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THE

OF

COMMERCIAL AMD FINANCIAL CHRONICLE.
PUBLISHED

THE

ON

LAST

SATURDAY

OF

MONTH.

EACH

Furnished Gratis to all Subscribers of the Chronicle.
[Entered according to act of Congress, in the year 1879, by Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.l

NEW

INVESTORS’

YORK, AUGUST 30,

SUPPLEMENT

1879.

STATE RONDS

(INCLUDING DISTRICT OF COLUMBIA 3-658.)
Amount.
Month.
Amount.

Month.

January..
February

OP THE

March....

Cnmnwrial atifo /numeral

April.
May

Cjptiirle.

a

Supplement is issued

on

the last Saturday of each month, containing

complete exhibit of the Funded Debt of States and Cities, and of the Stocks

and Bonds of Railroad and other

Companies.

It is furnished without extra

Chronicle;

no

single copies

are

charge to all regular subscribers of The
as a

sufficient supply is

printed for subscribers only.
WILLIAM

B,

DANA

&.

CO.,

Publishers,

79 <£■ 81 William street.

INVESTMENTS

IN

AUGUST.

The business in investment securities this month has
been

somewhat checked

by the irregularities of the
money market.
It was supposed that after the final
calls for five-twenties and ten-forties matured in July
the money market would be even more abundantly
supplied with funds than before, but such has not been
the case, and the calls on the subscribing banks to pay
for their 4 per cent bonds, together with the natural
remittances of money to the West and South at this
season of
the year, caused a drain of legal tenders on
our city
banks which resulted in quite a stringency in
the loan market.
The London

dispatches have recently reported that

considerable amounts of United States bonds had been

put up for shipment to New York, and although these
reports may have been exaggerated at first, it seems
more than probable that while rates of
exchange warrant

gold shipments in this direction, there will be transmitted
to

this

market

a

considerable amount of securities—

either of the

Government, municipal, or railroad issues.
The large business this year in stocks and bonds at the
New York Stock Exchange is shown in the following
summary of transactions for each month, to the close of
July—the latest month yet reported:
RAILROAD AND MISCELLANEOUS STOCKS.

Month.

January
February
March

No. of shares.

6,615,648
4,729,691
3,945,117

Month.
June

No. of shares.

32,318,306

BANK STOCKS.

No. of shares.

January

1,892

February

1,718
1,657

M a r Ah

April

Iil91

May

1,216

Month.
June

July
Total

No. of shares.

1,150
10,000
t

GOVERNMENT BONDS.

Month.

January
February
Mar Ah

Amount.

$9,026,600
6,727,050
4,845,150

April

15;822,850

May........;..

11,371,300




Month.
June

July

Total

Amount.

Month.
June

March

19,476,750
39,997,000
42,927,500

April
May

Amount.

$31,253,000

July

16,887,700

Total

The record of these bonds is from

previously kept.

$172,373,450

February 1 only,

as

they were not

In regai d to
has been for a

investments in real estate mortgages there
long time much discussion as to whether
they averaged sufficiently well to make them a safe
investment for trust corporations, such as life insurance
companies and savings banks. The Western loans have
met with the most criticism, and our
contemporary the
Public in a recent issue brings together some interesting
figures comparing the investments of Life Insurance
Companies in New York, which cannot invest in mort¬
gages at the West, and the large companies at Hartford,
Conn., which have been conspicuous for some years past
as among
the principal lenders on that sort of security.
The following tables show the amount of loans on
mortgage each year by each company, and the amount
received as interest on mortgage loans each year by
each company, excepting that a small amount received
as interest on bonds is included,
for the first year only,
for the Equitable, New York, Mutual Benefit, and
Phoenix, that item not being distinguished in the reports
until after that year from interest on mortgages:
TOTAL LOANS ON MORTGAGE.

1874.

1875.

1876.

^

1877.

1878.

6,657,976
24,579,081
4,5«6,212
1,460,477

7,964,673
26,936,282
5,488,653
1,784.977

^
^
^
9,743,607 10,209,96710,980,537
27,815,839 28,335,745 26,383,983
6,195,955 6,699,332 6,560,174
2,029,927 2,033,883 2,034,310

.Total.. 37,283,746

42,174,585

45,785,528 47,778,927 45,959,004

TEtna
Conn. Mut.
Phoenix.
Travelers’
..

_

JEfcn'a'.

....

Conn. Mut.
Phoenix.
Travelers’.
..

Total..

INTEREST RECEIVED IN CASH#
638,781
747,349
648,620
827,790
886,725
1,730,333
1,766,795
2,096,614 1,862,725 2,411,241
405,798
426,481
404,647
395,003
467,185
106,920
140,433
146,585
170,745
140,822

2,881,833

3,031,058

3,296,466

3,246,263

3,905,973

TOTAL LOANS ON MORTGAGE.

Equitable

.

16,624,512

Mutual.... 56,916,056
New York. 16,828,955
M. Benefit. 12,415,658

17,085,952 16,237,264 13,723,218 12,437,585
60,071,190 60,856,200 58,152,734 57,368,332
17,685,597 17,354,838 15,379,202 14,364,158
12,821,812 12,615,948 12,410,094 9,853,332

Amount.

$9,223,300
13,216,200

INTEREST RECEIVED IN CASH.

Equitable.
Mutual....
New York.
M. Benefit.

1,230,961
3,655,935
1,417,613
1,411,806

1,132,447
4,006,814
1,157,370
804,564

1,085,774
4,101,773
1,129,960
770,484

1,077,056
3,990,316
1,015,510
779,524

765,605
3,686,962
927,282
717,393

Total..

7,716,315

7,101,195

7,087,991

6,862,406

6,097,242

Comparing the

interest on mortgage at the
with the sum received for interest on
mortgage during the year following, the average rate
actually received in cash by the eight companies was as
sum at

end of each year

follows:

-

Iu 1875.

Total

$17,230,650

Total.. 102,785,181 107,664,551 107,064,250 99,665,248 94,023,407

May

"Month.

1,682,300

3,288,592

July
Total

April

$2,934,500

July

$21,831,500

February

*

sold at the office,

June

2.546.500
2,382,000
1.849.500
3,858.200

RAILROAD AND OTHER COMPANY BONDS.*

Month.

The

$1,977,650

Connecticut companies, per cent..

New York companies, percent....

In 1876.

In 1877. In 1878.

8*2

7*8

7*1

8’2

69

65

6*4

6*1

STOCK AND

BOND TABLES.

NOTES.
These tables

are

information concerning Investment matters, published fio^i week to
Annual reports are in black-faced figures.
Securities is published regularly in the Chronicle each month, as soon as the official “Debt State¬

expressly intended to be used in connection with the

week in the Chronicle—to which an index
A full description of U. S. Government

is furnished in the remarks at the foot of the tables.

ment” is issued.
Prices of all active Stocks and Bonds are
The

quoted weekly in the Chronicle, and a list of general quotations is published monthly.

following will give explanations of each column of the tables below:

Description.—Railroads leased to others will often be found under the lessee’s name. The following abbreviations frequently occur, viz.: M. for
s. f. for “ sinking fund,” 1. gr. for “land grant,” reg. for “ registered,” coup, for “ coupon,” Br. for “Branch,” guar, for “guaranteed,”
end. for “ endorsed.”
“ Coupon*” indicates that the bonds are coupon, but may be registered.
Date of Bonds—The date of issue on the face of the bond is referred to in this column.
Miles of Road.—Opposite Stocks, this means the miles of road operated, on which the earnings are based; opposite bonds, the miles covered
“mortgage,”

by the mortgage.

Size or Par Value—These figures are dollars, showing the denominations or par
Rate Per Gent.—The interest per annum is given for bonds, but the per cent of last

value. The figures “ 100, &c.,” signify $100 and larger.
dividend for stocks; g means gold; x, extra; s, stock or scrip.

When Payable.—J. & J. stands for Jan. & July; F. & A., Feb. & Aug.; M. & 8., March & Sept.; A. <fc O., April & Oct.; M. & N., May & Nov.; J. &
D., June & Dec.; Q.—J., quarterly from January; Q.—F., quarterly from Feb.; Q.—M., quarterly from March.
Bonds,principal when due; Stocks, last dividend.—The date in this column shows the period
period when the principal falls due of bonds, but the time
•when the last dividend was paid on stocks.

STATE- SECURITIES.
Subscribers will confer a great favor by

Outstanding

1876

$100&c.

$6,358,600

1876
1876

100 &c.
100 &c.

535,000

explanations see notes above.

AlabamOr-Substitution bonds
Substitute b’ds for RR. (B) ($596,000).
do
for Ala. & Chatt. <C) ($1,0<
Educational funded debt
Funded “ obligations ”

Arkansas—Funding bonds of 1869 and 1
landing Bonds 1870 (Holford)
Levee bonds (or warrants)
Old unfunded debt, including
Ten year b’ds, Act May 29/74

interest-.

Secured sinking fund bonds (Act. Dec.

i

1874
1869 to ’70
1870
1871
1838 to ’39
1874
1875
1874)

To Memphis & Little Rock Railroad—
To Little Rock & Fort Smith Railroad.
To Miss., Ouachita &
To Arkansas Central
State scrip

Red River Railroad...

Railroad

California— Soldiers’ relief
State capital bonds
Funded debt bonds of 1873
Connecticut—War bonds, 20 year— )
War bonds, 20 year
iar..
do
not taxable, 20 year
New bonds, coupon, 10-20 year

Water stock bonds, coupon
Wash, fund’g, gld,($660,000 are

3?

) regist’d.

M.&N.,1902).

Florida—State bonds
Consolidated gold bonds ($300,000 are 7s)....
Loan to Jacksonville, Pensacola & Mobile RR.

Georgia—Atlantic & Gulf Railroad bonds
Bonds, act of Mar. 12, ’66 (renewal W. & A.)..

Quarterly
bonds,
onds, act gold
of Jan.
18, act
’72 of Sept. 15,1870..

Bonds for funding (Act Feb. 19, ’73)
Bonds to fund coupons on endorsed bonds...
Bonds exchanged for endorsed RR. bonds
New funding bonds, small
*
Illinois— Refunded stock bonds
Normal University bonds
Thornton loan bonds
War bonds
Indiana— Bonds, short loan

100 &c.

1,000
1,000
1,000
1,000
1,000
....

500 &c.
....

1873
1863
1864
1865
1877

500 &c.

1872
1873
1879
1874

500 &c.

1,000
1,000
100 &c.

1,000
....

....

50 &c.
50 &c.

1872
1871 to ’73
1,000
100 &c.
1872
1871
1873
1,000
1 000
1870
1858 to’66
500
1866
500 &c.
1870
1,000
1872
1,000
1873
250&C.
1876
1,000
1877
1,000
500 &c.
1879
1847
1,000
....

1,000
1,000
100 &c.

1*876
....

■

Co...

Alabama.—The State gave 30-year bonds, dated
July 1, 1876, bearing 2 per cent till 1881, then 3 per
cent till 1880, 4 per cent till 1800, and 5 per cent for
last 10 years, for old bonds, without any allowance

past-due coupons. Ala. & Chat, endorsed bonds
exchanged (for $1,000,000 of the new bonds,
claes C, which bear 2 per cent till 1881 and 4 per
cent for remaining 25 years).
For railroad endorse¬
ments the bonds issued bear 5 per cent.
An
analysis of the debt and funding operations is in
V. 24, p. 28.
There were $3,705,000 of railroad
obligations unprovided for in the “adjustment.”
Tax rate, 1878-9, 7 mills.
The assessed valuation
of real estate and personalty is about $125,000,000.
(V. 24, p. 28, 420; V. 27, p. 94; V. 28, p. 199.)

for

are

Arkansas.—The State Supreme Court has decided
Levee bonds of 18t>9 and 1870 invalid. Rate of tax¬
ation, 10 mills. The State is in default for interest,
except on the ten per cents of la74 and secured
sinking fund bonds, issued under the law of Decem¬
ber, 1874. Assessed valuation of taxable property,
$94,095,243. (V. 25, p. 161; V. 27, p. 15, 40; V. 28, p.
171, 276.)
California.—The State holds in trust for School

and University funds the $500,000 Capitol bonds
and $2,204,000 of bonds 1873. Total valuation of

property, 1876 and 1877, was as

follows: Real estate,

$418,840,023 in 1877, against $454,990,351 in 1876;
personal propertv. $199,243,292 in 1877, against

£ 189,247,695




1870
1866
1870
1869

in 1876-total, $618,083,815 in 1877,

i;ooo;ooo
1,886,000
1,316,000

i;986;773

258^300

1879
Bonds, coupon, (payable after April 1, 1884).
School fuud bonds (noil-negotiable)
1861
Iowa—War and defense bonds
1861 to ’69 100 *&c.
Kansas— Bonds, 1861 to ’69, funding, &c
1861 to ’75 100 &c.
Bonds for various State purposes
1864 to ’65
Military loan
500
1853
Louisiana—Bonds for relief of State Treasury .
1,000
Bonds in aid of various railroads
1866
1,000
Levee bonds—Act 35 of 1865
1867
1,000
do
Act 115 of 1867

do
special—Act 32 of 1870
Bonds funding coupons
to Boeuf & Crocodile Navigation
do
issued to State Penitentiary
do

593,000
2,810,670

1

Rate.

J.
J.
J.

& J.
& J.
& J.

J. & J.
J. & J.

'8
6
6
7

500
100 &c.

1,000
1,000

375,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
1,353,120
95,500
500,000
2,801,000
877,000
1,318,500
1,741,100
1,031,000
3,995,000
670,000
1,092,300
13,743,250
150,000
423,000
1,810,000
350,000

923,100
4,000,000
800,000
3,600,000

2,097,000
307,500
300,000
542,000
2,298,000

500,000
357,442
23,000
36,000
142,300

200,000
510,000
3,904,783
300,000
101,175
739,000
289,000

63,500
284,000

57,000
112,000
49,000
49,500
80,000
12,000

against $595,073,177 in 1876.

July 1,1906
July 1.1906
July 1,1906

Montgomery.

July 1,1884

N. Y.; Union Trust Co.

1899
1900
1900

do

1884

10
6

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

rr

/

7
7
7

7
& 8
7 g.
7 g.
6 g.
6
6
6
5
6 g7
5
3-65
7
7
6 g.
7
7
6 g.
8 g.
6
7
7 g.
7
8
7
6
4
6

6
6
6
6
5
t»

7
6
7
7
6
6
8
6
8
6
8

7

&
&
&
&
&
&

Connecticut.— The debt of

J.
Sacramento, Treasury.
do
do
J.
do
do
J.
J.
Hartford, Treasury.
do
J.
do
do
O.
do
do
do
N.
J. Wash, or N. Y., U. S. Treas.
do
do
J.
do
do
J.
do
A.
do
do
do
J.
do
do
J.
do
do
J.
N. Y., Importers’ & Tr. B’k.
J. & J.
do
do
J. & J.
F. & A. N. Y., Fourth National B’k.
do
do
J. & J.
do
do
Q.-J.
do
do
J. & J.
do
do
A. & 0.
do
do
J. & J.
do
do
J. & J.
State Treasury.
Jan.
J. & J. N. Y., Am. Exchange Bank.
do
do
J. & J.
do
do
M. & S.
do
do
J. & J.
N. Y., Winslow, L. & Co.
J. & D.
A. & 0.
do
do
Various
J. & J. New York, Kountze Bros.
N. Y., Am. Exch. Nat. Bk.
July.
do
do
J. & J.
do
do
J. & J.
J. & J. $15,000 1

District of

1900
1900
1900

April, 1900
1883
1885
1893
Jan. 1, 1883

1, 1884
1, 1885
Mayl, 1897
July 1, 1891
July 1, 1891
July 1, 1899
Aug. 1, 1924
July 26, 1892
Jan.
Oct.

ct. 1,1901 to ’(

1892 & 1902
Jan.

M.
M.
J.
J.
M.

was

all

Columbia.—The total assessed value

Florida— Less the sinking f und of $130,700,and J.
P. and M. loan, the total debt is $1,284,100, which
does not include $132,000 bonds of 1357, held by
Indian Trust Fund. Coupons of the consol, bonds
Real and personal prop¬
are receivable for taxes.

erty assessed in ’77 at $30,898,247; tax rate, 9 mills.
The Jacksonville Pensacola & Mobile RR. loan is

litigation, and the State Supreme Court has de¬
(V. 23,

Amounts

& N.
& S.
& J.
& J.
& S.

May, 1886

p.

Georgia.—The constitutional amendment in 1877

declared void several issues of bonds and railroad
endorsements.
The So. Ga. & Florida RR. has
$464,000 of bonds endorsed, but the Company pays
interest and the road is estimated to be nearly worth

Assessed value of property in 1878 was

Oct., 1890

July, 1892
April 1, 1886
July 1, 1896
Jan. 1, 1889
Jan. 1, 1885
At will.

Jan., 1880
Janl, 1880
Jan., 1880
Dec. 1, 1879
April 1, 1889

July" 1*,*

^

80,000

1881

1883 to ’84
1879 to ’99
1884 to ’99

July, 1893

1872 to 1906
1886

not

fundable, per j
report of Jau.
1, 1878.

1,1903

1881 and 1886

119,000

Various
Various

of taxable real estate in 1877 was $97,609,890; per¬
sonal property. $21,000,000. The interest on the 3-65
bonds is provided for by Congress. See law of 1S78,
V. 23, p. 599. There is due the sinking fund $256,221
per year.
(V. 26, p. 599; V. 27, p. 303; V. 28, p. 553,
578; Y. 29, p. 17, 40, 95.)

cided that the State is not bound for it.
576; V. 25, p. 212.)

'1899**

*

Tax rate for 1876-7,

Connecticut

J. New York, Latham, A. & Co.
0.
N. Y., Union Trust Co.
do
do
0.
do
do
O.
do
O.
do
do
do
0.

J. &
J. &
J. &
J. &
J. &
A. &
M. &
J. &
J. &
J. <fc
F. &
J. &
J. &
J. &

created originally for war purposes. Assessed value
of real ana personal property, 1878, $335,382,854;
rate of taxation, IX mills. (V. 24, p. 387.)

the bonds,

New York.
do
do

do

J. & J.

73>£ cents per $100.

in

Due.

by

Whom.

Payable

2 &c.
5
2 &c.

Principal—When
ipai—

Where Payable and

When

1,985,955

1869
1870
1870
1870
1870
1863
1863
1870 to’72

Coupon

DistMf Columbia- Perm’t imp’t, gold, coup...
Permanent improvement bonds, coupon
Bds for fund’g (Act June 10, ’79) coup, or reg.
Fund, b’ds (U.S. guar.,Acts June,’74&Feb.,’75)
Market house bonds, coupon

....

1,000
1,000

INTEREST.

Amount

Size or
par
Value.

Date of
Bonds.

DESCRIPTION.
For

giving Immediate notice ot any error discovered in these Tables.

May 1,

1907

March 1,1875
1886 & ’88
Jan. 1, 1890

March 1,1909

follows: Lands, $S6,255,473; city and town prop¬
erty, $48,370,413; total, including personal, $526,221.718, against $235,659,530 in 1877, $245,853,750 in 1876,
and $261,755,884 in 1875; rate of tax in 1878, five
mills.
(V. 25, p. 138, 162; Y. 27, p. 653; V. 28, p. 17.)
as

Illinois.—'The Illinois Central RR. charter tax on

earnings is about $300,000. For 1874 the total as¬
sessed value by local assessors was: Lands, $412,208,278; town and city lots, $177,567,098; personal
property, $151,629,963. {V. 24, p. 40.)
Indiana.—'There are also $139,000 of 6 per cent
loan bonds.
There has been some question as
to the State’s obligation to pay the Wabash & Erie
Canal debt. Valuation, 1877, of all taxable prop¬
war

erty, $855,190,125, against $864,720,440 in 1876 and
$897,739,783 in 1875. Tax rate, 1*3 mills. (Y. 22,
p. 104, 209, 615.)
Kansas.—Kansas has but a small State debt, but
the issues of municipal bonds amount to $13,000,000.
The valuations in 1879 were: Real estate, $101,108,-

127; persona], $27,334,715;

railroads, $16,165,829—

total, $143,930,279, against $138,698,801 in 1878,

and

Tax rate, 5X mills for
State purposes.
State funds hold $713,7C0 of the
bonds. (V. 24, p.40.)
$136,019,113

in

1877.

Louisiana.—'The

Constitutional

Convention in

May and June, 1879, discussed the debt question
New bonds were voted for New Orleans &

Railroad in 1878,

Pad:*

and their validity ia affirm «

SECURITIES.

STATE

30, 1879. J

August

Subscribers will confer a great favor

by giving immediate notice ot any error discovered in these Tables.
INTEREST.

Date of
Bonds.

DESCRIPTION.
For

explanation see notes on first page of

tables,

($2,000,000)....
) Coup.

\

Bounty loan bonds

or

[ regisJ tered.
Maryland —Baltimore & Ohio Railroad, sterling
do

do

Municipal

war

:

debt assumed

outstanding.

par

1870
1869
1869
1857
1870
1871
1869
1874
1878

$1,000

$6,000

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

260,000
10,000

48,000
70,000
2,500,000
'875,000
11,777,100
(?)
385,000
307,000
2,330,000
2,826,900
2,010,000
2,502,555
155,615
31,069
269,000
528,355
298,435
62,605
3,326,750
225,000
465,000
691,291
500,000
220,000
888,000
200,000
4,379,500

100 &c.
-

1863

-

-

.

500 &c.

1863
1864
1868
1838
1838
Various.
1839
1837
1870
1839
1839
1868

1,000
500 &c.
100 <fcc.

Rate.

Where

When

M. & N.
6
7*30 M. & S.
A. & O.
8
Various
6
J. & J.
8
A. & O.
8
8
J. '& ' J.
7

*6’
6
6
6
5 g.

Railroads and canals
Eastern Shore Railroad
Baltimore & Susquehanna

Railroad

Chesapeake & Ohio Canal
Baltimore & Susquehanna Railroad
Annapolis & Elkridge Railroad
Defense Bounty Loan
Deaf aud Dumb Asylum Loan
Maryland Hospital Loan, 10-15 years
Maryland State Loan
Treasury relief loan, 10-15 years
Massachusetts—Back Bay Lands Loan

«

3

1

1863
1863
1864
1864
1869

Coast Defense Loan

Bounty Fund Loan

Bounty Fund Loan
do

do

War Loan,

sterling

sterling

Troy & Greenfield

Railroad loan, sterling

do
home
do
do
sterling
do
sterling
do
do
do
dollar bonds
do
do
do
Southern Vermont Railroad Loan
do

Boston, Hartford & Erie Railroad,
Harbor Laud Improvement (5-20s)
Danvers Lunatic Hospital
Lunatic Hospital, Worcester
New State Prisons, sterling

sterling...

500 &c.
£100 &c
£200
1 £200 &c
3 500 &c.
200 &c.
£500

3

:

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

1,000

1874

Funding bonds

Canal debt,

-

tax free

—

Under Art. 7, Sec. 3, of Con¬
stitution, and Art. 7, Sec. 12.

by the Supreme Coart, but the Governor declined
to sign them and wis sustained by the courts.
Constitutional provision of 1879, see V. 29, p. 96.
Interest of a an. 1, 18.9, was paid, one-half cash and
one-haif scrip.
The assessed value of property
in 1879 is $177/00,"06; personal property, *32,361,State tax rate, ll mills. The interest tax is
402.
5% mills, which the auditor estimates will produce
$730,125 in 1879. In 1878 ^fever year) collections for
interest were $536,7G2. There is overdue interest of
tbe years 1874 to 1878 inclusive, $393,604. (V. 26, p.
315, 342, 463, 470, 523, 625: V. 27, p. 41, 122, 200,
303, 677; V. 28, p. 18, 42, 173, 224, 526, 553, 6x4, 641;
V. 29, p. 18, S6.J
Maine.— The sinking funds ($1,032,995), Jannary,
1879, reduce the total debt to a net amount of

$4,815*905. Valuation of total taxables in 1875,
$205,000,000; tax rate in 1877, 3 mills. For 1878,
treasurer advises 3% mills.
(V. 28, p. 42.)
Maryland—The assessed valuation of property in
1877 was $478,468,028; in 1878, $464,425,790, on
which the rate of taxation is 18% cents per $100.
The State has largely assisted canals and railroads,
and holds $4,735,621’ of stocks and bonds ranked
as productive, leaving $6,037,088 of debt without;
any offset: the State also holds $23,762,430 in un¬
productive securities. (V. 28, p. 42.)
Massachusetts.—All interest on the funded debt of
Massachusetts

is

paid in coin.

The credit of

high in London and at home.
the funded debt was reduced

the State stands

During 1878
$200,000.
The sinking funds m Jan., 1879, were
$11,263,599.
The Hoosac tunnel and connections
cost the State about $18,854,024, including interest*
paid. Real estate assessed m May, 1878, $1,118,557,164, against $1,191,583,169 in 1877; personal,
including bank shares, $476,667,106 in 1878, against
$505,784,594 in 1877. Savings Bank deposits Nov, 1,
1878, $210,461,396; Nov. 1, 1877, $243.9:2,325. The
loan to Boston Hartford & Erie Railroad was
secured by deposit of $3,600,000 “Berdell” mort¬
gage bonds, afterwards exchanged for N. Y. & N.E.

3,598,450
1,497,980

670,000

1,300,000
200,000
3,599,024
700,000
1,350,000
1,100,000

1,000
1,000

1863
1865
1859
1869
1873

Renewal bonds, coup., 5-20s, (act Mch. 29, ’7f) 1875-6-7
L857 to ’75
Hannibal & St. Joseph Railroad
1874
do
do
renewal
1877
Nebraska—Bonds (act Feb. 14,1877) coupon...
1871
Nevada—State bonds
1872
Territorial bonds
1864
New Hampshire— War loan, coupon bonds
1872
Municipal war loan
1873
State bonds
.*
1879
Loan of 1879

999,944
5,506,952
1,366,500

£200

1,000

1858
.865 to*(
1868
1872
1874

4,000,744

1,000
1,000
5,000

1875-’76
1875

Sainte Mane Canal bonds
Minnesota—State BuildingLoan

State Building loan, coupon
Railroad Bonds (not recognized;
Missouri—State bonds, proper

500

1,000
1,000

1871
1875
73 to *r, 1
1875
1860
)
3

Michigan—Two Million Loan
War Bounty Bonds

New Jersey—War loan bonds,
War loan bonds, tax free
do
do
taxable
New York—
f

100 <&c.

1872
1878

£500

1,292,280

-

591,000
299,000

1,000

46,000

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

50,000
250,000

2,275,000

439,000

2,727,000
401,000
104,000
1,693,000
267,000
504,000

1,361,000
2,971,000
1,000,000
4,350,000

1,000

1,518,000

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

1,482,000
549,267
160,000

380,000
600,000

2,206,100

100 &c.
100 &c.

200,000

300,000
600,000
900,900

1,000

186]
1863
1864
1875
1872
1873
1873

100 &c.
100 &c.
100 &e,

1874

3S

.°070
**-1

&3

595,400

473,000

1,562,900
847,500
4,302,600
2,000,000

lg'
5
3
6
6
6
6
6
6
6
6
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
6
7
6
7
7
7
6
6
6
6
6
6
6
6
6
6
6
6
6

fundable,
per report of
Jan.

1,1878.

875,000
N. Y.,

Winslow, L. & Co.

Augusta and Boston.

&

do
do
do
do
do
do
do
do
do
do

1

Q.-J.

A.
J.
J.
J.

&
&
&
&

do

do

O.
J
J.
J.

do
do
do
do
do
do
do
do
do
do

i

1914

1890
1890

London, Baring Bros,

Quart’

J.

JanV,

Aug. 15, 1880
June 1,1889
Oct. 1, 1889

do
do

do
do

Julr 1, 1910
April, 1911

March 1,1883

Baltimore, State Agency,

1880 & 1890
1890
1890
1885
1890
1890
1883
1885 & ’89
1887 & 1891
1887
1888 to 1893

J. & ’ J
M. & N.
May 1, 1880
Boston, Treasury,
do
do
J. & J
July 1, 1883
do
do
J. & J
July 1, 1883
do
do
M. & N.
May 1, 1894
M. & N.
May 1, 1S94
London, Baring Bros,
do
do
J. & J.
July 1, 1889
do
do
A. & O.
Oct., 1888 to ’90
A. & O.
April, 1891 & ’93
Boston, Treasury.
J. & J
July, 1891
London, Baring Bros,
Jan. 1, 1895
do
do
J. & J
1893 <fc ’94
J. & J.
Boston, Treasury,
do
do
J. & J
July 1, 1895
do
do
A. & O
April 1,1890
J. & J.
July 1, 1900
London, Baring Bros.
J. & J.
Sept. 1, 1894-96
Bostou, Treasury.
Various
J’lyl,’94-Sep.l,’96
Boston, Treasury,
do
do
Various
Mayl’95-Sep.l,’96
Jan. 1, 1895
J. & J.
London, McCalmonts.
Jan. 1, 1883
J. & J N. Y., Am. Exchange Bank,
do
do
M. & N
May, 1890
do
do
J. & J
July, 1879
St. Paul, Treasury,
J. & J.
July 1,1879
do
do
J. & J
July 1, 1883
J. & D.
Dec., 1887
1883
J. & J. N. Y., Bank of Commerce.
1888
do
do
& J
do
do
J. & J.
July, 1892
do
do
J. & J.
April 1, 1894
do
1879 to ’88
do
J. & J
.do
1879 to ’89
do
r J. & J.
1889 to’90
do
do
J. & J.
1879 to ’89
do
do
J. & J.
1879 to ’87
do
do
J. & J.
do
do
J. & J.
July, 1894
do
1895-6-7
do
J. & J.
1887 to ’95
N. Y., B’k N. America,
T. & J.
1894-5-6
do
do
J. & J.
State Treasury.
A. & O.
April 1, 1897
8
1881 and ’82
State Treasury,
9*2 & 10 Various
do
M. & S.
March, 1887
9*2
Concord or Boston,
M. & 8.
6
Sept., 1884 & ’89
do
do
Jan., ’92 to 1905
6
J. & J.
do
do
6
J. & J.
July 1, 1880
J. & J. Bost.,Nat.Bk.Commonw’lth July 1, ’89-’90-’91
5
Jan., 1880 to ’84
6
J. & J. Trenton and Jersey City,
do
do
Jan., 1886 to ’96
J. & J.
6
do
do
Jan., ’97 to 1902
6
J & J.
N. Y., Manhattan Bank,
Oct., 1893
J. & J.
g. J. & J.
do
do
July, 1887
e- J. & J.
Jan. 1,1883
do
do
8- J. & J.
do
do
July 1,1891
gOct. 1,1892
do
do
6 g. A. & O.
8888888‘
888888868•
88-

Minnesota.—All the State bonds are now held by
the permanent school fund. Minnesota has refused

recognize the “State Railroad bonds” of 1858
the amount of $2,275,000. A proposed compro¬
mise with the holders was defeated by a large major¬
ity in 1877. Taxable property, 1875, $213,855,743, of
which $45,162,467 was personal; in 1876, $218,850,744,
of which $45,302,485 was personal; in 1877, $220,925,638. of which $45,141,659 was personal. State tax,
2 mills; tax for all purposes in counties averages
17% mills. (V. 22, p. 63, 567; V. 24, p. 40, 170,
to
to

227.)
Missouri.—The valuation of all real and personal

property in 1878 was $628,329,312, of which $433,663,920 was real and $173,543,091 personal. Rail¬
roads and bridges were assessed separately at $26,122.201; the gross valuation exclusive of railroads
and bridges is $509,824,4^3. The tax rate is 40c. per
$100. In 1877and 1878 bonds maturing were met by
saleof renewal bonds and by sinking fund. The

Joseph Railroad provides for its

own

(V. 27, p. 200, 409.)

Nebraska.—Of these the State school fund holds
There are also $50,000 10 per cent “Grass¬

$426,267.

hopper” bonds of 1875, due Mar. 1, 1885, interest
paidJ. & J. Real estate in 1877 assessed at $37,975,987; personal at $33,335,591; tax rate, 6% mills.
(V. 24, p. 204.)
Nevada—The debt of Nevada is hardly more than
nominal, as the bonds are principally held in State
funds.

RR. stock and had a

Tax

was

(V# 29, p, 171.)

->

.

g
g
g
g

1,1879.




2,500,000

1899
1909
1897

Amounts not

Q.-J.

chase of bonds.

rate, $2 per $1,000.

48,000
70,000

A. & O.

New Hampshire.—The debt of New Hampshire
created for warjpurposes, and is being gradually
reduced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to be applied to their
war debts.
Total valuati u in 187Q. $169,958,517.

sinking fund of $1,084,578 Jan.
(V. 26, p. 40, 523.)

260,000

Boston, Suffolk Bank,

Michigan.—'The debt* has beeif largely diminished
Assessed valuation of real
1877, $610,000,000. and tax
rate 2# mills.
Surplus revenue is applied to pur¬

Hannibal & St.

May, 1910

$

M.&S.
F. & A.
J. & D.
A. & O
J. & J
J. & J.

in the last few years.
and personal property,

debt.

due.

payable and by
whom.

Payable

756 81
Chesapeake & Ohio Canal, sterling

Principal—When

Amount

or

Value.

Lou isia na—( Co ntinued)—
Bonds to fund floating debt of State
do
to Mississippi & Mexican Gulf Canal..
to Northern Louisiana & Texas RR. Co.
do
school & seminary, held by St. Treas..
do
to N. Orleans, Mobile & Chatt. RR
do
to N. Orleans, Mobile & Texas RR
do
N. O. Mob. & Texas RR. bonds, end. by State

Consolidated funded bonds
Bonds for N. O. & Pacific RR.
Maine—War loan bonds

Size

.

New Jersey.—The debt was created for war pur¬
poses, and is provided for by sinking funds,
which amounted Jan. 1, 1879, to $1,458,352. Of the
first
two classes of bonds the principal is pay¬
able $100,001 per year. In 1878 total valuation of
property was $531,851,649. Valuation of real property
in 1877, $419,729,400;
personal $123,868,381; fcotai,

$566,250,697, against $596,831,707 in 1V76, and $612,731,094 in 1875. State tax, 3% mills. (V. *8, p. 58.)
New York.—The following were valuations
for State purposes in the years 1859

tax rate

1865, and from 1871 to 1878:

Year.
1859
1865

Real Estate.

Personal.

$1,097,564,524
1,158,327,371

$307,349,155
392,552.314
452,607,732
447,248,035
437,102,315
418,608,955

1,599,930,166

and
and

State tax.

2%
4 53-80
5 79-120
9%
6 95-100
7%
6
3 11-24
3 1-6
2 9-10

1,644,379,410
1,692,523,071
1,750,698,918
1,969,352,703
407,427,399
2,108,325,872
357,911,401
1677
3?9,4'8,140
2,376,252,178
1878
364,960,110
2,373,418,490
The general fund debt was paid in July, 1878,
and the canal debt only, of about $9,000,0u0. now
remains. Town,county, and city debts estimated by
State Comptroller at $250,000,000.
(V. 24, p. 17, 49;
V. 26, p. 18, 117; V. 28, p. 42.)
North Carolina— Total property was assessed in
1876-7 at $148,564,557; 1875, $152,546,023; 1874, $139,953,361; 1873, $143,723,813. Tax rate 1878, 38 cents
on $100. Interest is paid on bonds issued to N. Car.
1873...A

RR.($2,800,000), as the State holds $3,000,200 stock
and receives dividends thereon.
Other interest in
default. A funding bill passed the Legislature Feb.
1879, which provides for funding old ante-war bonds
at 40 per cent of the iace value; “New” railroad
bonds recognized as valid at 25 per cent; funding
bonds of 1866 and 1863 at 15 per cent. All over¬
due coupons are to be surrendered ; ’he tew bonds
run 30 years, and hear 4 per cent interest; coupons
nre
for raves, the first coupon of 2

per

cent being payable January, 1881.

Sped

SECURITIES

STATE

VI

Subscribers will confer a great flavor by giving Immediate

For

Size

Date of
Bonds.

DESCRIPTION.

par

500 &c.
500 Ac.

1,000
1,000

Funding bonds, since war
do

Registered certificates of literary fund
Penitentiary bonds, act Aug. 24, 1868
Special tax bonds
Ohio— Register’d loan, payable after June, 1881
Registered loan, payable after June, 1886....
Oregon—Bounty bonds
bonds
Willamette Canal and Lock

1866

100 Ac.

1868
1867
1868

100 &c.

1860

100 Ac.

1856

100 &c.

1,000
1,000

war

1870

Pennsylvania—Reg. bonds, tax fr., (red’ble ’92).
Registered bonds, tax free, 15-25 years
Loan

Coupon loan (except $53,000 reg.), April 2
do
April 2
Stock loan of Feb. 2 (registered)
do
do
(registered)
do
do
(registered)

Agricultural College land scrip

...

Rhode Island—War bonds
War bonds
do
do
South Carolina—State stock
State House stock
do
bonds

Funding bonds and stock
Blue Ridge Railroad

bonds
Funding bills receivable
Payment of interest
Funding bank bills

Conversion bonds and stock
Land commission bonds
Fire loan bonds, sterling
do
stock, domestic

Bonds—Relief State Treasury
Reduction of Public Debt stock
Consolidated bonds, coup. (Funding act)
do
stock (Funding act)
Railroad endorsements
Tennessee—New funding bonds, act of 1873

May 2,1871)..
Frontier def’se,gold,act Aug.5,’70(red’ble ’91)
Revenue deficiency bonds, act Dec. 2,1871..
Bonds, act Mar.,1874 (for paying float’gdebt)
Vet’n Pension bonds, act Apl.,’74, (red’ble’79)
Redemption of debt, act Aug. 6, ’76
registered

Virginia—Old bonds, 23 fundable, coupon
Old bonds, 23 fundable, registered
do
sterling, not required to be funded
Consol.) Act Mar. ’71) coup, tax receivable—
do
do
reg., conv. into coup...
do
(Act 1872) “Peeler,” cp. not rec’ble
-

1874
Various.

1871

1872

do

a’so bonds t:> C'liatham
to Wiln-inpton A Tarboro RR., $15 ’,000, and for Penitentiary under acts
of 18t8.
(\. 24, p. 17, 226; V. 27, p. 678; V. 28, p.
tax bonds are ignorid, and
RR. 1F68. $1,030 1 CO, and

69, 200, 327.)

small State debt, but
large local debts, amounting in 1878 to $41,295 840, against $3<,328,5 9 in 1877. and $36,059,978 in
1876.
Valuations in 1877 were: Real estate in
cities, &c., $378,44.), 113; other, $706,347,619; per¬
sonalty, $490,5i4,810. Total taxes levied in 1877
$4,5r> 1,235 for f-tate purposes, 2 9 mills, and $22,975,512 on all local taxes. (V. 21, p, 17; V 28, p. 69.)
Oregon.—The debt is provided for by sinking
funds, payable Irom land sales. Taxable property
in 1875 was assessed at $41,197,149; X mill tax
was laid for Relief bonds and 1 mill for Bounty
a

very

bonds.

Pennsylvania.—'The new 5 per cent loan of $8,000,000 was sold to take up maturing nonas.
Total
debt
Noveu.ber 30, 1878, $21,583,260;
sinking
No tax is laid for State
purposes on real estate, and revenue is raised
principally from corporations. Taxes are levied
on personal property, which was assessed in 1877
at $159,318,8.7, and the tax was $574,817.
State
$3,504,899.

expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency.
The State holds *1.754,331 in stocks and $7,900,000
of railroad
bonds.
Any coupon bonds may
be changed to registered. The bonds due in 1877
are payanle at any time till 1882; those of 188V till
1892.
(V. 26, p. 16; V. 27. p. 149, 229; V. 28, p. 43,
146. 600; V. 2 *, p. 198.)

Rhode Island.—The debt was all created for war
purposes and is being steadily diminished.
The
raluation of real property in 1876 was $185,159,848,
and personal, $86,89-,928, and tax rate 15 cents on

$100.
baulk Carolina.—The fundii-g law approved Dec.
'22, 1873, provided for scaling down the old debt by
giving new bonds to the extent of 50 per cent, and




INTEREST.

Amount

outstanding.

Rate.

1872

1871
1871

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

&
&
&
&
&
&
&
&
&
&
&

6
7
7

J.
J.

& J.

26,500
130,991
160,000
8,000,000
2,000,000
2,000,000
395,000
87,000
90,400

7
5
41-2 ® 5
4
5 g.

412g.

5
6
5
6
6
6
6
6
3
6
6
6
6
6
6
6
6
6
5
6
7
6
6
6

9,251,850
723,950
500,000
975,000
200,000
631,000
738,000
17,411
289,172
192,000
238,933
469,000
72,000
149,000

1,000
Various

Various

1,000

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

242,350
451,000
13,000
481,944
151,780

500,&c.

7,000
Various
Various

i,‘66o
1,000
1,000

•

l,66o
1,000
1,000

100,&c.
100,Ac.
100,&c.
Various

Various

Payable

4
6
6
6
6
6
6
6
6
6
6

241,257
4,023,000
149,254
4,797,608
4,867,000
14,957,300
397,000
75,000
697,000
500,000
1,000,000
1,153,974
1,564,000
137,000

6,139,943

g.
gggg.
gggg.
g.
g.

6

g.
g.
g.
g.

6

f
l

o

2,359,500

5
6
6
6

923,646

6

15,239,370
212,833
4,640,990
(?>

6

2,331,250
18,582,900
1,641,615

*

*

-

*

do
do

Raleigh, Treasury.

Indefinite.

New York.
do

Oct., 1898

1898 to ’99

July, 1881
Jan., 1887

Phila., Farm. A Mech. B’k.

Feb. 1, 1902
Aug. 1, 1904

do
do
do
do
do
do
do

do
do
do
do
do
do
do

1884

-

July, 1882
July, 1882
Feb., 1877-1882
Feb., 1882-1892
Feb., 1882-1892

& J.
&
&
&
&
&
&
&

J.
J.
J.
0.
0.
J.
J.
& J.
J,

1922

Providence, R. I. H. A T. Co.
do

do
do

i

Sept. 1, 1882
April 1, 1883
July 1, 1893
Aug. 1, 1894
At pleasure.

do
do
do

Columbia, State Treasury.
do
do
do
do
Columbia and New York.

1877 to ’86
1871 to ’80

July 1,1887 to ’97
July 1,1875 to’79
July 1, 1888
July 1, 1888
July 1, 1889
July 1,1882

Columbia, Treasury.
Columbia and New York.
do
do
de
-

do
do
do

do
do

*

London.
Columbia.
Q.—J.
J. & J. Columbia A Fis. Agen. N.Y.
J. & J.
J. & J.
New York or Columbia.
J. & J.
do
do
A J. N.
A J.
A J. N.

J.
J.
J.

July 1, 1868
July 1, 1868
1888

July 1, 1893
July 1, 1893

Y., Fourth Nat. Bank.
do

July 1, 1914

do

1875 to 1900

Y., Fourth Nat. Bank.
State Treasury.
Various
M. A S. N.Y., Donnell.LawsonA Co.
do

A J.

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

Various.
1891
1911
1892
March 1,1904

do

do
J.
do
J.
State Treasury.
J. New York A State Treasury.
D.
Montpelier, Treasury.
New York.
A J.
A J.
Richmond, Treasury.

A
A
A
A

*

1894

July, 1906
Dec. 1, 1890
1886 to ’95
At

pleasure

J.

Loudon, Baring B. A Co.

J.
J.

Richmond, Treasury.

1905

1905

A J.

do
do
do

A J.
A J.

London, Baring B. A Co.

A
A
A
A

*

*

J.

declared void the conversion bonds to the amount

A committee to investigate bonds
and ascertain what consols were properly issued
was appointed in 1877, and reported January, 1878
(V. 26, p. 143), rejecting certain numbers of the
consolidated bonds. A court of claims to hear the
bondholders was appointed, and in December a re¬
port was mane, of which the purport is expressed
in Chronicle, V. 28, p. 18.
Total valuation of all
property—in 1873, real estate. $83,270,998; personal.
$32,836, 64; railroad property, $6,520,772; the total
for 1878-9, including counties not embraced in ab¬
stract, is put at $13237,956. Rate of taxation, 4#
mills.
(V. 26, p. 68, 143. 232, 257, 420, 463; V. 27, p.
141, 165; V. 28, p. 18, 378, 402.)
$5,965,000.

Tennessee.—New funding law is

given in Vol. 28,
353. The total debt Jan., 1879, was $20,221,309 in
outstanding bonds, and $4,156,522 in overdue int.:
there were also $416 000 bonds yet to be renewed and
$373,( 00 yet to be registered. The State’s endorse¬
ments for railroads are $1,308,000, which is taken care
of by the roads. Total valuations in 1878 $223,303,30% of which $192,310,815 was lands and “town
lots,” and $20.1-71.338 “other taxables.” The total
was $236 010,600 in 1877, $278,020,531 in 1876, and
$283,(38,583 in 1875. The rate of taxation was re¬
duced from 40 cents on the $100 to 10 cents by the
Legislature, in March 1877. Tennessee bonds sold
in New York as “old,” are those issued before 1862;
“New,” issued since 1862; “New Series,” the new
funding bonds. (V. 26, p. 68; V. 27, p. 42, 165, 599,
678; V. 28, p. 44, 97, 174, 200, 277, 353, 429, 454, 526,
580.)
p.

Texas.—For all bonds, except 10s of 1894, the
interest and 2 per cent of principal yearly are pro¬
vided for by special appropriations. The valuation
of taxable
property in 1878 was $213,2i 2.4.'4,

against $257.632,tx 6 in 1S76. Tax rate, 50. From the
Comptroller’s report, for 1876, we have the follow¬
ing statistics:
Total value of taxable property assessed. $257,632,009
State tax
1,288,249

*

1880
1880

Harrisburg Treasury.

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

1886

Contingent
1905

*

er

'

of

Jan., 1900
Oct., 1898

Y., American Exch. B’k.

J.
J.
A.
A.
A.

Q.-J.
J.
J.
J.
J.
A.
A.
J.
J.
J.

1868 to ’98
1868 to ’98
1868 to ’98

do
do
do

....

&
&
&
&
&

1868 to ’98

do
do
State Treasury.
do
do
do
do

....

"6
5 &
6
6
7
7
7
10
6
6

1909

New York.,

O.
J.
0.
J.
O.
J.
O.
O.
J. N.

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

M.
A.
J.
F.

Due.

J.

J.

&
&

J.
J.
F.
F.
F.

Principal—When

Where Payable and by
Whom.

When

(?)
$4,738,800
3,039,400
1,890,000
1,469,000
2,231,000
1,657,600
383,045
44,000
11,366,000
4,072,640
2,400,000

1,000
1,000
1,000

100
1874
1876
1,000
1862
506,Ac.
1851 to’66 500&C \
1851 to ’66 Vari’s )
£100 &c
1851
1871
100,Ac.

Interest on sterling debt, funded (Act 1871)..
Interest unpaid Sept. 30, ’78, on debt proper.
New Funding Bonds, 10-40s

Ohio.—Ohio has

50 &c.
50 Ac.
50 Ac.

1872
1871
1872
1874

.

do
reg.,
Deferred certificates (W. Va.)
do

1,000
1,000

1873
1873

Texas— Funding State debt (act

Vermont— War loan bonds,

100 Ac.
100 Ac.
100 Ac.

1877
1879
1879
1852
1852
1867
1867
1867
1872
1862
1863
1863
1864
1794
1836 to’61
1853 to ’54
1866
1854
1868
1868
1868
1869
1869 to ’70
1838
1838
1869

Dec., 1873

Bonds regist’d, act of 1873,($292,300 are 5s).
Held by E.T. University (not to be funded)...

fund,

$50 &c.

1879

North Gai'olina—Funding bonds tax-receivable.
Railroad and improvement bonds, old
Railroad and improvement bonds, old
RR. arfd impro v’t bonds, new (not special tax)
do
do
do
do

Modoc

notice of any error discovered in tliese Tables.

Value.

explanations see notes on first page of tables

do

or

[Vol. XXIX.

Poll tax
Miles of RR. in the State ass’d for taxes...
Value of railroads, &c
55,950,038 acres of land assessed at
Value of lots assessed in the State

(V. 23,

p.

452; V. 24, p. 535; V. 25,

p.

$211,034
1,493

$16,577,508

110,288,629
45,674 101
115.)

Vermont..— This State has

a very small debt—all
Of the registered bonds
$135,500 are held for Agricultural College.
The
sinking fund, Aug. 1., 1876, was $135,932.

created for

war

purposes.

Virginia.—The law of April, 1879, for re-funding

the debt, is given in Chronicle, Vol. 28, p. 353.
The Funding act of 1871 provided tha*
coupons
of the funded bonds should be receivable for
State taxes. For two-thirds of the old bonds a new
bond was issued, and fer the other y[ a deferred
certificate given (as the proportion due by West

Virginia). The act of 1872 amended that of 1871
by not allowing coupons to be received for taxes.
The

report

of W. F. Taylor,

Auditor, estimat¬

ing the

revenue for ihe year 1878-9, taxes the real es¬
tate assessment for 1877, which is $3,688, 9J
greater
than that of 1878. and estimates the assessed
value of personal property at $2,194,069 more than
for 1878; and without including interest on the

literary fund,

he figures

The annual interest
350,826, amounts to
was met for 1878 by

a

the

deficit of $770,608.

principal debt of $29 $1,742,833, of which $1,215,678
the receipt of theco pons for
on

leaving a balance of
including unpaid interest

taxes,

$527,187 unpaid, not
the literary fund.
Assessed values in 1878 were: real estate,
$242,702,503; personal, $73,984,368; total, $3lMn6,-72; in
1877, $326,027,346; of real estate in L76 was $242,756,548, against $251,573,611 in 1873. Tax rate, 5
mills. A case involving the taxation of consols is
on appeal to the U.
S. Supreme Cuurt. (V. 26, p.
68, 135, 181, <09, 232, 342, 359, 384, 420, 524; V. W,
p. 384. 599, 653; V. 28, p. 44, 70, 97, 121, 147, 174, 328,
353, 429; V. 29, p. 198.)
on

CITY

£0, 1879.J

August

Subscribers will confer a great iavor

For explanations see notes on first page

of tables.

Size

or

ii)6(>3

suppiy

value.

7sj

m

m

•

m

•

-

m

m

•

•

m

m

Various.
Various.
Various.
Various.

6s, ’87, J.&J.

Railroad loan

1861
Androscoggin Railroad..
1869
Knox & Uincoln Railroad ($23,750 each year)
1871-’72 Various.
do
do
•
(F.&A. and M.&S) ..
1852 to ’64
Boston— For city purposes, war debt. <fce
1,000
18G4 to ’77
1,000
For city purposes

do
do
registered
Burnt district, sterling loan
Consolidated street improvem’t,

1873

Dorchester debt, assumed
Charlestown debt, assumed

Mystic water debt, assumed
Brighton debt, assumed
West Roxbury debt, assumed
Water loan, Chestnut Hill reservoir

1869
1860 to’61
1861 to ’69
1862 to’73
1862 to ’76
1868 to ’73

1,000
Various.
500 &c.

1,000
Various.
Various.
•

m

•

m

•

m

...»

Bushwick

avenue

do

South Seventh street do
Union street
do

do
do

do

do
do

do

Albany.—The loan to Albany & Susquehanna
1st mortgage.
The valuation of
city property in 1818 was: Real estate, $32,5 >4 OtO;
persona I, S3, 748,800, estimated to be about onethird-of true value. City tax rate 1879, 2*84, against
is secured by

3'201ast year.

Atlanta—The total bonded debt Jan. 1, 1879, was

$1,815,500; floating debt, $382,415. Assessed value
of real estate in 1878, $12,230,000; personal property,
$5,"66,530. Tax rate for all purposes, $2 30 per
$100.

Augusta.—Of this debt, $600,000 was issued for
railroads, and balance for canal enlargement,
water works, &c. Sinking funds, Jan., 1879, $73,500.
Taxable valuation: real estate. $9,019,355; personal,
$4,692,370; tax rate, $1 50 per $109. (V. 28, p. 17.)
Baltimore.—The fiscal year of Baltimore ends
with December 31, instead of Oct. 31. The
total of all the sinking funds. January, 1879,
was $6,978,965.
The Baltimoi e & Ohio RR. pays in¬
terest on $5,000,000 loan: Water loan is paid by in¬

now

works, and Public Park by City Pas¬
R’y, and against ajtotal debt of f33,968,298,
the city has $22,959,098 productive assets, leav¬
ing $11,009,199, against which are held $4,841,612 of
unproductive assets. The basis of taxation is
$255,000,000. The amount required to be raised in
1879 is $2,959,633 by the
Register’s estimate.
come

of water

senger

The

tax

rate

to

cover

creased in 1878 frem $1

State taxes

fourteen months was in¬
75 to $1 90 on the $100.

having been increased from 17& cents

to 18^ cents on the $100, the total was therefore in¬
creased of city and State taxes from $1 92M In 1877
to $2 08& cn the $100.' Population in 1870 was 267,-




1865
1867
1866
1865
1866
1867

7,306,546
5,000,000

i,odo,ooo
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000

1,000,000
1,000,000
500.000

943,161
85,900
800,000

1,000,000
755,900
1,015,300
2,779,700
1,375,000
117,000
156,000
100,000
375,000

1,000,000
814,000

102,500
193,000
425,000
475,000
420,600
3,501,300

13,224,000

3,391,848

m

Soldiers’ aid fund loan

436,000
400,000
418,000
430,000
77,000
52,000
2,033,000

£100&c

-

Third street improvement loan, local
Gowanus canal improvement loan, local

1,000,000

£100&c

1867 to ’71
1,000
1871
do
renewal of loan due ’70-71, all reg.
£100 &c
1872
do
do
’72-73
Water works, Roxbury, coupon and registered 1868 to ’70
1,000
1871 to ’74
do
1,000
Roxbury & Dorchester
1871
do
Dorchester, all registered...
do
W. Roxbury A Brighton, all reg 1875 to’77
1876
do
do
reg....
1872 to ’75
1,000
Additional supply water
1878
do
do
registered
1878
do
do
do
1871 to ’74
1,000
Various purposes, for water works
1858-’7G
Water loan bonds, gold, coupon or reg.
1,000
1877-’78
Public park and school buildings, registered..

1877-’78
Improved sewerage, registered
1878-’79
Improved sewerage bonds, coup, and reg
brooklgn—Debt of Williamsburgh, local impr’t 1859 to ’61
1861
Brooklyn local improvement loan
1857
Mount Prospect Square loan

23,000
150,000
448,000
664,000
113,000
70,000
230,000
900,000
165,000

525,000
4,997,604

1878-’ 79

sterling loan.

$223,000

m

.

are

Rate.

When

Principal—When
Due.

Where pay able and by
wli om.

Payable

.

l’n

m

Bath,Me.—Fund, debt ($24,500

INTEREST.

Amount

outstanding.

par

1854
$1,000
1864
1,000
1866
1,000
Purchase Congress Hall Block
1870-’71
1,000
City improvement
1,000
Washington Park ($40,000 are 5s, due 1920) . 1870-’78
1874
1,000
New Post Office site
1875
1,000
High School
1851 & ’52
1,000
W [iter stock
1874-’77
1,000
Addit’ilal
($400,000 due
are
1877
1,000
Western Avenue improvement bonds
1865
1,000
Bonds loaned to Albany & Susquehanna RR..
’66-87-72 500 &c.
Atlanta, Oa.—Bonds for streets, &c
1869-’70
1,000
Bonds, A. L. Railroad and State House
1872 &’77 500 &c.
Bonds for West, RR. and floating debt
1874
1,000
Bonds, 1st and 2d series, waterworks
500 &c.
1877
Redemption bonds
1875
1,000
do
250 &c.
Various.
Augusta, Oa — Bonds for various purposes
1879
New bonds (for $03,000)
.
100 &c.
Various.
Baltimore—Consolidated loan of 1890
100 &c.
1877
Water loan, reg. stock, red. at will after 1910
100 &c.
1878
Funding
loan, reg. stock, tax free
100 &c.
1863
Consolidated bounty loan
100 &c.
1865
Exempt bounty loan
100 &c.
1860
Public parks (Druid Hill)
100 &c.
1863
Park improvement loan
100 &c.
1853
Five million loan to Baltimore & Ohio RR....
100 &c.
1853
One million loan to Pittsb. & Connellsville RR
100 &c.
1868
New City Hall
1
100 &c.
1870
do
do
100 &c.
1874
do
do
100 &c.
1864
Consolidated loan
100 &o.
Court house loan
100 &c.
1870
Funding loan
100 &c.
1872
Western Maryland Railroad.:
1872
100 dec.
Jones’ Falls
1873
Valley Railroad
100 &c.
1874
Water loan ($263,000 only are 6s)
Endorsements for Western Maryland RR
do
do
Union Railroad
1858 to’72 100 &c.
Bangor, Me— City debt proper
1874
1,000
Municipal loan
500 &c.
1875
Water loan bonds, coup. (Act Feb. 22, 1875).
1869
1,000
European & North American Railroad
1869
1,000
Bangor & Piscataquis Railroad

Albany, N. Y — Albany & Northern Railroad
Relief of drafted men

Vll

by giving Immediate notice ot any error discovered in these Tables,

Date of
bouds.

DESCRIPTION.

SECURITIES,

.

.

.

m

m

m

m

<s

•

.

•

•

m

m

m

m

100 &c.

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

311,150
97,500

1,060,000
1,153,000
57,141
370,000
2,040,000
688,000
1,947,273
700,000
415,000
375,000
360,000
100,000

648,000
588,000
12,000

426,000
3,454,000
550,000
168,000

1,210,000
138,000
213,000
90,000
552,000
302,000
212,000
200,000

238,000
260,000

6
6
6

7

5, 6 & 7
7
7
6
6 & 7
6
6
8
7

8
7
8
10
7
6
6

5
5
6
6
6
6
6
6
6
6
6
5
5
6
6
6
6
5 &
6
6
6
6
6
6
6 &
5 &
6
6
6
6
5
6
4
5

M. & N.
New York,
May, 1879
do
J. & D.
June, 1880 to ’84
F. & A. Boston, Merchants’ Bank.
Feb., 1885 to ’94
M. & 8.
New York.
March,’80 to 1900
1910-’20
Various
do
M. & N.
do
May 1,1904
do
M. & N.
May 1,1879 to’85
do
F. & A.
Feb., 1881
do
Feb. 1, 1893-1912
F. & A.
do
Feb. 1,1883-4-5
F. & A.
M. & N.
New York.
1895-’97
J. & J. Atlanta & N. Y. Park Bank,
1881, ’86 & ’92
do
do
J. & J., 1890
J. & J.
J. & J.
do
do
J. & J., 1902
do
Jan. 1, 1904
J. & J.
do
do
J. & J.
do
Jan. 1,1897
M. & S.
do
do
Sept. 1,1885
Various
1879 to 1903
Augusta,
do
June 1, 1899
J. & D.
-

Baltd., Farm. & Plan. Bank.
Balto., N. Mechanics’ Bank,
do
do

Q.-J.
M.
M.
M.
M.

&
&
&
&

N.
N.
S.
S.

4*2
5
4
6
7
6
7
6 & 7
7
7
7
7

July 1,1916
July, 1916
Sept. 1, 1893
Sept. 1, 1893
Sept. 1, 3)890
Jan. 1,1895
Jan. 1, 1890
Jan. 1,1886
July 1,1884
April 15, L900
March 7,1902

After

e

do
do
do
do

Q.— M.
Q.—J.

do
do
do
do

Q.—J. Balto., Farm. & Plan. Bank.
J.

& J. Balto., N. Mechanics’ Bank.

Q.-J. Balto., Farm. & Plan. Bank,
do
do
do

Q.—J.
Q.—J.

do
do
do

After 1885
At will.

Q.-J.
Q.-J. Balto., N. Mechanics’ Bank.
Q.-J. Balto., Farm. & Plan. Bank.
J.

July 1,1900
Jan. 1,1902

& J. Balto., N. Mechanics’ Bank,
do

Q.-F.

& 0.
& J.
6
& J.
& J.
Various
J. & J.
J. & J.
J. & J.
A. & O.
7
M. & S
6
Various
A. & O
J. & J.
Various
g. Various
Various
Various
g. A. & O.
5 g. J. & J.
5, 5*2, 6 Various
Various
7
Various
5 <fc 6
Various
5 & 6
6*2 & 7 Various
6*2 & 7 Various
6
Various
A. & 0.
6
5 g. A. & O.
Various
6
6
Various
6
J. & J.
Various
5 & 6
5 g.
6
4
5
6
5 g.

July 1,1890

A.
J.
J.
J.

.

April 9, 1900
Oct. 31,1886
July 1,1894

Baltimore.Register’s Office.
Balto., N. Mechanics’ Bank. Jan. 1 ’90 & 1900
Jan 1, 1895
Baltimore, Franklin Bank.
1878 to ’92
Boston, Merchants’ N. B’k.
Boston or Bangor.
Jan. 1,1894
July 1, 1905
Boston, Merch’ts’ Nat. B’k.
do
do
Jan. 1,1894
do
do
April 1. 1899
1887 & 1898
City Treasury,
do
*83, ’85 & ’98
City Treasury and Boston, April 1, 1891
do
do
July 1,1880 to’99
'

do

1891 & 1902
1880 to ’87
1880 to ’97
1887-’89

do

Office

Boston, Treasurer’s
do
do

do
do

April, 1893
July, 1899

London, Baring Brothers,
do

to ’84
to’81
to ’93
to’94
to ’81
1880 to ’91
1880 to 1901
1879
1879
1882
1881
1880

Boston, Treasurer’s Office,
do
do
do
do

do
do
do
do
do
do
do

do

do
do

April, 1901
Oct., 1902
1880 to ’99

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

A. & O.

Various
A. & O.
A. & 0.
Various
A. & O.

Various
A. & 0.
J. & J.
J. & J.
M. & N.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.

354, against 212,418 in 1860. (V. 22, p. 589; V. 23, p.
514; V. 24, p. 12; V. 25, p. 137, 334.)

do
do

do

do
do
do
do

1901 to 1903

do

1902 to 1905
1908
1908
1901 to 1904
1905 & 1906
June & Oct., 1887

Jan., 1901
1905 to 1907

April, 1906

do

do
do
do

do
do
do

Oct., 1897
Jan. 1, 1899
1879 to ’81
1891
1887
1885 to ’94
1881
1879 to 90
1879 to’90
1879 to ’90
1879 to ’86

Brooklyn.
do
do

-oS

do
do

§§31
o®2

do
do

&SS

do
do

ciation

in

o

and personal in four years of
The total tax levy is reduced from

real

$181,514,300.

$10,523,136 in 1875 and $7,679,150 in 1878 to $7,492,-

This tax is divided as follows: State, $206,370; county, $369,200; city, $6,916,940. Therate on
$1,000 is divided as follows: State. 20 cents;
county, 46 cents; ciiy, $1184. The total number
of polls is 89.452, a gain of 3,533. (V. 26, p. 39; V.
27, p. 40; V. 29, p. 145.)
510.

Bangoi', Me.—The valuation of real and personal
property in 1879 is $9,078,445; rate of taxation, 2 14.
The loans to European & North American Rail¬
road and to Bangor & Piscataquis Railroad are
secured by first mortgages on those roads.

Bath, Me.—The city holds a first mortgage on
Androscoggin road for the debt, and 2d and 3d
mortgages on the Knox & Lincoln for its propor¬
tion of $895,000 out of a total of $2,395,000 bonds
issued by several cities iu aid of the latter road.
Unexpended balances of appropriations and 3 per
cent on city debt are appropriated annually to the
liquidation of the principal. Tax valuation, 1877,
$'<,267,690; tax rate, $24 50 per $1,000.
the

Boston.—The population of Boston in 1870 was
292,497, against 177,840 in 1860; in 1875 it was 341,919.
Valuation of real property in 1879, including the re¬

annexations, was $429,786,300, against $440,336,300 in 1878; and personal, $183,457,300, against
$190,060,900 in 1S78; upon which the rate of taxation
for 1879 is $12 50, against $12 80 per $1,000 in
1873.
The total funded debt April 30, 1879, was
$42,359,816.
The total valuation in 1879 is $612,-

cent

253,600. The total valuation last year was $630,446,800. The decrease this year is $11,589,600 on
real estate and $6,603,(100 on personal, making a
total decrease of $18,193 200. The valuation of real
estate in 1875, when it was at its maximum, was
$558,769,500, and since then there has been a depre¬
ciation of $129,GO'»,UOO. The loss on personal since
1875 has been

$51,000,000, making a total depre¬

Brooklyn.—There are

also $25,000 7

National Guard bonds due 1880-81.

debt

was as

follows

on

per cent
The whole city

December 1,1878 :

$29,401,506

Permanent loans

4,781,978

Sinking funds
Balance
Loans chargeable on
Tax certificates

specified property

.

$24,619,522
9,756,000
3,100,000

$37,475,318

Total net debt

The uncollected taxes were $449,155 on personalty
and $4,675,715 on real estate. The debt increased
in 1876 $781,623, in 1877 $659,382, and in 1878 $1,235,566.
Population in 1870,396,200. against 266,661 in
1860. Valuation of property and tax rates per $1,000
for five years have been:

Real.

1874...... r.... $204,132,803
1875...../.... 208,904,750

Personal.

Rate.

$16,136,304

$36 50
34 27
32 54
31 70

27 02

1876... ..\...

213,134,543

1877

216.481,801

16,287,125
13,818,580
13,111.215

218,373,093

14,968,911

187?:;/..:.:..

CITY

Vlll

SECURITIES.

\Voiu XXIX.

by giving Immediate notice of any error discovered In these

Subscribers will confer a great favor

INTEREST.
Date of
Bonds.

DESCRIPTION.
For explanations see notes on

first page of tables

Brooklyn—( Continued)—
Fourth avenue improvement loan, local

1862
1867
1867

-

do
do
do
do
Wallabout Bay
do
do
do
Kent avenue basin
do
New York Bridge loan, registered and coupon
Bonds for N. Y. & Brooklyn Bridge, cp. orreg.

Prospect Park loan, registered and coupon
Prospect Park loan
1

...

Permanent water loan
do
do

i.

■Sewerage fund bonds, continuous, local
do
do
S’th B’klyn
Assessment fund bonds, continuous, local
....

Central and Knickerbocker
Boulevard bonds

av. sewer

1869

1870
1876-’79
1860 to '73
1860 to ’72
1857 to’72
1872 to’75

1877-8-9
1877-8-9
1877-8-9
1870

bonds..

Buffalo & Jamestown Railroad
Buffalo New York & Philadelphia
Water works bonds
Water bonds, coupon
Park bonds (Act May 17, 1875)
Tax loan bonds
Water bonds, reg

Bonds, coup,

Railroad...

or reg

Cambridge, Mass—City bonds
City bonds
do
do
do

do
Water loan
do
do
do
do

Charleston, S. C.—City stock
coupon
Fire loan bonds, coupon

Conversion bonds, to redeem past due
Chelsea, Mass.—Funded debt, coup
Funded debt, coup

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

1868 to ’76
1876
1876

1000 &c
500 &c.

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

1,000
500 &c.

1,000
1,000
1,000

1S66

•

•

m

m

*

a

Water loan

m

m

m

m

Sewerage bonds

•

-

•

•

Chicago—Water loan

•

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

1,000
1,000
Municipal bonds
500 &c.
Municipal and School bonds
South Park loan (secured on South. Div.)
1870
West Chicago Park (secured on West. Div.)...
1,000
1863 to ’72 500 &c.
Cook County debt
Cincinnati— Loans to Railroads.F,A, G,H,I& M 1844 to ’54
1,000
1855
Bonds to 0.& M. RR. to purchase wlif. prop.N
1,000
1868
Bonds for erection of a Workhouse
1,000
1868
Bonds for Water Works
C2&C3
1,000
Bonds for Common School purposes
1,000
P 1860 to ’61
1855
Bonds to O. & M. RR. to purchase whf. prop. .N
1,000
Bonds for ext. ana impr. Water W..C, D. &E 1847 to’50 500 &c.
Bonds for funding floating debt
A2 1847 to ’48 500 &c.
Bonds for new Hospital
1,000
S&S2 1867-’68
1853
Bonds for funding floating debt
1,000
L
1853
Extension and improve. Water Works.. .K &F
1,000
1858
Bonds to purchase Orp’n Asyl. grds. for park.O
1,000
1869
Bonds for sewerage
1,000
R
1869
Bonds for improving Gilbert avenue
1,000
U
1869
Bonds to build Eggleston avenue sewer
1,000
B3
1871
Bonds for improvement
1,000
W
Bonds for Water Work purposes
1,000
C4&C5 1871-’72
1871
General improvement
1,000
W2

bonds

*

1872-’74

1874
do
1876
do
($3,142,000 are gold 6s)
1878
do
do
1874
Floating debt bonds, coupon
1875
Park improvemeut
1875
D1
Water-works bonds
1876
Hospital bonds
1876-’77
Street improvement bonds, short
Cleveland—Water works ($225,000 are 6 p. ct.). 1854 to ’75
1854 to’74
Funded debt ($100,000 are 6 p. ct.)
1872 to’74
Lake View Park
1874 to’76
Canal and canal lock

The debt of Kings County, separate from the debt
of Brooklyn, is $4,181,821, of which the city is

responsible for nineteen-twentieths.

Y. 26, p. 282: V. 28, p. 41.)

1875 real and

Buffalo.—In

(V. 25, p. 358;

personal property

assessed at $39,968,105; in 1876 rule of valua
tion changed and assessment was $111,991,905.
In
1877 real estate «as $91,130,*70; persona'ty, $8,844.705; total, $99,975,575 Buff do also pays 7-10 (being
were

$712,390) of Erie county debt. City tax-rate, 1877,
$12 43 on the $1,0i0. Since June 1, 18<7. coupon
bonds have been exchangeable for registered. (V.
22, p.233, 521; Y. 23, p. 135.)

Cambridge, Mass.—The sinking funds amounted
$8-6,566. December 1, ls77. The investments are
nearly all in city b >nds at par and stamped “ not

to

negotiable.”

Only $52,000 debt

matures before
$55,1875,

1881.
Tax valuation, 1875. $66,623,014; 1877,
000,000. Total debt, $4,805,175. Population,

47,8^8.

Charleston, S. C —The bonds of Charleston are

mostly held within the State of South Carolina.
The assessed value of real estate in 1819 was $17,1 2,-

personal, *7.114 754; rate of tax, $2 00 per $100.
(Y. 26, p. 360; V. 27, p. 407.)

610;

Chelsra, Mass

—

Sinking fund, $70,543, and $21,000

to be added annually. Tax valua ion, 1878,
407; rate, $1 76.
Total debt, $1,59:,352.

$15 76?,-

Popula¬

tion, 1875, 20,737.

Chicago--The net funded debt January 1.
was *4°.057,000.
Old certificates of indebted¬
ness, $321 00)
Advances nnd warrants, 42,2'0,4« 1.
Assessed \alue of real property, 1878, $104,420,1879,




175,000

99,000
100,000
150,000
1,597,000
689,000
514,000
100,000
774,000
55,000
485,000
162,000
3,899,154
51,500
252,700

500 &c.

do

Cincinnati Southern RR
do
do

7

lOOiOOO

debt...

m

7

4, 5, 6, 7

50,000

m

4,5,7

618,000
842,000
3,100,000
2,099,250
1.000,000
700,000
2,729,382
100,000

704,632

m

7
6
6
7

4,612,000

1878
1879
1858 to ’63
1864
1863
1856 to’76
1873-’74
1874-5
1866
1866 to ’77
1865 1867 to’75
1869-71

m

5, 6 & 7

100,000

500 &c.

1,000
500 &c.

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

500,000
149,000
1,170,000
100,000
200,000
624,500
3,625,000
87,000
2,543,000
2,611,000
195,000

3,408^000
2,000,000
640,000
4,191,500
1,062,000
210,000
250,000

300,000
99,000
195,000
397,500
146,500
750,000
60,000
175,000
100,000
150,000
150,000
100,000
136,000
450,000
600,000
700,000

9,300,000
6,000,000
2,000,000
1,000,000
50,000
300,000
50,000
300,000
1,700,000
1,431,000
315,000

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

J.

7
6 & 7

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

,

’

1853

18 >0

!86S
1869
1*70

31,19;. 135

5 855,377

»

Tax

$....

5,355.893
5,843.776
5,552,300
19,447.941
51,392,604
53,939,469
51,613,640
52,342,950
52,81 ,820

00
00
00
00
00
15 00
10 00

45.042,540

15 00

18 00

45,155,830

18 00

131,222,460
11 ,684 314

48 295,041
36,815,7H
34.715 834

....

27 04

104,420,053
27,561,383
28 60
Population in 1870 was 3 -6,005, and in October, 1878>
436.731, against 109,250 in 1860. The South Park,
West Chicago Park, and Lincoln Park loans are not
debts of the city, but of distinct corporations.
(V. 23, n. 622: V. 24, p. 443; V. 26, p. 192, 289, 436,
522; V. 28, p. 223.)

7/incinnatL—In

addition to

L

'g 2

©

os

P-M

3 years
3 years
3 years

from date
from date,
from date.

1880
1875
1878-1881
1879 to 1895
1893 to 1895
1881 to 1893
1879 to 1926

o

U

July 1, 1896

Prior to 1936

July, 1879-’83
Sept. 1, 1898
1899
1879 to 1882

April 1,1889
Jan. 1, 1893
Jan. 1,1881 to ’9«
Jan. 1, 1903-4-5
Apr.& Oct. l,’84-5
July 2, 1886
July 1,1861 to ’97
Aug. 1, 1883
Apl. 1, 1887-1895
May, 1889-1891
1878 to ’98
1883 to ’84
1890
1879 to 1883
1879 to 1895
Feb. 17, 1883

Aug. 1,1887-’95
1880 to ’98
July 1, ’82 to '95
July 1,1880
1880 to ’95
1890 to ’95

July, 1895 & ’96
1881 to ’99
1878 to ’79
1890

May 1,18S0-’92
1880 to ’84

Nov., 1885
June, 1888
1888 & 1889

Jan., 1890
Nov., 1890
April 1, 1895
March, 1897
1897

Jan., 1900
June & Oct., 1900

March, 1908
Sept., 1899
Sept., 1899
Oct., 1899
March 1, 1886
Aug., 1886-’97
Dec. 1, 1891
July 1, 1902
July 1, 1902
May 1, 1906
Nov. 1, 1908
May 15, 1904
Jan. 1, 1896
Aug.*’85, ’90 &’95
May 1, 1906
■

'

the

1879 to’95
1878 to ’94
1887 to’92
1894 to ’96

named, there remain several smaller amounts, as fol¬
$108,000 5s, November, 1834; $56,060 (YY2, &
O.) 6s,1886-88; $17,000 6s (Q.), Nov., 189); $27,000
6s (A.), Mar., *.897; $50,000 (H2.), Aug., 1897. City
holds $950,000 of Cincinnati Southern bonds in
sinking funds. In 1810 the population was 216,239,
against 161,044 in 1860. Tax rate for 1877, $29 10
per $1,000.
The following table from the books
lows:

of the Auditor of Hamilton County,
the assessed valuation of the city of
the year 1860, and from 1810 to 1877:

Real
Year.
estate.
I860.. $61,620,904
1870

15
20
13
14
15

49,103,175
.

x?

ce c

Ohio, exhibits
Cincinnati in

Rate.

262,969,820

125,468,6 )5

.

a d

1879 to’82

$3,711,154

258,549,310

GC

<■<

Various N. Y., Am. Exch. Nat. B’k.
do
do
Various
do
do
Various
do
do
Various

6 &7
6 & 7
7
7

;.... 239. 54,890

1873
18-4
H15
1876
1-77
1878

do

a

-

$13,130,677
2',637,5)0
25.892,30 3

236,898,650

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

,

Personal.

223,643,600

1879 to ’95
1879 to ’95
1879 to ’90
1879
1901 to ’24
1907 to 1912
1915 to’24
1915 to’24
1881 to 1908

Brooklyn.

'

Assessed Value.

545
66,495,116
140,857.040
174,505,410
211,3 1,240

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

•

Real Estate.

31,58*

1862.

Whom.

Various
Buffalo and New York.
Buffalo.
Various
Various
Buffalo and New York.
do
do
Various
N. Y.. Gallatin N. Bk.
J. & J.
M. & S.
Buffalo & New York.
*lo
do
5, 6 & 7 J. & J.
do
do
M. & S.
5
do
Various
do
5
Various Boston, Bank Redemption.
5
A. & 0.
do
do
5
Boston Tremont Bank.
5 g. J. & J.
6
J. & J. Boston, Bank Redemption.
do
do
6
J. & J.
do
do
A. & 0.
6
do
J. <fc J.
do
6
J. & J.
do
do
6
do
F. & A.
do
6
A. & O.
do
do
6
do
6
M. & N.
do
Charles ton.
6
Q—J.
do
6
Various
J. & J.
7
New York City.
7
A. <fc O. Boston, N. Bk. Redemption
5*2
do
do
6
Various
do
do
F. & A.
7
do
do
F. & A.
6
New York and Boston.
J. & J.
6
do
do
J. & J.
7
do
do
J. & J.
6
do
do
J. & J.
7
do
do
7
J. & J.
do
do
6
J. & J.
do
do '
J. & J.
7
do
do
J. & J.
7
New York (see remarks.)
J. & J.
7
M. & N. N. Y., Metropolitan Bank.
7
Various N. Y., Am. Exchange Bank.
6
do
do
M. & N.
6
do
do
7 3-10 J. & D.
do
do
7 3-10 Various
do
do
J. & J.
6
do
do
M. & N.
6
do
do
A. & O.
6
do
M. & N.
do
6
do
do
7 3-10 Various
do
do
J. & J.
6
do
do
6
Various
Cincinnati.
M. & S.
6
7 3-10 M. & S. N. Y., Am. Exch. Nat. Bk.
do
do
7 3-10 M. & S.
do
do
7 3-10 A. & O.
do
do
7 3-10 M. & S.
do
do
7
F. & A.
do
do
J. & D.
7
do
do
J. & J.
7
do
do
7 3-10 J.
J.
New York or London.
6g. or 7*3 M. & N.
M. & N. N. Y.t Am. Exch. Nat. B’k.
6 & 7
do
do
M. & N.
7
do
do
J. & J.
7
do
do
F. & A.
7
do
do
M. & N.
7

053; personal, $27,561 383-total, $131,981,436. Tax
rate, 1878. $2 86 3-10 on the Illinois State valuation,
and the city debt is limited to 5 per cent of that. A
decision of th^ III. Supreme Court in Feb., 1^78,
held the certificates of debt issued prior to May,
1877, as in violation of this and void. A subse¬
quent decision held city scrip of 1873 valid. Of the
funded debt, $4,218,000 is on account of the
Water Works, which in 1578 yielded an income
of $897,176.
YMr

Principal—When
;
Due.

7
7
7
7
6
6

264,000

....

Where Payable and by

Payable

6
7
7
7
7

l'650,000

1,000

When 1

Rate.

8,019,000
1,217,000
9,777,500
1,439,500

1876-77-78

do
Water loan, coup

'

453,000
427,000
3,000,000
4,900,000

1853 to’54

City bonds,

River improvement

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

|1853 to’75
1871 to ’73

outstanding.

$170,000
201,000

1,000

1873 to’75

Amount

$1,000
1,000

1873
1876 to ’78

57681
Temporary tax certificates
Buffalo, N. F.—Funded debt bonds

Size or
par
Value.

Tables.

issues above

78,736,482
123,427,888
119,021,856
121,479,230
123,231,790
125,9:6,835
127,143,900
1877.. 128,826,270

1871..
1872..
1873..
1874..
1575..
1876..

Personal
estate.

Total
valuation.

$31,411,812
57,370,754
56,9:34,044
55,462,410
64,165,460
58,718,284

$93,032,716
136,107.236
180,361,932
175,084,291
185,645,740
181,910,074

Rate tax
per

$1,000.
$17 45
31
22
20
23
23

60
20
10
06
38
28 82
27 04
29 10

184.498,565
183,952,9 i6
179,430,1)2
1879..
ln8,0 0,00 i
—The city is the sole owner of the stock of the
Cincinnati Southern Railroad, which is lea-ed to a
company formed to operate it. (V. 23, p. 379, 514;
V. 24, p. 11; V. 25, p. 16; V. 26, p. 384, 469 522; V.
27, p. 94, 172, 251, 280, 677; V. 23, p. 624; V. 29, p. 17.)
Cleveland.—The valuation of property foi taxation
m 1877 was $51,732,029 real, and #19.296.122 pe-*s >nal;
tax rate, 1878,17 17-26 mills, of which 8 1 -5 mills are
levied for interest and sinking fund. The sinking
fund, Jan.,’76, amounted to $1,700,000, market value.
The sewer, street improvement and street opening
bonds are for epeci il local improvements, and
redeemed by assessments on the property bendfitted. (V. 27, p. 677.)
58,521,730
55,809,066
50,069,872

August

lx

CITY SECURITIES,

30, 1879. |

immediate notice of any error discovered In

great favor by giving

Subscribers will confer a

INTEREST.
Date of

DESCRIPTION.
For explanations see notes

on

Size

bonds.

first page of tables.

outstanding.

When

j

Rate.

payable!

6 <fc 7
7
6 & 7

Various
J. & J.
Various
Various

Bonds
Bonds
Des Moines, Iowa—Bridge

1878
1870
1875
1878
1855 to ’59
1855 to’76
1859 to ’71

bonds

Renewed judgment and loan fund
Funding bond fund
Detroit, Mich.- Bonds for various City purposes
Bonds for Water Work Co., on city’s credit...
Public Building stock (City Hall)
Public sewer bonds
Bonds for purchase Belle Isle

Elizabeth, N. J.—Improvement

bonds

1872 to ’74

Tax arrearage

'1870 to ’75

1872 to ’73
1865 to ’66
1875-’76

1868
1869
1869
1869
1870
1876
1876
1877

bonds
1

*

Water works bonds.

Redemption bonds
do
do
do

do
do
do

City bonds

1,000
m

m

m

m

1,401,000

1,000

600,000
340,500
200,000
297,500
986,000
755,000
90,000
66,000
1,575,000
712,000

....

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

250^666

whom.

*

do
do

Fitchburg, Mass.—City notes
City bonds

7
7

5, 6,7

600,000

5 g6
6
6
6
7
6
6
6
10
8
8
10
6
6
6
6
6
6
6
6
6 & 7
6
6
7
6
6

400,000

200,000
372,000
850,000
50,000
400,000
300,000
100,000
467,800
362,700
35,000
414,000
250,000
125,000
475,000

1,000

County bonds, G. C. <fc S. F.

RR—

($50,000 due’81)

1,000
1,000
100 &c.

202,000

1,000
1,000
1,000

City bonds (H. P. &F. RR )
Park bonds (4 of these bonds are for $500 each)
Funded debt

Capitol bonds

500,000
130,000

1,000‘

300,000

1,000

1,000,000
227,000

1,000
1,000
1,000

243,000

500

155,000
500,000

1871-’74

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

($60,000 are J. & J.)
Indianapolis— Bonds to railroads
Bonds to Un. RR. Tr. Stock Yard (mortgage).

1874
1872
1873
1869 to’70

Loan bonds, series A
do
do
B
do
do
C
do
do
D

Purchase-money bonds—Southern Park
Jersey City—Water loan bonds, mostly coupon.
Water loan bonds, mostly coupon
do
—
do
do
Forty-year bonds
Improvement bonds
do

Morgan street dock
Funded debt bonds

Jersey City bonds, coupon

bonds
Bergen school loan bonds
do
street improvement bonds
do
bounty loan
Greenville street improvement bonds, &c
Hudson City

Assessment funding bonds
Revenue bonds, coupon or registered

Two-year temporary loan, June 17,
Des Moines, Iowa— Assessed

7

187S

value of properry.

$5,104,54 •>, wh ch is about 50 per cent of true
Tax rate, $5 per $100.

value.

1877

1,000

1873
1874
1874
1875
1874
1852 to’67
1869 to ’73
1877
1873
1871
1872 to’76
1870
1872
Various.
Various.
1869
1869
Various.
Various.
1875-’76
1876
1878

1,000

250,000

226,500
300,000
300,000
300,000
200,000
109,500
1,163,000

1,000
1,000
1,000
500

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

3,109,800
416,000

622,000

1,869,000
2,161,500
125,000
500,000
885,400

500 &c.

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

l,000&c
l,000&c

73,000
125,500
900,000
400,000
500,000

Various
500 &c.

....

debt, $894,993.

173,550
150,000
400,000

7*3
7*3
7*3
7*3
7*3
6
7
6
7
7
7
7
7
6 & 7
7
7
7
7
7

7

M.
M.
J.
J.
J.
A.
M.
J.

Elizabeth, N. J.-default was made in interest
Feb. 1, lr.79, see V. *28, p. 146. Suits on bonds are

Total bonded and floating debt Jan. 1,
1879, was stated at $5,823,865. Estimated true value
of real and personal property, $28,000,000; assessed
valuation, $14,400,000. Tax rate is $3 56 within
the lamp and water district. Population in 1875,
25,000. (V. 27, p. 4ol, 539; V. 28, p. 146.599, 624,641;
pending.

V. 29, p. 1.0.)

Evansville, Ind.—No floating $ebt.
ment of real and

Total assess¬

personal property in 1878, $23,-

500,000; tax rate, $1.25.

now

completed.

tion, lb7d, 45,340.

Total debt, $3,557,047.

Fitchburg, Mass.—SinkiDg fund, $69,500.




Popula¬

Total

do

do

1892 to ’94

L. & T. Co.
do
do
do
do

May 1, 1898
May 1, 1899
Dec. 1, 1890
Dec. 1, 1895
July 1, 1895
April 1, 1906
May 15, 1906
June 1, 1907

do
do
do
do
do
do

-

*

....

....

Population, 1875, 12,289.

(V. 28, p. 599.)

Holyoke, Mass.—Bonds all coupon, but can be
registered.
Sinking fu id, $12,000.
Total debt.
$96 ;,5J0. Tax valuation, 1877, $9,399,820. Popula¬
tion, 1875. 16,260

Indianapolis.—The assessment of taxable prop¬

erty in 1878 was $50,029.97o; tax rate, $1 08 per
$100. The School Board is a distinct organization
and levies its own tax, which is included in tax
rates and amount above given.
There are a few
other small issues, amounting
in all to about

$50,000.
Jersey City.—One of the main cause?

1885 to ’96

do

New York.
do
do

....

of the
found
Thi

Evening Post writes, as quoted at length in the
Chronicle, (Vol. 28, p. 173) that an~ examina¬
tion of tne assessments charged against property
will show that this account ha* never yielded
enough to pay more than the intA-esn on its own
bonds, and since 1874 it has not suffic d for that.

1879 to’81
1880 to’95
1881 to ’93
1879 to’86

Various
City Treasury.
do
Various
F. & A.
Boston, Revere Bank.
M. & N. Boston, Bank Redemption.
do
do
M. & N.
do
do
M. & N.
do
do
F. & A.
M. & N.
City Treasury.
J. & J. Boston, Merchants’ Bank.
do
do
J. & J.
do
do
J. & J.
Galveston. '
Various
do
M. & S.
do
M. & 8.
New York.
J. & J.
J. <fe D. Merchants’ Bank, Boston.
do
do
J. & J.
Phoenix Bank, Hartford.
J. & J.
F. & A.
City Treasury.
Suffolk Bank, Boston.
J. & J.
F. & A. Merchants’ Bank, Boston.
J. & JCity Treasury.
do
J. & J.
Various
City Treasury.
do
A. <fc 0.
do
J. & J.
do
A. & O.
Jau.
City Treasury.
N. Y., Winslow, L. & Co.
J. & J.
do
do
J. & J.
do
do
J. di J.
do
do
J. & J.
do
do
J. & J.
do
do
J. & J.
J. & J. N. Y., Merch. Ex. N. Bank.
do
do
Various
do
do
J. & J.
do
do
J. & J.
do
do
M. & N.
do
do
Various
do
do
J. & J.
do
do
M. & N.
do
do
Various
do
do
Various
do
do
J. & J.
do
do
J. & J.
do
do
Various
do
do
J. & J.
do
do
Various
do
do
J. & D.

temporary embarrassment of Jt-rsey City is
in the failure to collect back assessments

Fall River, Mass.—The sinking fund amounted to
The water works are

$143,068, January 1, 1877.

mended.

*

& N.& D.

Galveston, Texas.—'The total city debt is $8fi5,500,
outstanding of which all are 10 per cent currency, except
$35,000park 8s, due 1892-1902, and the limited dtbt
are '*jgiven less those held by sinking fund.
The bonds.
Assessed value of real and personal prop¬
population in 1370 was 70,001 ;"in 1874, by State cen¬
sus. 101.063.
The value of waterworks is $2,483,880, erty. 1878, $17,00l) 0j0. Tax rate, $1 25 on $100.
against a debtof $1,401,000. The waterworks bonds (V. 25, p. 283.)
are issued on a pledge of the city credit, and $75,000
Hartford, Conn.—Total debt, April, 1878, $3,050,per year collected in taxes to pay interest on them.
Assessed valuation, in 1878, real and personal prop¬ 00.9; net. after deducting resources, $2,152,100. lax
rate in 1877, 9X mills for city, and
for town pur¬
erty, $87,805,685, against $93,71)9,373 in 1877, which
is made on the basis or true value, but prior to poses; for 1878, 8)£ mills for city was recom¬

cent of

July, 1888
1879 to’89
1879 to 1906
1879 to’91

& D.
& J.
& O.

Detroit, Mich.—The amounts of bonds

1876 assessments were on basis of 30 per
real value.
Tax rate, 90 cents per $100.

1898

June, 1880
July, 1885

do
do

<fc N.
& N.
& D.

Tax valuation, 1876, $11,711,888.

Bonds all coupon.

Sept. 1, ’78, to ’86

do
do

....

7

1878-’87

Y., Metropolitan N. Bk.

Various N. Y., Farmers’
do
do
Various
do
Various
do
Various
do
A. & O.

250,000

1,000

Galveston, Texas- Bonds for various purposes... 1869 to’75
Limited debt bonds (sinking fund 2 per cent). 1877-8-9
1873
Bonds to purchase blk. 321
1876
Galveston

do

J. & D.
J. & J.
J. & J.
Various N.
V arious
Various
F. & A.

lOOO&c.

100,000
100,000

1,000

Water loan
do

Water bonds
do
do

’

1878 to ’88
1878, ’83 & ’84
1878 to ’92
1878 to’84
1878 to’86
1893 & 1907

New York.
do
New York.
do
do

M. it S.

6
6
10
7
7
7
7
7
7
4
7

280,000

300,000
300,000
105,000

----

1,000
1,000
1,000

Water loan

Hartford, Conn.—Water bonds

5, 6, &7 Various
*

do
do
do
do
do
do

do
do
do
do
do
do

Various

Large.

100,000
200,000

N.Y., Amer. Exch. Nat. Bk.

6

7
7
7
7
7 3-10
7
7
6
6
7

IOC,000

1,000
1,000

do
do

Old

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

1878

Fall River, Mass.—City notes

'

647.259

1,335,441
1,010,463
llLOOO
1,568,000
213,000
378,000
174,000
229,000
175,000
130,400

244^000

bonds

Evansville, Indiana— E. H. & N. RR.
City wharf bonds
E. C. &P. RR. bonds
do
do

200,000
-

1879

1871 to ’74

bonds

Consol, improvement bonds
Funded debt bonds
School House bonds
Market House bonds
Consolidated improvement bonds
Funded assessment bonds..
'

$409,000

due.

Where payable and by
-

Cleveland— (Continued ) —
1864 to ’71
School ($294,000 are 6 p. ct.)
1868
House of Correction
I860 to ’76
Main sewers, special assessment
Street improvem’ts do
Street openings, &c., do
1 876-77
Infirmary and River dredging
1873 to ’77
Viaduct (mostly F. & A., A. & O. and J. & D.)
1877

Principal—When

Amount

or

par
value.

these Tables.

.

1

1908
1881 to 1888
1880 to 1891

Aug. 1, 1894
May 1,1895

1,1879-1880
1,1892-1906
Aug. 1, 1899-1905
Nov. 20,1882
July 1, 1893
July 1,1891
July 1,1895-1906

Nov.
Nov.

1880 to’91
1907-1909

1993-1902
1906

1879 &’81
July 1, 1881
July 1, 1890-’93
Aug. 1, 1900
June 1, 1891
Aug. 1,1882 & ’84
Jan.
1, 1893
Jan. 1, 1897
1879 to 1886
Oct. 1,1889
Jan. 1,1900
Jan.&Apr.l, 1894
Jan.l, 1889, to’90
June 1,

Jan. 1, 1897

July
July
July
July

1, 1893

1, 1894
1, 1894
1, 1895
Jan. 1, 1899
Jan., 1879 to’95
1899 to 1913
July 1, 1907
July 1, 1913
May, 1891
1892 to 1906
June 8, 1900

May 1, 1897
1879-’90
Various.
Jan., ’98 to 1900

July, 1889
Various.
Various.
1905-6
June
June

1,1886
17,1880

reasonably to be expected out

What is

of these

of assessments, which almost cost more
than they can ever be worth? The best w *y to come
at this is to review the assessment account up to
arrears

January 22, 1879.

This reads as follows:

A. Total amount for which assessment
bonds were issu d ;
B. Total amount of assessments as orig¬

inally confirmed

.

$6,060,030

5,532,539

C.
D.

3,939,262

firmation
F. Amount collected on re-confirmation.
G Amount placed on city cn assessments

1,894,219
2,354,747

Amount of re-assessment .*
Amount placed on the city Dy this
re-assessment
E. Amount collected on original con¬

not

re-assessed

..

H. Amount of assessments not set aside.
I. Amount now onflimed and due (ob¬
tained by subtracting from the sum
of items C and G, the sum of D and

H, and subt. acting from the
item

F)

result

I,152,7c9

1,553,733
396,782

1,588,676

In th:s balance due of $1,588,676, the interest
accrued has not been included. This would amount
to about $200,000.
It is concluded that $1,230,000 is
a reasonable net sum to be expected out of the back
assessments.
The total debt of the city January, 1879, was

sinking, funds,
$1,014,536; taxes
*2,391,491.
Assessed valua¬
City, real $54,581,869, personal
$6,013,150; Hoboken, real $14,016,900, personal
$1,449,400; Bayonne, real $5,183,255. personal $159,775. Population by State census in 1875 was 116,883,
against 85,000 by U. S. census of 1870, (V. 28, p»
173, 199, 352, 451; Y. 29, p. 120.)
$16,352,014;

and unpaid,
tion, 1877: Jersey

due

r

CITY

X

Subscribers will confer

a

Date of

Bonds.
For explanations see notes on first page

of tables

Lawrence, Mass.—Funded debt
do
Water loan

Size or
par
Value.

:

Lewiston, Me— City bonds ($25,000 each year).
City bonds ($50,000 each year)
do
($110,000 due 1885, $210,000 1891)
Lewiston & Auburn Railroad
Water bonds

•

•

•

-

•

•

•

•

•

•

•

•

• •

•

•

• •

....

Louisville, Ay.—For Jeffersonville RH. stock...
Subscription to stock of L. & N. RR

outstanding.

Water works
do
For improvement of streets

Re-constructing street
Public buildings and institutions
Public school and school houses

,Sewer bonds
do

Elizabeth & P. Railroad
Wharf property
Jail bonds
For old liabilities

1868
1869
do
do
1870 to ’74
1871
Louisville, New Albany & St. L. Air Line RR.
1871
Change of gauge, Louisv., Cin. & Lex. RR
Road bed
do
do
1871 to’73
City bonds pay’ble by RRs.(mostly L.&Nasb.) 1851 to’63
1852 to’75
Lowell, Mass.—City notes
Water notes
1871 to’76
Water bonds
1870

Lynn, Mass.—City notes

....

Water notes
Water bonds
Funded debt

1870-’3-’5
1871-’4-’6
1862 to’76
1857 to ’67

City Hall and School House
Manchester, N. H.—City bonds
City bonds ($70,000 1884, $10,000 1885)
do

25,000
100,000
320,000
224,000
500,000
137,000
377,000
1,311,000
56,000

•

•

1,000

1,000
1,000
1,000

193,900

600,000
650,000
180,000
79,000
425,000
1,993,000

1.000

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

....

288,000

133,000
75,000
605,000
500,000
107,000
350,000
1,508,000
481,000
500,000
1.300,000
175,000
121,500
450,000
387,500
44,200
117,000
80,000
70,000

1,000

Large.

Large.
1,000

Large.
Large.
1.000
500 Ac.

1,000

....

.

....

....

.

($100,000 each year)

do
do
Sewer bonds ($8,000 1880, ’81,
Suncook Valley Railroad

do

1,000

250.000

....

1,000

70,000

500
500
500

50,000

500 &c.

....

....

....

....

*
....

....

60,000
124,500
110,000
115,000
125,000

1,000
500
500
500

1875
March 9, 1875)
Nashville, Tenn.—Nashville & Chatt. Railroad.
1849
1,000
Various city bonds
1870 to’77 100 &c.
Newark— Bonds, city purposes (s. fund of 1859)
1,000
War bonds, floating debt, Ac. (8. fund of 1864)
1,000
Public sclio ol bonds
1,000
Clinton Hill bonds, coup. & reg. (8. fd. 3 p. c.).
1875
1,000
1878
Corporate bonds, coup, or reg.(act Apr. 21,’76)
1,000
Sewer and improvement bonds (local liens).
1,000
Aqueduct Board bonds
1,000

1,785,122
184,000
1,227,500
73,000
1,840,000
500,000
400,000

....

'

....

....

....

.

....

Bonds
Tax arrearage bonds.
New Bedford, Mass.—City bonds

1879
1876-’77
1801-’74
1875

City improvement

1,000

700,000

2,500,000
3,030,000
450,000
888,000

10,000'
War loan
1,000
Water bonds
1876
1,000
do
1867 to’76
1,000
do
1872-’74
1,000
New Haven, Conn.—Sewerage
1871
1,000
1861
City Hall
1,000
For Berb.y Railroad ($20,000 payable yearly)
1867
1,000 i
1877
City bonds (10-20 bonds)
1,000 j
....

Lawrence, Mass.—Total debt, $1,791709, of which
$20,000 are 7 per cents.
No sinking fund.
Tax
valuation, 1878, $23,789,000; rate, 150. Population,
1875, 34,916.
Lewiston, Me.—Total debt, $1,096,103; sinking
fund, $90,410. The railroad bonds were issued to
build the Lewiston & Auburn RR., which is owned
by the cities of those name*. Assessed valuation
1877, $11,740,602; tax rate, 20 mills on the $1.
Louisville.—The funded debt, January 1, 1879,
exclusive of loans p»y ble by railroadv was
$8 079,0(0, against $5,182,0i!0 January 1, 1878. The
sinking funds on January 1. 1879, amounted to
$4,501,489. Of the $8,07‘.‘,000 there is payable out
of the sinking fund $3,561,000; payable by special
tax, $4,518,000. Population by census of 1870 was
100,750, against 68,033 in 1860; now estimated upon
the basis of 7 to a voter makes 120.000. Assessed
value of property was highest in 1874, being then
$78,295,114; in 1873 it was $63,t94,437.
Rate or
taxation for all city purposes in 1878 w*s $2 17 on

$100 in each district.

The following figures give

the assessed property valuation for the past eight
years. For 1871, $76,845,995; 1872, $77,156,642; 1873,

$77,225,372; 1874, $78,295,114; 1815, $75,536,812; 1876,
$71,849,772; 1877, $68,522,947; 1878, $63,194,487. In
order that this shrinkage in values maybe better
understood, the following table is added:
1874.
1876.
1S78.
Grounds* impr’ts.$62,218,922 $56,380,964 $48,770,596
Merchandise
9,696 401
8,061,150
7,213 601

Residuary..,

5,664,930

6,897,733
6,614.321
714,860
509.°2i
595,969
Lowell,Mass.—All the notes held by savings banks.
Water loan sinking fund, $215,000. Sinking fund
for deb" of ’76. $8J0C Tax valuation, ’79, $39 6P5,600.. Total debt, *2,2T/0». Population. ’79, 50,600.
Personalty

Lynn,

Mass.—Total debt,




$2,256,000.

Sinking

7
6
7
7
6
7

179,600

6, 7

223,000
128,000
100,000
400,000
200,000
499,000
60,000
160,000

6
5
5
6
7
7
6
6
5

150,000

to

avoid its debts.

1883 to ’89
„

July, 1898
June, 1901
1888 & 1903
1879 to 1898
Oct. 1, 1898
1889

1880, ’94 & 1901
Sept., 1891
Feb. 1,1880

July, 1901 & 1903
1881 to '93
1879 to 1894
1886 to 1894

City Treasury,

Nov.

Suffolk
do

Bank, Boston,

1, 1890

May 1, 1893
July 1,1890 &’95

do

City Treasury,

18S7-’92-’97-1902

do
do

Memphis.

July 1,1880 to ’85
Aug. 1,1879 to ’87
1873 to 1902

\

18731to 1900

M. & N.

Nov., 1900

J.

& J.
Charleston, S. C.
July. 1872
& J.
N. Y., H. Talmadge A Co.
1907
A D. Milw. and N. Y., A. Goettel.
June 1,1891
do
& J.
do
Jan. 1, 1901
do
& D.
do
June 1,1896
do
A J.
do
Jan. 1,1902
do
& J.
do
Jan. 1,1902
& D. New York, Park Nat. Bank.
Dec. 2, 1892
& A.
do
do
Feb. 2, 1894
& N.
do
do
May 1, 1905
do
do
Various
1881 to 1885
do
J. & J.
do
1886 to 1900
do
J. & J.
do
J uly,*91 -’96-1902
F. & A.
do
do
Feb. 1, 1891 & ’9
do
M. & N.
do
Nov. 1, 1901
M. A N. Mobile, Mob. Savings Bank
Nov., 1905
New York.
Various
1875-77-79
Various New York and Nashville.
1870 to’96
Various
1879 to ’93
Newark, City Treasury.
do
do
Various
1879 to ’91
A. & O.
do
do
April, 1888, to’ 91
J. A J. Newark, Mecb. Nat. Bank.
July 1, 1895
F. & A.
Aug. 1, 1908
M. & S. Newark, Mecb. Nat. Bank.
1879 to ’93
do
do
Various
1879 & 1892
do
do
1909
F. A A.
do
do
1886-’87
A. & O.
1879 to 1889
City Treasury,
A. & O.
do
1891 to 1910
A. & O.
1879 to 1884
A. & O.
1900 to 1904
A. & O.
lS&B'to 1909
A. & O.
to 1909
A. & O.
City Treasury,
& 1901
J. & J.
do
1, 1881
A. & O.
do
Oct. 1,1879 to ’86
J. & J.
do
July 2,1887-1897
J.
J.
J.
J.
J.
J.
J.
F.
M.

A receiver for the city

appointed by (he U. S. court*. The circular ©f
July, 1877, urged the city creditors to accept the
proposition to issue the new compromise bonds in
exchange for the present indebtedness (including
interest on past due indebtedness) at 50 cents on the
dollar. For judgments the Legislature authorized
was

the payment of 55 cents.

Assessed valuation of real
estate, 1875, $19,329,600; personal, about $6,500,P00.,
Tax rate. $2 per $100. ’
Population in 1870, 40,230.'
(V. 25, b. 114; V. 27, p. 652,678; V. 28, p. 121,146, 224,
579.)

Milwaukee.—The

1886,’ 96, ’97
July 1, 1903
1891, ’92 & 1903

do

do
do
New York and Louisville.

N.
J.
J.
J.
& A.

fund, $166,470.
Tax valuation, 1870, $20/27,115.
Population, 1875. 32/,00.
Manchester, N. If.—Total debt, $1,019,491; assets,
$83,36?.
Memphis, Tenn.—The city has been in default for
interest since Jan. 1, 1873. The legitlature passed
a till, January, 1879,
repealing the city’s charter, to

enable it

1887, ’89, 91
March 1,1883

Various
1887 to 1890
City Treasury,
do
Various
1885 to 1890
6
J. & J.
Boston, Bank Republic.
July 1, ’91-’94-’96
5, 5*2, 6 Various Treas’y A Bost. Bk. Repub.
1879 to 1896
do
Various
do
5, 6
1882 to 1896
6
J. & J.
Jan. 1,1880-1894
City Treasury,
6
A. & O.
do
April 1, 1884-’85

....

1,000

0ct.l,’97-1907-’17
Ax>ril, 1882
April, 1883

do
M. & N. Boston, Bank Redemption.

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

1,000

Y., Mercantile N. Bank,

do

Various
Various
Various

6' g6
7
6
5
7
7
7
7
8
8
8
10
8
7
8
7
6
6
6
6 & 7
6 A 7
7

|

July 1, 1882
& ’88
July 1,1S85A1901
July 1, ’93-1913
June 1,1883

do
do
N. Y., Bank of America,
do
do
Louisville.

F. & A.
J. & J.

341,000
60,000
300,000
900,000
328,289
242,000
100,000
429,000
1,171,000

36,000

.

1857
1877
1861
1871
1876
1872
1872

do
Western division
do
do
do
do
Mobile— Funding bonds (act

6,7
6,7

July 1, 1894
Oct. 1, ’90, to 1906

Various
J. & J.
N. Y., Bank of America.
Various
N. Y., Bank of America.
Various New York and Louisville.
J. & J. Louisville, City Treasurer.
J. & D.
N. Y., Bank of America.
do
Various
do
Various Louisville and New York.
A. A O.
do
do
J. & D.
do
do
Various
do
do
M. & S.
N. Y., Bank of America,

& J.

....

Minneapolis, Minn.—City bonds
City bonds

6

1879-1884
1880 to 1892

do
do
do

do
do
do
do

M. & S.

Due.

-

City Treasury.

Various

J.

200,000
400,000
32,000

1,000
100 &e.

1867, ’8, ’9 500 Ac.
1870
1,000

do

6,61a

do
do
do

A.A O. N.
A. & O.

6

100 Ac.

....

Water bonds, coupon
do
registered

7

7
7
7
6
5 to 7

Boston, Tremont Bank.

Various
J. & J.
A. & O.
J. & J.
J. & D.
J. A J.
J. & J.
A. & O.

1,300,000

1872

1867 to’68

Funding loan, gold
Mississippi River Railroad bonds
Endorsement Memphis & Little Rock RR
Compromise bonds, coupon
Milwaukee— Re-adjustment bonds
General city bonds

7
6
6
6

Various

&
&
&
A

100 Ac.

....

Post bonds

6
7

by

Whom.

M.
J.
J.
J.
F.

1874

’83, ’85)

Memphis, Tenn.—School and paving bonds

-

!
1

Where Payable and

Payable

6
6
6
5
6

....

Water bonds
do

6 & 7
6
6
6
6
6
6
5
6
6
6
7
6
7
7
6

262,000

1,000
1,000
1,000

’54/62,3,8

513

133,000

Princi pal—When

When

Rate.

$74,000
1,300,000

....

1852
1854
1857 to’67
1873
1866 to’67
1873
1871 to ’73
1853 to’70
1868
1871
1868 & ’73

INTEREST.

Amount

1859 to’64 5000&C.
1862 to’75 5000&C.
1874
1,000
1873-’75
500 Ac.

Funded debt

(VOL. XXIX,

by giving Immediate notice of any error discovered In these Tables.

great flavor

DESCRIPTION.

SECURITIES.

city cannot issue debt beyond 5,

cent valuation
of its average
valueSinking
for five years,
fier1878,
was assessed
$55,255,711.
funds
n

provided for all the bonds.
There is also
about $47.000 jserm issued to settle old railroad
bonds.
P&pWRtot by State census, 1875, 101,000.
are

(V. 23, p. 622.)
Minneapolis, Winn.—'Total debt, $971,500; tax
valuation, 1876, $21,834,078; bonds all coupon.
Mobile.—The valuation of property in 1877 was $11,022,049 real estate and $6,118,462 personal property;
tax rate, 1 6-10 per cent. Interest was in default
from July, 1873. A settlement with bondholders was
offered by Act of March 9. 1875, viz.; $510 in 6 per
cent bond for $1,000 of the old 8 per cent.
The 5
per cent bonds have a lien on city revenue, and
exchange for these was offered at 75 per cent of
their face.
Up to Jan., 1878, there had been
settled, of old bonds, all except $12,10J of oil

.

'

lj*53

OtjFlI*’91
Juljr

bonds. A, B & C ; $56,6 0 of bonds D. E & F; $33.1871; $123,000 of Mob. & Gt. Northern RR.
8s; $16,000 wharves 8s; $30,OCtO Mob. & Ala. Grand
Trunk 8s; and $151,00n Mob. & Northwestern RR.
8s. Also about $145 000 overdue interest on these
509 8s of

issues. In February, 1379. the Legislature repealed
the charter of the city. Population about 38,000.

(Y. 28, P. 274, 327.)
Nashville, Tenn.—Nt the close of the fiscal year,
Sept. 30.’?8, there were $301,135 of past-due coupons,
judgraems, overdrafts. &c. The total debt was
$1,712,685, against $1,671,360 Oct 1. lt>77. Assessed
valuation of all property, about $11,000,000: tax rate,
1878, 2 per cent.

Newark.—The bonds in the first line in the table
.are

payable out of the sinking fund of 1859, which

amounts

to

$114,900; those in second line out of

sinking fund of 1864, $1,017,090; public school bonds
out of
bonds

public school fund, $179,000; Clinton Hill
by sinking fund, $53,200; tax arrearage,
$275,000; against local improvement bonds tbe
city holds $2,039,724 of assessments unpaid and a
lien on the property. Temporary loan bonds, Jan.
1, 1879, were $683,500.
Valuation of real prop¬
erty, 1879, $78,832,000. Tax rate for all purposes,
1879, $2 06 per $100. Population in 1870, 105,059.
(V. 23, p. 253.)
N. btaford.Mass.- Total debt, $1,250,600. No sink¬
ing fund. Tax valuation in 1877—real estate, $12,609,200, against $11,946,600 in 1875; personalty, $13,524,097, against $14,428,674. Tax rate, 1877, $18 60 per
$1/ 00, against $17 in 1875. Population. 1875,25,895.
New Haven, Conn.—Total debt, Jan., ’79, $369,000.
Sinking fund on City Hall loan, $54,832; municipal
bond fund, $12,617. Tbe
city made a special loan of
$75,000 tQ the N Haven & Derby RR., and guaran¬
teed $225,000 of its 2d mortgage bonds. Population,
1870, 50,840. Tax rate, 1978, 9 mills.

August

CITY SECURITIES*

30, 1879.j

giving immediate notice of any error discovered In tUese

SnD*?rlberi will confer a great favor by

Date of

DESCRIPTION.

Bonds.
For explanations see

notes onfirst page of tables
1852
1854-55
1869

Jf. Orleans—Consol.dcbt ($650,000 pay’ble y’rly)
Railroad debt
Waterworks loan of 1S69
Seven per cent fimdiug loan of 1869
Seven per

1869
1870

cent funding loan of 1870

Wharf irapr. bonds (assumed by lessees)
Street improvement bonds
Consol, gold bonds (gen’l and drainage series)
Ten per cent bonds, deficit and old claim
New premium bonds (in exchange)
N. O. Waterw’ks Co. new bds.(for $2,000,000)

N.Y.Bridge bds ($2,000,000 red.after July,’96)
Accumulated cbebt bonds
Street improvement bonds
Street opening and improvement bonds
Ninth District Court-house bonds

Department of Parks improvement bonds....
Assessment bonds

City parks improvement fund stock

Normal school fund stock
Public school building fund stock
Additional Croton water stock
Sewer repair stock
Consolidated stock
do
20-50 (redeemable July ’96)
Museum of Art and Natural History stock....
Third District Court-house bonds
Armories and drill-rooms..
Central Park commission improvement bonds

County Court-house stock
do

No. 3
No. 4A5

$1,377,250

1,000

713,000

445,050
98,000
410,000
30,000
216,000

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

—

.

1869-’77

1869-’70
1874-’77
1871
1871
1874-’77

1874-’78
1871-’78
1871

377,100
11,250,840
812,750
2,414,000
500,000
2,900,000
250,000
3,614,600
4,855,000
970,637

1,000
100 &c.

100 &c.
100 Ac.
100 Ac.
500 Ac.
500 Ac.
100 Ac.
100 &c.
100 Ac.
100 Ac.
500
100 Ac.
100 Ac.
500 Ac.
100 Ac.
100 Ac.
500 Ac.
500 Ac.
100 Ac.
100 Ac
100 Ac.
500 Ac.
500 Ac.
100 Ac.
100 Ac.
100 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.

7,269,400
700,000
521,953
597,586
3,000,000
3,500,000

6,500,000
2,738,239
1,000,000
300,000
2,168,000
7,994,100
5,660,000
200,000
636,000

1,249,000
265,000
8,779,700
2,uS8,350
946,000
398,000

375,880
900,000

1,890,000
600,000

561,100
4,000,000

100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
500 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.

946,700
745,800
376,600
500,000

855,204
1,719,400
493,200

900,450
100,000
14,702,000

6,000,000
30,000
1,680,200
3,119,600
1,100,000

*

100
100
100
100

Newton, Mass. -Total debt, $1,2C2,054. Tax valu¬
ation, 1&73, $25,012,9,0; rate, $13-8J per $1,001.
Population, 1875, 16,105.
New York City.—The total debt of New, York,
Jan. 1, 1879, was $145,562,190; the amount of

sinking funds $32,143,787. The following statement

shows the derails of funded debt, and the amount
in the city tinking fund at the dates named:

Description.
Jan 1, ’77. Jan. 1,’78. Jan. 1, ’79.
Funded debt... .$119,631,313 $121,440,133 $126,123,815

Sinking funds..

28,179,102

31,080,007

32,143,787

Net debt

91,452,211

90,360,126
21,329,500
6,051,424

93,985,023

Temporary debt. 22,371,400

Revenue bonds..

6,104,844

13,481,500
5,952,0; 5

The population of New York by the U. S. census
in 1870 was 92*2.531, against 805,658 in 1860. Since

Jan. 1, 1861, the valuation, rate of taxation, and
net funded debt at end of year, have been as fol¬
lows:




J. A J.
Various
J. A J.
M. A S.
J. A D.
Various
J. A D.
F. A A.

New Orleans.
do
do
do
do

Q—J.

1,000

i;ooo
1,000
1,000
1,000

Personal
estate.

S
1861.. 406.955.665
1862., 399,556,401
1863.. 402,187,382
1864.. 410,774,435
1865.. 427,360,834
1866.. 473,994,934
1867., 555,447,062
'868.. 623,236,555
1369., ,684,183,918
1870., 742,103,075
1871., ,769,302,250
187*2., 797.148.665
1873., ,836,693.330
*874. ,881,547.995
1875., ,883,643.545
1876., ,892,428,165
1877., 895,963,933
Ib78.. 900,855,700

do

Jan.
1, 1899
March 1, 1894
June 1, 1895
1887 to 1897

do
do
New York or London.
New Orleans.

Dec., 1880
Aug. 1, 1911
July 1, 1922
April 1, 1881

Q.-F.

•3

Q.-F.
Q.-F.

.Q

Aug. 1,1884
Aug. 1, 1900

CD

c3

174,624,308
172,416,031
191,937,161
223,920,505
181,423.471
257,994,974
276.339,451
285,199,972
281,142,696
305,285,374
306,947,233
306,949,422
292,5*7,643
272,431,181
217,300,154
218 626,178
205,028,160
197,532,075

Less sinking funds.

3 87
4 27
5 31
4 96
3 91
4 67
6 13
2 72
2 70
4 43
5 20
5 41
6 95
'—29
28
26
25

o

to

a

83

5 g.
6

6 A 8
8
8
7
•

M.
J.
M.
A.
M.

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

Net
debt.

$

22
20
.9
19

03
17
98
80

Nov.

’89,’92,’96 & 1926

© ao

1889 & 1892
1889
1899
1884
1890
1905 & 1926
1884 to ’88

§3
©o

2

CD

ws

1879, ’82, & ’88
1879 t# '82

-

1890
Nov.
Nov.

O C3

J

^©
£ g,
©

1,1901 to ’9

1894 A 1897
1888

*

rfS
v

P«

J-s

1,1879 to’83
1,1879 to’83

1901-1904
Nov. 1,1891
Nov. 1,1891
Nov, 1,1891
Nov. 1,1882 &’85
1894 to ’96

May,’97,1916-’26

OH

1903
Nov. 1, 1890

ib-C3

v*3

lB*d

1880 & 1881

oi

Nov. 1,1879 to’80
1879 to ’92
1884 to’88
1894 to ’98

§■?
S O
©

s

1883 to ’90
1880 to’81
1895 to'97
1891

0-2
03
w

1879
1882
1887
1903
1910
1884 to’88

e3.2
<0

•

Z
eg

1896 to 1901
1884 to ’88
1891
1896
1879 to ’86

2
+3
00

©
tH

....

....

17 29
24 94
19 06

1887 A 1895

-

ss
a*

1,[V

13 45
16 08

July 1,1898

■S5

M. A N.
M. A N.j
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
5, 6 A 7 M. A N.
M. A N.
7
M. A N.
7
5, 6 A 7 M. A N.
5, 6 A 7 M. A N.
5,6,7A6g M. A N.
M. A N. »6
M. A N.
6
5, 6 A 7 M. A N.
M. A N.
6
6 A 7
Various
M. A N.
5 A 6
M. A N.
5 A 6
M. A N.
5 A 6
M. A N.
5
M. A N
6
M. A N.
6
M. A N.
7
M. A N.
5 A 6
M. A N.
6
M. A N.
6
M. A N.
7
M. A N.
7
M. A N.
6
M. A N.
6
M. A N.
6
M. A N.
6 A 7
M. A N.
6
M. A N.
6
6 g. Various
M. A N.
7
M. A N.
6
J. A D.
7
M. A N.
7

*20,087,301
*21,695,506
x26,185,190
*33,769,601
*35,973,597
*33,654,683
*32,914,421
*35,983,647
*47,791,840
*73,373,552
*38,369,386
*95,582,153
*106,363,471

17 27
23 81
19 59
21 05 *114,979,970
40—* *116,773,721
00
*119.811,310
50
*117,700,742
50
*113,418,403

of West Farms,
Morrisania and
Kingsbridge, embracing about
12,000 acres, were annexed to New York.
Last
report of Comptroller in Vol. *7, p. 252. Mayor
Efy, in his me-sage dan. 1878, remarked: From an in¬
debtedness of about $18,000,000 ou Dec. 31, 1857, at
the expiration of ten years, namely, December 31,
1867, the amount had increase! to $32,914,421 26.
This covered the period of the war, during two
years of which, 1863 and 18 A, more than $ '2,000,000
was added to the debt.
From 1867-8 may be dated
the accession of the corrupt administration known
By an act of 1874 the towns

3

7
6 A 7
6
6
7
5 & 6
7

16 36

Nov. 1.1900&1906
1907 to 1917
1907 to 1911
1880
1887 A 1898
1879
1880

2

Q.-F.
Q.-F.

6

$1,000.-,
State. City.

1879 to 1895
July 1,1905

1879 A 1880
Nov. 1,1902
1883 & 1890

Q.—F.
M. A N.

7
6

Rate tax p,

Real
Year, - estate.

1, 1892

July

1874-5 & 1894

Various
City Treasury.
J. A J. Boston, Comm’nwealth Bk.

6
6

5
6 A 7
7
5

d ue.

....

6

222,000
415,800
500,000
125,000
160,000
200,000
164,000
150,000

New Orleans.—A decision of La.

Supreme Court,
Dec., 1678, holds invalid the special tax provisions
for consolidated bonds. The floating debt, Jan. 1,
’78, was $1,841,928. The assessed valuation of prop¬
erty for 1878 is $111,123,6 *5. real and personal. State
tax, 14)$ mills; city tax, 15 mills; total tax, 29>£. A
scheme for settlinsr the debt by a bond premium
drawing plan is in practice, and drawings take place
Jan. 31, April 15, July 31, and October 15. Popu¬
lation in 1870, 191,418; m 1860, 138,610.
(V. 27, p.
14S, 228, t'29; Y. k8, p. 18, 352.)

whom.

5, 6 A 7
5, 6 A 7 M. A N.

6,900,000
1,027,287

500 Ac.

1875
1878

Court House.,.

Sinamg fund bonds-.

A
A
A
A
6

Principal—When

'payable

M. A N.
7
450,000
6
3,341,071
Q.-F.
M. A N.
7
500,000
M. A N.
5
24,000
5
399,300
Q.-F.
6
3,849,800
Q.-F.
6,510,000 6g.,5,6,7 M. A N.
M. A N.
6 A 7
296,000
M. A N.
7
75,000
2,215,900 5 A 6 g. M. A N.

500

Norfolk, 7a.—Registered stock
Coupon bonds ($20,000 due ’94 are 6s J. & J.) 1870-’74
1872-’73
Trust & paving, coup, (pav’g, $189,300, J.&J.)
1871
Coupon bds, water (a mort. on water works.).
1868
Norwich, Conn—City bonds
1877
City bonds
Water loan ($50,000 1890, $250,000,1898)... 1868 & ’70

5
5
6
5

Tables*

Where payable and by

When

A. A 0.

5, 6A

490,000

1872

1864
1864
1865
Soldiers’ bounty fund bonds, No. 3
1865
Soldiers’ bounty fund red. bonds, No. 2
1864
Riot damages red. bonds
1864 to ’72
do
indemnity bonds
1868 to ’72
Assessment fund stock
1873
do
do
1875
do
do
1870
Repairs to buildings stock
1871 to’72
Consolidated stock, gold, coupon
1869 to’70
Accumulated debt bouds
1870
N. Y. and Westchester Co. improvement bonds
1874
Consolidated stock
1874
For State sinking fund deficiency
Debt of Westchester towns annexed
1878
Consolidated stock, gold

362

'397,000

i,o'ooac

1871
1871-’78
1872
1874
1876
1873-’76
500
1874
500 Ac.
1877
500 Ac.
1876
1862 to ’68 100 Ac.
100 Ac.
1871

Soldiers’ bounty fund bonds
8oldiers’ subs, and relief red. bonds

6
6
5
7
7
8
7*3
7*3
7 g.
10
5

650,400

....

[

Rate.

232,000

1870

1864 to’75
1875
1841 to ’63
New York—Water stock
1872
Water stock
1846 to ’69
Croton water stock
New Croton Aqueduct stock
1865-6
1870 to ’77
Additional new Croton Aqueduct
1871 to ’77
Croton water main stock
Croton Reservoir bonds
1865 to ’74
1866 to ’70
Croton Aqueduct bonds
Croton water pipe bonds
1869
Cent. Park fund stock ($275,000 only due ’98) 1857 to’59
1874
Improvement bonds
Third Avenue improvement bonds (23d ward)
1877
1856
Central Park fund stock
1858 to’71
Central Park improvement fund stock
Dock bonds
1870-’78
Market stock
1865 &’68
1869
City Cemetery stock
1876
City impro vem’t st’k (part red’mable after ’96)
do
1870-’73
do
Lunatic Asylum stock
1869-’70
1869-’70
Fire Department stock
1870-’73
Fire telegraph bonds
1870
Tax relief bonds, coupon

do
do

$1,000

,

Neiclon, Mass—City bonds and notes
Water loan ($600,000 6s, balance 5s)

do

outstanding.

....

1871
1872
1871

INTEREST.

Amount

Size or
par
Value.

’57, ’67,’70

Jefferson City (debt assumed)

Xl

1908-1928
N.
1879 to ’85
J. Norfolk, Treasurer’s Office.
do
do
S.
Sept., 1890
O. Norfolk, Cit. A Peop. Banks Apl., ’92; July,’93
May, 1901
N. New York, Park N. Bank
Oct. 1, 1893
O. Thames N.Bk; Bost.,Bk.Rep
Norwich.
April 1, 1907
0.
Jan. 1, ’98 & 1900
do
J.
Jan. 1, 1905
do
J.
do
O.
April 1, 1908
w

as “the Ring” to full control.
This dynasty con¬
tinued in power for nearly five years, until 1872,

during which period the aggregate debt of the city
increased as follows : 186->, $35,983,647 ; 1869, $47,791 84) ; 1870, $73,373,552 : 1871, $88,369,3*6 ; 1872,
$95,582,153. Then followed an almost entire change
of administration, and many sincere efforts to econ¬
omize expenditures and diminish the increase of
the public debt. But such efforts were only to a
limited degree successful, ns the following table
of its increase from 1873 to 1876 will show:
1873...
1874

$106,363,471 I 1875 ....
114,9(9,969 | 1876....

.$116,773,724
119,811,310
.

The outstanding assessment bonds (payable
of local assessments on property benefltted)

out

are
represented by advances to contractors, advances
on Boulevard work, and uncollected local assess¬
ments. The new consolidated 5 per cent gold bonds,
for * 6,900,00\ were taken Oct., 1878, at 105*28 ; but
on the part of some of the strongest advocates of
the city’s good ere lit there was great objection
made to the issue of

perm inent

bmde to pay off

against local
beneflited aud in¬
(V.
25, p. 17. 198, &5S, 458; V. 26. p. 41; V. 27, p. 228, 252,
303; Y. 23, p. 121, 454; Y. 29. p. 41.)
assessment bonus ( ritrinally charged
assessments on the
property
tended to be paid out of those assessments.

Norfolk.—The “ Trust” bonds due April, 1892,
secured by deed of trust on city property.
Coupons of 1st series are payable at Citizens’ Bank;
coupons of 2d series at People’s National Bank.
Tax rate, $1 60; water tax, 40 cts., (special); total

are

rate, 2 per cent.

-

SECURITIES.

CITY
Subscribers will confer a

great

favor by giving Immediate notice of any error

first

page

Sewer bonds ($125,000 are M. AS.)
War bounty bonds

1877

Funding bonds, “A”

1877-’78

Renewal bonds, “B”

Philadelphia—Bonds prior to consolidation
Bonds for railroad stock subsidy subscript’us
for water works
for bridges
for park and Centennial
for war and bounty purposes

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

1855
to’71
to’70
to’70

1855
1859
1808
1802
1800

$130,000

500
500
500
500
100 Ac
500

140,000

•

•

38,000
353,000
433,500
100,000
90,000
5,753,391
1,725,000

to '65

to’70

7
10
7

100,000
195,000

-

Bounty loan ($21,000 payable each year)

r
....

....

Peoria & Rock Island Railroad

Pittsburgh—Water exten. loan (coup, orreg.)... 1868 to ’74
1845 to ’72
Funded debt and other municipal bonds
1803
Compromise railroad bonds (coup, and reg.)..
Bonds irnpr. Penn, av., Ac. (local assessment). 1871 to ’73
1879
Bonds for overdue interest (temporary loan).
1807 to’69
1872
1872
1852-75
Municipal—proper, ($63,000 are.5s due ’83)..
1807
Building loan bonds
’
1855
Providence, R.I.—Bonds for public improvem’ts
1863
Recruiting and bounty bonds
1872
Water loan bonds, gold, coupon and reg
1874
do
do
do
1870
do
do
do
1875
City Hall A sewer loan b’ds, sterling, cp. orreg
1879
do
loan of 1879
1872
Prov. & Springfield RR. bonds, guaranteed...
1877
Brook Street District notes
Richmond ,Ya — Bonds, reg., ($112,000 are coup.)
Bonds, reg. and coup. ($232,000 are coup.)...
Loan to Portland & Rochester Railroad
do
do
do
,
do
Portland & Ogdensburg

.

•

.

1,000
500 Ac.
'

500 Ac.

1,000
lOOOAc.
1000Ac.
lOOOAc.
lOOOAc,
lOOOAc.
£100

1,000
1,000
.

•

•

>

Rochester, N. F.—To Genesee Valley Railroad
To Rocli. & State L. and R. N. & P. Railroads.
For various city improvements

..

and registered.

•

•

•

m

m

m

....

•

•

■

S)

1,000
lOOOAc.
Various
lOOOAc.

1875

Funding loan
Rockland, Me— City bonds

....

1869
do
1871
1872
do
SI. Joseph, Mo— Bonds to St. Jo. &Den City RR. 1860 to’09
1869
Bonds to Missouri Valley Railroad
Bonds for various purposes
1858 to’69
1871
Bridge bonds
1846 to’71
St. Louis-—Renewal and floating debt bonds
Real estate, buildings and general purposes.. 1840 to’68
1855 to ’57
Street improvement bonds
1856 to ’58
Water work bonds (old)
1868
Tower Grove Park bonds (gold)
1855 to ’69
Sewer bonds
1852 to’68
Harbor and wharf bonds
1867 to’70
New water work bonds (gold)
do
do
do
1872
1871 to’73
Renewal and sewer bonds (gold)
1873
Renewal purposes, gold or sterling
1875
Renewal, Ac., bonds, gold, $ and £
1874-’79
Renewal, Ac., bonds, gold, and £, coupon
1872
Bridge approach bonds (gold)
St. Louis County bonds assumed—
Renewal bonds, coupon
1867 to’71
Bonds to railroads, coupon
1853 to’55
Insane Asylum
1867
1868
County Jail
General purposes, gold
1872
1873 to ’76
Renewal, gold
1875
Park bonds, coupon, gold
1875
County bonds
Various.
St. Paul, Minn.—Revenue bonds
Various.
Preferred bonds
8 per cent bonds
1868
Lake Superior & Mississippi Railroad
1870
St. Paul & Chicago Railroad
1873
Public Park (Como.)
'

($20,000 payable yearly)

-

..

....

Philadelphia—The to*al funded debt, January 1,
1879, was $55,093,24); guaranteed debt, $5,999,400;
floating debt, $10,742,458. Sinking funds. $13,499,810
Total asset*, including
sinking fund, railroad
stocks held, $4,341,335 of taxes “aui and collecti¬
ble,” and *1.390,651 cash, were $22,203,445, leaving
balance of liabilities $19,631,656.
The following
table exhibits the assessed valuation and tax rate in
tie city since 1871:
Real
Personal
Rate Tax
Estate.
Estate.
Year.
per $1,000
1872
$8,608,819
$20 80
$502,415,863
21 50
1873
8,930,700
518,234,568
22 00
1874
,539,003,602
9,239,933
21 50
1875
9,434,873
565,849,095
21 50
1876
10,004,673
585,408,705
22 50
1877
593,313,532
9,755,000
21 50
1878
586,988,097
20 50
526 539,912
1879
8,069,8 J2
There is no large amount of city debt maturing in the
next four years.
Assessed valuations of real estate
for 1879 are:
Full city property, $481,533,599;
suburban
property, $31,992,025; farm property,

$18,084,210.
Population, 1870, 674,022, against
565,529 in 1860. (V. 27, p. 629.)
Peoria, III —Total debt, $686,500; tax valuation,
1876, $14,574,105.

100 Ac.
100 Ac.
100 Ac.
100 Ac,
500
500
100 Ac.
500
Various

Various
Various
Various

1,000
1,000
Various
1,000

1,000
1,000

1,000
1,000
1,000
500

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

Various
Various
500 Ac.

1,000
1,000

burg railroads.




Due.

J. A D.
Dec., 1879-1904
City Hall, by Treasurer.
do
do
J. A D.
Dec., 1879-1900
do
J. A D.
do
Dec., 1879-1886
1882-1902
do
J. A D.
do
do
J. A D.
do
Dec., 1879-1900
J. A D.
do
do
June, 1887
1901-1904
do
do
Various
1879 to’85
J. A J. Pliila,, Far. A Mech. N. B’k
do
do
J. A J.
V 1879 to 1903
do
do
J. A J.
J. A J.
do
do
do
do '
J. A J.
do
do
J. & J.
do
do
J. A J.
1883 to 1905
do
do
J. A J.
1879 to 1890
Various N. Y., Amer. Exch.Nat. Bk.
M. A N.
do
do
May 15,1879 &’81
June 1,1888
J. A D.
do
do
1889-1891
do
do
Various
Mch 1, 1882 A ’83
M. A S.
City Treasury. '
New York.
J. A J.
July 1, 1888
1893 to ’98
A. A O.
Philadelphia.
1879 to 1912
Various Pittsburg, Pliila. A N. Y.
1913
J. A J. New York, B’k of America.

^ 1879 to 1905

155,000 7,6g.A7g
10
42,000
7
100,000
7
4,482,425
6 A 7
1,041,000
4 & 5
2,179,469
1883 to’85
7
Various
Philadelphia.
5,127,700
1,405,000
6
M. & N. Boston, Blackstone N. B’k. Nov., 1886,’87,’88
787,000
do
do
6
J. A J.
July, 1887
700,000
do
6
J. A J.
do
July 1, 1897
450,000
do
do
M. A S.
6
Sept. 1, 1907
1,350.000
1879 to '95
Boston and Portland.
5 A 6
1,704,600
m’nthly
June 1,1887
do
6
J. A D.
325,000
Providence.
6
M. A S.
Sept., 1885
600,000
do
5
J. A J.
Jan., 1893
300,000
Jan., 1900
2,000,000 5 A 6 g. J. A J. Boston, Prov. and London.
Jan., 1900
5 g. J. A J. N. Y., N. City Bank, A Prov.
2,000,000
do
do
5 g. J. A J.
July 1, 1906
1,500,000
5 g. J. A J. London, Morton, Rose A Co
July 1,1895
1,397.250
June 1,1899
Providence.
J. A D.
4*2
600,000
1892
do
7
J. A J.
500,000
5
M. A S.
Sept. 1, 1880-’84
700,000
Treasury.
J. & J., 1880-1912
6
J. A J.
3,145,000
1886 & 1904-1909
8
J. A J.
1,214,700
1879 to 1903
7
J. A J. N. Y., Metropolitan N. Bk.
168,000
1 UQQ
F. A A. New York and Rochester.
7
750,000
1879
to 1902
do
do
Various
6
&
7
961,686
Jan. 1, 1903
N. Y., Union Trust Co.
7
J. A J.
3,182,000
1905
do
do
410,000
1880 to 1897
5 & 6
Semi-an
160,650
City Treasury.
1880 to 1899
6
J. A J. Boston, First National Bk.
400,000
1891
do
do
6
F A A.
150,000
1892
do
6
M. A S.
do
205,000
1880 to’89
6 A 7
Various N. Y., Nat. B’l Commerce.
431,500
do
do
Nov., 1889
7
M. A N.
150,000
1878 to’89
10 A 6
Various St. Joseph and New York.
299,400
1891
10
J. A J. N. Y., Nat. B’k Commerce.
500,000
1879 to’91
6
Various N. Y., Nat. Bank Republic
1,922,000
1880 to 1906
do
do
6
Various
1,148,000
1882 & ’87
do
do
6
Various
70,000
1880 to’83
do
do
6
Various
336,000
do
do
6 g- F. A A.
Aug., 1898
346,000
1880 to’89
do
do
6
Various
885,000
1879 to ’88
do
do
6
Various
870,000
6 g. J. A D. New York and St. Louis. June, 1887, to ’90
3,950,000
6 g. A. A 0. N. Y., Nat. B’k Commerce.
April 1, 1892
1,250,000
1891 to’94
do
do
6 g. Various
681,000
Nov. 1, 1893
New York or London.
6 g. M. A N.
1,074,000
do
do
6 g. M. A N.
May 1, 1895
707,000
1894 A 1899
do
do
6 g. J. A J.
2,747,000
Dec. 10, 1892
6 g. J. A D. N. Y., Nat. B’k Commerce.
461,000
.

300,000
325,000
100,000
500,000
600,000
550,000
2,300,000
500,000
504,815
47,710
263,125
200,000
100,000
100,000

7
6 g.
7
7
6 g.
6 g.
6 g.
6 g12 & 7
7
8
6
6
7

A J. N. Y., Nat. Bk. Commerce.
do
do
A J.
do
do
A J.
do
do
M. A S.
do
do
J. A D.
do
do
J. A J.
do
do
A. A O.
do
do
M. A N.
M. A N. N. Y., Kountze Brothers.
do
do
M. A N.
do
'
do
Various
do
do
J. A D.
do
do
J. A D.
do
do
J.
J.
J.

-

1879 to 1881
1879 to 1880

July 1,1887
Sept. 1, 1888
June, 1892
1893 to 1896

April 1,1905
May 1, 1895
1879 to’90
1883 to’86

1889, ’90, ’96

....

Assessed va’ue of real estate in

was

sumed the county bonds.
the resources were:
Balance April 11, 1877
Interest revenue

1888 & ’98
1900
1903

In the last fiscal year

Municipal revenue collections
Special collections
Proceeds of anticipation notes
Proceeds of renewal bonds

$691,272

1,731,670

2,611.609
322,416
725,000
351,000
$6,544,427

The expenditures were
$5,900,941
Unpaid warrants on hand April 11, 1878..
40,944

$5,f59,996
Balance in treasury

April 10, 1873

$654,431

debts of towns to 3 per cent of their assessed valua¬
tion.
(V. 28, p. 578.)

Rochester.—The bonds of Genesee Yal. RR. loan,
$168 000, are provided for by net receipts from a
lease of said road to Erie

Railway Company after

paying the interest ont of said receipts. Real prop¬
erty assessed, $48000,000; personal, $2,000,000.
Rate of tax, 1877, $2 per $100.

Fa.—Real estate assessed, 1878,
Richmond,
$23 076.513; personal. $11,510,584. Tax rate, $140.
Pittsburgh.—Assrssed valuation in 1879: Real
Rockland, Me.—Valuation of real estate, 1878,
$2,434,945; personal, $1,082,236. Tax rate, $31 per
inking funds, $473,277. Tax rate, 1879, 17'6 mills $1,000.
per $lTPopulation about 140,000. Interest defaulted
St. Joseph, Mo.—Population in 1870 was 19,565,
April, 1877. (V. 24, p. 519, 591; V 26, p. 159, 181, against 8,932 in 1860. Assessed valuation of property,
363, 471; V. 27, p. 68, 643; V. 23, p. 43, 302.)
$11,000,000; rate of tax, *23 mills. (V. 23, p. 135, 175;
Portland, Me.—The sinking fund and ava’lable V. 25, p 408 : V. 28, p. 477.)
St. Louis.—Population by the TJ. S. census in 1870
assets March 31. 1879, were $3 0,8!5. The city is
protected by mortgages on Atlan. & St. Lawrence, was 310,864, against 160,773 in 1860. The city and
Portland & Rochester, and Portland & Ogdens¬ county were merged by law in 1877 and city as¬

Sroperty, ’ $92,‘ 54.390; personal, only $2,612,268.

Principal—When

Payable and by
Whom.

Pay’ble

$19,212,800 ; personal, $11,458,3'4.
Tax
rate, $25 50 per $1,000. Population in 1879, 35,010,
again st 31,413 in 1870, and 26,341 in 1860. (V. 24,
p. 542.)
Providence, R.I.—The principal debt of Providence
has been created since 1872 for water works, sewer
age and new City Hall. The floating debt at close of
fiscal year Sept. 30, 1878, was $2,793,300. including
above Brook Street notes end $90,060 High School
notes. 1’he assessed valuations of all property in 1878
were: real estate, $86,34i,100; personal, $30,699,400.
Rate of tax, $14 50 per $1,000. The sinking fund
for bonds due in 1885. $516,737; sinking funds of
1893. $191,060; ’95,$120,803; 1900-6, $103,224. Popula¬
tion by U. S. census, ’70,6.3,901; by State census, ’75,
100,800. The Jaws of Rhode Island now limit the
1879

Where

-

...

•

When

....

Portland, Me.—Loan to Atl. & St. Lawrence RR. ’68,’69,’70

Railroad loan

7
7
7
7
7
6
6
5 A 6
6
6
6
6
6
6
6

4,853,500
8,701,600
11,G50,000
15,709,750
5,999,400
74,500

•

Water loan

Water works loan, coupon

Rate.

6,500,000
•

Peoria, Ills.— School loan
Water loan ($50,000 each year)
do

Amount

outstanding.

$500

discovered Iti these Tables.

INTEREST.

Value.
1858-’73
1S02-’71
1869-’71
1869-’77
1863-’65

Improvement bonds

or

par

of tables.

Paterson, N. J.—School bonds
Funded debt bonds

do
do
do
Bonds

Size

Date of
Bonds.

DESCRIPTION.
For explanations see notes on

[Vol. XXIX.

1878), was $15,996,000; the bonded debt of the late
county, assumed by the city. $6 J 59.000.
Other
liabilities—claim of St. Louis Gaslight Co. for gas

furnished, with interest, $685,000.

The sinking

fund is as follows: Assets of this fund at com¬
mencement. of the present fiscal year, $590,095.
The resources available this fiscal year will be about

$110,000.
Assessed valuation of real property in
1879, $135,7uS,000; personal, $30,224,860. Tax rate
for city purposes in old limits, $1 75; in new lim¬
its, $ j 50.
(V. 25, p. 204; V. 26, p. 290, 359, 436; V.
27, p. 229.)
St. Paul, Minn.— Population in 1870 was 20,030;
in 1878 (claimed), 45,000.
Assessed valuation of
taxable property, 1878, $28,061,000, or abont onehalf of the estimated actual value. Tax rate 13
mills per $1.

August 30,

xiii

CITY SECURITIES.

1879.J

Subscriber* will confer a jjr^at favor

by !rtvln«r i nmedlaie notice or any error <ti«covcred in tliem
INTEREST.

For

Size

Date of
Bonds.

DESCRIPTION.

1873
1879

Salem, Mass.—City debt

....

Citydebt

.

Water loan

.

..a

School bonds
School bonds
Park improvement bonds

Hospital bonds

House of Correction bonds

City Hall construction

Widening Dupont St. (Act March 4, 1876)
Savannah, Ga— New compromise bonds
Somerville, Mass.—City debt
City debt

1876
1879

112,000
300,000
500,000
398,500
542,000
435,500
377,000
250,000
197,000
246,000
385,000
200,000
475,000

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

461,000
165,000
115,000
140,854
200,000
325,000

Large.
Large.
Large.
1,000
1,000

cents)

1,000

’70,’Vi,’76
Toledo, O.—General fund city bonds, coup
1870
Toledo & Woodville Railroad, coupon
1873 & ’74
Water works
Short bonds, chargeable on special assessm’ts 1875-’78
Worcester, Mass.—City debt, coup, and regist’d.
City debt, registered (5 pieces,$100,000 each)
do
($248,000 reg., $552,000 coupon),
do reg. ($160,000 J.&J., $200,000 A.&O.)
8ewer loan ($92,000 are J.& D., balance J.&J.)
Water loan

registered; total,
Population, 1875,25,958. Tax valuation,

of debt

coupon;

balance

$1,452,678.
1875, $26,312,272; 1377, $25,810,600.

by the U. S. census
56,802 in 1860; in 1876
Real estate for the fiscal year

San Francisco— Population
1870 was 149,482, against

claimed 272,000.

assessed at $190,221,003;
About $54,000,mortgages*are now omitted from assessment.

ending June 30, 1878. is

personal property at $70,041,340.

Sinking funds raised annually amount to $263,500.
Tax rate in 1S77-8 is $1 60 per $100, for city and
county purposes. (V. 28, p. 165.)

Large.
....

....

....

....

45,000
1,310,000
447,000
1,000,000
640,300

Large.
500 &c.
500 &c.
Various.
500 &c.

49,000
500,000

800,000
360,000
228,200
399,900

Savannah, Ga.—Default was
Nov. 1,

g.
g.
gg.

g.
g.
g.

6^
612

J.
M.

A.
A.
J.

O.
J.
J.

do
do
do
do
San Francisco.
do
do
do
do
do
do
do
do
do
do
do
do
New York and Savannah.

J
J.
J.
M.
N.
J. & J.
.

J.

.

.

.

& J.

Q-F.

A. & O. Boston, Nat.
do
A. & 0.
do
J. & J.

Security Bank
do
do
do
do

6

5ie

6

Various

6, 7 & 8 Various
73
8
r
7 & 8
5 & 6
6
6
5
6
5 & 6

made

on

B’k.

City Treasury.
Y., Imp. & Trad. N. Bk.

do
do
M. & N.
do
do
Various
do
do
Various
J. & D.
City Treasury.
do
J. & J.
A. & 0. C.Treas.&Bost. Mchts.’ Bk.
Various
City Treasury.

do
do

Various
Various

interest

1876, in consequence of yellow fever and

non-collection of taxes.

N.

The compromise now vir¬

tually carried out is given in V. 26, p. 625, by which
new
5 per cent bends are exchanged for the
face of old bonds; and for interest up to Feb. 1,
1879, 58 per cent of the face value in similar bonds.
Assessed value of real estate, $11,000,000; per¬
sonalty, $4,200,000: tax rate, 1% per cent. Popu¬
lation in 1870, 28,235, against 22,292 in 1860. (Y.
26, p. 18, 626; V. 27, p. 122, 173, 568; Y. 28, p. 17.)
S'ymei'Ville, Mass—Total debt, $1,771,854; sinking
fund, $45,131; tax valuation, 1876, $26,573,400. Ex¬
cept $140,1)00 58 in $1,000 pieces, all bonds are in
$2,000 to $50,000 pieces.

April 1, 1904

do

City Treasury.
Boston, Merchants’ Bank.

O.
J.
J.
O.
J.
N.
O.
0
D.
J.

1893

Kouutze Brothers,

do

do
Various
do
Various
do
do
Various
5
do
do
Various
612
do
do
320,000 512,6,612 Various
Various
City Treasury.
512,6
137,000
6
Various Boston, First National
211,000
do
do
A. & O.
6 & 7
1,200,000
do
do
A. & O.
7
300,000

....

*....

($315,900 reg., $84,000 coup.) —

Scdem, Mass.—The sinking fund amounts to
$173,063, and the bonds are valued at par; $1,146,-

10,000

Large.
lOOO&c.

7
6
6
6
7
6
7
5
7

150,000
750,000
915,000
3,000,000

Various.

g.
g.
g.
g.
g.

7*

210,000

Large.

$155,000 J.&J.)

Water loan ($200,000 are 6 per
Railroad loan




100 &c.
100 &c.

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

Large.

City bonds

000 of

& J. N. Y.,

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

100 &c.

Springfield, Mass.—City notes

of

J.

6
5 &
6
6
5
6
7
7
7
7

Various.

Park & wat’r ($170,000 A.&O.;
Water loan

000

7

115,000

....

do
do
do
do

Pay’ble

$100,000

6

Due.

Where Payable, and by
Whom.

When

1,000

500
500
500
500
500
500
1870 to’72 500
500
1874
1872 to ’75 500
1871 to ’73 500
500
1874
1875 to ’76 500

1858
Bonds of 1858, coupon (gold)..
1863 to’64
Judgment bonds, coupon (gold)
1864
Central Pacific Railroad, coupon (gold)
1865
Western Pacific Railroad,
d'o
do
1866 ta’67
School bonds,
do
do
1867
do
Judgment bonds,
do

San lYancisco—

Rate.

$1,000

1,000
1,000

....

1877

do

Principal—When

Amount

outstanding.

Value.

explanations see notes on first page of tables.

SI. Paul, Minn. (Continued.)—
Local improvement
Bonds

or

par

T»bl«*fi.

1879 to 1889
Jan. 1, 1891

Apl. 1, 1883-1898
July 1, 1904
Jan. 1, 1888
Oct, 1, 1883
July 1, 1894
May 1, 1895
April 1,1881
Oct. 1, 1887
June 1,1882 to ’90

July 1, 1894
.

1897 & 1904
Nov. 1, 1891

July 1, 1894
1899
1896
Feb. 1, 1909
April 1, 1879
April, 1879 to ’84
July 1,1880 to’84
Oct.’81-’4,July,’35
July, ’84, Apl.,’95
Apl., ’95, July, ’96

1881 to 1884
188£) to 1906
18TO to 1884
1879-1890

Apl. 1,’94, to 1905
Apl. 1, 1879-1893
1879 to 1881
1879 to ’94

May, 1900
June,’93& Sep.,’94
1879 to’81
1879-1884
Jan. 1,1881

April 1, 1892
1887, ’88 & 1905
1879 to 1881
1879 to 1906

'Springfield, Mass.—Total debt, $1,946,611; cash

assets, $303,989. The railroad debt falls due $20,< 00
each year. No registered bonds. Tax valuation,
1870, $25,514,060; 1876, $35,109,456; 1877, $30,697,776.
Rate, 132.

Papulation in 1875. 31.053.

Toledo—Total debt, Jan., 1879, was $3,531,296. Of
this the debt payable by special assessments was

$640,300, and the certificates of indebtedness,
$103,147.
Taxable valuation of real estate. 1878,
$134,030,070; personal, $5,567,000. Tax rate, $3 28
per $100.
Worcester', Mm.—Total debt, $2,407,100-reg.,
$1,663,800; coup., $743,300.
Cash assets, $150,180,
including $44,352 sinking fund.
Population,
49,317 in 1875. Tax valuation, 1870, $34,018,450 ;
1878, $41,969,748; tax rate, 1*54.

*r'

RAILROAD STOCKS AND BONDS,

XIV

Subscribers will confer

a

great favor by giving immediate notice of any error discovered in these Tables.

DESCRIPTION.

For explanation of column headings, Ac.,
on first page of tables.

Miles

Date
of
of
see notes
Road. Bonds

Alabama Central— (Selma & Merid.)—1st mort—
Ala.dt Gt.South’n. —Receiver’s certific.of Ala. AChatt

296
201
142
142
142
142
142
262
132
110

Bonds to State Pa. (endorsed) 2d mort.. East ext.
1st mort7
Extern,

guar, by Pa. RR
bonds, with traffic guarantee....
Atchison <6 Nebraska^- 1st mortgage
Atchison, Topeka cC- Santa Fc—Stock
1st mortgage, gold

1,000,000
933,000

500 Ac.

253,000
1,960,000
2,166,500

262

149

1878

....

....

1,000

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

500 Ac.

Atlantic,Miss. dt Ohio—Stock, (com’n, pref. A guar.).
1st mort. consolidated, gold (for $15,000,000)

4th mortgage

Registered certificates....
Interest funding bonds....
Atlantic <£• St. Lawrence—Stock, currency
Stock, sterling
Portland city bonds, 1st mort., sinking fund
2d mortgage, sterling, 5-20 years
do

Augusta dt Savannah—Stock
Eagle Talley—1st mort., s. f.($5,000 per year).
2d mortgage ($5,000 per year)

Bald

Baltimore <£• Ohio—Stock....
Preferred stock

1872

1,000
100

1,000

1,000

1,719,000
1,067,000
120,000
310,000
(?)
500,000

1,000

4,250,000

100

205^
.

„

.

87
a

1,232,200
2,416,300
15,165,200
11,989,680
28,783,000
5,355,000
3,568,000
2,000,000
1,748,500

.

500

m

1,000

.

....

„

....

460
460
460

500 Ac.
500 Ac.
500 Ac.

1L871
1871
1871
1872
1873
1873

.

1,000
1.000
500

350
286

Washington branch

1,000

1864

i 861

£100
£100
100
100 Ac.

1864

1,000
100
100
100

30

Loan,1850
Loan, 1853

.

.

.

1850
1853
1870
1855
1874-5
1872
1874
1875

.

do

*1870 .sterling, £800,000, sink, fund
Baltimore loan, 1855-’90, sink, fund

Debentures, sterling
Sterling mortgage, sinking fund
Sterling mortgage, sinking fund
Purchase of Connellsv. RR' (payable $40,000 y’)y)
Alabama Central.—In default since

January, 1872.
adjustment, and a
connection with Meridian completed Nov., 1878.
(V. 517, p. 40, 5L6.)

j

157,000
458,000
684,000
621,000
452,500
990,000
969,000
84,190
226,900
28,600
5,454,680
787,000
1,500,000
713,000
1,022,900
336,900
100,000
14,785,100
4,599,578
1,650,000
579,500
1,710,000
3,017,697
2,938,091
2,420,000
8,683,686
9,232,341

.

i§ 6*8

....

4ii
421
....

g.
g.
g.

£200
£100
£200

P.

’

1

v

J

(V. 28,

p.

6
7
4
3
5
6
6
6
6
6
6
6
6

s.

A.

g.
g.
g.

g.

~

»

v

7

*

•

7

217, 427.)

I

old bonds

re-organization,

stc ck were given for
and overdue coupons.
Dividend cf 1

paid December, 1878. Gross receipts It 73,
$452,057; net receipts, $98,405. (V. 25, p. 510; V.
*8, p. 399.)
Atchison, Topeka & Santa Fe.—$2,C01000 stock
.was issued for equipment, Ac.. June, 1879.
Land
grant estimated to be 2,932,781 acres, of which
865,161 acres were sold to Jauuary 1, 1879. Net
earnings,
1878,
$1,909,395,
against
in
1877,
$1,229,656; see annual report, V. 28, p. 475. The
extension of leas d lines and new roads
building in
per cent

1878 are referred to in V. 27. p. 15.
The K C. T.
& W. is leased at 30 per cent of gross
earning■*,
rising to 34 per cent in l 81 and th -reafter. Denver
A Rio Grande leaded (see V. 27, p, 431).
(V. 27, p.




Great Western.—The

common

stock

$45,000 Junction Branch RR.
$51,500 Bainbridge Extension bonds.
Orders 1 to be sold in Lveclosure November, 1879.
In New York, July, 1877, $1,000,000 2d mortgage
bonds, held as collateral, were sold at auction at
per cent coupon notes;

bonds, and

5>8@6X.
4J.)

(V- 25,

p.

57, 407; V. 27, pi 538; V. 29, p.

Atlantic, Mississippi & Ohio— Gross earnings
year ending June 30, 1878. $1,781,7:0; expenses,
$1,351,575; bet earnings, $430,131. The divisional
bonds mature 1 and maturing up to July, 1880,
have been extended for ten years by order of the
Court, and new sheets of coupons are issued to the
holders.

Interest

paid two
A

final

or

on

the

divisional

three months after it

decree

of

sale

A. A 0.
A. A 0.

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

Atlantic & Gulf— The Company also has $334,000
of old sectional mort. b’ds outstanding; $500,000 10

Nebraska.—Under

J.

8
7
8
8
6
6
6
8
8
8
3
3 g6
6 g.
0 g.

I
!

Atchison

A

A. A 0. N.

outstanding is $24,795,298. and preferred $9,876,250.
This road was leased to the Erie for 99 years from
May 1, 1874, but the lease was contested. Shortly
after (in July, 1874) default was made on its bonds.
Foreclosure is pending and proceedings looking to
re-organizatioa are in progress, and a new lease to
Erie is pr posed. Gross earnings in 1878, $3 745,2U6; net deficit under rentals, Ac., $19,9:.0.
(V. 26,
p. 66, 95, 214, 444; V. 27, p. 651; V. 23, p. 222, 276,
399, 452, 476, 525, 553, 577; V. 29, p. 40, 195.)

$1,125,000 bonds and $3,3 j7,000

J.

7 g.

ings

Atlantic &

1882
Jan. 1, 1908

July 1,1879
July, 1888
Nov., 1895
Oct., 1885
May, 1881
April 1, 1906

April 1, 1910
Oct. 1, 1894
Mar. 1, 1908
Aug. 25, 1879

July, 1899

Oct.

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

1, 1900
1903
1882

Jan. 1,1883-’88
Nov. 1, 1879

July 1, 1902
Aug. 25, 1879

July 1, 1905
1905
1907

July l. 1907
1908

New York, Office.
0.
J.
J. Atlanta, Ga., atTreas’y.
0. New York and London.
J.
do
do
S.
do
do
do
N.
do
do
J.
do
J.
London, Co.’s Office.
do
J.
do

M. A N.
M. A N.

Atlanta & West Point.—Gross earnings, in 1S77-S
$321,140, in 1876-7, $111,158; net earnings in 1877-8,
$145,435, in 1376-7, $1(.'6,949.
There are $83,000
bonds outstanding.
(V. 25, p. 137; V. 27, p.
121)

in 1818, $451,580.
(V. 25, p. 615; V. 27,
p. 602.)
AUeghany Talley— This road was embarrassed in
1874, and compromised with creditors. Gross earn¬
ings 1878, fi.910,228; net $915,726, against $1,144,971
in 1877. Deficiency for mortgage interest in 1878,
$240,260; deficiency on all interest. $698,396. of
income bonds, $2,448,400 are held by individuals,
and
pay interest in cash when earned; *3,9-9,000
held by railroads draw interest in bonds.
(V. 26, p.
493; v. 27, p. 356; V. 28, p. 399.)

Boston.
do
do
do

J. A J.
A. A O.
A. A O.
J. A J.
J. A J.
M. A N,
J. A J.
A J.

London

Boston, at Office.

.

J.

or

Pittsburgh.

N. Y.,

Albany tfe Susquehanna.—This road is leased for
from 1870 to Delaware A Hud-on Canal
Co., at 7 per cent per annum, on stock and bonds.
Consol, mort. is for $10,000,COO, of which $.3,450,000
is to retire old bonds, and balance for a part of old
stock and to lessee for improvements.
Net earn¬
150 years

June, 1901

April 1, 1897
Jan. 1, 1907
Aug. 1, 1879
Oct. 1, 1876
Jan., 1902
Sept., 1902
Nov., 1902

Jan., 1902
Jan., 1903

July 1, 1876

Savannah.

40, 66, 95,119.)

net, $202,033.

Philadelphia

A J.

Atlanta & Charlotte.—This is the Atlanta A Rich¬
mond Air-Line sold in foreclosure December, 1876,
and re-organized.
Gross earnings 1878, $623,278;

Alabama & Great Southern.—Alabama & Chatta¬
nooga reorganized. About 1450,000 of the receiv¬
er’s certificates are disputed.
(V. 25, p. 40, 186;
V. 26, p. 17, 39, 84, 264; V. 27, p. 67, 85, 121.)

A. A O.
A. A O.
M. A S.

J.

3*2

880,000

....

~

•

A J. N. Y., Winslow, L. A Co. March 1,1896
Jan’ary Harrisburg, Treasury. $100,000 y’rly.

7
7
7
7

g.
g.
g.
g.
g.

Stocks—Last
Dividend.

J.

A
A
A
A
A
A
A
A
A
A

-

-1

J.
S.
J. N.Y.,Farmers’ L. A T. Co
J. N. Y., B’k of Commerce.
J. N.Y.,Del. AHud.Can.Co
N.
do
do
O.
do
do
N.
do
do
do
0.
do

A.
J.
J.
A.
J.
M.
M.
J.
J.
J.

40, 227, 2S0, 303, 3C2. 407, 434, 513; V. 28, p. 120,

a new

A
A
A
A
A
A
A
A
A

under

the

July, 1897
Perkins, L. A Post
do
do

do
do
m

300^000

.

1871

J.
M.
.T.
J.
J.
M.
A.
M.
A.

Payable, and by
Whom.

3*2

404,000
200,000
6,921,900
5,470,000
4,000,000

....

150
150
150
150
150
53
51
51
595

7
7
7
7
7
4
7
7
7
7
7
7
8
-7

300,000

1871
1871
1857
500 Ac.
1857
500 Ac.
1868
1,000
1866
1,000
200 Ac.
1866
1866
200 Ac.
1854
1,000
1865
1,000
Var’us Various
1869
100 Ac.
100
£100
•

....

7 g.

'782,976

1869

....

730
5
7 or 6 g.
7
7
3
7 g.
7 g.
7 g.
7
8
7
7 g.
3
7 g.

1,066,000

i868

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

8
8
6 g.
3 >2
7
6
7
7
7

When

pal, When Due.

3'093,200

100
100
500 Ac.

1867

Payable

.

1,000

1878
1877

....

854,000

1,000
1877
1877

When

Cent.

200,000

....

1S78

2d mort. to the State (no interest till 1880)
Norfolk A Petersburg—1st mortgage, extended.,
do
do
1st
do
do
do
2d
do
do
South Side—1st pref. consol, mort
do
2d
do
guar. Petersb’rg
do
3d
do
i

Virginia A Tennessee—Enlarged mortgage

....

148 J

265^

78,000
480,000
413,000
412,000

....

500 Ac.

1875
1878

44
31

3,389,000

....

....

65

3,100,000
10,000,000
6,870,000
1,125,000
10,615,000
7,041,000
3,265,000

....

....

271e

4;ooo;ooo

1,000

1869
1870

Rate per

2,000,000

50

Albany A Gulf RR. mortgage bonds

Negotiations pending for

3,500,000

1,000
1,000
1,000

....

Southern Georgia A Florida, 1st mortgage
do
do
2d mortgage

do

100

....

Mortgage bonds

do

1,000

1878

Atlanta <& Vest Point—Stoca
Atlantic <& Great Western—Old 1st mort.,Ohio Div..
1st general mortgage ($18,000,000)
2d
do
do
($12,000,000)
3d
do
do
($29,000,000)
Leased lines rental gold bonds .(Cl. A M.)
do
do
(P. P., P. V. and S. A A.)
Western Extension certificates (Cl., Col., Cin. A
I.)[
do
do
do
bonds
Atlantic <& ^(/-Common stock
Guaranteed stock
Consolidated 1st mortgage

3d

1878

700,000
335,000

1870
1871
1874

—

do
do
do

$1,600,000

....

do
do
income bonds
Pueblo & Ark. Valley, (leased,) 1st M., gold
do
do
1st mortgage
Pleasant Hill & De Soto (leased), 1st M., gold
Florence Ildcrado & W. (leased), 1st mort., gold.
New Mexico & So. Pacific, 1st mortgage, gold
Atlanta <£ Charlotte.—Flew pref. mort

do
do
do

$....

1866

Land grant mortgage, gold
Consol, bonds, gold
Construction notes
Land income bonds, 5 to 10 years

Sav.

Outstanding

....

1863
1865
1865
1869
1876

867

Pottawatt’mieb’ds on 78,158 ac. land(contingent)
Wichita & Southwest, (leased) 1st M., gold, guar..
Kans. City Top. & West., (leased,) stock
do
do
1st mort., gold

Amount

Value.

....

no

East’n

income

or
Par

....

•

Bonds—Princi¬

INTEREST OR DIVIDENDS.

Size,

1871

81
•

lstmortgage, new, (for $1,750,000)
Albany <£ Susquehanna—Stock
1st mortgage
Albany City loan (sinking fund, 1 per ct. yearly).
2d mortgage
3d mortgage, sinking fund
Consol, mort. (guar. D. AH.) coup., may be reg...
Alleghany Talley—Stock
General mortgage (Riv. Div.)
Funding

[VOL. XXIX.

bonds

is

falls due.
consolidated

J.
A.
M.
J.
J.
M.
M.
J.

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

1879
Nov.

1, 1888
May 1, 1889

m

Y., First Nat. Bank.

J. N. Y., Perkins,
J.
do
do
J.
do
J.
do
J.
J.
do
J.
do
do
J.

L. A P.
do
do
do
do
do
do
do

Oct.

1,

1901

Jan.
Jan.

1, 1887
1, 1887
July 1, 1893
Jan. 1, ’84-’90
Jan. 1, ’84^’90
Jan. 1, ’86-’90
July 1, 1884
Mch. 1, 1900
Jan. 1, 1875
July 1, 1880
Feb., 1879
Mar. 15, 1879
May 2, 1886
Oct. 1, 1884
Oct. 1,-1891
Jifne, 1879
July 1, 1881
July 1, 1884
May 15,1879
July 1, 1879

J.
Lynchburg Office.
J. N. Y., Perkins, L. A P.
A.
Portland.
8. London, Gr. Trunk Rw.
N.
Portland.
O. London, Gr. Trunk Rw.
do
N.
do
D.
Savannah.
J. Pliila.,Farm. AM. Bank
do
J.
do
N.
Baltimore Office.
J. Balt., Merchants’ Bank.
O.
Baltimore Office.
April 16, 1879
J. Balt., Merchants’Bank.
1880
O.
Baltimore Office.
1885
London.
S.
1895
J.
Baltimore Office.
1890
J. London, Naylor A Co. Jan. 1, ’80 A 81
S.
London.
Mch. 1, 1902
N. London, Speyer Bros.
1910
J.
Baltimore.
1879-1900
'

mortgage was made in May, 1879.
ui

uy

A scheme of re-

me cuuisunuaicu iuui

t;

bondholders (mostly in ‘London) will probably oe
carried out.
(V. 27' p. 40, 67, 251, 2 7 9, 434, 461; V.
28, p. 97, 199, 222, 476, 624.;

Atlantic & St. Lawrence.—Leased for 999 years,
from July, 1853, to
Grand Trunk Railway of
Canada. Annual rent, 6 per cent on bonds and
stock. (V. 27, p. 147.)

Augusta & Savannah.—Leased to Central of Geor¬
gia for $73,000 per annum ; has surplus fund of
about $50,000.
Bald Eagle Talley— Leased to Pennsylvania Rail
road at 40 per cent of gross receipts. In 1877 gross
earnings were #136,962. The Pennsylvania Railroad
holds all the 2d mortgage bonds.
Holders of 1st
mortgage were s sked to exchange them for new 30
year bonds. In Aug., 1879, 2}4 per cent was paid on
stock. (V. 27, p. 488.)
Baltimore & Ohio.—The amount of stock as above
includes th3 iast stock dividend. Annual report
for 1877-8 in V. 27, p. 535.
The floating debt Sept.

1S78, was $2,563,302 of “ bills payable,” and
$2,554,959 of “ loans and sterling obligaiions.” and
to April, 1879, $761,640 of earnings was applied to
this. The gross earnings of the “ Main Stem,” Ac.,
for five years were as follows :

30,

1877-8
1876-7
187.5-6

•

Gross

Net

Earnings.
$8 563,956
8,262,045

Earnings.
$4,039,611
3,656,893

Stock and
Debt.

$55,947,662

9,632,361
4,215,554
*47,31*1*666
10,514,178
4,332,206
47,173,000
1373-4
11,693,955
5,018,060
45,876,000
The gross earnings of the main and all leased lines
in
1877-78
were $13,765,279,
and net earnings,
$5,995,978, including earnings of Pittsburgh Division.
B. A O. direct bonds of 1879 on Parkersburg Branch
are secured bv deposit of mortgage on that road.
(V. 26. p. 289, 367. 598; V. 27, p 67, 535, 651; V. 28
p. 2:3, 27G, 378; V. 29,-p. 145.)):
1874-5

August

RAILROAD STOCKS AND BONDS,

30, 1879.]

favor by giving Immediate notice of any error discovered In tliese Tables,

confer a great

Subscribers will

DESCRIPTION.

Baltimore d Ohio—(Continued)—
Loan., ster., (s. f. £7,500) lien on
Bonds on Parkersburg Branch

263
104

Cliic. line bonds

....

Bonds to State of

Maryland.

....

....

98
98
Belleville & South. 111.—1st M.,

56
64
67

sink’gfimd, guar.

3d mortgage bonds of 1857 (
Consol, mortgage of 1876

do

do

)....

84
21
321

Boston d Albany—took
Dollar loan
Loan of 1875, coupon or

registered...
Gardner.—1st mortgage

$7,703,031

$1,000

3,000,000
140,000
366,370
1,500,000
3,000,000
1,133,000
1.100,000
1,000,000
499,500
745,000
1,200,000
600,000
20,129,282
5,000,000
2,000,000
400,000
3,047,700
400,000
799,600
528,000

1871-2
1875

Equipment notes

-

.

.

.

.

.

.

.

.

1854
’69-’70
--

....

....

...

....

1858
1873

bonds
160

Boston d Lowell—Stock

82

Mystic wharf purchase bonds

....

....

.

.

-

52
66

mortgage.

26
142
140
121
121
367
281
40

...

....

19 i
49

Republican Valley Railroad, stock, guar
Burl. d Southwest.—1st mort., cp., maybe reg
Cairo d St. Louis—1st mortgage
Cairo d Vincennes—1st mortgage, gold
p.

181
144
156
139
139
139
67
60
60
31
100
291
242
242
92

.

Canada Southern—Stock
New mort., interest guar., (for $14,000,000)
Carolina Central—1st mortgage, gold, coupon
Income bonds, coupon
Catawissa—Common stock

.

.

.

.

....

....

100

100

100

950,000

1876

1,000

2,380,000

1871

500 &c.

2,582,000

1873
1878

100 &c.
50 &c.
500 &c.
500 &c.
100
500 <fcc.
600 &c.

1872

1,000

....

1870
1871
1871
1869
1871
1875

1,000

1853
1855
1867

1,000

.

1,000
1,000

1,000
500
50

1,000

1,000
1,000
1,000
50

,

....

Cayuga d Susquehanna—Stock

do
do

Baltimore & Potomac.—This is the line of the
Penn. Railroad from Baltimore to Washington. The
bonds are guaranteed by Penn. RR. and Northern
Cent. Net earnings, 1878, $92,890. (V. 26, p. 598;
V. 28, p. 598.)
Belleville <fc SouthernIUinois.—Leased and operated
by St. L. Alt. & T. H. Co. on a percentage of gross
earnings.
(V. 24, p. 297; V. 26, p. 417.)
Belvidere Delaware— Stock is $995,150. Leased to
United Co.’s of N. J., and lease assigned to Penn. RR.
Net earnings go to lessor. In 1877 net earnings of B.
D. were §12:1,560. Floating debt, $171,702.

Berkshire.—Leased to Housatonic, at 7 per cent
per year on stock, but 1% per cent is usually applied
for taxes, &c.
Boston rfc Albany.—As this is the principal West¬
ern trunk line from New England, its yearly reports
show the course of business on that class of rail¬
In past five years the following has been
roads.
its exhibit:

Gross

Net

Earnings.
§6,632,533

Earnings.
§2,219,536

6,779,610
7,074,758
7,634,139
8,963,128

Total Stock

and Debt
§
2S,870,509

2,106,844
2,391,764
27,129,282
2,262,147
26,478,282
2,414,916
25,4-22,100
(V. 25, p. 430; V. 26, p. 166; V. 27, p. 460.)
Boston Barr'e
Gardner.—Income in 1876-77
showed a deficit of $44,420 under interest charge.

Company embarrassed and interest reduced to 5
per cent. (V. 29, p. 40.)
Bost. Clinton FUchb & N.Bedfd. —This was a con¬
solidation in May, 18.*6, of the B. C.& F. and the N.
Bedf. roads.
In Dec., 1678, leased to Old Colony.
The net earnings in 1877-78 were *286,631, against

(V. 27.

p.

537; V. 23,

p.

40,

120.)
Boston, Concord & Montreal.—Groza earnings for
the year

ending with March, 1879, were $590,550;
earnings, $201,618. There are also $76,000 old
bonds due in 1865, and §350,000 due in 1875. (V. 24,

net

516; V. 26, p. 546; V. 28, p. 577.)

100
35
274

1872

70
58
146

1861
1863
1866

....

6,500,000
4,638,250
279,000
370,500
8,583,750

4
7
6
7

50

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

7
7
6
6 & 7
3

*6*

537, 565.)

1
6
7
7
6
3
7
7
3
7

& J.
& O
& N.
& J
& J.

&
&
&
&
&
&
&
&
&
&
&
&

1885

July 1, 1888
July 1, 1911
April 1, 1911
Jan. 1, 1915
Oct. 1, 1896
1902
1885
1887

1, 1916
July 1,1879

Jan.

May 15, 1879

do

Feb. 1, 1892
July 1, 1895

Worcester, City Nat. Bk.

April 1, 1893

Boston Office.

Boston, Boston N. Bank
do
do
do

do
do
do

July 1, 1884
1889 & ’90
June 1, 1896

’81/82, ’83. ’85
Boston, Suffolk N. Bank July, 1881& 94

May 5, 1879

Boston Office.

J.
O

Boston
do

J.
O.
O.
S.

1889
1893

Office,
do

July 1, 1879
Oct. 1, 1879
April 1, 1892
March 1,1895
July 1, 1896
May 15, 1879
Jan., 1893 & 94
Aug. 1, 1895
May 1,1879
July 1, 1893

Boston, at Office,

J.
N.
J.
A.
N.
J.

do
do
do

do
do

do^

do

do

Boston, at Office,
do
do
New York.

Boston, at Office,
do

do

1887

"l

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

3*2

|

7,605,000
1,034,000
853,000
1,800,000
2,500,000
3,500,000
2,250,000
1,600,000
3,000,000
1,215,550
490,000
497,000
350,000

15,000,000
10,862,686
3,000,000
3,000,000
1,159,500
1,000,000
2,200,000
230,500
209,850
1,300,000
589,110
6,850,400
769,600
700,000
582,000
2,332,000

7
6 g7
5
7
8
8
2
8
6
8
2
8
7
7
7
6
&
2
7
7

do
do
do
do

&
&
&
&
&
&

N.

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

312
7

7*
412
1

&
&
&
&
&

Camden, Co.’s Office.

Philadelphia.
do
do

Philadelphia.
do

& J. New York, 44 South st.

Boston, Treasurer,

Q.-F.

F.
F.
F.
M.

3ig
7
7
7

&
&
&
&

July 1, 1896
Sept. 1,
1,
July 1,
July 1,
Aug. 1,
Oct.

1.

1906
1893
1894
1889

1879

1883

July 1, 1918

O.
O New York and London.
J. N. Y., Nat’l Park Bank,
do
do
J.
J.
New York.

N.
N.
A.
A.
A.

1896
1879
1916

June I, 1896

J. & *J. N. Y., Union Trust Co.
J. & J. N. Y. Office, 4 Broad st.
do
do
A. & O.

3i*

Jan. 1,
June 1,
June 1,

Jan.

Boston, Co’s Office.

Q.-J.

Is-

do
do
A.
A. N. Y., Nat’l Park Bank,
do
do
A.
do
do
N.

Aug. 1, 1879
May 1, 1895
Oct, 2, 1901
Oct., 1909
Jan. 1, 1889
1891

July, 1905
Jan.15,1877
Jan., 1893
Oct., 1879
1897
Jan.

1, 1908
July 1, 1923

April 1, 1914
May 15,1879
May 15,1879
Feb. 1, 1882
1888 to ’89
Feb. 1, 1900

1, 1879
1, 1879
1, 1879
1, 1891
Aug. 1, 1894
May, 1916

July
Aug.
Aug.
Aug.

for $2,620,510.
Consol. 6 per cent bonds are
issued for 8s maturing in 1894. Ornffia & s. W. is

Republican Vailey road is leased, and its
changed for B. & M. consolidated
July 1, 1879. (V. 26, p. 192, 494, !48, 598; V.
27, p. 15, 67,171; V. 28, p. 120, 276, 624.)
Burlington & Southwestern.—Defaulted Nov., 1873.
Foreclosure in progress. (V. 21, p. 159, 441.)
Cairo & St. Louis.—Defaulted in-1873 by failure
to receive town and county bonds.
Receiver ap¬
pointed December, 1877. Deficit in earnings 1877-8,
$12,989. (V. 25, p. 511, 569; V. 28, p. 451; V. 29,
leased.

bonds
bonds

Air Line.—Formerly N. Haven

Boston & Providence.—The bonds and notes have
been issued for purchase of branch roads. (V. 25,

were

17, 40.)

p.

Cairo & Vincennes.—Defaulted in 1874. In hands
of receiver.
Deficit in earnings 1876-7, $11,747.

531; V. 27, p. 565.)
Buffalo, Bradford db Pittsburgh—Under perpetual

(V. 29,

p.

40.)

.

California Pacific. - Gross earn’gs/76-7, $1,326,632;

lease to Eiie at $40,600 per year.

net, $448,026. Extension bonds of
comes

1863,* for 490

bonds

of
of

§3,500.000 and in¬

$1,000,090 were in defauit, and the new
1875, guaranteed by Cent. Pacific, were

issued in place thereof. (V. 24, p. 274, 468,605.)
Camden <£ Atlantic.—Gross earnings, 1878, §399,-

•

Burlington & Missouri in Nebraska.—Hag a valu¬
land
grant.
Sales in 1878 514,098 acres

.Boston, Office,

J. & J. Phila., Farm. & M. B’k.
do
do
A. & O.
Phila. and Mt. Holly.
F. & A.

3

stock of this Co. and for convertible bonds.

Q.-F.
J. & J.
J. & J.
J. & D.

Q.-F.

6

Buffalo, New York & Erie—Leased to Erie in
years, at 7 per cent on stock and interest
and sinking fund on bonds.
(V. 24, p. 346; V. 25,
p. 16.)
Buffalo, New York & Philadelphia.—This is the
connecting line of the Phila. & Erie with Buffalo.
Net earnings 1877-8, $4o0,4l9.
New bmds are
offered to replace the 10 per cents. (V. 26, d 574;
V. 27, p. 533; V. 28, p. 252.)
Burlington Cedar Rapids & Northern.—The stock
is for $10,000,000, of which $5,500,000 has been
issued. This company guarantees $150,000 Minne¬
apolis & St. L. RR. bonds. Net earnings 1877—S,
$560,311; extraordinary expenses, $617,745. Leased
in perpetuity to the Chicago & Northwestern, as
reported, for interest on bonds and 3 per cent On
stock for 5 years and 5 per cent afterward.
(V.
24, p. 518; V. 25, p. 260, 510; V. 27, p. 301.)
Burlington & Missouri River.—An agreement of
consolidation and a perpetual lease to Chicago, Bur.
& Quincy, was made in Oct., 1872. In August, 1875.
stock of Chic. Burl. & Q. was issued in place of

<fcJ. New York, Erie Office.
& D.
N. Y., Erie Railway,
& D.
do
do
& J. N. Y., Farm. L. & T. Co
do
& J.
do
New York.
&D.
& O. Boston and New York,
& J.
do
do
& J.
do
do

M.
A.
A.
J.
J.
J.

stock
N. II.
& H., receiving 6 percent of gro.-s earnings of both
lines. (V. 26, p. 598; V. 28, p. 173, 352, 428, 577.)

able

June 1, 1927
April 1, 1919

J.

Middletown & Wil. Has $3,000,000 preferred
and §1,000,000 common. Operated with N. Y.

p.

& D. Lon.. J. S. Morgan & Co.
& O. Balt.&N.Y., D..M.& Co.
tfc J Balt., Mecli’s Nat. Bank
& J.
Baltimore.
& J
Baltimore or London,
& O
do
do
& J.
Baltimore.
& O.
N. Y., Russell Sage.
& D.
Philadelphia,
& S.
do
& A.
do
& J Treasurer, Trenton,N.J.
Q.-J. Boston, Kidder, P. & Co
M. & N.
Boston Office,
F. & A.
do

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

16; V. 26, p. 39; V. 27, p. 121, 303, 537; V. 28, p.
624.)
Boston & Maine.—Net income, 1877-8, $737,891,
against §660.964 in 1876-7. (V. 25, p. 531; V. 27,
Boston & N. Y.

Stocks—Last
Dividend.

J. & J.
M. & N.

6 & 7

When Due.

Whore Payable and by
Whom.
Pay’ble

J. & D
A. & O.

Boston & Loivell.—Net income. 1877-78, §269,061.
There are $407,000 notes outstanding.
(V. 25, p.

p.

p al,

When

J.
A.
M.
J.
J.

'6*

600,000

500 &c.

.

1878
1873
1874

1*1

800.000

1878
1876
1863
1869
1870

6
8
6
6
6
7

500,000

Bonds—Prmci-

DIVIDENDS.

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

26 *g

571,500
800,000
1,000,000
202,000
1,721,000
3,250,000
200,000
999,500
500,000
750,000
6,921,274
3,500,000

1,000

....

Rate per
Cent,

5
6
6
6

870,000

4,000,000
500,000
500,000
580,000

....

....

bonds

Cedar Rapids d Missouri—Common stock
Preferred stock, 7 per cent
1st mortgage




100
100
100 &c.
100 (fee.
500

.

100
65

Amount

1,000

....

preferred stock

Old preferred stock
1st mortgage bonds

p.

1,000
1,000

....

c.)
Camden d Atlantic—Stock ($838,150 of it pref.)
1st mortgage (extended 20 years in 1873)
2d mortgage
Camden d Burlington Co.—1st mortgage

$212,241 in 1676-77.

1,000

....

....

Omaha & S. \V., 1st mortgage, guar

....

1,000

1873-4 500 &c.
1875
1,000

$800,000

Burlington d Missouri in Nebraska—Stock
Bonds, convertible till Jan., 1882
Consol.mort.for $14,000,000, s. f. $30,000

1877 8
1876-7
1875-6
1874-5
1873-4

1,000

1875
1876

204
—

Burl.dMo.Riv.—1st M.on r’d&400.000 ac’s I’d ) Cp.
1st mort. on br’ch, C. B. & Q. stk. (5th ser.) ) or
Convertible bonds, C. B. & Q. st’k (6th ser.) J reg.

Chattel mortgage
New mortgage

500
500

....

1873

New

1,000

-

1872

.

.

California Pacific—1st mortgage, gold
2d mortgage, endorsed by Central Pacific
3d mort., guar, by C. P. ($1,000,000 are 3

1,000
1,000
1,000

1876

166

—

Buff.,Brad.d Pitts.—Gen. M.,(incl. 10,000 ac. I’d)
Buffalo, New York d Erie—Stock
New mortgage
Buffalo, N. 1. d Philadelphia—1st mort., gold
2d mortgage (for $1,000,000)
Burlington, C. Rapids d Northern—1st mortgage

1,000

’61-’74 500 &e.

($400,000 are 7s)
Boston, Concord & Montreal—Preferred stock..
Com. stock (for old dividends & new stock)
N. Bedford Railroad bonds

Ten year notes for

....

100 &c.

....

151
29
43

Bonds

....

100
100

38^

Agricultural Branch
Mortgage bonds i869-70

Bonds
Bonds
New bonds
Boston d Maine—Stock
Bonds, coupon and registered
Boston d Neio York Air-Line—1st
Boston d Providence—Stock

£200

1879
1855
1878
1871
1871
1875

1876

....

1st mortgage,

Sinking fund

1877

1866
1877
1854
1857

....

•

Berkshire—Stock

Boston, Barrc d

Outstanding

of
of
Road. Bonds

of tables.

first page

INTEREST OR

Size or
par
Value.

Date
3

on

xv

060; net, $121,213.

Interest, &c., $93,950. (28, p.

300.)
Camden

& Burlington

Co.—Leased to United

Companies, at 6 per cent on §382,000 stock.
Canada Southern.—The bonds carry interest at 8
per cent till 1881 and 5 per cent for the other 27
N. Y. Central Co. guarantees interest for 20
years.
years, but makes no guarantee of principal.
(V.
26, p. :-67, 391, 574; V. 27, p. 94, 538.)

Carolina Central.—Receiver appointed December,
1876. Passed interest January, 1876. (V. 23, p. 622.)

Phila.

Catawissa.—Leased to
years from Nov. 1, 1872.
and 30 per cent of gross

-

& Read, for 999

Lessee pays int. on bonds

receipts.

Cayuga & Susquehanna.—Leased in perpetuity to
Del. Lack. & West, at §54,600 per year.
Cedar Rapids & Missouri.— Leased to Chicago &
Northwestern at $700 of first $1,500 gross earnings
per

mile; one-third of the next $3,000 per mile, and
(V. 20, p. 162.)

one-fifth of all above that.

RAILROAD STOCKS AND BONDS

xvi

[VOL. XXIX,

Subscribers will confer a great favor by giving immediate notice of any error

DESCRIPTION.
For

Miles

•

General mort. “tripartite” bds ($5,000,000) coup.
Macon & Western bonds
Central Iowa—1st mortgage gold, coupon
2d mortgage, gold, $4,000 per mile
i
Central of New Jersey—Stock

Mortgage bonds
Bonds (convertible Nov., 1875 to 1877)
Consolidated mortgage (for $25,000,000)
Income bonds, reg., (not cumulative)
Newark & New York, 1st mortgage
Lehigh & Wilkesbarre Coal Co., 1st mort., guar...
do
do
Am. DockA

do
Consol mort., coup,
do Tnc’mebds, rg.(not cum'lat’e)
Imp.Co. bonds, guar. Ceut.of N. J—

Adjustment mortgage

56781

mortgage bonds

Central Pacific—Stock
1st mort., gold, (2 sinking funds, $50,000

each)..
California State aid, gold (s. fund, $50,000)
Bonds, formerly conv. into U. S. bds (s.f.,$35,000)
1st m.S. Joaq’n Val.Br.,gld (s.f.$50,000,begins ’80)

U. 8. Loan, (2d lien on certain terms)
Western Pacific, 1st mort., gold, (s. f. $25,000)...
do
Government lien
Cal. & Oregon, 1st M., gold, guar., (s. f. $100,000)
C. P., mortg. ou C. A O. Br. (s. f. $100,000)
San Fran. O. & A., 1st M. (s. f. $100,000 begins ’80)
Land grant mortgage bonds
Charlotte Columbia <& Augusta— 1st mort. consol...
2d

202
202
359
74
....

97
....

7
....

Size,

or
par

Mortgage

Chartiers—1st mortgage

Cherry Valley Shar. & Al.— 1st mort., convert
Chesapeake & Ohio—Purch. money bds ($2,300,000)
1st mortgage ($2,000,000), “A”
1st mortgage, gold, “B”

o

.

.

137
137
2180
742
50
50
146
742
158
123
152
152
20
195
195
23
21
.

.

m

$198,000

100

1,334,000
7,500,000

1,000

3,500,000

500 Ac.

1,000

3,700,000
925,000

St. Louis Jack. & Ch., 1st mortgage
do
do
1 st mort. guar, by C. & A...
do
do
2d mort. guar, by C. & A...
do
do
2d mortgage
Louisiana A Missouri, 1st mortgage
do
do
2d mort.(int. guar. C. A A.)
do
do
guar. pref. stock

1869
1872
1874
1878
1867
1874
1875

677
649
322
220
220
38
38
150
37
37
150
101
101

•

•

•

•

40
70
44
40

pni1Tinn

[, V p 7
uul.maJ

t

Quincy & Warsaw, 1st mortgage
J re® ST;erea- (
B’ds for Sti L. R. I. A C. (sink, fund $50,000) coup.
Quincy Alton & St. Louis, 1st mortgage, coupon..
Chicago <t Canada Southern—1st mort., gold
..

Cedar Falls & Minnesota— Leased to Dub. & Sioux
City, and sublet to III. C. at $1,500 per mile yearly,
and a per cent of all earnings over $3,500 per mile.

Ga—Leases several

In April, 1875. pur¬
chased one-half interest in Western Railroad of
Alabama at foreclosure sale.
The “tripartite”
bonds are issued jointly by this Company, the Macon
& West., and Southwestern. Gross earnings year

roads, and guarantees bonds.

ending Augu t 31, 1878, 1=2,721.621; net, #1,123,309.
(V. 23, p. 353, 498; V. 25, p. 430; V. 27, p.
381.)

Central Iowa.— Sold in foreclosure,
under rtret

July 18, 1S77.
mongage. Appeal carried to U. s.
Supreme Court.
Re-organization made in 1‘79.
Gross earnings, 1878. $755,658; net, $180,081.
(V.
26, p. 215; V. 28, p. 17, 145, 299, 378, 453, 477, 553,
577.)

17,540,000

5,000,000
4,400,000

1,000

15.000,000

100 &c.
500 &e.
£200

Cent.

1,000

1878

600,000
1,200,000

1,000

3,000,000
5,550,000
2,437,950

100 Ac.
50
50

1,000
100

1865-8
1864
1862
1870

1,000
1,000

411,550

2,500,000
54,275,500
25,883,000
1,500,000
1,483,000

1,000

6;o8o;ooo

1869

1,000

25,885,000
2,616,000
1,970,000

1868

1,000
1,000
1,000

1872

1870
1870

6^000,000
2^000,000

500.000

i;ooo

1869
1872
1871
1869

*

7,400,000
1,810,500
500,000
500,000
300,000
201,000

1,000
1,000

500 <fec.

1878

1,000

....

loo Ac.

CO

1,000
1,000

15,000,000
10,000,000
100,000
918,000
300,000
160,500

100
500 Ac.
100
100

1873
1863
1862
1857
1864
1864
1868
1868
1870
1877

2,153,300
836,400
500,000
10,065,300
2,425,400

1,000
1,000

4,379,'850

500 Ac.
100

1,096,000
1,500,000
306,000

2,363,000

1,000

liooo

2,365,000

1,000
1,000
1,000

564,000
188,000
360,000
1,854,000

1,000

'300,000

1,000

1875
1878

1,000

1877

1,000

1,000,000

3^000,000

-

46

671s

N.Y.,M.k.Jesup,P.ACo.

7

546^500

1870
1870
1870
1876
1876
1872

1,000
500 Ac.

1,000

'840,000

5

M.
J.
J.
g. J.
A.
J.
J.
J.
J.
A.
J.
A.
F.
I A.
a.

h

The annual returns for 1878, in brief, were yiven in
the Chronicle, V. 28, p. 623. Gross earnings, 1878,

$17,530,858;

expenses, $8,786 118;
net earnings,
$8,744,739; rental of leased lines, $2,485,058; in¬

$3,954,779.
The dividend of 1 per cent
declared October, 1878. was enjoined.
Trustees
of land mortgage held in May, 1879,
$108,512
in cash, and $1,727,078 in notes, and in August
they called for sale to them of $100,000 land
bonds. (V. 26, p. 368; V. 27, p. 40. 95, 122. 147, 253,
274, 407, 459; V. 28, p. tO, 121,477, 623; V. 29,
p. 95.)
terest,

Charlotte, Columbia & Augusta—Stock is $2,578,000, and $189,500 of old Col. & Aug. bonds are yet
out, due 1890. Gross earnings 1877-78. $441,357;
net, $168,578. Interest and taxes, $2:3,011. “Bills
payable,” $132,775. Control of road sold to Rich¬
mond & Danville. (V. 24, p. 62; V. 25, p. 95; V.
27, p. 280; V. 28, p 96.)

Central of New Jersey.—A full abstract of the re¬
organization scheme was published in the Chron¬
Chartiers.—Leased to Pitts. Cin. & St. Louis, and
icle, V. '.6, p. 215.
Gross earnings 1878, §5,589,5?5;
net, $2,3< 2,769. Net earnings, 1877. after payment of operated by Penn. Co. Net earnings go to lessor—
Leh.A Susq. rental, were $1,838,335. The American in 1878, $42,588.
(V. 28, p. 377.)
Dock & Imp.Co. executed a mortgage for $1,000,000,
in 1877, to secure its bonds.
Cherry Valley, Shar. & Al.—'Transferred to Dela¬
The following table
shows the receipts, expenses and net earnings, in¬ ware & Hudson Canal Co., April, 1875. Interest
cluding Lehigh & Susquehanna Division:
unpaid in December, 1875. (V. 20, p. 404.)

Receipts.
Expenses. Net earn’ge
$4,140,601
$8,589,631
$4,449,Oil
7,411,637
4,128,727
3,282.911
3,684,000
6,946,000
3,262,001
1877
5,753,413
3,268,567
2,484,81
1878
5,589,525
3,283,755
2,302.76
26, p. 40, 66, 95, 141. 216, 315. 391 495,
P- 651; V. 28. p. 120, 223, 476,' 571
Y. 29, p. 197.)

1874..

882^624 ^27,

Central Ohio.—Leased to Baltimore & Ohio RR.
in 1866 for 21 years; rent 35 per cent of gross re¬

ceipts for five years, and 40 after.

dividends.

Pays 6

per

cent

Central Pacific.—The Southern Pacific is leased.




Chesapeake & Ohio.—Sold in foreclosure April 2,
1878, for $2,750,000 and re-organized, with bonds
as above, when all are issued.
1 he piyments on
old Virginia

Central bonds and

issued therefor,
icle,

V. 27,

p.

were

94.

made

as

coupons, and notes
per circular, Chron¬

Net earnings 1S77-8, $341,621.,

(V. 26, p. 17. 342, 522, 625; V. 27, p 15, 94; V. 28,
p.

41, 172, 502, 525; V. 29, p. 17, 66.)
Cheshire.— Net

.

income. 1877-*8, $78,019.

New 6

Eer
centof bonds
onds
1880. for
23, p. 5 4authorized,
(V. $536,COD
8; V. 26, p. to
495;redQem
V. 27,
p.

•

A. A 0.

2.571,350

415^000

500 &c.

•

6
4

1,000
1,000

1,000
1,000

2,711,000
13,068,000
741,000
653,000
1,462,475

•

N.Y.,M.K.Jesup,P.ACo.

i;ooo

1872
1875
1869

1,000

Stocks—Last
Dividend*

N.Y.,J. 8. Kennedy A Co April 30, 1884

M. A S.
M. A N.

1,079,000
890,500
720,000
2,360,000

1,000

0.
J.

1
6 g-

8
7
4
7
7
5
8
8
8
8
5

1858
1873

270

700^000
30,409^407

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

A.
J.
J.
J.

•

1,750,000

100

Whom.

Jan. 2, 1907
do
do
June 20, 1870
D.
Savannah, Ga.
7
J. New York A Savannah. Jan. 1, 1893
O.
7
Oct., 1880
Macon, Ga.
7 gNew York, Office.
J.
July 15,1899
do
do
7 g.
0.
April 15, 1901
New York, at office.
2*2
April 10, 187G
Q.-J.
1890
F. A A.
do
do
7
do
do
M. A N.
7
Nov., 1902
do
do
7
July 1. 1899
Q.-Jdo
do
M. A N.
7
May 1, 1908
1887
J. A J.
do
do
7
Feb. 1, 1899
London.
6 g- M. A N.
7
Q.-M. N.Y.—Cent. RR. of N. J. June 1, 1900
do
do
M. A N.
7
May 1, 1888
do
do
7
J. A J.
do
M. A N.
do
May 1, 1903
7
J. A J. Balt., at B. A 0. office.
July 29,1879:.
do
do
J. A J.
3
July 29,1879
M. A S. Balt., West. Natl. Bank.
Sept., 1890
6
1 g- A. A 0. N. Y. A San Francisco.
Oct., 1878 (?)
1895 to ’98
N. Y., Fisk A Hatch.
6 g. J. A J.
7 g. J. A J. Sacram’o State Treas.
July 1, 1884
Jan. 1, 1883
N. Y., E. Kelly A Co.
7 g. J. A J.
Oct. 1, 1900
6 g. A. A CL, N. Y., Fisk A Hatch.
1895 to '98
U. S. Treasury.
J. A J.
6
N. Y„ Fisk A Hatch.
July 1, 1899
6 g- J. A J.
1899
U. S. Treasury.
6
Jan. 1, 1888
N. Y., Fisk A Hatch.
6 g. J. A J.
Jan. 1, 1892
New York A London.
6 g. J. A J.
N. Y., Fisk A Hatch.
J. A J.
July 1, 1890
8
Oct. 1, 1890
do
do
6 g. A. A 0.
J. A J. N.Y.,M.K. Jesup,P. A Co. Jan. 1, 1895
7
Jan. 1, 1910
do
do
A A 0.
7
A. A O. Philadelphia, Penn R.R. Oct. 1, 1901
7
J. AD. N. Y., Metropolitan Bk. Dec. 15, 1899
7
Richmond.
J. A J.
July 1, 1898
6
July 1, 1908
6 g. A. A O.
M. A N.
New York,
July 1, 1908
do
J. A J.
July 1, 1918
J. A J. N. Y., Am. Exch. Bk.
1880
6
1834
J. A J.
do
6
(do
1876
do
do
J. A J.
8
1877
do
do
J. A J.
8
Jan. 6, 1879
Boston.
J. A J.
1
do
J. A J.
6
July 1,’80 A’96
M. A N.
May, 1872
7
Philadelphia.
M. A S. N.Y.,M.K.Jesup,P.A Co. Sept. 1,1879
3
M. A S.
do
do
Sept. 1, 1879
3*2
6 g- J. A J. Lond’n,J.S.Morgan ACo. July 1, 1903
J. A J. N. Y.,M.K.Jesup,P. A Co.
Jan., 1893
7
do
do
Jan., 1883
A. A O.
7
N. Y. U. S. Trust Co.
July. 1879
134
Q.-J.
J. A J. N.Y.,M.K. Jesup,P. A Co.
July, 1882
8
do
do
A. A 0.
April, 1894
7
do
do
A. A O.
April 1,1894
7
do
do
J. A J.
July, 1898
7
do
do
J. A J.
July, 1898
7
do
do
F. A A.
Aug., 1900
7
Nov. 1, 1900
do
do
M. A N.
7

2*2

1,680,000
11,500,000

pal, When Due.

When. Where payable, and by

Payable

7
7

2,450,000

100 Ac.

.

28
Chicago A Ill. Riv., 1st mort. ($474,000 guar.)...
Bonds for K.C.St.L.A C. line, s.f. $60,000 after’79
162
Preferred stock do
guar. C. & A
C. & A. bonds on Miss. Riv. Bridge, 1st mort., gold
1682
Chicago, Burlington & Quincy — Stock—
466
1st mortgage, sinking fund, (trust)
Consolidated mortgage coupon, (for $30,000,000)
825
Northern Cross R. R. 2d. mortgage, gold
100
Trust mortgage (Burlington to Peoria)
96
Plain bonds (coupon or registered)
Bonds of 1875, (sinking fund $13,860 per year)..
Dixon Peoria A Hannibal, 1st in... 1
Ottawa, Oswego A Fox Riv., 1st m
XillliUlO VJI
Illinois
Grand
dllU Trunk,
-L1 111llx, lot
u
1st illvi
mort....
c|

100

1,000
1,000

....

434
434

Rate per

117,000

21’is
cumulative)

Outstanding

500 Ac.

....

General mortgage, sterling, for £900,000
1st mortgage
Income bonds
Joliet & Chicago, 7 per cent, stock
do
do
1st mortgage, sinking fund

Bank.

1872
1870
1869
1871

Amount

$500Ac.

88

Preferred st’ck (7 p. c. y’rly not

Central Railroad &

1864
1866

.

2d mortgage
1st mortgage, (Va. Cent. R. R.,) guaranteed by Ya.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,) coup.
Funded interest, coupon bonds

Ghcshit'c—Stock, preferred
Bonds, not mortgage
Chester Valley—1st mortgage
Chicago <6 A Iton—Common stock

Value.

....

i37

Central Ohio— Common stock
Preferred stock
1st

14
61
708
620

Bonds*- Prmcl

INTEREST OR DIVIDENDS.

Date
of

of
explanation of column headings, Ac., see notes
Road. Bonds
on first page of tables.

Cedar Falls <£ Minn — Bonds on 1st div., sink. fund.
Bonds on 2d division, sinking fund
Central R. R. <£ Bank, Ga.—Stock

discovered in these Tables.

537.)
Chester Valley.—In hands of trustees and leased

A
A
A
A
A
A

A
A
A
A
A
A
A
A

8.
J.
J.
J.
O.
J.
D.
J.
J.
0.
J.
0.
A.
O.

do

do

March

1,1905

May 1, 1903

Oct. 1, 1912
Y., Bk. of Commerce. Sept. 15,1879
Jan. 1, 1883
do
do
N.Y.N.Bk.of Com.ABost July 1, 1903
Frankfort.
July 1, 1890
N.Y., N. Bk. of Com’rce. Oct. 1, 1890
Jan. 1, 1896
Boston, Co.’s office.
June 1, 1855
Boston, Co.’s Office.
July, 1889
N.Y., N. Bk. of Com’rce.
New York and Boston.
July, 1900
Boston.
Oct., 1890
New York and Boston.
July, 1890
Oct. 1, 1901
Boston.
Boston, C. B. A Q. RR. Feb. 1, 1896
N. Y.t Union Trust Co.
April 1, 1902
N.

to Philadelphia & Reading.
May, 1676.

Coupons due 1860, paid

Chicaoo & Alton.—The report for 1878 l's given at
length in V.28, p. 274, 298, and shows gross earn¬

of $4,671,519, and net earnings of $2,156,384,
against $2,107,337 in 1877, and $2,269,467 in 1876.
Joliet & Chicago Raiiroad is leased for interest on
stock and bonds. St. Louis Jacksonville A Chic.
Railroad leased at $240,000 per year. Louisiana &
Missouri Railroad operated under contract.
Ex¬
tension to Kansas City built .in 1878. and a mort¬
gage on that line (K. C. St. L. & Chic. RR.) >8
deposited in trust as security for G. & A. gold 6s of
1878. The preferred stock on K. C. St. L. & C.
"was issued for equipment
(V. 26, p. 95, 192, 213,
ings

289,436. 547; V. 27, p. 41, 94, 382;

Y. 28, p.274,

298, 400, 428, 624.)
Chicago Burlington & Quincy.—Purchased in
October, 1876. St. Louis Rock Island & Chicago
road, for $1,570,000 in gold. Gross earnings for
1878 were. $14,119,665; expenses, $7,871,915; net

earnings, $6,247,750. The Chic. Burl. & Quincy
leases numerous branch roads, giving them a traffic
guarantee (usually 40 or 50 per cent) for purchasing
their bonds.
Leases in perpetuity the Quincy
Alton & St. Louis at $42,000 per annum. Enough
of the Chicago Burlington & Quincy consolidated
moitgage is reserved to take up prior debts.
In

cent of the
The bonds
& Chicago
Railroad, are plain bonds of Chicago Burlington
& Quincy, offset by mortgage of like amount,
on St. Louis Rock Island & Chicago road, deposit¬
ed with trustees. (V. 25, p. 138; V. 26, p. 190,
548; V. 27, p. 356, 435, 651; V- 28, p. 223, 274; Y.

Jan., 1879, new stock equal to 10 per
old was issued to stockholders at par.
of 1876, for St. Louis Rock Isiand

29, p. 67, 119.)

Chicago

&

Canada

Canada Southern.

Southern.—Connection of

Controlled
Southern. (V. 25, p.

Interest' in default.

by Lake Shore & Michigan
*61; V. 29, p. 170.)

August

Subscribers will confer a

great favor by

DESCRIPTION.
on

first page of

tables.

73
223
223
137
137
80
82
82

(now 1st)

82
166
66

1,729
1,729

Milwaukee A St. Paul—Com. stock..

Consolidated mortgage (for $35,000,000)...
1st mortgage (Lacrosse Div.)

1st

(Minnesota Central)
mortgage (Iowa & Daaota)

1st mort., Ia. &Dak.

■®

Extern ($15,000 p. m.)

(Prairie du Ckien)
mortgage (Prairie du Cliien)

£

Div.) $ & £(conv.)

Hastings & Dakota
Chicago Mil. line
for Davenport & Northwest
exchanged for Western Union 1st M.

1st mortgage,
1st mortgage,

Bonds
Bonds

%
o

©

ts

($500,000 disputed)

O. 1st mort. (for $13,000,000)
2d mort. (for $8,000,000)..

Chicago St. Paul AMinneapolis—1st mort., g.,coup.*
Land grant mort., income, coup. (2d on road)
Cincinnati, Hamilton d:• Dayton—Stock

1853

t

1865
Consol, mort. (for $3,000,000), sink, fund 1 p. c..
Cin. Ham. & I. (Junction) RR., 1st mort., guar...
Cincinnati, Lafayette a- Chicago—1st mort., goid
do

Consolidated mortgage

Cincinnati A Muskingum
Chicago, Cincinnati
tion furnished.

Valley—1st mortgage

A Louisville.—"So informa¬

8

3,916,200
568,200
211,500
3,600,000
1,000,000
6,500,000

5
7
7
7 g.
7 g.

1,000

477j000

100
100

15,404,261
12,279,483
7,304,000

8.

•

....

1,000

1859
1862
1859

2,154

2d mortgage, (N. O. J. & G. N.)
Funded coupon bonds
1st mortgage, (Miss. Central)
2d mortgage,
do

mortgage of

750,000

1,000
1,000

185
185
567
567
180
180
60
60
60
60
98
56
56
148

1862
1853
1863
1863
1865
1871

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

1,000
1876
1871
1872
1870-1

1871-1
1871
1870
1872
1878
1878
1878
1873
1871
1871

500 &e.
500 &c.

1,000
1,000
100 &c.

3,674,000
1,315,000
234,000
4,000,000
172,000
2,500,000

116,000
180,000

1,638,000
158,000
272,000
247,000

5,198,000
3,150,000
1,700,000
400,000

2,700,000
12,343,000
2,750,000
1,650,000
4,313,000
"•

150,000
200,000
100,000
1,000
1.000

1,000
l,000&c
100 &c.

1856
1860

1,000
1,000

1854
1865
1877
1877
1878
1878

500 &c.
100 &c.

1853
1865
1875
1873
1871
1874
1870

1,000
1,000
1,000

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

2,961,000
700,000
300.000

20.980,000
9,965,000
5,000,000
5,000,000
2,941,000
1,500,000
500,000
373,500
1,997,000

3,057,000
7,253,000
2,800,000
2,018,000
3,500,000
1,245,000

1,000

494,000
996,000
1,846,000

1,000
1,000
1,000

1,500,000

1878.
Miles owned..
Stock
Funded debt.

3,440.400

3,500,000

1,120,000
471,000

1877.

1,512
1,412
$27,683,744 $27,683,744
32,0-8,1:00 29,954.500

J.

•

Dividend.

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

Sept. 1889'
S. Bost., Treasurer’s office.
Jan., 1871
J.
New York, Office.
do
April 15, 1870
do
0.
do
July 1, 1905
do
J.
1893
do
do
J.
1884
do
do
O.
1897
do
do
J.
1894
do
do
J.
1899
do
do
J.
do
July 1, 1908
do
J.
1898
A.
New York, Office.
1898
do
do
A.
1891
do
do
J.
J. London and New York.
J.
New York, Office.
do
do
J.

Jan., 1902.
1902
190a

N.Y.,Mil. & St.Paul RR.

7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
7
7
7
7
7
8
8
2
6
7
2
8
8

972,200
676,400

500 &c.

5
6
2

13t

21,525,602

1,350,000

100
1877
1869

3,500,000
14,988,807

1,000

7

7
7
7
7
7
7
7
8
7-3
7
7 g.
7

190,000
591,000
4,500,000

pal, When Due,
Stocks—Lash

Jan., 1887
& J. N. Y., Farm. L. <fc T. Co.
April 15, 1879?
Boston, Office.
Feb. 1, 1884
do
F. & A.
June, 1907
J. & D. New York, 4th Nat, Bk.
Dec., 1907
do
Dec.
do
J. & J. New York and Boston. July 1, 1901
July 1, 1870
J. & J. Boston, by Treasurer.
J. & J. Boston, Merchants’ B’k. July 1, 1888
F. & A, New York. Park Bank. Aug. 15, 1892
May, 1889
M. & N.
New York.
do
May 1, 1900'
M. & N.

3^

3,810,000

Payable, and by
Whom.

Payable

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

8
7

6,600,000
600,000

Where

....

100
100 &c.
500 &c.

100
100
100 &c.
100 &c.
100 &c.
500 &c.
500 &c.

156

1st
2d

3,000,000

1,750,000

Chicago A Paducah—1st mortgage
70
Chicago, Pekin A Southwestern— 1st mortgage
64
2d mortgage
.1,043
Chicago, Rock Island d• Pacific—Stock
636
1st mortgage, (for $12,500^000) coup, or reg
271
Chic.& Soutkw., IstM.g. (g’d in cur. by C.R.I.&P.)
Iowa South. & Missouri North. RR. stock ..
206
Chic. St. Louis A N. O.—1st M. (N. O. J. & G. N.)....
224

do

•

6,156,000
400,000

When

J.

7
2
7
6
7

$1,000,000

1,750,000

1,000

Menominee River, 1st mort., guar
120
Menominee extension, 1st mortgage, gold
Gen. cons mort., gold, coup, or reg. ($48,000,000) 1,058
137
Winona & St. Peter, 1st mort., guar by Chic.&NW.
137
do
do
2d mort.,
do
175
do
1st M. exten, gld, land gr., s. f.
75
Iowa Midland, 1st mort., guar, by Chic. & N. W..
62
Northwestern Union, 1st mortgage, gold
24
Minnesota Valley, 1st mortgage
24
Rochester & No. Minnesota, 1st mortgage
15
Plain View Railroad, 1st mortgage

do

•

Rate per
Cent.

1,000

1879

U.S

Chicago A Northwestern— Common stock
2,154
Preferred st’ck (7 p. c. y’rly, not cumulative).
193
Bonds, pref. (siuk’g fund), 1st mort., Chic, to Osh.
193
Interest bonds, funded coup., 2d m., Chic, to Osh.
193
1st mort., general, 3d mort., Chic, to Oshkosh
23
Appleton exten., 1st mort. on 23 miles and land..
26
Green Bay exten., 1st mort. on 26 miles and land
248
1st mort., Galena & Chicago Un. RR. extended.
Mississippi River Bridge b’ds, lieu on net earnings
74
1st mort. (Peninsular RR.) on roads and lands...
46
1st mortgage (Beloit & Madison Railroad).
779
Consol, smk’g f’d M., (all above convert, into this)
126
Madison extension, 1st mort., sinking fund, gold.
85
Chicago & Milwaukee, 1st mortgage, 2d lien
25

Chic. St. Louis & N.

100 &c.

197

i‘30

S3 ©
©

.

300
235
235

■g >>

....

75
85

.

>»c
ci'P

•

....

•

1,000

....

1860
1863
1869
1870

•

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

370
370
220
49

1st mortgage

2d
Milwaukee & Western
St. P. & Chic. 1st M. (Riv.

1879
1877
1877
1871

•

1875
1863
1864
1867
1864
1869
1878
1868
1868
1861
1872
1872
1873

....

© tH P
43 ©

(Iowa & Minnesota)

•

Amount

Outstanding

$500&c.

....

.

j

Value.

1869

Preferred st’ck (7 p. c. y’rly, not cumulative)
2d mortgage
1st mortgage
1st mortgage

1867

Par

discovered In tliese Bonds—Princi¬
Tables.

INTEREST OR DIVIDENDS.

j
or

Size,

Date
of
Road. Bonds

3d
(now 2d).
do
Chic. A L. Huron—Peninsular, 1st M., gold
Port Huron & L Mich., 1st mortgage
Chic. A Mich. L. Shore—Stock, new
let mortgage, New Buff, to St. Jo

Chicago,

giving Immediate notice of any error

Miles
of

Chicago, Cincinnati <£ Louisville—1st mort
Chicago Clinton Dubuque & Minn.—Stock.
1st mortgage
Chic. <& Bast.Ill.—1st M., coup. (s.f.$20,000
2d mortgage income
reg.
Chicago & Iowa—1st mort., coup., may be
Chicago, Iowa & Nebraska—Stock
2d mortgage

BONDS.

RAILROAD STOCKS AND

30, 1879.]

•

g-

g.
g.

g-

& D. New York, Co.’s Office. June 28, 1870'
June 28, 1879
do
do
Q.-M.
do
Aug. 1, 1885
do
F. & A.
Nov. 1, 1883
do
do
M. & N.
Aug. 1, 1885
do
do
F. & A.
Aug. 1, 1885
do
do
F. & A.
Aug. 1, 1885
do
do
F. & A.
Feb. 1, 1882;
do
do
F. & A.
Jan. 1, 1884
do
do
J. & J.
do
Sept. 1, 1898
do
M. & S.
Jan., 1888
do
do
J. & J.
Feb. 1, 1915do
do
Q.-F.
do
April 1,1911
do
A. & G.
July 1, 1898do
do
J. & J.
July 1, 1906.
do
do
J. & J.
June 1, 1911
do
do
J. & D.
Dee. 1, 1902
do
do
J. & D.
Jan. 1, 1887
do
do
J. <fc J.
Nov. 1, 1907
do
do
M. & N.
Dec. 1, 1916
do
do
J. & D.
Oct. 1, 1900
do ^
do
A. & O.
June 1, 19171
do
do
M. & S.
Oct, 1, 1908
do
do
A. & O.
do
Sept. 1, 1908
do
M. & S.
do
Sept. 1, 1908i
do
M. & S.
July 1, 1903
J. & J.
F. & A. N. Y., Farir. L. & T. Co. Aug. 1, 1901
1891
A. & O.
Aug.
1, 18791
Co.’s
Office.
New
York,
Q.-F.
do
July 1, 1917
do
J. & J.
Nov., 1890
do
do
M. & N.
do
Aug. 1, 1870
do
Q.-F.
J. & J. New York, Co.’s Office., July 1, 1886
Oct. 1,1890
do
do
A.
0.
Aug. 1, 1885
do
do
F. & A.
Nov., 1880<fc’84
do
do
M. & N.
Nov. 1, 1886
do
do
F. & A.
Nov. 1, 1897
do
do
M. & N.
Dec. 1, 1907
do
do
J. & D.
May 1, 1918
New York, at Office.
M. & N.
May, 1898
do
do
M. & N.
April, 1873
A. & O. N. Y., Winslow, L. & Co.
May 1, 1880
do
do
M. & N.
do
July 20, 1885do
J. & J.
do
Oct,, 1905
do
A. & O.
do
Jan., 1903
do
J. & J.
Mch. 1901
M. & S. N.Y., J.S.Kennedy & Co.
Nov. 1. 1914
do
do
J. & J.
Jan., 1901
J. & J. New York, Moran Bros.
.

g.

•

7
8
7
6

6 g.
6 g.
4
7
7
7
7
7 g.
7 g.
7

.

Chicago & Paducah.—Gross earnings 1876-7. $271,370; net, $68,294. (V. 23, p. 427; V. 28, p. 617.)

1876.

1,399
$27,673,744
30.010,500

Chic. Pek. ASouthw'n.—Receiver appointed Jnne,
1877. (V. 25, p. 16 618; V. 28, p. 41 63, 199.)
Dubuque A Minn.—This is the
Chicago Rock Island A Pacific.—In 1878-9 gross re¬
final reorganization of the Chic. Clin. & Dubuque
Earnings
8,45:,767 8,114,894
8,054,171
and Chicago Dubuque & Minn, roads. Gross earn- Op. expenses.
4,953,321 ceipts were $9,404,333; net receipts, $4,329.9 0; net
4,792,3 3 4,5(0,433
3,659,454 3,57^460
3,100,847 income over interest, &c., $3,196,380 Owns stock
ings lh78, $485,000. In Jan , lb7sf. the $400,000 Net earnings.
bonds were offered to stockholders at par.
(V. 27, Of consol.'bonds of 1875 enough are reserved to of Ia. So. & Mo. North., and pays 2 per cent quar¬
take up old debt. Dividends have been paid since
terly to Rock Island stockholders, making their
p. 331; V. 23, p. 63, 301.)
1869—on pref. stock in 1879 3% c»sh, in 1878 10*tf
quarterly dividend actually 2)4 per cent. Controls
Chicaao A East. Illinois.—Chic. Danv.& Vine, sold cash, in 1877 3*4 cash, in 1876 14 per cent in bonds
Peorii & Rock Island road. Keokuk & Das Moines
in foreclosure, and re organized. On income bonds
KR. was leased Oct.. 1878. (V. 26, p 574, f99. 623,
and 3J4 per cent in cash, in 1874 7 in bonds, 1873 7
interest is to be Daid as earned, not over 7 per year.
cash, 1872 7, 1371 7, 1870 7 and 3 scrip; on common
653; V. 27, p. 514. 677; V. 28, p. 502; V. 29, p. 15.>
(V. 26. p. 264, 315, 4!9; V. 27, p. 435, 486, 513; V. stock in 1871 7 scrip. 1870 3 cash and 7 scrip. De¬
Chic. St. L. A N. O.—Vhe stock of this company
fault was made on West. Union RU. bonds Frb. 1,
28, p. 113, 327; V. 29, p. 146.)
is controlled by the Ill. Central.
The present or1879. and foreclosure suit begun; see V. 28, p. 14*.
Chicago A Iowa.—''old Mar. 9,1878, in foreclosure (V. 27, p. 172, 25'. 322, : 82, 461; V. 28. p. 97. 120. 148,
oreclosure was
of the Jackson and
a Miss. Central roads
of 2d mortgage of $1,150,000, and a re-sale ordered.
301, 378, 398, 428, 453, 502, 5ll3, 543, 580. 624; V. 29,
in 1817. Gross earnings. 1878, $2,819,0:9: n<-t earn¬
Compromise effected and coupon of July, ls73, paid p. 95, 170, 197.)
ings, $88,733.
Of 1st mort. $1,199,000 are a prior
Chicago A Northwest—The mileage of read
July, 11-79. (V. 25, r. 138, 3u7; V. 26, p. 166, 264;
V. 27, p. 40, 251, 513.)
above (2,154) includes “ pro, rietary'’ lines.
For lien in Tenn. (V. 28, p. 277, 502.)
Chicago Si. Paul A Minneapolis.—This, is the
year ending May 31, 1679, gross earnings were
Chicago, Iowa A Nebi'aska.- Leased in perpetuity $14,530,921; operating expenses, $7,707,649; net West Wisconsin RR. reorganized.
Pref. stock
to Chic. & Northwest., at 37% per cent of gross
earnings, $6,873,272; rentals, interest, &c., $4,585,$1 0 0,000, common $4 000,000. The 1st mortgage
receipts.
is a 2d on ihe lands; the land mort a 2d on road,
644; balance net profits. $2,287,627. The correspond¬
but no foreclosure can be had except on defanlt on
Chic. A Lake Huron.—This was a consolidation ing net surplus for 1877-8 was $2,464,-87. The net
Lands 1st mort. The lands mortgaged are about • 00,000
of the Peninsular Railroad and Port Huron & Lake deficit on proprietary roads was $1,127,312.
2.963,829 acres unsold. acres, and the total lands owned considei ably more..
of the company were
Mich.
Port Huron Division sold June 22, lb79
(V. 26, p. 436; V. 27, p. 332; V. 28, p. 502.;
Western Division, Lansing to Valparaiso, was sold Operations of the whole road for two years, compare
as follows:
Cine. Ham. A Dayton.—Net income of C. H.& I), in
Net
Aug. 25. (V. 26, p. 116; V. 27, p. 408, 487, 652; V.
Gross
Expenses
1878-9, $141,193 afterpayment of interest. Defaulted
28, p. 17, 120, 223, 302, 641; V. 29, p. 146.)
earnings.
and
taxes.
earnings.
$6,873,212 on C. H & I. guarantee in 1877. Rep< rt of bondhold¬
$7,707,649
Chic. A Mich. Lake Shore.—Foreclosure sale made 1873-79
$14,*80,921
7,130,117 ers’ conference, V. 21, p. 69. (V. 26. p. 117.599,.
7,6 0/ 45
14,751,062
Nov. 16, 1878, and ioad purchased for bondhold¬ 1877-78...
624; V. 27. p. 356; V. 28, d. 68, 302, 525,624; V.
dividends on pre•y 1879, the quarterly
ers.
Stock i-sued for old bonds, except the above In February,
in.
Divic!
ferred stock were begun.
Dividends from 1671 to 29, p. 15, 197.)
isene. (V. 26, p. 495, 599; V. 27, p. 227, 538.)
Cincinnati, Lafayette A Chicago—Gross earnings
1878, inclusive, were as follows; December, 1878,
in 1876-7, $"28,172, net, $116,159. (V. 20, p. 56tf.)
Chicago Milwaukee A St. Paul.—Net earnings in 3% on preferred, 2 on common ^tock; June, 1878,
1878, $3,659, '54; 1877, $3,574,460; 1876. $3,100,847; 3^ on pref.. 3 on com.; Dec., 1877, 3M on pref.;
Cincinnati & Muskingum Valley.-Is leased for 99
1875, $3,085,389. The earnings were reduced in 1874 Dec., 1876, 2on pref.; July, 18^3, 3% on pref.;
years from 1873 to Pittsb., Cin. & St. Louis for net
and 1875 by the lower freight rates imposed by the
Dec. 1872, 3% on both; June, 1872, 3% on pref.;
earn’gs, but bonded interest is guaranteed. Net earr¬
Wisconsin railroad law. Annual report for 1873, V. Dec., 1871, 3)4 on pref.: June, 1871, 5 on both. (V.
ings. 1879. $22,310—loss to lessee, $82,689. (V. 38
P,
28, p. 393. The following is a comparison for three 25.0 1 60 4tt 532: V 26. n. 469. 574: V. 27. D. 140,
519, 614.)
years of operations, and financial condition at the 170, 372, 426, 603, 628; V. 29, p. 119, 168,197.)

Chicago Clinton

...

/

;

?aniz!ition

.

lose

of year:




formed by consolidation after

KAILKOAD STOCKS AND BONDS.

SV111

[VOL. XXIX.

—

•Subscribers will confer

great favor by giving InlineHate notice of any error
discovered in these X’ables.

a

DESCRIPTION.
Miles

For explanation of column
headings,
on first
page of tables.

Ac.,

Date
of.
Road. Bouds

Size or
par
Value.

of

see notes

i

Gin., Richmond d Chic— 1st rnort., guar. C. II. & D.
2d mortgage, guar, and owned
by C. II. & D

36
36
90
188
138

Gin. Richmond d Ft. IT.—1st
rnort., gold, guar

Cincinnati, Sandusky d Cleveland—Stock
Preferred stock

Mortgage bonds, Sandusky, Dayton A Cincinnati

Cin., Wab.

d Mich—1st

80
48
114
471
138
202
390
390
80
67
67
35
145

mortgage

Cleveland, Columbus, Cincinnati

d; Ind.—Stock..
1st mortgage (C., C. A 0.
RR.) $25,000 a year
do
(Bel. A Ind.) excli. for new rnort...
do
C., C., C. A I. sinking fund
Consol. M. for $7,500,000 (sink, fund 1
per ct.)
Cleveland d Mahoning
..

..

1st

Valley—Stock
mortgage, extended

New bonds.
Niles A New Lisbon, 1st
mortgage
Cleveland, Ml. Vernon d Del.—1st mortgage, gold—
1st mortgage, Columbus Extension
Income mortgage

1st
1st mortgage, Logan A Straitsville
Branch...
2d mortgage bonds

Columbus, Chicago d Indiana Central—Stock..
1st M.
do
do
do
do
do
do
2d M.
do
do
do

(consol.) Columbus, Chic. & Ind. Central..
Chic. A G’t East. (Chic, to
Logansport)
Col. A Ind’polis Cent. (Col.
to Ind’s & br.).
Union A Logansp’t (U’n

Tol. Logansp’t A
Burl.(Logausp, to Ill line)
Col. 6c Ind. 1st &
2dpref.(Col. to
Cinn. 6c Chic. Air Line(Richm’d to U’nCity)
Logans.)
Col. & Ind’polis Cent. (Col.to Union

City).,
Indiana Central (Indianapolis to Ohio
line)
Chic. & G’t East, construe. (Chic, to
Rich’d)
Columbus, Chicago & Ind. Central
Income conv. do
do
do
Income (Toledo, Logansport &

89
76
13
89

1867
1870
1872

588
588

1868

2G, p. 6.'4; V. 29, p 15.)
Cincinnati, hi hmorul A Fort Wayne.—Leased to
Grand Rapids for 99 years. Interest
guaranteed by
Gr. Pan., Cin. Ham. & Dayton, and
bv Pennsylvania
Co (V 22. p. 532; V. 24,
p. 563; V. 27, p. 172.)
Cincinnati, Sandusky A Cleveland.—In the year
ending June 30, lVTs, gross earnings were $'.14,323;
expenses,

$534,917; net earnings. $179,906.

Six;
June.;

on *.d moit. boLds funded, from
1877. The pref. »tcck has a lien
by deposit of old
bonds in Mist. (V. 27,
p. 303, 382, 4bl; V. 23, p. 145;
V. 29. p. 197.)

coupons

Cincinnati A Springfield.— Leased

m

perpetuity
Clev. Col. C. 6c I., with guarantee
of interest:
on half of fst
mortgage bonds interest is guaranteed
by Like Sh. & M. S. (V. 23, p. 232 )
Cincinnati, Wabash A Michigan.—Some
bonds
held by L. Sh. A Mich. So’n. but no
indorsement by
that company. Went into trustees’
hands Jan , 1878
to

(V. 28,

p. 40, 166. 192, ?67.)

Cleveland,

Columbus, Cincinnati

Annual report in V. 2S. p. 301.

Net

&

Indianap.—

earnings 1878,

$707.et0. again-t $43*,778 in 18:7, and
$702,917 in
>676. (V. 2ht p. 287; V. 23. p. 301.)

Cleveland A Mahoning
lantic A Great Western.
p. 232, 401.)

Vahey.—Is leased

to

At¬

(V. 20, p. 85, 139; V. 23,

Cleveland, Mount Vernon A Delaioare.—LetawWed
coupons due then and one-hulf of
coupons from Jan. 1, 1875, to and including
July 1,
8877, were postponed to Jan. 1,18S5. and the remain¬
ing half to he p'dd, but this failed July, 1877. and
jiego’iations are pen ling. Gross earnings 1878,

July, 1874. and

$382,698; expenses, $317,727; net, $64,971.
Charge. $iC6,995. (V. 28, p. 400.)

.

Interest

Cleveland A Pittsburgh.—Leased to
Pennsylvania
Railroad at 7 per cent on stock, besides
expenses
and interest, and transferred to
Pennsylvania Co.
Net earuiiiga 1873, *I,lt8,580, deficit to
lessee,
% 14*.U2; in 1877 a deficit cf
$217,111. (V. 26, p. 67,
287 ; V. £8, p. 41, 30J.)




50
500 Ac.

1,000
1,000
100

1,000

.

.

.

.

.

....

13,938,972

....

500 Ac.

3,692,000
3,847,000
1,000
1,000
50

.

.

ra

.

1,000

.

50
100
100
100 Ac.
100 Ac.
100

.

.

1873
1871
....

1869

1,000

1875

r’

.

....

....

.

.

1874

.

1,000
.

1,000
1,000
50

....

....

.

100

,

1871
1866
1868

m

500 Ac.
500 Ac.
100 Ac.

1,000

....

50

’60-’72 100 Ac.
1869 | r 1,000
1876
....

50

1871
50
1856 1
1,000
1867
1.000
1869
1,000
'
61A64 500 Ac.

l»t
6
7

7
7
6
8 g.
4
7
7
7

74,024
1,000,000
2,416,000
1,786,200
302,000
1,500,000
350,000
2,175,500
1,272,000
123,000
400,000
400,000
262,500

7
7
7

7
7
7
7
7
10
7
7
7
7
7
7
2
7
5
3 *2

1*2
7
7

1*2

1,000,000
996,000
803,500
594,000

6 g.
7
4
7
6
6
6

1,777,850

2^

161,000
109,500
81,800
558,000
600,000
500,000
2,000,000
1,710,000
2,395,350
1,286,100
1,870,000
426,000
356,000
105,500

8
8

2,100,000

6
7 g.

1*2
7
7 g.
5 g-

1%
2
7
7
7
7

Cleveland, Tuscarawas Valley A Wheeling.—This
was sold under a 2d
mortgage, Jan. 27,1375, and
re-organized. Gross earnings, 1877, $491,463; net,
$181,523. (V. 26, p. 289.)
Colcbrookd ale.— Leased to
Philadelphia A Read¬
ing. No dividends paid on stock.
Colorado Central—Buiit mainly
by Union Pacific,
which holds the bonds, $5,270,593 in all.
(V. 26, p.
626; V. 2<, p. 269.)
road

Columbus A Hocking Valley.—Cross
earnings,
1878. f871J53; net, $391,177. against
$386,834in 1876.
<V. 24. p. 395; V. 25, p. 90; V.
26, d. 390; V. 23,
p. 399.)

Co.umbus, Chicago & Indiana Central.—On Jan.
22, 1869, it wTas leased (amended Feb. 1. 187",)
by
the Pittsburgh Cin. A St.
Louis, guaranteed by

Penn. Railroad.
The amended lease guaranteed
interest on $15,821,000 of first and second
bonds.
Aug.. ’74. default was made on the $5,000,000 seconds.
April 1, 1875, defaulted on 1st mort. The guarantee
of interest was absolute, but the
Pennsylvania Rail¬
road claims that the C. C. 6c I. C. Co. did
not fulfil
all its part.
Bondholders claim that no such failure
after bonds had been sold with the
guaranty could
prejudice their rights. The case between lessor
and lessee (not as to
bondholders) was decided
May, 1819.
See Chronicle, May
3, p. 453, 503,
and V. 29, p. 146, 169. In 1873 net
earnings were
$111,514, against $455,140 in 1877. (V. 26, p. 166,
3 8 9 522, 574; V. 27, p. D2. 199; V.
28, p. 43, 145,
172, 3 7 7 453, 503; V. 2), p. 146. It9.)
Columbus & 'Iole >o. — Gross
earnings, in 1878,
,

,

*517.871; net, $222,258.
399.)

(V. 26, p. 39o;

V. 28, p.

Columbus & Xenia.— This road is leased to the Littl * Miami Co., and both roads for
99 years to Pitts¬
burg Cinn. & St. Louis Co.; the lease is guaranteed
by Pennsylvania Railroad, and the terms are 8 per
cent on stock aHd interest on bonds.
Concord.—Net receipts in
1877-8, $340,453. (V.

26,

p.

5*1; V 2«, p. 525.)
Poi'tsmouth.—Leased

Concord A

at

Stocks—Last
Dividend.

Whom.

A J.
A J.
A D.

do

July, 1895

do

,

Y., Winslow. L. & Co.
Boston, Office,

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

Jan. 1, 1889
June. 1921
1872

A N.
do
do
May 1, 1879
A A.
do
do
Aug. 1, 1900
A S.
do
do
Sept. 1, 1897
A D. N. Y., Union Trust Co. Dec.
1, 1890
A O.
N. Y.,U. S. Trust Co.
April 1, 1901
A J.
do
do
1902
A J.
Wabash, Indiana
July 1, 1891
F. A A.
N. Y., U. S. Trust Co.
Feb. 1, 1876
J. A D.
do
do
June, ’75 to ’84
J. A J.
do
do
Until 1899
M. A N.
do
do
May, 1899
J. A D. New York or Loudon.
June 1,1914
M. A N.
Cleveland, Office.
0)
F, A A.
N. Y., Ward, C. 6c Co.
Aug. 1, 1893
M. A S.
Sept., 1906
J. A J. N. Y., Union Trust Co.
Jan., 1890
J. A J. N.Winslow, L. A Co
Jan. 1, 1900
do
do
Jan. 1, 1901
M. A S.
do
do
Jan. 1, 1905
Q.-M. N. Y., Farm. L. & T. Co. Sept, 1, 1879
J. A J.
do
do
Jan., 1892
M. A N.
do
do
Nov. 1, 1900
J. A J.
do
do
Jan. 1, 1913

J.
J.

A
A
F. A
A. A
J. A
J. A

Cleveland, Ohio.

D.
Phila., Co.’s Office.
D. Boston, Treas.’s Office.
A.
Columbus, Office.
O. N. Y., St. Nich. Nat. B’k
J.
do
do
J.
do
do

June 1, 1898
June 1, 1890
Feb.

10,
1,
July 1,
Jan. 1,
Oct.

1879
1897
1880
1892

....

2,632,000
775,000
531,000
309,500
217,750
821,000
666,500
341,400

Pay’bie
J.
J.
J.

3
6
7
7
7
7
7 g.
3
7
7
7
7 or 6 g.
3 ia
7 g.
7
7
7 g.
7 g.
7

Bonds—Princi¬

pal, When Due,

When

10s,

10,428.000
451,000

....

1871
1875

7
7
7 g.

600,000
1,272,000
2,030,150
1,500,000
300,000
700,000

...

61ie

mortgage

Cincinnati, Richmond A Chicago.—Leased to Cin.,
Dayton, which owns most of the stock. Net
profit to lessee, above interest. 1877-73, $22,914. (V.

1,000

Rate per
Cent.

11,244,036
1,104,844
2,180,000

....

....

per year....

950,000
669,000

1,000
100 Ac.

1857

52
52

33
33
117
160
142
142
142
142
142

500,000

1,350,000

2,651.000
1,298,000

....

38
38
110

—

1,824,000
14,991,800
150,000
420,000
3,000,000
2,539,000
2,759,200
630,000

....

56
44
7

Connecting (Phila.)—1st mortgage
Cumberland d

750,000
350,000
1.100,300
2,000,000
651,000

....

....

Connecticut Valley—1st
mortgage

Ham. A

.

429,037

1,000

1864
1865

38
38

Connecticut Central—1st
mortgage for $100,000...

and 2d

.■*.

....

Con 7i ccficu t Ri rer—Stock

$353,910) 1st

1,000
1,000

.

New mortgage (for
$1,500,000)
Notes, coupon
Massawippi st’k, guar, same div. as Conn. A Pass.
do
bonds, guar. bjr Conn. 6c Pass

Toledo depot (cost

500 Ac.
50

....

45
118
55
55
141
41
146
110

Concord d
Portsmouth—Stock, guaranteed
Sonnecticut d Pussumpsic—Stock

sinking fund, $30,000

1,000
1,000

•

Concord—Stock

1st mortgage,
2d mortgage
3d mortgage

50
500 &c.
500 Ac.
500 Ac

....

Burlington)

Common bonds
Dakota Southern—1st
mortgage, coup., s. fund—
Danbury d Norwalk—Stock. I
1st. 2d and 3d mortgages
Danville, Urbnna, 11Vton d Pekin—1st M., gold
Davenport d Northwestern—1st mortgage, gold
Dayion d Michigan—Com. stock (3*2 guar. C.II.&D.;
Preferred stock, (8 percent, guar. C. II. 6c
D.)

1,000

1,000

1868
1870

...

Columbus, Springfield d Cincinnati—1st rnort
Columbus d Toledo— 1st
mortgage, coupon, s. f
Columbus d Xenia—Stock
1st mortgage

Pennsylvania—1st mortgage
2d mortgage, sinking fund,
(guaranteed)
Cumberland Valley—Stock ($484,900
preferred)
1st mortgage
2d mortgage,
sinking fund guaranteed

1,000

....

117
208
93
61'
102
107
102
72
224
587

City to Logansp’t)

100
500

....

78

Hocking Valley—Stock
mortgage, sinking fund bonds

1,000
1,000
1,000

1862
1867
1873

....

Columbus d

4,005,750
,

....

101
18

Central—1st mortgage, convertible...

50
50
....

1873
1876
1870
1870
1871
1875

225
199
199

Colcbrookdale—1st mortgage
Colorado

1,800.000

....

..

Consolidated sinking fund rnort. for $5,000,000..
Construction and equipment bonds...
Cleveland, Tuscaraicas Valley d Wheeling—1st m...

1,000

1860
1864
1869
1874

....

Cleveland d Pittsburgh—Guaranteed stock
4tli mortgage (now 1st)

65,000

1866
1852
1867
1871
1872
1871

....

guar

$560,000

1,000

..

....

Outstanding

$1,000

....

....

do

Sandusky city & Ind
2d
mortg. Cine., Sandusky A Cleve
Cincinnati d Springfield—1st
mortgage,
2d mortgage

1866
1869
1871

I

INTEREST OR
<
DIVIDENDS.

Amount

to Concord RR.
$25,000 per year.
Connecticut d Passumpsic.— Annual
report to

A. A O.

April, 1908

Various
A J.
A O.
N. Y., A. Iselin & Co.
A A.
do
do
A J.
do
do
Various
do
do
M. A N.
do
do
J. A J.
do
do
J. A J.
do
do
F. A A.
F. A A.
F. A A.
N. Y., A. Iselin & Co.
M. A S. N. Y., Union Trust Co.
F. A A.
New York.

1893 & ’95

J.
A.
F.
J.

Q.-M.
1VL
M.
J.
F.
A.

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

Q.-J.

A.
A.
A.
F.

A
A
A
A

O.
O.
O.
A.

Nov., 1904
Dec,, 1905
Feb., 1884
Dec., 1883
1886 to’90

Nov., 1904
Jan., 1882 r

Feb., 1890

Sept. 1, 1901
Aug. 1, 1905

Columbus Treasury.
Y., Am. Exch. N. B’k
Boston, Tower, G. 6c Co.

June 10,1879

N.

Sept. 1,1890
May 1. 1879
July 1, 1879
Aug. 1,1879

Boston.
Boston Office,
do

April 1, 1893

do
do

•Jail. 1,1881

Aug. 1, 1879
.July 1, 1889
Oct., 1895
Boston, Bost.& Alb.RR July 1, 1879
N. Y., Am. Exch. N. Bk. Jan.
1, 1901
do

'

Philadelphia.
1900-’l-’2-’3-’4
York, Co.’s Office. March 1, 1891
do
do
May 1, 1888
Phila, and Carlisle, Pa. April 1, 1879
Phila,, T. A. Biddle & Co April 1, 1904
New

do
do
April 1, 1908
do
do
Jan. 1, 1884
New York.
Feb. 1, 1894
Q.-M. New York and Danbury
(I)
J. A J. New York, 84 Broad
w’y 1880, ’90,’92
A. A 0. N. Y., Farm. L. & T. Co.
April, 1909
J. A D.
Dec, 1, 1906
A. A 0. Cincinnati. C. II. A D.Co.
April, 1879
Q.-J- N. Y., Winslow, L. 6c Co. July, 1879
J. A J.
do
do
July, 1881
M. A 8.
do
do
Sept., 1887
A. A O.
do
do
Oct., 1888
M. A 8. 'do
do
Mar..’81 & ’94
.

June, 1878. shovred net
earnings for year $222,590,
against $2-44.340 in 1876-7. Tne new
mortgage of
$1,500 000 will retire previous issues.
(V. 23, p. 301,
547; V. 25, p.211,431; V. 26. p. 367.)
Connecticut Central. Net
earnings, 1876-7, $12,380.

(V. 22, p. 209.)

Connecticut River.—Net income 1377-8,
$205,686,
against $201,931 in 1876-7. (V. 23, p. 500; V. 26,
p.

94; V. 27, p. 537.)

Connecticut Valley. - In default and
lately in pos¬
session of State Treasurer as trustee for
bondhold¬
ers.
Net earnings, 1876-7, $59,019.
(V. 25, p. 61G;
V. 26, p. 18,40; V. 28. p. 41.)

Connecting.—Leased to Philadelphia A Trenton,
by Pennsylvania; terms, 6 per cent on

and operated

$1,278,390 stock, and interest

on the bonds.
Cumberland A Pennsylvania.—Owned and
oper¬
ated by Consolidation Coal
Co., which guarantees
2d mortgage.
Stock $1,500,000. (V. 22'. p. 415.)
Cumberland Valley.—The stock is owned in

large

part by Pennsylvania Railroad Co. Net
1878, $214,514. Large advances have been earnings.
made to
branch roads. (V. 24, t>.
135; V. 26, d. 493; V.
23, p. 4*7.)
Dakota Southern— The
earnings of the road are
renorred at $219,21-4 in 1878, and net
earnings $106,357. Second mortg. bonds for $60°,00J
were can¬
celled and pref. stock issued. S fund is 4
p. c. in
1379 and 5 per cent afterwards.
(V. 25, p. 609; V. 26,
p. 334; V. 23. p. 120.)
Danbury A Norwalk.--Gross earnings, 1876-77,
.

$165,215;

expenses,

$114,96);

net

earnings,
$50,275. (V. 26.p. 141.)
Danville. Crbwa, B oomington A Pekin. This is
a part of the
Indianapolis Bloomington A
-

now

in defaul t.

See I. B. A W.

Western,

Davewort A Nwlhwestern.—Organized
June,
1876, after foreclosure.
Gross earnings 1877-8,
$222,627; net, $17,733. (V. i7, p. 566.)
Dayton A Michigan.—Leased in perpetuity to Cin.
Ham. A Dayton, which pays interest
on bonds, and
guarantees
dividends on stock,
holding itself
$1,398,100 of the common. (V. 29, p. 15.)

,

August

Subscribers will confer a

Miles

-

8

explanation of column headings, &c., s
at tlie head of first page or tables.

Of
Road.
41
85
13
85

Extension mortgage

P. W. & B.
Brook—Stock, guaranteed ..

Mortgage bonds, convertible, guar.

Delaware <£ Bound
1st mortgage
Delaware, Lackawanna <£

.

Western—Stock

.

i)
.

Bonds {convertible June 1, 1875 to ’77)
Lackawanna & Bloomsb., 1st mort. (extension).
do
do
2d mortgage
Denver <t Boulder Valiey—Mortgage bonds, coup.
Denver Pacific— 1st mortgage, gold, land grant.. .
Denver
Rio Grande^- 1st mort., gold, sink, fd

m

m

m

m

Extension mortgage

mortgage sinking

JLiCLEj U

JL Ulllii

Ou VlLvi qUc

.

Ivlv./j u dil

288

291

182
59
59
191
189

40
143
100
43
55
55
90
90
90
30
3G
3G
270
242
112
130

registered..

yV/W dl O CllvlvJ

East Tennessee and Virginia (endorsed).
2d mortgage to U. S. Government
Eastern (Mass.)—Stock
—
Essex RR.lst mort. (extended for 20 ye

-

Mortgage funding

Eel River—Stock

*

....

122
47
75
75
75

1st mortgage bonds
Income bonds, 999 years to run
Erie & Pittsburg—Stock..
1st mortgage,
into
2d mortgage, convertible

consolid. mort..

of State tax

Evansv. & Terre Haute.—Stock ($100,000 is pref.) ..
1st mortgage, Evansv. &
1st mort., sinking fund (Evansville to Terre H.)..
Rockville extension

Ill., sink, fund

Chic.—1st mort., gold

Marquette—Stock

Consolidated mortgage, sinking fund
1st mort., land grant, 3d series
Flint <fc Holly RR. (siuk’g fund $25,000 per year).
Bay City, E. Saginaw, 1st mort., guar by lessees.
Bay County, issued in aid, guar/by lessees

mm

m

m

100
100

500 &c.

1,000
1,000
....

....

100 &e.
500 &c.

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

1,000

1,000
1,000
1,000

1,000,000
200,000
500,000

1,000

1870
50-’56
1856

1,000
1,000
1,000
100

185*6

1,000

1872

I860
1863

81*g
81*2
81 ig

1862
1865
1868

56
58
49
131
51
109
23
55
55

1869
1869
1869

1852
1854
1860
1870
1873

$22,0;3; the total deficiency was

283
283
190
17
13

1868
1867

7 •,
7
7
7
7 g7
7
7
3
7
3
7
6
6
4
3
6

862,400
147,000
190,000

4,997,600

1,000,000

500
50
100 &c.
100 &c

1,000

1,000
.....

500 &c.

1,000
1,000

1,000,000
2,000,000

4,500,000
500,000
500,000

100

3,298,200
3,559,000
2,006,000

500 &c.
500

6 &

814,000

1,000

i,6*do

7
5

7
7
7
7
6
6

100

500 <fcc.

212
312

1%

281,000
611,000
125,500
775,000
325,000

P

212
7
7
7
7 g.
7 g.
3
7
G

8
8
10
10
10

375,500
100,000
75,000

company

& North.—The

old road was

December 14, 1876, and new
organized by bondholders, who issued

$1,874,600 common rtock and $2,504,000 pref. stock.
Gross earnings 1878, $970,033; net earnings,$372,193,

$259,155. (V.

against $282,946 in 1877.
paid on preferred stock

£88; V. 28, p. 326.)
Detroit Grand Haven &

Dividend of $6 per share
February, 1879. (V. 26, p.
Milwaukee.—This.company

Detroit & Milwaukee,
earnings
Detroit &
is to be paid, and the

is the reorganization of the
sold in foreclosure September, 1878. Net
Jan. 1 to Nov. 10, 1878, *233,*204. The

Delaware Lackawanna & Western. —Operations
consist largely of coal mining and transportation.

Pontiac and O. & O.

interest

first mortgage. All
2d mortgage. tV.
26, p. 117, 232, 2 4 2. 367, 391, 419, 574, 599; V. 27, p.
15, 40, 67, 172, 251, 356; V. 28, p. 120.)
$3,651,434
Dubuque & Dakota—The bonds are guaranteed
by Dubuque & Sioux City RR. They miy be paid
bonds may be changed into new
other bonds changeable for new

required to
Income

No annual report is made, except that
the State authorities of Penn. For 1878 the
account is given thus:
Net receipts...
....
Interest on bonds
$411,965

3,198,752—3,610,725

Rentals

$40,709
908,021
authorized for $10,000,000 is to
bonds with $2,82>,0m», and the

Net profit in 1878
Loss for year 1877

The mortgage
take np prior
balance for cash resources.

.

The Morris & Essex

Railroad is leased and some of its bonds guar¬
anteed. (V. 24, p. 181, 605; V. 25, p. 457; V. 26, p.
191; V. 23, p. 144; V. 23, p. 119.)
Denver & Boulder Valley.— This road is leased to
the Denver Pacific.

Tanfic.—Land grant, 1,100,000 acres.

In

earnings were $228,639; net earnings.
$87,546. Receiver appointed April, 1878- (V. 26,
p. 342,408, 4U, 549; V. !f?,p. *53, 274; V, 2.4, p. 67, 197.)
1877-8 groafl

Denvei'&Rho Grande— Narrow-gauzeroad.

Leased
Fe,

from Dec. 1 ,’78, for 30 years to Atch. Top. &, Santa
at 43 per cent of gross earnings first year
decreasing. (V. 27. p. «7. 227, 331, :-S2. 434, 514,539,

603; V. 28, p.

and thence
120, 173, 427, 502, 611; V. 29, p. 40, 66.;

,

&
&
&
&
&
&
&
&

do
do
do
do
do

S.
S.
D.
8.

4

do
do
do
do
do

O.
N. N.Y., Loud. & Frankft.
N. N. Y., Bk. of Commerce.
N. N. Y., U. S. Trust Co.
do
do
do
do
m.'&'n,
New York.
J. & J,
Boston.

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

&
&
&
&
&
&
<fc
&
&
&
&
&
&
&
&
&
&
&
&
&
&

Boston, 2d Nat. Bank,

N.
N.
O.
A.
J.
J.
O.
J.
J.
J.
o.
D.
O.
O.
J.
J.
s.
o.
J.
J.
N.

do
do

do
do

New York & London.
New York,
do
do do
New York.
N. Y.,M.K. J esup,P.& Co.
do
do
do
do

M.
M.
M.
J.
M.

£

Boston.
do
Boston and London.
Boston.

& J. N.Y.,Farm.
N.
A.
N.
J.
& J.
& O.
& O.

do
do

L’anA T.Co.
do
do

N.Y.,Farm.L’an & T.Co.
do

do

Boston Office,
do
do

<fe N. N.Y., Merch’nts’Ex.B’k.
& 8. N. Y., Meehan. Nat. B’k.
do
do
& N.
& J. Newark, N. J., Sav. Ins.
New York.
& S.

penses,

1895
1870
August, 1905 !
July 20,1876-

July 1,
Aug. 1,

1,1881
Sept. 1, 1907
June, 1892
March, 1885

March

April 15,1880
Nov. 1, 1900
May 1, 1890
Nov. 1, 1900
Nov. 1,
June 1,

1900
1905

Aug. 9, 1870^
Jan. 1, 1907^
July 1, 1889May 1, 1880
1908
1909

Nov. 15, 1873*
Nov. 15,1873

April 1, 187*
Feb.
Jan.

15,188$

1, 1878
July 1,1910
April 15,1870*
1883
1894

-

.

Boston.
& S. New York and Boston.
& C. Boston, Second N. Bank
& N.

25,

1, 1905
2, 187fr
1, 1880

July, 1883
Oct., 1883
June, 1890
N.Y., N.Y. Cent. & Hud.
Oct. 1, 1890
do
do
Oct. 1. 1890
do
do
Philadelp’a, Co.’s Office. July 1, 1903
July 15,1870
Phila., by P. A R. RR.
Mar. 1, 1888
Phila., P. & R. office.
N. Y., R. T. Wilson & Co. May 1, 1870
N. Y., Gallatin Nat’l B’k July 1, 1900
Y.,R. T. Wilson <fe Co. 1880 to 1880
May 1, 1880
do
do

& J.

&
&
&
&

Jan.
Jan.
Jan.

do

do

Baltimore, N. Cent. RR.
M. & N. Phila., Penn. R. R. Co.
do
do
J. & J.
J. <fc J. Phila., Penn. Trust Co.
A. & O. Phila., Penn. R. R. Co.
Q.-M. N. Y., Union Trust Co.
do
do
J. & J.
do
do
A. & O.
do
do
J. & J.
do
do
A. & O.
M.
A.
M.
J.
M.
F.
M.
J.
J.
A.
A.

Dividend.

N.Y.,M.K.Jesup,P.& Co.

J. & J
M. <fc S
M. & S

J.

Coupons

Detroit Lansing
sold in foreclosure

M.
M.
J.
M.
A.
M.
M.
M.

New York.

291,700
92,300
2,193,000
745,000

1,000
1,000

F. & A.

Sept.

5

1,998,400

1,120,307

Pniladelphia.
Philadelphia.
New York, Ollice.

Q.-F.

2
G

570,000

100

500 <fcc.

332

13,165,619
2,712,500
1,200,000

1,000

....

Is-

3,123,000

500,000
500,000
500,000

1872
1868

7
8
7

495,900
1,968,274

100
50
50

J. & J N. Y., Am. Exch. N. B’k
J. & J
Dover, Co.’s Office.
J. & J Phila.,Girard Nat. Bank
J. & J Phil., Fid’lity I.T.&.S.Co

J. & J.
J. & J.
M. & N.

7
8
8
6
5

194,400

....

pal, When Due.
Stocks—Last

Wlitom.

Payable

332

1,309,200
-

Payable, and by

‘

250,000
100,000
400,000
5,000,000
296,000
586,000
81,500
450,000
2,000,000

50
100 &c.
100

Is•

150,000

1

100
500
500 &c.
500

1858

7 g

of the
foreclosure.

26,p. I4i ; V. 2S, p.69.)
(Delaware & Bound Brook.—Leased to Phila. <fc
Reading for 990 years, lessee paying int. and 6 per
cent on stock in 1879-81, 7 per cent in 1881 83, and
8 per cent afterward. Gross earnings 1878. $270,570;
net, $119,021. (V. 26, p. 342; V. 38, p. 451, 503.)




2,229,000
6,382,500
5,000,000
1,040,000
1.200,000
1,874,000
2,504,000
1,975,000
770,000
81,000
(?)
(?)
150,866
51,000

500 &c.

1,000

....

550,000

1,000
1,000
1,000

1863
1864
1863
1863
1870
1870
1870
1873

600,000
370,900
209,000

Des Moines & Fort Dodge.—Tnis is part
Des Moines Valley, reorganized after
There are also $1,2)0,000 income bonds.
of Ji.n., 1877, were funded.

Dayton <fc Western. Leased to Little Miami, and
with that to Pittsb. Cin. & St. L. About $90,000 of
old ext. mortg. bonds of 1881, are yet out, which
will be retired shortly.
Delaware.—Leased by Phila. Wilmington & Balti¬
more till 1897 for 6 per cent on stock and bonds, but
if 80 per cent of gross earnings does not pay that,
the balance is charged annually to Del. RR. In ls78,
gross earnings were $305,580, and deficiency charged

Denver

3,067,000

•

1,000

1874

BondSi(Coupons, | ($4>0oo,000 authorized) £

was

•

Where

When

Q.—J.
77
7
7
7
7 g

1,633,000

100 &c.
100 &c.

189

Fitchburg—Stock
Flint & Pere

•

1874

1877
1869
1870
1878
1878
1853
1853
1851
1854
1853
1879

1,500,000
26,200,000

50
500 &c.
.

.

3
6
6
llo
7

1,500,000

•

1879
1870

100

Equipment bonds
Europ'n & N. A m.—1st M., Bang’r to Winn.,Bang’r l’n
Land grant 1st mort. (2d mort. Bangor to Wmn.).
Bangor &c Piscataquis, Bangor loan, 1st mortg...

Evanville, Terre Haute &
2d mortgage, gold

....

•

•

100

*"

Consolidated mortgage free

»

.

6 & 7

100,000
650,000

...

1,000

1876

certificates

convertible

$614,000
1,430,216

50

•

1859
1875
-

Rate per
Outstanding Cent.

....

282

Elmira Je1Y. <& Canandaigua.—Stock.
'
Stock,
common.
Elmira & Williamspor'I—St
Preferred stock
'

-

....

Georgia—Stock...
fund bonds
\CpU

-

Amount

Par
Value.

....

Fast Tennessee, Virginia <£•
1st

$1,000

-

1856
1877
1872
1859
1858
1870
1869
1870

43
88

Dubuque <£ Dakota—1st mort., gold, guar...
Dubuque & Sioux City—Stock
1st mortgage, 1st division
1st mortgage, 2d division (for $1,400,000).
Dubuque Southwestern—1st mort., pref., sink
1st mortgage, Oct. 1,1803
Dunkirk, Alteyh. Valley & Pittsburg—1st mor
2d mortgage
3d mortgage
East Broad Top— 1st mortgage,
East Pennsylvania—Stock
1st mortgage

1865

13 5

Sterling (Oak. & Otta. RR.) Oct. 1, 1853, gold...
Dollar (Oak. & Otta. RR.) bonds, Oct, 1, 1853...
Uib (X* rUIltldv

Size, or

1875

.

.

Date
of
Bonds

27
195

GO
25
22
106

Arkansas Valley, 1st mortgage
Des Moines <& Fort Dodge— 1st mortgage, coupon...
Detroit, Lansing
North.—Stock, common
Preferred stock
1st mortgage
Ionia & Lansing, 1st mort., coup., may be reg...
do
2d mortgage
do
do
Del. Or. Haven & Mil— 1st M., guar.,(for $2,000,000
2d mortgage, guar., (for $3,o00,000)

llivl (

discovered In tiiese Tables.
Bonds—Princi¬

INTEREST OR DIVIDENDS.

Delaware Itailroad—Stock.
.

XIX -i.

giving Immediate notice of any error

great favor by

DESCRIPTION.
For

BONLS

RAILROAD STOCKS AND

30, 1879.]

July 15, 1873
Sept. 15,1893
Sept., 1906Feb., 1879
Mar. 1, 1902
Sept., 1878
May, 1879
July, 1879
Jan. 1, 1880
Oct. 1, 2862
June 10, 1870
July 1, 1882
April 1, 1830
July 1, 1898
Oct, 1, 1890
Jan. 1, 1880
Mar. 1, 1890
April 1, 1899
Nov., 1878
Jan. 1, 1887
Nov. 1, T887
Aug. 1, 1880
May 1, 1900
Jan. 1, 1903
July 1, 1870
April 1, 1894
April 1, 1898

May, 1902
Sept. 1, 1888
May 1, 1888
July 1, 1882
Sept. 1. 1887 |

$612,641, and net earnings,
V. 27, p. 626.)

p. 40(3;
Eastern

$409,608. (V.

embarrassed 1875,
made to fund the old issues
till Sept., 1879. then 4#

(Mass.)—Company

A general mortgage was
of debt, bearing 3% per cent

fior1877-78
cent till
6 for balance
of termnetSent.,
income
1882,
wasand
$629,792.
The Eastern
in
n

N.

II., a separate

corporation, is leased. (V. 26,

548; V. 27, p. 15, 251, 356, 382, 637, 626.)
Eel Liver.-- This is the Det. Eel R. & Ill. re-organ
ized. Net earnings 1878, $67,842. (V 28. p. 2 76.>
Elizabethtown Lex. db Big Sandy —This road is to
he a western connection of the Che-rapiake & Ohio,
333s miles are completed. See V. 29, p. (6.
Elmira, Jeff. & Canandaigua.—Originally leased
to the New York & Erie Railroad Co. and operated
by it unti! May 1, 1866, when the lease was transf. rred to the Northern Central Railway Co., by
which it has since been operated.

p.

to North.
$165,000 per
year. Bonds due 1880 to be extended at 6 per cent.
(V. 28, p. 253.)
Erie & Pittsburg.—Leased in perpetuity to the
Pennsylvania Railroad and transferred to Penn. Co.;
off any time at 105.
Dubuque & Sioux City.—Leased to Illinois Cen¬ the terms guarantee 7 p. c. per annum on stock and
tral, in 1867, for 20 years, at 35 per cent of gross earn¬ debt. Net earnings, 1878, $157,602; inter. 6t and
ings first ten years, and 36 afterwards. In 1876 gross dividend charge, $372,540. (V. 28, p. 377.)
European <fc North American.—Defaulted in 1675
earnings were $978,279; in 1377, $921,412; in 1878,
Sterling mort. on N.Brunswick Div. forcc'osed Aug.,.
$921,170.
(V. 26, p. 18, 142, 418; V. 27, p. 148, 251. 628.)
1878.
Dubuque Southwestern—Farley to Cedar Rapids, la.
Evansville <k Terre Haute -Thin was ihe Evans¬
Gross earnings, 1877, $105,312; expenses, $97,215.
ville & Crawfoidsville.
Net earnings 1877-8, $178,(V. 26, p. 264, 459.)
748. (V. 25. p. 456; V. 27. p. 538.)
Dunkirk Allegh. Valley & Pittsburg.—A consoli¬
r.vansville, Terre Haute & Chicago.—Gross earn¬
dation, Dec. 1, 1872. Road leased ana bonds mostly
held by N.Y. Central & Hudson, which pays interest
ings, 18767, $203,371; net, $70,923. (V. 21, p. 136.)
fiitchburg.—lje&nefi Vr.& Mass. Net income, 1877-8,
Net deficit on operations 1878, $645.
as rental.
above rental and interest, $253,766.
(V. 26. p. 94,
East Bread Top. -Mainly a coal road.
East Pennsylvania.—leased to Philadelphia &
117, 391, 548; V. 27, p. 567; V. 28, p. 17, I2tj; V.29,
p. 41. 67.)
Reading. Dividends are 6 per cent per annum.
Flint & Pere Marquette.—Receiver appointed,
Virginia
East Tennessee
Georgia. — Leases June.
1879.
Gross earnings in 18 8, $1,081,147;
Memphis & Charleston Railroad for its own account
in
1877, $997,965;
and h* t earning- in 1878,
and risk, paying over net earnings. Gross earn¬
against
$410,679
in le77. The land®
$433,370,
ings year ending June 30,1878, were $1,022,651; ex¬
Elmira & Williamsport.—Leased in 18H3
Cent, for 999 years.
Rent amounts to

l:

KAILROAD STOCKS AND BONDS.

XX

Subscribers will confer

a

great favor by giving immediate notice of any error discovered In tliese Tables.

DESCRIPTION.

Miles

Date
of
of
Road. Bonds

For explanation of column headings, Ac., see notes
at the head of first page

of tables.

Flint d Fere Marquette—(Continued)—
Construction bonds
Holly, Wayne A Monroe, 1st mort., sinking fund.
Florida Central—1st mortgage, gold, coupon
Flushing, North Shored Cent.—1st mort. (F1.AN. S.)
2d mortgage (FI. A N. S.)
Central of L. I., 1st mortgage
do
do
Extension 1st mortgage
Fonda. Johnstown d Gloverseille—1st mortgage
Fort Wayne, Jackson d Saginaw—1st mort., coup...

65
59
58

10

100

equipment bonds, coupon
Foi't Wayne, Muncied Cincinnati—1st mort.,gold...
2d mortgage
Framingham d Lowell—1st mortgage bonds........
Frankfort d Kokomo— 1st mortgage, gold
Galveston, ifarrisb.d S.Antonio—1st mort, gold, l.gr.
Galveston. Houston d Rend, of 1871—1st mort
Geneva, Ithaca d Sayre—1st mort., 8. f., gold
Georgia Jtailroad d Banking Co.—Stock
Bonds, not mortgage

100
109
109
26
26
215
50
35

New stock for £10,000,000
Debenture stock for £8,000,000 (act of

332
332
332
332

Short bonds exchanged for bonds due 76, ’77, ’78.
Greenville d Columbia— 1st mort.,guar.by State
Bonds not guaranteed
.

..

New mortgage (for $2,500,000)
Hannibal d: St. Joseph—Common stock
Preferred stock (7 p. c. yearly, not cumulative)...
Missouri State loan
Bonds 1870, convertible
Bonds, secured by $2,500,000 I’d notes
1st mortgage (Quincy
1st mortgage (Kansas

A Palmyra HR;
City & Cam. RR.)
Oarrisb., Portsm’th, Mt. Joy d Lane.—Stock
1st mortgage

Huntingdon d Broad Top—1st mort., gold
2d mortgage, gold

Redemption, 1st and 2d series
Mortgage bonds, sterling
Sterling bonds, (sinking fund £20,000 yearly)
Mortgage, sterling
Bonds, coup. ($2,000,000) M. onCli. A Sp. RR

Indianapolis, Bloomington d West.—1st mort., gold.
2d mortgage

Ind., Bloom.. A W., Extension, 1st mort., gold
Indianapolis, Cincinnati d Lafayette—Stock
Preferred stock (issued for funded debt bonds)...
Indianapolis A Cincinnati of 1858, 1st mort

Florida

Central.—From

Jacksonville

to

Lake

City.

Bonds authorized, $59 t.OCO. G»<>sf earnings
1877-8, *156,458. (V. 28, p. 599.)
Flushing, North Shore & Central.—Leased to
li. I. RR. -There are, m addition to above,
$125,000
N. Y. & Flushing RR. 7s; $149,uOO North Shore
7s;

and $93,000 Whitestone & Westchester 7s.
Com¬
pany embarrassed, since Sept., 1877.
Central of
<L. I. 1st mort. foreclosed and road sold
Aug., 1879.

<V. 27. p. 677; V. 29 p. 17,19 >.»
Fonda, Johnstown db Gloversville.-Net earnings
1976-7, $4-.< 66.

Fort Wayne, Jackson & Saginaw.—Traffic
guaran¬
tee 40 per ct-nt fiom Mich. Cent.
Decree of fore¬
closure made July, 1879. In 1878
gross earnings were

$428,167: in 1877, $254324 Net earnings 1877, $109,669. (V 26, p. 264: V. 27, p. 331; V. 24 p.199, 3 00
>
Fort Wayne, Mancie
& Cincinnati.—Receiver
appointed November. 1874. (V. 23, p. 396.)
Framingham <t Lowell. -Leased to Boston, Clin¬
ton & Fitchburg: has also $250,000 8
per cent notes
due in 1882-3. (V. 26, p. 166.)
Frankfort Jr. Kokomo.—Small road in Indiana.
Capital st« ck, $600.00 ’.
Galveston, Har/isbuj'g & San Antonio. —Gross
-earnings 1877, $1,052,568: expenses. $350,204; net
earning?, $692,363. A sinking fund of 1 per cent
■begins in I860.- The company has 16 sections of
land per mile. (V.26, p. 3 66.)
Galveston. Houston & Henderson.—Net earnings
1878, $184,595. (V. 38. p. 146, 172.)
Geneva, Ithaca & Sayre.—Sold Sept. 2, 1876, and
re-organized, this mo:t. being the old I. & A. mort.
<See V. 23, p. 256, 304. 451; V. 24, p. 110.)
Georgia Railroad & Banking Company —The an¬
nual report for the last fiscal year, ending
April 1,
1879, was published in V. 28, p. 50i. A comparative
•

atatement for three years was as




follows:

8
8

309.000

7
4

500 Ac.'

800,000
400,000
1,000.000
200,000
300,000
1,500,000
500,000

7
7
7
7
7
8
8

1,800,000

7 g.
8

$41,405

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

1,000

l’oo’o
1,000

500,000
500,000
200,000

l’ooo
1,000
1,000

1*000

1,493,000
000,000

4,200,000
483,000
1,000,000
2,800,000

4,000,000
3,205,000
795,000
£3,486,787
7,500,000
2,560,000

1,000
1,000

•

500,000
1,200,000
3,218,149
2,327,808
7,166,910
£6,037,991
505,753
2,165,830
1,000.000
500,000

350
350
145

£100
’58-’78
1871-2
1877

ii’o’O

$:;*:

143

•

143
296

-

1876

Too

50

345
119

58
464
58

112
202
202
217
184
184
90

1869
1873
1878
1866
1870
1873
1872
1875
1877
1854
1857
1865
1864
1875
1874
1875
1877
1869
1870
1872

1875
1858

Tot. gr.

earng’s...

Operat’g expenses.

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

5
6
7
7

100
500 Ac.
£200
£200
£200

1,000

r

1,000
1,000

1,000
50
50
500 Ac

7.
29
10

1877-8.

6
....

1902
May 1, 1903
July 1, 1900
July 1, 1889
Oct., 1891
Oct., 1889
April, 1896
April 1, 1891
Jan. 1, 1908
.

1910

1899

18k9
1906

April, 1877
Jan., 1920
Perpetual.
Irredeemable.
Irredeemable.
Irredeemable.

April, 1878
April, 1878
Perpetual.
Dec., 1890

0.

Columbia, Co.’s Office.
do

Oct., 1880-82
1881 to 1886

do

Aug., 1870

A
A
A
A

J. N. Y., B’k. No. America.
8.
do
do
J. N. Y., Farm. L. A T. Co.
A. N. Y., B’k. No. America.
A J.
do
do
A J.
Pliila., Co.’s Office.
A J.
do
do

1884-1887

Mar., 1885
Jan. 1, 1888

Jan., 1892
Jan., 1886
July 1, 1879
July 1, 1883

....

Q.-J.
F. A A.

Bridgeport A Boston. July 15, 1879
Bridgeport and Boston.
1885
do

....

do

.

1889
1883
1898

....

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

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

g.
g.
g.
g.

g.
g.

6

g:
g.

g.
g.
g.

N.
New York.
J. N. Y., Nat’l. City Bank.
J.
do
do
J.
do
do
O. N. Y., J. J. Cisco A Son.
N.
do
do
N.
do
do
.

0.
A.
O.
S.

Philadelphia, Office.
do
do

do
do

N. Y., Co.’s Office.
0.
N. Y., Co.’s Office.
O.
London.
O. London,Morton R.A Co.
D.
J.
O.
J.
J.

do
do
N. Y., Co.’s Office.
New York.
do
do

July 1, 1891
July 1, 1891

July 1, 1903
Oct. 1, 1912
May 1, 1915
May, 1887
Oct. 1, 1890
Feb. 1, 1895
April 1, 1895
Sept. 1. 1879
April 1, 1890
April 1, 1895
April 1, 1903
Dec. 1, 1905
Jan. 1, 1898
Oct., 1909
Oct., 1890

1912

-

I

7

1878-9.

$997,718

727,10)

6A325

Net earnings
286.012
500,017
333,392
In May, 1875, this company, with the Central
Ga.,pur¬
chased at foreclosure sale the Western RR. of Ala.
For Montgomery & West Point 8 per
cents this
company offers sixes.
(V. 25, p. 90; V. 26, p. 468;
V. 28, p. 501.)
Grand Rapids & Indiana.—Gross
earnings 1878,
$1,200,629; net, $215,478. Unguaranteed bonds are
secured by the same mortgage as the
guaranteed
on the land grant.
Since Dec., 1875, 1st mortgage
bonds r-deemed by sinking fund are rep’aced
by
income bonds issiu d to Continei tal
Improvement
Co.
The Penn, railroad virtually buys the
coupons
paid by it, and h Jds $1,652 110 of them. (V. 26,
p. 95, 192, 239, 4 4 3, 549,6*5; V. 29, p. 116.)
Grand Trunk (Canada).—The above figures repre¬

ponnds ster;ing.
Net earnings in half year
ending Dec. 31,1878, £224.750. Interest, rent ds, &c.,
£209.757. (V. 26, p. 265, 443; V. 27. p. 95, 148, 382,
408, 460; V". 28, p. 453, 4 7 4 553; V. 29, p. 4 *,
146.,
Great Western (Canada).— TLe above
figures are
given in pounds sterling. For the half year ending
Jan. 31, 1879, th« gross
receipts were £387,295;
working expenses, £255.794: net eafniners, £131,501.
(V. 26, p 265, 443, 574: V. 27, p. 94, 381, 513 S V.
23, p.474; V. 29, p. 146.)
(ireenville & Columbia.— This company defaulted
sent

,

Net

earn¬

ings 1877, $180,614. (V. 26, p. 547-; V. 27, p. 227;.
V. 28, p. 553.)
Hannibal
St. Joseph.—Gross earnings in 1878,
$2,045,450; net, $780,355; intere-t charge. $660,000.
Thecompany has about $*2,500,000 in land notes, and
about 90,000 acres yet unsold. The bonds secured
on land notes have a
sinking fund of $25,000 per
quarter. (V. 26, p. 242 3MO. 625; V. 27, p. 279,
487, 603; V. 23, p. 199, 220, 641; V. 29, p. 95 )
Harrisburg Portsm. Mr. Joy da Lancaster.— Leased
to Penn. RR which owns a majority of the stock.
Housatonic.—Lease? Berkshire Railroad, Stock,

do
do
do
do
do

London A Montreal.
do
do
J. London Joint Stock B’k.
A D.
do
do
do
do

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

3*2

6
5
5
6
7
8
7

Mar. 1,

-

$1,013,712

but compromised with its bondholders.

do
do
do
do
do

....

7
8
10

580,000
2,500,000
416,000
367,500
1,500,000
29,000,000
2,500,000
2,500,000
4,393,000
1,000,000
1,600,000
3,000,000
1,500,000
5,500,000
5,587,150
1,419,400
1,600,000

1,000

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

....

8

6
7
7
7
7
7
8
8
7
7
7
7
3

1, 1907

July 1, 1902
July 1, 1890
Augusta,Ga., RR. Bank. Dec. 15, 1878
do
do
yearly to 1890
do
do
July 1, 1897

.

3,292,000

500
500

May 1, 1889

do
do
do

....

7
6

125,000

1,000

N.Y., Chatham Nat. Bk.

0. London, at Co.’s Office.

A
A
A
A
A
A
A
A
A

....

6,896,000
2,375,000
940,000

1,000

A.
J.
F.
J.
J.
J.
A.
A.
J.
J.

2^2

7

1, 1901

....

5-16

100,000
300,000
150,000

1853

1, 187C

Jan.
Jan.

....

6 g
6 g.
Various.
5 g
5 g
4 g.

2

50

120
120
74

....

1,180,000

1867

Jan.

....

....

100

1*000

New York.
N. Y., Mecli. Nat. Bank.
N. Y., Farm. L. A Tr. Co.

do
do
do
N. Y., St. Nidi. Nat. B’k.
N. Y., Farm’s. L. A T. Co.
0.
do
do
0.
Boston, Office.
O.
do
0.
Boston.
J.
New York.
A.
Bost. A London.
J. N. Y., F. P. James A Co.
J. N. Y., Metrop. Nat. B’k.
J.
J.
J.

Stocks—Last
Dividend.

J. A J. N. Y., Winslow, L. A Co.
A. A 0.
do
do
M. A S.
do
do

...

632,237

J.
J.
J.
N.
N.
S.
N.
J.
J.

....

Too

1,000

.

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

....

9,168,700
5,083,024
3,000,000
4,000,000
531,000
500,000
1,200,000
1,182,550
700,000
820,000

100
1853-7
1870
1878

-

Where Payable, and by
Whom.
Payable

....

$1,413,071

Various

-

7 g.
7 g.
7

‘

£25
£100

o*

ȣ*1, When. Due.

When

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

cr

7
7
6 g.
7 g.
7 g.
3
7
6

4,200,000

100 Ac.
100
500

1869
1869
1875

five trusts:

$2,277,436;
Conpors on consol, bonds passed Nov.. 1875, and
part were funded. (V. 26, p."417. 54S; V. ?S, p. 68,
146, 223, 525. 599: V 29. p. 17.7

1,000,000

495%

58
58
707

Illinois Central—Stock

Rate per
Cent.

1,000
1,000

500,000

’58

3d mortgage .consolidated

for

Outstanding

3,111,500

53
54
54

Preferred stock
1st mortgage
2d mort. bonds of 1869
Equipment bonds of 1873
IJoust. Last d West Texas.—1st
mortgage, gold
Houston d Texas Cent.—1st M., (main) gold,
l.gr.,s.f.
1st mort., 1. gr., West div. (Hempstead to
Austin)
1st M., gold.Waco A N’west (Bremond to
Ross)
-Consol, mort., land grant, Main and Western Div.
do
do
Waco A Northwest
Income and indemnity bds, 3d M. on road A lands.

sales in 18T8, 9.t-21 acres, for
to Jan. 1,1878,275.7 2 acres,
lands then unsold, 235,779 acres

Amount

Par
Value.

1,000

Bonds—Prmci-

INTEREST OR DIVIDENDS.

or

15

Housatonic—Stock

$135,805; total net sales

Size,

1877

1873
1875

1874)....

Debentures
New bonds, coupon

in

1872
1870

1,390

(t/anadian debentures
Equipment mort., 1st on all rolling stock
do
2d
do
do
Postaltionds, Ac., secured by gov’t business
1st pref. bonds, eonv. into 1st
pref. stock
2d
do
do
2d
do
3d
do
conv
Great Western (Canada)—Common stock
Preferred 5 per cent, convertible into common...

are

1870
1869
1871
1869
1871
1871
1879
1873

232

do

Grand Rapids d Indiana—Stock
1st mort., land grant, gold (guar, by Pa. RRj
1st mort., gold, ($2,195,000 are land
grant)
Income mortgage bonds, for $10,000,000
Grand Trunk (Canada)—Consolidated stock

1871
1877
1869
1870

1872
1873

2d mort. and

do

[VOTi XXIX.

....

jA. A 0.

N.

Y., Amer. Ex. Bank.

April, 1888

bridge & Pittsfield, and West Sto
earnings in 1877-8 were $570,413; n

Houston East cfc West Texas.—In
ton to Shrevet.ort, 225 miles. Narrow
-

$7,000

'

v

gauge;

bonds

per mile.
Houston cfe Texas
Central.—Capital stock is $7,722,901). Gross earnings for year

ending April 30, 1879,
$3 03‘,631; net, $1,3*6 906, against $930,042
Company ow*ns about 5,240,000 acres
land agamst first and consol, mortgages.
(V. 26, p.
40, 290, 334; V. 2°, p. 41. 1 1 8, 119.5
Huntingdon & Broad Top. - Capital stock is $2,052,800. Gross earnings in 1876 were $*2>>8,889; net
$132,693. Interest passed on 3d mortgage bonds.
(V.24, p. 369.)
Illinois Central.—The general
mortg. of 1874 pro¬
vides for all bonds outstanding. It is limited to
$15,000,000. The Company controls the Chic. St.
Louis & N. O. road,
owning 62,792 shares of its
stock. $1,087,000 of flr.-tmort. bonds, and $4,953,000
of the 2d mort. income bonds. In
July, 1877, took
the Chicago A Spring, under lease, ai.d issued the
were

net

in 1878

bonds secured on that road
In 1878. net income
from all sources was
$3,147,387, leaving a surplus of
$665,532 over annual charges and dividends. Fol¬
lowing is a comparison for four years:
Gross
Net
Interest,
Year.
Earnings.
Earnings.
Ac.
1878
$7.111,f84
$3,015,229
$651,182
1877
6.639,845
2,546.561 ,

582.99U
7,040.969
2,144,776
616,792
1875
2 670.081
7,602,556
661,098
(V. 26, p. 164, 548, 574; V. 23, p. 95, 198. 199.)
Indianapolis, Bloomington & Western—Default was
first made July. 1874, and foreclosure took
place
Oct. 30, 1878. Receiver’s certificates issued to con¬
siderable a nount. 1 uC Danville, Urbana, Bloom¬
ington A Pekin is part of this road. Net e&rninge
of main line in 18 7-8, $302,803.
(V. 26, p. 67, 190,
420, 470, 548: V. 27, p. 41, 148, 172. 199. 223, 357, 383,
435. 461, 486, 677; V. 28, p. 18. 146, 221, 224,
276,
302, 352, 40b 526.)
Indianapolis, Cincinnati & Lafayette.—The com¬
pany defaulted July, 1876, and Mr. Ingalls, President,
1876

August

Subscribers will confer a

great lavor

DESCRIPTION.
For

explanation of column headings, <fcc., see
at the head of first page of tables.

notes

Indianapolis Cincinnati d Laf.—( Continued )—
Indianapolis, Cincinnati & Lafayette
do
do
do

by giving Immediate
Miles
of

Date
of

Road

Bomb

151
179

1867
1869
1873
1873
1862
1867
1876
1876
1869
1870
1871

Funded interest bonds, coupon

Equipment bonds, registered
Cin. & Ind., 1st mortgage
do 2d M., guar. ($1,000,000 due ’77 ext. to ’92)
Indianapolis Dec. d- Spr.—1st M., gld (for $1,800,000)
2d mort., (income bonds only till July, 1881)
Indianapolis d SI Louis—1st mort., in 3 series
2d

mortgage.:!.

Equipment bonds

Indianapolis d Vincennes— 1st mortgage, guar..
2d mortgage, guaranteed
1

International d Ch'eat Northern—Consol, stock...
International, 1st mortgage, gold
Houston & Great Northern, 1st mortgage, gold...
International 2d mortgage
Houston & Gt. Northern 2d mortgage
Funded coupon bonds
Iowa Falls d Sioux City—Stock
1st mortgage, April !, *69

Jacksonv., Pens.d Mob.—Florida

State bonds, gold...

Jefferson (Pa.)—1st & 2d morts. (Hawley Branch)..
1st mortgage (Susquehanna to Carboudale)....
Jeffersonville, Madison d Indianapolis—Stock ..
Indianapolis & Madison, 1st mortgage
Jeff., Mad. & Ind., 1st M. (s. f. $15,000 per year).
do
do
2d mortgage
Jersey City d Albany—1st mort. (for $5,090,000)..
Joliet d Northern Iiidiana—1st mort., guar by M. C.
Junction, Philadelphia—1st mortgage
2d mortgage
Kansas City, Fort

Scott d Gulf—1st m.

1. gr. s. f.....

Kansas City, St. Joseph d Council Bluffs—Stock
1st mortgage, Council Bluffs & St
Kansas City, St. Jo. & C. Bl., mortgage

Joseph

do
income bonds, reg...
Pacific—Stock
Consol, mort., gold, (for $30,000,000),coup.or reg
1st mort., gold, coup., on 140 miles west K.o. Riv.
1st mort., gold, 140th to 393d mile
2d mort (to U. 8. Gov.) on 394m. west Mo. River.
1st M., 394th to 639th mile, l’dgr., 3,000,000 ac’s
do

miles.

2,000,000 acres

Consol, funding mortgage
June. C. & Fort K., 1st mort.,

gold, land gr., guar
Kentucky Central—2d mortgage
3d mortgage

JKeokukdDes Moines—1st M., int. guar.
Knox d Lincoln—1st mortgage

C. R. I. & P.

Lafayette Bloomington d Jim.—1st mortgage
Lafayette Muncie d Bloomington—1st mortgage
Lake Shored Michigan Southern—Stock
Guaranteed 10 per cent stock
Consol. 1st mort., (sink, fund, 1 per cent) coupon.
do
registered
do
do
2d mortgage, do. (for $25,000,000) coup, and reg.
Income bonds, coupon or registered
Mortgage bonds of Oct., 1869, sinking
1st mortgage, sinking
2d mortgage (C., P. &

fund

fund, M. S. & N. I
A. RR.) registered bonds..

3d mortgage
do
Lake shore dividend bonds, April, 1869
1st mortgage (C. & Tol. RR.) sinking fund

2d mortgage
do
Buffalo
Erie, mortgage bonds
do
do
do
do
Det. Monroe & Tol., 1st mort., coup., guar
Kalamazoo & White Pigeon, 1st mortgage

Schoolcraft & Three River. 1st mortgage
Kalamazoo & Schoolcraft, 1st mortgage

& Gr. Rapids, 1st mortgage
stock, 6 per ct. guar.
<
& Franklin, 1st mortgage

Kalamazoo, Allegan
do

Jamestown
do

do

do

2d mortgage

71
71

Amount

$2,800,000

1,000

1,767,000

150 &c
500 <fec

446,300
353,000
499,000

500 &c

117
519
204
255
204
255

1,000

1874
1874

9
38
226

86
159

1869

1,000
1,000

1862

100
500 &c.

159

1866
1870

44

1878
1877

161
274
52

300.000

100

1866
1877
1877

1,000

500,000

1866
1,000
1865-7
1869
1,000
1866
1,000
50 &C.
1866
250 &c.
1870
1871
1,000
1876
1,000
33^ 1873
1853
99
1,000
1855
1,000
99
lOO&c.
1878
162
49 ’69-’72
1871
1,000
82
1871
1,000
37
100
1181
100
1870
1,000
864
1870
1,000
864
1,000
1873
864
1872
1,000
1,000
1869
864
1855
1,000
451
1859
1,000
95
1867
1,000
95
500 &c.
1869
258
1855
1,000
162
1866
1,000
162
1862
1,000
88
1866
1,000
88
500 <fce.
1868
88
1876
1,000
62
1869
37
1867
12
1867
13
1868
58
1863

1,000

1869

1,000

1,500,000
600,000
844,000
237,000

2,750,000
2,395,000
1,300,000
666,000

920,000

1,356,000
1,595,000
849,000
200,000
300,000
2,834,000
924,000
400,000
100,000
100,000
840,000
610,000

July, 1881. Interest is

payable out of net

earniogs only if sufficient.
Stock is $500,000.
Gross earnings, 878, #110,317; net, $28,965. (V. 27,
p. 251; V. 28, p. 277, 624.)

Indianapolis Jt St. Lours—Of the 1st mrrtease
J. & J.; series “ B,” M. & S.;
The stock, $600,000, is owned
by Pennsylvania Co. and Cl. Col. Cin. & Ind. Be¬
longs to Penn, system, and leases the St. Louis A.
& T. H. In 1877-8, net earnings were $313,903;
payments, $698,690. (V. 26. n. 95, 614. 654; V. 27,
p. 11, 409, 454, 603; V. 2-», p. 377; V. 29, p. 95.)
bonds series “A” are
series “ C,” M. & N.

Indianapolis & Vincernes.—Is leased to Penn.
stock ownership, and interest is guar¬
anteed by Penn. Railroad, biet earnings 1878, $5,318.
(V. 28,p. 18,377.)
Co., through

International <t Great Northern (Texas).—A con¬
solidation of the International and the Houston &
Great Northern.
Receiver appointed April, 1878,

plan of re-organization made, as per Chron¬
icle, V. 27. p. 95, 331. and sale was nude July M,
1879. pursuant thereto. Net earnings, 1878, $571.9^2.
Land grant about 5,'03,009 acres
(V. 26, p.342,
547; V.27, p 95,331; V. 28, p. 351, 42f; Y. 29,
p. 41, 120.)
and

M. & N. N.
F. & A.
J. & D.

g.

M.
M.
M.
J.
M.
A.
A.
M.
J.
A.

g.
g.

g-

g.
g.

7

7
7
7
7
7
7
7
7
7
7
7
7
7
7

>

V. 24, p. 40, 204; Y.

Jefferson.—Leased to the Erie Railway

the bonds.

Company,

Indianapolis. —Leased
Company for interest
cent a year
Railroad.
net eamV. 28, 378.)
Albany.—This was sold in fore*

Jeffersonville, Malison &

Jersey City <&
closure and

re-organized, 1878.

(V. 23, p. 624.)

Indiana.—This 7 per cent bond,
guaranteed by Michigan Central, issued in place of
old 8 per cents. (V. 25, p. 592; V. 26, p. 40.)
Junction (Phil>—Owned by connecting companies.
Cost of road $1,061.'»30; paid-up stock, $250,000.
Net earaiDgs 1S78, $57,963. Dividends 14 per cent.
Kant as City, Fort Scott & Gulf.— The Mo. River
Joliet & Northern

Fort Scott & Gulf was

sold in forecloeure Feb. 4,

1879; the 1st mortgage bondholders took new 7
percents for 80 per cent of their bonds, and for all
other claims stock was issued.
Gross receipts in
1877, from road and lands, $1,004,545; net. $263,894.
(V. 25, p. 308; V. 26, p. 342, 391; V. 28, p. 42, 146,
624.)
Kansas City, St. Joseph
above statement is made of

& Connell Bluffs—The

the securities as issued
In 1818 gross earnings were

sincere-organization.
*1,533,650, and net earnings
390; V. 28, p.

350, £99.)

$448,059. (YT 26, p.

Kansas Pac.—Scrip for coupons funded is about
$2,50).000. In 1878 gross earnings were $3,610,224,

$1,367,777 in
2,000,000 acres
380th mile, and.
330th mile west¬
JacksonvillePensacola <t Mobile.—This road is
ward. (V. 27.1). 16. 41, 95, 96, 121, 136. 200, 228, 251,
mortgaged for a like amount of Florida State bonds, 2fc3, 274,275,280,357, 383, 435, 539, 677; V. 28, p. 18,
and is held by the State. Noticzd for sale Sept. 15,

Iowa Falls <& Sioux City—Lbased
tral at 35 per cent on earnings.




to Illinois Cen¬

and net earnings $1,193,662, against
18.7.
The land grant is in two trusts,
in the first, from the 1st to the
3.000,000 acres in the second, from

Feb., 1904
Feb. 1, 1904

1879
April 1, 1899
June 1,

1900
1887 & 1889
Jan. 1, 1889
Aug., 1879

May

1, 1881

Oct,

1, 1906

July 1, 1910
1908

July 10, 1907
July 1, 1882

April 1, 1900

Y., Bk of Commerce.
do
do

do
do

1, 1880

Jan.
Jan.
Jan.

1, 1907
1, 1907

May 1, 1919
Aug. 1, 1895
June 1, 1896

1895 to *97
Payable ^ by transportation.
& N. N. Y., Lond. & Frankf’t. May 1, 1899
1, 1896
& N. N. Y., Bk of Commerce. Jan
July 1, 1916
do
do
& S.
& J. N. Y.j Lond. & Frankf't. July 1, 1880
Sept., 1886
New York.
A S.
do
Oct., 1879
& O.
New York.
April 1, 1903& 0.
March, 1883
& S. N. Y., Bank of America.
June, 1885
do
do
A D.
<fc 0. N. Y.,Farm. L. & T. Co. Oct. 1, 1923
1880-1902
Various Bath, First Nat. Bank.
Aug., 1901
New York.
F. & A •
Aug., 1901
F. & A.
F. & A. N.Y.,Grand Cent.Office. Aug. 1, 1879
Aug. 1, 1879
do
do
F. & A.
July 1, 1900
J. & J.
July 1, 1900
Q-J.
Dec. 1, 1903
J. & D.
Oct. 1, 1882
A. & O.
f• **
ce
Oct. 1, 1879
A. & O.
May 1, 1885
M. & N.
Jan. 1, 1880
J. & J.
Oct. 1, 1892
A. & O.
April 1, 1899
A. & O.
July 1, 1885
J. & J.
a"?. So
April 1, 1886
A. & O.
•fl+3 « %
July 1, 1882
J. & J.
*3 g SI B
Sept. 1, 1886
M. & 8.
April 1, 1898
A. & 0.
sj 2 a o
Aug. 1, 1906
F. & A.
to
CS~*
Jan. 1, 1890
J. & J.
July 1, 1887
J. & J.
July 1, 1887
J. & J.
Q
July 1, 1888
J.
J.
O
April 1, 1879
A. & O.
Var. to July, *97
J. & J.
’

8
8
8
3
7
7

410,000
500,000

Jan. 1, 1873, to Pennsylvania
and sinking fund of bonds, and 7 per
on stock.
Lease guaranteed by Penna.
In 1878, gross earnings were $1,150,014:
ngs, $422,988. (V. 26, p. 192;
p.

and till

\

1, 1900

Jan.

Boston, at Office.
do
do
do
do

ggg-

7

9,350,000
3,150,000
638,000
5,255,000
894,000

Indianapolis, Decatur & Springfield—This em¬
& Illinois Central; 50
coustraction. The 2d
mortgage is issued to holders of old I. & I. C. firsts,

braces the former Indiana
miles more are now und^r

£

B’k April 1, 1911

Boston, Co.’s office.

& J.

J. & J.
J. <fc J.
A. & 0.

5

533,500
Ojlt)JjvH/U

.L

2^

49,466,500

1879. (V. £3, p. 63, 256, 576;
25, p. 212; V. 28, p. 573, 599.)

which pays interest on

6
6
6
6
7
7
7
7
7
10
7
7
7
5
6
7
7

& O. N. Y., National City
do
do
& J.
do
do
& A.
do
do
& A.

....

,

7
7
6

'600,000

Gross earnings 1877-8,
appointed receiver.
$l,309,(b7; expenses, $811,697; net carpings, *194,*
383. (V. 25, p. 182, 380; V. 26, p. 265. 625; V. 27,
p. 172. 303, 354, 331; V. 28, p. 20 >, 401, £26; V. 20,
p. 18, 95.)
wao

1

4,275,350
1,578,000
1,500,000

p

,

,

7
6
6
7

2,240,000
4,063,000
6,303,000
6,380,000

253
394
245
34
427

51
51

,

2,488,174
9,689,950
(?)

1,000
1,000

1865

134
7
7
7

4,495,522

100 &c.
100
50

1879
140

Boston.
Q.-M.
A. <fc 0. N. Y., Nat. Park Bank.
New Yovk.
J. & J.
JJ& J. Honesdale Nat. Bank.
J. & J. N. Y., by Erie Railroad.
Q.-F. N. Y., Farm. L. & T. Co.
do
do
M. & N.
do
do
A. & O.
do
do
J. & J.
New York.
J. & J. N. Y., Farm. L. & T. Co.
J. & J.
Philadelphia Office.
do
do
A. A O.

2,000,000

4,000,000
2,789,413

750

1
7
8
7
7

2,395,000

1,000

Feb., 1897
& A N- Y., Amer. Ex. Bank
June, 1899
do
do
& D
Sept. ’78,’80.’83
do
do
& S
do
do
Sept. 1, 1883
& S
Dec., 1892
do
do
A D
Jan.’82,,87,’92
do
do
A J.
Jan. 1, 1906
& 0. New York, Co.’s Office
July 1, 1906
do
do
& J.
July 1, 1919
Various N. Y., Union Trust Co.
Oct, 1, 1900
do
do
A. & O.
do
do
July 1, 1881
J. & J.
1908
F. & A. N. Y., Farm. L. & T. Co.
1900
do
do
M. & N.
A.
J.
F.
F.

300,9 00

1,000

Dividend.

Whom.

7 g.
7 g.
8
8

2,000,100
2,000,000
397,000

1879

Stocks—Last

Payable and bj

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

2,960,000
4,000,000

(?)
800,000
455,000

Where

7
7
7
10
7
7
7 g.
7
7
7
8
7
6

4;625J,00

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

4*2

Pay’ble

1,450,000
5,500,000
3,264,000
4,084,000
2,052,000
2,907,t'00
2,787,620

100’
500 &e.

1869
1870
1867

When

Cent.

2,667,000
2,000,000
1,000,000
500,000
1,700.000

1876-8
184
250

■Rate pe:r

1,497,000
1,500,000

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

1871
1872

Bond

INTEREST OR DIVIDENDS.

Outstanding

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

these Tables.
8—Prinoi-

notice of any error discovered In

$1,000

i*17

274

Kansas

1st mort., coup., (Leavenworth Branch)
Income bonds, coupon, 3d mortgage on 427
1st land b’ds, cp, or reg., gold, on
2d land mort.,
do
do
do

20
20
152

Size or
par
Value.

xxi

AND BONDS.

RAILROAD STOCKS

30, 1879. |

Ssfl

►

-

J.

June 1. 1894

& D.

69, 121. 199, 277, 453, 477, 503, 578,
17, 95, 196.)
Kentucky Central.—This was

599, 624; V. 29, p

formerly Covington
purchased the Mays
paid a
$500,000
of $4,500,000.
(V.

& Lexington.
The company
ville & Lexington road.
In May, ft<9, it
dividend of 3 per cent on preferred stock of
and 1 per cent on common stock
Gross earnings 1878-9, $553,389; net, $203,750.

24, p. 495; V. 26, p.

673.)

Keokuk cfe Des Moines.—The stock is
8 p. c. pref. and $-2,600,400 common—a

$1,524,600

majority held
by less'ee. Leased to Chic. Rk. I. & Pacific for 45
years from Oct. 1. 1878, on basis of 25 per cent of
onds. earnings
Gro«s with
earnings,
1876-7,
a guarantee
gross

$532,541.

of$564,604;
in'erest 1677-8,
on the

(V. 26, p. 470, 523, 546;

V. 27, p. 85T.

628.)

were $48,and town*.

Knox & Lincoln.—hi 1877 net earnings
943. Interest is paid on bonds by cities
Annual report for 1876, V. 22, p. 304.

Lafayette Bloomington <t Miss.—Formerly leased
W. (V. 27, p. 146; V. 28, p. 553.)

to Tol. Wab. &

Lafayette Muncie <£

Bloomington.

old in fore¬

April 3, 1879. (V. 24, p.^6S, 518; V. 27, p.
146; V. 28, p. 120, 302, 344, 453.)
Lake Shore & Michigan Southern .—The report lot
1873 (Y. 26, p. 413), enowed surplus iucom*. ovi.r
interest, rentals, &c., $2,774,873. For first half of
1819 net profits above int. and rentals were $1,370,-

closure

The following
named:

561.

shows a summary for the yean
1877.

1876.

Miles
Gross earnings..

Operat’g exp^es.
Net earnings....
Stock

4,&74,341

50,Q(X*,000

4.541,198
50,000.000
37,274,000

37,524,000
(V. 26, p. 442. 645; V. VJ, p.
473, 618; V. 29, p. 170.)

Total debt

1878.

1,176
1,176
1,116
$13,949,176 $13,505,158 $18,979,766
8,486,800
8,963,965
9,574,835
5.493,166

50,000,008
37,024,000

602, 645; V. 28, p.

RAILROAD STOCKS AND

xxn

Subscribers will confer

great favor by giving

a

BONDS

immediate notice of

any error discovered in these Tables*

DESCRIPTION.

Miles Date Size, or
For explanation of column headings, Ac., see notes
of
of
Par
at tlie liead of first page of tables.
Road. Bonds. Value.

Lawrence—Stock

22g

1st mortgage

17
21
145
32
10
15
301
101
101
232

Leavenworth Atch. <£ N. IF.—1st mort., guar
Leaven., Law. tC- Qalv — 1st mort.,l.gr. ,s.f.,conv
Kansas C. & Santa Fe, 1st mort., guar
Southern Kansas, 1st mort., guar
Lehigh <£ Lackawanna— 1st mortgage
Lehigh Valley—Stock, common and pref
1st mortgage, coupon and registered
2d mortgage, registered
Consol, mort.,gold, $ & £ (s. fd. 1 p.c. v’ly) cp. A
rcg.
Easton & Amboy, 1st mortgage (for $10,000,000)
Delano Land Company bonds, endorsed
Lewisburg Centre <£• Spruce Creek— 1st mortgage...
Little Miami—Stock, common
1st mortgage
8treet connection bds (jointly with Cin.& Ind.RR.)
LUUe Rock <£• Fort Smith—New stock
let M., ldgr’t (750,000 acs) s.fund (for $3,000,000)
Little Schuylkill—Stock
let mortgage, sinking fund, extended 1877

Logansp’l, Crawfordsv. <£• S. IF. oflnd.—1st mort.,
Long Island—Stock
let mortgage, extension
let mortgage, Glencove Br

1870
1869
1870
1872

1870
1873

1877
1872

1853
1864

123
1875
1877
1870

158

mortgage, main
2d mort. for floating debt

1860
1864
1868
1879
1873
1871
1871
1851
1867
1877

95
158

Newtown A Flushing, guar
New York & Rockaway, guar
Smithtown & Port Jefferson
Louisv. Cin. <£ Lex.—Louisv. l’n(to Louisv.& Frankf.)
Louisville Cincinnati A Lexington, 1st mort
New mortgage, coupon, for $1,000,000
Louisville <t Nashville— Stock
Louisville loan, main stem (no mortgage)
Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
do
extension, Louisville loan
Cecilian Branch, 1st mortgage
Consolidated 1st mortgage for $8,000,000
2d mortgage bonds, gold, coup
Mempliis A Ohio, 1st mort., sterling, guar

4

10
19
65
175
175
966

46
392
392
130
83
20
77
77
39
43
26
355
355

Manchester <£ Lawrence—Stock
Maine Central—Stock
let

mortgage, consolidated
Bonds ($1,100,000 loan) A. A. K. RR..
Extension bonds, 1870, gold

Kennebec, 1st mort., extended
do
consolidated mortgage....
Belfast A Moosehead, 1st mortgage
Manhattan Beach— 1st mortgage

"33

22

1869

188
L88

1861
1861

1st mortgage, sterling
2d mortgage
3d mortgage
4th mortgage
Scioto Allocking Valley RR., 1st mortgage
Balt. Short Line, stock, 8 p. c. guar by M. & C...
do
do
1st mort., guar, by M. & C
Cincinnati & Baltimore RR., stock
do
do
1st mortgage

Marquette, B. dt O.—1st mort., I’d

’*30

1,000
1.000
100
100
100 Ac.
....

-

....

....

....

....

100
100
500 Ac

1st mortgage, Ala. & Miss. Div., convertible
2d mortgage
Consol. M., g. ($1,400,0001st M. on 91 m. in Tenn.)

109
292
181
272
292

gr.,

Memphis <£ Charleston—stock

Lawrence.—Leased to Pittsb., F. Wayne & Chic,

at 40 per cent on gross

earnings.

Lease transferred

to Pennsylv’a Company. Net earnings, 1875, $64,177.
Sinking fund has $14,01)0 bonds. (V. 20. p. 425.)
Leavenworth Atch.&N. IF.—Operated by Missouri
Pacific.

Leavenworth, Lawrence & Galveston.—Sold in
foreclosure
Ang. 9, 1878, for $760,000, and rt-organ¬
ized as Kans. C. Lawrence & Southwestern. Kan¬
sas City & Santa Fe sold Feb. 1879.
Net earnings
in 1878 $115,0:5; in 1877. $103,564. (V.
26, p. 265
420, <5**0; V. 27, p. 200; V. 28. p. 42, 352, 401, 62 3.)
Lehigh <fe Lackawanna.—0\crated by Central of
New Jersey as a coal road.
Lehigh Val—This company’s earnings are chiefly
from anthracite coal. The gross income from all
sources, in 1877-8, was $6,186,021; net $3,720,091.
The Co.’s report gives no general balance sheet,
nor the cost or value of its miscellaneous invest¬
ments.
Of ihe E. & Amboy mort., $5,000,000 have
been issued to L. V. Company.
A comparative
statement for three years is as follows:
1875-6.
1876-7.
1677-8.

♦Coal (tone) moved... 3,951.513 4.362,124 3,346,616
Gross income
$7,049,646 $7,100/218 $5,186,021

3,842,750 3,162,822

2,45^,926

$3,20 <,896 $3,937,3^6 $3,729/04
27, 228,920 27.228,855 27.2-2ri.855
24,186.000 24,301,000 24/ 08,00)
460.208

635.813

686.813

(V. 24, p. i 10; V. 25, p. 283;
V. 36, p. 67, 340; V. 28, p. 95.)
LUtle Miami.—'This company leases the Columbus
& Xenia, and both are leased to
Pittsburg, Cincinsati & St^ Louis, guaranteed by Penn. RR., lessees
assuming interest payment on bonds and 8 per cent
on stock.
Net earnings, 1878, (L. M. & O. & X.)
$*75,177. (V. 24, p. 420; V. 2*, p. 378.)
LUUe Rock<t Fort Smith.—Foreclosed Dec. 10, 1874.
lie-organized and stock issued for old bonds. Cou¬
pons due July, 1873, and Jan., 1880, are funded inio

5,500,000

1869

....

®

®

«,

....

....

2*2
6
6
7
6
7
7
7 g.
7
6 g.
2 *2
7
7
7 g.
7
5

333,000

1,000,000
7,070,000
2,000,000

3,500,000
2,304,720
600,000
400,000
370,000
600,000

1,480,000
1,000,000
3,620,120
3,903,300
1,100,000
496,500
756,800
633,000
425,000

7
6
6 g.
7
6
6
6

217,300

1,166,700

6

150,000

6 g-

25

1854
1867
1877

1,000

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

July, 1898

J.

do

May,
April,
Sept.,
Jan.,

1903
1901
1901
1881
Jan., 1897

do

Drexel, Morgan A Co.
Y., Bank of America.

N.

do

do

1907
L
N.

AN.Y, Far. L. A Tr.
Y., Bank of America.

July. 1879

1886 A 1887
do
do
1886
Louisville.
Nov., 1880-’S5
L. A N. Y., D., M. A Co. Oct. 15, 1893
New York.
Mar. 1,1907
L. A N. Y., D., M. A Co.
April, 1898
New York.
Nov. 1, 1883

London, Baring Bros.
do

Dec., 1901
Aug., 1902
(?)

do

1887
1879

J.
do
do
O.
New York.
J. N.York, Union Trust Co.
N. Manchester and Boston.

Oct., 1890
Jan., 1902

May 1, 1879

O.
A.

A
A
A
A
A
A

7
7
7 g.
7

*ij

Bost.,Nat. B’kCom’rce.
Bost., N. Bk. Commerce

Anril
1912
1890 to 1891

do.
do
J.
do
do
J.
Portland.
J. Bost., Nat. B’k Com’rce
A O.
Portland, Me.
A O. Bost., Nat. B’k Com’rce.
A N.
Belfast and Boston.

July, 1898
July, 1901
July, 1891
April 1, 1883
Oct. 1, 1895
May 15, 1890

.

.

O.

Oct., 1900

.

T

.

,

,

.

m~m

....

....

....

8
8
7
4
7
4
7
8
6

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

7
7
7 g.

M. A N.
J. A J.
J. A J.

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

J. Boston, Bost. Nat. Bank.
A. Balt., R. Garret A Sons.
A.
London.
N. Balt., R. Garret A Sons.
J.
do
do
O.
do
do
N.
do
do
J.
do
do
•
D. Balt., Merch. Nat. Bank
N.
do
do
J.
do
do
D. N. Y., Company’s office.
8. New York, City Bank.

July 1. 1889
Aug. 1, 1891
Aug. 1, 1891
May 1, 1896
July 1, 1890
April, 1908
May 1, 1896
Jan., 1879
1, 1904
May 1, 1879
Jan. 1, 1900
June 1,1892
Mar. 1, 1908
Dec.

....

1,951,000

Louisville A Nashville. -In 1877-8 gross earnings
were $5,607,598, and net
$2,344,242; ^rplus above
interest, $684,391. Nashv. & Dec. is leased, and
liabilities for the S. & N. Ala. are assumed. Pur¬
chased Evansv. Hend. & Nashv. May, 1879. (V. 27,

2-*, p. 42?, 477, 579, 6U0;

Lykens Valley.—Leased to Summit Branch Rail¬
(V 25, p. 113.)

Macon & Augusta.—Leased and operated by the
Georgia Railroad, which guarantees all the bonds
except $100,000 of first mortgage. Gross earnings,
1877-8, $99,787; expenses, $104,6C7. To be fore¬
closed. (V. 26. p. 468 ; V. 21, p. 252; V. 28, p. 579.)
Madison Jb Portage.—Controlled by Chic. Mil. &
Gross earnings, la76, $31,896. (V. 26, p.

St. Paul.
459.)

runs

1873
1890
1884

do
do

Philadelphia.
N.Y.,M.K. Jesup,P.ACo.

A
J. A
A. A
J. A
M. A

from An¬
to the

Youngstown, O., and is leased

N.Y.,R. T. Wilson A Co.
do
do

May 1, 1880

do
do

Jan. 1,1885
Jan. 1.1916

Lake Shore & M. S. for 25 years from May, 1873, at
40 per cent of gross earnings.
Manchester & Lawrence.—Formerly operated with
the Concord RR. as one line. Net
earnings 1878-9,

$100,411. against $100,458 in 1377-8.

V. 27, p. 66; V. 28, p. 598.)
Manhattan Beach.—(V. ;9, p.

(V. 25, p. 39;

18.)

Manhattan Elevated— This company leases the
two elevated roals and guarantees id per cent divi¬
dends on the r stocks. (V. 28, p. 553, 579, 649.)
Maine Central.—The total earnings for tlie year 1878
$1,440,861; operating expenses. $84ry704: net

were

earnings, $599,956, against $65J,693 in 1877. (V. 26,
p. 341; V. 28, p. 325.)
Mansfield A Framingham.—Leased to Boston,
Clinton & Fitchburg, at 25 per cent of gross earn¬
ings. Consolidation made June, 1875.
(V. 20, p.

,

to

do
do

Q.-F.
J.

....

Long Island.—Gross earnings, year ending Sept.
30, 1878, $1,497,914; net earnings, $497,895.
This
company leased the Flushing North Shore &
Central, and the Southern of Long Isiand, and afterwaid went into Receiver’s hands October, 1877.
tV. 25, p. 3-34, 432. 510; V. 26, p. 290, 3y2; V. 28, p.
17 221, 453; V. 29, p. 197.)
Louisville, Cincinnati & Lexington. — Sold in
foreclosure Oct. 1, ’77,for $731,03J, to 2d mort. bond¬
holders, subject to above liens. New co. organized
with $2,100,000 stock. (V. 25, p. 16, 335, 35 6, 433.
533; V.27, p. 302 ; V. 28, p. 41, 593; V. 29, p. L7.)

,

Y,, Jones A Schuyler.
Company’s Office.
N.Y.,St. Nicholas N.Bk.

N.Y., St. Nicholas N.Bk.

.

1,760,000
2,482,000
5,312,725
1,264,000
1,000,000

Mahoning Coal.—This coal road

do
,

1, 1895

July, 1879
Oct., 1882
Aug., 1900

N.

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

of sale made.
The total liabilities. September
*875, reported at $4,097,000, of which $322,000 were
receiver’s certificates. (V. 22, p. 63; V. 23, p. 428;
V. 28, p. 120; V. >9. p. 146.)

dover, O

Julv

....

Logansport, CraivfordsvUle & S. W. of Ind.—De¬

per annum.

1894

Boston.

F. A A.
M. A N.
M. A N.

cree

$62,500

May, 1883

Philadelphia Office.

Q.-F.

401; V. 2), p. 17.)
Little Schuylkill. —Leased and operated by Phila¬
delphia & Reading. Dividends, 7 per cent.

road at

June 10,1879

Cincinnati.

T. A J.
J. A J.
A. A O.

1,000,000 acres.
Net receipts,
(V. 25, p. 63; V. 26, p. 549; V. 26, p.

p. 68, 3-54, 4*2, 536; V.
V. 29, p. 41, 170.)

Cincinnati.

....

7 per cent notes.
Land grant about
Land notes oarstanding, $385,201.

1877, *114,126.

Jan., 1892

May 1, 1902

Y., Bank of Ajuerica.

....

750.000

1,000
1,000

Sept., 1910
1898 & 1923

....

1,243,400
1872
1878

July 15, 1879
June, 1898

Philadelphia Office.

Q.-M.

....

225,000
88,000

750,000

....

Various

7
7
7
6
7
7

1892
Feb., 1897

Philadelphia, Office.

M. A N. N

....

3,000,000
275,300
9,003,218
850,000

ioo

.

6

7
6
7

July, 1879
Aug., 1895
Oct. 1, 1889
July, 1899
May, 1890

....

8 g-

(1)
106,500
250,000
600,000
100,000

1,000

.

Q.—J.

....

7

Pittsburg Office.

J. A D. Reg. at office, cp.B’kN.A
M. A S.
Philadelphia, Office.
J. A D.
do
do
J. A J.
M. A N.

3^

Stocks—Last
Dividend.

Whom.

....

7
7
2
6

7

pal, When Due

F. A A. N. Y., Winslow, L. A Co.
A. A O. N. Y., B’k of Commerce.
J. A J- New York and Boston.
M. A N.
Boston Office.
do
F. A A.

6

1,121,500

500,000
300,000
13,000,000
(?)
300,000
2,450,000
1,050,000
2,500,000
3,000,000
4,000,000
300,000
1,125,000

.

5^

’*50




£200
£200
100

100

1866
1870
1873
1866

M.A O., coup.

New mortgage.

Anthracite.

1,000

....

Marietta <£■ Cincinnati—1st mortgage, dollar

•

1,000

.

Mansfield dt Framingham—1st mortgage

Floating debt

....

....

44

Capital stock

100 Ac.
100

1,000
1,000

2d mortgage

Funded debt

1,000
1,000

1867
1869
1870
1872

Manhattan Elevated—Stock
Bonds, convertible into stock

mcome

500
500
500

1,000
1,000
1,000

1868
1871
1861
1863
1865
1870

"72

Portland &
do

Net

....

Where Payable, and by

Q.—J.
7
7
10
10
8
7
1
6
7
6 g.

337,000

.

1856
1863
1863
1877
1868
1873
1871
1872

1870

38

Androscoggin Railroad, Bath City loan

expenses..

500,000

500

1872
1860-1

19

Maine Central loan for $1,100,000
Leeds A Farmington Railroad loan

Operating

1,000
1,000
1,000

....

Memphis & Clarksville br., 1st mort., sterling
Lykens Valley—Stock
Macon <t Augusta—1st
mortgage
2d mort., endorsed by Georgia Railroad
Madison <£ Portage—1st mort., gold
Mahoning Coal— 1st mortgage, coupon

.

$150,000

Payable

....

123
31
31
92

g.

$50
1,000

When

Cent.

....

19

196
81

Outstanding

Rate per

....

1868

Bonds*-Princi

INTEREST OR DIVIDENDS.
Amount

720,000
160,000
300,000
50
27,228,855
1,000
5,000,000
1,000
6,000,000
1,000
13,508,000
Held by L.V.
1,000
1.697,000
1,545,000
50
4,636,000
1,000
1,491,000
1,000
525,000
5,000,000
1,000
2,650,000
50
2,646,100
500 Ac.
492,000
100 Ac.
1,500,000
50
3,300,000
500
175,000
150,000

1867

60

1st

'

1865

[VOL, XXIX,

615.)

.

Marietta tfe

Cincinnati.—Capital stock is $14,000,

000.

Gross earnings for 1877-9

were

$),545,7s3;

net

1

latest published)

earnings, $266,V80.

Default

made in 1877 and a re:eiver was appointed in
suit to foreclose the 4th mortgage, which is
nearly
all held by B dt. & O. R.R. Co. ” For coupons over¬
due on each mortgige see V. 28. p. 4 1.
(V. 25, p.
was

308, 335, 5* 9; V. 26, p. 216, 342,496; V. 28, p. 401, 452;
V. 29, p. 170.)
Marquette, Houghton & Ontonagon.—Iiterest was
in default aud new bonds were issued, as above, in
place of old. The stock is $2,306,600 common, and
$2,259,026 preferred. Gross earnings, lw78, $566,452;
net, $199,181.
Lands amount to 425,003 acres,
chiefly timber and mineral. (V. 28, p. 222 )
Memphis & Charleston— This road was leased in
June, 1877, to theE Tenn. Va. & Ga. RR Co. for net
earnings. See full account in V. 26, p. 115. Of the
new con.-ol. mortgage $1.400 030 is secured
by old
Tenn. State lien for $1,734,906, assigned to a trus¬
tee, and enough is reserved to take up 1st and 2d
mortgigee.
Net eareings year ending June 30,
1878, $307,030. (V. 26, p: 115; V. 28, p. 2*1; V.
29. p. 18.)
'

August

RAILROAD

30, 1879.J

Subscriber* will confer a great favor

by giving I m mediate notice

“of
of tables.

58

Of
Road

r)
l)

133
133

1st M. (paid $50,0003
General mort., land grant, (s. f. $10,000 aft
Metropolitan Elevated (N. Y. City)—Stock—
1st mortgage, $ or &
Michigan Central— stock
1st mortgage, convertible, sinking fund...
1st mortgage, convertible
Memphis <0 Little Rk

—

Oh
.

.

.

.

Michigan Air Line mortgage
Michigan Air Line 1st mort.,assumed by M.
Equipment bonds

.

.

Jackson, Lansing & Saginaw 1st mort....'
v.
do
1st mort.~(N. of Win.), couv
do Cons. m. on whole line (300mi.)J ber’g
g

\

Milwaulzce A Northern—1st mortgage

.

.

..

Schuylkill Haven—stock
Minneapolis A St'. L.—1st M., Min. to Sioux C. June
1st mortgage, Sioux City June, to Iowa line
l3t mortg., Minneapolis to White B. Lake, guar.
Mississippi A Tennessee—1st mortgage, series “A”
1st mortgage, series “ B,” (a second lien)
Missouri, Kansas A Texas—stock
Mine Hill A

mortgage, gold (Tebo. & Neosho)

.

.

.

.

)
.

gold, on road and land..
2d mortgage, income, (for $10,000,000)
Booneville Bridge bonds, gold, guar
Consolidated mortgage,

.

.

Hannibal & Central Missouri, 1st mortgage
Missouri Pacific—Stock
1st mortgage, gold
Real estate (depot) bonds
Debt to St. Louis County (no

$250,000

250 &c

2,600,000

1878

1,000

800

100

284
284
284
103

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

1872
1869

39
39
84
84

1870
1870
1866
1869

118
118

1872
1872

116

1865
1870
1871
1870

1,000
1,000

127
140

1875

1,000

27
93
15

1877
1877
1877
1877
1877

236
126

100
100
786

182
100
786
786
70
299
283

283

bonds)

299
15*2
85

3d mortgage
Carondelet Branch, 1st mortgage
Mobile A Girard—2d mort., end. by Cent. Ga. I
3d mortg. bonds issued to Central R. R. Ga...
Mobile A Monty.—Stock, (Authorized $3,022,51
Mobile A Ohio—Stock
*
Tennessee subs., 1st
New mortgage, gold

$1,000

100
.

.

100

1868
1870
1871-3
1876
1873
1870

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

1,000
100

1871

1,000
1,000

1872

500 &c.

1876

1,000
1,000
1,000

1868

1873

1869
1877

100
100

505
1871
1879

1,000
1,000

do
do
(for 2,0<
(for
6<
<4o
do
do
(for
9<
do
Montclair A G. Lake.—1st mort. ($700,000).
2d mort. (issued for old firsts)
Monticcllo A Port Jervis—1st mortgage
Morris A Essex— stock
1st mortgage, sinking fund
2d mortgage
Convertible bonds
Construction bonds
Gen. m. & 1st on Boonton Br. &c. (guar. D.L.&W.)
Consol, mort. (for $25,000,000) guar. D. L. & W..
2d
3d
4th

Special real estate mortgage
Nashville, Chattanooya A St. Louis—stock
Bonds to U. S. government, 2d mort
Bonds endorsed by Tenn
New 1st mort. (for $0,800,000) coup

.

•

•

....

•

•

•

■

•

;.

Ne8quchoning Valley—Stock

Memphis A Little Rock.—Sold April 28, 1877, and
reorganized.
Gross earnings. 1877, $492,107; ex¬

The land

grant is about 1,(00,000acres. The general mortgage
pays 8 per cent after 1882.
Metropolitan (N. Y. City).—This is the elevated
road formerly known ts the “Gilbert.” Is leased to
Manhattan Railway Co. with guarantee of !G per
cent dividends. (V. 27. p. 148, 62 7 : V. 28, p. 42,
112, 253, 327, 526, 55% 579; V. 29, p 42.)
Michigan Central—The fiscal year ends with
December 31.
For the year 1818 gross earnings
were $6,872,094 on main line and branches ;
net
income over interest, &c
$1,504,855. The Jackson, LaneiDg &Sag. debt is assumed by Mich.Cent.,
which also pays $70,000 per year on the stock, onothird of which it owns; the proceeds of J. L. & S.
lands go to pay bonds. (V. 20, p. 519.) Interest was
passed on the Detroit & Bay City bonds, not guar¬
anteed, Nov., 1875. D. & B C. net earnings in 1878
were $94,995.
(V. 26. p. 4 1 7 , 574,653; V. 27, p.
615; Y.28 p. 473,59 0
Milwaukee A Northern.—Two coupons were paid
in stock, but cash payment was resumed in July,
1876. It is leased to Wisconsin Central.
(V. 28,
,

•

•

....

40

1875

100 &c.
100 &c.

23
137
84
84

1870

1,000

1864
1866

vari’us
34
137

1871
1871
1875

50
250
500 &c.

1,000
1,000
1,000
1,000
25

340
75
30
122
122
122
54
57
133
44
15

1,094,000

7,000,000
0)
0)
0)
(?)

700,000
1,800,000
500,000
15,000,000
5,000,000
3,000,000
284,000
573,000
4,991,000
5,050,000
1,025,000
6,575,295
1,000,000
910,000

1,000

1870
1867

1,000

1,837,000

500
100

206,000
800,000
200,000
2,000,000
1,836,000

1869

50
500 &c.
50

7
8
7
7
6 g.
8
4

4,500,000

320,000
300,000
1,512,000

1,000

‘eg.

800,000
700,000

4,860,000

1877

7 g.
7 g.
6
7 g.
7 g.

2,600,000

1,000

100

*6‘g.

1,300,000
800,000
605,000

Minneapolis A St. Louis—This road was com¬

July, 1908

N.Y., Central Trust Co.
Grand Central, Office.
& O N. Y., Union Trust Co.

&
&

J

&
&
&
&
&
&
&

O
N
J

Aug. 1, 1879

J

N

O
N

&
&
&
A
&
&

&
&
&
&

&
&
& J.

1,1882
May 1,1902
Jan.1,1890

do
do

April 1,1883
Nov. 1, 1890
Nov. 1. 1890

July 1, 1886
July 1, 1879
July, 1879
May 1,1902-3
1902

July 1,1885
May 1,1890
Sept. 1,1891
Dec., 1901
June 1,1895
July 17,1879
Jan. 1, 1907
Feb. 1, 1927
Jan. 1, 1907
April 1, 1902

July 1, 1902

do

do

& J. N. Y., Union Trust Co.
do
do
& D.
do
do
Various
do
do
A. & O.
do
do
M. & N.
do
do
M. & N.

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

Y., Company’s Office.
do
do
do
do
St. Louis.

mont’ly

1890

>

do
do
do
do

N
do
do
J
do
do
S
do
do
J.
do
do
N
do
do
N
do
do
J
do
do
N.
do
do
8.
D. N. Y., Merch. Exc. N.Bk.
D. N. Y., 8. S. Sands & Co.
J. Philadelphia, P.& R.Co.
J. N.Y., Continental N.Bk.
do
do
D.
do
do
N.
O. N. Y., Imp. & Trad. Bk.

&

Oct. 1,1882
Oct.

do

do
do
do
do
do
do
do

Jan., 1899
June, 1903
1904-1906

April 19,1911
May 1, 1906
May, 1890

Aug., 1888
July, 1891
May 1, 1892
Feb., 1885

M. & N. N. Y., Company’s Office.
New York.
A. & O.
J. & J. N. Y., Nat. City Bank.

1, 1893
Jan., 1889

Oct.

....

N. Y.,

....

Drexel, M. & Co.

Aug. 12,1879

’

7>.
G g.
7
7
7
7
7
7 g.

312
7
7
7
7
7
7
7

1*2
4
6
7
6
6
3
7
6 g3
6 g.
5
7

3i2
7 g.

(1)

Sept. 30. 1878, $106,730. an increase of $31,532. (V.
25, p. 154, 617; V. 26, p. 39; V. 23 p. 95.)
AlUsburi, Kansas A Texas.—Latest report, V. 29.
p 298. Gross earnings 1878. $%iH1.681; n“t, $471,958, against $1,048,654 in 1677 and $1,371,683 in 1876.

(under adjustment) is
The M. K. & T. bonds and U. P. S.
Br. bonds draw 5 percent in 1679-81, but coupons
on the consol, mort. are unpa d since FeD., 1878.
Land grant is about 4.565.142 acres.
Lease to Chic.
Burl. & Quincy is talked of. (V. 27, p. 426, 514,
60% 653; V. 29, p. 14S. 173, 298; V. 29, p. 119. 170.)
Missouri Pacific.—Gross earnings in 1877, *3,934.442; operating expenses, $2,321,355; net $1,669,0^6.
Reorganized after the sale of the road under 3d
mortgage, Sept. 8,1^76, for $3,000,000. Default was
made on Carondelet Branch bonds, October 1,
1877, and compromise bonds at 50 per cent were
offered January, 1878. (V. 26, p 41; V. 27, p. 68;

& J. New York and London.
& D. Mobile and New York.

J.
J.

1901

....

....

....

F. & A. New York, Co.’s Office.
M. A 8.
do
do
Q-J. N. Y., Union Trust Co.
J. & J. N. Y., Del., Lack & W.
do
do
M & N.
do
do
F. & A.

J.

do

F. & A.
A. & O.
J. & D.

do
do

J.

&

•

•

•

do
■>

do

do
do

1890

July 1, 1879
May 1, 1914
Aug. 1, 1891
Jan. 1, 1900
\ug. 1, 1889
Oct., 1901
June

do

A. & 0. New York <fc Nashville.
N. Y., V. K. Stevenson.
J. & J.
J. & J. N. Y., Metro p. Nat. Bk.
do
do
J. & J.
do
do
J. & J.
J. & D.
J. & J. NT. Y., Drexel, M. & Co.
A. & O. Nashville, Co.’s Office.
Boston <fc Nashua.
M. & N.
Boston.
F. & A.
J. & J.
Bridgeport, Conn.
A. & O.
Boston.
M. & 8. Philadelphia, Co.’s office
M. & N. N. Y., Union Trust Co.

Apl. 1,1879
1881 and ’91

....

Q.-J.

Newcastle, Penn.

July 1,1913
June, 1879
July 1,1900
Oct., 1887
1
l

J

(

1
July,

1879

earning» of the road in 1877*73, $782,328.

Net

(V.

26, p.191; V. 28, p. 451.)
Nash., Chatt. A St.. L.—Gross earnings of 1878 9,
$1,736,723; expenses, $1,021,588; net earnings, $715-,
135. The following payments were made in addi¬

operating expenses :

tion to the

$776,398, gold.

Interest on bonded debt
Interest on floating debt
Interest on cost of Tenn. & Pacific RR
Difference in cost of steel rail
Extra tics used with steel rail....
Two dividends paid
Taxes in Tennessee

Montclair A Greenwood Late.—Re-organization of
old Montclair road sold in foreclosure. Road sold
asain Oct. 12 1873.
(V. 2% p. 67 60% 62.5, 653; V.
27, p. 16, (8, 95, 172, 192, 223, 252, 303, 357, 383,
462 5*9, 6 8, 652.)

1,1915

•

Annual interest charge now

V. 28, p. 18.)
Mobile A Girard.—The

1, 1927

Dec.

....

7

pleted in .877. The bonds of the $l.li<0,000 mort¬
gage, numbered from 1.101 to 1,4X). for *50^each,
43%
($150,000 in all) are guaranteed bv the Burl. C. R. &
Northern Railroad. The bonds on the 15 miles
Monticello A Port Jervis.— Defaulted in 1873. Sold
were issued by the Minneapolis & Duluth RR.
July 7, 1875. (V. 20. p. 35S, 383; V. 21, p. 39, 592. >
Morris A Essex.—Leased in perpetuity to the
Mississippi A Tennessee.—Gross earnings 1877-9,
$378,780 ; net, $17^,934, against $212,768 in 1676-7. Delaware. Lackawanna & Western. The lessees
■The debt is consolidated as above. Floating debt assum? all liabilities and pay 7 per cent on stock.




N.Y., H.Talmadge &Co. Yearly—»79-’8S
do s
do
July, 1907

.

J.
J.

212

Central Railroad of
Georgia endorses these bonds, and holds the 4 per
cent mortgage bonds for advances made.
(V. 23,
p. 549; V. 24, p. 542; V. 27, p 434.)
Mobile A Montgomery.—Sold in foreclosure. No¬
vember, 1874, and stock issued to old bondholders.
p. 453.)
Old mortgage debt vet out. $275,000. Gross earn’gs,
Milwaukee, Lake Shore A Western.—Sold in fore¬ 187%
$680,183; net, $258,390. (V. 26, p. 418; V. 26,
closure for $2,509,768, Dec. 10, 1875, an i purchased
p. 327 )
by bondholders, who made this new first mortgage
Mobile A Ohio.— Securities as above issued under
for $750,000. Gross earnings 18T6-7, *2t3,930; net,
adjustment (see V. 29. p. 120). Gross earnings year
$50,418. (V. 25, p. 308; V. 27, p. 252, 357.)
ending August 1, 1878, $2,098,540; net, over all ex¬
Mine Hill A Si bvylkill Hav<n.—Leased to Phila¬ penses, $376,321. (V 26, p. 166. 256, 344, 496, 653;
delphia & Reading, ’ May lc„64, for 999 years; 7 per V. 27, p. 33”, 487; V. 29, v. 41. 120.)
cent dividends on stock.

Slocks—Last
Dividend.

Q-

J.
A.
8
A.
8
M.
7
J.
8
M.
8
A.
8
M.
8
M.
8
J.
8
M.
8
J.
212
M.
8
M.
8
8
' J.
M.
8
M.
8
J.
8
J.
7
J.
312
7 g. J.
7 g. J.
7 g- M.
A.
8
J.
8

500,000
491,200
424,000
1,906,000

250,000
300,000
800,000
2.794,800
5,320,600
1,668.000

J.

1*2

1,000,000

1,000

1873

6 g.

640,000
70,000

280,000
1,000,000
1,100,000
21,405,000
2,433,000
349,000
14,752,000
6,068,600
1,000,000
800,000
800,000
7,000,000

M. & N

212

200,000

1873
1877
1877

16^

Newark, Somerset A Straitsv., O.— 1st mortgage.
Newcastle A Beaver Valley—Stock

•

1871

Naugatuck—Stock

reconstruction, &c., $Ui?:6:J7.

•

....

345

Bonds of N. C.& St. L., 1st mort. on two branches
do
do
1st mort. on Tenn. &Pac
Nashville A Decatur—Stock, guar’d 0 p. c. by L. & N.
1st mort. guar. s. f
2d mortgage
Nashua A Lowell—Stock
Bonds for freight depot (gold)

Nebraska—Consol, mort., guar

....

Janu’rj

556,000

1,100,000

1,000
1,000
1,000

10
4

1,900,000

1,000

50

Payable3

556,000
8,000,000

500 &c.

50 <fcc

....

penses,

Bond 8—Prinoi -

pal, When due.

Where Payable, and by
Whom.

When

Rate pe:r
Cent.

6,500,000
8,500,000
18,738,204
1,501,000

613,000
1,943,000
2,134.000
750,000
3,969,600
455,000

1,000

186

mortgage, sterling

Amount

Outstanding

1877
1877

1874

>.

Milwaukee, Lake Shore A Western—1st m., gold.

Date Size, oi r
Par
of
Bonds Value.

10

Kalamazoo & South Haven, 1st mort., guar
do
do
2d mort., guar
Grand River Valley, 1st mort., guar. 5
do
do
2d mort., guar
do
do
stock, guar
Detroit & Bay City 1st mortgage, endorsed..
do
do
mortgage (not guar M.C.)...

1st

Tables*

of any error discovered In tliese
INTEREST OR DIVIDENDS.

DESCRIPTION.
at the head of first page

xxitt

STOCKS AND BONDS.

$164,630

13,384
10,826
26,827
6,033

164.161

22,079

$708,018

Total
The debt to United States

and

bonds endorsed

by Tennessee are secured bv denosit of 1st mert.
(Y. 2% p. 523; V.
p. 146, 275; V. 28, p.

bonds.

£51.)

Nashville A Decatur.-Leased May 4, 1371, to
Lon'.sville <fc Nashville Co. for thirty vears, lease

guaranteeing interest on bonds, and 6 per cent
yearly on stock.
Nashua A Lowell.—Net receipts in 1877-8, $96,759.
Notes out are

$225,000.

(V. 24, p. 564; V. 28, p.

624.)

Naugatuck.— Net earnings 1877-8, $197,170.
25, p. 616: V. 27, p."566J

(V.

Nebraska.—Formerly Midland Pacific.
The old
these guar, by the

bonds were to be exchanged for
Bur. <fc Mo. ip Neb., to which the
leased. See V. 25, p. 335, 641.

Nebraska road to

Ntsquehnning Valley—L°ased to the Lehigh Coal
Navigation Co. at a yearly rental now of T per
cent dividend on the capital stock.
(V. 29. p. 18J
Newark Surerset A Straitsv.—Leased to Sandnsky
Mansfield & Newark. Guaranteed t>y Balt. & Ohio.
New Castle A Beaver ViUey.— Leased to Pitts¬
burgh, Fort Wayne & Chicago, and lease transferred
to Penn. Company.
In 1873 paid 24 per cent divi¬
&

dends.

RAILROAD

XXIV

Subscribers will confer

STOCKS

AND

*

BONDS.

great favor by giving immediate notice of any error discovered In tliese Tables*

a

DESCRIPTION.
Miles
of

Date Size, or
For explanation of column headings, &c., see notes
of
Par
at the head of first page of tables.
Road. Bonds. Value.

2few Eaven £ Derby— 1st & 2d mortgages
New Haven <£ Northamp. (canal RR.)—Stock

13
100
92

Mortgage bonds, coupon
Bonds convertible, tax free, coupon

(for $1,500,000)

1st mortgage bonds
2d mortgage
N. O. c6 Mobile—1st mortgage
N. Y. City <6 Northern—1st mortgage
N. Y. <£ Canada—1st M., sterling, guar. D.A H. Can.
New York Central <£ Hudson River—Stock
Premium bonds
(N. Y. Central)
—

Bonds, B. A N. F. stockholders

do

Bonds railroad stock
do
Bonds real estate
do
Renewal bonds
2d mortgage, sinking fund (Hudson River)
New mortgage
mort^c
New

N. Y.
1st

....

....

Sinking fund

1st

$12,000,666)

—

mortgage (extended in 1867 to

i.897)

....

1865
1872
1871
1878
1874

140
....

112

1,000

....

1853
1854
1853

....

....

....

....

1854
....

840
840

1873
1873

.

.

.

....

....

1872
1861

....

....

Mortgage bonds
Northeastern IS. C.)—Stock, common
Pref. stock (8 per cent) exchangeable for 2d mort.
1st mortgage, new
2d mortgage, new
North Pennsylvania— Stock, guar
1st mortgage
2d mortgage
General mortgage bonds
Northern Central—Stock

Consol, mortgage,

gold, s. fund, coup., $ or £
2d general mort., “A,” coupon
do
“B,” coupon, convertible

Northern, N. 17.—Stock
Northern of New Jersey—Stock

....

....

....

1879

....

139

....

86

1804

139
141

1876

12*4

1873
1869

....

334
62
12
50
223
223
223
102
102
102
102

58
56
56
....

.

.

....

1869
1869
....

....

....

....

•

New Haven A Derby—Net earnings 187ft-7, $46,4?f.
New Haven city guarantees the $225,000 2d m. bond?.
New Haven A Northampton.—Gross earnings,

1377-8, $5)8,190; operating expenses, §32-2,870. (V.
26, p. 17; V. 28, p. 40, 401.)
New Jersey Midland.—Defaulted after the panic of
1878 and the bondholders funded coupons, but de¬
fault was again made, and receiver appointed. Net
earnings 18 8, $122,406. (V. 26, p. 142, *90; V. 27,

€52; V. 23, p. 326, 554.)
New Jersey A New York.—Consolidation of the
Hackensack & N. Y. and Hackensack Extension.
The old bonds are about $000,000.
Hackensack
branch sold May, 1878.
(V. 24, p. 136, 158, 249, i99,

p.

821; V. 25, p. 255.)

Nw Jersey Southern.—Sold in foreclosure Mar. 3!,
for $751/01, to bondholders.
Leased to Central of
N. J. (V. 28, p. 146, 173, 3:2; V. 29, p. 121.)
New London Northern.—Operated under lease till
1891 by Vermont Central for $150,000 a year. Net
earnings of road in 1877-8, *170,431. (V. 27, p. 537.)
New Orleans, Mobile A Texas.—The Western l)ieion was sold Nov. 18, 1874, and the East. Div. is

operated by the mort. trustees. Int. in default since

1§72. Grose earnings. 1877, $130,010; net. $390,655;
and lees extraordinary expenses, $158,4':0. (V. 2d.
p. 341, 392, 575.)
N. Y. City <t Northern.— A re-orgar,izat:on of
V. Y. & Boston. (V. 27. p. 172.)
New Yoik A Canada.—The bonds are guaranteed
by the Delaware & Hudson Canal Co. (V. 25, p.
613; V. 27, p. 602.)
New York Central A Hudson River.—The mort¬
gage loan for $40,000,000 was to retire prior debt,
ana the balance for third and fourth track, Ac.
The Harlem RR. was teasedApril, 1873. The follow¬

ing ia a comparison of earnings, Ac., for five
Gross

Net

Funded

years:
Cost of r’d

Receipts.

Receipts.

Debt.

&equip’t.

877-8. $28,910,555 $12,774,578 $40,433,283 $99,894,005

40,S35;445 99,142,408

875-6
28,046,588 11,922,417 40,401,263 97,822,811
874-5. 19.027,218 11.765,111 40,003,667 96,355,774
V, 26, p. 315,575; V. 27, p. £57, t52 677 )

89,428,300

6,632,900

100

8,500,000

50
50

7,500,000
1,550,000
10,500,000
107,704
78,000,000

1,000
500 Ac.
100
100

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

500 Ac.

500 Ac,
100 Ac.

1,000
1,000
1,000

(?)

500 Ac.

25,000,000

500 Ac.

8,597,000

.

-

•

•

....

....

1,000
100
....

100 Ac.
100

100
100
500
50
50
500
500
50
500 Ac.
500 Ac.
....

....

•

....

Rate per When
Where
Cent.
Payable
7
3
7
6
6 A 7
7 g.
7
7 g.
7

21s

508,000

5,941,000
923,000
4,383<000
15,500,000
2,000,000
8,000,000
3,000,000
50,000
1,000,000
3,000,000
1,000,000
210,000
899,350
88,000
820,000
234,000
4,527,150
1.930,500
1,500,000
2,569,500
5,842,000
1,500,000
1,490,000
1,126,000
2,599,000
205,000

4,473,000
3,000,000
1,000,000
3,068,400

1,000,000

7
7
7
7
7
7
7
7
7
6
6
5
6

g.
g.

g.
g.
gg.

7
7
4
6 A 7
7 g2
6
7
3
3

8
4

8
8

1^
6
7
7
3
6
6
6
6 g.
6 g6 g.
5
6

2*2
2*2

400,000

6

....

43,80u,000
2,000,000
2.000,000

6
6

•

under the re-organization when per¬
T<~e 1st consol, mortgage is ex oupon of
Sept.. 1879. The funded coupon bonds are secured
by lien of consol. mortg. On the 2d con-ol., first
coupon is payable Jane, 1880.
The 2d funded
coupon are 5 per cents till June, 18S3, and after that
6.
On the 2d and 2d funded c»
upon no foreclosure
can take place till six coupons are in
default. In
fiscal year end ng Sept. 3 *, 1878, net income
appli
cable to interest was $3,907,345.
The interest
as

charges each fiscal year will be: 1878-*, $2,050,984;
1870-80, $3,087878; 18*0-81, $4,229,678, and abont
this sum afterward.
The following comparison is
for the fiscal years ending Sept. 30:
Gross
"
Net
Interest.

1874-5.,

Earnings.

Income.

$15,644,980
14.708,889

$5,718927
4,636.717
4.308,563

15,852,461

Rentals, Ac.

•

$5,093,496
5,937,801
5,538.194

16,876.858
4,698.615
6,351,781
(V.27,p. 40, 173,200, 28 >,?03. 358 3-3, 409, 514,539, 628,
649.678: V. 28, p. 17. 67. 302, c52, 4U1, 477, 579,
600; V. 29, p. 18. 147,171, 197.)
N. Y. A N. England.— Formerly Bost. Hartf. & E.
Conveyed to the new company in July. 1875. Net
earnings. 1S77-8. $155,764. (V. 27. p 304, 358,409,
649 ; V. 28, p. 853. 428; V. 29, p. 17, 42, 147.)

New York New Haven A Hartford.—Net income
Int. and all charges, 1S77-8. $1,554,489. (V. 25,p.

over

640;

Q.-J.
A
A
A
A
A

J.

New York.

J.

N.Y., Gr. Central Depot.

J.

do

N.
J.

July 10, 1879
Jan. 1, 1906
July 1, 1879
July 1, 1879
May, 1900
Jan. 1, 1881

do
do
do

do
do

....

fected.

...

F.
F.
M.
M.

—

New York & Harlem.—Leased to N. Y. Central
ct. per annum (payable J. & J.) on stock, and
interest on bonds. The Fourth Ave. horse railroad
and real estate was retained, and extra dividends
are made from
profits of this line. (V. 28, p. 18.)
N. Y. Lake Erie & WestXErie).—Foreclosure of the
Erie Railway took place April 24, 1878, und*-r
the
second consolidated
mortgage.
stocks and
The
bonds above are not all issued
yet, but are

.

Various N. Haven, E.S. Scranton
1898 to 1900
New Haven.
Oct,, 1873
J. A J.
do
Jan., 1899
A. A O.
do
April ’80 A ’82
A. A 0.
do
April 1/91 A’98

7 or 6 g. J.
4
J.
4
• J.
7
M.
7
J.

at 8 p.

1877-8
1876-7
1875-6

Whom.

July,

N. Y. City Elevated.—Leased to Manhaltan El.
RR., with guaranty of 10 per cent yearly on stock.
Bonds are pjyable after 189? at 105.
General state¬
ment V. 2?, p. 289.
(V. 26, p. 653; V. 27, p. *80,
490. 462; V. 28, p. 302. 526, 55i, 579.)

given

Stocks—Last
Dividend.

Payable, and by

A A.
N. Y., Co.’s Office.
1895
A A.
do
do
1881
A S. New York and London. March 1,1893
A N.
In default.
Nov. 1. 1889
New London, Office.
1*4
Q.-J.
July 1, 1879
A. A 0. N. Y., B’k of N. America
6
Sept., 1885
7
J. A D.
do
do
1892
8 or 7 g. J. A J. New York, Co/s Office. Jan. 1, 1915
7
M. A N.
New York.
May. 1908
6 g- M. A N.
London, Baring Bros.
May 1,1904
2
Q.-J. N.Y., Or. Central Depot. July 15. 1879
6
M. A N.
do
do
May 1,1883
M. A N.
6
do
do
May 1,1883
6
M. A N.
do
do
May 1,1883
6
M. A N.
do
do
May 1,1883
6
J. A D.
do
do
Dec. 15, 1887
7
J. A D.
do
do
June, 1885
7
J. A J.
do
do
Jan. 1, 1903
6 g. J A J.
Jan. 1. 1903
London.

....

....

Bonds—Priucl

pal, When Duo,

8,536,900
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,600
3,000,000
16,533,714
3,718,100

317
50
138
138
1855
500 Ac.
138
1365
500 Ac.
138
1868
1,000
138
1868
1,000
138 ’74-’75
1,000
138
1876
1,000
138
1876
1,000
82 h
100
21
21
1878
560
100
205
1879
209
1879
•

1,800,000

4,000,000

1,000

....

1,000
1,000

1,000

....

3,000,000

74,500
592,000
162,000
2,391,000
1,794,000
18,465,000
9,733,333
6,500,000

1,000
1,000
1,000

1,000

....

885,000
200,000

4,000,000

1860

’67-’63

$525,000
2,460,000
1,296,000

1,000
500 Ac.
<£100Ac
100
500 Ac.
500 Ac.

1869
....

Outstanding

100
100 Ac.
500 Ac.

1,000
1,000

....

Mortgage and land grant bonds, Missouri Div
Mortgage bonds. Pend d’Oreille div




....

•

mortgage, extended

.

....

459

....

Northern Pacific—New preferred stock

11,632,924

1853
1857
1858
1861
1863
1870
1878
1878
1878
1878

....

Consolidated mortgage, gold, coupon
do
do
do
registered

26,579,085

1849

INTEREST OR DIVIDENDS.

Amount

1,500,000
916,000
2,120,000
1,500,000
300,000
387,500

....

1st mortgage, State (Maryland) loan
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupon

.

1847

....

North Carolina—Stock, common
Preferred stock

100 Ac.
100 Ac.

.

132

....

—

1,000
1,000
1,000

....

1876

....

mortgage

«t-7.

100
100
100

....

18791

New York, New Haven, <£ Hartford—Stock
Harlem A Portchester, 1st mortgage guaranteed.
N. Y. <£• Oswego Midland—1st mortgage, gold
N Y., Proo. <£• Boston— (Stonington)—Stock
Extension mortgage

'

1869

otAfil/

1st consolidated mortgage, gold
do
do
funded coupon bonds.
N. Y. L. E. A W., new mort., gold, 1st lieu
do
do
do 2d consol
do
do
do
do fund. coup,
do
income bonds (non-cumulative).
N. Y. <6 New England (Host., Hartf. cC- Eric)—Stock.
1st mortgages, old
1st mortgage, new

.

78

132

Bong Dock Co. mortgage

1st

1870
1871
1873

15

2d mortgage, convertible (extended to
3d mortgage
4th mortgage, convertible
5th mortgage, convertible
Buffalo Branch Bonds

First

1870

10
80
80
37

....

N. Y.Lake Erie & West.—Stock, common
Prpfprrpfl

....

....

tered.

£2,000,000 >

Preferred stock
Consol, mort., coup, or reg., (for

1869

....

City Elevated.—Stock
mortgage, $ or £
Nero York <£ Harlem—Common stock

100

....

....

5 $30,000,000 ? coupon or regis-

^

68A70 $500Ac.

....

Holyoke AW.,leased, 1st M.i$60,000 (Is, ’98 guar.)
JIT. J. Midland—lstmort.,g’ld, guar. byN.Y.AO
2d mortgage, currency
New Jersey
<£• Ncio York— 1st mort.
N.J. Southern—1st mortgage
Nett7 London Northern—Stock

[Vol. XXIX.

V. 26, p. 290: V. 27, p. 537; V. 28, p. 40.)

M.
M.
M.
A.
J.
J.
J.
M.
M.
M.
J.
J.
J.

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

N.
N. Y., Co/s office.
S.
do
do
S.
do
do
O.
do
do
D.
do
do
J.
do
do
D.
uo
do
S. New York and London.
S.
do
do
N.
do
do
D.
do
do
D.
do
do
D.
do
do

May 1, 1897
Sept. 1, 1879
Mar.. 1, 1883

.

M. A S.
J. A J.
J. A J.

Oct. 1, 1880
June 1, 1888

July 1. 1891
Jan., 1893
Sept. 1, 1920
Sept. 1, 1920
Dec. 1, 1908
Dec. 1, 1969
Dec. 1, 1969
June 1, 1977

Boston.

1884

do

Jan., 1905

N.Y., Grand Cen. Depot.

July 1, 1879
1903

J.

A

J.

Q.-J.
M.
J.
M.
M.
M.

A
A
A
A
A

N.
J.
8.
S.
N.

In default.

July 1,
N. Y., M. Morgan’s Sons. Aug. 11,
do
do
May 1,
do
do
July 1,
Company Shops, N. C. Mar. 15,
do
do

do
do

M. A N.
M. A 8.
M. A S.

Charleston.
do

Q.-F.

Philadelphia Office.

X A J.
M. A N.
J. A J.
M. A N.
O.—J.
J. A J.
A. A 0.
J. A J.
A. A O.
J. A J.
J. A J.
J. A J.
J. A D.

A

1880
1899
1879

Mar. 15, 1879

Nov., 1888

Sept. 1, 1899
Sept. 1, 1899
Aug. 27, 1879

do
do
do

do
do
do
Baltimore A Philadel.

Jan.

1.

1885

May 1, 1896
1903

April 1, 1876

Irredeemable.
Annapolis.
Baltimore, 1st Nat. Bk.
July, 1885
do
April, 1900
do
July, 1900
do
July, 1900
London A Baltimore.
July 1, 1904

Baltimore, 1st Nat. Bk.
do

Jan. 1, 1926
Jan. 1, 1926
June 2, 1879
In 1878

do

Boston, Office.

*

J.

1894
1879

J- J.

City, Hudson Co. B’k.

.

c

July, 1888

....

New York A Oswego Midland.—Foreclosure sale
postponed again to S-.pt 26. 1879. Receivers’ cer¬

tificates have been issued to amount of *1.352 555.
Tne p’an of settlement was reported in V. 28, p. 42.
(V. 26, p. 290; V. 27, p. 383, 436, 462, 487, 539, 602,
652; V. 28. p. 18, 42. 277, 802, 580. 625; V. 29, p. 147.)
New York, Proiidence A Boston.— Annual report
for fiscal year ending Sept. 1. 1878, showed net earn¬

ings $898,115, against *358,997 in 1876-7. (V. 25, p.
591; V. 27, p. 3t3, 626.)
North Carolina.—Leased September, 1871, to Rich¬
mond A Danville Railroad at $26<|,000 per annum.
Dividends of 6 p. c. are paid on stock, of which the
State of No. Car. holds $3,000,009. (V. 27,
p. 406
650; V. 29, p. 96.)
Northeastern, S. C.—Gross earnings in 1877-8/
$363,344: net, $162,500. (V.25.p.61 7; V. 27,p.650.)
North Pennsylvania.—Leased to Ph'la. A Reiding
for 990 years. (See terms, V. 28. p. 625 ) Lessees
pay int. and 6p. c. on stock, 1879-sl; 7 p. c. 1881-3;
and 8 p. c. afterwards. N-t receipts 1877-8. $573,061.
(V. 28-

P.

503, 625.)

Northern Central.—Tee annual report for 1878
shows grossearn’gs, $3,7*3,456; expenses. $2/04,497;

net, $1,118,9* 9.

The total net income in 1878 was
$1,510.48), of which $1,485,585 was paid for interest
leaving a balance of $24,8)7. Und« r ihe
general mort ga-e of 18?s, $1,COO,OK) more maybe
issued, as senes “C.” (V.2ft, p. 314; V. 28. p 220.)
Northern, N. Hamnshire.—Net income fiscal year
187H-9 was $107,372. (V. 26, p. 546; V. 28. p 552.)
Northern of N. Jersey.— Operated by Erie at 35
per c- nt of gross < amings
Gross earnings in 1877
were $238,488; in 1876
$234,719. Bonds due in 1878were paid or extended at o per cent interest.
(V.
26, p. 600.)
Northern Pacific.—Sold in foreclosure Aug. 12,1878,
and pref. stock issued to bondholders till June SO,
1879, at tiie rate of $1,400 for each $1,000 bond.
This stock is exchangeable for land at its par value
Common stock issued is $29/ 52.600.
Bonds issued
in 1879, see V. 29, p. 121. (V. 26, p. 18. 415, 519;
V. 27. p. 173. 200. 3.S2. 3 5 5. 514. 628, 653; V. 28, p.
87,146, 209, 564; V. 29, p. 67, 121.)

and rentals,

►

STOCKS

RAILROAD

30, 1879.J

August

AND

BONDS.

xxv

..

by giving immediate notice of any error discovered In these Tables.

Subscribers will confer a great favor
DESCRIPTION.
For

Miles

Date

or
Par
Value.

of
of
explanation of column headings, &o., see notes
Road. Bonds.
at the head of first page of tables.

Norwich dk Worcester—Stock
New bonds, coupon

66
122
122

Ogdensbnrg dk Lake Champlain—Stock
Preferred stock

Sinking fund bonds— /.

....

118
393
393
148

Mortgage bonds for $800,000 (sinking fund)

Ohio &

Mississippi—Stock,

common
Preferred stock (7 r>. c. yearly, cumulative)
Income and funded debt bonds

393
393
393

($3,478,000 are s. f.)
Consolidated mortgage, sterling
2d consolidated sinking fund mortgage
1st consolidated mort.

fund bonds (for $1,000,000)...
Spring. Div. (Sp.A Ill. SE.) IstM. (for $3,000,000).
Old Colony—Stock
Debenture sinking

Ronds a

....

228
269

:

Bonds
Bonds
Bonds
Bonds
Bonds
Omaha dk Northw.—Land gr.

m

m

m

•

....

....

-

gold bds (for $640,000)

40
200

Oreqon <k California—1st mortgage
Oswego <Jc Rome—1st mortgage guaranteed

28^

Income mortgage

bonds
Oswego dk Syracuse—Stock, 9 per cent guar
Mortgage bonds
Consol, mortgage (guar. D. L. A W.)
Padticah dk Elizabethtown—1st mortgage
2d mortgage, income

....

1877
.

100
100

1,000
....

100
100

1862
1868
1868
1871
1873
1874

1,000
1,000
£200

1,000
1,000
1,000
100

....

1871
1860

500 Ac.

1874
1875
1876
1877
1871
1870
1865
1866

1,000
....

1,100,000

1,000
....

1,000
1,000

....

58A64

50
500 Ac.

1876
1877
1877

1,000
1,000
1,000

47
103
75
67
1669
355
....

....

....

....

100
£200

....

1867
1873
1872
1871

1,000
500

1,000
50

1,000
1,000

■

...

1870
....

....

1873
1875
1877

1,000
....

Pennsylvania Co.—Common stock

'

Preferred stock

Judgment bonds (held by Pennsylvania RR.)

i...

....

Reg. bonds, secured by P. Ft.W.& C. special stock
Pennsylvania dk Delaware—1st mortgage
Pennsylvania dk New York— 1st mort., guar
1st mortgage, guaranteed
Peoria dk Bureau Valley—Stock
Peoria, Pekin dk Jackson ville- 1st mortgage
2d

....

39
105
105
46
83

83
38

mortgage

Perkiomen—1st mortgage
Consol, mort., gold, guar.

Petersburg—Stock
1st mort. bonds
2d mortgage

P. & R., (sink, fund)

38

1*877

82
82
36
36
10
287

(payable $25,000 yearly)

2d mortgage (Pa.)
1st mortgage (Md.)

dk Erie—Stock, common

Preferred stock
1st mort., SunburyA E. (extended 20 years in
1st mortgage ($3,Q00,000 are sterling)
2d mortgage
2d mort., gold (for $20,000,000), guar by Pa.

’77).
R...

Philadelphia dk Reading—Stock, common
Preferred stock

50
50

1877

1,000
1,000

1873
1866
1866

1,000
1,000

....

100
500 &c.

1864
1870
1867
1873

1,000
100

1,000

82

Philadelphia dk Balt. Central—1st mort. (Pa)

Philadelphia

400,000
3,077,000
2,000,000
392,000
538,000
20,000,000
4,030,000
174,000
6,545,850
112,000
3,864,000
140,000
1,915,000
6,733,800
390,000
150,000
1,692,000
500,000

.

1870
1877

47

1st mortgage
Gen. M., Pli. to Pitts., coup., J. & J.; reg., A. A O.
State lien (pay’t ie in annual inst’lm’ts of $460,000)
Consol. M.t coun. J. & D., & reg. Q.—M. <s. f. 1 p. c.)
Navy Yard bonds, reg
Car Trust bonds (sinking fund 10 per cent)

$2,604,400

35
....

pp.1c.i.nt TA.nr.nhn. d- Decatur—1st mortgage
Pennsylvania—Stock
T. T.

.

100

100 Ac.
100 Ac.
100 Ac.
50
50

40
287
287
287

1857
1861
1868
1869

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

....

....

50
50
'

do
do
do
do
Loan mortgage,
Loan debenture
Loan

779
779

sterling
do

sterling.

(Extended in 1877.)...
'

....

mortgage

Consolidated mort., dollar loan, coupon or reg—
do
do

do

do

779
779

gold, $ or £, coup
dollar loan, gold, coup, or reg

Norwich dk Worcester.—Leased February, 1369, to
Boston, Hartford & Erie for 100 years at 10 per cent
per annum on cost. Dividends paid of 10 per cent

annum.
?er
Gross (V.
earnings
in 1877-8,
ncome,
$276,567.
27, p. 537;
p. 200.) net
V. 28,$666,883;

779
779
779
779

338,000

216,000
1,200,000
7,000,000
3,877,808
2,500,000
1,200,000
1,076,000
68,870,200
4,970,000
19,999,760

4,337,823
29,145,000
1,000,000
3,000,000
3,000,000
8,000,000
7,000,000
3,200,000
1,083,000
1,500,000
1,500,000
1,200,000
1,000,000
1,000,000
799,600
1,125,000
1,324,200
300,000

1859
1869
1866

779

1,700,000
(?)
10,950,000
350,000
200,000
1,320,400
124,000

500|000

....

Mortgage loans inconvertible
Loan mortgage, convertible

Outstanding

$100

35

186
186

Panama—Stock
General mortgage, sterling, (£1,000,000)
Paris dk Danville—1 at mortgage, gold, sinking fund
Paris dk Decatur, (Ills.)—1st mort., g’d, sink, f’d

.

Amount

1,000

....

1843-9
1857
1836
1843
1867
1868
1868
1871
1871
1871

1,000
1,000
£100
£500

1,000
100 &c.

1,000
1,000

1,000
1,000

800.000

400,000
300,000
6,053,700
2,400,000
976,000
5,000,000
3,000,000
8,680,000
32,726.375
1,551,800
1,510,500
79,000
182,400
967,200
134,400
1,135,300
2,700,000
10,649,000
6.999,000
968,000

Rate per
Cent.

J.
M.
J.
A.

~*2

M.
A.
J.
J.
A.
M.

7
7
6 g.
7
7
6
3
7
6
7
6
6
6
7-30 g.
7 g<
7
7
7
7
8
7
3
7 g.
7

7 g.
7
2
6
6
5
6
6
6 g.
3
6
6
7
7
7
4
7
7
6
6 g.
3
8
8
7
7
6
4
7

6 & 6 g.
7
6 g.

2^
3^
6
6
5 g.
6
7
6
7
7
6 g.
6 g.

$1,079,626. Sinking fund. $731,945. (V. 26, p. 217,
341,625, 663; V. 28, p. 376, 402, 580.)
Paris & Danville.—Ot these bonds, $450,000 were
given for coal mines at Danville, which are covered

(1,230 acres) by the mortgage. Sold in foreclosure
June 19, 1879. (V. 26, p. 592; V. 27, p. 358, 437, 629,
653; V. 28, p. 97, 121, 625; V. 29, p. 119.)

Where

When

whom.

Stocks—Last
Dividend.

J. New England Trust Co.
July 9, 1879
S. Boston, N. E. Trust Co. March 1, 1897
J.
Boston, Office.
July 10,1876
do
0.
Apr. 1, 1878

A
&
&
&
M. &
J. &

do
do

S.

J.

A S.
A O.

New York,

Mar., 1890
1897
Mar. 1,

1875
April. 1, 1882
Jan. 1, 1898
Jan. 1, 1898
April, 1911
May 1, 1883
Nov. 1, 1905

Office*

do .'
do

‘

A J.
& J.
A O.
A N.

do
do

London.
New York, Office.
do

1st

do

due Nov.. ’77
Boston, Office.

coup,

J. & J.

July 1, 1878

do

Various
A. A O.
M. A S.

1881
Oct. 1, 1880
March 1, 1894

do
do
do
do
do

& D.
& 8.
A A.
& J.
A O.
M. A N.

J.
M.
F.
J.
A.

N.

June 1, 1895
Sept. 1, 1896
Aug. 1, 1897

Y., Kountze Bros.

N.Y., Farmers’ L. AT.Co.

F. A A.

do

do

Y., Del., L. A W. RR.
do
do

May, 1915
Feb., 1891

Aug., 1879
1880 A 1885

do
do

N.Y., Treasurer’s Office.
do
do
New York, Office.
London.

April.
Q.—J.

Jan., 1901

April 1, 1890

Frankfort 0. M.

A A.
A A. N.
A N.
& S.

F.
F.
M.
M.

pal, When Due

Payable, and by

Payable

5
6
2
4
8
6

Ogdemburg dk Like Champlain.—Leased in March,
1870, to Vermont Central, but lease failed and prop¬
erty reverted to owners April, 1S77. Net earnings
Paris dk Decatur.—Consolidation. Now Illinois
1378-9, $121,604, against $241,9*8 in 1877-'8. (V. 27, Midland. (V. 19, p. 351: V. 21, p. 613.)
p. 14, 200, 333; V. 28, p.277, 526; V. <9, p. 16.)
Pekin
Lincoln dk Decatur.—Leased to Toledo,
Ohiodk Mississippi.—There are also $97,000 of old Wabash lb Western. Sold m foreclosure June 10,
1st mortgage 7s, W. Div., yet out. The company
1876, and reorganized. In 1876 -7 net earnings were
purchased the Springfield Road, March, 1875, for $54,142. (V. *3, p. 100 ; V. 26, p. 290.)
$2,000,000 in bonds secured on that roau. Nov. 17,
Pennsylvania.- -The report for 187 8 is given in V. 23,
1876, receivers were appointed. Keport in V. 28, p. p. 249, and shows surplus n<4 income of $2,913,275, ehowing net earnings of $891,467 in 16:8, 659 after
paying all charges and 2 per cent dividend.
against $578,123 in 1877. Interest or. 1st mortgage The total co-t of stocks and bonds of oth r com
is paid some months after it comes due. "(V.
panies owned by Penn. Railroad was $66 670,510.
27, p. 42,143, 173, 281, 301, 381,437, 462. 487, 514, 539, A scheme to buy uo the company’s guaranteed
628; V. 28, p. 120, 146, 200, 253, 27 5, 323. 40.', 428, securities with $100,OX) per month from earnings,
526. 554. 580, 649; V. 29, p. 67.)
and issue a 4 per cent scrip to stockholders for th-*
Old Colony.—Net income over operating (Ex¬ cash so used, was adopted by stockholders on Marrh
penses and interest, $406,428 in 1877-8. against 26, 1878, but not carried out till November, 1878,
$407,485 In 187'-7. Leased the Boston Clinton & when it was started at $50,000 per month. The
Fitchb. Dec., 1878. (V.25,p. 482; V. 27, p. 537.) following is a statement for three years on all lines
east of Pittsburgh:
Omaha dc Northwest.—Road was sold in fore¬
Gro”a
Net
closure Oct. 24, 1873. (V. 27, p. 42, 462, 514; V. 28,
Earnings.
Earnings.
p. 18.)
1878
$3t,636,734
$11 483 550
Oregon dk California—Liter default in 1873 com¬ 1877
10,1^,417
31,117,146
promise mtde with bondholders. Gross earnings 1876
36,e91,OW>
12,834,385
1878, $o43,ll',; net, $2)7,665. (V. 26, p. 3ie; V. 27, (V. 26, p 18, 95, 166, 217, 23 9, 265, 277, 315, 4•**,
p. 358, 437.)
519; V. 27. p. 42, 97.
304, 312, 381, 437, 487, 514.
Oswego dk Rome—Operated by the Rome, Water- 567, 678; V. <8, p. 97, 224, *49, 32;, 42<, 526, 649; V.
town & Ogdensburg at 8 per cent on $30 ),000 stock, 29, p. 91, 146. <62, 19.'.)
and interest on first mortgage bonds.
Pennsylvania Cnnpany.—'The Pennsylvania Com¬
Oswego & Syracuse.—Leased to Del. Lack. & West, pany is a corporation distinct from the Penn. Rail¬
for interest on bo:ids and 9 per cent on stock.
road, and operate-* all the leased lines west of Pitts¬
Paducah dk Elizabethtown. -This road organ’zed burg. The stock is owned by the Pena. Railroad.
after sale of Louisvi le Paducah & «. W ; has bonds In 1878 the net income over rentals, interest, Ac.,
outstanding as above. Net earnings 1878-9, $45,807. was $1, 51,516, and advances to railroads charged off
$473,014, leiving $778,471 profit. The registered
(V. 26, p. 57 3; V 23. p. 402, 621.)
Panama.—Gross earrings, 1273, $2114,839; net, bunds are secured by deposit of $4,003,<XK) of Pitts.




Bonds—Prinoi-

INTEREST OR DIVIDENDS.

Size,

1907
Feb. 1,1897
Feb. 1, 1897

Aug. 1, 1879
1884, ’89 A 97
New York, Office.
Jan. 1, 1903
J. A J. New York and I>ondon. July 1, 1892
F. & A. N. Y., T. W. & W. RR.
Feb., 1900
A. A O.
J. A J.

M. A N.
J. & J.

Philadelphia, Office.
do

do

May 29, 1879
Jan., 1880

Philadelphia A London.
A. A 0.
Philadelphia.
Q.-M. Philadelphia A London.

1910

Q.-J.
A

J.

J.

Annually.
June 15,1905

1881

Philadelphia, Office.
-

A. A 0.

do

Q.-J.

& A.
D.
& D.
& A.
A J.
& 0.
& O.
A D.
& J.
A J.

Philadelphia, Office.
Phila., B'k N. America.

<fc

A.
A.
J.
J.
J.

+ m

Demand.

Philadelphia.

....

F.
J.
J.
F.
J.

Oct., 1873

Pittsburgh, Co.'s Office.

do
N.
N.

do

Y., Chic., R. I. & Pac.
Y., Imp. & Trad. B’k.
do

do

July 1, 1894
Oct.

Phila., 227 8. 4th st.
do

July 5, 1907
July 1, 1903
June 1, 1896
June, 1906
Feb., 1879

do

N.Y., Lancaster, B.ACo. Jan
do

m m

,

do

1902

J.
J.
J,

& J.
& J.
A J.

Philadelphia, Office.

J.

& J.

Philadelphia, Pa. RR.

do
do

1900
1887
1913
1872
1879-'98

1,
1,
Juno 1,
Jin.,
Apr.

do
do

Jau., 1879
Jan., 1900

Oct., 1891

do
do
Oct. i, 1897
Phila., Pa. Life & T. Co. March 31,1881
do
do
J. A J.
July 1, 1888
J. A J. Philadelphia & London.
July, 1920
Jan. 25,1876
Q.-J.
Philadelphia, Office.
do
do
July 25,1876
Q.-J.
do
do
J. A J,
July, 1880
do
do
J. & J.
July, 1886
London.
J. A J.
July, 1880
do
J. A J.
July, 1880
A. & O.
A. A O.

I.

J.
A.
J.
J.
J.

A J.
A J.

do

Philadelphia* Office.

do
do
& O.
do
do
& D.
& D. Philadelphia A London.
A

D.j Philadelphia, Office.

July 1, 1882
July 1, 1893
Oct.

1, 1893
June, 1911
June, 1911

Juno, 1911

Wayne & Chic, special stock.

(V. 25, p. $61;
214, p. 118.)
Pennsylvania dc Delaware.—Sold, in foreclosure
Aug. 12, 1879. (V. 29, p. 162.1
Fort

V. 28, p. 580; V.

Pennsylvania dk New York.—Operated in close

with the Leh'gh Valley. Net
1875 6, $608,109. Dividend of 10 per cent

earnings
paid on
preferred stock of $3,500,000; common stock is
$1,061,700. (V. 24, p. 110.)
Peoria dk Bureau Valley.—Leased perpetually te
Chicago, Rock Island A Pacific at $125,000 per year.

connection

Peoria Pekm dk Jacksonvil'e.—In May, 1879, con¬
trol of bonds parcha-ed In Wabish interest. Re¬

ceiver
p.

appointed April, 1878.

(V. *8,

p. 551;

V. 89,

68.)

Perkiomen.—Leased to Philadelphia * Reading.
Int. on consol, moitg., paid one-half in scrip ot P.
A R. Company.

Petersburg.—Receiver appointed, May, 1877.

(V.

26, p. 41, 523, 653.)

Philadelphia dk Baltimore Central.—Operated for
time past in Pennsylvania by trustees of first
mortgage bondholders. Net earnings 1878, $86,849.
Phil., wil. A Balt, largely interested. (V. 23, p.

some

526.)

Philadelphia <t Erie. —Leased February, 1862, for
999 years to Penn. Railroad, but without any guar¬
antee of bonds.
Gross earnings. 1678, $2,921,060;
ne>.

earnings, $876,111.

interest, Ac., $45i,056.
p.

Net deficit after payfor
(V. 26, p. 166. 241; V. 28,

252.)

Philadelphia A Reading.—The report for 1877-8, ia
given at length in V. 28. p. 66. The trustees of
the general mortgage hold the mortgage of th#
Coal A Iron Company.
In March, 1877, propo¬
sitions
were
made
and accepted,
by whlck
holders of general mortgage bonds und Perkio¬
men
guaranteed bonds receive one-half their
coupons, for three years, in five-year 6 per cent
scrio; and holders of convertible and debenture
bonds take 6 per cent scrip in payment of their
coipons for five years. The scrip ia convertible

rl

BAILROAD

x&vi

STOCKS

Subscribers will confer a great favor by giving
DESCRIPTION.

For explanation of column headings, &c., see
at the head of first page of tables.

notes

Philadelphia d Reading—( Continued)—
Debenture loan (convertible 1876-92), coup
Improvem’t mort,, $ or £, sink’g fund, coup.
Gen. mort., $ and £ (sink, fund 1 p. c. yearly)

745

750

Income mortgage (for $10,000,000)
Debenture and guar, bonds, 6 per cent cur’cy scrip
Gen. mold, and Perkiomen 6 per cent ster’g scrip
Coal & Iron Co., guar. mort. (for $30,000,000). ..
do
debentures, guaranteed
Philadelphia d Trenton—Stock
- -

Philadelphia, Germantown d Norristown—Stock—
Philadelphia, Wilmington d• Baltimore—Stock
let mortgage, convertible
Plain bonds, loan

Pittsburg, Ft. Wayne d Chicago— Stock, guar

do
do
do
do

B

C
D
E
F
G
H
I
K
L
M

Bonds

all

cou¬

pon, but may
be made paya-‘
ble to order.

let mortgage, Vermont Diw, gold
Peril, d Rochester—1st mort., s. f. (Portl.
let mortgage, equal lien
2d
do
(Portland loan)

loan) “A”.

sinking fund, “B”.
- - -

Providence d Worcester—Stock
First mortgage bonds
New bonds

2d mortgage, coupon

..

............

consolidated (for $2,000,000)

Richmond d Danville—Stock

sinking fund loan

200
200
117
33
468

.

.

Par
Value.

1,000
1,000
1,000
10 Ac.
90 &c.

1872-4
1872

1,000
....

100

....

50

....

50
500

....

1858
1867
1,000
1872-4
1,000
1875
1,000
1868
1,000
100 &c.
1859
1876
£200
1868
1,000
1873
1,000
1864
1,000
1864
1,000
100
100
1871
500 &c.
1862
500 Ac.
1862
1862
500 &c.
1862
500 Ac.
500 Ac.
1862
1862 500 Ac.
1862 500 &c.
1862
500 &c.
500 Ac.
1862
500 Ac.
1862
500 Ac.
1863
500 &c.
1862
1862
500 &c.
1857
1,000
1874
1,000
....

50
38
25
....

120

....

1865
1862
1870
1876
1876
....

....

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

1,000

1870
1871
100 Ac.
1871
80
52 ig 1867-9 500 Ac.
52*2 1870 500 Ac.
500 Ac.
52 ig 1871
100
52
52
1876
111% 1869
1,000
100
71
....

....

....

71
67

97
39
39
41
181
79
199
10

registered.

general mort., gold (for $6,000,000)

Piedmont branch, 1st mortgage

Northwestern, N. C., 1st mort., guar

Rich’d, Fredericksburg d Potomac—Bonds, ster
Dollar loan

Coupon bonds of 1881
Richmond d Petersburg—Stock
1st mortgage, coupon
New mortgage

....

142
49
29

.

$3,717,161 $4,391,217 $4,220,2.7

(V. 26. p. 6.5, 84. 166, 217, 310, 393, 445. 496, 575,
653; V. -7, p. 122, 22^, 332. 437, 540, 669; V. 23, p.
66,113, 328, 428, 527, 580, 625; V. 29, p. 18,121.)

Philadelphia & Trenton.—Leased to Pennsylvania

Railroad with United New Jersey companies at 10
per cent on stock.

Philadelphia, Germantown & Norristown.—Leased
Philadelphia & Reading at 12 per

tor999 years to
cent on stock.

Philadelphia; Wilmington A Baltimore.—Net earn¬
ings, year ending Oct. 31, 1878, $1,095,103, leaving a
•orpins income of $38,112 above payment of all
charges and 8per cent dividends. (V. 26, p. 191;
V. 88. p. 67.)
Pittsburg A ConnellsvWe.—On Jan. 1,1876, a trans¬
fer was made by City of Baltimore to Baltimore &
Ohio Railroad for $1,060,000, and the consolidated
mortgage made for £2,200,COO, and guaranteed by
B; A O
Grose earnings 1876-7, $1,388,434; net
.

$406,418. (V. 24, p. 135.)
Pittsburg, Cincinnati A St. Louis.—This company
leases several roads and is itself controlled by the

Pennsylvania Co., which holds a majority of the
capital stock. Common stock, $2,508,000; 1st pref.,
$3,929,200; 2d pref., $3,000,000. Gross earnings in
1878 of road proper $3,176,370; net. $1,186,763; sur-

interest, Ac,. $3*1,383. Loss on leased
$511.141; net deficit, $139,757. (V. 26, p.
*00, 445, 496, 523; V. 27, p. 97, 200, 304, 409, 567, 629,

dIus over
lines, &c..

376.)

Chicago.—This road

500 Ac.
100

....

1870
1877
1873

1,000
....

....

1862

100 Ac.

1864

1,000

....

....

....

1871
....

100
1.000
100

....

....

....

....

1867
1874
....

1873

1,000
....

....

....

•

•

•

• •

•

•

....

•

•

•

....

mm mm

....

....

....

•

....

25
....

into income mortgage bonds. (See V. 24, p. 299.
Bonds cue 1SS0 will be extei ded 30 years, on pay¬
ment of 1 • per cent premil m
A compar^on of sta¬
tistics for three years is as follows:
1875-6.
1876-7.
1977-78.
Gross earnings..
$12,227,511 $1V 49.910 $11,539,593
8,510,350 7,751,69i 7,319,366
Op. expenses

1877

1870
1875

[Vol. XXIX,

•

100

1,000
....

Bonds—Princi¬

INTEREST OR DIVIDENDS.

Amount

Outstanding

Rate per When Wl
Cent.
Payable
7
6
6 g.

$1,000 $10,499,900

*

....

....

Bonds, guaranteed by State
3d mortgage, consolidated, coupon or




10

149

44

Reading d Lehigh—1st mortgage (Berks Co. RR.)..
Rensselaer d Saratoga—Stock

Wayne A

149

....

Raleigh d Gaston—1st mortgage
Reading d Columbia— 1st mortgage, coupon

Pifttburg, Fort

•

Size, or

....

- - - -

convertible, gold.
Portsmouth, Gt. Falls d Conway—Stock
Bands (not mort.) guaranteed by Eastern RR

$53; V..28, p.

•

1877

BOND'.

Immediate notice of any error discovered In tliese Tables.

....

mortgage, gold

Net earnings

•

1873
1873
1874
1876
1877

....

Pori Royal (S. C.)—1st mortgage,

New

34
112
95

30
90

Portland. Saco d Portsmouth—Stock

State

26

468
468
468
468
468

Funding income bonds (P. T. & B.)
Pittsb., Va. d Charleston—1st mortgage, gold
Portland d Ogdensb.—1st mort., E. D., gold
New mortgage (for $3,300,000)

let mortgage,

....

468

Equipment bonds (renewed)
Pittsburg d Lake Erne—1st mortg. (for $2,000,000).
Pittsb. Titusville d Buff.—1st mort. (W. & F.RR.).. ,.
let mortgage (Oil Creek RR.)
let mortgage (Un. A Titusville RR.)
New mortgage (Pitts. T. A B.)

1st

....

....

468
468
468
468
468
468
468
468

(series A)
do
do
do
do
do
do
do

....

•

do
do
do
do
Pittsb. d Connellsvillc.— 1st mortgage
let
do
Turtle Creek division
Consol, mort., guar. B. & O. (s.f. £7,200 pr. yr.)..
PtUs., C. d St. L.—1st m., cons, (for $10,000,000)
2d mortgage
let mortgage, Steubenville & Ind., reorganized...
Col. A Newark Division bonds

1st mortgage
do
1st
do
1st
do
1st
do
1st
do
let
do
2d
do
2d
do
2d
do
2d
do
2d
do
2d
do
3d

Miles Date
of
of
Road. Bonds

AND

9,364,000
19,686,000
2,046,000
3,475,897
1,805,000
13,036,500
1,731,000
1,259,100
2,231,900
11,561,250
265,000

7
6
6
7
7

3
4
6

6,500,000

6
6
6
7
6
6 g.

6,222,000
2,500,000

7
7

3,000,000

6
7

1,000,000
700,000
800,000

4,000,000
326,600

775,000
19,714,285
6,329,300
875,000
875,000
875,000
875,000
875,000

1%
1%

875,000
860,000
860,000
860,000
860,000
860,000
860,000
2,000,000
100,000
1,000,000

(I) c
1,500,000
580,000
500,000
1,155,000
315,933
1,583,000
800,000
1,577,960

2,300,000
700,000
350,000
450,000
1,500,000
500,000
2,500,000
770,000
486,000
2,000,000
500,000
650,000
658,000
650,000
350,000
1,500,000
7,000,000
1,925,000
4,000,000
508,486
111,700
1,767,500
1,728,000
500,000
500,000
67,778
299,917
450,000
1,008,600
175,000
31,000

'

7
7
7
7
7
7
7
7
7
7
7
7
7
7
8

ere

pal, When Due.

Payable, and by

Stocks—Last

Whom.

J. A J.
Philadelphia, Office.
A. A O. Philadelphia or London
J. A J. London A Philadelphia.
J. A D.
Philadelphia, Office.
J. A J.
do
do
J. A J. London A Philadelphia.
Various
do
do
M. A 8.
Philadelphia, Office.

Dividend..
1, 1893
1, 1897
July 1, 1908
Dec. 1, 1896
July, 1882
July, 18i82
1892 to ’94
Jan.
Oct.

1892

Q.-J.

July 10,1879
June 3, 1879
July 1, 1879
J. A J.
do
do
July, 1884
A. A 0.
do
do
April, 1887
A. A O. Phil’delphia, Co.’s Office Oct. 1, 1892
Philadelphia, Office.
Q.-M. Phila., Treasurer of Co.
J. A J. Philadelphia A Boston.

A.
J.
F.
J.
F.

A O.
do
do
April 1, 1900
A J. Balt., Balt. A Ohio RR.
July, 1898
& A. Pittsb., First Nat. Bank Aug. 1,1882
& J. London, J.S.Morgan ACo Jan. 1, 1926
A A. Phila., Pa. RR. Office.
Aug. 1, 1900
A. A O.
do
do
April 1, 1913
M’nthly N. Y. Agent, 57 B’way.
May, 1884
J. A J. Phila., Pa. RR. Office.
Jan., 1890
Q.-J. N. Y., Winslow, L. A Co. July 8, 1879
do
do
Q.—J.
July 1, 1879
J. A J.
do
do
July 1, 1912
F. A A.
do
do
July 1, 1912
M. A 8.
do
do
July 1, 1912
A. A O.
do
do
July 1, 1912
M. A N.
do
do
July 1, 1912
do
J. A D.
do
July 1, 1912
do
J. A J.
do
July 1, 1912
F. A A.
do
do
July 1, 1912
M. A S.
do
do
July 1, 1912
A. A O.
do
do
July 1, 1912
M. A N.
do
do
July 1, 1912
J. A D.
do
do
July 1, 1912
A. A O.
do
do
July 1, 1912
J. A J.
do
do
Jan. 1, 1887
M. A 8.
do
do
Mch. 1, 1884
*

•

7
7
7
7

7
7 g.
o g.
6 g.
6 g.
6
7
6
3
6 g.
7 g.
3

4^
2*3
6
6
7
7
7

F. A A.
A. A O.
J. A J.
F. A A.
F. A A.
A. A 0.

7

Philadelphia, Office.
do

July 1, 1890

Philadelphia.

April 1, 1902

do
do
do

Feb.
Feb.

1,
1,

1896
1896

1900
Nov., 1901

Jan.,

May, 1891
July 1, 1887
Oct. 1, 1887
Sept. 1, 1891
July 1, 1879

....

....

....

M. A S. N. Y., Union Nat. Bank.
J. A D. Columbia, First Nat.B’k
....

J. A J. N. Y., Nat. B’k Com’rce.
M A N. N.Y., Del.A H.Canal Co.

...

Nov. 1, 1889
July 15, 1873

Dec. 1,

1937

July 1, 1879
July 1, 1880
•

1897

Jan., 1898
Mch. 1, 1882
June, 1884
Nov., 1902
Jan. 2, 1879
Nov., 1921

....

A J.
Richmond, Office.
A J.
6
do
MAN. N. Y., City Nat. Bank.
6
6 g.
do
do
8
6*70 A. A 0. New York or Richmond
6 g. J. A J.
London.
6 A 7
Various
Richmond, Office.
8
J. A J.
do
2
J. A J.
Richmond, Office.
A. A O.
do
8
do
M. A N.
do
7
do
6

Feb. 1, 1896
Apr. 1, 1882

do
do
do
do

J. A J. Boston, First Nat. Bank
M. A N.
do
do
M. A N. New York and Boston.
J. A J. Boston, Columbian B’k.
A. A O.
do
do
Various
do
do
J. A J.
Boston, Office.
do
do
M. A N. New York and London.
J. A J. Bost., Eastern RR. Co.
do
J. A D.
do
J. A J.
Providence, Office.
J. A J.
do
do
do
do

....

4

■

....

....

J
J.

1880
Jan. 1,1875
1878 to ’90

....

....

leased. July, 1869. for 999 years, to Pennsyl¬
vania Railroad, at a rental equivalent to interest,
sinking fund of debt, and 7 per cent on $19,714,286
stock, \vhi<h was increased at that time from
$11 ,500,000. The lease was transferred subsequently
to the Pennsylvania Company.
The lessees to keep
the road in repair, and also pay taxes, expenses,
etc.
Pittsburg, Fort Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads;
which in turn are leased again by Pennsylvania Com¬
pany.
Special Impr. stock issued to Penn.
Railroad for improvements, &c., is under article 16

1888
1875
1875

1881-’90
Jan. 6, 1879
1880 to ’86

May 1, 1915

Portland, Saco A Portsmouth—Leased March 18,
1871, to Eastern Mass. Railroad for 99 years at 10
per cent per annum; modified Dec., 1875. to 6 per
cent for two years. (V. 24, p. 445, 5*2; V. 28, p. 580.)
Port Royal.—'The Georgia Railroad guarantees
$500,000 of these bonds; sale in foreclosure was

was

made June 6, 1878, to Union Trust Co. for $500,000.
(V. 25, p. 90; V. 26, p. 95, 496, 654; V. 28, p. 555.)

Portsmouth, Great Falls A Conway.—Opened in
1872, and leased to Eastern Railroad, Massachu¬
setts.
New 4)4 per cent bonds for $1,000,000
of lease. Net earnings, 1878. $3,689,196; profit to authorized, and new contract of lease. (V. 27, p.
lessee, $728,593. Sinking fund for b^nds amounts to 15, 97, 115, 228.)
Providence A Worcester.—Net earnings year end¬
$2,565,588. (V. 26. p. 523; V. 28, p. 377, 598.)
ing September 30, 1878, $279,835; notes pavable,
Pittsburg A Lake Erie.—The capital is $2,000,- $668,241. Mortgage bonds for $2,000,000 authorized.
000. The Lake Shore & Michigan Southern C».
(V. 25, p. 476; V. 26, p. 94; V. 27, p. 537.)
subscribed for $200,000 of it. (V. 28, p. 113, 147.)
Raleigh A Gaston.—Net earnings 1877-8, $107,185
against $85,749 in 1876-7. (V. 27, p. 94.)
Pittsburg Titusville A Buffalo.—This was the Oil
Reading A Columbia.—This road is operated and
Creek & Allegheny River road. Sold in foreclosure
controlled by the Philadelphia & Reading Railroad.
and re-organized Dec. 29, 1875. Defaulted August,
1678, on consol, bonds. Net earnings 1878, $184,562. Floating debt, $1,093,494.
(V. 27, p. 137; V. 28, p. 18, 277.)
Reading A Lehigh.—This was the Berks County
road; sold out, and leased to Philadelphia do
Pittsburg Virginia A Charleston.—Road leased in Reading, March, 1875, for 99 years. To be sold
1879 to Penna. R.R. Of these bonds thfe Pennsyl¬
again Sept. 23, 1879. (V. 26, p. 266; V. 28, p. 600.)
vania Railroad owns $500,000.
Net earnings, 1877,
Rensselder A Saratoga.—Leased May 1, 1871, to
$34,640; 1678, $50,298. (V. 28, p. 113.)
Delaware & Hudson Canal Company, which pays in¬
Portland A Ogdensburg.—The two divisions were terest on bonds and 8 per cent on stock. (V. 25. d.
consolidated March, 1875, as one company.
In 615; V. 27, p. 602.)
March, 1876, Company passed the interest on
Richmond A Danville.—Gross earnings 1877-8.
its bonds, and funding proposals were offered. Re¬
$942,385; net, $310,947. This company leases the
ceiver appointed October, 1877, and foreclosure suit
North Carolina Railroad and the Piedmont Railroad,
is pending. Report of committee and plan of re¬ and
controls the Char. Col. A Aug. (V. 26, p. 115;
organization, V. 26, p. 575. <V. 26, p. 41, 84, 94, V. 27,p. 409, 650.)
575; V. 27, p. 549; V. 28, p. 144, 200.)
Richmond, Fredericksburg A Potomac. — Gross
Portland A Rochester—Interest In default, and earnings 1877-73, $314,272; net earnings, $154,098.
receiver appointed in January, 1877.
The report (V. v7, p. 68, 85, 566.)
for )3 mos. to Sept. 30, 1878, shows gross earnings,
Richmond A Petersburg.—Gross earnings year
114s*,15’; expenses, $118,816. (V. 25, p. 333; V. ending Sept..30,1877, $137,116; net, $47,271. (V. 22,
28, p. 419 625; V. 29, p. 42.)
p. 15; V. 24, p. 62.)
,

•

August

RAILROAD STOCKS AND BONDS.

30, 1879.]

immediate notice ot any error discovered in these Tables.

Subscribers will confer a great favor by giving

INTEREST

DESCRIPTION.
For

Miles

explanation of column headings, &c., see notes
at the head of first page of tables.

Rome, Watertown <£ Ogdensburg—Stock
1st sinking fund mort., Wat. A R..
General mortgage, sinking fund
2d mortgage
Consol, mort., convert, till July, ’79, coup
Rutland—Stock, common

Preferred stock
General mortgage (8 per cent, now 6)
New mortgage in exchange for equipment

bonds

St. Joseph <t Western— 1st M. St. Joseph & Pacific..
Kansas & Nebraska, 1 st mortgage
St. Louis, Alton <£• Terre Haute—Stock
Preferred stock (7 per cent yearly, cumulative).

sinking fund.,
sinking fund..
(series C)

O

1855
1861
1872
1874

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

1872

1878
1876
1876
_

_

_

100

#

100

<o

1,000
500 Ac.

1864

1,000
1,000

1864
1864
o

£

©

Real estate and railway 2d mort...
1st & 2d mort. on St. Charles Bridge, coup, or reg.
1st mort., Omaha Div., gold, sink, f., coup, or reg.
St. L.<t S.Francisco —1st M. (So. Pac.), g., (I’d grant)
2d mortgage bonds, A
do
do
B, gold
do
do
C, gold
Land debentures
New mortgage (for $1,000,000)
St. Louis d- Southeastern—1st M., gold. conv. s. fund
Consolidated mortgage, gold, sinking fund..
Evansville Henderson & Nashville, 1st mort
St. Louis Yandalia <£■ Terre Haute—1st M. s. f. guar
2d mort., sink, fund ($1,600,000 guar.)
St. Paul <& Duluth— Preferred 7 per cent stock
Common stock.
Sl.P. Minn'polls & Man.—1st M., 10m.,St.P. to St. A

$475,000)

Saginaw Valley & Si. Louis.—1st mortg., coup
Sandusky Mansfield <£ Newark—Re-organized stock
1st mortgage, new
Savannah & Charleston—C. A S.„ guar, by 8. C
Funded int. bonds, S. & C. RR., guar, by S. Car...
1st mortgage, Savannah & Charleston RR
Savannah db Memphis—1st mortgage
Schenectady db Duanesburg— 1st M., guar. D. & H
Schuylkill Valley—Stock
Scioto Valley—1st mort. (s. fund $13,000 per year)

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

525
354

1865

354

1874

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

146
293

....

210
420
98
158
158
156
156
10
76
667
121
121

1,000
______

1878
1879
1868
1876
1876
1876
1874

m

424,200
1,021,500
1,000,000
4,250,000
2,480,600
4,000,000
1,337,100
1,105,200
1,900,000
1,900,000
2,300,000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
300,000
21,202,661

100

24,000,000
6,000,000
3,000,000
1,388,500
2,350,000
7,194.500
293,200
2,476,000

Ac.
Ac.

1,000
500 Ac.

1,000

1,000
1,000

m

2,295,000

3,250,000
5,145,000
1,000,000
1,899,000
2,600,000
5,137,038

4,056,407

_

1862
1862
1879

34*2

1872

1,000

116
116
101

50

1869

1,000

2,301,000

500
100 Ac.
500

505,000
111,800
500,000
2,423,000
500,000
576,050
1,300,000
1,299,600
210,000

1,000
1,000
100 Ac.
100

....

.

14*2

1853
1868
1869
1870
1874

.

11
98

1876

80
80

500 Ac.
100

i851

1,000

1870

1,000

i'oi
60

40
100
100

1,000
100 Ac.
50

16,000

p.m.

838,500
241,000

.

.

3,000,000
28
28

1st

78*2
78*2
32
50
50
105
•

•

•

•

.

50

1871

500 Ac.

1864
1871
1869

1,000

1865
1868
*

*

*

*

500 Ac.
100
100 Ac.
500 Ac.
500 Ac.

When

Cent.

Payable

869,450
1,994,000
750,000
850,000
874,500
1,000,000
200,000
1,629,000
1,628,020

A
A
A
A
J. A

7
3
7
7

J.
J.
M.
J.

7
<3

•

•

6




Road

runs

J.
J. N.

5

•

•

•

Stocks—Last
Dividend.

Payable, aud by

New York.
July 1,1902
Y., Farm. I.. A T. Co. July 15,1875
do
do
do
do

S.

do
do

Sept. 1,1880
Dec. 1, 1891

do
do

Jan.1,1892
July 1,1904

........

Feb.
Nov.

Boston, Treasurer.

M. A N.
F. & A.

7
7

pal, When Due.

Whom.

3*28 F. A A.

do

do

do

do

New York.

J. A J.

2,1.875
1,1902

19—

19—

A J.

J.

....

•

Feb.

2
7
7
7
7
7

10
....

7
7 g.
7 g.

7 g.
7 g.

7,
6

do
do
do

A A.

F.
M.
M.
M.

A N.
A N.
A S.

do

-

do
do
do

*

do

i, 1.878

1894
1894
1894
1894
1894
1880

A J. N. Y., Office 12 Wall st.
do
do
A. A O.

J.

....

F. A A. N.Y.,Office 20 Nassau st
M. A N. New York or London.
J. A D. New York, Co.’s Office.
do
do
J. A D.
do
do
J. A J.
do
do
March.
do
do
March.

Aug. L, 1892
May 1.1897
June 1, 1897
June 1, 1897
Jan. 1, 1891

Various.

....

7
7
7 g.
7 g.
6 g.
6
3 Ac.
3 Ac.
10
7 g.
7 g.
7
7

7
....

•

•

•

•

8
7
7 2
8
8
2
7
6
7
7
8 g.
6

2*2
7

3*2
7

8
7
8
7
3
7 g.
7
8
7
4
7
6
6

gage on St. Charles Bridge is for $1,000,000. and is
from Rochester, N. Y., to 7 per cent for 3 years arid 8 per cent for 27 jears.
Salamanca, and Rochester City furnished $t00,0o0 Omaha Div. is under con tiuction. (V. 26, p. 68,
towards ,ts construction. (V. 2», p. 139.)
288, 471; V. 27, p. 332, 488, 515; V. 28, p. 200, 253,
Rome, Watertown db Ogdensburg —The last report 275, 299; V. 29, p. 19, 42, 121, 147.)
shows gross earnings in 1877-8 of $1,213,7*6; net,
S', lyruis & San Francisco.—This is the re-organi.$350,717, against $343, 36 in 1877. Default was zation of the Atlantic & Pacific, sold in foreclosure
made on coupons consol, bonds April, 1878. (V. *6
Sept. 8, 1876. The stock authorized is- $4,500,00 >
of 1st pr< ferrei; $10 000,<00 of pref.; $i#,.r00,000
p. 334; V. 28. p. 276; V. 29, p fc8.)
Rutland.—Five per cent bonds were given in ex¬ of common.
The laud grant amounts to some
change for equipment bunds and 6 per cents for l,000,i >00 acres, and on about 3J0,0(O acres bonds “ B’’
mortgage b nde. (V. 27, p. 121, 253, 384,567; V. 28, are receivable in payment for lands. The interest
on bonds “B” and “C” is 3 percent for 1879-’60-’8l,
p. 200;V.29,p.l * 5.)
St. Joseph db Western.—The St. Jo. and Denver 4 for 18’>2, 5 for 1683, and 6 afterward. In 1878 gross
City was sold in foreclosure Nov., 1675, and re¬ earnings were $1,201,651; net, $603,517, against
organized. The land grant of 300,100 acres is in $739,136 in 1877. (V. 26, p. 2 4 1; V. 28. p. 253, 454,
handb of trustees, for the bent fit of ihe holders of 495, 527, 555; V. 29, p. 1 45.)
the land scrip of $2,250,000
St. Louis db Southeastern.—In hands of receiver.
In 1878 gross earn¬
ings were $641,391; operating expenses and ren w- Tennessee Div. sold April 9, 1879, and purchased by
als, $5r0 209. (V. 24, p. 322, 469;' V. 26, p. 289; V. Louisv. & Nashv. RR.
Kentucky Div. was sold
Ju y 19. Gross earning* of whole li. e 1877-8, $1,162,28, p. 3 51, C25.)
St. Louis, AUov. db Terre Haute.—The main line— 196; net. $272,553. (V. 26, p. 2«3, 204; V. 27, p.
Terre Haute to E. St. Louis and Alton Branch—wus 229, 488; V. 29, p. 18, 353. 378; V. 29, p. 42. 96.)
leased June, 1867, for 99 years, to indianat). & St. L.
St. Louis, Vunduiia db Terre Haute.—The com.
at 30 per cent of earnings (but $450,000 a minimum).
stock is $*,383,315; pref., $1,451,700. This road is
This wa* guaranteed by thies other companies; see leased to Terre Haute & Indianapolis at 30 per cent
V. 26, p. 614,65*. Jn 1878, gross earnings were $928,- of gross ear ings. In year ending Nov. 1, 1878, the
301, against $953,570 in 1877. The Belleville Br. and earnings were $1,054,627, on whioh 30 per cent was
Extension earned net in lS7;\ $141,268. Coupons $31o,3 8. The charges, including interest, were
due sugnst, Id d. on 24 mort. bond were paid in $352. 13, leaving a deficit of $35,565 advanced by
January, 18:9. (V. 26, p 417, M4,625, 6> : V. 27, the lessee. Deficit, 18:7, was $33,935. Bonds guar¬
anteed by Terre Haute & Ind., t>y Col.. Chic. &
p. 17, 140, 437, 454, 48d b03. 678; V. .8, p. 476.1
St. Louis, Iron Mountain db Soultiern.—Gross Ind. Cent., a id Pitts. Cin. & St. Louis. (V. 24, p.
earnings, 1878, $4,514,321; net. $1.9«5,955.
In 11 •»; V. 26, p. 165 ; V. 28, p 119 )
St. Pool db Duluth.—This is the Lake Superior &
1875, the company funded three coupons, but failed
to carry out its agreement with bondholders in 1876.
M ississippi reorganized.
Preferred stock is receiv¬
The net earnings were applied to floating debt able for lands. Lands unsold, about 1,30 ',000 acres.
insieaa of bonded interest
For the latest agree¬ Gross ea Pings, l87r«-9, $<39,291; net, $87,018. (V.
ment with bo* dholdrrs, see V. *8, p
43
(V. 27, p.-147; V. 29, p. *8. 118 )
St. Paul Minns ipolis db Manitoba.—St. Paul &
26, p. 287, 342. 368. 6*5; V. 27. p 358, 384, 409;
V. 28, p. 44, 173, 302, 32o; V. 29. p. 18.)
Pac fic First Div, sold in foreclosure in June,
St Louis, Ka sas City db \orthern.—To be con- 1879, and reorg«nized (V. 26, p. 2 >6, 316, 342 420,
solid ue<l with Wab ish. (V. 29, p. lit.) Gross earn¬ 575; V 27, p. 42, 68, 149, 515, 653; V. 28, p. 200, 454,
ings in 1878, $3,321,495; net, $1,347,£00. First mort¬ 495, 555, 580, 616; V. 3<, p. 147.)

July, 1878.

Where

....

•

Bonds—Princi¬

OR DIVIDENDS.

D.
J.
A. A O.

7

4,000,000
5,927,000
2,500,000
1,450,000
8,000,000
4,163,297

4,089,000

Ac.
Ac.

Rate per

$2,180,000
3,147,600

350^000

1868
m

Outstanding

1,000

500
100
500
500

69-71
1872
1867
1867
m

Amount

120,000
366,000
8,000,000
2,081,800
2,400,000
446,000
1,050,356

Shamokin Valley db Potlsville—Stock

Rochester & State Line.— Bonds sold in N. Y.,

100

1867
1872
1870
1872
1870
1879
1879

210
210
100
72
300

Seaboard & Roanoke—Stock.

mortgage, gold, on road and lands
Sheboygan & Fond du Lac—1st mortgage
1st mortgage extension
Shonar.go db Alleghany—1st mortgage
Shore Line (Conn.)—Stock
1st mortgage, construction bonds
Sioux City db Pacific— 1st mortgage
2d mortgage (government subsidy)

1,000

.

mortgage (North Missouri)

1st mortgage
:
Selma db Gulf— 1st mort., guar, by Alabama
Selma Rome <6 Dalton—1st mortgage
2d mort., Alabama & Tenn. River RR
General mortgage for $5,000,000

500 Ac.

686

coupon

2d M., and 1st, St. Paul to Watab
Land grant sinking fund mortgage
St. Paul & Sioux C.—Pref. stock, (Div. on
Common stock

100
100 Ac.
500 Ac.

1864
1864

-

2d mortgage, gold, coupon, may be registered....
Arkansas Branch, 1st mortgage, gold, land grant
Cairo Ark. A Texas, 1st mort., gold, coup or reg.
Cairo & Fulton, 1st n ort., gold, on road and land
1st pref.income bonds, reg., (cumulative).:
2d pref. income bonds, reg., (cumulative)..
St. L. Kansas City <k N.—Stock ($12,000,000 is prf.)
1st

$1,000

1878

207

(series D)

Equipment mortgage

mortgage,

120
120
115
115

-g

St. Louis, Iron Mountain & Southern—Stock
1st

Date Size, or
of
of
Par
Road. Bonds Value.

109
409
97
190
190
360
120
120

Rochester <£ State Line.—1st mortgage

1st mortgage (series A)
1st mortgage (series B)
2d mortgage, preferred
2d mortgage, preferred
2d mortgage, income

xxvii

J.
M.
A.
A.
J.
M.
M.
M.

A
A
A
A
A
A
A
A

J.
S.
O.
O.
J.
N.
N.
N.

N.Y.,Nat Bkof Com’rce
do
do

do
do

do
do
do

do

M. A N. N.
A A.
A J.
A J. N.
A N.

J 1,
Sept. 1, 1904
Oct. 1,1908

do
N. Y., Trask A Stone.
do
do

Q-J.
F.
J.
J.
M.

do
do
do

April 1, 1919
July, 1888
Nov. 1, 1906
Nov. 1, 1906
Nov. 1, 1906
Jan..

Nov., 1894

Y., G. Opdyke & Co.
do
do

do
do

-

Aug.. 1902
Julf 1, 1897

Y., Third Nat. Bank.
do

1. 1884

Jttt. 1. 1897

May 1, 1898

do

....

.

....

.

1881
M. A S. N.Y.,J.S. KennedyA Co.
do
do
1892
J. A J.
1909
J. A J. New York and London.
St. Paul, Office.
Q.-J.
J. A J.
M. A N. New York, 9th Nat. Bk. May 1, 1902
1 st N. Bk., Sandusky, O.
Oct. 1, 1875
J. A J. N. Y., Union Trust Co.
July, 1902
M. A S. Charleston, 1st Nat. Bk. March 1, 1877
M. A S.
New York.
Sept. 1, 1899
do
Jan. 1, 1889
J. A J.
M. A N. N.Y.,Lancaster,B.& Co.
May 1, 1890
M. A 8. Del. A Hud. Canal Co. Sept. 1, 1924
J. A J.
Philadelphia, Office.
Jan., 1879
Jan. 1, 1896
J. A J. N.Y., Winslow, L. A Co.
M. A N. Phil.,Townsend,W.ACo.
May 1, 1879
do
do
F. A A.
Aug.. 1880
Jan.
New York.
A. A 0.
1, 1890
Jan. 1, 1872
New York, Office.
J. A J.
Jan. 1, 1864
do
do
J. A J.
do
- do
A. A O.
April 1, 1887
F. A A. Philadelphia,Treasurer.
Feb., 1879
do
do
J. A J.
July, 1901
N. Y.; (Jn default.)
J. A D.
June, 1884
do
do
A. A O.
Octobm*, 1896
A. A 0. N. Y., N.Bk. of Com’rce. April 1, 1889
J. A J. N. H., Nat. N. II. Bank. July 5, 1879
do
do
M. A S.
Sept. 1, 1880
Jau. 1, 1898
J. A J. N. Y., Nat. Park Bank.
J. A J. U.S. Treas., at maturity Jan. 1, 1898
....

St. Paul & Sioux (ity.—This company has about
55!),0'X) acres of land ansold. (V. 26, p. 548; V. 27,
p. 171 ; N. 28, p. 171.)

Saginaw Valey db at. Louis—Has a traffic guar¬
by Michigan Central. Net earnings, 1877,
$57,519. (V. 27, p. 304; V. 29, p 96.)
Sandusky, Mansfield db Newark.—This road i*
leased to the Central Ohio, and the lease guaranteed
by Baltimore A Ohio. (V. V6, P- 290-)
antee

Savannah db Charleston.— Road in hands of receiv¬
and decree of sale made.
Savannah
Memphis — Defaulted after the crisis
of 1873. Net earnings, 1875-6, $16,118.

er

db Duanesburg— Capital stock is
D.& H. Canal Co.,which runs the road.
Schuylkill Valley.—Leased to Philadelphia & Read¬
ing, with 5 per cent dividends.
Scioto VaJ.ley.— This new road, from Columbus to
Portsmouth, reports gross earnings of $282,153 ia
1878, and net earnings of $125,877. (V. 27, p. 653 ;
V. 28, p. 525.)
Seaboard db Roanoke.—Net earnings year ending
March 1, 1879, $183,355. Of the stock, $200,000 ia
guaranteed.
Selma db Gulf. -To he sold in foreclosure Sept.22.
(V. 25. p. 335, 593; V. 27, p. 304; V. 29, p. 162.)
Selma, Rome db Dalton.— This was fonnerlv the
Sdienecady

owned by the

Alabama & Tennessee River.
and road to be sold. (V. 24, p.

Shamokin

Interest in default,

566.)

Valey db Potlsville.-Leased February.

1861, to Northern Central,at 7 per cent on

bonds and

stock.
Sheboygan db Fond du Lac.—Defaulted 1873. Gross
earnings, 1877, $100,011; net, $12,204. (V. 24, p.
198, 345: V. 26, p 521; V. 28, p. 467.)
Shenango db Alleghany— Leased to Atlantic &
Great Western, and “ rental trust bonds ” issued.
Gross earnings 1875, $201,039; net. $114,699.
Shore Line.- Leased to New York & New Haven
at $ !00,000 per year. Gross earnings. 1876-7, $342,374,
net $49 869; gross earnings, 1877-8. $317 978; net
profir to lessee, *1,539. (V 21, p. 63; V. 28, p. 40*)
Sioux City db Pacific.—Div. of 3)4 on pref. stock,
paid April 1, 1879. (V. 27, p. 98, 253, 274.)
6 per cent on

STOCKS

RAILROAD

xxviii

Subscribers will confer a great favor by giving

,

explanation of column headings, &e., see note
at head of first page of tables.

Sioux City<£ St. Paul— 1st mortgage, gold,
1st mortgage, currency, for $2,100,000

mortgage, gold
South Carolina—StocK.. ~
1 st* mortgage, sterlinsr loan
do
dollar bonds (L)
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. <t No. Alabama—1st M., endorsed by Alabama.
Sterling mort., s. fund, guar, by L. (fe N
Southern of Long Island— 1st mortgage (S. Side)...
Southern Central (N. Y.)—1st mortgage

2d mort. gold ($400,000 end. by Lehigh V. RR.).
Southern Iowa d• Cedar llapids—1st mort., gold
Southei'n Minnesota—1st mortgage, constrifction...
Southern Pacific (Cal.)—1st mort., gold, land gr
Southern Bennsylvonin.—1 kt, mortgage, gold
Southwestern (Ga.)—Stock, guarant’d7 per annum

Company bonds, convertible into stock at par
Spartanburg & Asheville— 1st mortgage, gold

2d mort., consol., gold, coup. ($17,000 p. m.)
Income and land mort., reg. (7,600,000 acres)

Toledo, Peoria <6 Warsaw— 1st mortgage (W. Div.).
1st mortgage (E. Div.)
2d mortgage (W. Div.) convertible

Consolidated mortgage (for $6,200,000)—
1st

Date
of

Size, or

Bonds

Value.

122
124
23

1871
1871
1871

$1,000

242
242
242

1868

Miles
of

Road

.

i*83
183
57
114
114
87
170
712
24

257
30

1st mortgage
Bonds ot 1873 (for $1,600,000)
Texas <£ N. Orleans of ’74—1st mortg. landgr., coup
Texas <t Pacific—1st mort., gold, coup.($8,000 p.m.)

mortgage

Par

712
30
81
81
81
20
20
113
73

100

1,000

106
444
444
444

11612
110%
11612
227
10
53
35

(Burlington Div.)

Boston—Stock
mortgage, consolidated

1872
1870
1868

and equipment
{government subsidy)

mortgage, gold, on road
do
do

TAnn

....

road (2d on land), sinking fund. 1,038
grant, bonds on 10,764.047 acres
on

Omaha bridge bds, st’g, 's.f. about $50,000 yrly).
Union Pacific, Central Branch—1st mort., gold
2d mtrtgage (government subsidy)
United N. J. ilR. <& Canal Companies—Stools.
General mortgage, gold, coupon
United Co.’s mortgage, sinking fund, registered..
do
sterling loan mortgage, sinking fund
do
do
do
do
ilo
do
dollar loan, mortgage
Joint Co.’s mortgage, sterl’g, s. fd. (£138,500).
do
do

100
379
....

....

....

....

mortgage, gold

Utah Southern—1st mortgage, coupon
Utica <& Black Rivci—Stock
1st mortgage bonds of July, 1868

Mortgage bonds, 2d issue
Chenango <6 Susquehanna Valley—Stock
Vermont <t Canada—Stock
Bonds, guaranteed by Vermont Central

Utica

....

.

.

.

1,000
100

....

....

100 -fee.

1876
1865
1875
1875
1867
1876

1,000
500 <fec.
100

270,000

1,750,000
4,125,000 1
1,000,000
1,988,150
800,000

50

1,000

1873
1875
1875
1875
1875
1866
1864
1866
1870
1871

1,6*00
1,000
1,000

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

1,000
100

....

1,000
500 &c.

1874

ioo

1866-9

1,000
1,000

....

1874
1867-9
1871
1866
’66-7-8

....

1,000
£200

1,000
1,000
100

....

1,000

1871
1871
1871
1871
1871

....

....

....

....

1834-7

....

pay

float’g debt).

City & St. Paw/.—There are also $502,000 2d
bonds, $n*,003 equipment, and $280,600 in¬
come bonds.
Lands sold in 1?78, 6-1,001 acres, for
$114,177. (V. 25, p. 212; V. 26, p. 290, 471, 4 9 4, 549,
«57; V. 28. p. 171.1
Somerset.—This road is leased to Maine Central.
South Carolina.— Receiver appointed Sept., 1817.
Gross earnings Oct. 1 to April i, i8*78 9, $H4^.35s;
operating expenses. $310,600; net earnings, $-339,358.
Sioux

inort.

proposal is made for concessions by 2d mortgage

bondholders. (V. 26, p. 217, 3t2, 393, 418, 423, 471;
Y. 27, p. 42, 25-3, SOI; V. 28, p. 555. 5:0.)
South & North Alabama.—Operated by Louisv. &
Nashv., which holds a majority of the stock, and
guarantees the bonds and holds $1,000,000 of 2d
mortg. bonds. Pref. stock, $2,000,000.
Southern of Long Island.— Sold in foreclosure of
2d mort., and subject to 1st mort., June 3, 1879. Re¬

....

800,000

1,050,000
3,552,000
7,548,000
6,459,000
1,800,000
1,600,000
1,300,000
1,500,000
250,000
1,609,000
1,384,000
650,000

680,000
36,762,300
27,231,000
27,236,512
13.639,000
6,884,000
2,121,000
1,600,000
1,600,000
20,190,400
5,669,000
2,000,000
1,846,000
1,800,000
154,000
119,548
1,700,000
866,000
5,000,000
100,000
676,005

187*0

1,000

i,ooo;ooo

75
168
75
87
98
73

1871

1,000

1,500,000
1,771,720
200,000

Missisquoi Railroad bonds

2d mortgage, consolidated
Equipment loans
Pt-an stead, S. <fc Cliambly bonds
Income and extension bonds (to

1862
1868

350,000
500,000
2,004,000

1,000
50

1869

399,000
400,000

1,000

....

.

-

3612

Vermont Central— 1st mortgage, consolidated

A

1,500,000
600,000
1,500,000
3,332,000
29,300,000
625,000
3,892,300

plain bonds

do
consol, mort. (siuk’g fund after 1880)
do
N. J. RR. & T. Co., 3d loan due State of N. J
Utah Central—stock
...
_ _
1st

ioo

750,000

1,000
100 &c.

500 (fee.

1875

....

3d

500 &c.

.

187*8
New mortgage bonds (for $1,000,000)
*218
Troy Union—1st mortgage, guaranteed, Troy City.
1,042
JJnxon Pacific—Stock
1,038

1,482,666
1,051,500
1,206,500
1,067,500
63,500
391,000

5,211,810

1873
1867
1869

_

5,819,275
-

5*00

1870

....

„

$500,000
1,240,000
450,000

100
Various
500

1868
1872
1866
1868

_

Amount

Outstanding

1,000

Convertible bonds

1st
2d

discovered in tbese Tables.

100

....

1868
1871

....

....

j

100

l

1871 1 500 (fee.
1871 j 500 (fee.
100 (fee.
1866
1866
100 (fee.
1866-9 500 &C.
100 (fee.
1867
1872
1,000

912.000

4,000,000

3,000,000
1,500,000
500,000
3,000,000
1,500,000

1,500,000
444,100

1,508,600

g.

g-

b

gggg-

3*2
7
7 g7
5
2

7:
7

3
7
4
7
7
7
6 g.
6 g7
7
7
7
7
7
O

7
7

*6*
1

*2

g6 g8
7
8 g6 g6

2*2
6
6
6
6
6
6
6
6
6
7

Whom.
N.

Stocks—Last
Dividend.

Y., Metropol. N. Bk
do

do

Nov.,

July,
Charleston,8.W.RR Bk

Q.-F.

Bonds—Princi -

pal, When Due,

May,

1901
1891
1871

London.
1878 to ’88
J. & J
1878 to ’88
New York.
J. & J.
Oct. 1, 1902
do
A. & O.
Charleston.
A. & O.
April, 1891
1880 and 1892
do
J. & J.
J. <fc J. N. Y., Drexel, M. & Co. Jan. 1, 1890
M. & N. London, Baring Bros.
M. & 8. N. Y., Gallatin Nat. B’k Mar. 1, 1887
F. & A. N. Y., Vermilye 6i Co.
Aug. 1, 1899
Mar. 1, 1882
do
M. & S.
do
M. & N.
May 1, 1900
1888
J. (fe J. lN -Y., Company’s Office.
A. & 0. N. Y., C. P. Huntington. April 1, 1905
Mar. 1, 1900
M. & S.
J. <fe D. Savannah,Cent.RR. Ga. June 20,1879
1886
Macon.
Various
Jan. 1, 1897
J. & J. Charleston(fe New York.
New York.
1885
J. & J.
J. & J. N Y., Central Pacific.
January, 1905
J. <fc D. N.Y., D. L.&W. RR. Co. August, 1879
do
do
J. (fe D.
June, 1887
do
do
A. & O.
Oct. 1, 1906
F. & A. Philadelphia & Boston. Aug. 16, 1876
Jau. 1,1904
J. & J. Boston, N. Y. (fe Phila.
JT & J. N.Y.,Farmers L.& T.Co. Aug. I, 1879
A. & 0.
do
do
July, 1879
1893
F. & A. New York, Co.’s Office. Aug* 1, 1905
M. & S. Phila., N.York (feLondon March 1, 1905
do
June 1, 1905
do
J. (fe D.
July. New York& Philad’phia Jan. 1, 1915
Feb. 1, 1896
F. & A. New York, Co.’s office.
Dec. 1, 1894
do
J. & D.
do
do
A. & O.
do
April 1, 1886
M. & N.
do
do
May 2, 1910
do
June 1, 1901
J. (fe D.
do
F. & A. Troy, Company’s Office. Aug. 1, 1878
1894
J. & J. N. Y., Nat. B’k of Com.
1882
do
do
M. & S.
■-

gggg-

6 g7
2
7
7
3
4
8
7
7
7
8
7

8

Georgia stock, but 7 per year mmranteed. “Tri¬
partite” bonds issued: see Central Georgia.
Sterling Mountain.—Cost of road and equipment,
$502,468. Net earnings 1872-3. $15,673.
Stockton & Copperopo'is.—\dotfiu\tc.d
and old bonds of $1,000,000 exchanged

M. & N
M. & N
J. & J

7 g8

7
7
6
8
6
7
7
7
7
7
6
7

Payable, and bv

Payable

Cent.

I6'

Where

When

Rate pei

July, 1874,
for preseut.

(V. 21, p. 159. 16:*, 316.)
Syracuse, Binghamton & New York.—Operated by
Del. L. & W., and bonds guar, by that Co. (V.
26, p. 316; V. 27. p. 568.)
Summit Branch.—I his is a coal road, and leases
Lykens Valley.
Net earnings in 1876, $151,665. (V.
25. p. 113.)
Terre Haute <t Indianap.—TXet earnings in 1874-5,
$371,713; in 1875-6, $355,955; in 1876-7, $344,403.
Leases bt. L. Yan. & T. H. at 30p.c. gross earnings.
Texas & New Orleans of 1874.—The company bias
a I’d gr.of 875,000 acres timber and agricultural lands.
Texas & Pacific.—Gross earnings, 1878-y, $2,13*,143; net, $738,630, against $882,871 in 1877-8. Of
old land bonds $1,064,000 are yet out, and $183,225
coupons.
(V. 26, p. 316; V. 27, p. 42, 149, 226.
384, 515, 568, 653; Y. 29, p. 171.)
Texas Western.—This narrow-gauge road is in
proirresB. (See V. 23, p. 49, 152, 526.)
Toledo, Peot'ia & Warsaw.—Passed into receiver’s
hands Feb., 1874.
Foreclosure pending. In 1876-7

organization in progress. (V'. 27, p. 85; V. 28, p. 530;
Y. 29. p. 19, 16.)
Southern Central.—Forms an extension into New
York Stitc for Lehigh Vadey, which company en¬
dorses $400,000 of second mortgage bonds.
Net
earnings 1878, $142,906.
South Iowa <fc Cedar Rapids.—In progress. Ot¬
tumwa to Cedar Rapids, la.
Southern Minnesota.—Sold under 2d mortgage and
re-organized March, 1677. There are yet out $220,000 net earnings were $56,415. (V. 26, p. 68, 316 , 575; V,
ok) »nt mort. 7s (pink), due 1884. Land grant is about 27, p. 69, 4^9, 515, 603; V. 28, p. 69, 429; V. 29, p. 68.)
Troy & Boston.—With leased roads forms a line
Net eainiDgs in 1878, $311,152,
1.790,000 acres.
against $296,666 in 1877. (V. 27, p. 67, 358, 515; V. from Troy, N.Y., to North Adams, Mass. In 1877-78,
gross earnings were $560,343; net, .$274,747. There
28. p.451.)
Southern Pacific {Cal.)—This road is leased to are $119,000 of old 1st and 2d mortgage bonds yet
Central Pacific. The bonds are in senes A, B, C and outsiandine. (V. 28, p. 119.)
T. oy Union— A short road in Troy city. Bonds
D, of which “ A” includes $15,000,000. Proceeds of
land sales go to pay bonds. The land fp-ant is 12,830 issued by city and guaranteed by several roads.
Union Pacific.—Gross earnings in 1878 (including
acres per mile.
The stock paid in is $36,763,900. In
*76-7 tne gross earnings were $3,553,005 and net earn¬ Omaha Bridge) weie $13,121,272, against $12,473,203
ings, $1,628,830. (V. 26, p. 209,316; Y. 27, p. 321,409 ) in 1677, and $12,886,858 in 1876; net earnings.
Southern Pennsylvania.—Re-organized in 1872 $7,744,686, against $7,139,782 in 1877, and $7,618,647
after foreclosure under 2d mortgage. The road is in 187*. In 1878 the funding bill was passed in
Congress; an important contract was made with
leased by Cumberland Valley.
Southwestern Georgia.—Leased to Central Georgia. Kansas Pacific; the July dividend was passed. Land
£tvulenda 8 A year to every 10 peg cent on Central sales during 1878,318,903 acres, for $1,557,082, Land




[VOL. XXIX,

Immediate notice of any errors

....

Sterling Mountain (N. T.)—1st mortgage
Stockton it Copperopolis—1st mort., (guar, by C. P.)
Syracuse Binghamton cC- N. Y.—Stock
2d mortgage (now first)
Consol, mortgage (guar. D. L. & W.)
Summit Branch (Pa.)—Stock
1st mortgage bonds
Terre Haute d* Indianapolis—Stock

Troy

*

I’d granl

Somerset—1st,

1st

BONDS

INTEREST OR DIVIDENDS

DESCRIPTION.
For

AiND

o

•

.

Q-j.

New York and Boston.
July 1, 1879
1896 to 1899
do
do
U.8. Treas., at maturity.
M. (fe S. New York and Boston. Mch. 1, 1894
1887
A. & O. New York and Boston.
A. & O. London, L. & S. Fr. Bk.
April, 1896
M. & N. N. Y., Company’s Office. May 1, 1895
U.S. Treas., at maturity. 1896, ’97, ’98
Q.-J. Phila. and N. Y. Offices. July 10, 1879
Mch. 1, 1901
M. & S.
Philadelphia, Office.
do
A. & O.
Oct. 1, 1894
do
Mch. 1, 1894
M. & 8.
London.
Mch. 1, 1894
do
M. (fe 8.
Feb. 1, 1888
F. & A.
Philadelphia.
London.
F. (fe A.
1880
Feb. 1, 1883
F. & A.
Philadelphia Office.
Jan. 1, 1889
J. & D.
Princeton, N. J.
Nov. 1, 1889
M. (fe N.
Philadelphia Office.
Overdue.
A. & O. N. Y., B’k of Commerce.
11 p. e., 1876-7
Salt Lake City.
Jan. if 1890
J. & J.
N. Y., Kountze Bros.
J. & J.
July 1, 1891
M. & 8.
Utica.
Sept. 28, 1878
J. & J.
Utica and New York.
July, 1878
do
do *
J. (fe J.
July, 1891
M, (fe N. N. Y., D. L. & W. RR.
May 1, 1879
J. & D. Boston, E. Blake <fc Co. June 1, 1872
J. & J. Boston,Nat.Bk.of Redm July 1, 1891
Jan. 1, 1891
I. & J. Boston, Globe Nat. Bk.
M. (fe N. Boston,Nat.Bk of Redm Nov. 1, 1886
do
do
1891
J. & D.
do
M. (fe N.
do
1876 to 1889
do
J. & J.
do
Jan. 1, 1887
do
1902
do
M. & N.
J.

& J.

....

....

contracts outstanding and cash, January 1, 1879
$4,184,214. (V.-27, p. 42, 96,97. 122, 149, 193, 229,
253. 274, 384, 480, 629; V. 28, d. 44, 70, 121, 147, 200l
2 52, 328, 429, 477, 495, £55.)

Union. Pacific Central Branch.—Formerly the
Atchison & Pike’s Peak. ‘'Interest in default since
November, 1873. Gross earnings 1875-76, $114,414expenses, $131,SCO.
(V. 27, p. 96, 253, 274, 539; V.
29, p. 454, 477, 553; V. 2 ). p. 95.)
United New Jersey Railroad & Canal Companies.—
Leased to Pennsylvania Railroad, October" 20, 1871,
at 10 per cent on stock and assumption of all lia¬
bilities. In 1877 the gross earnings were $8,960,696;
net income, $2,954,521, leaving a deficit for lessees
of $1,433.1(8 after paying interest and dividends.

(V. 24, p. 516; V. 25, p. 349, 433, 458, 476; V. 26, p.

215,304.)

,

Utah Central.—Salt Lake to

Ogden. In year end¬
ing April 30, 1877, net earnings were $270,862, and
dividends amounting to 11 per cent were paid.
Utah Southern.—Gross earnings 1877, $278,652.
net, $140,731. Stock is $1,500,000.
Utica

&

Black

River.— Gross

receipts

1877-8,

$453,144; net earnings, $238,000. (V. 26, p. 141;
Y. 27, p. 124; V. 28, p. 96.)
Utica Chenango db Susquehanna Valley.— Road is

leased to Del Lack. & West. Railroad at 6 per cent
per annum on stock.
Valley (Va.).—This road was built chiefly by sub¬

scription of Balt. & Ohio RR., Baltimore city, and
Virginia counties. Operation of the road by Balti¬
more & Ohio was discontinued, and temporary lease
made to Shenandoah Valley Railroad.
(V. 20, p. 16
453; V. 21, p. 396; Y. 22, p. 463, 559, 591, 607.)
Vermont dk Canada.—Under lease to Vermont
Central. (V. 24, p. 421, 566; V. 25, p. 476, 641.)
Vermont Central.—In 1872 the

Company went to
Interest, and has since been in numerous
complications. A new corporation under the name
of Central Vermont was formed, with $2,000,000
paid-up capital, and assumed obligations of the old
Vermont Central. Foreclosure pending on 2d mortcaire.
(V. 22, p. 110, 539; V. 23, p. 40, 370, 623; V.
24, p. 413, 566; V. 25, p. 431.)
default

on

August 30,

KAIJLROAD STOCKS AND BONDS.

1879.]

giving immediate notice oi any error discovered In th?se Tables.

Subscribers will confer a great favor by

INTEREST OR DIVIDENDS.

DESCRIPTION.

Miles Date Size, or
Par
of
of
For explanation of column headings, Sic., see notes
Road. Bonds. Value.
at the head of first page of tables.

77

fund $7,000 per year)

Vicksburg <£• Meridian— 1st series (red endorsed)....
2d series (blue endorsed)
3d
do (black endorsed)
4th do (not endorsed)

140
140

140
140

Special loan, funding mortgage
Wabash—Stock
Z
_Z. /_
1st mortgage (Toledo & Illinois)
1st mortgage (Lake Erie, Wabash *& St. Louis)
1st mortgage (Great Western of 1859)
1st mortgage (Quincy & Toledo)
1st mortgage (Illinois & Southern Iowa)
2d mortgage (Toledo & Wabash)
2d mortgage (Wabash & Western)
2d mortgage (Great Western of 1859)
Consol, mort., (on all but Decatur & E. St. L.)
1st mortgage, (Decatur & East St. Louis)
Funded debt bonds (secured by deposit of coups.)
New mort., gold($2,000,000), s.f.$25,000 after ’82
Warren (N.J.)—Stock
—

2d mortgage
1st consol, mortgage

Washington City, Va. Mid. <& Gt. Southern—Stock...
1st mortgage, 0.& A., and funded interest
2d mortgage, O. & A.,
do
do
3d mortgage, O. & A.,
do
do

049
75
167
180
33
29
75
167
180
490
109
•

•

•

•

...

18
18
18
310
....

....

336

65*2

Western

....

....

guar., coup

Maryland— 1st mort., endorsed Balt. City..

1st mortgage,

unendorsed
do
endorsed by Baltimore
2d
2d
do
endorsed by Wasnington County
2d preferred mortgage, unendorseef
3d mortgage, guaranteed by Baltimore
4th
do
for Baltimore City stock
Western Pennsylvania—1st mortgage
1st mortgage, Pittsburg Branca

..

General mortgage
Williamston A Tarboro— 1st mortgage

1,000
500 &c.

1,000
1,000
100 &c.
100 &e.

....

1855
1858
1860
1867

1873
1871
....

27

1871

128
60
38
63

1861
1866
1869

....

i;ooo

„

„

^

1873
1866
1868
1870
1858
....

1867
1868
1870
1872
1863
1865

„

4

Wilmington, Columbia A Augusta— 1st mortgage...

188

Wilmington A Weldon—Stock
Sterling bonds

179
179

1870
1870

do

SOOiOOO

1,000

2,500,000
2,610.000
2,700,000
2,893,000
1,000,000

100

1,800,000

3*2

750,000
600,000
2,692,539

7

500 &c.

....

....

100
....

....

....

....

....

.

500 &c.
....

100 &c.
50
500 &c.
500 &c.
500 &c.

1,000
....

....

m

m

m

m

....

....

....

..

....

1,000
500 &c.
100 &c.

1,500,000

..

500 &c.

7
7
4 & 7
7 g.

7
.

.

6

1,657,652
817,800
1,200,000
1,650,000
133,050
1,000,000
1,310,000

6
8

821,300
1,100,000
1,359,750
400,000
1,000,000

1,000,000
500,000
782,000
300,000
600,000

1,200,000
200,000
400,000
300,000
300,000
600,000
875,000
1,000,000
800,000
1,000,000
350,000
3,200.000

8
7
7
7 g.
6
3
7
3
6
6
7
7
10

8
8
8
6
6
6
6
6

6
6
6
6
7
8
7

327
94
-

»

-

*

48
48

1871

1873
1875

ioo
....

.

1874

500 &c.

1,456^200
6-18,700
221,400
749,000
8,168,000

1,789,800
350,000
250,000
400,000
1,185,000
700,000

3
6 g7 g.
7 a.
<1 ^

7 g2

6 & 7
7
7

1*2
6

Vermont A Massachusetts.—This road is leased to
the Fitchburg RR. Co. for 999 years, from Jan. 1,
1874, for interest on the debt and 5 per cent on stock
till 1880, and 6 per cent for tne remainder of the
lease, exclusive of all taxes.

receiver in July. 1876. Interest in default, but re¬
ceiver ordered to make certain payments.
Full
statement of liabilities and condition of litigation
in V. 28, p. 70. (V. 27, p. 332, 437; V. 28, p. 70, 147,
555; V. 29. p. 19, 68, 96.)

Vicksburg A Meridian.—Net earnings 1878-9,
$70,314, against $123,364 in 1877-8.
The only

Westchester A Philadelphia.—Gross earnings, 187677, *332.274; net, $112,964. (V. 22, p. 304; V. 24,
p. 62; V. 26, p. 116.)

paid since April, 1876, were those matur¬
ing January, 1878, and the special loan coupons of
January, 1877. (V. 27, p. 67; V. 29, p. 95.)
Wabash.—To be consolidated

with

St.

Louis

Kan. City & Northern. There is a debt of $560,000
due the Equipment Company, payable $56,000 per
year. The “Scney” mort. WoS for $1,000,000, pay¬
able $200,000 per year. Of the funded debt bonds,
$2,025,000 carry 5 per cent in 1879-80 and 6

8er
cent thereafter;
the balance
are 7 gross
per cents.
iperatioDS
for 1873 showed
$4,998,371
earn¬
ings,

The company
balance sheet in its annual report, the

and net earnings of $1,523,426.

gives no

"actual financial status being thus unknown.

(Y.

26, p. 2 1 5, 445, 471, 496, 524, 549, 592, 626; V. 27,
p. 17. 68, 437, 515, 540, 563; V. 28, p. 200, 224, 350,
354,402, 429, 495, 554, 600, 617; V. 29, p. 19, 42, 86,
121, 171.)
Warren (N. J.).—Leased to Delaware, Lackawanna
& Western at 7 per cent on stock and bonds.
earnings in 1875, $241,056.

Washington City, Virginia

Net

Midland A Great South¬

ern.—Gross earnings year ending Sept. 30, 1878,
$1,218,017; expenses, $803,0^0; net earnings, $415,117.
'The company has been assisted by Balt. & O.
The

president, Mr. John S. Barbour, was appointed




Payable, and by

Y., Metropolitan B’k.

& A.
& N.
& A.
& N.

& N.
& N.

&
&
&
&

Stocks—Last
Dividend.

O.
Boston, Office.
April 7, 1879
J.
do
do
July 1, 1883
J.
do
do
July 1, 1885*
J. Phila , Girard Nat. B’k. Jan. 1, 1890
J.
uo
do
Jan. 1, 1890
J.
do
do
Jan. 1, 1890
0.
do
do
Jan. 1, 1890
J.
do
do
1880

& A. N.
& A.

&
&

pal, When Due..

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

do
do
do
do
do
do

do
do
do

do
do
do
do
do

do

Nov/1, 1890

do
do

Aug. 1, 1882
Nov. 1, 1878
Nov. 1, 1878

do

May 1, 1893
Feb., 1907
Aug., 1889

do
do
do
do

N.Y., Del., L. & W. RR.
do
do

Aug. 1, 1890
Aug. 1, 1890
Aug., 1888

do
do

Feb. 1, 1907
April 1, 1900
April, ) 879

1900
1905

....

M. & N. Balt., R. Garrett & Sons
do
J. & J.
do
M. & N.
do
do
M. & S.
do
do
do
J. & J.
do
J. & J.
do
do
M. & N.
do
do
A. & 0.
do
do
J. Si J.
Philadelphia, Office.
A. & O.
do
do
F. & A. Phila.. Pa.RR.Co. Office
M. & S.
do
do
J. & J.
do
do
A. & 0.
do
do

Nov. 1,

1860
1, 1875
May 1, 1873
Sept. 1, 1880
July 1, 1880
July 1, 188£
May 1, 1903
April 1, 1896
July, 1879
April 1, 1891
Aug. 15, 1877"
Mcli., 1883
Jan., 1896
Jan.

Oct..

1890

*

Q-J.
J.
A.
A.
J.
J.
J.
J.
J.
J.
J.

&
&
&
<fe
<fc
&
&
&
<fc
&
A. &
J. &
A. &.
M. &
J. &

v

Atlanta, Co.’s Office.

J. New York & Savannah.
do
O.
do
do
O.
do
J. Balt., N. Mechanics’ B’k
do
J.
do
do
J.
do
J.
Hagerstown.
J. Balt.,N. Mechanics’ B’k
J.
do
do
do
J.
do
O.
Philadelphia, Office.
do
J.
do
O.
do
do
N. New York, J.M Pickrell

Oct. ’79 to ’91
July. 1881
Oct. 1, 1888
Oct. 1, 1890*
Jan. 1, 1890
Jan. 1, 1890

Jan., 1890
Jan., 1890
Jan., 1895
Jan., 1900
Jan., 1902
April 1, 1893
Jan. 1, 1890
Oct. 1, 1901
May 1, 1900
D. Balt., Safe Deposit Co.
June, 1900

600,000

....

coupons

F.
F.
A.
A.
A.
M.

Bonds—Princi¬

.

Whom.

Q.-F.

.

525,070

1,200.000
.

100

do

Wisconsin Central—IsT mortgage, gold, land grant.
Worcester A Nashua—Stock
Bonds ($125,000 are 7 per cents)
Bonds
Bonds
Nashua & Rochester—Stock
1st m., guar, (for $700,000)
do
do

7
7
7
7
7
7

2,495,000
500,000

1,000
1,000
1,000

income bonds

Sinking fund bonds, gold

F.
F.
F.
M.
F.
M.
M.
M.

7
7

1,000,000

.i

.

900|000

Where

Payable
&
&
&
&
&
&
A. &
J. &

8

2,500.000

When

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

3
6
7
7
7
7
7

250 &c.
100 &c.

41

138
116
44
160
90
90
90
90
90
90
90
57
28

Rate pel*
Cent.

$2,860,000
550,000
150,000
703,500
850,000
145,000
1,180,600
217,400
16,000,000

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

1871
....

Lynchburg & Danville, 1st mort.,

Cape May & Millville
Western <& 'Atlantic (Ga)—Income bonds
Western (Ala.)—1st mortgage (Mont. & W. P.)
Western RR. bonds, before consolidation
2d mort.. guar, by Cent, of Ga. and Ga. RR. &B. Co.

1853
1853
1863
1865
1862
1858
1858
1859
1867
1869
1877
1879
1855
1870
1875

100 &c.

r

4th mortgage, O. & A.,
do
do
1st mortgage, O. A. & M. RR
2d mortgage. O. A. & M. liR
Gen. mort., gold, Wash. G\, Va. Mid. & Gt. Soutli’n
Westchester <6 Philadelphia—Preferred stock
1st mortgage, new
.=•
West Jersey—Stock
Loan of 1883, guaranteed by Camden & Amboy..
1st mortgage loan
do
consolidated
1st

1865
1872
1866
1866
1866
1866
1871

Outstanding

,

1st mortgage (sinking
Convertible bonds

$100

80

Vermont <£ Massachusetts—Stock

Amount

J. & D.
Nov. 30, 1878*
J. <fc J.
London.
1881
M. & N.
do
1886
J. & J. N.Y.,Bo8t.,Loud.,Frank
1896
J. & J.
Boston, Office.
July 1, 1901
J. & J.
Worcester, Office.
July 1, 1876*
Various
do
do
1881 & 1887
A. & O. Boat., Globe Nat. Bank. April 1, 1893
F. & A.
do
do
Feb. 1, 1895
A. & O.
Worcester, Office.
April, 1879
A. & O. Bost., Globe Nat. Bank. April 1, 1894

Wil’iamston A

Tarboro.—Road in progress.

recent financial information.

Wilmington

Columbia

A

earnings were $116,633 net.
of indebtedness for $336,000.
made June, 1879. (V. 22, p.
V. 27, p. 68, 438.)

Augusta.—In
There

No

1875-6

certificates
Decree of foreclosure
are

15; V. 26,

p.

368, 393;

Wilmington A Weldon.—Formerly leased to Wil¬
Jersey.—Gross earnings, 1878, $503,283; ex¬
$305,826; net, $197,456. Net profit above mington, Columbia & Augusta road, but in Dec.
interest and rentals, $6,241.
(Y. 24, d. 249; Y. 1377, default was made by lessee and property
reverted. In 187-8 gross receipts were $487,815;
26, p. 263.)
West
penses,

Western tft Atlantic—This road is owned by State
of Georgia, and leased at $300,000 per annum.
Lessees nave issued the income bonds. (V. 22, p.

1.36.)
Western Alabama.—Sold in foreclosure, April 19,
1875. and bought by Central Ga. and Georgia Rail¬
roads, for whose account it is operated. (V. 20, p.

398, 405, 445; V. 25, p. 456.)
Western Maryland.—This company was
sisted

144.)

(V. 26,

p.

68, 420, 496; V. 28, p. 44,

Wisconsin Central.—Of the above bonds, $1,360,*

000 are “ unfunded,” bearing coupons of Juty, 1875,
and since; $1,579,(00 have funded nine coupons,

including July, 1879; $3,214,000
bonds, first coupon due Jan., 1881;

are

“clipped”

$15,003 are par*
tially “clipped” bonds, issued by mistake, with

of July, 1880, on. In year ending Sept. 30,
1876, net earnings, $297,733. Paid rent of Mil. So
RR., leased, $167,404. Land grant is over
800,000 acres. The Philips & Colby Construction
Company operating this road became embarrassed
coupon

largely as¬

by the city of Baltimore, which has also

bought its overdue coupons. Proposition to bond holders, V. 28, p. 121.
Annual report for last fiscal

September 30 1878, showed gross receipts,
$347,201; expenses, $217,275; net receipts, $129,026.
(V. 26, p. 84, 471; V. 27, p. 406, 678; V. 23, p. 97,
121, 147, 474.)

year, to

net, $175,645.

Nortnern

in Dec. 1677.

1873.

Foreclosure suit

18; V. 27, p.
29, p. 147.)

p.

begun September,
(V. 26,
358, 375, 480; Y. 23, p. 18, 70; V*

Trustees took possession Jan., 1879.

Worcester A Nashua.—Guarantees the stock and
Pennsylvania.—The Pennsylvania RR..
$972,650 stock out of the total amount bonds of Nashua & Rochester, leased. Interest to
>f $1,022,450, $148,000 of branch bonds, and ill of be reduced to 5 per c-nt. For year ending Septem¬
£1*200,000 general mortgage bonds; net earnings ber 30, 1878, net income was $83,060. (V. 25. p,
430; V. 27, p. 537; V. 28, p. 878; V.29,p.86.)
1876, $225,498. (Y. 22, p. 206.)
Western

essee, owns

r

CANAL STOCKS AND BONDS,

XXX

[Vol. XXIX.
a.

Subscribers will confer a great favor

toy giving immediate notice of any error

DESCRIPTION.

Date
of
of
Canal. Bonds.

Miles

JPor explanation of column headings, &c., see
at the head of first page of tables.

notes

14
14

*Chesapeake tC Delaware—Stock
1st mortgage (originally $2,800,000)
Chesapeake (6 Ohio—Stoek

Size,

or
Amount
Rate per
Par
Cent.
Value. Outstanding

$50
1856

Vario’s
25

•Guaranteed sterling loan
Bonds having next preference
60
60

Delaware Division—Stock, (Couv.iuto L.C.<fcN.stck.)
1st mortgage (extended 20 years in 1878)
.Delaware <£• Hudson—Stock
1st mortgage extended
1st mortgage, registered
do
do
Debenture loan of 1894, coup
1st M., coup. & reg., on Penn.

148

and

reg

....

....

153

railroad

....

....

....

....

.

...

....

1,633,350
800,000

100

20,000,000
1,482,000
3,500,000
6,482,000
4,856,000
5,000,000
11,193,550
771,000
5,381,963
2,000,000
4,658,500
508,520
41,550
2,119,259

•

_

.

...

*

1872
1871
1872

.

•

•

.

83
103
103
103
103

_.

Preferred stock scrip dividend

*

Preferred stock
#lst mortgage, extended
2d mortgage

& R.)

.

.

.

....

....

50
100
100

.

1876
1865
1869
1870

various.
various.
50

1,000
50
50

....

....

....

....

....

....

....

....

1870

....

1863
1864

1,000

1,000
....

....

*

bonds of 1872
85

Union—1st mortgage

....

....

6
70c,

909,236

When

-

J. & D.
J. & J.

Q- J.
Q-J.

Stocks—Last
Dividend.

Whom.

June, 1873

Philadelphia, Office.
do

do

July, 1886

J.
J.
J.
J.
F.
J.
F.
F.
A.
A.
F.

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

J.
J.
J.
J.
M.

&
&
&
&
&

gold loan due 1897, and leases the Lehigh &
Susquehanna Railroad.
The Lehigh & WilkesBarre Coal Co. assumes $500,000 of the gold loan
on stock, payable till Feb., 1830, inclusive, in scrip,
due 1897, and $771,000 (all) of the convertible gold
then till Aug., 1881, half in scrip. (V. 28, p. 41, 198.) loan due 1894, and has also leased the coal lands
Del. <k Hudson Canal.—This Co., which is among of the company. (V. 22, p. 2 79; V. 24, p. 247,
t he largest miners and carriers of coal, leases the Alb. 445; V. 25, p. 432; Y. 28, p. 198 , 224, 578.)
& Susq. and Renss. & Sar. Railroads. Also endorses
Monongahela Navigation Company.—Receipts,
fljondsof N. Y. & Canada RR. Annual report, 1878, 1875, $196,576; expenses, $80,487; dividends, $90,387.
V\ 28, p. 501,
(V. 20, p. 208, 242, 495, 564, 574,
Horris.—Leased April, 1871, to Lehigh Valley Rail¬
•999; V. 27, p. 602, 628; V. 28, p. 453, 501; V. 29, p.
road for 999 years.
The lessees assume bonds and
a 19, 146.)
the

Delaware Div.—Leased to Lehigh Coal & Naviga¬
tion Co., at interest on bonds, ana i per cent a year

do
do

do

•
do
& D.
& D.
do
do
do
do
& D.
do
do
& D.
& A.
do
do
& J.
Pittsburg, Office.
& A. Leh. Val.RR. Co., Pliila
& A.
do
do
& O.
do
do
& O.
do
do
& A.
do
do

6
6
6
7
6

Lehigh Coal & Navigation.—Gross receipts in 1878,

do
do
do
do

Q-J.
Q-F.

& J.
& J.

$969,252; expenses and int.; $1,32*\113; excess of
the latter, $355,860.
The Central R.R. of N. J.
assumes (in purchase of equipment), $2,310,000 of

Philadelphia, Office.

S.

J.
J.
M.
M.
M.

3,000,000

1890
1885

Q-M.

M. &

6
6
6
6
6
7

1,000,000
1,320,000
325,310
250,000

1*870

London.

&
&
&
&
&
&

$1 40

1,200,000

Balt., A. Brown & Sons.

J. Balt., A. Brown & Sons.
A.
Philadelphia, Office.
do
do
J.
A. N. Y., Bk. of Commerce.
N.
do
do
do
do
J.
do
do
J. & J.
A. & O. N. Y., office 71 B’way.
do
do
M. & S.
J.
F.
J.
F.
M.
J.

1,709,380
3,990,392

DANIEL A.

Where Payable, and by

Payable

3,175,900

2,002,746

....

7
7

4,480,405
3,000,000

50
....

4
2
5
7

780,000
220,000
103,164

260,000
756,650
628,100

1839
1859
1841-4
1872

1*2
6 g.
6
6
o g.
6
6
7
7

1,175,000

1,000
1,000
1,000

45

SiLaqnehatina.—Stoek .
Maryland loan, 2d mortgage
•Susquehanna Canal, common bonds, 3d mort
do
pref., 3d. T. W. priority b’ds..

6
5
6
2s.
6
4
7
7
7
7
7

717,000
1,004,300
1,025,000

1,000

....

Boat and car loan
Boat and car loan

Chesapeake <t
Delaware City to Chesag>eake City, Md. (V. 27, p. 66).
Chesapeake <& Ohio.— Gross receipts, 1878, $289,457;
net, $82,525. (V. 28, p. 599.)

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

....

327
327
108

guar’d by Penn. RR—

Mortgage bonds, coup, (payable by P.
Improvement bonds

1000&C.
50

.

(for $1,000,000)

Schuylkill Navigation—Stock, common

1,000

....

.

Preferred stock

do

Bonds—Princi¬

pal, When Due.

•

8,229,594
2,000,000
4,375,000
1,699,500

50

1,000
1,000

....

....

....

Extended, 1877
Motumgahela Navigation Co.—Stock
J/orru^-Stock, consolidated

General mortg., interest

1869
1871
1874
1877

3
6

$2,078,038
1,993,750

1,000

....

Consolidated mortgage loan
Greenwood mortgage, reg.

^Pennsylvania—Stnr.k

....

148

Mort. loan, g. ($2,310,000 assumed C. RR. of N. J.)
.Loan
:Loan extension, convertible till December, 1877.

New mortgage
Boat loan

....

1858

148

Div. ($10,000,000)
Ijchigh Coal c6 Navigation—Stock
Loan, conv., coup., gold (assumed L. & W. Coal Co)
1st mortgage, registered
1st mortgage, registered,

discovered In lUese Tables.

INTEREST OR DIVIDENDS.

Philadelphia, Office.
Philadelphia, Office.
do
do
do
do
do
do
do

Q. -M.

& N.
& N.
& N.

do

J.
N

-

July 1,1898
Aug. 1, 1876
Nov. 1.1891
1884

1891
1S94

Sept. 1, 1917

Sept. 2, 1876
1894
1884
1897
1897

79- 80-’81-'82
1882
June 1,1911
1892

0)
Feb. 4, 1879
Feb. 4, 1879

April 1, 1906
Oct., 1885
Feb., 1889
July, i910
Aug. 6, 1879
Aug. 6, 1879
March, 1897

do
do
do
do

1882 to 1907
1895

do
do

May, 1913
May, 1915

Phila. and Baltimore.
do
do
do
do
do
do

J.
J.
J.

Feb. 4,1879

Philadelphia, Office,

May, 1880

Jan.,

i.885

Jan. 1,1878

Jan., 1894
Jan., 1902
May 1,1883

scrip, and pay 10 per cent per annum on preferred
stock, and 4 on consolidated stock. (V. 12. p. 714).

Pennsylvania Canal.—Worked in interest of Penn.

RR. which guarantees

interest on bonds.

An old

mortgage of $90,000 is due in 1887.

Schuylkill Navigation Company.—Leased from
18*70, to Philadelphia & Reading for 999
years, at annual rent of $655,000, including certain
real and personal property conveyed to Philadelphia
& Reading. The dividend of August, 1879, was pay¬
able in Phil. & Reading RR. scrip. (V. 22, p. 493:
V. 26, p. 418.)
Susquehanna & Tide Water.—Leased and operated
by Philadelphia & Reading Railroad for interest on
bonds and half of net earnings.
Union Canal.—Stock, $2,907,850.
June 1,

MORAN,

(Member of the New. York Stock Exchange.)

Manhattan Bank

40 Wall Street, New York.

Building,

DEALER

First-Class

IN

Railroad, State, City and County Bonds.
THE

UNITED

VARIOUS

STATES
BOUGHT

ISSUES

OF

BONDS

GOVERNMENT
SOLD.

AND

{*■

'

P.

COUPONS




AND

DIVIDENDS

CORRESPONDENCE

COLLECTED,

SOLICITED.

ETO.

August

MISCELLANEOUS

30, 1879.]

Subscribers will confer

explanation of column headings, &c.,
notes at the head of first page of tables.

see

Date of
Bonds.

Size

Par

•

•

•

....

....

1874

500 &c.
500 &c.
100

1,000
1,000

•

•

•

^

1,000
100
100
100

•

.

1875

Ontario Silver Min ing— Stock

Pacific Mail Steamship Company—Stock

....

1861

Producers’ Consolidated L'd <£ Petroleum- -Stock
Pullman Palace Car—Stock

1878

sterling debenture, convertible

1875

....

....

298,000

....

....

432,000

....

....

_

100
100

25

....

50

....

1,000

1878
1873

Mortgage bonds (for $2,000,000)

1879

United States Express—Stock
United States Rolling Stock—Stock

.

Western Union Telegraph—Stock
Real estate bonds, gold, sinking fund

.

.

....

100
100

_

....

Bonds,coup or reg.,conv.till May,’85, s.f.lp.c.
Sterling bonds, coup. (s. f. lp.c. per annum)..

Company.—A reference to the

of Dinsmore and others in V. 19, p. 270.

American Coal.—The report for

1876 showed gross
(/. 22, p. 180; V.

2ig
7
6
6
8
1

1872
1875

1,000
1,000

1875

£100&c

.

17.

Atlantic A Pacific Telegraph.—Pools with West¬
Union their gross receipts on the basis of 87>£
to the W.U. and 12)£ per cent to A. & P. Expenses

arranged at 13* 14)^ per cent to Atl. & Pac.
86’85i4 to Western Union. (V. *26, p. 3J4, 436,
469, 521; V. 27, p. 280, 627: V. 28, p. 452.)
were

and

Water Power Co.—Annual report in V. 24.

111. 396; V. 27, p. 121; Y. 29, p.

Canton Improvement Co.—The annual lepoit for

ending May 31, 18‘.9, is in V. 29, p. 65. Of the
$2,500,000 mortgage $6 JO,000 is reserved to pay ster¬
year

ling loan. The Company owns the stock of the
Union Railroad

Comp my and guarantees its bonds.
14; V. 29. p. 65.)

Consolidation Coal—Annual report for 1878 in V.

28, p. 3)1, showing gross

receipts, $1,563,803; ex¬
penses, $1,209,283; net, $354,525. Consol, mortgage
oonds are held to retire old bonds. Guarantees also
bonds of the Cumberland & Penn., and assumes

(V. 26,

p.

262;

E.
34

1. 1879
10, 1877

Sent.

New York.

Boston, Office.

June 30, 1879
Nov. 12, 1872

do

June, 1884

& D.

J.
J.
J.
M.
M.
J.
J.
A.
M.

<fc
&
&
&
&
&

J.
J.
J.
N.
S.
J.
& J.
& 0.
& N.

London, Brown, 8. & Co
New York

or

Jan.
Jan.

London.

1, 1904
1, 1904

1*900

London.

N.Y.,Co.’s Office, 71B’y.

Jail.

2, 1877
Jan., 1885

do
do
do
do
New York, Office.

Jan. 1, 1897
Oct. 15, 1875

Y., at Ill. Cent. RP..
Boston, Treas.’ Office.

Feb. 1, 1879

N.

Nov., 1893

....

.

....

J

....

1^

J

OL

•

New York.

•

....

St. Louis.

....

3
3
7

Jan.
Jan.

....

N.

Q.-F.

1876

Y., Ill Broadway.

(?)
Aug. 1, 1881

Y., 4tli National Bk.

June i, i892
June 1, 1892
1877

F. & A.

....

i, i886
31,

3ept., 1868

....

do

do

....

7
7
6
2
8

J.
J.

<fc D.
& D.

Q.-J.
Q.-F.

M. & N.
F. & A.

8
8

Q.-F.

7

7 g.

A. & O.
A. & O.

N.

New York, Office.
N. Y., Farm L. & T. Co.
do
do
'
do
do
do
do
do
do

Aug. 15, 1879
May 15, 1881
Feb. 15, 1887

London, J. S. Morgan & Co.

Aug. 15, 1892
Oct. 15, 188S

April 1, 1885

....

....

....

2*2
3^
7
9 g-

18,920,000
600,000
7,000,000
5,000,000
5,000,000
41,050,000
1,373,000
3,920,000
981,234

A.
J.
A.
J.

&
&
&
&

O.
D.

0.
J.

N.Y.-, West. Union Tel.
N. Y., Company’s Office.
New York and Loudon.

Lond.,J. S.Morgan & Co.

....

....

....

M. & S.
J. & J.

17s&l^
7 g.

rv

#

6 g.

$772,& 5, and dividends 4^2 per cent.
519.)

Q.-J.
M. & N.
M. & N.
M. & S.

(V. 26,

Mariposa Land & Mining Co.—Assessments made

the shares from time to time. (V. 23, p. 112, 329;
V. 24, p. 128; V. 25, p. 358; V. 26, p. 290.)

Maryland Coal—Balance sheet, V. 24,

p.

226;

V. 26, p. 95.

Pacific Mail Steamship Co.—Report for !878-7, V.
28, p. 552. (V. 26, p. 217, 523, 5 4 7, 625, 65 I; Y. 27,
p. 68, 229, 384, 62S, 653; Y. 28, p. 42, 97, 402, 552,

554. 5S0.)

Pennsylvania Coal— Liabilities at a minimum and
dividends are paid.
Pennsylvania Anthracite Coal.—Stock and bonds
admitted to N. Y. Stock Hoard Feb., 1877. Com¬
pany failed February, 1879. (V. 21, p. 112.)
Pullman
Palace
Car Company—The staling
bunds of 1875, of which the whole issue authorized
is $1,000,000, are convertible into stock from April
1, 1878, to April 1, 1881. (V. 23, p. 402; V. 25, p.
308; V. 26, p. 217; V. 27, d. 302; V. 28, p.

200.)

Quicksilver Mining Company— Bonds paid off
1879. (V. 2*2, p. 233, 303; V. 24, p. 507; Y. 25,
15, 358; Y. 27, p. 223.)

Jufy,

i879

April,

June 10, 1879

April 1, 1928
Jan. 1, 1888

,t

....

1
2
4

on

p.

June 1, 1879-

July

•

Q.-F.

were

p.

Y., Company’s Office.

N. Y., Company’s Office.
New York, Office.

....

....

_

•

Iowa Railroad Land Co.—This company manages
the land grants of five distinct organizations. The
total lan 1 owned was 530,217 acres, March 31,1877.
In 1816-7, 84,032 acres were sold for $576,816, and
601 town lots for $62,932.
The cash culiecions
p.

ern

No.

100

....

Wells, Fargo <6 Company Express—Stock

V. 28, p. 301.)

....

....

6
6 g-

.

•

S.

When Due.
Stocks— Last Divi¬
dend.

....

6 g.

1,000,000j

£200
10

Bonds—Principal,

Where Payable, and by
Whom.

N.

& J.

M. &

.

6 g.

1,000,000
218,000
5,708,700
4,291,300
948,000
1.500,000
5,000,000

£100

.

....

$1:35,000 Un. Mining Co. bonds.

J.

J.

.

816,000

....

....

Sutro Tunnel—Stock

(V. 27, p.

....

1,000
1,000

2d series
3d series
4tli series
debenture

Spr’g Mountain Goal—Stock,guar.7 p.c.by L.V.
St. Louis Bridge—1st mortgage, new, s. r
St. Louis Tunnel RR.—1st mort., sterling, s. f.

5,938,200

....

1872
1872
....

Preferred stock
Southern <& Atlantic Tel.—Guaranteed stock

100

....

....

Quicksilver Mining Company—Common stock..

100

100
100
50

....

Pennsylvania Coal—Stock
1st mortgage bonds
Pennsylvania Anthracite Coal— Stock
1st mortgage (east side) bonds on 1,053 acres
1st mort. (west side) on 400 acres & 550 leased

(?)
4,400,000
10,000,000
20,000,000
5,000,000
481,500
2,000,000
1,000,000
500,000
2,500,000

100

....

Te'egroph Co.—V. 29,

Pay’ble

8.

7

5,000,000

1,000

....

10

387,000
753,000
500,000
400,000
7,620,000
10,000,000

100

....

Maryland Coal—Stock

p.

4,000,000

1,073,000
783,000
600,000
10,250,000

1868

Mortgage bonds (ior $500,000)

(V. 24,

100

1,000

....

396.
119.)

"34

1874

Mariposa Land & M ining Company—Stock
fltnplr

p.

15,000,000

1873

1864
1872

Jowa RR. Land Co.—Stock

Boston

'Too

1,740,000

....

mortgage, consolidated, convertible
Cumberland Coaid Iron Company—Stock
Dunleith & Dubuque Bridge—Bondd, sink, fund

American Union

When

Q.-M.

1*2
2*3

1,107,500
575,000

....

1st mortgage (convertible)

receipts, $531,333; net, $25,399.
24, p. 248.)

2

18,000,000
1,500,000

25
£200

....

1st

Express

Rate.

100
25

1,000

....

Sterling bonds (sink.f’d one-fifth of land sales)
Mortgage bonds, gold, sixes (for $2,500,000).
Un. RR., 1st M., end. (s. f., rents on $220,1(33)
do 2dM.,g.,end.,(s.f. gr’udr’nts on $144,800)
Consolidation Coal of Maryland—Stock

Adams

outstanding.

•

Mortgage bonds (for $2,800,000)

Euit

XXXI

INTEREST.

$100 $12,000,000
•

Canton Improvement Company—Stock

'

BONDS.

Amount

or

Value.

Adams Express Company—Stock
American Express—Stock
American Coal {Maryland)—Stock
American Union Telegraph—Stock
Atlantic <£- Pacific Telegraph- Stock
Boston Water Power

Bonds,
Bonds,
Bonds,
Bonds,
Bonds,

AND

great favor by giving Immediate notice of any error discovered In these Tables.

a

DESCRIPTION.
For

STOCKS

London.
New York, Office.
New York aud Loudon.
New York, Office. New York, Office.
N. Y., Union Trust Co.
N. Y., Treasurer’s Office.

London, Morton, R.& Co.

Jan.

i,

1891

May 15, 1879
Mar. 1, 1879
July 15, 1879
July 15, 1879
May, 1902
May, 1900
March 1, 1900

Spring Mountain Coal Company.— This is guar¬
year till 1885 by Lehigh
Yalley RR.
St. Lou'S Bridge.-Net income, 1876-77, $219,777;
1877-78, $219,598; 1378-9, $26’*,697. The railroad and
tunnel were sold under the mortgage of 1873,
July 1, 1878, for $150,000. Foreclosure under the
first and second mortgages on the
Bridge was made
Dec. 20, 1878. The above mortgage aud $7,990,000
anteed 7 per cent per

in stock are to be issued under the re-organization.
Of the stock $2,490,000 is first preferred, $3,070,000
2d pref.. and $2 500,00) common. The
coupons due
Oct., '76, ’79 aud ’81 on 1st mort. bonds to be paid
in same b inds, April, 1881.
(V. 26. p. 420, 521; V.
27. p. 17, 227, 435, 461, 677; V. 28, p. 221; V. 29, p.

196.)

Sutro

Tunnel.— Tunnci

on

Comstock

facilitating mining operations. (V. 27,
p. 147, 224, 302.)

p.

Lode

for

529; Y. 28,

United States Express.—New stock of $1,000,000

issued.

(Y. 21,

p. 159; V. 23, p.,87.)
Rolling Stock Co.—See reports V. 26,
289; V. 28, p. 145.
Wells, Fargo & Co.— An increase in capital to

United States
p.

$6,250,000 is proposed.

(V. 28, p. 13.)

Western Union Telegraph.—The company divided
17 per cent in stock to the stockholders of record
June 20, 1879, making the total stock as above. (V.
2d. p. 135, 266, 304, 592, 626; V. 27, p. 274, 381, 454,
568, 629, 663; V. 23, p. 277, 592.)

MORRISON,

WALL

STREET, NEW
TRANSACTS

YORK,

A

General

Banking Business, Receives Accounts and Allows Interest.
DEALS IN INVESTMENT SECURITIES,
Government, State, County, City and Miscellaneous Bonds.
BUYS

ALL

STOCKS

AND

BONDS

SELLS

AND

DEALT IN AT THE

SPECIE

BOUGHT

BOARD, FOB CASH OB ON A MARGIN.

AND SOLD.

WANTED,
ELIZABETH CITY

BONDS,

VIRGINIA OLD BONDS,

FOR
NEW

SALE,

YORK, LAKE ERIE & WESTERN FIRSTS.




NEW Y0BK OSWEGO MIDLANDS.

DISTRICT OF COLUMBIA FIVES,

XX

INVESTORS’

Ml

I Vql. xxix.

SUPPLEMENT.

R. A. LANCASTER & CO.,
BANKERS

66

BROADWAY AND

BROKERS,

AND

19 NEW STREET, NEW
ITS

DEALERS

FIRST-CLASS INVESTMENT
GOVERNMENT
State, City, County,
BOUGHT

SECURITIES.

BONDS,

Railroad and Miscellaneous Securities

AND

SOLD ON COMMISSION.

VIRGINIA TAX-RECEIVABLE

COUPONS BOUGHT AND SOLD.

SOUTHERN SECURITIES A
WE

YORK,

C ALL
TO

RECENT FUNDING ACT OF

SPECIALTY.

ATTENTION
THE

THE VIRGINIA LEGISLATURE,

AND OFFER OUR

SERVICES TO

Fund any Bonds and Interest Certificates Intrusted to onrCare
FREE

EXCEPT AS TO THE




CHARGE,

COMMISSION CHARGED BY THE FUNDING

SPECIAL

Virginia

OF

and

ATTENTION GIVEN TO

ASSOCIATION.

FUNDING

North Carolina State

Bonds