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:

nksto'

MMtallt
OF TIIK

im

FIMNCIAL CHRONICLE.
PUBLISHED ON THE LAST SATURDAY OF EACH MONTH
COffllHERCIAL

Furnished Gratis to

NEW
Bankers and Brokers.
J.

YORK, AUGUST

&

WILUAM

H.

and

iDvcsUneut Sccarltlea. Coleet Coupons and Dividends. NegoUato Loana and
draw Bills of Kxchango on London.
Agents for the sale of STEEL KAILS made b; the
l{A!lroad

sell

See quotations of Cltj Railroads In this papor

John

PITISBVKOU, PBNN.
ConstrucUon and Eqnlp*

menc ot Hallroads undertaken.

&

Co.,

BANKERS AND COMMISSION MERCHANTS,
3 Excbange Court, Ne«v York.

Hilmers,McGowan & Co

2,347.)

Com

merclal kills.

&

BANKERS,

No. 12

7t)

City.

SOUTHERN SECURITIES

Wm.

&

Fisher
BANKERS,

AND

Purchase and sell Governments and Coin.
Gold constantly kept on band for the supply of Merchants, for duties.
Bonds and Securities of every description bought
and sold on Commission Orders, wilch have direct
personal attention.
Especfiil uiteutlon Is given '.o Investment Securities
of the hiKher grades, quotations for which are furnished as required.

G.

W. Norton &
CASH CAPITAL

0. F.

45 WALL STREET.
DEALERS IN SPECIE AND UNITED STATES

Co.,

orders

f(,r

EXECUTED AT THE PHILADELPHIA
AND BOSTON STOCK EXCHANGES

UKDEIiS

STOCKS

and

BONDS

hold

SALEh' of

•STOCKS

all

REGULAR AUCTION
classos of

AND BONDS,

No.

mVLLER

&

Co.,

T PnjB STREET,

Antwe rp.

NEW

P.

F.

9,000,000 Francs.

FiLIX Grisah, President.
Alfbrd .MAQCiNAy (Graft & Maqnlnajr), Vtce-Prei.
J. K, VoN rKK Bbckr (B. Von der Becke).
Otto guxthkr (CoruelUe-Davld).
£m[IK de GOTTvL.
Fh. Dhasis (.Mlchlels-Loos).
Jon. Dan Fohkk >nn, Jr. (Joh. Dan. Fnhrmaan).
Lours Webkb (Ed. -^ eber & Cle.)

Rautinstealcu

(C.

Schmld

TRANSACTS
GENERAL BANKING

Keleher

&

Sl

Cle.)

A
BUSINESS.

Co., coniinissioN kierchants,

BANKERS AND BROKEN,

No. 305 OliTO Street,

AMSTERDAM, HOLLAND.
N. Y. Con-espondent<.—Messrs. BL.\KE BROS.

* CO

ST. liOuis, mo.,
But and sell Government, State, County. Township
and Municipal Bonds. Coupons collected. Missouri
Bonds a specialty. Foreign exchange bough and sold.

Swan & Barrett,
PORTLAND,

Street,

Henry

intAINE,

Dealers In Government, State, County, City and Railroad Bonds, Bank Stocks, &c.
Desirable Investment Securities constantly on hand

J.

33 Wall

St.,

New

York,

AND ALL

UJVE8TMENT A MISCELLANEOUS SKCUP.ITIES
* Co., Banken

Kefers by permlailoo U> W. S. NlchoU

King

&

Co.,

BANKERS,
CIRCULAR NOTES

Issue

avaUaMa

ftet oj cXargt,

paru of the world.

Orant

COMMERCIAL CREDITS

for

OM

acklait

Conslftnmenta of Merchandise.

Execute Ord«ra on the London Stock KTfh arg*.

Make

Alden Gaylord,

S.

4£ Pall IQbII, London, England.
IB all

COUNTY BONDS
SON, ST. LOUIS CITY &CLASSICS
OF

YOBS.

- -

BANKERS
AHD

DKALER IN

&.

Anversoise,

Adolph Boissevain & Co,

200 middle

WEDNESDAYS AND SATURDAYS.
II.

Centrale

CINCINNATI, OHIO.

OB

ADRIAN

Banque

Frank (Frank, Model * Cle.)
Aug. Nottebohm (Nottebohm Freres).

BANKERS AND BROKERS,

At Auction.
The anderslgned

Foreign Bankers.

BROKERS,

Stocks, Bonds, and Gold
Spt clal attention paid to

Investments.

RAILROAD SECURITIES.

AD.

$200,000.,

Eustis

York.

SPECIAL ATTENTION GIVEN TO THE NEQOTLA
TION OF

tJuLks

sell

on margin.

BANKERS,
New

KUKU^SESnjITDT

Haar & Co.
BANKERS AND BROKERS,

FKID. A. BSOWir.

BOARD OF DIRECTORS

LOUISVILLE, KENTUCKY.

George

BROWN.

Paid-Up Capital,

tV

fur cash or

H.

34 Pine Street,

BANKING HOUSE OF

STOCKS, BONUS and GOLD Bought and Sold on
Commission, and carried on Margins.
Deposits Kecelved and Intciest Allowed.
Accounts of Country Banks and Bankers re
celred on favorable terms:

sKCOUniES. Buy and

WALSTON

O. St. Jooir Snxr. (u>.

Walston H. Brown &Bro.

Dealers In Governments, Coin, Sc
luvestineut Securities,
OprosiTK Second St.
2 SOUTH STREET,

Transact a General Banking Business.

HKNOSTLXR.

Setd \M Orakt.

And

Francis,

* BANKERS AND BROKERS,
Broadivay Ac IS Nenr St., New York

J.

P.

Sons,

Correspondence soUcIte*'

&

INTEREST ALLOWED ON DEPOSITS.

A SrECIALTY.

Foote,
WALL STREET,

BUT AKD 8KLI.
GOVERNMENT BONDS, GOLD, STOCKS
.MISCELLANEOUS SECtHlITIKS.

Trask

Company,

BANKERS AND BROKERS,

BALTimoRE, mo.

Special atteatlon paid to the negstiaQon ef

Hatch

New York

State, Municipal and Railway Bonds and Coupons
bought and sold at best market rate;<. Investors or
dealers wlatiins to ouy or sell are Invited to communicate with uc.
Member of the New York irtock Exchange.

IN

FOREIGN EXCHANGE AND GOLD,
63 Wall Street, New York.
BOX

Manning,

BANKEK AND UKOKER,

Ed^ar Thompson Steel Co. (Limited),

(P. O.

B.

No. 14 \rall Street,

AND TUB

BROKERS

BROADW^AY,

NEW YORK.
No. 33
CITY RAILKOAD STOCKS & BONDS
TRANSACT A GENERAL BANKING BUSINESS.
BOUGHT AND SOLD.
STOCKS BOUGHT AND SOLD ON .;:'MMI8SIOH.

JOHHSTOWN, FE^N.,

R. T. Wilson

&

Grant

L. Grant,

No. 146

Cambria Iron Company^

All business relating to the

Bunkers and Broken.

I

WALL STREET,

ST.,

New York.
fiaj

31, 1878.

Bankers and Brokers.

I

S. Kennedy
Co.,
BJNK£RS AND inEHCHANTS,
41 CEDAR, COR.

all Subscribers of the Chronicle.

Collectloni on all Points,

liecelve

Oepo. t

and Cnrrimt Accounts on (arorabla Mmu, and 4c
Q«nerml London and Foreign Banking Buauwaa.

«

KING, BAILLIB dc CO., LlTerpo.l.
NKW YORK CORRK8PONDENT8,
neMrs. WARD, CAniPBEI.1. dc CO.

INVESTORS' SUPPLEMENT.

UNION TRUST

THE

8T8

No. 73 Broadvray, Cor. Rector

$1,000,000.

Guardian, Receiver, or Trustee, and

INFORMATION.

EDWARD

— National

Returne, &c.

as

Trade

Tonnaee of Trnnk Railroads and

The Money Market—
York, and Prices of Call

Loans and Commercial Paper since

Production, Exports and Imports of Gold and

United States.

Movement,

Prices of Gold in

&c., in

London, 183S-I877.

New York,

from 1862 to

Methods

TRUSTEES:

Alex. McOue,
Chae. R. Marvin, A. A. Low.
Baylis,

Henry K.Sheldon

Safe Deposit Co.
OF NEW YORK,

&

146

Presd't.

BROADWAY, COR. LIBERTY
In Its

Money

annum)

($15 to $200 per

ST.

;

Table Showing the Rate Per Cent realized on

BONDS, STOCKS, MORTGAGES WITH THE BOND,
WILLS, PLATE, JEWELIiY, VALUABLE PAPERS
$1 a year

on

»1,000 of

Reliable lufonuatlon cheerfully

CO.,

AND BROKERS,
ST. LOUIS.
References.— Messrs. Clark, Dodge & Co., Spever A
Co., New York E. W. Clark & Co., Philadelphia.
BANKB,US

;

18

Albert E. Hachfield,
WALL STREET, NEXT YORK,
DEALS IX

First-ClasB luvestmeut Securities,
CITV BONDS OF ALL KINDS,
Railboad Bonds and Soutukrn Sscubitibs of
ALL DkSCRIPTIONS.

WANTED.

Bonis, or a tenth of one pr.

ct.

Securities Purchased at different prices.

Southern Railroad Bonds, all kinds.
Toledo Logansport & Burlington Bonds.
Kansas Pacific Raflroa<i bonds.
Union & Logansport Bonds.
Indlar apolls & Vincennes Bonds.

McKim

&

Brothers

Co.,

RANKERS,

Geo. H. Prentiss,

New York.

City, Iowa.

Bonds.

KELEHJBR &

also

GUARANTEE,

I7NItER

Showing Accumu-

in a Series of Years.

Stock Speculation in

conferring with us.
furnished.

BUKGLAR-PROOF VAULTS,

RECEIVES OH SPECIAL DEPOSIT

Interest Table,

Defaulted

P« F.

tf.E.Pierrepont, Dan'lChauncey, .John T. Murtto,
Alex. M. Whif^.
JoBlah O. Low. Hipley Hopes.
Austin Corbin.
Kdiiiund W. Corlies.
Win. R. BUNKKR. Hwrretarv

New

City.

Iowa.

City,

Speclal attention given to Comprjmlslng. FnndlBg,
Buying or Selling Missouri County, TowDship and
Municipal Defaulted Bonds.
Holders ana dealers would consult their Interests by

Henry Sanger,

Rockwell.

140, 142

Investments of Financial Corporations in

lations of

transfer buoRs, or inuke purchase and sale of Govtni a^d oilier securities.
Religious and charitable institutions, and persouE
anaccustomed to tne transaction of business, wIH find
this Company a Bife and conveaient depository for
money.
KIPLKY ROPES, Prestdenr.
CHAS. li. MARVIN, Vice-Preat.
JEDexB M. CULLSN, Counsel.
ernri.

RENTS SAFES

Principles Relating to Investments.

Compound

Sioux

an(^

FRANCIS H. JENKS,

Prices in New York, 1870-1877.
Investmenta and Speculation-

York

D. H. TAIiROT,
General Land, Scrip and Warrant Broker,

(THE FIRST ESTABLISHED IN THE WOELD.)

of Qaoting.

SALE.

Reference.—First National Bank, Sioux

can act as agent In the sale or management of

1877.

Foreign Exchange-

FOR

A Choice lot of Lands In different parts of tha
West. Also, "Western Securities. A Choice InvoBti
ment. Address, for full particulars.

real
estate, collect iiiie' eel or rtlvldenaa, receive reiristry
It

The

Silver Question.

10 TO 12 Per Cent Guaranteed.

Brooklyn, N. T.

trator.

John P. Kolfe,
Thomas Sullivan, Abm. B.

Gold and Silver—

sts.,

BJ

IOWA, NERRASKA AND DAKOTA.

byBpeclal p^nrlfr r.nmt
receiver, truatee, guartllau, execu or or admliilt-

J. S.

1870.

Cltnlon

TO LOAN ON APPROVED SECURITY

Company is authorized

This

Commerce,

&

Cor. of MontagTie

Banlc Returns.

Canals.

Prices,

Wanted Money

The Brooklyn Trust Co.

Balance. U.S. Exports and Imports of Leading

tlie

Fresiaent.

Samuel Willets,
Wm. Whitewbight,
Geo. Cabot Ward
E. B. Wesley,
Thkodork Roosevelt.
G. G. Williams,
J. H. OGIIiVIE, Secretary.

Bank Figures and

— Foreign

and upwards, yielding

All these loans are carefully made, after personal
Inspection of the security, by members of the abora
Orms, who, living on the ground, know the actual
value of lands and the character and responal.
bility of borrowers, and whose experience In the business for the past SIXTEEN YEARS has enabled them
to give entire satisfaction to Investors.

EXECUTIVE COMMITTEE.

Gonunerrial—

Silver in

KING,

1.0(X)

Vice-Pfesident.
2d Vice President,

1st

M. McLean,
Augustus Scuell,

London— Money Market and

The

amounts of

J.

Currency Movemente.

New

CHAMPAIGN, ILL,
OFFERS FOR SALE
REAL ESTATE FIRST niORTGAGB
COUPON RONns,

Wk. Whitewkight,

Baukine and Financial—

Inflnences in

M. McLean,

J.

CONTENTS.

Articles,

a

Interest allowed on Deposits, which may be made
and withdrawn at any time.
N. B.— Checks on this Institution nass through the

Retrospect of 1877.
mercantile Failure*.

States

Is

FOB MONEY.

LEGAI. DEPOSITORY
ClearluK-House.

United

St.

In

-

tor,

New York City— Bank

A. C. Burnham,
Ptotablished 1861.]

f
EIGHT to
HAS SPECIAL FACILITIES FOR ACTING AS TEN per cent semi-annual interest, and negotiated
througli the houses of
Transfer Agent and
BURNHAM, TReVBT'ra SfATTIS, Champaian. IB
<t TULLEIS. Council Bluffs'lowa
Registrar of Stocks. BVBNHAit
BURMIAM <t BKYER, OrlnneU, Iowa.
Authorized by law to act as Executor, Admlalstra- BURNHAM, oRifSBr it CO., Emmetiburg, Iowa.

OF

United States

CO.

YORK,

CAPITAL,

A YEAR BOOK
FINANCIAL

NEW

OF

Review,

(ANNUAL.)

1

Financial.

Financial.

Financial.

Financial

[Vol. XXVII.

4T Wall Street, Neiv YorK.

Table Showing the Interest Cost of Carrying

Room

Stocks.

BROAD STREET.

30

S3.

GAS STOCKS

United States Debt and Secnrlties—
Debt of the United States; Terms of Payment,

State Debts

Rrooklyn Seenrltlea Bonebt and Sold

and Securities-

E.

State Debts and

Immunity from Proserution.
Prices of State Securities. 1860-1377.

payment.
Correnpondent8.
German American Bank, New
fork ; Louisiana National Bank, New Orleans; Bank
at Liverpool, Liverpool

—

Stocks

A SPECIALTY.

B. E. BURBU88, PrefiH.
;

IS^ItMINtiTON, N.
a

complete exhibit of State, City and Railroad
Secniities, is famished daring the year only
to regular subscribers of the Chbohicle, and

no single copies are sold. One number of the
SuFPLBHBNT, however, is bound np in the
Financial Rxtikw, enabling parties to purchase a single copy in this form.

&

of

J2 00
the Cohhkeclal , «„
* '"'
I

Fi.^ANCiAL Chronicle

WILLIAM

B.

DAKA &

(

CollectionB ntade on all parts of the United States

Manufacturers and Dealers in

THE CITY RANK OF HOUSTON,

DUCK

€OTTO]^

CAR COVERING AND CAR SEATS,
INCHES WIDE,
And all kinds of
^9^^,R^ CANVAS, SAIL DUCK, FELTING
RAVENS DUCK, SAIL
^^'i^,-^i-^i^^'^^TWINES, &c. " ONTARIO" SEAMLKsa

T9

A:

81 IVIIIIaDi Street, N. T.

ATWTIN rWABS, OLD UROAD

"AWNING

STRIPES."

&T.,

A full supplj",
109

LONDON

~

Also, Agents

United States Bunting

HENRir HERBERT,
t

BAGS,

CO.,

PUBLISHERS,

C.

BrinckerhoffjTurner & Co

14 to 1^0

Price In Cloth
"
To Subscribers

A. K. Wauueb, Cashier*

National Bank,

First

The

irlvcs

Co.,

Special attenl/on paid to collectlonn. with prompt
remHtaur:;e8 ai current rates of exchange on day of

Cash paid at once tor the above Securities or tneT
will be sold on commlsalon. at seller's ontlon.

Investors' SupplementThe Intebtobs' Supplement which

&

MORILE, ALABAin^l.

PiNE STREET.

Insurance

Bailroads of the United States.
Railroad Earnings.
English Railroad Laws.
Prices of Railroad Bonds, 1872-1877.
Prices of Railroad Stocks, 1860-1877.

WIT^tAMS, JNO. W. MILLIF,
UILLBR.

B.

BANKERS,

Dealings In

Railroads and their Securities—

'i.

Thos. P. Miller

Bailey,

S.
7

K

CHAS.

A SPECIALTY.

&c.
Prices of U. S. Bonds, 1860 to 1877.

Southern Bankcr§.
THOS. p. UILXBB,

all

DVANE

Widths and Colors always
in stoclt.

ST.,
Blbebt a. Bbinokekhoff,

HiNRY

Company

NEW YORK.
J.

Spinokr Turwkh^

D. PoLHEMus, Speciai.

Capital, $500,000,

H OUSTON

We ^Ive speclal attention

1

EXAS.

to collections

on all

acces-

sible points.

DiRKCTORs.— Benjamin A. Botts.

Pres't: C.S. Long-

cope, W..I. Hut;nin8. F. A. KIce, C.C. Baldwin, W.B.
Botts, Uob't Brewster.
BEN J. A. BOTTS, Pres't.
B. F. WEEMS. Cashier.
C, F.

PenzbL,

President.

J

STATE BANK,

(Incorporated

)

lUtS. {

C. T. WalKBB
Cashier.

German Bank,
I.ITTI.E
04PITAL (Paid-in)

ROCK, ARK.$75,000.

25,000.
SURPLDS
Prompt attention given to all business In our line.
N. Y. CosKxspoKDKNTs. Donnell, Lawaon * Co. and
the Metropolitan NatlonaUBank.

]imim* ^uptent
Oy THE

COMMERCIAL AND FINANCIAL CURONICLE.
PUBLISUED ON THE LAST SATURDAY OF EACH MONTH.
Furnished Gratis to all Subscribers of tlie Cliroiilcle.
yeu 1878, br Wm. B. Oah^ * Co.. In the oiBoe of the Ubnrlu of Conirne, WMhlotton, D. C.I

[Batered aocordlni to Mt of Consreu. In the

NEW

YORK, A( GUST

INVESTORS' SUPPLEMENT
OF TBK

Cniniuernal

mt

jFinanrial Cjironicle.

One i:uniber of
Rsvisw (Annua!) for 1878.

printed for subscribers only.
ttie

FiNANCiAi-

1878.

a hundred dollars cannot

the

SurrLEMENT

is

bound up

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

^VILLIAn B. DANA &
79

CO.,

WUUam

81

tt

PublUhers.
street.

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
purpose.

farmers of the West.

The Siipp'eraent is issued on the last Saturday of each month, containing
a complete exhibit of the Funded Debt of States and Cities, and of the Stoclis
and Bonds of Bailroad and other Companies.
It is furnished without extra charge to all regular snbscribers of Tiik
Chronicle; no single copies are sold at the offlce, as a snfflcient supply is
with

31,

Whether they

fact that the silver legislation

will recognize the

and the animus displayed

by members of Congress who voted for it, together with
the repudiation of many local bonds by towns and counties, are the direct causes which now prevent a wellto-do
farmer from borrowing money to improve his property,
remains 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

INVESTMENTS IN AUGUST.

an indispensable requisite to give borrowers in any

particular locality a standing in our loan markets, the

Dariug the month of August there was no striking

be wholesome.

effect will

These remarks are made with-

feature pertaining to the dealings in investment securities,

except the continued large

demand

out any political bias, and relate merely to what is
for United States believed to be the facts concerning the movements

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 subRailroad 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

Government

securities.

$1,000,000 per day

—the

purchases being largely

made some

and numerous orders
being received for small amounts varying from $100 to
$600. Afterwards, the demand fell off materially, and as
the autumn approaches, when business and politics begin,
there are two re.asons for a decline in the demand from
investors'&nd moneyed corporations, and the takings of
the four per cent bonds should materially decrease, It
is noticed, however, that the ease in money has kept up
for the account of private investors,

with

little

particular road.

some portions

of the

The

partial failure of

Northwest

affects

bonds

stocks, while the prevalence of yellow fever at

wheat in
than
the South
less

more serious effect in depressing the lower
bonds secured on the roads which will lose
business most heavily through the terrible pesiilence.
Of the progress of investments in Savings Banks in

has had a
classes of

the United States during the eleven years following the
war, the Boston Journal recently had some interesting

variation close to the 1st of September, while figures, which

at this time last year the rates for

materially on the

demand

to

move

money had advanced
the crops.

we quote below.
To txliibit its lull extent we may remark that in 1820 the
whole number of avings imnks in the Union was ten, and the
In 1876 the number of bauka
deposits amounted to |1. 138, 570
"

In regard to State bonds, some little excitement oc- had reached 7t)l and the deposits $941,350,255. Taking these
affecting five
curred from the discovery of what was supposed to be a latter deposita as, according to official esiiiuaies,
small over-issue of Pennsylvania bonds of 1852; but

it

does not appear that any fraudulent bonds have been
presented for payment, and
error in accounts
loss of State

may have

it

is

concluded that some

caused the discrepancy.

The

funds in Missouri by the failure of a bank

has also occasioned some discussion and reports of em-

barrassment

in the State finances,

but

in this case, as in

others, the extent of the difficulty has been exaggerated

— possibly for political

effect.
If New York and Boston
had the utmost confidence in the determination of the
people of Missouri to pay their State and municipal
indebtedness to the last dollar, such reports as that above
noticed could have little effect in the financial markets

persons besides the deposior, then it wit! be 8>-eii that the
3,308,630 dt-poBltora in the savings banks of this country a year
and a-halt ago represented a tot 1 of 11,7-13,150 per.nons direo ly
concerned in the st bili'y and prosperity of this class of fiduciary
institutions or, in round numbers, one quarter of the whole
American people, native snd foreign born. Another feature of
these statistics which will seem most surprising to many people
succeeding lliKt of
is the steady growth disclosi'diluring the ye\r.-<
the panic 1873. In that y^ar the total deposits were $803,303 609;
in 1874 they rose to $804 556,902; in 18;5, to $924,037,304; In
1876 to $!)41,3.')0,255— thus . shoeing an inciease of about
$139,000,000 during the years from the end of 1873 lo 'he end of
1876'wli'ich was equal to an average of $46 333 333 per year.
quote the statistics from the year 1800 to 1876, inclusive, the
former being the first year in which the number of dopositora

—

We

rose above 1,000,000:
Yfar.
186a..
iho;..
1S6S .
18fi9..

even for a single day.

1870..
1871 .
1-7*..
1878..
18;4..
IhTB..

The important business of lending money at the West
on improved farms has met with a most serions check,
and where thousands were readily loaned two years ago^ IM..

'SoiOt.

sw
371
401)

478
BIT
SS7
647

Ottn Aeeountt

Dtit

DmtUort.

l,087,0«l
l,188,?i»
1.»10,14t
1,4«6.«84
l,l*>,B4«
1,<H«,147

(<»,4SS,7M

1,8«,«U

887.00 >,4.tt

W

.T8l,t<18
4&7,i>7.>,090

M>.>7I S38
«. 0,748, >4S

«W

1,186.884

T<&.0M,8IK
8as.i»i,t»

898
771
781

i.tn.*n

8M.Ba8,M»

tSMStl

»M <l87,aOI

»,8.8:«O0

II4I.U0,»3

—

.

..

INVESTORS' SUPPLEMENT.

IV

[Vol. XXVII.

INVESTORS.-Continued
PRACTICAL COXCLVSIOKS FORFoot-yoU.)
(For Explanations

Net Earnings.

Annual

COMPANIES,

Interest

L6™^"'°5.''t
Out- Charge on
AND CHARACTKKISTICS OK BONDS BolUlS
StaudlUg.

OUTSTANDING.

Rlchniona
iBt

1

& Pet<T8burg—
1880

iiiort., 8«,

«
8t.

IstM.iSyr. No.),gii.ir.,i8, 1901
Coiisol. mortgage, 78, 1901
Croix & Penolisi^ot—
1st mort. (C. &. B.), 6s, 1879.
2d mort. (C. & B.). 6s. 1 879 ....
Calais loan (I-ewy's I.), 68, '91.
Louis Alton A Tene Haute—

St.

1 1st mort., 78, 1894
2 2d mort., 7s, 189-i
3 E<iuipm<>nt mort., lOs,
4 2d mort. (income), 78,

1880.

1894
Louis Iron Mountain & So.—

St.

.

$

$

Louis <fe San Francisco—
Ist mort. (So. Pac.), 6s, gld,'88
2 2d mortgage A, 68, 1906
3 2d mort. B and C, 28, gld, 1906
St. Louis & Sontlieastem—
1 1st mort. (Main L.), 7s, gld, '94
2 IstM. (EvanB. Div.),78,gld,'94
3 1st mort. (O'F. Br.), 78, gld, '92
4 1st mort. (E. II.& N.) 78, 1887.
6

Consol. mort.. 7s. gold, 1902

St. Ix)ui8

St.
1

s. f.,

2d mort., 7s,
2d mort., 78, 8.
Paul & Pacific

8. f.,

1897, guar.

1898

f., 1898, guar..
(1st Div.)—
Istmort. (LWin.), 78, 1894....

2 2d mort.(l.'JOm.&l'd gr.), 7s,'94
3 1st mort.(00m.& I'd gr.), 7s, '98
4 Consol. M.(210m.&l.g.),7s,1900
Pacilic (Br,ancli)—
St. Paul
1 Istmort. (lOni.), 8s, 1881..
2 Ist mort. (66m.), 7s, 1892.
3 2d mort. (7«m.<fe I'd gr.), 78,'92
4 Consol. mort., 7e, 1892
<fe

St.

Sandusky Mansfield

Louis —

ito4 1,120,000
ito4 1,120,000
lto6 1,543,080

388,830 Interest is paid on old St. L.
688,595 <fe I. M. bonds, but on other
588,322 issues only in part. Litiga-

245,599
394,475
709,181

184,200
295,850
531,830

420,000

245,599 Net earnings here given are
394,473 balance after all other pay289,181 ments, as per income ivoc't.

1875
1876
1877

675,047
739,126

506,285
554,345

449,262
544,682

225,785
194,444

1875
1876
1877

151,173
234,006
253,682

113,380
175,505
190,262

157,500
157,500

131,173 Defaulted in 1873, and in
76,500 hands of receivers since
96,182 November 1, 1874.

132,930
202,930
202,930

52,931 Le<ased to Terre H. & Ind. for
68,634 30 p. ct. of gross earnings.
70,399 Guaraut'd by Penu.Comp'y,

105,000

24,229 Interest in default since
96,603 June. '74. In hands of trus125,353 tees, and foreclosure pend'g.
Has a valuable land grant.

1875
1876
1877

.560.935

586,340
590,795

420,701
439,905
443,096

1,500,000
8,000,000
5,937.000
117,000
3,916,000

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

1875
1876
1877

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

6,000,000
2,993,000

420,000
209,510

1873
1876
1877

7,194,500
293,200
4,771,000

431,670
17,592
95,420

2,250,000
1,000,000

1.57,500

4,000,000
2,3(X),000

1,0.50

5,640

1,000,000
5,145,000

1.899,000
1,000,000
1,600,000

132,930
70,000
112,000

1875
1876
1877

185,861
271,564
273,329

139,396
203,673
204,997

1,500.000
1,700,000
5,700,000
1,500,000

103,000
119,000
399,000
105,000

1873
1876
1877

24 229
20l!(io3

18,171
151,202
94,014

120,000
366.000
1,096,000
1,114,000

9,600
25,620
76,720
77,980

187
187
187

466,000

37,280

1875
1876
1877

61,123

1875
1876
1877
1873

103,000

2,301,000

161,070

505,000
172,800
450.000
300,000

30,300
12,096
31,500
24,000

210.000
200.000
95.000

123,332
106,741
120,7,55

139,723

1&2
1&2
lto->

all
all
all

itos
ito3
ito3

tion pending.

80,056
90,560
104,792

1&2
all

1

1&2
1&2

1&2
lc&2

35,220
35,220
35,220

all

37,280

57,518

du

37,280

a ti'attic agreement
23,843 Has
48,855 with Michigan Central.
20,238

263,307
229,371
249,556

197,480
172,028
187,167

all
all
all

161,070
161,070
161,070

102,237 Leased to Central Ohio and
68,301 operated liv Bait. & Ohio;
88,486 rental $174,350.

24,363
30,984
15,035

30,300

32,484 Advertised to be sold under
H.is been in
11,012 foreclosure.
20,046 default since 1373.

I

1877

32,484
41.312
20,046

14,700
14,000
6,650

1873
1876
1877

168,004
147,434

126,003
110,576

all
all

35,350
35,350

1,994,000

139,580

1875
1876
1877

205,396
137,035
150,054

153,972
103,226
112,541

all

139,580

65,716 Leased to Northern Central,
137.635 which pa.vs expenses, inter150,054 est and 7 per ct. on stock.

874,500

61,215

1873
1876
1877

114,698
71,879
135,281

86,024
53,910
101,461

all

61,215

all

"6ii2l'5

53,483 Operated in connection with
71.879 Atlantic & Great Western.
74,000

1875
1876
1877

127,786
118,927
138,376

95,840
89,195
103,782

all
all

14,000
14,000
14,000

113,786 Leased by N. Y. N. H. & H.
104,927 Co. at $100,000 peramium.
124,376 All steel rails.

97,680

50,161 The 8ub.sidy int. is p.iid by U.
123,974 S. Treas. <& cliargcd igainst
113,860 Co. Divs.i>aid ou prof. st'k.

&
&

2
3

,

The guaranteed

Shenango & Allegheny
1st mortgage, 78, 1889.

Shore Line1 1st mortgage,

7b,

1880.

200,000

Blonx City & Paeiflc—
1 1st mortgage, 68, gold, 1898
2 Gov't subsidy, Gs, 30-year bds

Sioux City & St. Paul—
1 Equipment, lOs
2 1st mort. (1. gr.), 7s, gold. 1901
3 Istmort., 8s, currency, 1901.
4

2d mort., 68

South Carolina—
1 Istmortgiigc

1888...

a Sterling loan. 5s, 1888
3 2d mort. ($:t,000,000), 78, '82
4 Real estate, 78, 1891
B Domestic bonds (I.), 78, 1891..
8 Domestic hda, 6s,due 1882 &c.

Southern Central—
1 Istmortgagc, 78, 1899
2 2d mortgage, 7b, gold, 1882...
Southwestern (Ga.)—
1 Ist mortgage (8. W.),

78,

1882.

14,000

,628,000
1,628,000

97,680
97,680

1875
1876
1877

147,841
125,974
112,860

110,881
94,481
84,045

131,500
500.000

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

1875
1876
1877

75,746
116,155
113,488

56,810
87,116
83,116

74.375
74,133
84,435
4,222
73.815
3,810

1873
1870
1877

430,006
483,938
432,674

337.305
362,934
324,506

105,000
42,000

1875
1876
1377

210,154
214,028
123,313

1.57,616

600,000
391,000

27,370

1875
1876
1877

266,735
169,371
223,678

200,051
127,028
169,259

1

1,240,000

503,000
(L.), 7s.

71,521 In hands of trustees, and in
85,,535 process of foreclosure.

104,503

187(i

Seaboard &, Roanoke—
1 l8t mortgage, 78, 1880

1

& Pac.,
Sept. 7, '70. 1st M. (So.Pao.)
is paid from sales of laud.

I

1 Ch.as.
Sav., 68, guar., 1877..
2 Sav. & Chas., 7s, guar., 1889
3 Ist mort. (8.
C), 7s, 1889.
4 2d mort. (S.
C), Ss, 1891..

Guar.auteed, 78, fltoek
2d gnar.inteed, 78, stock
Shamokin Valley & Pottsville—
1 1st mortgage, 7s, gold, 1901

all

45,842
36,641
43,139

48,8.55

Savannah & Charleston—

&

all
ail

Re-organizat'n of Atl

70,000
7,350
70,000
360,150

& Newark-

Consol. mort., 78, 1902

1

1,131,623
1,350,446
1,598,927

154,000
196,000
30,000
119,000

1902

Ist mortgage, 88,

1

180,935 Main lineleas'd to Ind'polis &
206,540 St. L. and $450,000 p. ann'm
210,795 guar. Guarantors deo4ine to
pay more than $300,000.

2,200,000
2,800,000

*

Saginaw Valley

380,000
380,000
380,000

16,682
13,727
13,278

& Terre H.—

Vandalia

Istmort., 78,

1

2
3

..

9,841 This road la to be extended
5,900 to a couueetiou with the
5,302 Emoiieau & No. American.

22,243
18,302
17,704

&

J

12,402
12,403
12,402

1875
1876
1877

.300,000

St.

105,209 Default ou April (1878) cou119,912 pon of consolidated mort84,643 gage.

3,712

1,700,000

&

139,993
139,993
234,493

93,200
17,500
94,000

.

&

00,751 Tlie road is now itaying divi42,596 dends Jan. and July, each 2
29,771 per cent.

1S75
1876
1877

330,000
500,000
4,250,000

$

17,500
17,500
17,500

55,993
84.000
70.000
24.500
35,000
297,500

799,900

14,000
3,500

REM.4KKS.

G.

F.

$

$

183,947
194,929
239,352

1,200,000
1,000,000

Balance of
can tolal net
be paid from earnings
net earnings, over said
less 25 per ct. interest.

Int'r'Bt that

D.

245,262
259.905
319,136

.

I. M.), 78,'92
1 l8t mort. (St. L.
2 istmort. (Ark. Br.),78,gld,'93
3 Istmort. (C.A.&T.), 7s,gld,'97
4 l6tM.(C.<feF.,Ark.),7s,gold,'91
I. M.), 7s, gld,'97
6 2d M. (St. L.
« Income (C.iS:F.,A.),78,conv.,'88
7 Consol. mort., 78, gold, 1914.
North.—
St. Louis Kans.as City
1 Ist mort. (No. Mo.), 78, 1895 .
2 Eeal estate and EK., 7s, 1904

C.

1875
1876
1877

175,000
50,000

.

1

2
3

s

Less
25 per cent

58,688
45,072
35,453

to '86

New mortgiige, 7s, 1915
Rome Watcrtowii A Ogdensb'g—
'80
1 W. & K., I8t iiiort., 8. f., 7»,
2 K. W. & O., Ist mort., 7e, 1891
'2il niort., 7s, 1892.
3
do
< Ist M. (O. & R.). guar.,7.s, 1915

B.

Amount.

78,251
60,096
47,271

i

6

Total

saidBonds.

A.

fee

1,062,500
1,482,667
1 ,206,500
60,313
l,0S4,.3OO

63,500
1,300,000

all

1&2
1&2
1&2
all
all
all

48,150
48,1.50

48,150

314,810
314,810
314,810

132,654
112,084

27,590
08,005
65,338

stocks are

secured by bonds in trust.

Int. was
'76-'77.

not all paid in 1875except ou the enuip-

meut bonds.

135,190 Floatin.- debt. $1,000,000,
l(i9,128 anil l);il;im-cof 3<1 mort. bds
117,81)4

(.tl.79;j,."i()(l)

Iiypotliecated.

Scheme for scaling 2d mort.
b'ds 30 p. e. aud replacem't
by new 23-yr. 7 p. c. bonds.
160,521
92,485

all
all

147,000
147,000

63,154 Falling ofT in 1877 geueral,
67,028 but chielly in freights.
133,313

all
all
all

27,370
27,370
27,370

239,365 Leased to Cent.of Ga. for int.
142.001 on bds.&7 p.e. onstk. I>eii9e
198,308 provides for cousolidation.

—

Note These tables are intended to show the railroad bonds on which interest has been earned by llie roads Ihemsclren on which the bonds
are secured, and not those on which interest is liald b.v lessees without being earned. In the first column, giving names and description, the small
tlgures at the left are simply for reference in tlie subsequent column"!'"." In the first column of figures, "A," the (ote( oitlslandiHij amount of
bands of the roa<l is given In the column " B," the annual interest charge on such bonds in the column " C," the last three years for which
earnings liave been reported are given, tlie fiscal year of the company in e.ach ease being intended the column "D" shows the total amount of
tnienet eaniings, 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
"()'' shows the siiri'his of lolnl net earnings 'those given in column
"D"), after p a.viug the classes of interest siieclUed.
;

;

;

;

[To be Contiuucd in next ".Supplement."]

..

"

:

"

STOCK AND BOND

T ABLES.

NOTES.

I

TtaeM
'«ek

A

to

lnt«iulc<l

CiiRomoLB— to wbloU »n Imlcx
(livxrliitlou of U. S. Government

the

111

full

out"

WbiM areerpreMly

be

InvMlment intttt«n, piilillnhrii fii,.j week to
tho remurkii at the foot of tbo tablon. Anuual rt-iwru are Id blttcktatHMl flKures.
imbllsbed regularly lu the Ciikonicuc eaob montb,
soon aa tbe ofllclal "Debt Slate-

u«c<l In roiiiicctlon wltli tlio liiformntlon conconiltiK

Is fiirnliibcil In

Beouritloe Is

m

U Isnllrd.

Stocks and Bonds are quoted weekly In tho Ciironici.k.
each ooliinm of tbe tables below
D«»m/)(ion.— KallroiwlHleasml to others will ofton bo found under tho Icsanc's name. The foIIowlnR abbroTlntlona frequently occur, viz.: M. fot
'""'
" siukluK fund," I. gr. for " land grant," reg. for " reglstciod," coup, for " coui>on," Br. for " Branch," guar, for " giuu-antMd,"
Riort4|!«K>'>" *• fud. for "rudursrd."
Dale 0/ /(oiirf*.— The date of Issue on the face of the bond Is ^^^f»rrod to lu this column.
Mile* of AVxirf.—Opposite Stocks, this means the miles of ruad oiwruted, on which the earnings are baaed opposite bonds, the mile* covered
y theinoilKiiKO.
Siteorl'iir rn/iie.— These llgui-es are dollars, showing the ocnonilnntionHor nar vnluc. Tho figures "100, Ac," signify ICIOO and larger.
Jlate I'er Ceii/.— The Interest per (iiiniim is given forboudii, but tho per ec>nt of 7((«/ dicUlfnd fur stocks; o mpjins gouf; i, extra; », Htock or scrip.
Whrn Vayable.—J. ^i J. stanils for Jan. & July F. * A., Feb. <k Aug.; M. & 8., March & Sept.; A. & O., April & Oct.; M. Si N., May & Nov.; J. A
).,Jnno& Del^.; IJ.— J.. <iiiarterly from January Q.—F., quarterly from Feb.; 0.—M., quarterly from March.
Sondt, prhieiiHit ir/icii due ; SliteKit. Uist dividtnd.—TliK date in this column shows the period when tho principal (alls due of Oondi, bat the time
rhen the last lUvidcud was paid on itockt,
rrlct'8 of ull

Tbe

folliiwIuK will Klvo explauatlons of

;

;

;

^_^

STATE SECURITIES.
Knbanrlbera vrWl cnnfer » great twta' by glvlig ItnmedlHte notice at

DESCRIPTION.

Date of

Size or

Amoimt

par

Outstanding

Bonds.

Value.

For explanations sco notes above.

1876
1876
1876

./otafflo-Sulistitutlon bonds (A) ($7,000,000)
Bubetltut'n b'ds for RR. (B) (|59tj,00O)
for Ala. & Clmtt. (C) ($1,000,000)
do

$100&c.
100 &c.
100 &o.

Edncational funded debt
'1874
Funded " obligations "
Irfcawww-Knnding lioiids of 1869 and 1870.. 1869 to '70
1870
t'nndlng Bonds 1870 (llolford)
1871
Levee bonds (or warrants)
1838 to '39
Old unfunded debt, inelndlug Interest
1874
Ten year b'ds. Act May 29.*74
1875
Secured sinking fund bonds (Act. Dec, 1874)
1869
l{;iiliO!Ul
Koek
Menipliisi
Little
To
1870
To Little KiKk & Fort Smith Railroad
1870
Bluffs
&
N.
Orleans
RR..
Kock,
Pine
To Little
1870
To Miss., Onaeliita & Red River RaUi-oad
1870
Arkansas
Railroad
To
Central
1863
•^•nte scrip
1863
.rii ill— Soldiers' relief
1870 to '72
e capital bonds
1873
luled debt bonds of 1873
1863
ff (iVii/— War bonds, 'JO year
1 Coupon
ir bonds, 20 year
or
1864
>
1865
do
not taxable, 20 year.. ) regist'd.
w I>oiids, coupon, 10-20 year
1877
nf Volumhia— Penu*t inip*t, gold, coup
1872
timanent iniproveraeut bonds, couiron
1873

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

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

•

1

.

,

1,000

500 Ac.

—

1876

various State purposes
iilary loan
-miiH— Bonds for relief of State Treasui-y
lids in aid of various railroads
\cc bonds

.

1861
1861 to '69 100 Ac.
1861 to '75 190 Ac.
1864 to '65
1853
500

— Act 3.> of

1805
Act 115 of 1807
special— Act 32 of 1870
Ill inds
funding e<m pons
do
to BiH!iif & Crocodile Navigation Co.
I

.

Issued to State Penitentiary

I'xinta.— The State gives 30-ycar bonds, dated
ISTfi. bearing 3 per cent for 5 years. 3 per
1,
r<ir next 6 years, 4 per cent for next 10 years,
\KT cent for last 10 years, for old bond-', withailinvanco for pa«t-due cnupons.
Ala.
endorsed bonds uru excliaiiged (for $1,000,000
:;'•
new bonds, class C, which bear a per cent
e vears and 4 per cent for remaining 2» years).
"i

my

A

— ad

endorsements the bonils issued
An analysis of the debt and Inndnas la in V. '^4, p 28.
There were
1 railroad obligaiions nnprovidcd for in
-iiient.'" Tiic value of all taxable property
The as•^160,000,000;
tax rate, 7 mills.
iitlonof real estate in 1876 was $8«.874,ii, p. 89, 40, 397, 682; V. H, p. 28, 420; V.

railr.

rent.

.

.

91.1

t/in/ia^.— The State Supreme Conrt has decided
.vc bond« of \Hk9 and ISTt) invalid.
Itaiu of tax«Uon, 10 mills. The State is in default for interest,

7

500
100 Ac.
1,000
1,000

431,000
1,810,000

7g.
g.

t'-

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

A.

5

M.

««•

J.
J.

3-65

F.

7
7

J.
J.
J.
J.

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

A
A
A
A
A
A
A
A
A
A
A

exMpt on the ten per cents of 1-74
linking fund bonds, isifued under ihe law of Decern

Assessed valuation of taxable property,

1*1,095,343. (V. -a. p. ITt; V. 54,
V.25, p. 161; V. 27, p. 16,40.)

p

88, 42

,

4tii,

E64:

279,000
786,100 5,
251,500
350,000
7
923,100 7 A6
4,000,000
800,000
3,600,000
7
2,097,000
7
307,500
7
800,000
8
542,000
7
2,298,000
6
224,000
6
23,000
6
86,000
6
142,300
6
200,000
6
510,000
6
3,904,783
6
300,000
7
101,175
6
739,000
7
2S9.000
7
63,500
6
28-1,000
6
57,000
8
112,000
6
49,000
8
4!l,500
6
80,000
8
12,000
7

g.

Co/irorafa.-Thc State holds In trust for School
University funds the 1:600,000 Capitol bonds
•ad »2.063.<ioo of bonds 1878. ToUl valuation of
property. I«-G and 1877, was as follows: Real estate,
$llii,8lo.nS3 in 1877, against »4M.'JS0.a';i in 1876;

wd

g-

personal property, *ia9.243,29a in 1877, against
|18»,«i7,o»i lu 1816— tot»l, $«18,08S,815 in'lSrr,

N. Y., Union Trust Co.

July 1, 1884,
1899

1900
1000

da

do

J.

J.

New York, Latham, A A Co.

O.
O.
O.
O.
O.

N. Y., Union Trust Co.
do
do
do
do
do
do
do
do

1884

.

Sacramento, Treagnry.
do
do
do
do
Hartford, Treasury,
do
do
do
do
O.
N.
do
do
J. N. Y., First National Bank
J.
do
do
J.
J.
J.
J.
J.

A.

V.

8.

Treasury.

J.
J.
J.
J.

Variouf.
Varioui-

AN.
A 8.
J. A J.
J. A J.
M. A S.

119,000

Amounts

not
fimdablc, i>cr
rei>ort of Jan.
1, 1878.

M.
M.

—

&

Montgomery.

J.
J.

N. Y., Importers' A Tr. B'k.
do
A "j.
do
A J.
F. A A. N. Y., Fourth National B'k.
do
do
J. A J.
do
do
Q.-J.
do
do
J. A J.
do
do
A. A O.
do
do
J. A J.
do
do
J. A J.
J. A J. N.Y., Am. Exchange Bank.
do
do
J. A J.
do
do
M. A S.
do
do
J. A J.
New York.
J. A D.
do
A. A O.
Various
J. A J. New York, Konntze Bros.
N. Y., Donnell, L. A Co.
July.
do
do
J. A J.
do
do
J. A J.
J. A J. $15,000

576; V. 23, p. 212.)
Georgia. The constitntional amendment in 1877
declared" void several issut-s of l)onds and railroad

Florida RR. has
Tho So. Ga.
1464.000 of bonds endorsed, but the Conjpany pays
iuterest and the road Is estimated to be nearly worth
Ihe bonds. The total State debt is $10,901,500. Assessed value of property in 1877 was as follows:
Lands, $88,8^3,514; city and town property, $8l.2j9,7:16; total, Including personal. *23.5,65S,.'H'>, against
taiS,853,-50 In 1878 and 8261,755,884 In 1875; rate of

d rsements.

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

do
do

J.
J.

against $595,073,177 in 1876.
Tax rate for 1876-7,
73>i cents per $100.
Connecticut.— T'jc debt of Connecticnt was all
created originally for war purposes. Assessed value
of real and i)ersonal proi«;rty, 1877, $314,406,977;
rate of taxation, l)i mills. (V. 24, p. a8'. )
District of Cotumt>ia.—'The total assessed value
of taxable real ettate in 1877 was 8!n.60'.l,8!)0; personal property. $21,1100,000. The interest ou the 3-65
bonds is provided for by Congress. See law of 1878,
V. 2i. p. 51)9 (V. 22, p. HI; V. 23, p. 5-12; V. 24, p
39; V. 26, p. 699.)
.Korirfa.— Less liic sinking fund of JlSO.TOO.and J.
P. and M. loan, the total debt Is $1,384,100, which
docs not include $1:12.000 bonds of 1357, h -Id by
Indian Trust Fund. Coupons of ihe consol. bonds
are receivable for taxes.
Real and personal pioperty .".sacssed in '77at $.30.S98,217; tax rate, 9 mills.

ei

New York,

J.
J.
J.

1899
1900
1900
1900
April, 1900
1883
1885
1893
Jan. 1, 1883
Jan. 1, 1884
Oct. 1, 1885
Mayl, 1897
July 1, 1891
July 1, 1891
Aug. 1,1924
July 20, 1892

Washington, D. C.
do
Oct. 1. 1901 to '03
New York and Washington
1892 A 1902
6g.
Jan. 1, 1879
6
Washington, D. C.
do
At pleasure.
6, 7-3 Various
1879-'84
do
6
Q.-J.

The Jacksonville Pensacola A Mobile RR. loan is
In litigation, and the Stite Supreme Conrt has dcand secured ciued that tile State is not bouud for It. (V. 23, p.

-.

her, ]M4.

1,000
1,000
1,000

1866
1867
1870
1866
1870
1869

do
do

'U>

....

(non-negotiable)

-War and defense bonds
'W— Bonds, l.SGl to 'ti'J, funding, &o

7

6
6

'isVi
1873
1.000
1870
1 000
Pensacola & Mobile RR.
1858 to 'GO
500
Ifoiviu— Atlantic i Uulf Railroad bonds
1866
500 Ac.
Bonds, act of Mar. 12, 'GO (renewal W. & A.)..
1870
1.000
Quarterly gold bonds, act of Sept. 15, 1870..
1872
1,000
Bonds, act of Jan. 18, '72
" uds (or funding (.\ct Feb. 19, '73)
1873
250Ac.
1876
1,000
!itl« to fund coui»ons ou endiprsed bonds...
1877
1,000
itids exchanged for endorsed RR. bonds
1,000
iiots
Kefunded stock bonds
1,000
Normal University bonds
1,000
Tliorntiin loan bonds
100 Ac.
";ir bonds
i876
.'/HO— Bonds, short loan

rids for

J.

1,318,500
1,741,100
1,031,000
4,000,000
670,000
13,743,250
150,000

1,000
1,000

to Jaeksouville,

lids, short liian
1h»o1 fund bonds

6
7
7
7

7

Gerporiition of Georgetown, registered stock.
Voritfn— State bonils
Consolidated gold lionds ($300,000 arc 7r). . .

' (

J.

500,000
2,801,000
877,000

100 &c.

J.
J.
J.

7
10

A8

5

In theae Table*.
INTEREST.
Prlnolpal— When
When Where Payable and by
Due.
Payable
wnom.

J.
J.

6
6

500 &c.

1874
50 Ac.
Fund. Ip'ds (U.S. guar.,ActsJune,'74&Feb.,'75)
1872
50 Ac.
Market house bonds, coupon
1871 to '73
1,000
Water stock bonds, coupon
1872
100 Ac.
Wash, fnnd'g. glil,($l>(i0.000 M.&N.,due 1902).
1809
Washington ten-year btuids (Boweu)
1828 to '68
Other \Va«bingt4)n debt, reg. stock

I

8'

95,.500

I

Loan

2 Ac.
5
2 Ac.

500 Ac.

1

I

$0,210,000
536,000
515,000
2,810,670
1,000,000
1,886,000
1,316,000
1,986,773
1,985,955
258,300
375,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
1,353,120

Rate.

unr error dUeornred

80,000

tax in 1877,
p.

89.

Jan; 1,1903

1881 and 1886
May, 1886
Oct., 1890
July, 1892
April 1,1879 to '86

July
Jan.

1,
1,

1890
1889

Various
Jan., 1880
Jan., 1880
Jan., 1880

Dec. 1,1879
April 1, 1879

July "iV 1831
1883 to '84
1878 to '99

1884 to '9»
July, 1893
1872 to 1906
1880
May 1, 1907
March 1, 1875
1886 A '88
Jan. 1, 1890
March 1, 1909

Governor's Message, V. 34,

live mills.

(V. 24, p. 89, 152; V. 25, p. 188, 162.)
is also about $300,000 of Int.
inscribed stock, due Jan., 1878, yet oat.

/atnoi*.— There

bonds

The Illinois Central Railroad charter tax on earn,
lugs contributes over $300,(XiO per year to the State
revenue.
For ;877 the total aisessed vainn as
equalized by local assessors was: lands, $4^1,704,town and city lots, $208,521 ,'Xj7; total, $898,458.315; total as equalized by State asseasirs, $831,190,308. Slate tax in 18:6, 2-8 mills.
(V. S4. p. 40.)
/ndiona.— There are also $189,000 of C per cent
!I84;

war loan bonds.

There has been Pome question aa

A

to the State's obligation to pay the Wabash
Erie
Canal debt. Valuation, 18.7. of all taxable nroperty. $81.5.190,125, against $864,730,440 In 1878 and
law
$897,739.78.) in 1875. Tax rate, 13 mills.
perniliting towns to issne bonds was passed
187S.
similar law was passed for counties. iV. 19, p.
493, saii; V. 21, p. 85; V. 42. p. 1C4, SOU, 615.)
A'anitos.— Kansas has but a small State debt, bat
the issues of municipal bonds have been lain*.
The valuation of real and personal property
In 1877 was $186,018,113. against $1«2.I44.:80 hi
Tax rate, 5V mills for State parposea.
1876.
State funds hold »6I0,925 of the bonds. (V. S4, p.4a)

A

m

A

iOKWta;:a.— The funding

bill passed Jan. »4, 1874,
per cent of the face value.
Funding was resumed May, *77, subject to Snpreme
Court decision (Sec V. 24, p. 5:9). Newbondswere
In '78, and their validity
voted forN O. A Pac
is aiiirnied by the Sapreme Court, hot the Oovemor

scaled the debt

down to

1

RR

)
.

.

.

'

STATE SECURITIES.

VI

For explanation see notes on

first

,

.

Bonds

for N. O.

&

Pacific

Date of

Size or

Amoimt

Bonds.

par

outstanding

-. --

RR. ($2,000,000) ...

Coup.
or
Bomitj'loan bonds
regisdo
do
f
-J tcreU.
Municipal war debt assumed
lfnr«(anS— Baltimore & Ohio Railroad, sterling
Chesapeake & Ohio Canal, sterling

Maine— War loan bonds

I

I.

-

Kallroads and canals

$1,000

1870
1869
1869
1857
1870
1871
1869
1874
1878
1863
1863
1864
1868
1838
1838

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

Salute Marie Canal bonds
Jfinnesi5(a— State BuildiugLoan
State Building loan, coupon
Railroad Bonds (not recognized)
Jfasoiiri— State bonds
Consolidated bonds
University and Lunatic Asylum bouds
State Bank stock refunding
Bonds to North Missouri Railroad
Bouds to Cairo & Fulton Railroad
Bonds to Platte County Railroad
Bonds to Iron Mountain Railroad
Pacific Railroad of Missouri

Funding bouds
Renewal bonds, coup., 5-20s, (act Mch. 29,
Hannibal & St. Joseph Railroad

'7f

do
renewal
do
Sebraska— Bonds (act Feb. 14, 1877) coupon.
.^csada— State bonds
Terntorial bonds
Kew Hampshire — War loan, coupon bouds
Municipal war loan
State bouds
Ifetc Jersey— War loau bonds, tax free
War loau bonds, tax free
do
do
taxable

.

New York—
Under

Art. 7, Sec. 3, of Conand Art. 7, Sec. 12

stitution,

"1

7
6
6

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

3,-599,024

100 &c.
500
1,000
1,000

500 &c
*100 &c
£200
£200 &c
500 &c.
iSlOO

200 &c.
£500

1,000
1,000
1,000

1875
£500
1863
1,000
1865
1,000
1859
1,000
1869
1,000
1873
1,000
1858
1,000
1,000
1865 to '66
1868
1,000
1872
1,000
1874
1,000
1854 to '58
1,000
1,000
1857 to '59
1,000
1859 to '60
1854 to '59
1,000
1853 to '59
1,000
1874
1,000
1875-6-7
1,000
1857 to '75
1,000
1874
1,000
1877
1,000
1871
1,000
1872
1,000
1864
1,000
1872
100 &c.
1873
100 &c.
186]
100 &c.
1863
100 &c.
1864
100 &c.
^-35
1875
1872
1873
«S52
1873
1874
M.3r

declined to sign Ihera and the qucslion of a manda-

rate 2

chase of bonds.

compel him

is

d^'Cidea in his favor.

The

The gi-o?8 revenue in 1377 was
and expenses. $-^,; ia,41i State tax rate,
mills.
(V. 24. p. 469, 519; V. «5, p. '.<0; V. iii, p.
315, 31i, 463, 470, 623, 6-«: V. 37, p. 41, 12.', 200.)
personal, *.%,468,835.
$a,(i06,3.51,

U>i

ifatjM.— The sinkinf; funds ($911, 4.36), January,
1878, reduce the total debt to a net amount of
»4,962,1h4.
Valuation of total taxables in 1875,
$21>5,000.000; tax rate in 1877, 3 mills.
For 1878,
treasurer advises 3X mills.
Jfor!/(on(i.— The uaseesfd valuation of property in
1871 was $478.468,'J2i, on which the rate of taxation
was 17X ceuts per $100; receipts from railroad,
canal and other stocks owned by the State was
tmVSC. The State has largelv assisted canals and
railroads, and holds $4.2;35,7Ubf stock? and bonds
ranked as productive, leavini; $6,396,.322 of deot
without any oflset: the State also holds $33,300,082
in unproductive Bccurities.

Mattackusetls.—AM interest on the funded debt of
Hasaachasetts is piid in coin.
Tlie credit of
the State stands nigh in Lunrlon and at home.
Daring 18i7 the funded debt was rednced
$310,lii 0.
The sinking funds in January. 1878,

were $10,835,09
The Hoosac tunnel has cost the
State about $17,G60,07O,includlng interest paid. Real
estate assessed in May, 1877, »l,191,499,-i28, against
$l,»>a,142.:t26 in IS?-; personal, Inclufiing bank
1.

shares. $nfl)."S',5 4 In 1877, agaiii-t j:!)37,7l)3,263
in IS?*. Deposit-' in savings banks, November 1,
1877. $243,97^,325; corporation property above real
estate and m^ichinery, $72,530,016.
The loan to U.
B. Railroad was secured by deposit of $8,600,H.
000 " Berdell " mortgacre bonds, afterwards exchanged for N. Y.
N. E. RU. stock, and had
Bsinkingfundof $1,027,879 January 1, 1871. (V. 23,
p. 854; V. 26, p. 40, 683.)

A

&

Michigan.—"Vhe debt has been largely diminished
few years. Assessed valuation of real
and personal property, 1877, $630,000,000, and tax

';(

A.

260,000

48,000
70,000

Various

&
&

J.

A.

8

£200

Various.

mus

assessed value of real estate lu 1877 was $133,164,817;

in the last

1,624,500

J.

.

Canal debt,

to

6
7-30
8
6
8
8

1,000
1,000
5,000

&c

1,000
500 &c.
100 &c.

1875-'76

War Bounty Bonds

&N.
& S.
& O.

M.
M.

$6,000
260,000
10,000
48,000
70,000
2,500,000
875,000

385,000
307,000
2,330,000
2,826,900
2,010,000
2,502,555
155,615
31,069
269,000
528,355
298,435
62,605
3,326,750
225,000
465,000
691,291
500,000
220,000
888,000
200,000
4,379,500
4,000,744
999,944
554,180
966,500
2,952,400
5,598,912
1,497,980
700,000
1,300,000
200,000

500'

1839
1837
1870
1839
1839
1868
& '74
1870
Deaf and Dumb Asylum Loan
1872 & '76
Maryland Hospital Loan, 10-15 years
1872
Maryland State Loan
1878
Ti-casiiry relief loan, 10-15 years
1861 to '62
Uassachiiselin—Btic^ Bay Lands Loan
1863
Coast Defense Loan
1863
Bounty Fund Loan
1864
Bounty Fund Loan
1864
do sterling
do
1869
War Loan, sterling
to '61
1858
sterling
Troy & Greenfield Railioad loan,
1861 to '63
home
do
do
1868
sterling
do
do
1871
sterling
do
do
1875
sterling
do
do
dollar bonds 1873 to '74
do
do
1875
do
do
do
1860
Southern Vermont Railroad Loan
to '69
sterliU;
1868
&
Erie
Railroad,
Boston, Hartford
1874 &'76
Harbor Land Improvement (5-208)
& '76
1874
Hospital
Dauvers Lunatic

New State Prisons, sterling
ichigan—Tvfo Million Loan

Rate.

J.

O. 2,500,000

A.
g.
g-

J.
J.

J.
J.
J.

6
6

6

J.
g.
g.

g.

J.

5g. A.
5

g.

5g.
5g.

J.
J.
J.

5g.

.1.

5

g.

5g.

700,000

A.
A.

g.
g.

5
5

5

&
&
&
&
&
&

J.

g.

O.
J,

J
J.
J.

A.
J.
J.

J.

cfc

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

5g. Various
5g. Various

439,000
2,727,000
401,000
104,000
1,945,000
304,000
504,000
1,361,000
2,971,000
1,000,000
4,350,000
1,518,000
1,482,000
549.267
160.000
380,000
600,000
2,20P^100
500.000
700,000
900,900
595.400
473,000
1,562,900
847,500
4,302,600
2,000,000

6
6
6
6
6

is

6
6

7
7

7

6
6
6

6
6
6
6
6
8

9>3&1C
9I2

6
6
6
6
6
6

6g.
6g.
eg.
6g.
6g.

& J.
J. & J.
M. & N.
J. & J.
J. & J.
J. & J.
J. & D.
J. & J.
J. & J
J. & J
J. & J.
J. & J
J. & 3.
J. & J
J. & J.
J. & J,
J. & J.
J. & J
J. & J.
J. & J.
A. & O.
Various
M. & S.
M. & S.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
& J.
J. & J.
J. & J.
J. & J.
A. & O.

applied to pur-

Mlntie^ta.—A\\ 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.
proposed constitutional amendment in 1877 provided for a settlement
with the holders, but was defeated by a large
majority. Taxable property, 1,S75, $213,856,743. of
which $4.1,102,407 was personal; in 1876, *J18,850,744,
of which $4.7,302,4^5 was personal ; in 1877, $:20,925,6:33, of which *45,141.6.59 was personal.
State tax,
i mills; tax for all purposes in counties averaiies
17X mills. (V. 22, p. 63, 567; V. 24, p. 40, 170, 227.)

A

A[i9souri.—Tha equalized valuation of all real
and personal property in H77 was $sl0,558,i40.
The lax rate is 40c. per $100 In 1877 giiS.OOO b >nds
mituing were
;t by sale of
renewal bonds;

m

bonds mature and have so far
been paid Dy sinking fund.
he Hannibal & St.
Joseph Hailroad provides for its own debt. (V 22
p. 8-3. 591; V. 23, p. 13), 397, 493; V. 34, p. 17l!
r
in lb78 *49;),000

1

321, 542;

V.

•

27, p. 200.)

.

Ifebra^lca.—Ot these the State school fund holds
'i'herc aif also *60.00,) 10 per ci-nt "Grass-

$42'i,-i67.

hopper" bouds of 1875, due Mar. 1, 1885, intere-t
paid J. & J. Real estate in '.f 77 assessed at $.37 975,987; personal at $33,33.5,591; tax rate,

6%

mills.

(V. 21, p. 204.)

funds.

NeiD ITa,Hpshire.— The debt of New Hampshire
was created for war purposes, and is being gradually
reduced. The Municipal loan of 1872 was issued to
citiesand towns, the proceeds to be applied to their
war debts. Total valuation in 18.6, 8199.080 353
»
,
Tax rate, $2 per $1,000.
New Jersey The debt was created for war purposes, and is provided for by sinkiu" funds
which amounted Jan. 1, 187^, to $1,453,435? Of the
first
two classes of bonds the prmcipal is pay.

—

,

&

April, 1911

Jan.",1914

Co.

March
Aug.

1883
1880

1. 1b89
Oct. 1, 1889

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

May

July
July

May
May
July

1880
1883
1883
1894
1894
1889

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

Oct., 1888 to '90
April, 1890 to '94
April, 1882
July, 1891

do
do

do
do

1,

15,

June

do
do
do
do
do
do
Loudon, Baring Bros.
do
do
do
do

Jan.

1895

1,

Boston, Treasury.

July, 1891 to '94

do
do
do
do
London, Baring Bros.

1895
April 1, 1890
July 1, 1900
Sept. 1, 1804-96
July

Bostoa, Treasury.
Boston, Tieasury.

Am. Exchange Bank

N. Y.,

Mayl'95-8ep.l,'96
Jan. 1, 1895
Jan. 1, 1883

May, 1890

do
do

do
do
St. Paul,

July, 1879

July
July

Treasury.

do

do

1,

I'lyl,'94-8ep.l,'96

do
do
London, McCalmonts.

1,
1,

1879
1883

Dec, 1887

Bank

N. Y.,

of

Commerce

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

1883
1888

do
do
do
do
do
do
do
do
do
do

July, 1892

April

1,

1894

1878 to '88
1878 to '89
1889 to '90
1878 to '89
1876 to '87
JiUy, 1894
1895-6-7

1887 to '95
1891-5-6
April 1, 1897
1881 and '82
March, 1887
Sept., 1884 & '89

State Treasury.
State Treasury.

do
Concord or Boston.
Jan., '92 to 1905
do
do
July 1, 1879 & '80
do
do
Trenton and Jersey City. Jan., 1879 to '84
do
Jan., 1886 to '96
do
do
Jan., '97 to 1902
do
Oct., 1893
N. Y.. Manhattan Bank.
July, 1887
do
do
Jan. 1, 1883
do
do
do
do
July 1,1891
do
Oct. 1, 1892
do

able $100,000 per .year. Valuation of real property
in 1877. $119,729,400; personal $133,808,181; total,
$.5O0,-J5O,6!i", against $596,S3;.707 in l-iiO, and $jii,7.J1.094 in 1875.
State tax, 3>i mills.

New

York.

— The

following were valuations and
years 1859 and

tax rate for Statu purposes in the
1865, and from 1870 to 1877 :

Real Estate.

Year.

l&W...
1865...
1870...
1871...
1872...
1873 ..
1874...
18;5...
1876...

Personal.

State tax.

2X

$1,1197,504,524
1,158,33:,371
. .
1,532,720,907
1,599,9:30,166
..
1,644,379,410
. .

$307,319,155
392,552 314
431,28 ',378

4:37,1CB,315

418,603.955

7.^'

..

1,092,52-3,071
1,7.50,698.918
],960,3.'.2,703
2,l(l8,!2-i,672

4
7
5
9
6

..

2,3:6,S52,I78

.

.

.

.

..
. .

453,6.17,732
147,243,11.35

o3-80
41-156
79-IiO
,

95-100

407 437, .399
•.367,911.401

6
3 11-24
3 1-6
The ceuGral fund dubt was paid in July, 1S78,
and the cana! di'bt only, of about $%Ot)0,U 0. low
remains. Tbe gross Sute deut. September 3 l^TT,
was *li',957 01 ', and town, county, and city debts in
December, 187% wi-re f:.:44,07U,t5!». (V. 22, p. 63,
471; V. 24, p. 17. 49; V. 26, p. 18, 117.)
1877.

.

..

37;),4

8.110

'.

Noi'tk CaroHna.—^OTiW Carolina is beavily burdened with debt, in proportion to her tiixable property.
Total property was assessed iu I87(i-7 at <il4a,5ii4,557; lfs7o, |;!52.5I0.028;

18?4,

$139/)53,:jfjl; 1873,

Interest is paid on bonds issued
Carolina Kailroad (i^a.SOD.OOiJ), as tlie
State holds $3,000.i;fti stock and receives dividends thereon. Other interest in default. A fuudina bill passed the JjCgislature March. 1875, (See
Chronicle, V. 20, p. 33(),) but nothing was d.'ne
under it.
In New York, bonds are classified
thus
*'01d." being those issued prior to May 1.
on from Jan. 'GU; "N. C. R. R.'
1-^61, coupons
issue of *2,800,000 to that road, coups, on since'
Jan. & April, '8!); ^arae "coup, off" have had 7
coups, paid; ''funding act 't)6 " curry coups. Jan.,
'tW;
'funding act (iS" carry coupons April,
'69. " New "—authorized before war, except $1,5'J0,000 in I8ti8; "Special tax, let," carry coup. Apru.
$t43-723 813.

Nevarla.—The debt of Nevada is hardly more than
nominal, as the bouds are principally held in State

fundable,
per report of
Jan. 1, 1878.

Boston, Treasury.
London, Baring Bros.

5 g- J.

7

May, 1910
1899
1909
1897
July 1, 1910

Amounts not

Boston, Treasury,

M. &N,
J.
J.

5g.
5g. M.
5g. M.
5

J.
J.

Q.-J

6

5

O.

& O.
(Juart'y
A.

I

do
do
do
do
Augusta and Boston.
London, Baring Bros.
do
do
Baltimore, State Agency.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

A.
J.

due.

Boston, Suffolk Bank.

Q.-J.

6

5

&
&
&

Principal—When

f
1

N. Y., Winslow, L.

1,350,000
1,100,000
1,292,280
629,000
357,000
46,000
50,000
250,000
2,275,000

Surplus revenue

mills.

6
6
5
5
5
5
3
6
6
6

t».e,e Table,.

875,000

'&"j.

(J)

Eastern Shore Railroad
Baltimore & Susquclianna Railroad
Chesapeake & Ohio Canal
Baltimore & Susquehanna Railroad
Annapolis & Elkrldge Railroad
Defense Bounty Loan

Lunatic Hospital, Worcester

aoy error discovered In

INTEREST.
Where payable and by
When
whom.
Payable

Value.

page of table s.

. „.
lMuifiiana—( Continued )—
Bonds to tunil floating debt of State. --•••---•
do to Mississippi & Mexican Gulf Canal..
do to Northoiu Louisiana & Texas KK. Lo.
do school & spuiluai y, held by St. Treas
do to N. Orleans, Mobile & CUatt. RK. .
do to N. Orleans, Mobile & Texas RK- - - N. O. Mob. & Texas RR. bonds, end. by State
Consolidated funded bonds - ...

ol

Immediate notice

S»l..crlbor. will confer a great ftror by glvlns

DESCRIPTION.

[Vol. XXVII.

to

North

:

^

.

August

STATE SECURITIES.

81. 1878.J

KrMtt fkTor br bItIok Immediate noU«« or

flabserlbera will confer

DESCRIPTION.

Date of

Site or

Amount

Bonds.

par

outstanding,

ForoxiilnnatUiiis iioo notonon Unit poKO of tabloa,

Vuluo.

Sorlh f'nro/i'iiii— UK. iiiul Improvcm't liiinds, old
RnUnuiil iiixl linnrnvciuciit butulH, nltt

«0OOAo,

KK.

uiul iinpi'ov

t

IioiuIh.

now

do

lUi

war

d<»
<'«rtltlriitc8

(lo

186«
1868
1867
1868

of literary fund
Aug. 24. IStiiJ

PrnltiMitliiry lionilx, act

BiMTial tax iKtiiiU

OAi"—

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

do

do

Fiiiulln^ lioiidn, nlncc
RO(i:l'<t<'''<'d

500 Ac.

(not Bpcclnl tax)

383,0-15

1,000
1.000

,

KrK'iKtcr'd loan, payabk' after June. 1881
loan, payable after June, 188U

Ri>^'i»ti'n'<l

1860
1856

100 Ac.
100 Ac.

Orrpoii— Huiinty bonds

Mndoo war

UoiuIh

Wllliiniftte Canal and Look
Peniiiti/lmiiia—Ri'ic. bonds, tax

'iSTO
fr.,

(redljle '92).

Inoli'iird plane loan
Co\ipi.ii loan (i'\((>iit.t5.1,000 rej?.),

April 2....

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

do
do
do

(ri'K'isti

red)

(n'ltisicrid)
(rik'istci'id)

Agricultural College laud scrip
Jthmie Is/antl—W'at bonds

War bunds
do
do
Smith Corofina— State stock
State House stock
bonds
do
Funding bond.s and stock
Blue Kld(;c Kailmad bonds
Funding bill.s receivable

Payment
Fundini^^

iif

bank

1877
1840
1852
1852
1867
1867
1867
1867
1867
1872
1862
1863
1863
1864
1794
1836 to '61
1853 to '54
1860
1854
1868
1868
1868

bills

Conversion bonds and stock

Land coiuuilH.'iion bonds

1838
Fire loan iKuuls, sterling
stock, dontcstic
1838
do
1869
Bonds— RclU^f State Treasury
Reduction of Public Debt stock
Dec, 1873
1873
Coiisolidaled bonds, coup. (Funding act)
stock (Funding act)
1873
do
Rftilroa*! endorsenicuts
i874
reaii«,«cf— New fmiiling bonds, act of 1873
Bonds registere<l, act of 1873
Various.
Fundable bond.s and coup, not yet presented
Various.
Bonds, registcrable, not presented
Various.
Held by K.T. University (not to be funded)...
reja«—Fundins State debt (act May 2. 1871)...
1872
Frontier dcf'.se.gold.act Aug.5,'70(red'ble '91)
1871
Revenue dcticicncy bonus, act Dec. 2, 1871..
1872
Bonds, act Mar., 1874 (for paying lloat'gdebt)
1874
Vcfn Pension bonds, act Apl.,'74, (rcd'l)le'79)
1874
Redemption of debt, act Aug. G, "76
1876
Termont— War loan bonds, coupon
1862
War loan bon<ls, registered
1862
Firffi?ii«— Old bonds, '^ fundable, coupon
1851 to '66
fundable, registered
Old bonds,
1851 to '66
sterling, not reiiuired to bo funded
do
1851
Consol. (Act Mar. '71) coup. ta\ receivable
1871
reg., conv. into coup...
do
1871
do
(Act 1872) "Peeler," cp. not rec'ble
1872
do
.

%

.

do

do

do

reg.,

Deferred oertilieatcs W. Va.)
Interest on sterling debt, funded (Act 1871)..
Interest unpaid Sept. 30, '77, on debt proper.
(

»

Oct. '69: " 3d " coup. April, 1870.
83, p. 599, 615, 647; V. *», p. 17, 226.)

"W'coop.of

C9:

21, p. 570;

V.

Ohio.— Ohio has a very small State debt, bnt
amounting in 1577 lo 83:t,3«8,'J' 9

large locul debts,

Valuations in 1877
t36,05!i,»7S in 1876.
Heal estate in cities, Ac, $378,443,113; other,
:
Total taxes
t706,817,61!i: personalty, t49i),5V'4,810.

against

were

levied in 1877 »4,5il,i3o for State purposes, iU
mills, and $22,975,51'.! on all local taxes. (V. 21, p.
17.)

Or«8ion.— The debt Is provided for by sinking
Taxable property
funds, payable from land sales.
in 1875 was assessed at $41,197,14!); !i mill tax

was

laid for Itelief

bonds and

1

mill for

Bounty

bonds.

FinmylTanii.—The new 6 per cent loan of {8,000,000 was sold to take up maturing imnas. Total debt
Nov.

Si2,94.3,814; available assi'ts. $9,054,910;
net debt, Ji:i,9-i»,039.
tax is laid for Stale
purposes on real estate, and revenue is raised
SO, "77

No

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 iately exceeded revenue, and sinking
funds have been diverted to meet the deflciency.
The State holds $1.75l,;i3; in stocks and $7,900,000
r,f railroad bonds,
interest has been paid in gold on
tte State debt issued prior to 1867, but the bonds
paid off in 1877 were paid in currei.cy. Any coupon
bonds may be changed to registered. The bonds
due in 1877 are payable at anv time till 1882; tliose
of 1882 Ull 1893.

iV. 21, p. 414, 421, 489; V.S6, p. 16;

V. 27, p. 149.)
Sltode Island.— The debt was all created for war
Is being steadily diminished.
The
valuation of real property in 1870 was $185,159,848,
and personal, $86,89:,928, and tax rate 15 cents on

purposes and

$100.

Boulh Caro/f.TO.— The funding law approved Dec.
provided for scaling down the old debt by

22, 1873,

lOO&c.
1,000
1,000
.50 Ao.

600
50
50
50

Ac.
Ac.
Ac.
Ao.

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

50,Ac

1,000
1,000
1,000
500,Ac.
186!)
500,Ac.
1869 to '70 500,Ac.

intciest

1872
1871
1871

$1,738,800
3,630,400
2,383,000
1,695,000
2,417,400
1,711,400

Various
Various
i.'ooo

1,000
Various

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

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
2,556,2,50

367,000
90,400
9,251,8.50

723,950
500,000
975,000
200,000
631,000
738,000
17,411

289,172
192,000
238,933
469,000
72,000
149,000
242,350
451,000
13,000
481,944
151,780
7,000
241,257
4,023,000
149,254
4,797,608
6,617,000
16,194,000
661,000
460,000
396,000
75,000
697,000
500,000
1,000,000

100

l,ir>3,074

1,000

1,561,000
34,000

.500,&c.

137,000

500,&c.

500&C

\

Vari's

5

£100 Ac
100,Ac.
lOO.Ac.
100,Ac.
100,Ac.
Various

Various

aar error «la««T«r«A In thee* Taklea.
INTEBE8T.
Where PnrnMe and by
Payable
whom.

6

J.

6
6
6
6

A,
J.

A.
J.

6
6

A.
J.

6
6
6
6

7
7
7
6

6g.
4>8g.

6
6
5
6
5

F,
F.
F.
F.
F.

6
6
6
6
6

A J
A O
A J
A O,
A J
A
A
A
A
A
A
A
A
A
A
A J.
A J.
A J.
A A.
A A.
A A.
A A.
A A.

New

1808
186H
1868
1868

York.

do
do
do
do
do
Raleigh, Troaaory.

New

N. Y..

York.
do
American Excb. BT(.
do
do

do
do
Phlla., Farm.
do
do
do
do
do

A

do

do
do

6

J.
J.
J,

6

6

"e
6

5, 5J4,

do
do
do

do
do

J.

A
A
A
A
A
A

J.

J.
J.

Columbia, State Treasury.

do
do
Columbia and

do
do

do
do
do
do

do
do

6

6

6
6
6
6
6

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

1877, 7 mills. (V. 24. p. 199, 44.5, 495, 54,3, 557;
p. 79. 641 ; V. 26, p. 68, 143, 232, 867, 420, 463;
p. 141, 165.)

New York

or Columbia,

do

25.
2T.

1882
1883
1893
1894

At pleasure.
1877 to '86
1871 to '80
July 1,1887 to '97
July 1,1875 to '79
July 1.1888
July 1. 1888
July 1. 1889
July 1, 1882

J. N. Y., Fourth
do
J.

July 1,1868
July 1, 1868
1888
July 1,1893
July 1, 1893

do
Nat. Bank,

do

A J. N. Y., Fourth Nat. Bank.
Various
State Treasury.
M. A S. N.Y.,Donue.ll,LawsonACo.
J. A J.
do
do
do
A J.
do
State Treasury.
A J.
A J. New York A St ate Treasury.
A D. Boston, N. B. Mut. Red'n.
A D. Montpelier, Treasury.
New York.
A J.
Richmond, Ti-easury.
A J.
Loudon, Baring B. A Co.
J. A J.
Richmoud, Treasuiy.
J. A J.
do
J. A J.
do
J. A J.
do
J. A J.
J. A J.
London, Baring B. A C%
J. A J.

V.
V.

1,
1,
1,

do

Columbia.
Columbia A Fls. Agen. N.Y.

J.

giving new bonds to the extent of 50 per cent, and
declared void the conversion bonds to the amount
of ^5,965,000. A committee to investigate bonds
and ascertain what consols were properly issued
was appointed in 1877, and reported January, 1878
(\. 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 crenting the commissioners WHS questioned in the Courts, and the board
did nothing. In July, 1818, interest was paid on
those consols signed by Gov. Chamberlain, which
the committee hvid to be good; interest on bonds
signed by Gov. Hampton was not paid. Total valuation of all property— in 1876, real estate, f86,187.personal.
railroad
property,
120;
$^0,598,316:
$H,:M7,H2, makiu" a total of $l.i3,13*,i.m In 1877
total was about $lS5,73'i.8b3.
Rate of taxation in

Sept. 1,

April

6

5
6

July, 1881
Jan., 1887

Jury
Aug.

London

J.

Indellnlte.
Oct., 1898
1898 to '99

1884
do
1880
do
1880
Meob. B'k,
Feb. 1, 1902
do
April, 1879
do
July, 1882
do
July. 1882
do
Feb., i 877 to '82
do
Feb.. 1877 to '82
do
Feb., 1877-1882
do
Feb., 1882-1892
do
Feb., 1882-1892

llarrisburg Treasury.
I. H. A 'r. Co.

.-J.
.-J.

to'98

State Trcaeury.

M. a'S. Providence, K.
A O.
do

if:
««•

to '98

to '98
to '99
Jan., 1900
Oct.. 1H98

A.

A J.
F. A A.
3g. Q.-J.
J. A J.
J. A J.
6 g. J. A J.
6g. J. A J.
A. A O.
A. A O.
6 g. J. A J.
A J.
A J.

5A

Priaclnal—
!lnal— When
Due.

When

Rate.

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

vU

July 1, 1914
1875 to 1900

1900
1875 to 1900
Various.

1891
1911
1892
March 1, 1904
1894
•July, 1906
Dec. 1, 1878
Dec. 1, 1890
1886 to '95

At pleasure
1880
1005
1905
Contingent

1905

r«>:<M.— For all bonds, except lOs of 1894, the
interest and 2 per cent of principal yearly are provided for by special appropriations. The valuation
of taxable property In 1877 was aboni $316,000 000,
against $257,632,11(0 in IS76. Tax rate, ."iO. From the
last Comptroller's report, for the Hsc^l year 1875^-fl,
wo have the following statistics:

Total value of taxable property assessed. |St7,632,009
State tax
1,288,249

PoUtax
Miles of RR. in the State ass'd for taxes.
Value of railroads, Ac
55,950,038 acres of land assessed at
Value of lots assessed in the State

211.084
1,491
$16,5,7,608
110,g88,<l9
41,674,101

.

(V. 23, p. 463; V. 24, p. 535; V. 23, p. 115.)

—

Fermonf.— This Slate has a very small debt all
created for war purposes. Of the registered bonda
$1.35,.500 are held for Agricultural College.
The
sinking fund, Aug.

1.,

1876,

was

$135,932.

Tentietsee.—ltie coupons of July, 1S75, together

and January, 1875, remaining due, were paid in September, 1876,
The debt of solvent railroads, January, 1877, was
total
debt, less
that amount,
$3,458,145, and
$22,85^,011, including $129,020 outstanding warrants and $2,(!8:j,746 past-duo interest, against
which $^5,63'* is owed by solvent railroads. The
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 $9B,000 more full due in 1877; these are fund
with those of

.luly,

1874,

the Legislature.
Later
Total valuations in 1877
$2,6,0.0,000; total in 1876, $278,020,531, against $28?,1 38,583
in 1875.
The rate of taxation was reduced
from 40 cents on the $100 to 10 cents by the Legislature, in March 1877, Tennessee bonds sold in
New York as "old," are those issued before 1362;
"New," issued since 1862;
Series," the new
funding bonds. (V. 85, p. 458, 477, 585, 619, 632; V.
able at Ihe option of
statement, V. 2."), p. 477.

"New

26, p. 68;

V.

27, p. 42, 165.)

Virginia.— There amounts are exclusive of
bonds held by Literary fnnd and Sinking fund.
The Funding act of 1871 provided tha" coupons
of the funded bonds should be recei\able for
State taxes. For two-thirds of the old bonds a new
bond was issued, and for the other « a deferred
certificate

Virginia).

given (as

The

t

he proportion due bv West

act of 18.2

amended

that of 1871

by not allowing coupons to be rereived for taxes.
The sinking fund holds $5,145.2; 1 of State bonds
and certificates.
All Interest overdue September. 30, 1877, was $4,188,141, and the to al principal
of debt proper $29,3S0,8I«.
Assessed value of
real esUlo In l:Tt was $242,796,548. against S«5I.In 1878.
Personalty in 1876, $7S,560,»40.
rate, 6 mills.
case involving the laxatlon
of consols Is on appeal to the 0. S. Supreme Court.
6r3.fill

Tax

A new

A

funding bill was passed in 1878, which wUl
probaliiy never be carried out.
(V. 96, p. MS.)
(V. 23, p. S99; V. 85. p. IXH. 286. 886: V. «, p. a8.
135, 181, aoe, 2SS, 842, 369, 384, 4S0, BM.)

.

,

CITY SECUKITIES.

Till

[Vol. XXVII.

coaler a great lavor by elvlns immediate notice ol anr error discovered In tUese Tables.
INTEREST.
Principal—When
Amount
Size or
Date of
DESCRIPTION.
Where payable and by
When
Due.
outstanding.
par
bonds.
Rate.
Payable
whom.
value.
For explanations sec notes on first page of tables.

Subscribers

irlll

I

& Northern

1854
1864
1866

$1,000
1,000
1,000
1870-'71
1,000
1870-'77
1,000
1,000
1874
New Po«t Otlice site
1,000
1875
High School
1851 &'52 1,000
1,000
Addifual supply ($466i6ob due ibbo^S are 78) 1874-'77
1,000
1877
Western Avenue improvement bonds
1,000
1865
Bonds loaned to Albany & Susauchanna RR..
Ac.
250
various
purposes
Various.
Au<fiMta, (/a.— Bonds for
500 &c.
1876
City bonds, tax free
100
&c.
loan
of
1890
Various.
Baltimore Consolidated
100 &c.
1877
Loan of 1877, reg. stock redeem, at will
100 &c.
Consolidated bounty loan
1863
100 Ac.
Exempt bounty loan
1865
100 &c.
Public parks (Druid Hill)
1860
Park improvement loan
100 &c.
1863
Five million loan to Baltimore & Ohio RR
100 &c.
1853
One million loan to Fittsb. & Couuellsville RE
100 &c.
1853
Albany, N. F.— Albany
Relief of drafted

Railroad

I'n

men

Purchase Congress Hall Block
City improvement
Washington Park

—

New City HaU
do
do

1868
1870
1874
1864

do
do

Consolidated loan

Court bouse loan

Funding loan
do
Western Maryland Railroad
Jones' Falls
Valley Railroad
Patterson Park extension
Water loan ($263,000 only are 58)

BB

Endorsements for Western Maryland
do
do Union Railroad
Bangor, Me.— City debt proper
Municipal loan

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

1870
1874
1872
1872
1873
1872
1874

Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.

100 Ac.
100 Ac.

1858to'72 lOOAo.
1874
1,000
1875
500 Ac.
1869
1,000
1869
1,000

Bath, ife.— City notes
Funded debt
Railroad loan

Androscoggin Railroad..

100
100
100
100
100
100
100
100
100

Various

,

Knox &

Lincoln Railroad ($23,750 each year)
do
do
io«to>i— For city purposes, war debt, (fee...
1852 to '6-1
do
do
do
1864 to '77
Burnt district, sterling loan
1873
Consolidated street improvem't, sterling loan.
1869
Roxbury debt, assmued
1860 to '64
Dorchester debt, assumed
1861 to '69
Charlestown debt, assumed
1862.to'73
Mystic water debt, assumed
1862 to '76
Brighton debt, assumed
1868 to '73
West Roxbury debt, assumed
Water loau, uew main. Brookline Reservoir...
1858
do
Chestnut Hill resei-voir
1867 to '71
do
renewal of loan due '70-71, all reg.
1871
do
'72-73
do
1872
Water works, Roxbury, coupon and registered 1868 to '70
do
Roxbury & Dorchester
1871 to '74
do
Dorchester, all registered
1871
do
W. Roxbury & Brighton, all reg 1875 to '77
do
do
reg.
1876
Additional supply water
1872 to '75
Various piu'iioses, for water works
1871 to '74
Water loan bonds, gold, coupon or reg
1875-'70
Public park and school buildiugs, registered
1877-'78
Improved sewerage, registered
1877-'78
;
...
irouMvn— Debt ol Williamsburgb, local Impr'l 1859 to '61
Brooklyn local improvement loau
1861
Mount Prospect Square loan
1857
Soldiers' ai(f fund loan
1865
'Jhird street improvement loan, local
1867
Gowanus canal improvement loan, local...
1866
Bushwick avenne
do
do
do
1865
South Seventh street do
do
do
1866
Union street
do
do
do
1867
Fourth avenue
do
do
do
1802
do
do
do
do
1367
Wallabout Bay
do
do
1867
Kent avenue basin do
do
1869
New York Bridge loan, registered and coupon
1870
Bonds for N. Y. & Brooklyn Bridge, cp. or reg. 1876-'78

Various.
Various.
Various.
Various.
Various.

1,000
1,000

£100Ac
£100Ac
1,000
Various.
500 Ac.

1,000
Various.
Various.

1,000
1,000

£100 Ac
1,000
1,000

1,000
1,000
1,000

.

Albany.— The loan to Albany & Susquehanna
secured by Ist mortgage.
The vAluation of
property in Albany County in 18;6, by local aseessment. was: Real estate, $47,(189,808
personal,
$5,30i',15I; total, 158,310,019.
In 1876, total equalized valuation by State Board, $58,460,770.
Tax
rate, 849.
16

:

Augusta.— Ot this debt, $600,000 was issued for
and balance for eanal eulargemeut,
water, wor ks, Ac. Most of the debt is held at
home.
Taxable valuation, $14,401,000: tax rate
$1 58 per $100.

railroads,

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

$237,000
46,000
150,000
491,000
624,000
118,000
80,000
250,000
900,000
165,000

6
7
7
7
6

6A7
6
6

7
7
6
5

6
6
6
6
6
6
6
5
5
6
6

5
6

J.
J.

g-

Various
Various

5g. A. A

A

7

5

A6

5 A 6
61a A 7
61a A 7

Various
Various
Various
Various
Various

%'

A.

6

A.
A.

A
A
A

O.

Various
O.
O.

i«- Various
Various

6
6

5

A6

%'
6
5

g.

412

5
6

A
A

6

7
6

7
7
7
7
6

6A7

J.

Various
A.

O.

Various
Various

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

O.

Various
A.

7

7
7
7
7

J.

354, against 212,418 in 1860.
(V. 22, p. 589: V. 23, p.
614; V. 21, p. IJ; V. 25, p. 137, 334.)
Bangor, Me. The valuation of real and personal
property is $11,054,211; rate of taxation, 2 50 per
cent. The loans to European
North American
Railroad and to Bangor
Piscataquis Railroad are
secured by first mortgages on those roads.
Bath, J/«.— Total debt, $1,730,688, of which
$1,513,600 is on account of railroads. The city

—

&

O.

J.
5 g. J.
5, 512, 6 Various

&

holds a rut mortsrige on the Androscoggin road
for the debt, and 2d and 3d mortgages on the Knox
& Lincoln for its proporlion of $895,0 out of a
total of $3,395,000 bonds issued by several cities in
aid of the latter road. Unexpended balanct^s of
aijpropriations and 3 percent ou city debt are appropriated annually to the liquidation of the principal. Tax valuation, 1871, t6,469,480; 1876, $7^21,905.
.Sostora.— The population of Boston in W?u was
292,497, against 177,810 in I860; in 1875 it was, :MI.91il.
Valuation of real property in 1878, including the recent annexations, was $44il,336.30ii, azainst t481,40i>,,300 in 1877; and ocrsonal, $190,060,90i'. 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, 1878, was $48,457,1 22,
and the sinking funds, bonds, mortgages, Ac,
$16,297,24.).
The following is a comparison of the
appropriations granted by the City Council, and
estimated income to b6 recei»ed for the fiscal year
ending April 30, 1879, compared with I'ffT-S:

O.
J.

N.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.

1890
1895
1890
1886
July
1884
April 15, 1900
March 7, 1902
1885
Sept.

Jau.
Jan.
Jan.

1,
1,
1,
1,
1,

At will.

1900
1894
1902
April
1900
Oct. 31, 1886
March 8, 1892
July 1, 1894
Jau. 1 '90 A 1900
Jan 1, 1895
1878 to '92
Jan. 1, 1894
July 1, 1905
Jan. 1, 1894
April 1,1899
1878 to 1879
July 1, 1887
1883 to 1898
April 1, 1891
July 1, 1880 to '99
Feb. 1, 1902
Boston, Treasurer's Office.
1878 to '87
do
do
1878 to '97
London, Baring Brothers.
April, 1893
do
July, 1899
Boston, Treasurer's Office.
1878 to '84
do
do
1878 to '81
do
do
1882 to '93
do
do
1881 to '94
do
do
1878 to '81
do
do
1878 to '91
do
do
Oct., 1878
do
do
1S80 to 1901
do
do
April, 1901
London, Baring Brothers.
Oct., 1902
Boston, Treasurer's Office.
1880 to '99
do
do
1901 to 1903
do
do
Jan., 1901
do
do
1905 to 1907
do
do
April, 1906
do
do
1902 to 1905
do
do
1901 to 1904
do
do
1905 A 1906
do
do
June A Oct., 1887
do
do
Oct., 1897
Brooklyn.
1879 to '81
do
1891
do
•
1887
do
1885 to '94
•As
do
1881
<xO
1878 to 90
S.2
do
1878 to '90
do
1878 to '90
do
1878 to '86
do
1878 to '95
do
1878 to '95
do
1878 to '90
§«
do
1879
do
1901 to '24
do
1907 to 1912

A J. Baltimore,Regi8ter'8 Ofllce.
A J. Balto., N. Mechanics' Bank.
6
do
Q.— F.
do
6
A. A O. Baltimore,Begister'8 Office.
6
do
M. A 8.
do
6
5A6 J. A J.
J. A J. Balto., N. Mechanics' Bank.
6
J. A J. Baltimore, Franklin Bank.
6
Various Boston, Merchants' N. B'k.
6
Boston or Bangor.
J. A J.
6
J. & J. Boston, Merch'ts' Nat. B'k.
6
do
J. & J.
do
6
do
do
6 A7 A. A O.
City Treasury.
Various
6
J. A J.
do
6
Various
do
6
City
Treasury
A.
and Boston.
A
6
O.
do
J. A J.
do
6
F.
do
A
A.
do
6

101,.500

410,000
394,000
2,040,000
688,000
1,947,273
700,000
465,000
375,000
370,000
100,000
648,000
366,000
3,452,000
550,000
143,000
138,000
213,000
90,000
552,000
302,000
236,000
216,000
258,000
260,000
190,000
200,000
198,000
427,000
3,000,000
3,150,000

do
.—M.
do
do
do
[.—J.
J.— J. Balto., Farm. A Plan. Bank.
J. A J. Balto., N. Meehanics' Bank.
Q.-J. Balto., Farm. A Plan. Bank.
do
do
Q.-J.
do
do
do
do
Balto., N. Mechanics' Bank.
Balto., Farm. A Plan. Bank.

6

6

5,000,000
1,000,000
1,000,000
1,000,000

1,060,000
1,228,000
183,641

J.

6A7

410,353
555,566
185,723

500.000
936,661
92,400
800,000
2,000,000
1,000,000
609,200
1,015,300
200,000
1,549,600
1,375,000
117,000
150,000
100,000
375,000
1,000,000
814,000
104,588
112,500
193,000
425,000
475,000
243,000
3,521,800
14,288,500
4,997,603
3,449,199
392,300

.

6

1,000,000
1,886,250
128,500
7,306,546
5,000,000
2,211,068

New York.
AN
May, 1879
do
A D
June, 1880 to '84
A A. Boston, Merchants' Bank. Feb., 1885 to '94
New York.
M. A S.
March, '79 to 1900
do
Nov., 1910, 11,'12
M. A N.
M. A N.
do
do
M. A N.
May 1,1879 to '85
F. A A.
do
Feb., 1881
do
F. A A.
Feb. 1, 1893-1912
do
_
A A.
Feb. 1, 1912
1895-'97
New York.
M. A N.
Augusta.
Various
1878 to '89
A. A O.
do
1900
JiUy 1, 1890
Q.-J. Balto., Farm. & Plan. Bank,
M. A N. Balto., N. Mechanics' Bank.
July 1, 1916
do
M. A S.
do
Sept. 1, 1893
do
M. A 8.
do
Sept. 1, 1893
M.

6

July
Feb.
Jan.

1,
1,
1,
9,

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

City and County

1877-8.
$8,13">,I04

619,110

1S78-9
$7,466,410
412,7)0

$8,7M,214

$7,879,160

State, 1817

I.

Baltlmm-e.-rbe fiscal year of Baltimore ends
now with December .31, instead cf Oct. 31. The
sinking fund for Baltimore & Ohio RR. $5,000 000
loan is $1. 9.18,6 i3; West. Maryland Riilioad sinking fund, $16ti.l80; and the total of all the
sinking funds, $8,<ilO,41I. The Bait. & Ohio RR.
pays interest on $5,000,000 loan; Water loan is paid
by income of waicr works, and Public Park by City
Passenger Railway, and out of a total debt of
$34.09^,965, $19741,853 is dependent on the tax
levy. Tue net debt over productive assets is given
at i9,J5 ,445, against which are held $4,889,77^ of
unproductive assets. The estimates for 1878, owing
to the change in the fiscal year, will cover 14 months
instead of 12 mon hs as formerly. The basis of
taxation is t255,OOi\000. The amounticquired to be
raised, including the fiiatlng debt, is $4,879,639.
Less ihe Hoating debt ($1,17J.7S6) the amount re- Appropriations
quired is J3.399,91 1. The tax rate to cover fourteen Income
months is increased from $1 75 10 $1 90 on Ihe $100.
bt.ie taxes having been increased from Ilk cents
to IdJi cents on the $100, the total is therefore inPer centage
creased of city and ^tate taxes from tl R3V Ir 1877
to $2 oejii on the $100. PopnUtlon to 1870
w»8 8»7,-

1877-8.

187^-9.

$10,28 , 258

$9,55%892

2,369,100

2,306,959

$7,893,158
236,946

$7,248,942
217.468

$8,135,104

$7,466,410

The Auditor estimated

the assessed valuations were reduced to $660,t00,0i)^', the tux rate required would be nearly the fame as in 1S7,~, when it
was $1310 per $l,l(5o; the total valuations, aa
above, were actually made $630,427,200. (V. 26, p,
39;

V.

that

if

•^, p. 40.)

^/lOoWyra.— 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
4,660,747

Sinking funds

$2 ',,452,752

Balance
King's Co. debt (City's share)

3,831,180

Loans chargeable on specified property

Tax

certificates

Total net debt

—The debt

.

10,92:1,000

...

2,500,000

$40,706,938

increased in ISTf, $781,623, and in IST?
$6u9.:382.
Population in 1870, :396,20O. against 266,661
in 1860. Valuation o' property in 1877, by the local
assessment, was $316,481,801 for real estate, and

AcousT

I

CITY SBCOEITIES.

81, 1878.]

iz

obacrlbors will conftr m sreat fkTor by irlTlnK Immediate notice or aar error dla«*ver*4 la
DEscRrprroN.

Date of
Bouda.

For vx|ilniiHtioii8 8»ouotc8 on tlrBtpagu of tables

SlKO or

I

Aiiiniiiit

jouUtikUiUug.

|>ur

Rate.

Value.

ttaeae

INTEREST.
Wlien
Wbero FaraMe and by
Payable
Whom.

TaMe«<

Prtnclpal— Wlien
Due.

SronKli/n—fConliniieitJ—

Park loan, rcf;iBtore<l anil
i'rosprrt I*ark loan

coupon
1860 to '73 $1,000
1800 to '72 1,000
bondH
1872
1,000
PiTiiiaiicnt water loan
1857 to '72 1,000
do
ilo
1872 to '75 1,000
Scwiiage fiMul bonds, continuous, local
1,000
•to
do
.S'tU B'klyu
1,000
J'rii»|pei't

AssoKsnicnt fund bonds, coiitlniuiux, local
Central and Knickerbocker av. sewer bonds..
lionle vurd

bonds

Tcniiiorary tax certltlcj»trs
Jliitralfi, X. v.— Fnnde<l debt bonds
Itult'ato it Janie8to*vn Kailroiul
Uiiflalo New York .t Plilladvlphln Railroad

Water works bonds
Water bondN, <'onpon
Park honils (Act .May
Tax loan bonds
Tax loan bonds, eonp

18.53 to '75

1873 to '7.5
1871 to '73
'1868 to

17, 1875)

Canihridtie, Jf<i«.— City

bonds

City bonds
(to

.

do
do
do
Water loan
do
do
do
do

1870
1873
1876 to '78

..

C—

Charleston, S.
City stock
Cit3' bonds, coupon
Fire loan bunds, coupon

'71)

0,70(i,(K)0

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

Water loan
OAicni/o— Water loan
Water loan

55,000
485,000
1 62,000
3,898,454
51.500
266,800
14I),0(H)

1.170.O00

100,000
200.000
880,000
3,600,000
87,000
2,550,000
2,621,000
195,000
3,408,000
2,000,000
640,000
4,191,500
1,002,000
210,000
250,000
300,000
99,000
195,000
397, .500
I4(i,r)00

750,000
60,000
175,000
100,000
150,000
150,000
100,000
136,000
450.000
600,000
700,000
9,300,000
6,000,000

(>

p. et.)

Buffalo— The funded debt, January

1,

1877,

was

|4,la6,S!5P, exclusive of water bonds, and floating
In 1875 real and personal property
wereassesscdat $3'),!iiy,10j; in 1871, rule of valuation changed and assessment was $in,!W5,905. In

debt, tSXi.iTS.

1877 real estate ass $'J1.130.S70; personally, »8,844,705; total, *99,975,575. Baff ilo also pavs 7-10 (being
$711,390) of Erie connty debt. City tax-rate, 1877,
$PJ41 on the $1,0C0. Since June 1, 18:7. conpoa
bond» have been exchangeable for leglstered. (V.
^i, p. 23:1, 521 ; V. M, p. ViS.)

Cambridge. Jtos.—The sinking funds amounted
to $7!1,.383. December 1, lj76. The Investments are
nearly all in city bjuds at par and stamped " not

negotiable."

Only $52,(W) debt

matures before

1881.
Tax vslnati.m. 1B75. »8l),623,014; 1877, 155,003.600.
Total debt, $4,805,175. Population, 1875,

C—

CharUtUm, S.
The bonds of Charleston are
mostly held within the State of South Unrolina.

The assessed value of

real estate In 1877 was $18,689,fB3; personal, «7,94J,155; rate of tax, $2 60 per $100.

(V. 8b, p. 360.)

ChtU'a.

.Waw— Sinking fund,

$45,800,

tobe added Mnnu.illv. Tax valuation.
530; rate,

gl 70.

tlon, 1875, 30,737.

and $21,003

187ii,

Total debt, $l,73«,4a(i.
•
.
.

.

$17 759,-

PoonUv

J.
J.

J.
8.

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

A
A
A
M. A

6&

7

7

7

6& 7
7
6& 7

409.000
200,000
647,259

do

do
do

do
do

Am. Exch. Nat. B'k

J.

A.
N.

do
do
do

A

J.

Various
Various
Various

A

K

.Assessed Value.
Real Estate.
Personal.
$13,130,677
$.3,711,154
'

2l.h87..5ilO

.\3S5,:j93

25.8!12,301

5,848,776

18i0.

31,19S.135

5855,377

1H62
1961
1867
1868
1869

.31,587,545
66,49.5,116

19,447.941

140,8^7.040

51,3»-J,6(M

174,50-1,410

5:1,9.39,469

211,3 1,240

5l,6.:t,6IO

1K70.

8J.3.64.1,i;00

1871
1872
1873
1874

8.36,898.650
239.I.54.S90
262,969,821)

52,342,950
S2,8ir.820
45.042,541
49,103.175

2.58..'i49.3I0

1'175

!2.5,4(>8,IM5

4.5.1.'»,830
4S.2>)5,li41

1876
1877

131,242,460

36,815,7H

5,5,'5S,300

,

Tax
Rate.
$....

15
SO
13
14
15
15

10
15
18
18
18
18

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

S4,71.5,a*l

and

New York.

N. Y., Gallatin N. Bk.
BufTulo A New York.

N. N, Y.,

111,000

October, 1876,
407,601, against 109,260 in 1S60.
The So. Park, West
Chicago Park, and Lincoln Park loans are not
debts of the city, but of distinct corporations.
3fl6,605,

Bnffttlo.

do

F.

J.

1,335,441
1,010,403

Population In 1870 was

and New York,

Buffalo and

In

do
do
do

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

e'&V

26l.(KX)

1H,9848I4

Buffalo

1881 to 1003
3 years from dat«.
3 years fnim date,
3 years from date.

J.

M.

7
7

314; personal, $34,715,^34— total. *148, 100.118. Tax
rate, 1877. 8-7tH.
This is the Illinois State valuation,
and the ci y debt is limited toSpercent of that.
decision of th; III. Supreme Court in Feb , 1S78,
held the certiflcates of debt i.ssued prior to Mav.
1877, as in violation of this and void.
sube'eqaent decision held citv scrip of 1877 valid. Of the
funded delit, $4,5)0.000 is on account of the
Water Works, which last year yielded an income
of t84J,35J.

less
1855
1858

J.
J.
J,
J.
J.
J.
J.

1880
187S
1878-1881
1878 to 1895
1H93 to 1895
1881 to 1893
1878 to 1926
July 1, 1896
Prior to 1036
July
July

1,
1,

1878-'81
1879-'82

Various Boston, Bank Redemption.

CKicogw.—The total funded debt Jan. 1, 1878. was
$13,361,000.
Old certiflcates of Indebtedness,
$4»i,513.
Revenue time warrants, $2,7.S1,133.
Assessed value of real propertv, 1877, $113,8-i4,-

Year

do
do
do
do
do
do
do
do
do

AO

315,000

1876-77

$13,111,215 for personal; total real and personal,
ta-29,5M,OI6, against t2«7,013,lMiu 1876. The debt
of Kings t'oanty, separate from the debt of Brooklyn, is $4,181,831, of which the city is responsible
for ninetecn-twenticths. Average tax rate In 1877,
$;! 17per »100, against $.3 iS in 1876.
(V. S4, p. 63;
V. 25, p 358: V. 8S, p. 482.)

&
M. A

1019 to '24
1915 to "24

Brooklyn,

J.
J.

N.

1878 to 1882
A.
do
do
April 1, 1889
5g. J,
Boston, Treniont Bank.
Jan. 1, 1803
6
J.
.r. Boston, Bank Redemption. Jan. 1,1881 to '96
6
J.
Jan. 1, 1903-4-5
do
do
A.
6
do
Apr. A Oct. l,'84-5
do
6
J.
do
Jidy 2, 1886
do
6
J.
do
July 1,1881 to '96
do
F.
6
Aug. 1. 1883
do
do
6
A.
Apl. 1, 1887-1895
do
do
6
M.
do
do
May, 1889-1891
6
Q.-J,
Charleston.
1878 to '98
Various
6
do
1883 to '84
J,
A
7
J
New York City.
1800
7
5l2
A.
Boston, N. Bk. Redemption
1879 to 1883
Various
6
do
do
1879 to 1895
F. A A
7
do,
Feb. 17, 1883
do
F. A A
do
6
Aug. 1, 1891-'97
do
6
J. A J
New York and Boston.
1878 to '97
7
J. & J
do
July 1, '82 to '95
do
6
J. A J.
do
do
JiUy 1, 1880
A J.
7
do
do
1880 to '95
7
A J.
do
do
1890 to '95
6
A J.
do
do
July, 1895 A '96
7
A J.
do
do
1881 to '99
A J.
do
do
7
1878 to '79
1890
7
A J. New York (see remarks.)
M. A N. N. Y., Metropolitan Bank. May l,1880-'92
7
Varioiu N. Y., Am. Exchange Bank,
1880 to '84
6
M. AN.
do
Nov., 1885
6
do
7 3-10 J. A D.
do
do
Jime, 1888
7 3-10 Various
do
1888 A 1889
do
J. A J.
do
do
Jan., 1890
6
M. AN.
do
Nov., 1890
6
do
A. A O.
do
April 1,1895
6
do
M. A N.
6
do
do
March, 1897
7 3-10 Various
do
do
1897
J. A J.
6
do
do
Jan., 1900
Various
6
do
do
June A Oct., 1900
M. A 8.
Cincinnati.
March, 1908
6
Sept., 1899
7 3-10 M, A S. N. Y., Am. Excb. Nat. Bk.
do
do
Sept., 1899
7 3-10 M. A 8.
do
do
Oc\., 1899
7 3-10 A. A O.
do
do
March 1,1886
7 3-10 M. A S.
F. A A.
Aug., 1886-'97
do
do
7
do
Dec. 1, 1891
J. A D.
do
7
.1.
July 1, 1902
A J.
do
do
7
Julyl, 1902
do
do
7 3-10 J. A J.
May 1, 1906
New Y'ork or Loudon.
6g. or 7-3 M. A N.

1,700.000
1,431,000

1854 to '74
1872 to '74
1874 to '76
1864 to '71
1868
1860 to '76

lie

.1.

6
5
5

300,000
50,000
307,500

1854'to'75

*
A
&
&
&
lb
&
&
&

Various
Various
Various
Various

1,000,000
50,000

1876

House of Correct ion
Main sewers, special assessment
Street iinprovein'ts do
Street openings. Ac. do
Inflninir.v and River dredging

6
6
7

1(M),(>00
C!IH,(K)0

W

Canal and canal lock
School ($2!) 1,000 are

100,000
100,000

tWO.OOO
511,000

River iniprovement bonds
1,000
Municipal bonds
1,000
Municipal and School bonds
500 &c.
Soutb Park loan (secured on South. Div.)
West Cbicafio Park (secured on West. Dlv.)...
1870
i',6oo
Cook County debt
1863 to '72 500 &c.
Oincinnull- Loans to Railroad8.F,A,G.H,I& M 1844 to '54
1,000
Bonds to 0..fe M. RR. to purchase whf. prop.N
1855
1,000
Bonds for erection of a Workhouse
1868
1,000
Bonds for Water Works
C2&C3
1868
1,000
Bonds for Conmion School purposes
P 1860 to '61 1,000
Bouds to O. it M. UI{. to purchase whf. prop. .N
1855
1,000
Bonds for cxt. and inipr. Water W..C, D. ,fcE 1847 to '50 500 &c.
Bonds for fnudiiif? floating debt
A2 1847 to '48 500 &c.
Bonds for new Hospital
S&S2 1807-'C8
1,000
Bouds for fundliif.' lloutingdebt
L
18.53
1,000
Extension and improve. Water Works... K &F
1853
1,000
Bonds to imnhase Orp'u .\syl. grds. forpaik.O
1858
1,000
Bonds for sc\vera;,^e
R
1869
1,000
Bouds for iiii|iroving (jilbcrt avenue
U
1869
1,000
Bonds to Uuihl Eirjileston avenue sewer
B3
1869
1.000
Bouds f«u' iTuprovi-iueut
1871
1,000
Bonds for Water Work purposes
1871-'72
C4ifcC5
1,000
General iinproveuiept
W2
1871
1,000
Cincinnati Southern RR
1872-'74 500 Ac.
do
do
1874
1,000
do
do
($3,14?,000 are gold 68)
1876
500 &.C.
do
(for $2,000,000)
do
1878
Floating debt bonds, coupon
1874
1,000
Park inn>rovement
1875
1,000
Water-works bonds
Dl
1875
1,000
ct.).

7

l..''i!17,00O

1,000
1,000

Lake View Park

2,H2!»,382

•

1!»!»,4!)3

500 &c.

Hospital bonds..;
Street iniproveineut bonds, short
0(ere/onrf— Water works ($225,000 are 6 p.
Fundeil debt ($100,000 are 6 p. ct.)

7
7
7

232,382
106,000
100,000
150.000

.500,&c.

Sewerage bonds
do

J.

750,000

,500,000

do

6

7
7

1.000,000

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

M.

6i7

2,147,2.50

1853 to '54
1866

J.
J,

7&D
7
7 A5

200,000
4,711,000
618,000
842,000
2,050,000

1,000
1,000
1,000

6

7
7

1,510,500
1,870,000

1876
1876
I'.OOO
1876
1877
1858 to '63 500 &c,
1864
1,000
1863
1,000
1856 to '76 500 &c.
1373-'74 500 <te.
1874-5
500 Ac.
1866
1,000
1866 to '76 500 Ac.
1865
! ,000
1867 to '75 1,000
1869-71
1,000

Conversion bonds, to redeem past due debt...
Chtlsea, .l/(i,vs.— Funded debt
Funded debt

7

$8,017,000
1,217,000
319,000

I>i'Ilclcn('y

do
do
do
do
do

do
da
do
do
do

May

15,

Jan.

1,

1904
1896

Aug.,'85, '90

May

1,

A'95

1906

1879 to '95
1878 to '94
1887 to '92
1894 to '96
1878 to '83
1878, '83

A

'84

1878 to '92
1878 to '84
1878 to '86
1878-'87

coupons on West Park bonds were
paid in Chicigo, instead of New York, but payment
in New York is promised hereafter. (V. 23, p. 622;
In July,

V.

187i',

24, p. 443;

V.

26, p. 192, 289, 436, 522.)

CimAnnaH.—1'a. addition to the issues above
named, there remain several smaller amounts, as follows: $108,000 58. November, I8S4; »,'J6,0C0 (.yY2, A
O.) 6s, 1886-88; $17,000 6s (Q.), Nov., 1890; $27,000
6s (A.), Mar..:.e97; $50,000 (H2.), Aug., 1897; fco.OOO
(Z.), Nov.. 1838.
By the census of 1870 popnlatlon

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 Uamilton County,
Ohio, exhibits the assessed valuation of the city of
Cincinnati in the year 1860 and from 1870 to 1877:
Rate tas
Total
per
Personal
Real
estate.
valuation.
$1,000.
estate.
Year.
$».3,0:a,716
$17 45
1880.. $61.62.1.904 $31,411,814
1.36,107,236
31 60
78,736.482
57,370,754
1870..
22 20
180,301,932
56,9.34,044
1871.. 123.427,888
20 10
175,084.296
5.\46J,410
1872.. 119,621,856
23 06
185,645,740
64.166.480
1873. 12I,479,a-«)
S8 S8
181,»50,074
1874.. 128,231,790
58,7 8,584
184.498,SM
81
1K75.. 12\9r6,815
58,521,730
87 04
188,«(8,»«
68,801,066
1876.. 127,143,900
S» 10
179,480,14)1
50,6J9,8W
1877.. 12S,SSU,970
—The city is the sole owner of the stock of the
Cincmnati Southern Railroad, which is leaded to a
company formed to operate it. (V. S3, p. 878. 514;
V. 24, p. 11; V. 25, p. 16; V. 26, p 384, 489, 5«: V.

»

27, p. 91. 175.)

CTeriiiinrf.— The valuation of property foi taxation
in 1877 was $51,732,029 real, and $]9.3W.mpersonal;
rate. 1878, 17 17-20 mills, of which 8 1-5 mills are

ux

levied for iMerest and sinking fund.

The siokins

.

..

CITY SECURITIES.

[Vol. XXVII.

these Tables.
Subscribers will confer a great favor hy giving liiimedlato notice of any error discovered la
INTEREST.
Principal— When
Amount
Size or
Date of
DESCRIPTION.
Where payable and by
due.
When
par
outstanding.
bonds.
Rate.
whom.
payable
value.
For explanations see notes on tirst page of tables.
Olercland—( Conlinued )—
Viaduct (mostly F. & A., A.

I

& O. and J. &

1873 to '77 $1,000
1,000
1877
Bonds
1,000
1878
Bonds
'59
purposes
1855
to
City
Delroil, llicn.- Bonds for various
Bonds for Water Worlc Co., on city's credit. 1855 to '76 i",6oo
1859 to '71
Public Building stock (City HaU) bonds
1872 to '74
Public sewer bonds
1871 to '74 1,000
bonds
Elisabeth, N. J^.— Improvement
1870 to '75 1,000
Funded debt bonds
1872 to '73 1,000
School House bonds
1865 to '66 1,000
Market House bonds
1875-'76
1,000
Consolidated improvement bonds
Bonds duo 1905
Large.
Fall River, Mass.— City notes
lOOO&e,
City bonds
1,000
do
1,000
do
1,000
Water loan
1,000
do
1,000
do
D.)

Fitchbvrg, JUuss.— City notes
City bonds
Water loan

$1,568,000
213,000
200,000
141,400
1,501,000
600,000
340,500
729,500
767,000
90,000
66,000
2,477,000

do
I860 to '74
Bonds for various purposes
1877
Limited debt bonds (sinking fond '2 per cent)
1876
Galveston County bonds, G. C. & S. F. KR.. .1,000
Hartford, Conn.—Water bonds ($50,000 due '81)
1,000
Water bonds
100 &c,
do
1,000
do
1,000
City bonds (H. P. &F. RR)
1,000
Park bonds (4 of these bonds are for $500 each)
1,000
Funded debt
1,000
Capitol bonds
1871-'74
Holyoke, Mass. City notes
1,600
1874
City bonds
1872
1,000
Water loan
1873
1,000
Railroad loan ($60,000 are J. & J.)
500
Indianapolis—BondH to railroads
1869 to '70
BondB to Un. RR. Transfer Stock Yard Co.
1877
1,000
1,000
Loan bonds, series A
1873
1874
1,000
do
do B
1874
1,000
do
do C
1875
do
do D
1,000
1874
500
Purchase-money bonds —Southern Park
School bonds— By Board of School Comm'rs.
1873
1,000
School loan, coup
1877
1,000
Jersey City—Watev loan bonds, mostly coupon. 1852 to '67
1,000
Water loan bonds, mo.stly coupon
1869 to '73 1,000
do
do
do
1877
1,000
Forty-year bonds
1873
1,000
Improvement bonds
1871
500 c&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&o
do
improvement and water bonds
1869
l,000&c
do
bounty loan
Various. Various
Green villa street improvement bonds
Various. 500 &c.
Ten-year bonds, coupon or registered
1876
Laierenre, JIoss.— Funded debt
18.59 to '64 5066&C
Funded debt
1862 to '75 5000&C
do
1874
1,000
Water loan
1873-'75 500 &c.
Leuiiston, Jfe.— City bonds ($25,000 each year).
City bonds ($50,000 each year)
do
($110,000 due 1885, $210,000 1891)
Lewiston & Auburn Railroad
Water bonds
Louistille, fiTi/— For JeHersonvlUe RR. stock...
1852
1,000
Subscription to stock of L. &N. RR
1854
1,000
Water works
1857 to '67 1,000
do
1873
1,000
For improvement of streets
1866 to '67 1,000
Re-constructing street
1873
1,000
Public buildings and institutions
1871 to '73 1.000
Public school and school houses
1853 to '70 1,000
Sewer bonds
1868
1,000
do
1871
1,000
Elizabeth & P. Railroad
1868 & '73 1,000
Wharf property
'54,'62,3.8
1,000
.

430,500
268,200
600,000
400,000
300,000
372,000
850,000
50,000
400,000
300,000
100,000
505,500
306,000
414,000
250,000
125,000
475,000
202,000
500,000
130,000
300,000

-

-

—

. .

.

fund, Jan., 're. amounted to Sl,7(X).0O0, market value.
The sewer, street improvement and street opL'ning
bonas are for epecf;il local improvements, and
redeemed by assessments on the property benefitted.

Mich.— The amnnnts of bonds outstanding
are given less those held bv sinking fund. The
population inlSro was 79,i)01; in 1874, by State censns. 101.08:). The value of waterworkais $i,483,880,
agalneta debtof $1,551,000. The waterworks bonds
Detroit,

are Issued on a pledge of the city credit, and $75,1X10
per year collected in taxes to pay interest on them.

Assessed valuation, 1877,

real estate, $71,359,605;
$2a.349,770-total, $93,709,375, which is
the basis or true value, but prior to 1876
assessments were on basis of 30 per cent of real
value.
Tax rate, $0 92 8-10 per $10J.

personal,

maae on

EHzabeth,N'. j:— Total debt of the city of Elizabeth Jan. 1, 1S78, was stated at $5,380,000, as fol4ow8: General debt, $2,9.50,000; assessment debt.
$8,430,fi00.
Estimated true value of real and personal property, $34,000.0011; assessed valuation,
$16,000,000.
'fax rate is $2 50 within the lamp

and water

district,
in 1875. 25,000.

and $2

10 outside.

Ponalation

1893 & 1907
York,
Sept. 1, '78, to '86
do
1898
1878 to '89
Various N. Y. Metropolitan N. Bk,
do
1878
to 1906
do
Various
do
do
1879 to '91
Various
1892
do
to '94
do
F. & A.
1878 to '81
& T. Co,
Various N. Y. Farmers'
to '95
1880
do
do
Various
1881 to '93
do
do
Various
1878
to '86
do
do
Various
1885 to '96
do
do
A. & O.

&7 Various

6,

M.

6
6

7
7
7
7
7
7

&

7

7

1,000,000
227,000
243,000
250,000
226,500
155,000
500,000
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
249.000
150,000
91,700
133,000
262,000

F.

M.
M.
M.

6
6
6

&
&
&
&

&
&
July 1, 1893
& J Boston, Merchants^ Bank.
July 1, 1891
do
do
& J
July 1, 1895-1906
do
do
& J.
1874 to '95
Galveston.
Various
10
1907
do
M. & 8.
8
1906
New
York.
10
J. & J.
6
J. & D. Merchants' Bank, Boston. Junel, 1879 &'81
July
do
do
1, 1881
6
J. & J.
& J. Phoenix Bank, Hartford. July 1, 1890-'93
6
Aug.
City
Treasury.
1, 1900
&
A.
6
June 1, 1891
& J. Suffolk Bank, Boston.
6
1882
& '84
Merchants'
Bauk,
Boston.
Aug.
1,
&
A.
6
City Treasury.
Jau. 1, 1893
6
& J
1897
do
Jan.
1,
& J
6
City Treasury.
1878 to 1886
6& 7 Various
Oct. 1, 1889
'do
6
A. & O
Jan. 1 1900
do
6
J. & J
Jan.&Apr.l,
1894
do
7
A. & O.
City Treasury.
Jan. 1, 1889, to'90
Jan.
6
Jan.
1,
1897
Y.,
Winslow,
L.
&
Co.
N.
6
J. & J.
July 1, 1893
do
do
73
& J.
7-3
do
do
July 1, 1894
J. At J.
7-3
July 1, 1894
do
do
J. & J.
7-3
do
July 1, 1895
do
J. & J
7-3
Jan. 1, 1899
do
do
J. & J.
do
do
Oct. 1, 1878
8
A. & O
do
do
Oct. 1, 1882
5
A. & O.
6
J. & J. N. Y., Merch. Ex. N. Bank. Jau., 1879 to '95
1899 to 1913
do
do
Various
7
July 1, 1907
do
do
6
J. & J.
July 1, 1913
do
do
7
J. & J.
May, 1891
do
do
7
M. & N.
1892 to '94
do
Various
do
7
June
do
8, 1900
do
7
J. & J.
Various.
do
do
6& 7 Various
July
1,
1896
do
do
7
J. & J.
Various.
do
Various
do
7
'98
1900
to
Jan.,
do
do
7
J. & J.
July, 1889
do
do
7
J. & J.
1879
& '89
July
1,
do
do
7
J. & J.
Various.
do
do
Various
7
Various.
do
do
7
J. & J.
June 1, 1886
do
do
7
J. &D.
6

F.

7

M.

6
6
6

J.
J.
J.

-

,

.1.

51a

6
6
6

1,300,000
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

6
6
6
6
5

6
6

Various
Various

& J.
& O.
& 3.
& D.
& J.
& J.
A. &. O.
A. & O.
A. & O.
Various
M. & S
Various
J. & J.

J.

A.
J.
J.
J.
J.

Various
Various
J. & J

425,000

J.

& D

Various
Various

1,093,000
293,000

—Bonds all coupon, 'nit can be
Smklng fund, $li,000. T ital debt,
Tax valuation, lj77, $9,399,820. PopulaMass.

tion, 1875, 16,280.

Indiinapolis.—The assessment of taxable property in 1377 was $55,367,215; taxes for that year,
$630,112, or a levy of $1 13 per $100. The bonds
to Union RR. Transfer Stock Yard Co. are secured

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

is

Jersey Clty.—The total bonded debt of the city,
April 1, 1877. was stated at $14,737,450. The sinking

fund was $770,000. Assessed valuation,

1877: Jersey
City, real $51581,869, personal $6,0 8,150; Iloboken,
real $14,016,900, personal $1,440,400; Bayonne. real

Fail Diver. Jfo**.— The sinking fund amounte 1 to' $5,183,-!.'!5, personal 815!t,':7.''. Population
by State
$148,0.8, January 1, 1877. The water works are census in 1875 was :!6,883. against
85,000 by U. S.
fompleted. Total debt, *3,5J7,04:. Popnla- census of 1870. ( V. 2 p.
!,
521.T
tion, 1675, 46,340.
Lawrence, Mass.-ToM debt, $1,872,6.50, of which
Fitehburg, JItos.— Sinking fund, $69,.'i00. Total

Bonds

all

'I'ax

coupon.

valuation,

18TB, $11,711,888.
12,289.

Population, 1875,

Galveston, Texat.— The total city debt Sept. 1, '77,
was $881,400, of which all are 10 per cent, currency,

except $.3.5,000 park 88, due 189M902,and thelhnlted
a«bt bonds. (V. 25, p. 283.)

$:M0,000 matures in l>i77. No sinking fund. Tax
valuation, 1876, $33,90i,598; rate, 190. Population,
»-

,

1875,34,916.

Lewi'ton,
$118,51)7.

Afe.-Total

The

1878 to 1«88
1878 to 1891

do

Aug. 1, 1894
Boston, Revere Bank.
A.
May 1, 1895
N. Boston, Bank Redemption.
do
do
Nov. 1, 1878-1880
N.
do
do
Nov.
1, 1892-1906
N.
Aug. 1, 1899-1905
do
do
A.
City
Treasury.
Nov.
20, 1882
N

now

debt, $814,993.

.

City Treasury.

Various
Various

ToM

$!i6i,5:i0.

New

'

debt, April, 1878. $3,050,-1
Hartford, Conn.—
net. after deducting resources, $2,152,1()0. lax
rate in 1877, 9X mills for city, and an for town purposes; fjr 1878, 8X mills for city is recommended.

Holyoke,

Am. Exoh. Nat. Bk.

,

7

00;1;

registered.

N. Y.,

8.

(?)

1,000
1,000
1,000

Oalvesion, Texas-

,

debt, $1,203,903; assets,
railroad bonds w,!ie irsued to build

the Lewiston & Auburn RR., which
the cities of those uauies.

is

owned by

1878-1884

Boston, Tremont Bank.

do
do
do

1878 to 1892
July 1, 1894
Oct. 1, '90, to 1906
July 1, 1878 & '82
Junel, 1883 & '88
July 1,1885&1901
July 1, '93-1913

do
do
do

City Treasury.

do
do
do
do

Oct.l,'97-1907-'17

N. Y., Mercantile N. Bank.

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

Louisville.

April,
April,

1882
1883

1887, '89, 91

March

1,

1883

1886,' 96, '97

Julyl, 1903
1891, '92 & 1903
1883 to '89
New York and Louisville.
July, 1898
Louisville, City Treasurer.
June, 1901
N. Y., Bank of America.
1888 & 1903
do
do
1878 to 1808
Louisville and New Y'ork.
N. Y., Bank of America.
N. Y., Bauk of America.

Louisville.—The funded debt, January 1, 1878,
was
exclusive of loans piy ble by railroad',
Of
$3,182,000, against $^,268,0,0 January I, 1877.
the $8,183,000 there is payable out of the sinking

fund S3,6t;4,OO0; p.ayable by special tax, $4,518,000.
Population by conens of 1870 was 101,750, against
68,053 in 1850;

now

estinuited

upon the

basis of 7 to

a voter makes 120.000. Assessed value of property
was highest in 1874. being then $78,295,114; in 1878 it
is $63,194,437. Rate 01 taxation for all city purposes
in 1877 was $2 25 on $100 in each district.. The following figures give the assessed proiierty valuation
for the past nine years. For 1870, $7.1,806,712; 1871,
$76,845,9)5; 1872, $77,1.56,613; 1873, $77,225,372; 1874,
$78,'i95,114; 1875, $75,.5;J6,81i: lS7ii, $71.849,7?i; 1877,
$63,5>2,947; 1318, $'j3,bi4.4S7. In order that this

m

shrinkage
values may be better understood, the
following table is added:
1874.

1876.

1878.

Grot)nds&impr'ts.$62,518.92! ;56,38i',964 $48,770,596

Merchandise
Residuary
Personalty

The Mayor

9,696 40!
6,664,930
714,860

«,061,15rt

6,897,733
609,9.5

7,213,601
6,614,321
5',)5,969

in his messaie. May, 1573, says that the
(loatiNii debt, Jan. 1.^18;8, wis $1,0:!8,654, less
$161, '•02 of available tax hills. He says a'so: "I
deem it entirely appropriate to state here that the
bonded debt is really $316,000 less than the amoimt
above quoted, as the siuki.'g fund has purchased to
date sor 6 per cent and 18 7 per cent bonds, in all
313 bo-.ids of $1,000 each, which they hold as an inves'mt-nt. This would in reality reduce the bonded
debt 10 $7,867,000. As assets aaainst this liability
he city owns every share, except two, of the waterworks; nearly $1,000,000 of gas ttncK. *1,00.1,000 of
Nashville RK. stock, at 40j., or $400,COO; wba:f
.

iroperty, &c., &c."

;

'

f
ACQC8T

CITY SECURITIES,

81. 1878.J

SubserllMni will oonftor a acreat turor by clrlnc Immedlat* notl«« or mar arror 4lM*v«ra4 la tbesa Tablaa.
Date of

DE8CHIPTION.

Size or

Amount

par

outstanding.

Bonds.
For expliiiiatloQS nee iiotoa

Lovi/irillr. Kij.—( Continued)—
JhII ImiiuIh
For old liabilities

1868
$1,000
1800
1,000
1870 to '74 1,000
1871
I.oiil«vlIle, New Altmny & St. L. Air Line KR.
1,000
1871
1.000
CliniiK<> of gniigo, LoiiUv., Cln. ic Lex. RR
1871 to "73 1 ,000
do
Roiiil lied
do
1 ,000
Oily lioiids pn.r'blo by KR8.(raoi<tly L.<&Miu<li.) 18.M to '63

toirrll, .l/n»«.— City
WaltT iioloH

Will rr

'75
to '76

notcH

Large.
Largo.
1,000

18.'52 to

1871
1870

bonds

Lynn. Maiis.— iMy notoa
1870^''3-'6

Wit Icr noirs

1871-'4-'6

WattT bonds

House
/A.— Cilv bonds

Ilallunil School

J/a»if/irA-/f/*, ,V.

Large.
1.000

471, .500

450,000
387,500
44,200
117,000
80,000
70,000
200,000
400,000
40,000
37,500

1862 to '76 500 &e.
1857 to '67 1,000

Fundi'd debt
('lt,>'

5.10,000

Cily bonds ($70,(K)O'l88l, $10,000 1885)

do

Water bonds ($100,000 cneb year)
do
do
do
PewiT bonds ($8,000 1878, '80, '81,
8iin»*<u>k

'?3, '86)..

Valley Kallroad

1867 to '68

Memphis, Tenu.— Soliool and paving bonds
Post bonds

1867,

Fundi iiB loan gold
Mississippi River Railroad bonds
,

Endorsement Meinpbis * Little Rook RR
(.'onipi-oinise- In mils, coupon
MUwanl:tc— Re-adjust men t bonds
General el ty bonds
do
do
Water bonds, coupon
do
registered
Uinneapolis, Minn.—City bonds
City bonds
do
Western division
do
do
do
do
Jfofti/e— Funding bonds (act March i), 187.5)

Tax

New

dclit bds, cp.

(local liens).

1,000

1857
1877
1861
1871
1876
1872
1872

1,000
1.000
1,000
1,000
1,000
10,000
1,000
1,000

bonds
Mass.—City bonds
improvement

ari'e.ara^'e

1878
1876-'77
1861-'74

1875

10,000
War loan
1,000
Water bondc
1876
1,000
do
1807 to '76 1.000
do
1872-'74
1.000
Jfew Ha pen, Con».— Sewerage
1,000
City Hall
1,000
City railroad ($a0,000 payable each year)
1,000
City bcuuU (lO-'JO bondsl^
1877
1,000
ff.Ort««»K-Cousol.debt
ruans—C
($650,000 pay 'ble y'rly)
1852
1,000
Railroad debt
1851-55
1,000

Waterworks loan

of

1

SG9

Seven per cent funding loan of 1869
Seven per cent fuiuling loan of 1870
Jefferson City (debt assumed)
Wharf inipr. bonds (assumed by lessees)
Street improvemeut bonds
Consol. gold bonds (gen'l and drainage soriea)

Ten per cent bonds,

deflcit and old clalin
preiuiuiu bonds (in exchange)
N. O. Waterw'ks Co. new bds.(for $2,000,000)
Ifeieton. Mass.— Vity bonds and notes

New

Water loan ($600,000 6s, balance 58)
2fae I'orfc— Water stock
Water stock
Croton water stock
Now Crot«>n Aqueduct stock
Additional new Croton Aqueduct
Croton water main stock
Croton Reservoir bonds
Croton Aqueduct bonds

—

LcwtU. Masfi. .All the notes held by eavings
Water loan sinkinir fnnd, fffli,!;!)?. 'Tax
valastion. 1876, t3»,: 98,4(50 ; 16n. t8!l,:M5,S66. Total
dtbt, 4 2,331 ,C(X). Population, 1875, 49,6f 8.
Lynn, Maff.-TuisH debt, $2 266.000. Sinking
fund, $l"«,47ii.
Tax valuation, 1870, $20,V27,l;5.
Populatiovi, 1875. .33,eon.
Manchester, N. //.—Total debt, $1,019,49!: assets,
banks.

$83,367.

Memphis, 7Vnn.-Thc city has been
Interest since Ji n.

1,

1873.

The

in default for
total floating debt

July 1, 1877. was 82,005.fl7'l of which t7.35,420 was
overdne interest, and there were nominal acsets
(nnpaid taxes, &c ) to balance this of $2,113,690.
The circular «f ,luly, 1877, urging the cily creditors to accept the pronoyiuou had the following;
"Theec new bonus are et*itei.-ialiy valuable,
ai.d the coupons are made
iBt, bee nse th'-y
receivable in payment of nil taxes and demands
of the city, and ihl- fi',iture is expressly made
a part of the contract with the nondnoldere;
3d, It is part of the contract, and irrepealable.
that the city shall not Issue any more bonds.
The annual Ievy<,f tuxes for all purposes will of
conree exceed the amount <f the niiuual intercut
coupons on the-e bonds.
Hence the Interest is
as- ured at all ev» nts, even If by inevitable mlj^fortnne the city should fail to pay ihe interest in
money. The propusiiion is to issue the new compromise bonds in exchange for the present indebtedness (including iniereet on past due indebtedness) at 50 cents on the dollar.
For judgments the
Legislature authorizes the payment t»f 66 cents."
To April, 7-». Sl,80n,(;00 old bonds hart been funded.
Assessed valuation of real estate. 1875. $19,.3'^,600
personal, about le.SiW.roo. Tax rate. $2 per tioo
Popnlation in 1870, 40,230. (V. 23, p. 879; V. »1, *^
p
887; V. 35, p. 114.)

1870
1871
1872
1871

1,000
1,000
Various.

I

1

5

Bank

1889

of America.

do
do

do

7
7
6
7

A.
J.

F.

do

do

&
&
&
&

July l.'l»l-'94-'96

1879 to 1896
1882 to 1896
Jan. 1, 1880-1894
April 1, l884-'85

May

F.

A.

City Treasury.

A.
A.
A.

do

8.

AA.
& O.
& O.
& O.
& O.
A. & O.
A. & O.
A. & O.
J. & J.
A. & O.
J. & J.
J. & J.
Various
J. & J.
M. & 8.
J. & D.
Various
J. & D.
F. & A.

7
6,7
6

5
5
6

7
7

6
6
5

6
6
5
8
7-3
7-3

7g.
10

July. 1872
1907
June 1, 1891

1901
1896
1902
1902
'J. 1892
2. 1894
May 1, 1905
1881 to 1885
1886 to 1900
Jan.

June

Jan.
Jan.
Dee.
Feb.

&

do
do
do
Orleans.

New York or London.
New Orleans.

O.

1,
1,
1,
1,

July,'91-'96-1902
Feb. 1, 1891 A '99

Nov.

1,

1901

N»v., 1905
187.5-77-79

1870 to '96
1877 to '93
1878 to '91
91
1895
1908

April, 1888, to'

July
Aug.

1,
1,

1879 to '93
1876 A 1892
1908
1886-'87

1889
1910
1884
1904
1909
1909
Oct. 1,'91 A 1901
JiUy 1, 1881
Oct. 1,1877 to '86
JiUy 1, 1887-1897
July 1, 1892
1874-5 A 1894
Jan. 1, 1899
March 1, 1894
June 1, 1895
1887 to 1897
Dec, 1880
Aug. 1, 1911
July 1, 1922
April 1, 1881

do
do
do
do
do
do
do

Q.-J.
A.

1893

Aug.l,1878t«'87
1873 10 1902
1873 to 1900
Nov., 1900

1879
1891
1878
190O
1885
1883

City Treasiirj'.

New

1.

July 1. 1890-'95
1887-'92-'97-1012
July 1,1 878 to '85

A.

Various

6

7

Newark, City Treasury.
do
do
do
O.
do
J. Newark, Meob. Nat. Bank.
Newark, Meeh. Nat. Bank.
do
do
do
do
do
do

M.

7

7

1886 to 1894
Nov. I. iMiM)
1H7H to 1890
1H78 to 1890

N. Boston. Bank Redemption.
City Treasury.

Various
Various

6<fe7

A 1901

Sept.. 1H91

&
do
J. & J,
Memphis.
i
M. AN.
i«7
& J
Cliarleston, 8. C.
6
& J. N. Y.,H. Talmadge&Co.
5
* D Mllw. and N. Y., A. Ooettel.
7
& J.
do
do
7
& D.
do
do
7
& J
do
do
7
& J.
do
do
8
& V New York, Park Nat. Bank.
F. & A.
8
do
do
M. & N
8
do
do
10
Various
do
do
8
J. & J
do
do
7
J. & J.
do
do
P. & A
8
do
do
7
M. & N.
do
do
M. & N Mobile, Mob. Savings Bank
6
6
Various
New York.
Various New York and Nashville.
6

6&7

Out. 1, 1898

1880, '94

Feb. 1, 1880
July, 1901 A 1903
Ix>ulsvllle.
1881 to '93
City Treasury.
1878 to 1894

J. dE J,
F.
A.

6
6

441,1.50

to
to
to
to
to
to

5
5,

City Treasury.
1879 to 1895
Boston, Comm'nwealth Bk,
July 1 1905
Inter'tispayableatCity (
1879 A 1880
Comptroller's Oltice,
Nov. 1, 1902
New Court House, ex1883 A 1I-90
Aug. 1, 1884
cept such int. on the
gold bonds as is paid
Aug. 1. 1900
and
that
is
Nov.
1,1900A1906
abroad,
payable at Messrs.
1907 to 1917
1907 to 1911
Kofhschild's In L'nd'n.

6&'oia

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

,

|

6
5,
5,

6

I

&

7

6&7

i

I

6

6

I

—

1875, 101.000.
(V. 23, p. 623.)
Minneapolis, J/i/in.— Total debt, $97I,5'0; tax
valuation, 1876, $21,&34,078; bonds all coupon.
yI/(Aife.— The valuation of property In 1877 was $11,033,019 real estate and $6,118,462 personal property;
tax rate, 1 8-10 per cent. Interest was in default
from July, 1873. A settlement with bondholders was
offered by Act of March 9. 1675, viz.: $510 in 6 per
The 5
cent bond for $1. (XX) of the old 8 percent.
cent bonds have a lien on city revenue, and
I cr
exchange for these was offered at Vt per cent of
their face.
Up to Jan., 187f, there had been
settled, of old bonds, all except $12,10.1 of oM
bonds. A, B & C ; $5«.«
of bonds D. K & F; 83^.500 8s of 187". ; $123,000 of Mob.
Gt. Northern RR.
Ala. Grand
8s; $16,000 wharves 8s; $30.0f0 Mob.

&

A.

York.

& J. Boston, Bank Republic.
Various Treas'y & Bost. Bk. Repuli.
Various
do
do
J. & J.
City Treasury.
A. & O
do
M.& N. Suffolk Bank, Boston.
J. & J
do
do
J. & J
City Treasury.

ifilwaukee. The city cannot issue debt beyond 5
per cent of lis average assessed value for Ave years.
In I87S, vauiation was $.38,743.42i real, and tl4,93I.763 personal properly; tax rate in 1875, 2.':M mills.
Sinkl:g funds are provided for all the bonds.
There is also about 817,000 scrip issued to settle
old railroad bonds.
Population by State census,

A

and tl51.0Oii Moh. & Northwestern KR.
8a.
Also about $145 000 overdue Interest on these
issues.
A mandamus was issued from the U.S. Circuit (^curt, and the .\uditor'8 report says that
* unscrupulous bondholders succeeded in grinding

Trunk

N. Y.,

Mew

J.

5,0
6
6
6
6
6

775,000
295,900
707,300

387,000
771,000
2,414,000
500,000
2,900,000
250,000
3,614,600
4,521,000
970,637
490.000

bue.

do
do

Various
Vailons

5, n't.

98,000
410,000
30,000
225,000
383,000
11,232,140

1864 to '75 l,000&c
1875
1.000
1841 to '63' 100 &c.
1872
100 &c.!
1846 to '69' 100 Ac.
1S65-6
100 &c.
1870 to '77 500 &c.
1871 to '77 500 &c.
1865 to '74 100 &e.
1866 to '70 100 Ac.

do
do

Various
Various

M.&

6
6,7
6,7
6

4,3S'2,250

1869
1869
1870
'57, '67,'70

6,61a

1 10,000
115,000
125,000
1,785,122
214,000
1,155,000
73,000
1,890,000
500,000
400,000
700,000
2,500,000
3,030,000
700,000
646,000
179,600
223,000
148,000
100,000
400,000
200,000
499,000
60,000
200,000
150,000

1,000
100 &e.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

1875
1878

7
e

&
&

ODd

Loulsvillo

do
J.
do
Various New York and

F.
J.

5 to 7

124,.500

500
500
500

1875
1849
1870 to '7

7

341,000
60,000
300.000
900,000
350,802
242,000
100,000
429,000
1,171,000
250,000
70,000
50,000
60,000

500 &c.

.

or reg. (act Apl. Sil,'76)

lled/ord,

City

1870

& O

A U.
Various
M. A 8.

7

1,300,000

\

1,000

Clinton Hill bonds, coup. &reR. (s. fd. 3 p.o.).
Corporate bomls, coui). or re;;.(act .Apr. 21,'76)

Floatiug

500 *o.

500
500
500

XaKhrille. Ttnii.— Nashville & Chatt. Railroad.
Various city bonds
A'cifar/i— Bonds, citv purposes (s. fund of 1859;
War bonds, lloatiui: debt, &c. (s. fund of 1864)
Public school bunds

Sewer uud improvement bonds
Aqu«duct Board bonds

'8, '9

A.

'Wbm

PrincI:Ipal—

Wlioni.

J.

7

1,300,000

I/arge.

IMTERB8T.
Wboro Parable oud by

Payable

6
6

$134,000
86,000
605,000
500,000
107,000
350,000
1,508,000
521,000
610,000

do

do

When

Rate.

Value.

on Unit imgc of tables

8s;

$113,663; tbose In second line oat of
sinking fund of 1864, (1,013,623; public school bonds
out of public school fund, $141,911; Clinton Hill
bonds by sinking fund, $I0,C81; tax arrearage,
$165,000; against local improvement bonds tne
city holds $i,074,5l3 of assessments nnpaid and a
lien on the property. Temporary loan bonds, Jan.
Valuation of real and
1, 1878, were $1,192,000.
personal property, 1876. $97,116,004. Tax rale for
all purposes, 1877, $1 96 per $1C0, against $1 93 in
Population in 1870. 105,069.
1876.
New bKlford, Ma»s.-TottL\ debt, $l,'.')0,6f0. N9
sinking fund.
Tax valuation, 1870, $33,9»«,014.
Population. 1875. 25,f95.
New Haven, M»m.— Total debt. « 989,000. Sinking
fnnd on City Hall loan. $47,969 73, The citv has
made a " speclRl lean" of $75,000 to the New Ilaven
& Derby RR . and "guaranteed" $2ilj.000 of its
second inoitgage bonds, on which the cit.v has been
obligc'J lo pay the interest, and on t&o,000 of the
special loan. Interi st advanced to the road, $82,890.
Population, 1870, 50,840.
A«ti> Orleans.— K decision io Jnne. 1ST8. holds
Invalid the special tax p ovlslons for consolidated
bonds. The floating debt. Jan, 1, '78, was $1,841,988.
The assessed valuation of property for 1878 is
$111,123,6"5, real and personal. Stale tax, 14J< mills;

amounts to

A

out of the poverty of our people the satisfaction of
their claims." Population about 88,(i0». (V. 20, p.

scheme for
city tax, 15 mills; total tax, 29^.
settlinc the debt by n bond premium drawing plan
IB In practice, and drawings take place January 81»

802.)

April

Nashville. Tenn.—Xt the close of tht fiscal year,
Sept. 30. 1877, there were $121,800 of pa8t.due bonds

V,

and

S17fl.f00

nnpaid coupons.

The

total

debt was

8l.671.:«in. Assessed valuation of all property,
$18,000.0(10; tax rate. 1877. 2 per cent.

Newark.— T\M bonds

about

in the first line in the table
are payable out of the sinking fnnd of 1(69, which

:8, July 81, and October 16,
187>. 191,418; In 1860, 188,67a
(V.
27, p, 14".)

Popclatioo
26,

p, ^36,

ia

61T;

^eulll^n. Mat*. ToUl debt, $1,218,054. Tax valaation, 1677, $2»,645,»49; rate, 1 M. Population. 1875,
16.'06.

New Tort
Jan.

1,

Clfy.— The total debt of New York.
was $148,821,067
the amount of

1878,

;

.

.

:

CITY SE0URITIE8.

xn

[Vol. XXVII.

sabaorlbers will confer a sreat tavor by giving Immediate notice of any error discovered In tUese Xables.

DESCRIPTION.

Date

of

Bonds.

For explanations see notes on first page of tables.

Size or

Amount

par

outstanding

Value.

INTEREST.
Where payable and by
'payable
whom.

When

Ttate
*'*'®-

Kew York— ( Continued)—
100 &c

$450,000

7

Cent. Park fund stock ($275,000 only due '98) 1857 to '59 100 &c.

3,341,071
500,000
24,000

7

1869

Croton water pipe bonds

Improvement bonds
1874
Third Avenue improvement bonds (23d ward)
1877
Central Park fund stock
1856
Central Park improvement fund stock
1858 to '71
Dock bonds
1870-'78
Market stock
1865 & '68
City Cemetery stock
1869
City improveiu't st'k (part red'mable after '96)
1876
1870-'73
do
do
Lunatic Asylum stock
1869-'70
Fire Department stock
1869 '70
Fire telegraph bonds

1870-'73

Tax relief bonds
do
do coupon
N.Y.Bridgebds ($1,500,000 red.afterJuly,'9C)
Accumulated debt bonds
Street improvement bonds
Street opening and improvement bonds
Ninth District Court-house bonds
Department of Parks improvement bonds
Assessment bonds
City parks improvement fund stock
Normal school fund stock
Public school building fund stock
Additional Croton water stock

1869
1870
1869-'77
1869-'70
1874-'77

1871
1871
1874^'77
1874-'78
1871-'78

1873-'76

500
500
500
500
500
500
500
500

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

1874
1877

500'

'<fcc.

1871
1871
1871-'78

Sewer repair stock
Consolidated stock
],
do
20-50 (redeemable July '96;
Museum of Art and Natural History stock
Third District Court-house bonds

Armories and drill-rooms
Liquidation of claims and judgments
Central Park commission improvement bonds
County Court-house stock
do
do
No. 3
do
do
No. 4&5
Soldiers' bounty fund bonds
Soldiers' subs, and relief red. bonds
Soldiers' bounty fund bonds. No. 3
Soldiers' boimty fund red. bonds, No. 2.
Riot damages red. bonds
do
indemnity bonds
Assessment fund stock
do
do
do
do
Repairs to buildings stock
Consolidated stock, gold, coupon
Accumulated debt bonds
N. Y. and Westchester Co. improvement ijonds
.

,

Consolidated stock

For State sinking fund deficiency
......
Debt of Westchester towns annexed .
yor/oit, ra.— Registered stock
Coupon bonds ($20,000 due '94 are 6s J. & j.)
Trust* paving, coup, (pav'g, $189,300, J.&J.)
Coupon bds, water (a mort. on water works.)
Norwich, Conn.— City bonds

1872
1874
1876

1875-6

1876
1862 to '68
1871
1872
1864
1864
1865
1865
1864
1864 to '72
1868 to '72
1873
1875
1870
1871 to '72
1869 to '70
1870
1874
1874

1871

-

Water loan ($50,000 1890, $256,d6o, 1898)'"'
Court House
if.

./.—School bonds

1858-'73
1862-'71
1869-'71
1869-'77
1863-'65

S.)

1877

'.'..'.

P/uUtdelphia— Bonds prior to eonsolidatiou

Bonds

1877-'78

for railroad stock subsidy suhscript'ns

do for water works
do for bridges
do
for park and Centennial.'.
do for war and bounty purposes
do municipal, school, sewer, &o
Guaranteed debt, gas loans

'.'.'.'.'.'.'.'..'.

500 &c.
500 &c.
100 <fec.
100 &c.
lo'o' '&c.

100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
500 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100
100
100
1,000
1.000
1,000
1,000
1,000

do

Funded debt bonds
Improvement bonds
Sewer bonds ($125,000 are M. &
War bounty bonds
Funding bonds, "A"
Renewal bonds, "B"

."iOO
."lOO

ib'o

1870-'74
1872-'73

City bonds

Pater«oH,

500
500
100 Ac.
100 <Scc.
500 &c.
100 &c.
100 &c.
500 &c.
500 &c.
100 &c.
100 &c.
100 &c.
100 &c.
500 cfec.
500 &c.
100 &c.
100 Ac.
100 &c.
500 &c.

to '71
to '70
to '70
to "65
to '70

Peoria, 7««.—Schonl loan...
Water loan (.$50,000 each 'vear)
Water loan

do

Bounty loan (,$2 1,000 eacii year)
& Rock Island Railroad

.'
.'

Peoria

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

Sinking funds J31,080,007. The following statement
shows the details of funded debt, and the amount
In the city linking fund at the dates named:
Description.
Jan 1, '77. Jan. 1,'T8. July 1, '78.

M. & N.
Q.-F.
M. & N.
M. & N.
Q.-F.
Q.-F.

6
5

6&7

5&6

6&7

rate for 1877 was placed at 826 50, to
$29.1"o.940.
By an act of 1874 the towns
West Farms, Morrieania and Kingsbridge, em-

raise

bracing about 12,000 acres, were annexed to New
York. The report of Comptroller Kelly to August
1,187V, IS given at some len^'th in V. 25. p. 19.3.
Mayor Ely in his message Jan. 1878, remarks The
Net debt...
91,452,811
>,n,.S60,lS6
88,790 411 pist year (1-77) will be memorable, I hope, as the
Temporary debt. 8J,3n,400 i!l,3-29 .500 20 778,500
beginning of a new epoch in the flnaucial history of
Eevenne bonds..
6,104,844
6,051,431
n;869;5)l our city government. P,)r SO ymra previous onr city
The population of New York by the U S censiis debt had been steadily increasing. Prom an inabout $18,000,000 on Dec. 31, 1857, at
^^'^ '° 18<»: S°nce debtednes.? of °"^"
I^'^^f 3,'*i'K^''
7'^'"'^' namely, December 31,
i^' thJu^J'., w° ™'iation, rate of taxation, and So^.'^^?''""'''''"
186(, the amount had increased to $33,914,431 S6
" ''"
" ^''"' ''*™ '"^'^° ** '"' This covered the period of the war. during tw,i
"owsyears of which, 1863 and 18:4, more than
^Rate tax p.
$13,000,000
^
was added to the debt. Prom 1867-8 may be dated
Res'
Personal
$1,000.-,
Net
Ihe accession of the corrupt administration known
Tear, estate.
estate. State. City.
debt.
as
the Ring" to full control. This dynasty conS
$
Untied in power for nearly Ave years, uniil
1873,
1861. .406,9.55,665 ir4,6ai,.306 3 6S 16
36 f 80,087,.301 during which period the aggregate debt of
the city
186a...S99,,55«,404 172,416,031 3 87
13 45
ai,695,.506 '"" '!'?'-'',«' fa''""'''
186',

Funded

delrt

.

1880
1887 & 1898
1879
1880
Jidy 1, 1898
1887 & 1895
Nov. 1, 1901 to
1894 & 1897
1888

399,300
5
6
3,849,800
'8
6,150,000 3g..5,6,7 M.& N.
6& 7 M. & N.
206,000
3^^
M.& N.
75,000
7
a .a
'89,'92,'96 & 1928
2,025,900 5& 6g. M. & N.
M, & N.
7,269,400
7
1889 & 1892
"a
M. & N.
700,000
1889
M. & N.
521,953
6
1899
M. & N.
597,586
6
1884
o »
M. & N.
2,767,000
7
1879
M. & N.
3,000,000
7
1890
M. & N.
3,000,000
1905 & 1926
M. & N.
6,500,000
7
1884 to '88
3,661,739 5, 6 & 7 M. & N.
1878, '82, & '88
as
M. & N.
1.000,000
7
1879 to '82
M. & N.
300,000
7
1890
3,498,000 5, 6& 7 M. & N.
Nov. 1, 1878 to '82
12,581,000 5, 6& 7 M. & N.
Nov. 1,1878 to '82
5,656,000 5,6,7&6g M. & N.
1901-1904
M. & N.
200,000
6
Nov. 1, 1891
M. & N.
636,000
6
Nov. 1, 1891
1,135,000 5, 6& 7 M. & N.
Nov. 1, 1891
M. & N.
265,000
6
Nov. 1, 1882 & '85
8,779.700
6& 7 Various
E.2
1894 to '96
M. & N.
2,058,350
5 & 6
May,'97, 1916-'26
932,000
5& 6 M. &N.
1903
M. & N.
398,000
5 & 6
Nov. 1, 1890
M. & N.
369,780
5
1880 & 1881
M. & N.
488,475
5
July 1, 1879
M. & N.
1,240,000
6
Nov. 1,1878 to '80
M. & N.
2,140,000
6
1878 to '92
«
a
M. & N.
600,000
7
1884 to '88
521,600
5i& 6 M. & N.
0.0
1894 to '98
4,000,000
6
M. & N
1883 to '90
M. & N.
946,700
6
1880 to '81
745,800
M. & N,
7
1895 to '97
4^ Pi
376,600
M.& N.
7
1891
500,000
M. & N.
6
1879
855,204
M. & N
6
1882
M. & N
1,719,400
6
1887
493,200
M. & N
1903
900,450
M. & N.
6
1910
100,000
M. & N.
6
1884 to '88
14,702,000
M. & N.
1896 to 1901
6,000,000
M. & N.
1884 to '88
SSd
30,000
M. & N.
6
1891
1,680,200
J.
&
D.
7
1896
3,119,600
M. & N.
7
1879 to '86
1,250,000
'&"j.
1,027,287
J.
"e'
Norfolk, Treasurer's Office.
1878 to '85
222,000
6&8 M. & S.
do
do
Sept., 1890
415,800
A. & O. Norfolk, Cit. & Peop. Bjiuks Apl., '92; July,'93
8
500,000
M. & N. New York, Park N. Bank.
8
May, 1901
125,000
7
A. & O.
Boston, Bank Republic.
Oct. 1, 1893
50,000
7
J. & J.
do
do
Jan. 1, 1898
160,000
A. & O.
5
do
April 1, 1907
do
300,000
J. & J.
do
do
Jan. 1, 1890 & '98
164,000
7
J. & J.
do
do
Jan. 1, 1905
130,000
J. & D.
City Hall, by Treasurer.
7
Dec, 1878-1904
140,000
J. & D.
7
do
do
Dec, 1879-1900
38,000
J. & D.
7
do
do
Dec, 1878-1886
353,000
J. & D.
7
do
do
1882-1902
433,500
J. & D.
7
do
do
Dec, 1878-1900
100,000
6
J. & D.
do
do
June, 1887
90,000
Various
6
do
1901-1904
do
0,630,021
5 &6
J. & J. Phlla., Far. & Mech. N. B'k
1878 to '85
1,725,000
6
J. & J.
do
do
6,500,000
6
J. & J.
do
do
1878 to 1903
I
4,853,500
6
J. & J.
do
do
8,701.600
6
J. & J.
do
do
11,650,000
6
J. & J.
do
do
1878 to 1905
15,509,750
6
J. & J.
do
do
5,599,400
6
J. & J.
do
do
1883 to 1905
94,500
Various
7
City Treasury.
1878 to 1890
100,000
10
M. & N.
do
Mav 15, 1879 Ji'81
195,000
7
J. & D.
do
June 1, 1888
155,000 7,6g.&7g Various
1889-1891
do
42,000
10
M. & B.
do
Mch 1, 1882 & '83
7'
100,000
J. & J.
do
July 1, 1888

The tax
of

duo.

6&7

500
500
500
500
500
100 &c.
500

l'8'55

1855
1859
1868
1862
1860

Principal—When

I

.$119,631 ,31.S tl3!,440,1.33 };ll><,8«!i,9S3
iB,m,10i .31,080 007
.30 0?fi 512

Sinking funds..

Iforjolk.— The "Trust" bonds due April, 1892,
are secured by deed of trust on city property.
Coupons of Ist series are payable at Citizen?' Bank;
coupons of 2d series at People's National Bank,
Tax rate, $1 80; water tax, 40 cts., (special); total
rate, 2 per cent.

:

^^""

_

I

1863..402,187,;i82 191,987,161 4
1864..410,774.4i9 22;j.»M,505 5
I865..42r,360,8S4 18:, 423.471 4
186«..47<,9:i4,934 257,994,974 8

27

31

96
91

IS-^'*'^'«'« 2r6;389 <51 4 67
1868..623,iJ6,5.55 285 199,972 6 13

}^S>-]»><918
1870..742,103,a75

mhUi,m

305,285,374
1871 769.302,250 806 947 «)3
1872..r97.148,665 306,949 432
1873..8.36,693,3'H 39 .'.5 7 643
273,431 181
'8J4..881.547,995

2 73
2 70

4 43
5 20
5 41
6 95

16 08
., 3:)
17
^.,
24 94
19 06
22

20

M
r
-

$3.5,983,617; 1869,847,"^"'' «88,369,3-6 ; 1873.
OT5
Ui',4'''''!rP'f?,'^*^
»95,582,153.
Then followed an almost entire change
or administration, and many sincere efliirts to
econ-

PAito<<a!pA£a— The total funded debt, January 1,
1878, was $.55,723,141; guaranteed debt, $.5,999,400;
floating debt, $11,893,810. Sink.ng funds, SI3.3:i3,36".
Total disbursements of the .city for 1877 were
$1.5,785,1.5S, classifled as follows: Judgments. Ac,
$609.1ti2; interest on city loan. $3,761,968; interest
on city warrants, $653,181; sinking fund", $80'),a4S;
warrants of previous years, $3,377,305; amount paid

on loan warrants. $S3i.553: erection of public
buildings, 83S0.379;
cash for the departments.
$46-^,461.
The following table exhibits the assessed
valuation and tax rate in the city since 1871
Real
Year.

Estate.

Personal
Estate.

:

26,185,190
.33.769,601
35,973,5:)7

«

- 3;j,654,6&3
004 nsi
= ti,^4%l
32,914,431
--'---'-..

19 98
9
n
19 80
17 90 °
"^
a? 81
19 59
21 05

S

=.

omize expenditures and diminish the increase of
the public debt. But such efforts were
only to a

35,9a3,647
47,791,840
,„
73 .37V 5^

limited degree successful, as the following
table
of its increase from 1873 to 1876 will show:

S'369 .si

'|!f
1874

95^^153

^IMM' 4?l
J Is'Tsj'wi

11875
9,%9 1876

*|?5-P.''71
114,9;

I

$116,77.3,734
119:81l,:n0

"The outstanding assessment bonds (payable
out
of local assessments on property benelltted)
are
represented by advances to contractors, advances
on Boulevard work, and uncollected local asscss'^^S^*;J\H- P- ^'^^ ^8; V. 23, p. 133, 160; V. 2J
p. 40, 158; V. 25, p. 17, 198, 358, 458; V. 26, p. 41
)

1873
1873
1874
1875

$502,415,863
518,2:^4,568
539,00:3,602

565,849,093
585,408,705

1876
1877
1873

59.3,313,532

536,988,097

$3,608,819
8,9:W.700

Rate Tax
per $1,000
$30 80

9,3:39,933

21 .50
22 00

9,434,N73
10,001,673
9,755,000

21 50
23 50

...

21

.50

21 50

There is no large amount of city debt maturln" in the
next five years. Assessed valuations of re u estate
for 1878 are:

Pull city property. $539,662,758; tax
$3 15; suburban property, $37,SI3.!*1; tax rate,
$1 43>,; farm propcrty,t]9,511,4:38; tJix rate, $1 ffiHPupulatiop, 1870, (.74,023, against 565,539 in 1860.
rate.

P«oria,

/K—Total

1876, $14,1)74,105.

debt, $712,600; tax valuauon

—
AunrsT

CITY SECURITIES.

81, 1878.J

Snbaorlbera

nrlll

eonfar

(raat

Mror bj kItIuk Immediate

DESCRIPTION.
flrat

pnge of tables.

Pi«»ftiir(/A— Wntoruxten. loan (poiin. orreK-)... 1868 to '74
Fuiidi'tl (li^bMiiKl otlirr iniiiil<'l|iiil bonds
1815 to '72
CoiM|irt>ii)Uv railiiMwl ttoiulH (coup. an<l reg.)..
1863
Buiiiix liiiiir. rviiii .iiv.. kv. (Iciciil itasessuient). 1871 to '73
Porllanit, Jfc— Loiiu tii Atl..Sc St. LikWrcnceRR. •B8,'60,'70
1,000
Ixiaii to Portlund
Roebcstcr Kallroad
1867 to •«» 500<S[C.

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

&

do

tlo

1872
1872
1852-75

do

Portlund A: Ogdcngbiirg
propor

do

—
liiilldin^ louii

MiinlfMpHl

do
do

do

do
do
City Hall & Rcwer loan
J>niv.

do

b'ds, sterling, ep. or reg
Sprlntctleld Kit. l>oiul8, gunranteed...

tSt

Hrook Strot't Hi.'itriot notes
To Genesoo Valley
Jiofftfster, A*, r.

To

Uofli.

&

—

.''lato L.

500 &o.

18(i7

ItoiiflH

ProtUleiice, A'. /.— Bond» for public Improvcm'ts
Kot^rultiiiK and bounty bond8
Water loan bonds, gold, coupon and reg

and K. N.

Railroad

1,(H)0

IHC.:)

187'J

1874
1876
1875
1872
1877

(loo.ixio

IDIXl.tc.

'.;,(i(iii,(MMi

;i(ii).(>(Hi

lOOdAc.
lOOd.Vc

£100

I...IIII.OOO
l.:i;i7,^r)0

500,000
700.000
108,000
750,000
96 1,086

]",6oo

1,000
l()00&o.

For vari(»u.s city iinprovemeuts
Watrr woika loan, co'.ipou and registered

Fu ndlHg liwn

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

KMKl.tc.
lODO.Vc.

..

& P. Railroads.

Various
lOOO&o.

3,IH'2,(H)()

1875

(

Bocklu ml, Jfr.— City bonds
liuilroail loan

iife

,

Briiljie bond.s

i<mi«— Renewal and

bonds
and general purposes..
Street improvement bonds
Water work bonds (old)
Tower (J rove Park boiuls (gold)
Sewer bonds
Harbm-and wbarf bonds
New water work bonds (gold)
do
do
do
Renewal and sower bonds (gold)
Renewal purposes, gold or sterling
Renewal, &e., bonds, gold, $ and £
Renewal, ice, bonus, gold or sterling, coupon
Bridge approach bonds (gold)
St. Louis (.'ountv bonds assiuued
Renewal bonds, coupon
Bonds to railroads, coupon
Insane Asylum
(^unty Jail

St.

R*al estate,

lloating debt

buildiii>:»

General puriMises, gold
Renewal, gold
Park bonds, coupon, gold
County bonds
SI. P«k/, J/i'«).'.— Revenue bonds
Preferred bonds
8 percent bonds
i,ake 8uperl(U-

Mississippi Railroad.

it

1871
1846 to '71
1840 to '68
1851 to '66
1856 to '58
1868
18,55 to '69
1852 to '68
1867 to '70

1872
1871 to '73
1873
1875
1874
1872
1867 to '71
1853 to '55
1867
1868
1872
1873 to '76
1875
1875

500
Various
Various
Various
Various
1,000
1,000
Various
1,000
1,000
1,000
1,000
1,000
1,000

500
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Various
Various
Variotis

1868

500 &o.

Paul it Chicago Kailroai
ad.
Public Park (Como.l
8<tl€»i, Mans.
Citv debt

1,000

St.

—

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

City ilebt

Water loan
do
1877
San t'rimciseo— Bonds of 1858. coupon (gold)..
18.58
Judgment bonds, coupon (gold)
1863 to '64
1864
Central Pacittc Railroad, coupon (gold)
do
do
1865
Western Pacific Railroad,
do
do
School bonds.
1866 to '67
do
Judgment bonds,
do
1867
School bonds
1870 to '72
School bonds
1874
1872 to '75
Park improvement bonds
Hospital bonds

House

1871 to '73

of Cori'eetion

bonds

1874

City Hall c(ui.struction
1875 to '76
Widening Uupont St. (Act March 4. 1870)....
1876
Bataniia/t, ««.— Construction of waterworks..
1853

Improvement of Savannah River
Bavannah, Albany it Gulf Railroad
Funding coupons and other purposes
Redemption of bonds
do
do
Bonds for city improvements
Harbor, &c., Improvements
For lloating indebtedness
valuation
Fittxiji/rfjh.—CtMh
in
Real
1876:
property, #130,371, TBI ; per.onsl, only <l2,570,404.
acconliiiix to Comptroller's report; "Occnpation,''
$15.iT3,l))l).
Sinkins funds, f.l73.a77.
Tax rate,
2X mill '. Pooalatloa sbout 140,000. Interest
defaulted April, 1877. (V. 24. p. 519, 591: V 26, p.

1877,

169, 181,

aw,

4r,

;

V.

1853
1853
1866
1869
1870
1870
1872
1873

500 &c.
500 &c.
500 &c.
500 &c.
500 &0.
500 &c.
500^0.
500 &c.
500 &c.
500 &o.
500 &c.
500 &c.

Bate.

7
6
6

5&e

J.

5

J.
J.
J.

do

6
6

F A

6g.
6g.
6g.
6g.
6g.
6g.
6g.

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
07,210
263,125
200,000
100,000
100,000
112,000
300,000
500,000
398,500
542,000
435,500
377,000
250,000
197,000
246,000
385,000
200,000
475,000
210,000
150,000

8emi-an

A

J.

7

6g.

J.

A.

A.

A D.
A J.
A J.
A J.
A 8.
J. A D,
J. A J.
A. A O.
M. AN
M. A N.
M. A N.

1

Sept.

•

N. Y.,

N. Y., Nat. Bk. Commerce,

5&6
6
6
5

J.
J.

A.
J.

6g. J.
7g. A.
7g. J.
g.

M.

7g.

A.
A.

7
V

g.

A J.
A J.
A O.
A J.
A J.
A O.
A J.
A N.
A O.
A O.
A D.
A J.

7g. J.
6g. J
6g. J. A J.
6g. M. A N.
V

g.

6g.

915,000
198,000
64,500
937,500
368.800
117,000

7
7
7
7
7
7

500

349,.500

7

534,000
500,000
400.000

7
7
7

g.

A J.
A J.
A A.
M. A N.
J. A D.
J. A J.
M. A N.
J. A J.
M. A Nr
J. A J.
J. A J.
J.

in 1870

was

I880-'84

June, 1887, to 90
April 1,1892

1891 to '94
Nov. 1, 1893
May 1, 1895
July 1, 1894
Dec. 10, 1802

do
do
Nat. B'k Commerce.

J.
J.
J.

1,

1879 to 1903
1893
1878 to 1902
Jan.l, 1903
1905
1877 to 1897
1878 to 1890
1873 to 1899
1878 to 1899
1880 to '89
Nov., 1889
1878 to '89
1891

do
do

J.

1, 1006
1, 1895
892

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

1879 to 1881
1879 to 1880
July 1, 1887
Sept. 1, 1888
June, 1892
1893 to 1896
April 1, 1905
May 1. 1895
1878 to '90
1878 to '86
1889, '90, '96

do
do
do
do
7
do
do
do
6 g.
do
6g.
do
do
6g.
do
do
do
6g.
do
12 & 7
N. Y., Kountzo Brothers,
7
do
do
Various
8
do
do
6
J. AD.
6
J. AD. N. Y., KountKO Brothers.
7
do
do
7

7.50,000

J/o.— Population

July
July

do

A D New York and St. Louis.
A O. N. Y., Nat. B'k Commerce.
do
do
New York or London.

4 '87

Sept., 1(«8S

Jan., 1893
Jan., 1900
Jan., 1900

do

(lo

Various
M. A N.
M. A N.
J. A J

debt matures, ns the necessary Information coald
not be ob.'ained of the treasurer.
St. JoK/i/i.

June 1,1877

City Treasury.
Boston, First National Bk.

M. A 8.
do
do
Various N. Y., Nat. B'k Commerce.
M. A N.
7
do
do
10 & 6 Various
Joseph and Now York.
10
J. A J. N. Y., Nat. B'k Commerce.
6
Various N. Y., Nat. Bank Republic
6
Various
do
do
Various
6
do
do
6
Various
do
do
6g. F. A A.
do
do
Various
6
do
do
Various
6
do
do

1,074,000

<fcc.

do

I).

6*7

681,000

Due.

A

J.

1,000
1,000

500

A

M.

6

1,143,000

1,000

u
6

A H.
Prorldence.
J.
do
5Jc6g.
A J. Boston. Prov. and I,ondon.
A J. N. Y., N. City Bank, A I'rov.
A J
do
do
A J Ix>ndon, Morton, Rose A Co
5g.
Providence.
"s"
M. A 8.
Treasury.
7
J. A J. N. Y., Metropolitan N. Bk.
F. A A. Now York and Rochester.
7
Various
6 it 7
do
do
J. A J.
7
N. Y., Union Trust Co.

3,9,50,000
1,2.50,000

When

PriDel;Ipal-'

Wliom.

A. A O.
Philadelphia.
18»3t«'0H
Various Pittsburg. Phlla. A N. Y.
1877 to 191 '2
J. A J. New York, B'k of Ainorica.
1013
Various
Phlla<lelpbla.
1883 to '85
M.AM. Bfl«ton, Blac^kstone N. B'k. Nov., 1886.'87.'89
J. A J. Boston, Columbian Bank.
Jidy, 1887
July 1, 1897
Boston, BIa<-kstone N. B'k.
8«pt. 1, 1907
m'nthly
Boston and Portland.
1877 to '91

7

0*7
4*5

5&6

336,000
346,000
885,000

'500

Pay'Ulo

1(I,()(HI

1,922,000'

ttaaaa 'rnbleo.

INTERR8T.
Wlien
Where Parable and by

iiii.r.':.

1,223,000
166,000

500
500 Ac.
100 .fee.

mar error dIaeoverM In

•1(I0.0(K)

150,000
205,000
431,500
150,000
299,400
500,000

ilo

do
Joseph Jfo.— Bonds to St. Jo. Den City RR. 1860 to '69
500
BondN to MUsourl Valley Railroad
1869
500
Bonds for various iniri>ose8
1858 to '69 100 Ac.

ai.

notice of

Size or
Amonnt
imr
oaUtaudlug.
PI
vSu
alue.

Date of
Bonda.

For ex|>Iniiatloiia roo notes on

xm

1888 A '98
1900

City Treasury.
1879 to 1889
Boston, Merchants' Bank.
Jan. 1. 1891
do
do
Apl. 1,1883-1898
do
do
July 1, 1904
Ban Francisco.
Jan. 1, 1888

do
Oct. 1, 1883
July 1, 1894
do
da
Mayl, 1895
do
April 1,1881
do
Oct. 1, 1887
do
June 1,1882 to '90
do
July 1, 1894
do
1897 A 1904
do
Nov. 1, 1891
do
JiUy 1, 1894
do
1899
do
1896
Feb., 1878
New York and Savannah.
do
do
Nov., 1883
do
do
Dec, 1888
do
do
Feb., 1886
do
do
Nov., 1879
do
do
June, 1890
do
do
Nov., 1900
do
do
Jan. 1 1902
do
July 1. 1903
do

$110,000. Assessed valuation of property in 1878,
in old limits. $I.'i9.354,»IU: in new limits. $14,416,400; total taxable valuatloa in city, $17:1,711,410.
Tax rate for city purposes In old limits, $1 75; In
new limits, $U 50. (V. 2S, p. SO!: V. 96, p. 20O, 8S»,

19,565,

8,9.32 In 1860. Assessed valuaticn of property,
811,0()i).lXie; rate of tax, -23 mills. (V. 23, p. 135, 175;

against

436.)

V. 25, p 408.)

27, p. 68.)

Porttatul, .lAc— The sinking fund March 31. 1877,
$6(>4,!)99.
The city is protected by mortgages

was
on

Allan. & St. Ijiwrencc, Portland & RochesAster and Portland & ()<;deiiabur^ liailroads.
sessed va'uc of real estate In 1876, was $18,708,.50O;
Tax
rate,
$2o
$Il,951.8o'\
per
$1,01'.
fersonai,
opnlation in 1870, 31,413, against 26.341 in 1860.
(V. 44, p. 514.)

Prorldence, R.I.—The principal debt of ProriJence
ban been created since 1872 for water works, sewerage anl new City Hall. The floating: debt atclose of
fiscal year Sept. 30, lb77. was »2.4!)7,1W. inclndiug
High Sthofjl
above Brook Mreet notes i*nd t OO.ii
notes. The assest^ed valaations of all property in 1877
were: realesUte, t85,';89.8 0; personal. $:a,08o.00n.
Rate of tax, »14 50 per tLOOO. The sinking fnnd
for boiMis due In 1885. *479.217; sinking fnnds of
1893. »i7i; .Wi: '95, $7!<,8i;4; l!ioo-fl. «1H,(W. Population br U. 8. census, ro, 61^,901 ; by State census, "75,
'

100,800.

the resources were:
Balance April 11, 1877

Boc/wslfr.—The bonds of Genesee Va). RR. loan.
provided for by not receipt* from a
lease of said road to Eric 1{m' way Company after
paying the interest out of said receipts. Real property a»»e-«cd. tlSiiCKl.O'JO; personal, $8,000,000.
Rate or tax, 187", *2 per $100.
I

BocUand, Jf«.— Total debt, $965,292. We are
compelled to omit the details as to mooths when

SaUm, JI/*»».— The sinking fund amonn's to
$173,06*1. and the bonds are vdaed at par; $1,146,000 of debt coupon; balance registered; total,
$1.452.67^^ Population, 18;.5,85.9"8. I'll valuation,

$691,372

Interest revenne

J,7;il,670
2,»>!1.6'9

Municipal revenue collections
Special collections
Priweeds of anticipation n'>te8
Proceed* of renewal bonds

882,416

18.5, $26,818,272; 1S77, $25,810,»i00.

7'^5,000
j

351.000!

San iO-ancteeo.— Population bv the U. S. censiu
Real
1870 was 149.482, against M.iva <n 1880.
estate for the fiscal year endini- June .30. I87S, 1<
assessed at $190,281,003; personal property at $70,01 .340. About $54,000,000 or m-irtgages are now
Sinking ruoda raised
omitted from assemmenL
Tax rate lnlSi7-8la
annnallv amonnt to $263.5'>o.
$1 6) per $100, for city and County pnrpoees.
of

$6,544,417
I

The expenditures were
Unpaid warrants on hand April

II, 1S78..

$5,900,941
40,944
$5,959,9.16

Balance in treasury April

The Comptroller

tleS.OOii, arc

SI. Paul, 3ftnn.— Population in 1=70 was 20.030;
in 1875, by State census, 3:).2:J7.
Assessed valuation
of taxable property, $27,755, 9-^6. or about one-half
of the actual value. (V. 15, p. 626.)

bv the U.

S. census in 1S70
was 310,864. against 160,773 in 1880. The city and
county were merged by law in 1877 and city assumed the county bonds. In the last fiscal year
St. /iOMi*.— Population

10, 187j

.

$6Si.l31

the following in his report to April, 1878: The liabilities appear asfollows:
The bonded debt at the close of fiscal year (April 9,
187ri), was $l5.ii!i«,()00; the bunded debt of the late
Other
county, assutntd by the city. $«,>59.0iKi.
liabilities— claim of St. Louis (laslight Co. for gas
The sinking
furnished, with Interest, $(i85.0fl0.
fond Is as follows: Assets of this fund at commencement of the present fiscal year, $5()0.095.
The resources available this fiscal year will beaboat

gives

Savannah, Oa.— Default was made on Intereatdae
Nov. 1. 1876, in consequence of yellow fever and
The la lest prrposal for
compromise la given in V. 28, p. 615, by which new
ar.}
to
be
exchanged fur the face
per cent bndt
of old bonds; and for interest up lo Feb I, lt;79, 58
ihe
face
value
In similar bonds.
of
per cent
Assessed value of real estate, $11,000,000: pertax
rate,
$4,800,000;
sonalty.
\)i per cent. Popanon-collection of taxes.

.<>

lation In

187:',

8S,83.V against 81,2 18 In

84.p.444.S<8; V.
ms; V. »r, p. ISi

85. p 41, 80, S8
17».)

M93;

I8t0.

(V.

V. M, p.

18,

;

AND

CITY SECURITIES—MISCELLANEOUS STOCKS

xiv

Sinbvcrlbers iv 111 confer a great favor

BONDS.

by givlns Immedi ate notice of any error dUcovered in tbf«« Tables.

—Priuclpal,

"

Bonds

INTEREST.
Date

DESCRIPTION.

of

Size or

Amount

par

outstanding.

Bonds.

Large.
Various.
Large.
Various.
Large.

Somerrille, Mass. -City debt
City debt

do
do
do

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

Park&wat'r($i76;6wA.'&6.V$i55,0O6j.&J.)

Water loan
,^ri)i«rieM, Jfn»«.— City notes
•

-.

"

do
do

do
do

do
do
Water works

70,'71,'76

1870
1859-'65
1859-'74

1869 & '76
1873 & '74
:•:-•
1874-'77
ts
assessm
special
on
cliargeable
SUort bonds,
Worcester. Mass.— City debt, coup, and rcRist'd
City debt, registered
do
(5 pieces. $100,000 each)
do
-

—

• •

—

($220,000 rcg., $580,000 coupon),
do
do reg. ($100,000 J.&J., $90,000 A.&O.)
Sewer loan ($02,000 are J...t U., lialance J.&J.)
Water I'n ($150,000 are J.&J., balance J.&D.)
registered
do

]WlSCEl.I.A>EOrS STOCKS
Adam Jljiri>riss Cowuianj/— Stock
A merican Express—Stock

A:

Large.
Large.

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

BONDS.

100
100
25
100
100

American Coal (Maryland)— 8toc:k

tt Vaciftc Telegraph- Stock
Boston Water Power
Mortgage bonds (for $2,800,000)
Canton Improi-ement Compani/— Stock
Sterling bonds (sirk.f'd one-tifth of land sales)

Atlantic

1874

25

500 &c.
500 &c.
100

1st mortgage (convertible)
1st mortgage, consolidated, convertible

ER.— Ist mort.,

Louis Tunnel

sterling,

s. f.

1,000
1,000

1868
1871
1871
1874
1875
1873
1875

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

£200
100
100

Preferred stock

1875

100
100
100
50

Company—Stock

Pacific Mail Sleamstiia

Pennsi/leania Coal

—Stock

1861

Ist mortiragi' bonds
Pennsi/lraniit Aniliraeite Coa(— Stock
Ist liiorti::!!;!' (c-ast side) bonds on 1,053 acres
1st mort. (west si(U') on 400 acres ife550 leased

1872
1872

1,000
1,000

—

Bouds,
Bonds,
Bonds,
Bonds,
Bofds,

Quicksilrer

Mining Company—Common stock..

Preferred stock

Mortgage

.

lionils,

. .

;

gold

Bonds,coup or

Sterling bonds, coup.

(s. f.

Ip.c. per annum)..

SomervUle, Mass.—Totn] debt, $1,771,854; sinking
fund, $45,131; tax va'ualion, ISlii, 826,573,400. Ex$1,000 pieces, at, bonds are in
copt SHO.i'OO 5;*
J2,000 to »50.00 pieces
SpHnaMd. J/a*«.— Total debt, $2,007,788 cash
assets, $3)4,1.5'!. The railroad debt falls due 8'",' 00
each year. No registered bonds. Tux valuation,

m

I

;

1870,$2i.514,0«ii; IS'G, t»5,l')9.45r.; 1 SIT, $30,697,776.
Rate. 1'8J. Population in 1875. 31.053.
Toteda—ToX&x debt, Jan., 1878. was $ !,';78,819. Of
this the debt payable by special at'sespinents was
$733,;oDJ, and llic certificates of indebtedness, *102 300. Taxable valuation of property, '.8.7, $19,5:J8,/J0;
ta.% rate. $3 lii per $100.
Worcester, .I/(W«.— Total debt, $2,434,200 -reg.,
$941,000; coup.. $l,54L',2ll0. Cash assae, $121. B51,

inclading

#44.,')75

m

40

sinking fund.

Population,

18;5. Tax valnntion. 1870. *.34,018,4.5\i
49,317
1876, $48,2aj.3a7; 1877, $46,603,095; rate, 1-52.

miSGELLANEOCS STOCKS ds BONDS.
Adams

Express Company.— A reference to the

Dinsmore and others in V.
American 6'«w.— The report for

lait of

receipts, $531,333; net, $25,399.
24, p.

19. p. 270.

1876

showed gross

(-J. 22, p.

180; V.

248.)

Atlantic it PcuAHc Telegraph.— Voo\f with Western Union their eross receipts on the basis of 87X
P. Expenses
to the W.U. and \2X Per cent to A.
P. and
were arranged at 1314.X per cent to A.
86-85W to 'W. U. (V. 25, p. 16, 1 15, 188, 355, 374, 433,

&

Ml; V.

26, p. 3.4, 4S6, 4t>9,

£21.)

&

1

9 g.

Boston.

Water Power

^2,.500,000
ling loan.

81, IS'.S,

mortgage $6,0,000

&

J.
J.

F.

A.
J.

31a

J.

& J
& O
& D.

A.

2

g.

6

g.

27, p.

annual lepoi^ for

reserved to

Of the
pay ster-

its

of

tV.e

bonds.

202.)

;

total Ian 1 owned was 5.30,217 acres. March .31, 1877.
In 1876-7, B4,a3J acres were sold for $676.8t6, and
601 town lots for $'i-',9li2.
The cash c 1 ec ions
were $772,6(5, and dividends 4i4 per cent. (V. 36,
p. 549.)

Manposa iMnd & Mining To.— Af^sessmentsmade
on the shares from time to time. (V. 23, p. 112, 329;
V. 26, p. 590.)

Office.
T. Co.

&

New York and London.
New York, Office.
New York, Office.

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

306; V.

York,

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

J.

7

Aug.

do
do
do
do
di
do
London, J. S. Morgan & Co.
N. y.. Farm. L. & T. Co.

7g.

7g.
2I3

May

Ill Broadway,
do
do

N.Y., FarmL.

8

lUlnois cfc .St. Ltips Bridge.— Tnh&nOie of trustees.
Foreclosu-c pjrding Net receipts, I87B-7, $-230,140,
Tne railroad and tunnel were sold under the mortgage of 1873, July 1, 187^, for $150,000. (V. 25, p.
V. 2-i, p. 430, 524; V. 27, p. 17.)
:J II
Iowa Railroad Land Co.— This company manages
the land grants of five distinct organizations. The

23, p. 808;

l,'i878

Jan. 1, 1886
Jan. 31, 1S70

Y.,

Now

&
&

—

V.

May

N. Y., 4th National Bk.

Q-

613; V. 27. p. 14.)
Conso'idation Coal. Annual report for 1877 in V.
26. p. 262, showing gross receipts, $1,4"5. 55-; expenses, $1,216,644; net, $22?,911. Consol. mortg.ige
Donds are held to retire old bond*. Guarantees also
bonds of the Cumberland & Penn., and assumes
$135,000 Un. Mining Co. bonds. (V. 24, p, 181, WB,

24, p. 128;

.

A.

&

(V. 24.p.

V.

i, "1888

Jan.

New York.

Q-

The Company owns the stock

28, p.

1904
1904

1966
2. 1877
1885
Jan. 1. 1897
1879
Feb., 1879
Oct. 15, 1875
Nov., 1893
1900
July 1. 1901
Mar. 1, 1886

&

<t

M.

Union Railroad Comp my and guarantees

248; V.

1,

Sept.,

in V. 27, p. 14.
is

1."

Jan..

St. Louis.
Co.
Lond.,J. 8. Morgan
St. Louis.
Boston, Tivas.' Office.

Q.-F,
F.

113

—The

is

IHTiS

1,

St. Louis.

(V. 33, p. 183; V. 2t, p. 111.

May

do
do

1878

July

Jan.

New York, Office.
N. Y., at 111. Cent. RR.
New York and London.

& J

J.

do
do

Sept. 1.

Jan.
Jan.

London.

do
do
do
do

1887 & 1905
1878 to 1831
1878 to 1890
Dec. 1, 1906

1877
1872
Nov. 12. 1872
June, 1884

N.Y.,Co.'s Office, 71 B'y.

do
do
do
do

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

Sept. 10.

Office.

do

Q.-F.

—Annual report in V. 34.

Canton Improvement Co.

York,

l^a

1,498,000
3,959,000
991,440
Go.

1881 to 1884
1880 to 1906
1879 to 1884
1878-1890
Apl. 1, '94, to 1905
Apl. 1, 1879-1893
1878 to 1881
1878 to '88
Mar. 1900
1878 to '84
1878 to '89
1878 to '86
June,'93&Sep., 94
1878 to '82

London, Brown, 8. & Co
New York or Loudon.

& J.
& J.
M. & N.
M. & 8.
J. & J.
J. & J.
J. & J.
F. & A.
A. & O.
M. & N.
A. & O.
J. & J.
M. & 8.
J. & J,
J. & J.
J. & J,

1

(!)

1,000
1,000

year ending

g.
g.
g.

10

298,000
432,000
816,000
218,000
603,000
5,708,700
4,291,300
275,000
948,000
1,500,000
7,000,000
5,000,000
5,000,000

£100&o

Oct.'81-'4,July,'85

July, '84, Apl.,'95
Apl., '95, July, '96

do

do

New

8.

'&"j.

J.
J.
J.

500.000

1872
1875
1875
p. 396.
lil.)

D.

2,500,000
5,938,200

ioo
100

reg., conv. till Mjiy,'o5, s.f.lp.c.

&

m

"25
50
100

—

8

4,400,000
10,000,000
20,000,000
5,000,000
481,500
2,000,000
1,000,000

ido
100

Southern d- Attuiitic M.— Guaranteed stcok
Spr'g Mountain Coa(— Stock, guar.7 p.c.by L.V.
United States lixnress— Stock
United States Ilotling Stock Stock
Wells, Fargo (0 Company Express— Stock
Western Utiioii Telegraph— Stock
Real estate bonds, gold, sinking fund

u-

7
7
7
10

£100

1875

"e'g.

3,750,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000.000
7,620,000
10,000,000
5,000,000

2d series
3d series
4th series
sterling debenture, convertible
debent urc

J.

,

Boston, Office,

7

7
6
6
6
6

100
100

Producers' Cuii.iolidated L'd d' Petroleum^Stock
Pullman Palace Cat Stock

&
&

J.

M.

J.

id's.

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

1,000

.Mining— Stock

II2
2I2

Oct. 1 lS78-'79
April, 1879 to '84
July 1,1880 to '84

N. Y., Company's Office.

Q.-M.

2

12,000,000
18,000,000
1,500,000
15,000,000
4,000,000
1,740,000
1,107,500
578,000
923,000
783,000
600,000
10,250,000

i",oo'o

'ioo

Mortgage bonds (lor $500,000)
Maryland Coal —Stock
Sili-cr

1864
1872
1852
1869

Whom.

Pay'ble

A. & O. Boston, Nat. Seciu'ity Bank
7
$65,000
do
6I3
do
A. & O.
461,000
do
do
6^ J. & J.
165,000
do
do
Various
6
115,000
do
do
140,854
51a Various
do
do
Various
5
200,000
do
6I3
do
Various
325,000
do
do
320,000 513,6,612 Various
Cit.y Treasury.
512,0 Various
177,000
B'k.
First
National
Boston,
Various
6
223,000
do
do
6& 7 A. & O.
1,200,000
do
do
A. & O
7
300,000
City Treasury.
Various
6
75,000
A. & O, N. Y., Imp. & Trad. N. Bk.
8
544,500
do
do
7-3
M. &N.
453,000
do
do
F. & A
6
42,355
do
do
Various
8
594,500
do
do
Various
7
90,000
do
do
Various
8
1,000,000
do
do
7&8 Various
723,300
5,6
55,000
Treasurj-.
City
A. &"o
7
340,000
do
6
J. & 1
500,000
A. & O. C. Treas.& Best. Mchts.' Bk
6
800,000
Various Boston, Merchants' Bank.
5
190,000
do
do
Various
6
261,800
do
do
Variou.^
6
327,400
do
do
J. & D,
5
100,000

100

2d mortgage
do
do
loviaBR. Land Co.~Stoek
Mariposa Land it fining Company—Stock.

Onlario

1,000

Maryland— Stock

Cumberland Coal and Iron— Ist mortgage
2d mortgage.. ..
do
do
Cumberland Coald Iron Companu— Stock
J>u7ilcith (£ Dubuque Srirf^e— Bonds sink. fund.
niinois a St. Louis Bridge— Ut M., coup., s. f
2d mortgage, coupon
3d mortgage, coupon
4th mortgage
St.

£200

1873
1874

Mortgage bonds, gold, sixes (tor $2,500,000).
Un. RR.. Ist M., end. (s. t, rents on $220,163)
do 2d M.,g.,end.,(s.f.gr'ndr'nt8 on $144,800)
Consolidation Coal of

1,000

when Due.
Stocks— L.asi Dividend.

Where Payable, and by

When

Rate.

Value.

For explanations see notes o n flrst page of tables.

•
City bonds
Water loan ($200,000 are 6 per cents)
Railroad loan
•,••;;
Railroad notes
r V
Toledo, O.— Gen'l fund and detlciency bonds, cp.
Toledo & Woodvillc Railroad, eoupon
coupon
Various City purposes,

xxvii

[Vol.

June
June

Maryland Coa^— Balance

1869
1878
1881

i","i392

1. 1892
1877
Aug. 15. 1878
May 15. 1381
Feb. 15, 1887
Aug. 15, 1892
April 1.1885
Oet. 15, 1878

18T9
Oct.. 1877
10. 1878
Nov. 15. 1876
Sept. 1. 1878
Jnlv 15, 1878
July 15. 1878

June

N. Y., Union Trust Co.
N. Y., Treasurer's Office
London, Morton, R.ifc Co

V.

1.
1.

sheet,

Mav. 1902
May. 1900
March 1. 1900
V. 24,

p.

226;

26, p. 93.

Parjjic Mail Steamship Co.— A. reference to the
pages following is necessary to get definite information, iV. 24. p, 322, 517;.V. 36, p. 217, 533,

647,

625, 65i; V.

ii7,

p. 68.)

rennsylvania Cbai.— Liabilities at a miuimumand
dividends are paid.
Pennsylvania Ant,hra'.ite Coai.— This Company's
stock and bonds admitted to N. Y. Stock Hoard
Feb,, 1877.

(V. 31, p. 112.)

Pullman Palace Car Company.— The sterling
bunds of lji75, of which the whole issue authorized
is $1,000,000. are convertible into stock from April
Annual reports have been
1, 1878. to April 1, ISSI.
published tuo last two years in V. 28, p. 402; V.
2:),

p.

308.

Ouicksilver

(V. 26, p. 217.)

Mining Comparey.— Annual report

for

(V.
l^Tfe, with balance sheet, &c., in V. 25. p. 15.
22. p. 2*3, :03; V. 1\ p. .507; V. 25, p 15, 358.)
Spring Mountain Coal Company.— This is aaeranteed 7 per year till 1885 bv Lehigh Valley RR.
UntUd Slates Krpress.—'Sevi stock of $1,000,000
issued. (V. 2i, p. 159; V. 23, p. 87.)
U. S. Rol.iiig Stock Co.— See report V. 20, p. 289.
Western Union Telegraph.— The company held,
June 30, '77, $7,*'>5..335 of its own stock, making the
Afterwards stock was issued on
total $41,073,410.
the semi-concolidation agreement with Atlantic

&

Pacific
elegraph. (V. 25. p. 18S, 3ol, 33 5,
473, 593, 619; V. 2», p. 135, 286, 304, 5i)3, 626.)

438,

—

.

1

)

RAILROAD STOCKS AND D0ND8.

Ai'OUOT 81, 1878.]

Snbacrlbera will confer a ireat ntror by KlTlnc iaamedlate

DESCRIPTION.
For ezplanatlon of oolumn beadlDK*, Ac,
on

Me notea

ttrHt i>UKe of t«blc8.

Alatmma CrMira/— (Scliiui & Mcrlil.)— l«t mort.
Ala.-f (II.SDiillin. -Uoi'clviM'H cortlllo.df Aln.&CUfttt
iBtiiKirl^rii),'!', Dinv, (for $1,750,000)
if Siisfinehannii
Stock
iBt Jnortjfiltfr
Allmiiy City loan (siuklnK (nnd, 1 per ot. yearly)

—

Alttaut/

2(1 niortKiiK*^
3(1 nioriK'i'Kc, xliiklni: ruu(i

&

OoiiHol. iiiiirt. (Kiiiir. I).
H.) coup., may be reg..
Allcj/fmnt/ Vullfy—Htovk
(Jcnt'rui nioi-I^itK'(^ (HI v. Ill v.)
BoiiiU to i^lutc I'll. (('n(lor8(Hl) 'Jil mort.. East ozt.
Ist mort., Kiisl'ii Kxt(^n., jktiiiir. by Pa.
'.

KK

Fumtin^' im-onu^ boiirtB, with tratlic ^^uarantee
Yimni/tlowK rf! i'itte.— Istt mortgnKe.

A'hial'itlii.

2(1 luortirncc. liu'ouio
Aldii.siiii ,1: Xelirtukn— lot mortpi);*'.
A/Wit'.v'.w, Tojtfka i£ Santa Fr
1st mort.,

—

tniiit molt., gold, (i;,'J.si»,180
Coiisol. bonds, gold

Ijii}.1

Koti

gold
acres unsold).

Miles

Date

of

of

Road. Bonds
81

1871

i206

1878

Size, or

Par
Value.

1863
1865
1H65
186B
1876

470

100

335,000
3,500,000

1,000

1,(MHI,000

1,(KK)

!):i;i,()oo

1,000

2,000,000

500 &c,

1,.'>9."),000

.50

2,ll!(i„500

1,000

4,000,000
3,200,000
10,000,000
6,220,400
1,.500,000

1860
1870
1871
1874
1871
1874
1878
1869
1870

100
500
500

1878

500 &e.

1872
1875

I'.odo

1878
1878
1877

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

1,600

100 Ac.
1,000
1,000
(fee.

(fee.

Jkc.

I

27'«
(15

148
57

205 "a

do
do

3d

do
do

(!ii-Ji»,0(><),0()0)

(>m//— C(nmnon stock
Guaranteed stock

mortgage

286

—

2d mortgage

do

Atlantic. Itins. <t Ohio Stock, (coni'n. pref. & gtiar.)
1st mort. consolhhitcd, gold (for $1.5,000,000) ....
2d mort. to the State (no interest till 1880)
Norfolk ife Petersburg— 1st mortgage
do
do
Ist
do

do
do
2d
do
South Side— 1st pref. consol. M., guar. Petersb'rg
do
do

2d
3d

do
do
do
do
Virginia is, Teunc8.seo— Enlarged mortgage
do
do
4tli mortgage
Registered certiflcates
do
do
do
do
Interest funding bonds
St,
AUantic
Lawrence— Stock, currency
do
do

,

it:

Stock, --tcrling

,

Portland city bonds, Ist mort., sinking fuud
2d moittragc, sterling, 5-20 years
do
rfo
3d
do
Sterling bonds, not mortgages
Augusta dt Sacannah Stock
Bald Eaijle V(«//ci/— lat mort., s. f. ($5,000 per year)
2d mortgage (.^5,000 per year)
Bxltimoie <t Ohio Stock
Preferred stock
Washington branch
Loan, IS.W

—

—

l,oan,

1853
1870

£800,000, sink, fimd
Baltimore loan. 1855-'90, sink, fund
Debentures, sterling
Sterling mortgage, sinking fund
Sterling mortgage, sinking fund.
Purcbaseof Connellsv. PR' (payable $40,000 y 'ly

do

Negotiations pending for a new
piece of new road now bnilfilng.

January, 1S72.
adjustment, and a

Alabama
New bonds
p. 40, 18(3;

1

;

j

I

Aibanii il Sunijuthanna.—Thii road was leased for
150 years from 1870 to Delaware & Hud:*on Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change in terms made in 1876. Consol.
is

for tlO,O0O,OJO. 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 $1,978,872. (V. 2j, p. 399, 495;
33, p. 101, 427; V. 25, p. 61.j.)

V.

—

AUeghany Valley, This road was embarra-sed in
and compromised with creditors. Net earnings in 1877, $1,144,971. Of income bonds, t2,351,400 are held bv- individuals, and pay interest in cash;
|3,Si,9.noiJ held by railroads draw interest in bonds.
1874,

Abstract of operations in 1875. 1876 and 1877 in
annual reports, V. 22, p. 392; V. 24, p. 403, and
V. S6, p. 493.
Ashtabula, Toungnlown A Pitti.— It is leased and
operated by Pennsylvania Co. at cost. Net earnings
paid to lessor, but lessee guaranteed interest on
Defaulted October,
let mortgage to Jan. 1, 1877.
1677, acd to be sold in foreclosure.
(V.25, p. 431;
V. a6, p. HI, 4%.)
Atchison

<t

Hebrofka,— Gross earnings,
$47,147; unpaid coupons to Jan.,

1876,
»410,225-. net,
1877,
$1,050,0(X).
Plan of re-organization, V. 2.5, p. 510,
by which $1,125,000 bonds and S3,.387,000 stock

were given for old bonds and overdue coapons.
(V. 22, p.

30»;

V.

i\. p.

d

442;

V.

25, p. 510.)

Atchuien, Toitela
Santa /"<!.— Capital stock.
Net earnings, 1877, $1,219,601; see annual
report, V. 'J6, p. 468. interest Is paid on $976,000
ot the 2d consol. mortgage bonds, but on the balance
$8,615,000.

.1.

7g.
7g.

"58
58

1,000
1,000

160
100
500 &c.

1868
1869

428
428
428

1871
1871
1857
1857
1868
1866
1866
1866
1854
1865

81
81
81

133
133
133
214
214

500
500

etc.
(fee.

1,000
1,000

200 &c.
200 &c,

1,000
1,000
Var'us Various

150
150
150

1869

100 (fcc.
100

1868
1864
1871
1853

1,000

«100

1.50

150
150
53
51
51

1,022,900

1864

1,000

100
100
100

1872
1874
1875

New York and London

A

do
do
do
do
London,
do

J.

A J.
M. AN.

J.

7g.

Aug.

1878

1,

Oct. 1, 1876
Jan., 1902

do
do
do
do

Sept.,

1902

Nov., 1902
Jan., 1902
Jan., 1903

Co.'s Offlce.

do

July

1876

1,

8
8
8
3

I'6g.
6g.
g.

313

6
7
8.

25
6

579,500
1,710,000
3,146,956
3,041,579
2.074.000
K.S57,352
9,316.500
880,000

1879
1, 1888
1, 1889

A O N. Y., First Nat'. Bank. Oct. 1, 1001
A J N. T., Perkins, L. A P. Jan. 1, 1877
Jan. 1, 1877
A J.
do
do
July 1, 1893
A J.
do
do
Jan. 1, •84-'90
A J.
do
do
Jan.l, •84^'90
A J
do
do
Jan. 1, '86-'90
A J
do
do
July 1, 1884
A J.
do
do
Mch. 1, 1900
A J.
do
do
Jan. 1, 1875
A J. I>ynchburg Offlce.
A J. N. Y., Perkins, L. A P July 1, 1880
Feb., 1878
A A.
Portland.
A S, London, Or. Trimk Bw Mch. 15, 1878
May 2, 1886
A N.
Portland.
A O, London, Gr. Trunk Rw Oct. 1, 1884
Oct. 1, 1891
A N.
do
do
Nov. 1, 1878
A N,
do
do
Jime, 1878
Savannah.
A D
A J Phlla., Farm. AM. Bank July 1, 1881
July 1, 1884
do
A .T
do
.May 15, 1878
A N.
Baltimore Offlce
A J. Bait., Merchants' Bank. Jan. 1, 1878
Jmie 24, 1878
Baltimore Offlce.
A O.
1880
A J. Bait., Merchants' Bank
1885
A O.
Baltimore Office.
1895
London.
A 8.
1890
A J.
Baltimore Offlc*.
A J. London, Nay lor A Co Jan. 1,'80*81
Mcb. 1, 1902
A S.
London.
1910
A N. lyondon, Speyer Bros.
1879-1900
A J.
Baltimore.

8

4
3

Nov.

do
do

A.

6

4,599,578
1,650,000

Jnly, 1897

do
do

AN

8

6

Savannah.
N. Y., Perkins, L. A Post

M.

7

336,900
100,000
13,144,200

£200
£100
£200

1874-5

411
421

a.'a'o.

"8

713,000
484,000

1850
1853
1870
1855

Atlanta, Oa., at Treas'y

A

J.

7
7
7
7

6

100
100 (Stc.

April 1, 1897
Jan. 1, 1907

Ofllee.

do

J.
J.

312

6

isei-

30

8

New York,

0.

7

990,000
969,000
84.190
226,900
28,600
4,970,680
787,000
1,.500,<M)0

A
A

7g. J. A J.
7g. M. A S.
7g. M. AN.
7g. J. A J
7g. J. A J.

,

452,.500

£100
£100
£100

595

J.
J.

"7

5,355,000
3,568,000
2,060,000
1,748,500
3,693,200
782,976
1,666.000
300,000
464,000
200,000
6,921,900
5,470,000
4,000.000
306,000
157,000
458,000
684,000
621,000

500

A.

7

4

9,876,2.50

1908

Boston.

7

6
6

§K6g.
6g.

^-

issue coupons were funded to Oct. 1376,
and were then paid, half in cash and half in ten-year
scrip.
Coupons of 1ST7, on notes of 1882. paid half
in cash and half in scrip due 1SS2.
The extension
of leased lines and new roads building in 1878 are
refir.-cd 10 in V. S7 p. 15.
The
C. T. <fc W. Is
leaded at .3 ) per cent of gross earning,*, rising to 31
per cent in 1880 and thereafter. (V; 25, p. 380; V.
26, p. .%7, 468, 469, 52-2, 574; V. 27, p. 15, 40.)

of that

the

l««ned as 8tate<l in V. 27. p. 67. (V. 25,
V. 2«, p. ir, 89, 84, S6I; V. 27, p. 85, lil.)

.1.

400,000
1,125,000
7,041,000
3,366,000
3,349,000
466.4 1
480,000
439,000
412,000
650,000
1,779.000
750,000
15,000 i>. m.
500,000
4,250,000
1,232,200
24,795,298

500 Ac- 15,165,200
500 *c. 11,989,680
500 (fee. 28,783,000

J.

May

'

(V. a?, p. 40.)

Alabama <J6 Great Southern, — This is
& Cha tanooga reor^Knized after sale.

mortgage

1867

.sterling,

CenlV'/l, —In default since

Alabama

1871
1871
1871
1872
1873
1873

350

Sav. .\lhany & (iiilf KK. mortgage bonds
Southern (Jeorgla & Florida, 1st mortgage

do

460
460
460

DIrldend.

A J.
June, 1001
Vlg.
A J. N.Y.,F»rmer»' L. AT. Co Jan. 1, 190«
J. A J. N. Y., B'k of Coinm<!rce.
July 1,1878
7
J. A J. N. Y.,DeI. A llud.Can.Co
July, 1888
6
M. A N.
Nov., 1895
do
do
7
A. A O.
do
Oct., 1885
do
7
M. A N.
do
May. 1881
do
7
A. A O.
Aprlll, 1006
do
do
7-30 J. A J. N. Y.,Wlnslow. L. ACo. March 1, 1806
6
Jan'arj- Hnrrlsbiirg, Treasury. $100,000 y'rly
7 or 6 g. A. A 0. Philadelphia or Lomlon
Oct., 1901
7
A. A 0.
Plttsbingh.
1804
7g. A. AO. N. Y.,Wlnslow, L. ACo.
1001
7
J. A J. Pittsburgh, Pcnn. Co.
1004
7
M. A S.
Boston, at Olllce.
Mar. 1, 1008
7g. J. A
N. Y., a. Op«lyke A Co.
July, 1890
7g. A. A 0.
Boston.
Oct 1. 1000
7g- A. A 0.
do
1003
7
J. A J.
do
1870 A '82
8
J. A J.
do
Jan. 1,1883-'8B
7
M. A N.
do
7 g. J. A J.
do
July 1, 1002
7g. J. A J.
do
July 1, 1005
7g. J. A J.
1005
do
8

2,416,300

($lt.>.()()0,000)

tH

Courtolidat(Hl 1st

100
100
100

87
567
507

Leased lines rental gold lutnds (CI. & M.)
do
do
(P. P., P. V. and S. .St A.)
Western E.\ tension eertifltates (CI., Col., Cin. & I.)
bonds
do
do
do
Atlantic

1,000

265>»

—

Rate per When When Parable, and by
Cent.
Payable
wboiD.

25:t,(MK)

1,000

s

liontls, .5 to 10 years
Pot tawat omic lionds (contingent)
Wicliila A- S(iutiiW(Wt. (leased) lat M., gold, guar
Kan«. < Ity Top. ,t West., (leased,) 1st M., gold
Pueblo .t .Ark. Valley, (leased,) 1st M., gold
Extcnalon mortgitgo, gold
N(!W Mexico & go. Pacific, 1st mortgage, gold
Atlunltt d- Churlolle.—Sovi prct. mort
MortsraKc bonds
Ailuntit il- West Point Stock
Atlantic, t Oreitl ire«/«i-n— Stock (total $40,000,000)
Preferred stock
Old 1st mortgage bonds, Ohio Division
Ist general mortgage ($ia.(K)0.000)

Amount

Outstaiidlog

91,600,000
1,000

XT

node* of amr error dleeoTere4 la lliese Taklee.
~Bon4l»~frtati'
INTEREST OR DIVIDENDS.
pal, When Doe.

(t)

aoi
142
142
142
142
142
202
132
110
110
202
02 13
62 "a
149

Land iiu'omo

2d

:

I

K

S

A

Atlanta
Richmond
Charlotte,— T\te .\tlant»
was sold in foreclosure December, 1876.
(V. 23, p. 378, 575; V. 24, p. 180, 203, 369.)
.\ir-I.ine

West ftrfni.— Gross earnings, in 1S77-S
in 1876-7, $311,158; net earnings in 1877-8,

Atlanta
$.321,140,

Jk

in 18-;6-7,

$1C6,!>49.

bonds outstanding.
121.)

(V. 25,

$I4.'i,435,

Atlantic <t Oreat

There are $83,000
p.

WeMem.—TMs

137;

V.

27,

p.

road was leased

to the Erie for 99 years from May 1, 1874, but
Shortly after (in
was contested.
the
lease
July, 1874) default was made on its bonds. Proceedings looking to re-orgnnization arc in progress,
and a consideranle amount of securities has been

deposited by holders with the London Committee.
Phi-re has been liiigution a.< to imstponing the payment of the old Ohio Division bonds. In ,Iau.,
1878, £4 per bond was paid on the coupons of Jan ,
Gross
187r.. of the leased line rental bonds of IST'a.
earnings in 1877, $8,974 278; net Income over
(V. 25, p. 16,
rentals. Ac. $154,170.
.i91, 640; V. 'iO, p. 66, 95, 214, 444.)

3M, 510,

Atlantic (S Gulf,— The Company also has $.334,000
of old sectional mort. b'ds outstanding; $.'i(lo.OflO 10
per cent coupon notes; $4.'i.(X)0 .lunction Branch RR.
Bonds, and $5f.50O Bainbridge Ext. bonds. Interest on sectional mortgages, prior liens to the
consolidated. Is paid by receivers, and on consolidated bonds 6 mos. in arrears. In New York, Jnly,
'77, $l,000,0002d mortgage bonds, held as collateral,

wefe sold at auction

V

24, p. 39, 181, 203,

(V. 82, p.
25, p. 57, 407.)

at 5;i(a6V.

368

;

V.

469;

AUantic, Mississippi <t OAio.— Gross earnings
year ending June 80, 1677. $1,802,281; expenses,
For year ending
$1,.331,412; net earnings. $470,83 '.

June

30.

1878

(May and June

p'rily csiiraatcdi,

gross earnings. *1.78S.i)81; net, $721,011; conttruc$:j00.4t8: balance, $ 2<,^«3. The divilion, Ac.
s-ional bonds malnred and maturing np to July, 1880,
have been extended for ten years by order of the
Court, and new sheets of coupons ate issued to the
holders. Interest on the divisional bonds is paid.
A nnal dicrce of sale under the consolidated
scheme
mortgage is ejiiected in October. 18:8.
of re organization approved by the consolidated
will
London)
in
(mostly
morigage bondholders
probabry be canled out. (V. 25, p. 261, 532; V. 88,

A

p. 141, i42, 414, li22;

V.

31, p. 40,

i.7.)

Atlantic <t St, iowrWKW.— Leased for 991 years,
from July, 1853, to Grand Trunk Raihvay of
Canada. Aflnnal rent, 6 t)er cent on bonds and
stock. Voted to Issue Mock to pay bonds due 187S.
(V. 27, p. U7.)
Augusta <t aironnoA.— Leased to Central of Georgia for $73,(100 per annum ; has surplus fund of

about $50,000.

Bald EagU r<ufcy.— Leased to PcnnCTlvsnla Railroad at 40 per cent of gross receipts. In 1877 gross
earningswore »136.9«8. The Pennsylvania Rallrosd
holds till the 2d mortgago bonds.

Baltlmon
V.

'25,

p.

<ft

509.

OAio.- Annual report for 1876-7 in

The

gross earnings of the

Mam

Stem." Ac, and flnancial condition of B. A O.
Co. for four years were as follows
Stock and
Net
Gross
Debt.

Earnings.

Earnings.
SS.ie'l.^iM

1875-fl

t8,2ea,0»5
9,888,861

1874-5

10,MM78

4,898,806

183-4

11,6»8.988
18.tt8.844

M>8,080

45,978,n0(>

4,(IS4,7«S

t8,S«7.U0

18767

1872-3

4,S15,SM

•p.sii^odo
47,171.000

—

...

RAILROAD STOCKS AND BONDS.

XVI
Subscribers

conler a great fiavar by glrlns Immediate notice of

irlll

DESCRIPTION.
&e., see notes

of

Baltimore <£ Ohio— ( Continued )—
Loan., ster., («. f. £7,500) lien on Chic, line l)onds
Northwestern Virginia. 3d mortgage, 1855-85 ...

263

to State of Maryland
(tunnel) gold, 6. f. 1 p. e.
Baltimore it t'olomae—\%\.
let mort., gold, tax free, coup., s. f. 1 per cent
2d mortgage, income, main line and timnel, reg..
SeUerille d- South. 111.— 1st M.. siuk'g fund, guar
Belvidere Del.— 1st mort. due 1877, extended, guar.
2d mortgage bonds of 1854 (guar. byC. &A.)
do
do )
3d mongage bonds of 1857 (
Consol. mortgage of 1876

98
98
56
64
67

Bonds

M

i',6bo

1858
1873

160
82

(!)

1,000

1876
1871
1873
1870
1863
1809
1869
1870
1869
1873
1878
1872
1878
1870
1871
1871
1869
1871
1875

i'o'i

i'gi

49
71
181

—
—

144
156
139
139
139
67
60
60

2d mortgage, endorsed

.

<t

2d mortgage

Co.— 1st mortgage

31
291
242
242
92

Can. South.— yew nmrt., int. guar.(for $14,000,000)
Carolina Central— 1st mortgage, gold, coupon
Income bonds, coupon
.'

.

Oa(ains«n— Common stock

New preferred

;

New mortgage
Camtga d- .Siigf/McAfODiff—Stock.
Cedar Falls d- Jfion.— Bonds on 1st div. sink. fund.
Bonds on 2d division, sinking fund
Cedar Itapids d J/i«««i(i-i— Common stock
Prefcned stock, 7 per cent
Ist mortgage
do
do
The

gross earnings of the main and

in

WT6--7

were

$I8,-.03,860.

all

lea?ed lines

and net earnings,

J4,9?2,805, including earnings of Pittebnrsh Division.
Div. of 25 per cent on Wash. Branch stock in June,
mi. (V as, )). 12. lOr, 6t9, 53S; V. i6, h
p. 2S9,
.

V. 27, p 67.)
Baltimore <£ Polomm.—This is the line of the
Penn. Railroad from Baltimore to Washington. The
bonds are guaranteed by Penn. RR. and Northern
Cent. Net earnings. '.877. tlll,7--8 (V. 22, p. 588;
V. 24, p. S«.3; V. 26, p. 598.)
BeOevUle dk Soulhemlllinois.— Leased and operated
by St. L. Alt. & T. H. Co. on a percentage of gross
earnings. (V. 24, p. 297; V. 2«, p. 417.;)
Belvidere Delaware.— SXoek is S»95,160. 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 S12J,56«. Floating debt, $171,702.
3«rfoAir«.— Leased <o Hoosatonic, at 7 per cent
per year on stock, but \X per cent is usually applied
361, 59.<;

.

for taxen,

ifcc.

Bot:on * Albany.— As this is the principal Western tmik line from New England, its yearly report?
show the course i-f business on that class of railroads. In past four years the following has been
Its exhibit:
Gross
Net
Total Stock
Earnings.
Earnings.
and Debt.
..>» «
$6.'7.>.610
$2,llifi,844
82^870.609
JfJB-T
JgJ»-«
1874-5
1873-4

7.074,7.58
.

...

7,634,139
8,963,128

(\.28,p.477; V.

1,000
5'00&c.

lod&c.
50 &c.
500 &c.
500 &e.
500 &c.
500 &c.
500 &c.
500 &c.

•.'4,

2..391,;64
•2,562,147

2,4H,916
p. 201;

27,129,282
26,478 282
25,4'S,100

V.25,p.430; V.

26,

p. 166.)

Boston narre <t «7ar(7n<r.-Income in 1S76-T1
showed a deficit of f 44,4'2a under interest charge.
Boet.ainton Fitclib AN.Bedrd. -This was a consolidation in May, 18;6. of the B. C.& F. and the N.
B«df. roads.
y 1. 1878, Ihere were 8719,792 notes

M

outBtandlng. (V. 23, p. 6*1 V. 24. p. 1 3 1, 518.)
Boston, Concord A Montreal.— Grots earnings for
the year ending with March, 1878, were
»6i4,27J
net earnings, ta)l,l(3a There are also $76,(XX) old'
;

1,034,000
8.53,000

18.53
18.55

1,000
1,000

1867
1878
1873
1874

500 &c.

1,800,000
2,500,000
3,500,000
2,250,000
1,600,000
3,000,000
1,215,550
490,000
497,000
350,000

1,000
1,000
1,000

3,000,000
3,000,000

i',6oo

1,000
1,000
1,000

500
50

"bo

65

1,000
1,000
1,000

100

1872

1801
1803
1866

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

in 1865,

and

1864
1860

14
61

274

I

bonds due

"sis

$350,(X)0

dne in

313

7
"7'
5
7

7
1
313

7

7
7

1875.

(V. 24,

547; V. 25, p. S3I,)
Buffalo, Bradford db Pittsburgh— Under perpetual
lease to Eiie at $40,600 p r year.

23. p.

Buffalo, Neio York dk .EW«.— Leased to Erie in
1863, for 490 years, at 7perceut on stock and interest
and smkingfund on bonds. (V. 23, p. 646; V. 24. D
316; V. 25, p. 16.)
Buffalo, New York dk Philadelphia. —TVif is the

connecting line of the Philadelphia

p

&

Erie with

574.)

BurilnglonCedar Rapids

c6

Northern .—T\\e stock

for $in,0Oi,iO0, cf which t5,.500,000 has been
issued. This company guarantees $150,(100 Minneapolis
St. L. RK. bonds. (V. 24, p. 618; V. 25. n
is

&

aao.

510.)

<fe

'

M.'&N.

'

Burlington

dk Missouri Jtiver.-Aa ajreement of
consolidation and a perpetual lease to Chicago, Bur
& Quincjr, was made in Oct., 1672. In August, 1875.
stock of Chic. Burl. & (J. was issued in place of
stock of this C.i. and for convertible bond.'. Annual
report \. 20, p. 335. (V. 20, p. 139; V. 82, p. 87.)

* "i^win

in Nebraska.— Tht stock is
«,„^oo'*"'''""
$8,583,750, and a dividend of 2 per cent was m»de
August 1, 1878. Has a valuable land grant.
proposal is made to issue new 6 per cent bonds for

A

M.iy 15, 1878

Philadelphia,

& N.
May 15, 1878
do
& A.
do
Feb. 1, 1882
& A.
Philadelphia.
1888 1'89
A.
Feb. 1, 1900
do
J. & J. New York. 44 Soutli et. July 2, 1878
A. & O. N.Y.,J. 8. Kennedy & Co Ainil 30, 1884
J. & J.
do
do
Jan. 2, 1907
Q.—F.
Boston, Treasurer.
Aug. 1, 1878
F. & A.
do
do
Aug. 1, 1878
F. & A. N.Y'., Nat'l Park Bank. Aug. 1, 1891
F. & A.
do
Aug. 1 1894
do
M. & N.
do
do
May, 1916
8s matnrini; in 1894. Omaha & S. W. is leased. The
-W.

F.
F.
F.

SIC; V. 26. p. 646.)
Boston dk ioiuca.—Operated with the Nashua &
Lowell, which receives 31 per cent.
There are
$407,000 ncires outstanding. (V. 23, p. 50O; V. 25,
p. 16; V. 21). p. 39; V. 27, p. 121.)
Boston, db .Ifaine,— Net income, 18T6-7, $';60,964
against $846.6,53 in 1875-6.
(V. 22. p. 280; V. 8% p.
50i>i V. 25. D. .531.)
Boston db A*. Y. Air Line.— Foimerly N. Haven
Middlctowii & Wil. Rojid cost about $6,000,000,
represented now by $3,000,000 preferred stock and
$1,000,000 common. Gross earnings 1817-8, $265,925;
net. $17,482. (V.22.p.567; V.24,p.5S9; V.x6,p 598.)
Boston dk Providence.— Tt\e bonds and also $794,000
notes have been issned for purchase of branch
roads. In November, 1877, $800,OJO ten-vear notes
were authorized, to take up others falling due. (V.

(V. 26,

—

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

p.

Buffalo.

Stocks

<fe

m

50

100

"70
58
146

0)

1,000

stock

Old prefcned stock
1st mortgage bonds
Chattel mortgage bonds

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

100

"40

Con.solidated mortgage
\i^i„
oe rg.
Omaha & 8. W., Ist mortgage, guar
J
Repul>licau Valley Railroad, 1st mortgage
Burl. <t Southwest.— \at mort., cp., may be reg
Cairo rf- St. Louis Ist mortgage
Cairo di Yineennes 1st mortg.age, gold
California Puciftc— 1st mortgiige, gold

. .

500,000
4,000,000
500,000

100

26
142
140
121
121
367
281

. .

li'urlinglon

6,921,274
3,.500,000

1873

I

<£

,571,,500

100

52
66

6

800,000
1,000,000
202,000
1,478,000
3,250,000
200,000
999,500
500,000

1873-4 500 &c,
1875
1,000

J.
J.
J.
J.

6

425,000

204

I

Camden

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

1872
1875
1876

$1,000,000)

liy Central PaciUc
giuir. by C. P. ($1,000,000 are 3 p. c.)
Atlantic— Stoc^ ($838,150 of it pref.). . .
Ist mortgage (extended 20 years in 1873)

1,000

'61-''74

;

3d mort.,

i',6bo

'69-'70

166

Burlington, C. Kapid s<t Nor them— Ist mortgage
Burl.d:Mo.Piv.— 1st M.on r'd& 400.000 ac's I'd Cp.
Income b'ds, conv. C. B. & Q. st'k (4th ser.) may
1st mortgage, conr. do. on or'ch (5th ser.) ( be
Convertible bonds, C. B. & Q. st'k (6th ser.) J reg.
Bttrl. <t Mo. in Xeb.—lst M., conv., land gr. . 1 f,.„„
Bonds, convertible till Jan., 1882
I mo5

Camden

1854
1876

Philadelphia— 1st mort., gold

(for

1,000
1,000

100 &c.

29
43

New mortgage
<t

100
100

1875

<£•

2d mortgage

500
500
1,000

39hi
151

Boston <e Jfaiiie—Stock
Bonds, coupon and registered
Boston iS; New York Air-Line 1st mortgage
Boston tt Providence Stock
Bonds to purchase branches, coupon or registered
Ten year notes for $800,000
Buff.,Brad.a:FiUs.—GeM. M.,(incl. 10,000 ac. I'd) ....
Buffalo. New York
Erie— Stock
Buffalo, N. i.

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

When Due.
Last
Dividend.

pal,

& D. Lon., J. S. Morg.an & Co Jvme 1, 1927
& J. Bait., Mech's Nat. Bank
1885
& J.
July 1, 1888
Baltimore.
J. Baltimore or London.
July 1, 1911
A. & O.
April 1, 1911
do
do
Jan. 1, 1915
Baltimore.
i«- J. & J.
A. & O.
N. Y., Russell Sage.
Oct. 1, 1896
8
1902
J. & D.
Philadelphia.
6
1885
6
M. & S.
do
1887
6
F. & A.
do
7
J. & J. Treasurer, Trenton.N.J. Jan. 1, 1916
July
Q.-J.
Boston,
Kiaaer,
1,1878
P.
1%
& Co
4
M. & N.
Boston Office.
May 15, 1878
Feb. 1, 1892
F. & A.
7
do
July 1, 1895
6
J. & J.
do
A. & O. Worcester, City Nat. Bk. April 1, 1893
7
Boston OtHce.
M. & N.
"e
J. & J. Boston, Boston N. Bank July 1, 1884
1889 & '90
J. & J.
do
7
do
June 1, 1896
J. & D.
do
7
do
'81,'82, '83, '85
A. & O.
do
8
do
6&7 J. & J Boston, Suffolk N.Bank July, 1881&94
May 13, 1878
M. & N
Boston Office.
3
"6
J. &
Boston Office,
1889
do
1893
6&7 A. &
do
2
J. &
Boston, at Office,
July 1, 1878
A. &
do
6
Oct. 1, 1879
do
A. &
do
April 1, 1892
7
do
M.
&
7
do
March 1, 1895
do
6
J. &
do
July 1, 1896
do
M. &
3
Boston, at Office.
May 15, 1878
J. &
do
7
do
Jan., 1893 & 94
F. &
New York.
7
Aug. 1, 1895
M.&
3
Boston, at Office,
M,ay 15, 1878
J. &
do
July 1, 1893
7
do
"?'
J. & J,
New York, Erie RR. Jan. 1, 1896
3I3
J. & D.
N. Y., Erie Railway.
Dec. 1, 1877
J. & D,
June 1, 1916
7
do
do
6g. J. & J. N. Y., Farm. L. & T. Co July 1, 1896
10
J. & J.
Jiily 1, 1893
do
do
J. <fcD.
5
New York.
Sept. 1, 1906
A. & O. Boston and New York Oct. 1, 1893
A. & O.
Aptil 1, 1879
do
do
J. & J.
July 1, 1894
8
do
do
J. & J.
July 1, 1889
8
do
do
J. & J.
July 1, 1894
8
Boston Office.
J. & J.
do
Jan. 1, 1883
8
do
"8
J. & D.
June i, 1896
do
6
J. & J.
July 1, 1918
do
M. & N.
May 1, 1895
8
Boston, Co's Office.
A. & O.
7
Oct. 2, 1901
A. & O. New York and London.
Oct., 1909
«• J. & J. N. Y., Nat'l Park Bank, Jan. 1, 1889
I
do
1891
J. & J.
do
6g.
July, 1905
& 6 I.
New York.
J.
2
Camden, Co.'s Office. Jan. 15, 1877
Q.-J.
Jan., 1893
7g. J. & J. Phila.j Farm. & M. B'k.
A. & O.
do
Oct., 1879
7
do
F. & A. Phila. and Mt. Hollv.
6
1807
3
J. & J. N. Y., Union Trust Co.
Jan 1, 1908
J. & J. N. Y. Office, 4 Broad st. July 1, 1923
A. & O.
do
April 1, 1914
do
5

$8,000,000
140,000
366,370
1,500,000
3,000,000
1,133,000
1,100,000
1,000,000
499,500
745,000
1,200,000
600,000
20,129,282
5,000,000
2,000,000
400,000
3,047,700
400,000
799,600
528,000
870,000

$....

1871-2

Mortgage bonds 1869-70
Bonds
Equipment notes
N. Bedford Railroad bonds ($400,000 are 78)
BosUm, Concord <£ Montreal— Preferred stock
Com. stock (for old dividends & new stock)
Sinking fund bonds ($654,000)
Consolidated mortgage bonds (for $2,000,000) ...
Boston <i Lowe//— Stock
Mystic wbarf purchase bonds
Bonds
Bonds
New bonds

—

£200

1877
1855
1878
1871
1871
1875
1866
1877
1854
1857
1876

'84
21
321

Berkshire— 8toc)i
Boston <e Albany—Stocli
Dollar loan
Txian of 1875, coupon or registered
Boston, Jiarre <t Oardner.—lst mortgage
Bosl.,Clin.<t Filchb.db A'.i!.—Stock ($1,750,000 pref.)
let mortgage, Agricultural Branch

—

any error discovered In these Tables.
Bonds — PrinciINTEREST OR DIVIDENDS.

Date Size or
Amount Rate per When Where Payalile and by
of
liar
Outstandins
Pay'ble
Cent.
Whom
Bonds
Value.
Road.
Miles

For explanation of column headings,
on tlrst page of tables.

XXVII

[Vol.

t

<fe

R^-publican Valley ro.Hd is leased and interest paid
on its bonds, which are changeable for B. ,fc M.
consolidated bonds on anv coupon day after July I,
1879. (V. 36, p. 192, 494, '48, 568; V. 27, p. 15, 67, 171.)
BurHngto.i dk Southwestern.- tietSiMXted Nov., 1873.
Foreclosure in progress. (V. 21, p. 159, 441.)
Cairo tfc St. iOKW.— Defaulted in 1873 by failure
to receive town and county bonds.
Receiver appointed December, 1877. Deficit In earnings 1876-7,
$30,115. (V. 22. p. 352; V. 2S, p, 511, 569.)
Cairo d ri«c«i;(«s.— Defaulted in 1874. In hande
of receiver.
Deficit in earnings 1816-7, $11,747.

(V, 22, p, 446.)
California PaciUc. Gross earn'gs, '76-7, $1,356,632;
net, $44^,026. Extension bonds of S3.500.00(; and incomes of $1,000,000 were in default, and the new
bonds of 1S75, guaranleed by Cent. Pacific, were
issued iu place thereof. (V. 23, p. 62; V. 24, p. 274,
41.8,1,05.)

Camden
483; net,

dk

Atlantic.— Gross earnings, 1877, $477,Interest, &c., $92,379.
Divi-

$177,041.

dend, 2 per cent.
Camden ifc Burlington Co.— Leased to United
Companies, at 6 per cent on $332,000 stock.
Canada Southern. These bonds have interest
guaranteed for 20 years by New York Central, at
3 per cent for 3 vears and 5 per cent for 27 years,
but 10 guarant>-e of principal. (V. 23, p. 283,308,
375; V. 26, p. .'67, 391. 574: V. 27, p. B4.)
Carolina Central.— Rta-wer appointed Recember,
1876.
Passed interest January, 1876. (V. '.3 p, 622.)
Ca(att'i««a.— 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 (fc Susqjiehanna.—lje&setl in perpetuity to
Del, Lack, & West. Dividends, 9 per year.
Cedar Falls di Minnesota.— LeascA to Dub. i Sioux
City, and sublet to 111. C. at $1,500 per mile yearly,
and a per cent of all earnings over $3,500 per mile.
Cedar liapids dk Mtssouri.-Le&sed to Chicago &
Northwestern at $700 of first $1,500 gross earnings
per mile; one-third of the next $3,000 per mile, and

—

one-flfth of all

above that.

(V.

2.',

p. 162.)

.

Aroi-sT

ni,

RAILROAD STOCKS AND BONDS.

lem]

xvfi

Subscrlben will eonfar a Kreat favor hf (ItIiic Immadlata node* of mar error diseovarad In Ibcaa Tablo*.
^o^IfmS
UKHCRimON.
INTERBWr OB DIYIDEKm!
~ir7^i^iiimr~I3TI
MIlM Date Stie, or
pal, Wbea Dw.
Amount
or
of
mir
For oxpliuintlou «r column hou<ltnK«, Ac, lee notes
Outstanding Rate per When Where parable, and by (WMka-Lart
ou

Oenlrul R. R.

<t

llrat

imK" »(

Road. Bonds

t»blv«.

Unnl:, (Ja.—Stoclt

Ociii-nil iiiort. '•tilinutltc" 1k1« (^5,000,000) coup.
Macon A Western oon(l»
Cenlnil of /omi— l»l ^l<>I'lK>^>'C KoUl, couiion
'Jil niortKiiw, Kolil,iii|,(K)0 iior mile
Cfniral of ,Vf (c ./rrwey—Stock
MiU't^u^'c IxhhIh
Bonds (,niivcitil>lc Nov., 1875 to 1877)
CoiisolKlalcd niortjrnKO (for ^•JS,(KK),000)

New

>:cncral niorlpijco ("blanket")
Newark A: New Y<»rk, l»t mortpa^
I^-liieli >V WilkcHharre Conl Co.. Ist mort. icuar..

do

do

Am. Uoek A Imp. Co.

708
620

1872
1870
1809
1871

202
202

74

1860
1872
1874
1876
1807
1874
1875

"vi

Western I'ucitic, 1st mort Ka^e. gold
do
Government lien
Cal. & Oregon, Ist mortgage, gold (guar by C.P.).
C. V. bonds, mortg. on C. ik O. Br. (!(l7,200.000 g.)
San Francisco O. & A., 1st mortgage (.f 1, 500,000)
Lan<l bonds on 1 1 ,722, 100 acres
Charl'flte Columbia <f Aui/usta— Ist uiort. coiisol...
2d Mortgage
Chart iers— 1 st mortgage
Cherrij Vailei/ A'Artr. <t Af.— Igt mort., convert
Oketaprake <f dio— 1st mortgage, gold, "A"...
Ifct mortgage, gold, "B"
2d mort gage
let mortgage, (V». Cent. R. R.,) guaranteed by Va.
coupon
do.
do.
,3d mortgage,
Income uioitgftgc, (Virginia Central K. K.,) coup
Funded interest, coupon bonds
OA«»Aiir— St ock, preferred
Bonds, not mortgage
Chester YuUeij 1st mortgage.
Chicago <* A lion Common stock
JPrererred st'ck (7 p. e. y'rly not cumulative) ...
General mortgage, sterling, for *900,000

137
137
137
1213
742 1805-8
50 18G4
138 1802.
14(i
1870
742
158 1860
123

—

j....'
1st nnirlgnge
Income b<Mids
Joliet & Chicago, 7 per cent, stock
do
do
1st mortgage, sinking fimd...
St. I>ouis Jack. & Cb., l.«t mortgage
do
1st mort. guar, by C. & A.
do
2(1 mort. guar, by C. & A.
do
do

do

do

—

1st mortgai-'e.sinking fund, (trust)

—

.fc

|

—

—

Louisciilr 1st mort
mort., gold, sinking fund
Indiana exteu., 1st mort., gold (2d mort on 114ie,)
OAica(/o <f loica— Ist mort., coup., may bo reg

A

t£

E'lsl. J//.— Ist

Central Railroad <t Bank, Co.— Leases several
road^, and guarantees bonds. In .\pril, 187.5 purchased one-Ualf interest in Western Railroad of
The " tripartite''
Alabama at foreclosure sale.
bonds are issued jointly by this Company. tbM Macon

A West., and Southwestern. Gross earnmirs year
ending Aug. .31, lK7r. fa.tOfl.fl')!; net, JSiB.OM. (V.
V. 2"), p. 43 '.)
23, p. %.% 4 ^ 8
Central of Awa.— Sold In foreclosure, Jnly IP,
Gross earnings, 1877.
1877, und -r 1st mortgage.
;

$W3,818; n^t. «OI.190. (V. «. p. I.i9. 4ri: V. 84,
p. 14S, S«l; V. 2"s p. 62, 837,431, 5jl; V. 8«, p.
815.)

~\

fall abstract nf the reCentral of Neic Jersey
organization scheme now (lending w.is published in
the CHnoNici.i:, V. i6. p. J15 with a brief stitument
of earnings in 18?', and probable futtire earnings.
Ntt earnings, 1877. after payment of Lehigh A
The report of
8n«q rental, were til,8:lS,l:i5.
Committee con-olidated mortgage b.indholders was
given In V. i4, p. 494; and on I.ehigh AWilkesMrre Coal Cumpany in V. 8!>, p. 68. The Ontral
$2,3i0,<00 of Lehigh
Of New .lersey assumes
Coal JB Navigation Couijiany's debt and $tt8,71l3
of ttie Railnxid Car Trusst Company. The Amcriran Dock & Improvement Co. cxecnted a mortgage
' '1^1 HI. (XI", in 18:7. 'o sccnre its bonds. The
11.' table shows the receipts, expen.ses and net
;^. including Ijehigh
A Susquehanna Divi-

1874
1875
1876
1817

Receipts.
$8.5««,«H

Expenses. Net earn'gs.

..

7,411,6:J7

$4,140,601
4,188 '.7

$4,449,0(0
3,i8J,910

.

6,!M6,0

3,ft84,'llX)

5,65!t,C67

3,8 9,697

3,8118,000
8,449,(;T1

. .

.

..

63, 111. 135, 1.56, 804. 886. 549. 874, 875,
480. 445, 4!M. 5 I T. 59D, 604; V. 8."), p. 68, 457,
591; V. i6, p. 40, 6li, 95, 141, 816, 315, 391, 495, 574,
592,624.)
Central OAio.— Leased to Baltimore
Ohio KR.
a 181)6 for 21 years; rent 35 percent of gross receipts for ave years, and 40 after.
Pays 6 per cent

tV- 31.

\ 39«,

A

dlviUends.

1,000

117,000
3,700,000
925,000

100

20.(MK»,000

1,000
1,000
1,000

.5.()0().0()0

£200

23
21

60
50

2,437.9.50

I'.obo

i',6oo

1,000

500 Ac.
100 &c.

100
500 &c.

21>s

ibb
100

677
649
322
220
220
38
38
150
37
37
150

1873
1863
1862

1857
1864
1864
1868
18C8
1870

•.'.•' -lO

100
1,000
1,000
1,000

1,000
1,000

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

Wioni

Dtrldend.

T)

M AN
V — M.

O.U-'II.OOO

25,885,000
2,616,000
1,970,000
6,000.000
2,000,000
500.000
1,810,500
500,000
500,000

300,000
2,000,000
15.000.000
10,000,000
100,000
902,000
300,000
160,500

.7
.1

7

P.

1,
1,

189»
1900

A

do

A.

July 29, 187»
July 20, 187»

180a

Sept.,

Oct.. 1877
1809 to "99

July
Jan.
Oct.

1,
1,
1,

ISM
18S8
1000

1895 to -98
July 1, 18991
1800
Jan.
Jan.

July
Oct.

Oct.

18S»
1899
1890
1890
1895
1,
1,
1,
1,

1,

1901

Deo. 15, 189S

1880
1884
1876
1877
Jan. 15, 1878
JtUy 1,'80A'9«
May, 1872
8ci)t. 4,

Sept. 4,

July

1,

Jan.,
Jan.,
July,
Julv.
April.
April 1,
Jnly,
July,

.7

1,8.54,000

180A

1,

ISi^a

1887
Fob.

A J. N. Y., Am. Exch. Bk.
do
A J.
do
A J.
do
do
8
A J.
do
do
1
Boston.
A J.
6
A J.
do
7
M. A N.
Philadelphia.
3h M. A 8.1 N.Y.,M.K.Jc8up,P.A Co
3>2
M. A S.j
do
do
«« J. A J. 7vOnd'n,J.8.MorganACo,
J. A
N.Y.,M.K.Je8iip,P.A Co
A. A O
7
do
do
1%
N. Y. U. 8. Trust Co.
8
J. A J. N.Y.,M.K.Jcsup,P.& Co
7
A. A O
do
do
7
A. A O,
do
do
7
J. A J
do
do
7
J. A J
do
do

564.000
188,000
360,000

July

June

8

1,087,000
1,.500,000
306,000
2,365,000

190k
187«

1800
Nov., 1902

I/ondon.

6
6

836,400
500,000
10.065,300
2,425,400
4,379,850
2,383,000

1,5,

Aiirll 10.

N.Y.—Cent. RR.of N.J

eg-

2,1.53,S00

1880

Oct.,

July 15, 189»
April

.1

'

7,7li4.000

Jan. 2. 1S7S
Jan. 1, 1803

1878
187»
IOCS'

180a

1883
1878
1882
1894
1894
1893
1898
Au«.,190»

do

(»)

1875
1878

1,000

100
1858
1873

1,000
1,000

1872
1875
32 1869
40 1869
70 1870
44 1870
40 1870
43 1869
270 1876
4fi
1876
6712 1872
73 1867
108 1869
21
1872
80 1871

1,000
1,000

500 &c.
500 &c.
1,000

500

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

1.079,000
8!)0,.500

iVc.

1,000

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

1,000
1,000
1,000

720,000
317,000
2,467,000
810,000
2,571,350
1.000.000
2,500.000
1,500,000
1,750,000

A S, N.Y.,M.K.Jesup,P.ACo. March 1, 1905
A N.
do
do
M.ay 1. 190S
A 8. N. Y., Bk. of Commerce. Sept. 10, 1878
do
8
J. A J.
do
Jan. 1, 1883
7
A J. N.Y.N. Bk.of Com. ABost Jnly 1, lOOa
Frankfort.
Jnly 1, 1890
A J.
^«A O. N.Y., N. Bk. of Com'rce. Oct. 1, 1890
Boston. Co.'b office.
Jan. 1, 189»
7
J. A
Boston. Co.'s Office.
June 1, 18&»
5
J. A D.
May, 1879
8
M. A N. N.Y., N. Bk; of Com'rce.
do
July, 1889
do
8
J. A J.
Jnly, 190ft
8
J. A J. New York and Boston.
Boston.
Oct., 1890
8
A. A O.
Julv. 1S90
8
J. A J. New York and Boston.
Boston,
April, 1S79
8
A. A O.
Oct. 1, 1901
do
5
A. A O.
Feb. 1, 1S96
5
F. A A. Boston, C. B. A Q. RR.
Union
Tntst
Co.
1, llioa
A.
N.
Y.,
A
O.
?« J. A J. N. Y.. Farm. L. A T. Co. April
Jan.. 1887
April, lOOO"
7g. A. A O. New York, Co.'s Office.
April, 1912
do
do
A. A O.
I'- J. A J. New York and Boston. July 1. 190*
7
6

•

g.

4

Cettlral Pacific.-ln 1876 a part of the Southern
abstract of the
ine^ 'w;is leas'jd.
1876. including the land agent's
report, also gro?s and net earnings to June 30, 1877,
was aiven iu the Chronicle. V. 8.5, p. 200. Gross
eamiiias, ls76, $18,146,944, currency; expenses.

An

Pacific

The policy of
$8,732,074; net earnings, S9.414,-6!l.
making 8 i>er cent dividends yearly was declared
in 1875.
Trustees of land mortgage held in May,
1818. $1,109,213 n cash, and t;,t.96.9t2 in nctes.
and in August they call d for sale to them of
$!,100,0>J land bmrls. (V. 8.5, |). 200. 8.36, 375, 380;
V. s:6, p. 368; V. S7, p 40. 95, 1-28, 147.)
Augusla—Stoc'k is $-2.578.& Aug. bonds are yet
Net earnings in the year ending Sep-

CharMU, Volumiia
and

A

j;

annual report for

000,

J.
J.

A
do
do
J. A
Bait., at B. A O. office.
J. A
do
do
M. A R Bait., West. Natl. Bank.
A. A
N. Y. A San Francisco.
A J. N. Y., Flsk A Hatch.
6 g.
A J Sncram'o State Treas.
A J. N. Y., E. Kelly A Co.
A O N.Y., Flsk A Batch.
A J.
U. 8. Treasury.
A J. N. Y„ Flsk A Hatch.
U. 8. Treasury.
A J. N. Y-., risk A Hatch.
A J New York A I><mdon.
!'
A J. N. Y., Flsk A Hatch.
A O
««•
do
do
A J N.Y.,M.K.Jesup,P. A Co,
7
7
A. A O. Philadelphia, Penn R.R.
7
J. AD. N. Y., Metropolitan Bk.
7
2
3

3,000,000

..,000

1,000
1,000

88

««•

,680,000

1

11, ,500,000

i",6bo

434
434

600.000

1,000
1,000

1,000
1,000
1,000

105

l,"i,IMHi.OIH)

500 Ac.

1872
1870
1870
1860
1872
1871
1869

J 95

lOO.ddO

1.

Payable

Sarannah, Oa.
7
A .1 New York A Savannah.
7
A. A
Maoon, Oa.
J. A .1
No-w York, OfDoo.
A. A
do
do
14- t, .-.I.
New York, at olllce.
7
k; A A
do
do
7
M AN
do
do
7
Q.-J.
do
do
do
do
"7
J. A ,T
do
do
2's

3,27M.(I00

152
20

466
825
100
96

Consolicliitod mortgage coupon, (for .$30,000,000)
Northern Cro.ss U. K. '.'d. mortgage, gold
Trust mortgage (Burlington to Peoria)
Plain bond.s (coupon or registered)
Bonds of 187."i, (sinking fund $13,860 per year)..
Carthage A; Burlington, 1st mort.. ]
Ccnipon,
Hannibal, letm...
Dixon Peoria
Ottawa. Oswego & Fo.\- Riv., 1st m > but may be
registered.
Illinois (Jrand Trunk, 1st mort
Quiucy & Warsaw, 1st mortgage -.J
(
Keokuk & St. P.. 1st M. (Coup., but may I>e reg.)
B'ds for St. 1.. R. I. & C. (sink, fund $,^0,000) coup.
Quiucy Alton & St. Ix)uis, Ist mort gage, cimpon:
Chicago d Canada Sonttn:rn 1st mort., gold

Chicago, Cincinnati

3,50*',()00

186'8

2d mortgage
Louisiana & Missouri, Ist mortgage
101
do
do
new mortgage for $300,000
do
guar. pref. stock
do
Chicago A: 111. Uiv.. Ist nmrt. ($174,000 guar.)
28
Bonds secured by K. C. St. L. & C. bonds
Itjio
Chicago, littrliiit/ion d^ Quincy Stock

Chic.

1,000

500 &c

1.52

,

—

97,.500.000

liondfi,

Oenlrul 0/iio— Common
Pivfcrred stock
l8t in<»rtpi^e bomlR
Central 7'iiri.rfr— Stock
l«t mort.. ftold, (2 sinklne fnnde. $."S0,000 each)..
California 8tate aid. jrolil (s. fund, ^.lO.OOO)
Bonds, formerly conv. Into U. S. brts (.<.f.,l)i;ii\0O0)
iKl morti,'»!-'e on .Sun Joaquin Valley Uraucli, gold
U. 8. Loan. ('_'il lien on (crtaiu tcnns)

Conl.

$100

351)

.

Cnueol m., colli), loiar.
guar. Cout.of N. j
stock

Value.

<t

tlWI.IjOO of old Coi.

outstanding.
tember to, lerr, $2!2,488, against $203,327 the previoss year. (V. 84, p. 62; V. 2ii, p. 95.)
CAarfi^rs.— leased to Pitts. Cin. A St. Louis, and
operated by Penn. Co. Net earnings go to lessor—
in 1877, $42,406. (V. 22, p. 519; V. 81, p. 419.)
Cherry 7~lley, Shar. Jt jlf.— Transferred to Dela-

ware A Hudson Canal Co., April, 1875. Interest
unpaid in December. 1873. (V. SiJ, p. 404.)
Oifaaptake it OAio.— Sold in foreclosure April ?,
187S. for $2,750,0110 and r -organized, with securities
he piyments on
as above, when all are isfued.
old Virginia Central bonds and conpone. and notes
issued tnercfor were made as per circular. Cbrontct.B, V. 81. p. 94.
Net earnings 1876-7. $339.8()7.
(V. 24. p. 62. 299, 320; V. 85, p. 1?«, 6(1 ; V. 86, D.
17. 348, 582, 6a; V.8;, p. 15, 91.)
C»«»A4r«.-Net income. 187»-:7. $78,156. New 6
authorized, to red :em
per cent bonds for $536,0
bonds of 1R80. (V. 23. p. SIS; V. 86. p. 495.1
ChmUr YaiUy. -\n hands of trustees and leased
to Philadelphia A Reading. Coupons duo 1860, paid
May, 1876.
1

CMaago <t iitt-n.— The report for 1877 Is given at
length in V S'i, p. 813. and snows gross earnings of
.

$4,464,343, and net earnings of $2,107,387, against
Chicago RR. is leased for
$2,269,467 in 1878. Joliet

A

M.
M.
M.

,

,7.

on stock and bonds. St. L.. Jack. A Cbic
Railroad leased at S-24ii,n()0 per year. Louisiana
Mis.jonri Railroad operated under contract. New
extension to Kmass City bnil: in lf78. and a mortgage on that line (K. r. St. L. A Chic. RR.) is
deposited in Irnst as security tor C. A K. gold "is of
Chic. A III. River was to have been sold May
1878
(V. 8.5, p. 4-8; V. 8-s p.
31. 1S78. b'lt sale enjoined.
95, 1«. 213,28il, 4i6. 547; V. 87, p 41,94)
Chicaqo Burlinglon * Ouincy.— Purchased In Oct»
interest

1876. St:

gold.

A

I,

liock

Is.

&

Chic, road, for $1,570,000

i»

Gross earnings for I8T7 were, $li,6iO.R';5; ex-

penses, $7.3' 9,:06; net earnings. $5.821. li:«; interest
(j. leases nnmerona
charge. $2.139,9' I. The C. B.
branch roads, giving I hem a trafbc gnarantee(Gsaally
40 or 50 p. ct.) for purchasing their bonds. Leases
St. Louis at $48,000 per
In perpetuity the Q. A.
aunnm. Enough of the C. B.
Q. consolidated

A

A

A

In
reservd to take up prior debts.
Angnst, 1875, stock of this Company was issued in
Railroad
River
Missouri
for
Burlington
&
exchange
stock, and the same is alsr given for the convertibl»
bonds of Burlington * Missouri River Railroad'.
The bonds of 1876, for purchase of St. Louis Rock
Isl. A C. Railroad, are plain bonds of Chlcsgo Bnrlington & Quincy, but offset by 7 per cent morttage
bonds of like amount, •ccured on St. Louis Rock
Island & Chicago load. and denositcd with trustee*.
(V. 21 p. 63, 111. 202. 874; 'V. 85, p. 138; V. », p.
moitgagc

100

ie

'48.1

Chicago <ft Canada .<i>jKM<!'n.— Connection of CaaInterest in default and smonnt
ada Southern.
overdue .Innuiry 1. 18:7. $628,180. Dcflcit on opera(V. 8,5, p. 861.)
i<«ii»rt««.— No IsfurwaChicago, Cincinnati
tlon furnlBhert.
_.
„
^ ...
Chicaao it Rati I.linoit.—The Chic. Danv. A \ hie.
was told in forrtlosuro Feb. 7 and 8, 1877, and both
(V. 85, p. 40, SM,
Divisions were re organized.
tions in 187B, $83,821.

*

„

3S«.

431.

618;

V

.

86. p. 864. 315, 419.)

Chicago it fowo.— 'old Mar. 9, 1878, In foreclwata
of 8d mortgaee of Sl.ttO.OOa and a re-sal« oriterndL
Net eaming.i 187»-7, $lt4.a6«<. (V. », p. 1«8, SOI i
V. 86, p. 166, 864; V. 87, p. 40.)

.

'......

;

:

RAILROAD STOCKS AND BONDS.

KTIU

[Vou xxvir.

Subacrtbers will confer a great favor by giving Immediate notice of any error discovered In these Tables.

DESCRIPTION.
of column headings, &o., see notes

For explauation
on
Chicago, Iowa

it

first

page of

Nebraska

2d mortgage (no w 1st)
(now2d)
3d
do

tables.

—Stock

L. /riiroii— Peninsular, 1st M., gold, 8. f
Port Huron
L Micli., Ist mortgage
Chic, a Mich. L. Shore— lat M., New Buff, to St. Jo.
-.
1st mortgage, main line

Chie.

<£

&

Ist mortgage, on branches
1st mortgage, on Muskegon & Big R. Branch
Chicago. Milwaukee di St. Paul— Com. stock
Preferred 8 t'ck (7 p.c. y'rly, not cumulative)
Cousolidatcd mortgage (for $35,000,000)
1st mortgage f Lacrosse Di v.)

Size, or

of

Par

Koad. Bonds

82
82
82
166
66

^.^
^ V

$ & £(conv.)
1st moitgago, Hastings & Dakota
1st mortgage, Chicago <fe Mil. line
Western Union, Ist mortgage
Ist M. (Eiv. Div.)

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

1875
1863
1864
1867
1864
1869

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

1868
1868
1861
1872
1872
1873
1866

i',6'o'o

O.'.

Outstanding
$3,916,200
568,200
2 11, .500
3,600,000
1,000,000
477,000
3,523,000
1,350,000
1,280,000
15,404,261
12,279,483
7,341,000
6,600,000
600,000
3,810,000
190,000
640,000

100
100

25
235
235

Milwaukee & Western

$100
100 &c.
500 &c.

1860
1863
1869
1870
1869
1870
1871
1872

370
370
220
49

Ist mortgiige (Iowa & Minnesota)
Ist mox'tgage (Minnesota Central)
let mortgage (Iowa & Dakota)
Ist mortgage, Iowa Division ($15,000 p. m.)
Ist mortgage (Prairie du CUien)
2d mortgage (Pr.airie du Chien)

Amount
I

Value.

1,412
1,412

'

& Chic.

Date

of

52

2d mortgage

8t. P.

Miles

i'so

75
85
197

1859
1862
1859
1862
1853

.

1863
1863
1865
1871

.

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

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

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

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

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

1st mortgage (Bcloit & Madison Railroad)
46
Consol. smk'g f*d M., (all above convert, into this)
779
Madison extension, 1st mort., sinking fund, gold. 126
500 &c.
Cliicago & Milwaukee, Ist mortgage, 2d lien
85
1,000
Menominee extension, 1st mortgage, gold
120 1871 500 &c.
Gen. cons mort., gold, conp. or reg. ($48,000,000) 1,058 1872 500 &c.
Winona & St. Peter, Ist mort., guar by Chic.&NW. 137 1870-1 1,000
do
2d mort.,
do
do
137 1871-1 1,000
do
1st M. exten, gld, land gi'., 8. f.
175 1871 100 &c
Iowa Midland, 1st mort., guar, by Chic. & N. W..
75 1870
1,000
Northwestern Union, Ist mortgage, gold
62 1872 500 &c
Chicago <£ Paducah Ist mortgage
156 1873
1,000
Chicago, Fekin d: Southwestern ist mortgage
70 1871
1.000
2d mortg,age
64 1871
1,000
Chicago. Hoc/c Island A Pacific— Stock
732
100
Branch bonds (sinking fund $40,000 per y r.)
1875
1,000
1st mortgage (f<H-$12,500,000) coup, or re%
636 1877 l,000&c
OhicA Southw., Ist M.g. (g'd in cur. by C.K.I.&P.) 271 1869 100 &c.
Iowa South, it Missouri North. RE. stock
Chicago St. Paul <t Minneapolis— lut mort. gold
i72 1878 500 "&c.

—

,

Land grant income bonds

2d

do

1865

Consol. mort. (for $3,000,000), sink, ftmd 1 p. c.
Cln. Ham. & I, (.lunctiou) RE., 1st mort., guar...
Oinelnuali, Lafaiiette <t Chicago— 1st mort., gold
Consolidated mortgage
Cincinnati <£• Muskingiim Valley— Ist mortgage
Cin., Richmond it Ohic.—lst mort., guar. C. H. &D.
2d mortgage, guar, and owned by C. H. & D
Cin. Richmond <t Ft. IF.— 1st mort., gold, guar
Cincinnati, Sandnsky A Olcnetand—Stock
Preferred stock
Mortgage bonds, Sandusky, Dayton & Cincinnati
'.

do

Sandusky city

&

—

Oire., IFaft. t« Jltc/i— Ist

mortgage

'.

Cleveland, Columbus, Cincinnati c* Jjirf.—Stock
let mortgage (C, C. & C. RR.) $25,000 a year. .
do
(Bel. & Ind.) exch. for new mort.
do
C., C, C. & I. sinking fund
"^ Consol.
31. for $7,500,000 (sink, fund 1 perct.)
Chicago, Ijwa d, A'<»)'(Mia.— Leased in perpetuity
to Chic. cS; Northw., at 37>f per ct. of gross receipts.

Vhlc

(ft Lake ffuran. —This was
a consolidation
Pc'iinsnlir Railroad and Pun Huron
Lake
'J'o be sold in forcciofure under the seotional
S'lfteag"".
(V. 24. p. 275; V. 25, p. 90, 212, 288:
V. 88, p, 1)6)

of

&

llie

Micii.

.«J^*"'

* ^'''^-

^"^^ Sliore.~\n default since July,

\«r3. except on the $477,000.
Foreclosure pending.
(V. 24, p. 493; V. 28, p. <l9,i, E99.)

*

Chie. Mil.
St. Paul.— tii-t earnings \Ti7. $3,.5r4 I tiTO. f.1,100.847;
18r.'>,t3.085,.3S9. The earnings
were reduced in 1874 and I87.i bv the lower freight
rates impoced by the Wisconsin railroad law. The
law was niodilied, and wUh April. 187ri, higher rates
fiain took effect. Annual report for 1877 V. 26 p
64. The following is a comparison for three years
«r operations, and financial condition at the close of

«0;

year:

1871.

Miles

Stock

Debt

.

1876.

1,412

1,89!)

j!27,r8 1,744
29,».t4.500

$27,673,744
30.010,.'j00

387-';.
1

399

t27,(i73i744
27,159,(X)0

Earnings
8,114,894
8,054,171
8,S.'>5,743
ya. expenses.
Op.
4,.5j0,4.)3
4,9.5.3.321
5,I70,3.)4
Net
Net earnings.
8,674.460
3,100,847
8,085,889
Of coflsol. bonds of 1875 enough are reserved to
take np old debt. Dividends have been paid since
1869—on pref. stock— In 1878 7 cash, in 1877 AV.
cash, in 1S".6 14 per cent In bonds, and 3W per cent
In cash: in 1874 7 in bonds, 1873 7 cash, 1872 7, 1571
7, 1870 7 and 3 scrip; on common stock in 1871 7

.
.

..

1,000

100
1853
1865
1875
1873
1871
1874
1870
1866
1869
1871

60
60
98
56
56
148
36
36

90
188
138

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

50
50

Ind

do
Cincinnati, Sandusky & Cleve.
„.
Cincinnati <e Springfield 1st mortgage, guar

2d mortgage

1878

"60
60

Cinclnnali, Hamilton tt Daylon—Stoak
1st mortgage of 1853

Cent.

Payable

5

&

7

7
7
7
8

8
8
8

7

8.

3^
7
7

7
7
7
7

80
48
114
471
138
202
390
390

1866
1852
1867
1871
1872
1871

1,000
1,000
1,000

i860
1864
1869
1874

1,000
1,000
1,000

7
7
7
7
7

g.

3
3I2

7
7

7
7
7
7
7
7

7

h7g.
^7«-

7

3, .500,000

I'7g.

2,961,000

7

700,000
300.000
20,979,800
916,000

8
8
2

9,000,000
5,000,000
5,000,000
2,500,000
2,080,000
3,500,000
1,246,000
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

6

3.50,000

1,100,300
2,000,000
651,000
1,824,000
14,991,800
175,000
429,000
3,000,000
2.422,000

100
500

7-3

6
7
2
6

g.

<fc

7

g.

7

7
7
7 g.

M.'&N
F. & A
M. & S

3
6

7
7
7
7
7

A.
g.

395;

1870 3 cash and 7 scrip.
(V.24, p. 105 111
V. 25, p- 138,431; Y. 28, p. 117, S«4, 699; v!

S7, p. 172.)

J.
J.

P.
J.
J.

M.

7

g. J.

earnings.

Expenses
and taxes.

1877-73...
1876-77...
1875-76-..
1S74-75 ..

.

.

$13,.583,847

$6,';56,126

.

11,S77,.tO;)

6,517,680
7,408,857
7,981,694

.

.
.

12.773,711
12,707,126

Net
earnings.
$6,f-27,7S0
.5.329,819

.S861.8 3

4,7A'31

All other bonds, including those of proprietary roads,
may bi' absorbed hy the gold loan, and that amount
is reserved from the $48,000,000. Divid'nds have been
as follows: June, ;878, 3V on pre'., 3 on com.
Eaid
ec, 1877, 3»i onpi-ef.; Dec. 1876,2VJ on pref.; July,
1813. :1X on pref. : Dec 1872, HH on both; June, 1872,
.3X on pref.; Dec, 1871, 3J^on pref.; June, 1871, 5
or. both; Dec, 1870, 5 on both; June, '870, 2 on pref.;
Dec, 1869, 5 on pref., 4 on com.: June, 1889,
both; Dec, 18e8. Son both. (V- 25, n. 160,441, 5.32;
V. 2i>, p. 469. 674: V. 27, p. 140. 170.)
.

N. Y., U.
do

A,
D.

Chicago Rock Island

dk

Pac'/tc—In 1877-8 gross

ceiptswerc$7,8:W,870; net

dend payments

rereceipts, $3.511,3.58; divi-

c) $1,6:8,384; surplus for the
year, $665,617. Own* stock or la. 80. & Mo. N"rtli
and pays 2 per cent quarterly to Bock Island stockhiilders. making tlier quarterliT dividend actually
2!< per cent.

Keokuk

&

(8 p.

Controls Peori-i & Rock Island road
Des Moines RR. was leased Mav, 1878

(V. 25, p. 1 5, 230, 476; V.

623, 053.)'
Mi:nea}>olls.— The West Wis-

Ohicam * Nor/hwest.—TltB fiscal year ends with
May. The last annual report will be found in the
ChicagoS',. P.iul eft
CH«omci.E. V 27. p. 170. Tile net surplus of the consin RR. defaulted on interest due January
1
year on the Chic. & Northwest, lines proper, after 1875. Earnings, 1876, $842,528; opprating
expenses"
paying interest, was $.3, I47,2ti5, and on the whole $631,452: net earnings, $211,(J75. The
lana grant is
(nrstem, including proprietary roads, $2,464,487. about 1,000,000 acre:".
Sold
foreclosure March
The net deficit on proprietary roads was $682,688. 1878, and re-organized underin this
name, with se'.i6,

p. 574, 699,

Trust Co.

S.

N.
D.

Cine.

n &

Aug.

June, '75 to '84
do
Until 1899
do
May, 1899
do
York or London. June 1, 1914

do
do

J.

New

Ham.

591: V. 26.

(V. 24,

p. 543;

income

Daglon.—'Net

<ft

payment of

after
1.

V. 35, p.
in

1877-8

Defaulted on

interest.

guarantee in 1877.
p. 117,599,6*4.)

(V. 25,

p. 186, 569,

Cincinnali, Lofayelle eft CAica^.— Gross earnings
in 1876-7. $328,172, net, $116,159. (V. 20, p. 568.)

Cincinnati & Muskingutn VnUey. - Is leased for 99
years from 1873 to Pittsb., Cin.
St. Louis for net
earn'gs. but bon'led interest is guaranteed. Net earn-

&

$25.885— total loss to lessee, $79,114.
r. 19, 814.)

ings, 1877,
82, p.

Richmond

Cincinnati,

Ham.

eft

Chicaffo.-

{V.

Leased to Cin,,
Net
6a.)

& Dayton, which owns most of the stock.

income above

interest, 1875-6. $8,229. (V. 21, p.

Richmond

Cincinnati,

Grand Rapids
Co. (V.22, p.

dk

Fcrt irayne-— Leaped

to

for 99 years. Interest guaranteed by
Daj'ton, and by Pennsylvania

Ham. A
532; V.

Gr. Ban., Cln.

at, p.

Sandmky

5 03; V.

^7, p. 172.)

Cleveland.— \n tlie year
ending June 30, 1S7T, gross earnings were $635,420;
expenses, $530,677; net earnings. $121,743. DifficulCincinnati,

C'Aic Pet. cftSoirf/jio'n-— Receiver appointed June,
1877. Net earnings 1876-7, |58,841. (V. 85, p. 16.
818.)

Trust Co.

S.

do
do
Wabash, Indiana

J,
J.

$82,784
C.

Son

Cliicago eft Paducih.—Oiom earnings 1876-7, 8271,"
370; net, 8*)8 291. (V. 23, p. 427.)

N. Y., U.

O,

curities issued as above.
41, 115; V. 26, p. 436.)

as follows:

May

do
do
do
do
do
do
D, N. Y.. Union Trust Co

&
&
&
&
&
&
&
&
&

J.

3
7
7
7 or

1872
1, 1878
1, 1900
Sept. 1, 1877
Dec. 1, 1890
April 1, 1901
1902
July 1, 1891
Feb. 1, 1876

Boston, Office..

10s.

.

scrip.

M.
M.
M.

.1.

including the interest on their bonds.
Lands of
the company are 2,243,189 acres unsold. Operations
of the C. & N. W. proper, for four years, compare

Gross

Dividend.

W^hom.

Boston, by Treasurer. July 1, 1878
Boston, Merchants' B'k. July 1, 1888
A. New York, Park Bank. Aug. 15, 1892
N.
May, 1889
New York.
N.
May 1, 1900
do
S. Best., Treasurer's office.
Sept. 1889
J.
J.

&
&
&
&
&
July, 1890
J. & J.
do
do
Nov., 1891
M. & N.
do
do
Sept. 1, 1892
M. & a.
do
do
Jan., 1871
J. & J.
New Y'ork, Office.
Apl. 10, 1878
A. k O
do
do
July 1, 1905
J. & J,
do
do
1893
J. & J
do
do
1884
A. & O
do
do
1897
J. & J
do
do
1894
J. & J
do
do
1899
J. & J
do
do
1898
& A. New Y'ork, Office.
1898
& A.
do
do
1891
& J.
do
do
& J. London and New York. Jan., 1902
1902
J. & J.
New Y'ork, OlBce.
1903
do
do
J. & J.
Feb. 1896
F. & A. N.Y..Mil.&St.PaulRR.
J. & D. New York, Co.'s Office- Juno 27, 1878
June 27, 1878
do
do
J. & D.
Aug. 1, 1885
F. & A
do
do
Nov. 1, 1883
M. & N.
do
do
Aug. 1, 1885
P. & A
do
do
Aug. 1, 1885
do
F. & A
do
Aug. 1, 1885
F. & A.
do
do
-Feb. 1, 1882
F. & A.
do
do
Jan. 1, 1884
do
do
J. & J.
Sept. 1, 1898
do
do
M. &. S.
Jan., 1888
do
J. & J.
do
Feb. 1, 1915
Q.-F.
do
do
April 1, 1911
do
A. & O.
do
July 1, 1898
do
do
J. & J.
Jime 1, 1911
do
do
J. & D,
Dec. 1, 1902
do
J. & D
do
Jan. 1, 1887
do
do
J. & J.
Nov. 1, 1907
do
M. & N.
do
Dec. 1, 1916
do
do
J. & D.
Oct. 1, 1900
do
do
A. & O.
June 1, 1917
do
M. & S.
do
July
1, 1903
&
J.
J.
F. & A. N.Y., Farit-.L. &T,Co. Aug. 1, 1901
1891
A. & O.
Q.-F. New York, Co.'s Office. Aug. 1, 1878
Aug. 1, 1895
do
F. & A.
do
July 1, 1917
do
& J.
do
Nov., 1890
do
do
M. & N.
Aug. 1, 1878
do
Q.-F.
do
1918
New Y'ork.
J. & J.
1898
New Y^ork.
J. & J.
1873
April,
A. & O. N. Y., Winslow, L. & Co.
May 1, 1880
do
do
M. & N.
1885
20,
July
do
do
J.
J.
Oct., 1905
do
do
A. & O.
1903
Jan.,
do
do
J. & J.
Mch. 1901
M. & 8. N.Y., .I.S.Kennedy & Co.
Nov. 1, 1914
do
do
J. & J,
Jan., 1901
J. & J. New Y'ork, Moran Bros
July 1895
J. & J, N. Y., Winslow, L. it Co,
Jan. 1, 1889
do
do
J. & J.
1921
June,
J. & D. N. Y., Winslow, L. & Co,
F.

g.
g.

(?)

1,4.59
Chicago <f- A'or//tJccs/cm— Common stock
1,459
Preferred st'ck (7 p. c. y'rly, not cumulative)
193
Bonds, pref. (sink'g fund), 1st mort., Ciiic. to Osh.
Osh.
193
Interest bonds, funded coup., 2d m.. Chic, to
193
1st mort-, general, 3d mort., Cliic. to Oshkosh.
Appleton c-xten., 1st mort. on 23 miles and land
23
Green Bay exten., Ist mort. on 26 miles and laud
26
let mort.. Galena & Chicago Un. KR. extended.
248
Mississipiii River Bridge b'ds, lieu on net earnings
74
1st mort. (Peninsular RR.) on roads and lands.

—

iJonds— Prinol
INTEREST OR DIVIDENDS.
pal, when Due.
When Where Piiyable, and by Stocks— Last

Rate per

ties

about receiver in

proposed.

(V- 24,

468. .564; V.
p. 116, 141.)

dncinnati

<ft

first

mortgage,

byLakeSh.

and

fandiiig of coupons
363,

34li.

407, 430,

396,

510,

4i0.

443,

611; V. 26,

/S;)ri«i7/if«-— Leased in

to Ulev. Col. C.

on

1877,

p. 321.

p. 3.80,

25,

<£

&M.

&
S.

perpetuity
with guarantee of interest:
of interest is also auaranteed
(V. 2-3, p. 232)

I.,

h.ilf

Cincinnati, W<ibash tfc 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, 36?.)
Indianap.—
Cleveland, Columbus, Cincinnati
Annual report in V. 26, p. 281. Net earnings 1877,
invo.
(V. 21. p. 219
,778, agamst
against $',uz,'<j,
$702,917 in 1876.
»4^8,778,
,

&

320; V.

25, p.

510; V.

26, p.

287

.

Auoi'ST

..

RAILROAD STOCKS AND BONDS.

1878.]

31,

..

Subaerlbon will comOr a greX tmror by g'Tlug Inaiusillate
nKHfRIPTION.
Vorexvliuiatloii

ou Unit poKo of
Olffttaml
iHt

80
«7
«7

italuininfj V'liWey—Stock

<t

vxtomluci

iiiiirlifntfr,
liiiiidH

,

NIU'« A Ni'W IJHhon. iHt iiiortK^KC
CirveUiHit^ Mt. Vrriitm if- /V/.— iHt iiiortKHge,gold..
Ist iiiortffii!.'!'. Coliiiuliiiti Kxtoiiniuu
Incoiiio mnri:.'iij;o
Clrrehiiiil it: llll«lmrgh—QuaviUiU)eil
41 h inoiti.'Mi;i' (iiiiw Ist)

CoiisolM.Uod

225
100

—

iof

2d

it

iiii)rt;.'aj,'i'.

Ixiftim

& StraltaviUe

r„,,„n/—Stock

141

—

it

—

Vassuinpsic Stock
$1,500,000)

Notes, coupon
Ma.sKawlppi at'k. gn.ar. Rame div. as Conn. & Pass.
do
bonds, jniar. by Conn. & Pa.sfl
Connedicut rcM/ivtf— tst mortgage for .$100,000..
Connecticut Hirer Stock

'

—

".

.C

Daknt'xh Soitlliei-n—ls.t mortgage, conp.,

(ifia

Dancille, rilmua, lU'ton if: Pelcin—lat M..gold
Daiilon it Mieliifian— Com. stock (SJflguar. C.H.&D.j
Pi'eferred stock, (8 percent, guar. C. H. & D.)
1st mortgage, sinking fund, $30,000 per year

33
33
117
142
142
142
142
142

^<1

—Stock

s.

mortgages

2d mortgage
3d mortgage
Toledo depot (cost .$353,940) 1st and 2d mortgage
Dayton
IlVs/crx— lat M., guar. L. M. & C. & X
Vetiiteare liaitroad Stock
Extension mortgage
Mortgage iHinds. convertible, guar. I*. \V. & H
Delaware d: Hound l!rook—l»t mortgage
Delaware^ Lackawanna <£ Western Stock
2d mortgage (Delaware, Lackawanna & Western)
Mortgage on roads a ndequipm't (for $10,000,000)

'

—

Bonds (convertible June 1, 1875 to '77)
Lackawanna i Bloomsb., Ist mort. (extension)..
'2dmortgivgo
do
do

Denser ^ Boulder Valley — Mortgaire bond.s, coup..
Denver Paci/lc 1st mortgage, gold, laud grant.

—

Cleveland
lantic

A

<ft

—

—

first and second bonds.
was made on the $5,0(10, fiOO j^econds.
April 1, 1875, defaulted on Ut mort. The guarantee
of interest was absolute, but the Pennsylvania Itaii-

on
(f

$1.'>.82!.000 o(

efaull

rnad claims that the C. C. .t

I. ('.

Co. did not

fulfil

all its part.
Bondholders claim that no such failure
after bonds had been sold with the iruaranty coilld
5)rejudice tiieir rights.
The case was argued before
liutice Harlan of U. S. Circuil Court. Aug., 1S7'.
Interest on most of the old nrior bonds has been
ttkenuD. (V. 2.3, p. 40, 254, 547: V. 24, p. 157
420, 669; V. 25, p. 62, 113, 495; V. 26, p. 166, 389,

'

7
7
2

7
5

3.50,000

2,175,500

3>u
1

1,186,.500
1-23,000

7
7

400,000
400,000
202,500
2,100,000

1

6

1,000,000

7
6

i',6oo

996,000
803,500
594,000

1869
1871
1856
1867
1869

1865

1,000

50
500 Ac.

1,777,850
161,000

.500 Ac.

109,.500

100 Ac.
1,000
50
100 Ac.
1,000

81,800
558,000
600,000
500,000
2,000,000
2,395,350
1,286,100

50
50
1,000
1.000
1,000
500 Ac.
1,000

50
18.59

1875
1875

i.o'o'o

1856
1877
1872
1850
1858
1870
1869

500 Ac.

"50

100 Ac.
lOQ Ac
1,000
1,000

2%
8
8

6
7g.
1>2

7

7g.

1%

2

7
7
7
7

420,000
3.56.000

1,49.5,000
i",6'o'o

6
6

1,870,000

105,500
614,000
1,430,216
100,000
650,000
1,500,000
26,200,000
1.633,000

600,000
370,900
209,000
550,000
2,416,000

541;

V.

2B, p.

6

A7
3
6

6
7
21s

7
7
7

7
7

z^7g.

541.)

Conmnl
Portsmouth.— LKASKii to Concord RR.
at $25,000 per year.
Connfjilicut <f Pi^gumpHc. —AnnnH}
report tc
June. 1877. Hiiov;ed net earnings for year?2tl3'0.
against $240,, i.M in 18.5-6. The new' mortf, «"e of
$l,.5(iO COO will retire previouf issues. (V '23, p. 301,
M7: V. -..5, p.21 l.tal; V. 26, p. 167.1
Connecticut Cei.tial. Net earnings, 1876-7, (U',;i!<0.
(V. 22, p. aot).)
Cnneclicul. fiiwr.— Net earnings 1S76-7. S-.;0I,9.31,
against *217.780in I87.5-fi. (V.2:i.p.500; V.i!6,p.94.)
Connecticut Valuy. In default and surrendered
to State Treasurer as trustee for bondholders.
Net eaiuings. 187.1-7, J59,0I9, (V. 23. p. 40, 575,
622; V. '2.5. p. 61 6 ; V. '^e, p. 18, 40.)
Trenon,
6''-»n»;'inf7.— Loa-sed to Philadelphia
and operated by Pennsylvania; terms, 6 per cent on
$1 .278,.'J')fi stock, and interest on the honds.
Cum/tc: land ft Pennsylvania. Owned and oper
ated by Conso'iidation Coal Co, which guarantei-8
lid mortgage.
Stock $1..'«10,000. (V. 22. p. 41.').1
C^imJmiiind Valley.— The. stock Is owned in large
part by Pennsylvania Itailr.iad Co» Net earnings
Large advances have been made to
1877, *'2o-1,253.
branch roads. (V. 24. o. 135; V. 2ti, p. 4»;4.>
Dakot'iiL .vou/A«rn— The earnings of the road are
ri'Dorted at $207,000 in 18"7, and net t aruings $10!i,tH'O.
Second morti:, bonds for $6flO.00i) were cancelled and pref. stock issued. 8 fund is 4 p. c. in
'19 and 5 p. c. afterwards. (V. 55, p. 609; V.2«,p.334.)
nanhury <ft A'orma!*.- -Gross earnings, 1816-77,
earnings,
net
expenses,
$114,96'J;
$165,215;
$50,275. (V. i6,p. 141.)
-This
Danmllt, Vriiana,
oominglon <t

A

—

|

B

FMn.

A J,
A N,
J. A J.
J. A J.
F. A A.
P. A A.
P. A A.
M. A S.
P. A A.
;.— M.
»?•;A 8.
M. A N.
J. A J.
P. A A.
A. A O.

do

Various

do

M.

do
do
do

do
do
do
do
do

u

1877
1808
1006

1,
Sei>l.,

Jan.. 18tK)

1000

Jan.
Jan.
Jan.

1,
1.
1,

June
June

1,

IHOfl

1.

I80O

1(«01

1006
Sejit. 2, 1878
Jan.. 1802
Nov. 1, 190O
Jan. 1, 1013

Aug., 1«78
Oct. 1, 1897

July
Jan.

1,
1,

1880
1893

April , 1908
1893 to "OS
Nov., 1004
Dec., 1005
Feb., 1884
Dee., 1883

1886 10*90
Nov., 1904
Jan.,

1882

Feb.,

180O

N. Y., A. rselln A Co.
N. Y., Union Trust Co. Sept. 1, 1901
Au)f. I. 1905
New York.
June 9. 1878
Columbus Treasury.
N. Y., Am. Kxeh. N. B'k Sept. 1, 1890
Boston, Tower, G. A Co. May 1. 1878
Boston.
July 1. 1878
Aug. 1, 1878
Boston OIHce.
do
April 1. 1893
Various
Jan. 1, 1881
do

do

P,
J.

4

2.50,000

1,000

Aug.

H.

A
do
A
J. A
Boston, Bost.A Alb. RR,
M. A a. Boston, Globe Nat. B'k.
J. A J. N. Y., Am. Exch. N. Bk,
M. A 8,
Philadelphia.
M. A S. New York, Go.'s Office.
M. A N.
do
do
Q.-.T Phila. and Carlisle, Pa.
A. A O. PUila., T. A. Blddle A Co
A. A O.
do
do
A. A O.
do
do
P. A A
New York.
Q.— M. New York and Danbm-j'
J. A J New York, 84 Broadw'y
A. A O N. Y., Faim. L. A T. Co
A. A O Cincinnati. C. H.AD.Co,
Q.-J. N. Y.,Win8low,l,.ACo.
J. A J.
do
do
M. A S.
do
do
do
A. A O.
do
M. A 8.
do
do
J. A J. N. Y., Am. Exeh. N. B'k
Dover, Co.'s Office.
J. A J.
J. A J. Phila.,Girard Nat. Bank
J. A J. Phil., Fid'lity I.T.A.S.Co
Philadelphia.
P. A A.
Ne«''York Office,
q.-J.
M. A 8.
do
do
M. A 8.
do
do
J. A D.
do
do
M. A S.
do
do
A. A O.
do
do
M. A N. N.Y., Loud. A Frank ft.
M. A N. N. Y., Bk. of Commerce.
A.

500 Ac.

ei6-'72

25
22
106

7

1871

1874

(16

341,400
3,692,000
3,847,000
74,024
1,000,000
2,343,000
1,786,200
302,000
1,500,000

18.58

1866
1868

41
85
13
85

100

666,.500

A

A

&

100
1,000
'

27
195
115
288

24, p.

*

'74.

1869
1875

Dlvfaleud.

r.

J.

7
10
7
7
7

.574; V. 27. V. l'.', "W.)
^Coium'i'J)i (]!• 7(),'«/*?.- Gross earnings, '77, first vear
of operation, t:M0,S'S2; ne', 8119.602. (V. 26, p.3&0.)
Cfd'fm'ju.t f6 A'««tn.— This roadislea.sed to the Littl
Miami Co.. and both roads for 99 years to Pittsburg film. A St. Louis Co.; the lease is guaranteed
by Pennsylv Ilia Itailroad, and the terms are 8 per
cent on stock and interest on bonds.
Concord. —Net nxciots in 1877-C, $340,458. (V.

A

Cleveland, }fount Vernon
/tetowjfe.— Defaulted
July, 1874, and coupons due then and one-balf of
coupons from Jan. 1. 1875, to and including .July 1,
1877, were postponed to ,(an. 1, If«.5. and the remaining half to be p«id, but this failed July. 1877. and
negotiations are peming.
Gross earnings 1877,
$a88,8PB; expenses. t.W7,171; net. 881,^34. Interest
charge. $ii!l,!)83. (V. i2. p. 3.50; V. 21, p. 248.)
CtevtlarA Jk Pittsburgh.- -lxa.sfd to Pennsylvania
Railroad at 7 per cent on stock, hesiles expenses
And mterrst, and transferred to Pennsylvania Co.
In 1877 there was a net 1 etitil if J;2J7.111 to leasee.
(V. U, p. 63 ; V. 2ti, p. 67. 2ST.)
Wheeling.— Tia-a
(^evi/arnt. Tascarawaa Vailey
road was sold under a2d mortgage. Jitti. 27, 1H75, and
re-organized. Gross earnings. 1877, tl9i.48.3; net,
$181.52'. (V. 24. p. 6B3: V. 2ti, p. 289.)
CoUKrook-ifUe. Leased to Philadelphia
Reading.
No dividends paid on stock.
Colorado Crntral. Built mainly by Union Pacific,
which holds tlie bonds, g5,270,6!l3 in all. (V. M, p.
183; V. i6, p. (26.1
Ooliunlxu <t IloeHng ValUy.—Otom eamines,
M17. «8i8.-<'i9; net, li:r)7,7.M, against $3.S«.S8i in 1876.
(V. 24. p. 395 : V. 25, p. 90; V. 26. o 300.)
CY>'nm/m', Chicago <ft Indiana CenirrU— On Jan.
«, IHfiO.it wa» leased (amended Feb. 1. 18^".) hy
the Pittsburgh Cin.
St. Louts, guaranteed by
Penn. Railroad.
The amended lease guarante..d

Aug..

1873
1871

50
100
100
100 Ac.
100 Ac.

7

7

Sn

Mahoniti/f Val^ey-~-l» leased to At(V. 20, p. 85, 1:»; V. 2.1,

Great Western.

p. »ii, 40!.)

Interest

,50

61A64

<£•

—

1,000
1,000

1,000

38
38

fund...

and

775,000

500 Ac.

Wlium.

.1.

2,(>32,000

1871
1875

bond.5

Dunhnrif d Xonralk

1,000

5fi

2d mort^'agc, sinking fund guaranteed

1st, 2ti

1857

56
44
7
38
38
110
52
52

lnni-t::a:re.

Common

300,000
700,000
13,938,972
10,428,000

'

I'eninttjleania—lt<t moi-tirage.!
.sinking-fund, (^rnaranteed)
Ouinliertiiiiil l'«//(i/— .Stock ($-lSt,900 piclerred) ....
l8t mortsraifc

2d

584,000
1,272,000
2,011,600
1,.500,000

.531,500

110

Ist inort!.-a>rc (sinking' fund $205,621)
Con met if at Valtey—lsi moi'tgage
Vonneeiinji (Phila.) — 1st mortgage

.500,000

100

/(oii»/»— Principal, When IMie.
Hliifka Imtt

M.

|«-

1,350,000
950,000
660,000
11,243,736
1,104.844
2,700.000
1,336,000
2,180,000

1,000
1,000

Puy'ble

by

A N.
(Hoveland Odteo.
A A. N. y.. Ward, C. A Co.
A H.
7
J. A J. N.Y., Union Tni«t<!o.
J. A J. N. v., WInslow, I^ A Co.
do
do
?«•
M. A H.
do
do
1% Q.— M. N. Y.,F»nn. L. AT. Co.
6
J. A J.
do
do
7
M. A N.
do
do
7
J. A J.
do
do
7
Cleveland, Ohio.
6
J. A I).
Plilla., Co.'B OrBoo.
J. A I>. Bost<m, Trean.'H Office.
P. A A.
(Joluinhn*. Offloc.
7
A. A O. N. Y.,8t. Nloh.Nat. BTi
7
A J.
do
do
7
J. A J.
do
do
"7
A. AC.
7
Various
7
J. A J
7
A. A O
N. Y., A. Igeliu A Co.
7
F. A A.
do
do

$2,750,200
630,000

313,000
217,750
821,000

14fi

miirti:a>:e (for

Vnntbertan'l

500 Ac.

When Where Payable luid

Cent.

451,000

41

enaranteed

i'uWx/Moi((/»— Stock,

d-

1,000
1,000
1.000
1,000
100 Ac.
1,000

do
45
118
55
55

New

500 Ac.
50

587

—

C"iinecttrHt

INTKRKHT OK DIVIDKNIW.

.500 Ac.

1,000
1,000

of mar error dUoororod In Ikeae Tablao.

Ainonnt
OutHtondlng Rttto per

(>I

Income (Toledo, I^Oijan.Hport A Bnrlin>fton)
Oolnmbirtt, Sitrintjjicld it Cincinnati IkI luort..
Coliimhii.f ,1 Tiilrilo—lst mortgage, coupon, 8. t..
OolttmfiHS tC Xenia Stock
1st mortiiajre
(••inoird

$50
500 &o.
500 Ac,

1864
1865

102
107
102
72
224

.

do

Value.

1868

117
208
93

&

do

1807
1870
1872

89
588
5H8

M

par

50

13

Branoli

InrndH
OolHinhus. Vhinujixti Imlitina Cenlml—SUwk
let
(foiwcil.) ('(iliiinliiis, Chic. & Iiul. (Jentral ..
do Cliic. A (I't Ka.st. (Chic, to l,<>i;uti.sport). ..
do Col. it riid'poll,s (,'eiit. (Col. to Iiid'H & hi-.).
do Union .<: Lo^'ansp't (U'n (Mty to IyOf;anH|>'t)
do.
Tol I.o^'an.'<p't
Kiii-I.(I/OKtuis[>. to 111 line)
do Col. >t tnd. 1st ife '-M prof. (Col. to U'u City)
do CUin. .t Chic. Air Lincdtichni'd to I..OKanH.)
2d M. Col. A Inil'polls Cent. (Col. to I'nion City)
do Indiana Central (Indianapolis to Ohio line)
do Chle. .V (i't Kast. con.struc. (Chic, to Kloh'il)
do Columhus, Chieiijio & Ind. Central
uiort;iai.'<'

Income eon v.

1868
1870

18

78

89
76

lltKh'iafi I'liWej/—Stock
l»t uuirtt'iiK''. slnkdiK fluid buiulH

1st

r862
1867
1873

lt)U

$r>,0OO,0OO.

Coiisifnctiim
Clfreland, Tusrm'ttirns \ alley i£ Wbeetiny iHliii...
OoMtrrmkilitlf— 1st nuirl^jigo
Oolnniiln Ceiilriil—lnl iiKirtKHRB. iwuvrrtiWe

Columbus

1873
1876
1870
1870
1871
1875

35
145

.

utock

Kiiikliiit fiiiid iiiort. fcir
uihI (M|iiiiiiiu>iit IioiuIh

HIM or

I>ul«

Of
Rond. Bondii

tubluH.

Now

.

MIlOH
of

>noto«

iMiliimii IioiuIIiikh, &c.,

>>r

iiotlee

XtM

Aug.
July

1,
1,

1878

1889
1895
July 1, 1878
Sept. 1, 1878
Jan. 1, 1901
Oct.,

1900-'l-'2-'3-'4

March 1,1891
May 1, 1888
July 1, 1878
April 1. 1904
April 1. 1908
Jan.
Feb.

1,
1,

Star.,

1884
1894
1878

1880, '90. '92

1909
1878

April.
April,

July, 1878
July, 1881
Sept.,
Oct.,

1887
1888

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

July

2.

Jan.

1,

1878
1880

July 1. 1895
August, 1«05
July 20, 1876
March 1.1881

1007
June, 1892
March. 1885

Sept. 1,

April 13. 1880

Nov.

May

1,
1.

1900
1899

a part of the Indianapolis Bloomlnntcn & Weuero,
now in default. Sue I. B. & W.
Dayton A. Michigan.— Le:\eed in perpetuity to Cln.
Ham. & Dayton, which pays interest on bonds, and
guarantees dividends on stock, holding iiself
$1,398,100 of the ciimmon. (V. 21. p. C2 1
Dayton eft Weitfm. Leased to Little Miami, and
with that to Pittsb. Cin. A St. L. About $!»',000 of
old ext. mortg. bonds of 1881, are yet oat. which
will be retired shortly.
Z)«fu?(io«.— Leased by Phila. Wilmington A Baltimore for 6 per cent on stock and bonds, bm if .30
per cent of gross earninsrs does not pay that, the
balance is ehariri d annually to Del. RU. In l';77, 80
(V. i6,p. i4l.)
p. c. was $ir>,941.
Delaware <ft Bound Brook.— V.n of the rew ronte
between N. Y. and Phila. Gro s eatnincs 1877,
Floating debt. *S59,0S».
*2:«,46b; net. $1)7.044
(V. 12, p. -XIB, 257; V. i6, p. »I2.)

Delaware Lackawanna

<t

Weetem. —Operations

consist larffcly of coal mining and transportation.
No annual report Is made, cxcc:;t that required to
the Slate authorities of Pcnn. For 18~! the Income
account is given ihu>;

Net earninss from ransportation
Less loss in Coal department, Ac

$4,401,868
I,91-.'.(j«0

$*47a,lW

Balance of eandoEs

Interestouho ds...."

»a)I,M7

Rentals for 18?7

8,185,4t;J-.'1.887,ai9

$908.0»1
Loss for year '877
for $10,r00.000 i« to
take ap prior bonds with $«,f8',00O, and the
Bnex
babince for cish resources. The Morris
Railroad Is teased and some of Us bonds jruoranteed. (V. 24, p. 1 8 1 605; V. 25, p. 4S7; V. », p.

The mortgage anihorizcd

A

,

Denver

<ft

Boulder ra//<y.—Thli road

la

leased to

the Denver Pacific

/Mnver fa lAk;.— Land grant. 1,100,000 acre*. In
1876 gro«8 earnings were $381,145: net eamhiira,
tlS&.B87. Receiver ap|>o'.nted April, 18:8. (T. W.
p. ta, 476; V. M, p. S42. ««. 414. KM.)

..

.

RAILEOAD STOCKS AND BONDS.

zx

[Vol. XXVII.

Subscribers vrlU confer a great favor by girlas; Immediate notice of any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
When Due,
Miles Date Size, or
Amount lyjotj^ „pr When Where Payable, and by pal,
Stocks— last
of
Par
*^r explanation of column Ueadlngs, Ac, see note* of
Outstanding
I

I

Road. Bonds Value.

at the head of first page of tables.

Payable

**cSit^

I

WTiom.

Dividend.

1

Denver <* Sio Oramfe— 1st mort., gold, sink. fd..
Arkanstis Valley, 1st mortgage
Ce» Moineg <« Fori Dodge— 1st mortgage, coupon
Detroit. Laming <t North.— 1st mortgage
loula & Lausiug, Ist mort., coup., may be reg...
do
do
do
2d mortgage
Dtbroit it Milwaukee— Ist mortgage bonds
2d mortgage, April 28, 18.'56
1st funded coupons, Nov. 15, 1860
2d fuudert coupon.s, Nov. 13, 1863
Bonds of Juuo 30, 1 806 (conditional)

262
42
88
182
59
59
189

Dubwiiie d- Siota i7»tjA—Stock
Ist mortgage, Ist division
1st mortgage, 2d division (for $1,400,000)
Dubuqtte Southwestern Ist mort., pref., sink. fd.
1st mortgage, Oct. 1, 1863
Dunkirk, Allegh.Yalle}/ (£ FiUsburg—latmoTt., gold

143
100
43
55
55

Sterling (Oak. & Otta. KR.) Oct. 1, 1853, gold...
Dollar (Oak. & Otta, RR.) bonds, Oct, 1, 1853....
Ist mort. (Detroit & Poutiac RR.), April 1, 1851
3d niortgago (Detroit & Pontiac RR.), Feb. 1854.
2d mortgage, (Detroit & Pontiac RR.), Jan. 1853.
Bonds of St^pt. 1, 1860, (Limit $300,000)
Bonds tfe mortgage on Detroit real estate

90
90

2d mortgage
3d mortgage
Sast Broad 2'op.— 1st mortgage, registered

ilO

30
36
36
270
242
112
130

£ast Pennsylvania—Stoc^
1st mortgage
Vast. Tennessee, Virginia dt GeorgiaStodk
Ist mortgage sinking fund bonds
East Tcnu. & Georgia ($92,000 are endorsed)
Kaat Tennessee and Virginia (endorsed)
2d mortgage to U. S. Government

Baslern (Mass.)—Stock
Essex RR.lst mort. (extended for 20 years)
Old loans exchangeable (int. ceased Sept., '76)
Mortgage funding certitlcates
Baatem Shore, ( J/d.)— 1st mortgage, convertible
2d mortgage, convertible
Slmira Jeff. <t Canandaigna.— Stock
JUmira <£ WillUimsport Stock common
Preferred stock
Ist mortgage bonds
Income bonds, 999 years to run
trie <£• Pittsburg—Stock
1st mortgage, convertible into consolid. mort

39
39
47
75
75
75

"s'e

Land grant Ist mort. (id mort. B.ingor to Winn.).
Bangor & Piscataquis, Bangor loan, Ist mortg.
Ist m( rt.'.agc, sterling, on N. Brunswick road

58
49
91

.

<t Terrc Haute.— Ist m., Ev. & 111., s. f
1st mort., sinking fund (Evansvllle to Terre H,)..
Rockville e xtcnsion
Bvanrille, Terre Haute <t CTiic.— 1st mort., gold
2d mortgage, gold
Fitc/iburg Stock
Bonds, coupons ($4,000,000 authorized)...".".'..!!'.
ittint <t Fere Marqiietle—Stock
Consolidated mortgage, .sinking fund
Ist 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
0>nst ruction bonds
Holly, Wayne <k Monroe, Ist.mort., sinking fund
glushittg, Norlhshore<t Cent.— lUmott.(F\.&y.S.)
2d mortgage (Fl. & N. 8.)

BvansT.

51

109
23
55
55
189

—

«l;

p.

_Be»

V. 28, p. £99; V. 87, p. t7.)

Moines

*

1856

TCK)

1876
1860
1866

100 Ac,
100 &c.
100
50
50

1860
1863

1869
1869
1869
1867
1852
1854
1860
1870
1873

500
50
100 &c.
100 &c
i.o'o'o

500 Ac.
£200
1,000
1,000

500 &c.
1,000
1,000

65
58

10
100
100

&

1,000

1871
1869
1870
1872
1873
1870
1869
1871

I'.obo

500 &c.
500 &c.
500
1,600

500 Ac.
1,000

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

Coal Company's furnaces

(2),

A

M.

6
5

Boston,

Nov.
Nov.
Jan.

1900
1900
1904
Jan.
1907
Julyl, 1889
May 1, 1880
May 15, 1875
May 15, 1875
Mavlo, 1875
May 15, 1875
July 1, 1888
Nov. 15, 1873
Nov. 15, 1873
April 1, 1878
Feb. 15, 188S
Jan. 1, 1878
Sept., 1 1888
1,
1,
1,
1,

Various.
April 15, 1878

1883
1894
July, 1883
Oct., 1883
June, 1890
1, 1890
1. 1890
Julv 1, 1903
July 16, 1878
Mar. 1, 1888
April 1, 1876
Julv 1, 1900
1880 to 1888
May 1, 1888

Oct.
Oct.

'as,

1

Sept.

A N.
A J.
A J.
A. A O.
5
1% Q.-M.
7
J. A J.
A. A O.
7
7
J. A J.
A. A O.
7
A J.
6
6 g. M. A .S
6& 7 A. A O.
A J.
?« J.
J. A J.
M. A N.
7
7
F. A A.
7g. M. A N.
7 g. J. A J.
312
J. A J.
A. A O.
7
J.
J.

7

.1.

"h

m.'a'n. N.Y., Merch'nts'Ex.B'k.
M. A 8. N. Y., Mechan. Nat. B'k.
M. A N.
do
do
J. A J. Newark, N. J., Sav. Ins,
M. A 8.
New York.

H

10
10
10

A
A
A
A

8
8

J.
J.

7
7

M.
M.

7

!».

7
7

M.
J.
J.

8
8

A.

A
A
A
A
A

Mav, 1902
Sept.

1,

May

1,

July

1,

Sept.

do
Jan.
N.Y.,Mech., Nat. Bank. Jan.

J.
J.

N. N.Y., Chatham Nat. Bk.
N.
do
do

do
do

8.

N.

do
do

do

O.

1902
1903
1900
1889
Oct., 1891

Mar.

May

N. Y., St. Nich. Nat. B'k.
N. Y. Farm's. L. A T.Co.

J.
J.

May

1,

1,
1,
1,

1888
1888
1882
1887
1876
1901
1889

July
July

do

1,
1,
1,
1,

—

Eurcptm tt North American.
Defaulted la
1^75. Noticed f. r sale in forecUsure Aug. 31. 1878
(V. 24, p. 468; V. 25, p. 113; V. 86, p. 18. 142, 418; V.

with a rapacity of

20,000 tons pig iron annually.

East Pennsylvania.- lameA to Philadelphia
Reading. Dividends are 8 per cent per annum.

Boston and London.
Sept., 1906
GLrard Nat. B'k. Jan. 1, 1880
do
do
Apl. 1. 1886
Baltimore, N. Cent. RR. March, 1878
Phila., Penn. R. R. Co.
1878
M.'iy,
do
do
July, 1878
Phila., Penn. Trust Co. Jan. 1, 1880
Phila., Penn. R. R. Co.
Oct. 1, 28C2
N. Y., Union Trust Co. June 10, 1878
do
do
July 1, 1888
do
do
April 1, 1890
do
do
July 1, 1898
do
do
Oct. 1, 1890
Boston.
Jan. 1, 1889
New York and Boston. Mar. 1, 1899
Boston, Second N. Bank April 1, 1899
London.
July 1, 1897
N.Y.,Farm. L'anAT.Co. Jan. 1, 1887
do
do
Nov. 1, 1'887
do
do
Aug. 1, 1880
N.Y.,Farin.L'an A T.Co. May 1, 1900
do
do
Jan. 1, 1903
Boston Office.
July 1, 1878
do
April 1, 1894

1

J. iPhlla.,

O.

M.

21a
319

July 15, 1873
Sept. 15,1898

do

S.

A
A

J.

A.

291,700
92,300
2,193,000
745,000
1,000,000
2,000,000
814,000
1,980,000
281,000
611,000
125,500
775,000
325,000
5,000,000
500,000
3,298,200
3,242,000
2,058,000
386,500
100,000
75,000
47,405
1,000,000
800,000
400,000
1,000.000
200,000
300,000
1,500,000
500,000

1,000

'a" J.

J.

3ii!g. M.'

500,000
1,000,000
570,000
1,998,400

100

1872
1868
1868
1867

3
6

.500,000

1,000

J.
J.
J.

4

400,000
200,000
500,000

100

17
13

do
do Extension l8t mortgage
JPimda. Johnstown <t Oloverscille 1st mortgage
fort WTayne, Jackson d SaginaK— 1st mort., coup. .
2d mort. and equipment bonds, coupon

Denver dt Rio C7-and«.—Narrow-gnage road (three
•Bet). The whole Une as projected is 875 miles.
Bnilding In compc tiiion w.th Atchison Topeka &
oantH Fe. Defaulted cm coupons May, 1877. (V 54

50-'56

1874
283
283
190

!!!!
!!!!!!

—

495,900
1,968,274
3,019,000
802,400
147,000
190,000
4,997,600
194.400
760,038
12,522,338

1,000
1,0001,000

81H! 1862
811l! 1865
8112 1868

Equipment bonds
Swrop'n A N.A in.— Ist M., Bang'r to Winn.,Bang'r I'n

mortgage

1870

100

mortgiige, convertible

Ist

4,50,000

50
100 &c.
100

1858

N. N. Y., Rutten A Bonn,
& N.
do
do
& J.
New Yerk.
& J. Boston, Co.'s office,
7
& J.
do
8
do
M. & N.
8
do
do
M. & N. N. Y. ,M. K. Je8up,P. A Co.
7
M. & N.
8
do
do
7
J. & J.
do
do
M. & N.
do
7
do
6& 7 J. & J. New York A Detroit.
6g. M. & N. New York A London.
M. & N. N.Y.,M.K. Jesup.P.A Co.
7
A. & O.
7
do
do
F. & A.
do
do
8
J. & J.
7
do
do
M. A 8.
7
do
do
Various
10
Detroit office.
A. A O. N.Y.,M.K.Jesup,P. A Co.
3
J. A J.
7
do
do
J. A J.
do
7
do
J. A J. N.Y.,M.K.Jesup,P.ACo,
7
A. A O.
7
do
do
7g. J. A D. N.Y.,N.Y.Cont. AHud.
A. A O.
7
do
do
A. A O.
7
do
do
J. A J. Philadclp a, Co.'s Office.
7
3
J. A J. Phila., by P. A R. RR.
M. A 8. Phila., P. A R. office.
7
A. A O. N. Y., R. T. Wilson A Co.
3
7
J. & J. N.Y., Gallatin Nat'lB'k
6
J. A J. N. Y., R. T. WUson A Co
6
n. & N.
do
do

I'-

2,000,000
1,000,000
200,000
500,000
1,309,200

1856

Consolidated mortgage free of State tax

I.,

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

282

—

Central of L.

100
500
500 &c.
500

1863
1864
1863
1863
1870
1870
1870
1873

&

M.
M.

$5,400,000
1,040,000
2,200,000
1,897,000
770,000
81,000
2,500,000
1,000,000
628,525
377,115
1,702,519
150,866
51,000
150,000
250,000
100,000
110,000
103,266
5,000,000
296,000
586,000
81,500

,

Various

—

2d

187C $500&c.
lb70
1,000
1874
1,000
1877 500 &c.
1869
1,000
1870
1,000
1855 250 &c.
1856 500 &c.
1860 Various
1863 Various
1866 500 &c.
1853 100 &e.
1853 500 &c.
1851
1,000
1854
1,000
1853
1,000
1866
1,000

A

27, p. 148.)

EvansviUe

it

Terre Haute

&

—This was ihe Evans-

East Tennessee Virginia it 0«>ryta. — Leases
Des Moines Valley, reorganized after f,ireclosQre
Of the bond", tl,lui,(X)0 are income?. Coouoas of Memphis & Charleston Railroad for its own account
and risk, paying over net earnings. Gross earnJiin., 18", were funded.
(V. i\,

ville
Crawfordsville.
Common erock is $1,0«),3in: preferred, $100,000.
Net earnings 1877,
$145,711. The company paid 2)< per cent mvidena

Detroit Lansing <t North.—T^e old road was
Mid
foieclosure Deocaibir 14. 1816, and new
TOmoaiiy organized by bondholders, who issued
»1 ,874.600 common rtock and J3,5(,'4,00u pref. s'ork

fvansnille, Tirre Haute <* Chxcago.-Gtots earnings, 1876-7, $2(13,371 ; net, $70,923. (V. 21, p. 136.)

Fort Dodge.— Ttcf

is

part of the

p. 488.)

m

NM^arnmKS

1677, J28!J,946.

2 08.)

^.

(V. 83, p. S'JH;

V.

26,

Detroit dk Milwaukee.— TXila road was operated by
the Great Western of Canndn. but defaulted in '.873
and is now in process of fore' losure and lobe re-oryanized; see V. 2ti, p. 2:i2. The Detroit & Pontiac
interest has been paid. In 1877 gross earnings were

»9B.5.12v: net. »134.:w^.
iV. 25, p. 334, 381:
p. 117. mi, -44%, 3«7, 391, J19, 574, 599: V. 27
40, 67. Y7i.)

V

D

:16

afterwards.

:

25, p.

40H.)

V

is'

In ISie gross

(Ifoiw.).— Company embarrassed 1875.
to fund the old issues
of del t, bearing 314 per cent fur three years, 4 per
cent for three years, and 6 for balance of teim
In
1876-77 net earnings were $799,817, against $68.3,694
I>i5-6. The Eastern in N. 11., a separate corporation. Is leased; see V. 25, p. 40. (V. 25,
'
618; V. 26, p. 548; V. 87, p. 15.)

DvbuqueSa'ith'jiest'rn—YstXcy to Cedar Rapids, la.
eaiiiings, 1S7T, $105,818; expenses, 897,215.

Flint

Elmiri Jeff
Canandaigua.—Or\B\na.\U leased
to the New York
Ene Railroad Co. and f.per.ted
it unti; May I, 18G6, when the lease
was transf. rred to
the Northern Central Railway Co
It

L.

Elmira

26, p. kB4, 453.)

em
Dunkirk AUegh.
dation, Dec.

held by

I,

-A

Yattey Jt FUtsburg.
consoli1878.
Road leased and bonds mostly

New York

Central

interest as rental.

A

Hudson, which pays

Rent amounts

North

Btsl Bread

T"!)?.— Mainly a coal

road, carrying
line of road are SockUU Iron

debt.

Net earnings,

.

1876,

$190,898.

(V 20 p

Pere Marq%utte.—iiTom

eaminirs

1877,

KK.

There

A

1* Central.— ^o-v teased to
are, in addition to above, $125,000

<fi

OUnersville.- -Net

eaminga

1875-s. $36,161.

Erie * PUtshurii.—Ut&feii in perpetuity to
the
Pennsylvania Railroad and transferred to Penn Co
the terms guarantee 7 per cent per annum on
stock

and

tfc

Fonda, Johnstown

to 8165 ' 000

•

wtamiDoua coal. On

45«.)

Flushing RR. 78: $!49,o00 North Shore 78;
and j^93,OI)0 Whitestone A Westchester 7s.
Company embarrassed, Sept., 1877. (V. 35, p. 331. 4:)8;
V. i6, p 469.)

by

<t WUUamsjx>rt.—l,eiiisiid. in 1863 to

Central for 999 years.

per year.

I.

N. Y.

-OrOM
<V.

V. 25, p.

Flushing, Xorthshore

&

has tince been operated.

499;

1876.

Eastern aaore.— Formerly leased, but now operated on own acconnt since December. 1869.
BUI
filed for foreclosure.
(V. 82, p. 397; V. 27, p. t5.)

which

(V. 33, p.

$997,965; net earnings. $416,679, against $:i66.0r4 in
The lands are in live trusts: sales in 1877. 8.508
acres, for $93,981; total net sales to Jan. 1, ISTO,
W\1li acres, for $8,217.4:36: lands yet unsold,
3:15.779 acres.
Coupons on consol. bonds pnsed
Nov., 1875, and part were funded. (V. 24, p. 897;
V. 26, p. 41 5,548.)

590

A

187.S.

391, 548.)

m

by

June,

ftVcAiMr?.— Leases Vt.A Mass. Net income. 1876-7,
above rental and intere?t. $2-6,75'l. Notes outstanding Sept. 30, 1877, were $863,000. (V. 26, p. 94, 117,

Easlem

A general mortgage was made

86

Dvbuqve it Sioux CTiy.— Leased to Illinois Central, in 1867, for 20 years, at 35 per cent of gross eain-

Migs first UfH years, and
«amings were t97d,i79.

ings year endin- June 30, 1877, were $1,010,079: expenses, $668,92:1, and net earnings, $341,156. See
annual report in V. S5, p. 406. (V. 23. p. 402

/
/

Fort Wayne, .Tackeon d- Saginaw.— Tr&f&c gnarantee 40 per c nt from .Mich, Cent. Interest was paid in
1871 of #65,CX)0, coupon due Jan., 18i7, on l«t mort.,
and f 5,000 at tblrd payment of $10 on 2d mort.
coupon of Oct.. 11:7.5. Gross earnings, 1877, $254,324; net, $109,669. (V. 86, p. 2«4.i

I

9

. ..

AnouBTSl,

-

I

RAILROAD STOCKS AND BOND?.

1878.]

xxi

Sabaorlbora will eoufbr a Brsat fkror br Klvlnc linmedlale notlee ol aujr error dUeoTarad la (haaa Taklaa.

DESCRIPTION.

Miles

Size,

of
Foroxplaniittnii of roluinii boa<tiii^R, Ac, see notes
Roud.
at tho head t>f llrnt pu^o i»f tables.

— l8tmort.,gold...

100

1869

101)

(

2(1

1S71
1H71
1873

.ytttnrietC

Oineinnati

f,oir<//— iBt iiiurtKaKO boml«
Oairfntofi, ttttrrhh.if- S.Anlonio Ist rnort, gold.l.gr.
aalriKtdii. IlDitxIon if llrittl. o/ 1H71— iBt luort
GenfVft. Ithfica »f .V((//iy— 1st inort., s. f., gold
Qtoryia ItiiilnHid if linnking Co.—Stock

Framini/hdin

—

215
80
35
232

Boudx, not lUortKagc
do
do
Grand Uapids tt Indiana Stook
Ist iiiorf., land Knvnt, (,'old (ffuiir. by Pa. RR)
Ist luort.. ttolil. ($2. lii!l.(K)0 arc land trruit)

—

$1,000
1,000

$1,800,000

500,000
4,200,000
1,493,000
600,000
4,200,000

I'.mK)

1872
1870

1,000

100 Ac
100
500

1877

1,000

332
332
333

1860
1869
1875

l.OOO
1,000
1,000

£25
£100

1,390

New

Block for ilO.OOO.OOO
Dolicnturo stock for i;H,000,000 (act of 1874)....

1873
1875

do

ou

all rolling

do

2d

do
conv

.

bonds, coupon

bonds exennnged for bonds due 76,

'77, '78.

Barrisb,, PortsuCth, Mi. Joy i£ Lanc.—StOGyt.
Ist mortgage
Bart/., I'rov. <t FishkiU Ist m. (U. I.) (reiiewe<l)
1st mort. (Conn.) (renewed)

—

143
296

ioo
100
1853-7

15
53
54
54

mortgage
2d mort. bonds of 1869
Equiioncnt bonds of 1873
Bouslon it Tejras Cent.— Ist M., (main) gold, l.gr.,8.f
1st mort., West div. (Hempstead to Austin)
1st JI., gold. Waco & N'wcst (Brcmoiul to Waco)
Coneol. u;oi"t., ». gr. jcoupon, but may bo reg'd)
Income and indemnity bands
Huntingdon <£ liroad Top Ist mort., gold
2d mortgage, gold
3d mortgage .consolidated
Scrip for past due coupons
Illinois Cen (ni/—Stock
Redemption, 1st and 2d series

186'7

A.

Various. F.

J.

A

1910

Ijondon.

sACo

July 1, 1902
July 1, 18»0
J Auguslu.Ua., RU. Bauk. July 15, 1878
J.
do
yearly to 1890
do
J.
do
July 1, 1897
do
J. N. y., F. P., la
J. N. Y., Metrop.

AO
A S

Nat. B'k,

U A Co.

N. Y., Winslow,

do
do

1899
1899
1900

do
do

April,
Jan.,

1877
1920

Porpetnal.
IrredeemabiA,
Irredeemable.
Irredeemable.

1878
1878

April,
April.

Perpetual.

Dec, 1890
1880-82
1881 to 1S86

do

Oct.,

Office,

do

do

Y., B'k.

No. America,

8

10
6
7

500
100
500 &c.

1864
1875
1874
1875
1877
1869
1870
1872
1876
1876

184
184
90
151
179

£200
£200
£200
1,000
1,000
1,000
1,000
1,000
1,000

7

Fundtd intere.st bonds, oom>on
Equipment bonds, registered
20
20

do

6
7
J.
J.
J.

g.

A.

8

J,
J.
J.

do
do

1883
1, 1891
1, 1891
1, 1903
Oct. 1, 1912

Bank

July
July
July

do
do

O. N. Y., J. J. Cisco

1,
1,
1,
1,

July 15, 1878
1885
1889

do

N. Y., Nat'l. City

7g. a.a'o.
?«• F. A A.
A.

6&7
3

F.

6

A.
A.
A.

tl
%'

J.
J.

A.

I'l^-

J.
J.

A.

2.fi07,(KX)

J.

5,587,150
1,419,400
1,600,000
2,800,000
1,767,000
446,300
353,000
500,000
1,497,000

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

A
A
A
A

1892
1886
1878
1883
1880
1880

Jan.,
Jan.,

July
July
Jan.
Jan.

A Son.

7

1,383,000
97,907
29,000,000
2,500,000
2,500,000
4,598,000
1,000,000
1,600,000
3,000,000
1,.500,000
5,500,000
38,000

50
100
500 &.C.

1875
1858
1867
1869
1873
1873
1862
1867

18*1-1887
Mar.. 1885
Jan. 1, 1888

.1.

"2

416,000
367,500

1,000

Aug., 1870

A S.I
do
do
J. A J. N. Y., Farm. L. A T. Co.
F. A A N. Y., B'k. No. America.
J. A J.
do
do
Pbila., Co.'s Office.
J. A J
A J
do
do
J. A J. Hartford, Am. Nat. B'k
do
J. A J
do
Bridgeport A Boston.
(}'.-J.
F. A A. Bridgeport and Boston.
M.

7

7

A J.N.

J.

8

8'2O,0O0

'500

1854
1857
1865

112
202
202
217
83

cxt. to '92)

do

Columbia, Co.'s

6

l,359,.50O

Mortgage, sterling

mortgage

J.

A O. London, at Co.'s Office,
A J.
do
do
A A,
do
do
A J.
do
do
A J.
do
do
A J.
do
do
A O. London A Montreal,
A O.
do
do
A J. London Joint Stock B'k.
A D.
do
do

7

1.180,000
100,000
300,000
150,000
6,227,000
2,305,000
940,000
3,292,000

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

7d7

do

6
7
7

7.

ISOO
1873
1866
1870
1873
1872

Morfijage bimds, sterling
Sterling bonds, (sinking fund £20,0()0 yearly)...

2d mortgage

J.

700,000
481,000
1,,574 ,000

....

Ind., Bloom., & W., Extension, Ist mort., gold.
Indian-pnlis Dec. d- Spr.—Ut M., gld (for $1,800,000)
2d mort., (income bonds only till July, 1881)
Indianapolis, Cincinnati it Lafayette—^toc^
Preferrixl stock (issued for funded debt bonds)...
Indianapolis & Cincinnati of 1858
Indianapolis, Cincinnati & Lafayette

A.
A.

5

566&C
100
100

"58
58
58

—

2'a

,5-lli

3ifl

....

343
118
47
461

I. C. bonds, coup. ($2,000,000) M. onCli.*Sp.RR
Indianapolis, Bloomingion i£ West, Ist mort., gold.

g.

1,182,5.50

1876

,

—

J.
J.
J.

S g

4

50
1833

96
120
120
74

. .

2d M., guar. ($1,000,000 due '77

i',6oo

26>a 1876

.

1st

do

500,0(M)

500.000
1,200.000

9,168.700
5,083,024
3,000.000
4,000.000
300,000
500.000
1,200,000

1,000

1870
1878

Preferred stock

do

April, 1896
April 1, 1891

1876

I

Sio\tsato)i ic—Stock

Ind., 1st

H.

Host.

1889

Oct.,

Office.

do
Boston.

2,.''.«0.0(M)

(

&

516,000

Bostou,

A.

i'j

3,.'')49,000

2.327,808
7,160.910
495%
£20ia £6,037,991
350
505,753
£100
350 '58-'78
2,165,830
145 1871-2 «100
1,000.000
1877
500,000
i43
1,413,071
Various
632,237

—

Cin.

&
A
*
A
A
A

"7' If. J.
A.

3,2 IH. 11

do

Orff»fiWc<f(V)/H/M6ia— 1st mort., guar.by State . ..
Bonds not gnarantei^d
New mortgage (for $2,500,000)
Sannibal it St. Joseiili Common stock
Preferred stock < p. o. yearly, not cumulative)...
Missouri State loan
Bonds 1870, convertible
B'ds ($1,000,000) secured by $2,500,000 I'd notes
Ist mortgage (Ouincy & Palmvra RR).
"•
"
~
1st
uiortgitgo (Kansivs
(Ka
City
&" Cam.
RR.)

do

ac

7,50(),0<)0

do

Debentures
Slioil

<fc

Bti,rk»-\AtX
Dividend.

£3,'IX(i.7M7

stock

Great Wculern {Canada)—Common »tacV.
Preferred 5 per cent, convertible into common.

New

pal.

3,1 11, .500

'Jd

do
do

6

O
O.
O

dc

J.
J.
J.
J.
J.

I'7

522,.%00

Postal bonds. &<!., secured by gov't business
Ist pref. bonds, conv. Into Ist prcf. stock

2d
3d

7

399,000
2,800,000
4,000,000

Canadian dobcuturcH
£(iuil>nient mort., Ist

A.
A.
A.
F.

B00,00«)

33'2

Income nioititaKo honils, for .$10,000,1)00
Qrand I'runk (t'ljim/Zii)— OMisolidatcd stook

Am<<«— Prinel'
When Dn*.

INTEREST OR DIVIDEMDH.

Amount

P*' *'"'" Wliere Paynble, and by
Ouutandlng
" '^l"
Value.
Cent.
Payable
wliom.

2il iiMirt^ii^o

Fori Wa\f»r,

or

Par

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

Oct.

Pliiladeipliia, Office.

do
do
do

O.

A.

do
do
do

N. Y., Co.'s

Feb.

J.

New York.

1905
1898
1909
1890
1912
Jan. 1, 1906
July 1, 1906

J.
J.

do
do

0. Nevr York, Co.'s Office.

do

J.

do

April,
Feb.,

A.
V.

7
7
10
7
7

1.
1,

Oct.,
Oct.,

AO. N. Y., Amer. Ex. Bank.
do
do
A A.
do
do
J. A D.
do
M A 8.
do
M A 8.
do
do
do
do
J. A D.
J. A J. New York and Boston.

7
7

AprUl, 1903
Dec.
Jan.

N. Y., Co.'s Office.

0.

1878

April 1, 1890
April 1, 1893

do

do

1:895

Sept. 2.

Office.

0.
N. Y., Co.'s Office.
Loudon.
0.
0. London.Morton R.A Co.
I).

1890

1,
1,

AprUl, 1895

1888
1897

June, 1899
8ept.'78,'80,'83
Sept. 1, 1883

Dec, 1892

I
1

Jan. '82, '87, '92

I

Fori WayM,
appointed November,

ilujuAt

A

1874.

CTncinnart.— Receiver
(V. 83, p. 396.)

Framinrjham
ton

<t Lowell. -Leased to Boston. ClinFitclibnrg; has also t'i'iO.OOO 8 per cent notwS
in 1S8J-3
(V. 36. p. 16«.)

A

due

—

Gross
Galveston, ffarrisbttrtr it San Ant/H'io.
expenses. $S60,J04 ; net
Irt'". $l.05J,568;
eamingf . tfi9i..'J63. A sinkii g fund of 1 per cent
begins in 18S0. The company has Iti sections of
land per mile. (V.2i>, p. 306.)
earnings

A

/Tendermn.—'Set
Galveston, Ho^tston
(V. 24. p. 135, 181.)

earnings

1876. $309,410.

Oeneea, Ithaca

it-,

.Soyre.— Sold Sept.

1878,

3,

re-org?.nized, this rao:t. being the old I.
(See V. a), p. aV), .lOi, 4S1; V. ii, p. 110.)

&

and

A. mort.

1876-7.

1875-8.
.

.

tl,l!M,3*»

Granil
1877,
1876.

24, p.

Rapids

it

$l,o:)7.1i'7; net,

400,

18TT

8.

468, 493; V. 25, p. 90;

/nrfiona.— Gross
8.348,745, against

earnings

$316,51)7 in

Un^uflrantet'd bonds are secured by the
the ijnaranteed on the land grant.
" Ex. Ljoid Grant Bonds" to the amount of $1,080,000 were a part of the original $4,0IX),(!00 nnguaranteed bonds; they were redeemed and aro no longer a
lien on the land, though still a
^r gage on the road.
Since Dec, 1875. 1st mortgage bonds rt-d'-emed by
sinkln:? fund are rep accd by income bonds issutd
to Continental Improvement Co. The Penn. railroad virtually buys the coupons paid by It, and
holds them
(V. 24, p. ««<; V. 25, p. SU; V. IM,

same mortgaee as

m

p. 95,

IS-J,

2.39,

443,

54:^, 61:5.)

Great Western (^Canada).— The above flgtres are
given In pounds sterling. Company operates several
roads in Canada, amounting to 3 3 miles, and the
Det. & MiUv., 189 miles. For the half year ending
Jan. 31, 1878, th» gross receipts were £467,'.S7;

working exiienses, £.317,604: net earointrs. £149,63.).
(V. S5, p. 113, 186, 617; V. 26, p. 265, 443, 574; V.
27, p. 94.1

S

CW«m*j<i.—This company defaulted
Net earnits bondholders.
(V. 22, p. 110; V. 26, p. 547.)
nannibal tfc St. .rosep/i.— The company has ahout
$2,500,(.00in land notes, and about I(X),Oi)0 acres yet
unsold. In 1877 gross eaminu's were $l,931.:Mi3; net,
The bonds
Interest chirge, $8SO.0O0.
$79:1,4:8.
secured on land notes have a sinktnz fund of $-3.'j,OOo
(ireenville

but compromised with

$1,013,71-2

$1,14.3,1-2,S

611,677
613,110
'li:,',0')
Operafg expenses.
500,017
552,646
286,012
Set earnings
In Kay, 1875, this company, with the Central Ge'>rgia,
purchased at foreclosure sale the Western Railroad

of Atabama. (V.
V.26, p. 468.)

ster'ing.
Net earnings in half year
ending Jan. 1. 1878, £23^,441. Interest, rent ds, Ac,
£190,190. (V.a4,p.396. 407; V. '«. p. 450, 510,
618; V. 26, p. 265, 443; V. 27, p. 95, 148.)

pounds

ings 1877, $180,614.

Georgia Railroad <t Banking Company —The annoal report for the last flscal year, ending April 1,
UTO, was published in V. 26, p. 468. A comparative
statement for tliroc years was as follows:
Tot. gr. camg's.

Grand Trunk ( Conadn).— The above figures represent

r

^.
.

(V. 25,

year.

26, p. 243.

p. 162, 186,

390,

217, 381, 407. 43i, 592;

625.)

riarristiurg Fortsm. Ml..Toy .f iari'JiMt^.- Leased
owns a majority of the stock.
to Penn
, which

KR

Hartford, Providence A F^hklU.—Tbi» road forms
a part of the proiwsed Mne of the N. Y. & New
England Railroad. Gross earninss 1876-7, $89r.M4;
net, $315,938.

{V. 2J, p. 87,

304; V.

24, p. 1

66; V.

37. p. 16, 172.)

232;

V. 24, p.

274.)

Texax Central.—Otosa earnings for ten
months ending Feb., 1878. were $i,.350.4l2; net,

Bomlon

A,

Company owns

land
5.240,000 acres
and consol. mortgages, and other lands
and lots against income bonds. (V. 85, p. 857; V.

$<)3I,7!»7.
against first

36, p. 40, syii,

$15,000,000. The Company has become interested
in the purchase of the N. O. Jack. H. Gt. North, on
in the
foreclosure, and has a similar interest

MissU-sippi

mortgage.

under

lease,

under consolidated
sold
Central,
,luly, 1877. took the Chic. * Spring,
ard issued the bonds secured on that

In

road. The annnal reoort for 1877 (V. 28, p. 164) gives
causes for decrease in earnings, prospects, Ac. The
following is a comparison fot four years:

Net

Gross
Year.
1877
1876
1875

$6,6i9,845
7,040.989

7,802,M«

7,900,721
1874
(V. 24, p. Ill, 1 !t «, l.'i8,

.3:14.1

BuntlngdoH

±

Broad Tap.

-

OaplUl stock

Is $8,-

Interest,

Ac.

Earnings.

Eaminirs.

$2,546,561
$5eS,M0
616,794
2,144,776
861.098
2 670,081
418,810
2,775,302
368, 444, 5:8; V. 28, p. 4»,

V. 26, p. 104. 548, 574.1
W«»f«m— Default was
Indianapolis, Bloominaton
first made J nly.-1874. and decree of foreclosure made
In .May, 18T7. Receiver's certificates issued to considerable aiiount. 'iho Danville, Urbana, BloomNet earnings
ington * Pekin is part of this road.
of main line in 88-7, $319,5t7. Wettem extension
di licit ou operations. M.-),10<1. (V. 25, p. 62, I18, 357,
4.18;

*

407. 511; V. 26, p. 67,
41, 148, 172, 199.)

190,

tn/tianajKlis, Cincinnati

nbiwatonic— Lease' Berkshire Railroad, Stock
bridge & Pittsliold, and West. Stockhriduc. Gross
earnings in 1ST8-7 were *.5'.9,407; net, $164,630. (V.
2J, p.

Gross earnings in 1876 were $270,441; net.
Interest passed on 3d mortgage bonds.
(V. 22, p. 206; V. 24, p. 36».)
Illinois Central.— The general mortg. of 1874 provides for all bonds outstnndlng. It Is limited to
053,800.
$143,815.

4'20,

<*

470,

M8; V.

^

t7. p.

, ,
„
Lqfayelle.—The com-

pany defaulted .Inly. H78, and M r.

Ingalls, President,
Gross earnings 1878-7,
wa:i appointed receiver.
S1.311.2(W; expenses, $775,428; net earnings, $636,(V. 24. p. 181, 273; V. 26, p. 18i, 380; V.
783.
38, p. 266, 625; V. 37. p. 172.)

Tndianapotis, Decatur <t StarinffWrf—This embraces the former Indiana A Illinois Central. The
second mortiaco Is issued to holders of old I. I.O.
firsts, and till July. 1S8I. Interest is payable oat of
Gross earnings,
net earnings only, if sulScient
1078-7, $101,105; net, $17,714). (V. 25, p. 511.)

A

:

.

RAILROAD STOCKS AND BONDS

riu
Sabscrlbnrs

avIII

confer a great (avor by glring Imniedlats notice of any error discovered In these Tables.

DESCRIPTION'.

For

Miles Date
of
of
explanation of eoUiinn UcadinRs, &e., see notes
Koad. Bonds
at the bead of llist page of tables.

Indianapolis <f SI Louis— Ut mort., iu 3 series
2d nioitgage
Eqnipnient bonds
Indumapolis <t riHcen»i«<-l8t mortgage, guar......
2d mortgaKO, ftnaianteed
International d- Great Xorlhern—Ctmsol. stock
International, 1st moitKaRe, gold
Houston i Great Sorthcrii ,: li'uiortgage, gold...

117
117
519
204
255
204
255

Value.

$1,000
J. 000

1,000
500 &c.
1,000

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

1871
1872
1874
1874

184
250

TeWerson ( Pa.)— 1st & 2d niorte. (Hawley Branch!..
1st mortgage (Susquehanna to Carbcuulale)
Jeffersonville, Madison d Indianapolis Stock
Indianapolis & Madison, 1st mortgage
Jeff., Mad. & lud., Ist M. (s. f. $15,000 per year).

9
38

—

1869
1870
1867
1869

86
159
159
44

2d mortgage
JoUet d Xorlhem Indiana— 1st mort., guar t)y M. C.
Junction, Ph iladelphia— 1st mortgage
2d morttrage
Kansas City, St. Josephd Council lllu (fs—Stocli
Ist mortgage. Council Bluffs »fe St Joseph
Kansas City, St. Jo. <k C. Bl., mortgage
income 'jonds, reg.
do
do
Kansas jPaci/Jc—Stock
Ist mort., gold, coup., on 140 miles west Mo. Riv.
1st mort., gold, 140tU to 393d mile
2d mort (to U. 8. Gov.) on 394ni. west Mo. River.

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

100
1866
1877
1877

1,000

100 &e.
100
100

673
140 1865
1,000
253 1866
1,000
394 1865-7
245 1869
i',6bo
34 1866
1.000
.=.0 Ac.
427 1866
1870 2.50 &c.
1,000
1871
1876
3312 1873
I'obo
99 1853
1,000
99 1855
1.000
162 lg74
lOO&c.
1874 100 &c.

1st M., 394tli to eSittU mile, I'd gr., 3,000,000 ac's
Ist mort., coup., (Leavenworth Branch)
Incouie bonds, coupon, 3d niortgagc on 427 miles.
1st land b'ds, cp, or reg., gold, on 2,000,000 acres
do
2d land mort., do
do
Consol. funding mortgage
June. C. & Fort K., Ist mort., gold, land gr., guar
Kentucky Central 2d mortgage

—

3d mortgage

Keokuk d Des Moines— 1st mortgage
Funded iritercst bonds
Knox d Lincoln— 1st mort f^a^e

49

morttiAKe

100
500 &c.

69-'72

82
37
1181

1871
1871

Consol. 1st mort., (siuk. fund, 1 per cent) coupon.
do
do
do
registered
2d mortgage, do. (for $2.5,000,000) coup, and reg.
Income bonds, coupon or re;nstered
Mortgage bonds of Oct., 1869, sinking fund
Ist nfortgagc, sinking fund. M. 8. & N. I
2d mortgage (C, P. it A. EB.) registered bonds..

864
864
864

1870
1870
1873
1872
1869

3d mortgage
do
Lake sh(iredividend bonds, April, ISGO
1st mortgage (C. & Tol. KR.) sinking fund
2d mortgage
do
Buffalo & Erie, mortgage bonds
do
do
do
do
Det. Monroe <& Tol., 1st mort., coup., guar
Kalamazoo & White Pigeon, 1st mortgage

93
258
102
102
88
88
88
63
37
12
13
58

1867
1869
1853
1866
1862
1866
1868
1876
1869
1807
1867
1868

"5'i

1863
1869

1,000
1,000

1865
1870
1869
1870
1S72
1807

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

Lafayette Muncic

•

d Bloominaton— 1st mortgage.

Lake Shored Michigan Southern —Stock

1,600
1,000

100
100

Guaranteed 10 per cent stock

864
451
95

Three River. 1st niortgagc
Kalamazoo & Schoolcraft, 1st mortgage
Kalamazoo, Allegan <fe Gr. Rapids, 1st mortgage
do
do
stock, 6 per ct. guar.
Jamestown & Franklin, 1st mortgage
do
do
2d mortgage
Lawrence Stock
1st mortgage
Learenirorlh Alch. d N. tr.— 1st mort., guar
Leaven., Law. d Oa/t!.— Ist mort., l.gr. ,s.f.,oonv
Kansas C. & Santa Fe, 1st mort., guar
Southern Kansas, 1st mort., guar
Lehigh d Lackawanna— 1st mortgage
Lehiyh Valley— Stock, common !ind pref
1st mortgage, coujion and registered
2d mortgage, registered
Schoolcraft

it

IndtanapoU'

<ft St.
Louis.— Ot the let m'rtsa-e
"A" are J & J.; series "B," M. & S.;
M. & N. The stock, t600,0on, is owned
by Pennsylvania Co. and CI. Col. Cm. & Ind. BcJ. nes to Penn. system, and leases the St. Louis A,
& T. H. In 187D-7, net earnings wcr.; $191,433.
Foreclosure 6uit pendiug. (V. 24, p. 495: V. 26. d

bonds

se: ies

series " C,"

6:4, 614; V. 27, p. 11.)

96,

Indianapolis <t Viruxr-ne'.—lii contro led by Penn.
Co through stock ownership, and interest 18 guaranteed by penn. Railroad.
Net laminKS in 1875
,

were

$32,708.

(V. 20, p.

486.)

International tt Great Xorthern (Texa«).—Acon
Bolidation of ihe International and the Houston &
Coupons fnnded in 1873 and
bonds issued for |2 7Sr,l>,0. Receiver appointe^d
April, 1878, and new plan of reorganizalion made,
a« per Cheonicle, V. 27, p. 95. Net earnings, 1817,
1466.248. Laiidgraiitabont 5,1 on,( 00 acres
(V 2?,,
p. 408; V.a«,p.2'JJ; V. 26, p. 342, 64T; V.2r. p 95.)

Great Northern.

&

Iowa Falls
Sioux Ci<v.— Leaded to Illinois Central at 35 per cent, on earnings.
Iron Mountain, Chester

(t

EasUm.—iniSs was forBonds are in de-

merly the ('hester & Tamaroa.
fault since 1873, and foreclosure

sale ordered.

(V.
^

22, p. 614.)

Jacksonville, Pensacda <t jI/o4ife.~Thls road is
mortgaged for a like anjouutof Florida State bonds,
and IB held by Ihe "-'tnte ar.d noticed for sale April
(V. 22, p. 158; V. Sf, p.
p. 40, 2(W; V. -ii. p. 212.)

S, 1877.

8;!,

266, 576;

1,

1873, to

Pennsylvania Company for interest

and sinking fund of bonds, and 7 per cent, a year
on stock. Lease guanmleed by Penna. Railroad.
In lb77, gross earnings were tl.ir7,9;6; net earnings, J19»,o:i8.

(V. 26, p.

192.

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

500 &c
1,000

50

143
32
10
13
301
101
101

$2,000,000
917,000
500,000
1,700,000
1,450,000
5,500,000
3,264,000
4,084,000
2,032,000
2,907,000
2,787,620
4,623,000
2,960,000

F.

30
1868
1870

1,000
1.000

7g.
I'-

F.
F.

8

7

A.

8

J.
J.
J.

6

A.

"7

'

A.

t^6g.
6

is

7

p.

7

7
7

g.

7g.
10

7g.
7

7
7

2.54,800

8

2,395,000
1,300,000
666,000
49,466,500
533,500

6

7g.
7g.
5

7
7
7
7
7
7
7
7
7

7,923,000
J

9,206,000
3,294,000
888,000
5,236,000
1,000,000
1,000,000
1,393,000
1,595,000
840.000
200,000
300,000
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
27,228,835
5,000,000
6,000,000

A.
J.

7

7
7

>

Joliet <t Northern Tndiina.—Uich. Central offered
to extend with a 6 per cent, bond, bnt coart decided

April 1, 1911
Jan. 1, 1900
Feb., 1904
Feb. 1, 1904

do
do
do

June, 1878^

Park Bank. April 1, 1899
York.
1900
Honesdale Nat. Bank. 1887 & 1889
N. Y., by Erie Railroad. Jan. 1, 1889
N. Y., Fai-m. L. & T. Co,
May, 1878
do
do
May 1, 1881
do
do
Oct, 1, 1906
do
do
July 1 1910
N. Y., Farm. L. & T. Co,

O. N. Y., Nat.

.fe

O.

&
&
&

O.

New

Philadelphia Office.

do
Boston, at

J.
J.

July

do

do
do

1882
1900

1,
1,

April

Jan. 1, 1880
Jan. 1, 1907
Jan. 1, 1907

Office,

do
do

Aug.

1895

1,

June 1, 1896
1895 to '97

May

&
&

Jan

July

O.

Ch

April

J,

.s

July

& O.
J. & J.
Sis
C ijtC
M. & 6.
A, & O
S •=isa
F. & A.
s a o
J. & J
J. &
1 ft«^
.. = ^
J, &
c s^.s
J.
A. &
J. &
J. &
Q.-J.
Pittsburg Office.
F. & A. N. Y., Winslow.L. <tCo.
A. & O. N. Y., B'k of Coinnioree.
J. & J. New York and Boston.
M. & N.
Boston Office.
A.

7
7

7
8
8

8
3
7
7

2I3

7

7
10
10
8

7
1

6
7

.Joseph <t

roin 3;01h mile westwaid, (Denver Extension 1 The company, in Nov.,
I»7G, went into hands of receivtrs.
Important
negiitialions for control by Union Pacific made in
I

and afterwards a disagreement between

1,
1,
1,
1,

April

July
Sept.
April

Aug.
Jan.
July
July
July
April

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

189»
1885
1886
1882
1886
1898
1906
1890
1887

1887
1888
1878
Var.toJuly,'97
June 1, 1894
July, 1878
Aug., 1895
Oct. 1, 1889
July, 1899
Mav, 1S90
do
1 892
F,'& A.
Feb., 1897
Q.— J.
Philadelphia Office.
April 13, 1878
J. & D. Reg.atofflco, cp.B'kN.A
June, 1898
M. & S, Philadelphia Office.
Sept., 1910
<fe

'1

.May, 1878,

do
do
do

J.

1899
1896
1916
J. & J. N. Y., I>ond. & Frankf't. July
1880
M. <fe S.
New York.
Sept., 1886
A. & O.
do
Oct., 1879
A. & O.
New York.
April 1, 1903
M. & 8. N. Y., Bank of America, Mareli, 1883
J. & D.
do
do
June, 1885
A. & O.
New York Office.
1904
A. & O.
do
do
1884
Various Bath, First Nat. Bank.
1880-1902
F. & A.
New York.
Aug., 1901
F. & A.
Aug., 1901
F, & A. N.Y., Chase &Atkiu8.
Aug. 1, 1878
F. & A.
do
Aug. 1, 1878do
J. & J.
July 1, 1900
Q.-J.
July 1, 1900
J. & D.
Dec. 1, 1903
A. & O.
Oct. 1, 1882
S5 cc
A. & O.
Oct, 1, 1879
M. & N.
s -£ >.
May 1, 1885
%^B
J. & J.
Jan. 1, 1880
?- ^3 £.
A. & O.
Oct. 1, 1892

made

the second,

O. N. Y., National City B'k

A.
A.

F. &"A. N. Y., Bk of Commerce.
& D.
do
do
Payable >2 by transportation.
M. & N. N. Y., Lond. i Frankft
M. & N. N. Y., Bk of Commerce.
M. & S.
do
do

Kansas Pac.—In 1877 gross ear'ngs were $3,2<4,7;4,
and net eanilngs $1,.387,777, against $1,280,41)? in 18:b
and $1,5"-J,N80 in 1875.
he e.iraings made on each
mortcage division are shown in V. 26, p. ia2: V. 27,
p. I,?6. The land grant is in two trusts, 2.rO0.OCO
acres in the first, from the 1st to the 38Uth mile, and
3.000,000 acres In

J.

J.

Council Bluffi—Tbe
of the securities as issued
since re-orzauization. Annual report of operations
in I87B, and outline of plan for issue of securities
in V. 25, p. 62. (V. 22, p. 233, 495: V. 2ij. p. 390.)
St.

<fe

J.
J.

7
6

Junction (PhU.^—OwiieC^ by connecting companies.
Cost of road $898,324; paid-up stock, $165,000.
City,

July 1, 1919
do
do
Oct, 1, 1900
do
do
July 1, 1881
A. N. Y., Farm. h. & T. Co.
1908
N.
do
do
1900
O.

& J.
7
& J.
7
& J.
1% Q.-F.
7
M. & N.
7
A. & O.
7
J. & J.
7
J. & J.
6
J. & J.

40.)

Kansas

When Due.

Stocks— hast
Dividend.

Q.-M.

"i'

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. '26, p.

above ttatcment

<fc

M.

4,273,3.50

1,603,230
1,500,000
1,500,000
600,000
844,000
237,000
2,300,000

&
&
&
&
&
&
&

J.

300,000
2,000,000
2,000,000

397,000
2,409,000
2,000,000
800,000
300,000
300,000
2,789,413
500,000
4,493,428
2,48^,000
10,000,000
2,240,000
4,063,000
6,303,000
6,404,000
600,000

pal,

Various N. Y., Union Trust Co.
A.

943.

Interest

is

Annual report

paid on bonds by cities and towng.

304.

for I8T6, V. 22, p.

Lafayelt4 Bloominqton c6 J/i«fl.— Formerly leased
to Tol. VVab. & W. (V. 23, p. 353; V. 24, p. 445, 468,
518; V. 27, p. 146.)
Lafa'jeUe Hfunc'e <fe Blco;nim7ton.— In hands of
(V. 24, p. 468, 518; V. 27, p. 146.)

receivers.

Lake Shore

& Michigan

nx months ending

Soiifhem.— The report fot

Jiine HO, 1878

showi-d snrpliu

income anpicahh- to divide d^ of $!)!il,2l:i, against
$44.i.V47 fo same time in 1S77.
See V. 2«, p. 645.
The f oliowlDg shows a summary for tte years named
1875.

1876.

1877.

Miles
1,175
1,116
1,178
Gross earnings.. $14,4.34,198 $13 949.176 $13,.505.158

Operafg exp^es.
Net earnings,...

10,531,500
3,902,697

!),5r4.K,^5

8,!)63,9li5

4,374,:i41

Stock

5(1,0.')0,000

50,000,000
37,524,000

4,641.193
50,000.000

Total debt

37,774,(00

418;

2% p. 3,», 2.54, 622; V. 24, p. 16,
16, 63, ^30,
V. 26, p.
2, 645.)

(V.

510;

.37,274,000

V.

25, p.

44

the parties. Forcclosnre pondiLg under the first
mort. of 1869 (Denv. extension). (V. 2(1, p. 192, 391
420. 47(1, 613, 62 s 631; V. 27, p. 16, 41, 95, 96, l'«,

Laurence.— Le&seA to Pittsb F. Wayne & Chic.
at 40 per cent on gross earnings.
Lease transferred
to Pennsylv'a Company. Netearnings, 1875, $84,177.
Sinking fund has $14,000 bonds. (V. 20. p. 42S.)

Kentucky Central.— This was formerly Covington
Mays-

L'avenuorlh Alcli.ibN. IK.— Operated by Missouri
Pacmc.
teavemvorth, Lawrence <t Galveston.— Bef&vtlted
on Interest Julv, 1S73. Sold in foreclosure Aug. 9,

& Lcxinston. The company nnrchased tlie
V.^, ville
* Lexington road. In June, 1ST8, it

JSaT'Srson.— lycased to the Erie Railway Company,
which pays interest on the bonds. (V. 14, p. 628.)
JejfenontWe, ifouimn <t Indianapo/iL-ljeni-ed

Jan.

18.53
18.59

51
22
17
21

—

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

Jio«(/«— rrluci-

Bate per When Where Paj'aWe and by
Outstanding Cent.
Pay'ble
W hom.

1,000
1,000

412

274
52
274

INTEREST OR DIVIDENDS.
Amoimt

4,0«:K).000

1862
1866
1870

.

d Miss. — Ist

ioo
500 &c.

226

do

inyton

par

1876-8

Funded coupon bonds
loira Falls d- Sioux C«<i/— Stock
iBt mortgage, April 1, 'o9
Ja<A-«o«r.,7'c/i«.<£J/o6.— Florida State bonds, gold...

J.-nfayette liUtom

Size or

1869
1870
1871

International 2d mortgage
Houston & (it. Xortlien; Sdmortgiige

do

[Vol. XXVir.

paid a
dividend of 3 per cent on prefeired stock of $500,000
and 1 per cent on common stock of $.1,500,(WI
Gross earnings 1877-8 t618,312; net, $246,691. (V.
24. p. 4;i5; V. ae, p. (.73.)

Keokuk

<t

Des Moines.—The stock

is

$1,524,000

pref. and 8',400,000 common.
Coupons due Oct 1
1877. and April t. 1871'. funded Into scrip.
In Mav'
1878. lea-ed to Chic. Kk. I.
Pacific on basis of a

guarantee of
6 I 7 V. 25,
;

Knox

<t

uew bonds

&

at S per cent
(V
26, p. 470, 523, 546.)

24 o
r. S12; V.
Lincotn.-la 1877 net earnings were $48,'

,

1878, for $760,000.
200.)

Lehigh

New

(V. 26, p. 266, 420, 6(0; V.

i<zcA:f!wa«7M7.— Operated
Jersey as a coal road.
<fc

S,',

p.

by Central

of

Lehigh Vaf.— This company's earnings are chiefly
from anthracite coal. The irross income from all
sources, in 1876-7, was $7,M».2:8; net $3,937,396.
The Co.'s report (rives no general balance sheet,
nor the cost or value of its miscellaneous investments. Of the E. &, Amboy mort., (5,000,000 have

.

A0O08T

UAILROAD STOCKS AND BONDS.

31. 1878.]

unkaerlbars

esaftr a cr«a>

irlll

Mm.

(

DB8CRIPTION.

MUe« Date

For expIanitUon of oolnmn bea<IlnK», Ac, M
•t tlio bead of flrst page of tal>le«.

of

of

Btie,

or

Par

Amount
Ontatandliix

Boad. Bonds. Value.

Uomdt—PTiwtt-

IMTKREBT OK DIVIDESTDfl.
Bataper Whan WberaPai
•anbk
OanlT Payable

WlMnDoe.

pal,

«aelt*-UM*

by

Whom

DIrldeod.

'CnnKnuttl)—

Lfh

233
60

iKiXA, $&£(«. fd. 1 p.p. v'ly)ep.* rej.
I'oy. Ist mortiniKo (for $10,0()0,0(K»

oiiiiMmy bonds, eudorxed
t c» Sprnce CreeAr— l«t luortga^.

<

1873
1877
1872

19
196

common

~:<K.'k,

Oolutly with Ciu.Jk Ind.RR.)

Tioii \\A»

£/•

^" '.'HWacs) 8.f«ud (for $3,000,000)

iiV-

;i23

31
92
15S

fund, extended 1IJ77
<t S. IT. 0/ /Md.— Ist mort., g.

uif

Lo-

r.

>

ho.
1-

islon

U;

ii:li^i

.<

liiviicoveBr

.

95

1?I riiiTtKjijcr. main
Nt'.viowii Jc Klushinjir,

Now

Ycirk

A-

Smithtowu &

4
10
19
63
175
175
737

gtmr
Rockuwar, inuu:

Jcflersou
Jjouisr. I ill. I* l.ex.—ljaaiav. I'ndo Loiilgr.jt Prankf.)
I^iin'villoClueinniUl A: Le-xinstou, Ist mort.....

New

I'ort

iii.irlgiijn'.

J

LouisriUe

oouimn, for $1,000,000
Stock

.VojiAri7/«-

Louisville loan, main stem (no mortjo^)
Lebanon l>nui<'li, Louisville loan
Lebanon branch. 1st mortjr.ijre

do

extension. Louisvillo loan

392
392
130
83

mortjrasefor $S,000,000
bonds, jrold. coup
Ohio. 1st mort., sterllns, suar
Clarksville br., l8t mort., 'sterling

Con.i..liil!itetl 1st

2d

iu«

TtiTatfc

Memphis
Memphis
JjOwfU

,f

iyV

'

J:
,V

/.'Mrrmy^—Stock
stock

ila

.

20
77
77
39
43
26
355
355

<— Igt mortgage
by Georgia Railroad

Jfac^woM

— Isl

mort., ffold

t-itrtnge

<r

TilUkMUM
'

CooV.— Ist mort^a^s coupon
<f XAH-renc;—Stock
Mmnt reM/rnf—Stock
1st mort:.'aje. eousolidated
Bonds i.'Sl.lOO.OOO loan) A. A. K. RR
£xtensii>n itouds, 1^70. sold
Maine Central loan fi)r $1.100.000
lieeils vfc Farniin^ton Railroad loan
Androscoggin Railroad, Bath City loan
Portland J: Kennebec, 1st mort., extended

'lEMdkefter

'33
"72

consolidatetl mortgage
do
Belfast & Moosehead, 1st iuorti»ij>^
HaaMfitld A Vmmingham — 1st mbrtyace

"33

22

—

CiHcinruiU Isi mortage, dollar
Ist mortgage, sterling
tf

18S
188

Sdmort^ige
3d mortgage
4tt

luortiraire for $1,000,000
Scioto A- H.Hkina Valley RE., Ist mort sage
Bait. Short Line, stock, 8 p. c. guar by M.
C...
do
do
1st mort., guar, by M.
C

&

Oncmnati & Baltimore RR., stock
do

&

30

50
500 &c

2,616,100

100

1,500,000
3.300,000
173,000
150,000
1,121,500
106,500
250,«00

1877
1870

1860
1864
1868
1873
1871
1871
1851
1867
1877
1856
1863
1863
186S
1373
1871
1872

Jcc

'soo

500
500
500

3,000.000

100 Jcc.
100

9.003.213

£200
*200
ibo

1867
1869
1870
1872

1,000
1,000
1.000
1,000

1872

100
100
100 ic.

1870
1868
1871
1861
1863
1865
1870
1869
1861
1861
1866
1870
1873
1866

18^

1,000

1872
1871
1872
1873

1.000
1,000
1,000
1.000

730.000
1,200,000
500.000
1,910,000
2,000,000
840,000
706.000
5,312,725
1.260,000
1,000,000
2.261.000
COO.OOO p.m.
13,733,204
1,501,000
556.000
8,000,000
1,900.000
200,000
556.000
640.000
70,000

'so
44
94
109
292

,fc

mortgage, convertible
2dmort!rage
New oonsoL mortgage, gold (for $1,700,000)
Melropolilan (X. Y. City)— Ist mortgage, $ or *
MieAiga n C»«(ra/—s took
1st mortitage. convertible, sinking fund

25

Ist

1st morts^a^e, convertible
Consolidated <nortgage (for $10,000,000)
Michiiran Air Line mortgage
Michijfan Air Line 1st mort., assumed by M.

Equipment bonds.
Kalamazoo & South Haven,
do
do

292

8O0
284
234
284
103
10
"39
39

C

1st mort.. guar
'2d mort., guar

1877
1878

1872
1369
1874
1870
1870

1,000
1,000

1,600
1,000
1,000
1,000
1,000
1,000
1.000
1,000

BoaUm.

J.

PliiladalpUa Offloe.

r.

7

K.

U.

J.Sli.T.'iO

3.1i£i,S:ii

$i.78$.<33 1«30 i,«6 S3,3S,3U
K.i 91,«97 *:,TmAiD «,«i8ja»
2i,lS9iaOO dl.l8( 000 U.»l,«»
400.908
6A8ia
(V. «, p. 1 1 0; V. »t, p. 838;

Net earnings
Capital stock

Paaded debt
noatingdebt.
• Anthracite.

V.«,p.6r. 340.)
Xittb Jfloaii.—Tliis company leases the Calnmbos
AXenia, and both are leased to piitsbon, Oinciaatt St. LodIs, goatanteed by Penu. RK., lessees
aasnmm^ interest psTraeat on bo-vls and S per cent
oa stock. Net earnings, 1976. (L. U. A O. A X.)
$»3,5S5. (V. »), p. 43 7 ; V. »t. p. 4«>.)
^af«« Koei* nrt aaiO.—Foreclosed Dec. 10, 1S74.
anrganlKiil and stock issned for old Imnda. Net
MMiMB, IgTS, *51,0t4; in 1477, tll^>^ (V.
p.
H; V. «, p. M9.)
XUfcaelvyttilt.—Leased and operated by PhUaMphll Beading. Dividends, T per c^nt.

A

C

'

A

Ltgrnyrt, On^flminllU

'mm of

sale

made.

The

A

S.W.<f JML—De-

total UablUries.

September

leported at (4,097,000, of which ):K!,M)0 were
T's certillcatea.

hng

(V.

»,

p. C3;

V. «.

p. 438.)

earnings, vear eadtng Sept.
net earnings. t383.6« Ondadiag

Atoail—Gross

90. is:«. tl.lS«,7S3;

leased

lines

from

May

1);

lntere«t

and

rentals,

tsrii.m

Netearaingsrortlueeyea''sbef.>re.wer>:
SJIISOI; ISrS-L $317,SS1; \S,7i A. 11C13S.
In .J:in i^Tti. s sale of stock was made to Mr. Fop.
Ih^iih.'.so I. >nd th'S roid afterwud leased 'he Ptnwin.: No. <iiore ,t I'entral. and the So. of I^ 1 . and
went in;. K.-cciver'shsods October, 1S~. (V. SS,
ISTJ-s.

.

1

M, p. »!. SSS.!
S«id ta
^oiafftM.
foreclosan OcL 1. Tr. for $731,00] to 9d Blast. boii4holdef^ sabject to above liens. New co. orjtnlied
V. 25, p. $M, ISJ,
lOMinUt, Clacaao/i

p. 112;

510; V.

*

—

(V. ao. p. 16,

357,

453; V. Si, p. 86;

V.

10

2»9

7

St.

A

1:176,

A

A
A
A
A

do

A Co.

Jesup.P.ACo.

do

J.,

do

0.\
A.
New York.
J N.Y'ork. Union Trust Co.
M.AK. Manclieater and Boetcn.
"7
A. A 0.'Bo8t.,M.it. B'kCom'rre.
F. A A.,Bost., N. Bk. Commertx
6
do
A. A 0.;
do
J. A J.
do
do
Portland.
J. A J.I
6
J. A J.jBost.. Nat. B'k Com'rce
6
PortUtnd, Me.
A. A O.
6
A. A CiBost.. Nat. B'k Com'rce.
6
M.A N. Belfast and Boston
J. A J. Boston. Bost.Nat.Bsak.
P. A A. Bait., E. Garret A Sons.
7
London.
P. A A.
I'- M.A N. Bait., B. Garret A Sons
do
do
J. A J.
8
do
do
A. A O.
8
do
do
M.A N.
7
do
do
4
J. A J.
7
J. A D. Bait., Merch. Nat. Bank
do
do
4
M. A N.
!

7
8
8
8

J.
J.
J.
F.

6g.

J. 'a "j.

8
8

A.
A.

A

A

LoweU.
Rail-

p. 113.)

A

Mil.
(V. 36, p.

4S(L)

Makaiditg Cbo^.—This coal road runs from Andover. O , to Young»town, O . and is leased to tie
Like Shore A M. S. for 45 years fro a May. I8<3, at
40 per cent of grass earnings.
JTaactato- <C lawrBaw.— Pbrmerly operaiedwia
the Concord RR. as one Ibie. Net eandnss 1877-8.
$100,438 asainst $100,t» in 13?«-7. (V. S5, p. 39;
V. «:, p. «e.)
Jfoias (Asfraf.—The total eamhigstorthe year ISTT
wer«tl.65t,U7: opeiatins expenses. $l,0aS,S»: net
earnings, $K3l.i«»-salKeient to pay $001,519 for
hiteresi and rents, and lesre a balance of («7,1T9
the
There were •ola $1,011,000 of consol. bonds
year to par floating d.-bt. (V. e. p. SSO; V. 21. p.
144: T.»,p. ISr; V.«»,p. 341.)

A Co.

do
do

do
do

A
M.A
J. A J.
M.AN.
A. A O.
M.A N.
M.AN.

8
8
8
8
8

do

do

N. Y., R. T. Wilson

N.Y.. Central Trust Co.
New York and Boston.
Boston OlUce.
O.
do
O.
N. N. Y., Farm. L. A T. Co.

2

7

m

do
do
A J.
A D. N. Y., Company's otBce.
do
do
A J.
do
do
A

M.A S.
M. A N.
J. A J
J. A J

10

May, 1878
1887
1879
Oct., 1890

Philadelphia.

I

J. |N.Y.,M.I£.

5

«S, p. »i8.>

$31,8M.

do

J.

O.
A.
Louisville.
O. N. Y., Drexol, M.

Q.-P.

I'-

Ariog*.—Controlled br CIdc

PauL Gross earnings.

P.
A.

J.
J.

Maeim A itM;w<ii.— Leased and operated by the
Geoczia Ralboad. which gnaiaateea all the bond*
except $100,000 of tint mortgage. Gross eamig^
ISn-6, t»,<87; expenses, 310l,tC7. (V. Si p. 4«8.)

MadiKm

1901
1901
1881
1897
1907
July, 1878
1386 A 1887
1886
April,
Sept..
Jan..
Jan.,

Various
do
do
Nov., 1880-^
A N.
Louisville.
A. A O.
do
Oct, 15, 1893
April, 1898
A. A O. X. Y^ Drexel, M. A Co.
JL A N.
Nov. 1, 1883
Nev York.
J. A D. London, Baring Bros.
Dec, 1901
F. A A.
do
Aug.. 1903
d«
Boston.
Apt 2, 1878
A. A O.

7

Summit Branch

May, 1908
'

M.

(V. 3S, p. aS7.)

Lgkau ?Ut«r.—Leased

Drexel, Morgan A Co.
J. N. Y., Bank of America,
8.

6
7
6
7

m

taA Id. $n;S00 perannom. (V e,

do

do

O.

1890
1884
July, 189«

A.

I'-

n Boston A

1883
Au., 1900
I87S
Oct.,

m
6

tiroes caraiags
1377-8, against f l,!a6^8BS In 1876-7.
of m^in stem, branchee and leased lines in 1876-i
Dec is leaied,
$5,«1S,»6: net, tS,140^aK>. Naahv.
Ala. are assumed.
and liabUities for the S.
(V. 35, p. 41. 331,356; V. S6,p. 143, Kd; V. »:,
p. 68.)

Lomett <t /.awreao.—Leased

A
A
A
A
A
A

1895

1,

Jnly, 1878

7

louUrUlt <t XiuknOe. -In 1876-7 surplus above
For eleven months
int. and rentals was tSM,Oai.
ending May 31, ISK. net earnings were Si,090,:8T

AN.

Jnly

O.

J.
J.

.

Operating expenses.. 3,%S,IM1

May i, 1903
Jona 9, 187S

Bank

6
7

keen issued to L. V. Company. A compirstive with $i.l(iO,000 stock. (V. «, p. ITO, 469, 565; V. S5,
Matement for three yem is as foHows:
p. 16, S».S5«,4S3. 5)S.)
1815-6.
ISri-S.
18IB-T.
ZOKfariSe, Stw AJbOHf Jt 8L ImAt Air-Une.—
•OoaKtons) moved.
S.SrT.M7 S,9S1.M^ 4.!Ki.l34 This road is projected from Lonisvlile to St. Louis,
Ones earnings
$S,ni6,49S t7,'-49.)>46 $'i.4S^.(ViS and has aS miles built. To be sold ir. foreclosure.
.

Y.,

Q.-F. X. Y., Jooea A Sebnyler.
ComiKtny't Oillee.
P.'i'A. N.Y.,8t. NleboUa N.Bk.
M. A N.
do
do
X. A N.
do
4I0
M. A N.
do
do
A.

t'-

300.000

1st

J.

6

1,166,700
150,000
300,000
2,430,000
1,050,000
2,500,000
3.000,000
2,001.000
1,125,000

CtnelnnatL

A
A
A

7
7
7
7

496,500
756,800
633.000
425.000
217,300

100

Various

3>g

Jan., 1893

Cincinnati.
of America.

6

8g.

1,000.000
3.620.120
3,898.600
1,100,000

100
100
500 JtO

N

J?.* N.

A 1933

1896

'

e

"7'

649,000
225,000
77.000
333,000
7,070,000
2.000,000
3.500,000
2,336,730
200.000
600.000
400.000
370,000
600,000
1,480,000

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

ruiadeipliia Office.

r.

I

I'.OOO

FblladolplUa Offlee.

J.

..„

600,000
100,000

1,000
1.000

J.

a

492,004)

50
500

5>9

mortgage
JtufquflU. B. * O— Ist mort., I'd gr., M. A O., coup.
Ist mort.. rd gr., H.
0.,coup
2d mort., land grant, M., H. <t O., coup
3d mort.,
do
do
do
Memphis rf OharUtton—stock
do

2,6.50,000

1860-1

19

do

Marittla

I'.OOO

12

irsed

2t;

1875

31

k

-

n-

1,000
1,000

A D.
i "j,
X.AN.

7
7

1,545,000
4,608,000
1,500,000
525,000
5,000.000

1853
1864

i23

.«'iii7A—Xcw stock

../

1--

91,000 $13,301,000
Held by L.V.
1,600
1.69,, 000

"50

81

1-

.
'

sxifl

do
do
do
do
do

do
do
do
do
do

Jan., 1902

May

1,

1878

April 'i."l912
1890 to 1891

1900

Oet..

July, 1898
Jnly, 1901
Jnly, 1891
April 1, 188S
Oct. 1. 1895

May

15,

1890

July
Aug.
Aug.

1,
1,
1,
1,
1,

18-40

1391
1891
1896
May
1890
July
AprU. 1908
May 1, 1896
Jan.. 1878
Dec. 1, 1904
May 1, 1878
Jan. 1, 1900
June 1, 1892
July 1, 1891
Aug. 1, 1392
Sept. 1. 1903
May'l','l880
Jan. 1, 1885
Jan. 1, 1916
July. 1908

June

1878

1,

Oct. 1.1882
Oct. 1, 1882

May 1.1903
1. 1890
1390

Jan.

April 1. 1383

Nov.
Nov.

1890
1390

1,
1.

UmtMid A Frami^ham.—Le»aea

A Fitcbbcig, at

Clinton

to Bostoc.
as per cent of gross earn1875.
(V. 30. p.

GoasoUdaUoa nude June,

ings.

6U.)
CTfia artI -Capital rtoik ta $14,000.
JforMfai
wes^l.W,000. Gross eanlocs for the year

A

WW

constrnction. Jtc Pefanlt was made in 18TJ and a
re-eiver was appointed in siUt to foredose the 4th
rtgage bondholder* commortga^. The first
plain of the pjyment of tnlereit on gnirantees
(V.s4.p.
liens
to their owa.
which are lnferi..r

m

X 44

;

V. »,

p

803, 335,

a»; V.

36, p. tl«.

Mi. 4M.)

JfarmeUe. BaugkUm A 0»kmmgim.-'ni» ia a
consobdatioa <>f Marquette A Ontonagon
miles.
Houghton A Ontoaaeoo. and operates
_!^' aciw.
acrw. chiefly timber a«4
_
Lands amount to

_

mineral.

^MM

Stock,

tiiOS,!
(3,806.0001

WW

Net etfpU^,

IS*!,

8347,<«7.

A

MtmphU OUrtoAm-This road was laaasd ta
Oo. Aa imOa.
portant negotiation waa also made la the eraelnl
rear. placLw ihe company in a mack better OnaaAI
p. 114. Of Oa
ionditioaTlea iSlacciint in V.
new coasoL mortgage (1.400 OtO is seemed abyUMto
asslgawl
Teno. Stata ban for (I,»i406,
is reserv.dio take ap Isl
tae, and
Jnnerl877.totbeB Tenn. Va.

*

BR

*

oM

UM M

ea«^

moctginiir^S«.p.30i; V. «i. p. SI*. 805; V. 36,
p.S»; V.3«,p.llS.»
M,tnrtlUa» <N. Y. «ty\-This to the alijUsd
load fonneily kaowu *s the " Odbett.'' (V. 37. p.
149.)

MUUgoM CMML-The Iseal yaw
net earalaga oc
|l.si«.<«& Floa.!K

um,

d^

win hereafter

m^ Jtend "15^
debt^«hfe« Pgd««. ^lE
3Ja

is aasamsd by Mich. On*. .
Jacksoo L.* S.
which slsa oays (n.<«» per year o« the mpA. om.
thnd of wh'ch it owns; the proceeds • Ij.
lands go to pay bawds. (T.^Tp-SI*.) bMn* « ••

U AS

.

.

.

AND

llAILKOAD STOCKS

XXVI

BOND?.

Subscribers will confer a great favor by glvlnz Imiuedlate notice of

UKSfKIPTiON.

[Vol. XXVII.

any error discovered In ibeso Tables.
i>'07u/s— Prinol
INTEREST OR DIVIDENDS.
pal, WMcn

Miles Date Size, or
Amount
of
Par Outstanding Rate per When Where Payable, and by
of
For explanation of coliimn lieadiugs, &c., see notes
Payable
Whom.
Cent.
ot
tables.
page
Road.
Bonds. Value.
Hist
of
at the head

$100

Korwieh d TTorcerfw—Stock
New bonds, coupon
Lake CliamplaM—SioolL
Cfdensbtiig

---

66
122
122

tC-

Preferred stock

1877

100
100

1869
1870
1877

Eqiiipnieut bonds

Sinking fund bonds

118
393
393
148
393
393
393

Mortguge bonds for $600,000 (sinking fund).
OAio it Mississippi—%U>ck, common.
cumulative)
"Preferred stocfe (7 p. c. yearl:^,
'
bonds
d
_ _Xdebt
and funded
Income
^^
'

"

Ist consolidated niort. ($3,478,000 are 6.
Consolidated mortgage, sterling
2d consolidated sinking fund mortgage

f.) ...

Debenture sinking fund bonds (for $1,000,000)
Spring. Div. (Sp.&IU. SE.) IstM. (for $3,000,000).
CM Colony—Stoc'k

Bonds
Bonds
Bonds
Bonds
Bonds
Bonds

JVor/Aw.— Laud gr gold bds (for
jVewar/c— Ist mortgage

Omaha <f
Orange

<t:

'ido

100
1862
1808
1868
1871
1873
1874

228
260

^
$610,000)

1,000
1,000

1871
1860
1874
1875
1876
1877
1871

40

1,000
1,000

£200
1,000
1,000
1,000

100
500 &c.
I'odo

1,000

200

1870
2812 1865
1,000
1866
1,000
"35
50
35 58A64 500 &a.
Mortgage bonds
1876
1,000
Consol. mortgage (guar. D. L. & W.)
ise 1877
1,000
Paducah <t Elhabellitown— 1st mortgage
186 1877
1,000
2d mortgage, income
47
100
Panama — Stock
47 1867
General mortgage, sterling, (£1,000,000)...
£200
103 1873
1,000
Pat-is it Danville.— 1st mortgage, gold, sinking fmid
75 1872
500
Paris <t Decatur, (Ills.)— Ist inort., g'd, sink. I'd
67 1871
Pekin, Lincoln d- Decatur— 1st mortgage
1,000
Pennsylvania — Stock
1669
50
355
1st inort gage
1,000
Gen. M., Ph. to Pitts., coup., J. & J.; reg., A. & O
1870
1,000
State lien (pay'ble in annual inst'liu'ts of $460,000)
Consol. M., coup. J. & D., & reg. CJ.— M. (S. f. 1 p. c.)
1873
i.o'o'o
Navy Yard bonds, reg
1875
Car Tnist bonds (sinking fund 10 per cent)
1877
Pennsijlra n ia Co.— Common stock
50
PrefeiTcd stock
50
1st mortgage, s. f. (held by Pennsylvania RR.)...
1877
1,000
Reg. bds (for $3,200,000) sec. by P.F.W.&C.sp.st'k
1877
1,000
Pennsylvania dt Velaxcare — 1st mortgage
39 1873
2d mortgage
39 1873
Pennsulvania A New Forfc- 1st mort., guar
105 1866
1,000
1st mortgage, guaranteed
105 1866
1,000
Peoria a Bureau VaUey— Stock
46
100
Peoria, I'ekln <t Jaelcson\;ille— 1st mortgage
83 1864
iOO &c,
2d mortgage
83 1870
1,000
Perkiomen— 1st mortgage
38 1867
100
Consol. mort., gold, guar. P. & R., (sink. fund)...
38 1873
1,000
Petersburg —Stock
82
100
1st mort. bonds (payable $25,000 yeivrly)
82
2d mortgage
82
Philaaelpnia d: Halt. Central 1st mort. (Pa)
36 1859 100 Ac.
2d mortgage (Pa.)
36 1869 100 &c.
1st mortg.ige (Md.)
10 1866 100 &c.
Philadelphia tt i'ric—Stock, common
287
50
Preferred stock
50
Ist mort., Sunbury & E. (extended 20 years in '77)
40 1857
1,000
1st mortgage ($3,000,000 are sterling)
287 1801
1,000
2d mortgage
287 186S
1.000
2d mort., gold (for $20,000,000), guar by Pa. B... 287 1869
1,000
Philadclph ia it Heading — Stock, common
50
Preferred stock
50
Mortgage loans inconvertible
779 1843-9 1,000
Voan mortgage, convertible
779 1857
1,000
do
eterliug
do
779 1830
£100
do
do
do
779 1843
£500
Ixian mortgage, sterling. (Extended in 1877.)
779 1867
1.000
Loan debenture
1868 100 &e
Loan mortgage
779 1868
1,000
.

,

—

Norwich dk Worcester.— hi &?eA Februnry, 1S69. to
Boston, Hartford & Erie for It'O years at 10 percent
per annum on cost. Dividends paid of 10 per cent
perannura. Gross receipts in W()-7, $717,014; net
$«&1,795. (V. 21, p. 590; V. 23, p. i48.)
Ogdensburg & Like Cham.plain. Leased in March,
1870, to Vermont Central, but lease failed and property reverted to owners April, 1H77. Gross earn-

—

1878.

PeMn
1876,

Ohiodb Mtsfissipni.—There are also $97,000 of old
Ist mortgage 78, W. Div., yet out.
Tlie company
purctiascd the Springfield Huad, March, 1875, for
bonds secured on tliat road. Nov. 17,
$2,000,000
1878, receivers were appointed, tnd afterwards Mr.
King was made sole receiver, hecuivtr's Inst report in V. at^, p. 214.
Interest or 1st mortgafc
is paid about six months after it c raes due
(V

$M,I4a.

'

S«5, StS, 332, 496, 5i3, 1.25;

—

$406,835 in

Omaha

1875-'i.

it

(V.23,p. 8B,

Northwest.

— Some

exchanged
Sept.

3.

V.

1'.3.)

Old Colony. Net income over
penses and interest, $407,435 in

operating

a'amst

18r.i-7,

5oO; V.25,

ex-

p.

48i.)

bonds and coupons

for lands. Road to be sold in foreclosure
(V. 22, p. 79; V. 23, p 175; V. 27, p 42.)

Oregon <t California— Mler default in 1873, propoby Ben. Holloday, Prest. Gross e irnIngs 18:6, tsya^;!)!; net, $2-iO,090. In 1876 2 per
ent was paid on boade. (V. 81, p. 421 V. 26. p. 3 .0.)

Oswego <t i?om«— Operated by the Rome, Watertown & Ogdensbtjrg at 8 per cent on $30 i,000 stock,
and interest on first mortgage bonds.

&

Oswego <t Syracuse.— heneed to Del. Lack.
West.
tor interest on bond's and 9 per cent on stock.

Paducah

Etizaheth'own.—TXns road organzed
after sale of Loutsvi le Paducah & i^. W.; has bonds
outstanding as above. Net earnings 187r.8, $58 007.
(Y. 26, p.

<t

6T3.)

fmnama.—t»ei statement, y. 85,
*'
817,341 885, t6i).)

p.

'

p,
341.
J'-'T'

(V

^''

28
»'

Lincoln <&

A

Western.

and reorganized.

8

6

6
7

g.

7
6
3
7

6
7
6
6
6
7-30

(V.

28,

New England

S.

J.

g.

6
7g.
7

7

4I3

7
7
8

7

& J.
& J.
A. & O.
M. & N.
1st
J. & J.
Various
A. & O.
M. & S.
J. &D.
M. & S.
F. & A.
J. & J.
M. & N.
A. A O.
M. & N.
F. & A.
F. & A.
M. <k N,
M. & S.
F. & A

New

7g.
7

Q.-.T.
A. & O

7g.

J.
J.

7

F.

l^a

6
6
5
6

J.
J,

A.

Q.-F

& J.
& O
Q.-M.
J. & J
J.

Q.-J.

A.

6
6

&

&
&

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

A.
F.

6
6

7
7
4
7
7

6

6g.
3
8
8

7
7
6
"4"

p. lOJ

;

6&6g.
7

6g.
2I2
31a

6

A.
A.

%'

Aprilii'lSOO
May, 1915
Feb., 1891
Fc))., 1878
1880 & 1885
1907
N.Y.^ Treasurer's Office. Feb. 1. 1897
Feb. 1, 1897
do
do
New Y'ork, Office. Aug. 1, 1878
Loudon.
Oct.lO,1884-97
New Y'ork, Office.
Jan. 1, 1903
New Y'ork and liOndon. July 1, 1892
Feb., 1900
N. Y., T. W. & W. RR.
Philadelphia, Office.
May 29, 1877
Jan., 1880
do
do
Pliiladelpliia & Loudon.
1910
Pliiladelpliia.
Annually.
Pliilndi'lphia Al Loudon. Juue 15, 1905
Phlladcliihia, Office.
1881

do

do
N. Y., Del., L. & W. RB.
do
do
do
do

Pittsburgh, Co.'s Office
Philadelphia.

J.
J.
T.

J.

7

A.

Illinois

Philadelphia, Office.

Philadelphia, Pa. RR.

do

Net

Earnings.

Earnings.

1876;..

$31,117,146
36,t91,060

$10,1S4,4I7
18,834,385

(V. 26, p. 18, 95, 166, 217,
519; V. 87, p. •18, (.7, 200.)

238, 26S,

277, 315, 480,

Pennsylvania Company.— The Pennsylvania Com-

pany

is a corporation distinct from the Penn. Railroad, and operates all the leased lines west of Pittsburg. The slock is owned by the Penn. Railroad.
In 1877 the net income over rentals, interest, &c.,
was $'.85.0(5, and advances to railroads charged off
$354,'.25.
The regstered bonds are secured by deposit of $l.C0i,0i:0or Pitts , Fort Wayne
Chic8<'o
special stock. (V. 85, p. Sol.)

&

do

&

Oct.

&T.

Co.

do

do

<t

Philadelphia

& London.

do
do
do
do
do
do
London.
do
do

&
&.
&.

&
&
&
&

&

Pennsylvania

1897

31, 1881
1,

1888

July, 1920
Jan. 25, 1878
July, 1880
July, 1886
July, 1880
July, 1880

do
Delaware.

1,

July 25, 1876

Philadelphia, Office.

do

March
July

Philadelplila, Office.

July
July
Oct.

1,
1,
1,

1882
189a
1893

—The lease of this road

to the Pennsylvania Railroad

was

ratified iu

1874.

Previously operated under temporary lease.
<!

I

New Port.— Operated

in

close

connection with the Lehigh Valley. Net earnings
1875 6, $6'J8, 101. Dividend of 10 per cent paid on
preferred stock of $3,500,000; common stock la
$1,061,700.

Peoria
Chicago,

p.

.„,

1873

Oct.,

Phila.,

Q.-.

6

stockholders on March 26, 1878. The following is a
statement for two years on all linos east of Pittsburgh:
Gro?.s

do

1,
1,

Newai'k. Office.
Frankfort O. M.
N.Y.,Farmers' L.&T.Co.

Q

7

88,

Office.

Phila.. Pa. Life

J.
J.

J.
J.

6

V.

Jan.
Jan.

do
do
do
do
do
do
N. Y., Koimtze Bros.

&
&

J.

7

to Toledo,
Sold in foreclosure June 10,
In 1876-7 net earnings were
23,

York,

do

1875
1882
1898
1898
April, 1911
May 1, 1883
Nov. 1, 1905
July 1, 1878
1881
Oct. 1,1880
March, 1894
June 1, 1895
Sept. 1, 1896
Aug. 1, 1887
Jan., 1901
1,

April. 1,

July 1,1903
July 1,1903
do
do
B'k N. America, June 1, 1896
June, 1906
do
do
N.Y.,Chic.,R. I. .fePac. Feb., 1878
N.Y.,Imp.<fe Trad. B'k, July 1, 1894
do
do
Oct. 1, 1900
PWla., 227 8. 4thst.
Apr. 1, 1897
do
June 1, 1913
do
Jan., 1872
N.Y., Lancaster, B.&Co. Jan., 1879-'98
do
do
1902
&"j, Philadelphia, Office.
Jan., 1879
do
do
Jan., 1900
& J.
& J.
do
do
Oct., 1891

7
7

Owaiur.— Leased
V.

Mar.

Office.

coup, due Nov., '77
Boston, Office.

Pennsr/lvanl

p. 817;

1897

g-

"3

Now

Mar., 1890

York,

New

1879

Jan.,

do
do
do
do
London.

J.
J.

.4.pril.

3

Pennsylvania.— The report for 1877 is given In V. 88,
p. 238, and shows surplus net income of $l,OiO.308 after paying all possible charges and S% |ier
cent dividends. In 1874, by the report of the
Investigating Committee, the liability as a guarantor
of principal and interest was on $3:i,9s3,600 bonds;
annual liability additional, jn guarantees of interest
or rentals, $13,862,31ii, and probably there has been
no great change since. A scheme to buy up the
company's guaranteed securities with $100 0:X) per
month from earnings, and issue a 4 per cent scrip to
stockholders for th^- cash so used, was adopted by

1877

do
do
do

J.
S.
J.

M.'&'S.
A. & O.

7
7

Due-

—

Last
Dividend.

Trust Co.
July 6, 1878
Boston, N. E. Trust Co. March 1, 1897
Boston, Ollice.
July 10, 1876
O.
do
Apr. 1, 1878
J.

<fe

(V.24, p. 110.)
Bureau Fa^^.— Leased perpetually to

Rock

Island

Pekm

&

Pacific at $185,000 per year.

JacksonvU'e.—ln year ending June
.30, 1877, there w.is a deficit in earnings of $2,518.
Receiver appointed Apr'l, 1876.
Perii<»n«n,--Leased to Philadelphia & Reading.
Int. on consol. rao;tg., paid one-half iu tcrip of P.
& R. Company.
P«<«r«6«r!7.— Receiver appointed. May, 1877. (V.(
Peoria

sition offered

;

8

546,000
10,950,000
350,000
200,000
1.320,400
124,000
338,000
216,000
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
621,000
1,200,000
1,324,200
500,000
300,000
800.000
400;000
300,000
6,053,700
2,400,000
976,000
5,000,000
3,000,000
8,680,000
32,726,375
1,551,800
1,510,500
79,000
182,400
967,200
134,400
1,135,300
2,700,000

Paris <£ i>«<;'!<Mi'.—Consolidation.
Midland. (V. 19, p. 331; V. 21, p. 013.)

Wabash

a 14,

2

4

(V. 26, p. 592.)

Inaf, 187:-8, 1598,852; net earnings, $853,176. (V. 25,
39, 237, 433; V. il, p. 1 4, SOJ.)

26, p. 135, M2,
2;-, p. 42, )4S,

M.

J.

Paris A Danvitli.—Ot these bonds, $450,000 were
given for coil mines at Danville, which are covered
(1,230 acres) by the morteagft
To be sold July 10,
'

p.

m

J.

6

(J)

9

Orcgonit California— 1st mortgage
Os j;ego <i Rome— 1st mortgage guaranteed...
Income mortgage bonds
Ogiccgo <£ Si/j-ac»sc—Stock, 9 per cent guar.

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

5

$2,604,400
400,000
3,077,000
2,000,000
154,000
392,000
446,000
20,000,000
4,030,000
174,000
6,545,850
112,000
3,864,000
140,000
1,915,000
6,733,800
390,000
150,000
1,692,000
500,000
1,100,000
1,450,000

1,000

Stocks

<fc

86, p. 4;, 5i3, 65i.)

PhUai-lelphla <ft Baltimore Cen?rai.— Operated fo^
past in Pennsylvania by trustees of llrrt
mortgage bondholders.
Phil., Wil. &, Bait. largeK-

some time

interested.

(V.

2.J,

p.

.'>26.)

^

Philadelphia eft .EW«.— Leased February, ISB8, fflt999 years to Penn. Railroad, but without any gnaraiite« of bonds.
Gross earnings. 1877, $3,172,992;
ne', earaings, $1,1J'.365.
Net deficit after paying
interest, &i-., $261 18i.
(V. 22, p. 206; V. 84, p.
138, 248; V. 2ij, p. lec, 241.)
Philadelphia <ft Beading.-The report for 1876-7, l»
given at length in V. 26, p. 65. President Gowen
reviews the year 1877, and gives the facts hearing
upon the Company's financial condition and prospects. The trustees of (he general mortgage hold
the mortgage of the Coal & Iron Company. In
March, 1877, propositions were m.nde and accepted,
by which iioldt-rs of general inortirflge bonds and
Perkiomen guaranteed bonds receive one-half their
coujions, 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 fire years. The scrip is convertibls

)

:

AnsuBT

.

RAILROAD STOCKS AND BOND:

81, 1978.]

aubaerlbera will eonftor a creat fkror

DKSCKIITION.
For explHiiutlon of column
llin boiid

ut

of Uret

IiciuIIiikh, <Sia.i Mie
|>ttK« of tiiUles.

do
do

do
do

$ or

Kolil.

i:. ('oii|i

(lolliir

IniprovtMn't nn>rt.. $ or Ji, nink'^ fund, conn.
Oou. mort., 4f itnil £ (sink, funil 1 p. o. yearly
looouio niort»,'aK<i (for ^iio.ooo.oooi
Dobontni'tMind >rnar. hond.s. (> prrront cur'cy Korip
Gen. mort. ami IN-rklomon U Pfrcout stor'gaurlp
Coal & Iron Co.. (,'uur. nK)rt. (for $:IO,000,000) ..
.

do

guaranteed

dolx'ntiiroA,

—Stock

Tren Ion

rf

PhiUulrliihiii, iin-iiuiiitiiirn

PMluilrlphia,

jVorriXown—Stock
Baltimore—dlock

it

Wiliiiiiii/loii tt

Iflt mortj;a«t>, convertible
Flalu bonda, loan

do
do

do
do
mortgage

Piltub. <t Connellsrille.— 1st

Turtle Creek division
Ist
do
Consol. mort. guar. B. <& O. (s. f £7,200 pr. yr.) .
PUta., V.itSl. t.— l»tm.,C0U8. (for*10,000,000)
.

,

mortgage

Ist mortgage, 8leub«nvillc & Ind., reorganized...
Col. (fc N'cwiuk Hi vision Ixindf)
PUlsburii, yi. Wiij/tie it- Chiriujo Stoek, guar
Special improvement ntock, guaranteed.
lot mortgage (series A)
do
do
B
let
do
do
C
let
1st
do
do
do
do E
Ist
Bonds all coudo
do
F
1st

—

D

2d
2d
2d
2d
2d
2d
3d

pon, but may
be made paj'a-

a

do
do
do
do
do
do

do
do
du
do
do
do
do

H
I
K

ble to order,

L

M

Pittsburg, Ft. Waj'ue & Chic, construction bonds.
Equipment bonds (renewe<l)
(W. & F.RR.)..

Pitlsb. Tiliiseille •! llu(r.— 1st mort.
1st mortgage (Oil (.'reek RR.)

Ist

mortgage (Un.

New mortgage
Funding
Portland

&

.

Titusville RR.)

&

(Pitts. T.
B.)
bonds (P. T.

&

iiiciiirie

Pillnb., Va.

B.)

Cliarleslon—lut mortgage, gold.....
Ot/dcnsh.—l st mort., E. D., gold

tl:

it

New mortgage
1st mortgage,

..

(for .ii:),:iOO,000)

Vermont

Div., gold
Fo-U. it Unchesler— 1st mort.,s. (. (Portl. loan) "A".
Ist mortgage, equal lien
do
(Portland loan) sinking fimd, "B".
2d
Portland. Snro it I'orlnmotitlt— Stock

1st mortgage, gold
Port Itoi/al (.S. C.)— Ist mortgage, convertible, gold.
Po-{?m6uth, Ot. Falls it Conway—Stock
Bjuds (not mort.) guaranteed by Eastern RR
ProvUti'nve iC Woreevler Stock

—

J'ir»t

mortgage bonds

Ne w bonds
mortgage
Beading it Columbia— lat mortgage, coupon
2d UKirtgagc, coupon
Reading it Lehigh— 1st mortgage (Berks Co. RR.)..
Raleiiihtt (iaston—lat

—
Dan ville — Stock

Rettsselaer it Saratoi/u Stock
Ist mortgage, consolidated (for $2,0(X),000)

Hichmonft

it

State sinking fund lo,in
Bonds, giuirantced by State

3d

mortgage, con.solidated,

New

coupon or registered.

general mort., gold (for $(1,000,000)

Piedmont branch,

Ist

mortgage

Nortliwcstern, N. C, 1st mort., guar.
Kich'd, ! rriUricksbury it Potomac Bonds, 8ter
Dollar loan

—

Coupon bonds of 1881
income mortgage bonds. (See V. 34, p. 299
comparibon of statistics for three years is as

into

A

follows:
1S74-S.

Gross earnings.
Op. expenses

Net earnings

18T5-fi.

187ti-7.

$18,660.^(87 81-.',227,511 $lv, 149,910
8,510,850
8,130,159
7.')5lfiVi

$4,530, It!?

$3,117,161

$1,391.31:

(V. S5, p. 5»«, 641; V. 26. p. 65, B4, 106,2 7,316,
393, 445, 496, 575, 053; V. ;:7, p. IJj!.)

Philadntphia <t 7y«-»ton.— Leased to Pennsylvania
Rsllrcad with United New Jersey companies at 10
per cent on stock.

—

PhUndi''phia, Qennanlotcn <t Xorristown. Leased
ror99fl}enrs to Philadelphia A Reading at 13 per
cent, on stock.

I

Date

ol

of

immadial* notl«a

ol

aar error dlae»r«re4
DCTEKEHT OK in

In tlif«e Tablns.
I'ruiot-

1:

Amount Rate per When
{Where
Vofue. put.t«udJng
Cent.
Payable

^'I'ar""'

Road. Bonds

limn, K<>ld,conp. or teg
J>eb«ntnr« lonn ((M>nvi>rtll>lo IsTt.icj) coup

'2d

Miles
uote*

ICeaill»iu~(Conliiiur<l I—
Consolliliiit'il molt., dollar loaii.coiipou or reg

Philadfhth in

(riTinK

n„„v. „ - Ijut

l'.>v,ti.,,.

Whom.

UlvldenO.

X

I'KiUidtlfihitt

t

bjr

xxtU

PhAlade'phin, Wilmington it BaUinutre.—ftH ehmngs, year ending Oct 31, 187", fl,!' 3,4:Jii, leavinga
BnrDliia income of $98,^121 above payment of all
Last annual
chiir::e« and 8 per cent dividcn('s.
(V. 25, p. 13S.)
report in V. ii6, p. 191.

PUlaburg <t ConnellmWe.— On .Ian. 1, 187fi, a transwas made by Cliy of Ba timore to Baltimore &
Ohio Railroad for tl.OiO,noo, and the consolidnted
mort.iTftgc made for £2,200,1(10, and giian-.ntetd by
Gross earnings 1876-7, 4^1,388,4;^; uc
B. A O.
$406,418. (V. 24, p. 135.)
fer

PUtsb'trg, dndnnotl <t St t'Mris.— This company
lcasc^ several roads and is Itself controlled by the
Pennsylvania 3o., which holds a majority of the

stock. Common stock, $^5ii8,U(K); ist pref.,
$i,»a8.6i«; ad prcf., l;3,(K!n,iiO0. Gross eamin^'s In
18r- ot r.iad proper f3,0!l7,96;; net, »l,n75,04"; snrLo8< on lea-ed
pliiB over liiti-rest, &c, ^302,141.
(V. V>, p. 619; V. S8, p. 200,
lines, Ac. $48.3,926.
415, 4116, 5*); V. 27, p. 97, 20O.)

capitiil

FUUburq, Fori Wayne

<ft

Cafcoffo.—This road

770
779
770

1871 91,000 $10,649,000
1871
1,000
o.mm.ooo
1871
1,000
968,000
1873
1,000
10,499,000
745 1873
1,000
0,364,000
780 1874
1,000
19,086,000
1878
1,000
1,803,000
1877 10 Ac.
2.820,000
1877 00 ie.
1,708,000
1872-4 1,000
13,036,500
1872
1,731,000
20
iijo
1,2.59,100
34
50
2,231,900
50 11,561,250
1X2
95 18,'>8
500
205,000
1867
1,000
1,000,000
1872-4 1 ,(M)0
700,000
8O0.000
1875
1 ,000
1. 01 III. 0(10
149 1868
1, ()()()
:i'ji^i;o()
10 1859 100 iVi'
o.r.oi 1,000
149 1876
£200
0,-'J'J,ooo
200 1868
1,000
L'.r.oo.ooo
200 1873
1,000
117 1864
1,000
3,000.000
33 1864
1,000
773,000
468
100 19,714,285
468 1871
100
5,609,327
468 1862 .500 &c
875,000
468 1862 500 &c
875,000
468 1862 500 &c
875,000
468 1862 .WO Ac
875,000
468 1862 500 &e
873,000
468 1«(>2 r.oo A-c,
875,000
4(!S
.-.oil ,v,I <tl-.'
860,000
4(W l-iil-J 5011 ,Vc
800,000
403 liili-' 500 cVc,
860,000
468 1^62 500 Ac
800,000
468 1863 500 &e,
800.000
468 1802 500 &c.
800,000
468 1862 500 Ac,
2,000,000
1857
1,000
100,000
1874
1,000
1,000,000
50 1865
1,000
1,300,000
33 1862
1,000
580,000
25 1870 500 &C:
500,000
1876 100 Ac.
1,155,000
120 1876 100 &c.
313,933
30
1,583,000
1,000
90 1870
800,000
1871
1,377,900
80 1871 100 &c.
2,300,000
5212 1807-9 500 Ac.
700,000
5212 1870 500 Ac.
350,000
5212 1871 500 Ac.
450,000
52
1,500,000
100
52 1876
500,000
111% 1869
1,600
2,500,000
71
770,000
100
71 1872 500 Ac.
480,000
67
100
2,000,000
44 1870
500,000
1,000
1877
650,000
"97 1873
658,000
39 1862 100 Ac.
650,000
39 1864
350,000
1,000
41
1,,500,000
181
ioo
7,000,000
79 1871
1,000
1,925,000
199
100
4,000,000
508,480
"l6
124,200
1867
1,000
1,707,500
142 1874
1,172,000
49
500,000
29 1873
500,000
67,778
299,917
450,000

««
6

««•

D. Phlladeliihla, OHIci
U. PbllHflelphla A I..ondon.
Philiulelpbla, Office.

I).

do

J.

7

7

London

J.

A I>.
A J.
A
Various
M. A 8.
Q.-J.

21s

3
4
6
6
6
6
7
6

A
A

A

I'lilladelnhla.

Philadelphia, omco.

do
Ix>ndon

A

J.
J.

A.
A.
A.

ivr.

'4'

7
6'

do

do

do

1892
9, 1878
3, 1878
2, 1878
do
do
July, 1884
do
do
April, 1887
Phll'delphla, Co.'s Office Oct. 1, 1892
do
do
April 1, 1900
Bait., Bait. A Ohio RR
July, 1898
Pittsb., First Nat. Bank Aug. 1, 1882
IvQndon, J.S.MorganACo Jan. 1, 1926
Phlla., Pa. RU. OHlce.
Aug. 1, 1900
do
do
April 1, 1913
N. Y. Agent, 57 B'wny.
May, 1884
Phllo., Pa. RR. Office.
Jan., 1800
N. Y., Winslow, I,. A Co. July 2, 1878
do
do
July 1, 1878
do
do
July 1, 1913
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
Philadelphia, Office
Feb. 1, 1896
do
do
Apr. 1, 1882
do
do
July 1, 1890
do
do
Feb. 1, 1896
do
do
Feb. 1, 1896
Philadelphia.
April 1, 1902
July
Treasurer of (lo. June
Philadelphia A Boston. July

do

J

A J.
A J.
AN.

M.

8.

Richmond,

1^6

ings, 1877, $34,610.

—

Ogdensburg. The two '*lvi«ionii were
consolidated March, 18^5, as one company.
In
March, 1876. Company piissed the interest on
its binds, and funding proposals were offered.
Receiver appointed October, 1.S77. anrl forccl'.sure suit
is pending.
R. port *)f committee and plan of re.
organuatinn, V. 26, i>. 575. (V. 25, p. 1 iS, 298, 335,
408, 53.3, 592; V. 26, p. 41, 81. » 4, 515.)

Portland <* i?o<;A«/<r— Interest In default, and
receiver appointed in .lanuary, 1877.
The report
for year cnilln^ August 31, 1877, shows g.oss eariiines, » 1.33.896; expenses, »H1,820.
(V. S8, p. 354,

1875
1875

.1.

cent for

V.

56S;

two

years.

1881--90

(V. 21, p. 372, 431, 592: V. 42. d.

24, p. 445, 5j2.)

Prt nojial.—'Vbe Georgia Railroad enarantee«
f.iOO.OOO of these bonds; sale .'n foiecmsiire was
m.ide Jane 6. I(ir8, to Union I rust Co. f r »50J OOO
'
"
(V. 25, p. 9J; V. 21, p. 93, 493, 654.)
Portsmouth. Great Falls

<6

Cbnway.— Opened la

1872, and is leased by Eastern Railroad, Massachasetts.
The 1 .iter is not liable for the bonds ^(V
27, p. 15, 97, 115.)

Providence ct Worcester.— yet earnings year ending September 30, 1877, S'239,695; norcs pavable

bonds

.Mortg.ige

$1.4)8,001).

(V. 83, p.

518;

for $2,000,OJO auV. 25, p. 476; V. 26. *^
d.
'

Ilideigh

dt.

Gaston.— '^et enrnings

ogaiuat $85,749

Reading

dt

ill

1676-7.

1817-8, $107 185.
(V. 27, p. »4.)

CclumUa.— This road

controlled liy the Philadelphia
Floating debt, $1,093,494.

Heading
road;

333.)

1888

A O. New York or Richmond
A J.
Londim.
A7 V.iriou-s Richmond, Office.
8
J. A J.
do

ntlsburg Virginia <t Charleston. —Ot these bonds
the Penncylvania Rallr"ad owns $500,000. Net earn-

170; V. 25, p.

Jan.

6-70 A.

Pittsburgh Titusville <fc BufiUo.— This was the Oil
Creek & Allegheny River road. Sold In foreclosure
and re-organized Dec. 29, 1875. Defaulted August,
1878, on consol. bonds. (V 25, p. 39; V. 27, p. 137.)

p.

Nov. "l,"'lS89
July 15, 1873
Doe. 1, 1892
July 1, 1878
July 1, 1880

1880
1, 1875
1878 to '90

Office.

do
N.Y., City Nat. Bank.
do
do

thorized.

V. U,

May, 1891
1, 1887
1887
1891
July 10, 1878
Oct. 1,
Sept. 1,

Union Nat. Bank. Mch.

N. Y.,

94.)

37T;

Nov., 1901

July

1897
1898
1, 1882
J.
I). Columbia, First Nat.B'k
June, 1884
Nov., 1902
J. a" J. N. Y., Nat. B'k Com'rce. J'lly 1, 1873
M. A N. N.Y., Del.A H.Canal Co.
Nov., 1921
J.

6*3.)

A

Jan., 19(X>

Jan.,

A
A

6

6g.

1890

July, 1883
July, 1882
1892 to '94

Phllarlelphia, Offlco.

do

M.

6

leased July, 186!1. for 999 years, to Pennsylvania Railroad, at a rental equivalent to interest,
sinking fund of debt, and 7 per cent on *ir'.714,28«
stock, whi- h was increased at that time from
$1 1,5(10,000. The le.ise was transferred subsequently
to the Pennsylvania C''mpaiiy. The lessees to keep
the roa.l in repair, and also pay tuxes, expenses,
etc.
Pittsburg, Fort Wayne & Chicago leases the
Newcastle & Beaver V'alley and the Lawrence roads;
which in turn are leased again by Pennsylvania Company.
New stock of $5,6'9,827, issued to Pcnn,
Kailroad for improvements, Ac. is under article 16
of lease. Net earnings, 1S77. $2,»5«,14(i; profit tn
lessee, $154,('2i. Sinking fund f(.. D.,iide amount!* to
$2,I57,7.")5.
(V. 22, p. 588; V. 24, p. 5iO; V. i6.

Portland

1,

I,
1,

1011
1011
1011
1803
1897
1908

Phlla.,

.r.

6

Oct.

July
Dec.

Philadelphia.

A O.
A O.
A O.
J. A J.
F. A A.
««• J. A J.
F. A A.
7
A. A O.
6
M'nthly
7
J. A J.
1%
15*
Q.'-J.'
7
J. A J.
7
F. A A.
7
M. A 8.
7
A. A O.
7
M. A N.
7
J. A D.
7
A J.
7
F. A A.
7
M. A 8.
7
A. & O.
7
M. A N.
7
J. A D.
7
A. A O
7
J. A J
8
A 8.
7
F. A A
7
A. A O
J. A J
7
F. A A,
7
F. A A.
7
7g. A. A O.
J. A J Boston, First Nat. Bank
do
6g. M. A N
do
6g. M. A N. New York and Boston.
6
J. A J Boston, Columbian B'k.
A. A O
7
do
do
Various
6
do
do
3
J. A J
Boston, Office.
do
do
!)^M.AN. New Y^ork and London.
I'- J. A J. Bost., Eastern RU. Co.
6
J. A D.
do
do
2
J. A J.
Providence, Office.
6
J. A J.
do
do
7
7
7

June,
June,
June,
Jan. 1,

Philadelphia, Otttee.

Q.-M.
J.
J.

do

O. I'hlla<leli>hla or I.,ondon

.7.

was

p.

A
A
A
A
A
A

7
6g.

db

bciun

in

is

operator and

Reading Railroad.

Lehigh.—This was the Berks Count

sold out, and

Reading, March.
suii

A

1875.

A

Icised to Philadelphia
for 99 years.
Foreclosure

Feb., 1878.

(V. 20, p. 63, 267: V.

it

p. 26'i.)

Pen'stlaer <t 5Tra&«70.— Leased May 1, 1871, to
Delaware A Hudson Canal Company. whIchjMys Inon bonds and 8 per cent on slock, (v. S6, p.

terest

Itichtnond <t DanvUU.—Gttm eamingt 187t-7
$909,311; net. *292,59I. This comoany leases
N rth arolina Railroad and the Piedmont Railroad
and forms a throiigh route with the Atlanta
Richmond .\ir-Llne. 'The Penn. Railroad took $1.000 000
of the n- w bonds. (V. £i, p. 1 80; V. 24, p.
•
j70; V. M, p. 1 1 5.)

Uw

A

288

—

Richmond, Frederidttburp S Potomac
Portland, Saeo <* 7%rf»moufA— Leased March 18,
Oroea
1871, to Eastern Mass. Railroad foi 99 years at 1() eaminits 187'-76, $S67.U('.9: expenses, $177,793: net
c»mlags,
mudtticd
$190,175. (V. 83. p. 9 i I ; V. »7, p. 66, fe)
Dec, 1879, to 6 per
per cent per annum;

..

BAILKOAD STOCKS AND BONDS.

XiVlH

[Vol XXVII.

Sabscrlbers will confer a great favor br givlns Immediate uotlce ot any error discovered In these Tables.

INTEREST OR DIVIDENDS.
When Where Payable, and by
Payable
Whom.
Cent.

DESCRIPTION.

Miles Date
of
columu headingB, &c., see notes of
Road. Bonds
head of Hist page or tables.

Por explanation
at

Richmond

tlie
<£•

Petersburg— 1st mortgage, coupon

1870
1875
1878

25

New

moi'tgage
Sochester <t Siaie Line.— 1st mortgage

i'o'ij

<* Ogdensburg—Htoek
Ist sinking fund mort., Wat. & R
General mortgage, sinking fund

409
97
190
190
360
120
120
120
120
120
115
115
207

Some, Watertown

2d mortgage
Consol. mort., convert,

till

July, '79, coup

B«((ond— Stock, common
Preferred stock

-

Equipment mortgage bonds
do
general mortgage
do

New

d- ires(ern-l8t M.St. Joseph & Paoiflc.
Ist mortgage
Louis, Alton <* Ten-e irautc-Stoc'k
Preferred stock (7 per cent yearly, cumulative) '
Ist mortgage (series A) sinkmg fund. ] -g
Jj^
Ist mortgage (series B) sinking fimd.. .= «-; g
- ^? «
1
2d mortgage, preferred (series C)

St.

Joseph

Kansas & Nebraska,

iS(.

1855
1861
1872
1874

1870
1870
1872
1876
1876

.

1864
1864
1864
1864
1864
1870

.

,

2d mortgage, ipreferred (scries D)
fs-s^jjl
2d mortgage, mcome
o S Sa
Equipment mortgage
Jo &<"[
St Louis, Iron Mountain <t ,SoM(Acr«—Stock
1st mortgage, coupon
2d mortgage, gold, coupon, may be registered
I

(8. f.

2d mortgage bonds, A
do
do

do
do

M., gold. conv. s. fund
Consolidated mortgage, gold, sinking fund
Evansville Henderson & Nashville, Ist mort

210
420

Tcrre Haute— 1st M. s. f. guar
Louis Yandalia
mort., sink, fund ($1,600,000 guar.)
Paul Pacific— First Division —
g f 1st M., 10 miles, St. P. to St. Anthony
•S
J 2d M., St. Paid to Watab. ($700,000)
^ 1 3d M., land gr't, St. P. to Watab. ($1,200,000)

St.

<C-

2d

St.

B

$1,000
1,000

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

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

500 &c.
1,000
1,000

500 &c.
1,000

1867
1872
1874
1870
1872
1870

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

1865
1874
186S
1876
1876
1876
1874

1,000
1,000

100

B, gold
C, gold

Land debentures
,8^. Louis A Southeastern— 1st

Outstanding

100

686
210
210
686
100
72
300
525
354
354
293

after 1880), coup., may be 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 <£ iV.— Stoclt ($12,000,000 pref.)
1st mortgage (North Missomi)
Real estate and railway 2d mort
St. L.a S.Francisco.— 1st M. (So. Pac), g., (I'd grant)

Cons. M. gold

Amount

of

69-71

500
100
500
500

&c,

&e
&c,
&c,

1,000

500

&e

8

7
7

M &

3
7

J.

.

250 &c.
250 &c.
250 &c.

120,000
366,000
1,096,000
1,114,000
1,500,000
1,700,000

Consol. land gr't
do
($2,800,000)
1st M., St. Anthony to 150 miles west
2d M.,& Ist 1. g., St. A. to 150m.W.($3,000,000)
3d M., 1. gr. on 1.50m. W. of St. A. & Ist M. on
1^ 60m. more with 1. gr. ($6,000,000)
4th M., St. P. to Breckomidge, 2d on I'd gr.,
150m. ($3,000,000)
St. Paul it Pacillc— 1st mortgage bonds
St. Paul <£• Sioux
Pref. stock, (Div. on $475,000)
Common stock
Saginaw Valley <& St. Louis. Ist mortg., coup
Sandusky Mansfield tC- Newark Re-organized stock
1st mortgage, new
Savannah & Charleston C. &. S.., guar, by S. C
Funded int. bonds, S. &. C. BR., guar, by S. Car...
1st mortgage. Savannah & Charleston
Savannah i£ Memjyhis 1st mortgage
Schenectady <£ Vuanesburg 1st M., guar. D. &
.
Schuylkill 'Valley Stock.'.
Scioto Valley— 1st mort. (s. fund $13,000 per year)
I

f

210

1868

250 &c.

5,700,000

220
140

1870
1871

1,000
1,000

1,000

0.

J.
J.

1880 to '86
1, 1915

May

do

A T.

Co.

do
do
do
do

July 15, 1875

do
do
do

S.

N.

Dec. 1, 1891
Jan. 1, 1892
July 1, 1904
Feb. 2,'i875

May

do
do
do

New

A, J.
&. 3.

7
7
7
7
7
10

J.

A.
K.

M
M

M

7'

7

g.

7g.
7g.
7g.
7g.
"7
7

%'
2 &c.

2 &c.

7g.
?«•

K. "&'a. N.Y.,Offlce
N.
York

M A
A.
J.
J.
J.

&
A
A
A

0.
1).

New
do
New York,

Nov.

J.

M

V.
J.
J.

M
M

J.
J.
J.
V.

1880
1880
1902

19—
19—

Feb. I,'i878

1894
1894
1894
1894
1894
1880

st.

Aug.

do

April

Co.'s Office,

do
do

May

June
June
Jan.

N.Y.,Nat Bkof Com'rce
M A S.
do
do
.1.
A J. N. Y., Trask A Stone.
M A N.
do
do
M A N.
do
do
M A N.
do
do
(i-J.
do
do
.T.

1,

20 Nassau st
or London.

do
do

D.

1,

Sept. 1,

York.

&"j. N. Y., Otflce 12 Wall
A. (».
do
do
do
do
ft. A.
& N.
do
do
do
do
A N.
A S.
do
do

1880

Sept. 1,

Boston, Treasurer,

N.

—

Last
Dividend.

"2'

(£•

1,000
1,000

M &

7
7

do
do
do
do

Stocks

Office,

N. Y., Farm. L.

P. 'k-'k.

M A.
M &

7
7

1862
1862
1862
1865
1864
1864

A.

&
&

8
8

1,899,000
2,600,000

10
76
76
76
150
150

&

M &

7
-

Richmond,
do

0.

N.

J.
S.
J. A, 1).
J.
J.

'sifis

10

98
158
158

A.

7
7
7

350,000
3,250,000
5,145,000
1,000,000

1872
1867
1867
1868

1,000
1,000
1,000

*

$175,000
31,000
2,180,000
3,147,600
366,007
975,107
1,000,000
4,250,000
2,479,700
4,168,700
500,000
500,000
1,212,000
1,900,000
1,900,000
2,300,000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
300,000
21,028,761
4,000,000
5,927,000
4,428,000
2,500,000
1,500,000
8,000,000
24,000,000
6,000,000
3,000,000
7,194,500
293,200
2,476,000
2,295,000

Jio?iffs— Principal, when Due.

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

1892
1897
1914
1897
1897
1891

1895
1904
1888
Nov. 1, 1906
Nov. 1, 1906
Nov. 1, 1906
Jan. 1, 1884
A N. N. Y., G. Opdyke A Co. Nov., 1894
do
A A.
do
Aug.. 1902
A J.
do
do
July 1, 1897
A J. N. Y., Third Nat. Bank, Jan. 1. 1897
AN.
do
May 1, 1898
do
a'.t.

A S.
A J.
AD.
AD.

A

N.Y.,J.S.

July

KennedyA Co.

1881
1892
1892
1892
1894
1894

do

do
In default.

do
do

A.

M AN.

1,

Sept. 1,
July,

do

I

I

C—

—

34I2 1872

—

116
116
101

1869
1853
1808
idi 1869
60 1870
I4I2 1874

—

—

—

RR

—

H

11
98
80
80

—

Seaboard tC- Roanoke Stock
Ist mortgage
Selmad: G«;/— 1st mort., guar, by Alabama
Selma Marion Memphis 1st mort., end. by Ala..
Selma Home d; Dalton 1st mortgage
2d mort., Alabama & Tenn. River RR
General mortgage for $5,000,000
tC-

—

—

•

<£•

500
100 &c.
500

1,050,356
2,301,000
505,000
111,800
500,000

1,000

2,4-'3,000

1,000

100 &c.
50
500 &c.
100

i851
1870
1869

1,000
1,000
1,000

50
500 &c.
1,000

500 &c.

500,000
576,050
1,250,000
1,350,400
210,000
16,000 p.m.
16,000 p.m.
838,500
241,000
3,000,000
869,450
1,994,000
750,000
850,000

874,500

8
8

2

7
6
7
7

Floating debt partly retinid with second mortgage
bonds. (V. 24, p. 90. 273; V. 26, p. 68, 288, i7i.)
St. Louis <6 San Francisco.— This is the re-organization of the Atlantic & Pacific, sold In foreclosure
Sept. 8, 1876. The Atlantic A Pacific was a consolidation, in 1870, of the Atlantic & Pac. and So.Paciflc.
The land grant amounts to some ].000,ii00 acres.
The interest on bonds "B" and "C" is 2 per cent
for 2 years, 3 for 3 years, 4 for 1 year, S for 1 year,
and 6 afterward. In 1877 gross earnings were $1,3i3,9l8; net, $;39,li5, against $675,047 in 1876. (V.
24, p. 543; V. 25, p. S82, 457; V. 26, p. 2-1 l.i

The laud giant of 30(1,: 00 acres is in
trustees, for the bemflt (if the holders of
the land scrip (if $2.'25().oeo
Gross earnings of
road in 1877, f5.3r,SSt); operating expenses, $.17.1,906;
rentals. &c., and taxes, J140,415. (V. S4, p. 322, 4«9;
V. 26, p. 289.)
St. Louis, Alton <t Terre Hauie.—The main line—
Terre Haute to E St. Louis and Alton Branch— wus
leased June, 1867, for 99 years, to Indlanan.
St. L.
at 80 per cent of earnings (but $l.'j(',i)00 a minimum).
organized.

hands of

Louis

Southeastern.— In hands of rece:ver.
Annual report, V. 2«, p. 263. (V. 43, p. 649; V. 21,
P. 203, 322; V. 2), p. 263, 304.)
St. Louis, Vandaiia <fe Terre Haute— The com.
"tock is $2,383,315; pref., $1,451,700. This road is
leased to Terre Haute & Indianapolis at 30 per cen;
of gross can ings. In 1877 gross earnings, $1,118,470.
Bonds guaranteed by Terre Haute A Indianapolis,
iiy Columbus, Chicago & Indiana Central, and Pittsburgh, Cincinnati A St. Louis. (V. 24, p. 1 10; V
St.

.

A

<6

165)

I

I

J.

1898

1900
1901
1876

Oct.,

M.ny 1, 1902
IstN. Bk., Sandusky, O. Oct. 1, 1875
JiUy, 1902
Y., Union Trust Co.
S. Charleston, Ist Nat. Bk. March 1, 1877
S.
New York,
Sept. 1, 1899
do
J.
Jan. 1, 1889
N. N.Y.,Lanca8tcr, B. A Co. May 1, 1890

a" J. N.

M A

M
M
M

A
A
A
%'
A S. Del. A Hud. Canal Co. Sept. 1, 1924
2I2
J. A J.
Philadclpliia, Office.
Jan., 1878
J. A J. N.Y., Winslow, L. A Co.
Jan. 1, 1896
7
M A N. Phll.,Townsend,W.ACo. May 1, 1878
31a
K. A A.
do
do
Aug., 1880
7
A. A 0.
New York.
8
Jan. 1, 1890
M. A S.
New York.
8
Sept. 1, 1889
J. A J.
7
New York, Office.
Jan. 1, 1872
do
8
J. A J.
do
Jan. 1, 1864
A. A 0.
do
7
do
April 1, 1887
3
V. A A. Philadelpliia,Treasurer.
Feb., 1878
do
do
July, 1901
?«• J. A J.
J. A I).
N. Y., (In default.)
June, 1884
A. A 0.
8
do
do
October, 1896
A. A 0. N. Y., N.Bk. of Com'rce. April 1, 1889
7

368, 6i5.)
St. Louis, Kansas City e6 .VorWfrn.— Half the stock
18 prif., 10 per cent yearly, but not cumulative.
Gross earnings in 187?, $3 117,173; net, $1,250,7:3.

Some, Watertown <£ Ogdensburg —The last report
shows gross earnings in 1876-7 of $l,a55,2il; expenses, $912,134; net earnings, $313, 3ii. Default was
made on coupons consol. bonds Apii', 1878. (V 22,
p. 493; V. 26. p. 334.)
Ji!u(tend.— Leased January, 1871, to the Vermont
Central. Terms modified m July. 1874.
Defanlt
made on rental, and le.ise asain modittcd. (V. S3, p.
110; V. 25, p. 137; V. 27, p. 121.)
SI. Joseph & lfc(ei7).— The St. .lo. and Denver
City was sold in fiireclosure Nov., 1S75, and re-

m

446,000

50

7
7
2

The net earnings have been applied to floating debt
rather than to pay bonded interest. A suit is pending in the U. S. Circiut Court of Missouri. (V 25
p. !U, 138, 188, ;29, 809, 338; V. 26, p. 287, 342,

'.

This was guaranteed by thies otlicr companies; see
V. 26, p. 614, 651. In 1677, gross earnings were $953,570, against $1,072,403 in '76. The Belleville Br. and
Extension earned net in 1377, $131,54;;. Coupons
due August, 1878, on 2d mort. bond < were ujs'ed.
(V. 26, p. 417, 614,625, 631; V. n, p. 17, 140.1
St, Louis, Iron Mountain <fi Southern.— Taere are
also tee^.OOO of Cairo & Fulton Income bonds.
Gross earnings, 1877, §4,500,422; net. $2,131,901. In
1876, the company funded three coupons on all
bonds except the old lirsts, but when coupons fell
due Nov.. 1876, they were paid only
part
Half
Interest only is paid on the mortg. bonds, except
4ie let mortg. St. L. & I. M., which is paid in full.

40
50
100
100

i',6'o'o

1876

"28
28 1871
78 13 1864
7812 1871
32 1869

Shamokin Valley A PoUsville—Stoc\i

1st mortgage, gold, on road and lands
Sheboygan d: Fond du Lac— 1st mortgage
1st mortgage extension
Shenango Alleghany— 1st mortgage

Richmond & Petersburg.— In July, 1878, 2 per cent
dividend Tuade on stock of $1,( 0S.(iO
Gross earnings year ending Sept. .30, 1877. $137,116: net,
$47,871. (V. il, p. 15; V. '24, p. 62.)
RocMsler & Stale itn'.-Bonds sold in N. Y.,
July, 18t8.
Road runs from Rochester, N. Y., to
Salamanca, and Rochcater Ciiy f urui!!hi;d $100,000
towards its con&li-uctioi:.

100

121
121

1,500,000
15,000,000
2,081,800
2,400,000

AN.
do
J. AD.
do
J. A J.
do
<} .—J.
St. Paul, Office.
J. & J.
M. A N. Now York, 9th Nat. Bk.
M.

26, p.
St. Paul <t Pacific, First Dlvis'wn.—The 3d mortg.
of $6,00U,0',iO ha-i the additional security of the
$1,50 ',000 first mortgage bonds held by its trnstt-es.

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 arc in progress, and the railroad has been in possession of the trusiees under
the mortgage deeds.
An import lut negotiation for
taking up the bonds has been consummated.
(V
25, p. in, 154,408. 424, 458, 641; V. 2b, p. 2i6, ZU,
342, 4.i0, 575; V. 27, p. 42, 68, 149.)

J.

—

SI, PjuI & Pacitic.
The road is In hands of Reand the bonds are all held in
Holland. The mortgage is being foreclosed. (V. 24,
p, 510; V, 26, p. 316, 342, 420, 436, 575; V, 27, p. 42,

ceiver of U. S. Court,

6S, 149.)
St. Paul dk

Sioux

C

acres of land unsold.

tjy.— This
(V. 24, p.

company has

298

;

V,

727,766

86, p. 548;

171.)
Saginaw Valley & St Louis.— Has a traffic guarantee by Michigan Central, Net earnings, 1876,
V.

2r, p.

$48,853.

Sandusky, Mansfield <ft Newark.— This road is
leased to the Central Ohio, and the lease guaranteed
Ohio. (V. 19, p. 584; V, -.8, p, 290.)
Savan'ak& Charleston. Road in hands of receiver and decree of sale made. (V. 22, p, 615.)
Sav nitoh -f Memphis Defaulted after the crisis
of 1873. Net earniuffs, 1875-6, $16,118.

by Baltimore

A

—
—

Schenec ady & J>uanesburg.—Oit'ii\t&\ ttock is
owned by the D, A H. Canal Co.,wh:ch runs the road.

A

Schuylkitl F(i//ey,— Leas(;dto Philadelphia
Reading, with 5 per cent dividends.
Scioto Valley. This new road, from Columbus to
Portsmouth, reports gros« earnings of $116,853, and
net 58,.37e, from March 6 10 Dec. 31, 1877,

—

Seaboard cfe Roanoke. — Net eaniingg year ending
March 1, 1878, $167,938. Report V. 21, p. 276.
Selma *& &'«^-Interest in default. Foreclosure

sale attempted Nov. 19, 1S77, but
(V 24, p, 299; V. 25. p 3.35, 593.)

no bids madfi.

Seima, Marion <fc j/em;)Ai«.— Defaulted 1872, To
be sold July S, 1878. (V. 28, p. 575.)
Selm'i, Jio7ne A Dalton
This was formerly the

—

Alabama & Tennessee River. Interest in default,
and road to be sold. (V. 24. p. 586.)
Shamokin Va-ley <fe Pottsvi'le.— headed February,
1661, to Northern Central,at7per cent on bonds ana
6 per cent on stock.
Sheboygan * Fon d't £««.— Defaulted 1873, Gross
earnings, 1877, $10:1,011; net, $12,J01.

(V.

24,

p.

34,i; V, '26, p S21,)
Shenango <£ Alleghany.— LeaseA to Atlantic &
Great Western, and ** rental trust bonds'* issued.
Gross earnings ia75, $301,039; net, $114,699.
198,

..

AUU08T

UAI1.R0AD STOCKS

1878.]

31,

»uferlhera

.

grot

will coaftr

tfcvor

DESCRIPTION.
For cxplunntlnii of
lit

Ac,

coliiniii hfiKllnK'i
lli'Ht |>.a^'e (if

lii'iiil (if

itt'e

by gJTlng
Date

Size, or

of

of

Par

Road. lionds Value.

SO

Shore Line K'»it/i..(— Stock
1st
tirairt*. ociiiHt ruction boiifla

mm

106

'

122
124

grunt

—

.23

poMM'stjc hiindH (I)
l).iln.'«llr ImIuIs (K)
Sit, ,r .\n. Ahihaina
l8l M., endorsed by Alabama.
Ht»rliiij^ mnrt., «. fund, guar, by L.
Suiilliini of Loiiii Islaitil—lxt mortnaKC (8. Sidv)..
LM iiiiirtiiaKc IS. 81(le (iBt niortK. s. fund)
.M,,rti:nKi' bonds, iSouthem of L. 1
Siiif/iir/t f'eiilnil (X. 1'.;— l.ft inortKiwc
2d ii.ort. tiold (^100.000 end. by LehiKh V. RR.).
SoiiHu-rn Iowa «C- Vetlar Kapitts—lut niort.. gold..
Suutfiern Minnesota
1st mortgage, couHt ruction.
Southern I'ariyle (tVi/.)— let mort., gold, land gi".

—

m

69
114
114
87
170
712
24

—

SouUtern I'en'nifi/leania—ltil mortgage, gold
avtUhvestern ^(.'(i.>—Stock, guaraut'd 7 per annum
Oimpany bonds, convertible into Htock at par.
''ittan/i£ Asheciltc~\»t mortgage, goUf.
rFtelii Athot (f- .Y. K,
Ist mortgage
u'j Mottutain {X,Y,)
Ist mortgage
littKKhin if- Copoeroitolis Ist mort., (guar, by O, P.)
Syrfi<- nae Batfjhatnton t£ N. 1'.— Stock

1

L.

Tervf Itaule

i£

"ioo

30

1876
1865
1875
1875
1867
1876

7'3

30
81
81
81

& W.)

—Stock
Indianapolis— Stock

Itraneh

1,000
1,000

48>3 1871

20
20
113
73

il'a.)

mortgage bonds

si

1871
1871
1871

257

—
—
—

Sittiuiiit

100 &c.
500 iVc.
500 Ac.

1868 Various
1868
fiOO
1872
1806
'.Voo
1868
100
1870
1,000
1873
1867 .500 &c.
1870 500 &c.
1874 500 <te.
1869
1.000
1872 100 Ac.
1870
1868
I'.oob
1875 500 &c.

183
183

&N

mortgage (now tlrst)
Coiisol. mortgage (guar. D.

1865
1868

"ibo

242
242
242

'

*Jd

$1(K)

ftO

/'rtri//r— lat iiKtrtKAff**
:i' (j^ovcniiiu'iit sulffiidy)
..vf.y'nii/— 1st iiiort^oKO, gold, I'd
1>1 iii..iii;ai;o, i-Hrroiic.v, for $a,100,00«
Soiiu isri
l »t IlKirtKllKcj gold
nuiiiii r<iiu/i'>irt— yiciik
let luiirtga^H', Kt*Tliiiir lonn
diithii- boittlH (L)
do
2d iiKirtiraKc (fi)r .*j,000,000)
>

1869
1873
.V. Orleans of '74— let mortg. land gr., coup
ibtj
1875
Terns
444 1875
i'act^c— 1st mort., gold, coup.($8,000 p.m.)
r««.v
444 1875
2il mort.. con.sol., gold, coup. ($17,000 p. m.)
444 1875
liio.uH' iiml land mort., reg. (7,(i(K),000 acres)....
50 1876
Ttrds ll.sf.rd— (Narrow g.)— 1st M., 1. gr., gold
IWfWi), I'Kiriatt ICurKaio— l8t mortgage (W. Ulv.).. II6J2 1866
110% 1864
Ist mortgage (E. Dlv.)
II6I2 1866
2dmorti,'ago(W. Div.) convertible
227 1870
Consolidated mortgage (for $6,200,000)
10 1871
l.sl mortgage (Burlington Div.)
Itoston — Stock
53
IVof/
18'74
35
IM mort '-'age, consolidated
1 si
mortgage
Bomlsot 1873

rf-

<t-

C'<tn\ ft tii'k' bonds
Troij I'niiiN -1st mortgage,

mortgage, gold, on roiwl and equipment
(government subsidy)
do
do
on roiul (2d on land), sinking fund. 1,038 1874
3d
1867-9
on 10,764. i)17 acres
grant
bonds
liand
1871
Omaha bridge bds, st'g, (s.f. about $30,000 yrly)
Central
Branch—
1st,
mort.,
gold
100
1866
(Pninn Pucijle,
100 '66-7-8
2(1 msi-tgage (government subsidy)
Canal
Companies—
Stodk
379
nil.
Vnilcd .V. J.
1871
(general mortgage, gold, coupon
1871
United Co.'s nu)rtgage. sinking fund, registered.,
1871
sterling loan mortgage, sinking fund
do
1871
do
do
do
do
do
1 St

2il

tt-

,

consol. mort. (slnk'g fund after 1880)
& T. Co., 3d loan due State of N. J
Utah Ce>i(rfii—Stock
let mortgage, gold
VUth .Soi((/i<r;i— 1st mortgage, coupon
Vtiea <f: ninck Kirer—Stock

mortgage bonds of July, 1868
Mortgage bonds, 2d issue
Ist

Shore Line.— Leased to

New York & New Haven

Old stock was exchanged for
it $100,0X1 per year.
Gross carulngs, 187(i-7, 834!,371;
ill .July, 1873.
(V.8I, p. 63.)
Del. Sl«*j9.

new

on prof, stock
paid .\i)ril, '18 For yc.ir ending Jnne .50, 1878. gross
earniii 's wore $W2.4-9, and net earnings S;i8,^l.
(V. a. V. 515, 599; V. 27, p. 98.)
.Vi./ '<
City dt St. Pau!.— There are also $502,000 2d
morv i>)ads, SHi.OOS equipment, and $a!ifi,600 inLands sold m l.i77, 40,664 acres. (V.
come linnds.
.Sir. ij'

»,

p.

Cl'y <£ Pacljie.—V)\v. of .3X

iI2;

V.

56, p. 290, 471,

Am^Ascf.— This road

is

494.

549, 567.)

leased to

Maine Central.

South Ciro/ina —Gross earnings in 1377, $1,020,$69J,T5i; net enrnings,
lip. rating expenses.
..''','.
A pro|)'>8al is made for concessions by id
lumdhoklurs. (V. J6, p. 217, 342, 39J, 418,
V. 27, p. 42 )
,t H'ort/t Alabama— Operntcd by Louisv.
which hold' a majority cf the st ck, and
<'8 tbe bonds
and holds $1,000,000 of 2d
bunds. Prcf. stock, $2,000,000.

S64;

SIJ

,

A

Son hern, »f Lnng Island. -Leased to L. I. RR
ire also $60,000 6 p. c. mortg. bonds on
Rockaway branch. It is proposed to 'scale" all
boBds except Isl South Side. (V. 26, p. 471, 6i6,U4;

Thori;

V.r,

p. 66.)

New

SO'it/wrn Central.— Tarms an extension into
ite for Lehigh Valley, which company endor?^- $400,000 of second mortgage bonds.

York St
S'liith

Inva

<t

Cedar Rapids.— lu progress.

tnmwii 1(1 Ct'dar Rapids. la.
^Hith'rn .Minnesota.— ^aid under 2d
rc^)r_-anizc(l

twmds.

March,

Land grant

1877,
is

Ot-

stock being issued for

about

l,7rx),000 acres.

The

Ul lU'irtgaKc iiuiTcst is paid J. A J. at 7 per cent,
originally A. A O. at 8 percent.
(V. 24, p.
11, WS. 421; V. -iX p. 23 S, 403; V. 27, p. 67.)
Southern Pacific (6'o/.)— This road is controlled

The bonds arc in
parties.
D, of which " A" includes $15.part in $SUO bonds, all the others arc Sl.COO

by Central
ij0,0to,

Pacific

C and

,240,000

45O,(M)0
5,H19,'275

%'

1,206,.500
1,067,.500
6:t,500

7

391,000
5,211,810
750,000
1,500,000
405,050
1,500,000

8

1,.50(>.(»(M)

3,33_'.i)()0

29,300,000
625,000
3,892,300
399,000

5(X),0(K)

2,001,(K)0
270,(KK)
1

,750,0b0

75
168
75
87

G

7
7

7
~

»'i

7

1,600
1,000
1,000
1,000
1,000

100

1,0.'')0,000

6,459,000
10,000 p.m
1,800,000
1,600,000
1,300,000
1,5(X),000

250,000
1,609,000
1,384,000

1,000

ibo
1,000
1,000

7
?"'•

7
5
41..

7

7

%'

497,310
866,000
5,000,000
100,000
676,005
1,000,000
1,500,000
1,770,720
200,000
912,000

1868
1871

7
7
7
7
4
7

27,232,001)

2,000,000
1,816,000
1,800,000
154,000
500,000

100

g.

fig.

7

5.3(l0,(Xt0

1,000
1,000

ti

6

1,000

1,000
1,000

7
7

6.50,(KK)

100

£200

4

7

680,000
36,745,000
27,232,000
13.907,000
7,145,000
2,179,000
1,600,000
1 ,600,000
19,890,400

1,660

g.
g.

S-a

3

3,.j52,OO0
7, .548,000

g.

ZK-

'"50

1,600
1,000
1,000
1,000

g.

««'

7

18d2
1868
1870
1871

7

800,000
1,988,150
800,000
800,000

1,700,000

36»2

6

4,125,(K)0

1,000

M.

1,482,666
1,051,500

(!(KI,(>II0

2
8

7

8g.
6
6

g-

2'a

%'

Net earnings \h;2

A O.
do
do
A 8.
London.
8.
do
%' F. AA A.
Philadelphia.
Due 90 days after demand.
7
F.
A.
London.
A
%' F. A A. Philadelphia
Office.
Princeton, N. J.
6
J. A D.
Philadelphia
6
M. A N.
Offlci.
A. A O. N. Y., B'k of Commerce.
7
10
«
7
2
7
7

J.
J.

—

Syracuse, Binejhunion & Nero York. Operated by
& W., and bonds guar, by that Co. Last
dividend on stock (in 1~75 4 per cent (V. '.(6, p illi.)
Summit Branch.— Th\ti is a coai road, and leases
Lykens Valley. Net earnings in 1876, $151,665. (V.

V

lmilannpolls.—fMnxxix\ report,
Gross earnings, 187.V6. $l,03^,450; ex2t, p. 442.
penses, $721,109; net earnings, 8317,4)(i.
i*

of ift71.— The companv has
a land grant of 875,000 acres timber and aaricultural
Ttxets (t

yew O'leaw

la:Kls.

*

Paci/t.— Gross earnings, 1877-S, $2,331,-

310; operating expenses.

SSW.Wl.

$t,44S,439;

of ola land bonds

J.
J.

M.

3. $lft,673.

113.)

Oct.

Mch.
Mch.
Feb.

1894
1894
1894
1888

1,
1,
1,
1,

1880
1, 1883
1, 1889
Nov. 1, 1889
Feb.
Jan.

Overdue.
(?)

g.

Dei. L.

Terre Haute

A.

M.

Stockton cfc t'o;)p<To/«'i«.— Defaulted ,TnIy, 1374,
and old bonda of $1,O.X),000 exchanged for present.
(V. 21, p. 159. 16",3!«.)

85. p.

U.S. Treas., at maturity. 1896, '97, '98
Q'-J. Phila. and N. Y. Offices. July 12, 1878
M. A S. Philadelphia, Office.
Mch. 1, 1901

6g. M.

each. A sinking fund of $100,000 per annnm begins
in 1882, and proceeds of land ^alos also go 10 pay
bonds. The land grant is 12,830 acres per mile,
and a'taches now t" 580 miles built. 'The stock
paid in is $»6,7B^,9 0. In 1876-7 the gross •arnings
were $i,.'>5:J,005 gold, and net eirnin'^s, Sl,''2.> S-'iO
gold. (V. •.(4. p. 291). ;»>, 445, 519; V. 26 p. Jm. 316.)
Southern Penn^ytva"ia.— This is a mining and rail,
road company, re-organizcd in !S^2 after forecloi,ure
nnder a cond m^'rtgi^e. The road is leased oy the
Cumberland Valley.
Southwestern O^orgriyj.— Leased to ncntril Georgia.
Dividends 8 a year to every 10 per cent on C. ntral
Georgia e-tock, but 7 per year gnaranteed. 'Tripartite" bonds issued: see t.'entral Georgia.
SpringllelU, Alhol it X^rr he.isUrn.—{.W. 44, p. 198.)
SterlUKj .Mount'iin.— Cost of road and eqnipmeut,
$602,468.

A J. N. B., Nat. M. H. Bank. July 5, 1S7S
A H
do
do
Hept. 1, 1840
* J N. Y., Nat. Park Hank. Jan. 1, 189g
A J. U.S. Trcas., at maturity Jan. 1, 1899
M. A N. N. Y., Metrupol. N. Ilk.
M. A N
do
do
Nov., 1901
J. A J.
July, 1891
Q.-F. Charleiiton,8.W.RR Bk
May, 1871
J. A J.
Londrm.
1878 to '88
J. A J
Now York.
1878 U> '88
A. A O.
do
Oct. 1, 1903
A. A O.
Charleston.
April, 1801
J. A J.
do
1880 and 189a
J. A J. N. Y., Drexcl, M. A Co. Jan. 1, 1890
M. A N. I»ndon, Burlng Bros.
M. A S. N. Y., tJaUtttlu Nat. B'k Mar. 1, 1887
M. AN.
do
do
Hay 1, lOOO
M. A N.
do
do
Nov. 1, 1879
F. A A. N. Y., Vermllye A Co.
Aug. 1, 1899
M. A 8.
do
do
Mar. 1, 1883
M. A N.
May 1, 1900
J. A J. NY., Company's Office.
1888
A. A O. N. Y., C. P, Huntington. April 1, 190S
M. A S.
Mar. 1, 190O
J. A D. Savannah.CentRR. Qa. June 20. 1878
Various
Macon
i886
J. A J. CharlcstoiiA New York.
Jan. 1, 1897
J. A J. Boston, KUotNat. Bank July 1, '83 to '93
J. A J.
New York.
1885
J. A J. N Y., Central Paclflc,
January, 190&
J. A D. N.Y.,D. L.AW.RR. Co. Dec. lo, 1875
J. A D.
do
do
Juno, 1887
A. A O.
do
do
Oct. 1. leoe
F. A A. Philaileipliia A Boston. Aug. 16, 1878
J. A J. Boston, N. Y. A Pliila.
Jan. 1, 1904
J. A J. N.Y., Farmers L. A T.Co. Aug. 5, 1878
A. A O.
do
do
July, 1879
1893
F. AA. New York, Co.'s Olllec. Aug. 1, 1905
M. A S. Phila., N.York Al^ndon March 1, 1905
J. A D.
do
do
Juno 1, 1905
JiUy. New YorkA Philad'plda Jan. 1, 1915
J. A J. N. Y., Farm. L. A Tr.Co
F. A A. New York, Co.'s otllee.
Feb. 1, 1896
J. A D.
do
do
Dec. 1, 1894
A. A O.
do
do
April 1, 188«
M. A N.
do
do
May 2, 1910
J. A D.
do
dn
June 1, 1901
F. A A. Troy, Company's Offlcc. Feb. 1, 1878
J. A J. N. Y., Nat. B'k of Com.
1894
M. A 8.
do
do
1882
Q.-J. New Y'ork and Boston. April 1, 1878
J. A J.
do
do
1896 to 1809
U.S. Treas., at maturity.
M.AS. [Now York and Boston. Mch. 1, 1894
A. A O. New York and Boston.
1887
A. A O. Ix)ndon, L. A 8. Fr. Bk.
April, 1898
M. A N. N. Y., Company's Office. May 1, 1895
J.

J.
J.

I'!«•

50

1834-7

Texas

mortgage and

tt>oii;;h

ierics A, B,

1,000
1,000

do

do
do
K. J. RR.

'

100

4
7

5(M),<H)0
1

3.50,000

1871
1871

dollar loan mortgage
do
bond to State of New Jersey
do
Joint Co.'s mortgage, sterl'g, s. fd. (£138,500).
plain bouda
do

'.'00,000

1,(W!»,000
1 ,()2S,020

1,000
500 Ac.

500 &c.
1,042
1,038 1866-9

$1 ,0<>0.0(K)

400,000
448,000

2J8

guitranteed, Troy City.

Union i"<ajyic—Stock

of any erron dUeovercd In th«M TaMaa.
/<un<l*— PrtnelINTKRK8T f)Il DIVIDKNDS
pal, Whnn Dna
Amount
OutMtandIng Rate per When Where Taynble, and liy mi,ekt-lMH
Cent.
Payable
Whom.
Dividend.

100 4e.
100 &c.

(tor $1,(!00,000)

if:

xxiz

liniiicdl»t« notice

Mile*
notes

tnblcH.

AND BONDS.

net earnings,

gl.o.i4,n00 are yet ont,

and $I81.8;5 coufons. (V. -23, p. 160, 806. 279; V.
25, n. I(i2, 'ilo; V. '26, p. HID; V. 47. p. 44, 149.)
Texas Wtstern.—Thvi narrow-gauge road 1« in
prO'jTCss.
(See V. 43, p. 49, 15'2. 5'2B.)
'PoUJo. Peoria & fVarOTUi.— Passed info receiver's
hands February, 1874. Foreclosure pending. In
1876-7.net camlngg were $56,415. (V. 'ii, p. tS, 316,
575; V. 27,p. 6e,)

a" J.

A
A
A
A

J.
8.
J.
J.

Salt Lake City.
N. Y., Kountze Bros.

Jan.

Utic.-i.

Utica and

do

New

Y'ork.

do

1890

1,

July 1, 1891
Mar. 26, 1878
July, 1878
July, 1891

—

Troy <fi Bistan. With leased roads forms a hnft
from "T'oy, N.Y.. to North Adams. Mass. In 1676-711^
peiatiug expenses.
ffrofs earnings were $5' 6 .539;
$^9-1,3:14.
Tiierc are <in9.00U of old 1st and 2d
mortgage bonds yet outsiandir.g.
T^oyUni^n.- A fihott road in Troy dty. Bonds
Issued by city and guaranteed -ly sev, ral roads.
1

Union
$14.4

Pucijtc.—Grnifs earnings in 1877 wei*
against $i2.f8'i.B5S in 1S76; net eain-

:i,in3.

In 1 78 tbe
$:,n',-., a-ain-t $7.>tl8.6i7.
funding b'll was p:issed in Congrets; tbe C nrt of
Claim- dicide a:;ain"t the com a'ly as to th 5 par
ceni of net earnings; an imiKirlait c-m ract w»»
maoe with KaiiS'S Pacific; the July divide'>d waa
D»8sed. Land sale- to Aug. 1 ), !»78, 1 S(I7,67' acres,
for »« 9B6.3:«. of which 249,3:i2 acres n 18:8, for
ings.

1

ti,Jt9,i 6. Land cout acts .\ug. I--*, »S,60S,4«:, cat,li
l61l,0)i.
Aiistract of last reports V. 26, p 241. (V.
26, p 241, 286,
24. p. -i-li-. .591: V. 25. p. 4.>8;
368. i7l, 548. 59i. 6'28, 654; V. 27, p. 42, 96, !i7, ISi,

V

119,191)

Uiiton ,'aclile Centrnl B a?(;A.—This was formerly
the At'!liison A Pike's Peak road. luteresi in default
yince November. 187S. Gross earnings 875-71, $114,414; expinses, $131,500. (V. S6, p. 87»; V. 27, p. tS.)
Vanal ontpunii*.
United /few Jenev Railroad
Amboy Railroad and brandies,
—1 tie I'amden
Delaware A Rarltan Canal, and New Jersov RallroM
form the United Companies of New Jersey. They

*

were leased

A

1

to Pennsylvania Railroad, Oct. SO. 1851,

at 10 per cent on stock and assumption of all li*.
bllules. In 1877 the gross earnings were $8,9«n,'»«;
net income, 2,H5I,52I, leaving a deflclt for lessee*
of »1 433 I' 8 after paying Interest and dividends.
(V. 24, p. 516; V. 25, p. 849, 431, 468, 476; V. M, pw

»M

Lake to Ogden. In yrsr endUtah, (intra'.—
ing April 30, 1-76, net esmino were $432,737, and
dlv'dcnds ainonniing to SO per ceni were paid.
Utah SouUiern.—Qto** esTnlng* 18.7, $«78,6B«,
net. »14a,r31.

Stock

Is $1,600,001).

VHea dk Btick Mi»r.— uroea receipts 187B-T,
$453,576; expenses, $433,566: net esfnln£S. *Sia,01(lk

•v.«,p.!ioTj V.»».p. 141; V.«7,p.l»40

.

.

EAILKOAD STOCKS AND BONDS.

XXX

XXVII.

[Voi,.

SubvcrlberB will coufer a great favor by giving Immediate notice ol any error discovered In tUese Tables.

DESCRIPTION.

at

'

tlie

BoudB, guaranteed

1)}'

$100

98
73

Vermont Central

Missisiuol Railroad bondh

2d mortgage,

consolidated
£<iuiiinient loaus
Staiistea.l, S.

&

Clianibly bonds

Income and extension bonds (to pay float'g debt).
Vermont tt Massaelivsetis— Stock
Ist mortgage (siultiug fund $7,000 per year)
Convertible bonds
do
do
Vieiisburg it Meridian— \f,t series (red endorsed)
2d series (blue endorsed)
3d do (black cndoi-scd)
4tli do (not endorsed)
Special loan, funding mortgage

80
77
80

—

140
140
140
140

—

649
75
167
180
33
29
75
167
180
490
109

Stock
l«t mortgage (Toledo & Illinois)
a«t mortgage (Lake Erie, Wabash & St. Louis)
iBt mortgage (Great Westem of 1859)
l«t mortgage (Quincy <fe Toledo)
1st mortgage (Illinois cfe Southern Iowa)

& Wabash)

mortgage (Toledo

2d mortgage ( Wabash & Westeru)
(Great Westeru of 1859)
Consol. liiort., (on all but Decatur & E. St. L.)
1st mortgage, (Decatur & Esist St. Louis)
'Funded debt bonds and scrip ($943,950 at 7)
Warrai (A'.J.)—Stock

5M mortgage

Ist consol. mortgage
Washington City, Va. Mid. <t 01. Southerns-Stock.
•Jd mortgage, O. & A. KR
l»t and 3d mortgage, O. & A. KK
4tli mortgage. O. & A. KR

310

.

RR
RR

•Cape

May &

"27
128
GO
38
63
41
138
116

& Amboy

Millville

A tlan tic ( (Ja)— Income bonds
(a/a.)— Ist mortgage (Mont. & W. P.)
Western RR. bonds, before consolidation
2«1 mort.. guar, by Cent, of Ga. and Ga. RR. & B. Co.
Western Maryland— iHt mort., endorsed Bait. City .
let mortgage, unendorsed

endorsed by Baltimore
do
2d
endorsed by Washington County ..
do
2d
unendorsed
mortgage,
preferred
2<1
3d mortgage, guaranteed by Baltimore
for Baltimore Cit.v stock
4th
do
Western J'ennsylvatiia-lat mortgage
Ist mortgage, Pittsburg Branch
General mortgage
Williamiilou <t Tarboro Ist mortgage
Vitminylon, Columbia it Augusta 1st mortgage...

—

Bonds
Bunds
Xashna
do

do

Sufguehanna Valley.SoaA

&

is

West. Railroad at 6 per cent

ttock.

1873
1866
1868
1870
1858

'"i
188

1870
1870

500 &c.

325
94

100

imote & Ohio was di^'continued, and temporary lease
4Bade to Shenandoah ViJIey Hailroad. (V. S!0, p. 16,
433-, V. n, p. 39U; V. 2i, p. 403, 559, 591, 1,07.)

Canorfo.— Under lease to Vermonl
<ft
(V. 84, p. 421, 566; V. 85, p. 476, 641.)

Vermont

Vermont Central.—In 1872 the Company went to
on Interest, and has since been in numerous
conplications. A new corporation nndtT the name
of Central Vermont was foimed, with t2,00ii,0vi0
pa]d-4ip capital, and assumed obligations of the old
Vennort Central. Foreclosure pending on 2d mort(V. 22, p. 110, 5S9; V. S3, p. 40, 3;0, 623; V.
S,ge.
deCiiolt

p. 413, 668; V. 25, p. 431.)

Vrmont <* Vassae/tiiseltg.-ThK road is leased to
tiie Fitchburg RR. Co. for 999 years, commencing
Jbn. 1, 1874; they paying interest on the debt and 4
percent on the stock for the flrst two years, 5 per
cent the next two years, and 6 per cent for the remainder of the lease, exclusive of all taxes.
Vteksturg

48
48

<fc

^feridian.—'NeX

The only coupons paid

•w«rc those matntiiig

,I;ui..

of Jan., 18i7.

(V.

\h7H,
1:7,

earnings
8

and itte special loan
BT.)

p.

A.

6
7
7
7
7
7

J.
J.

7

A.

8
"7'

J.

7

7
7
7
7
7

3&7
3I2
7
7

27, p.

n,

6

6&8
8

"7
"4'

J.

A.

1,000,000

J.

i,ooo,(X)o

7

A.

F.

M.

1(J

A.

M.
J.

&.

J.
J.

&'d.

6
6
6
6
6
6

1,000,000
800,000
1,000,000
1,200,000
350,000
3,200.000
600,000
1,456,200
648,700
221,400
749,000
8,250,000
1,789,800

6
6

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

6

J.

"3>3
6 g.
7

g.
g.

3.50,000

6&7

250,000
400,000

7
7

1,185,000

3

700,000

6

Oreat South30,

1875,

&

and 3a mortgages, piaced together, were
$400,000 Ist 66, and < 600,000 8d Hs,
some of which have been exchanged for general
mortgage bonds, but are deposited in escrow (uily.
The president. Mr. John S. Barbour, was appointed
1st

receiver in ,liily. Ih76. Intoiest in default, but receiver ordered o moke certain payments. Irree V.
25. p. 41.
(V. 32, p. 1 5, 591 ; V. 2i, p. 550.)
Westchester <h Philadelphia.— Gio&^ earnings, 1876(V. 32, *p. 304; V. 24

'77, «.832.274; net, $112.1)61.
p. ii-i; V. 46, p. 116.)

West Jersey.— Grose earnings, IS", $.59J,r25: expenses, 8.391,130; net, $20:1,594.
Net profit above
rentals,

$10,3:8.

(V.

24,

i)

249- V

<S Atlantic—Thh Boad is owned by State
Georgia, and leased at $300 000 per annum
have issued the income bonds. (V. 82,

Westem
Lesi-ees

J.

O.
O.

p.

RR,

3 878
1900
1905

April,

Jan.

May
Sept.

&

Sons Mch.

do
do

April

May

J.
J.
J.
J.
J.
.1.

J.

O.
J.

O.
N.
D.

& J.
& N.
J. & J.
J. & J.
J. & J.
Various
A. & O.
F. & A.
A. & O.
A. A O.

New York &

1,
1,
1,

1875
1873
1880

1,
1,
1,

Oct. '77 to '91

Savannah. July, '78 & '81
do
Oct. 1, 1888
do
Oct. 1, 1890
Bait., N. Mechanics' B'k Jan. 1, 1890
do
do
Jan. 1, 1890
do
do
Jan., 1890
Ilagerstown.
Jan., 1890
Ealt., N. Mechanics' B'k
Jau., 1895
do
do
Jau., 1900
do
do
Jan., 1902
Philadelphia, Office.
April 1, 1893
do
do
Jan. 1, 1896
do
do
Oct. 1, 1901
New York, J. M Pickrell May 1, 1900
Bait., Safe Deposit Co.
Jime, 1900

do
do

London,
do
Nat. B'k Republic

7g. M.
7

1890
1882
1878
1, 1878
May 1, 1893
Feb., 1907
Aug., 1889

Atlanta, Co.'s Office.

8
7

200,000
400,000
300.000
300,000
600,000
875,000

1890
1890

1882
1903
1896
Philadelphia, Office.
July 10, 1878
do
Apiil 1, 1891
do
Phila.— Pa.RECo. Office Aug. 15, 1877
S,
do
do
Mch., 1883
J.
do
do
Jan., 1896
O.
do
do
Oct., 1890

7

1,200,000

A.
A.

originally

and
263.)

&
&
&

1,

1,
1,
1.

do
do
Garrett

1,

Aug., 1888

Garrett & Sons

do
do

& O
& J.
& O.
& A.

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

J.

$1,038,980; expenses, $67^,367; not earnings, $101,
6;a.
The coiiuiany has been assisted by Bait.
O.

interest

Bait., R.

3
6
6

ern.— Gross earnings year ending Sept.

26, p.

&"j.

A.

Aug.
Aug.

do
do

do
do

7g. M. & N

Wan'en {N. -7.).- Leased to Delaware, Lackawanna
& Western at 1 per cent on stock and bonds. Net
earnings in 1875, $241,056.

The

Bait., R.

J.

Due.
Stocks— 'Last
Dividend.

Nov.
Aug.
Nov.
Nov.

& W.

do
do

O.

& a.
J. & J.
M. & N.
M.& 8,

7

Mdland <t

&

B'k

do
do
do
do
do
do
do

A.'&'O. N.Y., Del., L.
A.

t8.)

Vr'ashington City, Tlrgin'-a

do
do
do
do
do
do
do

M.

earnings, and net earnings of $1,(:60,3!'8. (V. S5, p.
80; V. 46. p. 216,445,47), 496,521, 519, :«2,

V.

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

8
8
8

500 &c.

&
&
&
&
&
&
&
&
&
&
&

— Priuci

pal, Wlieu

N. N. Y., D. L. & W. RR.
May 1, 1878
D. Boston, E. Blake & Co. June 1, 1872
J. Boston.Nat.Bk.of Redm July 1, 1891
3. Boston, Globe Nat. Bk
Jan. 1, 1891
N. Boston, Nat.Bk of Redm Nov. 1, 1888
D.
do
do
1891
N.
do
do
1876 to 1889
J.
do
do
Jan. 1, 1887
N.
do
do
1902
O.
Boston, Oflice.
April 8, 1878
J.
do
do
July 1, 1883
J.
do
do
July 1, 1879
J.
do
do
July 1. 1885
J. Phila , Girard Nat. B'k. Jan. 1, 1890
J.
do
do
Jan. 1, 1890
J Phila., Girard Nat. B'k. Jan. 1, 1890
O.
do
do
Jan. 1, 1890
J
do
do
1880

F. '&
N. Y., Metropolitan
F.
A.
do
do
F.
do
do

7
7
7

64,

of
18!7-S

nee April, l«r6,

1874

M.

2%

7

500.000
920,000
750,000
600,000

1,000

1871

J.

8

J.
J.
J.

7

400,000

1867

'ioo

7

M.

4

7

821,300
1,100,000
1,359,750

i',6do

500 &c.
100 Ac.

ti26;

—

»9apons

1861
1866
1869

8

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

3
8

526,,')00

100 &c
50
500 &c
500 &c
500 &c.

1868
1870
1872
1863
1865

Istm., guar, (for $700,000)

<t

Del Lacl<.

annum un

CIS^V'OI'

1871

500 Ac

44
160
90
90
90
90
90
90
90
57
28

Koclieslei'—Stock

Vai^ey'iVa.). This road was built chiefly by subfWription of Bait. & Ohio RR., Baltimore city, and
Virginia counties. Operation of the road by IJalti-

,

750,000
600,000
2,69^,539
1,200,000
654,000
700,000
578,859
1,650,000
1,500,000

1873
1875
dt

VUea Chenango

Central.

1,800,000

100

179

—

to

ido

i'79

Woreester it Nashua Stock
Bomifl ($125,000 are 7 per cents)

|)er

1,000
1,000
1,000

boiuls

WUmiiu/toH it H'cWoH— Stock
Sterling bonds
do
do
Sinlfing fund bonds, gold
Wisconsin Central—lm mortgage, gold, land grant.

iSeHed

250 &c
100 &e

1867
1873
65 >a 1871

<£•

Income

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

336

ir«s/ef(i

—

i",6oo

1855
1870
1875
1871
1855
1858
1860

18
18

Funded Interest, O. «k A.
l»t mortgage, O., A. & M.
<9en. niort., gold, Wasli. C, Va. Mid. & Gt. South'n
tyiicliburg & Danville, 1st niort., guar., coup..
Weeichexler it Wiifarfc/jjAio— Preferred stock
let mortgage, new

We»ta-n

1853
1853
1863
1865
1862
1858
1858
1859
1867
1869

$4,000,000
3,000,000
1,500,000
500,000
3,000,000
1,500,000
1,500,000
444,100
1,508,600
2,860,000
550,000
200,000
150,000
703,500
850,000
145,000
1,180,600
217,400
16,000,000
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
3,0ir),i»50

"is

2d mortgage

West Jersey—atock
Loan of 1883, guaranteed by Camden
Ist mortgage loan
consolidated
do
Ist

500 &c.
500 &c.
100 &c.
100 &c.
1866-9 500 &c.
1867 100 &c.
1872
1,000
100
1865 100 &c.
1869
500
1872
1,000
1866 500 &c.
1866
1,000
1866
1,000
1866 100 &c,
1871 100 &c,
1871
1871
1866
1866

Vtrmont Ventral— l»t mortgage, consolidated

lA

Uondti

of

VHea Chenango it Susquehanna Yalley—Stock
Vermont d Canada— Stock

Vimxish

INTEREST OB DIVIDENDS.

1,

Miles Date Sl7.e, or
Amomit
of
of
Par Outstanding Rate per When Where Payable, and by
column headiugg, &c., see notes
Payable
Cent.
whom
of
tabloB.
Road.
Bonds. Value.
page
bead of Urst

For explanation

N. Y.,
Boston, Otlice.
Worcester, OtHce.

June, 1877
1881

1886
1896
July
July

1, 1901
1, 1876
do
do
1881 i 1887
Best., Globe Nat. Bank, April 1, 1 893
do
(In
Feb. 1, 1895
Worceste-, Ollice.
Apiil, 1878
Best., Globe Nat. Bank. April 1, IS'Jl

payment was made of coupons due July, 1878.
and January, 18:4, in Jsnuaiy, 1877. The July 1877,
interest
>ti,.ivei \j,i
on uiiujiui'ic,,;u
unendorsed b..nds
oi'ijus was not paiu
paid iiu
till
lanuary, 18".8 Annual report for Inst litcal year, to
oeptember .30, 1817. sliowed gross receipts, t33-J,085:
expenses, $219,940; net receipts, $118,145.
p. 41, 298, 4u«; V. i», p 84, 471.)

IV. 26,

Westem Pennsy/vania.—Tbe Pennsylvania RR,,

lessee, owns $97a,650 stock out of the total iimount
of $1,022,450, $148,000 of branch bonds, and „:: of
$],2l)li,00li

general mortgage

1870, $225,498.

WUlamston

(V. 2v,
c£

]).

bonds; net earning*

a06.)

Tarboro.— Rond in progress.

No

recent financial information.

Wilmington- Columbia <6 Augvstn.— In 1875-J
earnings were $116,633 net. There are ceniflcato*
of indebtedness for $;J36,000. iV. **, p. 1 5: V. S6. "^
D.
268, :j'j3; V. 27, p. 68.)

Wilmington dt Tl'rfcton.— Formerly leased to Wilmington, Columbia & Augusta road, but iu Dec,
Io77, default was m:ide hy leasee anu p opertr
reverted.

(V. 22, p.

16; V.

26, p. 68, 42U, 496.)

Wisconsin Central.— Dctmhcd July, 1875, and
funded 9 coupons. Afterwards built a considerable
lengihof load. In year ending Sept a) 1-76, groa
earuirgs were $709,935: expenses, i412,2ul; nat
earnings, $297,733.
Paid rent of Mb. & North€*-n
RR Icaseii, $1 ..,404. Land grant is ovet
8iHI,IX)0 acr. B.
Tlie Philips & Colby
oin^ructlon
Company ope all 1; this road became embairaosed
iu Dec. Ici7.
CV. 21, p. 478, V. So, p. 18.)
,

Westem A!a!)nma.—Soli in foreclosure, April IQ
and bought by Central Ga. and Georgia Hail-'
roads, for whose account it is operated. (V. 20 n
i'«,p.
39j, 405, 445; V. 25, p. 456.)
1875,

1

the Toledo Wabash & Westem
re-orpanized after the sale, June 10, 187fi, under
consolidated gold mortg.ige of 18.3. New litigation
Worcester tt A'asAuo.— Guarantees the stock and
enmmcnc'fd iu -May, 1878. Tlierc is a debt of *560,Western Maryland.— Thie company was largely as- bonds of Nashua tS. Rochester,
leased.
For year
(95.1 due the Equipment Company, payable $56,001)
sisted liy the city of B:iltimore. which has also ending September :10,
1877, gross
Income was
.pcryear. The "Sency" mort. Included In funded
bought its overdue coupons.
The bonds remaindebt bonds Is for *1.' On.(K 0, piiyuble iSOO.OOO per ing in default for interest to their holders were $.'>J8,S(i3, and expensis, including interest and
rental, $524,301.
(V. 82, p. 545; V. H, p. 158; V. »,
». OpoHrtlons for 1877 shewed $4,588,914 ^ros. th! second preferred unendorsed, and
oa those p. 430.)

Waia»A.— This

is

AuauBT

OANAL STOCKS AND BONDS.

187&]

81,

xnd

Sab»erlber« will confar a great ftTor br glylng lmin«4l«t« notio* ot mar arror disooTared In (hwM Tablaa.
DESCRIPTION.
INTKIIKST OK DIVIDEMDfl.
HllOR Date Sl7A or
Amnnnt Rate per When
of
of
Par
For ozplanatlou of ooliinin beadlius, Ac, aee uoto
Where Payable, aod by
Ontstiuidlng
Canal. Bonds. Value.
at tlio betul of lliiit page or ti.ble«.
Cout.
Payable
Wbom.
Ohetapfttke

Delaware

it

—Stuck

ftso

....

^
....

60
60
148

l>i cision—HUtck

Detawure

20 yean in 1878)
Hudson —Stock

1st moit);aK>' (cxtt'iuloil

Velatcare

*f

18S6 Varlo's
25

14

iKt iiioitKiiKo (ortfrliiivlly $'2,800,000)
Ohetaiiriil.e ,( (»/ii»— Htock
Mao'land loan, Hiiikin;; fund
UuuVaiitffd Hterliii^; luuii
Hoiultf )ia\'inff next profcrouoo

1858

'50
1,000

100

Ist inort;^:»;:i' rxtcinled
iiiiirt K'>S»'i

icKlstcreil

do
do
_ Debenture loan of 1804, coup and reir
I iRt M.. coui". & roK.. on Penu. Dlv. ($10,000,000)
Xarii/alUm—Stm-M
mJiekinh Coal
Loain, coiiv.,oouii.,^old (asHUiiied L,. dc W.Coal Co)
iC-

1809
i',6oo
1871
1,000
1874
1.000
1877 lOOOAc
50

148
148
1S3

I
Il8t
I

1st iiiorti;aA;e, re^riMtcred
let uiorr^jiifo, rt'^'irttcriMl, railrotul

luiui, g. {^\1:J 10,000 UHaumcd C. UR. of N.J.)
Loan
Loan extonaion, convertible till December, 1877.

Greenwood mort KivKe.

rcK.

Kxtcndo<l, 1877

MHotwngaliela Xuvigalion Co.— Stock
Jfor/'i«—Stock, consolidated

83
103
103
103
103

Preferred stock

New

mortgage
Boat loan
[

(for

$1,000,000)

Preferred stock scrip dividend
Pennsylettu »(— Htock
General niortg., interest guar'd by Penu,
Schuylkill .V(iri(7«(ioii—Stock, common

327
327
108

RR

Prcfcrrcil .stock
1 St nu»rt;;a^'c,
2tl niorti^a^c

Clusapeake

pcake

City,

<t

i)«/a!oar«.— Delaware City to Ctcsa-

Md.

Chesapeake
net, saw, 175.
869.)

dt

(V. 27. p. 66).
Ohio.— Grose receipts, 1875, f 473,210;
Paid on bonds, $2:j3,940. (V. 24, p.

Delaware IHv.— Leased

to

Leh'gh Coal

&

Naviga-

tion Co., at interest on bonds, and 8 per cent a year

on stock
Del. dk

Hudson Canal.— This

Co.,

which

is

among

the largest miners and carriers of coal, leases the Alb.
Susq. and Uenss. & Sar. Railroads. Also endorses
bonds of N. Y. & Canada RK. The annual report for
187i is given In V. 28, p. 208 and p i4i; and committee's report. V. 2\p. 161.
(V. Zi. p. 179, 227,
444; V. 25, p. 161, 615; V. 26, p. 208, 242, 485 564,

&

574, 599.)

7

^-

1870
1,000
1865 various.
1869 various.
50
1870
1,000
50
....
50

780,000
220,000
103,164
4,480,405

45

•

2

5

7
7

7
"a
7dc.
$1 40

6
6
6
6

50

2,002,746
1,000,000
1,320,000

"e

325,310
250,000
3.000.000

7

J.
J.
J.
J.

6

M.

1872
85

6

7
6
6

Lehigh Coal <t Navigation.— Qros* receipts in 1877,
$994,6fc5; expenses and int., |1, 189,321; excess of
The Central liAi. of N. J.
the latter, $194,6.':5.
assumes (in purchase of qnipraent), ^2,310.000 of
the gold loan due 18^7, and lea.sc8 the Lehich &
Sasquehanna Kaihoad
The Lehigh & WilkesBarre Coal Co. assnmcs I.WO.'XX) of the gold loan
due 1897, and $7il,000 (all) of the convertible gold
loan dae 1894, aiid bas also leased the coal lands
of the company. (V. 22, p. 27 9; V. 24, p. 217,
443; V. 25, p. 4i'i)
Mommgahela Navigation Ownpan.!/.— Receipts,
1875, $196,576; expenses, $80,487; dividends, $90,387.
,

—

A D.
A D.
A D.
A D.
F. A A.
J. A J.
F. & A.
F. A A.
A. A O.
A. & O.
F. A A.
J. & J.
F. & A.
F. A A.
Q.-M.
J. A J.
J. & J.
M. & N.
M. A N.
M. &N.

260,000
756,650
628,100

1841-4

J.

Morris. Leased April, 18 1, to Lehigh Valley Railroad for 999 years.
The lessees assume bonds and

do

&"j.

&
A
A

J.
J.
J.

<fe

N.

do
do

iiiib

1800
1885
4, 1878
1, 1808
Ang. 1, 1876

Feb.
July

do
Commoroe.
do
do
do

Nov. 1, 1801
1884
1801

N. Y., office 71 B'way.

do

lt-94

1917
Sept. 2.

do
do
do
do
do
do
do
do

do
do
do
do

'79-80-'81-'82
18»?2

June 1, 1911
1892

do
do
do
do

f

Feb. 4, 1878
Feb. 4, 1878
April 1, 1906

July,'i910
Aug. 25, 1878
Aug. 25, 1878
March, 1897
1882 to 1907
1895

do
do
do
dp
do
do
do

May, 1880
May, 1913
May, 1915

and Baltimore.

do
do
do

1885

Oct.,

Feb., 1889

Philadelphia, Office.
Philadelphia, Olllce.

do
do
do
do
do
do
do

1878

lM)i
1884
1897
1897

Pittsburg, OUlce.
Leh. Val. RR. Co., Phila

Pliila.

.

do

Philadelphia, Olfloe,

do
do
do
do
do
do
do
do

1886

July,

A
A

A. N. Y., Bk. of
N.
do

& J.
A J.
A. A O.
M. * 8.
Q-M.
M.& S.

1,000
1,000
1,000

1839
1859

A
A
&
A
&

J.
J.
J.
J.

6

June, 1873

do

do

Bait., A. Brown
Bona.
Ixindoii.
J. Bait., A. Ilniwii
Boob.
A.
Plilla<lelpbia, OfHoe.

J.
J.

1«»

4

1870
1863
1864

M.

7
7
7

1,004,300
1,025,000
1,175,000

1,000
1,000

F.

7

50
100
100

extended

WortKaKe bonds, coup, (payable by P. & R.)
Improv<^nlent bonds
Boa t and car loan
Boat and ear loan
Busqtu'haima —Stock
Maryland loan, 2d mortgage
Susquebanua Canal, common bonds, 3d mort
pref., 3d. T. W. priority b'ds..
do
do
bonds of 1872
l7n«o»t— Ist mortgage

J.
F.
J.

6
4

7

Philadelphia, Offloe.

u

6
6

4

717,000

3,000,000
909,230
3,175,900
1,709,380
3,990,392
1,200,000

J.
D.
J. dc J.

"a'

7

1872
1871
1872

CousolUlHtcd uiortK>u;e loan

11,193,550
771,000
6,381,003

A

3
6

2,0<K).000
4,658,-500
!>08,520
41,5,50
1,309,2,50

Mort.

B

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

$2,078,038
1,993,750
8,229.504
2,000,000
4,375,000
1,690,500
1,633,350
800,000
20,000,000
1,482,000
3,500,000
0,434,000
4,750,000

.01I'lie,

•«»

Jan.Vi'885
Jan. 1, 1878

do
do
do

Jan., 1894
Jan., 1902

May

Philadelphia. Office.

1.

1883

and pay 10 per cent per annnm on preferred
stock, and 4 on consoliaated stock. (V. 12. p. 714),
Pennsylvania Ciwil. Worked in interei^t of Penn.
RR, whicli guarantees interest on bonds. An old
mortgage of ? 10,000 is due in 1887.
Schuylkill Navigation C'omp'/ny.— Leased from
Jane I. 1S70, to Philadelphia A Reading for 999
scrip,

—

years, at annnal rent of $655.0^10, inclndinnr -certain
real and personal property conveyed to Philadelt hia
Reading. The dividend of Aug. 22, 1877. was payable in Phil.
Reading RR. scrip. (V. S2, p. 493;
V. •«, p. 4 1 S )

&

&

S7tsgueha'ir)/i

<fc

Tide TVa/er.— Leased and operated

by Philadelphia & Reading Railroad
bonds and half of net earnings.
Union

for interest

C'ana.'.— Stock, (2,907,850.

»« ob/

on

J

.

sxxn

.

.

.

'

INVESTORS' SUPPLEMENT.

,

LANCASTER &

A.

R.

[Vol.

XXV II.

CO.,

Bankers and Brokei's,

BROADWAY, I^EW YORK,

66

DEALERS

I-^

INVESTMENT

FIRST-CLASS

SECURITIES.

govp:rnment bonds,
and Miscellaneous Securities

State, City, County, Railroad

BOUGHT AND SOLD ON COMMISSION.
COUPONS BOUGHT AND SOLD.

VIRGINIA TAX-EEOEIVABLE

SOUTHERN SECURITIES A SPECIALTY.
LOA.1VS IVEG^OTIATED.
QUOTATIONS ARE AS FOLLOWS, Al'OUST
Bid Ask

S
«

Government

per cent, registered, 1881
cent, conpon, 1881
Called bonds, registered
do
coupon

107^

I»:r

5-90S,

5-2

8.

re;;;i8tered, new iesue, 1863
coupon, new iesue, 1865

5-if8, registered, 1867
S-40», coupon, 1867
5-20S, regist red. 1858.
6 20s. couijon, 186S
10 40s, legister^d.
40-40S, coupon
SB, r.gistered, 1881
'58, coupon, IfeSl
iJis, registered. 1891
(t%&, coupon, 1891
4«, registered. 1907

iOJ,»t

lOiJi

105H

'.0514

ex-matured coupon
2d series
68, consol

I' 6'/.

10.1),'

1U6!<

mii

1(16H

1033i \VS%

,

:"4J4 1043i
lOOJS 101

.

luOX 101
100\ 101
UV,4 liO

fts.

B

70
44
20
4

,,

78, railroads

Connecticut 6s 1833^4. ..'....'
'Oeorgia— 68, 1879-^1-86
78, new, 1886

lOO'
104

..

110
101

IDseoiiri-eV.'dne in isTs!!!! "!!!!!!
•s, due In 189a or 1883
«s,
do 1888
«5, do 1887

do
do

«s,

«-,

Aftyiam or University, due 16i^
'Funding, dUM 1894-95
Hannibal & St. Joseph, due 1836..

due

Sfocth Carolina— fie, old, 1836

1S87..

A&O

old, 188S-93

-No. Carolina KR., 1883-4-5

do

do
do
do

do
do

.

...J&J

9'".

coup.

Xew

bonds,

do

102 !»

Cenl.r.tl

Okio— 68,

70
50
SO

J&J
.

Greenville

S

106

6s, old. 1890-2 8
lS9>9-l.|<)no

.

110
80
60
35
.!3

lis"

&

M&N

g..

I

31:3,

Manon

&

&
& Brunswick,

Ist. 7s,'8-',

end .J&J

12

47
90
24

60

93X

100
23
95

93

166"

Savannah
Sav.tnnah
l3t.

&

&

Roanoke,

Selma&GuIf,

Ist.

71'

j

I

P&A,

M&N
M&N

73.

2d, 73

South Side, Va,— Ist,
75
60

1st, 79, 1890..

88

South Carolina RR., Ist. 7s
South Georgia & Florida— Ist,

40

75

78

Seaboard

S3

&

.M&N

83
Chariest »n, Ist. 7s
Memphis— Ist, Ss

83, 1381-90

.

2d, 6s, lt-84 90
18 4-90

.id, lis.

23

Southwestern, Ga,, 7s
Virginia & Tennessee, 63

66
90
95

Western, N. C,

.

.

J&J
J&l
J&J

10!

106

19
63

82
74

93'

102

8,3

Wiimiu-ton
Wilmington

1st,

78

& Aug., 1st, 78..J&D
Weld., gold, 78, 1900.J&J

Col.

&

ad. 68

Mississippi Levee, 10 per cent bonds

J&

65
S3
63
3t

J&J

73

Richmond & Danville, ist, 6s
Richmond & Petersburg, let.

miscellaneous Bonds.
& Kanawha Canal- 1st,

Houston & Texas Centra', Ist, 7s,
Iowa Falls & 810UZ City, 1st, 78

93

I

!

3n

(iS

I

James River

—

Coiuinbia Ist, 7s
7s, gmrant ed
Houston & Great Northern, Ist. 78
K.inBds Paciftc
Louisville
Nashville— Consol., Ist, 78
Consol., 2,1, 78, gold
Macon
Augusts, Ist, 78, 18S7
J&J

85

M&~
J&

..J&J
J&J

Pitisburg & Conncllsv.-Ut, 78,'93..J&I
Consol., 6s, gold, 111.6
I'iedmont KH,, Isr, 83
Rielimond Frederickjb. & Pot.— 63..J&

—78

68

3

104" 106

.

new.

190S.J&D

& D .ilington. 88
Chesapeake & Ohio, 1st 63
Denver & Rio Grande, 1st, 78
Eact Tennessee & Georgia. 68
East Tennessee & Viiginia, 63. endorsed
East Tennessee Virginia & Ga., 1b', 7s
Flint & Pere .Marquette, 8s. land grant..
Georgia RR.

A*0 6h
1, I8s)8-99

coupon, 1893-94
.,
"South Carolina— ('onsoi., 6s. approved
Coneol. (is, donbtful
fia

fis,

gold, 1921. .J&J

Georgia consol. mortgiige, 78.
Charl. Columbia & Aug.— 1st, consols, 78
2d mortgai,'e

cia&s 3

Tennessee

Ist,

M&N
J&J
M&N

63

..

Alexandria. & Man., 7s
Petereburi RR,— Ist, 88,1879-93

J.tJ

A&O
N..

.

Oran.ije

.

189i!-93

6a,

MAN

Ohio-Stocl£

6s.

10

18S1

«s, 1886
Kliode Island

117
65
60

Cheraw
76'

A&O

do

c'ass2

do

116

78

103
104

J&J

& Alexa-drii— Ist,

2d. 63
3d. 8a
4th, .-8

,

:880
68,18:5
Burlington C. R.
Carolina Central,

AJtO
ofE. .life

,

.02)4

:868-'8....

do
do
Stecialtax, class

101

2d. -8, 1902

Baltimore

WQiidlng Act, 1886-1900

do

103>!i

60
55

new

Ist, 6s,

108
107

J&J

A&U

2d, 78

Orange

104X

15

Petersbarg—lst, 88

J&J
6s gold 1900
Northern Pacific, new preferred stock...
Ohio & Mississippi- 1st, 7b

—68

&

103

8s

bs, 19.0

102

m%

.

&

Mobile— lot,

Northern Central— 68, 1885

Va,
Va.— 6i

&

7s

&

78
sd, Ss

Atlantic & Gulf— 'onsols. Ist. 78, 1897.
Consols, Ist, 7s, l'*97, end. by Sa'.'ann'h
Atlantic Tennessee & Ohio. Ist, 8s, gold

lOX

18<K)

do

Ist,

101

18-!8

lS83or

Ist,

68

1

78. 1890

.IS

45

1st,

Railroad Bonds.
Alabama & Chattanooga, Is 88
Atchison & Pilce'a Peak, 6s, gold
Atl inta & Charlotte Air L.-lst pref.,78.

small

Orleans

Norfolk

101

72

101
75

& Ohio— sterling, Ss

8d. 8s

New

Vicksburg City
Wilmington., N. C.— 6?, gold
88,gold
..

103
78, 1914

80
4
•W

Nashville Chattanooga & St. Louis
Nashviille & Uecitur, 1st, Ts
...
New Orleans Jacksou & Gt. No.— 1st, 88, 104

,

Savannah, Ga.- 78, old .......

Uil

81X
13X
St9)t

so'

A

Interest, 88
2d. Ss

City Bonds.

7s,

—

let M., 1907

a

let, S',

1-1

Mobile

1(!0

THlcUean-Bs, 1878-79
«a,18S3

80

1924.

Rock,

&

5).'

Atlanta, Ga,, 78
Augusta, Ga. 7s, various
Charle-ton, 8. C, 78
Columbus, Ga., 7s
Lynchbu'gCity. Va., Ss
Macoi', Ga.. 78
Memphis, Tcnn— 68. 1900
Gold, 83, 1900
Mobile, Ala. 68
83
New Orleans, La.— £8, premium.
Consol., 6h, 1892

Richmond, Va

107X

78, §old, 1890
TlUnois— 68, coupon, 1&79

78,

Columbia—S-e^s,

&L

Missistippi Central let, 78
2d, 8Mississippi
Tennessee— let, 8s,

31

Petersburg,

endorsed, 18o*.

•Oa Boi,

4,'J

Small bonds
Registered

Norfollc.

4>i
103

.'.'.'.'. ..'

,

War loan
Xentuclcy 68
^Joaisiaua— Consol.,

72V
53>4
29

J&J

2d, 78, 18;5

Stock
Mempliis

—

>ate Securities.
-New onaols, A
>on8ois,

22
22

deferred

District of

ir6x

33)4
at

.

,

63,

& Cincinnati-ls', 78, '91..F&A
A&O
uy.
3d. «8
Memphis & Charleston— Ist, 78,'80.M&N
Marietta

consol,

108« 109

C
do
lirbunsas— 6s, funded

<68,

68,

lii7>4

'

.^8,

iua«

icex

te, conpon, r.*07
4a, smalt, coun-^««,eiirTeih_£. j^y^^S

jniaot
Jvew

iiaji

105)j 105 5<

Bid. Ask.

Bid. Ask.

Tennessee -(Continued)—
6e, new, new series, 1911
Virginia— 6:*, old
68, new, lS!i6
do
186;.

Securities.

88:

Past-Due Coupons.
Memphis

City coupons

Soutti Carolina consol coupons
Tenn'ssee State C(>ni)ons
Virginia pealer Cijupons
Virginia ta.x-receivable coupons

6s,

—

105
100