissioners.
L E A V E N W O R T H E L E C T R I C R R . - A trolley road.
r oad —W as operating in May, 1 8 9 8 , Brunswick RR., 3*2 miles, and
O R G A N IZ A T IO N — Chartered in 1894. Has a perpetual franchise.
Lewiston & Auburn RR., 14*2 miles, and will operate under lease from
July 1 , 1 8 9 8 , Bath Street Ry., 4*2 miles. Has under construction
Bath to Lewiston, 26 miles, and Lewiston to Sabattus, 6 miles; pro
S liS
1894 6g . A - O
250,000
1924
gold, no option..... c. 1Int’st at Atlantic Trust Co., trustee, N. Y. City
jected, Lewiston to Turner, 12 miles; total,
miles.
ROAD E t c .— owns in fee 14*2 miles of trolley track, of which 8*2
S yndicate —1 he syndicate promoting the enterprise embraces Galen
miles are in the city of Leavenworth, 3 miles to Fort Leavenworth and C. Moses and F. H. Twitchell of Bath; I. 0. Libby of Waterville and
miles to Soldiers’ Home and 1 mile to Mt. Munoie Cemetery. Rails, Amos F. Gerald of Fairfield, in connection with Boston and New York
56-60 pound steel. Equipment, 14 vestibuled cars and 4 trailers; capitalists.—V. 66, p. 1001.
three generators of 120 horse power each, one 400 horse power Cor
liss engine and four tubular boilers of 125 horse power each.
EARNINGS—For the fiscal years ending June 30:
P opulation 1890 w as 21,567; in 1880 w as 16,656;
Gross
Net.
Interest.
Bal.,surp.
and IN 1870 was 14,801.
■ aafi
t
$58.26*9
$22,625
$15,000
$7,625
BELT LINE ELECTRIC C O . - A trolley road.
1895'.::::"'."."-". 57,505
23:002
15,000
8,002
OPFICERS-President, Newman E rb ; Vice-President, H. N. Smith
O R G A N IZ A T IO N — Formed in 1889. Leases under perpetual contract
Secretary and Treasurer, J. P. Edrington.
the Passenger & Belt Railway.
PASSENGER & BELT RY.—A trolley road.
L E A V E N W O R T H & L A N S IN G R A IL W A Y STOCK & B onds Miles. Date. Interest. O^sjand'g. Maturity.
To be a trolley road.
Stock, ^100 shares
^
^
, ¿ J g 1,1906
• Stock, $150,000. Bonds, $150,000, 6 per cent, gold, J&J, due Jan.
1st mort., $200,000,)
($15,000 bonds due yearly.)
5to Apr. 1,’ 15
1,1918. U. S. Trust Co. of Kansas City, Trustee. In March, 1898, a
gold......................) 13
1891 6 g. A -O
50,000 Apr. 1,1916
large part of the roadbed had been completed. Pres., J. W. Hausse- 2d M., $250,000,gold. 13
...... 6 g. A -O
250,000 Apr. 1,1916
mann; Vioe-Pres., Geo. F. N ealley; Sec., E. B. Merritt.
Interest on first mortgage is payable at office of the American Trust
& Savings Bank, the mortgage trustee, Chicago, 111 on second mort
.;
gage at the Security Trust & Safety Vault Co., Lexington, Ky.
road —Operates 13 miles of track on 11 miles of street.
P o pu la t io n in 1890 w a s 14,664; I n 1880 w a s 8,778 ;
O f f ic e r s — President and General Manager, resigned; Vice-Presi
AND IN 1870 WAS 6,727.
L E B A N O N & A N N V I L L E S T . R Y . - A trolley road dent, W. J. Loughridge; Secretary, T. D. M urray; Treasurer, R. P. Stoll.
Q-rnr* Ar Bonds —
Date. Interest. Outstanding.
Maturity.
st™ w ™ r$ 5 01
....... semi-an.
$100,000
Feb.,’98,2%
1st StgP $100,000:'. c * )
1892
5 J -D
100’ 000
,
1912
$l™of$500 & $1,000 \ Int. at Lebanon Tr. & S. D. Bank, trustee.
P opulation 1890 w as 15,981; in 1880 w as 7,567;
On June 30,1897, loans payable were $10,500.
and in 1870 w as 4,500.
R o a d — Owns 20 miles of track; leases 6 miles of track (Lebanon &
L I M A R A I L W A Y —A trolley road. Population 1898 (local
Myerstown St. Ry.); total operated 26 miles of track.
estimate), 25,000.
EARNINGS—For year ending June 30,1897, gross, $38,167; net, $10,O R G A N IZ A T IO N — Incorporated Nov. 5, 1896. Capital stock is $200,710- interest and taxes, $6,567; rental, $2,351; dividends, $2,000; bal 000. Bonds, $180,000. Extensions and improvements have .been
ance, deficit for year, $208. In 1895-93, gross, $44,633; net, $17,633. made and road is reported in first-class condition.
O f f ic e r s — President and General Manager, J. M. Shenk.
road —Operates 11 miles of track. President, (A.ug., 1898,) E. W .
Moore; Vice-President, Edwin Stone; Secretary, Treasurer and General
Manager, Charles Currie, Lima, Ohio.—V. 62, p. 502.
LE AVEN W O R TH , KAN.
fill
L E X IN G T O N , K Y ,
LEBANON, PA.
L IM A , O H IO .
L E O M IN S T E R , M ASS.
P o p u la t io n in 1890 w a s 7,269; i n 1880 w a s 5,772;
a n d i n 1870 w a s 3,894.
L E O M IN S T E R & C L IN T O N S T R E E T R A IL
W A Y —A trolley road.
ORGANIZATION, e t c — B u ilt in 1896. Ow ns a park three miles from
Leominster. I n 1896 Leom inster was reported to have a population
of 10,000 and Clinton 12,000.
Date. Interest. Outstanding. Maturity.
S tock & B onds ............................... $150,000 .....
Stook $150,000...........
I 1897 5 g. A-O
70,000 Apr. 1,1917
1st M., $150,000 ($1,000)
Interest at Amer. Loan <eTrust Co., Boston
t
subject to call at 105, s .,►
) Trustee.
____
f., gold......•-.............. c.
1897
6 A-O
45,000 Apr. 1,1912
15-vear coupon notes—
.................................... 123,286...........
jU ttuo Oct. j
Loans w i ; » 1,1897.........
First mort. sinking fund $2,000 per annum, beginning Oct. 1,1898.
R o a d — Owns 12-17 miles of track.
E a r n in g s — Year ending Sept. 30,1897, gross, $40,588; net, $18,493;
interest and other charges, $18,912; balance, deficit, $420.
OFFICERS (Oct., 1897).—President, C. E. Barnes; Clerk, J. F. Butman.
L IN C O L N , N E B .
1890 W A S 55,154; A N D I N 1880 W A S 13,003.
L I N C O L N T R A C T I O N —A trolley road.
O r g a n iz a t io n — Successor in January, 1898, to Lincoln Street Ry.,
foreclosed Dec. 17,1897, and reorganized per plan in V. 65, p. 277.
STOCK & B O N D S- Miles. Dale. Interest. ™ *ta nd'a.
Maturity.
Com. stock, par $100....................
^ ’oonono
....... •'......
Preferred cumulative ......... 'vstss
k P' « ‘
non non
' ' ' i qVq —
l s t m o r t gold,$1,000;)
....1 8 9 7
5p.c.
iOlLOOO
1919
1 $100 0*00 auth.......5 Trustee, N. Y. Security & Trust Co.
C aomimas of old comp’y were as 5 1897..Gross, $71,307; net, $7,038.
fo R o w s ;
N9 nms?, Jan. 1 to*Sept. 30. ( 1896. . Gross, 69,539; net, 8,996.
For year 1896, gross, $90,149; net, $9,682. In 1895; gross $104,955.
R o ad — Owns about 40 miles of track. In March, 1898, it was pro
posed to build an extension to Havelock, 2*2 miles.
OFFICERS— (Jan , 1898): President, M. L. Scudder ; Vice-President,
Wm. Belcher; Secretary and Treas.,F.H. Carter.—V. 66, p. 82,134,336.
P O P U L A T IO N
STREET
RAILWAYS.
49
L IT T L E R O C K , A R K .
miles; trackage between Red Bank and Belford (N. J. S. RR.), 5
miles; total operated, 18^1 miles. Was under construction from Red
LITTLE ROCK TRACTION & ELECTRIC-— Bank to Atlantic Highlands via Fair Haven and Oceanic.
R eceiver —On May 23,1898, James E. Deguan was appointed re
O r g anization —Incorporated 1895; controls all street rail ways In city,
„.STOCK & Bonds — .
Dale. Interest. Outstand a
Maturity. ceiver.—V. 66, p. 1043.
Stock, $500,000: par $100.........................
$500,000
Earnings —Y ear ending Dec. 31, 1897, gross income from passen-*
1st mort.bonds,$450,000,g. < 1895 6 g. J-D
400,000 June 1,1915 gers $38,185; from other sources, $2,975; total income, $41,160;
o / m 6¿
i
£ 5 $ - °* * Interest at St. Louis Trust Co., trustee.
2d M.,$300,000, g.($1,000) < 1895 6 g. J -D
300,000 June 1,1915 operating expenses and repairs, $.20,400; net, $20,760. —V. 66, p. 1043.
red. after 5 years at 104 ( Old Colony Trust, Boston, trustee.
Firsts, Nos. 1 to 300, redeemable after 10 years from their date at
par, but redeemable before 10 years at 102; balance are 20-year
P opulation 1890 was 30,506; in 1880 was 17,129;
straight. Road—Operates 20 miles of track.
and in 1870 was 3.867.
O fficers—President, A. N. Johnson; Secretary, G. B. Bose; Treas
P opulation 1890
was 25.874; in 1880 was 13.138.
L O N G I S L A N D C IT Y , N. Y.
urer, Charles F. Penzel, all of Little Rock, Ark. Ind ex -V . 60, p. 1009.
LO C K H A V E N , PA.
P opulation 1890
was 7,358; in 1880 was 5,845.
LOCK HAVEN TRACTION— trolley road.
A
O R G A N IZ A T IO N — This company w a s organized in March, 1895, and
leased for 999 years the Lock Haven Electric Ry. Receivership—Iu
September, 1897, William B. Given was appointed receiver in the
foreclosure suit under first mortgage.—V. 65, p. 685.
„ S t o c k & B o nd s—
Miles. Date. Interest. Outstand'a. Maturity.
Stock $300,000.............................................. $300,000 .............. .
1st M.. S 1P 0 non
S 5
i - 1895
6 A-O
150,000 Apr. 1,1920
’ *
’
....... I Trustee, West End Tr. & Safe Dep. Co., PhilaOn June 30,1897, accounts payable were $27,210.
R o a d — O p e r a t e s s i x m ile s tra c k .
E a r n i n g s — Year ending June 30,1897, gross, $17,288; net, $2,693.
In 1895-96, gross, $20,017; net, $4,622.—V. 65, p. 685.
L O C K P O R T , N. Y.
1890 WAS 16,038; in 1880 w a s 13,522.
B U F F A L O
& L O C K P O R T S T R E E T
R A IL
W A Y . —A trolley road.
O r ganizatio n —I ncorporated in April, 1898, in interest of the B u f
falo & Niagara Falls Electric Kailway. Leased branch of Erie RR. from
Lockport to North Tonawanda for 99 years and equipped it electrical
ly. Carries both freight and passengers over this portion of the line.
Also absorbed Lock Citv Electric, which operated 5 miles of track in
Lockport and was sold under foreclosure June 8,1898. From North
Tonawanda cars run over Buffalo & Niagara Fal’s Elec. Ry. tracks to
Buffalo City line, thence down Main Street over Buffalo Ry. tracks.
„ S tock & B onds —
Date.
Interest. Outst'dinq. Maturity,
Stock, $1,000,060.........
....
..
(?)
1st M., $1,000,000........ \ . 1888
. .„ ® _
„<£)
1838
(
Colonial Trust Co., N . Y , Trustee.
Road —B uffalo to Lockport, 15 miles, opened as an electric line in
Aug., 1898. Lockport, local, 5 miles.
O F F IC E R S — President, W. C. Ely, Niagara Falls, N. Y.; Sec. and
Treas., Burt Yan Horn, Niagara Falls, N. Y.
po pu la tio n in
L O N G B R A N C H , N. J.
FLUSHING & NORTH SHORE RR.-To b tro
e
lley
.
O r g a n i z a t i o n —Incorporated in 1898 to construct a standard gauge
road from Flushing to a point on the Long Island RR. between Fenhurst and Woodsburgh, Queens County, 15 miles. Construction begun
iu August, 1898. Stock, $150,000. Directors—William F. Brown,
Edward J. Boyle, William L. C. Allan, George A. Hamilton, William J
Hawson, M. J. Keany and J. Hollis Gibson of Brooklyn; Louis E. Freemau of Orange, N. J., and Francis L White of Summit, N. J.
N E W Y O R K & N O R T H S H O R E R Y —In Feb.,
1898, construction of new lines was under consideration; 60 miles of new
track projected on 30 miles of road. A mortgage covering the new con.
struction has been made to the New York Security & Trust Co., as
Trustee, to seoure $1,500,000 30-year gold bonds ($1,000 each), Y. 67,
p. 29. May be merged later in the N. Y. & Queens Co.—V. 64, p. 567.
N E W
Y O R K
& Q U E E N S
C O U N T Y
R A IL
R O A D —A trolley road.
O rganization —Incorporated June 26,1896. A consolidation of the
Long Island City street roads, including Steinway Ry., etc.—Y. 63, p. 229.
The Eleotrio Illuminating & Power Company, said to supply practi
cally all the electric lights used in Long Island City, is understood to
be owned and operated, its net income amounting to about $30,000 per
annum. 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. Ill & Power Co., this amount being inoluded in the $1,078,750 of
loans and bills payable then outstanding.
S tock & B onds —
Date.
Interest. Outstand'g.
Maturity.
Stock, $2,500,000 ($100) ........................ $ 2 ,000,000
.................
Flush. & Coll. Pt. 1st M ... 1895
5 J&D
50,000
1925
Newtown Ry. 1st M...... 1894
5 J&D
150,000
Deo., 1924
Steinway Ry. 1st M., gold > 1892
6g. J - J
___ HJJ July 1,1922
1,500,000 I
$1,000 ....................c* 5Int. at State Trust Co., trustee, N. Y. City.
N.Y. & Queens Co. 1st M .,) 1896
5g. A -0
2,000,000
1946
gold, $1,000 each....... 5Trustee, Mercantile Trust Co., New York.
“Unf’d e d d t” June 3o,’97
___
1,120,000
................
El. 1 1 & Power 1st m—
1.
1897
5F A
(?)
Aug. 1,1927
On Deo. 31, 1897, the “ unfunded debt” was $1,120,000; “ loans
and bills payable” (additional), $122,477; special loan, $54,122.
Mortgage of 1896 is for $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 track, including main
line, 345g miles; second track, 261 ; sidings, 41
s
4.
L a t e s t E arning s —
u mos. end. Dec. 31. Gross.
Net. Other inc. Int.,taxes,etc. Bal.,def.
1897........... ...... $225,275 $95,116 $14,544
$126,930
$17,270
1896.................. 220,165
71,766
17,826
108,705
19,113
For the years ending June 30 earnings have been:
Gross.
Net.
Oth. inc. Int. < taxes. Bal.,sur.
&
1896-7........ $404,458
$172,051
$69,543
$215,947
$25,649
1895-6........ 331,745
136,833
27,125
112,269
51,689
D irectors —P resident, W. H. Shelmerdine, 421 Chestnut 8t., Phila
delphia; Secretary and Treasurer, ................. 29 Broadway, New
York; R. T. McCabe, W. K. Mathews, E. L. Bushe, Benjamin Orne, J*
R. Beetem, of New Y o rk ; E. J. Mathews, of Philadelphia, and C. D.
Simpson, of Scranton, Pa.—V. 65, p. 822; Y. 66, p. 574; V. 67, p. 29.
P o p u la t io n 1890 w a s 7,231; in 1880 w a s 3,833.
A T L A N T I C C O A S T E L E C T R I C R R -T r o lle y .
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 stook of latter company
(making net rental $2,500) and owns all of the stock of the West End
& Long Branoh RR. Also owns entire stock of the Atlantic Coast
Electrio Light Co., which supplies the electric lights of Asbury Park,
Darlington, Allenhurst, Belmar, Ocean Beach, Como and Spring Lake.
„ S tock & B onds —
Date.
Interest. Outstand'g.
Maturity.
Stock, $1,500,000($100) ...................... $1,000,000
.
1st mort., gold, $1,000,- > 1895 5 g .M -N *1,000,000
May 1,1945
.......................... ) Int. at Knickerbocker Tr. Co., N. Y., trustee.
Gen. mort., $500,000.. L 1?83 . ®¿**1 •
350,000
1946
’v
’
( Interest at Knickerbocker Trust, N. Y.
Atl. Coast Elec. Light 1st M. $ T +
, D12?7'0(H)
June 1,1945
P o p u la t io n 1890 w a s 4,863; in 1880 w a s 1,595.
.. _
.
.. ,.,«1?
„„
( Interest at State Trust Co., N .Y .
“ Other debts ” (Dec. 31,1897), $162,415.
(I n 1895 estim ated a t 10,480.)
* Bonds - O f the $1,000,000 firsts given outstanding above $200,000
L O R A IN
& C L E V E L A N D
R R . —See Cleveland.
are reserved to retire a like amount of Seashore Ry. (of Asbury Park)
L O R A I N S T R E E T R A I L W A Y —A trolley road.
6s, subject to call in 1897.
O rganization —P utin operation between Lorain and Elyria Sept.
R oad —B elt Line in Asbury Park and extends from Asbury Park
through Long Branch to Pleasure Bay, 24miles. In June, 1897, began 16,1894. Its franchise from the State is perpetual and the ownership
operating its cars over the Asbury Park & Belmar tracks to Belmar, of the land for over 80 per cent of route makes that part also perpetual.
2^ m ile s ; total2 6 ^ miles—V. 66, p. 616. Connects at Long Branch Contract with the cities for 25 years, under liberal provisions.
„ S tock & B onds — Bar. Date. Interest. Outstand'q. Maturity.
with Iron Steamboat Co. for New York.
Stock $200,000---$100 .......................
$200,000
E a r n in g s — C ompleted M a y 1,1896, and fully equipped Aug. 10,1896. 1st M., $200,000... 1,000 1894
6 J-J
200,000 Jan! i ’ 1915
Year end. Sept. 30,1897.
Gross.
Operating.
Net.
Interest at Guardian Trust Co., Cleveland, the mortgage trustee.
R ailroad............................................. $137,279
$58,106
$79,173
Road Owns road 10‘11 miles in length, extending through the city
Lighting..............................................
50,801
23,947
26|854
of Lorain to Elyria; total track, 10'66 miles. Of the track 7'8 miles is
Total............................................ $188,080
$82,053 $106,027 on private right of way (land owned in fee simple); rails, 70-lb. T.
Taxes, insurance, rentals, etc............................................... $11,730
E arnings —For year ending Deo. 31, 1897, gross, $48,635; net,
Interest charges......................................................... 1 1 1 1
1 1 1 1 81350
$21,962. In 1896, gross, $54,628; net, $12,653.
Surplus for year................................................................ $12,947
OFFICERS—President, F. M. Haines; Sec., P. M. Boyd; Treas., F. T
O fficers - P resident, J. P. O’Brien; Treasurer, G. B. M. Harvey, Horan; Gen. Man., M axM . Suppes; Pur. Agent, John K. Frye.
32NassauSt., N. Y. City; Superintendent,S.F.Hazelrigg.—Y. 65,p .867
L O R A IN , O.
A T L A N T IC
H IG H L A N D S
R E D
B A N K
&
L O N G B R A N C H E L E C T R I C R Y . - A trolley road.
O rganization —incorporated in April, 1895.
„.S tock & BONDS—
Date. Interest. Outstand'g. Maturity.
Stock «500,000 ($100)................................
$398,000 ............. .
1st mart., $500,000, g..... e H 8?5 ^ * i ~ J
398,000 July 1,1945
s
(In t. at HamiltonTrust Co., Bklyn, trustee.
“ Other debts” Dec. 31,1897, $6,500.
Road Operates from Monmouth St. and Shrewsbury Avenue in Red
Bank to Broadway in Long Branch, 6 h miles, and 2d track, 2*2 miles;
i
in Long Branch, 3 miles; in Red Bank, 1*2 miles; total owned, 13*2
LOS A N G E L E S
CAL.
P o p u la t io n 1890 w a s 50,395; in 1880 w a s 11,183;
a n d in 1870 w a s 5,728.
LO S A N G E L E S
R A IL W A Y —
O rganization —Successor in April, 1895, of the Los Angeles Con solidated Electric Ry. Population in 1897 estimated at 115,000.
„ S tock db BONDS—
Date. Interest. Outstand'g. Maturity.
Stock, $4,000,000 (par, $100)......................... $4,000,000 .......
...
Special ctfs., $500,000, gold. 1896 5g.sem-an.
321,000 Jan.l, i900
Mortgage, $3,000,000, gold, ( 1895 5g.M -S16 2,843,000 Sep. 1 6 ,’25
sinking fund in 1905, not-’ California Title Ins. & Tr. of San Fran
drawn............................ c* t cisco, trustee.
STREET
50
The $500,000 of special certificates are prior to the first mortgage,
and payment of firsts, principal and interest, shall be postponed till
all such certificates, with interest thereon, are fully paid.
EARNINGS—For 6 months ending June 30, 1898, gross, $342,013 ;
net, $129,507. Year 1897, gross, $681,325; net, $227,696 ; charges,
$41,704 ; balance, surplus, $ 1
85,992. Year 1896, gross, $693,480.
» ROAD—About 108 miles of track.
OFFICERS— President, Thomas Brown, of San Francisco, Secretary,
J. T. Burke, 530 California Street, San Francisco.
IN D E X — V. 62, p. 320; V. 63, p. 402,1010; V. 66, p. 900.
RAILWAYS.
city was changed t » trolley early in 1898, most of the work of con
version having been paid for out of earnings.
A n n u a l R eport —Fiscal years ending Dec. 31. Annual meeting
Feb. 19. Report for 1897 was given in V. 66, p. 519.
Tear.
1897.
1896.
I
Tear.
1897.
1896.
Gross earn..$1,238, 41 $1,234,526 | Taxes.............................. $81,699$52,037
607,115
605,988 I Dividends......... 203,125 200,000
N e t ...........
Interest pd.
310,361
311,023 | Bal., surplus...... 11,930 42,928
OFFICERS—President, T. J. Minary; Secretary and Treasurer, J. M.
Pettus—V. 64, p. 466,1181.1125 ; V. 519, 857.
L O W E L L , M ASS.
LOS ANGELES PACIFIC R R . - A n electric, steam
and horse road.
Formed in 1898 by consolidation of Pasadena &
Pacific RR. companies of Arizona and California, the Los Angeles
Pacific Ry. of Arizona and California, etc.
STOCK & B onds —
Dale. Interest. Oulstand’g. Maturity.
Stock, $1,000,000; par, $100..............................
(?)
.......
New mortgage..........
......
1898
5
(1)
1928
B onds Of the new bonds of 1898, $750,000 to be used to retire Pasa
dena & Pacific Ry bonds, dollar for dollar; remainder for impi ovements, extensions and new equipment.
O
r g a n iz a t io n —
R o a d — Owns two lines of trolley road from Los Angeles to Santa
Monica, the entire local system of Santa Monica, with branch lines to
Hollywood, Laurel canyon, Santa Monica canyon, Soldiers’ Home and
Elysian Park, constituting about 71 miles of railway, of which 54 miles
electric, 10 miles steam and 7 miles horse railway.
O F F IC E R S - President and Manager, E. P. Clark ; Vice-President, J.
Ross Clark; Sec., A. I. Smith; Treas., M.E. Hammond.—V. 66, p. 1140.
LOS ANGELES TRA CTION— tro
A
lley ro d
a .
O R G A N IZ A T IO N , E t c .— 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., pay
able at Chase National Bank, New York; Union Trust Co. of St. Louis,
mortgage trustee.
R o a d — In Dec., 1897,18 miles of track laid with 60-lb. rail and oper
ated. In Aprii, 1898, it was reported that extension to San Pedro, 27
miles, was contemplated.
EARNINGS— For year 1897 (last four miles opened Deo., 1897,) gross
earnings were $81,752.
P opulation 1890
and
was 77,696; in 1880 was 59,475;
IN 1870 WAS 40,928.
LOWELL & SUBURBAN STREET RAIL
WAY.— tro
A
lley ro d
a .
O rganization —A consolidation May 1,1891.
S tock & BONDS— Miles. Par. Interest. Outstand’g Last Div., etc.
St’k auth.,*l,200.000 .... $100
Text. $1,000,000
Text.
1st M. 1891, gold.c* .... 1,000 5 g. J-D 1,000,000
Dec. 1,1911
Loans & bills pay. Oct. 1,’96 .......................
363,340
...................
Interest in Boston by the American Loan & Trust Co., trustee.
Dividends—in 1892-93 6 per cent on $400,000 stock; 1893-4, 6 per
cent; 1894-95, 6 per cent; 1895-96, 6 per cent; 1896-97, 6 per cent.
Road—57*6 miles of main track; sidings, 4‘4 miles; total, 62 miles.
A n n u a l R e p o r t — For years ending Sept. 30 earnings have been:
1897.
1896. I
1897.
1896.
Gross earn’gs.$381,804 $392,739 I Dividends..........$48,000 $36,000
Net earnings.. 147,503
149,163 I Bal., surplus
11,848
34,068
Int., taxes, &c. 87,655
79,095)
OFFICERS-President, Edward M. Tucke; Sec’y and Gen. Man., P. F.
Sullivan; Treasurer, Percy Parker.—V. 63, p. 1 0 6 1 ; V. 65, p. 1022.
LOWELL LAWRENCE & HAVERHILLSee Lawrence, Mass.
LYNCHBURG, VA .
P opulation 1890
was 19,709; in 1880 was 15,959
and in 1870 was 6,825.
LYNCHBURG ELECTRIC
LIGHT COMPANY.
RAILWAY &
O r g a n i z a t i o n — Successor in Aug., 1898, to Lynchburg Elec. Co.,
sold under foreclosure on Feb. 28,1898. The company petitioned for
MAIN STREET & AGRICULTURAL PARK an extension of its charter 30 years from Jan. 19, and it was said over
RAILROAD— h rs ro d
A o e a .
ORGANIZATION— Chartered Sept. 24,1874; renewed in 1886 for 50
years. Leased to Los Angeles Ry. Capital stock, $500,000; par, $50;
bonds, $122,000. Five miles of double track. President, W. J. Brodrick ; Secretary, E. E. Lefebvre.
LOS ANGELES & PASADENA ELEC. R Y ORGANIZATION— A reorganization of the Pasadena & Los Angeles
Elec. Ry. and consolidation with the Pasadena St. RR., City Ry. and
Colorado St. Ry. companies. Road extends Los Angeles to Pasadena.
Capital stock is $1,000,000. Bonds authorized, $1,000,000 gold 5s.
REORGANIZATION— Sold under foreclosure April 27,1898. A majority
of bondholders has accepted reorganization plan.—V. 66, p. 901.
R o a d -O w n s 44 miles of track, of which 22 are operated by elec
tricity and 22 by horses. OFFICERS (June, 1897)—President, C. W.
Smith; Treasurer, F. C. Bolt; General office, Pasadena.—V. 66, p. 901.
SAN GABRIEL TRACTION CO.-Tobe a trolley
road. Incorporated March 10,1898. Road projected from Los Angeles to Pasadena, with branches to Alhambra, Sierra Madre, Monro,
via and Duarte, in all 22 miles. In June, 1898, franchises had been
obtained from Los Angelas to South Pasadena and applications were
pending for fi anchises from South Pasadena to and through PasadenaStock authorized, $1,000,000; issued, March 10, 1898, $22,000; no
bonds. DIRECTORS—President, Walter S. M axw ell; Sec. and Treasr.,
S. P. Anderson; Jas. S. Graham, Bradner W. Lee and Albert Hadley.
$50,000 would be spent in improving the road. V. 67, p. 274. Stock
authorized $250,000—all issued. Bonds, 1st mortgage 6s, gold, dated
1898, due 1941. State Trust Co., Trustee.
Road—Said to operate S1 miles of track on 27 miles of street.
^
8
DIRECTORS—Randolph Harrison of Lynchburg; H. G. Runkle, H. D
Macdona, W. S. Johnson, R. A. C. Smith, Thomas B. Kent and Isaac
Rosenwald of New York.—V. 67, p. 274
LYNCHBURG & RIVERMONT STREET
RAILWAY.
STOCK AND BONDS— Miles. Date. Interest. Outstand’g. Maturity.
Stock.......................................................... Abt. $75,000
.......
1st M., $60,000, gold..........
1894 6 g. J-J
$60,000 Jan. 1,1925
___
(?)
......
Lt. plant M. $40,000.0
1896
Interest on 6s of 1894 at Mercantile Trust & Deposit Co., Baltimore.
R o ad — Said to operate 5 ^ miles of track on 2 miles of streets.
OFFICERS -President, H. P. Woodson; Vice-President, R. I. Owen;
Secretary and Treasurer, J. T. Bowman.
M ACO N, GA.
P opulation 1890
was 22,746; in 1880 was 12,749;
and in 1870 was 10,810.
MACON CONSOLIDATED STREET Re
o r g a n iz a t io n — Stock, $500,000; firstmort., $500,000 ($1,000 each)*
1892, 6s, J&J, issued, $345,000, due, Jan. 1,1922. Interest (at 6 p. e.
from Jan. 1,1897), in Boston at Old Colony Trust Co., trustee. Divi
TEMPLE STREET CABLE R Y.-A s a ro d dends in 1895,1 per cent. In 1898 was operating 14 miles of trolley
te m a .
ORGANIZATION—Chartered Oct. 31,1885. Operates 4% miles of track. track laid with from 30 lb. to 48-lb. T rails.
EARNINGS— For year ending Dec. 31,1897, gross, $74,722; net, $21
Rails 38-lb. girder. Stock, $400,000; 1st mortgage gold 6s, dated 1896,
$100,000; int. at Farmers’ & Merchants’ Bank of Los Angeles. Pres i- 223; interest and taxes, $23,583; balance, deficit, for year, $2,36C
Presidents. R. Anthony; Secretary, D. K. Snow; Treasurer, W. A.
dent, Edgar E. Lefebvre.
Tucker. Office, 53 State St., Boston, Mass.*’
L O U IS V IL L E , K Y .
Population 1890
was 161,129; in 1880 was 123,758;
and in 1870 was 100,753.
L O U I S V I L L E R A I L W A Y —Trolley and mule road.
ORGANIZATION— Incorporated Jan. 22,1867. A Kentucky company
owning all the street railways in the city of Louisville and its suburbs.
The real estate of the company is valued at $700,000.
Interest.
Outstand’g Last div., < e
£
S tock & B o n d s .— Date.
Com. stock ($100 sh.)........
2^
A.-O. $3,500,000 A p r.l,’98 H i%
Pref. stock 5 p. c. cum.......
5
A .-O .
2,500,000 A pr.l,’9821
a%
J. - J.
609,000 July 1,1909
Louisv. City Ry. M ... s 1884 6 g.
do
do M .,gold( Trustee, Louisville Trust CO., Louisville, Ky.
Central Pass. Ry. M ... 1882 6
M.-N.
108,000 Nov. 1/1902
1888 6
M.-N.
292,000 Nov. 1,1908
do
do do
Interest payable at First Nat. Bank, Louisville.
Louisv. Ry. Cens. M., )
1890 5 g.
J. - J.
4,992,000 July 1,1930
g o l d , $6,000,000 }
(listed N. Y .)......c* 3 Interest payable by Seligman & Co., N. Y.
Slock. - I n 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; the $250,000 raised from assessments being required
for improvements.
DIVIDENDS— On preferred 5 p. c. per annum. On common—In 1896,
2*2P. c.; in 1897, 2 ^ p. c.; in 1898, Apr., 2 ^ p. c.
ROAD— Owns 145 miles of track on 83 miles of street, of which (May,
1898), 135 electric and 10 animal power. The last mule line in the
MACON & INDIAN SPRING ELECTRIC
STREET RAILWAY.— tro
A
lley ro d
a .
O r ganization , Et c .—Owns 7 miles of track, 8 motor cars and 6
trail cars. Capital stock authorized, $100,000; issued, $60,000. Bonds
for $60,000 have been authorized. In May, 1898, purchased at fore
closure sale for $ 10,000 electric-light plant of Maoon Gas Light <
fe
Water Co., and it was reported would improve same, adding 1,000
horse-power engine and other machinery. V. 66, p. 1089. President,
Gen. Manager and Puichasing Agent, T. J. Carling.
M A D IS O N , W I S .
P opulation
in 1896 was 18,884; in 1890 was 13,429 ;
in 1880 was 10,324; and in 1870 was 9,176.
MADISON ELECTRIC RAILWAY—
Atrolleyroad.
ORGANIZATION— A reorganization in Feb., 1898, of th Madison City
Railway foreclosed in December, 1897
STOCK & B onds — Miles. Date. Interest. Outstanding. Maturity.
Stock, «75,000...... . . . .................................
$75,000
..........
1st M. $150,000 gold > 8*2
1898 5 g F -A
140,000 Feb. 15,1918
$500................ c.* 3 Int. at Savings & Trust Co., Cleveland, Ohio.
R o a d — Owns 8^ miles erf standard gauge track, of which 6X miles in
4
city limits and
extend to Elmside, Schuetzen Park and Cemetery.
OFFICERS.—President, F. W. Oakley, Madison; H. R. Newcomb, Sec
retary and Treasurer, Cleveland, O.
STREET
RAILWAYS.
M A H A N O Y C IT Y , P A .
M A R IO N , O H IO .
P opulation 1890
was 11,286; in 1880 was 7,181;
and in 1870 was 5.533.
P opulation 1890
was 8,327; in 1880 was 3,899;
and in 1870 was 2,531.
LAKESIDE RAILW A Y —A trolley road.
MARION STREET RAILWAY —
ORGANIZATION—Chartered January, 1893. Charter is perpetual.
Default.—la August, 1898, contested suit which might result in the
appointment of a receiver was pend ng. V. 66, p. 760; V. 67, p. 371.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Stock (par $50).......................................
$250,000
1st M., $250,000, gold 5 1893 6 g. M -N
200,000
Nov. 1,1923
$100, $500, $1,000.... \ In default since Way, 1898. Equitable Trust
Co., Philadelphia, trustee.
In August, 1898, a proposition for payment of the May coupon at
reduced interest was pending. V. 67, p. 371.
Road—H as completed and in operation 5 *a miles of road, connecting
Mahanoy City with Shenandoah. Projected to extend to Delano and
Lakeside or East Mahanoy Junction.
E a r n in g s — G ross receipts about $27,000 annually.
Dallas Sanders, President, Drexel Building, Philadelphia. . V. 66, p.
760; Y. 67, p. 371.
M A N C H E S T E R , N. H.
P opulation 1890
was 44,126; in 1880 was 32,630;
and in 1870 was 23,536.
MANCHESTER STREET R Y . - A trolley road.
ORGANIZATION—Incorporated July 20,1876, under perpetual charter.
Controls all street roads in Manchester and West Manchester. In
April, 1398, control was purchased by a Boston syndicate headed by
Tucker, Anthony & Co., the latter also owning the Manchester Electric
Co., which supplies electric power to, but is not, it is stated, to be con
solidated with, the street railway. Y. 66, p. 900.
STOCK—
Dale. Interest. Oulstand'g. Last div’nd.
Stock, $250,000 (pai $100) .......
Text.
$150,000
1896-7,9%
1st M. bonds, g., $250,000 ( 1895 5 g. J - J
250,000 Jan. 1,1915
red. after Jan. L, 1905.. ( Interest at Boston, Mass.
R oad —In June 30,1897, owned 201 miles track, standard, of which
a
41 miles second track and 1 mile sidings, etc. Rails 70 and 90 lb. T.
e
D ividends —I n 1894-5, $2,500; in 1895-6, $3,958; in 1896-7, $11,417;
in July, 1897, $6,000.
E a r n in g s — For years ending June 30:
Gross. ’
Net. Int.dktaxes. Dividends.
Balance.
1897-98... $158,885
$19,499 $16,568
$6.000
$3,069
1896-97... 145,836
26,52«»
14,752
(9%) 11,417
sur. 359
1395-96... 139,266
57,331
14,968
(10%)3,958 sur.$38,405
OFFICERS—President, William A. Tucker; Treasurer, P. L. Saltonstall.
—V. 60, p. 259; V. 66, p. 9 0 0 . ________
M A N IS T E E , M ICH .
P opulation 1894 was 13,419;
in 1890 was 12.812;
and in 1880 was 6.930.
MANISTEE FILER CITY & EAST LAKE
RAILWAY— tro
A
lley ro d
a .
in 1895 the population was given in the Directory as 15,750.
S tock & Bonds —
Date. Interest. Outstand'g. Maturity.
Block........................................................... $150,000
..................
1st mortgage,$2oO,000,g.c* 1 1*98 6 g. J-J 150,000
Jan. 1,1913
($500 each) red. after > Int. at Metropolitan Trust, New York,
1903 at 105....................)
Trustee.
B onds —M ortgage 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 offered for sale in February, 1898.
Road —Feb. 1897, operated 11 miles of track; 22 cars; 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.
EARNINGS—For year ending Dec. 31, 1897, gross, $36,159; net,
$15,256. In 1896, gross, $35,986; net, $15,750.
OFFICERS—President, Treasurer and Purchasing Agent, G. A. Hart;
Vice-President, R. R. Blacker; Secretary, George W. Swigart.
M A N S F IE L D ,
OHIO.
P opulation 1890
was 13,473; in 1880 was 9,859;
and in 1870 was 8.029.
CITIZENS’ ELECTRIC RY.
POWER CO.— tro
A
lley ro d
a .
LIGHT
&
O r g a n iz a t io n — Charter renewed in 1893 for 25 years. Successor to
the Mansfield Electric Street Ry. Owns also an incandescent light
plant with about 7,000 lights.
STOCK & B onds —
Date.
Interest. Outstand'g. Maturity.
Stock, $400,000...........................................
$125,000 ............. .
1st mort., $125,000 ($100 $ 1891
6 A -O
125,000 Apr., 1911
and $500).......................( Int. at office, Rush Taggart, N. Y., Tr.
In April, 1898, stock was increased from $125,000 to $400,000.
R O A D — Owns 9 miles of track. Extension proposed to Shelby, 3 miles.
President, S. N. Ford.
M A R IO N , 1ND.
P opulation 1890
was 8,769 in 1880 was 3,182;
and in 1870 was 1,658.
M A R IO N
C IT Y
R A I L W A Y —A trolley road.
O r g a n iz a t io n , E t c .— Chartered in 1893.
STOCK & BONDS—
Date. Interest. Outstanding. Maturity.
Stock, $500,009..........................................
$500,000
................
l st mortgage, $400,000,) 1895 6g. M -N
400,000 May 1,1915
gold ($1,000).............. c 5Interest at Nat. Broadway Bank, N. Y.
Mortgage trustee, Francis A. Palmer.
R o a d — 25 miles of track from Marion to Jonesboro and Gas City. Exteasion from Marion to Fairmount and Summitville, 18 miles, com
pleted August, 1898, forming with Union Traction line a continuous
road between Anderson and Marion, 35 miles.
EARNINGS—Year ending Deo. 31,1896, gross, $77,139 ; net, $32,252 ;
interest paid, $19,142; taxes, $2,072; balance, surplus for year
$ 11,038. In 1895, gross, $71,028 ; net, $34,642.
51
O r ganizatio n , Et c .—Stock, $100,000. Operates 4 miles of track.
OFFICERS—President and Treasurer, E. Durfee; Vice-President, G.
Leffler Secretary, Gen. Man’r. Supt. and Purch. Agent, G. E. Turner,
M A R L B O R O U G H , M ASS.
P opulation 1890
was 13,805; in 1880 was 10,127;
in 1870 was 8.474.
MARLBOROUGH STREET RAILWAY - A
trolley road.
ORGANIZATION—Incorporated March 27, 1888. In July, 1894, in
creased capital stock from $50,000 to $80,000. The Framingham
Southboro & Marlboro Ry., 8 miles, nearly completed in August, 1898,
would, it was expected, be leased to the Marlboro Street Ry.
STOCK & Bonds —
Date.
Interest. Outstand'g.
Maturity.
Stock $80,000 (par $100)...........
See text
$80,000
4% in 1895-6
1st mortgage................. C 1894
6J - J
80,000
July 2,1914
Sub.tocaIlatparafter5ys.) Interest at Intern! Trust, trustee, Boston.
Loans and bills payable Sept. 30,1897, $41,000.
Sinking fund is sufficient to retire 60 per cent of bonds at maturity.
Dividend—In 1894-95, 2 p. c.; in 1895-96, 4 p. c.; in 1896-7, none.
R O A D — Operates 7-37 miles of main track and *57 mile of sidings, etc«
EARNINGS—For year ending Sept. 30 earnings have been:
1897.
1896. I
1897.
1896.
Gross earnings..$34,766 $34,564 |Dividends.......... None.
$3,200
N e t ................... 8,431
7,334 Bal. for year...sur.$l,387 def.2,696
Int’st, taxes, eto. 7,044
6,830 |Tot. sur. Sep. 30. 4,422
3,035
OFFICERS—(January, 1897,) President, S.H.Howe; Treasurer, Thomas
T. Robinson, 178 Devonshire Street, Boston; Superintendent and Pur
chasing Agent, H. E. Bradford ; Clerk of Corporation, Fred. L. Claflin.
M ARSHALLTOW N,
IA.
P opulation 1890
was 8,914; in 1880 was 6,240;
and in 1870 was 3,218.
MARSHALLTOWN LIGHT POWER & RY.
—A trolley road.
O r g a n iz a t io n — Chartered July 1, 1892, with exclusive rights for
25 years, and equal advantages thereafter with any other company.
Runs electrical lighting and gas plant and electric railway.
STOCK & Bonds —
Date.
Interest. O itstand'g.
Maturity.
Stock ($500,000) ($100)............................ $250,000f.p.....................
1st mortgage ($150,000)) 1893
6g. J-J
125,000
July 1,1913
gold ($1,000)..........c.* 5 Int. at 1 1 Tr. & Sav. Bk., Chicago, trustee.
1.
EARNINGS—For years ending June 30:
1897. 1896. I
1897. 1&96.
From passengers.$12,507 $12,873 |Net (over taxes)..$17,167 $16,552
Other sources...... 27,752 26,760 Interest..............
7,500
7,500
Total gross...... $40,259 $39,633 Bal., surplus........ $9,667 $9,052
R o a d — Total track. 3*2 miles. President, C. D. Jones; Secretary, S.
B. Hovey; Treasurer, M. W. Hovey.
M E M P H IS , T E N N .
P opulation 1890
was 64,495; in 1880 was 33,592;
and in 1870 was 40,226*.
MEMPHIS STREET RAILWAY CO.—
ORGANIZATION—Charteredin 1895 and consolidated with the Citi
zens’ St., East End Street, City & Suburban and Memphis & Raleigh
Springs lines; franchise runs till 1945. No new bonds to No v. 10, *97
STOCK & B onds — Miles. Date. Interest. Outstand’g. Maturity.
St’k $500,000($100)..................................
$500,000
*
Citz. St. RR. 1st M .) 40
1887 6 g. J-J
995,000 Jan. i, 1916
($1,000), gold..c* SInt. atU . S. Nat. Bk. of N. Y. and Memphis.Tenn
City & 8ub. RR Is tM —
1891 6 M - S
$65,000
Mar. 1,1911
Subject to call aft. Mar. 1,1896. Interest at Security Bank, Memphis
East End St. Ry. 1st M., 5 1894 6 A - O
$100,000
Apr. 1 1924
currency, ($100, etc.). ( Subject to call on 60 days’ notice.
Interest payable by Memp. Tr. Co., trustee of mort., Memphis, Tenn.
The $65,000 City & Suburban 1st 6s will be redeemable on Sept. 1
1898.—V. 67, p. 371*
R O A D — Operates 66 miles of track in Memphis and suburbs as follow s;
City & Suburban Ry............
5
Memp.&Raleigh Springs RR. 11*’
East End Street Ry.............
8
Citizens’ Street R R ............. 42
Rails 70 to 90 lb. T and Johnson.
OFFICERS—President, C. K. G. Billings; Vice-President, General Man’r
and Purch. Agent, F. G. Jones; Secretary and Treasurer, R. L. Benson
- V. 67, p. 371.
M E N O M IN E E , MICH.
P opulation 1890
was 10,633, and in 1880 was 3,288.
MENOMINEE ELECTRIC LIGHT * RAIL
WAY & POWER.
O rganization —Chartered July 31,1891. Capital stock issued and
paid in $110,000; par, $100. First mortgage 6s of 1893, $38,000
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 315net of both in 1895-96, $11,532, against $10,987; net of both forvear
ending April 30,1898, $12,; 87.
OFFICERS.-President, A. Spies; Vice-President, A. A. CarpenterSecretary, Treasurer & General Manager, E. Daniell.
P o p u l a t io n - Estimated population in 1 8 9 6 13,000
M E R ID E N , C O N N .
P opulation 1890
was 21,652; in 1880 was 15 540
MERIDEN ELECTRIC RAILROAD—
Trolley
ORGANIZATION—Organized August 14, 1886. In November 1895
control was obtained by the N. Y. N. H. & H. RR. Co.—V. 61, p/794
52
STEEET
RAILWAYS,
STOCK & Bonds - Par. Date. Interest. Outstanding. Maturity.
Stock, $1,000,000..
$100 ..................... $1,000,000
.............
Meriden Horse RR. ) 1,000 1891
5 A -O
85,000 Oet. 1,1911
1st mortgage....... $ Interest at Girard Idle, etc., Co. of Philadelphia.
Meriden Horse RR. > .......
1894 5 g. J-J $415,000 Jan. 1, 1924
con.M.,g.,$500,000 ( Interest at Girard Life, Philadelphia.
Sept. 30,1897, bills payable, $105,000.
Road —I n Meriden, extending also to Wallingford, 17*2 miles in all.
E a r n in g s — For year ending Sept. 30, 1897, gross, $111,437; net,
$21,539; interest and taxes, $29,149; b a l , deficit, for year, $7,610. In
1895-96, gross, $104,641; neb, $28,923.
OFFICERS—President, N. H. Heft, New Haven; Secretary and Treas
urer, W. L. Squire, New Haven.—V. 61, p. 704, 704.
M IC H IG A N C IT Y , IND.
P opulation
in 1890 was 10,776; in 1880 was 7,366.
LAKE CITIES ELECTRIC R Y . —Trolley.
R eceivership —I n Feb., 1898, I. I. Spiro was appointed receiver
Interest due Feb. 1,1898, was partly paid, but payment was stopped
when receiver was appointed.
LIGHTING P l a n t — Owns plant for commercial and public lighting,
pole line and wires covering entire city. Company has a 10-year con
tract with the city for lighting, from Aug. 1,1894.
STOCK & B onds —
Date.
Interest. Outstand’g. Maturity.
................
Common stock, (par $100)............................. $200,000
Pref., non-eum., $100,000.............................
50,000
................
1st M., $300,000, g. ($500)) 1893
6 g.F-A.
75,000 Feb. 1,1923
(In default, see above) c* (Metropolitan Tr. Co., N.Y., trustee.
EfRNlNQS—Including electric-light plant, for calendar year 1897
gross, $15,683. For calendar year 1896, gross, $12,399.
ROAD—Owns 6 miles of track. Rail 72-lb. T .—V. 66, p. 288.
M IL L V IL L E , N. J.
Population
in 1890 was 10,002; and in 1880 was 7,660.
MILLVILLE TRACTION— trolley road.
A
O r g anization —This company owns the entire capital stock of the
Millville Rapid Transit ($50,000) and operates in all 3-64 miles of track.
STOCK & B o n d s —
Date. Interest. Outstand’g.
Maturity.
Stock, $175,000......................................... ' $175,000
................
1st mortgage. $400,000, > 1894 5g. F - A
88,000
1914
gold ($1,000 each)___c* (Interest at Land Title & Tr., Phila.. Trus.
“Other debts” Jan.l,’98............................
$24,982
...............
E a r n in g s — For year 1897 gross, $6,327; deficit under operating»
$4,233. President, G. B. Langley; Sec. and Treas., D. C. Lewis.
M I L W A U K E E , W IS .
P opulation 1890
was 204,468; in 1880 was 115,702;
and in 1870 was 71,440.
MILWAUKEE ELECTRIC RAILWAY
LIGHT C O . —A trolley road.
&
O rganization—Incorporated in January, 1896, to succeed to the
property and franchises of the Milwaukee Street Railway Company,
sold in foreclosure Jan. 29,1896, per plan in V. 60, p. 1009. Controlled
by the “ North American Co.” (See Miscellaneous Companies in I n
vestors’ Supplement .) The Company besides its street railway sys
tem owns and operates electric-light and power works (costing $1,625,938) under franchises said to be exclusive. Was furnishing in
May, 1896, 31,000 incandescent lamps, about 800 h. p. in motors and
1,625 arc lights.
In March, 1898, to obtain new franchise company offered to make
certain improvements and extensions, to pay city $50,000 cash, and
td sell tickets in packages at reduced rates good during certain hours,
with full transfer privileges.—V. 66, p. 574. The ordinance requiring
the sale of tickets at less than five cents was declared invalid and a
P opulation in 1890 was 9,013; in 1880 was 6,826;
permanent injunction restraining its enforcement was served on July
AND in 1870 WAS'6,923.
1,1898.—V. 66, p. 1089; V. 67, p. 74, 126.
MIDDLETOWN & PORTLAND STREET RY. Milwaukee Light, Heat < Traction Go.—Organized in December,
£
—A trolley road. Serves population of about 17,000.
1896, with capital stock of $500,000 and acquired Pabst electric light
ORGANIZATION—Organized Feb. 12,1894, and in Jan., 1898, consoli properties and a line to Wauwatosa, 2 ^ miles, in interest of Mil
dated with the Portland Street Ry., built in 1896 to Gildersleeve’s Elec. Ry. & Light. In Dec., 1897, the Mil. & Wauwatosa Motor Ry.,
Landing. Extensions are to be built in spring of 1898.
North Greenfield & Wauwatosa Electric Ry., Waukesha Electric Ry.,
Stock, par, $25...issued, $135,000
E arnings of old Middletown St. and the Waukesha Beach Electric Ry. were conveyed to the M. L. H.
1st M., $150,000, gold, 5
Ry.—For 12 months ending Sept.
guar, J -D ..................
90,000 30, ’97, gross, $21,618. I n ’95-6, & Traction Co. Receipts of the Milwaukee L. H. & Traction Co. for
(Dated 1894. Due 1915.)
gross, $23,333; net, $6,896; taxes, 1897 were stated as $55,515.—V. 65, p. 1221; V. 63, p. 1115.
Portland Street 1st M. 5s,
$813; int., $4,065; div., 4 p. c., $3,STOCK & B o n d s —
Date. Interest. Outstand’g.
Maturity
M-N, 1896-1916........... 30,000 000; balance, deficit, $983.
Common stock (par $100)........................... $3,500,000
.............
ROAD—Owns 7'05 miles of tracks and 0-9 miles of sidings.
Pref. stock, $4,500,000, 6 )
QkAa a a a
................
p. 0., non-cum., par $100 ( ................. ; —
OFFICERS—President, John M. Douglas; Vice-President, Israel Kel
MUw. City RR. 1st mort., \ 1888 5g. J - D
1,000,000 Deo. 1, 1908
sey; Secretary ana Treasurer, J. K. Guy. Index —V. 62, p. 85.
41 m., $1,000,000,gold.o* ( Central Trust Co., N. Y. City, is trustee.
West Bide Street Ry., lst| 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., 5 1896 5g. F - A $6,103,000 Feb. 1,1926
consol.M.$8,000,000,g.c* \Trustee, Central Trust Co., New York.
Interest on Milwaukee City RR. firsts and on consols at company’s
P opulation 1890 was 11,977; in 1880 was 8,494;
office, 30 Broad Street, N. Y.
and in 1870 was 6,049.
B onds—New consols of 1896 for $1,500,000 are reserved for prior
MIDDLETOWN-GOSHEN TRACTION. •
O r g a n i z a t i o n —A consolidation June 22,1895, of the old Middle- bonds still outstanding and $1,000,000 are issuable for improvements
town-Goshen Traction and the Middletown-Bloomingburg Electric Ry. and extensions together with $1,000,000 pref. stock.—V. 62, p, 1038In March, 1898, control was purchased by New York capitalists- In March, 1898, there were listed on New York Stock Exchange $603,The company at the same time acquired Midway Park.—V. 66, p. 574 000 additional consols, making total amount outstanding $6,103,000.
STOCK & B onds —
Date. Interest.
Outst'd’g. Maturity. V. 66, p. 520.
Stock, $400,000, par $100............................. $275,000 f.p........ .......
R o a d —Total track Dec. 31, 1897, was 137 miles—all trolley ex
Old Co’s.lstmort.,$200,000, ( 1894 6g. J - J
200,000 Jan. 1,1919
gold* $1,000, s. f...........c* ( Int.at Farmers’ L. & Tr.Co., N.Y.,trustee. cept one branch of 5 miles to White Fish Bay, operated with dummies,
Middlet’n-Bloomb’g 1st M. 5 1895 6 M.&N.
75,000 May 1,1920 but being replaced by an electric line in June, 1898. The Milwaukee
gold ($1,000)$200,000 s.f. ( Int. at Farmers’ L. & T. Co., N.Y., trustee. < Wauwatosa Motor Ry., 12 miles, was purchased in July, 1897, in
&
R o a d — Operates 13 miles of track extending from Middletown, interest of M. E. Ry. & L. Co., and completed to Waukesha in June,
N. Y., to Midway Park, Goshen and Bloomingburg, including switches, 1898; Waukesha & Pewaukee Beaoh Electric was also purchased.
turnouts, etc. Rails 65-lb. T except ^ mile only of 80 lb. girder.
Line between Milwaukee and Pewaukee Lake was opened in 1898,
Y e ar ly E a r n in g s — Fiscal year ends June 30. Balance sheet and in Aug., 1898, extension to Oconomowoc and other lake resorts,,
June 30,1896 in V. 63, p. 558. Earnings have been as follows :
in Waukesha County was proposed.
1896-7. 1895-6. I
1896-7. 1895-6.
G e n e r a l F in a n c e s — On Jan. 1,1897, current liabilities, including
Gross earnings...$46,584 $52,815 |Interest............................$16,500$16,506 and accrued interest on bonds, were $615,975; available assets,
taxes
Net earnings... $2,188 $11,255 1Taxes............................... 1,5451,384
Total net......... $3,513 $12,442 |Balance;........df.$14,532 df.$5,448 $102,875. Estimated cost of power house and track improvements
OFFICERS— (March, 1898,) President, F. MoKeige, New York; Vice. necessary to be made, $415,000. During 1898 it was proposed to
President and Treasurer, Charles G. M. Thomas, New York; Secretary, spend $1,000,000 in Improvements.
A n n u a l R e p o r t — Fiscal year ends Deo. 31. See report of the
Henry M. Brun^age, 31 Nassau St., New York; Gen. Manager, W. A.
North American Co. in V. 66, p. 1186. The earnings for 1897 below
Grauten, New Paltz, N. Y .—V. 63, p. 558; V. 65, p. 867; V. 66, p. 574.
are those reported for taxation purposes:
1897.
1896.
------------ -1895.------------ .
Year—
Gross.
Gross.
Net.
Gross.
Railway.............$1,374.118
$1,211,093
$1,315,963
$487,375
Lighting, etc......
288,008
261,658
231,074
101,121
P opulation in 1890 was 8,780; in 1880 was 9,310;
M ID D L E T O W N , C O N N .
M ID D L E T O W N , N. Y.
M IL F O R D , M A S S .
and in
1870
was
9,890.
Combined... $1,662,126
$1,472,751
$1,547,037
$588,496
MILFORD HOLLISTON & FRAMINGHAM
In the above statement the items of taxes, in urance, accident
STREET RAILWAY— ro
T lley
.
damages and general expenses are included in the operating expenses
O r g a n iz a t io n — Commenced operation May 15,1896. In 1897 pur
chased entire capital stock of Milford & Hopedale St. Ry.
Capital stock is $210,000 (par $100). First mortgage gold 5s, J-J,
dated 1898, due Jan. 1,1918, $165,000.
ROAD—Owns 2iis miles of track.
E a r n in g s — Nine months ending June 30,1898, gross, $57,686; net,
$20,824; interest, taxes, etc., $10,645. President, W. B. Ferguson;
Treasurer, G. A. Butman* Malden, Mass.
MILFORD & HOPEDALE ST. R Y . - T r o lle y .
S e c u r it ie s — Capital stock $60,000 (par $100), all owned by Milford
H. & F. SC. Ry. On Oct. 1,1897, loans and bills payable, $60,958; no
bonds. Owns 2*44 miles of track. Year 1896-97, gross, $12,942.
E a r n in g s — For year ending Sept. 30,1896, gross, $6,914; net, $3,593;
taxes, etc., $993; dividends (4 p. c.), $2,400; balance, year, $200
President, W. B. Ferguson; Treasurer, G. A. Butman, Malden, Mass!
that have been deducted to determine the net earnings.
B A L A N C E S H E E T J U N E 1, 1896.
Resources.
Liabilities.
Property.................... $14,223,151 Stock, preferred........ $3,500,000
Supply'department...
52,906 Stock, common.......... 3,500,000
Consols.....................
7,000,000
Consols to retire 1st
mortgage bonds...... 1,500,000 1st mortgage bonds... 1,500,000
Accounts receivable..
33,672 Arc Light Co. mort...
20,000
Trustee, appeal cases.
8,753 Bills and accounts
payable..................
Securities in trust.....
6,700
234,744
Cash..........................
18,473 Accrued interest.......
127,083
Profit and loss...........
44,872 Mil. St. Ry. securities.
6,700
Total.......... ............$15,888,527
OFFICERS—President, W.
Total....................... $15,888,527
N. Cromwell. Vice-President, Henry
C. Payne, Milwaukee, Wis. ; Secretary, C. A. Spofford, New York
Treasurer, Edward Edes; Purchasing Agent, W. C. Vanden BergNew York office, 30 Broad St., N. Y. City.—V. 67, p. 74,126.
STREET
MILWAUKEE RACINE
&
ELECTRIC RY.— tro
A
lley ro d
a .
RAILWAYS.
KENOSHA
O r ganization —Formed In 1896, and operated from Milwaukee to
Racine and subsequently to Kenosha, 32 miles. Road completed to
northern limits of Kenosha in November, 1897. In Aug., 1898, a threemile extension through Kenosha was proposed, but franchise had not
been obtained.
„STOCK & B onds —
Date.
Interest. Outstanding. Maturity.
Stk., $340,000(par,$100) ......................
$300,000
......
1st M., $375,000.......... 1898
6 M-S.
300,000
Mar. i", 1928
New Mortgage—New mortgage is for $375,000, of which $300,000
used to retire an equal amount of 1st 6s due 1926, the balance to be
used for extensions, additional equipment, etc. V. 66, p. 901,954.
From Jan. 1 to Aug. 1,1898, most of the time being under construc
tion, road earned all expenses and fixed charges.
OFFICERS—President, Matthew Slush; Vice-President, A. W. Bishop;
2d Vice-President, William G re if; Secretary and Treasurer, George J.
Hoffman, care United Bank & Sav. Co., Cleveland, O.—V. 63, p. 560 ;
V . 66, p. 901, 954.
M IN N E A P O L I S , M IN N .
P opulation
Minneapolis and St . P aul combined in 1890 was
297,894; IN 1880 WAS 88,360; and in 1870 was 33,096.
op
TWIN CITY RAPID TRANSIT—
Cable a d
n electric
ro d
a .
ORGANIZATION—The company was organized under the laws of the
State of New Jersey, June 3,1891, and by virtue of its stock owner
ship of the underlying companies (to wit: The Minneapolis Street
Railway Co., The St. Paul City Railway Co. and the Minneapolis Lyndale & Minnetonka 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.
S tock & B onds —
Date.
Twin City Rap. Tran.—
Common stock,$17,- )
000,000; par $100 5 .......
Preferred stck. cum. ) -, Q F
Q$3,000,000 ($100) 5 X8ao
Loan due Dec., 1900. 1897
Minn. St. Ry. Oo.—
1st M., g.,red. atl05. ?, QQn
yearly.
/ 1880
2d mort., gold...c*&r 1883
1st consol, mort. gold,
$5,000,000.........c* 1889
St. Paul City Ry. Oo.—
1st consol. M., gold.. 1884
Cab. con., g., see text. 1887
Debentures, gold...... 1890
Interest.
Outstanding.
$15,010,000
Maturity.
None.
7
Q. - J.
6 per cent
6 g A. - O.
5 g 3.i s - J.
6 g M. - N.
A ll 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 pre
ferred stock on which interest is payable quarterly.
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 paid 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 pay
able to the holders of the common stock.
Dividends—A ll dividends on preferred to and including July, 1898
(1% per cent), have been paid.
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 & Minnetonka Railway Co. has issued
$5.000,000 5 per cent 30-year first mortgage and first consolidated
mortgage gold bonds, of which $910,000 are held in trust by the Farm
ers’ Loan & Trust Company to redeem the $910,000 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 $4,298,000 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 aotuai cash
cost of construction, under a mileage limit of $15,000 per mile. Part
of these consols ($1,138,000 on J u n e ll,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,
all recently built or rebuilt, and thoroughly equipped. Two double
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
and imbedded in concrete was used.
A second inter-urban line was completed and began to be operated
on July 1,1898, affording direct communication with Como Park and
the State fair grounds.
G e ner al F inances —I n December, 1897, the balance of the certifi
cates of indebtedness was paid off, partly by the issue of $577,000 of
pref erred stock and by a loan of $750,000 for three years. On Jan. 1,
1898, the treasury held $1,287,800 of 7 per cent preferred stock;
bills payable outstanding were $102,127.
The company leases water power at St. Anthony’s Falls (capac-1
ity 10,000 h. p.), which power is now used to run the entire railw ay!
system in both cities.—see V. 64, p. 704.
I
a r n in g s —
6 m os.
1898.Gross, $1,005,034;
1897. Gross,
930,429 ;
n t,
e $505,750
n t, 436,616
e
A n n u a l R eport —Fiscal year ends Dec. 31. Report for 1897 was in
V. 66, p. 424, 469, showing results on the entire property as follows:
1897.
1896.
1895.
$1,982,785 $2,037,935 $1,964,772
Receipts from other sources.
26,336
21,283
24,031
$2,009,121 $2,059,218 $1,988,803
. $877,616
$846,892
$875,787
Insurance and general expenses..
52,464
51,702
53,785
Injuries and damages..................
72,000
65,587
80,891
.$1,002,080
$995,159
$979,485
.$1,007,041 $1,064,059 $1,009,318
Interest on bonds and 6% ctfs...
f $618,131
$637,444
Interest on floating debt........... ► $705,438-(
8,226
4,726
Dividends on 7 p. o. pref. stock..
1
79,534
59,598
Taxes................................
66,469
58,170
49,071
. $771,907
. $235,134
$764,061
$750,839
$299,998
$258,479
BALANCE S h e e t .—Twin City Rapid Transit Company re e i
n ra
balance sheet of December 31,1897, was as follows :
Resources.
Liabilities.
Roadway, &e............ $14,238,584 Stocks. ...................... $16,647,200
Securities valued at.TT 15,000,000 Bonds and 6% certs.
10,298,000
Notes & acots. receiv..
121,175 Unpaid vouchers, etc.
55,690
Cash...............
...
228,435 Pay-rolls,etc., not due.
79,469
Ins., etc., paid in adv.
6,103 Int. on bonds accrued.
206,233
Materials and supplies
110,497 Bills payable.............
102,127
T. C. R. T. Co. stock
Loan Deo. 31,1900. .
750,000
acot. to be adjusted.
............... account—sur. 1,615,076
Income
Total......................$29,754,796
Total...................... $29,754,796
ITNote .—Consists o f: Minneapolis Street Railway Co. stock, $5,000,000; St. Paul City Railway stock, $5,000,000; Minneapolis Lyndale & Minnetonka Ry. Co. stock, $385,000—total par value, $10,385,000; valued at $15,000,000.
O f f i c e r s — President, Thomas Lowry; Vice-President, Secretary and
Treasurer, C. G. Goodrich; Auditor, J. F. Calderwood; General M an
ager, W. J. Hield. Fiscal Agents, J. Kennedy, Tod & Co., 45 W all
Street, N. Y. (V. 65, p. 1127; V. 66, p. 424,428, 469.)
4.090.000 Jan. 15,1919
680,000 Oct. 1, 1934
3.618.000 Jan. 15,1937
1,000,000 May 1, 1900
E
Jan. 1 to June 30.
310.000 Nov. 1, 1910
600.000 Nov. 1, 1913
5 g 3.i s - J.
atest
1,712,200 July,’98,1%%
750.000
Deo., 1900
7 g M. - N.
6 g M. - N.
L
53
m o b il e
; a l a .
P opulation 1890 was 31,076 ; in 1880
and IN 1870 WAS 32,034.
was 29,132 ;
MOBILE LIGHT & RAILROAD CO.-A tro
lley
ro d
a .
ORGANIZATION—A consolidation in April, 1897, of the M. L. & Rail
way and Mobile & Spring Hill Ry. Franchise is perpetual.
STO CK & B o n d s —
Date. Interest. Outstanding. Maturity
Stock, $400,000, par $100............................. $400,000
................
1st mortgage, gold ($1,000).. 1897 5g. J-D
400,000 June 1,1937
R o a d , E T C . — Owns 14 miles of track in Mobile and extends t o
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 are 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. Con
solidation of this road with the Mobile Light & Power Co. has been
proposed.
STOCK & Bonds —
Miles. Date. Interest. Outstand’g. Maturity,
Stock, $500,000............................................... $500,000
.......... .
Istmortgage, gold, $350,- £ ....... lg93 6g M_N
240,000 May 1,1923
Other indebtedness........ * ...............................
(1)
.............
Interest at National City Bank, New York.
Bonds—The mortgage of 1893 is for $350,000, and was issued for the
purpose of electrically equipping the road, for extensions and improve
ments. The mortgage trustee is the Farmers’ Loan & Trust Co., N. Y.
R O A D — Operates 20-25 miles of track.
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.
—V. 60, p. 929.
M O L IN E , ILL.
P opulation 1890
was 12,000; in 1880 was 7,800;
and in 1870 was 4,166.
MOLINE CENTRAL STREET RAILWAY—
A trolley road.
O r g a n i z a t i o n — Chartered October 2,1884.
S tock & B onds —
Miles. Date. Interest. Outstand'g. Maturity.
Stk.$100,000,par$100 ................................
$32,000 ...................
1st M., $100,000, cur...........
1889 6 M - N
48,000 Nov. ij 1904
Mortgage trustee is the American Trust & Savings Bank of Chicago.
Coupons are mostly paid at Company’s office.
fiOAD—Operates 5 miles of track on 5 miles of street.
O f f i c e r s — President, W. L. Velie; Secretary and Purchasing Agent
E. H. Guyer, Rock Island, 111.; Treasurer, J. S. Gilmore.
STKEET
54
RAILWAYS.
M ONTGOM ERY, A LA .
P opulation 1890 was 21,883; in 1880
AND IN 1870 WAS 10,588.
was 16,713;
reported to have applied for permission to extend its tracks to State
line at Tyngsboro in order to connect there with the line to Lowell.
E a r n i n g s — Years ending June 30:
Gross.
Net.
Int. < taxes.
£
Balance.
MONTGOMERY STREET RAILWAY CO.-A 1897-98................. $60,260
trolley road.
O
r g a n iz a t io n —
A consolidation, Aug. 1,1894, of the Cloverdale Land
& Improvement Co. with the Montgomery Terminal & Street Ry. Co.
which last then changed Its name to present title. Has a perpetual but
not exclusive franchise.
STOCK, B onds E t c . Miles. Date. Interest. Outstand’g
Maturity.
Stock.:.......................................................
$290,000 .............!
1st mortgage fo ri 14-25 1893 6g. F - A
290,000
1923
$350,000, gold.. I Interest at Farmers’ L. & T., Trustee, N. Y. City.
Bonds—The bonds unissued may be sold at the company’s discretion.
ROAD— I n March, 1898, owned 14^ miles of trolley road in city of
Montgomery. Rails 51 *2,66 and 84-pound girder and 60-pound T rails.
Calendar years—In 1897, gross, $54,914; net, $27,709. In 1896,
gross, $57,290; net, $29,382; 1895, gross, $50,645; net, $22,730.
OFFICERS—President, J. W. Dimmick; Secretary, J. C. Virden;
Treasurer, G. W. Craik.
M O N T G O M E R Y SUBURBAN STREET
RAILWAY— tro
A
lley ro d
a .
. O r g a n i z a t i o n — Successor in Jannary, 1896, to West End & River
Side Electric Ry. sold in foreclosure in July, 1895.
STOCK & Bonds —
Date.
Interest. Outstanding.
Maturity.
Stock......................................................
$100,000
................
M rtg g
o a ..................................
e
........
(t,
R o a d — I t is said to operate 4 ^ miles of track and road. Additional
franchises granted in May, 1897.
OFFICERS—President,Alexander Troy; Treasurer, RobertWoolfolk.
Office Court Square and Dexter Ave.—V.61, p. 70.
M ONTREAL,
CANADA.
P opulation
in 1897 was about 250,000; in 1891 was
216,650; and IN 1881 WAS 155,237.
MONTREAL STREET RAILWAY-— . p. 233.
V66,
M U N C IE , IND.
P opulation
in 1890 was 11,345; in 1880 was 5,219;
AND IN 1870 WAS 2,992.
1896-97................ 61,104
1895-96................. 53,640
1894-95................. 26,840
$15,873
17,180
10,573
def.1,323
$11,256
10,675
8,903
8,155
sur.$4,617
6,505
sur.1,670
def.9,478
OFFICERS-President, John A. Fisher; Vice-President, August Fels;
Treasurer, Percy Parker; Gen. Man.. P. F. Sullivan; Auditor, D. D.
Bartlett. INDEX—V. 60, p. 606.
N A S H V IL L E , TEN N.
POPULATION 1890 WAS 76,168; in 1880
AND IN 1870 WAS 25,865.
was 43,350;
CITIZENS’ RAPID TRANSIT-A trolley road.
r g a n i z a t i o n — Chartered July 29, 1889.
The Citizens’ Rapid
Transit Co. also operates the Nashville Electric Ry.(3*71 miles), which
is the private property of O. T. Bannard of N ew York.
STOCK & B onds —
Date.
Interest.
Outstanding.
Maturity
Stock auth., $18,000; 5
< q aaa
ei
$18,000
..............
(par, $100).............X....... ............. - - •Is tM *iuu,ouu, gold XInterest atg.J-Jt Co. of Nor. Am., Philadelphia.
6 T^g
60,000
July 1,1910
xst m., $100 000 goia. ^ 1890
O
ROAD— Operates 10 miles of track and road, including Nashville
Electric Ry., 3-71 miles. In 1894, on 7*2 miles, earned gross $28,236.
OFFICERS-President, C. Flisher Secretary, T. O. Price; Treasurer
and Superintendent, J. K. Spicer.
N A S H V I L L E S T R E E T R A I L W A Y —A trolley road
ORGANIZATION— Chartered in 1894, and succeeded to the property!
the United Electric Ry., sold in foreclosure in April, 1894. Has per
petual franchise, giving it exclusive rights on streets occupied.—V
63, p. 1115.
S tock & B onds —
Date. Interest. Outstanding. Maturity.
Stock ($1,500,000 auth.)...............
....... $1,500,000
.............
McGavock & Mt. Vernon 1st 1883
6 F -A
150,000 Aug. 1,1913
Do Summer St. Is tM ... 1886
6J- J
65,000
1926
Do 2d series................. 1887
6J- J
485,000
1937
Do 2d mortgage.......... 1889
6 A -O
200,000 Oct. 1,1919
Nashville & Edgefield 1st M. 1886
6 J- J
126,000 Jan. 1,1917
Do consol. M. $400,000 18*9
6J-J
274,000 Jan. 1,1919
South Nashv. St. RR. Is tM .. 1884
6J- J
216,000
1914
Nashville St. Ry. consol. M .) , QO484,000 Jan. 1,1925
$2,000,000, gold $1,000.. 1 ia y ° >g. J - J
Floating debt May 1,1898, over ! 50,000.
Interest is payable by Moore & Schley, 80 Broadway, N. Y.
CITIZENS’ STREET RAIL"WAY.— tro
A
lley ro d
a .
O r g a n i z a t i o n — O a ize S p m ,e
rg n d e te 1 1893. In1897 t h e p p la Of the consol, mortgage of 1895, $1,516,000 are in escrow to redeem
br
o u
underlying bonds.
tio of M n ie s id to b
n
u c
a
25,527.
e
STOCK & Bonds —
Date.
Interest. Outstand’g. Maturity.
Stock,com.,$200,000,($100)..........................
$200 000^
U
St’k,pf.,7p.c„$100,000i$100)........................
100 000
..........
1st mort. gold,$250,000.c * l 1897
6 g. J-D
250,000 Dec." 1,"’*27
S. f.subj. to call at $105, > Interest at Guar. Trust & Safe Den. Co..
$500 and $1,000........... 5 Philadelphia, trustee.
A ll the bonds may be called at any time.
EARNINGS—Jan. to Apr. 30 (4 months), gross, $16,223 in 1898; $13,102 in 1897. Calendar year 1897, gross, $61,478; net, $28,377; in 1896,
gross, $57,545; net, $24,462; in 1895, gross, $60,986; net, $28,795.
ROAD -O w n s 15*17 miles of track. Road projected, 2 miles.
OFFICERS-President, J. S. Talley; Vice-President, C. W. Talley
Secretary, G. F. McCulloch.
*
’
M U S C A T IN E , I O W A .
P opulation 1890 was 11,454; in 1880
AND in 1870 was 6,718.
was 8,295;
MUSCATINE ELECTRIC RAILW A Y - A t r o l l e
road and light plant.
ORGANIZATION— Chartered in February, 1893. Its charter is for 2
years, and its franchise for operating street railways gives it, so it i
said, the exclusive right to do street railway business in the city fo
the same period, 25 years. The gas and electric light franchise is t
operate and maintain within the city gas, electric light and powe
works, and the city agrees to take not less than 21 arc lights and 27'
gas street lamps for a period of ten years. The Home Electric L. &. I
Co. was acquired in 1896.
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity
S to c k .....................................................
$300,000
............. .
1st mort., $150,000, gold, X 1898
_ 150,000
Jan. i , i9l":
<
Subject to call at par Jan. 1,190:
New loan of 1898 was used to refund a like amount o f 6s of 1892
voluntarily surrendered for exchange. Manhattan Trust Company i
mortgage trustee.
A n n u a l R e p o r t — F or the years ending June 30 earnings were: I n
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; in 1894-95 gross.
$41,678, net, $12,119.
R o a d — Operates 8 miles of tracx.
OFFICERS—President and Treasurer, W. A. Seevers; Secretary, M. E.
Seevers.—V. 66, p. 574.
ROAD— Owns 46-9 miles of trolley road in city of Nashville, Tenn.
Rails 40-lb. T and 45 and 80-lb. girder. Cars, 84 motor and 32 trailers.
Fiscal year ends April 30.
E arnings —
Yrs. end. Api. 30— Gross.
Net.
Taxes &Ins. Interest. Bal.,sur.
1896-7.................. $350,426 $167,221 $21,461 $120,000 $25,760
1895-6.................. 322,566
139,804 ...........................
........
1894-5.................. 311,896
125,527 ..........................................
Total passengers carried : In 1897, 14,219,566; in 1896,9,854,823;
in 1895, 9,107,095.,
OFFICERS—Elected in May, 1896—President, Thomas M. Steger; VicePresident, L. D. Tyson; Secretary and Treasurer, N. P. Yeatman,
General Manager and Purchasing Agent, E. G. Connette. V. 63, p. 78,
1115; V. 64, p. 135.
NASHVILLE & SUBURBAN R Y . —A steam and
electric road.
ORGANIZATION— A reorganization in May,1896,of the Nashville Trac
tion Co. Capital stock is $100,000. No bonds issued to June, 1896.
STOCK & Bonds —
Date.
Interest.
Outstanding.
Maturity.
.............
Stock, $100,000....................
............
$100,000
ROAD— Operates 9*3 miles, of which part steam and part electric.
OFFICERS-President, Wm. Checkley Shaw, Balt., Md.; Sec. and
Treas., S. H arvey Bennett.— V. 61, p. 559 ; V. 62, p. 85, 278, 502. 990
N A T IC K ,
M ASS.
P opulation 1890
was 9,118; in 1880 was 8,479;
and IN 1870 was 6,404.
NATICK & COCHITUATE STREET RAIL
W A Y —A trolley road.
ORGANIZATION— Owns l l miles of main line track and *2 mile sidings
Stock $100,000, par $100. No bonds. Unfunded debt Sept. 30,1897
$20,000. On August 1,1897, 2 miles of road through Framingham
was completed and equipped. Dividends—In 1893-4,6 p. c. on $31,100
in 1894-5,3 p. c.; in 1895-6, 5 p. c.; in 1896-7, 6 p. c.
E a r n in g s — For years ending Sept. 30:
Gross.
Net.
Int.d- taxes. Dividends. Bal.,sur
1896-97.............$45,738
$9,357
$1,682
$6,000
$1,675
1895-96............ 38,040
8,256
702
5,000
2,554
1894-95............. 20,291
7,330
721
2,933
3.67C
Total surplus Sept. 30,1896, $7,761.
OFFICERS-President, Harrison Harwood; Treasurer, R. W. Harwood
Clerk, Frank H. Hayes.
N A S H U A , N. H.
P opulation 1890
and
19,311; in 1880
IN 1870 was 10,543.
was
was
13,397;
NASHUA STREET RAILWAY.— ro y
T lle .
ORGANIZATION— Incorporated Aug. 14,1885.
S tock , B onds E t c .Date. Interest. Outstanding.
Maturity
Stock,$325,000,(par$100).......................
$250,000
. .
*
l i t mortgage, $150,000.......... 6 A O
150,000
A p rii Ì, Ì 9 1 Ì
interest at N ashua Trust Co., Nashua.
Subject to call April 1,19’
01
Loans and bills payable J une 30,1898, $53,860.
ROAD—June 30,1897, operated 14-47 miles of track. In June, 1898,
SOUTH MIDDLESEX STREET RAILWAYA trolley road.
ORGANIZATION— Chartered in 1891. Originally Natick Electrio Street
Ry. running from Natick to Framingham, but in 1894 name changed
and road extended from South Framingham through Ashland to Hop«
kinton, a distance of 7 miles.
STOCK & B onds —
Date.
Interest. Outstand’g.
Maturity.
Stock ($100)..........................
See below. $100,000
................
1st M., $100,000, gold. 1895
5 g .F - A
100,000
Feb. i",*1915
Loans and bills payable Oct. 1,1897, $49,000
Interest payable at International Trust Company, Boston.
STKEET
RAILW AYS
55
Dividends: In 1894, 6 p. c.; in 1894-95, 2*a p. c.; in 1895-96, 4 p. e.
R o a d — Owns l S ^ miles of track; rails 45 and 50-lb. T.
E a r n i n g s — Year ending September 30, 1897, gross, $52,074; n e t,
$21,034; interest, $8,030; taxes. $1,643; dividends, $5,500; bal.,
surplus for year, $5,861, from which deduct $3,055 for depreciation.
Total sur. Oct. I,’97, $5,027. In 1895-6, gross, $51,009; net, $16,460.
New Britain Electric-Light Co. Securities below include both railway
and lighting plant. Population in 1895 estimated at 26,000. See edit
orial in V. 65, p. 1054.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Stock ($1,000,000) $ 2 5 ..............................
$600,000f.p.................
1st mortgage (Trustee, < 1893 5 J - D
533,000 Deo. 1,1923
Old Col.Tr. Co.,Boston) \ Interest at New Britain National Bank.
Bills payable Oct. 1,1897...........................
$119,471
................
R o a d — Oct. 1, 1897, owned road 18-62 miles in length, being 41
*
miles in city streets and 4*a miles to Plain ville; 4 miles to Berlin;
P opulation 1890 was 5,083; in 1880 was 4,202;
3*2 miles to Newington Centre; switches, etc., 2 miles. Length of road
and in 1870 was 2,655.
MENASHA & NEENAH STREET RAIL paved, 10-25‘ miles. The Newington Tramway was formerly owned
jointly with the Hartford Street Railway, but 3*2 miles to Newington
W A Y —A trolley road..
ORGANIZATION, Et c .—Chartered in 1885-86. Purchased July 1, Center was purchased in 1897 by Central Railway & Electric and
1897, by Dagnon Improvement Co. of Cleveland, O., and motive power balance by Hartford Street Railroad. The two roads roads join at
changed from horse to electricity. Road was extended to Appleton Newington Church, and through cars are operated from New Britain
and Lake Winnebago. Stock (par $50), $25,000; 1st mortgage, (?). 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,
Owns 4 miles of track.
56, 60 and 67 lbs. Cars, 13 closed and 23 open.
E A R N IN G S — For years ending Sept. 30.
From pass. Sundries. Elec, light.
Total gross.
Net.
P opulation 1890 was 6,078; in 1880 was 3,931;
1896-97... $91,41*9
$ .......
$62,598
$154,017
$49,933
and in 1870 was 2,559.
1895-96... 84,412
1,677
56,726
142,815
46,343
NEGAUNEE & ISHPEMING STREET RAIL From net in 1896-97 paid taxes, $6,606; bond interest, $26,650. In
1895-96 taxes, $7,542; no interest on bonds paid.
WAY & El e c t r ic O r ganizatio n —Consolidation o f the Negaunee & Ishpeming Street
O f f i c e r s — President, A. M. Young, Waterbury; Secretary, C. 8.
Railroad Co., the Negaunee Electric Light Co. and the Ishpeming Elec Landers ; Treasurer, F. G. Platt, New Britain.—V. 65, p. 1054.
tric & Gas Co. Capital stock paid in, $142,000; no bonded debt. Un
funded debt in Aug., 1897, $17,000. Owns 4 miles of track. Presi
dent, S. S. Mitchell.
P opulation 1890 was 18,603; in 1880 was 17,166;
and in 1870 was 15,058.
NEENAH,
W IS .
N E G A U N E E , MICH.
NEW
NEW
A L B A N Y , IND.
P opulation 1890
and
was 21,059; in 1880 was 16,423;
was 15,396.
IN 1870
NEW ALBANY RAIL'WAY— trolley road.
A
B o n d h o l d e r s ’ C o m m i t t e e — Louis Hartman o f New Albany, Lafon
Allen and W. R. Belknap. Receiver is John MacLeod.
STOCK & B onds Date. Interest. Outstanding. Maturity.
Receiver’s certificates.................
M -N
$30,000
..........
New Albany Street Ry. 1st.. 1888 6 J - J
$150,000 July 1, 1913
Jan., ’95, coupon unpaid. Trustee, Louisville Tr. Co., Louisville, Ky.
N. Alb’y Ry. M. $500,000 g ... 1893 5 g J - J
$50,000
Jan. 1, 1913
In default. Trustee, Columbia Finance & Trust Co., Louisville, Ky.
R o a d — Operates 7 miles of track and road.—V. 64, p. 800.
H I G H L A N D R A I L R O A D . - A trolley road.
r g a n i z a t i o n —Incorporated in 1895. Succeeded on December 1,
1895, New Albany Highland RR., sold in foreclosure.
Stock $25,000. 1st mortgage, $75,000, incomes for 5 years, dated
1896, 5 per cent, J. & J., Issued $56,000, due January 1,1921.
R o a d — Two miles of track.
OFFICERS—President, Henry Terstegge; Vice-President, John H.
Shrader, jr.; Secretary and Treasurer, Frank H. Gohmann.
O
NEW
B E D F O R D , M ASS.
P opulation 1890
was 40,733; in 1880 was 26,845;
and in 1870 was 21,320.
DARTMOUTH & WESTPORT STREET RYAn electric road.
O r g a n i z a t i o n , E t c .— Stock, $150,000; 1st mort., $150,ooo, 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 1895, 5 p. c.; in 1896, 6*2 p. c.; for 1896-97, 8 p. c.;
in 1898, Jan., 2 p. c.; April, 2 p. c.; July, 2 p. c.
R o a d -Connects cities of Fall River and New Bedford. Owns 9*7
miles of track and operates in all 13 7 miles of main track.
EARNINGS—Year 1896-97, gross, $9?,376; net, $23,589; other income,
$4,548; interest, $4,500; taxes, etc., $9,584; dividends, $12,000;
balance, surp. for year, $2,052. Total surplus Sept. 30,1896, $17,352.
President, F. W. Brightman, Fall River, Mass.
UNION STREET R A I L W A Y —A trolley road.
O R G A N IZ A T IO N — Incorporated March 18, 1887. The population of
the city according to the company’s officials was estimated in Febru
ary, 1895, at from 55,000 to 60,000.
STOCK & B onds —
Date.
Interest. Outstand’g. Last div., etc
Stock,$450,000(par$100) .......
Q -F
$450,000 F e b .l.’98.2%
Consol. M. for $500,000,51894
5gJ-J
350,000; Jan. 2, 1914,
g., s. f., not subj. to call ( Int. at Old Colony Trust Co., Boston, trustee.'
79,705 ..................
Current liabilities Oct.’97 .........................
Bonds—Consols of 1894 for $100,000 weie sold to retire 1st mort. 5s
maturing July, 1898.
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 1898, Feb., 2 p. c.
The May, 1898, dividend was passed.
Road —On Sept. 30,1897, owned 19*2 miles of trolley road (measured
as single track), of which 3-4 miles is sidings, switches, etc.
L a t e st E arnings —Jan. 1 to July 31, 7 months, gross, $106,356 in
1898; $125,089 in 1897.
E a r n i n g s — For years ending Sept. 30.
1897.
1896. I
1897.
1896.
Gross earns.. .$220,626 $224,144 I Dividends paid. .$37,000 $28,000
Net................ 71,030
86,496 I Bal.,sur.,for year 2,914
27,960
Int.,taxes, etc. 31,116
30,535 I Total sur. Sep.30. 77,650
77,436
O fficers —President, H. H. Crapo; Vice-President, F. S. Stevens
Secretary and Treasurer, Arnold C. Gardner.—V. 63, p. 1061.
NEW
B R IT A IN , C O N N .
Population 1890
was 19,007; in 1880 was 13,979;
and in 1870 was 9,840.
CENTRAL RAILWAY & ELECTRIC—
r g a n i z a t i o n —Does both an electric light and street railway (trol
ley) business, being a consolidation of the New Britain Tramway and
O
B R U N S W I C K , N. J.
BRUNSWICK TRACTION CO.O r g a n i z a t i o n — Organized May 14, 1895, to purchase, equip w it h
electricity and to operate the New Brunswick City Railway. In Janu
ary, 1893, was said to have reached an agreement with N. Y. & Phila
delphia Traction by which each company will build extensions and
the two roads will form a continuous line from Perth Amboy to Tren
ton. Capital stock authorized and issued, $500,000.
On Dec. 31, 1897, unfunded debts, $272,666. The mortgage of
1896 is for $500,000 of 5 per cent gold $1,000 c* bonds due July 1,
1926; bonds cannot be called; interest J. & J. (January, 1898), $170,000, Fidelity Title & Deposit Co. of Newark, trustee.
R o a d — On Jan. 1, 1898, miles of track, 21*». In May, 1898, it was
proposed to build various extensions about Plainfield very shortly. In
July, 1898, extension from Bound Brook to Somerville was operated
and extension Bound Brook to Dunellen was expected to be operated
during August, connecting with Plainfield Street Railway and giving
Plainfield trolley connections with New Market, Lincoln, Bound
Brook, Finderne, Somerville, Raritan, New Brunswick, Franklin Park
and Metuchen.
E a r n i n g s — Year ending Dec. 31,1897, gross, $33,656; net, $11,949.
O fficers —President, Gottfried Krueger; Vice-President, Andrew
Radel; Sec’y and Treas., Edward H. Radel.—V. 62, p. 29.
NEW BRUNSWICK CITY RAILWAY—
O r g anization —Chartered in 1868. In May, 1895, control was sold
to the Brunswick Traction Company. Operates 7 miles of track.
STOCK & BONDS— Miles. Date. Interest. Outstand'g.
Maturity.
Stock. ....................................................... $100,000 f. p.
1st mortgage.................................
— A -O
25,000
(?)
Oth. debt Jan. 1, ’98.......................... ...........
201,939
E a r n i n g s — For year ending Dec. 31, 1897, gross, $23,99
deficit
under operating expenses, $4,950. In 1896, on 7 miles, gross, $23,74 5,
OFFICERS—President, Gottfried Krueger; Vice-President, Andrew
Radel; Secretary and Treasurer, Edward H. Radel.
N E W CASTLE, PA.
P opulation 1890
was 11,600; in 1880 was 8,418;
and in 1870 was 6,164.
NEW CASTLE TRACTION—A trolley road.
r g a n i z a t i o n — Incorporated Jan. 12,1897. A consolidation of the
New Castle Electric Street Ry. and New Castle & Mahoningto wn Street
Ry. Population in 1897 estimated by company’s officials at 26,000.
STOCK & Bonds — Date.
Interest. Outstanding.
Dividends
Stock, $500,000 ($50) ..........................
$500,000
1st M., $500,000, g. > 1897
5 g. M &N
300,000
May i" 1*927
*1,000........... c.* 5 Interest at Union Trust, Pittsburg, trustee.
Road —1 wns 181$ miles of track. Rails, 66-lb. to 80-lb. girder.
O
E a r n i n g s — Reconstruction completed in September, 1897. To Feb.
1897, was operated only part of the time. To June 30, 1897, gross
(from 214 days operation), $26,257; net, $13,257. From July 1 to Oct.
31,1897 (4 months), gross, $30,824; net, $17,702.
OFFICERS—President, R. R. Quay; Secretary and Treasurer, E. E.
Hamilton.
O
N E W H A V E N , CONN.
P opulation 1890
was 85,981; in 1880 was 62,882;
and in 1870 was 50,840.
FAIR HAVEN & WESTVILLE RR. trolley road
—A
O rganization —I ncorporated June 20, lt>60. Stock for $200,000 was
issued Jan. 2,1895, to pay for putting in trolley. In January, 189';
issued $300,000 additional stock (making total outstanding $900,000)^
for purchase of the New Haven & Centerville, whose bonds were as*
sumed.—V. 64, p. 134.
STOCK— .
Par. Dividends. Oiitstanding. Last div.
Stock auth. ($1,500,000). $25
J-J
$900,000
See text.
N.H. & Centerville IstM., ) -, Q O _
O
283,000
Sept. 1,1933
go.,assum’d by F.H.& W. ) is y 'i 5 gM -b
Dividends-In year ending Sept. 30,1896, paid two dividends of 4
per cent each; in 1896-97, 8 p. c.
ROAD—Owned Oet. 1,1897,19'9 miles of track and »10 miles of siding
Line extends from Fair Haven via Chapel St., New Haven, to Westville.
with branches to steamboat wharf, out East Chapel Street, to railroad
station, etc. Rails 50, 60,70 and 74 lbs. steel T- N ew H av. &No. Haven
Street Railway 2-2 miles additional. The New Haven & Centreville,
7% miles, was acquired in January, 1897. Total, 30-7 miles track.
Road —Owns road 3-9 miles in length, extending from Savin Rook 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.
W I N C H E S T E R AVENUE RAILROAD—
A
trolley road. ■
O rganization —The New Haven & West Haven RR. Co., has been
absorbed by consolidation
Control held by N ew England Street
Railway. In January, 1896, leased West Shore Railway for 99
years, guaranteeing interest and 5 per cent dividends.
„STOCK & BONDS.—
Par. Interest. Outstanding.
Last div. etc.
..........
$600,000
Notreported.
Stock, $1,000,000........ $25
.
C
5g. M . - N .
500,000
Nov. 1,1912
f
OFFICERS—President, Henry S. Parmelee; Vice-President, Samuel 1st M. gold 1892, c* <er < Interest at 1st Nat. Bank, N. Y., and in Boston
^
( at Safe Deposit & Trust Co.
Hemingway; Treasurer, Leverett Candee. Directors, H. S. Parmelee, D Soe? ^ re8’ ?old s- 1 1894 6S- M-S
$93,000
Mar. 1,1909
John B. Carrington, Samuel Hemingway, E. Hayes Trowbridge, Geo.
$3,500 yearly..........\ Subject to call at 102 after March 1,1899.
Interest at Boston Safe Deposit & Trust Co.
D. Watrous, James S. Hemingway, Wilbur F. Day, Samuel E. Merwiu,
all of New Haven.—V. 64, p. 134.
STOCK—In May, 1897, the Legislature authorized an increase of
capital stock from $600,000 to $1,000,000 and extension of the tracks.
MANUFACTURER’S STREET RAILWAY.— Bonds—The bonds are joint obligations of the Winchester Avenue
ORGANIZATION—Organized in May, 1896. Owns road l 1 miles in RR. Co. and the New Haven & West Haven and cover all property
^
length, used for freight purposes, running from a freight depot to a owned or to be hereafter acquired under the charters.
manufacturing section, part of the way on private land and part on
ROAD—In October, 1897, was operating about 22’09 miles of track, of
the streets. Power is obtained from Fair Haven line. Company owns which 19-01 owned. Its lines extend to Union Depot, Savin Rock, City
one electric locomotive. Capital stock, $20,000; no bonds, President’ Point, Evergreen Cemetery out Congress Ave. to Boulevard; also
George S. Bauman.
Crosstown line to Read Street. Leases West Shore Ry.—which see.
A n n u a l R eport —Fiscal year ends Sept. 30. In 1896-97 gross,
NEW ENGLAND STREET RAILWAY.
$248,320; net, $114,786; taxes, $12,484; interest, $32,124; divi
ORGANIZATION—Incorporated in February, 1893, under the laws of dends, $70,000; balance, surplus for year, $178. In 1895-96 gross,
New Jersey, to control street railways in the New England States. In $251,314; net, $98,896.
Nov., 1894, controlled a large majority of the stock of the Winchester
GENERAL BALANCE SHEET SEPT. 30, 1897.
Av. RR. Co. of New Haven, Conn., and also controlled the Plymouth
A ftftp.f.ft.
Liabilities.
& Kingston Ry. Co. of Plymouth, Mass. See V. 63, p. 229.
Construction.........$658,667
Stock........................... $600,000
235,026 Bonds.........................
Equipment.................
593,000
STOCK.—
Par. Dividend. Outstanding.
Last Div.
313,535 Bills payable..............
56,200
j $25 text Q .-J. $1,081,925 July, 15/98,%% Stock rights, etc....... ..
34,916 Accounts payable.......
1,382
Cap. st’k $5,000,000 1Dividends: In 1 8 9 5 , p. c.; in ’96, 4% p. c.; in Miscellaneous..............
Cash
12,933 Interest accrued..........
11,382
authorized.............( ’97,Jan.,lp.c.; Apl.,lp.c.; J’ly,3
4P.c.;Oc.^p.c.
Profit and loss
6,886
J in ’98, A p l , % p. o.
L a t e s t E a r n in g s — From Jan. 1 to March 31, 3 months, gross, $48,$1,261,964
$1,261,964
116 in 1897; $48,777 in 1896. For year ending Dec. 31, 1896, gross
OFFICERS—President, W. F. Ford; Vice-President, J. Graham; Secre
(of Winchester Ave. and Plymouth & Kingston), $277,928; in 1895, tary, Treasurer and General Manager, I. A. Kelsey.—V. 62, p. 86.
$262,417; in 1894, $237,190.
O fficers - President, E. E. Floyd; Vice-President, A. R. Mitchell, Bos
ton, Mass.; Treas.. Israel A. Kelsey, West Haven, Conn.—V. 63, p. 229.
E arninq s —The following earnings include earnings of New H. &
Centerville since Jan. 1,1897, see that company. For years ending
Oct. 1 earnings, etc., were:
Year to Oct. 1— 1897.
1896.
1897.
1896.
G ro ss ............. $304,048 $275,632 Taxes............... $10,800 $10,782
5,647
5,391 Dividends....... 21,237
Other..............
48,000
Interest.......... 60,000
6,750
N e t.............. $101,883 $75,730 Bal. sur. for yr.
9,846
10,198
NEW
NEW HAVEN STREET R Y — tro
A lley ro d
a .
ORGANIZATION—Has perpetual charter from State of Connecticut.
It has absorbed the State Street Horse RR., the New Haven & Morris
Cove Railway, the Lake Saltonstall RR. and the Edgewood Street
RR. and Edgewood Avenue Electric comnanles. It has also taken a
99-year lease of the Whitney Avenue Railway Co. As to charter see
editorial article in May, 1895, Su p p l e m e n t . Stockholders were to vote
•on Aug. 15,1898, to purchase the East Haven Elec. RR., to be paid for
•by an issue of bonds to the extent of $150,000 or $200,000. V. 67, p. 320.
P O P U L A T IO N
LONDON, CONN.
I 890
and
W AS
IN
13,757; I N 1880
1870 W A S 9,576.
W AS
10,537;
NEW LONDON STREET RY— tro
A
lley ro d
a .
O rganization—Incorporated in 1886, and has perpetual franchise.
STOCK & BONDS—
Miles. Date. Int.
Outstand’g. Last div..etc
$100.1................... ( ..............
J_J
$247,500
July’98(21
a)
1st M., $156,000, gold. 7-18 1893 5 gA -O
110,000
Oct. 1, 1923
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
STOCK & Bonds —
Date. Interest. Outstand’g. Last dividend.
at not exceeding 75 per cent of its cost.
Stock ($1,250,000) $100........... See text. $1,000,000 Julyl8,:96,2
’
Dividends July, 1894, 2 ^ p. o.; in 1895, 6 p. 0.; in 1896, 7 p. 0.; in
1st mort., gold ($600,000).. >1893 5 g .M - S 600,000
Sept. 1,1913
1897, 7 p. 0.; in 1898, Jan., 21 p. 0.; July, 2 ^ p. 0.
g
$500 and $1,000.............) Int. at trustee,Am. L. & Tr. Co., Boston
1st puroh’e M.$250,000g..o.) 1894 5
J-D
250,000 June 1,1914
R oad —O n7-18 m s o ro d (s g tra k la 48-lb. T ra .
ws
ile f a
in le
c ) id w
ith ils
$1,000not subj. to call... 5 Int. attrustee, Am. L. & Tr. Co.. Boston
L a test Earnings —6 months, \ 1898___ Gross, $21,104; net, $4,049
New M., $100,000............... 1898
5
(?)
....
Jan. 1 to June 30.
5 1897___ Gross, 19,871; net, 3,734
2d Mortgage........... ......... 1898 ..........
(?)
.'.*11...........
Whitney Av.RR. bonds, gu.........
7,500
1
........ ANNUAL Report—For years ending Sept. 30 earnings have been:
On Sep.30,’97,bills payable
...................
27,500
11
1 111” " ! " !
1897.
1896. I
1897.
1896.
$16,398
Bonds—The bonds of 1894 are limited to $250,000, and are secured Gross earnings..$53,822 $52,661 |Bal. for divs....$13,061
Net earnings---- 21,452
22,648 I Dividends...7% 17,325 7%12,800
by a first mortgage lien on the street railway trackage of the Edgewood
Interest paid—
5,500
5,500 Balance....... def.4,264 sur. 3,598
Street Railroad Co., and as a second mortgage lien on all the mileage and Taxes, etc.......... 2,891
750 I Tot. sur_______ 16,789
27,052
property of the New Haven Street Railway Company. The American
O fficers—P resident and Secretary, Walter Learned, New London;
Loan & Trust Company of Boston is trustee of both mortgages.
Treasurer, Wm. A. Tucker, Boston, Mass.; Superintendent and Pur
D iv id e n d s — In fiscal year 1894-5 paid 2 ^ p. c.; in 1895-96, 2 ^ p. c.; chasing Agent, L. Bentley. V. 61, p. 611: V. 62, p. 684.
in 1896-97, 2*2 p. c.; in 1897-98,
p. c.
E a r n in g s — For years ending Sept. 30 earnings have been:
1897.
1896.
1897.
1896.
Gross earns.. $210,119 $219,490 Taxes.............. $10,185
$9,325
P o p u l a t i o n 1890 w a s 242,039; i n 1880 w a s 216,090;
Net earnings.
81,438
89,696 Dividend......... 25,000
25,000
Int. on bonds
44,271
42,500 Oper, surplus..
a n d i n 1870 w a s 191,418.
1,982
12,871
R o a d .— In July, 1898, was operating 31 miles of track in the city of
A L G I E R S G O U L D S B O R O& GRETNA
A n a a .
New Haven and suburbs; trackage 2 ^ miles (Whitney Ave. Ry.) are RAILWAY— n a im l ro d
R o a d — Said to operate 3-75 miles of track.
Capital stock, $25,000;
held under a ninety-nine year leasehold; total tracks, 34. The
•company's lines radiate from the business centre of New Haven (“ The bonds, $25,000. President, Treasurer and Supt., A. M. Halliday.
Green’’) to East Rock Park, Fort Hale Park, the old Government Light
CANAL & CLAIBORNE RR.— tro
A
lley ro d
a .
house and the Point, and the adjacent bathing beach, Lake Whitney
O r g a n iz a t io n — Organized in 1888. Franchise (extended in 1896)
and Lake Saltonstall, the suburban villages of Morris Cove, Whit
neyyille, East Haven, Centreville and Westville. Lines to Mt. Carmel' expires in 1962. Electrical reconstruction entirely completed about
Feb., 1898. V. 66, p 520.
•etc., about 6 miles, and to Cosey Beaoh and Mansfield’s Grove, pleas
Date. Interest. Outstand’g.
S t o c k & B o nd s—
Last div., etc.
ure resorts, opened in May, 1898.
Capital stock author’d,
. . . . See text. $240,000 f.p.
July, ’98, 4%
OFFICERS—President, David Corey; Vice-President, C. A.Warren;
$240,000, par $100..
1st mortgage, subject
Secretary, Treasurer and General Manager, G. A. W. Dodge.
1892 6 M -N
141,000
1912
to call after 5 years.
D i r e c t o r s — T. S. Krutz, New York; T. M. Waller, New London;
Consol. M., gold, $800,- \ 1896 6g. M -N
650,000
May 1,1946
•Conn.; S. Harrison Wagner, David Corey, W. J. Atwater, Eli Whitney,'
000 ($500 & $1,000) £Interest at New Orleans office.
Jr., G. A. W. Dodge, J. J. Lawton, Charles A. Warren.—V. 67, p. 320.
The consols were authorized for new construction, change of motive
power, etc., and $150,000 are reserved to retire the old firsts of 1912.
NEW HAVEN & CENTREVILLE STREET
Dividends—Dividends of 5 per cent per annum have been paid, but
R Y . —Acquired in 1897 by Fair Haven & Westville RR.
jn 1897 paid 8 p. 0.; in 1898, Jan., 4 p. c. In July, 1898, a 4 per cent
dividend was declared, payable on demand
"WEST SHORE RAILWAY— tro
A
lley ro d
a .
R o a d — The authorized mileage is 60 miles, of which 16 miles were
O r g a n i z a t i o n — Commenced operating July 1,1894. From January
completed to November, 1897.
1897, road was leased for 99 years to Winchester Avenue Railroad,
O FFICERS— President, Jos. H. DeGrange; Sec. and Treas., B. J. DeInterest and dividends at 5 per cent per annum being guaranteed.
Grange. Managers, Ford, Bacon & Davis. Directors—Charles N ew
S T O C K & B o n d s — Miles. Date. Interest. Outstanding. Maturity
man, Harris Hyman, of Hyman, Hiller & Co., J. K. Stroudback, I. S.
Stock, $200,000 ($25)..................
5
$80,000 f.p. 5% div. guar
1st M., $30,000, gold, l 3-9 1894 5 J-J
30,000
July 1, 1914
West, L. Fabacher, Joseph H. De Grange and C. H; C. Brown. V. 66,
subject to call....... 5Interest at Merchants’ Nat. Bank, New Haven.
p. 520.
N E W O R LEANS, LA.
STEEET
57
EAILWAYS.
N E W
O R L E A N S T R A C T IO N -(L IM IT E D .)
REORGANIZATION—Organized in Nov., 1892, to control street railways
in New Orleans.
In May, 1898, interest on tlie collateral trust notes went to default
and reorganization was proposed. Y. 66, 857. A majority of the oapi.
tal stock has been deposited with Fidelity Trust Co. of Louisville, in
accordance with agreement of stockholders’ committee, consisting of
G. W. Norton St. John Boyle and J ohn Russell. V. 66, p. 617. (See
also annual report, Y. 66, p. 381.) In July, 1898, it was suggested
that the stock raise the necessary cash to pay the company’s
floating debt, the bondholders to accept one per cent reduction of in
terest for five years; but payment of the July coupons on Crescent
City & New Orleans City & Lake bonds deferred reorganization.—V.
67, p. 29,126.
STOCK & B onds —
Date. Interest. Authorized. Maturity, etc.
Common stock............................ ' ......... - •
$5,000,000
.............
Preferred stock........................... .........2,500,000
. . . ...... .
Collateral trust notes, $1,-) 1894 6g. M -N
1,500,000 May 1,1904
500,000, gold................ ) May, 1898, coupon not paid.
Power-house lstmort.,gold 1897 6g. J -D
150,000 June 1,1917
.............
Assumedmortgage debts...........................
109,000
Bills payable Dec. 31,’97..........................
232,800
.............
The collateral trust notes are secured in part by deposit of 13,371
shares (par $100) stock of the N. O. City & Lake, 16,217 shares (par
$100) of the Crescent City.
L a t e s t E a r n in g s —4months) 1897-8 Gross,$332,375; net, $141,705
Dec? 1 to Mar. 31.
S 1896-7.Gross, 317,687; net, 111,366
A n n u a l R e p o r t — Fiscal year ends Nov. 30. Report for 1896-97
was in Y. 66, p. 381. Earnings of all companies operated and con
trolled for year 1896-97 were: Gross, $1,239,256; net, $391,424 ; in
terest, sinking fund, taxes, etc., $401,051; balance, deficit, $9,627;
dividend (to minority stockholders), $71,114; total deficit to N.
O. Traction, $80,741.
In 1895-96 gross, $1,334,276; net, $585,728;
surplus to N. O. Traction over charges and minority dividends, $68,
448. In 1894-95, gross, $1,327,756; net, $575,598.
ROAD—In February, 1897, was operating 115 miles of track.
OFFICERS—President, R. M. Walmsley (Jan., 1898); Secretary and
Treasurer, A. H. Ford, New Orleans.. Directors: A lb ert’Baldwin,
R. M. Walmsley, Frank T. Howard, C. H. Hyams, C. D. Wyman and
J. C. Denis, all of New Orleans, and G. W. Norton, Louisville, Ky. (re.
signed in March, 1898).—V. 66, p. 617, 857; V. 67, p. 29,126.
ST.
CHARLES S T R E E T - A trolley road.
O rganization —Organized in 1866. Franchise said to expire in 1906 ■
Interest. Outstand’g. Last div.,etc*
S tock & B onds —
Date.
text, Q - J $1,000,000 July20,’98,1*4
Capital stock, $50................
75,000Junel’97-1901
6 J -D
IstM . $15,000 pd. y’ly
1881
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. o.; in 1898. Jan., 1*2 p. o.; Apr., 1
P
July, 1*4 P- o.
ROAD— Said to operate 12 miles of track.
OFFICERS—President, A McLellan; Sec. and Treas., N. Riviere.
N E W Y O R K C IT Y , N. Y .
P
o p u l a t io n
in
1890
w as
A N D IN
1,515,501; i n 1880
1870 W A S 942,292.
MANHATTAN R Y - See I n v e s t o r s ’
w as
Su
1,206,299
pple m e n t
M E T R O P O L I T A N T R A C T I O N —See
e t R a i l w a y below and V. 65, p. 620.
M
.
e t r o p o l it a n
St r e
METROPOLITAN
S T R E E T RAILWAY—
Cable, underground trolley, horse.
O r g a n iz a t io n — Chartered 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. The Metropolitan Traction Company, which during the
growth of the system owned all the capital stock of the Street Rail
way was wound up in October, 1897, and its $30,000,000 stock ex
changed dollar for dollar for the stock of the Metropolitan Street Rail
way Co., a distribution of 20 per cent ($6,000,000) in debenture certifi
cates being made to stockholders to represent assets transferred to the
Street Railway Company—(see V. 65, p. 621.) A n agreement with
Third Ave. RR. as to Kingsbridge road and Amsterdam Ave., etc., was
reached in November, 1897.- V. 65, p. 977.
The Metropolitan Street Ry. bas absorbed by consolidation the
following companies, embracing the “ lines owned.”
I n 1898—
H o u s t. W e s t S t. & P a v o n ia F e r r y .
C h a m b e rs St. & G r a n d S t. K e r r y .
B r o a d w a y R a ilw a y .
S o u th F e r r y R R .
I N 1894 A N D 1 8 9 5 M e t r o p o lit a n C ro s s to w n .
[ L e x in g t o n A v e . & P a v . F e r r y (C a b le ).
C o lu m b u s & « t h A v e . R R . (C a b le ).
'
In addition the companies shown in the table of mileage as “ leased
etc.,” have been acquired from time to time by lease or stock owner
ship. The latest acquisitions are: In July, 1896, 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 follow s: From 80 in 1893 to 131 in 1894,
to 140 in 1895, to 172 in 1896, to 230 in 1897.
The underground electric system is gradually replacing the old
horse car lines, and in July, 1898, about 37 per cent of the system was
operated by mechanical traction. About 53 miles of electric track
were completed early in 1898. The work on the Sixth Avenue line
and on the Eighth Avenue line below 59th Street was begun on July20, 1898, and the two lines were expected to be operated during Sep
tember. Y. 67, p. 178. In May, 1898, permission was asked from the
State RR. Commissioners to equip the Broadway, 7th, 9th, Columbus
( 2 ) N E W ORLEANS CITY & L A K E RAILR O AD .
and Lexington avenues cable roads with the underground electric
O R G A N IZ A T IO N —Organized on May 17,1883, and in 1893 leased to system; also the 1st Avenue horse railroad between 59th Street and
New Orleans Traction at 8 per cent on stock. Dividends are paid to the Harlem River, and on the remainder of the lines for which author
minority stockholders only. Reorganization of Traction Co. proposed. ity to change the motive power has not been given to use underground
S t o c k A B o nds—
Date. Interest.
Outstand’g.
Last div., etc.
oto ck <x DUNyt,
.......
8 j _j
$2,000,000 Jan.10,’98,4% electric system, electric storage batteries or compressed air motors.—
V. 66, p. 954, 1045; V. 67, p. 320; V. 63. p. 1063.
Capital stock ($100) - - - 1 p aid at office, 620 Canal St., New Orleans.
STOCK & B o n d s —
Date. Interest. Outstanding. Maturity
New Orleans City RR. 1879 6 J. - D.
399,900 Deo. 1,1903
2,599,500 Jan 1,1943
N. Orleans City & Lake. 1893 5 g. J.-J.
Stock »1 0 0 ,, » 15,000,000. . i s j # 5 5 ; g
1st M. for $5,000,000 Sub. tocallioTB.t. on and aft. July 1,’98, at 110.
y . Security & Trust Co., N. Y. City.
gold, $500 & c.,c*.... Interest payable by J.& W. Seligman & Co.,N .Y. Metropol. Crosst. 1st M. j Int_ at
2d mortgage. . . . . . . . . . . . . 1890 May.
300,000 May, 1901
Mortgage of 1803 (trustee, Columbia Finance & Trust Co., Louisville,
Lex Av & PrFerry 1st M., < 1893 5g M-S
5,000,000 Sep.1,1993
Ky.,) is for $$5,000,000, of which sufficient is reserved to retire the 1st
void
_ „ . . . . . . . . . . . c*&rUnterest at Nat. Union Bank, New York.
6s of 1879, and balance unissued maybe sold for extensions at $30,000 Columbus & 9th Ave. (
1893
5g. M-S
3,000,000 Sem 1,1993
1st mort., gold, c&r. \ Trustee is Guaranty Trust Co., N. Y. City.
per mile of completed road. Sinking fund after July 1,1898, is to be
$30,000 yearly, the bonds being subject to call at 110.
Gr C
X S . Silt5 0 0 y;-) 1897 5g. F -A
12,500,000 Feb. 1,1997
R o a d *— Operates 65 miles of electric road.
000 s. ($1000. &c.).c*&r s Int. at NatL Union Bank, N. Y.
Debent, certificates, gold;) 1897 5g. A -O $6,000,000 Oct. 15,1902
Earnings, eto., are in New Orleans Traction statement V. 66, p. 381
first interest due April > Exchangeable, dollar for dollar, for new
•
15, 1899....... ............... j stock authorized in July, 1898.
NEW ORLEANS & CARROLLTON RR.Lessor Companies—
„„„
Last div.,etc. Broadway & 7th Ave. consol.1893 5g. J-D 7,650,000 Dec. 1,1943
S tock & B onds —
Date. Interest. Outstand’g.
1904-1924
Do underlying bonds......’83, &c., 5 p. 0. 4,850,000
2%
Capital stock, $100.............. text Q-J $ 1 ,200,000 July 20,’98,11
1909
1902 23d St. I s t M . ....................... 1893 6 J -J
250,000 Jan.,
90.000
6F- A
1st mortgage............... 1882
1906
Do debentures...................1886 5 J -J
150,000 Jan., 1906
95.000
6F- A
Do
do
.....
1882
Jan. 1,1900
BleeckerSt.&FultonF.lstM.1876 7 J -J
700,000
2d mortgage, gold......... 1893
6F - A
350,000
5 1906
1,200,000 Deo., 1902
8 s
Interest at Hibernia Nat. Bank, N. O. | ^907 Central Pk. No. & E.R. lstM.1872 7 J-D
42d St. & Grand St. Fer. lstM.1894 6 J -J
236,000 Jan. 1,1909
1,600,000 Nov., 1909
Notes for $250,000 issued in 1897 for floating debt and extensions. 2d Ave. 1st mortgage.................. 5 M -N
2d Ave. debentures.1.................. 5 J-J
.
300,000 Jan., 1909
Dividends in 1894,1895, 1896 and 3,897, 6 per cent per annum; in 2d Ave. real estate mortgage.....................
60,000
2d Ave. 1st consol, mort........ 1898 5g. F -A
3,000,000 F e b .ij 1948
^898, Jan., Ha p.o.; Apr., 1*2 p. 0.; July, l ^ p . c.
STOCK— As to increase of authorized capital stock in July, 1898, to
EARNINGS —Calendar year 1897, gross, $382,106; net, $177,690. In
$45,000,000, see General Finances below.
1896, gross, $431,414; net, $169,517.
D i v i d e n d s —The dividends paid have been as follows, those prior to
Road —Operates l e ^ miles of trolley track on SH miles of street.
OFFICERS—President (Jan., 1898), J. K. Newman; Secretary and 1898 having been paid on the Metropolitan Traction Stock, which was
Treas., W. V. Crouch; Managers, Ford, Bacon & Davis.—V. 66, p. 520. 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.
O R L E A N S R A I L R O A D —A trolley road.
Percent. 5 4
3
None.
5
5
5
5
5
O r g a n iz a t io n — Chartered July 1,1887.
In October, 1897, a distribution of 20 per cent in debenture certifi
S t o c k A B o nds—
Date. Interest. Outstand’g. Last div. etc.
Stock, $500^000, par $50............................ $185,000 June,’94,1 W o cates was made to Traction stockholders. (V. 65, p. 620.)
5 .... 6 M -N
18,000 Apr. 30, 1912
BONDS—The Lexington Avenue < Pavonia Ferry j s and Colum
£
Bonas...............................) $1,000 subject to call May 1 yearly at par.
bus < Ninth Avenue 5 s were fully described in V. 60, p. 1146. Both
&
Mort., $300,000, gold, c....... 1895 6 J-J
300.000
1912
were guaranteed and later assumed by the Met. Street Ry. Co.
Second mortgage, gold, c...... 1897 6 J-J
100,000
1912
The general coll, trust mortgage of 1897 is secured by deposit of the
Dividends—June, 1894,1^ per cent; December, 1894, none.
stocks (par value) of the Broadway & 7th Ave., $1,400,000; 42d Street
Road —Operates 9 ^ miles of road on 9 *2 miles of street.
O FFICERS— President, Emilien Perrin; Vice-President A . C . Wuer- & Grand Street Ferry RR., $400,000; Central Park N. & E. River RR.,
$300,000; 34th Street Crosstown Ry., $990,000; also all property of
fel; Secretary and Treasuier, R. W. McMurdo.
( 1 ) CRESCENT CITY R A ILR O AD .
O r g a n iz a t io n — Organized in 1866. In 1893 leased to New Orleans
Traction for 50 years at 6 per cent on stock,interest all charges, etc.
Dividends are paid to minority stockholders only. Reorganization of
system was pending in May, 1898.
S tock & Bonds —
Date. Interest.
Outstand’g.
Last div., etc.
Capital stock ($100)... ....... 6 J.-J.
$2,000,000 Jan. 10,’98,3%
50,000
1897-99
1st mortgage............. 1883 6 M. - N.
r,
i TvrJLff i Knnn C1893 5 g. J.-J.
3,000,000 July 1, 1943
«’* 11nterest payable by J. & W. Seligman & Co.,N.Y.
000, $500 &c. gold, c £ guj), to call for s.f. on and aft. July 1, ’98, at 110.
Consol M. of 1893 is for $5,000,000 (trustee Fidelity Trust & Safety
Vault Co. of Louisville); bonds, in addition to those now outstanding,
may be issued for extensions at $30,000 per mile of completed track.
Sinking fund $30,000 yearly from July 1,1898.
Ro a d .—Operates 50 miles of trolley road in New Orleans.
H. W. St. & P. Y. 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 ap
plication to N. Y. Stock Exchange in V. 65, p. 826.
S tock & B onds —
Ear.
Interest. Outstanding. Last dtv.,(6e.
Stock............................ 100 10 Q.—.
$ 2 .100,000 July,’98,2^%
Is Mortgage of 1883..".’.*.1,000
5 J. - D.
1.500.000 June,
1904
2d Mortgage of 1884....1,000
5 J. - J.
500.000 July,
1914
B way Surface 1st guar..1,000
5J. - J.
1.500.000 July,
1924
do 2d M. int. as rent..1,000
5J. - J.
1 , 000,000 July,
1905
So. Ferry 1st guar.........1,000
5 A. - O.
350.000 Apr. 1,1919
By.& 7th Av. Con. M .o f} 1,000
5 g. J.-D.
7.650.000 Deo. 1,1943
> Q fAl» C 1 O C
O
D
AA AAA _ _
> _
_ i
93 for $12,500,000.. s Interest at Guaranty Trust Co. of New York.
Of the consol, mort. 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 Broadway Surface
1st mortgage bonds for $1,125,000 and payment of interest on the sec
ond mortgage bonds for $1,000,000, in part consideration for use of
tracks between 15th Street and the ferry. Under lease of South Ferry
road it also assumed that company’s bonds for $350,000.
ROAD— Owns in fee.
Miles.
Operates under contract. Miles.
59th St. & 7th Av. to Barclay
15th St. down B ’way to Bowl
St. and Broadway............ 4*22
ing Green (B'dway Surface) 2*51
51st St. and 7th Ave. to Park
Vesey St. to South Ferry....... 0*61
Place and Broadway......... 4*00 Second track.................. .
3*12
Second track........................ 8*22
.
„
Total track operated......... 22*68
INDEX—V. 58, p. 733. Office 761 Seventh Ave.
Road The system includes seven principal lines extending prac
tically the entire length of Manhattan Island, from the Harlem River
to or toward the Battery, with numerous branches and crosstown lines
Lines owned.
Miles.
Lines Leased, etc.—(Con.) Miles.
Gr. C’nt. St. to Chamb’s St. F ’y .3*36 42d St. & Grand St. Ferry . 8*66
Gr. St. F ’yto Chamb’rs St, F ’y .2*07 2d Avenue........................ 28*00
Vesey & Church St. to So. Fer.0-61 Sixth Avenue..................... 8*14
B ’way,15th St. to Bowl’g Gr’n.2'51 Eighth Avenue.................. 20*00
Gr. St. Fer. to 14th St. Fer.N. R.3-28 N. Y . & H. RR. City Line... 19*32
Lexington Avenue cable line.6-19
(Not included in Earns.)—
Columbus & Ninth Ave. cable.3-26 28th & 29th Sts................
4*85
Lenox Ave. undergr’d trolley.1'81 34th Street........................
1*74
B r a n c h e s .........................1-95
Fulton Street...................
2*00
Second track................ ...... 24’79 Central Crosstown...........
4*25
Christopher & 10th St.......
7*50
Total track owned........... 49 83
Lines Leased, etc.
Miles.
Total leased, etc.............171*59
Broadway & 7th A v ........... 16*44
Total owned and leased ..229*42
23d St. and leased line....... 17*84 C able................................ 23*04
Ninth Avenue.................... 15*26 Underground electricity.... 63*00
Central Park N. & E. River. 25*59 Horses (May, 1898), ab t....143*64
N ote .—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 Broad
way Surface assumed certain of its bonds.
( 3 ) C ENTRAL CROSSTOWN RR.—A horse road.
Investm ents —(See official list in V. 65, p. 826.)—The following is
O rganization - Chartered March 28, 1873. May 28, 1890, leased
the par value of the principal stocks and bonds of subsidiary street
railways, which in October, 1897, were the property of the company: the Christopher & Tenth St. RR. at 8 p. 0, on stook and interest on debtIn May, 1897, control was obtained in the interest of the Metropoli
c S t® ^
I
““ ‘••»»S o
tan St. Ry., which in October, 1897, was said to own over $400,000 o
42d St. & G r ’ d St. F e r.; s to c k .
4 0 0 > o N o rth & E a st R iv e r
.......... W
too
the stock.—V. 64, p. 1001,1042.
84th St. C ro s s t’n (a ll), s to ck .. 1,000,000 2d A v e . , s to c k (u n o ffic ia l) a b t l,2 io ;o o o
1 C en t. Cross.. s tk .(u n o ff.) over
400,000
§ ^ DS* ~
ParInterest. Outstand'g. Lastdivide
R eal Es t a t e —The real estate in New York City (see V. 65, p. 826), Stock ($600,000,.............. . 100 7 Q. - J. $600,000
(1)
250,000
Nov., 19 2 <
owned in fee, subject to the general mortgage & collateral trust 1st mortgage.................... 1,000 6 M. - N.
Dividends.—In fiscal year 1893-4 paid 7 p. c.; in 1894-5, 7 p. c.; in
deed of 1S97 (including $2,450,000 subject to the prior lien of the
1895-6, 8*2 p. c.; in 1896-7,10.
Lexington Avenue mortgage) was valued in October, 1897, at $3,681.
ROAD—Owned in fee.
Miles.
969; owned by subsidiary companies, $3,389.750; total, $12,071,719.
Operated under lease.
Miles.
23d St. and East River to H o
Christopher & 10th St. R R ......3%
G e ner al F in an c es .—I n July, 1897, $12,500,000 of general mort
boken Ferry.......................... 2
Second track.... ....................3%
gage and collateral trust bonds were sold, increasing the fixed charges Second track............................ 2
4
by $625,000 per annum, to provide for changes in motive power, etc Sidings.................................. 1 3
Total track....................... 11%
A n n u a l R eport —F or years ending June 30. (See V. 63, p. 268) :
The Second Avenue RR. was taken over under lease March 1, 1898
1897.
1896.
dividends of 8 p. c. (after March 1, 1901, 9 p. c.) being guaranteed.’ Yr. to June 30.
1897.
1896.
Gross earnings.$569,718 $559,998 T a x e s * rent.. $91,143 $88,366
In 1898, the Second Ave. Company made a mortgage for $7,000,000.
N et.................. 159,296 161,261 Interest........
15,000
15,000
In Aug.. 1893, $15,000,000 additional stock was authorized (making Other income...
4,556
5,032 Dividends......
60,000
51,000
$45,000,000), of which $10,000,000 will be allotted to stockholders at
( 4 ) CENTRAL P A R K NOR TH & EAST R IV E R .-H o rse road.
par in exchange for the $6,000,000 debenture certificates (which were
O r ganizatio n —Chartered July 19, I860. L ease —L eased to Metro
to draw interest after October 15, 1898), and to provide $4,000,000
for change of motive power, the remaining $5,000,000 to be reserved politanRy. Co. Oct. 14,1892, for length of charter and renewals thereof
at 8 per cent on stock tUl Oct. 1, 1897, thereafter 9 per cent (V55, p.
in the treasury—V. 66, p. 337, 900,1237; V. 67, p. 178, 320.
New Electric Lines.—The company on May 7, 1898, began using its 894). Metropolitan St. Ry. owned in Oct., 1897, $300,000 of the stock.
S tock & B onds —
Par. Interest. Outstanding. Last Div., etc
underground electric system on Eighth Avenue line from 59th to
Stock. (See rental below.).. 100 textQ.—J. 1,800,000 July, ’98.214%
155th Streets; in March, 1898, over the entire Fourth Avenue line and 1st mortgage..................... 1,000 7 J.—D.
1,200,000 Dec.. 1902
Coupons payable at Bank of New Amsterdam, New York City.
in April, 1898, over the greater portion of the Second Ave. line V 6 6,
p. 337, 520, 616.
'
ROAD— Lines Owned.
Miles.
Lines Leased.
Miles.
54th St. & 10th Ave, East
Various portions of road....
31$
LATEST E arning s —F or 12 months ending June 30:
and West to South Ferry..
913 Second track......................
313
12 months
Gross.
Net.
Oth. inc. Jnt taxes etc Uni
Second track......................
9*3
1897-8 .$10,255,418 $4,863,685 $463,354 83 486 382'$1
Weight of rail per yard...... 60 lbs.
Total operated..............
26
1896-7.... 8,888,805
4,’o78,’568
5i 5,803
JUSS,’! ! ! $},’
In July, 1898, extension was proposed from 59th Street to the
A n n u a l R eport —Full statement for year ending June 30, 1897
Boulevard and along the Boulevard to Columbus Avenue.
with balance sheet of Sept. 30, in Y. 65, p. 827, showing on 180 miles •
( 5 ) CHRISTOPHER & TE NTH STREETS RR.—A horse road.
Gross earnings........... $9,436,334 Taxes ...................... $545,176
Operating expenses......4,810,236 Interest.................
470 000
O rganization —Chartered A pril 25,1873. Leased to Central Cross
Do. Bdway & 7th Ave
62ö!oOO town May 1,1890, at 8 per cent on stock and interest on bonds.
Net earnings............... $4,626,098
Do. Lessor companies
169,660
Interest on investments
98,692 Rentals....................... 1,377,140
STOCK & B onds
Par.
Interest.
Outstand'g. Last div.,die.
l i l l , -¿-••¿•"4........ ,
„ 8 Q* - J$650,000 July,’98,2%
180,000 Oct., 1898
Total net income....... $4,724,790 Bal. for dividends.........$l,577r814 1st mort. 5s, 6s, 7s....... 1,000 5, etc.,A.-0.
Real estate M ........................
M.-N.
30,000
___...........
Dividend of 5 per cent yearly on $30,000,000 calls for $1,500 000.
The $180,000 lsts will be paid at maturity Oct. 1,1898. V. 67, p. 370
The interest ($98,692) on investments was paid into the treasury of
Christopher St. Ferry to 10th
Second track.................
3%
the Traction Company, but as the investments are now owned by th
St. Ferry,East River............. 2*4 Total owned................... '
71«
Street Bail way Co. tbq item is here added.
6
Chris.St.Fer.to 14th St. & 4th av. 1*4 —V. 67, p. 370.
The following shows the growth of the company’s system:
( 6) E IG H T H A V E N U E RR.—A horse and underground trolley road
A L L L IN E S C O N T R O L L E D .
I L I N E S I N C L T T D R n T ic v a p v q
in
,, .
m m m
* »».
1895-96...
172 145,965,251 28,450,98611691-92.. .
61
45;239;e70
OFFICERS— President, H. H. Vreeland; Vice-President D B Has
brouck; Secretary, C. E. Warren; Treasurer, H. S. Beattie; Purchasing
Agent, A. C. Tully. Office, 621 Broadway, N. Y. Directors (Deo 1897)
- 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 Hans S. Beattie.—V. 67, p. 126,178, 320.
Companies controlled by M etropolitan Street R y.
( 1 ) B LEE CK E R STREET & F U LT O N FE R R Y R R .- A horse road.
O rganization —Chartered Dec. 12,1864. Leased to 23d st. Ry. Co.
Jan. 10,1876 for 99 years ; lease assigned to Met. St. Ry., rental 7 per
cent on $700,000 bonds and 1*2 per cent per annum on stock.
Stock C K & B ° NDS~ Pinh
¿ E f t "* '
Maturity, etc.
m ortgage.V.'.;:::i,000
7 ^ J .-j :
*700,000
Jam.?,*1900
’
ROAD.—23d St., N. R., tQ Fulton Ferry,
miles; 23d St., N. R.,to
Union Square, 1% miles; second track, 6% miles. Total line, 121* miles
1st
( 2 ) B R O A D W A Y & SEVENTH A V E N U E - A horse and cable road.
O r ganizatio n —Chartered May 26, 1864. Leased May 13, 1890
for unexpired term of charter and for any extensions of the same’
co Houston West St. & Pavonia Ferry, now Metropolitan St. Ry. Co
R e n t a l 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.
O rganization -Chartered Jan. 10,1858. Road is leased to Metro.
politan 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 divi
dends on stook and $5,000 additional. V. 62, p. 40. Underground
electric traction system used on portion above 59th Street since M ay
7,1898, and in July, 1898, work on lower portion was resumed.—
V. 67, p. 178.
STOCK & B onds .— Par.
Interest.
Outstand'g Last div.,die
Stock......................... 100
Quar.
$1,000,000
See text.
Sorip.......................... 100
6 F. * A.
1,000,000
Feb., 1914
ROAD— On 8th Ave.
Miles. I Second track.............. .
10
Vesey St. to Harlem River...... 10 |Weight of rail..................... 60 lbs.
IN D E X — V. 59, p. 780; V. 61, p. 364, 871, 925, 967; V. 62, p. 40.
( 7 ) FORTY-SECOND ST. & G R AN D ST. FE R R Y—Ahorse railroad.
O r ganizatio n —Chartered February 16,1863. Leased to Metropoli
tan 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.
STOCK& B onds — F ar.
Interest.
Outstanding. Last div.. die
Stock..................... 100 18 Q.—F.
$748,000
Feb.,'98,4hi%
1st M. extended.... 1,000
6 J .-J .
236,000
Jan. 1,1909
R oad —Company owns 42dSt., North River to Grand St. Ferry, East
River, 4*33 miles; second track, 4*33; total owned, 8*66.
( 8 ) FULTON STREET R A ILR O A D —A horse road.
O rg anizatio n . -Chartered Oct. 29,1893, to succeed to the property
of the North & East River RR.. sold in foreclosure Oct. 10. The stook is
all controlled by the Metropolitan St. Ry.
STKEET
Outstanding. Maturity.
Date. Interest.
S to ck & Bo nds —
........................
$500,000
................
Stock, $500,000..........
1895 4g. M-N
500,000 Nov. 1,1995
1st M.,g.,($1,000), guar,
p. ana i. Met. St.Ry.c* Trustee, Guaranty Trust Co. of New York.
Road —The road constructed consists of 2 miles of track extending
from Pulton Ferry along Pulton Street to West Street to Cortlandt
Street Ferry and to Barclay Street Ferry. In d e x .—V. 62, p. 277.
( 9 ) N E W YO RK & H A R LE M RR.—Underground electric railroad.
O r ganization —'C
hartered 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 I n v e s t o r s ’ S u p p l e m e n t .
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 H all to 135th Street, and to be extended two
blocks to Post Office when authorities allow the street to be opened.
Hites.
R o a d — (Street Ry. only). Miles.
Second track........................ 9"66
4th & Madison Ave. line, Post
Office to Mott Haven......... 8-63 i
„
Branches.............................. 1-03 1 Total track...................... 19-32
OFFICERS— President,Cornelius Vanderbilt; Vice-President, Charles
C. Clarke; Secretary and Treasurer, Edward V. W. Rossiter; Superin t endent, Alfred Skltt.—V. 62, p. 949,990.1088.
(10)
In Dec., 1897, only $500,000 bonds were outstanding, the balance
reserved to introduce mechanical power when deemed advisable.
RoAD_ j une 30,1897, main track and branches, 2% m iles; total in.
eluding sidings, etc., 5-68 miles.—V. 63, p. 602, 661, 839.
EARNINGS— For year ending June 30,1897, gross, $44,380.
(15) TW E NTY-TH IR D STREET R A IL W A Y —A horse railroad. The
underground electric traction system is to be introduced.—V. 64, p. 953
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.
STOCK & B onds .— Par.
Interest.
Outstand’g. Last div., <tc.
Feb.,1898, 4 1
«
Q.-F.
$600,000
Stock........................ 100 18
1stM.,$250.000,ext. ^ 1 000
Jan. 1,1909
J.-J.
250,000
in 1893............... $
6
Jan., 1906
J.-Jt
150,000
Debentures.................1,000
5
_
Miles.
Lines leased.
ROAD—Lines owned.
Miles.
23d St. North to East River... 1-58 Bleecker St.& Fulton Ferry RR.
23d St. to Fulton Ferry, etc. 14^
Branch to 34th St. Ferry........0-20
Second track..........................1"92
Total track operated...... 17*84
Weight of rails................... 47 lbs.
N IN T H A V E N U E R A IL R O A D —A horse railroad.
O r g a n i z a t i o n — Chartered July 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 equal to 6 per cent on
oapital stock ($800,000), and thereafter $64,000—8 per cent on same.
Stock, $800,000; par $100; dividends, Q.—J. Road—Fulton Street to
125th Street, 8 miles; second track, 7-26 miles. Number of cars, 98.
(11)
SECOND A V E N U E RR.—Mostly underground electric.
O r g a n i z a t i o n .— Chartered Jan. 1 , 1853. Leased for length of char
ter to the Metropolitan Street Ry. at 8 p. c. on the stock for three years
from March 1, 1898, and 9 p. o. thereafter.—V. 66, p. 185. Motive
power changed to underground electric system in April, 1898, as far
a s Stuyvesant Square, cars running thence over 4th Avenue line to
City Hall.
Outstand'g. Dividend,Ac.
Interest.
S ecurities .—
Par.
$1,862,000
See text.
Stock............................
100 8 Q .-M .
1,600,000 Nov., 1909
& N.
1st mortgage................ 1,000
300,000 Jan., 1909
•& J.
Debentures.................. 1,000
60,000 ................
Mort. on real estate.................
3,000,000 Feb.1,1948
1st con. M.,g. ,$7.000,000) 1,000 5 g. F. & A.
guar., p. 2 i. end. ...e* £Guaranty Trust Co., Trustee.
c
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.
Miles,
Road —
Miles.
Second track......................... 13*3
2d A v., Harlem Riv. to.Peck Slip. 8
Sidings.................................. 1
Branch to 92d St. Ferry........... 2
........... 28
Branch to 59th St. and 1st A v.-S ’s Total track owned
Weight of rails, per yard....60 lbs.
A n n u a l R e p o r t — For years ending June 30:
1897.
1896.
1896.
Yr. to June 30. 1897.
Gross earns.. $7f 0,023 $893,189 Int. on bonds.. $98,000 $98,001
22,990
211,685 Taxes, etc...... 22,000
N e t .............
93,617
2,500 Bal.for.divs...df.22,190 sr.93,194
Other income
4,193
, Dividends...(¿^ieO,510 (5)93,100
Tot. income $97,810 $214,185
General balance sheet of lune 30,1897, was given in V. 65, p. 276.
showing loans and bills payable, $215,000.
OFFICERS— President (elected May, 1897), Pierre Jay; Vice-President,
T. J. Regan; Secretary and Treasurer, Oren Root, Jr.
IN D E X — v . 63, p. 268, 881; V. 64, p. 235,472,664, 955; V. 65, p. 276;
V. 66, p. 616, 900.
(12)
59
RAILWAYS.
SIX TH A V E N U E R A ILR O A D —A horse railroad.
T H IR D
A V E N U E
R A I L R O A D —A cable railroad.
O r g a n i z a t i o n — Chartered Oct. 8.1853.
A cable road since Deo. 5,
1893. In Nov., 1895, purchased control of the 42d Street Manhattanville & St. Nicholas Ave. line. See V. 61, p. 872, 926. Control of Dry
D ock E. B. & B. was obtained Aug. 23,1897. (V. 65, p. 194). In Janu
ary, 1898. a majority of the stock of Union Ry., N. Y., was pur
chased.—V. 66, p. 135.
Franchises for extension on Kingsbridge Road were obtained by
Third Avenue RR. people, and in Jan., 1898, the Kingsbridge Ry. was
incorporated with capital $1,000,000 to build 835 miles, and, in July,
1898, permission was obtained from the State RR. Commissioners to
construct the road, the Met. St. Ry. and Third Ave. RR. agreeing to
use only one set of tracks on such parts of the Boulevard as their
routes may be coincident.—V. 66, p. 236.
c t o c k A. B o n d s Par.
Interest.
Outstanding. Last div., < c
&.
S t o c k (see text) ..... 100
Q.—F.
$10,000,000 Aug.31,’98,2^
1st mortage, gold.1,000 5 g. J. & J.
5,000,000 July 1, 1937
In Feb., 1898, it was stated that the under-ground trolley would first
be introduced on 125th Street and Tenth Avenue Line, which, with the
underground trolley line to be constructed on the Boulevard, willmake
a continuous electric road from Fort George to 42d Street. The change
to electricity on Third Avenue to follow later. V. 66, p. 473. In May
1898, application was made to the RR. Commissioners to change the
mam and 125th Street cable lines to underground trolley, storage or
compressed air, or all three, instead of cable.—V. 66, p. 1047.
On Nov. 1,1897, there were other mortgages outstanding for $106,000 and loans $3,972,400.
STOCK_rn’96 was authorized the issue of $3,000,000 additional stock
(making $12,000,000), of which $2,000,000 to pay debt incurred in the
purchase and improvement of the Forty-second Street Manhattanville
& St. Nicholas Avenue Railway and the other million for improvement
and extension of the Kingsbridge Road, about 11 miles.
Miles.
ROAD— Owned.
Miles.
City H all via 3dav. to 130th st. 8% Sidings............................
2838
North River to 125th st., E.R, 2 ^ Total track owned..............
10th Av., 125th to 186th sts.. 3 ^ Weight of rails.................... 60 lbs.
14
Sucond track.......................
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. 0.; in 1897, 8% p. c.; in 1898, Feb., 2 p. c.; May,
2 p. c.; Aug., 2 p. c. See Y. 64, p. 955.
FINANCES.— To pay for cable, &o., the stock was raised in 1891 from
$2,000,000 to $3,000,000, in 1892 ,to $5,000,000 and in 1893 to
$7,000,000, and in December, 1894, to $9,000,000. Loans and bills
payable Oct. 31,1897, $3,972,400.
L a t e st e a r n in g s — July 1 to March 31, nine months :
q mos
Gross
Yet.
Oth. ine. Int., taxes.&c. Bal.for die.
1897-8 ‘.$1,925,756 $758,835
$48,252
$273,905
$533,182
1896-7.-1,901,097
781,550
43,693
270,423
554,82o
In 6 months of 1897 paid dividends $400,000, against $500,000 in
1896; loans and bills payable Dec. 31,1897, $4,799,400.
O r g anization —Chartered Sept. 6,1851, and leased to the Metropol
itan Street Railway Co. Feb. 1,1892, for 800 years. Rental is now
$145,000 per annum. (V. 61, p. 925.) On May 1, 1895, the depot
property (real estate) was surrendered to the Sixth Avenue Co. Stock,
ANNUAL R e p o r t .— A-nnual report in Y. 65, p. 923, showed :
$2,000,000; par, $100. In November, 1895, the company paid a divi
1895. Years ending Oct. 31—
1897.
. 1896.
$2,583,011
$2,610,161
dend of 20 per cent, the extra amount having been made possible by Gross earnings................... $2,570,842
1,054,542
Net earnings........................ 1*126,194
1,202,744
large sales of real estate. Road owned—6th Avenue, 59th Street to
67,052
Other income.......................
47,368
66,953
Canal Street, 3-44 miles; second track, 3-44 miles; sidings, -75 mile.
$1,121,594
Total income.................. $1,173,562
$1,269,697
Owned jointly with Eighth Avenue Co., Canal and Varick streets to
330,590
372,286
367,463
Broadway and Vesey Street, 1-26 miles. Total track (rail 60 lbs.), 8*14 Taxes and interest..............
559,000
Dividends.. . . . . . . . . . . . . . . . . . . •
850,000
890,000
miles. Introduction of underground trolley was begun July 20,1898.
$232,004
$12,234
Balance, surplus...........def.$48,724
See V. 67, p. 178.
B A L A N C E S H E E T M A R C H 31, 1898.
* (1 3 ) TH IRTY-FO UR TH STREET CROSSTOWN RY.—A horse road.
Liabilities.
ORGANIZATION—Chartered March 18,1896, being a consolidation of Cost of road and eq’p.$14,253,951 Capital stock paid in. .$10,000,000
Funded debt..............
5,000,000
Stocks and bonds of
the Thirty-Fourth Street RR. Co. and the Thirty-fourth Street Ferry
9,374,668
other companies....... 8,886,894 Loans........................
& Eleventh Avenue RR. Co. The stock of the Thirty-fourth Street Other permanent in
Bonds and mortgages.
106,000
62,500
vestments ................ 1,308,040 Int. due and aocued...
Crosstown Ry. Co. is all owned by the Metropolitan Traction Co.
15,933
Accrued interest.........
62,500 Due forwages&suppl’s
S tock and B o n d s —
Date. Interest. Outstanding.
Maturity.
21,474
Cash............................
69,190 Profit & loss, surplus..
................ *1.000.000
..................
$ 1,000,000
Stock.
5 A -O
1,000.000 Apl 1,1996.
1st M. ($1,000), guar. 5 1896
Total....................$24,580,575
Total................... $24,580,575
p.and i. Met. St. Ry.. ( Trustee, Central Trust Co., N. Y.
O f f ic e r s .— President, A. J. Elias; Secretary, Alfred Lazarus Office*
ROAD—The road constructed consists of 1-74 miles of track owne d
extending from foot of East 34th Street to foot West 34th Street, with 65th Street and Third Avenue.
IN D E X — Y. 66, p. 134, 135, 236, 343, 473, 955. 1047.
trackage to 42d Street Ferry, etc.—V. 60, p. 83; V. 62, p. 549.
(14) T W E N T Y -E IG H T H A N D T W E N T Y -N IN T H STREETS CROSS
TOW N R A IL R O A D —A horse road.
O r g a n iz a t io n — The Metropolitan Traction purchased the property
in September, 1896, owning in Oct., 1897, all the stock and $1,000,000
oi the bonds. In May, 1898, contracts were let for change of motive
power to compressed air. See V. 67, p. 178; V. 66, p. 900.
S tock & B onds —
Date. Interest. Outstanding.
Maturity.
Stock, $1,500,000 ($100)............................ $1,500,000 .......
1st M., $1,500,000($1,000) ? 1896 5g. A -0
500,000 Oct. 1, 1996
gu.p&iend.,M.St. Ry.g.o* ) Trustee, Central Trust, New York.
" ( 1 ) D R Y DOCK EAST B R O A D W A Y & B A T T E R Y —Horse road.
ORGANIZATION—Control obtained by Third Ave. RR. Aug. 23,1897.
V. 65, p. 194. Underground trolley is proposed in place of horses.
STOCK & B onds —
Par.
Inlerest._ Outstand’g.
Lastdiv.,<6c.
Aug.’9 8 ,l1
3%
Stock........................... 100 6
Q —F. $1,200,000
Deo. 1, 1932
New mort., gold, 1892.. 1,000 5 g. J. - D.
950,000
Feb.
1914
Cert.ofdebtnotsub.too. 100 5
F. - A. 1,100,000
Miles.
R O A D — (60-lb. rails).
Miles.
Main line.....................
10-4 Sidings................................. 4-2
econd track. ....................... 5-7 Total owned.............. - ..........20-3
STREET
60
RAILWAYS.
D ividends —Since 1891, for fiscal year ending June 30: 1891-92’
5 per cent; 1892-93, 6 per cent; 1893-94, 2 ^ per cent; 1894-95, 4 ^
per cent; 1895, August, 1 ^ p. c . ; Nov., IL j p. c ; in 1896, 6 p. c .; in
1897, Feb., 1*2 p. c.; in 1898, Feb., 1*2 p. c.; May, l^a p. c.; Aug., 1*2
p. c.—See Y. 64, p. 843.
L a t e st Earnings —F or 9 months ending March 31:
,
a
.-.
Other inc. Int.d-laxes. Bal.,surp,
l o o l l**** »"*
1896-7...........
512,421
120,813
$1.530
29,288
$99,236
98,617
$63,381
51,484
ANNUAL r e p o r t —Fiscal year ends June 30. Results for 1896 7,
with balance sheet, were given in V. 65, p. 568, as follo w s:
Yr.end.J’ne 30. 1897.
1896.
1897.
1896.
Gross earnings.$687,646 $743,474 Taxes, etc.. i
Q acya < $33,634
r7
99375
N e t................ 173,831 184,758 Interest___5$137,626 £
Other income... 31,067
12,566 Dividends..(4^
2)54,000 (6)72,000
Net income.. .$204,898 $197,324 Bal. for year. su.$13,272
In d e x —V. 64, p. 843, 1041; Y. 65, p. 194, 568.
dti,185
( 2 ) FORTY-SECOND ST. M A N H A T T A N V IL L E & ST. NICH OLAS
A VE . RY.—A horse road.
O rganization —Chartered Aug. 29,1878 In November, 1895, control
was purchased by the Third Avenue RR. ¡see V. 61, p. 926. Motive
power is to be changed to underground electric system.
STOCK & B o n d s .— Par.
Interest.
Outstand'g Last div., < c
&.
«took......................... 100
..............
$2,500,000
......... .
1st mortgage.......... 51,000
6 M -S
1,200,000
Mch., 191Ö
t
Interest at Union Trust, N. Y. City.
2d mort. income 6s... .1,000 6% as earned.
1,500.000
Jan., 1915
Real estate mortgage......... 5% ..........
......
100,000
..............
Bills payable June 30,1897
...............
.......
65,000
................
ROAD—
Miles.
H h /S
ix C
42d St. No. River to E. River. 1*97 Other mileage.................... 2-76
59th St. via 10th Ave. to MafiBranches.................. ......... -41
hat. St......... ........
3'29 Second track.................. . 12*45
42d St. via 7th Ave., etc., to
Boulevard, etc.....................4*02
Total owned.................. 24*90
A n n u a l R eport —
Yr. end. June 30. 1897.
1896. I
1897
1896.
Gross earnings.$720,063 $667,584 Irt. on bonds..$72,000
$72,000
Net.................. 115,966 122,368 ! Other int. and
Other income...
4,433
4,02« I
miscellan’ous
5,000
14,800
Taxes.............. 36,000
38,000 | Bal.for year, sur.7,400 sur.3,594
IN D E X — V. 63, p. 838; V. 64, p. 330.
( 3 ) U N IO N R A IL W A Y OP NEW YO RK —A trolley road.
O r ganization —Formed in 1892. In August, 1896, was operating
the following lines: From 129th St., via 3d Ave., to Bedford Park
From 129th St., via 3d and Boston Aves., to West Farms. From 8ti
Ave., via 135th St., Madison ave. and 138th 3t., to Port Morris. Fron
129th St., via 133 St., Willis and Melrose aves. to 161st St., and 161st
St. and Sedgwick Ave. to Highbridge. Westchester Ave., from 3c
Ave. to Southern Boulevard, 161st St., from 3d Ave. to Melrose Ave.
The Westchester Electric RR. extends the system to Mt. Vernon and
New Rochelle, owning all the lines in those places. Southern Boulevarc
Railway stock is $250,000; Westchester Electric .stock, $500,000
In June, 1898, line from East Third Street, Mount Vernon, through
Pelham Manor to the New Rochelle line, had been completed and ex
tension to Glen Island v as expected to be completed during July. In
August, 1898, extensions in Mount Vernon were proposed.
Third A venue RR. in Control .—Controlled by Third Ave. R.R.
which in Jan., 1898, purchased a majority of the stock.—V. 66, p. 135
-STOCK & B o n d s .—
Par.
Interest.
Outstand'g. Last div.. die
Stock........................... 100 ..............
$2,000,000
.............
1st m ort, 1892, gold. \ J>9°9 5 £•.*'•
,2’° ° 0 ’00P „ Aug. 1, i.942
’s
( Int. is payable at Central Trust Co., N. Y. City.
Guaranteed Loans—
Westcli. 1st M.,gu.,p.&1..1,000
. J. - J.
500.000
194S
So. Boule. RR. 1st,goldi
250.000 July 1,1945
M.,’95, $250,000 gu. 5 .......
5 , J. - J.
Road —
Miles.
Main line (single track)....... 5*36 Weight of rail per yard 70 to 72 lbs.
Branches (single track)........10‘84 Westchester Electric........... 16‘54
Second track........................ 5-36 Southern Boulevard............
g
Total of all track owned___ 21*56
,
L a t e st E arnings — Uniofi Ry., July 1 to March 31, nine months:
.
NctOth. ine. Int.,taxes,die. Bal., sur.
...... $442,851
$163,051
$668
$106,531
sur.$57,188
1896-7...... 393,613
157,963
582
100,820
sur.57,730
Including Union Ry., So. Boulevard and Westchester Electric, for 9
months, gross, was $575,069 in 1897-8, against $525,593 in 1896-7.
Union Ry. loans and bills payable Mch. 31, 1898, $291,317; W est
chester Electric, $12,500.
A n n u a l R eport —F or year ending June 30,1897, wasinV.65,p. 193.
Yr.end.J’ne 30. 1897.
1896.
1897.
1896.
Gross earnings.$541,855 $489,668 Total net in c...$219,822 $184,886
Net.................. 218,822 183,886 Int., taxes, etc. 133,431 125,060
Other income...
1,000
1,000 Balance, surp.. 86,391
59,826
I n d e x —v . 66, p. 135,343,1142.
FORT GEORGE & ELEVENTH AVENUE
RR.—To be an underground trolley road.
O R G A N IZ A T IO N .— Chartered in 1893 in the interest of the Met. St.
Ry. Capital, $10,000. In July, 1898, obtained permission to conduct
a road 1,500 feet long on Eleventh Avenue, between Kingsbridge road
and 175th street.—V. 66, p. 1045.
FULTON WALL & CORTLANDT ST. FER
RIES RR.
Projected from Fulton and from W all S t . ferries, East River, to
Cortlandt and to Liberty St. ferries, North River, 2*7 miles. Stock,
8700,000 (shares $100 each). First mortgage $500,000 5 p. c. bonds
aue J an. 1 , 1917. Trustee Central Trust Co., N. Y. President, Edward
Selleck, 45 William St., N. Y. Foreclosure sale adjourned to Aug, 25
1898—V. 65. p. 1173.
TARRYTOWN WHITE PLAINS & MAMARONECK (ELECTRIC) RY.— tro
A
lley ro d
a .
O r g a n iz a t io n —Successor in 1898 to the New YorkElmsford & White
Plains Ry. in July, 1897, the property, franchises, etc., of the N. Y .
E. & W. P. Ry. were sold to a Philadelphia syndicate, which also p u r
chased the Citizens’ Gas & Electric Co. of White Plains, the Portchester Gas < Electric Co. and the Portchester Ry. (projected) and will
fe
consolidate all the companies.
Road extends from Elmsford station on the New York & Putnam
Railroad to White Plains on the New York & Harlem RR. and to
Silver Lake, 5i4 miles of track. White Plains to Mamaroneck, includ
ing a short branch to Bloomingdale Asylum, 18 miles, operated since
July, 1898, making a through line from Tarrytown, on the Hudson
River, to Long Island Sound. The company, it is said, will carry
freight as well as passengers. Extensions along Long Island Sound
as far east as the Connecticut line and west as far as New Rochelle
are projected. V. 67, p. 75. Capital stock of the N. Y. E. & W. P. Ry.,
originally $60,000, increased in Feb., 1898, by permission of RR. Com
missioners, to $300,000; par, $25. First mortgage of N. Y. E. & W. P.
Ry. of 1895 due July 1,1925, $60,000; interest 5 p. 0., J&J; but it is
stated the coupons have been removed from the bonds and will not
be presented for pavment.
O ffic e r s —President, 8. R. Bullock; Secretary, C. V. D.Beek;Treas
urer, H. T . Jennings. D IR E C T O R S — (Elected August, 1897)—Samuel
R. Bullock, of Philadelphia; V. A. Krepps, of White Plains; Herbert T.
Jennings, William D. McQueston and Charles B. French, of Mount
Vernon, N. Y.; Dwights. Mason, Charles V. D. Beek, Paul Armitage
and William J. McCormick, of New York.—V. 67, p. 75
NORTH END STREET RY.
—To be an underground
trolley road.
O r ganization —Chartered in 1898 in the interest of the Met. St, Ry.
Capital, $5,000,000. In July, 1898, obtained permission from State
RR. Commissioners to construct a road 13 miles long with termini at
the intersection of Manhattan Avenue and 116th Street and at the
intersection of Kingsbridge Road and the northerly line of New York
City, with numerous branches, the Third Ave. and Met. St. Ry. agree
ing to use only one set of tracks on such parts of the Boulevard as
their routes may be coincident.—V. 66, p. 1045.
PEOPLE’S TRACTION CO.— be a trolley road.
To
O rganization —A consolidation in February, 1898, of the People’s
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
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,
extending over Chester H ill from North Third Avenue, 1 ^ miles,
and proposed at once to convert it into a trolley road and endeavor to
secure additional franchises in Mount Vernon and extend the Chester
Hill line to White Plains.
S tock —The combined stock of the old companies was $2,100,000.
O fficers—P resident, W. A. Boland; Vice-President, Silas B.
Dutcher: Secretary and Treasurer, Frederick C. Cooheu. Among the
new directors are P. H. Flynn, W. A. Boland, John McCarthy, Silas B.
Dutcher, F. C. Cocheu, Joseph White and M. J. Kennedy.—V. 63, p. 969.
JSEW ARK , n . j.
P opulation 1890
and
was 181,830; in 1880 was 136,508;
IN 1870 was 105,059.
NORTH JERSEY STREET RAILWAY—
O rganization —I n January, 1898, the North Jersey Street Railway
absorbed the Newark & South Orange, 18 miles, and in May, 1898,
W s e d the lines of the Consolidated Traction Co. for 999 years.—V. 66,
p. 664, 955,1141.
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 fro n Bloomfield to
connect at Upper Montclair with the North Jersey line building from
Montclair to Passaic and south from Orange Valley to South Orange.
—V. 67, p. 75.
STOCK & Bonds — Miles. Date. Interest. Outstanding. Last div., etc.
Stock........................................................
$5,000,000
................
N. & S. O. Ry.lst M. 5 18
1892 4-5 A -O 30 1,000,000 Apr. 30,1912
$1,000................(
18
1892 5 A -O 30
500,000 Apr. 30,1912
Subject to call at par on 30 days’ notice.
Imp’t M., $500,000.....
1895
5 A -O 30
12,000 Apr. 30,1912
Subject to call at par on 30 days’ notice.
1898 4g. M -N F6,500,000 May 1, 1948
Manhattan Trust Co., N. Y., trustee.
Interest at Fidelity Title & Deposit Co., Trustee, Newark, N. J.
Bonds—Of the first mortgage bonds of 1892 $1,000,000 bear 4 per
cent interest to and including April 30, 1902; thereafter 5 per cent.
The remaining $500,000 are 5 percents for entire period. In May,
1898, the North Jersey company made a mortgage to the Manhattan
Trust Co., as trustee, to secure $15,000,000 50-year gold bonds, bear
ing 4 per cent interest after May 4, 1899.—V. 66, p. 1046.
Road —Owns 28 miles of track, and leases system formerly operated
by Consolidated Traction Co., 187 miles; total, 215 miles.
Earnings —Of the old Newark & South Orange road (18 miles):
1897.
1896. I
1897.
1896.
From pass’gers.$294,535 $289,705 0p.exp.<fcrep’rs.$180,626 $188,989
Other income...
2,938
1.810 |Dividends.......
30,000 . 30,000
For earnings of Consolidated Traction Co. see next page.—V. 66, p.
277, 573, 664, 955,1046,1141; V. 67, p. 75.
OFFICERS (May, 1898).—President, Edward F. C. Young; Vice-Presi
dent, David Young; Secretary, Wilbur F. Johnson; Treasurer, E. N.
Hill; Auditor, E. H. Hibbs.
STREET
( 1 ) CONSOLIDATED TRACTIO N OP N E W J E R S E Y O rqanization —I ncorporated in March, 1893, to acquire control of
street railways in New Jersey. System reaches from Jersey City to
Newark, Orange, Elizabeth, Bloomfield, etc.; •also carries passengers
to Passaic, thence by steamer to Bay Ridge, L. I., and via Long Island
RR. to Manhattan Beach and Coney Island. V. 65, p. 277.
On June 1,1898, the property was taken over by North Jersey Trac
tion 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 increas
ing 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»
p. 1141.
Dividends under lease will b e :
1906,
Thereafter,
1899-1902,
1903,
1904-1905,
3% per cent. 4 per cent
2 per cent.
21 per cent.
a
3 per cent.
Outstanding. Divs., etc.
S tock & B onds Jan.l,’98. Date. Interest,
$15,000,000
See text
Stock, all paid in....................................
6,658,000
.......
Underlying bonds—see below
......
14,712,000 June 1,1933
1st mortgage, gold....... . > 1893 5 g J-D
$15,000,000 ($1,000).. S Interest at Manhattan Tr. Co., N. Y „ trustee.
.......
$1,190,977
.......
Other debts Jan. 1,1898..........
Cost of road and equipment to Jan. 1,1898..................... $37,132,552
Underlying Bonds.
Newark Passenger Ry. 1st consol. 5s, J&J, guar. p. &i —
$4,250,000
Interest at Peoples’ Bank, Philadelphia.
Newark Pass. Ry. sub. companies.............. ......................
1,600,000
258,000
Jersey City & Bergen Railroad ............................ .........
Passaic & Newark Electric Traction..................... ..........
550,000
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
Newark Passenger Ry., and $99,100 stock of Jersey City Harrison &
Kearney Railway Co.
R o a d .— In May, 1898, the Consolidated Traction Company had in
operation 193 miles of track, including:
Road Absorbed—
N. J. Traction C o ___Stock owned. J. C. Har. & K. RR...Stock owned.
Newark Pass’ger Ry.Stock owned. Newark Plank Road.Stock owned.
J. C. & Bergen RR...Stock owned. Passaic & Newark ELStock owned.
Stock, debts and mileage of the leased and controlled lines:
Debts.
Stock.
Miles.
$500,000
None
New Jersey Traction Co...................None
$5,850,000
6,000,000
Newark Passenger R y ...................... 83
500.000
504,000
Rapid Transit Street R y ................... 12
258.000
1,000,000
- 41^2
Jersey City & Bergen R R ................. 41 *2
100,000
.
Jersey City Harrison & Kearney Ry. 10
84,338
162,000
4%
Newark Plank R o a d ........................
550.000
1,000,000
Passaic & Newark Elec. Trac........... 10%
Port Richmond & Bergen Pt. Ferry........... 4,000 shares
E a r n in g s — 10 months. > 1897-8..Gross, $2,561,381; net, $1,309,143
July 1 to Apr. 30. $ 1896-7..Gross, 2,360,815; net, 1,179,582
For 3 months ending March 31, 1898, company earned surplus of
$3,978, against deficit $16,180 in 1897.
1895.
For the year ending Dec. 31: 1897.
1896.
$2,487,104
From passengers_ : .............. $2,967,794
_
$2,779,264
20,452
Other income.............. ..........
25,658
21,318
Total............................... $2,993,452
Operating expenses ............... 1,447,517
$2,800,582
1,468,440
$2,507,556
1,557,430
Balance............................ $1,545,935
$1,332,142
$950,126
( 2 ) JERSEY C IT Y & B E R G E N R A ILR O AD —
Road —Owns from Jersey City to Bergen Point, etc., total track, 41*2
miles. Controlled by Consolidated Traction Co., all ttie stock being
■deposited as part security for the Traction Co. 1st mortgage.
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
.........
$1,000,000 f.p.............. .
Stock....................... ..............
1st mortgage ($1,000) ..o*. 1873 7 J . - J .
258,000
Jan. 1,1903
Total cost of road and equipment to Jan. 1,1898, $1,442,298.
( 3 ) N E W A R K PASSENGER R A IL W A Y —Mostly electric.
O R G A N IZ A T IO N —Incorporated June 16, 1890. On July 29, 1893,
leased to New Jersey Traction for 999 years, and so controlled by the
Consolidated Traction Co. of New Jersey, as below stated, the N. J.
Traction Co. having been leased to the Consol. Traction Co. of N .J.
Jan. 2,1894, for 999 years. Charter said to be perpetual.
L ease a n d R e n t a l — Rental under the lease, $105,000 yearly.
c t o p k A B onds —
Far. Interest. Outstanding.
Maturity.
Stock
- .......... $100 Text.
$6,000,000 Own. by C Tr.
New. & B lm . St. Ry. 1st.... L .
6
F -A
100,000 Feb. 1, 1901
1,
p x
t
i i +ivr
I ^ § 5 6 A -O
496,500 Apr. 1,1905
Orange & Newark 1st M... I © g \ Int> at Manhattan Tr. Co., N. Y. City.
Belle. & Newark 1st M. ... inn 7 J - D
200,000 June 1,1900
Essex Pass. cons. M ........ I
6
M -N
753,500 Nov. 1,1905
Newark & Irvington 1st...1,000 6 J - D
50,000 June 1,1900
Newark Passenger cons. > 1,000 5 g. J - J
4,250,000 July 1,1930
1890, $6,000,000 g.. .e* S Trustee Solicitors Loan & Trust Co.. Phila.
The $6,000,000 stock is all deposited as security for the Consolidated
Traction Co. first mortgage.
Interest on consol. 5s is payable in Philadelphia (at the People’s
Bank, 435 Chestnut street); on other bonds at Manhattan Trust
Co. of New York. The consols are guaranteed principal and in
terest by the Consolidated Traction Co. of New Jersey, and in Feb
ruary, 1895, the guaranty was stamped on the bonds.—V. 59,
Oonsol. Bonds—Of 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. 1,1898, total funded debt was $5,850,000 (no other debts re
ported) and total cost of road and equipment was $11,850,000.
Dividend.—First dividend (1 per cent) was declared in June, 1894.
ROAD—January 1,1898, aggregated 83 miles of track.
E arnings are included in reports of Consol. Traction Co. of N. J. and
are not reported separately— V. 59, p. 969.
>(4) R A PID TRANSIT STREET R A IL W A Y .
O rganization —I n February, 1892, leased to Newark Passenger ailw ay »fand included with it in lease to New Jersey Traction, and so foims
part of Consolidated Traction system. Rental is 11% per cent on
«took, besides interest, taxes, etc.
ßl
RAILWAYS.
e-rorK B o n d s , E T C — Far.
Interest.
Outstanding. Last div., etc.
•SSftSKreSS-a-«» V?i:S3 $o;8o
0 5o o
1st M. $500,000, g .. o- j
Cinter^Va*otf?c^of
Deposit Co., trustee, Newark, N. J.
Total cost of road and equipment to Jan. 1,1897, $1,004,000.
Dividends of 11% per cent yearly are guaranteed by the Newark
Passenger and New Jerse^ Traction companies upon the trustees’ cer
tificates issued for stock. Miles of track 12-07.
UNION TRACTION CO. -A tro
lley ro d
a .
ORGANIZATION—Incorporated Nov. 2,1894. The main route is from
Hackensack along the ridge between the Hackensack and Passaio
rivers, through the towns of Hasbrouck Heights, Woodridge, Carlstadt, East Rutherford, Rutherford, Lyndhurst, Kingsland, to A rlin g
ton on the east side and to Belleville on the west side of the Passaic
River, 30 miles of track. The reorganization plans contemplate an
8-mile extension from Arlington to Woodridge, N. J. (half double
track, making 12 miles of completed road), 5 miles, into Hackensack.
In August It was stated that a competent contractor had offered to
construct and equip the extension —V. 67, p. 127, 275. In May, 1897,
began operating 8 miles of track (of which 4 double). Rails, 70 lb. steel.
Receiversh ip —I n Jan., 1898, William M. Johnson was appointed
receiver.
PLANS—The two plans of reorganization issued by the McCormick
and Norton committees, respectively, were given in full in V. 67. p.
127 and V. 67, p. 275. See also V. 66, p. 1090. The depositaries for
the respective committees are the Guaranty Trust Co., 65 Cedar St.,
N. Y., and the North American Trust Co., 100 Broadway, N. Y.
Miles
Out/
S tock A BONDS—
mort’d. Date. Interest, standing. Maturity.
StoJk ($1^00,000 au.) ($100)....................... . . . » See text. - - - - - - - 1st mortgage ($1,000,000) ( (?) 1894 5g. J - D See text. No v.26, 24
($1,000 and $100) g........ \ June, 1897, coup m last paid.
On Jan. i , 1898, receiver reported stock issued, “apparently,” $733,100; funded debt, “ apparently,” $852,000; “other debts,” $2,500. Of
the $852,000 bonds, $434,000 are held as collateral to secure a debt of
$250,000.—V. 66, p. 1090.
OFFICERS—President, H. C. Adams, 37Cortlandt St., N. Y.; Vice-Presi
dent, D. A. P e ll; Secretary, Frank Bourne; Treasurer, H. H. Cope
land. Local offices at Rutherford, N. J.—V. 59, p. 1059; V. 63, p. 516;
V. 66, p. 1090,1142; V. 67, p. 127, 275.
N E W A R K , OHIO.
P opulation 1890 was 14,270; in 1880
AND in 1870 w as 6,698.
w as 9,600;
NEWARK CONSOLIDATED E L E C T R I C
RAILWAY-A tro
lley ro d
a .
ORGANIZATION—Successor Feb. 15, 1896, to Newark & Granville
Electric Ry., but before bonds could be issued the president of the old
company applied for a receiver and James F. Lingafelter was ap
pointed receiver April 7, 1896. Statutes of Ohio do not allow a cor
poration to issue more bonds than stock and validity of old bonds is
questioned. Case has been remanded to Common Pleas Court of
Licking County, Ohio.
S tock & B onds —
Miles. Date. Interest. Outstand’g. Maturity.
lto
ÄSS?:ra0 o
e fӀts:::: m
i
«iji-s So.® » i f f i
Sinking fund is provided for redemption of $5,000 bonds yearly until
second mortgage is wiped out and then of first mortgage.
ROAD—Operates 1312 miles of track, connecting the city of Newark
with Granville. Rails 30 to 61*2 lb. T and girder.
EARNINGS—For year ending April 7, 1898, gross, $26,210; net, def.,
$1,123; no interest paid. In 1896-7, gross, $26,374; net, $4,563
OFFICERS—
President, W. E. Miller; Secretary, C. W. Miller; Treas.,
John Schlägel—V. 63, p. 652; V. 64, p. 755.
NEWBURG,
N.
Y.
P o pulatio n 1890
w as 23,263; in 1880 was 18,049;
and in 1870 w as 17,014.
NEWBURG ELECTRIC RY. CO.-A
trolley road.
O rganization —Successor in February, 1894, to the Newburg Street
Ry., and on July 2,1897, absorbed Newburg <e Orange Lake and W al
t
den & Orange Lake railroads.
STOCK & B onds Oate. Interest. Outst’d’ng. Lastdiv.,etc.
Stock $150,000, par $100..............
----- $150,000 . . . . . . . . . . . . . .
1st M. ($250,000) g.,($500) ( 1894 6g. M -N
250,000 May 1,1944
Not subject to call......... i May, 1898, interest not paid when due.
Walden & O. L. 1st Mort. g. 5 1H95 6g. J-D
100,000 June 1,1945
guar. p. & i ..................... ( June, 189 ■, interest not paid when due.
*
Newb. & Orange Lake 1st 1 1894 ßg. J-J
75,000 July 1,1944
M., g., $500, mt. only > Int at Kl^
ick. Tr. Co., Trustee, N. Y. City,
g u a r .......................... o ) ......
f a
75ooo
................
2d mort. bonds...................£ int. a4 Hamilton Trust, B ’klyn, Trustee.
Debenture bonds.......................................
iwjtSSi
....... ........
Certs, of indebtedness................................
40,000
................
ROAD—Owns 16-21 miles of track (including Walden & Orange
Lake 5*29 miles and Newburg & O. L. 5'40 miles).
L atest E ahnings —12 mos. > 1897-8— Gross, $83,877; net, $35,670
July 1 to June 30.
51896-7.... Gross, 83,388; net, 34,898
YEARLY EARNINGS—For the years enffing June 30:
Gross.
Net.
Oth. Inc. Int., tax, Ac. Bal.,sur.
1897-8................ $83,255
$34,041
$622
$36,599 def.$l,936
1896-7 ............. 83,173
33,468
497
32,718
1,248
1895-6................ 94,592
36,570
615
32,536
4,649
—V. 66, p. 1 0 9 0 . ________ ____________
NEW BURYPORT,
M ASS.
P o pulation 1890
w as 13,947; in 1880 w as 13,538;
and IN 1870 w as 12,595.
NEWBURYPORT & AMESBURY R AIL
ROAD.— tro
A
lley ro d
a .
O rganization—Incorporated May 23,1871
62
STREET
STOCK & BONDS—
Date. Interest.
Outstand'g.
Maturity.
Capital stock ($100).............. ..................
$80,000
..................
1st mortgage, gold................. 5 g. M - S
350,000
Mar. 1,1912
1897
5 p. c.
8,000
Apr. 1,1912
Debentures.................
Loans ¿billspayable Oct. 1,’97 ..............
137,706
..................
Floating debt secured by $200,000 of 6 p. c. coupon notes due 1912.
Interest payable in Boston at International Trust Co., trustee.
ROAD— Owns 18 miles of main track and 1*73 miles sidings, etc., in
the city of Newburyport and the towns of Afnesbury, Merrimac and
Newbury. Bails 35 and 40 pounds. '
E arnings —For years ending Sept. 30 earnings have been:
1897.
1896. I
1897.
1896.
Gross earnings..$60,897 $67,614 |Int., taxes, etc..$25,123 $25,577
N e t.................. 19,085 26,446 I Surp. for year... 10,124
869
I Tot. sur. Sep.30.df.3,913
10,124
OFFICERS— President Charles Odell, Salem, Mass.; Vice-President,
Thomas H. Johnson; Secretary and Treasurer, Ralph G. Calef; Super
intendent and Purchasing Agent, C.F. Dennis.—V. 62, p. 457.
N E W P O R T , R. 1
.
P
o p u l a t io n
1890
and
19,449; i n 1880
1870 w a s 12,521.
w as
in
w as
15,693;
NEWPORT STREET RAIL WAY— trolley road.
A
ORGANIZATION— Incorporated July 30,1888. In February, 1898, the
Newport Illuminating Company obtained a controlling interest.
S t o c k , B o n d s , E t c .— Date.
Interest. Outstanding. Div'ds,etc.
Common stock. ...................... 5 p. c. in ’96
$77,000
See below.
Pref. stock, 7 p. c.. cum...........
7J-J
30,000 Jan. 1,'98,3^
1stM. $50,000 ($500).c. 1890
5 J-D
50,000 Dec. 1,1910
Unfunded debt Jan.1,’97 ......
............
8,588
................
Interest is payable at the Industrial Trust Co., Providence, R. I.
Dividends—On preferred from 1890 to Jan., 1898, inclusive, 7
per cent per annum. On common in 1891,5 per cent; 1892,7 per cent;
1893, 5 per cent; 1894, none; in 1895, 5 p. o.; in 1896, none.
R o ad .—Owns 4-17 miles of track. Rails, 45 lb. T and 60 lb. T*
Earning s —For years ending Dec. 31:
Gross.
Net.
Int., taxes, de. Div'ds.
Balance.
1897.............. $36,338
$11,082
$18,178
$2,100 def. $9,196
1896.............. 40,430
11,447
4,263
5,950
1,234
1895.............. 39,854
12,124
5,057
5,950 sur. 1,117
Passengers carried in 1897, 776,470; in 1896, 769,414.
O F F IC E R S — (Feb., 1898) President, Gardner B. Reynolds; Secretary,
Treasurer and General Manager, George P. Magner.
RAILWAYS.
NEWTON & BOSTON STREET RAIL W y a
r g a n i z a t i o n —Operates trolley road.
STOCK & Bonds —
Date. Interest. Outstanding. Div. or Matu.
Stock,$250,000,pr. $ 1 0 0 ...................... .
$175,000 July 1,’98.1%
1st M. for $250,000.... ( 1892
5 J-J
125,000
July 1, 1912
Not subject to call. ( Int. pay’le at Am. L. & T. Co., trustee, Boston.
......
.......
20,000
...............
Real estate mortgage..
Dividends—In Jan., 1898, paid2p. c.; inApr. l ^ p . c.; in July, l 1 p.0i
4
R o a d — Owns 10 miles of track. Operates Newtonville & Watertown
St. Ry., 3x miles, under lease of 1897.
4
EARNINGS—In year ending Sept. 30,1897, gross, $44,542; net, $18,250; interest and taxes, $9,497; dividends, $4,687; balance, surplus
for year, $4,066. In 1895-96, gross, $33,026; net, $11,072.
O F F IC E R S — President, Gen. Man. and Purch. Agent, H. B. Parker,
110 Federal St., Boston; Vice-Pres., A. R. Mitchell; Sec., R. A.. Sears;.
Treas., J. L. Richards; Supt., L. H. McLain.
O
NEWTONVILLE & WATERTOWN STREET
RAILWAY— tro
A
lley ro d
a .
O r g a n i z a t i o n — Oct., 1897, 3 miles of track. In Nov., 1897, applied1
for permission to extend its road into Boston. Stock, $50,000; par
$100. Unfunded debt Sept. 30,1897, $19,600. No funded debt. Oper
ated by Newton & Boston St. Ry., under lease of 1897. Application to
Mass. RR. Commissioners to issue $50,000 additional stock was
pending in August, 1898.
E A R N IN G S —For year ending Sept. 30, 1897, gross, $8,096. In 189596, gross, $7,737; net, $290; charges and taxes, $985; bal., deficit, for
year, $695.
OFFICERS—President, H. B. Parker.
WELLESLEY & BOSTON ST.R Y . - T r o lle y .
Capital stock authorized, $115,000 (par $100); issued, $100,000*
Oct. 1,1897, loans and bills payable, none; no bonds. In May, 1897’
$60,000 stock was issued for extension to Nonamtum Square in New ton
and for equipment; a 7,500-foot extension to Boston expected to be
completed Sept. 1,1898 Owns 5-17 miles of track from Newton to
Wellesley. For year ending Sept. 30,1897, gross, $13,312; net, $3,697;
charges, $833; dividends (7 p. c.) $2,800; bal., surplus for year, $64.
In 1895-6, gross, $11,060; net, 12,769. President and Gen. Man., H. B.
Parker, 110 Federal St., Boston; Secretary, R. A. Sears; Treasurer
J. L. Richards.
Dividends—In April, 1898, paid 1*2 p. c.; July, 1*2 p. c.
NEWPORT & FALL RIVER STREET R Y To be a trolley road.
O r g a n i z a t i o n — Incorporated in 1898 as a consolidation of the Fall
River & Stone Bridge Street Railway and the Newport & Middletown
Street Railway by the Rhode Island Legislature. Stock, $250,000.
Bonds, $250,000, 20-year, 5 per cent. Road—State line to Newport,
15-6 miles, under construction, and expected to be in operation during
June, 1898. Through cars between Newport and Fall River began
running June 19,1898.—V. 66, p. 1237.
D IR E C T O R S — President, Stillman F. Kelley, Boston; Treasurer, Philip
L . Saltonstall, Boston; Secretary, A . C. Landers, Newport; Wm, ATucker and Edward P. Shaw, Jr., Boston; Melville Bull and A: L.
Hambly, Portsmouth, R. I.; Loronzo Tallman, Tiverton, and R. S
Groff, Fall River.—V. 66, p. 1237.
NEW TON,
P
o p u l a t io n
1890
a n d in
M ASS.
24,379; i n 1880
1870 w a s 12,825.
w as
w as
16,995;
N IA G A R A
P
o p u l a t io n
1890
and
F A L L S , N. Y .
5,502; i n 1880
1870 w a s 3,006.
w as
in
w as
3,330;
LEWISTON'& YOUNGSTOWN FRONTIER
R a il r o a d O r g a n i z a t i o n .—Owns from Lewiston to Youngstown, 7-3 miles;
completed in August, 1896; branch to Rumsey Park, 1 mile; sidings,.
•2 m.; trackage, *2 m.; total, 8’7m 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 1,1897, $22,106. Earnings for 10% months ending June
30, 1897, gross, $6,602. President, L. A. Rumsey; Secrotary, Karl
Evans; Treasurer, George R. Teller—all of Buffalo.
NIAGARA FALLS & LEWISTON RAIL
ROAD— tro
A
lley ro d
a .
O
r g a n iz a t io n —
Road was opened July 17,1895, from Niagara Falls
COMMONWEALTH A V E N U E S T R E E T City alongthe Niagara River to Lewiston, N. Y., 7 miles, all double-track;
RAIL WAY— tro
A
lley ro d
a .
Capital stock, $1,400,000; par, 100. First mortgage is for $1,000,000
O r g a n i z a t i o n — Commenced operation March 28,1896. Stock auth
orized and issued, $175,000 (par $100)). Mortgage, $75,000 of 5 p. c.
gold $500 c* bonds, dated Feb. 1, 1896, due Feb, 1,1916; interest
F. & A., at office of trustee, International Trust Co., Boston.
R o a d — Oct. 1,1897, main line, 5-7 miles; second track, 5-1 m iles;
sidings *2 mile; trackage, l 1 miles.
^
EARNINGS— Year ending Sept. 30,1897, gross, $54,552; net, $11,752;
Interest, taxes, etc., $4,333; balance, surplus, $7,419. President
Andrew D. Claflin; Treasurer, Leonard D. Ahl. Office, 53 State
Street, Boston.
NEWTON STREET RAILWAY— tro
A
lley ro d
a .
of 5 per cent gold bonds c* ($1,000 each), dated 1895, due June 1,
1925, J&D, to Knickerbocker Trust Co., N. Y., as trustee; outstanding
June 30,1897, $35,000; loans, $924,000. Year ending June 30,1897,
gross, $80,522; net, $52,843. President, J. M. Brinker; Secretary,
Herbert P. Bissell; Treasurer, R. W. Jones.—V. 60, p. 1010.
NIAGARA FALLS & SUSPENSION BRIDGE
Ra i l w a y O r g a n i z a t i o n —Chartered Oct. 20,1882. Road rebuilt and double
tracked in 1892. Operates under agreement the N. F. Whirlpool &
Northern Ry., l -75 miles, which company has capital stock of $50,000
and $22,500 of 5 per cent bonds due July 1,1903, outstanding.
STOCK & B onds —
Date. Interest. Outstand'g. Maturity.
Stock ($750,000) par $100............................ $600,000 ..................
J 1893 6g. J - J
518,000 July 1, 1903
ist mort., goia................. £ int. at Third Nat< Bank( Buffalo.
O r g a n i z a t i o n — Chartered in 1887. Increase of stock from $135,000
to $210,000, at par, was authorized in June, 1893. A n additional
issue of $105,000, making total $315,000, was sold in February 1898,
at 120, for extensions.
STOCK & BONDS— ^
Date. Interest. Outstand'g. Last div.. etc
Mortgage trustee, the Fidelity Trust & Guaranty Co. of Buffalo.
Stock ($315,000, par $100)...........
Q-J
$315,000 July 15,’98 2%
EARNINGS— For year ending June 30 earnings were as follows :
1st M., cur., not subj. to call. 1892 5 J-J
135,000
July, 1912
Interest payable at American Loan & Trust Co., trustee, Boston.
1897.
1896. I
1897.
1896.
Gross earnings..$59,194 $64,609 Interest....... ...... $31,080 $24,420Dividends in 1892-93 aggregated $11,002 (8 per cent); in 1893-94,
Net earnings____ 16,842 20,781 l Dividends....................................
$12,690; in 1895, 8 p. c.; in 1896, 8 p. o.; in 1897, 8 p. c.; in 1898, Jan.*,
Otherincome____ H30.126 12,491 I Balance, surplus. 9,482
3,424
2 p. c.; Apr., 2 p. c.; July, 2 p. c.
Taxes...............
6,406 5,428 |Total sur. June30. 8,543 14,601
IT Note.—Includes $27,412 track rental from B. & N. F. E. and N. F.
R o a d — Owns from Newton to Waltham, Watertown, etc., 12-8 miles
& Lewiston RR.
main track (measured as single); sidings, % mile.
R o a d — Aug., 1896, operated 16-41 miles track on 10*57 miles street
A n n u a l R e p o r t — For years ending Sept. 30 earnings have been:
O fficers (Aug., ’97)—President, J. T. Jones, Buffalo; Vice Presi
1897.
1896. I
1897. 1896
Gross earnings....$94,072 $86,464 |Balance fordivs..$16,833 $lv 5io dent, Wm. B. Rankine, N. Y.; Secretary and Treasurer, Chap. B. Hill,
N e t..................... 26,422 20,939 Dividends paid... 16,800 15 600 Buffalo, N, Y.; Supt., J. C. Brewster, Niagara Falls.
Int., taxes, etc—
9,589 8,429 |Tot. sur. Sept. 30. 20,861 20,828
G E N E R A L B A L A N C E S H E E T S E P T E M B E R 30, 1897.
NIAGARA FALLS WHIRLPOOL & NORTH
Liabilities.
Cost of road........... $284,699
Capital stock................. $210,000 ERN RY.-Trolley.
Cost of equipment......... 91,056 New stock, part paid.................... 47,625 g a n iz a t io n —Chartered March 3, 1894. Road completed Nov. 2,
Or
Land and buildings.......
31,510 Funded debt.................. 135,000 1894. Road is operated by Niagara Falls & Suspension Bridge R y.
Bills and accts, receiv’ble
6,301 Miscellaneous................
80
Profit and loss, surplus.. 20,861 Capital stock, $50,000, in $100 shares. First mortgage is for $30,000
bonds dated 1894, due July 1,1903, interest 5 p. c., J&J, bonds issued
Total........................... $413,566
Total............
$413,566 $22,500. Road runs from Lewiston to Whirlpool St., Niagara Falls,
O F F IC E R S — President and General Manager, Winthrop Coffin, Vice- 175 miles of track. Year ending June 30,1897, gross, $2,730; net,
President, E. Stearns; Secretary, J. C. Lane; Treasurer, Charles Whipple $15. In 1895-96, gross, $2,164; deficit under operating expenses,
Smith, 53 Tremont St., Boston; Superintendent, F. G. L. Henderson.
$1,307. President, A. J. Porter, Niagara Falls, N. Y.
STREET
68
RAILWAYS,
NORFOLK, V A .
P opulation 1890
w as 34,871; in 1880 w as 21,966;
and in 1870 w as 19,229.
NORFOLK STREET RAILROAD—
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.
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 are contem.
plated—see V. 65, p. 1024. A new mortgage was issued for the retire
ment 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.
STOCK & BONDS—
Date. Interest. Outstand'g.
Maturity.
Stock, $1,000,000....................................... $1,000,000
Norfolk City 1st M., gold, < 1888 6g. J - J
125,000 Jan. 1,1913
$1,000........................c ( Int. at Mer. Trust Co., trustee, N. Y. City.
Norfolk Street cons, mort., S 1898 5g. J - J
900,000
Jan. 1,1944
$1,000,000, g. ($l,000)c. ( Int. at Merc. Tr. & Dep. Co., Balt., trustee
R O A D — Owns 20 miles of 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 7 months ending July 31, gross, $96,951 in 1898;
$83,847 in 1897.
O F F IC E R S — (Jan., 1898), President, R. L . Williams, Richmond, Va.
Vice-Prest., Frank O. Briggs, Trenton, N. J.; Treasurer, W. H. Doyle
Norfolk; Secretary, H. C. Whitehead, Norfolk. D irectors —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
Mottu. Index —V. 62, p. 186; V. 65, p. 1024; V. 66, p. 617.
EARNINGS— For year ending Sept. 30, 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.
N O R T H A T T L E B O R O U G H , M A SS.
P
o p u l a t io n
1890
w as
6,727.
IN T E R -S T A T E
C O N S O L ID A T E D
S T R E E T
R A I L W A Y —A trolley road.
O r g a n iz a t io n — Organized April 21,1895. Successor to the Attle
borough North Attleborough & Wrentham Street Ry. and the InterState Street Railway, foreclosed in March, 1895. See V. 60, p. 606.(
S t o c k & BONDS—
Date. Interest.
Outstanding. Maturity.
Stock, $380,000, par $100...........
6 Q.—J. $380,000 Ju lyl,’98,lV%
Coupon notes................... 1897 4 A.—O.
150,000 Apr. 28,1907
Bondsauth., $200,000.................
...... Nov.,’97,none ' .............
Loans and bills payable Oct. 1,’97
.......
50,000
.............
DIVIDEND—In 1897, 6 p. c.; in 1898, Jan., 1*2 p. c.; Apr., 1*2 p. c.
July 1*3 p. c.
Road —Owns 22-42 miles main line track and 1 ^ 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—3 mos.,
Jan. 1 to Mar. 31.
(1898.... Grbss, $27,801; net, $2,228
(1897...... Gross, 26,843; net, 1,965
E A R N IN G S —Year ending Sept. 30,1897, gross, $126,736; net, $37,492;
other income, $579; interest, taxes, etc., $10.622; dividends, 6 p. 0.,
$18,000; surplus for year, $9,499. In 1895-96, gross, $120.923 ; net,
$33,252.
OFFICERS— President, M. J. Perry; Secretary and Treasurer, E. R.
Price.—V. 61, p. 662, 871.
PORT NORFOLK ELECTRIC RAILWAY—
Ro a d , Etc .—Operates 4 miles of track. Stock, $150,000; 1st mort
gage gold 68, $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. President, W. H >
Stewart; Treasurer, General Manager and Purch. Agent, M. W. Mason
NORFOLK & OCEAN VIEW RAILWAY—
A trolley road.
O
r g a n iz a t io n
— A reorganization in April, 1898, of the Norfolk &
Ocean View R a i l r o a d , foreclosed and purchased in the interest of the
Norfolk Street RR.—V. 66, p. 617. Road 9 miles long. New company
is making various improvements. Company also owns valuable prop
erty at Ocean View, a summer resort opposite Old Point Comfort,
connecting with a ferry company.giving through service between Old
Point Comfort and Norfolk. In 1898 leased Old Point & Willoughby
Spit RR. for 5 years with privilege of renewal for 45 years more.
OFFICERS-—President, J. Lancaster Williams, Richmond, Va.
N O R R IS T O W N , P A .
P
o p u l a t io n
1890
19,791; i n 1880 w a s 13,063;
1870 w a s 10,753.
VALLEY T R A C T I O N —A trolley
and
SCHUYLKILL
w as
in
road.
ORGANIZATION— Incorporated in September, 1893, as successor to the
Norristown Bridgeport & Conshohocken Traction Co. Since Jan. 15,
1895, has controlled and operated the Conshohocken Ry. ,the Montgomery
County Pass. Ry., the Citizens’ Pass. Ry., Ambler Electric and the Nor
ristown Pass. Ry. The corporate existence of the several companies
will be maintained, but their bonds will be taken up as rapidly as poe
Bible. In October, 1895, control of the Traction Co. changed hands and
the authorized stock was increased from $250,000 to $1,000,000.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Stock, $1,000.000 ($50)...........................
$500.000
...... .........
1st mort., $500,000, gold) 1895 5 g. F-A
66,000
Nov., 1945
($1,000).................... c 5Int.at West End Tr. & S. D. Co.,Phil..trustee
On June 30,1897, loans payable were $124,609.
The securities of the subsidiary companies are as follows, including
both those held by the public and by the parent company;
Company, die.—
Miles. Interest.
Issued.
Maturity.
Ambler Electric Ry. stock .......................
$50,000
..................
Citizens’ Pass. Ry. stock..
6 ^ ............
80,000 f.p...................
1st mort., gold, $80,000,)....... 5 g. F -A
80,000
Feb. 1, 1925
guaranteed.
Subject to call at 105 Feb. 1, 1905
Conshocken Ry. stock___ ’
P g ..........
145,000
................
100,000
July 1, 1924
1st mortgage, guaran’d \ 5 ^ 5 g. J-J
principal and interest.. \
Subject to call at 105 July 1,1904
Montg. Co. Pass. Ry. stk.
1^2 ..........
150,000
................
ILj 6
J-J
15,000
1924
1st mortgage................
Norristown Pass. Ry. stk.
414 ...........
75,000
................
4 ^ 6 J-J
75,000
1923
1st mortgage...............
Road —Operates about 22 miles of track, including the lines of the
above-mentioned companies.
LATEST E arnings —Jan. 1 to March 31, 1898, gross, $12,349; net
$2,502.
For year ending Dec. 31,1897, gross earnings, $61,892; net, $1,592>
in 1896, gross, $62,196; net, $2,745.
OFFICERS—President, C. D. Beebe, Syracuse, N. Y.; Secretary, Treas
urer and General Manager, R. M. Douglass. Office, Norristown, Pa.
INDEX-V. 61, p. 795; V. 62, p. 279.
NORTH
P o pulatio n 1890
ADAM S,
M ASS.
w as 16,074; in 1880 w as 10,191.
HOOSAC VALLEY STREET RY.—
Trolley road.
O rganization —Chartered April 7,1886.
STOCK, B onds , e t c .—
D a t e . In te r e s t. O u t s t a n d ’g . M a t u r i t y , etc.
Stock, par $100..... ...................................... $100,000
...................
, aQ-5 5J&J
100.000
July 1, 1917
1st Mortgas e............ ....... 18971 jjew E ngian(j Trust Co., trustee.
Unfunded debt Sept. 30,’97.........................
22,031
.................
R o a d .— Owns 11-68 miles of main line track and 0-42 miles of sid
ings, etc. Extension to Williamstown, 6 miles, was completed in 1896.
N O R T H A M P T O N , M ASS.
P o pulatio n 1890 was 14,990: in 1880
AND in 1870 w as 10,160.
w as 12,172;
N O R T H A M P T O N STREET RAILWAY—
A
trolley road.
O r g a n i z a t i o n —Chartered Feb. 26,1873.
S t o c k. B o n d s, E tc —
D a t e . In te r e s t. O u t s t a n d 'g .
D i v ’nds,<6c.
Stock, $300,000, par $100............................. $300,000f.p.Je.30’98,4%
lstM.,notsubj.tocall($500)o 1988 5 A - 0
25,000
Apr. 1,1909
Loans and bills payable Oct. 1,1897 ..........
34,000
..........
Interest at Springfield S. D. & Trust Co., Springfield, Mass.
D iv i d e n d s — In year 1893-94 distributed $12,000; in 1895, 10 p. 0.;
1896, 10 p. c.; Jan., 1897, 5 p. c.; July, 4 p. c. in 1898, Jan., 4 p. c.;
July, 4 p. 0.
R oad —Owns 15-02 miles o f main track and 1 mile sidings, etc.
A n n u a l R e p o r t —For years ending Sept. 30 earnings have been:
1897.
1896.
1897.
1896.
Gross.................$95,086 $94,802 Bal. for div’nds. .$24,311 $30,899
30,000
Dividends......... 27,000
Net................... 32,287
37.023
Int’st, taxes, etc. 7,976
6,124 Bal. for yr...def. 2,689 sur.899
G E N E R A L B A L A N C E S H E E T S E P T . 30, 1897.
L ia b ilitie s .
Construction.................. $211,250
82,702
Equipment....................
Other property..............
78,299
Cash and current assets.
7,623
Total assets.............$379,874
Stock.............................. $300,000
Funded debt..................
25,000
Bills payable, etc..........
34,000
Profit and loss,surplus..
20,874
Total liabilities..........$379,874
OFFICERS—President, John Olmsted; Secretary, J. A. Sullivan; Treas.
urer, N. D. Winter; General Manager, A. E. Smith.
N O R W A L K , CONN.
P o pulatio n
in 1890 was 17,747; in 1880 was 13,956;
and in 1870 was 12,119.
N O R W A L K STREET R A I L W A Y —A trolley road.
O R G A N IZ A T IO N — Chartered in May, 1862.
R o a d — Operates 7*78 miles of
Stock ($500,000), $25 .$100,000f. p.
1st mort., 6s, J&J, auth $200,000, track connecting Norwalk, South
Norwalk and Winnipauk
issued $110,000, due 1919.
O ct, 1,’97, bills payable. $38,000.
Subj. to call at 105 after July 1,’99.
Dividends in 1896-97, 6 per cent.
EARNINGS—Year ending Sept. 30,1897, gross, $50,834; net, $16,414;
interest charges, $8,474; taxes, $1,910; dividends (6 p. o.), $6,000,
In 1895-96, gross, $53,522; net, $14,349.
OFFICERS— President, E. H ill; Vice-President, John A. Osborn
Secretary, Treasurer, Gen. Manager and Purchasing Agt, W. F. Acton;
NORWALK TRAMWAYORGANIZATION—Incorporated May 6,1889. Charter perpetual.
STOCK & B onds —
D a te.
In te re s t.
O u t s t a n d 'g .
M a t u r it y .
Stock ($100) $850,000............
See below. $287,000 ...................
1st mort., $20,000 p. m .> 1893
5 g. M - S
375,000 Sept. 1,1923
gold, $1,000........... c* s I n te r e s t at Atlantic Tr. Co., tru s te e, 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
the cost of road and equipment.
D i v i d e n d s — From July, 1893, to July, 1895, dividends of 2 per cent
yearly paid J. & J., none since.
ROAD—Owns and operates from Broad River through City of N or
walk 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 19*3
miles. Road laid with 48 and 56 and 70 lb. T rails.
EARNINGS—For the year ending Sept. 30,1897, gross, $60,670; net *
$20,802; interest, $16,525; taxes, 3,486; balance, surplus for year,
$791. In 1895-96, gross, $50,161; net, $17,032; interest, $11,156.
OFFICERS—Prest., T. M. W aller; Vice-Prest., G. N. McKibbin; Sec.
Treas. and Supt., K. W. Mansfield.
64
STKEET
RAILW AYS.
N O R W IC H , CO NN.
P o pulatio n 1890
w as 16,192; and in 1880 w as 15,112;
NORWICH STREET RAILWAY-A trolley road.
O rganization —I ncorporated in 1882 and has a perpetual franchise
STOCK & Bonos — Miles. Date. Interest. Outstand’g Lastdiv., < c.
6
Stock ($600,00» a u - i .......... .
J - J $250,000 Ju lyl,’98,l p. c.
thorized—$100___ ( Dividends at Am. Loan & Trust Co., Boston.
1st moit., $350,000, $ 12: 1893 5«. A -O $265,000
Oct. 1,1923.
gold, $1,000......... ( Interest at Am. Loan & Trust Boston.
October 1,1897, hills payable, $24,759.
Mortgage of 1893 is for $350,000, of which balance unissued is re
served for improvement and additions, being issuable therefor only
under general laws of Connecticut to 75 per cent of actual cost of such
improvements and additions.
Dividends—In 1895 5 p. o.; in 1896, 5 p. c.; in 1897, Jan., 2*2 p. o.;
July, 2*2 p. c.; in 1898, Jan. 1 p. c.; in July, 1 p. c.
Road — Owns 12-46 miles of track, of which 11-915 miles main line and
branches and -55 miles sidings. Rails T 35,40,45 and 48 lbs. to the yard.
ANNUAL R e p o r t — For years ending Sept. 30 earnings w e re :
Gross.
Net.
Int. d taxes. Dividends. Balance.
t
1896-97......... $79,502
$26,318
$17,750
(5* $12,500 df.$^,932
1895-96....... 84,714
29,355
17,800
(5)
12,500 def. 945
1894-95........ 85,610
31,550
17,400
(5) 12,500 sur.1,650
Total surplus Oct. 1,1896, $16,581.
OFFICERS—October, 1897, President, B. P. Learned; Secretary &
Superintendent, W. L. Adams, Norw ich; Treasurer, W. A. Tucker.
O A K L A N D , CAL.
48,682; i n 1880 w a s 34,555
1870 w a s 10,500.
OAKLAND TRANSIT CO.- A trolley road.
ORGANIZATION—Incorporated in 1898 by the “ Realty Syndicate ”
as a consolidation, it is understood, of the following companies con
trolled by it: Central Avenue, East Oakland Street, Oakland Consoli
dated, Highland Park & Fruitvale, Alameda Oakland & Piedmont,
Piedmont & Mount. View Ry. See V. 64, p. 287.
STOCK & Bonds —
Mis. Date. Interest. Outstand’g. Maturity.
Stock, $5,000,000 (p ar$50) .........................
(!)
........ ....
Central Ave Rv la t M sr (5*41892 6g M-N $120,000
1922
SI 000 sink f e *
g’’ \ Interest is payable at California Tr. Co.,
$i,ooo, sink, i . c ............ £ Trustee. San Francisco, Cal.
Oak. Consol. St. Ry. 1stM. ( . . 1894 6g. F -A $361,000 Aug. 1,1911
$500,000 g., $1,000— . ( Trustee, California Safe Dep. & Trust Co.
$287,000 ................
Al. Oak. & P. 1st M ............... ....................
Oakland Tr. M. $1,400,000 .. i898 ..........
(!)
................
A meeting was to be held on July 6,1898, to act on proposition to
make a consolidated mortgage securing $1,400,000 gold bonds to pro
vide for existing bonds and for other purposes. V. 66, p. 1190.
R o ad — Understood to embrace about 93 miles of track.
D ir e c t o r s — F. M. Smith, E. a . Heron, F. C. Havens, W. H. Martin.
D. D. Harris, J. C. Winans and Charles R. Bishop, Y. 66, p. 1190.
P
o p u l a t io n
1890
and
w as
in
OAKLAND RAILROAD— cable and trolley road.
A
R O A D — Said to operate 16-2 miles of track.
Supt., Geo. Y. Loring.
OAKLAND SAN LEANDRO & HAYWARDS
ELECTRIC RAILWAY CONSOLIDATED
Principally a trolley road,
. O r g a n iz a t io n —A consolidation May 8, 1894, of the Oakland San
Leandro & Haywards Electric Railway and the Twenty-third Avenue
Electric Railway cos., the bonds of each being assumed. Annual
meeting third Saturday in July.
STOCK & B onds —
Date.
Interest. Outstanding. Maturity
Stock ($1,000,000 auth.)>
n w 5 8,000 shares. )
—$100........................ 5 ........
* ( $ 22-6212 pd. in. 5
.......
Oak. San Leandro & Hay. > 1892 6g M -S
$250,000 Mar. 1,1922
Ry.lstM.gold$1000ea.) Interest is payable by check.
23d Ave. 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.
Bonds—
In January, 1898, there were no other bonds outstanding
No additional bonds can be issued under the mortgages of 1892 and
1893, above described. Both mortgages have sinking fund commenc
ing ten years after date and increasing from 2 per cent yearly (of total
bonds outstanding) for the first five years to 8 per cent for last five
years. The bonds are not subject to call before maturity.
Stock for $200,000 was in the treasury on Jan. 10,1895.
R oad —In May, 1898, was said to operate 25 miles of track, all but
1*2 miles being electric.
O F F IC E R S — President, H. W. Meek ; Vice-President, Wm. J. Landers ;
Secretary, A. L. Stone; Treasurer, C. E. Palmer. Office, Oakland, Cal.
O G D E N S B U R G , N. Y .
P o pulatio n 1890
w as 11,662; in 1880 w as 10,341;
and in 1870 w as 10,076.
OGDENSBURG STREET R Y . - A trolley road.
O r ganization —Chartered Deo. 22,1885.
STOCK & B onds —
Date.
Interest.• Out>tanding.
Maturity
Stock, $150,000 ($100) .......
.......
$150,000
y
1st mort. ($500, &0.) , QOan
-tKnnnn
a ' ' ' ' ‘V "' "
$150,000................. 1895
6 M-S 2
150,000
Sept. 2, 1925
Mortgage trustee, West End Trust Co., Philadelphia
ROAD—Owns ID miles of track laid with 48 lb. rails.
E arn in g s —From Jan. 1 to July 31, 7 months, gross $10,432 in 1898,
$9,995 in 1897. For year ending June 30,1897, gross, $16,689; net,
$7,841; interest and taxes. $6,933; balance, surplus, $908.
O fficers —P resident, H. A. Sage, Easton, Pa.; Vice-President, J. F
Dolan; Secretary, H. W. Cooley; Treasurer, J. B. Reilly.
O rganization —Chartered March 1, 1880. In July, 1897, werfr
authorized increase of stock from $16,000 to $300,000, and $300,000
new bonds for paving and extension to East Olean, Weston’s Mills and
Portville.
The securities, road, earnings, i Ea r n ln g s — For year ending June
etc., are as follows:
30 earnings w ere:
Stock $300,000, par $100.
(!)
1897.
1896.
lstm . 6s, J&J, May 1, ’23.$75,000 Gross.................$26,122 $27,789Consol. M. $300,000)
Net....................
6,738
9,025gold 5s, J-D, 1927.. (
$20,000 Interest & taxes. 6,433
6,026Bills payable June 30, ’97. 13,994 Balance, surplus.
305
2,999Road —Owns 5-54 miles of single Total surplus___ 22,664
22,359track and -82 of sidings.
OFFICERS—Pres., John Fobes; Sec. and Treas., G. H. Strong.—V. 65
p. 152.
O M A H A, NEB.
P opulation 1890 WAS 140,452 ; IN 1880
and in 1870 was 16,083.
w as
30,518 ;
DUNDEE PLACE CAR L I N E —An electric road.
Road , Et c .—Operates 1*2 miles of track.
President, R. W. Patrick*
EAST OMAHA STREET R Y *—A trolley road.
O rganization —Chartered April 18, 1893, 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 for the same time exclusive rights across the
Omaha Bridge & Terminal Company’s bridge, spanning the MissouriRiver and leading to Council Bluffs, Iowa. This latter franchise is
regarded as very valuable. A t present lines are only operated in the
suburb, East Omaha, but they will ultimately be extended to Council
Bluffs.
S tock & D ebt —A uthorized capital $1,000,000, par $100; issued
and outstanding, full paid, $86,750. No bonds. Unfunded indebted
ness Nov. 1,1897, $12,022.
Dividend of 6 per cent paid January, 1894; none since.
Road—Operates 5*s miles of single track on 3*2 miles of street.
Gauge 4 feet 8*2 inches. Rails 40 lb. T and 45 lb. girder.
EARNINGS—From April 18,1893, to Jan. 1,1895, were as follow s:
Gross...............................$37,783 I Dividends......................... $9,210
Net................... .............. 10,871 |Surplus earnings..............
1,661
O F F IC E R S — President, Arthur S. Potter; Vice-President, Dudley
Smith; Treasurer, H. W. Y ates; Secretary, John R. Webster.
OMAHA STREET R A I L W A Y —A trolley road.
ORGANIZATION—Incorporated Jan. 1,1889. This is a consolidation
of all the street railway properties of the city operated by cable, hors#
and electric powers. Has the benefit of three franchises and is author
ized to use any motive power except steam.
STOCK & B onds —
Date. Interest.
Outstanding.
Maturity.
Stock ($100)........................
M . - N . $5,000,000 f. p. In ’95-6, tL%
Om. St. Ry. 1st consol.
M .,$2,500,000, gold.... 1889 5g. M.-N.
2,250,000
May 1,1914
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.
Dividends.—During fiscal year 1895-6 paid dividend of 1 p. c., oall.
ing for $50,000.
R O A D — Operates about 90 miles of track. During 1895-6 spent
$60,000 for new construction and equipment.
Weight of rail (T and girder) 45 lbs., 58*2 lbs.; number of cars, 270.
EARNINGS -F o r year ending 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; interest
charges, $122,995; bal., surplus for year, $86,878; dividend (1 p. c.),
$50,000. In 1894-5, gross $596,949; net $228,767; interest on bonds,.
$125,029; balance, sur., $103,738.
OFFICERS—President, Frank Murphy; Vice-President, Guy C. Barton
Treasurer, W. W. M arsh; Secretary, D. H. Goodrich; General Mana
ger, W. A. Smith; General Supt. and Purchasing Agent, F. A. Tucker.
OMAHA & COUNCIL BLUFFS RAILWAY
& BRIDGE—An electric road.
O r g a n iz a t io n — Obtained a new charter for 50 years from Oct. 1,
1897. The Union Pacific Railway Co. in 1888 sold its interest in the
Council Bluffs St. Ry. Co. to this company.
Refunding.—In August, 1897, sinking fund payments for $66,667
were in default and total floating debt was $171,657. Negotiations
were pending for refunding bonds at lower rate of interest.—V
65, p. 236.
STOCK & Bonds —
Date.
Interest. Outstanding.
Maturity.
Stock..........................
.......
..........
$1,500,000
................
1st mort. (see below) ) 1888.
6 g J -J
400,000 Jan. 1 ,1908gold,$l,000.sinking > Subject to oall at 110 in 1899.
fund, $500,000.. .o* ) Int. at Mercantile Trust Co.(trustee), N.Y. City,
Council Bluffs St. Ry. ) 1889.
5 g J-J
$250,000
July 1, 1909
IstM . $250,000 gold (Subject to call at 106 in 1899.
$1,000 guar. p. & i. (Interest at Mercantile Trust Co., trustee, New
(end.) sinking fund o* J Y ork City.
Road —Operates 25 miles of track.
Bonds—Additional bonds may be issued at $25,000 per mile for road
acquired and unencumbered. 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; Treas
urer, J. H. Millard; Gen. Supt., W. S. Dimmook.—V. 65, p. 236.
O R A N G E , N. J.
P o pulatio n 1890
w as 18,844; in 1880 w as 13,207;
and in 1870 w as 9,348.
ORANGE MOUNTAIN TRACTION CO.-
O L E A N , N. Y .
P opulation 1890
was 7,358; in 1880 w as 3,036;
and in 1870 w as 1,327.
O LEAN STREET R Y —A h rs a d tro
o e n
lley o d
a.
O r g a n iz a t io n —Successor to Orange Mountain Cable Co. sold Oct. 9,
1895, to Charles E. Eimerman, of Philadelphia, for $10,550.—V. 61, p,
662. Stock, $100,000; par $100. January 1, 1898, funded debt was
$28,260; “ other debts,” none. Owns 1*2 miles of cable incline
extending to top of Orange Mountain, in Township of West Orange.
STREET
RAILWAYS
For year ending Dee. 31,1896, gross, $5,173; net, $3,076. Not operated
during 1897; reopened about April 1, 1898. President, Frank Brewer,
Orange Valley, N. J.; See., A. F. Skinner, Belleville, N. J.; Treas., J hn
O’Rourke, Orange, N. J.—V. 60, p. 968,1010; V. 61, p. 366, 662.
SOUTH ORANGE & MAPLEWOOD TRAC
TION.O r ganizatio n —Owns no road but leases, it is understood, tbe South
Orange & Maple wood St. Ry. Stock authorized and paid in to Jan. 1,
1898, $25,000; bonds have been authorized, but none issued to date
mentioned; other debts $11,000; cost of equipment and appurtenances
owned, $10,600. Treasurer, Wm. M. Haines.
65
Fulton d Oswego Falls Mortgage.—These bonds are deposited with J,
k
Walker & Sons, Mills Building, N. Y.
Road —11^ miles of track, of which old Fulton & Oswego Falls, 1 ^
miles, operated with horses, but in August, 1898, steps were being
taken looking to change of motive power to electricity.
E a r n i n g s — Year ending June 30, 1897, gross, $21,099; net, $1,446;
taxes and interest, $9,014; deficit for year, $10,460.—V. 65, p. 273
O T T A W A , ILL.
P
o p u l a t io n
in
1890, 9,985;
in
1880, 7,834.
OTTAWA STREET RAIL W A Y . - A t r o l l e y .
SOUTH ORANGE & MAPLEWOOD STREET O r g a n iza tio n .—P urchased the Ottawa Electric Street Railway
Commenced operations July 1,1897.
RY.—A trolley road.
R eceivership —In January, 1893, L. W. Hess was appointed receiver,
O r g anization —Owns 5*2 miles built through private property. Con
nects Orange Field Club grounds with business sections of the Oranges, and the company was in Aug., 1898, being reorganized by Griffith,
connects at South Orange with the D. L. & W. Ry., the Newark & Donnell & Co. of New York. Population in 1897 (localcensus), 16,000STOCK AND B onds .—Capital stock authorized and issued, $100,000,
South Orange Electric Ry., and gives transfers to the Suburban Trac
tion Co. at Orange Valley; at Orange connects with the Watchung First mortgage 5 per cent gold bonds—authorized $100,000; issued,
branch of the Erie Ry. and the Consolidated Traction. Began opera $90,000; in treasury, $10,000 ($1,000 each) for contemplated extension
R oad .—E ight miles of track; 56-lb. center-bearing and T rail.
tions October 1,1895, power being furnished by the Suburban Traction
OFFICERS*—President, F. S. Donnell, New York; Vice-President and
Co. Stock issued $100,000; debts Jan. 1,1898, about $59,538. Cost
Treasurer, C. A. Gregory, Boston.
of road and equipment to Jan. 1,1898, $184,538.
Road —Orange to South Orange, 1*3 miles of road, 2 6 miles of track*
Extensions proposed to Valley Road an ! Forest Street. For year
ending Dec. 31,1897, gross, $5,026; net, def.,$1,657. Treasurer, Wm.
P o p u l a t i o n 1890 w a s 14,001; i n 1880 w a s 9,004;
M. Haines.
a n d i n 1870 w a s 5,214.
O T T U M W A , IO W A .
ORANGE & PASSAIC VALLEY Y .-T r o lle y r o a d .
R
O r g a n iza tio n —Incorporated in 1898 as successor of Suburban
Traction Co.; sold in foreclosure July 6,1898. To be controlled by or
operated in harmony with North Jersey Street Ry.
„ STOCK & B onds —
Date. Interest. Outs’ding.
Maturity
Stock, $1,000,000.......................
(Î)
O r.& B l Crosstown Ry. 1st )
" "
« ro non
M., assumed..................j ----$60,000
..............
8ub.Trac. Consol. M.. guar- i l c93
___
150,000
anteedloan, assumed.... \ Amer. Loan & Tr. Co., Boston, Trustee]
New mortgage.................. 1898
(1)
Road —The Suburban Traction owned 10 miles of track on 7 miles of
streets. Rails 80-lb. girder, 56-lb.T and 45-lb. chair. Extension proposed
from Bloomfield to connect at Upper Montclair with line being built
by North Jersey Street from Montclair to Passaic and south from
Orange Valley to South Orange.—V. 67, p. 75.
EARNINGS—For years ending Dec. 31 earnings of Suburban Traction
w ere:
Earnings.
1897.
1896.
Expenditures.
1897. 1896.
From passeng’rs.$60,091 $63,786 Repairs............. $11,624 $15,361
Other sources....
588
4,460 Sup’intend. &man.49,878
52,637
OFFICERS- President, Charles A. Sterling; Vice-President, William
Scheerer; Sec. and Treas., John H. Ely.—V. 67, p. 75.
OTTUMWA ELECTRIC R Y — tro
A lley ro d
a .
O rganization —Chartered Sept. 4, 1889. Street railway franchises
expire in 1918; electric-light franchises, one in 1907, the other perpet
ual; steam heating perpetual. In April, 1896, J. H. Merrill was made
receiver. Coupons due June, 1895, and since are in default.
Foreclosur e —P roperty, including railway, heat and power plant,
sold under foreclosure on April 28,1898.—V. 66, p. 901. In June, 1898
the sale was confirmed by the Court and it was said the property
would be reorganized at onoe.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
Stock ($500,000 authorized)........................
$300,000 . . . : .............
1st M , $200,000 gold......) 1892 6 g. J - D
200,000 June 1,1912
S.f.not sub.to call $1,000. c* > 1 1 Tr. & Sav. Bank, trustee, Chicago.
1.
R O A D — In 1898 company operated 6 miles of track in city of Ot
tumwa, Iowa. A ll by electricity. Weight of rails, 38 lbs. girder and
40 lbs. T* Also does municipal, commercial and residence electric
lighting; supplies electric power for stationary motors, etc., and
operates a system of steam heating, with 3 ^ miles of maius.
OFFICERS—President and General Manager, W. R. Daum; Vice-Presdent J. B. Sax; Sec., GeorgeF. Hall; Treas.. C. F. Blake.—V. 66, p. 901
OW ENSBORO, KY.
P
O S H K O S H , W IS .
P
o p u l a t io n
1890
22,836; i n 1880
1870 w a s 12,663.
w as
an d
in
w as
15,748;
O rg anizatio n , ETC.—In 1897 this company purchased the Oshkosh
St. RR. for $37,000. Road now owned comprises 14 miles of track*
Population of Oshkosh and South Oshkosh in 1897 was given as 32,000.
„STOCK and B onds —
Date. Interest. Outstand’g. Maturity.
Stock,1$250,000............................................ $250,000 ..............
1st mortgage, $250,000, <
1897 5 g. J-D
250,000 Dec. 1,1927
gold........................ c* t Int. at West End Trust, Phila., trustee.
President, George J. Kobush; Secretary, J. K. Tillotson; Treasurer,
Otto U. Van Shraeder.—V. 64, p. 799.
1890
AND
21,842; i n 1880
1870 w a s 20,910.
w as
in
w as
9,837 ; i n 1880
1870 w a s 3,437.
w as
in
21,117;
LAKE ONTARIO & RIVERSIDE RAILWAY
w as
6,231 ;
OWENSBORO CITY RAILROAD— tro
A
lley ro d
a .
F n h e ru s till a d
ra c is
n 1936 n
g es e c s e rig ts to o e te s e ra a in s id c .
iv
x lu iv
h
p ra
tre t ilw y
a
ity
ORGANIZATION—C a re in
h rte d 1886.
STOCK & B onds —
Miles. Date. Interest. Outstand’g Maturity.
$50,000 f . p................
Stock, $50,000 (par $50).................................
1st .
M., v
$500 each........... < Interest 8 ? Louisville Banking r.
L 8? 1 ? at t 6
3
¿ 5 ’9 2 °
1908
Company.
2d $100,000 ($500), cur., < 8Js 1894 6 J-J
75,000 Jan. 1,1917
not subject to call....... < Interest at Louisville Trust Company,
Bonds—Of second 6s $25,000 reserved for first mortgage when due.
Road—Owns 8*2 miles of trolley t' ack in Owensboro and suburbs.
OFFICERS—President, W. E. Whitely; Secretary, R. A .M iller; Treas
urer, J. H. Parish.
PADUCAH
O S W E G O , N. Y .
o p u l a t io n
1890
an d
CITIZENS’ TRACTION CO.— trolley road.
A
P
o p u l a t io n
KY.
>
1890 w a s 12,797; i n 1880 w a s 8,036;
i n 1870 w a s 6,866; a n d i n 189s ( e s t i m a t e d ) 23,000.
PADUCAH RY*& LIGHT C O * - A trolley roao.
ORGANIZATION—Incorporated in 1893 as a consolidation of the entir
street railway and electric-lighting plants of Paducah.
Acquired
Paducah Street Railway.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Stock, par $100....................................... .
$200,000
1st mortgage $400,000 gold. 1890 6 g. J - J 250,000 Jul’y i, 1918
Interest at American Trust & Savings Bank, Chicago, Trustee.
Sinking fund July 1,1903, 3 p. o. annually of amount outstanding.
Bonds are redeemable at 105 after 10 years.
R o a d — Operates about 14 miles of track and new extensions were
building in August, 1898.
OFFICERS—President, Geo. C. Thompson; Secretary, T. J. Flournoy
Manager, Geo. C. Wallace. - V. 67, p. 127.
P
o p u l a t io n
in
trolley and hotse road.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
Stock, $300,000 (par $50)............................. $300,000 .......
Receivers’ certificates.......... 1897 ............ See text.
Oswego St. Ry. 1st M.,g., s.f. J 1891 6g. A - 0
125,000 O c t."r,1 9 li
2 p. c. yearly after ’96. .c* ( Subject to call at 105 after Oct. 1,1896
Int. defaulted Apr. 1,1896. Trustee, Knickerbocker Tr. Co., N. Y.
Fulton & Oswego Falls \ 1886
6
$15,000 July 1,1896
m ortgage...................... 5 Interest and principal in default.
Lake Ontario & Riverside—
Mort., $300,000, go ld ....... 1896 6g. M-S
147,000 Mar. 12,1926
• Interest defaulted Sept. 1,1896. Trustee, Guaranty Trust Co., N. Y.
R E C E IV E R — F. H . Tidman appointed Oct. 3,1896, interest due Oct. 1
o n Oswego St. Ry. firsts not having been paid.—V. 63, p. 652. Fore
closure suit under Oswego Street Railway first mortgage of 1891
begun in February, pending in November, 1897.
REORGANIZATION.—Committee composed of Robert Maclay, C. Sidney
Shepard and M ax B. Richardson have prepared the following plan.
P o p u l a t i o n i n 1890 w a s 13,028 ; i n 1880 w a s 6,532.
Plan.—Either or both Oswego St. Ry. first mortgage and L. O. & r !
PASSAIC & NEWARK ELECTRIC TRAC
A
lley ro d
a .
first mortgage to be foreclosed. New company to issue: Common TION— tro
■ t o o k , $200,000; 4 per cent non-cumulative preferred, $100,000; first
O rganization —Incorporated April 30,1895, and acquired all the
mortgage 30-year 5 per cent gold bonds, $100,000; and second mort $1,000,000 stock (no bonds outstanding) of the Passaic & Newark
gage 30-year 3 per cent gold bonds, $200,000. Holders of the $125, Electric Ry. Consolidated Traction Co. of New Jersey, which operates
000 old Oswego Street Ry. bonds will receive 100 per cent in the new" the road, owns all the stock and guarantees the bonds.
second mortgage bonds, 50 per cent in the new preferred stock and 25
S tock & B onds —
•
Date. Interest. Outstand’g. Maturity.
V
per cent in the new common. The new first mortgage bonds w ill be Stock., $1,000,000 (par $100)........................ $1,000 000
1st M.,$1,000^00,guar. p&i.< 1897 5
J-D
550,000 j ü n ë i ] 1937
available for improvements, floating debt, etc. See V. 65, p. 278.
by Consol. Trac, of N. J . . ,\ Int. at N. J. Title Gu. & Tr., Jersey City
Bondholders' Committee—Oswego St. By. lets.—8. M. Coon, Oswego;
Road —Owns 10*78 miles of track.
C. Sidney Shepard, New Haven, N. Y.; M. B. Richardson, Oswego ; de E a r n i n g s — Year 1897. gross, $43,054; in 1896, gross, $11,729.
positary, Knickerbocker Trust Co., N. Y.; about 98 per cent of these
OFFICERS-President, Bird W. Spencer; Secretary, W. G. Shailer
bonds has been deposited.
Treasurer, F. M. Stillman.—V. 61, p. 420.
P A S S A IC , N. J.
STEEET
66
P A T E R S O N , N. J.
P o pulatio n 1890 w as 78,347; in 1880
AND IN 1870 w as 33,579.
w as 51,031;
THE NEW JERSEY ELECTRIC RAILWAY.
—A trolley road, known as the “ White Line ”
Population in 1897 re
ported over 100,000.
O r g a n iz a t io n — Incorporated in November, 1894. For further de
tails as to organization see Supplem ent of May, 1898.
R e c e iv e r s h ip — President J. L. Heins (Hoboken, N. J.), was appointed
receiver in Dec., 1897—see V. 65, p. 1174; V. 66, p. 288.
STOCK & Bonds —
Miles. Date. Interest. Outstand’g. Maturity.
Stock, $3,500,000 ($ 1 0 0 )................................ $2,287,900 ...............
Mort., $3,500,000, gold......... 1894 5 g. text.
2,367,233 N ’v.1,1944
Other debts Jan. 1,1898............................. .
756.917 .............
M ortg AGE—Trustee is the Mercantile Trust Co. of N. Y. City. Interest
has been paid partly in scrip, but is now in default.
R oad —An electric railway projected between Greenwood Lake,
Singac, Paterson, Passaic, Rutherford, Hoboken and Jersey City—total
60 miles. Jan. 1,1898, 40-57 miles of track reported as operated.
E A R N IN G S — For the year 1897, $246,548; other income, $2,036; the
“ expenditures for repairs” were $41,735; and for operating, $163,799;
balance.net for year, $43,050. In 1896 gross, $195,909.—V. 65, p.
1174; Y. 66, p. 288.
PATERSON R A I L W A Y - A n electric road.
O r g a n iz a t io n — Incorporated May, 1890, with a perpetual charter.
STOCK & B onds —
Date.
Interest.
Outstand’g. Maturity.
Stock ($100)............................
...... $l,250,000f.p___•...........
Paterson Ry. 1st M ............ 1888 6 J .-D .
$200,000 June 1,1908
Paterson Cit.v Rv M
5*890 6 F ‘ " A 50,000 Aug. 1, 1907
raterson city ity m ......Interestat First National Bank of Paterson.
Consol. M., gold, $1,250,- $ 1891 6 g, J .-D .
1,000,000 June 1,1931
000 ($1,000).............. c ( Trustee, Knickerbocker Trust Co.
2dven mort «300 000
51894 9 A .- O .
300,000 Oct. 1, 1914
Zd gen. mort., $300,000.. £ Trustee, Paterson Savings Institution.
................
Other debt Jan. 1,1898........................ ........... $111,729
Total funded debt Jan. 1,1898, was $1,550,000; total cost of road,
oar houses, etc., $2,708,631.
L a t e st E arnings —6 mos.,) 1898.....Gross, $172,003; net, $71,619.
Jan. 1 to June 30.
>1897.....Gross, 158,257; net, 69,096.
Fixed charges 6 months $53,625 in 1898; $51,324 in 1897.
E arnings —For years ending December 31 earnings have been:
Years—
Gross.
Net.
Fixed Charges. Bal., sur.
1897.....................$347,023
$150,318
$109,555
$40,763
1896 .................
319,085
128,556
106,683
21,873
1895..................... 298,688
124,070
97,264
26,806
R oad —Operates 40 miles of track in Paterson, N. J., and extending
to Passaic, Garfield, Clifton, Haledon and Acquackanonk City.
OFFICERS—President, G. A. Hobart; Sec., Albert A. Wilcox; Treas.,
Hobart Tuttle; Purch. Ag., J. R. Anthony, Jr.—V. 62,p. 365.
PATERSON C EN TRAL
RAIL WAY-A. tro
lley ro d
a .
ELECTRIC
R eceiversh ip —William Barbour and Charles Curie were appointed
receivers in Jan., 1898, on application of President.—V. 66, p. 135.
Stook, par $100....... $150,000 f. p.
E arn in g s —Years ending Dec. 31
1st mort. 5s, 1915
-----1897
1896.
bonds sold.............
46,000 From pass’s......$13,795 $19,081
Other debts J an. 1,98
30,952 Other income___
206
668
Cost road and equip.
154,045 Oper. expenses.. 21,065
25,102
ROAD—Owns about 3 81 miles of Interest charges 2,873
track, gauge 4 ft. 8 ^ in., laid with Bal.. def.. for yr. 9,937
5,353
In 1895, gross, $21,987; net,
45 and 58*2-11». g. rails, and has 18
oars; Westinghouse motors.
$617. %
OFFICERS—President, William Barbour; Sec., John R. Beam; Trea^.,
Hobart Tuttle; Purch. Agent, R. Anthony, Jr.—V. 66, p. 135.
P E E K S K IL L .
P o pulatio n
in 1890 w as 9,676; and in 1880 was 6,893.
RAILWAYS,
PEORIA & PEKIN T r a c t io n O r g anization —I ncorporated Aug. 5,1897, to build from Peoria to
Pekin. Leased Peoria Terminal RR. for 50 years from December, 1897.
STOCK & B onds —
Date.
Interest. Outstand’g Maturity.
$300,000
..........
Stock, $500,000...............................................
1st M., $500,000, gold, reg.,) 189
5g. J-J
(?)
1928
$1,000 each....................> fnt at Royal Trust Co., Chicago, trustee.
Road —Fifteen miles of track, electric and steam
O F F IC E R S — President, T. J. Miller; Vice-President, E. J. Darst; Sec
retary, A. M. Hewes; Treasurer and General Manager, L. E. Myers.
P H IL A D E L P H IA , P A .
P opulation 1890
was 1,046,964; in 1880 w as 847,170
and IN 1870 was 674,022.
UNION TRACTION.— tro
A
lley ro d
a .
O r g a n izat io n -Chartered September 13,1895, and acquired practi
cally all the shares of the Electric Traction and People’s Traction Com
panies in .place of which were issued collateral trust certificates
secured by the shares' placed in trust.
In July, 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 stook
and has “ assumed” its 4 percent collateral trust bonds. V. 61, p. 663.
Leases (from Jan. 1 ,1898),Hestonville Mantua < Fairmount Passen
fe
ger Ry. for 999 years at 6 p. c. on preferred and 4 p. c. 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 com
panies. V. 6 1, p. 152,197, 283, 663.
Int. or
OutMaturity or
STOCK & B onds — Date. Dividends, standing.
last dividend.
Stock, $30,000,000,) .......................
598,609 shares................. .
par $50............... >
(See text.)
Trust Co.certiflcates ) 1895 4 g, 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.
Hestonville loan (ext.,) 1897 6 p. o. about $2,500,000 Nov. 15,1893.
STOCK—The stock authorized is $30,000,000; par, $50. Issued 598,
609 shares, on which the first instalment of $5 per share was due the
31st of Ootober, 1895, and a second instalment of $5 per share was
payable Mar. 2,1896, and $2*50 per share on March 1,1897.
H e s t o n v il l e L o a n .—in Nov., 1897, to buy the stock of the
Hestonville Mantua & Fairmount Road, a temporary loan of about
$2,500,000 was seoured, and in May, 1898, this loan was extended for
six months at a rate said to be 6 per cent. V. 66, p. 1003. Later it is
understood that another instalment will be called on the Un. Tr. stock
to take up this loan.
T r u s t C e r t if ic a t e s —The trust certificates are not the direct obli
gations of the 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
seoured by a deposit with the Trust Co. of al i the shares of the stock
of the Electric Traction Company and the People’s Traction Com
pany thus purchased. 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 a n l after Oct. 1, 1945.
Under terms of lease the bonded debt of both Hestonville M. & F.
Pass. Ry. and Fairmount Park & Haddington companies were as
sumed.—V. 66, p. 230.
The capitalization of the Union Traction system and the fixed charge
^estimated) for year ending September 30,1896, follow :
C A P IT A L IZ A T IO N .
Guaranteed rentals..
Guaranteed interest.
Rent, Ph. Traction...
Interest, coll. tr. 4 s..
Taxes,all companies.
$2,135,000
580.000
1,600,000
1,189,000
600.000
$129,301,800
21,000,000
Less rent & int. reo...
$6,104,400
215,000
PEEKSKILL TRACTION CO.-Tobe a tro
lley ro d
a .
O R G A N IZ A T IO N — Incorporated in May, 1898, with a capital of $150,
000, to construct an electric railway in and between Peekskill and the
towns of Cortland and Yorktown. Incorporators: Charles Mason,
James A. Haight, Frank Frye, Charles N. Wells, Jay R. Decatur, Mat.
thew Clune, James F. Martin and Hanford Smith of Peekskill and Jacob
Larrsch of New York City.
P E O R IA , ILL.
P o pu latio n 1890
w as 41,024; in 1880 w as 29,259;
and in 1870 w as 22,849.
CENTRAL RAILWAY.— tro
A
lley ro d
a .
O R G A N IZ A T IO N — Chartered March 31, 1888.
Charter amended in
August, 1895, when Fort Clark Street Ry. was merged.
STOCK & B onds —
Miles. Date. Interest. Outstand’g. Maturity.
Strk $750,000(par, $100).................................. $750,000 ............. *
1st M.,$750,000,gold,) .......
1895 5 g.A & 0
500,000 A p r.l,1915
($1,000).............. o* > Interest atN.Y. Security&Tr.Co., N.Y.,trustee.
Bonds of 1895 cover the entire system, including the lines of the Fort
Clark St. Ry., control of which wasacquiredin Aug.,1895. V. 61, p. 793.
ROAD—Owns 19 miles double and 3 m. single-track; total, 41 miles
EARNINGS—For 7 months from April 1 to Ootober 31,1895, on 41
miles, gross, $177,885; net, $76,532. For years ending March 31 earnngs on 27 miles (not including Fort Clark Street Railway) were as
follow s: 1894-5 gross, $201,051.
OFFICERS—President, Walter Barker; Secretary, J. N. W ard; Treas
urer, H. J. Woodward; General Manager and Purchasing Agent J.
Finley; Superintendent, P Brady. I n d e x — V. 61, p. 793, 966.
GLEN OAK & PROSPECT HEIGHTS RAIL" W A Y —A trolley and steam road.
O r g a n iz a t io n —a consolidation of 1896. stock issued, $81,000;
first mortgage gold 6s (M&N), due 1916, $100,000; Royal Trust Co. of
Chicago, trustee; miles of track, 7‘2. President, M. Sieberling.
F IX E D C H A R G E S.
Constituent Companies —
Capital stock........... $57,891,200
Funded debt....... .
11,675,600
Union Traction Co.—
Capital stock..........
30,000,000
Collateral trust4s... 29,735,000
Less stocks in trust..
Total net charges.. $5.889,400
Total net oapital’n.$108,301,800
ROAD—On June 30,1897, op3rated 424 miles of track. On Jan. 1,
1898, leased Hestonville Mantua & Fairmount road, 24 miles, making
total in 1898 418 miles.
A n n u a l R e p o r t —Fiscal year ends June 30. Statement for 1897-8 ,
with balance sheet, was given in V 67, p. 175, showing earnings:
Receipts
from
all
Fixed charges & taxes. $6,490,442
sources................. $10,971,437
------ ------- —*
$24,620
Op. exp. (40*6 p. c.)... 4,456,375 Bal., sur. for year.......
Net income............. $6,515,062
Figures for the year ending June 30,1896, which were made up
from the separate reports of the four compmies to the Secretary o f
Internal Affairs, are given below, in comparison with the figures of the
report for the year just closed, for what they are worth:
1896.
1897.
Passengers carried.............228,102,758 234,848,897 6,746,139 dee.
Receipts from passengers..$10,331,015 $10,202,849 $178,166 dec.
During 1896-97 $1,951,985 was spent on capital accounts (including
$1,493,590 received from instalments on shares), of which $954,526
was for construction work, $385,878 cor stocks of underlying com
panies and $533,961advanced in open account; balance miscellaneous.
OFFICERS— President, John Lowber W elsh; Vice-President and Gen.
Manager, John B. Parsons; Secretary and Treasurer Charles O. Kruger.
DIRECTORS (Sept., 1897)—John Lowber Welsh, John B. Parsons,
William H. Shelmardine, P. A. B. Widener, William L. Elkins, Thomas
Dolan, George D. Widener, James M jManes, Jeremiah J. Sullivan,
Alfred Smith and Alexander M. Fox.—V. 66, p. 1142; V. 67, p. 175.
Lines Controlled b r Union Traction To.
( 1 ) CA TH A R IN E & B A IN B R ID G E STREETS R Y —A trolley road.
O R G A N IZ A T IO N —Incorporated May 14,1889, and leased to the Phila
delphia Traction March 1,1890, for 99 years, and since Oct. 1, 1895,
STREET
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. Rental is $24,000 yearly, besides interest and taxes.
S t o c k & B o n d s — Miles. Date. Interest. Outst’d'g. Last div., etc
Stock, par $50.............. ' ................ 6%M-S $400,000 Mar.,’98,3%
lstM.$150,000($l,000)c .... 1890 5 x A -0 150,000 Apr. 1,1920
Open acct. July 1,1896...............................
234,698
.............
In fest at Land, T. & T. Co., trustee, Penn. Co. for Insur. of Lives, etc*
Dividends—Dividend of 6 per cent have been paid.
R o a d — The road aggregates 11*36 miles of track.
( 2 ) CITIZENS PASSENGER R A I L W A Y -
RAILWAYS.
67
Interest on both loans at Guarantee Trust & Safe Deposit Co.
Stock—Paid in $572,800; $15 per share on 20,000 shares and $35'
per share on 10,000 shares.
R o a d — Owns 31 miles of track.
( 8 ) G R EE N & COATES STREETS P H IL A . PASSENGER RY.—A
trolley road.
O r g a n iz a t io n — Incorporated April 21, 1858. Leased to People’s
Passenger Railway for 999 years from Sept. 1, 1881, at an annual
rental of $60,000, interest on bonds, and expense of management.
STOCK & B o n d s — Miles. Date. Intere
Outstand’g. Last div.,etC'
n I 510,000 shs. )
Stock, par $50......... ................. $ b Q J } $15pdin. $ July, 1898
3%
$100,000
July 15.’98
C ....... 1878 6x J-J
1st M. ($1,000)
.0 < Interest and dividen1 fi are paid at Real Estate
è
x Free from tax.
i Title Insurance & T ins tCompany.
Mortgage trustee, Fidelity Insurance Trust & Safe Deposit Company,
Dividends are 12 p. c. per annum. Owns 7 miles of road.
ORGANIZATION —Incorporated March 25,1858. Leased to Frankford
& Southwark Passenger Railway Company April 1, 1892, for 999
years for the following guaranteed dividends per share per annum;
1st year, $11 50; 2d, $12; 3d &4th, $12 50; 5th & 6th, $13; 7th and
thereafter, $14. This lease was assumed by the Electric Traction
Company July 1,1893. The Union Traction now operates the road.
( 9 ) H ESTO NV ILLE M A N T U A & FA IR M O U N T
PASSENGER
STOCK & B onds — Miles. Date. Interest. Outstand’g. Last div., etc• R A IL W A Y .—A trolley road.
Stock $500,000 ($50).
11 .......
Q-J
See text.
See text*
ORGANIZATION—Incorporated April 6 , 1859. Franchise is perpetual
Stock paid in $192,500; $20 on 8,500 shares and $16 on 1,500
Operates from 52d Street and Lancaster Avenue over Arch, Race and
shares. Road, Columbia Avenue to Mifflin St., 11 miles of track.
Yine streets, etc. Commenced to operate with trolley in December,
( 3 ) C O NT INE NT A L PASSENGER R A I L W A Y - A t r o lle y ro a d .
1894. On May 6,1895, the Fairmount Park & Haddington Passenger
ORGANIZATION—Incorporated Sept. 3,1873. Leased Jan. 1,1880, to Railway was leased for 999 years, and a 6 per cent annual dividend
Union Passenger Railway Company for 99 years at rental of $6 per guaranteed on its stock, as below stated.
hare per annum, interest, taxes and operating expenses, and assigned
L ease —Hestonville M. & F. road leased from Jan. 1,1898, to Union
to Philadelphia Traction Company June 30,1884. Operated by Union Traction for 999 years at a rental of 6 per oent on the preferred and 4
Traction Company since October 1,1895. Stocks owned, per balance per cent on the common stock. By the terms of the lease the Fairsheet July 1, 1896, $600,000.
mount Park & Haddington lease is assigned to the Union Traction
STOCK & B o n d s — Miles. Date. Interest. Outstand’g. Last div., etc which assumes the dividends guaranteed on that stock. The Union
Traction assumes the bonded debt of both the Hestonville and Had
Stock, par $50.................. ....... $6 J - J ^$29^paidin! } *^ y
ul
1898
1st mortgage, ($500 J ....... 1879 6% J - J
$290,000
July 1,1909 dington companies and purchased most of the Hestonville stock, the
and $1,000)......c. ( Interest at Land, T. & T. Co., Philadelphia, Pa.
common at $45 per $50 share.— Y. 66, p. 236.
Due lessee for additions July 1,1896, $672,568.
S T O C K & BONDS—
Dale. Interest. Outstanding. Last div., etc.
Bonds are subject to drawings of $20,000 Deo., 1, yearly. Trustee
Common stock,par $50........ .
4 J -J { p a r t p ^ i n ! ! July’ 1898»
Land Title & Trust Co.
Preferred stock, par $50.......... 6 J -J 533,900 f.p. July, 1898,3%
r o a d — Owned July 1,1896,10*07 miles of track.
Fairmount Pass Ry. 1st... 1861 6 J -J
124,500
July 1,1901
„ , __
..
. „ • ,* 1882 6 M - S
75,000
Mar. 1,1902
( 4 ) ELECTRIC T R A C T IO N Hest. Man. & F. 2d M .cx | interest at Guarantee Trust Co., Phila.
Consol. M.,$1,250,000 < 1894 5 gM -N
1,050,500
May 1,1924
ORGANIZATION— Incorporated May 8, 1893, and acquired control o
g., $500 & $l,000.c*x ( Trustee, Girard Life Ins. An. & Tr. Co.
the Citizens’ Passenger R y . the Frankford & Southwark Passenger Ry
Guaranteed rental 999 year lease—
and the Second & Third Street Passenger Ry.
»~ e **-A
S O ».»««
™ >-V 9 8.3%
In 1895 the Union Traction Company purchased practically all the
stock at the rate of $85 per share for each share on which $50 had
Interest is payable in Philadelphia, x Free of tax.
been paid and $70 per share for each share on which $30 had been
Common stock authorized, 39,322 shares; preferred, 10,678 shares;
paid, the Pennsylvania Co. for Insurance on Lives & Granting Annui par value of each, $50; stock outstanding as in table.
ties issuing therefor its guaranteed trust certificates. On July 1
Dividends—On preferred in 1895, 6 per cent; in 1896, 6 per cent; In
1896, the Union Traction Co. leased the property for 998 years and 3 1897, 6 p. o.; in 1898, Jan., 3 per ct. On common, July, 1896, 2*2 p. o.;
months. See V. 61, p. 197, and also “ Union Traction.”
in 1897, Jan. 2 ^ p. c.; July 2*2 p. o.; in 1898, Jan., none.
STOCK —
Par.
Dividends.
Issued.
Outstand’g
Consolidated mortgage for $1,250,000 was executed in 1894, of which
Stock (part $30 pd.) $50
.......
$8,297,920
See below t sufficient reserved for prior liens when due, and remainder, as also pre
Stock authorized, 175,000 shares of $50 each; issued, 152,396 shares ferred stock, sold to meet expense of electrical equipment.
of $50 paid and $22,604 shares of $30 paid, making total $8,297,920.
R o a d —June 30,1897, road owned 17*83 miles of track in Philadel
R o a d —On June 30,1890, operated 120*92 miles of track. Rail 90 lbs phia; leased and operated 6*25 miles; total, 24*08 miles. Rail in main
A n n u a l R e p o r t — Report for year ending June 30,1896, with balance track 90 lbs. Owns 153 cars.
sheet, was given in Y. 63, p.557, under “ JUnion Traction” showing
A n n u a l R e p o r t — For calendar year 1897 gross, $514,734, against
gross, $2,496,164; net, $1,225,956; other income, $75,538; interest
$549,896 in 1896—see V. 66, p. 131. Report to the State of Pennsyl
rentals and taxes, $1,161,335; dividends, $175,000; balance, deficit, vania for years ending June 30 show earnings as follow s:
$34,841. In 1894-95 gross, $2,112,280.—Y. 63, p. JS71897.
1896.
1897.
1896
Gross receipts..$534,344 $576,912 Interest.............. $67,632 $48,257
( 5 ) E M PIR E PASSENGER R A IL W A Y —A trolley road.
............
Operating exps. 310,732 344,402 Rentals............... 18,5f0
ORGANIZATION —Incorporated Feb. 10,1869. Leased Dec. 26,1873
Dividends.. ..
130,339 32,034
Net earns...$223,612 $232,510 Taxes & rentals. 51,779
29,l50
to Citizens’ Passenger Railway Company and the Seventeenth and
Bal., deficit...... 44,638 sr.123,069
Nineteenth Street Passenger Railway Company for 999 years. Trans
The passengers carried in 1896-97 numbered 10,415,290, against
ferred Oct. 1,1895, along with all right to dividends on 6,100 shares
11,142,897 in 1895-96, 7,560,094 in 1894-95 and 6,043,230 in 1893-94.
of its stock [then held by the Union Passenger Railway Co. as trustee
G E N E R A L B A L A N C E S H E E T J U N E 30, 1897.
and lessee], by lease of Philadelphia Traction to the Union Traction Cot
A
Liabilities.
STOCK & B o n d s — Miles. Date. Interest. Outst'n'g. Last div., etc.
Construction............... $1,336,265 Capital stock............... $833,281
Stock, par $50................................................ $600,000
.............
559.142 Bonds.......................... 1,250,000
lot Af 4.^00 000(500^ o 5 - - - • 1870
7 J-J
200,000
July, 1900 Equipment..................
30,528
1st M., $300,000 (500) .c. £ Interest at LandT. & T. Co., Philadelphia, Pa Real estate...................
438,859 Ground rents & mort...
100,000
1,514 Loan (F. P. & H. P. Ry.)
Miscellaneous.............
Due lessee Co. for additions July 1,1896, $705,715.
16,000
Cash ...........................
38,106 Accounts payable.......
E a r n in g s — For year ending June 30, 1896, gross, $497,870. In
Profit and loss.............
144,077
1895-6 paid dividend of 10 p. o. R o a d — Owns 10*25 miles of track.
Total................. .
$2,373,886
Total. $2,373,886
( 6 ) FR AN K FO R D & SO UTH W AR K PASSENGER R A IL W A Y —
OFFICERS— President, JohnB. Parsons; Secretary and Treasurer, D.
ORGANIZATION —Incorporated April 4,1854. Absorbed the Lombard C. Golden. Office, 4,300 Lancaster Ave. — 66, p. 131,133, 236.
V.
& South Streets Passenger Railway in 1890 and secured control of
( 1 0 ) P E O P L E ’S PASSENGER R A IL W A Y .—An electric road.
the Lehigh Ave. Railway in 1893. Leased to the Electric Traction Co
ORGANIZATION— Of the oapitai stock the People’s Traction in July,
for 999 years from July 1,1893, dividends for the several years named
1893, owned 55,407 shares of common and 22,950 of preferred.
below being guaranteed per share:
Outstand’g.
Last div., etc.
S t o c k & B o n d s .— Date, interest.
1st
2d
3d
4th
5th
6th
7th 8th 9th 10th & after.
560,000 shs. )
Common stock $25..............
Text.
$12 $12 50 $13 $13 50 $14 $14 50 $15 $16 $17
$18
I $740,000 $ ...................
Miles. Date. Interest. Outstand’g. Last div., etc.
5 23,000 shs. )
S t o c k & B o n d s—
.......
Text.
45
......
Q -J
$1,875,000
See text. Preferred stock $25..........
Stock, par $50.........
( $277,402 C ...................
10
1881 5x J-D
150,000 Dec. 1,1901
1st mortgage ......c 1875 7J.-J.15
250.000 Jan. 15,1905
Lombard & So.St.Pass.
Subject to call since Dec. 1,1886 2d mortgage*
1881 5J.-J.15
— c
458.000 July 15, 1911
M.,($500 & $l,000).c Mtge. trustee, R. Est. Title Ins. & Tr. Co., Phila. Con. M *$17125,000...) 1882 5 M.-S.
. ____
367.000 Mar. 1,1912
West End Pass’gr Ry., !
9
1875 7 A - 0
132,100 Oct. 1, 1905
$1,000
c&r 5 Trustee Guarantee Trust & Safe Peposit Co.
M. ($100 & $500...c ’ Mortgage trustee, Phila. Trust S. D. & Ins. Co.
Interest on the first mortgage 5s and 7s is payable at the office of the
Interest on all loans payable by Elec. Tr. Co., 421 Chestnut St.,Phila, Real Estate Title & Trust Co.
ROAD—Owns 45 miles of track, acquired as follows :
Common stock authorized, 60,000 shares; preferred, authorized,
Frankford & Southwark Passsenger Railway........................20 miles
30,000 shares, of which June 30,1896, 7,000 shares were in treasury.
Lombard & South Streets Passenger Railway........................ 19 miles'
R o a d — Company operates 83*66 miles of track, of which 6*4 miles
Lehigh Avenue Railway........................................................ 6 miles'
owned and 77*26 miles leased and operated.
( ? ) GERM ANTOW N PASSENGER R A IL W A Y .—A trolley road.
A n n u a l R e p o r t — Report to State of Pennsylvania for year ending
O r g a n iz a t io n — Incorporated April 21,1858. Leased Oct. 1,1881» June 30,1896, was in V. 63, p. 557, under “ Union Traction.” See also
to the People’s Passenger Railway Company for 999 years, but rental “ People’s Traction ” above.
modified in 1893; stock after 1897 receives dividends yearly of $5 25
Year ending June 30—
1896.
1895.
1894.
$1,647,776
$1,014,585
STOCK & B o n d s —
Par. Date. Int’st. Outs’d’g. Last Div., etc. Receipts from passengers..... $2,035,082
Receipts from other sources...
23,431
12,900
29,574
Stock......................
$50 ... ...
Q-J See text.
July, 1898
F RirorPa^s.RyJd!r ^
500
Germant’nPass. M..r $1,000
1864 5 J~D
1879 5 A -0
$67,500
160,000
June 1,1904
Oct. 1, 1899
Total receipts.................. $2,058,513
—V. 61, p. 469 ; V. 63, p. 557 .
$1,660,676
$1,044,159
68
STREET
RAILWAYS.
( 1 1 ) PEO PLE ’S TRACTION—An electric road.
STOCK A Bonds — Miles. Date. Interest.
ORGANIZATION—A Pennsylvania corporation, chartered in March
1893, to operate and equip with trolley the People’s Passenger R y ,
nearly the entire capital stock of which it purchased. In October, 1895,
the Union Traction Company aoquired practically all the stock at $76
per share, the Pa. Co. for Ins. on Lives & Granting Annuities issuing
therefor its guaranteed trust certificates. On July 1,1896, the Union
Traction also leased the road for 998 years and three months. (See
“ Union Traction” Co., this S u p p l e m e n t .)
STOCK» E t c .—
Date. Dividends.
Issued.
Maturity.
Capital stock $30)
s
t .
c 200,000 shs.)
(See text.)
\ ....... See text. | $30 paid in. (
..................
To distribute surplus from past operations, in August, 1896, was de
clared a dividend of 41 per cent per annum for the last four years.
a
E A R N IN G S —Earnings and balance sheet of the operating company,
the People’s Passenger Ry., were given in V. 63, p. 557, under “ Union
Traction,” showing for year ending June 30,1896, gross, $2,035,082;
■et, $1,084,892; other income, $23,431; Interest, rentals and taxes,
$800,727; dividends, $207,500; balance, deficit, $34,606. In 1894-5
gross earnings were $1,647,776.—V. 61, p. 663, 795.
( 1 2 ) P H IL A D E L P H IA C ITY PASSENGER RY.—A trolley road.
O rganization —Incorporated April 9, 1859. Leased to West Phila
delphia Passenger Railway Company for 900 years from Jan. 1,1884,
for interest on bonds, $2,500 per year for organization and dividend of
$7 50 per share. Transferred under lease of Philadelphia Traction Co.
Oot. 1,1895, to the Union Traction Co.
STOCK & B onds — Par. Date. Interest. Outstand'g. Last div., etc.
Stook........... — ■
* 50 ....... ^
J-J {$2375 p a ia i Jan*’ 1898
lBtmort., ext’d..o.
500 1861 5% J - J
$200,000
Jan. 1,1910
Debentures....... r. 500,&o. .*
...... 5%M-S
100,000
...................
ROAD— Owns 11*7 miles of track.
( 1 3 ) P H IL A D E L P H IA & D A R B Y R A IL W A Y —A trolley road.
O rganization —Incorporated May 2,1881. Leased to the Philadel
phia City Passenger Railway Company for 999 years from Jan. 1,1870,
or $8,000 per annum and interest on bonds. Transferred under lease
of Philadelphia Traction Co. Oot. 1,1895, to Union Traction Co.
STOCK & .B onds — Miles. Date. Interest. Outstand’g. Lastdiv.,etc.
Stook, par $50........... .................. 4 J-J $200,000 Jan.,’98, 2%
1RtTnnrtffaffA
a 5 ... ...
... ... 4 M -N
100,000 May 1, 1927
mortgage........... c £ interest at Land, T. & T. Co., Philadelphia, Pa.
Road —Owns 14*80 miles track.
(1 4 ) P H IL A D E L P H IA & G R A Y ’S FE R R Y PASS. RY.—1 rolley.
T
O rganization —L eased to Philadelphia Traction Co. for 999 years,
from Jan. 1,1891, at rental 1st five years, $43,225, or $3 50 per share
per annum, and $49,400, or $4 per share per annum thereafter, the
lessee to pay all taxes, running expenses, etc. Operated by Union
Traction Company since October 1,1895.
STOCK & Bonds — Mis. Date. Int.
Outstand'g. Last Div., etc.
Stock, par $50............................$3 ^J-J | ^ j P p a i d ! ' }
Jan-> 1898
Dividends at Real Bstate Title Ins & Tr. Co. Owns 10 miles of track.
( 1 5 ) P H IL A D E L P H IA TRACTION—A trolley road.
ORGANIZATION—Incorporated August 21,1883, and secured control
of an extensive system of roads in Philadelphia, Pa. (about 210 miles
of track), which it held either by lease or ownership of securities,
not in fee. Under the lease to the Union Traction Company dated
Ootober 1,1895, all the leases and the securities owned were assigned
to the Union Company, which assumes all liabilities for rentals, etc.
C O N S O L ID A T IO N — The lease to Union Traction Co. is for 999 years from
Oot., 1895. The lease provides for dividends of $4 (8 p. c.) per ntinmn
on each $50 share, payable in gold coin, free of taxes. The collateral
trust 4s are “ assumed” by the Union Traction. See V. 61, p. 663, for
extracts from lease. Philadelphia Traction stockholders were.allowed
to subscribe for new Union Traction stock to the amount of 77 per cent
of their holdings. See Y. 61, p. 197, and also “ Union Traction ” Co.
this Supplement
STOCK & B onds —
Date. Interest.
Outstanding. Last div. < c
6
Capital stock (par $50).........
8 A .-0.
$20,000,000 Oct. 1,’97,4%
Col. trust gold bonds) 1887 4 g. F.-A.15
963,000 Aug.15,1917
Sub. to call at 105c) Interest, free of tax, payable at LandT.& T.Co.
Open accts. July 1, ’96........................
$3,835,963
................
The bonds are secured by deposit of W. Philadelphia and Union Pas
senger Ry. stook. Loan originally $1,300,000, reduced to present
figures by sinking fund drawings at 105 (about $35,000 a year). These
bonds and floating debt are “ assumed” by the Union Traction Co.
under the lease.
D ividends — ) 1885, ’86, ’87, ’88, ’89, ’90 to ’93, ’94, 95’ ’96, and since
Per cent
1 2
3
6
5
4
6
8 (?) 8 p. o. per an
In June, 1895, 4 per cent. Under the lease dividends of 8 per cen
are guaranteed. Y. 61, p. 663.
STOCK— The total authorized stook is $30,000,000.
ROAD— The system now assigned to the Union Traction Co. aggre
gated 210 miles, consisting of the following “ Passenger Railways
Union Passenger Ry............ 52*0o Phila. City Pass. R y...........
9*45
West Phila. Pass. Ry...........27*25 17th & 19th Streets............ 8*84
Ridge Ave. Pass. R y......... ..15*25 22d & Allegheny................ 8*25
Phila. & Darby Pass. Ry...... 14*80 Morris & Tasker........... .
7-30
13th & 15th Streets............. 13*10 Catharine < Bainbridge sts. 5*10
&
Phila. & Gray’s Ferry.......... 10*20 Other lines....................
18*86
Continental Pass. Ry........... 9*80
Empire Pass. R y................. 9*80
Total of all...................... 210*00
ANNUAL R epo r t .—R eport for year ending June 30,1897, with bal
ance sheet, was in V. 65, p. 514, under “ Union Traction.” President
George D. Widener.—V. 63, p. 311,S 7
S>
(1 6 ) RID G E A V E N U E PASSENGER R A ILW A Y .
ORGANIZATION— Consolidation of Girard College Passenger Railway
and the Ridge Avenue & Manayunk Passenger Railway on March 8,
1872. Leased to the Philadelphia Traction Co. for 999 years from
Sept 1,1892, for dividend of $10 per share per annum to September,
1895, and $12 per share thereafter. Operated by Union Traotion
O ompany since October 1,1895.
Outstand’g. Last div.,etc
.............I ’ t s a r s * - . *<*.*>
On account of some old debts dividends for 1896 were 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.
(1 7 ) SECOND & TH IR D STREET PASSENGER R A IL W A Y — ’DK
IE
O rganization —I ncorporated April 10, 1853. Leased Jan. 1,1893,
to the Frankford & Southwark Passenger Railway Company for 999
years for the following guaranteed dividends per share per annum:
1893.
1894-95.
1896-97.
1898-99.
1900.
1901.
1902 & aft.
$8 50
$9
See below.
$10
$10 50
$11
$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.
S tock & bo nd s — Date. Interest.
Outstand’g.
Last div., etc.
Stock Issued, 21,204 <
T._ t o T
) Jan., 1898,
shares; par $50... f ....... Text Q-J $771,076 pd. In. £
50 per sh.
O fficers —President, Horace T. Potts; Secretary and Treasurer,
Charles D. Mariack.—V. 62, p. 785.
(1 8 ) SEVENTEENTH & N IN E T E E N T H STS. PASSENGER R E
ORGANIZATION—Incorporated April 12,1859. Leased to the Conti
nental Passenger Railway Co. for 99 years from July 1,1879, at rental
of $15,000 per annum, being 3 per cent on 10,000 shares (of $50 par)
stock, interest on bonds, taxes, expenses, eto. Transferred under lease
of Philadelphia Traotion Co., Ootober 1,1895, to the Union Traotion
Company; all rights of the Philadelphia Traotion Co. to dividends on
the 10,000 shares of the 17th & 19th Streets road, whioh were then
held by the Union Passenger Railway Co. as trustee and lessee, being
also transferred to the Union Company.
STOCK & B onds — Mis. Date.
Int.
Outstand’g. Last Div., etc.
Stock, par $50.... ................ 3% J-J p M 0 9 ^®* ^ Jan., 1898, l 1
«
IstM . ($500)...o>
.... 1876 5% J-J
$100,000
July 1,1919
Extended....... 5Interest at Land, T. & T. Co., Philadelphia, Pa.
Due lessee for additions July 1,1896, $554,289.
Road —Owns 8*84 miles of track.
(1 9 ) T H IR TE EN TH & FIF TE E N TH STS. PASS. RY.—A trolley road.
ORGANIZATION—Incorporated April 8,1858. Leased Jan. 1,1892, to
Philadelphia Traction Company for following rental: From January,
1892, to January, 1894, $9 per share per annum; 1894 to Jan., 1897
$10 per share; 1897 to Jan., 1900, $11 per share, and from Jan., 1900
$12 per share. Lease transferred to Union Traction October 1,1895.
STOCK & B onds — Miles. Date. Interest. Outstand’g. Last div., etc.
Stook, par $50............................. $11 J-J | l ^ 099 8k|* £ Jan., 1898
1st M. ($500)....... 0 ........ 1876 7% A -0 $100,000 ** Oct. 1, 1903
C guTr.Sp. &0l ’.°00o! £ .......
1894 5% J_J
$400,000
Jan. 1, 1934
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.
Interest and dividends 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 Philadel
phia Traotion Company, and the coupons are payable tax free.
ROAD—Owns 15 miles of track. V. 61, p. 1155.
(2 0 ) U N IO N PASSENGER R A IL W A Y —A cable and horse road.
O r g anization —I ncorporated April 8,1864. Leased to Philadelphia
Traction Company for 999 years from June 30, 1884, at an annual
rental of $285,000, or $9 50 per share on stock, and interest, taxes, eto
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. Ootober 1,1895, 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 & B onds — Miles. Date. Interest. Outstanding. Last div., etc.
J Jan., 1898
Stock, par $50................... ....... \ $j l j °
Dividends paid at 423 Walnut St.........paia ln*)
1st mortgage ($100) ....... 1881 5x A - 0
$500,000
Mar.31,1911
and $500)........ o. >
$20,000 redeemable yearly.
2d mortgage ($100) ....... 18§4 5 x A - 0 250,000
Mar.31,1910
and $500)........ 0.5 Int. on both loans at Land, T. &T. Co., Phila., Pa.
Due lessee company for additions July 1, 1896, $6,685,460.
ROAD—Owns 56 miles of track.
(2 1 ) WEST P H IL A D E L P H IA PASSENGER RY.—Cable and horse.
ORGANIZATION—Incorporated May 14,1857. Leased Jan. 1,1884, to
the Philadelphia Traotion Co. for 999 years, at an annual rental of
$150,000, or 20 per cent on stook, and interest, taxes, eto. Operation
transferred Oct. 1,1895, to Union Traction Co.
STOCK & Bonds — Miles. Date. Interest. Outstand’g. Last div., etc.
Stock, par $50............................. $10 J-J $750,000
Jan., 1898
1st mort. ($1,000), ( ....... 1876 6 A - 0
246,000 April 1,1906
gold................... o ( Mort. trustee, Girard Life In. An.&Tr. Co., Phila.
C mrvrt i< l 000> o ( ....... 1886 5 M -N
M
fc
750,000 May 1,1926
Mortgage trustee, Pennsylvania Co. for the Ins.
.mree rrom tax.
^ 0f Life & Gr. of Annuities, Philadelphia, Pa.
Interest on both loans payable at Land, T. & T. Co., Philadelphia, Pa.
Due lessee for additions to July, 1896, $2,434,535.
ROAD—Owns 27*25 miles of track.
D E L A W A R E C O U N T Y & P H IL A D E L P H IA
E L E C T R I C R A I L W A Y - A trolley road.
O rganization —Completed from Media, Pa., to Baltimore Avenue,
Philadelphia, in January, 1895; connects with the Chestnut & Walnut
Street oars of the Union Traction system.
Earnings —F or year ending June 30, 1898, gross, $68,477; net,
$35,458; interest, taxes, etc., $6,762; dividend, $23,600; balance, sur
plus for year, $5,096. In 1896-7, gross, $63,258 ; net, $31,164.
OFFICERS—Pres., J.S. Austin; Sec., Samuel Haigh; Treas.,W. H. Sayen.
STREET
RAILWAYS.
69
P IT T S B U R G , K A N S A S .
FAIRMOUNT PARK TRANSPORTATION
ORGANIZATION—A New Jersey corporation formed in 1896. Charter
perpetual; license from Park Commission runs until July 24,1939.
Prom Nov. 30 to May 1 operation is optional. Owns Woodside Park.
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
Stock, $2,000,000 ($50)............................... $1,770,000 Dec. 1.’97,2%
1st M., gold, $500,000, c a ll) 1897 5g. M-S
500,000
Sept. 1.’12
105 after Sept. 1, 1902, > Trustee, Girard L. Ins. A. & Tr.. Phila.
($1,000)................. ..... o* j As to bonds of 1897 see V. 65, 620.
Dividends—First dividend paid (checks mailed) Dec. 1,1897,2 p. e.
R o a d — Traverses West Park and East Park, 8'47 miles of track, and
crosses the 8chuylkill River on a steel bridge. Rails are 90 lbs.
E a r n in g s — Road was completed in Nov., 1896, and to Oot. 31,1897,
gross earnings of railway were $122,552; net, $72,652; yearly bond
interest, $25,000; dividend Dec. 1,1897 (2 p. c.), called for $40,000.
t OFFICERS—President, (July, 1897,) James Rawle; Sec. and Treas.,
Ellsworth H. Hults; Bullitt Bldging, Philadelphia.—Y. 65, p. 620.
P opulation
in 1890 was 6,697.
PITTSBURG FRONTENAC & SUBURBAN
ELECTRIC RY.O r QANIZATION— Chartered July 9,1894. The population of the dis
trict served by the road is said to be over 21,000. Company also owns
an electric-light plant in Pittsburg, Kan. Pittsburg (Kan.) parties
obtained control in March, 1899.
STOCK & Bonds —
Date. Interest. Outstanding.
Maturity.
Stock $100,000 (par $100)......................
$100,000
.............
1st mort., *125,000, gold $ 1896 6 g. J-J
125,000
Jan. 1,1911
redeemable in 10 years ( Int. at R. E. Title Ins. & Tr., Phila., trustee.
Dec. 1,1906
F &S
S o rity &T s tru te .
e u
ru t,
s e
J
The first mortgage covers all the railway, property, franchises, elec
tric-light plant and real estate.
HOLMESBURG TACONY & FRANKFORD
E a r n in g s — Including electric-light plant and P. F. & S. and P. Weir
ELECTRIC RAILWAY-A trolley road.
City & Col. railways: January 1 to June 30, 1897, 6 months, gross
ORGANIZATION—Incorporated in 1890. Opened Oot. 6,1895.
STOCK & B onds —
Date.
Interest.
Outstand’g.
Maturity.
Stock (par $50) $800,000 .......
......
$675,000 ...............
1st mort., $400,000, gold, $ 1895
5g. M -N
400,000 May, 1925.
$1,000 and $500......o* ( Trustee, West Phila. Title & Trust Co.
Interest is paid at R. Ü. Title Ins. & Tr. Co., Philadelphia.
ROAD—Total track owned, 16-13 miles; track leased, 1*11 miles.
Transfers to Electric Traction Company s system.
E a r n in g s — For year ending June 30, 1897, gross, $105,493; net»
$30,008; int., taxes, etc., $27,016; bal., surplus, for year, $2,992.
From Oot. 6,1895 (opening day), to June 30,1896, 9 months, gross,
$59,567; net, $15,644. OFFICERS.—President, John T. Windrim; Seoy.
and Treas., Frank F. Bell; Qen. Man., C. P. Holcomb.—V. 60, p. 967.
$16,843; net, $10,797; interest, 6 months, $4,500; balance, surplus 6
months, $6,297. From Nov. 1, 1895, to Oot. 30, 1896 (12 months),
gross, $15,842; net, $7,310.
R oad — In July, 1897, operated 17*3 miles of traok, running from
Pittsburg to Frontenao, Litchfield, Medway, Cornell and Yale. Exten
sion to Fleming and Weir City proposed in 1897-8. President, Robert
Simons.
P IT T S B U R G , P A .
P
1890
w as
A N D IN
238,617; i n 1880
1870 W A S 86.076.
w as
156,389
UNITED TRACTION CO.— M ap on page 70).
(See
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. is controlled
through its lease for 950 years to the North Side Traction.
PHILADELPHIA & BRISTOL PASS. R Y O r g an izatio n —Chartered January 3,1896.
STOCK & B onds
Date. Interest. Outstand’g. Maturity
Stock $250,000 (par $50)..............................
$250,000
1st M., $250,000 g. ($1,000) .c* 1896 5 g. J-D
250,000 Jan. 15,’26
Interest at Security Trust Co., Philadelphia, trustee.
ROAD—Philadelphia to Croydon Station, 7 miles, opened in April,
1897. Injunction has prevented completion to Bristol. Connects
with Holmesburg Taoony & Frankford Electric Ry. Forms part of a
through eleotrio line from Bristol to Philadelphia.
OFFICERS—President, Henry V. Massey ; V.-Prest., Edgar A. Tennis ;
Seo. & Treas., Frank G. Edwards.—V. 63, p. 230.
PHILADELPHIA & WEST
TRACTION— tro
A
lley ro d
a .
o p u l a t io n
STOCK & B o n d s
Date. Interest. Outstanding. Div.or Mat
Com. stock, $17,000,000 (50)...................... $17,000,000
.......
Pref. cum., $3,000,000 ($50).........
J-J
3,000,000 Jan.3,’98,21«
United Trac. gen. m. gold, )
1897 5 g. J-J
4,750,000
J’y 1,1997
$10,000,000 ($l,000)..c* 5 Trustee Maryland Trust Co., Baltimore.
Interest is payable in New York City.
Outstanding
Annual
Underlying Securities— See also below). Not Owned.
Charges.
Federal St. & Pleasant Valley stockU............ $650,000
$32,500
Federal & Pleasant Valley bonds if................ 1,275,000
64,500
Pitts. Alleg. & Man. bonds IT........ ............... 1,500,000
75,000
Second Avenue Traction bonds..................... 2,500,000
125,800
CHESTER
ORGANIZATION—Chartered in 1895. This company proposed to absorb
the Delaware County & Philadelpnia, Castle Rock & West Chester P as
Total (of bonds, $5,275,000).................... $5,925,000
$297,800
senger Railway Company, and to construct an eleotrio Hne to West
Second Avenue Traction bonds for $2,500,000 as above (assumed by
Chester.—V. 60, p. 837. Capital stock, $329,700; par $50. Loans pay*
able June 30,1897, $63,458. The stockholders were to vote Aug. 23» United Traction Co.) include:
2,000,000
Dec. 1,1934
1898, to authorize a new mortgage for $400,000 to retire outstanding Second Ave. Trac. Mort. 5 1894 5g. J - D
gold ($1,000)........... o* < Trustee, Maryland Trust Co. Balto.,Md.
indebtedness and for other purposes. V. 67, p. 30.
Interest at Brown Bros. & Co., N. Y., or A. Brown & Sons, Balto.
ROAD—Owns 12^4 miles of track, laid with 60-lb. rails, 19 electric 2d Ave. Passenger 1st M ... 1882
6J - J 30,000
July, 1902
General mortgage............ 1889 5 J - J
120,000 July 1, 1909
motor cars and 4 others. President, John N. M. Shimer; Secretary,
2d Ave. Traction Co. M..... 1893 5 J - J
300,000 July 1, 1933
D. G. Baird; Treasurer, Jones Wister.- Y. 60. p. 837; V. 67, p, 30.
j B raddo ck * Turtle Cr’klst. 1891
6A - 0
50,000 April 1, 1911
j
STOCK.— The capital stook of the United Traction is $20,000,000, of
ROXBOROUGH CHESTNUT HILL & NOR which $17,000,000 is common and $3,000,000 is preferred.
RISTOWN RY.— tro
A
lley ro d
a .
Dividends—On preferred in Jan., 1898, 21 p. o.—V. 65, p. 1222.
«
O rganization —In February, 1898, arranged to lease the WissaBONDS.—The new United Traction mort. is limited to $10,000,000
hlokon Electric, 3*2 miles, for 999 years; rental to be 2 p. o. on the
bonds cannot be redeemed before maturity; Maryland Trust Co. of
$145,800 stock for the first two yeai s, 3 p. o. for the next six years, 4
p. o. for the next seven years and 5 p. o. for the rest of the I Baltimore is trustee. Of these bonds, $5,275,000 are to be reserved
to retire the divisional bonds (above mentioned); $725,000 reserved
term. Now operates 20 miles oftrack. In June, 1896,
filed a
for betterments and improvements after January, 1898, and $4,000,mortgage for $450,000 to the Real Estate Title Insurance & Trust Co.,
000 were sold to Brown Bros. & Co. and Alex. Brown & Sons, and
Philadelphia, securing 5 per cent gold bonds, J&D,due in 1926,of which
j the proceeds, in addition to proceeds from the preferred stook, used
$371,000 were outstanding Jan. 1,1898. Capital stock, $198,400.
to provide the purchase money paid for the several roads. A ll the
L a t e st E arnings —1 mos., > 1898.Gross, $59,900;net, $23,101
7
Jan. 1 to July 31.
51897........ Gross, 45,204; net, 15,235 bonds then outstanding ($4,725,000) were listed on the Baltimore
For year ending June 30,1897, gross, $80,514; net, $24,463; other Stock Exchange in February, 1898.
inoome, $690; interest, etc., $19,076; balance, surplus for year, $6,R o a d — The miles of traok owned and consolidated are
Miles.
078. President, R. N. Carson.—V. 62, p. 1042.
North Side Traction................................ ......................
3300
Pittsburg Allegheny & Manchester Traction.................
21-00
Second Avenue Traction.................................... .
62-68
SOUTHWESTERN STREET RAILWAY— o
T
be a trolley road. Chartered in April, 1898. To run from Moyamensing Avenue to the county line at Bow Creek, m iking accessible dis
tricts in the southern and southwestern portions of the city. Track1aying begun early in August, 1898. President, Edgar A. Tennis.
P IQ U A , OHIO.
P opulation 1890 was 9,090; in 1880
AND in 1870 was 5,967.
was 6,031;
MIAMI VALLEY RAILWAY-A tro
lley ro d
a .
ORGANIZATION—Chartered in August, 1889. Franchises from cities of
Piq.ua and Troy and County Commissioners of Miami County.
STOCKS & BONDS—
Miles. Date. Interest.Outstanding. Maturity.
Stock ($300,000) $100............................ ......... $300,000
.......
1st M., $200,000, gold, 5 14
1893 6 g M -N 200,000
1908
$1,000........................c < Interestat ChaseNatlonal Bank, N. Y. City.
Mortgage trustee is the cashier of the Chase National Bank.
ROAD—On Aug. 22,1898, owned 7*2 miles of trolley track in Piqua,
laid with 45-lb. girder rail, 2 miles in Troy (population 8,000) and 8
miles connecting the two cities, laid with 48 lb. T rail. In Aug., 1898,
extension of 22 miles running through Troy, etc., to Dayton, O., was
about to be constructed. President, W. P. Orr; Vice-President and
Manager, A. M. Orr; Secretary and Treasurer, L. M. Flesh.
Total.
116-68
E a r n in g s — 12 mos.,) 1897-8.......... Gross, $1,475,764; net, $793,536
July 1 to June 30. > 1896-7..........Gross,
...........; net, ...........
Charges for 12 months 1897-98, $593,559; bal., sur., $199,977.
The United Traction receives the entire earnings of the North Side,
Pitts. A. & M. and Second Ave. traction companies, subject only to
annual charges of $297,800, as shown above.
STATEMENT JANUARY 1ST, 1898.
Assets.
Liabilities.
Cash.........................
$569,462 Capital stook (com..) ..$17,000,000
Construction and fran
“
“ (pref (... 3,000,000
chises acquired....... 30,018,913 Bonds (see table above) 10,000.000
Materials on hand___
21,511 Current liabilities___
581,652
Sundry accounts re
Div. No. 1 on pref.st’ck,
ceivable..... ...........
26,815
payable Jan. 3,1898
75,000
Other assets..............
26,510 Profit and loss...........
57,048
T o t a l.................. $30,638,7«)0
T o ta l.................. $30,638,700
O fficers .—P resident, James D. Callery; Secretary, J. H. Callahan.
Office, Pittsburg, Pa. Financial Agents, Ale zander Brown & Sons,
Baltimore, Md.—V. 65, p. 27,112, 736,1025,1222; V. 66, p. 4 6 9 .
STOCK & B onds —
Date, Interest.
Outstanding. Maturity.
Stock, $500,000 auth............................. .
$298,000
..............
1st morteave
5
1893
6 J-J
64,000 July 1,1913
® ............( Interest at Independence Nat. Bank, Phila.
ROAD—June 30,1898, owned 10 miles. Rails 80-lb. T and girder.
STREET
R AIRWAYS.
STREET
RAILWAYS.
Lines controlled by United Traction Co.
( 1 ) F E D E R A L ST. & PLE A SA N T V A L L E Y R Y .—See Map.—Trolley.
O r g a n iz a t io n — Incorporated March, 1868, and has since consoli
dated its various subsidiary companies. The franchise is perpetual.
The North Side Traction Co. on July 20, 1896, leased the Federal
Street & 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,
of which it owns $750,000.—V. 63, p. 31, 76,189.
STOCK & B onds —
Date. Interest. Outstand'g. Last div.,<tc.
Stock (par $25) full paid___ ... ... 5 J - J
$1,400,000 J’ly,’98,21*%
Consol, mort., $1,250.000,5 1892 5 g.J -J
325,000 May 1, 1942
g., $1,000, on 28 m iles..*oi Int. at Fidelity Title & Tr. Co., Pittsburg.
Underlying mortgages—
Observatory H ill 1st M ....... 1887 5 J - J
125.000 July 1,1907
Federal St. & PI. Val. 1st M. ....... 6 J - J
75.000 July 1,1903
Jack’s Run mortgage......... ....... 5 J - J
50.000
1913
Fed. St. & PI. Val. mort....... 1889 5 J - J
300.000 July 1,1919
100.000 Nov. 1,1920
Allegheny & Bellevue IstM . 1890 5 J - J
5
75.000
.............
Allegheny St. 1st mortgage. .......
Perry St. 1st mortgage........ 1890 5 J - J
100.000 Nov. 1,1920
Troy Hill 1st mortgage...... 1890 5 J - J
100.000 Nov. 1,1920
15.000
Mortgage car house........... .
.............
Dividends— Dividends are payable at Farmers’ Dep. Bank; in Janu"
ary, 1895, 2 per cent; in 1896, none; in 1897, 5 p. o ; in 1898, 5 p. c.
Bonds—The consolidated mortgage of 1892 is for $1,250,000, of which
the balance unissued is in the hands of trustee to retire all the other
issues; mortgage trustee is the Fidelity Title & Trust Co., Pittsburg.
Road —I n June, 1896, operated 33 miles of track (including
sidings) on about 17 miles of street; rails mostly 90-lb. girder; some
66-lb. rails; lines practically rebuilt in 1897.
OFFICERS—President, W. H. Keech.—V. 63, p. 31, 76,189.
(2)
PITTSBURG
See Map.
A L L E G H E N Y & M ANCH ESTER TRACTION.—
O r g a n iz a t io n — Consolidated with United Traction in June, 1897’
71
Lines controlled by Consolidated Traction.
( 1 ) A L L E G H E N Y TRACTION.—
O r g a n iz a t io n — Incorporated July 23, 1889. April 1, 1896, this
company was leased to the Fort Pitt Traction Company for 950
years at a guaranteed dividend of 5 per cent per annum.
STOCK & B onds —
Miles. Date. Interest. Outstand'g. Lastdiv.,etc
Stock, $500,000, par $50. .............. 5 p. c. $500,000
See text.
Guaranteed bonds—
Millvale Etna & Sharps-> .... 1893 5g. M -N 750,000 Nov. 1,1923
burgIstM . $750,000,g. 5Trustee, Pittsburg Trust Co., Pittsburg.
R o a d — Including Millvale Etna & Sharpsburg, 181 miles of road
*
—V. 62. p. 184.
(2)
C ENTRAL TRACTION.—Cable and trolley.
L ease —L eased from April 2,1896, to the Consolidated Traction fo r
950 years at 3 p. c. per annum on par 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
share on Oct. 1,1896, in Consolidated Traction Co. preferred stock at
par. Ia June, 1896, 26,000 shares of Central Traotion stock (out of
30,000) had been so exchanged.—V. 62, p. 1087.
STOCK & B onds —Miles. Date. Interest. Outstanding.
Maturity.
Stock—par $50, >
<30,000 shares )
aaa
see text........ 5
........................... \ $30 paid up. \ Hee T X i*
O1
lstM.$i75,000 (
6
1889 5 J - J
$375,000 July 1. 1929
cable line $500 ( Interest at Union Trust Co., Pittsburg.
Bonds o f Central Passenger Ry. controlled.
1st M. $250,-)
4
1894 6 A -0
125,000 Oct. 1, 1924
000, $1,000.. 5 Interest at Union Trust Co., trustee, Pittsburg.
Dividends—Feb. 1,1892, $2 50 in stock; in 1896, Feb., 2 p. c. in cash.
ROAD—8-5 miles of road, of which it controlled by ownership of
capital stock, trolley road owned by the Central Passenger Railway,
31 miles.
*
A n n u a l R e p o r t — For year ending June 30, 1896, gross, $131,954;
net, $15,111—V. 62, p. 948,1087.
( 3 ) CITIZENS’ TRACTION—A cable and trolley road.
ORGANIZATION—Incorporated July 6, 1887. On Sept. 1, 1887, pur
chased the entire capital stock ($200,000) of the Citizens' Passenger
Ry., which it now holds.
LEASE—In 1895 leased from Nov. 1,1895, to Fort Pitt Traction Com
pany for 950 years at 6 per cent per annum on $3,000,000 capital
stock. In addition the lessee agreed to pay a floating debt of $175,000,
and at maturity a mortgage debt of $1,620,000. The Consolidated
Traotion has assumed the Fort Pitt lease of Citizens’ Traotion. V. 61
S tock & BONDS—
Date. Interest. Outstand'g. Last div., etc. p. 661.
Stock, $3,000,000 ($50) f. p ...........
$2,994,839 Aug. 1,’95,2*
STOCKS & BONDS—
Date. Interest.
Outstanding Last Div. etc'
General mort. ($1,500,000).. 1890 5 A - 0 $1,400,000 Oct. 1, 1930 Stock ($50) fully paid............. 6 M.-N.
$3,000,000 f.p.
See text*
Interest at Fidelity Title & Trust Co., Pittsburg, trustee.
1st mortgage ($1,000) ( 1887 5 A.-O.
1,250,000
Oct. 1,1927
Guaranteed—
Not subject to call. \ Trustee, Fidelity Title & Trust Co., Pittsburg.
Pittsb. Un. Pas. Ry., 1st M ........... 5 A - O
100,000 Oct. 1, 1901 Purchase money m o rtg s.....................
120,000
..................
Bonds of tines whose stocks are owned.
Dividends—In 1892, l 1 per cent; 1893, 5 per cent; 1894, 21 1895
^
*;
Penn St. Pass. Ry. 1st M. 1892 5 J.-D.
$250,000
June 1, 1922
February, paid 2*« per cent; August, 2 per cent; in 1896, Feb., none.
Transv’rsePassRy.lstM . 1891 6 M.-N.
49,500
1901
No. Side Pass. Ry. 1st M. 1892 6 F.-A .
125,000
1902
The floating debt was paid by the United Traction Compay.
Interest and dividends payable at N. Holmes & Sons, Pittsburg, Pa.
R o a d — Operates 21 miles of track in cities of Pittsburg and Alle
Dividends—In 1892, 6 p. 0.; in 1893, 6 p. 0.; in 1894, 6 p. c.; in 1895,
gheny. Rails 70 lbs. per yard, being rebuilt by U. T. Co. with 90-lbt
5 p. c. Under the lease dividends are 6 p. c.
girder rails.
Ro a d .—Owned and operated 30*5 miles of track on 15 miles of
A n n u a l R e p o r t — For years ending Oct. 31 earnings have been:
street.
1895-6.
1894-5.
1895-6.
1894-5.
A n n u a l R epo r t .—For the year ending June 30,1896, gross, $680,Gross.............$465,959 $450,714 Op. expenses..$381,119 $336,414
Other income.
8,015
5,827 Balance, net.. 92,855
120,127 703; net, $323,088; other income, $4,680; interest, $99,611; taxes,
$49,259; dividends, $150,000. For the years ending October 31:
OFFICERS—President, George B .H ill.—V. 65, p. 27, 70.
1896.
1895. I
1896.
1895.
Gross earns...$685,382 $643,059 I Interest paid. $99,612 >m.
Op. expenses. 357,625
336,008 Taxes, etc...... 49,259 J
Netearniugs.. 327,757
307,051 |Dividends...... 150,000
150,000
CONSOLIDATED TRACTION— rolley ro d
T
a .
OFFICERS.—President, John G. Holmes; Vice-President, H. S. A.
ORGANIZATION— Chartered July 15,1895. The company has merged Stewart; Secretary, John G. Bright; Treasurer, Nathaniel Holmes.
the Fort Pitt Traction. Co. and assumed its leases of the Citizens’ and —V. 60, p. 930; V. 61, p. 112, 516. 661.
the Allegheny Traction companies, and has acquired the control of the
Central Pittsburg and Duquesne Traction companies. On April 2,1896,
( 4 ) DUQUESNE TRACTION—A trolley road.
assumed management of these six companies, with capital of $13,500,LEASE—Leased from April 2,1896, to the Consolidated Traction for
000 and a bonded debt of about $6,377,000. See V. 62, p. 1087.
950 years at 4 per cent on the $3,000,000 stock, but dividends for a
STOCK—
Par.
Interest.
Outstanding.
Dividend• year and a-half to be withheld for payment of floating debt of
Common stock ....... $50
.......
$15,000,000
............. $180,000. In May, 1896, stockholders were allowed to exchange their
Pf. stock, 6 p. o.cum.
50
6M&N
15,000,000 My4,’98 3% took for receipts, redeemed Oct. 1,1896, at $37 per share in 6 per cent
The preferred stock carries cumulative dividends of 6 per cent per Preferred stock of Consolidated Traction Company at par. In June,
annum, and has the right to participate equally with the common stock 1896, 51,000 shares out of 60,000 had been so exchanged. See V. 6 2 ,
when that has received 6 per cent. First dividend on preferred was p. 1087.
*
paid May, 1897. In November, 1897, no dividend was paid. See V. i STOCK & B o n d s .—
Date. Interest. Outstanding.
Maturity.
’ Stock ($50) fullv naid $ Div --Text.
$3,000,000
See Pitt8,h
65, p. 685. In May, 1898, 3 p. o. was paid
block (*ou) iuuy paia ^ — payable at FideL Title & Trugt C0 ) text.
which purchased all, or nearly all, the capital stock (V. 65, p. 27).
Property turned over July 10.
Incorporated Dec. 14,1889, and July 25,1890, leased Pittsburg A lle
gheny & Manchester Passenger Railway [5 miles of road, stock $350,000, no bonds] for 999 years, and Pittsburg Union Passenger Railway
[stock paid in $82,775, bonds $100,000 as below] for 985 years—see
V. 64, p. 1001.
C om panies C o n t r o l l e d — The companies acquired are shown in the
following table, as also the amounts of their stocks and bonds.
5 J. - J.
1,500,000
July 1, 1930
1st mortgage.......... 0.* 1890
Dividends were 5 per cent, J&J, but in 1893 and 1894 none p a id ;
Feb., 1895, paid 2 p. c.; Aug., 2 p. c.; in 1896, Feb., none; in 1898, M ay
Company.
Miles.
Old stock.
Bonds.
Duquesne Traction........... ..........
33
$3,000,000
$1,500,000 2, 1 p. c.
Pittsburg Traotion........... ..........
2,500,000
1,007,000
121*
ROAD—On June 30,1896, controlled 11 companies, with a capital
Central Traotion............. ..........
81*
1,500,000
500,000
Fort Pitt Traction.......
..........
10
3,000,000
938,000 aggregating $249,700 and having 33316 miles of road.
Citizens’ Traction............. ..........
30
3,000,000
1,794,000
EARNINGS—For years ending June 30 earnings have been as fo llo w s:
Allegheny Traction........... ..........
18
500,000
750,000
1896.
1895. I
1896.
1895.
Gross............... $449,893 $392,932 I Int.,taxes, etc..$125,633 $75,221
Road -Controls about 120 miles of track in all.
N e t ....... ......... 212,312 116,579 I Surp. for year.. 103,699 47,223
E a r n in g s a n d C h a r g e s — Year ending June 30,1897, earnings re Other income...
17,020
5,8651 Dividends.......
60,000 60,000
ported to Penn. RR. commissioners, “ gross from operation,’’ $1,839,- —V. 60, p. 930; V. 61, p. ifl, 794,1154; V. 62, p. 948,1087.
086; “income from other sources," $624,161; “ total income,” $2,463,( 5 ) FORT P ITT TRACTION—A trolley road.
247; net, $1,398,556; int., taxes, etc., $916,434; dividends, $286,426; j ORGANIZATION—Chartered in 1895 under perpetual franchise. A
balance, surplus, $195,696. It was stated officially in May, 1897, that | consolidation of the Ft. Pitt Street Passenger Ry., Highland Park By.,
“ the lines now operated by the Consolidated Traction Co. are earning etc., 10 miles in all. In October, 1895, leased the Citizens’ Traction
the dividend on the preferred stock.”
Co. for 950 years, guaranteeing 6 per cent yearly on $3,000,000 stocks
OFFICERS—President, C. L. Magee; Secretary, James A. McDevitt;
Treasurer, George I. Whithey. Directors—C. L. Magee, Joshua Rhodes,
T. H. Given, George I. Whitney, Emmet C. Gibson.—V. 65, p. 685.
and Allegheny Traction Co. for same period at 5 per cent on the stock
The Ft. Pitt Traction Co. has been merged in the Consolidated
Traction, which see.
Ti
STEEET
EAILWAYS.
-.STOCK & B onds —
Date.
Interest. Outstand’g. Maturity.
Stock, $3,000,000, par $50............................... $3,000,000 .............
1st m., $1 ,000 ,000 ($1,000) 5 1895 at Pitt8burg Trust( Pittsburg, Pa.
M.. * i uuu uuu
oom } Int
5J.-D.
938,000
1925
st
Road —Controls 58 miles of track, including 48 miles leased.
—Y. 61, p. 517, 661, 1154.
( 6 ) PITTSBUR G TRACTIO N—A trolley road.
O r g anization —incorporated April 14,1887.
L ease —L eased from April 2,1896, to the Consolidated Traction for
950 years at 7 per cent on the $2,500,000 stock (see V. 61, p. 1154)
but 1*2 years’ dividends to be used to pay floating debt of $250,000.
In May, 1896, stockholders were offered receipts for their stock,
which were redeemed at $70 per share on Oct. 1,1896, in preferred
stock of Consol. Traction Co. In June, 1896, 39,000 shares out of
50,000 had been so exchanged. See V. 62, p. 948. Pittsburg Traction
owns the $250,000 capital stock of Bloomfield St. Ry. and gharantees
the bonds.
STOCK & B o n d s .—
Date. Interest. Outstanding. Last div., etc.
Stock,$2,500,000(par$50) ....
Text.
Text.
M a y 2,1898
1st mort. 5s................... e* 1887 5 A.-O.
$750,000
Oct 1,1927
P.O. & E.L. b’ds. ass’d.............. 6 p. o.
7,000
Feb. 1,1901
Guaranteed bonds—
BloomfleldSt. Ry.,lstcur.o*1893 5 F.-A .
250,000 Aug. 1,1923
Interest at Pittsburg Trust Co., trustee.
Loans June 30,1896.............................
389,083
................
Stock Issued 50,000 shares, on which $38 each has been paid.
DIVIDENDS—At company’s office, Pittsburg. Dividends of 6 per cent
have been paid; in 1895, 6 p. o.; in 1896, none—see above. In 1898,
May 2, 2 p. c. was paid.
ROAD.—Owns 12-67 miles of track. Bloomfield St. Ry. owns 3 miles.
A n n u a l R e p o r t — Fiscal year ends June 30.
1895-6.
1894-5. I
1895-6.
1894-5.
Gross.............$467,933 $441,452 Op. exp. & tax.$263,662 $262,921
Other income.
(1)
7,9941Balance, net.. 204,271
186,525
In 1895-96 interest charges were $89,867; dividends, $75,000.
OFFICERS.—President, George W. Elkins. V. 62, p. 1087.
DUQUESNE INCLINED PLANE.R o a d — Said to operate 1,586 feet of track. President, S. Severance.
MCKEESPORT DUQUESNE & WILMERDING Ra i l w a y O r g a n iz a t io n — This company includes the Citizens’ Street Railway
of McKeesport, the McKeesport & Wilmerding and the White Electric
Traction. The last-named company in 1893 had a bonded indebtedness
of $35,000 6 per cents, due 1911. On June 11,1897, Fidelity Trust
Co. of Pittsburg was appointed receiver and road was sold Aug. 4 for
$175,000 to Horace G. Crosby.—V. 65, p. 328.
Road—I n August, 1895, had in operation 18 miles of track on 12
miles of street.—V. 64, p. 707; V. 65, p. 328; V. 66, p. 900.
MONONGAHELA STREET RAILWAY.—
ORGANIZATION—On May 26,1898, absorbed by consolidation of the
Schenley Park & Highland, Homestead & Highlands, Braddock &
Homestead, and the Braddock & Duquesne (the latter then build
ing). The old lines are to be rebuilt and necessary new lines con
structed to form a continuous double-track road from the borough3 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. A ll of the
underlying bonded debt and stock of the companies merged has been
retired. V. 67, p. 74.
STOCK & B onds — Miles. Date. Interest. Outstand’g. Maturity.
Stock, $1,000,000....................................... $1,000,000 ..................
1st mort., $1,000,000, \ 17 1898 5g. J-D
600,000 June 1, 1928
gold................. ...... 5 Union Trust Co., Pittsburg, Trustee.
ROAD— To own 17 miles of double track, including branches. Also
to have trackage under agreement with Consolidated Traction Co., 5
miles; total to be operated, 22 miles. Road is expected to be com
pleted during September, 1898, and to be equipped with 90-lb. rails.
Incorporators, L. G. Woods, F. M. Ross, C. T. Marsh, C. F. Farren
and W. S. Mitchell.—Y. 67, p. 74.
30. 1897.
Liabilities.
Stock........................... $3,000,000
Bonds and mortgages.. 1,500,000
Guaranteed bonds......
810,000
Debenture bonds........
147,000
Accounts payable.......
67,370
Interest, etc., accrued.
32,550
Loans (since paid -.......
50,000
Profit and loss, surplus
113,857
G E N E R A L B A LA N C E SH EET JU NE
Assets.
Cost of road................ $1,372,288
Cost of equipment.
26t>,600
Property*franchises.. $2,898,030
Stock of oth. compan’s 1,003,550
H orses......................
880
Accounts receivable...
173,170
6,260
Cash...........................
Total................... . $5,720,778
Total..................... $5,720,778
OFFICERS— President, Harry Moore; Vice-President, A. C. Wettengel;
Secretary and Treas., W. H. Rogers.—V. 67, p. 317.
Lines Leased to Pittsburg & Birm ingham Traction.
MT. O LIV ER IN C L IN E RY.—O wned, leased and operated by Pittsb
& Birm. Traction Co. Stock, $100,000. Bonds, first mortgage 6s, M. &
N., due Nov. 1,1901, $44,500.
PITTSBUR G IN C L IN E P L A N E -L e a s e d for 999 years to Pittsburg
A Birmingham Traction Co., at rental equal to interest on bonds and
10 p. o. on $150,000 stock, free of tax, but dividends have been 9 p. o.
yearly, balance being carried to surplus.
STOCK & Bonds —
Date. Interest. Outstand’g.
Maturity.
Stock, par $100, full paid............
Q - F $150,000
..................
1st M., $1,000 each.........c* 1889
6 J -J
150,000
July 1, 1929
( 1890
6 J -J
100,000
June 1,1910
2nd m ortgage................^ Subject to call on any June 1 after 1894.
t Int. at Fidelity Ins., etc., Co., Phila., trustee.
ROAD—Road extends from Forty Hill, Pittsburg on Bradford
Street to Washington Avenue, on top of hill.
PITTSBURG & CASTLE SHANNON RAIL
ROAD— s a a d in lin p n ro d
A te m n
c e la e a .
O rganization —Chartered Sept. 21, 1891. Besides operating the
railroad this company transports and sells coal from, its own mines.
STOCK & Bonds —
Miles. Date. Interest. Outstand’g. Maturity.
Stock...................... ........................ .............
$481,400 .................
1stM .,$500an d $1,000......... 1888 6 F - A
200,000 Aug.1.1908
Purchase-money mort...........
1891 None
21,012 1898&1901
Mortgage, $50,000................. 1896 ............
(!)
.................
Bills payable Deo. 31,’95................................
32,398 .................
In 1896 bonds for $50,000 were authorized for introducing elec
tricity as motive power.
Road —Operates road of 40-inch gauge from Pittsburg to Arlington,
Pa., 6*2 miles, incl. two inclines of 1,375 and 2,112 feet respective^
ANNUAL R e p o r t — For the years ending December 31 earnings from
both railroad and coal business were:
Gross.
Net.
Interest.
Balance.
1896................................ $111,773
$14,647
$14,182
sur.$465
1895........
135.282
16,167
15,438
sur. 729
1894.............
*99,025
14,514
14,638
def.124
* Decrease due to reduction in coal business owing to a strike.
Passengers carried in 1896,1,084,483 ; in 1895, 852,050.
O FFICERS— President, James M. Bailey; Sec. and Treas., E. J. Reamer.
PITTSBURG & WEST END PASSENGER
RAILW AY— ee W est E nd Traction.
S
ST. CLAIR INCLINE PLANE-A cable road.
ORGANIZATION— Chartered Sept. 9,1885. Road completed in 1889.
Stock, $150,000 f. p.; 1st mortgage, $1,000 each; 6s, M -N, $75,000,
due Nov. 7,1909. Profit and loss deficit Jan. 1, 1895, $1,427; bills
payable $1,750. Interest at Thomas Mellon & Sons’ Bank. Dividends
—In January, 1893, 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., deficit for year, $363.
In 1894-95, gross $13,749; net, $3,266. Pres, and Supt., W. S. Hughes.
SUBURBAN RAPID TRANSIT.— troiiey road
A
Road —Said to operate 7 miles of track on 4*2 miles of street. Capital
stock, $300,000; par $50. First mortgage gold 6 per cent bonds, due
1913, for $500,000 are outstanding; interest payable M. & S. Presi
dent, General Manager and Purchasing Agent, Thomas A. Noble; Sec
retary, C. E. Succop.
PITTSBURG & BIRMINGHAM TRACTION— WEST END TRACTION-A trolley road.
A trolley road.
O r g a n iz a t io n — 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 Inoline Plane Co.; operates also Birm. Knoxville & Allen
town Traction Co. (See suit regarding interest paid on B. K. & A.
bonds.—V. 62, p. 989.)
STOCK & B o n d s .— Date.
Interest.
Outstand’g Last div., die.
Stock ($50)................................
Text.
$3,000,000 April, 1898
1st mort., gold, 5s... ) 1889 5g. M. - N .
1,500,000 Nov. 1,1929
($1,000).............. o* 5Trustee,Fidelity Trust,Etc.,Co. of Philadelphia.
B y e a riy ^ 2
.’°.00! S J \ 1890
5 A " 0
147,000
1900
Ross Street mort.....................................
30,000
.............
Guaranteed bonds—
Pitts. & Ormsby.......... 1891
5 A - O
10,000 1896-1901
Birm. K n o x .& A .lstM .) 1891 6 g. M - S
500,000 Sept. 1, 1931
gold, interest guar.. 5Trustee, Fidelity Ins. Tr. & S. Dep. Co., Phila.
Brownsville Ave. St. > 1896
5 F - A
$300,000 Oct. 1, 1926
Ry. 1st mort........... 5 Int. at Dime Savings Bank, Pittsburg, Pa.
DIVIDENDS—For year 1892-93 paid 2 p. c.; in 1896, January, *2 p. c.;
in 1897,
(1)
; in 1898, Apr., 1 p. o.
ROAD—In July, 1898, operated 27*75 miles of track, laid with 90-lb.
rails, as follow s: Mam line, 15 lines; Brownsville Ave. Ry. (all its
$300,000 stock owned), 7*33 miles; inclines, 2 miles.
A n n u a l R e p o r t — F ot the year ending June 30, 1898, carried
8,612,027 passengers, against 7,417,184 in 1897 and 7,549,306in 1896
1898.
1897.
„
. .
•*
1898.
1897.
G ross............$436,202 $393,869 Rentals, etc..... $72,429 $35,416
Exp. & taxes. 222,702
229,360 Bond interest... 117,436 109,363
•t
O rganization —a . consolidation Jan. 1, 1893, of the Pitts. & West
End Passenger Ry., Pittsburg Crafton & Mansfield, Pittsburg Neville
I. & Ooraopolis and other compaules.
STOCK & Bonds — Mis. Date. Int.
Outstanding.
Last Div., etc.
Com.stk,$2,500,000 ........................
$2,500,000
................
Pf. stk., $2,500,000......................
2,500,000
July, ’98,2%
Prm m $1 500 000$ - - - • 1898 5 J—
J
500,000
Jan. 1,1938
oon.M.,$1,000,000 ^
Trustee, Union Trust Co. of Pittsburg.
JJnderly’a l ans—
P1ls t MeV'^8’&0Or‘ } 91fl
6
$100,000
................
Pitts. Crafton
17 1894 5 J-J
250,000
July 1,1924
Mansfield 1st M. \ Int.at Pittsburg Tr. Co., Trustee, Pittsburg, Pa.
Pitts. & W. E. 1stM. 16 1892 5 J-J
500,000
July 1,1922
B onds —Of the 5s of 1898 $850,000 are to be used to retire under
lying bonds and $150,000 for other purposes.
Road —Owns, it is understood, about 42 miles.
A n n u a l R eport —W est End Passenger (16 miles) Ry. showed: For
the year ending June 30,1897, gross, $188,245; net, $124,016; inter
est and taxes, $38,851; dividends, $75,000; balance, sur., $10,165.
DIRECTORS—President, J. C. Reilly; John Burns, J. D. Callery, Wm.
V. Callery and Thomas S. Bigelow.—V. 61, p. 612; V. 66, p. 860.
P IT T S F IE L D > M ASS.
P opulation 1890
was 17,281; in 1880 was 13,364;
and in 1870 was 11,112.
PITTSFIELD ELECTRIC RAILW AY . j
f
O r g an izatio n , E t c . —stock Oct. l, 1897, $60,000; bonds, $45,000;
other debts, none. Owns 8*7 miles of track. In March, 1898, stock,
$1, 0 $6, 0 B
2 35 0 1 45 9 al.,su
r.fory’a 2 , 3 $ 9 7 ^holders voted to increase stock to $80,000 to build an extension, 2
$ 36 5 1 / 3
r.
STREET
RAILWAYS,
miles, to Tillotsons. For year ending Oct. 1, 1897, gross earnings'
$61,168; net, $25,197; charges, $3,588; dividends, 6 per cent, $3,600;
balance, surplus, $18,009.
73
O fficers —President, Wm. B. W ood; Secretary, Treasurer and Pur
chasing Agent, E. A. Newman. Office, Portland, Me.
PORTLAND & CAPE ELIZABETH RY.-A
trolley road.
O rganization —This company and the Cape Elizabeth Street By.
P o p u l a t i o n 1890 w a s 11,267; i n 1880 w a s 8,125;
while distinct corporations, are operated as and are practically one.
a n d i n 1870 w a s 5,095.
They were organized in 1894-95. Line runs from Monument Square
PLAINFIELD STREET RY-A tro
lley ro d
a .
in Portland over the Portland Bridge Into South Portland, with ter
O rg anizatio n —'This company operated 9 miles of track. Jan. 1,1898, minals at Simonton Cove and Ri ?by Park. Company owns large
it had capital stock issued, $100,000; do. paid in, $85,208; funded pleasure resort property at Simonton Cove and Cape Cottage Park.
debt, $100,000; total cost of road and equipment, $185,208. In Aug.,
S tock & B onds —
Date. Interest. Outstanding. Maturity.
$450 000 1896-7 1L»Q
£
1898, was endeavoring to obtain new franchise extending to city line Stook (par $100).................. ...................
390.000 Nov 1 ,1 9 1 «
to connect with proposed line of Elizabeth Street By. In year 1897 1st M. $400,000 g. ($1,000) 1895 5 g. M -N
Interest at American Loan & Trust Co., Boston, trustee.
income from passengers was $50,491; other income, $113; net
ROAD—Operated 11*18 miles of road with 15-18 miles of track. In
earnings, $10,340.
1898 built about a mile of track to Cape Cottage Park, a pleasure
OFFICERS—President, T. N. Vevins; Vice-President, T. J. Fritts; Sec resort.
retary and Treasurer, Adrian Biker.
Earnings — Year ending June 30,1897, gross, $58,364; net, $23,548
net, $23,548; interest and taxes, $15,629; dividends (1^2 p. c.), $6,750.
balance, surplus, for year, $1,169. Total surplus July 1,1897, $5,705’
P o p u l a t i o n 1890 w a s 9,500; i n 1880 w a s 8,283;
O fficers —P resident, J. S. Winslow; Vice-President, Thomas S.’
A N D i n 1870 w a s 8,414.
Krutz. Mills Building, N. Y.; Treasurer and Gen. Man., H. R. MacLeod
Portland.
PLATTSBURG TRACTION CO.-A tro
lley ro d
a .
ORGANIZATION, Et c .—Chartered in 1896. Capital stock, $100,000
PORTLAND & YARMOUTH ELECTRIC
(par $100). First mortgage 6 p. c. gold bonds of 1896, due 1926; int.,
A
lley ro d
a .
J-J., at Continental Trust Co , Trustee; authorized $100,000, Issued RAILWAY— tro
$80,000 to June 30, 1897. For year ending June 30, 1897, gross,
ORGANIZATION—Incorporated in 1897 to construct a railroad from
$18,439; net, $6,846.
Portland, Me., to Yarmouth, via Deering, Falmouth and Cumberland
Road—Owns 6*a miles of track; rail, 50 lbs. Prest., H. M. Pierson.
Road, 10 miles, operated since Aug., 1898. First mortgage, $215,000
due July 1,1917, 5 per cent.
D irectors —P resident, Quincy Brown, Boston; Treasurer, W. G.
Wheldon, Boston; F. C. Boyd, New Haven, Conn.
P o p u l a t i o n 1890 w a s 7,314; i n 1880 w a s 7,093;
a n d i n 1870 W A S 6,238.
P L A IN F IE L D , N. J.
P L A T T S B U R G , N. Y .
P L Y M O U T H , M ASS.
PLYMOUTH & KINGSTON RAILROAD-A
P O R T L A N D , ORE.
trolley road. Chartered in Feb. 18^9.
O r g anization —I n 1894 stook was mostly held in trust for the New
P o p u l a t i o n 1890 w a s 46,385; i n 1880 w a s 17,577.
England Street Bailway Co., which see under New Haven, Conn.
CITY & SUBURBAN RAILW AY —A trolley and
STOCK & BONDS—
Bate. Interest. Outstand'g. Last div., etc, steam road.
Stook $100,000 ($100)........... See below. $100,000 f. p. 1896-7,6%
O rganization —Incorporated in 1891 as successor to the W illa
1at n ftrtffn trA
n
) 1890
5J- J
35,000
Jan. 1,1910
_
............... ( Int. is payable at Intemat’l Tr. Co., Boston.
mette Bridge Railway and Trans-continental Street Railway com
Beal estate mortgages.......... *
6 p. o.
7,000
On demand. panics.
.................
UnPd debt Sept. 30/97..............................
24,000
STOCK & B o nds —
Date. Interest. Outstandg. Maturity.
Dividends of 7 per cent per annum were paid in year 1892-93; in
St’k, auth. $1,000,000 ($100)....................1
___ $753 300
1893-94, 6 p. o.; in 1894-95, 9 p. o.; in 1895-96, 6 p. c.; in 1896-7,6 p. c. Willamette Bridge Ry., l s t ( 1889 6 M - S
100,000 Séüt.'i*. 1919
ROAD—Operates 8'75 miles of track, extending from Plymouth to
mortgage, $100 each.........( Interest at Am. Loan & TrusC Boston
Wav. & Wood. El. B.v., Is tM .,) nQfli />„ *
,
K ingston; sidings, eto., ‘43.
gold, subject to calí at 104. J I8SH 6g. A - O 110,000 Apr. 1, 1921
EARNINGS—For years euding Sept. 30 earnings have been:
City & Sub. consol. M., not) 1891 6g. M -S
740,000 Sept. 1,1916
1897.
1896.
1897.
1896.
subj. to call, $100 each, g.. ( Int’st at Sec. Sav’g & Tr. Co., Portland.
Cross earnings..$33,840 $32,667 Dividends paid... $ 6,000 $ 6,000
Bonds.—City A Suburban consolidated mortgage is for $1,000,000, of
N e t ................)
. . 9,119 Balance for year.
402
791
Other income.. >
ii,b b 8 2,269 Total sur.Sept.30 2,593
2,191 which $210,000 Is reserved for the prior liens and (February, 1897,)
Int., taxes, eto...
5,266 4,597
$50,000 for other purposes. Mortgage trustee is the Security Savings
OFFICERS—President, A. L. Gordon; Treasurer, Henry W. Barnes; 6 Trust Co., Portland.
Plymouth, Mass.; Supt., Beuj. F. Sherburne; Clerk of Corporation, C.
ROAD.—Operates 50 miles of traok, including thirteen differ
E. Barnes, Plymouth.
ent lines, 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 42 miles by trolley. Bails 30 and 40
b. T and girder; 37 electric cars and 2 passenger coaches hauled
P o p u l a t i o n 1890 w a s 13,543; i n 1880 w a s 8,883;
by steam motors. Operates also, under lease, the Metropolitan By.,
a n d i n 1870 w a s 5,973.
7 miles.
CITY ELECTRIC RAIL W A Y . - A trolley road.
O fficers .—P resident, Henry Failing; Vice-President, T. Woodward
O r ganizatio n —Chartered in 1892 and franchise runs till May 30,
Sec. and Treas., C. F. Swigert; General Manager, H. C. Campbell.
1922. Population in 1894 by State census, 18,140.
Index —V. 62, p. 86.
STOCK & BONDS— Miles. Date. Interest.
Outstand’g. Maturity.
Stock $100,000 ($100)................................
$100,000 .......... .
1stmort $200 000i
1893 6g. M - S
120,000 Mar. 1,1913
CIT Y & WEST PORTLAND PARK MOTOR
2old $1000
I
Subject to call at 105 after Mar. 1 1903 A steam and trolley road.
8
.* ’
...... (In t. at Hanover National Bank, N. Y. City.
O rganization —Chartered April 4, 1889. Franchise is perpetual
Bonds—The mortgage trustee is the Union Trust Company of Detroit.
In January, 1898, $80,000 of the bonds were still reserved for additions except that for trolley, which runs till 1912.
STOCK & Bonds —
Date. Interest. Outstanding. Maturity
and extensions at not exceeding 60 per cent of actual cost.
Stook, $100,000..........................................
$100,000 *
V
Road —Operates 10^ miles of track on 9*2 miles of road.
1st M., $100,000, gold, $100 ( 1891
6 J-J
100,000 July l ! 1911
and $1,000...................... (
Not subject to call.
ANNUAL R eport —F or fiscal year ending December 31 earnings were:
1897.
1896.
Interest at Illinois Trust & Savings Bank, trustee, Chicago, 1 1
1.
1897.
1896.
Gross earnings..$52,565 $52,489 Taxes.................... $866
$616
Road -Owns 7 miles of traok in Portland, extending to suburbs o
14,498 Insurance............ 1,597
Net earnings___ 15,028
2,011
West Portland Park. Trolley, 1 m.; steam, 6 m. Bails 35 and 50-lb. T
OFFICERS—President, W. Canham; Secretary, F. J. D ixo n ; Treasurer
OFFICERS—President, E. T. Johnson; Vice-President,Treasurer, Gen
W. Ii. Jenfes; Superintendent, H. A. Dixon.
Manager and Purchasing Agent, T. A. Wood; Secretary, W. HoseaWood
PORT
HURON,
PORTLAND,
P
o p u l a t io n
1890
MICH.
ME.
36,425; i n 1880
AND IN 1870 WAS 31,413.
w as
w as
CONSOLIDATED STREET RAILWAY—es
S
33,810;
P
o rtland
R
a il w a y
.
EAST SIDE RAILWAY— tro
A
lley a d s a ro d
n te m a .
PORTLAND RAILROAD.—
O rganization —Chartered in July, 1892. The company went into
O rganization —Chartered March 19 1863, under laws of Maine. At
receiver’s hands Dec. 8,1893, before the first coupon on its bonds ma
a meeting Jan. 21, 1895, the stockholders voted to equip the entire
tured. In'April, 1898, reorganization plans were being matured.
road with trolley and to issue part of the authorized issue of first m o rf
STOCK & BONDS— Miles. Dale. Interest. Outstand’g. Maturity
gage bonds to meet this expense.
Stook, $250,000............................
... .
$250,000
1st mortgage..............^ .... 1893 6 g. M-S 300,000 M a r .T l9 2 3
STOCK & B onds —
Miles. Date. Interest. Outst’ng. Maturity,
$300,000 gold..........( Trustee Seou. Sav. & Tr. Co., Portland, 6 .
St’ckauth.$500,000,$100 ....
6 F.-A. $493,966 F e b .,’98,3%
1st mortgage, $500,000 g 16*2 1893 4^2 g. M -N 500,000 May 1,1913
ROAD—Operates 23 miles of road on the east side of the river, includ
Loans and bills payable June 30, 1897*, $63,478.
ing the line to Oregon City (falls of Willamette River), 15 miles, which
The bonds cover all the property, equipment and franchises.
was completed March 1,1893, and to Gladstone and Gladstone Park
Dividends—In year 1892-93, 4 per cent; in 1894, Aug., 3 p. o.; in
The total cost of the system is said to have been $525,000.
1895, 6 p. o.; in 1896, 6 p. c.; in 1897, 6 p. o.; in 1898, Feb., 3 p. o.
Equipment—Electric motor cars, 19; trailers, 4; steam motors, 3.
Road —Owns 22‘17 miles road and 28‘92 miles of track in'Portland
OFFICERS—Receiver, C. H. Prescott, appointed in July, 1898, ir
Deering and Westbrook. In Aug., 1898, extension of about 3 miles place of Joseph Simon. President and General Manager, George' A.
had been completed.
Steel; Treasurer, James Steel; Secretary, J. B. Cleland.
A n n u a l R eport —F or the years ending June 30 as below:
1897.
1896.
PORTLAND RAILWAY-An e c
le tric ro d
a .
1896.
1897.
Gross earns...$276,857 $247,566 T a x e s ................ $5,579 $4,489
O r ganization —A reorganization in 1896 of the Consolidated Street
Net earnings. 88,182
62,620 Dividends............. 20,883 18,000
Other income..............
3,859 Surplus for y ear...34,949 23,133 By., sold in foreclosure Jan. 8,1896. The Metropolitan By. was not
Interest........
26,771
20,856 Total surplus........21,006 15,043 included in the reorganization—see V. 62, p. 86
74
STREET
R A IL W A Y S .
STOCK & B o n d s .—
Bate. Interest. Outstanding. Last Oiv., etc.
Stock, com., $700,000.......... ...............
$700,000
..........
Pref., 5 p.c., $100,000...........
5 J-J
100,000
.................A
.
Mult’mah St. By. IstM.g. 1890 6g. J-D
148,000
June 1,1910
Port. < Vancouver Ry.. 1889 6 .......
fc
100,000
.............-•
Port.Ry.lstcon.M.,g.o*) 1896 5g. J-J
552,000
Jan. 1,1916
subj.to call Jan.l,1906 ( Interest at Mercantile Trust, N. Y., trustee.
Portland Railway first consol, mortgage is 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. c. per annum after 1905, and are redeemable at par on and
after Jan. 1,1906. The mileage covered by present mortgage debt is
25 miles. The Portland Ry. is not responsible for interest on the Met
ropolitan Ry. 1st mortgage 6s, of which $145,000 are outstanding but
were not included in the reorganization.
R O A D — Owns 25 miles of track.
EARNINGS— Fiscal year ends December 31. Earnings include Metropolitan Ry., which for 1895 showed a deficit under operating expenses.
1895.
1894.
1893.'
maining $15,000 when equipped with trolley. No bonds can be issued
>n excess of $500,000 “ until the stockholders of this company shall
consent to such excess in the manner provided by the laws of the State
o fN e w Y o rn .” Sinking fund, beginning Jan. 1,1897. equal to 1 per
cent of the “ bonds issued hereunder”; bonds purchased at not exceed
ing 110.
R o a d — Owns 15-10 miles of roa d ; second track, 1-14 m.; sidings, -59
m.; total, 16-79 miles of track.
L a t e st E a r n in g s — 12 mos., > 1897...... Gross, $86,406; net, $33,686
Jan. 1 to Dec. 31.
J 1896.... Gross, 86,134; net, 36,597«
EARNINGS—Year ending June 30,1897, gross, $85,300; net, $33,6675
interest, $18,100; dividends, $15,000; balance, surplus, for year, $567.
In 1895-96, gross, $91,813 ; net, $33,457; other income, $479 ;
interest, taxes, etc., $39,297; bal.. deficit for year, $5,361. Total profit
and loss, surplus, June 30,1897, $6,923.
O f f ic e r s — President, J. W. Hinkley,489-493 Main St., Poughkeepsie,
N. Y.; Secretary and Treasurer, Silas Hinckley, Poughkeepsie.
P R O V I D E N C E , R. I.
O f f ic e r s — President, O. F. Paxton; Vice-President, J. V. Beach;
P
o p u l a t io n
1890
w as
132,043;
in
1880
w as
104,856
AND IN 1870 WAS 68,904.
PROVIDENCE - PAWTUCKET - PAWTUXET
PORTLAND TRACTION— tro
A
lley a d c b ro d
n a le a VALLEY, R. I . —U N IT E D TRACTION & ELECTRIC.
.
O rganization—
Successor in 1894 of Portland Cable Co. Owns 7%
S »cretary and Treasurer, J. F. Batchelder.
O r g a n iz a t io n -Controls by ownership of stock and bor ds the entire
street railway system of the city of Providence and of the towns of
North Providence, East Providence, Cranston and Johnston, and all 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 the
P o p u la t io n 1890 w a s 13,268; i n 1880 w a s 11,390.
above the United Traction & Electrio Co. controls by ownership of
P O R T S M O U T H
S T R E E T
R A I L W A Y — Bein
stock and bonds the street railway system in the Pawtuxet Valley lo
changed to an electric line.—V. 62, p. 86.
ORGANIZATION— Chartered in 1887. Municipal franchises expire in cated in the towns of Warwick, Coventry, Cranston and Scituate, servng at present a population of nearly 20,000, and also an electric-dight
Dec., 1918.
plant serving to a considerable extent the same population. The securi
qtopk
B o nds—
Bate. Interest. Outstand'g. Maturity.
Stock authorized $200,000.............
.......
$50,000
. . . . . . . . . . ties by which this ownership is held are deposited to secure the bonds
i
5 .......
5 g. J-J 500,000
Jan., 1926 below described. The United Traction & Electric Co. was chartered
1st mortgage $500,000........ | Mercantile Trust Co., N. Y., trustee.
n New Jersey to build and equip railroads, sell bonds, mortgages, etc.
2d M. for $100.000..............
1897
.......
(1)
............. S t o ck A B o n dsBate. Interest. Outstanding. Biv.,Mat.,Etc.
In August, 1897, a second mortgage for $100,000 was reported to Stock.. . . iT.
Q-J
$8,000,000 July 1,’98,%%
. . . .................
have been made to the United Security Life Ins. & Tr. Co. of Pennsyl
United Tr. & Elec._ Co.,1 1893 5
m . - S.
8,247,000 Mar. 1,1933
vania, as trustee.
1st (coif) M & l’
$
) l nterest payable at Central Tr., N. Y., Trustee ^
LATEST E arning s —From Jan. 1 to August 31, 1895 (8 months),
Bividends—In July, 1897, the first dividend was paid, being *2 p. c.;
gross, $23,508, against $19,330 in 1894.
Oct., *2 p. c.; in 1898, Jan., % p. c.; April, % p. c.; July, % p. c.
Road —Owns 7 miles of track on 4-7 miles of road. Rails 30 to 57 lb.
Bonds—Totalissuelimited to $8,000,000,with provisions for increasing
'
President and Gen. Man., H. G. Williams.—V. 62, p. 86, 234.
the issue by not over $1,000,000 for actual cost of new track (including
equipment) within 18 miles of the City H all 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
P o p u la t io n 1890 w a s 14,117; in 1880 w a s 13,253;
issued in 1895 against new mileage. The bonds are secured by mort
AND in 1870 w a s 12,384.
gage on all the mortgage bonds and all the stock of the Union Ry. Co.
S C H U Y L K IL L
E L E C T R IC
R Y . - A trolley road
of Providence and all the stock of the Pawtucket Street Ry. Co.
O r ganization —Chartered Oct. 5, 1889. Leased for 99 years the
The Providence Cable Tramway Co. is leased to the Union Railway
Pottsville & Reading Ry. (9 miles track), guaranteeing the interest on
Co. for 50 years for 6 per cent on its capital stock, all but two shares
the $100,000 of bonds of that road. Estimated will give service to a
of which is owned by the Union Railway Co.
population of 50,000.
ROAD.— Iu August, 1897. there were completed and in operation
STOCK & B onds — Miles. Bate. Interest. Outstand'g. Maturity.
Stock, $50Tfull paid..
...............................
$650,000
...... ------- 136-6 miles, which include 7-3 miles of Pawtuxet Val. El. St. Ry.
1st M., $500,000 gold. S.......
1895 6 g.M-N
500,000 Feb. 1,1925
S ecurities P l ed g e d .—The securities pledged include all of
$500 and $1,000.o* l Int. at Real Estate Trust Co., Phila., trustee.
the $8,700,000 capital stock of the Union BB. of Providence, all of
Sinking fund 1st mort. is $5,000 per annum, beginning Feb. 1,1900.
the $500,000 capital stock of the Pawtucket Street By. (no bonds) and
Road -W hen completed the lines of the company will connect Potts- all of the $3,000,000 first mortgage bonds of the Union BB. of Provl
ville with Minersville, Schuylkill Haven, Cressona, Forestville, York- dence. The Union RR. owns $299,800 of the $300,000 capital stock of
ville, Heokschervilie, Port Carbon, Mt. Carbon, Palo Alto and Tumbling the Providence Cable Tramway Co. (no bonds)
Run, and will include about 34 miles of road. On June 30,1897,
T r e a s u r y S e c u r it ie s — The United Traction & Electric Co. has m its
owned 9-79 miles of track, including sidings, and leased 9-53 miles ; treasury $361,800 of the $400,000 capital stock and $150,800 of the
total operated, 19*32 miles.
$198,000 first mortgage bonds of the Pawtuxet Valley Electric Ry.
E arnings —Y ear ending June 30,1897, gross, $93,993: net, $22,7155
A ll the above-described roads of the United Traction & Electrio Co.,
int., taxes and rentals, $49,444; bal., deficit, $26,729. In 1895-6 including the Providence Cable Tramway, are now operated by elec
gross, $94,638; net, $21,621.
tricity, and since completion of the electrical equipment in April, 1894,
OFFICERS— President, Richard H. Koch; Vice-President, F. H. Treat the large increase in the earnings anticipated ha been fully realized.
Sec. and Treas., Jesse Newlin. Office, 635 Drexel Building, Philadelphia
Y early E a r n in g s — Fiscal year ends June 30. Earnings have been:
Years end. June 30— Gross.
Net.
Charges. Bal., sur.
( 1 ) POTTS V ILLE & R E A D IN G R A IL W A Y .—A trolley road.
1897-98 .......... ....... $1,742,294
$760,598
.............................
ORGANIZATION—Iu 1894 leased for 99 years to the Schuylkill Electrio 1896-97 .................. 1,702,342
660,395
$412,350 $248,045
659,425
412,350
247,075
1895-96..................... 1,720,784
Ry. Co. for interest on bonds. Its securities, etc., are as follows:
Net is the result after deducting taxes, repairs, damages, etc.
Stock, $50............... $100,0001 p. I Main line..........................8 miles.
1st M., 6 p. c., gold.o*
100,000 Sidings.............................1
“
OFFICERS—President, Nelson W. Aldrich; Vice-Pres., JohnE. Searles
Dated 1895, F-A , Due 1925.
I Total track....... . ...........9
“
Treasurer, F. P. Olcott of Central Trust Co.. New York.—V. 65, p. 464.
Trustee, Real Estate Tr. Co., Phila. |Rails......v ...............78 and 60 lb.
miles of track, of which 5 miles operated with trolley and 2 ^ miles
with cable. Stock, $400,000; President, S. P. Smith, San Francisco.
PORTSM OUTH, V A .
P O T T S V IL L E ,
PA.
( 2 ) TAM A Q U A & PO T T SVILLE ELECTRIC RY.—A trolley road.
O rganization — L e a s e d
to i stock ($50)............. $300,000f.p.
Schuylkill Electric for 30 years | 1st mort., 6 p. c....c*
250,000
from Jan. 5, 18e6. Total track, ]
Dated 1895, J-J, due 1925.
3T3 miles.
1
Mortgage Trustee, Columbia Ave. Savings Fund, Philadelphia.
P U E B L O , COL.
P
o p u l a t io n in
1890
AND
24,558; i n 1880 w
1870 w a s 6 6 6 .
w as
in
as
3,217;
PUEBLO ELECTRIC STREET RAILWAY—
P O U G H K E E P S IE , N. Y .
P
o p u l a t io n
in
1890
an d
22,206; i n 1880
1870 w a s 20,080.
w as
in
w as
20,207;
POUGHKEEPSIE CITY & WAPPINGERS
FALLS ELECTRIC RAIL WAY— tro
A
lley ro d
a .
STOCK & B onds —
Miles. Bate. Interest. Outstand'g. Maturity.
Stic, $750,000,par$100 ........... ...................... $750,000 f.p.................
1st M. gold$1,000s. f. <
20 1894 5 g. J-J
196,000 J u ly l,l«2 4
no option........... c*. ( Trustee, Cent. Trust Co., N. Y. Int.inN.Y.City.
Mtge on real estate.............................. ...........
12,000
...... .
Loans June30,1896. .................................... 150,000
. . . . ---Bonds—The bonds aro limited to $25,000 per mile of completed
trolley road, $10,000 of this being issuable when track is laid and re-
A trolley road.
ORGANIZATION— Chartered in September, 1895. In October, 1897, it
was stated that this company -Crould be reorganized and consolidated
with the Pueblo Light & Power Co. (capital $250,000), which controls
the three electric-light plants.
S to ck a n d B o n d s — Stock authorized, $500,000. First mortgage (of
1895) is for $750,000 of 5 p. c. gold $1,000 0* sinking fund bonds due
Dec. 2,1925; interest, J. andD.; bonds subject to call at 104 after Dec.
2,1900; trustee American Loan & Trust Co., Boston, where interest'is
payable.—V. 61, p. 472.
R o a d — Jan. 1,1898, owned 20 miles of track. Rails 35 lb. TPresident, M. D. Thatcher; Vice-Pres. and Treas., Andrew McClel
land ? SAftretarv. John O. A lbert: General Manager, John F. Vail.
STREET
Q U I N C Y , IL L .
P
o p u l a t io n
1890
w as
an d
in
31,494; i n 1880 w
1870 w a s 24,052.
as
27,26fc
QUINCY HORSE RAILWAY & CARRli ING
CO.— tro
A
lley ro d
a .
In A ug , 1898, reported purchased by a syndicate of Augusta, Port
land and Boston capitalists owning the street-car lines at Joliet,
Champaigu, Springfield, O.. and Bay City, Mich., who proposed, it was
stated, to spend $100,000 in extension and equipment.—Y. 67, p. 372.
STOCK & BONDS—
Stock........................
P ar. Interest.
Outstanding.
Maturity.
$100
..........
$160,000 f.p...............
5 500
5 A -O
140,000
(?)
1st mortgage............ £ Trust’s, E. J. Parker, J. F. Carrott, Quincy, 1 1
1.
R o a d —I n Jan., 1898, w as operating 13 miles of track.— V. 67, p. 372.
Q U IN C Y , M A SS.
P
o p u l a t io n
1890
and
w as
in
16,723; i n 1880
1870 w a s 7,442.
w as
10,570;
QUINCY & BOSTON STREET R i — ro
T lley
.
S T O C K — Capital stock, $420,000; par $100; loans and bills payable
Oct. 1,1897, $114,000; accounts payable (net), $26,388.
R o a d — Owns 22*3 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.
E a r n in g s — For years ending Sept. 30 earnings have been:
Tear—
Qross.
Net.
Int., taxes, Ac. Divids.
Bal.,sur.
1896-97.......$118,395
$39,282
$6,207
$28,448
$4,627
1895-96....... 101,830
35,523
5,911
21,000
8,612
75
RAILWAYS.
'
( 2 ) R E A D IN G & W OMELSDORF E LEC TR IC R A IL W A Y .
O rg anizatio n , E t c .—Owns 14 miles of track. Controlled through
ownership of stook by the United Traction Co., which operates the road.
STOCK & B onds —
Date. Interest. Outstand'g. Maturity.
Stock............................................................
$500,000 ...................
1st mortgage, $400,000,5 1895 5 g. J-J
313,000 Jan. 1,1925
gold, c* ($100, etc.).........( Trustee, Real Est. Title Ins. & Tr., Phila.
Interest at Reading Trust Co. of Beading, Pa.
R IC H M O N D , V A .
P
o p u l a t io n
1890
81,338; i n 1880 w a s 63,600
1870 w a s 51,038.
TRACTION C O . —(See M ap on page
an d
RICHMOND
w as
in
76.j— A n electric road.
ORQANIZATION-Incorporated Aug., 1895. F irst division of road opened
for business June 20,’96. Operation of entire system commenced Apr.10,
1897. This company operates a douole-track electric line »the fu ll
length of Broad Street, one of the principal thoroughfares of the city of
Richmond; also several branches radiating into different thickly pop
ulated sections of the city. I n the equipment and construction of this
railw ay the latest inventions and developments of electrical and
mechanical science have been utilized throughout.
The tracks of the company within the city are laid with 95-lb. steel
girder rails on white oak cross-ties and for a considerable portion of the
distance embedded in concrete, and along streets paved with granite
blocks. The lines in the suburbs are laid with 60-lb. steel T rails.
The company owns its power house, brick and steel car house, etc.
The population of Richmond and its suburbs, including Manchester, is
estimated at 115,000.
STOCK & Bonds —
Date. Interest.
Outstand’g. Maturity.
Stook, $300,000........ ($100).........................
$300,000
..........
Is tM .,$500,000,g.,o*($1,000) 1895
5g.J-J
500,000 N ’v 1,1925
P o p u l a t i o n 1890 w a s 21,014; i n 1880 w a s 16,031;
(Subj. to call 105 after July 1,1900.) Trustee, Maryland Tr. Co., Balt.
A N D i n 1870 w a s 9,880.
Interest payable at Maryland Trust Co., Baltimore, or banking house
BELLE CITY ELECTRIC CO.-A
trolley road.
O r g a n iz a t io n — Successor to the Belle City Street By., which was of John L. Williams & Sons, Richmond.
Mortgage covers entire property and franchises, also power house,
sold to bondholders on July 20,1897, for $150,000. In July, 1898, ne
gotiations were reported to be pending for the sale of the road. Capital carbarn, etc. Sinking fund of 1% p. c. annually of all bonds issued
stock is $250,000 and first mort. is for $250,000 of 5 p. c. bonds of 1897 begins July 1,1900.
Road—Total track is 16% miles. Equipment 26 open cars, double
due July 1,1917 ($250 and $500 each); interest J&J at Chase Nat. Bk/
N. Y., or trustee in Chicago; trustee, Illinois Trust & Savgs. Bk., Chi “ G. E. 1,000” motors, 10 open trailers and 22 close 1 oars; total 58 oars,
EARNINGS— Earnings, June 20, 1896 (date of opening), to June 30.
cago. Owned 12 miles of road with 15 miles of track. Officers: Pres
ident, Joseph M iller; Vice-President, H. M. W a llis ; Secretary, Jack- 1897 (average mileage operated during this period being 12% miles,
son I. Case; Treasurer, Frank J. Miller.—Y. 65, p. 08, 111, 150,1113. or about 80 p. c. of total), gross, $119,100; operating expenses, taxes
and accident insurance, $78,973: net earnings, $40,127; interest .
$20,030; surplus earnings, $20,097. Jan. 1 to Deo. 31,1897, gross/
$132,759; net, $45,038. Jan. 1 to July 31, 1898 (7 months), gross,
P o p u l a t i o n 1890 w a s 58,661 i n 1880 w a s 43,278;
$83,098; in 1897, $71,901.
A N D I N 1870 W A S 33.930.
O f f ic e r s — (Jan.,’98), President, E. B. Williams; Vice-Pres’t, W. M.
UNITED TRACTIONHabliston; 8upt., Edw. J. Willis; Sec., Everett Waddey; Treas., B. L.
ORGANIZATION— Incorporated in December, 1895, to control the
Williams.—V. 61, p. 472, 831,1179; V. 64, p. 1043.
Beading Traction (leased) and Beading & Womelsdorf Electric (stock
owned) roads. Also owns the stock of the Metropolitan Electric Co.
RICHMOND RAILW AY & ELECTRIC CO-STOCK AND B onds —
Date.
Int.
Outstand’g. Maturity. Operates an eleotrio railroad and electric-lighting plant.
Stook, $400,000 (par, $50).........................
$403,700 full Dd.............
ORGANIZATION—Organized in 1890 by consolidation of three street
IstM .,coll, trust, gold, $150,-) 1896 5 gJ -J 149,900
Jan.1,1926
railway and three electric-lighting companies. The company occupies
000 (par $100 & $1,000)___ ) Trustee, B. E. Title, Ins. & Trust, Phila.
Interest is payable at Co.’s office, Beading, Pa. Bonds are subject to principal streets of Richmond and Manchester, thus furnishing street
railway facilities to over 100,000 people. The company supplies the
call at par after three years.
R o a d — Operates 48 miles of track (Beading Traction, 31 miles; entire electric lighting for the two cities, having exclusive contracts
Beading & Womelsdorf Elec., 14 miles) in and between Beading, with both municipalities.
The Richmond & Manchester Railway is operated under lease for 99
Womelsdorf, Black Bear and Stony Creek. 70, 90 and 93-lb. rails.
Owns 81 cars, 68 of which are operated by electricity.
years from 1893, 5 per cent interest being guaranteed on its $400,000
EARNINGS— From Jan. 1 to July 31,7 months, gross, *116,718 in 1898; bonds.
STOCK & BONDS.—
Dale.
Interest. Outstanding.
Maturity.
$109,186 in 1897. Jan. 1 to Dec. 31 (12 mos.), gross, $194,017 in 1897;
Capital stock ($100).......... ....................... $2,000,000Lp...................
$189,493 in 1896; $188,396 in 1895.
1st mortg., $2,000,000) 1890
5 g. J.-J.
2,000,000
July, 1920
$1,000, gold.............5 Int. at Trustee, Atlantic Trust Co.,N. Y. City.
OFFICERS—President, John A. Bigg; Vice-President, B. N. Carson;
Rich.&Manch. ($1,000) 1893
5 J.-J.
400,000 July 1,1933
Secretary1
and Treasurer, M. O. Aulenbach.—V. 61, p. 1014,1118.
each)gua., p. & i.,end. s Int. at Trustee, Atlantic Trust Co., N. Y. City.
( 1 ) B E A D IN G TBACTION—A trolley road.
The Rich. Ry. & Elec, mortgage, it is stated, covers in addition to the
ORGANIZATION— Chartered in 1893 to operate the Beading City Pas
electric-lighting plant about 44 miles of track, the remaining 36 miles
senger Bailway and East Beading Passenger Bailway, which it
of the system being controlled in the company’s interest.
equipped with electricity and leased for 99 years, the former from
L atest Earnings—4 mos.,) 1898......Gross, $128,687; net, $46,334
A pril 1,1893, and the latter from May 1,1893. Boad leased in Decern"
Jan. 1 to April 30.
) 1897......Gross, 122,412; net, 32,988
ber, 1895, to the United Traction at a rental of $10,000 annuaily for
E arnings —For years ending Deci 31 the earnings w ere:
first three years, $20.000 for next two.and $30,000 thereafter.
1897.
1896.
1895..
1894..
1893.
$181,200 $193,397 $190,403 $167,558
STOCK .& B onds — Par- Date.. Interest. Outstand'g. Lastdiv.,etc. Net earnings.......$162,970
Stook..$1,000,000 au.............................. ..... $1,000,000 ..................
Interest charges.. 100,000
100,000 93,125
87,550
78,300
IstM ., $600,000,gold, ( ____ 1$93 6g. J - J
445,000
1933
Not subject to call..c. < Trustee is Provident Life & Trust Co., Phila.
Balance, surp. $62,970
$81,200 $100,272 $102,853 $89,258
Equipment—The equipment includes 112 cars.
Current liabilities July 1,1896, $199,860.
Interest is payable in Philadelphia at Bank of North America and at
OFFICE rs—President,Dr. JohnP. Munn; Vice-President and Treasurer
b anking house qf Frederick Narr, 129 Bouth 4th Street, and in Beading G. E. Fisher; Secretary, F. J. Craigie, Richmond, Va.; Asst. Secretary,
at Company’s office and at National Union Bank.
Donald B. Toucey, New York-City. New York office, 37 and 39 W a ll St.
Bonds—Of the Beading Traction first mortgage bonds for $600,000- -V . 66, p. 1238.
$112,000 are reserved to retire Beading City Passenger bonds when due \
East Beading Elec, bonds of 1897 issued for extensions.
l e a s e d l i n e s s e c u r ’ s . Par. Date. Interest. Outstand'g. Last div., etc.
P o p u l a t i o n 1890 w a s 16,159 a n d i n 1880 w a s 669,
Beading City Pass. By.
ROANOKE STREET RAIL WAY.-Atrolley road
Stook (see below)...... $50 ... ...
J - J $350,000
Jan., 1898
1st M ........................ ......1889
5 A -O
112,000
Apr., 1909 Population of Roanoke estimated in 1897 at 20,000.
East Beading Elect. By.
STOCK < B onds —
fe
Date. Interest. Outstand'g
Maturity.
50
Stock, full paid.........
50 .......
J -J
100.000
J&iiii 1&98 Com. stock ($500,000 auth’d)......................... $350,000
. Bonds, $25,000........ .... 1897
5 p. C
.
21,500
Pref. stock ($150,000 auth.))
inn non
Bead. & Temple Elec. By.
6 per cent cumulative......5 ........................ • iou,uuo ......... ....... ...
Stock, $75,000, guar.
7 A -O
43,200 Oct. 1,’97,3%% 1st M. $5001000, gold. $100) 1 9 6g. M -N
82
350,000 May 1,1922
1st mtg., $75,000..... .... 1894
5 A -O
43,500
1924
and $500,not subj.to call.o* 5Trustee, Fidelity I. Tr. & S. D. Co.,Phila.
Dividends on Leased Line Stocks—The Beading City Passenger stook
R eceivership .—in February, 1 9 ,D. w Fliokwir was appointed
88
.
to receive dividends, 1896 to 1900 inclusive, 10 per cent; 1901 and receiver preparatory to consolidation with Roanoke Elec. L. & P. Co.
thereafter, 12 per cent. East Reading stock receives dividends: 1896, In Aug., 1 9 .
8 8reorganization prospects were reported to be good.
$6,500; 1897 to 1900 inclusive, $7,000; thereafter, $8,000. Beading
Ro a d —Operates 14 miles of road in city of Roanoke, extending also
Temple Elec, dividends of 7 p. c. are guaranteed under lease.
8 miles to Salem, Va.; total track, 22% miles.
E arning s —For year ending Dec. 31,1897, gross receipts, $419,927;
L a t e st E arnings —Jan. 1 to Aug. 31, 8 months, gross, $23,130 in
net, $169)202; fixed charges, $161,800; bal., surplus for year, $7,402 • 1897; $27,590 in 1896; $23,979 in 1895.
In 1896, gross, $415,015; net, $169,070; fixed charges, $163,804,
OFFICERS—President (Nov., ’97) H. S..Trout; Vice-President, T. T.
R oad - O wned and leased 31 miles of track. V. 64, p. 177.
Fishburn; Treasurer, S. W. Jamison Secretary, Geo. C. McCahan.
R A C I N E , W 1S.
R E A D IN G ,
PA.
ROANOKE, VA.
STREET
RAILWAYS.
R O C K L A N D , M E.
R O C H E S T E R , N. Y .
P opulation 1890
was
133,896;
in
1880
w as
89,366;
AND IN 1870 WAS 62,386.
ROCHESTER R A I L W A Y —A trolley road
O r ganization —Chartered Feb. 25, 1890. Operates about 80 miles
of track i a city of Rochester, with extension to Ontario Beach, 8 3* miles,
and to Windsor Beach, 9 miles. The Rochester Electric Railway was
eased in September, 1894, at a rental said to be 8 per cent on $200,000 stock, and whenever gross receipts exceed $55,000 one-quarter of
sueh excess. The Rochester & Irondequoit was leased for 10 years at
an annual rental of $8,000; see that company under Irondequoit.
STOCKS & B o n d s Date. Interest. Outstanding. Maturity.
Capital stock ($100)..................
.... $5,000,000
................
Roch. C’y & Brighton 2 d) 1882 6
J- J
500,000 Jan. 1,1902
M., now 1st M. ($500)... j Int. at Flour City Nat. Bank, Rochester.
Booh. CFy < B. 3d M., now 51889 6
fe
A -O
175,000 Apr. 1,1919
2d M. ($500)................. ?
Interest at Rochester Tr. & S. D. Co.
Rochester Rv Consol M* C 1890 5 g. A —
O
2,200,000 Apr. 1,1930
$3^000,0 & i , (W 0 ) g . i * l In^
Sl at Cuyler> Mor« an & Co- New York
2d M., $1,500,000, g. )■ 1893 5 g . J - D
1,188,200 Deo. 1,1933
($1,000 each)....... c* > Interest is payable at Seourity Tr. Co., Roch.
Debentures, gold....... ) 1891 6 g. M -S
250,000 Mch. 1,1911
($500 each.)............5
Subject to call after Mar. 1,1901.
Collateral trust notes) 1897 6 M - S
182,000 Mar. 1,1905
($1,000)................. 5 Interest at Security Trust, Rochester.
r Consolidated mortgage of 1890 and second mortgage cover all present
and future property of 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 consols $1,000,000 are reserved to retire underlying bonds of
the Rochester City & B. RR. and of the seoond mortgage 5s $750,000
were reserved to retire the $600,000 of debentures, of which $250,000
still outstanding in October. 1897.
ROAD—Owned J’ne30, ’98. Miles.
Road leased—
■
Miles.
Main line, trolley................. 46 05 Rochester Electric.............. 4*63
Second track...................... 34*68
do
do
2d track...4*13
Sidings................................ 1*80 Rochester & Irondequoit...... 4*47
do
2d track & siding 4*57
Total oper. June 30,’98....100*33
Weignt of rails, 40 to 100 pounds.
L a t e st E arnings —F or nine months ending Mar 31
9 mos.
Gross.
Net.
Oth. inc. Int. <6 taxes. Bal., sur.
1897-8....$597,536
$241,638
$8,079
$ 223,146
$26,571
1896-7.... 621,127
219,862
7,921
230,431
2,643
Loans and bills payable June 30,1898, $255,161.
Trend.June 30. 1897.
1896.
1896.
1897.
Gross earnings.$806,104 $880,117 Int.on bonds.. $244,866 $249,951
44,292
N e t ................. 265,147 306,009 Taxes...........
51,109
Other income...
8,006
20,232 Rentals.........
16,000
5,048
Net income ..$273,153 $326,241
Gross earnings, 1897-8, $786,694.
17
B a l.......dei. $27,870 sr.$15,998
P opulation 1890 was 8,174; in 1880
AND in 1870 was 7,074.
was 7,599;
R O C K L A N D
T H O M A S T O N
&
C A M D E N
S T R E E T R A I L W A Y . —An electric ro
O r g a n iza t io n —I ncorporated June 27,1891.
S tock & B o n d s —
Date. Interest. Outst'd’g.
M aturity.
Stook ($100) ($300,000 au th .).....................
$250,000 ...... ............
1 iw
nnm
5 1892 5 J —
J
250,000 May 1,1922
1st m . (!t>zou,uuu).............. £ Interest at Nat. Exchange Bank, Boston.
Loans & bills pay. July 1,’98...........................
25,000 ................ .
Road —Operates about 16*3 miles of track from Thomaston through
Rockland and Rookport to Camden.
Tears ending June 30. Gross.
Net.
Int. and taxes. Bal..sur
1898..............................$68,223
$25,436
$14,132
$11,30 4
1897.............................. 66,782
25,693
14,457
11,235
O F F IC E R S — President, G. E. Maoomber; Secretary, H. M. Heath
Treasurer, A. D. B ird ; Supt. and Purch. Agt., Thomas Hawken.
R O M E > GA.
P opulation 1890
was 6,957; in 1880 was 3,877;
and in 1870 WAS 2.748.
C I T Y E L E C T R I C R A I L W A Y —A trolley road.
O rganization —Chartered in 1894 as successor to the Rome S r e
te t
Railway, which was sold in foreclosure July 5, 1895.
STOCK & Bonds — .
Date. Interest.
Outst’d’g.
Maturity.
Stock, $100,000, par $100......................... $57,000 f.p......................
1st mortg., $100,000, go ld) 1894 g. A - O
85.000
Oct. 1,1914
$1,000, not subj. to call. 5 Int. at Am. Sec. & Tr. Co.,Washington, D. O.
Bonds—On April 1,1897, $15,000 of bonds and $3,000 stook were Is
the treasury. On Dec. 31,1897, $84,000 bonds were held by Georgia RR
ROAD—Owns 6ig miles of track (of which I I 5 built in 1897, fund
being contributed by bondholders), laid with 35 and 45-lb. T rails.
For year ending Dec. 31, 1897, gross, $23,018; net. $5,245. In
1896, gross, $21,083; net, $4,689; charges, $4,250; balance, surplus,
for year, $439. In 1895, gross, $20,415. From Jan. 1 to July 31,189S,
gross, $13,835; net, $2,164; in 189 7, gross, $13,024; net, $3,192.
O F F IC E R S — President, Seymour Cunningham; Gen. Man. and Treas
J. B. Marvin.
R O M E , N. Y .
P opulation 1890 was 14,991; in 1880 was 12,194;
AND in 1870 WAS 11,000.
R O M E C I T Y S T R E E T R A I L W A Y —A horse road.
Stock ($50,000) par $100. .$50,000
E A R N IN G S —Year ending June 30.
R O A D — Owns 6*7 miles track.
1897.
1896.
189ft
O F F IC E R S — President, J. S.Ward- Gross.... $4,861 $6,115 $6,890
well; Secretary and Treasurer, W. Net........loss 470 loss 443
163
P. Rayland.
P. & L ... df.982
512
69
GENEEAL BALANCE SHEET JUNE 30, 1897.
Assets.
Cost of road.. . . . . . . . . . ) aq 0*70 oqq
Cost of equipment.... 5^y,a '®>yay
Stocks of other comp’s.
167,500
Supplies on hand.........
16,195
Cash................
7,318
Open accounts, etc.....
27,273
Liabilities.
Capital stock................$5,000,000
Funded debt........... ... 4,495,200
Bills payable,..............
234,803
Open accounts, etc......
187,843
Accrued int., taxes, etc.
72,140
Profit and loss, surplus.
107,299
Total....................... $10,097,285
Total.......................$10,097,285
O F F IC E R S .— President (Aug., 1898), Frederick Cook; Vice-President
and Gen. Man., T. J. Nicholl; Secretary, G. G. Morehouse; Treas
urer, Frederic P. Allen.—In d e x —V. 66, p. 237, 860, 901.
R O C H E S T E R
C H A R L O T T E
&
M A N IT O U
R R . —Trolley.
O rg anizatio n , Et c —I ncorporated In 1895. Successor to Grand
View Beach RR. sold in foreclosure.
STOCK & B o n d s —Capital stook, $100,000, of which $97,500 is
issued. Bonds, $82,000, first mortgage, gold, 5 per cent; interest pay
able annually on Deo. 1st. Dated Deo. 1st, 1895; due Deo. 1st, 1925
Issued, $81,250. Trustee, Security Trust Co., Rochester, N. Y.
Road —From Charlotte (suburban town and resort of Rochester, on
Lake Ontario,) to Manitou Beach, on Lake Ontario, 7 miles.
EARNINGS.— Year 1896-7, gross, $10,296; net, $884; charges, $5,113.
O F F I C E R S — President, Miohael Doyle; Chairman, Lewis Warfield
54 W all Street, N ew York City.
RUTLAND,
P opulation 1890
VT.
was 8,239; and in 1880 was 7,502.
R U T L A N D
S T R E E T R A I L W A Y . —A trolley road*
O rg anizatio n In 1894 rebuilt the line as a trolley road and newly
equipped it throu hout. Stock authorized, $150,000; issued, $125,000
1st mortgage, 1894, 6s, M. & S., authorized, $100,000; issued, $81,600
Operates 8 miles of road on 8 miles of street. Pres. J. W. Cramton
S A C O , M E.
P opulation 1890
was 6,075; in 1880 was 6,389.
S A C O R I V E R E L E C T R I C R A I L R O A D . —To be
a trolley road.
O r g an izatio n .—I ncorporated to construct a road from Saco to
Bonney Eagle, Me. Population served estimated about 30,600.
STOCK AND BONDS—
Date.
Interest. Outstanding. Maturity.
Stock, $250,000, par $100
___
___
$100,000
1st M.,g.,$200,000 ($1,000) 1898 5 g. F - A
(?)
FebVl, 1928
ea.); B. f. after 1904.. .o' 5 Int. at Mass. L. & T Co., Boston, Trustee.
O fficers .—P resident, E. B. Loring; Treasurer, F. Hobart. Office
432 Tremont Building, Boston.—V. 66, p. 710; V. 67, p. 321.
SA C R A M E N T O , CAL.
P opulation 1890
R O C K F O R D , ILL.
P opulation 1890
AND
was 23,584; in 1880 was 13,129;
in 1870 was 11,049.
was 26,386; in 1880 w as 21,420;
and in 1870 was 16.283.
SACRAMENTO ELECTRIC GAS & R
e
April 4,1896. A consolidation of the
Sacramento Electric Power & Light and the Folsom Water Power Co.
The water power is obtained from Folsom, 24 miles from Sacra
ROCKFORD RY. LIGHT & POWER CO.-A
mento. The total ooSt of the property (including the railway, hydraulic
rolley roa d . '
ORGANIZATION— The Rockford City Ry. was chartered Jan. 20,1890, works, lighting plants, parks, etc.), was to May 1,1898, $2,828,990
STOCK & B onds — Miles. Date. Interest. Outst'd’g.
M aturity
and name changed in 1898. In Aug., 1898, a movement was on foot
Stk.,$2.500,000 ($100)
..............................$1,500,000
*
to consolidate with the Rockford Traction Co.—V. 67, p. 321.
Central El. Ry. 1 st) 16 1992 6g. J - D
265,000 June lV 1912
STOCK & Bonds —
Date. Interest. Outstanding. Maturity.
C
($25,000 due yearly) to June 1, 1921
Stock......................... .
, ......
.......
$200,000
........... .
$1,000 & $500— 0* ) Int. at Cal. S. D. & Tr. Co., San Fran.. Trustee
1st m o rtg a g e ............. 1890
6 M -N
12o,000 May 1,1910
Consol, mort., $2,500,-) .... 1897 5 M-N 2,070,000 Nov. 1 1927
2d mortgage.............. .
1893
7 M -N
75,000 May 1,1898
000 ($1,000)............ 5 Int. at Cal. S. D. $ Tr. Co., San Fran., Trustee,
Trustee of both mortgages is the Northern Trust Co. of Chicago, 1 1
1.
B onds —Of the $2,500,000 bonds authorized, $265,000 are reserved
Road —Said to operate 15 miles of track.
for the Central Electric Ry. firsts, and a portion was used for the r*
OFFICERS— President, R. N. Baylis; Secretary, F. W. McAssey; Treas tirement of the $1,650,000 6s of 1896.—V. 65, p. 977.
urer, W. F. Woodruff; Gen. Man. and Purch. Agent, T. M. Ellis.—V. 67,
Road —The railway system extends l e ^ miles with 2 4 ^ miles of
p. 127, 321.
single track. It covers the entire city and has valuable franchises
running 50 years and giving practical control of transportation in the
R O C K F O R D
T R A C T I O N . —A trolley road.
city. East Park and Oak Park are owned.
O r g a n iz a t io n — Incorporated in 1895, and succeeded to the property
E arnings —Y ear ending Jan. 31,1898 (railway department only)
of the West End Street Railway. Capital stock is $300,000; par $100 gross, $150,368; net, $60,759.
Bonds (1). Has 11*2 miles of track on 11*2 m. of streets in Rockford, 1 1
1
O F F IC E R S —President, Albert Gallatin; Secretary, Joshua Barker
President, C. H. Moore, J r.-V . 62,p.
V. 7, p.’ 127, 321
Gen. Man., H. P. Livermore, San Francisco, Cal.—V. 65, p. 278,977.
o r g a n iza t io n —incorporated
STREET
78
•
RAILWAYS.
S A G I N A W , M ICH.
46,169; i n 1880 w a s 29,541;
AND IN 1870 WAS 20,685.
IN T E R
U R B A N
R A I L W A Y —A trolley road.
. ORGANIZATION— Commenced operations August 1,1896.
STOCK & Bonds —
Date.
Interest.
Outstanding.
Maturity.
Stock,$200,000($100) ........................
$200,000
P
o p u l a t io n
1890
w as
l8($1000) gold’0'°o*\ 1896
6 K- M -N
300,000
May 1,1916
Trustee, Union Trust Co., Detroit, Mick. Interest payable at Han"
over National Bank, New York City.
Mortgage covers roadbed, rolling stock, all equipment, etc., about
five miles of private rigbt-of-way and bridge across tbe Saginaw
River, which cost $60,000.
R OAD_ O w ns 11 miles of road and operates under contract 3 miles,
OFFICERS—President, Isaac Bearinger; Secretary and Treasurer,
Frank E. Snow. Y. 63, p. 794.
U N IO N
S T R E E T
R A I L W A Y . —A trolley road.
ORGANIZATION —Chartered October 5, 1887, and in August, 1895»
controlled all the street railway transportation in the city, having
leased the Consolidated Street Ry., guaranteeing its bonds. Franchises
are for 29 years and are said to be unusually liberal. Population of
city in 1895 was said to be about 60,000.
Default—Receivership—Interest due May 1, 1897, was not paid and
Homer Luring was appointed receiver of the Union and the Consoli
dated on May 22. In July, 1897, George B. Morley was appointed a
co-receiver. Receivers’ certificates for $20,000 have been authorized
to pay the city for paving, etc.—see Y. 64, p. 954. In April, 1898, the
receivers were authorized to borrow $10,000 additional for repairs.
Foreclosure decree was entered in Aug., 1898.
Committee-Charles E. Eddy, Gardner T. Sanford and S. D. LoringA majority of the bonds has been deposited
STOCK & bo nd s — Miles. Date.
Interest. Outstand’g. Maturity.
Stock, $450,000..•........................................ $300,000 ...................
Receivers’ certific’ts ___
1897 6 semi-an.
20,000
1899
1st mort. $325,000 > ___
1891 6 g. M - N
325.000 May 1,1911
I D
»
- 14
1
gold, ««Adption.. AA+A-T» a A T\rtT\ P fii«
no
> Boston Safe Dep. & Tr. Co.,4 Ho -AA TÌAO+AD
trustee, Boston.
On Jan. 1,1896, the funded and unfunded debt amounted to $400,797.
A second mortgage on this property secures guaranty of Saginaw
Consolidated Street Railway bonds.
In May, 1897, a chattel mortgage for $42,500 was filed to Union
Trust Co. of Detroit to secure notes outstanding.
Road -Operates 30 miles of track, including the Consolidated St. Ry.
OPERATIONS—lu year 1895, gross, $122,509; net, $14,064.
OFFICERS—President, F. E. Snow; Secretary, L. T. Durand; Treas
urer, F. Woodruff.—V. 64, p. 954,1043.
UNION
S T R E E T RAILW AY SYSTEM-
S A G IN A W CONSOLIDATED STREET RY.—A trolley road.
ORGANIZATION—Organized in 1894 with a franchise for thirty years.
Owns a park of 65 acres. The Consolidated Road is operated under
ease by the Union Street Railway.
Default—Receivership—Interest due Feb. 1,1897, was not paid and
receivers were appointed. Receivers are Homer Loring and George B.
Morley. Receivers’ certificates $20,000 authorized for improvements.
In August, 1898, $33,000 additional authorized to pay city taxes and
build new track. Foreclosure decreed in Aug., 1898.
Committee— hairman, C. Sidney Shepard; Charles E. Eddy and S. D.
Loring; depositary, Boston Safe Dep. & Tr., Boston. Practically all
of the bonds have been deposited.—V. 04, p. 954,1043.
STOCK & B onds — Miles. Date. Interest. Outstand’g.
Maturity•
Stock........................................................
(?)
................
^ a t e l^ O .O O O 1
:
} - •
1897 6 semi-an. $20,000
1899
Saginaw Cons. St. Ry. ( ___
1894 6 g. F -A
225,000 Nov. 12,1914
1st M. $225,000, c*, < Boston Safe Deposit & Trust Co., Trustee,
gold, gu. No option. (Boston. Bonds $1,000 each.
Bonds—The bonds are guaranteed, principal and interest, by the
Union Street Railway Company, and the guaranty is secured by a
second mortgage on that property.—V. 64, p. 954,1043; V..65, p. 572.
ST. JO SE PH , MICH.
P
o p u l a t io n
1890
an d
4,826; i n 1880
1870 W A S 2,994.
w as
in
w as
3,550;
ST. JOSEPH & BENTON HARBOR ELEC
TRIC STREET RAILW AY COORGANIZATION—Chartered in 1884. Successor of the St. Joseph &
Benton Harbor Ry. & Light Co. Stock, $100,000. First mortgage
gold 6s, J&J, $200,000, dated July 1,1913, due July 1, 1912, interest
payable J-J, at 1 1 Trust & Savings Bank, Chicago, Trustee. Oper
1.
ates 5*2 miles of track on 3*2 miles of street. For year ending Deo.
31,1895, gross, $27,885; def. under operating $620. V. 66, p. 1090.
ST.
P opulation 1890
AND
JOSEPH,
MO.
was 52,324; in 1880 was 32,431;
in
1870
W AS
19,565.
ST- JOSEPH RAILW AY LIGHT HEAT &
POWER. —Owns in all 33 miles of track.
O r g a n iz a t io n — Incorporated in 1895 to succeed to the property of
the St. Joseph Traction A Lighting Company, sold in foreclosure Aug21, and purchased for the bondholders for $300,000. The new co apany has an authorized capital stock of $3,500,000, of which $2,000,000 is preferred, and assumes $100,000 Wyatt Park bonds.
OFFICERS—President, E. H. Harriman, New York City; Secretary
and Treas., H. A. Sohenck; Gen. Man., W. T. Van Brunt.—V. 61, p. 926
Franchise for 50 years from 1893 free from any revenue to the city •
STOCK & Bonds —
Date. Interest. Outstand’g. Last Div’d, etc
Stook $300,000 ($50 & $100)....................... $150,000
.................
1st M., Subject to call i n ’98..1888 6 J - J
50,000
1898-1903
Mort, cold «Ronnnn
5 1896 6 g. M-S
150,000
1916
M o rt, gold, $300,000......£ Trustee, Union Trust Co., St. Louis.
No interest ever paid on bonds of 1896, and sale on default under
first mortgage has been set for Sept. 20,1898. Floating debt said to
be $75,000.
ROAD—Owns 4*2 miles of track and leases (for 40 years) trackage
over People’s Ry., 2 miles, at annual rental of $6,000.
OFFICERS— Pres., Chas. Green; Sec., Chas, J. Maguire, V. 65, p. 111.
CENTRAL TRACTION CO.-To b a tro
e
lley ro d
a .
ORGANIZATION—Incorporated in 1898. Obtained franchise April 13,
1898, which was accepted by the Company in June, 1898, and bond
given for $250,000 signed by the Mississippi Valley Trust Co. of St.
Louis, to guarantee the carrying out of its provisions. Stockholders
on July 30,1898, voted to increase stock from $100,000 to $5,000,000,
and construction is to be pushed as rapidly as possible after arrange
ment of necessary preliminaries, such as issuance of bonds and letting
of contracts. An issue of $5,000,000 bonds, it was understood, would
soon be authorized. V. 67, p. 176, 273. An attempt was being made
to annul the franchise. President, R. M. Snyder, New York ; Secre"
tary, John H. Blessing, 8t. Louis, Mo. V. 67, p. 176, 273.
JEFFERSON AVENUE R Y . —An electric road.
S tock & Bonds —
Date. Interest. Outstand’a. Last div., etc.
Stock $400,000 ($100).............................
$112,000 Deo., 1888,2%
Mortgage $400,000........
1895 5 M -N
320,000
1905
Road—Operates 6 miles of track.
OPERATIONS— Following is the number of passengers carried :
ls ( guar.
2d quar.
3d quar.
4th quar.
Total yea r.
1898........ 414,435
446,139
................................
..........
1897
392,057
463,176
449,365
449,580
1,754,178
OFFICERS— President, Robert McCulloch; Secretary, W. D. Henry.
LINDELL R A I L W A Y —A n electric road.
ORGANIZATION— Incorporated January 24,1864. Owns and operates
an extensive system of roads in St. Louis and vicinity. Its road
owned was opened in December, 1890. In addition it controls Comp
ton Heights TJnion Depot d Merchants’ Ter. Ry., and Taylor Ave. RR.
t
C o n s o l i d a t i o n o f S t . L o u i s R o a d s .— In April, 1897, parties con
nected with the Lindell Railway acquired control of the Missouri RR,,
and in May, 1898, bills were pending before the Municipal Assembly
granting permission to absorb the latter and providing for extension
of latter to Forest Park and a number of loops connecting the two
systems downtown. The Midland Electric Railway (running six miles
into the country), and the Clayton & Delmar RR. (opened in June
1897, ) were also purchased.
STOCK & B onds —
Date. Interest. Outstand’g. Divid’ds, etc.
°o?ized,e$2?500,000. \
5Q“J
$2,400,000 A p r.’98,1^%
1st M., $1,500,000. ...o **r ) 1891 5 g. F -A
1,500,000 Aug. 1,1911
gold, $1,000 each........ s Interest payable in New York and St. Louis.
Guaranteed (p. &i.) endorsed.
Compton H. U. D. &M. T.)1893 6 g. J-J
1,000,000 July 1, 1913
1st mort., gold..........c* s Interest payable in New York and St. Louis.
Taylor Ave. RR. 1st M., g. 1893 6 g. J-J
500,000 July 1, 1913
In July, 1897, capital stook for $100,000 was in company’s treasury
as also $1,000,000 stock of Compton H ’gts and $500,000TaylorCo. Ry.
Mortgage Trustee is the St. Louis Trust Co. of St. Louis.
DIVIDENDS—lu 1895 paid 5 p.c.; in „1896, 5 p.c.; in 1897, 5 p. c.; in
1898, Jan., l ^ p. c.; Apr., l x p. o.
4
ROAD.— Operates 60-10 miles single track in St. Louis and vicinity,
including the Compton Heights Union Depot d Merchants’ Terminal
t
By., 12*10 miles in length, and the Taylor Avenue road, 9*20 miles.
EARNINGS.— The following gives the number of passengers carried:
Tear— Passengers. Quarters. 1898.
1897.
1896.
..........
4th
1897.......... 21,342,220
5,454,166
5,167,531
3d
..........
1896.......... 21,535,251
5,764,981
5,674,597
2d
5,813,940
1895.......... 20,237,599
5,613,574
5,933,858
1st
4,950,403
4,509,499
4,759,265
1894.......... 17,425,971
OFFICERS—Presiden t, Edwards Whitaker ; Vice-President, C. D.
MoLure; Secretary and Treasurer, James Adkins.—V. 65, p. 69.
M I S S O U R I R A I L R O A D —Cable and electric.
Control of this road has been purchased in the interest of the Lindellg
Railway, but the road is run independently, as formerly. Consolida
tion with the Lindell Railway and extension of Olive Street cable line
to Forest Park has been proposed.
S T O C K & BONDS—
Date. Interest.
Outstand’g.
Last div., dtc
Stk ($2,400,000) ($100) .......
Q. - J .
$2,300,000 Apr., *98,1*3%
1stmtg.,$l,000,000.c* 1896 5 M .- S .
700,000
1901-1916
Subject to call in 1901 at 105.
For Park, Laclede Av. (
7n «
qo non
i ann
& 4th St. bonds.......s ........
' p - °*
oz.uuo
iao o
Dividends 1894 and 1895, 8 p. c. each; in 1896,7 p. o.; in 1897,6 p.c.
in 1898, Jan., l ^ p. c.; Apr., l i « p. c.
ROAD—lu May, 189d, controlled about 2o*82 miles, including Mis
souri RR. (cable), 18 98; Forest Park & Laclede (Eleo.), leased, 6-$4.
O perations —The following gives the number of passengers carried.
1 st quar. 2d quar.
3d quar. Ath quar. Total Tear.
1898............3,556,394 3,900,201
.................... ...........................
1897............ 3,520,588 3,900.007 3,546,455 4,037,282 15,004,332
1896............ 3,662,449 4,288,723 3,578,599 3,889,970 15,419,747
OFFICERS— President, Edwards Whitaker; Vice-President, C. D. MeLure.—V. 64, p. 800; V. 65, p. 69.
NATIONAL RAILWAY CO.-
ORGANIZATION— Organized in 1889 under the laws of Illinois. It
controls the following street railroads of St. Louis, Mo.: Northern
Central, Cass Avenue & Fair Grounds, Union Railroad, Citizens’ Cable,
P opulation 1890 was 451,770; in 1880 was 350,518;
Baden & St. Louis, Southwestern Electric and the St. Louis Railroad.
4-ND in 1870 w a s 310,864.
STOCK & B onds —
Date. Interest. Outstanding. Last div.,etc.
FOURTH STREET & ARSENAL RY.-Trolley. Stock, $2,500,000..................... 6 q.-J. 10 $2,479,500 July 9,’98,11«%
O r g a n iz a t io n — Opened in June, 1896.
Bonds—See controlled lines below.
ST. L O U IS , MO.
ST- LOUIS & BELLEVILLE ELECTRIC RY.—
DIVIDENDS—Dividends in 1896, 6 per cent; in 1897,6 per cent; in
To he a trolley road. To huild a double track railway between Belle
1898, Jan., I V p c.; Apr., I V p. c.; July, I V p. c.
ville and East St. Louis. Stock increased in January, 1898, from $50,Road —I n 1894 operated 70 miles of street railway in St. Louis
Gross receipts for first half of 1898 were $19,463 larger than in 1897. 000 to $500,000 —Y. 66, p. 83. In May, 1898, made a mortgage to se
A n n u a l R e p o r t 'Report for the year ending Dec. 31, 1897, was cure $500,000 5 p. c. 40-year gold bonds ($500 and $1,000 each).
given in V. 66, p. 284, showing earnings as follows for the properties Breckinridge Jones, Vice-Pres. Mississippi Valley Trust Co., Trustee.
President, John A. Day; Secretary, Charles Sutter.
controlled, and the proportion due National Ry. Co.
1896.
1895.
Years ending Dee. 31—
1897.
ST. LOUIS BELLEVILLE & SUBURBAN RY.
Entire System—
Gross earnings.. ...................... $1,467,976 $1,522,273 $1,403,957
O rganization—Formed in 1897 and built 12V miles of single
582,642 track; to be doubled at once, making 25 miles of single track. Road
628,755
Net earnings.....................
588,037
377,413
366,587
Fixed charges, interes land taxes
366,746
251,342
216,055 opened May 15,1898; rails (60 lb.) Connects with St. Louis & East
Surplus of system..............
221,291
St. Louis at Eads Bridge. Expected to be in operation to Court House
National Ralway—
209,092
179,141 Square, Belleville, by Sept. 1,1898. Capital stock, $350,000. First
Nat. Ry.. proportion of surp......
189,929
19,565
19,565
Other income....................
19,565
mortgage (St. Louis Trust Co., trustee), $350,000, 6 p. c. gold bonds,
$198,706 $1,000 each, dated Jan. 1, 1897, due 1919, J-J. St. Louis Trust Co.,
$228,657
$209,494
148,770 Trustee. Subject to call at par after 1907. President, F. F. Espen
148,770
148,770
Dividends National Railw ay—
$79,887
$60,724
$49,936 scheid; Secretary, George F. Townsend.
O fficers —President, D. G. Hamilton; Secretary, E. A,. Lancaster.
ST. LOUIS COUNTY STREET RAILW AY.
Office. 3,820 Easton Ave.— 7. 64, p. 2 8 4 ; V. 66, p. 284.
O rganization—Operates 3 miles of track with horses. Stock, $50,
Companies Controlled by N ational R a i lw a » Co.
000. President, M. B. Greensfelder.
( 1 ) B A D E N & ST. LOUIS R A ILR O A D —A trolley road.
ST. LOUIS & EAST ST. LOUIS ELEC- RY*—
O r ganization —Controlled by St. Louis r r . Co.
O rganization—Chartered in July, 1889.
STOCK & B onds
Par. Date. Interest. Outstand’g. Maturity.
STOCK & Bonds —
Date. Interest. Outstanding. Maturity.
Stock............ .......
$50 .................
$50,000 ...................
$250,000
.................
Stock........................................................
1st mortgage gold!... 5 ---• 1893 5g. J - J
250,000 July 1,1913
1st M. currency...............
1890 6 J - J
75,000
Jan. 1,1905
l Trustee, Northern Trust Co., Chicago, 1 1
1.
Interest payable at office of the mortgage trustee, St. Louis Trust Co*
ROAD—6'7 m. of track. Operations included in St. Louis RR. reports.
ROAD 2 miles of track on 1 mile of road. Cars cross Eads Bridge.
: ( 2 ) CASS A V E N U E FA IR GROUNDS R A IL W A Y —A trolley road.
OFFICERS—President, D. R. Powell; Secretary, D. T. Breck.
ORGANIZATION.—Controlled by the National Railway Co.
ST. LOUIS & KIRKWOOD RR-A tro
lley ro d
a .
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
Stock ($100)................................ .......... $2,500,000 ....................
ORGANIZATION—Completed March 1,1896. Connects at Forest Park
1st mortgage, $2,000,000,) 1892 5g. J-J
1,901,000
July 1,1912
with Lindell Railway. In July, 1897, St. Louis & Suburban Ry. ob
gold, $1,000, sink, fund, > Subject to call at 102 on any July 1st.
guar. p. & i. (end.)...... o" ) Interest at No. Trust Co., trustee, Chicago. tained control.
STOCK & B o n d s Date.
Interest. Outstand’g.
Maturity.
The bonds carry the unconditional guaranty as to principal and
$300,000
................
interest of the National Railway Company of Chicago. They cover all Stock (par, $100)........................................
New 1st mort., $350,000. 1898
..........
See text......................
roperty and franchises now owned or hereafter acquired, including
New mortgage, $350,000, has been authorized to replace 1st mort
[until the total debt is reduced to $1,000,000] $500,100 stock of the
gage, $300,000, but no bonds had been issued in May, 1898.
St. Louis Cable Railroad. Sinking fund $ 10,000 yearly.
R o a d — Owns 10*2 miles track in St. Louis County (none in the city).
Road —34-47 miles of track, including lines owned in fee—15-40 miles
PRESIDENT—James P. Dawson.—V. 64, p. 331.
lines controlled - Northern Central 8-75 miles,Union Ry., 10-32 miles.
ST. LOUIS & MERAMEC RIVER RAIL
O per atio ns .—Following is the number of passengers carried, in
ROAD— tro
A
lley ro d
a .
cluding the Northern Central and Union lines:
O rganization—Organized in 1894, and in 1896 obtained all the
1stquar.
2d quar.
3d guar.
4th quar. Tot. for year.
.............
.............
............. rights and franchises of the Manchester Road Electric Ry.
1898...2,192,966
2,414,863
STOCK AND BONDS—
Date. Interest. Outstand’g.
Maturity.
1897 ...2,110,910 2,317,287
2,297,838
2,412,655
9,138,690
See text.
...................
1896 ...2,232,600 2,507,429
2,421,434
2,385,533
9,546,996 Stock, $2,000,000......................................
1st M., $1,000,000, go ld ) 1896 6 g. M-N $1,000,000 May 8,1916
( 3 ) CITIZENS RAILR O AD—An electric road.
($1,000), guar, p.&i., by > Interest at Mississippi Valley Trust ComSt. L. & Sub., end___ c* ) pany, St. Louis, trustee.
ORGANIZATION—Controlled by the National Railway Company.
(?)
None July ,’98
(?)
STOCK & B onds —
Date. Interest. Outstand’g. Last div.. etc. Consol. M., $2,000,000... 1898
In 1898 stock increased to $2,000,000 (from $1,000,000), and an ad
Stock ($100) $2,000,000................ Annual $1,500,000 Oct.’93,4p.c.
nno nnm 5 1887 3 J - J
1,500,000 July 1, 1907 ditional issue of $1,000,000 bonds authorized for extensions, etc.
1st mort., gold ($2,000,000) | j j ^ at ^ mer. Exch. Nat. Bank, N. Y. City,
Stock for $2,000,000 held in treasury of St. Louis & Suburban Ry.,
The mortgage trustees are Charles Parsons and Thomas E. Tutt.
which company guarantees the bonds.
Dividends — October, 1893, paid 4 per cent.
In
R o a d — Owns from Sarah Street, on St. Louis & Suburban, to Jackson
Road —Operates 16-36 miles of track.
Road, 10-96 miles ; extension 3 miles to St. L. & Kirkwood tracks over
O perations —Following is the number of passengers by quarters:
which cars run to Meramec Highlands. Rails, 73-lb. girder and 60-lb
1stq’ter.
2d q’ter
3dq’ter.
Uhq'ter. Tot. fo r year.
T . The St. Louis & Suburban will furnish power as well as carry
1898 ......... 2.040,694 2,228,619 ... ..............................
8,654,254 the country passengers 3 V miles over its own road to down-town
1897 .......1,968,350 2,268,553 2,160,882 2,256,469
8,539,688 terminus of other lines In June, 1898, additional franchises were
1896 .......1,920,579 2,263,603 2,163,296 2,192,210
( 4 ) ST. LO UIS RA ILR O AD —A cable and trolley road.
granted to Florissant and the cemeteries. President, C. H. Turner;
O r ganization —Controlled by the National Railway Co.
Secretary, R. Lehmann.
STOCK & B onds —
Date.
Interest. Outstand’g. Last div., etcJ - J $2,000,000 Jan.,’98,2 V%
Stock ($100).......... ................
ST. LOUIS & SUBURBAN R Y . - A trolley road.
1st M., cur. ($1,000 each). 1890 5
M- N
2,000,000 May 1,1910
ORGANIZATION— Incorporated Sept. 11,1884. This company is a re
Subject to call May 1,1900
Dividends—I n ’94 aggregated? p. c.; ’95, Jan., 3V p.c.; July, 2 V p . o.; organization 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 1896, July, 2V p. c.; in 1897, Jan., 2 V p. c.; July, 2V p. c.
Road —Owns 14-67 miles of track (cable) and 4-95 miles of trolley In July, 1897, secured control of the St. Louis & Kit kwood RR.
STOCK & B onds —
Date. Interest.
Outstanding. Maturity,etc.
road. Also controls Baden & St. Louis RR., 6-7 miles.
Stock ($100).........................................
$2,500,000
.............
O perations —Following is the number of passengers carried during St. L. Cable & Western > 1884 6 M. - N .
600,000
1914
Ry I s t M ................. s Interest at Farmers’ Loan & Tr. Co., N. Y. city.
each of the quarters of the calendar years, including since sometime in
St. Louis & Suburban ) 1891 5 g. F. - A.
1,400,000
Feb. 1,1921
1895 the Baden & St. Louis RR. and the Southwestern Electric Ry.
IstM .($2,000,000)g. > Interest payable in Boston by the trustee, the
ls i quar.
2d quar.
3d quar. 4.th quar. Tot.foryear.
$1,000................... 1 American Loan & Tr. Co.
(.898.............2,721,763 3,058,986
...............................
............. Income bonds............. 1891 5 ---300,000
.......... .
1897............ 2,587,798 2,995,121 3,005,293 2,995,008 11,583,220
ROAD— Operates 18-14 miles of track in St. Louis and 10-5 in suburbs.
1896............2,773,598 3,358,589 3,087,137 2,906,127 12,125,451
In June, 1898, additional franchises were granted to Florissant Ave
( 5 ) SOUTHWESTERN R A IL W A Y —A trolley road.
O rganization —Commenced operations Sept. 1,1895. Capital stock, nue and the cemeteries.
OPERATIONS— Following is the number of passengers carried during
$100,000. Reported no bonds issued to May, 1898.
each quarter of the calendar years:
Road —L ine is 11-19 miles long.
istquar.
2dauar.
3 d quar.
4th quar. Tot.foryear
Power is obtained from the power-house of the Cass Avenue & Fair 1898 ...2,673,149 3,070,129
.......................................................
1897. 2,454,224
2,973,700
2,862,735
2,914,574
11,205,233
Grounds Railway. Operations included in St. Louis RR. reports.
1896... 1,834,347
2,567,155
2,796,249
2,694,861
9,892,652
P E O P L E ’S R A I L W A Y .—A cable road.
O f f ic e r s — President, C. H. T u rner; Sec. and Treas., R. Lehmann.
R eceivership —On April 25, 1898, Frederick B. Brownell was ap
pointed receiver in place of Charles Green, removed by the Court.
Trial of foreclosure suit for failure to pay two years’ interest on all
bomj issues has been set for Sept. 26,1898.
STOCK & B onds —
Date. Interest. Outstand’g. Last Div’d, etc.
Stock ($1,000,000) ($50):........................... $300,000 Dec. 1889,50o.
, .
.
< 1882 6 J - D
125,000
1892-1902
1st mortgage...................) Subject to call after 1892.
2nd m ortgage................... 1886 7 M -N
75,000
1902 .
Consol, mort. ($1,000,000).. 1889 6 J - J
800,000
1899-1904
Interest due July, 1896, and since on consol, is in default.
Road —Operates 10 miles of cable road.
O perations —Following is the number of passengers carried:
ls i quar. 2d quar.
3d quar. 4th quar. Tot. year.
1898 ........... 812,461
900,817 ..................................... ...........
1897 .............. 815,854
906,217 9u2,630
909,024 3,533,725
1896...........
874,753 1,149,350 954,510
904,323 3,882,936
O F F IC E R S —President, Chas. Green; Vice-President and General Man
ager, J. Mahoney; Secretary and Treasurer, D. J. Mahoney; Office.
1801 Park Avenue; V. 64, p. 181, 514, 611,1042; V. 65, p. 69.
SOUTHERN ELECTRIC RAILWAY.
ORGANIZATION—Chartered April 16, 1884. In April, 1897, control
was obtained by St. Louis men.—V. 64, p. 800.
Date. Interest. Outstand’g. Last div’nd.
S tock & B onds — Jf I g
.......
J-J $1,000,000 July 1, ’98,3
Preferred stock (par $100).
.......................
500,000 ...................
Common stock (par $100)..............
200,000
1904
1st mortgage......................
1884 6 M - N
300,000
1909
Consol, mort. ($500,000)___ 1889 6 M - N
Mort, of 1896, $200,000)
1896 5g. F -A
200,000 Aug. 1, 1916
($1,000), gold............. c 5 Int. pay’le at Louisville, Ky.,andSt. L., Mo,
Mortgage trustees, Fidelity Trust & Safety Vault Co., Louisville, K y ..
and Mississippi Valley Trust Co., St. Louis, Mo.
In April, 1896, the directors authorized issue of $200,000 bonds for
improvements. In August theeompany sold $£0,000 of new preferr d
stock at par with a bonus of 50 p. c. in common stock.
Dividends—On preferred, in 1894, 6 p. c.; in 1895, 6 p. c.; in 1896.
January, 3 p. 0.; in 1898, Jan., I V p. c.; July, 3 p. 0.; dividends there»
after t >be semi-annual.
80
STKEET RAILWAYS.
R oad Operates 16-75 miles of track in St. Louis; extension to Jef
ferson Barracks (opened May 20,1896), 6 miles; total, 22-75 miles. In
J»ly , 1898, extension proposed to Scliuetzen Park and Bobringville.
O perations —The following gives the passengers carried:
Interest at American Loan & Trust (trustee), Boston.
Road —Operates 32 miles of track on 26 miles of street.
E arnings —For year ending Dec. 31, 1895, gross, $89,420; net
$26,097. In 1894 gross, $110,538; net, $23,410.
O fficers —P resident and General Manager, J. S. Cameron,- Secretary
1898..
.1 .2 ^ 2 i o ¿ e e S e S 2 3dquar4<A« MarTot vear
14 53 2 14 09 9 13 90 1 57 i 4 7 and Treasurer, G. S. Gannett; Superintendent and Purchating Agent
.7, 0
, 7, 2
,9j 6
, 7', 8
a
’
1896..
.1.184.099 1,446,769 1,475,482
1,354,193
5,460,543 F. McBroom.
OFFICERS (Jan., 1898).—President, C. H. Spencer; Vice-President
Charles P. Orthwein; Sec. and Treas., Joseph S. Minary. • V. 64, p. 800'
WEST SIDE RAPID TRANSIT-An electric and
steam road. Said to operate 12 miles of track. Stock, $300,000.
U N I O N D E P O T R A I L R O A D —An electric system.
President and General Manager, J. G. Jacobs; Treasurer, E. W. Wilson.
O rganization —I ncorporated in 1876. Controls the Mound City
Railroad, Benton-Bellefontaine Railway Company and the Grand
Avenue Railway. The last named was opened March, 1895, along
Grand Avenue to Meramec and Virginia aves, and had $100,000 stock
P o p u la t io n 1890 W A S 37,673; in 1880 w a s 20,550;
outstanding—no bonds.
A N D i n 1870 W A S 12.256.
In March, 1898, the United Traction Co. was incorporated by officers
ALAMO HEIGHTS RAILROAD— trolley road.
A
of the Union Depot RR. to build connecting lines.
ORGANIZATION, Et c .—Successor to San Antonio Rapid Transit, sold
STOCK & B o nds .—
Date. Interest. Outstand’g. Last div., etc. in foreclosure in May, 1895. On Feb. 27, 1897, W. H. Hume was
Stock (100)................................. 6 p. c. $4,000,000
See text.
appointed receiver. Capital stock is $62,000 (par, $100.) First
Mound City RR. Co.............\ 1890 6 g. J - J
300,000 Oct. 1,1910
mortgage, $500,000, gold, 6 p. o. bonds, c*, $500 each; dated 1895,
_ .
(
Subject to call Oct. 1,1900
Union Depot Railroad 1st (1890 6 g. A -O 1,091,000 Oct. 1,1910 due June 1, 1915; interest, J&D. Franklin Trust Co. of Brooklyn
consol, mortgage, gold......I
Sublect to call Oct. 1,1900
Cons. mort. ($3,500,000) gold. 1893 6 g. J -D 2,237,000 June 1,1918
O fficers —President, C. J. Harwood.
Interest on 6s of 1893 is payable at Mississippi Valley Tr., St. Louis.
Trustee of mortgage of 1893 is the Mississippi Valley Trust Co.; of
A N T O N I O E D I S O N C O . —A trolley road.
all other loans the St. Louis Trust Co.
„ £ ° AD' ^ TC- - Sucoe8Sor. ^ is stated, t ° the Citizens’ Electric Power
Benton-Bellefontaine 1st M. 6s for $500,000 were called for pay
. ^ee . y' Co- Operates 13 miles of track. Capital stock, $300,000*
ment May 1,1897; consols of 1893 were reserved for these bonds.
first mortgage, $300,000. In July, 1898, reported as sold to interests
D ividends . In 1893, 8 p. c.; in 1894, 3 p. e.;, in 1895, 3 p. o. It is represented by W. H. Weiss, P resident of the San Antonio Street Ry
understood that dividends of 6 p. o. per annum are paid.
ROAD.—The company’s miieage, as reported to the city in April,
S A N
A N T O N I O
S T R E E T
R A I L W A Y —
vv
1
1898, aggregated 77*50 miles as below. Other statements make it A trolley road.
between 80 and 90 miles, probably owing to duplications of mileage
O rganization —incorporated in May, 1874. and in 1890 absorbed
used by two or more divisions in common.
the Prospect H ill Street Railway. Consolidation of all the street roads
Lines owned—
Lints controlled—
of San Antonio under the control of the San Antonio Street Ry was
Union Depot Ry. (Electric)..40-68 Benton Bellefontaine R y ___13-70 pending in February, 1898.
y
Trackage over lines of other
Mound City R R ..... ........... 7-12
companies, about.............. 8-00 Grand Ave. R y.................... 8-00
InteresL
Maturity.
St?Jk $1,000,000Sr ...... ? “!*:
OPERATIONS The following gives the number of passengers carried:
t o $
ah j
T^t pa^b^ a A n T ra t C ",
t tia tic T s e wo
'^
1898.............. is & m i (f,506^875
Total year. 1 s m rt.1,000 e c ...I^O
SAN
A N T O N IO , T E X .
tru te . O e te 5 m so tra ko 5m so s e
s e p ra s ifl ile f c n ile f tre t.
4897...............5,322,079 6,273,524 6,249,928 6,313,875 24,159.406
4896...............5,334,264 6,132,814 6,320,872 5,984,395 23,772,345
OFFICERS—President, John Scullin; Sec., J. H. Roach.—V. 64,p. 713.
ST. P A U L , M IN N .
133,156; i n 1880 w a s 41,473;
1870 W A S 20,030.
ST. PAUL CITY RAILWAY —See Twin City Rapid
Transit Co., under Minneapolis, Minn.
P
o p u l a t io n
1890
ST. PAUL & SUBURBAN RY.— tro
A
lley ro d
a .
O r g anization , Et c .—Successor, after foreclosure, to the St. Paul &
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,
full paid. In June, 1897, no bonded or floating debt.
R oad . Owns 10*59 miles of track; 9 electric cars, also 2 locomo
tives and 4 coaches used to supplement electric service.
President, E. W. Peet; Secretary, Ambrose Tighe.
S A L T L A K E C IT Y , U T A H .
o p u l a t io n
1890
' AND
a d S nA to io
n a n n .
w as
A N D IN
P
[ io n
n r^
Con. mort., $600,000..o* i®??, 6 M - N
400,000
May 1,1920
' Subj. to call $20,000 yearly from May 1,1897
ROAD—35 miles of track. Rails 40, 45 and 56 T.
OFFICERS—President and Treasurer, W. H. Weiss; Vice-President
R. Houston; Secretary and Superintendent, D. D. Willis.
44,843; I N 1880
1870 w a s 12,854.
W AS
in
w as
20,768;
wIinP^eF E N D S T R E E T C A R C O . —A trolley road.
KOAD, ETC.—Said to operate 5-8 miles of track upon 4-8 miles of
street. Stock, $26,000. First mortgage is for $100,000 gold 6s J&J
dated 1890, due July 1 ,1910; interest at Importers’ & Traders’ Nat.
Bank, N. Y., or San Antonio office. July, 1898, interest in default. On
August 8,1898, John H. Clark was appointed Receiver.—V. 67 p. 324
Surplus earnings (over interest charges) have been put into improve^
ments. President and General Manager, G. W. Russ.—V. 67, p. 324.
S A N DIEGO, C A L .
1890 w a s 16,159j i n 1880 w a s 2,637;
I N 1870 w a s 2,300.
C IT IZ E N S
T R A C T I O N C O . —A trolley road.
O r ganization , Et c —Incorporated in 1896. Successor to San Diego
Cable Ry. sold in foreclosure. Receiver appointed in Februarv 1897
P
o p u l a t io n
in
?onoPf liCati° n ° f trustee- Receiver is A. E. Dodson. In January’
1898, foreclosure sale ordered at upset price of $30,000. In March’
SALT LAKE CITY RAILROAD— tro
A
lley ro d 1898, reported sold to E. S. Babcock, Vice-President of San Diego
a .
O rganization —Chartered Jan. 19,1872.
In! T ‘-
Electric Ry.
" « ‘S ’S r
j i j p
*
St?Jk,CK
$ l?0,00°0ND. 7 ....... D ateS
.
R
eceiver’s c rtific___ sif}97
e
a
te
Interest-
Maturity.
.............
1st M., s. f., gold (1893
6 g j-J
650.000
I v'tqi «
9 5’^on
($1,000) ($1,500,000) o* ( Subject to call after Jan. 1,1903.
l8 nm a e $ 0 0
m
tg g ’ 8 ’0 °J 1 9
86
L 80,000 J n Lion
u e
Entire issue subject to call Jan. 1, 1903, or any Jan. 1 thereafter
(!),0UU)...................... >
Interest is in default.
from Jan. 1,1904, to J an. 1,1913, one-tenth must be paid yearly. Bonds
Mortgage trustee, Union Savings Bank & Trust Co., Cincinnati O
R oad —L ine is 5 miles long.
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
4t rate of not more than 70 per cent of the cost of such addition and ex
P o p u l a t i o n 1890 w a s 18,471; i n 1880 w a s 15,838
ensions, and the bonds at any time issued shall not exceed $20,000 per
lie for each mile of road constructed, equipped and in operation On
P E O P L E ’S E L E C T R I C
R A IL W a y mileage of Jan., 1896, $840,000 could be issued, but of this $190,000
O rganization —Chartered in 1891.
was in the hands of the trustee to be sold only for new property. After
a e
MaturiiVdebt reaohes $1,000,000 no bonds can be issued unless the net earnings S t o c k ,^ *000^§50).......... D . t.\ InteresL
1st mortgage, $40,000....o* ....... 6 ' j - J
40.000
.............
for preceding 12 months are sufficient to pay 12 per cent o n all bonds
R o a d — Operates 6 % miles.
outstanding and 12 per cent on the bonds proposed to be issued.
E a r n in g s — For year endingOct. 28,1897, gross, $17 660
ROAD— The company operates 42 miles of track.
OFFICERS—Pres,,W.H. Gilcher; Sec.,R.B. Fisher; Treas.’A. W.Prout.
. .
.
Miles. I
Single t r a c k ......................
29 Total track operated. .
A
Second track.......................
13 j Weight of rails, 30 to40and72lbs
S A N D U S K Y
M IL A N
& N O R W A L K E L E C
OFFICERS—President, A. W. McCune; Vice-President, R. C. Chambers' T R I C R A I L W A Y —A trolley road.
Sec’y and Treas., Joseph S. Wells; Supt. and Purch. Agt., W. P. Read. 5
STOCK & BONDS-”
Date. Interest. Outstripri'inri
•.
Stock, $100,000 (par $50)..........
<t1
r on
Maturity,
1st mortgage, $100,000.............. ¿“ " j '- J
loolooo
..............
SALT LAKE & MERCUR R R . - A trolley road
Road —Owns 18 miles of track.
’
.............
Runs from Fairfield to Mercur, Utah, 12 miles, and is to be extended
to West Dip. In July, 1898, made mortgage to the Produce E c a g OFFICERS-President, G. H. DeWitt; Vice-President, Henrv K e llc v
xhne
Trust Co. of New York, as trustee, to secure $300,000 gold 5s. Presi Treasurer, A. W. Prout; Secretary, J. D. Parker.
dent, E. H. Airis, s alt Lake City.
S A N D U S K Y S T R E E T R A I L W A Y —A trolley road
O rganization Sold under foreclosure on July 9,1898 and mir- ‘
SALT LAKE RAPID TRANSIT- A trolle-road
O r g a n iz a t io n — Chartered in 1890.
chased by Judge C. S. Bentley, Cleveland, representing 95 ner cent nf
the first mortgage bondholders. It was said the road would be im
Stook $ 5 0 *0 0 0 Cpar$l00)
M a t u r it y .
proved and might be consolidated with the People’s Line - V 67 v 127
ROAD-Embraced 9 miles of track on 7 miles of road - V fu n 00*.
S
S
t e f c
.*890
6
.*:A
V. 67, p. 30,127.
’
’
’ p*
’
S A N D U S K Y , OHIO.
STREET
S A N F R A N C IS C O , CAL..
P
o p u l a t io n
1890
298,997; i n 1880
1870 W A S 149,473.
W AS
AN D IN
W AS
233,959;
CALIFORNIA STREET CABLEORQANIZATION— Chartered Feb. 8,1877. Annual meeting the second
Wednesday In July.
STOCK db B onds —
Dale. Interest.
Outstanding.
Maturity.
Stock (par, $100)................... Monthly. { ^ O ^ a M ^ n .8' \ ..............
1st mortgage, gold---1890 5g. J - J
$900,000* Jan. 1, 1915
Dividends have been 50 cents monthly.
R o a d — Was operating March 1,1898, l l 5 miles of track on 5 ^ miles
«
of street.
OFFICERS—President, J. B. Stetson; Vice-President, A. Borel; Secre
tary, A. Stetson; Treasurer, A. Borel & Co.; General Manager and
Purchasing Agent, J. W. Harris.
OFFICE— Corner California and Hyde streets, San Francisco, Cal.
RAILWAYS.
Outstanding.
Maturity.
S tock & B onds — Date. Interest.
Stook (par, $100)...... ..... Q-M 15 { $2j £ M ° d. I
15’1896
1stM .,g.,$1,000 each 1888 5 M -N
$900,000
May 1,1918
Trustee is California Tide, Ins. & Trust Co. of San Francisco.
Subject to call at par $50,000 yearly, beginning May 1,1908. I f so
ordered by the company’s directors, Nos. 1 to 50 to be called first
and the others In the order of their numbers.
Dividends: In 1893, 5 p. 0.; in 1894, 5 p. 0.; in 1895, 4 p. 0.; in 1896,
Mar., 1 p. c.; June, 1 p. c.
R o a d — The company owns track as follows:
Miles.
Miles.
Cable road (iron and cement) 5*75 Horse load..........................
-68
do
second track___ 5-75
_____
Rails 43 lb. T •
Total owned in fee............12-18
OFFICERS—President, R. F. Morrow; Vice-President, J. L. Schmitt;
Secretary, A. K. Stevens; Treasurer, M. Schmitt; Superintendent and
Purchasing Agent, J. Reynolds.
GEARY STREET PARK & OCEAN R R -
A cable road.
ORGANIZATION—Incorporated Nov. 5, 1878. Annual meeting first
Wednesday after second Tuesday in April.
S tock & B onds —
Date. Interest.
Outstanding. Maturity
Stock (par $100)......................................... <10,000 shares,> See text.
X $37‘50 paid in C
1st M., $750,000, gold .... 1891 5g A - O
$671,000 Oct. 1,1921
Dividends have been irregular. In 1895 $3 per share; in 1896 $2-50
per share was paid in five dividends of 50 cents each.
Road —On Jan. 1,1898, owned 4 miles of double-track cable road
laid with 72 lb. steel rails.
O fficers —P resident, C. F. Crooker; Vice-President, A. Grant; Sec
retary and General Manager, J. L. Wlllcutt; Treasurer, N. T. Smith;
Purohas’g Agt., R. P. Schwerin. Office, 532 Market St., San Francisco’
_
MARKET STREET RAILWAY—
ORGANIZATION—Formed by consolidation of a number of companies,
inoluding those whose bonds are in the table below. The Metropoli
tan Ry. has also been merged. (See V. 61, p. 750.) Persons identified
with Southern Paciflo Ry. Co. are largely interested in this oofnpany.
S tock & Bonds —
Date, interest.
Outstanding.
Maturity.
Stock (par $100)....................
Q -j io
$18,617,000 J’y l l , ’98,60o.
MarkefSt. Cable Ry., 1st) 1QQ„ T t
3.000.
000
Jan. 1,1913
M., $1,000 gold....... c Jia8,c{
J- J
Omnibus Cable Co. 1st M 1888 6 A - O
2.000.
000
Apr. 2,1918
2d mortgage.............. 1893 6 M - N
15,000
May 1,1923
P ark & Cliff House 1st M 1887 6 J - J
350.000
Jan. 1,1913
Powell Street 1st M ___ 1887 6 M - S
700.000
Mar. 1,1912
Park & Ocean 1st M ... 1884 6 J - J
250.000
J a n .1,1914
Ferries & Cliff H. 1st M 1889 6 M - S
650.000
Mar. 1,1914
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 O f 60 cents per share are paid quarterly.
ROAD—Company on Deo. 31,1897, owned track as follow s:
Roads owned in fee—
Miles.
Roads owned in fee—
Miles.
Main line & brchs. (horse)... 20-06 Main line & brchs. (steam).. 20-00
do.
do.
(trolley). 82-52
Total single track...........182-56
do.
do.
(cable)... 59-98
Rails 37 to 7‘ 2 lbs. to yard.
A1
In April, 1898, it was stated that the steam road extending from
Golden Gate Park to Ocean Beach would be equipped electrically. In
June, 1898, it was reported that application had been made to change
the cable lines to electricity, and also for eight additional franchises.
EARNINGS-For year ending Dec. 31,1897,169 miles, gross earnings
$3,406,606; net, $1,351,059. In 1896, 177 miles, gro-'s, $3,259,989.
net, $1,201,967. In 1895, on 158 miles, gross, $3,125,451; net, $1,091,398. In 1894, on 128 miles operated, gross, $2,958,436; net, $978,149,
OFFICERS (Dec., 1897)— President, H. E. Huntington; Vice-President,
Charles Holbrook; Secretary and Controller, J. L. Willcutt; TreasurerN. T. Smith; Purch’g Agt., R. P. Schwerin. Office. San Francisco, Cal,
Ind ex —V. 61, p. 750.
PRESIDIO & FERRIES RAILROAD— animal
An
steam and cable road.
’
O r g anization —Chartered Jan. 6,1882. Annual meeting the fourth
Friday in January.
STOCK & B onds —
Date. Interest.
Outstanding.
Maturity.
Stock (par, $100)......................... .
X
, .
,
_ ( $55 paid in. t
_
...............................................
1st mort., $250,000..............
6 M&N
$170,000
1911
ROAD—In March, 1898, was operating l l 1 miles of road as follows:
^
Cable,7 ^ miles; horse, 2 miles; steam, 2 miles; total track, l l ^ miles.
O fficers —President, G. X. Newhall; Secretary, John B. Leighton.
Office, corner Union and Sharp streets, San Francisco.
$12t°i)0 s
Aares-
SUTRO RAILROAD CO.— trolley road.
A
O rganization —I ncorporated to build and operate a road on Central
Ave., etc., to the Cliff, with a branoh line to the Park on 8th Avenue.
-STOCK—
Par.
Authorized.
Outstanding.
Stook......................................
$10
$400,000
(Î )
Road .—Five miles long (9-9 miles track), was opened Jan. 27,1896.
OFFICERS—President,--------------------; Secretary, Theodore Krauss;
Treasurer, American Bank & Trust Co.; Supt., E. M. Van Frank.
SAN FRANCISCO & SAN MATEO ELEC
TRIC RAILWAY— tro
A
lley ro d
a .
O rg anizatio n , Et c .—Successor in May, 1896, to S. F. & San M. Ry.,
sold in foreclosure. The corporation is a close one, there being only
five stockholders, and it is said to be “ doubtful if any bonds will be
issued.” Extensive improvements and additions are proposed in 1897
Road —Owns 21 miles of track.
OFFICERS—President, A. B. Spreckles; Vice-President and General
Manager, John A. Buck; Secretary, W. Clayton; Superintendent and
Purchasing Agent, S. B. McLenegan. V. 62, p. 684.
SUTTER STREET RAILWAY-A cable road.
O rganization —Chartered Deo. 22,1887.
81
S A R A T O G A , N, Y.
P
o p u l a t io n
in
1890
and
13,171; i n 1880
1870 w a s 8,537.
w as
in
w as
10,820;
SARATOGA TRACTION— ro
T lley
.
ORGANIZATION, E t c .—Formed in May, 1897, as successor of the
Union Electric Ry. foreclosed. Saratoga Lake RR. was leased, but
subsequently absorbed by consolidation.
STOCK & B o n d s —
Date.
Interest. Outstanding.
Maturity.
1st M„ $200,000 gold.. 1897
5 g. J-J
130,000
1926*"
R o a d Owns from Saratoga to the lake, the race track and to Geyserville, 8 miles of road; sidings, x miles; total track, 8-27 miles. In
4
March, 1898, extension to Malta and Ballston Spa was proposed.
Ea r n in g s —Operated only as a summer road. For two months end
ing June 30,1897, gross $839.
O fficers —P resident, T. F. Hamilton; Secretary, Robert B. Smith;
Treasurer, R. S. Storrs, 40 Wall Street, New York City.
SAVANNAH,
P
o p u l a t io n
1890
A N D IN
GA.
43,189; i n 1880
1870 W A S 28,235.
w as
w as
30,709;
CITY & SUBURBAN R R . —A steam and trolley road.
O r g anization —I ncorporated in April, 1882. Controlled in same
interest as S. T. & I. of H., but will continue to be operated under
its own charter for the present.
„ S tock &. B onds —
Date. Interest.
Outstanding.
Maturity
Stock (par $100)...........................................
$50,000
.
1st mortgage (old 7s).. 1882
6 M -N
200,000
Jan. 1, 1902
2d mortgage (ol 7s)...
1883
6 Q -F
50,000
1903
In Nov., 18o7, bondholders 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 extensions and
electrical equipment and $250,000 of the new S. T. & Isle of H. 4s.
First mortgage trustee, T. M. Cunningham. Interest payable at Sa
vannah Bank & Trust Co.
Road—Operated 18 miles of track, of which 4 miles steam.
OFFICERS President, James H. Johnston; Vice-President, Henry
Parsons; Secretary, E. J. Thomas; Treas., E. J. Thomas, Jr.—V. 64, p.
755.
SAVANNAH THUNDERBOLT & ISLE OF
HOPE RY.— tro
A
lley ro d
a .
O r g a n iz a t io n — On May 29, 1897, the property of the Savannah
Traction was conveyed to this company without foreclosure. The
Traction was formed In January, 1897, as successor to the Savan
nah Electrlo Ry. sold in foreclosure Jan. 5, 1897 (V. 64, p. 85).
The S. T. & I. of H. is controlled by George Parsons of New York
who also controls the City & Suburban, but that road will be operated
at present under its own charter. See V. 65, p 621.
_. , ...
Date.
Interest. Oulstand’g. Maturity.
8tock (1)..........................................
m
ist mortgage, $1,250,000,) 1897 4 cur., Q .-j. $1,250,000 J’ifl.1 9 4 7
gold, $1,000.............. c*5
Trustee, Central Trust, N. Y.
Bonds of 1897 were issued in payment of the acquired property
R o a d — In Nov., 1897, owned about 30 miles track on 22 miles street
O fficers (Oct., 1897)—President, George Parsons; Vice-President,
J. H. F a ll; 2d Vice-President and General Manager, Jas. H. Johnston;
Treasurer, Edward J. Thomas, Jr.; Secretary, Edward J. Thomas, Sr!
—V. 64, p. 85,182, 755,1089; V. 65, p. 152, 621, 926.
SCHENECTADY,
P
o p u l a t io n
1890
w as
and
in
N. Y.
19,857; i n 1880 w
1870 w a s 11,026.
as
13,655;
SCHENECTADY RAILWAY —A trolley road.
O rganization —A reorganization in February, 1895, of the Schenec
tady 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.
St?ck,CK
p a*$100D
.S7;.
Dat6'
InC6reSL % o o &
Maturltyl8«ti ^ n | 300’000’ g0ld; } T
1895 +
/ :'j
222,993
Jam T , 1925
$1,000.................. 0* ( Interest at Merc. Trust Co., N. Y., trustee.
Bills payable June 30,1897, $11,500.
Firsts of 1895 are secured in part by $79,700 stock of Schenectady
Illuminating Co. deposited as collateral. Interest paid free of taxes
Road —Single track main line Brandywine to Bellevue 4’22 m iles;
second track and sidings, -7 miles; total of all track 4-87 miles.
L a t e st E arnings "Present company took charge in February, 1895.
fsqfi'v
«o n °fL
'M # :
Oth.Ineo. Int.,Tax., Etc. Bat. sur.
t s q t 'I ......$2,636
$21,772
$14,249
$4,887
1895' 6 ...... 32,958
2,477
19,163
12,634
4,052
STREET
82
R A IL W A Y S .
OFFICERS- President, William Henry White; Vice-President nnd
Manager, George W. Jones; Secretary, W. P. Ksselstyn; Treasurer,
J. P. Ord. Directors are P. F. Kobbe, William Henry White, A. G.
MacAndrew, George W. Hebard, Lewis L. Clark and Charles A. Lieb,
of New York City; Joseph P. Ord, George W. Jones and John Kruesi of
Schenectadv—V. 60,p.303;V.63,p. 7 16; V .65,p.233; V . 67,p .321.
SCR ANTO N, PA.
P o pulatio n 1890 w as 75,215;
in 1880 was 45,850;
and in 1870 was 35,092.
L e a s e — Under its lease the Scranton Railway Company guar
antees the interest and principal on $25,000 per mile of this com
pany’s bonds, and any surplus earnings after paying all taxes, insur
ance, interest on bonds guaranteed, etc., shall be divided between the
lessor and the lessee, one-fourth to the Scranton Railway and three,
fourths to Scranton & Pittston Traction.
EARNINGS— Jan. 1 to July 31, 7 months, 1898, gross, $34,230; net,
$10,103. OFFICERS—President. L. A. Watres; Secretary, « . C. Adams;
Treasurer, C. H. Mullin.—V. 63, p. 515.
SEATTLE, W A S H .
SCRANTON R A I L W A Y - A trolley road.
ORGANIZATION—Incorporated in 1896, and on Jan. 1,1897, assumed
nil the assets and liabilities of the Scranton Traction Co. (capital
$2,000,000), whose stockholders were offered exchange, share for
share, in the stock of the new company.—V. 63, p. 1064; Y. 64, p. 85.
The folio will g companies have been merged with the Railway Co.:
People’s Street Ry., Scranton Passenger Ry., Scranton Suburban Ry.,
and Valley Passenger Ry. The Scranton Railway retains the special
charter of the old People’s St. Ry. of Luzerne County, granted in 1865.
The outline of the city is especially adapted to street railway business,
being only two miles wide and extending seven miles in length, be.
tween two mountains, with no outlets except up and down the valley,
all of which are controlled by this company.
STOCK & B onds — Par. Date. Interest. Outstand’g.
Maturity.
$2,500,000
..................
Stock ($6,000,000).. $50 ....................
Scranton Trap, 1st! t 000 1892 6 g.M -N 1,000,000
Nov. 1,1932
M., $1,000,000, > interestx at E. W. Clark & Co., Philadelphia.
May 1,1920
Scg
ram’Pas° Ry?Lt M. 1,000 1890 6 M -N
100,000
1909
Scranton Sub. 1s t> 500&C1890 6g.M -N
200,000
M.. s.. gu..p.Ai.o* s Trustee, Farmers’ L. & T. Co., N. Y.
Aug. 1,1918
200,000
Peop’sSt.Ry.lstM.g.1,000 1888 6g. F -A
Dec. 1,1921
100,000
Do
gen.M.,gold .... 1891
~ J-D
Nov. 1,1932
____
900,000
Scranton Ry. M., $2,500,; ( 1897 5g. J-J
000, gold ($1,000)
c* J Trustee, Continental Trust, N. Y. City.
On June 30,1897, loans payable were $354,518. On June 30,1898,
had no floating debt.—V. 67, p. 127.
xFree of United States and Pennsylvania State taxes.
Bonds—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 th( street roads of Scranton, having
an aggregate mileage as follow s:
Miles.
Leased Owned—
Miles.
8cranton & Pittston......... .... 12
People’s Street Railway........25^
5
Valley Passenger Railway— 8*2 Scranton & Carbondale— ....
4
Lackawanna Val. Trac----- ....
Total operated.............. .... 55
Total owned.......................34
E a r n in g s — Operations of the lines now composing the ScrantonRailway, not including the suburban lines, have been as follows:
7 months,
>1898.. ............G ro s s , $213,339; net, $104,043
Jan. 1 to July 31. S1897....................Gross, 196,098; net,
93,963
For the year ending Deo. 31:
1897.
1896.
1897.
1896.
$366,325 $353,814
Gross.........
Taxes C
&c1S6S } $135>
170 $132,234
Oper. exp........ 179,974 185,940
Net..................$186,351 $167,874 Bal., sur. foryr. $ol,181 $35,640
The following shows growth of company’s business:
Gross eam’gs 1895.........$299,322 i Gross earnings 1892...... $190,531
“
“
1894......... 253,687
“
i
1891....... 161,541
“
“
1893....... 228,462 I
“
“
1890...... 158,031
O f f ic e r s — President. C. M. Clark; Vice-President, J. P. Ilsley; Sec
retary and Treasurer, C. Ford Stevens, Bullitt Building, Phila.; General
Manager, Frank Silliman, Jr.,Scranton, Pa.—V. 64, p. 85; V. 67,p. 127.
( 1 ) . SCRANTON & CARBO NDALE TRACTION—A trolley road.
ORGANIZATION— Incorporated in February, 1893. The Scranton
Railway Company leases this company for fifty years and oper
ates the road and furnishes the power. Surplus earnings over interest
charges and taxes are divided, one-third to Scranton Railway Co.
and two-thirds to Scranton & Carbondale Co.
S tock A B onds — Miles. Date. Interest. Outstand’g. Maturity.
Stock.... ..................................................... $500,000 July 1,’97,1%
IstM ., $1,000,000, g., ( 5
1893 6 g. J - J
150,000 Jan. 1,1923
$1,000................. c* < Interest at Union Tr. Co., Phila., and LackaxFree of State tax. (w an n a Tr. & Safe Dep. Co., trus., Scranton, Pa.
Bonds—The bonds are not subject to call; $100,000 are reserved for
building power plant, if required, and $750,000 for purchase of other
railroads and new property.—V. 66, p. 1141.
ROAD— Owns road extending from Scranton to Archbald, Pa., about
5 miles; connects at Archbald with the Carbondale Railway Compa
ny’s road to Carbondale.
L a t e s t E a r n in g s — July 1 to July31, one month, in 1898, gross,
$20,023; net, $9,137.
ANNUAL R e p o r t — Fiscal year ends June 30. Earnings have been:
Charges. Bat., sur.
Gross.
Net.
1897-98........................ $38,443
$16,873
9,202
9,917
1896-97........................ 40,817
19,119
9,914
11,466
1895-96........................ 39,376
21,380
OFFICERS—President, George A. Fletcher; Secretary, Percy S. Biokmore; Treasurer, George L. Mitchell.
( 2 . ) SCRANTON & PITTSTON TRACTION.—A trolley road.
ORGANIZATION—Chartered Sept., 1893, and on Oct. 5, 1893, leased
for 50 years to Scranton Railway Company.
The Pittston
Company owns the entire capital stock of the Lackawanna Street
Railway and the Pittston Jenkins & Avoca Street Railway, and a
majority of the capital stock of the Pittston Suburban Passenger
Railway, operating their properties under lease.
STOCK & BONDS— Miles. Date. Interest. Outstand’g
Maturity.
Stock (par $100).... ................................... $l,050,o00 ..................
Mort. $525,000, g., ( 15
1893 6g. A -O
294,500 Oct. 1, 1923
$1,000 & $500 o*< Interest (x) at Union Trust (Trustee), Phila. Nos
gu. by Scran. Tr. ( 1 to 400 $1,000 each and Nos. 401 to 650 $500
'x Both principal and interest are payable free from all United States
and State of Pennsylvania taxes.
R o a d — Operates 12 miles of track, uniting Scranton with Greenwood
Moosic and Taylorville, Avoca, Pittston and Readham.
P opulation 1890
was
42,837;
and in
1880
was
3,533.
FIRST AVENUE RAILW AY.—
ORGANIZATION, ETC. —Successor in January, 1898, to the Front
Street Cable Ry., sold under foreclosure Jan. 8,1898. Stock, $150,000; par, $500. V. 66, p. 183. Receiver’s certificates for $40,000 and
bonds $300,000 are said to be outstanding. Line runs from First
(formerly Front) St. and King St., up First and Second aves.; 3 miles
of double track. In 1896 the Front St. Cable Ry. carried 798,996 pas
sengers; gross receipts were $38,017. Incorporators: O. D. Colvin, Fred
erick K. Struve, Maurice McMicken and A. B. Stewart—V.66, p. 183.
GRANT STREET ELECTRIC R A ILW A Y—
O r g a n iz a t io n .— Chartered in 1891. Capital stock, $200,000. Bonds
$100,000. Operates S im ile s of track. Projected, 1*2 miles.
STOCK & B onds Date. Interest. Outstanding. Maturity.
Stock, $200,000; par, $100...........
--- ---- $200,000
..........
IstM ., $125,000, gold, ($1,-) 1892
6g. M-S
100,000 Mar. 1,1912
000 each) subject to call Vint, at Atlantic Trust Co., N. Y., trustee.
at 104........ ...................) Sinking fund $2,000 yearly after 1897.
In year 1897 carried 512,070 passengers. Road turned over to com
pany by receiver Jan. 25, 1898. Officers (1898). President, N. H
Latimer; Vice-President, O. L. Denny, Secretary, E. F. Blaine; Manager,
W. J. Grambs.
GREEN LAKE ELECTRIC
R Y . - A trolley road.
ORGANIZATION-— Chartered in 1889 till 1915. The road is leased to
Seattle Consol. St. Ry. at a nominal rental. Stock (auth. $70,000),
issued $60,000; 1st 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.
MADISON STREET CABLE R AIL W A Y O R G A N IZ A T IO N -— Chartered in 1889.
Controls the South Seattle Cable
Railway. Capital stock, $750,000. Bonds, $450,000 of 6 p. o. firsts,
dated 1890, due 1910, interest, A. & 0-, are pledged to secure a loan of
$250,000. Operate 7H miles of track upon 3-6 miles of street. In year
1897 carried 1,279,074 passengers. President, H. G. Struve.
S E A T T L E
CITY R A I L W A Y - A cable road.
R e o r g a n iz a t io n — In May, 1897, road was still in receiver’s hands
Bondholders’ committee isWinthrop Smith and J. W. Longstreth of
Philadelphia and Albert Stone of Boston.
\
STOCK AND B onds — Miles. Date. Interest. Outstand’g. Maturity.
IstM.', $600,000, g...
5
1890 6 g .A -0
443,000 Oct. 1.1910
Interest Oct., 1893, and since in default; Central Trust Co., trustee.
Road —Owns about 5 miles of cable road on 5 miles of street in
Seattle, known as the Yesler Avenue and Jackson Street lines. Sub
structure has been practically rebuilt during the receivership.
R eceiver is W. A. Underwood, 40 W all St., New York.—V. 62, p. 950.
SEATTLE TRACTION CO.-Atrolley road.
O r g a n iz a t io n — Areorganization of the Seattle Consolidated S R
t. y.
sold in foreclosure Deo. 1,1896—see V. 66, p. 141, and V. 67, p. 321.
Maturity
Interest. Outstand’g.
S tock & B o n d s —
D a te.
$349,300
Stock $l,00u,000 ($100)...........
1st M. g., subj call at 105 )
73,100 Jan. 2,1927
6g. A -O
($500 & $1,000); int. is >1897
preferred ............... c* )
1st M. g. incomes to Oct. )
456,488 Jan. 2,1927
6g. A -O
1, ’99 ($500 & $1,000), >1897
subj. to call at 105.. ...c* >
2d M. g. incomes,non-oum. t
5 A39,625)
6g. A -O <B^98,015 ) Jan. 3,1927
($1,000), A & B subj. to >1897
call at par..........-— c * )
Interest is payable at Illinois Trust & Savings Bank, Chicago, trus
tees of both mortgages.
The first mortgage is for $1,000,000; bonds (Nos. 1 to 150 inch, $500
each) for $75,000 have interest preferred over all other bonds until
Jan. 2,1907; (Nos. 151 to 218 inch, $1,000 each) $68,000 have interest
preferred to Oct. 1, 1899, subject to the $75,000 above mentioned,
but none of these latter bonds had been issued to February, 1898;
(Nos.,219 to 318 inch, $500 each, and 319 to 725 inch, $1,000 each)
$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.
E a r n in g s — P ° r the year 1897, gross, $91,453. In 1896 the old
company reports receipts from passengers, $66,096; other receipts
$14,789; total, $80,885, against $75,290 in 1895.
R o a d — Owns 13-72 miles of track and leases 4-68 miles.
Treasurer, Allen B. Forbes, 204 Dearborn St., Chicago.
INDEX—v. 64, p. 235; V. 66, p. 1141; V. 67, p. 321.
SEATTLE & RAINIER
BEACH
RAIL-
W A Y - A trolley road.
O R G A N IZ A T IO N — Areorganization of Rainier Ave. El. Ry. foreclosed.
Q-rnr-K
&
Bo n ds—
D a te.
In te r e s t.
O u t s t a n d ’g.
Stock,(par, $100m $95,000) ......
...........
$75,000
First mortgage, $40,000 S 1895
5 F -A
20,000
(par, $5,000)................< Interest atSeattle, Wash.
M a t u r it y .
............ .....
Aug. 1, 1901
STREET
On May 1,1898, had little indebtedness, except bonds.
EARNINGS—For 4 months ending April 30: In 1898, $6,642; in 1897
$4,713; in 1896, $3,225.
R o a d — Operates 13 35 miles of track, extending from Seattle to
Renton, including Seattle & Renton Ry. extension from Rainier Beaob
to Renton. Rails, 30-56 lb. T and girder. General Manager and Pur
chasing Agent., F. H. Osgood. Franchise runs till 1915.
RAILWAYS.
S H E B O Y G A N , W IS .
P opulation in 1890 w as 16,359 ;
in 1880 w as 7,314; in 1870 was 5,310.
SHEBOYGAN LIGHT POWER
WAY.—Trolley introduced in 1896.
&
RAIL
ORGANIZATION, Et c .—Owns 14 miles of road and light plant with 71
miles of wire. Capital stook full paid, $100,000 ; first mortgage, 5
UNION TRUNK LINE— n elec
A
tric a d c b ro d p. c. ($1,000) gold bonds, $225,000, dated 1896, due April 1, 1926 ;
n a le a .
interest, A. & O. at Mercantile Trust Co., N. Y., trustee. For year
O r g a n i z a t io n —Chartered in 1890.
STOCK & BONDS—
Date. Interest. Outstanding.
Maturity. 1896 net earnings were $24,900; interest charge $11,250.
Stock (par, $100)................................
$1,000,000
.............
OFFICERS—President, G. B. Mattoon; Vice-President and Manager,
1st M., $500,000, gold, ) 1891
6g. J-J
500,000
Jan. 1, 1911
$1,000................ c.* 5 Interest at Central Tr. Co., trustee, N. Y. City. J. M. Salmann; Secretary, E. L. Debeli.
Road —Operates 13-64 miles of electric and l -36 miles of cable road.
OFFICERS—Pres., M. H. Young; Sec., J. D. Lowman; Treas., R. R.
Spencer.
SH ENANDOAH , PA.
P o pulatio n
in 1890 w as 15,944; in 18-0 w as 10,147.
SHENANDOAH ELECTRIC STREET RY —
WEST SEATTLE CABLEORGANIZATION—Capital stock, $150,000; track, 2 m. Pres., H. S. King.
WEST STREET & NORTH END ELEC
TRIC RAILWAY— tro
A
lley ro d
a .
STOCK & B onds —
Date.
Interest.
Outstand'g.
Maturity.
Stock..................................................... $1,000,000
....... .
IstM ., $300,000, g...C. 1890
6 M-S
300,000
Sept., 1910
Sinking fund commences March 1,1896,10 per cent of net earnings
to be used in purchasing the bonds at not above 110 and Interest.
ROAD— Ten miles of road on 6 miles of street. In April, 1898. it was
stated that extensions were contemplated during 1898.
EARNINGS—For year ending Deo. 31, 1897, gross, $28,363; net,
$13,277. Passengers carried in 1897, 534,975; in 1896, 440,000.
OFFICERS—President and Treasurer, S. L. Shuffleton; Secretary,
W. A.Walthew; Superintendent, O. Elmore
To be a trolley road.
Incorporated in 1693 to construct an electric railway between Shen
andoah, Ringtown and other towns in the Catawissa Valley. Total
track to be 6*2 miles. In April, 1898, under construction. President,
Hamilton Godfrey, Reading, Pa.; Vice-Pres., H. C. Geissner, Reading,
Pa.; Seo., H. D. Rentsohler, Ringtown, Pa.; Treas., J. W. Johnson,
Shenandoah, Pa.
S IN G SING, N. Y .
P o pulatio n
in 1890 w as 9,352 ; in 1880, w as 6,578 ;
AND in 1870 w as 4.696.
OSSINING ELECTRIC RAILWAY—
ORGANIZATION— Chartered April 30,1892. Securities, etc., as follows
In November, 1897, John V. Cockroft was appointed receiver.
Stock $100,000, par $100.$100,000
E a r n in g s — YearsendingJune30,
WOODLAND PARK ELECTRIC RAILWAY—1st mort. 6s, J -D ....... . 100,000
1897.
1896.
Gross................ $19,738 $20,716
O r g a n iz a t io n —
'■Capital stock, (1). Bonds, $50,000. 1*5 miles of
Interest in default.
N e t ..................
797
820
Bills payable, etc., June
track. Not in operation April, 1898. * Douglas Young, Secretary.
6,799
730
30, 1897......................
6,491 Charges...........
Balanoe............ df.6,002
sur. 90
R o a d — 2*76 miles of track.
—V. 65, p. 925.
S E D A L iA , MO.
P
o p u l a t io n
1890
an d
14,068; i n 1880
1870 w a s 4,560.
w as
in
w as
9,561;
ELECTRIC RAILWAY LIGHT & POWERO r g a n iz a t io n , E t c -—Organized in 1890.
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. In May
1898, reported sold to an Eastern syndicate, which contemplated
making improvements.
STOCK & B o n d s —
D a te.
In te res t.
Stock $200,000, par $100...........
Mortgage, gold...............
1892
.......
6g. F -A
O u t s t a n d in g .
M a t u r it y
$200,000
.............
200,000 Aug. 1,1912
S?Ma $80 0001“ S(!f0 0 0 ) l 1894
6 J”D
5&’000 Dec* 1914
guar?, gold
> Trustee, Trust Co. of America at Phila.
Elec. Ry. L. & P. bonds are subject to call “ on any interest day after
1897 by payment of 4 per cent premium, and on any interest day
after 1907 by fLst giving 30 days notice.” Sinking fund of 5 per cent
of whole loan is to be paid to trustee in 1902 and each year thereafter
for final redemption of bonds. Brown Springs stock is $80,000; par
$100. Brown Springs bonds subject to call at 104 after June 1,1899,
and at par after Deo. 1,1909; $30,000 reserved (Nov., 1897), for im
provements. Sinking fund 5 p. c. in 1904 and thereafter. A ll interest
payable at Fourth National Bank, N. Y. City.
Elec. Ry. L. & P. Mortgage trustee Kansas Loan & Tr. of Topeka, Kan.
EARNINGS—For year ending July 31, 1897, gross, $44,137; net,
$24,674. In 1895-6, gross, $41,506; net, $20,941.
Road —E lec. Ry. L. & P. owns 12 miles of single track; Brown
Springs (leased) about 3 miles.
O f f ic e r s — President, W. E. Sterne.
S H A M O K IN , P A .
POPULATION IN 1890 WAS 14,403 ; IN 1880 WAS 8,184 ;
in 1870 was 4,320.
SHAMOKIN & MT. CARMEL ELEC- R Y O rQANIZATION—Chartered in 1892.
SH AR O N, PA.
in 1880 w as 5,684;
and in 1870 w as 4,221.
S T R E E T R A I L W A Y . - A trolley road.
ORGANIZATION—Chartered in 1895 to succeed Shen. Val. St. Ry.
STOCK & B onds —
Date.
Interest. Outstanding. Maturity.
Stock......................................
.......
$150,000
.......
IstM ., $?^0,000, gold.... 1892
6g. M -N
50,000
1912
2d M., $25,000, gold...... 1894
6g. J-J
25.000
1914
M tA A\ both mortgages is T t iai, Ttiii I^ A Pittsburg,Ta
d /F
1 AvJnA
T,
A i
H^ Pa.
I
Trustee of La4 , m
Union Trust Co. of
E a r n in g s — For year ending June 30, 1897, gross, $12,790; net,
$2,235. In 1895-6, gross, $19,0tO; net, $4,105; taxes, etc., $5,199.
dividends, $1,500; bal., def. for year, $2,594. In 1894-5, gross, $5,250;
ROAD—The road extends from the borough of Sharon, through the
town of North Hickory, and the borough of Sharpsville,; .o I ungth of
road being 4-45 miles; gauge of track 5 feet 2*3 inches
O fficers—President, A. M. Jolly; Secretary, A. R. Leyda, Beaver
Falls; Treasurer, A. McDowell, Sharon.
V A L L E Y
C IT Y ,
IO W A .
w as 37,806; in 1880 w as 7,366;
and in 1870 w as 3.401.
CENTRAL TRACTION CO.-A trolley road.
ORGANIZATION -Successor to the Sioux City Cable Ry., sold in fore
closure in October, 1895.
Stock, $150,000; no bonds. Track, 7 miles.
SIOUX CITY & LEEDS ELECTRIC RY.—
S t o c k é B onds —
Date. Interest. Outstand'g.
Maturity.
Stock, $200,000, par $100...........................
(Î)
..........
1st mortgage, gold............. 1^92 6 g.J-J
$125,000
Jan., 1912
Interest was payable at Gilman, Son & Co.’s, New York City.
R o a d — From Sioux City to Leeds, about 5 miles.
OFFICERS— President, O. Darlington; Seo. and Treas., C. C. Peirce.
SIOUX CITY ELEVATED RY.- A trolley road.
O r g a n iz a t io n —Successor to Sioux City Rapid Transit, sold in fore
closure in Feb., 1895, for $50,000. Includes 6 miles track, of which
part elevated. President, A. M. Jackson; Superintendent, Wm. Miller.
S I O U X C I T Y T R A C T I O N - A trolley road.
O r g anization , E t c .—Chartered in May, 1894, with authorized cap!
tal of $1,000,000 to succeed the Sioux City Street Railway, sold in
foreclosure. Capital issued, $630,000, of which $626,600 was given
in exchange for $525,000 old first mortgage bonds. No bonds. Bills
payable June 1,1897, $56,991.
Road —Owns 19-46 miles of track on 13*21 miles of street.
YEAR’S EARNINGS—For year ending May 31,1897, gross, $77,239;
net, $13,799; other income, $1,097; interest on loans, $2,387; other
expenses, $1,729; balanoe, surplus for year, $10,780. In 1895-6,
gross, $80,080; net, $13,219.
O f f ic e r s — President (Sept., 1896), M .L . Kohler, Philadelphia; Sec.
and Treas., C. B. Oldfields, Sioux City.
WASHINGTON PARK & SPRING GROVE.
STOCK & B onds —
Date. Interest.
Outstanding.
Matu'rity.
Stock. $500,000 ($50)...........................
$500,000 ....... .
Bonds.........i...... .:...... 1893
6 J-D
500,000 Dec. 1,1923
Bills payable Jne.30, ’97 ......
.......
39,250 ..................
ROAD— Shamokin to Logsville, Green Ridge, Mt. Carmel, Cunning
ham and Centralia, 16 ^ miles.
E a r n in g s — For year ending June 30, 1897, gross, $57,747; netf
$29,823; int., taxes and rentals, $28,945; bal. surplus, $878. In
1895-6, gross, $56,224 ; net, $30,672.
President, G. M. Smith; Secretary, H. R. Snavely Treasurer, C. Smith.
P o pulatio n 1890 w as 7,459;
S IO U X
P opulation 1890
Stock, $250,000, par $100, issued, I R o a d — Owns 3^2 miles o f track,
$64,400. No bonds.
] 3 coaches and 1 engine.
S P E N C E R , M ASS.
P o pulatio n 1890
w as 8,747; in 1880 w as 7,466;
and in 1870 was 3,952.
WARREN BROOKFIELD & SPENCER ST.
R Y . —A trolley ioad. Population tributary estimated at 25,000.
STOCK & B onds —
Date.
Interest. Outstand'g. Maturity.
S4 T V d1O0 )- . . » • Ai!
oV . .
.
1 B AAA ..............
* n-cY($ 5>,0t 0 . .« 4 / 1O
1t k 1 0 F AAA .-.................... :.IT. T $ O00 0>T -t 1,1916
K M.X
j .
T5 , 0 Nov. 1 A
__
1
1st M., g., $125,000, s. f. C 1896
5g. T -N
125,000
aft.Nov.1,’99 ($l,000)o.) Int. at Int’l Trust Co., Boston, Trustee.
Sinking fund is $2,000 annually on and after Nov. 1,1899.
ROAD— Owned in July, 1898, 20 miles of track connecting Warren,
Brookfield, North Brookfield, Spencer, etc.
E arnings —Y ear ending Sept. 30,1897, gross, $33,687; net, $7,228;
taxes and interest, $5,986; balance, surplus for year, $1,242.
SPOKANE, W A SH .
P opulation 1890
ARLINGTON
w as 19,922; and in 1880 w as 350
HEIGHTS MOTOR RAIL
W A Y - —2 miles of trolley track. Stock, $50,000. Bonds, 1st mort
gage 5s, M. & 8., Franklin Trust Co., Brooklyn, N. Y . trustee. Presi
dent, W. Hughson.
*
CITY PARK T R A N S I T . - A trolley road.
ORGANIZATION -Chartered in July, 1889. Franchiseruns till 1919;
Company said to be controlled by Washingto Power Coil
84
STREET
RAILWAYS.
STOCK ( no B onds )—
Authorised. Outstanding.
Stock......................................$250,000
$250,000
Full paid.
“ No incumbrances of any nature on the property ” Jan. 1,1895.
Road , ETC.—Owns and operates 6 miles of trolley track in the city
of Spokane. Rails 35-lb. steel. Company has brick and stone ear
house and offices and large public pavilion.
OFFICERS—President, D. Glass; Secretary and Treasurer, C. Glass:
Superintendent, J. B. Bliss.
O fficers —P resident, John Olmsted; Secretary, Gideon Wells; Treas
urdr and General Manager, A. E. Smith.—V. 63, p. 1061; V. 65, p.
1022; V. 66, p. 135, 762, 860.
S P R IN G F IE L D , MO.
P
o p u l a t io n
1890
21,850; i n 1880
1870 W A S 5,555.
w as
A N D IN
w as
6,522;
SPRINGFIELD TRACTION CO.
SPOKANE & MONTROSE MOTOR RAIL
O r g a n iz a t io n .— Successor in 1895 to Metropolitan Eleotrio Ry
ROAD.—An electric railroad.
Stock, $400,000. Bonds $300,000. Said to operate 15-8 miles of track
Road Et c .—Said to operate S i m ile s of track. Stock,$50,000;
par $100. 1st mortgage 6s, M-S, $40,000, due March 1,1902; Trus
tee, Provident Trust Co. of Boston; Pres, and Gen. Man., C. G. Reeder.
WASHINGTON WATER POWER SYSTEM SPOKANE STREET R A IL W A Y , ETC.
REORGANIZATION— Under plan of June 30,1897, stockholders paid
assessment of 10 p. c. in cash, or 40 p. c. in stock (which stock was re
sold), to provide for unpaid coupons, floating debt, etc., and bond
holders had their interest reduced from 6 to 4ifl per cent. No new
bonds were issued. The Washington Water Power Company controls
the following companies, which, while separate corporations, are
treated as if one property: Spokane Street Railway, chartered Deo. 13,
1886; Spokane Cable Railway; Spokane Electric Railway.
STOCK & B onds — Miles. Bate. Interest. Outstaud’g.
Maturity.
.................
Stock............................................................ $500,000
Spok.Ca.Ry.Co.lstM.,) .. 1888 4Lj(6)g.J-J* 150,000 July 1,1908
$150,000,g ,$l,000.o SSubject to call 15 bonds y’rly from July 1,1898
Spok.St.Ry.Co.lstM., > .. 1891 4^(6)g.M -S 350,000 Mar. 1,1911
$350,000, g., $1,000.5 Subject to call S5 bonds* y’rly from Mar 1,1901
on 12 miles of streets. President, Charles M. Parker.
S P R IN G F IE L D , O H IO .
SPRINGFIELD RAIL WAY— trolley road.
A
O rganization —Chartered in 1892.
S tock & B onds —
Date. Interest. Outstanding. Maturity.
Stock (par $100)....................................... .
$1,000,000
.............
1st mort., $500,000,gold..
1893 4 (6) J-J
500.000 Jan. 1,1938
Interest at Solicitors’ Loan & T i . (Trustee), Phil.
5
85,000
...... .
2d M., Income, $150,000........... .
Interest on firsts was reduced temporarily in 1895 from 6 to 4 per
cent. A t the annual meeting in November, 1897, it was stated that
prospects for payment of interest at 6 per cent, in time, were good
Road —Owns in fee 25 miles of track.
Earnings —Calendar year 1897, gross. $77,280; net, $32,302; int.
$20,000; bal., $12.302. In 1896, gross, $73,472; net, $28,295.
O F F IC E R S — President, W. B. McKinley; Vice-President, R. S. Hunter;
Secretary, W. S. H ood; Treasurer. W. G. MacFarland.
S l°stM $ 0 0 0 £« 1 9 4 6
P
e 40 0 l 8 1 M )g.M 1 0 0 N v. 2 9 1
-N 0 ,0 0 o
,1 1
G a .& (e d ’ ° 5S b e t to o l1 0b n s y’rly fro N v. 2 P0 IN G F IE L D , V E R M O N T .
u r.’p i. n .)8
uJc
a 1 o d*
m o
,1 1
S 9R
W s in to W .m
a h g n .P tge. .. 1 8 6 J
89
-J 4 0 0 J ly 1 9 9 P o p u l a t i o n i n 1890 w a s 2,881; i n 1880 w a s 3,144;
7 ,0 0 u
,1 0
Edison Elec. 1 1 Co.,) ............ 6
1.
J -D 500,000 ........ .........
guar. p. & i............ > Subject to call, 3 per cent yearly at 110.
The bonds areto be called in numerical order beginning with the
bonds of lowest number.
Interest is payable at Franklin Trust Company, Brooklyn, N. Y.
Trustee of the cable mortgage is First National Bank of Spokane; of
other mortgages, the Franklin Trust Company.
Road —System consists of 36 miles of trolley road, the cable
i ne having been changed to trolley. Rails 30 to 40 lb. T.
O F F IC E R S — Elected March, 1896: President, J . D. Sherwood; VicePresident, F. Lewis Clark; Sec. and Gen. Man., D. L. Huntington.
o p u l a t io n
1890 w
an d
24,963; i n 1880
1870 w a s 17,364.
as
in
w as
W AS
2,937.
O r g a n i z a t i o n . —Completed in 1896 from Springfield to Springfield
Station, 5-3 miles, and work stopped for want of funds; about $100,000
needed to complete the road to Charleston, making 6 miles in.
Capital stock, common, (auth.) $75,000; issued $53,300; guaranteed
6 per cent stock, $45,000; none issued. 1st mortgage for $100,000 of
5 per cent gold $500 and $1,000 coupon bonds dated Sept. 1,1896,
due Sept. 1,1916. Trustee, International Trust Co., Boston. President
Adna Brown; Treasurer, C. E. Richardson.—V. 64, p. 1043.
STAM FORD, CONN.
S P R IN G F IE L D , I L L
P
1870
IN
SPRINGFIELD ELECTRIC R Y . —A trolley road.
19,743;
SPRINGFIELD CONSOLIDATED
WAY. - A tro
lley ro d
a .
RAILr
O rganization .—A consolidation of the People’s Electric Railway
and the Springfield City Railway, the latter incorporated Feb. 18,1861.
STOCK & B onds — Miles. Date. Interest Outstand’g.
Maturity.
Strk ($750,000 au th .).................. ............ $750,000
..................
People’s Elec. 1st M . ....... 1891 6 A - 0
100,000
Apr. 1,1911
Springfield City Ry. ( 10
1890 6 M-S
125,000
Mar. 1,1910
1st M., la w fu l-?
Subject to call at 105 after Mar. 1,1895
money, $l,000..o. (
Interest at Mercantile Trust Co., N.Y. City.
Bprlngfi’ld Con. Ry. ( 22
1893 text J-D
418,000
June 1,1933
Consol, mort. for-? Interest at Columbia Trust Co. (Trustee), Louis$750,000 gold.... ( ville, KyV June, 1897, interest was paid.
Sufficient bonds of ’93 are reserved to retire all prior liens at maturity.
Of the $525,000 outstanding $107,000 are held by the Treasurer.
Adjustment—In September, 1897, floating debt was $63,000, and
consol. 5 per cent bond coupons due Deo. 1,1897, were canceled and
nterest on bonds reduced for 1898 and 1899 to 3 per oent and for
1900 and 1901 to 4 per oent, the bondholders receiving 10-year 4 per
cent scrip for the interest scaled. See V. 65, p. 730. In July, 1898, it
was hoped that in view of the semi-annual earnings for the first half
of 1898 the company would be able after 1901 to meet the full inter
est on its $750,000 bonds.—V. 67, p. 224.
ROAD— In Feb., 1897, owned 24 miles of track in the City of
Springfield. Rails 40 and 60 lb. T.
Earnings —For six months ending June 30,1898, gross, $57,402; net,
23,173, against $14,984 in 1897. For 1897, gross, $105,123; net
$41,560. For 1896, gross, $101,850; net, $39,442; interest, $38,400.
O F F I C E R S . - President, William Jarvis; Vice-President, B. Wilson
Treasurer and Gen. Man. C. K. Minary. V. 65, p. 730 V. 67, p. 224.
P
o p u l a t io n
1890
w as
and
in
15,685; i n 1880
1870 w a s 9,714.
w as
11,297;
STAMFORD STREET RR.— n ele tric ro d
A
c
a .
O r g a n iz a t io n — Incorporated Feb. 24,1886. Control was obtained
by the New York New Haven & Hartford RR. in 1895.
STOCK« B onds , Et c .—
Date. Interest. Outstand’g. Maturity
Stock, $100,000 ($50)..................................
$92,240
................
lstmortgage, $75,000 auth. 1886 5 F -A
75,000 Aug. 1,1909
Oct. 1,1897, bills payable.. ................ .
212,000
................
ROAD— 11-25 miles of track. Electricity introduced in 1895.
EARNINGS—In year ending September 30,1897, gross, $40,266;
$8,632; taxes, $1,000; interest, $3,750. In 1895-96, gross, $30,392.
OFFICERS.—President, Col. N. H. Heft, New Haven, Conn.; Secretary
and Treasurer, W. L. Squire.
S T A T E N IS L A N D , N. Y .
P
o p u l a t io n
1890
51,693; i n 1880
1870 W A S 33,029.
w as
IN
w as
38,991
NEW YORK & STATEN I. ELECTRIC CO.ORGANIZATION— This company in December, 1897, increased its
stock from $500,000 to $1,500,000, and purchased the stock of the
Staten Island Electric RR. A traction company, it was found, could
not legally operate a lighting company, and therefore it was arranged
that the lighting company should control the railway. In April,
1898, the company made a mortgage for $1,000,000 to the Colonial
Trust Co., as trustee.—Office, 32 Nassau Street, N. Y.—V. 66, p. 857.
STATEN ISLAND ELECTRIC RR. -Trolley.
O rganization —Incorporated under the laws of the State of New
York December 11,1894. Owns a through line from South Beach to
Holland Hook, where, by means of a ferry, it connects with the Con
solidated Traction Co. of New Jersey, and with a belt line around St.
George and a spur up the Richmond Turnpike to Silver Lake. The
company also controls one-half of the $1,000,000 stock of the Rapid
P o p u l a t i o n 1890 w a s 44,179; i n 1880 w a s 33,340;
T r a n s i t Ferry between St. George and New York, and owns all the
A N D i n 1870 w a s 26,703.
rights and franchises of the Staten Island Belt Railway.
SPRINGFIELD STREET R Y . —A trolley road.
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
O rganization .—Incorporated March 5,1868.
Stock, $1,250,000....................................... $1,250,000 .................
1a+M
#1 250 000
5 1895 5 g.,M-N
1,250,000 May 1, 1945
STOCK—
Date. Interest. Outstanding.
Maturity.
1st M., gold, $i,zou,uuu... ^ Trustee, Knickerbocker Trust Co., N. Y.
Stock $1,200,000 ($100) .......
Text.
$1,458,400
Text.
1st consol, mort., $2,000,-(1896 5 g .,M -N
$776,000 May 1,1946
000, gold................... e* ( Trustee, Guaranty Trust Co., N. Y.
B aftd Ap8 i a C
i
900).Ca! 1? 1895 412 A .-0 .
300,000 April l, 1910
Consols cover all franchises and property, and also, subject to the
B aft! Apr.^i^ 1911)
\ 1896 412 A -"°200,000 April 1,1916
first mortgage of 1895, $260,000 stock of the N. Y. Investment & Im
Loans and bills pajable Sept. 30,1897, $221,000.
provement Co. now deposited with Knickerbocker Trust Co. as trustee
The bonds of both issues are for $25,000 each.
of first mortgage. Of the consols, $1,250,000 will be reserved for the
DIVIDENDS— In years 1893, ’94, ’95, ’96 and ’97,8 per cent per annum. retirement of the firsts, and the balance used for extensions in the in
New Stock—In April, 1898, the Mass. RR. Commissioners approved terior of the Island.
he issue of $291,700 new stock for improvements, making total stock
Road—Road from South Beach to Holland Hook, 10-7 miles; branch
$1,458,400.—V. 66, p. 135, 762, 860.
to Richmond Ave., 6-36 miles; second track, 12-13 miles; total track,
ROAD.— Owns 60-79 miles (including 10-72 miles second track) of 29-23 miles; 90-lb. girder Cambria and 84-lb. girder Johnson steel rails.
main track and 4-39 miles of sidings; total track Oct.l, 1897,65-18 miles. Equipment—25 open and 25 vestibuled closed cars, Brill, heated and
EARNINGS.— For years ending Sept. 30 earnings have been :
lighted by electricity.
1897.
1896. I
1897.
1896.
Earnings —July 1 to September 30, 3 months:
Gross eam ’gs ..$554,312 $521,673 Divs. pd. (8p. c,).$93,336 $80,000
N e t ................. 151,587 200,088 I Bal. for year....
4,876
71,656
Gross.
Net,
Int. < taxes.
£
Balance.
Taxes, etc...... >
a a 4oo I Tot. sur. Sep. 30. 165,442 156,791
1897................ $62,282
$33,005
$24,575
sur. $8,430
def. 3,977
1896................ K43,879
20,598
24,575
Interest......... s
’
L
¡M EH
IC A
S P R IN G F IE L D , M A S S .
STEEET
OFFICERS—President, G. B. M. Harvey; Treas., C. B. Van Nostrand;
32 Nassau Street, New York. V. 62, p. 785; V. 65, p. 1222.
R o ad — In 1895 was operating 34 miles of track, of which 32 miles
trolley and 2 miles cable:—V. 63, p. 1160; V. 64, p. 665.
STATEN ISLAND MIDLAND R R - A trolley road.
ORGANIZATION—Chartered Dee. 1, 1890.' On Aug. 19,1895, reor
ganized without change of name. Operates the line of the Staten
Island Traction Co., sale of which has been set for May 26.
STOCK & B onds —
Date.
Interest.
Outstand'g. Maturity.
$1,000,000
.............
Stock, $1,000,000.......... ........................
1st mortgage, $1,000,000,5 1896
5 g. J-J
1,000,000 Jan. 1,1926
gold ($1,000).............o* tint, at Farmers’ L. & Tr. Co., N. Y.,trustee.
Loans and bills payable Deo. 31, 1897, $48,442; open aocounts*
$5,888.
Sinking fund after 5 years but bonds cannot be called.
Road —Owns 27*15 miles of track, including second track, 10*34
miles; sidings, 9*33; rails 65 to 70 lb. T rails and 90 lb. girder; 40
motor cars.
E a r n in g s — July 1 to Sept. 30,1897, three months, gross, $50,824;
Oct. 1 to Dec. 31,1897, 3 months, gross, $22,S03; operating expenses,
$21,923; fixed charges, $13,121; loss from operating, $12,241.
OFFICERS—President, James C. Hinchcliffe of Paterson, N. J.; Treas
urer and General Manager, W. B. Rockwell, Scranton; Secretary, E.
G. Wightman of Middletown. N. Y.; Electrical Engineer, M. J. Wightman of Scranton. General offices, Stapleton (8. L ), N. Y .- V. 62, p. 504.
TACOMA TRACTION O r g a n iz a t io n , E t c .— Chartered Dec. 12,1894, to buy and construct
street railways in Tacoma. Carries passengers and freight.
S tock & B onds —
Date. Interest. Outstand’g.
Maturity.
Stock, $500,000..........................................
$500,000
............
i +
ibncA aaa „ u
( 1894 5 g. M -N
224,000
1914
1st mort., $250,000 gold.... | Int_atw?N. Coler& Co.,34NassauSt.,N.Y
Road —G auge 3L} feet. Length, single track, 20 miles; sidings and
branches, 4 ^ miles. Paved in Taeoma; gravel ballast outside. Line
runs from Ninth and Railroad Sts., Tacoma, to Edison and Puyallup.
E arnings —For fiscal year 1896-97 net earnings were $12,850; about
$8,900 was spent for additional equipment, newtrack, etc. In 1897-8
earnings were sufficient to provide for interest, i mprovements, exten
sions, £c. July 30,1898, had no construction account or floating debt.
OFFICERS—President, L. H. Hole, 11 Pine St., New York; VicePresident, W. N. Coler, Jr., 34 Nassau St., N. Y.; Secretary and Treas
urer, George B. Blanchard, Tacoma.
CITY PARK R A I L W A Y - A trolley road.
O rg anizatio n , Et c .—Stock, $25,000; 8 miles of track; g a u g e d 1
«
ft. rails, 40-lb. T > 15 cars, of which 13 are motors.
STOCKTON, CAL.
P o pulatio n
in 1890 w as 14,424 ; in 1380 w as 10,232.
STOCKTON ELECTRIC R R . - A trolley road.
STOCK & BONDS—
stock (i); 1st M. 6s, A-O, $150,000; due 1917;
trustee, California Safe Deposit & Trust Co. Owns 12 miles of traok.
OFFICERS—President, Joseph Fyfe; Secretary, H. J. Corcoran.
S T R E A T O R , ILL.
P o pulatio n 1890 w as 11,414; in 1880
w as 5,157
and in 1870 w as 1,486.
S T R E A T O R
85
RAILWAYS,
R A I L W A Y —A trolley road.
TARENTUM , PA.
P opulation 1890 w as 4,627; in 1880
AND in 1870 w as 944.
T A R E N T U M
w as 1,245;
T R A C T I O N . —A trolley road.
O r g a n iz a t io n —Chartered in 1890. Stock $50,000; par $50; IstM .
$100,000, gold, 1894, 6g., J - D , due Deo. 1,1924, but subject to call
after Dec. 1,1904. Fidelity Title & Trust of Pif tsburg is trustee.
ROAD- -4*7 miles of track and *2 mile of siding in Tarentum and sub
urbs. Rails 68 lb. girder. Year ending June 30, 1897, gross, $19,282;
net, $4,650; interest and taxes, $6,381; balance, def. for year, $1,731
President, C. G. Hussey; Sec., J. B. Cranford; Treas., Frank R. Dravo
ORGANIZATION —Chartered in 1891. Franchise runs for forty years.
Interest due Jan. 1, 1895, and since has not been paid.
R e c e iv e r s h ip — In November, 1896, 0. C. Barr was appointed re
receiver. To February, 1897, no plans for reorganization formed.
STOCK & B onds —
Date. Interest. Outst'd’g. Maturity.
.......... . $250,000 ...................
Stock..................... .............. ..
1st M., gold ($1,000)...c*&r. ( 1891 6g.J-J15 160,000 Jan. 15,1911
Jan.,’95, coupon unpaid.. XTrustee is Farmers’ Loan & Trust, N. Y.
R o a d — On Aug. 12,1895, owned 5 % miles of track. Rails 56 lb. girder.
OFFICERS.—President, P. F. Barr.—V. 63, p. 970.
P opulation 1890
w as 5,930; in 1880 was 4,077;
and in 1870 was 3,131.
SUNBURY & NORTHUMBERLAND ELEC
TRIC RAIL WAY— tro
A
lley ro d
a .
ORGANIZATION— Chartered June 24,1885, as Sunbury & Northumberand Street Railway. Reorganized May 28,1892, after judicial sale.
Miles. Date. Interest. Outstand'g. Maturity.
S tock & B onds —
..........
Stock, $125,000 (par $50)......................... ....... $125,000
65,000
First mortgage, gold........C* 3*2 1892 6 g. J-J
7,000
..........
Loans (unsecured) Jnilyl,’97 ..........................
Road —Owns 3*9 miles of track in Sunbury and Northumberland.
EARNINGS—For year ending June30,1897, gross, $16,831; net, $3,130
interest and taxes, $4,141; bal., defloit for year, $1,011. In 1895-6
gross, $15,976; net, $3,141; int. and taxes, $2,518; bal., surplus for year
$623. In 1894-95, gross, $14,661; net, $2,158.
OFFICERS—Pres., Daniel Coolidge; Sec. and Treas., S. P. Wolverton.
W
IS.—S e e
W est
o p u l a t io n
1890
M ASS.
25,448; i n 1880
1870 w a s 18,629.
w as
and
IN
w as
21,215
PROVIDENCE & TAUNTON STREET R YA trolley road. 14 miles. Commenced operation July, 1898.
.
Stock, $175,000. Bonds authorized, $175,000 1st 5s. Sec., J. A. King.
. TAUNTON STREET R A I L W A Y —A trolley road.
O r g a n iz a t io n — incorporated Feb. 12,1870.
SUNBUR Y, PA.
S U P E R IO R ,
TAUNTON,
P
S u p e r io r .
S tock & B onds — Date. Interest. Outstanding. Last divid’d, etc
$350,000
Deo., 1893
Capital stock ($100)...........................
1st mortgage....... .
1894
5 J -J
350,000
Jan. 1,1915
1894
5 M -S
200,000
Mar. 1,1914
Debentures. .........
Cur’ntliab’sOot.1,’97 .....................
73,567
.............. .
Interest at American Loan & Trust Co., mortgage trustee, Boston.
Road —Owns and operates about 17*1 miles of main track (measured
as single track) and 1*3 miles of sidings and switches.
A n n u a l R e p o r t — For years ending Sept. 30:
Year Sent. 30— 1897.
1896. I
1897.
1896.
Gross earnings...$81,632 $85,896 Int., taxes, etc..$32.935 $33,291
Net............... j.. 30,064
35,256 ' Balance....... def. 2,870
1,965
O f f ic e r s — President and Treasurer, Sylvanus M. Thomas; Secre
tary, O. A. Barker.—V. 60, p. 796.
TAUNTON & BROCKTON STREET RAIL
WAY —A trolley road.
ORGANIZATION— Commenced operations Sept. 4,1897; stock, $100,000; first mortgage bonds, 5s, Aug. 1917, $100,000; State Street Trust
Co., Boston, Trustee. Owns 13 miles of main line and has trackage
two miles, reaching Brockton, Easton and Raynham. President, Syl
vanus M. Thomas. In July, 1898, paid 2 per cent dividend.
S Y R A C U S E , N. Y .
P o pulatio n 1890
w as 88,143; in 1880 w as 51,792;
and in 1870 w as 43.051.
SYRACUSE RAPID TRANSIT R Y O rQANIZATION—I ncorporated May 21,1896, per plan in V. 62, p. 644.
Maturity.
Date. Interest. Authorized.
S tock & Bonds —
$2,750,000
1,250,000
Preferred 6 p. 0., non- cum.
750,000 Jan. 1,1921
5 J -J
People’s RR., 1st mtg...... 1891
Mort. ($3,250,000)gold...'►
2,500,000 Mar. 1,1946
5g.M-S
($1,000) ..............0* 1896
Guaranty Trust Co., N. Y., trustee.
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.
EARNINGS—Jan, 1 to July 31, 1898 (7 months), gross, $264,443,
against $241,165 in 1897. Year ending June 30,1898, gross, $451,952; net, $200,638 ; other income, $8,660; charges, $176,756; surplus,
$32,542. For year ending June 30,1897, net, $178,074.
ROAD—The length of the lines is about 60 miles.
D irectors —Charles R. Flint, L. K. MeClymonds and Edward C.
Jones, of New York; Theodore H. Conderman, Philadelphia; A. C.
Chase, Wiliam P. Gannon and Willard R. Kimball, Syracuse; H. D
Coffinberry, Cleveland, O.; William M. Brown.—V. 66, p. 385.
T E R R E H A U T E , IN D .
P o pulatio n 1890
and
w as 30,217; in 1880 w as 26,042;
IN 1870 w as 16,103.
TERRE HAUTE ELECTRIC RAIL WAY-
ORGANIZATION— On Oct. 18, 1897, Joshua Jump was appointed re.
ceiver—see V. 65, p. 825,1025.
S tock & B onds .—
Date. Interest. Outstanding.
Last Div., etc.
Common stock....................................
$300,000
1
Preferred stock, 6 p . c .| ....................
200,000
^ ®ee tex^
*
Receiver’s certiflocates ...................
75,000
.............
_
tto,,
1
5 1892
6 J-J
400,000
July 1,1912
TerreHau.St.Ry.lstM. ¿interest due Jan. 1,1898,la default.
Terre Ha. El Ry. IstM . 5 1894 6 g. Q.—J
$542,000
July
1914
$1,000,000 $1,000, g.c* ( Jan., 1898, interest not paid.
DEFAULT— Interest due Jan. 1,1898, on 1st 6s of 1892, and consol.
6s of 1894 was not paid.—V. 66, p. 84, 185.
Bonds—Bonds of 1894 for $542,000, including $250,000 out as collat
eral for floating debt, are outstanding, and the balance of bonds was
held by the trustee in escrow. V. 61, p. 1108; V. 66, p. 906.
L a t e st E a r n in g s — Jan. 1 to Sept. 30, 9 months, gross, $ m ,7 9 0 in
1897; $120,341 in 1896. For fiscal year ending June 30,1897, gross,
$157,440. In 1895-96, gross. $161,671.
E l e c t r ic L ight C o n t r a c t .— The company in 1894 secured the con
P o pulatio n 1890 w as 36,006; in 1880 was 1,098.
tract (through the Citizens’ Eleotrio L. & P. Co., owned and operated)
for lighting the entire city by electricity under a 50-year franchise,
TACOMA RY- & MOTOR—
Mostly trolley.
ORGANIZATION— Chartered March 22.1889. Sold in foreclosure Mar. net profit estimated to be above $12,000 per annum aside from com
27,1897, for $100,000 to Howard C Levis, N. Y., acting for the Gen mercial profit. On August 1, 1897, the company was furnishing 53
eral Electric Co., who transferred the property to James O. Carr, of arc lights and equivalent of 11,000 lamps; also 125 H. P. to motor
for power purposes. Bonds outstanding on light plant $ (1)
chenectady, N Y , in July.
TACOM A, W A SH .
STR EET
Ö6
R A IL W A Y S
STEAM H eating Co.—The Electric Railway also owns the Terre
Haute Steam Heating & Power Co.
Road -Owns 23 miles of track, including 4 miles double track and 2
miles sidings. Rails are GO and 72-lb. T rail.
OFFICERS.—Russell B. Harrison, President; John G. McNutt, VicePresident; M. P. Burke, Treasurer ; P. P. Thomas, Secretary. N. Y.
office, Manhattan Building, 66 Broadway. '
INDEX—v . 65, p. 778, 825,1025,1116; V. 66, p. 84,185, 906; V. 67,
p. 323.
TORONTO,
P
o p u l a t io n
1895
and
CANADA.
174,309; i n 1890
1880 w a s 75,110
w as
in
160,141;
w as
THE TORONTO RAILW A Y-A tro
lley ro d
a .
O R G A N IZ A T IO N — Incorporated in 1892 and acquired by purchase the
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 since
been ratified by act of the legislature of Ontario.
In September, 1896, it was reported that the Toronto Ry., in conneo
P o p u l a t i o n 1890 w a s 81,434; i n 1880 w a s 50,137;
tion with the Montreal St. Ry., had leased the Birmingham Tramways
(431 miles of track operated by horses) for 21 years at an nnnnn.)
8
a n d i n 1870 w a s 31.584.
TOLEDO TRACTION COMPANY-A tro
lley ro d
a rental of £5,000. Electricity is to be introduced.
.
O rganization —In o o te in M 1895. O J ly 1896.
c rp ra d
a,
y
n u 1,
Payments to the City—As to annual payments to the city, see S u p p l e
a q ire b c n o a n a th p p rty rig ts a d fra ce is of,May, 1898.
c u d y o s lid tio ll e ro e ,
h
n
n h te e .,
s tc
m
n
of a th s e ra a s in th city of T le o a o co tfo th& BONDS—
ll
e tre t ilw y
e
o d ; ls
n STOCKe
ls
Date. Interest.
Outstand'g. Last div.,etc.
.......
$6,000,000 f.p. See text.
T le o C n o a d E tric C ., w ic o n a d c n ls p c a
o d
o s lid te
lec
o
h h w s n o tro Stock (par $100).....................
ra tic lly
Toronto St. Ry. debens. 1881
6 J -J
600,000
July 1,1914
a th e c
ll e le tric lig tin (p b a d p a ) a d p w b s1st s of th
h g u lic n riv te n o er u in M.,$4,550,000$&£ 5 1891 4i3 g.iT 2,200,000 Aug. 31,1921
es
e
c , a dth u d rg u d c n u .
ity n
e n e ro n o d its
$35,000 p. m..........c* <T’stees, G. A. Cox, To’nto, & R. B. Angus, Mont.
STOCK & Bonds —
Date. Interest. Outstand'g.
Maturity.
ITInterest and principal on sterling bonds payable Feb. 28 and Aug.
Common stock, par $i^00............................. $4,000,000
.............
Pref.. 6%, non-cum.,phi%,00.......
6 p. c.
2,000,000
............. 31 at Bank of Scotland, Lothbury, London, E. C.
Tol. Con. St. 1stM., $1,000.. 1885 6 J-J
300,000 Jan. 1,1900
Dividends—In July, 1895,1% per cent; in 1896, Jan., 1% per cent ;
2d mortgage, ($500)...... 1887 6 J-J
114,000 Jan. 1,1900 July, 1% per cent; in 1897, 3 ^ per cent; since, (?)
Interest at Fourth Nat. Bank, N. Y. City
Sinking Fund—The company is obliged to redeem 5 per cent of its
Tol. Consol. Street Railway 1 1889
5 J-J
1,086,000 July 1,1909
consol, mort., currency, ¿-Interest is payable at Metropolitan Trust total bond issue by drawings at par yearly from Aug. 31,1911 to 1920.
$1,000, c., 65 miles........ )
Co., Trustee, New York City.
Bonds—The first mortgage bonds cover the entire property, subject to
Toledo Electric Street Ry ( 1892 5 g. F-A
700,000 Feb. 1,1912
payments due the city and the debentures, to retire which $600,000
1st mort., 36 miles, gold < Interest at Blair & Co., 33 W all St., N. Y.
$1,000.................... c* C Security & Trust Co., trustee, N. Y. City.
firsts are reserved. The bonds unissued may be used for new construc
Tol. Traction consol. M., >
1896 5g. J&J 2,800,000 July 1,1909
$6,000,000g.,($l,000) o* 5 Interest at Guaranty Tr. Co., N.Y., trustee. tion at the rate of $35,000 per mile of single track, but its total bond
Bands—Of the new consolidated mortgage 5s of 1896 for $6,00.0,000, issue must not exceed in the aggregate $4,550,000.
Road —Operates 94 miles of track, of which 8 miles controlled by
$2,200,000 are retained by the mortgage trustee to retire divi
ownership of stock.
sional prior lien bonds when due, $2,800,000 were used to retire
EARNINGS—From Jan. 1 to June 30 (6 months), gross, $534,383 in
certain old bonds canceled and mortgages satisfied at time of consoli
dation, and $1,000,000 are reserved for future extensions and better 1898; $472,386 in 1897.
Earnings for years ending Deo. 31 as follows :
ments, to be issued only at the rate of 75 per cent of actual cost of
Cross.
Net.
Interest. Amt.paid city. Bat., surp
such improvements. The mortgage covers all the railway, subject to
TOLEDO,
O H IO .
the divisional liens of $2,200,000, and is 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 1st mortgage bonds and entire capital stock
of Toledo Consolidated Electric Co.
1897... $1,077,613
$551,811
..........
....
........
1896.. . 997,273
489,512
128,564
78,922
282,026
1895.. . 992,801
502,886
131,997
78,197
292,692
OFFICERS— President, William Mackenzie; Vice-President, James
Ross; Manager, E. H. Keating; Secretary and Treasurer. J. C. Grace.
E a r n in g s — T e e rn g h v b e a fo w
h a in s a e e n s llo s;
dross.
Net.
Charges. Bal.,sur.
Sixmos, end. Dec. 31,’97.. $468,039 $207,507 $146,725 $60,781
Year ending June 30,1897. 875,692
325,613
279,893
45,720
ROAD— Length of track, 120 miles; of streets, 70 miles. Cars (closed),
119; open, 102: trailers, 23), 244.
O f f ic e r s — President, Albion E. Lang, Toledo; Vice-President, John
B. Dennis, 33 W all Street, New York; Secretary, Charles L. Wight;
Treasurer, William E. Hale.—V. 63, p. 1116.
TOLEDO BOWLING GREEN & FREMONT
RAILWAY— trolley road. Stock, $500,000. Miles of track,
A
16. President, F. J. Hoag; Vice-President, J. A. Huston; Secretary
and Treasurer, Edwin Jacoby.
TOLEDO & MAUMEE VALLEY RY--Trolley.
O r ganizatio n , E t c .—Chartered 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.
R o a d — Owns 13 miles of track, entering Toledo over tracks of To
ledo Traction Co.; 56-lb. rail; 14 cars. The Toledo Maumee & Perrys
burg Electric RR. forms an extension. President A. K. Detmiller.
T O L E D O M A U M E E & PERRYSBURG
ELECTRIC R R . —A trolley road. Incorporated Feb., 1894.
Stock, $150,000. Bonds, 1st mortgage 25-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.
TOLEDO & MONROE RY.— be a trolley road.
To
O r g a n iz a t io n — Incorporated to build a road between Toledo, Ohio,
and Monroe, Mich., 23 'v miles.
S tock & B o NDS— '
Date Interest: Outstand'g Maturity.
Stock, $450,000 (par $100).... . . . .... ......... .
(?)
m
«
«450 000 ($ 1,000) .. J Int at 5g.J.— Tr $450,000 June 1,’18
OOOl
D.
ist M., g„ $ 450,000
} 1898 Knlok
Co >
’N Y ., TriI8’tee.
• R o a d — Toledo to Monroe, 23*2 miles, under construction and ex
pected to be completed about August, 1898. Projected to Detroit; also
to Dundee, Mich. Rails, 70-lb. T ; stone ballast.
S to ckho lders —P. N. Jacobson, Monroe, Mich.; W. C. and W. M.
Johnson, Detroit;, Holt, Schober & Co., Philadelphia, Pa.
TOPEKA, KAN.
P
o p u l a t io n
1890
an d
31,007; i n 1880
1870 w a s 5.790.
w as
in
w as
15,452;
TOPEKA RAILWAY-Mostly tro y
lle .
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
Stock, $1,250,000 ($100). ....................»i,zo ,u u i.p
-------------* ...........
u u
.
( 1892 41 g :'M -S
«
1,100,000 May 1,1922.
Topeka Ry. 1st M.
< Interest at J. Kennedy Tod&Co.,N.Y. City.
($1,100,000) g. ($1,000) c.
( Trustee is Manhattan Trust Co., N. Y. City,
ROAD—'Owns 33 miles of trolley, laid with 35 to 52 pound rails.
OFFICERS—President and Treas’r, C. C. Baker; Sec’y, J. G. Slonecker.
WEST SIDE CIRCLE R AIL W A Y-A
steam road
ROAD, Et c .—6 > miles of track. Stock said to be $50,000. First
2
mortgage 6s, J&J, 1887, due 1907, $50,000; coupons of Jan. 1, 1890,
and since are unpaid.
T O R R IN G T O N , C O N N .
P
o p u l a t io n
in
1890
w as
6,048;
in
1880
w as
3,327.
TORRINGTON & WINCHESTER STREET
R A I L W A Y —A trolley road.
O R G A N IZ A T IO N — Incorporated in 1897 under special act of Connecti
cut Legislature. Operated from July 1,1897. Serves a population of
about 20,000.
STOCK $c B onds —
Date. Interest. Outstanding. Maturity.
Stock, $200,000 (par $100) ...................... $200,000 f. p ..................
1st mortgage, $150,000.« 1897 5 g. J -D
150,000
Dec.l,l917
gold .................... ..... 0* ( Int. at Hurlburt Nat. Bk , Winsted, Conn.
Trustee of the mortgage is State Treasurer of Connecticut.
R o a d — Torrington to Winsted, 13 miles, of which 10 miles are built
on right-of-way owned by company. Equipped with 56-lb. 4-in.T rails.
Earnings —For first six months of operation ending Dec. 31,1897,
gross, $25,341; net, $14,011;, jnt. pn bonds, $3,750; surplus, $10,261.
O FFICERS—President, W . B . ¡Ferguson; Secretary, S. A . Herman;
Treasurer, C. A . Richardson.
T R E N T O N , N. J.
P
o p u l a t io n
1890
57,458; i n 1880
1870 W A S 22,874.
w as
A N D IN
w as
29,910;
NEWTOWN & DELAWARE RIVER TRAC
TION COMPANY— be a trolley road.
To
ORGANIZATION, E t c .— a reorganization in November, 1897, of the
East Penn. Traction. Company intend« to build between Trenton,
N. J., and Yardley, Newtown, Morrisville and Doylestown, etc., 1
’a.
Under construction in May, 1897, from Trenton to Doylestown, 26 m.
President, Lewis A. Conwell. Office, No. 1345 Arch Street, Philadel
ph ia—V. 65, p. 925. ‘
NEW YORK & PHILADELPHIA TRACTION
—To be a trolley road.
ORGANIZATION— Chartered July, 1894. A n agreement with the
Brunswick Traction Co. was made in January, 1898, by which a through
line from Perth Amboy to Trenton is proposed. Ou Jan. 1, 1898, had
outstanding $25,000 of full-paid capital stock; bonds, none; other
debts, $180,000; and owned 3 miles of track in Bridgewater township
and Somerville, N, J.
In July, 1898, line opened between Bound Brook and Somerville, 5
miles, aqd it was said the connection with the line of the .Brunswick
Traction, one mile east of Bound Brook, would shortly be completed,
making a through line from Somerville to New Brunswick. Work was
also then reported to be progressing between: Bound Brook and Dunellen, which, in connection with the Brunswick Traction .proposed line
between Elizabeth and Plainfield, will give a through route from
Newark to Bound Brook, and the line through. Somerset and Mercer
Counties was a so being completed. President, N. B. Cox; Vice-Presi
dent, Jno. Blair MaoAfee of Bala, Pa.; Sec. and Treas., John H. Darrah.
General office, Bound Brook, N. J.—V. 59, p, 115; V. 61, p. 113.
TRENTON PASSENGER RAILW A Y-A tro
lley
ro d
a .
ORGANIZATION— Formed in October, 1891 by consolidation of the
entire street railway system of the city. Charter is understood to be
perpetual and irrepealable, and a franchise exclusive. In January,
STKEET
1.895, stockholders of the Trenton Traction Company purchased conj.
trol of the stook (see V. 60, p. 44). In July, 1898, it was reported tba,
the stockholders of the Tienton Passenger Ry., Ewing Passenger Ry.
Mulberry St. Ry. and Pennington Ave. Pass. Ry. had voted to consoli
date under the name of the Trenton Street Ry.
STOCK & B onds Date. Interest. O utstand’g ..
M a tu rity , etc
.... ......
Ipl.OUvjvUv
............. .
First mortiraee
‘
-1
i
100,000
1906 to 1915
• l i o o o W f g o i d i
d i ooo pnoh c*
>
I
I $150j000
1916 xo 1925
Interest at Cent’l T r w t } 1891 6 g .A -0 ( ($15,000 due yearly Sept 30)
n m r»n n V trustee.
¡t>lUU,UUU
19.40 D 19oU
O
New York City.
($20,000 due yearly Sept. 30)
n e w lo m w t y .
j
[ $650,000
Sept. 30,1931
Other debts (Jan. 1,1898)....................... $205,350 .........................
Cost road and equipment to Jan. 1,1898, $2,696,199.
Road _In January, 1898, owned and operated 34 miles of track.
The new tracks have 90-lb. Johnson girder rails. Has power house of
sufficient dimensions to operate the system and also to light the city.
_
11897......g ro ss, $225,074; expenses, $223,705
E a r n in g s — Year,
......gross, 228,356; expenses, 226,284
Jan. 1 to Deo. 31.51895! ! ".gross. 222,761; expenses, 220,990
O f f ic e r s — President, Henry C. Moore; Vice-President, Thomas C.
B arr; Secretary and Treasurer, Jno. L. Kuser.
TRENTON TRACTIONORGANIZATION -Incorporated in December, 1894. Proposed to lease
the Trenton Passenger Railway, but the minority stockholders of that
company objecting, a number of the Trenton Traci ion stockholders
purcha se d control of the Passenger Ry., buying, it is said, $1,000,000
stock. V. 60, p. 44. Traction stock, $500,000; paid, $150,315; par, $100
T R O Y , N. Y .
P o pulatio n 1890
w as 60,956; in 1880 w as 56,747;
and in 1870 w as 46,421.
87
RAILWAYS.
Suburban Ry. for 99 years; rental interest on its 5 p. c. bonds. E x
td sion of the Utica Suburban Ry. from Genesee Street, New H art,
ford, to Forest H ill Cemetery, in operation.
K B S S f . : :::::: ss» y s s f © I g f h v i l !
1891 5 J - J
200,000 Jan. 1,1931
2 M. ($200,000) gold, c .......
<t
Utica Suburban 1st vf. 3
gold, $50,000, guar. > .......
1897 5 g. M-S
50,000
1937
($500 each)........ — 1
Interest at N. Y. Security & Trust Co. (trustee), N. Y. City.
Stock- Preferred stock is non-cumulatlve and only entitled to divi
dends when earned as follows: For two years from May 1st, 1896, at
5 per cent and thereafter at 6 per cent.
Bonds—1st M. bonds draw interest for 2 years from May 1st
1894, at 4 per cent, and thereafter at 5 per cent ; 2nd M. bonddraw interest for 4 years from July 1st, 1894, at 4 per cent, and there
after at 5 per cent. Second mortgage bonds are $500 each.
ROAD— Lines Leased.
Miles, i
Lines Owned.
x M U e tt.
Yorkville to Upper Mills....... 1-75 Ì Main lin e .................... - ......
Main street to New Hartford. .3-801Branch................................ 1 bu
“
“
to Whitesboro
3*791
00>0,
Sidings (owned and leased
5*00 |
Total of all...................... z<s
L a t e st E arnings —July i to June 30,12 months :
Gross.
Net.
Int., taxes, <tc. Bat. surp.
1897-8.............. $192,836
$52,196
-m it o
1896-7.............. 166,422
60,225
49,673
10,552
For ù x months ending June 30, 1898, gross. $89,241.
A n n u a l R e p o r t .— For years ending June 30, earnings have been
1896-7. 1895-6.
1896-7.
1895-6.
G ro ss............ $166,887 $166,966 T a x e s ................ ? ’Z o
? Z 15,002
Rentals............. 15,000
N et....... .......
60,225
56,087
12,670
30,636
25,639 BaiaLce, surplus.10,552
Interest.........
OFFICERS—President, John W. Boyle; Secretary,EdwardBushinger;
Treasurer, Chas. W. Mather.—V. 63, p. 503; V. 65, p. 568.
T R O Y C I T Y R A I L W A Y —Mostly electric.
O rganization —Chartered Jan. 31,1866. Controls by lease the Troy
& Lansingburg RR.. which in turn leases the following: Troy & Cohoes
Ry., Lansingburg & Cohoes Ry., Waterford & Cohoes Cos.
Qmi'K A B o n d s — D ate.
In te rest.
O utstand’g
M a tu rity .
Stock1$100) . .................
5 Quar. $2,000,0(50 J’ne 1,’98,1%
Troy & Lansingburg) 1888
5
A -0
37,000
Apr. 1,1898
consol, mortgage., s Interest at Mutual National Bank, Troy.
T r o y & L a n s b . mort... 1888
5
A -O
42,000
Apr. 1,1903
Troy City lstcon.M .,) 1892
5 g. A -O
1,921,000
Oct. 1,1942
g.,$2,000,000..c*&r 5Interest paid by Trustee, Central Trust Co., N.Y.
UTICA & MOHAWK RAILROAD—
S tock ? B o nds , E t c .— Miles. Date. Interest. Outstand’g. Maturity.
••---• -•
Stock, $250,000, par $50................... . . . . . . . . . $52,100
1st,mortgage gold.. . ... ....... 1890 5 g. J—
J
75,000 July 1,1910
20,000 Nov.1,1910
2d^mOTtguge, $35?obo. .. ....... 1896 e ld -N
Bills payable Mar 31,’98 ................................
28,515 .............
R o a d — Owns from Genesee Street to Utica Park, 2% miles; sidings
0-33 miles; total, 3-08 miles; also parks valued at $45,869.
EARNINGS—For six months ending March 31,1898, gross, $11,644
deficit from operations, $3,81S. For year ending June 30, 1897
Gross, $26,079; net, $5,151; other income, $1,280; taxes, $393; inter
est, $6,318; balance, def., $280.
O f f ic e r s — President, James F. Mann; Secretary, William E. Lewis..
D tb6n ii
3 1R4J \ 1895-6 6 M -N
8
260,00O
1900-1901
Debent, (refunding) - 1897
5 Q-F
200,000
May 1,1901
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. c. yearly; Lansingburg & Cohoes,
P o pulatio n 1890 w as 13,067; in 1880 w as 7,295;
$15,000, dividends under lease, 7 p. c. yearly; Troy & Lansingburgi
and in 1870 w as 3,008.
$700,000, owned by Troy City R y .; total, $765,000. The Waterford &
CITIZENS’ RAILWAY.— tro
A
lley ro d
a .
Cohoes RR., $25,000 stock, receives 7 p. c. yearly under lease.
O rganization —I u 1895 acquired the Waco Electric Railway <s
D iv id e n d s — Dividends of 5 per cent per annum to Dec., 1896, in
Light Company, adding 9 miles.—see V. 66, p. 84.
clusive; in 1897, Sept., 1 p. c.; Dec., 1 p. c.; in 1898, Mar., 1 p. c.; June,
STOCK & B onds Late. Interest. Outstand’g.
Maturity
1 p. c.; checks are mailed.
llfA n lr
......
...
.........
f O O U ,U U U
R o a d — Operates track in Troy, extending to Lansingburg, Green 1st mortgage, currency... 1890 6 A -O
350,000
Oct. 1,1910
Trustee is St. Louis Trust Company of St. Louis, Mo.
Island, Cohoes and Waterford.
‘ Road —Operates about 25 miles of track. In June, 1898, reported to
Length of road owned.
Miles. Total tracks owned............. 21-59
Length of lines leased
Miles.
Main line (single track)...
10-15
have abandoned its College Heights line.
Branches....... ................
3-52 Troy to Cohoes..........- ......... 3-72
OFFICERS—President and General Manager, H. C. Scott.—V. 66, p. 84
Union Depot....................
‘51 Lansingburg to Cohoes........ 1‘1
Second track....................
7*41 Waterford to Cohoes . ...... 1‘88
Second track and sidings...... 3'00
Wgt. of rail per yd. ,63 ^ to 93 ^ lbs.
L a t e st E arning s .—July 1 to Mar. 31, nine months :
P o pulatio n in 1890 w as 6,982; in 1880 w as 5,547;
9 mos.— Gross.
Net.
Oth. income. Int.,tax.,<£c. Bal.,surp.
$76,923
1897-8___ $390,320
$177,247
$5,994
$106,318
and in 1870 w as 4,135
63,880
1896 7 . . . . 365,528
164,923
6,280 107,323
WAKEFIELD & STONEHAM ST. RY.—
Trolley.
Loans and bills payable Mar. 31,1898, $65,000.
O r ganization —incorporated in 1892.
A n n u a l R e p o r t .—A nnual reports show:
Ro n d « —
?
Date, interest. Outstanding. Maturity
1896.
Fr.end.Juneso. 1897.
1896
1
‘ 1897.
Stock, $300,000, $100 par............. 6 p. c.
$150.000
Text.
Gross earn’gs.$518,975 $515,773 Dividends.... $50,000 $ 100,000 1st mort. $150,000 gold... c. 1895 5 g . M - S
150,000 Mar. 1,1915
21,100
Net................ 232,434
252,129 I Bal., sur. year 46,664
The whole issue is redeemable at 105 after March 1,1900, but bonds
Other income.
7,319
4,395 1Total surplus
123,756 cannot be drawn. Interest at American Loan & Trust trustee, Boston.
Int., taxes, etc. 137,089
135,424 | June 30----- 164,762
OFFICERS.- President, C. Cleminshaw; Sec. and Treas, J. J. Hagen- Dividends year 1894-95, 6 p. c.; in 1895-96, 6 p. c.; 1896-97, 5 p. o.
Road —Owns 15-42 miles of track,laid with 50-lb. T rails, in towns of
—V. 62, p. 321,952; V. 63, p. 558; V. 66, p. 1042.
Wakefield, Stoneham, Reading, Saugus and Melrose,ail in Massachu
setts. The extension, Reading to Stoneham, was opened May 26,1895.
LATEST E a r n in g s — From Jan. 1 to July 31,7 months, gross, $32,954
P opulation 1890 was 4,215; in 1880 w as 2,418.
in 1898 ; $32,289 in 1897. For year ending Sept. 30, 1897, gross
T U S C A L O O S A B E L T R A I L W A Y —A steam road.
$58,225; net, $23,263; charges, $13,630; dividends, $7,500; bal.,
O r g a n iz a t io n — Chartered July 5,1889.- Stock, $100,000; 1st mort surplus for year, $2,133. In 1896, gross, $58,212; net, $21,702.
O fficers—President, C. F. Woodward; Vice-Pres., Treas. and Gen.
gage, 5s, gold, J - D, $100,000, due June'l, 1918. Interest is payable
in New York at Knickerbocker Trust Co.
Man., J. F. Shaw; Secretary, E. M. SoUthworth; Supt., C. F. Heath.
Operates about 6 miles road. President, W. C. Jemison; Sec. and
Treas., John T. Cochran; Gen. Man., J. W. Woolfolk, 15 Wall St.
W ACO, TEXAS
W A K E F IE L D ,
M ASS.
TUSCALOOSA, A LA .
W A S H I N G T O N , D. C.
U T IC A , N. Y .
P o pulatio n 1890
w as 44,001; in 1880 w as 33,914;
and in 1870 was 28,804.
F R A N K F O R T & U T I C A S T . R Y . - T o be a trolley road.
O r g a n iz a t io n — Chartered Feb. 6,1895, Road to extend from Frank
fort to Utica, 7 miles. On August 8,189?, obtained permission from
the Railroad Commissioners to change system to overhead trolley.
Stock, $70,000; paid in, $7,000 President, Jojm V. Quacktnbush.
Sec., Nelson J. Davis; Treas., Clinton Beckwith.
P O P U L A T IO N
1890 W
188,932; I N 1880
1870 W A S 109,199.
A S
A N D IN
W A S
147,293;
ANACOSTIA & POTOMAC RIVER RAIL
ROAD— - h rs ro d
A o e a .
O R G A N IZ A T IO N — Incorporated Feb. 18,1875. Interest is in default.
On April 1,1898, Henry Griswold and Benj. S. Minor were appointed
receivers.
Q-rnr'K
Ro n d «;—
Miles. Date. Interest. Outstand’g. Maturity.
Stoik au.7$100,000 ($50) ............................... $50,000 f.p..................
V lI T !
A
: < 10-40 1891 6 g A -O
200,000 Oct. 1,1931
istM ., $200,000,gold..c ^
Subject to call after 1901
2dM .,$100,000,currency ....... 1892 6 J - J
100,000
1912
UTICA BELT LINE STREET R R .- T r o ll e y .
3d Ml, $50.000.’........... . ......-1 8 9 5
6%
50,000 . . . . . . . .
ORGANIZATION—Chartered June 18, 1886, and owns the principal Other funded debt Dec. 31.1897.....................- ...................... $33,691
street car lines in Utica and adjoining villages. It leases and operates Floating debt Dec. 31,1897............................. - ...................... 20,621
Road -O w ns 13-40 miles of road and has trackage rights over 1-98
a portion of the Clinton & Binghamton Railroad at a rental of $15,000,
the lease being dated 1886 and running 99 years. In February, 1897 miles; total December 31,1897,15-38 miles. In June, 1898, t ie rethe stockholders voted to lease the railroad and parks of the Utica ceiverswere authorized to discontinue portion of road.
88
STREET
RAILWAYS.
Earnings —Y ears ending Dee. 31 were as follows: In 1897, gross
?et, l 7 944: taxes*
’ ;
a ^ LTIMORE
?
A trolley road.
bal. for Interest on bonds,
189625$22 34696’ gr° 88' $46’230; n6t’ $1’886’ BUl8 payable Deo- 31 *
Passengers: 1,166,068 in 1897; 1,127,568 in 1896; 1,147,352in 1895
O fficers — President, Purchasing Agent and General Manager, H. A.’
Griswold ; Secretary and Treasurer. J. B. Pitcher.
B E L T R A I L W A Y C O M P A N Y —A horse road.
O r g anization —Foreclosure sale ordered.—V. 65, p. 1172. To form
part of the City & Sub. By., which see. Receivers’ certificates *2,500.
Stock, par $50................$500,000 I Road —Owns 15-4. m il«« nf
CapitolNo.O St. & S.Washw A U - u w n s 10 4 miles of track.
ington 1st M. 6s of 1888 50,000 a ™ t? NINQS~
„
1896.
......
$87,634
Consol.M.of 1891,5sJ-J. 440,000
Floating debt Deo. 31,1897, waa $^i,6S0.eXP
89’761
“ O’697
O fficers —Receiver, W. K. Schoepf.—V. 65, p. 1172.
BRIGHT WOOD RAILWAY-A tro
lley ro d
a .
CAPITAL TRACTION.—n underground trolley road
A
since April, 1898.
O rganization —I n the fall of 1895 absorbed the Washington &
Georgetown and Rook Creek companies. See V. 61, p. 283,328 588
Power house destroyed by fire Sept. 29,1897. V. 65, p. 620. *
M erest.
Outstanding.
Maturity.
SSI
Gross receipts........................ $908,837
9
$1,0368165
$1.0669l i 9
Net earnings........................
202,042
379,911
435 487
none
none
i ftnoii?
Interest charges....................
Balance for dividends...........
202,042
379% .!
274 571
Dividends paid.......................
209,958
419,873
194,577
OFFICERS President, G. T. Dunlop; Vice-President, C. C. GloverSecretary and Treasurer, 0. M. Koones; Chief Engineer and Superin
tendent, D. S. Carll. General oflioe, Central Power Station, Washing
ton, D. C. Transfer office, United States Mortgage & Trus t Co., New
York. Registry office, Union Trust Co., New York.—V 66, p. p. 38. '
CITY & SUBURBAN RAILWAY.O r ganizatio n , Et c .—Chartered in July, 1898, by Act of Congress
as successor of Eckington & Soldiers’ Home Railway. Purchased
Maryland & Washington franchise and also that of former Col &
Maryland from the District Line to L a u re l.-V . 66, p. 1000. See also
full statement in V. 67, p. 370.
Stock,C|lf75B
0°00DSr Par, $ 5 0 . . ^ - A
0
$?750 00<f MaturityIst Mort , $1,750,000, gold) i898 5g.F-A 1,500 000 A u i r i ' IQYq
($1,000 each).................. h n t. at B lit. Trust’ & dual*. Co f Trustee!
Bonds , Et c .—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, including change of motive power
to electricity.
Road —Owns and operates about 33-24 miles of track. To be ex
tended at once northwardly from district line through suburbs of
Washington, etc., to Berwyn, Md. Also projected from Berwyn to
Laurel. After completion and changes in motive power, the under
ground trolley will be in use in the city and the overhead trollev on
the suburban lines.
O fficers President, O. T. Crosby; Sec., Dana Stevens; Treas
Cooper.—V. 66, p. 1000; V. 67, p. 74. 370.
COLUMBIA RAILWAY— cable road.
A
O rganization —incorporated May 24,1871.
L C
O r ganizatio n .—Operates an electric road extending from Takoma
to Sligo, opened September, 1897, and by a traffic agreement with the
Brightwood Electrio runs oars into Washington, where transfers are
g ven to city lines. In May, 1898. extension was proposed to Sandy
Spring Md., 12 miles. First mortgage. $500,000, Guardian Security
Trust & Deposit Co., Baltimore, Trustee.—V. 66, p. 899.
ECKINGTON & SOLDIERS’ HOME R Y Merged or about to be merged in Aug., 1898, with City & Suburban
icy., which see. For year 1897, gross, $94,946.—V. 67, p. 74.
v*??°K^trolley road. & TENALLYTOWN r a i l ETOWN
yy A Y . —A
O r ganization —I ncorporated August 10,1888, See V. 63, p. 229.
O rganization —in o o te O t. 1 ,1 8 .
c rp ra d c
8 8 8
S t o c k * B onds — Miles track. Bale. Interest. Oulstand’g. Maturity
» D O C K ............. ............................................................... .. ............................ ... ....................
$108 500
u
1st M .
.............
12
1892 6 X - Ô
250,000 O ot.ï,'i9 Ï2
General mtges........
12
1893 6 M -N 100,000 Mav 11913
3d mtg., $100,000..............
1896 6 Dee.’97 none De<f 11907
F a g d b 3 ,1 9
lo tin eDeo. 1 8 ....... .. 6 p. 0. $ 4 8 eo- 1907
t
7
7 ,7 3
Interest at Central Trust Co. (trustee), New York City.
R o a d — Owns 11-58 miles track on 5 ^ miles of streets.
E arnings —Years end. Dec. 31— 1897.
1896.
1895
1894
Gross earnings........... ............. $51,080 $49,321 $51,137 $51,041
Operating expenses and taxes.,... 42,613 38,301
59,583
45 628
OFFICERS—President, H. S. Cummings; Secretary, Victor B. Deyber:
Treas, Gen. Man. and Puroh. Agent, C. P. Williams.—Y. 66, p. 133.
M
‘2 6 0
«
«
1 , 1898
.00.
* 12 0S S T JS . ' ? >l 'S .l
S,'e
8
These bonds are to be used as collateral to secure the necessary ad
vances 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—On present oapital of $12,000,000, in 1895, l ’p. 0.; in
1896, 3 ^ . 0 . ; in 1897, July, 60 cents per share; Oct. 1,65 cents; in 1898
July 1, 75 cents.
’
Road —U nderground trolley, double track, 17-98 miles.
E arnings —D ecrease for 1897 is attributed to the resumption of
horse power after the fire which destroyed the power house.
—
& WASHINGTON TRANSIT-
Stoik,C
pa*$50.NDS.7....
^
f r a a s s r .......... h s
InterC8t-
f i- f
% n ^ n a- Maturity-
70,000 ^71,1904
F l o X g gd Se7Deo73i7i897896
eb
Feb. 1,1904
American Security & Trust Co. of Washington, D. C., trusteeVboth
mo gages. Interest due Feb. 1,1898, on both mortgage is in defaultEar n ing s —Calendar year 1897, gross, $23,567; net, $3,882; inter
est, taxes and insurance, $ 10,125.
Road —Operates 8-8 miles of track on 4*2 miles of street.
O fficers —P resident, O. T. Crosby; Vice-President, J. H. Miller; Seo.
and Treas., W. S. Terry; Puroh. Agent, L. P. Hall.—V. 63, p. 229.
METROPOLITAN RR.—Underground electrio.
O rg anizatio n —I ncorporated July 1,1864.
Stock,Cg2^000NShares, ? ate’ M erest
,
Maturity.
par ($50).................. t *—
Q -«M
’$3 0 naid
\ See text
1st M., $1,850,000,gold < 1895 5 g F -A
1,850,000
Feb. 1,1925
subject to cau.c* ( Int. at Balt. Tr. & Guar. Co., Trustee, Bait!
Collateral trust bonds, (1892 6 J - J
482,000
July l 1901
Certs^*ofhS«hV‘ ‘ A * n
Banb Republic, Washington.
L 6ri8. 01 ina0Dt...A&B 1896 6 A -O
250.000
Oct 1 iQOft
Certs, of indebt.......... 1897
J & D
250,000
Juni 1 1907
,’
Fwst mortgage of 1895 was authorized by Congress for the sole pur
pose of changing the motive power from horses to electricity. It cov
ers all the company’s rights, privileges and franchises, together with
valuable real estate. This real estate has been appraised at $700,000
and is said to be worth over $1,000,000. A sinking fund from sale of
unused real estate may purchase bonds at not over 110 and interest.
The collateral trust bonds are convertible into stock at option of
holder at the ratio of one share of stock (par $50) for $100 of bonds;
they are secured by deposit of 5,000 shares of the company’s stock.
Stock The stockholders, besides being liable for the remaining $20
per share, are liable under the provisions of the charter for an amount
equal to their share holdings. In addition to the stock given above in
table as outstanding, 5,000 shares are held by trustees as security for
the collateral trust bonds.
D iv id e n d s — From 1868 to October, 1894, inclusive, regular divi
dends were paid, the rate in 1894 being 8 per cent per annum; then
none until September, 1896, 2*2 per cent; in 1897 paid $76,580.
Road In Deo., 1897; had 22 miles of track all operated by under
ground electric system; 171 motor cars and 128 trailers.
Earnings—For calendar year 1897, gross from passengers, $737,820;
other income, *19,852; operating expenses, $352,159; interest, $144,198; general tax, $20,863; legal expenses, $17,150; dividends
$76,580; balance, surplus from operations, $146,722. For years ending J une 30 (former fiscal year), gross earnings have been :
i » a * ' *’
1894. . . . $355,594
1892.... $438,748
1 8 95 ... 334,562
1893---- 420,261
1891___ 415,852
For year ending June 30, 1898, gross receipts said to have been
nearly $9,000,000 and 8,000,000 passengers carried.
O F F IC E R S — President, R. D. Weaver; Treasurer, Wm. J. Wilson;
Secretary, G. B. Coleman. Office, 14 East Oapital Street.—V. 63, p, 459.
WASHINGTON ALEXANDRIA & MOUNT
VERNON ELECTRIC R Y - See A lexandria , V a .
WASHINGTON ARLINGTON
CHURCH R Y . - A trolley road.
&
FALLS
Chartered 1896 as the successor of the Washington & Arlington»*
Ry. Stock, $100,000; bonds. $100,000 1st 6s, gold, int. J&J. Owns
Aqueduct Bridge, Washington, Fort Meyer and Arlington National
Cemetery, 2 miles; also to Fálls Church, Va., 6 miles; total 8 ^ miles
Pres., C. S. Hinchman; Vice-Pres., F. B. Hubbell; Sec., R. H. Phillips
Treas., Wm. C. Arrison.
WASHINGTON & GLEN ECHO R E
s t^ k ? | i^ o )oooj(|7o)
Dat*: Intz $ ORGANIZATION— Successor in August, 1896, to the Glen Echo RR.
1st M. ($500,000) our.
6
1.894 6 A -O
500000 OcRl 19T4 The company is incorporated under the laws of Maryland.
Not subject to call.. Int. at National Bank Republic, W a ffig t o m 4
ROAD— Owns 5 ^ miles of double (11 miles single) track* from Cabin
Dividends—1889 to February, 1895, 6 per cent year; in fiscal year
John Bridge to Chevy Chase Circle in District of Columbia.
1895 6 paid 5 p. o.; in 1896-7, 5 ^ p. o.; in calendar year 1897 6 p. o.
Date'
Int<rest.
>
Amount.
Maturity.
Mortgage trustee, American Security & Trust Co., Washington, D. c
Stock (par $ 5 0 )...............................
............
*25 0.0 00
a
Road —Owns 5-6 miles of road and 8-4 miles of track. The motive 1st mortgage, gold......o*
1896
6 g .J -D
200,000 June'1,1916
power in 1895 was changed from horse to cable. In June, 1898
Interest at Washington L. & T. Co. (D. C.), trustee, also at Stahl &
change of motive power to electricity was said to be proposed; also Straub, Philadelphia.—V. 63, p. 716.
an extension along the Benning road to the District boundary.
O fficers —P resident, Gustav Stahl, Philadelphia; Seo, and Treas.
Earnings —F or calendar year 1897 gross, $159,548; net, $80 744- W. Staelin Stahl.
interest and taxes, $36,727; dividends, $24,000; balance, surplus for
year, $20,017. Fiscal year ends Feb. 29. Earnings have been:
WASHINGTON & GREAT FALLS ELEC
Fiscal Years. Gross*
Net.
Int. d taxe$ T) / fipm ri < x>~ 7
b
?
TRIC RY.— tro
A
lley ro d
a .
1896-7........... $149,270
$60,962
$35 567
$22 000
kw k
O r g anization —I n operation from Georgetown to Cabin John Bridge
1895-6............ 134,030 56,535
35,260
20,000
$$88
—7 miles—Total trackage, 11 miles.
O F F IC E R S — President, Nathaniel Wilson; Vice-President, E. G. DavisCapital stock Dec. 31, 1897, $86,800; 1st mortgage 6s, $382,000
Secretary and Treasurer, Theodore J. King.—V. 62, p. 84.
bills payable, $10,488. In year ending Dec. 31, 1897, gross from
STREET
passengers, $37,467; net, $16,672; passengers carried, 911,385;
1896, gross from passengers, $25,271; net, $9,690; passengers car
ried, 601,472. President, Jacob P. Clark; Vice-President, Stilson
Hutchins; Secretary and treasurer, William J. Dante.
W ATERBURY,
P
o p u l a t io n
1890
and
CONN.
28,646; i n 1880
1870 w a s 10.826.
w as
in
17,806;
w as
WATERBURY TRACTION.— trolley ro d
A
a .
ORGANIZATION— Organized in 1893, a consolidation of the Connecti
cut Electric Co. and the Waterbury Horse RR. Co. Franchise perpetual.
STOCK & Bonds —
Date. Interest. Outstand’g.
Maturity.
Apr.1,’98,1%
Stock, $1,000,000 ($100)........... Text. Q-.T $600,000
1st mort., $800,000, gold (1893 5 g. M - N
600.000 Nov. 1,1923
Tax exempt in Connocti’t -< Sub. to call at 104 and int. aft. Nov. 1,1898
($100 etc)................... ¿Trustee, Treasurer State of Connecticut.
Bills payable (Sep.,30,’9 7 ) ........................
20,000
...............
Bond«—The mortgage has a first lien on all property and franchises of
the company, including electric-light plant. The $200,000 of bonds
anissued may be used for future extensions.
Dividends—In 1896, July, 1 p. o.; Oct., 1 p. c. In 1897, Jan., 1 p. c.
April, 1 p. c ; July, 1 p. c.; in 1898, April, 1 p. o.
Ro a d , Et c .—I n October, 1897, was operating 9% miles of road with
14 miles of track extending through the city of Waterbury to Union
City, the borough of Naugatuck, etc. Rails are 60 and 70-lbs.
EARNINGS—10 months
Oross.
Net.
Sur.over Ohgs.
Ont 1 tn Tnlv<n ¿1897-8...... $224,526
$94,460
$63,212
vet. i t o JULydi. } 1896_7
206,501
90,910
53,908
A n n u a l R e p o r t — For years ending Sept 30:
----------- Or088.-----------.
<
------------ Net.------------.
<
1897.
1896.
1897.
1896.
Railway.................. $145,114
$137,274
$58,964
$64,995
Electrio lights........ 106,179
105,661
50,447
50,708
$251,293
$242,935
interest and taxes.......... ...................
Dividends...............
Balanoe, surplus....................................
$109,411
37,285
24,000
$115,703
59,094
6,000
$48,126
$50,609
OFFICERS—President, D. 8. Plume; Secretary, A. M. Y oung; Treas
urer, J. R. Smith; General Manager, J. E. Sewell.
W ATERTOW N,
N.
Y.
18 9 0 w a s 14,725; i n 1880 w a s 10,697;
IN 18 7 0 W AS 9,336.
BLACK RIVER TRACTION C O .-T r o U e y .
O r g a n iz a t io n —Successor in December, 1897. to the Watertown &
Brownville St. Ry. sold in foreclosure. Capital stock, $65,000.
OFFICERS—President, Julius A. Lebkuecher, Newark, N. J.; Sec’y,
Geo. H. Walker; Treas., B. B. Taggart, of Watertown.
P
o p u l a t io n
in
W A T E R V I L L E , ME.
P o p u la t io n 1890 w a s 7,107; in 1880 w a s 4,672;
a n d in 1870 w a s 4.852.
WATERVILLE & FAIRFIELD RAILWAY &
LIGHT.— n elec
A
tric ro d
a .
ORGANIZATION—In December, 1897, the stockholders agreed to give
the bondholders the right for five years, or until the company shall be
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 5s.
STOCK & B onds —
Date. Interest. Outstand'g. Last div., etc.
Stock (par $100) ($200,000) ....... ............ $200,000
(?
W.&F.Ry.&L.prior lien bds.)
subject to call, $40,000, > 1897 5 M -N
40,000 May 1, 1937
(See text)....................... )
W. & F. Ry. & L. con. M. j 1897 5 M -N
200,000 May 1,1937
$200,000. (See text)......s
American L. & T., Boston, trustee.
Bonds—The consol, mortgage is for $240,000 and secures also the then
prior lien bon Is. The consols have been issued to retire old bonds and
the prior liens were to be issued for improvements, &c.—V. 65, p. 1027ROAD—Operates 4‘43 miles of track between Fairfield and Waterville, and furnishes light and power for miscellaneous purposes.
E arnings —For years ending June 30 as follows:
Gross Railway Railw'y Oross Lt. tfet LI.
Total Net inc.
of Ry. op. exp.
net.
<£Power. <6Power,
inc. after int.
1897...$19,121 $16,‘ 38 $2,823
¿
(?)
(?)
(?)
(?)
1896... 20,934
11,855
9,079
(?)
(?)
(?)
(?)
1895.. . 29,234 11,294
7,940
22,207
$6,942 . . . . . . . . $4,989
OFFICERS—General Manager, John A. Hamblin.—V. 65, p. 1027.
W A Y E R L E Y , N. Y .
P
o p u l a t io n
1890
w as
2,270.
WAVERLEY SAYRE & ATHENS TRAC
TION C O . —A trolley road.
ORGANIZATION— Incorporated in 1893; stock, $200,000; 1st mort
gage, $200,000, 6s, J&J, due Jan. 1,1925; $150,000 issued June 30»
1897. Owns 6 miles of track. Year 1896-97, gross, $11,866; operating
expenses and taxes, $6,944; net, $4,922; interest, $2,250; bal., $2,672.
O FFIC ER S — President, A. N. Broadhead; Secretary, A. C. WadeJ
Treasurer, F. K. Harris.
W E B B C IT Y , M O.
P
o p u l a t io n
1890
w as
5,043;
in
1880
w as
1,588.
SOUT HWE S T M I S S O U R I ELECTRIC
RAILWAY.— tro
A
lley ro d
a .
89
RAILWAYS,
STOCK & B onds —
Date. Interest. Outstand'g.
Maturity.
Stock, $650,000, auth....................... .........
$650,000 ...... ............
Mortgages—
Joplin to W ebb City, C a r-) 1893 6g. M-S $200,000 Mar. 1, 1913
terville and Prosperity, > Subject 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
Joplin &Galena Elec. RR. ! Subject to call after July 1,1903. Trustees,
Joplin to Galena, gold, j Central Trust Co., N. Y., and Mississippi
i Valley Trust Co., St. Louis.
Cflrtflrvlllfi to Oarthacfi . ^ S 1896 t 6g.o J-J a f t e r$180,0001 9 July 1, 1926
Carterville to Carthage 5 u b j e o t o a l l
July
0 3 .
Road —Operates 29 85 miles of track connecting Joplin, W ebb City»
Carterville, Carthage, Prosperity and Galena, Mo.; 2d track, *75 miles,
sidings, etc., 1*05 m.; total track, 3165 m.
EARNINGS - For year ending August 31,1897 : Gross receipts, $118,179; net after deductidg taxes, $53,376; interest on bonds, $27,869;
betterments, $19,898; balance, surplus, $5,609.
OFFICERS—President, W. W. Calhoon; Secretary, C. F. McElroy;
Treasurer, D. R. Goucher —V. 62, p. 1140; V. 63, p. 407.
W E S T S U P E R IO R , W IS .
P
o p u l a t io n
op
Su
p e r io r
1890
w as
11,983.
SUPERIOR RAPID TRANSIT R Y - A tro
lley ro d
a .
ORGANIZATION— Chartered under Laws of Wisconsin Aug. 1,1892,
succeeding to the franchise of the Douglas County Street, chartered
in 1889. “ A perpetual right of way over all streets in the heart of the
city is held and owned by the company in fee simple.
RECEIV ERSH IP— On Jan. 28,1896, 8. T. Norvel and F. W. Oakley were
appointed receivers.—V. 62, p. 234, 279.
STOCK & B onds — Miles. Date. Intrrest. Outstand'g. Maturity.
Stock.............................................................$1,000,000
1st M., $650,000. g., J 24
1892 6g. F - A
$250,000 A u g.l, 1912
$1,000 s.f., Ser.A.c* ( Subject to call at 102 and interest A u g .l, 1902
2d mortgage..................................................
(?)
.................
Interest on second mortgage went to default. See V. 62, p. 279.
Mortgage—Under the mortgage, Series B and C ($200,000 each) are
co-equally secured with Series A. Sinking fund ranges from $5,000
Deo. 31,1893, to $20,416 Aug. 1,1912, inclusive, which amounts are
to be annually turned over to the trustee.
EARNINGS—For calendar year gross earnings were $92,370.
Road—Operates 26 miles of track.
O F FIC E R S —President and General Manager, S. T. Norvell; Secretary
and Treasurer, G. Chadwick.—V. 62, p. 234, 279.
W E S T E R L Y , R. I.
18 9 0 w a s 6,813; i n 18 8 0 w a s 6,104
i n 187 0 w a s 4,709.
P A W C A T U C K V A L L E Y S T . R Y . - A trolley road.
O RGANIZATION— Incorporated in 1893. Population of “Village” of
Westerly (in Connecticut and Rhode Island) reported in 18 9 5 by
officials as being 11,000, and constantly increasing.
STOCK & B onds —
Date. Interest. Outstand'g. Maturity.
Stock, $75,000, $ 1 0 0 par...............................
$75 ,00 0
...............
1at M 4(100 000 cold n 5 1894
5 M -N
100,000
1914
1st M., $100,000, go la .. o ^ int. in Boston at Am. L. & Tr. (mort. tr’stee).
R oad —Operates 6 miles of track laid with 50-lb. T rails in Westerly,
R. I., and suburbs, extending to Watch Hill.
EARNINGS— Year 1897, gross, $16,730; net, $7,284 ; interest, $5,447
O FFICERS— President, William Hoxsey; Sec. and Treas., S. H. Cross;
Gen Man., E. P, Shaw, .Tr., 53 State St., Boston.
P
o p u l a t io n
o p
to w n
and
W H E E L IN G , W . V A .
P
o p u l a t io n
in
1890
and
in
34,522; i n 1880
1870 w a s 19,280.
w as
w as
30,737;
WHEELING RAILWAY-A tro
lley ro d
a .
ORGANIZATION— Reorganized in 1892. Franchise is perpetual, but
does not give exclusive lights to operate street railway in the city
Company owns nineteen-twentieths of the capital stock of the Citizens’
Street Railway Company, and leases same for 99 years. The total pop
ulation served, including Wheeling, Bridgeport, Martin’s Ferry, Bellaire and Benwood, is said to be about 75,000.
STOCK & BONDS— Par. Date.
Interest. Outstand'g. Last div.dec*
Stock, par $100, f.p ...................... See below. $700,000 I n ’97, 4 ^%
1stM .............. j . . . .
$500 1891
J -J
17,000 July 1,1911
1st mge., $500,000,) 1,000 1892 6 g. M - S
482,000
1912
gold, $1,000___ o* 5 Interest at Central Trust Co., trustee, N. Y. City.
Dividends.—In 1894 1 per cent; in 1895, 2 p. o.; in 1896, 4*2 p. o.J
in 1897, 41 p. o.
a
ROAD.— Operates 17 miles of track in Wheeling and suburbs, its lines
extending to Bridgeport, Benwood and Martin’s Ferry. In June, 1898.
additional franchises to the fair grounds were being sought.
E a r n i n g s — Jan. 1 to March 31 (3 months), gross, $ 39 ,27 6 in 1 89 8
$36,532 in 1897. For year ending Deo. 3 1 ,1 8 9 7 , gross, $170,318; net,
$76,732; interest and taxes, $32,508; dividends, $31,500; balance,
surplus for year, $12,724. In 1896, gross, $167,992; net, $79,716.
O FFIC ER S .— President, T . H . Couderman; Sec. and Treas., W . A .
Shirley. INDEX— V. 62, p. 279.
MOUNDSVILLE BENWOOD & WHEEL
ING RY.— tro
A
lley ro d
a .
O r g a n iz a t io n —Opened in Deo., 1896, from Moundsville to Ben
wood, 9 miles of track, connecting at Benwood with Wheeling Ry.
Stock, $250,000. First mortgage 6s, J-J, due 1915, $150,0' O. Re
ceiver is Howard Hazlett.
O r g anization , Et c .—a consolidation on August 21, 1896, of the
WHEELING & ELM GROVE RR.— tro
A
lley ro d
a .
South M. Elec. RR., Jasper County Electric and Joplin & Galena Elec
O r g a n iz a t io n —Owns from Wheeling to Elm Grove, 8 miles. Stock»
tric Ry. In 1898 the company reported population of places along its about $250,000 (part preferred). In January, 1898, issued mortgage
route as follows: Carthage, 10,000; Joplin, 17,000; Webb City, 6,000; for $225,000 of 5 p. c. bonds, redeemable in 10 to 30 years; proceeds
Carterville, 3,500; Prosperity, 1,500; Galena, Kan., proper, 5,000; for double track and extensions. In May, 1898, Wheeling Ry. was
Spring Grove, 1,000; Lowell township, 4,000; Empire, 3,600; total, temporarily furnishing power, Company’s own power house being
51,600.
under construction. President, A. Reymann.—V. 66, p. 185.
90
STREET
W IC H IT A , K A N .
P
o p u l a t io n
1890
w as
23.853;
in
1880
w as
4,911.
WICHITA RAILWAY LIGHT & POWER—A troUey road and lighting plant.
ORGAN ZATION—Chartered July 3, 1897, and purchased the prop
erty of Wichita Electric Ry. & L. Co. Has contract for city lighting.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
Stock $500,000, par $100
___
___
*500,000
................
1st M., $500,000 ($1,000) 1897 5 g. M -N Nov.’97,none Nov. 1 ,’17
S°ld ................. s. f. o.* J Int. at Mass. L. & T. Co., Boston, trustee.
Road —Owns 20 miles of trolley track in Wichita, Kansas.
OFFICERS—President, H. B. Church, Boston, Mass.; Vioe-Pres. and
Gen. Man., W. Q. Church; Sec. & Treas.. A. C. Jobes.
RAILW AYS
EARNINGS— Year ending June 30,1897, gross (both roads), $25,217;
net, $6,733; int. and taxes, $8,548. In 1895-6, gross, $27,104.
WILLIAMSPORT PASSENGER RY.-Trolley.
S tock & B onds — June 30, ’96.
E arnings —Y ears end. June 30,
Stock ($600,000)............$338,550
1896--.
1895-6.
6s, due May 1,1 9 11 ...... 11,500 Gross...........$68,146
$76,902
6s, due June 1,1922...... 151,500 Net.............. 13,444
17,115
Bills payable.................. 12,897 Taxes..............
1,633
1,970
Dividends Jan., 1893, 2 p. 0.; Interest....... 9,997
7,140
1893-94, 6 p. c.; none since.
Balance, surplus.
1,814
8,005
ROAD O w n e d — 7 % miles; 90-lb. rails.
OFFICERS—President, H. C. Parsons; Secretary and Treasurer, J. F.
Starr; General Manager, E. H. Davis. Williamsport. Pa.
W I L M I N G T O N , DEL.
W IL K E S B A R R E , PA .
P o p u la t io n 1890 w a s 37,718; in 1880 w a s 23,339;
a n d i n 1870 w a s 10.174.
WILKESBARRE & WYOMING VALLEY
TRACTION.- An electric road.
ORGANIZATION —Controls all the street railway lines in the Wyoming
Valley, Pa., extending from Wilkesbarre to Duryea and Nanticoke on
east side of Susquehanna River and Pittston, Plymouth, on west side.
STOCK & B onds Date. Interest. Outstand'g.
Maturity.
Stock (par $100)......................
Text.
$5,000,000 Jan. 22,’98,1%
1st M $ 1 500 000 gold. $Interest5g. Provlden’ L1J & Tru^ t ph’Ua
>
1,500,000 Apr. 1, 1921
ISt M. $1,500,000, ffold I 1891 at A - 0
t
.e
Collat. Tr. & Mortgage ( 1895 5g. J - J
$325,000
Jan. 1,1925
$325,000, go ld .......... ( Int. at Anthracite Sav. Bk., tr., Wilkesbarre.
Underlying Bonds on Roads Purchased—
Coalville Pass. Ry. bds...........................
12,000
........................
Wilkesb. & Surb. bonds...........
5 p. c.
40.000
..................
Wilkesb. & W. Side bds...........
35.000
..................
Guaranteed bonds—
______ ______
Pittston St. Car 1st M .) 1893 6g. J - D
$200,000
Dec. 1,1918
p.&i. uncondit’y guar. < Int. at Real Estate L. & Tr. Co., Philadelphia.
PlymouthBr. Co.lstgoldJ 1894 5 g .A -0
$150,000
Oct. 1,1924
M.$150,000, guar.p.&i. <Int. at Anthracite Sav. Bk., trustee, Wilkesb.
$10,000 suW. to call in 1904 and $3,000 yearly thereafter.
6 F -A
90,000
...... .
Wilkesbarre & Kingston .......
Wilkesb’re & E. Side Ry...........................
150,000
See below!"
DIVIDENDS—In 1896, Jan., 1 per cent; July, 1 percent.; in 1897
Jan., 1 p. c.; in 1898, Jan., 1 p. c.
Road —Comprises 63-60 miles of track, fully described in the
C h r o nicle of Feb. 22,1896, page 361.
C om panies C o n t r o l le d in S yst e m —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.------- ,
Name of Company.
Miles. Issued.
Owned. Debt. Rental.
Coalville Passenger Railway 5-67 $62,400 $33,700 $12,000 6p.c.
Nanticoke 8treef Railway.. 9 68
12,000
12,000
None.
$1
Pittst. Moositi & P. .V. St. Ry. 1-95
42,000
42,000
None.
si
Pittston Street Car.............. 8-82 200,000 200,000 200,000
Plymouth Street Railway... 6-00
12,000
12,000
None.
W. Pittston&Wyo. St. Car.. 2-25
30,000
30,000
None.
Wilkesbarre & East Side*!... 5-00 150,000 150,000 150,000
Wilkesb. & Kingst Pass. Ry. 6 60 100,000
99,700 90,0)0 6p.o.
Wilkesb. & Suburb. St. Ry .. 10-00 100,000
93,500 40,000 6p.c.
W ilk esbarre* West Side....
9-63 100,000
92,450 35,000 6p.c.
T Entire stock and bonds deposited under collateral trust of 1895.
l
L a t e st Earnings —1 mos.,) 1898...Gross, $279,278; net, $153,783
7
Jan. 1 to July 31.
5 1897.. Gross, 272,195; net, 146,592
A n n u a l R eport —Official statement for 1897 was in V. 66, p. 285.
Tearend.Dec.31. 1897
1896.
Tearend.Dec.31.1897.
1896.
Gross earns. ..$491,289 $507,861 Taxes, etc........ $50,276 $43,380
275,674
N et............... 272,404
Int.onbds.,etc. 124,829
112,960 Surp. for year.. $97,302 $119,334
B A L A N C E S H E E T J A N U A R Y 1, 1898.
Assets.
Liabilities.
Property&franch’s,con
Capital stock....... { ...... $5,000,000
struction and equip t.S 5,671,942 First mortgage bonds.. 1,500,000
Personal property acct.
219,325 Collateral trust mort
Cash
37,491
gage bonds................
325,000
Bills receivable...........
393 Bills payable..............
65,000
Sf. Pittston St. Car Co..
18,000 Open accounts, etc......
37,379
Supplies on hand.........
8,535 Profit and loss, surplus.
120,848
Open accounts............
92,541
Total......................$7,048,227
Total............ ......... $7,048,227
OFFICERS—President, B. F. Myers; Secretary, W. G. Eno; Treasurer
and General Manager, John Graham.—V. 65, p. 152; V. 66, p. 28 5.
WILKESBARRE & NORTHERN R R ORGANIZATION—Under construction in 1897, from Luzerne, Pa.
there to connect with Wilkesbarre & Wyoming Valley Traction, to
Harvey’s Lake, Pa., 12 miles. Reorganization pending in June, 1898.
The original issue o f $200,000 bonds, used to partly construct road,
will receive an equal amount of new stock, and a new first mortgage
will be created to complete and equip it electrically. V. 66, p. 1190.
President, (March, 1898), John Graham.
W IL L I A M S P O R T , P A .
P
o p u l a t io n
1890
27,132; i n 1880
1870 w a s 16,030.
w as
AND ’ in
VALLAMONT TRACTION—
w as
18,934;
P
o p u l a t io n
1890
61,431; i n 1880
1870 w a s 30,841.
w as
a n d in
w as
42,478
WILMINGTON CITY RAILWAY— trolley roadA
ORGANIZATION—Franchise gives exclusive rights to operate street
railw ay in city.
Control of Wilmington City (85 per cent of the stook) and Chester
Traction acquired in same interest in February, 1898—see below.—
V. 66, p. 575.
STOCK & B onds —
Date. Interest. Outstanding. Last div., etc.
Stock (par, $10) f. p ................
J - J 51,764 shares. Jan., ’98, 2 ^
1st M., $600,000, gold,) 1891 5 g. M-S
$600,000
Sept. 1,1911
$500 each........... .. .c 5
Subject to call on or after Sept. 1,1901
Interest is payable at the Equitable Trust Co., Wilmington, Del.
Dividends—The following per cents are on the amount paid in ($8)
per share: In 1892, 5 per cent; 1893, 5 per cent; 1894, 5 per cent;
in 1895, 5 p. c-; in 1896,5 p. c.; in 1897, 5 p. c.; in 1898, Jan., 2*fl p. 0.
Road —Operates 25 miles of trolley track in city of Wilmington and
suburbs, one of its lines extending to Shellpot Creek, on Philadelpftia
Turnpike. Rails 58 and 91 lb. T and girder.—V. 66, p. 575.
O fficers —P resident, C. M. Clark; Vice-President, E W. Clark, Jr.!
Secretary and Treasurer, Thos. S. Bellah.
W I L M I N G T O N & CHESTER TRACTION
COMPANY-A tro
lley ro d
a .
ORGANIZATION.— Incorporated March, 1898. Controls all the street
railway lines of Wilmington, Del., and Chester, Pa. (see each city),
comprising with leased lines about 57 miles of track, and with the
connecting link, between Wilmington and Chester, to be built, will
have 66 miles of track. It controls the line from Chester to Media,
also the line to Darby, where connection is made with the Union
Traction Company’s line to Philadelphia.
STOCK & B onds —
Date. Interest. Outstand'g.
Maturity.
Stock, $2.000,000 ........
............................ .
u
Coll, tr., gold, $4,000,000 ) 1898 5g. A -O $1,567,000 Apr. 1, i 918
($500an d$1,000ea.).c* 5 Provident Life & Trust Co., Pnila., trustee.
B onds —Of the collateral trust 5s of 1898, $1,567,000 represents
purchase of 85 per cent of total stook of Wilmington City Ry., entire
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 reserved to retire underlying securities and guaranteed
stock, $500,000 for'future extensions, etc., and $238,000 remain in
company’s treasury.
O f f ic e r s — President, C. M. Clark; Vice-President, E. T. Moore;
Secretary and Treasurer, E. Ford Stevens.
WILMINGTON & NEWCASTLE ELECTRIC
R Y . —A trolley road.
STOCK & B onds —
Date
Interest. Outstand'g. Maturity.
Stock...........................................................
$150,000
.............
IstM ., $150,000, gold. $2,-( 1896
5 g.F -A
150,000 Aug.1,1926
000 an., $500&$l,000.o* \ Interest at Real Estate Trust Co., PMla.
Road is about 8 miles long.
W IL M IN G T O N , N. C.
P
o p u l a t io n
1890
an d
20,056 ; i n 1880
1870 w a s 13,446.
w as
in
w as
17,350 ;
WILMINGTON STREET R Y - - T r o l le y |and steam road
O r g a n iz a t io n —Chartered Feb. 1 0 ,1887. Franchise runs till 1937»
and gives exclusive rights to operate street railways in the city.
STOCK & B onds —
Par. Dale. Interest. Outstanding. Maturity
Common stock.......... $100
$100,000 f. p...............
lstp ref. 6 p. c. cum..
100 .............
40,000 f. p ................
2dpref. 6 p. c. cum...
100 .....................
60,000 f. p................
Mort, gold $150,000.o £- J V
6 g A -0
150,000 Apr. 1,1920
0
’
3 Trustee, State Trust Co., New York City.
R o ad —Owns 4-78 miles of trolley road and H 2 miles of steam road.
R EPO RT-Year 1897, gross, $42,769; net, $14,073; in 1896, net»
$12,495.
OFFICERS—President, H. A. Whiting; Sec. and Treas., J. W. Martenis-
W I N S T O N , N. C.
P
o p u l a t io n
1890
an d
8,018; i n 1880
1870 w a s 443.
w as
in
w as
2,854;
WINSTON-SALEM RAILWAY & ELECTRIC
O rg anizatio n —This company was formed May 15,1894, under an —A trolley road. Combined population of Winston and Salem in 1897
agreement for consolidating the Vallamont Passenger Railway Com stated at about 15,000.
O r ganizatio n , E t c .—I ncorporated in 1891 for 90 years.
pany, the Junction Passenger Railway Company, the Centre & West
STOCK & B onds
Date. Interest. Outstanding. Maturity.
End Passenger Railway Company and the Citizens’ Passenger Railway
Stock ($300,000) ($100).................................... $150,000
Company. Operates the South Side Passenger Ry. Co.; stock, $25,000
1st M. ($250,000) gold ($1,000) l T1®9I ® g.
. 125,000
1921
| S tock & B onds — June 30,’9 7 .1 Road —
Miles
’
0
’
7S Int. at State Trust Co., trus., N. Y. City.
Stock (Val. Trac.)............ $101,700 |Owns (65 lb. rails)......
3.«
ROAD— Owns 7 miles of road, and also operates 100 arc and 2,500 in
Current liabilities............ 20,473 Leases 8. S. P. Ry
va
candescent lights.
South Side bonds, 6s........ 25,000 | O F F IC E R S —President, j ! * H e n r v
Bonds (30-year 6s).......... 100,000
1Cochran; See. and Gen.Manager fficers —President, J. H. MoClement ; Vice-President, F. J. Sprague
O
I Ernest H. Davis.
secretary and Treasurer, R. G. Day. Office, 44 Broad St., N. Y. City.
STREET
91
RAILWAYS.
W O O N S O C K E T , R. U
P o pulatio n 1890
w as 20,830; in 1880 was 16,050^
and in 1870 w as 11,527.
WOONSOCKET STREET RAILWAY—
O r g a n iz a t io n — Incorporated June 4,1886. Stock, $140,000; bonds.
$200,000; unfunded debt June 30,1897, $110,075; 12*79 miles of track;
EARNINGS—For year ending June 30,1897, gross,'$51,305; net, $8,546;
interest, etc., $17,421; bal., deficit, for year, $8,875.
In 1895-6,
gross, $42,158; net, $5,370. Total passengers carried during 1896-97
was 1,026,283; in 1895-96 was 843,154; in 1894-95 was 631,459; in
1893-94, 605,409.
OFFICERS— President, Edgar K. Bay; Secretary, Willard Kent; Treas
urer, Walter Whittlesey, Chelsea. Mass.
W O R C E S T E R , M ASS.
P o pulatio n 1890
w as 84,655; in i880 w as 58,291;
and in 1870 w as 41.106.
WORCESTER & BLACKSTONE VALLEY
STREET R Y - A tro
lley ro d
a .
O r g a n iz a t io n — Owns 5*3 miles of trolley. Opered Aug. 14,1897.
Road located in Millbury, Sutton and Grafton Capital stock, $60,000;
bonds, none. In February, 1898, Worcester & Suburban Street Ry.
agreed to operate the line, operating expenses to be borne equally b y
both companies.
For years ending Sept. 30:
Gross, 1896.................... $491,375
1895.................... 420,498
1894................... 355,000
Gross, 1893....................
1892................... 342,450
1891.................... 275,129
GENERAL BALANCE SHEET SEPTEMBER 30, 1897.
Liabilities.
Stock
. . . . . . . . . . . $700,000
Construction.......$1,089,772
Funded d e b t..............
6<
5 ?’999
Equipment.........
240,950
Real estate mtges.......
-„£>«22
Other property...
205,304
- ^ 3>£52
Cash and curr’t assets..
48,403 Unfunded debt...........
Profit and loss, surplus.
101,490
$1,584,429
$1,584,429
O F F IC E R S —President, Francis H. Dewey; Vice-President, A. George
Bullock; Secretary and Treasurer, A. H. Stone; Superintendent and
Purchasing Agent, J. N. Akarman.—V. 65, p. 1022.
(2)
NORTH E N D STREET RY.—A trolley road.
LEA SE— l u 1895 leased to Worcester Consol. Street Ry. for 99 years.
Rental now $8,000 yearly. V. 61, p. 518.
ROAD E t c .— Owns 5*13 miles of track. Capital stock, $110,000 (par
$100). *First mortgage, $75,000,1895, due Feb. 1,1915; int. at 5 p. c.t
F. & A. Dividends—In 1895-6 paid 2*65 p. o.; in 1896-97, 3*2 p. o.
EARNINGS—For year ending Sept. 30,1897, rental, $7,750; interest,
etc., $3,792; dividends (3*2 p. c.), $3,850; bal., deficit for year, $108.
Y O N K E R S , N. Y .
P o pulatio n 1890
w as 32,033; in 1880 was 18,892;
and in 1870 w as 18,357.
YONKERS R A I L R O A D . —A trolley road.
ORGANIZATION— A consolidation in March, 1896. Extensions to
Hastings, Dobbs Ferry, Irvington and Tarrytown are proposed.
Securities, earnings, etc., of the old Yonkers RR. were as follows;
STOCK & B onds —
Date.
Interest. Outstand’g. Maturity.
$600,000
---v-vA V J
Stock, $1,000,000 ($100). ........................
New 1st mtge. $1,000,000 1896
5 A -0
600.000 Apr. 1,1946
Float.deot(net) June 30,’97
—
25,369
..........
Road —O wns 10 miles of track, main line; second track, *2 mile;
sidings, *2 m ile; total, 11 miles.
A n n u a l R eport —Fiscal year ends June 30.
1896.
1896. I
J M 7 WORCESTER & SUBURBAN STREET RY.- Yr. end. June30. 1897.
Reorg.
Gross earnings.$104,671 $90,069 |Interest..........$3?*992
A trolley road.
2,650
O r g a n iz a t io n — Chartered in 1894 and absorbed the Worcester Lei Other income...............
1,712 |Balance......... df.10,322
... ...
cester & Spencer and the Worcester & Millbury companies.
OFFICERS- President, A. L. Johnson; Secretary, J. F. VanNam ee.
STOCK, Bonds , Et c . Date. Interest. Outstand'g. Maturity, etc. Treasurer, J. M. E dw ards—V. 62, p. 462, 644; V. 63,p. 558; V. 65,
Stock, $550,000 <$100)................................ $542,500 June 10,’98,2
1st M., $200,OOO.g. ($500) c* ) 1895 5 g. M -N
186,500 May 1,1915 p. 515.
red. at 104 aft. May 1,1900 j Int. at International Trust, Boston.
Current liabilities Oct. 1,1897, $79,200.
P o pulatio n 1890 w as 20,793; in 1880 w as 13,940;
Dividends—In 1894, 5 per cent; in 1895, 3 ^ p. o.; in 1896, 4 p. c.; in
and IN 1870 w as 11,003.
1897, 4*2 p. c.; in 1898, June, 2 p. c.
YORK S T R E E T R A I L W A Y - A trolley road.
R o a d — Owns Worcester to Millbury, 8 miles track; Worcester via
«t-i-nr* Eto —
Date. Interest. Outstanding. LastDiv.,etc.
Leicester to 8pencer, 15 miles track; operates Worcester & Blackstone
Stock$200,000 ($50). ................. .
$165,800f.p.
(See text.)
Valley Street Ry., 5*3 miles.
1st mortgage............. 1896
5
1926
Earnings —F or year ending Sept. 30, 1897, gross, $144,758; net, Loans June 30,1897............
.......
14,000
.......... .
$45,032; int., taxes, etc., $26,082; bal., surplus for year, $18,950. In
Dividends.—Fiscal year 1895-96 about 4 p. c.; 1896-97. 3 p. o.
1895-6, gross, $144,635; net, $52,063; int., taxes, dividends, etc.
ROAD— Operates 11*4 miles of track, laid with 45 and 70 lb. rails.
EARNINGS— For years ending June 30:
$47,109; bal., surplus, $4,954.
1897.
1896.
O F F IC E R S —President and Gen. Man., Edwin L . Watson; Secretary
1897.
1896.
$6,043
Gross................. $51,268 $56,273 Interest & taxes. $9,482
and Treasurer T. T. Robinson.—V. 60, p. 481.
4,994
6,658.
Dividends........
1,130
1,350
Other income___
3,365
Net..................... 9,581 15,066 Bal., def., for yr. 4,895
W O R C E S T E R T R A C T I O N —A trolley road.
OFFICERS— President, W. H. Lanius; Vice-President, D. K. TrimORGANIZATION—Organized in 1893 and purchased the entire capital
ner; Secretary, G. S. Schmidt; Treasurer, Chas. H. Mayer.
stock of the Consolidated Street By Co. of Worcester, consisting of 31*2
miles of track laid with 85-pound steel. Company receive» a consider
able amount forfumishing power to Worcester Consolidated.
P opulation 1890 w as 33,220; in 1880 was 15,435;
S tock a n d B onds —
Par. Interest.
Outstanding.
Maturity.
Common sto ck ...................................
$3,000,000
None paid
AND in 1870 w as 8.075.
Preferred stock cumu-)
6 F -A
2,000,000 Feb. 1, 98,3%
MAHONING VALLEY RY.-A trolley road.
lative....... ...............) Red. at 105 and accrueddiv. on 3 mos. notice.
ORGANIZATION— Organized as Youngstown Street RR. Deo. 10,1873
Debentures of Ry. Co. guaranteed—see Worcester Consol. St. Ry.
D ividends on P referred —in 1893,3 p. c.; in 1894, in Aug. 3 p. c.; and consolidated with the Mahoning Valley Ry. December 1,1896.
STOCK & B onds —
Date.
Interest. Outstand'g.
Maturity.
in 1895, 6 p. o.; in 1896, Feb., 3 p. c.; Aug., 6 p. c. (3 p. c. on account
Stock.................................. --.......
$1,500,000
.............
of deferred payments.); in 1897, 6 p. o. ; in 1898, Feb., 3 p. o.
Youngstown Street Ry. ( 1891 6g. M -N
300,000
May 1,1911
OFFICERS—President, T. C. Barr;- Vice-President, C. H. Clark, Jr.;
1st mortg’e, $300,000, <
Subject to call at par after May 1,1901
gold..................o*&r ( Interest at Central Tr. Co., trustee, N. Y. City.
Treasurer, E. J. Moore.
5 J-J
600,000
July 1,1915
D ir e c t o r s — Thos. C. Barr, New ark; C. H . Clark, Jr., Philadelphia; Mah.Val. Eiec. mortg’e,t5 1895 Central Trust, New York.
$1,200,000 gold....... Trustee,
C. B. Pratt, Worcester; F. H. Dewey, Worcester; Stephen Salisbury,
The mortgage of 1897 provides for refunding and for improvements
Worcester; C. M. Wicker, New Y o rk ; A. G. Bullock, Worcester.
and extension to Niles.
INDEX—V. 59, p. 1142; V. 61, p. 518.
Road —The new company operates about 26 miles of track,
WORCESTER & MARLBOROUGH STREET
R Y . - A trolley road.
O RGANIZATION— Owns 17 miles of trolley track in Worcester, Shrews
bury, Northborough, Westborough and Marlborough. Line opened
June 30,1897. Stock, $200,000; bonds, Oct. 1,1897, none; loans and
bills payable, $122,100. For three months ending Sept. 30, 1897,
gross, $23,141; net, $11,924. President, J. Russel Marble; Treasurer,
S. Reed Anthony, 50 State Street, Boston.
YO R K , PA.
YOUNGSTOW N,
( 1 ) WORCESTER CONSOLIDATED STREET RY.—A trolley road.
ORGANIZATION—Incorporated 1869. Capital stock all owned by the
Worcester Traction Co., which guarantees principal and interest of the
debentures. The road is now fully equipped electrically.
Q-rm
-'KRo n d s —
Date.
Interest. Outstan'ing. Matur’y,dcs
Capital stock, $100..................
Text.
$700,000
Text
1st mort. bonds.............- ........
5
150,000
1907
Debentures, gold......c*>
1894
5 g. F-A.
500,000 Feb. 1,1914
Subject to call at 102*2 5 Guaranteed p.&i. by Worcester Traction Co.
Real estate mortgages...............
5
$4,500 On demand
..........
29,000
.............
Loans Oct. 1,1897....................
Accounts payable (net)............
.........
55,341
.............
D iv id e n d s — ) For 1891-92. 1892-93. 1893-94.
Since to M a r.,’97
Per cent.......... 5
4
10
3*2
8 p. c. per an*
ROAD— On Sept. 30, 1897, was operating 43*77 miles of track in
Worcester and vicinity, of which 33*89 miles was owned, 9*33 miles
leased and *55 of a mile trackage. Leases the Worcester & Shrewsbury
Street Ry., etc., 4*2 miles. Rails 85 pounds steel. In May, 1898, it
was stated that extension through Millbury to Grafton, 10 miles
would probably be in operation during autumn of 1898.
ANNUAL R eport —For years ending Sept. 30 earnings have been:
1897.
1896. I
1897.
1896.
ross earng’s. $508,856 $491,375 I Dividends.........$56,000 $56,000
„* earnings.. 123,041
119,845 I Bal.,sur. for year
367
2,789
..taxes,etc. 66,674
61,056 |
O H IO .
OFFICERS— President, B. F. Miles, Cleveland; Vice-President. J. G.
Butler, Jr.; Secretary, J. E. McVey; Treasurer and General Manager,
A. A. Anderson.—V. 63, p. 924; V. 64, p. 83.
Z A N E S V I L L E , O H IO .
P opulation 1890
w as ¿1,009; in 1880 w as 10,011;
and in 1870 w as 18,113.
ZANESVILLE RY. & ELECTRIC CO.ORGANIZATION— Organized July 8,1896, to purchase an electric-light
plant and also the Zanesville Street RR., subject to the 1st mortgage
of 1891. It was reported in 1898 that the consolidation was never
consummated —V. 67, p. 324.
RECEIVER—William Christy of Akron, O., appointed receiver of
Zanesville Street RR. in Dec., 1897.
STOCK & B onds —
Date.
Int.
Outstand'g.
Maturity.
Zanesville Street RR. 1st M. 1891
6 M -N
175,000
May 1,1911
Zanes. Ry.&Elec. 1st consol. > 1896 5g. M-S noneAug.’98 Sept.1,1916
$500,000, gold ($1,000) c* ) Int. at Intern’l Tr’t Co., Bo-ton, trustee.
ROAD—Zanesv. St. RR. operates 10 miles of track on 8 miles of street.
OFFICERS—President, John Hoge; Vice-President, W. H. Bateman;
Secretary, K. B. Conger; Treasurer, G. H. Stewart.—V. 65, p. 1127. V.
67, p. 324.
92
INDEX
TO
K A IW A Y S .
A B B R E V IA T IO N S ,
Etc.
^The terms and abbreviations employed in this Supplem ent are explained in the following :
S T O C K & B O N D S ” —Under these words are shown—
«<
*«
n ^ ° UDt ° f 8tOCk auihori3ed Immediately follows the word « stock”, and against this is the par value of single shares, viz.:
, means stock, total issue authorized by charter or by act of legislature, $200,000, divided into shares of $100 each:
I0iiowlng tlie amount given as outstanding means ** full paid.”
i f Tinf re f‘m means “ Preferred Stock.” “ Pref. 6 p. c. cum.” means preferred stock entitled to dividends o f 6 per cent per annum, such dividends
“ P ro f « d accumulating>a11 dividends due and unpaid to be paid in fu ll fo r each and every year before the common stock receives anything.
* P‘ n^ ' cum-” means simply that the stock is entitled to 6 per cent per annum if earned, but that if unearned in any year the dividend
for that year will not be paid subsequently. •
_
out;,
‘ BO N DS”- “ Mort.” or “ M ” meansmortgage. “ Consol.” or “ con. M.” means consolidated mortgage. “ Gen. M.” means general mort
amoui next following is the total authorized amount that can be issued under the mortgage. The word « gold ” is usually spelled
nt
nut in some instances is contracted to “ g,” while “ cur.” means currency.
to
mea“ s ®oavertlble into stock. “ S. f.” means sinking fund. “ c.” means coupon; “ o.* ” means coupon but may be registered as
principal; and c. &r. means that registered certificates without coupons as well as coupon bonds are outstanding. The letters “ p m ”
,7®?“
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. & i. (end.) means guaranteed as to principal and interest» the guaranty being endorsed on each bond.
D A T E ”—The date of issue on the face of the bonds is indicated under the word “ date.”
„ ™ i !i!I 5 S .EST e n d e r 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
and July; correspondingly, “ F - A ” is used to mean February and August; “ M - S ” means March and September, and so on, while “ Q - J ’
S n e r^ lv T S ^ 8
f anuary and " Q - F ” quarterly beginning in February. [The day when the Interest payment is due can
interest d a t e s ' 1 1 * ^ n° ti° “ g when tlie loans mature- the day of the month there given being in most cases the same as for one of the
1 61
an m
oO-Id.
girder
“ traok” means in street Railway parlance all track, whether main line, siding, switch or second track. “ Rails are
means tliat each rail weighs 80 pounds to the yard.'
I nd ex
'
R a il w a y s .
P age .
........ 29
A kron Bedford & Cleveland R RTransit—
kron < Cuyahoga Falls Rapid
fe
Akron Street RR.—See Akron Street Ry. &
Illum inating.......................................... 7
Akron Street Ry. * Illuminating.. . . . .
7 7
Alamo Heights RR................................ 80
Albany Helderburg & Schoharie Elec. Ry!! 7
Albany R y............................................... .
7
Algiers Gouldsboro & Gretna R y . . . 56
Allegheny & Bellevue—See Fed. St. &P1. V. 71
Allegheny St.—See Federal St. & Pleas.Val. 71
Allegheny Traction—i-ee Cons’d Trac. Sys.. 71
Allent’n & Beth R. T.—See Allen. & L. V. T. 8
Allentown & Lehigh Valley Traction........
8
Alley Elevated. See South Side Elevated.. 25
Alton Improvement Ass’n—See Alton Ry.
& Illuminating...................................
8
Alton Railway & Illuminating.............. 7 !
8
Altoona & Logan Valley Electric R y ...... 7 8
Ambler Elec.—See Schuylkill V. Trac. Sys.. 63
Amherst & Sunderland St. R y.............
8
Amsterdam Street R R ...........................7 .
8
Anacostia & Potomac River R R ......
87
Anderson Eleo. St. Ry.—See Un. Trac. Co!! 9
Ann A rbor & Ypsilanti Electric R y........ 9
Anniston (Ala.) Electric Co.................. .'.7
9
Arlington Heights Motor R y .............. 77." 83
Asbury Park & Belmar Street Ry.—See "Äs
bur y Park & Sea Girt RR .............
9
Asbury Park & Sea Girt R R .................. 71 9
Asheville Street R y .............................. 9
Ashland (Wis.) Light, Power & Street Ry.7 9
Ashtabula Rapid Transit........................... 9
Astoria (Ore.) Street Ry.................. 7 7 .7 ! 9
Atchison Ry. Light & P o w e r.................. 7 9
Athens (Ga.1 Electrio R y.................... "
10
Athol & Orange Street Ry......... . . . 7 7 7 10
10
Atlanta Consolidated Street R R ..........
Atlanta Elec. Ry................................... !7 10
Atlanta R ailw ay....................... 7 7 7 7 7 7 10
Atlanta St. RR.—See Àtlanta Oonsoii'iated 10
Atlantic Ave. RR.—See Nassau Eleo. Bys
21
Atlantic Coast Electric R R ................ .
49
Atlantic Highlands Red Bank & Long Br’ch 49
Attleborough N. Attleborough & Wrentham
- St. Ry.—See Inter-State Consol.............. 63
Auburn City R y .....................
10
Augusta (Me.) Hallo well & Gardiner RR.".".' 10
10
Augusta fGa.)Ry. & Electrio Co...........
Aurora & Geneva—See Aurora Street Ry. 10
Aurora Street Ry........ ............................ 10
Austin Rapid Transit R y ................ 7 7 7 7 10
St. Louis R
Sys.
B aden & Term’l RR. R —See Nat’l Ry.Mills
allston
(Ballston Spa.N. Y.)
Baltimore Catonsville & Ellicott's
79
11
RR.—See Baltimore Consol’d Ry.............
Baltimore City Passenger R ailw ay ..!!..!!!!
Baltimore Consolidated Ry........................
Balt. Middle Riv. & Sparrow’s Pt. Elec. Ry!
Baltimore & Northern Electrio Ry.......
Baltimore Traction—See Balt. Consol. Ry..
Baltimore & Washington Transit..............
Bangor Hampden & Winterport Ry...........
Bangor Orono & Old Town R y..................
Bangor Street Railway.............................
Bath (Me.) Street Railway......................!..
Bay Cities Consolidated Railway...........7."
Beatrice (Neb.) Eleo. Co............................
Beaver V alley Traction........................ .
Bellaire Bridgeport (O.) & Martin’s Ferry
’
Street R y . . ; . . . ................................... .
Belle City Eleo. Co., Racine, W is.........7 7 !
Belleville Eleotrio Railway................... 7 7
Belleville & Newark—See Newark Pass. Ry".
Belt Line Electric (Lexington, Ky.)...........
Belt Railway, The (Washington, D. C.).....!
Bennington & Hoosick Valley R y .............
Bennington & Woodford Eleo. Ry..............
Benton-Bellefontaine Ry—See Un. Dep. RR.
Bergen County Traction...........................
Biddeford & Saco Railroad........................
Binghamton Lest. & Union—See Bing. RR.
Binghamton Railroad................................
11
11
11
ll
11
11
88
13
13
13
13
13
13
13
to
Birmingham Knoxville & Allentown Trac
tion—See Pittsb. & Birmingham T r........ 72
Birmingham Railway & Eleotrio.......... 7 14
Birmingham Traction.......................... 7 ! 14
Black R.&Salisb. B.—See Haverhill&Amesb! 43
Black River Traction (Watertown, N. Y .).. 89
Blanchard Avenue Passenger Railway...... 39
Bleecker Street & Fulton Ferry RR—See
Metropolitan St. By. System.................. 58
Bloomfield Street—See Pittsburg Tr. Svs! " 72
Bloomington City Ry—See Bloomington &
Normal Street Ry................................... 14
Bloomington & Normal Street Ry
7 7 7 14
Boston & Chelsea—See Lynn & Boston Sys. 15
Boston Consol. Street—See West End St. Ry. 14
Boston Elevated R R .................................. 14
Boston & Revere Elec.—See Lynn & Boston 15
Bowling Green Railway ........................... 15
Braddook * Turtle Creek Passenger Rail
way—See UnitedTraction....................... 69
Braintree Street Railway......................... ! 15
Braintree & Weymouth Street Ry.............. 15
Bridgeport (Conn.) Traction................
16
Bridgeton & Millville Trac. (Bridge., N. J.). 16
Brigantine Transportation Co. (formerly
Brigantine Transit).....................
16
Brightwood Ry......................................... 88
Bristol & Plainville Tramway (Conn.)....... 16
Broadway RR—See B ’klyn Queens Co. & S . 17
B ’way & 7th Ave. RR—See Met. 8t. Ry. Sys. 58
Broadway Surf. RR—SeeB’y *7 t h Aye.RR. 58
Brockton Bridgewater & Taunton St. Ry.. 16
Brockton Street R y ..............................
16
Brooklyn Avenue Ry (Kansas City)....... 7 46
Brooklyn Bath & West End RR.—See
Nassau Electric System.................
21
Brooklyn Cable Co.—See United R R _ 7 7 21
_
Brooklyn City & Newtown R R .............
19
Brooklyn City RR—See B ’klynR. T. System. 17
Brooklyn Crosst’n RR.—See B ’klyn C’y RR. 17
Brooklyn Elevated R R .........................
17
Brooklyn Heights RR.—See B’klyn R.T.Sys. 17
Brooklyn Newt’n Jamaica & Flushing RR.. 19
Brooklyn Queens County & Suburban RR.—
See Brooklyn Rapid Transit System....... 17
Brooklyn Rapid Transit.......................... 16
Brooklyn (O.) St. RR.—See Clev. Eleo. Ry.. 29
Brooklyn Traction—See K. C. Trac............. 21
Brunswick Traction................................... 55
Buffalo Bellevue & Lancaster Ry.............. 21
Buffalo East Side St. Ry—See Buffalo Ry.... 21
Buffalo & Lookport St. Ry......................... 49
Buffalo Hamburg & Aurora R y..............7 22
Buffalo & Niagara Falls Electrio Ry.......... 22
Buffalo N. Main St. & Tonawanda Ry......... 21
Buffalo R y ............................................... 21
Buffalo Traction......................7 7 7 7 7 7 22
Buffalo & Williamsville Electric Ry. ! ! .7 ! ! ! 22
Burlington (Iowa) Ry. & Light Co............. 22
Burlington (Vt.) Tractiop.......................... 22
Butte Consolidated Ky............................... 22
C
airo Electric Ry........................
22
alais (Me.) Street Railway........... 7 . 7 7 22
California Street Cable........................
81
Calumet Electrio St. R y............................ 24
Calvary Cemetery Greenpoint & Brook
lyn Ry.—See Brooklyn City R R ............... 17
Cambridge RR—SeeWestEndSt.Ry., Boston 14
Camden Gloucester * Woodbury Ry.......... 23
yg Camden Horse R R ..................................... 23
Camden * Suburban R y ......! ! !! ! ! !! ! ! ! !! ! ! ! 23
75 Canal & Claiborne R R ....
56
13
!
61 Canandaigua Eleo. L. & R R . 7 . 7 7 7 7 7 7& 23
Canisteo Valley Ry.—see Hornellsville
48
Canisteo R y........................................... 44
88 Canton—Massilon Electrio R y................... 23
44 Canton St.—See Canton-Massilon Elec....... 23
13
80 Cape May Del. Bay & Sewell’s Point Elec. Ry 23
Ry. (Frankfort,
43 Capital Suburban........... Ky.)—See Frank 40
fort &
.........................
14 Capital Traction............. . " !..................... 87
!
14 Capitol North O St. & South" W.—See" Beit Ry". 88
14 Carbondale & F . C.Pass. Ry.—See Carb. Trac. 23
Page
Carbondale Traction.................................. 23
Carpentersv. E lg in * Aur.—See El. City Ry. 38
Cass Avenue * Fair Grounds Ry—See
National Railway System.... ^ ............... . 79
Catharine & Bainbridge Streets Ry—See
Philadelphia Traction System................. 66
Catootin & Myersville Elec.—See Frederick
& Mid. Eleo. R y ....................................... 40
Cayadutta Eleotrio..................................... 41
Cayuga Lake Eleo. Ry.—See Ithaca St. R y .. 45
Cedar Rapids & Marion City R y................. 23
Central Avenue Rv. (Oakland, Cal.)—See
Oakland Transit Co...................... ........ 64
Central Crosstown RR.—See Met.St.Ry.8ys. 58
Central Electrio Ry. (Kansas City, M o.)___ 46
Central Eleo.—See Sacramento Eleo.G.* Ry. 77
Central Jersey Trac. (N. Y. & Phila. Trac.). 87
Central Park North & East River RR.—See
Metropolitan St. Ry. System....... ............ 58
Central Pass. Ry.—See Central Traction.... 71
Central Pass. Ry.—See Louisville R y ......... 50
Central Ry.—See Baltimore City Pass. Sys. 11
Central Ry. (Peoria, 111.)............................ 66
Central Ry. & Eleotrio (New Britain, Conn.) 55
Central Traction—See Cons’d Trac. Sys...... 71
Central Traction (St. Louis, M o.).............. 78
Central Traction (Sioux City, Iowa) ......... 83
Chambers St. & Gra .d St. Perry. See Met
St. R y ..................................................... 57
Champaign Rapid Transit—See Urbana &
Champaign Ry. Gas & E. Co.................... 23
Charles River Street—See West End St...... 14
Charleston City Ry.................................... 23
Charleston & Seashore R R ................7 7 . 24
Charleston St. Ry.—See Charleston City Rv 23
Charlotte Street Ry.—See Charlotte Eleo.
Ry. Light & Power Co.............................. 24
Charlotte Electric Ry. Light & Power Co... 24
Chattanooga Electrio R y.........................
24
Chattanooga & Lookout Mountain R R ...!. 24
Chatt. &No. Side St. Rv.—See Signal Mt. Ry. 24
Chattanooga Rapid Transit....................... 24
Chester Darby & Phila.—See Chester Trac.. 24
Chester* Media Elec. Ry.—See ChesterTrao. 24
Chester Street Ry.—See Chester Traction... 24
Chester Traction........................................ 24
.......... 24
Chicago City R y................... !
Chicago City Ry Transit Co........... "7."
25
Chicago Det. &Tol. RR. (Detroit, Mich.)... 34
Chicago Electrio Traction......................... 25
Chicago Eleo. Tran.—See West Chicago Sys". 27
ChicHgo General Ry...............
25
Chicago & Jefferson Urban Transïte-s"éê
27
West Chicago 8t. Ry. System............
Chicago & Milwaukee E leo trio ........... !. " 25
Chicago North Shore St.—See W. Chlo. Sys. 26
Chicago Pass. Ry.—See West Chic. St. RR.. 27
Chicago & So. Side R. T.—See So. Side Elev 26
Chicago West Dlv. Ry —See W. Chic. St. RR. 27
Chippewa Val, Elec. Ry. (Eau Claire, W is.). 38
Christopher & 10th Streets RR.—See Met. St.
Ry. System.....................................
-53
Cicero & Harlem St. R y .....................
' 25
Cicero & Proviso St. Ry —See West Ch!"8ys! 27
Cincinnati Hamilton & Dayton Traction.
(Dayton, O ) . .....................................
33
Cincinnati Hamilton Middletown & Dayton
Street RR.—See Millcreek Valley RR
29
Cincinnati Inclined Plane Ry.................... 29
Cincin. & Miama Val. Trac. (Hamilton, Ö".) 42
Cincinnati Newport & Covington R y ...
32
Cincinnati Street Ry...........
’ 29
Citizens’Elec. Ry. L. & P. c"o."(Mans"fleid’,^o!) 51
Citizens’ Pass. Ry.—See Harrisburg Trac.. 42
Citizens’ Pass.—See Schuylkill Val. Tr. Sys. 63
Citizens’ Pass. Ry. (Phila.)—See Electric
Trao. Sys...................................
q7
Citizens’ Pass. Ry—See Citizens’ Trao!!!."!! 71
Citizens’ RR. (St. Louis)—See Nat’l Ry. Sys. 79
Citizens’ Ry. (Waco, Tex) ................
87
Citizens’ Rapid Transit (Nashville,Tenn.j!! 54
Citizens’ Street RR. (Indianapolis, Ind.)
44
Citizens’ Street RR.—See Memphis St. Ry.. 51
Citizens’ St. (Fishkill-on-the-Hudson. N. Y.) 39
INDEX
P a g b.
Citizens’ Street Ry. (Kalamazoo, Mich.)—
See Michigan Traction........................... 4o
Citizens’ Street Ry. (Muncie, Ind.)............. 5£
Citizens’ Traction (Oshkosh, W is.)............. 65
Citizens’ Traction—See Cons’d Trac. Sys. -- 71
Citizens’ Traction (San Diego, Cal.).......... 80
City Electric Ry. (Deoatur, 111.).............. 33
City Electric Ry. (Port Huron, M ich .)....... 73
City Electric Ry. (Rome, G a.).................... 77
City Park Ry. (Tacoma, Wash,) .,............... 8n
»g
Oily Park Transit.......................
City Pass.—See Altoona < Logan Val. E l... a
fc
City Railway (Dayton, Ohio)..................... 3d
City Ry. (Ft. Worth, Tex.)...........
Oily Street R R —See Chattanooga Eleo. Ry. 24
C it y * Suburban—See Balt. Consol. Ry*--- l j
City & Suburban RR.—See Memphis St. Ry. 51
City & Suburban Ry. (Portland, Ore.)....... ¿3
City & Suburban RR. (Savannah, Ga.)....... o i
City < Suburban Ry., Wash , D. 0.............. 8a
fc
City & West Portland Park Motor............ 73
Cleveland Berea Elyria & Oberlin Ry -. - - - - ¿0
Cleve. & Berea St. Ry—See Cl. B. Ely. < Ob. 29
fc
Cleveland < Chagrin Falls Electric
fc
29
Cleveland City Cable Ry.—See Clev. 0. Ry. 29
Cleveland City Ry..................................... ?"
Cleveland & Eastern RR............................ 29
Cleveland Electrio Ry....... ..— •
■ g"
■
Cleve. < Elyria Eleo.—See Clev. B. E. & Ob. 29
&
Cleveland Medina & Southern.................. 29
Cleveland Painesville < Eastern RR. - ----- - g l
fc
Coalville Pass.—See Wilkesb. < W. Va. Tr.. 90
&
Cohoes City R y.......................................... g i
Colfax Avenue Electrio............................. gg
Colonial City Traction.......... —..................¿7
Colorado Springs Rapid Transit.. . . . . . — - 31
Columbia Construction Co. See Northwest
ern El., Chicago......................... . .......... go
Columbia, S.C., Eleo. St. Ry. Light & Power 30
Columbia & Maryland—See Maryland Trac. 13
Columbia Railway...................... -•........... ° °
Columbus Central Ry.. Columbus, O .. . . .... 31
Columbus, O., Consolidated Street Ry.
See Columbus Street Ry — •
— - - - •- * 31
Columbus & 9th Av. RR.—See Metropolitan
Street R y....................................... ........ g7
Columbus, Ga., R R .................................... 31
Columbus, O., Street Ry........... - -....... * — 31
Commonwealth Avenue Street Ry..... ••— 62
Compton Heights Union Depot & Merchants’ Terminal Ry—See Lindell Ry. Sys. 78
Concord Street Ry..................................... 31
Coney Island < Brooklyn R R .... .. . ....... •. 19
fe
Conshohocken Ry—See Schuylkill Valley
Traction System...........
Consolidated St. Ry. (Grand Rapids, Mich.) 41
Consolidated St.—See Portland (O re.)R y.. 73
Consolidated Traction of New Jersey.------- 61
Consolidated Traction of Pittsburg, P a ...... 71
Continental Pass. Ry—See Phila. Tract. Sys. 67
Cortland & Homer Traction.............. ------ 32
Corrigan Consolidated St. Ry—See Metro
politan Street Ry., Kansas City, M o....... 46
Cottage City Street Ry.........-— . . . . . . . . . . 32
Council Bluffs Street Ry.—See Omaha &
Council Bluffs R y ................- ...... .
— 64
Crescent City R R - See New Orleans T. Sys.. 57
Cripple Creek District Ry.......................... 32
Crosstown Street Ry—See Buffalo R y ......... 21
Crosstown St.—See Columbus Street.......... 31
Cuyadutta Electrio R R ...... ....................... 40
D allas City Street Ry.—See Dallas Consol
Electric Ry.......................................
TO
93
ÉAILW AYS.
Page.
East Penn Traction—See Newtown & Del
aware-R. Trac...... ............. .................. 86
East Reading Eleo. Ry—See Reading Tract. 75
East St. Louis Electrio Street R R .............. 35
East Side RR.—See West Side RR., Elmira,
N. Y ........................................................ 38
East Side Ry (Portland, Ore.).................... 73
Eau Claire St.—See Chippewa Val. Eleo— 37
Eckington & Soldiers’ Home Ry.—See City
& Suburban Ry...................... . ............... 88
Egypt Electric Co...................................... 22
Eighth Ave. RR.—See Metrop. St. Ry. Sys.. 58
Electric Ry. Light & Power (Sedalia, Mo.).. 83
Electrio Traction (Philadelphia, P a.)......... 67
Elgin City Carpentersville < Aurora R y ... 38
&
Elgin City Ry.—See E. C. C. & A. Ry.......... 38
Elizabeth Street Ry................................... 38
Elmira < Horseheads R y ........................... 38
fe
Elmira Munie. Imp.—See El. < Horseh. Ry. 38
fe
Empire Pass. Ry—See Phila. Traction Sys.. 67
Englewood & Chicago Electric Ry.—See
Chicago Elec. Trac.................................. 25
Enterprise RR.—See Charleston City Ry... 23
Erie City Pass. Ry—See Erie Elec. Motor.... 38
Erie Electrio Motor Co............................... 38
Erie Rapid Transit Street Ry..................... 38
Escanaba Electrio Street R R ..................... 38
Essex Elect. St. Ry—See Lynn < Boston RR 15
fe
Essex Pass. Ry—See Newark Passenger Ry. 61
Evanston (111.) Electrio Ry.—See North
Chicago St. Sys.......................... ............ 26
Evansville Street R R ................................ 38
Page.
Helena G. L. & Coke—See HelenaP. & L ... 43
Helena Power < L ig h t .......... ■-............. 43
fc
Henderson (Ky.) Electrio Street Ry. . ------- 43
Herkimer Mokawk Ilion < Frank. Elec. Ry. 43
&
Hestonville Mantua & Fairmount Pass. Ry. 67
Highland Av. Belt & RR. (Birmingh., Ala.) 14
Highland Park & Fruit Vale RR.—See Oakland Transit Co......... - - i i *
‘ VI' '
Highland Park Ry—See Detroit Cit. St. Ry. 34
Highland RR. (New Albany, Ind.)i............. 55
Highland St. Ry—See West End St. R y ...... 14
Hingham iMass.) St. R y ... ...... - . - - —
-• 43
Holmesburg Tacony & Frankford Elec. R y . 69
Holyoke Street Ry..................................... 43
Home Avenue R
R
.
---- - - - •
Homestead < Highlands Street Ry. See
fc
Monongahela St. Ry., Pittsburg, P a ...... 43
Hoosao Valley (North Adams, Mass.)St. Ry. 63
Hoosiok Ry.—See Bennington & Hoosio Val. 44
Hdrnellsville «feCanisteoRy...................... 44
Hornellsville Electrio R y ........................... 44
Hot Springs Street R R ................. ............. 44
Houston Electrio Street R y ........................ 44
44
Houston Heights Electrio St. R y---- :
Houston W.St.& Pav.F.—SeeMetro’n St.Ry. 57
Hudson Street (N. Y.) R y ........................... 44
Hull Street R y ... .,.................................... 44
Huntington R R ............................... *........ 44
F
airhaven & New Whatcom Ry.—See
Northern Ry. & Imp’t....................
39
Fair Haven < Westville R R .........................55
fc
Fairmount Park & Delaware River Passen
ger—See Germantown Passenger Ry
.. 67
Fairmount Park & Haddington Pass. Ry—
See Hestonville Mantua < Fairmount...... 67
&
Fairmount Park Transportation Co........... 69
Fairmount Passenger Ry—See Hestonville
Mantua & Fairmount PassengerR y ......... 67
Fall River Street Ry.—See Globe St. Ry— 39
Falls Road Elec.—See Balt. < N. Elec....... 11
&
Federal Street < Pleasant Valley Ry.—See
fe
United Traction System, Pittsburg......... 71
Ferries & Cliff House Ry—See Market St. Ry. 81
Findlay Street R y.............................. —- — 39
First Avenue Ry. (Siattle, Wash ) ............. 82
Fishkill Elec. Ry.—See Citizens’ Street Ry. 39
Fitchburg & Leominster Street Ry
. , — 39
Flushing & College Point Eleo. Ry.—See
N. Y. < Queens C o................................ 49
fc
Fort Clark St. Ry. See Cent. Ry. (Peoria).. 67
Fort George < Eleventh Avenue RR.......... 60
fe
Fort Pitt Traction..........................
71
Fort Smith Street R y.................................. 39
Fort Wayne Consolidated Ry..................... 39
Fort Wayne Electrio—See Ft. W. Consol Ry. 39
Fort Wayne < Elmwood—See Detroit Ft
fe
Wayne & Belle Isle Ry............... ............ 34
Fort Wayne & Belle Isle Ry.—See Detroit
Fort Wayne & Belle Isle R y.................... 34
Fort Wayne Street RR.—See Fort Wayne
Consol. Ry......................................------ 39
Fort Worth & Arlington Heights Street Ry. 39
Fort Worth Street R y....................- ........... 39
Forty-second Street < Grand Street Ferry
&
RR—See Metropolitan St. Ry. System..... 58
Forty-second St. Manhatv. & St. Nicholas
Ave. Ry—See Third Avenue System....... 60
Fountain Head RR. (Knoxville, Tenn.) -See
Su p p l e m e n t of Feb., 1898.
Fourth St. & Arsenal Ry.................•—...... 78
Fox River Electrio Ry. (Green Bay, W is.).. 41
Framingham Union Street Ry............... - - - 40
Frankford & Southwark Passenger Ry.—
See Electric Traction System................... 67
Frankf’t & Suburban Ry. (Frankfort, Ky.). 40
Frankfort & Utica Street R y............... --- 87
Franklin Electrio Street Ry.— ................. 40
Frederick & Middletown Eleo. Ry............. 40
Front St. Cable Ry.—See First Ave. Ry.)
82
Seattle,Wash....................
Fulton Elevated—See Kings Co. Elevated.. 19
Fulton < Oswego Falls—See Lake Ontario
fc
& Riverside K y................. . ■- - - - - • -......
Fulton Street RR—See Met. St. Ry. Sys.... 58
Fulton W all < Cortlandt St. Ferries RR— 60
fe
32
Dallas Consolidated Electrio Street Ry...... 32
Dallas & Oak Cliff Electrio R y.................. 32
Dallas Rapid Transit & Terminal.............. 32
Danbury < Bethel Street Ry...................... 32
fc
Danville (111.) Gas, Electric Lt. & St. R y... 32
Dartmouth < Westport St. Ry., New Bedford 55
fe
Davenport & Rock Isl. Ry—See Tri-City Ry. 32
Dayton < Soldiers’ Home RR—See City Ry. 33
&
Dayton Springfield & Urbana Eleo. R y ...... 33
Dayton Spring Vail. & Wilmington Transit. 33
Dayton Traction....................................... 33
Dayton & Western Traction..................... 33
Delaware County < Philadelphia Elect. Ry. 63
fe
Delta Electric Co.—See Egypt Eleo. Co...... 22
Denver City Railroad — ............
33
Denver Consolidated Tramway................. 33
alesburg Electrio Motor & Power......... 40
Denver Lakewood & Golden R R ............... 33
Galveston City R R ............................... 40
Denver Tramway—See Den Consol. Tram.. 33
Denver & Westminster Ry......................... 34 Gardner Elec. Street R y ............................ 40
Geary Street Park < Ocean R R .................. 81
&
Derby Street R y......................................... 34
Des Moines City R y ............. .................... 34 General Electrio Railway (Chicago, 111.)... 25
Geneva < Waterloo Ry.—See Geneva Water
&
Des Moines St. RR—See Des Moines City Ry. 34
loo Seneca Falls < Cajruga Lake Traction. 40
fc
Des Moines Suburban Ry—See Des M. City. 34
fc
Detroit City Ry—See Detroit Citizens’ St. Ry. 34 Geneva Waterloo S. F. < Cayuga L. Trac. . 40
Detroit Citizens’ Street R y..................... — 34 Georgetown & Tenallytown R y.................. 88
Detroit Electric Ry................................. 34 Germant’n Pass. Ry—See People’s Trac. Sys. 67
Detroit Fort Wayne & Belle Isle R y .......... 34 Gettysburg Eleo. Ry.—See May, 1898, Su p p .
Detroit Lake Shore < Mt. Clemens Ry....... 34 Glens Falls Sandy Hill «feFt. Edward St. RR. 41
fc
Detroit & Pontiao Ry................................ 34 Glen Oak «fe Prospect Heights Ry. (Peoria,
111.).......
.......................................
Detroit Plymouth & Northville R y........... 34
Detroit Ry—See Detroit Electrio R y--------- 34 Glenwood «fe Polytechnic College St. Ry— 40
Detroit Sub. Ry—See Detroit Citizens’ St.Ry. 34 Globe Street R y ......‘.................................. 39
fe
Detroit Ypsilanti < Ann Arbor R y ........... 34 Gloucester Essex < B everly ..................... 41
fe
41
Dighton Somerset < Swansea St. Ry.......... 35 Gloucester Street R y .........................
fe
Grand Avenue—See Metropolitan Street... 4b
D. D. E. B ’dway & Bat.—See Third Ave. Sys. 59
Dubuque Light & Traction.....
35 Grand River Ry—See Detroit Citizens’ St. Ry 34
&
Dubuque Street R y ................................... 35 Grand St. < Newtown.—See Brooklyn City. 17
Duluth Street R y .......................
35 Grant Street Electric Ry........................... 82
Great Falls StreetRy........................
41
Dundee Place Car Line (Omaha, N e b .)...... 64
&
Dunkirk & Fredonia R R ......, ..................... 40 Green < Coates Streets Philadelphia Passen
ger Ry—See People’s Traction System— 67
Duquesne Inclined Plane (Pittsburg, P a ).. 72
Greenfield < Turners Falls Street Ry........ 42
fe
Duquesne Traction—See Consol. Traction
System.................................................... 71 Green Lake Electrio R y....................— 82
Greenp. < Lorimer St.—See Brooklyn City.. 17
fe
ast*Cleveland—See Cleveland Electric.. 29
agerstown < Potomac Electrio R y ...... 42
&
ast End St. Ry.—See Memphis St. Ry— 51
agerstown Bail way............................ 42
East H. Pass.—See Harrisburg Traction— 42
Hammond Whiting «fe E. Chi. Elec. Ry...... 42
East Hartford & Glastonbury Horse RR—
See Hartford Street Ry........................... 42 Harrisb. City Pass.—See Harrisburg Trac.. 42
fc
East Liverpool Railway............................ 35 Harrisburg < Mechanicsburg Electric Ry.. 42
Harrisburg Traction.........- - -- - ................. 42
East Liverpool & Wells ville Street RR.—See
&
East Liverpool Railway......................... 35 Hartford Manchester < Rockville Tramway 42
East Middlesex St.Ry—See Lynn & Bos. Sys. 15 Hartford Street Ry........ ............. -■--.......- 42
East Oakland St. Ry.—See Oakland Tr. Co. 64 Hartford & West Hartford Horse R R ...... 42
East Omaha Street R y............................ — 64 Hartford & Wethersfield Horse RR—See
Hartford St. R y ... ................................. 42
Easton < Bethlehem Tran—See Easton Tran. 38
fe
fe
Easton Transit...................................
38 Haverhill < Amesbury Street R y.............. 43
G
E
e
ncline & Narrow Gauge Ry. (Chattanooga)
ndiana Electrio R y . . . . . . . . . . . — --— ...
Indianapolis « c Broad Ripple Rap. Transit.
S
Inter-State Consolidated Street R y ...........
Inter-Urban Railway (Saginaw, Mich.) ....
Ithaca Street R y ........................................
I
24
41
45
63
78
45
J
45
45
71
ackson Street Ry...................................
aoksonville (111.) R y ..... - - •- - ......- - - - - Jack’s Run—See Federal St. < Pleas. V a l...
fe
Jamaica & Brooklyn Road—Sc© Brooklyn
Queens County <cSuburban R R ..............
S
Jamestown Street R y................................
J anesville Street R y........... . . - . ....... ----Jasper County Electric Ry. (Carthage, Mo.)
See Southwest Missouri Eleo.,Webb City.
Jefferson Avenue Ry— ............................
Jeffersonville City Ry. . . . . . . . . — •- --------Jersey C’y < Bergen RR—See Cons.Trao.Sys.
fe
Jersey City Harrison & Kearney Ry. Co.—
See Consol. Trac. S y s...— ———......i;-Johnstown Gloversv. < Kingsbo. Horse Ry.
fc
Johnstown Passenger R y...........................
Joliet Railroad..........................................
K
ankakee Electrio Ry..- - - .... .. - - - ------ansas City Cable—See Metropolitan St.
Kansas City Elev. Ry—See Met. St. R y ----Kansas City < Independence Rap. Tran.
fe
Ry—See Metropolitan St. R y ..................
Kansas City Traction—See Met. St.R y .....
Key port < Matawan St. R R ........ , — . —
fe
Kings County Elevated..............................
Kings County Traction..............................
Kingston City R R .............—...... --- - - Knoxville Street RR.—See Knoxville Trao.
Knoxville Traction...................................
Kokomo City Street R y ..............................
L
17
45
45
89
78
45
61
41
46
4b
46
46
46
4b
46
4b
1»
fi
47
47
47
47
ackawanna Valley Traction—See Scranton Ry
...............
82
Laclede Ave. & 4th St.Ry.-See Missouri R R .. 78
Laconia Street Ry.................. - - - - - - ........;■ 47
Laconia < Lakeport St. Ry.—See Laconia
fe
47
St. Ry.
Lacrosse City Ity................•'...................... i Z
Lake Cities Electrio R y— . - ..........- - - - - - - • "3
Lake Ont. < Riverside Ry. (Oswego, N. Y .). 65
fe
Lake Roland El.—See Baltimore Consol d.. 11
Lakeside Street Ry.—See Duluth St. R y .... 36
Lakeside R y» Mahanoy City, P a ................ o i
Lake Street Elevated R R ........... -- -- - ■- — 25
Lancaster City Street-See Penn. Traction. 47
Lancaster < Columbia—See Penn. Traction 47
&
Lancaster Traction—See Penn. Traction.... 47
t.analog City Electric Railway (Michigan) . 47
Leavenworth Electric R R .......................... 48
Leavenworth < Lansing Ry ...........
fe
48
Lebanon < Annville Street Ry.................. 48
&
Lehigh Traction (Hazleton, P a.)............... 43
L< ominster < Clinton St. Ry - - - - -....... ----- 48
&
Lt adngton Avenue < Pavonia Ferry Ry—
fe
i ee Metropolitan Street R y ..................... «>7
Lewiston < Auburn R R ........................... 48
fe
Lewiston Brunswick < Bath St. Ry........... 48
fe
Lewiston < Youngstown Frontier R R ....... 62
fe
Lima Electrio StreetRy....... .
48
Lincoln (Neb.) Street Ry.—See Lincoln
Neb.), Trao.............................................. 48
Lincoln (Neb.) Traction............................. 48
Lindell R y.................. .............................. Ja
Little Rock Traction < Electric.. . . . . . . . . - -. 49
&
Lock City Electrio RR.—See Buf. < Lockfe
port Street Ry. (Lockport, N .Y ).............. 49
Lock Haven Traction ................. --• - - - - - ■ 49
Lombard < South Street Passenger Ry—See
fe
Frankford < Southwark Pass. R y ........... 67
fe
L. I. City«fe Newtown—See N. Y. < Queens
fe
Co. Ry.......................
o?
Long Island Electric R y..................... - - - . 21
Long Island Trao.—See Brooklyn Rap. Tr.. 15
Lorain & Cleveland R R .............................. 31
Lorain < Elyria Electrio Ry...................... 49
fe
Lorain Street R y .. . . . . . — - - - - - - - - - - — - - - - 29
Los Angeles Con.Elec.Ry.—See Los Ang.Ry. 49
Los Angeles R y.............. .— ....... - — ••• 49
Los Angeles Pacific Ry.—See Los Angeles
Pacific R R ..................... - - - - - ................ »O
Los Angeles < Pasadena Eleo. Ry............
fe
50
Los Angeles Traction . ........................... 50
Louisville City Ry—See Louisville R y ....... 50
Louisville R y ............................................. 50
Louisville Terminal R y ........................
£0
Love Eleo. Trao. (Chic.)—See Gen. Eleo. Ry. 25
Lowell Lawrence < Haverhill Street R y... 48
&
Lowell & Suburban Street R y .................... 50
Lynchburg Electrio Co.—See Lynchburg
Electrio Ry. < Light..................... •••■•-- 50
fe
Lynchburg Electrio Ry. & Light....... ........ 50
Lynchburg < Rivermont Street Ry............ 50
fc
Lynn Belt—See Lynn < Boston................ 15
fe
Lynn < Boston RR.—See N. Shore Tr. Sys. 15
&
94
m »aeon Consolidated Street RR
.......t°50
¿r~.*con * InA sPring Elec. St. Ry. (G a ). 50
Madison City Ry.—See Madison Elect. Ry. 50
Madison Electric Ry
50
Madison Street Cable R y. I ! !.' ! ! I *" " ' ' " ' " 82
Mahoning Valley Elec. Ry. (Youngstown,Ô.) 91
Main Street & Agricultural Park R R ......... so
Malden & Melrose St. RR.—Boston El. Sys. 15
Manchester Street R y...........................
51
Manhattan Elevated Ry.—See I nvestors '
Su p pl e m e n t .
Manistee Filer City & East Lake R y.......... 51
Manufacturers’ Street Ry. (New H aven)... 56
Marion City Ry. (Indiana).......
51
Marion Street Railway (Marion, 0.1___ .i ” 51
Market St. Cable Co.—Bee Market St. R y .... 81
.
gl
Market Street R y ..................
Marshalltown (Iowa) Light* Power ’ *R *v" 51
&
Marlborough Street R y ...........
51
Maryland Traction....... .
....... 13
McGavoek & Mt. Vernon Horse* R R -S e e
Nashville Street R y ..............................
54
McKeesp’t Duquesne & Wilm’gRy. (Pittsb*.) 72
Memphis & Raleigh Springs RR.—See Mem
phis St. Ry......................
54
Memphis -tre e tR y ........ ! . ! ! ! ! ! ! ! ! ! ! ! " ! ! ! ! 51
Menasha & Neenah Street R y .. . . . . *...... 55
Menominee Electric Light Ry. & Power . 51
Meriden Electric R R ...........
51
Meriden Horse RR.—See Meriden E le c *"* ’ 51
Merrimack Val. St. Ry—See Lowell Law
48
rence & Haverhill St. Ry....... .
Metropolitan Elec. See Springfield Tr. (Mo.) 84
Met. Crosstown RR—See Met. St. Ry........ 57
Metropolitan Ry., Louisville, K y .............. 50
Metropolitan Railway, San Francisco, Cal.
See Market Street Railway................
81
Metropolitan Ry.—See Portland (Oreg.) Ry. 73
Metropolitan R R —(Washington, D. C.)....... 88
Metropolitan RR—See West End St. Ry.,Bos. 13
Metropolitan St.RR—See Denver Con.Tram. 33
Metropolitan St. Ry.—Kansas City, (Mo.) .. 46
Metropolitan St. Ry. (N. Y .)...................... 57
Metropolian Traction of Chicago........ *” . 25
Metropolitan Tract’n—See Met. St. Ry.,N.Y. 57
Metropolitan West Side Elevated R R ........ 25
Miami Valley Ry. (Piqua, Ohio)................. 69
Michigan Traction of Kalamazoo and Bat
tle Creek............
46
Middlesex RR—See West End St. Ry., Boat*. * 14
Middletown & Bloomingsburg Tract.—See
Middletown-Goshen Traction.............
52
Middletown—Goshen Traction. ................. 52
Middletown H. & S.—See Harrisb. Traction. 42
Middletown (Conn.) & Portland Street Ry.. 52
Milford Holliston & Framingham St. R y ... 52
Milford & Hopedale St. R y .... ................... 52
Millcreek Valley R R .............. .. ... ... , ___ 29
v
Millvale Etna & SharpsburgStreet Ry.—See
Allegheny Traction... .........
71
Millville Traction...................
52
Milwaukee City—See Milw. Elec. Ry. & l " 52
Milwaukee Electric Ry. & Light..........
52
Milwaukee Light Heat & Traction—See Mil.
Elec. Ry. & L .................. ....................... 52
Milwaukee Racine & Kenosha Electric Ry.. 53
Milwaukee Street R y .- See Mil. El. Ry & L. 52
Milwaukee & Wauwatosa Motor Rv.—See
Mil. Elec. Ry. & Light............................... 52
Minneapolis St. Ry—See Twin City Rap. Tr. 53
35
Minnesota Point Street Ry................
Missouri R R ..,..;..........
" " 7g
, Mobile Light & R R
. . . . . . . . . .. . . . . . . .
- 53
Mobile Street R R ............ . _..... ..........| 53
Mobile & Spring Hill R R .-’s’ ’ *M Lt! & RR * 53
ee o*.
Molme Central Street Ry................
53
Monongahela Bridge—See Pitts. &Bir.Trac. 72
Monangahela Street Rail way.. ^
72
Ma v 3 ^ r r „ p r : . R r- s,ie' Ä
'r i : 63
Montgomery Street Ry............
' 54
Montgomery Sub urban Street Ry....... ” *.*.* 54
Motor Line Improvement.......
35
Mound City R R - See Union Depot RR* ! ’ ’ * * 80
Moundsville Benwood & Wheeling Ry
* 89
Mt. Adams & Eden Pk. Incl. 5 See Cincin*-*?’ ™
Mt. Auburn Cable Railway.. ( nati St. Ry. s
Mt. Oliver Incline Plane Ry —See P. & B.
Traction system.....................
70
Muscatine Electric Ry.... ...................... 54
Multnomah St. Railway—See’p'ortland R . 73
*y’.*
T\' anticoke St. Ry.—See Wilk. & W. V. Tr 90
1 » ashua Street Railway...........
54
Nash vine & Edgefield RR—See Nash.’ S Rv*. 54
t*.
54
Nashville Street R y ................................
Nashville & Suburban Ry........
54
Nashville'.Tract’n—SeeNashv.A Suburb.Ry. 54
Nassau Electric R R ............................
21
Natick & Cochituate Street R y ".*.*..’..’. ” * 54
National Railway, St. Louis, M o....’ . . * " ’ " 78
Naumkeag St. Ry—See Lynn & Boston RR 15
Negaunee & Ishpeming St. Ry. & Electric.. 55
New Albany Ry...........
55
New Albany St. Ry—See New Albany Rv* ." 5 5
Newark & Bloomfield R y...........
61
Newark (O) Consolidated Electrïo R v........ 61
Newark (O.) & Granville Electric Street Ry*.
- S e e Newark Consol. Electric St. R y ..
61
Newark & Irvington Ry—See Newark Pass. 61
Newark Passenger Ry._See Cons. Trac. Sys. 61
Newark Plank Road—See Cons. Trac. Sys 61
Newark & South Orange Ry.—See North
Jersey Traction <_o.................
61
New Brunswick City Ry....... .
’.*!...!!!!.!".* 55
Newburg Electric Ry...............".!’ * . " " ....... 61
.
Newburg & Orange Lake RR.’ See New
—
burg Electric R y ................................... 61
Newburyport & Amesbury R R .........]■*£*"" * 61
New Castle Traction.............
....... 55
New England Street R y .. .
" 56
New Haven & Centreville Street R y .......... 55
New Haven Street R y.................. . .
' 56
New Jersey Electric Ry. (Paterson* N.’ J.Y.*’ 66
New Jersey Traction—See Con. Trac. Sys.
61
New London Street R y.......
* 53
New Orleans & Carrollton R R. ! ! ................ 57
New Orleans City & Lake RR.......
...... 57
New Orleans City RR—See New Öriea’ns
City & Lake.............. ............................. 57
New Orleans Traction ( Limited) !!!!!!!!!!* ! 57
INDEX
TO
RAILWAYS.
P age .
P age.
Newport & Dayton Street Ry—See Cincin
Pittsburg & Birmingham Traction... . . . . . . . 72
nati Newport & Covington R y ....,___ .... 31 Pittsburg & Castle Shannon Railroad....... , 72
Newport Street Rjr........................ ............ 62 Pittsburg Crafton & Mansfield Street Ry—
Newport & Fall River Street Ry................ 62
See West End Traction............................ 72
Newton & Bpston Street Ry....................... 62 Pittsburg (Kan.) Frontenac & Sub. Elec___ 69
Newton Street R y .. . . ...........................’ . ’ * 62 Pittsburg Incline Plane—See Pittsburg &
Newtonville & Watertown Street Ry___ !!!. 62
Birmingham Traction System................. 72
Newtown & Delaware River Traction...... 86 Pittsb. Neville Isd. & Coraopolis Pass. R y .Newtown Ry.—See N. Y & Queens Co. Ry*. 49
See Pitts,& W. E. P a s s ........... ............. 72
New Williamsburg & Fiatbush RR.— See
Pittsburg Oakland & East Liberty Passen
Brooklyn City R R . . . . . . . . . . .................... 17
ger Railway—See Pittsburg Traction...... 72
N. Y. Elmsford & White Plains.—See TarryPittsb. < Ormsby—See P. & B. Trac.......... 72
fe
town W. P. & Mamar. R y ........................ 60 Pittsburg Traction—See Consol. Trac. Sys. 72
New York & Harlem RR.-8eeMet.St.Fy.Sys. 59 Pittsburg Union Passenger Ry—See Pittsb.
New York < North Shore Ry. (L. I. City)... 49
fc
A. & M. Tr.—United Trac. System.......... 71
New York & Philadelphia Traction........... g6 Pittsburg & West End Passenger R a ilw a y New York & Queens County Ry., L. I. City! 49
See West End Traction........................... 72
New York & Staten Island Electric Co___ _ 84 Pittsburg Weir City & Columbus (Kansas)
N. Y.Westo. &Conn. Traction.—See People’s
-S ee Pittsburg Frontenac & Suburban.. 69
Traction Co..... ............. .......... ............ 60 Pittstield (Mass.) Electric R y ................... 72
Niagara Falls & Lewiston R R ............... ! " 62 Pittston Street Car—See Wllkesbarre & W y
Niagara Falls & Suspension Bridge Ry,..!!! 62
oming Valley Traction System................ 90
Niagara Falls Whirlpool & Northern R y ." 62 Plainfield St. R a ilw a y ...............................73
Ninth Avenue RR.—See Metro. 8t. Ry. Sys.-. 59 Piattsburg Traction Co.............................. 73
Norfolk (Va.) City RR—See Norfolk St. RR. 63 Plymouth Bridge Co.—aee Wilkesbarre <e
t
Norfolk (Va.) & Ocean View RR................ 63
Wyoming Valley Traction...................... 90
Norfolk (Va.) Street R R .......................... !. 63 Plymouth & Kingston Railroad................. 73
Norfolk Suburban RR. (Hyde Park. Mass.)" 15 Plymouth St. Ry.—See Wilkesb. & W. v. Tr. 90
Norristown Pass. Ry—See Schuylkill Val
Point Defiance Park R y .-S ee City Park Ry. 85
ley Traction System................................ 63 Portland & Cape Elizabeth R y ....... ........... 73 ,
Northampton Street Ry.................... !!!!!! 63 Portland (Conn.) St.—See Middletown &
North Chicago City Ry—See N. Chic. St. RR*. 26
Portland St.... .................................... 52
North Chicago Electric Ry......................... 26 Portland (Me.) Railroad............................. 73
North Chicago Street RR....... ...................! 26 Portland (Oregon) Ry............................... 73
North Dallas Circuit Ry........... ............. ! ! ! 31 Portland (Ore.) Traction........................... 74
Nor.&E.Greenb’sh Horse RRr-SeeAlb’yRy. 7 Portl and & Vancouver Ry—See Portland Ry. 73
North & East River RR.—See Fulton St. RR. 58 Portland & Yarmouth Electric R y............. 73
Northeast Electric R y................................ 46 Port Norfolk Electric Railway.................. 63
North End St. Ry. (New York Y. N.)
60 Portsmouth (Va.) Street R y ...................... 74 .
North End Street Ry (Worcester, Mass.)... 91 Pottsville & Reading Ry—See Schulykill
Northern Electric Ry. (Chicago)................ 26
Electric System.............
74
North Hudson County Ry. (Hoboben, N. J.j 43 Poughkeepsie City & Wapp’s Falls Elec. Ry 74
North Jersey St. Ry. (Newark, N. J .)..
60 Powell Street Rv—See Market Street Ry
81
North Park Street Ry. (Grand Rapids, Mich.)
Presidio & Ferries R R ............................... 81
—See Feb., 1898, S u p p .
Providence Cable Tramway—See United
Northern Railway & Improvement........... 39
Traction & Electric................................ 74
North Shore Traction (Boston)................... 15 Providence < Taunton Street R y.............. 85
fe
North Side Electric Ry.—See No. Ch. St. Sys. 26 Pueblo Electric St. R y.............................. 74
North Side Pass. Ry.—See Citizens’ Tract.. 71
Nor. Side Trac.—See Unit. Trac. (Pittsburg) 69 ^Kueen City Ry.—see Dallas Consol’d
............................. 31
Northwestern Elevated (Chicago).............. 26 ^ag Electric St. Ry
Norwalk Street Ry..................................... 63 Quincy & Boston Street R y ....................... 75
Quincy (111.) Horse Ry. & Carrying............ 75
Norwalk Tramway..............
!!!!!!!! 63
Norwich Street Ry............................!!!!!!! 64
apid Railroad...................................... 35
Nunnery Hill Inclined Plane,........... !!!."." 8
•apid Railway....................................... 35
4 I akland Consolidated Street Ry.— See
Rapid Transit Line, Knoxville, Tenn.—See
64
’ w Oakland Transit Co............. ............
Feb., 1898, Su p p .
Oakland R R .........................................
' 34 Rapid Transit St. Ry—See Cons. Trac. Sys... 61
Oakland (Cal.), Syndicate— See Oakland
Reading City Pass. Ry—See Reading Trac... 75
Transit Co........................
64 Reading&TempleElec.Ry.—SeeRead.Trac. 75
Oakland, San Leandro & Haywards Electric
Reading Traction—See United Traction Sys. 75
Ry. Consolidated..................................... 64 Reading & Womelsdorf Electric—United
Oakwood Street R v.................................
33
Traction System..................................... 75
Observatory Hill Pass. Ry.—See Federal St
Richmond Ry. & Electric........................... 75
& Pleasant Valley Pass. R y.................... 71 Richmond Traction................................... 75
Ogden Street Ry—see West Chicago System 27 Ridge Ave. Pass. Ry—See Phila. Trac. Sys.. 68
Ogdensburg Street R y ............................... 64 Riverside & Suburban—See Wichita Elec.
Olean Street Ry..............................
64
Ry. & Ligh t.......... ................................ 90
Omaha & Council Bluffs Ry. & Bridge.*."!.’.* 64 Roanoke Street R y .................................... 75
Omaha Street Railway...........................
64 Rochester City & Brighton—See Roch. Ry.. 77
Omnibus Cable Ry—See Market St. R y !!!!! 81 RochesterC. & Manitou R R ...................
77
Orange Mountain Traction........................ 64 Rochester & Irondequoit RR..................... 45
Orange & Newark—See Newark Passenger . 61 Rochester R y ........................................... 77
Orange < Passaic Valley Ry
fe
..........
65 Rockford City Ry—See Rockford Ry. Light
Orleans R R ..........................
57
& Power...............
77
Ossining Electric R y ....... ...... . . . .! ! ! .! ! ! ! . ! 83 Rockford Ry. Light & Pow er..................... 77
Oswego St. Ry—See Lake Ont. n Riverside. 65 Rockford Traction (Illinois)...................... 77
Ottawa Street Railway (Illinois)..........
b5 Rockland & Abington Street R y ............... 16
Ottumwa Electric R y....... .........
65 Rockland Thomaston & Camden Street Ry. 77
Owensboro City R R .......................!!!!!!!!! 65 Rome City Street Ry................................. 77
Oxford Lake Line (Anniston, A la .)...........
9 Ross St.—See P. & B. Trac......................... 72
aducah Ry. & Light . . . .......... .......... 65 Roxborough Chestnut Hill & Norrist’n Ry. 69
Rutland Street R y..................................... 77
aducah Street Railway—See Paducah
Ry. & Ligh t..............
.......................65
Ciaco River Electric R R ........................... 77
Park City Railway.—See Bowling Green Ry. 15 Sacramento Electric, Gas & Railway...... 77
Park & Cliff House—See Market Street Ry. 81 Saginaw Consol—See Union St. Ry. Sys___ 78
Park & Ocean RR.—See Market Street R y .. 81 Saginaw Street |RR. City of .................... 78
Pasadena & Pacific Ry.—See Los Angeles
St.
Pacific RR...................... ; ....................... 50 St. Charles St. R R ...................................... 57
Clair Incline Plane............................... 72
Passaic & Newark Electric Traction !!!!!.*!.* 65 St.Joseph&BentonHar.Elec.Ry.&L.(Mich.) 78
Pass. & Belt Ry—See Belt Line Elec Sys.... 48 St. Joseph Ry. Light, Heat & Power (Mo.).. 78
Paterson Central Electric Railway___ .'.... 66 St. Jo. Trac. & Light—See St. Jo. L. H. & P. 78
Paterson City Railway—See Paterson Ry.. 66 St. Louis & Belleville Elec. Ry ................. 79
Paterson Railway.......
66 St. Louis Belleville & Suburban R y........... 79
Pawcatuck Valley Street Ry.*.’.*.’.’.*.’.*!.*!!!.*.*! 89 St. Louis Cable & Western Ry—See St. Louis
Pawtucket St. Ry—See United Trac. <v Elec. 74
■ Suburban R y....................................... 79
5
Peekskill Traction..................................... 66 St. Louis County Street Railway............... 79
Pennsylvania Motor—See Easton Transit.. 38 St. Louis & E. St. Louis Elec. Ry................ 79
Pennsylvania Traction (Lancaster, P a.)___ 47 St. Louis & Kirkwood R R .......................... 79
Penn St. Pass. Ry—See Citizens’ Trac........ 71 St. Louis & Meramec River R R .................. 79
Penobscot Central Rv. (Bangor, Me.)........ 13 St. Louis RR—See National Ry. System___ 79
People’s Cable Ry.—See Brooklyn Av. (K.C.) 45 St. Louis & Suburban R y.......................... 79
People s Electric. Ry. (Sandusky, O.)........ 80 St. Paul City Ry—See Twin City Rap. Tran. 53
People s Elec.—See Springfield Consol...... 84 St. Paul & Suburban Ry......................... ) Qn
People s Pass. Ry—See People’s Trac. Sys.. 67 St. Paul & White Bear Railroad.............. 5 8U
People s Railway (St. Louis, Mo.)............... 79 Salt Lake City R R .................: ................... 80
People s Railroad—See Syracuse Street RR. 85 Salt Lake & Mercur R R ............................. 80
People s Street Ry. (Dayton, O.)................ 33 San Antonio Edison Co............................. 80
People s Street Ry—See Scranton R y......... 83 Salt Lake Rapid Transit............................ 80
People’s Traction, N .Y ....
.
60 San Antonio Rapid Transit— See Alamo
People’s Traction, Philadelphia, P a ........... 68
Heights R R .......................
80
Peoria & Pekin Traction ........
66 San Antonio Street R y............................... 80
Perry Street Pass. Ry—See .Federal Street
Sandusky Milan & Norwalk Elec. Ry........ 80
— ,“
A
Valley Passenger Railway......... 71 Sandusky Street Ry................................... 80
t,}ulas'eiPhla & Bristol Passenger Ry......... 69 San Francisco & San Mateo Electric Ry___ 81
Philadelphia City Pass. Ry—See PhiladelSan Gabriel Trac. Co. (Los Angeles, Cal.)... 50
T Phia Traction System.......... .....................68 Saratoga Traction............
81
Du-i ,1 i
—SeePhi l a. Trac. Sys
68 Savannah Traction—See Sav. Thunderbolt
Fniiadelphia & Gray's Ferry Passenger Ry
& Isle of Hope____*................................ 81
TjCn ^ F uiladelphia Traction System....... 68 Savannah Thunderbolt & Isle of Hope Ry. 81
Philadelphia Lancaster & Harrisburg—See
Schenectady R y......................................
81
r.i? D?s,y^v.
ania Traction............................ 47 Schuylkill Electric Ry. (Pottsville, P a.)___ 74
PJtüadttohià Traction............................... 68 Schuylkill Traction (Girardville, Pa ) ........ 41
Philadelphia & West Chester Traction....... 69 Schuylkill Valley Traction (Norristown, Pa.) 63
& Mountain View Railway—See
Scranton &Carbondale Traction—See Scran
Oakland Transit Co.........
..
64
ton Railway System................................ 82
Pikesyille R. < E. G.—See Bait. & N.’Ëlec!! 11 Scranton Pass. R ’y—See Scranton R y ....... 82
fe
Pittsb. Allegheny & Manchester Trac.—See
Scranton & Pits’n Trac.—See Scran. Ry. Sys. 82
United Traction System..............
71 Scranton Suburban—See Scranton Ry....... 82
Pittsb. & Birm. Pass. R y .-S ee P. & A ’ Trac. 72 Scranton Ry., formerly Scranton Traction. 82
R
P
INDEX
P age .
Sea Beach Ry.—See Brooklyn R. T ............ 16
Seashore Electric Ry, Asbury P a r k ......... 9
Seaside & Brooklyn Bridge Elevated RR.
—See Brooklyn Elevated R R .......... ....... - 17
Seattle City R y.......................................... §2
Seattle & Rainier Beach Ry..................... - ■
Seattle Traction (formerly Seattle Consol.
St. R y.)..................................................
Sea View R R —See Brooklyn R. T ............. 16
Second Ave.Pass. Ry—See United Traction. 69
Second Ave. R R —See Met. 8t. Ry. Sys. (N.Y.) 59
Second Ave. Trac.—See United Trac. Pitts. 69
Second & Third St. Pass. Ry.—See Elec. Tr.
System......................................
Sedalia & Brown Sps.—See El. Ry. L. & P. - - 83
Seventeenth & Nineteenth Street Passenger
Ry—See Philadelphia Traction System
B8
Shamokin & Mt. Carmel E le c ................. 83
Sheboygan Light, Power & R y .................. 83
Shenandoah Elec. St. R y .......................... 83
Signal Mt. Ry. (Chattanooga Tenn.).......... 24
Sioux City Cable Ry.—See Central Trac.... 83
Sioux City & Leeds Electric Ry................. 83
Sioux City Elevated R y............................. 83
Sioux City Traction................................... 83
Sixth Ave. RR—See Metro. St. Ry. Sys ---- 59
Somerville Horse RR—See Boston El. Sys.. 14
South Boston RR—See West End St. R y.... 14
South Brook. Cent. RR.—See Atlan. Ave. RR 21
South Chicago City R y .............. 26
South Covington & Cm. St. Ry—See Cincin •
nati Newport & Covington R
y
31
Southern Boulevard RR.—See Union Ry ... 60
Southern Electric R y .......... ............ ------ ™
South Ferry Ry—See Metropolitan Street
■
Ry., and also Broadw’y & 7th Ave. R R ---- 571
South Jersey Tr.—see Bridgeton & M. Tr... 16?
54[
South Middlesex Street R y............... .
So. Nashville St. RR—See Nashville St. Ry. 54
South Orange & Maplewood St. R y............ 65
South Side RR—See Cleveland Elec. R y— 29
South Side St. Ry—See Metropolitan St. Ry 45
South Side El. RR , Chicago...................... 26
Southwest Chicago R .T.-See Chic. City Ry. 24
Southwestern Elec. Ry.—See Nat. Ry. Sys.. 79
Southwestern St. Ry. (Philadelphia,Pa.)... 69
South West Missouri Electric R y ............... 89
Spokane Cable Ry—See Spokane Street Ry. 84
Spokane Elec. Ry —See Spokane Street Ry. 84
Spokane & Montrose Motor R R .................. 84
Spokane Street Ry., eto—See Washington
Water Power System............................. 84
Springfield City Ry—See Springfield Consol
idated R y ................................................ 84
Springfield (111.) Consolidated R y ............... 84
Springfield (Ohio) R y ................................. 84
Springfield (Mass.) Street R y ..................... 84
Springfield El. Ry. (Vt.)............................ 84
Springfield (Mo.) Traction......................... 84
Stamford Street R R ................................... 84
Staten Island Elec. R R ..........................
84
Staten Island’Midland R R ......................... 85
Steinway Ry.—See N. Y. & Queens Co. R y .. 49
Stockton Electric R R ................................ 85
StreatorRy................................................ 85
Street Ry. Co. of G’d Rap—See Cons’d St. Ry. 41
Suburb. City Ry.& Imp.—See Norfolk St.RR. 63
Suburban Railroad (Chicago)................... 27
Suburban Traction (see Orange & Passaic
Valiev Ry.), Orange, N. J ..............
65
Suburban Rapid Transit, Pittsburg, P a ..... 72
Summit St. Ry.—See Met. St. Ry., Kansas
46
City,Mo................................
Sunbury & Northumberl’d Elec. Ry........... 85
Superior Rapid Transit R y ........................ 89
Sutro R R ..................
81
Sutter Street R y......................................... 81
Syracuse Consol. St. Ry.—See Syracuse R.T. 85
Syracuse Rap id Transit R y ............
85
Syracuse Street RR.—See Syraouse R. T — 85
T
acoma Ry. & Motor...............................
acoma Traction......................... ......... »
Tamaq.ua & Pottsville Electric RR —See
Sohuylkill Elec. Sys................................
Tarentum Traction...................................
Tarrytown White Plains & Mamaroneck Ry.
Taunton & Brockton Street R y.................
Taunton Street R y..................
85
85
74
85
60
85
85
95
TO KAILWAYS.
P age .,
Taylor Avenue R R —
See Lindell Ry. Sys— 78
Temple Street Cable Ry.............................
Terre Haute Electric R y ............................ 85
Terre Haute St. Ry—See T. Haute Elec. Ry. 85
Third Avenue RR. (N. Y .)......................... 59
Thirteenth & Fifteenth Sts. Pass. Ry—See
Philadelphia Traction System....... ......... 68
Thirty-fourth Avenue Ry., Denver, Col...... 34
Thirty-fourth St. RR.
) See 34th ) cq
Thirty-fourth St.Fer. & 11th Av. $St.Cr't’n s
Thirty-fourth St. Crosstown Ry.—See Met
ropolitan St. Ry. System......................... 59
Toledo Bowling Green & Fremont R y ..
86
Toledo Consolidated St. Ry.—See Toledo
Traction................................................
86
Toledo Electric Street R y.................. ....... 86
Toledo Electric Ry.—See Toledo Traction . 8«
Toledo Maumee & Perrysburg Elec. RR ... 86
Toledo Æ Maumee Valley Ry .................... 86
Toledo & Monroe Ry.................................. 86
Toledo Traction............
86
Topeka Ky................................................. 86
Toronto (Canada) Ry................................ 86
Torrington & Winchester Street Ry............ 86
Transverse Pass. Ry.—See Citizens’ Trac... 71
Trenton Passenger R y............................... 86
Trenton Traction......................... - ...... -.- - - 87
Tri-City Railway............................. - ........ 32
Troy City Ry.................. ................... -....... 8Z
Troy HiÜ Inclined Plane & Bridge............
8
Troy Hill Pass.Ry—See Fed.St.&P.Val.P.Ry. 71
Troy & Lansingburg RR—See Troy City Ry. 87
Tuscaloosa Belt R y ................................... 87
Twenty-eighth & Twenty-ninth Sts. CrossI town RR.—see Met. St. Ry. System......... 59
ITwenty-second & Allegheny—Phila. Trao.. 68
IT wenty-third Av.Eleo.Ry—See Oakland San
Leandro & Haywards Electric Ry. Cons’d 64
Twenty-third St. Ry.—See Met. St. Ry. Sys.. 59
Twin City General Electric..................... -- 45
Twin City Ry—See Twin City General Elect. 45
Twin City Rapid Transit. ......—.......... - - - - 53
Tnion Consol. Elevated RR., Chicago— 27
I nion Depot RR. (St. Louis, M o.).......
80
Union Electric Ry.—See Saratoga Traction 81
Union Elevated RR—See Brooklyn Elev.RR. 17
Union Elevated RR., Chicago.................... 27
Union Loop—See Union Elevated R R ........ 27
Union Pass. R y —See Phila. Trac. System. 68
Union Ry. of New Y o rk .. ........ ................. 60
24
Union Ry—See Chester Traction........... .
Union RR—See United Traction & Electric. 74
Union Transit (Chicago, 111.)..........-- ------ 2J
Un. Elec., formerly Un. St. (Dover, N. H.).. 35
Union Street Ry. (New Bedford, Mass.).... 55
Union Street Ry. (Saginaw, Mich.)........... 78
Union Traction (Anderson, Ind .)..............
9
Union Traction (Newark, N. J.)................ 61
Union Traction (Philadelphia, P a.)........... 66
Union Trunk Line...................................... 83
United RR. (Brooklyn. N. Y . ) ................... 21
United Trac. & Elec. (Providence, R. I.)— 74
United Traction (Pittsburg)....................... 69
United Traction (Reading, P a.)................. 75
Urbana & Champaign Ry. Gas & E. Co...... 23
Utica Belt Line Street R R ......................... §7
Utica & Mohawk R R ................................. 87
Utica Suburban—See Utica Belt Line........ 87
Ï
V
allamont Traction................................
allev Pass. Ry.—See Scranton Ry..........
Valley St. Ry. (Sharon, P a .)......................
Van Brunt Street & Erie Basin R R ...........
akefleld & Stoneham Street R y..........
W ialden ¿ Orange Lake RR.—See Newburg Electric R y ..............................
Warren Brookf. & Spencer (Spencer).........
Washington Alexandria & Mt. Vernon Elec.
Washington Arlington & Falls Church Ry.
Washington & Georgetown.—See Capital Tr.
Washington & Glen Echo R R ....................
Washington & Great Falls Elec. Ry .........
Washington Park & Spring Grove R y.......
Wash. Westminster & Gettysburg R R .......
Washington Water Power, Spokane...........
WaterburyTraction.......................
Watertown & Brownville Street Ry—See
Black River T raction..................... .—
90
82
83
21
87
61
83
7
88
87
88
88
83
13
84
89
89
P age
Waterv. El. L. N. & P.—See Waterv. & F
89
WaterviUe &" Fairfield’ Ry. ¿ L igh t. . . . .... 89
Watervliet Turnpike & RR.—See Albany
.................
'
Ry. System.................. .
Waverly Sayre & Athens Traotion Co.. .. 89
Waverly& Woodstock Electric Ry—See City
& Suburban R y ...........-- •- - y y •xy v ," - - - Xo
Wayne & Fifth Sts—See Peoples St. R y ... 33
Wellesley & Boston St. Ry. - -. - - - - - - - - - - - - «2
Westchester Electric—See Union Ry. N. Y . . oO
West Chicago Street R R .......... -------- - --- 21
West Chicago Street RR. Tunnel—See West
Chicago Street R R .............. -- •- - - •- - - - - - - • 27
West End Passenger Ry—See Frankford &
Southwalk Passenger R y ..............— ■** • 67
West End & Riverside Electric—See Montgomery Suburban Street.........- ............. 54
West End Street Car...................... .......... 80
West End Street Ry.—Boston......... - - - - - - - - 14
West End Street Ry.—See Denver City RR. 33
West End Street Ry. (Knoxville,Tenn.)—See
Knoxville Traction Co.............................47
West End St. Ry.—See Penn. Traction....... 47
West End Street Ry.—See Rockford Tract. 77
West End Traction.................................... 73
West Jersey Traction (Camden, N. J .)— .» 23
West Philadelphia Passenger Ry—See Phil
adelphia Traotion System....................... 68
Western Elec. L. & P.—See Toledo Trac---- 86
West Pittston & Wyo. St. Car—See Wilkesb.
& W. V. Trac.....................................
?0
West Roxbury ¿Roslindale St.Ry.(Boston) 15
West Seattle Cable..................................... 83
West Shore R y........................................... 56
West Side Circle R y ................................... 86
West Side Rapid Transit............................ 80
West Side RR. (Elmira. N. Y .).................... 38
West Side Street Ry—See Milwaukee Elec.
R y & Ligh t............................................. 52
West ¿South Towns Street Ry—SeeChicago
General R y............................................. 25
-West Street & North End Elec. Ry............ 83
Wheeling (W. Va.) & Elm Grove R R .......... 89
Wheeling (West Va.) R y ............................ 89
White Line St. Ry.—See People’s St. Ry.
(Dayton).......................................... ---- 33
WhitmanStreet Ry—See Brockton Street Ry. 16
Whitney Ave.—See New Haven St............. 56
Wichita Ry. Light & Power........................ 90
Wilkesb. & East Side f gee wilkesb. 1
do
& Kingston j & w
V al t ....... 90
do
& Suburban)
[
do
& West Side l Tractlon- J
Wilkesbarre ¿W yom ing V alley Traction.. 90
Williamsport Passenger Ry.............. — -• 90
Willamette Bridge Railway—See City &
Suburban Railway.................................. 73
Wilmington (Del.) City R y......................... 90
Wilmington & Chester Traction Co........... 90
Wilmington & New Castle Elec. Ry. (Del.). 90
Wilmington (N. C.) Street R y ..................... 90
Winchester Avenue R R .......................----- 56
Winnisimmet RR—See Lynn & Boston Sys. 15
Winooski & Burlington (Vt.) Street Ry —
See Burlington Traction......................... 22
Winston-Salem Railway & Electric............. 90
Wissahickon Elec.—See Roxbury, Chestnut
H ill & Norristown.................................. 69
Woodland Park Electrio Ry...................... 83
Woonsocket Street Ry................................ 91
Worcester Con. St—See Wor. Tract. System. 91
Worcester Leicester & Spencer St. Ry.—See
Worcester & Suburban............................ 91
Worcester & Marlborough Street R y.......... 91
Worcester ¿ Millbury St. Ry.—See Worce
ster & Suburban............................ ......... 91
Worcester & Suburban Street Ry............... 91
Worcester Traction................................ - - - 91
Wyatt Park Ry—See St. J.T. Ry. L ’t. H ’t. &P. 78
Wyandotte ¿ Detroit River Ry.................. 35
Y
onkers R R ---- J.....................................
ork Street Ry.......................................
Youngstown Streèt Ry.—See Mahoning
Valley Electric........................................
anesville Ry. & Electric ......................
anesville Street RR.—See Zanesville Ry.
& Electrio...........................................
Z
91
91
91
91
91
JK tjrn n irlR
I nvestors S upplement * (quarterly
Quotation S upplement
/monthly)
S treet Railway S upplement
(quarterly
State and City S upplement (¡semiannually)!
^VUiUABi BaShAWA
IPiatollsittgr*s.
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