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COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED

THE

ON

LAST

SATURDAY

OF

EACH

MONTH.

Furnished Gratis to all Subscribers of the Chronicle.
[Entered according to act of Congress. In the year 1878. bv Wm. B. Dana & Co., in the office of the Librarian of Congress,

NEW

YORK,

DECEMBER 28, 1878.

SUPPLEMENT

INVESTORS’

or THE

Cantmerriiil imh financial
a

Cjjr attic! t.

The Supplement is issued on the last Saturday of each month, containing
complete exhibit of the Funded Debt of States and Cities, and of the Stocks

and Bonds of Railroad and other Companies.
It is furnished without extra charge to

all regular subscribers of The
Chronicle; no single copies are sold at the office, as a sufficient supply is
printed for subscribers only. One cumber of the Supplement is bound up
with the Financial Review (Annual) for 1878.
Transient advertisements are inserted at twenty-five cents per line; adver¬
tisements by the quarter, six months or year, at special rates.
WILLIAM B. DANA Sc CO., Publishers.
79 <S: 81

William street•.

legitimate business in investment securities.
Propositions have been made to the States of Virginia
and Tennessee on behalf of their bondholders, but in the
latter State there is little disposition shown to do any¬
thing whatever with the debt question.
who do

a

Railroad bonds have continued to be in active de¬
mand at

steady

issues of bonds

DECEMBER.

advancing prices. Nearly all the
having currency either at the Stock Ex¬
or

changes in this or other cities, or commonly sold among
brokers, have advanced materially in price during the
past two months. Among the numerous changes and
corrections in the tables of the present issue of the Sup¬
plement

INVESTMENTS IN

Washington, D. C.l

will be found

bond list of the

the revision of the stock and

re-organized Erie company—the New

During the present month the demand for investments
has kept up ver}’ well.
The period from September to
December inclusive, has been marked by a more active

York Lake Erie & Western.

demand for securities than is usual at this time of year.

have

The amount of each class

outstanding is given as it will appear
changes under the re-organization scheme
completed. We have heretofore referred

of stock and bonds
when all the
been

government securities was the calling to the first consolidated mortgage, which stands
in of the whole balance of the five-twenties of the issue next to the five old Erie mortgages, aggregating
of 1865.
This result of the successful sale of 4 per altogether less than $14,000,000, and looking to the net
cents, leaving the five-twenties of 1867 next to be earnings of the road for a series of years, this first con¬
called, had the effect of stimulating transactions through¬ solidated bond appears to be well secured. One future
rIhe feature in

bonds, and naturally caused coupon, that for September, 1879, ig cut off and funded,
a shifting of bonds by parties who held such of the and all the other coupons, including March, 1879, are to
be paid.
These bonds are sold at the London Stock
1867s, as are likely to be soon called.
Exchange, and were sold December 13 at 87-J-, equal to
With the resumption of specie payments,
with¬
an^l
The report for the last fiscal y °ar, ending
out any further legislation by Congress at its present about 85 here.
session calculated to injure the good credit of the Gov¬ September 30, was published in The Chronicle on
ernment, the year 1879 will open with a favorable pros¬ page 649.
In regard to the decline in gas stocks throughout the
pect for the rapid conversion of the remaining 6 per
cent bonds of the United States into others bearing a world there has been much discussion lately, and holders
lower rate of interest.
An incident of some interest to are anxiously inquiring whether they had better sell at
holders of governments was the passage of a law by present low prices or wait for a reaction. In his circular
Congress for the issue of new bonds to the Manhattan dated Dec. 7, Mr. F. N. Golding, of London, a broker in
Savings Institution in place of the registered bonds gas shares, mentions the practical objections to the
stolen from it at the time of the recent famous robbery. electric light for the purposes of street and house illumin¬
The laws in regard to the re-issue of bonds apply only ation. The following is condensed from the circular:
“There
to be a diversity of opinion as to its applicability for general
to those which can be proved beyond question to have adoption as a street luminant, most people agreeing inat, although the light
is very bright in the immediate vicinity of the lamp itself, it has not the same
been lost or destroyed—as in the burning of a building penetrating and diffusive power as gas jets yielding the same amount of
candle pnver as gauged by the photometer. But at present there is only one
or sinking of a ship—and not to bonds stolen.
A spe¬ opinion as to its applicability for illuminating private houses or moderate
sized rooms, and that is that it is inapplicable, and the reasons lor this con¬
cial act of Congress to authorize the issue of new bonds clusion
manifold
Among them the most noticeab e are—1. The inten¬
sity of theligh ; 2. Its inconvenience; and 3 Its cost compare 1 with "as.
in place of others lost is an unusual oceutrence and not to
1. The light is so grea- that it is extremely trying to the ©yes, and medi¬
assert that the effects on the eyesight of those sitting long and
be relied on by the average holder of government bonds. cal
frequently in an ordinary to m lighted w th it would be verv serions, and the
shadows it casts can only be remedied by having a second light, and then the
In State bonds the principal market operations have effect
upon the eyes would be considerably intensified.

out

the list of government

seems

are

“

men

been

in Louisiana

consols, the prices of which have

danced about with the
of

varying prospects of the payment

“2. The inconveniences which, are inseparable from its use appear to be
msmerable. The distribut on ofth* electric current to a number of lamps,
owing to the resistance caused to its passage, diminishes its illuminating

a most marvellous
degree.
*
ght isinanother
element whicn
seems
January interest, as reported from New Orleans. Bower
looked.
*
*
*
*

repetition of the proceedings which took
place prior to the July interest payment, and that there
should be such uncertainty and such a stimulus to spec¬
ulative transactions in the bonds of a “sovereign State,”
is regarded with anything but favor among the bankers
This is but




a

* * * The danger of the electric

to have been rather generally over¬

3. The cost of the electric light seems as difficult to determine as eyer, as
those interested in the ne v companies continue to afford as little information
“

aa

possible

on

the subject.

Some small details have, however, been arrived

various corporations by their
that electric light, even as
supplied in bnlk from single :amps of great candle r ower, can oe produced
cheaper than gas at its present price in London, and if the lights were so snbdivided as to nave greater diffusive power, the cost would be very materially
a% and can be gleaned from reports made to
engineers; in no
however, does it appear

increase 1”

STOCK AND

BOND TABLES.

NOTES.

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

official “Debt State¬

are

quoted weekly in the Chronicle.

explanations of each column

Description— Railroads leased

“mortgage,”

of the tables below:
to others will often bo found
under the lessee’s

.

name.
The
f. for “ sinking fund,” 1. gr. for “land
grant,” reg. for “ registered,” coup, for “ following abbreviations frequently occur, viz.: M. for
“ Coupon*” indicates that
the bonds are
coupon,” Br. for “Branch,” guar, for
coupon, but
Date of Bonds— The date of issue on the
be registered.
“guaranteed,”
face of the bond is referred may
to in this column.
Miles of Road.—Opposite
Stocks, this means the miles of road
by the mortgage.
operated, on which the earnings are
based; opposite bonds, the miles covered
Size or Far Value—These
figures
are dollars, showing the
denominations or par value. The
Rate Per Cent—The interest
per annum is
When Payable.—J. A J. stands for Jan. & given for bonds, but the per cent of last dividend for figures “ 100, &c.,” signify $100 and larger.
stocks; g means gold; x, extra; s, stock or
July; F. A A., Feb. & Aug.; M. A
D., June A Dec.; Q.—J., quarterly from
January: Q.—F., quarterly from Feb.; S., March & Sept.; A. & O., April & Oct.; M. & N., May A Nov.; scrip.
J. &
Q.—M.,
Bonds,principal when due; Stocks, last dividend—The date in this column shows quarterly from March.
■when the last dividend was
the period when the
paid on stocks.
principal falls due of bonds, but the time

s.

end. for “ endorsed.”

.

.

.

Subscribers will

STATE
confer a great favor

DESCRIPTION.
For explanations

see

Date of
Bonds.

notes above.

SECURITIES.

by giving immediate notice
Size

or

Outstanding

1,000,000

8

1,886,000
1,316,000

6
6
7

1,986,773
1,985,955
258,300

....

....

State capital bonds
Funded debt bonds of 1873

Connecticut—War bonds, 20
War bonds, 20 year
do

year— l

Coupon

>

or

not

taxable, 20 year.. ) regist’d.
New bonds, coupon, 10-20
year

Dist.

of Columbia- Perrn’t imp’t, gold, coup
Permanent improvement bonds, coupon
Fund, b’ds (U.S. guar., Acts June,’74&
Feb./75)
Market house bonds, coupon
Water stock bonds, coupon
;
Wash, fund’g, gld, ($660,000 M.
AN.,due 1902).
Washington ten-year bonds (Bowen)
Other Washington debt, reg. stock
Corporation of Georgetown, registered stock.
Florida—State bonds
Consolidated gold bonds ($300,000 are 7s)....
Loan to

Jacksonville, Pensacola & Mobile RR.
Georgia—Atlantic & Gulf Railroad bonds
Bonds, act of Mar. 12, ’66 (renewal W. A A.)..
Quarterly gold bonds, act of Sept. 15, 1870..
Bonds, act of Jan. 18, ’72
Bonds for funding (Act Feb. 19, ’73)

.

Bonds to fund coupons on endorsed bonds...
Bondfl exchanged for endorsed RR. bonds—
Illinois— Refunded stock bonds
Normal University bonds
Thornton loan bonds
War bonds

Indiana—Bonds, short
Bonds, short loan

loan

Military loan

Louisiana—Bonds

1,000
1,000

1,318,500
1,741,100
1,031,000
-4,000,000

100 Ac.

1,000
500 Ac.

670,000

....

13,743,250

279,000
786,100

...

*

251,500

....

1871
1873
1,000
1870
1 000
1858 to ’66
500
1866
500 Ac.
1870
1,000
1872
1,000
1873
250Ac.
1876
1,000
1877
1,000
1847
1,000

.

Bonds in aid of various railroads
Levee bonds—Act 35 of 1865
do
Act 115 of 1867
do
special—Act 32 of 1870
Bonds funding coupons
do
to Boeuf A Crocodile
Navigation Co...
do
issued to State Penitentiary

*

.

Alabama.—The State gives 30-yeur
bonds, dated
July 1, 1876, bearing 2 per cent for 5 years, 3 per
cent for next 5-years, 4 per cent for next 10
years,
and 5 per cent for last 10 years, for old
bonds, with¬
out any allowance for past-due
Ala. &
coupons.
Chat, endorsed bonds are exchanged (for
$1,000,000
of the

1866
1867
1870
1866
1870
1869

vears




do
do

July 1,1906
July 1.1906
July 1,1906

Montgomery.

July 1,1884

N. Y.. Union Trust Co.

do

1899
1900
1900

do

1884

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

"

*189*9*"
1900
1900
1900

do

do

do
N. Y., Importers’ A Tr. B’k.
g. J. A J.
do
do
8 g. J. A J.
6
F. A A. N. Y.. Fourth
National B’k.
7
J. A J.
do
do
7 g.
Q.-J.
do
do
*
7
J. A J.
do
do
8
A. A O.
do
do
7
J. A J.
do
do
6
J. A J.
do
do
6
J. A J. N. Y., Am.
Exchange Bank.
6
J A J
do
uO
6
M. A s!
do
do
6
J. A J.
do
do
6
J. A D.
New York.
6
A. A 0.
do
6
Various
7
J. A J. New
York, Kountze Bros.
6
July. N. Y.. Am. Exch. Nat. Bk.
7
J. A J.
do
do
7
J. A J.
do
do
6
J. A J. $15,000 I
6
Various 119,000
8Various
Amounts not
6
M. A N.
fundable, per
8
M. A S.
[ report of Jan. ]
6
J. A J.
1, 1878.
8
J. A J.
80,000
7
M. A S.

3,600,000

-

307,500
800,000
542,000

2,298,000
144,000
23,000
36,000

142,300
200,000
510,000

....

....

3,904,783

.

1,000
1,000

1,000
500
100 Ac.

1,000
1,000

300,000
101,175

739,000
289,000

63,500
284,000
57,000
112,000
49,000
49,500
80,000
12,000

,

$139,247,695 in 187G—total, $618,083,315 in
1877,
against $595,073,177 in 1876. Tax rate for

73# cents per $100.
Connecticut.—The debt

1876-7,

of Connecticut
was all
created originally for war
purposes. Assessed value
of real and personal
property, 1877, $314,406,977;
rate of taxation, 1# mills.
(V. 24, p. 387 )

Levee bonds of 18h9 and 1870 invalid. Rate of tax¬ Indian Trust Fund.
by
Coupons of the
ation, 10 mills. The State is in default for interest, are receivable for taxes. Real and consol, bonds
except on the ten per cents of lo74 and secured erty assessed in ’77 at $30,898,247; taxpersonal piop9 mills.
sinking fund bonds, issued under the law of Decern The Jacksonville Pensacola A Mobilerate,
RR. lean is
in litigation, and the State
her, 1874. Assessed valuation of taxable
Supreme Court has de¬
cided that the State is not bound
$94,095,243. (V.23, p. 174; V. 24, p. 88, 42e,property,
for it.
466, 564;
(V. 23 p
V. 25, p. 161; V. 27, p. 15, 40.)
576; V. 25, p. 212.)

California.—The State bolds intrust for School
and University funds the $500,000
Capitol bonds
and $2,063,000 of bonds 1873. Total
valuation of
property, 1876 and 1877, was as follows: Real estate,
$418,840,023 in 1877, against $454,990,351 in
1876;
personal property, $199,243,292 in 1877, against

Due.

New York.

J. A J.
Sacramento, Treasury.
J. A J.
do
do
J. A J.
do
do
J. A J.
Hartford, Treasury.
J. A J.
do
do
A. A 0.
do
do
M. A N.
do
do
J. A J. N. Y., First National
Bank.
J. A J.
do
do
F. A A.
U. S. Treasury.
J. A J.
Washington, D. C.
J. A J.
do
J. A J. New York and
Washington.
J. A J.
Washington, D. C.

bonds, class C, which bear 2 per cent
and 4 per cent for remaining 2&
years).
For railroad endorsements
the • bonds
issued
District
bear 5 percent. An
Columbia.—The total assessed value
analysis of the debt and fund¬ of taxableof
real estate in 1877 was
ing operations is in V. 24, p 28. There were sonal
$97,609,890;
$21,000,000. The interest on the per¬
$3,705,001 of ruilroad obligations anprov:ded for in bondsproperty,
3-65
is
provided
for
the “adjustment.” The value of all taxable
by Congress. See law of 1878,
property
V.
26,
p.
599.
(V. 22, p. 131; V. 23,
is about
$160,000,000; tax rate, 7 mills. The as¬
p. 542; V. 24. p.
39; V. 26, p. 599; V. 27, p. 303.)
sessed valuation of real estate in 1876 was
$86,874,212.
(V. 23, p. 39, 40, 397, 622; V. 24, p. 28,
Florida.—Less the sinking fund of
420; V.
27, p. 94.)
$130,700, and J.
P. and M. loan, the total debt
is
Arkansas.—The Stare Supreme Court has decided does not include $132,000 bonds $1,284,100, which
of 1857, held
new

for five

A J.
A J.
A J.

5, 6, 7-3 Various
6
Q.-J.

2,097,000

100 Ac.

.

6 g.
6

4,000,000
800,000

1,000
1,000

.

g.

Principal—When

April, 1900
1883
1885
1893
Jan. 1, 1883
Jan. 1, 1884
Oct. 1, 1885
May 1, 1897
-

July 1, 1891
July 1, 1891
Aug. 1, 1924
July 26,1892
ct, 1,1901 to ’C
1892 A 1902
Jan. 1, 1879
At pleasure.

1879-’84

350,000
7
923,100 7 A 6

....

1861
1861 to ’69 100 Ac.
1861 to ’75 100 Ac.
1864 to ’65
1853
500

8
g.
g.
g.

7
7

1,810,000

....

J.

3-65

150,000
431,000

*

1,000
100 Ac.

.

Treasury

*

...

-

for relief of State

500 Ac.

50 Ac.
50 Ac.

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

J.
J.
J.

A.
A.
A.
A.
A.

/

95,500
500,000
2,801,000
877,000

....

in these Tables.

Where Payable and
by
Whom.

J. A J.

r*

1,350,000
1,353,120

....

500 Ac.

5

1876
1876

School fund bonds (non-negotiable)
Iowa—War and defense bonds
Kansas— Bonds, 1861 to ’69,
funding, Ac
Bonds for various State purposes

1,200,000
1,000,000
1,200,000
600,000

When

Payable

J. A J.
J. A J.

10
6

375,000

....

1863
1863
1870 to’72
1873
1863
1864
1865
1877
1872
1873
1874
1872
1871 to ’73
1872
1869
1828 to ’68

2 Ac.
5
2 Ac.

536,000
515,000
2,810,670

....

relief

Rate.

$6,216,600

.

discovered

INTEREST.

Amount

par

Value.

Alabama— Substitution bonds (A)
($7,000,000).
1876
$100Ac.
Substitute b’ds for RR. (B) ($59(3,000)
1876
100 Ac.
do
' for Ala. & Chatt. (C)
($1,000,000)
1876
100 Ac.
Educational funded debt
Funded “ obligations ”
1874
Arkansas— Funding bonds of 1869 and 1870...
1869 to ’70
1,000
Funding Bonds 1870 (Holford)
1870
1,000
Levee bonds (or warrants)
1871
100 Ac.
Old unfunded debt,
including
interest
1838 to ’39
Ten year b’ds, Act
May 29/74.
1874
Secured sinking fund bonds (Act.
Dec., 1874)
1875
To Memphis & Little Rock Railroad
1869
1,000
To Little Rock & Fort Smith
Railroad
1870
1,000
To Little Rock, Pine Bluffs A N. Orleans
RR..
1870
1,000
To Miss., Ouachita A Red River
Railroad
1870
1,000
To Arkansas Central Railroad
1870
1,000
State scrip

California—Soldiers’

of any error

Geoj'gla.—The constitutional amendment
declared void
several issues of bonds and

in 1877

railroad
endorsements.
The So. Ga. & Florida
RR. has
$464,000 of bonds endorsed, but the
Company pays
interest and the road is
estimated to be nearly worth
the bonds. Assessed value of
property in 1877 was
as follows:
Lands, $88,883,514; city and town
prop¬

Jan.

1,1903

1881 and 1886
•

May, 1886
Oct., 1890
July, 1892

Lpril 1,1879 to ’8
July 1, 1896
Jan. 1, 1889
Various

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

Dec. 1,1879
April 1, 1879

July

* lV

1881

1883 to’84
1878 to ’99
1884 to’99

July, 1893

1872 to 1906
1886

May 1,

1907

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

erty, $51,239,736; total, including
personal,*235,659,against $245,853,750 in 1876 and
in
1875; rate of tax in 1877, five mills. $261,755,884
(V. 25, p. 138,
162; V. 27, p. 653.)
Illinois.—The Illinois Central RR. charter tax
on
earnings is about $300,OoO. For 1877 the total as¬
sessed value as equalized
by local assessors was:
Lards, $491,704,984; town r.nd city lots,
$208,521,067;
total, $892,412,315; total as equalized
by State assess¬
ors, $931,199,308.
State tax in 1876, 2-8 mills.
(V.
53

24, p. 40.)

Indiana.—There

are also
$139,000 of 6 per cent
loan bonds.
There has been some
question as
to the State’s
obligation to pay the Wabash & Erie
Canal debt.
Valuation, 1877, of all taxable prop¬
erty, $855,190,125. against
$864,720,440 in 1876 and
$897,739,783 in 1875. Tax rate, 1*3 mills. A law
permitting towns to issue bonds was passed m 1875.
A similar law was
passed for counties. (V. 19, p.
493, 526; V. 21, p. 85; V. 22, p.
104, 209, 615.)
Kansas— Kansas has but a
small State debt, hut
the issues of
municipal bonds have been large.
The valuations in 1878 were:
Real estate,
war

$97,567,6i5;
personal, $25,606,163: railroads
$15,5v5,023—total,
$138,693,801,
against $136,019,113, in 1877. Tax rate,
5# mills for State purposes.
State funds hold
$610,925 of the bonds. (V. 24, p.40.)

Louisiana.—The funding bill

passed Jar. 24,1874,
scaled the debt down to 00
percent of the face value.
Funding was resumed May, ’77,

subject to Supreme
Court decision. (SeeV.
24, p. 519). New bonds wero

December 28,

STATE

1878.J

Subscribers will confer

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

a

DESCRIPTION.
For

Date of
Bonds.

explanation see notes on first page of tables,

Louisiana—( Continued)—
Bonds to fund floating debt of State.
to Mississippi & Mexican Gulf Canal.
do
do
do
do
do

Size

par

Value.

INTEREST.

Amount

or

outstanding.

1870

$1,000

$6,000

1,000

to N. Orleans, Mobile & Chatt. RR

1869
1869
1857
1870

to N.

1871

1,000
1,000

260,000
10,000
48,000
70,000

1,000

2,500,000

1,000

875,000
11,624,500
(?)
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
3,599,024
700,000

.

to Northern Louisiana & Texas RR. Co.

school & seminary.-held by
,

SECURITIES.

St. Treas..

Orleans, Mobile & Texas RR..

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

Bounty loan bonds
do

do

Municipal

war

($2,000,000)
) Coup.

I or
f regisJ tered.

debt assumed

1869
1874
1878
1863
1863
1864
1868
1838
1838

1,000

100 Ac.

500 Ac.

1,000
500 Ac.

100 Ac.

Rate.

6
7-30
8
6
8
8
8
7

When

Payable
M. & N.
M. A S
A. A O.
Various
J. & J.
A. A O.

J.

”6*

&
&
&
&
&

Chesapeake & Ohio Canal, sterling

Various.

Railroads and canals
Eastern Shore Railroad.
Baltimore & Susquehanna Railroad

„

1839
1837
1870
Chesapeake & Ohio Canal
J
1839
Baltimore & Susquehanna Railroad
1839
Annapolis & Elkridge Railroad
1868
Defense Bounty Loan
1870 A ’74
Deaf and Dumb Asylum Loan
1872 A ’76
Maryland Hospital Loan, 10-15 years
1872
Maryland State Loan
1878
Treasury relief loan, 10-15 years
Massachusetts—Rack Bay Lands Loan
1861 to ’62
1863
Coast Defense Loan
1863
Bounty Fimd Loan
1864
Bounty Fund Loan
do
do sterling
1864
War Loan, sterling
1869
1858 to’61
Troy A Greenfield Railroad loau, sterling
do
do
home
1861 to ’63
do
1868
do
sterling—
1871
do
do
sterling....
1875
do
do
sterling—
dollar bond! 1873 to ’74
do
do
1875
do
do
do
1860
Southern Vermont Railroad Loan
Boston, Hartford A Erie Railroad, sterling... 1868 to ’69
1874 A’76
Harbor Land Improvement (5-20s).
1874 A ’76
Danvers Lunatic Hospital
1875-’76
Lunatic Hospital, Worcester
1875
New State Prisons, sterling
1863
Michigan—Two Million Loau
1865
War Bounty Bonds
1859
Sainte Marie Canal bonds
1869
Minnesota—State BuildingLoan
1873
State Building loan, coupon
1858
Railroad Bonds (not recognized)
1865 to’66
Missouri—State bonds
1868
Consolidated bonds
1872
1874
1854 to’58
1857 to ’59
1859 to ’60
1854 to ’59
1853 to ’59
1874

University and Lunatic Asylum bonds
State Bank stock refunding

Bonds to
Bonds to
Bonds to
Bonds to

North Missouri Railroad
Cairo A Fulton Railroad
Platte County Railroad
Iron Mountain Railroad

Pacific Railroad of Missouri
Funding bonds.
Renewal bonds, coup., 5-20s, (act Mch. 29, ’7t) 1875-6-7
1857 to ’75
Hannibal A St. Joseph Railroad
.

do

do

renewal

Nebraska—Bonds (act Feb. 14,1877)

coupon...

Nevada—State bonds
Territorial bonds
Neio Hampshire—Wav loan, coupon bonds

Municipal war loan
State bonds
New Jersey—War loan bonds, tax
War loan bonds, tax free
do
do
taxable
New York—
Canal debt,

<

1872
1864

free

Under Art. 7, Sec. 3, of Con¬

stitution, and Art. 7, Sec. 12.

voted forN. O. & Pac. RR. in ’78, and their validity
is affirmed by the Supreme Court, but the Governor
declined to sigh them and the question of a manda¬
mus

to

compel him is decided in his favor.

The

assessed value of real estate in 1877 was $138,164,847;
personal, $36,468,835. The gross revenue in 1877 was
$2,606,351, and expenses, $2,719,412. State tax rate,

,

14% mills. (V. 26, p. 315, 342, 463, 470, 523, 625: V.
27, p. 41,122, 200, 803.)

Maine.—The sinking funds ($911,436), January,
1878, reduce the total debt to a net amount of

Valuation of total taxables in 1875,
$255,O0O,OOO; tax rate in 1877, 3 mills. For 1878,
$4,962,464.

treasurer advises

3% mills.

Maryland.—The assessed valuation of property in

1877 was $478,468,028; in 1876, $464,425,790, on
which the rate of taxation is 18% cents per $100;

receipts

from railroad, canal and other stocks
the State was $190,756 in 1877. The

owned by
State has
and holds

largely assisted canals and railroads,
$4,235 ,713 of stocks and bonds ranked
as productive, leaving $6,396,322 of debt without
any offset; the State also holds $23,360,682 in un¬

productive securities.

Massachusetts.—All interest on the funded debt of
Massachusetts is paid in coin.
The credit of
the State stands nigh in London and at home.
During 1877 the funded debt was reduced
$330,(LO.
The Binking funds in January, 1878,
were $10,885,690.
The Hooeae tnnnel has cost the
State about $17,668,070,including interest paid. Real
estate assessed m May, 187S, $1,118,473,223, against

$1,191,499 228 in 1877; personal, including bank
shares, $479,572,027 in 1878, against $505,784,594
The loan to Bost. Hartf.' & Erie Railroad
secured by deposit of $3,600,000 “Berdell” mort¬

in 1877.

was

1874
1877
1871

gage bonds, afterwards exchanged for N. Y. & N.E.
RR. stock, and bad a sinking fundo'f $1,027,879 Jan.
1, 1878. (V. 23, p. 354; V. 26, p. 40, 123.)

1872
1873
1863
1863
1864
1875
1872
1873
1873
1874

100 Ac.
....

500

1,000
1,000

500 Ac.
£100 Ac
£200
£200 Ac

500 Ac.
£100

200 Ac.
£500

1,000
1,000
5,000
£200

1,000
1,000
1,000
£500

1,000

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

1,000
1,000

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

100
100
100
100
100

Ac.
Ac.
Ac.
Ac.
Ac.
.

®S?3h

S-ss-s

rate 2

1,350,000
1,100,000
1,292,280
629,000
357,000
46,000

50,000
250,000

2,275,000

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
2,206,100
500,000
700,000
900,900
595,400
473,000
1,562,900

847,500

4,302,600
2,000,000

mills. Surplus revenue
chase of bonds.

t6‘
5
3
6
6
6
6
6

.

Q.-J.

A. & O.

J.

6
6

6
5 g.

ig*
igi g*
g gigiggg5g5 g-

J.
M.
J.
J.




July 1,1910
April, 1911

,

Y., Winslow, L. A Co.

Jan., 1914

Boston, Suffolk Bank,
do
do

March

1,1883
Aug. 15,1880

do
do

June 1,1889
Oct. 1,1889
1890
1890
1880 A 1890
1890
1890
1885
1890
1890
1883
1885 A ’89
1887 A 1891
1887
1888 to 1893

Augusta and Boston.
London, Baring Bros,
do

do

Baltimore, State Agency,
do
do
do
do
do
do
do
do
do
do

& J.
A O
& J

& J

A J
& J.
&N

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

do
do
do
do
do
do
do
do

do
do

Boston, Treasury,
do
do
do

do
do
do

London, Baring Bros,

J. & J.
do
do
A. & O.
do
do
A. & O.
Boston, Treasury.
A. & O.
London, Baring Bros,
J. & J.
do
do
J. A J.
do
do
J. A J
Boston, Treasury,
K
do
do
5g- J. & J
do
5 g. A. & O.
do
J. & J.
London, Baring Bros.
e‘ J. A J
Bostoa, Treasury.
Various
Boston, Treasury,
5 g. Various
do
do
J. & J.
London, McCalmonts.
J. & J. N. Y., Am. Exchange Bank
M. A N
7
do
ao
J. & J.
6
do
do
7
J. & J.
St. Paul, Treasury,
J. & J
7
do
do
7
J. & D.
6
J. & J N. Y., Bank of Commerce.
J. A J.
do
6
do
6
J. & J.
do
do
6
J. A J.
do
do
do
6
J. & J.
do
J. A J.
6
do
do
J. & J.
do
do
6
J. A J.
6
do
do
J. & J.
do
6
do
J. & J.
6
do
do
A J.
do
do
6
6
& J.
N, Y., B’k N. America,
6
do
do
& J.
A. A O.
State Treasury.
8
State Treasury,
9*2 & 10 Various
M. A S.
do
9*2
M. & S.
Concord or Boston,
6
6
J. A J.
do
do
6
J. & J.
do
do
6
& J. Trenton and Jersey City,
do
6
& J.
do
do
J. A J.
do
6
N. Y., Manhattan Bank. *
6 g. J. A J.
A J.
do
do
g- J.
do
do
J. & J.
g. J.
do
do
& J.
g.
6 g- A. A O.
do
do

g*

i
igsg-

May 1, 1880
July 1, 1883
July 1, 1883
May 1, 1894
May 1, 1994
July 1, 1889
Oct., 1888 to ’90

April, 1890 to ’94
April, 1882
July, 1891
Jan. 1, 1895

July, 1891 to '94
July 1, 1895
April 1,1890
July 1,1900
Sept. 1,1894-96

J’lyl,’94-Sep.l,’96
Mayl’95-Sep.l,’96
Jan. 1, 1895
Jan. 1, 1883
May, 1890
July, 1879
July 1,1879
July 1,1883
Dec., 1887
1883
1888

July, 1892April 1,1894
1878
1878
1889
1878
1878

is applied to

pur¬

to recognize the “State Railroad bonds” of 1858
to the amount of $2,275,000. A proposed compro¬
mise with the holders was defeated by a large major¬

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

which $45,162,467 was personal; in 1876, $218,850,744,

of which

$45,302,485 was personal; in 1877, $220,925,638, of which $45,141,659 was personal. State tax,
2 mills; tax for all purposes in counties averages
17% mills. (V. 22, p. 68, 567; V. 24, p. 40, 170,
227.)
Missouri.—The equalized valuation of all real
and personal property in .lS77 was $610,558,840.
The tax rate is 40c. per $100. In 1877 $338,000 bonds
maturing were met by sale of renewal bonds;
in 1878 $490,000 bonds matare and have so far
been paid by sinking fund. The Hannibal & St.
Joseph Railroad provides for its own debt. (V. 22,
p. 83, 591; V. 23, p. 135, 397, 493; V. 24, p. 171,
321, 542; V. 27, p. 200, 409.)
Nebraska.—Of these the State school fund holds

able $100,000 per year.
in 1877, $419,729,400;

to ’88
to ’89
to’90

to’89
to’87

July, 1894
1895-6-7
1887 to ’95
1894-5-6

April 1,1897
1881 and ’82

March, 1887
Sept,, 1884 A’89
Jan., ’92 to 1905
July 1,1879 A ’80
Jan., 1879 to *84
Jan., 1886 to’96
Jan., ’97 to 1902
Oct., 1893

July, 1887

g
g
g

Jan. 1,1883

July 1,1891
Oct. 1,1892

Valuation of real property

personal $123,868,381; total,
$566,250,697, against $596,833,707 in 1576, and $612,731,094 in 1875. State tax, 8% mills. '
New York.—The following were valuations and
for State purposes in the years 1859 and
1865, and from 1870 to 1877 :
Year.
Real Estate.
Personal.
State tax.
tax rate

1859
1865

$1,097,564,524

1870

1,158,327,871
1,532,720,907

1871.....

1,599,930,106

$307,349,155
392.552.314
434,280,278
452,607,732
147,248,035
437.102.315
418,606.955
407,427,899
857,911,401

2%
4 53-80
7 41-156
5 79-120

1,644,379,410
9)i
6 95-100
1,692,523,071
1,750,698,918
-6
1,960,352,703
3 11-24
2,108,325,672
8 1-6
2,376,252,178
379,488,140
The general fund debt was paid in July, 1878,
and the canal debt only, of about $9,000,000, now
remains. The gross State debt, September 80, 1877,
was $10,957 Oil, and town, county, and city debts in
December, 1875, were $244,079,859. (V. 22, p. 63,
471; V. 24, p. 17, 49; V. 26, p. 18, 117.)
.

lu

North Carolina.—North Carolina is heavily burden¬
$426,267. Th >ie are also $50.00J 10 per cent “Grass¬
hopper” bonds of 1875, due Mar. 1, 1885, interest ed with debt, in proportion to her taxable property.
paid J. & J. Real estate in 1677 assessed at $37,- Total property was assessed in 1876-7 at $148,975,987; personal at $33,335,591; tax rate, 6% mills. 564,557; 1875, $152,546,023; 1874, $139,953,861; 1873,
(V. 24, p. 204.)
$143,723,813.
Interest is paid on bonds issued
Nevada.—'The debt of Nevada is hardly more than to North Carolina Railroad ($2,800,000). as the
nominal, as the bonds are principally held in State State holds $3,000,200 stock and receives div¬
funds.

idends thereon.

Other interest

m

default

A fund¬

ing bill passed the Legislature March, 1875, (See
New Hampshire.—The debt of New Hampshire Chronicle, V.
20, p. 336,) but nothing was done
was created for
under
it.
In New York, bonds are classified
warjpurposes, and is being gradually
reduced. The Municipal loan of 1872 was issued to thus : “Old,”
being those issued prior to May 1,
cities and towns, the proceeds to be applied to their
1361, coupons on from Jan. ’69; “N. C. R. R.”
war debts.
Total valuation in 1876, $199,080,353. issue of
$2,800,000 to that road, coups, on since
Tax
rate, $2par.$1,000.

Neio Jersey.—The debt was created for war pur¬

Michigan.—The debt has been largely diminished poses, and is provided for by sinking funds,
Assessed valuation of real which amounted Jan. 1, 1873, to $1,453,435. Of the
and personal property, 1877, $630,000,000, and tax J first two classes of bonds the principal is pay¬
in the last few years.-

875,000

1909
1897

fundable,
per report of
Jan. 1,1878.

2,500,000
N.

1899

Amounts not

48,000
70,000

Q.-J.

A.
J.
J.
J.

May, 1910

260,000

Quart’y

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

ity in 1877.

<£

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

345781
Maryland—Baltimore A Ohio Railroad, sterling

due.

whom.

&"j.
&

6
6
6
5 g.

Principal—When

Where payable and by

Jan. & April, ’69; fame “coup, off” have had 7
coups, paid; “funding act ’66” carry coups. Jan.,
’69;
“funding act ’68” carry coupons .April,
’69. “New ’’—authorized before war, except $1,590.000 in 1863 ; “Special tax, 1st,” carry-coup. April,

VI

STATE
Subscribers will confer

a

great favor

DESCRIPTION.
For explanations see notes

on

first page of tables.

North Carolina—RR. andimprovem’t
bonds, old
Railroad and improvement bonds, old
RR. and improv’t bonds, new (not
special tax)
i
do
do
do
do
Funding bonds, since war
y
do
do
Registered certificates of literary fund
■

Penitentiary bonds, act Aug. 24, 1S6S
Special tax bonds

Ohio— Register’d loan, payable after
June, 1881

Registered loan, payable after June, 1886....

Oregon—Bounty bonds
Modoc

war

SECURITIES.

by giving Immediate notice of any

Date of
Bonds.

Size

or

pin*
Value.

$500&c.
500 &c.

1,000
1,000
1866
1868
1867

100 Ac.

1868

1,000

i860

100 Ac.
100 Ac.

100 Ac.
1,000

1856

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

1870
1877
1849
1852
1852
1867
1867
1867
1867

....—

100 &c.

1,000
1,000
50
500
50
50
50

1 <‘\7
1 •'7 2

Agricultural College laud scrip

Rhode Island—Wav bonds
War bonds
do

I s<; 2
i <r,.i
: 863

do

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

1864
1791
1836 to ’61
1853 to ’54
1866
1854
1868
1868
1868
1869
1869 to ’70
1838

South Carolina—State stock
State House stock
do
bonds
Funding bonds and stock
Blue Ridge Railroad bonds
-

Ac.
Ac.
Ac.
Ac.
Ac.

Various
Various
1,000

INTEREST.

1851 to ’66
Old bonds, % fundable, registered
1851 to ’66
do
sterling, not required to be funded
1851
Consol. (Act Mar. ’71) coup, tax receivable
1871
°do
do
reg., conv. into coup...
1871
do
(Act 1872) “ Peeler,” cp. not rec’ble
1872
do
do
reg.,
do
1872
Deferred certificates (W. Va.)
1871
Interest on sterling debt, funded (Act 1871)..
1871
Interest unpaid Sept. 30, ’77, on debt
proper.
coupon

—

.

69; “ 2d ” coup, of Oct. *69; “3d *’ coup. April, 1870.
(V. 21, p. 570; V. 23, p. 599, 615, 647; V. 24, p. 17,

226.)

Ohio.—Ohio

h

is

a

very small State debt, but

large local debts, amounting in 1877 to $39,328,5t-9
against $36,059,973 in 1876.
Valuations in 1877
were: Real estate in cities, Ac.,
$378,449,113; other,
$706,347,619; personalty, $490,594,810. Total taxes
levied in 1877 $4,561,235 for State
purposes, 2*9
mills, and $22,975,512 on all local taxes. (V. 21, p.
17.)

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

was

laid for Relief bonds and

1 mill

for

bonds.

Pennsylvania.— The new 5
000

was

per cent

loan of $8,000,-

sold to take up maturing honas.

Nov. 30, *77, $22,943,814;
net debt, $13,924,039.

Bounty

Total debt

available assets. $9,0>4.910:
No tax is laid for State
purposes on real estate, and revenue is raised
principally from corporations. Taxes are levied
on personal property, which was assessed in
1877
at $159,318,817. and the tax was $574,817.
State
expenses have lately exceeded revenue, and sinking

funds have been diverted to meet the
dellciency.
The State holds $1,754,331 in stocks and
$7,9)0,000
of railroad
bonds.
Any coupon bonds may
be changed to registered. The bonds due in 1877

payable at anv time till 1882; tho-e of LS3? till
1892. (V. 24, p. 414, 421, 469; V. 26, p. 18; V. 27,
p.
149, 229.)
are

Rhode Island.—The debt
purposes

was

all created for

and is being steadily diminished.

war

The

valuation of real property id 187G was
$185,159,843,
and personal, $86,894,328, and tax rate 15 cents on

$100.

8outh Carolina.—The funding law
approved Dec.
22, 1873, provided for scaling down the old debt by




500Ac )
Vari’s 5
£100 Ac

100,Ac.

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

1868 to’98
1868 to ’98
A J.
1868 to ’98
A. A O.
1868 to ’98
J. A J.
Jan., 1900
A. A O.
Oct., 1898
J. A J.
Raleigh, Treasury.
Indefinite.
A. A O.
New York,
Oct., 1898
A. A O.
do
1898 to ’99
J. A J. N. Y., American Exch.
B’k.
July, 1881
J. A J.
do
do
Jan., 1887
J. A J.
State Treasury.
1884
J. A J.
1880
J. A J.
1880
F. A A. Phila., Farm. A
Mecli. B’k.
Feb. 1,1902
J. A J.
do
do
April, 1879
J. A J.
do
de
1882
July,
J. A J.
do
do
July, 1882
F. A A.
do
do
Feb., 1877 to ’82
F. A A.
do
do
Feb., 1877 to ’82
F. A A.
do
do
Feb., 1877-1882
F. A A.
do
do
Feb., 1882-1892
F. A A.
do
do
Feb., 1882-1892

400,000
395,000
87,000

2.556.250
367,000
90,400
9,251,850
723,950

500,000
975,000
200,000

Harrisburg Treasury.

m.a's. Providence, R.

A. A O.
.1. A J
F. A A.

631,000
738,000
17,411

Q.-J.

289,172

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

A
A
A
A
A
A
A
A
A

J.
J.

6

A 6
5
6
6

f*

Is

1 51
6
6
6
6
6

212,833

"J.

A J.
A J.
A J.

J.

A

J.

A J.

April 1,1883

Columbia, State Treasury.
do
do

do
do
Columbia and New York.

Columbia, Treasury.

Columbia aud New York.
do
de
do
do

July 1, 1893
Aug. 1, 1894
At pleasure.
1877 to ’86
1871 to ’80
July 1,1887 to’97
July 1,1875 to ’79

July
July
July
July

do
do
do
do

New York
do

J. N.

or

July 1* 1893
July 1, 1893

do

do

A J. N. Y., Fourth Nat. Bank.
Various
State Treasuiy.
M. A S. N.Y., Donnell,La wsonA
Co.
J. A J.
do
do
J. A J.
do
do
J. A J.
State Treasury.
J. A J. New York A State
Treasury.
J. A D.
Montpelier, Treasury.
A J.
New York.
J. A J.
Richmond, Treasury.
J. A J.
London, Baring B. A Co.
J. A J.
Richmond, Treasury,
A J.
do
A J.
do
A J.
do
J. A J.
J. A J.
London, Baring B. A Co.

consolidated bonds. A court of claims to hear the
bondholders was appointed, and met in
May, 1878,
but the validity of the law
creating the commis¬
sioners was questioned in the
Courts, and the board
did nothing. In July, 1818, interest was
paid on
those consols signed by Gov.
Chamberlain, which
the committee held to be
good; interest on bonds
signed by Gov. Hampton was not

paid. Total valu¬
property—in 1876, real estate, $86,187.$40,598,3:6;
railroad
property,
$6,347.1)2, making a total of $133 132,038. In 1877
total was about $1>5,73"».8 »3. Rate of
taxation in
1877, 7 mills. (V. 24. p. 199, 445, 495, 543, 557; V. 25,
p. 79. 041; V. 26, p. 63, 143, 232, 257, 420,
463; V. 27.
p. 141, 165.)
ation of all

personal.

Tennessee.— The coupons of July,
with those of Jnly, 1874, and

1375, together
January, 1875, re¬

paid in September, 1876.
The debt of solvent
railroads, January, 1877, was
$3,45S.145, and total debt,- less that amount,
$22,852,011, including $12>,u20 outstanding war¬
rants and $2,088,746 past-due
interest, against
which $95,633 is owed by solvent railroads/*
The

State’s endorse nents 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 o ver-due in
1876,
and $80,000 more fall due in
1877; these are fund
able at the, option of the
Legislature.

Later

statement, V. 25, p. 477.
Total valuations in 1877
$2,6,6)0,000; total in 1870, $278,020,534, against $233,033,583 in 1875. The rate of taxation was reduced
from 40 cents on the $100 to 10 cents
by the Legis¬
lature, in March. 1877. Tennessee bonds s-old^ in
New York as “old,” are those issued before
1862;
“New,” issued since 1862; “New Series,” the new
funding bonds. (V. 25. p. 458, 477, 585, 619,
632; V.

1888

Y., Fourth Nat. Bank,
do

1, 1888
1, 1888
1,1889
1,1882

July 1, 1868
July 1, 1868

Columbia,

J.

bonds
issued
was appointed in 1877, and
reported January, 1878
(V. 26, p. 143), rejecting certain numbers of the

26, p. 68; V. 27, p. 42, 165, 599.)

Sept. 1, 1882

do
do
do

514, 6

4,188,141

were

O.
O.
J.
J.
J.

I. H. A T. Co

London.
Columbia.
J. A J. Columbia A Fis.
Agen. N.Y.

of $5,965,000.
A committee to investigate
and ascertain what consols were
properly

maining due,

J
J.
J.
J.

do
do
do

Q.-J.
Q.-J.

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

120;

New York,
do
do
do
do
do

J.

4,072,640
2,400,000
26,500
130,991
160,000
8,000,000

6,401,285

Due.

Whom.

A J.
A. A O.

11,407,000

2.331.250
18,740,800
1,483,715
2,185,100
1,152,800
15,239,370

Principal—When

Where Payable and by

Payable
J.

3.639.400
2,383,000
1,695,000
2.417.400
1.711.400
383,045
44,000

192,000
50,Ac
238,933
1,000
469,000
Funding bills receivable
1,000
72,000
Payment of interest
1,000
149,000
Funding bank bills
500, Ac.
242,350
Conversion bonds and stock
500, Ac.
451,000
Land commission bonds
500, Ac.
13,000
Fire loan bonds, sterling
481,944
do
stock, domestic
1838
151,780
Bonds—Relief State Treasury
1869
7,000
Reduction of Public Debt stock
Dec., 1873
241,257
Consolidated bonds, coup. (Funding act)
1873
Various
4,023,000
do
stock (Funding act)
1873
Various
149,254
Railroad endorsements
.%
4,797,608
Tennessee—New funding bonds, act of 1873
1874
1,000
6,617,000
Bonds registered, act of 1873
Various.
1,000
5
16,194,000
Fundable bonds and coup, not yet presented
Various. Various
661,000 5,
Bonds, registerable, not presented
Various.
460,000
Held by E.T. University (not to be funded)...
1,000
396,000
Texas— Funding State debt (act May 2. 1871)...
is 72
75,000
Frontier def’sc.gold.act Aug.5,’70(red’ble ’91)
1871
1,000
697,000
Revenue deficiency bonds, act Dec. 2,1871..
1872
1,000
500,000
Bonds, act Mar., 1874 (for paying float’gdebt)
1874
1,000
1,000,000
Vet’n Pension bonds, act Apl.,’74,
(red’ble’79)
1874
100
1,153,974
Redemption of debt, act Aug. 6, ’76
1876
1,564,000
ljpOO
Vermont— War loan bonds, registered
1862
500,Ac.
137,000

Virginia—Old bonds, 23 fundable,

When

Rate.

$1,738,800

.

'

discovered In tliese Tables.

error

Amount

outstanding.

bonds

Willamette Canal and Lock
Pennsylvania—Reg. bonds, tax fr., (red’ble ’92).
Inclined plane loan
Coupon loan (except $53,000 reg.), April 2
do
April 2

[Vol. XXVII.

July 1, 1914
1875 to 1906
1900
1875 to 1900
Various.
1891
1911
1892
March 1, 1904
1894

July, 1906
Dec. 1, 1890
1886 to ’95
At pleasure
1886
1905
1905

Contingent
1905

Texas-For all bonds,
except 10s of
interest and 2 per cent of

189^, the

principal yearly are pro¬
by special appropriations. The valuation
of taxable
property in 1877 was about
$316,000,000,
against $257,632,001) in 1876. Tax rate, 50.
From the
last Comptroller’s
report, for the fiscal year 1875-6,
vided

we

for

have tne

following statistics;

Total value of taxable
property assessed.
State tax...

$257,632,009

1,238,249
Poll tax
y
211,034
Miles of RR. in the State ass’d for
taxes...
1,493
Value of railroads, Ac
$16,577,503
55,950,038 acres of land assessed at
110,288,629
Value of lots assessed in the State
"
45,674 101
(V. *3, p. 452; V. 24, p. 535; V.
25, p. 115.)
.

...

....

Vermont.—'This State has

a very small debt—all
purposes. Of the registered bonds
are held for
Agricultural

created for

$135,500

war

sinking fund, Aug. 1., 1876,
Virginia.—These

bonds held by

was

College.

$135,932.

amounts

are

Literary fund

and

The

exclusive

of

Sinking fimd.
3’he Funding act of 1871
provided tha* coupons
of the funded bonds should
be receivable for
State taxes. For two-thirds of the
old

bonds a new.
bond was issued, and for the
others a deferred
certificate given (as the
proportion due
Virginia). The act of 18,2 amended thatbyofWesr
by not allowing coupons to be received for 1871
taxes.
The sinking fund holds
$5,145,211 of State bonds
and certificates.
All interest overdue
ber, 30, 1877, was $4,188,141, and the tcral Septem¬
principal
of debt
proper $24,330,816.
Assessed value of
real estate in 1876 was
$242,756,548.
against $251,573.611 in 1873.
Personalty in 1876, $78,560,940.
Tax rate, 5 mills. A case
involving the taxation
of consols is on
appeal to the U. S. Supreme Court.
A new
funding bill was passed in 1873, which will
probably never be carried out. (V. 26, p. 266.)
(V. 23. p. 599; V. 25, p. 138, 256, 585; V.
26, p. 68,

125’ 3J29.’ 23.2» 342> 359,

3w4| 599j q53>)

384, 420, 524; V. 27,

p-

December

CITY SEC DEITIES.

28, 1878 I

Subscribers will confer

a

great lavor by giving Immediate notice ot any error discovered in tliese Tables.
Date of
bonds.

DESCRIPTION.
For explanations see notes on

first page of tables.

Albany, N. F.—Albany & Northern Railroad l'n
Relief of drafted men
Purchase Congress Hall

City improvement
Washington Park

1854
1864

1866
1870-’71
1870-’77

Block

New Post Office site

1874

High School

1875

Size

or

Loan, reg. stock redeem, at will after 1916...
Funding loan, reg. stock, tax free..
Consolidated bounty loan
Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan

Five million loan to Baltimore & Ohio RR....
One million loan to Pittsb. & Connellsville RR
New City Hall
do
do
do
do
Consolidated loan
Court house loan
Funding loan
*
Western Maryland Railroad..'
Jones’ Falls
i

Valley Railroad
Water loan ($263,000 only are 5s)
Endorsements for Western Maryland RR
do

outstanding.

$1,000

$237,000

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

46,000
150,000
491,000
624,000
118,000
80,000
250,000
900,000
165,000
1,000,000
1,886,250
128.500
7,306,546
5,000,000
679,000
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000
1,000,000
1,000,000

1878
~ 1863
1865
1860
1863
1853
1853

1868
1870
1874
1864
1870
1872
1872
1873
1874

100
100
100
100
100
100
100
100
100
100
100
100

100
100
100

100

&c.

&c.
Ac.
&c.
&c.
&c.
&e.
&c.
&c.
&e.
&c.
&e,
&c.
&c.
&c.
&c.

100 Ac.

Union Railroad

Bangtn', Me.—City debt proper
Municipal loan
Water loan bonds, coup. (Act Feb. 22, 1875).

European & North American Railroad
Bangor & Piscataquis Railroad
Bath,Me.—Fund, debt ($24,500 are 6s, ’87, J.&J.
Railroad loan—;

Androscoggin Railroad..

Knox & Lincoln Railroad ($23,750 each year)
do
do
(F.&A. and M.&S)..
Rostov—For city purposes, war debt. <fcc
do
do
do
Burnt district, sterling loan
Consolidated street improvem’t, sterling loan.

Roxbury debt, assumed
Dorchester debt, assumed
Charlestown

1877

debt, assumed

Mystic water debt, assumed
Brighton debt, assumed.
West Roxbury debt, assumed
Water loan, new main. Brookline Reservoir...

1858 to ’72 100 &c.
1874
1,000
500 &c.
1875
1869
1,000
1869
1,000
Various.
Various.
Various.
1861
Various.
1869
1871-’72 Various.
1852 to ’64
1,000
1864 to ’77
1,000
£100&c
1873
1869
£100&c
1860 to’64
1,000
1861 to ’69 Various.
1862 to ’73 500 &c.
1862 to ’76
1,000
1868 to ’73 Various.
Various.

*i*858

1,000

do
Chestnut Hill reservoir
..'1867 to’71
1,000
do
renewal of loan due ’70-71, all reg.
1871
£100
Ac
do
1
1872
do
’72-73
Water works, Roxbury, coupon and registered 1868 to ’70
1,000
do
1,000
Roxbury & Dorchester
1871 to ’74
do
lg71
Dorchester, all registered
do
W. Roxbury & Brighton, all reg 1875 to’77
do
1876
do
reg—
1872 to ’75
Additional supply water
1,000
1871 to ’74
Various purposes, for water works
1,000
1875-’7G
Water loan bonds, gold, coupon or reg
1,000
1877-’78'
Public park and school buildings, registered..
1877-78
Improved sewerage, registered
50 &£.
1879
Improved sewerage
1,000
trooxlyn—Debt of williamsburgh, locai impr’t 1859 to ’61
1861
1,000
Brooklyn local improvement loan
1857
Mount Prospect Square loan
1,000
1865
Soldiers’ aid fund loan—
1,000
1867
Third street improvement loan, local
1,000
1866
1,000
do
1865
do
do
Busliwick avenue
1,000
do
do
1866
South Seventh street do
1,000
do
do
do
1867
Union street
1,000
do
do
1862
do
Fourth avenue
1,000
do
do *
do
do
1867
1,000
do
1867
do
Wallabout Bay
1,000
do
do
1869
Kent avenue basin
1,000
1870
New York Bridge loan, registered and coupon
1,000
187G-’78
Bonds for N. Y. & Brooklyn Bridge, cp. or reg.
1,000
'

0

**

...

-

INTEREST.

Amount

par
value.

Water stock
1851 &’52
Addit’nal supply ($400,000 due 1900-3 are 7s)
1874-’77
Western Avenue improvement bonds
1877
Bonds loaned to Albany & Susquehanna RR..
1865
Augusta, Oa.—Bonds for various purposes
Various. 250 &c.
500 &c.
City bonds, tax free
1876
100 &c.
Baltimove—Consolidated loan of 1890
Various.

do

vu

Rate.

6
6
6
7
6 & 7
7
7
6

6
6
7
7
6
5
5
6
6
6

1,375,000
117,000
156,000
100,000
375,000
1,000,000
814,000
102.500
193,000
425,000
475,000
420,600
3,521,800
14,288,500
4,997,603
3,449,199
392,300
104.500
1,060,000
1,228,000
183,641
410,000
394,000
2,040,000
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

*1,000,000

138,000
213,000
90,000
552,000
302,000
236,000
216,000

258,000
260.000

190,000
206,000
198,000
427,000
3,000,000

3,450,000

&
&
&
&
M. &
M. &
M. &

M. & N.
M. & S.
M. & S.




New York,
do

May, 1879
June, 1880 to ’84

Boston, Merchants’ Bank.

Feb.. 1885 to ’94

New York,
do
do
do
do
do
do
New York.

March, ’79 to 1900
Nov., 1910,11,’12

May 1,1879 to’85
Feb., 1881
Feb. 1, 1893-1912
Feb. 1,1912
1895-’97
1878 to ’89
1900

Augusta.
do

Balto., N. Mechanics’ Bank,
do
do
do

h—M.

l—J.
J.

J.—J.

do
do
do

Balto., Farm. & Plan. Bank.

& J. Balto., N. Mechanics’Bank.

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

5
6

do

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

Qi-j!

6
6
6

do

Q.-F.

A.
J.
J.
J.

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

5&6

Is-

$7,248,942
217,468

$8,135,104

$7,466,410

July 1,1890
July 1,1916
After July, 1916

Sept. 1,1893
Sept. 1,1893
Sept. 1,1890
Jan. 1,1895
Jan. 1,1890
Jan. 1,1886

July 1,1884

April 15, I960
March 7,1902
1885
At will.

July 1,1900
Jan. 1,1902

April 9,1900
Oct. 31,1886

July 1,1894
Balto., N. Mechanics'Bank. Jan. 1 ’90 & 1900
Jan 1,1895
Baltimore, Franklin Bank.
1878 to’92
Boston, Merchants’ N. B’k.
Boston or Bangor.
Jan. 1,1894
Boston, Merch’ts’ Nat. B’k,
July 1,1905
do
do
Jan. 1,1894
do
do
April 1. 1899

City Treasury,

1887 & 1898
’83. ’85 & ’98

City Treasury and Boston

April 1, 1891
July 1,1880 to »99

do

do
do

do
do

Boston, Treasurer’s Office
do

do

1891 & 1902
1878 to’87
1878 to ’97

London, Baring Brothers,

April, 1893

do

July, 1899

Boston, Treasurer’s Office,
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do

'

do

do
do
do
do
do
do
do
do
do
’

do
do
do
do
do

April, 1906

1902
1901
1905
June &

to 1905

to 1904
& 1906

Oct., 1887
Oct., 1897

3

do
do
do
do

a

S3
CO
00

I-sJm
pqx

si
§w
&
o

do

1880 to’99
1901 to 1903

Jan., 1901

do
do
do

do
do
do
do

April, 1901
Oct., 1902

1905 to 1907

do

do
do
do
do
do

to ’84
to’81
to’93
to ’94
to’81
to ’91

Oct., 1878

Brooklyn,

'

1878
1878
1882
1881
1878
1878

1880 to 1901

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

Is'

$7,898,158
236,946

do

Baltimore,Register’s Office.

lg-

Albany.—The loan to Albany & Susquehanna 354, against 212,418 in 1S60. (V. 22, p. 589; V. 23, p.
by 1st mortgage.
The valuation of 514; V. 24, p. 12; V. 25, p. 137, 334.)
property in Albany County in 18*6, by local as¬
Bangor, Me.—The valuation of real and personal
sessment. was: Real estate, $47,039,898 ; personal,
property in 1878 is $9,642,461; rate of taxation, 2 14.
$5,30j,151; total, $52,340,049. In 1876, total equal¬ The loans to European & North American Rail¬
ized valuation by State Board, $58,460,770.
Tax road and to Bangor & Piscataquis Railroad are
rate, 2*49.
secured by first mortgages on those roads.
Bath, Me.—The city holds a first mortgage on
Augusta.—Of this debt, $600,000 was issued for
railroads, and balance for canal enlargement, the Androscoggin road for the debt, and 2d and 3d
mortgages on the Knox & Lincoln for its propor¬
water wor ks, &c. Most of the debt is neld at
home.
Taxable valuation, $14,401,000; tax rate, tion of $895,000 out of a total of $2,395,000 bonds
issued by several cities in aid of the latter road.
$1 58 per $100.
Unexpended balances of appropriations and 3 per
BaUimot'e.—The fiscal year of Baltimore ends cent on city debt are appropriated annually to the
now with December 31, instead of Oct. 31.
The liquidation of the principal. Tax valuation, 1877,
sinking fund for Baltimore & Ohio RR. $5,000,000 $7,267,690; tax rate, $24 50 per $1,000.
loan is $1,958,623; West. Maryland Raiboad sink¬
Boston.—The population of Boston in 1870 was
ing fund, $166,180; and the total of all the 292,497, against 177,840 in 1860; in 1875 it was 341,919.
sinking funds, $8,640,411. The Balt. & Ohio RR. Valuation of real property in 1878, including the re¬
pays interest on $5,000,000 loan; Water loan is paid cent annexations, was $440,336,300, against $481,409,by income of water works, and Public Park by City 300 in 1877; and Dersonal, $190,060,900, against $205,Passenger Railway, and out of a total debt of 433,400; upon which the rate of taxation is $12 80
$34,092,965, $19,741,853 is dependent on the tax per $1,000, against $13 10 per $1,000 in 1877.
levy. The net debt over productive assets is given The total funded debt April 30,1878, was $42,457,('22,
at *9,25 ,445, against which are held $4,889,772 of and the sinking funds, bonds, mortgages, &c.,
unproductive assets. The estimates for 1878, Owing $16,297,245. The following is a comparison of the
to the change in the fiscal year, will cover 14 months appropriations granted by the City Council, and
instead of 12 momhs as formerly. The basis of estimated income to be received for the fiscal year
taxation is $255,000,000. The amount required to be ending April 30,1879, compared with 1877-8:
1877-8.
1878-9
raised, including the floating debt, is $4,879,639.
Less i he floating debt ($1,479,726) the amount re¬ Appropriations
$10,267,258
$9,555,892
quired is $3,399,913. The tax rate to cover fourteen Income
2,306,950
2,369,100

Percentage...,

N.
D.
A.
S.
N.
N.
N.

F. A A.
F. & A.
M. & N.
Various
A. & O.

is secured

months was increased from $1 75 to $190 on the $100.
St ite taxes
having been increased from 17 hi cents
to 18*£ cents on tne $100, the total is therefore in¬
creased of city and state taxes from $1 92J< In 1877
to $2 08K on the $100. Population In 1870 was 267,-

Due.

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

6
6
6
6
6
5

92,400

1,549,600

M.
J.
F.
M.

Principal—When

payable and by
whom.

Payable

6

500.000

Where

F. & A.

6 <fe 7

936,661
800,000
1,000,000
609,200
1,015,300

When

o

Jan. 1, 1899
1879 to’81
1891
1887
1885 to’94
1881
1878 to 90
1878 to’90
1878 to ’90
1878 to’86
1878 to ’96
1878 to ’95
1878 to ’90
1879
1901 to’24
1907 to 1912

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

City and County
State, 1877

1878-9.

$8,135,104
619,110

$7,466,410
412,740

$8,754,214

$7,879,150

The Auditor estimated that if the assessed valua¬
tions were reduced to $660,000,00.*, the tax rate re¬

quired would be nearly the

Fame as in 1877, when it
$13*10 per $1,000; the total valuations, as
above, were actually made $630,427,200. (V. 26, p.
39 ; V. 27, p. 40.)
was

Brooklyn.—There are also $27,000 7 per cent
Nat. Guard bonds due 1880-81.
The ~ Mayor’s
message, January 1,1878, made the whole city debt
follows:

as

Permanent loans

$28,113,500
4,660,747

Sinking funds
Balance

King’s Co. debt (City’s share)
Loans chargeable ‘on specified property
Tax certificates
'

-

$23,452,752
.

3,931,180
10,923,000
2,500,000

\

Total net debt.
—The debt increased In 1876

$40,706,932

$781,623, and in 1877
Population in 1870,396,200. against 266,661
Valuation of property in 1877. by the local
assessment, was $216,481,801 for real estate^ and
$659,382.
in 1860.

r*

CITY
Subscribers will confer

a

great favor by

DESCRIPTION.
For explanations

see

notes

on

first page of tables

Brooklyn—(Continued J—
Prospect Park loan, registered
Prospect Park

and coupon

loan

...

Deficiency bonds

Permanent
do

water loan

do

Sewerage fund bonds, continuous,

local

giving immediate
1

Date of
Bonds.

tax certificates

Buffalo, X. T.— Funded debt bonds

Buffalo A Jamestown Railroad
Buffalo New York A
Philadelphia
Waterworks bonds
Water bonds, coupon
Park bonds (Act
May 17, 1375)
Tax loan bonds
Water bonds, reg

par

j

1860 to ’73 $1,000
1800 to ’72
1,000
1872
1,000
1857 to ’72
1,000
1872 to’75
1,000

City bonds

bonds

do
do
do
do

Water loan
do

do

do
do

—

*

"

*

do

River improvement bonds.
Municipal bonds

for
Bonds for
Bonds for

funding floating debt

....

....

1870
1*000
1863 to’72 500 Ac.
1844 to ’54
1,000
1855
1,000
1808
1,000
1808
1,000
1860 to’61
1,000
1855
1,000
1847 to ’50 500 Ac.
1847 to ’48 500 Ac.

for se wera ge
for improving Gilbert avenue
to build
Eggleston avenue sewer
for improvement

for Water Work
purposes
do
do
do

*

(for

are

$2,000,000)

1871

1872-’74
1872-'74
1874

gold Os);

1870
187*
1874

coupon

Park improvement
Water-works bonds
Hospital bonds
Street improvement bonds, short
Olerelma-vs'ater
a
works ($225,000 are
Funded debt ($100,000 are
bp. ct.)
Lake View

Park

!

1875
1875
1870

D1

J.
M.
A.
M.

1,000
1,000
t

J.

1,000 !

Various]
M. A S.
M. A 8.
M. A S.
A. A O.
M. A S.
F. A A.
J. A D.
J. A J.
J. A J.

1,000,000
50,000

M.
J.
F.
M.

300,000
50,090
300,009

1,700,000
1,431,900

A N.
A o.
A A.j
A N.I

Various
Various
Various

315,000
201.009

409,000

J.

!

!

1,010,463

Various

$13,361,000.

111.900
Old

certificates

A

t712,390) of Erie county debt.

City

Cambridge. Mass.—The sinking funds amounted i
to $876,566. December

Chelsea, Mass

Sinking

fund. $70,548, and $21,009
to be added
annually. Tax valuation, 1878, $15,767.497; rate, $1 76.
Total debt.
—

!

account

yielded

an

Assessed Value.
Real Estate.
Personal.

$13,130,677,

1355
1356..

Charleston, S. C.—The bonds of Charleston are
!
the State of South
Carolina,
The assessed value of real
estate in 1877 wa* $16,669,- j 1873
623: personal, $7,922,155; rate of
1874
tax, $2 60‘per $100. i
1675
(V. 26, p. 860; V. 27, p. 407.)

|

ori

21.637,5)0
25,892-303
31,193.135

31,587,545
66,495.116
140,857,040

174,505,410
211,3 Tl,240
...

223,643,600
236,898,650
239.154,890
262,969,820
258,549,310
125.468,605
131,222,460
113,684 314

of

the

income
Tax

Rate.

$3,711,154
5,355.393
5,843,776
5 855,377
5,552,300




$1,591,252.

May, 1889-1891
1878 to ’98

1883 to ’84

City.

1890
1879 to i’883
1879 to 1895
Feb. 17, 1883

Aug. 1,1887-’97
1878 to ’97

July 1, ’82 to ’95
July 1, 1880
1880 to ’95
1390 to ’95

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

do
do
do
do
do
do
do
New York

19,447,941
51,392.604

53,939,469
54.653.640
52,342,950
52,847,820
45,042,540
49,103,175
45,155,830
48.295.641
36,815,716

15
20
13
14
15
15

00

00
00
00

00
00

10 00
15 00
18 00
18 00
18 00
13 00

34,715,834

May 1, 1880-’92
1880 to ’84

do
do

June, 1888

do

1888 A 1889

do
do
do
do
do
do
do

Jan., 1890

do
do
do
do
do
do
do
or

1897

Jan., 1900
June A Oct., 1900

March, 1908
Sept., 1899
Sept., 1899
Oct., 1899
March 1, 1886

Aug., 1886-’97
Dec. 1, 1891
July 1, 1902
July 1, 1902
May 1, 1906

'

London.

Y., Am. Exch. Nat. B’k.
'

do
do
do

Nov., 1890
April 1, 1895
March, 1897

•

Cincinnati.
Y., Am. Exch. Nat. Bk.

do
do
do

May 15, 1904
Jan. 1,

do

do

do
do
do
do
do
do
do

1890

Aug.,’85, ’90 A’95
May 1, 1900
1878
1879
1878
1887
1 894

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

to’82
to ’95

to’94
to ’92

til ’9|>

1878 tW’SH

1878, ’83 A '84
1
1

878 to ’92
878 to ’84
1878 to’80
1878-’87

do

do
do

paid in Chicago, instead of New Work, but
in New York is

payment

promised hereafter.
(V. 23, p. 622;
V. 24, p. 443; V. 26, p. 192,
289, 436, 522.)

Cincinnati.—In addition to the issues above
named, there remain several smaller amounts, as fol¬
lows: $108,000 5s, November,
1334; $56,000 (YY2, A
O.) 6s, 1336-88; $17,000 6s (().),
Nov., 1890; $27,000
6s (A.), Mar., >697:
$50,000 (112.), Aug., 1897. City
holds $950,000 of Cincinnati
Southern bonds in
sinking funds. In 1870 the population was 216,239.
against 161,044 in 1860. Tax rate for
18T7, $29 lu
per $1,000.
The following table from the books

of the Auditor of Hamilton
the assessed valuation-of theCounty,

the year

1860, and from 1870
Real

j Population in 1870 was 306,605, and October,
1876,
Popula- j 407,661, against 109,260 in 1860. TheinSo.
Park, West
Chicago Park, and Lincoln Park loans are not
pf the city, but of distinct corporations.
fLCliicago.—Thetotal funded debt -Jrn. 1,1878, was ‘ debts
In July, 1873,
coupons on West Parlc-boncbJEwere
tion, 1875. 20,737.

.

J.

of

,

1, 1877. The investments are [ 18>0...
nearly
all in city6
...
2
8
1
bonds at par
and stamped
“ not
negotiable.” Only $52/00 debt matures
186/
before i
1881.
Tax valuation, 1875, $63,623,014:
1867
1877. $55.
009.000. Total debt,
$4,805,175. Population, 1875, 1868...
47,836.

mostly held within

is

veur

do
do
do
do
do
do
do
do
do
do

6

,

$4,540,000

j
Waterworks, which last
Buffalo also pays 7-10 (being of
$842,352,
;

July, 1879-’83
Sept, 1, 1898

Bk. Redemption
do
do
do
do
do
do
New York and Boston,
do
do
do
do
do
do
do
do
do
do
do
do
do
do
New York (see remarks.)

Various
Various

indebtedness,
Revenue time -warrants,
Kings County, separate from the debt of Brook¬ ; $485,513.
$2,784,133.
Assessed value of real
lyn, is $4,181,821, of which the city
property, 1877, $113,634,is responsible 334:
for nineteen-twentieths.
personal,
$34,715,834—total, $148,400,148. Tax
Average tax rate in lb77, rate. 1877. 2704.
$3 17per$10(), against $3 25 in 1876.
This is the Illinois State
(V. 2-4. p. 63: and the ci
valuation,
V. 25, p. 358: V. 26, p.
y debt is limited to5
percent of that. A
282.)
decision of the Ill. Supreme Court
in Feb , 1878,
held the certificates of
Buffalo-—In 1875 real and personal
debt issued prior to
May,
property 1877. as in violation of this
were assessed at
and void. A subse¬
$3't,968,105: in 187o rule of valuation changed and assessment
quent decision held city
j
of
was $111,993,905.
scrip
1877
valid.
Of
the
In ! funded debt,
1877 real estate was
$91,130,870: personauy. $8,841,-

J»ly 1, 1896

do

Various
Various

200.900
647,259
1,335,441

1870-77

date.

Prior to 1936

do

New York

A J.

9,300*000
7 3-10
6,000,009 6g. or 7*3 M. A N.

!

years from date.
1880
1875
1878-1881
1879 to 1895
1893 to 1895
1881 to 1893
1879 to 1926

Charleston,

Various!

600,000
700.000

'

do

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

.

1872 to’74
to '70
' 1804 to
’71;
i
1808
;
I860 to '76
:
i

12 41 on the $1,0C0. Since
1877, j
June 1,tax-rate,
1817. coupon i
bonds have been
exchaugeabie
registered.
(V. j
22, d. 233, 521; V. 23. j>. 135.)

J.

175,000
150,000
100,000
136,000
450,000

! 1874

$13,111,215 for personal: total real and
personal,
$229,593,010, against $227,013,123 in 1876. The
debt
of

705; total, $99,975,575.

J.
J.
J.'
J.
J.

750,000
60,000
100,000

.

1870-’77
0 p. ct.).'1854 to ’75
11854 to ’74

Canal and canal lock
School ($294,000 are 0
p. ct.)
House of Correction
Main sewers, 8]»ecial assessment
Street improvem’ts do
Street openings, Ac. do
Infirmary and River dredging

Buffalo A New York,
do
do

Various]

150,000

1.000
500 Ac.
1,000
500 Ac.

do
N. Bk.

8.

J.
S.

M. A N.
J. A D..

99,000
.195,000
397.500
146.500

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

do

Y*, Gallatin

to 1908

3 years from

o3w

N.i N. Y., Metropolitan Bank.
Various! N. Y., Am. Exchange Bank,

250,000
300,000

1.000
1,000

1871-’72

W2

($3.142/HK>

Floating debt bonds,

W

A
A
A
A
A
J. A
M. A

210,000

1,000

1869
1869
1869
1871

B3]

C4AC5

General improvement
Cincinnati Southern RR
do
do
do

R

U

J.
J.
J.
J.
J.

1,002,000

1,000

]

Bonds
Bonds
Bonds
Bonds

200,000
880,000
3,660,000
87,000
2,550,000
2,621,000
195,000
3,408,000
2,000,000
640,000
4.191.500

500 Ac.

....

GO s-

ao CO

N.

Various
F. A A.I
F. A A.I
J. A J.
A J.
A J.

100,000

1,000
1,000

....

13

A.* AO. Boston, N.

1,170,000

1,000
500 Ac.

A

188i

13 years from date.

Ilf

2
S

J.

Q-J.

149,000

1,000

M

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

I Various
|J. A J.

266,800
500,000

1,000
1,000
1,000

'

.

55,000
485,000
162,000

3,898,454

*

&
&
&
A

1915 to ’24
1915 to ’24

do
do
do
do
do
do
do
do
do

.

774,000

500,Ac.

....

A2

689,000
514,000
100,000

1*000

....

Hospital...".
SAS2i 18G7-’G8
funding floating debt
L
1 853
Extension and improve. Water Works...K
AF
1853
Bonds to purchase Orp’n
Asyl. grds. for park.O
1858
Bonds
new

•

Brooklyn.

1878 to 1882
Redemption,
A. A O.
do
do
April 1, 1889
J. ,A J.
Boston, Tremont Bank.
Jan. 1, 1893
A J. Btoston. Bank
Redemption, |Jan. 1,1881 to ’96
A J.
do
do
Jan. 1, 1903-4-5
A O.
do
do
Apr.A Oct. 1/84-5
A J.
do
do
July 2, 1886
A J.
do
do
July 1,1881 to ’97
F. A A.
do
do
Aug. 1, 1883
A. A O.
do
do
Apl. 1, 1887-1395
M. A N.
do
do

1,597,000

=>

J.|
J.
N.
J.
J.
J.
J.

Various Boston, Bank

150,000

....

....

Bonds for erection of a Workhouse
Bonds for Water Works
C2AC3
Bonds for Common School
purposes
P
Bonds to O. & M. RR. to
purchase whf.
Bonds for ext. ana impr. Water W. prop..N
.C, D. A E
Bonds

100,000

647,125
50,000
106,000
100,000

*

....

and School bonds
Bonth Park loan (secured oil
South. Div.)
West Chicago Park (secured on West.
Div.)...

*

J.
M.
J.
M.

51,500

i

Municipal

100,000

1,000
1,000
1,000

....

?

2,729,382

500 Ac.

&
&
&
&
&
&
&
&

Due.

Whom.

Various
Various
Various
Various

750,000

1,000

....

do

200,000

4,744,000
618,000
842,000
2,950,000
2,132,750
1,000,000

500 Ac.
LOGO
*000
500 Ac.
500 Ac.
500 Ac.

-

Water loan, coup
Ch xcago— W ater loan
Water loan
St we rage bonds

9,706,000
1.510.500
1,870,000

1,600

*

J.
J.
M.
J.
J.

Principal—When

Where Payable and by

I Payable

319,000

1,000

1853 to ’54
Fire loan bonds, coupon
1866
Conversion bonds, to redeem past
due debt...
Chelsea, Mass.— Funded debt, coup
Funded debt, coup

Rate.

1,217,000

1,000

1869-71

Charleston, S. C City stock
City bonds, coupon

When I

$3,017,000

1,000
1,000

.

INTEREST.

Amount

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

°

[VOL. XXVII.

notice of any error
discovered in these Tables,

[outstanding.

Value.

;

1870
1873
187G to’78
1853 to’75
1873 to ’75
Railroad... 1871 to’73
1808 to ’76
1876
1870
18/6-7 7-7 8
1878
1858 to’63
1864
1863
1850 to ’76
1S73-T t
1874-'.
I860
1800
’77
1305
1867 to’75

02917681
Cambridge, Mass.—City

C-

j Size or

do
do
S’tli B’klyn
Assessment fund bonds,
continuous,
local
Central and Knickerbocker av. sewer
bonds..
Boulevard bonds

Temporary

SECURITIES.

Year.

estate.

1860..
1370..
1871..
1872..
1873..
1874..
1875..

$61,620,904
78,736,482
123,427,888
119,621,856
121,479,230

Ohio, exhibits
city of Cincinnati in

to 1877:

Personal

Rate tax

Total
valuation.

$1,000.

$31,411,812r $93,0320716

$17 45

estate.

57,370,754

56,9:14,044

136,107.236

130,361,932

tier

31 6'J
22 20

55,462,410
175,084,296
20 10
64,166,460
23 06
135,645,740
58,718,284
181,950,074
23 33
125.976,835
58,521,730
28 82
184.498,565
1876.. 127,143,900
50,809,066
27 04
183,952,966
1877.. 128,820,270
50,6)9,872
29 10
The city is the sole owner of179.430,142
the stock of the
Cincinnati Southern Railroad, which is leased to a
123,231,790

company formed to operate it. (V. 23, p. 379, 514;
V. 24, p. 11; V. 25,
p. 16; V. 26, p. 384, 469, 522; V27, p. 94, 172, 251, 280.)
in

tax

levied for interest and sinking fund.

The sinking

CITY SECURITIES.

December 28, 1878. j
Subscribers will confer

a

great favor by giving immediate notice of any

DESCRIPTION.
"

For

1

Date of
bonds.

> »■

Size

Amount

or

par
value.

explanations see notes on first page of tables,

213,000
200,000
130,400
1,401,000
600,000
340,500
729,500

....

....

sewer

bonds

1872
1871
1870
1872

Elisabeth, N. J.—Improvement bonds
Funded debt bonds
School House bonds
Market House bonds

1868
1869
1869
1869
1870
1876
1876
-1877

■

Redemption bonds
do

do

Fall

River, Mass.—Qity notes
City bonds
dQ

.

Water loan
do

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

....

1,000

400,000

.

1,000

300,000

1,000

100,000
505,500
306,000
414,000
250,000
125,000
475,000
202,000
500,000
130,000
300,000
1,000,000
227,000
243,000
250,000
226,500
155,000
500,000
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

.

.

.

....

do
for

$500 each)

....

....

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

....

1871-’74
1874

1872
1873
1869 to ’70
1877
1873
do
do
B.
1874
do
do
O.
1874
do
do
1)
1875
Purchase-money bonds—Southern Park
1874
School bonds—By Board of School Comm’rs.
1873
School loan, coup
1877
Jersey City—Water loan bonds, mostly coupon. 1852 to’07
Water loan bonds, mostly coupon
1869 to’73
do
do
do
1877
Forty-year bonds
1873
Improvement bonds
1871
do
do
1872 to’74

J. Ar J.)
Indianapolis— Bonds to railroads
Bonds to Un. RR. Transfer Stock Yard Co
Loan bouds, series A

....

1,000
1,000
1,000

are

.

Morgan street dock

City“bonds,

100 etc.

....

Capitol l)ond8
Holyoke, Mass— City notes
City bonds

1870
Various.

coupon

Funded debt bonds
Hudson City bonds

1872
:

Bergen school loan bonds

do
sewerage bonds
do
improvement and water bonds
do
bounty loan
Greenville street improvement bonds

500

1,000
1,000

1,000
1,000
1,000
500

1,000
1,000
1.000

1,000
1,000
1,000
500 Arc.

1,000
1,000
1,000

1,000

Various.

Various

1869
1869
1869

l,000&o
l.OOO&c

Various.
Various.

Ten-year bonds, coupon or registered
Lawrence, Mass.—Funded debt

1,000Arc
Various
500 Arc.

1876

do

Water loan

Lewiston, Me.—City bonds ($25,000 each year).
City bonds ($50,000 each year)
do
($110,000 due 1885, $210,000 1801)

1,000
1.000

76,000

Lewiston Sc Auburn Railroad
Water bonds

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

1852
1854

Water works
do

fmul, Jan.,’76, amounted to $1,700,000, market value.
The sewer, street
improvement and street opening
bonds are for special local improvements, and
redeemed by assessments on the property benefltted.

Detroit, Mich.—The amounts of bonds outstanding
given less those held by sinking fund. The
population in 1370 was 79,001; in 1874, by State cen¬
sus. 101.083.
The value of waterworks is $-2,483,880,
against a debt of $1,401,000. The waterworks bonds
are issued on a pledge of the
city credit, and $75,000
per year collected in taxes to pay interest on them.
Assessed valuation, in 1878, real and persona) prop¬
erty, $87,865,085, against $93,709,375 in 1877, which
is made on the basis or true value, but
prior to
1870 assessments were ou basis of 30 per cent of
real value.
Tax rate, 90 cents per $100.
Elizabeth,N. J.—Total debt of the city of Eliza¬
beth Jan. 1, 1878, was stated at $5,380,000, as follows: General debt, $2,950,000; assessment debt.
$2 ,430,000.
Estimated true value of real and per¬
sonal property, $32,000,000; assessed
valuation,
$16,000,000.
Tax rate is $2 50 within the lamp
and water district, and $2 10 outside.
Population
in 1875, 25,000.
Fall River. Mass,—The sinking fund amounted to
$143,0^8, January 1, 1877. The water works are
now completed.
Total debt, $3,537,047. Popula¬
tion, 1875, 45,340.
are

-

—

.

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

Total
debt. $894,993.
Tax valuation, 1876, $11,711,888.
Bonds all coupon. Population, 1875, 12,289.

Galveston, Texas.—The total city debt Sept. 1, ’77,
$861,400, of which all are 10 per cent, currency,
except $36,000 park 8s, due 1892-1902, and the limited
debt bonds, (V, 25, p. 283.)
was




i

1857 to’67
1873

249,000

150,000
91,700
133,000
262,000
1,300,000
25,000
100,000
320,000
221,(XX)
500,000
143,000
392,000
1,335,000

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

Funded debt

50,000

....

....

are

430,500
268,200
600,000
400,000
300,000
372,000
850,000

1,000
1,000

;

V

5 g.
6
6

6
6
7
6
6
6
10
8
10
6
6
6
6
6
6
6
6
6 Ac
6
6
7
6
6
7 3
7 3
7 3
73
73
8
5
6
7
6
7
7
7
7
0 Ar 7
7
7
7
7
7
7
7
7
'

5j2
6 Ar 7
6

6
6
6
6
6
5
6
6
6
7

Various
City Treasury.
Various
do
F. At A.
Boston, Revere Bank.
Aug. 1, 1894
M. At N. Boston, Bank Redemption.
May 1, 1895
M. Ar N.
do
do
Nov.1,1878-1880
M. Ar N.
do
do
Nov. 1, 1892-1906

F.
M.
J.
J.
J.

Ar
Ar
&
Ar
Ar

are

prop¬

secured

by mortgage on the property. The School Board
is 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, amount¬
ing in all to about $50,000.
Jersey City.—The total bonded debt of the city,
April 1, 1877, was stated at $14,737,450. The sinking
fund was $770,000. Assessed valuation, 1877: Jersey
City, real $54,581,869, personal $6,0 3,150; Iloboken,
real $14,016,900, personal $1,449,400; Bayonne, real
$5,183,255, personal $159,*75. Population by State
census in 1875 was 116,883, against 85,000
by U. 8.

of 1870.
(V. 2i, p. 521.)
Lawrence, Mass.—Total debt, $1,793,700, of which
$20,000 are 7 per cents. No sinking fund. Tax
valuation, 1878, $23,789,000; rate, 150. Population,
1875, 31,916.
Lewiston, Me.— Total debt, $1,096,103; sinking
fnnd, $90,410. The railroad honds were irsued lo
build the Lewiston & Auburn RR., which is owned
by the cities of those names. Assessed valuation
1877, $11,740,602; tax rate, 20 mills on the $1.
census

Aug. 1, 1899-1905
Nov. 20, 1882

do
do

July 1, 1893
July 1,1891
July 1, 1895-1906

do
^

do

Galveston.
do
New York.

1874 to’95
1907
1906
June 1, 1879 Ar’81

Boston, Treiuont Bank/

1878-1884

do
Various
do
1878 to 1892
do"
J. it J.
do
July 1, 1894
A. Ar 0.
do
do
Oct, 1,’90. to 1906
,1. it J.
City Treasury.
July 1,1882
J. Ar D.
do
June 1,1883 & ’88
J. Ar J.
do
July 1,1885&1901
J. it J.
do
July 1, ’93-1913
A. Ar 0.
do
0ct.l,’97-1907-’17
A. Ar 0. N. Y., Mercantile N. Bank.
April, 1882
A. it 0.
do
do
April, 1883
Various
N. Y., Bank of America.
1887, ’89, 91
M. it 8.
do
do
March 1, 1883

$55,867,215; taxes for that year,
levy of $1 12 per jfclOO. The bonds
Co.

do

City Treasury.

Boston, Merchants’ Bank.

J.
J.

Various

was

Union RR. Transfer Stock Yard

J.

do
•

J. Ar J.
J. Ar 1). Merchants’ Bank, Boston.
J. ‘Ar J.
do
do
July 1, 1881
J. Ar J.
Phoenix Bank, Hartford.
July 1, 1890-’93
F. Ar A.
City Treasury.
Aug. 1, 1900
J. Ar J.
Suffolk Bank, Boston.
June 1, 1891
F. Ar A. Merchants’ Bank, Boston. Aug. 1,1882 Ar ’84
J. Ar JJan. 1, 1893
City Treasury.
J. Ar J.
do
Jan. 1, 1897
Various
1878 to 18S6
City Treasury.
A. Ar O.
do
Oct. 1, 1889
J. Ar J.
do
Jau. 1, 1900
A. A: O.
do
Jan.AcApr.l, 1894
Jau.
Jan. 1, 1889, to’90
City Treasury.
J. it J.
N. Y., Winslow, L. Ar Co.
Jan. 1, 1897
J. & J.
do
do
July 1, 1893
J. At J.
do
do
July 1, 1894
J. Ar J.
do
do
July 1. 1894
J. Ar J.
do
do
July 1, 1895
J. Ar J.
do
do
Jan. 1, 1899
A. Ar 0.
do
do
Oct, 1, 1878
do
A. At 0.
do
Oct, 1, 1882
J. At J. N. Y., Merch. Ex. N. Bank. Jan., 1879 to ’95
do
Various
do
1899 to 1913
J. it J.
do
do
July 1, 1907
J. Ar J.
do
do
July 1,1913
M. Ar N.
do
do
May, 1891
do
do
‘1892 to ’94
1 Various
do
J. Ar J.
do
Juno 8, 1900
do
Various
do
Various.
do
J. A J.
do
July 1,1896
i Various
do
do
Various.
do
J. Ar J.
do
Jun., ’98 to 1900
IJ. Ar J.
do
do
July, 1889
U. Ar J.
do
do
July 1, 1879 & ’89
Various
do
do
Various.
do
J. A J.
do
Various.
J. Ar D.
do
do
June 1,1886

coupon, hut can be
Sinking fund, $12,000.
Total debt.
$!)6’,5!t0. Tax valuation, 1377, $9,399,820. Popula¬
tion, 1875, 16,260.

Indianapolis.—The assessment of taxable

A.
N.

Various
M. Ar S.

Holyoke, Mass.—Bonds all

to

1898
1899
1890
1895
1895
1906
1906
1907
1878 to 1888
1878 to 1891

7 3-10

5, 6, 7

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

-

7
7
7
7
7
6
7

1893 & 1907

Sept. 1, ’78, to ’86

.

Various
do
do
F. Ar A.
do
do
Various N. Y., Farmers’ L. & T. Co.
Various
do
do
Various
do
do
do
Various
do
A. & 0.
do
do

registered.

a

New York.
do

Various N. Y., Metropolitan N. Bk.
Various
do
do

Hartford, Conn.—Total debt, April, 1878, $3,050,000; net, after deducting resources, $2,152,100. 'lax
rate in 1877, 9% mills for city, aud 8# for town pur¬
poses; for 1878, 8X mills for city is recommended.

erty in 1877
$620,112, or

S. i

....

100,000

1,000

Galveston, Texas- Bonds for various purposes... 1860 to’74
Limited debt bonds (sinking fund 2 per cent).
1877
Galveston County bonds, G. C. & S. F. RR
1870
Hartford, Conn —Water bonds ($50,000 due’81)

City bonds (II. P. &F. RR )
Park bonds (4 of these bonds
Funded debt

.

Large.

....

Water bonds
do

.

m

lOOO&c.

....

Fitchburg, Mass.—City notes
City bonds

m

whom.

"7

100,000
200,000
300,000
300,000
105,000

....

....

($00,000

(?)

....

....

Water loan
Railroad loan

2,477,000

....

....

„

.

Prin cipal—W hen
due.

Where payable and by

payable

M. &

6
6
7
7
7
7
7
7
7
7
7

90,000
66,000

....

When

5, 6, A:7 Various iN. Y., Am. Exch. Nat. Bk.

250,000
100,000

....

do
Water loan
do
do

Rate.

767,000

....

H. & N. RR. bonds

E. C. & P. RR. bonds
do
do
Water works bonds

do

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

1875-’76

Bonds due 1005

do

....

to’74
to’75
to’73
1865 to’66

'

Consolidated improvement bonds

Evansville, Indiana.—E.
City wharf bonds

to ’74

INTEREST.

$1,568,000

,

discovered in tliese Tables.

error

-

outstanding.

Cleveland—( Continued)—
Viaduct (mostly F. & A., A. Ar O. and J. & D.) 1873 to ’77
$1,000
Bonds
1877
1,000
Bonds
1878
1,000
Detroit, Mich.- Bonds for various City purposes 1855 to ’59
Bonds' for Water Work Co., on city’s credit... 1855 to’70
1,000
Public Building stock (City Hall) bonds
1859 to ’71
Public

is

Louisville.—Tho funded debt, January 1,
exclusive of loans payable
by railroads,

1878,
was

$8,182,000, against $8,258,000 January 1, 1877. Of
the $8,182,000 there is payable out of the sinking
fund $3,654,000; payable by special tax, $4,518,000.
Population by census of 1870 was 100,750, against
68,033 in 1860; now estimated upon tho basis of 7 to
a voter makes 120.000.
Assessed value of property
was highest in 1874, being then $78,295,114; in 1878 ft
is $68,194,487. Rate or taxation for all city purposes
in 1877 was $2 25 on $100 in each district.
The fol¬
lowing figures give the assessed property valuation
for the past nine years.
For 1870, $7w,806,713; 1871,
$76,845,995; 1872, $77,156,643; 1873, $77,225,372; 1874,
$73,295,114; 1875, $75,536,812; 1876, $71,849,772; 1877,
$63,522,947; 1878, $63,194,487. In order that this
shrinkage m values may be better understood, the

following table is added:
1874.

1876.

Grounds& impr’ts. $62,218,922 *56,880,98*
Merchandise
9,696 401
8,061,150

Residuary
Personalty

5,66-1,930
714,860

6,897,733
509,9j5

1S78.

$48,770,596
7,213.691
6,614,331
595,900

The Mayor iu his message, May, 1878, says that the
floating debt, Jan. 1, 1878, was $1,038,654, less
$761/02 of available tax bills. He says a’so: “I
deem it entirely appropriate to state here that the
bonded debt is really $316,000 less than the amount

above quoted, as the sinking fund has purchased to
date 297 6 per cent and 18 7 per cert bonds, iu all
315 bonds of $1,000 each, which
they hold as an in¬
vestment. This would in reality reduce the bonded
debt to $7,867,000. As assets against this liability
the city owns every share, except two, of tho water¬

works:

nearly $1,000,000 of gas etocK. $1,000,000 of
RR. stock, at 40c., or $400,000; wharf
property, Ac,, &c.”
Nashville

CITY

X

Subscribers will confer

a

great favor

DESCRIPTION.
For explanations

see

notes

on

[Vol. XXVII.

by giving immediate notice

Date of
Bonds.

first page of tables

SECURITIES.

Size

of any error

INTEREST.

Amount

or

outstanding.

par

Value.

discovered in these Tables*

Rate.

[ When
'Payable

Wliere Payable and by
Whom.

Various
A J.
Various
Various

N. Y., Bank of America.
N. Y., Bank of America.
New York and Louisville.

Principal—When
Due.

Louisville, Ky.—(Continued)—
For improvement of streets

Re-constructing

street
buildings and institutions

!

Public

Public school and school houses
Sewer bonds
do

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

1866 to ’67
1873
1871 to ’73
1853 to’70
1868
1871
1868 & ’73

$1,000

$201,000

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

600,000
650,000
202,000

1,000

425,000
1,993,000

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

1,000*
1,000
1,000
1,000

do

1,000

1,000

....

Lynn, Mass— City notes

1,000

Large.
Large.
1,000

Large.

....

Water notes
Water bonds
Funded debt.:.
City Hall and School House

81,000

1,000
1,000

’54,’62,3, 8

lS70-’3-’5 Large.
1871-’4-’6
1.000
1862 to ’76 500 Ac.
1857 to’67
1,000

Manchester, N. U.—City bonds
City bonds ($70,000 1884, $10,000 1885)
do

....

....

•

Water bonds ($100,000 each
year)
do
do
do
Sewer bonds ($8,000 1880, ’81,
’83, ’85)
Suncook Valley Railroad
Memphis, Tenn.—School and paving bonds
Post bonds

....

1874
1872

1867, ’8, ’9 500 Ac.
1870
1,000

Funding loan, gold

Railroad bonds
Endorsement Memphis & Little Rock RR

General city bonds
do

1857
1877
1861
1871
1876
1872
1872

coupon

Milwaukee—Re-adjustment

1,000
100 Ac.

1867 to’68

Mississippi River

Compromise bonds,

100 Ac.
100 Ac.

....

bonds

do

Water bonds, coupon
do
registered

Minneapolis, Minn.—City bonds
City bonds

1.000
1,000
500 Ac.

1,000
1,000
1,000

10,000
1,000

....

do

1,000
500

....

Western division

....

do
do
do
do

....

Mobile—Funding bonds

500
500

....

1,000

....

500
500
500

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

Public scho ol bonds
Clinton Hill bonds, coup. & reg. (s. fd. 3
p. c.).
Corporate bonds, coup, or reg.(act Apr. 21,’76)
Sewer and improvement bonds (local
liens).
Aqueduct Board bonds
Floating debt bds, cp. or reg. (act Apl. 21,’76)
Tax arrearage bonds
New Bedford, Mass.—City bonds
.

City improvement

War loan
Water bonds
do
do

New Haven,

....

1875
1878
....

....

1878
1876-’77
1861-’74
1875
....

1876
1867 to ’76

1872-’74

Conn.—Sewerage

City Hall...
City railroad ($20,000 payable each year)....
City bonds (10-20 bonds)
N. Orleans—Consol.debt
($650,000pay’ble y’rly)

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

....

....

....

....

1877
1852

.

.

J

.

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

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

Railroad debt
1854-55
Waterworks loan of 1869
1869
Seven per cent funding loan of 1869
1869
Seven per cent funding loan of 1870
1870
Jefferson City (debt assumed)
’57, ’67,’70
Wharf impr. bonds (assumed by
lessees)
1870
Street improvement bonds
1871
1,000
Consol, gold bonds (gen’l and
drainage series)
1872
1,000
Ten per cent bonds, deficit and old claim
1871
Various.
New premium bonds (in exchange)
N. O. Waterw’ks Co. new
bds.(for $2,000,000)
Newton, Mass.—City bonds and notes
1864 to’75 1,000Ac
Water loan ($600,000 6s. balance 5s)
1875
1,000

-

....

..

m

Lo'ivell, Mass.—All

the notes held by
Water loan sinkin<r fund, $143,906.savings
Tax
valuation, 1878, $40,064,126; 1877. $39,345,266. Total

banks.

m

m

„

6
7
7
6
6
7
7
6
6
6
7
7
7
7
6
5 to 7

^

J.

J. A J.
J. A D.

money. The proposition is to issue the new com¬
promise bonds in exchange for the present indebt¬
edness

(including interest

ness) at 50 cents

on

past due indebted¬

the dollar. For judgments the
Legislature authorizes the payment of 55 cents.”
Assessed valuation of real
estate, 1875, $19,329,600;
personal, about $6,500,000. Tax rate, $2
per $100.
Population in 1870, 40,230. (V. 25, p.

652.)




on

114; V. 27,

p.

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

Louisville, City Treasurer.

July, 1898

N. Y., Bank of America.
Various
do
do
293,000
Various Louisville and New York.
134,000
A. A 0.
do
do
J. A D.
86,000
do
do
605,000
Various
do
do
M. A S.
500,000
N. Y., Bank of America.
F. A A.
107,000
do
do
J. A J.
350,000
do
do
1,508,000
Various New York and Louisville.
503,500
Various
City Treasury.
500,000
6,6i2 Various
do
6
M. A N. Boston, Bank
1.300,000
Redemption.
530,000
6,7
Various
City Treasury.
471,500
6,7
Various
do
6
450,000
J. A J.
Boston, Bank Republic.
387,500 5, 5ig, 6 Various Treas’y A Bost. Bk.
Repub.
44,200
Various
5, 6
do
do
6
117,000
J. A J.
City Treasury.
6
A. A O.
80,000
do
6
M. A N.
70,000
Suffolk Bank, Boston.
6
200,000
J. A J.
do
do
6
J. A J.
400,000
City Treasury.
5
J. A J.
32,000
do
6
F. A A.
36,000
do
6
J. A J.
Memphis.

1,300,000
341,000

0 g.
6
7
6
5

60,000
300,000
900,000
350,802
242,000
100,000

7
7

429,000
1,171,000

7
7
8

250,000
70,000
50,000
60,000
124,500
110,000
115,000
125,000

1,785,122

8
8
10
8
7
8
7
6

184,000
1,227,500
73,000

6
6
6 A 7

1,890,000
500,000

6 A 7
7

400.000

7
6
7
7
6
7

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
4,382,250
775,000

6,7
6
5
5
6
7
7
6
6

5

.

295,000

697,300
438,150
98,000
410,000
30,000
221,000
379,000

11,211,240

-

6
6
5
7
7
8
73
73
7 g.
10
5

£

M. A N.

5 A 6

Juue, 1901
1888 A 1903
1878 to 1898
Oct. 1, 1898
1889

1880, ’94 & 1901
Sept., 1891
Feb. 1,1880
July, 1901 A 1903
1881 to ’93
1878 to 1894
1886 to 1894
Nov. 1, 1890
1878 to 1890
1878 to 1890

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

April 1, 1884-’85
May 1, 1893
Julv 1, 1890 &’95
1887-’92-’97-1902
July 1,1880 to’85
Aug. 1,1879 to ’87
1873 to 1902
1873 to 1900

Nov., 1900

A J.
Charleston, S. C.
July. 1872
J. A J.
N. Y.f H. Talmadge A Co.
1907
J. A D. Milw. and N.
Y., A. Goettel.
June 1,1891
J. A J.
do
do
Jan. 1, 1901
J. A D.
do
do
June 1,1896
J. A J.
do
do
Jan. 1,1902
J. A J.
do
do
Jan. 1, 1902
J. A D. New York, Park Nat. Bank.
Dec. 2, 1892
F. A A.
do
do
Feb. 2, 1894
M. A N.
do
do
May
1, 1905
Various
do
do
18§1to 1885
J. A J.
do
do
1886 to 1900
J. A J.
do
d*o
July,’91-’96-1902
F. A A.
do
do
Feb. 1,1891 & ’9
M. A N.
do
do
Nov. 1, 1901
M. A N. Mobile, Mob.
Savings Bank
N©v., 1905
Various
New York.
1875-77-79
Various New York and Nashville.
1870 to ’96
Various
Newark, City Treasury.
1877 to ’93
Various
do
do
1878 to ’91
A. A 0.
do
do
April, 1888, to’ 91
J. A J. Newark, Mech. Nat. Bank.
July 1, 1895
F. A A.
Aug. 1, 1908
M. A 8. Newark, Mech. Nat. Bank.
1879 to’93
Various
do
do
1876 & 1892
do
do
1908
F. A A.
do
do
1886-’87
A. A O.
City Treasury.
1879 to 1889
A. A O.
do
1891 to 1910
A. A 0.
1878 to 1884
A. A O.
1900 to 1904
A. A O.
1885 to 1909
A. A O.
1883 to 1909
A. A O.
City Treasury.
Oct. 1, ’91 & 1901
J. A J.
do
July 1, 1881
A. A 0.
do
Oct. 1,1877 to ’86
J. A J.
do
July 1,1887-1897
J. A J.
New Orleans.
July 1, 1892
Various
do
1874-5 & 1894
J. A J.
do
Jan. 1, 1899
M. A S.
do
March 1, 1894
J. A D.
do
June 1, 1895
Various
do
1887 to 1897
J. & D.
do
Dec., 1880
F. A A.
do
Aug. 1, 1911
New York or London.
Q.-J.
July 1, 1922
A. A O.
New Orleans.
April 1, 1881
'

387,000 5, 6A Gig Various

790.000

1883 to’89

J.

J.

A

Milwaukee.—The city cannot issue debt beyond 5

per cent of its average
In 1876, valuation was
763 personal

assessed value for five years.
$38,743,42* real, and $14,931,debt, $2,303,500. Population, 1875, 49,6;8.
property; tax rate in
mills.
Lynn, Mass.-Total debt, $2,256,000. Sinking Sinking funds are provided for 1875,25.64
all the bonds.
fund, $166,470.
Tax valuation, 1870, $20,927,115. There is also about
$47,000 scrip issued to settle
Population, 1875, 32,600.
old railroad bonds.
Population by State census,
Manchester, N. H.—Total debt, $1,019,491; assets, 1875, 101,000. (V. 23, p. 622.)
$83,367.
Minneajiolis, Minn.—Total debt, $971,500; tax
Memphis, Tenn.—The city has been in default for valuation, 1876, $21,834,078; bonds all coupon.
interest since Jan. 1, 1873. The total
Mobile.—'The valuation of property in 1877 was
floating debt
$11,Juiy 1, 1877, was $2,005,974 of which $735,420 was 022,049 real estate and
$6,118,462 personal property;
overdue interest, and there were nominal
tax rate, 1 6-10 per cent. Interest was in
assets
default
(unpaid taxes, Ac.) to balance this of $2,113,690. from July, 1873. A settlement with
bondholders was
The circular of July, 1877,
urging the city cred¬ offered by Act of March 9. 1875, viz.: $510 in 6 per
itors to accept the
proposition nad the follow¬ cent bond for $1,000 of the old 8
ing: “These new bonds are especially valuable, per cent bonds have a lien on per cent. The 5
revenue, and
1st, because they and the coupons are made exchange for these was offered city
at 75 per cent of
receivable in
their
face.
payment of all taxes and demands
Up to Jan.,
o the
city, and this feature is expressly made settled, of old bonds, all 1878, there had been
except $12,10) of old
part or the contract with the
bondholders; bonds, A, B & C ; $56,6 0 of bonds D. E & F; $33.2d It is part of the
and irrepealable, 500 8s of 1871; $123,000 of Mob. & Gt. Northern RR.
contract,
that the city shall not issue
any more bonds. 8s; $16,000 wharves 8s; $30,000 Mob. & Ala. Grand
The annual levy of taxes for all
purposes will of Trunk 8s; and $151,00) Mob. & Northwestern RR.
course exceed the

amount cf the annual interest
coupons on the->e bonds.
Hence the interest is
ast-ured at all events, even if
by inevitable misfor¬
tune the city should fail to
pay the interest in

Louisville.

8s. Also about $145 000 overdue interest on
these
issues. A mandamus was issued from
theU.S. Cir¬
cuit Court, and the Auditor’s
report says that
“
unscrupulous bondholders succeeded in grinding
out of the poverty of our
people the satisfaction of
their claims.” Population about

38,00®. (V.2Q,p.302.)
Nashville, Tenn.—At the close of the fiscal vear,
Sept. 30.’?8, there were $301,185 of past-due coupons,
judgments, overdrafts. Ac. The total debt was
$1,712,685, against $1,671,360 Oct. 1, 1877. Assessed
valuation of all property, about
$11,000,000: tax rate,
1878i 2
per cent.

Newark.-^The bonds in the first line in the table

City Treasury.

J. Boston, Comm’nwealth Bk.

1879 to 1895

July 1,1905

payable out of the sinking fund of 1859, which
to $113,663; tUose In second line out of
sinking fund of 1864, $1,013,623; public school bonds
out of public school
fund, $141,911; Clinton Hill
are

amounts

bonds by

sinking fund, $40,631;

tax arrearage,
improvement bon^ tne
city holds $2,074,513 of assessments unpaid and a
lien on the property.
Temporary loan bonds, Jan.

$165,000;

against local

1, 1878, were $1,192,000.
Valuation of real and
personal property, 1876, $97,116,004. Tax rate for
all purposes, 1877,
$1 96 per $100, against $1 93 in
1876.

Population

in

1870, 105,059.

New Bedford, Mass.— Total debt,
$1,250,6C0.

No
sinking fund.
Tax valuation, 1870, $22,996,014.
Population, 1875, 25,895.
New Haven, Conn.—Total debt. $939,000. Sinking
fund on City Hall loan, $47,969 73. The
city has
made a “ special loan” of
$75,000 to the New Haven
& Derby RR
and “guaranteed” $225,000 of its
second mortgage bonds, on which the
city has been
obliged to pay the interest, and on $5u,000 of the
,

special loan. Interest advanced to the road, $82,890.

Population, 1870, 50,840.

New Orleans.—A decision in June, 1878, holds
invalid the special tax p o\ isions for consolidated
bonds. The floating debt, Jan. 1, ’78, was $1,841,928.
The assessed valuation of

property for 1878 is
$111,123,695, real and personal. State'tax, 14& mills;
city tax, 15 mills; total tax, 29)£. A scheme for
settling the debt by a bond premium drawing plan
is in practice, and
drawings take place January 31,
April 15, July 31, and October 15. Population in
1879, 191,418;. in 1860. 138,670.
(V. 26, p.436, 617;
V. 27, p. 148, 22a, 629.)
Newton, Mass. -Total debt, $1,262,054. Tax valu¬
ation, 1878, $25,012,910; rate, $13’83 per $1,00)

Population, 1875, 16,105.

December

CITY SECURITIES*

28, 1878. j

Subscribers will confer

a

great favor

DESCRIPTION.
For explanations see notes

on

by giving immediate notice of

Date of

.

Croton water stock
New Croton Aqueduct stock

Size

or

Value.

first page of tables

New York—Water stock
Water stock

.

1841 to ’63
1872
1846 to ’G£
1865-6
1870 to’77
1871 to ’77
1865 to ’74
1866 to ’70
1869

.

.

).—F.
M. <fc N.

3,341,071

Q.-F.

1862.395740

.

.

.

.

.

1870

N.Y.Bridge bds ($1,500,000 red.after July,’90 )

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

1869-’77
1869-’70

1874-’77
1871
1871

1874-’77
1874-’78
1871-'78
1871
1871

Additional Croton water stock
1871-’7S
Sewer repair stock
1872
Consolidated stock
1874
do
20-50 (redeemable July ’9G
1876
Museum of Art and Natural History stock
1873-’7G
Third District Court-house bonds
1874
Armories and drill-rooms
1877
Liquidation of claims and judgments
1875-6
Central Park commission improvement bonds
1876
County Court-house stock
1862 to ’68
do
do
No. 3
1S71
do
do
No. 4 <fe 5
1872
Soldiers’ bounty fund bonds
1864
Soldiers’ subs, and relief red. bonds
1864
Soldiers’ bounty fund bonds, No. 3
1865
Soldiers’ bounty fund red. bonds, No. 2
1865

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

<fec.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
&c.
&c.
&c.

500
500
500
500
500

....

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

100 «fee.
100 Ac.
100 &e.
100 «fee.
Riot damages red. bonds
1864
100 &e.
do
1864 to’72 100 &c.
indemnity bonds
Assessment fund stock
1868 to ’72 100 &c.
do
do =
1873
100 (fee.
do
do
1875
100 Ac.
Repairs to buildings stock
1870
100 .fee.
Consolidated stock, gold, coupon
1871 to ’72 500 Ac.
Accumulated debt bonds
1869 to ’70 100 &e.
N. Y. and Westchester Co. improvement bonds
1870
100 <fec.
Consolidated stock
1874
100 <fee.
For State sinking fund deficiency... ^
1874
100 Ac.
Debt of Westchester towns annexed
Consolidated stock, gold
1878
500 Ac.
Norfolk, Fa.—Registered stock
100
Coupon bonds ($20,000 due ’94 are 6s J. <fc J.) 1870-’74
100
Trust & paving, coup, (pav’g, $189,300, J.&J.) lS72-’73
100
1871
Coupon bds, water (a mort. on water works.).
100
Noricicli, Conn.—City bonds...-.
1868
1,000
City bonds
1877
1,000
Water loan ($50,000 1890, $250,000,1898)... 1868 & ’70
1,000
Court House
1875
1,000
Sinning fund bonds
1878
1,000
Paterson, N. J.—School bonds
1858-’73
500
Funded debt bonds
1S62-’71
500
Improvement bonds
1869-’71
500
Sewer bonds ($125,000 are M. & S.)
500
' 1869-77
War bounty bonds
1863-’65
500
1877
100 Ac
Funding bonds, “A”
Renewal bonds, “B”
1877-’78
500
Philadelphia—Bonds prior to consolidation
Bonds for railroad stock subsidy subscript’ns
1855
do
for water works
1855 to ’71
do
for bridges
1859 to ’70
do
for park and Centennial
1868 to’70
....

...

....

....

.

mm

.

....

....

....

New York City.—The total ^debt of New York.
Jan. 1, 1878, was $148,821,057; the amount of
sinking funds $31,080,007. 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. 1/78. Oct. 1, ’78.
Funded debt.... $119,631,313 $121,440,133 $119,167,415

'payable

500,000
2,900,000
250,000
3,614,600
4,710,000
970,637
490,000
450,000

.

coupon

When

$2,414,000

.

do

Rate.

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

.

do

INTEREST.

Amount

outstanding.

500,000
24,000
399,300
3,849,800
6,340,000
296,000
75,000
2,215,900
7,269,400
700,000
521,953
597,586
2,767,000
3,000,000

3,000,000
6,500,000
2,738,239
1,000,000
300,000
2,168.000
7,413,600

5,659,000
200,000
636,000

1,165,000
265,000
8,779.700
2,058,350
936,000
398,000

375,880
276,825
900,000
1,880,000
600,000
539,600
4,000,000
946,700
745,800
376,600
500,000
855,204
1,719,400
493,200
900,450
100,000

14,702,000

6,000,000
30,000
1,680,200
3,119,600
1,100,000
6,900,000
1,027,287
222,000
415,800
500,000

125,000
160,000

200,000
164,000
150,000
130,000
140,000'
38,000
353,000
433,500
100,000
90,000
6,630,021
1,725,000
6,500,000
4,853,500
8,701,600

..

.




,

,

"

_

...

™

™

..

.

The report

due.

Q.-F.

1879 & 1880
Nov.

i|-F.

Aug. 1,1884
Aug. 1,1900
Nov.

l—F.

1880
1887 & 1898
1879
1S80

Q.-F.
Q.-F.

M.

M.

July 1, 1898

N.

N.
M.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
M.
N.
Various
M. & N.
M. & N.
M. & N.
M. & N.
M. & N.
M. & N
M. & N.
M. & N.
M. & N.
M. & N.
M. A N.
M. & N.
M. & N.
M. <fc N.
M. & N.
M. & N.
M. & N.
M. A N.
M. & N.
Various
M. & N.
M. & N.
J. & u.
M. <fe N.

M. &

*N.

&
&
<fc
&

J.
S.
O.
N.

J.
J.
J.
J.

<fc
&
&
&

D.
D.
D.
D.

■

1887 <fc 1895
Nov. 1,1901 to ‘9
1894 & 1897

N.

J.
M.
A.
M.

1,1900&1906

1907 to 1917
1907 to 1911

M. & N.
M. & N.

tfc
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

1,1902

1883 & 1890

M. & N.

1888

’89,’92,’96 & 1926
1889 & 1892
1889
1899
1884
1879
1890
1905 <fc 1926
1884 to’88

1879, ’82, & ’88
1879 to’82
1890
Nov. 1,1879 to’83
Nov. 1,1879 to’83
1901-1904
Nov. 1, 1891
Nov. 1, 1891

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

May,’97,1916-’26
1903
Nov. 1,1890
1880 & 1881

July 1, 1879
Nov. 1,1879 to’80
1879 to ’92
1884 to’88
1894 to’98
1883 to’90
1880 to’81
1S95 to ’97
1891
1879
1882
1887
1903
1910
1884 to’88
1896 to 1901
1884 to’88
1891
1896
1879 to’86

<D

.2

1908-1928
1878 to’85

Norfolk, Treasurer’s Office.

do
do
Sept., 1890
Norfolk, Cit. & Peop. Banks Apl., ’92; July,’93
New York, Park N. Bank.
May, 1901
A. & O. ThamesN.Bk; Bost.,Bk.Rep
Oct. 1, 1893
A. & O.
Norwich,
April 1, 1907
J. & J.
do
Jan. 1, ’98 & 1900
J. & J.
do
Jan. 1, 1905
A. & O.
do
April 1, 1908
J. & D.
Dec., 1878-1904
City Hall, by Treasurer,
J. & D.
do
Dee., 1879-1900
do
,

do
do
do
do
do

Various

acres, were annexed to New
of Comptroller Kelly to August
1, 1877, is given at some length in V. 25, p. 198.
Last report of Comptroller in Vol. 27, p. 252. Mayor
Sinking funds.. 28,179,102
31,080,607
30,813,483 Ely, in his message Jau. 1878, remarked: From an in¬
debtedness of about $18,000,000 on Dec. 31, 18)7, at
Net debt.,
91,452,211
90,360,126
88,353,92/ the expiration of ten years, namely, December 31,
Temporary debt. 22,371,400 21,329,500 20,939,500 1867, the amount had'increased to $32,914,421 26.
Revenue bonds.
6,104,844
6,051,424
19,727,817 This covered the period of the war, during two
The population of New York by the U. S. census years of which, 1863 and
18’4, more than $12,000,093
in 1870 was 922.531, against 805,658 in 1860. Since was added to the debt. From 1867-8
may be dated
Jan,* 1, 1861; the valuation, rate of taxation, and the accession of the corrupt administration known
net funded debt at end of year, have been as fol¬ as ‘’the
Ring” to full control. This dynasty con¬
lows:
tinued in power for nearly five years, uadi 1872,
r-Ratetaxp.
Rea
* $1,000.—^
Personal
Net
during which period the aggregate debt of the city
Year, estate.
estate.
State
debt.
increased as fol ows : 186J, $35,983,647 ; 1869, $47,City.
*
$
731 84» ; 1870, $73,373,552 ; 1671, $88,369,3 h ; 1872.
$
1861..406,955,665 174,624,306 62 IH 36
20,087,301 $95,582,153. Then folknved an almost entire change
172,416,031 3 87 13 45
21,695,506 of administration, and many sincere efforts to econ¬
191,967,161 4 27 16 OS
26,185,190 omize expenditures and diminish the increase of
223,920,505 5 31 17 2.)
33,769,601 the public debt. But such efforts were only to a
181,423.471 4 96 24 94 * 35,973,597 limited degree successful, as the following table257,994^74 3 94 19 06-5 33,654,683 of its increase from 1873 to 1876 wall show:
276.389,451 4 67 22 03 = 32,914,421 1S73
...$106,363,471 I 1875
$116,773,724
1868.-623,236,555 285,199,972 6 13 20 V,
35,983,647 1874
114,979,969|1876
119,811,310
281,142,696 2 72 >9 93 a 47>i;840
The outstanding assessment bonds (payable out
305,285,374 2 70 19 80 3 73,373,552
306,947,233 4 43 17 90 .2 88,369,386 of local assessments on property benefitted) are
306,949,422 5 20 33 81 * 95,582,153 represented by advances to contractors, advances
29 g5:>7,643 5 41 19 59 £106,363,471 on Boulevard work, and uncollected local assess¬
272.431,181 6 95 21 05 ^115,187,969 ments. The new consolidated 5 per cent gold bonds,
217,300,154 '—29 40—- j 116,773,721 for $6,900,(,0), were taken Oct., 1878. at 105’28 (V.
218.626,178 '—28 00—'
119,811,310 25, p. 17, 198, 358, 458; V. 26, p. 41; V. 27, p. 228. 25?,
206,028,160 '—26 50—'
117,741,050 303.)
lc78..900,855,70Q 197,532,075 '—25 50—' l
Norfolk— The “Trust” bonds due April, 1892,

York.

Principal—When

Where payable and by
whom.

M. <fc N.

The tax rate for 1877 was placed at $26 50, to
raise $29,176,940.
By an act of 1874 the towns
of West Farms, Morrisania and Kingsbridge, em¬

bracing about 12,000

discovered in these Tables*

any error

$10(Kfcc.

Additional new Croton Aqueduct
Croton water main stock
Croton Reservoir bonds
Croton Aqueduct bonds
Croton water pipe bonds
Cent. Park fund stock ($275,000
only due ’98 ) 1857 to’59
Improvement bonds
1874
Third Avenue improvement bonds
500
(23d ward )
'1877
Central Park fund stock
1856
100 <fce.
Central Park improvement fund stock
1858 to’71 100 &c.
Dock bonds
500 <fcc.
1S70-’7S
Market stock
1865 <fc’68 100 Ac.
City Cemetery stock
100 Ac.
1869
City improvem’t st’k (part red’mable after ’96 )
500 Ac.
1876
do
do
1870-’73 500 Ac.
Lunatic Asylum stock
18G9-’70 100 &o.
Fire Department stock
100 &c.
1869-’70
Fire telegraph bonds
100 Ac.
1870-’73
Tax relief bonds
1869
100 &c.
.

xi

Dec., 1878-1886
1882-1902

do
do
do
do
do

Dec,, 1878-1900
June, 1887
1901-1904
1878 to’85

Phila., Far. & Mech. N. B’k
do

do

do
do
do

do
do
do

|

1878 to 1903

1878 to 1905

are secured by
deed of trust on city property.
Coupons of 1st series are pavable at Citizens’ Bank;
coupons of 2d series at People's National Bank.
Tax rate, $1 60; water tax, 40 cts., (special); total
rote, 2 per cent.

Philadelphia.—The to*al funded debt, January 1,
1878, was $55,722,141; guaranteed debt, $5,999,400;
floating debt, $11,893,810. Sink,ng funds, $12,333,367.
Total disbursements of the city1 for 1877 were

$15, 785,15S, classified as follows: Judgments, «fcc.,
$699,182; interest on city loan, $3,761,968; interest
city warrants, $652,181; sinking fund-, $80.*,245;
warrants of previous years, $-*,3/7,205; amount paid
on
loan warrants, $631,553: erection of public
buildings, $230,379; cash for the departments,
$462,461. On Oct. 1, 1878, the Comptroller’s b'-oks
showed funded debt $61,101,441;
floa'ing debt,
$8,885,607; cash on hand, $2/91,648. The following
on

table exhibits the assessed valuation and tax rate in
the city since 1871:
Real

Year.
1872..

Estate.
.

...

1873..
1874..
1875..
1876..
1877..
1878..
1879..
There is

$502,415,863
518,234,568
539,003,602
565,849,095
585,408,705
593,313,532
586,988,097
526 539,9/2.

Personal
Estate.

$8,698,819

8,930,700
9,239,933
9,434,873
10,004,673
9,755,000
t

8,059,8)2

Rate Tax

$1,000
$20 80

per

21
22
21
21
22
21

50
00
50
50
50
50
...

large amount of city debt maturing in the
Assessed valuations of real estate
for 1879 are:
Fall city propeity, $431,533,599;
suburban property, $31,992,025: farm property,
$18,034,240.
Population, 1870, 674,022,
agaimt
565,529 in 1860. (V. 27, p. 629.)
no

next four years.

xii

CITY

Subscriber* will confer

a

great

on

Date of
Bonds.

first page of tables.

Size

outstanding.

[ 1862 to ’65
....

.

Water loan ($50,000 each year)
Water loan

•

.

„

^

m

„

.

....

Bounty loan ($21,000 each year)
Peoria A Rock Island Railroad
loan (coup, or

....

1868 to'74
1845 to'72
1863
1871 to'73

....

'68,'69/70

1,000
1867 to'69 500 Ac.
1872
1872
Municipal—proper
1852-75
500 Ac.
Building loan bonds
1867
1,000
Providence, R.I.—Bonds for public improvem’ts
1855
lOOOAc.
Recruiting and bounty bonds
1863
lOOOAc,
Water loan bonds, gold, coupon and
1872
reg
1000&C.
do
do
do
1874
lOOOAc.
do
do
do
1876
lOOOAc.
City Hall A sewer loan b’ds, sterling, cp. or reg
1875
£100
Prov. 6c Springfield RR. bonds,
guaranteed..’
1872
1,000
Brook Street District notes
1677
1,000
Rochester, N.Y.—To Genesee Valley Railroad
1,000
To Roch. 6c State L. and R. N. 6c P. Railroads.
lOOOAc.
For various city improvements
Various
Water works loan, coupon and
registered
lOOOAc,
Funding loan
1875
’
Rockland, Me—City bonds
100 Ac.
Railroad loan ($20,000 payable
yearly)
1869
100 Ac.
do
1871
100 Ac.
do
1872
100 Ac.
St. Joseph, Mo— Bonds to St. Jo. 6c Den
City RR. 1860 to '69
500
Bonds to Missouri Valley Railroad
1869
500
Bonds for various purposes/
1858 to '69 100 Ac.
Bridge bonds
1871
500
St. Louis—Renewal and
floating debt bonds
1846 to'71 Various
Real estate, buildings and general
purposes.. 1840 to'68 Various
Street improvement bonds
1851 to '66 Various
Water work bonds (old)
1856 to '58 Various
Tower Grove Park bonds (gold)
1868
1,000
Sewer bonds.
1855 to '69
1,000
Harbor and wharf bonds
1852 to '68 Various
New water work bonds
(gold)
1867 to '70
1.000
do
do
do
1872
1,000
Renewal and sewer bonds (gold)
1871 to'73
1,000
Renewal purposes, gold or
sterling
1873
1,000
Renewal, Ac., bonds, gold, $ and £
1875
1,000
Renewal, Ac., bonds, gold or sterling, coupon.
1874
1,000
Bridge approach bonds (gold)
1872
500
St. Louis County bonds assumed—
Renewal bonds, coupon
1867 to'71
1,000
Bonds to railroads, coupon
1853 to '55
1,000
Insane Asylum
1867
1,000
County Jail
1868
1,000
General purposes, gold
1872
1,000
Renewal, gold
1873 to'76
1,000
Park bonds, coupon, gold
1875
1,000
County bonds
1875
1,000
St. Paul, Minr..—Revenue bonds
Various. Various
Preferred bonds
Various. Various
8 per cent bonds
Various
Lake Superior & Mississippi Railroad
1868
500 Ac.
St. Paul 6c Chicago Railroad
1870
1,000
Public Park (Como.)
1873
1,000
Local improvement
1873
1,000
Salem, Mass.—QiXy debt
100 Ac.
City debt
100 Ac.
Water loan
.

....

....

....

....

..

300,000
1,180,000
100,000
500,000
600,000
550,000
2,300,000

*

San Francisco— Bonds of 1858,
coupon (gold)..

(gold)

Central Pacific Railroad, coupon
(gold)
Western Pacific Railroad,
do
d#
School bonds,
do
do
Judgment bonds,
do
do
School bonds
School bonds
Park improvement bonds

.

Hospital bonds

$6S6,5O0; tax valuation,

Pittsburgh.—Cash
valuation
in
1876:
Real
$377,061,769; personal, only $2,570,404,
according to Comptroller’s report; “Occupation,’’

?115,273,030.
funds,about
$473,277.
Tax rate,
877, 2X mil!?.Sinking
Population
140,000. Interest

defaulted April. 1877. (V. 24, p.
519,591; V. 26, p.
159, 181, 363, 471; V. 27, p. 68, 643.)

Portland, Me.—The sinking fund March 31.1878,
$377,061. The city is protected by
mortgages
on
Atlan. & St. Lawrence, Portland &
Roches¬
ter aud Portland &
Ogdensburg Railroads. As¬
was

$19,067,200;

personal, $11,825,645.
Tax rate, $25 per $1,000.
Population in 1870, 31,413, against 26,341 in 1860.
(V. 24, p. 5L>.)
®

•

500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac,
500 Ac.
500 Ac.
500 Ac.

Providence, R.I.—The principal debt of Providence

$168,000,

.1.
J.
J.
A.
J.
J.
A.
J.
M.
A.
A.
J.
J
J.
M.

g.
g.
g.

gg.
g.
g.

g.
g.
g.

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

Real prop¬

$2,000,000.




provided for by net receipts from

a

Y., Kountze Brothers.
do

■

do
do

do

do
do
do
do

Sept. 1, 1888
June, 1892
1893 to 1896

April 1,1905
May 1,1895
1878 to'90
1878 to'86

1889, '90, '96
1888 A'98
1900
1903
1898

do
do

do

City Treasury.
Boston, Merchants’ Bank.
do
do

do
do

San Francisco.
do
do
do
do
do
do
do
do
do

1879 to 1889
Jan. 1, 1891

Apl. 1,1883-1898
July 1, 1904
Jan. 1, 1888
Oct. 1, 1883

July 1, 1894
May 1, 1895
April 1,1881
Oct. 1, 1887

Junel, 1882 to '90

July 1, 1894
1897 A 1904
Nov. 1, 1891

port to April, 1878: The liabilities appear as follows:
The bonded debt at the close of fiscal
year (April 9,
1876), was $15,996,000; the bonded debt of the late
county, assumed by the city. $6,659,000.
Other
liabilities—claim of St. Louis Gaslight
Co. for gas
furnished, with Interest, $685,000. The sinking

fund is

as

mencement. of

„

notes
Proceeds of renewal bonds

322,416
725,000
351,000

$6,544,427
April 11, 1878..

$5,900,941
40,944

$5,859,996
are

N.

July 1,1887

.

tion.

Roclcester.—The bonds of Genesee Val. RR.
loan,

N.
N.

1879 to 1881
1879 to 1880

follows: Assets of this fund at com¬
the present fiscal
year, $590,095.
The resources available this fiscal
year will be about
$110,000. Assessed valuation of property in
St. Joseph, Mo.—Population in 1870 w-as
1878,
19,565, in old limits,
against 6,932 in 1860. Assessed valuation of
$159,354,840; in new limits, $14,416,property,
total
400;
taxable
valuation
in city, $173,771,240.
$11,000,090; rate of tax, *23 mills. (V. 23, p. 135, 175;
Tax rate for city purposes
V. 25, p 408.)
in old limits, $1 75; In
j new limits, $) 50. (V; 25,
p. 204; V. 26, p. 290, 359,
i
i
436; V. 27, p. 229.)
St. Louis.—Population by the U. S.
census in 1870 !
was 310,864, against
160,773 in 1860. The city and
county were merged by law’ in 1877 and
St. Paul, Minn.— Population in 1870 was
city as- \
20,030;
sumea the county bonds.
in 1875, by State census, 33,237. Assessed
In the last fiscal year
valuation
i
the resources were:
of taxable property, 1878,
$23,061 009, or about onehalf of the estimated actual value.
Tax rate 13
Balance April 11, 1877
:...
$691,272 mills per $1.
Interest revenue...
1,731,670
Municipal revenue collections
2,6U.6<‘i9

tion

census, ’70,68,901; by State census,
’75,
The laws of Rhode Island now limit the
debts of towns to 3 per cent of their assessed valua¬

M.
M.

Rockland, Me.—Total city debt at date of last
report was *193,950, and $755,009 for railroads. Re¬
sources, $61,917.

The expenditures were
Unpaid warrants on band

by U. S.

A J. N. Y., Nat. Bk. Commerce.
J.
do
do
J.
do
do
S.
do
do
D.
do
do
J.
do
d©
A.
0.
do '
do
M.
N.
do
do
A
A
A
A
A
A
A
A
A

Company after

assessed,

Special collections—
Proceeds of anticipation

100,800.

6
7
7
7
7
7
7
6
6
6

J.
J.
J.
M.
J.
J.

do

6
6

out of said receipts.
$48 000,090; personal,
Rate of tax, 1877, $2 per $109.

erty

....

Various
J. A D.
J. A D.

5 A 6

385,000
200,000
475,000
210,000

has been created since 1872 for water
works, sewer¬
age aud new City.Hail. The floating debt at close of
fiscal year Sept. 30, 1878, was $2,793,300.
including
above Brook Street notes and $90,000
High School
notes. The assessed valuations of all
property in 1878
were: real estate,
$86,341,100; personal, $30,699,490.
Rate of tax, $14 50 per $1,000. The
sinking fund
for bonds due in 1885, $516,737;
sinking funds of

1893, $191,060; ’95, $120,803; 1900-6, $103,224.
Popula¬

7
8
6
6
7
7

197,000

lease of said road to Erie
Railway

7
6 g7
7

6 g.
6 g.
6 g.
6 g.
12 A 7

246,000

paying the interest

property,

sessed value of real estate in 1877,
was

1877
1858
1803 to '64
1864
1865
1866 to '67
1807
1870 to'72
1874
1872 to'75
1871 to'73

500,000
504,815
59,210
263,125
200,000
100,000
100,000
100,000

112,000
300,000
500,000
398,500
542,000
435,500
377,000
250,000

....

....

1,000
1,000

'

-

....

....

1878 to 1905

....

....

do

\

'

....

Total debt,

Due.

Whom.

<-

....

'

..

—

Principal—When

Payable and by

,

....

reg.)...
Funded debt and other municipal bonds
Compromise railroad bonds (coup, and reg.)..
Bonds impr. Penn.av., Ac. (local
assessment).
Portland, Me.—Loan to Atl. & St. Lawrence RR.
Loan to Portland & Rochester Railroad
do
do
do
do
Portland 6c Ogdensburg

Peoria. IU

Where

Pay’ble

J. A J. Phila., Farm. A Mech.
N.B'k
J. A J.
do
do
6
J. A J.
do
do
1883 to 1905
7
Various N. Y., Amer. Exch. Nat. Bk.
1878 to 1890
10
M. A N.
100,000
do
do
May 15,1879 A’81
7
•
J. A D.
195,000
do
do
June 1,1888
155,000 7,6g.A7g Various
do
do
1889-1891
10
M. A S.
42,000
City Treasury.
Mch 1,1882 & '83
7
J. A J.
100,000
Now York.
July 1, 1888
7
A. A O.
4,413,400
Philadelphia.
1893 to '98
6
A
72,241,000
Various Pittsburg, Phila. A N. Y.
1877 to 1912
4 A 5
J. A J. New
2,179,469
York, B’k of America.
1913
7
5,028,800
Various
Philadelphia.
1883 to '85
6
M. A N. Boston, Blackstone N. B’k.
787,000
Nov., 1886,'87,'88.
6
J. A J.
700,000
do
do
July, 1887
450,000
do
do
July 1, 1897
M. A S.
1,350,000
do
do
Sept. 1,1907
5 A 6
1,815,900
m’utlily
Boston and Portland.
1877 to '95
J. A D.
6
405,000
do
June 1,1877 & '87
600,000
6
M. A S.
Providence.
Sept., 1885
5
J. A J.
300,000
do
Jan., 1893
2,000,000 5 A 6 g. J. A J. Boston, Prov. and London.
Jan., 1900
5 g- J. A J. N.
2,000,000
Y., N. City Bank, A Prov.
Jan., 1900
5 g. J. A J.
1,500,000
do
do
July 1, 1906
5 g. J. A J. London,
1,397,250
Morton, Rose A Co
July 1, H895
7
J. A J.
500,000
Providence.
1892
5
M. A S.
700,000
Treasury.
Sept. 1,1880-’84
7
J. A J. N. Y.,
168,000
Metropolitan N. Bk.
1879 to 1903
750,000
7
F. A A. New York aud
Rochester.
961,686
6 A 7
Various
do
do
1878 to 1902
7
J. A J.
3,182,000
N. Y., Union Trust Co.
Jan. 1,1903
410,000
do
do
1905
5 A 6
193,950
Semi-an
City Treasury.
1879 to 1897
400,000
0
J. A J. Boston, First National Bk.
1880 to 1899
6
F A A.
150,000
do
do
1891
6
M. A S.
205,000
do
do
1892
6 A 7
431,500
Various N. Y., Nat. B’k Commerce.
1880 to'89
7
M. A N.
150,000
do
do
Nov., 1889
10 A 6
299,400
Various St. Joseph and New York.
1878 to'89
10
500,000
J. A J. N. Y., Nat. B’k Commerce.
1891
6
1,922,000
Various N. Y., Nat. Bank Republic
1879 to'91
6
1,223,000
Various
do
do
1879 to 1906
6 .n
166,000
Various
do
do
1879 to '86
6
336,000Various
do
do
1880 to'83
6 g- F. A A.
346,000
do
do
Aug., 1898.
6
885,000
Various
do
do
1878 to '89
6
1,143,000
Various
do
do
1879 to '88
6 g. J. A D. New York and St.
3,950,000
Louis. June, 1887, to '90
6 g. A. A O. N. Y., Nat. B’k
1,250,000
Commerce.
April 1,1892
6 g. Various
681,000
do
do
1891 to '94
6 g- M. A N.
1,074,000
New York or London.
Nov. 1,1893 •
707,000
6 g. M. A N.
do
do
May 1, 1895
6 g. J. A J.
2,072,000
do
do
July 1, 1894
6 g. J. A D. N. Y., Nat. B’k
461,000
Commerce.
Dec. 10,1892

6
6

15,509,750
5,599,400
94,500

__

•

....

do

1876, $14,574,105.

Rate.

$11,650,000

[i860 to'70

sewer, Ac

Guaranteed debt, gas loans
Peoria, Ills.—School loan

coupon

When

i

Bonds for war and bounty
purposes
do
municipal, school,

Judgment bonds,

INTEREST.

Amount

or

par

Value.

Philadelphia (Continued)—

Pittsburgh—Water exten.

[Vol. XXVII,

favor by giving immediate notice of
any error discovered in tliese
'fables.

DESCRIPTION.
For explanations see notes

SECURITIES

Balance in

The

treasury April 10, 187i

$684,431

Comptroller gives the following in his

re¬

Salem, Mass.— The sinking fund
$173,063, and the bonds are vnlued at

000

of

debt

amounts to
par: $1,146.-

coupon; balance
registered; total,
$1,452,676. Population, 1875,25,958. Tax valuation,
1675, $26,312,272; 1877, $25,810,600.

San Francisco.—Population
by the U. S. census
of 1870 was 149,482,
against 56,802 in 1860.
Real
estate for the fiscal year
ending June 30, 1878, U
assessed at $190,221,003; personal

041,340.

property at $70,About $54,000,000 of mortgages are now

omitted from assessment.
Sinking funds raised
annually amount to $263,500. Tax rate in 1677-8 to
$1 60 per $100, for city and County purposes.

December 28,

1878.]

Subscribers will confer

a

explanations see notes

Date of

Bonds.
on

first page of tables.

San Francisco—( Continued)—
House of Correction bonds
City Hall construction

Size

or

par

Value.

1874
$500&c.
1875 to’76 500 &c.
March 4, 1876)
1876
Savannah, Ga.— Construction of waterworks..
1853
500
Improvement of Savannah River
1853
500
Savannah, Albany & Gulf Railroad
1853
500 &c.
Funding coupons and other purposes
1866
100 &c.
Redemption of bonds
1869
1,000
do
do
1870
500
Bonds for city improvements
1870
1,000
Harbor, &c., improvements
1872
1,000
For floating indebtedness
1873
500 &c.
'.

Widening Dupont St. (Act

....

.

Somerville, Mass.—City debt
City debt
do
do
do
do
Park &wat’r
Water loan

....

....

....

....

($170,000A.&O.; $155,000 J.&J.)
....

....

....

....

Woi'cester, Mass.—-City debt, coup, and regist’d.
City debt, registered
do
do
(5 pieces, $100,000 each)
do
($248,000 reg., $552,000 coupon),
do reg. ($160,000 J.&J., $100,000 A.&O.)
8ewer loan ($92,000 are J.& D., balance J.&J.)
reg.,

$84,000 coup.)

Savannah, Ga — Default was made on interest
1, 1876, in consequence of yellow fever and
non-collection of taxes.
The compromise now in
progress is given in V. 26, p. 625, by which new
5 per cent bi nds are to be
exchanged for the face
of old bonds; and for interest up to Feb.
1, 1879, 58

per cent of the face value in
Assessed value of' real estate,

sonalty, $4,200,000; tax rate, i%

similar

bonds.

$11,000,000:
per cent.

per¬

Popu¬
lation in 1870, 28,235, against 22,292 in 1860.
(V.
26, p. 18, 626; V. 27, p. 122, 173, 563.)




Various.
Large.
lOOO&c.

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

Large.

....

Large.

....

Large.

....

....

....

....

....

Nov.

Large.

Large.
....

Water loan ($200,000 are 6 per
cents)
Railroad loan
Railroad notes
Toledo, 0— Gen’l fund and deficiency bonds, cp. ’70,’71/76
Toledo & Woodville Railroad,
1870
coupon
Various City purposes, coupon
1859-’65
do
do
do
1859-’74
do
do
do
1869 & ’76
Water works
1873 & ’74
Short bonds, chargeable on special assessm’ts 1874-’77

($315,900

Large.

Various.
....

Spinng field, Mass.—City notes
City bonds

Water loan

xiii

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

DESCRIPTION.
For

4

CITY SECURITIES,

„

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

INTEREST.

Amount

outstanding.

$150,000
750,000
915,000
198,000

64,500
937,500

Rate.

7 g.
6 g.
7 g7
7
7
7
7

368,800
117,000
349,500
534,000
500,000
400,000
65,000

7
7

461,000

6^

7
7
7

When

Pay’ble
J.

& J.

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

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

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

Where Payable, and by
Whom.

San Francisco.
do
do
New York and Savannah.

do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do

Principal—When
Due.

July 1,1894
1899
1896

Feb., 1878
Nov., 1883
Dec., 1888
Feb., 1886
Nov., 1879
June, 1890
Nov., 1900

Jan. 1

1902

July 1, 1903
Boston, Nat. Security Bank Oct. 1, 1878-’79
do
do
April, 1879 to ’84
do
do
July 1,1880 to’84

165,000
6I2
115,000
6
Various
do
do
Oct.’81-’4,July,’85
140,854
5is
Various
do
do
July, '84, Apl.,'95
5
200,000
Various
do
do
Apl., ’95, July, ’96
325,000
612
Various
do
do
1881 to 1884
320,000 5i2,6,6i2 Various
do
do
1880 to 1906
137,000
5i2,6
Various
City Treasury.
1879 to 1884
217,000
6
Various Boston, First National B’k.
1878-1890
6 & 7
1,200,000
A. & 0.
do
do
Apl. 1/94, to 1905
7
A. & 0.
300,000
do
do
Apl. 1, 1879-1893
6
45,000
Various
City Treasury.
1879 to 1881
544,500
8 A. & 0. N. Y.,
Imp. & Trad. N. Bk.
1878 to *88
7*3
453,000
M. & N.
do
do
May, 1900
6
42,355
F. & A.
do
do
1878 to’84
594,500
8
Various
do
do
1878 to’89
7
90,000
Various
do
do
1878 to'86
1,000,000
8
Various
do
do
June,’93&Sep.,'94
7 & 8
723,300
Various
do
do
1878 to '82
5 & 6
49,000
J. & D.
City Treasury.
1879-1884
170,000
7
A. & O.
do
Apl. 1, 1879
500,000
6
J. & J.
do
Jan. 1,1881
6
A. & O. C. Treas.& Bost.
800,000
Mchts.’ Bk.
April
1, 1892
260,000
5
Various
City Treasury.
1887, '88 & 1905
228,200
6
Various
do
1879 to 1881
5 & 6
399,900
Various
do
1879 to1906

Somennlle, Mass.—Total debt, $1,771,854; sinking
fund, $46,131; tax valuation, 1876, $26,573,400. Ex¬
cept $140,000 5s in $1,000 pieces, ah boads are in
$2,000 to $50,000 pieces.
Springfield, Mass.—Total debt, $1,946,611 ; cash
assets, $303,989. The railroad debt falls due $20,000
each year.
No registered bonds. Tax
valuation,
1870, $25,514,060; 1876, $35,109,456; 1877, $30,697,776.
l‘*32.
Rate,
Population in 1875, 31,053.

.

Toledo—'Total debt, Jan., 1878,

was $3,778,849.
Of
special assessments was
$723,-300, and the certificates of indebtedness, $102,200. Taxable valuation of
property, 1877, $19,538,720;
tax rate, $319 per $100.

this the debt payable by

Worcester, Mass.—Total debt, $2,407,100— reg.,
$1,663,800; coup., $743,300. Cash assets, $150,180,
including $44,352 sinking fund.
Population,
49,317 in 1875. Tax valuation, 1870, $34,018,450
;
1878, $41,969,748; tax rate, 1’54.

KAiLUOAD STOCKS AND

XIV

Subscribers

will confer

a

BONDS.

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

DESCRIPTION.
Miles Date
For explanation of column
of
of
headings, Ac., see notes
on lirst
page of tables.
Road. Bonds

Alabama Central—(Selma A Merid.)—1st mort
Ala.<£ Gt.South'n. —Receiver’s certitic.of
Ala.ACliatt
1st mortgage, new, (for
$1,750,000)
Albany <£ Susquehanna—Stock
1st mortgage

Albany City loan (sinking fund, 1
2d

per ct. yearly).
mortgage
3d mortgage, sinking fund
Consol, mort. (guar. D. AII.)
coup., may be reg...
Alleghany Valley—Stock

General mortgage (Riv. Div.)
Bonds to State Pa. (endorsed) 2d
mort., East ext.
1st mort., East’n Extern, guar, bv Pa. RR
Funding income bonds, with traffic guarantee
Atchison d- Nebraska— 1st
mortgage
Atchison, Topeka & Santa Fe—1st mort., gold
Land grant mort., gold, (2,289,186 acres
unsold).
Consol, bonds, gold
Notes
Land income bonds, 5 to 10
years
Pottawattomie bonds (contingent)
Wichita A Southwest, (leased) 1st M.,
gold, guar..
Kans. City Top. A West.,
(leased,) 1st M., gold
Pueblo A Ark. Valley, (leased,) 1st M.,
gold
Pleasant Hill A De Soto (leased), 1st M., gold
Florence Eldorado A W. (leased), 1st mort.,
gold.
New Mexico & So. Pacific, 1st
mortgage, gold
Atlanta t£ Charlotte.—New pref.
—

mort

Mortgage bonds

Atlanta d:• West Point—StocK
Atlantic <£ Great Western—Stock
(total

Preferred stock

do

1st

do

2d

do
do
do

do

Auyusta d3 Savannah—Stock

January, 1872.
adjustment, and a
completed Nov., 1878.

a new

connection with Meridian
(V. 27, p. 40, 5.0.)

Alabama & Gr at Southern.—Manama & Chatta¬
nooga reorganized. Abo it $4)0,000 of the receiv¬
er's certificates are
disputed. (V. 25, p. 40, 185;
V. 26, p. 17, 29, 84, 264; V.
27, p. 67, 85, 121.)

Albany & Susquehanna.—This road was leased for
150 years from 1370 to Delaware &
Hudson Canal
Co., at 7 per cent per annum, on stock, and bonds.
Important change in terms made in 1876. Consol,
mortgage is for $10,030,0 0, of which $3,450,000 is
to retire old bonds, and balance for
a part of old
stock and to lessee for
improvements, which up to
April, 1876, were §1,978,672. (V. 22, p. 399,
495; V.
23, p. 101, 427; V. 25, p. 615; V. 27, p. 602.)

Alleghany Valley.—This

road

was

embarrassed in

1874, and compromised with creditors.. Net earn¬
ings in 1877, $1,144,971. Of income
bonds, $2,351.400 are held by individuals, and
pay interest in cash
when earned; *3,8t9,00'J held
by railroads draw
interest in bonds. Abstract of
operations m 1876
and 1877 in annual
reports, V. 24. p. 4i»3, and V.
26, p. 493. (V. 27, p. 356 )
Atchison & Nebraska.—Plan of
re-organization
given in V. 25, p. 510, by which $1.12),000 bonds
and $3,337,000 gt ck were given for old
bonds an-4
overdue coupons.

December, 1878.
V. 25, p. 510.)

Atchison,
$8,615,000.

Dividend of 1 per cent paid
399; V. 24, p. 442;

(V. 22, p.

Topeka
Net

Santa Fe.—Capital stock
1877, $1.2:9,603; see

earnings,

annual report, V. 26, p. 468. The
extension of leased
lines and new roads
building in l.V?8 are referred
to in V. 27, p. 15.
The K C. T. & \V\ is leased
at 30 per cent of gross
earning-*, rising to 34
per cent in 1880 and thereafter. Denver
& Rio
Grande leaded (see V. 27, p. 434). (V.
25, p. 380; V.




500

2,0(50,000

100
100

3,093,200

1,000

-

1871
1871
1857
1857
1808
1860
1806
1806
1854
1805

782,970
1,006.000
300,000

500 Ac.

464,000
200,000

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

1808
1804
1871

isoi
1804

5,154,080

1,000

787,000

£100
£100
100
100 Ac.
1 000

30

1,500,000
713,000

1,022,900
330,900
100.000

14,210,800
4,599;578
1,050,000
579,500

1853

203

1874
1875

1877

g.

g.
g.
g.

£200
£100
£200

£200

1,710.000
3,14(5,956
3,041,579
2,074,000

8.857,352
9,346,500
880,000

8,000,000

7 g.

7 g.
8 ~
7

3^

N.

M. A N.

Y., Perkins, L.A Post
do
do

M. A N.

do
do

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

A
A
A
A
A
A

A.
M.
J.
J.

A 0.

6
7
4
3
5
6
6
0
6
6
6
6
6
5

s.

g.
g.
g.
g.

There has been litigation
as to postponing the pay¬
of the old Ohio Division bonds.
In Jan.,
1878, £4 per bond was paid on the coupons of Jan..
1876, of the leased line rental bonds of 1872. Gross
ment

net income over
p. 66, 95, 214, 444;

Atlantic & Gulf—The Company also has
$334,000
of old sectional mort. b’ds
outstanding’; $500,000 10
percent coupon notes; $45,093 Junction Branch ItR.
bonds, and $52,590 Bainbridge Rxt. bonds. Inter¬
est on
sectional mortgages, prior liens to the
consolidated, is paid by receivers, and on consoli¬
dated bonds 6 mos. in arrears. In New
York, July,
’77, $1.000,0002.1 mortgage bonds, held,as
collateral,
were sold at auction at
5>8@-6)^. (V. 22, p. 469;
V 24, p. 39, 181, 203 , 3 6 8; V.
25, p. 57, 407; V. 27,

538.)

Atlantic, Mississippi & Ohio.—Gross earnings
year.ending June 39, 1878, §1,781,7)0; expenses,
$1,351,575; net earnings, $430,133. The divisional
bonds matured and
maturing up to July, 1880,
have been extended for ten
years by order of the

Oct.

1, 1876
Jan., 1902
Sept., 1902

Nov.; 1902
Jan., 1902
Jan., 1903
July 1, 1876
*

A J.

J.
J.

3ig

1908

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

Savannah.

.

J.

A
A
A
A

378, 575; V. 24, p. 180, 203, 369.)

.

1905

Atlanta, Ga., atTreas’y.

J.
J.
J.
J.

Atlantic <fs Great Western.—This road was
leased
to the Erie for 99
years from May 1, 1874, but
the
lease
was
contested.
Shortly after (in
July, 1874) default was made on its bonds. Pro¬
ceedings looking to re-organization are in progress,
and a considerable amount of
securities has been
deposited by holders with the London Committee.

p.

July 1, 1902

July 1, 1905

do
New York, Office.
do

7

Atlanta c£ West Point.—Gross
earnings, in 1877-8
$321,140, in 1876-7, §311,158; net earnings in 1877-8,
$145,435, in 1816-7. $106,949.
There are $83,000
bonds outstanding.
(V. 25, p. 137; V. 27, p.
121 )

V. 27, p. 651.)

1903

1879 A ’82
Jam 1,1883-’88
Nov. 1, 1879

do

J.

Atlanta <£ Charlotte.—The At lanta &
Richmond
Air-Line was sold in foreclosure
December, 1876.

earnings in 1877-8, $3,844,290;
rentals, Ac., $110,815.
(V. v.6,

July, 1899
1, 1900

Oct.

1907
1907

8

0

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

do

A. A O. N. Y., First Nat.

,

p.

Boston.
do
do
do
do
do
do
do
do

7 g.

6 g.
6 g.

1908

Jan. 1,1879

Philadelphia or London April 1, 1910
Pittsburgh.
Oct. 1, 1894
Boston, at Office.
Mar. 1, 1908

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

....

8
8

Jan. 1,

Y., Winslow, L. A Co. March 1,1896

A. A O. New York and London.
J. & J.
do
do
M. A S.
do
do
M. A N.
do
do
J. A J.
do
do
J. A J.
Loudon, Co.*8 Office.
J. A J.
do
do

7 g.
7 g.

26, p. 367. 4 6 8 469, 522, 574; V. 27, p.
lo, 40, 227,
230, 303, St 3, 407, 434, 513.)

(V. 23,

J. N.

A. A 0.
J. A J.
J. A J.

7
7 g-

7
7
7
7

June, 1901

.

7
4

(5

100
100

41 i
421

7

A

Stocks—Last

Jan’ary Harrisburg, Treasury. $100,000 y’rly.
A. A 0.
A.
M.
J.
A.
A.
J.
J.
M.
J.
J.
J.
A.
A.

g.
g.

6
6
S
8
8
3
3 g.

220,900
28,000

g.

8
7
7
7
7
7
7
7

621,000

100

1870
1855
1874-5
1872

G

J.

J. A J. N.Y.,Del. AHud.Can.Co
M. A N.
do
do
A. A 0.
do
do
M. A N.
do
do
A. A O.
do
do

7
7
7 g.
7 g.
7
7

452,500
990,000
969,000

595

fS50

A J. N.Y., Farmers’ L. A T. Co
A J. N. Y., B’k of Commerce.

J.

pal, When Due.
Dividend.

,T.
J.

200 Ac.
i.ooo

100
£100

Whom.

c g.
3 *2
7
6
7
7
7

300,000
157,000
458,000
084,000

84,190

Payable, and by

A

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

1,000
Var’us Various
1809
100 Ac.

150

150
150
150
53
51
51

1,000

15,105,200
11,989,080
28,783,000
5,355,000
3,508,000
1,748,500

350

133
133
133
214
214

2 A 10,300
500 Ac.
500 Ac.
500 Ac.

1871
1S72
1873
1873

....

500,000
4,250,000
1,232,200
24,795,298
9,870,250

100
100
100

1871

...

.....

.Alabama Centr'd.—In default since

1,000
1,000

i871

150

do
1870,.sterling, £800,000, sink, fund
Baltimore loan, 1855-’90, sink, fund
Debentures, sterling
Sterling mortgage, sinking fund
Sterling mortgage, sinking fund
Purchase of Connellsv. RR
(payable$40,000y’lyr
Loan., ster., (s. f. £7,500) lien on Chic, line bonds

1.000

....

460
400
400

....

Loan;1850
Loan, 1853

1,000

.

81

Bald Eagle Valley— 1st mort., s.
f.($5,000 per year).
2d mortgage ($5,000 per
year)
Baltimore & Ohio—Stock.
Preferred stock
Washington branch

Negotiations pending for

.

do

do

1.000
1,000
500

When

J.

or

480,000
425,000
412,000
854,000
1,719,000
120,000
310,000

1,000

*

do

4th mortgage.
Registered certificates

....

500 Ac.

1877

7

When

Payable

Bonds—Princi-

8

730
5

1,125,000
7,041,000
3,300,000
3,389,000
460,411

....

507
507

mortgage

do
do

100 Ac,
500 &c.
500 Ac.

1877
1878
1877

1808
1809

Petersb’rg

.10,000,000
100 Ac.
0,220,400

....

.

4,000,000
3,200,000

1,000

1872
1875

.

253,000
1.595,000
2,100,500

....

.

....

2,000,000

1,000

1878

265

933,000

1.000
50

1870

INTEREST OR DIVIDENDS.
Rate per
Cent.

$1,600,000
700,000
335,000
3,500,000
1,000,000

1.000
1.000
500 <&c.

1878
1809

05
148
44
31

Outstanding

1.000

1S0G
1870
1871
1874

27^2

Amount

100

....

1863
1805
1805
1809
1S70

58
58
428
428
428
81
81

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

1,000

1807

Interest
Atlantic <£ St. Lawrence—Stock, funding bonds....
currency

3d

1878

280

Virginia A Tennessee—Enlarged mortgage
do
do
do

290
201
142
142
142
142
142
202
132
110
110
202
149

....

Guaranteed stock
Consolidated 1st mortgage
Sav. Albany A Gulf R&.
mortgage bonds
Southern Georgia A Florida, 1st
mortgage
do
do
2d mortgage
Atlantic, Hiss, d• Ohio—Stock, (com’n, pref. A guar.).
1st mort.
consolidated, gold (for $15.000,000)
2d mort. to the State (no interest
till 1880)
Norfolk A Petersburg—1st
do

$....

....

$40,000,000)

or

Par
Value.

1871

205
87

South Side—1st pref. consol.
M., guar.
do
2d
do
do
do
3d
do
do

Size,

81

470

Old 1st mortgage bonds, Ohio
Division
1st general mortgage
($18,000,000)
2d
do
do
($12,000,000)
3d
do
do
($29,000.000)
Leased lines rental gold bonds (Cl. A
M.)
do
do
(P. P., P. V. and 8. & A.)
Western Extension certificates (Cl.,
Col., C’iu. A I.)
do
do
do
bonds
Atlantic d- Gulf— Common stock

do

[Vol. xxvi r.

■

A J. N. Y.,

Bank.

July, 1897
1879

Nov.

1, 1888

May 1, 1889
Oct.

1,

1901

Perkins, L. A P. Jan. 1, 1877

J.
J.

do
do

J.

do

Jan.

do

do
do

July 1, 1893

J.

do

do

A J.
A J.

do
do
do

do

do
J.
do
J.
Lynchburg Office.
J. N. Y., Perkins, L. A P.
A.
Portland.
S. London, Gr. Trunk Rw.
N.
Portland.

A J.
J

A. A
J; A
\ A
M. A
J. A
J. A
M. A
M. A
J. A
J. A

Jan. 1, ’84-’90
Jau. 1, ’84-’90
Jau. 1, ’86-’90

July 1,
Mcli. 1,
Jan. 1,
July 1,

1884
1900
1875
1880
Aiig., 1878
Mch. 15, 1878
May 2, 1886
London, Gr. Trunk Rw. Oct. 1, 1884
do
do
Oct. 1, 1891
Savannah.
Dec., 1878
Phila.,Farm. AM. Bank July 1, 1881
-

A N.
A D.

J A
M. A
J. A

1, 1877

N’.

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

do

do

Baltimore

.Tulv

1.

1884

Office.
Nov. 25, 1878
Balt., Merchants’ Bank. July 1, 1878
Baltimore Office.
Oct. 16,1878
Balt., Merchants’ Bank.
1880
Baltimore Office.
1885
London.
1895
Baltimore Office.
1890
London, Naylor A Co. Jan. 1, ’80 A 81
London.
Mch. 1, 1902
London, Speyer Bros.
1910
Baltimore.
1879-1900
Lou., J. S. Morgan A Co. June 1, 1927

Court, and new sheets of coupons are issued to the
holders.
Interest on the divisional bonds is
paid two or three months aft^r it falls due.
A-final decree of sale under the consolidated
mortgage is expected in January, 1819. A scheme
of

re-organization approved by the consolidated
bondholders (mostly in London) will
probably be carried out. (V. 25, p. 261, 532; V. 26,
p. 141, •-42, 444, 522; V. 27, p. 40, 67, 251, 2 7 9
434,
mortgage

,

461.)

Atlantic & St. Lawrence.—Leased for 999
years,
from July, 1853, to Grand Trunk
Railway of
Canada. Annual rent, 6 per cent on bonds and
stock. Voted to issue ttock to
pay boudi due 1878.

(V. 27, p. 147.)

Augusta & Savannah.—Leased to Central of Geor¬
gia for $73,000 per annum ; has surplus fund of
about $50,000.
Bald

Eagle Valley.—Leased to Pennsvlvania

Rail

road at 40 per cent of gross
receipts. In 1877 gross
earnings were f 136,962. The Pennsyl vania Railroad
holds all the 2d mortgage bonds. Holders of 1st

mortgage are * sked to
year

bonds.

(V. 27,

p.

exchange them for

new

30

486.)

Baltimore & Ohio.—The amount of stock as above
includes scrip dividend of Nov.,’78. Annual
report
for 1877-8 in V. 27, p. 535.
The gross earnings of
the “Main Stem,” Ac., and financial condition of
B. & O. Co. for five years were as follows :
Gross
Net
Stock and

Earnings.

Earnings.
Debt.
§8 563,956
§4,039,611
$
8,262,045
3,656.893
9,632,361
4,215,554
47,311,000
1874-5.'
10,514,178
4,332,206
47,173,000
1873-4
11,693,955
5,018,060
45,876,000
The gross earnings of the main and all leased lines
m
1877-78
were $13,765,279,
and net earnings,
§5,995,978, including’earnings of Pittsburgh Division.
Div. of 25 par cent on Wash. Branch stock in June,
1878. (V 25, p. 62. 107, 509, 532; V. 26, p.
289,
367, 598; V. 27, p. 67, 535,651.)
1877-8
1876-7
1875-6

December 28,

RAILROAD STOCKS AND BONDS.

1878.]

Subscribers will conler

a

great favor by giving immediate notice of any error discovered In these
Tables*

DESCRIPTION.

Miles

Date

For explanation of column headings, &c., see notes
oV
of
on first page of tables.
Road. Bonds
Baltimore d

Bonds to State of Maryland
Baltimore d Potomac—1st M (tunnel)

....

...

•

gold, s. f. 1 p. c.
1st mort., gold, tax free, coup.,
s. f. 1 per cent—
2d mortgage, income, main line and
tunnel, reg..
Belleville d South. 111.—1st M., sink’gfund, guar
Belvidere Del— 1st mort. due 1877,
extended, guar.
2d mortgage bonds of 1854
(guar. byC. & A.)
3d mortgage bonds of 1857
do
(
do
)

•

....

84
21

321

Dollar loan

....

Loan of 1875, coupon or registered
Boston, Barre d Gardner — 1st mortgage
Bost.yClin.d Fitclib.d N.B.— Stock ($1,750,000 prof.)
1st mortgage, Agricultural Branch

Mortgage bonds

•

98
98
56
64
67

Albany—Stock

Bonds

•

.....

Consol, mortgageof 187G
Berkshire—Stock

....

33-2
151
29

18G9-70

43
....

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

....

....

166

Sinking fund bonds ($654,000)

Consolidated mortgage bonds (for
Boston d Lowell—Stock
Mystic wbarf purchase bonds

ibo

$2,000,000)....

82
....

Bonds
Bonds
New bonds
Boston d Maine—Stock

....

....

....

204

Bonds, coupon and registered

....

Boston d New York Air-Line—1st
mortgage
Boston d Providence—Stock
Bonds to purchase branches, coupon or
registered
Ten year uotes for $800,000

Buff.,Brad.dPitts.—Gen.M.,(incl.
Buffalo. New York
New mortgage

10,000

ae.

d Erie—Stock

52
66
....

I’d)....

26
142
140
121
121

Buffalo, N. 1. d Philadelphia— 1st mort., gold
2d mortgage (for $1,000,000)
Burlington, C. Rapids d Nor them—1st mortgage
Burl.dMo. Riv
1st M. ou r’d& 400.000 ac’s I’d i Cp.
Income b’ds, conv. C. B. &
Q. st’k (4th ser.) 1 may
1st mortgage, couv. do. on br’eli (5tli
ser.) f be
Convertible bonds, C. B. & Q. st’k (6th ser.) J reg.
Burlington d Missouri in Nebraska—Stock
1st mortgage, convertible, land
grant
1
Bonds, convertible till Jan., 1882
\

367
281

...

—

Consol.mort.for $14,000,000, s. f. $30,000 (
Omaha & S. W., 1st mortgage, guar
J uei°‘
Republican Valley RR., 1st mort., exchangeable
Burl, d Southwest.—1st mort., cp.,
maybe reg
Cairo d St. Louis—1st
mortgage
Cairo d Vincennes—1st mortgage, gold
California Pacific—1st mortgage, gold
2d mortgage, endorsed by Central Pacific
3d mort., guar, by C. P. ($1,000,000 are 3
p. c.)
Camden d Allantic—Stock ($838,150 of it pref.)
1st mortgage (extended 20
years in 1873)

...

40

.

....

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

Catawissa—Common

stock

....

Preferred stock, 7 per cent
1st mortgage

stock

do

Baltimore & Potomac.—This is the line of the
Penn. Railroad from Baltimore to
Washington. The
bonds are guaranteed by Penn. RR. and Northern
Cent. Net earnings, 1877, $111,788
(V. 22, p. 588;
V. 24, p. 563; V. 26, p. 598.)
Belleville & Southei'nRlinois.—Lea.sed and
operated
by St. L. Alt. & T. H. Co. on a percentage of gross

297; V. 26,

p.

417.)

Belvidere Delaware.—Stock is $995,150. Leased to
United Co.’s of N. J., and lease
assigned to Penn. RR.
Net earnings go to lessor. In 1877 net
earnings of B.
D. were $123,566. Floating debt, $171,702.

Berkshire.—Leased to Housatonic, at 7 per cent
per year on stock, but 1X per cent is usually applied
for taxes, &c.
Boston <b Albany.—As this is the
principal West¬
ern trunk line from New
England, its yearly reports
show the course of business on that class of rail¬

roads.
In past five years the
its exhibit:

following has been

Gross

Net

Earnings.

Earnings.
$2,2:9,5:36

Total Stock
and Debt.

$

2,166,844
28,870,509
2,391,764
27,129,282
2,262,147
26,478,282
2,414,916
25,422,100
(\. 23, p. 477; V- 24, p. 204; V. 25, p. 430; V. 26,
p. 166; V. 27, p. 469.)
....

Boston Barre & Gardner.—Income in 1876-77
showed a deficit of $44,420 under interest
charge.
Bost. Clinton Fitchb.dk N.Bedf'd.—This was a con¬
solidation in May, 1876, of the B. C.& F. and the
N.
Bedf. roads.
M -y 1,1878, there were $719,792 notes
outstanding. (V. 23, p. 6*1; V. 24, p. 134, 518; Y.

1,000
1,000

799,600
528,000

....

....

1,000

870,000
571,500
800,000

1858
1873
....

....

1872

100
100
100 &c.
100 &C.
500

1,000,000
202,000
1,478,000
3,250,000

.

.

.

1875

1876
....

ioo

1873-4 500 «fcc.
1875
1,000
....

1873
....

....

1876
1871
1873
1876
1863
1869
1869
1870

100
....

1,000
100

1,000
500 &c.
....

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

279,000
370,500
8,583,750
1,414,000

1871
1869
1871
1875

1,000
1,000

3,500,000

1,000

1,600,000
3,000,000

1853
1855
1867

1,000
1,000

139
139
67

60
60
31

100
291
242
242
92

1878
1873
1874

1,000
....

1,000

500
50

pal, When Due.

Payable and by
Whom.

Slocks—Last
Dividend.

6
3
7
7
3
7

1,800,000
2,250,000
1,215,550

490,000
497,000
350,000

7

3*2
7
6 g10
5
7
8

8
8

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

g.
g.
6.

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

g.

J.

7 g.
7
6
3 &
2
7
7
6

1,000

1,000

10362,686
3,000,000

3,000,000
1,159,500
1,000,000
2,200,000
230,500
209,850

1,000
1,000

1,300,000

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

589,110
6,850,400
769,600
700,000

Boston & Maine.—Net

against $660,964 in 1876-7.
p. 537, 565.)

Worcester, City Nat. Bk.

April 1, 1893

Boston Office.
Boston, Boston N. Bank July 1, 1884
do
do
1889 &’90
do
do
June 1, 1896
do
do
’SI,’82, ’83, ’85
Boston, Suffolk N. Bank July, 1881<x 94
Boston Office.
Nov. 18, 1878
>

J.

0.
0.

&
&
&
&
&

Boston Office.
do
do

1889
1893

Boston, at Office.

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

do
do
do
do

S.

J.
N.
J.
A.
N.

do
do
do
do

Boston, at Office.
do

do
New York.

Bostor, at Office.
do

do

J.
New York, Erie RR.
D.
N. Y., Erie Railway.
D.
do
do
J. N. Y., Farm. L. & T. Co.
J.
do
do
D.
New York.
0. Boston and New York.
0.
do
do
J.
do
do
J.
do
do

Boston, Office.

& J.
do
& J.
do
& J.
do
D.
do
& J.
do
& N.
Boston, Co’s Office.
& O.
& 0. New York and London.
& J. N. Y., Nat’l Park Bank.
& J.
do
do
& J.
New York.

Camden, Co.’s Office.

& J. Phila., Farm,
M, B’k.
-do
do
Phila. and Mt. Holly.

A. & O.
F. & A.

Jan.

Oct.

1887
Jan. 1, 1896
Dec. 1, 1878
June 1, 1916

July 1, 1896
July 1, 1893
Sept. 1, 1906
Oct. 1, 1893
April 1, 1879
July 1, 1894
July 1, 1889
Dec. 16, 1878
July 1, 1894
Jam

1, 1883

July 1, 1918
June 1, 1896
July 1, 1918
May 1, 1895
Oct. 2, 1901
Oct., 1909Jan. 1, 1889
1891

July, 1905
Jan, 15, 1877
Jam, 1893

Oct.,' 1879
1897

& J. N. Y., Union Trust Co.
& J. N. Y. Office, 4 Broad st.
A. & 0.
do
do

Jan

J.

July 1, 1923

3*2
3^2

M.
M.
F.
F.
F.

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

'

7
7
5
1

312

582,000

7

income, 1877-8, $737,891,
(V. 25, p. 531; V. 27,

Boston & X. Y. Air Line.—Formerly N. Haven
Middletown & Wil. Road cost about
$6,000,000,
represented now by $3,000,000 preferred stock and
$1,000,000 common. Gross earnings 1877-8, $265,925;
net, $77,482. (V.22,p.567; Y^4,p.589; V.26,p.598.)
Boston & Providence.—The bonds and notes have
been issued for purchase of branch roads. (V.
25,
p. 531; V.27, p. 565.)

Buffalo, Bradford dk Pittsburgh—Under perpetual

lease to Eiie at $40,690 per year.

Erie in

1863,' for 490 years, at 7 per cent on stock and interest
and sinking fund on bonds. (V. 23, p. 646; Y.
24, p.
p. 16.)

Buffalo, New York & Philadelphia.—This is the
connecting line of the Philadelphia & Erie with
Buffalo. New bonds are offered to replace the 10
per cents. (Y. 26, p. 574; V. 27, p. 538.)
Burlington Cedar Rapids & Northern.—'The stock
is for $10,009,000, of which
$5,500,000 has been
This company guarantees

Feb. 1, 1892
July 1, 1895

& J.
<fc
&
&
&
&

Jan. 1, 1916
Jan. 1,1879
Nov. 15, 1878

do

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

1902
1885
1887

J.

2,332,000

to

Boston Ofiice.
do

July 1, 1911
April 1, 1911
Jan. 1, 1915
Oct. 1, 1896

6 g.
7

7
7

Buffalo, New York & Erie— Leased

N.
A.
J.
0.
& N.
& J.
& J.
& D.
& O.
& J.
& N.

Q.-J.

3

July 1, 1888

...

J.

are $407,000 notes
outstanding. (V. 23, p.
SOO; V. 25, p. 16; V. 26, p. 39; V. 27, p. 121, 303,
537.)

issued.

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

J.
J.

There

346; V. 25,

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

x2J4
8
8
6
8
6
8
7

1885

Baltimore.
Baltimore or London.
do
do
Baltimore.
N. Y., Russell Sage.

Q.-J. Boston, Kinder, P. & Co

•

1
6
7
7

Balt., Mech’s Nat. Bank

A. & 0.
J. & J.
A. & 0.
J. & D.
Philadelphia.
M. & S.
do
F. & A.
do
J. & J. Treasurer,
Trenton, N. J.

15,000,000
1,000

1,000

1861
1863
1866

1,034,000
853,000

500 &c.

50

274

5,055,000

2,500,000

50

1872

600,000

J.
& J.

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

6
6 & 7

500,000

4,000,000
500,000
500,000
580,000
950,000
2,380,000
2,582,000
905,500
6,500,000
4,638,250
289,500

& J.

6
7 *
7
8
6 & 7
3

999,500
500,000
425,000
6,921,274
3,500,000

Q

J.

....

200,000

....

156
139

70
58
146

do

400,000
3,047,700
400,000

6 g.
6 g.

4
7
6
7.

5,000,000
2,000,000

....

&

1%

20,129,282

>61-’74 500 &c.

.

Rapids~d Missouri—Common

1,000
1,000
100 &c.

J.
J.

7

600,000

1871

ioo

1877-8
$6,633,533
1876-7
6,779,610
1875-6...... 7,074,758
1874-5
7,634,139
1873-4
8,963,128

1871-2
1875

....

1,100,000

144

49
71

Chattel mortgage bonds

p.

100

6
6

6
8
6
6
6

1,000,000
499,500
745,000
1,200,000

1,000

....

1854
’69-’70
1876

1,133,000

500
500
100

65

Cayuga d Susquehanna—Stock

1,000
1,000
1,000
1,000
•1,000

....

....

366,370
1,500,000
3,000,000

181

191

New mortgage

$150,000 Minne¬

apolis & St. L. RR. bonds. Net earnings 1877-8,
$560,311; extraordinary expenses, $617,745. (V. 24.
p. 518; Y. 25, p. 260, 510; V. 27, p. 301.)

Burlington dk Missouri River.—An agreement of
consolidation and a perpetual lease to
Chicago, Bur.
& Quincy, was made in Oct., 1872. In
August, 1875,
stock of Chic. Burl. &
Q. was issued in place of
stock of this C.». and for convertible bonds. Annual

27, p.537.)
Boston, Concord & Montreal.—Grow earnings for
the year ending with March,
1878, were $654,272;
net earnings, $201,100.
There are also $76,000 old report Y. 20, p. 335. (V. 20, p. 139; V. 22, p. 87.)
bonds due in 1865, and $350,000 due in
1875. (V. 24,
Burlington dk Missouj't in Nebraska.—Has a valu¬
p. 516; V. 26, p. 546.)
able land grant.
Consol. 6 per cent bonds are
Boston dk Lowell.—Net income,
1877-78, $269,064 issued for 8s maturing in 1894. Omaha & 8. W. is




Bonds—Princi¬

DIVIDENDS.

Rate per When Where
Cent.
Pay’ble

$140,000

1869
1873
1878
1872
1878
1870

ioo

(V. 24,

1855
1878
1871
1871
1875
1866
1877
1854
1857
1876

191

New preferred stock
Old preferred stock
1st mortgage bonds

.....

Outstanding

....

2d mortgage.
Camden d Burlington Co.—1st
mortgage

earnings.

INTEREST OR

Amount

....

.

Cedar

Size or
par
Value.

Ohio—(Continued)—

Northwestern Virginia, 3d mortgage, 1855-85

Boston d

n

J.

& N.
Philadelphia.
& N.
do
& A.
do
& A.
Philadelphia.
& A.
do
& J. New York, 44 South st.

Q.—F.

F.
F.
F.
M.

Boston, Treasurer.

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

leased.
bonds
bonds

1, 1908

April 1, 1914

July 2, 1878
Nov. 1, 1878

Aug. 1, 1878
Aug. 1, 1891
Aug. 1, 1894

May, 1916

Republican Vailey road is leased, and its

changeable for B. & M. consolidated
any coupon day after July 1, 1879. (V.
494, !48, 598; V. 27, p. 15, 67,171.)

are
on

26, p. 192,

Burlington & Southwestern.—Defaulted Nov., 1873.

Foreclosure in progress. (V. 21; p. 159, 441.)
Caii'O dk St. Louis.—Defaulted in 1873
by failure
to receive town and county bonds.
Receiver ap¬
pointed December, 1877. Deficit in earnings 1876-7,
$30,115. (V. 22, p. 352; V. 25, p. 511, 569.)
Cairo & Vincennes— Defaulted in 1874. In hands
of receiver.
Deficit in earnings 18T6-7, $11,747.

(V. 22,

p.

446.)

California Pacific.

- Gross earn’gs, 76-7, $1,326,632;
net, $448,026. Extension bonds of $3,500,000 and in¬
comes of $1,000,000 were in
default, and the new
bonds of 1S75,
guaranteed by Cent. Pacific, were
issued in place thereof.
(V. 23, p. 62; Y. 24, p. 274,

468,605.)

Camden & Atlantic.—Gross earnings, 1877,
$477,483; net, $177,041.
Interest, &c., $92,379. Divi¬
dend, 2 per cent.
Camden & Burlington Co.-Leased to United
Companies, at 6 per cent on $382,000 stock.
Canada Southern.—The bonds have interest
guar¬
anteed for 20 years by N. Y. Central & H. R. Co.,
at
3 per cent for 3 years' and 5
per cent for 27 years,
but no guarantee of
principal. (V. 26, p. 267, 391,

574; V. 27,

p.

94, 538.)

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

Catawissa.—Leased to Phila. & Read., Oct., 1872,
New preferred stock dividend to be 7 per cent
in 1875-6 and afterwa d.
(V. 20, p. 381.)

Cayuga <fi Susquehanna.—Leased in perpetuity to
Dividends, 9 per year.
Cedar Rapids dk Missouri.—Leased to Chicago &
Northwestern at $700 of first $1,500 gross earn! hgs
per mile; one-third of the next $3,000 per mile, and
one-fifth of all above that. (V. 29, p. 162.)
Del. Lack. & West.

xvi

RAILROAD STOCKS AND BONDS

Snbscribers will confer

a

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

DESCRIPTION.
Miles Date
For explanation of column headings, &e., see notes
of '
of
on first
page of tables.
Road. Bonds
Cedar Falls <£ Minn— Bonds on 1 st di\ sink, fund
Bonds on 2d division, sinking fund
Central R. R. <£ Bank, Ga.—Stock
General mort. “tripartite” bds ($5,000,000)
coup.
Macon & Western bonds
Central of Iowa—1st mortgage gold,
coupon
2d mortgage, gold, $4,000 per mile
Central of New'Jersey— Stock

14
61

4781

1st

mort., gold, (2 sinking funds, $50,000 each)..
California State aid, gold (s. fund, $50,000)
Bonds, formerly oonv. into U. 8. bds (s.f.,$35,000)
1st m.S. Joaq’n Val.Br.,gld
(s.f.$50,000,begins ’80)
U. S. Loan, (2d lien on certain terms)
Western Pacific, 1st mort., gold, (s. f. $25,000)...

do
Government lien
Cal. & Oregon, 1st M., gold, guar., (s. f. $100,000)
C. P., mortg. on C. <fc O. Br. (s. f. $100,000)
San Fran. O. & A., 1st M. (s. f. $100,000
beginsl’80)
Land grant mortgage bonds
Charlotte Columbia dt Augusta—1st mort. consol...
.

Mortgage

Chartie?'s—1st mortgage

Cherry Valley Shar. it A!.—1st mort.,

2d mortgage...
1st mortgage, (Ya. Cent. R. R.,) guaranteed
3d mortgage,
do.
do.
coupon

Bonds, not mortgage
Chester Valley—1st mortgage
Chicago </t A Iton—Common stock
Preferred st’ek (7 p. c. y’rly not cumulative)
General mortgage^ sterling, for £900,000
1st mortgage
.'

do
do
do

do
do
do

...

.

do
do

Chicago »k Ill. Riv.,

new

by C. ife A...
by C. & A...
:.

mortgage for $300,000

guar. pref. stock
1st mort. ($471,000 guar.)...

Bonds for K.C.St.L.& C. line, s.f. $60,000 after’79

Chicago, Burlington it Quincy—Stock.
1st mortgage, sinking fund, (trust)

Consolidated mortgage coupon, (for $30,000,000)
Northern Cross R. R. 2d. mortgage, gold
Trust mortgage (Burlington to Peoria)
Plain bonds (coupon or registered)
Bonds of 1875, (sinking fund $13,860 per
year)..
Carthage ck Burlington, 1st mort..
Dixon Peoria & Hannibal, 1st m...
Coupon,
Ottawa, Oswego <k Fox Riv., 1st m but may lie
<{
Illinois Grand Trunk, 1st mort
registered. 1

Quincy & Warsaw, 1st mortgage

..

J

Quincy Alton & St. Louis, 1st mortgage, coupon..
Chicago <£• Canada Southern— 1st mort., gold.*

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

City, and sublet to Ill. C.
mile.

Central Railroad <£ Bank. Ga— Leases several
roads, and guarantees bonds. In April, 1875, pur¬
chased one-half interest in Western Railroad of
Alabama at foreclosure sale.
The “ tripartite”
bonds

are

issued jointly

by this Company, the Macon
Gross earnings year
ending August 31, 1878, |2,721,624: net, $1,123,300.
(Y. 23, p. 353, 408; V. 25, p. 430; V.
27, p.
& West., and Southwestern.

381.)

Central of Iowa.—Sold in
foreclosure, July 18,
1877, under 1st mortgage.
Gross earnings, 1877,
$723,818; net, *204.190. (V. 23, p. 159,427; V. 24,

p.

135,564;

'215. j

V. 25, p. 62, 237,431, 591; V. 26, p.

1865-8
1864
1862

1870

1,000
1,000
....

1,000

....

1869

.

.

.

.

1.000

....

....

1868
1872
1870
1870
1869
1872
1871
1869

1,000
1,000
1,000

-

-

-

.

1,000
•

*

1,000
1,000
500 etc.
100 etc.

1,000
1,000

....

....

....

....

•

•

•

.

•

....

,

....

....

....

....

1873
1863
1862
...

.

.

1857
1864
1864
1868
1868
1870

Outstanding

500 etc*.
....

100
100
1.000

1,000
500 <fcc.
100

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

1,000

Rate per
Cent.

$198,000

7

1,334,000
7,500,000
3,500,000
117,000
3,700,000
925,000
20,600,000
5,000,000
4,400,000
15.000,000
600,000
1,680,000
11,500,000
3,000,000

7

2ki
7
7
7 g.
7 g.
2io
7
7
7
7
6 g.
7
7
7

5,550,000
2,437,950

O

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

6

1,970,000
6,000,000
2,000,000
500.000

7,764.000
1,810,500
500,000
500,000

300,000
2,000,000
15,000,000
10,000.000
100,000
902,000

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

<fc
&
&
&
<fc
&
&

0.
J.
0.

Q.-J.

Q.-M.

S'

J.
J.

&
&
&
&
&
cfc
&
et
<fc

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

ct J.
& J.

g.

7

7
7
6 g.
6 g.
6

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

1

6
7

31*2
3*2
6 g.

r?

i

7

1*4

306,000
2,365,000
564,000
188,000

8
7
7
7

360,000
1,854,000
(?)

rr

l’ooo,ooo

"l

Jan. 2, 1907
Dec. 19, 1878
Jan. 1, 1893

Macon, Ga.

New York, Office.
do A
do
New York, at office;

-

do
do
do
do
do
do
do
do
London.
N.Y.—Cent. RR. of N. J.
do
do
do
do
Balt., at B. ck 0. office.
do
do
Balt., West. Natl. Bank.
N. Y. & San Francisco.
N. Y., Fisk & Hatch.
Sacram’o State Treas.

Oct,, 1880
July 15, 1899
April 15,1901
April 10,1876
1S90

Nov., 1902
July 1. 1899

N.
N.

Y., E. Kelly cfc Co.

Y., Fisk & Hatch.
Treasury.

U. S.

J.

0.

Philadelphia, Penn R.R.

-

J.
J.
J.
O.
J.

D. N.

Y., Metropolitan Bk.

1887
Feb. 1, 1899
June 1, 1900

May 1, 1903
July 29,1878
July 29, 1878
Sept., 1890
Oct., 1878 (1)
1895 to ’98

July 1, 1884
Jan.

1, 1883

Oct. 1, 1900
1895 to ’98

July 1, 1899
1899
Jan. 1, 1888
Jan. 1, 1892

July 1, 1890
Oct,
Jan.

1,
1,
Jan. 1,
Oct, 1,
Dec. 15,

1890
1895
1910
1901
1899

....

6
6
8
8

1,500,000

do

N. Y„ Fisk & Hatch.
U. S. Treasury.
N. Y., Fisk & Hatch.
New York ck London.
N. Y., Fisk & Hatch.
do
do
N. Y.,M.K. Jesup,P.& Co.
do
do

....

g.

do

Savannah, Ga.

-

J. & J.
M. <fc N.

ct
ct
cfc
ck
ck
J. ck
A. <fc
J. ck

Dividend.

N.Y.,J. S. Kennedy & Co April 30, 1884

Q.-J.

F. & A.
M. & N.

J.
J.
J.
A.
J.

Stocks—Vast

J. New York & Savannah.

A, (k O.

g.

pal, When Due,

Whom.

0.
J.
D.

ft,

1 g-

ck
ck
&
&
&
&
&
ck
ck
ck
ck
&

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

Q.-J.
J. & J.
A. & O.
A. & O.
J. & J.
J. ck J.
F. k A.

7

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

Philadelphia.
N.Y.,M.K. Jesup,P.& Co.
do

do

Lond’n, J.S.Morgan ckCo.
N.Y.,M.K. Jesup,P.& Co.
do
do
N. Y. U. S. Trust Co.

N.Y.,M.K.Jesup,P.& Co.
do
do
do
do
do

do

do
do
do
do

1880
1884
1876
1877
Jan. 15, 1878
July 1,’80 & ’96
May, 1872
Sept. 4, 1878
Sept. 4, 1878
July 1, 1903
Jan., 1893
Jan., 1883
Oct,, 1878
July, 1882

April, 1894

April 1,1894
July, 1898
July, 1898
Aug., 1900

....

28
162
1620
466
825
100
96
....

....

32
40
70
44
40
43

270
46

73
223

1875
1878
....

1858
1873
....

....

1872
1875
1869
1869
1870
1870
1870
1869
1876
1876
1872

1867

1,000

3,000.000
27,644,916
2,715,000

100

1,000
1.000

11,521,000
841,000

....

....

1,000
1,000
500 etc.
.500 etc.
1,000
500 <te.
1,000
500 <fcc.

661,000
1,632,475
423,000
266,000
546,500
1,079,000
890,500
720,000
317,000

1,000

2,467,000

1,000
1,000

840,000
2,571,350
1,000,000
6,156,000

500 &c.

....

M. & S.
6 g. M. & N.
4
M. ck S.
8
J. & J.
7
J. & J.
4 g- J. <fc J.
7
A. ck O.
7
J. ck J.
5
J. ck D.
8
M. <fc N.
8
J. & J.
8
J. ck J.
8
A. & 0.
8
J. <fc J.
8
A. ck O.
5
A. ck 0.
5
F. ck A.
7 g. A. ek O.
7
J. & J.

cluding the land agent’s report, also

do

do

March 1, 1905

May 1, 1903
Y., Bk. of Commerce. Sept, 16,1878

do
do
N.Y.N.Bk.of < ■om.&Bost
Frankfort.
N.Y., N. Bk. of Com’rce.
Boston, Co.’s office.
Boston, Co.’s Office.
N.Y., N. Bk. of Com’rce.
do
do
New York and Boston.
Boston.
New York and Boston.
Boston.
do

Jan.

1, 1883

July 1, 1903
July 1, 1890

Oct, 1, 1890
Jan. 1, 1896
June 1, 1895

May,
July,
July,
Oct.,
July,
April,

1879
1889
1900
1890
1890

1879
1, 1901
Feb. 1, 1896
April 1, 1902
Jan., 1887
Oct.

Boston, C. B. & Q. RR.

N. Y., Union Trust Co.
N. Y., Farm. L. & T. Co.

Chicago & Alton.—The report for 1877 is given at
length in Y. 26, p. 213, and shows gross earnings of
$4,464,343, and net earnings of $2,107,337, against
$2,269,467 in 1876. Joliet & Chicago RR. is leased for

gross and net

earnings to June 30, 1878, was given in the
Chroni¬

cle, V.

27, p. 459. Gross earnings, 1877, $16,471,144; expenses, $7,774,417; net earnings,
$8,696,726.
The dividend was passed in
April, 1877, and 1 per
cent declared Oct., 1878. but
enjoined. Trustees of
land mortgage held in
May, 1878, $1,109,242 in cash,
and $!,696,912 ii
notes, and in August they called
for sale to them of
$1,100,000 land bonds. (Y.
26, p. 368; Y. 27, p. 40, 95, 122,
147,253,274, 407,

459.)

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

....

Central Pacific.—A part of the Southern Pacific
line* is leased.
The annual report for 1877. in¬

interest on stock and bonds. St. L., Jack. & Chic.
Railroad leased at $240,000 per year. Louisiana &
Missouri, Railroad operated under contract. New
extension to Kansas City built, in 1878, and a mort¬
gage on that line (K. U. St. L. & Chic. RR.) is
deposited in trust as security for C. & A. gold 6s of
1878.
Chic. & Ill. River was to have been sold May
31, 1878. but sale enjoined.
(V. 25, p. 483; V.
24, P. 95, 192, 2 1 3 , 289,436, 547; Y. 27, p. 41, 94,

'

382.)

Charlotte, Columbia cfc Augusta—-Stock is $2,578,000, and $1S3,500 of old Col. & Aug. bonds are
yet
out, due 1890. Net earnings 1877, $202,488. Control
of road sold to Richmond &
Danville. (V. 24, p.
62; Y. 26, p. 95; V. 27, p. 280.)

Central of New Jersey.—A. full abst ract of the re¬
Charters.—Leased to Pitts. Cin. & St. Louis, and
organization scheme was published in the Chron¬
icle, V. s26, p. 215, with a brief statement of
operated by Penn. Co. Net earnings go to lessorearnings in 1877, $42,406. (V.
in 1877 and probable future
22, p. 519; V. 24, p. 419.)
earnings. Net earn¬
ings, 1877, after payment of Lehigh & Susq.
rental, were $1,838,335.
Chary Valley, Shar. <fc Al.—Transferred to Dela¬
The Central of New
Jersey assumes $2,310,( 00 of Lehigh Coal & Navi¬ ware & Hudson Canal Co., April, 1875. Interest
gation Company’s debt and $265,793 of the Railroad unpaid in December, 1875. (V. 20, p. 404.)
Car Trust Company. The American Dock
& Im¬
Chesapeake eft Ohio.—Sold in foreclosure April 2,
provement Co. executed a mortgage for $4,000,000,
m 1877, to secure its
bonds.
The following: table 1878, for $2,750,000 and re-organized, with securities
as above, when all are
shows the receipts, expenses and net
issued. The payments on
earnings, in¬ old
cluding Lehigh & Susquehanna Division:
Virginia Central bonds and coupons, and notes
issued therefor, were made as
per circular, Chron¬
Receipts.
Expenses. Net eam’gs. icle, V. 27, p. 94. Net
earnings 1876-7, $339,307.
$8,589,631
$4,140,601
jO
(V.
$4,449,0
24, p. 62, 299, 320; V. 25, p. 186,
1875
Gil; V. 26, p.
7,411,637
4,128 *<7
3,281,910 17, 342, 522, 625; V. 27, p. 15, 94.)
1876
6,946,090
3,684,- K’O
3,262,000
5,659,067
Cheshire.—Net income, 1877-78, $78,019. New 6
3,209,697
2,449,571
—<V. 26, p. 40, 66, 95, 141, 216, 315, 391,
per cent bonds for $586,COO authorized, to redeem
495,
574,
592, 624; V. 27, p. 651.)
bonds of 1880. (V. 23, p.
548; V. 26, p. 495; V. 27,
Central Ohio.—Leased to Baltimore & Ohio
p. 537.)
RR.
in 1866 for 20 years; rent 35
per cent of gross re¬
ceipts for five years, and 40 after. Pays 6 per cent to Chester Valley.—In bands of trustees and leased
Philadelphia & Reading. Coupons due 1860, paid
dividends.
May, 1876.




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

Bonds— Princi¬

Where payable, and by

Payable

g.
g.
g.

O

6
7
7
C
6
6
6
6
6
8
0
7

When

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

o

411,550

300,000

100
....

INTEREST OR DIVIDENDS.
Amount

‘

l

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

Chicago, Oincmnati it Louiscille—1st mort
Chicago Clinton Dubuque it Minn.—Stock

100

....

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

1,000

....

434

....

50
50

.

....

....

1,000
100 <fcc.

....

434

21*2

sinking fund
Cli., 1st mortgage

Louisiana ck Missouri, 1st mortgage
do
do

1878

....

1st mortgage,

1 st mort. guar,
2d mort. guar,
2d mortgage

....

....

88

Income bonds
Joliet & Chicago, 7 per cent, stock

St. Louis Jack. &

....

....

Cheshire—Stock, preferred

do

1,000

....

Income mortgage, (Virginia Central R. II.,)
coup.
Funded interest, coupon bonds

do

1875

....

by Va.

1,000
1,000
1,000
500 &c.
£200

195
195
23
21

convert

100

•

1867
9 874

....

Chesapeake d- Ohio—1st mortgage, gold, “A”
1st mortgage, gold, “B”

•

1,000

7

137
137
137
1213
742
50
138
146
742
158
123
152
152
20

!

•

....

500 <kc.

,1874

....

Adjustment mortgage

Central Ohio— Common stock
Preferred stock
1st mortgage bonds
Central Pacific—Stock

•

1,000

97
....

do
do
Consol in., coup. guar.
Am. Dock <fc Imp.Co. bonds, guar. Cent.of N. J—

100

1869
1872

....

Consolidated mortgage (for $25,000,000)
Newark <fc New York, 1st mortgage
Lehigh & Wilkesbarre Coal Co.,1st mort. guar—

Value.

500 «fcc.

1872
1870
1869
1871

....

or

par

....

202
202
359
74

Mortgage bonds

Size,

$500&c.

1864
1866

708
620

Bonds (convertible Nov., 1875 to 1877)

2d

[Vol. XXVII.

Chicago Burlington & Quincy.—Purchased in Oct.,
1876, St! L. Rock Is. & Chic, road, for $1,570,000 in
gold. Gross earnings for 1877 were. $1*2,530,875; ex¬
penses, $7,309,708; net earnings, $5,221,166; interest
charge, $2,139,911. The C. B. & Q,. leases numerous
branch roads, giving them a traffic
guarantee (usually
40 or 50 p. ct.) for
purchasing
their bonds. Leases
in perpetuity the Q. A. & St. Louis at
$42,000 per
annum.
Enough of the C. B. & Q. consolidated
mortgage is reserved to take up pnor debts.
In
January, 1879, new stock equal to 10 per cent of
the old issued to stockholders at
par.
of 1876, for St. Louis Rock Island

The bonds

&

Chicago

Railroad, are plain bonds of Chicago Burlington
& Quincy, offset by
mortgage of like amount,
on St. Louis Rock Island &
Chicago road, deposit¬
ed with trustees. (V. 25,
p. 138; Y. 26, p. 190,
548; V. 27, p. 356, 435, 651.)

Chicago & Canada Southern.—Connection of Can¬
Interest in default. (V. 25, p. 261.)

ada Southern.
.

Chicago, Cincinnati & Louisville.—No informa¬

tion furnished.

Chicago Clinton Dubuque cfc Minn.—This i0

final reorganization of the Chic. Clin. &
and Chicago Dubuque & Minn, roads.

331.)

.

•

Deibnque
(V. 27, P*

December 28,

RAILROAD STOCKS AND BONDS,

1878.]

Subscribers will confer

by giving Immediate notice of

great favor

a

DESCRIPTION.

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

Miles Date
of
of
Road Bonds

notes

Chic. <& East.HL—1st M., coup. (s.f.$20,000 after’85)

137
137
80
82
82
82
166
66

2d

mortgage income
Chicago <£ Iowa—1st mort., coup.,
Chicago, Iowa <£ Nebraska—Stock
2d mortgage (now 1st)

may

be reg

.

3d

-

do

(now 2d)

Chic. <& L. Huron—Peninsular, 1st M., gold, s. f
Port Huron & L Mich., 1st mortgage
Chic. <£Mich. L. Shore—1st M., New Buff, to St. Jo.

....

52

,

QJDJ*
0}

%

M

ft

.O

49
....

ft ns

L3

£

+=

tC

100
235
235

ftp

•

b

-

•

.

130
75

c

85
197

-*-*

O.JS

(7 p. c. y’rly, not cumulative).

193
193

Bonds, pref. (sink’g fund), 1st mort., Chic, to Osh.
Interest bonds, funded coup., 2d m., Chic, to Osh.
1st mort., general, 3d mort., Chic, to Oshkosh

26

1st mort. (Peninsular RR.) on roads and lands...
1st mortgage (Beloit & Madison Railroad)...
Consol, sink’g f’d M., (all above convert, into this)
Madison extension, 1st mort., sinking fund, gold.

Chicago & Milwaukee, 1st mortgage, 2d lien.

....

....

74
46
779
126
85
25
120

1863
1863
1865
1871

Menominee River, 1st mort., guar
Menominee extension, 1st mortgage, gold...
Gen. cons mort., gold, coup, or reg. ($48,000,000) 1,058
Winona & St. Peter, 1st mort., guar by Cliic.&NW.
137
do
2d mort.,
137
do
do
175
do
1st M. exten, gld, land gr., s. f.
75
Iowa Midland, 1st mort., guar, by Chic. *t N. W..
62
Northwestern Union, 1st mortgage, gold....
Minnesota Valley, 1st mortgage
Rochester & No.~Minnesota7lst mortgage...
Plain View Railroad. 1 st morffa^e,
T ~

morr^aJe"
Chicago, Pekin <£ Southwestern— 1st mortgage.
2d mortgage
Chicago, Rock Island <C Pacific—Stock
Ohicaao <£ Paducah—1 st

100 &c.

1876
1871
1872
1870-1
1871-1
1871
1870
1872

500 &c.
....

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

$40,000 per yr.).
mortgage (for$12,500,000) coup, or reg..

Chic.& Soutliw., IstM.g. (g’d in cur. by C.R.I.&P.)
Iowa South. ct Missouri North. RR. stock
Chic. St. Louis & N. O— 1st M. (N. O. J. & G. N.)
2d mortgage, (N. O. J. & G. N.)
1st mortgage, (Mississippi Central)
2d mortgage,
do
Chic. St. Louis & N. O. 1st mort. (for $13,000,000)
do
do
2d mort. (for $8,000,000)..
Chicago St. Paul & Minneapolis—1 st mort., g. ,coup.*
Land grant mort., income, coup. (2d on road)

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

7;34i;000

1,000

234,000
4,000,000
213,000
2,500,000
3,500,000
14,988,807
21,525,602
1,214,100
708,600
3,477,800

185
185
567
567
180

180
60

Cincinnati, Hamilton & Dayton—Stock
1st mortgage of 1853

1,000

Consolidated mortgage
Cincinnati <& Muskingum Valley—1st mortgage
Cin., Richmond & Chic.—1st mort., guar. C. H. &D.
2d mortgage, guar, and owned by C. H. & D.
Cin. Richmond <& Ft. W.—1st mort., gold, guar
Chicago & East. Illinois.—Ohio,. Danv.& Vine, sold
in foreclosure, and re organized. On income bond?
interest is to be paid as earned, not over 7 per year.

2f4,

Chicago & Iowa.—Sold Mar. 9,1878, in foreclosure
of 2d mortgage of $1,150,000, and a re-sale or.iered.
Compromise effected. (V. 25, p. 138, 307; V. 26,
p. 166, 264; V. 27, p. 40, 251, 513.)

1,660,000
158,000

1,000

272,000
249,000
4,807,500
3,150,000
1,700,000

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

400,000
500 &c.
500 &c.

1,000
1,000
100 <tc.

1,000
500 <tc.

2,700,000
12,343,000
2,750,000
1,650,000
4,375,000
1,350,000
3,500,000
150,000
200,000

1,000

1:000

2,961,000
700,000

1,000

300.000

1,000
l.OOO&c

1856
1860
1854
1865
1877
1877
1878
1878

1,000

100 &e.

1,000
500 &c.
100 &c,

20.979,800
910,000
9,000,000
5,000,000
5,000,000
2,941,000
1,500,000
896,500
1,600,000

1,791,000

....

i

500 &c.

2,800,000
2,018,000
3,500,000
1,246,000
494,000
1,500,000
1,846,000
1,120,000
471,000
1,500,000

500 &c.

1853
1865
1875
1873
1871
1874
1870
1860
1869
1871

98
56

Cincinnati, Lafayette <& Chicago—1st mort., goid

116,000

£35,000

56

148
36
36

90

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

560,000

65,000
1,800,000

1,000

.

8

3,674,000
1,315,000

100

60
60
60

2d
do
1865
Consol, mort. (for $3,000,000), sink, fund 1 p. c..
Cin. Ham. & I, (Junction) RR., 1st mort., guar...

190,000
640,000
(?)

100

206
224

....

600,000

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

..

7
7
7
7
7
7
7

3,810,000

....

s.

3^

6,600,000

1875
1877
1869

636
271

8
8
8
8
7

477,000
3,523,000
1,350,000
1,280,000
15,404,261
12,279,483

100^000

.

.

1,000,000

1,000
1,000
1,000

1873
1871
1871

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

568,200
211,500
3,600,000

1,000

156
70
64
732

Branch bonds (sinking fund

p.

1862
1853

248

Galena & Chicago Un. RR. extended...
Mississippi River Bridge b’ds, lien on net earnings

V. 26,

3,910,200

23

1st mort.,

(V. 25, p 40, 334, *56, 431, 618;
315, 419; V. 27, p. 435, 486, 513.)

100

1859
1862
1859

193

Appleton exten., 1st mort. on 23 miles and land..
Green Bay exten., 1st mort. on.26 miles and land

..

1,000

1,459
1,459

Chicago
c£ Northwestern—Common stock
Preferred st’ek

1st

1871

750,000
1,750,000

Rate pei
Cent.

$3,000,000

100 &c

1875
1863
1864
1867
1864
1869
1878
1868
1868
1861
1872
1872
1873
1866

370
220
.

Outstanding

100
100

370

.

1

Amount

$1,000

1,412
1,412

Preferred st’ek (7 p. c. y’rly, not cumulative).
Consolidated mortgage (for $35,000,000)
1st mortgage (Lacrosse Div.)

2d mortgage
1st mortgage (Iowa & Minnesota)
1st mortgage (Minnesota Central)
1st mortgage (Iowa & Dakota)
1st mort., Ia. &Dak. Exten. ($15,000 p. m.)
1st mortgage (Prairie du Cliien)
2d mortgage (Prairie du Cliien)
Milwaukee & Western
St. P. & Chic. 1st M. (Riv. Div.) $ & £(conv.)
1st mortgage, Hastings & Dakota
1st mortgage, Chicago ct Mil. line
Western Union, 1st mortgage

Value.

j!

7*3
7
.

7 g.
7
7
7
2
3L>

7
7
7
7
7
rr

4

7
7
7
4

7
7
7
7
7
7
7
7
8
7
7
7
7
7

g.

g.
g.

g.

'

g.

8
8
o

6
0
7
O

8
8
7
8
7
0
6
6
4
7
7
7
7
7
7
7
7
7
7

Chicago, Iowa & Nebi'aska.—Leased in perpetuity
receipts.

g.
g-

g.
g.

g.

cash, in 1876 14 per cent in bonds, and 3*4 per cent
in cash; in 1874 7 in bonds, 1873 7 cash, 1872 7, 1871
7, 1870 7 and 3 scrip; on common stock in 1871 7
scrip, 1870 3 cash and 7 scrip. (V. 25, p. 138, 431;
Y. 26, p. 117, 264, 599; V. 27, p. 172, 251, 3/2,382,
461.)

27, D. 408, 487, 652.)
Chic. & Mich. Lake Shore.—In default since July,

1873, except on the $477,000.
Foreclosure sale
made Nov. 16, 1878. (V. 24, p. 493; Y. 26, p. 495,
599; V. 27, p. 227, 538.)
Cfuc. Mil. & St. Paul.—Net earning3 1877, $3,574,460; 1876, *3,100,847; 1875, $3,085,389. The earnings
were reduced in 1874 and 1875 by the lower freight

imposed by the Wisconsin railroad law. The
modified, and with April, 1876, higher rates
again took effect. Annual report for 1877, V. 26, p.
364. The following is a comparison for three years
of operations, and financial condition at the close of
rates

law

was

year:

1677.

1,412
Stock
$27,^83,744
Debt
29,954.500
8,114,894
Earnings.
4,540,433
expenses,
et earnings.
3,574.460
Miles.../..

%

1876.

1,399
$27,673,744

30,010,500
8,054,171

4,953,321
3,100,847

-

18*6.

Chicago <& Northwest.—The fiscal year ends with
The net surplus of the year on the Chicago

May.

& Northwestern lines proper,

after paying interest,
$3,147,265, and on the whole system, including
proprietary roads, $2,464,487. The net deficit on
proprietary roads was $682,688, including the inter¬

Of consol, bonds of 1875 enough are reserved to
take up old debt. Dividends have been paid since

lg69_on pref. stock—in 1878 10# cash, in '1877 3y2




on

2,243,188

their bonds.
acres

unsold.

& Northwest, proper,
follows:
Gross

1877-78
1876-77...
1875-76
1874-75

earnings.
$13,583,847
.

....

11,877,509
12.773,711
12,707,726

Lands of the company are

Operations of the Chicago
for four years, compare as
Expenses

and taxes.
$6,756,126
6,517,680
7,408,857
7,984,694

et

earnings.

$6,5*27,720
5,'29,819
5,361.8 3
4,723,' 31

All

other bonds, including those of proprietary
roads, may be absorbed by the gold loan, and
that amount
is reserved from the $48,000,000.
Dividends since 1870 have been paid as follows:
Dec., 1878, 3# on pref., 2 on com. stock; June, ;8?8,
3# on pref., 3 on com.; Dec., 1877, 3J6 on pref.;
Dec., 1876, 2V4 on pref.; July, 1873, 3# on pref.;
Dec.. 1872, 3# on both; June, 1872, 3# on pref.:
Dec., 1871, 3# on pref.; June, 1871, 5 on both. (V.
25, p. 160,441, 532; V. 26, p. 469, 574; V. 27, p. 140,

170, 372, 426, 603, 628.)

1,399

$27,673,744
27,129,000
8,255,743
5,170,354
3,085,389

J.

& D
Dec.
J. & J.
J. & J.
J. & J.
F. & A.
M. ct N.
M. & N.
M. <t 8.
J. & J.
M. & N.
M. & S.
J. <t J.
A. <& O.
J. & J.
J. & J.
A. & O.
J. & J.
J. & J.
J. & J.
J. & J.
F. & A.
F. & A.
J. & J.

I

Bo nds— Princi¬

pal, when Due,-

and by

New York, 4th Nat. Bk
-do
do
New York and Boston

Boston, by Treasurer.
Boston, Merchants’ B’k.
New York, Park Bank.
New York.
do

Bost., Treasurer’s office.

Stocks—Last
Dividend.

June, 190T
Deo., 1907
July 1, 1901
July 1, 1878
July 1, 1888
Aug. 15,1892"
May, i 889

May 1, 1900'
Sept. 1889v
July, 1890
Nov., 1891
Sept. 1, 1892
Jan., 1871
Oot. 15, 1878
July 1, 190&

do
do
do
do
do
do
New York, Office.
do
do
do
do
1893
do
do
1884
do
do
1897
do
do
1891
do
do
1899
do
do
do
do
July 1, 19085
1898
New York, Office.
1898
do
do
1891
do
do
J. & J. London and New York.
Jan., 1902T
J. & J.
1902
New York, Office.
J. & J.
1903
do
do
F. & A. N.Y.,Mil. & St.Paul RR.
Feb., 1890
J. ct D. New York, Co.’s Office.
Dec. 28,1878
J. & D.
Dec. 28,1878
do
do
F. & A.
do
do
Aug. 1, 1885
M. & N.
Nov. 1, 1883
do
do
F. & A.
do
do
Aug. 1, 1885F. & A.
do
do
Aug. 1, 1885
F. & A.
do
do
Aug. 1, 1885
F. ct A.
Feb. 1, 1882
do
do
J. cfc J.
Jan. 1, 1884
do
do
M. & S.
do
do
Sept. 1, 1898;
J. ct J.
do
do
Jan., 1888
Feb. 1, 1915do
do
Q.-F.
A. ct 0.
do
do
April 1,1911
J. ct J.
do
do
July 1, 1898
J. ct J.
do
do
July 1, 1900
J. ct D.
June 1, 1911
do
do
Dec. 1, 1902
J. ct D.
do
do
Jan. 1, 1887
J. ct J.
do
do
Nov. 1, 1907
M. ct N.
do
do
Dec. 1, 1910
J. ct I).
do
do
A. ct O.
Oct. 1, 1900
do
do
June 1, 1917
M. & S.
do
do
.

*

■

J. ct J.
July 1, 1903
F. ct A. N. Y., Farm. L. & T. Co. Aug. 1, 1901
1891
A. ct 0.
Q.-F. New York, Co.’s Office. Feb. 1, 1879
F. ct A.
do
do
Aug. 1, 1895
J. ct J.
do
do
July 1, 1917
M. ct N.
do
do
Nov., 1890
Fob. 1, 1870
do
do
Q.-F.
J. ct J. New York, Co.’s Office.
July 1, 1886
A. & 0.
Oct. 1,1890
do
do
Nov. ’74/79 ’84
M. ct N.
do
^
do
Nov. 1, 1886
F. ct A.
do
do
Nov. 1, 1897
M. ct N.
do
do
Dec. 1, 1907
I. & D.
do
do
M. ct N.
New York, at Office.
May 1, 1918M. ct N.
do
do
May, 1898
A. ct O. N. Y., Winslow, L. & Co.
April, 1873
M. & N.
do
do
May 1, 1880
J. ct J.
do
do
July 20, 1885
A. ct O.
do
do
Oct., 1905
do
do
J. ct J.
Jan., 1903
M. & S. N.Y., J.8.Kennedy ct Co.
Mch. 1901
Nov. 1, 1914
J. ct J.
do
do
J. & J. New York, Moran Bros.
Jail., 1901
T. ct J. N. Y., Winslow, L. «t Co.
July 1895
Jan. 1, 1889
J. ct J.
do
* do
I. & D. N. Y., Winslow, L. & Co.
June, 1921
dend payments (8 p. c.) $1,678,384; surplus for the
year, $665,647. Owns stock of la. So. & Mo. North,
and pays 2 per cent quarterly to Rock Island stock¬

holders. making their quarterly dividend actually
2# per cent. Controls Peorii & Rock Island road'.

Keokuk & Das Moines RR. was leased Oct.. 1878.
(V. 25. n. J 5 230,476: V. 26. p. 574, f 90, G23r
653; V. 27, p. 514.)
.

'

est

Chic. & Lake Huron.—This was a consolidation
of the Peninsular Railroad and Port Huron & Lake
Mich. To be sold iif foreclosure under the sectional
mortgages.
(V. 25, p. 90, 212, 283; V. 26, p. 116; V.

) Where Payable,
Payable|
Whom.
When

>

was

to Chic. & Northw., at 37# per ct. of gross

discovered in these Tables.

INTEREST OR DIVIDENDS.

1

1877
1877

1860
1863
1869
1870
1869
1870
1871
1872

....

Chicago, Milwaukee <& St. Paul—Coin, stock...

or
Par

....

....

1st mortgage, main line
1st mortgage, on branches
1st mortgage, on Muskegon & Big R. Branch

Size,

any error

tvii

Chicago & Paducah.—Gross earnings 1876-7, $271,370; net, $68,294. (V. 23, p. 427.)
Chic. Pek. & Southw'n.—'Recaiver appointed June,
1877. Net earnings 1876-7, $58,211. (V. 25, p. 16,

618.)

Chicago Rock Island & Pacific.—In 1877-8 cross re¬
ceipts were $7,835,870; net receipts, $3,511,356; divi¬

Chic. St. L. &N. O —Operated as a connecting line
with Illinois Central.
Formed by a cons ilidaiion
after foreclosure in 1817. -\ Gross e xnings. 1877,

$3,100,595: n*‘t earnings, $476,744.
308, 432, 458, 53 >.)

(V. 25, p. 212,

Chicago Si. Paul <6 Mi neapolis.— This

is the

West Wisconsin RR. reorganized. The 1st mort.
is a 2d on .'.he lands; the land mort. a id on road,
but no foreclosure can be had except on default on
1st mort. The lands mortgaged are about
CO,000
acres.
(V. 24, p. 543; V. 25, p. 41, 115; V. 26, p.

4,0; Y. 27, p. 3S2.)
Cine. Ham. & Dayton—Net income in 1877-8
$82,784 after payment of interest. Defaulted on
C. II & I. guarantee in 1877. (V. 25, p. 186, 569,
591; V. 26. p. 117, 599, 62* ; V. 27, p 356.)

Cincinnati, Lafayette & Chicago.—Gross earning b
$?28,172, net, $116,159. (V. 20, p. 568.)

in 1876-7,

Valley. - Is leased for 99
from 1873 to Pittsb., Cin. & St. Louis for net
earn’gs, but bon led interest is guaranteed. Net earn¬
ings, 1877. $25.885—total loss to lessee, $79,114. (V.
22, p. 519, 614.)
Cincinnati & Muskingum

years

Cincinnati, Richmond & Chicago

-

Leased to Cin.,

Ham. & Dayton, which owns most of the stock.
income above interest, 1875-6, $8,229. (V. 21, p.

Net

62.)

Cincinnati. Richmond <& Fort Wayne.—Leased to
Grand Rapids for y9 years. Interest guaranteed by
Gr. Run., Cin. Ham. & Davton, and bv Pennsylvania
Co. (V.22, p. 532; V. 24,p. 563; V. 27, p. 172.)

*Vill

KAILKOAD STOCKS AND BONDS.

Subscriber* will

confer

a

great tavor by

giving Immediate

DESCRIPTION.

Cincinnati, Sandusky d Cleveland—Stock
Preferred stock
Mortgage bonds, Sandusky, Dayton A Cincinnati
do
Sandusky city A Ind
do

188
138

.

..

Ind.—Stock..

mortgage (C., C. 6c C. RR.) $25,000
do

..

<

&

mortgage

Del.—1st

,

Income mortgage
Cleveland d
4tli

mortgagel

gold—j

Guaranteed stock

(now 1st)

—

Central— 1st
Columbus d Hocking mortgage, convertible

Valley—Stock
1st
mortgage, sinking fund bonds
1st mortgage,
Logan 6c Straitsville Branch
2d mortgage bonds

d Indiana Central—Stock
(consol.) Columbus. Chic. & Ind.
Central..
do
Chic.
G't East. (Chic, to
Logansport).
do
Col. 6c Ind’polis Cent.
(Col. to Ind’s A hr.).
do
Union ct
Logansp’t (U’n City to Logansp’t)
do
Tol. Logansp’t ct
to Ill line)
do
Col. A Ind. 1st ct Burl.(Logansp.
2d prefdCol. to U’n
do
City)
Cinn. ct Chic. Air
Liue(Richm’d to Logans.)
2d M. Col. 6c
Ind’polis Cent. (Col.to Union City).,
do
Indiana Central
to Ohio line)
do
Chic. A G’t East, (Indianapolis
construe. (Chic, to Rick’d)
do
Columbus, Chicago A Ind. Central
Income conv. do
do
do
..

Income (Toledo,
Logansport ct Burlington)
Columbus, Springfield d Cincinnati—
1st mort
Columbus d Toledo—1st
mortgage, coupon, s. f
Columbus d

1202

1364
1809

1,000

1374

1,000

80
G7
07
35
145

coupon

199
101
18
78

1807
1870
1872

588
5*3

1803

mortgage..
mortgage, sinking fund
Common

117

208
93

1

01
102
107
102 i
72
1857
224 I
587 I
....

!

....

1,000
•

.

•

•

.

•

•

•

...»

.

•

•

•

....

...»

500 Ac.
....

_

m

m

1.000
1,000

-AA., ^ Hell

.

JU.

0. II. AD.)—

O.U.

.

OL

1,000

j

-

1873

!

1871

50
100
100
100 Ac.
100 Ac.

100

38 ! 1809
1875

1,000

50 1
44
7 i

100
1.000

1871
....

1303

.

\

Bound Brook—1st
mortgage.

....

!

....

•
....

!

....

Olbj ! 1374
33
33
117
100
142
142
142
142

j

|

■1

....

....

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

1,000
50

’GO-’72
1809

1870

Amount

Outstanding

discovered

100 Ac
1,000
....

50

1371
50
! 1856
1,000
! 1807
1,000
1809
1,000
61A 64 J 500 Ac
41 i 1805
1,000
27 ( 1875

....

....

^

When

Cent.

M. A
F. &
M. 6c
J. &
A. &
&
&
&
&
&
M. &
J. &
M. &
F. A
M. &
J. &
J. &

1.100,300
2,000,000
651,000
1,824,000
14,991,800
175,000
429,000
3,000,000

2,759,200
030,000
500,000
1,350,000
950,000

6G9'000
11.243,730
1,104,844
2,700.000
1.336,000

2.180,000
584,000
1,272,000
2.011,000
1,500,000
300,000

g-

13,933,972
7
7
7
7
7
7
7

2,032,000
775,000
531,500
313,000

217,750

2,175,500
1,272,000
123,000
400,000
400,000
202,500

2,100,000
1,000,000
990,000
803,500
594,000

1,777,850
101,000
109,500

81,800
558,000
600,000
500,000
2,000(000

1,710,000
2.395,350

7
10
7
7
7
7
7
7
2
7
5

3iu
1

7
7
1
6 g7
4
7
6
6
6

2h
8
8

6*
7 g

1^
7
7 g
5 g

1%

1,280,100

2

1,870,000
420,000
350,000
105,500
014,000

7

1,500,000

N.

7
7
7

6 & 7
7

Sandy sky & Cleveland.—In
the year
Colorado
ending June 30, 1-7?’, gross
j
mainly by Union Pacific,
earnings were $714,323; j which holdsCentral.—Buiit
expenses, $5-34,917: net
the bonds,
$5,270,593 in all, (V. 23, p.
$179,900.
Six 183; V. 26,
coupons on 2d mort. bondsearnings,
p. b26.)
beginning with
June, 1877. (V ». p. 380, funded,
Columbus A Hocking
407. 430, 510,
511; V. 1877.
Valley.—Gross earnings,
26, p. 116, 141; V. 27, p. 303,
f8*8.899: no:, $357,755. against
382, 461.)
$386,834 in 1876.
(V.
24. p. 395 ; V.
Cincinnati & Spring field.—Leased
25, p. 90; V. 26, p. 390.)
in
to Clev. Col. C. A
I., with guarantee ofperpetuity
Columbus. Chicago <& Indiana
interest:
on half of 1st
Jan.
mortgage bonds interest is
22, 1869, it was leased (amended Central.—On
guaranteed
Feb. 1. 187°,) by
by Lake Sh. A 51. S. (V. 23, p.
the
232.)
Pittsburgh Cin. & St. Louis, guaranteed
by
Penn.
Cincinnati. W’bash &
The amended lease
Michigan.— Some bonds interestRailroad.
guaranteed
held by‘L. Sh. A Mich.
on
$15.821,000 of first and second bonds.
So’n. but no indorsement
that companv. Went
by Aug.. ’74, default was made on
into trustees’ hands Jan
the $5,000,000 seconds.
1878
(V. 26, p. 40,*166, 192, >,67.)
April 1, 1875. defaulted on 1st mort.
The guarantee
of interest was
absolute, hut the Pennsylvania Rail¬
Cleveland, Columbus, Cincinnati &
road claims that the C. C. Sc
Annual report in V. 26,
Tndianap,—
I. C. Co. did not fulfil
p. 287.
Net
all its part.
Bondholders claim that no such failure
$488,778, against *702.M7 in 1876. earnings 1877,
after bonds had been sold
(V.
24,'
p.
219
320; V. 25, p. 510; V. 26, p. 28
with the
7.)
prejudice their rights. The case wasguaranty could
argued before
Justice Harlan of U. S.
Cleveland & Mahoning
Circuit Court, Aug., 1878.
lantic & Great Western. Valley.—Is leased to At¬ Interest on most of the old
(V. 20, p. 85, 139; V.
prior
bonds has been
23, taken uo. (V. 23, p. 40,
p. 232, 40J.)
254, 547: V. 24, p. 157
420. 589: V. 25. p.
Cleveland. Mount Vernon &
62, 113, 495; V. 26, p. 16o,
389,
Delaware
Defaulted 522, 574: V. 27, p. 172. 199.)
July, 1874, and coupons due then and
one-half of
Columbus & Toledo.
coupons from Jan. 1, 1875, to and
including July 1, of operation, $330,882;—Gross earnings, ’77, first year
1877, were postponed to Jan.
net, $119,602. (V. 26, p.390.)
1.1885. and the remain¬
ing half to be paid, but this failed
July, 1877, and tl •Columfjus & Xenia.— This road is leased to the Litnegotiations are periling.
Miami
Gross
and both roads for 99
earnings 1877, burg Cinn. Co.,
$388,896; expenses. $307,171: net.
years to Pitts¬
& St.
charge, $121,982. (V. 22, p. 350; V.$81,724. Interest by Pennsylvania Louis Co.; the lease is guaranteed
24, p. 248.)
Railroad, and the terms are 8 per
cent on stock and
interest on bonds.
Cleveland & Pittsburgh.--Leased to
Pennsylvania
Railroad at 7* per cent on
Concord.--Net receipts in
stock, besides expenses
1877-8, $340,453. (V.
and interest, and
transferred to Pennsylvania Co. 24, p. 541; V. 26, p. 521.)
In 1877 there was a net
j
Corword <fe
deficit of $207,11*1 to
Portsmouth.—lawed to Concord RR.
lessee, at
•<V. 24, p. 63 ; V. 26, p. 67, 2
$25,(XX) per year.
87.)
Cleveland, Tuscarawas Valley &
Wheeling.—This i Connecticut d Passumpsic. —Annual
road was sold under a 2d
mortgage, Jan. 27,1875, aud ; June, 1878. showed net earnings for yearreport to
re-organized. Gross earnings. 1377.
$222,590,
$491,463: net, against $244,340 in 1876-7. Tne new*
$181,521 (V. 24. p. 563; V.
mortgige of
$1,500 009 will retire previouf issues.
26, p. 289.)
(V. 23, p. 301,
547; V. 25, p .211,431; V.
26, p. 367.)
Colebrookdale.—Leased to Philadelphia A Readj1 Conrvecticut Central. Net
4*g. No dividends paid on stock.




,

—

p. 209.)

1872

do
do
Nov. 1, 1878
do
do
Aug. 1, 1900
do
do
Sept. 1, 1877
N Y., Union Trust Co.
Dec. 1, 1890
N. Y., U. S. Trust Co.
April 1, 1901
do
do
1902
Wabash, Indiana
July
1, 1891
N. Y„ U. S. Trust Co.
Feb. 1, 1876
do
do
June, ’75 to ’84
do
do
Until 1899
do
do
May, 1899
New York or London.
June 1,1914
Cleveland, Office.
1877
N. Y., Ward, C. A Co.
Aug. 1, i893

A.

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

Sept., 1906
Jan., 1890
Jan.
Jan.
Jan.
Dec.

1, 1900
1, 1901
1, 1905
2, 1878
Jan., 1892
Nov. 1, 1900

-•

Jan.

1, 1913

earniugs, 1876-7, $12,390.

June 1, 1898
June 1, 1890

Aug., 1878

Oct.

April, 1908

Various
J. 6c J.
A. 6c O.
F. 6c A.
J. & J.

1893 to ’95
N.

6c
&
&
&
6c
6c

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

Nov.,
Dec.,
Feb.,
Dec,,

Y., A. Iselin A Co.
do
do
do
do
do
do

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

do
do
do
do
do

1886 to ’90

do

Feb., 1890
Sept, 1, 1901

Columbus Treasury.
M. 6c S. N. Y., Am. Excli.
N. B’k
A
A
A
A

N.
J.
A.
O.

Boston, Tower, G. A Co.
Boston.
Boston Office,
do
do
do
do

Various
F.
J.
A.
J.
J.
M.
51.
51.

A
A
A
A
A
A
A
A

A.
J.
O.
J. Boston, Bost.A Alb.RR.
J. N. Y., Am. Excli. N. Bk
S.
Philadelphia.
S. New York, Co.’s
Office
N.
do
do
Q.-J. Phila. and Carlisle, Pa.
A. A O. Pkila., T. A.
Biddle A Co
A. A O.
do
do
A. A O.
do
do
F. A A.
New York.
Q.-M. New York and Danbury
J. A J. New
York, 84
A. A O. N. Y., Farm. L.Broadw’y
A T. Co
J. A D.
A. A O. Cincinnati. C. II.A
D.Co.
Q.-J. N. Y., Winslow, 1/. A Co.
J. A J.
do
do
M. A 8.
do
do

A. A O.
51. A S.
J. 6Cr J. N.
F. A A.

do

do

do

do

1904
1905
1884
1883

Nov., 1904
Jan., 1882

N. Y„ A. Iselin A Co.
N. Y., Union Trust Co.
New York.

Q.-M.

M.
J.
F.
A.

1, 1897

July 1, 1880
Jan. 1, 1892

A. & O.

Aug. 1, 1905

Dec.10, 1878
Sept. 1,1890
Nov. 1,

1878

July 1, 1878
Aug. 1, 1878
April 1, 1893
Jan. 1,1881

Aug. 1, 1878
July 1, 1889
Oct., 1895
Jan. 1, 1879
Jan. 1, 1901
1900-’l-’2-’3-’4
March 1, 1891
5Iay 1, 1888
Oct.

1, 1878

April 1, 1904
April 1, 1908

Jan.

1, 1884
Feb. 1,1894
(I)
1880, ’90, '92
April, 1909
Dec. 1, 1906

Oct.,-1878
J uly,

1878

July, 1881

Sept,, 1887
Oct., 1888
Mar.,’81 & '94

Y., Am. Exch. N. B’k Jan. 1, 1905

Philadelphia.

Cincinnati,

(V. 22,

Boston, Office,

Cleveland, Ohio.

10,423.000
451,000

350,000

Stocks—Last
Dividend.

6c D.
Pliila., Co.’s Office.
6c D. Boston, Treas.’s Office.
& A.
Columbus, Office.
6c O. N. Y., St. Nick. Nat, B’k
6c J.
do
do
6c J.
do
do

700,000

1,500,000

Whom.

-

D.
J.
N.
D.
N.
A.
S.
J. N. Y., Union Trust Co.
J. N, Y., Wiuslow, L. 6c Co.
do
do
M. A S.
do
do
Q.-M. N. Y., Farm. L. & T. Co.
J. & J.
do
do
M. 6c N.
do
do
J. & J.
do
do

2,422,000

3,847.000
74,024
1,000,000
2,343,000
1,786,200
302,000

Bonds—Princi¬

pal, When Due.

Where Payable and by

Pay’ble

429,037
750,000
350,000

821.000
006,500
341,400

in these Tables,

INTEREST OR DIVIDENDS.

$4,005,750

3,092,000

.

!

52
52

e
l

....■

110 !

..

2d mortgage.
3d mortgage.
*7

1,000
1,000

....

38 i

guaranteed

guar.

A

50
500 Ac.

1804
1805

38 1 1806

.

it

1,000

...

!

Dukotah Southern—1st
mortgage, coup., s. fund..
Danburyj£ Xonculk—Stock...
1st, 2d and 3d
mortgages
Danville, Vrbana,
JiTton d Pekin—1st
M., gold—
Davenport d North western—1st
Dayton d Michigan—Com. stock mortgage, gold
(3^2guar. C.H.AD. /
Preferred stock, <8 percent,

rr

1.000
1,000
1.000
100 Ac.

....

2d

d

1.000

100

38 |

by Conn. A Pass.

Connecticut IUver—Stock
Connecticut Valley— 1st
Connecting (Phila.)—1stmortgage
Cumberland d Pen nsylvanmortgage
ia—1st mortgage
2d mortgage,
sinking fund, (guaranteed)
Cumberland Valley—Stock
($184,900 preferred)
1st

Delaware

1803
1870

70
13
89

....

bonds

1.000

500 Ac.

50

Passumpsic—Stock
New
mortgage (for $1,500,000)
Notes,
guar,

50

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

50

1802
1807
1873

55
141
41
140
110

Concord d Portsmouth—
Stock, guaranteed
Connecticut d

bonds,

1,000

.

45 i 1871
118 ! 1875

Xenia—Stock

do

.

.

1873
1870
1870
1870
1871
1875

199

....

1st mortgage
Con cord—Stock

1,000
1,000
1,000
100
500

.

89

Columbus, Chicago
1st 51

....

1800

225

Consolidated sinking fund mort. for
Construction and equipment bonds $5,000,000..
Cleveland, Tuscarawas Valley d
Wheeling— 1st in...
Colebrookdalc—1st mortgage
Colorado

50

138

390
390

--

mortgage,
1st mortgage, Columbus
Extension

-

1

a year—
(Bel. 6c Ind.) excli. for new mort...
do
C.. CM C. A I.
Consol. M. for $7,500,000 sinking fund
(sink, fund 1 per ct.)
Cleveland &
Mahoning Valley—Stock
1st
mortgage, extended
New bonds
Niles 6c New Lisbon, 1st

Value.

$50

80
48
114
471

—

d

or

par

....

....

....

Size

1806
1852
1867
1371r
1372
1871

....

Cincinnati, Sandusky 6c Cleve...
Cincinnati d Springfield—1st
mortgage, guar
2d mortgage
Cin., 1 Yah. & Mich—1st
mortgage

Cleveland, Mi.Vcrnon

notice of any error

1

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

Cleveland, Columbus, Cincinnati
1st

[VOL. XXVII.

August, 1905

Connecticut Pdver.— Net income
1S77-8. $205,686,
(V. 23, p. 500; V. 26, p.
94; V. 27, p. 5)7.)
Connecticut \alley. - In default and
surrendered
to State Treasurer as
trustee for bondholders.
Net earnings, 1876-7,
$59,019. (V. 2-3, p. 40, 575,
622; V. 25. p. 61C ; V. 26, p. 18,40.)

against $201,931 in 1876-7.

Connecting.—Leased

to

Philadelphia & Trenton,
by Pennsylvania;
6 per cent on
$1 ,278,390 stock, and interest on terms,
the bonds.
and operated

Cumberland '■£ Pennsylvania.— Owned and
oper
Co., which guarantees
$1,500,000. (V. 22, p. 415.)
Cumljertand Valley.—The stock is
owned in large
part by Pennsylvania Railroad Co. Net
1877, $254,253.' Large advances have been earnings.
made to
branch roads. (V.
24, p. *35; V. 25, p. 493.)
ated by Consolidation Coal
2d mortgage.
Stock

Dakota Southern— The
earnings of the road are
reported at $207,000 in 1877, and net
earnings $100,000. Second inortg. bonds for
celled an i pref. stock issued. S $600,003 were can¬
fund is 4 p. c. in
1879 and 5 p.c. afterwards.
(V.25, p. 609; V. 26,p.334.)
Danbury & Norwalk.- -Gross earnings,

$165,215;

expenses,

$114,969;

1876-77,

net

earnings,
$50,275. (V. 28,p. 141.)
DanviUe. Urbwa, B oomington & Pekin. -This
ib
a part of the
Indianapolis Bloomington & Western,
now in defaul t.

Davenport

See I, B. & W.

&
Northwestern.—Organized June,
1876, after fo-eclosure.
Gross earnings 1877-8,
$222,627; net, $17,738. (V. 27, p. 566.)
Dayton & Michigan— Le ased in
perpetuity to Cin.
Ham. A Dayton, which
pays interest on bonds, and
guarantees
dividends on stock,
itself
$1,398,100 of the common. (V. 21, p. holding
62.)
Dayton & Western. Leased to Little Miami,
and
with that to Pittsb. Cin. A St.
L. About $90,000 of
old ext. mortg. bonds of
1881, are yet out, which

will be retired
shortly.
Delaware <fc Bound Brook.—Part of the
between N. Y. aud Phila. Gross

$238,466; net, $67,044
(V. 22, p. 209, 257; V. 26,

p.

new

route

earnings 1877,
Floating debt, $259,033.
342.)

,

December 28,

RAILROAD STOCKS AND BONDS.

1878.]

Subscribers will confer

a

great favor by giving immediate notice 01

DESCRIPTION.

Miles
36
of
Road

Date

—

at

tiie

head of first page of tables.

Size,

of
Bondi s

13

Outstanding

$50

$1,430,216

Delaware, Lackawanna <£ Western—Stock

do

do

i)

115

))

288

Denver

.

Dodge—1st mortgage, coupon..
Detroit, Lansing A North.—1st mortgage
Ionia & Lansing, 1st mort., coup., may be reg..
do
2d mortgage
do
do
Detroit A Milwaukee—1st mortgage bonds
2d mortgage, April 28, 1856 f
1st funded coupons, Nov. 15, 1860
2d funded coupons, Nov. 13, 1803
Bonds of June 30, 1800 (conditional)
Sterling (Oak, & Otta. RR.) Oct. 1, 1853, gold..,
Dollar (Oak. & Otta, RR.) bonds, Oct, 1, 1853...
mui

tv

i

umjciv

88

189

.

....

'.

■

1863
1866

.

-

....

-

....

'

m

m

m

m

....

....

143
100
43
55

.

.

....

1863
1864
1863
1863
1870
1870
1870
1873

55
1

90
90
90
30
36
36
270

registered

1858

242

500 Ac.

1,000

150,866
51,000

Various
100
500
500 Ac.
500

‘

130

•

•

•

1,000
1,000

1,000
1,000

200,000
500,000

50

1,309,200
495,900

100 Ac.
100

1,000
1,000
1,000

•

‘ioo

282

1856
....

....

Mortgage funding certificates.

Eastern Shore, (Md.)—1st mortg
2d mortgage, convertible

1876
1860
1866

39
39

1st mortgage,
2d mortgage,

convertible
Consolidated mortgage free of State tax
Equipment bonds
Europ'n A V.d m.—1st M., Bang’r to Winu.,Bang’r l’i
Land grant 1st mort. (2d mort. Bangor to Winn.)
Bangor & Piscataquis, Bangor loan, 1st mortg...
Evansv. A Tenw Haute.—1st in., Ev. A Ill., s. f
1st mort., sinking fund (Evansville to Terre H.)..
Rockville extension
Evanvillb, Terre Haute A Chic.—1st mort., gold

2d mortgage, gold

Fitchburtf—Stack
Bonds,

coupons

($4,000,000 authorized)

Flint A Pere Marquette—Stock

Bay County, issued in aid, guar by lessees

1,000,000

7
5

I. A
A. A

1,998,400
291,700

1,000

2,193,000

7

745,000

ry
4

Construction bonds

for 6 per cent on

stock and bonds, but if 80
per cent of gross earnings does not pay that, the
balance is charged annually to Del. RR. In 1877, 30
p. c. was $125,041.
(V. 26, p. 1 41.)
Delaware Lackawanna A Western. —Operations
consist largely of coal mining and transportation.
No annual report is made, extort that required to
the State authorities of Penn. For PCI the income
account is given thus:
Net earnings from iransportation
$4,401,858
Less loss in Coal Department, &c
1,022.660

$2,470,10/

$201,057
3,185,262—3.387.210
Loss for year 1877....
$008,621
The mortgage authorized for $10,000,000 is to
take up prior bonds with $2,821,000, and the

balance for cash resources. The Morris & Essex
Railroad is leased and some of its bonds guar¬
anteed. (V. 24, p. 181, 605; V. 25, p. 457; V. 26, p.

191.)

Valley.— This road is leased to

Denver Taciftc.—Land grant. 1,100,000 acres. In
1877-8 gross earnings were $228,639; net earnings,

$87,546.

Receiver appointed April, 1878.
342,408, 414, 549; V. 27. p. 253, 274.j

(V. 26,

Denver A Rio Grande. — Narrow-gauge
road.
Leased from December 1, 1878, for thirty years to
Atch. Top. &> Santa Fe, at 43 per cent of gross
earnings first year and thence decreasing. (V. 26, p.
599; V. 27, p. 67, 227, 331, 382, 134, 514, 53J, 603.,)
»

Des Moines A Fort Dodge.—Th;s is part of the
Des Moines Valley, reorganized after foreclosure.
There are also $l,2w,000 Income bonds. Coupons

of

Jen., 1877,

were

funded.

Detroit Lansing & North.—The old road was
sold in foreclosure December 14. 1876, aud new
company organized by bondholders, who issued




1,000
....

500 Ac.

1,000
1,000
500 Ac.

1,000
1,000
100

„

1,000
100

..

17

1868

13

1867
.

$1,874,600

-

-

.

1871
1877
common

2,000,000
814,000
281,000
611,000
125,500
775,000
325,000
5,000,000
1,000,000
3,298,200
3,242,000

■

1,000
500 Ac.
500 Ac.

500

....

65
59

1,000,000

....

1,000
1,000

2,058,000
386,500
100,000
75,000
47,405

1,000.000
309,000

1*4
4

I.
A.

r.
I.
\.

10

10
8
8

7

g.

stock and $2,504,000 pref. stock.
(V. 23, p. 599; V. 26,

$978,279.

Dubuque Southwestern— Farley to Cedar Rapids, la.
Gross trainings, 1877, $105,312; expensts, $97,215.
(V. 26, p. 264, 459.)

Allegh. Valley A Pittsburg.—A consoli¬

dation, Dec. 1, 1872. Road leased and bonds mostly
held by New York Central & Hudson, which pays
as

M.

8
8
10

Dubuque cfc Sioux City.—Leased to Illinois Cen¬
tral, in 1867, for 20 years, at 35 per cent of gross cat nings first ten years, and 36 afterwa®ds. In 1876 gross

interest

M.
A.
I.
M.
?\

7
7
7 g.
7 g.
4
7

251, 356.)

Dunkirk

I.

6
6 g.
6 A 7
7

288.)

were

July, 1883
Oct., 1883
June. 1890
Oct. 1, 1890
Oct. 1. 1890
J ill v

1, 1903

July 16, 1878
Mar.

1, 1888
April 1, 1878

July 1, 1900

1880 to 188ft

May 1, 188ft
July 15, 1873
Sept. 15,189ft

rental.

.

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

Sept., 1900
Jan.
A pi.

1, 1880*
1. 188ft

| Baltimore, N. Cent. RR.

Sept., 1878

Phila., Penn. R. R. Co.

Nov., 1878
Jam, 1879
Jan. 1, 1880*
Oct. 1, 2802

N.j

do

J.i

do

J.! Phila., Penn. Trust

O.j

Q.-M.
T.

ry

Detroit A Milwaukee.—This road was operated by
the Great Western of Canada, but defaulted in 1873.
and sold in foreclosure Sept., 1878.
Net earnings
Jan. 1 to Nov. 10, 1878, $233,204. The Detroit A
Pontiac interest has been paid.
vV. 26, p. 117. 232,
2 4 2, 367, 391,
tl9, 574, 599; V. 27, p. 15, 40, 67, 17 \

earnings

Sept.

r»

Net earnings 1877, $282,946.
p.

Various.
Oct. 15, 1878
1883
1894

Co.

Phila., Penn. R. R. Co.
N. Y., Uuion Trust Co.
do

J.
O.

J.

do
do

O.

do

do
do
do
do

•

Boston.
.S New York and Boston.
O. Boston, Second N. Bank
J. N.Y.,Farm. L’anA T.Co.
J.

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

do

do

do

do

N.Y.,Farm.L’au A T.Co.
do
do
Boston Office.
do

VI. A N. N.Y., Mereh’nts’Ex.B’k.
VI. A 8. : y. Y., Meehan. Nat. B’k.
do
do
VI. A N.
r. a J. ]Newark, N. J., Saw Ins.
VI. A 8.
New York.
r. a j.
do
r. a j. : S’. Y., Mech. Nat, Bank.
r. A J. ]ST.Y.. Farm. L. A Tr. Co.

Dec, 10, 1878'

July 1, 1882
April 1, 1890
July 1, 1898
Oct, 1, 1890
Jan. 1, 1889
Mar. 1, 1899

April 1, 1890
Jan. 1, 1887
Nov. 1, T88T

Aug. 1, 1880
May 1, 1900
Jan. 1, 1903
Jan.

1, 1879*

May, 1902

Eastern Shore.—Formerly leased, but now oper¬
ated on own account since December. 1869.
Bill
filed for foreclosure.
(V. 22, p. 297; V. 27, p. 95.)

Elmira

Jeff. A Canandaigua.—Originally leased

& Erie Railroad Co. and < porateft
by it until May 1, 1866, when the lease \va> trans¬
ferred to the Northern Central Railway Co., by
to rile New York

which it has since been operated.

Elmira A Williamsport.—Leased in IS 3 to North.
Cent, for 999 years.
Rent amounts to $165,(LO per
year.
Erie A Pittsbu*</.—Leased in perpetuity to the
Pennsylvania Railroad and transferred to Penn. Co.;
the terms guarantee 7 p. c. per annum on stock and
debt. Net earnings, 1876, $190,S93. (V. 20, p. 425.)

Estop

an

A

North

Is75.
Sterling mort. on
forec'osed August, ISIS.

American. — Defaulted in
New Brunswick Division
(V. 26, p. 18, 142, 418; V.

27, p. 148, 251, 628.)
Evansville ifc Terre Haute.—This was ilie Evans¬
ville & Crawfoidsville.
Common stock is $1,020,307: preferred, $100,000.
Net earnings 1877-8,
$178,748. The company paid 2)4 per cent dividend
Nov., 1878. (V. 25, p. 45ft; V. 27, p. 53-.)
Evansville, Terre Haute it Chicago.—Gross earn¬
ings, 1876-7, $203,371; net, $70,923. (V'. 21, p. 1 3 6.)
.

Denver A Boulder
the Denver Pacific.

p.

1869
1869
1869
1852
1854
1860
1870
1873
„

....

Delaware.—Leased by Phila. Wilmington & Balti¬

Balance of earnings
Interest on bonds
Rentals for 1877

«...

1872
1868

Holly, Wayne A Monroe, 1st mort., sinking fund.
Florida Central— 1st mortgage, gold, coupon
more

....

1, 1880

July 1, 1895
July 20,137ft
March 1,1881.
Sept. 1, 1907*
June, 1892
March, 1885
April 15,188a
Nov. 1, 1900»
May 1, 189a
Nov. 1, 1900
Nov. 1, 1900
June 1, 1905
Jan. 1, 1907*
July 1, 1889
May 1, 188a
May 15, 1875
May 15, 1875
May 15, 1875
May 15, 1875
July 1, 1888
Nov. 15, 1878
Nov. 15, 1878
April 1, 1878
Feb. 15, IBS*
Jan. 1, 1878
Sept., 1 188ft

....

500
50
100 Ac.
100 Ac

92,300

Boston.
do

M. A S.
Boston ami London.
J. A J. Pliila., Girard Nat. B’k.
A. A O.J
do
do

3*2g.

1,000

1874

....

_

1860

570,000

J.
S.

July 2, 1878.
Jan.

•

1863

283
190

Bay City, E. Saginaw, 1st mort., guar by lessees.

190,000

13,200,000

Slocks—Last
Dividend.

Whom.

'

M. A
T. A

283

Consolidated mortgage, sinking fund
1st mort., land grant, 3d series
Flint A Holly RR. (sink’g fund $25,000 per year).

190,000
4,997,600
194,400

5
2*3
3*2

....

...

147,000

500,000

....

51
109
23
55
55
189

3,019,000
862,400

500,000
500,000

1862
1865
1868

56
58
49

1,968,274

Where Payable, and by

.

6 g.
7
7
8
7
7
10
2L>
7
7
7
7
7 g.
7
7
7
3
7
3
7
6
6
4
J. A
3
M. A
6

50
50

....

81^
8112

6 A 7

100

....

100
81 kj

convertible into consolid. mort...

100 Ac.
100 Ac.

....

75

.

g.

g-

6
6

75
75

Erie d) Pittsburg—Stock

...

...

g.
g.

400,000
200,000

47
Elmira A Williamsport—Stock common
Preferred stock
1st mortgage bonds
Income bonds, 999 years to run

—

Bonds—Princi¬

pal, When Due,

A J
Dover, Co.’s Office.
A J Phila.,Girard Nat. Ban!
A J Phil., Fid’lity I.T. A.S.Cc
*
New York, Office.
Q.-J.
M. A S
do
do
M. A S
do
do
J. A D
do
do
M. A S
do
do
A. A O
do
do
M. A N N.Y., Loud. A Fraukft.
M. A N N. Y.t Bk. of Commerce.
M. A N N. Y., Rutten A Bonn.
M. A N
do
do
J. A J
Now York.
J. A J
Boston, Co.’s office.
J. A J
do
do
M. A N.
do
do M. A N. N.Y.,M.K.Jesup,P.A Co.
M. A N.
do
do
J. A J.
do
do
M. A N.
do
do
J. A J.
New York A Detroit.
M. A N.
New York A London.
M. A N. N.Y.,M.K.Jesup,P. A Co.
A. A 0.
do
do
F. A A.
do
do
J. A J.
do
do
M. A S.
do
do
Various
Detroit office.
A. A O. N.Y.,M.K.Jesup,P.A Co.
J. A J.
do
do
J. A J.
do
do
J. A J. N.Y.,M.K. Jesup.P.A Co.
A. A 0.
do
do
J. A I>. N.Y., N Y. Cent. A Hud.
A. A 0.
do
do
A. A O.
do
do
J. A J. Philadelp a, Co.’s Office.
J. A J
Phila., by P. A R. RR.
M. A S.
Phila,, P. A R. office.
A. A O. N. Y., R. T. Wilson A Co.
J. A J. N. Y., Gallatin Nat’lB’k
J. A J. N. Y., R. T. Wilson A Co.
M. A N.
do
do
J.
J.
J.

2^
7
7
7
7
7
7
7
7
7
6
7
8
8
7
8
7
7

150,000
250,000
100,000
110,000
103,266
5,000,000
296,000

586,000
81,500
450,000
2,000,000
1,000,000

1,000

3
6
6

-

2,350,000
6,382,500
1,040,000
1,200,000
1,897,000
770,000
81,000
2,500,000
1,000,000
628,525
377,115

1,702,519

1,000

?

209,000
550,000

100 Ac.
500 Ac.

1,000
1,000
1,000

Rate pei r When
Cent.
Payabh

,

100,000
650,000
26,200,000
1,633,000
1,495,000
600,000
370,900

1,000
250 Ac.
500 Ac.
Various
Various
500 Ac.

1870
50-’56
1856

112

...

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

1853
1853
1851
1854
1853
1866

....

.

Dubuque A Sioux Ciii/—Stock
1st mortgage, 1st division
1st mortgage, 2d division (for $1,400,000).
Dubuque Southwestern—1st mort., pref., sink
1st mortgage, Oct. 1,1863

1st mortgage
Fast Tennessee, Virginia A Georgia—Stock
1st mortgage sinking fund bonds
East Term. A Georgia ($92,000 are endorsed)
East Tennessee and Virginia (endorsed)
2d mortgage to U. S. Government
Eastern (Mass.)—Stock

.

....

•

2d mortgage...:
3d mortgage
East Broad Top.—1st mortgage,
East Pennsylvania—Stock

.

....

JLvxfc./,

2d mortgage, (Detroit A Pontiac RR.),
Bonds of Sept. 1, 1800, (Limit $300,01
000).

182
59
59

.

1,000
100 Ac.
100 Ac.'

1858
1870
1869
1870
1870
1874
1877
1869
1870
1855
1856
1860

43

Des Moines A Fort

50
500 Ac.

1856
1877
1872
1859

60
25
22
106
291

‘2d mortgage.

Pacific—1st mortgage, gold, land grant..
Denver A Rio Grande—1st mort., gold, sink. fd...
Arkansas Valley, 1st mortgage

1,000

105

..

Bonds (convertible June 1, 1S75 to ’77).

1859
1875

discovered in tliese Table*.

any error

INTEREST OR DIVIDENDS.
Amount

Par
Value.

85

Extension mortgage
Mortgage bonds, convertible, guar. P. W. A B.

or

xix

Eist Broad Top.—Mainly a coal road, carrying
bituminous coal. On line of road are Rockliill Iron
& Coal Company's furnaces (2), with a capacity of

20,000 tons pig iron annually.
East Pennsylvania— Leased to Philadelphia &
Reading. Dividends are 6 per cent per annum.

East

Tennessee

Virginia A Georgia. — Leases
Memphis & Charleston Railroad for its own account
aud risk, paying over net earnings. Gross earn¬
ings year ending June 30, 1878 were $1,022,651; ex¬
penses, $613,641, and net earnings, $409,608. (V.
25,p. 400.)
Eastern

(Mass.).— Company embarrassed

1875.

A general mortgage was made to fund the old issues
of debt, bearing 3^4 per cent fur three years, 4 per
cent for three years, and 6 for balance of term. In
1877-78 net income was $629,792. The Eastern in
N. II., a separate corporation, is leased. (V. 26,

p. 548;

V. 27,

p.

15, 251, 356, 382, 537, 626.)

Fitchburg.—Leases Vt.& Mass. Net income, 1877-8,
(V. 26, p. 94,

above rental and Interest. $347,620.
117, 391, 548; V. 27, p. 567.)

Flint A Pere Marquette.—Gross earnings 1677,
$997,965; net earnings, $416,679, against $366,074 in
1876. The lands are in five trusts: sales iu 1877, 8,508
acres, for $95,984; total net sales to Jan. 1, 1878,
275,722 acres, for $2,277,436; lands yet unsold,
235,779 acres.
Coupons on consol, bonds pissed
Nov., 1875, and part were funded. (V. 24, p. tf97 ;

V. 26, p. 417, 548.)
Florida Central.—From

Jacksonville

City. Bonds authorized, $599,OlXh
1S77-S, $156,458.

Gross

to
e

Lake

.ruing b

XX

RAILROAD STOCKS AND BONDS.

Subscribers will confer

a

great favor by

giving immediate

DESCRIPTION.
For explanation of column
headings, Ac., see notes
at the head of first
page of tables.

Fonda, Johnstown

d

Miles

Date

of

of

10

1870

58

100
100
109
109

1869
1870
1872
1873
1869
1871
1869
1871

26

1871

215
50

1873
1872
1870

Shored Cent.—lstmort. (FI. AN.
8.)
2d mortgage (FI. A N.
8.).

Central of L. I., 1st
mortgage
do
do
Extension 1st mortgage
Fori Wayne, Jackson &
Saginaw—1st mort., coup...
2d mort. and

.

....

equipment bonds, coupon
Fori Wayne, Muncie &
Cincinnati—1st mort.,gold...
2d mortgage
Framingham & JjOiccll—1st mortgage bonds
GcdrestonfHarrisb.d S.Antonio—1st mort,
gold, l.gr.
'Galveston, Houston & Haul, of 1871—1st
mort
Geneva, Ithaca & Sayre—1st mort., s. f.,
Georgia Railroad d Banking Co.—Stock gold

35

232

Bonds,

not mortgage
do
do
Grand Rapids d
Indiana—Stock
1st mort., land
grant, gold (guar, by Pa. RRj...
1st mort., gold,
($2,109,000 are land grant)
Income mortgage bonds, for
$10,000,000
Grand Trunk
(Canada)—Consolidated stock
New stock for £10,000,000
Debenture stock for £8,000,000
(act of
do

-

do

rolling stock

350
350
145

i

stock

...

;

-

!

(coupon,but may bereg’d)...

7'g.

J. A J. N.
A. A O.
M. A S.

7 g.
7

Dividend.

.

July 1, 1900
May 1, 18$9
Mar. 1,

1910

July 1, 1902
July 1, 1890
July 15, 1878
yearly to 1890
July 1, 1897

Y., Winslow, L. & Co.
do
do

1902

May 1, 1903
July 1, 1889
Oct., 1891
Oct., 1889
April, 1896
April 1, 1891

1899
1899
1906

do
do

-

-

-

do
do
do
Funded interest bonds,
coupon
^

Equipment bonds, registered

1853-7
1870
1878

1.000

1,000
1,000
1,900

‘500
500

1,000

Fonda, Johnstown d: Glovers
ville.—Net

875-6, $36,161.
Flushing, North

20
20

earnings

Shore & Central.—Now
leased to
JL I. RR. There are. in
addition to above, <125.A O
N. Y. & Flushiijg RR.
7s;
and £93,000 Whitestone & $149,uOO North Shore 7s;
Westchester 7s.
Com-

25, p. 334, 432;

Wayrx, Jackson <£

tee 40 per c-nt from Mich. Saginaw.—Traffic guaran¬
Cent. Interest was
paid in
187 T of S65.000,
coupon due Jan., 1817, on l*t mortand $5,000 as tl»i d
payment of $10 on 2d mort.
coupon of October. U75.
Gross
.

earnings, 1877.
(V. 26, p. 264; V. 27.
p.

Fort Wayne, Mancie
& Cincinnati.— Receiver
appointed November, 1874. (V. 23,
p. 390.)

Framingham <£• Lowell. - Leased to Boston, Clin¬
ton & Fitchburg; has also
£250,000 8 per cent notes
due in ls.82-3. (V. 26,
p. 160.)
Galveston, Harrisburg & San Antonio.
Gross
earnings R77, $1 052,568; expenses,
£360,204; net
earning;-. .;69.\3G3. A sinking fund of
1 per cent
begins in IdbO. The company has 16
sections of
land per mile.
(V.26, p. 3 66.)
Galveston, Houston & Henderson.—Net
earnings
1877. $178,08 >. (V. 24, p,
135, 181.)
Geneva, Ithaca & Sayre.—Sold
Sept. 2,
re-organized, tins mort. being the old I. A 1676, and
A. mort.
<See V. 23, p. 256, 304, 451;
V;24, p. 110.)
Georgia Railroad <&
Company —The an¬
nual report for the lastBanking
fiscal year,
April 1,
1878, was published in V. 26, p. 468. ending
A comparative
statement for three years was as
follows:
—

1876-7.

1877-8.

Tot. gr. earng’s...
$1,194,324 $1,143,128 $1,013,712
611.677
643,110
72r,~0)
Net earnings
552,646
5C0,017
286,012
In May, 1875. this
company, with the Central Ga.,ourchased at. foreclosure c*le the
Western RR. of Ala.
For Montgomery & West
Point 8 per cents this

Too

1«64
1875
1874
1875
1877
1869
1870
1872

£200
£200
S.o()0

1,000

1,000
1,000
1,000
50
100
500 Ac.

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

1862

1,000
1,000

1867

company offers sixes.

25, p. 90; V.26, p. 468.)

8

3bj
6

*2*

150,000
125,000

6,227,000
2,305,000
940,000
3,292,000
1,359,500
416,000
367,500
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

5,587,150

-

-

5 g.
6
7 g8
7 g.

1,600,000
2,800,000
1,767,000

446,300
353,000

499,000
1,497,000

(V. 24, p.

7
7
7
7
10
7
7

466,468, 495; V.

'(V. 24, p. 5Hi; V. 25, p. 334; V. 26,
95, 192, 239. 4 4 3, 549, 625.)
Grand Trunk (Canada).—The
pounds sterling.

above figures repre¬

Net earnings in half year
1878, £213,750. Interest, rentals, &c.,
£212,541. (V. 26, p. 265,
443; V. 27, p. 95, 148, 382,
408,460.)
1.

Great

Western (Canada).— The above
figures are
given in pounds
sterling. For the half year ending
July 31, 1878, the gross
receipts were
working expenses, £281,998: net earnings.£377,485;
£90,387.
(V. 26, p *05, 4 4 3 574; V.
27, p. 94, 383,' 513.)
Greenville cfe Columbia.— This
company defaulted
but compromised with
its bondholders. Net earn¬
ing- 1877, $180,614. (V. 22, p.
110; V. 26, p. 547;
V. 27, p. 227.)
Hannibal, & St. Joseph.—The
company has about
*2,5(>o,i 00 in land notes, and about
100,000 acres yet
,

unsold.

$795,4:8.

In 1871
gross earninrs were

Interest charge,

$1,931,365; net,

$660,000.
The bonds
secured on land notes
have a sinking fund of
$25,OOo
per year.
(V. 25, p. 162, 186,
237, 381, 407. 432, 592;
V. 26, p. 212.
390, 625; V.

27, p. 279, 487, 603.)
3ft. Joy & Lancaster.—Leased
UR which owns a
majority of the stock.
Housatonic.—Leases Berkshire
Railroad, Stockbridge & Pittsfield, and West
Stockbridge. Gross
earnings in 1876-7 were
$589,407; net, $154,630. (V.
21, p. 232; V. 24, p.
274.)
Houston East & West
Texas.—In progress, Hous¬
ton to Shrevei
ort, 225 miles. Narrow
gauge; bonds
$7,000 per mile.

Harrisourg Portsm.

to Penn

,

A J.
A J.

Phila., Co.’s Office.

do
Farm. L. A T. Co.

do

.

.

do

do

do

Bridgeport A

Boston.

Bridgeport and Boston.
do

do

_

M. A N.
New York.
3. A J. N. Y., Nat’l.
City Bank.
J. A J.
do
do
J. A J.
do
do
A. A 0. N. Y., J. J. Cisco
A Son.
A. & O.
F. A A.
A. A O.

Philadelphia,
do
do
do

....

F. A A.

N.

Office.

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

N.

Jan. 1,1888

Jan.,
Jan.,
Jan. 1,
July 1,

1892
1886

1879
1883

Oct. 15. 1878
1885
1889
1883

1893

July 1, 1891

July 1, 1891

July 1, 1903
Oct.

1, 1912

Oct.
Feb.

1, 1890
1, 1895
April 1, 1895

do
do
do

Y., Co.’s Office.

Sept, 2. 1878

A. A 0.
N. Y., Co.’s Office.
A. A O.
London.
A. A O. London,Morton
R.A Co.
J. A D.
do
do

J.
A.
J.
J.

1884-1867
Mar., 1885

'

April 1, 1890

April 1, 1895
April 1, 1903

Dec.' 1, 1905
Jan. 1, 1898

Y., Co.’s Office.
New York.

Oct., 1909
Oct,, 1890

do
do

1912

1,419,400

by the
same
mortgage as the
Since Dec., 1875, 1st guaranteed on the land grant.
mortgage bonds redeemed by
sinking fund are rep’aced
by income bonds issued
to Coniine tal
Improvement Co. The Penn, rail¬
road virtually
buys the coupons paid by it, and
holds them

ending Julv

Y.,
Y., B’k. No. America.

do

....

.

Aug., 1870

J. N. Y.. B’k. No. America.

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

F. A A.

6
7
7 g.
7 g.
7 g.
7 g8
7
7 g.
7 g.
7
6 & 7
3
6
6 g.
5 g.

Grand

sent

A

Q.-j.

7

Rapids
&
Indiana.—Gross earnings
1877, $l,O.T7,lb7; net,
$348,745, against $316,597 in
1876
Unguaranteed bonds are secured

p.

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

10

1,180,000

1,000

1854
1857
1865

1875
1858
1867
1869
1873
1873

6

100,000
300,000

1869
1873
1878
1866
1870
1873
1872

....

820,000

100

-

—

8
7

700,000

■

A. A O.
London, at Co.’s Office.
April, 1877
J. A J.
do
do
Jan., 1920
F. A A.
do
do
Perpetual.
J. A J.
do
do
Irredeemable.
J. A J.
do
do
Irredeemable.
J. A J.
do
do
Irredeemable.
A. A O.
London A Montreal.
April, 1878
A. A 0.
do
do
April, 1878
J. A J. London Joint
Stock B’k.
Perpetual.
J. A D.
do
do
Dec., 1890
do
do
Oct., 1880-82
Columbia, Co.’s Office. 1881 to 1886
do
do

*7*

1,182,550

ioo

112
202
202
217
184
184
90
151
179

ext. to

.

.

....

....

9.168,700
5.083,024
3,000,000
4,000,000
456,000
500,000
1,200,000

50
1853

7

632,237

1,000
.

2*2
5
6
7

1,000,000
500,000
1,413,071

•

.

...

($1,000,000 due ’77

•

1,000

1867

....

Cin. A Ind., 1st
mortgage

*

100

707

Ind., Bloom.. A W.,
Extension, 1st mort., gold
Indianapolis, Cincinnati d Lafayette—Stock...
Preferred stock (issued for
funded debt bonds)...
Indianapolis A Cincinnati of 1858, 1st mort..
Indianapolis, Cincinnati A Lafayette

505,753

ibo

-

....

6*g

6 g.
Various.
5 g
5 g
4 g.
5-16

2,165,830

....

....

-

'

500,000
1,200,000
3.218,149
2,327,808
7,166,910
£6,037,991

1876

401

1st and 2d series

mortgage




6

£3,486,787
7,500,000
2,560,000
3,111,500

Various

...

58
58

onCh.ASp.RR.

OperaCg expenses.

Whom.

-

*

3,524,000
516,000

ii'oo

....

'*58

Mortgage bonds, sterling
Sterling bonds, (sinking fund £20,000
yearly)
Mortgage, sterling.
I C. bonds,
coup. ($2.000,OOjO) M.

riyi6,embarrassed,
Sept., 1877. (V.
p 469.)

£*20*2

1871-2
1877

50
343
118
47

indemnity

1675-6.

7

399,000
2,800,000
4,000,000

1,000
1,000
1,000

’58-’78

....

bonds
Huntingdon d Broad Top—1st mort.,
gold
2d mortgage, gold
3d mortgage ,consolidated
Scrip for past due coupons
Illinois Central—Stock

*

1,000

£25

3

522,500

•

£100

....

..

$254,321; net, $109,669.

4,200,000

500

£100

7 g.
7 g.

600,000

500,000

15
53
54
54
120
120
74

City A Cam. RR.)
Ml. Joy d Lane.—Stock

Honsf. Hast d West Texas— 1st
mortgage, gold
Houston d Texas Cent.—1st
M., (main) gold, l.gr.,s.f.
1st mort., West div.
(Hempstead
to Austin)
1st M., gold.Waco A
N’west (Bremond to
Waco)
Consol, mort., 1. gr.

331.1

•

...

143
29 6

2d mort. bonds of
1869
Equipment bonds of 1873

Fort

•

4,200,000
1,493,000

100 Ac.
100

Bonds—Princi
>al, When Due.
Payable, and by Stocks—Last

J. & J. N. Y., St. Nich. Nat, B’k.
M. & N. N.Y., Chatham Nat. Bk.
M. A N.
do
*
do
M. & S.
do
do
M. & N.
do
do
J. & J. N.Y., Farm’s.
L.AT.Co.
A. A O.
do
do
A. & 0.
Boston, Office.
A. & 0.
do
A. & 0.
Boston.
F. & A.
Bost. A London.
J. & J. N. Y.,F. P. James A
Co.
J. A J. N. Y.,
Metrop. Nat. B’k.
J. A J.
Augusta,Ga., RR. Bank.
J. A J.
do
do
J. A J.
do
do

8
7 g.
8
7
6 g.

500,000
500,000

■

1873
1875

....

Preferred st ock
1st mortgage

2d M., guar.

.

500,000

1,000
1,000

1869
1869
1875

il3

-.

.

Hoasutonic—Stock

do

1,800,000

1,000

49534

1st mortgage (Kansas

2d

1,000

500 Ac.
500 Ac.

....

secured by $2,500,000 I’d
notes
1st mortgage
(Quincy A Palmyra RR)

.

8

800,000
400,000
1,000.000

1,000

....

Bonds,

Redemption,

200,000

1,500,000

500 Ac.

....

Bonds 1870, convertible

Income and

1,000

7
7
7
7
7

do

Joseph— Common

mortgage

a

Rate per When Where
Cent.
Payable

$300,000

....

Missouri State loan

1st

$100Ac.

1877

....

$2,500,000)

Harrisb., FortsnTth,

•

INTEREST OR DIVIDENDS.

Amount

Value.

...

1,390

due76, ’77, ’78.
Columbia— 1st
mort.,guar.by State

d St.

•

notice of any error
discovered in tliese Tables.

'

on all

2d

IS&OBds not guaranteed
ISlevv mortgage (for

Hannibal

a

-

332
332
332
332

New bonds, coupon
Short bonds exchanged for
bonds
d

-

....

'Postal bonds, Ac-., secured
by gov’t business
1st preft bonds, conv. into
1st pref. stock
2d
do
do
2d
do
3d
do
conv
Great Western
(Canada)—Common stock

Greenville

-

1874)

Canadian debentures

Equipment mort., 1st

or
Par

Road. Bonds

Glovcrsvillc—1st mortgage

Flushing, North

Size,

[VOL. XXVII.

A.- A
F. A
J. A
M. A
M. A
J. A
»J. A

0. N. Y., Amer. Ex; Bank.
A.
do
do
D.
do
do
S.
do
do
S.
do
do
D.
do
do
J. New York
andJ£Boston.

Houston
months

Texas Central.— Gross

ending Feb., 1878,

April, 1888
Feb., 1897
June, 1899
Sept. ’78,'’ 80283
Sept. 1, 1883
Dec., 1892

Jan.’82,’87,’9 2
earnings for ten

were

$2,359,412; net,
5,240,000 acres land
against first and consol, mortgages, and
other lands
and lots against income
bonds. (V. 25, p.
357; V.
26, p. 40, 290, 334.)
Huntingdon & Broad Top. - Capital stock is
$2,052,800. Gross earnings in 1876 were
$270,441; net,
$143,815. Interest passed on 3d
mortgage bonds.
(V. 22, p. 206; V. 24, p. 369.)
Illinois Central.—The
general mortg. of 1874 pro¬
vides for all bonds
outstanding. It is
$15,000,000. The Company has become limited to
interested in
the purchase of the N.O.
Jack. & Gt. North on
closure, and has a similar interest in the Miss fore¬
Cent.,
sold under
consol.mortgage. In July, 1877, took the
Chic.. & Spring, under
lease, and issued the bonds
$937,797.

Company

owns

secured on that road.
Annual report for
p. 164) gives causes for decrease in

pects, Ac.

Following is
Gross

Year.
1877
1876

Earnings.

$6,639,845

a

1877(V. 26,
earnings, pros¬

comparison for four
Net

Earnings.

years:

Interest,
Ac.

$2,546,561
$582,990
7,040.969
2,144,776
616,792
1875
7,802,556
2 670,081
661,098
1874
7,900,721
2,775,362
413,610
(V. 24, p. Ill, 13 4, 158, 368,
444, 518; V. 25, p. 432,
458; V. 26, p. 164, 548,574.)

Indianapolis, Bloomington & Western—Default was
July, 1874, and foreclosure took
place
Oct. 30, 1878. Receiver’s
first made

siderable

a

certificates issued to con¬
The Danville,
Urbana, Bloom¬
is part of this road.
Net earnings

nount.

ington & Pekin
of main line in

'.816-7, $349,567. Weetern extension
operations. $45,106. (V. 26, p. 67,
190,
420, 470, 5-18; V. 27, p. 41, 148,
172, 199, 223, 357, 383,
435, 461. 486.) .'
Indianajjolis, Cincinnati & Lafayette.—The com¬
pany defaulted July, 1876, and Mr.
Ingalls, President,
wan
appointed receiver.
Gross
deficit

on

earnings 1877-8,

$1,309,0-^7; expenses, $814,697; net earnings,
$494,383. (V. 25. p. 182.
380; V. 28, p. 265, 625; V. 27,
p. 172, 303, 3 5 4, 383.)

December 28, 1878.

RAILROAD STOCKS AND BONDS.

|

Subscribers will confer

a

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

DESCRIPTION.
For

Miles

of
explanation of column headings, &c., see notes
at the head of first page of tables.
Road.

Indian'polis Dec. d Spr.— 1st M., gld (for $1,800,000)

'*71

Indianapolis d SI Louis—1st mort., in 3 series
2d mortgage....

71

Equipment bonds

guar.

ii7

International d Great Northern—Consol, stock..

117
519
204

Indianapolis d Vincennes— 1st mortgage,
2d mortgage, guaranteed
International, 1st mortgage, gold

1st mortgage, gold..

Funded coupon bonds
Iowa Falls d Sioux City—Stock
1st mortgage, April 1, '69

Jacksonv., Pens. dMob—Florida State bonds, gold.
-Jefferson (Pa.)—1st & 2d morts. (Hawley Branch)
1st mortgage (Susquehanna to Carbondale)
Jeffersonville, Madison d Indianapolis—Stock
Indianapolis & Madison, 1st mortgage
Jeff., Mad. & Ind., 1st M. (s. f. $15,000 per year)
...

do

do
2d mortgage
Joliet d Northern Indiana—1st mort., guar by M. C

Junction, Philadelphia—1st mortgage..
2d

Value.

6
6
9
9

$1,000
1,000
1,000

1st mort., coup., (Leavenworth Branch)
Income bonds, coupon, 3d mortgage on 427 miles
1st land b’ds, cp, or reg., gold, on 2,000,000 acres
2d land mort.,
do
do
do

Consol, funding mortgage
June. C. & Fort K., 1st mort., gold, land gr., guar

Kentucky Central—2d mortgage
3d mortgage

KeokukdDes Moines—1st M., guar.,(for
Knox d Lincoln— 1st mortgage.

$2,750,000)

t
8

184
250
9
38
226
86
159
159
44

)
)

do
do
do
do
Det. Monroe & Tol., 1st mort., coup., guar
Kalamazoo & White Pigeon, 1st mortgage
Schoolcraft & Three River. 1st mortgage
Kalamazoo & Schoolcraft, 1st mortgage

100
500 &c

1,000
1,000

4,625,000
2,960,000
4,000,000
300,000
2,000,000
2,000,000
397,000
2,409,000
2,000,000
800,000
500,000
300,000

100

£.789,413

1,000

500,000
4,493,428
2,488,000

1,000
100
500 &c.

1,000
1,000
1,000

100
100

1878

lOO&e.

49

S9-’7S2

82
37

1871
1871

864
864

864

62

37
12
13

58

1873

*51

1,000
1,000
1,000

1,000

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

888,000
5,256,000
1,000,000
1,000,000
1,393,000
1,595,000
849,000
200,000
300,000

500 Ac.

2,844,000

1,000

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

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

145
32

Southern Kansas, 1st mort., guar

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

10

1872

Lehigh d Lackawanna—1st. mortgage

15

1867

Leaven., Late, d Galv.—1st mort., l.gr. ,s.f.,
Kansas C. & Santa Fe, 1st mort., guar

Indianapolis, Decatur & Springfield—This

conv....

em¬

braces the former Indiana & Illinois Central. The
second mortgage is issued to holders of old I.& I.O.

9,206,000

3,294,000

1865
1870
1869
1870

22
17
21

7,925,000

1,000

1,000
1,000

51

j

50

....

300,000

International & Great Northern (Texas).—A. con¬
solidation of the International and the Houston &
Great. Northern.
Coupons funded in 1873 and
bo&dk issued for $2 787,6-0.
Receiver appointed

Apr., 1878, and

new

plan of re-organization made,

as

Chronicle, V. 27, p. 95,331. Net earnings, 1877,
$466,248. Land grant about 5,100,COO acres. (V. 26,
p. 342, 547; V. 27, p 95, 331.)
per

do
do

Jan.

1, 1900
Feb., 1904
Feb. 1, 1904

gV

F. & A. N.
J. & D.

Y., Bk of Commerce

Payable

by transportation.

6S7
7
7
7
7
10
7
7
7
5
6
7

£•

j

i

|

Sept. 2, 1878
April 1, 1899

&
&
&
&

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

N.
N.
8.
J.
S.
O.
O.
S.
D.
O

Boston, at Office,
do
do

do
do

do

do

1900
1887 & 1889
Jan.

1, 1889

Nov., 1878

May 1, 1881

1, 1880
1, 1907
1, 1907

Aug. 1, 1895
June 1, 1896
1895 to ’97

N. Y., Bond. & Frankf't
N. Y., Bk of Commerce
do
do
N. Y., Lond. & Frankf’t
New York,
do
New York.
N. Y., Bank of America
do
do
New York Office.

1, 1896
July 1, 1916
July 1, 1880
Sept., 1886
Oot., 1879
April 1, 1903
March, 1883
June, 1885
Oct. 1, 1923

May 1, 1899
Jan

Various

Bath, First Nat. Bank.

1880-1902

^

F. & A.

New York.

V

& A.
F. & A.

N.Y.,Grand Cent.Office

Aug., 1901
Aug., 1901
Feb. 1, 1879

5
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7

8
8
8
3
7
7

2^
7
7
10
10
8

7

firsts, and till July, 1881, Interest is payable out of on stock. Lease guaranteed by Penna. Railroad.
Stock is $500,000. In 1877, gross earnings were $1,177,976; net earn¬
net, $17,709. (V. ings, $499,033. (V. 26, p. 192.)
25, p. 511 ;V. 27, p. 251.)
Joliet & Northern Indiana.—This 7 percent bond,
IndianapdU & St. Louis.—Of the 1st mortgage guaranteed by Michigan Central, issued in place of
bonds selies “A” are J. & J.; series “B,” M. & S.; old 8 per cents. (V. 22, p. £67; V. 24, p. 445; V. 25,
series “ C,” M. & N,. The stock, $600,000, is owned p. 592; V. 26, p. 40.)
by Pennsylvania Co. and Cl. Col. Cin. & Ind. Be¬
Junction (Phil.)—Owned by connecting companies.
longs to Penn, system, and leases the St. Louis A. Cost of road
$898,321; paid-up stock, $185,000.
& T. H.
In 1876-7* net earnings were $191,432.
(V. 86, p. 95, 614, 654; V. 27, p. 41, 409, 454, 603.)
Kansas
St.
,

do

6

Jeffersonville, Madison & Indianapolis.—Leased
Jan. 1, 1873, to Pennsylvania Company for interest
and sinking fund of bonds, and 7 per ceDt. a year

City,

do

do
do

Jan.
Jan.
Jan.

7

net earnings only, if sufficient.
Gross earnings, L76-7, $101,105;

Indianapolis & Vincennes.—Is controlled by Penn.
Co through stock ownership, and interest is guar¬
anteed by Penn. Railroad.
Net earnings in 1875
were $32,708.
(V. 20,p. 426.)

Y., National City B’k April 1, 1911

J. & ‘ J.
J. & J.
A. & O.

7*

[

1908
1900

Oct. 1, 1906
July 1, 1910
July 10,1907
July 1, 1882
April 1, 1900

7
7
7
7
6
6

1,300,000
666,000
49,466,500
533,500

1, 1906

Boston. '
O. N. Y., Nat. Park Bank,
J.
New York.
J. Honesdale Nat. Bank.
J. N. Y., by Erie Railroad.
Q.—F. N. Y„ Farm. L. & T. Co.
M. & N.
do
do
A. & O.
do
do
J. & J.
do
do
J. & J. N. Y., Farm. L. & T. Co.
J. & J.
Philadelphia Office,
A. ^ O.
do
do

1%

(?)

Jan.

July 1, 1906
July 1, 1919
Oct, 1, 1900
July 1, 1881

Q.-M.

A.
J.
J.
J.

7
8
7
7

237,000

1,000
1,000

1863
1869

do
do
2d mortgage
Lawrence—Stock
1st mortgage
Leavenworth Atch. d N. W.—1st mort., guar

l'

1,500,000
1,500,000
600,000
844,000

Stocks—Last
Dividend.

Whom.

A. & O. N.

8

4,275,350
1,578,000

Where Payable and by

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

ie

2,395,000

do

stock; 6 per ct. guar.
Jamestown & Franklin, 1st mortgage

Tg

4,063,000
6,303,000
6,380,000
600,000

100
100

1870
1870
1873
1872
1869
1855
1859
1867
1869
1855
1866
1862
1866
1868
1876
1869
1867
1867
1868

7
7
8
7
6

9,689,950
2,240,000

1865
1,000
1866
1,000
1865- 7
1869
1,000
1866
1,000
1866
50 &c.
1870 250 &c.
1871
1,000

1,000
1,000
1,000

Kalamazoo, Allegan & Gr. Rapids, 1st mortgage
do

4,084,000
2,052,000
2,907,000
2,787,620

1853
1855

864
451
95
95
258
162
162
88
88
88

mortgage
do
Buffalo
Erie, mortgage bonds

1,000
1,000
1,000

33 ±2
99
99
162

Mortgage bonds of Oct., 1869, sinking fund
1st mortgage, sinking fund, M. S. & N. I
2d mortgage (C., P. & A. RR.) registered bonds..

2d

1,000

1876

1181

do

.

When

Pay’ble

pal, When Due.

A. & O. New York, Co.’s Office
J. & J.
do
do
Various N. Y., Union Trust Co.
A. & O.
do
do
J. & J.
do
do
F. & A. N. Y., Farm. L. & T. Co.
M. & N.
do
do

?S

917,000
500,000
1,700,000
1,450,000
5,500,000
3,264,000

100 Ac.

427

Lake Shored Michigan Southern—Stock
Guaranteed 10 per cent stock
Consol. 1st mort., (sink, fund, 1 per cent) coupon
do
do
do
registered
2d mortgage, do. (for $25,000,000) coup, and reg.
Income bonds, coupon or registered.

Lake shore dividend bonds, April, 1869
1st mortgage (C. & Tol. RR.) sinking fund

$38,000

1,000

1877

Rate per
Cent.

2,667,000
2,000,000

....

L
2
t

255

673
140
253
394
245
34

Lafayette Bloomington d Miss.—1st mortgage
Lafayette Muncic d Bloomington—1st mortgage...

'3d mortgage

Outstanding

1,000

274
52
274

Kansas Pacific—Stock
1st mort., gold, coup., on 140 miles west Mo. Riv
1st mort., gold, 140th to 393d mile.
2d mort (to U. S. Gov.) on 394m. west Mo. River
1st M., 394th to 639th mile, l’dgr., 3,000,000 ac’s

Amount

1,000
1,000
500 &c

Bonds—Princi¬

INTEREST OR DIVIDENDS.

oi

par

mortgage

Kansas City, St. Jo. & C. Bl., mortgage
do
do
income bonds, reg..

*

de

4*2

Kansas City, St. Joseph d Council Bluffs—Stock....
1st mortgage, Council Bluffs & St Joseph

.

Size

I

255
204

Houston & Gt. Northern 2d mortgage

e

of

85

2d mort., (income bonds only till July, 1881)

Houston & Great Northern,
International 2d mortgage

xxi

F. «fc A
& J.

in 1876, and outline of plan for issue of securitiesin V. 25, p. 62. (V. 22, p. 233, 495; V. 26, p. 399.)

Kansas Pac.—In 1877 gross ear’ngs were $3,284,734,
and net earnings $1,367,777, against $1,280,467 in 1876
and $1,572,880 in 1875. The land grant is in two
trusts, 2.000,000 acres in the first, from the 1st to the
380th mile, and 3,000,000 acres in the second, from
350th mile westward, (Denver Extension.) See 1st
page Supplement of Sept., 1878. The company

Feb. 1, 1879
July 1, 1900
July 1, 1900
Dec. 1, 1903
Oct. 1, 1882
Oct. 1, 1879
May 1, 1885
Jan. 1, 1880
Oct. 1, 1892
April 1, 1899
July 1, 1885
April 1, 1886
July 1, 1882
Sept. 1, 1886
April 1, 1898
Aug. 1, 1906
Jan. 1, 1890
July 1, 1887
July 1, 1887
July 1, 1888

do

Q.-J
& D.
A. & O
A. & O.
M. & N.
& J.
A. & O.
A. & O.
& J.
A. & O.
& J.
M. & S.
& O.
& A.
& J.
& JJ
& J.
<fc J.
& O.
& J.
J. & D.

a .g£

loS3
S&Sg
Sfip§
c3

a
g 2°
££.® ®
c3

^ fcJDS

PS

o

2 cj«-a

ca

gSf-s

o

Q.-J.

F.
A.
J.
M.

Oct. 1, 1878
Var. to July, '97
June 1, 1894

Pittsburg Office.

&
&
&
&

A. N. Y., Winslow, L. &Co.
O. N. Y., B’k of Commerce.
J. New York and Boston.
N.
Boston Office,
do
F. & A.

Jan., 1879

Aug.. 1895
1, 1889
July, 1899

Oct.

May, 1890
1892

Feb., 1897

lessee. Leased to Chic. Rk. I. & Pacific for 45 years
1878, on basis of 25 per cent of gross
earnings and a guarantee of new bonds at 5 per cent.
from Oct. 1,

(V. 26,

p.

470, 523, 546; V- 27, p. 357, 628.)

Knox & Lincoln.—In 1877 net earnings were $48,943. Interest is paid on bonds by cities and towns.
Annual report for 1876, V. 22, p. 304.

Lafayette Bloomington & Miss.—Formerly leased
(V. 23, p. 353; V. 24, p. 445,468,
518; V. 27, p. 146.)
to Tol. Wab. & W.

Lafayette Munc'e & Bloomington.— In hands of
(V. 24, p. 468, 518; V. 27; p. 146.)

receivers.

Joseph & Council Bluffs—The

above statement is made of the securities as issued
since re-organization. Annual report of operations

do

Lake

Shore

&

Michigan Southern.—The

brief

report for 1878. showed surplus income applicable
to dividends of $2,041,048.
See V. 27, p. 645. The
following shows a summary for.the years named:
*•
1875.
1876.
1877.
Miles.
1,175
1,176
1,176
Gross earnings..

Operat’g exp’es.
Net earnings....
Stock
Total debt

$14,434,198 $13,949,176 $13,505,158
10,531,500
9,574,835
8,963,965
3,902,697
4,374,341
4,541,193
50,000,000
50,000,000
50,000,000
37,774,000

37,524.000

<V. 23, p. 33, 254, 622; V. 24, p. 16, 418;
16, 63, 230, 5 1 0; V. 26, p. 442, 645; V.

37,274,000
V. 25, p.
27, p. 602,

quit claim deed, August 1, 1878, of all its
lauds, to S. J. Gilmore, subject only to the land
Iowa Falls
$ioux City — Leased to Illinois Cen¬ mortgages. Foreclosure pending under first mort¬
tral at 35 per cent, on earnings.
gage of 1869 (Denver extension).
(V. 26, p. 192,391,
Iron Mountain, Chester & Eastern,.—This was for¬ 420, 470, 548, 626, 653; V. 27, p. 16, 41, 95, 96, 121,
merly the Chester & Tamaroa. Bonds are in de¬ 136, 200, 228, 251, 253, 274, 275, 280, 357, 383, 435, 539.)
fault since 1873, and foreclosure sale ordered. (V.'
Kentucky Central.—This was formerly Covington
22, p. 614.) '
& Lexington.
The company purchased the MaysJacksonville, Pensacola & Mobile— This road is ville
Lexington road. In June, 1878, it paid a
mortgaged for a like amount of Florida State bonds, dividend of 3 per cent on preferred stock of $500,000
and is held by the State and noticed for sale April and 1 per cent on common stock of $4,500,000.
2,1877. (V. 22, p. 158;- V. 23, p. 63, 256, 576; V. 24, Gross earnings 1877-8 $648,342; net, $246,694. (V.
p. 40, 204; V. 23, p. 212.)
24, p. 495; V. 26, p. 6 73.)

Leavenworth, Lawrence & Galveston.—Defaulted
July, 1873. Sold in foreclosure Aug. 9*.
1878, for $760,000. (V. 26, p. 265, 420, 600; V. 27* p.
200.)

Jefferson.—Leased to the Erie Railway Company,
Which pays interest on the bonds. (V. 14, p. 628.)

New Jersey as a coal road.

,




gave

a

Keokuk & Des Moines.—The stock

pref. and $•?,600,400

com no:’—a

is $1,524,000
majority held by

645.)
Lawrence.—Leased to Pittsb.,
at 40 per cent on gross earnings.

F. Wayne & Chic,

Lease transferred
Pennsylv’a Company. Net earnings, 1875, $84,177.
8inking fund has $14,000 bonds. (V. 20, p. 425.)
to

Leavenworth Atch.& N. IF.—Operated
Pacific.

by Missouri

on interest

Lehigh & Lackctwanna.—Operated by Central of

xxu

BAILBOAD STOCKS AND

Subscribers will

confer

a

DESCRIPTION.

301

mortgage, registered
Consol. mort., gold, $ & £ (s. fd. 1
p.c. y’ly) cp. A reg.
Easton A Amboy, 1st
mortgage (for $10,000,000}
Delano Land Company bonds,
endorsed
Ltwisburg Centre d• Spruce Creek.—1st mortgage...

101
101

1868
1870

232
60

1873
1877

19

1853
1864

....

123
31
31
92

1877
1870
I860

500

4

1873

500

10

1871
1871
1851
1867
1877

175

737

392
392
130
83
12
20
77
77
39
43
26
355
355

Lawrence—Stock

Maine Central—fttock
1st mortgage, consolidated
Bonds ($i,100,000 loan) A. A. K.
RR.
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Leeds A Farmington Railroad loan
Androscoggin Railroad, Bath City loan
Portland A Kennebec, 1st mort.,
extended
do
do
consolidated mortgage..
Belfast & Moosehead, 1st
mortgage
Mansfield dt Framingham—1st
mortgage
Marietta dt Cincinnati—1st
mortgage, dollar
1st

100
100
100 Ac.

600.000

1,480,000
1,000,000
3,620,120
3,898,600
1,100,000

*

1872
1860-1
1870
1868
1871
1861
1863
100
1865
100
1870
500 Ac
1869
1861
1861
1866
1870
.

38

.

.

„

496,500
756,800

.

.

.

633,000

....

....

-

.

72

33
22
188
L88

'

-

425,000

-

217,300

1,106,700
150,000
300,000

....

„

.

.

2,450,000
1,050,000
2,500,000
3,000,000
4,000,000

.

.....

....

.....

M.,g. ($1,400,0001st

M.

91

in Tenn.)
M. (paid $50,000
yearly)
General mort., land grant,
(s. f. $10,000 after ’82)
Metropolitan (N. Y. City)—1st

Memphis dt Little Rk.—1st

on

in.

mortgage, $

mortgage;

or £

Michigan Central— stock

Consolidated mortgage (for
$10,000,000)
Michigan Air
are

chiefly
coal. The gross income from
all
•oorces, in 1870-7, was
17,100.218;
net
$3,037,396.
The Co.’s report gives no
general balance

sheet,
cost or value of its
miscellaneous invest¬
Of The E. &
Amboy
mort., $5,000,000 have
been issued to L. V.
Company. A
atatement for three years is as follows: comparative
nor the
ments.

♦Coal (tons) moved...

Gross earnings

expenses..

Net earnings
Capital stock

Funded debt

Floating
debt
♦

1874-5.

3,277,527

1875-6.

3,951.513

1876-7.
4.362.124

$6,046,495 $7,C49,G46 $6,468,036
3,262,861 3,642,750 3,162,822
$2,783,633 $3,206,a96 $3,325,214
27,092,297 27,228,920 27.228,855
22,129,000 24,186 000 24,301,000

480.298
635,813
Anthracite.
(V. 24, p. 110: V. 25, p.
263;
V. 86, p. 67, 340.)
LUile Miami.—This
company leases the Columbus
& Xenia, and both are leased
to

nati & St. Louis,
Pittsburg, Cincin¬
guaranteed by Penn.
lessees
awroming interest payment on bonds audKit.,
8 per cent
on etock.
Net earnings,
1876, iL. M. A C. & X.)
$226,555. (V. 20, p.427; V. 24. p.
420.)

Little Eockdt Fort
Smith.—Foreclosed Dec. 10,1874.
Bo-organized and stock issued for old bonds.
Net
receipts, 1876, #51,044; in 1577,
$114,126. (V. 25, p.
«; V. 26, p. 549.)
Little Schuylkill.— Leased and
operated

by Phila¬

delphia & Reading.

Dividends, 7 per c ut.
Logansport, Crawfor ductile <fe S. IK.
of lad.—De¬

of sale made.
The total liabilities.
1875, reported at $4,097,000, of which
cree

receiver’s certificates.

(V. 22, p.

.September
$322,000 were
63; V. 23, p. 428.)

Long Island.— Gross earnings, year
ending Sept.
30,1876, $1,134,756; net
earnings, $383,698 (including
leased lines from
May l); interest and rentals,
$876,331. Net earnings for three years
before, were:
1874-5, $213,501; 3873-4. $317,631;
1872-3, $365,333.
In Jan 18.6, a sale

of stock was made to
Mr.
penhueeo, and this road afterward
Popthe Flush¬
ing Ne. Shore & CentiaJ, and the leased
So. of L. I., and

m

d

m

....

.

.

.

i

,

1873

....

1866

....

....

30

1869

5*2;

1,000

750.090
.

!

109
1873
292 I
181
1854
272
1867
1877

1877
1877
1878
1878
.

.

.

.

----

1,200,000
500.000

....

50 i 1872
44 ! 1871
94 ! 1872

292
133
133
5
5

300,000
1,125,000

100

....

284 I 1872
103 1 1869

Line'mortgage

Lehigh Vcd.—This company’s earnings
from anthracite

9

800 1
284 !
284 i

1st mortgage,
convertible,
1st mortgage, convertible sinking fund
'.




370,000

1,000
1.000

.

4th mortgage
Bcioto & Hocking
Valley RR., 1st mortga ge
Balt. Short Linej stock,
8 p. c. guar by M.'A C...
do
do
1st mort., guar,
Cincinnati A Baltimore RR., stock by M. & C
do
do
1st mortgage
Marquette, E. & O— 1st mort., I’d gr.,
M. A O., coup.
1st mort.. I’d gr., H. A O.,
coup
2d mort., land
grant, M., H. A O., coup.
3d mort.,
do
do
do
Memphis dt Charleston—stock
1st mortgage, Ala. A Miss.
Div., convertible
2d mortgage

,

1,000
1,000

...

3d mortgage

Operating

200,000
600,000
400,000

1.000
1.000

1.910,000

2,000,000
840,000

1,000
1,000

706,000

25

5,312,725
1,260,000
1,000.600

1,000

1,951,000

1,000
250 Ac.

250,000

2,600,000

1,000

3,000,000

4,500,000
18,738,204

1,000

1,501,000

1,000

556,000

1,000

8,000,000

1,000

1.900,000

F. A A.
M. A N.
M. A N.
M. A N.
A. A 0.
M. A ft.

J.
J.
A.
F.
A.

A
A
A
A
A

6 g.

2*2
7
7
7 g.
7
5

7
7
7 g7

8
8
7
4
7
4
7
8
8
8
10
....

7
7
7 g.
10
4
6 g.
7
2
8
8
7
8

to Boston & Lowell.

(V 25, p. 113.)

Macon dt Augusta— Leased and
by the
Georgia Railroad, which guaranteesoperated
all the bonds
except $100,000 of first mortgage. Gross
earnings,
1677-8. $99,7m7; expenses,
$104,GC7. To be fore¬
closed. (V. 26. p.
468; V. 27, p. 252.)
Madison dt Portage.—Controlled
by Cbic. Mil. A
St. Paul.
Gross earnings, 1676,

$31,896.

459.)

(V. 24, p.

Mahoning Coal.—This coal road runs from An¬
dover. O to
Youngstown, O., and is leased to ttie
Like Shore & M. ft. for 25
yeare from May, 1873, at
4J per cent of gross
earnings.
,

Manchester dt La wrence —
operated with
the Concord RR. as one line.Formerly
Net

$100,458 against $100,435 in 1876-7. earnings 1877-8.
(V. 25, p. 39;
V. 27, p. 66.)
Maim Centred.—The total
earnings for the year 1877
were
$1,654,237; operating expenses.
net
earnings, $650,698— sufficient to pay$1,003,53s;
$603,519 for
interest and rents, and leave a
balance of $47,179
There were sola $1,011,000 of
consol, bonds in the
year to pay floating dubt. (V. 22,
p. 3
344; V. 25, p. 187; V. 26, p. 341.) 50; V. 24, p.

Mansfield dt Framingham.—Leased

Clinton A

Fitchbcrg,

to

do

1884

do
do
do

July, 1898
May, 1903
April, 1901
Sept., 1901
Jan., 1881
Jan., 1897

Drexel, Morgan A Co.

A.

1907

Louisville.

July,

1878

Q.-F.
J.
J.
A.
J.
M.

A
A
A
A
A

Philadelphia.

J. N.Y.,M.K.
Jesup.P.ACo.
J.
do
do
O.
New York.
J. N.York, Union Trust Co.
N. Manchester and Boston.

April, 1898
1, 1883
Dec., 1901
Aug., 1902
Apl. 2, 1878
Nov., 1878
Nov.

1887
1879

Oct., 1890
Jan., 1902
Nov. 1,

1878

....

7
6
6 g.
7
6
G
6
6
6 g.

Lvkens Valley— Leased to Summit
'Branch Rail¬
at
per annum.

do
do
do
do

5

3

-

$62,500

1873
1890

N.Y.,St. Nicholas N.Bk.

15, 1893

7

16, 335, 350, 433, 533; V. 27, p.
302.)
Louisville dt Nashville. In 1877-8
gross earnings
were $5,607,598, aud net
$2,344,242; surplus above
interest, $684,391. Nashv. & Dec. is leased, and
liabilities for the S. A N. Ala. are
assumed.
(V. 25,
p. 41, 332. 356; V. 26,
p. 142, 653; V. 27. p. 68,

road

do

A. A O. N. Y.,
Drexel, M. A Co.
M. A N.
New York.
J. A D.
London, Baring Bros.
F. A A.
do
do
A. A O.
Boston.

p.

357.)

July 1, 1895
Jan., 1879
Oct., 1882
Aug., 1900

Philadelphia Office.

7
7 g.

into Receiver's hands
October, 1877. (V. 23,
334, 432, 510; V. 26, p. 290. 392.)
Louisville, Cincinnati ds Lexington. — Sold in
foreclosure Oct. 1, ’77, for $731,000 to 2d mort.
bond¬
holders. subject to above liens. New co.
organized
with $2,100,000 stock. (V.
24, p. 170, 469, 565; V. 25,

p.

1894

Boston.

O. N. Y., Drexel, M. A Co. 1886 A
1887
Various
do
do
1886
M. A N.
Louisville.
Nov., 1880-’85
A. A 0.
do
Oct.

p. 112; V. 25, p.

(V. 20,

May, 1883

J. N. Y., Bank of America.
J.
do
do
0.

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

O.
A.

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

N.
J.
A.

Boston,

at 25 per cent of gross earn¬

....

Bost., Nat. B’kCom’rce.
Bost., N. Bk. Commerce
do
do

April 1, 1912
1890 to 1891

do
do

Oct,, 1900

Portland.
Bost., Nat. B’k Conrree

Portland, Me.
Bost., Nat. B’k Com’rce.

uly, 1898

July, 1901
July, 1891
April 1, 1883
Oct,

1, 1895

Belfast and Boston.
May 15, 1890
Boston, Bost. Nat.Bank. July 1, 18'9
Balt., R. Garret A Sons. Aug. 1, 1891
A.
London.
Aug. 1, 1891
N. Balt., R. Garret A
Sons. May 1, 1896
J.
do
do
July 1, 1890
0.
do
do April, 1908
N.
do
do
May 1, 1896
J. A J.
do
do
July, 1878
J. A D. Balt., Merck. Nat.
Bunk Dec. 1, 1904
M. A N.
do
do
May 1, 1878
J. A J.
do
do
Jan. 1, 1900
J. A D. N. Y.,
office.
Company’s
June 1, 1892
J. A J.
do
do
July 1, 1891
F.’A A.
do
do
Aug. 1, 1892
M. A S.
do
do
Sept. 1.1903
-

....

M. A N. N. Y., R. T. Wilson A Co.
J. A J.
do
do
J. A J.
do
do
M. A N. N.Y.,
II.Talmadge ACo.
do
July.
do
N.Y., Central Trust Co.
J.
A.
A.
M.
J.

A
A
A
A
A

J. Grand Central, Office.
0. N. Y., Union Trust Co.
O.
do
do
N.
do
do
J.
do
do

went

354, 462, 536.)
Lowell dr, Lawrence.—Leased

Dec. 10, 1878

Q.-F. N. Y., Jones A Schuyler.
Company’s Office.

1 000 000

£200
£200

Cincinnati.

Y., Bank of America.
Cincinnati.

6
6
7
6

77,000

ioo

19

A J.
A J.
A. A O.

1*2

849,000
225,000

7.070,000
2,000,000
3,500,000
2,304,720

T.
J.

7
6
7
7
7
7
6
7
7

275,300

1,000
i,ouo

1867
1869
1870
1872

Various

Jan., 1892
May 1, 1902

....

9,003,218

1877
1868
1873
1871
1872

1898 A 1923

•

Q.-M.

8 g.

3,000,000

333.000

do

Philadelphia Office.

M. A N. N

3 Jg
7

150,000
1,121,500
106,500
250,000
600,000
100,000

1,000

do

J.
M. A N.

7

175,000

1863

June, 189S
Sept., 1910

Philadelphia, Office.

A

%

3,300,000

Jan. 15, 1879

office, cp.B’kN.A
*

J.

6

1.500,000

1,000
1,000

Philadelphia, Office.

A D. Reg. at

M. A S.
J. A D.

6 g.
6
7
7
2
6

492,000

500
500
1.000
1,000
100 Ac.
100

1856
1863
....

J.

7

2,650,000
2,646,100

50
500 Ac.
100 &c.
50
500

95

175

Lowell dt Lawrence—Stock
Lvkens Valley—Stock
Macon dt Augusta—1st
mortgage
2d mort., endorsed
by
Madison <£ Portage—1st Georgia Railroad
mort., gold
Mahoning Coal— 1st mortgage, coupon
Manchester dt

2d

1,000

1864
1868

19
65

Q.—J.

5 000 000

1875

158

mortgage, main
Newtown A Flushing, guar
New York A
guar
Smithtown A Rockaway,
Port Jefferson
LouiST.Cin.dbLtx.—Liouisv. l’n(to Louisv.AFrankf.)
Louisville Cincinnati A
Lexington, 1st mort...
New mortgage,
coupon, for
Louisville dt Nashville— Stock $1,000,000.
Louisville loan, main stem (no
Lebanon branch, Louisville loanmortgage)
Lebanon branch, 1st
mortgage
do
extension, Louisville loan
Ceciliau Branch, 1st
mortgage
Consolidated 1st mortgage for
$8,000,000
2d mortgage bonds,
gold, coup
Memphis A Ohio, 1st mort., sterling,
Memphis A Clarksville br., 1st mort., g-uar
sterling—

Ooneol.

1,000
1,000

1°3

1
6

1.697,000
1,545,000
4,608,000
1,500,000
525,000

50

1st

.

1,000
■

196
81

-

mortgage, sterling

Outstanding

INTEREST OR DIVIDENDS.
Bono's—Princi¬
pal, When Due.
Rate per ] When Where
Payable, and by Stocks—Last
Cent.
| Payable
Whom.

$50 $27,228,855
1,000
5,000,000
1,000
6,000,000
1,000
13,301,000
Held by L V

1872

Little Miami—Stock, common
1st mortgage
Street connection bds
(jointly with Cin. A Ind.RR.)
Little Rock <t Fori Smith—New
stock
1st M., ldgr’t (750,000
aes) s.fund (for $3,000,000)
Little Schuylkill—Stock
1st mortgage, sinking
fund, extended 1S77
Logansp't, Crawfords*'. dt S. TF. of lad— 1st rnort., g.
Long, Is la nd—Stock
1st mortgage, extension
1st mortgage, Glencove Br

2d mortgage

Amount

Dividend.

common and

pref
1st mortgage, coupon and
registered
2d

.

[Vol XXVII.

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

Miles; Date Size, or
For explanation of column
headings, Ac., see notes
of
of
Par
at the head of first
page of tables.
Road. Bonds. Value.

Leliigli Valley—Stock,

BONDS.

....

May 1, 1880

Jan. 1, 1885
Jan. 1, 1916

Yearly—’79-’83
July, 1907
July, 1908
Feb. 1, 1879
Oct. 1,1882
Oct. 1, 1882

Mayl, 1902

Jan.1,1890

ings.

Consolidation made June, 1875.
(V. 20, p*
615.)
Marietta dt Cincinnati.—Capital stock is
$14,000,
000. Gross earnings for the
year 1876 were $1,637.052; expenses, $1,291,870; net
$345,181,
against $371,424 net earnings inearnings,
1875. The Balti¬
more A Ohio Railroad
made large advances for
construction, Ac. Default was made in 1877 and a
receiver was
appointed in suit to foreclose the 4th
mortgage, which is nearly all held by Balt. A O.
The first m rtgage bondholders
complain of the

payment of in rerest on guarantees which
ferior liens to their own.
(V.

are

in¬

24, p.
308, 335, 5(9; V. 26, p. 216, 342, 496.) 244; V. 25, p.
Marquette. Houghton dt
Ontonagon.—This is ft
consolidation of Marquette
A Ontonagon and
Houghton & Ontonagon, and operates
88>£ miles.
Lands amount to 425,000
acres, chiefly timber and
numeral.
Stock, $2,306,600. Net earnings, 1876,
$347,687.
Memphis & Charleston—This road was leased in

June, 1877. to theE Tenn. Va. & Ga. RR Co. for net
earnings. See full account in V. 26, p. 115. Of the
new cou.-ol.
mortgage $1,400,030 is secured by old
State lien for
$1,736,906, assigned to a trus¬
tee, and enough is reserved to" take up
1st and 2d
Tenn.

mortgages. Net earnings 1877-8, $307,000. (V 23,
304; V. 24, p. 519, 565; V. 25, p. 255; V. 26,
p.
11

p.

o.)

Memphis dt Little Rock.—Sold April 28, 1877, and
reorganized.
The land grant of about
1,(03,000
acres, is covered

by general mortgage, which pays 4
annually till 1882 and 8 thereafter, payable
January aud July.
Mttrojeolitan (N. Y. City).—This is the elevated
road formerly known as the
“Gilbert.” Stock paid,
up $655,600. (V. 27. p. 148. 627.)
Michigan Central.—The fiscal year will hereafter
eud with Dec. 31. For six
months, July-Dee.. 18/8,
net inc me on main line and
branches was $859,940,
equal to 4*58 per cent on stock. Floating debt has
been paid off. The
Jackson-Lansing do Saginaw
debt is assumed by
Michigaii Central, which
also pays $70,000 per year
on the stock, oneper cent

,

RAILROAD

December 28, 1878. J
Subscribers will confer

a

great favor by giving
—

es

at tlie head of first page or

tables.

Date Size, oi[>
Par
of
Bond s Value.

Miles

of
Road

Michigan Central—(Continued)—

Michigan Air Line 1st mort., assumed by M. C..

10

Kalamazoo & South Haven, 1st mort., guar
do
do
2d mort., guar
Grand River Valley, 1st mort., guar. 5...
do
do
2d mort., guar
do
do
stock, guar
Detroit & Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)..
Jackson, Lansing A Saginaw 1st mort....' cou; p.
do
1st mort. (N. of Win.), conv. > ma; Y
do Cons. m. on whole line (300m.)} her’ g
Milwaukee dk Northern—1st mortgage

39
39

.

$1,000
1874
1870
1870

Equipment bonds.

..

..

..

.

.

Schuylkill Haven—stock

Minneapolis dk St. L—1st M., Min. to Sioux C.
1st

.

3.

*

mortgage, Sioux City June, to Iowa line.

1st

mortgage, series “ B, ” (a second lien).
Missouri, Kansas <£• Texas—stock

.

’)

gold (Tebo. A Neosho).

.

.

2d mortgage, income (for $10,000,000)
Hannibal & Central Missouri, 1st mortgage.

.

Missouri Pacific—Stock
1st mortgage,

.

.

3d mortgage

100
118
118

1872
1872

116

1865

1870

....

236
126

127

.

1,000
1,000

1871
1870

50 Ac

1875

1,000

1877
1877
1877
1877
1877

1,000

■

1,000

50

140

27
93

100
100

182
100

786
786
70
283

283

:

bonds).

CarondeletBranch, 1st mortgage...

,

.

2d mortgage, coupon, may

1869

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

500 &c.

be registered.

.

15 Lj
161
161
85

.

.

100

21 405 000

1,000
1,000
1,000

2,433,000

1876

500 Ac.

1870

1,000
100

800 000

1868
1871
1872

1,000
1,000

7,000,000

500 Ac.

1876

1,000

1873
1869
1870
1869

1,000
1,000

1873
1853

1,000
£225
100 Ac.
£100Ac

1871

sterling.
Special mortgage (Mississippi, Gainesvil

21

1871

40

1874
1875

1,000
100 Ac.

1st mortgage, not endorsed
Monticello dk Port Jervis—1st mortgage
Morris dk Xtesea—stock
1st mortgage, sinking fund
2d mortgage
Convertible bonds
Construction bonds
Gen. m. & 1st on Boonton Br. Ac. (guar. D.L. AW.)
Consol, mort. (for $25,000,000) guar. D. L. & W..

Special real estate mortgage
Nashville, Chattanooga dk St. Louis—stock
Bonds to U. 8. government, 2d mort
Bonds endorsed by Tenn.
New 1st mort. (for $G,800,000) coup*
Bonds of N. C.A St. L., 1st mort. on two branches
do

do

1st mort.

on

Tenn. &Pac

Nashville dk Decatur—Stock, guar’d 6 p. c. by L. A N.
1st mort. guar. s. f
2d mortgage

Nashua.dk Lowell—Stock
Bonds for freight depot (gold)

80
80
23
137
84
84

34

137

Nebraska—Consol, mort., guar

Nesquehoning Valley—Stock

16Lj

Newark, Somerset dk Straitsv., O.—1st mortgage.....
Newcastle dk Beaver Valley—Stock
New Haven dk Derby—1st A 2d mortgages

on the Detroit & Bay City bonds, not guar¬
anteed, Nov., 1875. D. & B. C. net earnings in 1877
were $97,231.
(V. 25, p.11,332; V. 26, p. 417,
574, 653; V. 27, p. 645.)

Milwaukee A Northern.—Two coupons were paid
in stock, but cash payment was resumed in .July,
1876. It is leased to Wisconsin Central.
(V. 22,

1867
1870
1870

1,000

1,000
1,000

50
250
1864
500 Ac.
1866
vari’us
1,000
1871
1,000
1871
1,000
1875
1,000
25

1871

57
133

passed

100 Ac.
100 Ac.

1873
1877
1877

1,000
1.000

1870
1867

44
15
13

1869
( 58A70

3Lj
7 g.
7 g.
7 g.

discovered in these Tables*
Bonds—Princi¬
pal, when due.

6 S-

7

800,000
700,000

8
7

4,500,000

7
6 g.
10
10
8
4

1,517,300
769,920

1,668,000
(?)
700,000

4,321,000
1,025,000
6,560,295
1,000,000
1,100,000
4,700,000
320,000

50
500 Ac.
50
500 Ac.

7

1^

206,000

800,000
200,000
2,000,000
1.836,000

6 g.
5
7

1,300,000
800,000

5
7 g.

605,000

2^

525,000

7

1,000

1,000 <

'

8
6 g.
8
6 g.
7 g.
8
8
7 g.
7
7
8 g8
7 g.
3 l2
7
7
7
7
7
7

4 •
6
7
6
6
3
7
6 g.

300,000

500
100

'

1,451,207

4,991,000

A D

.

o

of old company brought suit to annul the sale
Default was made on carondelet Branch bonds, Oct.
1, 1877, and compromise bonds at 50 per cent were
offered Jan., 1878. (V. 25, p. 235 ; V. 26, p 41;
V. 27, p. 68.)
Missouri River, Fort Scott A Gulf.— Interest parsed

1890

Co.

April 1,1883
Nov. 1,1890
Nov. 1.1890

July 1,1886

July 1,1879
July, 1878
May 1,1902-3
1902

July 1,1885
May 1,1890
Sept. 1,1891
Dec., 1901
June 1,1895
Jan., 1879

N.Y., Merck. Exc. N.Bk.

A D N. Y., S. S. Sands A Co.
A

J

A J
A D

Philadelphia, P. A R.Co.
N.Y., Continental N.Bk.
do

Jau.

Feb.

do
do

do

Jan.

do

.

do

A J. N. Y., Union Trust
do
do
A D.
do
do
Various
A. A O.
do
do
do
M. A N.
do

Jan., 1899

Co.

A A. N. Y., Company’s Office.
J. A J.
do
do
M. A N.
do
do
St. Louis.
mont’lv
M. A N. N. Y., Compauj-’s Office.
A. A O.
New York.
J. A J.
Boston, Co.’s office.
A. A 0.
do
do
J. A J. N. Y., Nat. City Bank.

1, 1907
1, 1927
1, 1907

April 1, 1902
July 1,1902

Y., Imp. A Trad. Bk.

J.
J.

June, 1903
1901-1906

April 19,1911
May, 1890
Aug., 1888

F.

July, 1891
May 1, 1892

Feb., 1885
Oct. 1, 1893
Jan. 1,1899

April 15,1890
Jan., 1889

....

....

N.

July 31, 1878

Y., Drexel, M. A Co.
......

....

977,550
5,643,000

1,800,000
1,040,000
330,000
500,000
15,000,000
5,000,000
3,000,000
284,000
573,000

N. Y., Union Trust
do
do
do
do
do
N
do
A J
do
do
A S
do
do
A J
do
do
A N
do
do
A N
do
do
do
do
A J
A N
do
do
A S
do
do
N
0
N

A J.

21gg.

5,320,600

A
A
A
A

J.

6

300,000
800,000
2,794,800

Whom.

S

7 g.

250,000

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

Slocks—Last
Dividend.

Payable, and by

Payableb

M. A N
A. A 0. N.

7 g.

5,000,000
1,947,000

Where

When

•

8

6 g.
-7 g.

2,600,000

1,512,000
1,837,000

100

1877

8
8
8
7

349,000
14,752,000
6,025,500
800,000

1,000

1873

Naugatuck—Stock

third of which it owns; the proceeds of J. L. A F.
lands go to pay bonds. (V. 2o, p. 519.) Interest was

1,000

345

340
75
30
122
122
122
54

8

53,000

2d mortgage..

Montclair dk Q. Lake.—1st mort. ($700,000).
2d mort. (issued for old firsts)

8

1,277,000
680,000
2,001,000
2,134,000
750,000
3,969,600
455,000
1,100,000

1868
1870
1871-3

100
100

8

1,906,000

1,100,000

186

2^

491,200
424,000

1,000

516

8
8
8
8
8
8

1,000,000
500,000

280,000

1,000

r

556,000
640,000
70,000

1,000,000

500 Ac.

Rate pei
Cent.

$200,000

1,000

1877
Mobile dk OA/o^-Stock
Convertible 8 per cent bonds
1st mortgage, sterling
Interest bonds
Interest bonds, sterling
Tennessee subs., 1st mortgage,

Amount

Outstanding

1,000

oqn

gold

Real estate (depot) bonds
Debt to St. Louis County (no

1866

~ 84
84

15
.

1st mortgage,

immediate notice of any error

INTEREST OR DIVIDENDS.

DESCRIPTION.

Mine Hill dk

xxffi

STOCKS AND BONDS.

Q—M.

a-I.
M.
M.
J.
M.

A N.
A N.
A N.
A J.
A N.
March
J. A J.
F. A A.
M. A S.
M. A 8.
J. A D.

Q-J.
I.
M.
F.
T.
F.
V.
J.

A
A
A
A
A
A

J.
N.
A.
J.
A.
0.
A D.

Dec.
Nov.

New York.
New York and London.
Mobile.
London.

1876 and ’83
1883
1901

New York and London.
Mobile.

1877-1882

do

New York

or

1,1883
1,1883

Jan.

London.

New York, Co.’s Office.
do
do
N. Y., G. Opdyke A Co.
do
do
N. Y., Union Trust Co.
N. Y., Del., Lack A W.do
do
,
do
do
do
do
do
do
do
do
do
do

3

1,1904

June 1,1900
1890
Jan. 2,1879
1914

1891
1900
1889

Oct., 1901

....

Oct. 1, 1878
4. A 0. New York A Nashville.
N. Y., V. K. Stevenson.
1881 and ’91
f. A J.
I. A J. N. Y., V. K. Stevenson.
July 1,1913
I. A J.
New York.
^
do
r. a j.
f. A D.
June, 1878
r. a j. S. Y., Drexel, M. A Co.
July 1,1900
4. A O. Nashville, Co.’s Office.
Oct., 1887
11. A N.
Boston A Nashua.
I
A A.
Boston.
J
J r. A J.
Bridgeport, Conn.
J
V. A O.
Boston.
(
?J. A S. Philadelphia, Co.’s office S
JJ. A N. N. Y., Union Trust Co. J

Q.-J.

Newcastle, Penn.

Jan., 1879

Various IST. Haven, E.S. Scranton

$1,871,808; expenses, $1,070,270; net earnings,
588. The following payments were made in
tion to the operating expenses :

$801.add!

Interest on bonded debt for the year
$452,400
Interest on floating debt and exchange
14,887
Taxes
23,534
Two dividends of 13^ per cent. each...— 131,505
Cost of steel over iron rails
32,297
Cost of extra ties used in laying 32 miles
steel rail, 600 to mile extra
5,100
Cost of iron bridges
30,611
25 Nasliv. & N. W. bonds, due July, 1878...
25,000
Minor items
25,412

subsequently. Coupons overdue
Receiver appointed April,
1877, from road and landJ,
p. 233.)
$1,004,54’'; net, $263,891. (V. 24, p. 493, 565; V.
Milwaukee, Lake Shore A Western.—Sold in fore¬ 25, p. 308; V. 26, p. 842, 391.)
closure for $2,509,788, Dec. 10, 1875, an L purchased
Mobile A Girard.—The Central Railroad of
by bondholders, who made this new first mortgage
for $750,000. Net earnings, 1876, $57,479. (v. 25, Georgia endorses these bonds, and holds the 4 per
cent mortgage bonds for advances made.
Total
$740,748
(V. 23,
p. 308; V. 27, p. 252, 357.)
The debt to United States and bonds endorsed
Mine Hill A Schuylkill Hawn.—Leased to Phila¬ p. 549; V. 24, p. 542; V. 27, p. 434.)
Mobile A Montgomery.—Sold in foreclosure, No¬
delphia & Reading, May 1S.64, for 999 years; 8 per
by Tennessee are secured by deposit of lQt morh.
cent dividends on stock.
vember, 1874, and stock issued to old bondholders. bonds. (V. 24, p. 321; V. 25, p. 357, 476, 48$; V*
Minneapolis A St. Louis.— This road was com¬ Old mortgage debt vet out, $275,000. Gross earn’gs, 26, p. 623; V. 27, p. 146, 275.)
pleted in 1877. The bonds of the $1,100,000 mort¬ 1877, $666,037; net, $224,560. (V. 24, p. 180, 495;
Nashville A Decatur.—Leased May 4,1871, to Lou¬
gage, numbered from 1,101 to 1,4)0, for #50!) each, V. 26, p. 418.)
isville & Nashv. Co. for thirty years, lease guarantee¬
t$150,000 in all) are guaranteed by the Burl. C. R. &
Mobile & Ohio.— Plan of adjustment (see V.23, p.
ing interest on bonus, and 6 per ct. yearly on stock.
Northern Railroad. The bonds on the 15 miles 451). Gross earnings year ending Aug. 1, 1878,
were Issued by the Minneapolis & Duluth RR.
Nashua A Lowell—Net receipts in 1877-8, $96,759.
$2,098,540; net, over all expenses, #376,82t. (V. 26,
Notes out are $225,000. (V.24,p.564; V.26,p 624,)
Mississippi A Tennessee.—Gross earnings 1876-7, p. 166, 256, 344, 496, 653; V. 27, p. 330, 487.)
$433,440; net, $212,768. All the debt is consolidated
JVawffafwcfc.— Net earnings 1877-8, $197,170. (V.
Montclair A Greenwood Lake.—Re-organization of
in the mortgage of 1877, consisting of series “A,”
25, p. 616: V. 27, p. 566.)
old Montclair road sold in foreclosure. Road sold
preferred, ana series “B,” 2d. The debt to State
again Oct. 12 1878. (V. 26, p. 67, 600, 625, 653; V.
Nebraska.—Formerly Midland Pacific.
The old
of Tenn. i« paid. (V. 23, p. 621; V. 25, p. 154, 617;
27, p. 16, 68, 95, 172, 192, 228, 252, 303, 357, 383, 435,
bonds were to be exchanged for these guar, by the
V. 26, p. 39.)
Bur. & Mo. in Neb., to which the Nebraska road la
Missouri, Kansas A Texas.—Latest report, V, 26, 462, 539, 62S, 652.)
leased. Bee V. 25, p. 335, 641.
p. 365. Gross earnings 1877, $3,197,321; net, $1,048,Montgomery A Eufaula.—Wm to have been sold
664, against $1,371,883 in 1876, and $1,360,103 in 1875. in foreclosure Nov. 12, 1877, bnt postponed by an
Nesquehoning Valley—Leased to the Lehigh Coal
Net income m 1877 over taxes $952,211. Annual
& Navigation Co. at a yearly rental of 10 per cent
appeal. (V. 2b, p. 17; V. 26, p. 5b7.)
interest charge now (under adjustment) is $776,398,
dividend on the capital stock.
Monticello A Port Jervis.—Defaulted in 1873. ' Sold
Newark Somerset A /S/rafter.—Leased to Sandusky
raw 4 per cent in 1878 and 5 in 1879-81.
Land July 7, 1875. (V. 20. p. 358, 383; V. 21, p. 39, 592.)
Mansfield & Newark. Guaranteed by Balt. & Ohio.
Mortis A Essex.—Leased in perpetuity to the
grant is about 4,565.142 acres.
(V. 26, p. 365, 392,
New Castle A Beaver Volley.—Leased to Pitts¬
Delaware. Lackawanna & Western.
The lessees
470, 523, 548, 625, 653; V. 27, p. 426, 514, 603, 653.)
burgh, Fort Wayne & Chicago, and lease trausfitted
Missouri Pacific.—Gross earnings in 1877, i 3,984,- assum; all liabilities and pay 7 per cent on stock.
to Penn. Company.
442; operating expenses, $2,324,356; net $1,660,086. Report for 1876, V. 24, p. 3»0; for 1877, V. 26, p.
191.
New Haven A Derby—Net earnings 1876-7, $46,473.
Reorganized after the sale of the road under 3d i
Nash., Chatt. A St. X.—Or039 earnings of 1877-8, New Haven city guarantees the $225,000 2d m. bonds
ttortgage, Sept. 6,1676, for $3,000,000. Stockholders I

Sold. The M.K.& T. bonds and U. P. S. Br. bonds




Oct., 1673, and

Jan. 1, 1878, $2,127,550.
1878. Gross receipts in

XXIV

RAILROAD

Subscribers will confer

a

DESCRIPTION.

STOCKS AND

BOND3.

[VOL. XXVII.

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

For explanation of column
headings, Ac., see
at the head of first
page or tables.

Miles

Date

of

of

notes

Size,

or

Amount

Par

Road. Bonds.

Outstanding

Value.

INTEREST OR DIVIDENDS.
►ate per

When

Cent.

Payable

Bonds—Princi
pal, when Due.
Where Payable, and by Stocks—Last
Whom.

Dividend.

New Haven.
do

Oct., 1874
Jan., 1899
April '80 & ’82
April 1, 1891

■

New Haven <6

Norlhamp. (canal RR.)—Stock
Mortgage bonds, coupon

100

Central)

do
do
do

Bonds railroad stock
Bonds real estate
Renewal bonds
2d mortgage, sinking fund (Hudson
River)
New mortenfre
mew
mortgage

5 $30,000,000 ] coupon

Sinking fund

1876-,

or regis-

N. Y. Housatonic c€- Northern— 1st
mortgage
N. Y. Lake Erie <£*
West.—Stock, com., assented
Preferred stock, assented
1st mortgage (extended in 18G7 to
1897)
2d mortgage, convertible (extended to
1879)
3d mortgage
4th mortgage, convertible
5th mortgage, convertible
Buffalo Branch Bonds

Long Dock Co. mortgage

.

2d scries
3d scries

J Erie)—Stock.

Northeastern (S. C.)—Stock, common
Pref. stock (8 per cent)
exchangeable for 2d mort.
1st mortgage, new
2d mortgage, new
North Pennsylvania—Stock
1st mortgage
2d mortgage
General mortgage bonds

Northern Central—Stock

1st mortgage, State (Maryland) loan
2d mortgage, sinking fund,
coupon
3d mortgage, sinking fund,
coupon

Consolidated mortgage, gold,
coupon
do

do
do
registered
Consol, mortgage, gold, s. fund,
coup., $ or £
2d general mort., “A,”
coupon
do
“B,” coupon, convertible

Northern, N. IT.—Stock

Northern of New Jersey—Stock
1st mortgage, extended
Northern Pacific—New preferred stock

New Haven

&

§322,879.

expenses,

(V.

New Jersey Midland.—Defaulted after the
panic of
1873 and funded coupons. The bondholders funded

Jei'sey

Hackensack & N. Y. and Hackensack Extension.
The old bonds are about $390,000.
Hackensack
branch noticed for sale May 29, 1878. (V.
24, p. 136,
158, 249, 299, 321; V. 25, p. 255.)
New Jersey South'n.—Foreclosure
pending. There
were also $120,000 bonds on Torn^
Riv.r Br., and
$1,000,000 2d mort., and $5,300,000 consol, mort. Net
earnings, 1875, *109,276. (V. 25, p.5ll, 592.)
New London Northern.—Operated under lease till
1891 by Vermont Central for $150,000 a
year.
Net

earnings of road in 1877-8, $170,431.
537.)

(V.

27,

p.

Neio Orleans, Mobile & Texas.—The Western Difiion was sold Nov. 18, 1874, and the
East. Div. is
operated by the mort. trustees. Int. in default since
1872. Gross earnings, 1877,
$130,010; net,
and less

$390,655;

extraordinary

expenses. $158,480. (V. 23.
V. 26, p. 341, 392, 575.)
N. Y. City dt Northern.— A
re-organization of
H. Y. & Boston. (V. 27, p. 172.)
p.

379; V. 24,

p. 370;

New York & Canada.— The bonds
by the Delaware & Hudson Canal Co.
•

V. 25, p.

615; V. 27, p. 662.)

are

guaranteed

(V. 24, p. 180;

New York Central & Hudson Liver—The.
mort¬
gage loan for $40,'*00,000 was to retire prior
debt,
and the balance for third and fourth
track, &c.
The Harlem RR rvas
leasedApril, 1873. The follow
ingis a comparison of earnings, Ac., for five years;
Gross
Net
Funded Cost of r’d
-

Receipts.

.

(V. 25,

p.

.

1,000
100
100 Ac.
500 &c.

1,000

1853
1854
1853

•

....

500 Ac.

1,000
1,000

,

1,000

1873
1873

1,000

.

840
840
.

.

1870

.

132

i'32
•

.

1872

1801
1872

.

00

'....

....

.

184?

....

1849
1853
1857

«...

1858

....

1801
1803
1870

459
■

....

....

139
80
139

1804
1870

1,000

141

1,000

928,000
3,370,000

100

15,500,000

12*4 1873
334
1809
100 Ac.
02
100
12
1800
1,000
50
1809
1,000
223
100
223
100
223 ’G7-’G8
500
102
50
102
50
102
1809
500
102
1809
500
58
50
50
500 Ac,
50
500 Ac.
«

-

•

•

....

....

....

....

....

....

....

317
138
138
1855
138
1805
138
1808
138
1808
138 ’74-’75
138
1870
138
1870
82 ^

....

50

....

....

21
21

*

....

500 Ac.
500 Ac.

1,000
1,000
1,000
1,000
1,000
100

1878

100

2,000,000
8,000,000

3,000,000
50,000
1,000,000
3,000,000
1,000,000
210,000
899,350
•




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

A J.
A 0.
A O.
A A.
7
A A.
7 g.
A S.
7
A N.
124
Q- J.
0
A. A O.
7
J. A D.
or 7 g.
J. A J.
7
M. A N.
0 g. M. A N.
2
Q- J.
0
M. A N.
0
M. A N.
0
M. A N.
0
M. A N.
0
J. A D.
7
J. A D.
7
J. A J.
0 g. J. A J.

102,000
2,391,000
1,794,000
18,405,000

9,733,333
100
5,000,000
1,000
7,000,000
50
7,500,000
50
1,550,000
1,000
10,500,000
500 Ac.
107,704
500 Ac
1,500,000
100
70,200,000
100
8,700,000
1,000
2,483,000
1,000
2,174,000
1,000
4,852,000
1.000
2,937,000
500 &c.
709,500
100 Ac.
182,000
1,000
3,000,000
1,000
10,533,714
3,472,074
25,000,000
S,597,000
5,817,000
....

7
0
7
7 g.

0,032,900
74,500
592,000

500 Ac.

1854

,3

7

or

4
4
7
7
7

0 g. J.
J.
J.
M.
J.
A.

"i
7
7
7
7
7
7
7
7
o
5

’a

J.
J.
J.

A

g.
g.
g.
g.

do
do
do

J.

A

Jan.

1, 1915

May, 1908
May 1.1904
Jan. 15,1879

May 1,1883
May 1,1883
Mayl, 1883
May 1,1883
Jan.
Jan.

June, 1885

New York.

do

do
do

N.

•

1, 1903
1, 1903

1, i906
2, 1879
2, 1879
May, 1900
Jan. 1, 1881
Oct., 1902
Jan.
Jan.
Jan.

May 1, 1897
Sept. 1, 1879

Mar. 1, 1883
Oct. 1, 1880
June 1, 1888

July 1, 1891
Jan., 1893

Sept. 1, 1920
Sept. 1, 1920
Dec.
Dec.

Boston.

J.
J.

1, 1879

Sept., 1885
July, 1892

do

‘s.

A

Jan.

Dec. 15, 1887

London.

do
do
do

1895
1881
March 1, 1893
Nov. 1, 1889

do
do

M.A
J.

88,000

In default.

New London, Office.
N: Y., B’k of N. America
do
do
New York, Co.’s Office.
New York.
London Baring Bros.
N.YT.,Gr. Central Depot.
do
do
do
do
do
do
do
do

M. A
J. A
J. A

5
G A 7

820,000
234,000
3,978,150
1.930,500
1,500,000
2,035,000
5,842,000
1,500,000
1,490,000
1,120,000
2,599,000
205,000
4,518,000
3,000,000
1,000,000
3,008,400
1,000,000
400,000

do
New York and London.

N.
S.
S.

J. A
J. A
M. A

A

0

Y., Co.’s Office.
do

Y., Co.’s office.
do
do
do
do
0.
do
do
D.
do
do
J.
do
do
D.
do
do
S. New York and London.
s.
do
do
D.
do
do
D.
do
do

J.

2^

N.

A J.
A 0.

7

7 g.

do
do

N.Y., Gr. Central Depot.

A
A N.

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

*7*

1, 1969
1, 1969
1884

do
Jan., 1905
N.Y., Grand Cen. Depot. Jan. 2, 1879

_

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

1903

In default.

July 1,
Y;, M. Morgan’s Sons. Nov. 11,
do
do
May 1,
jj. & J.
do
do
July 1,
M. & S. Company Shops, N. C.
Sept. 15,
M. A 8.
do
do

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

&
&
&
&
&
A
&

N.
S.

1894
1878
1880
1899
1878
Sept. 15,1878
Nov., 1888

do
do

Charleston.

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

do

Philadelphia Office,
do
do
do

do
do
do
Baltimore & Philadel.

Q.-J.

Baltimore, 1st

iJ. & j.

Nat. Bk.
do
do
do
London A Baltimore.
Baltimore, 1st Nat. Bk.
do
do

|J. & D.

Boston, Office.

jj. & J.

A. & O.

;j. & J.
jj. A J.

' J.

J.

J.

Sept. 1, 1899
Sept. 1, 1899
Aug. 26, 1878

Jan.

City, Hudson Co.

1, 1885

May 1,-1896
1903

.

Annapolis.

J. & J.
A. & O.

43,011,207

April 1, 1876
Irredeemable.
July, 1885
April, 1900
July, 1900
July, 1900
EJuly 1, 1904
Jan. 1, 1926
Jan. 1, 1926
Dec. 2, 1878
1876

B’k.

July, 1888

V. Y. City Elevated.—Bonds are
payable after
1897 at 105. A firet
mortgage of 1872 was cancelled.
General statement V. 27,
p. 280.
(V. 26, p. 653; V.
27, p. 280, 400, 462.)

pending.

New York <J& Harlem.—Leased to N. Y.
Central
at 8 percent per
annum (payable J. & J.) on
and interest on bonds. The "Fourth avenue stock,
horse
railroad and real estate was retained, and
an extra
dividend made in April is from
profits of this line.
New York, Hou-satonic <£

New York, Providence & Boston. —Annual
report
for fiscal year ending Sept. 1.
1878, showed net earn¬
ings $398,115, against *358,997 in 18T6-7. (V. 25,
p.

pending.
*

Northern.—Foreclosure

(V. 21, p. 349; V. 23, p. 549.)

N. Y. Lake Erie &
West.{Erie).— Foreclosure oT the
Erie Railway took place April
21, 1878, under the
second consol,
mort., and the road was
for $6,000,000, on behalf of the London purchased
committee,
and re-organized as “ New York Lake
Erie & West¬
ern.” The stocks and bonds
above are given as
under the re-organization
perfected. T^e 1st consol,
mortgage is ex coupon of Sept., 1879. The 1st
series new mortg. is secured
by deposit of coupons
funded. On the 2d series first
coupon is payable
June, 1880. The 3d series are 5 per cents till
.June,
18S3, and after that 6. On the 2d and 3d series no
foreclosure can take place till six
coupons are in
default. The following
comparison is for the fiscal

years

1877-8

ending Sept. 30:
Gross

Earnings.
.

...$15,644,980
14.708,889
15,852,461

Net

Income.
$5,718 927
4,636,717

Interest.
Rentals, Ac.

$5,093,496

5,937,801
5,538,194
16,876,858
6,351,781
(V. 26, p. 95, 117. 192, 265, 290, 315. 342, 387.
391, 419,
444, 469, 495, 575,600,625; V.27,p. 40, 173,
200, 283,503,
358, 393, 409, 514, 539, 62S, 649.)
1875-8
1874-5

4,308,563
4,698,615

N. Y. (t N.
Receipts.
Debt.
&equip't.
England.—Formerly Bost. Hartf. & E.
$11,632,924 $ 40,335,415 $99,142,408 Conveyed to the new company in
July, 1875. Net
11,922,417 40,401,263 97,822,811 earnings, 1377-8, $155,704. (V.
26, p. 67, 445; V. 27,
11.765,111 40,003,667 96,355,774 p. 801, 358,40), 649.)
13,262,089 33,484,742 92,506,503
New York New Haven &
11.484.863 27,725.533 78.014.954
Hartford.—Net income
$1,684,489. (V. 25, p. 640; V. 26, p. 290; V.
640; V. 26, p. 315,575; V. 27, p. 357,652.)
27, p. 537.)

1876-7. $26,57^,085
1875-6
28,046,588
1874-5. £9,027,218
1873-4. 31,690,386
1872-3
29,126,851
.

4,000,000
89,428,300

1,000

550

Northampton.—C, ross earnings,

26, p. 17.)

•

1st series, pref.

1st mortgage, new
New York, New Haven, J Hartford—Stock
Harlem A Portchester, 1st
mortgage guaranteed.
N. Y. ct Osivego Midland—1st
mortgage, gold
N. F., Prov. <£ Boston— (Stonington)—Stock
Extension mortgage
First mortgage
North Cai'olma—Stock, common
Preferred stock
Mortgage bonds

1877-8, §548,199; operating

•

£100Ac
100

1,000
100 Ac.
100 Ac.

....

$12,000,000)

1st consolidated
mortgage, gold
N. Y. L. E. A W., new
mort., gold,
do
do
do
do
do
do
N. Y. & New England (Bost.,
JIartf.
1st mortgages, old

1,000
•

500 Ac.

1,294,000
885,000
200,000
3,000,000
1,500,000
910,000
2,120,000
1,500,000
300,000
387,500
4,000,000
1,800,000

.

1805
1872
1871
1878
1874

$2,400,000

1,000
1,000

1870
1870
1871
1873
1809

112

....

£2,000,000 5
tered.
N. Y. City Elevated— Stock
1st mortgage (for $12,000,000) $ or £
New Tork <£• Harlem—Common stock
Preferred stock
Consol, mort., coup, or reg. (for

®

10
80
80
37
78
100
100
100
140

$1,500,000)

2d mortgage
N. O. & Mobile.—1st
mortgage
N. Y. City <6 Northern— 1st
mortgage
N. Y. <£ Canaela—1st M.,
sterling, guar. D.A H. Can.
New York Central <£ Hudson River—Stock
Premium bonds
(N. Y.

Bonds, B. AN. F. stockholders

1809

....

Holyoke A Westfield RR, leased, 1st mort
N. J. Mulland—1st
mort., g’ld, guar, by N.Y. A O
2d

mortgage, currency
New Jersey d- New York— 1st mort. (for
N. J. Southern— 1st mort
gage
New London Northern—Stock
let mortgage bonds

$100

92

Bonds convertible, tax free, coupon

New

York db

to amount

Oswego Midland.—Foreclosure

sale

Receivers1 certificates have been issued
of $1,352 555.
Settlement is in progress.

(V. 26, p. 290; V. 27, p. 383, 436,
462, 487, 539, 603,
652.)

591; V. 27, p.383, 626.)
North Carolina.— Leased

September, 1871, to Rich¬

mond & Danville Railroad at
$260,000 per annum.
Dividends of 6 p. c. are paid on
stock, of which the

Stateof No. Car. holds
$3,000,001

650.)

(V. 27, p. 406.

Northeastern, S. C.—Gross earnings in 1877-8,

$363,344; net, $162,500.
650.)

North
...

(V. 25, p. 617; V. 27, p.

Pennsylvania— Gross receipts in year 1876-7,

$1,482,705;

-

—

net, $562,046. (V. 22,p.l
134:V.7‘
24, p.62.)'

Northern Central.—Tae annual
report

.

for 1877

shows gross earn’gs, $4,®70,3S7;
expenses. $2,745,924;
net, $1,324,462. The total net income in 1977 was
$1,575,047; $1,513,342 was paid for interest and
rentals, leaving a balance of $61,7t5. Under the

general mortgage of 1876, $1,000,(DO more may be
issued, as senes “C.” (V. 22, p. 257; V. 24, p. 223>
421, 469; V. 26, p. 314.)
Northern N. Hampshire.— Net income fiscal
year
1877-8 was $117,13). (V. 24,
p. 54 1; V. 26, p. 546.)
Northern of N. Jersey.— Operated by Erie under
lease. Gross earnings in 1877 were
$238,438. Bonds
due in 1878 were paid or extended at 6
per cent
interest. (V. 26, p. 600.)
Northern Pacific.—Sold in foreclosure
Aug.

12,1878,
and pref. stock issued to bondholders at the
r
of $1,400 for each $1,000 bond.
This stock is.
changeable for land at its par value. Common « *
issued is $13,955,500. (V. 26,
p. 18, 445, 519; V 27,
p. 173, 200, 3S2, 355, 514, 628, 653.)

ll

December 28,

RAILROAD

1878.J

Subscribers will confer

a

STOCKS

great favor by giving:

immediate

DESCRIPTION.
Miles Date Size, or
explanation of column headings, Ac., see notes
of
of
Par
at the head of first
page of tables.
Road. Bonds. Value.
Norwich & Worcester—Stock
New bonds, coupon
$100
66
1877
1,000
Ogdensburg d Lake Champlain—Stock
122
For

Preferred stock

122

Equipment bonds
Sinking fund bonds

Outstanding

....

Mortgage bonds for $600,000 (sinking
Ohio d
Mississippi—Stock,

....

fund)

118
393
393
148
393
393
393

common

Preferred stock (7 p. c. yearly,
cumulative)
Income and funded debt bonds
1st consolidated mort.

($3,478,000 are s. f.)
Consolidated mortgage, sterling
2d consolidated sinking fund
mortgage
Debenture sinking fund bonds (for
$1,000,000)...
Spring. Div. (Sp.A Ill. SE.) 1st M. (for $3,000,000).
Old
Bonds

Bonds
Bonds
Bonds
Bonds
Bonds
Omaha d Norlhio.—Land gr gold
bds (for

1871
1860
1874
1875
1876
1877
1871

....

....

....

....

—
....
’

•

$640,000)

Orange d Newark—1st mortgage
Oregon & California—1st mortgage
Os joego & Nome—1st
mortgage guaranteed
Income mortgage bonds
Oswego & Syracuse—Stock, 9 per cent guar
Mortgage bonds
Consol, mortgage (guar. D. L. A W.)
Paducah d Elizabethtown— 1st
mortgage
2d mortgage, income

•

•

-

40
9
200

-.

)

186
186
47
General mortgage, sterling,
(£1,000,000)
47
Paris d Danville— 1st mortgage,
gold, sinking fund 103
Paris d Decatur, (Ills.)—1st
mort., g’d, sink, f’d
75
Pekin, Lincoln d Decatur—1st mortgage
67
Pennsylvania—Stock
1669

....

1867
1873
1872
1871

Pennsylvania Co.—Common

Preferred stock
1st mortgage, s. f., (held by

....

stock

.

Perkiomen—1st mortgage
Consol, mort., gold, guar. P. A
R., (sink. fund)....

Petersburg—Stock

1st mort. bonds (payable
$25,000 yearly)
2d mortgage
Philadelphia d Balt. Cen tral—1st mort. (Pa)
2d mortgage (Pa.)
1st mortgage (Md.)
common

Preferred stock
1st mort., SunbuiyA E. (extended 20
years in ’77).
1st mortgage ($3,000,000 are
sterling)
2d mortgage
2d mort., gold (for
$20,000,000), guar by Pa. R...
Philadelphia d Reading—Stock, common
Preferred stock

....

779
779
779
779
779

(Extended in 1877.)...

Loan mortgage

....

Consolidated mort., dollar loan, coupon
do

.

40
237
287
237

do

sterling.

.

....

Mortgage loans inconvertible
Loan mortgage, convertible
do
do
sterling..
do

.

39
39
105
105
46
83
83
38
33
82
82
82
-36
36
10
287

Peoi'ia d Bureau Valley—Stock—
Peoria, Pekin d Jacksonville— 1st mortgage
2d mortgage
:

do

do

gold. $

or

Norwich & Worcester.— Leased

Boston, Hartford & Erie for

....

or

£, coup

779
779
779

reg

February, 1S69,

to

1,700,000

1,000

(?)
546,000

....

10,950,000

....

1,000
1,000

1,320,400

1870

1877
1877
1873
1873
1866
1866
....

1864
1870
1867
1873
.

_

.

.

.

_

.

.

1859
1869
1866

1,000
500

....

1,000
....

1,000
1,000

".

.

.

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

519,000
1,500,000
1,500,000

1,000
1,000
100
000 Ac.

1,200,000

1,000

1,000,000
621,000

1,000,000

100

1,000

1,200,000

100
ra

.

.

.

1,324.200

-

100 Ac.
100 Ac.
100 Ac.

500,000
300,000

8
8

800.000

7
7
6

400,000
300,000
6,053,700

50
50

.

2,400,000

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

976,000
5,000,000
3,000,000
8,680,000

50
50

32,726.375

....

1843-9
1,000
1857
1,000
1836
£100
1843
£500
1867
1,000
1868
100 Ac.
1868
1,000
1871
1,000
1871
1,000

3
6
6
7
7
7
7
4
77
6
6 g.
3

7,000,000
1,500,000
1,083,000

.

....

1857
1861
1868
1869

216,000
1,200,000
7,000,006
3,905,000
2,500,000

100
♦£200

....

1873
1875
1877

124,000
338,000

1,000
1,000

50

....

350,060
200,000

50

1,000
1,000

•

390,000
150,000
1,692,000
500,000
1,100,000

....

50
50
.

140,000

....

-

mortgage
Pennsylvania d New York—1st mort., guar
1st mortgage, guaranteed

Loan mortgage,
Loan debenture

•

....

Pennsylvania d Delaware—1st mortgage
2d

•

•

....

Pennsylvania HR.)...
Reg, bds (for $3,200,000) sec. by P.F.W.AC.sp.st’k

Philadelphia d Erie—Stock,

•

....

M. A 8.
New York, Office.
Mar. 1, 1975
A. A 0.
do
do
April. 1, 1882
J. A, J.
do
do
Jan. 1, 1898
6 g- J. A J.
London.
Jan. 1, 1898
7
A. A O.
New York, Office.,
April, 1911
7
M. A N.
do
do
May 1, 1983
6
1st coup, due Nov., ’77
Nov. 1, 1905
3
J. A J.
Boston, Office.
July 1, 1878
7
Various
do
1831
6
A. A O.
do
Oct. 1, 1890
7
M. A S.
do
March 1, 1394
6
J. A D.
do
June 1,1895
6
M. A 8.
do
Sept.
1, 1896
6
F. A A.
do
Aug. 1, 1897
7*30 g. J. A J.
N. Y., Kountze Bros.
Jan., 1901
6
M. A N.
Newark, Office.
7 g. A. & O.
Frankfort O. M.
April 1, 1890
7
M. A N. N.Y.,Farmers’ L.
AT.Co.
May, 1915
7
F. A A.
do
do
Feb., 1891
F. A A. N. Y.,
Del., L. A W. RR.
Aug., 187.8
7
M. A N.
do
do
1880 A 1885
7
M. A S.
do
do
1907 *
8
F. A A. N.Y., Treasurer’s Office.
Feb. 1, 13$7
7
do
April.
do
Feb. 1,1897
3
New York. Office.
Q.-J.
Nov. 1, 1873
7 g. A. A O.
London.
Oct.10,1884-97
7
J. A J.
New York, Office.
Jan. 1, 1903
7 g. J. A J. New York and
London. July 1, 1892
F. A A. N. Y., T. W. A W.
7
RR.
Feb., 1900
M. A N.
lkj
Philadelphia,
Office.
Nov. 30, 1878
6
J. A J.
do
do
Jan., 1880
6
Q.-J. Philadelphia A London.
1910
5
A. A O.
Philadelphia.
Annuallv.
6
Q.—21. Philadelphia A London. June 15,1905
6
J. A J.
Philadelphia, Office.
1881
6 g.

1,915,000
6,733,800

1,000

....

355

-

3*2

112,000

....

1,000

A J. Now England Trust Co.
.Tan. ft. 1
M. A S. Boston, N. E.
Trust Co. March 1, 1897
J. A J.
Boston, Office.
July 10,1876
A. A O.
do
Apr. 1, 1878
J. A J.
do
Jan., 1879
M. A S.
do
Mar., 1990
J. A J.
do
1897

7
7

3,864,000

100
500 Ac.

1877
1877

,

•

£200

1,000
1,000
1,000

58A64 500 Ac.
1876
1,000

Panama—Stock

1st mortgage
Gen. M., Ph. to Pitts.,
coup., J. A J.; reg., A. & O.
State lien (pay’ble in annual inst’lm’ts of
$460,000)
Consol. M., coup. J. A D., &
reg. Q.—M. is. f. 1 p. c.)
Navy Yard bonds, reg
Car Trust bonds (sinking fund 10
per cent)

4,030,000
174,000
6,545,850

1,000

....

154,000
392,000
446,000

J.

20,000,000

1,000

1870
1865
1866

....

....

....

....

28^
35
35

1,000
100
100

228
269

Colony—Stock

3,077,000
2,000,000

1,000

1862
1868
1868
1871
1873
1874

5
6
2
4
8
8
6

400,000
'

discovered in these Tables.

INTEREST OR DIVIDENDS.
Bonds—Princi¬
pal, When Due.
Rate per When Where
Payable, and by Stocks—Last
Cent.
Payable
Whom.
Dividend.

$2,604 400

100
100

1869
1870
1877

....

BONDS,

notice of any error

Amount

.

....

AND

A. A 0.
F. A A.

*

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

J.
J.
J.

2*s

2,700,000
10,649,000
6,999,000

1896

June, 1906
Aug., 1878
July 1, 1994
Oct.

1,

1900

Apr. 1, 1397
June 1, 1913
Jan., 1872

Jan., 1879-’9S
1902

Jan., 1379
Jan., 1900
Oct., 1391

do
do

....

Philadelphia, Pa.
do

A
A
A
A
A
A
A
A
A

D.
D.

do

Oct. 1, 1897
T. Co. March 31,1881
do
July 1, 1883

do

Philadelphia A London.
Philadelphia, Office.
do

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

RR.

Phila., Pa. Life A

Q.-J.
Q.-J.

6
J.
6
J.
5 g. J.
6
J.
7
T.
6
J.
7
A.
7
J.
6 g. 'J.

134,400

do
do

A J.
A. A O.
A. A 0.
J. A J.
J. A J.

1,510,500

1,135,300

June 1,

Philadelphia, Office.

J.

3*2

967,200

do

July 1, 1903
July 1,1903

....

1,551,800
79,000
182,400

A A.
Philadelphia, Office.
A O.
do
do
A D. Pliila., B’k N. America.
A D.
do
do
A A. N. Y., Chic., R. I. A
Pac.
A J. N. Y., Imp. A Trad. B’k.
A O.
do
do
A O.
Pliila., 227 S. 4th st.
A D.
do
do
A J.
A J. N.Y., Lancaster, B.AC’o.
A J.
A J.
A J.

Oct., 1373

Philadelphia.

do

J.
J.
J.

....

4
7
6 A 6 g.
7
6 g.

Pittsburgh, Co.’s Office.

do
do
London.
do
do

i

do
do
do

Philadelphia, Office.
do
do

do
do

July, 1920
Jan.25,1876
July 25,1876
July, 1380
July, 1386
July, 1880
July, 1830
July 1, 1382
July 1, 1393
Oct.

1, 1393

June, 1911

Philadelphia A London.

June, 1911

Paris & Danville.—Of these
bonds, $450,000 were
given for coil mines at Danville, which are covered
(1,230 acres) by the mortgage. Was sold in fore¬
closure Oct. 23, 1878. (Y.
26, p.

Pennsylvania & Delaware.—The lease of this road
per annum on cost.
to the Pennsylvania Railroad
was ratified in 1874.
per annum.
Gross earnings in 1877-8,
Previously operated under temporary lease.
$666,'383; net
income, $276,507. (Y. 23, p. 548 ;V. 27, p. 537.)
592; Y, 27, p. 358,
437, 629, 633.)
Pennsylvania <£ New Tori*.—Operated in close
Ogdensburg & Lake Champlain.—Leased in March,
connection with the
Paris & Decatur.—Consolidation. Now
Lehigh
Net earnings
1370, to Vermont Central, but lease failed and
Illinois ! 1875-6, $698,109. Dividend of Valley.
10 per cent paid on
Midland. (V. 19, p. 351: V. 21, p. 613.)
erty revetted to owners April, 1S77. Gross prop¬
preferred stock of $3,500,000; common stock
earn¬
Pekin
Lincoln <& Decatur.—Leased to
is
ing's, 1877-S, $528,252; net earnings. $253,176. (V. 25
Toledo, $1,061,700. (Y.24, p. 110.)
Wabash A
1G0 years at 10 per cent
Dividends paid of 10 per eent

p.

39, 237, 433; V. 27,

p.

14, 20J, 333.)

Ohio & Mississippi.—'There are also
$97,000 of old
1st mortgage 7s, W. Div.,
yet out. Tne company
purchased the Springfield Road,
March, 1875, for
$2,000,000 in bonds secured on that road. Nov.

1876, receivers

were

King

17,

appointed, and afterwards Mr.

was made sole receiver.
Receiver’s last re¬
port in V. 26, p. 214.
lnterestk/or. 1st mortgage
paid some months after it &mes due.
(V.
26; pT 135. 112, 214, 265. 368,392, 496, 5
23, (25; V.

Western. Sold in foreclosure June 10,
1876, and reorganized. In 1876-7 net
earnings were
$54,142. (V. '22, p. 247; V. 23, p. 100;
V.

Pemna & Bureau Valley.— Leased
perpetually to
Chicago, Rock Island & Pacific at $125,000

Pennsylvania.— The report for 1877 is given in Y. 26,

Peoria Pekin & Jacksonville.—In
year ending June
30, 1877, there was a deficit in
Receiver appointed April, 1878. earnings of $2,518.

26,

290.)

p. 238, and shows surplus net income of
$1,020,398 after paying all possible
charges and 3J4 per
cent dividends. In
1874, by the

report of the
guarantor

is

Investigating Committee, the liability as a
of

27, p. 42,143, 173, 23!, 304, 381,
437, 462, 487, 514, 539,
628.)

or

Old'
penses

Colony.—Net income

and interest,
$407,435 in 1876-7. (V.

over

operating

ex¬

$406,423 in 1877-8, against
25, p. 48 2; V. 27,
Omaha & Northwest.—Road was sold p.in'537.)
fore¬
closure Oct. 24, 1873. (V.
22, p. 79; V. 23, p. 175; Y.
27.. p. 42, 462, 514.)
Oregon <£ California—After default in 1S73 com¬
promise made with bondholders. Gross
1877, $785,373; net, $332,546. In 1877 aboutearnings
3'67 per

p.

principal and interest

annual

was

on

$33,933,600 bonds;

liability additional, on guarantees of interest
rentals, $13,862,319, and probably there has been
no
great

change since.

A scheme to buy ud the
company’s guaranteed securities with $100,090
per
month from earnings, and issue a
4per cent scrip to
stockholders for the cash so used, was
adopted by
stockholders on March 26,1878. The
following
is a
statement for two years on all lines east
of Pitts¬

burgh:

Gross
1877

Earnings.

Net

Earnings.

$31,117,146
$10,184,417
36,891,060
12,834,385
(V. 26, p. 18, 95,
Oswego & Rome—Operated by the Rome, Water- 549; V. 27, p. 42, 166, 217, 238, 265, 277, 315, 420,
97, 200, 304, 332, 384, 437, 487, 514,
town & Ogdensburg
at 8 per cent on $300,000 stock, 567.)
and interest on first
mortgage bonds.
Pennsylvania Company.—The Pennsylvania Com¬
Oswego & Syracuse.—Leased to Del. Lack. & West,
lor interest on bonds and
pany is a corporation distinct from the Penn. Rail¬
9 per cent on stock.
road, and operates all the leased lines west of Pitts¬
Paducah «fc Elizabeth1 own. —This
after sale of Louisvi le Paducah & S. road organized burg. The stock is owned by the Penn. Railroad.
W.; has bonds In 1877 the net
income over
outstanding as above. Net earnings 1877-8,
interest, &c.,
$58,067. was $385,095, and advances torentals,
(V. 26, p. 573.)
railroads charged off
$354,925. The registered bonds are secured
Panama.— Last statement, Y.
by de¬
26, p. 341. (V. 26, posit of $4,009,000
P- 217, 341,
of Pitts., Fort Wayne &
625, C53.)
Chicago
special stock.
cent

was

358,437.)

paid

on




bonds.

(V. 26, p. 338; V. 27, p.

........

1876

.

(V. 25, p. 261.)

-

per year.

Perkiomen--Leased

Int. on consol,
moitg.,
& R. Company.

to

Philadelphia

paid one-half

in

& Reading.
scrip of P.

Petersburg—Receiver appointed. May, 1877.
p.

(V.
41, 523, 653.)
Philadelphia & Baltimore Central.—Operated for
some time past in
Pennsylvania, by trustees of first
mortgage bondholders.
Phil., Wil. & Balt, largely
interested. (Y. 23, p. 526.)
Philadelphia & Erie.— Leased February, 1862, for
999 years to Peun.
Railroad, but without any guar¬

26,

antee of bonds.

Gross earnings,
1877, $3,172,992;
earnings, $1,121365. Net deficit after paying
interest, Ac., $264,185. (V. 22, p. 206; Y.
24, p.
138, 248; V. 26, p, 166, 241.)
net

Philadelphia dk Reading.—The report for
is
given at length in Y. 26, p. 65. President1875-7,
Gowen
reviews the year 1877, and
gives the facts bearing

upon the Company’s financial condition and
pros¬
pects. The trustees of the general
the mortgage of the Coal & Iron mortgage bold

In
March, 18<7, propositions were made Company.
and accepted,
by which holders of general
mortgage bonds and

Perkiomen guaranteed bonds receive one-half
their
coupons, for three years, in
five-year 6 per cent
scrip; and holders of convertible and debenture
bonds take 6 per cent
scrip in payment of their
coupons for five years, The scrip is

coavarRbla

JLiAILKOAD

XXVI

AND

STOCKS

Subscribers will confer a great favor by giving immediate
DESCRIPTION.

Date
of
of
Road Bonds

notes

Philadelphia <& Beading— ( Continued i—

779

'

Coal & Iron Co., guar. mort. (for $30,000,000).
do
debentures, guaranteed
Philadelphia <£ TrenIon—Stock

745
750

..

26
34
112
95

Philadelphia, Germantown <£• Norristown—Stock
Philadelphia, Wilmington <£• Baltimore—Stock
1st mortgage, convertible
Plain bonds, loan
do
do
do
do

149
10
149
200
200
117
33

Pittsb. <& Connellsville.—1st mortgage
do
Turtle Creek division
1st
Consol, mort., guar. B. & O. (8. f. £7,200 pr. yr.)..
Pitta., Ci <£ St. L.—1st m., cons, (for $10,000,000)
2d mortgage

reorganized...

468
468
468
468
468
468
468
468
468
468
468
468
468
468
468

Pittsburg, Ft. Wayne <£ Chicago—Stock, guar
1st mortgage (series A)..
do
B
do
1st
C
do
do
1st
T>
do
do
1st
E
do
do
1st
F
do
do
1st
G
do
do
2d
H
do
do
2d
I
do
do
2d
K
do
do
2d
L
do
do
2d
do
M
do
2d
do
3d
..

,.

all cou¬
Bonds
pon, but may.
be made paya-"
ble to order.

..

..

.

.

.

..

..

..

-

Equipment bonds (renewed)
Pittsb. Titusville <£• Buff.—1st mort. (W. & F.RR.)..,.
1st mortgage (Oil Creek RR.)
1st mortgage (Un. & Titusville
New mortgage (Pitts. T. & B.)

50
38
25

RR.)

Funding income bonds (P. T. & B.)
Pittsb., Vu. <& Charleston— 1st mortgage, gold
Portland <£• Ogdensb.—1st mort., E. D., gold
New mortgage (for $3,300,000).
1st mortgage, Vermont Div., gold
Portl. it Rochester—1st mort., s. f. (Portl. loan) “A’'.
1st mortgage, equal lien
2d
do
(Portland loan) sinking fund, “B”.
Portland. Saco <t Poi'tsmouth—Stock
1st mortgage, gold

C.)—1st mortgage, convertible, gold.
Portsmouth, Gt. Falls <t Conway—Stock
Bonds (not mort.) guaranteed by Eastern RR
Port Royal (S.

120
30
90
80

52*2
52 hj
52*2
52
52

11134
71
71
67
44

Providence <t Worcester—Stock
First mortgage bonds
New bonds

Size, or
Par

1st mortgage, consolidated (for $2,000,000)
Richmond <t Danville—Stock
State sinking fund loan
Bonds, guaranteed by State
3d mortgage, consolidated, coupon or registered.
New general mort., gold (for $6,000,000)
Piedmont branch, 1st mortgage
Northwestern, N. C., 1st mort., guar

1871
1873
1873
1874
1876
1877
1877
1872-4
1872

$1,000

10 &c.
90 &c.

97
39
39

50
50
500

.

41
181
79
199

1871

i.42
49
29

Coupon bonds of 1881

—

three years is as

fellows:
1874-5.

Net earnings

1875-6.

1876-7.

$12,660,927 $12,227,511 $12,! 49,910
8,130,159 8,510,350 7,751,69a
$4,530,768 $3,717,161 $4,391,217

(V. 25, p. 592, 641; V. 26, p. 65, 84, 166,217,316,
393, 445, 496, 575, 653; V. 27, p. 122, 223, 332,437,540.)

Philadelphia & Trenton.—Leased to Pennsylvania

Railroad with United New Jersey companies at 10
per cent on stock.

Philadelphia, Germantown & Norristown.—Leased
999 years to Philadelphia & Reading at 12 per

or

cent, on stock.

Philadelphia, Wilmington & Baltimore—Net earn-'
ings, year ending Oct. 31, 1877, $1,U3,425, leaving a
surplus income of $98,921 above payment of all
charges and 8 per cent dividends.
Last annual
report in V. 26, p. 191. (V. 25, p. 133.)
Pittsburg & Connellsville.—On Jan. 1, 1876, a trans¬
fer was made by City of Baltimore to Baltimore &
Obio Railroad for $1,000,000, and the consolidated

mortgage made for £2,200,000, and guaranteed by
B. & O.
Gross earnings 1876-7, $1,388,434; net

£406,418. (V. 24, p. 135.)
Pittsburg, Cincinnati & St. Louis.—This company
itself controlled by the

leases several roads and is

Pennsylvania Co., which holds a majority of the
capital stock. Common stock, $2,508,000; Jst pref.,
$2,928,600; 2d pref., $3,000,000. Gross earnings in
1877 of road proper

$3,097,962; net, $1,075,049;

sur-

Slus
Loss
interest, &c,,
on p.leased
&c.. $433,926.
(V. $302,141.
25, p. 619;
nee, over
V. 26,
200,
445, 496, 523; V. 27, p. 97, 200,

304, 409, 567, 629, 653.)

PMsfrrg, Port Wayne <ft Chicago.—This road



1870
1875

315,933
1,583,000
800,000
1,577,960
2,300,000
700,000
350,000
450,000

1,500,000
500,000

2,500,000
770,000
486,000

100

4,000,000

1,000

508,486
111,700
1,767,500

1,728,000
500,000
500,000
67,778

....

1,008,600

1

7
7
7
7
7
7
0
6
6
6
7
6
3
6
7
3
6
2
6
6
7
7
7

500,000

1,925,000

1,000 1

8

1,155,000

1,000

100

25

(See V. 24, p. 299 )

100,000

7,000,000

1873

7
7
7
7
7
7
7
7
7
7

1,000,000
1,500,000
■580,000

299,917
450,000

Richmond it Petersburg—Stock
1st mortgage, coupon

.

When 1 Where Payable, and by
Payable j
whom.

175,000
31,000

•

•

•

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

& D
Philadelphia, Office.
& J.
do
do
& O. Philadelphia or London
& J. London & Philadelphia.
& D.
Philadelphia, Office.
& J.
do
do
J. & J. London & Philadelphia.
Various
do
do
M. & S.
Philadelphia, Office.

Bonds—Princi¬

pal, When Due.
Stocks—Last
Dividend.

g.
gg.
g-

g.
g.

•

4

7
...

6
6
6
6 g.

June, 1911

Jan. 1, 1893
Oct. 1, 1897

July 1. 1908
Dec. 1, 1896
July, 1882
July, 1882
1892 to ’94
1892
Jan. 9, 1879

Philadelphia, Office.
Q.-J.
Q.-M. Phila., Treasurer of Co. Dec. 3, 1878
J. & J. Philadelphia & Boston. July 2, 1878
J. & J.
do
do
July, 1884
A. & O.
do
do
April, 1887
A. & O. Phil’delphia, Co.’s Office Oct. 1, 1892
A. & O.
do
do
April 1, 1900
J. & J. Balt., Balt. & Ohio RR.
July, 1898
F. & A. Pittsb., First Nat. Bank Aug. 1,1882
J. & J. London, J.S.Morgan&Co Jan. 1,1926
F. & A.
A. & O.

M’nthly
& J.

J.

Q.—J.
Q.-J.

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

7
7

2,000,000

100

-

1867
1874

1%
7
7

860,000
860,000

500,000
650,000
658,000
650,000
350,000
1,500,000

10

1%

860,000

1,000

1,000

2^2
3
4
6
6
6
6
7
6
6 g.
7
7
6
7

£60,000
860,000

2,000,000

100 &c.

7
7

265,000
1,000,000
700,000
800,000
4,000,000
326,600
6,500,000
6,222,000
2,500,000
3,000,000
775,000
19,714,285
5,669,327
875,000
875,000
875,000
875,000
875,000
875,000
860,000

100

1864

6

11,561,250

1858
1867
1,000
1872-4
1,000
1875
1,000
1868
1,000
100 &c.
1859
1876
£200
1868
1,000
1873
1,000
1864
1,000
1864
1,000
100
100
1871
1862
500 &c.
1862
500 &c.
1862
500 &c.
1862
500 &c.
500 &c.
1862
1862
500 &e.
1862
500 &c.
1862
500 &c.
500 &c.
1862
500 &c.
1862
500 &c.
1863
1862
500 &c.
1862 500 <fec.
1857
1,000
1874
1,000
1865
1,000
1862
1,000
500 &c.
1870
100 &c.
1876
100 &c.
1876
1,000
1870
1871
100 &c.
1871
1867-9 500 &c.
500 &c.
1870
500 &c.
1871
100
1876
1869
1,000
100
500 &c.
1872

1873
1862

7
6

1,708,000
13,036,500
1,731,000
1,259,100
2,231,900

1,000

ioo

1870

6 g.
7
6
6 g.

19,686,000
1,803,000
2,820,000

Dollar loan

Gross earnings..
Op. expenses

Rate per
Cent.

$968,000
10,499,900
9,364,000

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

Rich’d, Fredericksburg <t Potomac—Bonds, ster

into income mortgage bonds*.
A comparison of statistics for

Amount

Outstanding

Value.

1877

Raleigh <t Gaston—1st mortgage
Reading <t Columbia—1st mortgage, coupon
2d mortgage, coupon
Reading <t Lehigh—1st mortgage (Berks Co. RR.)..
Rensselaer it Saratoga—Stock

New mortgage

notice of any error discovered in these Tables.

€

Consolidated mort., dollar loan, gold, coup, or ieg..
Debenture loan (convertible 1876-92), coup
Improvem’tmort., $ or £, sink’g fund, coup
Gen. mort., $ and £ (sink, fund 1 p. e. yearly) —
Income mortgage (for $10,000,000)
Debenture and guar, bonds, 6 per cent cur’cy scrip
Gen. mort. and Perkiomen 6 per cent ster’g scrip

1st mortgage, Steubenville & Ind.,
Col. & Newark Division bonds

|T©l. XXVII.

INTEREST OR DIVIDENDS.

Miles

For explanation of column Leadings, &c., see
at the head of first page or tables.

BOND?.

& J.
& A.
& S.
& O.
& N.
& D.
& J.
& A.
& S.
& 0.
& N.
& D.
A. & O.
J. & J.
M. & S.
F. & A.
A. & O.
J. & J.
F. & A.
F. & A.
A. & O.
J. & J.
M. & N.
M. & N.
J. & J.
A. & O.
Various
J. & J.

Aug. 1, 1900
April 1, 1913
N. Y. ‘Agent, 57 B’way.
May, 1884
Phila., Pa. RR. Office.
Jan., 1890
N. Y., Winslow, L. & Co. Jan. 2, 1879
do
Jan. 2, 1879
do
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do.
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
do
July 1, 1912
do
Jan. 1, 1887
do
do
Mch. 1, 1884
do
Feb. 1, 1896
Philadelphia, Office.
do
do
Apr. 1, 1882
do
do
July 1, 1890
do
Feb. 1, 1896
do
do
Feb. 1, 1896
do
April 1, 1902
Philadelphia.
Boston, First Nat. Bank
Jan., 1900
do
do
Nov., 1901
New York and Boston.
.May, 1891
Boston, Columbian B’k. July 1, 1887
do
do
Oct. 1, 1887
do
do
Sept. 1, 1891
Phila., Pa. RR. Office.
do

do

Boston, Office.

do
do
N. New York and London.
J. Best., Eastern RR. Co.
D.
do
do
J.
Providence, Office.
do
J.
do
do
do

July 10,1878

....

M.
J.
J.
J.
J.

&
&
&
&
&

....

M. & S. N. Y., Union Nat. Bank.
J. & I). Columbia, First Nat.B’k
....

J. & J. N. Y., Nat. B’k Com’rce.
M. & N. N.Y., Del.& H.Canal Co.
....

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

1889

July 15, 1873
Dec. 1, 1892
July 1, 1878
July 1, 1880
1897

Jan., 1898
Mch. 1, 1882
June, 1884
Nov., 1902
Jan.

2, 1879

Nov., 1921
....

Richmond, Office.
do
N. Y., City Nat. Bank.
do
do

8
6-70 A.. & O. New York or Richmond
London.
6 g. T. & J.
6 & 7 ' Various
Richmond, Office.
T. & J.
do
8
J. & J.
2
Richmond, Office.
do*
A. & 0.
do
8
M. & N.
do
do
7
....

....

Nov. 1,

1880
Jan. 1,1875
1878 to ’90
....

1888
1875
1875
1881-’90
Jan. 6, 1879
1880 to’86

May 1, 1915

Pert Royal.—The Georgia Railroad guarantees
July, 1869, for 999 years, to Pennsyl¬
Railroad, at a rental equivalent to interest, $500,000 of these bonds; sale in foreclosure was
sinking fund of debt, and 7 per cent on $19,714,286 made June 6, 1878, to Union Trust Co. for $500,000.
stock, which was increased at that time from (V. 25, p. 90; V. 26, p. 95, 496, 654.)
$11,500,000. The lease was transferred subsequently
Portsmouth, Great Falls <fe Conway.—Opened in
to the Pennsylvania Company. The lessees to keep
the road in repair, and also pay taxes, expenses, 1872, and leased to Eastern Railroad, Massachu¬
New 4)4 per cent bonds for $1,000,000
etc. Pittsburg, Fort Wayne & Chicago leases the setts.
Newcastle & Beaver Valley and the Lawrence roads ; authorized, and new contract of lease. (V. 27, p.
which in turn are leased again by Pennsylvania Com¬ 15,97, 115,228.)
New stock of $5,669,327, issued to' Penn.
pany.
Providence <Sb Worcester.—Net earnings year end¬
Railroad for improvements, &c., is under article 16
ing September 30, 1878, $279,835; no:es payable,
of lease. Net earnings, 1877, $2,956,146; profit to
$668,241. Mortgage bonds for $2,000,000 authorized.
lessee, $154,022. Sinking fund for brnds amounts to (V. 25, p. 476; V. 26, p. 94; V. 27, p. 537.)
$2,157,755. (V. 22, p. 588; V. 24, p. 516; V. 26,
p. 523.)
Raleigh & Gaston.—Net earnings 1877—8, $107,185,
Pittsburgh Titusville & Buffalo.—This was the Oil against $85,749 in 1676-7. (V. 27, p. 94.)
Creek & Allegheny River road. Sold in foreclosure
Reading & Columbia.—This road is operated and
and re-organized Dec. 29, 1875. Defaulted August, controlled
by the Philadelphia & Reading Railroad.
1878, on consol, bonds. (V 25, p. 39; V. 27, p. 137.) Floating debt, $1,093,494.
was

leased

vania

Pittsburg Virginia & Charleston.—Of these bonds
Reading & Lehigh.—This was the Berks County
Pennsylvania Railroad owns $500,000. Net earn¬ road; sold out, and leased to Philadelphia <to
ings, 1877, $34,640.
Reading, March, 1875, for 99 years. Foreclosure
Portland rfe Ogdensburg.—The two divisions were suit begun in Feb., 1878. (V. 20, p. 63, 267; V. 26,
consolidated March, 1875, as one company.
In p. 266.)
March, 1876, Company passed • the interest on
Rensselaer & Saratoga.—Leased May 1, 1871, to
its bonds, and funding proposals were offered. Re¬
Delaware & Hudson Canal Company, which pays in¬
ceiver appointed October, 1877. and foreclosure suit
terest on bonds and 8 per cent on stock.
(V. 25, p.
is pending.
Report of committee and plan of re
organization, V. 26, p. 575. (V. 26, p. 41, 81, 9-J, 615; V. 27, p. 602.)
575; V. 27, p. 540.)
Richmond & Danville.—Gross earnings 1877-8,
Portland & Rochester—Interest in default, and $942,£85; net, $310,947. This company leases the
North t arolina Railroad and the Piedmont Railroad,
receiver appointed in January, 1877.
The report
for year ending August 31, 1877, shows gross earn¬ and controls the Char. Col. & Aug. (V. 26, p. 115;
V. 27,p. 409, 650.)
ings, $133,896; expenses, $111,820. (V. 23, p. 354,
377; V. 24, p. 170; V. 25, p. 333.)
Richmond, Fredericksbura & Potomac. — Grow
earnings 1877-78, $314,272; net earnings, $154,098..
Portland, Saco <fc Portsmouth—Leased March 18, (y. 27,"p. 68, 85, 566.) .
1871, to Eastern Mass. Railroad for 99 years at 10
Richmond & Petersburg.—Gross earnings year
per cent per annum; modified Dec., 1875. to 6 per
cent for two years. (V. 21, p. 372, 434, 592; V. 22, p
ending Sept. 30,1877. $137,116; net, $47,271. (V. 22,
p. 15; V. 24, p. 62.)]
568; V. 24, p. 445, 5*2.) ;
the

December 28,

RAILROAD STOCKS AND BONDS.

1878.]

Subscribers will confer
DESCRIPTION.

a

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

Miles Date Size, or
For explanation of column
headings, Ac., see notes of
of
Par
at the head of first page of tables.
Roacl. Bonds Value.
Rochester <£•
Line—1st mortgage
Rome, Watertown & Ogdensburg—Stock
1st sinking fund rnort., Wat. & R
General mortgage, sinking fund
2d mortgage
Consol, moft., convert, till
July, ’79, coup

109
409
97

r

Rutland—Stock,

common

Preferred stock

Equipment mortgage bonds

do
do
General mortgage

New mortgage in exchange for
equipment bonds
St. Joseph d- Western— 1st M, St. Joseph A
Pacific.,
Kansas & Nebraska, 1st mortgage
St. Louis, Alton & Terre Haute—Stock
Preferred stock (7 per cent
yearly, cumulative)
1st mortgage (series A) sinking fund.
"
1st mortgage (series B) sinking fund..
2d mortgage, preferred (series C)
.

2d
2d

mortgage, preferred (series D)
mortgage, income
Equipment mortgage

o ~

Evansville Henderson & Nashville, 1st mort
St. Louis Vandalia <£ Terre Haute—1st M. s. f.
guar
2d mort., sink, fund ($1,000,000
guar.)
St. Paul dc Duluth— Preferred 7 per cent
stock.....
Common stock
St. Paul <£• Pacific—First Division¬
's
f 1st M., 10 miles, St. P. to St. Anthony
•= !
2d M., St. Paul to Watab. ($700,000)

[

p;
•

c

~

•

to Watab. ($1,200,000)

Consol, land gr’t
do
($2,800,000)
1st M., St. Anthony to 150 miles west
2d M.,& 1st 1.g.,St. A. to
150m.W.($3,000,000)
3d M.,1. gr. on 150m. W. of St. A. A 1st M. on
60m.

with 1. gr. ($6,000,000)
St. P. to Breckenridge, 2d on I’d gr.,

more

4tli M.,
150m. ($3,000,000)
St. Paul d- Pacific—1st mortgage bonds
St. Paul (£■ Sioux C.—Pref. stock, (Div. on
Common stock

$475,000)

Saginaw Valley d- St. Louis.—1st mortg., coup
Sandusky Mansfield <£■ Newayk—Re-organized stock
1st mortgage, new
Savannah & Charleston—C. & S.„ guar,
by S. C
Funded int. bouds, S. & C. RR., guar.
bjr S. Car...
1st mortgage, Savannah & Charleston RR

Savannah &

Memphis—1st mortgage

Schenectady d Duanesburg—1st M., guar. D. A H..
Schuylkill Valley—Stock
Scioto Valley—1st mort. (s. fund $13,000
per year).

Seaboard <£• Roanpke—Stock
1st mortgage
Selma & Gulf—1st mort., guar, by Alabama
Selma Rome d: Dalton—1st mortgage...
2d mort., Alabama & Tenn. River RR
General mortgage for $5,000,000
Shamokin Valley d: Pottsville—Stock
1st mortgage, gold, on road and lands
Sheboygan <£• Fond du Lac—1st mortgage
1st

207
....

....

....

....

....

686
210
210
686
100
72
300
525
354
354
293
....

....

towards its coustructior..

Rome, Watertoicn & Ogdensburg —The last report
shows gross earnings in 187G-7 of
$1,255,271; ex¬
penses, $912,134; net earnings, $313,186. Default was
made on coupon* consol, bouds
Apr!1, 1878. (V. 22,
p. 493; Y. *0. p. 334.)
Rutland.—Formerly leased to Verm-nt
Central,
rental, and lease annulled.

A

1855
1861
1872
1874

1,000
1,000

...

....

1870
1870
1872
1878
1876
1876
....

....

1864
1864
1864
1864
186 4
1870

100
100

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

1,000
500 Ac.

1,000
1,000
500 Ac.

1865
1874
1868

500 Ac.
500 Ac.
....

1872
1867
1867
1863

500 Ac.

10
76
76
76
150
150

1862
1862
1862
1865
1864

1864

210

1,000
1,000
1,000

1,000

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

3*28
7
8
8

F. A A.
M. A N.
M. A S.
M. A N.

7
7

J.
J.

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

6,000,000
3,000,000
7,194,500
293,200
2,476,000
2,295,000
350,000

1876
1876

7
3
7
7
7
7

4,250,000
2,479,700

1,000

1876

Bon ds—Princi¬
pal,
when Due.
Rate per When Where
Payable, and by Stocks—Last
Cent.
Payable
Whom.
Dividend.

366,007
975,107
1,000,000

24,000,000

1,000

INTEREST OR DIVIDENDS.

$2,180,000
3,147,600

100

1,000
1,000

500 Ac.
100 Ac.

1874

Outstanding

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

100

1867
1872
1874
1870
1872
1870

Amount

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

1,000

1,000

2
7
7
7
7
7
10

7
7
7
7
7
7

gross

earnings

were $953,The Belleville Br. and

570, against $1,072,403 in ’76.
Extension earned net in 1S77, $131,540.

1869

....

80
40
100
100

1851
1870

....

....

....

....

....

1871
1864
1871

1,000
....

8

750,000

850,000

8

....

50
500 Ac.

312
7
7
8
7
3
7 g.
7

....

....

212
7

3,000,000
869,450
1,994,000

rather than to pay bonded interest. As to suit
&
the U. S. Circuit Court of
Missouri, see Y. 27, p.
35S, 409.
(V. 26, p. 2 8 7, 342, 368, 625; Y. 27, p.

358, 384, 409.)
St. Louis, Kansas City A Northern.— Half the
stock
is
pref., 10 per cent yearly, but not cumulative.
Gross earnings in 187?, $3 147,173; net,
$1,250,773.
Floating debt p utly retired with second mortgage
bonds. (Y. 24, p. 90, 272; V. 26,
p. 6S, 288, 471;
V. 27, p. 332, 4SS, 515.)
St. Louis

23, p. 549; V'. 24, p.
V. 27, p. 229, 488.)

Jan. t, 1879. (Y.

293, 322; Y. 26,

p.

2<i3, 304;

St. Louis, Vandaiia A Terre Haute.—The
com.
stock is $2,383,315; pref., $1,451,700.
This road is
leased to Terre Haute A
Indianapolis at 30 per cent
of gross
earnings. In

1877gross earnings, $1,118,470.

Bonds guaranteed by Terre Haute &




Coupons

Indianapolis,,

do
do
do

do
do

do

S.
J.
D.
D.
A.
N.

i, i.878

1894

1894
1894
1894
1894
1380

do

do

do
do

do
do

do
do

Aug. 1, 1892
May 1,1897

April 1, 1914
June 1, 1897
June 1, 1897
Jan. 1, 1891

Not. 1,
Not. 1,
Not. 1.
Jan. 1,

Y., G. Opdyke A Co.
do

1906
1906
1906

1884

Nov., 1894

do

Aug.. 1902

A J.
do
do
J. A J. N. Y., Third Nat. Bank.
M. A N.
do
'
do

116
116
101

by Columbus. Chicago & Indiana Central, and Pitts¬
burgh, Cincinnati & St. Louis. (V. 24, p. 110; V.
were passed.
p. 165.)
651; V. 27, p. 17, 140, 437, 26,St.
Paul <ft Duluth.—This is the Lake
454, 488, 603.)
Superior &
Mississippi reorganized. Preferred stock is receiv¬
St. Louis, Iron Mountain A
Southern.—There are able for lands. Land
grant, about 1,600,000 acres.
also $663,000 of Cairo & Fnlton
Income bonds. (V. 27, p.
147.)
Gross earnings, 1877,
$4,500,422; net, $2,131,901. In
St. Paul (ft Pacific, First Division.—The 3d
1875, the company funded three coupons on all of
mortg.
$6,000,090 has the additional security of the
bonds exGbpt the old firsts, but when
coupons
fell
$1,500,000
first
due Nov., 1876,
mortgage bonds held by its trustees.
they were paid only in part. Half Interest in default
since June, 1872, on all the issues
interest dnly is paid on the
mortg.
bonds,
except
except the first and second mortgages on Branch
the 1st mortg. St. L. & I. M.. which
is paid in full. Line,' but certain
payments made In May, 1877.
The net earnings have been
applied to floating debt Suits of foreclosure are in
progress, and the rail¬
fine August, 1878, on 3d mort. bonds
IV. 26, p. 417, 614,625,

A A.

i872

1876

do
do
do

do

F.
J.

3H2

11

Y., Office 12 Wall st.

N.Y.,Nat Bkof Com’rce July 1, 1895
do
do
Sept. 1, 1904
N. Y„ Trask A Stone.
July, 1888

7 g.
7
7
7

7
7
2
8
8
2
7
6
7
7
8 g6

98
80

N.
N.
A N.

A
A
A
A
A
A

Feb.

®

Q-J.

1,000
1,000

14*2

19—
19—

V

•

M. A N. N.

7
7

Nov. 1,1902

New York.

7 g.

8
7
7

May 1, 1880
Sept. 1, 1880

J.
S.
J.

1870
1871

1868
1869
1870
1874

do

i.875

Feb. 2,

do
do
do T

A
A
A
A
A

7

101
60

do
do

J.
M.
J.
M.
M.
M.

5,700,000

1853

Boston, Treasurer.

A. N.Y.,Office 20 Nassau st
N. New York or London.
O.
do
do
D. New York, Co.’s Office.
D.
do
do
J.
do
do

220
140
121
121

....

•

Dec. 1, 1891

July 1,1904

A
A
A
A
A
A

7

....

•

July 1, 1902
July 15,18751
Sept. 1, 18801
Jan.1,1892

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

250 Ac.

....

do

J. N.
O.
A.
N.
N. ^
S.

10

.

This was guaranteed by thiee other
companies; see
Y. 26, p. 614,651. In 1877,

g.

2 Ac.
2 Ac.

,

Louis, Alton A Teire Haide.—The main line—
Terre Haute to E.Sf. Louis and
Alton Branch—was
leased June, 1867, f<jr 9t)
years, to Indianan. & St. L.
at 30 per cent of
earnings (but $450,000 a minimum).

g.

6 g.
6

A San Francisco.—This is the
re-organi¬
propositi m made to give 5 percent bonds in ex¬ zation of the Atlantic
& Pacific, sold in foreclosure
change for equipment bonds. (V. 27, p. 121* 253, Sept. 8, 1816. The Atlantic
& Pacific was a consoli¬
SSL 567.)
v
dation, in 1870, of the Atlantic & Pac. and So.Pacific.
St. Joseph & We~tern.—The St. Jo. ?nd Denver The land grant amounts to some
1,000,000 acres.
City was SQld in foreclosure Nov., 1875, and re¬ The interest on bonds “B ” and “ C ” i3 2 per cent
organized. The land grant of 300,eOO acres is in for 2 years, 3 for 3 years, 4 for 1 year, 5 for 1
year,
hands of trustees, for tlie benefit of the holders
of and 6 afterward. In 1877 gross earnings were $1,the land scrip of $2,250,000.
Gro«3 earnings of 313,953; net, $739,126, against $675,047 in 1876. (V.
roud in 1877, $537,''SB;
operating expenses, $o7-5.1)06; 24, p. 543; V. 25, p. 282, 457; V. 26, p. 241.)
rentals, &c., and taxes, *140,415. (Y. 24, p. 322, 469;
St. Louis <ft Southeastern.—In nands of receiver.
Y. 26, p. 2S9.)
Tenn. and Kv. Divisions to be sold
St.

g.
g.
g.

7
7

3,250,000
5,145,000
1,000,000
1,899,000
2,600,000
5,550,000
1,630,848

1,500,000
15,000,000
100
2,031,800
2,400,000
1,000
446,000
50
1,050,356
1,000
2,301,000
500
505,000
100 Ac.
111,800
500
500,000
1,000
2,423,000
100 Ac.
500,000
50
576,050
500 Ac.
1,300,000
100
1,350,400
1,000
210,000
1,000
16,000 p.m.
838,500
241,000

do

do

A
A
A
A
A
A

1868

1,000

do

A J.
A J.
•r

250 Ac.

250 Ac.
250 Ac.

A J.

A O.

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

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

1,000

A J.
New York.
A J. N. Y., Farm. L. A T. Co.
A S.
do
do
A D.
do
do

....

120,000
366,000
1,096,000
1,114,000
1,500,000
1,700,000

78*2

Salamanca, and Rochester City furnished $(,00,000

$1,00®
100
100 Ac.
500 Ac.

....

69-71

78 k)

Rochester & State Line.— Bonds sold in N.
Y.,
Road runs from Rochester, N. Y., to

1878

210
420
98
158
158
156
156

28
28

July, 1878.

on

115

....

mortgage extension

but default made

115

s

Consolidated mortgage, gold, sinking fund

1 3d M., land gr’t, St. P.

190
190
360
120
120
120
120
120

....

P
5 ©
St. Louis, Iren Mountain A Sm'thern—Stock
1st mortgage, coupon
2d mortgage, gold, coupon,
may be registered....
Cons. M. gold (s. f. after 1880),coup.,
maybe reg.
Arkansas'Branch, 1st mortgage, gold, land grant
Cairo Ark. & Texas, 1st mort., gold,
coup or reg.
Cairo A Fulton, 1st n ort., gold, or road and land
St. L. Kansas City <£ IV.—Stock
($12,000,000 pref.)
1st mortgage (North Missouri)
Real estate and railway 2d mort
St. L.& S.Francisco.—1st M. (So. Pac.),
g., (I’d grant)
2d mortgage bonds, A
do
do
B, gold
do
do
C, gold
Land debentures
Si. Louis tC Southeastern—1st M., gold. conv. s. fund

.*

xxvii

July' 1, 1897

Jail.

1.

1897

May 1, 1898

N.Y.,J.S. Kennedy A Co.
do
do
In default.
do
do
do

1331
1892
1892
1892
1894
1894

M. A N.

do-

1898

J.
J.

do
do

1900
1901

A D.
A J.

Q.-J.

St. Paul, Office.

Oct., 1876

J. A J.
M. A N. New York, 9th Nat. Bk.
May 1, 1902
IstN. Bk., Sandusky, O.
Oct. 1, 1875
J. A J. N. Y., Union Trust Co.
July, 1902
M. A S. Charleston, 1st Nat. Bk.
March 1, 1877
M. A S.
New York.
Sept. 1, 1899
J. A J.
do
Jan. 1, 1889
M. A N. N.Y.,Lancaster, B.A Co.
May
1, 1890
M. A S. Del. & Hud. Canal Co.
Sept. 1, 1924
J. A J.
Philadelphia, Office.
Jan., 1879
J. A J. N.Y., Winslow, L. A Co.
Jan. 1, 1896
M. A N. Phil.,Townsend,W.ACo.
Nov. 1, 1878
F. A A.
do
do
Aug., 1880
A. A O.
New York.
Jan. 1, 1890
J. A J.
New York, Office.
Jan. 1, 1872
J. A J.
do
'do
Jan. 1, 1864
A. A O.
do
do
April 1, 1887
F. A A.
Philadelphia,Treasurer.
Aug., 1878
J. A J.
do
do
July, 1901
J. A D.
N. Y., (In default.)
June, 1884
A. A 0.
do
do
....

October. 1896

road has been in possession of the trustees under
the mortgage deeds.
An important negotiation for
taking up the bonds has been consummated. (Y.

25, p. 114, 154,408, 424, 458. 641; V. 26, p.
2‘j6, 316,
342, 420, 575; V. 27, p. 42. 68. 149, 515, 653.)
Si. Paul (ft Pacific.—The road is in hands
Qf Re¬
ceiver of U.,S. Court, and the bonds are all
held in
Holiand. The mortgage is
being foreclosed. (V. 26.
p. 316, 342, 420, 436, 075; Y. 27, p. 42, 6*.
149, 515,653.)
St. Paul (ft Sioux City.—1This
company has 727.766
acres of land unsold.' (V. 24,
p. 298; V. 26, p. 548;
Y. 27, p. 171.)
Saginaw Valley A St Louis.—Has a traffic guar¬

by Michigan Central. Net' earnings* 1877,
$57,518. (V. 27, p. 304.)
Sandusky, Mansfield A Newark,—T\na road is
leased to the Central Ohio, and the lease
guaranteed
by Baltimore & Ohio. (V. 19, p. 584; Y. ;6, p. 290.)
Savannah A Charleston.—Road in hands of receiv¬
er and decree of sale made.
(Y. 22, p. 615.)
antee

Savannah A Memphis.—Defaulted after the crisis

of 1873.

Net

Schenectady

earnings, 1875-6, $16,118.

A Duanesburg.—Capital stock is
by the D.&H. Canal Co.,which runs the road.
Schuylkill Valley.—Leased to Philadelphia & Read¬

owned

ing, with 5 per cent dividends.
Scioto

Valley.—This new road, from Columbus to
Portsmouth, reports net earnings of $50,091 from
March 1 to Sept. 1, 1878. (V. 27, p. 653.)
Seaboard A Roaiwke.—TXet earnings year
eqnng
March 1, 1878, $167,928. Report V. 21,
p. 276.
Selma <fe Gulf—Interest in default. Foreclosure
sale pending. (V. 24, p. 299; V. 25,
p.335, 593; V27, p. 304.)
Selma, Rome A Daltort — This was formerly the
Alabama & Tennessee River. Interest
in default,
and
road to be sold. (V. 24, p. 566.)
Shamokin Valley A Pottsville.—Leased

1S63, to Northern Central,at 7 per cent
6 per cept on stock.

on

February,

bonds and

Sheboygan A Fond du Lac.—Defaulted 873. Grow
earnings, 1877, $100,011; net, $12,304. (Y. 24, P198, 345; V. 20, p. 521.)

BAILEOAD

Xxv in
Subscribers will confer

a

STOCKS

Shcnango <£• Alleghany—1st mortgage

32
50
50
105

Shore Line (Co?in J—Stock

mortgage, construction bonds

Sioux City & Pacific— 1st mortgage
2d mortgage (government subsidy)
Sioux City & St. Paul—1st mortgage,

-

-

-

1869
.

1865
'1868

«

....

122
124
23

gold, I’d grant
1st mortgage, currency, for $2,100,000
Somerset—1st mortgage, gold

South Carolina— Stock
1st mortgage, sterling loan
do
dollar bonds (L)
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. <6 No. Alabama—1st M., endorsed by Alabama.
Sterling mort., s. fund, guar, by L. &N
Southern of Long Island— 1st mortgage (S. Side)...
2d mortgage S. Side (1st inortg. s. fund)

242
242
242

1868
1868
1872
1866
1868
1870
1873
1867
1870
1874
1869
1872
1870
1868
1875

....

183

183
57
57

Mortgage bonds, Southern of L. I

G9
114
114
87
170
712
24

2d mort. gold ($400,000 end. by Lehigh V. RR.)'.
Southern Iowa <6 Cedar Rapids—1st mort., gold

Southern Minnesota—1st mortgage, construction...
Southern Pacific (Cal.)-1st mort., gold, land gr—
Southern Pennsylvania—1st mortgage, gold
Southwestern (Qa.)—Stock, guaranFc^ per annum

$874,500
1,000,000
200,000
1,629,000
1,628,020
500,000
1,240,000
450,000

1,000
1,000

ioo
Various
500
500
100

1,067,500

1,000

391,000
5,211,810
750,000
1,500,000
405,050
1,500,000
600,000
1,500,000
3,332,000

1,000
100 &c.
....

1,000
500 &c.

.

.

.

.

100
,

30

Stockton (t Copperopolis—1st mort., (guar, by C. P.)
Syracuse Binghamton <t N. Y.—Stock
2d mortgage (now first)

30
81
81
81

Consol, mortgage (guar. D. L. & W.)
Summit Branch (Pa.)—Stock
1st mortgage bonds
Terre Haute <t Indianapolis—Stock
1st mortgage
Bonds ot 1873 (for $1,600,000)
Texas <t N. Orleans of ’74—1st inortg. land gr., coup
Texas <t Pacific—1st mort., gold, coup.($8,000 p.m.)
2d mort., consol., gold, coup. ($17,000 p. m.)
Income and land mort., reg. (7,600,000 acres)

1876
1871
1865
1875
1875
1867
1876

48*2
7*2

20

1869
1873
1875
1875
1875
1875
1866
1864
1866
1870
1871

....

116^
1103*
116^

mortgage (for $6,200,000)

227
10
53
35

(Burlington Div.)
Troy <t Boston—Stock
1st mortgage, consolidated

....

1874

Convertible bonds

Union Pacific—Stock

....

....

....

'
do
do
do
do
do
do
dollar loan, mortgage
do
bond to State of New Jersey
Joint Co.’s mortgage, sterl’g, s. fd. (£138,500).
do
plain bonds
do
do
do
consol, mort. (sink’g fund after 1880)
N. J. RR. & T. Co., 3d loan due State of N. J
Utah Central—Stock
1st mortgage, gold
Utah Southern—1st mortgage, coupon
Utica dt Black River—Stock
1st mortgage bonds of July, 1868

Mortgage bonds, 2d issue

in July, 1873. Gross earnings, 1876-7, $342,374;
$49 869. (Y.24,p. 63.)
Sioux City & Pacific.—Div. of 3# on pref. stock
paid Oct., 1878
(V. 27, p. 96, 253, 274.)
Sioux City cfe St. Paul.—There are also $502,000 2d
mort. bonds, $146,000 equipment, and $286,600 in¬
come bonds.
Lands sold in la77, 40,664 acres. (V.
25, p. 212; V. 26, p. 290, 471, 494, 549, 567.)
Somerset.—This road is leased to Maine Central.
South Carolina.—Receiver appointed Sept., 1877.
Gross earnings in 1877, $1,020, 664; operating ex-

Senses, $598,. 51; net earnings, $426,91". A proposal

....

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

100

1,000

650,000

g.
g.

4
'

7
7

1871
1871
1871

....

....

....

....

1834-7

....

....

....

....

....

....

3612

1,000
1,000
1,000
£200

1,000
1,000
100

1,000
....

....

....

....

....

....

....

....

1862
1868
....

1870
1871

75
168
75

1868

87

1871

....

....

....

...

1,000
1,000
100
....

'....

1

680,000
36,745,000

6

27,232,000
27,232,000
13,907,000
7,145,000
2,179,000
1,600,000
1,600,000
19,890,400
5,300,000
2,000,000
1,846,000
1,800,000
154,000
500,000
497,310
1,700,000
866,000
5,000,000
100,000
676,005
1,000,000
1,500,000
1,770,720
200,000
912,000

6 g.
6
8
7
8 g.
6 g.
6

1*2

gg.

g.
-

000,050, part in $500 bonds, all the others are $1,000
each. A sinking fund of $100,000 per
annum begins
in 1882, and proceeds of land sales also
go to pay
bonds. The land grant is 12,830 acres per mile.
The stock paid in is $36,763,900. In 1876-7 the
gross
earnings were $1,553,005 gold, and net earnings,
$1,828,830 gold. (V. 26, p. 209, 316; V. 27, p. 321,

409.)

South.Pennsylvania,—This is a mining and RR.Co.;
re-organized in 1872 after foreclosure under 2d mort.
The road is leased by the Cumberland
Valley.
Southwestern Georgia.—Leased to Central Georgia.
Dividends 8

a

year to every

10 per cent

on

Central

Georgia stock, but 7 per year guaranteed. “Tri¬
partite” bonds issued; see Central Georgia.
Springfield, Athol <£ Northeastern.—(V. 24, p. 198.)
Sterling Mountain.—Cost of road and equipment,
$502,468. Net earnings 1872-3, $15,673.
Stockton <fe Copperopolis.—Defaulted
July, 1874,
and old bonds of $1,000,000
exchanged for present.

,

.

Stocks— Last

Dividend.

April 1,
5,
Sept. 1,
Jan. 1,
Jan. 1,

Jan.

1889
1879
1880
1898

1898
1901
1891
1871

Nov.,
July,
May,

Charleston,S.W.RR Bk

.

*

....

J.

& J.

M. & S.
A. & O.
A. & O.
M. & N.
....

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

do

and Boston.
do

U.S. Treas., at maturity.
New York and Boston.
New York and Boston.
London, L. & S. Fr. Bk.
N. Y., Company’s Office.
U.S. Treas., at maturity.
Phila. and N. Y. Offices.

S.

Philadelphia, Office.

0.

do
do
London.

S.
S.
A.

do

Philadelphia.
90 cfiiys after demand.

A.
London.
A.
Philadelphia Office.
D.
Princeton, N. J.
N.
Philadelphia Office.
O. N. Y., B’k of Commerce.

....

g-

pal, When Due.

J. & J.
London.
1878 to ’88
J. & J.
New York.
1878 to ’88
A. & 0.
do
Oct. 1, 1902
A. & 0.
Charleston.
April, 1891
J. & J.
do
1880 and 1892
J. & J. N. Y., Drexel, M. & Co. Jan. 1, 1890
M. & N. London, Baring Bros.
M. & S. N. Y., Gallatin Nat. B’k Mar. 1, 1887
M. & N.
do
do
May 1, 1900
M. & N.
do
do
Nov. 1, 1879
F. & A. N. Y., Vermilye & Co.
Aug. 1, 1899
M. & S.
do
Mar. 1, 1882
do
M. & N.
May 1, 1900
J. & J. N. Y., Cojppany’s Office.
1888
A. & 0. N. Y., C.T*.
Huntington. April 1, 1905
M. & S.
Mar. 1, 1900
J. & D. Savannah,Cent.RR. Ga. Dec. 20,1878
Various
Macon.
1886
J. & J. Charleston& New York.
Jan. 1,1897
J. <fc J. Boston, Eliot Nat. Bank
July l,’83to ’93
J. & J.
New York.
1885
J. & J. NY., Central Pacific.
January. 1905
J. & D. N.Y., D. L.&W. RR. Co. Dec.
30, 1878
J. & D.
do
do
Juno, 1887
A. & O.
do
do
Oct. 1, 1906
F.- & A. Philadelphia & Boston. Aug. 16, 1876
J. & J. Boston, N. Y. & Phila.
Jan.1, 1904
J. & J. N.Y.,Farmers L.<fc T.Co.
Aug. 5, 1878
A. & 0.
do
do
July, 1879
1893
F. & A. New York, Co.’s Office.
Aug. 1, 1905
M. & S. Phila., N.York &London March
1, 1905
J. <fc D.
do
do
June 1, 1905
July. New York& Philad’phia Jan. 1, 1915
F. & A. New York, Co.’s office.
Feb. 1, 1896
J. & D.
do
do
Dec. 1, 1894
A. & 0.
do
do
April 1, 1886
M. & N.
do
do
May 2, 1910
J. & D.
do
do
June 1, 1901
F. & A. Troy, Company’s Office..
Aug. 1, 1878
J. & J. N. Y., Nat. B’k of Com.
1894
M. & S.
do
do
1882

Q.-J.

6 g.

6
6
6
6
7
•6
6
6
6
7
10
6
7
2
7
7

N. Y., N.Bk. of Com’rce.
N. H., Nat. N. 11. Bank.
do
do
N. Y., Nat. Park Bank.
U.S. Treas., at maturity
N. Y., Metropol. N. Bk.
do
do

Q.-J. New York

2^2

i made for concessions by 2d mortg. bondholders.
(V. 26, p. 217, 342, 393, 418, 420, 471; Y. 27, p. 42,
253, 304 )
South & Yorlh Alabama— Operated by Louisv. & (V.
21, p. 159. 160, 316.)
Nashv., which holds a majority of the stock, and
Syracuse, Binghamton <fe New York.—Operated by
guarantees the bonds and holds $1,000,000 of 2d Del. L. & W., and bonds guar, by that Co. Last
mortg. bonds! Pref. stock, $2,009,000.
dividend on stock (in 1875) 4 per cent. (V.
26, p. 316:
Southern of Long Island. - Leased to L. I. RR
V. 27, p. 568.)
•There are also $60,000 6 p. c. mortg. bonds on
Summit Branch.—This is a coal road, and leasee
Rockaway Branch. It is proposed to “scale” all Lykens Valley.
Net earnings in 1876, $151,665. (V.
bonds except 1st South Side. (V. 26, p. 471, 626,654; 25. p. J 13 J
V. 27, p. 85.)
Terre Haute <6 Indianqp.—Net earnings in
1874-5,
Southern Central.—Forms an extension into New $371,713; in 1S75-6,
in 1876-7, $344,403.
York Stite for Lehigh Valley, which company en¬ Leases rt. L. Van. & $355,955;
T. II. at 30p.c. gross earnings.
dorses $400,000 of second mortgage conds.
Texas tfe New Orleans of 1874.—The
company has
South Irwa >b Cedar Rapids.—In progress. Ot¬ a I’d gr.of
875,000 acres timber and agricultural lands.
tumwa to Cedar Rapids, la.
Texas & Pacific.—Gross earnings, 1877-8,
$2,331,Southern Minnesota.—Sold under 2d mortgage and 310;
operating expenses, $1,448,439; net
re-organized March. 1877. There are yet out *220,00 ) $882,871. Of old land bonds $1,064,000 areearnings,
yet out,
old 1st mort. 7 s (pink), due 1884. Land grant is about and $183,225
coupons.
(V. 26, p. 316; V. 27, p. 42,
l,790,0Ut> acres. The construct on mort. interest is 149, 226, 384, 515, 558, 653.)
paid J. & J. at 7 per cent, though originally A. & O.
Texas Western.—This narrow-gauge road is in
at 8 per cent.
(V. 24, p. II, 198, 22:; V. 25, p. 235, progress. (See V. 23, p. 49,
152, 526.)
408; V. 27, p. 67, 368, 515.)
Toledo, Peoria & Warsaw.—Passed into receiver’s
Southern Pacific (Cal.)—This road is controlled hands February, 1874. Foreclosure
The bonds are in 1876-7. net earnings were $56,415. (V. pending. In
>,y Central Pacific parties.
26, v. 68, 316,
ties A, B, CandD, of which “A” includes $15,
575; V. 27, p. 68, 409, 515, 603.)




g.

7
7 g.
7
7
5
3
7
7
3
7
4
7
7
7
6 g.
6 g.
7
7
7
7
7
7

400,000
448,000
350,000
500,000
2,004,000
270,000
1,750,000
4,125,000
800,000
1,988,150
800,000
800,000
1,050,000
3,552,000
7,548,000
6,459,000
1,800,000
1,600,000
1,300,000
1,500,000
250,000
1,609,000
1,384,000

1,000
1,000
1,000

ioo

.

....

new

50

1,000

2*e

mortgage, gold, on road and equipment
1,038 1866-9
do
(government subsidy)
on road (2d on land), sinking fund. L,038
3d
do
1874
Land gTant bonds on 10,764,947 acres
1867-9
Omaha bridge bds, st’g, (s.f. about $50,000 yrly).
1871
Union Pacific, Central Branchs- 1st mort., gold
100
1866
2d mertgage (government subsidy)
100 ’66-7-8
United N. J. RIt. <t Canal Companies—Stock
379
General mortgage, gold, coupon
1871
United Co.’s mortgage, sinking fund, registered..
1871
do
sterling loan mortgage, sinking fund
1871

net,

....

c

g.

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

Q.-F.

*

1878

1,042

1st
2d

Shenango cfe AUeghany.—Leased to Atlantic &

50

500 &e.

mortgage bonds (for $1,000,000)
Troy Union—1st mortgage, guaranteed, Troy City.
New

Great Western, and “ rental trust bonds’’ issued.
Gross earnings 1875, $201,039; net. $114,699.
Shore Line- Leased to New York & New Haven
at $100,000 per year. Old stock was exchanged for

100

1,000
1,000

....

....

106
444
444
444

—

1,000
500 Ac.

....

20
113
73

Toledo, Peoina <t Warsaio— 1st mortgage (W. Div.).
1st mortgage (E. Div.)
2d mortgage (W. Div.) convertible

100 <&c.
100 &c.

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

g.
g.

3ig

399,000

.

'

-1st mortgage
-1st mortgage

6
8
6
7
7
7
7
7
7
7
6
7

Where Payable, and by
Whom.

Payable

7
4
7
6
6
7 g.
8
7 g.
1
5 g.
6
7
7

29,300,000
625,000
3,892,300

When

per

Cent.

63,500

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

....

....

iRate
j

5,819,275
1,482,666
1,051,500
1,206,500

....

257

Company bonds, convertible into stock at par....
-1st mortgage, gold

Outstanding

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

1871
1871
1871

Bonds—Princi¬

INTEREST OR DIVIDENDS.

Amount

500 <fcc.

...

Southern Central (N. T.)—1st mortgage

Consolidated
1st mortgage

[Vol. XXVII.

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

DESCRIPTION.
Miles Date Size, oiFor explanation of column headings, &c., see notes
of
of
Par
at head of first page of tables.
Road. Bonds Value.

let

BONDS.

A1ND

J.
J.
M.
J.
J.

<fc
&
&
&
&

J.
J.
S.
J.
J.

Salt Lake City.
N.

Y., Kountze Bros.

Utica.
Utica and New York.
do
do

Jail.

2, 1879

1896 to 1899
Meh. 1, 1894
1887

April, 1896
May 1, 1895
1896,’97, ’98
Jan. 10fl879
Mch. 1, 1901
Oct. 1, 1894
Mch. 1, 1894
Mch. 1, 1894
Feb. 1, 1888
1880
Feb. 1,
Jan. 1,
Nov. 1,

1883
1889
1889

Overdue.

(?)
1, 1890
July 1, 1891
Sept. 28,1878
Jan.

July, 1878
July, 1891

Troy & Boston.—With leased roads forms a line
N.Y., to North Adams, Mass. In 1875-76,
gross earnings were $506,539; upet sting expenses,
$298,334. There are $119,000 of old 1st and 2d
mortgage bonds yet outstanding.
Troy Union.—A. short road in Troy city. Bonds
issned by city and guaranteed by several roads.
Union Pacific.—Gross earnings in 1877 weie^
$12,473,203, against $12,886,858 m 1876; net earn¬
ings, $7,133,782, against $7,618,647. In 1878 the
funding bill was passed in Congress; the Court of
from Troy,

Claims decidei against the com any as
to the 5 per
earnings; an important contract was
made with Kansas Pacific; the July dividend was
passed. Land sales to Aug. H, 1878, 1 567,672 acres,
for $6,966,333. of which 249,392 acres in
1878, for
cent of net

t 1,249,2 6. Land contracts Ang. 13, $3,609,467, cash

469,035. (V. 26, p 241, 266, 368, 471, 548. 592. 626,
654; V. 27, p. 42, 96, 97, 122,149, 193, 229, 253, 274,
381,480,629.)
‘
Union Pacific Central B>'anch.—Formerly the

Atchison & Pike’s Peak. Interest in default since
November, 1873. Gross earnings 1875-76, $114,414;
expenses, $131,500. (V. 27, p. 96, 253 274, 539.)
United New Jersey Railroad <f> Canal Companies.
—The Camden & Araboy Raiiroad and branches,
Delaware & Raritan Canal, aud New Jersev Railroad
form the Uuited Companies of New
Jersey. They
were leased to Pennsylvania Railroad, Oct.
20,1871,
at 10 per cent on stock and assumption of all lia¬
bilities. In 1877 the gross

earnings were $8,960,696; *

net income, $2,954,521, leaving a deficit
of $1,433.1 8 after paying interest and

for lessees
dividends.

(V. 24, p. 516; V. 25, p.349, 433, 458, 476; V. 26, p.
215,304.)
Utah Central.—Salt Lake to Ogden.
In year end¬
ing April 30, 1876, net earnings were $232,737, and
dividends amonming to 20 per cent were paid.
Utah Southern.—Gross earning* 18:7, $278,652,
net.. $140,731.
Stock is $1,50j>,000.
Utica & Black River.—Gross receipts 1S76-7,
$153,576; expenses, $233,566: net earnings. $220,010.
(V. 22, p. 207; V. 23, p. 141; V. 27, p. 124.)

'

December 28,

KAILKOAD STOCKS AND BONDS.

1878.]

Subscribers will confer

great favor by giving Immediate notice oi
any error discovered in tbese Tables.

a

DESCRIPTION.
at the head of first
page

Miles
Of

3

of tables.

Date

Chenango & Susquehanna Valley—Stock.
Vermont <£• Canada—Stock
Bonds, guaranteed by Vermont Central
Missisquoi Railroad bonds
Vermont Central—1st mortgage, consolidated
2d mortga^ ;e, consolidated,

98
73

Stanstead, S. A Chambly bonds.

....

80
77
80

do

-

series (red endorsed)

.

....

.

140
140
140
140

—

Special loan, funding mortgage
Wabash—Stock
1st mortgage (Toledo & Illinois)
1st mortgage (Lake Erie, Wabash A St.
Louis)
1st mortgage (Great Western of 1859)
1st mortgage (Quincy A Toledo)
1st mortgage (Illinois A Southern Iowa)
2d mortgage. (Toledo A Wabash)
2d mortgage (Wabash & Western)
2d mortgage (Great Western of 1859)
Consol, mort., (on all but Decatur & E. St. L.)
1st mortgage, (Decatur A East St. Louis)
Funded debt bonds and scrip ($943,950 at 7)
Warren (N.J.)—Stock.

....

649
75
167

1853
1853
1863
1865
1862
1858
1858
1859
1867
1869

180
33
29
75
167
180
490
109
....

<£• Gt. Southern—Stock...

2d mortgage, O. & A. RR
1st and 3d mortgage, O. & A. RR
4th mortgage, O. A A. RR
Funded interest, O. A A. RR
1st mortgage, O., A. & M. RR
Gen. mort., gold, Wash. C., Va. Mid. A Gt. South’n
Lynchburg A Danville, 1st mort., guar., coup......
Westchester <£• Philadelphia—Preferred stock
1st mortgage, new
West Jersey—Stock
Loan of 1883, guaranteed by Camden &
Amboy..
1st mortgage loan
1st
do
consolidated
-

....

....

Cape May A Millville.

Western

{Ga)—Income bonds
Western {Ala.)—1st mortgage (Mont. & W. P.)
Western RR. bonds, before consolidation
2d mort.. guar, by Cent, of Ga. and Ga. RR. & B. Co.
Western Maryland—1st mort., endorsed Balt.
City..
1st mortgage, unendorsed
2d
do
endorsed by Baltimore
2d
do
endorsed by Washington County

....

....

27
128
60
38
63

1871

..

1st mortgage, Pittsburg Branch
General mortgage
Williamston <£* farboro—1st mortgage

1873
1866

....

100
....

....

....

....

...

500 Ac.
....

100 Ac.
50

500 Ac.
500 Ac.
500 Ac.

....

....

....

-

....

....

....

....

1868
1870
1872

1,000

1863
1865

500 Ac.
100 Ac.

....

....

....

....

1870
1870

188

-.

....

1867

4

.

....

....

500 Ac.

—
....

Wilmington <£ Weldon—Stock
Sterling bonds

179
179

do

Sinking fund bonds, gold
Wisconsin Central—1st mortgage, gold, land grant.

Valley (7a.).—This road was built chiefly by sub¬
scription of Balt. & Ohio RR., Baltimore city, and
Virginia counties. Operation of the road by Balti¬
more & Ohio was discontinued, and
temporary lease
made to Shenandoah Valley Railroad. (V. 20, p. 16,
453; V. 21, p. 396; V. 22, p. 463, 559, 591, 607.)
Vermont <fe Canada.—Under lease to Vermont
Central. (V. 24, p. 421, 566; V. 25, p. 476, 641.)

Vermont Central.—In 1872 the Company went to
on interest, and has since been in numerous
eomphcations. A new corporation under the name
of Central Vermont was formed, with $2,000,000
paid-up capital, and assumed obligations of the old
Vermort Central. Foreclosure pending on 2d mort¬
gage. (V. 22, p. 110, 589; V. 23, p. 40, 370, 623; V.
24, p. 413, 566; V. 25, p. 431.)
default

Vermont eft Massachusetts.—This road is leased to
the Fitchburg RR. Co. for 999 years, from Jan. 1,
1874. for interest on the debt and 5 percent on stock
till 1880, and 6 per cent for the remainder of the

100

....

....

....

....

•

....

....

....

325

Worcester <£ Nashua—Stock
Bonds ($125,000 are 7 per cents)
Bonds.
Bonds
Nashua <x Rochester—Stock
do
do
1st m., guar, (for $700,000)

Utica Chenango & Susquehanna Valley.—Road is
leased to Del. Lack. & West. Railroad at 6 per cent
per annum on stock.

....

....

1871

94
.

.

.

....

1873
1875

....

....

48
48

....

100

....

.

....

1874

.

.

.

.

....

....

....

500 Ac.

INTEREST OR DIVIDENDS.

Amount

Outstanding

Rate per
Cent.

$4,000,000

3
4
8
7
7
7
8
7
8
3
6
7
7
7
7
7
7

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
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
3,015,950
1,800,000
750,000
600,000
2,692,539
1,200,000
654,000
700,000
578,859
1,650,000
1,500,000
526,500
821,300
1,100,000
1,359,750
400,000
1,000,000
1,000,000
782,000
750,000
600,000

1,200,000
200,000
400,000
300,000
300,000
600,000
875,000

1,000,000
800,000
1,000,000
1,200,000
350,000
3,200.000
600,000
1,456,200
648,700
221,400
749,000
8,250,000
1,789,800
350,000
250,000
400,000
1,185,000

700,000

rr

4

7
7
7
7
7
7
7
7
7

F.
F.
F.
M.
F.
M.
M.
M.

A. N.
A.

do
do
do

A.
N.
A.
N.
N.
A N.

F.

3*2
7
6
6 A 8
8
7
7 g.
4
7
3
6
6
7
7
10

8
8
8

Nov. 1, 1878
Nov. 1, 1878
May 1, 1898
Feb., 1907
Aug., 1880

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

N.Y., Del., L. A W.

J. A J.
M. A N.
M. A S.

Balt., R. Garrett A Sons

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

Balt., R. Garrett A Sons Mch. 1, 1882
do
do
May 1, 1903
do

A
A
A
A
A
A
A
A
A

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

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

A
A
A
A
A
A
A
A
A
A

do
do

RR.

Oct., 1878-

do
do

do
do

1900

1905

do
do

Jan. 1, 187.5

May 1, 1873
Sept. 1, 1880

*

do

April 1, 189G

Philadelphia, Office.
do

July 10, 1878

do

April 1, 1891
Aug. 15, 1877
Mch., 1883-

rhila.—Pa.RRCo. Office
do
do
do

0-

do
do

Jan., 1896
Oct., 1890

do

Atlanta, Co.’s Office.

J. New York A

0.
0.

do
do

Oct. ’79 to ’91

Savannah.

July, ’78 & ’81
Oct. 1, 1888

do
do

Oct. 1, 1890
Jau. 1, 1890
Jau. 1, 1890

Jan., 1890
Jau., 1890Jau., 1895
Jan., 1900
Jan., 1902
April 1, 1893

Jan.
Oct.

1, 1890
1, 1901.
May 1, 1900
June, 1900

Deposit Co.

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

D.
J.
N.

earnings in 1875, $241,056.

London.

1881
1886
1896

do

J. N. Y., Nat. B’k
Republic
J.
Boston, Office.

J.

July 1, 1901
July 1, 1870

Worcester, Office.

Various
do
,
do
A. A O. Bost., Globe Nat.
Bank.

F. A A.
A. A 0.
A. A O.

Warren (N. J.).—Leased to Delaware, Lackawanna
& Western at 7 per cent on stock and bonds.
Net

Aug. 1, 1890
Aug. 1, 1890
Aug., 1888

do
do
do
do

...

,

1890

1890
1890
1880

do

do
do
do

1890

Nov. 1, 1890

J.
J.

64, 89; V. 26, p. 2 1 5 445, 471, 496, 524, 549, 592’
626; V. 27, p. 17, 68, 437, 515, 540, 56S.)

1,
1,
Jan. 1,
Jan. 1,
Jan.

Aug. 1, 1882

3
6 g.

7
7
3
6

Jan.

do

J. Balt., N. Mechanics’
B’k
J.
do
do
J.
do
do
J.
Hagerstown.
J. Balt., N. Mechanics’
B’k
J.
do
do
J.
do
do
A. A O.
Philadelphia,
Office,
J. A J.
do "
do
A. A 0.
do
do
M. A N. New
York, J. M Pickrell
J. A D. Balt., Safe

6 A 7

July 1, 1888
July 1, 1879
July 1, 1885

do

6
6
6
6
6
6
6
6
6
7
8
7

7 g.
7 g.
7 g.
2

1902

Oct. 7, 1878

do
do

do
do
do

A A.

Q-J.

•

Nov. 1, 1878June 1, 1872:
July 1, 1891
Jan. 1, 189&
Nov. 1, 188G
1891
1876 to 1880
Jan. 1, 1887

Y., Metropolitan B’k.

Q.-F.

7

Dividend.

N. N. Y., D. L. A W. RR.
D. Boston, E. Blake A Co.
J. Boston,Nat.Bk.of Redm
J. Boston, Globe Nat. Bk.
N. Boston,Nat.Bk of Redm
D.
do
do
N.
do
do
J.
do
do
N.
do
do
O.
Boston, Office.
J.
do
do
J.
do
do
J.
do
do
J. Pliila , Girard Nat. B’k.
J.
do
do
J. Pliila., Girard Nat. B’k.
O.
do
do
J.
do'
do

A
A
A
A
A
A
A

Stocks—Last

AY horn.

3 A 7

do

1881 & 1887

April 1, 1893
Feb. 1, 189$
Oct., 1878
April 1, 1894

do

Worcester Office.

Bost., Globe Nat. Bank.

payment

was

and

made of coupons

due July,

January, 1874, in January, 1877.
interest
on

unendorsed bonds

The

was

not

1873

July 1877,
paid till

January, 1878. Annual report for last fiscal
year, to
September 30, 1878, showed gross
receipts,
expenses, $217,275; net receipts, $129,926. $347,201
(V. 25^.
p. 41, 293, 406; V. 26, p.
84, 471; V. 27, p.

Washington City, Virginia Midland & Great South¬
406.)
earnings year ending Sept. 30, 1875,
Western Pennsylvania.—The
$1,033,980; expenses, $672,367; net earnings, $401,
Pennsylvania KR,,
lessee, owns
612.
The
has
assisted
& O. of $1,022 450, $972,650 stock out of the total amount
company
been
by
Balt.
The 1st and 3a mortgages; pJaced
$148,000
of branch bonds, and i. 11 of
together, were
originally $400,000 1st 6s, and $60u,000 3d 8s, $1,200,000 general mortgage bonds; net earning*
1876, $225,498. (V. 22, p. 206.)
some of which have been
exchanged for general
mortgage bonds, but are deposited in escrow only.
The president, Mr. John S. Barbour, was
Williamston eft Tarbors.—Road in
appointed
progress. No>
receiver in Jnly, 1876. Interest in
default,
but re¬ recent financial information.
ceiver
ern.— Gross

ordered

p.

to

make certain payments.

550; V. 27, p. 332, 437.)

(V. 23,

West Jersey.—Gross earnings, 1877,
$595,025: ex¬
penses, $391,430; net, $203,594.
Net profit above
interest and rentals, $10,308.
(V. 24, d. 249; V.

26, p. 263.)

Vicksburg eft Meridian.—Net earnings 1877-8,
$123,364. The only coupons paid since April, 1876,
were those maturing Jan., 1878, and the special loan
coupons of Jan., 1877. (V. 27, p. 67.)

Western eft Attantlc—This road is owned
by State
of




-

Bo nds—Princi¬
pal, When Due

Where Payable, and by

Payable

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

8

lease, exclusive of all taxes.

Wabash.—This is the Toledo Wabash A Western
re-orgamzed after the sale, June 10, 1876, under
consolidated gold mortgage of 1813. New litigation
commenced in May, 1878. There is a debt of $560,003 due the Equipment Company, payable $56,000
The “Seney” mort. included in funded
per year.
debt bonds is for $1,< 00,0/0, payable $200,000 per
year. Operations for 1877 showed $4,585,914 gross
earnings, and net earnings of $1,060,398. (V. 25, p.

When

16,000,000

500,000

1,000

1868
1870
1858

28

Wilmington, Columbia dt Augusta—1st mortgage...

-

100
....

.

90
90
90
57

4th
do
for Baltimore City stock
Western Pennsylvania—let mortgage

do

....

....

1861
1866
1869

138
116
44
160
90
90
90
90

-

Income bonds..

1,000
1,000
1,000

41

Atlantic

2d preferred mortgage, unendorsed.
3d mortgage, guaranteed by Baltimore

1867
1873
1871

336
65

'

250 Ac.
100 Ac.

1855
1870
1875
1871
1855
1858
1860

.

,

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

....

18
18
18
310

2d mortgage
1st consol, mortgage

Washington City, Va. Mid.

.

....

1871
500 Ac.
1871
500 Ac.
1866
100 &c.
1866
100 <fec.
1866-9 500 Ac.
1867
100 Ac.
1872
1,000
100
1865
100 Ac.
1869
500
1872
1,000
1866 500 Ac.
1866
1,000
1866
1,000
1866
100 Ac.
1871
100 Ac.

....

Income and extension bonds (to
Vermont <£ Massachusetts—Stock.
1st mortgage (sinking fund $7,000 per
year)
Convertible bonds

Value.

$100

Equipment loans.

2d series (blue endorsed)
3d
do (black endorsed)
4th do (not endorsed)

or
Par

....

..

Vicksburg & Meridian—1st

Size,

of

Road. Bonds.

Utica

do

xxzx

Georgia, and leased

at $300,000 per annum
Lessees have issued the income bonds.
(V. 22,

136.)

p.

Western

Alabama.—Sold in foreclosure, April
19,
1875, and bought by Central Ga. and Georgia Rail¬
roads, for whose account it is operated. (V. 20, p.
398, 405, 445; V. 25, p. 456.)
Western Maryland.—This company was
largely as¬
by the city of Baltimore, which has also
bought its overdue coupons. The bonds remain¬
ing in default for interest to their holders were
the second preferred
unendorsed, and on
sisted

Wilmington Columbia & Avgusta.—In 1875-6.
earnings were $116,633 net. There are
certificate*
of indebtedness for
$336,000. ^V. 22, p. 15; V.
26, p,
V.
368,393;
27, p. 68, 458.)
Wilmington <fc Weldon.—Formerly leased to
mington, Columbia & Augusta road, but in Wil¬
Dec.,
1S77, default was made by lessee and
property
reverted. (V. 22, p. 16; V.
26, p. 68, 420, 496.)
Wisconsin Central.—Defaulted

funded 9 coupons.

length of road.

earni» gs were

July,

Afterwards built

In year

$709,935;

1875, an#

a

considerable
ending Sept. 30. 1>76, gros*
expenses,

$412,201; net
earnings, $297,733. Paid rent of Mil.
&
ern
RR., leased, $1672404. Land grant isNorth¬
over
800,000 acres. The Philips &
Colby
Company operati g this road became Construction
in Dec. lr,77.
Foreclosure suit begun embarrassed
September,
1375. (V. 2-3, p. 478] V.
26, p. 18; V. 27, p. 35%
375, 480.)
Worcester <ft

Nashua.—Guarantees the
Rochester, leased.

bonds of Nashua &

ending

those $83,060-

September

(V. 25,

P.

30,

1878, net

430; V. 27,

p.

stock and!
For year

income

537.)

west

XXX

CANAL STOCKS AND

Subscribers will confer

a

DESCRIPTION.

d- Delaware—Stock

14
14

1st mortgage (originally
$2,800,000)
Chesapeake d Ohio—Stock

Maryland loan, sinking fund
Guaranteed sterling loan
Bonds having next preference

Loan extension, convertible till

Consolidated mortgage loan

•
....

....

....

....

83
103
103
103
103
....

327
327
108

by Penn. RR

common

1872
1871
1872
....

....

1876
1865
1869
*;

do
do

common

bonds,

....

45
....

pref., 3d. T. W. priority b’ds..

Union—1st mortgage

bonds of 1872

.

.

.

....

85

Chesapeake & Delaware—De laware City to Chesa¬
peake City, Md. (V. 27, p. 66).
Chesapeake A Ohio.—Gross receipts, 1875, #473,210;
net, $251,175. Paid on bonds, $233,940. (V. 24,
p.
369.)

Delaware Div.— Leased to Lehgh Coal &
Naviga¬

bonds, and 8

.

per cent a year

Del. dk Hudson Canal.—This Co., which is
among
the largest miners and carriers of coal, leases the
Alb.
«fc Susq. and Reuse. & Sar. Railroads. Also
endorses
‘bonds of N. Y. & Canada RR. The annual report
for
1877 is given in V. 26, p. 208 and p. 242; and com
Hjnittee’s report. V. 2\ p. 161. (V. 26,
p. 208, 242,
495 564, 571, 599; V. 27, p. (62, 628.)

-

1.000
....

....

50

100
100

1,000
various.
various.
50

•

....

....

....

1870
1863
1864
.

.

.

1839
1859
1841-4
1872

....

3d mort

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

1,000
50
50

....

....

....

1,000

....

....

....

•'

1870

....

.

1,000
1,000
1000&C.

....

....

coup, (payable by P. & R.)
Improvement bonds
Boat and car loan
Boat and car loan
Jiusqiich an n a—Stock
Maryland loan, 2d mortgage

.

50

....

.

100

1,000

....

.

50

1,000

....

....

_

.

....

....

....

2d mortgage




1874
1877

....

.

Mortgage bonds,

<

1871

153

mortgage, extended

tion Co., at interest on
stock

1869

....

December, 1877.

.

....

148
....

Pennsylvania—'Stock

General mortg., interest guar’d

....

148
....

_

....

1858

....

Preferred stock
New mortgage (for
$1,000,000)
Boat loan
Preferred stock scrip dividend

Susquehanna Canal,

....

'.

60
60
148

Greenwood mortgage, reg.
Extended, 1877
WLonongahela Navigation Co— Stock
IfStock, consolidated

'On

....

....

do

Preferred stock

25
....

....

1st

Vario’s
•

....

Debenture loan of 1894, coup and
reg
1st M., coup. & reg., on Penn. Div.
($10,000,00J)
Lehigh Coal <& Navigation-Stock.
Loan, conv., coup., gold (assumed L. & W. Coal Co)
1st mortgage, registered
1st mortgage, registered, railroad
Mort. loan, g. ($2,310,000 assumed C. RR. of N.
J.)
Loan

4Schuylkill Navigation—Stock,

....

....

1st mortgage, registered

„

$50

1856

....

Delaware Division—Stock
1st mortgage (extended 20
years in 1878)
Delaware <£ Hudson—Stock
1st mortgage extended
do

[Vol. xxvn.

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

Miles Date Size, or
For explanation of column
headings, &c., see note^
of
of
Par
at the head of iirst
page of tables.
Canal. Bonds. Value.

Chesapeake

BOND

....

1,000
1,000
....

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

....

....

....

....

Amount

Outstanding

INTEREST OR DIVIDENDS.
Rate per When Where
Cent.
Payable

$2,078,038

3

1,993,750
8,229,594
2,000,000
4,375,000
1,699,500
1,633.350
800,000

6
....

3,500,000

6,434,000
4,750,000
5,000,000

11,193,550

508,520
41,550
1,369,259
717,000

1,004,300
1,025,000
1,175,000
780,000
220,000
103,164
909,236

1,709,380
3,990,392
1,200,000
260,000
756,650
628,100
2,002,746
1,000,000
1,320,000
325,310
250,000
3.000,000

Q- J.
Q-J.

Q-M.

assum3s

June, 1873
July, 1886

do

Balt., A. Brown & Sons

1870
1890
1885
Feb. 4,1878

July 1,1898
Aug. 1, 1876
Nov. 1.1891
1884
1891
1894
.

Sept. 1, 1917

Philadelphia, Office.

6
70c.

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

$1 40
6
6
6
6
6
7
.

.

Feb., 1889

r

....

Philadelphia, Office.
Philadelphia, Office.
do

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

&
&
&
&

J.
J.
J.
J.
M.

&
&

cU>

J.

do

J.
N.
N.
N.

do

do
do
do

do
do
do
do
do
do
do

-

July, 1910
Aug. 25, 1878
Aug. 25, 1878
March, 1897
1882 to 1907
1895

May, 1880
May, 1913
May, 1915

.

6
6
6
7
6

$194,655.
The Central R.R. of N. J.
(in purchase of equipment), $2,310,000 of

the gold loan due 1897,

do

*1878

Lehigh Coal & Navigation.—Gross receipts in 1877,
$994,6*5; expenses and int., $1,189,321; excess of

the latter,

Philadelphia, Office.

London.
J. & J. Balt., A. Brown & Sons.
F. & A.
Philadelphia, Office.
J. & J.
do
do
F. & A. N. Y., Bk. of
Commerce.
M. <fc N.
do
do
J. & J.
do
do
J. <fc J.
do
do
A.
0. N. Y., office 71
B’way.
M. & S.
do
do

1*3

4,658,500

3,175,900

Stocks—Last
Dividend.

Whom.

Sept. 2, 1876
6 g. M. <fc S.
do
do
1894
6
Q-J.
do
do
1884
6
do
Q-F.
do
1897
6 g. J. & D.
do
do
1897
6
J. & D.
do
do
’79- 80-’81-’82
6
J. & D.
do
do
1882
7
J. & D.
do
do
June 1,1911
7
F. <fc A.
do
do
1892
4
J. & J.
Pittsburg, Office.
2
F. & A. Leh. Val. RR.
Co., Pliila. Aug. 4,
5
F. & A.
do
do
Aug. 4, 1878
7
A. & 0.
do
do
April 1,1906
7
A. & 0.
do
do
Oct., 1885
7
F. & A.
do
do

771,000
5,3S1,963
2,000,000

4,480,405
3,000,000

Payable, and by

....

6
5
6
4
6
4
7
7
7
7
7

20,000,000
1,482,000

& D.
& J.

J.
J.

Bonds—Princi¬

pal, When Due.

J.
J.
& J.
& J.
<fc N.

Phila. and Baltimore.
do
do
do
do
do

scrip, and pay 10 per cent

j
1

do

Philadelphia. Office.'

stock, and 4

Jan.,

i885

Jan. 1, 1878

Jan., 1894
Jan., 1902
May 1. 1883

per annum

on

preferred

consolidated stock. (V. 12, p.
714).
Pennsylvania Canal.—Worked in interest of Penn.
RR. which guarantees interest on
bonds. An old
mortgage of *90,000 is due in 1887.
on

and leases the Lehigh & \
The Lehigh & Wilkes- I
Schuylkill Navigation Company.—Leased from
Barre Coal Co. assumes $500,000 of the
gold loan ’ June 1, 1870, to Philadelphia
due 1897, and $771,000 (all) of the convertible
& Reading for 999
gold
!
years, at annual rent of $655,000, including
loan due 1894, and has also leased the
certain
coal lands ! real and
personal property conveyed to
of the company. (V.
22, p.279; V. 24, p. 2 47, : & Reading. The dividend
Philadelphia
of
Aug. 22,1877, was pay¬
445; V. 25, p. 412.)
able in Phil. & Reading RR.
scrip. (V. 22, p. 493;
Monongahela Navigation Company.—Receipts, 1 V. 26, p.418.)
1875, $196,576; expenses, $80,4S7; dividends, $90,387. i
Susquehanna & Tide Watsr.—Leased and operated

Susquehanna

Railroad.

by Philadelphia & Reading Railroad for interest
Harris.—Leased April, 18 1, to Lehigh
Valley Rail-! bonds and half of net earnings.
The lessees assume bonds and i
Union

road for 999 years.

Cana!.—Stock, $2,907,850.

on

t

December 28,

MISCELLANEOUS STOCKS

1878.]

-

-

T....

AND

BONDS.

Subscribers will confer

a

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

DESCRIPTION.
For explanation of column
headings, &c., see
notes at the head of first
page or tables.

Date of
Bonds.

Size

Express Company—Stock
American Express—StocK
American Coal (Maryland)—Stock
Atlantic & Pacific Telegraph- Stock

....

r.

Mortgage bonds (lor $500,000)
Maryland Coal—Stock
Ontario Silver Mining— Stock
Pacific Mail Steamship Company—Stock
Pennsylvania Coal—Stock..f
'

....

1864
1872
1852
1869
.

;.

.

.

.

1,000
100
100
100
50
....

r

1,000
1,000
100

100

a

.

.

.

©

.

..

.

....

....

....

£100
100
100

•

•

.

©

....

.

.

.

_

....

bonds, gold, sinking fund
Bonds,coup.or reg.,conv.till May,’85, s.f.lp.c.

1872
1875
1875

annum)..

270.

American Coal —'The report for 1876 showed
gross

(V. 22, p. 180; V.

Atlantic <t Pacific
Telegraph.—Pool s with West¬
Union their gross receipts on the basis of
87>£
to the W.U. and 12^ per cent to A. & P.
Expenses
were arranged at 13*14>£ per cent to Atl.
& Pac.
and 86*85*4 to Western Union.
(V. 25, p. 16, 115,
ern

188, 355, 374, 433, 591; Y. 26, p. 304, 436, 469, 521;
Y. 27, p. 280, 627.)
*
*

Water Power Co.—Annual report in V.
24.

111. 396; Y. 27, p.

4,000,000
1,740,000
1,107,500

10
7

576,000

783,000
600,000

6 g.

2^

387,000
363,000
137,000
498,000
500,000
400,000
3,756,000
2,000,000
2,492,000

7
6
6
6
6
8
7 g.
7 g.
7 cr
10
9 g.

1,000,000
1,000,000
1,000,000
7,620,000

10
1

10,000,000
5,000,000
(?)

4,400,000
10,000,000
20,000,000
5,000,000

"ikz

481,500

2,000,000
1,000,000
500,000
2,500,000
5,938,200
298,000
432,000

1,000,000
218,000

5,708,700 !
4,291,300
948,000
1,500,000

10

18,920,000

i’o’o

7,000,000

.

..

100
100

1,000
1,000
£100*fec

600,000
5,000,000
5,000,000
35,084,975
1,373,000
3,920,000
981,234




1, 1904

1, 1904

■4

1*9*66

London.

N.Y.,Co.’s Office, 71 B’y.

Jan.

2, 1877
Jan., 1885

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

Oct,

Lond.,J. S.Morgan & Co.

Jan.

1, 1897

Jan.

1879

Feb., 1879
15, 1875
Nov., 1893
1900

July 1, 1901
Mar. 1, 1886

St. Loufs.

i,

1888

Nov. 1, 1878

J. & J.

New York.

Jan. i, i886
Jan. 31, 1876

St. Louis.

N. Y., Ill

F. & A.

J.
J.

do

& D.
Sz I).

Q.-J.
Q.-F.

(?)

do

Aug. I, 1881

Y., 4th National Bk.

N.

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

Q.-F.

A. & 0.
A. & 0.

Sept., 1698

Broadway.

N.

M. & N.
F. & A.

June i, i892
June 1, 1892
1877
Nov. 15, 1878

do
do
do
do

May 15, 1881

:

London, J. S. Morgan & Co.

J. & J.
A. 6z O.
J. & D.

7g.
212
312

Feb. 15, 1887
Aug. 15, 1892
Oct. 1.5, 1888

April 1, 1885

2 g4

112

M. & S.
J. & J.
-

7 g.

rr
i

p.

N. Y.,

Company’s Office.
N.Y"., West. Union Tel.
Y., Company’s Office.

1*879
Oct., 1878
Dec. 10, 1878

N.

London.

i
Q.-J.

Jau. i, 1891
Nov. 15', 1878

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

Sept. 1, 1878
Jau. 15, 1879
Jan. 15, 1879

’

M. & N.
M. & N.
M. & S.

181, 226,

May, 1902
May*, 1900

London, Morton, R.& Co

March 1,1900

Pennsylvania Coal.—Liabilities
are paid.

dividends

per cent.

(V. 26,

annual lepoit for
ending May 31, 1878, is in V. 27, p. 14. Of the
Mariposa Land & Mining Co.—As sessments made
$2,500,000 mortgage $600,000 is reserved to pay ster¬ on the shares from time to time. (Y. 23, p. 112, 329;
ling loan. The Company owns the stock of the V. 24, p. 128; V. 25, p. 358; V. 26, p. 290.)
Urnon Railroad Company and guarantees its bonds.
(V. 24, p. 6.13; V. 27, p. 14.)
Maryland Coal—Balance sheet, Vr. 24, p. 226;

a

minimum and

to

N. Y. Stock Board

Pullman Palace
Car Company — The
sterling
bonds of 1875, of which the whole issue
authorized
is $1,000,000, are convertible into
stock from April
1, 1878, to April 1, 188!. Annual reports have
beem
published as follows: V. 23, p. 402; V. 25,
p. 308.

(V. 26, p. 21?; V. 27, p. 302.)

Quicksilver Mining

303; V. 24,

p.

228.)

Company.—(V. 22,

507; V. 25, p

p.

per cent per

Yalley RR.
Sutro

year till

Tunnel.—Tunnel

on

facilitating mining operations.

238.

15, 358; V. 27, p.

Spring Mountain Coal Company.—This is
7

anteed

1885 by

Comstock

guar¬

Lehigh

Lode for

(V. 27, p. 529.)

United States ^m.v.-New stock of
$1,000,060
issued. (V. 22, p. 159; Y. 23, p. 87.)
United States
p.

Pacific Mail Steamship Co.—A reference to the
pages following is necessary to get definite infor¬
mation. (V. 26, n. 217, 523, 5 4 7, 625,
653; V. 27, p.

at

Pennsylvania Anthracite Coal.—'This Company’s

stock and bonds admitted
Feb., 1877. (Y. 24, p. 112.)

Y. 26, p. 95.

63, 229, 384, 623, 653.)

Jan.
Jan.

London.

Boston, Treas.’ Office.

year

Consolidation Coal.—Annual report for 1877 in V.
26, p. 262, showing gross receipts, $1,475,555; ex¬
penses, $1,246,644; net, $223,914. Consol, mortgage
bonds are held to retire old bonds. Guarantees also
onds of the Cumberland & Penn., and assumes

or

Q.-F.

Iowa Railroad

$772,6(5, and dividends 4l/2

New Yrork

M. & N.
A S.
& J.
& J.
& J.
F. & A.
A. & 0.
M. & N.
A. & 0.
J. & J.
M. & S.
J. & J.
J. & J.
J. & J.

Land Co.—This company manages
the land grants of five distinct
organizations. The
total land owned was 530,217 acres, March
31, 1877.
In 1876-7, 84,032 acres were sold for
$576,816, and
601 town lots for $62,962.
The cash collecions

549.)

Loudon, Brown, 8. & Co

M.
J.
J.
J.

Illinois & St. Lows Bridge.—Net
income, 1876-77,
$219,777; in 1877-78, $219,598. Tbe railroad and
tunnel were sold nnder the
mortgage of 1873,
July 1, 1878, for $450,000.
A decree foreclosure
the
under
first and second mortgages on the
Bridge
was made in November,
the sale to take place
Dec. 20, 1878. (V. 26, p. 420, 524; V. 27,
p. 17, 227,
435, 461.)

were

Jail. 1. 1879
Sept. 10, 1877
Dec. 30, 1878
Nov. 12,1872
June, 1884

....

6 g.

(V. 24,

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

Q.-F.

7
7
6
2
8
8
8
7
7 g.

Sept. 1, 1878

do

....

.

dend.

Boston, Office.

& D.

3*
3
7

When Due.

Stocks—Last Divi¬

N. Y., Company’s Office.
N. Y., Company’s Office.
New Y"ork, Office.
New York.

J.
S.

....

J.

6

10,250,000

Q.-M.
J. &
M. &

8.

6 g.
6 g.

999,000

$135,000 Un. Mining Co. bonds.
248; Y. 26, p. 262.)

p.

Canton Improvement Co.—'The

1*2
212
34

■

Bonds—Principal

Where Payable, and by
Whom.

Pay’ble

2

275,000
25
50

....

1879

reference to the

j outstanding.

When

Rate.

816,000

....

Real estate

p.

.

1878
1875

United States
Express—Stock
United States Rolling Slock—Stock
Wells, Fargo <£ Company Express—Stock
Western Union Telegraph—Stock

183; V. 24,

100
100
100

....

Tunnel—Stock

p.

....

....

Mortgage bonds (for $2,000,000)

(V. 23,

£200

.

1872
1872

Preferred stock...
Mortgage bonds, go^l
Southern & Atlantic tel.—Guaranteed stcok
Spi^g Mountain Coal— Stock,guar.7 P.c.by L.V.
Sutro

396.

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

1861

Quicksilver Mining Company—Common stock..

p.

100

.

....

sterling debenture, convertible

121.)

....

1,000

1875

Bonds, debenture

Boston

.

1,000

....

1st mortgage (east side) bonds on 1,053 acres
1st mort. (west side) on 400 acres & 550 leased
Producers' Consolidated L'd <£ Petroleum- -Stock
Pullman Palace Car—Stock
Bonds, 2d series
Bonds, 3d series
Bonds, 4th series

receipts, $531,333; net, $25,399.
24, p. 248.)

.

1,000

1868
1871
1871
1874
1875
1873
1875

Pennsylvania Anthracite Coal—Stock

p.

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

....

1st mortgage bonds

per

25
£200

....

..

19,

100

1,000

1873
1874

Coal of Maryland—Stock
1st mortgage (convertible)
1st mortgage, consolidated, convertible
Cumberland Coal and Iron—1st
mortgage
do
do
2d mortgage..
Cumberland Coal d) Iron Company—Stock
Dunleith <6 Dubuque Bridge—Bonus sink. fund.
Illinois & St. Louis Bridge—1st
M., coup., s. f...
2d mortgage, coupon
3d mortgage, coupon
4th mortgage
St. Louis^Tuhnel RR.—1st
inort., sterling, s. f.
do
do
2d mortgage
Iowa RR. Land Co.—Stock
Mariposa Land <£ Joining Company—Stock
Preferred stock

Adams Express
Company.—A
of Dinsmore and others in V.

.

....

Sterling bonds (sir.k.f’d one-fifth of land sales)
Mortgage bonds, gold, sixes (for $2,500,000).
Un. RR., 1st M., end. (s. f., rents on
$220,163)
do 2dM.,g.,end.,(s.f.
gr’ndr’ntson$144,800)
Consolidation

suit

.

1874

Company—Stock

Sterling bonds, coup. (s. f. lp.c.

.

INTEREST.

Amount

$100 ’$12,000,000
100
18,000,000
25 1
1,500,000
100 i 15,000,000

....

Boston Water Power
Mortgage bonds (for $*2,800,000)
Canton Improvement

or

Par
Value.

Adam

Bonds,

xxxi

-

289.

Rolling Stock Co.—See report V. 26,

Western Union Telegraph—The
company holds
nearly $6,000,000 of its own stock, making the
total $41,073,410.
(V. 2b, p. 135, 266, 304, 592, 626;
Y. 27, p.'274, 381, 454, 568, 629.)

INVESTORS’ SUPPLEMENT.

E.

A.

LANCASTER
Bankers

66

fVor.. XXVII,

and.

&

Brokers,

BROADWAY, NEW
DEALERS

FIRST-CLASS

CO.,

YORK,

IN'

INVESTMENT SECURITIES.
GOVERNMENT

BONDS,

State, City, County, Railroad and Miscellaneous Securities
BOUGHT

VIRGINIA

AND

SOLD

TAX-REOEIVABLE

SOUTHERN

ON

COMMISSION.

COUPONS

SECURITIES

LOANS

QUOTATIONS

ARE

A

Gorernment Securities.

108% 106%
109% 109%

Called bonds, registered
do
coupon

■5-20s, registered,

AS

103%

103* 103%
102% 103%

105% 105%
105

108%
...

..

..

log

It8%
108
108%
10,% 106%
1< 6% '106%
104% 104%
104% -01%
94%

State Securities.
Alabama—New consols, A
New consols, 5s. B
do
C.

43%

US

111 -9
1209

War loan f..

1103

j6s, 1888

103

7s, 1890

104%
105%

1887
18m8
l.v8JorlS>0

105
106

U:6%

Asylum or University, due 1S92..,.
Funding, du«j 189 4-95
Uauuibal & St. Joseph, due '8'6

,.

do
due ls87
North Carolina—6s, old, 188J 98. ...J&J

6s, old, 1886-98

A&O

.No. Carolina KR., 1883-4-5
J&J
ido
do
A&O
'do
do
coup. off. J&J
do
do
do A&O
.

(Funding Act, 1866-1900.........

ds, 1H86

189.’-98-1900




i924

Registered

1st, 8s, B
Mobile & Ohio—Sterling, 8s

78%

105

'

Augusta, Ga., 7s, various
Char lepton, S. C., 7s

Columbus, Ga., 7s
Lynchburg City. Va., 8s
Macon, Ga., 7s
Memphis, Teau.—6s, 1900
Gold, Gs, 1900
Mobile, Ala.—6s.

.

.

.

....

Nashville Chattanooga & St. Louis
Nashvillle & Decatur, 1st, 7s
New Orleans Jackson & Gt. No.—1st, 8s,
2d, 8s
New Orleans & Mobile—1st, 8s.
1st, 7s.
Norfolk & Petersburg—1st, 8s

107%

Northern Central—6s, 1885

103

..

.........

1st, 7s
2d, 8s

23

95**

6e, 1900
6s, gold 1900
Northern Pacific,

Orleans, La.—5s, premium
Consol., 6J, 1892

Ohio &

J&J
A&O
J&J

new

preferred stoik...

Mississippi—1st, 7s..-.

2d,7s

105

....

Orange & Alexandria—1st, 6s

M&N

2d. 6s

Savannah, Ga.-7s, o'.d

J&J
M&N
M&3
J&J

3d, 8s
4fh, 8s

.

Orange Alexandria. & Man., 7s
Petersburg RR.—1st, 8s, 1879-93 ..J&J
2d. 8s, 1902

J&J

Pittsburg & Connellsv.— l*.t, 7s,’98..J&J

pref.,7s.

Gulf—Consols, 1st, 7s, 1897..
Consols, 1st, 7s, l*9Tj end. by Savann'h
Atlantic Tennessee & Ohio, 1st, 8s, gold
6s, 1885

.

Interest, 8s

City Bonis.
Atlanta, Ga., 7s

Baltimore & Ohio-Stock
6s, 1880...

...

2d, 8s

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

Burlington C. R. & N.. 1st, 5s, 1905.J&D

Carolina Central, 1st, 6s, gold, 1923..J&J
Central Georgia, consol, mortgage, 7s..
Chari. Columbia & Aug.—1st,
consols, 7s
2d mortgage
Cheraw & Dailington, 8s

Chesapeake & Ohio, 1st 6s
Denver & Rio Grande, 1st, 7s.............
East Tennessee & Georgia, 6s
East Tennessee & Virginia, 6s, endorsed
East Tenuessee Virginia & Ga., 1st, 7s
Flint & Pere Marquette, 8s, land
grant..
Georgia RR.—7s
68

Greenville & Columbia -1st, 7s

Consol., 6s, gold, 19.6

—M&N

Piedmont KR.f 1st, 8s
! 102
Richmond Fre lericksb. & Pot.—6s..J& I
7s
j&j
Richmond & Danville, 1st, 6s
M&N
Richmond & Petersburg, 1st. 8s
Savannah & Chariest m, 1st. 7s
Savannah & Memphis—1st, 8s
1st, 7s
Seaboard & Roanoke, 1st, 7s, 1890..F&A.
Selma & Gulf, 1st. 8s
South Carolina RR., 1st. 7s
96
South Georgia & Florida—1st, 7s..M&N'
2d,7s
.M&N
South Side, Va.—1st, 8s, 18S4-90
J&J
2d, 6s, 1884-90
J&J

105

...

2d, 6s, 1834-90
Southwestern, Ga., 7s
Virginia & Tennessee, 6a
8s

98

J&J

.;

Western, N. C., 1st, 7s
Wilmington Col. & Aug., 1st, 7s. .J&D
Wilmington & Weld., gold, 7s, 1909.J&J

100
26
100

Miscellaneous Bonds.
James River & Kanawha Canal- 1st, 6s.

55

2d, 6s

7s, guarantied

Rhode Island 6s, coupon, 1893-94
South. Carolina—Consol., 6s, approved.
Consol., 6s, doubtful
Tennessee—6s, old, 1899-2-8.
new.

.

J&J
..A&O

OWo—Cs, 18S1

6s.

District of Columbia ^3-6 3s,
Small bonds

Mississippi & Tennessee—1st, 8s, A

.

...............

jfipecial tax, class 1, 1898-99......
class 3

2d, 8s

ripfprrpd

Atlantic &

1883

do

6s, consol., 2d series

1st, 7s

Uissouri-68, due In 1878

c’ass 2

Memphis & L. Rock, 1st M., 1907
Mississippi Central—1st, 7s

At! nta & Charlotte Air L.—1st

...

do

6s, consol,
ex-matured coupon

Railroad Bonds.
Alabama & Chattanooga, 1st, 8s
Atchison & Pike's Peak, 6s, gold

103

.J&J

Stock

!

1911

sol, 7s. small
•licliigan -6s, 1878-7 9

do
7 8t>8—*
lHew bonds, 1692-OS
do
do

2d, 7s, 1885

1867

8s, gold

Co

•

Memphis & Charleston—1st, 7s,’80.M&N
,

Vicksburg City
Wilmington., N. C.—8-*, gold

104

Louisiana—Consol., 7s,

r

Virginia—6s, old

7s, newr

I' 3

83

—

8s

'109%

Kentucky 6s

6,

Marietta & Cincinnati—Is*, 7s,- ’92..F&A
A&O
3d, 8s

31

Richmond, Va —6s

,

do
do
do

6e. new, series, 1914

8s

Connecticut (is 18°3-8i
Georgia—(is, 1819-80-86
7s. new, 1686
7s, endorsed, itr8 J
7s, gold, 18 K)
Illinois- 6s, coupon, 187 >

4te,
■6s,

Tennessee—(Continued)—

Norfolk, Va., 6s
Petersburg, Va.—6)

7e, railroads
7s,levees

or

Ask.

8s
New

48

Arkansas—6s, funded

4s, due in 1882
6s,
do «- 1886

9>%

100% 100%
U>0% 100%
119% 119 %

26:

Bid. Ask.

do

issue, 1855
•*5-2 8, coupon, new issuj, 1865
8, registered, 18 >7
-5-20e, CiAipon, 1867
.*$-208, regbt red. 18 38
f>-2Gs, coupon, 1858
10-40s, iegi'ter.d
»10-40s, coupon
(5s, registered, 1881.
•’6s, coupon. 1881
■4*s, registered 1891
<4*st coupon, 1891
4s, registered, 1907
4s, coupon, 1907
4s, email, coup n
<Js, currency, 1895-99

SOLD.

SPECIALTY.

FOLLOWS, DECEMBER

6s, new, 1866

new

AND

NEGOTIATED

Bid. Ask.

€ percent, registered, 1881
€ jtfrcent, coupon, ls8l

BOUGHT

Houston & Great Northern, 1st, 7s
Houston & Texas Central, 1st, 7s, g..J&J
Iowa Falls & Sioux City, let, 7s
Kansas Pacific....
Louisville & Nashville—Consol., 1st, 7s. 104

Consol., 2d, 7s, goTd
Macon & Augusta, 1st, 7s, 188?:
J&J
Macon & Brunswick, 1st, 7s,’S3, end..J&J
rliiAL

•-

Mississippi Levee, 10
Past-Due

Memphis City

per

cent bonds....

Coupons.
25

coupons
South Carolina consol coupons

Tennessee State coupons
Virginia pealer coupons

Virginia tax-receivable

c mpons

\

35