Full text of Commercial and Financial Chronicle : August 31, 1878 : Investors' Supplement, Vol. 27, No. 688 [Copy 1]

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THE

OF

COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED

THE

ON

LAST

SATURDAY

OF

EACH

MONTH.

Furnished Gratis to all Subscribers of the Chronicle.
[Entered according: to act of Congres3, in the year 1878. by Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.l

89681
NEW

INVESTORS’

YORK,

AC GUST 31, 1878.

SUPPLEMENT

OP THE

Catnmerrial ntilt jFinanrial

Cjirnnirle.

The 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 charge to all regular subscribers of The
Chronicle; no single copies are sold at the office, as a sufficient supply is
printed for subscribers only. One number of the Supplement is bound up
with the Financial Review (Annual) for 1878.
Transient advertisements are inserted at twenty-five cents per line; adver¬
tisements by the quarter, six months or year, at special rates.
a

WILLIAM

B.

&

DANA

79 d 81

CO.,

Publishers.

William street.

INVESTMENTS IN AUGUST.

Daring the month of August there

a

hundred dollars cannot

.

now

be obtained for the

same

In no department of finance has the practical
working of a law been brought home to the people more
clearly, than the effects of the silver law of 1878 to the
farmers of the West.
Whether they will recognize the
fact that the silver legislation and the animus displayed
by members of Congress who voted for it, together with
the repudiation of many local bonds by towns and coun¬
purpose.

ties,

are

the direct

causes

which

now

prevent a well-to-do

farmer from

borrowing money to improve his property,
yet to be seen. The settlement of large quantities
of new land will raise a further demand for money, and
if the
occupants will clearly understand that the keeping
of a strict faith with creditors, both public and private,
is an indispensable requisite to give borrowers in
any
particular locality a standing in our loan markets, the
remains

was no striking effect will be wholesome.
These remarks are made withpertaining to the dealings in investment securi¬ out
any political bias, and relate merely to what is
ties, except the continued large demand for United States believed to be the facts
concerning the movements
Government securities. The inquiry for these bonds was
of capital between the Eastern cities and the great
West.
very active in the early part of the month, and the sub¬
Railroad bonds are little changed, except where there
scriptions for new four per cent bonds frequently exceeded are
exceptional and local causes affecting the business of
$1,000,000 per day—the purchases being largely made some
particular road. The partial failure of wheat in
for the account of private investors, and numerous orders
some
portions of the Northwest affects bonds less than
being received for small amounts varying from $100 to
stocks, while the prevalence of yellow fever at the South
$500. Afterwards, the demand fell off materially, and as
has had a more serious effect in depressing the lower
the autumn approaches, when business and
politics begin, classes of bonds secured on the roads which will lose

feature

there

are

two

reasons

for

a

decline in the demand from

business most heavily through the terrible pestilence.
moneyed corporations,.and the takings of
Of the progress of investments in Savings Banks in
the four per cent bonds should
materially decrease. It the United States during the eleven years
following the
is noticed, however, that the ease in
money has kept up
war, the Boston Journal recently had some interesting
with little variation close to the 1st of September, while
figures, which we quote below.
at this time last

investors and

the rates for money had advanced
To exhibit its full extent we may remark that in 1820 the
whole
number of avings banks in the Union was ten, and the
materially on the demand to move the crops.
In 1876 the number of banks
In regard to State bonds, some little excitement oc¬ deposits amounted to $1,138,576
had reached 781 and the deposits $941,350,255. Taking these
curred from the discovery of what wa£
supposed to be a latter deposits as, according to official estimates, affectiog five
persons besides the deposror, then it will be seen that the
small over-issue of Pennsylvania bonds of
1S52; but it 2,368,630 depositors in the savings banks of this country a year
does not appear that any fraudulent bonds have been and a-half ago represented a tot 1 of 11,743,150 persons direc
ly
concerned in the st
and prosperity of this class of fiduciary
presented for payment, and it is concluded that some institutions—or, in bili'y
round numbers, one-quarter of the whole
error in accounts
may have caused the discrepancy. The American people, native and foreign born. Another feature of
loss of State funds in Missouri by the failure of a bank these statistics which will seem most surprising to many people
is the steady growth disclosedtiuring the years succeeding that of
has also occasioned some discussion and reports of em¬ the panic, 1873. In that year the total
deposits were $802,363,609;
barrassment in the State finances, but in this case, as in in 1874 they rose to $864 556,902;—4a^l8?5, to $924,037,304; in
1876 to $941,350,255—thus showing an increase of about
others, the extent of the difficulty has been exaggerated $139,000,000 during the years from the end of 1873 to the end of
1876, wbicli was equal to an average of $46 333 333 per year.
—possibly for political effect. If New York and Boston We
year

had the utmost confidence in the determination of the

people of Missouri to

indebtedness to the last

their State and municipal
dollar, such reports as that above
pay

noticed could have little effect in the financial markets
even for a
single day.
The

on

important business of lending

improved farms has

and where thousands




met with

were

the West
serious check,

money at

a most

readily loaned two

years ago,

•

quote the statistics from the year 1866 to 1876, inclusive, the

former being the first year
rose above 1,000,000:
Year.

I860
1S67...

No.

in which the number of depositors
of Banks.

lb75

3 56
371
400
476
517
577
647
669
693
771

1876

781

J870
1871
1-72

1873.
1874

1

Open Accounts. Due Depositors.
1,067,061
$*82,455,794
1,188,*t2
1,310,141
1,466,684
l,ti3t»,840

1,902,147

337.00*,452
39',781,813
457,t»7o,050
£49.^74,358
650,745,142

1.992,925

735.046.805

2;i85,832
2 359.864

802,363,609
864,556,902
924 037,304

2,3.8.630

941,350,255

2.293.401

INVESTORS’

IV

PRACTICAL,

SUPPLEMENT.

CONCLUSIONS

FOR

[Vol. XXVII.

INVESTORS.—Continued.

(For Explanations see Footnote.)

COMPANIES,
AND

CHARACTERISTICS

OF

BONDS

standing.

OUTSTANDING.

Richmond & Petersburg—
1 1st
mort., 8s, 1880 to ’86
2

1

W. <fc R., 1st mort., 8. f., 7s, ’80
R. W. & O., 1 st mort., 7s, 1891
3
do
2d mort., 7s, 1892.
4 1st M.
(O. & R.), guar., 7s, 1915
6 1stM.
tSyr. No.), guar.,7s, 1901
6 Consol,
mortgage, 7s, 1904
St. Croix & Penobscot—
1 1st mort.
(C. & B.), 6s, 1879...
2 2d mort. (C. «fc B.), 6s, 1879
3 Calais loan
(Lewy’s I.),6s, ’91.
St. Louis Alton & Terre Haute—
1 1st
mort., 7s, 1894
2 2d mort.,
7s, 1894

4

A.

B.

$

$

Net Earnings.

Fiscal Year.

Total

14,000
3,500

Less
25 per cent

Amount.
D.
$

C.

Int’r’st that can
be paid from

1875
1876
1877

47,271

1875
1876
1877

245,262
259,905
319,136

78,251
60,096

net

earnings

less 25 per ct.

E.

F.

$

$
all
all
all

58,688
45,072
35,453

Balance of
total
net

earnings

Equipment mort., 10s, 1880...
2d mort. (income), 7s, 1894
...

St. Louis Iron Mountain & So.—
1 1st mort. (St. L. & I.
M.), 7s,’92
2 1st mort. (Ark. Br.),
76, gld,’95
3 1st mort. (C.A.&T.),
7s,gld,’97
4

lstM.(C.AF.,Ark.), 7s, gold,’91
2d M. (St.L.&I. M.),7s,gld,’97
6 Income
(C.&F.,A.),7s,conv.,’88
7 Consol, mort.,
7s, gold, 1914..
St. Louis Kansas City & North.—
1 1st mort.
(No. Mo.), 7s, 1895
2 Real estate and
RR., 7s, 1904.
5

..

799,900

55,993

1,200,000
350,000
500,000

84,000
70,000
24,500
35,000

4,250,000

297,500

95,200

5,712
1,050
5,640

1875
1876
1877

22,243

16,682

18,302

13,727

17,704

13,278

154,000

1875
1876
1877

560,935
586,540
590,795

420,701
439,905
443,096

1,000,000

17,500

94,000
2,200,000
2,800,000
300,000
1,700,000

196,000

30,000
119,000

G.

$
60,751 The road is now paying divi¬
42,596 dends Jan. and July, each 2
29,771 per cent.

17,500
17,500
17,500

3,916,000
6,000,000
2,993,000

420,000
209,510

1875
1876
1877

117,000

239,352

139,993

all
all
all
ito3
lto3
lto3

105,269 Default on April (1878) cou¬
119,912 pon of consolidated mort¬

139,993
234,493

84,643

12,402
12,402

9.841 This road is to be extended
5,900 to a connection with the

12,402

5,302

380,000

1

1st mort. (So. Pac.), 6s, gld,’88
2d mortgage A, 6s, 1906
3 2d mort. B and C, 2s,
gld, 1906
St. Louis & Southeastern—
1 1st mort.
(Main L.), 7s, gld, ’94
2 1stM. (Evans.
Div.), 7s, gld,’94
3 1st mort.
(O’F.Br.), 7s, gld,’92
4. 1st mort. (E. II.& N.)
7s, 1887.
5 Consol, mort., 7s.
gold, 1902
St. Jxmis Vandalia Sc Terre H.—
1 1st mort., 7s, s. f., 1897,
guar.
2 2d
mort., 7s, s. f., 1898
3 2d mort., 7s, s. f.,
1898, guar..
St. Paul <fc Pacific (1st Div.)—
1 1st mort.
(150m.), 7s, 1894
2 2d
mort.(150m.A I’d gr.), 7s,’94
3 1st
mort.(60m.<fc I’d gr.), 7s, ’98
4 Consol.
M.(210m.Al.g.),7s,1900
St. Paul Sc Pacific (Branch)—
1 1st mort.
(10m.), 8s, 1881
2 1st mort.
(66m.), 7s, 1892
3 2d mort. (76m.<fc I’d gr.), 7s,’92

380,000

1,508,830
1,808,595
2,131,902

lt04 1 ,120,000
ito4 1,120,000
ito6 1,543,080

1,131,623
1,356,446

1,598,927

..

388,830 Interest is paid on old St. L.
688,595 & I. M. bonds, but oil other
588,822 issues only in part. Litiga¬
tion pending.

245,599
394,475

184,200

245,599 Net earnings here given

295,856
531,886

709,181

4

Consol, mort., 7s, 1892

Saginaw Valley Sc St. Louis —
i 1st
mortgage, 8s, 1902

420,000

394,475
2S9,181

1&2

449,262
544,682

225,785
194,444

157,500
157,500

151,173 Defaulted in 1873, and in
76,506 hands of receivers since
96,182 November 1,1874.

;

2

Guaranteed, 7s, stock
3 2d
guaranteed, 7s, stock
Bhamokiu Valley A Pottsville—
i 1st
mortgage, 7s, gold, 1901

.

Shenango & Allegheny—
l 1st
mortgage, 7s, 1889.

Sioux City A Pacific—
1 1st
mortgage, 6s, gold, 1898 ..
2 Gov’t
subsidy, Os,"30-year bds

113,380
175,505
190,262

i

1,899,000
1,000,000

132,930
70,000
112,000

1875
1876

185,861

139,396

l

132,930

203,673

202,930

1877

273,329

204,997

1&2
1&2

52,931 Leased

271,564

68,634
70,399

1875

24,229
201,603
125,352

18,171
151,202
94,014

l
•

-

202,930

to Terre H. & Ind. for
30 p. ct. of gross earnings.

Guarant’d by

=

Penn.Comp’y.
5C

1,500,000
1,700,000
5,700,000

105,000
119,000
399,000
105,000

1,500,000
120,000
366,000
1,096,000
1,114,000

1876
1877

80,056
90,566

1A2
1&2

76,720

1 1877

139,723

104,792

1&2

35,220
35,220
35,220

37,280

1875
-1876
1877

61,123
48,855
57,518

45,842

dll

37,280

43,139

all

37,280

263,307

197,480
172,028
187,167

all
all

161,070
161,070
161,070

j1

161,070

505,000
172,800
450,000

12,096
31,500

300,000

24,000

210.000
200,000
95,000

14,700 !
14,000 I

i

j

6,650
139,580

’

200,000

1,628,000
1,628,000

105,000
•

•

.

106,741
120,755

30.300

874,500

.

1875
9,600
25,620 1 1876

77,980 |I

1,994,000

i

24,229 Interest in default since
96,603 June, ’74. In hands of trus¬
125,352 tees, and foreclosure pend’g.
Has

61,215

1875

"

36,641

229,371
249,556

1875
1876

32,484

1877

20,046

24,363
30,984
15,035

1875
1876
1877

168,004

126,003

all

147,434

110,576

1875
1876
1877

205,296
137,635

1875
1876

114,698

41,312

150,054
71,879

all

i

foreclosure.
Has been
default since 1873.

153,972
103,226
112,541

all

139,580

65,716
137,635

86,024
53,910

all

61,215
14,000
14,000

1877

135,281

101,46 r

1875
1876
1877

127,786
118,927
138,376

95,840
89,195
103,782

all
all
all

97,680

1875

147,841

1876
1877

125,974

110,881
94,481

l

97,680

112,860

84,645

...

operated by Balt. & Ohio;

32,484
11,012
20,046

all

61,215

97,680
-

........

which pays expenses, inter¬
est and 7 per ct. ou stock.

,

53,483
Atlantic A Great Western.

74,066
113,786 Leased by N. Y. N. H. A H.
104,927 Co. at $100,000 per annum.
124,376 All steel rails.
rhe subsidy int. is paid by U.
S. Treas. & charged against
Co. Divs.paid on i>ref. st’k.

50,161
125,974

112,860

....

m

112,084

71,879

14,000

$174,350.

;The guaranteed stocks are
secured by bonds in trust.

150,054

.

a
traffic agreement
Michigan Central.

rental

132,654

....

valuable land grant.

88,486

35,350
35,350

all

14,000

102,237
68,301

....

.

Has
with

23,843
48,855
20,238

30,300

....

a

71,521
85,535, process of foreclosure.
104,503

....

1876
1877

!

7s, 1880.

151,173
234,006
253,682

Re-organizat’n of Atl. A Pac.,
Sept. 7, ’76. 1st M. (So.Pac.)
is paid from sales of land.

1875
1876
1877

i

Shore Line—
i 1st
mortgage,

all

157,500
70,000
7,350
70,000
360,150

2,301,000

Savannah Sc Charleston—
1 Chas. Sc
Saw, 6s, guar., 1877.
2 Saw <fc Chas.,
7s, guar., 1889.
3 1st mort. (S. <fc
C.), 7s, 1889..
4 2d mort.
(S. AC.), 8s, 1891...
Seaboard A Roanoke—
1 1st
mortgage, 7s, 1880

739,126

506,285
554,345

2,250,000
1,000,000
105,000
1,000,000
5,145,000

466,000

Consol, mort., 7s, 1902

675,047

ments, as per income acc’t.

4,771,000

Sandusky Mansfield & Newarkl

1875
1876
1877

are

balance after all other pay¬

l

17,592
95,420

1,600,000

than $300,000.

t

431,670

7,194,500
293,200

European & No. American.

ISO,935 Main line leas’d to Ind’polis &
206,540 St. L. and $450,000 p. aun’rn
210,795 guar. Guarantors decline to

380,000

St. Louis & San Francisco—
2

gage.

pay more

280,000
175,000
105,000
560,000
414,890
8,190
274,120

1,500,000
8,000,000
5,927,000

1&2
1&2
ito*

183,947
194,929

-

1875
1876
1877

4.000,000
2,500,000

'

Remarks.

over said
interest.

Ogdensb’g—

2

3

Annual
Interest
Charge on
saidBonds.

1^5,000
50,000

New mortgage, 7s, 1015

Rome Watertown &

Amount of
Bonds Out¬

Sioux
1

City A St. Paul—
Equipment, 10s
1st mort. (1. gr.), 7s, gold, 1901
1st mort., 8s, currency, 1901..

1&2
1&2
1&2

1875
1876

75,746

56,810

116,155

87,116

1877

113,488

*85,110

503,000
1,062,500
1 ,482,667

74,375
74,133

3

1 .206.500

450,006
483,938
432,674

337,505
362,954
324,506

all
all
ail

314,810
314,810
314,810

4

60,312
1,054,500

84,455
4,222

1875
1876
1877

t>

63,500

3,810

1

1,500,000
600,000

105,000

!

1875
1876
1877

210,154
214,028

all

147,000
147,000

123,313

157,610
160,521
92,485

1875
1876
1877

266,735
169,371
225,678

200,051
127,028
169,259

all
all

27,370
27,370

142,001

all

27,370

198,308

3
4

2d mort., 6s
South Carolina—
1 1st
mortgage
2

(L.), 7s. 1888

Sterling loan, 5s, 1888

2d mort. ($3,000,000), 7s, ’82.
Real estate, 7s, 1891
5 Domestic bond6 (I.), 7s, 1891..

Domestic bds, 6s, due 1882 Ac.
Southern Central—
1

1st

2

2d mortgage, 7s, gold, 1882...

mortgage, 7s, 1899

Southwestern (Ga.)—
i 1st
mortgage (S. W.),

131,500
500.000

1,240,000

73,815 !

42,000

1

j

j
7s, 1882.

391,000

48,150
48,150
48,150

27,596
68,005
65,338

13,150
35,000
99,200
30,180

2

27,370

1

|

!

all

’76-’77, except on the equip¬
ment bonds.

135,196 Floating debt, $1,000,000,
169,128 and balance of 2d mort. bds
117,864 ($1,793,500) hypothecated.
Scheme for scaling 2d mort.
b’ds 50 p. c. and replacem’t
by new 25-yr. 7 p. c. bonds.
Falling off in 1877 general,

63,154
67,028

but

chiefly in freights.

123,313

....

239,365

1

ou bds.A7 p.c. onstk. Lease
l>rovides for consolidation.

intended to show the railroad bonds on which interest lias been earned by the roads themselves on which the bonds
are secured, and not those on which interest is paid by lessees without being earned.
In the first column, giving names and description, the small
•figures at the left are simply for reference in the subsequent column “F.” In the first column of figures, “A,” the total outstanding amount of
bonds of the mad is given; in the column “ B,” the annual interest charge on such bonds ; in the column “C,” the last three years for which,
earnings have been reported are given, the fiscal year of the company in each case being intended; the column “D” shows the total amount of
true net earnings, after deducting taxes, “extraordinary” expenses, and all such as are necessary to the operation of the road; the column “ E”
shows 75 per cent of such net earnings, which is assumed as a purely arbitrary basis which will make the list “ gilt-edged;” column “F” shows
the particular classes of interest, in the order of their priority, which can be paid out of the 75 per cent of net earnings in each year; the column
Note—These tables

“G” shows the




are

surplus of total net earnings 'those given in column “D”), after paying the classes of interest specified.

[To be Continued in next “^Supplement.”]

*

STOCK AND

BOND TABLES.

NOTES.
These tables are expressly intended to be used in connection with the information concerning Investment matters, published fiu**i week to
week in the Chronicle—to which an index is furnished in the remarks at the foot of the tables. Annual reports are in black-faced figures.
A full description of U. S. Government Securities is published regularly in the Chronicle each month, as soon as the official “Debt State¬
ment” is issued.
Prices of all Stocks and Bonds

are

quoted weekly in the Chronicle.

The

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
“mortgage,” s. f. for “sinking fund,” 1. gr. for “land grant,” reg. for “ registered,” coup, for “coupon,” Br. for “Branch,” guar, for “guaranteed,”

end. for “ endorsed.”
Date of Bonds.—The date of issue on the face of the bond
Miles of Rood.—Opposite Stocks, this means the miles of

by the mortgage.

is referred to in this column.
road operated, on which the earnings

are

based; opposite bonds, the miles covered

Size or Par Value.—These figures are dollars, showing the denominations or par value. The figures “ 100, &c.,” signify $100 and larger.
Rate Per Cent.—The interest per annum is given for bonds, but the per cent of last dividend for stocks; g means gold; x, extra; s, stock or scrip.
When Payable.—3. & 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 & Deo.; Q.—Jv quarterly from January; Q.—F., quarterly from Feb.; Q.—M., quarterly from March.
Sonds, principal when due; Stocks, last dividend.—The date in this column shows the period when the principal falls due of bonds, but the time
when the last dividend was paid on stocks.

STATE

&

Snb^crlber* will confer

a 2: re

Date of
Bonds.

DESCRIPTION.
For

explanations

see notes

SECURITIES.

at favo- by ulvlnar Immediate

above.
1876
1876
1876

Alabamaj— Substitution bonds
Substitut’n b’ds for RR. (B) ($596,000)
do
for Ala. & Cl
Educational funded debt.
Funded “ obligations ”...

Size or
par
Value.

Outstanding

$100&c.

$6,216,600

100 &c.
100 &c.

536,000

1874
1869 to ’70
1,000
1870
1,000
1871
100 &c.
1838 to ’39
1874
1875
....

Arkansas—Funding.bonds'of 1869 ant} 1870...
Funding Bonds 1870 (Holford)

Levee bonds (or warrants)..
Old unfunded debt, includiui interest.
Ten year b’ds, Act May 29/74
Secured sinking fund bonds (Act. Dec.

1869

To Memphis & Little Rock Railroad...
To Little Rock <fc Fort Smith Railroad
To Little Rock, Pine Bluffs & N. Orleans RR..
To Miss., Ouachita & Red River Railroad—

1,000

1870
1,000
1870
1,000
1870
1,000
1870
1,000
To Arkansas Central Railroad
1863
State scrip
1863
500 &c.
California—Soldiers’ relief
1870 to ’72
State capital bonds
1873
500 &c.
Funded debt bonds of 1873
1863
Connecticut—War bonds, 20 year
1,000
) Coupon
1864
1,000
War bonds, 20 year
or
>
1865
100 &c.
do
not taxable, 20 year..) regist’d.
1877
New bonds, coupon, 10-20 year
1,000
1872
500 &c.
Dist. of Columbia— Perm’t imp’t, gold, coup—
1873
Permanent improvement bonds, coupon
50 &c.
1874
Fund, b’ds (U.8. guar.,Acts June,’74& Feb.,’75)
50 &c.
1872
Market,house bonds, coupon
1871 to ’73
Water stock bonds, coupon
1,000
1872
100 &c.
Wash, fund’g, gld,($660,000 M.&N.,due 1902).
1869
Washington ten-year bonds (Bowen)
1828 to ’68
Other Washington debt, reg. stock
....

....

•

....

....

....

Corporation of Georgetown, registered stock.

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.)..

Suarterly
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—
Illinois— Refunded stock bonds
Normal University bonds
Thornton loan bonds
War bonds

....

1871
1873
1.000
1 000
1870
1858 to’66
500
500 &c.
1866
1870
1,000
1872
1,000
1873
250&C.
1876
1,000
1877
1,000
....

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

1876
1876

Indiana—Bonds, short loan
Bonds, short loan
School fund bonds (non-negotiable)

....

....

1861

Iowa—Wnv and defense bonds

Kansas—Bonds, 1861 to ’69, funding, &c
Bonds for various State purposes

Military loan
Louisiana—JJonds for relief of State Treasury
Bonds in aid of various railroads.
Levee bonds—Act 35 of 1865
do
Act 115 of 1867...
do
special—Act 32 of 1870
Bonds funding coupons
do
to Boeuf & Crocodile Navigation Co...
do
issued to State Penitentiary
—..
.

1861 to ’69
1861 to ’75
1864 to ’65
1853

1866
1867
1870
1866
1870
1869

notice of any error discovered In these Tables*

100 &c.
100 &c.
500

500
100 &c.

1,000
1,000

Payable

Levee bonds of 1869 and 1870 invalid.

Hate of tax¬

July 1,1906
July 1,1906
July 1,1906

liOOOiOOO

8
6
6

J. & J.
J. & J.

Montgomery.

1,886,000
1,316,000
1,986,773
1,985,955

July 1,1884.

N. Y., Union Trust Co.

1899
1900

515,000
2,810,670

258^300

3751000

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
4,000,000

670,000
13,743,250
150,000
431,000
1,810,000
279,000
786,100
251,500
350,000

923,100
4,000,000
800,000

3,600,000
2,097,000
307,500
800,000
542,000
2,298,000
224,000
23,000
86,000
142,300
200,000
510,000
3,904,783
300,000
101,175

739,000

12,000

7

J. & J.

10
6
7
7
7
7
7
5 & 8
7 g.
7 g.
6 g.
6
6
6
5
6 g-

California.—The State holds in trust for School

.

.

A.
A.
A.
A.
A.

&
&
&
&
&
&




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

J. & J.

Sacramento, Treasury.

do
J. & J.
do
J. & J.
do
dO
J. & J.
Hartford, Treasury.
J. & J.
do
do
A. & 0.
do
do
M. & N.
do
do
J. & J. N. Y., First National Bank.
7
J. & J.
do
do
3*65
F. & A.
U. S. Treasury.
7
J. & J.
Washington, D. C.
do
J. & J.
7
6 g- J. & J. New York and Washington.
6
J. & J.
Washington, D. C.
do
5, 6, 7 3 Various
6
do
Q.-J.
7
N. Y., Importers’ & Tr. B’k.
7 & 6 g. J. & J.
do
do
8 g. J. & J.
6
F. & A. N. Y., Fourth National B’k.
do
7
do
J. & J.
7 g.
do
do
Q.-J.
do
do
7
J. & J.
do
A. & 0.
do
8
7
do
J. & J.
do
do
6
do
J. & J.
6
J. & J. N. Y., Am. Exchange Bank.
6
do
do
J. & J.
do
6
M. & S.
do
do
6
do
J. & J.
6
New York.
J. & D.
6
do
A. & O.
6
Varinns
7
J. & J. New York, Kovmtze Bros.
6
N. Y., Donnell, L. & Co.
July.
do
do
7
J. & J.
do
7
do
J. & J.
6
J. & J. $15,000 1
6
Various 119,000
8
Amounts
not
Various
»_
6
M. & N.
fundable, per
M. <fc S.
8
| report of Jan. 1
6
J. & J.
1, 1878.
8
J. & J
80,000
M. & S.
7
J
a

.

.

Georgia.—The constitutional amendment in 1877

declared void several issue s of bonds and railroad
end- rsements.
The So. Ga. & Florida RR. has

$464,000 of bonds endorsed, but the Company pays
funds the $500,000 Capitol bonds ioterest and the road is estimated to be nearly worih
of bonds 1878. Total valuation of the bonds. The total State debt is $10,903,500. As¬
property, 1876 and 1877, was as follows: Real estate, sessed value of property in 1877 was as follows:
$418,840,028 in 1877, against $454,990,351 in 1876; Lands, $88,833,514; city and town property, $51,239,personal property^ $199,243,292 in 1877, against 736; totai, including personal. *235,659,58 ), against
$139,247,693 in 1876—total, $618,083,315 in 1877, $245,853,750 in 1876 and $261,755,884 in 1875; rate of 1

and University
and $2,063,000

do

do

1900
1884

J.

The Jacksonville Pensacola & Mobile RR. loan is
in litigation, and the St ite Supreme Court has de¬
cided that the State is not bouud for it. (V. 23, p.

576; V. 25, p. 212.)

Due.

Whom.

New York.
do
do

Alabama.—The State gives 30-year bonds, dated against $595,073,177 in 1876.
Tax rate for 1876-7,
July 1, 1876, bearing 2 per cent for 5 years, 3 per 73# cents per $100.
Connecticut.—The debt of Connecticut was all
cent for next 5 years, 4 per cent for next 10 years,
and 5 per cent for last 10 years, for old bond-1, with¬ created originally for war purposes. Assessed value
out any allowance for past-due coupons.
Ala. & of real ana personal property, 1877, $314,406,977;
Chat, endorsed bonds are exchanged (for $1,000,000 rate of taxation, 1# mills. (V. 24, p. 38'. )
District of Columbia.—The total assessed value
of the new bonds, class C, which bear 2 per cent
for five years and 4 per cent for remaining 2i years). of taxable real estate in 1877 was $97,609,890; per¬
For railn ad endorsements
the
bonds issued sonal property. $21,000,000. The interest ou the 3-65
bear 5 per cent. An analysis of the debt and fund¬ bonds is provided for by Congress. See law of 1878,
ing operations is in V. 24, p 28. There were V. 23, p. 599. (V. 22, p. 131; V. 23, p. 542; V. 24, p
$3,705,00.) of railroad obligations unprovided for in 39; V. 26, p. 599.)
Florida.—Less the sinking fund of $130,700,and J.
the '‘adjustment.” The value of all taxable property
is about
$160,000,000; tax rate, 7 mills. The as¬ P. and M. loan, the total debt is $1,284,100, which
sessed valuation of real estate in 1876 was $86,874.- does not include $132,000 bonds of 1357, h*dd by
212.
(V 23, p. 89, 40, 897, 622; V. 24, p. 28, 420; V. Indian Trust Fund. Coupons of the consol. bondLa
are receivable for taxes.
Real and personal ptop27, p. 94.)
Arkansas.—The State Supreme Court has decided erty assessed In ’77 at $30,698,247; tax rate, 9 mills.

ation, 10 mills. The State is in default for interest,
except on the ten per cents of 1^74 and secured
sinking fund bonds, issued under the law of Decern
her, 1614. Assessed valuation of taxable property,
$94,095,243. (V. 23. p. 174; V. 24, p 88, 42 , 46r>, £64;
V. 25, p. 161; V. 27, p. 15, 40.)

Principal—When
ipai—

Where Payable and by

J. & J.
J. & J.
J. & J.

63,500
284,000
57,000
112,000
49,000
49,500
80,000

1,000
1,000
1,000

Rate.

When

2 &c.
5
2 &c.

289,000

....

INTEREST.

Amount

--

1899

*

1900
1900
1900

April, 1900
1883
1885
1893
Jan. 1, 1883
Jan. 1,
Oct. 1,

1884

1885
Mayl, 1897
July 1,1891
July 1, 1891
Aug. 1,1924
July 26,1892
ct. 1, 3 901 to ’C
1892 & 1902

Jan.
At

1, 1879
pleasure.

1879-’84
Jan.

1,1903

1881 and 1886

May, 1886
Oct., 1890
July, 1892
Lpril 1,1879 to ’8
July 1, 1896
Jan. 1, 1889
Various

Jan., 1880
Jan., 1880
Jan., 1880
Dec. 1,1879

April 1, 1879
July

* V,

1881

1883 to ’84
1878 to ’99
1884 to ’99

July, 1893

1872 to 1906
1886

May 1,

1907

March 1,1875
1886 & ’88
Jan. 1, 1890
March 1,1909

tax in 1877, five mills. Governor’s Message, V. 24,
p. 89. (V. 24, p. 89, 152; V. 25, p. 188, 162.)
Illinois.—There is also about $300,000 of Int.
bonds inscribed stock, due Jan., 1Q78, yet out.
The Illinois Central Railroad charter tax on earn-

ings contributes
revenue.

over $300,(XX) per year to the State
1877 the total assessed value as
local assessors was: lards, $491.',04,-

For

equalized by

984; town and city lots, $208,521,%7; total, $892,452,315; total as equalized by State assessors, $931,190,308. State tax in 1876, 2'8 mills. (V. 24, p. 40.)
Indiana.—There are also $139,000 of 6 per cent
war 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¬
erty, $855,130,125, against $864,720,440 in 1876 and
$897,739,783 in 1875. Tax rate, 1*3 mills. A law
permitting towns to issue bonds was passed m 1875.
A similar law was passed for counties. <V. 19, p.
493, 526; V. 21, p. 85; V. 22, p. 104, 209, 615.)
Kansas.—Kansas has but a small State debt, but
the issues of muuicipal bonds, have been large.
The
valuation of
real and
personal property
In- 1877 was $136,019,113, against $132,144,580 in
1876.
Tax rate, 5# mills for State purposes.
State funds hold 1610,925 of the bonds. (V. 24, p.40.)
Louisiana,—The funding bill passed Jan. 24, J874,
scaled the debt down to 60 per cent of the face value.
Funding was resumed May, ’77, subject to Supreme
Court decision. (SeeV. 24, p. 519). New bonds were
voted forN. O. & Pac RR. in ’78, and their
validity
is nftjrrned by the Supreme Court, but the Governor

VI

STATE

Subscribers will confer

great favor by giving Immediate

a

DESCRIPTION.
For

explanation see notes

on

SECURITIES.

Date of
Bonds.

Size

first page of tables.

Value.

notice of any error discovered In these
'rabies.

INTEREST.

Amount

or

par

[Vol. XXVII.

outstanding.

When

Rate.

Principal—When

Where payable and by

Payable

due.

whom.

Louisiana—( Continued )—
Bonds to fund

floating debt of State

do
to Mississippi A Mexican Gulf Canal.,
do
to Northern Louisiana & Texas RR. Co
do
school A seminary, held by St. Treas..
do
to N. Orleans, Mobile A Chatt. RR
do
to N. Orleans, Mobile & Texas RR.
N. O. Mob. & Texas RR. bonds,
end.

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

1870
'

)

Coup.

$6,000

'

1869
1857
1870

1871

by State

($2,000,000).

$1,000

1869

1869
1874
1878
1863
1863
1864
1868

1,000

260;000

1,000
4,000
1,000
1,000

10,000
48,000
70,000

2,500,000

1,000

875,000

100 Ac.

11,624,500

500 Ac.

385,000
307,000
2,330,000
2,826,900
2,010,000
2,502,555
155,615

6
M. & N.
7*30 M. & S.
8
A. & 0.
6
Various
8
J. & J.
8
A. & O.
8
7
J. & J.

$

'260,000
48,000
70,000

2,500,000

....

(1)

*

]

May, 1910
J

1899
1909

J

Amounts not

f hiii1ci1)1Gj

^

per

report of

jan.

i, lo

1897

^

/©.

875,000

July 1,1910
April, 1911

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

Jan.,

i914

6
M. & 8.
Boston, Suffolk Bauk.
March 1,1883
Bounty loan bonds
or
I
1,000
6
F. & A.
do
do
do
do
Aug. 15,1880
500 &c.
regis¬
f
6
J. & D.
do
do
June 1,1889
Municipal war debt assumed
J tered.
100 &c.
6
A. & O.
Augusta and Boston.
Oct. 1,1889
Maryland—Baltimore A Ohio Railroad, sterling
1838
5 g. J. & J.
London, Baring Bros.
1890
Chesapeake & Ohio Canal, sterling...
1838
5 g. J. & J.
do
do
Railroads and canals
1890
Various.
5
Q.-J. Baltimore, State Agency.
Eastern Shore Railroad
1880 A 1890
1839
5
A. & O.
31,069
do
do
Baltimore & Susquehanna Railroad..
1890
1837
3
269,000
do
Quart’y
do
1890
Chesapeake & Ohio Canal
1870
6
528,355
J.
&
J.
do
do
Baltimore & Susquehanna Railroad..
1885
1839
6
298,435
do
Q.-J.
do
1890
Annapolis A Elkridge Railroad
1839
6
A.
62,605
& O.
do
do
Defense Bounty Loan
1890
1868
6
3,326,750
J. & J.
do
do
Deaf and Dumb Asylum Loan
1883
1870 & ’74
6
225,000
J. & J.
do
do
1885 A ’89
Maryland Hospital Loan, 10-15 years
1872 A ’76 100 &c.
6
J. & J.
465,000
do
do
1887 A 1891
Maryland State Loan
1872
691,291
6
do
do
1887
Treasury relief loan, 10-15 years
1878
6
J. & J.
500,000
do
do
Massachusetts— Back Bay Lands Loan..
1888 to 1893
1861 to ’62
500
5 g. M. A N.
220,000
Boston, Treasury.
Coast Defense Loan
May 1, 1880
1863
1,000
5 g. J. & J.
888,000
do
do
Bounty Fund Loan
July 1, 1883
1863
1,000
200,000
5 g- J. & J.
do
do
Bounty Fund Loan
July 1, 1883
1864
500 Ac.
5 g. M. & N.
4,379,500
do
do
do
do sterling
May 1, 1894
1864
£100 &c
5 g. M. & N.
4,000,744
War Loan, sterling
Loudon,
Baring Bros.
May 1, 1S94
1869
£200
5 g. J. & J.
999,944
do
do
iy & Greenfield Railroad loan, sterling
July 1, 1889
1858 to’61 £200 &c
5 g. A. & O.
554,180
do
do
do
do
Oct., 1888 to ’90
home
1861 to ’63 500 Ac.
5
966,500
A.
&
O.
gdo
Boston, Treasury.
do
April, 1890 to ’94
1868
sterling
£100
5 g- A. & O.
2,952,400
do
London, Baring Bros.
do
April, 1882
1871
sterling
200 Ac.
5
5,598,912
J.
&
J.
g.
do
do
do
do
July, 1891
sterling
1875
£500
1,497,980
5 g. J. A J.
do
do
do
do
Jan.
i. 1895
dollar bonds 1873 to’74
1,000
700,000
5 g. J. & J.
do
do
Boston, Treasury.
do
July,
1891
to ’94
1875
1,000
5 g. J. & J.
1,300,000
do
Southern Vermont Railroad Loan
do
July 1, 1895
1860
5,000
200,000
5
A.
A
O.
gdo
do
Boston, Hartford & Erie Railroad, sterling.
April 1,1890
1868 to’69
£200
15
5 g. J. & J.
3,599,024
Harbor Land Improvement (5-20s)
London, Baring Bros.
July 1,1900
1874 &’76
1,000
5 g. J. & J.
700,000
Danvers Lunatic Hospital
Boston, Treasury.
Sept. 1, 1894-96
1874 & ’76
1,000
1,350,000
5
Various
g.
Lunatic Hospital, Worcester
Boston, Treasury'.
J’lyl,’94-Sep.l,’96
1875-’76
1,000
1,100,000
5 g. Various
do
New State Prisons, sterling
do
May 1’95-Sep. 1/96
1875
£500
5 g. J. & J.
1,292,280
London,
McCalmonts.
Jau. 1, 1895
ichif/an—Two Million Loan
1863
1,000
6
J. & J. N. Y., Am. Exchange Bank.
629,000
War Bounty Bonds
Jan. 1, 1883
1865
1,000
357,000
7
M.
&
N.
do
Sainte Marie Canal bonds
do
May, 1890
1859
1,000
46,000
6
J.
&
J.
do
do
Minnesota—State BuildingLoan
July, 1879
1869
1,000
7
50,000
J.
&
J.
St. Paul, Treasury.
State Building loan, coupon
July 1, 1879
1873
1,000
7
250,000
J. & J.
do
Railroad Bonds (not recognized;
do
July
1, 1883
1858
1,000
2,275,000
7
J.
&
D.
Missouri—State bonds
Dec., 1887
1865 to ’66
i;ooo
439,000
6
J. & J. N. Y., Bank of Commerce.
Consolidated bonds
1883
1868
1,000
6
J. & J.
2,727,000
do
do
1888
University and Lunatic Asylum bonds
1872
1,000
6
401,000
c
J.
&
J.
do
do
State Bank stock refunding
July, 1892
1874
1,000
6
104,000
J. & J.
do
do
Bonds to North Missouri Railroad
April 1, 1894
1854 to '58
1,000
6
1,945,000
J.
&
J.
do
do
Bonds to Cairo A Fulton Railroad
1878 to ’88
1857 to ’59
1,000
6
304,000
J. A J.
do
do
Bonds to Platte
1878 to ’89
1859 to’60
County
Railroad
1,000
504,000
6
J.
A
J.
do
do
Bonds to Iron Mountain Railroad
1889 to ’90
1854 to ’59
1,000
1,361,000
6
J. A J.
do
do
Pacific Railroad of Missouri
1878 to ’89
1853 to ’59
1,000
6
2,971,000
J. A J.
do
do
1876 to’87
Funding bonds
1874
1,000
1,000,000
6
J. A J.
do
do
Renewal bonds, coup., 5-20s, (act Mch. 29, ’7i) 1875-6-7
July, 1894
1,000
4,350,000
6
J.
A
J.
do
do
Hannibal & St. Joseph Railroad
1895-6-7
1857 to ’75
1,000
1,518,000
6
J. A J.
N, Y., B’k N. America,
do
do
1887 to’95
renewal
1874
1,000
1,482,000
6
J.
A
J.
do
do
Nebraska--~Bond.s (act Feb. 14,1877) coupon...
1894-5-6
1877
1,000
549,267
8
A. A O.
State Treasury.
Nevada—State bonds
April 1, 1897
1871
1,000
160,000
9*2
& 10 Various
State Treasury.
Territorial bonds
1881 and ’82
1872
1,000
380,000
M. A S.
9*v
do
Neic Hampshire—War loan, coupon bonds
March,
1887
1864
1,000
600,000
6
M. A S.
Concord or Boston.
Sept., 1884 A ’89
Municipal war loan
1872
100 Ac.
6
2,20Pal00
J. A J.
do
do
State bonds
Jau., ’92 to 1905
1873
100 Ac.
500,000
6
J. A J.
do
do
New Jersey—War loan bonds, tax free
July 1, 1879 A ’80
186)
100 Ac.
700,000
6
J.
A
J.
Trenton
and
War loan bonds, tax free
Jersey City.
Jau., 1879 to ’84
1863
100 Ac,
900,900
6
J. A J.
do
do
do
do
Jan., 1886 to ’96
taxable....
1864
100 Ac.
595,400
6
J.
A
J.
do
do
New York—
Jau., ’97 to 1902
£6 ag X
1875
473,000
6 g. J. A J.
N. Y\, Manhattan Bank.
Oct., 1893
^070
1872
Under Art. 7, Sec. 3, of
1,562,900
6 g. J. A J.
do
do
Canal debt, <
July,
1887
1873
847,500
6 g. J. A J.
stitution, and Art. 7, Sec. 12.s
do
do
Jau. 1,1883
1873
4,302,600
6 g. J. A J.
do
do
July 1,1891
1874
25 s S'S
6 g. A. A 0.
2,000,000
do
do
Oct. 1, 1892
i

1
8
6
5
7
.
0
1342781 :
•

•

•

•

....

.

.

.

.

m.

.

.

....

....

....

....

,

,

.

_

m

«

....

....

-

”

.

'

;

"

Con-J

declined to

sign them and the question of a manda¬
compel him is d cidect in his favor The
assessed value of re d e3tate in 1877 was $138,104,847;
personal, $86,468,835. The gross revenue in 187? was
$2,606,351, and expenses, $2,719,412. State tax rate,
14* mills. (V. 24, p. 469, 519; V. 25, p. 90; V. 26, p.
315, 312, 463, 470, 523, 625: V. 2?, p. 41, 122, 200.)
mus to

Maine.—'The sinking funds ($911,186),
January,
1878, reduce the total debt to a net amount of
$4 ,962,464.
Valuation of total taxables in 1875,
$255,000,000; tax rate in 1877, 3 mills. For 1878,
trea-urer advises 3% mills.

Maryland.—The assessed valuation

1877

was

$478,468,028,

on

of property in
which the rate of taxation

17.* cents per

$100; receipts from railroad,
by the State was
$19' >,756. The State has largely assisted canals and
railroads, and holds $4,235,714 of stocks and bonds
ranked as productive, leaving $6,396,322 of deot
without any offset: the State also holds
$23,360,682
in unproductive securities.
was

canal and

other stocks owned

Massachusetts.— All interest on the funded debt of
Massachusetts is paid in coin.
The credit of
the

State stands

high in Lon Ion and

home.
reduced

at

During 1877 the funded debt was
$330,0.0.
The sinking funds m January. 1878.

$10,885,69 \ The Hoosac tunnel has cost the
State about $17,666,070,including interest
paid. Real
estate assessed m May, 1877,
£1,193,499,228,
were

against
$1,262,142 326 in 187 >; personal, including bank
shares, $507,78 ,5 4 in 1877, again-t $537,708,263
in 187^.
Deposit- in savings banks, November 1,
1877, $243,972,325; corporation property above real
machinery, $72,536,076
The loan to B.
H. & E. Railroad was secured by deposit of
$3,600,-

estate and

000 “ Berdell ” mortgage bonds, afterwards ex¬
changed for N. Y. & N. E. RR. stock, and had
a sinking fund of $1,027,879
January 1, 1875. (V. 23,
p. 354; V. 26, p. 40, 523.)

Michigan.—The debt has been largely diminished
iast few years. Assessed valuation of real
and personal property, 1877, $630,000,000, and tax
in the




rate2'i mills.

chase of bonds.

Surplus

revenue is

applied to pur¬

Minnesota.—All the State bonds are now held
by
the permanent school fund. Minnesota has refused
to recognize the “State Railroad bonds” of
1858
to the amount of $2,275,000. A
proposed constitu¬
tional amendment in 1877 provided for a settlement
with the holders, but was defeated
by a large

majority.

Taxable property, 1875, $218,855,743. of

which $45,162,467 was personal; in 1876,
$218,850,744,
of which $45,302,485 was personal; in
1877, $*.20,925,-

able $100,000 per year.
in 1877, $119,729,400;

Valuation of real property

personal $123,868,381; total,
$566,250,697, against $596,833,707 iu 1V76, and $612,731,094 in 1875. State tax, 3* mills.
New Yoi'k.—The following were valuations
and
tax rate for State purposes iu the
years 1859 and
1865, and from 1870 to 1877 :
Year.
1859

Real Estate.

Personal.

$1,097,564,524
1,158,32:,371
1,532,720,907
1,599,930,166

$307,349,155
302,552 314

State tax.

2*

4 53-80
431,28),278
7 41-156
State tax,
2 mills: tax for all purposes
452,6)7,732
5 79-120
in counties averages
1,644,379,410
147,248,035
9 g
17* mills. (V. 22, p. 63, 567; V. 24, p. 40, 170, 227.)
1,692,523,071
437,102,315
6 95-100
Missouri.—The equalized valuation of all real
1,750,698,918
418,608.955
7*
and personal property in 1377 was
$610,558,840. 1815
1,960,352,703
6
407.427,399
The tax rate is 40c. per $100 III 1877
1S76
$338,000 b mds.
2,108,325,872
357,9)1,401
3 11-24
nntuing were- in;t by sale of renewal bonds; 1877
3? 9,4 8.110
2,376,252,178
3 1-6
in 1678 $490,000 bonds mature and have so far
The general fund debt was
paid in July, 1878,
been paid ny
sinking fund. '1 he Hannibal & St. and ihe canal debt only, of about $o,000,0.-0. cow
Joseph Railroad provides for its own debt. (V. 22, remains. The
gross State debt, September 3 », 1877,
p. 83. 591: V. 23, p. 135, 397, 493; V. 24, p.
171, was $ln,957 01and town, county, and city debts in

63S, of which $45,141,659

321, 542; V. 27,

p.

was

personal.

200.)

Nebraska.— Of these the State school fund holds
$428,267. There are also £50.000 10 per c> nt “Grass¬
hopper” bonds of 1875, due Mar. 1, 1885, interest
paid J. & J. Real estate in 1677 assessed at $37,975,987; personal at $33,335,591; tax rate, 6* mills.

December, 1875, were $244,079,659. (V. 22, p. 63,
471; V. 24, p. 17, 49; V. 26, p. 18, 117.)

North Carolina.—North Carolina is
heavily burden¬
ed with debt, in proportion to her taxable
property.
Total property was assessed in
1876-7 at

$148,-

564,557; 1675, $152,516,023; 1874, $139,953,361
rl873,
$143 723 813.
Interest is paid on bonds issued
Nevada.—The debt of Nevada is hardly more than to North Carolina Railroad
($2,800,000), as the
nominal, as the bonds are principally held in State State holds $3,000.20o stock and receives div¬
funds.
idends thereon. Other interest in default. A
fund¬
ing bill passed the Legislature March, 1875, (See
New Hampshire.—The debt of New
Hampshire
Chronicle,
V.
20, p. 336,) but nothing was done
was created for war
purposes, and is being
under it.
In New York, bonds are
reduced. The Municipal loan of 1872 was gradually
classified
issued to thus :
“Old,” being those issued prior to
cities and towns, the proceeds to be
May 1,
applied to their 1361, coupons on
from Jan. ’69; “N. C. R. K.”
war debts.
Total valuation in 18.6,
$199,080,353. issue of $2,800,000 to that
Tax rate, $2 per $1,000.
road, coups, on since
Jan. & April, ’69; came
“coup, off” have had 7
New Jersey.—The debt was created for war
pur¬ coups, paid: “funding act ’66” carry
coups. Jan.,
poses, and is provided for by sinking funds,
’69;
“funding act ’68” carry coupons April,
which amounted Jan. 1, 1873, to
$1,453,435. Of the ’69. “ New ’’—authorized before war, except $1,500.first two classes of bonds the
principal is pay¬ 000 in 1868; “Special tax, 1st,” carry coup. April,

(V. 24,

p.

204.)

August

Subscribers will confer a

vii

SECURITIES,

STATE

31, 1878.J

great favor by giving immediate notice of any error

discovered in these Tables,

INTEREST.
Date of
Bonds.

DESCRIPTION.
For explanations see

notes on first page of tables.

North Carolina—RR.

and improvem’t bonds, old

Railroad and improvement bonds,
RR. and improv’t bonds, new (not
do
do
do

special tax)
1866
1868

Funding bonds, since war
do

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
Modoc war bonds
Willamette Canal and Lock

do
April 2
Stock loan of Feb. 2 (registered)
do
do
(coupon)
do
do
(registered)
do *
do
(registered)

do
do
(registered)
Agricultural College land scrip
Rhode Island—War bonds
—

-

South Carolina—State stock
State House stock
do
bonds

•Funding bonds and stock

Ridge Railroad bonds
Funding bills receivable
Payment of interest
Funding bank bills.
Conversion bonds and stock

Blue

,

Land commission bonds.
Fire loan bonds, sterling
do
stock, domestic.

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

Bonds registered, act of 1873.
Fundable bonds and coup, not

act)

of 1873—

yet presented

.

funded)...
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
Vermont— War loan bonds, coupon.
War loan bonds, registered. .
Virginia—Old bonds, % 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 .
do
do
reg.,
do
Deferred certificates (W. Va.)
Interest on sterling debt, funded (Act 1871)..
Interest unpaid Sept. 30, ’77, on debt proper.

69: “ 2d ” coup,
V. 21, p. 570; V.

of Oct. ’69: “ 3d ” coup. April, 1870.
23, p. 599, 615, 647; V. 24, p. 17,226.)

Ohio.—Ohio has

a

very

small State debt, but

large local debts, amounting in 1877 to

$39,3^8,5’ 9

against $36,059,978 in 1876.
Valuations in 1877
were : Real estate in cities, &c., $378,449,113; other,
$706,347,619; personalty, $490,594,810.
Total taxes
levied in 1877 *4,511,235 for State purposes, 2 9
mills, and $22,975,512 on all local taxes. (V. 21, p.
17.)

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

Pennsylvania,.—The new 5 per cent loan of $8,000,Total debt

000 was sold to take up maturing oonas.
Nov. 30, '77, $22,943,814; available assets.
net debt, $13,924,039.
No tax is laid

$9,054,910;
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 $159,318,817. and the tax was $574,817.
State
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. Interest has been paid in gold on
the State debt issued prior td 1867, but the bonds
paid off in 1877 were paid in currency. Any coupon
bonds may be changed to registered. Tne bonds
due in 1877 are payable at any time till 1882; those
of 1882 till 1892. (V. 24, p.414, 421, 469; V.26, p. 18;
V. 27, p. 149.)

Rhode Island.—The debt was all created for war
The
purposes and is being steadily diminished.
valuation of real property in 187G was $185,159,849,
and personal, $86,892,928, and tax rate 15 cents on

$100.
South Carolina.—The funding law approved Dec.
22, 1878, provided for scaling down the old debt by




2,383,000

1867

1868

....

1,000
1,000

1860

1856

100 &c.
100 &c.

2,417,400
1,711,400
383,045
44,000
11,407,000
4,072,640
2,400,000
26,500
130,991
160,000
8,000,000
400,000
395,000
87,000
2,556,250
367,000
90,400

/

1870
1877
1849
1852
1852
1867
1867
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

100 Ac.

1,000
1,000
50
500
50
50
50

Ac.
Ac.
&c.
Ac.
Ac.

1,000
1,000
1,000
Various
Various

1,000
50,Ac
1,000
1,000
1,000
500,Ac.
500,Ac.
500,Ac.

469,000

72,000
149,000
242,350
451,000
13,000
481,944
151,780
7,000

1873
1873

Various
Various

1874

1,000
1,000

Various.
Various.

241,257
4,023,000
149,254
4,797,608
6,617,000
661,000
460,000
396,000
75,000
697,000

Various

1,000
1872
1871
1872

1874
1874
1876
1862
1862
1851 to’66
1851 to’66
1851

1871
1871
1872
1872
1871
1871

1,000
1,000
1,000

34,000
137,000

500Ac )
Vari’s j
£100 Ac
*

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

Various
—

6,401,285
2,331,250
18,740,800
1,483,715
2,185,100
1,152,800
15,239,370
212,833

4,188,141

6
6
6
6
6
6
6
7
7
7
5
6 g5 g.

J.
A.
J.
A.

do
do

•

C

\

J.

Raleigh, Treasury.

Indefinite.

O.

New York.
do
*

Oct., 1898

O.
J. N.
J.
J.

gg.

g.
gg.

g.
ggg.

J.
A.

Pliila., Farm. A Mecb. B’k.

J.

A.
A.
A.
A.
A.

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

Columbia, State Treasury.

J.
J.
J.
J.
O.
O.
J.
J.
J.

do
do
do
Columbia and New York.

1877 to ’86
1871 to’80

do

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

do
do
do
do

<>

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

July'!*, 1868
July 1,1868

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

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

A
A
A
A

J.
J.

A J. N. Y., Fourth
do
A J.

1888

July i, i893
July 1,1893
July 1,

Nat. Bank.

.

1900

1875 to 1900
Various.

.

A J. N. Y., Fourth Nat. Bank.
State Treasury.
Various
M. A S. N.Y., Donnell,Lawson A Co.
do
do
J. A J.
do
do
J. A J.
State Treasury.
J. A J.
J. A J. New York A State Treasury.
J. A I). Boston, N. B. Mut. Red’n.
J. A D.
Montpelier, Treasury.
New York.
J. A J.
Richmond, Treasury.
J. A J.
J. A J.
London, Baring B. A Co.
J. A J.
Richmond, Treasury.
do
J. & J.
do
J. A J.
do
J. A J.
J. A J.
J. A J.
London, Baring B. A Co.

J.

g.

6

6
5
6
6
6
6
6

1891
1911
1892
March 1, 1904
1894

July,* 1906
Dec. 1, 1878
Dec. 1, 1890
1886 to ’95

At pleasure
••••••.1886
V

1905
1905

Contingent
1905

....

....

->

to .investigate bonds
were properly issued

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 met in May, 1878,
but the validity of the law creating the commis¬
sioners was questioned in the Courts, and the board
did nothing. In July, 1818, interest was paid on
those consols signed by Gov.
the committee held to be good; interest on bonds

Chamberlain, which

signed by Gov. Hampton was not paid. Total valu¬
ation of all property—in 1876, real estate. $86,187.120;
personal, $30,598,376;
railroad property,
$6,247,142, making a total of $133,132/ 38. In 1877
total was about $135,735,863. Rate of taxation in
1877, 7 mills. (V. 24, p. 199, 445, 495, 543, 557; V. 25.
p. 79. 641; V. 26, p. 68, 143, 232, 257, 420, 463; V. 27,
p. 141, 165.)
Tennessee.—The coupons of July, 1875,

i914

1875 to 1900

do

....

...

g.
g.
g.

1877-1882
1882-1892
1882-1892

Sept.* 1,‘

do
do
do

do
do
do

1877 to ’82

Feb.,
Feb.,
Feb.,
Feb.,

Harrisburg Treasury.

new bonds to the extent of 50 per cent, and
declared void the conversion bonds to the amount

was

April, 1879
July, 1882
July, 1882
Feb., 1877 to ’82

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

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

A
A
A
A
A
A
A
A
A

1884
1880
1880
Feb. 1,1902

do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do

J.
J.
J.

giving

of $5,965,000. A committee
and ascertain what consols

1898 to’99

July, 1881
Jan., 1887

Y., American Exch. B’k.
do
do
State Treasury.
do
do
do
do

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

Jan., 1900
Oct., 1898

do

....

g.
g.

1868 to ’98
1868 to’98
1868 to ’98
1868 to ’98

do

A J.
A 0.

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

5
6
6
7
7
7
10
6
6
6

500,000

100

do

A. A O.

5, 5*4, 6

1,000,000
1,153,974
1,564,000

1,000
500,Ac.
500,Ac.

A J.

6

6
5 A 6

16,194,000

Various.

J. A J.
A. A O.

J.

Due.

and by

New York.

6
6
6

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

723,950
500,000
975,000
200,000
631,000
738,000
17,411
289,172
192,000
238,933

1,0*00

Payable

4^g.

9,251,850

Where Payable
Whom.

When

Rate.

1,695,000

Dec., 1873

Bonds, registerable, not presented
Held by E.T. University (not to be
Texas—Funding State debt (act May
.

1,000

....

Pennsylvania—Peg. bonds, tax fr., (red’ble ’92).
Inclined plane loan
Coupon loan (except $53,000 reg.), April 2—

War bonds
do
do

$4,738,800
3,639,400

1,000
100 &c.
100 &c.

Principal—W hen

Amount

outstanding.

$500Ac.

500 &c.

old.........
do

Size or
par
Value.

together

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 1877 was about $316,000,000,

against $257,632,0( 0 in 1876. Tax rate, 50. From the
last Comptroller’s report, for the fiscal year 1875-6,
we

have tne following statistics:

Total value of taxable property assessed. $257,632,009
State tax
1,288,249
Poll tax
211,034
Miles of RR. in the State ass’d for taxes...
1,493

Value of railroads, &c

;
55,950,038 acres of land assessed at
.

Value of lot8 assessed in the State

....

$16,577,508
110,288,629
45,674,101

(V. 23, p. 452; V. 24, p. 535; V. 25, p. 115.)
Vermont.— This State has a very small debt—all
created for

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

$135,500

war

are

with those of

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

State’s endorsements for railroads are $1,802,000, of
which $1,560,000 is taken care of by the roads.
Bonds to amount of $75,000 were over-due in 1876,
and $80,000 more fall due in 1877; these are fund
able at the option of the Legislature.
Later
statement, V. 25, p. 477.
Total valuations in 1877

Virginia). The act of 18i2 amended that of 1871
by not allowing coupons to be rereived for taxes.
The sinking fund holds $5,145,211 of State bonds
All interest overdue Septem¬
and certificates.
ber, 30, 1877, was $4,188,141, and the to al principal
of debt proper $29,350,816.
Assessed value of
real estate in lb76 was $242,756,548. against $251,-

July, 1874, and January, 1875, re¬
maining due, were paid in
September, 1876.
The debt of solvent railroads, January, 1877, was
$3,458,145, and total debt, less that amount,
$22,852,011, including $129,020 outstanding war¬
rants and
$2,088,746 past-due interest, against
which $95,636 is owed by solvent railroads. The

$2.6.0tO,COO; total in 1876, $278,020,534, against $289,038,583 in 1875. The rate of taxation was reduced
from 40 cents on the $100 to 10 cents by the Legis¬
lature, 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. 25. p. 458, 477, 585, 619, 632; V.
26, p.
V. 27, p. 42, 165.)

573,611 in 1873.

Personalty in 1876, $78,560,940.

Tax rate, 5 mills. A case involving the taxation,
of consols is on appeal to the U. 8. Supreme Court.

funding bill was passed in 1878, which will
probably never be earned out. (V. 26, p. 266.)
(V. 23, p. 599; V. 25, p. 138, 256. 585: V. 26, p. 68,
135, 181, 209, 232, 342, 359, 384, 420, 524.)
A new

viii

CITY
confer

a

DESCRIPTION.
For explanations

see

notes

on

Date of
bonds.

first page of tables.

Y.— Albany & Northern Railroad l’n
Relief of drafted men
Purchase Congress Hall Block

City improvement

Size

New Post Oifice site

1874

High School

1875

g^ock

1851 & ’52
Addit’nal supply ($400,000 due i900-3
are 7s)
1874-’77
Western Avenue improvement bonds
1877
Bonds loaned to Albany &
Susquehanna RR..
1865
Augusta, Oa.—Bonds for various purposes
Various.
City bonds, tax free
1876
Baltimore— Consolidated loan of 1890
Various.
Doan of 1877,
reg. stock redeem, at will
1877
Consolidated bounty loan
1863
Exempt bounty loan
1865
Public parks (Druid Hill)
1860

Park improvement loan
Five million loan to Baltimore A
Ohio RR....
One million loan to Pittsb. A
Connellsville RR
New City Hall
do '
do
do
do
Consolidated loan
Court house loan

1863
1853
1853
1868
1870
1874
1864

Funding loan

1870
1874
1872
1872
1873

do

Western Maryland Railroad
Jones’ Falls
Valley Railroad
Patterson Park extension
Water loan ($263,000
only are 5s)
Endorsements for Western Maryland RR
do
do
Union Railroad

Bangor, Me.—City debt
Municipal loan

250 Ac.
500 Ac.
100 Ae.
100 &c.
100 Ac.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 Ac.
100 Ac.
100 &c.
100 &c.
100 Ac.
100 &c.

100 Ac.
•

1872
1874

•

proper

Water loan bonds,
coup. (Act Feb. 22, 1875)
European & North American Railroad
Bangor & Piscataquis Railroad
Bath, Me—City notes
Funded debt
Railroad loan

.

•

•

•

100 &c.
100 &c.
•

•

•

1858 to ’72 100 Ac.
1874
1,000
1875
500 Ac.
1869
1,000
1869
1,000
Various

Various.
Various.
Androscoggin Railroad
Various.
Knox & Lincoln Railroad
($23,750 each year)
Various.
do
do
Various.
.Boston—For city purposes, war debt. Ac
1852 to ’64
do
1,000
do
do
1864 to ’77
Burnt district,
1,000
sterling loan
1873
£100Ae
loan.
1869
£100Ac
1860 to ’64
1,000

Consolidated street improveni’t,
sterling
Roxbury debt, assumed
Dorchester debt, assumed
1861 to ’69 Various.
Charlestown debt, assumed
1862 to’73 500 &c.
Mystic water debt, assumed
1862 to ’76
1,000
Brighton debt, assumed
1868 to ’73 Various.
West Roxbury debt, assumed
Various.
Waterloau, new main.Brookline Reservoir...!
1858
do
1,000
Chestnut Hill reservoir
1867 to’71
renewal of loan due
’70-71, all reg.
1871
do
’72-73

Water works, Roxbury,
'

do
do

1872
£100 Ac
coupon and registered 1868 to ’70
1,000

Roxbury A Dorchester
Dorchester, all registered
W. Roxbury &
Brighton, all

do
do

do

1871 to ’74
1871

1865
1867
1866
1865
1866
1867
1862
1S67
1867
1869
1870

Third street improvement
loan, local

Gowanus canal improvement
loan, local
Bushwick avenue
do
do
do

Wallabout Bay

do
do
do
do
do
do

do
do
do
do
do

do
do
do
do

Kent avenue basin
do
New Ybrk Bridge
loan, registered and coupon
Bonds for N. Y. A
Brooklyn Bridge, cp. or reg.

Albany.—The loan

to

Albany '&
is secured by 1st
mortgage.
The
property in Albany

of

County in 18)6, by local as¬
sessment. was: Real
estate,
; personal,
$5,30 .151; total, $52,310,049. $47,039,898
In 1876, total equal¬
ized
valuation by State
Board,
rate, 2-49.

$58,460,770.

Tax

Augusta.—Of this debt, $600,000 was issued for
railroads, and balance for canal
enlargement,
waterworks, Ac. Most of the debt
is held at

home.
Taxable
$1 £8 per $100.

valuation, $14,401,000; tax rate,

Baltimore.—The fiscal

year of Baltimore ends
December 31. instead of Oct. 31.
The
sinking fund for Baltimore & Ohio RR.
$5,000,000
loan is $;.958,613; West.
Marylaud Railioad sink¬
ing fund, $166,180; and
the
total of all the
sinking funds, $8,640,411. The Balt. & Ohio RR.
pays interest on%5,000,000 loan; Water loan is
paid
by income of water works, and Public Park
by City
Passenger Railway, and out of a total debt
of
$34,092,905, $19,741,853 is dependent on the tax
levy. The net debt over productive assets is
given
at i9,25 ,445,
against which are held $4,889,772 of
unproductive assets. The estimates for
1878, owing
to the change in the fiscal
year, will cover A months
instead of 12 mon hs as
formerly. The basis of
taxation is f*255,000,1)00. The
amount required to be
raised, including the
Less ihe floating debt floating debt, is $1,879,639.
($1,179,7.6) tbe amount re¬
quired is $3,399,913. The tax rate to cover
fourteen
months is increased fr m
$1 75 to $1 90on the $100.
Stite taxes h viug been
increased from 11!* cents
to 183* cents on the
$100, the total is therefore nnow

with

creased of citv and ^tate taxes
from *1 92!* It. '977
to $2 08& on the




1876-’78

Susquehanna
valuation

$100. Population in 1870

was

267,-

1,000
„

M

reg 1875 to’77

1876
reg...
Additional supply water
1872 to ’75
Various purposes, for water works
1871 to ’74
Water loan bonds,
gold, coupon or reg
1875-’76
Public park and school
buildings, registered.
1877-’78
Improved sewerage, registered
1877-’78
Brooklyn—Debt of Williamsburgh, local
iuipr’t 1859 to ’61
Brooklyn local improvement loan
1861
Mount Prospect Square loan
1857
Soldiers’ aid fund loan

South Seventh street
Union street
Fourth avenue
do

1,000

! i

do
do

....

1,000
1,000
1,000

1,000
1,000

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

491,000
624,000
118,000
80,000
250,000

900,000
165,000
128,500

7,306,546
5,000,000
2,211,068

936,661
92,400

800,000
609,200
1,015,300
200,000
1,549,600
1,375,000
117,000
156,000
100,000
375,000

1,000,000
814,000
104,588

&
&
J. &
A. &

May 1,1879 to’85
Feb., 1881

Feb. 1, 1893-1912
Feb. 1,1912
1895-’97
1878 to’89
1900

do

New York.

Augusta.

July 1, 1890
July 1,1916
Sept. 1, 1893
Sept. 1,1893
Sept. 1,1890
Jan. 1,1895

Jan. 1,1890
Jan. 1,1886

July 1,1884
April 15,1900
March 7,1902
1885
At will.

July 1,1900

Feb. 1,1894
Jan. 1,1902

April 9,1900
Oct. 31,1886
March 8, 1892
July 1,1894

J.
J.

J.
O.

Various
& J.
Various

Balto., N. Mechanics’ Bank. Jan.

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

Bank.
Boston, Merchants’ N. B’k.
Boston or Bangor.
Boston, Mereh’ts’ Nat. B’k.
do
do
do
do

July 1, 1905
Jan. 1,1894

April 1,1899

City Treasury.

1878 to 1879

do
do

July 1, 1887

City Treasury and Boston.
do
do

do
do

Various Boston, Treasurer’s Office.
Various
do
do
A. A 0. London,
Baring Brothers.

J.

1 ’90 A 1900
Jan 1,1895
1878 to ’92
Jan. 1,1894

Baltimore, Franklin

J.

& J.

1883 to 1898

April 1, 1891
July 1,1880 to ’99
Feb. 1, 1902
1878 to ’87
1878 to’97

April, 1893
July, 1899

do

Various
Various
Various
Various

5 g.
6
6
5 g.
6
6

Various
A. & O.
A. & O.

do

J.

do
do
do

& J.

A. & O.

6
6

Various
Various

5 g.

A. A O.

4*2

Various

Various

5
6
7
6
7
6
7
7
7

7

6& 7

i

1878
1878
1882
1881
1878
1878

do
do
do
do
do
do
do

A. & O.
J. & J.
M. & N.
J. A J.
J. A J.
J. & J.
J. A J.
J. & J.
J. & J.
J. & J.
J. & J.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.

354, against 212,418 in 1860. (V. 22,
p. 589; V. 23, p.
514; V. 21. p. 12; V. 25, p. 137, 334.)
Bangor, Me.—The valuation of real and personal
property is $11,052,211; rate of taxation,
2 50 per
cent.
The
loans to European & North American
Railroad and to Bangor &

Piscataquis Railroad

secured by first mortgages
on those roads.

are

Brooklyn.
do
do
do
do
do
do
do
do
do
do
do
do
do
do

April, 1901
Oct., 1902
1880 to’99
1901 to 1903
Jan., 1901
1905 to 1907

April, 1906

1902 to 1905
1901 to 1904
1905 A 1906
June A Oct., 1887

Oct., 1897

3
00
CD

c3

1879 to ’81
1891
1887
1885 to’94
1881
1878 to 90
1878 to ’90
1878 to ’90
1878 to’86
1878 to ’95
1878 to ’95
1878 to ’90
1879
1901 to ’24
1907 to 1912
.

>>

te*
o
o

_

I'd

t-> j

W

a

**

§

£

©PQ
A
P

J

o

Placing the tax to be paid to the State at $412,740
the tax warrants exhibit the
following result:
1877-8.

City and County
State, 1817

1878-9

$8,135,104
619,119

$7,466,410
412,740

$8,754,214

$7,879,150

,,

Bath,

Me.—Total debt, $1,130,688, of which
$1,513,600 is on account of railroads. The
city
holds a rst
mortage on the Androscoggin
for the debt, and 2d and 3d
road
mortgages on the Knox
& Lincoln for its
proportion of $895,0 )0 out of a
total of $2,395,000 bonds issued
by several cities in
:

aid of the latter road.

Unexpended balances

of

appropriations and a per cent on city debt are
ap¬
propriated annually to the liquidation of the
princi¬
pal. Tax valuation, 1871, $6,469,480;
1876, $7,221,905.
Boston.—The population of Boston in 187u was
292,497, against 177,840 in 1860; in 1875 it was, 341.919.
Valuation of real property in 1878,
including the re¬
cent annexations, was
$440,336,300, against $481,409,300 in 1877; and
Dersonal, $190,060,909. against $205,4 3,400; upon which the rate
of taxation is $12 80
per $1,000, against
$13 10 per $1,000 in. 1877.
The total funded debt April
30, 1378, was $42.457,< 22.
and the sinking
funds, bonds, mortgages, Ac.,
$16,297,245. The following is a comparison
of the
appropriations granted by the City
estimated income to be received for Council, and
the fiscal year
ending April 30, 1879, compared with 1877-8:

Appropriations.

1877-8.

187^-9.

Income

$10,26 \258
2,369,100

$9,555,692
2,306,950

Per centage

$7,898,158
236,946

$7,248,942
217,458

$8^35,104

The Auditor estimated that if the
assessed valua¬
tions were reduced to
$660,000,00 ', the tax rate re¬
quired would be nearly the same as in

187?, when it
the total valuations, as
actually made $630,421,200. (Y. 26, p.
39; Y. 27, p. 40.)
was

$13*10

above,

$1,000;

per

were

Brooklyn.— There are also $27,000 7 per cent
Nat. Guard bonds due 1880-81.
The' Mayor’s
message, January 1, 1818, made the whole
city debt
as follows:
Permanent loans

$28,113,500

Sinking funds

4,660,747

Balance

$21,452,752

King’s Co. debt (City’s share)
Loans
chargeable

Tax certificates

on

specified property
..

Total net debt

.

3,331,180
10,923,000

2,500,000

$40,706,932

—The debt increased in 1876
$781,623, and in 1877
$659,382. Population in 1870, 396,200.
against 266,661

in I860.

$7,466,410

to’94
to’81
to '91

Oct., 1878

do
do
do
do
do
do
do
do

do
do
do
do
do

to’84
to ’81
to ’93

1880 to 1901

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

5 & 6
5 g.

6
7
7
7
7

do
do
do
do
do
do

A. & O.

6

,

3,452,000
550,000

3,000,000
3,150,000

& A.

J.
& J.
& J.

J.

6*2 & 7
6*2 & 7

700,000
465,000

236,000
216,000
258,000
260,000
190,000
206,000
198,000
427,000

New York.
do
do
do
do
do

& A.
& A.
& N.

Various

5 & 6
5 & 6

1,947,273

302,000

Boston, Merchants’ Bank

5, 5*2, 6 Various Boston, Treasurer’s Office.
7
Various
do
do

688,000

213,000
90,000
552,000

May, 1879
June, 1880 to ’84
Feb., 1885 to ’94
March, ’79 to 1900
Nov., 1910,11,’12

do

&

J.

6
6
6
6
6
5 g.
6
5 g5 g-

3,521,800

143,000
138,000

J.
J.
J.

6

112,500
193,000
425,000
475,000
243,000

New York.

do
Q.-J. Balto., Farm. A Plan. Bank.
M. A N. Balto., N. Mechanics’
Bank.
M. & S.
do
do
M. & S.
do
do
Q.—M.
do
do
Q,—J.
do
do
Q.—J. Balto., Farm. A Plan. Bank.
J. A J. Balto., N.
Mechanics’Bank.
Q.-J. Balto., Farm. A Plan. Bank.
Q.—J.
do
do
Q.-J.
do
do
Q.-J.
do
do
Q.-J. Balto., N. Mechanics’ Bank.
Q.-J. Balto., Farm. A Plan. Bank.
J. & J.
Baltimore,Register’s Oifice.
J. & J. Balto., N.
Mechanics’ Bank.
do
Q.-F.
do
A. A O.
Baltimore,Register’s Office.
M. & S.
do
do

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

2,000,000
1,000,000

Due.

whom.

Various

6

500.000

Principal—W hen

Where pavable and by

A. & O.

6
6
6
6
6
5
5

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

370,000
100,000
648,000
366,000

F.
F.
F.
M.

6
6
6

5,000,000

375,000

& N.
& D.
& A.
& S.
& N.
& N.
M. & N.

5

410,353
555,566
185,723

14,288,500
4,997,603
3,449,199
392,300
104,500
1,060,000
1,228,000
183,641
410,000
394,000
2,040,000

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

6
6
7
7
6

1,000,000
1,886,250

'

Payable

6
6
6
7
6 & 7
7
7
6
6 & 7

46,000
150,000

-

When

Rate.

$237,000

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

1870-’71
1870-’77

Washington Park

outstanding.

I $1,000

1854
1864
1866

INTEREST.

Amount

or

par

value.

Albany, N.

e

[Vol. xxvii.

great favor by giving immediate notice oi
any error discovered In these
Tables.

,

Subscribers will

SECURITIES.

Valuation o* property in 1877, by the local
assessment, was $216,481,801 for real estate, and

August

CITY SECURITIES,

31, 1878.]

Subscribers will confer

great favor by giving Immediate

a

DESCRIPTION.

Date of

Size or
par
Value.

Bonds.
For

explanations

see

notes

on

first page of tables

Brooklyn—( Continued)—
Prospect Park loan, registered and
Prospect Park loan
Deficiency bonds

coupon

...

Permanent water loan
do

do

Sewerage fund bonds, continuous, local

do
Assessment fund bonds,
r

do

S’tb

bonds..

6217581
-

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

Fire loan bonds, coupon
Conversion bonds, to redeem past due debt...
Chelsea, Mass.—Funded debt
Funded debt

m

m

m

.

_

.

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

»

.

-

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

1,000
500 Ac.

'

1,000
1,000
1,000

162,000

m

m

m

m

m

....

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

.

m

m

^

500,&c.
1,000
1,000

.

Sewerage bonds
do

^

River improvement bonds

500 &c.

r,

1,000
1,000

....

Municipal bonds
Municipal and School bonds

m

m

^

500 &c.
South Park loan (secured on South. Div.)
West Chicago Park (secured on West. Div.)...
1870
1,000
Cook County debt
1863 to ’72 500 Ac.
Cincinnati- Loans to Railroads.F, A, G,H,I& M 1844 to ’54
1,000
Bonds to 0.& M. RR. to purchase whf. prop.N
1855
1,000
Bonds for erection of a Workhouse
1868
1,000
Bonds for Water Works
C2AC3
1868
1,000
Bonds for Common School purposes
1860
to
’61
P
1,000
Bonds to O. A M. RR. to purchase whf. prop. .N
1855
1,000
m

m

^

ra

•

•

•

•

1847 to’50
to ’48
SAS2
1867-’68
for funding floating debt
1853
L
Extension and improve. Water Works...K &F
1853
Bonds to purchase Orp’n Asyl. grds. for park.O
1858
Bonds for sewerage
1869
R
Bonds for improving Gilbert avenue
1869
U
Bonds to build Eggleston avenue sewer... .B3
1869
Bonds for improvement
W
1871
Bonds for Water Work purposes
C4AC5 1871-’72

W..C, D. &E

A2 1847

General improvement
W2
Cincinnati Southern RR
do
do
do
do
($3,142,000 are gold 6s)
do
do
(for $2,000,000)

Floating debt bonds,
Park

coupon.

improvement

1

Water-works bonds

Dl

Hospital bonds
Street improvement bonds, short

500 Ac.
500 &c.

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

$13,111,215 for personal; total real and personal,
$229,593,016, against $227,013,123 in 1876. The debt
Kings County, separate from the debt of Brook¬
lyn, is $4,181,821, of which the city is responsible
of

for nineteen-twentieths. Average tax rate in
1877,
$3 17 per $100, against $3 25 in 1876. (V. 24, p. 63;
Y. 25, p. 358; V. 26, p. 282.)

Buffalo.—The funded debt, January 1, 1877, was
$4,126,250, exclusive of water bonds, and floating

debt, $333,273.

In 1875 real and personal property
$39,968,105; in 1876 rule of valua¬
tion changed and assessment was $111,995,905. In
1877 real estate was $91,130,870; persona’ty, $8,844,706; total, $99,975,575. Buffalo also pays 7-10 (being
$712,390) of Erie county debt. City tax-rate, 1877,
$12 43 on the $1,000. Since June 1, 1877, coupon
bonds have been exchangeable for registered. (V.
22, p. 233, 521; V. 23, p. 135.)
were

assessed at

Cambridge, Mass.—The sinking funds amounted

to $711,387, December 1, 1^76. The investments are
nearly all in city b jnds at par and stamped “ not

negotiable.”

Only $52,000 debt

47,838.

Charleston, 8. C.—The bonds of Charleston are
mostly held within the State of South Carolina.
The assessed value of real estate in 1877 was $18,669,-

623; personal, $7,922,155; rate of tax, $2 60
(V. 26, p. 860.)

per

$100.

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

500 Ac.

1878
1874

1,000

1,000,000

"7

1,000

50,000

1,000

300,000
50,000
307,500
1,700,000
1,431,000
315,000
264,000
409,000
200,000
647,259

7
7

•

1,000

1875
1875

1876

6,000,000 6g.

«...

—

5

7

or

•

-

-

.

£•

,

7*3

A
A
A
A

6

?[iient
undeddecision
city scrip
Of the
the
debt, held
$4,540,000
is of 1877 valid. of
on

YpAr

1860
1862
1366

1869

1870...

1873

1874
1375
1876
1677

.

account

yielded

income

an

Assessed Value.

'

1653

year

,

Tax

Real Estate.

Personal.

Rate.

$13,130,677
2!.637,500
25.892,303

$3,711,154

$....

31,198.135

31,587,545
66,495,116
140,857,040
174,505,410
211,3 1,240
223,643,600
236,898,650

5,355,393

5,843,776
5 855,377
5,552,300
19,447.941

51,392,604

1881 to 1908

p

3 years
3 years
3 years

2 oS ©

2

P*
S3

®
GG

H

CQ

from date.
from date.
from date-

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

8*

•

Buffalo and New York.
Buffalo.
Buffalo and New York.
do
do

N. N.
J.

July 1, 1896
Prior to 1936

July 1, 1878-’81
July 1, 1879-’82
1878 to 1882

April 1, 1889
Jan. 1, 1893
Jan. 1,1881 to ’96
Jan. 1, 1903-4-5
Apr.A Oct. l,’84-5
July 2, 1886
July 1,1881 to ’96
Aug. 1, 1883
Apl. 1,1887-1895
-

May, 1889-1891
1878 to ’98

1883 to ’84
1890

do
do

May 15, 1904
Jau. 1, 1896
Aug.,’85, ’90 A’95

do

May 1, 1906

Y., Am. Exch. Nat, B’k.

A.

N.

do
do
do

20 00

13
14
15
15
10

00

1879
1878
1887
1894
1878

’95
’94
’92
’96
to’88

to
to
to
to

1878, ’83 A ’84
1878 to ’92
1878 to ’84
1878 to ’86
1878-’87

In July, 187*, coupons on West Park bonds were
paid in Chicago, instead of New York, but payment
in New York is promised hereafter.
(V. 23, p. 622;
V. 24, p. 443; V. 26, p. 192, 289, 436, 522.)

Cincinnati.—In

addition

to

the

issues

above

named, there remain several smaller amounts, as fol¬
lows: $108,000 58, November, 1834; $56,000 (YY2, &
O.) 6s, 1886-88; $17,000 6s
6s (A.), Mar., *.697; $50,000 v—„ —
Aug., 1897; $50,000
(Z.), Nov.. 1838. By the census of 1870 population
was 216,239, against 161,044 in 1860.
Tax rate for
1877, $29 10 per $1,000. The following table from
„

the books of the Auditor of Hamilton County,
Ohio, exhibits the assessed valuation of the city of

Cincinnati in the year 1860 and from 1870 to 1877:
Rate tax
Total
Real
Personal
per
estate.
valuation.
Year.
estate.
$1,000.
I860..

15 00

1870..
1871..
1872..
1873..
1874..
1H75..
1876..
1877..

$61,620,904 $31,411,812
78,736,482
57,370,754
123,427,888
56,9:34,044
119,621,856
55,462,410
121,479,280
64,166,460
128,231,790
58,7.8,284
125,9(6,835
58,521,730
127,143,900 56,809,066
123,820,270 ’ 50,609,872

$93,032,716
136,107.236
180,361,932
175,084,296
185,645,740
181,950,074
184.498,565
183,952,966
179,430,142

$17 45
31
22
20
23
23
28
27
29

60
20
10
06
38
82

262,969,820

53,939,469
54,6**3,640
52,312,950
52,847,820
45.042,540
49,103,175

18 00

—The

258,549.310

45.155,830

18 00

!

48.295,641
36,815,7H
34,715,834

18 00

Cincinnati Southern Railroad, which is leaded 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.

239.154,890

25,468,605

131,222,460
113,684 314

00
00

00

00
15 00

18 00

Chelsea, Mass.—Sinking fund, $45,800, and $21,000 Population in 1870 was 306,605, and in October, 1876,
to be added annually. Tax valuation,
1876, $17,769,- 407;66l, against 109,260 in 1860. The So. Park, West
530; rate, $1 70.
Total debt, $1,729,409. Popula¬ Chicago Park, and Lincoln Park loans are not
tion, 1875, 20,737.
debts of the city, but of distinct corporations.




.

•ra aj

....

,

which last

,

Various N. Y., Am. Exch. Nat. B’k.
do
do
Various
do
do
Various
do
do
Various
do
V arious
do
do
do
J. A J.
do
do
Various
do
do
Various
do
do
Various
do
do

6 & 7
6 & 7
7
7
6 & 7
7
6 & 7

1915 to ’24
1915 to ’24

1

A. A O. Boston, N. Bk. Redemption
1879 to 1883
do
Various
do
1879 to 1895
F. A A.
do
do
Feb. 17, 1883
F. A A.
do
do
Aug. 1,1891-’97
J. A J.
New York and Boston.
1878 to ’97
J. A J.
do
do
July 1, ’82. to ’95
J. A J.
do
do
July 1,1880
J. A J.
do
do
1880 to ’95
J. A J.
do
do
1890 to ’95
J. A J.
do
do
July, 1895 A ’96
do
J. A J.
do
1881 to ’99
do
do
J. A J.
1878 to ’79
J. A J.
New York (see remarks.)
1890
M. A N. N. Y., Metropolitan Bank.
May 1,1880-’92
Various N. Y., Am. Exchan £;e Bank.
1880 to’84
M. A N.
c .0
do
Nov., 1885
J. A D.
do
do
June, 1888
Various
do
do
1888 A 1889
J. A J.
do
do
Jan., 1890
do
M. A N.
do
Nov., 1890
A. A O.
do
do
April 1, 1895
M. A N.
do
do
March, 1897
do
do
1897
Various
J. A J.
do
do
Jan., 1900
do
Various
do
June A Oct., 1900
M. A S.
Cincinnati.
March, 1908
M. A S. N. Y., Am. Exch. Nat. Bk.
Sept., 1899
M. A S.
do
do
Sept., 1899
A. A 0.
do
do
Oct., 1899
M. A S.
do
do
March 1,1886
F. A A.
do
do
Aug., 1886-’97
J. A D.
Dec. 1, 1891
do
«
do
J. A J.
do
do
July 1,-1902
J. A J.
do
do
July 1, 1902
M. A N.
New York or London.
May 1, 1906

Chicago.—The total funded debt Jan. 1, 1878. was
$13,361,000.
Old certificates of
indebtedness,
$485,513.
Revenue time
warrants, $2,784,133.
Assessed value of real propertv, 1877, $113,634,314; personal, $34,715,834—total, $148,400,148. Tax
rate, 1877, 2*704. This is the Illinois State valuation,
and the cry debt is limited to 5 per cent of that. A
decision of the Ill. Supreme Court in Feb
1878,
held the certificates of debt issued prior to May,
1877, as in violation of this and void. A subseWater Works,
of $842,352.

•

Due.

Various
Various
J. & J.
N. Y., Gallatin N. Bk.
M. A 8.
Buffalo A New York.
J. & J.
do
do
J. & J.
do
do
Various Boston, Bank Redemption.
A. & 0.
do
do
J. & J.
Boston, Tremont Bank.
J. & J. Boston, Bank Redemption.
J. & J.
do
do
A. & 0.
do
do
J. & J.
do
do
J. & J.
do
do
F. & A.
do
do
A. & O.
do
do
M. & N.
do
do
Charleston.
Q.-J.
Various
do
J. & J.
New York City. -

M.
J.
F.
M.

7

1,010,463
111,000

-

•

do
do
do
do
do
do
do
do
do

Various

1,335,441
1876-77

Brooklyn.

Various

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

500 Ac.

matures before

1881.
Tax valuation, 1875, $66,623,014; 1877, $55,00X000. Total debt, $4,805,175. Population, 1875,

87,000
2,550,000
2,621,000
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

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

5^

1874
1876

1872 to’74
1874 to’76
1864 to ’71
1868
1860 to’76

Infirmary and River dredging

3,660,000

J.

5

Principal—When

Payable and by
Whom.

J.

-

1871
1872-’74

Cleveland—Water works ($225,000 are 6 p. ct.). 1854 to’75
Funded debt ($100,000 are 6 p. ct.)
1854 to ’74
Lake View Park
Canal and canal lock
School ($294,000 are 6 p. ct.)
House of Correction
Main sewers, special assessment
Street improvem’ts do
Street openings, &c. do

3,898,454
51,500
266,800
500,000
149,000
1,170,000
100,000
200,000
880,000

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

Where

Payable

7
6
7
6
7

1,510,500

199,493
232,382
106,000
100,000
150,000
1,597,000
689,000
514,000
100,000
698,000
55,000
485,000

When

Rate.

319,000
9,706,000

100,000

500 Ac.

do

for ext. ana impr. Water
for funding floating debt
for new Hospital

1

1,000

1853 to ’54
1866

Water loan
Chicago—W ater loan
Water loan

Bonds
Bonds
Bonds
Bonds

(outstanding.

1,870,000
200,000
4,744,000
618,000
842,000
2,950,000
2,147,250
1,000,000
750,000
2,829,382
100,000

Boulevard bonds

discovered In tbese Tables*

INTEREST.

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

B’klyn

error

Amount

$8,017,000
1,217,000

1870
1873
1876 to ’78
Temporary tax certificates
Buffalo, N. Y.—Funded debt bonds...
1853 to’75
Buffalo & Jamestown Railroad
1873 to *75
Buffalo New York A Philadelphia Railroad... 1871 to ’73
Water works bonds
1868 to ’76
Water bonds, coupon
1876
Park bonds (Act May 17,1875)
1
1876
Tax loan bonds
1876
Tax loan bonds, coup
1877
Cambridge, Mass.—City bonds.
1858 to ’63
City bonds
1864
do
1863
do
1856 to ’76
do
1873-’74
do
1874-5
Water loan
r:
1866
do
1866 to’76
do
1865
do
1867 to ’75
do
1869-71
ay. sewer

notice of any

1860 to ’73 $1,000
1860 to ’72
1,000
1872
1,000
1857 to ’72
1,000
1872 to’75
1,000

continuous, local....

Central and Knickerbocker

1

ix

04
10

city is the sole owner of the stock of the

27, p. 94, 172.)
Cleveland.—The valuation of property foi taxation
1877 was $51,732,029 real, and $19.296.122 personal;
tax rate, 1878,17 17-20 mills, of .which 8 1 -5 mills are
levied for interest and sinking fund. The sinking
m

CITY
Subscribers will confer

a

great favor

DESCRIPTION.
For explau ations

see

notes

on

by giving immediate notice

Date of
bonds.

first page of tables.

SECURITIES.

Size

Cleveland—( Continued)—
Viaduct (mostly F. & A., A. & O. and J. &
D.) 1873 to ’77 $1,000
Bonds

City bonds

....

do
do
Water loan
do
do

....

....

....

....

....

Fitchburg, Mass.—City notes

....

City bonds

....

....

1,000

1,000

do

;

City bonds (H. P. &F. RR.)

Park bonds (4 of these bonds
Funded debt

....

....

are

for

$500 each)

....

Capitol bonds
Holyoke, Mass.—City notes
City bonds

....

....

<.

•

•

414,000
250,000
125,000
475,000
202,000
500,000
130,000
300,000
1,000,000
227,000
243,000
250,000
226,500
155,000
500,000

100 &c.

1,000
1,000
1,000

1,000
1,000

1871-’74
1874
1,000
1872
1,000
1873
1,000
1869 to ’70
500
1877
1,000
1873
1,000
1874
1,000
1874
1,000
1875
1,000
Purchase-money bonds—Southern Park
1874
500
School bonds—By Board of School
Comm’rs.
1873
1,000
School loan, coup
1877
1,000
Jersey City—Water loan bonds, mostly coupon. 1852
to ’67
1,000
Water loan bonds,
mostly coupon
:
1869 to ’73
1,000
do
do
do
1877
1,000
Forty-year bonds
1873
1,000
Improvement bonds
1871
500 &c.
do
do
1872 to’74
1,000
Morgan street dock
1870
1,000
City bonds, coupon
Various.
1,000
Funded debt bonds
1872
1,000
Hudson City bonds
Various. Various
Bergen school loan bonds
1869
l,000&c
do
sewerage bonds
1869
l,000&c
do
improvem ent and water bonds
1869
l,000&c
do
bounty loan
Various. Various
Greenville street improvement bonds
Various.
500 &c.
Ten-year bonds, coupon or registered
1876
Lawrence, Mass— Funded debt.’
1859 to ’64 5000&C.
Funded debt
"
1862 to’75 5000&C.
do
1874
1,000
Water loan
Lewiston, Me.—City bonds ($25,000 each year). 1873-’75 500 &c.
City bonds ($50,000 each year)
do
($110,000 due 1885. $210,000 1891)
Lewiston & Auburn Railroad
Water bonds
....

"Wfttcr loan
Railroad loan ($60,000 are j. &
j.)
Indianapolis— Bonds to railroads
Bonds to Un. RR. Transfer Stock
Yard Co
Loan bonds, series A
do
do
B
do
do
C
do
do
D

300,000
300,000
300,000
200,000
109,500
100,000
100,000
1,163,000
3,109,800
255,000
622,000
1,866,000
3,433,000
125,000
921,000
500,000
171,050
150,000
400,000
152,000
103,000

.

-

.

.

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

stock...

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.

fund, Jan.,’76.

1852
1854
1857 to’67
1873
1866 to ’67
1873
1871 to ’73
1853 to ’70
1868
1871
1868 & ’73
’54,’62,3. 8

amounted to

$1,700,000, market value.
The sewer, street
improvement and street opening
bonds are for special local
and
redeemed by assessments on improvements,
the property benefitted.

249.000
150,000
91,700
133,000

^

262,000
1,300,000

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

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

400,000
300,000
372,000
850,000
50,000
400,000
300,000
100,000
505,500
306,000

1,000
1,000

....

....

*

1,000

o

-

Rate.

50,000
100,000
320,000
224,000
500,000
143,000
392,000
1,335,000
76,000
201,000
600,000
650,000
202,000
81,000
425,000
1,993,000
293,000

When

payable

M. & S.

6
7
7
7
7
7
7
7
7
7

rate in 1877, 9% mills for

resources,

7

5, 6,7
5 g.
6
6
6
6
7
6
6
6
10
8

assessments were

value, but prior to 1876

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

on basis of 30
per cent of real
Tax rate, $0 92 8-10
per $100.
Elizabeth, V. J.—Total debt of the city of Eliza¬
beth Jan. 1, 1878, was stated at
as fol¬

value.

General debt, $2,950,000; $5,380,000,
assessment debt.
$2,430,000. Estimated true .value of real and

lows:

per¬

sonal

Galveston, Texas.—The total city debt Sept. 1, '77,
was $891,400, of which all
are 10 per cent,
currency^

$2,152,100. Tax

-

property. The School Board
distinct organization from the
city, created
by a separate act of the Legislature; levies its
own tax, which is collected
by the City Treasurer,
hut is included in tax rates and
amount above
given. There are a few other small issues, amount¬
ing in all to about $50,000.
a

except $35,000 park 8s, due 1892-1902, and the limited
debt bonds. (V. 25,‘
p. 283.)




1875, 34,916.

Population,

Lewbton, Me.—Total debt, $1,209,909;
$118,507. The railroad honds were irsued toassets,
build
the Lewiston & Auburn
RR., which is owned by
the cities of those names.

do

Nov. 1, 1892-1906

City Treasury.
Boston, Merchants’ Bank.
do
do

do
do

Aug. 1, 1894
May 1,1895
Nov. 1,1878-1880
Aug. 1, 1899-1905
Nov. 20, 1882
July 1, 1893
July 1, 1891
July 1,1895-1906

.

Lawrence, Mass.—Total debt, $1,872,650, of which
$300,000 matures in 1677. No sinking fund. Tax
valuation, 1876, $23,901,598; rate, V90.

amounted to

do
do
do

-

Fitchburg, Mass.—Sinking fund, $69,500. Total
debt. $844,993.
Tax valuation, 1876,
$11,711,888.
Bonds all coupon.
Population, 1875, 12,289.

sinking fund

do
do

-

tion, 1875, 45,340.

Fall River. Mass.—The

Boston, Revere Bank.
Boston, Bank Redemption.

Galveston.
1874 to ’95
& S.
do
1907
10
& J.
New York.
1906
6
& D. Merchants’
Bank, Boston. June 1, 1879 &’81
6
& J.
do
do
July 1, 1881
6
& J.
Phoenix Bank, Hartford.
July 1, 1890-’93
6
& A.
City Treasuiy.
Aug. 1, 1900
6
& J.
Suffolk Bauk, Boston.
June 1, 1891
6
& A. Merchants’
Bank, Boston. Aug. 1,1882 & ’84
6
J. & JCity Treasury.
Jan. 1, 1893
6
J. & J.
do
Jan. 1, 1897
6 & 7
Various
City Treasury.
1878 to 1886
6
A. & O.
do
Oct. 1, 1889
6
J. & J.
do
Jan. 1,1900
7
A. & O.
do
Jan.&Apr.l,
1894
6
Jan.
City Treasury.
Jan. 1,1889, to *90
6
J. & J.
N. Y., Winslow, L. & Co.
Jan. 1,-1897
7*3
J. & J.
do
do
July 1, 1893
7-3
J. & J.
do
do
July 1, 1894
73
J. & J.
do
do
July
1, 1894
7*3
J. & J.
do
do
July 1, 1895
7*3
J. & J.
do
do
Jan. 1, 1899
8
A. & O.
do
do
Oct. 1, 1878
5
A. & O.
do
do
Oct.
1, 1882
6
J. & J. N. Y., Merch. Ex. N. Bank.
Jan., 1879 to’95
7
Various
do
do
1899 to 1913
6
J. & J.
do
do
July 1, 1907
7
J. & J.
do
do
July 1,1913
7
M. & N.
do
do
May, 1891
7
Various
do
do
1892 to’94
7
J. & J.
do
do
June 8, 1900
6 & 7
Various
do
do
Various.
7
J. & J.
do
do
July 1,1896
7
Various
do
do
Various.
7
J. & J.
do
do
Jan., ’98 to 1900
7
J. & J.
do
do
July, 1889
7
J. & J.
do
do
July 1,1879 & ’89
7
Various
do
do
Various.
7
J. & J.
do
do
Various.
7
J. & D.
do
do
June 1,1886
5ig
Various
Boston, Tremont Bank.
1878-1884
6
Various
do
do
1878 to 1892
6
J. & J.
do
do
July 1,1894
6
A. & O.
do
do
Oct. 1, ’90, to 1906
6
J. & J.
City Treasury.
July 1,1878 &’82
6
' J.
& D.
do
June 1,1883 & ’88
6
J. & J.
do
July
1,1885&1901
6
J. & J.
do
July 1, ’93-1913
5
A. & 0.
do
Oct.l,’97-1907-’17
6
A. & 0. N. Y., Mercantile N. Bank.
April, 1882
6
A. & 0.
do
do
April, 1883
6
Various
N. Y., Bank of America.
1887, ’89, 91
7
M. & S.
do
do
March 1,1883
6
Various
Louisville.
1886,’ 96, ’97
7
J. & J.
N. Y., Bank of America.
July 1, 1903
7
Various
N. Y., Bank of America.
1891, ’92 & 1903
6
Various New York and Louisville.
1883 to ’89
6
J. & J. Louisville,
City Treasurer.
July, 1898
7
J. & D.
N. Y., Bank of America.
June, 1901
7
Various
do
do
1888 & 1903
6
Various Louisville and New York.
1878 to 1898

$l43,0,i8, January 1, 1877. The water works are
now completed.
Total debt, $3,5,7,04;. Popula¬

in 1875, 25,000.

1878 to 1888
1878 to 1891

do

Various

Jersey City.—'The total bonded debt of the city,
April 1, 1877, was stated at $14,737,450. The
sinking
fund was $770,000. Assessed
valuation, 1877i Jersey
City, real $54 581,869, personal $6,0 3,150; 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. 21, p. 521.)

property, $32,000,000; assessed
$16,000,000. Tax rate is $2 50 within valuation,
the lamp
and water district, and
$2 10 -outside.
Population

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

City Treasury.

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

city, and 8)tf for town pur¬
poses; f->r 1878, 8X mills for city is recommended.

is

1898
1878 to’89
1878 to 1906
1879 to’91
1892 to’94
1878 to ’81
1880 to’95
1881 to ’93
1878 to ’86
1885 to ’96

-

Detj'oit, Mich.—The amounts of bonds
Holyoke, Mass.—Bonds all coupon, but can be
given less those held by sinking outstanding
Sinking fund, $12,000.
T *tal debt.
fund. The registered.
population in 1370 was 79,001 ;*in 1874, by State cen¬ $96 b5 >0. Tax valuation, 1877, $9,399,820.
Popula¬
sus, 10I.0S3. The value of waterworks is
tion, 1875, 16,250.
$2,483,880,
against a debt of $1,551,000. The water works bonds
are issued on a
Indianapolis.—The assessment of taxable prop¬
pledge of the city credit, and $75,000
erty in 1877 was $55,367,215; taxes for that year,
per year collected in taxes to pay interest on
them. $620,152, or a
Assessed valuation, 1877, real
levy of $1 12 per $100. The bonds
estate,
to Union RR. Transfer Stock
Yard Co. are secured
personal, $22,349,770— total, $93,709,375,$71,359,605;
which
is by
made on the
mortgage on the
or true

1893 & 1907

Sept. 1, ’78, to ’86

Various N. Y., Metropolitan N. Bk.
Various
do
do
Various
do
do
F. & A.
do
do
Various N. Y., Farmers’ L. & T. Co.
Various
do
do
Various
do
do
Various
do
do
A. & O.
do
do

are

basis

due.

New York.
do

.

Hartford, Conn.—'Total debt, April, 1878, $3,050,-

00J; net. after deducting

Principal—When

Where payable and
by
whom.

5, 6, &7 Various N. Y., Am. Exch. Nat. Bk.
6

(1)

430,500
268,200
600,000

....

....

'

2,477,000

lOOO&c.
1,000
1,000
1,000
1,000
1,000

....

do

90,000
66,000

Large.

....

.

340,500
729,500
767,000

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

Galveston, Texas- Bonds for various
purposes... 1860 to ’74
Limited debt bonds
(sinking fund 2 per cent).
1877
Galveston County bonds, G. C. & S. F. RR
1876
Hartford, Conn—Water bonds ($50,000 due’81)
Water
bonds

1,501,000
600,000

....

....

do

213,000
200,000
141,400

1,000

....

Water loan

$1,568,000

1,000
1,000

discovered In these Tables*

INTEREST.

outstanding.

value.

1877
1878
Detroit, Mich.- Bonds for various City purposes 1855
to ’59
Bonds for Water Work
Co., on city’s credit... 1855 to’7(3
Public Building stock
(City Hall) bonds
1859 to’71
Public sewer bonds
1872 to ’74
Elizabeth, N. *7.—Improvement bonds
1871 to ’74
Funded debt bonds
1870 to’75
School House bonds
1872 to ’73
Market House bonds
18(35 to’06
Consolidated improvement bonds
1875-’76
Bonds duo 1905
Fall River, Mass.—City notes

of any error

Amount

or

par

Bonds

[VOL. XXVII.

Louisville.—The funded

debt, January 1, 1878,
by railroad", was
$3,182,000, against $'*,258,000 January 1,1877. Of
the $8,182,000 there is
payable out of the sinking
fund
exclusive

of

loans

piy

ble

$3,654,000; payable by special tax, $4,518,000.
Population by census of 1870 was 109,759, against
68,033 in 1860; now estimated upon the basis of 7 to
a

voter makes 120.000.

<■

Assessed value of property

highest in 1874, being then $78,295,114; in 1878 it
$63,194,487. Rate of taxation for all city purposes

was

is
in 1877

w is

$2 25

on

$100 in each district.

The fol¬

lowing figures give the assessed property valuation
for the
past nine years.

For 1870, $7J,806,712; 1871,

$76,845,945; 1872, $77,156,642; 1873, $77,225,372; 1874,
$78,295,114; 1875, $75,536,812; 1876, $71,849,772; 1877,
*68,522,-947; 1878, $63,144,487. In order that this
shriukage in values may be better understood, the

following table is added:

.1874.

1876.

1678.

Grounds&impr’ts.$62,218,922 4 56,389,964 $48,770,596
Merchandise
Residuary
Personalty
The

9,696 40i

8,061,150

5,664,930

7,213,601

6,897,733

714,860

509,9-5

6,614,321
595,969

Mayor in his message, May, 1S78,

says that the
floating debt, Jan. 1, 1878.'was $1,038,654, less
$761,"02 of available tax bills. He says a'so: “I
deem it entirely appropriate to state here that the
bonded debt is realiy $315,000 less than the
amount
above quoted, as the sinking fund has
purchased to
date 297 6 per cent and 18 7 per cent
bonds, in all
315 bonds of $1,000
each, whicn they hold as an in¬
vestment.
This would in reality reduce the bonded
debt to $7,867,000. -As assets
against this liability
;he city owns
every share, except two, of the water¬
works; nearly $1,tOO,000 of gas stoetc, $1,000,000 of
Nashville RR. stock, at 40-., or

property, &c., &c.”

.$400,COO; wha:f

c

CITY SECURITIES.

August 31, 1878. j

Subscribers will confer

a

great favor by giving; immediate notice of any error discovered in tliese Tables*
Date of
Bonds.

DESCRIPTION.

Size

outstanding.

1868
$1,000
1869
1,000
1870 to ’74
1,000
1871
Louisville, New Albany & Sfc. L. Air Line RR.
1,000
1871
1,000
Cliange of gauge, Louisv., Cin. & Lex. RR.
Road bed
do
do
1871 to ’73
1,000
City bonds pay’ble by RRs. (mostly L.& Nash.) 1851 to ’63 1,000
1852
to
’75
Lowell, Mass— City notes
Large.
Water notes
1871 to ’76 Large.
Water bonds
1870
1,000

$134,000

notes on first page of tables

Louisville, Ky.—(Continued)—
Jail bonds
For old liabilities
do
do

86,000
605,000
500,000
107,000
350,000

....

Lynn, Mass

—

City notes

....

Water notes
Water bonds
Funded debt

1,508,000
521,000
510,000
1.300,000
530,000
471.500
450,000
387.500
44,200
117,000
80,000
70,000
200,000

Large.

I870-’3-’5 Large.
1871-’4-’6
1.000
1862 to’76 500 &c.
1857 to ’67
1,000

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

Water bonds

($100,000 each year)

do
do
do
Sewer bonds ($8,000 1878, ’80,
Suncook Valley Railroad

400,000
’8iy«3, ’85)..
1867 to’68

Post bonds....'

1867, ’8, ’9 500 Ac.

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

1857
1877
1861
1871
1876
1872

341,000
60,000

1,000
1,000

300,000
900,000
350,802

....

....

do
Western division
do
do

500 &c.

1,000
1,000
1,000
10,000
1,000
1,000
500
500
500

«...

....

....

1,000
500
500
500

....

:

....

1875
Jfo&iJe—Funding bonds (act March 9, 1875)
1849
Nashville, Tenn— Nashville & Chatt. Railroad.
1,000
Various city bonds
1870 to’77 100 &c.
Newark—Bonds, city purposes (s. fund of 1859)
1,000
War bonds, floating debt, <fcc. (s. fund of 1864)
1,000
....

....

....

1875
1878

Corporate bonds,
Sewer and

coup, or reg.(act Apr. 21,’76)
improvement bonds (local liens).

....

.

Aqueduct Board bonds
Floating debt bds, cp. or reg. (act Apl. il,’76)
Tax arrearage bonds.
New Bedford, Mass— City bonds
City improvement
War loan
Water bonds
do
do
New Haven, Conn— Sewerage

City Hall
City railroad ($20,000 payable each year)....

City bonds (10-20 bonds)

....

1878
1876-’77
1861-’74
1875
....

1876
1867 to ’76
1872-’74
....

-

....

....

1877
1852
1854-55
1869
1869
1870

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

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

1,000
1,000
1,000

N. Orleans— Consol.debt ($650,000 pay’ble y’rly)
1,000
Railroad debt.
1,000
Waterworks loan of 1869
Seven per cent funding loan of 1869
Seven per cent funding loan of 1870
Jefferson City (debt assumed)
’57, ’67,’70
Wharf impr. bonds (assumed by lessees)
1870
Street improvement bonds
1871
1,000 1
Consol, gold bonds (gen’l and drainage series)
1872
1,000 !
Ten per cent bonds, deficit and old claim
1871
Various.
New premium bonds (in exchange)
N. O. Waterw’ks Co. new bds.(for $2,000,000)
1864 to’75 i,o‘o"6&c
Newton, Mass— City bonds and notes
Water loan ($600,000 6s, balance 5s)
1875
1,000
New York—Water stock
1841 to ’63 100 &c.
Water stock
1872
100 &c.|
Croton water stock
1846 to ’69! 100 &c.
New Croton Aqueduct stock
1865-6
100 &c.
Additional new Croton Aqueduct
1870 to ’77 500 &c.
Croton water main stock
1871 to ’77 500 &c.
Croton Reservoir bonds
1865 to ’74 100 &c.
Croton Aqueduct bonds
1866 to ’70 100 &e.
'

Lowell, Mass.—All

notes held by savings
Tax
valuation, 1876, $39,:-98,460; 1877. $39,345,266. Total
debt, $2,331,000. Population, 1875,49,688.
banks.

the

Water loan sinking fund, $69,967.

When

Rate.

6
6
7
7
7
7

Payable

exceed the amount c f the annual interest
coupons on the-e bonds.
Hence the interest is
assured at all events, even if by inevitable misfor¬
tune the city should fail to pay the interest in
money. The proposition is to issue the new com¬

J.

6 g.
6
7
6
5
7
7
7
7
8
8
8
10
8
7
8

100,000
429,000
1,171,000
250,000
70,000
50,000
60,000
124.500
110,000
115,000
125,000
1,785,122
214,000
1,155,000
73,000
1,890,000

7
6
6

6
6 & 7
6 & 7
7
7

500.000

400,000
700,000
2,500,000
3,030,000
700,000
646,000
179,600
223,000
148,000

6
7
7
7

6,7

100,000

400,000
200,000
499,000
60,000
200,000
150,000
4,382,250

.

775,000
295,900

6
5
5
6
7
7
6
6
5
6
6

5
7
7

707,300
441,150
98,000
410,000
30,000
225,000
383,000

8
7*3
73
7 g.
10
5

11,232,140
5
5
6
5

771,000
2,414,000

500,000

&
&
&
&
6

6
6
7
6

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

& J.

J. &
J. &
J. &
J. &

Sept., 1891
Feb. 1,1880

July, 1901 & 1903
1881 to ’93
1878 to 1894
1886 to 1894
Nov. 1, 1890
1878 to 1890
1878 to 1890

July 1, ’91-’94-’96
1879 to 1896
1882 to 1896
Jan. 1,1880-1894

April 1,1884-’85
May 1, 1893
July 1,1890-’95
1887-’92-’97-1912

July 1,1878 to’85
Aug. 1,1878 to ’87
1873 to 1902
1873 to 1900

Memphis.

Nov., 1900

J.

Charleston, S. C.

July. 1872

J.

N. Y., H. Talmadge <fc Co.
Milw. and N. Y., A. Goettel.
do
do
do
do
do
do
do
do

1907
June 1, 1891
Jan. 1, 1901
June 1,1896
Jan. 1, 1902
Jan. 1,1902

D.
J.

J. & D.
J. & J.
J. & J.
J. & D. New York, Park Nat. Bank,
F. & A.
do
do
M. & N.
do
do
Various
do
do
J. & J.
do
do
J. & J.
do
do
F. & A.
do
do
M. & N.
do
do
M. & N. Mobile, Mob. Savings Bank
New York.
Various
Various New York and Nashville.
Various
Newark, City Treasury,
do
Various
do
A. & O.
do
do
J. & J. Newark, Mech. Nat. Bank
F. & A.
M. & S. Newark, Mccli. Nat. Bank,
do
do
Various
do
do
F. & A.
do
do
A. & O.
City Treasury,
A. & O.
do
A. & O.
A. & O.
A. & O.
A. & 0.
A. & O.
City Treasury,
J. & J.
do
A. & 0.
do
do
J. & J.
J. & J.
New Orleans,
Various
do
J. & J.
do
M. & S.
do
J. & D.
do
do
Various
J. & D.
do
F. & A.
do
New York or London.
Q.-J.
A. & O.
New Orleans.

2, 1892
2, 1894
May 1, 1905
Dec.
Feb.

1881 to 1885

1886 to 1900
Ju ly,’91-’96-1902
Feb. 1,1891 & ’99
Nov. 1, 1901

Nev., 1905
1875-77-79
1870 to’96
1877 to ’93
1878 to ’91

April, 1888, to’ 91
July 1, 1895
Aug. 1, 1908
1879 to ’93
1876 & 1892
1908

1886-’87
1879 to 1889
1891 to 1910
1878 to 1884
1900 to 1904
1885 to 1909
1883 to 1909

& 1901
July 1, 1881
Oct, 1,1877 to ’86
July 1,1887-1897
July 1, 1892
Oct. 1, ’91

1874-5 & 1894
Jan. 1, 1899
March 1, 1894
June 1, 1895
1887 to 1897

Dec., 1880

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

....

1879 to 1895
City Treasury.
& J. Boston, Comm’nwealtli Bk.
July 1,1905
Inter’t is payable at City (
1879 & 1880
Q.-F.
M. & N.
Nov. 1,1902
Comptroller’s Office, |
New Court House, ex¬
1883 & 1890
Q.-F.
Q.-F.
cept such int. on the J
Aug. 1,1884
Aug. 1,1900
Q.-F.
gold bonds as is paid
M. & N.
Nov. 1,1900&1906
abroad, and that is
1907 to 1917
Q.-F.
payable at Messrs.
1907 to 1911
Rothschild’s in L’nd’n.
Q.-F.

J.

debt beyond 5

cent valuation
f»er1876,
of Its average
assessed value
years,
was $38,743,422
real,for
andfive
$14,931,n

8s. Also about $145 000 overdue interest on these
issues. A mandamns wasissued from theU.S. Cir¬
cuit Ccurt, and the Auditor’s report says that

unscrupulous bondholders succeeded in grinding

poverty of onr people the satisfaction of
promise bonds in exchange for the present indebt¬ their claims.” Population about 38,000. (V. 20, p.
edness (including interest on past due indebted¬ 302.)
Nashville, Tenn.—At the close of the fiscal year,
ness) at 50 cents on the dollar. For judgments the
Legislature authorizes the payment of 55 cents.” Sept. 80.1877, there were $121,800 of past-due bonds
To April, '78, $1,800,000 old bonds had been funded. ana $170X00 unpaid coupons. The total debt was
Assessed valuation of real estate, 1875, $19,329,600; $1,671,360. Assessed valuation of all property, about
personal, about $6,500,000. Tax rate. $2 per $100. $12,000,0<>0; tax rate, 1877. 2 per cent.
Newarkr—The bonds in the first line in the table
Population in 1870, 40,230. (Y. 23, p. 879; V; 24, p.
are payable out of the sinking fund of 1859, which
387; V. 25, p. 114.)




1880, ’94 & 1901

M. & N.

763

out of the

Oct. 1, 1898
1889

Various

387,000 5, 6»fe

Milwaukee.—The city cannot issue

“

Louisville and New York,
do
do
do
do

-

personal property; tax rate in 1875, 2\64 mills.
Lynn, Mass.- Total debt, $2 256.000. Sinking Sinkig funds are pro Added for all the bonds.
fund, $166,470. Tax valuation, 1870, $20,t-27,l:5. There is also about $47,000 scrip issued to settle
old railroad bonds.
Population, 1875. 32,600.
Population by State census,
Manchester, N. H.—Total debt, $1,019,491; assets, 1875,101.000. (V. 23, p. 622.;
$83,367.
Minneapolis, Minn.—Total debt, $971,5C0; tax
Memphis, Tenn.—The city has been in default for valuation, 1876, $21,834,078; bonds all coupon.
interest since Ji.n. 1, 1873. The total floating debt
Mobile.—The valuation of property in I8?7was $11,July 1,1877, was $2,005,974 of which $735,420 was 022,049 real estate and $6,118,462 personal property;
overdue interest, and there were nominal assets tax rate, 1 6-10 per cent. Interest was in default
(unpaid taxes, &c) to balance this of $2,113,690. from July} 1873. A settlement with bondholders was
The circular ef July, 1877, urging the city cred¬ offered by Act of March 9. 1875, viz.: $510 in 6 per
itors to accept the proposition nad the follow¬ cent bond for $1,000 of the old 8 per cent.
The 5
ing: “These new bonds are especially valuable, } er cent bonds have a lien on city revenue, and
1st, bee use they and the coupons are made exchange for these was offered at 75 per cent of
receivable in payment of all taxes and demands their face.
Up to Jan., 1878, there had been
of the city,
and this feature is expressly made settled, of old bonds, all except $12,10;> of old
a
part of the contract with the bondholders; bonds. A, B & C ; $56,6 0 of bonds D. E & F; $38.2d, It is part of the contract, and irrepealable, 500 88 of 1871; $123,000 of Mob. & Gt. Northern RR.
that the city shall not issue any more bonds. 8s; $16,000 wharves 8s; $30,0( 0 Mob. & Ala. Grand
The annual levy of taxes for all purposes will of Trunk 8s; and $151,00n Mob. & Northwestern RR.
course

Due.

Whom.

A. & O.
J. & D.

6

242,000

2,900,000
250,000
3,614,600
4,521,000
970,637
490,000

Principal—When

Where Payable and by

Various
M. & S.
N. Y., Bank of America,
F. & A.
do
do
J. & J.
do
do
6
Various New York and Louisville.
5 to 7
Various
City Treasury,
Various
do
6, 6*2
M. & N. Boston,.Bank Redemption.
6
Various
6,7
City Treasury,
Various
do
6,7
6
J. & J.
Boston, Bank Republic.
5, 5*2, 6 Various Treas’y & Bost. Bk. Repub.
Various
do
do
5, 6
6
J. & J.
City Treasury,
6
A. & O.
do
6
M. & N.
Suffolk Bank, Boston,
6
J. & J.
do
do
6
J. & J.
City Treasury,
5
J. & J.
do
6
F. & A.
do

1,300,000

1,000

1872

Public school bonds
Clinton Hill bonds, coup. & reg. (s. fd. 3 p. c.).

|

1870

Minneapolis, Minn.—City bonds
City bonds

do
do

40,000
37,500

....

Memphis, Tenn.—School and paving bonds

INTEREST.

Amount

or

par
Value.

For explanations see

xi

'

amounts to $113,663; those In second line out of
sinking fund of 1864, $1,013,623; public school bonds
out or public school fund, $141,911; Clinton Hill
bonds by sinking fund, $40,631; tax arrearage,

$165,000; against local improvement bonds tne
city holds $2,074,513 of assessments unpaid and a
lien on the property. Temporary loan bonds, Jan.
1, 1878, were $1,192,000.
valuation of real and
personal property, 1876, $97,116,004. Tax rate for
all purposes, 1877, $1 96 per $100, against $1 99 in
1876. Population in 1870, 105,059.
New tiedford, J/a^.-To'al debt, $l,‘'50,6f0. No
sinking fund.
Tax valuation, 1870, $22,996,014.
Population, 1875, 25,895.
New Haven, Conn.—Toffal debt. 4939,000. Sinking
fund ou City Hall loan, $47,969 73.
The city has
made a “ special loan” of $75,000 to the New Haven
& Derby RR
and “guaranteed” $225,000 of its
second nioitgage bonds, on which the city has been
obliged io pay the interest, and on $5u,000 of the
special loan. Interest advanced to the road, $82,890.
Population, 1870, 50,840.
New Orleans.—h. decision in June, 1678, holds
invalid the special tax p ovisions for consolidated
bonds. The floating debt, Jan. 1, ’78, was $1,841,928.
,

The

assessed valuation

of

property for 1878 is

$111,123,695, real and personal. State tax, 14)4 mills;
city tax, 15 mills; total tax, 29X* A scheme for
settling the debt by a bona premium drawing plan
is in practice, and drawings take place January 31,.
April 15, July 31, and October 15. Population in
187". 191,418; in 1860, 138,670.
(V. 26, p. 436, 617;
Y. 27, p. 14*.)
Newton. Mass. -Total

debt, $1,243,054. Tax valu¬

ation, lt77, $26,645,946; rate, 1*36. Population, 1875,
16,105.
New York City.—The total debt of
Jan.

1,

1878, was $148,821,057;

New York,
the amount of




August

CITY SECURITIES.

31, 1878.J

Subscribers will confer

a

great

favor by giving Immediate notice of
Date of
Bonds.

DESCRIPTION.
For explanations see notes on first page

Size

par

Value.

of tables

$1,413,400;2,241,000
2,179,469

impr. Penn.av., &c. (local assessment)

1871 to’73

Portland, Me— Loan to Atl. & St. Lawrence RR

’68/69/7C

1,000

1867 to ’61
1872
1872
1852-75
1867
1855
1863
1872
1874
1876

500 &c

Loan to Portland & Rochester Railroad
do
do
do
do
Portland & Ogdensburg

Municipal—proper
Building loan bonds
Providence, R.I.—Bonds for public iinprovem’te
Recruiting and bounty bonds
Water loau bonds, gold, coupon and reg
do
do

City Hall &

do
do
do
do
sewer loan b’ds, sterling, cp. or reg

Prov. & Springfield RR. bonds,
Brook Street District notes

1,000
1000&C.
lOOO&c.
lOOO&c.
1000&C.
lOOO&c.
£100
.

1877
....

..

To Rocb. & State L. and R. N. & P. Railroads.
For various city improvements
Water works loau, coupon and registered

•

.

....

....

Funding loan
Rockland, Me— City bonds
do
do

Bridge approach bonds (gold)

168,000
750,000
961,686
3,182,000
410,000
161,125

....

....

....

....

....

....

.

.

400,000

150,000
205,000

500
500
100 &c.
500

431,500

Various
Various
Various
Various

1,922,000

150,000
299,400
500,000
1,223,000
166,000
336,000
346,000
885,000
1,143,000

1,000

1867 to’71
1853 to ’55
1867
1868
1872
1873 to ’76
1875
1875

County Jail

General purposes, gold

Renewal, gold
Park bonds, coupon, gold
Couiitv bonds
St. Paul, Minn.—Revenue bonds
Preferred bonds
8 per cent bonds
Lake Superior <fc Mississippi Railroad
St. Paul & diicago Railroad.
Public Park (Como.)

m

m

m

1,000
1,000
1,000

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

m

....

....

1868

1,000
....

Salem, Mass— City debt
City debt

•

....

Water loan

....

do
1877
San JYancisco— Bonds of 1858, coupon (gold)..
1858
1863 to ’64
Judgment bonds, coupon (gold)
Central Pacific Railroad, coupon (gold)
1864
Western Pacific Railroad,
1865
do
do
School bonds,
1866 to ’67
do
do
1867
Judgment bonds,
do
do
School bonds
1870 to ’72
School bonds
1874
Park improvement bonds
1872 to ’75
1871 to’73
Hospital bonds
House of Correction bonds
1874
1875 to’76
City Hall construction
1876
Widening Dupont St. (Act March 4, 1876)
Savannah, Ga.—Construction of waterworks..
1853
1853
Improvement of Savannah River
1853
Savannah, Albany & Gulf Railroad
1866
Funding coupons and other purposes
1869
Redemption of bonds
do
do
1870
Bonds for city improvements
1870
1872
Harbor, &c., improvements
For floating indebtedness
1873
:

in

.

1855 to’69
1,000
1852 to ’68 Various
1867 to ’70
1,000
1872
1,000
1871 to’73
1,000
1873
1,000
1875
1,000
1874
coupon.
1,000
500
1872

St. Louis County bonds assumed—
Renewal bouds, coupon
Bonds to railroads, coupon
Insane Asylum

valuation

1,000

....

1871
St. Louis—Renewal and floating debt bonds
1846 to ’71
Real estate, buildings and general purposes.. 1840 to ’68
Street improvement bonds
1851 to ’66
Water work bonds (old)
1856 to ’58
Tower Grove Park bonds (gold)
1868

Pittsburgh.—Cash

700,000

.

Bridge bonds

Renewal, &c., bonds, gold, $ and £
Renewal, &c., bonds, gold or sterling,

.

....

St. Joseph, Mo.—Bonds to St. Jo. & Den City RR. 1860 to ’69
Bonds to Missouri Valley Railroad
1869
Bonds for various purposes
1858 to ’69

Sewer bonds
Harbor and wharf bonds
New water work bonds (gold)
do
do
do
Renewal and sewer bonds (gold)
Renewal purposes, gold or sterling

.

1,000

1875

Railroad loan

.

2,000,000

2,000,000
1,500,000
1,397,250
500,000

lOOO&c.
Various
lOOO&c.

•

•

5,028,800
787,000
700,000
450,000
1,350,000
2,195,200
568,000
600,000
300,000

500 &c

1875
1872

guaranteed...

Rochester, N.Y.—To Genesee Valley Railroad

outstanding.

1863

Compromise railroad bonds (coup, and reg.).

1876:

Real

property, $120,371,761; personal, only $2,570,404,
according to Comptroller’s report; “Occupation,’’

lOO&c.
100 &c.

i;ooo
1,000
500
500
500
500
500
500
500
500
500
500
500
500

3,950,000
1,250,000
681,000
1,074,000
707,000

2,072,000
461,000
300,000
1,180,000
100,000
500,000
600,000
550,000
2,300,000
500,000
499,927
67,210
263,125
200,000
100,000
100,000
112,000

300,000
398,500

542,000
435,500
377,000

1,000
1,000

250,000
197,000
246,000
385,000
200,000
475,000
210,000
150,000
750,000
915,000
198,000
64,500
937,500
368,800
117,000
349,500
534,000
500,000

500 &c.

400.000

&c.

&c.
&c.
&c.
&c.
&e.
&c.

&c.

=
.

.

.

.

500
500
500 &c.
100 &c.

1,000
500

INTEREST.
Rate.
7
6 & 7
4 & 5
7
6
6

5 & 6
6
6
5
5 & 6 g.
5 g.
5 g:
5 g.
....

When

Whom.

A. & O.

Philadelphia.

was

$664,999.
Atlan.

&

The city is protected by mortgages
St. Lawrence, Portland & Roches¬

ter and Portland & Ogdeusburg Railroads.
As¬
sessed va'ue of real estate in 1876, was $18,708,500;

personal,

$11,951,857,

Tax rate, $25

per $1,00 '.

Population in 1870,31,413, against 26,341 in 1860.
(V. 24, p. 542.)

Providence, R.I.—The principal debt of Providence
has been created since 1872 for water works, sewerage and new City Hall. The floating debt at close of
fiscal year Sept. 30, 1877, was $2,497,196, including
above Brook btreet notes and $ 00.0 0 High School
notes. The assessed valuations of all property in 1877
were: real estate, $85,189,8 :0; personal, $12,085,000.
Rate of tax, $14 50 per $1,000. The sinking fund
for bonds due in 1885, $479,237; sinking funds of
1893. $176,552; ’95, $78,264; 1900-6, $9«,045. Popula¬
tion by U. S. census, ’70,68,901; by State census, ’75,

100,800.
are

Louis.—Population by the U. S.

the resources were:
Balance April 11, 1877
Interest revenue

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

6 & 7
7
.....

6
6
6
6 & 7
7
10 & 6
10
6
6
6
6
6 g.
6
6
6 g6 g6 g6 g.
6 g6 g.
6 g.

Semi-an
J. & J.
F & A.
M. & S.
Various
M. & N.
Various
J. & J.
Various
Various
Various
Various
F. & A.
Various
Various
J. & D.
A. & 0.
Various
M.
M.
J.
J.

& N.
& N.
& J.
& D.

7
6 g.
7
7
6 g.
6 g6 g.
6 g.
12 & 7
7
8
6
6
7
5 & 6
6
6
5
6 g7 g.
7 g.
7 g.
7 g.
7 g.
7 g.
6 g6 g.
6 g.
7 g.
6 g. ~
7 g.
7
7
7
7
7
7
7
7
7

J.

&
&
&
&
&
&
&
&
&
&

1877 to 1897
1878 to 1899
1878 to 1899
1878 to 1899
1880 to’89

do
do
N.

do
do

Y., Nat. B’k Commerce.

do
do
St. Joseph and New York.
N.
N.

Y., Nat. B’k Commerce.
Y., Nat. Bank Republic

Nov., 1889
1878 to ’89
1891
1879 to’91
1879 to 1906
1879 to ’86
1880 to’83

do
do
do
do
do
do
do
do
Aug., 1898
do
do
1878 to ’89
do
do
1879 to’88
New York and St. Louis. June, 1887, to 90
N. Y., Nat. B’k Commerce. -April 1, 1892
do
do
1891 to ’94
New York or London.
Nov. 1, 1893
do
do
May 1, 1895
do
do
July 1, 1894
N. Y., Nat. B’k Commerce.
Dec. 10, 1892

J. N. Y., Nat. Bk. Commerce.
1879 to 1881
do
J.
do
1879 to 1880
J.
do
do
July 1,1887
S.
do
do
Sept. 1, 1888
D.
do
do
June, 1892
J.
do
do
1893 to 1896
O.
do
do
April 1,1905
N.
do
do
May 1, 1895
N. N. Y., Kountze Brothers.
1878 to’90
N.
do
do
1878 to’86
Various
do
do
1889, ’90, ’96
J. & D.
1888 &’98
J. & D. N. Y., Kountze Brothers.
1900
do
do
J. *& J.
1879 to 1889
City Treasury.
J. & J. Boston, Merchants’ Bank.
Jan. 1, 1891
A. & O.
do
do
Apl. 1, 1883-1898
J. & J.
do
do
July 1, 1904
J. & J.
San Francisco.
Jan. 1, 1888
A. & O.
do
Oct. 1, 1883
J. & J.
do
July 1, 1894
3VI. & N.
do
May 1, 1895
A. & O.
do
April 1,1881
A. & O.
do
Oct. 1, 1887
J. & D.
do
June 1,1882to’90
J
& J.
do
July 1, 1894
J. & J.
do
1897 & 1904
M. & N.
do
Nov. 1, 1891
J. & J.
do
July 1, T894
do
1899
J. & J.
do
1896
F. & A. New York and Savannah.
Feb., 1878
M. & N.
do
do
Nov., 1883
J. & D.
do
do
Dec., 1888
J. & J.
do
do
Feb., 1886
M. & N.
do
do
Nov., 1879
J. & J.
do
do
June, 1890
M. & N.
do
do
Nov., 1900
J. & J.
do
do
Jan. 1 1902
J. & J.
do
do
July 1, 1903
J.
J.
M.
J.
J.
A.
M.
M.
M.

e

"could

census

in 1870

$691,272
1,731,670 {
2,611.6'9
322,416
725,000351,000

$6,544:427

expenditures were
$5,900,941
Unpaid warrauts on hand April 11, 1878..
40,944
$5,359,996

April 10, 1873

$631.131

Comptroller gives the following in his re¬
port to April, 1878: The liabilities appear as follows:
The bonded debt at the close of fiscal year (April 9,
1878), was $15,996,000; the bonded debt of the late
county, assumed by the city. $6,^59.000.
Other
follows: Assets of this fund at

Assessed valuation of property in 1878,
$159,354,840; in new limits, $14,416,400; total taxable valuation in city, $173,771,240.
$110,000.

in old limits,

com¬

debt, $965,292.
We are mencement of the present fiscal year, $590,095.
compelled to omit the details as to months when | The resources available this fiscal year will be about




City Treasury.
Boston, First National Bk.

....

5 & 6

The

as

1877 to ’91

D.
June 1,1877 &’87
S.
Providence.
Sept., 1885
J.
do
Jan., 1893
J. Boston, Prov. and London.
Jan., 1900
& J. N. Y., N. City Bank, & Prov.
Jan., 1900
& J.
do
do
July 1, 1906
& J. London, Morton, Rose & Co
July 1, 1895
Providence.
1892
M. & S.
Treasury.
Sept. 1,1880-’84
J. & J. N. Y., Metropolitan N. Bk.
1879 to 1903
F. & A. New York and Rochester.
1893
do
Various
do
1878 to 1902
J. & J.
N. Y., Union Trust Co.
Jan. 1, 1903
do
do
1905

310,864, against 160,773 in 1860. The city and
county were merged by law in 1877 and city as¬
sumed the county bonds. In the last fiscal year

fund is

Rockland, Me.—Total

Sept. 1,1907

Boston and Portland,
do

&
&
&
&

provided for by net receipts from a
lease of said road to Erie Railway Company after
paying the interest out of said receipts. Real prop¬
erty assessed, $48,000,000; personal, $2,0C0,0O0. liabilities—claim of St. Louis Gaslight Co. for gas
furnished, with interest, $685,000.
The sinking
Rate of tax, 1877, $2 per $100.
$168,000,

July 1, 1897

Boston, Blaek8tone N. B’k.

m’ntbly
J.
M.
J.
J.
J.
J.
J.

The

Rochester.—The bonds of Genesee Val. RR. loan.

1893 to ’98

.

was

Balance in treasury

Due.

Various Pittsburg, Phila. & N. Y
1877 to 1912
J. & J. New York, B’k of America
1913
Various
1883 to ’85
Philadelphia.
M. & N. Boston, Black8tone N. B’k. Nov., 1886/87/88
J. & J. Boston, Columbian Bank.
July, 1887

.

on

Principal—When
by

....

5
7
7

debt matures, as the necessary information
not be obiainedof the treasurer.

St.

Where Payable and

Payable

St. Joseph, Mo.—Population in 1870 was 19,565,
Sinking funds, $473,277. Tax rate,
$15,273,030.
1877, 2X mill
Peculation about 140,000. Interest against 8,932 in 1860. Assessed valuation of property,
defaulted April, 1877. (V. 24, p. 519, 591: V 26, p. $ll,000,0o0; rate of tax, *23 mills. (V. 23, p. 135, 175;
V. 25, p 408.)
159, 181, 368, 4Ti; V. 27, p. 68.)

Portland, Me.—'The sinking fund March 31.1877,

In these t ables.

*

500,000

&c.
&c.
&c.
&c.

any error discovered

Amount

or

Pittsburgh—Water exten. loan (coup, or reg.)... 1868 to ’74
Funded debt and other municipal bonds
1845 to’72
Bonds

xiii

Tax rate
new

for

city

limits, $0 50.

purposes in old limits, $1 75; In
(V. 25, p. 201: V. 26, p. 290, 359,

436.)

St. Paul, Minn.—Population in 1370 was 20.030;
in 1875, by State census, 33,237. Assessed valuation
of taxable property, $27,755,926. or about one-half
of the actual value. (V. 15, p. 626.) 3

Salem, Mass.—The sinking fund amonn's to
$173,063, and the bonds are valued at par; $1,146,0C0 of debt coupou; balance registered;
total,
$1,452,678. Population, 1875,25.958. Tax valuation,
18". 5, $26,312,272; 1877, $25,810,600.
San Francisco.—Population by the U. S. census
of 1870 was 149,482, against 56,802 in 1860.
Real
estate for the fiscal year ending June 30, .1878,
assessed at $190,221,003; personal property at $70,-

041,340.

About $54,000,000 of

omitted from assessment.

mortgages are now

Sinking funds raised

annually amount to $263,500 Tax rate in 1S77-8 is
$1 69 per $100, for city and County purposes.
Savannah, Oa.—Default

was

made

on

interest due

Nov. 1, 1876, in consequence of yellow fever and
non-collection of taxes.
The latest proposal for

compromise is given in V. 26, p. 625, by which new
5 per cent b >nds are to be exchanged for the face
of old bond*; and for interest up to Feb 1, 1S79, 58
per cent of the face value in similar bonds.
Assessed value of real estate, $14,000,000; per¬
sonalty. $4,200,000; tax rate, IX per cent. Popu¬

lation in 187', 23,235, against 22,2 >2 in 1860.
(V.
24, p. 4+4. 5 '2; V. 25. p 41, 80, 38 2, 593; V. 29, p. 18,
626; V. 27, p. 122. 173.)

xiv

CITY

SECURITIES—MISCELLANEOUS

Subscriber* will confer

a

For explanations see notes on tirst
page

Date of
Bonds.

City bonds

Size

Value.

$155,000 J.&J.)

....

Various.

....

Large.

....

Various.

....

Largo.

....

lOOO&c.

Large.
Large.

....

....

notes

....

....

Water loan ($200,000 are 0 per cents)
Railroad loan
Railroad notes
Toledo, O.—Geu’l fund and deficiency bonds, cp. ’70,’71,’76
Toledo & Woodville Railroad,
1870
coupon
Various City purposes, coupon
1859-’65
do
do
do
1859-’74
do
do
do
1869 & ’76
Water works
1873 & ’74
•Short bonds, chargeable on special assessm’ts
1874-’77
....

Large.
1,000
1,000

....

City debt, registered

and regist’d.

coup,

....

do
do
(5 pieces, $100,000 each)
do
($220,000 reg., $580,000 coupon),
do
reg. ($100,000 J.&J., $90,000 A.&O.)
Sewer loan ($92,000 are J.& D., balance
J.&J.)
Water l’n ($150,000 are J.&J., balance
J.&D.)
do
registered

MISCELLANEOUS STOCK* & BONDS.
Adam Express Company—Stock
American Egress—Stock
American Coal (Maryland)—Stock.
Atlantic & Pacific Telegraph- Stock
Boston Water Power

....

....

....

....

.

.

.

.

.

.

.

.

Mortgage bonds, gold, sixes (for $2,500,000).

....

....

....

1st
1st

1864
1872
1852
1869

..

Cumberland Coal ii Iron Company—Stock
Dunlcith
d-Dubuque bridge—Bonds sink. fund.
Illinois d St. Louis Bridge— 1st
2d mortgage, coupon
3d mortgage, coupon
4th mortgage

St. Louis Tunnel PR.—1st mort.,

do
do
2d
Iowa RR. Land Co.—Stock

sterling,

mortgage

500 &c.
500 &c.

Various.
100 &c.
500 &c.

1,000
25

1868
1871
1871
1874

1875
1873
1875

f.

1,000

1,000
1,000
100

1,000
£200
....

100
100
100

....

Preferred stock

....

Mortgage bonds (for $500,000)
Mainland Coal—Stock
Ontario Silver Mining— Stock
Pacific Mail Steamship Company—Stock
Pennsylvania Coal—Stock

1875

1,000
100
100
100
50

....

....

....

....

1st mortgage bonds

1861

Pennsylvania Anthracite Coal—Stock

....

1st

mortgage (east side) bonds on 1,053 acres
1st mort. (.west side) on 400 acres & 550 leased
Producers' Consolidated L'd d Petroleum- Stock
Pullman Palace Car—Stock

1872
1872
....

....

Bonds, 2d series
Bonds, 3d series
Bonds, 4th series
Bonds, sterling debenture, convertible
Bonds, debenture
Quicksilver Mining Company—Common stock..

....

....

....

1875

.

.

.

.

....

6

Preferred stock

....

Mortgage bonds, gold

....

Southern <£Atlantic Tel.—Guaranteed stcok

....

Spr'g Mountain Coal—Stock,guar.7 p.c.by L.V.
United States Express—Stock
United States Rolling Stock—Stock
Wells, Fargo d Company Express—Stock

....

....

....

...»

Western Union
Real estate

Telegraph—Stock
bonds', gold, sinking fund

....

1872
1875
1875

Bond8,coup or reg.,eonv.till May,’85, s.f.lp.c.
Sterling bonds, coup. (s. f. lp.c. per annum)..

£100&c

Q.-M.

10
7
.

J.

'

American Coal.—The report for 1876 showed
gross

receipts, $531,333; net, $25,399. (7. 22, p. 180; V.
24, p.248.)
Atlantic <& Pacific
Telegraph.—Pools with West¬
ern Union their gross
receipts on the basis of 87>£
to the W.U. and 12X per cent to A. & P.
Expenses
were arranged at 13*14>6
per cent to A. & P. and
86-85H to W. U. (V. 25, p. 16, 115,188, 355, 374, 433,
591; V. 26, p.*3l'4, 1S6, 469, 521.)

•

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

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

2*2
7
6
6
6
6
8
7
7
7
10
9
10
1

g.
g.
gg.




York, Office.

J.

3
3
7

1872
Nov. 12, 1872

do

June, 1884

J.
J.
J.

&

Loudon, Brown, S. & Co
New York

or

Jan.
Jan.

London.
.

London.

1900

N.Y.,Co.’s Office, 71 B’y.
do
do

Jan.

do
do

Oct.

15, 1875
Nov., 1893
1900

July 1, 1901

Lond.,J. S.Morgan & Co.
St. Louis.

Mar. 1,

1S86

Jan. 1,

1888

•

Bostou, Treas.’ Office.

St. Louis.
N. Y., Ill
do

i, i886

Jan.
Jan.

Q.-F.

mm*

May 1, 1878

New York.

■

2, 1877

Jan., 1885
Jan. 1, 1897
1879
Feb., 1879

do
do
do
do
New York, Office.
N. Y., at Ill. Cent, RR.
New York and London.
do
do '
do
do
St. Louis.

J.

F. & A.

1, 1904
1, 1904

31,

1876

Sept., 1869

Broadway.

Mayl, 1878

do

Aug. 1, 1881
•

& D.
& I).

Q.-J.
Q.—B\

7

N.

Y., 4th National Bk.

N.

New York, Office,
•
Y., Farm L. & T. Co.
do
do
do

Q.-F.

June i.is92
Juuc1,1892
1877
Aug. 15. 1878
May 15, 1881
Feb. 15, 1887
Aug. 15, 1892

do
do
do

April 1. 1885
Oct. 15, 1878

....

....

7g.
2*2

1,500,000

312

7,000,000
5,000,000
5,000,000

2
2

J. & J.
A. & O.
r J. & D.
.

o-

4

(?)
1,498,000
3,959,000
991,440

1^
7 g.

rr
4

6 g.

.

M. & S.
J. & J.

Q.-J.
M. & N.
M. & N.
M. & S.

Guarantees also

1876-7, $220,140.

sold under the mort¬

549.)

Mariposa Land & Mining Co.—Assessments made
the shares from time to time. (V. 23,
p. 112, 329;
V.

on

p.

1,1906

Sept. 10, 1877

'

275,000
948,000

24, p. 128; V. 25, p. 358; V. 26,

& 1905
to 1881
to 1890

Sept. 1, 1878

■

gage of 1873, July 1, 1878, for $150,000. (V. 25, p.
2 11; V. 2 >, p. 420, 524; V. 27,
p. 17.)
Iowa Railroad Land Co.—'This
company manages
the land grants of five distinct
organizations. The
total lan t owned was 530,217 acres, March 31, 1877.
In 1876-7, 84,032 acres were sold for
$576,8 »6, and
601 town lots for $12,962.
The cash c 1 ec ions
were $772,6(5, and dividends
4J4 per cent. (V. 26,

i

J.
J.
J.
N.
S.
J.
J.
J.
A.
0.
N.
0.
J.
S.

Q.-F.

Illinois & St. Lou's Bridge.—In hands of
trustees.
Foreclosu-e p3i ding Net receipts,

p.

1887
1878
1878
Dec,

July 1. 1878

A. & O. London, J. S. Morgan & Co.
A. & 0.
N. Y., Farm. L. & T. Co.

were

Apl. 1, 1878-1879
Jan. 1, 1881
April 1, 1892

.

6 g.
6 g.
6
6 g.

Penn., and assumes
$135,000 Un. Mining Co. bonds. (V. 24. p. 181, 226,
248; V. 26, p. 262.)

The railroad and tunnel

June,’93& Sep.,’94
1878 to’82

do

7 g-

bond*.

1878 to’84
1878 to’89
1878 to ’86

Boston, Office.

& D.

!

MISCELLANEOUS STOCKS & BONDS.
Adams Express
Company.—A reference to the
*nit of Dinsmore and others in V.
19, p. 270.

do
New

218,000

bonds of the Cumberland &

May, 1900

Y., Company’s Office.

s.

;

rate. $319 per $100.
Worcester, Mass.—Total debt, $2,484,200-reg.,
$944,000; coup.. $1,540,200. Cash assets, $121,651,
including $44,875 40 sinking fund.
Population,
49,317 in 1875. Tax valuation, 1870. $34,018,450;
1876, $48,223,397; 1877, $45,692,695; rate, P52.

1878 to 1881
1878 to’88

....

Somerville, Mass.—Total debt, $1,771,854; sinking
Boston Water Power Co.—Annual
report in V. 24.
fund, $45,131; tax va uation, 1870, $26,573,400. Ex¬ p. 396. (V.
23, p. 183; V. 24, p. Ill, 396; V. 27, p.
cept $140,000 fis in $1,000 pieces, ah bonds are in ! 121.)
$2,000 to $50.00) pieces.
I
Canton Improvement Co.—The annual
lepcii for
Springfield, Mass.—Total debt, $2,007,786 ; cash : year
ending May 31, 1878, is in V. 27, p. 14. Of the
assets, $344,450. The railroad debt falls due $20,• 00
$2,500,000
mortgage
$6.-0,000
is
reserved
to
each year. No registered bonds. Tax
stervaluation, ling loan. The Company owns the stockpay
of the
1870, $25,514,060; 18?6, $35,109,450; 1877, $30,697,776. I Union
Railroad Compmy and guarantees its bonds.
Rate, P32. Population in 1875. 31.053.
(V.24 p. 613; V. 27, p. 14.)
Toledo—'Total debt, Jan., 1878, was
$1,778,819. Of
Consolidation Coal— Annual report for 1877 in V.
this the debt payable by special assessments was
$723,.;0J, and the certificates of indebtedness, $102- 26, p.262, showing gross receipts. $1,475,55*; ex¬
200. Taxable valuation of property, 18.7,
$1,216,644; net, $223,914. Consol, mortgage
$19,538,720; penses,
bonds are held to retire old
tax

■/

N.

J. & J.
M. & S.

M. & N.
F. & A.

4,291,300

1,000
1,000

& D.

8
8
8

100

Apl. 1,’94, to 1905
Apl. 1, 1879-1893

do
do
do

298,000
432,000
816,000

603,000
5,708,700

100
100

J.

do
do
do

5,938,200

ioo

1881 to 1884
1880 to 1906
1879 to 1884
1878-1890

Boston, Merchants’ Bank.

J.
J.

‘

Oct.’81-’4,July,’85
July, ’84, Apl., ’95
A pi., ’95, July, ’96

City Treasury.

7
7
6
2

....

....

5

2

5,000,000
481,500
2,000,000

....

25
50
100

6

Various
Various
Various

1*2
2*2

4,400,000
10,000,000
20,000,000

....

....

A.&O.

5,000,000
(?)

500,000
2,500,000

Boston, Nat. Security Bank Oct. 1, 1878-’79
do
do
April, 1879 to ’84
do
do
July 1, 1880 to’84

J. & J.
do
A. & O. C. Treas.& Bost. Mclits.’ Bk.

6
5
6

7,620,000
10,000,000

1,000

dend.

^

7
6

,

....

.

5, 6

1,000,000

1,000,000

£ 100

512, 6

3,756,000
2,000,000
2,492,000
1,000,000
1,000,000

1,000
100
100

612

387,000
363,000
137,000
498,000
500,000
400,000

....

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

5

6 & 7
7
6
8
73
6
8
7
8
7 & 8

when Due.

Stocks—Last Divi¬

Various
do
do
Various
do
do
Various
do
do
Various
do
do
Various
do
do
Various
City Treasury.
Various Boston, First National B’k.
A. & 0.
do
do
A. & O.
do
do
Various
City Treasury.
A. & O. N. Y., Imp. & Trad. N. Bk.
M. & N.
do
do
F. & A.
do
do
Various
do
do
Various
do
do
Various
do
do
Various
do
do

5^2

10,250,000

1,000

....

Mariposa Land d l ining Company—Stock

1,107,500
578,000
923,000
783,000
600,000

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

Bonds—Principal,

Where Payable, and by
Whom.

Pay’ble

6

12,000,000
18,000,000
1,500,000
15,000,000
4,000,000
1,740,000

£200
500 &c.
500 &c.
100

6^2
6^2

55,000
340,000
500,000
800,000
190,000
261,800
327,400
100,000

....

100
100
25
100
100

461,000
165,000
115,000
140,854
200,000
325,000
320,000
177,000
223,000

1,000,000
723,300

m

Large.
Large.

....

f...

s.

m.m

....

....

Un. RR., 1st M., end. (s. f., rents on
$220,163)
do 2d M.,g.,end.,(s.f. gr’ndr’nts
on$144,800)
Consolidation Coal of Maryland—Stock

s.

^

.

7

594,500
90,000

....

....

1873
1874

M.,coup.,

....

....

1874

mortgage (convertible)
mortgage, consolidated, convertible
Cumberland Coal and Iron—1st
mortgage
do
do
2d mortgage..

....

®

$65,000

-

....

....

Mortgage bonds (for $2,800,000)

Canton Improvement Company—Stock
Sterling bonds (sirk.f’d one-lifth of land sales)

Large.

When

Rate.

1,200,000
300,000
75,000
544,500
453,000
42,355

1,000

....

Worcester, Mass—City debt,

outstanding.

Large.
'.

INTEREST.

Amount

oi-

par

of tables.

Somerville, Mass—City debt
City debt

Springfield, Mass— City

[VOL. XXVII

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

DESCRIPTION.

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

STOCKS AND BONDS.

C90.)

N.Y., Company’s Office.

1879

New York and London.
New York, Office.
New York, Office.
N. Y., Union Trust Co.
N. Y., Treasurer’s Office

Oct., 1877
June 10, 1878
Nov. 15, 1876
Sept. 1. 1878
July 15, 1878
July 15, 1878
May, 1902
May, 1900

N.Y., West, Union Tel.
N. Y., Company’s Office.
New York, Office.

London, Morton, R.& Co

March 1, 1900

Maryland Coal—Balance sheet, V. 24,

V. 26, p. 95

p.

226;

Pacific Mail Steamship Co.—A reference to the
pages following is necessary to get definite infor¬
mation. \V. 24, p. 322,
517; V. 26, p. 217,523,
547, 625, 653; V. 27, p. 68.)
Pennsylvania Coal.—Liabilities

dividends

are

at

p«id.

a

minimum and

Pennsylvania Anthracite Coal.—'This Company’s
bonds admitted

stock and

Feb., 1877.

to

(V. 24, p. 112.)

N. Y. Stock

Board

Pullman Palace
Car Company.—The
sterling
bonds of 1S75, of which the whole issue
authorized
is $1,000,000, are convertible into stock
from April

1, 1878, to April 1. Ib81. Annual reports have been
published the last two years in V. 23, p.
402; V.
25, p. 308. (V. 26, p. 217.)

Quicksilver Mining Company.—Annual report for
l«7n, with balance sheet, &c., m V. 25, p. 15.
(V.
22, p. 233, >03; V. 2*, p. 507; V. 25, p 15, 358.)
Spring Mountain Coal Company.—This is guar¬
anteed 7 per year till 1885 by
Lehigh Valley RR.
United States Express.—Hew stock of
$1,000,000
issued. (V 21, p. 159; V. 23, p.
87.)
U. S. Rolling Stock Co.—See
report V. 2G, p. 289.
Western Union
June 30, ’77,

Telegraph.—The

$7,255,335 of

its

own

company held,

stock, making the

total $41,073,410. Afterwards stock was
issued on
the semi-consolidation
agreement with Atlantic
& Pacific • elegraph. (V. 25.
p. 183, 261, 355, 433,
473, 593, 619; V. 2t>. p. 135, 266, 804, 592, 626.)

August

RAILROAD STOCKS AND DONDS.

31, 1878.]

Subscribers will confer

a

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

DESCRIPTION.
Miles Date
For explanation of column headings, &c., see notes
of
of
on first page of tables.
Road. Bonds
Alabama Central—{Selma & Merid.)—1st mort
Ala.& Gt.Souih'n.—Receiver’s certitic.of Ala.&Chatt

lstmortgage, new, (for $1,750,000)
Albany <£• Susquehanna—Stock
1st

mortgage

Albany City loan (sinking fund, 1
2d mortgage
3d

per

ct. yearly).

mortgage, sinking fund
mort. (guar. D. &H.) coup., may be
reg...

Consol,

Alleghany Valley—Stock

General mortgage (Riv. Div.)
Bonds to State Pa. (endorsed) 2d mort., East ext.
1st mort., East’n Extern, guar, by Pa. RR
Funding income bonds, with traffic guarantee—
Ashtabula, Youngstown
Pills.—1st mortgage
2d mortgage, income
Atchison <6 Nebraska—1st mortgage
Atchison, Topeka & Santa Fe—1st mort., gold
Land grant mort., gold, (2,289,186 acres unsold).

Consol, bonds, gold
Notes
Land income bonds, 5 to 10 years
Pottawattomie bonds (contingent)
Wichita & Southwest, (leased) 1st M., gold, guar..
Kans. City Top. & West., (leased,) 1st M., gold
Pueblo & Arks Valley, (leased,) 1st M., gold
Extension mortgage, gold
New Mexico & So. Pacific, 1st mortgage, gold
Atlanta & Charlotte.—New pref. mort

Mortgage bonds

Atlanta & West Point—StocK
Atlantic <£ Great Western—Stock (total $40,000,000)
Preferred stock
Old 1st mortgage bonds, Ohio Division
1st general mortgage ($18,000,000)
2d
do
do
($12,000,000)
3d
do
do
($29,000,000)
Leased lines rental gold bonds (Cl. & M.)
do
do
(P. P., P. V. and S. & A.)
Western Extension certificates (Cl., Col., Cin. & I.)
do
do
do
bonds
Atlantic <£• Gulf—Common stock

....

....

150
150
150
150
150
150
53
51
51

.595

1866

Albany & Susquehanna.—This road

2,000,000

500 &c.

253,000

1,000

1,595,000
2,166,500
4,000,000

1,000
100 &c.

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

....

.

.

.

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

....

....

....

....

411
421

1,232,200

4

6,220,400
1,500,000
400,000
1,125,000
7,041,000
3,366,000
3,349,000
466,411
480,000
439,000
412,000
650,000
1,779,000
750,000
15,000 p. m.
500,000

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

1,000
1,000

24,795,298
9,076,250
2,416,300
15,165,200

7
7
7
7
7
7

11,989,680

28,783,000
5,355,000

3,568,000
2,060,000

500
100
100
500 &c.
....

....

g.
g.
g.

g.
g.

8

1,748,500
3,693.200
782,976
1,666.000
300,000
464,000
200,000

500 &c.
500 &c.

1,000
1,000

100
100
....

„

_

„

_

£200
£100
£200

leased for

Alleghany Valley.—This road was embarrassed in
1874, and compromised with creditors. Net earn¬
ings in 1877, $1,144,971. Of income bonds, $2,351,400 are held bv individuals, and
pay interest in cash;
$3,8,*.9,000 held by railroads draw interest in bonds.
Abstract of operations in 1875. 1876 and 1877 in
annual reports, Y. 22, p. 392; V. 24, p. 493, and
V. 26, p. 493.
Ashtabula, Youngstown & Pitts.—It is leased and
operated by Pennsylvania Co. at cost. Net earnings
paid to lessor, but lessee guaranteed interest on
1st mortgage to Jan. 1, 1877.
Defaulted October,
CV. 25, p. 431;

Nebraska.—Gross

earnings, 1876,
$410,225; net, $47,147; unpaid coupons to Jan., 1877,
$1,050,000.
Plan of re-organization, V. 25, p. 510,
by which $1,125,000 bonds and $3,387,000 stock
were given for old bonds and overdue
coupons.
(V. 22, p. 399; Y. 24, p. 442; V. 25, p. 510.)

Topeka & Santa Fe.—Capital stock.

$8,615,000. Net earnings, 1877, $1,219,603; see annual
report, V. 26, p. 468. Interest is paid on $976,000
of the 2d consol, mortgage bonds, but on the balance

378, 575; V. 24,

5,470,000
4,000,000
306,000
157,000
458,000
684,000
621,000
452,500
990,000
969,000
84,190
226,900
28,600

4,970,680
787,000
1,500,000
713,000
484,000
1,022,900
336,900
100,000
13,144,200
4,599,578
1,650,000
579,500
1,710,000
3,146,956
3,041,579

April

i, 1906

Winslow, L.&Co. March 1,1896

j.’
j.
j.

O. N. Y., Winslow, L.&Co.
1901
J. Pittsburgh, Penn. Co.
1904
S.
Mar. 1, 1908
Boston, at Office.
J. N. Y., G. Opdyke & Co.
July, 1899
O.
Boston.
Oct. 1, 1900
O.
do
1903
J.
do
1879 & ’82
J.
do
Jan. 1,1883-’88
N
do
j!
do
July 1, 1902
j.
do
July 1, 1905
j.
do
1905

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

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

Boston.
New York, Office.
do

1908

April 1, 1897
Jan. 1,1907
Aug. 1, 1878

Atlanta, Ga., atTreas’y.

& O. New York and London.
& J.
do
do
& S.
do
do
& N.
do
do
& J.
do
do
& J.
London, Co.’s Office.
& J.
do
do

Oct.

1, 1876
Jan., 1902

Sept., 1902
Nov., 1902

Jan., 1902
Jan., 1903

July 1, 1876

7 g.

A. & O. N.

Y., First Nat. Bank. Oct. 1, 1901

8
7
8
8
6
6
6
8
8
8
3
3
6
6
6
6

J.

Y., Perkins, L. & P.

J.
J.

g.
g.
g.
g.

3*2 “

9,346,500
880,000

•

180, 203, 369.)

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

& J

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

July.

do

N.

do
do

do
do
do
do
do
do
do

N.

1897

1879

Y., Perkins, L.& Post
do

J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
A.
S.
N.
O.
N.
N.
D.
J.
J.
N.
J.
0.
J.
O.
S.
J.
J.
S.
N.
J.

Nov.

1, 1888

May 1, 1889

Jan.
Jan.

do
do
do
do
do
do
do

1, 1877
1, 1877

July 1, 1893
1, ’84-’90
1, ’84-’90
1, ’86-’90
July 1, 1884
Mcli. 1, 1900
Jan. 1, 1875
Lynchburg Office.
Y^., Perkins, L. & P. July 1, 1880
Jan.
Jan.
Jan.

Portland.
Feb., 1878
London, Gr. Trunk Rw. Mcb. 15, 1878
Portland.

May 2, 1886

London, Gr. Trunk Rw.

Oct. 1, 1884
Oct. 1, 1891
Nov. 1, 1878

do
do
do
do
Savannah.

June, 1878

Phila.,Farm. & M. Bank July 1, 1881
do
do
July 1, 1884
Baltimore Office.
May 15,1878
Jan. 1, 1878
June 24,1878
1880
Balt., Merchants’Bank.
Baltimore Office.
1885
London.
1895
Baltimore Office.
1890

Balt., Merchants’ Bank.
Baltimore Office.

London, Naylor & Co. Jan. 1, ’80 & 81
London.
Mcb. 1, 1902
1910
London, Speyer Bros.

Baltimore.

1879-1900

sold at auction at

were

V.

24,

p.

(V. 22, p. 469;
39, 181, 203, 368; Y. 25, p. 57, 407.)

Atlantic, Mississippi & Ohio.—Gross earnings
ending June 30, 1877, $1,802,281; expenses,
$1,331,412; net earnings, $470,83'.*. For year ending
June 30, 1878 (May and June imtly estimated),
gross earnings. $1,788,031; net, $724,011; construc¬
tion, &c. $300,448; balance, $*2-‘,563. The divi¬
sional bonds matured 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
year

holders.
A

121)

final

Interest on the divisional bonds is
decree of sale under the consolidated

paid.

mortgage is expected in October. 18'8. A scheme
of re-organization approved by the consolidated
mortgage bondholders (mostly in London) will
probably be carried out. (V. 25, p. 261, 532; V. 26,
p. 141, *42, 444, 522; V. 27, p. 40, »7.)
Atlantic & St. Lawrence.—Leased for 999 years,

Atlantic & Great Western.—This road was leased
to the Erie for 99 years from May 1, 1874, but
lease

was

contested.

Shortly after

(in

July, 1874) default was made on its bonds. Pro¬
ceedings looking to re-organization are in progress,
consideraole

a

amount of securities has

been

deposited by holders with the London Committee.
There has been litigation as to postponing the pay¬
of the old Ohio Division

bonds.

In

Jan.,

1878, £4 per bond was paid on the coupons of Jan.,

1876, of the leased line rental bonds of 1872.

earnings in

Gross

$3,973 278; net income over
rentals, &c., $154,170.
(V. 25, p. 16, 334, 510,
5 91, 640; V. i6, p. 66, 95, 214, 444.)

187?,

sectional mortgages,

on

stock.

Voted to issue stock to pay bonds due 1878.

(V. 27, p. U7.)
Augusta <& Savannah.—Leased to Central of Geor¬
gia for $73,000 per annum ; has surplus fund of
about $50,000.
Bald Eagle Valley.—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.

for 1876-7 in

of the “Main

financial condition of B. & O.
follows :

Gross
1876-7.

consoli¬

mos. in arrears.
In New York, July,
’77, $1,000,000 2d mortgage bonds, held as collateral,

July, 1853, to Grand Trunk Railway of
Annual rent, 6 per cent on bonds and

Co. for four years were as

prior lien3 to the

consolidated, is paid by receivers, and

'

Canada.

Stem,” &c., and

Eer
cent and
coupon
notes;Bainbridge
$45,000 Junction
BranchInter¬
RR.
onds,
$52,500
Ext. bonds.
on

from

Baltimore & Ohio.—Annual report
V. 25, p. 509. The gross earnings

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

est

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

M. & N.
M. & N.

6
7
4 s.
3
25
6
6
6
6 g.
6 g.
6 g.
6 g.
6

2,074,000

p.

July 1,1878
July, 1888
Nov., 1895
Oct., 1885
May, 1881

Jan’ary Harrisburg, Treasury. $100,000 y’rly
& O. Philadelphia or London
Oct., 1901
& O.
1894
Pittsburgh.

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

N.

earnings, in 1877-3
$321,140, in 1876-7, $311,158; net earnings in 1877-8,
$145,435, in* 1876-7, $106,949. There are $83,000
bonds outstanding.
(V. 25, p. 137; Y. 27, p.

ment

& J. N. Y.,

J.

Jan. 1, 1908

Savannah.

Atlanta & West Point.—Gross

and

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

J

Atlanta A Charlotte.—The Atlanta & Richmond
Air-Line was sold in foreclosure December, 1876.

the

June, 1901

....

1876,
ten-year
scrip. Coupons of 1877, on notes of 1882, paid half
in cash and half in
scrip due 1882. The extension
of leased lines and new roads
building in 1878 are
referred to in V. 27 p. 15. The K C. T. & W. is
leased at 3) per cent of gross earnings, rising to 31
per cent in 1880 and thereafter.
(VT 25, p. 380; V.
26, p. 367, 4 6 8 469, 522, 574; V. 27, p. 15, 40.)

p.

& J.

7
7
7
7

of that issue coupons were funded to Oct.
and were then paid, half in cash and half in

(V. 23,

Stocks—Last
Dividend.

Payable, and by
Whom.

313

8.857,352

....

pal, When Due.

7

,

was

from 1870 to Delaware & Hudson Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change in terms made in 1876. Consol,
mortgage is for $10,000,0j0, of which $3,450,000 is
to retire old bonds, and balance for a part of old
stock and to lessee for improvements, which up to
April, 1876, were $1,978,672. (V. 22, p. 399, 495; V.
23, p. 101, 427; Y. 25, p. 61.3.)

When

6,921,900

....

1874
1875

....

4,250,000

7-30
5
7 or 6 g.
7
7 g7
7
7 g.
7 g.
7 g.
7
8
7
7 g.
7 g.
7 g.
7 g.
7 g.
7
7

....

1850
1853
1870
1855
1874-5
1872

7

3,200,000
10,000,000

....

1,000

....

....

a

7
6
7
7

1866
200 &c.
1866
200 &c.
1854
1,000
1865
1,000
Var’us Various
1869
100 &c.
100
£100
1868
1,000
1864
£100
1871
£100
1853
£100
100
100 &c.
1861
1864
1,000
100

30

150 years




1871
1871
1857
1857
1868

....

Alabama & Great Southern.—This is the Alabama
& Cha tanooga reorganized after sale. New bonds
issued as stated in V. 27. p. 07.
(V. 25, p. 40, 186;
V. 26, p. 17, 39, 84, 564; V. 27, p. 85, 121.)

Atchison,

1868
1869

....

Debentures, sterling
Sterling mortgage, sinking fund
Sterling mortgage, sinking fund
Purchase of CbnnelTsv. RR (payable $40,000y’ly)

&

58

81
81
81
133
133
133
214
214

Loan, 1850
Loan, 1853
do
1870,sterling, £800,000, sink, fund
Baltimore loan, 1855-’90, sink, fund

Atchison

1867

428
428
428

do

1877, and to be sold in foreclosure.
Y. 26, p. 14i, 496.)

286

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

1,000,000
933,000

:

350

6 g.

1,000
1,000
1,000

1873

....

J.

3*2

....

.

8

3,500,000

1,000
1,000

1871
1871
1872
1873

Payable

100

1872
1875

i871

When

Cent.

1,060

....

460
460
460

Rate per

(?)
335,000

500 &c.

....

87

mortgage

Negotiations pending for a new adjustment, and
piece of new road now building. (V. 27, p. 40.)

$1,600,000

1878

1878
1878
1877

567
567

Registered certificates....
Interest funding bonds....

Alabama Central.—In default since January, 1872.

$---.

.

58

Baltimore & Ohio—Stock
Preferred stock
Washington branch

Outstanding

....

265*2

.

Value.

....

2*65*2

Sterling bonds, not mortgages
Augusta <£• Savannah—Stock
•.
Bald Eagle Valley—1st mort., s. f.($5,000 per year).
2d mortgage ($5,000 per year)

'

1866
1870
1871
1874
1871
1874
1878
1869
1870

65
148
57

.

Amount

50

27*2

Stock, sterling
Portland city bonds, 1st mort., sinking fund
2d mortgage, sterling, 5-20 years
do

1863
1865
1865
1869
1876

....

.

or
Par

Bonds—Princi¬

INTEREST OR DIVIDENDS.

Size,

....

....

Atlantic & St. Lawrence—Stock, currency

do

1878

....

Virginia & Tennessee—Enlarged mortgage

3d

296
201
142
142
142
142
142
262
132
110
110
262

....

2d mort. to the State (no interest till 1880)
Norfolk & Petersburg—1st mortgage
do
do
1st
do
do
do
2d
do
South Side—1st pref. consol. M., guar. Petersb’rg
do
2d
do
do
do
do
3d
do
do
do
4th

1871

149
470

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

do
do
do

81

62*2
62*2

Guaranteed "stock
Consolidated 1st mortgage
Sav. Albany & Gulf RB. mortgage bonds.
Southern Georgia & Florida, 1st mortgage
do
do
2d mortgage

do
do
do

XV

dated bonds 6

-

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

Earnings.
$8,262,045
9,632,361
10,514,178
11,693,955
12,252,844

•

Stock and
Debt.

Net

Earnings.
$3,656,^93
4,215,554
4,332,206
5,018,060
4,934,796

\
47,311,000
47,173,000

45,876,000
28,567,00

XVI

RAILROAD STOCKS AND BONDS

Subscribers will confer

a

great

favor by

giving Immediate

[VOL. XXVII

notice of any error

DESCRIPTION.
For explanation of column

headings, &c.,

lirst page of tables.

on

Miles

Date

of

of

see notes

Road. Bonds

Baltimore A Ohio—(Continued)—
Loan., ster., (s. f. £7,500) lien on Cliic. line bonds.
Northwestern Virginia, 3d mortgage, 1855-85
Bonds to State of Maryland
Baltimore A Potomac—IstM
(tunnel) gold, s. f. 1 p. c.
1st mort., gold, tax
free, coup., s. f. 1 per cent

263

...

....

....

....

98
98
56

2d

mortgage, income, main line and tunnel, reg..
Belleville A South. Ill— 1st M..
sink’g fund, guar
Belvidere Del—1st mort. due
1877, extended, guar.
2d mortgage bonds of 1854
(guar, by C. & A.)
3d mortgage bonds of 1857
(
do
do
)
Consol, mortgage of 1876

Berkshire—Stock
Boston A Albany—Stock

.*

Dollar loan
Loan of 1875, coupon or registered
Boston, Barre A Gardner.—1st mortgage
Bost.yClin.A Fitchb.A N.B.—Stock ($1,750,000
pref.)
1st mortgage, Agricultural Branch
Mortgage bonds 1869-70
Bonds

Equipment

Boston, Concord

151
29

43

7s)

are

160
82

10,000

ac.

iladelphia— 1st mort., gold
2d mortgage (for
$1,000,000)
Burlington, C. Rapids A Northern— 1st mortgage

66
....

26
142
140
121
121

...

40

191

Consolidated mortgage

j- may
Omaha & S. W., 1st
mortgage, guar
J uei'£Republican Valiev Railroad, 1st
mortgage
Burl. A Southwest— 1st
mort., cp., may be reg
Cairo A St. Louis—1st
Cairo A Vincennes—1st mortgage
mortgage, gold

191
49
71
181
144
156
139
139
139
67
60
60
31
291
242
242
92

CalUornia Pacific—1st
mortgage, gold
2d mortgage, endorsed
by Central Pacific
3d mort., guar,
by C. P. ($1,000,000 are 3 p. c.)
Camden A Atlantic—Stock
($838,150 of it pref.)
1st mortgage (extended 20
years in 1873)
2d mortgage
Camden A Burlington Co.—1st
mortgage
Can. South.—New
mort., int. guar.(for $14,000,000)
Carolina Central— 1st
mortgage, gold, coupon
Income bonds, coupon
.

Catawissa—Common

stock
New preferred stock
Old preferred stock
1st mortgage bonds

70

58
146

The gross earnings of the main and
all leased lines
m
1876-77 were $13,--08,860, and net

earnings,
$4,952,805, including earnings of Pittsburgh Division.

Div. of 25 per cent on Wash.
Branch stock in June,
-1873. (V. 25, p. 62, 107, 5t
9, 532; V. 26, p. 259,

367, 593; V. 27, p 67.)
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, 1877,
$111,788 (V. 22, p. 588;
V. 24. p. 5*3; V. 26,
p. 598.)
Belleville & SouthemlUinois.—Leased and
by St. L. Alt. & T. H. Co. on a percentage operated
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 $123,566.
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 <fc 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 four years the
following has been

Gross

Earnings.
$6,779,610
7,074,758

Net

Earnings.

$2,166,844

Total Stock
and Debt.

$28,870,509

2,391,764
27,129,282
7,634,139
2,262,147
26,478,282
8,963,128
2,4H,916
25,422,100
(V. 23, p. 47*3; V. 24, p. 204; V. 25,
p. 430; V. 26,
p. 166.)
.

•

...

Boston Parre & Gardner.—Income in
1876-77
showed a deficit of $44,420 under interest
charge.
Bost. Clinton Fitchb
&N.Bedfd.—This was a con¬
solidation in May, 1876. of the B. C.& F.
and the N.
Bedf. roads. M y 1. 1878, there were
$719,792 notes
outstanding. (V. 23, p. Oil; V. 24, p. 13 4, 518.)
Boston, Concord <£ Montreal.—Gross earnings for
the year ending with
net

earnings, $201,100.




March, 1878,
There

are

were

$654,272;

also $76,000 old

1,000
1,000

1,000
’61-’74 500 &c.
1858
1873

100
100
100 &c.
100 <fcc.
500
.

-

.

.

.

•

ioo

.

100

....

1,000
500 &c.

ioo"

1863

&C,

50 &c.

1869
1869
1S70
1869
1873
18784'
1872
1878
1870
1871
1871
I860
1871
1875

500
500
500
500
500
500

&c.
&c.
&c.
&e.
&c.
&c.

1,000

1,000

1,000

1,000
50

1864
1866

1861
1863
1866

745,000

1,200,000
600,000

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

IV

20,129,282

4
7
6
7

5,000,000
2,000,000
400,000

.

.

.

.

6
7
7

8
6 & 7
3

202,000
1,478,000
3,250,000
200,000
999,500
500,000
425,000
6,921,274
3,500,000
500,000

4,000,000
500,000
(?)
580,000

950,000
2,380,000
2,582,000
905,500

6,500,000
4,638,250
289,500
279,000
370,500
5,715,000
600,000
(?)
1,034,000
853,000
1,800,000
2,500,000
2,250,000
1,600,000

490,000
497,000
350,000
(?)
3,000,000
3,000,000
1,159 500
1,000,000
2,200,000
230,500
209,850
1,300,000
589,110
198,000
1,334,000
6,850,400
769,600
700,000
582,000
2,332,000

7

7
7
7
6
3 &
2
7
7
6
3
6
7

A.
A.
J.
J.
,r.

g.

g.

31*2

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

312
7
7
5

7
7
1

1889
1893

do

Boston, at Office.
do
do
do
do

July 1, 1878
Oct. 1, 1879
April 1, 1892
March 1, 1895
July 1, 1896
May 15, 1878
Jan., 1893 & 94
Aug. 1, 1895
May 15, 1878
July 1, 1893

do
do
do
do

Boston, at Office.
do

do

New York.

Boston, at Office.
do

do

,

1896
1877
1916
1896
1893
1906
1893
1879
1894
1889
1894
1883

1896
1918
May 1, 1895
Oct. 2, 1901
Oct., 1909
Jau. 1, 1889

A O.

&
&
&
&

perpetual

Buffalo, New York A Erie.— Leased to Erie in
1863, for 490 years, at 7 per cent on stock and interest
sinking fund on bonds. (V. 23, p. 646; V. 24, p.
346; V. 25, p. 16.)
Buffalo, New York A Philadelphia— This is the
connecting line of the Philadelphia & Erie with
Buffalo. (V. 26, p 574.)
Burling ton Cedar Rapids A Northern.—The stock
is for
$10,00’,(00, c.f which $5,500,000 has been
issued. This company
guarantees $150,000 Minne¬
apolis & St. L. RR. bonds. (V. 24,
p. 518; V. 25, p.
and

260,510.)
Burlington A Missouri River.—An agreement of
consolidation and a perpetual lease to
Chicago, Bur.
& Quincy, was made in
Oct., 1S72. In
1875.
stock of Chic. Burl. & Q. was issued August,
in place of
stock of this C.».

&
&
&
&
&
&
&
&

N.
Philadelphia.
N.
do
A.
do
A.
Philadelphia.
A.
do
J. New York, 44 South st.
O. N.Y.,J. S.
Kennedy & Co
J.
do
do

F. & A.
F. & A.
F. & A.
M. <fc N.
8s

May 15, 1878
May 15, 1878
Feb. 1, 1882
1888 to ’89
Feb. 1, 1900

July 2, 1878
April 30, 1884
Jan. 2, 1907
Boston, Treasurer.
Aug. 1, 1878
do
do
Aug. 1, 1878
N. Y., Nat’l Park Bank.
Aug. 1, 1891
do
do
Aug. 1, 1894
do '
do
May, 1916

maturing in 1894.

Omaha & S. W. is leased. The

Republican Vailey road is leased and interest paid
on its
bonds, which are changeable for B. & M.
consolidated bonds on any coupon
day after July I,
1879.

(V. 26, p. 192, 494,548, 598; V. 27, p. 15,
67,171.)

Burlington A Southwestern.-defaulted Nov., 1873.
Foreclosure in

progress.
(V. 21, p. 159, 441.)
Cairo A St. Louis.—Defaulted in 1873
by failure
to receive town and
county bonds.
Receiver ap¬
pointed December, 1877. Deficit in earnings
1876-7,

$30,115.

(V. 22,

p.

352; V. 25,

p.

511, 569.)

Cairo A Vincennes.—Defaulted in 1874. In
hands
of receiver.
Deficit in earnings 1816-7,
$11,747.
(V. 22, p. 446.)
California Pacific. - Gross earn’gs,’76-7, $1,326,632;
net, $448,026. Extension bonds of $3,500,006 and in¬
comes of $1,000,000
were in default, and the new
bonds of 1875, guaranteed
by Cent. Pacific, were
issued iD place thereof. (V.

(V.

and for convertible bond-*. Annual
report V. 20, p. 335. (V. 20, p. 139; V.
22, p. 87.)
Burlington A Missouri in Nebi'aska.—The stock is
$8,583,750, and a dividend of 2 per cent was made
August 1, 1878.
Has a valuable land grant.
A
proposal is made to issue new 6 per cent bonds for

&
&
&
&

Q.-F.

312
7
7
7

for purchase of branch
notes

due.

do

'

November, 1877, $800,000 ten-year

were authorized, to take
up others l'alliug
23. p. 547; V. 25. p.
531.)
Buffalo, Bradford A Pittsburgh—Under
lease to Eiie at $40,690
per year.

Boston Office^

O, New York and London.
J. N. Y., Nat’l Park Bank.
J.
do
do
1891
j.
New York.
July, 1905
Q.-J.
Camden, Co.’s Office*
Jan, 15, 1877
j. & j. Phila., Farm. & M. B’k.
Jan., 1893
A. & 0.
do
do
Oct., 1879
F. & A.
Phila. and Mt. Holly.
1897
J. & J. N. Y., Union Trust Co.
Jan
1, 1908
J. & J. N. Y.
Office, 4 Broad st. July 1, 1923
A. & 0.
do
do
April 1, 1914

g.
g.
g.
6

Gross

issued

In

‘

June 1, 1927
1885

J.
New York, Erie RR.
Jan. 1,
3*2
D.
N. Y., Erie
Dec. 1,
Railway.
7
D.
do
do
June 1,
6 g.
J. N. Y., Farm. L. & T. Co.
July 1,
10
& J.
do
do
July 1,
5
&D.
New York.
1-7
Sept. 1,
i
& O. Boston and New
York. Oct. 1,
8
O.
do
do
April 1,
8
& J.
do
do
July 1,
8
& J.
do
do
July 1,
8
& J.
Boston Office.
July 1,
8
& J.
do
Jan. 1.
do
8
J. <fc D.
do
June 1,
6
J. & J.
do
July 1,
8
M. & N.
Boston, Co’s Office.

earnings 1877-8, $265,925;
net,$77,482. (V.22,p.567; V.24,p.589; V.i6,p 598.)
Boston A Piovidence.—The bonds and also
$794,000
notes have been
roads.

Lon., J. S. Morgan & Co.

& J. Balt., Mech’s Nat.
Bank
& J.
Baltimore.
July 1, 1888
& J. Baltimore or London.
July 1, 1911
& O.
’
do
do
April 1, 1911
& J.
Baltimore.
Jan. 1, 1915
& O,
N. Y., Russell
Oct. 1, 1896
Sage.
& D.
1902
Philadelphia.
& S.
do
1885
& A.
do
1887
& J. Treasurer,
Trenton, N. J. Jan. 1, 1916
Q.-J. Boston, Kidder, P. & Co July 1,1878
M. & N.
Boston Office.
May 15, 1878
F. & A.
do
Feb. 1, 1892
J. & J.
do
July 1, 1895
A. & O.
Worcester, City Nat. Bk. April 1, 1893
M. & N.
Boston Office.
J. & J. Boston, Boston N.
Bank July 1, 1884
J. & J.
do
do
1889 &’90
J. & D.
do
do
June 1, 1896
A. & O.
do
do
’81,’82, ’83, ’85
J. & J. Boston, Suffolk N. Bank
July, 1881& 94
M. & N.
Boston Office.

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

bonds due in 1865, and
$350,000 due in 1875. (V. 24,
510; V. 26. p. 546.)
Boston <fe Lowell.— Operated with the Nashua &
Lowell, which receives 31 per cent. There are
$407,000noies outstanding. (V. 23, p. 500; V.
25,
p. 16; V. 26. p. 39; V. 27, p. 121.)
Boston A Maine.—Net
income, 1876-7, $C60,964
against $846,653 in 1875-6. (V. 22. p. 280; V.
23, p.
500; V. 25. p. 531.)
Boston A N. Y. Air
Line.—Formerly N. Haven
Middletown & Wil. Road
cost about $6,000,000,
represented now by $3,000,000 preferred stock and
common.

& D.

6
J. & J.
6 & 7
A. & O.
2
J. & J.
6
' A. & O.
7
A. & 0.
7
M. & S.
6
J. & J.
3
M. & N.
7
J. & J.
7
F. & A.
3
M. & N.
7
J. & J.

p.

$1,000,000

Stocks—Last
Dividend.

May 13, 1878

1,000,000

1,215,550

1,000

'

499,500

800,000

Where Payable and by
Pay’ble
Whom.
r

1,000,000

3,047,700
400,000
799,600
528,000
870,000
571,500

Bonds—Princi¬

pal, When Due.

When

5
J.
6
J.
6
J.
6 g. J.
6 g. A.
6
J.
8
A.
6
J.
6
M.
6
F.
7
J.

140,000

366,370
1,500,000
3,000,000
1,133,000
1,100,000

3,000,000

500 &c.

Rate per
Cent.

$8,000,000

500

50

1872

Outstanding

3,500,000

1,000
1,000

INTEREST OR DIVIDENDS.

Amount

1,000
1,000
1,000
'50

1853
1855
1867
1878
1873
1874

274

mortgage

do
do

1875-6
1874-5
1873-4

14
61

1,000
1,000
100 &c.

.

1854
’69-’70
1876

65

i’oo

1,000

....

ioo

Chattel mortgage bonds
New mortgage
Cayuga A Susquehanna—Stock
Cedar Falls A Minn.—Bonds oil 1st
div. sink, fund..
Bonds on 2d division,
sinking fund
Cedar Rapids A Missouri—Common
stock
5
Preferred stock, 7 per cent

500
500

1871-2
1875

1876
1871
1873
1876
-

.

i,6bo
1,000
1,000
1,000
1,000

1,000

367
281

Burl.AMo. Riv.—1st M. on r’d& 400.000 ac’s I’d
) Cp.
Income b’ds, conv. C. B. &
st’k
1st mortgage, conv. do. onQ.br’cli (4tli ser.) [may
(5tli ser.) [ be
Convertible bonds, C. B. & Q. st’k (6th ser.)
J reg.
Burl. A Mo. in
Neb.—IstM., conv., laud gr.. )
Bonds, convertible till Jan., 1882
IVnov

£200

$....

1873-4 500 &c.
1875
1,000
100
1873

*52

A Ph

-

1872
1875
1876

204

I’d)....

Value.

100
100

....

.

or

par

....

166

New mortgage

1876-7

»

m

....

($400,000

A

year notes for $800,000
Buff.,Brad. A Pitts.—Gen. M.,(incl.
Buffalo. New York A Erne—Stock

its exhibit:

m

1877
1855
1878
1871
1871
1875
1866
1877
1854
1857
1876

38*2

Bonds, coupon and registered
Boston A New York Air-Line—1st
mortgage
Boston A Providence—Stock
Bonds to purchase
branches, coupon or registered
Ten

roads.

84
21
321
....

Bonds
Bonds
New bonds
Boston A Maine—Stock

1st

....

m

Montreal—Preferred stock
Com. stock (for old dividends &
new stock)
Sinking fund bonds ($654,000)
Consolidated mortgage bonds (for
$2,000,000)....
Boston A Lowell—Stock
Mystic wbarf purchase bonds

Buffalo, N. i.

64

67

notes

N. Bedford Railroad
bonds

Size

discovered in these Tables*

468.605.)

23, p. 62; V. 24, p. 274,

Camden A Atlantic.—Gross
earnings, 1877, $477.483; net, $177,041.
Interest, &c., $92,379. Divi¬
dend, 2 per cent.
Camden A Burlington Co.—Leased to
United
Companies, at 6 per cent on $382,000 stock.
Canada Southern.—These bond* have
interest

riaranteed for 20 years by New York Central,

at

per cent for 3 years and 5 per cent for 27
years,
but no guarantee of
al. (V. 25, p. 283, 308,
375; V. 26, p. J 67, 391, 574;
27, p. 94.)

Carolina Central.—Receiver appointed
December,
1876. Passed interest
January, 1876. (V. 23. p. 622.)
Catawissa.—Leased to Phila. & Read., Oct., 1872.
New preferred stock dividend to be 7
-per cent
in 1875-6 and afterwa d.
(V. 20, p. 381.)
Cayuga A Susquehanna.—Leased in perpetuity to
Del. Lack. & West.
Dividends, 9 per year.
Cedar Falls A Minnesota.—Leased to Dub.& Sioux
City, and sublet to Ill. C. at $1,500 per mile yearly,
and a per cent of all
earnings over $3,500 per mile.
Cedar Rapids A 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
one-fifth of all above that. (V.
20, p. 162.)
-

August 31,

RAILROAD STOCKS AND BONDS.

1878.]

zvfi

Subscribers will confer a great favor by giving Immediate notice of any error discovered In tliese Tables.
DESCRIPTION.
For

Miles

explanation of column headings, &c., see notes
on first page of tables.

Central R. R. <6 Bank, Qa.—Stock
Genera] mort. “tripartite” Ms ($5,000,000) coup.
Macon & Western bonds
Central of Iowa—1st mortgage gold, coupon
2d mortgage, gold, $4,000 per mile
Central of New Jersey—Stock

Mortgage bonds.

'—J

5781

:

Bonds (convertible Nov., 1875 to 1877)
Consolidated mortgage (for $25,000,000)..
New general mortgage (“blanket”)
Newark & New York, 1st mortgage
Lehigh & Wilkesbarre Coal Co., 1st mort. guar
do
do
Consol m., coup. guar.
Am. Dock& Imp.Co. bonds, guar. Cent.of N. J
Central Ohio—Common stock..
Preferred stock
1st mortgage bonds.
Central Pacific—Stock
iftc
1st mort., gold, (2 sinking funds, $50,000 each)..
California State aid, gold (s. fund, $50,000)
^

Bonds, formerly conv. into U. 8. bds (s.f.,$35,000)
1st mortgage on San Joaquin Valley Branch,
U. S. Loan, (2d lien on certain terms)

gold

Western Pacific, 1st mortgage, gold...;
do
Government lien
Cal. & Oregon, 1st mortgage, gold (guar by C.P.).

C. P. bonds, mortg. on C. & O. Br. ($7,200,000 g.)
San Francisco O. & A., 1st mortgage ($1,500,000)
Land bonds on 11,722,400 acres.
Charlotte Columbia <£ Augusta—1st mort. consol...
2d Mortgage
.‘
Ohartiers—1 st mortgage
.

Cherry Valley Shar. <t Al.—1st mort., convertChesapeake <& Ohio—1st mortgage, gold, “A”
1st mortgage, gold, “ B”
(Va. Cent. R. R.,) guaranteed by Va.
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,) coup.
Funded interest, coupon bonds...Cheshire—Stock, preferred
Bonds, not mortgage
Chester Valley— 1st mortgage
Chicago <6 Alton—Common stock
Preferred st’ck (7 p. c. y’rly not cumulative)
General mortgage, sterling, for £900,000.
1st mortgage
r
Income bonds
Joliet & Chicago, 7 per cent, stock
do
do
1st mortgage, sinking fund...
St. Louis Jack. & Ch., 1st mortgage
do
do
1st mort. guar, by C. (fe A
do
do
2d mort. guar, by C. & A...
do
do
2d mortgage.
Louisiana & Missouri, 1st mortgage
do
do
new mortgage for $300,000
do
do
guar. prer. stock
,

Chicago & Ill. Riv., 1st mort. ($474,000 guar.)...
Bonds secured by K. C. St. L. & C. bonds
Chicago, Burlington Quincy—Stock.
1st mortgage, sinking fund, (trust)
Consolidated mortgage coupon, (for $30,000,000)
Northern Cross R. R. 2d. mortgage, gold
Trust mortgage (Burlington to Peoria)
Plain bonds (coupon or registered)
Bonds of 1875, (sinking fund $13,860 per year)..
Carthage & Burlington, 1st mort..
Dixon Peoria & Hannibal, 1st m...
Coupon,
UlctJ be
OC Ottawa, Oswego & Fox Riv., 1st m but may
Illinois Grand Trunk, 1st mort
| registered.
'

Quincy & Warsaw, 1st mortgage

..

/

708
620
....

-202
202
359
74
....

97
....

7
....

....

1872
1870
1869
1871
....

1869
1872

1874
1876
1867

1874
1875

137

....

137
137

1213
742
50
138
146
742
158
123
152
152
20
.....

195
195
23
21
434

....

....

....

1865-8
1864
1862
1870

UUt

[

J

Keokuk & St. P., 1st M. (Coup., but may be reg.)
B’ds for St. L. R. I. & C. (sink, fund $50,000) coup.

Quincy Alton <fc St. Louis, 1st mortgage, coupon:
& Canada Southern—1st mort., gold

1868
1872
1870
1870
1869
1872
1871
1869
**

$100

$7,500,000

1,000

3,500,000
117,000

....

500 &C.

1,000
100

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

500 &c.
£200

1,000
1,000
50
50

*

ip

,

2,500,000
54,275,500
25,883,000
1,500,000
1,483,000
6,080,000
25,885,000
2,616,000
1,970,000
6,000,000
2,000,000

1,000
1,000
....

1,000

....

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

500.000

7,764,000
1,810,500

....

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

....

100
500 &c.

88

21*2
677
649
322
220
220
38
38
150
37
37
150
101

28

....

100
100

1873
1863
1862

1,000
1,000
500 &c.
100

1857
1864
1864
1868
1868
1870

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

1875
1878

1,000

1858
1873

1,000
1,000

1872
1875
1869
1869
1870
1870
1870
1869
1876
1876

1,000
1,000

100

1620
466
825
100
96

32
40
70
44
40
43
270
46
73

Chic. £ East. Ill—1st mort., gold, sinking fund
Indiana extern, 1st mort., gold(2dmort on 114m,)
Chicago cC- Iowa—1st mort., coup., may be reg

108
21
80

1869
1872
1871

Central

was

500,000
500,000
300,000
2,000,000
15,000,000
10,000,000
100,000
902,000
300,000
160,500
2,153,300
836,400
500,000
10,065,300
2,425,400
4,379,850
2,383,000
1,087,000

1,000

1,000

890,500
720,000

500 &c.

317,000

1,000
1,000
1,000
500 (fee.

1,000
1,000

1,000

leased.

An

Payable3

J.
2^
7
J.
7
A.
7 g. J.
7 g. iA.

2%
7
7
7
7
6 g.
7
7
2
3
6

4 g6
7
7
6
6
6
6
6
o
8
6
7
7
7
7
6
6
6
6
6
8
8

g.
g.
g.
g.
gg.
g.

g.

7
6 g.
4
8
7
4 g.
7
7
5
8
8
8
8

8
8
5
5
7 g.
7
7 g.
7 g.

8

of the

for 1876, including the land agent’s

report, also groi-s and net earnings to June 30, 1877,
was yiven in the Chronicle, V. 25, p. 200.
Gross
earnimrs, 1876, $18,146,944, currency; expenses,
$8,732,074; net earnings, $9,414,^69.
The policy of
per cent dividends yearly was
Trustees of land mortgage held

declared
in May,
1878, $1,109,242 n cash, and $:,696,942 in notes,
and in August they call d for sale to them of
$!,100,000 land bmds. (V. 25, p. 200, 236, 375, 380;
V. 26, p. 368; V. 27, p. 40. 95, 122, 147.)
Chariot,te, Columbia & Augusta—Stock is $2,578,000,.and $189,500 of old Col. & Aug. bonds are yet
organization scheme now pending was published in outstanding.
Net earnings in the year ending Sep¬
the Chronicle, V. ;6, p. 215 with a brief statement
tember 30, 1877, $2)2,488, against $203,327 the pre¬
of earnings in 1871 and probable future earnings.
vious year. (V. 24, p. 62; V. 26, p. 95.)
Net earnings, 1877, after payment of Lehigh «fc
Char'.iers.—Leased to Pitts. Cin. & St. Louis, and
Susq rental, were $1,838,335.
The report of
Committee consolidated mortgage bondholders was operated by Penn. Co. Net earnings go to lessorin 1877, $42,406. (V. 22, p. 519; V. 24, p. 419.)
arre Coal Company
p. in V. 2b,onp. 63. The Central Cherry V^Ueij, Shar. dk Al.—Transferred to Dela¬
of New Jersey assumes
$2,3iO,nOO of Lehigh ware & Hudson Canal Co., April, 1875. Interest
Coal & Navigation Company’s debt and $2b5,793
unpaid in December, 1875. (V. 20, p. 404.)
of the Railroad Car Trust Company. The Ameri¬
Chesapeake <6 Ohio—Sold in foreclosure April 2,
can Dock & Improvement Co. executed a mortgage
for $2,750,000 and re-organized, with securities
for $4,000,00f‘, in 1877, to secure its bonds.
The 1878,
as above, when all are issued.
'»he piyments on
following table shows the receipts, expenses and net old
Virginia Central bonds and coupons, and notes
earnings, including Lehigh & Susquehanna Divi¬ issued
therefor, were made as per circular, Chron¬
sion:
Receipts.
Expenses. Net earn’gs. icle, V. 27, p. 94. Net earnings 1876-7, $339,307.
1874
$8,589,631
$4,140,601
$4,449,030 (V. 24, p. 62. 299, 320; V. 25, p. 186, 611; V. 26, D.
7,411,637
4,128 *-7
3,282,910 17, 342, 522, 6)5; V. 27, p. 15, 94.)
Cheshire.—Net income, 1876-77, $78,156. New 6
1876
6,946,030
3,684,000
3,262,000
1877
5,659,067
3,2.9,697
2,449,371 per cent bonds for $586,0,0 authorized, to redeem
bonds of 1880. (V. 23. p. 5 4 8; V. 26, p. 495.)
(V. 24, p. 63, 111, 135, 156. 204, 226, 249, 274, 275,
Chester Valley. —In hands of trustees and leased
299, 396, 420, 445, 494, 5IT, 590, 604: V. 25, p. 63,457, to
Philadelphia & Reading. Coupons due 1860, paid
591; V. 26, p. 40, 60, 95, 141, 216, 315, 391, 495, 574,
May, 1876.
592, 624.)
Centred Ohio.—Leased to Baltimore & Ohio RR.
Chicago <t Alton.—The report for 1877 is given at
in 1866 for 21 years; rent 35 per cent of gross re¬ length in V. 26, p. *213, and snows gross earnings of
ceipts for five years, and 40 after. Pays 6 per cent $4,464,343, and net earnings of $2,107,337, against
dividends.
$2,269,407 in 1876. Joliet & Chicago RR. is leased for

fiven in V. 24,

494; and

making 8

in 18757

Lehigh AWilkes-

-

.

......




.

D
Savannah, Ga.
J New York & Savannah
O
Macon, Ga.
New York, Office. J
do
O
do
New York, at office.
Q.-J.
F. & A
do
do
M. & N
do
do
do
do
Q.-J.
do
do
J. & J
do
do
M. & N
London.
Q.—M. N. Y.—Cent. RR. of N. J.
J. & J
do
do
J. & J. Balt., at B. & O. office.
J. & J.
do
do
M. & S. Balt., West. Natl. Bank.
A. & O. N. Y. & San Francisco.
N. Y., Fisk & Hatch.
J. & J.
J. & J. Sacram’o State Treas.
J. & J,
N. Y., E. Kelly & Co.
A. <fe 0.
N. Y., Fisk & Hatch.
J. & J.
U. S. Treasury.
N. Y„ Fisk & Hatch.
J. & J.
U. S. Treasury.
J. & J.
N. Y., Fisk (fe Hatch.
J. & J.
New York & London.
N. Y., Fisk & Hatch.
J. & J.
A. & O.
do
do
J. & J. N.Y.,M.K. Je8up,P.& Co,

Stocks—Last
Dividend.
Jan. 2, 1879
Jan. 1, 1893

Oct., 1880

July 15,1899
April 15, 1901
April 10,1879
1890

Nov., 1902
July 1, 1899
1886
1887
Feb. 1, 1899
June 1, 1900

■

gg-

of the Southern
abstract

&
&
&
&
&

A. & O. Philadelphia, Penn R.R.
J. & D. N. Y., Metropolitan Bk.

8
7
7
7
7
7

[

Where payable, and by
Whom.

Bonds— Pnnoi

pal, When Due..

July 29, 1879
July 29, 1873*
Sept., 1890
Oct., 1877
1895 to ’98

July 1, 1884.
Jan.

1, 1883

Oct. 1, 1900
1895 to >98

July 1, 1899
1899

....

1%

2,467,000
840,000
2,571,350
1,000,000
2,500,000
1,500,000
1,750,000
a part

When

Cent.

6 g.
7
7

1,079,000

500 (fee.

Rate pei

3^
3%

1,000,000
3,000,000
27,644,916
2,715,000
11,521,000
841,000
661,000
1,632,475
423,000
266,000
546,500

INTEREST OR DIVIDENDS.

1
6
7

1,500,000
306,000
2,365,000
564,000
188,000
360,000
1,854,000
(?)

500 &c.
500 &c.

Pacific.—In 1876

Pacific .ine*
annual report

1,680,000

100

....

-

925,000
20,600,000
5,000,000
4,400,000
15,000,000
3,278,000
600,000

A,000

....

-

3,700,000

11,500,000
3,000,000
2,437,950
411,550

1,000
1,000

1872
1867

ending Aug. 31, 1877, 12,409.09*2; net, $8)6,9i5. (V.
23, p.353, 49 8; V. 25, p. 43 o.)
Central of Iowa.— Sold in foreclosure, July 18,
1877, nnd r 1st mortgage.
Gross earnings, 1877,
$723,818; net, *201.190. (V. 23, p. 159,427; V. 24,
p. 135,561; V. 23, p. 62, 237,431, 591; V. 26, p.
215.)
Central of New Jersey.—A full abstract «f the re¬

Outstanding

....

67^

Central Railivad & Bank,, Ga.—Leases several
roads, and guarantees bonds. 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

Value.

1,000

Chicago

Chicago. Cincinnati <£ Louiscillc—1st mort

or
par

....

.....

>,

Size,

1869

434

2d mortgage
1st mortgage,
3d mortgage,

11

Date
of
Road. Bonds
of

Jan.
Jan.

1, 1888
1, 1892
July 1, 1890
Oct.

1, 1890
1895

Oct. 1, 1901
Dec. 15, 1899

.

J.
J.

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

&
&
&
(fe
&
&
&
&
&
&
&
&

N. Y., Am. Exch. Bk.
do
do
do
do
do
do
Boston.
do

J.
J.
J.
J.
J.
J.
N.
S.
S.
J.
J.
O.

1880
1884
1876
1877
Jan. 15, 1878

July 1/80 & ’9®
May, 1872
Philadelphia.
N.Y.,M.K. Jesup,P.& Co. Sept. 4, 1878
do
do
Sept. 4, 1878
Lond’n, J.S.Morgan (feCo. July 1, 1903
Jan., 1893
N.Y.,M.K.Jesup,P.& Co.
do
do
Jan., 1883
N. Y. U. S. Ti n st Co.
July, 3 878
Q.—J.
J. & J. N.Y.,M.K.Jesup,P.(fc Co.
July, 1882
do
do
A. & 0.
April. 1894
do
do
A. & O.
April 1,1894
do
do
do

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

M. (fe S.
M. & N.
M. & S.
J. & J.
J. & J.
J. & J.
A. & O.
J. & J.
J. & D.
M. & N.
J. & J.
J. & J.
A. & O.
J. & J.
A. (fe O.
A. & O.
F. & A.
A. & O.
J. & J.
A. & 0.
A. & 0.
J. & J.

do
do
do

July, 1898
July, 1898
Aug., 1900

N.Y.,M.K.Jesup,P.(fcCo. March 1, 1905
do
do
May 1, 1903
N. Y., Bk. of Commerce. Sept. 16.1878
do
Jan. 1, 1883
do
N.Y.N.Bk.of Oom.&Bost July 1, 1903
Frankfort.
July 1, 1890
N.Y., N. Bk. of Com’rce. Oct. 1, 1890
Boston, Co.’s office.

Boston, Co.’8 Office.
N.Y., N. Bk. of Com’rce.
*

do
do
New York and Boston.
Boston.
New York and Boston.
Boston.
do
•

Boston, C. B. & Q. RR.
N. Y., Union Trust Co.
N. Y., Farm. L. & T. Co.
New York, Co.’s Office.
do
do
New York and Boston.

Jan. 1, 1890
June 1, 1895

May, 1879

July, 1889
July, 1900
Oct., 1890
July, 1890
April, 1879
Oct. 1, 1901
Feb. 1, 1896
April 1, 1902
Jan., 1887
April, 1909
April, 1912
July 1, 1901

on stock and bonds.
St. L., Jack. & Chie.
Railroad leased at $240,000 per year. Louisiana «fc
Missouri Railroad operated under contract. New
extension to K msas City builr, in 1678, and a mort¬
gage on that line (K. t‘. St. L. & Chic. RR.) is
deposited in trust as security for C. & A. gold 6s of
1878.
Chic. & Ill. River was to have been sold May
31, 1878. but sale enjoined. fV. 25, p. 4"3; V. 26, p.
95, 192. 2 1 3 , 289, 436. 547; V. 27, p 41, 94.)

interest

Chicago Burlington
Quincy.—Purchased in Oct.%
1876, St. L. Rock Is. & Chic, road, for $1,570,000 in
gold. Gross earnings for 1877 were, $12,530,875; ex¬
penses,

$7,309,708; net earnings. $5,221,166; interest

charge, $2,139,9 H. The C. B. <fc Q. leases numerous
branch roads, giving them a traffic guarantee (usually
40 or 50 p. ct.) for purchasing th<jir bonds.
1.eases
In perpetuity the Q. A. & St. Louis at $42,000 per
annum.
Enough of the C. B. & Q. consolidated
mortgage is reserved to take up pnor debts.
In

August, 1875, stock of this Company was issued in
exchange for Burlington & Missouri River Railroad
stock, and the same is alsr given for the convertible

bonds of Burlington
Missouri River Railroad.
The bonds of 1876, for purchase of St. Louis Rock
Isl. & C. Railroad, are plain bonds of Chicago Bur¬

lington & Quincy, but offset bv 7 per cent mortgage
bonds of like amount, eecured on St. Louis Rock
Island & Chicago road, and deposited with trustees.
(V. 24 p. 63, 111, 202, 274; V. 25, p. 138; V. 26, p.
190 548.'

Chicago dk Canada Southern.—Connection of Can¬

ada Southern.
Interest in default and amount
overdue January 1. 1877, $628,180. Deficit on opera^
tions in 1876, $23,821. (V. 25, p. 261.)

Chicago, Cincinnati dk Lmtisville.—No

infonue-

tlon furnished.
Chicaao & East Illinois.—The Chic. Danv. & Vine,
was sold io foreclosure Feb. 7 and 8, 1877, aDd both
Divisions were re organized.
(V. 25, p. 40, 334*
3 56, 431, 618; V. 26, p. 264, 315, 419.)

Chicago dk Iowa.—wold Mar. 9,1878,

of 2d mortgage of $1,150,000, and a
Net earnings 1876-7, $114,366. (V.

V. 26, p. 166, 264;

V. 27, p. 40.)

in foreclosure-,

re-sale ordered.
25, p. 138, 307 i:

RAILROAD STOCKS AND

&viii
Subscribers will confer

a

DESCRIPTION.
on

first page

of tables.

Chicago, Iowa dt Nebraska—Stock

2d mortgage (now 1st)
3d
do
(now 2d)
Chic. dt />, Huron—Peninsular, 1st M.,gold, s. f
Port Huron A L Mich., 1st mortgage
Chic. <£ Mich. L. Shore—1st M,, New Buff, to St. Jo.
1st mortgage, main line
1st mortgage, on branches
1st mortgage, on Muskegon & Big R. Branch

Chicago, Milwaukee

dt: St. Paul--Coin, stock...
Preferred st’ek (7 p.c. y’rly, not cumulative).
Consolidated mortgage (for $35,000,000)....
1st mortgage (Lacrosse Div.)
1

82
82
82
166
66
n

m

a

•
,

•

rH

£2

X

QC

k‘rC
>

H ©

mortgage (Prairie du Chien)

Milwaukee A Western

St. P. A Chic. 1st M. (Riv. Div.) $ A
£(coiiv.)
1st mortgage, Hastings & Dakota
1st mortgage, Chicago A Mil. line

■

©

£ CD
o

0.2

Western Union, 1st mortgage

m

i.

52

iso
75
85
197

Iowa Midland, 1st mort., guar, by Chic. A N. W..
Northwestern Union, 1st mortgage, gold

Chicago dt Paducah—1st mortgage
Chicago, Pekin dt Southwestern—1st mortgage.
2d

mortgage
Chicago, Rock Island

dt Pacific—Stock

Branch bonds (sinking fuiid $40,000 per
yr.)
1st mortgage (for $12,500,000) ooup. or reg.

m

Chicago St. Paul dt Minneapolis—1st mort., gold
1st mortgage of 1853
2d
do
1865

Consol, mort. (for
$3,000,000), sink, fund 1 p. c..
Cin. Ham. & I. (Junction) RR., 1st
mort., guar...

Cincinnati, Lafayette dt Chicago—1st mort., goid

Consolidated mortgage
Cincinnati dt Muskingum Valley—1st mortgage...
Cin., Richmond dt Chic.—1st mort., guar. C. H. AD.
2d mortgage, guar, and owned by C. H. & D
Cin. Richmond dt Ft. IP.—1st mort., gold, cruar

Cincinnati, Sandusky dt Cleveland—Stock....
'

Mortgage bqnds, Sandusky, Dayton A Cincinnati
do
Sandusky city A Ind
do
Cincinnati, Sandusky A Cleve...
Cincinnati dt Springfield—1st mortgage, guar.
2d mortgage
Cin., Wab. dt Mich—1st mortgage
Cleveland, Columbus, Cincinnati dt Ind.—Stock..
let mortgage (C., C. A C. RR.) $25,000 a
year
do
(Bel. A Ind.) excli. for new mort...
do
C., C., C. A I. sinking fund
•>

V

Consol. M. for $7,500,000 (sink,

fund 1 per ct.)

Chicago, I)wa & Nebraska.—heased
to Chic. &

Northw., at 37)4

in perpetuity
per ct. of gross receipts.

Chic & Lake Hurtn.—This was a consolidation
of the Peninsular Railroad and Port Huron & Lake
Mich. To be sold iu forec-'osure under the sectional

mortgages.
(V. 24. p. 275; V. 25, p.
V. 26, p 116 )

90, 212, 283;

..

100
100
'

1,000
1,000
1,000

1,000
1,000

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

-

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

.

1863
1863
1865
1871

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

1871
1872
1870-1
1871-1
1871
1870
1872
1873
1871
1871

636
271

60
60
60
60
98
56
56
148
36
36
90
? 88
188

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

i;ooo

1862
1853

172

Hand grant income bouds
Cincinnati, Hamilton d: Dayton—Stock

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

1859
1862
1859

...

Chic. A Soutliw., IstM.g. (g’d in cur. by
C.R.I.AP.)
Iowa South. A Missouri North. RR. stork

Pref erred stock

137
175
75
62
156
70
64
732

$3,916,200

....

1868
1868
1861
1872
1872
1873
1866

....

2d mort.,
do
do
1st M. exten, gld, land gr. s.f.

$100
100 Ac.
500 Ac.

1875
1863
1864
1867
1864
1869

Chicago dt Northwestern—Common

do
do

Outstanding

...»

25
235
235

1,000
1,000
100 Ac.

1,000
500 Ac.

1,000
1.000

500 Ac.

1853

1,000
1,000

100 Ae.

1,000

1,000
1,000

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

1860
1864
1869
1874

i;28o;ooo
15,404,261
12,279,483
7,341,000
6,600,000
600,000
3,810,000
190,000
640,000
(?)
3,674,000
1,315,000
234,000
4,000,000
213,000
2,500,000
3,500,000

14,988,807
21,525,602
1,214,100
708,600
3,477,800
116,000
235,000
1,660,000
158,000
272,000
249,000
4,807,500
3,150,000
1,700,000
2,700,000
12,343,000
2,750,000
1,650,000
4,375,000
1,350,000
3,500,000
2,961,000
700,000
300.000

100

80
48
114
471
138
202
390
390

1,350,000

20,979,800
916,000
9,600,000

1878
1878

1866
1852
1867
1871
1872
1871

3,523,000

100

1,000
1,000Ac

'

568,200
211,500
3,600,000
1,000,000
477,000

1,000

1875
1877
1869

1865
1875
1873
1871
1874
1870
1866
1869
1871

Amount

Value.

....

370
370
220
49

stock
1,459
Preferred st’clr (7 p. c. y’rly, not cumulative).
1,459
Bonds, pref. (sink’g fund), 1st niort., Chic, to Osh.
193
Interest bonds, funded coup., 2d m., Chic, to Osh.
193
1st niort., general, 3d mort., Chic, to Oslikosli
193
Appleton exten., 1st mort. on 23 miles and land..
23
Green Bay exten., 1st mort. on 26 miles and land
26
1st mort., Galena A Chicago Un. RR. extended...
248
Mississippi River Bridge b’ds, lien on net earnings
1st mort. (Peninsular RR.) on roads and lauds...
74
1st mortgage (Beloit & Madison
46
Railroad)...
Consol, sink’g f’d M., (all above convert, into this)
779
Madison extension, ist mort., sinking fund, gold.
126
Chicago A Milwaukee, 1st mortgage, 2d lien.
85
Menominee extension, 1st mortgage, gold...
120
Gen. cons mort., gold, coup, orreg. ($48,000,000)
1,058
Winona & St. Peter, 1st mort., guar by Chic. ANW.
137

or
Par

1863
1869
1870
1869
1870
1871
1872

1,000
1,000

1,000

5,000,000
5,000,000
2,500,000
2,080,000
3,500,000

Rate per
Cent.
5
7
7
7 g.
7 g.
8
8
8
8
7 s.

312
7
7
7
7
7
7
8
73
rr

(

7

7
7
7
3

312
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7

•

g.
g.
g.

g.

8
7 g.
7
8
8
2
6
6
7
2
o g.
7 g.
4
r*

494,000
1,500,000
1,846,000
1,120,000
471,000
1,500,000
560,000
65,000
1,800,000
4,005,750
429,037
750,000
350,000
1,100,300
2,000,000
651,000
1,824,000

7
7
7
7 g.
7 g.
7
7
7
7 g.

14*991,800

1,000
1,000

429,000
3,000,000

1,000

2,422,000

on

any error

1,246,000

100
500

including the interest

[Voi. XXVII.

175,000

their bonds.

4

When

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

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

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

A
A
A
A
A

(V. 24, p. 493; V. 26, p. 495, £99.)

Chic. Mil. & St. Paul.—Not earnings 1877, $3,574,460; 1876, *3,100.847; 1875, $3,085,389. The earnings
reduced in 1874 and 1875 by the lower
freight
imposed by the Wisconsin railroad law. The
law was modified, and with April, 1876,
higher rates
again took effect. Annual report for 1877. V. 26, p.
364. The following is a comparison for three
years
were

rates

of

operations, and financial condition

at the close of

year:

1877.
Miles

1876.

1,412

1,399

$27/81,744
29,954 500
Earnings
8,114,894
Op. expenses.
4,540,433
Net earnings.
3,574.460

$27,673,744

Stock....
Debt

...

30,010,500
8,054,171

4,953,321
3,100,847

1875.

1,399

New York, Co.’s Office.
F. A A.
do
do
J. A J.
do
do
M. A N.
do
do
G.—F.

Of consol, bonds of 1875 enough are reserved to
take up old debt. Dividends have been
paid since
1869—on pref. stock—in 1878 7 6ash, in 1877
3%
cash, in 1816 14 per cent in bonds, and 3y% per cent
in cash; in 1874 7 in bonds, 1873 7
cash, 1872 7, 1871
7, 1870 7 and 3 scrip; on common stock in 1871 7
scrip. 1870 3 cash and 7 scrip.
(V.24, p. 105, 111,
395; V. 25, p. 138,431; Y. 26, p. 117, 264, 599; V.
27, p. 172.)

Chicago dt Northwest.—The fiscal year ends with
The last annual report will be found in the
Chronicle, V 27, p. 170. The net surplus of the
year on the Chic. & Northwest, lines proper, after
paying interest, was $3,147,265, and on the whole
avstem, including proprietary roads, $2,464,487.
The net deficit on proprietary roads was
$682,668.

May.




All other

bonds, including those of proprietary roads,
may be absorbed by the gold loan, and that amount
is reserved from the $48,000,000. Divid’nds have been
paid as follows: June, ;878, 3)4 on pre\, 3 on com.;
Dec., 1877,
on pref.; Dec. 1876,2*4 on pref.; July,
1813,3)4 on pref.; Dec 1872, 3\4 on both; June, 1872,
3)4 on pref.: Dec., 1871, 3)4on pref.; June, .1871, 5
on both; Dec., 1870, 5 on both; June,
870, 2on pref.;
Dec., 1869, 5 on pref., 4 on com.; June, 1869, 5 on
both; Dec., 1868, 5on both. (V. 25, n. 160,444, 532;
V. 26, p. 469. 574; Y. 27, p. 140, 170.)

J.
New York.
J. A J.
New York.
A. A O. N. Y., Winslow, L. A Co.
M. A N.
do
do
J.- A J.
do
do
A. A 0.
do
do
J. A J.
do
do
M. A S. N.Y., J.S.Kennedy A Co.
J. A J.
do
do
J. A J. New York, Moran Bros.
J. A J. N. Y., Winslow, L. A Co.
J. A J.
do
do
J. A D. N.Y., Winslow, L. A Co.
A
A
A
A
A
A
A
A
A
A
A
A

1877. Net earnings 1816-7, $58,241. (V. 25, p. 16.
618.)
Chicago Hock Island dt Pacific.—In 1877-8 gross re¬
ceipts, were $7,845,810; net receipts, $3,511,356; divi¬
dend payments (8 p. c.) $1,618,384; surplus for the
year, $665,647. Own* stock of la. So. & Mo. North.
arid pays 2 per cent quarterly to Rock Island stock¬
holders. making their quarterly dividend actually
24 per cent. Controls Peoria & Rock Island road.
Keokuk & Des Moines RR. was leased Mav, 1878.
(V. 25, p. 15 , 230, 476; V. 26, p. 574, £99, 623,653.)

Chicago S',. Paul & Minneapolis.—The West Wis¬
on interest due
January 1.

consin RR. defaulted
1875. Earnings, 1876,

$842,528; operating expenses,
$631,452; net earnings, $211,075. The land grant is

about 1,000,000 acres.

Sold in foreclosure March,
1878, and re-organized under this name, with se¬

Boston. Office.
N.
do
do
A.
do
do
S.
do
do
D. N. Y., Union Trust Co.
N. Y., U. S. Trust Co.
0.
J.
do
do
J.
Wabash Indiana
A.
N. Y., U. S. Trust Co.
D.
do
do
J.
do
do
N.
do
do
D. New York or London.

curities issued

Stocks—Last
Dividend.

July
July 1, 1888
Aug. 15,1892
May, 1889
May 1, 1900
Sept. 1889

July, 1890
Nov., 1891
Sept. 1, 1892
Jan., 1871
Apl. 10, 1878

July 1, 1905
1893
1884
1897
1894
1899

1898
1898
1891

Jan., 1902
1902
1903
Feb. 1896
June 27,1878
June 27,1878

Aug. 1, 1885
Nov. 1, 1883
Aug. 1, 1885
Aug. 1, 1885
Aug. 1, 1885
Feb. 1, 1882
Jan. 1, 1884
Sept. 1, 1898
Jan., 1888
Feb. 1, 1915
April 1,1911
July 1, 1898
June 1, 1911
Dec. 1, 1902
Jan. 1, 1887
Nov. 1, 1907
Dec. 1, 1916
Oct. 1, 1900
June 1, 1917
July 1, 1903
Aug. 1, 1901
1891

Aug. 1, 1878
Aug- J. J895
July. 1, 1917
Nov., 1890
Aug. 1, 1878
1918
1898

April, 1873
May 1, 1880
July 20, 1885
Oct,, 1905
Jan., 1903
Mch. 1901

1, 1014
Jan., 1901
July 1895
Jan. 1, 1889
June, 1921Nov.

1872

May 1, 1878
Aug. 1, 1900
Sept, 1, 1877
Dec. 1, 1890
April 1, 1901
1902

'

as

above.

41, 115; V. 26, p. 436.;

July 1, 1891
Feb. 1, 1876
June, ’75 to ’84
Until 1899

May, 1899
1,1914

June

(V. 24, p. 543; V, 25, p.

Cine. Bam. & Dayton—Net income in 1877-8
$82,784 after payment of interest. Defaulted on
C. H & I. guarantee in 1877.
(V. 25, p. 186, 569,
591; V. 26. p. 117, 599, 624.)

Cincinnati, Lafayette & Chicago.—Gross earnings
$328,172, net, $116,159. (V. 20, p. 568.)

in 1876-7,

Cincinnati & Muskingum Valley.- Is leased for 99

from 1873 to Pittsb., Cin. & St. Louis for net
earn’gs, but bonded interest is guaranteed. Net earn¬
ings, 1877. $25,88o—total loss to lessee, $19,114, (V.
22, p. 519, 614.)
years

Cincinnati, Richmond & Chicago--Leased to Cin.,
Net
62.)

.

Chic Pek. dtSouthw'n.—Receiver appointed June,

do

J.iA

M.
F.
M.
J.
A.
7.
J.
7
7 g. J.
3
F.
7
J.
7
J.
M.
7
7 or 6 g. J.

Lands of

J. Boston, by Treasurer.
J. Boston, Merchants’ B’k.
A. New York, Park Bank.
N.
New York.
N.
do
S. Bost., Treasurer’s office.
J.
do
do
N.
do
do
S.
do
do
J.
New York, Office.
O.
do
do
J.
do
do
J.
do
do
O.
do
do
J.
do
do
J.
do
do
J.
do
do

Q.-F.

3
6
7
7

the company are 2,243,188 acres unsold. Operations
of the C. & N. W. proper, for four years, compare
as follows:
Gross
Net
Expenses
and taxes.
earnings.
earnings.
1877-78
$13,583,847
$6,756,126
$6,827,720
1876-77...
11,877,509
6,517,680
5.329,819
1875-76
12.773,711
7,408,857
5,364.8 3
1874-75
12,707,126
7,984,694
4,723,t 31

Whom.

'

10s.'

Chicago & Paducih.~Gross earnings 1876-7, $271,$27,673,744
27,129,000 370; net, $68 294. (V. 23, p. 427.)
8,255,743
5,170,354
3,085,389

Bonds—Princi

pal, when Due.

Where Payable, and by

A.
New York, Office.
A.
do
do
J.
do
do
J. London and New York.
J.
New York, Office.
A J.
do
do
A A. N.Y., Mil. A St.Paul RR.
A D. New York, Co.’s Office
A D.
do
do
A A.
do
do
A N.
do
do
A A.
do
do '
A A.
do
do
A A.
do
do
A A.
do
do
A J.
do
do
A S.
do
do
A J.
do
do
do
do
Q.-F.
A. A O.
do
do
J. A J.
do
do
J. A D.
do
do
J. A D.
do
do
J. A J.
do
do
M. A N.
do
do
J. A D.
do
do
A. A 0.
do
do
M. A S.
do
do
J. A J.
F. A A. N. Y.. Farm. L. A T. Co.
A. A O.

.

Chic. & Mich. Lake Shore.—In default since
July,
1873, except on the $477,000. foreclosure pending.

discovered in tliese Tables.

INTEREST OR DIVIDENDS.

Size,

1860

....

U

1st mortgage (Iowa & Dakota).
1st mortgage, Iowa Division ($15,000 p.
m.)
1st mortgage (Prairie du Chieu)
"
1

Miles Date
of
of
Road. Bonds

1,412
1,412

2d mortgage
1st mortgage (Iowa & Minnesota)
1st mortgage (Minnesota Central)

2d

by giving immediate notice of

great favor

For explanation of column headings, Ac., see notes

BONDS,

Ham. & Dayton, which owns most of the stock.
income above interest, 1875-6, $8,229. (V. 21, p.

Cincinnati, Richmond & Fort Wayne.— Leased to

Grand Rapids for 99 years. Interest guaranteed by
Gr. Ran., Cin. Ham. & Dayton, and by Pennsylvania
Co. (V.22, p. 532; V. 24, p. 563; V. 27, p. 172.)

Cincinnati, Sandusky & Cleveland—In the year
ending June 30, 1S77, gross earnings were $655,420;
expenses, $530,677; net earnings, $121,143. Difficul¬
ties about receiver in 1877, and funding of coupons
proposed. (V. 24, p. 321, 346, 363, 396, 420. 443,
468, 564; Y. 25, p. 380, 407, 430, 5 1 0, 5)1; V. 26,
116, 141.)

p.

Cincinnati dt Springfield—Leased in
to
on

perpetuity

Clev. Col. C. & I., with guarantee of interest:
first mortgage, half of interest is also guaranteed

by Lake Sh. & M, S.

(V. 23, p. 232.)
Cincinnati, Wabash & Michigan.—Some bonds
held by L. Sh. & Mich. So’n. but no indorsement by
that company. Went into trustees’ hands Jan 1878.
(V. 26, p. 40, 166, 192, 367.)
Cleveland, Columbus, Cincinnati & Indianap.—
Annual report in V, 26, p. 287. Net earnings 1877,
$488,778, against $702,917 in 1876. (V. 24, p. 249
320; V. 25, p. 510; V. 26, p. 287.)
,

August

DESCRIPTION.

Miles

of

of tables.

Road

Boudfi

Value.

Talley—Stock

80
67
67

$50

$2,759,200

1873
1876
1870
1870
1871
1875

500 &c
500 <tc
500 <tc

630,000

?s-

500,000
1,350,000
950,000
669,000
11,243,736
1,104,844
2,700,000
1,336,000
2,180,000
584,000
1,272,000
2,011,600
1,500,000
300,000
700,000
13,938,972
10,428,000
451,000
2,632,000

7
7 g.
7 g.
7

s

Cleveland <£• Mahoning

1st mortgage, extended
New bonds
Niles & New Lisbon, 1st

35
145

mortgage
Cleveland, Ml. Vemion <& Del—1st mortgage, gol
1st mortgage, Columbus Extension
Income

.

mortgage

Cleveland <k

Pittsburgh^-Guaranteed stock—

199

.

199

.

....

101
18
78
89
76
13
89

Golebrookdalc—1st mortgage
Colorado Central—1st mortgage, convertible..
Columbus d Hocking Valley—Stock
1st mortgage, sinking fund bonds
1st mortgage, Logan & Straitsville
2d mortgage bontls
,.

Branch..

588
588
117
208

Columbus, Chicago d Indiana Central—Stock.
Chic. & G’t East. (Cliic. to Logansport).

.

Col. «fc Ind’polis Cent. (Col. to Ind’s & br.).
do
do
Union & Logansp’t (U’n City to Logansp’t;
Tol. Logansp’t & Burl. (Logansp. to Ill line;
do
do
Col. & Ind. 1st & 2dpref.(Col. to U’n City]
do
Cinn. & Chic. Air Liue(Riclim’d to Logans.]
2d M. Col. & Ind’polis Cent. (Col.to Union City).,
do
Indiana Central (Indianapolis to Ohio line)
do
Chic. & G’t East, construe. (Chic, to Ricli’d)
do
Columbus, Chicago & Ind. Central
Income conv. do
do
do
Income (Toledo, Logansport & Burlington)

93
61
102
107
102
72
224
587

Columbus, Springfield d Cincinnati—1st mort
Columbus d Toledo—1st mortgage, coupon, s. f
Columbus d Xenia—Stock.
1st

'

mortgage

Concord—Stock
Concord d Portsmouth—Stock, guaranteed
Connecticut d Passumpsic—Stock—
New mortgage
Notes, coupon

(for $1,500,000)

Cumberland <£ Pennsylvania—1st mortgage
2d mortgage, sinking fund, (guaranteed)
Cumberland Valley—Stock ($484,900 preferred)

—

1st mortgage
2d mortgage, sinking fund guaranteed—
Common bonds
Dakotah Southern—1st mortgage, coup., s. fund...

mortgage, sinking fund,

$30,000 per year....

3d mortgage
Toledo depot (cost

$353,940) 1st and 2d mortgage
Dayton d Western—1st M., guar. L. M. et C. & X
Extension mortgage

Mortgage bonds, convertible, guar. P. VV. &. B
Delaware d Bgund Brook—1st mortgage
Delaware, Lackawanna &

Western—Stock..:

mortgage (Delaware, Lackawanna & Western)
Mortgage on roads and equipm’t (for $10,000,000)
Bonds (convertible June 1,1875 to ’77)
Lackawanna Sc Bloomsb., 1st mort. (extension)..
do
do
2d mortgage
Denver & Boulder Valley—Mortgage bonds, coup..
2d

Denver

100 &c.

1,000
50

....

500 &c.

1867
1870
1872

1,000
1,000
100

1868

1,000

....

.

1864
1865

22

106

.

.

....

....

....

....

....

....

.

....

-

-

•

....

....

1857

500 &c.

....

....

1871
3875

00
25

Pacific—1st mortgage, gold, land grant..

1,000

....

1868
1870

45
118
55
55
141
41
146
110

41
85
13
85
27
195
115
288

Detaware Railroad—Stock

1,000
1,000
1,000

-

33
33
117
142
142
142
142
142

2d mortgage

....

1862
1867
1873

„

CPa

Danbury d .Vor walk—Stock.
1st, 2d and 3d mortgages
Danville, TJrbana, BVton d Pekin—1st M., gold
Dayton d Michigan—Cora, stock (Jaguar. C.H.&D.)
Preferred stock, (8 percent, guar. C. II. &D.)

500 &c.
50

....

56
56
44
7
38
38
110
52
52

Connecting (Phila.)—1st mortgage

1,000
1,000

....

....

or

par

....

38
38

Connecticut River—Stock
1st mortgage (sinking fund $205,024;
Connecticut Valley—1st mortgage

Size

....

.

Massawippi st’k, guar, same div. as Conn. & Pass.
do
bonds, guar, by Conn. <fc Pass
Connecticut Central— 1st mortgage for $400,000...

1st

.i

225

.

$5,000,000.

.

....

.

4tli mortgage (now 1st)
Consolidated sinking fund mort. for
Construction and equipment bonds

do

INTEREST

Date
of

first page

six

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

Subscribers will confer a

on

BONDS.

RAILROAD STOCKS AND

31, 1878.]

.

.

1,000

1,000
50

.....

1,000

....

.

.

50
100
100
100 &c.
100 &c.
100

.

.

.

.

1873
1871
1869
1875

1,000

1858

500 &c.

1871

1,000

ioo
....

.

1860

1,000

1868

1,000

.

.

.

50

.

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

_

....

1874

peir
Outstanding Rate
Cent.
,

666,500
341,400
3,692,000
3,847,000
74,024
1,000,000
2,343,000
1,786,200
302,000
1,500,000
350,000
2,175,500
1,186,500
123,000
400,000
400,000
262,500
2,100,000
250,000
1,000,000
996,000
803,500
594,000
1,777,850
161,000
109,500
81,800
600,000
500,000

1871
1856
1,000
1867
1,000
1869
1,000
6 Let 64 500 &c.
1865
1,000
50
1859
1875
1,000
1875
50
1856
500 &c.
1877
1872 |
1,000
1859 1 100 etc.
1858 ! LOO etc.
1870
1,000
1869 j
1,000

6
7
7
7
6
8 g.
4
7
7
7
7
7
7
7
7
7
7
7
10
7
7
7
7
7
7
2
7
5

821,000

558,000

50
50

1%

531,500
313,000
217,750

50

1,000

3*2

775,000

1,000
100 etc.

60-’7 2
1869

Amount

2,000,000
2,395,350
1,286,100
1,870,000
426,000
356,000

105,500
614,000

1,430,216
100,000

650,000
1,500.000
26,200,000
1,633,000
1,495,000
600,000
370,900
209,000 *
550,000

2,416,000

3*2

*’

1
7
7
1
6 g.
7
4
6
7
6
6
6

2Dj
8
8
6
7 g.

1DJ
7
7 g.

1%
o

7
7
7
7
6 et 7
3
6
6
7

2^
7
7
7
7
7
7 g.
7 g-

When

Where

et
&
<t
&
&

N
A
S
J
J

M. &

S

Q.—M.

pal, When Due.
Stoeks— Last
Dividend.

Payable and by
Whom.

Pay’bhi
M.
F.
M.
J.
J.

Bonds—Princi¬

OR DIVIDENDS.

1877

Cleveland Office.

Ang. 1, 1893

Y., Ward, C. & Co.

N.

Union Trust Co.
N.Winslow, L. & Co.
N, Y.,

do
do
N.

’

do
do

Y., Farm. L. & T. Co.

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

do
do
do

do
do
do

Cleveland, Ohio.
J. et D
Pliila., Co.’s Office.
J. & D. Boston, Treas.’s Office.
F. & A.
Columbus, Office.
A. <t O. N. Y., St. Nich.Nat. B’k
do
do
J. et J.
J. & J.
do
do

Sept., 1906
Jan., 1890
Jan. 1, 1900
Jan. 1, 1901
Jan. 1, 1905
Sept. 2, 1878
Jan., 1892
Nov. 1, 1900
Jan. 1, 1913
June 1,
June 1,

1898

1890
Aug., 1878
Oct. 1, 1897
July 1, 1880
Jan.

1, 1892

April, 1908

A. & O.
Various
J. & J.
A. <t O.
F. & A.
J. & J.
Various
M. & N.
J. et J.
J. & J.
F. & A.
F. & A.
F. et A.
M. & S.
F. & A.

N. Y., A. Iselin & Co.
N. Y., Union Trust Co.
New York.

Q.-M.

Columbus Treasury.

1893 to *95
N. Y., A.
do
do
do
do
do

Isclin & Co.
do
do
do
do
do
do

do

.

Nov.,
Dec.,
Feb.,
Dec.,

1904
1905
1884
1883

1886 to’90

Nov., 1904
Jan., 1882
Feb., 1890

M. & S. N. Y., Am. Exch. N. B’k
M. <fe N. Bostou, Tower, G. & Co.
Boston.
J. <t J.
F. & A.
Boston Office.
do
A. it O.
do
Various
do
F. & A.
do
J. <t J.
A. & O.
J. et J. Boston, Bost.it Alb.RR.
M. & S. Boston, Globe Nat. B’k.
J. et J. N. Y., Am. Exch. N. Bk.
M. & S.
Philadelphia.
M. & S. New York, Co,’s Office.
M. et N.
do
do
Q.-J. Phila. and Carlisle, Pa.
A. & O. Phila., T. A. Biddle & Co
do
do
A. et O.
A. & O.
do
do
New York.
F. & A.
Q.-M. New York and Danbury
J. & J. New York, 84 Broad w’y
A. & 0. N. Y., Farm. L. et T. Co.
A. <t O. Cincinnati. C. H.& D.Co.
Q.-J. N. Y., WinsloAV, L. & Co.
do
do
J. it J.
do
do
M. & S.
do
do
A. & 0.
do
do
M. & S.
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 T.T.&.S.Co
F. it A.
Philadelphia.
New York Office.
Q.-J.
do
do
M. & S.
do
do
M. *t S.
do
do
T. <t D.
dO'
do
M. it S.
do
do
A. & 0.
M. & N. N.Y., Loud, et Frankft.
M. & N. N. Y., Bk. of Commerce.
■

,

Sept. 1, 1901
Aug. 1, 1905
June 9, 1878
Sept. 1, 1890
May 1. 1878
July 1, 1878
Aug. 1, 1878
April 1,-1893
Jan. 1,1881

Aug. 1, 1878

July 1, 1889
Oct., 1895
July 1, 1878
Sept. 1, 1878
Jan. 1, 1901

May 1, 1888
July 1, 1878
April 1, 1904

April 1, 1908
1884
1894
Mar., 1878
1880, ’90. ’92
April, 1909
April, 1878
July, 1878
July, 1881
Sept., 1887
Jan. 1,
Feb. 1,

Oct.,

1888

July 20, 1876
June, 1892
March, 1885

April 15,1880
Nov. 1, 1900

1
Cleveland & Mahoning VaVey.—Is
lantic & Great Western. (V. 20, p.

leased to At¬
85, 130; V. 23,

232, 403.)
Cleveland, Mount Vernon cfe Delaware.—Defaulled
July,. 1874, and coupons due then and one-half of
coupons from Jan. 1, 1875, to and including July 1,
1877, were postponed to Jan. 1,1885. and the remain¬
ing half to he paid, but this failed July, 1877, and
p.

negotiations are pending.. Gross earnings 1877,

$388,896; expenses, $307,171; net, $81,724. Interest
charge. $i21,982. (V. *2, p. 350; Y. 24, p. 248.)

Cleveland & Pittsburgh--Leased to Pennsylvania
Railroad at 7 per cent on stock, besides expenses
and interest, and transferred to Pennsylvania Co.
In 1877 there was a net reficit <4 $207,111 to lessee.
(V. 24, p. 63 ; V. 26, p. 67, 287.)

Cleveland, Tuscarawas Valley & Wheeling.—This
road was sold under a 2d mortgage, Jan. 27,1875, and

re-organized. Gross earnings. 1877, $491,463; net,
$181,524 (Y. 24, p. 563; V. 26, p. 289.)
Colebrookd ale.—Leased to Philadelphia & Read¬
ing. No dividends paid on stock!
Colorado Central—Built mainly by Union Pacific,
which holds the bonds, $5,270,593 in all. (V. 23, p.
183; V. 26, p. 626.1
Columbus & Hocking Valley—-Gross earnings,
1877. *8x8,899; net, $357,755, against $386,834 in 1876.
(V. 24, p. 395; V. 25. p. 90; V. 26, D 390.)
Co’umbus, Chicago & Indiana Central.—On Jan.
22, 1869, it wa9 leased (amended Feb. 1. 18D\)by
the Pittsburgh Cin. & 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
ox interest was absolute, but the Pennsylvania Rail¬
road claims that the C. C. .t I! C. Go. did not fulfil
all its part. Bondholders claim that no such failure
after bonds had been sold with the guaranty could
rejudice their rights. The case was argued before
nstice Harlan of U. S. Circuit Court, Aug., 187-D
Interest on most of the old prior bonds has been
taken m>. (V. 23, p. 40, 254, 547; V. 24, p. 157
420, 589; V. 25, p. 62, 113, 495; V. 26, p. 165, 389,




5 >2

574; V. 27. p. 1*2, 199.)

Colum'nts & Toledo. — Gross earnings, ’77, first year
of operation, $330,882; nef, $119,602. (V. 26, p.39‘>.)
Columbus & Xenia.—This road is leased to the LitMiami Co., and both roads for 99 years to Pitts¬
tl
burg Cinn. & St. Louis Co.; the lease is guaranteed

by Pennsylv nia Railroad, and the terms are 8 per
and interest on bonds.
Concord.— Net receipts in 1877-8, $340,453. (V.
24, p. 541; V. 26, p. 521.)
Concora & Portsmouth.—Leased to Concord RR.
at $25,000 per year.
cent on stock

Connextumt d Passumpsic.— Annual report tc
June, 1877. shov/ed net earnings for year $244 3*0.

against $240,954 in 1815-6. The new mortgage of
$1,500 000 will retire previous issues. (V. 23, p. 301,
5-17: V. *5, p.211,431; V. 26, p. 367.)
Connecticut Central. Net earnings, 1876-7, $12,300.
(Y. 22, p. 209.)
Connecticut River.— Net earnings 1876-7. $201,931,
against $217,780 in 1875-6. (V.23,p.500; Y.26,p.94.)
Connecticut V alley. In default and surrendered

to State Treasurer as trustee for bondholders.
Net earnings, 187o-7, $59,019.
(V. 23, p. 40, 575,
622; V. 25 p. 616 ; Y. 26, p. 18,40.)

Connecting.—Leased to Philadelphia & Tren'on,
operated by Pennsylvania; terms, 6 per cent on
$1,278,300 stock, and interest on the bonds.

and

Pennsylvania.—Owned and oper
ated by Consolidation Coal Co., which guarantee s
2d mortgage. Stock $1,500,000.
(V. 22. p. 415.)
Cumberland Valley.— The stock is owned in large
part by Pennsylvania Railroad Co. Net earnings
1877, $254,253. Large advances have been made to
branch roads.
(V. 24, d. 135; V. 25, p. 493.)
Dakotah Southern.—The earnings of the road are
reoorr.ed at $207,000 in 1877, and net earnings $109,Cumbeiland

fc

Second mortg. bonds for $600,000 were can¬
celled and pref. stock issued. S fund is 4 p. c. in
’19 and 5 p. c. afterwards. (V. 25, p. 609; V.26,p.334.)

000.

Danbury & Norwalk.--Gross earnings, 1876-77,
$165,245;
expenses,
$114,969;
net
earnings,
$50,275. (V. 26,p. 141.)
Danville, Urbana, B oomington <jb Pekin. - This is

a

part of the Indianapolis

now

in defaul t.

Bloomington & Western*

See I. B. & W.

Dayton & Michigan.—Vessels, in perpetuity to Cin.
Dayton, which pays interest on bonds, and

Ham. &

guarantees

dividends

on

stock, holding itself

$1,398,100 of the common. JV. 21. p, 62 )
Dayton & 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 Phi la. Wilmington & Balti¬
more for 6 per cent on stock and bonds, but if 30
er cent of gross earnings does not pay that, the
alance is charge d annually to Del. RR. In 1S77* 30
p. c. was $125,941. (V. 26, p. .< 4 I.)
Delaware &-Bound Brook.— Part of the new route
between N. Y. and Phila. Gro s earnings 1877,
Floating debt. $259,033.
$238,466; net, $67,044
(V. 22, p. 209, 257; V. 26, p. 342.)
Delaware Lackawanna & Western. —Operations
consist largely of coal mining and transportation.
No annual report is made, except that required to
the State authorities of Penn. For 18'7 the income
account is given ihus;
Net earnings from ransportation
$4,401,858
Less loss in Coal Department, &c
1,922.660
Balance of earnings
Dterestonbo ds....
Rentals for 1877

$2 479,19/
$201,957

3,185,262—3.387,219

Loss for yea r 1877
$908,021
The mortgage authorized for $10,000,000 iB to
take up prior bonds with $2,82'<009, and the
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.)

Denver & Boulder Valley.—This road is leased
the Denver Pacific.
Denver Pa iftc— Land grant, 1,100,000 acres.
1876 gross earnings were $331,145: net

to
In

earnings*
$165,537. Receiver appointed April, 1878. (V. 25,
p. 62, 476; V. 26, p. 342, 408,414, 549.)

XX

RAILROAD STOCKS AND BONDS.

Subscribers will confer

a

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

DESCRIPTION.
Miles
Date Size, or
For explanation of column
of
headings, &c., see note8
of
Par
at the head of first
page of tables.
Road. Bonds Value.

Derive)* d Rio Grande—1st
mort., gold, sink, fd

262
42
88
182
59
59
189

Arkansas Valley, 1st mortgage

Des Moines d Fort Dodge—1st
mortgage, coupon
Detroit, Lansing <6 North.—1st
mortgage
Ionia & Lansing, 1st
mort., coup., may be reg—
do
2d mortgage
do
do
....

Detroit d Milwaukee—1st
mortgage bonds
2d mortgage, April
28, 1856
1st funded
coupons, Nov. 15, 1860
2d funded coupons, Nov.
13, 1863
Bonds of June 30, 1866 (conditional)
(Oak,
Otta.
Sterling
&
RR.) Oct. 1, 1853, gold....
Dollar (Oak. & Otta, RR.)
bonds, Oct, 1, 1853
1st mort. (Detroit & Pontiac
RR.), April 1, 1851.
3d mortgage (Detroit & Pontiac
RR.), Feb. 1854.
2d mortgage, (Detroit & Pontiac
RR.), Jan. 1853.
Bonds of Sept. 1, 1866, (Limit
$300,000)
Bonds & mortgage on Detroit real estate

....

....

....

....

....

....

mortgage, 2d division (for $1,400,000)

gold

mortgage
mortgage
East Broad Top.—1st
mortgage, registered
East
1st

.

.

143
100
43
55
55
90
90
90
30
36
36

Pennsylvania—Stock

mortgage
East Tennessee, Virginia d
Georgia—Stock
1st mortgage sinking fund bonds
East Tenu. & Georgia ($92,000 are
endorsed)
'East Tennessee and
Virginia (endorsed)
2d mortgage to U. S.
Government
Eastern (Mass.)—Stock

.

Mortgage funding certificates
Eastern Shore, (Md.)—1st
mortgage, convertible
2d mortgage, convertible
Elmira Jeff. d
Canandaigua.—Stock

1870
50-’56
1856

.

l...

Marquette—Stock

Consolidated mortgage, sinking fund
1st mort., land grant, 3d series
Flint & Holly RR. (sink’g fund
$25,000 per year).
Bay City, E. Saginaw, 1st mort., guar by lessees.
Bay County, issued in aid, guar by lessees
Construction bonds
Holly, Wayne <fc Monroe, 1st mort., sinking fund.
Flushing, Northshore d Cent.—1st mort. (FI. & N. S.).
2d mortgage (FI. & N. 8.)
Central of L. I., 1st
mortgage
-

The

as

projected

is

coupons

£99; V. 27,

p.

b7.)

875 miles.

May, 1877. (V. 24,

Deg Moines & Fort Dodge.—Th'.s is
part of the
Des Moines valley,
reorganized after foreclosure.
Of the bonds, $1,lor,000 are incomes.
of
Jtm., 1877, were funded. (V. 21, p. 488.) Coupons

Detroit Lansing & North.—The old road
was
sold in foreclosure December 14.
1876, and new
company organized by bondholders, who issued
SI ,874.600 common rtock and $2,514,000
pref. stock.
Net <aminos 1877, $282,946.
p. 288.)

(V. 23, p. 599; V. 26,

Detroit <& Milwaukee.—This road was
operated by
the Great Western of Canada, but
defaulted in 1873,
and is now in process of foreclosure and to be
re-or-

f;anized;
seebeen
V. 26,paid.
p. 232.
The gross
Detroit
& Pontiac
nterest has
In 1877
earnings were
*925.12*; net, *134.303.
»V. 25, p. 334, 381; V. 26,
p. 117. 232, 2 42, 367, 391, 419, 574, 599; V. 27,
p. 15,
40, 67, 172.)

Dubuque & Sioux City.—Leased to Illinois Cen¬
tral, in 1867, for 20 years, at 35 per cent of gross earn¬
ings first ten years, and 36 afterwards. In 1876 gross
warnings were *978,279.
Dubuque, South "western— Farley to Cedar Rapids, la.
dross earnings, 1877, *105,312;
expenses, $97,215.

< V. 26, p i'64, 459.)

Dunkirk AUegh. Valley dk
Pittsburg.—A. consoli¬
dation, Dec. 1, 1872. Road leased and bonds
mostly
held by New York Central &
Hudson, which pays
interest as rental.
EM Bread Top.— Mainly a coal
road, carrying
bituminous coal. On line of road are Rockhill
Iron




.

.

100 &c.

1866

100 &c.
100
50
50

■

....

1860
1863

1,000

-

186*9

1,6*00

1869
1869
1867
1852
1854
1860
1870
1873

91
51

109
23

55
55
189

50*6

&e.
£200

1,000
1,000
500 &c.

1,000
1,000
100

1*874

-

283
283
190
17
13

1,000
100

1872
1868
1868
1867

....

i,66o
500 &c.
500 &c.

500

____

1*871

65
58

1869
1870
1872
1873
1870
1869
1871

10

100
100

1,000,000

500
50
100 &c.
100 &e

1865
1868

56
58
49

12,522,338
400,000

1,000

1862

i,66‘o
500 <fcc.

1,000
500 A.o,.
500 &c.

100 &c.

1,000

4
3
6

194.400
760,038

200,000
500,000
500,000
500,000
570,000

1,998,400
291,700
92,300
2,193,000
745,000

1,000,000

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

S.
J. & J.
A. & 0.

6

0

N. Y., Rutten & Bonn.
do
do
New York.

Nov.
Jan.

Boston, Co.’s office.

1, 1900
1, 1900
1, 1904

Jan.

1, 1907

Boston.

1,986,000
281,000
611,000
125,500
775,000
325,000
5,000,000
500,000
3,298,200
3,242,000

Boston and London.

Phila., Girard Nat. B’k.
do

do
5
Sept. Baltimore, N. Cent. RR.
M. & N. Phila., Penn. R. R. Co.
2*2
J. & J.
3*2
do
do
7
J. & J. Phila., Penn. Trust Co.
5
A. & O. Phila., Penn. R. R. Co.
1%
Q.-M. N. Y., Union Trust Co.
7
J. & J.
do
do
7
A. & O.
do
do
7
J. & J.
do
do
7
A. & O.
do
do
6
J. & J.
Boston.
6 g. M. & .8 New York and Boston.
6 & 7
A. & O. Boston, Second N. Bauk
6 g. J. & J.
London.
7
J. & J. N.Y.,Farm. L'an& T.Co.
7
M. & N.
do
do
7
F. & A.
do
do
7 g- M. & N. N.Y.,Farm.L’an & T.Co.
7 g. J. & J.
do
do
J. & J.
3*2
Boston Office.
7
A. & 0.
do

47,405
1,000.000
800,000
400,000
1,000.000
200,000
300,000

8
8
10
10
10
8
8
7
7
7
7
7

1,500,000
500,000

8
8

2,058,000
386,500
100,000
75,000

& Coal Company’s furnaces
(2), with a
20,000 tons pig iron annually.

East

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

capacity of

&

*N. N.Y., Merch’nts’Ex.B’k.

& S. N. Y., Meehan. Nat. B’k.
& N.
do
do
& J. Newark, N. J., Sav. Ins.
& S.
New York.

&
&
&
&
&
&

Dividends

are

to Philadelphia
6 per cent per annum.

&

East

Tennessee Virginia &
Georgia. — Leases
Memphis & Charleston Railroad for its own account
and risk, paying over net
earnings. Gross earn¬
ings year ending June 30, 1877, were *1,010,079: ex¬
penses, *668,923, and net
earnings, *341,156; See
annual report in V. 25,
p. 406.
(V. 23, p. 402; V.

25, p. 400.)
Eastern

(Mass.). —Company embarrassed

1875.

A general
mortgage was made to fund the old issues
of dei't,
bearing 3*4 per cent for three years, 4 per
cent for three years, and 6 for balance
of term.
In
1876-77 net earnings were
*799,317, against $683,594
in 1S75-6. The Eastern in N.
H., a separate cor¬
poration. is leased; see V. 25, p. 40. (V.
25, p. 590,
618; V. 26, p. 548; Y. 27, p. 15.)

Eastern
ated

on

Shore.—Formerly leased,

own

but

now oper¬

account since December. 1869.
(Y. 22, p. 297; V. 27, p.

filed for foreclosure.
Elmir i Jeff. &

Bill

15.)

Canandaigua.—Originally

to the New York
Yo
& Ene Railroad Co. and

leased
operated

by it until May 1, 1866, when the lease was trans¬
ferred to the Northern Central
Railway Co., by
which it has
since been operated.

1883
1894

July, 1883
Oct., 1883
June, 1890
Oct. 1, 1890
Oct. 1. 1890
Julv 1, 1903

July 16,
Mar. 1,
April 1,
July 1,

1878
1888
1876
1900

1880 to 1886

May 1, 1886

Sept., 1906
1, 1880
Apl. 1. 1886
March, 1878
May, 1878
Jan.

July, 1878

Jan. 1, 1880
Oct. 1, 2862
June 10,1878

July 1, 1882
April 1, 1890
July 1,
Oct. 1,
Jan. 1,
Mar. 1,
April 1,
July 1,
Jan. 1,
Nov. 1,
Aug. 1,
May 1,
Jan.

1898
1890
1889
1899
1899
1897
1887

T887
1880
1900

1, 1903

July 1, 1878
April 1, 1894
May, 1902
Sept. 1, 1888
May 1, 1888
July 1, 1882
1887

do

S.
do
do
N.
do do
& J. N. Y., St. Nich. Nat. B’k.
& J. N. Y., Farm’s. L.& T. Co.
& 0.
do
do

1876
1901
1889

Mar. 1,

1902

May 1, 1903
July 1, 1900
July 1, 1889
Oct., 1891

1
Europe....

_
_

Noticed ft r sale in foreclosure
Aug. 31. 1878
(Y. 24, p. 468; V. 25, p. 113; V. 26, p. 18,
142, 418; V.

27,

p.

148.)

Evansville & Terre Haute.—This was the Evans¬
& Crawfordsville.
Common stock is $1,020,307: preferred, *100,000.
Net earnings 1877,
$145,711. The company paid2Jtf per cent dividend
ville

June, 1878.

(V. 23,

p.

499; V. 25,

p.

459.)

Evansville, Terre Haute & Chicago.—Gross earn¬
ings, 1876-7, *203,371; net,..*70,923. (Y. 21, p. 136.)

Fitchburg.— Leases Vt.& Mass.

Net income. 1876-7,
$2^6,753. Notes outstand¬
$8o3,000. (V. 26, p. 94, 117,

above rental and ^interest.

ing Sept. 30, 1877,

were

391, 548.)

Flint & Pere

Marquette,—Gross earnings 1877,
*997,965; net earnings, *416,679, against *366,074 in
1876. The
lands

are

in five trusts:

sales in 1877, 8,508

for $95,984; total net sales to Jan. 1, 1878,
275,722 acres, for *2,277,436; lands yet unsold,
235,779 acres. Coupors on consol, bonds pissed
Nov., 1875, and part were funded. (V. 24, p. 297;
V. 26, p. 411, 548.)
acres,

Flushing, Northshore & Central.—Rove leased to
L. I. RR. There are, in addition to
above, *125,000
N. Y. & Flushing RR. 7s; *149,uOO North Shore
7st.
and *93,000 Whitestone & Westchester 7s.
pany

embarrassed, Sept., 1877.

Com-'

(V. 25,

p.

334, 432;

Fort Wayne, Jackson & Saginaw.—Traffic
guaran¬

Pittsburg.—Leased in perpetuity to the
Pennsylvania Railroad and transferred to Penn. Co.;
.

Various.

April 15, 1878

1875-5, *36,161.

Erie &

425.)

May 15, 1875

Fonda, Johnstown & Gloversville.—Net earnings

$165,000

the terms guarantee 7
per cent per annum on stock
and debt. Net
earnings, 1876, *190,892. (V. 20, p.

1889
1880
1875
1875
1875

July 1, 1886
Nov. 15,1873
Nov. 15,1873
April 1, 1878
Feb. 15,1883
Jan. 1, 1878
Sept., 1 1886

Sept. 1,
i Jan. 1,
Mech., Nat. Bank. Jan. 1,
N. N.Y., Chatham Nat. Bk.
May 1,
N.
do
do
J.
J. N. Y.,

Y.i6, p 469.)
Elmira & Williamsport. —Leased in 1863 to North
ern Central for 999
years. Rent amounts to
per year.

July 1,
May 1,
May 15,
May 15,
May 15,

lf-75.

Pennsylvania.— Leased

Reading.

Nov.

July 15,1873
Sept. 15,1896

do

•

2,000,000
814,000

Stocks—Last
Dividend.

Whom.

J. & J.
M. & S.

3J2g. M. &

pal, When Due.

Payable, and by

J. & J.
do
do
M. & N.
do
do
7
M. & N. N.Y.,M.K.
Jesup,P.& Co.
8
M. & N.
do
do
7
J. & J.
do
do
7
M. & N.
do
do
6 & 7
J. & J.
New York & Detroit.
6 g. M. & N. New York & London.
7
M. & N.
N.Y.,M.K.Jesup,P.& Co.
7
A. & O.
do
do
8
F. & A.
do
do
7
J. & J.
do
do
7
M. & S.
do
do
10
Various
Detroit office.
3
A. & O. N.Y.,M.K.
Jesup,P.& Co.
7
J. & J.
do
do
7
J. & J.
do
do
'7
J. & J.
N.Y.,M.K.Jesup,P.& Co.
7
A. & O.
do
do
7 g- J. & D. N.Y., N.Y. Cent. &
Hud.
7
A. & O.
do
do
7
A. & O.
do
do
7
J. & J. Philadelp a, Co.’s Office.
3
J. & J. -Phila., by
P. & R. RR.
7
M. & S.
Phila., P. & R. office.
3
A. & 0. N. Y., R. T. Wilson & Co.
7
J. & J. N. Y.,Hallatin Nat’lB’k
6
J. & J. N. Y., R. T. Wilson & Co.
6
M. & N.
do
do

4,997,600

.

1860

-

Where

Bonds—Princi¬

J
road (three

Building in competition w.th Atchison Topeka &
Santa Fe. Defaulted on
p. 441; V. 26, p.

147,000

100

185*6

do

do
Extension 1st mortgage
Fonda. Johnstown d Gloversville— 1st
mortgage
Fort Wayne, Jackson d Saginaw—1st
mort., coup...
2d mort. and equipment bonds,
coupon

3,019,000
862,400
190,000

.

....

1,309,200
495,900
1,968,274

1,000
1,000
1,000

-

Bonds, coupons ($4,000,000 authorized)
Flint d Pere

feet).

50
100 &c.
100

....

81*2
8112
8112

Land grant 1st mort. (2d mort.
Bangor to Wmn.).
Bangor & Piscataquis, Bangor loan, 1st inortg...
1st mcrtr:age, sterling, on N. Brunswick
road
Evansv. d Terre Haute.—1st
in., Ev. <fe Ill., s. f
1st mort., sinking fund (Evansville to
Terre H,)..
Rockville extension
Evanville, Terre Haute d Chic.—1st mort., gold

Grande.—Narrow-guage
whole line

1,000
1,000
1,000

100

Eut'op’n d N.A m— 1st M., Bang’r to Winn.,Bang’r l’n

Denver & Rio

1,000

1858

51,000

586,000
81,500
450,000
2,000,000
1,000,000
200,000
500,000

1,000

.

run

Fitchburg—Stock

100

1876

common

mortgage, gold

150,000
250,000
100,000
110,000
103,266
5,000,000
296,000

,

500
500 &c.
500

1873

39
39
47
75
75
75

Brie d Pittsburg—Stock
1st mortgage, convertible into consolid.
mort
2d mortgage, convertible
Consolidated mortgage free of State tax
Equipment bonds

2d

1,000

150,866

Various

1870

.

Williamspoi'l—Stock

1,702^519

282
.

377,115

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

1,000
1,000
1,000

1863
1863
1870
1870

242
112
130

2,500,000
1,000,000
628,525

500 &c.

.

7 g.
7 g.
6
7
8
8

770,000
81,000

Various
Various

1864

Sept.,’76)
*..

Preferred stock
1st mortgage bonds
Income bonds, 999 years to

„

Payable

1,897,000

1,000
250 &c.

1863

270

Essex RR.lst mort. (extended for 20
Old loans exchangeable (iut. ceased years)

Elmira d

m

When

Cent.

1,040,000
2,200,000

1,000

....

Rate per

$5,400,000

500 &c.

1863
1866
1853
1853
1851
1854
1853
1866

....

Outstanding

1,000
1,000

1877
1869
1870
1855
1856
1860

INTEREST OR DIVIDENDS.

Amount

$500&c.

1874

....

Dubuque Southwestern—1st mort., pref., sink, fd
1st mortgage, Oct. 1, 1863
Dunkirk, Alleyh. Valley d Pittsburg—1st mort.,
2d
3d

'1870
1870

....

Dubuque d Sioux City—Stock
1st mortgage, 1st division
1st

[Vol. XXVII.

tee 40 per cut from Mich. Cent. Interest

/
/

was

paid in

1877 of *65,000, coupon due Jan., 1877, on 1st
mort.,
aud *5,000 as tbbd payment of
$10 on 2d mort.
coupon of Oct.. 1875.
Gross earnings, 1877, *254,324; net, $109,669. (V. 26, p. 264.)

August

RAILROAD STOCKS AND BONDS.

31, 1878.]

by giving immediate notice of

Subscribers will confer a great favor
DESCRIPTION.

|

Miles Date
of
of
For explanation of column headings, &c., see notes
Road Bonds
at the head of first page of tables.

109
109
26
215
50
35
232

Fort Wayne, Mancie dk Cincinnati—1st mort.,gold...
2d

mortgage
Framingham dk Lowell—1st mortgage bonds
Galveston, Harrisb.dk S.Antonio—1st mort, gold, l.gr.
Galveston, Houston dk Hend. of 1871—1st mort
Geneva, Ithaca dk Sayre—1st mort., s. f., gold
Georgia Railroad dk Ranking Co.-Stock
Bonds, not mortgage

do
do
Grand Rapids dk Indiana—Stock
332
1st mort., land grant, gold (guar, by Pa. RR)
332
1st mort., gold, ($2,469,000 are land grant)
332
Income mortgage bonds, for $10,000,000
332
Grand Trunk (Canada)—Consolidated stock
1,390
New stock for £10,000,000
Debenture stock for £8,000,000 (act of 1874)....
Canadian debentures
...

•

•

•

do

on

2d

all rolling stock
do

do

Postal bonds, &c., secured by gov’t business
1st pref. bonds, conv. into 1st pref. stock
2d
3d

do
do

do

2d

conv

1876-7.

....

....

....

350

’58-’78

145

1871-2
1877

•

£100
■

£100
....

1,413,071

....

Various

100
100

....

1853-7
1878

*15

1,000
-

1867

96
120
120
74

1853
1876
1876

1869
1873

343

1866

118
47
461

1870
1873
1872

*

•

mm.

....

1854
1857
1865
....

1864
1875
1874
1875
1877
1869
1870
1872
1876
1876

-

m

112
202
202
217
85
-

•

•

•

184
184
90

m

m

m

m

m

m

m

20
20

m

rn.

m

•

....

500&C.
....

100
100

....

....

m

m

•

50

26*2

m

1,000

....

53
54
54

m

Rate per
Cent.

S*
7

l S-

2*
7
6

7

Where Payable, and by
Whom.

A. & O.
Boston, Office,
A. & O.
do
A. & O
Boston.
& A.
Bost. & London.
& J. N. Y., F. P. James & Co,
N. Y., Metrop. Nat. B’k,
&
&
Augusta.Ga., RR. Bank,
&
do
do
&
do
do

M. & S

do

Stocks—Last
Dividend.

Oct., 1889
April, 1896

April 1, 1891
1910

July 1, 1902
July 1, 1890
July 15, 1878
yearly to 1890
July 1, 1897
1899
1899
1906

do

A. & O London, at Co.’s Office
J. &
do
do
do
do
Various. F. &
5 S
J. &
do
do
J. &
do
do
A
4
do
do
g. J. &
5-16
A. & O
London & Montreal,
A. & O
do
do
2*2
5
J. & J London Joint Stock B’k
6
J. & D
do
do
do
7
do

Dec., 1890
Oct., 1880-82

Columbia, Co.’s Office,

1881 to 1886

g

8
6 g.

8

7

do

|

1875
1858
1867
1869
1873
1873
1862
1867

m'm
m

m

m

m

m

m

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

500
500

1,000
....

100
500 &e.
£200
£200
£200

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

1,000
50
100

500 &c.

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

1,000
1,000

9,168,700
5,083,024
3,000,000
4,000,000
300,000
500,000
1,200,000
1,182,550
700,000
481,000
1,574,000
820,000
1,180,000
100,000
300,000
150,000
6,227,000
2,305,000
940,000
3,292,000
1,359,500
416,000
367,500
1,383,000
97,907

April, 1877
Jan., 1920
Perpetual.
Irredeemable.
Irredeemable.

Irredeemable.

April, 1878
April, 1878

Perpetual.

do

.

29,000,000
2,500,000
2,500,000
4,598,000
1,000,000
1,600,000
3,000,000
1,500,000

Aug., 1870

7

6

8
10

3*2
6
7
7

&

<fc
&
&
&
&
&
&

do

S.

Y., Farm. L. & T. Co
Y., B’k. No. America

J.
J.
J.
J.

Pliila., Co.’s Office,

Q.-J.

do

do

A. '& O
F. & A
A. & O
F.
A.
A.
A.
J.

g8

ig
Is

J.
A.
J.

J.

38,000
7

A.

8

7
7
7
7
10
7
7

Grand Trunk (Canada).—The above figures repre¬
pounds ster.'ing. Net earnings in half year

ending Jan. 1,1878, £239,441. Iuterest, rentals, &c.,
£190,190. (V. 24, p. 396. 467; V. 25, p. 450, 5lO,
618; V. 26, p. 265, 443; V. 27, p. 95, 148.)

Great Western {Canada).—'The above figures are
given in pounds sterling. Company operates several
roads in Canada, amounting to 3 3 miles, and the
Det. & Mihv., 189 miles. For the half year ending
Jan. 31, 1878, the gross receipts were £467,237;
working expenses, £317,604: net earnings, £149,633.
(V. 25, p. 113, 186, 6175 V. 26, p. 265, 443, 574; V.
27, p. 94.)
Greenville & Columbia.—This company defaulted
but compromised with its bondholders. Net earn¬
ings 1877, $180,614. (V. 22, p. 110; V. 26, p. 547.)
Hannibal & St. Joseph.— The company has about
$2,500,100 in land notes, and qbout 100,000 acres yet
unsold. In 1877 gross earnings were $1,931,365; net,
$795,478. Interest clurge, $6S0.000.
The bonds
land notes have a sinking fund of $25,OOo
(V. 25, p. 162,186, 23?, 381, 407. 432, 592;
242, 390, 625.)
Harrisburg Portsm. Mt.Joy A Lancaster.— Leased
to Penn RR., which owns a majority of the stock.
Hartford, Providence & Fishkill.—This road forme
on

per year.
V.-26, p.

J.

do

do

do

Bridgeport & Boston.
Bridgeport and Boston

Philadelphia, Office,
do
do
do

1884-1887
Mar., 1885
Jan.

1,1888
Jan., 1892
Jan., 1886
July 1, 1878
July 1, 1883
Jan. 1, 1880
Jan. 1, 1880
July 15,1878
1885
1889
1883

do

& J N. Y., Nat’l. City Bank
do
do
& J.
do
do
& J.
& O N. Y., J. J. Cisco & Son

J.
J.
J.
A.

S

do

Hartford, Am. Nat. B’k

do

7
6 7
3
6

do

J. N.
A. N.
J.

F. & A.

5,500,000
2,667,000
5,587,150
1,419,400
1,600,000
2,800,000
1,767,000
446,300
353,000
500,000
1,497,000

& J. N. Y., B’k. No. America

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

8
7

a part of the proposed line of the N. Y. & New
England Railroad. Gross earnings 1876-7, $897,H44;
Grand Rapids
& Indiana.—Gross earnings net, $215,938. (V. 22, p. 87, 304; V. 24, p. 156; V.
1877, $1.097.1o7; net, $348,745, against $316,507 in 27, p. 15, 172.)
1876.
Unguaranteed bonds are secured by the
Housatonic.—Lease* Berkshire Railroad, Stocksame mortgage as the guaranteed on the land grant.
bridge & Pittsfield, and West Stockbridge. Gross
“Ex. Land Grant Bonds” to the amount of $1,089,- earnings in 1876-7 were *5>9,407; net, $154,630. (V.
000 were a part of the original $4,000,000 unguaran¬ 22, p. 232; V. 24, p. 274.)
teed bonds; they were redeemed and are no longer a
Houston A Texas Central.—Gross earnings for ten
lien on the land, though still a m >r gage on the road.
months ending Feb., 1878, were $2,350,412; net,
Since Dec., 1875, 1st mortgage bonds redeemed by
Company owns 5,240,000 acres land
sinking fund are rep aced by income bonds issued $937,797.
to Continental Improvement Co. The Penn, rail¬ against first and consol, mortgages, and other lands
and lots against income bonds. (V. 25, p. 857; V.
road virtually buys the coupons paid by it, and
holds them
(V. 24, p. 5«*; V. 25, p. 334; V. 26, 26, p. 40, 290, 334.)
Huntingdon A Broad Top. - Capital stock is $2,p. 95, 192, 239, 443, 549,625.)




Bonds —Princi¬

pal, When Due,

7g. J. & J N. Y., Winslow, L. & Co.
do
do
7g. A. & O

sent

secured

When

Payable

632,237

1870

m

discovered In these Tables.

1876

•

•

....

£20*2

....

....

179

1877- 8.

£3,486,787
7,500,000
2,560,000
3,111,500
500,000
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

707

Equipment bonds, registered
Cin. & Ind., 1st mortgage
do 2d M., guar. ($1,000,000 due ’77 ext. to ’92)

1875-6.

£25
£100

....

151

earng’s... $1,194,824 $1,143,128 $1,013,712
643,110
Opera!’g expenses.
641,677
72’,^03
Net earnings
552,646
500,017
286,012
In May, 1875, this company, with the Central Georgia,
purchased at foreclosure sale the Western Railroad
of Alabama. (V. 24, p. 466,468,495; V. 25, p. 90;
V. 26, p. 468.)

4,000,000
3,549,000
516,000

....

....

Funded interest bonds, coupon

Tot. gr.

1,000
1,000
1,000

....

58
58
58

Indianapolis, Cincinnati & Lafayette
do
do
do

Framingham & Lowell. -Leased to Boston, Clin¬
Fitchburg; has also $250,000 8 per cent notes
due in 1882-3. (V. 26, p. 166.)
Galveston, Harrisburg & San Antonio. — Gross
earnings 1877, $1.052,568; expenses, $36(5,204; net
earnings, $69i,363. A sinking fund of 1 per cent
begins in 1830. The company has 16 sections of
land per mile. (V.26, p. 366.)
.
Galveston, Hmston <fe Henderson.—Net earnings
1876, $309,416. (V. 24, p. 135, 181.)
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,
1878, was published in V. 26, p. 468. A comparative
statement for three years was as follows:

1869
1869
1875

....

....

funded debt bonds)...
Indianapolis & Cincinnati of 1858

ton &

399,000
2,800,000

....

Equipment bonds of 1873

Fort Wayne, Muncie <fe Cincinnati.—Receiver
appointed November, 1874. (V. 23, p. 396.)

1,000

....

m

Preferred stock (issued for

100
500

....

....

2d mort. bonds of 1869

Redemption, 1st and 2d series
Mortgage bonds, sterling
Sterling bonds, (sinking fund £20,000 yearly)....
Mortgage, sterling
I, C. bonds, coup. ($2,000,000) M. onCli.&Sp.RR.
Indianapolis, Bloomington dk West.—1st mort., gold.
2d mortgago
Ind., Bloom., & W., Extension, lst.mort., gold..
Indianapolis Dec. dk Spr.—1st M.,gld (for $1,800,000)
2d mort., (income bonds only till July, 1881).....
Indianapolis, Cincinnati dk Lafayette—Stock. .•

100 &c.

....

•

4,200,000
1,493,000
600,000
4,200,000
522,500

1,000

....

143
296

mortgage

Illinois Central—Stock

^

1,000

1877

....

Housatonic—Stock
Preferred stock

Income and indemnity bonds.
Huntingdon dk Broad Top—1st mort., gold
2d mortgage, gold
3d mortgage consolidated
Scrip for past due coupons

.

....

1st mortgage

1st M., gold.Waco & N’west (Bremond to Waco)...
Consol, mort., 1. gr. (coupon, but may bereg’d)...

.

....

....

Hart/., Prov. dk Fishldll—1st m. (R. I.) (renewed)...
1st mort. (Conn.) (renewed)

Houston dk Texas Cent.—1st M., (main) gold, l.gr.,s.f.
1st mort., West div. (Hempstead to Austin)

500,000
500,000

....

Harrisb., Fortsm’th, ML Joy dk Lane.—Stock

1st

$1,800,000

1,000

....

143

Bonds not guaranteed
New mortgage (for $2,500,000)
Hannibal dk St. Joseph—Common stock
Preferred stock (7 p. c. yearly, not cumulative)...
Missouri State loan
I
Bonds 1870, convertible
B’ds ($1,000,000) secured by $2,500,000 I’d notes
1st mortgage (Quincy & Palmyra RR)
1st mortgage (Kansas City & Cam. RR.)

mm

$1,000

....

350

..

•

Outstanding

+

....

....

.

m

....

495%

Short bonds exchanged for bonds due 76, ’77, ’78.
Greenville dk Columbia— 1st mort.,guar.by State

m

Amount

Value.

1873
1875

•

do

Great Western (Canada)—Common stock
Preferred 5 per cent, convertible into common...
Debentures
New bonds, coupon

m

or
Par

.

any error

INTEREST OR DIVIDENDS.

Size,

....

....

Equipment mort., 1st

1869
1871
1871
1873
1872
1870

xxi

July 1, 1891
July 1, 1891
July 1, 1903
Oct. 1, 1912
Oct.
Feb.

do
do
do

1, 1890
1, 1895

April 1, 1895

"&

A.

N.

Y., Co.’s Office.

Sept. 2, 1878

&
&
<fe
&
&
&
&
&
&
&

O
O.

N. Y., Co.’s Office.
London.

April 1, 1890
April 1, 1895

O. London,Morton R.& Co.
do

D.

do

N. Y., Co.’s Office.
J.
New York,
O.
do
J.
do
J.
O. New York, Co.’s Office,
do
do
J.

April 1, 1903
Dec. 1, 1905
Jan. 1, 1898

Oct., 1909
Oct., 1890
1912

1, 1906
July 1, 1906
Jan.

A. & O. N. Y., Arner. Ex. Bank.
April, 1888
do
do
Feb., 1897
do
do
J. & D.
June, 1899
M. & S.
do
do
Sept.’78,’80,’83
do
do
M. & S.
Sept. 1, 1883
do
do
J. & D.
Deo., 1892
IJ. & J. New York and Boston. Jan. ’82, ’87,’92
F. & A.

I
Gross earnings in 1876 were $270,441; net.
Interest passed on 8d mortgage bonds.
(V. 22, p. 206; 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 has become interested
in the purchase of the N. O. Jack. A Gt. North, on
foreclosure, and has a similar interest in the
Mississippi Central, sold under consolidated
mortgage. In July, 1877, took the Chic.. & Spring,
under lease, and issued the bonds secured on that
road. The annual report for 1877 (V. 26, p. 164) gives
causes for decrease in earnings, prospects, Ac.
The
following is a comparison for four years:
Gross
Net
Interest,
Year.
Earnings.
Earnings.
Ac.
1S77
$6,639,845
$2,546,561
$582,990
1876
7,040.969
2,144,776
616,792
1875
7,802,556
2 670,081
661,098
1874
7,900,721
2,775,362
413,610
(V. 24, p. 111,13 4, 158, 368, 444, 5:8; V. 25, p. 432,
458; V. 26, p. 164,548,574.)
Indianapolis, Bloomington A Western—Default was
first made July. 1874, and decree of foreclosure made
in May, 1877. Receiver’s certificates issued to con¬
siderable amount. The Danville, Urhana, Bloom¬
ington & Pekin is part of this road.
Net earnings
of main line in 8:6-7, $349,567. Western extension
deficit on operations, $45,106. (V. 25, p. 62, 162, 357,
407. 511; V. 26, p. 67, 190, 420, 470, 548; V. 27, p.
41, 148, 172, 199.)*
Indianapolis, Cincinnati & Lafayette.—The com¬
pany defaulted July, 1376, and Mr. Ingalls, President,
wan
appointed receiver.
Gross earnings 1876-7,
$1,311,209; expenses, $775,426; net earnings, $535,783. (V. 24, p. 181, 273; V. 25, p. 182, 380; V.
26, p. 265, 625; V. 27. p. 172.)
Indianapolis, Decatur & Springfield—This em¬
braces the former Indiana & Illinois Central. The
second mortgage is issued to holders of old I.& I.C.
firsts, and till July, 1881, Interest is payable out of
052,800.

$143,815.

.

net

earnings only, if sufficient.

1876-7, $101,105; net, $17,709.

Gross earnings,

(V. 25, p. 511.)

xzii

RAILROAD STOCKS AND

Subscribers will confer

a

great iavor by

BONDS.

giving immediata notice

of any error

DESCRIPTION.
For

explanation of column headings, Ac.,

Miles

Date

of

of

see notes

at the head of first page or tables.

Road. Bonds

Indianapolis d St Louis—1st mort., in 3 series
2d mortgage
Equipment bonds
Indianapolis & Vincennes— 1st mortgage, guar

71

71
....

117
117
519
204
255
204
255

2d mortgage, guaranteed
International d Great Northern—Consol, stock

International, 1st mortgage, gold

Houston A Great Northern .1 rrmortgage, gold...
International 2d mortgage
Houston A Gt. Northern 2d mortgage
Funded coupon bonds
Iowa Falls d Sioux City—Stock
1st mortgage, April 1, ’69
Jacksonv., Pens.d Mob.—Florida State bonds, gold...
Jefferson (Pa.)—1st A 2d morts. (Hawley Branch)..
1st mortgage (Susquehanna to Carbondale)
Jeffersonville, Madison d Indianapolis—Stock
Indianapolis & Madison, 1st mortgage
Jeff., Mad. A Ind., 1st M. (s. f. $15,000 per year).
do
do
2d mortgage
Joliet d Northern Indiana—1st mort., guar by M. C.

184
250
9

38
226
86

•

•

•

•

Value.

Outstanding

$1,000

$2,000,000

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

•

1,000
1,000
100
500 Ac.

1,000
1,000
1,000
1,000
100

1866

1,000

1877

100 Ac.
100
100

1877

673
140
253
394
245
34
427

1865
1,000
1866
1,000
1865-7
1869
1,000
1st mort., coup., (Leavenworth Branch)
1866
1.000
Income bonds, coupon, 3d
mortgage on 427 miles.
1866
50 Ac,
1st land b’ds, cp, or reg., gold, on 2,000,000 acres
1870
250 Ac.
2d land mort.,
do
do
do
1871
1,000
Consol, funding mort cage
1876
June. C. & Fort K., 1st mort., gold, land
33io 1873
gr., guar
1,000
Kentucky Central—2d mortgage
99
1853
1,000
3d mortgage
99
1855
1,000
Keokuk d Des Moines—1st mortgage
162
1874
lOOAc.
Funded interest bonds
1874
100 Ac.
Knox d Lincoln— 1st mortgage
49 ’69-’72
Lafayette Bloomington d Miss.—1st mortgage
82
1871
1,000
Lafayette Mancie d Bloomington—1st mortgage
37
1871
1,000
Lake Shored Michigan Southern—Stock
1181
100
Guaranteed 10 per cent stock
100
Consol. 1st mort., (sink, fund, 1 per cent)
coupon.
864
1870
1,000
do
do
do
registered
864
1870
1,000
2d mortgage, do. (for $25,000,000)
coup, and reg.
864
1873
1.000
Income bonds, coupon or registered
1872
1,000
Mortgage bonds of Oct., 1809, sinking fund
864
1869
1,000
1st mortgage, sinking fund. M. S. & N. I
451
1855
1,000
2d mortgage (C., P. A A. RR.)
registered bonds..
95
1859
1.000
3d mortgage
do
95
1867
1,000
Lake shore dividend bonds, April, 1809
258
500 Ac.
1869
1st mortgage (C. A Tol. RR.)
sinking fund
162
1855
1,000
2d mortgage
do
162
1866
1,000
Buffalo A Erie, mortgage bonds
88
1862
1,000
do
do
88
1866
1.000
do
do
88
1868
500 Ac,
Dot. Monroe A Tol., 1st mort., coup.,
guar
62
1876
1.000
Kalamazoo A White Pigeon, 1st
mortgage
37
1869
Schoolcraft A Three River. 1st mortgage
12
1867
Kalamazoo A Schoolcraft, 1st mortgage
13
1867
Kalamazoo, Allegan A Gr. Rapids, 1st mortgage
58
1868
do
do
stock, G per ct. guar.
Jamestown A Franklin, 1st mortgage
51
1863
1 000
do
do
2d mortgage
1869
1 000
Lawrence—Stock
.~1
•

•

•

4,000,000
300,000
2,000,000
2,000,000
397,000
2,409,000
2,000,000
800,000
500,000
300,000
2,789,413
500,000
4,493,428
2,488,000
10,000,000
2,240,000
4,063,000
6,303,000
6,404,000
.

•

2,300,000
254,800
2,395,000
1,300,000
666,000

49,466,500
533,500

Leavenworth Atcli.

d X.

IF.—1st mort., guar

Leaven., Law. d Galv.—1st mort., l.gr. ,s.f.,
Kansas C. & Santa Fe, 1st mort., guar
Southern Kansas, 1st mort., guar
Lehigh d Lackawanna—1st mortgage
Lehigh Valley—Stock, common and pref
1st mortgage, coupon and
registered
2d mortgage, registered

conv

3‘2

10
15
301
101
101

2,844,000
924,000
400,000
100.000

100,000
840,000
610,000
422 000
500 000

450,000
341,000
600,000
5,000,000
720,000
160,000
300,000

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

27,228,855

1 000

5 000 000

l’ooo

6,000,000

J. A J.
J. A J.
A. A 0.

Indianapolis & Vincennes—Is contro'ledby Penn.
Co through stock ownership, and interest is
guar¬
,

anteed by Penn. Railroad.
were

$32,708.

Net earnings in 1875

(V. 20,p. 426.)

International & Great Northern (Texas).—A con¬
solidation of the International and the Houston &
Great Northern.
Coupons funded in 1873 and
bonds issued for $2 787,6.0.
Receiver appointed
April, 1878, and new plan of re-organization made,
as per Chronicle, V. 27,
p. 95.
Net earnings, 18<7,
$466,248. Land grant about 5/ 00,< 00 acres. (V 23,
p. 403j V. 24, p. 299; V. 26, p. 342, 547; V. 27, p 95.)
Iowa Falls & Sioux City.—Leased to Illinois Cen¬
tral at 35 per cent, on
earnings.
Iron Mountain, Chester A Eastern.—This was for¬
merly the Chester & Tamaroa. Bonds are in de¬
fault since 1873, and foreclosure sale ordered.
(V.

22, p. 614.)

Jacksonville, Pensacola A Mobile.—This road is
mortgaged for a like amount of Florida State bonds,

and is held by the State ar.d noticed for sale
April
2,1877. (V. 22, p. 158; V. 23, p. 63, 256, 576; V. 24,
p. 40, 204; V. 23, p. 212.)
Jefferson.— Leased to the Erie Railway Company,
which pays interest on the bonds. (V.
14, p. 628.)*
Jeffersonville, Madison A Indianapolis.—Leased
Jan. 1, 1873, to Pennsylvania
Company for interest
and sinking fund of bonds, and 7
per cerL a year
on stock.
Lease guaranteed by Penna. Railroad.
In 1877, gross
earnings were $1,177,976; net earn¬
ings, $199,033. (V. 26, p. 192.»

Joliet A Northern. Indiana.—Mich. Central offered
to extend with a 6 per cent,
bond, but court decided




do

do

0.
J.

do
do
do
do
J. N. Y., Farm. L. A T. Co.

J.
O.

Philadelphia Office.
do

Boston, at Office.
do
do

Oct,

1, 1900

July 1, 1881
1908
1900

April 1, 1911
1, 1900
Feb., 1904
Feb. 1, 1904
June, 1878
1, 1899

April

1900

1887 A 1889
Jan. 1, 1889

May, 1878
May 1, 1881
Oct. 1, 1906
July 1 1910

Jan.
Jan.
Jan.

do

do

g.
g.

A A. N.
A D.

July 1, 1919

July 1, 1882
April 1, 1900

do

A. A O.
New York Office.
A. A O.
do
do
Various Bath, First Nat. Bank.
F. A A.
New York.
F. A A.
F. A A. N. Y., Chase A Atkins.
F. A A.
do
do
J. A J.

7

7
10
10
8
7
1
0
7

Junction (Phil>—Owned by connecting
companies.
Cost of road $898,324; paid-up stock,

1, 1880
1, 1907
1, 1907

Y., Bk of Commerce. Aug. 1, 1895

•

Q.-J.

A D.

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

A
A
A
A
A
A
A
A
A
A
A

F. A
A

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

A
A
A
A
A
A

formerly Covington

&. Lexington.
The company purchased the
Maysville & Lexington road.
In June, 1878, it paid a
dividend of 3 per cent on preferred stock of
$500,000
and 1 per cent on common stock of
$4,500,000.
Gross earnings 1877-8 * 648,342;

(V.

24, p. 495; V. 26, p. b 73.)
Keokuk A Des Moines.—The stock is
$1,524,000
pref. and $2,400,000 common. Coupons due Oct. 1,
1877. and April 1. 1878, funded into
scrip. In May.
1876. leased to Chic. Rk. I. & Pacific on basis of a
guarantee of new bonds at 5 per cent. (V. 24, p.
6 17; V. 25, P. 212; V. 26,
p. 470, 523, 546.)
Knox A Lincoln.—In 1877 net
earnings were $48,-

O.
0.
N.
J.
O.
O.
J.
0.
J.
S.
O.
A.
J.
J.
J.
J.
O.
J.
I)

Q.-J.
F.

A
A. A
J. A
M. A

Jan.
Oct,

gS'-Sa '

HP?
^r-4

1

g

^

]

‘ga'Eci

j

r

w

a

eS 3 3 0
® c2

5

l

eefrHP

O
.

Q.—J.

|m.
1

a s.

1,
1,
1,

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

April
July
April
July
Sept.
April
Aug. 1,
Jan.' L,
July 1,
July 1,

Pittsburg Office.
Y., Winslow, L. A Co
Y., B’k of Commerce

Philadelphia Office.

■Rc>o- atnffipp

pii

TTlrV A

Philadelphia Office.

1901

1901
1878

1878
1900
1900
1903
1882
1879
1885
1880
1892
1899
1885
1886
1882
1886
1898

1906

1890
1887
1887
July 1, 1888
April 1, 1878
Var fo July, ’97
.Time 1

A. N.
O. N.

A D

Aug.,
Aug.,
Aug. 1,
Aug. 1,
July 1,
July 1,

May-1,

§s-es

'

J.

1904

1884
1880-1902

Dec.
Oct.
Oct.

J. rNew York and Boston
N.
Boston Office.
do
F. A A.

1894

July, 1878
Aug., 1895

Oct,

1, 1889

July, 1899
May, 1890
1892

Feb., 1897
April 15, 1878
.limp*

1 ft OS

Sept,, 1910

943. Interest is paid on bonds
by cities and towns.
Annual report for 1876, V. 22, p. 304.

Lafayette Bloominqton A Miss.—Formerly leased

to Tol. Wab. & W.
518; V. 27, p. 146.)

$185,000.

Kansas City, St. Joseph <6 Council
Bluffs—'The
above statement is made of the securities as issued
since re-organization. Annual
report of operations
in 1876, and outline of
plan for issue of securities,
in V. 25, p. 62. (V.
22, p. 233, 495; V. 20, p. 39 0.)
Kansas Pac.—In 1877 gross
ear’ngs were $3,284.7 ’4,
and net earnings $1,367,777,
against $1,280,467 in 18'6
and $1,572,880 in 1675.
'! he earnings made on each
mortgage division are shown in V. 26, p. 192: V. 27,
p. 1S6.
The land grant is in two trusts, 2.000,000
acres in the first, from the 1st to the 380th
mile, and
3.000,000 acres in the second, irom 3-Otli mile west¬
ward, (Denver Extension.-) The company, in Nov.,
1876, went into hands of receivers.
Important
negotiations for control by Union Pacific made in
May, 1878, and afterwards a disagreement between
the parties. Foreclosure
pending under the first
mort. of 1669 (Denv.
extension). (V. 26, p. 192, 391,
420, 470, 548, 621, 653; V. 27, p. 16, 41, 95, 96, 121.
200.)

net, $246,691.

Y., Farm. L. A T. Co.
do

Stocks—Last
Dividend.

do
do
June 1, 1896
Payable *2 by transportation.
1895 to ’97
g. M. A N. N. Y., Lond. A Frankf’t. May 1, 1899
M. A N. N. Y., Bk of Commerce. Jan
1, 1896
M. A S.
do
do
July 1, 1916
g. J. A J. N. Y., Lond. A Frankf’t.
July 1, 1880
g. M. A S.
New York.
Sept., 1886
A. A O.
do
Oct., 1879
g. A. A O.
New York.
April 1, 1903
M. A S. N. Y., Bank of America.
March, 1883
J. A D.
do
do
June, 1885

26, p.

was

N.

pal, When Due,

Jan.

F.
J.

that total rent must be applied to
principal and
interest of bonds; still in litigation. In Jan..
1878,
a 7
per cent bond, guaranteed by M. C., offered.
(V. 21 p. 567; V. 24, p. 445; V. 25, p. 592; V.

Kentucky Central.—This

do
do
do

do
do

g.
g-

2^

40.)

N.

7
7
6

7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
8
S
3
7
7

849,000
200,000
300,000

Q-F.

A
A
A
A
J. A
A. A

1

IndianajjolB & St. Lours.—Of the 1st nrrt<:a7e
bonds seiies “A” are J & J.; series “ B.” M. &
S.;
series “ C,” AI. & N. The stock,
$600,000, is owned
by Pennsylvania Co. and Cl. Col. C n. & Ind. Be¬
lt nes to Penn, system, and leases the St. Louis A.
& T. H.
In 1876-7, net earnings were
$191,432.
Foreclosure suit ponding. (V24, p. 495; V. 26. p.
95, 614, 654; V. 27, p. 11.)

Y., National City B’k

O.—M.
A O. N. Y., Nat. Park Bank.
A J.
New York.
A J. Honesdale Nat. Bank.
A J. N. Y., by Erie Railroad.

M.
A.
J.
J.

7
7

9,206,000
3,294,000
888,000
5,256,000
1,000,000
1,000,000
1,393,000
1,595,000

1867
1868
1870

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

7
7
7
7
6
6

5

\

50

1869
1870
1872

A.
J.
J.
J.

1

{

c

1865
1870

600,000

844.000
237,000

...

mortgage

1
7
8
7
7

6
6
6
7
7
7
7
7
10
7
7
7
7
8
6
7
7

1,500,000
600,000

■

....

1st

8
8

A.
J.
F.
F.

134

4,275,350
1,605,250
1,500,000

....

22
17.
2L
145

Where Payable and by
Whom.

2,787,620

1,000

....

4

2;oeo;ooo

Bonds—Princi¬

Various N. Y., Union Trust Co.
A* A O.
do
do
J. A J.
do
do
F. A A. N. Y., Farm. L. A T. Co.
M. A N.
do
do

7 g.
7 g-

4,625,000

...

7
7
8
6

100
500 Ac,

1870

Pay’ble

1,450,000
5,500,000

3,264,000

44

When

Cent.

nr

4,084,000
2,052,000
2,907,000

1869
1870
1867
1869

INTEREST OR DIVIDENDS.

1,700.000

1,000
1,000
1.000

discovered in. these Tables*

Rate per

917,000
500,000

1,000

159

274
52
274

Amount

1872
1874
1874
1876-8

159

4^

or

par

1871

1862
1866

Junction, Philadelphia—1st mortgage

2d mortgage
Kansas City, St. Joseph d Council Bluff's—Stock
1st mortgage, Council Bluffs A St Joseph
Kansas City, St. Jo. A C. Bl., mortgage
do
do
income bonds, reg...
Kansas Pacific—Stock
1st mort., gold, coup., on 140 miles west Mo. Riv.
1st mort., gold, 140th to 393d mile
2d mort (to U. S. Gov.) on 394m. west Mo. River.
let M., 394th to 639tli mile, I’d gr., 3,000,000 ac’s

1869
1870
1871

Size
c

[VOL. XXVII.

(V. 23, p. 353; V. 24, p. 445, 468,

Lafayette MunceA Bloomington.—In hands of
(V. 24, p. 468, 518; V. 27, p. 146.)

receivers.

Lake Shore & Michigan Southern— The
report for
months ending June 30, 1878 showed
surplus
income anp’icable to divide* ds of
$991,213, against
$445,247 fo same time in 1877. See V. 2», p. 645.
t;x

The

following shows a

Miles
Gross

summary for the years named:
1875.
1876.
1877.

1,175

1,176

1,176

earnings.. $14,434,198 $13 949.176 $13,505,158
Operat’g exp*es. 10,537,500
9,574,835
8,963,965

Net earnings....
Stock
Total debt

3,902,697
4,374,341
4,541,193
50,000,000
50,000,000
50,000,000
37,774,100
37,524,000
37,274,000
(V. 23, p. 33, 254, 622; V. 24, p. 16, 418; V. 25, p.
16, 63, 230, 510; V. 26, p. 442, 645.)
Lawrence.—Leased to Pittsb., F. Wayne & Chic,
cent on gross earnings. Lease transferred

at 40 per

to

Pennsylv’a Company. Net earnings, 1875, $84,177.
Sinking fund has $14,000 bonds, (v. 20. p. 425.)

Leavenworth Atch.AN.
Pacific.

IF.—Operated by Missouri

Leavenwcn'th, Lawrence A Galveston.—Defaulted
interest July, 1873. Sold in foreclosure
Aug. 9,
1878, for $760,000. (V. 26, p. 265, 420, 6( 0: V. 27, p.
200.)
»
Lehigh & Lackc,wanna.—Operated 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 1876-7, was $7,lu0,2!8; net $3,937,396.
The Co.’s report gives no
general balance sheet,
on

the cost or value of its miscellaneous invest¬
ments.
Of the E. & Amboy mort., $5,000,000 have
nor

i

August

IIAILROAD

31, 1878.]

Subscribers will confer a

Date
of
Of
Road Bonds

18

of tables.

■Lehigh Valley—(Continued)—

60

Delano Land Company bonds, endorsed
Lewisburg Centre <6 Spruce Creek—1st mortgage.

...

Little Miami—Stock, common

.

1st mortgage
Street connection bds (jointly with Cin. A Ind.RI .)
Little Rock <£ Fort Smith—New stock
1st M., ldgr’t (750,000 acs) s.fund (for $3,000,00 ))

.

mortgage, main

1864
1875

1,000

•

392
392
130
83

.

.

.

Macon <£

Augusta—1st mortgage
2d mort., endorsed by Georgia Railroad
Madison & Portage—1st mort., gold
Mahoning Coal.—1st mortgage, coupon
Manchester & Lawrence—Stock
Maine Central—Stock

38
72

33
22

188
188
•

mortgage for $1,000,000

C...

by M. & C.Cincinnati A Baltimore RR., stock
do
1st mortgage
do
Marquette, II. d5 O—1st mort., I’d gr., M." A O., coup.
1st mort., I’d gr., H. & O., coup
2d mort., land grant, M., H. & O., coup
3d mort.,
do
do
do
Memphis <£ Charleston—stock
1st mortgage, convertible

Net

earnings
Capital stock

Funded debt

Floating
debt
*

Anthracite.

3,262,861

3,812,750 3,162,822

$2,783,633 $3,20-i,896 $3,325,214
27,(92,297 27,228,920 27.228,855
22,129,000 24,186.000 24,301,000

460,208

635,813

(V. 24, p. 110; V. 25, p. 2S3;

V. 26, p, 67, 340.)
Little Miami.—This company leases the

£200
£200

1,000

1869
1870
1872

1,000
1,000

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

....

_

_

.

.

Too
100

500 Ac

Too
1,000

1873

1,480,000
1,000,000
3,620,120
3,898,600
1,100,000
496,500
756,800
633,000
425,000
217,300
1,166,700
150,000
300,000
2,450,000
1,050,000
2,500,000
3,000,000
2,004,000
300,000
1,125,000
750,000

1,910,000
2,000,000

1,000
1,000

840,000
706,000
5,312,725

25

800
284
284
284
103
10

39
39

1877
1878

1872
1869
1874
1870
1870

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

1894

7

T. A J.
J. A J.
A. A O.

Boston.

Philadelphia Office.

July 1, i895
July, 1878
Oct., 1882

1,000,000
2,264,000
600,000 p.m.
18,738,204
1,501,000
556,000
8,000,000

2^
7
7
7 g.
7
5

"l

’

6
6 g.
7
6
6
6
6
6 g.
7
7
7 g.
7
8
8
7
4
7
4
7
8
8
8
10
7
7
7 g.
6 g.
2
8

8

200,000
556,000

7
8
8
8

640,000
70,000

8
8

1,900,000

$2,100,000 stock. (V. 24, p. 170,‘469, 565; V. 25,
16, 335, 35 6, 433, 533.)
Louisville, New Albany & St, Louis Air-Line.—
This road is projected from Louisville to St. Louis,
and has 28 miles built. To be sold ir. foreclosure.
(V. 20, p. 16, 357, 453; V. 21, p. 86; V. 22, p. 8c8.)
Louisville & Nashville. In 1876-7 surplus above
int. and rentals was $359,000. For eleven months
ending May 31, 1878, net earnings were $2,090,787 in
1877-8, against $1,336,895 in 1876-7.
Gross earnings
of main stem, branches and ieased lines in 1876-7,
$5,315,326; net, $2,140,520. Nashv. & Dec. is leased,
with
p.

-

S. & N. Ala. are assumed.
41, 332, 356; V. 26, p. 142, 653; V. 27,

and liabilities for the

earnings, 1876, (L. M. & U. & X.)
$226,555. (V. 20, p. 427; V. 24, p. 420.)
Little Rock&Fort Smith—Foreclosed Dec. 10,1874.
Re-organized and stock issued for old bonds. Net
receipts, 1876, *51,044; in 1377, $114,126. (V. 25, p.
63; V. 26, p. 549.)
Net

p.

p.

63.)
Lowell & Lawrence.— Leased to Boston

& Lowell.

(V. 25, p. 357.)

Lykens Valley.—Leased to Summit Branch Rail¬
(V 25, p. 11$-)
Macon & Augusta.—Leased and operated by the
Georgia Railroad, which guarantees all the bonds
except $100,000 of first mortgage. Gross earnings,
Little Schuylkill. —Leased and operated by Phila¬ 1877-8, $99,787; expenses, $104,6C7. (V. 26. p. 468.)
Madison tfe Portage.—Controlled bv Chic. Mil. &
delphia & Reading. Dividends, 7 per cont.
St. Paul. Gross earnings, 1»76, $31,896. (V. 28, p.
road at $62,500 per annum.

.

Logansport, Crawfordsville & S.W. of Ind%-De¬ 459.)
cree of sale made.
The total liabilities. September
1875. reported at $4,097,000, of which $322,000 were
Mahoning Coal.—This coal road runs from An¬
dover. O., to Youngstown, O., and is leased to the
receiver’s certificates. (V. 22, p. 63; V. 23, p. 428.)
L ike Shore & M. S. for 25 years from May, 1873, at
Long Island.— Gross earnings, year ending Sept. 49
per cent of gross earnings.
30,1876, $1,134,753; net earnings, $383,608 (including
Manchester & Lawrence.—Formerly operated with
leased lines from May 1); interest and rentals,
$276,331. Net earnings for three years before, were: the Concord RR. as one line. Net earnings 1877-8.
1874-5, $213.50J; 18734. $317,831; 1872-3, $365,333. $100,458 against $100,415 in 1876-7. (V. 25, p. 39;
In Jan., 1876. a sale of stock was made to Mr. Pop- V. 27, p. 66.)
penhusen, and this roid afterward leased (he Flush¬
Maine Central.—The total earnings for the year 1877
ing No. Shore & Central, and the So. of L. I and were $1,654,237; operating expenses. $1,003,538; net
went into Receiver’s hands October, 1877.
(V. 23, earnings, $65)J.9 i— sufficient to pay $603,519 for
p. 112; V. 25, p. 334, 432, 510; V. 26, p. 290, 392.)
interest and rents, and leave a balance of $47,179
Louisville, Cincinnati & Lexington. — Sold in There were sola $1,011,000 of consol, bonds in the
foreclosure Oct. 1, ’77, for $731,000 to 2d mort. bond¬ vear to pav floating dubt. (V. 22, p. 350; V* 24, p.
holders, subject to above liens. New co. organized 344; V, 25, p. 187; V. 26, p. 341.)




,

J. A J
M. A N

Philadelphia Office.

*

©incinnati.

Q.-M.
M. A N

Q.-F.
F.
M.
M.
M.
A.
M.
J.
J.
A.
F.
A.

A
A
A
A
A
A
A
A
A
A
A

A.
N.
N.
N.

N

Y., Bank of America.

do

Jan.,

Aug., 1900

N.

Y.,' Jones A Schuyler.
Company’s Office.
N.Y.,St. Nicholas N.Bk.
do
do
do
do

i892

May 1, 1902
June 9, 1878
May, 1883

1873
1890

do

1884

do
do
do

July, 1898
May, 1903

O.
April, 1901
S. Drexel, Morgan A Co.
Sept., 1901
J. N. Y., Bank of America.
Jan., 1881
do
do
Jan., 1897
J.
1907
O.
Louisville.
A.
July, 1878
O. N. Y„ Drexel, M. A Co. 1880 & 1887
1886
do
do
Various
M. A N.
Louisville.
Slov., 1880-’S5
do
A. A O.
Oct, 15, 1893
A. A O. N. Y., Drexel, M. A Co.
April, 1898
Nov. 1, 1883
M. A N.
New York.
J. A D. London, Baring Bros.
Dec., 1901
do
do
F. A A.
Aug., 1902
Boston.,
A. A O.
Apl. 2, 1878
J. N.Y.,M.K. Jesup.P. ACo.
do
do
J.
New York.
O.
J. N. York, Union Trust Co.
N. Manchester and Boston.

A
A
A
A
A

A. AO. Boat., Nat. B’k Com’rce.
F. A A. Bost., N. Bk. Commerce
do
do
'
A. A O.
do
do
J. A J.
Portland.
J. A J.
J. A J. Bost., Nat. B’k Com’rce
A. A O.
Portland, Mo.
A. A O. Bost., Nat. B’k Com’rce.
Belfast and Boston.
M. A N.
J. A J. Boston, Boat. Nat.Bank.
F. A A. Balt., R. Garret A Sons.
Loudon.
F. A A.
M. A N. Balt., R. Garret A Sons.
do
do
J. A J.
do
do
A. A O.
do
do
M. A N.
do
do
J. A J.
J. A D. Balt., Merck. Nat. Bunk
do
do
M. A N.
do
do
J. A J.
J. A D. N. Y., Company’s office.
do
do
J. A J.
do
do
F. A A.
do
do
M. A S.
.

.

May, 1878

Philadelphia.

Q.-F.

J.
J.
A.
J.
M.

.

1,260,000
292

Cincinnati.

1*2

600,000
400,000
370,000
600,000

1,000
1,000

.

Various

6
6
7
6
7
7 g.
7
6 g.
3

77,000

1898 & 1923

6

7
6
7
7
7
7
6
7
7

333,000
7,070,000
2,000,000
3,500,000
2,336,730

Philadelphia Office.

.

....

?

Stocks—Last
Dividend.

and by

J.

8 g.

9,003,218
849,000
225,000

Whom.

Where Payable,

A D

Bonds—Princ i-

pal, When Due.

6 g.
6
7
7
2
6

7

1,200,000
1872
1871
1872

Payable3

492,000
1,500,000
3,300,000
175,000
150,000
1,121,500
106,500
250,000

200,000
100

1867

*292

Columbus (V. 25,

& Xenia, and both are leased to Pittsburg, Cincin¬
nati & St. Louis, guaranteed by Penn. RR., lessees
assuming interest payment on bonds and 8 per cent
stock.

1,000

When

Cent.

3*2

500.000
50
44
94
109

Kalamazoo & South Haven, 1st mort., guar
do
do
2d mort., guar

expenses..

1873
1871

Rate per

2,646,100

3,000,000

5*2

gold (for $1,700,000)
Metropolitan (N. Y. City)—1st mortgage, $ or £
Michigan Central— stock
1st mortgage, convertible, sinking fund
1st mortgage, convertible
Consolidated mortgage (for $10,000,000)
Michigan Air Line mortgage
Michigan Air Line 1st mort., assumed by M. C
Equipment bonds...

Operating

1.697,000
1,545,000
4,608,000
1,500,000
525,000
5,000,000
2,650,000

1,000
100 Ac.
100

■

2d mortgage.
New consol, mortgage,

■been issued to L. V. Company.
A comparative
statement for three years is as foHows:
1674-5.
1875-6.
1876-7.
♦Coal (tons) moved... 3,277,527 3,951.513 4.36U24
Gross earnings
$5,046,495 $7,049,646 $6,48 ^036

Held bvL.V

1,000

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

1869

30

1st mort., guar,

Outstanding

600,000
100,000

1856
1863
1863
1868

1872
1860-1
1870
1868
1871
1861
1863
1865
1870
1869
1861
1861
1866
1870
1873
1866

19

Portland & Kennebec, 1st mort., extended
do
do
consolidated mortgage...
Belfast & Moosehead, 1st mortgage
Mansfield <£• Framingham—1st mortgage
Marietta & Cincinnati— 1st mortgage, dollar
1st mortgage, sterling
2d mortgage
3d mortgage
;

do

500
500
500
500

,

....

Androscoggin Railroad, Bath City loan

do

....

....

355

mortgage, consolidated

Bonds ($1,100,000 loan) A. &. K. RR.
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Leeds A Farmington Railroad loan

Scioto & Hocking Valley RR., 1st mortgage
Balt. Short Line, stock, 8 p. c. guar by M. &

1860
1864
1868
1873
1871
1871
1851
1867
1877*

1872

12
20
77
77
39
43
26
355

.'

Lykens Valley—Stock

on

....

50
500 Ac
100 Ac
50
500

....

Memphis & Clarksville br., 1st mort., sterling...

4th

50

1877
1870

65

.

1st

....

1,000
1,000

175
175
737

.

;

1,000

....

95
4
10
19

Newtown A Flushing, guar
New York A Rockaway, guar
Smithtown & Port Jefferson
Louisv. Cin. & Lex.—Louisv. l’n(to Louisv. A Frankl )
Louisville Cincinnati & Lexington, 1st mort...
New mortgage, coupon, for $1,000,000.^..
Louisville & Nashville— Stock

Lowell & Lawrence—Stock.

....

....

....

Amount

$1,000 $13,301,000

1853

.

Louisville loan, main stem (no mortgage)
Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
do
extension, Louisville loan
Consolidated 1st mortgage for $8,000,000
2d mortgage bonds, gold, coup
Memphis A Ohio, 1st mort., sterling, guar

Value.

....

31
31
92
158

1st mortgage, sinking fund, extended 1877
Logansp't, Grawfordsv. d- S. IF. oflnd.—1st mort., {

mortgage, extension
mortgage, Glencove Br

or
Par

19
196
81

123

Little Schuylkill—Stock

Long Island—Stock

-

these Tables.

INTEREST OR DIVIDENDS.

Size,

123

.

1st

1873
1877
1872

232

))

1st
1st

xxiii

BONDS.

AND

great favor by giving immediate notice of any error discovered In

DESCRIPTION.
at the head of first page

STOCKS

1887
1879

Oct., 1890
Jan., 1902

May 1, 1878

April

1*

1912

1890 to 1891

Oct., 1900

July, 1898
July, 1901

July, 1891
Lprill, 1883
1, 1895

Oct.

May 15, 1890

April, 1908
May 1, 1896
Jan., 1878

June 1,1892
July 1,1891
Aug. 1,1892

.

May 1,1880
Jan. 1,1885
Jan. 1,1916
July, 1908
N.Y., Central Trust Co.
J. A J. New York and Boston. »Tune 1, 1878
Oct. 1,1882
Boston Office.
A. A O.
Oct. 1,1882
do
A. A O.
M. A N. N. Y\, Farm. L. A T. Co.
May 1,1902
Jan. 1,1890
do
do
I. A J.

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

M.
A.
M.
VI.

A
A
A
A

Y., R. T. Wilson A Co.

N.
O.
N.
N.

do
do

do
do

do
do
do
do

do
do
do
do

1890

il 1,1883
Nov. 1,1890
_

Nov. 1.1890

Mansfield db Framingham.—Leased to Boston,
25 per cent of gross earn¬
ings. Consolidation made June, 1875.
(V. 20, p.
Clinton & Fitchburg, at

615.)
Marietta & Cincinnati.—Capital stock is $14,000,
000. Gross earnings for the year 1876 were $1,637,-

052; expenses, $1,291,870; net earnings, $345,181,
against $371,424 net earnings in 1875. The Balti¬
more & Ohio Railroad made large advances for
construction, &c. Default was made in 1877 and a

appointed in suit to foreclose the 4th
The first m rtgage bondholders com¬
plain of the payment of interest on guarantees
which are inferior liens to their own.
(V. 24, p.
224; V. 25, p. 303, 335, 519; V. 26, p. 216, 342, 496.)

receiver

was

mortgage.

Marquette. Iloughton & Ontonagon.—This is a
of Marquette & Ontonagon and
Houghton & Ontonagon, and operates 83)£ miles.
Lanas amount to 425,000 acres, chiefly timber and
mineral.
Stock, $2,306,600.
Net earrings, 1816,
consolidation

$347,687.

'

Memphis <fc Charleston—This road was leased in
June, 1877, to theE Tenn. Va. & Ga. RR. Co. An im¬
portant negotiation was also made in the same fiscal
year, placing ihe company in a much better financial
condition. See full account in V. 26, p. 115. Of the
new consol, mortgage $1.400 090 is secured by old
Tenn. State lien for $ 1,738,906, assigned to a trus¬
tee, and enough is reservt d to take up 1st and 2d
mortgages. (V 23, p. 304; V. 24, p. 519, 565; V. 25,
p. 255; V. 26, p. 115.)
Metropolitan (N. Y. City).—This is the elevated
road formerly known as the “Gilbert.” (V. 27, p.
143.)
Michigan Central.—The fiscal year

will hereafter

For seven month'1, June
1877, net earnings or. main line and branches

end with Dec

$1,312,498.

31.

Floating debt has been paid

Dec.,
were

off. The

Jackson L.& S. debt is assumed by Mich. Cent. ,
which also pays $70,000 per year on the stock, one third of which it owns; the proceeds o U. L. & S .

lands go to pay

bonds. (V. 26, p. 519.) Interes w ts

xxiv

RAILROAD

Subscribers will

confer

a

DESCRIPTION.

STOCKS AND

Michigan Central—(Continued)—
Grand River
Valley, 1st mort., guar. 5
do
do
2d mort., guar
stock, guar

do

118
116
236
126
127

to White B. Lake, guar..
d Tennessee—1st mortgage, series “A”.
1st mortgage, series
“B,” (a second lien)
Missouri, Kansas d Texas— stock
lstm., gold, sink, fund, onroad and land
(U.P.S.Br)
1st mortgage, gold (Tebo. A

Neosho)
Consolidated mortgage, gold, on road and land...
2d mortgage, income
(for $10,000,000)
Hannibal A Central
Missouri, 1st mortgage
Missouri Pacific—Stock

gold

mortgage (sinking fund
Real estate (depot)'bonds$50,000 per annum)..
Debt to St. Louis
County (no bonds)
3d mortgage

Carondelet Branch, 1st
Missouri R., Fort Scott d mortgage
Gulf—lat m. 1. gr.s. f....
2d mortgage,
coupon, may be registered
Mobile d Girard—2d
mort., end. by Cent. Ga. RR..
Mortgage bonds issued to Central R. R. Ga
Mobile d
Monty.—Stock, (Authorized $3,022,517.).
Mobile d Ohio—Stock
..

Convertible 8 per cent bonds
1st mortgage,
sterling

m

93
15

100
100

786
182
100
786
786

d Q.

Lake.—1st mort,

$15,000,000)...
new ($700,000)

2d mort. (issued for old
firsts)
Montgomery d Eufaula— 1 mort., end.
1st mortgage, not endorsed

by Alabama.

Monticello d Port Jervis—1st
mortgage
Morris d Essex—stock
1st mortgage,
sinking fund
2d

mortgage

Convertible bonds
Construction bonds

Gen. m. A 1st on Boonton Br.
Ac. (guar. D.L.AW.)
Consol, mort. (for
$25,000,000) guar. D. L. & W..
Special real estate mortgage
Nashville, Chattanooga d St. Louis—stock
Bonds to U. S.
government, 2d mort..
Bonds endorsed by Tenn
New 1st mort. (for
$0,800,000) coup., reg’ble
Bonds of N. C. A St. L., 1st
mort. on branches
do
do
1st mort. on Tenn. APac
Nashville d• Decatur— Stock,
guar’d 0 p. c. by L. A N.
1st mort. guar. s. f
2d mortgage

Nashua

d

Lowell—Stock

Bonds for

freight depot (gold)

299
283
283

299

1876
1873
1869
1870

151s
161
161
85

1869

1877
186
516

d Straitsv., O.—1st
mortgage
d Reaver
Valley—Stock
New Haven d Derby— 1st A 2d
mortgages
New Haven d

Nortiiamp.

(canal RR.)—Stock
Mortgage bonds, coupon
Bonds convertible, tax
free, coupon
Holyoke A Westfield RR, leased, 1st mort..

passed on the Detroit & Bay City
bonds, not guar¬
anteed, Nov., 1875. D. & B. C. net
earnings in 1877
were $97,281.
(V. 25, p. 11, 332; V. 26, p.

417,

574, 653.)

Milwaukee & Northern.—Two
coupons were paid
in stock, but cash
p iymcnt was resumed in
July,
1876. It is leased to Wisconsin
Central.
(V. 22,
p. 233.)
'
Shore & Western .—Sold in fore¬

$2,509,788, Dec. 10, 1875, and
by bondholders, who made this new first purchased
mortgage
for $750,000. Net
earnings, 1876, $57,479. (V. 21,
p. 277, 591; V. 25, p. 308.)
Mine Hill & Schuylkill
Hawn.—Leased to Phila¬
delphia & Reading, May i<64, for 999
years; 8 per
cent
dividends

on

stock.

Minneapolis & St. Louis.—This road
pleted in 1877. The bonds of the

was

com¬

$1,100,000

mort¬

gage. numbered from 1,101 to 1,4)0. for

l$150,000 in all)

are

*5CPeach,

guaranteed by the Burl. C. R. &
Northern Railroad. The bonds
on the 15 miles
were issued by
the Minneapolis & Duluth RR.

Mississippi & Tennessee.—Gross earnings 1876-7,
All

$433,440; net, $212,768.
in

the

1871
1871

21

1,000
1,000
1,000

\

1874
1875

40
80
80
23
137
84
84

the debt is consolidated

|

.

1,000

1,000

1870
1870

1,000

1864
1866
vari’us
1871
1871
1875

34

137

1,000

345

1,000

1,000
1,000
1,000
25

1871
340
75
30
122
122
122
54

1873
1877
1S77

1870
1867

1,000
1,000

1,000

1,000
500
100
100

1877

1,000

1869

500 Ac

50
50

68A70 ? 500 Ac
100
1869
1,000

1870

10

i;ooo
1,000

*

g.
g.

g.

8
6 g.

8
6 g-

g<

g.

g.

'
g.

15,000,000

3^

5,000,000

7
7
7
7
7
7
7
1
4
6
7
6
6
3
7
6 g.
2
6 g.
5
7
5
7 g.

.3,000,000
284,000
573,000

4,991,000
4,321,000
1,025,000
6,575,295
1,000,000
1,100,000
4,700,000
320,000
300,000
1,512,000
1,837,000
206,000
800,000
200,000
2,000,000
1,836,000
1,300,000
800,000
605,000

212

525,000

2,460,000
1,294,000
885,000
200,000

7
3
7
6
7

■

of old company
Default was made

brought suit to annul the sale. °
on Carondelet Branch
bonds, Oct.
1, 1877, and compromise bonds at 50
per cent were
offered Jan., 1878. (V.
25, p. 235; V. 26, p 41;
V. 27, p. 68.)
Missouri River, Fort Scott & Gulf.—Interest
parsed
Oct., 1873, and subsequently.
Coupons overdue
Jan.

1, 1878, $2,127,550. Receiver appointed
Gross receipts in 1877, from road and April,
landJ,
$1,004,54'; net, S-63.894. (V. 24, p. 493, 565;
V.
25, p. 308; V. 26, p. 312, 391.)
1878.

Mobile

&

Girard— The

Central

Railroad

Georgia endorses‘ these bonds, and holds
cent

mortgage bonds for advances made.
p. 549; V. 24, p. 542.)

of
the 4 per

(V. 23,

Mobile & Montnomery.—Sold in
foreclosure, No¬
vember. 1874, and stock issued to old
bondholders.
Old mortgage debt vet
out. $275,000. Gross
eam’gs,

1877, $66r>,037; net, $224,560.
V. 26, p. 418.)
Mobile &

(V. 24, p.

Ohio.— Foreclosure

sale

180, 495;

noticed

for

August 19, 1878, under first
Plan of
adjustment (see V. 23, p. 451). morlgage.
Gross earnings year
ending Aug. 1, 1877. $2,083,278; net, $189,485. (V
26, p. 166, 256, 344,
496, 653.)

mortgage of 1877, consisting of series “A,”
Montclair & Greenwood Lake—
preferred, ana series “B,” 2d. The debt to State
Re-organization of
of Tenn. is
old Montclair road sold in
paid. (V. 23, p. 621; V. 25, p. 154,
foreclosure. Receiver
617;
V. 26, p. 39.)
appointed, October, 1877.
Disagreement as to
Missouri, Kansas & Texas— Latest report, V. 26. reorganization. (V. 26, p. 67, 60c*, 625, 653; V. 27, p.
16, < 8,95, 172, 192.)
p. 365. Gross earnings 1877,
$3,197,321; net, $1,0-18,664, against $1,371,883 in 1876, and $1,360,103
Montgomery & Eufaula.—Was to have been sold
in 1875. in foreclosure
Net income m 1877 over
Nov. 12. 1877, but postponed
taxes $952,211. Annual
by an
appeal. (V. 25. p. 17; V. 26, p. 5* 7.)
interest charge now (under

adjustment) is $776,398,

Sold. 4The
bondsand
and5 Uin P.1879-8*.
S. Br.
per M.K.&
cent inT. 1878
raw

grant is about 4,565.142 acres.
470, 523, 548, 625, 653.)
Missouri Pacific.—Gross

Land

(V. 26, p. 365, 392,

earnings in

1877, 4 3,934.442; operating expenses, $2,324,355; net
Reorganized after the sale of the road $1,660,066.
under 3d
mortgage, Sept. 6,1876, for $3,000,000. Stockholders




Monticello & Port Jervis.—Defaulted in
1873. Sold
(V. 20. p. 358, 383; V. 21, p. 39, 592.)
Morris <fe Essex.—Leased in
perpetuity to the
Delaware, Lackawanna & Western.
The lessees
assum * all liabilities and
pay 7 per cent on etock.
Report for 1876, V. 24, p. 3S40; for
1S77, V. 26, p.
191.

bonds July 7, 1875.

Nash., Chatt.

$1,671,808;

& St. L.—Gross
earnings of 1877-8,
expenses, $1,070,270; net earnings, $801.-

A
A

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

do

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

April 1, 1902

do

July 1, 1902
....

A
A
A
A
A

N.

Aug., 1888
July, 1891
May 1, 1892
Feb., 1885

Y., Drexel, M. A Co.

July 31, 1878

New York.
York and London.
Mobile.
London.
York and London.
Mobile.
do
York or London.
York, Co.’s Office.
do
do

Dec. 1, *1883
Nov. 1,1883
1876 and ’831883
1901

A N. New
A N.
A N.

A J. New
Ci N.

March
J. A J. New
F. A A. New
M. A S.
M. A S. N. Y., G.

J. A D.

Q-J.
A
A
A
A
A
A
A

J.
N.
A.
J.
A.
O.
D.

do

1877-1882
Jan. 1,1904

Opdyke A Co. March 1,1886

do
N. Y., Union Trust Co.
N. Y., Del., Lack A W.
do
do
do
do
do
do
do
do
do
do
do
do

June 1,1900
1890

July 2, 1878
1914
1891
1900
1889

Oet., 1901
June 1,1915

....

A. A O. New York A
Nashville.
N. Y., V. K. Stevenson.
J. A J.
J. A J. N. Y., V. K.
Stevenson
J. A J.
New York.

....

April 1, 1878

....

1881 and ’91
•

July 1,1913

»

1

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

.

•

D.
J. N.

Y., Drexel, M. A Co
O. Nashville,
Co.’s Office.
N.
Boston A Nashua.
A
Boston.
J.
Bridgeport, Conn.
O.
Boston.
S
Co.’s office
Philadelphia,
N N. Y., Union Trust
Co.

Q.-J.
Newcastle, Penn.
Various N. Haven, E.S. Scrantor
New Haven.
•

•

•

•

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

538.

do
do
do

The

tion to the

following

Interest

on

Interest
Taxes

on

Jan.

do

.

A
A
A
A
A
A
A
A
A

19,19^.1

May, 1890

do
do
do
do
St. LouiR.

Q-M.

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

1904-1906

April

N. N. Y.,
Company’s Office.
O.
New York.
Oct. 1, 1893
J.
Boston, Co.’s office.
Jan. 1,1899
O.
do
do
April 15,1890
J. N. Y., Nat.
City Bank.
Jan., 1889

....

si.
M.
M.
J.
M.

Jan., 1899
June, 1903

Y., Company’8 Office.

mont’ly

M.
A.
J.
A.
J.

8

330,000
500,000

Dividend.

A J. N. Y., Union Trust Co.
A D.
do
do
Various
do
do
A. A O.
do
do
M. A N.
do
do

4
2 *2g.

1,800,900
1,040,000

Stocks—Last

Whom.

J.
J.

g.

6 g.
7
8
7
7
6 g10

7
8
8
7
7
7
8
8
7

Payable, and by

Bonds—Princi¬
pal, when due.

....

10

700,000

1,000
50
250
500 Ac.

6
7
7
6
7

(?)

100 Ac.
100 Ac.

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

.

.

J. N. Y., Union Trust
Co.
July 1,1886
S.
do
do
July 1,1879
J.
do
do
July, 1878
N.
do
do
N. New York and Boston. May 1,1902-3
1902
J. N. Y., Union
Trust Co.
July 1,1885
N.
do
do
May 1,1890
S.
do
do
Sept. 1,1891
D. N.Y., Merck. Exc. N.Bk.
Dec., 1901
D. N. Y., S. S. Sands A Co.
June 1,1895
J. Philadelphia, P.AR.Co.
July, 1878 •
J. N.Y., Continental N.Bk.
Jan. 1, 1907
D.
do
do
Feb. 1, 1927
N.
do
do
Jan. 1, 1907
O. N. Y., Imp. A
Trad. Bk.

A

....

800,000
700,000
4,500,000
250,000
5,000,000
1,947,000
300,000
1,000,000
2,794,800
5,320,600
977,550
5,643,000
1,517,300
769,920
1,668,000
53,000
1,451,207

1,000

1867

M. A

8
8

7,000,0001
2,600,000

1,000

£225
100 Ac.
£100Ac

T.

8
8
8
8
8
8
7

800,000

500 Ac.

A

2%

3*2

6,025,500
800,000

1,000
1,000
1,000

J.

M. A

7 g.
7 g.
7 g-

280,000
1,000,000
1,100,000
21,405,000
2,433,000
349,000
14,752,000

100 Ac.

44
15
13
100
92

Newcastle

Milwaukee, Lake

500 Ac.

100
100

16^

Neivark, Somerset

3.969,600
455,000
1,100,000

1868
1,000
1870
1,000
1871-3
1,000
1876
500 Ac.
1870
1,000
100
1868
1,000
1871
1,000
1872
500 Ac.

57
133

guar

Nesquehoning Valley—Stock

closure for

50

1,000

1873

Naugatuck—Stock

Nebraska—Consol. mort.,

1,000

100

70

680,000
2,001,000
2,134,000
750,000

-

50 Ac.

m

1873
1853

mortgage, sterling
Special mortgage (Mississippi,
Gainesville & Tex.)
2d
mortgage
Consolidated mortgage, gold (for

Montclair

m

8
8

500,000
491,200
424,000
1,906,000
1,277,000

1,000

1877
1877
1877
1877
1877

Interest bonds
Interest bonds,
sterling
Tennessee subs., 1st

•

$1,000,000

1,000
1,000

1875

140
27

mortg., Minneapolis

Mississippi

1872
1872
1865
1870
1871
1870

Rate per When Where
Cent.
Payable

Outstanding

100
118

INTEREST OR DIVIDENDS.

Amount

$1,000
1,000

.,

—

2d

1866
1869

84

84

Detroit & Bajr City 1st
mortgage, endorsed
do
do
mortgage (not guar M.C.)
Jackson, Lansing A Saginaw 1st mort
do
1st mort. (N. of Win.), conv. ^V coup.
may
do Cons. m. on whole line
(300m.) J ber’g
Milwaukee d Northern—1st
mortgage
Milwaukee, Lake Shore d Western—1st
m., gold.
Mine Hill d Schuylkill
Haven—stock
Minneapolis d St. L.—1st M., Min. tb Sioux C. June.
1st mortgage, Sioux
City June, to Iowa line
1st

1st mortgage,

[Vol. XXVII,

great favor by giving Immediate notice of
auy error discovered in tliese
Tables.

Miles Date J Size, or
For explanation of column
headings, Ac., see notes
of
of
Par
at the head of first
page of tables.
Road. Bonds Value.

do

BONDS

payments

operating Expenses

1.-J.917
1917

June, 1878
Julv 1,1900

Oct., 1887
May 1, 1878
Aug. 1, 1893

July 15,1878
Oct. 1, 1896
Mcli. 1, 1878

/

Nov. 1,

1889

July, 1878
1898 to 1900

Oct., 1874
Jan., 1899
April ’80 A ’82
April 1, 1891

were

made in addi¬

:

bonded debt for the year

floating debt and exchange

$452,400
14.887

23,534
Two dividends of
1}£ per cent, each
131,505
Cost of steel over iron r »ils
32,297
Cost of extra ties used in
laying 32 miles
steel rail, 600 to mile extia
5,1C0
Cost of new bridges built
30,611
25 xashv. & N. W.
bonds,
due
July, 1818... 25,000
Minor items

25,412

Total..
Cumberland &

$740,746

O. road is
leased, with a guar¬
The debt to U. S. and bonds en¬
dorsed by Tenn. are secured
by denosit of 1st mort.
bonds. (V. 24, p. 321; V.
25, p. 357, 476, 483; V.
2d, p. £23; V. 27. p. 146.)
Nashville & Decatur. - Leased
May 4,1871, to Lou¬
isville & Nashv. Co. for
thirty years, lease guarantee¬
ing interest on bonds, aud 6 per ct. yearly on stock.
Nashua & Lowell.— Net receipts in
1877-3, $96 759.
Notes out are $225,000.
(V.24,p.564; V.26.p
Naugatuck.— Net earnings 1876-7, $227,927.634.)
(V.
23, p.'633: V. 25, p. 6160
Nebraska.—Formerly Mid and Pacific. The old
bonds were to be
exchanged for these guar, by the
Bur. & Mo. in Neb.,
to which the Nebraska road is
leased. See V. 25, p. 335, 641.
Nesquehoning Valley—Leased to the Lehigh Coal
& Navigation Co. at a
rental of 10 per cent
dividend (in the capital yearly
stock.
Newark Somerset <& Straitsv.—Le&Bed to
Sandusky
Mansfield & Newark. Guaranteed
by Balt. & Ohio.
New Castle dk Beaver
V^Uey.—Leased to Pitts¬
antee of bone. 8.

burgh, Fort Wayne & Chicago, and lease
to Penn.
Company.

transferred

New Haven & Derby—Net
earnings 1876-7, $46,475.
New Haven city guarantees the
$225,000 2d m. bonds.
New Haven &
Northampton.—Gross

earnings,
1876-7, $564,366; operating.expenses,
$333,122;
net
earnings, $231,244. (V. 26, p. 17.)

August

RAILROAD

31, 1878.J

Subscribers will confer

a

STOCKS

AND

BONDS.

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

DESCRIPTION.
Miles Date Size, or
For explanation of column headings, &c., see notes
of
of
Par
at the head of first page or tables.
Road. Bonds. Value.
N. J. Midland—1st mort., g’ld, guar,
by N.Y.& O
2d mortgage, currency
New Jet'seu dk New York— 1st mort. (for
$1,500,000)
N. J. Southern—1st mortgage
London
New
Northern—Stock

80
80
37
78
100
100
100
140
206
224
185
185

1st mortgage bonds
2d mortgage
N. O. dk Mobile.—1st mortgage
New Orleans, St. L. dk Chic.—1st M.
(N. O. J.& G. N.)
2d mortgage, (N. O. J. & G. N.)
1st mortgage, (Mississippi
Central)
2d mortgage,
do

11887547-346-5.

1870
1871
1873
1869

1865
1872
1871
1856
1860
1854
1865
1878
1874

....

....

1853
1854
1853

....

o

....

....

.

.

.

.

River)

coupon or regis£2,000,000 5
tered.

j

N. Y. City Elevated.—Stock
1st mortgage (for $12,000,000) $ or £
New York dk Harlem—Common stock
Preferred stock
Consol, mort., coup, or reg. (for
$12,000,000)

Sinking fund

1st mortgage, new
2d mortgage, new

.-

North Pennsylvania—Stock
1st mortgage
2d mortgage
General mortgage bonds

Consol, mortgage, gold, s. fund, coup.,
$ or £
2d general mort., “A,” coupon
do

“

B,” coupon, convertible

Northern, N. IT.—Stock
Northern of New Jersey—Stock

(V. 25,

p.

114, 237, 303; V: 26,

p.

142,

p. 136,

158, 249, 299, 321; V. 25, p. 255.)
Nw Jersey SouWTn.—Foreclosure pending. There
were also $.20,OJO bonds on Tom* Riv r
Ur., and
$1,0)0,003 2d mort., and $5,300,001 conso'. mort. Net
earnings, 1875, $103,276. (V. 25, p.511, 592.)

New London Northern.—Operated under lease till
1891 by Vermont Central for $150,009 a year; in¬
come of Co., in l»76-7,
$212,334. Net earnings of
road, $187,312. (V. 23, p. nOt.)
New Orleans, Mobile & Texas.— The Western Dision was so id Nov. t$, 1874, and the East. Div. is
operated by the mort. trustees. Int. in default since
1872. Gross earnings. 1»77, $730,Olu; net
$390,6

>5;

and less

extraordinary expenses, $158,110. (V. 23.
p. 379; Y. 24, p. 370; Y. 26, p. 34 I, 39J, 575.)
N. O. St. L. & Chic.—Operated as a connecting line
with Illinois Cent. Receiver appointed Mar., '76, and
Jackson road was sold Mar. 17. 1877, for
$;,050,000, in
foreclosure of consol, mort. by Ill. Cent. RK. Mis*.
Central
was
sold
under
consolidated
mort¬
gage August 23, 1»77. (V. 25, p. 212, 308, 432, 458,
530
N. Y. City dk
N. Y. & Boston.

Northern.—A re-orga:.ization of
(V. 27, p. 172.)

New Yot'k & Canada.—The bonds

are

guaranteed

by the Delaware & Hudson Canal Co. Road opened
through Oct., 1875. (V. 24, p 180; V. 25, p. 615.)

New York Central & Hudson Liver —The mort¬
gage loan for $40,000,000 was to retire prior debt,
una the balance for third and fourth
track, &c.
The Harlem RR. was leasedApril,

ngtis

a

18^. The followcomparison of earnings, &c., for five years:




1,000

100

.

.

.

1872
1861
1872

60
959
....

....

....

....

....

....

139
86
139
141

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

1847
1849
1853
1857

1,000
1,000
1,000

1858

500 &e.
100 &c.

1861
1863
1865
1870
1874
1873

459
459

1,000

1,000
£200

1,000
1,000
1,000

1864
1876

1,000
100

....

1214

1873
1869

334
62
62

.

.

.

.

100 &c.
100

1863
’5 8-’60
1869

62

223

1,000
1,000
1,000
100
100
500
50
50
500
500
50

....

223
223
102
102
102
102
58
56

317
138
138
138
138
138
138
138
138

50
50

....

.

....

’67-’68

1869
1869
....

....

....

500 &c.
500 &c.

....

c

.

.

.

50

....

....

....

1855
1865
1868
1868

500 &c.
500 &c.

’74-’75

1,000

1876
1876

1,000
1,000

1,000
1,000

100

....

1878

Too

550

New Jersey & New York.—Consolidation of the
Hackensack & N. Y. and Hackensack Extension.
The old bonds are about $100,000.
Hackensack
branch noticed for sale May 29, 1878. (V. 24,

*

1876

21
21

New Jersey Midland.— Defaulted after the
panic of
1873 and funded coupons. The bondholders funded
coupons, but default was again made and receiver

appointed.
29J.)

....

1,000
1,000

82*2

1st mortgage, new. T
Northern Pacific—New preferred stock

1,000
1,000
1,000

....

56

Consolidated mortgage, gold,
coupon
do
do
do
registered

500 &c
100 &c.
500 &c.
£100<fcc
100
500 &c.
500 &c.

1873
1873

....

Northern Central—Stock
1st mortgage, State (Maryland) loan
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupon

1,000
1,000
1,000

....

132

Extension
General mortgage ($1,000,000 authorized)
North Carolina—Stock, common
Preferred stock
Mortgage bonds
Northeastern (S. C.)—Stock, common
Pref. stock (8 per cent)
exchangeable for 2d mort.

100
100 &c.
500 &c.

840
840

....

Long Dock Co. mortgage
Sterling bonds, convertible, £1,000,000
1st consolidated mortgage, gold (for
$30,000,000)
2d consolidated mortgage, 5-20, (for
$40,000,000)
New bonds (debentures) convertible till 1883
N. Y. dk New England (Host., Hartf. & Erie)—Stock.
1st mortgages, old
1st mortgage, new
New York, New Haven, dk Hartford—Stock
Harlem & Portchester, 1st mortgage guaranteed.
N. Y. dk Oswego Midland—1st
mortgage, gold
N. Y., Prov. dk Boston— (Stonington)—Stock
1st mortgage
i

1,000
1,000

....

3.32

N. Y. Housatonic dk Northern—1st
mortgage
N. Y. Lake Erie dk West. (
Erie)—Stock, common
Preferred stock (7 p. c. y’rly, not
cumulative)
1st mortgage (extended in 1867 to 1897)
2d mortgage, convertible (extended to
1879)
3d mortgage
4th mortgage, convertible
5th mortgage, convertible
**..
Buffalo Branch Bonds

100 &c.

1854

....

£ $30,000,000 \

$100&c.

....

N. Y. City dk Norther>i—1 st
mortgage
N. Y. dk Canada—1st M., sterling,
guar. D.& H. Can.
112
New York Central dk Hudson River—Stock
1,000
Premium bonds
(N. Y. Central)
Bonds, B. & N. F. stockholders
do
Bonds railroad stock
do
Bonds real estate
do
Renewal bonds
2d mortgage, sinking fund (Hudson
New
jxew mortgage
mortffase

XXV

INTEREST OR DIVIDENDS.

Amount

Outstanding

Rate per
Cent.

$3,000,000
"

7 g.
7
7 g7

1,500,000
916,000

2,120,000
1,500,000
300,000
387,500

4,000,000
2,941,000
1,500,000
898,500
1,997,000
1,800,000

4,000,000
89,428,300
6,632,900
74,500
592,000
162,000
2,391,000
1,794,000
18,465,000
9,733,333
5,000,000
7,000,000
7,500,000
1,550,000
10,500,000
107,704
1,500,000
78,000,000
8,536,910
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,600
3,000,000
4,457,714
12,076,000

14,400,000
10,000,000
5,685,000
928,000
376,000
15,500,000
2,000,000
8,000,000
3,000,000
76,000
250,000
837,000
3,000,000
1,000,000
210,000
899,350
88,000
820,000
234,000
3,978,150
1,930,500
1,500,000
2,035,000
5,842,000
1,500,000
1,490,000
1,126,000
2,599,000
205,000
4,518,000
3,000,000
1,000,000
3,068,400
1,000,000
?

7

or

4
4
7
7

3*2
7
7
7
7
7
7
7
6
7
7
7

g.
g.
g.
g.

7
7
5
7 g.

2*a

N. Y., Co.’s Office.
A.
do
do
S. New York and London.
N.
In default.

Q.-J.

1895
1881
March 1,1893
Nov. 1, 1889

New London, Office.
April 1, 1878
O. N. Y., B’k of N. America
Sept., 1885
D.
do
do
July, 1892
J. New York, Co.’s Office. Jan.
1, 1915
J. New York, Co.’s Office.
July 1,1886
O.
do
do
Oct. 1,1890
N.
do
do
Nov. ’74, ’79 ’84
A.
do
do
Nov. 1, 1886
N.
New York.
May, 1908

&
&
&
&

&
&
&
&
& N.

London, Baring Bros.
May 1,1904
Q.-J. N.Y., Gr. Central Depot. July 15,1878
M. & N.
do
do
May 1,1883
M. & N.
do
do
May 1,1883
M. & N.
do
do
May 1,1883
M. & N.
do
do
May 1,1883
J. & D.
do
do
Dec. 15, 1887
J. & D.
do
do
June, 1885
J. & J.
do
do
Jan. 1, 1903
J. & J.
London.
Jan. 1, 1903
&
&
&
&
&
&

J.
J.
J.

New York.

Jan.

1, 1906

N.Y., Gr. Central Depot. July 1, 1878
do
do
July 1, 1878
do
do
May, 1900
do

N.
J.

do

Jan.

O.
N.

Y., Co.’s office.

1, 1881

Oct., 1902

Oot.
Oct.

1, 1873
1, 1873
May 1, 1897
S.
do
Sept. 1, 1879
S.
do
Mar. 1, 1883
O.
do
Oct. 1, 1880
J.
D.
do
June 1, 1888
J.
J.
do
July 1, 1891
J.
D.
do
Jan., 1893
M.
8.
London.
Sept. 1, 1875
M.
S. New York and London.
Sept. 1, 1920
J.
D.
London.
Mar. 2, 1894
do
Q.-J.
Jan. 1, 1903
J.
M.
M.
M.
A.

&
&
&
&
&
&
&
&
&
&
&

J.

M. & S.
J.
J.

J. <fc
J. &
.

J.

do
do

N.

Boston.

&
&
&
&
&
&

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

4
8
8
2 s.
6
7
7
3
6
6
6
6 g.
6 g.
6 g5
6
2-30
2
6

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

&
&
&
&
&
&
&
<fc

N.
S.
8.
A.

Jan., 1905
N.Y., Grand Cen. Depot. July 1, 1878

J. &

1903

In default.

N.

^

do
do

1878 & 1881

Company Shops, N. C.
do
do

de
do

Charleston.
do

Philadelphia Office.

J.

do
do
do

do
do
do

J. J.

41,910,976

Annapolis.

Bk.

Boston, Office.

City, Hudson Co.

May, 1875
Sept. 1, 1899
Sept. 1, 1899
Aug. 26, 1878

Jan.

do
do
do
J.
London & Baltimore.
J. Baltimore, 1st Nat. Bk.
J.
do
do

I).

Mar. 15, 1878
Mar. 15, 1878

1. 1885

May 1, 1896

Baltimore & Philadel.

Baltimore, 1st Nat.

July 1, 1899
Nov., 1888

%

N.
J.
N.

J.
0.
J.
O.

July 1, 1894
Y., M. Morgan’s Sons. Aug. 10, 1878
do
do
Aug. 1, 1878
do
do

Q.-J.
&
&
&
&
&
&
&
&

1884

do

J.

Q.-J.

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

do
do
do
do
do
do
do
do

.

&

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

1903

April 1, 1876
Irredeemable.
July, 1885
April, 1900
July, 1900
July, 1900
July 1, 1904
Jan. 1, 1926
Jan. 1, Ij926
June 1, 1878
1876

B’k.

(?)

*

Gross

Net

Funded Cost of r’d

N. Y. City Elevated —Securities admitted to N.
Y. Stock Board fan,, 1877. Bonds are
p jyable after
1397 at 1()5. A flrrt mort gage of 1872 was cancelled.
(V. 24, p. 41; V. 26, p 653.)
New York tfe Harlem.—Leased to N. Y. Central
at 8 percent per annum
(payable J. & J.) on stock,
and interest on bonds. The’Fourth avenue horse
railroad and real estate was retained, and an extra
dividend made in April is fro n
profits of this line.
New York, Housalonic & Northern.—Foreclosure
pending. (V. 21, p. 349; Y. 23, p. 549.)
A. Y. Lake Erie & West
{Erie).—Foreclosure
of the Erie Railway took
place Aprl 24,' 1878,
under the second consolidated
mortgage, and
the road was purchased
by E. D Morgan, J.
L.owber Welsh and David A. Wells for
$6, 00.000,
on behalf of the Lon:lon
committee, and re-or¬

“New York Lake E ie & Western.”
following comparison is for the years ending
Sept. 30. The net result in 1876-7 was a nominal
deficit of $1,301,084, after
charging off full interest
as

the debt,

and rentals, &c.; a simiiar deficit of
$1,229,6i01u 1815 6, and $!,651,166in lb74-5:
Gross

Net

Earnings.

Income.

Interest,

Rentals, <fcc.
$14,708,1^89
$4,636,717
$5,937,801
15,852,461
4.308,563
5,538,194
16,876,858
4,698,615
6,351.781
(V. 26, p. 95, 1:7. 192, 265, 290, 315. 342, 367. 3)1, 419,
414, 46 *, 4)5, 575, 600, 625; V. 27, p. 40, 173, 200.)
N. Y. & N. England.Formerly Bost. iiartf. & E.
Conveyed to the new company in July. 1375. Net
income, 1376-7, $23G,652. (Y.25, p. 590; Y. 26, p.
67, 445 )
- • •
New York, New Haven & Hartford. Net income I
1876-7

Bonds—Princi¬
pal, when Due.
Payable, and by Stocks—Last
Whom.
Dividend.

A.

6
6
7
3
3
8

.

on

&
&
&
&

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

6 & 7

.

The

F.
F.
M.
M.

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

Is-

Where

Payable

1H
6
7
8 or 7 g.
8
8
7
8
7
6 g2
6
6
6
6
6
7
7
6 g-

Receipts. Receipts.
Debt.
& equip’t.
1876-7. $26,57 *,085 $11,63',924 $40,335,415 $99,142,408
1875 6
28,043,588 11,922,417 40,491,263 97,822,311
X9,027,218 11.765,111 40,003,667 96,355.774
31,690,186 13,262,089 33,484,742 92,506,503
1872-3
29,126,851 11.484.863 27,725,533 78.014,954
(V. 22, p. 41, 591; V. 23, p. 329, 598; V. 24,
p. 542;
Y. 25, p. 640; V. 26. p 315, 575.)

ganized

When

lS76-~ above interest charges,
$1,601,683. (Y. 24, p.
p. 640; V. 26, p. 290.)
New Ycn'k & Oswego
Midland.—Foreclosure sale
postponed indefinitely. Receivers’ certificates have
been
issued to a large
amount.
There
are
filso $4,(XX),000 2d
mortgjge bonds, $3,800 000 3d
mortgage equipment, and $1,V0.1,000 consolidated

63; Y. 25,

mortgage.

(V. 24, p. 4il, 542; Y. 25, p. 61 .*; V.
26,

New York, Providence &
Boston.—Annual report
for fiscal year ending Sept. 1,
1877, showed net earn¬

ings $3-8,91)7, leaving
to new account,

a

balance of $83,651 carried

against $1)3,536 brought forward
(V. v3, p. 621; V. 25, p; 591.)
North Carolina.—Leased
September, 1871, to Rich¬
mond & Danville Railroad at
$263,000 per annum.
In March, 1875, the gauge was
changed. Dividends
of 6 p. c. are paid on
stock, of which the State of No.
Car. holds $3,000,003. (V. 21, p. 39
*; Y. 24, p. 565.)
Northeastern, S. C.—Gross earnings in 1876-7,
$320.071; net, $128,032. (Reports V. 24, p. 88, and
Y. «5. p. 617.)
North Pennsylvania—Gross
receipts in year 1876-7,
*1,483.7 5; net, $562,046. (V. 22,
p. 134; Y. 24,
p. 62.)
in 1876.

Northern Central.—The annual
report for 181T
shows gross earn’gs, $4,#70,387;
expenses.
net, $l,324,4'>2. The total net income in$2,45,924;
1877 was

$1,515,047; $1,513,342 was paid for interest and
rentals, leaving a balance of $61,7< 5. Und< r the
general mortgage of 1S7\ $1,000,0-*0 more may be
issued, as series “ C.” (V. 22, p. 257; V. 24, p. 223,
421, 4>v*; V. 26, p. 314.)
Northern N. Hampshire.— Net income fiscal
year
1877-8 was $117,13). (V. 24, p 54 *; V. 26.
p. 5 6.)
Northern of N. Jersey.— Operated
by Erie under
lease. Gross earnings in 1877 were
$233,438. (V.
26.
p

600.)

Northern Pacific.— Sold Aug. 12, 1875, for
and pref. stock issued to bondholders at $100,000,
the rate
of $1,400 for each $1,000 bond.
This stock is ex¬
changeable for land at its par value, i ommon stock
issued is $13o-55.500. (v. 25,
p. 307, 476, 619; Y. *6.
p, 18, 445, 549; V. 27, p. 173,

2:0.)

BAILKOAD

XXV!

Subscriber* will confer

a

STOCKS

giving

great favor by

AND

BONDS.

immediate notice of any error discovered in these Tables.

DESCRIPTION.

Miles

Date

66
122
122

or
Par

Ogdensburg d Lake Champlain—Stock
Preferred stock

_

Equipment bonds
Sinking fund bonds

-

Mortgage bonds for $600,000 (sinking fund)

228
269

Old Colony—Stock
Bonds

....

...

Panama—Stock

General mortgage, sterling, (£1,000,000)
Paris d Danville— 1st mortgage, gold,sinkiug fund
Paris d Decatur, (Ills.)—1st mort., g’d, sink, f’d

Pekin, Lincoln d Decatur—1st mortgage
Pennsylvania—Stock
1st mortgage
Gen. M., Ph. to Pitts., coup., J. & J.; reg., A. & O.
State lien (pay’ble in annual inst’lm’ts of $460,000)
Consol. M., coup. J. & D., & reg. Q.—M. <s. f. 1 p. c.)
Navy Yard bonds, reg
Car Trust bonds (sinking fund 10 per cent)
Pennsylvania Co.—Common stock

40
9
200

35
35
....

186
186
47
47
103
75
67
1669
355

Preferred stock
1st mortgage, s.

....

Pennsylvania d New York—1st mort., guar
1st mortgage, guaranteed

Valley—Stock

Peoria, Pekin d Jackson ville— 1st mortgage

2d mortgage
Perkiomen—1st mortgage..
Consol, mort., gold, guar. P.

....

....

....

....

....

....

39
39
105
105
46
83

83
38
33
82
82
82
36
36
10

& R., (sink, fund)

Petersburg—Stock
1st mort. bonds (payable

$25,000 yearly)

mortgage

j..

Philadelphia d Balt. Central—1st mort. (Pa)....
2d mortgage (Pa.)
1st mortgage (Md.)
Philadelphia d Erie—Stock, common

287

Preferred stock
1st mort., Sunbury& E. (extended 20 years in ’77).
1st mortgage ($3,000,000 are sterling)
2d mortgage
2d mort., gold (for $20,000,000), guar by Pa. R...

Philadelphia d Reading—Stock,

100
100

1869
1870
1877
©

®

®

.

.

^

1,000
1,000

ioo

®

100

1862
1868
1868
1871
1873
1874

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

.

.

.

.

40
287
287
287

sterling.

(Extended in 1877.)...

....

779

Norwich & Worcester— Leased February, 1S69, to
Boston, Hartford & Erie for ICO years at lo per cent
per annum on cost. Dividends paid of 10 per cent
perannum. Gross receipts in 1876-7, *717,012; net
$264,795. (V. 21, p. 590; V. 23, p. 548.)
Ogdensburg & Lake Champlain.—Leased in March,
1870, to Vermont Central, but lease failed and prop¬
erty reverted to owners April, 1877. Gross earn¬
$598,252; net tamings, $258,176. (V. 25,
ings,
p. 39, 237, 433; V. 27, p. 1 4, 20J.)
Ohio& Mississippi.— There are also $97,000 of old
1st mortgage 7s, W. Div., yet out. The company
purchased the Springfield Road, March, 1875, for
$2,000,000 in bonds secured on that road. Nov. 17,
1876, receivers were appointed, and afterwards Mr.
King was made sole receiver. Receiver’s last re¬
port in V. 2t>, p. 214. Interest or. 1st mortgage
is paid about six months after it e rnes due.
(V.
26, p. 135, l*i, 214, 265, 3t8, 332, 496, 523, i25; V.
27, p. 42, 143, 173.)
Old Colony.—Net income over operating ex¬
penses and interest, $407,435 in l87ii-7, against
$406,835in 1875-6. (V.23,p. 86, 5oO;V.25, p. 48*.)
Omaha & Northwest.—Some bonds and coupons

exchanged for lands. Road to be sold in foreclosure
Sept. 3. (V. ?2, p. 79; V. 23, p 175; V. 27, p 42.)
Oregon db California—After default in 1873, propo¬
sition offered by Ben. Holluday, Prest. Gross earn¬
ings 1876, $576,791; net, $2^0,090. In 1876 2 per
ent was paid on bopds, (V. 24, p. 421; V. 26,
p. 3 )8.)
Oswego cfe Rome—Operated by the Rome, Watertown & Ogdensburg at 8 per cent on $30 >,000 stock,
and interest

on first mortgage bonds.
Oswego & Syracuse,—h?aped to Del. Lack. & West,

bonds and 9 per cent on stock.
Paducah & ElizabeWown.—This road organ'zed
after sale of Louisvi le Paducah & 8. W.; has bonds
outstanding as above. Net earnings 1877-8, $58,067.
for interest

on

(V. 26, p. 573.)
Panama.— Last statement, V. §6, p. 341.
p. 217, 341 625, fcM.)




779
779
779
779
779

do

■

(V, 261

3,864,000
140,000
1,915,000
6,733,800
390,000
150,000

100

500 &c.
.

1,000

1,692,000
500,000
1,100,000

....

.

.

•

.

1,450,000

1,00*0

(?)

546,000

.

1870

10,950,000

1865

1,000
1,000

1866

1,000
1,000
1,000

1877

1877
.

350,000
200,000
1,320,400
124,000
338,000
216,000

50
500 <fce.

....

58A64
1876

1867
1873
1872
1871

1,000
500

1,000
50

1,000

....

1870

1,000

....

1873
1875
1877

-

1,0*00
....

50
50

....

....

1877
1877
1873
1873
1866
1866
.

.

1,000
1,000
....

1,00*0
1,000
100

•

1864
1870
1867
1873

500 &c.

1,000
100

621,000

1,000

1,200,000
1,324,200
500,000
300,000

100

....

.

....

1859
1869
1866
....

....

1857
1861

1863
1869

10*0*

AC.

800.000

100 &c.
100 &c.
50
50

400,000
300,000

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

184*3-9

1,000

1857
1836
1843
1867
1868
1868

1,000
£100
£500

Rate per
Cent.

5
6
2
4
8
8
6

3HJ
7
7
6 g.
7
7
6
3
7
6
7
6
6
6
7-30 g.
6
7 g.
7
7

4^2
7
7
8
7
3
7 g7
7 g7

1,200,000
7,000,000
3,905,000
2,500,000
1,200,000
1,076,000
68,870,200
4,970,000
19,999,760
4,572.110
29,250,000
1,000,000
3,000,000
3,000,000
8,000,000
7,000,000
1,500,000
1,083,000
519,000
1,500,000
1,500,000
1,200,000
1,000,000
1,000,000

100
£200

.

Preferred stock

do
do
Loan mortgage,
Loan debenture
Loan mortgage

6,545,850
112,000

£200

common

Mortgage loans inconvertible
\.oan mortgage, convertible
do
do
sterling

400,000
3,077,000
2,000,000
154,000
392,000
446,000
20,000,000
4,030,000
174,000

•

....

....

f., (held by Pennsylvania RR.)...
Reg. bds (for $3,200,000) sec. by P.F.W.&C.sp.st’k
Pennsylvania d Delaware—1st mortgage
2d mortgage

$2,604,400

.

....

28*2
....

-

1860
1874
1875
1876
1877
1871

....

Laud gr

-

Outstauding

$100
....

1871

....

—

.

Amount

1,000

....

....

gold bds (for $640,000)
(h'ange d Newark—1st mortgage
Oregon d California—1st mortgage
Os Jcego d Rome—1st mortgage guaranteed
Income mortgage bonds
Oswego d Syracuse—Stock, 9 per cent guar...
Mortgage bonds
Consol, mortgage (guar. D. L. & W.)
Paducah d Elisabethtown— 1st mortgage
2d mortgage, income

2d

•

....

Spring. Div. (Sp.&Ill. SE.) IstM. (for $3,000,000).

Peoria d Bureau

-

118
393
393
148
393
393
393

Chio d Mississippi—Stock, common
Preferred stock (7 p. c. yearly, cumulative)
Income and funded debt bonds
1st consolidated mort. ($3,478,000 are s. f.)
Consolidated mortgage, sterling
2d consolidated sinking fund mortgage
Debenture sinking fund bonds (for $1,000,000)...

Bonds
Bonds
Bonds
Bonds...
Bonds
Omaha d Northw

-

....

Value.

1877

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

1,000

1*2
6
6

1,000

Paris & Danville.—Of these

6
6

3
6
6
7
7
7
7
4
7
7
6
6 g.
3
8
8
7
7
6

7
6 & 6 g.
7
6 g.

2*2
3*2
6
6
5 g6
7
6
7

bonds, $450,000

were

Pekin
Lincoln & Decatur.—Leased to Toledo,
Wabash 3h Western. Sold in foreclosure June 10,
1876, and reorganized. In 1876-7 net earnings were
p.

100

;

V. 26,

p.

Pennsylvania.—The report for 1877 is given in V. 26,
p. 238, and shows surplus net income of #1,020.308 after paying all possible charges and 31/2 per
cent dividends. In 1874, by the report of the
Investigating Committee, the liability as a guarantor
of principal and interest was on $33,933,600 bonds;
annual liability additional, _m guarantees of interest
or rentals, $13,862,319, and
probably there has been
no great change since.
A scheme to buy up the
company’s guaranteed securities with $100,000 per
month from earnings, and issue a 4 per cent scrip to
stockholders for th<; cash so used, was adopted by
stockholders on March 26, 1878.
statement for two years on all

burgh:

The following is a
lines east of Pitts¬

Gross

1877
1876

Earnings.'

Net

Earnings.
$10,184,417
12,834,385

$31,117,146
36,691,060
(V. 26, p. 18, 95, 166, 217, 238, 265, 277, 315, 420,
519; V. 27, p. 42, 97, 200.)
..

.

Pennsylvania Company.—The Pennsylvania Com¬

pany is a corporation distinct from the Penn. Rail¬
road, and operates all the leased lines west of Pitts¬
burg. The stock is owned by the Penn. Railroad.
In 1877 the net income over rentals, iuterest, &c.,
was $385,095, and advances to railroads
charged off
$354,925. The registered bonds are secured by de¬

posit of $4,CO J,000 of Pitts., Fort Wayne & Chicago

special stock.

(V. 35,

p. 251,)

J. New England Trust Co.
July 6, 1878
S. Boston, N. E. Trust Co. March 1, 1897'
J.
Boston, Office.
July 10,1876
0.
do
Apr. 1, 1878
J.
do
Jan., 1879
& 8.
do
Mar., 1890
& J.
do
1897

M. & S.

& J.

A. & O.

M. & N.
1st
J. & J.

New York, Office.
do
do
do
do
London.
New York, Office.
do
do

due Nov., ’77
Boston, Office.

coup,

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

Slocks—Last
Dividend.

&
&
&
&
&

A. & O.
J. & J.

J.

Payable,
and by
Whom.

&
&
&
&
&
&
&

do
do
do
do
do
do

O.

Mar. i, 1875
April.l, 1882
Jan. 1, 1898
Jan. 1, 1898
April, 1911
May 1, 188a
Nov. 1, 1905

July 1, 1878
1881
Oct, 1, 1880

S.
March, 1894
D.
June 1,1895
S.
Sept. 1, 1896
A.
Aug. 1, 1897
J.
N. Y., Kountze Bros.
Jan., 1901
Ns
Newark, Office.
O.
Frankfort O. M.
April 1, 1890
& N. N.Y.,Farmers’ L.&T.Co.
May, 1915
& A.
do
do
Feb., 1891
& A. N. Y.,Del.,L. & W. RR.
Feb., 1878
N.
&
do
do
1880 & 1885
& S.
do
do
1907
& A. N.Y., Treasurer’s Office.
Feb. 1, 1897
do
do
Feb. 1,1897
April.
New York, Office.
Q.-J.
Aug. 1, 1878
A. & O.
London.
Oet.lO,1884-97
J. & J.
New York, Office.
Jan. 1, 1903
J. & J. New York and London. July 1, 1892
F. & A. N. Y., T. W. AW. RR..
Feb., 1900
•

Q.-F.
&

J.

Philadelphia, Office.
do

do

-

•

»

•

May 29,

1877

Jan., 1880

Q.-J.

1910

A. & O.

Annually.
June 15,1905
1881

A. & 0.
F. & A.

Pittsburgh, Co.’s Office.

&
&
&
&
&
&
&
&
&
&
&

A.
Philadelphia, Office.
0.
do
do
D. Pliila., B’k N. America.
D.
do
do
A. N. Y.,Chic.,R. I. & Pac.
J. N. Y., Imp. & Trad. B’k.
0.
do
do
O.
Pliila., 227 S. 4tli st.
D.
do
do
J.
J. N.Y., Lancaster, B.&Co.
do
do
& J.
Philadelphia, Office.
do
& J.
do
& J.
do
do

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

Oct., 1873

Philadelphia.
July 1,1903

July 1, 1903
June 1,

1896
June, 1906
Feb., 1878
July 1, 1894
Oct. 1, 1900
Apr. 1, 1897
June 1, 1913
Jan., 1872
Jan., 1879-’98
1902

Jan., 1879
Jam, 1900
Oct,, 1891
•

*4’

1,135,300
2,700,000

V. 23,

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

•

eg.

Paris & Decatur.—Consolidation. Now Illinois
Midland. (V. 19, p. 351; V. 21, p. 613.)

(V. 22, p. 247;

Where

pal, When Due-

Philadelphia & London.
Philadelphia.
Q.-M. Philadelphia & London.
J. & J.
Philadelphia, Office.

given for coil mines at Danville, which are covered
(1,2-30 acres) by the mortgage. To be sold July 10,
1878. (V. 26, p. 592.)

$54,142.

When

Payable

J.

5

134,400

100 &c.

290.)

Bonds—Princi

INTEREST OR DIVIDENDS.

Size,

For explanation of column headings, &c., see notes
of
of
at the head of first page of tables.
Road. Bonds.
Norwich d Worcestei—Stock
New bonds, coupon

fV0L. XXVII.

J.
A.
A.
J.
J.

•

•

•

*&* *J. Philadelphia, Pa. RR.

& 0.
do
do
Oct. 1, 1897
<fc O. Phil a., Pa. Life & T. Co. March 31,1881
do
& J.
do
July 1, 1888
& J. Philadelphia & London.
July, 1920
Jan. 25,1876
Philadelphia, Office.
Q.-J.
do
do
Q.-J.
July 25,1876
J. & J,
do
do
July, 1880
do
J. & J.
do
July, 1886
London.
J. & J.
July, 1880J. & J.
do
July, 1880
T. & J.
do
July 1, 1882
J. & J.
Philadelphia, Office.
July 1, 1893
A. & 0.
do
do
Oct. 1, 1893

Pennsylvania & Delaware.— The lease of this road
Pennsylvania Railroad was ratified in 1874.
Previously operated under temporary lease.
Pennsylvania & New York.—Operated in close
connection with the Lehigh Valley. Net earnings
1875-6, $698,109. Dividend of 10 per cent paid on
preferred stock of $3,500,000; common stock is
$1,061,700. (V.24, p. 110.)
Peoria, & Bureau VaUey.—Leased perpetually to
Chicago, Rock Island & Pacific at $125,000 per year.
to the

Peoria Pekin & Jacksonville.—In year

ending June

30, 1877, there was a deficit in earnings of $2,518.
Receiver appointed April, 1876.
Perkiomen.—Leased to Philadelphia & Reading.
Int. on consol, mo; tg., paid one-half in scrip of P.
& R. Company.
Petersburg.—Receiver appointed, May, 1877. (V.
26, p. 41, 523, 653.)
Philadelphia & Baltimore Central.—Operated for
some time past in Pennsylvania by trustees of first
mortgage bondholders.
Phil., Wil. & Balt, largely
interested.
(V. 23, p. 526.)
Philadelphia & Erie— Leased February, 1862, for
999 years to Penn. Railroad, but without any guar¬
antee of bonds. Gross earnings. 1877, $3,172,992 ;
ne^ earnings, $1,12^.365.
Net deficit after paying
interest, &e., $264 185. (V. 22, p. 206; V. 24, p.
136, 248; V. 26, p, 166, 241.)
Philadelphia <t Reading.—The report for 1876-7, is
given at length in V. 26, p. 65. President Gowen
reviews the year 1877, and gives the facts bearing
upon the Company’s financial condition and pros¬
pects. The trustees of the general mortgage hold
the

mortgage of the Coal & Iron Company.

In

March, 1877, propositions were made and accepted,
by whifch holders of general mortgage bond* and
Perkiomen guaranteed bonds receive one-half their
coupons, for three years, in five-year 6 per cent
scrip; and holders of convertible and debenture
bonds take 6 per cent scrip in payment of their
coupons for five years. The scrip is convertible

August

RAILROAD STOCKS AND BOND:

31, 1378.]

XXVll

Subscribers will confer a great favor by giving Immediate notice of any error discovered in these Tables.
DESCRIPTION.

Miles

Date
of
of
For explanation of column headings, &c., see notes
Road. Bonds
at the head of first page of tables.

Philadelphia d Reading— (Continued'i—
Consolidated mort., dollar loan, coupon or reg—

779
779
779

do
do
gold, $ or £, coup
do
do
dollar loan, gold,coup, or reg
Debenture loan (convertible 1876-92), coup
Improvem’t mort., $ or £, sink’g fund, coup
Gen. mort., $ and £ (sink, fund 1 p. c. yearly) —
Income mortgage (for $10,000,000)
Debenture and guar, bonds, 6 per cent ciir’cy scrip
Gen. mort. and Pcrkioinen 6 per cent ster’g scrip
Coal & Iron Co., guar. mort. (for $30,000,000). ..
do
debentures,guaranteed
:

745
750
....

«...

•

•

•

•

.

....

Philadelvhia d Trenton—Stock
PhUadeVphia, Germantown d Norristown—Stock

26
34

Philadelphia, Wilmington d Baltimore—Stock
1st mortgage,

1871
1871
1871
1S73
1873
1874
1876
18771877
1872-4
1872
....

m

1X2
95

convertible

do

do

...

Turtle Creek division
Consol, mort., guar. B. A O; (s. f. £7,200 pr. yr.)..
Pitts., O. d St. A.—1st in., cons, (for $10,000,000)
2d mortgage
1st mortgage, Steubenville & Ind., reorganized...
Col. A Newark Division bonds
Pittsburg, Ft. Wayne d Chicago—Stock, guar
do
do
do
do
do
do
do
do
do
do
do

B
C
D
E
F
G
H
I
K
L
M

all-

Bonds

2,820,000
1,708,000
13,036,500
1,731,000
1,259,100
2,231,900
11,561,250
265,000
1,000,000
700,000
800,000
4,000,000
326,600
6,500,000
6,222,000
2,500,000
3,000,000
775,000
19,714,285
5,669,327
875,000
875,000
875,000
875,000
875,000

pon, but may
be made paya¬
ble to order.

1864
1864

468
468

1871

468

1862

468
468

1862
1862

468
468
468
468

1862

468

.

.

.

.

1862
1862
1862

468

1862
1862
1862

468

1863

468
468

1862
1862
1857
1874
1865
1862
1870
1876
1876

468

.

50
38
25
120
30
90

....

1,000
....

100
50
50
500

1,000
1,000
1,000
1,000
£200

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

1,000
1,000

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

1,000

1870
•
1871
1871
100 Ac.
80
52 ig 1867-9 500 Ac.
521-2 1870 500 Ac.
500 Ac.
52ig 1871
52
100
52
1876
111% 1869
1,000
100
71
71
1872
500 Ac.
67
100
44
1870
1,000
1877
97
1873
39
1862
100 Ac.
39
1864
1,000
41
181
ioo
79
1871
1,000
199
100
.....

....

1st mortgage, gold
Port Royal (S. C.)—1st

mortgage, convertible, gold.
Portsmouth, Gt. Falls d Conway—Stock

.

Bands (not mort.) guaranteed by Eastern RR
Providence d Worcester—Stock
First mortgage bonds
.*.
New bonds

....

....

Raleigh d Gaston—1st mortgage
Reading d Columbia—1st mortgage, coupon
2d mortgage, coupon
Reading d Lehigh—1st mortgage (Berks Co. RR.)..
Rensselaer d Saratoga—Stock
1st mortgage, consolidated (for $2,000,000)

....

....

Richmond d Danville—Stock

sinking fund loan

....

Bonds, guaranteed by State
3d mortgage, consolidated, coupon or registered.

10
i

New general mort., gold (for $6,000,000)
Piedmont branch, 1st mortgage
Northwestern, N. C., 1st mort., guar

.

.

1867
1874

.

142
49
29

Rich’d, irtdericksburg d Potomac—Bonds, ster

1,000

.

1873

«...

....

....

Dollar loan

Coupon bonds of 1881

....

into income mortgage bonds.
A compariuon of "statistics for

(See V. 24,

p.

299)

three years is

as

follows:
1S74-5.

Gross earnings.-.
Op. expenses

.

1875-6.

1879-7.

$12,660,927 $12,227,511 $1.*, 149.910
8,130,159 8,510,350 7,751,693

earnings.
$4,530,768 $3,717,161 $4,391,217
(V. 25, p.592, 641; V. 26, p. 65, 84, 166,2.7,316,
393, 445, 496, 575, 653; V.-27, p. 122.)

Net

....

Philadelphia & Trenton.—Leased to Pennsylvania
Railroad with United New Jersey companies at 10
per cent on stock.

....

Rate per
Cent.

....

C

2*2

i

Net

Philadelphia, Germantown A Norristown— Leased
999) ears to Philadelphia & Reading at 12 per

cent, on

stock.

Philadelphia, Wilmington A Baltimore.—Nat earnngs, year ending Oct 31, 187
$1,T 3,426, leaving a
eumlus income of $98,921 above payment of all
charges and 8 per cent dividends.
Last annual
report in V. 26, p. 191. (V. 25, p. 133.)

ls78,

on

was

Pittsburg & ConneUsviUe.—On Jan. 1, 1876,

a

trans¬

Pittsburg, Cincinnati A St. Louis.—This company

leases several roads, and is itself controlled

by the

Pennsylvania Oo., which holds a majority of the

....

....

4
7

J. A J. N. Y., Nat. B’k Com’rce.
M. A N. N.Y., Del.A H.Canal Go.

...

capital stock. Common stock, $2,.’>08,000; 1st pref.,
$2,b28,6iK); 2d pref., $3,000,000. Gross earnings in
187. of road proper $3,097,96.*; net, $1,075,04

sur-

}>hi6
interest, Ac,
Loss
lea-ed
inee, over
(V. $302,141.
25, p. 619;
&c.. $433,926.
V. on
26, p.
200,

415, 496, 523; V. 27, p. 97, 290.)

Pittsburg, Fort Wayne A Chicago.—This road




1892

f,

Nov.

1889

July 15, 1873
Dec.

1, 1892

July 1, 1878
July 1, 1880
1897

Jan., 1898
Mch. 1,

1882

June, 1884
Nov., 1902
July 1, 1878

Nov., 1921

....

6
J A J.
Richmond, Office.
6
J. A J.
do
M. A N. N. y., City Nat. Bank.
6
6 g.
do
do
8
A.
A O. New York or Richmond
6-70
6 g. J. A J.
London.
Various
6 A 7
Richmond Office
J. A J.
8
do

1880
Jan. 1,1875
1878 to ’90

....

1888

....

1

the Oil

Defaulted August,
consol, bonds. (V 25, p. 39; V. 27, p. 137.)

Pittsburg Virginia A Charleston.—Of these bonds
Pennsylvania Railroad owns $500,000. Net earn¬

the

ings, 1877, $34,640.

1875
1875

1881-90

cent for two years
(V. 21, p. 372, 434, 592; V. 22, p.
56S; V. 24, p. 445, 5a2.)
*

*£\rn™E°!ta!\TThZ G,eorS^ Railroad

guarantees

$500,000 of tuosG bonds; s^lo in foreclosure w&s
made June 6, 1878, to Union Trust Co. f r
#503 000
(V. 25, p. 9J; v. 25, p. 93, 495, 654,)
,

*

Portsmouth, Great Falls A Conway.—Opened in
1872, and is leased by Eastern Railroad, Massachu¬
setts.

27,

p.

The l.tter is not liable for

the bonds

15, 97, 115.)

*

<V

'•V*

Providence & Worcester.—Net earnings year end¬
ing September 30, 1877, $239,695; notes pavable
$1,438,000.
Mortgage bonds for $2,000,050 au¬
thorized. (V. 23, p. 54 8; V. 25, p. 476; V.
26, p.
94.)
Raleigh A Gaston.—Net earnings 1877-8, $107 185
against $85,749 in 1876-7. ^V. 27, p. 94.)

Reading A Columbia.—This road is operated and
Philadelphia & Reading Railroad
Floating debt, $1,093,494.
controlled by the

Reading A Lehigh— This

was the Berks Count
sold out, and leased to Philadelphia &
Reading, March, 1875, for 99 years. Foreclosure
suit begun in Feb., 1878.
(V. 20, p. 63, 267; V 26
’ * ’
p. 266.)

road;

Portland & Ogdensburg.—The two dbriRions
consolidated March, 1875, as one company.

were

In

1876. Company passed the interest on
its b >nds, and
funding proposals were offered. Re¬
ceiver appointed October, 1877. and foreclosure suit
is pending.
Report of committee at.d plan of rePraamzation, V. 26, p. 575 (V. 25, p. 138, 298, 335,
408, 533, 592; V. 26, p. 41, 81, 94, 575.)
Poi'tland & Rochester—Interest in

do
do
A N. New York and London.
A J. Best., Eastern RR. Co.
A D.
do
do
A J.
Providence, Office.
A J.
do
do
do
do.

M. A S. N. Y., Union Nat. Bank.
J. A D. Columbia, First-Nat.B’k

Sold in foreclosure

March,

1892 to '94

....

7
7

,

fer was made by City of Ba timore to Baltimoie &
Ohio Railroad for $l,0;)0,00u, and the consolidated
mortgage made for £2,200,ICO, and guaranteed by
B. & O.
Gross earnings 1876-7, £1,388,434; ne,
$406,418. (V. 24, p. 135.)

June, 1911
June, 1911
June, 1911
Jan. 1, 1893
Oct. 1, 1897
July 1, 1908
Dec. 1, 1896
July, 1882
July, 1882

July 9, 1878
June 3, 1878
July 2, 1878
do
do
July, 1884
do
do
April, 1887
Phil’delpliia, Co.’s Office Oct. 1, 1892
do
do
April 1, 1900
Balt., Balt. A Ohio RR.
July, 1898
Pittsb., First Nat. Bank Aug. 1, 1882
London, J.S.MorganACo Jan. 1, 1926
Phila., Pa. RR. Office. Aug. 1, 1900
do
do
April 1, 1913
N. Y. Agent, 57 B’way.
May, 1884
Phila., Pa. RR. Office.
Jan., 1890
N. Y., Winslow, L. A Co. July 2, 1878
do
do
July 1, 1878
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
Jan. 1, 1887
do
do
Mch. 1, 1884
Feb. 1, 1896
Philadelphia, Office.
do
do
Apr. 1, 1882
do
do
July 1, 1890
do
do
Feb. 1, 1896
do
do
Feb. 1, 1896
Philadelphia.
April 1, 1902
Boston, First Nat. Bank
Jan., 1900
do
do
Nov., 1901
New York and Boston.
May, 1891
Boston, Columbian B’k. July 1, 1887
do
do
Oct. 1, 1887
do
do
Sept. 1, 1891
Boston, Office.
July 10, 1878

....

(V. 22, p. 588; V. 34, p. 5i6; V. 26,

Pittsburgh Titusville A Buffalo.—This

Stocks—Last
Dividend.

....

earnings, 1877. $2,956,146; profit to

Creek & Allegheny River road.
and re-organized Dec. 29, 1875.

A J.
A A.
A S.
A O.
A N.
A D.
A J.
A A.
A S.
A O.
A N.
A D.
A 0.
A J.
A S.
A A.
A O.
& J.
A A.
A A.
A O.
A J.
A N.
A N.
A J.
A O.
Various
J. A J.

4

p.
for

J.
F.
M.
A.
M.
J.
,T.
F.
M.
A.
M.
J.
A.
J.
M.
F.
A.
J.
F.
F.
A.
J.
M.
M.
J.
A.

rr

lessee, $154,022. Sinking fund fo*. DondE amounts to

$2,157,755.
523.)

A.
J.
A.
O.

A J.

M.
J.
J.
J.
J.

July, 1869, for 999 years, to Pennsyl¬
Railroad, at a rental equivalent to interest,
sinking fund of debt,1 and 7 per cent on $19,714,286
stock, whi 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 tuxes, expenses,
etc.
Pittsburg, Fort Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads;
which in turn are leased again by Pennsylvania Company.
New stock of $5,6>9,327, issued to Penn,
Railroad for improvements, Ac., is under article 16
lease.

A
A
A
A

g.

vania

of

A J.

F.
J.
F.
A.

Q.-J.
Q.-J.

g.
g.
gg-

leased

was

J.

M’nthly

1%

486,000

A J.
A 0.
A 0.
A O.

J.

1%

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
124,200
1,767,500
1,472,000
500,000
500,000
67,778
299,917
450,000

J.
A.
A.
A.

6
6 g7
7
6
7

860,000
860,000
860,000
860,000
860,000
860,000
2,000,000
100,000
1,000,000
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

Whom.

pal, When Due.

Philadelphia, Office.
Phila., Treasurer of Co.
J. A J. Philadelphia A Boston.

rr

875,000

Where Payable, and by

Q.-J.
Q.—M.

3
4
6
6
6
6

7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
7
7
7
7
7
7
6
6
6
6
7
6
3
6
7
3
6
2
6
6

When

Payable

J. A D.
Philadelphia, Office.
J. A D. Philadelphia A London.
J. A D.
Philadelphia, Office.
J. A J.
do
do
A. A 0. 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 S.
Philadelphia, Office.

7
6 g.
6 g7
6
6 g.
7
6
6
7
7

1,803,000

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

cou¬

Portland. Saco d Portsmouth—Stock

State

10 Ac.
90 &c.

1868

.

'

6,999,000
968,000
10,499,900
9,364,000
19,686,000

100 &c.

1873

Outstanding

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

1859
1876

200
117
33

Amount

$1,000 $10,649,000

1868

149
200

Pittsburg, Ft. Wayne & Chic, construction bonds.
Equipment bonds (renewed)
Pittsb. Titusville d Buff.—1st mort. (W. & F.RR.)....
1st mortgage (Oil Creek RR.)
1st mortgage (Un. & Titusville RR.)
New mortgage (Pitts. T. A B.).
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)
1st mortgage, Vermont Div., gold
Po”tl. d Rochester—1st mort., s. f. (Port!, loan) “A”.
1st mortgage, equal lien—
2d
do
(Portland loan) sinking fund, “B”.

Value.

10

Special improvement stock, guaranteed...
(series A)

1st mortgage
do
1st
do
1st
do
lfct
do
1st
do
1st
do
2d
do
2d
do
2d
do
2d
do
2d
2d
do
3d
do

m

or
Par

149

do

1st

m

1858
1867
1872-4
1875

Plain bonds, loan
do
do

Pittsb. d Connellsville.—1st mortgage

m

....

Bonds—Princi¬

INTEREST OR DIVIDENDS.

Size,

default, and

receiver appointed in January, 1877.
The report
for year ending August 31, 1877, shows g-oss earn¬
ings, #133,896; expenses, #111,820.
(V. 23, p. 354,
c»77; V. 24, p. 170; V. 25, p. 333.)

Rensselaer A Saratoga.—Leased May
1, 1871 to
Delaware & Hudson Canal Company, which
pays’interest on bonds and 8 per cent on stock.
(V 25 n

615.)

Richmond A Danville.—Gross

v

earnings

,p*

1876-7

$909,317; net, $292,591. This company
the
North Carolina Railroad and the Piedmont
Railroad
and forms a
through route with the Atlanta & Rich¬
mond Air-Line. The Penn. Railroad took $1 000
COO
of the new bonds.
(V. 22, p. 1 80; V. 24, p. 298
370; V. 26, p. 11 5.)
,'
’

"leases

*

Portland, Saco A Portsmouth—Leased March 18,
Richmond, FredeHcksburg A Potomac.
Gross
1871, to Eastern Mass, Railroad for 99 years at 10 earnings 1875-76, $367,969; expenses, $177,793- npt
per cent per annum; modified Dec., 1875, to 6 per earnings, $190,175. (V. 23, p. 61 i; V.
27, p. 68’,
—

85.)

RAILROAD

XXV 111

Subscribers will confer

a

STOCKS

AND

BONDS.

great favor by giving Immediate notice ot
any error discovered In tbese Tables.

DESCRIPTION.
Miles Date Size, or
For explanation of column headings,
of
&c., see notes
of
Par
at the head of first page of tables.
Road. Bonds Value.
Richmond d Petersburg— 1st mortgage, coupon
New mortgage
Rochester d State Line— 1st mortgage
Rome, Watertown d Ogdensburg—Stock
1st sinking fund inort., Wat. & R
General mortgage, sinking
2d mortgage
Consol, inort., convert, till

Rutland—Stock,

25
109
409

fund

190
360
120
120
120
120

July, ’79, coup

common

do

New general mortgage
St. Joseph d Western— 1st M. St. Joseph A Pacific..
Kansas & Nebraska, 1st mortgage
St. Louis, Alton d Terre Haute—Stock
Preferred stock (7 per cent
yearly, cumulative)..
1st mortgage (series A) sinking fund.,
-g
1st mortgage (series B) sinking fund.
<2 ©ft
vr~ 3
.

'

1

-

•

-

•

*

•

•

•

•

•

•

•

•

2d

•“.OrC g

mortgage, preferred (series C)

m

mortgage, preferred (series D)
mortgage,

•

ft <2 GC.T

income

m

•

Equipment mortgage

,

gold.

conv.

mort., sink, fund ($1,600,000 guar.)

guar

St. Paul d Pacific—First Division—
% fist M., 10 miles, St. P. to St. Anthony
•2 J 2d M., St. Paul to Watab.
($700,000)
£ 1 3d M., land gr’t, St. P. to Watab. ($1,200,000)
pq
Consol, land gr’t
do
($2,800,000)
1st M., St. Anthony to 150 miles west
a
2d M.,& 1st 1. g., St. A. to 150m.W.($3,000,000)
3d M., 1. gr. on 150m. W. of St. A. A 1st M. on
.3 ] 60m. more with 1. gr. ($6,000,000)
4th M., St. P. to
Breekenridge, 2d on I’d gr.,
•

S

150m. ($3,000,000)
St. Paul d Pacific— 1st mortgage bonds
St. Paul d Sioux C — Pref.stock, (Div. on
$475,000)
Common stock
:
Saginaw Talley d St. Louis — 1st mortg., coup
Sandusky Mansfield d Newark—Re-organized stock
1st mortgage/new
Savannah d Charleston—C. & S.,, guar, by S. C
Funded int. bouds, S. A C. RR., guar,
by S. Car...
1st mortgage, Savannah A Charleston RR

Savannah d Memphis—1st mortgage
Schenectady d Duanesburg— 1st M., guar. D. A H

Schuylkill 'Valley—Stock
Scioto Valley—1st mort. (s. fund $13,000

per year).

Seaboard d ltoanoke—Stock
1st mortgage
Selma d Gulf—1st mort., guar, by Alabama
Selma Marion d Memphis— 1st
mort., end. by Ala..
Selma Rome d Dalton— 1st mortgage...
2d mort., Alabama A Tenn. River RR
General mortgage for $5,000,000
Shamokin Valley d Pottsville—Stock
1st mortgage, gold, on road and lands

Sheboygan d Fond du Lac— 1st mortgage
1st
mortgage extension
Shenango d Alleghany—1st mortgage

Richmond & Petersburg.—In July, 1878, 2
per cent
IVlvUvl made on stock of
dividend
$1,108X0'. Gross earnings year ending Sept. 30, 1877. $137,116; net,
$47,271. (V. 22, p. 15; Y. 24, p. 62.)
Rochester & State Line.— Bonds sold in N.
Y.,
July, 1818. Road runs from Rochester, N. Y., to
Salamanca, and Rochester City furnished $100,000
Ul V

iilUUv

Ll

D L v7 V_> XX

UI

~

i

j

towards its construction.

Rome, Watertown & Ogdensburg —The last report
shows gross earnings in 1876-7 of
$1,255,271; ex¬
penses, $912,134; net earnings, $343, • 36. Default was
made on coupons consol, bonds
Apri1, 1878. (Y. 22,
p.493; V. 26.

p.

334.)

Rutland.—Leased January, 1871, to the Vermont
Terms modified in July, 1874.
Default
rental, and lease again modified. (Y. 23, p.
110; V. 25, p. 137; V. 27, p. 121.)
St. Joseph & Welern.—’Vhe St. Jo. end Denver
City wras sold in foreclosure Nov., 1875, and re¬
organized. The land grant of 300,tOO acres is in
hands of trustees, for the benefit of the holders of
the land scrip of $2,250,000
Gross earnings of
road in 1877, $537,886;
operating expenses, $373,906;
rentals, &c., and taxes, $140,415. (Y. 24, p. 322,
469;
V. 26, p. 289.)
St. Louis, Alton & Terre Haute.—The main line—
Terre Haute to E. St. Louis and Alton Branch—wus
leased June, 1867, for 99 years, to Indianan. & St. L.
at 30 per cent of
earnings (but $450,000 a minimum).
This was guaranteed hy thiee other
companies; see
V. 26, p. 614,654. In 1877,
gross earnings were $953,570, against $1,072,403 in ’76. The Belleville Br. and
Extension earned net in 1377, $131,540.
due August, 1878, on 2d mort. bond< were Coupons
pushed.
(V. 26, p. 417, 614,625, 654; V. 27, p. 17, 140.)
St. Louis, Iwn Mountain &
Southern.—There are
also $663,000 of Cairo & Fulton Income
bonds.
Central.
made on

itii
'll

'til

.

Gross earnings, 1877, $4,500,422; net.
$2,131,901. In
1875, the company funded three coupons on all

bonds except the old firsts, but when
coupons fell
due Nov.. 1876,

they were paid only

m part.

Ha!/

interest only is paid on the mortg.
bonds, except
he 1st mortg. St. L. & I. M.,
which is paid in full.




•

•

•

•

•

1864
1864^
1870

m

_

Consolidated mortgage, gold, sinking fund
Evansville Henderson & Nashville, 1st mort
St. Louis Vandalia d Terre Haute—1st M. s. f.

*}

m

m

•

686
210
210
686

1867
1872
1874
1870
1872
1870

100
72
300
525

354

1865

354
293

420
98
158
158

1874
1868
1876
1876
1876
1874
69-71
1872
1867
1867
1868

10
76
76
76
150
150

1862
1862
1862
1865
1864
1864

210
220
140
121

mm

•

•

m

•

m

•

210

121
34io
116
116
101
....

101
60
14io
11
98
80
80
40

50
100
100
....

28
28

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

1864
1864

m

Sf'S
u
S ®

1st mortgage, coupon
2d mortgage, gold, coupon, may be
registered....
Cons. M. gold (s. f. after 1880), coup., maybe
reg.
Arkansas Branch, 1st mortgage, gold, land
grant
Cairo Ark. & Texas, 1st mort., gold, coup or
reg.
Cairo & Fulton, 1st n ort.,
gold, or road and land
St. L. Kansas City d N.—Steele
($12,000,000 pref.)
1st mortgage (North Missouri)
Real estate and railway 2d mort
St. L.d S.Francisco.—1st M. (So. Pac.),
g., (I’d grant)
2d mortgage bonds, A
do
do
B, gold
do
do
C, gold
Land debentures
St. Louis d Southeastern—1st M.,
s. fund

i

m

m

«

1864

O

JSL Louis, Iron Mountain d Southern—Stock

2d

'mm

•

1870
1870
1872
1876
1876

-

2d
2d

1,000
1,000

•

120
115
115
207

1,000

1872
1874

190

INTEREST OR DIVIDENDS.

$175,000

8

31,000

7
7

2,180,000
3,147,600
'

3

366,007
975,107
1,000,000

7
7

7'
7

4,250,000
2,479,700
4,168,700

3^8

Richmond, Office.

J.
M.
J.
J.
A.

Y., Farm. L. & T. Co.

F.
M.
M.
M.

7

8
8
7
7

'

J.
J.

2
7
7
7
7
7
10

7
7
7
7
7
7

do

& J. N.
A 8.
&D.
& J.
& 0.

do
do
do
do

&
&
&
&
&
&

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

120,000
366,000

1880 to '86

do

-

May 1, 1915
July 15,1875

do
do
do
do

Sept. 1,1880
Dec. 1,1891
Jan. 1,1892
July 1,1904

Boston, Treasurer.

Feb.

do
do
do

do
*
do
do
New York.

g.
g.
g.
g.
g.

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

&
&
&
&
A
A

do

8

i.875

Sept. 1, 1880
Nov. 1,1902
19—
19—

Feb. i, 1878
1894
1894
1894
1894

1894
1880

A. N.Y.,Office 20 Nassau st
N. New York or London.
O.
do
do
D. New York, Co.’s Office.
D.
do
do

J.

2,

May 1,1880

J. & J. N. Y.r Office 12 Wall st.
A. & O.
do
do
F. & A.
do
do
M. A N.
do
do
M. & N.
do
do
M. & S.
do
do

Aug. 1, 1892

May 1,1897
April 1, 1914
June 1, 1897
June 1, 1897
Jan. 1, 1891

do

7
J. A J. N.Y., Nat Bk of Com’rce
7
M. A S.
do
do
6 g- J. A J. N. Y., Trask A Stone.
6
M. A N.
do
do
2 &c.
M. A N.
do
do
2 &c.
M. A N.
do
do
10
do
Q-J.
-do
7 g. M. A N. N. Y., G. Opdyke A
Co.
7 g. F. A A.
do
do
7
J. A J.
do
do
7
J. A J. N. Y., Third Nat. Bank.
7
M. A N.
do
do

....

July 1, 1895
Sept. 1* 1904
July, 1888
Nov. 1, 1906
Nov. 1, 1906
Nov. 1, 1906
Jan. 1, 1884

Nov., 1894
Aug.. 1902
July 1, 1897

Jan. 1. 1897

May 1, 1898

250 &c.

1,096,000
1,114,000
1,500,000

1,700,000

7

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

1868

250 &c.

5,700,000

7

M. A N.

do

1898

1870
1871

1,000
1,000

1,500,000

7
7
2
8
8
2
7
6
7
7
8 g.
6

J.
J.

do

do

1900
1901

St. Paul, Office.

Oct., 1876

m

m

1,000
250 &c.
250 Ac.

1,000

m

1872

100

15,000,000
2,081,800
2,400,000

1,000

446,000

50

1,050,356

....

1869
1853
1868
1869
1870
1874
....

1876
....

1851
1870
1869
....

....

•

•

•

....

78^
7812

1871
1864
1871

32

1869

1,000

2,301,000
500
505,000
100 &c.
111,800
500
500,000
1,000
2,4*23,000
100 &c.
500,000
50
576,050
500 Ac.
1,250,000
100
1,350,400
1,000
210,000
1,000
16,000 p. m.
1,000
16,000 p.m.
838,500
241,000
3,000,000
50
869,450
500 Ac.
1,994,000
1,000
750,000
850,000

pay

2*2
7

3^

....

....

....

....

500 Ac.

The net earnmgs have been
rather than to

874,500

•

7
8
8
7
8
7
3
7 g.
7
8

7

applied to floating debt

bonded interest.

A suit is nending in the IT. S. Circuit Court of Missouri. (Y. 25,

p. Ill, 138, 188, 229, 309, 353; Y. 26, p.
287, 342,
368, 625.)
St. Louis, Kansas City & Northern.— Half the
stock
is pref.,
10 per cent yearly, but not cumulative.
Gross earnings in 1877, $3
147,173; net, $1,250,713.
Floating debt partly retired with second mortgage
bonds. (V. 24, p. 90, 272; V. 26, p.
68, 288, «7l.)
St. Louis & San Francisco.—This is the
re-organi¬
zation of the Atlantic & Pacific, sold in
foreclosure
Sept. 8, 1876. The Atlantic & Pacific was a consoli¬
dation, in 1870, of the Atlantic & Pac. and So.Pacific.
The land grant amounts to some
1,000,000 acres.

The interest on bonds “ B ” and “ C ” is 2
per cent
for 2 years, 3 for 3
years, 4 for 1 year, 5 for 1 year,
and 6 afterward. In 1877
gross

earnings were $1.323,943; net, $739,126. against $675,047 in 1876. (V.

24, p. 543; V. 25, p. 282, 457; Y. 26, p. 241.)
St. Louis & Southeastern.—In hands of
receiver.
Annual report, V. 26, p. 263. (V. 23,
p. 549; V.

24,

203, 322; V. 20, p. 2«3, 304.)
St. Louis, Vandalia & Ten'e Haute
—The com.
stock is $2,383,315;
pref., $1,451,700. This road is
•leased to Terre Haute &
Indianapolis at 30 per cent
of gross eari ings. In 1877
gross earnings, $1,118,470.
Bonds guaranteed by Terre Haute &
Indianapolis,
P.

by Columbus, Chicago & Indiana Central, and Pitts¬
burgh. Cincinnati & St. Louis. (V. 24, p. 110; V.
26, p. 165.)
St. Paul & Pacific, First Division.—The
3d mortg.
of $6,000,000 has the additional
security of the
$1.50v',(MJ0 first mortgage bonds held by its trustees.
Interest in default since
June, 1872, on all the issues
except the first and second mortgages on Branch
Line, but certain payments made in May, 1877.
Suits of foreclosure are in
progress, and the rail¬
road has been in possession of the trustees
under

the

A. & 0.
M. & N.

*•

500,000
500,000
1,212,000
1,900,000
1,900,000
2,300,000
2,468,400
1,000
1,100,000
500 Ac,
1,100,000
1,000
1,400,000
1,000
1,400,000
500 Ac.
1,700,000
1,000
300,000
100
21,028,761
1,000
4,000,000
1,000
5,927,000
1,000
4,428,000
1,000
2,500,000
1,000
1,500,000
1,000
8,000,000
100
24,000,000
1,000
6,000,000
1,000
3,000,000
500 &c.
7,194.500
100 &c.
293,200
500 Ac.
2,476,000
500 Ac.
2,295,000
350,000
1,000
3,250,000
500 &c.
5,145,000
1,000
1,000,000
1,000
1,899,000
1,000
2,600,000

1,000

Bonds—Princi¬
pal, when Due.
Payable, and by Stocks—Last
Whom.
Dividend.

Rate per When Where
Cent.
Payable

7
7
7
7

m

•

Outstanding

....

1861

1855

Amount

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

97

Equipment mortgage bonds

“

1870
1875
1878

....

Preferred stock
do

[VOL. XXVII.

mortgage deeds.

•

An

important negotiation for

A S.
A J.
A D.
AD.
A A.
A N.

N.Y.,J.S. KennedyA Co.

1881

do

1892
1892
1892
1894
1894

do
do
In default.
do
do

A D.
A J.

Q.-J.

'

J. A J.
M. A N.| New York, 9th Nat. Bk.
May 1, 1902
1st 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
J. A J.
do
Jan. 1,-1889
M. A N. N.Y.,Lancaster,
B.A Co. May 1, 1890
M. A S. Del. A Hud. Canal Co.
Sept. 1, 1924
J. A J.
Philadelphia, Office.
Jan., 1878
J. A J. N.Y., Winslow, L. A Co.
Jan. 1, 1896
M. A N. Pliil.,Townsend,W.ACo.
May 1, 1878
F. A A.
do
do
Aug., 1880
A. A O.
New York.
Jan. 1, 1890
M. A S.
New York.
Sept. 1, 1889
J. A J.
New York, Office.
Jan. 1, 1872
J. A J.
do
do
Jan. 1, 1864
A. A O.
do
do
April 1, 1887
F. A A. Philadelphia,Treasurer.
Feb., 1878
J. A J.
do
do
July,
1901
J. A IX
N. Y., (Tu default.)
June, 1884
A. A O.
do
do
October, 1896
A. A O. N. Y\, N.Bk. of Com’rce.
April
....

•

1, 1889

St. Paul & Pacific.—The road is in hands of Re¬
ceiver of U. S. Court, and the bonds are all held in
Holland. The mortgage is being foreclosed.

(Y. 24,
510; V. 26, p. 316, 342, 420, 436, 575; Y. 27, p. 42,
6S, 149.)
St. Paul & Sioux Lily.—This company has 727,766
acres of land unsold.
(V. 24, p. 298; V. 26, p. 548;
V. 27, p. 171.)
Saginaw Valley & St Louis.—Has a traffic guar¬
antee by Michigan Central. Net
earnings, 1876,
p.

$48,855.
Sandusky, Mansfield & Newark.—This road is
leased to the Central Ohio, and the lease guaranteed
by Baltimore <fc Ohio. (V. 19, p. 584; Y. *«6, p. 290.)
Savannah & Charleston.—Road in hands of receiv¬
and decree of sale made.' (V. 22,
p. 615.)
Sav mnah <t Memphis — Defaulted after the crisis-

er

of 1873.

Net

earnings, 1875-6, $16,118.

Scheme'ady

owned

&

Duanesburg.—Capital

by the D.&II. Canal Co..which

runs

stock

is

the road.

Schuylkill Valley.—Leased to Philadelphia & Read¬
ing, with 5 per cent dividends.
Scioto Valley.—This new road, from Columbus to
Portsmouth, reports gross earnings of $116,853, and

net

$58,376, from March 5 to Dec. 31,1877.
Seaboard cfe Roanoke.—Net earnings year
ending
March 1, 1878, $167,928. Report V. 21, p.
276.
Selma & Gulf-Interest in default. Foreclosure
sale attempted Nov. 19, 1877, but no bids
made.
(V 24, p. 299; V. 25. p 335, 593.)
Selma, Marion & Memphis.—Defaulted 1872. To
he sold July 8, 1878. (V. 26, p. 575.)
Selma, Rome & Dalton —This was formerly the
Alabama & Tennessee River. Interest
in default,
and road to be sold.
(V. 24, p. 56b.)
Shamokin Va ley & PottsviUe.—Leased
February,
1863, to Northern Central,at7per cent on bonds and
6 per cent on stock.
Sheboygan & Fon du Zac.—Defaulted 1873. Gross
earnings, 1‘877, $100,011; net, $12,204. (V. 24, p.
198, 345; V. 26, p. 521.)
Shenango & Alleghany.—Leased to Atlantic &
Great Western, and “ rental trust bonds ” issued.

Gross earnings 1875,

$201,039; net, $114,699.

August 31,

RAILROAD STOCKS AND BONDS.

1878.]

xziz

Subscribers will confer a great favor by giving immediate notice of any errors discovered in these Tables.

DESCRIPTION.

-

s

at head of first page

of tables.

Date
of
of
Road. Bonds

50

Shore Line (Conn.)—Stock
1st mortgage, construction bonds
Sioux City & Pacific—1st mortgage
2d mortgage (government subsidy)
Sioux City <£ St. Paul—1st mortgage, gold
1st mortgage, currency, for $2,100,000.
Somerset— 1st mortgage, gold
South Carolina—Stock
1st mortgage, sterling loan
do

Miles

t

i865

122
124

23
s

®

®

2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)

Southern Central (N. FJ—1st mortgage..

Southern Minnesota—1st mortgage, construction..

712
24

mortgage, gold.

Summit Branch (Pa.)—Stock
1st mortgage bonds
Terre Haute £ Indianapolis—Stock
1st mortgage
:.
Bonds ot 1873 (for $1,600,000)

30
81
81
81
20
20
113
73

-

....

500
100

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

1,000
100 &c.

1,000
500 &e.
....

100
....

100 -&C.
100 &c.

1,000.
500 <fcc.
100

1,000
1,000
50
....

50

....

1869
1873
1875

1875
1875
1875
1876
1866
1864
1866
1870
1871

110%
116*2

Div.)
Div.) convertible
Consolidated mortgage (for $6,200,000) —
1st mortgage (Burlington Div.)
Troy <& Boston—Stock
1st mortgage, consolidated
1st mortgage (E.
2d mortgage (W.

227
10
53
35

Convertible bonds

1,000
...

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

1,000
1,000

1,000
1,000

1,000

•

100

1874

1,000

.

.

.

....

2*8
Troy Union—1st mortgage, guaranteed, Troy City
Union Pacific—Stock
1,042
1st mortgage, gold, on road and equipment
1,038 1866-9
-.
2d
do
(government subsidy)
1874
3d
do
on road (2d on land), sinking fund. 1,038
1867-9
Land grant bonds on 10,764,947 acres
1871
Omaha bridge bds, st’g, (s.f. about $50,000 yrly).
100
1866
Union Pacific, Central Branch— 1st mort., gold
100 ’66-7-8
2d mortgage (government subsidy)
379
United N. J. Bit. & Canal Companies—Stock
1871
General mortgage, gold, coupon
1871
United Co.’s mortgage, sinking fund, registered,
1871
"
do
loan mortgage, sinking fund.
sterling

500 &c.
....

....

*■-

-

-

-

....

....

....

—

do
do

do

....

•

Mortgage bonds, 2d issue
Shore Line.— Leased to New York & New Haven
$100,000 per year. Old stock was exchanged for
new in July, 1873.
Gross earnings, 1876-7, $341,374;
net, $49 869. (V. 21, p. 63.)
Sioux CUy & Pacific.—Div. of 3% on pref. stock
paid April, ’78 For year ending June 30, 1876, gross

earnings were $292,4*9, and net earnings $28,291.
(V. 22. p. 545, 599; V. 27, p. 96.)
Sioux City & St. Paul.—There are also $502,000 2d
mort. bonds, $146,009 equipment, and $286,600 in¬
come bonds.
Lands sold in la77, 40,664 acres. (V.
25, p. 212; V. 26, p. 290, 471, 494, 549, 567.)
Somerset.—This road is leased to Maine Central.
South Carolina. —Gross earnings in 1877, $1,020,664; operating expenses, $593,751; net earnings,
$426,91*). A proposal is made for concessions by zd
mortg. bondholders. (V. 26, p. 217, 342, 393, 418,

429, 471; V. 27, p. 42 )
South & North Alabama.—Operated by Louis v. &
Nashv., which holds a majority cf the st ck, and
guarantees the bonds and holds $1,000,000 of 2d

\

m

....

Joint Co.’s mortgage, sterl’g, s. fd. (£138,500).
do
plain bonds
do
do
consol, mort. (sink’g fund after 1880)
do
N. J. RR. & T. Co., 3d loan due State of N. J
Utah Central—Stock
1st mortgage, gold
Utah Southern—1st mortgage, coupon
Utica <£ Black River—Stock
1st mortgage bonds of July, 1868

at

m

....

....

....

....

....

1871
1871
1871

1834-7

....

1,000
£200

1,000
1,000
100

1,000
....

....

....

•

.

.

.

.

....

....

....

....

75

168
75
87

1870
1871
....

1868
1871

625,000

3,892,300
399,000

400,000
448,000
350,000
500,000
2,004,000
270,000

1,750,000
4,125,000
800,000

1,988,150
800,000
800,000
1,050,000

3,552,000
7,548,000
6,459,000
10,000 p.m
1,800,000

1,600,000
1,300,000
1,500,000
250,000
1,609,000
1,384,000
650,000
680,000

1,000
1,000
100
....

....

19,890,400
5,300,000
2,000,000
1,846,000
1,800,000
154,000
500,000
497,310

1,700,000
866,000

5,000,000

....

-

36*2

5,211,810
750,000
1,500,000
405,050
1,500,000
600,000
1,500,000
3,332,000
29,300,000

27,232,000
27,232,000
13,907,000
7,145,000
2,179,000
1,600,000
1,600,000

....

1862
1868

63,500
391,000

36,745,000

....

do
do
do
dollar loan, mortgage
bond to State of New Jersey

5,819,275
1,482,666
1,051,500
1,206,500
1,067,500

100

....

do.

.

1,000
1,000

....

-

450,000

100

Various
500

....

50
116*2

500|000

....

....

106
444
444
444

Toledo, Peoria <& Warsaw—l&t mortgage (W. Div.).

1,240,000

1876

.

2d mort., consol., gold, coup. ($17,000 p. m.) —
Income and land mort., reg. (7,600,000 acres)...
Texas Western—(Narrow g.)—1st M., 1. gr., gold...

1,000
1,000

1876
1871
1865
1875
1875
1867

48 ig
7^

—

1871
1871
1871

....

30

$1,000,000

1868

....

....

Outstanding

$100

....

257

Spartanburgc§ Asheville—1st mortgage, gold.
Springfield Athol & N. E.—1st mortgage
Sterling Mountain (N.Y.)—1st mortgage
Stockton <£ Copperopol is—let mort., (guar, by
Syracuse Binghamton <k N. Y.—Stock
2d mortgage (now first)
Consol, mortgage (guar. D. L. & W.)

Par
Value.

....

183
183
57
57
69
114
114
87
170

Sterling inert., 8. fund, guar, by L. & N
Southern of Long Island— 1st mortgage (S
2d mortgage S. Side (1st mortg. 8. fund)
Mortgage bonds, Southern of X. I

Amount

200,000
1,629,000
1,628,020

1868
1868
1872
1866
1868
1870
1873
1867
1870
1874
1869
1872
1870
1868
1875

....

or

100 <fce.
500 &c.
500 &c.

®

242
242
242

dollar bonds (L)

Southern Pennsylvania- -1st
Southwestern (Ga.)—Stc

50
105

INTEREST OR DIVIDENDS

Size,

100,000
676,005
1,000,000
1,500,000
1,770,720
200,000
912,000

Rate per
Cent.

4
7
6
6

Is
Is
Is
7
7
6

§ *

Is
7
7
7

7
7
7
6
7

3^
7

7
5

41*3
7
7
3
7
4
7
7
7
6 g6
7
7
7
7
7
7
7
4

7
7
6
2
6 g*
6
8
7

g g-

8*
2*2

8*

81:

6
7
6
6
6
6
7
10
6
7
2
7
7

each. A sinking fund nf $100,000 per annum begins
in 1882, and proceeds of land sales also go to pay
bonds. The land grant is 12,830 acres per mile,
and attaches now to 580 miles built. The stock
paid in is $36,763,9' 0. In 1876-7 the gross earnings
were $1,553,005 gold, and net eirnings, $1,82-1 830
gold. (V. 24, p. 299, 386, 445, 519; V. 26. p. 209. 316.)
Southern Pennsylvania.—This is a mining and rail¬
road company, re-organized in 1872 after foreclosure
under s cond mortgage. The road is leased by the

Cumberland Valley.
Southwestern Georgia.—Leased to Central Georgia.
Dividends 8 a year to every 10 per cent on Ci ntral
Georgia stock, but 7 per year guaranteed. ‘•Tri¬
partite” bonds issued; see Central Georgia.
Springfield, Athol (6 Nor‘hen8tern..—(\f. 24, p. 198.)

Sterling Mountain.—Cost of road and equipment,
$502,468. Net earnings 1872 3, $15,673.
Stockton &

Copperopo'is.—Defaulted July, 1874,
$1,000,000 exchanged for present.

and old bonds of

Southern of Long Island.—Leased to L. I. RR
There are also $60,000 6 p. c. mortg. bonds on

(V. 21, p. 159. 16'.', 316.)
Syracuse, Binghamton & New York— Operated by
Del. L. & W., and bonds guar, by that Co. Last
dividend on stock (in lb75 4 per cent. (V. 26, p 316.)
Summit Branch.—T his is a coai road, and leases
Lykens Valley. Nci earnings in 1876, $151,665. (V.

Rockaway Branch. It is proposed to ‘“scale” all
bonds except 1st South Side. (V. 26, p. 471, 626,654;

25. p. 113.)
Terre Haute

V. 27, p. 85.)
Southern Central.—Forms an extension into New

24, p. 442.

mortg. bonds.

Pref. stock, $2,000,000.

Lehigh Valley, which company en¬
dorses $400,000 of second mortgage bonds.
South Iowa A Cedar Rapids.—In progress. Ot¬
tumwa to Cedar Rapids, la.
Southern Minnesota.—Sold under 2d mortgage and

A Indianapolis.—Annual report, V
Gross earnings, 1875-6, $1,033,450; ex¬
penses, $721,109; net earnings, $317,440.

York St ite for

re-organized March, 1877, stock being issued for
bonds. Land grant is about 1,790,000 acres. The
1st mortgage interest is paid J. & J. at 7 per ceut,
though originally A. & O. at 8 per cent. (V. 24, p.
11,198, 227; V. 25, p. 235, 408; V. 27, p. 67.)
Southern Pacific (Cal.)—This road is controlled
by Central Pacific parties. The bonds are, in
series A, B, C and D, of which “ A” includes $15.00,000, part in $500 bonds, all the others are $1,000




a

Texas A New Orleans of 1874.—The company has
land grant of 875,000 acres timber and agricultural

lands.
Texas A

Pacific.—Gross earnings, 1877-S, $2,331,-

310; operating expenses. $1,448,439; net earnings,
$8^2,871. Of old land bonds $1,064,000 are yet out,,
and $181,225 coupons. (V. 23, p. 160, 206. 279; V.
25, p. 162. 210; V. 26, p. 316; V. 27, p. 42, 149.)
Texas Western.—This narrow-gauge road is in
progress.

(See V. 23, p. 49, 152, 526.)

Toledo, Peot'ia & Warsaw.— Passed into receiver’s
hands February, 1874.
1876-7. net earnings were
575; V. 27, p. 68.)

Foreclosure pending. In
$56,415. (V. 26, p. 68, 316,

When

Payable
&
M. &
J. &
J. &
M. &
M. &
J. &
J.

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

Where Payable, and by
Whom.

Bonds—Princi¬

pal, When Due
Stocks— Last
Dividend.

N. H., Nat. N. H. Bank.

July 5, 187B
Sept. 1, 1880
Jan. 1, 1898
U.S. Treas., at maturity Jan. 1, 1898
N. Y., Metropol. N. Bk.
do
do
Nov., 1901
J.
July, 1891
Q.-F. Charleston,S.W.RR Bk
May, 1871

& J.
& J.
& O.
& O.
& J.
& J.
& N.
M. & S.
M. & N
M. <fc N.
F. & A.
M. & S.
M. & N.
J. <&, J.
A. & O.
M. & S.
J. & D.
Various
J. & J.
J. & J.
J. & J.
J. & J.
& D.
J. &D.
A. & O.
F. & A.
J. & J.
J. & J.
A. & O.
J.
J.
A.
A.
J.
J.
M.

F. '& A.
M. & S.
J. <fc D.

do

do
N. Y., Nat. Park Bank.

London.
New York,
do

Charleston.
do
N.

1878 to ’88
1878 to ’88
Oct. 1, 1902

April, 1891
1880 and 1892

Y., Drexel, M. & Co.

Jan. 1, 1890

London, Baring Bros.
N. Y., Gallatin Nat. B’k Mar. 1, 1887
do
do
May 1, 1900
do

N. Y.,

do

Vermilye & Co.

do
N

N.

do

Nov. 1, 1879

Aug. 1, 1899
Mar. 1, 1882
May 1, 1900

1888
Y., Company’s Office.
Y., C. P. Huntington. April 1, 1905
Mar. 1, 1900

Savannah,Cent.RR. Ga.
Macon
Charleston& New York.

June20,1878
1886
Jan.

1,1897
Boston, Eliot Nat. Bank July l,’83to’93
New York.
N Y., Central Pacific.

1885

January, 1905
N.Y.,D. L.&W.RR. Co. Dec. 15, 1875
do
do
June, 1887
,

do

do

Philadelphia & Boston.
Boston, N. Y. & Phila.
N.Y.,Farmers L.&T.Co.
do

do

Oct.

1, 1906

Aug. 16, 1876

Jan.1,1904
Aug. 5, 1878
July, 1879
1893

New

York, Co.’s Office. Aug. 1, 1905
Phila., N. York &London March 1, 1905
do
do
June 1, 1905
July. New York& Philad’pkia Jan. 1, 1915
J. & J. N. Y., Farm. L. & Tr.Co
F. & A. New York, Co.’s office,
Feb. 1, 1896
J. & D.
do
Dec. 1, 1894
do
A. & O.
do
do
April 1, 1886
.

M.
J.
F.
J.
M.

&
&
&
&
&

do
N.
do
D.
do
do
A. Troy, Company’s Office,
J. N. Y., Nat. B’k of Com.
do
S.
do

Q.-J.

J.

& J.

M.
A.
A.
M.

<fe
&
&
&

S.
O.
O.
N.

Q'-j.

New York and Boston,
do

do

U.S. Treas., at maturity.
New York and Boston.
New York and Boston.

London, L. & S. Fr. Bk.
N. Y., Company’s Office.
U.S. Treas., at maturity.
Phila. and N. Y. Offices.

& S.
Philadelphia, Office,
& O.
do
do
London,
& S.
<fc S.
do
& A.
Philadelphia,
Due 90 days after demand.
F. <fc A.
London.
F. & A.
Philadelphia Office.
J. & D.
Princeton, N. J.
M. & N.
Philadelphia Office.
A. & O. N. Y., B’k of Commerce.
M.
A.
M.
M.
F.

J.
J.
M.
J.
J.

&
&
&
&
&

* J.
J.
S.
J.
J.

Salt Lake City.
N.

Y., Kountze Bros.
Utica.

Utica and New York,
do

do

1910
1901
Feb. 1, 1878
1894

May 2,
June 1,

1882

April 1, 1878
1896 to 1899
Mch. 1, 1894
1887

April, 1896
May 1, 1895
1896, ’97, ’98
July 12,1878
Mch. 1, 1901
Oct. 1, 1894
Mch. 1, 1894
Mch. 1, 1894
Feb. 1, 1888
1880
Feb. 1, 1883
Jan. 1, 1889
Nov. 1, 1889
Overdue.

(?)
1, 1890
July 1, 1891
Mar. 26, 1878
July, 1878
July, 1891
Jan.

Ti'oy A Boston.—With leased roads forms a line
Troy, N.Y., to North Adams, Mass. In 1875 76*
gross earnings were $5 .6 539; * peiitingexpenses,
$29334. There are $119,000 of old 1st and 2d
mortgage bonds yet ontsiandiug.
Troy Union.—A short road in Troy dty. Bonds
issued by city and guaranteed by sev< ral roads.
Union Pacific.—Gross earnings in 1877 weio
$12,4 3,203, a-ainst S,2.S»i.W5'i in 1876; net earn¬
ings. $7,l)\7v.', against $7.nl8,6i7. In 1 78 the
funding bill was passed in Congress; the C urt. of
Claim- decide i against the com any as to the 5 per
from

cent of net earnings; an importa'it c »n ract was
made with Kaiisis Pacific; the July divide id was
passed. Land sale- to Aug. 13, It>7H» 1 567,67' acres,
for $6 966.333, of which 249,3^2 acres n 18? 8, for

Land cent acts Aug. 13, *3,609,46?, cash
Abstract of last reports V. 26, p 241. (V.
24. p. 220. 591; V. 25. p. 4<*8; V 26, p 241, 266,
368, 171, 548. 59.', 626, 654; V. 27, p. 42, 96, u7, 122,
$1,249,2 6.
$169,035.

119,193)
Union. Pacific Central B anch.—This was formerly
Atchison & Pike’s Peak road. Interest in defanlt
since November, 1873. Gross earnings 875-73, $114,414; expenses, $131,500. (V. 25, p. 276; V. 27, p. 96.)
United New Jersey Railroad A Canal < omvunies.
—The Camden & Amboy Itaiiroad and branches,
Delaware & Raritan Canal, and New Jersey Railroad
form the United Companies of New Jersey. They
were leased to PennSylvania Railroad, Oct. 20,1871,
at 10 per cent on stock and assumption of all lia¬
bilities. In 1877 the gross earnings were $8,9«0,» 96;
net income, $2,954,521, leaving a deficit for lessees
the

$1,433 1 8 after paying interest and dividends.
(V. 24, p. 516; V. 25, p.349, 433, 458, 476; V. 26, p.
21 5, 304.)
Utah Central.—Halt Lake to Ogden.
In year end¬
ing April 30, l-wfi, net earnings were $*32,737, and
div'dends amounting to 20 per cent were paid.
Utah Southern.—Gross earning? 18.7, $5278,652,
net. $149,731.
Stock is $1,509,000.
Utica A Block River.—Gross receipts 1875-7,
$453,576; expenses, $233,566: net earnings. *220.010,
(V. 22, p. 207; V. 26, p. 141; V. 27, p. 124.)
of

railkoad stocks and bonds.

XXX

Subscribers will confer

a

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

DESCRIPTION.

Miles Date
of
of
explanation of column Leadings, Ac., see notes
at the Lead of first page of tables.
Road. Bonds.

For

Utica Chenango d SusqnehannaWalley—Stock
Vermont d■ Canada—Stock

98
73

Bonds, guaranteed by Vermont Central
Missisquoi Railroad bonds

....

.

Vermont Central— 1st mortgage, consolidated

mortgage, consolidated.!
Equipment loaus
Stanstead, S. A Cbambly bonds

....

....

....

Income and extension bonds (to pay tloat’g debt).
Vermont d Massachusetts— Stock

(sinking fund $7,000

per

Convertible bonds
do

....

do

Special loan, funding mortgage
Wabash—Stock
let mortgage (Toledo & Illinois)
1st mortgage (Lake Erie, Wabash A St. Louis)

,.

(Great Western of 1859)
(Quincy A Toledo)
(Illinois A Southern Iowa)
Id. mortgage (Toledo & Wabash)
id mortgage (Wabash & Western)
2d mortgage (Great Western of 1859)

180

Consol, mort., (on all but Decatur A E. St.
1st mortgage, (Decatur &East St. Louis)

Funded debt bonds and
Warren (N.J.)—Stock..

L.)

scrip ($943,950 at 7)

490
109
18
18
18
310

Washington City, Va. Mid. d Gt. Southern—Stock...
2d mortgage, O. A A. RR
1st and 3d mortgage, O. A A. RR
:
41 li mortgage, O. & A. RR

....

....

....

Ceil, mort., gold, Wash. C., Va. Mid. A Gt. South’n

336

65^

guar., coup

Westchester d

Philadelphia—Yvciarred stock
mortgage, new

Jersey—Stock

,

Camden & Amboy..

Cape May A Millville
Western d Atlantic (Ga)—Income bonds

Western (Ala.)—1st mortgage (Mont. & W. P.)
Western RR. bonds, before consolidation

by Cent, of Ga.and Ga. RR. AB.Co.
Western Maryland—1st mort., endorsed Balt. City..
1st mortgage, unendorsed
mol t., guar,

2d
do
endorsed by Baltimore
2d
do
endorsed by Washington
2d preferred mortgage, unendorsed
3d mortgage, guaranteed by Baltimore
4th
do
for Baltimore City stock
Western Pennsylvania—1st mortgage
1st mortgage, Pittsburg Branch
General mortgage
Williamston d Tarboro—1st mortgage

County

..

....

27
128
60
38
63
41
138
116
44
160
90
90
90
90
90
90
90
57
28

1871

188

do

....

Utica Chenango & Susquehanna Valley.—Road is
leased to Del Lack. & West. Railroad at 6 per cent
per annum on fctoek.

Vol;ey (Vc..).—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; V. 22, p. 463, 559, 591, 607.)

Canada.—Under lease to Vermont
(V. 24, p. 421, 566; V. 25, p. 476, 641.)

Vermont &

325
94
....

....

48
48

Vermont Central—In 1872 the Company went to
default on interest, aud has since been in numerous
complications. A new corporation under the name
of Central Vermont was formed, with $2,000,000

paid-up capital, aud assumed obligations of the old

Vermort Central. Foreclosure pending ou 2d mortaage. (V. 22, p. 110, 5S9; V. 23, p. 40, 370, 623; V.

413, 566; V. 25, p. 431.)

Vermont & Massachusetts.—This road is leased to
She Fitchburg RR. Co. for 999 years, commencing
Jan. 1, 1874; they paying interest on the debt and 4
per cent on the stock for the first two years, 5 per
cent the next two years, and 6 per cent for the reaudnder of the lease, exclusive of all taxes.

Vicksburg & Meridian.—Net

earnings 1877-8.
only coupons paid s nee April, 1876,*
those maturing Jan., Ib78, and i he special loan

•were

coupons

The

of Jan., 1877.

(V. 27,

p.

67.)

WabasJu—'This is the Toledo Wabash & Western
a-e-organized after the sale, June 10, 1876, under
consolidated gold mortgage of 18.3. New litigation
commenced in May, 1678. There is a debt of $560,Qj:) due the Equipment Company, payable $56,001)
per year. The “Seney” mort. included in funded:
debt bonds is for $1. CO.OOfi, payable $200,000 per
jyeax.




100 &c.
100 Ac.

....

1861
1866
1869

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

900,000
2,500.000
2,495,000
500,000
300,000
1,000,000
1,500,000
2,500,000
2,610.000
2,700,000

250 Ac.
100 Ac.

1,000
1,000
1,000

'

....

"ioo
....

....

....

500 Ac.

Operations for 1877 showed $4,585,914 grosi<

& N. N. Y., D. L. A W. RR.
A D. Boston, E. Blake A Co.
A J. Boston,Nat.Bk.of Redm
A J. Boston, Globe Nat. Bk.
& N. Boston,Nat.Bk of Redm
& D.
do
do
A N.
do
do
A J.
do
do
& N.
do
do
A 0.
Boston, Office.

A
A
&
&
A
&
A
A

J.
J.
J.

do
do
do

do
do
do

J. Pliila , Girard Nat. B’k.
J.
do
do
J. Pliila., Girard Nat. B’k.
O.
do
do
J.
do
do

May 1, 1878

June 1, 1872

July 1, 1891
Jan.

1, 1891

Nov. 1, 1886
1891
1876 to 1889
Jan. 1, 1887
1902

April 8, 1878

July 1, 1883
July 1, 1879
July 1, 1885
Jail.

1,
1,
1,
Jau. 1,
Jan.
Jan.

1890
1890
1890
1890

1880

100 Ac.
50
500 Ac.
500 Ac.
500 Ac.

1,000
500 Ac.
100 Ac.

....

'
500 Ac.
....

*

100

.

.

1871

ioo

....

500 Ac.

May 1, 1893
Feb., 1907

Aug., 1889

Balt., R. Garrett A Sons

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

Balt., R. Garrett A Sons Mcli. 1, 1882
do
do
May 1, 1903

7
7 g.
4
7
3
6
6
7

500,000

r**

920,000
750,000
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
1,200,000
350,000
3,200.000
600,000
1,456,200
648,700

10
8
8
8
6
6
6
6
6
6
6
6
6
7
8
7

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

J.
A.
M.
J.

3ig
0 g-

7-g.

749,000
8,250,000
1,789,800

7 g.
7 g.
2
6 A 7
7
7
3
6

£600,0G0 3d

8s,

exchanged for general

mortgage bonds, but are deposited in escrow only.
The president, Mr. John S. Barbour, was appointed
receiver in July, 1876. Inteiest in default, but re¬
ceiver ordered o make certain payments.
See V.
25. p. 41. (V. 22, p. 15, 591; V. 21, p. 550.)

Westchester <& Philadelphia.--Giobs earnings, 1876’77, £332.274; net, $112,964. (V. 22, p. 304; V. 24,
p. 62; V. 26, p. 116.)
West Jersey— Gross earnings, 1877, $595,025: ex¬
penses, $391,430; net, $203,594.
Net profit above
interest and rentals, $10,308.
(V. 24, b. 249; V,

26, p. 263.)

Western & Atlantic—This road is owned
by State
of Georgia, and leased at $300,080
per annum.
Lessees have issued the income bonds. (V. 22. d

v

foreclosure, April 19

1875, aud bought by Central Ga. and Georgia
roads, for whose account it is operated. (V.
393, 405, 445;- V. 25, p. 456.)

Rail-’

20

A
A
A
A
A
A
A
A
A

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

do
do

do
do

d

do

April, 1878

do
do

do
do

1900
1905
Jan.

1, 1875

May 1, 1873
Sept. 1, 1880

do

April 1, 1896
July 10,1878
do
April 1, 1891
Phila.—Pa.RRCo. Office Aug. 15, 1877
do
do
Meh., 1883
do
do
Jan., 1896
O.
do
do
Oct., 1890

Q-J.
J.

221,400

6s, and

Western Alabama.—Sold in

1, 1878

J. A J.
M. A N.
M. A S.

Philadelphia, Office.
do

Atlanta, Co.’s Office.

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

J. New York A Savannah.
O.
do
do
O.
do
do
J. Balt., N. Mechanics’ B’k
J.
do
do
J.
do
do
J.
Hagerstown.
J. Balt.,N. Mechanics’ B’k
J.
do
do
J.
do
do
0.
Philadelphia, Office.
J.
do
do
0.
do
do
A N. New York, J. M Pickrell
A D. Balt., Safe Deposit Co.

J. A D.
J.f A J.
London.
M. A N.
do
J. A J. N. Y., Nat. B’k Republic
J. A J.
Boston, Office.
J. A J.
Worcester, Office.
Various
do
do
A. A O. Bost., Globe Nat. Bank.
F. A A.
do
do
A. A O.
Worcester, Office.
A. A O. Bost., Globe Nat. Bank.

payment

was

Oct. ’77 to ’91

July, ’78 A ’81
Oct. 1,

1888
1, 1890
1, 1890
1, 1890
Jan., 1890
Jan., 1890
Jan., 1895
Jan., 1900
Jau., 1902
April i, 1893
Jan. A, 1896
Oct. 1, 1901
May 1, 1900
June, 1900
Oct.
Jau.
Jan.

June, 1877
1881
1886
1896

July 1, 1901
July 1, 1876
1881 A 1887

April 1, 1893
Feb.

1, 1895

April, 1878
April 1, 1894

made of coupons

due July, 1873,
Tim July 1877,
interest on unendorsed bonds was not
paid till
January, 1878 Annual report for last fiscal year, to
September 30, 1877. showed gross receipts, £332,085;
expenses, $219,940; net receipts, $112,145.
(V. 25.
p. 41, 298, 4 o6; V. 26, p 84,471.)
and

Washington City, Virginia DPidland & Great South¬

-

Nov.

Nov. 1, 1878

6
6 A 8
8

ern.—Gross earnings year ending Sept. 30, 1675,
$1,033,980; expenses, $672,367; net earnings, $401,
612.
The company has been assisted by Balt. '& O.
The 1st and 3d mortgages, placed together, were
of which have been

i, 1890

N.Y., Del., Lr. A W. RR.

earnings in 1875, $241,056.

originally $400,000 1st

Nov.

Aug. 1, 1882

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

1,185,000
700,000

....

-

Aug. 1, 1890
Aug. 1, 1890
Aug., 1888

3T»

350,000
250,000
400,000

1873
1875

A A. N. Y., Metropolitan B’k.
A A.
do
do
A A.
do
do
A N.
do
do
A A.
do
do
A N.
do
do
A N.
do
do
A N.
do
do
do
do
Q.-F.
F. A A.
do
do

7
7

1,000,000

1,000

F.
F.
F.
M.
F.
M.
M.
M.

750,000
600,000
2,692,539
1,200,000
654,000
700,000
578,859
1,650,000
1,500,000

Warren (JV. J.).—Leased to Delaware, Lackawanna
& Western at 7 per cent on stock and bonds.
Net

136.)

Dividend.

1,800,000

526,500
821,300
1,100,000
1,359,750
400,000
1,000,000

....

1874

7
7
7
7
7
7
7
7
7
7
3 A 7

3,015,950
100

1867

1870
1870

6
7
7
7
7
7
7
8

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

Whom.

16,000,000

1873
1866
1868
1870
1858

1868
1870
1872
1863
1865

2%

earnmgs, and net earnings of $1,(60,398. (V. 55, p.
64, 89; V. 26. p. 2 1 5, 445,471, 496,524, 519, 592,
626; V. 27, p. 17, 68.)

some

$123,364.

1,000
1,000

....

-

p.

1,000
500 Ac.

179
179

Sinking fund bonds, gold

24,

500

:

Wisconsin Central—1st mortgage, gold, land grant.
Worcester d Nashua—Stock
Bonds ($125,000 are 7 per cents)
Bowls
Bonds
Nashua oc Rochester—Stock
do
do
1st in., guar, (for $700,000)

©antral.

....

4

Wilmington d Weldon—Stock
Sterling bonds
do

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

100
100 &c.

1870
1875
1871
1855
1858

1867
1873
1871

3
4
8
7
7
7
8
7
8

Bonds—Princi

pal, When Due.
Where Payable, and by
Stocks—Last

Rate pel When
Cent.
Payable

3,000,000
3,500,000
500,000
3,000,000
1,500,000
1,500,000
444,100
1,508,600
2,860,000
550,000
200,000
150,000
703,500
850,000
145,000
1,180,600
217,400

1,000

1855

....

Wilmington, Columbia d Augusta— 1st mortgage...
Income bonds

$4,000,000

1860

Funded interest, O. & A. RR
1st mortgage, O., A. & M. RR

Loan of 1883, guaranteed by
let mortgage loan
1st
do
consolidated

$100

....

2d mortgage
1st consol, mortgage

Lynchburg A Danville, 1st mort.,

1853
1853
1863
1865
1862
1858
1858
1859
1867
1869

167
180
33
29
75
167

1st mortgage
1st mortgage
1st mortgage

Outstanding

500
500
100
100
500
100

1865
1869
1872
1866
1866
1866
1866
1871

649
75

Amount

....

....

....

2d series (blue endorsed)
do (black endorsed)
3d
4th do (not endorsed)

2d

Par

1871
1871
1866
1866
1866-9
1867
1872

140
140
140
140

—

INTEREST OR DIVIDENDS.

or

Value.

....

80
77
80

year).

Vicksburg d Meridian— 1st series (red endorsed)

1st

/.

.

....

2d

West

Size,

,

1st mortgage

[Vol. xxvir.

January, 1874, in January, 1877.

Western

lessee,

Pennsylvania.—The Pennsylvania RR.,

$972,650 stock out of the total amount
$1,022,450. $148,000 of branch bonds, and i.11 of
$1,2U(',00(» general mortgage bonds; net earnings
1876, $225,498. (V. 22, p. 206.)
owns

of

Wil'iamstou & Tarbo?v.—Road in progress.
information.

recent financial

No

Wilmington Columbia & Augusta.—In 1875-6
earnings were $116,633 net. There are certificates
of indebtedness for

$336,000. vV. 22,
368, 393; V. 27, p. 68.)
'

p.

15; V. 26,

p.

y

Wilmington & Weldon.—Formerly leased to Wil¬
mington, Columbia & Augusta road, but in Dec.,
1877, default wras made t»y le.-see and p opertv
reverted, (V. 22, p. 16; V. 26, p. 68, 420, 496.)

Wisconsin Central.—Defaulted July,
1875, and
Afterwards built a considerable
length of load. In year ending Sept. 30 1*76, gross
funded 9 coupons.

ear nil gs were
$709,935; expenses. *412,2ul; net
earnings, $297,733. Paid rent of Mil. & North¬
ern RR., leased, $P>v,404.
Land grant is over
800,000 acres. The Philips & Colby < onstruction
Company ope?ati g this road became embarrassed
in pec. lc77.
(V. 23, p. 478, V. 2o, p. 18.)

Worcester & Nashua.—Guarantees the stock and
Western Mainland.—This company was largely as¬ bonds of Nashua &
Rochester, leased. For year
by the city of Baltimore, which has also ending September 30, 1877,
gross
income was
bought its overdue coupons.
The bonds remain¬ $528,883, and expenses,
interest and
ing in default for interest to their holders were rental, $524,301. (V. 22, p. including
545; V. 24, p. 158; V. 36,
th-' second preferred unendorsed, and on those p. 430.)
sisted

August

CANAL STOCKS AND BONDS.

31, 1878.]

mi

r

Subscribers will confer a great favor by giving immediate notice
DESCRIPTION.
For

explanation of column

headings, &c., see note8

at the head of first page or

tables.

Miles

Date

of

of

Canal. Bonds.
14
14

Chesapeake d• Delaware—Stock
1st mortgage (originally $2,800,000)
Chesapeake & Ohio—Stock
Maryland loan, sinking fund
Guaranteed sterling loan
Bonds having next preference

1st mortgage (extended 20 years in 1878)
Delaware & Hudson—Stock
1st mortgage extended
1st mortgage, registered
do
•
do
Debenture loan of 1894, coup and reg
1st M., coup. & reg., on Penn. Div. ($10,000,000)

New mortgage
Boat loan

....

....

....

50

....

....

....

1,000
1,000

....

....

....

....

1872
1871
1872

.

83
103
103
103
103

„

.

.

9

-

1876
1865

1869
327
327

interest guar’d by Penn. RR
Schuylkill Navigation—Stock, common
General mortg.,

1870

108

Preferred stock

....

Mortgage bonds, coup, (payable by P. & R.)
Improvement bonds

1870
1863
1864

Boat and car loan
Boat and car loan

45

Susquehanna—Stock
Maryland loan, 2d mortgage
Susquehanna Canal, common bonds, 3d mort
do
pref., 3d. T. W. priority b’ds..

85

Union—1st mortgage

Chesapeake & Delaware— Delaware City to Chesa¬
(V. 27, p. 66).
Chesapeake & Ohio — Gross receipts, 1875,1473,210;
net, $254,175. Paid on bonds, $2*3,940. (V. 24, p.

.

.

11,193,550
771,000

6 g.
6
6
6 g.
6
6

2,000,000

4,658,500
508,520
41,550

7
7

1,369,259
717,000

1,004,300
1,025,000
1,175,000

1,000

780,000
220,000

various.
various.
50

1,000
1,000
1,000

103,164
4,480,405
3,000,000
909,236
3,175,900
1,709,380
3,990,392
1,200,000
260,000
756,650
628,100

50

2,002,74(5

1,000
50
50

4
o

5
7
7
7

70c.

$1 40
6
6
6
6
6
7

,

.

6

1859

1,320,000

6

....

3,0001000

6
7
6

Lehigh Coal & Navigation.—Gross receipts in 1877,

$994,665; expenses and int., $1,189,321; excess of
the latter, $194,655.
The Central R.R. of N. J.
assumes (in purchase of equipment), $2,310,000 of

gold loan due 1897, and leases the Lehigh &
The Lehigh & WilkesLeh’gh Coal & Naviga¬ Susquehanna Railioad.
Barre
Coal Co. assumes $500,000 of the gold loan
tion Co., at interest on bonds, and 8 per cent a year
due
1897, and $711,000 (all) of the convertible gold
on stock
Del. <fe Hudson Canal—This Co., which is among loan due 1894, and has also leased the coal lands
the largest miners and carriers of coal, leases the Alb. of the company. (V. 22, p. 27 9; Y. 24, p. 247,
& SuSq. and Renss. & Sar. Railroads. Also endorses 445; V. 25, p. 4*2.)
bonds of N. Y. & Canada RR. The annnal report for
Monongahela Navigation Company.—Receipts,
1871 is given in V. 26, p. 208 and p 242; and com¬ 1875, $196,576; expenses, $80,487; dividends, $90,387.
mittee’s report. V. 25, p. 161.
(V. 24, p. 179, 227,
Morris.—Leased April, 18.1, to Lehigh Yalley Rail¬
444; V. 25, p. 161, 615; Y. 26, p. 208, 242, 495 564,
road for 999 years.
The lessees assume bonds and
574,599.)
*
369.)
Delaware Div.—Leased to




the

Whom.

Dividend.

Philadelphia, Office.

June, 1873

do

do

July, 1886

Balt., A. Brown & Sons.

1870

London.

1890
1885
Feb. 4, 1878

& 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.

Q-M.
M. &

July 1, 1898
Aug. 1, 1876
Nov. 1, 1891
>

Philadelphia, Office.
do
do
do
do
do
do
do
do

S.

Q-J.
Q—F.

do
do
do
do

J. & D.
do
J. & D.
do
J. & D.
do
J. <fc D.
do
F. & A.
J. & J.
Pittsburg, Office.
F. & A. Leh. Val. RR. Co., Phila
do
do
F. & A.
do
do
A. & 0.
do
A. & O.
do
do
do
F. & A.

1894
1884
1897
1897
’79- 80-’81-’82
1882
June 1,1911
1892
?
Feb. 4, 1878
Feb. 4,1878

April 1, 1906
Oct., 1885
Feb., 1889
....

J.
J.
J.
J.
M.

Philadelphia, Office.
do
do

do

& J.
& J.

do
do
do

& N.
& N.
& N.

&
&
&
&
&

July, i.910
Aug. 25, 1878
Aug. 25, 1878
March, 1897

Philadelphia, Office.

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

1884
1891
1S94
1917

Sept. 2, 1876

....

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

do

do
do
do
do
do
do
do

1882 to 1907
1895
-

May, 1880
May, 1913

May, 1915
....

....

1,000,000

Si arks—Last

Payable, and by

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

.

1839

325,310
250,000

Q- J.
Q-J.

....

6

& D.
& J.

Where

Bona*—irYinoi

pal, When Due

....

.

1^

5,381,963

50
100
100

.

6
5
6
4
6
4
7
7
7
7
7

4,750,000

50

J.
J.

3
6

6,434,000

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

1841-4
1872

bonds of 1872

peake City, Md.

1,000
1000& c

1,000
1,000

extended

do

800,000

....

Payable

1,633,350
20,000,000
1,482,000
3,500,000

1869
1871
1874
1877

When

Cent.

1,699,500

100

....

Rate per

2,000,000
4,375,000

1,000

148
148

-

Preferred stock scrip dividend

1st mortgage,
2d mortgage

25
....

....

Penns ylvania—Stock

1,993,750
8,229,594

....

....

.

$2,078,038

....

153

(for $1,000,000)

$50
Vario’s
....

.

Monongahela Navigation Co.—Stock

Outstanding

....

1858

Amount

Value.

....

....

Morins—Stock, consolidated
Preferred stock

or
Par

....

148

Lehigh Coal <£ Navigation—Stock
Loan, conv., coup., gold (assumed L. & W. Coal Co)
1st mortgage, registered
1st mortgage, registered, railroad

INTEREST OR DIVIDENDS.

Size,

....

60
60

Delaware Division—Stock

Mort. loan, g. ($2,310,000 assumedO. RR. of N. J.)
Loan
Loan extension, convertible till December, 1877.
Consolidated mortgage loan
Greenwood mortgage, reg.
Extended, 1877

1856

of any error discovered In these Tables.

J.
J.
J.
J.
N.

Phila. and Baltimore.
do
do
do
do
do
do

Philadelphia, Office.

Jan., 1885
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.—ased from

June 1, 1870, to Philadelphia & Reading for 999
years, at annual rent of $655,000, including '’ertain
real and personal property conveyed to Philadelphia
& Reading. The dividend of Aug. 22,1877, was pay¬
able in Phil. & Reading RR. scrip. (V. 52, p. 493;
V. 26, p. 418.)

Susquehanna <& Tide Water.—Leased and operated
by Philadelphia <fc Reading Railroad for interest on
bonds and half of net earnings.
Union Canal — Stock, $2,907,850.

INVESTORS’ SUPPLEMENT.

xxxii

R.

A.

LANCASTER
Bankers

66

[VOL. XXVII.

and

&

Brokers,

BROADWAY, NEW
DEALERS

FIRST-GLASS

CO.,

YORK,

IX

INVESTMENT SECURITIES.
GOVERNMENT

BONDS,

State, City, County, Railroad and Miscellaneous Securities
BOUGHT

VIRGINIA

AND

SOLD

TAX-RECEIVABLE

SOUTHERN

ON

COUPONS

SECURITIES

LOANS

QUOTATIONS

Securities.

4S per cent, registered, 1881.
<6 per cent, coupon, 1881.

ARE

AS

FOLLOWS, AUGUST

do

do

5-2fs, registered, 1867
3-20e, coupon, 1867
5-208, regist red. 1858
5 20s. coupon, 186S
10 40s, registered
i0-40e, coupon...
5ft, registered, 1881
5s, coupon. 1881
4^8, registered. 1691
,i::

[

I' i

.f

t

r
-

•

.kii

R1A;

‘

4s,
4a,
4s,
Ss,

102% 102%
102,*4 102%
105% I05X
105 >4

.

...

coupon, 1907
small, coupon
currency, 1895-99

State Securities.
Alabama—New consols, A
JSew consols, 5s. B
do
C....
'Arkansas— 6s, funded
railroads

‘<3ou.

...

103
100

107*

War loan

Co

eol, 78, small
Wekigan—6s, 1878-79
6s, 1886
7s, 1890

-

Hissouri—6s, due in 1878
6s, due in 1882 or 1883
•Ss,
«s,
4s,
v«-,

lJi: \
.

i)9l '

do
do
do
do

1886
1887
1888
1689

i
or

1890

do

•

•

do
:8n8-‘'8....
"New bonds, 1892-93

d>

do

9

J&I
A&O

c'ass 2
class 3...1

—6s, 1831
6s, 1886

..

8%
8%

...

106
"Rhode Island 6s, coupon, 1893-94
119
South Carolina—Consol., 6s, apnr rved... 80
Coi.fioL. 6s, doubtful
63
Tennessee 6s, old. 1899-2 8
35
new

1«9> {p.iflOO

“3

4%

District of Columbia—3-STs,
Small bonds

80

1924.

Registered

City Bonds.
Atlanta, Ga., 7s
Augusta, Ga., 7s, various
Charleston, S. C., 7s
Columbus, Ga., 7s. Lynchburg City. Va., 8s
Macon, Ga., 7s
Memphis, Tenn—6s, 1900
Gold, 6s, 1900
Mobile, Ala.— 6s

97
97
75
60
108
65

Norfolk, Va., 6s

31

.

100
ICO
80
65
112
75

36

30
31
90

31'

*

*

-

.

•

•

•

•

•

•

•

•

+

18

!!!. j

2d mortgage
47
Cheraw & Dailiugton. 8s
Chesapeake & Ohio, 1st 6s
26
Denver & Rio Grande, 1st, 7s
65
East Tennessee & Georgia, 6s
35
East Tennessee & Virginia, 6s, endorsed 93
East Tennessee Virginia & Ga., Is-, 7s
100
Flint & P« re Marquetse, 8s. land grant..I 83
..

.

.

•

•

•

•

Georgia RR.—is

’

68

•

..

Greenville & Columbia—1st,7s.
7s, guirantied
Houston & Great Northern, 1st. 7s
Houston & Texas Centra:, 1st 7s,
g.. J&J
Iowa Falls & Sioux City, 1st, 7s.

2%
106
U2
85

i

Kansas Pacific
Louisville & Nashville—Consol., 1st, 7s

Consol., 2d, 7s, gold
3fV Macon & August g 1st, 7s, 1387

3“

...

Macon &

Brunswick,

st 7s.’S

',

....I

J&J

end .J&JI

85**
85**

60
10J

80* ’

75
58

45

HO
50

Nashville Chattanooga & St. Louis
Nashville & Decatur, 1st, 7s
New Orleans Jackson & Gt. No.—1st, 8e, 104

103

New Orleans &

Mobile—1st, 8s.

1st, 7s
Norfolk &

Petersbcrg—1st, 8s..
103

Northern
6s, 1990

36
98*
97

A&O 101

J&J

Northern Pacific, new preferred stock...
Ohio & Mississippi—1st, 7s

2d, 7s

93*

91

98*

,

99*

65

...

Orange & Alexandria—1st, 6s

M&N 83

2d, 6s
3d, 8s
4th, 68

117
65
60

108
107

J&J 103

Central—6s, 1885

6s, gold. 1900

J&J

Orange Alexandria. & Man., 7s.

.

M&N
M&'
.J& I

68
31
12
47

88*
73
38

50*

100
Petersburg RR.—1st, 8s, 1879-93 ..J&J 90
2d. Ss, 1902
28
J&J 24
Pittsburg & Connells v.—1st, 7s,’98.. J& 1 9-3% 95
i
Consol., 6s, gold, 19*6
—M&N
Piedmont HR., 1st, 8s
95
too*

85

..

Richmond Fredericks!). & Pot.—6s..J&i 97
7s....
....J & J
Richmond & Danville, 1st, 6s
..M&N 70
Richmond & Petersburg, 1st. 8s
101
Savannah & Charleston, 1st. 7s..
Savannah & Memphis—1st, 8s
1st, 7s

106
cG\

.

83

75

.

Seaboard & Roanoke, 1st, 7s, 1890..F&A.
Selma & Gulf, 1st. 8s
South Carolina RR., 1st. 7s
South Georgia & Florida—1st, 7s. M&N

104%

......

71
40

2d, 7s
.M&N
South Side, Va.—1st, 8s, 1884-90... J&J 101
2d, He, 1684-90
J&J 19
1
7d, Hs, 18 4-90
J&J 68

75
50
23
66
90
95

i

87

Southwestern, Ga., 7s
Virginia & Tennessee, 6s
8s

.

1

Miscellaneous
James River & Kanawha

2d, 6s

Mississippi Levee, 10

106
82
74

93
102

98
05
100

40

45

Western,N. C., 1st, 7s....
Wilmington Col. & Aug., 1st, 7s..J&D
Wilmington & Weld., gold, 7s, 190J.J&J

.

10

65

31

Burlington C. R. & N., 1st, 5s, 1903. J&D 69
Carolina Central, 1st, 6s, gold, 1923..J&J 35
Central Georgia, consol, mortgage, 7s
Chari. Columbia & Aug.—1st, consols, 7s 12

•

........i

13%

2d, 8s

Consols, 1st, 7s, 1897, end. by Sa?ann’h

•

»

100

Atlantic Tennessee & Ohio, 1st, 8s, gold
Baltimore & Ohio-Stock
M&N 87
6s, 1880.
J&J 102
6s, 1835
A&O 105

....

•

38

.

1st, 7s
Atlantic & Gulf— -onsols, 1st, 7s, 1897,

1°4
103

*

75

.

83

8
41

4

1st, 7s
2d, 8s

33

116
60

’92..F&A SIX
3d, 6s
A&O 13*
Memphis & Charleston—1st, 7s,’80.M&N 99 X
J&J 80
2d, 7s, 18:5

...

100% 101

.

Marietta & Cincinnati—Is % 7s,

2d. 85% Mississippi & Tennessee—1st, 8s, A
81
1st. 8s, tf
Mobile & Ohio—Sterling, 8s
81
Interest, 8s
2d, 8s

.

.

Atchison & Pike’s Peak, 6s, gold
Atlanta & Charlotte Air L.—1st pref.,7s.

2

104

83 J4
29

/.

Bid. Ask.

Memphis & L. Rock, 1st M., 1907
Mississippi Central—1st, 7s

Railroad Bonds.
Alabama & Chattanooga, 1st, 8s.

2
...

.'.

Richmond, Va.—6s
8s
:
Savannah, Ga.—7s, old
78, new.... 1
Vicksburg City
Wilmington., N. C.—8s, gold

9

'Special tar, class 1, 1898-99
do
do

•

102%
102%

due 1S87

6s, consol, 2d series
6s, deferred

Petersburg, Va.—63

•

73
71

•

North Carolina—6s, old, 1836 93. ...J&J 15
4s, old, 1888-98
A&O
oNo. Carolina KR„ 1883-4-5
J&J 70*
do
do
A&O 70
do
do
coup. off. J&J 50
do
do
do A&O 50




•

+ *

103
101

Funding Act, 1866-1900.

t’.i

a,

101
109

102%
-02%
10.%

Aeylum or University, due 1892
landing, due 1894-95....
Hannibal & St. Joseph, due 1836
'

a

28:

Stock

72%

8s, gold

100
101
110
101
101
102

..

68, consol,
ex-matured coupon

Orleans, La.—5s, premium.
Conso!., 6s, 1892

107%

Kentucky 6s
Eoaisiana—Consol., 7s, 1914

1861

8s

101
103
101
72

1879

coupon,

21
22
22

New

<

'HUnois--6s,
i |

.

4%

........

dorsed, 1885
7s, gold, 1890

.{(

.

73
48

44
20
4

■‘.ticut 6s , 1883-84
—Hs, 1879-80-86
w, 1886

"<2eor
7s,

7s,

......

33% 341/,

......

8s

70*'

'

evees

105%

1C6%
107%
1<6% 106%
108% 109
10 sx 106%
106
106%
103% 103%
104% 104%
100% 101
100% 101
100% 101
119% DO

coupon.1891
registered, 1907

7i

6s, new, new series, 1911
Virginia—6s, old

coupon

new issue, 1863.
3-2 «. coupon, new issue, 1865....

SOLD.

Bid. Ask.

6s, new, 1866

5-20s, registered,

AND

NEGOTIATED.

Tennessee—(Continued)—

10774 103
107% 108

Called bonds, registered

BOUGHT

A. SPECIALTY.

Bid. Ask.
Government

COMMISSION.

Ronds.

Canal-1st, 6s.

per cent

bonds.

90*

Past-Due Coupons.

Memphis City

coupons...
Soutu Carolina consol coupons,...
Tennessee State coupons

Virgiuia;pealer
Virginia

coupons
tax-receivable coupons.

25

35

20*
15

.

80