Full text of Commercial and Financial Chronicle : February 24, 1877 : Investors' Supplement, Vol. 24, No. 609

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OF THE

COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED

ON

THE

LAST

SATURDAY

OF

EACH

MONTH.

Furnished Gratis to all Subscribers of the Chronicle.
[Entered according to act of Congress, In the year 1877, by Wm. B. Dana &
Co., in the office of the Librarian of Congress, Washington, D. C.l

NEW

INVESTORS’

YORK

FEBRUARY 24,

SUPPLEMENT
OF THE

Cantmerual nttit jfmatmal

Cjjraiwle.

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.
Transient advertisements are inserted at twenty-five cents
per line; adver¬
tisements by the quarter, six mouths or year, at special rates.
a

INVESTMENTS IN FEBRUARY.
The present month has

shown but little improvement over
January in the demand for investment securities. The money

1877.

inaction, and experience proves that nothing else is
lead to ultimate
repudiation.
In railroad bouds there lias been
the Stock Exchange, at

a

so

likely to

fair amount of business at

varying prices.

Many bonds have been

under the influence of unfavorable circumstances
affecting
the roads and the market price
of their stocks. The first mort¬
ower

bonds of several roads in the hands of receivers, have
materially under the belief that they will be quite safe
in the end.. Gold bonds have
generally been lower in consequence
of the low price of
gold, and the possibility of its continuance for
an indefinite
length of time in the future—such are the Central
Pacific branch bonds, selling below 90, exclusive of interest. The
Col. Chic. & I. C. consol, first
mortgage bonds have sold down to
30£, and we bear nothing of tlie suit which was commenced soon
after tlie first default, to test the
validity of the guarantee of the
Pennsylvania Railroad.

gage

advanced

The statement

of the total assets and liabilities of the New
only been sufficiently easy at the present, but has
York
City Savings Banks, compiled at Albany, is one of much
also given promise of a growing accumulation of funds, likely to
general
interest in the department of investments. The com¬
produce again tlie excessively low rates for call money, that have
parative
table below shows that the amount invested in bonds
contributed to make banking business unprofitable in the past
and
mortgages in 1876 decreased over $4,000,000, and the stock
two years.
Thus, there lias been an inducement to place funds
investments
increased over $8,000,000; with an increase of
in sound and profitable securities, but notwithstanding this, the
only
$800,000
in
real
estate,
which
presumably
all
that
includes
may
suspense in regard to the counting of the electoral vote at Wash¬
have been bought in on the foreclosure of mortgages held
by them
ington, the fluctuations in gold, and the further depression in
stocks occasioned by tlie collapse of Jersey Central, have pre¬ In comparing these tables, the figures representing the condition
of the six banks which failed during 1876 have been omitted :
vented an active business.

market lias not

COMPARATIVE TABLE OF THE

CONDITION

OF

THE

NEW

YORK

CITT

SAVINGS
opened with a notable decline
BANKS FOR THE LAST TWO TEAKS.
in prices, arising in large part from the report circulated at
Resources.
Jan. 1, 1877.
Jan. 1, 1876.
Bonds and mortgages
#58,951,361
$03,539,371
Washington, that President Grant was about to signalize the Stock investments at cost
114,914 209
11.6,733,961
Loaned
on
stocks
close of his term by recommending an immediate return to specie
2,370,325
3,49H,629
Bauking-houses and lota at cost
3,802,719
3,460,720
payment. On this, gold fell off to 104f, the lowest price made Other real estate at cost
1,185,656
710,248
Cash on deposit in banks, &c
7,841
925
9,031.750
since 1862, and governments and other gold-paying bonds declined Cash on hand
3 841,298
4,068,039
assets
in sympathy.
7,545,334
The sharp turn in gold also enabled the bankers Other
8,824,697
Add for cents
75
58
having foreign connections to sell bonds freely in this market
Total
$200,45’.903
and purchase them at a profit abroad.
$199,863,493
Afterwards, when the
Liabilities.
actual contents of the President’s communication became known, Due depositors
$179,116,235
$179,090,903
Other liabilities
574.329
5ii7,789
there was a gradual recovery in prices, but still, the inclination Excess of assets over liabilities
20,762,285
20,264,780
Add for cents
34
on all sides to await a definite and positive settlement of the
Total
Presidential question, is believed to have kept many of the largest
$200,452,903
$199,863,493
Number of open accounts
458,074
452,781
buyers from purchasing governments, as it is understood that Expenses
$876,379
$938,440
there are heavy blocks of money now loaned out on call by some Amount deposited during year
72,131,231
77,879,537
Amount withdrawn during year
72,119,607
69,253,601
of the financial corporations, that will be invested in government
Average amount of each account.
391
895
securities as soon as political affairs are quite settled.
The impression has prevailed of late, that some of the
large
Very little of a definite character has yet been reported by the corporations have been obliged to take a large amount of real
different parties operating to effect a settlement of the Southern estate on foreclosure sales, to prevent a sacrifice of the debts due
them, and the actual figures for all the Savings Banks and two of
State debts.
The ambassador of the North Carolina old bond¬ the
largest Life Insurance Companies, as given below, may
holders having made one or two journeys to the Capital of that re-assure depositors and
policy-holders by showing them that
State, without .obtaining much satisfaction from the authorities such purchases have been comparatively limited. The following
table gives the amount of real-«state bonds and
mortgages held
on the terms first proposed, will return yet again with the
hope of by the New York City
Savings Banks and by two prominent Life
getting a proposition from them on some basis which concedes Insurance Companies, on the 1st of Jau., 1876, and the value of
still more to the alleged impecuniosity of the State.
The general real estate (cost price) held by them on Jan. 1, 1876 and 1877,
Clearing-House committee for all Southern State debts, of which respectively:
Bonds and
Rnal
Real
Increase
Mr. Geo. S. Coe is chairman, has not yet made any report. In
Mortgages.
E t»te.
E-dare.
in Real
Jan. 1, 1876.
-Jan. 1, 1876. Jan. 1, ’77.
Estate.
Tennessee, a resolution has been introduced into the Legislature, Savings hanks
*63,5 0.371
*$71‘\246
$1,185,65*
$475,410
Mutual Life Ins. Co
3.822.655
60.071,190
4,246,245
923 584
providing for the “ scaling” of the debt 50 per cent, although New
York Life Ins. Co.
17.6-5,597
1,820,241
2,541,t76
7^,335
Tennessee is apparently much better able to pay the interest on
Total....
$141,237,153
$5,3:3,142
$7,973,477
her moderate debt, than any other Southern State now in default.
$2,120,325
*
In Georgia, a bill has passed one House, providing for the issue
This is exclusive of banking house property in each year.
It thus appears that out of a total amount of $141,287,153 o
of direct State bonds to fund the principal and interest of the
bonds and mortgages held on real estate in thi3
vicinity, the
recognized railroad bonds bearing the State endorsement. It is a amount
bought in by the mortgagees on foreclosures taking place
decidedly good sign that agitation of the State-debt question is during the year, could hardly have exceeded 149 percent of their
kept up; no policy is so demoralizing in the end as that of utter entire holdings, which is not a very bad exhibit.

In Government bonds the mmth




.

‘

„

...

BOND TABLES.

STOCK AND

NOT E S
These tables are

expressly intended to be used in connection with the

.

information concerning Investment matters, published from week to
foot of the,tables. Annual reports arc. in black-faced figures.
in the Chronicle each month, as soon as the official “Debt State¬

week in the Chronicle—to which an index is furnished in the remarks at the
A full description of U. 8. Government Securities is published regularly
ment” is issued.

quoted weekly in the Chronicle.
explanations of each column of the tables below:
Description.—Railroads leased to others will often be found under the lessee’s name. The following abbreviations frequently occur, viz.: M. for
“mortgage,” s. f. for “ sinking fund,” 1. gr. for “ laud grant,” reg. for “ registered,” coup, for “ coupon,” Br. for “ Branch,” guar, for “ guaranteed,”
Prices of all Stocks and Bonds are

The following will give

end. for “ endorsed.”
Date of Bonds.—The, date of issue on the

face of the bond is referred to in this column.
Miles of Road.—Opposite Stocks, this means the miles of road operated, on which the earnings are based; opposite bonds, the miles covered
by the mortgage.
Size or Far Value—These figures are dollars, showing the denominations or par value. The figures “ 100, Ac.,” signify $100 and larger.
Rate Per Gent.—The interest per annum itLgi ven for bonds, but the per cent of last dividend for stocks; g means gold; x, extra; s, stock or scrip.
When Payable.—J. & J. stands for Jan. & July; F. A A., Feb. & Aug.; M. & S., March & Sept.; A. A O., April & Oct.; M. A N., May & Nov.; J. &
D., June & Dec.; Q.—J., quarterly from January; Q.—F., quarterly from Feb.; Q.—M., quarterly from March.
Bonds,principal when due; Stocks, last dividend.—The date in this column shows the period when the principal falls due of bonds, but the tim e
„

when the last dividend

was

paid

on

stocks.

STATE
Subscribers will confer a great favor

For

by giving immediate notice of any error discovered In tliewe

Date of
Bonds.

DESCRIPTION.

and extended

Sterling bonds of 1850, extended
Sterling bonds, extended

do
do
do
do
Bonds of 1866
Bonds of 1868
New 8 per cent, loan of 1872
do
do
1873
Railroad substitution loan, gold (Act
Substitution bonds (A)

Size

Amount

or

par

INTEREST.

Outstanding

Apl.,’73)

1872
1866
18 GG
1870
18GG
18G6
18G7
1866
1868
1872
1873
1874
1876
187G

do
forRR. ($4,000 p.m. loan) (B).
Educational funded debt.
1870
Direct loan to Montgomery A Eufaula RR....
1870
Direct loan to Alabama A Chattanooga RR.. .
1870 to’71
Railroad bond indorsements
State certificates and Auditor’s warrants

'

$100&c.
100 Ac.
100 Ac.
•

•

•

601,000
128,900
299,275
20,343
33,992
205,620
279,200
150,500

•

....

....

....

100 Ac.
100 Ac.

1,000

1,000
1,000
100 Ac,
100 Ac.
•

•

•

•

....

•

•

.

•

....

18G9 to ’70
1,000
Funding bonds of 1869 and 1870
100 Ac,
1871
Levee bonds (or warrants)
1838 to ’39
Old unfunded debt, including interest
1875
Ten year b’ds (for $2,500,000) Act May 29/74
1874
Secured sinking fund bonds (Act. Dec., 1874)
1869
1,000
To Memphis A Little Rock Railroad
1870
1,000
To Little Rock & Fort Smith Railroad
1870
1,000
To Little Rock, Pine Bluffs & N. Orleans RR..
1870
1,000
To Miss., Ouachita A Red River Railroad
1870
To Arkansas Central Railroad
1,000
1863
State scrip
California—
500 Ac.
1863
Soldiers’ relief
1S70 to’72
State capital bonds
1873
500 Ac.
Funded debt bonds of 1873
Connecticut—
100 Ac.
1861
War bonds, 10-20 j'ear
?
o
1863
20 year
1,000
do
1864
do
20 year
1,000
o
w.
1.000
1864
do
10-30 year
c
.

•

.

.

....

....

....

....

23-g

J u

not taxable, 20 year

~

1865

District of Columbia-

„

100 Ac.

5
5
5
6
5
6
5
8
8

$57,000

|

705,000
172,000
4,655,000
456,000
2,810,670
300,000
2,000,000
9,193,000
998,135

Arkansas—

do

Rate.

•Value.

explanations see notes above.

Alabama—
State bonds, due in 1872
do
extended
do
do

'

SECURITIES.

3,209,000
1,986,773
1,975,465
276,500
256,000

1,200,000
1,000,000

1,200,000
600,000
1,350,000
1,398,512

l

g.
g.
g.
g.

8

7 g.
2 Ac,
5

Where

When

New York.
do
do
London. Union Bank.
do
do
do

J.
J.
J.
S.
J.
J.
J.

New York.

J.

6
7

J.
J.

& J.
A J.

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

A
A
A
&
A
A

©

do
do
do
do
do
do

May, 1892
May, 1886
May, 1886
Juno, 1890
1886
1886
1886
1886
1888
Jan., 1892
1893
1894

July 1, 1996
July 1, 1906

N.Y., Nat. Bank State N. Y.

....

©

Due.

Whom.

N.
N.
N.
1.
J.
J.
J.

8
8
8

©

Principal
Ripal when

Payable and by

Payable

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

Tables.

New York.
do

©

A J.

1889

....

N. Y., Union Trust
do
do

1899
1900

Co.

*10
6
7
7
7
7
7

5 A 8

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

1899
1900
1900
1900

April, 1900

....

•

7 g.
7 g.
<> g-

J.
J.
J.

A J.
A J.
A J.

509,400

6

877,000

6
6
6
6

J.
J.
J.
A.
A.

A
A
A
A
A

05,500
500,000
2,801,000

1,318,500
568,500
1,741,100

Sacramento, Treasury.
do
do

do
do

J.
J.
J.
O.
O.

Ilartford, Treasury.
do

do
do

do
do
do

do
do

1883
1885
1893

July, 1881
Jan., 1883
Jan., 1884
Oct., 1894
Oct., 1885

1,812,300
1,235,824
252,317

5, 6, 7 3
6

J. A J. N. Y., First National Bank.
July 1,1891
do
do
J. A J.
July 1, 1891
do
do
F. A A.
Aug. 1, 1924
J. A J.
July 26, 1892
Washington, D. C.
Oct. 1,19Q1 to ’03
do
J. A J.
1892
Various New York and Washington.
Various
Washington, D. C.
do
Q.-J.

350,000
884,500
4,000,000

7
6 g.
8 g.

J.
J.

500
1858 to’66
Atlantic A Gulf Railroad bonds
500 Ac,
1866
Bonds, act of Mar. 12, ’66 (renewal W. A A.;..
1870
1,000
Quarterly gold bonds, act of Sept. 15, 1870..
1870
1,000
Bonds, act of Oct., ’70, gold (int. semi-annual)
1872
1,000
Bonds, act of Jan. 18, ’72

900,000
3,600,000
2,098,000
1,880,000

250Ac.

1,100,500

6
7
7 g.
7 g.
7
8

Y., Fourth National B’k. 1878-’81 and 1886
do
do
May, 1886
do
do
Oct., 1890
Q.-J.
Not paid.
A. A O.
J. A J. N. Y., Fourth National B’k.
July, 18 92
N. Y., Fourth Nat. Bank. April 1,1877 to ’86
A. A O.

1872
Permanent improvement, gold, coupon or reg.
1873
do
do
currency
1874
Fund, b’ds (U.S. guar.,Acts June,’74& Feb.,’75)
1872
Market house bonds, coupon ..
1871 to’73
Potomac water bonds, coupon
1872
Washington funding, gold
1828 to ’G8
Other Washington debt

Corporation ot Georgetown

Florida—
State bonds
Consolidated gold bonds
Loan to Jacksonville, Pensacola

500 Ac.
....

50 Ac.
50 Ac.

1,000
100 Ac.
....

....

A Mobile RR.

1871
1873

i.ooo

1870

1.000

Georgia—

Bonds for

1873

funding (Act Feb. 19, ’73)

Alabama.—The State gives 30-year

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 coupons.
The ex¬
change may be made at Montgomery, and Alabama
& Chattanooga endorsed bonds may also be ex

4,000,000
677,300
13,743,050
152,400
476,000

307,500

6 g.
7
3-65
7
7
6 g-

N.
A
A

California.—The State holds in trust for School

personal

property,

$139,217,695

total,

changed (for $1.000,000of the new bonds, class C) at

$5!.*4,238.010.
This amount appears smaller from
the deduction of “solvent debts” in 1876, but
otherwise would have been much higher.
Tax,

An analysis of

The Governor advises the
gradual cancellation of the bonds held in trust
and the purchase of foreign securities in their
place.
("V. 19, p. 3 of' advertisements; V. 19, p.
o.» \

London. For railroad endorsements the bonds issued
bear5 percent. The report of Funding Commis¬
sioners is in V. 2), p 622, and amounts above given
are as

they stood November, 1876.

the debt and funding operations is in V.
The value of all "taxable property is

$160,000,000;

tax rate,

7}4 mi,Is.

24, p. 23.

73j£cents per $100.

>

D/W.)

r

given at

The assessed

valuation of real estate in 1875 was $83,851,252. (V.
22, p. 110, 151, 203, 521; V. 23, p. 39, 40, 397, 622; V.

24, p. 28.)
Arkansas.—Rate of taxation, 10 mills. The State
is in default for interest, except on the ten per cents
of 1874 and secured sinking fund bonds, issued
under fhe law of December, 1874. Assessed valua¬
tion of taxable property, } 94,095,243.
The total
interest overdue July 1, 876, was *4,127,68^ making
total bouded debt $15,903,310. A Board of Finance

Connecticut. —The debt of7 Connecticut was all
created for war purposes, and has been reduced
since i860 from $10,00 ),GC0 to the present figures by
sinking fund pu»chases. The lc-61 bonds are pay¬
able at pleasure since July, 1871, and those of 1864
since October, 1874.
Assessed va.ue of real and

personal property, $351,785,469; rate of taxation, 1
mill.

District of Columbia,—The total assessed value
of taxable real estate in 1S75 was $91,45.’,684. United
States Attorney-General Pierrepont rendered au

appointed in January, 1875, to confer with bond¬ opinion that the faith of the United States
of the State and ihey issued a notice as is pledged for the payment of interest on the
quoted in V 20. p. 161; also statement of finances, 3.65 bonds, but conflicting legal opinions have been
v. 23. p. 174,
See Chronicle. V. 19, p. 167, 189, rendered as to the right of New York savines banks
687; V; 20, p. 139. 161; V. 2i, p. 465, 590; V. 23, p. to invest in these, as government securities. The
interest due February, 1876, was not paid till March,
i74; Y. 24, p. 88.
was

holders




do

do

Jan.

1,1903

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

and fniversity funds the *500,000 Capitol bends
and $2,063,000 of bonds 1873.
Total valuation of
property, 1876, was as follows: Real estate, $454,-

990,351:

Y., Importers’ A Tr. B’k.

J.
J.

made by Congress.
1S76, and Feb., 1377, has
the Sundry Civil bill,
(V. 20, p. 239, 446; V. 21, p. 63, 417, 465; Y. 22
p. 131; V. 23, p. 542; Y. 24, p. 39.)

as

no

appropriation

was

The interest due Aug.,
been provided for "by

Florida.—Less the sinking fund of $49,900, and J.
P. and M. loan, the total debt is $1,199,700.
Real
and personal property are valued about $35,000,000;
tax rate, 7 mills.
The loan to J. P. & M. RR. is
secured by mortgage on road, and the question as to
the Sta’e’s obligation to the bondholders was before
the United States Supreme Court, ai d decided in

December, 1875, (V. 21, p. 501), in favor of the
State; no interest has been paid on these bonds
for some years past, and the road is to be sold by
the State in March, 1877.
(V. 21, p. 466; V. 22, p.
158, 233; V. 23, p. 576.)

Georgia.—In June, 1876, $*)09,000 bonds gold to
pay overdue coupons on recognized bonds of Macon
& Brunswick and North & South Railroads.
The
Sta e Legislature has declared void the semi-annual

gold bonds

of

1670

($1,880,000b and

$102,000

of the
quarterly bonds held by H. Clews & Co.:
the Brunswick A Albany bonds, ”$1.500,000: and all
railroad endorsements, except, $1,950,109 Macon &

Brunswick; $464,0 0 So. Ga. A Florida; $240,003No.
A 8o. Ga.; and $31,000 Memphis Branch. Assessed
value of property in 1876 was as follows: Lands,
$91,855,772; city and town property, $54,186,037;
personal, $99,811,94!; tota\ $215,853,7*0, against
$261,755,884 in 1375; rate of tax in 1877, five mills«

February 24, 18 7.]
Subscribers will confer

STATE
a

great favor by giving immediate

DESCRIPTION.
For

explanation

see

SECURITIES.

Date of

Size

Bonds.

par
Value.

notes on first page of tables.

or

notice of auy error discovered in tbese Tables*
INTEREST.

Amount

outstanding.

Rate.

When

Where

Principal when

whom.

Payable

due.

payable and by
.

Georgia—( Continued)—

Bonds to fund coupons on endorsed bondg...

1876

end’sem’ts(only $2,418,000 acknowledg’d) 1870 to ’71
Brunswick & Albany Railroad direct bonds...
1870
RR.

Illinois—
Interest bonds, inscribed stock
Refunded stock bauds
Normal University bonds
Thornton loan bonds
War bonds
Indiana—

$1,000

$500,000

7

J. & J. N. Y., Fourth National Bk.

1,000

7,545,900
1,500,000

7

J. & D.

1847

Bondg for various State purposes

Military loan
JjouisianarBonds for relief of State Treasury
Bonds in aid of various railroads
Levee bonds—Act 35 of 1865
do
Act 115 of 1867
do
special—Act 32 of 1870
Bonds funding coupons

200,000
510,000
3,904,783

7
6
6

101,175
739,000

6
7

J.

& J.

do

346,000

7

J. & J.

do

120,000
518,000

6
6
8
6
8
6
8
7
6
7-30
8

J.

....

1853

500

1,000
1,000

1,000
500
100 &c.

do
to Boeuf & Crocodile Navigation Co...
do
issued to State Penitentiary
do
to fund floating debt of State
do
to Mississippi <fe Mexican Gulf Canal..
to Northern Louisiana & Texas RR. Co.
do
do
school & seminary, held by St. Treas..
1857
do
to N. Orleans, Mobile & Chatt. RR
1870
do
1871
to N. Orleans, Mobile & Texas RR
N. O. Mob. & Texas RR. bonds, end. by State
1869
Consolidated funded bonds
1874
Maine—
Civil loan bonds
1851 to ’61
op
War loan bonds.:
1863
1863
Bounty loan bonds
do
do
1864
gu
1868
Municipal war debt assumed

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

,

"

1,000

913,164
224,000

207,000
526,000

747,500
100,300
80,000
87,000
1,672,000
260,000
10,000
184,000
70,000

2,500,000
875,000

100 &c.

9,306,900

500 &c.
500 &c.

25,500
385,000
307,000
2,330,000

Railroad

Chesapeake & Ohio Canal
Susquehanna Railroad
Annapolis & Elkridge Railroad
Defense Bounty Loan
Deaf and Dumb Asylum Loan.
Maryland Hospital Loan, 10-15 years
Maryland State Loan
Baltimore &

1,000
500 &c.
100 &c.

1838
1838
1838
Various.
1839
1837
1870
1839
1839
1868
1870 <fc ’74
1872 & ’76 100 &G.
1872
.....

....

1857
1861 to ’62
1862
1863
1863
Bounty Fund Loan
1864
.
Bounty Fund Loan
1864
do
do sterling
1869
War Loan, sterling
1858 to ’61
Troy & Greenfield Railroad loan, sterling
1861 to ’63
do
do
home
1868
do
do
sterling
1871
do
• do
sterling
1875
do
do
sterling
dollar bonds 1873 to ’74
do
do
1875
do
do
do
1860
Southern Vermont Railroad Loan
1857
Norwich & Worcester Railroad Loan
Boston, Hartford & Erie Railroad, sterling... 1868 to ’69
1874
Harbor Land Improvement (5-20s)
1874 & ’76
Danvers Lunatic Hospital
1875-’76
Lunatic Hospital, Worcester
1875
New State Prisons, sterling

1,000

(Western Massachusetts)...

500

Back Bay Lands Loan
Union Fund Loan
Coast Defense Loan

Macon & Brunswick Railroad endorsement was de¬
clared valid by Legislature of 1872. but the later
issue of $600,000 was declared void by the Legisla¬
ture in 1875.
Governor’s Message, V. 24, p. 89.

(V. 22, p. 410,

590, 614; V. 23, p. 622; V. 24, p. 89,

152.)
Illincis.—The debt has been rapidly reduced of
late years, and, without the addition of new loans,
will soon be extinguished.
The Illinois Central
Railroad charter tax on earnings contributes over
$300,O<J0 per year to the State revenue. For 1876
the total assessed value as equalized was: personal

in the State:

are also $139,000 of war bonds.
question as to the State’s obligation to

Indiana.—There
There Is &

pay

the Wabash & Erie Canal debt. A reference

“




do

do

Jan., 1880
April 1, 1878
April 1, 1879

N. Y..

6

8
8
8
7

Donnell, L. & Co.

1883 to '84
1877 to ’99
1884 to ’99

do
do

J. & J. N. 0., Louisiana Nat. Bank.
do
J. & J.
do
N. Y.. Winslow, L. & Co.
M. & S.
do
do
M. & N.
M. & S. N. 0., Louisiana Nat. Bank.
N. Y., Winslow, L. & Co.
A. & O.
Various N. 0., Citizens’ Bank of La.
N. Y., Winslow, L. & Co.
J. & J.
A. & O.

July, 1893

1872 to 190©
1886

May 1,

& J.

M.
M.
F.
J.
A.

& S.
& S.
& A.
& D.
& O.

J.
J.
J.

& J.
& J.
& J.

N.

Y., Winslow, L. & Co.

1907

March 1,18751886 & '88
Jan. 1, 1890*
March 1,1909

May, 1910
1899
1909
1897

July 1,1910
April, 1911
•

J.

2,826,900

1,000
1,000
1,000
500 &c.
£100 &c
£200
£200 &c
500 &c.
£100
200 &c.

£500

*

2,028,888
2,551,444
434,000
155,615
31,069
269,000
528,355
298,435
62,605

3,226,750
225,000
465,000

454,361
50,000
220,000
600,000
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

1,000
1,000
5,000

1,300,000
200,000

1,000

400,000

£200

3,599,024

1,000
1,000

700,000
1,350,000
1,100,000
1,292,280

1,000
£500

6
6
6
6
6

5 g5 g5 g5
5
3
6
6

do
do
do

Augusta and Boston.
London, Baring Bros.
do
do

& J.

Q.-J.

A. & O.

6
6
6
6

J.
J.
J.

& J.
& J.
& J.

g.

g.
g.
g.
g.

g.
g.
g.
g.
g*
g.

gg.
g.

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

that may be designated in the bonds; the principal
in not less than one year nor more than ten years
after the date of such bonds, and the interest,
annually or semi-annually, as may be therein pro¬
vided, to provide the means with which to complete
such
buildings;
provided that
such bonds
shall not be sold at a price less than ninetyfour cents
on
the dollar, nor bear a greater
rate
of
interest than eight per
centum per
annum.” A similar law was passed for counties.

203.)

Kansas— Kansas has but a small State debt, but
the issues of municipal bonds have been large.
The
valuation of
real and personal property
in 1875 was $121,544,344; tax rate, 6 ..mills for
State
purposes,
and an average of 3.78 per
$100 for al purposes. State funds hold $759,250 of
the bonds.
(V. 2'\p.l1: V. 21. p. 40.)

v

do
do
do
do
do
do

v

do
do
do

do

....

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

do
do

do
do
do
do
do
do
do
do

Quart’y
J.

do
do
do

Baltimore, State Agency.

Q.-J.

6

6
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
6
5
5
5
5
5

Boston, Suffolk Bank.

A. & 0.

origin of that debt, arising from the State’s
compromise with the bondholders in 1846, will be
Louisiana.—The funding bill passed Jan. 24, 1874,
fonnd in the Chronicle, V. 19, p. 493; see also p.
596. A suit on the question was brought and decree scaled the debt down to 60 per cent of the face value.
of sale obtained (V. 21, p. 86; V. 22, p. 104,6151. Tax¬ For coupons lacking on bonds funded, similar coup¬
able valuation, 1876—real estate, $633,246,860; per¬ ons are’.ut from the new bonds issued: interest on
sonal, $:22,86?,781; railroads, $88,208,936; corpora¬ consol >onds is paid in New York, but no inter¬
tions, $4,900,811; total valuation,
$864,720,440, est paid on bonds unfunded. These consols, were
against $897,739,783 in 1875, and $988,581,067 in 18:3. admitted to New York Stock Exchange, May,
Tax rate, 18 mills.
A law permitting towns to 1876. In December. 1876, there were nearly $3,000,issue bonds was passed in 1875, the main section 000 old bonds in New Orleans awaiting funding, but
the Governor would call no meeting of the Board to
being as follows:
Section i.—Be it enacted hv the General Assem¬ act on them. The principal bonds not fundable are,
bly of the State cf Indiana, That any corporated $119,000 of RR. bonds; $48.000school; $260.000Miss.
town In this State which shall have heretofore, by & Mex. Gnlf Canal; $80,000 Boeuf & Cr. Nav.;
the action of its Board of Trustees, commenced the $875,000 N. O. M. & Tex. endorsed; and $2,509 000
erection of any public buildings, to he used as a N. O. Mob. & Texas. The same tax of 14# mills,
market house, engine house or other public pur¬ in 1875 as in 1874 (in 1873 tbs rate was 21# mills )
poses, and shall not have the necessary means with The total assessed value of *3*1 estate in 1875 was
to the

Jan., 1880
Jan., 1880

& J. N. 0., Louisiana Nat. Bank.
do
do
Various
do
do
Various
N. Y., Winslow, L. & Co.
M. & N.
do
do
M. & S.

State taxes,

$3,966,596; County taxes, $6,438 787; City taxes,
$6,995,662; Town, district and oth r local taxes,
$11,606,414; total, $29,007,461. (V. 24, p. 40.)

Various

do
do
do

New York.
do

July.

aggregate $10,000, in denominations of not less than
$50 nor more than $500, and payable at any place

p.

Jan., 1878

do
do
do

Various

which to complete such building, on the passage of
an ordinance authorizing the same by the Board of
Trustees of said incorporated town, issue the bonds
of such town to an amount not exceeding in the

property, $206,908,736; lacds. $490,119,202; town and
city lots, $261,795,241; railroads, $38,926,090; capi¬
tal stock of corporations, $3,373,751; total, $1,001,123,110. State tax in 1876, 2*8 mills. For the year (V. 22,
1875 there was levied

-

&

Y., Am. Exohange Bank.

•

•

®

Jan., 1914
*

Maryland-*

Baltimore & Ohio Railroad sterling
Chesapeake & Ohio Canal sterling
Susquehanna & Tide Water Canal.

A. & O.
A. & O.

142,300

100 <fcc.
100 &o.

1866
1867
1870
1866
1870
1869
1870
1869
1869

&
&
&

1,000

....

1861 to ’69
1864 to ’65

&

J.
J.
M.
J.

100 <fcc.

1875
1876

1861 to ’69

Bonds, 1801 to ’00, funding, <fcc

J.

23,000
86,000

1,000

:

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

6
6
6
6
6

1,000

do
do
School fund bonds (uon-negotiable)
Kansas—

Massachusetts—
Lunatic Hospital

Deo., 1890

paid.

•

Bonds, short loan

Railroads and canals
Eastern Shore Railroad.
Baltimore & Susquehanna

July 1, 1896

?

Not

Boston, Treasury.
do
do
do
do
do

do
do
do
do
do

London, Baring Bros.
do
do

do
do

Boston, Treasury.
Loudon, Baring Bros.
do
do

'

do
do

Boston, Treasury.
do

do

do

do

do

do

London, Baring Bros.
BostoQ, Treasury.
Boston, Treasury.
do

do

London, McCalmonts.

March

1,1878
March, 1883
Aug. 15,1880
June, 1889
Oct., 1898
1890
1890
1865
1880 & 1890
1890
1890
1885
1890
1890
1883
1885 & '89
1887 & 1891
1887
*

June, 1877
May, 1880
July, 1877 to '78
July, 1883
July, 1883
May, 1894
May, 1894
July, 1889
Oct., 1888 to ’90

April, 1890 to ’94
April, 1882
July, 1891
Jan. 1, 1895
July, 1891 to ’94
July, 1895
April, 1890
July, 1877
Jan. <fe July, 1900
July, 1804
July, ’94-Sept., ’96
May, ’95-Sept., ’96
Jan. 1, 1895

$150,507,073; personal. *40.349,547; of which New
Orleans had $98,463,269 of real and $26,118,883 of
personal. The gross revenue in 1875 was $3,286,158
and expenses $3,185,707.
The $2,500,000 bonds to
N. O. Mob. & Texas Railroad have been declared

Court, but a re-hearing
476, 521, 546; V. 21, p. 15,
63, 110, 159, 231, 489, 535, 613; V. 22, p. 62; V. 23, p.
void by State Supreme
granted. (V. 20, p. 78, 83,

525, 595.)
Maine.—The sinking fnnds ($791,291), January,
1877, reduce the total debt to a net amount of
$5,129,107.
Valuation of total taxables in 1875,
$255,000,000; tax rate in 1876, 3% mills.

Maryland.—The assessed valuation of property in
was $429,112.4.8, on which the rate of taxation
was 17# cents per $100; income from dividends
on railroad, canal and other stocks owned by the
State was $72,.r62.
The State has Largely assisted
canals and railroads, and holds $*4,454,370 of stocks
and bonds of companies paying interest promptly,
leaving only $6,276,154 of debt without any onset;
the State also holds $22,957,935 in unproductive se¬
1876

curities.

^

Massachusetts.—All interest on the funded debt of
Massachusetts is
paid in coin.
The credit of
the State stands high in London and at hdne.
During 1876 ' the funded debt was reduced

The sinking funds m January, 1876,
$11,725,309. The Hoosae tunnel him cost

$336,0(0.
were

the

State about $17,200,079.

1876,
$1,262,142,826;
bank
shares, $588,406,162;
in

Real estate assessed
personal,
including
tax rate, 1875, 1‘Ofl

The loan to B. H. & E. Railroad was
secured by deposit of $3,600,000 “Berdell” mortgage

mills.

bonds, afterwards exchanged for new stock.

(V.

20, p. 335, 521; V. 11, p. 277; V. 22, p. 62; V. 23, p.

354.)

[February 24, 1877,

SECURITIES,

STATE

in

Subscribers will confer a great favor by giving Immediate

notice of any error discovered in these Tables.
INTEREST.

Date of
Bonds.

DESCRIPTION.
For explanations see notes on first page of

tables.

Michigan—
Renewal Loan Bonds
Two Million Loan
War Bounty Bonds
Sainte Marie Canal bonds

Size

par
Value.

1858
1863
1865
1859

$1,000
1,000

1867
1868
1869
1873

1,000
1,000
1,000

1858

1,000

outstanding.

1,000

1,000

University and Lunatic Asylum bonds....

State Bank stock refunding
Bonds to North Missouri Railroad
Bonds to Cairo A Fulton Railroad
Bonds to Platte County Railroad
Bonds to Iron Mountain Railroad
Pacific Railroad of Missouri
Southwestern Branch Pacific Railroad....

Funding bonds
Renewal bonds, coup., 5-20s, (act Mch. 29, 'll)
Hannibal <fe St. Joseph Railroad
do
do
renewal..
Nevada—
State bonds
Territorial bonds
New Hampshire—
War loan, coupon bonds
do
do
Municipal war loan
State bonds
New Jersey—
War loan bonds, tax free
do
do
do
do
do
taxable
New York—

1,000

1865 to’66

1,000

1868
1872
1874
1854 to’58
1857 to ’59
1859 to ’60
1854 to ’59
1853 to ’59
1857 to ’66
1874
1875-6
1857 to’75
1874

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

Canal debt,

-

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

s

A J.
A
A
A
A

439,000
2,727,000
401,000

6
6
6
6
6
6

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

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

784,000
1,000,000
3,805,000

2,715,000
285,000
160,000

1861
1864
1872
1873

1,000
100 Ac.
100 Ac.

213,000
600,000
2,206,100

1861
1863
1864

100 Ac.
100 Ac.
100 Ac.

800,000
900,900
593,400

6
6
6

J.
J.
J.

A J.
A J.
A J.

1,000
o© r

1,057.000
4,895,500
561,500

7

J.

800,000

1,537,887

a o

1872
1873

1,562,900
847,500
4,302,600
2,000,000
66,443

{yoa

1874

Registered certificates of literary fund
Penitentiary bonds, act Aug. 24, 1808
Special tax bonds
do

do

do

June, 1880....

1860
1856

J.
J.

A J. N.
& J.

26,500
200,000

7
7

J.
J.

A J.
A J.

400,000
395,000
87,000

6 g.
5 g.

J.
J.
J.
F.
F.
F.
F.
F.

A
A
A
A
A
A
A
&

100 Ac.
100 Ac.

Oregon—
Bounty bonds

Willamette Canal and Lock

1870

Pennsylvania—
Inclined plane loan
Coupon loan (except $53,000 reg.), April 2
do
April 2
do
May 4

Registered loan, May 4

Coupon loan (except $41,000 reg.)
Stock loan of Feb. 2 (registered)
do
do
(coupon)

April 19.

Michigan.—The debt has been largely diminished
in the last few years.
Assessed valuation of real
and personal property, 1876, $(>30,000,000, and tax
rate 2 4 mills.
Surplus revenue is applied to pur¬
chase of bonds. (V. 20, p. 139.)

Minnesota.—All the State bonds are now held by
the permanent school fund. Minnesota is usually
classed among the States which have avoided their

....

1849
1852
1852
1852
1852
1853
1867
1867

1,000

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

2,804,000
'

441,500
273,000

7,423,400
369,000

4^g.
5 g.
5 g.
5 g.
6
6

property in 1876, $145,918,221; personal $160,497,340;
total, $596,9)4,707, against $612,731,094 iu 1875.
State tax, 3 mills.
New York.—There is also $68,000 contingent debt
of Long Island Railroad, and $7,361 per annum for

Indian annuities. An abstract of the Comptroller’s
report was given in V. 21, p. 17, showing a net

reduction of $5,012,787 in the debt for year ending
39, 1876. The following were valuations ana
obligations, in consequence of her refusal to recog¬ Sept.
tax rate for State purposes in the years 1859 and
nize the “State Railroad bonds” of 1858 to the
amount of $2,275,000. See Governor’s Message, V.22, 1865, and from 1870 to 1876 : Personal.
State tax.
Year.
Real Estate.
p. 63. Property valuation, 1875, $213,855,743, of which
2%
1859.... $1,097,564,524
$307,349,155
was
personal;
tax,
21-10
•
19,
$45,162,467
mills. (V.
4 53-80
1865...,
392,552 314
1,158,327,371
p. 493; V. 22, p. 567; V. 24, p. 40.)
7 41-156
1870...
481,28-1,278
1,532,720,907
5 79-120
452,607,732
1,599,930,166
Missouri.—'The equalized valuation of all real 1871...
9 'i
147,248,035
and pergonal property in 1876 was $1,001,123,110. 1872...
1,644,379,410
6 95-100
437,102,315
1,692,523,071
Railroad property was assessed at $54,849,312, 1873...
418,608 935
7)4
1.750,698.918
as returned to the County Courts;
but at only 1874...
6
407,427,399
1,960,352,703
$19,861,141, as returned to the State Auditor in 1875...
3 11-24
357,941,401
2,108,325,672
1875.
The State had $1428,000 bonds maturing 1576...
in 1875, and $3,907,000 in 1876.
To provide for For the fiscal year, 187.5-6, the tax rate was reduced
these, a law of 1875 authorized the sale of new to 3 11-24 mills. This was partly owing to the con¬
bonds, and the State Commissioner's report to July, siderable reduction in the Bounty debt, and the in¬
1876, is in V. 23, p. 135. The Hannibal & St. Joseph crease of sinking fund resources. For 1876-7 the
Railroad provides for its own debt. Bonds falling Comptroller recommends a tax rate of 2% mills.
due are paid in currency, pursuant to a resolution He disapproves of the large increase in the assessed
of the Legislature, although some of these bonds are value, as shown above, and claims that there has
payable by their terms in “ gold or silver.” (V. not been a real increase in value to the extent
20, p. 83. 161, 290. 313, 336, 383. 477; V. 21, p. 277; shown by the figures. Local taxation was $10,632,V. 22, p. 83, 591; V. 23, p. 135, 397, 498.)
718 on town taxes, and $32,986,475 on county taxes,
Nevada.—The debt of Nevada is hardly more than making, with the Sta’e levy, a total of $52,148,388
raised by taxation, of which $30,105,108 was in
nominal.
New York City.
In 1874, the local debts of
New Ha,npshire.—The debt of New Hampshire cities in New York State were $137,539,6 9; of
was created^for war purposes, and is being gradually
counties, $46,685,264, and towns, $25,140,181.
(V.
reduced. The Municipal loan of 1872 was issued to 20, p. 23, 60, 615; V. 22, p. 63, 471; V. 24,
cities and towns, the proceeds to be applied to their p. 17.)
war debts.
Total valuation in 18.6, $199,083,353.
North Carolina.—North Carolina is heavily burden¬
Tax rate, $2 per $1,000.
ed with debt, in proportion to her taxable property.
New Jersey— The debt was created for war pur¬ Total property was assessed in 1872 at $123,507,628, a
low valuation. Interest is paid on bonds issued
poses. Of the first two classes of bonds the princi¬
pal ia payable
year.
of real to North Carolina Railroad ($2,800,000), as the




.

.

.

.

.

.

.

.

.

$100,003 per

Valuation

,

1895-6
1887 to'95

do

1881 and *82

March, 1887
Boston.
do
do
do

July, 1878 A *78
Sept., 1884 to ’89
Jan., ’92 to 1905

Jersey City.

Jan., 1878 to *84
Jan., 1886 to *96
Jan., ’97 to 1902

or

do
do

1879 to *80

April, 1877
April, 1877
At will.

July, 1878
At will.

Oct., 1893
Dec., 1877

do
do
do
do
do

July, 1887
1,1B83
July 1,1891
Oct. 1, 1892

Jan.

On demand.
to
to
to
to

*98
*98
*98
*98

Jan., 1900
Oct., 1898

Raleigh, Treasury.

Indefinite.

New York.

Oct., 1898

do

1898 to *99

O.

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

1868
1868
1868
1868

New York.
do
do
do
do
do

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

*88
*89
*90

July, 1894

Albany.

6
6

44,000

Ohio—

Registered loan, payable after June, 1881

0.

to
to
to
to
to

*89
*87
1876

N. America.

do
do
do
do
do

4,072,640
2,400,000

....

1,000
1,000

1877
1877
1889
1877
1876

Albany.
N. Y., Manhattan Bank.
Albany.
N. Y.,Manhattan Bank.

11,407,000

1,000

July, 1892

do
do
do
do
do
do
do
do
do
do

N. Y. Manhattan Bank.
do
do

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

A
A
A
A
A
A
A
A
A

100 Ac.
100 Ac.

do

Trenton and
do
do

....

J.

1883
1888

of Commerce.

do
do
do

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

4,738,800
3,639,400
2,3S3,000
1,695,000
2,417,400
1,711,400
383,045

1,000
1868
1867
1868

5 A 6 g.

Concord

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

1879
1883 to 1903

do

6
6
6
6
6
6
6
6
6

500 Ac.
500 Ac.

.

J.
7
5 g. J.
C g. J.
5 A 6 g. J.
6 g. J.
6 g. J.
6 g. J.
6 g. J.
9 g- J.
6 g. A.

1877
1878

State Treasury.

9*2 A 10 Various
M. A S.
9*e

500,000

July, 1879

Dec., 1887

J. N. Y., Bank
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
do
J.
J.
N, Yr., B’k
do
J.

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

473,000
880,000

..

6
6
6
6
6
6
6

July, 1878
1878 A *83
May, 1890

do
do
do

St. Paul, Treasury.
do
do
do
do
do
do

J.
J.
J.
D.

J.
M.
J.
J.

1875

i-866

6

Due.

Exchange Bank.

do
do

N.
J.

6
6
6
6

1,000

tax)

J. N. Y., Am.
do
J.

J.
J.
J.
J.

800,000

......

A
A
A
A

J.

2,256,000
392,000
504,000
1,872,000
2,973,000

Comptroller’s bonds (by Rev. Stat’s)
North Carolina—
Railroad and improvement bonds, old
do
do
do
old
RR. and improv’t bonds, new (not special
do
do
do
do
Funding bonds, since war
do
do

Whom.

7
7
7
7
7

1,000

1873

Payable

100,000
100,000
50,000
250,000
2,275,000

1,000

1827 to ’32
General fund debt—Astor stock
1848
do
do
do
deficiency loan
1848
do
do
do
do

Where Payable and by

J.
J.
M.
J.

1871
1872

Bounty loan bonds, coupon
do
do
registered stock

When

6
6
7
6

104,000

1,000

Rate.

$101,000
822,000
357,000
46,000

Minnesota—
State Building Loan
do
do
do
do
do
do
ooupon
Railroad Bonds (not recognized)
Missouri—
State bonds
Consolidated bonds

Principal—When
ipai—

Ameunt

or

July, 18.
Jan., 18

Y., American Exch. B’k.
do

do

1884
1880

State Treasury.

April, 1879
July, 1882

Phila., Farm. A Mech. B’k.
do
do
do
do
do
do

do
do
do
do
do
rdo

do

[do

-

July, 1882
Aug., 1877
Aug., 1877
^

Aug., 1878

Feb., 1877 to *82
Feb., 1877 to '82

State holds $3,000,200 stock and receives div¬
idends thereon. Other interest in default. A fund¬

ing bill passed the Legislature March. 1875. (See
Chronicle, V. 20, p. 336.)
In New York, bonds
are classified thus: “Old,” being those issued prior
to May 1, 1861, coupons on from Jan: ’69; “ N. C. R.
R.” issue of $2,800,000 to that road, coups, on since
Jan. & April, ’69; ^ame “coup, off” nave had 7
coups, paid: “funding act ’66 carry coups. Jan.,
’69; “funding act”
'68 carry coupons April,
’69. “ New ’’—authorized before war, except $1,500,000 in 1868; “Special tax, 1st,” carry coup. April,
’69; “ 2d ” coup, of Oct. ’69; “ 3d ” coup. April, 1870.
(V. 21, p. 570; V. 23, p. 599, 615, 647; V. 24, p. 17_.)
Ohio.—Ohio has a very small State debt, but

large local debts, amounting in 1876 to $36,059,973.
Valuations in 1876 were : Real estate iu cities, Ac.,

$371,848,028; other, $704;940,269; personalty, $520,6?l,59w. Tax rate In 1875, 3 2-10 mills for State, and
an
average of 25 9-10
mills for local purposes.
Report on State and local debts, V. 22, p. 64; V.
21. P. 17 )

Oregon.—The debt is provided for by sinking

funds, payable from land sales. Taxable property
1875 was assessed at $41,197,149;
mill tax
was laid for Relief bonds and 1 mill for Bounty

in

bonds.

Pennsylvania.—Total debt Nov. 30,’76, $22,978,950;

available assets. $9,054,910; net debt, $13,924,039.
The financial system is remarkable in Pennsylvania,
in the fact that no tax is laid for State purposes on
real estate.
Revenue is raised from numerous
sources, principally from corporations.
Taxes are
levied on personal property, which was assessed at

$159,318,817, and the tax ivas $574,817 iii 1876. State
expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency.
The State holds $1,751,321 in stocks and $8,300,000
of railroad bonds. Interest is paid in gold on all the
State debt issued prior to 1867. Any coupon bonds

may be changed
1877 are payable

till 1992.

to registered. The bonds due in
at any tim« till 1882; those of 1882

(V. 21, p. 137; V. 22, p. 64.)

febiwftrjr 24,187/.]

STATE SECURITIES.

Subscriber* will confer

a

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

DESCRIPTION.
For explanations see notes on

Date of
bonds.

Btocn loan of Feb. 2 (registered)
do
do
(registered)
do
do
(registered)

Agricultural College land sorip.........

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

Size

or

par

first page of tables.

rennsyhtania (Continued)—

value.

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

1862
1863
1863
1864

1,000
1,000

989,000
200,000

1,000

631,000
738,000

....

1,000

1854
1,000
1808
1,000
1808
1,000
1868
500,Ac.
1869
500,Ac.
1869 to ’70 500,Ac.
1838
1838
1869
1873
Various

Conversion bonds and stock.
Land commission bonds
Fire loan bonds, sterling.
do
stock, domestic
Bonds—Relief State Treasury.
Consolidated bonds, coup. (Funding act)
do
stock (Funding act)
Railroad endorsements
Tennessee—

....

....

«...

1873

.

funding bonds, act of 1873

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

Bonds, registerable, not presented
Held by E.T. University (not to be fimded)...

Various

1874
Various.
Various.
Various.

1,000
1,000
Various
....

1,000

....

Texas—

Funding State debt

1866 A ’71

Funding warrants, act May 2,1874

Bonds, act Mar., 1874 (for paying float’gdebt)
Veteran Pension bonds, act Aug., 70 A Apl,

1874
1870
1872
1874
1874

War loan

1862

Frontier defense, gold, act August 5,1870
Revenue deficiency bonds, act Dec. 2,1871..

bonds, coupon.
registered

1862

Virginia-

Old bonds, 23 fundable, coupon
1851 to’66
do
do
23
1851 to ’66
registered
do
1851
sterling, not required to be funded
Consol. (Act Mar. ’71) coup, tax receivable—
1871
do
do
1871
reg., conv. into coup...
do
do

(Act 1872)

not receivable
do
do
Deferred certificates (w. Va.)
Interest on sterling debt, funded (Act 1871)..
Interest unpaid Sept. 30, ’76, on debt proper.
coup.,
reg.,

Rhode Island.—The debt

was

all created for

war

The
purposes and is being steadily diminished.
valuation of real property in 1876 was $185,159,848,
and personal, $86,89 928, and tax rate 15 cents on

$100.

So. Carolina.—The Governor’s message on finances
in V. 21, p. 535.
The funding law approved Dec.

22,1873, provided for scaling down the old debt by
giving new bonds to the extent of 50 per cent, and

declared void the conversion bonds to the amount
of $5,965,000.
The January, 1876, interest was
on consolidated bonds in April, 1876. The in¬
terest due in July was only paid in part. Total
valuation of all property—in 1875t real estate,

paid

1872
1872
1871
1871

$90,400

23,684
520,346
240,000
401,700
680,000
177,000
261,000
370,500
648,300
22,000
481,944
218,423
10,000
4,023,000
149,254
4,797,608

6,617,000
16,194,000
661,000
460,000
396,000

100

500,Ac.
500,Ac.

134,000
137,000

1,000
1,000
1,000

500Ac*
Vari’s 5
£100 Ac

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

Various

Rate.

9,251,850
723,950
500,000

200,000
499,000
697,000
500,000
1,000,000
1,070,357

1,060

Vermont—
do

outstanding.

$50 Ac.
50 Ac.
50 Ac.

INTEREST.

Amount

1807
1867
1867
1872

1794
Various
1836 to ’61 Various
1853 to’54
1,000
1860
50,Ac

;

Blue

New

-

6,401,285

6
6
6
6

M.
A.
J.
F.

6
5 A 6

....

Q.—J.
J.
J.
J.
J.
A.
A.
J.
J.
J.

6
10
7 g.
7 g.
7 g.
10

A
A
A
A
A
A
A

A
A

ordinary

resources

do

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

Columbia, 'Treasury.

Columbia and New York.
do
do
do
do

do
do
do
do

At pleasure.
1877 to ’86
1871 to ’80

July 1,1887 to *97
July 1,1875 to "79
July 1,1888
July 1,1888
July 1,1889
July 1,1882

July 1, 1914

Y., Fourth Nat. Bank,
do

do

1888

July 1,1893
July 1,1893

J. & J. N.

Y., Fourth Nat. Bank.

1875 to 1900
1900
1875 to 1900
Various.

Various N.
J. A J.
M. A 8.
J. A J.
J. A J.
J. A J.

Y., Bank of New York.

1877 and 1891

....

....

-

6
6

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

A
A
A
A
A
A
A
A
A

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

do
do
do
do
do

do
do
do
do

March 1,1904

do

1894

Jan., 1884
1910
1892

Boston, N. B. Mut. Red’n.
Montpelier, Treasury.

Dec., 1876-78

New York.

1886 to ’95
At pleasure

Richmond, Treasury.
London, Baring B. A Co.
Richmond, Treasury.
do
do

1890

1886
1905
1905

do

London, Baring B. A Co.

Contingent
1905

....

for 1817 at

$1,376,490;

$707,200; leaving ;$689,290 ap¬
plicable to interest on the bonds, for the full pay¬
ment of which about $1,200,000 would be required.

The rate of taxation is
40 cents on the $100.
Tennessee bonds, sold in New York as “old,”
are those issued before 1862, and having coupons
of July, 1869; Old “ex coupon,” have only the

coupon of July, 1875; “ New,” issued since 1862 car¬
rying coupon of July, 1809, “ ex coupon” July, 1875,

only; “New Series,” the new funding bonds. (V.
21, p. 87, 313, 614; V. 22, p. 472; V. 23, p. 16, 397; V.
$88,177,218: personal, $46,791,006; rate of taxation 24, p. 40, 112.)
in 1874, 12, mills. (V. 20, p. 84, 241, 291, 358, 547;
Texas.—The State Comptroller, in February,
V. 21, p. 489, 614; V. 23, p. 40.)
1876, reported total funded debt $4,249,757; floating
Tennessee.— The coupons of July, 1875, together
debt, $543,137, and bonds of douotful validity
with those of July, 1874, and Jan., 1875, remaining
remaining in hands of State Treasurer, $812,210.
due, were paid in September, 1876.
The law The 10s due in 1381 are redeemable after July, 1877,
passed in March, 1S73, provided for funding and a law has been passed for their payment.
all
putstanding, legally issued bonds, due The valuation of taxable property in 1875 was
between July 1, 1874, and July 1, 1854, as well as
$250,853,759. against $24:,841,860 in 1874. Tax rate,
all past-due coupons, and coupons maturing on 50. From the
Comptroller’s report we have the
or before Jan. 1, 1874, in a 10-40 year 6 per cent
following statistics for 1875:
bond. The total debt given above is, substantially, Total value of taxable
property assessed. $250,853,798
according to the last report of the Comptroller, State tax
1,254,354
January, 1877.
The debt of solvent railroads is Poll tax
198,322
$3,458,145, and total debt, less that amount, $22,852,- County taxes
1,959,134
011, including $129,020 outstanding warrants and Mile3 of RR. in the State ass’d for taxes...
1,437
$2,088,746 past-due interest, against which $95,633 is Value of railroads
$16,605,122
owed by solvent railroads. The State’s endorse* Number of acres of land
assessed in the
mentsfor railroads are $1,802,000. of which $1,560,000
State...
66,637,920
is taken care of by the roads. Bonds to amount of Value of lots
assessed in the State
44,666,937
$75,000 are now over-due, and $80,000 more fall due
in 1877; these are fundable at the option of the (V. 20, p. 84; V. 22, p. 281; V. 23, p. 452.)
Legislature.
Total valuations in 1876 were as
Vermont.—This State has a very small debt—all
follows: Land, $183,228,365; town lots, $57,578,231: created for war purposes. Of the registered bonds




March, 1882
April, 1893
July, 1898
Aug., 1894

do
do
do

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

expenses,

*

do
do

July 1,1868
July 1,1868

J. A D.
J. A D.

6

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

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

6
6

5
6
6
6
6

Phila., Farm. A Meeh. B’k, Feb., 1877-1882
do
do
Feb., 1882-1892
do
do
Feb., 1882-1892
Harrisburg Treasury.

Q.-J.

other taxables, $37,213,908; total in 1876, $278,020,531, against $233,033,583 in 1875. The Comp¬
troller estimates

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

due.

Q.—J.

5, 514, 6
5
6

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

Principal—when

payable and by
whom.

Payable
F. A A.
F. A A.
F. A A.

5 g6 g.
7
6
6

f
l

Where

5
6
5
6

3 g.
6 g.
6
3 g6 g.
6 g.
6 g6 g6 g-

2,331,250
18,239,600
1,997,415
2,021,000
1,196,786
15,239,370
212,833

1,676*827

When

$135,500 are held for Agricultural College,
sinking fund, Ang. 1., 1876, was $135,932.

The

Virginia.—'These amounts are exclusive of
bonds held by Literary fund and Sinking fund.
The Funding act of 1871 provided that coupons
of the funded bonds should be receivable for
State taxes. For 2-3 of the old bonds a new bond
issued, and for

was

the other

a

deferred

certificate

given (as the proportion due by West
Virginia). The act of 1872 amended that of 1871
by not allowing coupons to be received for taxes.
The sinking fund holds $2,446,983 of State bonds
and certificates.
All interest over-dne and unpaid
to September. 30, 1876, (on the basis of 4 per
cent) was $1,676,827, which included coupons from

Jan.

1,1875.
Assessed value of real estate in 1376
$242,756,548, against $251,573,611 in 1873. Per¬
sonalty in 187r>, $73,560,940. Tax rate, 5 mills. The
receipts and expenditures for fiscal year 1875-6, were
as follows: The ^revenues amounted to $2,679,339.
They exceeded the average annual receipts of the
previous six years by $201,276, and they exceed¬
ed the receipts of the fiscal year 1874-5 by $161,549.
was

The disbursements were as follows:

For ordinary expenses of government...
For extraordinary expenses
For public free schools
For interest on debt
Balance not expended

Total

$975,232
133,432
443,000
1,105,805
17,318

$2,679,339

If the revenue for 1876-77 should be the same, the
deficit on full interest account fer the year would be
about $600,000. (V. 19, p. 295, 502, 526, 582; V. 20, p.

14, 306, 356, 875, 547; V. 2!, p. 527, 604; V. 23, p. 599.)

[February 24, 1877.

CITY SECURITIES.

viii
Subscribers will confer t great ftror

by giving Immediate

INTEREST.

-

Date of

DESCRIPTION.

Bonds.
For explanations see

notes on first page of tables

Albany, N. Y.—
Albany & Northern Railroad loan
Relief of drafted men
Purchase Congress Hall

1854
1864
1866
1870

Block

City improvement
Washington Park
City improvement
‘

=-

1870,1,2,4
1871
1874

New Post Office site
Water stock

1851 <fc ’52
1874

Additional supply

Bonds loaned to Albany & Susquehanna RR..
do
Albany & W. Stockbridge RR.

Augusta, Qa.—

1865

1841

Various.

Bonds for various purposes

1876

City bonds, tax free

Baltimore—
Consolidated loan of 1890

Various.

Water loan
Consolidated bounty

loan
Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan

Five million loan to Baltimore <fc Ohio RR..,.
One million loan to Pittsb. & Connellsville RR
New City Hall
do
do
do
do *

Consolidated loan

1854
1863
1865
1860
1863
1853
1853
1868
1870
1874
1864

Court house loan
1870
1874
1872
1872
1873
1872

Funding loan
do
Western Maryland
Jones’ Falls

Railroad

Valley Railroad
Patterson Park extension
Water loan
Endorsements for York & Cumberland RR...
do
do
Western Maryland RR
do
Union Railroad
do

Bangor, Me.—
City debt proper
Municipal loan
Water loan bonds, coup.

$1,000

$246,000
46,000

1,000
1,000

151,000

i;ooo

348,000

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

529,000
242,000
118,000
500,000
400,000

1,000,000
103,000

250 &c.
500 &c.

2,000,000

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

7,306,546
5,000,000
2,211,068
410,353
555,566

&c.
<fcc.
&c.
<fcc.
&c.
&c.
&c.
&c.
<fcc.
<fec.
&c.
&c.
&c.
&c.
&c.
&c.
*fec.

100,000

185,723
5,000,000

1,000,000
1,000,000
1,000,000
500.000

936,661
92,400
800,000

2,000,000
1,000,000
473,900

1,015,300
200,000

100 &c.

....

663,000
500,000
1,375,000
117,000
156,000
100,000
375,000

1858 to ’72 100 (fee.

(Act Feb. 22, 1875).

European & North American Railroad
Bangor & Piscataquis Railroad

Boston—
Renewal city debt, sterling
< For
city purposes, war debt. &c
do
do
do
Burnt district, sterling loan
Consolidated street improvem’t,

sterling loan.

Roxbury debt, assumed
Dorchester debt, assumed
Charlestown debt, assumed

Mystic water debt, assumed
Brighton debt, assumed
West Roxbury debt, assumed
Water loan, new main. Brookline Reservoir...
do
Chestnut Hiil reservoir
do
renewal of loan due ’70-71, all reg.
do
do
’72-73
Water works, Roxbury, coupon and registered
do
Roxbury <fe Dorchester...,
do
Dorchester, all registered
do
W. Roxbury & Brighton, all reg
do
do
coup, and reg.
Additional supply water

for water works
vN-ter loan bonds, gold, coupon or reg.

Various purposes,

1874
1875
1869
1869
1853
1852 to ’64
1864 to ’76
1873
1869
1860 to ’64
1861 to’69
1857 to ’73
1862 to ’76
1866 to ’73
1858

1865 to’71

1865
Soldiers’ aid fund loan
1867
Third street improvement loan, local
1866
Gowanus canal improvement loan, local
1865
do
do
do
Busliwick avenue
do
1866
do
do
do
1867
do
do
Union street
1862
do
do
do
Fourth avenue
1867
do
do
do
do
1867
do
do
Wallabout Bay
1869
do
do
Kent avenue basin
1870
New York Bridge loan, registered and coupon
1876
Bonds for N. Y. & Brooklyn Bridge, cp. or reg.
Prospect Park loan, registered and coupon ... 1860 to ’73

Albany.—'There are sinking funds for municipal
bonds and for water stock. The loan to Albany &
Susquehanna is secured by 1st mort. The

valuation

Albany County in 1876, by local as¬
Real estate, $47,039,8^8 ; personal,
$5,30 ,151; total, $52,340,049. In 18.6, total equal¬
valuation
ized
by State Board, $58,460,770. Tax

1,000
500 &c.

1,000
1,000
£100 &e

1,000
1,000

1,000,000
814,000
583,205
4,296,800

16,809,175

£100&e

4,997,603

£100(te
1,000

3,559,600

Various.
500 &c.

121,500
1,196,000
1,318,000

1,000
Various.
Various.

1,000

1,000

1871
£100 <fcc
1872
1868 to ’70
1,000
1871 to ’75
1,000
1871
1875 to’76
1876
1,000
1872 to’75
1,000
1871 to ’74
1,000
1875-’76
1,000

Brooklyn—
Debt of Williamsburgh, local improvement.. 1859 to ’61
1861
Brooklyn local improvement loan
1857
Mount Prospect Square loan

of property in
sessment, was:

outstanding.

....

1,000

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

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

438,600

322,640

470,000
394,000
2,248,000
,

688,000

1,949,711
700,000
465,000
375,000
350,000
100,000
648,000
366,000
3,452,000
138,000
213,000
90,000
552,000
302,000
260,000
233,000

278,000
260,000
190,000
231,000

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

3,000,000
1,850,000

1.000

8.017.000

544,000
427,000

6
6
6
7
7
7
7
6
7
6
6

Where

When

Rate.

M. <fe
J. &
F. &
M. <fe
M. &
M. <fe
M. <fe
F. &
F. <fc
M. &
J. &

'

Whom.

May, 1879

New York.
do

N.
D.
A.
8.
N.
8.
N.
A.
A.
N.
J.

June, 1880 to ’84
Feb., 1885 to ’94

Boston, Merohants’ Bank
New York.
do
do
do
do
do
do
Boston.

Various
A. & 0.

7
7

l>ne.

Payable and by

Payable

March, ’95 to 1900
Nov., 1910, 11/12

March, 1876 te’94
Feb., 1876 to’81
1895-’97

*

July 1, 1876
1876 to *89
1900

Augusta.
do

July 1,1890
Meehanics’ Bank. At will after 1875
do
Sept. 1,1893
do
Sept. 1,1893
Sept. 1,1890
do
do
Q.—M.
Jan. 1,1895
do
do
O.—J,
Jan. 1,1890
Q.—J. Balto., Farm. & Plan. Bank.
Jan. 1,1886
J. <fc J. Balto., N. Mechanics’ Bank.
July 1,1884
Q.—J. Balto., Farm. & Plan. Bank.
do
do
April 15, 1900
Q.-J.
March 7,1902
do
do
Q.-J.
1885
do
do
Q.—J.
At will.
Q —J Balto., N. Mechanics’ Bank.
July 1, 1900
Q.-J. Balto., Farm. & Plan. Bauk.
Feb. 1, 1894
J. & J. Baltimore,Register’s Office.
Jan. 1, 1902
J. & J. Balto., N. Mechanics’ Bank.
do
do
April 9, 1900
Q.-F.
Oct. 31, 1886
A. & O. Baltimore,Register’s Office.
March 8, 1892
do
do
M. & S.
J. & J.
July 1, 1894
Jan
1,1877
J. & J. Balto., North. Central RR.
J. & J. Balto., N. Mechanics’Bank. Jan. 1 ’90 & 1900
Jan 1,1895
J. & J. Baltimore, Franklin Bank.

Q.-J. Balto., Farm. <fc Plan. Bank.

6
6
6
6
6
6
6
6
6
6
6
5
5
6
6
6
6
6
6
5 <fe 6
6
6
6

M. & N. Balto., N.
do
M. <fc S.
do
M. & S.
<.

6
6
6
6
6 & 7

Various Boston, Merchants’ N.
Boston or Bangor.
& J.
& J. Boston, Merch’ts’ Nat.
do
do
& J.
do
do
& O.

J.
J.
J.
A.

B’k.
B’k.

1877 to’92

1, 1894
July 1, 1905
Jan. 1, 1894
April 1,1899
Jan.

July, 1878
J. & J. London, Baring Brothers.
1876 to ’87
Various Boston, Treasurer’s Office.
1876 to ’96
do
do
Various
April, 1893
A. <fe O. London, Baring Brothers.
do
July, 1899
J. & J.
1874 to’85
5, 5ig, 6 Various Boston, Treaseurer’s Office.
1875 to’82
do
do
Various
5^,7
1876 to’93
do
do
Various
5 A 6
1875 to ’96
do
do
Various
5 & 6
1875 to ’83
do
do
6, 6ig, 7 Various
1875 to’92
do
do
6*2 (te 7 Various
do
do
Oot., 1878
5 g- A. <fe O.
1876 to ’99
do
do
J. & J.
6
do
do
April, 1901
A. & O.
6
Oct., 1902
5 g. A. & O. London, Baring Brothers.
1880 to'99
J. «fc J. Boston, Treasurer’s Office.
6
1901 to 1905
do
do
Various
6
do
do
Jan., 1901
J. & J.
6
Jan. & April, 1905
»do
do
Various
6
do
do
5 g- A. & O.
1902 to 1904
do
do
Various
6
1901 to 1904
do
do
Various
6
do
do
Oct., 1905-’6
5 g. A. & O.
4 log.
5 g.
6
5 g5 g-

6
7
6
7
6
7
7
7
7
6
7
7
7
7
6 <fe 7
7

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

&
<fc
&
&
&
&
&
&
&
&
&
&
&
&

cent annexations, was $526,145,700, against $558,769,500 in 1875; and personal, $222,732,400, against $234,-

998,400; upon which the rate of taxation

Brooklyn.

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

do

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

& J.
& J.

is $1270

per $1,000—$11 68 of this for city and $1 02 for State
purposes, against a total of $i3 70 per $1,000 ill 1875.
The total debt, both funded and unfunded, at the
close of the last fiscal year, April 30, 1876, was

$43,9 33,165, and the sinking funds, bonds, mortgages,
rate, 2-49.
Augusta.—Of this debt, $?«00,000 was issued for &c., $16,889,387. The siuking fund provisions are
railroads, and balance for canal enlargement, sufficient to meet the debt as it matures. In March,
1876, Mr. Turner, city auditor, gave his estimates for
water works, &c.
Baltimoi'e.—The fiscal year of Baltimore ends the revenue required for the coming financial year
with Oct.. 31. The city credit has been loaned ex¬ 1876-77, commencing May 1, 1876. This estimate is
tensively to railroads, in exchange for their securi¬ based on an assumption of meeting the actual wants
ties, which it hold* to a large nominal amount. The of the municipality and avoiding the borrowing of
sinking fund for Baltimore & Ohio RR. $5,000,000 money for other than the water works, and extensive
loan is $1,848,878; West Maryland Railroad sinking and costly improvements; the tax per each $1,000
fund, $157,601; and the total of the several other will be reduced from $13 70 last year to $13 45 per
sinking funds, $6,0 2,168. The Balt. & Ohio RR. $1,0C0 this year. The following is a comparison of
the appropriations granted by the City Connell and
pays interest on $5,000,00<i loan; Waier loan is paid income
to be received, compared with the estimates
oy income of water works, and Public Park by City
Passenger Railway, and out of a total debt of for 1S75-6'
1875-6.
1876-7.
$33,343,251, only $16,551,018 ifi dependent on the tax
.$12,302,305
$11,219,787
levy. The net debt over productive as«( ts is given Appropriations
2,861,425
2,939,900
*6,690,443, against which are held $4,770,007 of Income
unproductive ai-sets. The assessed value of prop¬
$9,437,886
$8,279,487
erty in 1878 is $231,503,129; tax rate, 1876, $1 SO on
283,136
247,385
the $100 for city purposes, and .17# for State. Pop¬ Per eentage.
ulation in 1870 was 267,354, against 212.418 in 1860.
$9,72!,016
$8,527,872
(V. 22, p. 589; V. 23, p. 514; V. 24, p. 12.)
Bangor, Me.—The valuation of real and personal Placing the tax to be paid to the State at the same
property is $11,052,211; rate of taxation, 2.50 per as last year, the estimated tax warrants exhibit the
following result:
»
cent. The loans to European & North American
1875.
1876
Railroad and to Bangor & Piscataquis Railroad are
$0,721,016 00
$8,527,872 00
City and Comnty
secured by first mortgages on those roads.
802,120 00
742,932 00
Boston.—The population of Boston in 1870 was State
292,497, against 177,840 in 1860; in 1875 it was, 341.919.
Total by taxation.. $JO, 923,136 00
$9,270,804 00
Valuation of real property in 1876, including the re¬




Principal—When

Amount

Size or
par
Value.

Tables*

notice of any error discovered In tbese

r

]
33

2

C3

1879 to ’81
1891
1887
1885 to ’94
1881
1877 to ’90
1877 to ’90
1877 to’90
1877 to ’86
1877 to ’95
1877 to ’95
1877 to ’90
1879
1901 to ’24
1907 to 1908
1915 to ’24

•

+=>

O

c3rn

P4W
2M
hH
3
o

J

,

During the last forty years, with a single excep¬
tion, the taxable valuation has shown an annual
increase. Mayor Cobb’s message, January, 1876,
gives a net decrease of debt in 1875, amounting to
$395,579. (V. 22, p. 61.)

Brooklyn.—There are also $27,000 7 per cent. Nat.

Guard bonds due 1880-81.

January 1, 1877, made the

The Mayor’s message,

whole

city debt as

follows:

$27,143,000
4,530,129

Permanent loans

Sinking funds

$22,617,870

Balance

King’s Co. debt fCIty’a share)
Loans chargeable on specified property
Tax certificates

8,£91,729
.

11,068,500
1,900,000

$39,578,100
stated that the debt increased in 1876
$781,623, chiefly owing to the law charging only 7
pe r cent interest on unpaid taxe*.
Population in
1370, 396,200, against 266,661 in 1860. Valuation of
property in King’s Co. in 1876, by the local assess¬
ment, was $223,389,621 for real estate, and $14,882,265 foj personal; tolal real and personal, $233,271,In 1874 the State Board of Bqualizatiou
885.
estimated that the true value of real estate was
$426,393,740. The Supervisors assessed the total
taxable property of Brooklyn in 1815 at $22^176,755,
or about 65 par cent of true value.
The.dabt of
Kings County, separate from the debt of Brooklyn,
is $4,201,821, of whieh the city is responsible for
nineteen-twentieths. Average tax rate in 1876, $3 24
per $100, against $3 44 in 1875. (V. 30, p. 520; V. 22,
p. 589; V. 24, p. 63.)
Total net debt

—The Mayor

ix

CITY SECURITIES.

February 24, 1877.]
Subscribers will confer a great favor by

giving immediate notice

of any error discovered

in these Tables.

LNTlSKiSST.

For explanations see

notes on first page of tables.

Brooklyn—( Continued )—

Deficiency bonds

Permanent water loan.
do
do

$1,000

1860 to ’72
1872
1857 to ’72

Prospect Park loan
;,

1872 to’75

bonds, continuous, local
av. sewer bonds..

1,000
1,000
1,000

1870
1873

Central and Knickerbocker
Boulevard bonds

1872 to’73

Temporary tax certificates

Buffalo, N. lr.—
Ponded debt bonds, various purposes

612781
Buffalo & Jamestown Railroad
Buffalo New York & Philadelphia
Water works bonds
Water bonds, coupon
Park bonds (Act May 17,1875)
Tax loan bonds
Charleston. 8. C —

Railroad...

City stock
City bonds,

coupon
Fire loan bonds, coupon
Conversion bonds, to redeem

....

past due debt...

500,&c.
1,000
1,000

Sewerage bonds

500 &c.

do

1,000
bonds
1,000
Municipal bonds
500 &c.
Municipal and School bonds
South Park loan (secured on South. Div.)
1,000
West Chicago Park (secured on West. Div.)... 1870 to ’72
1863 to’72 500 &c.
Cook County debt
River improvement

Cincinnati—

To build Eggleston avenue sewer
B2
Loans to Railroads
.F, A, G, II, I & M
Bonds to O.& M. RR. to purchase wlif. prop.N
Bonds for erection of a Workhouse
Bonds for Water Works
C2&03
Bonds for Common School purposes
P2
Bonds for Common School purposes
P
Bonds to O. & M. RR. to purchase whf. prop.. N
Bonds for ext. and impr. Water W. .C, D. & E
Bonds for funding floating debt
A2
Bonds for new Hospital
S&S2
Bonds for funding floating debt
L
Extension and improve. Water Works.. .K &F
Bonds to purchase Orp’n Asyl. grds. for park.O
Bonds for sewerage
Bonds for improving Gilbert avenue
U
Bonds to build Eggleston avenue sewer....B3
Bonds for improvement
W
Bonds for Water Work purposes.
C4&C5

■

1868
1842 to ’54
1855

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

1868
1868
1868
1860 to ’61
1855
1847 to’50 500 &c.
1847 to ’48 500 &c.
1867-’68
1,000
1853
1,000
1853
1,000

R

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

1858

1869
1869
1869
1871
1871-’72
1871
1872-’74
1874
1876
1874
1875
1875

1,000
1,000

Canal lock

Detroit, Mich-

Bonds for various City purposes
Bonds for Water Work Co., on city’s credit...
Public Building stock (City Hall) bonds
Public sewer bonds

Elisabeth, N. J —
Improvement bonds.

bonds

Buffalo —The funded debt, January 1, 1876, was
$6,745,199, and floating debt, $396,092. In 1875 real

and personal property were assessed at
in 1876 rule of valuation changed and

1876

1855
1855
1859
1872

—

to ’59
to ‘76
to ’71

1,000

to’74

....

4,119,093
51,500
297,700
281,500

6
6
7
7

Various
J. & J.

916,000
3,660,000
87,000
2,550,000
2,621,000
100,000
3,423,000
2,000,000
640,600
4,191,500

6
7
6
7
7
6
7
7
7
7

assessment
was
$111,995,905.
Buffal > also pays 7-10 (being
$712,390) of Erie county debt. City tax-rate, 1875,
$35 55 on the $1,0(0.
In May, 1876, $125,000 7 per
cent certificates of debt, in pieces of $5,000, &c ,
were issued, due 1881. (V. 22. p. 233,521; V. 23, p. 135.)

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

1,722,000
315,000
195,000
718,000
424,000
200,000
688,300
1,393,000
856,600
20,000

protest.

See V. 22, p. 514.

Vpflr

1862
1866
186?
1868....




Assessed Value.

,
Real Estate. Per. Estate.'
,

'

$31,587,545
66,495,116
140,857,040

174,505,410

Tax

Rate.

$5,552,300 $15 00
19,447.941
20 00
51,392,604
13 00
53,939,469
14 00

M*tCCQ

from date.
from date.
from date.

1880
1875
1877
1876
1893
1881
1878

July 1, 1878-’81
1875 to '98
1883 to ’84
1890

Charleston.
do
New York

to lg93
to 1926

Prior to 1936

do

do

to 1895
to 1895

July 1, 1896

N. Y., Gallatin N. Bk.
Buffalo & New York.

City.

1877 to ’82
July 1, ’82 to ’95

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

& J.

& J.
& J.
& J.

July 1, 1880
1880 to ’95
1890 to ’95

July, 1895
1881 to ’99
1874 to ’79
1890

....

N.

M. & N.

Y., Metropolitan Bank.

Various N. Y., Am.
do
Various
do
Various
do
J. tfe J.

May 1,1880-’92

Various
J. & J.

Various

7

125,400
1,301,000

684^000
272,500

1870 to’75
1872 to ‘73
1865 to ’66
1875-’76

1,000

2,162,000

....

Various N. Y., Farmers’
do
Various
do
Various
do
Various
do
A. & 0.

Tax
Rate.

$54,653,640 $15 00
J5 00
52,342,950
10 00
52,84?,820
236,898,650

239.154,890

45,042,549

262,969,820
258,549,310

49,103,175
45,155,830

15 00
18 00
18 00

and in October, 1874.

Real

Personal

estate.

estate.

1860.. $61,629,904
1870.. 78,736,482
1871.. 123.427,888
1872.. 119,621,866
1873.. 121,479,230
1874..

$31,411,812

1875.. 125,9^6,835

56,501,790

57,370,754
56,934,044
55,462,410

64,166,460

Cincinnati in the

Total
valuation.

$93,032,716
136,107.236
180,361,932
175,084,29 i
185,645,740
181,950,074

184,498,565

Rate tax
per

$1,000.
$17 45
31 60
22
20
23
23

20
10
06
38

28 82

1878, ’83 & ’84
1876 to ’92
1876 to ’84
1876 to ’85
1896

Y., Metropolitan N. Bk.

7
7
7
7
7

$211,371,240
223,643,600

assessed valuation of the city of
year 1860 and from 1870 to 1874:

do
do
do
do
do
do
do
do
do

Various N.
Various
Various N.
F. & A.

,
Assessed Value.
Real Estate. Per. Estate.

Population in 1870 was 396,605,

do

7
7
7
7

,

1878 to ’95
1876 to ’94
1887 to ’92
1894 to ’95
1893 to ’95
1876 to ’88

Exch. Nat. B’k.

do
do
do
do
do
do
do

Various

Various
Various

755,000
90,000
66,000

Year.

Q P

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

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

395,226, against 109,280 in 1860. The So. Park, W.
Chicago Park, and Lincoln Park loans are not
debts of the city, hut of distinct corporations.
(V. 21, p. 207; V. 22, p. 457, 544; V. 23, p. 622.)
$27,978,991; rate of tax. 2 per cent. Sinking funds
reduce the total debt to $4,672,663.
Cincinnati.—In addition to the issues above
Chicago.—The total funded debt at the close named, there remain several smaller amounts, as fol¬
of the' year
1875 was $13,457,000.
Certificates lows: $108,000 58. November, 1835; $56,060 (YY2, &
of indebtedness, $4,641,096.
Assessed value of O.) 6s, 1896-88; $17,009 6s (Q.), Nov., 1890; $27,000
real property, ’74, $258,549,310; personal, $45,155,830 6s (A.), Mar., 7897; $50,000 (H2.), Aug., 1897; $50,000
—total, $303,705,140. Tax rate, 18 mills. The Illi¬ (Z.), Nov., 1838. By the census of 1870 population
nois State valuation is $224,118,620, and the ci'y was 218,900, against 161,044 in 1860. Tax rate for
debt is limited to 5 per cent of that.
Of the 1875, $23 82 per $1,000, against $23 38 in 1874. Sink¬
funded debt, $4,581,000 is on account of the ing funds are $436,440, against $7,200,000 of old
Water Works, which last year yielded an income debt. The following table from the books of the
of $730,144. Question having arisen as to whether Auditor of Hamilton County, Ohio, exhibits the
were not an increase of debt, and there¬
fore illegal, an ordinance was passed authorizing
the Comptroller to make an endorsement thereon
that they “were issued upon the appropriations and
tax levies of the city.” Some certificates went to

Q

....

Charleston, S. C.—The bonds of Charleston are
mostly held within the State of South Carolina.
The total assessed value of property in 1813 was

certificates

3 years
3 years
3 years

TJ

w

Q.-J.

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

1,575,000

1,731,000

1873
1874

1881 to 1908

•d el

Dec., 1878
7 3-10 J. &D. N. Y., Am. Exchantre Bank.
1878 to’84
do
*
c lo
Various
6
Nov., 1885
do
do
M. & N.
6
June, 1888
do
do
7 3-10 J. & D.
1888 & 1889
do
do
7 3-10 Various
July, 1888
do
do
7 3-10 J. & J.
Jan., 1890
do
do
J. & J.
6
Nov., 1890
do
de
M. & N.
6
April 1,1895
A. & O. N. Y., Am. Exchanire Bank.
6
March, 1897
do
a to
M. & N.
6
146,500
1897
do
do
7 3-10 Various
750,000
Jan., 1900
do
do
J. & J.
6
60,000
rune & Oct., 1900’
do
do
Various
6
175,000
March, 1908
Cincinnati.
M. & S.
6
100,000
Sept., 1899
N. Y., Am. Exch. Nat Bk.
M.
&
S.
7
3-10
150,000
do
do
Sept., 1899
M. & S.
7
3-10
150,000
Oct., 1899
do
do
7 3-10 A. & O.
100,000
March
1,1886
do
do
M.
&
8.
7
3-10
136,000
do
do
l886-’97
Aug.,
F. & A.
7
450,000
Dec. 1,1891
do
do
J. & D.
7
600,000
do
do
July 1, 1902
J.
&
J.
7
700,000
July 1, 1902
do
do
7 3-10 J. & J.
10,000,000
May 1, 1906
New York or London.
6,000,000 6g. or 7*3 M. & N. N.
May 15,1904
M. & N.
Y., Am. Exch. Nat. B’k.
7
1,000,000
Jan. 1, 1896
do
do
J. & J.
7
50,000
do
do
F. & A.
7
300,000

1,000
1,000
1,000

...

1915 to ’24

-

150,000
1,075,000
210,000
250,000
300,000
100,000
99,000
195,000
397,500

1,000

$39,968,105;

‘

....

J. & J.

1871 to ’74

Year.

d ue.

*

1,000
General improvement
W2
500 &c.
Cincinnati Southern RR
1,000
do
do
500 &c.
do
do
gold and currency..
1,000
Floating debt bonds, coupon
1,000
Park improvement
1,000
Water-works bonds
D1
Cleveland—
1854 to’75
Water works ($100,000 are 6 p. ct.)
1854 to ’74
Funded debt ($225,000 are 6 p. ct.)
1872 to ’74
Lake View Park
1874 to ’75
Viaduct, street and bridge ($300,000 6 p. ct.) 1873 to’75
1864 to ’71
School ($274,000 are 0 p. ct.)
1868
House of Correction
1860 to ’74
Main sewers, special assessment

improvem’ts do
openings, &c. do

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

7

....

do
do
do
do
do
do
do
do

&
&
&
&

199,493

1853 to ’54
1866

Brooklyn.

& J.
& N.

100,000

....

....

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

Principal—when
ip;

payable and by
whom.

payable

Various
Various
Various
Various
J. & J.
M. & 8.

2,779,382

Where

When

7
7
7
7
6
6

100,000

Water loan
do

Funded debt bonds
School House bonds
Market House bonds
Consolidated improvement

6
7
6
7
.7
7
7
7
7
7

1,000

Chicago—

Street
Street

$1,217,000

2,209,250
1,000,000
750,000

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

1853 to’75
1873 to ’75
1871 to ’73
1868 to’76
1876
1876
1876

Rate.

9,706,000
1,985,500
1,956,500
200,000
4,968,000
618,000
842,000
1,900,000

1,000

8’th B’l

do

outstanding.

319,000

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

Sewerage fund bonds, continuous, local...

do
Assessment fund

Amount

Size or
par
value.

Date of
bonds.

DESCRIPTION.

do

do

Y., Metropolitan N. Bk.
do

do

1876 to’89
1876 to 1906
1879 to ’91
1892 to ’94

L. & T. Co.
do

do
do
do

1877 to ’81
1880 to ’95
1881 to ’93
1877 to ’86
1835 to’96

the stock of the
20, p. 14; V. 21,
209; V. 23, p. 379, 514; V. 24, p.

—The city will be the sole owner of
Cincinnati Southern Railroad. (V.

511; V. 22, p.

p.

11.)

Cleveland.—The total valuation

of property for

taxation is $73,305,277 and tax rate
of which 6}< mills are levied for

The sinking fund, January, 1876,
market value.
The
street improvement and street opening
are for special local
improvements, &»a

sinking fund.

amounted
sewer,

18 15-20 mills,
interest and

bonds
redeemed
fltted.

to

$1,700,000,

by assessments on the property

bene-

Detroit, Mich.—'The population in 1870 was 79,6011
by State census, 101,083.
The value of

in 1874,

waterworks is $1,589,688, against a debt of $1,100,000.
The water works bonds are issued on a pledge
of the city credit, and $75,000 per year col¬
lected in taxes to pay interest on them.
As¬
sessed valuation, 1875, real estate, $20,225,875;

personal, $7,448,755-total,
estimated at $92,582,100.
$100.

$27,774,630;* tme value
Tax rate, $8 92 per

of the city of Eliza¬
stated at $4,820,000, as fol¬

Elizabeth,N. J.—Total debt
beth Jan. 1, 1877, was
lows: General
debt,

$927,000; assessment

debt,

$1,731,000; consolidated debt, $2,162,000. Estimated
true value of real and personal property, $32,00<',006;
assessed valuation, $16,000,000. Tax rate is $2 68
within the lamp and water district, and $2 28
outside.

Population in 1875, 25,000.

CITY
Subscribers will confer

a

Date of
Bonds.

Size

Value.

1869 to ’74

City park bends (purchase of block 321)
Bonds for various purposes
Galveston County bonds, G. C. <fc

1873
1860 to ’74
1876
S. F. RR—

1869 to ’70

Purchase-money bonds—Southern Park
School bonds—By Board of School Comm’rs.

.

Water loan bonds, mostly coupon
do

do

J. & J.
M. & S.
Various
J. & J.

145,000
300,000
300,000
300,000
200,000
109,500
100,000

6
7*3

Jau.
J. & J.
J. dc J.
J. & J.
J. & J.
J. & J.
A. & O.

1,418,000
3,109,800
622,000
1,866,000
3,433,000
125,000

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

1,000

1872

Various.
1869
1869
1869
Various.
Various.
1876

Ten-year bonds,
Louisville, Ky.—

coupon or

registered

For Jeffersonville Railroad stock

-

1854
1857 to’67
1873

Water works
do

For

1866 to’67

Public school and school houses

1871 to ’73
1853 to ’70

improvement of streets
Re-constructing street
Public buildings and institutions

1873

Sewer bonds

1808
1871
1868 & ’73

do

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

’54/62,3,8
1868

Louisville, New Albany & St. L. Air Line RR.
Change of gauge, Louisv., Cin. & Lex. RR
Road bed

do

do

City bonds payable by railroads
Memphis, Tenn.—
School and paving bonds

1869
1870 to ’74
1871
1871
1871 to’73
1851 to’63

1867, ’8, ’9

Funding loan, gold
Mississippi River Railroad bonds
Endorsement Memphis <fc Little Rock RR

1870

Re-adjustment bonds
General city bonds
do

do
Water bonds, coupon

registered

Bonds to Mobile & Great Northern Railroad..
Bonds to Mobile <fc Al. Grand Trunk RR
Wharf bonds

City funded debt

To Mobile <fc Northwestern Railroad

New

funding bonds
Nashville, Tenn.—

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

149,000
404,000

1,350,000

.

Aqueduct Board bonds
Tax arrearage bonds (sink, fund
$65,293)

New Orleans—
Consol, debt ($650,000 applicable yearly)
Railroad debt
Waterworks loan of 1869
\. I \ \
Seven per cent funding loan of 1869

6

787,500
500 &c.

2,362,000

6
6

1,000
1,000
1,000

242,000

Galveston, Texas.—The total city debt is $873,000,
except

Indianapolis.—The assessment of taxable
was $67,801,546; taxes for that

1876
1852

1854-55
1869
1869

6
6
6
7
6
7
7
6
6
7
'7

1,508,000

1,000
1,000

350,802

....

-

1,000

1,000
1,000

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

....

8

1,000

1,000

500 &c.

1866
1866
1859
1870
1870
1871
1871
1875

7-3
7-3
7-3
73

76,000
201,000
600,000
650,000
234,000
81,000
425,000
1,993,000
352,000
136,000
90,000
614,000
500,000
107,000
350,000

1,000

....

currency

150,000

....

1861
1871
1876
1872

....

cent,

249,000

341,000
70,000
300,000

Nashville & Chattanooga Railroad
1849
Various city bonds
1866 to’76
Newark—
Bonds, various city purposes (8. fund of 1859)
War bonds, floating debt, <fcc. (s. fund of 1864)
Public school bonds
Clinton Hill bonds, coup. & reg. (s. fd. 3 p. o.).
1875
Sewer and improvement bonds (local liens).

per

Various
500 &c.

1857

1872

City debt, A, B, C
City debt, D, E, F

10

l,000&c
l,000&c
l,000&c

1,000
'

Milwaukee—

are

921,000
500,000
171,050
150,000
400,000
152,000
103,000

1807 to’68

Post bonds

$106,500.

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

1852

Subscription to stock of L. & N. RR

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

Various.

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

500

1873

1870

Bergen school loan bonds
do
sewerage bonds

levy of $1 35

against 85,000 by U. S.




Due.

Galveston.

1880 to'87

do
do
New York.

1892 to 1902
1874 to *95

1906

100 &c.
100 &c.

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

100,000
429,000

5
7
7
7

1,171,000

7

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

5
8
8
8
8
8
8 g.
6

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

6
6

Various
Various

30,700
122,300
152,000
460,000
319,000
157,000
277,000

1,000
1,000

315,000
1,065,000

1,000

73,000

1,000
1,000
1,000

1,890,000

1,000

1,000
....

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

J.

988,000

....

Sg-

500,000
400,000
2,500,000
3,030,000

412,000
4,394,250
1,372,000
902,500
1,552,350

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

$100. Total

of 1870. (V.

prop¬
year,

do
do
do
do
do

&
&
&
&
&
&
&
&

Jan. 1,1889, to’90

July 1, 1893
July 1, 1894

July 1, 1894
July 1, 1895
Jan.

1, 1899

Oct.

1, 1878

Y., Merch. Ex. N. Bank. Jan., 1877 to ’95
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

1899 to 1913

July 1,1913
May, 1891
-

Memphis.
N. Y., P. M.
do

& J.

Myers & Co.

1892 to'94
June 8, 1900 c
Various.

July 1,1896
Various.

Jan., '98 to 1900
July, 1889

July 1,1879 & '89
Various.
Various.
June 1,1886

April, 1882
April, 1883
1887, '89, 91
March 1, 1883
1886/ 96, '97
July 1, 1903
1891, ’92 & 1903
1883 to'89

July, 1898
June, 1901
1888 & 1903
1878 to 1898
Oct. 1, 1898
1889

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

July, 1901 & 1903
1881 to'93

1873 to 1902
1873 to 1900

do

Nov., 1900

Charleston, S. C.

July, 1872

D. Milw. and N.
J.
do
do
D.
J.
do
J.
do

Y., A. Goettol.
do
do
do
do

J.
Mobile, Bank of Mobile.
J.
do
do
J.
do
do
J. N. Y., Merchants’ N. Bank.
N.
Mobile, City Treasury.
J.
do
do
J. N. Y., Merchants’ N. Bank.
N. Mobile, Mob. Savings Bank

New York.
do

June
Jan.
June
Jan.
Jan.

1,1891
1, 1901
1, 1896
1,1902

1,1902

1875 to'91
1875 to '86
1885

July, 1899
Nov., 1895
Till 1901
1901

Nov., 1906
1875-77-79
1876 to '94

Various
1877 to '93
Newark, City Treasury.
do
Various
do
1878 to ’91
do
A. & 0.
do
April, 1888, to’91
J. & J. Newark Mech. Nat. Bank.
July 1, 1895
M. & S.
do
do
1879 to'93
do
Various
do
-1876 & 1892
F. & A.
do
do
1886

New Orleans.
do
do
do

J. & J.
Various
J. & J.
M. & S.

425,974; for 1869, $63,284,091; for 1870, $70,806,712;
$76,845,995; for 1872, $77,156,642; for 1873,
$77,225,372.
for 1871.

Interest since Jan. 1, 1873.

do
do
do
do
do

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

7

500

1,000
1,000

6
6
6
7
7
7
7

„

City Treasury.
Winslow, L. & Co.

N. Y.,

J. & J. N.
Various
J. & J.
M. & N.
Various
J. & J.
Various
J, & J.
Various
J. & J.
J. & J.
J. & J.
Various
J. & J.
J. & D.

Memphis, Tenn.—The city has been in default for
The total floating debt
July 1, 1876, was $1,9 <‘0,922, and there were
one 30,1875,
or awas $1,455,000. per
debt
The School Board
is nominal assets (unpaid taxes, &c) to balance
a distinct organization from the
city, created by a this of $1,840,041. A plan has been suggested
separate act of the Legislature; levies its own tax, for settling the debt, by
scaling one-third and
which is collected by the City Treasurer. The
city having a “ drawing ” system for the balance. The
warrants are discounted when sold.
The floating City Council declared the
funding and paving bonds
debt of this character, Jan. 1, 1875, was
$200,000, issued by Mayors Leftwich and Lofland 1887-6-9 to
payable during this year.
have been Issued illegally, but allowed the coupons
to be received, pro rota,
according to the amount
Jersey City.—The total bonded debt of the city, realized
by the city for the bond*; but a decision
April 1, 1876, was stated at $14,300,000. The sinking of
Tenn. Supreme Court, December, 1875, was
fund was $650,565.
Assessed valuation, including
railroad property, in 1875, $88,496,885. on which the against the city on this point. Assessed valuation
of real estate, 1875, $19,329,600; personal, about
tax rate is $2 68 per $100 on $68,496,855, and 1
per $6,590,000. Tax
rate, $2 per $100. Population in
cent on railroad property assessed at
$11,000,000. 1870, 40,2.30.
(V. 21, p. 186, 570; V. 23, p. 379.)
Population by State census in 1875 was 116,883,
city cannot issue debt beyond 5
census
22, p. perMilwaukee.—The
cent of its average assessed value for five years.
LouisvWe.—The funded debt, January 1, 1876, In 1876, valuation was $38,743,422 real, and $14,931,763 personal property; tax rate in
27.64 mills.
exclusive of railroad loans, was $8,330,000,
against Sinking funds are provided for 1875,
all the bonds.
$8,304,0 0 Janu iry 1, 1875. Of the $8,330,00!) there There
is also about $47,000 senp issued to settle
is
payable out of the sinking fund $3,705,000; pay¬
Population by State census,
able by special tax, $4,625,000. Assets of the sink¬ old railroad bonds.
ing fund, Jan. 1, 1875, were $3,180,625. Population 1875, 101,000. (V. 23, p. 622.)
by census of 1870 was 100,750, against 68,033 in 1860;
Mobile.—The valuation of property in 1876 is $12,now oatimated upon the basis of 7 to a voter
makes 894,825 real estate and $5,377,716 personal
property;
120,000. Assessed value of property, abont $79,- tax rate, 1# per cent. Interest has been m
default
t00,000. Real value, $100,000,0 0. Rate of taxation since July, 1873. A settlement with bondholders was
for all city purposes in 1875 is—Eastern l>istrict, offered
by Act of March 9. 1875, viz.: $510 in 6 per
$2 27 om $100; Western District. $2 33; State tax, cent bond for $1,000 of the old 8 per cent. The 5
45c. The following figures give the assessed
proper- per cent bonds have a Men on city revenue, and
y valuation for the past six years. For 1868, $59,exchange for these was offered at 75 per cent of
erty in 1874

f510,026,

Principal—When

Wliom.

*

500

1872 to’74

Funded debt bonds
Hudson City bonds

which all

Where Payable and by

Payable

10 g.
8
10
10

35,000
766,500
200,000

1,000
1,000
1,000

1871

.

Morgan street dock
City Donds, coupon

of

Rate.

$71,500

....

1,000

1852 to’67
1869 to ’73
1873

do

Forty-year bonds
Improvement bonds.

do
Mobile-

$....

1873
1874
1874
1875
1874

Jersey City—

,

outstanding.

When

,

Bonds to railroads
Loan bonds, series A
Loan bonds, series B
do
do
C
Loan bonds

do

INTEREST.

Amount

-

Bonds for harbor improvement

do

or

par

For explanations see notes on first page of tables

Indianapolis—

[February 24, 1877

grs&t fkror by glrins Immediate notice of any error discovered in these Tables*

DESCRIPTION.

Galveston, Texas-

SECURITIES,

July

1, 1892

1874-5 & 1894
Jan.
1, 1899
March 1, 1894

their face. Up to October, 1876, there had been
settled, $1,330,000 of old bonds, $187,0:)0 of interest
and $75,nG0 change bills, making $983,000 new
bonds issued m all, and leaving the amounts out¬
standing as above given. Population about 38,000.
(V. 20, p. 302.)

Nashville, Tenn.—At the close of the fiscal year,
Sept. 30, 1875, there were $131,100 of past due bonds
and $t36 440 unpaid coupons. The total debt was
$l,737,2-'2. Assessed valuation of all property, about
$13,625,775; tax rate, 1875, 2 per cent.
Newark.—The bonds in the first line in the table

payable out of the sinking fund of 1869, which
to $113,263; those in second line out of
sinking fund of 1864, $930,588; public school bonds
out of public school fund, $94,402; Clinton Hillbonflfe
by "sinking fund, $27,769, against local improve¬
ment bonds the city holds $2,676,368 of assessments
unpaid and a lien on the property. Temporary loan
bonds, Jan. 1, 1877, were $1,027,200. Valuation of
real and personal property, 1876, $97,116 004. Tax
rate for all purposes, 1876, $1 90 per $10%
against
$1 98 in 1875. Population in 1870, 105,059.
are

amounts

New Orleans.—The total funded debt, April, 1876,

$20,872,332; certificates, coupons unpaid, &c.,
$671,781; other floating debt,$1,145,325. The assessed
valuation of property is $98,463,269 real estate, and
$26,118,833 personal.'State tax, 14# mills; city tax,
25 mills; total tax, 39#.
A scheme for settling the
debt by a bond premium drawing plan is in practice,
and drawings take place Jan. 34, April 15, July 31,
and Oct. 15. Drawn numbers of the premium bonds
outstanding October 21, 1876, were $64,009. Popu¬
lation in i87'L 191,418; In I860, 138.670. (V. 21.
p. 64, 86. 159, 278, 511, 6-13; V. 22, p. 471, 615; V. 23,
p. 123, 135, 397.)
was




CITY

xR
Svibserlbem will confer

a

Date of

Size

Bonds.

outstanding

Value.

notes on first page of tables.

$4,413,400

Water extension loan (coupon or registered).. 1868 to ’74
Funded debt and other municipal bonds
1845 to ’72
1863
Compromise railroad bonds (coup, and reg.)..
Bonds impr. Penn.av., Ac. (local assessment). 1871 to’73

INTEREST.

Amount

or

par

Pittsburgh—

1,537,286
2,179,469
4,806,700

Rate.

7
6 A 7
4 A 5
7

Portland, Me.—
Loan to
do
do
do
do

Atlantic A St. Lawrence Railroad Co. ’68,’69,’70
1,000
Portland A Rochester Railroad
1867 to ’69 500 Ac,
1872
do
do
1867 to ’68
l'odo
Building Loan Commissioners
1872
Portland A Ogdensburg

Municipal—proper

}

In aid Atlantic A St. Lawrence Railroad Co >

1852-75

500 Ac,

1855
1863

lOOOAc.
lOOOAc.
lOOOAc.
lOOOAc.
lOOOAc,
£100

Providence, R. I.—
Bonds for public improvements

Recruiting and bounty bonds
Water loan bonds, gold, ooupou and
do
do

do
do
sewer loan b’ds,

1872

reg

do
do

City Hall A
sterling, cp. or reg
Prov. & Springfield RR. bonds, guaranteed.. I
Rochester, N. Y.—
To Genesee

1,000
lOOOAc.
Various
lOOO&c.

Funding loan

1875

Ban fYancisco—
Bonds of 1858, coupon (gold)
San Francisco A St. Jose RR., coupon (gold)..

1858
1862
1863 to ’64
1864
1865
1866 to ’67
1867
1870 to ’72
1874
1872 to ’75
1871 to ’73
1874
1875 to ’76

Judgment bonds, coupon (gold)
Central Pacific Railroad, coupon (gold)
Western Pacific Railroad,
do
do
School bonds,
do
do
do
Judgment bonds,
do
.

School bonds.
do

improvement bonds

Hospital bonds
"Mouse of Correction bonds
City Hall construction
Savannah, Oa — 'r
Construction of water works

do

city improvements

Harbor, &c., improvements
For

RR., 1869.

Bridge bonds

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

Bridge approach bonus (gold)
Anticipation bonds
Bt. Louis County—

General purposes,

gold

County bonds

c

Bt. Paul, Minn.—
Revenue bonds
Preferred bonds
8 per cent bonds

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

1,000
Various
Various
Various
500 Ac.!

I
1868

1,000

6
(>
6
6
6
6
6
6
6
6
6
G
G
6

1,074,000
707,000

2,072,000
461,000
1,500,000

7
6
7
7
6
6
6
G

100,000
500,000
600,000
450,000
2,300,000
500,000

263,125
200,000
100,000
100,000

S.
Providence.
J.
do
J. Boston, Prov. and London.
J. N. Y., N. City Bank, A Prov.
J.
do
do^
J. London, Morton, Rose A Co
Providence.

N.

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

July 1,1906
July 1,1895
1892

1878 to 1903
1 ftQ*}

1876 to 1902
Jan. 1,1903
1905

do

San Francisco,
do
do

Jan. 1, 1888
1877 to’78

do

Oct. 1, 1883
July 1, 1894
Mayl, 1895
April 1,1881
Oct. 1, 1887
Junel,188Gto ’90

do

July 1, 1894

do
do

Nov.

do

do
do
do

1897 A 1904

1, 1891
July 1,1894

do

1899

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

g*
gg.
g.
g.
gg.

Sept., 1885

Y., Union Trust Co.

g

g.

April, 1877

A J. N. Y., Metropolitan N. Bk.
New York and Rochester,
do
do

J. A J
Various
A. A O.
J. A J.
M. A N.
A. A O.
A. A O.
J. A D.
J
A J
J. A J.
M. A N.
J. A J

A
A
A
A
A
A
A
A
A

A. New York and Savansnah.
N.
do
✓ do
D.
do
do
J.
do
do
N.
do
do
J.
do
do
N.
do
do
J.
do
do

Nov.. 1900
Jan. 1 1902

J.

July 1, 1903

do

do

Various N. Y., Nat. B’k Commerce.
M. A N.
do
do
Various St. Joseph and New York.
J. A J. N. Y., Nat. B’k Commerce.

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

„

.

1880 to ’89

Nov., 18891878 to’89

1891

Various N. Y., Nat. Bank Republic
1878 to’91
Various
do
1878 to 1906
do
Various
do
1879 to ’86
do
Various
1880 to ’83
do
do
F. A A.
do
do
Aug., 1898
Various
do
1877 to ’89
do
Various
do
do
1877 to ’88
J. A D. New York and St. Louis. June, 1887, to '90
A. A O. N. Y., Nat, B’k Commerce.
April .1,1892
Various
do
do
1891 to’94
M. A N.
Nov. 1,1893
New York or London.
M. A N.
do
do
May 1, 1895
J. A J.
do
do
July 1, 1894
J. A D. N. Y., Nat. B’k Commerce.
Dec. 10, 1892

7

450,000
1,490,000

67,210

g
g
g

6 A 7
7
10 A 6
10

1,950,000
1,249,000
166,000
336,000
346,000
885,000
1,219,000
3,950,000
1,250,000
681,000

499,927

g.
g.
gggggg-

1907
1876 to ’91

Boston and Portland,
do
do

do

431.500
150,000
299,400
500,000

1,000

Philadelphia.

F. A A.
Various
J. A J.

1860 to ’69
500
1869
500
1858 to ’69 100 Ac.
1871
500

500

1,000

M. A
J. A
J. A
J. A
J.«A
J. A

J.

172,000
750,000
1,065,000
3,182,000
410,000

500 Ac.

1,000

I
Railroad

gg*

5 g.

7
7
7
7
7
7
7
7 '
7

I

Lake Superior & Mississippi
St. Paul & Chicago Railroad
Public Park (Como.)

6
5
A 6 g.
5 g.

385,000

1893 to ’98
1877 to 1912
1913
1883 to '85

Boston, Foote A French. Nov., 1886,’87,’88
Boston, Columbian Bank.
July, 1887
July 1, 1897
J. A D. Bost., Blackstene Nat. B’k.
June, 1877
A. A O.

198,000
64,500
937.500
368,800
117,000
349.500
534,000
500,000
400,000

1867
1868
1872
1873 to ’75
1875
1875

Renewal, gold
Park bonds, coupon, gold

2,000,000
2,000,000
1,500,000
1,400,000
500,000

Due.

10m.
Wilt

Various

5

500
500
500 Ac.
100 Ac.

.

1867 to ’71
1853 to ’55

County Jail

600,000
300,000

ipi
Principal—When

Payable, and by

A. A O.
Philadelphia.
Various Pittsburg, Pliila. A N. Y,
J. A J. New York, B’k of America,

m’nthly

200,000
475,000
210,000
150,000
750,000

1851 to’66 Various
1856 to ’58 Various
1868
1,000
1855 to ’69
1,000
1852 to ’68 Various
1867 to ’70
1,000
1872
1,000
1871 to ’73
1,000
1873
1,000
1875
1,000
1874
coupon.
1,000
1872
500
1876
1,000

Renewal bonds, coupon
Bonds to railroads, coupon
Insane Asylum

375,500

Where

Pay’ble

5 A 6

6
7
7
7
7
7
7
7
6
6
6
7
6

500
500
500
500
500
500
500
500
500
500
500
500
500

St Louis—
Renewal and floating debt bonds
1846 to’71 Various
Real estate, buildings and general purposes.. 1840 to ’68 Various
8treet improvement bonds
Water work bonds (old)
Tower Grove Park bonds (gold)
Sewer bonds
Harbor and wharf bonds
Now water work bonds (gold)
do
do
do
Renewal and sewer bonds (gold)
Renewal purposes, gold or sterling

\

When

M. A N.
J. A J.

6
6

542,000
105,000
435.500
377,000
250,000
197,000
246,000

1873

floating indebtedness

St. Joseph, Mo.—
Bonds to St. Joseph & Denver City
Missouri Valley Railroad
do
Bonds for various purposes

(

787,000
700,000
450,000
570,000
1,350,000
2,230,300

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

1853
1853
1853
1866
1869
1870
1870
1872

Improvement of Savannah River
Savannah, Albany A Gulf Railroad
Funding coupons and other purposes
Redemption of bonds
do
Bonds for

1874
1876
1875
1872

Valley Railroad

To Roch. & Statb L. and R. N. A P. Railroads.
For various city improvements
Water works loan, coupon and registered

Park

{February 24, 1877.

^reat fa top by giTlns immediate notice of anjr error discovered In these ’fables*

DESCRIPTION.
For explanations see

SEOUBITIES.

....

g-

g.
gg.
g-

12 A 7
7
8
6
6
7

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

A
A
A
A
A
A
A
A

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

M.A N.
M. A N.

Y., Nat. Bk. Commerce.
do
do
do
do
do
do
do

do
do
do

do

July 1,1887
Sept. 1, 1888
June, 1892

do
do
do

April 1,1905
May 1,1895

St. Paul and New York.
do

do

Various N. Y., P. M. Myers A Co.
J.
J.

1877 to 1881
1878 to 1880

A D.
A D. N. Y., Farmers’ L. A Tr. Co.

1893 to 1895

1876 to’90
1876 to ’86

1889, ’90, ’96
1888 A ’98
1900

....

Toledo, O.—
General fund and deficiency bonds, coupon... ’70,’71,’74
Toledo & Woodville Railroad, coupon
1870
1859-’65
Various City purposes, coupon
do
do
do
1859-’74
do
do
do
1869 & ’73
1867
Floating debt, coupon
1873 A ’74
Water works
8hort bonds, chargeable on special assessm’ts 1873-’75

519.500
453,000
45,349
589.500
45,000
98,000
1,000,000
728,000

.

Pittsburgh.—The total debt Feb. 1,1875, was $13,533.819, including water loan and bonds, chargeable
on local assessments. Cash valuation in 1875 : Real
property, $149,459,070;

personal, only $2,617,64$,

according to Comptroller’s report. Sinking funds,
$553,202. Population about 140,000,

Portland, Me.—The sinking fund March 31.1876,
$537,194. The city is protected by mortgages

was
on

ter

At. & St. Lawr. and

on

Portland & Roches¬

Railroads, and holds 7,143 shares of Portland A

Ogdensburgh stock.

Assessed

va ue

of real estate

in 1876, was $18,708,509; personal, $11,951,853. Tax
rate, $25 per $l,f(K). Population in 1870, 31,413,

against 26,341 in I860.
Providence, R.I.—The principal debt of Providence
han been created since 1872 for water works.

The

floating debt at close of fiscal year September 30,
1876, was $1,834,996, and funded debt, $*,797,259.
The assessed valuations of all property in 1876 were:
real estate, $84,981,COO; personal, $36,084,*100. Rate
of tax, $14 50 per $1,000. The sinking fund for




8
73
6

8
7
73
8
A 8

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

bonds due in 1885,

$443,643; sinking funds of 1893
$162,947; 1895, $37,940; 1W0-6, 92,564. Population
by U. S. census, 1870, 68,901; by State census, 1875,
100,800.
Rochester.—The bonds of Genesee Val. RR. loan,
$172 000, are provided for by net receipts from a

lease of said road to Erie RR. Co. after
interest out of said receipts. Valuation
about $62,000,000. Rate of tax, $1 33.

paying the
of property

Ban Francisco.—Population by the TJ. S. census
of 1870 was 149,482, against 56,802 in 1860.
Real
estate for the fiscal year ending June 30, 1877, iassessed at $190,221,003; personal property at $70,-

041,340.

About $54,000,000 of mortgages are now

omitted from assessment.
annually amount to $263,500.

Sinking funds raised

Tax rate in 1S76-7 is
$2 12# per $100, against $1 60J£ in 1875-6.
Savannah, Oa.—Default was made on interest due
Nov. 1, 1876, in consequence of yellow fever and.
non-collection of taxes. In 1873 and 1874 $400,000
bonds

were

issued and sold in

Savannah, realizing

New York,

1876 to ’88

do
do
do
do
do
do
do

May, 1900
1877 to ’84
1876 to *80
1878 to’79

Aug. 1,1877
1893 A ’94
1876 to’81

$824,730, and leaving only about $136,277 of floating
debt Dec. 51, 1874. The city owns real estate ana
other property valued nominally at about $4,237,600.
Assessed value of real estate, $11,000,000. Popula¬
tion in 1870, 28,235, against 22,292 in 1860.
St. Joseph, Mo.—Population in 1870 was 10,565,

against 8,932 in 1860. Assessed valuation of property,

$11,000,000; rate of tax, *23 mills. (V. 23, p. 135, 175.)
St. Lou is.—Population by the U. S. census in 1870
310,864, against 160,773 in 1860. The city and
county governments and finances are separate.
Total funded debt, April 11, 1876, $16,318,000.
Tax¬
able valuation of property, 1876, $162,444,490; tax
rate, $3 42 per $100. (V. 22, p. 518.)
St. Paul, Minn.—Population in 1870 was 20,030;
in 1875, by State census, 33,237. Assessed valuation
of taxable property, $13,194,285. or about one-fifth
of the actual value; tax rate, 14 mills. (V. 15, p. 626.)
Toledo—Funded debt, Jan., 1876, $2,828,754; in¬
crease during 1875, $186.8 -7. Debt payable by special
assessments, $728,000. Taxable valuation of prop¬
erty, $19,798,580; tax rate, $4 44 per $100.
was

RAILROAD STOCKS AND BONDS.

February 24, 1877.]
Subscribers will confer

a

giving immediate notice of any error discovered In these Tables*

great favor by

DESCRIPTION.
For explanation of column headings, <fcc.,
on first page of tables.

Date
of
Road. Bonds

Miles
of
see notes

Alabama Central—(Selma & Merid.)— 1st mort
Alabama d Chatt.—1st mort., gold, guar, by Ala..
2d mort., $9,000 per mile, not guaranteed
Receiver’s bondsor certificates

81
290
290

..

*

201
142
142
142
142
142
202
132
110
110

Albany d Susquehanna—Stock
1st mortgage
Albany City loan (sinking fund, 1 per et. yearly).
2d mortgage
T.
3d mortgage, sinking fund
Consol, mort. (guar. D. (fell.) coup., may be reg...

Alleghany Valley—Stock
General mortgage
Bonds to State Pa. (endorsed) 2d mort
1st mort., East’ii Extern, guar, by Pa. RR
Funding income bonds, with traffic guarantee....
Alexandria dFredricksburg—1st mortgage
Arkansas Central—1st <fe 2d mortgages, gold
Ashtabula, Youngstown d Pitts.—lstmortgage
2d mortgage, income
1~
.

Atchison d Nebraska—1st mortgage
Atchison, Topeka d Santa Fc—1st mort., gold
Land grant mortgage, gold, (on 3,OOO,OOO acres).

....
'

51
48

02*2
0212
150
470

Size,

or
Par

Outstanding

1871
1809
1869
1872

$....

$1,600,000

100

i 863

1,000
1,000
1,000

....

....

....

/Atlantic cf: Great. Western—Stock (total $40 OOO (RIO)
Preferred stock
Old 1st mortgage bonds,

m

27^2

Guaranteed "stock
■
Consolidated 1st mortgage.
Savannah Albany <fc Giilf RR. mort. bonds
Southern Georgia & Florida, 1st mortgage
do
do
2d mortgage

400
400
400

Allantic d Pacific—See St. Louis d: San Francisco.
Atlantic d St. Lawrence—Stock, currency

do

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

year)

Preferred stock
Washington branch

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

Debentures, sterling

....

Central.—In default since January, 1872.

Alabama & Chattanooga —Hoad sold May 3, 1875,
for #1,200.000, subject to lien of receiver’s certifi¬
cates. Sold again October 4, 187(5. but purchaser
failed to comply.
Sold again Jan. 22, 1877. (V. 22,

61, 87, 135, 157, 521; V. 21, p. t9, &>, 85, 134, 555,
352, 450; V. 24, p. 15, 135, 156.)

p.

Albany & Susquehanna.—This road was leased for
150 years from 1870 to Delaware & Hudson Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change m terms made in 1876. Consol,
mortgage is for $10,000,0i 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. S99, 495; V.
23, p. 101, 427.)
Alleghany Valley.—This road was embarrassed in
1874, and compromised with creditors.
The un¬
settled debt Jan. 1, 1876, was $67H,14 >.
Of income
bonds, $2,271,900 are held by individua’s, and pay
interest in cash; #3,132,000 held by railroads draw
interest in bonds. Abstract of operations in 1875 in
annual report, V. 22, p. 3 a 2.
Alexandria & Fredricksburi. —The Pennsylvania
Railroad holds $512,000 of the bonds and controls
the road. Loss on operation in 1873, $25,074.
Arkansas Central. - Most of the bonds were sold in
London, where $600,001) of 2d mortgage bonds were
also

hypothecated. Receiver appointed, March, 1876.

Ashtabula, Youngstown & Pitts.—It is leased and
operated by Pennsylvania Co. at cost. Net earnings
paid to lessor, but lessee guarantees interest on
mortgage for

five

years.

$1,500,000; preferred, #400,000.
$84,156.

Common stock,
Net earnings,. 1875,

Atchison & Nebraska.—Interest was
September, 1873, and coupons funded.




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

&
&
&
&
&
A

5,403,900
1,000,000
1,200,000
1,500,000

400,000
3,750,000
7,041,000
3,370,000
3,292,000

202,750
475,000

488)500
412)000
650,000
1,779,000
4,248,000
1,232,200
24,795,298
9,876,250

1871
1871
1871
1872
1873
1873

500 AC.
500 &c.
500 (fee.

1,000
1,000
500

ioo
1867
1809
1869

100
500 (fee.
....

....

....

15,105,200
11,989,680
28,783,000
5,355,000
3,508,000
2,000,000
1,748,500
3,093,200

'785,976

2,000,000
300,000
404,000
200,000

7

7
7-30
5
7 or 0 g.
7
7
8 (fe 7 g.
7 g.
7
8
7 g.
7 g.
7 g.
7
12
*
7
7 g.
7 g.
7 g.
8
4

7
7
7
7
7
7
8
7

g.
g.
g.
g.
g.

3^3
7
7
7
7

default
Gross earn¬

July, 1888
Nov., 1895
Oot., 1885
May, 1881

April 1, 1906

& J. N. Y., Winslow, L. &Co. March 1,1896
Jau’ary Harrisburg, Treasury. $100,000 y’rly.
Oot., 1901
A. & O. Philadelphia or London
1894
A. & O.
Pittsburgh.
June 1,1896
J. & D.
Phila., Penn. RR.
J. & J. London & Amsterdam.
July, 1891
1901
A. & O. N. Y., Winslow, L. & Co.
1904
J. & J. Pittsburgh, Penn. Co.
Sept. 1, 1896
M. A S.
Boston, at Office.
J. & J. N. Y., G. Opdyke & Co.
July. 1899
A. &
A. &
J. (fe
J. (fe
M. &
J. &
J. &
J. &
J. &
J. &

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

Boston.
O.
do
O.
do
J.
do
J.
do
N.
do
J.
do
J.
do
J.
J. N.Y.,M.K.Jesup, P.& Co
J. Atlanta, Ga., atTreas’y.

O. New York and London.
do
do
J.
do
do
8.
do
do
N.
do
do
J.
J.
London, Co.’s Office.
do
do
& J.
&
&
&
&
&
&

Savannah.
& J. N.Y.,M.K.Jesup P.&
do
do
do
do
M. & N.
do
do
M. & N.

J.

Co.

1, 1900

Oct.

1903

’77/78/79 &’82
July 1, 1902
1905

July 1, 1900
Fob. 1, 1877
Oct. 1, 1876
Jan., 1902

Sept., 1902
Nov., 1902
Jan,, 1902
Jan., 1903
July 1, 1876

July, 1897
1889
1889

0 921 900

5,470,000

1871
1871
1857
1857

500 Ac.
500 &c.

1808

1,000
1,000

I860
1866
1866

200 &e.
200 &c.

1854
1805

1,000
1,000

1808
1804
1871
1853
1801
1864

4,000,000
300,000
157,000
458,000

075,000
621,000
452,500
990,000
963,000
87,811
220,300

IOO

28,600

£100

4,970,080
787,000
1,500,000
713,000

1,000
£100
£100
£100
100
100 &c.

1,000
100
100
100

1850
1853
1870
1855
1874-5

"7

g.

A. & O. N.

J.

8
7
8
8
6
6
6
8
8

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

8

484,000

1,022,900
330,900
100,000
13,144,100
4,348,469
1,050,000
579,500
1,710,000

£200

3,398,950
3,253,020
3,872,000

3
3
6
6
6
0

g.
g.

g.
g.

3^2
6
7
5
3
5
6
G
6
0 g.
6 g.

ings, 1875, $270,955; net, $272; unpaid coupons to
Jail., 1876, $750,000. Annual report V. 22, p. 399.
Atchison, Topeka & Santa Fe.—Net eamings, 1875,
$821,*-07.
Interest is paid on $976,000 of the 2d

consol, mortgage bonds, but on the balance of that
issue coupons were funded to Oct., 1876, and were
then paid, half in cash and half in ten-year scrip.

Coupons, of Jan., ’77, on notes of ’82, paid half in
cash and half in scrip due 1832. (V. 22, p. £32, 327,
445; V. 23, p. 15, 353.)
Atlanta A Richmond Air
and now in litigation.
-

Line.—Defaulted in 1873,

Sale in foreclosure made
December, 1876.
Report of earnings &c., V.
22, p. 135. (V. 21, p. 14. 85, 323, 418, 483, 612; V.
22, p. 589; V. 23, p. 378, 575.)
Atlanta & West Point.—Gross earnings, 1875-6,
$283,498; net earning*, $99,539. There are $83,000
bonds outstanding. (V. 23, p. 3 02 )
Atlantic A Great Western—This road was leased
to the Erie for 99 years from May 1, 1874, bnt the
lease did not go into effect.
Shortly after (in
July, 1874) default was made on its bouds% The
last annual
report, to June 30, 1876, will be
found in V. 23, p. 328. Proceedings looking to
re-organization are in progress, and a considerable
amount of securities has been deposited by hold¬
ers with the London Committee.
The report of the

out the reconstruction scheme
announces that the deposit of bonds by holders,
has been made to the extent of about 3,000 bond¬

trustees to

carry

representing $28,963.000 1st, 2d and 3d
But a good deal of money is required,
and only some £7,112, by 220 bondholders, has yet
been obtaine 1. V. 22, p. 181, 3:7, 352; V. 23, p. 40,
110, 134, 159, 328, 450, 599, 646; V. 24, p. 88. 156.)
Atlantic A Gulf.—The Company also has $500,000
10 per cent coupon notes outstanding; $45,000 Junc¬
tion Branch RR. bonds, and $52,500 Bainbridge
holders,

Extension bonds.

in

Jan., 1889
Jan.) 1889

J.

J.

mortgages.

(V. 22, p. 374; V. 23, p. 302.)

1st

100
100
100

150
150
150
150
150
150
53
51
51
588
52
30

do
1870 .sterling, £800,000
Baltimore loan. 1855-’90

Alabama

....

1,000

Var’us Various
100 &e.
1869

Loan, 1850
Loan, 1853

Negotiations pending for a new adjustment.

...

1870

Jan. 1,1877

7
6
7

b

Y., First Nat. Bank.

Oct.

1,

1901

J. N. Y., First Nat. Bank. Jan. 1, 1877
Jan. 1, 1877
do
do
J.
do
July 1, 1893
do
J.
Jan. 1, '84rt’90
do
do
J.
Jan. 1, ’84-90
do
do
J.
Jan. 1, *86-’90
do
do
J.
do
do
July 1, 1884
J.
Men. 1, 1900
do
do
J.
Jan. 1, 1875
J.
Lynchburg Office.
J. N. Y., First Nat. Bank. July 1, 1880

&
&
&
&
&
&
&
&
&
&

,

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

2d mortgage ($5,000 per
Baltimore d Ohio—Stock

....

340

Interest funding bonds....

do

....

....

Virginia & Tennessee—Enlarged mortgage
do
do
4tli mortgage
do
do
Registered certificates

do

.

280

1st mort. consolidated, gold (for $15,000,000)
2d-mort. to the State (no interest till 1 880)
Norfolk (fe Petersburg—1st mortgage
do
do
do
1st
do
do
2d
do
South Side—1st preferred consolidated mortgage
do
2d
do
do
do
do
3d
do
do
do

3d

....

1,000

87
585
585

■

do

m

J. N. Y., B’k of Commerce.
J. N.Y.jDel. & Hud.Can.Co
do
do
N.
do
do
O.
do
do
N.
do
do
O.

3*3

1,000,000
933,000
2,000,000
253,000
1,595,000
2,100,500
4,000,000
3,400,000
9,980,000

2;410;300

Ohio Division

1st general mortgage ($18,000,000)
2d
do
do
($12,000,000)
3d
do
do
($29,000,000)
Leased lines rental gold bonds (Cl. & M.)
do
do
(P. P., P. y. and S. & A.)
Western Extension certificates (Cl., Col., Cin. & I.)
do
do
do
bonds
Atlantic & Gulf—Common stock

do

m

1872

05
148

20512

<m

June, 1901

When Passable,
Whom.

3,500;000

1,000

1865*
1805
500 (fee.
1869
1876
1,000
50
1866
1,000
1870
1871
1,000
100 «fec.
1874
1806
500 <fec.
1871
1871
1,000
1874
1,000
1871
500 *&c.
1809
500 <fee.
1870

Third Nat. Bank.

Payable

<fc J. N. Y.,
& J.
& J.

2,073,000
1,200,000

l',000

Stocks—Last
Dividend.

When

Cent.

J.
J.
j.

5,220,000

pal, When Due.

and by

Rate per

8
8 g.
8
7

1,000

Bonds—Princi¬

PR DIVTDBNDS.

INTEREST

Amount

Value.

....

Notes
Land income bonds
Pottawattomie bonds (contingent)
Wichita
Southwest, (leased) 1st M., gold, guar..
Kans. City Top. & West., (leased,) 1st M., gold
Pueblo *& Ark. Valley, (leased,) 1st M., gold
Atlanta d Richmond Air Line—1st mortgage
Atlanta & West Point—Stock

xifi

Interest on consol, bonds due
(V. 21, p. 275, 4S8; V.

Jan. 1, 1877, was not paid.
22, p. 469; V. 24, p. 39.)

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

&
&
&
&
&
&
ife
&
&
&
&
<fe
&
&
&
J. A
J. &

Fob,, 1877
Rw. Sept. 15,1876
May 2, 1886
Portland.
N.
Or 4-ondon, Gr. Trunk Rw. Oct. 1, 1884
Oct. 1, 1891
do
do
N.
Nov. 1, 1878
do
do
N.
Dec., 1876
Savannah.
D.
J. Phila.,Farm. &M. Bank July 1, 1881
do
do
July 1, 1884
J.
Nov. 1, 1876
Baltimore Office.
N.
Jan. 1, 1877
J. Balt., Merchants’ Bank.
April 17, 1875
Baltimore Office.
O.
Portland.
A.
S. London, Gr. Trunk
*

J. Balt., Merchants’ Bank.
Baltimore Office.
O.
London.
S.
Baltimore Office.
J.
J. London, Naylor & Co.

1880
1885
1895
1890
1878 & 1880

Atlantic, Mississippi A Ohio. — Of the stock
$5,845,700 is common, $800,000 preferred, and $276.200
guaranteed; the company
itself holds
$3,441,200 of the common, all the preferred,
and $165,700 of the guaranteed stock.
Gross earn¬
ings year ending September 30, 1875, $1,782,453;
expenses,

$1,108,947; net earnings, $678,505. There

a
decrease of gross revenue bv $42,890,
and a decrease of net revenue of $54,114. The
company funded one
coupon on

was

old bonds,

paid subsequent coupons
in part. Funding notes due 1875 and 1879 were
issued. In October, 1875, in London, the company
made a proposal to fund whole coupon then due,
1874, hut

January,

on

consol, bonds,

and four-sevenths of coupons

due

to 1881, paying three per cent cash on coupons
till 1881, and balance, if earned. A bill to foreclose
the consolidated mortgage was filed by the trustees
thereof, at Richmond, Ya., March, 1876, and in

up

Presi¬

June receivers were appointed. Extract from
dent Mahonc’s circular to bondholders, showing

the

financial condition, is given in the Chronicle, V.
22, p. 28C. (V. 21, p. 569, 591; V. 22, p. 110, 231,
280, 327; V. 22, p. 567. 589; V. 23, p. 62, 85, 232, 255,
278. 352, 402, 427, 499.)
Atlantic A St.
from

July,

Canada.

Lawrence.—Leased for 999 years,

1853, to

Annual

Grand Trunk Railway of
bonds and

rent, 6 per cent on

stock.

Augusta A Savannah.—Leased to Central
gia for $73,000 per annum; has surplus
about $50,000.

of Geor¬
fund of

Pennsylvania Rail¬
The Pennsyl¬

Bald Eagle Valley.—Leased to
road at 40 per cent of gross receipts.
vania Railroad holds all the 2d mortgage

bonds.

annual report for 1875-6
published in the Chronicle, V. 23, p. 624* The
gross earnings of the “Main Stem,” &c., and finan¬
cial condition of B. & O. Co. for four years were
Baltimore A Ohio.—The

was

as

follows:

RAILROAD STOCKS AND BONDS.

XIV

Subscribers will

confer a great

favor by

giving Immediate notice

of any error

DESCRIPTION.
Miles Date
For explanation of column headings, Ac., see notes
of
of
on first page of tables.
Road. Bonds
Baltimore A Ohio—(Continued)—
Sterling mortgage
do

do

sinking fund

Purchase of Connellsv. RR (payable $40,000
y’ly)
Northwestern Virginia, 3d mortgage, 1855-85
Baltimore A Potomac— 1st mort (tunnel) gold
1st mortgage, gold, (main line)
2d mortgage, income, main line and tunnel
BellevilleA South. III.—IstM., sink’gfund, guar...

1872

421

1874

....

92*4
9214
50

BelvidereDel.—IstM. b’ds of 1862(guar. byC. A A.)
2d mortgage, bonds of 1854
(
do
do
)
3d
do
do
1857
(
do
do
)
Consol, mortgage of 1867

67
....

....

....

Berkshire—Stock

Boston A Albany—Stock
Dollar loan
Loan of 1875, coupon or registered
Boston, Clinton A Fitchburg A Xew Bedford—Stock.

1st mortgage, Agricultural Branch

Mortgage bonds 1860-70

21

Equipment notes

'

Boston A Lowell—Stock

160
113

Bonds
New bonds
Boston A Maine—Stock
Bonds, coupon and registered
Boston A New York Air-Line— 1st mortgage
Boston & Providence—Stock
Bonds to purchase branches, coupon or registered
Buff., Brad. A Pitts.—Gen. M., (incl. 10,000 ac. I’d
Buffalo, New York A Erie—Stock
1st mortgage bonds
Consol, mortgage
Buffalo, N. Y. A Philadelphia—1st mort., gold
2d mortgage (for

$l,000?000)

Burlington, C. Rapids & Minn.—1st M., gold s. f
1st mortgage, gold (Mil. div.) coupon or regist’d.

Pacific extension bonds
Muscatine western extension
Income and equipment mortgage
Burl.A Mo. Riv.—1st M. on r’d A 400.000 ac’s I’d)
Bonds, conv. into C. B. A Q, st’k (3d series). S ta
Income b’ds, conv. C. B. A Q. st’k (4th ser.) )• ~
g
1st mortgage, conv. do. on branch (5th ser.)
Convertible bonds, C. B. & Q. st’k (6th ser.) J
Burl. A Mo. in Neb.—1st M., conv., land gr..
) Coup
Bonds, convertible till Jan., 1882
S may
Omaha A S. W., 1st mortgage, guar
) berg.
Burl. A Southwest— 1st mort., cp., may bo reg
Cairo A St. Louis—1st mort;
Cairo A Vincennes—1st mortgage, gold

California Pacific—1st mortgage, gold

2d mortgage, endorsed by Central Pacific
Camden A Atlantic—Stock ($838,150 of it pref.)
Camden & Burlington Co.—1st mortgage
Canada Southern—1st M., gold, s. f., cp. & re

....

1858
1873
....

Gatawissa—Common stock
New preferred stock
Old preferred stock
1st mortgage bonds
Chattel mortgage bonds
New mortgage

....

1872
1876

....

143

....

500

....

....

52
63

100
100
100 Ac.
100 Ac.

....

....

....

....

100

....

1873-4 500 Ac.
1875
1,000
100
1873
....

....

26
142
140
140
121
121
219
94

1,000

....

100

....

1857

1,000

....

1871
1873
1869
1872
2414 1872
31
1872
1874
1863
281
1868
1869
40
1869
1870
191
1869
1873
49
1872
105
1870
150
1871
156
1871
141
1869
141
1871
60
60
1853
60
1855
31
1867
291
1870

....

500 Ac.
....

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

....

50
500
500
500

....

....

500 Ac.
500 Ac.

....

1873
1874
1871

Ac.
Ac.
Ac,
Ac,

500 Ac,

....

242
242
40
100

coupon

Cayuga—1st mortgage, gold

1,000
1,000

....

65

■

....

Cedar Falls A Minn.—Bonds

100

on

....

1872

1st div. sink, fund..

14

division, sinking fund

Gross.

Net

Earnings.

Earnings.
$4,215,554

61

Stock and
Debt.

1864
1866

Boston, Clinton.

This

Outstanding

Rato pei

When

Cent.

Pay’ble

$9,198,852

c
0
6
6
G
6
6
8
6
6
6
7

9,576,000
1,000,000
140,000
1,500,000
3,000,000
1,133,000
1,100,000
1,000,000
499,500
745,000

20,129,282

4

5,000,000
2,000,000
2,570,100
400,000
799,600
870,000
571,500
800,000
1,000,000
624,000
1,309,500
3,250,000
200,000
999,500
700,000
6,921,274
3,400,506

7

1,000
500 Ac.

1,000
1,000
1,000

50

1,000
1,000

1,000
500 Ac.
500 Ac.

....

6

.7
8
6 A 7
3

a

20,000 p. m.

1,000,000
2,200,000
230,500
209,850
1,300,000
589,110
198,000
1,334,000




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

London.

Mch. 1, 1902

do

1910

S.
A.
J.

Philadelphia.

Baltimore.
1876-1900
Balt., Mech’s Nat. Bank
1885
Baltimore or London.
July 1, 1911
do
do
April 1, 1911
Jan. 1, 1915
Baltimore.
0.
N. Y., Russell Sage.
Oct. 1, 1896
D. Trenton, N. J., Office.
1877
1885
1887

do

Treasurer, Trenton,N. J.
Q-J. Boston, Kinder, P. A Co
A N.
Boston Office.

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

A A.

A
A
A
A
A
A
A

Storks—Last
Dividend.

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

Jan.
Jan.
Nov.
Feb.

1, 1916

10, 1877
15, 1876
1, 1892
July 1, 1895

do
do
Boston Office.
Boston, Boston N. Bank July 1, 1884
do
do
1889 A ’90
do
do
’81,’82, ’83, ’85
Boston, Suffolk N. Bank July, 1881A 94
Boston Office.
Nov. 15.1876

J. A J.
Boston Office.
1889
A. A O.
do
do
1893
3
J. A J.
Jan. 1, 1875
Boston, at Office.
6
A. A O.
do
do
Oct. 1, 1879
7
A. A 0.
do
do
April 1, 1892
6
J. A J.
do
do
July 1, 1896
3
M. A N.
Nov. 15, 1876
Boston, at Office.
7
J. A J.
do
Jan. 1, 1893
do
7
F. A A.
New York.
Aug. 1, 1895
4
M. A N.
Nov. 15, 1876
Boston, at Office.
7
J. A J.
do
do
July 1, 1893
7
J. A J.
New York, Erie RR.
Jan. 1, 1896
F. A A.
N. Y., Erie Railway.
3*2
Dec. 11, 1876
7
J. A D.
do
do
Dec. 1, 1877
7 g. J. A D.
do
do
6 g. J. A J. N. Y., Farm. L. A T. Co.
July 1, 1896
10
J. A J.
do
do
July 1, 1893
7 g. M. A N. New York or London.
May 1, 1919
7 g. F. A A.
do
do
Feb., 1902
7 g. J. A J.
do
do
Jan. 1, 1909
7 g. M. A S.
do
do
Sept. 1, 1908
7 g. J. AD.
do
do
June 1,1904
A. A O. Boston and New York. Oct.
7
1, 1893
8
J. A J. Boston, by Treasurer.
July 1, 1878
8
A. A O. Boston and New York.
April 1, 1879
8
J. A J.
do
do
July 1, 1894
8
J. A J.
do
do
July 1, 1889
8
J. A J.
Boston Office.
July 1, 1894
8
J. A J.
do
Jan. 1, 1883
8
J. A D.
do
June 1, 1896
8
M. A N.
Boston, Co’s Office.
May 1, 1895
7
A. A 0.
Oct. 2, 1901
7 g. A. A O. New York and London.
Oct., 1909
7 g. J. A J. N. Y., Nat’l Park Bank. Jan. 1, 1889
6 g. J. A J.
do
do
1891 '
0
Camden, Co.’s Office. Oct. 16, 1876
Q.-J.
7 g. J. A J. Phila., Farm. A M. B’k.
Jan., 1893
A. A O.
7
do
do
Oct., 1879
G
F. A A.
Phila. and Mt. Holly.
1897
7 g. J. A J. N. Y., Union Trust Co.
Jan. 1, 1906
7 g. J. A J.
6 g. J. A J. N. Y. Office, 4 Broad st.
July 1, 1923
7
A. A 0.
do
do
April 1, 1914
7 o* J. A D.
New York.
1901

-

•

3

3ig
,7
....

7

413
7
7

Fitchburg & New Bedford.—

$47,311,498
4,332,206
47,173,134
11,693,955
5,018,060
45,876,927
12,252,844
4,934,796
28,567,899
Boston, Concord & Montreal.—Gross earnings far
The gross earnings of the main and all leased lines the year ending with March, 1876, were $69$,35*;
in
1875-76
were
$15,031,235, and net earnings, net earnings, $182,012. There are also $76,000 old
$5 ,421,379, including earnings of Pittsburgh Divi¬ bonds due in 1865. (V. 22, p. 565.)
Boston A Lowell.—Operated with the Nashua &
sion for nine months.
The nominal surplus of
$36,022,365 is given as the value of assets above Lowell, which receives 31 per cent. (V. 20, p. 65;
stock and debt, which surplus
is represented V. 22, p. 42; V. 23, p. *00.)
Boston A Maine.— Net income, 1875-6, $846,653,
of branch lines, received
chiefly
by
securities
for advances made by the B. & O. In Dec.,
1875, against $790,753 in 1874-5. Pools earnings from com¬
the operating contract with Pittsburgh & Connells- peting points with Eastern. (V. 20, p. 14,614; V.
ville road was ratified, by which B. & O. guarantees 21. p. 533; V. 22. p. 280; V. 21, p. 500.)
Boston A N. Y. Air Line.—Formerly N. Haven
$10,000,000 bonds. (V. 21, p. 371, 487, 511, 591; V.
22, p. 374. 446; V. 23. p. 302, 378, 524; V. 24, p. Middletown & Wil. Road cost about $6,000,000,
88.)
represented now by $3,000,000 preferred stock and
Baltimore A Potomac.—This is the line of the $1,000,000 common. (V. 22, p. 567.)
Boston A Pivvidence.—The bonds and also $934,000
Pennsylvania Railroad from Baltimore to Washing¬
ton. The bonds are guaranteed by Penn. RR. and notes have been issued for purchase of branch
Northern Central. Last annual report V. 22, p. 588. roads. Total income, 1875-6, $1 ,467,759; net, over
(V. 21, p. 569; V.
Belleville A Southern Illinois.—Leased and operated operating expenses, $317,286.
23. p. 547.)
by St. L. Alt. & T. H. Co. on a percentage of gross
Buffalo, Bradford A Pittsburgh—Under perpetual
earnings. Gross earnings, ’75, $279,337. (V.20, p.380.) lease
to Eiie at $40,600 per year.
Belvidere Delavoare.—Stock is $995,700. Leased to
Buffalo, New York A Erie.—Leased to Erie in
N.
United Co.’s of
J., and lease assigned to Penn. RR. 1863, for 490 years, at 7 per cent on stock and interest
Neteamings go to lessor. In 1875 net earnings of B. and sinking fund on bonds. (V. 23, p. 646.)
D. were $226,404, against $4 6,3fl7 in 1874. floating
Buffalo, New York A Philadelphia.—This is the
debt, $1,245,392. (V. 20, p. 488.)
Berkshire.—Leased to Housatonic, at 7 per cent connecting line of the Philadelphia A Erie with
Buffalo. In 1874 the net earnings were $186,843.
per year on stock.
Boston A Albany.—The Boston & Albany is the
Burlington, Cedar Rapids A Minnesota.—In 1874main western trunk liue of New England. In past default was made in interest. Sale in foreclosure
was made June 22, 1876.
three' years the following has been its exhibit:
(V. 21, p. 85, 277. 591; V.
Gross
Net
Total Stock 22, p. 350, 374, 495, 567; V. 23, p. 15, 353, 378.)
Earnings.
Earnings.
and Debt.
Burlington A Missouri River.—An agreement of
1675-6
$7,074,758
$2,391,764
$27,129,282 consolidation and a perpetual lease to Chicago, Bnr.
1374-5
7,4)34,139
2,262,147
26,478,282 & Quincy, was made in Oct., 1S72. In August, 1875,
8,963.128
2,414,916
25,422,100 stock of Chic. Burl. A Q. was issued in place of
1872-3
'9,798,033
2,236,873
24.183,100 stock of this C.». and for convertible bonds. Annual
(V. 20,p. 14, 162, 592; V. 21, p. 464; V. 23, p. 47 7.) report V. 20.- p. 33 5. (V. 20, p. 139; V. 22, p. 87.)
....

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

Where Payable and by
Whom.

6

consolidation in May, 1876, of the
Boston, Clinton & Fitchburg and the New Bedford
Railroads. (V. 22, p. 471, 521,544; V. 23, p. 621;
V. 24. p.I31.)
was

Bonds—Princi¬

pal, When Due.

6 A 7

500,000

1,159,500|

1,000

g.
g.

6

4,000,000
500,000
580,000
950,000
1,922,000
200,000
2,582,000
805,500
5,400,000
2,200,000
1,800,000
800,000
2,000,000
4,638,250
298,500
300,000
290,000
401,000
5,715,000
600,000
1,034,000

,50

100

g.
g-

600,000

1,000

1,000
1,000
1,000

100

...

Amount

2,500,000
3,500,000
2,250,000
1,600,000
1,215,550
490,000
500,000
350,000
9,000,000
1,500,000
3,000,000
3,000,000
800,000

....

-

....

io6

Cayuga A Susquehanna—Stock

$9,632,361
10,514,178

....

1,000
1,000
1,000

’G9-’70

....

1st mortgage
2d mortgage

1875-6
1874-5
1873-4

1,000

1854

....

Mortgage, wharf purchase

2d

1,000

’61-’74 500 Ac.

Consolidated mortgage bonds (for $2,000,000)....

on

100
100

discovered In these Tables.

INTEREST OR DIVIDENDS.

1,000

....

100

Bonds

500
500

1871-2
1875

....

....

Tol., Can. S. A Det., 1st mortgage
gold,

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

....

....

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

Carolina Central^- 1st mortgage,
Income bonds, coupon

....

....

270

29
43

;

par

Value.

$....

1855
1871
1871
1875
1866
1852
1854
1857
1876

....

or

£100
£200

1875

....

...

11887732--43

411

Size

[February 21, 1877.

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

A
A
A
A
A
A
A
A

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

Nov. 16, 1876
Nov. 15, 1876
Feb. 1, 1882
1888 to ’89
Feb. 1, 1900
Jan. 1, 1877

April 30, 1884
Jan.

2, 1907

Burlington A Missouri in Nebraska.—The stock is
$8,583,750. A reoort of company’s operations. Ac.,
to Jan. 1, 1876, has not been published,
but we
have the earnings in 1875 as $123,843, and
expenses,
$351,643. The total land sales up to. Jan. 1, 1876,
amounted to 733,464 acres for $5,335,675, after de¬
ductions for dead contracts.
(V. 20, p. 289, 593; V.
22, p. 471; V. 23, p. 159.)
Burlington A Southwestern.—Defaulted Nov., 1873,
Force osure in progress. (V. 21,
p. 159, 441.)
Cairo A St. Louis.—Defaulted in 1873 by failure
to receive town and county bonds. Road
completed
February, 1375. (V. 20, p. 266, 313; V. 21, p. 31,
441; V. 22, p, 352.)

Cairo A Vincennes.—Defaulted in 1874. In hands
of receiver. (V. 20, p. 499; V. 21, p. 63, 302; V.
22,
p. 446.)

California Pacific. —Extension bonds of $3,500,000
default, bnt
a proposal offered
(V. 21, p. 315.
by Central Pa
Also V. 20, p. 516; V. 21, p. 169, 277
7; V. 22, p. 181,
and incomes of $1,000,000 have been in
.

280, 495, 613; V. 23, p. 62.)
Camden A Atlantic.—Net earnings, 1875, $207,642.
Camden

A

Burlington Co.—Leased to United
per cent on $382,000 stock.
Canada Southern.—Defaulted January, 1874, and
coupons funded, but interest not paid July, 1875.
In January, 1876, passed into N. Y. Central contrdt.

Companies, at 6

(V. 21, p. 159; V. 22, p. 16, 399, 567.)
Carolina Central.—Receiver appointed
December,
1876. Passed interest January, 1876. (V. 23 p. 622.)
Cayuga.—The Cayuga Lake road was sold under
second mortgage, and this Co. organized. (V. 19,
d.

270.)
Catawissa.—Leased to Phila. A Read., Oct, 1872,
New preferred stock dividend to be 7 per cent
in 1875-6 and afterward. (V. 20, p. 381.)

Cayuga & Susquehanna.—Leased in perpetuity to

Delaware, Lackawanna A Western.

Dividends, 9

per year.
Cedar Falls A Minnesota.—Leased to Dubuque A
Sioux City, and sublet to Illinois Central at $1,500

mile yearly, and
$3,500 per mile.

per

a per cent

of all earnings

over

February 24, 187..]

RAILROAD STOCKS AND BONDB.

Subscriber* will confer

a

great favor by giving immediate notice of any error discovered In tbese Tables.

DESCRIPTION.
For

Miles

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

Cedar Rapid8 A Missouri—Common stock
Preferred stock, 7 per cent

128
70
58
140
295

do
do

Central R. R. A Bank, Ga.—Stock..
General mort. “tripartite” bds ($5,000,000) coup.
Central of Iowa—1st mortgage gold coupon
2d mortgage, gold, $4,000 per mile
Central of New Jersey—Stock
Bonds (convertible Nov., 1875 to 1877)

1§66
....

•

•

•

•

97

New general mortaaere (“blanket” )
Newark A New York, 1st mortgage

7

JLehigh A Wilkesbarre Coal Co., 1st mort. guar..
Consol in., couj). guar.

m

m

m

m

m

m

m

a

1

769,600
700,000
582,000
2,332,000
7,500,000
3,222,000
117,000
3,700,000
925,000
20,600,000
5,000,000
4,400,000

3^2

....

1,000
100

•

‘

1,000
1,000
1,000
500 Ac.
£200

1,000
1,000

Imp.Co., 1st mort.,

guar. Cent.of N.J.
Central Ohio—Common stock
Preferred stock
1st mortgage bonds
s
Central Pacific—Stock
1st mort., gold, (sinking fund, $50,000 per year).
Subordinate lien, California State aid, gold
Bonds, (formerly convertible into U. S. bonds)..

1st mortgage on San Joaquin Valley Branch, gold
U. S. Loan, (2d lien on certain terms)
Western Pacific, 1st mortgage, gold
do
Government lien.
Cal. & Oregon, 1st mortgage, gold ( guar bv C.P.).
C. P. bonds, M. on C. & O. Br. ($7,200,000 g.)
San Francisco O. & A., 1st mortgage ($1,500,000)
Land bonds on 11,722,400 acres..
Charlotte Columbia A Auausta—1st m. (C. A A.)
do
consolidated
2d Moi tgage

Chartia-s—1st mortgage
Cherry Valley Shar. A Al.—1st mort., convert

Chesapeake A Ohio—stock
1st moi tiraare sinking fund "old
1st mort. exten. (2d on 427 miles) coup, or regd.
Debentures convertible into 2d mortgage
1st mortgage, (Va. Cent. It. It.,) guaranteed by Ya.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,) coup.
Funded interest, coupon bonds
Income bonds (for funding)

3.37
137
137

1213
742
50
138
140
742
158
123
152
152
20

Cheshire—Stock, preferredf

1st

427
427

1st mort. assum. by C. A A.
2d mort. assum. by C. A A.
2d mortgage.

1st mortgage

Chicago A III. Riv., 1st mortgage,

Ottawa, Oswego & Fox Riv., 1st m
Illinois Grand Trunk, 1st mort..
Quincy A Warsaw, 1st mortgage
..

j

Ga.—Leases several
In April, 1875, pur¬

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

earnings

ending Sept 1, 1S76, #2,601.54*2; net, #983,541.

(V.

21, p. 372, 417; V. 22, p. 304; V. 2i, p. 353, 498.).
sale in foreclosure

made Oct., 1875, but litigation still in active
progress
and an appeal taken without t-tay of proceedings.
(V. 22, p. 110, 495; V. 23, p. 159, 427; V. 24, p.

135.)

Central of New Jersey.—A report, in brief, for 1876,

gave
grossdecline
earnings
of $6,9415,000;
>n large
of stock
in June, net,
1876, $3,262,000.
the presi¬

dent issued

a circular,
stating that the company was
earning well, Ac., but giving no figures. In Sept,

issued (see V. 23, p. 278)
Ac in reference
to new “blanket”
mortgage; and finally ihe state¬
ment of President and investigating committee in
was

giving general financial condition.

,

32
40
51
31
70
44
40

Coupon,

Cedar Rapids A Missouri.—Leased to Chicago &

Feb., 1877. (V. 24,

1,000

1868
1872
1870
1870

1,000
1,000
1,000

1,000

1869
1872
1871
1869

1,000
1,000

3,178,000
600,000

1,860,000
13,080,000
3,000,000
2,437,950
411,550
2,500,000
54,275,500
25,883,000
1,500,000
1,483,000
6,080,000
25,885,000
2,616,000
1,970,000
6,000.000
2,000,000
500.000

8,(569,000
193,500
1,806,500
500,000
500,000

500 Ac.

300,000

1869
1872

100 Ac.

15,000,000

1872

1,000

7
6 g.
7
7

212
3
6
4
6
7
7
6
6
6
6
6
6
8
6
7
7
7
7
7

gg.
g.
g.
g-

g.
g.
g.

g.

1,000

100
500 Ac.

ioo
.

1873
1863
1862
1857
1864
1864
1868
1868
1870

100

1,000
1,000
500 Ac.
100

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

5,426,000
66,000
100,000
902,000
300,000
160,500
1,220,331
2,153,300
787,900
500,000
9,937,800
2,425,400
3,893,200
2,383,000
1,087,000

1,500,000
336,000
2,365,000

1,000

564,000
188,000
360,000
2,120,000

100

27,512,842

1858
1873

1,000
1,000

2,719,000

12,351,500
941,000
678,000

1872
1875
1869
1869
1868
1868
1870
1870

500 Ac.

1870

1,000

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

1,000
1,000
1,000

2,155,500
455,000
267,000
563,500
435,000
277,000
1,079,000
900,500

725,000

6 s.
7 g.
7 g.
6
6

8
8
7
1
6
7
4
4
6 g.
7
7

1%
8
7
7
7
7
7
7
5
8
7
4 g.
7
7
5

8
8
8
8
8
8
8

(V. 22, p. 326, 613; V. 23, p. 62, 829, 353, 525, 615;
V. 24, p. 63, 111, 135, 156.)
Central Ohio— Leased to Balt.& Ohio RR. in 1866
for 2) years, rent 35 per cent of gross receipts for 5
years, and 40 after.
Pays 6 per cent dividends.
Central

Pacific— An abstract of the annual re¬
port for 1875. including the land agent’s report, also
gross and net earnings to June 30, 1876, was uiven




whom.

Boston, Treasurer.

F. A A.
do
do
F. A A. N. Y., NatT Park Bank.
F. A A.
do
do
M. A N.
do
do
J. A D.
Savannah, Ga.
J. A J. New York A Savannah.
A. A 0.
Savaunah, Ga.
J. A J.
New York, Office.
A. A O.
do
do

Q.-J.

New York, at office.

F. A A.
M. A N.

do
do
do
do
do
•
do
do
do
do
do
London.

Q.—J.
J. A J.
M. A N.
N.

Q.—M.
J.
J.
J.
M.
A.
J.
J.
J.
A.
J.
J.

A
A
A
A
A
A
A
A
A
A
A

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

A
A
A
A
A
A

Stock*—Last
Dividend.

Feb. 1,
Feb. 1,

1877
1877

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

June, 1874
1, 1893
Oot., 1880

Jan.

July 15,1899

April 15,1901

April 10.1876
1890

Nov., 1902
July 1, 1899
1887

Y., Cent. RR. of N. J.

J.
do
do
D. Balt., at B. A 0. office.
D.
do
do
8. Balt., West. Natl. Bank.
O. N. Y. A San Francisco.
J.
N. Y., Fisk A Hatch.
J. Sacram’o State Treas.
J.
N. Y., E. Kelly A Co.
N. Y., Fisk A Hatch.
O.
J.
U. S. Treasury.
N. Yr„ Fisk A Hatch.
J.
U. 8. Treasury.
J.
N. Y., Fisk A Hatch.
do
J.
do
J.
do
do
do
do
O.
J. N.Y.,M.K.Jesup,P. A Co,
J.
do
do

A. A 0. Philadelphia, Penn R.R.
J. AD. N. Y., Metropolitan Bk.

Feb. 1,
June 1,

1899
1900

Dec. 30,1876
Deo. 30,1876

Sept., 1890
(?)
1895 to '98

July 1, 1884

Jan. 1, 1883
Oct. 1, 1900
1895 to '99

July 1, 1899
1899
Jan.
Jan.

1, 1888
1, 1892

July 1, 1890
Oet. 1, 1890
1890
1895
Oct. 1, 1901
Dec. 15, 1899

the Chronicle, V. 23, p. 426.
Gross earninzs,
1875, $17,021,015, currency; expenses, $7,417,944;
net earnings, $9/03,071.
The policy of making
8 per cent dividends yearly was declared in 1875.
but no notice of payment of dividends on stock has
been published since Oct., 1875. Trustees of land
mortgage purchased $540,000 of the land grant bonds
in July. 1876. (V. 21, p. 159, 488; V. 22. p. 61, 233 352,
471, 521, 545, 613; V. 23, p. 86, 207, 379, 426; V. 24,
p. Ill, 157.)

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

A
A
A
A
A
A
A

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

Nov.. 1899

N. Y., Fisk A Hatch.
do
do
do
do
N. Y., Am. Exch. Bk.
do
do
do
do
do
do

July 1, 1902
July 1.’77 to ’92
1880

1804
1876
1877

1893
J.
J.
M.
M.
M.
J.
J.
A.

A
A
A
A
A
A
A
A

J.
J.
N.
8.
S.
J.
J.

0.

Q.—J.
J.
A.
A.
J.
J.
F.

A
A
A
A
A
A

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

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

8.
J.
J.
J.
O.
J.
D.
N.
J.
J.
J.
J.
O.
J.

Jan. 15, 1877
1880 A 1896

Boston.
do

Philadelphia.
May, 1872
N.Y.,M.K. Jesup.P. A Co. March 1,1877
"do
do
March 1, 1877
Lond’n,J,S.MorganACo. Oot. 1, 1903
N.Y.,M.K. Jesup,P.A Co.
Jan., 1893
do
do
Jan., 1883
N. Y. U. S. Trust Co.
Jan., 1877
N. Y.,M.K. Jesup,P. A Co.
July, 1882
do
do
April, 1894
do
do
April 1,1894
do
do
July, 1898
do
do
July, 1898
do
do
Aug., 1900
N. Y., Bk. of Commerce.
do
do
Boston office.
Frankfort.

Sept. 15.1876
Jan. 1, 1883
July 1, 1903
July 1, 1890
N.Y., N. Bk. of Com’rce. Oct. 1, 1890
Jan. 1, 1896
Boston, Co.’s office.
Boston, Co.’s Office.
June 1, 1895
May, 1879
N.Y., N. Bk. of Com’rce.
do
do
July, 1889
do
do
July, 1878
N. Y.,N.B’k of Comm’rce
July, 1878
Now York and Boston.
July, 1900
Boston.
Oct., 1890
New York and Boston.

p. 569. (V. 22, p. 42. 87. 134 .
V. 23, p. Ill, 525; V. 24,|p. 62.)

July, 1890

230, 875, 992,589;

Cheshire.-TXet income. 1875-76, $124,841.
p.

(V. 21,

590; V. 23, p. 548.)

Valley.—In hands of trustees and leased
Philadelphia & Reading. Coupons due I860, paid
May, 1876.
Chester

to

in

Charlotte, Columbia A Augusta—Stock is $2,578,Net earnings in the year ending September 30,
1876, $203,327, against $250,004 the previous year.
Floating debt retired May, 1876. (V. 21, p. 590; Y.
22, p. 134, 471; Y. 24, p. 62.)
000.

Chartiers.—Leased to Pitts. CIn. A St. Louis, and
operated by Penn. Co. Net earnings go to lessorin 1875, $34,727. (V. 22, p. 519.)

p. 135, 156.) This Company also
Cheri'y VHley, Shar. A Al.—Transferred to Dela¬
$2,310,000 of Lehigh Coal A Navigation ware & Hudson Canal Co., April, 1875. Interest
Company’s debt and $265,793 of the Railroad Car unpaid in December, 1875. (V. 20, p. 404.)
Trust Company.
The following table shows the
receipts, expenses and net earnings, including Le¬
Chesapeake A Ohio—After the panic of 1873, de¬
high & Susquehanna Division:
fault was made on interest. Net earnings in 1875 76
Receipts.
Expenses. Net earn’gs. $356,476.
Receiver appointed October, 1875, and
1871...
$V4i,379
$3,706,141
£3,135 235 foreclosure proceedings are in progress for the
1872
:... 7.120,718
4,236,806
2,883,912 purpose of re-organization.
A large amount of
8,881.366
4,215 584
4,665.782 bonds have been deposited with the Committee, and
all
holders
8,5>9,631
4,140,601
4,449,030
assenting should deposit immediately.
7,411,637
4,128,7-7
3,282.910 A very complete statement of outstanding liabilities
and
the
6,946,0t)0
3,684,OCO
3,262,000
plan of re-organization are given in Y. 21,
assumes

Where payable, and by

Q.-F.

7
7
7
4
7
7
7 g.
7 g.
2 Vi
7
7
7

pal, When Due.

15,898,401

96

)■ but may be
registered.

Northwestern at #700 of first $1,500 gross earnings
per mile; one-third of the next $3,000 per mile, and
one-fifth of all above that. (V. 2.', p. 162.)

another statement

1869

100

Carthage & Burlington, 1st mort..
Dixon Peoria & Hannibal, 1st m...

Central of Iowa.—Decree of

1,000

1874

825
406
825

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 $13,800 per year).

Bank.

....

1870

14,150,000

700,000

Chicago^ Burlington A Quincy -riStbck!

Central Raibvad A

1864
1862

g uarauteed...

American Central, 1st mortgage..
Peoria A Hannibal, 1st mort

100

1,000
1,000

2iis

1st mortgage

roads, and guarantees bonds.

1865-8

1,000

....

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

mortgage, sinking fund....

St. Louis Jack. & Ch.,
do
do
do
do
do
do
Louisiana A Missouri,

s

04

Bonds, not mortgage
Chester Valley—1st mortgage
Ohicaao A Alton—Common stock
Preferred st’ek (7 i>. c. y’rly not cumulative)
General mortgage, sterling, for $8,000,000
1st mortgage
Income bonds (a 1st lien on income)
Joliet A Chicago, 7 per cent, stock.
do

50
50

....

-

85
195
195
23
21

.

do

•

Payable

$6,850,400

500 Ac.

•

When

Cent.

$100

1869
1871
•

Rate per

Outstanding

1,000

Bonds—Princi¬

INTEREST OR DIVIDENDS.
Amount

par
Value.

1872
1870

1869
1872
1874
1876
1867
1874
1875

'

Consolidated mortgage (for $25,000,000)

4781

1863

231
231
291
74

Mortgage bonds

Ain. Dock A

1861

....

or

100
500 Ac.
500 Ac.
500 Ac.
100

....

015

Macon A Western bonds

do

Size,

274

1st mortgage

do

Date

of
of
see notes
Road. Bonds

Chicago A Alton.—The report for 1875 Is given at
length in V. 22, p. 255, and shows gross earnings of
$4/56,763, and net earnings of $2,052,638, against
$2,336,876 in 1874. Joliet & Chicago RR. is leased for
interest on stock and bonds. St.X., Jack. & Chic.
Railroad leased at $240,000 per year. Louisiana &
Mo. RR. built and operated under contract. (See V.
19. p. 479; V. 20, p. 429.) The Chicago * Illinois
River bonds had not been sold to January, 1876,
and there wras some litigation. (V. 18, p. 850; V. 19,
p. 16, 479; V. 20, p. 176, 265, 289, 500; V. 21, p. 185,
612; V. 22, p. 25 5; V. 23, p. 478.)

Chicago Burlington A Quincy.—Purchased in Oct.,

1876, St. L. Rock Is. & Chic, road, for $1,570,000 in
gold. Gross earnings for 1875 were. $11,791,381; ex¬

$6,430,122; net earnings. $5,361,238; interest
charge, $2,014,709. The C. B. A Q. leases numerous
branch roads, giving them a trafiic guarantee (usually
40 or 50 p. ct.) for purchasing their bonds. Enough
of the consolidated moitgage is reserved to take up
prior debts.
In August, 1875, stock of this
penses,

Company was issued in exchange for Burlington A
Missouri River Railroad stock, and the same is alp<»

fiven for the convertible

bonds of Burlington A

[issouri River Railroad.
The bonds of 1876, for
purchase of St. Louis Rock I si. & C. Railroad, are
plain bonds of Chicago Burlington A Quincy, but
offset by 7 per cent mortgage bonds of like amount,
secured on St. Louis Rock Island A Chicago road.
(V. 20, p. 15, 3?, 60, )F4, 335. 499: Y. 22, p. 231;
V. 23, p. 63, 255, 403, 426, 499, 525, 598; V. 24, p. 63,
111.)

RAILROAD STOCKS AND BONDS.

XVI

Subscribers will confer

INTEREST OR DIVIDENDS.

DESCRIPTION.
For

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

great favor

a

Miles
of

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

Chicago, Burlington A Quincij—(Continued J—
Keokuk A 8t. P., 1st M. (Coup., but may be reg.)
Albia Knoxville & Des Moines, 1st mortgage
Bonds for St. L. R. I. A Chic. (sink. fund)'.T.

0

,

m

m

]

73
60
108
21
131

i

1st mortgage, ou branch

f
j registered.

Chicago, Milwaukee A St. Paul--Com. stock...
Preferred st’ek (7 p. c. y’rly, not cumulative).
Consolidated mortgage (for $35,000,000)....

—!...

(Lacrosse Div.)
<Iowra A Minnesota)
(Minnesota Central)
(Iowa A Dakota)
(Prairie du Chien)
(Prairie du Chien)

.

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

370
370
220
49

‘Scg
f£

....

£3
as
£©

235
235
«...

130
75
85

mortgage, Chicago A Mil. line

Equip. Aondge bonus (may be paid in 1878)

©

Western Union, 1st mortgage

©

•

.

•

•

197

1,459
1,459

Chicago A Northwestern— Common stock

Preferred st’ek (7 p. c. y’rly, not cumulative).

-

1860
1863
1869
1870
1871
1872

1,399
1,399

Milwaukee A Western
Bt. P..A Chic. 1st M. (Riv. Div.) $ A £(conv.)
1st mortgage, Hastings A Dakota
1st

80

82
82
82
195
195
195
52

Coupon,
but
may be

1st

mortgage
2d mortgage
1st mortgage
1st mortgage
1st mortgage
1st mortgage
2d mortgage

1869
1875
1876
1872
1867
1871
1869
1872
1871
1871

....

Chic., Dam. A Fin.—1st mort., gold, sink’g f’d
Indiana exten., 1st mort., gold (2d mort on 114m)
Chicago, Dubuque A Minnesota—1st mort
Chicago A Iowa—1st mort., coup., may be reg
Chicago, Iowa A Nebraska—Stock
2d mortgage (now 1st)
mortgage
lBt mortgage

of
Bonds

•

.

do
3d
(now 2d)
Chic. A Mich. L. Shore—1st mort

[Date

43

Chicago A Canada Southern—1st mort., gold..
Chicago, Cincinnati A Louisville— 1st mort...
Chic., Clin. A Dub— 1st mort., coup,, regis’ble.

1st

193
1859
Bonds, pref. (sink’g fund), 1st mort., Chic, to Osh.
Interest bonds, funded coup., 2d m., Chic, to Osh.
193
1862
1st mort., general, 3d mort., Chic, to Oshkosh—
193
1859
23
Appleton exten., 1st mort. on 23 miles and land..
Green Bay exten., 1st mort. on 26 miles and land
26
1862
1st mort., Galena & Chicago Un. RR. extended...
248
1853
Mississippi River Bridge b’ds, lien on net earnings
Elgin A State Line Railroad bonds
1st mort. (Peninsular RR.) on roads and lands...
1863
74
1st mortgage (Beloit & Madison Railroad)...
46
1863
Consol, sink’g f’d M., (all above convert, into this)
779
1865
Madison extension, 1st mort., sinking fund, gold.
126
1871
85
Chioago A Milwaukee, 1st mortgage, 2d lien.
Menominee extension, 1st mortgage, gold
120
1871
1872
Gen, cons, mort., gold, coup, or reg. ($48,000,000) 1,058
Winona A St. Peter, 1st mort., guar by Chic.&NW.
137 1870-1
do
2d mort.,
137 1871-1
do
do
•

•

•

•

....

...

1st M. exten,

f.

do
gld, land gr.,
La Crosse, Tremp. & P. 1st mort,, guar. C. & N.W.
Iowa Midland, 1st mort., guar, by Chic. & N. w..
Northwestern Union, 1st mortgage, gold....
8.

Chicago A Paducah—1st mortgage
Chicago, Pekin A Southwestern—1st mortgage.
2d mortgage
Chicago, Rock Island A Paci fic—Stock
1st mortgage, sinking fund
Branch bonds (sinking fund $40,000 from 1877).
Chic. & S’wresteni, 1st mort., gold (guar in cur)...
do
Atcli. Branch, 1st M., gold, not guar.
Cincinnati, Hamilton A Dayton—Stock
1st mortgage of 1853
2d
3d

do
1865
do
1867
Consol, mort. (for $3,000,000), sink, fund 1 r>. c..
Cin. Ham. A I, (Junction) RR., 1st mort., guar...

Cincinnati, Lafayette A Chicago— 1st mort., gold
Consolidated mortgage
Cin. A Martinsville— 1st mort.,guar by lessees.
Cincinnati A Muskingum Valley—1st mortgage
Cin., Richmond A Cliic— 1st mort., guar. C. H.AD.
2d mortgage, guar, and owned by C. H. & D
Cin., Richmond A Ft. lVr.—1st mort., gold, guar

Chicago A Canada Southern.—Connection of Can¬
ada Sonihern.

Interest not paid.

Chicago, Cincinnati A Louisville.—No informa¬
tion furnished.

Chicago, Clinton A Dubuque.—This road defaulted

in 1873. It was built by construction companies in
which certain directors of C. B. & Q. were stock¬

holders.

(V. 23, p. 232, 499; V. 24,

39, 63, 13a.)
w’as also a
2d mortgage for $1,000,600 and a chattel mortgage
of $1,000,000, most of which are pledged. Default
was made in 1873.
Foreclosure sale ordered by
decree of Dt cember 6, 1876, and took place Feb. 7
and 8. (V.22, p. 87. 304, 544; V. 23. p. Ill, 159, 255,
547, 598; V. 24, p. 157.1
Chicago, Dubuque A Minnesota.—Defaulted De¬
cember, 1873, same as Chicago Clinton & Dubuaue.
(V. 81, p. 14; V. 23, p. 232, 499; V. 24, p. 39, 63, 136.)
Chicago A Ioun.—RsiB a traffic guarantee of Chic.,
Burlington & Quincy 40 per cent for purchase of
bonds. (V. 22, p. 87.)
Chicago, Iowa & Nebi'aska.—Leased in perpetuity
p.

Chioago, Danville <fc Vincennes.—'There

to

Chicago & Northwestern, at 87#

gross receipts.

per cent

of

Chicago A Michigan Lake Shore.—The first mort¬
gages, main line, have traffic agreement from Michi¬
gan Central. In default for interest since July, 1873.

except on first bonds $477,000. Receiver appointed
Nov., 1876. (V. 20, p. 60, 312; V. 23, p. 547.)
Chicago. Milwaukee A St. Paul.—The earnings
were reduced in 1874 and 1875 by the lower freight
rates imposed by the Wisconsin railroad law7.
The law was * modified, and with April, 1876,
higher rates again took effect. The following is a
comparison for three years of operations, and
financial condition at the close of year:
1676.
Miles
Stock
Debt

1,399
..

$

1875.

1,399

$27,673,744

expenses.

8,054,171
4,953,321

27,129,603
8,255,743
5,170,354

Het earnings.

3,100,847

3,085,389

Earnings.
Op.




...

[February 24, 1877.

175
28
75
62
156
70
64
674
359

1871
1870
1870
1872
1873
1871
1871

270
30
60
60
60
60
60
98
75
75
38
148
36
36
90

Size,

or
Par
Value.

$500Ac.
1,000

liOOO
1,000
500 Ac.

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

1,000
1,000
1,000
1,000
100
100

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

1,000
1,000
500 &c.

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

1.000
500 Ac.
500 Ac,

1,000
1,000
100 Ac,

1,000
1,000
500 Ac.
1 000
1.000
1 000
100

1866
1875
1869

100 Ac.

1871

1,000

1,000
1,000

100

1853
1865
1867
1875
1873
1871
1874
1865
1870
1866
1869
1871

1,000

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

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

1,000

Amount

Outstanding
$318,500
462,000
2,200,000
2,500,000
1,000,000
1,500,000
2,500,000
2,500,000
4„425000

Rate per
Cent.

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

1,750,000

8

3,838,200
568,200
211,500
477,000
3,523,000
1,350,000
1,280,000
15,399,261
12,274,483
5,710,000
6,600,000
675,000
3,810,000
190,000
748,000
3,674,000
1,315,000
234,000
4,000,000
234,000
2,500,000
219,000
3,500,000
15,011,180
21,502,233
1,237,600
737,400
3,568,500
140,000
264,000
1,692,000
182,000
120,500
294,000
271,000
4,390,000
3,150,000
1,700,000
2,700,000
10,583,000
2,750,000
1,650,000
4,375,000
1,000,000
1,350,000
3,500,000

5
7
7
8
8
8
8
7

2 808.000

700,000
300 000

24,999,700
8,167,000
1,000,000
5,000,000
1,000,000
3,500,000
1,250,000
500,000
500,000
1,000,000
1,846,000
1,120,000
724,000
400,000

1,500,000
560,000
65,000
1,800,000

8.

3*2
7
7
7
7
7
7
8
7-3
7
7 g.
7
7

10
7

3^2
312
7
7
7
7
7
7
7
6
7
7
7
7 g.
.

7.
7
7
7
7
7
10
8
7
7
8
s
2
7
6
7
7
4
7
7
8
7
7
7
7
7
7
7
7
H
•

g.
g.

g.

g-

g.g.

g.
g.

cr

C5*

p. 111.
Dividends have been
1869—on pref. stock—in 1876 14 per
cent in cash; in 1874 7
7, 1371 7, 1870 7 and 3
scrip; on common stock in 1871 7 scrip, 1870 3 cash
and 7 scrip. (V. 22, p. 280. 421, 567; V. 23, p. Ill;
V. 24, p. 105, 111.)
Chicago A Northwest.—The fiscal year ends with
May. The last annual report will be found in the
Chronicle, Y. 23. p. 158 and 181. The net sur¬
plus of the year on the Chic. & Northwest, lines
proper, after paying interest, wras $1,797,550, and on

since

cent in bonds, and 3*4 per
in bonds, 1873 7 cash, 1872

whole

$1,179,716.

system, including proprietary roads,
The net earnings of proprietary roads

were $674,589, and
the interest on their bonds,
$992,422 Lands of the company are 2,155,560 acres
unsold.
In 3875-6, 10,456 acres were sold at an
average price of $2 96 per acre.
The nominal sur¬
plus balance of the Company, May 31, 1876, w7as
$3,817,329. Operations of- the C. & N. W. proper,

for the last six years, compare as follows:
Gross
Net
Expenses
and taxes.
earnings.
earnings.
1875-76.... $12,773,7:1
$7,408,857
$\864,8.3
1874-75
7,984,694
4,723,' 31
12,707,726
3 873-74....
9,334,450
5,075,673
14,410,124
1872-73...
8,178,237
12,736,607
4,568,370
...

1871-72....

11,402,161

1870-71.
11,694,914
The trust deed of the

6,810,026
6,311,506

4,592,135
5,383,408

gold loan provides contin¬
gently for a possible issue of $43,000,000, by ulti¬
1,399 mately absorbing all the other bonds and also nil
$27,673,744 subsequent issues, including all the bonds of the
27,119,610 proprietary roads of the company, together aggre¬
8,953,017 gating $35,349,000, which amount is reserved from
5,871,116 the $49,000,000. Dividends have been paid—Decem¬
3,081,900 ber, 1876, 3y2 on preferred; July, 1873, 3# on pref.:
1874.

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

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

A J.

Q.-F.
A.
J.
J.
J.
J.
M.
J.
A.
A.
M.
J.
F.

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

280, and V. 23,

the

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

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

Where

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

J.

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

J.
A.
N.
D.
O.
N.
J.
I).
O.
J.
S.
J.
A.
J.
J.
J.

Payable, and by

Stocks—Last

Whom.

Dividend.

Boston.

April, 1879

Oct. 1, 1901
Boston.
Y., Union Trust Co. April 1, 1902
N. Y., Farm. L. A T. Co.
Jan., 1887
Bost., C., B. A Q. Office. Juno 1, 1896
New York, Co.’s Office.
April, 1909
do
do
April, 1912
Bost., C., B. A Q. Office. June 1, 1896
New York and Boston. July 1, 1901
Jan. 1, 1877
Boston, by Treasurer.
Boston, Merchants’ B,k. July 1, 1888
New York, Park Bank. Aug. 15, 1892
Sept* 1889
Bost., Treasurer’s office.
do
do
July, 1890
do
do
Nov., 1891
do
do
Sept. 1, 1892
New York, Office.
Jan., 1871
Oct. 5, 1876
do
do
do
do
Julv 1, 1905
N.

v

do
do
do
do
do
do
do
do
do
do
do
do
do
do
New York, Office.
London and Now York.
New York, Office.
do
do
New York, Office.
N. Y., Mil. St. Paul RR.
New York, Co.’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
do
do
do
do
do
do
do
do
do
do
do
do
do
do

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

Q.-J.

The issue of consol, bonds of 1875 was made to sub¬
stitute for that of 1874; of these bonds $27,339,000 are
reserved to take up old debt. The dividend on pre¬
ferred stock March, 1874, was paid in consol, bonds
and the same April, 1876, and about $1,000,000 were
issued June, 1876, for steel rails, La Crosse Bridge,
and Milwaukee Elevator. See statements V. 22, p.

paid

When

Payable

Boyids—Princi¬

pal, when Due.

,

1893
1884
1897
1894
1899
1898
1898
1891

Jan., 1902
1902
1903

June 1,

1883

Feb. 1896
Dec. 28, 1872
Dec. 22, 1876

Aug. 1, 1885

May, 1883
Aug. 1, 1885
Aug. L 1885
Aug. 1, 1885
1882
Jan.

1,
July 1,
Sept. 1,
Jan.,
Feb. 1,
April,
July 1,
June
Dee.
Jan.
Nov.
Dee.

1884
1878
1898
1888
1915
1911

1898

1, 1911
1, 1902

1,
1,
1,
April 1,
Oct.,
June 1,

1887
1907
1916
1878
1900
1915

July 1, 1903
Y., Farm. L. A T. Co. Aug. 1, 1901
"

New

York, Co.’s Office.
do
do
do

do
do
do

1891
Feb. 1, 1877
1896

Aug. 1, 1895
Nov., 1890
....

N.

Y., Winslow, L. A Co.
do
do
do
do
do

do
do
<lo
do
do

N.Y., J.S.Kennedy A Co.
do

do

New York, Co.’s Office.
New York, Moran Bros.
N. Y., Winslow, L. A Co.
do
do
A D. N. Y., Winslow, L. A Co.

April, 1873
May 1, 1880
July 20,1885
June,* 1877
Oct., 1905
Jan., 1903
Meli. 1901
Nov. 1, 1914

July, 1905
Jan., 1901
July, 1895
Jan. 1, 1889
June, 1921

December. 1872, 3# on both; June, 1872, 3# on
preferred; December, 1871, 3# on preferred; June,
1871, 5 on both; December, 1870. 5 on both;
June, 1870, 2 on preferred; December, 1869, 5 on
preferred, 4 on common; June, 1869, 5 on both; De¬
cember, 1868, 5 on both. (V. 21, p. 109; V. 22, p.
544 ; V. 23, p. Ill, 493; V. 24, p. 29.
Chicago & Paducah.—Completed in July, 1874.

proposed Oct., 1876. (V. 23, p. 427.)
Chicago, Pekin & Southwestern.—Opened in 1873,'
earnings first half of 1874, $66,346; net,
$33,720.)
Chicago, Pock Island A Pacific.—Net receipts in
year ending
April 1, 1876, $3,687,028, against
$3,543,283 in 1874-75. The income account for year
was
as follows:
Gross receipts, $7,342,189; net
receipts, $3,687,028; dividend payments, $4,678,384;
interest. Ac.. $785,000; nominal surplus for the year,
$1,214,081. Chicago & Southwest, road is leased, and
interest guaranteed on $5,000,000 of its bonds ;
the others are in default. Road was sold Nov.
1, 1876. CV. 20, p. 614; V. 21, p. 38, 186, 253; V.
23, p. 13, 258, 303, 353,450, 499, 598.)
Cincinnati, Hami’ton A Dayton—See report inV.
23, p. 39, showing net income of $137,545 in 1875-6.
Investigating Committee’s report, Y. 20, p. 357.
(V. 19, p. 183; Y. 21. p. 62; V. 22, p. 280; V.23, p.39.)
Cincinnati, Lafayette A Chicago.—Lafayette. Ind.,
to Kankakee, Ilf.
Gross earnings in 1875, $400,051*
net, $178,903.
(V. 20, p. 568.)
Cincinnati & Martinsville—Receiver appointed,
Feb., 1876.
Sold in foreclosure, June, 1876. (V.
20, p. 289; V. 22, p. 232, 614; V. 23, p 85.)
Cincinnati & Muskingum Valley.-Is leased for 99

Newline
Gross

years

from 1873 to Pittsb., Cin. & St. Louis for net

earnings, but bonded interest is guaranteed. Net
earnings, 1875, $35,744. (V. 22, p. 519, 614.)
Cincinnati, Richmond A Chicago.—Leased to Cin.,
Ham. & Dayton, which owns most of the stock. Net
income above interest, 1875-6. $8,229. (V.*21, p. 62.)
Cincinnati, Richmond A Fort Wayne.—Leased to
Grand Rapids for y9 years. Interest on bonds in

guaranteed by Grand Rapids, Cincinnati Hamilton
& Dayton, and by Pennsylvania Co. (V.22, p. 532.)

Subscribers will confer a

great favor by giving
Of

8

first page

Road

ol tables.

Preferred stock.

171

.

A

Sandusky city A Ind.
Cincinnati, Sandusky & Cleve..
Cincinnati <£• Springfield—1st mortgage, guar
2d mortgage
— —.
Cin., Wab. <£ Mich—1st mortgage
Cleveland, Columbus, Cincinnati <£ Ind — Stock.. .
1st mortgage (C., C. & C. RR.) $25,000 a year...
do
(Bel. A Ind.) excli. for new mort..
do
C., C., C. A I. sinking fund..
Consolidated mortgage (for $7,500,000)
Cleveland A Mahoning Valley—Stock
1st mortgage, extended
do
do

....

....

80
48
81

471
138

.

.

202
300

300

.

07
07
35
145

New bonds

Cleveland, Ml. Vernon A Del.—1st mortgage, gold...
1st mortgage, Columbus Extension
Income mortgage for funding
:
Cleveland A Pittsburgh— Guaranteed stock
4th mortgage (now 1st)
Consolidated sinking fund mort. for $5,000,000.
Construction and equipment bonds
Cleveland, Tuscarawas Valley A Wheeling— 1st m..
CoUbrookdalc—1st mortgage
Colorado Central—1st mortgage, convertible

....

100

100

.

v

Mocking Valley—Stock..
mortgage, sinking fund bonds
mortgage, Logan & Straitsville Branch

mortgage bonds
Columbus, Chicago A Indiana Central—Stock
1st M. Columbus, Chic. & Ind. Central
....
do
Chic. & Q’t East. (Chic, to Logansport)
do
Col. A Ind’polis Cent. (Col. to Ind’s A br.)
2d

Union & Logansp’t (U’n City to Logansp’t;
Tol. Logansp’t A Burl.(Logansp. to Ill line;
Col. A Ind. 1st A 2dpref.(Col. to U’n City]
-

do
do
do
Columbus, Chicago A
Income conv. do
do
Income (Toledo, Logansport

50
50
44
08
7
38
38
82
52
52

fund now $148,931)

Connecting (Phila.)—1st mortgage
Cumberland & Pennsylvania—1st mortgage
2d mortgage, sinking fund, (guaranteed)
Cumberland Valley—Stock ($484,900 preferred) —
1st mortgage
2d mortgage, sinking fund guaranteed—
Common bonds
Danbury A Norwalk—Stock.
1st, 2d and 3d mortgages
Danville, Hazleton A Wilkesbarre—lnt mort
Danville, TJrbana, BTlon A Pekin—1st M., gold.....
Davenport A St. Paul—1st mortgage, gold
Dayton & Michigan—Com. stock (3^ guar. C.H.AD.)
Preferred stock, (8 percent, guar. C. IL &D.)
1st mortgage, sinking fund, $30,000 per year—

(cost $353,940) 1st and 2d

mortgage

Cincinnati, Sandusky A Cleveland— In the year
ending June 30, ls76, gross earnings were $863,(76;
expenses, $576,907; net earnings, $286,169, leaving
$10,352 balance, after paying rentals, interest, &c.
(V. 21, p. 591; V. 23, p. 4o0.)
Cincinnati A Springfield.—Leased in perpetuity
to Clev. Col. C. & I., with guarantee of interest;
on first mortgage half of interest is also guaranteed
by Lake Sh. & M. S. (V. 23, p. 232 )

Michigan—Paid interest

January, 1876, to bondholders not consenting to pass,
and allow funds to be used for completion of road.
Some bonds held by L. Sh. & Mich. So’n. but no in¬

(V. 22, p. 158.)
Cleveland, Columbus, Cincinnati & Indianap.—By
the annual report surplus over interest in 1875
was $500,261.
Net earnings in 1875, $884,024. Later
report V. 23, p. 232. (V. 20, p. 241; V. 21, p. 63,
253; V. 22, p. 257, 303.)
Cleveland A Mahoning Valley.—Is leased to At¬
lantic & Great Western, and interest on bonds is
paid. (V. 20, p. 85, 139; V. 23, p. 232, 403.)
Cleveland, Mount Vernon A Delaware.—Defaulted
July, 1874, and made compromise by which all the
coupons due July, 1874, and one-half of coupons
from January 1, 1875, to and including July 1, 1877,
are to he postponed to Jan. 1, 1885, and the remain¬
ing half to be paid as they mature. Gross earnings
dorsement by that company.

net, $96,667.
350.)
Pittsburgh.--Leased to Pennsylvania

1875, $428,027: expenses, $329,360;
(See report, V. 20, p. 380; V. *2, p.

Cleveland A
Railroad at 7 per cent on stock, besides expenses
and interest, and transferred to Pennsylvania Co.

Report for 1876,

V. 24, p. 63.

Cleveland, Tuscarawas Valley A Wheeling—This
was sold under a 2d mortgage, Jan. 27,1875, and

road

organized. (V. 20, p. 6?, 140, 336; V. 22, p.
Colebrookdale.—Leased to Philadelphia &
ing. No dividends paid on stock.
re




33
33
51
117
170
3 42
142
142
142
142

-

Cincinnati, Wabash A

.

.

.

1,000

1871

1,000
1,000

187?

1800

100
500

1804
1809
1874

1,000
1,000
1,000

....

50
500 Ac.
500 Ac.
500 Ac.

....

1873
1870
1870
1870
1871
•

1,000

1,000
50

•

1802
1807
1873

1,000
1,000
1,000

1,000

....

.

80
80
70
13
89
587
587
117
208
03
01
102
107
102
72

.

100 Ac.

1808
1870

1,000
50
500 Ac.

1807
1870
1872

1868

352.)

Read¬

771,000

350,000
1,072,300
2,000,000
051,000
1,200,000
14,091,002
201,000

430,000
3,000,000
2,500,000
2,750,200
030,000

500,000
1,350,000
050,000

090,004
11,243,479
1,104,844
2,701.000
1,342,000
2,000,000
584,000
1,272,000
1,020,950

1,500;000

.

821,000

666,500

,

341,400
3,092,000

3,847^000
1,000
50

1,000
50
100
100
100 Ac.
100 Ac.
100

1,000

....

ioo

1858
1871
1870

500 Ac.

1866

1,000

1808

1,000

1,000
500 Ac.

60-’72
1808
1809
1871
1871
1856
1867
1860

50
500 Ac.
500 Ac.
100 Ac.
50
100 Ac.
200 Ac.

1,000

1,000
50
50

1,000
1,000

1,000
S1A64 500 Ac.

1,000,000
1,780,200
302,000
1,500,000
350,000
2,175,500
1,350,000
130,500
400,000
400,000
216,000
2,100,000
250,000
1,000,000
3,000,000
900,000
803,500
504,000
1,777,850
101,000
80,500
81,800
600,000
500,000
1,400,000
2,000,000
20,000 p.m.
2,305,350
1,280,100
1,870,000
420,000
350,000

105,500

M.
F.
M.
J.

A
0
A
7
A
7
A
7
A. A
7
J. A
7 g. J. A
3
F. A
7
J. A
7
J. A
7
M. A
7 or 0 g. J. A
3 ia
M. A
7 g- F. A
7
M. A
7
J. A
7 g. J. A
7 g.

1%
0
7
7
7
6
8 g.
4
7

7
7
7
7
7
7
7
7
10
7
7
7
7
7
2
7
5

451,000
2,632,000
775,000
531,500
313,000
217,750

A

Hocking Valley.—Gross

Payable and by

3^2
3
7
7
3
o g.
7
4
0
7
7
0
.

(>
()
on?

8
8
0

l^
7
7
7 g.
7 g.

13a
o

7
7
7
7

earnings,

against $357,077 in 1874.
476; V. 22, p. 350.)
Co'uiribus, Chicago & Indiana Central.—On Jan.
22, 1869, it was leased by the Pittsburgh Cin. & St.
Louis, guaranteed by Pennsylvania Railroad. An

amended lease was made Feb., 1, 1870, also guar¬
anteed by Penn. RR. The amended lease guaran¬
teed interest on $15,821,000 ol first and second bonds.

made on the $5,000,000 seconds.
on 1st mort. The guarantee
April
1,
1875,
defaulted
of interest was absolute, but the Pennsylvania Rail¬
road claims that the C. C. A I. C. Co. did not fulfil
all its part.
Bondholders claim that no such failure
after bonds had been sold with the guaranty could
prejudice their rights. Suit is pending against
Pennsylvania Railroad. Interest on most of tne old
prior bonds has been taken up. Net earnings, 1875,
$606,442. (V. 20, p. 29, 61,140, 162, 241, 325, 355, 382.
426. 593; V. 21, p. 13, 347, 611, 534; V. 52, p. 352,
495, 519, 590; V. 23, p. 40, 254, 547; V. 24, p. 157.)
Columbus & Xenia.—This road is leased to the Lit¬
tle Miami Co., and both roads for 99 years to Pitts¬
burg Ginn. & St. Louis Co.; the lease is guaranteed
by Pennsylvania Railroad, and the terms are 8 per
cent on stock and interest on bonds.
Concord.—Pays 10 per cent a year; net receipts in
1875-6, $275,296. (V. 22, p. 565.)
Concord & Portsmouth.—Leased to Concord RR.
Aug., ’74, default was

$25,000 per year.
Connecticut A Passumpsic— Annual report to
June, 1876. showed net earnings for year $240,954,
against $226,875 in 1874-5. Dlv. passed since Aug.,
1875. The new mortgage of $1,500 000 will retire
previous issues. (Y. 21, p.277; V. 23, p. 301, 547.)
Connecticut Central— Leased to Connecticut Val«
ley at a rental covering interest. (V. 22, p. 209.)

Dividend.

Nov.

do
do
do

do
do
do

1, 187t>

Aug. 1, 1900

D. N. Y., Union Trust Co.
N. Y., U. 8. Trust Co.
O.
do
do
J.

Sept. 1, 187V
1, 1890
April 1, 1901
Dec.

1902

July 1, 1891
J.
Wabash, Indiana.
Feb. 1, 1876
N. Y., U. 8. Trust Co.
A.
June, ’75 to ’84<
do
do
D.
Until 1899
do
do
J.
May, 1899
do
do
N.
June 1,1914
D. Now York or London.
Nov., 1876
Cleveland Office.
N.
Aug. 1, 189S
N. Y., Ward, C. A Co.
A.
Sept., 1906
S.
Jan., 1890
J. N. Y., Unioh Trust.Co.
J. N. Y., Winslow, L. A Co. Jan. 1, 1900
Jan. 1, 1901
do
do

N. Y., Farm.
do
do
do
A J.

Q.-M.

J. A J.
M. A N.

J.

pal, When Due.
Stocks— Last

Whom.

N.
A.
8.

L. A T. Co.
do
do
do

1877

Mar. 1,

Jan., 1892

1900*

Nov. 1,
Jan. 1,

1913

Cleveland, Ohio.
June 1, 1898
J. A D.
Phila., Co.’s Office.
J. A D. Boston, Treas.’s Office. June 1, 1890
F. A A.
A. A O. N.
J. A J.

A. A 0.
Various
J. A J.
A. A O.
F. A A.
J. A J.
Various
M. A N.
J. A J.
J. A J.
F. A A.
F. A A.
F. A A.
M. A 8.

1875, 1877,590; net, $358,376,
(See annual report V. 20, p.

at

Where

10,1877
1, 1897
July 1, 1880*
Jan. 1, 1892
Feb.

Y., St. Nich.Nat. B’k

J. A J.

Colorado Central— Built mainly by Union Pacific,
which holds the bonds, $5,270,593 in all. (V. 21, p.
85; V. 22, p. 61, 567, 614; V. 23, p. 183.)
(olutnbvs

OR DIVIDENDS.

Boston, Office.

3
3

10,428^000

,

1809

Pay’ble

1,000

....

1873
1871

Cent.

100

'

,

When

7
7

1864
1865

1871

Rate pel

300,000
089,000
13,038,972

1,000
1,000

1875

Connecticut Valley—1st mortgage.
Connecticut Western—1st mortgage

Toledo depot

..

38
38

div. as Conn. A Pass.
Conn. A Pass
Central— 1st mortgage for $400,000...
bonds, guar, by

2d mortgage
3d mortgage.

•

•

45
70
55
35
41
144
110

(for $1,500,000)

mortgage (sinking

•

....

.

74,024

Connecticut
Connecticut River—Stock
1st

•

....

do

Massawippi st’k, guar, same
do

429,037

587

Ind. Central

Columbus A Xenia—Stock
1st mortgage
Concord—Stock.
Concord A Portsmouth— Stock, guaranteed
Connecticut A Passumpsic—Stock
New mortgage
Notes, coupon

$1,005,750

50

224

A Burlington)..,
Cincinnati—1st mort.

Columbus, Springfield A

•

18

Columbus A

do
do
do

$50

187L

•

Amount

Outstanding

1800
1852
1807

100

.

or

par
Value.

....

....

Niles & New Lisbon, 1st mortgage

1st
1st

Size

Date
of
Bonds

171

Cleveland—Stock.

Cincinnati, Sandusky <t

these Tables.
Bonds—Princi¬

immediate notice of any error discovered in
INTEREST

DESCRIPTION.
on

xvii

RAILROAD STOCKS AND BONDS.

24,1877.J

February

do

do
do

do

Oct.

April, 1908
N.Y., Gallatin Nat. B’k.
do

do

N. Y., A.
do

Iselin A Co.
do

N.Y., Gallatin Nat. B’k.
do
do
do
do

do
do
do
do

1893 to *95

Nov.,
Dec.,
Feb.,
Dec.,

1904
1906
1884
1883

1886 to ’90
Nov., 1904

Jan., 1882
Feb., 1890

N. Y., A. Iselin A Co.
N. Y., Union Trust Co.
Columbus Treasury.
Q.-M.
M. A 8. N. Y., Am. Exch. N. B’k
M. A N. Boston, Tower, G. A Co.
Boston.
J. A J.
Boston Office.
F. A A.
do
A. A 0.
do
Various
do
F. A A.
do
J. A J.
A. A 0.
J. A J. Boston, Bost.A Alb.RR.
M. A 8. Boston, Globe Nat. B’k.
J. A J. N. Y., Am, Exch. N. Bk.
J. A J. tfew York and Boston.
M. A 8.
Philadelphia.
M. A 8. New York, Co.’s Office.
do
do
M. A N.
Q.-J. Phila. and Carlisle, Pa.
A. A O. Phila., T. A. Biddle A Co
do
do
A. A O.
do
do
A. A O.
QM. New York and Danbury'
J. A J. New York, 84Broadw’y
Phila. Penn. RR. Co.
A. A O.
A. A O. N. Y., Farm. L. A T. Co.
A. A O. N. Y., Lond. A Frankf’t.
A. A O. Cincinnati. C. H.A D.Co.
Q.-J. N. Y., Winslow, L. A Co.
do
do
J. A J.
do
do
M. A S.
do
do
\. A O.
do
do
M. A 8.

Sept, 1,
10,
Sept. 1,
Nov. 1,
Jan. 1,
Dec.

Feb.

1901
1876
1890
1876
1877

1, 1875

April 1, 1893
July, 1881
Feb. 1, 1875
July 1, 1889
Oct., 1895
Jan. 1, 1877
Sept. 1, 1878*
Jan. 1, 1901
July 1, 1900
May 1,
Jan. 1,
April 1,
April 1,

1888
1877

1904
1908

1, 1884
Dec., 1876

Jan.

1880, ’90, ’92
Oct. 1, 1888.
April, 1909

July, 1911
Oct. 2, 1876
Jan. 3, 1877

July, 188P

Sept., 1887
Oct,, 1888

Connecticut River.—Net earnings 1S75-6, $217,780
against $257,408, 1874-5. (V. 23, p. 509.)
Connecticut \ alley.-In default and surrendered
trustee for 2d mortgage bond
holders. (V. 23, p. 40, 575, 622.)
to State Treasurer as

Connecticut Western — Net earnines 1875-6, $120,229. (V. 23, p. 5 4 7, 576, 5v8, 614; V. 24, p. 64.)

Collecting.—Leased to Philadelphia & Trenton,

operated by Pennsylvania; terms, 6 per cent bn*
$1,278,300 stock, and interest on the bonds.
Cumberland A Pennsylvania.—Owned and oper¬

and

ated by Consolidation Coal Co., which
2d mortgage. Stock $1,500,000. (V. 22,

guarantee©

415.)
Cumberland Valley.—The stock is owned in Jarg©
part by Pennsylvania Railroad Co. Net earnings,
ear
ave

ending Sept. 30, 1876, $298,101.
been mane to branch roads.

p.

Large advance©
This company

in 1572, nothing in 1873,
and declared 10 per cent,

1871, 5
paid 9 per cent in 1874,
but

resumed in

annually since.

(V. 24, p. 135.)

Danbury & Nomvalk.- -Gross earnings, 1874-75,
$167,026; expenses, $87,410; interest and tax«e,
$42,191; surplus, $37,425.
Danville Hazleton A Wilkesbarre.— Leased, March,
1872, to Penm flvania Railroad for 33 years. The
coupons due Cctober, 1874, were pnrehased by Penn¬

sylvania Railr <id.
p.

336,476,500 170.)

In default,

April, 1875. (Y. 20*

A Pekin.—This
Indianapolis Bloomington & Wcstera*

Danvdle U\ kz*a, Bloomington
a

part of the

now

in defaul t.

See I. B. & W.

Davenport A St. Paul.—Sold in foreclosure, Marche

& Northwest¬
441, 570, 612;.
V.22, p. 87, 281, 805, 515, 590; V. 28, p. 159.)
Dcvyton A Michigan.—Leased in perpetuity to Cin.
Ham. & Daytont which pays interest on bonds, and'
guarantees dividends on stock, holding itself
$1,398,100 of the common. (Y. 21, p. 613.)

2, 1876. Re-organized as Davenport
ern.
(V. 20, p. 61, 313, 593; V. 21, p.

xviii

RAILROAD STOCKS AND BONDS.

Subscribers will confer

a

great favor by giving Immediate nottee of any error discovered in
iltese Tables.

DESCRIPTION.

^

Miles
Date Size, or
For explanation of column headings, Ac., see notes
of i
of
Par
at the head of first page of tables.
Road. Bonds Value.

Dayton <£• Western—1st M., guar. L. M. & C. & X
Delaware Railroad—Stock
Extension mortgage

Mortgage bonds, convertible,

Delaware

36
13

guar. P. W. A B

110*2

<6 Bound Brook—1st
mortgage
<& Western—Stock

27
195
115

mortgage (Delaware, Lackawanna A Western)
Bonds (convertible June 1, 1875 to ’77)
Lackawanna A Bloomsb., 1st mort. (extension)..
do
do
2d mortgage
Denver Pacific—1st mortgage,
gold, land grant....
Denver <£ Rio O'ande—1st mort.., gold, sink, fd

”60
25
106
118

Des Moines dt Fort
Dodge—1st mortgage, coupon
Detroit, Eel River <C 111.—1st mort., coup, or reg
2d mortgage

88
94
94
164
23
164
59
59

Detroit. Lansing d Lake Mich.—1st
mortgage
1st mortgage, on branches
2d mortgage, on main road
Ionia & Lansing, 1st mort., coup.,
may be reg
do
2d mortgage
do
do
Detroit <C Milwaukee—1st
mortgage bonds
2d mortgage, April 28,1850
1st funded coupons, Nov. 15, 1860
2d funded coupons, Nov. 13, 1836
Bonds of Juno 30, 1866 (conditional)
sterling (Oak, & Otta. RR.) Oct. 1, 1853, gold
Dollar (Oak. & Otta, RR.) bonds, Oct, 1, 1853....
1st mort. (Detroit & Pontiac RR.),
April 1, 1851.
3d mortgage (Detroit & Pontiac RR.), Feb. 1854.
2d mortgage, (Detroit A Pontiac
RR.), Jan. 1853.
Bonds of Sept. 1, 1866, (Limit $300,000)
Bonds & mortgage on Detroit real estate
Dubuque d• Sioux City—Stock
1st mortgage, 1st division
1st mortgage, 2d division (for $1,400,000)
Dubuque Southwestci'n—1st mort., pref., sink, fd
1st mortgage, Oct. 1, 1863
Dunkirk, Mlegh.Valley d Pittsburg—1st mort., gold
Duchess & Columbia—1st mortgage
East Temiessee, Virginia d Georgia—Stock
1st mortgage sinking fund bonds
East Tenu. & Georgia ($92,000 are endorsed)
East Tennessee ana Virginia (endorsed)
2d mortgage to U. S. Government

....

190

r

143
100
43
55
55
90
58
270
242
112
130

East Pennsyivania—Stock

mortgage
Eastern (Mass.)—Stock
Essex RR. bonds, Sept. 1856
Ten Year Notes due 1885, April 1865
Bonds due 1888, March, 1868 to 1869
do
1889, May 1869

mortgage, convertible
5th mortgago, convertible
Buffalo Branch Bonds

Long Dock Co. mortgage
Sterling bonds, convertible, £1,000,000
1st consolidated mortgage, gold (for $30,000,000)
2d consolidated mortgage, 5-20, (for
$40,000,000)

459
459

till 1883

Erie d Pittsburg—Stock
1st mortgage, convertible into consolid. mort
2d mortgage, convertible
Consolidated mortgage free of State tax
Equipment bonds

Dayton A Western. - Leased

to Little Miami, and
with that to Pittsb. Cio. & St. L. About
$90,000 of
old ext. mortg. bonds of 1881, are
yet out, which
will be retired shortly.

Delaware.—Leased by Phila. Wilmington & Balti¬
for 6 per cent on stock and
bonds, but if 30
per cent of gross earnings does not pay that, the
balance is charged annually to Del. RR.

more

Delaware A Bound Brook.—This is port of the
new route between New York and
Philadelphia. (V.

32,

p.

209, 257.)

Delaware Lackawanna A Western.
The com¬
pany’s operations consist in large part of coal
mining and transportation. In a brief report, Feb.
20, ’77, net eanrnga for 1876 are given at $4,001,861,
interest and rentals $3,280,036, balance net income
$721,824. The Morris & Essex Railroad is leased
and some of its bonds guaranteed. The
following
comparison is made for six years:
Gross
Net
Stock and
Earnings.
Earnings.
Debt.
—

1875
1874

$6,281,107

1869
1870
1874
1871
1873
1871
1872
1873
1869
1870
1855
1856
1860
1863
1866
1853
1853
1851
1854
1853
1866

1,000
500 &c.

1,000
100 &c.
100 Ac.

1,000
500 Ac.

1,000
1,000

82^
81*2
8112

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

8112

2ia
7
7
7
7
7 g.
7 g.
6
8
7

500 Ac.
100 Ac.
500 Ac.

575,000
1,359,000
770,000

8
8
8
8
7
8
7
7
6 A
6
7
7
8
7
7
10
3
7
7
7
7
7
7
3
7
6
6
4
3
7
3
6
6
6
6
7
7
6
7
7
6
6

-

51,000
150,000
250,000
100,000
110,000
103,266

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

1,000

8

2,500,000
1,000,000
628,525
377,115
1,702,316
150,866

Various
Various

1870
50-’5G
1856

3,219,000

81,000

250 Ac.
500 Ac.

500
500 Ac.
500

5,000,000
296,000
586,000
81,500
450,000
3,200,000
2,500,000
1,968,274

1,000
1,000

3,009,000
862,400
147,000
190,000
1,309,200
495,900
4,997,600
194,400
160,000

1,000

*

1,000
50
100 Ac
100

0)

*

000
100 Ac.
100 Ac.
50
50

I860
1863

1,000

1847
1849
1853
1857
1858
1861
1863
1865
1870
1874
1873

1,000

1862
1865
1868

6 A 7
3
6
6
7

500,000

1863
1864
1863
1863
1870
1868

959

4th

(debentures) convertible

1856
1872
1859
1858

Rate per
Cent.

$614,000
1,388,023
100,000
650,000
1,120,000
26,200,000
1,633,000
600,000
370,900
209,000
2,457,000
3,024,500
2,200,000
2,064,000

”*50

1856
1865
’68-’69
1869
1872
1873
’73-’74
1874
1876
1860
1866

39
39
78
78
78

Preferred stock (7 p. c. y’rly, not cumulative)
1st mortgage (extended in 1867 to 1897)
2d mortgage, convertible (extended to
1879)
3d mortgage

New bonds

1875

1858

sinking fund

Erie Railway—Stock,common

$1,000

*ioo

Ten Year Notes

2d mortgage, convertible
Elmira & Williamsport—Stock common
Preferred stock
1st mortgage bonds
Income bonds, 999 years to run

Outstanding.

100

36
114

Funding Notes
Mortgage funding bonds
Eastern Snore, (Md.)—1st mortgage, convertible

INTEREST OR DIVIDENDS.
Amount

50
1859
1875

*36

1st

Bonds
do
sterling,

1865

llO^a

Delaware, Lackawanna
2d

[February 24, 1877.

500
100
100

1,000
1,000
1,000
500 Ac.
100 Ac.
1.000
£200

1,000
1,000
1,000
50
100 Ac.
100 Ac

1,000

11,628,097
400,000
200,000
500,000
500,000
1,000,000
570,000
78,000,000
8,536,910
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,600
3,000,000
4,457,714
12,076,000
14,400,000
10,000,000
1,998,400
291.700
92,300
2,193,000

800,000

7

g.

g.

Whom.

g.
g.

7
5
1

3^2

g.
g.
g.
g.

1%
7
7
7
7

(V. 22, p. 305.)

Detroit Lansing A Lake Michigan.—The report

for 1875 is given
briefly in the Chronicle, Vol.
22, on p. 399, showing gross earnings of $739,704,

net, $210,896. Coupons on 1st mort. paid half in cash
and half in pref. stock; coupons or I. & L. bonds
paid in cash. Sold in foreclosure December 14, 1876.
(V. 22, p. 446; V. 23, p. 599.)

Detroit A Milwaukee— This road was operated by
the
Great Western of Canada, but defaulted
in 1873. and is to be sold in foreclosure. Of
the bonds of June, 1866, $1,238,000 are in the
hands of the Merchants’ Bank of Canada, redeem¬
able $100,000 per year. The Detroit A Pontiac inter¬
est has been paia in whole or in part.
(V. 22, p.

110, 209, 281, 399; V. 23, p. 86; V. 24, p. 39, 111,
156.)

Dubuque A Sioux City.—Leased to Illinois Cen¬

tral, in 1867, for 20 years, at 85 per cent of gross earn¬
ings first ten years, and 36 afterwards. In 1875 gross

$4,459,923
$32,643,185 earnings were $1,194,268.
5,347,725
3,244,633
36.535,237
6,248,465
Dubuque Southwestern— Farley to Cedar Rapids,
3,369,813
35,775,769
4,746,678
2,709.509
29,683,545 la.—Gross earnings, 1874, $117,107—$5,8.0 below
3,35 ,484
1,549,723
25,922,768 1873.
1870....
4,106,222
1,240,513
24,766,850
Dunkirk Allegh. Valley A Pittsburg.— A consoli¬
—<V. 22, p. 232; V. 23; p. 1 3, 303.)
dation, Dec. 1, 1872. Stock, $2,300,000. Road leased
Denver Fatyic—Operated in close connection with and bonds
mostly held by New York Central &
Kansas Pacific. Land grant, 1,100,000 acres.
In Hudson.
1874 gross earnings were $310,911; net
earnings,
Duchess & Columbia.—Sold in foreclosure.
$172,049; total 'income was $242,287, and interest
Aug.
payments, $136,662. Cost of road and equipment, 10, 1876, for $297,500, to first mortgage bondholders.
(V.
20,
p.
V.
15;
22,
p.
321;
V.
23,
p.
159,183,256,450.
$6,494,398. (V. 20, p. 569.)
Denver A Rio
Grande.—Narrow-guage road (three
The whole Une as projected is 875 miles.
Divides competitive earnings with Kansas Pacific
and Atch. Top. & S F. (V. 23, p. 329, 450.)
feet).

Des Moines A Fort Dodge.—Tics is part of the
Des Moines Valley, reorganized after foreclosure.
Coupon of Jan., 1677, are funded. (V. 21, p. 483.)




East Tennessee

ings

Virginia A Georgia.—Gross

earn¬

year ending June 30, 1876. were $1,058,951; ex¬
penses, $715,394, and net earnings, $343,559. Annual
report, V. 23, p. 402.

East

Pennsylvania.—Leased to Philadelphia &
Reading at 7 per cent on stock and bonds. Divi¬

dends

are

6 per cent per annum.

Jan.
Jan.
Jan.

Detroit office.

1905

July 20, 1876
March 1,1881
June, 1892
Maroh, 1885
April 15,1880
May 1, 1899
Nov. 1, 1900
Jan. 1, 1904
.

A
A
A
A
A
A
A
A
A
A
A

O. N.Y\,M.K.Jesup,P.A Co.
J.
do
do
J.
do
do
J. N.Y'.,M.K.Jesup,P.A Co.
O.
do
do
D. iN.Y., N.Y. Cent. A Hud.
J. N.Y., Brown Bros. A Co.
O. N. Y., R. T. Wilson A Co.
J. N. Y., Gallatin Nat’l B’k
J. N. Y„ R. T. Wilson A Co.
N.
do
do

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

A
A
A
A
A
A
A
A

* J. Pliila., by P. A

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

•

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

•

R. RR.

Phila., P. A R. office.
Boston, Co.’s Office.
do
do
do
do
do
do

•

June 1,

1891
1, 1888
April 1, 1896
Dec. 1, 1897
Feb. 1, 1893
July 1, 1889
May 1, 1880
Nov. 1, 1880
May 15, 1875
Feb.

May 15, 1875
May, 1875

July 1, 1886
Nov. 15,1873
Nov. 15,1873

April 1, 1878
Feb. 15,1886
Jan. 1, 1878
Sept., 1 1886
Various.
Oct. 15, 1876
1883
1894

*

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

do

do

1, 1905
1, 1877
1, 1880

July 1, 1895

.

July, 1883
Oot., 1883
June, 1900
Jan. 1, 1908
April 1, 1876
July 1, 1900
1880 to 1886

May 1, 1886
Jan. 18, 1877
Mar. 1, 1888

July 15,1873
Sept., 1876

April, 1885

do

Mar., 1888

do
do

May. 1889
1882
1892

do

A
A
A
A
A
A
A
A
A

S.
London, Baring Bros.
Mar. 1, 1893
N.
New York Agency.
Nov. 1, 1884
S.
Boston.
1906
J. Phila., Girard Nat. B’k. Jan.
1, 1880
0.
do
do
Apl. 1, 1886
N. Phila., Penn. R. R. Co.
Nov., 1876
J.
do
do
Jan., 1877
J. Phila., Penn. Trust Co. Jan.
1, 1880
0. Phila., Penn. R. R. Co.
Oct. 1, 2862
N. Y., Co.’s office.
Oct. 1, 1873
J. A J.
do
do
Oct. 1, 1873
M. A N.
do
do
May 1, 1897
M. A 8.
do
do
Sept. 1, 1879
M. A S.
do
do
Mar. 1, 1883
A. A O.
do
do
Oct. 1, 1880
J. A D.
do
do
June 1, 1888
J. A J.
uo
do
July 1, 1891
J. A D.
do
do
Jan., 1893
M. A 8.
London.
Sept. 1, 1875
M. A 8. New York and London.
Sept. 1, 1920
J. A D.
London.
Mar. 2, 1894
do
Q.-J.
Jan. 1, 1903
Q.-M. N. Y., Union Trust Co. Dec. 10,1876
J. A J.
do
do
July 1, 1882
A. A O.
do
do
April 1, 1890
do
do
|J. A J.
July 1, 1898
IA. A O.
do
do
Oct. 1, 1890

Eastern

(Mass.). —Company embarrassed

1875.

At request of bondholders, a
general mortgage
was
authorized by Massachusetts Legislature to
fund the old issues of debt. To
February, 1877,
certificates had been issued for $11,628,067. Fund¬

ing proposal V. 21, p. 612. (V. 23,
159, 427, 621; V. 24, p. 157.)
Eastern
ated
ons

p.

15, 63, 86, 134,

Shore.—Formerly leased, but

now oper¬

account since December. 1869.
for $216,000 overdue. (V* 22.
p. 297.)
on own

Coup-*

Elmira A Williamsport—Leased in 1863 to North¬
Central for 999 years. Rent amounts to
$165,000

ern

per year.

Erie.—Mr. H. J. Jewett, the pres’dent, was
ap¬
pointed receiver May 26. Negotiations for settlement
with bondholders pending, and assessments on

stock are payable till March 1, 1877, but after that
10 per cent is added.
Interest on the first five
mortgages is paid. Foreclosure suits were com¬
menced under the fifth and consolidated
mortgages,
hut overdue interest on fifth
mortgage was paid.
The following comparison for four years ia from the

company’s renort to New York State Engineer for
the years ending Sept. 30 :

.........

r

Dividend.

J. A J. N. Y., Am. Exch. N. B’k
J. A J.
Dover, Co.’s Office.
J. A J. Phila.,Girard Nat. Bank
J. A J. Phil., Fid’lity I.T. A.S.Co
F. A A.
Philadelphia.
New York Office.
Q.—J.
M. A S.
do
do
J. A D.
do
do
M. A 8.
do
do
A. A O.
do
do
M. A N. N. Y., Bk. of Commerce.
M. A N. N. Y., Rutten A Bonn.
J. A J.
New Yerk.
J. A J. N. Y., Mercantile Bank.
M. A N.
do
do
A. A O.
Boston, Co.’s offico.
J. A IX
do
do
F. A A.
do
do
J. A J.
do
do
M. A N.
do
do
M. A N. N.Y.,M.K.Jesup,P.ACo.
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

•

Detivit Eel River A Illinois.—To be sold in fore¬

closure.

When

‘Payable

Various

2*2
3*2

7
7
7
7
7
7
7
6
7
7
7

Bonds—Princi¬
pal, When Due
Where Payable, and by
Stocks—Last

1875-6
1874-5

Gross

Net

Earnings.

Earnings.

Interest,
Rentals, Ac.
*
$5,538,194
6,351,781
5,021,025
3,425,280

$15,852,461
$3,621,260
16,876,858
4.197,728
18,598,899
5,035,161
1872-3
20, "12,6*7
6 371,965
1871-2
' 18,371,888
5,777,38 1
2,089,445
(V. 22, p. 41, 42, 158, 233, 281, 305. 375, 423. 447, 487,
521, 545, 590; V. 23. p. 15, 63. 1^4 134. 183, 207, 233,
353, 450. 478, 499, 615, 621, 646; V. 24, n. 16, 29,
89.)
1873-4

Erie A Pittsburg.—Leased in perpetuity to the
Pennsylvania Railroad and transferred to Penn. C6.;

the terms
and debt.

425.)

guarantee 7
Net

per cent per annum on stock

earniDgs, 1875, $226,787.

V. 20, p.

RAILROAD STOCKS AND BONDS.

February 24, 1877.]
Subscribers will conifer

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

a

DESCRIPTION.
For

Miles

of
see notes
at the head of first page of tables.
Rood

explanation of column headings, &c.,

Europ’n <£ N.A m— 1st M., Bang’r to Winn.,Bang’r l’n
laud grant 1st mort. (2d mort. Bangor to Winn.).
Bangor & Piscataquis, Bangor loan, 1st mortg...
1st mortgage, sterling, on N. Brunswick road
Evansv. A Crawford sv.—1st m., Ev. & Ill., s. f
1st mort., sinking fund (Evansville to Terre H,)..
Rockville extension

Evanvillc, Terre Haute A Chic.—1st mort., gold.
2d mortgage, gold
Fitclib urg—Stock

Bonds,

($4,000,000 authorized)
Flint A Pere Marquette—Stock
Consolidated mortgage, sinking fund
1st m. on 20m., 2d on 40; 1. gr. 153,600 ae., 2d d.
1st mort., land grant 358,000 acres, 3d div.......
Flint & Holly RR. (sink’g fund $25,000 per year).
Bay City, E. Saginaw, 1st mort., guar by lessees.
Bay County, issued in aid, guar by lessees

of
s

)
)
)
7
J
t
)
)

56

49
88
51
109
23
50
50
94

1874
233
233
00
190
17
13

$1,000

$1,000,000

mortgage, gold

|

Grand Rapids A Indiana—Stock
1st mort., land grant, gold (guar, by Pa. RR)
1st mort., land grant, gold, not guaranteed

500 (fee.

1,000
10
100
100
109
109
26
82
50
35

500 (fee.
500 &c.
100 (fee.

1,000
1871
1869
1871
1871
1873
1872
1870

232

335

335
335

Income mortgage bonds, for $10,000,000
Grand Trunk (Canada)—Consolidated stock
1,377
New stock for £10,000,000
Debenture stock for £8,000,000 (act of 1874)....
Canadian debentures
Equipment mort., 1st on all rolling stock
do
2d
do
do
Postal bonds, &c., secured by gov’t business...
lstpref. bonds, conv. into 1st pref. stock
2d
2d
is
do
do
3d
do
conv
Great Western (Canada)—Common stock
4953i
350
Preferred 5 per cent, convertible into common...
350
Debentures
350
Mortgage bonds, coupon
350
do
do
350
do
do
145
New bonds, coupon
143
Greenville & Columbia—1st mort.,guar.by State . .
Bonds not guaranteed
i*43
New mortgage (for $2,500,000)
69
43
43
275
275

Gulf, Western Texas & Pacific—1st mortgage
Naples—1st mortgage—
mortgage

Hannibal A St. Joseph—Common stock
Preferred stock (7 p. c. yearly, not ciunulative)..
Missouri State loan

15
53
54
54

(Quincy & Palmyra RR)

(Kansas City & Cam. RR.)
Harrisb., Portsni th, Mt. Joy A Lane.—Stock
1st mortgage
Harlf, Pi'ov. A Fishkill—1st more. (R. I.)
1st mort. (Conn.)
2d mortgage
Bonds of 1869
Bonds of 1873

European A

North American.

r

—

Defaulted in

complete statement of debt, includ¬
ing bonds pledged for loans, in V. 21, p. 315. Inter¬
est is paid on 1st mortgage and Bangor & P. (V. 20,
p 615; V. 21, n. 15, 277, 315, 318. 395, 418; V. 21, p.
374; V. 23, p. 63, 256, 329, 353, 547.)
Evansville A Craw/ordsvUle— Common stock is
*1,044,400; preferred, $100,000. Net earnings 1875-6,
$159,162. The company has paid interest regularly,
hut no dividends. (V. 21, p. 488; V. 23, p. 499.)
Evansville, Terre Haute A Chicago—In 1874-5net
1875.

-

A very

earnings were $114,089. (V. 21, p. 136.)
Fitchburg— Leases Vermont & Massachusetts.
Net ineome, 1875-6, $529,616; dividends, 8 per cent
for some years. (V. 21, p. 39, 590; V. 23, p. 548.)
Mint A Pere Marquette— Gross earnings 1875,
$1,055,053; net earnings, $.358,498. The lands are in
five trust; sales in 1875, 7,430 acres, for $84,638;
total to Jan. 1, 1876 262,099 acres, for $2,143,961;
lands yet unsold, 248,502 acres. Coupors on consol,
bonds ptrssed Nov., 1875, and part were funded. (V.
30, > 498, 593; V. 21, p. 488, 534; V. 2i, p. 668;
V. 23, p. 159.)
Flushing, Northshore A Central.—A. consolidation
in 1874 of seven companies. Operates Southern of L.
I. There are, in addition to above, $25,000 N. Y.
& Flushing RR. 7s; $149,000 North Shore 7s; and

1,000
1,000
100 (fee.
100

1869
1869

1,000
1,000

....

....

1875
1873

....

£25
£100

1875

....

....

....

....

....

....

....

....

£2012
£100
•

•

•

•

£100
£100
£100
£100

Various
1876
1868
1870

•

•

•

2,145,000
400,500
100,000
75,000

8
10

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

280,480
1,000.000

800,000
400,000
1,000,000
200,000
300,000
1,500,000
500,000
1,800,000
500,000
500,000
1,700,000
1,493,000
600,000
4,200,000
544,500
2,000,000
1,000,000
2,800,000
4,000,000
4,000,000
(?)
£3,486,787
7,500,000
1,060,000
3,111,500
500,000
500,000
1,200,000
3,218,149
2,327,808
7,166,910
£4,459,309
288,883
1,998,275
127,000
485,000
62,000
1,000.000
1,413,071
632,237

7
7
7 g7
3

10

10
8
8
7

7
7
7
7
8
8
7 £•
8
7
6 g.

I g*

le■
7

Z*8 g.

“7*g.
7 g.

C g
6 g.
nous

g£
a

4

g
g.

1*4
2k5
5
6

5H»
5kj
6

&
&
&
&
&
&
&
&
&
<fe
&
&
&
&
&

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

Boston.
New York.

Boston, Second N. Bank
London.

N.Y.,Farm,L’an & T.Co
do
do

do
do

N.Y.,Fanil.L’an & T.Co
do

N.

Y., Meehan. Nat. B’k
do
do

do
do

Newark, N. J., Sav. Ins
New York,
do

1889
1899
1899
April
1897
July
Jan.
1887
Nov.
1887
Aug. 1, 1880
May 1, 1900

1, 1877
April 1, 1894

May,

Jan.

Sept.
May
July
Sept.
Jan.
Jan.

N.Y., Chatham Nat. Bk

May

do
do
do
N.
N.

do
do
do

Y., St, Nioh. Nat. B’k
Y., Farm’s. L.&T. Co
do
do

.

Oct., 1881
Oct., 1889

April, 1896
1891
1910

July 1, 1902
July 1, 1890
Jan.

15, 1877

yearly to 1890
Sept., 1900
Jan., 1892
1899
1899

do

& O London, at Co.’s Office
do
do
do
do
do
do
do
do
do
do
London & Montreal,
& O
& O.
do
do
& J. London Joint Stock B’k.
do
<fe J
do
do
do
& O.
& o.
do
do
do
do
& D.
do

1902
1887
1888
1888
1882
1887
187G
1901
1889

May 1, 1908
July 1, 1900
July 1, 1889

Y., Winslow, L. & Co
do

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

Mar. 1, 1902

do

Boston, Office,

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

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

Jan.

Y., Mecli., Nat. Bank

N.

F. & A.
Bost. & London.
J. & J. N. Y.,F. P. James & Co
J. & J. N. Y., Metrop. Nat. B’k
J. & J. Augusta, Ga., RR. Bank
J. & J.
do
do
M. <fc S. New York and London
J. & J.

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

Jan.
Mar.

do

do

Boston Office,

Columbia, Co.’s Office,

1,386,000
675,000
225,000
9,167,700
5,087,224
3,000,000

1,000
1,000

1,000

159,000

4,000,000

....

500,000

....

1867
50
500 &c.
100
100
....

....

1

1

1,200,000
1,182,550
700,000
481,000
1,574,000
820,000
1,180,000
100,000
100,000

7 g.

7
7

April, 1877
Jan., 1920
Perpetual.
Irredeemable.
Irredeemable.
Irredeemable.

April, 1874
April, 1874

Perpetual.
July, 1876
Oct., 1877
Oct., 1878
Dec., 1890
1881 to 1886

do
Jan. 1, 1908
Nov. 1, 1888

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

July, 1890

*7*
6
7
8
3
10

3*2
6
7
7

J.
A.
M.
F.
•T.
I.
J.
J.
J.

&
&
&
&
&
&
&
&
&

J. N. Y., B’k. No. America,
do
do
O.
do
do
S.
do
do
A.
do
do
J.
J.
Pliila., Co.’s Office,
do
do
J.
J. Hartford, Am. Nat. B’k.
do
do
J.

Q.-.T.

\ & A.

Galveston, Harrisburg A Sa>i Antonio.—Net earn
(V. 22, p. 375; V. 23, p. 428; V

ings 1876, $ 109,416.
24, p. 135-):

Galveston, Houston A Henderson.—"Net earnings
1874, $255,375. (V. 22, p. 375 )
Geneva, Ithaca A Sayre.—Sold Sept. 2, 1876, and
re-organized, this mort. being the old I. & A. mort.
(See V. 23, p. 256, 304, 451; V. 24, p. 110.)
Georgia Railroad A Banking Company.—The an¬
nual report for the last fiscal year, ending April 1,
1876, was published in V. 22, p. 469. A com¬
parative statement for three years was as follows:
1873-4.
1875-6.
1874-5*

earng’s... $1,571,785 $1,281,907 $1,194,324
887,456
826,097
641,677
Net earnings
455,809
684,334
552,646
In May, 1875, this company, with the Central Georgia,
purchased at foreclosure sale the Western Railroad
of Alabama. (V. 19, p. 247; V. 21, p. 395.)
Gilman, Clinton A Springfield.— This company
defaulted in 1874, and was sold June 8, 1876. (V.
21. p. 39, 63, 110; V. 22, p. 375, 614; V. 23, p. 86,
Tot. gr.

Operat'g expenses.

428-)

Grand Rapids A Indiana.—An official description
of bonds was given when they were put on
the call of
the New York York Stock Ex¬

change, in January, 1875, as follows: $4,000,000
are “Guaranteed Bonds.”
Principal and interest
(V. 20, p. guaranteed by the Pennsylvania Railroad Com¬
382)
pany, and are also a lien upon the land grant.
Fonda, Johnstown & Gloversville.—Net earnings No. 1 to 4,0 ,0.
$3,020,000 are “ Unguaranteed

1872-3, $45,957.
which
secured by
the same
Bonds.”
are
Fort Wayne, Jackson A Saginaw.—Traffic guaran¬ mortgage as the guaranteed bonds on the en
tee 40 per cent from Michigan Central. Interest was tire land grant. $980,000 are “Ex. Land Grant
passed January, 1874. Gross earnings, 1874, $282,882; Bonds,” being a part of the orignal $4,000,000 nnnet, $127,309. (V. 19, p. 365; V. 20, p. 591; V. 22,
een redeemed by the operations of the sinking
p. 352.)
Fort Wayne, Muncie
A Cincinnati— Receiver fund. When the land certificate is detached they
appointed November, 1874. (V. 20, p. 186; V. 23, p. are no longer a lien on the land, but, by the terms of
the trust deed, remain a fi st mortgage on the whole
396.)
Framingham A Lowell.—Leased to Boston. Clin¬ line and appurtenances. No. 4,001 to 8,000. Cou¬
ton & Fitchburg; has also $150,000 8 per cent bonds. pons April and October. Annual report, V. 21, p,
510. (V. 21, p. 110, 534.)
(V. 16, p. 188.)

fuaranteed bonds, which have from time to time

Aug., 1870
1884-1887

April 1, 1881
Mar., 1885

Jan., 1892
Jan., 1886

1, 1877
July 1, 1S83

Jan.
Jan.
Jan.

1, 1876
1, 1876

Bridgeport & Boston. Jan. 10,1877
1885
Bridgeport and Boston,
do

150,000

$93,000 Whitestone & Westchester 7s.




J
.8
O.
J.
J.
N.
A
N.
J
J.
O.

•

100
100

1853
26*2 1853
95 jq 1850-2
120
120
74
1869
1873

Housatonic—Stock
Preferred stock

....

1,000

1853-7
1863
1870

..

Band grant mortgage
Bonds 1870, convertible

.

1870
1872

.

Hannibal A

...

1,000
1,000

....

110
110
335

M. & N N.Y., Merch’nts’Ex.B’k

*2?

&
&
&
&
&
&
&
&
&
&
&

Stocks—Last
Dividend,

Whom.

8

500,000
3,298,200

I» 6

Bonds—Princi¬

pal, When Due.

Payable, and by

7

1,000

1,000

Where

33,000

4,000,000

5(H) (fee.
500 &c.
500

Payable

2,924,000

100

1,000
1,000

When

Cent.

7

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

500 Ac
£200

Rato per

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

2,000,000
814,000
2,000,000
301,000
616,000
145,500
775,000
325,000

100

65
58

Amount

Outstanding

....

Holly, Wayne <fc Monroe, 1st mort., sinking fund.
Flushing, Northshore A Cent.—1st mort. (FI. &N. S.).
2d mortgage (FI. & N. S.)
Central of L. I., 1st mortgage
do
do
Extension 1st mortgage
Fonda, Johnstown A Gloversvillc—1st mortgage
Fort Wayne, Jac/cson A Saginaw—1st mort., coup...
2d mort. and equipment bonds, coupon
Fort Wayne, Muncie A Cincinnati—1st mort.,gold...
2d mortgage
Framingham A Lowell— 1st mortgage bonds
OalvesUm, Hari'isb.A San Antonio—1st mort, gold...
Galveston, Houston A Hend. of 1871—1st mort
Geneva, Ithaca A Sayre—1st mort., s. f., gold
Georgia Railroad A Banking Go—Stock
Bonds, not mortgage
Gilman, Clinton A Springfield—1st mort., gold
i

1st mortgage
1st mortgage

or

Par
Value.

Construction bonds

2d

INTEREST OR DIVIDENDS.

Size,

b

58

coupons

•

2d

xix

Grand Trunk

do

1889
1883

{Canada).—These figures represent

Sounds
sterling.
Grossexpenses,
earnings £733,918;
in half yearnetending
earn¬
nly 1,1876,
£936,359;
ings, £202,411. (V. 21, p. 440; V. 22, p. 445;
23, p. 134, 159, 477, 548.)

V-

Great Western (Canada).—These figures are given
in pounds sterling. Company operates several roads
in Canada, amounting to 156,# miles, and the Det.
& Milwaukee, 189 miles. For the half year ending

July 3!, 1876, the gross receipts were £394,769;
working expenses, £290,647; net earnings, £104.122..
Report in V. 23, p. 428. (V. 22, p. 446; V. 23, jv
134, 159, 379, 426.)
Greenville A Columbia.—This company defaulted
several years since, but compromised with its bond¬
holders.
(See Chronicle, V. 16, p. 220; V. 17, p.

460, 752; V. 20, p. 668; V. 22, p. 110.)
Gulf, Western Texas A Pacific.—Net earnings,
1874-5, $50,000. Overdue coupons, $212,550. (V. 20,

428; V. 23, p. 256, 353.)
Hannibal & Navies.—This road formerly leased
to Tol. Wab. & West.; is noticed for sale in fore¬
closure. May 22, 1877. (V. 24, p. 136.)
Hannibal & St. Joseph.—Of the Missouri State loan
$1,500,000 was extended for 20 years. It is stated
p.

that the company has nearly $3,000,000 in land notes,
and about 100,000 acres yet unsold. A change in the
directors took place Nov., 1875. No report has been
issued since 1872. (V. 21, p. 442, 488; V. 22, p. 158,
328; V. 23, p. 112. 478; V. 24, p. 40.)

Harrisburg Portsmouth Mount Joy A Lancaster.—
Pennsylvania Railroad, which owns a
majority of the stock.
Hartford, Providence A Fishkill.—This road form*
a part of the proposed line of the N. Y. & New
England Railroad. The bonds fell due Jan.. 1876,.
hut citv of Providence declined payment and suit
is pending. (V. 22, p. 87, 304; V. 24, p. 156.)
Leased to

Housatonic.—Leases Berkshire Railroad, Stockbridge & Pittsfield, and West Stockbridge. Grog*
earnings in 1874-5 were $0S2,OO9; net, $222,173. Th#
mort. bonds due 1877 paid off Nov., ’75.
(V* 22, p.

232.)

RAILROAD STOOK8 AND BONDS.

XX

[February 24,1877.

Subscribers will confer a great favor by giving Immediate notice of any error discovered in these Tables*
DESCRIPTION.

Date
of
of
Road. ’Bonds

Miles]

For explanation of column headings, Ac., see notes
at the head of first page of tables.

Houston A Texas Cent.—1st M., (main) gold, l.gr .,R.f.
1st mort., West div. (Hempstead to Austirt)
1st M., gold. Waco A N’west (Bremond to Waco)
Consol, mort., 1. gr. (coupon, but may be reg’d)...
Huntingdon A Broad Top—1st mort., gold

343
118
47
461

.

—

2d mortgage, gold
T
3d mortgage .consolidated

58

.7

58
58

“Scrip for past due coupons
Illinois Central^-Stock
Redemption, 1st and 2d series
“'General mortgage, sterling
-Sterling bonds, (sinking fund $100,000 jearly)...
Mortgage, sterling
Indianapolis, Bloomington A West.—1st mort., gold.
2d mortgage
Ind., Bloom., & W., Extension, 1st mort., gold

202
202
217
85

Indian'polis Dec. A Spr.—1st M., gld (for $1,800,000)
2d mort.,

(income bonds only till July, 1881)
Indianapolis, Cincinnati A Lafayette—Stock..
Preferred stock (issued for funded debt bonds)...
Indianapolis & Cincinnati of 1858
Indianapolis, Cincinnati A Lafa3rette

....

90
151
179

Equipment bonds, registered

20
20
71
71

....

Indianapolis A St Louis—1st mort.,

m 3 scries
mortgage
Equipment bonds
Indianapolis A Vincennes— 1st mortgage, guar
2d mortgage, guaranteed

2d

International

1851
1864
1875

ioo

1875
1869
1870
1872
1876
1876

1875

Eundtd interest bonds, coupon

Cincinnati A Indiana, 1st mortgage
do
do
2d mortgage, guaranteed

$1,000

«...

do

do

117
117
459
204
255

A Great Northern—Consol, stock

international, 1st mortgage, gold
Houston & Great Northern, 1st mortgage, gold...
.Int. & H. A G. N. convertible bonds
do
do
2d mort., (exch’blc for convert.)
■Iowa Falls A Sioux City—Stock
1st mortgage, April 1, ’69
Iron Mountain, Chester A A’.—1st mortgage, gold—

1858
1867
1869
1873
1873
1862
1867
1869
1870
1871

mortgage
Junction, Philadelphia— 1st mortgage.
2d mortgage
Kansas Ciiy, St. Joseph A. Council duff's—Stock
.

vear

1,383,000

500 Ac.
.£200
£200
£200

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

b’d
£ X
r P
s t->
'

Zj

50
100
500 Ac.

5,587,150
1,419,400
3,600,000
2,800,000
1,767,000
446,300
353,000

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

56 ig

33ig
34
99
99
162

Kentucky Central—2d mortgage
3d mortgage
Keokuk A 'Des Moines— 1st mortgage

Funded interest bonds
Knox A Lincoln— 1st mortgage
Jjafayette Bloomington A Miss.—1st mortgage.
Lafayette Mtincie A Bloomington—1st mortgage

1,000

1,700,000
1,450,000

Rato per

When

Cent.

Pay’ble

7g.
7
7
8
7
7
7

ggg.
g-

6 A 7
2
6
6
5
5
7
8
7
7
7

g.
gg.
gg.
g.

$3,162,513; net earnings, $1,277,321. Interest
charge, $350,003. Capital paid in, $8,000,000. (V.
M, p. 328; V. 23, p. 158; V. 24, p. 04.)
Huntingdon A Broad Top. -Capital stock is $1,098,“J50. Gross earnings in 1875 were $322,829; net,
$165,480. Interest passed on 3d mortgage bonds.
<V. 22, p. 206.)
Illinois Central.—A general
mortgage provides for
all the bonds now
outstanding. It is limited to
$15,000,000. The Company holds among its assets,
$4,842,000 seven per cent bonds of the N. O. St.
Louis <fc

Chicago RR. These Bonds

are part of
purchasing agreement of
$200,000 per year, but are not guaranteed by the Ill.

$6,000,000 which bear

a

7,900,721
2,775,302
8.263.325
2,530,899
<V. 22, p. 16, 256; V. 23, p. 451, 525; V.
134, 158.)
1873

413,610
559,437
24, p. Ill,

Indianapolis, Bloomington A Western—Default was

’first made July. 1874, and affairs are yet unsettled.
Receiver’s certificates issued to Aug. 1, ’75, $2'),\000.
'The Danville, Urbana, Bloomington & Pekin is part
of this road. Plau of ie-organization, V. 22. p. 110.

Receiver's report for 1876, V. 24, p. 156.

(V. 22,

p.

16, 61, 110, 257, 375; V. 21, p. 01, 112. 418.)

Indianapolis, Cincinnati & Lafayette.—The com¬
pany defaulted July, 1876, and Mrlngalls, President,
was appointed receiver.
Gross earnings, 1875-6,
$1/37,061; net, $717,697. (V. 21. p. 207, 277,461,
465; Y. 22, p. 237; V. 21, p. 112, 135, 183, 377.)

Indianapolis, Decatur A Springfield—This

braces the former Indiana & Illinois Central.
*econd
is
to

mortgage

issued

em¬
The

holders of old I.& I.C.

'firsts, and till July, 1831, Interest is payable out of




J. N. Y., Nat’l. City Bank.
J.
do
do
J.
do
do
O.
do
do
O.
Philadelphia, Office.
A.
do
do
0.
do
do
do
do
A.
N. Y., Co.’s Office.
O.
N. Y., Co.’s Office.
O.
London.
O. London,Morton R.A Co.
I>.
do
do
New York.
O.
do
J.
do
J.
O. New York, Co.’s Office.
J.
do
do

July 1, 1801
July 1, 1891
July 1, 1903
Oct. 1, 1912
Oct.
Feb.

1, 1890

1, 1895
April 1, 1895

-

A
A
A
A
A
A
A
A
A
A

Feb!' l/ 1877
April 1, 1890
April 1, 1895
April 1, 1903
1, 1905
Oot., 1909

Dee.

Oot., 1890
1912

1, 1906
July 1, 1906
Jan.

....

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

O. N. Y., Amer. Ex. Bank.
A.
do
do
D.
do
do
S.
do
do
8.
do
do
D.
do
do
J. New York and Boston.
Various N. Y., Winslow, L. A Co.
A. A O.
do
do
J. A J.
do
do
F. A A. N. Y., Farm. L. A T. Co.
M. A N.
do
do

7
7
7
7
10
7
7
7
7
8
7
6

3 870

1867

1,000

1869

1,000

1862
1866
1870
1873
1872

100
500 Ac.

1,000
1,000

1,000
1,000

1866
1867
1869
1868
1870
1873
1871-2

100

2 789 413

1,000
1,000

500,000
1,400,000
539,500
2,500,000
887,000
948,000
305,000
10,000,000
6,404,000
2,240,000
4,063,000
6,303,000

500 Ac.

1,000
1,000
100

I860
1865
1866
1865-7

1,000
1,000
1,000

1866

1,000

1866
1870
1871
1873
1873
1869
1853
1855
1874
1874

100 Ac.
250 Ac.

1871
1871

3,264,000
4,084,000
3,116,000
1,843,000
4,625,000
2,960,000
660,000
4,000,000
300,000
2,000,000
1,994,500
397,000
2,439,000
2,000,000
250,000
300,000
800,000
500,000
300,000

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

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

1,000
1,000

•

7 g.
7 g8
8
1

A
A
A
A
A
A
A

•

April, 1888
Feb., 1897
June, 1899
Sept. ’78/80/83

Sept. 1, 1883

Dec., 1892
Jan.’82,'87,’92

July 1, 1919
Oct, 1, 1900
July 1, 1881
'

1*4
7
7
7
7 g.
7
8
6
6
7
10
8
7 A 7 g.
8
8
10

600,000
400,000
844,000
237,000
2,300,000
258,720

7
6
6
6
7
7
7
7
7
7
6
7
7
7
8

2,395,000
1,300,000
666,000

7 g.
7 g.

600,000

4,275,350
1,706,250
1,500,000
1,125,000

A.
J.
F.
F.

A
A
A
A

0. N. Y., National City
J.
do
do
A.
do
do
A.
do
do

1908
1900

B’k April 1, 1911

1, 1900
Aug. 1, 1892
Feb., 1904
Dec. 1, 1876

Jan.

Q—M.

7
7 g.
8
7
7

g.
g.

g.

A.
M.
J.
J.
J.

April 1, 1899

A
A
A
A
A

O. N. Y., Nat. Park Bank.
N.
J.
New York.
J. Honesdale Nat. Bank.
J. N. Y., by Erie Railroad.
Q.-F. N. Y., Farm. L. A T. Co.
M. A N.
do
do
A. A O.
do
do
J. A J.
do
do
%
J. A J.
M. A N.
New York.
J. A J. N. Y., Farm. L. A T. Co.
J. A J.
Philadelphia Office.
A. A 0.
do
do

May. 1901

1900
1887 A 1889
Jan. 1, 1889
Nov.

1913

..........

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

A
A
A
A
A
A

J. New York and
8.
do
D.
do
A. N. Y., Farm. L.
S.
do
A.
Boston.

M. A N. N. Y., Loud.
F. A A. N. Y., Bk of
J. A D.
do

gggg-

only, if sufficient. The remaining 67
Indianapolis is in progress.
Indianapolis & St. Louis.—The stock, $600,000, is
owned by Pennsylvania Co. and C. C. C. & I.- This
company forms part of the Pennsylvania system, and
leases the St. Louis, Alton & Terre Haute. (Y. 21,
p. 395.)
Indianapolis & Vincennes.—la 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.)
International A Great Northern (Texas).—This is a
miles to

,

consolidation of the International and the Houston
Great Northern. Interest

passed and funding pro¬

Iron Mountain, Chester & Eastern.—This was for¬

merly the Chester & Tamaroa. Bonds are in de¬
fault since 1873, and a receiver has been appointed.
(Vol. 19, p. 520; Y. 22, p. 614.)
Jacksonville, Pensacola & Mobile—This road is
mortgaged for a like amount of Florida State bonds,
and is held by the State ar.d noticed for sale March
5, 1877. (V. 22, p. 158; V. 23, p. 63, 256, 576; V. 24,
p. 40.)
Jefferson.—Leased to the Erie Railway Company
which pays interest on the bonds. (V. 14, p. 628.)
Jeffersonville, Madison. & Indianapolis.—Leased in
1871 to Pittsburgh, Cincinnati & St. Louis Railroad
for interest and sinking fund of bonds, and 7 per
cent, a year on stock. Lease transferred December,
1872, to Pennsylvania Company. In 1875, net earn¬
ings were $458,281. (Y. 20, p. 426.)
Jersey City A Albany.—Road was in progress, but
was stopped in panic of 1873.
Bondholders held
off. (V. 19, p. 365; V. 21. p. 613.)

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

A
A
A
A
A
A
A
A

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

N. \

1. 1876

May 1, 1881
Oct. 1, 1906
July 1 1910

May
July
July
April

1,
1,
1,
1,

1912
1874
1882
1900

Boston.
do
do

Jan.

A T. Co.

Aug. 1, 1893
Sept. 1, 1890

1, 1880
Sept. 1, 1892
June 1, 1874

do

Fob. 1, 1898
Oct. to J’ne, 74-5

A Frankf’t. May 1, 1899
Commerce. Aug. 1, 1895
do
June 1, 1896

Payable )g by transportation.

The annual report for 1876 (V. 24, p. 134)

1974

Whom.

....

....

gressing.
The company had an issue of Texas
bonds
gives causes for decrease in earnings, prospects, land granted it, but the grant was repealed and
given instead. (V. 20, p. 186, 291, 313, 383; an¬
Jfcc.
The following is a comj)arison for four years:
nual report, V. 22, p. 398; V. 23, p. 403.)
Gross
Net
Interest,
Iowa Falls & Sioux City.—Leased to Illinois Cen¬
Year.
Ac.
Earnings.
Earnings.
tral at 35 per cent, on earnings. Quarterly dividend
1376
$.
$2,141,766
$;16,792
1
per cent, June 1, 1876, on $4,625,000 stock.
1875
7/02,556
2 670,081
661,093
Cent.

A
A
A
A
A
A
A

Slocks—Last
Dividend.

Payable and by

....

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

....

HoustonA Texas Central.—Gross earnings in 187 0 net earnings

were

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

Where

pal, When Due,

5 500 000
1871
1872
1872

'

82
37

1,497,000
2,000,000
1,000,000
500,000

500 Ac.

673
245
140
253
394
34
427

gr., 3,000,000 ac’s
Jsfc mort., gold, coup., on 140 miles west Mo. Riv.
1st mort., gold, 140th to 393d mile
.2d mort (to U. 8. Gov.) on 394m. west Mo. River.
1st mort., coup., (Leavenworth Branch)
•Income bonds, coupon, 3d mortgage on 427 miles.
let land b’ds, op, or reg., gold, on 2,000,000 acres
2d land mort.,
do
do
do
Arkansas Valley, 1st mortgage, gold, guaranteed
June. C. A Fort K., 1st mort., gold, land gr., guar
•Kent County, (Md.)—1st mortgage bonds

500,000

1,000
1,000

1869

notes

5,500,000
38,000
2.667.0(H)

184

52
78
78
130
262

100,707
29,000,000
2,500,000
2,500,000
4,642,000
1,000,000
5,000,000
1,500,000

1,000

1,000

Kansas Pacific—Stock
1st M., 394th to G39th mile, I’d

'

1,000

1874

159
159
38
12
44
4k>

Joliet A Northern Indiana—1st

Three

416,000
367,500

459

226
86

2d

1st mortgage, Council Bluffs A St Joseph...
St. Joseph A Council Bluffs, 1st mortgage...
do
do
convertible
Mo. Valley, 1st M. ($1,000,000 of it is gold)
Kansas City, St. Jo. A C. Bl., consol, mort..
New consolidated mortgage (for $8,000,000)

500
500

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

41
250
9
38

mortgage
1st nmi't^ugf* gold

Jersey City A: Alhan.tf

1,000

$6,227,000
2,305,000
940,000
2,864,000

1,000
1,000

100

Jacksonv., Pens.A Mob.—Florida State bonds, gold...
Jefferson (Pa.)—1st & 2d morts. (Ilawley Branch)..
1st mortgage (Susquehanna to Carbondalc)..
Jeffersonville, Madison A Indianapolis—Stock
iudianapolis & Madison, 1st mortgage
Jeffersonville, Madison & Ind., 1st mortgage
do

Outstanding

500 Ac.

.

do

Amount

par

Value.

1866
1870
1873
1872
1854
1857
1865

1874

Bonds—Princi¬

INTEREST OR DIVIDENDS.
or

....

707

.

do

Size

Bk of Commerce.
do
do

1895 to’97
Jan. 1, 1896

July 1, 1916
Y., Lond. A Frankf’t. July 1, 1880
New York.
Sept., 1886
New York A Frankfort. April 1, 1903
New York.
April 1, 1903
Phila., CornExoh. Bank Jan. 1, 1889
N. Y., Bank of America.
March, 1883
do
do
AD.
June, 1885
N.

A O.
A O.

New York Office.
do
do

1904
1884

New York.

Aug., 1901
Aug., 1901

F. A A.
F. A A.

Joliet & Northern Indiana.—Mich. Central offered
to extend with a 6 per cent. bond, but court decided
that total rent must be applied to principal and
interest of bonds; still in litigation. (V. 20, p. 85,

140, 429; V. 21, p. 110; Y. 21, p. £67.)
Junction (Phil.^—Owned by connecting companies.
Cost of road $898,321; paid-up stock, $185,00U.
Kansas City, St. Joseph & Council
tion to these, there are also funding

Bluffs—In addi¬

bonds of about
$640,000 in different issues. Annual report for 1875
in V. 22, p. 495. Gross earnings in 1875, $1,362,708;
net, $351,869. Stock, $2,776,000. Interest defaulted
Sept., 1873. (V. 20, p. 475; V. 22, p. 233, 495.)
Kansas

Pacific.— In

1875 net earnings

were

$1,572,880, against $1,085,764 in 1874. Th<? land
grant is m 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 3S0th mile westward. The com¬
pany paid half the interest on its bonds, (except
incomes), after defaulting in 1873, up to November,
1876, and then went into hands of receivers.
See annual report, V. 23, p. 38.
(V. 22, p. 545; V.
23, p. 38 , 86, 478, 499, 515, 576; V. 24, p. 136.)
Kent Co.—This road was completed in 1872, but
defaulted in 1873. No recent information received.

Kentucky Central.—This was formerly Covington
The company recently purchased
& Lexington road. (V. 20, p. 500;

A Lexington.
the Maysville
V. 21, p. 39.)

Keokuk A Des Moines.—Formerly East. Div. of Des
Moines Valley.
The stock is $1,524,000 pref. and
$1,400,000 common. In year 1875-6 gross earnings
were $741,339; net, $226,838.
(V. 20, p. 520; V. 22,
p. 588.)
Knox A Lincoln.—Annual report, V. 22, p. 304.

Lafayette Bloomington A Miss. Formerly leased
W.; now to Laf. Muucie & Bloom.
(V. 23, p. 353.)
to ToL Wab. A

February 24,

RAILROAD STOCKS AND BONDS

1877.]

Immediate notice of^any error discovered In tbese

subscriber* will confer a great favor by giving

INTEREST OR DIVIDENDS.

DESCRIPTION.
For

explanation of column headings, &e., see notes
at the head of first page or

tables.

Lake Erie A Louisville—1st mort. ($1,100.000)
Lake Shore A 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 (s. f. $600,000 per yr.) coup, or reg.
Mortgage bonds of Oot., 1869, sinking fund..
1st mortgage, sinking fund, M. S. & N. I
2d mortgage, Michigan Southern
2d mortgage (C., P. <fc A. RR.) registered

bonds..

(C. & Tol. RR.) sinking fund
do
Buffalo & Erie, mortgage bonds
1st mortgage
2d mortgage

do
do

do
do

Det. Monroe & Tol., 1st mort., coup., guar
Kalamazoo & White Pigeon, 1st mortgage..

Schoolcraft <fe Three River, 1st mortgage
Kalamazoo & Schoolcraft, 1st mortgage...

Gr. Rapids, 1st mortgage,
do
slock, 6 per ct. guar.

Kalamazoo, Allegan

*
do
Jamestown & Franklin, 1st mortgage
do
2d mortgage
do

Income mortgage bonds
Lawrence—Stock.,
1st mortgage.
Leavenworth Atch. A Ar. If.—1st mort., guar
Leaven., Law. dk Galv—1st mort., l.gr. ,s.f., conv
Kansas C. & Santa Fe, 1st mort., guar
Southern Kansas, 1st mort., guar
Lehigh dk Lackawanna—1st mortgage

common and prof
1st mortgage, coupon and registered

registered

1st

mortgage, sinking fund
Logansp't, Orawfordsv. dk S. IF. of Ind.—1st mort., g.
Long Island—Stock;

and G. C. Branch..

Louisville, Cincinnati dk Lexington—Stock
Preferred 9 per cent stock
Bonds to State Kentucky (perpetual loan)
Louisville loan (to Louisv. and Frankf’t)
Louisville, Cincinnati & Lexington, 1st mort.....
do

2d

do

....

Consolidated 1st mortgage for $8,600,000
2d mortgage bonds, gold, coup

lowing shows a summary of the figures for each of
named

:

1875.

1,175

Miles
Gross

1874.

1,175

1873.

Lake Superior A Mississippi.—Formerly leased to
Northern Pacific. Land grant, 1,6 )2,000 acres. Fore¬
closure plan V. 22, p. 111. (V. 21, p. 372, 570: V. 22,

233, 545; V. 23, p. 33, 329.)

p.

Lawrence.—Leased to Pittsburg, Fort Wayne &
Chicago at 40 per cent on gross earnings. Lease

transferred to

Pennsylvania Company.

ings, 1875, $S4,177.
(V. 20,

p.

425.)

Net earn¬

Sinking fund has $10,0<J0 bonds.

Leavenworth, Lawrence A Galveston.— Defaulted

7

1,000

3,395,000
1.198,000
5,256,000
2,682,000
1,000,000
1,000,000
1,442,000
1,595,000
849,000
200,000
300,000
2,850,000
924,000
400,000

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

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

1,000

500,000

1,000

4,500,000
1,500,000
450,000

500 &c.
500 &c.
50

1,000
1.000

1871

1,000

1853
1864

1,000
1,000

1875
1870

1,000
1,000
50
500 &c.
100 &c.
50
500
500
500
500
50
100

i;ooo
i;ooo

150,000
250,000
600,000

2,623,483

7,109,000

2,000;000
3,500.000
2,369,710

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

value of its

1873-4.
♦Coal (tons) moved...
Gross earnings
Operating expenses..

7
7
7
7
7 '

370,000
2,500,000
1,100,000
150,000

$8,037,247; net
gives no details

*

1874-5.

1875-6.

4,150,660 3,277,527 3,951.513
$6,759,391 $6,046,495 $7,049,646
3,471,418 3,262,361 3,842,750
$3,287,973 $2,783,633 $3,20',896
24,505,447 279 92,297 27/228,920
16,859,000 22,129,000 24,186.000

460,208

Anthracite.

(Y. 22, p. 156; V. 23, p. 183; V. 24, p.

110.)

Little Miami.—This company leases the Columbus
& Xenia, and both are leased to Pittsburg, Cincin¬
nati & St. Louis, guaranteed by Penn. RB., lessees
assuming interest payment on bonds and 8 per cent
on stock.
Net earnings, 1875, (L. M. & C. & X)
$351,099. (V. 20, p. 427.)

Little RockA Fort Smith.—Foreclosed Dec. 10,1874.
Re-organized and stock issued for old bonds. The
new mortgage is for construction to Fort Smith.
(V. .19, p. 533, 617, 639; V. 20, p. 62; V. 21, p. 418.)
Little Rock, Pine Bluff
foreclosure Dec.

A New Orleans.— Sold in
$35,000. V. 21, p.

16, 1375, for

535, 613.

Little Schuylkill. —Leased and operated by Phila¬
July, 1373, and began to pay half of
coupons of 1873 in January, 1877.
(V. 23, p. 40; delphia & Reading. Dividends, 7 per cent.
Y. 2A, p. 158.)
Logansport, CrawfordsvUle & S. W. of Ind.—De¬
Lehigh A Lackawanna.—Operated by Central of cree of sale made. The total liabilities. September
New Jersey as a coal road.
1875. reported at $4,097,000, of which $321,000 were
Lehigh Valley —This company’s earnings are receiver’s certificates. (V. 21, p. 302, 613; V. 22, p.
chiefly from anthracite coal.
The gross income 03; V. 23, p. 428.)
on

interest




.

m|1

May, 1885
1877
1880

Nov. 1,
Jan. 1,
Oct. 1,

1892

May, 1890

Boston Office.
do

1892

Feb., 1897

F. & A.

Philadelphia Office.
Reg.atoffice, cp.B’kN.A
S.i Philadelphia Office.

Q.-J.

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

April
July
April
July
Sept.
April
Aug.

-

....

&
&
&
&
&
&

D.

do

do

D.
J.
N.
D.

N. Y.,

15, 1877
June, 1898
Sept., 1910

Jan.

1898 & 1923

Jan., 1892
May 1, 1902
Dec. 1, 1899

Philadelphia Office.
B’k Commerce.

-

.

•

Y., Bank of America.

10,1876
May, 1883

Boston.
A J.
& O. N. Y., Union Trust Co.
& J.
Philadelphia Office.
do
& O.
Q.-F. N. Y., Jones & Schuyler.

July 1, 1895
April, 1900
Jan., 1877
Oct., 1877
Aug., 1900

Dec.

Cincinnati.

Q.-M.
M. & N. N
Various

M.
M.
A.
M.

cost
The
Amboy branch completed, with $9,544,0138 spent on
it to December, 1876; has no mortgage debt. A com¬
parative statement for three years is as foHows :
the

or

D.
O S’ 3
O.
O.
^
N.
O vxi
N.
J.
b TO
O.
00 V
O.
^3
;■}
J. f
‘3 S ■'* iL
a
O.
J.
03
03
S.
O.
CO 00 03 ^
A.
a a t->+>
J.
J.
J.
J.
O
O.
J. N Y.t Union Trust Co.
do
do
D.
J. N. Y., Boston & Phila.
do
do
O.

M. & N.

7
7
7
7
3

construction account, nor of the
miscellaneous investments.

of

&
&
&
&
&
&
&
&
&
&
&
<fc
&

April, 1892
1, 1877
1, 1877
July 1, 1900
July 1, 1900
Deo. 1, 1903
Oot. 1, 1882
Oot, 1, 1879

1, 1899
1, 1885
1, 1886
1, 1882
1, 1886
1, 1898
1, 1906
&
Jan. 1, 1890
&
<fc
July, 1887
&
July, 1887
July, 1888
Oct. 1, 1876
&
Jan.
&
1, 1897
June 1, 1894
&
&
Jan., 1899
&
Oct., 1902
Jan., 1877
Pittsburg Office.
Q.-J.
F. & A. N. Y., Winslow, L. & Co.
Aug., 1895
A. & O. N. Y., B’k of Commerce. Oct. 1, 1889
J. & J. N. Y., Farm. L. & T. Co.
July, 1899

T.
A.
J.
A.

2*2

600,000
400,000

in 1875-6, was
The company’s report

Q.-J.

7
7
3
7
8 g.

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

225,000
77,000
333,000

£200
£200
100

& A.
J.

Stocks—Last
Dividend.

Feb.
Feb.

&

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

Cincinnati.

Company’s Office.
X.Y.,St. Nicholas N.Bk.

& N.
& N.
& O.
& S.

do
do
do

do
do
do

....

4*2

851,000
74,519
100,000
3,000,000
981,000
9,003,218
849,000

1,000

New York.
N. Y., Chase & Atkins.
do
do

& O.
& A.

A.
F.
F.
J.

pal, When Dtna

Payable, and bj
Whom.

Payable

....

1,500,000

1,000

Where

.

2
6
6

723,500

1,000

When

....

1,500,000
3,300,000

sources,

$4,194,497.

7
7
6 g.

2,646,100

-

100

from all

6 g.

750,000

i;ooo
i;ooo

1867
1869
197*2 T»7-’70
197*2 1869

7
7
10
10
8
7
2
6
7

1,500,000
525,000
5,000,000
2,000,000

1,000

1856
1863
1863
1868
1873
1871
1872

2*g

344,000
500,000
5,000,000
720,000
160,000
300,000
27,092,297
5,000,000
6,000,000
13,186,000
1.697,000
1,545,000
900,000
200,000
4,608,000

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

1851
1867
1870

7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
8
8
3
7
7
7 g.
10

443,000

1,000

1870
1873
1871
1871

1*3

100,000
100,000
810,000
610,000

---T

1872

1,175

37,774,000
38.035,000
38,373,421
—Company's statement of earnings for 1876, on
which the dividend was declared, showed surplus
over interest of $1,611,177.
(V. 19 p.345; V. 20, p.
16, 85, 140, 451; Y. 21, p. 9, 252, 418; V. 23, p. 33,
254, 622; V. 24, p. 16.)

9,105,000

1,000
1,000

Net earnings
earnings.. $14,434,198 $17,146,130 $19,414,5 0
Operat’g exp’es. 10,531,500 11,152,371 13,746,598 Capital stock
Net earnings..,.
5,993,759
5,667,910 Funded debt
3,992,697
Stock
50,000,000
50,000,000 Floating debt
50,090,000

Total debt

1.000

1,000

*

Lake Shore A Michigan Southern.—The annual re¬
port for 1875 was published in the Chronicle,
V. 22, p. 4*21, and balance sheet 447. Later
report to June 30, 1876. V. 23, p. 254.
The fol¬
the calendar years

•

1857
1870

392
392
130
83
20
77
77

Memphis A Ohio, 1st mort., sterling, guar
Memphis & Clarksville br., 1st mort., sterling
Lykens Valley—Stock
Macon A Augusta—1st mortgage
—2d mort., endorsed by Georgia Railroad
Macon A Brunswick— 1st mort., State eudors
2d mortgage

Lake Erie A Louisville.—This road was a reorgani¬

1,000

5
7
7

50

Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
do
extension, Louisville loan

zation, and has been financially embarrassed and
was sold out February 17, 1877.
Tnere is a second
See V. 19, p. 366.
mortgage of $5'.)0,000.

7

49,466,500
533,500
1,443,000
3,886,000

50

65
175
175
605

Louisville dk Nashville— Stock
Louisville loan, main stem (no mortgage)...

Equipment bonds

Rate per
Outstanding
Cent.

1,000

1868
1870
1873

123
123
70
31
31
92
158
95
4
10
19
175

ldgr’t (759,000 acs) s.fund (for $3,000,000)

do

Amount

| $1,092,000

§0
100
100

1865
1870
1869
1870
1872

141
81

Little Rock, Fine Bluff dk X. O.—1st mortgage
Little Selluglkill—Stock

do

Value.

1863
1869
1869
1872

5514
5514

’.

1st mortgage, main extension
Newtown & Flushing
New York & Rockaway
Smithtown & Port Jefferson

Par

19

Little Miami—Stock, common
1st mortgage
Street connection bonds
Little Rock dk Fort Smith—New stock
'1st M.,

1870
1870
1873
1872
1869
1855
1857
1859
1867
1869
1855
1866
1862
1866
1868
1876
1869
1867
1867
1868

& reg.

Lewisburg Centre A Spruce Creek—1st mortgage...
Lexington dk St. Louis— 1st mort., gold, guar.
2d mortgage

864
864
864

22
17
21
145
33
10
15
202
171
200

Lehigh Valley

2d mortgage,

1872

51
51
156

Lake Superior A Mss—1st mort., gold, l.gr.,s.f

Gem mort., gold, $ & £ (s. fd. 1 p.c. y’ly) coup.
Delano Land Company bonds, endorsed

50
1181

864
451
451
95
95
258
162
162
88
88
88
62
37
12
13
58

3d mortgage
do
Lake shore dividend bonds, April, 1869

Size, or

Miles Date
of
of
Road Bonds

Tables.

Bonds—Pri not-

1873

July, 1890
May, 1903
April, 1901
Sept., 1901
June, 1869

July, 1873

Louisville.

....

1894

& J.
Jan,, 1881
& j.: X. Y., Bank of America.
do
do
Jan., 1897
& j.
April. 1900
& O. ST. Y., J. B. Alexander.
Louisville.
Aug. 1, 1873
* A.
A. & O. X. Y., Drexel, M. & Co. 1886 & 1887
1886
do
do
Various
Louisville.
Nov., 1880-’85
M. & N.
do
Oot, 15, 1893
A. & O.
April, 1898
A. & 0. X. Y., Drexel, M. & Co.
Nov. 1, 1883
New York.
M. & N.
Dec., 1901
J. & D. London, Baring Bros.
do
do
Aug., 1902
F. & A.

J.
j.
j.
A.
F.

....

Philadelphia.
X.Y.,M.K. Jesup.P.&Co.

Q.-F.

J. & J.
J. & J.
Various
A. <fc O.
A. & O.

do

‘do

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

do

Feb., 1877
1887
1879
1887 to 1900
1889
1879

1874-5, $828,839;
stock was
has since
leased the Flushing No Shore & Central, and the
of L. I and all .ire operated together.
(V. 28» p.
135, 158, 375, 447; V. 23, p. 112.)
Long Island.—Gross earnings,

net, $213,503. In January, 1876. a sale of
made to Mr. Poppenhusen, and this road
,

Louisville, Cin. & Lex.—There are

also $60,000 old

bonds an 1 $374,000 8 per ct. mortg. bonds of 1872
due 1902, and $1,582,500 7 per ct. mortg. bonds of
ls73 due 1903. The company defaulted on interest
1873-4. Sale in foreclosure noticed for Dec 4, 1876,
was postponed.
(V. 21, p. 277,
352; V. 23, p.16, 63, 135, 329, 576,

395; V. 22, p. 181,
599.)

Louis Air-Line.—
from Louisville to 8t. Louis,
To be sold ir. foreclosure.
16, 357, 453; V. 21, p. 86; V. 22, p. 328.)'

Louisville, New Albany & St.
This road is projected
and has 28 miles built.

(V. 20, p.

Louisville A Nashville. -Annual report, for year
ending June 30. 1876, in V. 23, p. 376. Gross earn¬
ings of main stem, branches, and leased lines.
$4,961,490; net, $1,9a7,96 >. General result was a

surplus of $207,092. afte&

paying interest and all

Nashville & Decatur is leased, and liabili¬
ties for the South & North Alabama are assumed.
(V. 20, p. 16; V. 22, p. 157; V. 23, p. 279, 376, 473;

charges.

V. 24, p. 111.)

Lykens Valley.—Leased to
road at

$62,500

Summit Branch Rail¬

per annum.

Macon A Augusta— Leased and operated by the
Georgia Railroad, which guarantees all the bonds
except $100,000 of first mortgage. Gross earnings,

1375-b, $108,190; net,

$11,836.

(V. 2*. p. 15 7-)

Macon A Brunswick.—This road was sold Jnne 2,
1875, and bought for the State; offered again for
sale or lease January. 18'6. and again Jan., 77. The
Georgia Legislature declared fraudulent $600,000 or
the endorsed bonds issued in 1870, (V. 22, p. 3 of

advertisements; V. 24, p. 111.)

• •

BAILBOAD STOCKS AND

XZ11

Subscribers will confer

a

For explanation of column headings, &c., see notes

of tables.

Miles

Date

of

of

mortgage, consolidated

39
357
33
357

,

1870
.

19

*

Maine Central loan for $1,100,000
Deeds 6c Farmington Railroad loan

38

Portland 6c Kennebec, stock
do
do
1st mort., extended
do

1803
1805
1870

33
20
90
100
270

do
2d
do
1st mortgage, dollar
1st mortgage, sterling.
2d mortgage
3d mortgage
4th mortgage for $4,000,000
Seioto 6c Hocking Valley |tR., 1st mortgage
Balt. Short Line, stock, 8 p. e. guar by M. & C...
do
do
1st mort., guar, by M. 6c C
"Cincinnati 6c Baltimore RR., stock
do
do
1st mortgage

3,020,120

100

30

•

-

.

.

25

1873
1800

....

„

....

®

™

....

....

1872
1809
1874
1870
1870
1800
1809

....

39
39
94
94

1872
1872
1805
1808
1870
1871

....

110
110
....

230
57
57
120
147
140
32
35
100

1,000,000
18,738,204
2,179,000
550,000
8,000,000
1,900,000
200,000
000,000
040,000
70,000
1,000,000
500,000
491,200
424,000
1,900,000
1,315,000
154,000
783,000
2,001,000
880,000
1,100,000
2,134,000
500,000
3,909,000
320,000
500,000
000,000
1,254,500
310,774

.

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
100

....

....

.

•

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

1809
1809
1870
1875

1,000
50 &c.
1,000
50

1808
1870

1,000
1,000

1850

....

1800
....

780

_

....

1808 '
1870
1871-3
1870

182
100
780
70
70

....

ioo

21,405,000

1,000

2,850,000
349,000
14,758,000
708,000
250,000

1,000
1,000

1,000
....

Where Payable, and by
Whom.

A. & O.

0
7
0
6 g.
7
0
0
3
Gr
0
0 g*
5
7
7
7 g*

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

6c
&
&
6c
&
&
&

O. Bost.,Nat. B’kCom’rce.
A. Bost., N. Bk. Commerce
O.
do
do
J.
do
do
J.
Portland.
J. Bost., Nat. B’kCom’rce.
J.
Portland, Me.
do
O.
O. Bost., Nat. B’k Com’rce.
N.
Belfast and Boston.
N. Manchester and Boston.
O.
J. Boston, Bost. Nat.Bank.
A. N. Y., Winslow, L. & Co.

A, &
&
&
&
&
&
&

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

&
6c
6c
&
&
&

7
4
7
4
7
8
8
8
10
0
0

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

&
&
&
6c
&
6c

F.
M.
M.
J.

6c
&
&
&

0
7

J.
M.
J.
J.
M.

6c
&
6c
6c
&

•

r

4s.
8
8
7
8
8
8
8
8
8
8

-

2^3
8
8
8
8
8
8
8
7 g
8
7

3*2
10
7 g.

7
8
0

A.
A.
N.
J.

o
7
7
7
7

J.
0.
O.
N.
J.
N.
O.
N.
N.
J.
8.
J.
N.
N.
J*
8.
N.
8.
J.
A.
D.
D.
J.
J.
J.

New York and Boston.
Boston Office.
do
N.

-

N.Y., Merck. Exc. N.Bk.
N. Y., 8. 8. Sands & Co.
Philadelphia, P.& R. Co.
Detroit, 1st Nat. Bank.

0.

Memphis, Office.

J.

do

$2,091,080 55. and operating

balance.

In 1874 the total

expenses

receipts

$1,«81,-

•81 25.
Net, $812,399 30. Showing a diminution
this year, as compared with last,
in gross receipts,

$308,004 08; in operating

expenses of

$134,614 43;

and In net receipts of $173,38y 65.
44Of this reduction in our gross
receipts the past
year, $77,322 56 was occasioned by the modification
former contracts, for the purpose of
producing
■inform and harmonious action between the Eastern
and Boston & Maine roads, which will
result, as we
•nut, to the benefit and in the general convenience
•f our patrons who have occasion to io business
•ver the railroads west of Portland.
The balance
of the diminution in our gross receipts, $2:30,681
62,
vnut be attributed to the general
depression of the
business of the country, and ‘reduction of tariff
by

j>ecud rates.’” (Vol. 20,
Manchester

Lawrence.—Formerly operated

the Concord Railroad

1875-6, $100,6S6.

p. 313, 356; V. 22, p.

as

(V. 22,

p.

one

line.

with
Net earnings

588.)

Mansfield, Cold water cf L. if.—Leased by Penn.
Company for net earnings. In hands of mortgage
trustees. (V. 20, p. 426; V. 22, p. 42.)
Mansfield & Framingham.—Leased to Boston,

Clinton &

ings.

Fitehbcjg, at 25 per cent of gross earn¬
Consolidation made June, 1875. (V. 20, p. 615.)

Morietla, Pittsburgh & Cleveland,—There




are

also

vances for recent construction
Annual report V. 22, p. 208.

on

g.

the “Short Line.”

Marquette, Houghton tfi Ontonagon.—This is a con¬
solidation of Marquette & Ontonagon and Boughton & Ontonagon. Lands amount to 425,000 acres,
chiefly timber and mmeral. Stock, $2,306,600.
Maryland & Delaware.—This line was leased by
New Jersey Southern, to form part of the
through route. Lately, decree of foreclosure was
made. *(V. 29, p. 242; V. 22. p. 567, 615.)
the

Memphis & Chatleston—This road was leased to
the Southern Railway Security Co., but in 1874 the
lease was cancelled and Mr. R. T. Wilson, President
of the East Tennessee,
Virginia & Georgia road, was
elected President of the Memphis & Charleston,
with

board of directors. Net earnings, 1 75-6,
Abstract of latest report, V 23, p. 304.

a new

$3 <1,230.

Memphis & Little Rock.—Decree
made.

of foreclosure

(V. 21, p. 15; V. 22, p. 471; V. 24, p 16.)

Michigan Centred.—'The annual npirt to May 31,
1876, showed gross earnings on main line and
branches of $8,850,961, and net earnings, $2,048.06
For six months to Dec 1, 1876, net
Net floating debt, May 31, 1876.

1873, $342,150.

The Jackson

July, 1891
April 1, 1883
Oct. 1,-1895
May 15, 1890
Nov. 1, 1876
Oct., 1911
July 1, 1889
Aug. 1, 1895

•

.

income, $307,941.
$128,510; Dec. 1,

Lansing <te Saginaw

debt is assumed by
Michigan Central, which al-.o
pays $70,000 per year on the stock, one-third of
which it owns.
Interest was passed on the
Detroit & Bay City bonds, not guaranteed,

Nov.,

•

•

•

May 1, 189G
July, 1870
Dec. 1, 1904
Nov., 1870
Jan. 1, 1900
June 1, 1892
July 1, 1891
Aug. 1, 1892
Sept. 1, 1903.
Nov. 1, 1885.
Dec. 1, 1889

J. & J.
J. 6c D.
Various
M. & N.
M. & N.

....

May 1, 1880
Jan. 1, 1885
Jan. 1, 1913

May 1, 1890

i.873

Jan.,

Oct. 1,1882
Oct. 1,1882

May 1,1902
Jan. 1,1890
1890

April 1, 1883
Nov. 1, 1899
Nov. 1, 1890

July 1, 1880
July 1, 1879
Jan., 1877
May 1,1902-3
1902 '

July 1, 1885
March 1, 1878
May 1, 1890
Sept. 1, 1891
1889

Aug., 1399
Dec., 1901
June 1,1895

Jan., 1877
Jan. 1, 1890
1890

April 1, 1870
Sept. 1,’81 to’93
.

.

•

....

1
New York,

j>

J

receiver’s

small

July, 1901
Jan. 15, 1877

.

Marietta <k Cincinnati.—Gross earnings for the
year 1875 were $1,662,015; expenses, $1 290,590; net
earnings, $371,424, against $523,150 net earnings in
1874. This road forms a part of the through route,
and is operated in close connection with the Balti¬
more & Ohio Railroad, which has made
large ad¬

a

Y., Farm. L. & T. Co.

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
New York and Boston
N. Y., Farm. L. & T. Co.
do
do
do
do
do
do
N. Y., Winslow, L. &Co.
N. Y., Turner Bros.

Maine Centred.—The Maine Central leases several
The report of
tine year’s operations,
ending December 31, 1875, had the following:
“The total earnings for the
year 1875 have been

were

Oct., 1900
July, 1898

■XT

....

....

g.
g.
g.

,

«...

J. N.Y., 3d National Bank.
N. N. Y., R. T. Wilson & Co.
J.
do
do
J.
do
do
N. N. Y., Swenson, P. 6c Co.

....

....

.

,

Sept., 1806
Sept., 1800
R.
Garret
Balt.,
& Sons. Aug. 1, 1891
London.
Aug. 1, 1891
Balt., R. Garret & Sons. May 1, 1890
do
do
July 1, 1890

do
do
N.
do
do
J.
do
do
D. Balt., Merch. Nat. Bank
N.
do
do
J.
do
do
D. N. Y., Company’s office.
do
J.
do
A.
do
do
8.
do
do
N. Bost., Bk. of Commerce.
D.
do
do

J. &
A. &
A. 6c
M. &
J. &
M. &
A. &
M. 6c
M. &
J. &
M. &
J. &
M. &
M. 6c
J. 6c
M. &
M. 6c
M. <fc
J. &
F. &
J. &
J. &
J. &
J. &
J. &
A. &
J. &

.

.

1890 to 1891

.

7
7
8

„

.

....

S.
8.

J. &

.

April 1, 1912

....

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

3 s.
3 8.
7
7 g7
8

1875.

leave

Oct., 1890

Portland.

....

consol, mortgage bonds, $2,850,009, 7s, gold, due
Dec., 1903. Net earnings in D74 were $40,717. De¬
faulted and in receiver's hands August, 1875.

$1,786,076 47; operating expenses, $1,147,066 82;
net earnings, $630,009 65- sufficient to
nay all oper¬
ating expenses, interest, coupons and rents, and

Slocks—Last
Dividend.

New York.

Madison & Portgage.—Consolidated as Chicago
A Superior. No bonds could be
negotiated after
the “Potter law.” (V. 21 p. 15.)
roads.

pal, when due.

....

5,312,725
1,071,913
1,293,000
1,000,000
1,158,000
1,300,000

,

509
284
284
284
103
10

7 g.

750,000
1,200,000
500,000
1,910,000
2,000,000
840,000*
700,000
850,000
150,000

.

-

....

mortgage

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

....

....

Consolidated mortgage, gold, on road and land...
Hanuibal 6c Central Missouri, 1st
mortgage
do
do
2d

1872
1871
1872
1873

.

291
131

Missouri, Kansas (0 Texas—stock
Preferred stock (for $7,000,000)
1st m., gold, sink, fund, on road and land
(U.P.S.Br)
1st mortgage, gold (Tebo. & Neosho)

1,000

_

50
44
94
109
54
54
....

Tennessee State loan

1809

5j2

291

Consolidated bonds

.

....

...

gr

50
50
50

_

Memphis <& Charleston—stock

mortgage
Michigan Central— stock
1st mortgage, convertible, sinking fund
1st mortgage, convertible
Consolidated mortgage (for $10,000,000)
Michigan Central (Air Line mortgage)
Michigan Air Line 1st mort., assumed by M. C
Equipment bonds
Kalamazoo & South Haven, 1st mort., guar
do
do
2d mort,, guar
Grand Stiver Valley, 1st mort., guar. 5
do
do
4ld mort., guar
do
dostock, guar
Detroit & Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)
Jackson, Lansing 6c Saginaw 1st mort
]
do
2d mort., conv. I p/rV
do
let mort. (N. of Win.), conv.
f s t?
do Coin?, m. on whole line (300m.) J
®3£
Michigan Lake Shore— 1st mortgage
Midland Pacific— 1st mortgage, gold
Milwaukee d* Northern— 1st mortgage
Milwaukee, Lake Shore &■ Western—1st m., gold.
Mine Hill <£- Schuylkill Haven—stock
Mineral Point (Wis.)—1st mortgage
Mississippi, Ouachita <£• Red River— 1st m., gold
Mississippi tfi Tennessee—1st mortgage

1,000

....

do
do
Maryland dk Delaware— 1st mortgage
Tennesse loan
1st mortgage, convertible
2d mortgage
Consolidated mortgage

.

Payable

750,800
033,000
425,000
741,400
217,300
1,100,700
150,000
1,000,000
rgoo.ooo
300,000
1,500,000
1,408,912
8,130,719
4,400,308
2,450,000
1,050,000
2,500,000
3,000,000
2,004,000
300,000
1,125,000

,

do

2d mortgage

.

When

Cent.

1,080,500
1,100,000
49G,500

100
100
100
500 &c
100

....

Rate per

490,892

100 &c.

....

.

irquette, H. & O— 1st mort., I’d gr., M. 6c O., coup.
1st mort., I’d gr., H. 6c O., coup
2d mort., land grant, M., II. 6c O., coup

2d

$600,000

100

1871
1809
1870

22

....

Memphis <6 Little Rock— 1st mort., 1.

Outstanding

1871
1801

consolidated mortgage....

Stock, 1st preferred

3d mort.,

Amount

$1,000

m

72

Belfast & Moosehead, 1st mortgage
Manchester <t Lawrence—Stock
Mansfield, Cold water tfi L. if.—1st mortgage
Mansfield <£• Framingham—1st mortgage
Marietta, Piltsb. & Cleveland— 1st M., $14,000 p. m;
Marietta i£ Cincinnati—Stock, common

,

Value.

Bonds—Princi¬

INTEREST OR DIVIDENDS.

or

1808

Androscoggin Railroad, Bath City loan
do

m

1872
1800-1
1870

Bonds ($1,100,000 loan) A. &. K. RR..

Extension bonds, 1870, gold

.

Size,
Par

Road. Bonds

Madison db Portgage—1st mort., gold
Maine Central—Stock
.“
Mains Central interest scrip
1st

[February 24,1877.

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

DESCRIPTION.
at the head of first page

BONDS

Inquire

Company’s Office, -i
7 Nassau street.
.

Jan., i899
June, 1903
1904-1900

May, 1890
....

(V. 21, p. 15, 109; V. 22, p. 41; V. 23, p. 16,
133 403, 451, 499; V. 24, p. 16.)
,

Michigan Lake Shore.—Defaulted 1872. and in
hands. (V. 18, p. 218, 504; V. 21, p.
HO.)

Midland Pacific.—This was one of the roads repre¬
sented by Messrs. Turner Bros, in New York, of
which Benj. E. Smith was president. Default in in¬
terest was made in February and August, 1875.
Milwaukee & Northern.—This road defaulted on
interest December, 1874. Circular to bondholders, V
20, p. 615. It is leased to Wisconsin Central, and
there is said to be prospect of resumption.
(V.

32, p. 233.)

Milwaukee, Lake Shore & Westei'n.—Sold in fore¬
closure for $2,509,788, Dec. 10, 1875. Interest paid on
first mortgage June, 1876. (V. 21, p. 277, 591.)
Mine Hill & Schuylkill Haven.—Leased to Phila¬
delphia & Reading, May 1864, for 999 years* 8 per
cent

dividends

on

stock.

Mineral Point.—Total receipts 18/3, $128,121; ex¬
penses and interest, $130,6i4; cost of road, &c.t

$1,200,000.

Mississippi, Ouachita <fc Red River— Land grant
acres.
Sold in foreclosure, Dec. 16, 1875,.
$25,000. (V. 23, p. 405; V. 21, p. 535, 613.)

257,000
for

Mississippi <fe Tennessee.—Stock, $825,400. Net
earnings 1875-6, $241,798. V. 22, p. 181; V. 23, p..

621.

Missouri, Kansas <fe Texas.—'The latest plan of
with bondholders was given in the
Chronicle, V 22, p. 305. Receiver was appointed,.
settlement

December, 1874. Land grant is about 4,565,142 acres.
Annual report for 1875 in the Chronicle, V. 22, p.
542. (V. 21, p. 87, 186, 207, 253. 395: V. 22, p. Ill,

158, 305, 369, 446, 447, 471, 495, 521, 542, 590; V. 23,.
^0, 183, 647.)

p.

RAILROAD

February 24,1877.]
Subscribers will confer

a

299
283
283

.

1st mortgage, gold
2d mortgage (sinking fund $50,000 per
Real estate (depot) bonds
Debt to St. Louis County (no bonds)
3d mortgage

annum)..

299

Carondelet Branch, 1st mortgage
Missouri R., Fort Scott <& Chtlf—lai m. 1. gr. s. f
2d mortgage, coupon, may

151*2
161
161
85
186
516

be registered

Mobile <& Girard—2d mort., end. by Cent. Ga. RR..
Mobile A Montgomery—stock.
Mobile <£ Ohio—Stock;
Convertible 8 per cent bonds
1st mortgage, sterling
Interest bonds
Interest bonds, sterling
Tennessee subs., 1st mortgage,

,

*21

Special mortgage (Mississippi, Gainesville & Tex.)
2d mortgage

*4*6

*8*6

Montgomery A Eufaula—1 mort., end. by Alabama.
1st mortgage, not endorsed
Monticello A Port Jervis— 1st mortgage

80
23
137
84
84

Morris A Essex—stock
1st mortgage, sinking fund
2d mortgage

Convertible bends
Construction bonds..
Gen. m. & 1st ou Boonton Br. <fcc. (guar. D.L.&W.)
Consol, mort. (for $25,000,000) guar. D. L. & W..

*34
137

Special reiil estate mortgage
Nashville, Chattanooga A St. Louis—stock
Bonds to U. S. government, 2d mort
Bonds endorsed by Tenn

132
132
14

57
42
15
13
100
76

NaugalucJc—Stock
Newark, Somerset & Straitsv., O.—1st mortgage
Newcastle A Beaver Valley—Stock
New Haven & Derby— 1st mortgage
New Haven & Northamp. (canal RR.)—Stock
Mortgage bonds, coupon...
Bonds convertible, tax free, coupon

Bonds railroad stock
Bonds real estate

do
do

Missouri Pacific.—This is the condition of the
■company as reorganized after the sale of the road
under 3d
Sept.
1676, for

mortgage,
6,
$3,000,000.
Litigation is still pending, as stockholders of old
company have brought suit to annul the sale.
(V. 23. p. 16, 86, 203, 256, 279, 804, 330, 354, 428 , 451,
525, 576; Y. 24, p. 16, 64, 112, 186.)
Missouri River, Fort Scott A Gulf.— The stock is

f5,950,000.
Oct., of
1873,1875,on$243,616.
2d. and
an., ’74, on Interest
1st m’tgs.parsed
Net income

<V. 20, p. 403 ;V. 21, p. 15; V. 22, p. 470, 495.)
Mobile A Girard.—The Central RR. of Georgia
endorses these bonds. (V. 23, p. 549.)

Montgomery.—Sold in foreclosure, No¬
vember, 1874, and re-organized.
(Y. 22, p. 280;
Y. 23, p. 525.)
Mobile A

Mobile A Ohio.—Defaulted March, 1875
Plan of
adjustment; see V. 23. p. 451. Gross earnings, 1875,
$1,914,347; net, $361,453. (V. 21, p. 60 V. 22, p.
15\ 375, 4^7, 513, 5*40, 568; V. 23, p. 112, 183, 451,
519; V. 24, p. 136, 151.)
Montclair A Greenwood Lake— Re-organization of
•old Montclair road sold in foreclosure.

Montgomery db Eufaula.—Interest has been in de¬

It is one of the State aid
23, p. 183.

Monticello db Port Jervis.—Defaulted in 1873. Sold
(V. 20. p. 358, 383; V. 21, p. 39, 592.)

•July 7, 1875.

Monas db Essex.—Leased in perpetuity to the
Delawars, Lackawanna & Western. The lessees
asaum * all liabilities and pay 7 per cent on stock,
and 8 after 1874. if thev then earn 10 net on Morris
& Essex road. (V. 20,p.'85,477, 48 8: V.C2,p. 399.)
Nashville, Chattanooga db St. Louis.— Gross earn¬
ings of 1875-6, $1,751,599; expenses and taxes,
$1,023,423; net earnings, $728,176.
Net earnings,
•Juiy-Doc ,• 1876, $309 019, against $380,137 in 1875.
The debt to U. 8. and bonds endor-ed by Tenn. are
secured l>y deposit of 1st mortgage bonds.
(V. 22,
109, 181, 305, 400, 487; V. 23, p. 86,18 1.)




1,000

1876
1873
1869
1870
1869

500 &c

1,000
1,000
1,000
500 <fco

1,000
100
100

187*1

1,000
£225
IOO &c.
£100&c

1,000

1871
1874
1875

1867
1870
1870

1864
1866
vari’us
1871
1871
1875

10
80
80
37
78

ioo

50
250
500 &c.

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

Outstanding

.

1869
68&70

1869
1870
1870
1871
1873
1869

ioo
500 &c.
50
500 <fec.
100

1,000
1,000
1,000

1871
1873
1870

1,800,000
1,040,000
330,000
500,000

1865
1872
1871

2*06

1873
1856
1860
1873

ioo
1,000

8*4*2

g.
g.

g.

g.

Q—J.

g.

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

1869
1874

....

6 S2
6 g.
5
7 g.
2 *2
7
3
7
6

525,000

2,460,000
1,000,000
900,000
200,000
1,500,000

-

300,000

309,500
4,000,000 8

or

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

1,000
£100<fec
100
500 <fec.
100 <&c.

1,000
1,000

Nashua db Lowell.—Net
p. 590.)

April 15,1890
Jan., 1889

Oct. 1, i876
1881 and’91

Bridgeport, Conn.

July 1,1913
July 1,1900
Oct., 1887
Nov. 13, 1876
1893

July 10,1876
1, 1889

Nov.

Jail., 1877
1898 to 1900

Oct., 1874

....

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

g-

«

•

•

&
&
&
&
&
&
&
&

A.

N.

Y., Co.’s Office.

do
do
S. New York and London.
N.
N. Y., Co.’s Office.
O.
do
do
do
S.
do
do
O.
do
N.
New London, Office.
Q.-J.
A. <fe O. N. Y., B’k of N. America
do
do
J. <fe D.
J. & J. New York, Co.’s Office.

g.

g.

g.

2,941,000
1,500,000
3,723,500
997,000
1,997,000
1,279,000

A.

Jan., 1899

Apr. ’80 to '82
1891
1895
1881
March 1,1893
Nov. 1, 1889
...

1881

April 1, 1903
May 1, 1900
Jan. 1, 1877

Sept., 1885
July, 1892
1, 1915

Jan.

A

Northampton.—Gross

earnings, $195,913.

earnings,

(V. 21, p. 590.)

New Jersey A New Fori:.—This was a consolida¬
tion of the Hackensack & N. York and Hackensack
Extension. The old bonds are about $300,000, 7 p.

Receiver appointed Aug., 1876.
256; V. 24, p. 136, 158.)

c.,dne May, 1890.

New Jersey Midland.—Defaulted after the panic of
1873 and funded coupons. The company, having
exhausted its capital and credit in construction,
leased to the New York Midland for 7 per cent on
its cost ; it had at the time a floating debt of about

After the panic of 1873 the road came

back without sufficient rolling stock and
means to pay interest.
The bondholders
coupons, but default was again made.

without

funded
Several

plans of re-organization are proposed. (V. 21, p. 39,
64, 86, 230, 348, 395, 449, "66, 489; V. 22. p. 87, 135,
582, 614; V. 23, p. 329, 525; V. 24, p. 158.)

New Jersey Southern..—This was a consolidation of
several roads. Net earnings. 1875, $109,276. Interest
in default since October, 1873.
Litigation in prog¬

Now York, Co.’s

Plan of re-organization, V. 21, p. 466. (V. 20,
313, 488; V. 21, p. 466, 489; V. 22, p. 422.)

West Line.—In foreclosure.
640; V. 20, p. 383; V. 22, p 35?. 400.)

(V. 10,

New London Northern.—Operated under lease till
1891 by Vermont Central for $150,000 a year, in¬
come of Co., in 1675-8, $160,620. (V. 21, p. 590; V.
23, p. 590.)

(V.

$399,250; net

1894

•

New Jersey
p.

& Ohio.

Haven

1886
1886

ress.

p.

earnings in 1874-5, $56,464.

1874-5, $595,164; operating expenses,

»

Jan. 1,1912
July 1,1886
Oct. 1,1890
May 1,1912
Nov. ’74, ’79 84

Aug. 1,1874
Office.
May 1,1889
May 1,1904
London, Baring Bros.
Q.—J. N.Y., Gr. Central Depot. Jan. 2, 1877
do
do
M. & N.
May 1,1883
do
do
M. <fe N.
May 1,1883
do
do
M. & N.
May 1,1883
do
do
M. & N.
May 1,1883

Lou¬

New Haven A Derby—Net earnings 1873-1, $24,832.
New Haven city guarantees $225,000 of the bonds.

•

F. & A.
M. & N.

7 g.
6 g2
6
6
6
6

New Castle A Beaver V tt*y— Leased to Pitts¬
burgh, Fort Wayne & Chicago, and lease transfirred
to Penn. Company.
Net earnings, 18*5, $2:9,534.
(V. 20, p. 425.)

&
&
&
&
&
&

•

.....

395,115
6,250,000
4,000,000
89,428,300
6,633,626
74,500
592,000
162,000

N. Y., So. RR. Ass’n.
J.
J. N. Y., J. B. Alexander.
do
do
O.
N.
N. Y., So, RR. Ass’n.
N.
N. Y., J. L. King.
do
do
A.
do
do
& J.

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

Newark, Somerset db StrattsvillW.—Leased to San¬
dusky, Mansfield & Newark. Guaranteed by Balti¬

$400,000.

Oot. 1, 1893
Jan. 1,1899

•

N. Y., Union Trust Co.
Ne wcastle, Penn.
Q.-J.
Various N. Haven, E.8. Scranton
New Haven.
J. <fe J.
do
A. & O.
do

7 g.
8
8
7 g.
7
8
7

3,559,000

Naugatuck.— Net earnings 1875-6, $206,084.
21, p. Oil; V. 23, p. 622.)

p.

•

•

F. <fe A.
M. & N.

(V. 21,

(V. 23,

Aug., 1888
July, 1891
May 1, 1892
Feb., 1885

»

....

-

7
7
7
7
6
7
7
7
2
6
7
7

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

m

m

•

6
7
7

800,000
605,000

&
<fe
&
&
&
&
<fe
m

4

Noshville db Decatur.-Leased May4, H71, to
isville & Nashville Company for thirty years.

New

-

New York.
Deo. 1,1883
New York and London.
Nov. 1,1883
Mobile.
1876 and '83
London.
1883
1901
New York and London.
Mobile.
do
1877-1882
New York or London.
Jan. 1,1904
New York, Co.’s Office.
do
do
N. Y., G. Opdyke & Co. Maroh 1,1886
do
do
June 1,1900
N. Y., Union Trust Co.
1890
N. Y., Del., Lack <fe W.
Jan. 2,1877
do
do
1914
do
do
1891
do
do
1900
do
do
1889
do
do
Oot., 1901
do
do
June 1,1915

A. & O. New York & Nashville.
N. Y., V. K. Stevenson.
J. & J.
J. & J. N. Y., V. K. Stevenson.
J. & J. N. Y., Drexel, M. & Co.
A. & O. Nashville, Co.’s Office.
M. <fe N.
Boston <fe Nashua.

(?)

1854
1853

more

Whom.

12,158,650

1853

....

Q-M.

M. & N.
M. & N.
M. & N.
J. & J.
M. & N.
March
J. & J.
F. & A.
M. & S.
M. & S.
J. & D.

g.

1^

5,000,000

3*5*6

Stocks—Last
Dividend.

Payable, and by

N. Y., B’k Commerce.
do
do
do
do
St. Louis.
inont’ly
M. A N.
New York.
A. & O. N. Y., B’k Commeroe.
J. & J. N. Y., Farm. L. & T. Co.
A. & O.
Boston, Co.’s office.
J. & J. N. Y., Nat. City Bank.

7
7
7
7
7
7
7

800,000
200,000
1,918,400

916,000
2,120,000
120,000
1,000,000
5,300,000
3,000,000
1,500,000

100 &c.
500 <fec.

Where

F. <fe A
J. & J.
M. & N

3*2

15,000,000
5,000,000
3,000,000
284,000
573,000
4,991,000
3,239,000
1,025,000
6,575,295

1,000

1,000

8
6
8
6
7
8
8
7
7
7
8
8
7

(?)
200,000

3,000,000

1,000

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

977,550

100 &c.
100 &c.

100 &c.

Payable

5,686,000
1,524,300
769,920
1,668,000
53,000
1,453,858

4,700,000
1,900,000
206,000

500
100

W’hen

Cent.

5,320,600

1873
1870
1867

1,000

Rate per

$*300,000
7,000,000
2,650,000
800,000
700,000
4,000,000
500,000
5,000,000
1,947,000
300,000
3,022,517

1,000,000
1,100,000

100
ioo
140
566

206
206
237
237
237

1,000
1,000
1,000

pal, When Due.

Amount

1871

7*2

3*2*7

1,000
100 &c.
100 <fcc.

25

■

Holyoke & Westfield RR.
N. J. Midland—1st mort., g’ld, guar, by N.Y.& O
2d mortgage, currency
New Jersey A New York— 1st mort. (for $1,500,000)

fault since January, 1873.
roads. (V. 21, p. 489; V.

1871
1872

1*873

do

$100
1,00?

34*5

by L.& N

Bonds, B. & N. F. stockholders

Par

Value.

100 &c.

Consolidated mortgage, gold (for $15,000,000)...
Montclair A Q. Lake.—1st mort, new ($700,000)
2d mort. (issued for old firsts)

N. J. Southern—1st mortgage
1st mortgage (Toms’ River br.)
2d mortgage bonds
Consolidated mortgage, for $7,000,000
New Jersey West Line—1st mortgage, gold
New London Northern—Stock
1st mortgage bonds
2d mortgage
N. O., Mob. d Tex.—1st mortgage (Mob. to N. O.) ...
New Orleans, St. Louis A Chic.—Consolid. stock
New consolidated mortgage (for $25,000,000)
-Consolidated 1st mort., gold (N. Q., J. & G. N.)...
1st mortgage,
do
do ...
2d mortgage,
do
do
Consolidated mortgage (Mississippi Central)
1st mortgage,
do
2d mortgage,
,
do
Tennessee State Loan
do
'
Income and equipment mortgage.
2d mortgage scrip
N. Y., Boston A Montreal—1st mortgage, gold
N. Y. d- Canada—1st M., sterling, guar. D.& H. Can.
New York Central A Hudson River—Stock
Premium bonds
(N. Y. Central

Size, or

186*8

1873
1853

sterling

New 1st mort. ($20,000 per mile)
Nashville A Decatur—1st mort. guar,
2d mortgage
Nashua d Lowell—Stock
Bonds for freight depot

Bond s—Prinol -

INTEREST OR DIVIDENDS.

Date
of
of
Road. Bonds

Miles

explanation of column headings, <fcc., see notes
at the head of first page of tables.

Missouri Pacific—Stock

xxUI

great favor by giving Immediate notice of any error discovered in these Tables*

DESCRIPTION.
For

STOCKS AND BONDS.

.

New 07-leans, Mobile A Texas.—The Western Di¬
vision of this road was sold Nov. 18, 1874. Interest
in default since 1872. (V. 21. p. 231, 535; V. 22, p.

233, 352, 568; V. 23. p. 379.)
New Orleans, St. Louis

A Chicago.—Gross earnings
net, *1,363,9®.
Operated as a con¬
necting line with IU. Cent.
Ill. Central burs up
year ending June 30.1875, $3,184,320;
See annual report, V. 22, p. 156.

$200,000 per year mt consol, mortgage bonds of 1913.
The Miss. Cent. 1st mort. bonds, due Nov., 1874, were
not all paid, and Jan., 1876, there was default in

payment of interest.
Receiver appointed March,
1876, and roads noticed for sale March 17,1877, In
foreclosure of consol, mortgage by Illinois
Railroad. (V. 22, p. 63, ill, 156, 281, 328;
p. 16, 160, 622; V. 24, p. 40, 158.)

Central
Y. 2$.

New York, Boston A Montreal.—Proposed consoli¬
dation of several roads from New York to Rutland.
Company defaulted in 1874 and now in hands of
receiver; foreclosure pending. (V. 20, p. 886, 858,
383, 405; V. 21, p.16, 349; V. 22, p. 447, 471, 545, 568,
61"; V. 23. p. ICO.)
New York A Canada.—The bonds are guaranteed

by the Delaware & Hudson Canal Co. Road opened
through Oct., 1875. (V. 21, p. 207.)
New York Central A Hudson River.—The consoli¬
dation of N.Y. Central with Hudson Rivei was made
Nov. 1, 1869. The scrip dividend on N. Y. Central of
80 per cent was made in Dec., 1868.
On consolida¬
tion, another 27 per cent was distributed on Central
stock and 85 per cent or Hudson. The mortgage
loan for

$40,000,000 was to retire prior debt,

and tE*

STOCKS AND

RAILROAD

Subscribers will confer a great favor by giving Immediate
Date
of
Road. Bonds.
Miles
of

explaiHM4<m of oolumn headings, &c., see notes
at the head of first pago

New York Central <& Hudson

Rencrwal. lionds
2d mortgage, sinking fund
New
jncw morfcsraae
mortgage

of tables.

River—{Continued)—

(Hudson River)

jj $30,000,000
)
£2,000,000 3

1854

coupon or

tered.

regis-

132

N. F. Housatonic <fi Northern—1st mortgage
N. Y. Kingat. <£• Syra.—1st m., g’d ($-1,000,000)
N. Y. <& New England (Bost., Hartf. <£ Erie)—Stock.
1st mortgages, old
1st mortgage, new
New York, New Haven, <£• Hartford—$ took
Harlem & Portchester, 1st mortgage guaranteed.
N. Y. <t Oswego M'ulland—1st mortgage, gold
2d mortgage, convertible
2d mortgage, non-convertible
3d mortgage, equipment
1st mortgage, Western extension
Consolidated mortgage
N. F., Pi'ov. tC Boston—(Stouington)—Stock
1st mortgage
Extension
General mortgage ($1,000,000 authorized)
North Carolina—Stock, common
Preferred stock

GO
150

.

*

Mortgage bonds
Northeastern {8. C.)—Stock, common
Pref. stock (8 per cent) exchangeable
1st mortgage, new
2d mortgage, new
North Pennsylvania—Stock

for 2d mort.

50
50

1,000

10,500,000

1,000
1,000

108,444
1,500,000
2,500,000
1,000
5,085,000
1804
80
928,000
139
1870
343,000
1,000
100
141
15,500,000
2,(XX),000
12*4 1873
1809
100 <fcc.
334
8,000,000
1870
225
2,500,000
1871
225
1,500,000
.3,800,000
1873
2,425,000
1,200,000
02
100
3,000,000
1803
02
70,000
1,000
’58-’00
250,000
1,000
02
1809
837,000
1,000
223
100
3,000,000
100
223
1,000,000
500
223 ’07-’68
380,000
50
102
899,350
50
102
96,000
1809
500
102
820,000
1809
102
500
232,500
50
58
3,978,150
50
500 &c.
1.930,500
360,000
1,000
500 &c.
50
1,500,000
2,035,000
50
313
5,842,000
138
1,500,000
500 &c.
138
1855
1,490,000
1805
500 &c.
138
1,120,000
1808
138
1,000
2,599,000
1808
138
1,000
205,000
1870
138
1,000,000
1,000
138 ’74-’75
2,964,000
1,000
2,200,000
100
3,068,400
82*3
21
1,000,000
21
400,000
’ioo
550
1875
28,000,000
100
2,604,400
....

•

•

•

•

•

•

•

00
00
122
122

State loan, sinking fund

Ogdtnsbura <£ Lake Champlain—Stock
Preferred stock

393
393
148
393
393
393

f.)

Consolidated mortgage, sterling
2d consolidated sinking fund mortgage

sinking fund bonds (for $1,000,000)...

Spring.. Div. (Sn.&Ill. SE.) IstM. (for $3,000,000)
Allegheny River— 1st mort.(W. & F.RR.)
1st mortgage (Oil Creek RR.)
let mortgage (Un. <fc Titusville RR.)
New mortgage, (Pitts. T. & B.)
Funding income bonds (P. T. <fc B.)

....

228
50

Oil Creek <&

Old Colony—Stock
Bonds
Bonds
Bonds
Bonds
Bonds

38
25
120
217

m

„

m

....

m

-

....

comparison for five years:

Cost of road

and
Receipts. Rece:pts.
Debt.
equipm’t.
$23,046,588 $11,922,417 $40,431,263 $97,822,311
*9,027,218 11,765,111 40,003.667 96,355.774
31,690,386 13,262.089 33,484,742 92,536,503
29,126,851 11,484,863 27,725.533 78.014.954
25,580,675
9,134.239 16,496,020 63,299,924
Funded

....

...

m

....

i‘oo
100

....

1,000

1,000
100
100

1862
1808
1808
1871
1873
1874
1805
1802
1870
1870
1870
....

1,000
1,000
£200

'

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

1807

1,000

1871
1874
1875
1870

500 &c.

1,000
....

....

3,077,000
2,000,000
500,000
468,000
20,000,000
4,030,000
174,000
6,545,850
112,000
3,804,000
140,000

1,915,000
1,500,000
580,000
500,000

1,155,000
300,000

6,733,800
1,450,000

7cg
7
7
5

M. & S.
J. <fc J.
J. & J. N.Y".,

J.
J.
M.
J.

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

2*g
0
6
7
3
3

8
4
8

8
3
6'
10
7
7
3
6
6
0
o g.
6 g7
o g.
5

New York, Ho’jsafonic db Northern.—Foreclosure
pending. (V. 21, p. 849; V. 23, p. 549.)
New York, King ton & Syracuse. —Includes old
Rondont & Oswego
Sold in foreclosure May 2,
(V. 19, p. 366, 533; Y. 20, p. 242,
1875, for $750,003.
314, 453, 615; V. 21, p. 160.;
New York <fe New Ensjland.— 'Y'nx?, was formerly
Boston Hartf. & Erie.
The road was opeiated by
the trustees of the Berdell mortgage for several

8
®

7
7
0 g.
7
7
0
7
7
7
7
7
3
7
....

500,000

d

1,000,000

0

Last funding plan Y. 21, p.278. Decree
made Oct. 2, 1876. (V. 21. p. 40, 64,
186; V. 22, p. 352, 447; V. 23, n. 233, 329, 354, 526,
549, 5S>, 622.)
of foreclosure

Boston.— Annual report
1. 1876, showed net earn¬

North Pennsylvania.—Gross receipts in year 1875-6,
♦1,675.865: net, $786,519; surplus above interest,
$326,403. (V. 22, p. 134; V. 24, p. 62.)
Northern Central.—Tne annual report for 1875 in
Chronicle, V, 22, p. 278, shows gross earnings,
$1,926,247; expenses, $3,362,123; net, $1,504,124.
The total net income was $1,706,639, of wlifch
was paid for interest and rentals, leaving
net ^income,
$459,463, equal to 7 86-100 per cent
upon the capital stock of the company. The 5 per

$1,247,176

$23,000,000 mortgage is to exchrnge for incomes
(V. 20, p. 267, 336, 35 5; V. 22, p. 257.)




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

1, 1903

2, 1877
2,. 1877
May, 1900
Jan. 1, 1881
Oct., 1902

July 1, 1902
1884
Jan., 1905
Jan. 1, 1877
1903

July 1, 1894

May 1, 1895
May, 1896

1878
1878 & 1881

do
do
do

do
do

do
do

-

July 1, 1899
Mar., 1877
Sept., 1876
1877 & 1888

Charleston.
do

Philadelphia Office.

do
do
do
do
do
do
do
do
Baltimore & Philadel.

May, 1875
Sept. 1, 1899
Sept. 1, 1899
Feb. 1, 1877
Jan. 1, 1885

Apr. 1, 1877

May 1, 1896
1903

April 1, 1876

Irredeemable.
Annapolis.
July, 1885
Baltimore, 1st Nat. Bk.
do
April, 1900
do
July, 1900
•"

do
do
Loudon <fc Baltimore.

J. Baltimore, 1st Nat. Bk.
D.
Boston, Office.

July, 1900

April, 1880
July 1, 1904
Jail. 1, 1926
Dec. 1, 1876
July, 1876
1878

City, Hudson Co. B’k.

J. New England Trust
do
do
J.
do
do
J.
J.
Boston, Office.
do
O.
do
J.
do
S.

Co.

©

3*2

and conveyed to the new company in July.
375. Net income. 1875-6,
Northern New Hampshire.— Net income fiscal
$263,012. The balance sheet, Sept. -50, 1876, gives year 1875-6 was $120,810. (V. 22, p. 565.)
stock tesued $5,685,000, and Berdell bonds not yet
Northern of New Jersey— Operated by Erie at 35
exchanged $14,315,000. Mortgage bonds due 1935,
$316,000. (V. 21, p.31, 207, 533, 570; Y. 23, p. 279, per cent of gross earnings, which in 1875 were$278,991. (V. 23, p. 488.)
£09, 575.)
years,

1875. See report in V. 23, p.

&
&
&
&
&
&
&

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

June, 1885
1, 1903

Jan.
Jan.

Y., M. Morgan’s Sons. Feb. 10, 1877

*
E,

4ll,d69.

of 1372.

&
&
&
&
&
&
&
&

do

do

Company Shops, N. C.

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

Q.-J.

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

New York c£ Oswego Midland.—Interest in de¬
fault since 1873. Receivers’ certificates have been
issued, and the floating debt, Sept. 30, 1875. was $6,-

cent

&
&
&
&
&
&
&
&
&

Opdyke & Co.

do
do
do

J. & J. J.

ings $46 >,201, leaving a surplus of $96,051 above in¬
terest and dividend payments.
Full report Y. 21,
(V. 22, p. 41,591; V. 23, p. 329, 598.)
p. 464; V. 23, p. 621
N. Y. City Elevated — Securities admitted to N.
North Carolina.—Leased September, 1871. to Rich¬
Y. Stock Board Jan., 1877. (V. 24, p. 41.)
mond & Danville Railroad at $269,000 per annum.
New York db Harlem.—Gross earnings 1873-4, In March, 1875, the gauge was changed. Dividends
$3,856*525: operating expenses, $1,719,334; net of f* per cent, are paid on stock, of which the State
earnings, $1,137,141. Leased to New York Central of North Carolina holds $3,000,000. (Vol. 16, p. 653;
V. 17, p. 155, 218; Y. 20, p. 267; V. 21, p. 39 J.)
at 8 per cent per annum (payable J. & J.) on stock,
And interest on bonds. The Fourth avenue horeeNortheastern, S. C.—Gross earnings in 1875-6,
jabroad and real estate was retained. The extra
$382,273; net, $161,813. Report V. 24, p. 88.)
dividend April, 1876, was from profits of city line.
.

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

N.

1
7

Neiv York, New Haven & Hartford.—'Net income
1875-76, $1,749,621, against $1,872,125 in 1874-5. (V.
20, p. 62; V. 22, p. 15; V. 23, p. 6 00; Y. 24, p. 03.)

New York, P/vvilence &
for fiscal year ending Sept.

& A.
& N.
& J.
& 8.
<fc 8.
& N.

Grand Cen. Depot.

do

2*2

205,500

1,092,000

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

Boston.
do

N. Y.,G.
do

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

5
6
7
2
4
8
©

Stocks—Last
Dividend.

Jan.
Jan.

7
7
N
7
7

400,000
245,000

Whom.

& J. N.Y., Gr. Central Depot.
do
do
& J.
do
do
& N.
do
do
& J.
A. & O. N. Y., St. Nich. Nat. B’k.
New York.
J. & J.

0 <fc 7
7 g.

m

68.’09
1870

Equipment bonds
Sinking fund bonds
Ohio dk Mississippi—Stock, common
Preferred stock (7 p. c. yearly, cumulative)

balance for third and fourth track, &c. In 1875-6
the Comnany lost nearly $1,031,003 on gross receipts,
and saved $1,603,837 on cost of mainlining roadand machinery, as compared with 1874-5.
The
Harlem Railroad was teased April, 1873. The fol¬

•

....

m

Income and funded debt bonds
1st consolidated mort. ($3,478,000 are s.

•

Payable, and by

Dee. 15, 1887

7
7 g.

•

Where

When

Payable

4
4
7

...

•

preferred stock

Net

Bonds—Princi¬

pal, When Due.

J. & D. N. Y„ Grand Cen. Depot.
do
do
J. & D.
do
J. & J.
do
London.
J. & J.

7
0 g.

500 &c.
500 <fcc

....

Norwich & Worcester—Stock

.

6
7

1,794,000
10,865,000
9,733,333
1,500,000
1,730,000
7,500,000
1,550,000

•

bonds

1st mortgage
Northern Pacific—New

.

$2,391,000

....

Northern, N. II—Stock

1875-6.
1874-5.
1873-4
1872 3
1871-2

$1,000

....

Northern of New Jersey—Stock

Gross

Rate per
Cent.

,

Consol, mortgage, gold, s. fund, coup. $ or £
Mort. bonds (exchanged for incomes of ’72)

a

1872
1801
1872
1872

•

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
Inoome convertible bonds, coupon

lowing is

Amount

Outstanding

.

(for $12,000,000) —

Debenture

notice of any error discovered In these Tables.

Value.

132

Sinking fund

1st mortgage,
2d mortgage

or
Par

1873
1873

840
840

PpAforiwi fttftplr

1st mortgage
Chattel mortgage
2d mortgage
General mortgage

Size,

....

N. Y. City Elevated — Stock
1st mortgage
New York Jt Harlem^-Common stock

Consol, mort., coup, or reg.

[Felruary 24, 1877.

INTEREST OR DIVIDENDS.

DESCRIPTION.
For

BONDS.

New York, Office.
& S.
& O.
do
do
do
do
& J.
London.
& J.
New York, Office.
& O.
do
do
& N.
1st coup, due Nov., ’77
& A.
Philadelphia, Office.
do
do
& O.
do
do
& J.
do
do
& A.
do
do
& A.
& J.
Boston, Office.
do
& A.
do
& A.
do
& S.
do
& I).
do

....

Jan. 10, 1877
July 1, 1877
July, ’75 to ’77
July 10,1876

Oct. 1, 1870
Jan., ’78 to ’79
Mar., 1890
Nov. 1, 1905

1, 1875
April. 1, 1882

Mar.
Jan.

Jan.

1, 1898
1, 1898

April, 1911
May 1, 1883
Nov. 1, 1905
Feb. 1, 1896

Apr. 1, 1882
July 1, 1890
Feb. 1, 1896
Feb. 1, 1896
1, 1877
Aug., 1877
Aug. 1, 1881

Jan.

March,

1894

June-1, 1895
1886

Northern Pacific.—Sold Aug. 12. 1875, for
and pref. stock is issued to bondholders at

$100,000 r
the rate

of $1,400 for each $1,000 bond, and this inchfdesthe
interest funded to July, 1878.
This stock is ex¬

changeable for land at its par value. To Sept., 1876,
$25,000,000 of bonds had been so exchanged, leaving
about $5,0)0,000 yet out.
(V. 22, p. 135, 159, 209; V«
23, p. 225, 330, -40 1 ; Y. 24, p. 40.)
Norwich & Worcester.—Leased February. 1369, to
Boston, Hartford & Erie for 100 years at 10 percent
per annum on cost. Dividends paid of 10 per cent

Gross receipts in 1875-6, $728,030; net,.
(Y. 21, p. 590; V. 23, p. 548.)

per annum.

$311,965.

Ogdensburg & Like Champlain.—Leased, in March,

1870, for twenty years to the Vermont Central, but
lessee failed to pay rent, and receiver was appointed
October, 1876. (V. 23, p. 279, 346, 500.)
Ohio & Mississippi.—There
1st mortgage 7s, W. Div., yet

are also $97,000 of old
out. The annual re¬
port to June 30, 1876, was given in V. 23, pp. 301 y

4 77.
Gross earnings were $3,382,032; expense**
$2,539,725; net earnings, $342,305.
The company

purcha=ed the Springfield Road, March, 1875, for
$2,000,000 in bonds secured on that road, and with
privilege of funding coupons to Nov., 1877: of the
same mortgage bonds
$1,000,000 more were re¬
served for improvements. November 17, 1876, the
President, Daniel Torrance, and Mr. John King, of
the Baltimore & Ohio, were appointed receivers.
Interest on 1st mortgage was passed January, 1877.,

(V. 22, p. Ill; V. 23. p. 301, 347, 377, 526, 519,
V. 24, p. 64, 89, 136, 158.)

599;;

Oil Creek & Allegheny River.—Sold in foreclosure
consol, mortgage, Dec. 29. 1875, for $109,009. New
organization made Jan., 1876, as Pitts. Titusv. &
Buff. RR. (V.21,p.40, 302; V. 22, p. 16,135,279,399.)Old Co'ony.—'There are $32,000 5 per cent bonds
due 1884
Net income over operating expenses,

$754,053 in 1875-5, against $774,388 in 1874-5.
p.

86v 50U.)

(V. 23,.

RAILROAD

FebrJ*ary 24, 187 .]

STOCKS

AND

BONDS.

XXV

Subscribers will confer a great favor by giving Immediate notice ot any error
DESCRIPTION.
For

explanation of column headings, Ac., see notes
at the head

.

of first page or tables.

Omaha <2 Northwestern— Land grant gold bonds..
Orange <2. Newark— 1st mortgage.

40

-

or
Par
Value.

28^

mortgage bonds

Oswego <2 Syracuse—Stock, 9 per cent guar
Mortgage bonds
Owensboro <2 Russellville—1st mortgage
Paducah <£ Memphis—1st mortgage, gold
Panama—Stock
General mortgago, sterling
Paris <2 Danville— 1st mortgage, gold,sinking fund
Paris <2 Decatur, fills.)—1st mort., g’d, sink. f’d.....
Paterson & Newark— 1st mort., guar, by Erie

Pekin, Lincoln <2 Decatur—1st mortgage
Peninsular (Mich.)—1st mort.,gold, sink. fund...

Pennsylvania—Stock
1st mortgage
Gen. M., Ph. to Pitts., coup., J. & J.; reg., A. & O.
State lien (pay’ble in annual iust’lm’ts of $460,000)
Consol. M., coup. J. A D., A reg. Q.—M. is. f. 1 p. c.)

Navy Yard bonds, reg

35
35
36
115
47
47
105
'75
12
67
166
860
355
•

.

•

•

—

..

•

mortgage, gold, (held by Pennsylvania RR.)..
Pennsylvania <2 Delaware—1st mortgage
2d mortgage
Pennsylvania <2 New York—1st mort., guaran
1st mortgage, guaranteed
Peoria <2 Bureau Valley—Stock
Peoria, Pekin <2 Jacksonville— 1st mortgage
2d mortgage
Peoria i2 Rock I.—1st mort. (after $150,000 10s)
Perkiomen—1st mortgage
Consol, mort., gold, guar. P. A R., (sink, fund)

*

.

58A64
1872

50
500 Ac.
500 Ao.

1867

100
£200

1,000

1873
1872

1868

500
500 Ac.

1871

1,000

’69.'70

•

•

.

.

50

1,000
1,000

1870
1873
1875

44
44
105
105
46
83
83

1873
1873
1866
1866

90*2

1870
1867
1873

.

Philadelphia <2 Balt. Central—1st mort. (Pa)
2d mortgage (Pa.)
1st mortgage (Md.)
common

1,000

40

A Erie

2d
2d

mortgage
mort., gold (for $20,000,000), guar by P. R—
Philadelphia (2 Reading—Stock, common
Preferred stock

287
287
287
....

1,000,000
1,500,000

100

621,000

1,000

1,200,000
1,324,200
500,000

100 Ac.
100 Ac.
100 Ac.
50
50

1,000
1,000
1,000

1,000
50
50

....

1843-9
....

1,0*00
100

1857
1861
1863
1869

1857
1836
1836

sinking fund

.

1,00*0

.

Consolidated mort., dollar loan, coupon or reg
do
do
gold, dollar or sterling
do
do
dollar loan, gold,coup, or reg
Debenture loan (convertible 1876-92)

Improvem’t mort. (dollar or sterling) sink’g fund.
Gen. mort., $ and £ (sink, fund 1 p. c. yearly)
Coal A Iron Co., guar. mort. (for $30,000,000).

745
750

..

Philadelphia (2 Trenton—Stock

26
20
100

Philadelphia, Germantown <2 Norristown—Stock
Philadelphia, Wilmington (2 Baltimore—Stock
1st mortgage, convertible

98

Plain bonds, loan
do
do
:
do
do
■Pittsb. <2 Conncllsville—1st mortgage
1st
do
Turtle Creek division
Consol, mort., guar. B. A O. (s. f. £7,200 pr. yr.)..
Pitts., C. <2 St. L.—lsf in., cons, (for $10,009,000)
2d mortgage
1st mortgage, Steubenville A Ind., reorganized...
Col. A Newark Division bonds

149
10
149
200
200
117
33

1858
1867

1872-4
1875
1868
1859
1876
1863
1873

1864
1864

300,000
800,000

400,000
300,000

6,048,700
2,400,000
1,000,000
5,000,000
3,000,000
8,680,000
32,725,775
1,551,800
1,510,500
79,500

182,100
967,200
1,000

1836
1868
1868
1871
1871
1871
1873
1873
1874
1872

350,000
200,000
1.320,400
124,000
1,500,000
1,541,000
7,000,000
2,794,000
2,500,000
1,200,000
500,000
1,070,000
3,800,000
68,870,200
4,970,000
19,999,760
5,007,360
29.250,000

1,200,000
1,000,000

«...

1859
1869
1866

10,950,000

100
500 Ac.

i,6*oo

1864

p.m.

546,000

1,000

«...

....

Mortgage loans inconvertible
Loan mortgage, convertible
do
do
sterling

Outstanding

3,000,000
8,000,000
7,096,000
1,083,000
519,000
1,500,000
1,500,000

1,000

.

do
do
do
East Pennsylvania 1st mort.,
Loan mortgage, sterling
Loan debenture
:
Loan mortgage

•

1866

i.873

.

82
82
82
36
36
10
287

(payable $25,000 yearly)

Preferred stock
1st mortgage, Sunbury
1st mortgago

•

18

Petersburg—Stock

Philadelphia <2 Erie—Stock,

•

50
50

1st

1st mort. bonds
2d
mortgage

•

c

1,000
1,000

1865

Pennsylvania Co.—Common stock
Preferred stock

Amount

$1,000 $16,000

1871

9
200

Oregon <£ California^-1st mortgage
Rome—1st mortgage guaranteed

Os xego <2
Income

Date
of
fofj
Road. Bonds

1,000
1,000

1,000
100
50
50
500

495,900
134,400

1,138,900
2,700,000
10,688,000
7,000,000
963,000
10,500,000
9,364,000
19,686,000
13,413,500
1,259,100
2,231,900
11,536,250
290,000

1,000

1,000,000

1,000
1,000

700,000

1,000
100 Ac.

£200

1,000
1,000
1,000

1,000

835),000
4,000,000
326,600
6,500,000
6,222,000
5,000,000
3,000,000
775,000

Rate per ! When Where
Cent.
Payable

7.30 g.
6
7 g.
7
7
4
7
8
3
7 g7
7 g.
7
7
7 g2
6
6
5
6
6
3

7 g7
7
7
7
4
7
7
7 g6
6 g.
3
8
8
7
7
6

3*2
6
6
5 g.
6
7
....

....

7
7
6 g6 g7
6
6 g.
7

2*2
3
4
6
6
6
6
rr
4

6
6 g.
7
7
6
7

Some On all operations east of Pittsburg, in 1875, the report
coup’s exchanged for lands. (V. 22, p. 79; shows a net surplus of $1,034,929 over all payments,
Y. 23, p 175.)
including dividends. The following is a comparison
Oregon & California.— Bonds nearly all placed in for four years on main line and branches in Penn¬
Germany. After default in 1673, proposition offered sylvania :
Gror.s
Net
Total Stock
by Ben. Holluday, President. (See V. 19, p. 480; V.
Earnings.
Earnings.
and Debt.
22, p. 375.)
1875
$20,493,251
$8,147,388
$128,096,560
Oswego & Rome—Operated by the Rome, Water- 1874...... 22,642,371
9,306.921
113,010.000
town A Ogdensburg at 8 per cent on $301,000 stock, 1873
24,886,009
105,784,0(5
9,445,704
and interest on first mortgage bonds.
1872
22.012,525
8,247,852
82.589.537
Oswego & Syracuse.—Leased to Del. Lack. & West, —The Pennsylvania Company is a corporation dis¬
tinct from the Pennsylvania Railroad, formed to
for interest on bonds and 9 per cent on stock.
operate all the leased lines west of Pittsburg. The
Owensboro & Russellvi le.—Now Evansville, Ow
stock is owned by the Penn. Railroad. The finan¬
ensboro & Nashville. To be sold in foreclosure.
cial agent in London is the Joint Stock Bank.
Paducah & Memphis. —Foreclosure proceedings (V. 18, p. 192, 285, 350, 504, 584, 630; V. 19, p.
pending and sde ordered. (V. 21, p. 110; V. 22, p. 377, 47<, 504; V. 20, p. 16, 86, 267, 314,425; V. 21, p.
283; V. 23, p. 576; V. 24, p. 43.)
130, 361, 458, 592; V. 22, p. 253; V 23, p. 16.)
Panama.— A steamship line lately started. (V. 20,
Pennsylvania & Delaware.—The lease of this road
p. 358; V. 21, p. 207, 231, 489; V. 22, p, 88, 233, 247, to the
Pennsylvania Railroad was ratified iu 1874.
805, 352, 368; V. 23, p. 503.)
Previously operated under temporary lease.
Paris & Danville.—Of these bonds, $450,030 were
Pennsylvani t & New Fori.—Operated in close
given for cod mines at Danville, which are covered connection with the Lehigh Valley. Net earnings
(1,230 acres) by the mortgage. (V. 21, p. 186, 297; V. 1875-6, $608,10). Dividend of 10 per cent paid on
stock of $3,500,000; common stock is
DecTtur.—Consolidation. Now Illinois preferred
$1,061,700. (V.24, p. 110.)
Midland. (V. 19, p. 351: V. 21, p. 613.)
Peoria d> Bureau Valley.—Leased perpetually to
Paterson & Eewark.— Lately operated by Erie.
Chicago, Rock Island A Pacific at $125,000 per year.
Stock is $250,000.
Peoria, Pekin & Jacksonvil e.—In year ending
Pekin, Lincoln <fc Decatur.—Leased to Toledo,
Wabash A Western. Sold in foreclosure June 10, June 30, 1874, net earnings, $60,26!.
Pearia <& Rock Island.—To be sold in foreclosure.
1876, and reorganized. (V. 22, p. 217; V. 23, p. 10J.)
Decree entered. There are old 10 per cent bonds of
Peninsular.—'There is also a second mortgago for $150,000. (V. 29. p. 141. 016; V. 21, p. 359. 319, 535;
$&43 003. Defaulted May 1,1872. Coupons unfunded. V. 22, p. 56, 344, 463; V. 28, p. 617; V. 24, p. 64.)
Consolidated with Port Huron A L. M. July, 1873.
Perkiomen.—Leased to Philadelphia A Reading.
(V. 17, p. 155, b50, 763.)
Petersburg.—Gross earnings 1874, $240,145: net,
Pennsylvania.—The report for ’75 is given in V. 22,
(Vol. 19, p. 351; V. 20, p. 592: V. 21, p.
p. 253.447- In May,’75, the dividend was changed $103,373
to the rate of 8 per cent per annum.
The direct 64. 372; V. 22, p. 135.)
Philadelphia & Baltimore Central.—Operated for
funded debt of the company is $59,009,000 ; in 1874
some time past, in Pennsylvania by trustees of first
the liability as a guarantor of principal and interest
was on $33,933,603 bonds;
annual liability addi- mortgage bondholders. Phil,, Wil. A Balt, largely
Omaha & Northwest.—Passed interest 1874.

bonds and

'

^Paris \

t,ional,on guarantees of interest or rentals, $13,862,310.:




interested.

(V. 23, p. 526.)

New York, Office.
A O.
London.
New York, Office.
A J.
A J. New York and Loudon.
A J. N. Y., Erie Railway Co.
F, A A. N. Y., T. W. A W. RR.
M. A N.
New York.

Q.-J.

Q.-F.
A

Philadelphia, Office.
do

J.

Q.-J.

A. A O.

do

May, i9I5
Feb., 1891
Feb., 1877
1880 A 1885
Feb. 1, 1892
Jan. 15, 1877

Oct. 10, 1897
Jan.

do

1, 1903

July 1, 1892
Jan. 1, 1878
Feb., 1900

May 1889 to’90
Feb. 27, 1877
Jan., 1880
1910

do

Q.-M. Philadelphia A London.
A J.
Pliiladolpliia, Office.
A
A
A
A
A
A
A
A

Jan., 1901

Philadelphia, Office.

J.

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

Stocks—Last
Dividend.

Whom.

A.
J.
J.
J.

0. Pittsburgh Co.’s Office.
A.
Philadelphia.
A.
Philadelphia, Office.
O.
do
do
D. Pliila., B’k N. America.
D.
do
do
A. N.Y.,Chic.,R. I. A Pac.
J. N. Y., Imp. A Trad. B’k.

F. A A. New York and London*
A. A O.
Pliila., 227 8. 4th st.
J. A D.
do
do
J. A J.
J. A J. N.Y., Lancaster, B.ACo.
do
do
J. A J.
Philadelphia, Office.
J. A J.
do
do
,T. A J.
do
do

Annually.

Juno 15,1905
1881

Oct., 1873
1903
1903

1903
June

1, 1896
June, 1906
Feb., 1877
July 1, 1894

Feb., i900
Apr. 1, 1897
Juno 1, 1913
Jan., 1872
Jan., 1879-’98
1902

....

Jan., 1879
Jan., 1900
Oct., 1891

....

....

4
7
6
7
6 g.
2 i-j

pal, When Dug.

Payable, and by

N. Y., Konntze Bros.
J. A J.
M. A N.
Newark, Office.
A. cc O.
Frankford O. M.
M. A N. N.Y.,Farmers’ L. AT.Co.
do
F. A A.
do
F. A A. N. Y., Del., L. & W. RR.
M. A N.
do
do
F. A A. N. Y., Imp. A Trad. N.B.

J.

es.

Bonds—Princi¬

INTEREST OR DIVIDENDS.

Size,

Miles

discovered In tbese Tab

J.
A.
A.
J.
J.

A
A
A
A
A

J. Philadelphia, Pa. RR.
do
O.
do
Oct. 1, 1877
0. Phil a., Pa. Life A T. Co. March 31, 1881
do
J.
do
July 1, 1888
J. Philadelphia A London.
July, 1920
Jan. 25,1876
Q.-J.
Philadelphia, Office.
do
'
do
Q.—J.
July 25,1876
do
J. A J,
do
1880
J. A J.
do
do
1886
J. A J.
London.
1880
J. A J.
do
1880
M. A S.
1888
Philadelphia, Office.
T. A J.
London.
1877
J. A J.
1893
Philadelphia, Office.
do
A. A O.
do
1893
J. A D.
do
do
June, 1911
J. A I). Philadelphia A London.
June, 1911
,T. A D.
Philadelphia, Office.
June, 1911
J. A J.
do
do
Jan. 1, 1893
A. A O. Philadelphia or London Oct. 1, 1897
J. A J. London A Philadelphia. July 1. 1908
do
do
Various
1892
Jan. 10, 1877
Philadelphia, Office.
Q.-J.
Q.-M. Phila., Treasurer of Co. Dec. 3, 1876
J. A J. Philadelphia A Boston.
Jan. 2, 1877
do
do
J. A J.
July, 1884
do
do
A. A O.
April, 1887
A. A O. Phil’delphia, Co.’s Office Oct. 1, 1892
do
do
A. A O.
April 1, 1900
J. A J. Balt., Balt. A Ohio RR.
July, 1898
F. A A. Pittsb., First Nat. Bank Aug. 1, 1882
J. A J. London, J.S.MorganACo Jail. 1, 1926
F. A A. Phila., Pa. RR. Office.
Aug. 1, 1900
do
A. A O.
do
April 1, 1913
M’nthlv N. Y. Agent, 57 B’way.
May, 1884
J. A j. Phila., Pa. RR. Office.
Jab., 1890
'

Philadelphia & Erie.—Leased February, 1S62, for

999 years to Penn. Railroad, but without any guar~
antee of bonds.
Gross earnings. 1875, $8,365,897;

earnings, $l,137,4i3.
The Penn. Railroad is
$231,244. (V. 22, p. 206; V. 24, p. 136.)
Philadelphia & Reading.—The report for 1875-6, is
given at length in V. 24, p. 38. President Gowan
reviews the year 1876, and gives the facts hearing
upon the Company’s financial condition and prosp.-cts. The trustees of the general mortgage hold
the mortgage of the Coal A Iron Co. A comparison
of statistics for three years is as follows:
net

creditor

1873-4.

Gross earnings..
Op. expenses
Net earnings
Funded debt

.

1874-5.

1875-6.

$14,452,121 $12,660,927 $12,227,511
8,731,916
8,130,159
8,510,950
$5,720,205 $4,530,76® $3,7IT, 161

58,155,138 57.134,111
—(V. 20, p. 358; V. 21, p. 453; V. 22, p. 109? V. 23,
p. 40, 452; V. 24, p. 33.)
*
*
Philadelphia & Trenton.—Lsased to Pennsy!vania
Railroad with United New Jersey companies at 16
par cent on stock.
Philadelphia, Germantown <& Norristown. —Leased
for 999 j ears to Philadelphia A Reading at 12
per
cent,

on

........

stock.

Phdade’phia, Wilmington & Baltimore.—NeX earn¬
ings, year ending Oot. 31, 1876, $1,606,0 9, leaving a
surplus income of $2.76,774 above payment of all
expenses and 8 per cent. dividoaOs.
Last annual re¬
port in y. 24, p. 88.
Pittsburg <ft ConnellsvUle.—On Jan. 1, 1876. a trans¬
fer was made by City of Baltimore to Balt A O. RR.
for $1,00G|©0G, and the consol,
mortgage made for
£2,200,000, and guaranteed by B. A O. Net earn¬
ings 18715-6, ^529,674. (V. 24, p. 13 5.)
Pittsburg, Cincinnati & St Louis.—1This company
leases several roads and is itself controlled by the
Pennsylvania Co., which holds a majority of the
capital stock. Common stock, $2,508,700; 1st pref
$2,928,60; 2d pref., $3,000,000.
Net earnings!
1875, $733,962. Annual report, 1875, V. 22, p. 51»»
V.a?,p.

RAILROAD

TXYi
Anbacrtbers will confer

Miles

Date

For explanation of column Leadings, Ac., see notes
of
of
at the head of first page of tables:
Road. Bouds

Pittsburg, Ft. Wayne dk Chicago—Stock,

468
468
468
468
468
468
468
468
468
468
468
468
468
468
468

1st mortgage (series A)
1st
do
do
B
1st
do
do
C
do
1st
do
D
do
do
E
1st
1st
do
F
do
2d
do
do
G
2d
do
H
do
2d
do
do
I
2d
do
do
K
do
L
2d
do
2d
do
do
M
3d
do

-t- ©

5

05

^ ©

8

s

-S .■
'5 « S
►’c'y
C

* w

C 3
O

S

C

-M

M

Pittsburg, Ft. Wayne & Chic, construction bonds.
Equipment bonds (renewed)
PitUb., Va. dk Charleston—1st mortgage, gold
Plymouth, Rank, dk Pac.—1st m. ($3,600,000)

Port Huron dk L. Mich.—1st mort., traf. guar
Portland dk Ogdensb.—1st mort., E. D., gold
New mortgage (for $3,300,000)
1st mortgage, Vermont Div., gold
Portl. dk Rochester— 1st mort., s. f. (Fortl. loan) “A”.
1st mortgage, equal lien
2d
do
(Portland loan) sinking fund, “B”.
Portland. Saco dk Poi'tsmouth—Stock
1st mortgage, gold
Pori Royal (S. C.)—1st mortgage, convertible, gold.
Portsmouth, Gt. Falls dk Conicau—Stock
Bonds (not mort.) guaranteed by Eastern RR
Providence <1• Worcester—Stock
coupon

2d mortgage, coupon

Reading d. Lehigh—1st mortgage

$2,000,000)

Bonds, guaranteed by State
Consolidated mortgage, coupon or registered
New general mort., gold (for $0,000,000)
Piedmont branch, 1st mortgage..
Northwestern, N. C., 1st mort., guar
Pick'd, Fredericksburg dk Potomac—Bonds, ster
Dollar loan

Coupon bonds of 1881
Richmond d Petersburg—1st mortgage
New mortgage

coupon

218
97
190
190

mortgage

Consol, mort., convert, till July, ’79, coup.

1871
1862
1862
1862
1862
1862
1862
1862
1862
1862
1862
1863
1862
1862
1857
1874

360
120

common

1855
1861
1872
1874

Preferred stock

Equipment mortgage bonds

120
120
120
112
170
266

do
do
New general mortgage
St. Joseph dk Denver City— 1st m. gold, E. div
1st mortgage, Western division, land grant

St. Louis, Alton dk Terre Haute— Stock
Preferred stock (7 per cent yearly, cumulative)..
1st mortgage (series A) sinking fund
Pa
1st mortgage (series B) sinking fund
Js ©^ s
'Q,C

2d mortgage, preferred (series C)
2d mortgage,
preferred (series D)....
2d mortgage, income

O

Equipment mortgage

.

S

w

g’c
&

1st mortgage (North Missouri)
Real estate and railway 2d mort. (for

©

$3,000,000)

Pittsburg, Fort Wayne &

Chicago.—This road
Pennsyl¬
interest,
sinking fund of debt, and 7 per cent on $19,714,286
stock, which was increased at that time from
$11,500,000. The lease was transferred subsequently
to the Pennsylvania Company. The lessees to
keep
the road in repair, and also pay taxes, expenses,
etc. Pittsburg, Fort Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads:
which in turn are leased again by Pennsylvania Com¬
pany. New stock of $4,100,000, issued to Penn.
Railroad for improvements, Ac., is under article 16
of lease; guaranty on old stock not, affected. Net
earnings, 1875. $3,278,398. Sinking fund for bonds,
$1,763,850. (V. 22, p. 5s8.)
Was leased July, 1869, for 999 years, to
vania Railroad, at a rental equivalent to

Pittsburg Virginia & Charleston.—Of these

the Pennsylvania Railroad

owns

bonds

$500,000.

Plymouth Kankakee dk Pacific.—In foreclosure.
V. 19, p. 120; V. 20, p. 314, 491; V. 21, p. 372.)
r

Port Huron dk Lake Michigan—This forms part of
the Chicago A Lake Hur(ni consolidation, with Pen¬
insular of Michigan. Intervst was in default Nov.,
1873, and foreclosure is pending. (V. 20, p. 357; V.

22, p. 37o.)

Portland

Ogdensburg.—The two

1870
1870
1872
1869
1870

1864
1864
1864
1864
1864
1870

©

St. Louis, Iren Mountain dk Southern -Stock
1st mortgage, coupon
2d mortgage, gold, coupon, may be registered
Cons. M. gold (s. f. after 1880), coup., may be reg.
Arkansas Branch, 1st mortgage, gold, land grant
Cairo Ark. A Texas, 1st mort., gold, coup or reg.
Cairo A Fultou, 1st ir ort., gold, or road and land
St. L. Kansas City dk N —Stock ($12,000,000 pref.)

or

Amount

Par
Value.

-

5

686
210
210
686
100
72
300

*i’o*o
100 Ac
500 Ac.

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

1,000
500 Ac.

1,000
1,000

799,900
1.200.500
1,000,000
3,000,000
2.479.700
4.168.700
500,000
500,000
1,212,000
1,500,000
5,500,000
2,300,000
2,468,400
1,100,000
1,100,000

1,400,000

18*65

1,000

1874

1,000

1,000,000

500 Ac.

1,000
100

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

582
354
354

31,000

3,147,600

1,400,000
1,700,000
300,000
19,479,653
4,000,000
5,927,000
1,617,000
2,500,000
1,500,000
8,000,000
24,000,000
6,000,000

1867
1872
1874
1870
1872
1870

Rate per

Cent.

100

g.
g.
g.
gg.
g-

S

g.
g.

*

7
6
6
6
6 g.
8
6*70
6 g.
6 A 7
8
8
7
3
7
7
7
7

K

*3^8
7
8
8
8 g.
8 g.




as

one

«•

company,

Y., Winslow, L. A Oo.
do

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

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

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

J.
A.
S.
O.
N.
D.
O.
J. N.
8.

Y., Winslow, L. A Co.
do

do

Stocks—Last
Dividend.
Jan. 2, 1877
Jan. 2, 1877

July
July
July
July
July
July
July
July
July
July
July
July
July

1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
Jan. 1,
Mch. 1,

Philadelphia.
New York.
J. A J.
New York.
M. A N.
J. A J. Boston, First Nat. Bank
do
do
M. A N.
M. A N. New York and Boston.
J. A J. Boston, Columbian B’k.
do
do
A. A O.
do
—
do
Various
J. A J.
Boston, Office.
do
do
M. A N. New York and London.
J. A J. Bost., Eastern RR. Co.
do
J. A D.
do
J. A J.
Providence, Office.
do
do
J. A J.
M. A 8. N. Y., Union Nat. Bank.
J. A D. Columbia, First Nat.B’k

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

.

1912
1912
1912
1912
1912

1942
1912
1912.
1912.
1912
1912
1912
1912
1887“
1884.
-

.

July 1, 1901
May 1, 1899
Jan., 1900
Nov., 1901
May, 1891
July 1, 1887
Oct. 1, 1887
Sept. 1, 1891
Jan.

1, 1877
....

Nov. 1, 1889
July 15, 1873:
Dec. 1, 1892
Jau. 1, 1877
July 1, 1880
Mch. 1, 1882
June, 1884

1*8*80

do

Jan. 1, 1875
1875 to ’90

N.

Y.,City Nat. Bank.
do

....

1888
A. A O. New York or Richmond
London.
J. A J.
Various
Richmond, Office.
do
J. A J.
A. A O.
Richmond, Office.
do
M. A N.
do
J. A J. N. Y., Farm. L. A T. Co.
do
M. A 8.
do
do
do
J. A D.
do
J. A J.
do
do
A. A O.
do
F.
M.
M.
M.
F.
F.

A
A
A
A
A
A
•

•

*3*
J. A

7
7
7
7
7
10

i, 1877
Nov., 1921

Jan.

Richmond, Office.
do

•

A.
F.
M.
M.
M.

A
A
A
A
A

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

A
A
A
A

A.
N.
8.
N.
A. N.
A.
•

Boston, Treasurer.
do
do
do

do
do
do

Y., London A Frank.
do

do

....

1875
1875
1881-’90
1880 to ’86

May 1, 1915July 15, 1875
Bept. 1, 1880
Dec. 1, 1891
Jan. 1,1892
July 1, 1904
Feb. 2,1.875
May 1, 1880
Sept. 1, 1880
Nov. 1,1902
Aug., 1899

May 15, 1900

-

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

July 6,
Y., Office 12 Wall st.
do
do
do
do
do

-

do

do
do
do

do

i-874

1894
1894
1894
1894
1894
1880

~

7
7
7
7

7
7
7

g.
g.
g.
g.

I.
•

setts.

Providence dk Worcester.—Net earnings year end¬
ing September 30, 1876, $220,(01; floating debt,
p.

N.

Q.—J.

Q.-J.

J. A * J. N. Y., Nat. B’k Com’rce.
M. A N. N. Y., Del. A H.Canal Co.

4*

Portsmouth, Great Falls dk Conway.—Opened, in
1872, and is leased by Eastern Railroad, Massachu¬

(V. 21,

Where Payable, and by
Whom.

Roads—Princi¬

pal, when Due..

*

sure has been entered.
(V. 20, p. 291, 433; V. 21, p.
78; V. 22, p. 591; V. 23, p. 526'; V. 24, p. 90, 136.)

$1,490,000.

When

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

7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
7
7
7
6
6
6
6
7
6
3
6
7
3
6
4
6
7
7

590; V. 23, p. 548)

Reading dk Columbia.—This road is operated and
by the Philadelphia A Reading Railroad.
Floating debt, $1,093,494.
Reading & Lehigh.—This was the Berks County
road; sold odt, and leased to Philadelphia A Read¬
ing, March, 1875, for 99 years. (V. 29, p. 63, 267.)
controlled

Rensselaer dk Saratoga—Leased May 1, 1871, to
Delaware A Hudson Canal Company, which pays in¬
terest on bonds and 8 per cent on stock. In 1872-3
the net surplus to lessee was $204,597. (V. 20, p. 244.)
Richmond <fe Danville.—Gross

earnings 1874-5,
This company leases the
North Carolina Raiiioad and the Piedmont Railroad,

$923,057; net, $323,447.

and forms a through route with the Atlanta A Rich¬
mond Air-Line.
The Penn. Railroad owned $600,000
stock of the Richmond A Danville, and took $1,000,000 of the new bonds at 80. (V. 20, p. 8, 291, 568;
V. 21, p. 614; V. 22, p. I 80.)

vision? were
and a
mortgage of $8,000,000 on whole line proposed. In
Richmond, Fredericksburg dk Potomac. — Gross
March, 1876, Co. passed the interest on Portland earnings 1875-76, $367,909; expenses, $177,793; set
city bonds. (V. 21, p. 130, 396, 613; V. 22, p. 182; V. earnings, $190,175. (V. 21, p. 612; V. 23, p. 621.)
n, p. 304, 418; V. 28, p. 86.)
Richmond dk Petersburg— Gross earnings year
Portland dk Rochester—Net earnings year ending ending Sept. 30, 1876. $137,407; net, $60,094. (V. 22,
August 31, 1875, $33,6881 Interest in default. (VT p. 15; V. 24, p. 62.)
23, p. 354, 377.)
Rome, Watertown & Ogdensburg — The last report,
Portland, Saco dk Portsmouth—Leased March 18, in V. 22, p. 493, shows gross earnings in 1875 of
1871, to Eastern Mass. Railroad for 99 years at 10 $1,167,824; expenses, $885,585; net earnings, $282,239.
per cent per annum; modified Dec., 1875. to 6 per The Lake Ontario Shore Road has been consoli¬
cent for two years. (V. 21, p. 372, 434, 592; V. 22, p.
dated with the Rome, Watertown A Ogdensburg,
568.)
and is in progress to Niagara.
(V. 19, p. 169; V.
Port Royal.—The Georgia Railroad guarantees 20, p. 8, 163, 311; V. 21, p. 442; V. 22, p. 493.)
$500,000 of these' bonds; decree of sals in foreclo¬
Rutland.—Leased January, 1871, to the Vermont
consolidated March 1875

diocovered in these Tables.

Payable

1\
1\

.

1875

Rome, Watertown <£ Ogdensburg—Stock
1st sinking fund mort., Wat. A R
General mortgage, sinking fund
Rutland—Stock,

Sire,

$100 $19,714,285
100
4,333,948
500 Ac
875,000
500 Ac
875,000
500 Ac
875,000
500 Ac
875,000
500 Ac
875,000
500 Ac
875,000
500 Ac
860,000
500 Ac
860,000
500 Ac
860,000
500 Ac
860,000
500 Ac
860,000
500 Ac
860,000
500 Ac
2,000,000
1,000
100,000
1,000
1,000,000
1,000
1,000,000
167^2 1871
1,000
20,000 p. m
66
1869
1,000
1,800,000
62
1870
800,000
1871
1,124,000
116
100 Ac.
1871
2,300,000
52*2 1867-9 500 Ac.
700,000
500
Ac.
1870
52*2
350,000
500
Ac.
1871
5212
450,000
52
100
1,500,000
52
1876
500,000
1*000
11134 1869
2,500,000
71
100
770,000
71
500 Ac.
1872
486,000
67
100
2,000,000
44
1870
1,000
500,000
50
1862
100 Ac.
650,000
50
1864
1,000
350,000
1,500,000
isi
*i*o’o
7,000,000
181
1871
1,000
1,925,000
142
100
4,000,000
10
508,486
157,800
1.768.500
142
1874
1,092,000
49
500,000
29
1873
500,000
67,778
299,917
450,000
23
1870
175,000
1,000

guar

Special improvement stock, guaranteed...

2d

[February 24, 1877,

INTERE8T OR DIVIDENDS.

DESCRIPTION.

Rensselaer dk Saratoga—Stock
1st mortgage, consolidated (for
Richmond <£• Danville—Btock
State sinking fund loan

BONDS

great favor bjr giving Immediate notice ot any error

a

Mortgage bonds
Reading dk Columbia—1st mortgage,

AND

STOCKS

A A. N.Y.,Office 20Nassaust
N. New York or London.

do
O.
D. New York,
do
D.
do
A

J. A J.
M. A 8.

do

Co.’s Office.
do
do

Aug. 1, 1892
May 1, 1897
April 1, 1914
June 1, 1897
June 1, 1897
Jan. 1, 1891

N.Y.,Nat Bkof Com’rce July 1, 1895
do

do

Sept. 1. 1904

Terms modified in July, 1874.
Default
rental, and lease again modified. (V. 21, p.
185, 490; V. 22, p. 209; V. 23, p. 110.)

Central.
made

on

SI. Joseph & Denvei' City.—The road was sold in
foreclosure Nov., 1875, and re-organized under two

companies, the Eastern Division becoming the
St. Joseph A Pacific, and the Western Division the
Kansas & Nebraeka. Bonds are now being’ issued;
viz.: $1,900,000 of first mortgage, and $1,200,000
second mongage on each road.
The interest is
payable only if earned, during the first five years.
The land grant of 300,' 00 acres has been discon¬
nected from the railroad, and nnder the direction of
trustees will be managed for the benefit of the
holders of the land scrip of $2,250,000; this scrip
may be exchangedfor lands, at the rate of ten dol¬
lars per acre, until May, 1878. Consolidation nnder
the name of St. Joseph A Western Is proposed.
See V. 23, p. 182.
(V. 21, p. 40, 418; 442, 505; V.
22, p. 234, 297, 415.)
St. Louis, Alton & Terre Haute.—The main line—
Terre Haute to h.St. Louis—was leased June, 1867,
for 90 years, to Indianapolis A St. Louis at 30 per
cent of gross earnings up to $2,0u0,000 (but in no
year to be less than $450,000).
in 1875 gross earn¬
The
ings were $1,019,837, against $1,254,136 in 1874.
Belleville Branch and Extension earned net in 1875,
$103,661. Committees’ report against Tilden ana
others, purchasing committee, V. 23, p. 206. (V. 20,
380, 546. 571; V. 21, p. si; V. 22, p. 331.)
St. Louis, hvn Mountain <6 Southern.—Consolida¬

p.

Gross earnings, 1875, $3,802,941; net,
$1,613,923. In March, 1875, the company issued a
proposal to fund three coupons on all bonds except
the old firsts, which was substantially accepted,
but coupons due Nov.. 1876, and subsequently are
paid only in part; see statement, V. 23, p. 452. (V.
20, p. 244, 616: V. 21. p. 614; V. 22. p. 209, 326.)
St. Louis, Kansas City dk Northern.—Half the stock
is pref., 10 per cent yearly, but not cumulative.
Gross earnings in 1875, $2,643,833; net, .$547,279.
Floating debt, $1,686,772, to be retired with second
mortgage bonds. (V. 21, p. 160; Y. 22, p. 542; V»
23, p. 295, 379; V. 24, p. 90.)
tion in 1874.

RAILROAD STOCKS AND

Febrnary 24, 1877.]

BONDS.

XXTil

Sabifribert will c«nftr a great faror bj giving Immediate notice of any errors
DESCRIPTION.

Milan

.

i

at head of first page

of tables.

Date Size, or
of
Par
of
Road. Bonds Value. <

$....
St. L.dk S.Francisco.—lBt M. (So. Pac.), g., (I’d gran
1st raort. (Cent. div. At. & Pac.), gold
do
do
do
land grant....

Equipment bonds

1868

....

1871
1871

•

Land debentures
St. Louis dt Southeastern—1st M., gold. conv. s.

’

I’d

$475,

Sandusky Mansfield dt Newark—Re-organized s
1st mortgage, new.
Savannah dt Charleston—C. & S.„ guar, by S. C
Funded int. bonds, S. & C. RR., guar, by S. Car...
1st mortgage, Savannah ^Charleston RR...

Somerset—1st mortgage,
South Carolina—Stock

Alabama.
Sterling mortgage, guaranteed by L. & N
Southern of Long Island— 1st mortgage (S. Side)...
2d mortgage S. Side (1st mortg. s. fund)
Mortgage bonds, Southern of L. I
Southern Central (N. Y.)—1st mortgage
2d mort. gold ($400,000 end. by Lehigh V. RR.).
Southern Iowa dt Cedar Rapids—1st mort., gold
Southern Minnesota—1st mortgage
2d mortgage
Southern Pacific (Cal.)—1st mortgage, gold
Southern Pennsylvania—1st mortgage, gold
Southwestern (Ga.)—Stock, guarant’d7 per annum
Company bonds, convertible into stock at par....
Springfield Athol dt N. E.—1st mortgage
Sterling Mountain (N. Y.)—1st mortgage...,
Stockton dt Copperopolis—1st mort., (guar, by C. P.)
Syracuse Binghamton dt N. Y.—Stock
2d mortgage
Summit Branch (Pa.)—Stock
-

1st

Sept. 8, 1876. The stock is. $1,400,000 old on Cent.
Division; $4,500,000 new 1st pref.; $10,000,000 pref.;
and $0,500,000 com. The Atl. & Pac. was a consoli¬
dation in 1870, of the Atlantic & Pac. and So. Pacific.
The land grant amounts to some 1,000,000 acres.
Interest was passed Jan., 1874, and afterwards, and
the road finally sold in foreclosure Sept. 8, 1876,
under the 2d mortgage. (V. 22, p. 61, 352, 374, 471,
589; V. 23, p. 85, *32, 278, 352, 4:8.)
St. Louis & Southeastern.—In default and In hands
of receiver. See report at length in V. 22, p. 18 9.
(V. 22, p. 8->, 18©, 591; V. 23, p. 549.)
8l Louis, Vandalia dk Terre Haute.—The com.
stock is $2,383,315; pref., $1,451,700. This road is
leased to Terre Haute & Indianapolis at 35 per cent
of gross ear ings. In 1876 gross earnings, $1,085,248.
Bonds guaranteed by Terre Haute A Indianapolis,

by Columbus. Chicago & Indiana Central, a id Pitts¬
burgh Cincinnati A St. Lonia. (V. 24, p. 1 lO.)
St. Paul dk Pacific, First Division.—1The bonds of
the Firpt Division of the St. P. A P. RR. Co.

are

nearly ail held in Holland. The third mortgage of
$6, 'Ou.O)0 ha the additional security of the $1,50),OOQ first mortgage bonds held by its trustees. De¬
fault has been made in the payment of interest since
June, 1872, on all the issues cxceot the first and
second mortgages oii Branch Line.' Suits of fore¬
closure under the m
rtgag s are in progr as, and the
railroad and property or the company have been
taken possession of by the trusses under the mort¬
gage deeds. (V 22. p. 88, 159, 209, 281; V 2<,p. 379.)

St. Pml & Pacific —The road is In hands of Re¬
ceiver of U. S. Court, and the bonds are all held in
Holland. The mortgage is being foreclosed. (V.

23, p. 2:33, 428 )
St. Paul dfc Sioux City.—This company has 756,992
of land unsold. In 1 75 $ ,920,000 mort. bonds
were made, and are mostly deposited as security
f or the stock—at par for consol, stock, and at 119 per
$ 103 on pref. (V. 20, p. 5 44, 546; V. 22, p. 4 7U.)
acres

V

1869

r




1,000
50
100

1,000
1,000

....

....

....

’'

1871
1864
1871
1869

122
124

1871
1871
1871

....

1865
1868
....

50
500 Ac.

1868
1868
1872
1866
1868
1870
1873

Various

1867
1870
1874
1869
1872
1870

1868
1868
1875

.

.

.

....

Oct., 1876

1,000,000
200,000

1,629,000
1,628,020
500,000

1,240,000
450,000
5,819,275
1,483,777

100

7
30
81
81
20
20

1865
1875
1875
1867

500 Ac.
100

1,000

1,000

64,000

600,000
1,500,000
3,340,000
1,252,000
19,984,000
625,000
3,892,300

50

416,000
350,000
500,000
2,000,400
270,000
4,125,000

....

800,000

Sioux Ci'y & Pacific.—For year ending June 30,
1874. gross earnings'were $319,319, and net earnings
$56,115. Pays 7 p c. on pref. stock $163,800, sorhiannu tlly. A. & O.
(V. 22, p. 515, 599J.
Sioux City & St. Paul. —There ape hmo $502,003 2d

April, 1891

do

1880 and 1892
Jan. 1, 1890

Y., Drexcl, M. A Co.

London, Baring Bros.
N. Y., Gallatin Nat, B’k
do
do
do
do
N. Y., Vermilye & Co.
do
do

N. Y., P. M. Myers & Co.
do
do
N. Y., C. P. Huntington.

Mar.' 1,* 1887
May 1,
Nov. 1,
Aug. 1,
Mar. 1,
May 1,

1900
1879
1899
1882
1900

1878 to ’88
1890

Savannah,Cent.RR. Ga.

April 1, 1905
Mar. 1, 1900
Dec 30, 1876

Macon.

1886

Boston, Eliot Nat. Bank July 1 ,*83 to’93
1885

Now York.

Y., Central Paciflo. January, 1905
N.Y., D. L. A W. RR. Co. Dec. 15, 1876
do
do
June, 1887
Philadelphia & Boston. Feb. 16,1877
Jan. 1,1904
Boston, N. If. & Phila.
N

Annual

operated by the Louisville & Nashvil e, which guar¬

antees the bonds.

Schuylkill Valley—Leased to Philadelphia A Read¬

Selma, Marion dk Memphis — Defaulted 1872. Re¬
(V. 19, p. 366; V. 22, p. 487.)
Selma, Rome dc Dalton —This was formerly the
Alab ima A Tennessee River. Interest in default,
and road to be sold.
(V. 19. p. 43.)
Shamokin Va ley db Pottsviie.— Leased February.
186 i, to Northern Central,at7per cent on bonds and
6 per cent on stock.
S'leboygan & Fan da Zac.—Went to default, 1873.
A funding plan was offered.
Shenango & Alleghany— Leased to Atlantic &
Great Western, and ** rental trust bonds” issued.
Gross earnings 1375, $201,039; net. $114,699.
Shore Line.— Leased to New York & New Ilaven
at $i00,0 >0 per year.
Old stock was exchanged for
new in July, 1873.
(V. 21, p. 63.)

Charleston,

South A North Alabama.—This road is leased and

19, p. 366 )

ceiver, May, 1J76.

N.

1882 to ’88
1882 to ’88
Oct. 1, 1902

report in V. 22. p. 398.

V. 21, p. 16; V. 22, p. 615.)
Savnnah
Memphis —Defaulted after the crisis
of 1873. A funding proposition was offered. (V.

earnings year ending
March 1, 1875, $181,152. Report V. 21, p. 276.
Selma dk Gulf-The proposed line was Selma to
Pollard. 100 miles. Interest in default.

London.
New York,
do

June, 1891
May, 1871

$443,574 (a decrease of $66,851 from 1874.)

Sandusky, Mansfield dk Newark.—This road is one

of the Baltimore A Ohio system; it is leased to the
Central Ohio, and the lease guaranteed by Baltimore
& Ohio. (V. 19, p.584)
Savannah dk Charleston.—Interest in default. Road
in hands of State Comptroller. (V. 20, p. 453, 491;

ing, with 10 per cent dividends.
Seaboard dk Roanoke.—Net

Nov.V

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

399,000
100 Ac.

Oct.'1,Vi

IstN. Bk., Sandusky, O.
875
J. N. Y., Union Trust Co.
July,. 1902
S. Charleston, 1st Nat. Bk. March. 1,. 187T
New York,
S.
Sept. I, 1899
Jan.
1889
do
J.
N. N. Y.,Lancaster, B. A Co. May 1, 1890
J.
Jan., 1877
Philadelphia, Oftiee
Nov. 1, 1876
N.
1880
J. N. Y., Imp. & Trad. Bk.
Jan. 1, 1890
New York.
O.
New York.
S.
Sept. 1, 1889
Jan. 1, 1872
New York, Office,
J.
Jan. 1, 1864
do
do
J.
do
do
O.
April 1, 1887
A. Philadelphia,Treasurer
Feb., 1877
do
do
J.
July, 1901
D. N. Y., City Nat. Bank.
June, 1884
do
do
O.
October, 1896
O. N. Y., N.Bk. of Com’rce
April 1, 1880
J. N. H„ Nat. N. H. Bank.
Jan., 1877
do
do
S.
Sept. 1, 1880
Jan. 1, 1898
J. N. Y., Nat. Park Bank.
J. U.S. Treas., at maturity Jan. 1, 1896
N. N. Y., Metropol. N. Bk.
do
do
N.
1981

q:-f. Charleston,s'wiRR.B’k

959.500
917,000

1,500,000

i871

....

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

800,000

1,000

A J.

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

750,000

500 Ac.
500 Ac.
500 Ac.

4812

....

Q.—J.
J.

869,450
1,994,000

391,000
5,355,000
750,000
1,500,000
500,000

,

1897

St. Paul, Office;

1,000

....

Jan. 1,

May 1, 1898

1900
1901

1,096,500

500 Ac.

do

do
do

'

1,000
1,000

do

A D.
A J.

J.
J.

1,500,000
15,000,000
2,081,800
2,400,000
1,050,356
2,301,000
505,000
111,800
500,000
16,000 p.m.
576,050
1,278,400
210,000
16,000 p.m.
16,000 p. m.

500
100

100 Ac.

Y., Third Nat. Bank,

Aug., 1902
July 1, 1897

1898

500
.

do
do

do

694,000

i’oo

1884
Nov., 1894

M. A N.

500*

1,000
1,000

June 1,
Jan. 1,

Y., G. Opdyke & Co
do
do

1901
1885

Nov. 1,

5,700,000

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

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

July, 1888
Nov., 1891

1,700,000

838.500
241,000
3,000,000

....

28
45
40
32
50
50
105

mortgage bonds

St Louis, Lawrence dk Western.—To be sold in
foreclosure Feb 24, ’77. (V. 23, p. 403; V. 24, p. 112.)
S'. Louis dk. San Francisco.—This is the re-organi¬
zation of the Atlantic & Pacific, sold in foreclosure

500
100 Ac.
500

....

i.870

183
183
57
57
69
116
116
87
170
170
600
24
257

50

1,000

....

50
100
100

.

.

....

"40

242
242
242

100
.

....

do
do
do
do

do
do
do
do

1881
1892
1892
1892
1894
1894

1,000
1,000

....

N.Y., Nat Bk of Com’rce
N. Y., Trask A Stone,

do
do
In default.*
do
do
do

1870
1871

Stocks—Las
Dividend.

N.Y.,J.S. KennodyA Co

220
140
121
121
116
116
101

250 Ac.
250 Ac.

A
&
&
A
&

Bonds—Prlnoi

pal, When Due

A S
& J
A D.
AD.
F. A A.
M. & N.

250 Ac.

1,000
1,000

A J.
A N.
1901
& D.

Where Payable, and by
Whom.

Q-J

1,000

1868

....

1st mortgage, sterling loan
do
dollar bonds (L)
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. d No. Alabama—1st M., endorsed by

•

*

210

"28

gold

M.
J.
J.
J.

•

*

1,500,000

Seaboard d Roanoke—Stock

mortgage, gold, on road and lands
Sheyboyyan dt Fond du Lac— 1st mortgage
1st mortgage extension..
Shenango dt Alleghany—1st mortgage
Shore Line (Conn.)—Stock
1st mortgage, construction bonds
Sioux City dt Pacific— 1st mortgage
2d mortgage (government subsidy)
r.
Sioux City & St. Paul—1st mortgage, gold, I’d grant
1st mortgage, currency, for $2,100,000

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

•

*

1,000

40
23
80

1st

M.
F.
J.
J.
M.

•

*

250 Ac.

Schuylkill Valley—Stock

Shamokin Valley dt Pottsv ille—Stock

400,000
3,250,000
500 Ac. 21,000 p.m.
1,000
1,000,000
1,899,000
1,000
1,000
2,600,000

•

1864

ioi

Ala..

J.
M.
In
J.

1862
1862
1862
1865
1864

1869
1853
1868
1869
1870

When

Payable

cent.

7,188,500
1,189,000
795,000
753,000

10
76
76
76
150
150

Savannah & Memphis—let mortgage, end. by S
1st mortgage
Selma <£ Gulf— 1st mort.; guar, by Alabama
Selma Marion dt Memphis—1st mort., end. by
Selma Rome dt Dalton— 1st mortgage
2d mort., Alabama & Tenn. River RR
General mortgage for $5,000,000

1874
69-71
1872
1867
1867
1868

Amount

Outstandingt
$1,020,000

500 Ac.
500 &c.

*

158

Pacific—First Division—

St. Paul dt Pacific—1st mortgage bonds
St. Paul dt Sioxix C.—Pref. stocic, (Div. on
Common stock

*

.

£ (1st M., 10 miles, St. P. to St. Anthony.... ..
2d M., St. Paul to Watab. ($700,000).
3d M., land gr’t, St. P. to Watab. ($1,200,000)
Consol, land gr’t
do
($2,800,
1st M., St. Anthony to 150 miles west
60m. more with 1. gr. ($600,000)
th M., St. P. to Breckenridge, 2d on
150m. ($3,000,000)

•

210
420
98
158

fui

Consolidated mortgage, gold, sinking fund
Evansville Henderson & Nashville, 1st mort...
St. Louis Vandalia <P Terre Haute—1st M. s. f. gui
2d mort., sink, fund ($1,600,000 guar.)

St. Paul dt

21)3

discovered In these Tables*

INTEREST OR DIVIDENDS

-

Preferred stock, $1,500,000.

Sou'hem of Long Island.— This is successor of
South Side, and operated with F.nshi- g N. Shore 4e
Central under one management.
There are also
$69,000 6 p c. mortg. bonds on Rockaway Branch,
and $64,300 7 p. c. on Southern Hempstead Branch.
Southern Cen tral.—Forms an extension into New
York Stite for Lehigh Valley, which company endorses $400,000 of second mortgage bonds.
Smth Iowa Jk Cedar Rapids.—In progress. Ot¬
tumwa to Cedar Rapids, la.
Southern Minnesota,—Sold and re-organized. Land

grant is about 1,790,003 acres. (V. 20. p. 63, 291,
V. 21, p. 78; V. 23, p. 62; V. 24, p. 11.)

571;

Southern Pacific (Cal.)—This road is in p-ogress;
built bv a Construction Co., and controlled by Cen¬
tral Pacific parties. The stock paid in is $27,227,200.
In 1875 6, on 392 miles operated, the gross earnings
were

gold.

$2,169,839 gold, and net esrnings, $1,020,509,
(V. 2-2, p 281, 375; V. 23, p. 304 )

Southern Pennsylvania,—This is a mining and rail¬
road company, re-organized in 1872 after forec osure
under s c >nd m >rtgago. The road is leased by the

Cumberland Valley.
Southwestern Georgia.—Leased to
Dividends 8 a year to every 10 per

.

Central Georgia.

cent on Central

Georgia stock, but 7 per year guaranteed.

“Tri¬

partite” bonds issued; see Central Georgia.
Springfield, Athol dk Northeastern.—Net earnings;
1374-5 $37,403. (V. 21, p. $99).''
Sterling Mountain.—Cost of road and equipment,
$502,468. Net earn ings 1872-3. $ 15,673.
Stockton dc Coppeivpo'is.—Defaulted July, 1874,
and uld bouds of $1,000,090 exchanged for present!
(V. 21,-p. 159. 16", 316.)
Syracuse, Binghamton dk New Yoi'k.—Operated by
,

bonds, $115,00) equipment, and $286,600 in¬
bonds. Net earnings in 1875 were- *75,746.
Lands unsold, 515,215 acres. (V. 23, p. 544: V. 22,
p. 5 68.)
Somerset.—This roid is leased to Maine Central. | Del. L. & W. Dividend in 1875 4 per cent.
Summit Branch.—-This is a coal road, and leases.
South Cirolina—G ross earnings in l'sf.d, $1,239,Lykens Valley. Net earnings in 1875, $498,841.
302; op.-ratiug expenses, $730,727; net earnings,
mort.

come

RAILROAD

XXV 111

Sub«erlberi will confer

a

1st

10

24
35
35

mortgage, consolidated

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

1874

1,000
500 Ac.

*2^

Troy Union—1st mortgage, guaranteed, Troy City.

29

1871

1,000
1,000

100
100

General mortgage, coupon
United Co.’s mortgage, sinking fund, registered..
do
sterling loan mortgage, sinking fund
do
do
do
do
~
do
do
dollar loan, mortgage
do
bond to State of New Jersey
Joint Co.’s mortgage, sterl’g, s. Id. (.£138,500)
do
plain bonds
do
do
do
consol, mort. (sink’g fund after 1880)
N. J. Hit. & T. C«j., 2d loan (now 1st), plain.
do
do
3d loan due State of N. J
Utah Central—1st mortgage, gold
Utica d Black River—Stock
1st mortgage bonds of July, 1808.

1871
1871
1871
1871
1871
1871

1,000

1,000,000

100

19,890,400
5,300,000
2,000,000
1,840,000
1,800,000
154,000
500,000

1,000
■

1802
1808
1808
1870

1,000

1,000
100

1808
1871
1872
1873

1,000

3,000,000

Bonds, guaranteed by Vermont Central
Missisquoi Railroad bonds

1871
1871
1800
1800

Vermont Central— 1st mortgage, consolidated
2d

mortgage, consolidated
Equipment loans
Stanstead, S. A Chambly bonds

1860-1
1807
1872

Income and extension bonds (to pay float’g debt).
Vermont <C Massach it set Is- Stock.
1st mortgage (sinking fund $7,000
per year)
Convertible bonds
do
do

Vicksburg <£ Meridian—1st series (red.endorsed)
2d series (blue endorsed)
3d- do (black endorsed)
4th do (not endorsed)
Special loan, funding mortgage
Wabash—1st mortgage (Toledo A Illinois)
let mortgage (Lake Erie, Wabash A St. Louis)
1st mortgage (Great Western of 1859)
1st mortgage (Quincy A Toledo)
let mortgage (Illinois A Southern Iowa)
2d mortgage (Toledo A Wabash)
2d mortgage (Wabash A Western)
2d mortgage (Great Western of 1859)
Equipment bonds (T. A W.)
Consol, mort., (on all but Decatur A E. St. L.)
1st mortgage, (Decatur A East St. Louis)

140
140

140
140

Texas Western.—'This narrow-gauge
progress. (See V. 23, p. 119, 152, 526.)

road is in

Warsaw.— Interest in default
Fassed into receiver's hands
December, 18r3.
February, 1874. Foreclosure suits commenced 1875.
(V. 21, p. 160, 372, 505, 592, 614; V. 22, p. 159, 297; V.
23, p. 256.)
Toledo Tifiin & East.—Soli in foreclosure July,
1876. (V. 23, p. 63.)
Troy «fc Boston.—With leased roads forms a line
from Troy, N. Y., to North Adams, Mass. In 1873 74
gross earnings were $530,310; < peratingexpenses,
$883.c79. There are a few of old 1st ana 2d mort¬
7blelo, Peoria &

Ac.
Ac.
Ac.
Ac,
Ac,
Ac.

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

100
100 Ac.
500
'

1,000
500 Ac.

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

1,000
1,000
1,000

1865

1,000
1,000

1862
1858

250 Ac,
100 Ac.

1858
1859
1863
3 867
1869
1855
1870
1875

d-ue

500
500
100
100
500
100

1,000

1805
1&39
1872
1860
1806
I860
1800
1871
1853
1853
3 863

Warren (N.J.)—Stock
2d mortgage
1st consol, mortgage

Texas & Pacific.—A full account of the company
given in the annual report in Chronicle, V. 23,
p. 206. Gross earnings, 1875-6, $1,564,624; operat¬
ing expenses, $891,882; net earnings, $672,742. (V.
20, p. 63; V. 21, p. 229, 324; V. 22, p. 536, 607; V.
98, p. 160, 206.279.)

6 g.
0
6 g.
« g-

6
7
« g0
6
6
6
7

070,340

,

Is

2^

1,700,000
800,000
5,000,000
450,000
100,000
1,000,000
1,770,720
200,000
912,000
1,500,000
3,000,000

Vermont <C Canada—Stock

$291,275.

7
7
6
7
2
6 g6
8
7
8 g.
g0

7,500,000
2,400,000
1,000,000

£200
1,000

-

Mortgage bonds, 2d issue
Utica, Ithaca <6 Elmira*- 1st mortgage, sterling
Valley (Va.)

Terre Haute tfe Indianapolis.—Groes
earnings,
1874-5, $1,011,570; expenses, $720,291; net earnings,

4
-

1,000
100 Ac.

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

150,000
717,500
850,000
145,000
1,162,700
217,400
900,000
2,500.000
2,496,000
500,000
300,000
1,000,000
1,500,000
2,500,000
000,000
2,610.000
2,700,000
1,800,000
750,000

—

600,000

g g-

3
•7
7
7 g.
•

e-

•

• •

2*2
6
7
7
7
7
7
7
8
7
7
7
7
7
7
7
7
7
7
7

3^
7

7

Abstract of last report V*
22, p. 2Z7.
annual report gives
The
no
general balance sheet nor income account. Divi¬
dends at 6 per cent per year were begun in July,

and increased to 8 per cent October. 1875. The
United States Attorney-General has a suit pending
for $1,040,056 against the company as 5 per cent of
its net earnings. (V. 21, p. 64, 105, 245, 302, 372, 467,

536; V. 22, p. Ill, 182, 234, 25T, 400, 415, 472, 545;
V. 23. p. 104, 112. 208, 33?, 472, 59®, 623.)
Union Pacific Central Branch.—This was formerly
the Atchison & Pike’s Peak road.
Interest in de¬
fault. since November, 1873. Gross earnings 1874-75,

$113,519; expenses, $123,183. (V. 17, p. 588, 834; V.
20, p. 8, 314; V. 21, p. 612; V. 22, p. Ill, 545; V.23,
p. 159.)
United New Jersey Railroad & Canal

Companies.

—I he Camden & Amboy Railroad and branches,
Delaware & Raritan Canal, and New Jersey Railroad
form the United Companies of New Jersey. They
were leased to
Pennsylvania Railroad, Oct. 20, 187f.
at 10 per cent on stock and assumption of all lia¬
bilities. In 1874 the gross earnings were $10,<

21,488;

operating expenses, $7,098,449; net, $2,933,089, leav¬
bonds yet outs finding.
ing a loss to lessees of $31,161 after paying inter¬
Troy Union—A short road in Troy city. Bonds est
and dividends. The loans due in

gage

issued by city and guaranteed by several roads.

Tuckerton— From New Jersey Southern Railroad
to Tuckerton, N. J. Net earnings 1873, £7.759.
Union Pacific.—Gross earnings in 1874 weie $10,569,880; net earnings, $5,907,566; gross earnings in
1875 were $11,9)3.832. and net earnings $7,0D,784.
The percentage of operating expenses to gross
earnings was 41*54 per cent in 1875 and 44 05 per
cent in 1874.
Land sales in 1875, 111,^49 acres at
$3 66 per acre, or $404,462.
Total sales to Jan. 1,
1876, 1,082,893 acres for $5,336,044. Land notes and
contracts on hand, Jannary 1, 1876, $3,012.501.
The suit to recover for Government transportation

February and
April 1875, were paid off and bonds of 1871 increased
by $2,390,000, issued in London.
Utah

net

Central.—Salt Lake to

earnings

Utica

$491,571;
$106,149.

were

$20o,358.

Ogden.

In 1872-3

<fc Black River.—Gross receipts 1875-6,
expenses, $287,372; dividends disbursed,

(V. 22,

p.

207.)

Utica. Ithaca & Elmira.—The road was completed
November, 1875. The sinking fund is £30,000 yearly
from 1878.

(V. 21, p. 16; V. 23, p. 16.)
Valley (Fa.).—This road was built chiefly by sub¬
scription of Balt. & Ohio RR., Baltimore city, and
was decided by the United States Supreme Court
Virginia counties. Operation of the road by Balti¬
in favor of this company. Nov. 29, 1875. includ¬ more & Ohio was discontinued, and temporary lease
ing the important ruling that interest on the Gov¬ made to Shenandoah Valley Railroad. (V. 20, p, 16,
ernment loan is not payable till the principal is 453; V. 21, p. 396; V. 22, p. 463, 550, 591, 607.)




Payable
J. A J. N.Y
A. A O.

Payable,
and by
Whom. '

Bonds—Princi¬
pal, When Due.
Stocks— Last
Dividend.

.,Farmers’L. A T.Co. Sept. 15, 1876
do
do
Julv, 1879

1893

....

M. A S.
J. A D.

Phila., N.York ALondon March 1, 1905
do
do
June 1, 1905
July. New YorkA Philad’phia Jan. 1, 1915
J. A J. N. Y., Farm. L. A Tr.Co

Jan., 1870

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

A
A
A
A
A
A
A
A
A

A.
D.
0.

New

York, Co.’s office.

do
do
do
do

N.
D.

do
do
do
do

0.
A. Troy, Company’s Office.
J. N. Y., Nat. B’k of Com.
S.
do
do

Feb. 1, 1896
Dec. 1, 1894

April 1, 1886
May 2, 1910
June 1, 1901

April 1, 1902
Feb. 1, 1877
1894
1832
•

....

A. A 0.

Phila., Safe Deposit Co.

Q.-J.

1910

April 1,

New York and Boston.
Jan. 1, 1877
J. A J.
"do
do
1896 to 1899
U.S. Treas., at maturity.
M. A S. New York and Boston. Mcb. 1, 1894
A. A O.
do
do
1887
A. A O. London, L. A S. Fr. Bk.
April, 1896
M. A N. N. Y., Company’s Office.
May 1, 1895
U.S. Treas., at maturity. 1896, ’97, ’98
Q.-J. Phila. and N. Y. Offices. Oct. 10, 1876
M. A S.
Meh. 1, 1901
Philadelphia, Office.
A. A O.
do
do
Oct. 1, 1894
M. A S.
London.
Mcb. 1, 1894
M. A S.
do
Meh. 1, 1894
F. A A.
Feb. 1, 1888
Philadelphia.
Due 90 days after denuind.
F. A A.
London.
1880
F. A A.
Feb. 1, 1878
Philadelphia Office.
J. A D.
Princeton. N. J.
Jan, 1, 1889
M. A N.
Nov. 1, 1889
Philadelphia Office.
F. A A. N. Y., B’k of Commerce.
Aug. 1, 1878
A. A O.
do
do
Overdue.
J. A J.
Salt Lake City.
Jan. 1, 189#
J. A D.
Utica.
Dec., 1876
J. A J.
Utica and New York.
July, 1878
J. A J.
do
do
July, 1891
J. A J. London, H.S. King A Co. Jan.
1, 1902
....

....

Baltimore.

•

4
8
7
7
7
8
7
8

1896-99.

in

Where

—

7
7
7
7 '
7
7

14,157,000

1,000

When-

....

080,000
408,000
30,745,000
27,230,112
27,230,512

100

1874
L 807-1
1871
186G

7 g.

050,000

500 Ac.

1,038

1st mortgage, gold, on road and equipment.'
1,038
2d
do
(government subsidy)
3d
do
on road (2d on land),
sinking fund. 1,038
Land grant bonds on 12,000,000 acres
Omaha bridge bds, st’g, (s.f. about $50,000 yrly).

Union Pacific, Central Branch—1st mort., gold
2d mortgage (government
subsidy)
United N. J. lilt. <£ Canal Companies—Stock

800,000
1,428,000
0,550,000
5,032,000
10,000 p.m.
3,000,000
1,700,000
1,000,000
1,800,000
1,000,000
1,300,000
1,500,000
250,000
801,000
1,009,000
1,384,000

100

Convertible bonds
Tuckcrton—1 st mortgage
Un ion Pucific—Stock

800,000

UK)
100

227

5
7
7
6 g.
6 g.
7

$1,988,150

1,000
1 '000
1,000

I860
1804
1800
1870
1871
1872

Rate per
Cent.

Outstanding

*ioo

Uti^

mortgage (Burlington Div.)
Toledo, Tiffin <1 East.—1st mortgage
Troy dt Boston—Stock

Amount

$50
1,000

1809
1873
1875
1875
1875
1870

ll(»i2
11034

mortgage (for $0,200,000)

or

Par
Value.

.

44-1
414
444
50
247
247
247

1st preferred
2d preferred
let mortgage (W. Div.)
let mortgage (E. Div.)
2d mortgage (W. Div.) convertible

let

Size,

Indianapolis—Stock

Bonds ot 1873 (for $1,000,000)
Texas & Pacific—1st mort., gold, coup.($8,000 p.m.)
2d moit., consol., gold, coup. ($17,000 p. m.)
Income and land mort., reg. (7,000,000 acres)
Texas Western—(Narrow g.)—1st M., 1. gr., gold
Toledo, Peoria <£• Wavsaiv—Stock

1st

[r ebraary 24, 1877.

INTEREST OR DIVIDENDS.

Date
cOf

mortgage

Consolidated

BONDS.

AND

great favor by giving Immediate notice ol any error discovered in these Tables.

DESCRIPTION.
Miles
For explanation of column headings, Ac., see notes
of
at the head of tirst page of tables.
Road.
Terre Haute <t

STOCKS

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
F. A
F. A
P. A
M. A
F. A
M. A
M. A
M. A
M. A

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

Boston, E. Blake A Co. June 1, 1872
Boston,Nat.Bk.of Redm July 1. 1891
Boston, Globe Nat. Bk. Jari. 1, 1891
Boston,Nat.Bk of Redm Nov. 1, 1886
do

do
do
do
do

do
do
do

Boston, Office.
do
do
do

Phila

,

do
do
do

Girard Nat. B’k.
do
do
,

Phila., Girard Nat. B'k.
do

do

do

flo
N. Y., Office of Co.

A.

do
do

do
do

N. N. Y., Metropolitan B’k.
A.
do
do
N.
do
do N.
do
do
N.
do
do
N.
do
do
Q--F. New York, Office of Co.
F. A A.
do
do
A. A O. N.Y., Del., L. A W. RR.
A. A O.
do
do
M. A S.
do
do

1891

1876 to 1889
Jan. 1, 1887
1902
Oct. 7, 1876

July 1, 1883
July 1, 1879
July 1. 1885
Jan.
Jan.
Jan.
Jan.

1,
1,
1,
1,

1890
1890
1890
1890

1880

Aug. 1, 1890
Aug. 1, 1890
Aug., 1888

Nov. 1, 1890

Aug. 1, 1882

Nov. 1, 1878
Nov. 1, 1878

May 1, 1893
May, 1883
Feb., 1907
Aug., 1889'
Oct,, 1876.
1900
1905

Vermont &

Canada.—Under lease to Vermont
Central, and proposed to be sold to same for $3,000,000 in 6 p. c. bonds; but still in
litigation (V. 19, d.
40, 504; V. 20, p. 16, 141, 419, 445, 468, 492; V. 21, p;

442; V. 23, p. 500, 623.)

Vermont Centrar.—In 1872 the Company went to
on interest,
and has since been in numerous
complications. A new corporation under the name
of Central Vermont has been
formed, with $2,000,000
paid-up capital, and assumed obligations of the old,
Vermont Central.
Foreclosure in progress on
default

2d mortgage. The plan for
in V. 23, p. 370.
(V. 20, p.

re-organization is given
16,141, 186, 314, 358, 492,
547, 594, 616; V. 21, p. 33, 245, 418, 490; V. 22, p. 110,.
539; V. £3, p.40,370, 623.)
*
*
Vermont & Massachusetts.—'This road is leased to
the Fitchburg RR. Co. for- 999 years,
commencing
Jan. 1, 1874; they paiying interest on the debt and 4
per cent on the stock for the first two years, 5 per¬
cent the next two years, and 6 per cent, for the re¬
mainder of the lease, exclusive of all taxes.

Vicksburg <£ Meridian.—Net earnings year end¬
ing March 1, 1876, were $194,099. Coupons aT» paid
2 per cent cash, balance scrip.
Coupons of July,
1874, and April, 1815, were passed.
(V. 20, p. 591;
V. 21, p. 207; V. 23, p.
2.)
*

Wabash.—This is the Toledo Wabash & Western,

re-organized after the sale, June 10, 1876, under
consolidated gold mortgage of 18*3. The scheme
for funding coupons under new plan is in V.24,
p.80.
Operations of Tol. W. & W. for four years com¬
pared as follows:
Gross
Operating
Net
expenses.
earnings.
earnings.
1975-6
$4,234,214
$3,519,764
$714,450
1873
5,738,807
4,4G7,S78
1,331,42®
1972
6,008,978
4,365,144
1,613,834
1871...
5,736,666
8,776,828
1,959,838
(V. 22, p. 16, 63,160, 301/353, 379, 526, 549, 599,
616, 647; V 21, p. 40, 80.)
Warren (N. J.).—Leased to Delaware, Lackawanna
& Western at 7 per cent on stock and bonds. Net
earnings in 1875, $211,056.

sixm

a asa

BAILROAD AND CANAL STOCKS AND BONDS.

February 24, 1877.]
Subscriber* will confer

a

great favor by giving immediate notice of any error discovered In tbese Tables.

DESCRIPTION.
For

explanation of column headings, do., see notes
at the head of first page of tables.

Walkill Valley (N. P.)—let mortgage

Washington City, Va. Mid. <6 Qt. Southern—Stock...
2d mortgage, O. & A. RR
1st and 3d mortgage, O. & A. RR
4th mortgage, O. & A. RR
Funded interest, O. & A. RR
1st mortgage, O., A. & M. RR
Gen. mort., gold, Wash. C., Va. Mid. & Gt. Soiitk’n
Lynchburg & Danville, 1st mort., guar., coup
Westchester A Philadelphia—Preferred stock
.

1st

mortgage, new

West Jersey—Stock
Loan of 1883, guaranteed by Camden & Amboy..
1st
1st

Miles ofr ad can’l

or

.

1st mortgage, unendorsed
2d
do
endorsed by Baltimore
2d
do
endorsed by Washington
2d preferred mortgage, unendorsed
3d mortgage, guaranteed by Baltimore
for Baltimore City stock
4th
do
Western Pennsylvania—1st mortgage
1st mortgage, Pittsburg Branch
General mortgage
Williamston A Tarhoro—1st mortg.u e

Coimty

..

1871
1855

100

1858
I860.

....

....

•

-

....

336

"27

100 &c.
50
500 &c.
500 &c.
500 &c.
500 &c.

•

•

.

1871
....

•

1861
1866
1869
1871
1872

60
38
63

172
32
204
138
116
44
160
90
90
90
90
90
90
90
57
28

1,000

1873

1,000

....

....

1866
1870

1858

....

....

1867

...

....

1868
1870
1872

1,600

1863
1865

500 &c.
100 &c.

_

*

1870
1870

188

•

•

*

*

*

500 &c.

•

'ioo

181
181

....

....

do
....

Bonds ($125,000 are 7 per cent)
Bonds
Bonds
Nashua a Rochester—Stock
do
do
1st m., guar,

CANAL*

1871

300
45

ioo

....

....

•

1873
1875

....

(for $700,000)

Chesapeake A Delaware—Stock
1st mortgage (originally $2,800,000)
Chesapeake A Ohio—Stock
Maryland loan, sinking fund

48
48

1874

14
14

1856

Guaranteed sterling loan
Bonds having next preference
Delaware Division—Stock

registered
1st mortgage, registered, railroad
Mort. loan, g. ($2,310,000 assumedC. RR. of N. J.)
1st mortgage,

500 &c.
50
Vario’s
25

1858

1,000
100

....

1867
1869
1871

153

Loan, conv., coup., gold (assumed L. & W. Coal Co)

1873

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

1874

1,000
50

....

....

1,000

....

....

....

....

....

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

....

....

extension, convertible till December, 1877.

Consolidated mortgage loan
Greenwood mortgage, registered

83
83
103
103
103
103

1st mortgage

Morris—Stock, consolidated..
Preferred stock.
New mortgage (for $1,000,000)
Boat loan
Preferred stock scrip dividend

Wallkitt

Valley.—This road

•

foreclosed under
November, 1875. (V.

was

second mortgage and sold
21, p. 442; V. 22, p. 42, 2)9.)
a

Washington City, Virginia Midland A Gh'eat South¬
ern.—Gross earnings year ending Sept. 80, 1875,
$1,033,980; expenses, $672,367; net earnings, $401,'
612.
The company has been assisted by Balt. & O.
The 1st and 3a mortgages, placed together, were

originally $409,003 1st

6s, and

of which have been

$600,000 3d

1872
1871
1872

....

....

Monongahela Navigation Co.—Stock

,

.

....

"50

.....

and reg
Lehigh Coal A Navigation—Stock

.

•

....

60
60
148
148
148
148

1st mortgage

•

....

*

Delaware A Hudson—Stock.
1st mortgage, registered
do
do
do
do
Debentures of 1878
Mortgage loan of 1894, coup

•

..

....

....

•

•

1,000
....

.

.

.

6
6 & 8
8

"l
7 g.

526.500

4*

821,300
1,100,000
1,359,750
400,000
1,000,000

7
4
6
6
7

1.000,000
4,000,000
640,000

1862

1,000
100
100

■

..

1876
1865

1869

920,000
750,000
600,000
1,200,000,

200,000
400,000
300,000
300,000
600,000
875,000
1,000,000
800,000
1,000,000
1,200,000
350,000
3,200.000
600,000
1,456,200
648,700
221,400
749,000
4.618.500
1.789.800

•

•

7 g.
7 g.
10
88
8
6
6
6
6
6
6
6
6
6
7
8
7

*3*2
7 g.

£*

....

various.
various.

exchanged for general

of Georgia, and leased at $300,000 per annum.
Lessees have issued the income bonds. (V. 22, p.

rentals, §9.%689.

-West Wisconsin.—The company defaulted on inter¬

1875, and funded nine coupons from
that date. The following is from the official state¬
ment: Since its organization the company has
issu d $4,000,000 gold first mortgage laud grant
bonds, of which $3,815,50J are outstanding; $6tu,00J
Southern extension bonds, of which $3?0,9C0 arc
held as collateral security by floating debt creditors;
$2 ,500,000 seven percent gold consolidated bonds,
of which $1,471,000 are held as collateral to the float¬
ing debt. The other debts of the company on Jan.
1, 1875, were as follows: Bills payable, $1,030,921.
There are collateral belonging to the company held
for

these,

as




follows: Southern extension bonds,

J. New York & Savannah,
O.
do
do
O.
do
do
J. Balt., N. Mechanics’ B’k
J.
do
do
do
do
J,
J.
Hagerstown.
J. Balt., Company’s Office.
J. Balt., N. Mechanics' B’k
J.
do
do
O.
Philadelphia, Office,
J.
do
do
do
do
M. & N. New York, J. M. Pickrell
J. & D. Balt., Safe Deposit Co.
J. & D.
J. & J.
London.
M. & N.
J. & J. N. Y., Nat. B’k
J. & J.
Boston, Office.
J. & J.
Worcester, Office,
Various
do,
do
A. & O. Bost., Globe Nat. Bank,
F. & A.
do
do

Republic!

Mch., 1883
Jan., 1896
Oct., 1890
Jan. 1, 1886
1902

Oct. ’76 to ’91

Oct. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
Jan., 1800
Jan., 1890
Jan., 1895
Jan., 1900
Jau., 1902
April 1, 1896
Jan. 1, 1896

May 1, 1900
June, 1900
Dec., 1876
'

1881
1886
1896

July 1, 1901
July 1, 1876

3
6

J. & D.
J. & J.

Philadelphia, Office,

"6*

Q-J.
Q-J.

Balt., A. Brown <& Sons.

1870

London.

1890

5
6
4
6
4
7
7
7
7
7

393,000

5,000,000
10,248,550

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

&
&
&
&
&
&
<fc
A. &
A. &

1*2
6 g.

794,000
5,381,963
2,000,000
4.692.500
762,779
41,550
1,063,000

6
6

J.
J.
J.
J.
F.
J.
J.
F.
F.

6
7
7
4
6
2
5

1,004,300
103,000
1,025,000
1,175,000
785,000
236,965

*7’

103,164

7

&
&
&
&
&
&

&
&
&

do

J. Balt., A. Brown & Sons.
A.
Philadelphia, Office,
J.
do
do
A. N. Y., Bk. of Commerce,
N.
do
do
J.
do
do
do
J.
do
O. N.

O.

Y., office, 71 B’way.
do

do

Philadelphia, Office,

Q-M.

M. &

do

8.

Q-J.
Q-F.

do
do
do
do
do
do

do
do
do
do
do
do

D.
D.
D.
D.
Philadelphia, Office,
do
A.
do
J.
Pittsburg, Office.
J. N. Y., N. Bk. of Com’rce.
A. Leh. Val. RR. Co., Phila
do
do
A.

A & O. Leh. Val.RR.
F. & A.
do

Co., Phila.
do

1881 & 1887

April 1, 1893T
Feb. 1, 1895

April 1, 1894)
Juno, 1876
July, 1886

1885

Aug. 4,1876

July 1,1878
Aug. 1,1876
1877
1884
1891

April, 1878
1894

Sept. 2, 1876
1894

1884
1897
1897
1877
1882
June 1,1911
1892

July, 1876
July 1,1887
Aug. 4,1876

Aug. 4,1876

Oct.Vi885
Feb., 1886

Worcester A Nashua.—Guarantees th« stock antft
bonds of Nashua & Rochester, leased. (V. 21, pc.
590; V. 22, p. 545; V. 24, p. 158.)

Western Alabama.—Sold in foreclosure, April 19,
1875, and bought by Central Ga. and Georgia Rail¬
roads. (V. 20, p. 398, 405, 445.)

CANAL*

largely as¬
by the city of Baltimore, which has also
bought its overdue coupons. The only bonds re.
maining in default for interest to their holders are

Chesapeake A Delaware—Delaware City to Chesa¬
peake City, Md. (V. 18, p. 582).

Western Maryland.—This company was

sisted

the second preferred unendorsed.
for Inst fiscal year, to September

Annual report
30, 1876, shows

$311,902; expenses, $215,556: net
receipts, $96,346. (V. 22, p. 207; V. 23, p. 498.)
receipts,

Western

Tarhoro—Road in progress,

Wdiamston A

No

(V. 22, p. 23 2.)

est due Jan. 1.

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

1882
May 1, 1903
April 1, 189f>
Jan. 10,187T
April 1, 1891
Sept. 1, 1874C

1.880.800
1,997,872
8,229,594
2,000,000
4,375,000
1.699.500
1,633,350
800,000
20,000,000
1,500,000
3,500,000
5,000,000

recent financial information.

interest and

Atlanta, Co.’s Office.

Q—J.

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

Mcli. 1,

A. & O. Bost., Globe Nat. Bank.

West Jersey.—Gross earnings, 1875, $659,797; ex¬
§366,5»9; net, $291,287. Net profit above

penses,

J. &”j. Balt., R. Garrett & Sons
M. & N.
do
do
A. & O.
do
do
J. & J.
Philadelphia, Office,
A. & O.
do
do
F. & A. Camden, N. J., Co’s Office
M.& S.
do
do
J. & J.
do
do
A. & O.
do
do
J. & J. New York and London.
J. & J. New York, Office of Co.

6

Westchester A Philadelphia.--Net earnings 1875-6,
(V. 22, p. 804; V. 24, p. 62 )

$143,652.

Balt., R. Garrett & Sons Jan" 1 1875do
do
May 1, 1S73
do
do
Sept. 1, 1880

700.500

7
7
3

Pennsylvania.—The' Pennsylvania RR.,
lessee, owns $972,650 stock out of the total amount
of $1,022,450, $148,000 of branch bonds, and all of
$1,200,000 gener.il mortgage bonds; net earnings
1875, $182,059. (V. 22, p. 206.)

136.»

J. &"j.
M. & N.
M. & S.

1806

$870,000; consolidated bonds,$1,471,000; and 200 cars;
other items of debt, $1,826,141.
Earnings, 1874,
$884,920; operating expenses, $697,107; net earnings,
$187,812. For full particulars see V. 20, p. 77,291,314;
V. 21, p. 396; V- 22, p. 521; V* 23. p. 304, 330, 4?2.

gross

Western A Atlantic—This, road is owned by State

N.Y., Bull’s Head Bank.

6 & 7

8s,

mortgage bonds, but are deposited m escrow only.
The president, Mr. John S. Barbour, was appointed
receiver in July. 1S76. Inteiest in default, but re¬
ceiver ordered e pap on G. & A. 1st and 2d morts.
(V. 22, p. 15, 591; V. 23, p. 550.)

A. & O.

350,000
250,000
400,000
900,305

744,000

.

50

....

•

$700,000
2,092,539
1,200,000
654,000
700,000
578,859
1,650,000
1,500,000

2,500,000

....

Sinking fund b onds, gold

some

•

500 <fec.

•

Wisconsin Central—1st mortgage, gold, land grant.
Worcester A Nashua—Stock

Loan
Loan

•

•

6512 1871

Income bonds

Wilmington A Weldon—Stock
Sterling bonds

•

•

1867
1873

~

Wilmington, Columbia A Augusta ■ 1st mortgage...

do

$500&c.

1871

....

consolidated..

West Wisconsin—let mort., gold, s. fd., 1. gi\, conv..
1st mortgage, gold extension, coupon or regist’d
Consol, bonds, gold
Western <k Atlantic (Qa)—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..

Bonds—Princi¬
INTEREST OR DIVIDENDS.
Date Size, or
pal, When Due*
Amount
Rato per When Where Payable, and by
of
Stocks—Last
Par
Cent.
Bonds. Value. Outstanding
whom.
Dividend.
Payable

35
310

mortgage loan
do

2Z12T

Wilmington Columbia A Auqvsta —Leases and

operates the Wil.& Weldon. In 1874-5 lie; earnings
were $183,2?!, including profit on W.& W.
Coupons
of Dec., 1875, arc unpaid. (V. 22 p. 15.)

Wilminglon A Weldon.—Leased December, 1872,
to Wilmington,
cent on stock.

Columbia & Augusta road at 7 per
Lessee

assumes

all liabilities.

(V.

22, p. 16)
Wisconsin Central.

77.)
Delaware Div.—Leased to l^eh'gh C. & N. Co.,
interest on bonds, and 8 per cent a year on stock.
Del. & Hudson Canal.—'This Co.,

at

which is among

the largest miners and carriers of coal, leases the Alb,.
& Susq. and Rcnss. & Sar. Railroads. Also endorses
bonds of N. Y. & Canada RR. Annual report for 1876*
in CimoNiCLE of Feb. 24. V. 22, p. 409; V. 23,pc.

101, 303.

Lehigh Coal A Navigation.—Gross receipts in 1875,,
$1,819,085; expenses, int. and d'vidends, $1.914,278,.
excess of the latter, $65,191.
The Central R.R. of.
N J. assumes (in purchase of 1 quipment), $2,810,000'
of the

gold loan dhe 1897, leases the Lehigh & Sus¬

quehanna Rail Road, and operates the Lelngh Canal.

The Lehigh & Wilkes-Barre Coal Co. assumes $500,000 of the gold loan due 1?97. and $322,000 (all) of the*
convertible gold loan due 1891, and has also leased
the coal lands of the Company. 17.22, p. 279.)

Monongahela Navigation Comnany.—Heceiptft*.
1875, $196,576; expenses, $80,4£7; dividends, $90,387..

Defaulted July, 1875, and

funded 9 coupons.
lias since built 72 miles, and
has more in progress, paid for out of bond sales
since default.
(V. 20, p. 291, 571; V. 21, p. 245,

324; V. 23, p. 478.)

Chesapeake & Ohio.—Gross receipts, 1875, $473,218;
Paid on bands, $2j3,940. (V. 21, p.

net, $251,175.

Morris.— Leased April, 1870, to Lehigh Valley Rail¬
road for 999 years.
The lessees assume bonds a*<i
ecnp, and pay 10 per cent per annum on prefer
stock, and 4 on consoliaated stock. (V. 12, p. 714)*

CANAL AND MISCELLANEOUS STOCKS AND BONDS.

XXX

Subscribers will confer

[Feb. 24, 1877.

{treat favor by siring immediate notice of any error discovered In these Tables.

a

DESCRIPTION.

Bonds—Princi¬
INTEREST OR DIVIDENDS.
Miles
Date Size, or
pal, when Due.
Amount
-For explanation of column headings, &c., see notes
of
of
Par
Rate per When Where Payable, and by
Stocks—Last
at the head of first page or tables.
Canal. Bonds Value. Outstanding
Cent.
Wiiorn.
Dividend.
Payable
CANAL—Continued.

Pennsylvania—Stock
1st

327

mortgage, interest guaranteed by Penn. RR

Schuylkill Navigation—Stock,

common

Preferred stock
1st mortgage,
2d mortgage

.

327
108

car
car

extended

•

•

•

•

•

•

•

1,000
1,000

•

....

....

loan
loan

do

....

1870
1863
1864

Susqueh anna—Stock
Maryland loan, 2d mortgage
.Susquehanna Canal, common bonds, 3d mort
do*
pref., 3d. T. W. priority b’ds..

45

•

-

-

1,000

....

.

.

....

.

.

1,000
25

....

1 1873

Sterling bonds (sinking rund one-fifth of land sales)
Mortgage bonds, gold sixes (for $2,500,000)
! 1874
Union RR., 1st mort., end. C. Co. (8. f., rents on$220,
do 2d mort., g.,end., (s. f. ground rents on $144,800)
Consolidation'Coal of Maryland—Stock
1864
^Mst mortgage (convertible)

£200

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

...»

....

mortgage, consolidated, convertible

2d mortgage

Cumberland Goal A Iron Company—Stock
Dunleith <£ Dubuque Bridge—Bonds sinking fund
Illinois A St. Louis Bridge— 1st mortgage coupon, s. fund..
2d mortgage, coupon
3d mortgage, coupon
4th mortgage
St. Louis Tunnel RR.—1st mortgage
do
"do
2d mortgage
Jowa RR. Land Co.—Stock

sterling, sink. fund.

1873
1875
....

Mortgage bonds (for $500,000)

-

-

-

1875

Maryland Coal—Stock

....

Mercantile Trust—Real estate 1st mortgage bands

^Pacific

Mail Steamship Company—Stock
Bonds, coupon or registered (for $2,000,000)

Pennsylvania Coal—Stock
1st mortgage bonds
Pennsylvania Anthracite Coal—Stock
1st mortgage bonds

.

100
100

1,000
100

1876

500 &c.

1876

1,000
50

L

1861

....

....

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

....

....

....

....

....

Spring Mountain Coal—Stock, guar’d 7 p. c. by L. V. RR,..
United States Express—Stock

....

....

....

....

....

....

....

Wells, Fargo A Company Express—Stock

.

Western Union Telegraph—Stock
Real estate bonds, gold, sinking fund

.

_

_

....

1872
1875
1875

Wilkesbarre Coal—Stock.

....

Pennsylvania Canal.—Worked in interest of Penn.

An old

mortgage of *90,000 is due in 1887. Gross receipts
payments, including interest, &c.,

1875, $441,689;

....

....

....

Preferred stock
2d mortgage, gold
Southern A Atlantic Telegraph—Guaranteed stock

ioo
100

....

Quicksilver Mining Company—Common stock

bonds.

^

100

Fi'oducers’ Consolidated Land A Petroleum- Stock
JfuUman Palace Gar—Stock

on

£200
-

....

-

interest

100

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

1875

Preferred stock

RR. which guarantees

1,000

....

1868
1871
1871
1874

Mariposa Land A Mining Company—Stock

Bonds,
Bonds,
Bonds,
•Bonds,
Bonds,

1,000
1,000

1872
1852
1869

vCumbcrlaud. Coal and Iron—1st mortgage
do

.

100
100
25
100
100

1874

Improvement Company—Stock

do

.

....

....

Mortgage bonds (for $2,800,000)

1st

628,100
2,002,746
1,000,000
1,320,000

50
....

100
100
....

25
50
100
100
100

1,000
1,000
£100&c
100

so
sc

,

1,000

.

....

American Express—Stuck
American Coal (Maryland)—Stock
Atlantic A Pacific Telegraph- Stock
Boston Water Power

6
3,000,000
949,748 3®c. in
3,155,650 60c. in
6
1,709,380
6
3,990,392
6
1,148,000
6
260,000

756,650

1872
85

$4,480,405

1,000

«...

bonds of 1872

■Union—1st mortgage
MISCELLANEOUS.
Adams Express Company—Stock

Canton

50
50

....

Mortgage bonds
Improvement bonds
Boat and
Boat and

$50
1,000

1867

6

7

Adams Express Company.—A
#uit of Dinsmore and others in V.

reference to the
19, p. 270.

American Coal.—The report for 1875 showed gross
receipts, $825,916; net, $>9,016, (7. 22, p. 180.)

325,310
250,000

3,000,000

6

12,000,000
18,000,000
1,500,000
10,500,000
4,000,000
1,740,000
1,107,500
584,000

2
3
4

J. & J.
M. & 8.

Atlantic A Pacific Telegraph.—Ot this stock the
Union Pacific Railroad holds $2,420,000. Annual
report V. 22, p. 422. (V. 22, p. 483, 567; V. 23, p.

160,525; V. 24, p. 158)
jBoston Water Powei' Co.—Annual report in Y. 22,




do

1882 to 1907
1895

May, 1880
May, 1913
May, 1915

&
&
<k
&
<fc

.

J.
J.
J.
J.
N.

Phila. and Baltimore.
do
do
do
do
do

do

10,250,000

2i*

412,000
363,000
137,000
498,000
500,000
480,000
3,756,000
2,000,000
2,492,000
1,000,000

7
6
6
6
6
8
7
7
7
10
9
10
1

1,000,000

g.
g.

g.
g-

m

Jan., 1902
May 1,1883

do

June, 1884

do

■

Office.

....

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

m

Boston, Office.
J. & D.

6 g.
6 g.
6
6 g.

m

Nov. 1, 1876
Jan. 2, 1877
Mar. 10,1876
1872
Nov. 12, 1872

do
New York,

s.

7

m

Jan., 1885
Jan. 1,1878
Jan., 1894

Philadelphia, Office.

'

10

661,000
900,000
598,000

948,000
1,500,000
7,000,000
5,000,000
33,787,475
1,498,000
3,988,000
1,001,160
3,400,000

do
do
do
do
do
do
do

Q.-M. N. Y., Company’s Offloe.

....

J. London, Brown, 8. & Co Jan. 1, 1904
J. New York or London.
Jan. 1, 1904
J.
N.
London.
1900
& 8. N.Y.,Co.’s Office, 71 B’y. Jan. 2, 1877
& J.
do
do
Jan., 1885
& J.
do
do
Jan. 1, 1897
& J.
do
do
1879
<fc A.
do
do
Feb., 1879
& O.
New York, Office.
Oct. 15, 1875
& N. N. Y., by Ill. Cent. RR.
Nov., 1893
& O. New York and London.
1900
& J.
do
do
July 1, 1901
& 8.
do
do
Mar. 1, 1886
& J.
St. Louis.
& J. Lond.,J. S.Morgan & Co. Jan. 1, 1888
& J.
St. Louis.
Boston.
Fob. 1, 1877
Q.-F.
&
&
&
&

.

.

.

.

....

.

_

.

....

.

....

1*2
7
3
7
5

»

J.

....

& J.

New York.

Jan. 1,1886
■
Jan. 31, 1876
Various Now York and London.
In 5 years.
....

M. &

.

Sept., 1869

8.

r

Q.-F.

N. Y., Ill
do

Maroh, 1886

■

Broadway.

Nov. 1,

1876

7

F. & A.

6
2
8
8
8
7 g.
7

1893
Jan. 20, 1877
York, Office.
Q.-F. N. Y., Farm L. & T. Co. Feb. 15, 1877
M. & N.
do
do
May 15, 1881
F. & A.
do
do
Feb. 15, 18*87
F. & A.
do
do
Aug. 15,1892
A. & O.
do
do
April 1,1885
A. & 0.
do
do
Oct. 15, 1878

Q.-j.

.

do

Aug. 1, 1881

New

...

7 g.
2*3
4
2
4

1^
7 g.
rv
i

6 g.
5

494. Interest due Dec., 1876, unpaid. (V. 23,
183; V. 24, p. 111.)
Canton Improvement Co..—The annual report for
year ending May 31, 1876, is in Y. 22, p. 613.
Of the
$2,500,000 mortgage $600,000 is reserved to pay ster¬
ling loan. The Company owns $594,000 stock of
Union Railroad Co. out of $600,000, and guarantees
its bonds. (V. 20, p. 314, 546; V. 22, p. 61 3.)
p.
p.

onds are held to retire old bond*. Guarantees also
bonds of the Cumberland & Penn., and assumes

$135,000 Un. Mining Co. bonds. (V. 22, p. 279, 415,
471; V. 23, p. 207.)
Illinois & St. Louis Bridge.—Interest passed July,
1875
The Bridge and Tunnel Railroad are in hands

of Messrs.

J.
J.
N.
N.
N.

J.
J.
J.
J.
M.

584.000

do
do
do
do
do
do

-July, 1910
Aug. 1,1876
Aug. 1,1876
March, 1897

....

Eenses, $1,876,402; net, $771,776. Consol, mortgage

MISCELLANEOUS.

&
&
&
&
&

J.
J.
M.
M.
M.

6
6
6
7

1,000,000
7,620,000
10,000,000
5,000,000
(?)
4,400,000
-1,695,000
20,000,000
(?)
5,000,000
484^500
2,000,000
1,000,000
2,500,000
5,938,200
298,000
432,000
886,000
204,500
603,000
4,291,300
5,708,700

Philadelphia, Office.
Philadelphia, Office.

Q.-M.

....

$138,997.
Schuylkill Navigation Company.—Leased from
June 1, 1870, to Philadelphia & Reading for 999
years, at annual rent of $655,000, including certain
veal and personal property conveyed to Philadelphia
Cary Improvement Co.—Assets April, 1875, $298,db Reading. (Last annual report in V. 22, p. 493.)
694; liabilities, $165,009.
Susquehanna A Tide Water.—Leased and operated
Consolidation Coa'.—Annual report for 1875 in V.
by Philadelphia & Reading Railroad for interest on 22, p. 279, showing gross receipts. $2,648,178; exbonds and half of net earnings.
Union Cana!.—Stock, $2,907,850.

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

Morgan and Humphreys, trustees. (V.
20, p. 544; V. 21, p. 349; V. 23, p. 14.)
Mariposa Land & Mining Co.— Assessments made
on the shares from time to time,
the last due Peb.
17, 1877. (V. 23, p. 112, 329; Y. 24, p. 128.)
Pacific Mail Steamship Co.—Change of manage¬
ment, May, 1876. Report of old Board, Y. 22. p.

J. & J. N. Y.,

Company’s Office.

1879

A. & O. N.Y., West. Union Tel.
Oot., 1876
J. & D. N. Y., Company’s Office. Dec. 11,1876
New York, Office.
Nov. 15, 1876
J. & J.
New York, Office.
Jan. 15, 1877
New York, Office.
Q.-J.
Jan. 15,1877
M. & N. N. Y., Union Trust Co.
May, 1902
M. & N. N. Y., Treasurer’s Office
May, 1900
M. & 8. London, Morton, R.&Co March
1,1900
M. & N.
Philadelphia.
*■

....

543. (V. 21, p. 40. 207, 281, 278, 324, 340, 396:
V. 22, p. 42, 257, 281, 305, 368, 513, 543, 691.)

Pennsylvania Coal.—Tins company operates a rail47 miles
connecting its coal mines with
Branch of Erie Railway ana Delaware & Hudson
Canal at Hawley.
road of

■

Pennsylvania Anthracite Coal.—'This Company’s

stock and bonds' admitted
Peb., 1877. (V. 24, p. 112.)

to

N. Y. Stock Board

Pullman Palace Car

Company.—Report in V. 23.
402; last year in V. 21, p. 467.
Quicksilver Mining Company. —Annual report for
1*75, with balance sheet, &c., in V. 2J, p. 303. See
V. 19, p. 584; Y.20, p. 141, 429, 538; V. 22, p.
238, 303.
p.

Spring Mountain Coal Company.—This is guar¬
till 1885 by Lehigh Valley RR.
United States Express—New stock of $1,000,000

anteed 7 per year
issued.

(Y. 22, p. 159; V. 53, p. 87.)

Western

Union

Telegraph.—The company holds

$7,287,735 of its own stock, making the total
$41,073,410.
In May, 1876, purchased control of
Southern & Atlantic Company, and leased it
(V
22, p. 136. 175. 182, 257, 368. f;GS, 591; V. 23, p. 68, 8rl
10i. 280, 330, 3 7 8 599; V. 24, p. 158 )
^
,