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.
UMtellt
OF THK
COniHERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED ON THE LAST SATURDAY OF EACH MONTH
Famished Gratis
NEW
to all Sabgerlben of the Chronicle.
YORK, FEBRUAKY
Financial.
CURNKH BBOAD STKEBT, NEW TORK.
No. 6
[ggae Letters of Credit for TniTelers5
Riyftblo Id any part of Europe, AsU, Africa, Aostralla
tDd America.
Draw BUla of Eickange and make telegraphic transof money on Europe and California.
Un
NASSAC
40
NEW YORK.
ST.,
Co.,
BANKERS,
BANKERS,
PI.AOB,
&
Chas. A. Sweet
HATCH,
FISK &
BANKBRS,
EX€HANOE
Boston Bankers.
Financial.
J.&W. Seligman&Co.,
59
26, 187H.
STATE STREET,
BOSTON.
DEALERS IN GOVERNMENT SBCDKITIKa
Gold, State, City, Coontr asd Railroad Bonds.
We give particular
DisiOT OEAUirsa
attention to
IN UOTERKHKKT BONDS AT Cn&aXNT MJLBKBT BATK8,
andareprepared, at all times, to buy or sell In large
or small amounts, to suit all classes of investors:
Orders by mall or telegraph will receive careful atten-
&
Brewster, Basset
Co.,
BANKERS.
tion.
We
AGENCT OF
Bank
Merchants'
OF
Canada,
WAI.I< 8TKEET.
63
Capital,
-
•
.
•
$9,000,000 Gold.
"
8,128,626
.
Paid up,
Exchange bought and soM, Commercial
on Canada Isaued, Bills collect4, and other Banking business transacted.
WALTER WATSON, Agenta.
._._»,
Bllic of
fhall be
pleased to furnish Information in
reference to all matters connected with Investments
In Government Bonds.
We also buy and sell Qold and Gold Coupokb,
COLLEOT DivipBiTDB, and TOWN, COTTNTT and Statb
Coupons, Ac. and buy and sell, on Cohmission, all
Maekbtablb Stocks and Bonds.
In our Baneiks Dbpabthent we receive deposits
and remittances subject to draft, and allow Interest,
to be credited monthly, on balances averaging, for the
month, from tl.OOO to 15,000, at the rate of three per
cent per annum, and on balances averaging over
$5,000, at the rate of fonr per cent.
Or«ili« granted. Drafts
-
PISK
HATCH.
dc
No. SS
CONGRESS STREET,
man.
Boston,
,
J.
INGRAM,
f
LONDON AGENGir, 32 Lombard
S.
&
G.
St.
G. C. Ward,
AeXHTB 70B
BIRING BROTHERS ic OOMPANY,
S2 WALL STREET, NEW TOHK,
88 STATE STRJIST, BOSTON.
M. K. Jesup, Paton & Co.
BANKERS,
No. 62 IVlIllam Street,
BANKERS
BANKERS,
78
Bny and Sell
Connty Bonda.
ATcstern
Kidder, Peabody
ooininissiON merchants;,
on Commission American Secnrltles
Holland and other Continental Markets.
Make Collections thronghout the Continent ol
Europe.
Uakc Pajmanti on Letters of Credit to TraTelen
and transact a general American Banking Business.
Refer by special permission to Messrs. Blake
Brothers & Co., Boston and New T ork, and to Messrs
8. & W. Welsh, Philadelphia.
King
S.
&
SSUXD ATAILABLB IS
4S Pall nail, London, Eneland.
CIRCULAR NOTES /><<(!/ cAarffi!, available
Co.,
t'I.A*
A
r.l.
LSTIISS Of CUDIT
PARTS OT TBI WOBLD.
OTBBB OOBTUMTII,
ANI>
CITIBH or KUBOPB.
New York
Issue
&
and
ExoiiAiieB
Co.,
BANKERS,
City
BOSTON, MASS.
COIfXBSOIAL AND ClK'
Henry
AMSTERDAM, HOLLAND.
Cobb,
DEVONSHIRE STREET
BOSTON,
0> LOirDOH, PABia.
AND
Bell
&
Parker
Acconnts oi Banks, Bankers and others received
upon favorable terms.
Interest Allowed on Balances Subject to Drafts at
Advances made upon Consignments to onr address
or to onr Correspondents n Europe.
Investment Securities Bought and Sold.
Board
Investment Secnrltles constantly on hand.
Draw Exchange on Union Bank of London.
Sight.
Adolph Bcissevain & Co.
Buy and
New York.
BfOktn
Orders executed on Commission at
Auctions, and Private Sale.
I
WM.
CommercUtl
Dealers In Stocks, Bonds, Gold and
Paper.
Office,
33 Wall Street.
& Baltimore
Fhila.
Bankers.
In
Winslow, Lanier
BANKER
&
PINE STREET,
NEW
Grant
;
Collections on all Points.
TORK,
To
BANK. ThreadneedU
Capitalists.
STOCK BROKER,
VTALNUT STREET,
Plilladelphla.
Orders In Stocks and Bonds promptly executed at
he Philadelphia and New Tork Boards.
Wilson, Colston
sums OP
Wanted
92.000
for Applications
TO
now
In
BALTimORE.
AT INVITING KATKB OK JUTEBKST.
£cerif valuation reltabu, and not over 40 oer ecu
and Gas Stocks,
Yean.
8«e tuoutlons of * Liocal Beoniltles' In
this
paper
J08IAH
t
H. RKKI>,
20 Naaaaii
VIRQINIA SBCDRITIB8
ft
*
Oo.
$150,000,
hand tor
PIRST niORTGAGB LOANS
preserit actual value requlr**
and
Rollclted.
N. Y. CoBKKapoNDiNTs— McKlm Brothen
and Davldflon A Jones.
FIRST-CLASS CHICAGO PROPERTY,
City Railroad
Co.,
specialty.
ox
EXCHANGE FLACB,
&
BANKERS AND BROKERS.
INVESTMENT
^500,000
IN
Street .
CHARLES OTIS,
Specialty lor 19
CO., Liverpool.
Austin,
Bell
CorreBpondence
for the sale of City, Oonnly, and Kailroad
Issue Letters of Credit for foreign travel
47
ic
No. 310
Receive, Deposit
KING, KING & CO., Bombay.
KING, HAMILTON & CO., Calcutta.
LONDON CORRESPONDENTS
fllTV
J.
and Current Accounts on favorable terms, and do a
General London and Foreign Banking Business.
corporations and Merchants.
AgenU
for nse against
Execute Orders on the London Stock Exchange*
Make
Receive the acconnts of Interior bank*, b.^nkerr,
Bonds
COMMERCIAL CREDITS
Consignments of Merchandise.
Co., KING, BAILLIE
<•,
«
In ail parts of the world.
and
WILLS, dec,
RSCBIVED FOR 8APKKKKPIN0 BY THE
SAFE DEP06IT
140, 143
Street.
Thirty years' scqnslntanco with Chicago
references of the highest character.
Bonds, Stocks, Jewelry,
City
&
146
CO.
OF NBW TOBK,
BROADWAY, COR. LIBKETY ST
FiiA!<m n. Jbrks, Praaidant.
Tbe first established In
the world.
;
INVESTORS' SUPPLEMENT.
li
rinancial.
[Febrnary 26, 1876
1
REAL ESTATE MORTGAGE BONDS
THE NEW ENULANO
PRINCIPAL AND INTEREST QUABANTEED BY
Mortgage Security Co.
The
OFFERS FOR SALE, AT PAR,
SEVEN PER CENT 1 EN-YEAU BONDS
Ti^W
YORK
Company,]
Trust
Equitable
OFFICE, 52
\¥IL,L.IA1VI
STREET.
BECUUliD UV
Faid-up Capital, $1,000,000; Surplus, Sept '75, $235,00(
FIRST MOKTG AGES Of imrRUVBD
KATE OF INTEREST ON BONDS. 7 PER CENT.
HBAIi EISTATK.
,
PRICE, 102
G0AKANTBKU, PKINCIPAL AND INTKRKfcT,
BY
CAPITAL, STOCK. OF $500,000.
KOBERT LENNOX KENNEDY,
SAMUEL WILLKT8,
JAMEH A. ROOSEVELT,
Bonds
lutereat Coupous payable feml-anni lly.
reRlstered to onu;-, or payable \o tearer at optlou.
Accrued Inlerest n not requlied to be paid by purcha^e^, the ncxt-diirt Conpo.i beii-i? etami ed no aa to
deuole that Interest bcKliiii at the d e of pu chase.
Puniplilet wlih full Informittlon will be aeut on
appilcatiuo to the Company's Office,
HENRY P HAVEN,
EUGENE KELLY,
And
cm
...
Guarantee.
.
,
The security of o*eh Bond is not confined a to single
Vorlgagc, but exienda over jll tbe Morlgages owned
his t.'ompany received no deposits,
by theCompa .y.
^uarant esno oilier Bccuriile.. atid Inn no other debis
than its bonds. Its Uurtgages are of illte cliaracter to
those whlth have been bouiiht in the last twenty yean
and other
liy IntMvid'ials, Life Insurance (."oinpanies
'J
Corporations, to the amosint of uioe than Fifty Millions of l'oilar»i, proving a most secure and satisfactory
he Loans are all upon iinpn-veU Farms
Irivt atuient.
In some of the most fertile Western otates, near the
Railroads. Willi short and perfect titles, ami average
less titan J!ti50 each, upon pronertT worth nearly tour
Kxperlence has proved that we 1liities their amount.
«ele tert MortLagea upon this class of properly are
paler than llioae upon etrv property, either In the Fast
or West. They aic nutatlected by Fires, or by Business
revulsions; Principal and Interest are more proinpt.y
paid and upon ihe su cess of Agri ultnre depend
that of almost every industrial Investment.
HF.NKT SALTONSTALL., PretWent.
FRANCIS A. OBtlORN, Treasurer.
YIOK-PKKSIDKinS:
Geo. C. Richardson,
Lawrence,
A.
Amos
Thomas Wlgglesworth
Jaioes L. Uttle,
Geo. P. Uphain.
DlRKOTORS:
T. Jeflerson Coolldge,
John P. Putnam,
J. «. UpUam.
OOUNSICL:
Hon. Henry W. Palne, Boston.
Simeon K. Baldwin. New Haven.
Charles L. Flint,
Henry
OF THX
TIC RAILROAD,
LOGANSPORT, CRAWFORDSVILLE & S.W. RR.
CHESAPEAKE & OHIO RAILROAD,
NORTHERN PACIFIC RAILROAD,
OSWEGO MIDLAND,
MONTCLAIR (NEW JERSEY) RAILROAD,
raort(>agea, taken from borrowers by this Company, are secured by a first
Real Estate, and are then offered for sale with the absolute gtiaranty, on the part
Company, of the prompt payment of both principal and interest when due, at
the ofilce of the Company in New York City.
This Company ittuen no Bonds of its own, but only negotiates with its guaranty the
Bonds it has received from persons to whom it liaa lent its money on mortgage. No
Bond, therefore, can be put in circulation by the Company unless its amount has been
secured by mortgage. To the negotiation, guaranty and sale of such Bonds the Com
pany is exclusively devoted, and it incurs no obligations except tliose arising from such
guaranty.
RULES UV MAKING LOANS.
The appraisement of property, searching of titles, execution of bonds and mortgages,
and other details of the business of loaning, are perfcrmed with the utmost possible care,
by the most competent of agents and attorneys, and the following invariable rules have
been adopted by the Company:
1st. Loan only on First Mortgage.
2d. Loan no more on any property than 50 per cent of a low cash valuation.
3d. Loan no more than the value of the land, independent of any improvement it
may have on it.
4th. No loans on farms shall be taken at more than one-third of the value of the
land without the improvements.
5th. Make no loans to Churches, to Religious or Charitable Societies or Corporate
Bodies.
6th. Factories, Mills or Machinery will not be reckoned as part of any security.
7th. Tlie rental value of any security must be at least Ten per cent of the amount
A Solid Twelve Per Cent
While bonds and stocks are the footballs of brokers
the Boltd Illinois Hnd Missouri TEN VFAi C N IS
(seinl-anDually at inc Aincricun Exchange National
Bank. New York) aud our choice Kausas TWELVK
PER CKN'l S have never failed. Nothing but au earthquake can Impair their absolute security; and as to
proiuptuess.aBk our New York Ba k. *>ur paper i»
always at par in New York, because alwayn paid at
maturilu. Uwve loaned inllllonfi, and nota tlollar hat
•ver been lost.— For details address ACTUAH^ of tht
CHutrai lUinolB Loan Agency. Jacksonville, lllinoU
T. O. Box 657.
Chab. F. Pknzel, Wm. Kibtkn, Ckxkd T.
Walkkk
Ca-bler.
Savings Bank,
IiITXli£
CASH CAPITAL
ROCK, AUK.
»50,000.
Transacts a general baul.'lng business, and makes callections CD allpotnts in the South aud Southwest at
reasonable rates. Accounts of Banks. Bankers, Mer*
chants and others solicited.
BoABDOF I)iRKOTOKs.~C. F. Penzel.Wm. Klrten,
Judge U M. Kose, Jno. K. Geyer G. w. Johnxou, Geo.
Kelcbardt, J. K. Brodle, A. Schader. Jno. G. Fletcher.
N V. roiniwBpnNTiifflTR. Donnell. Lawson & Co.
The obligations are in the form of Bonds with Interest Coupons attached. TB
are divided into denominations of One Tliousand and Five Hundred Dollars each, b^
seven per cent interest payable semi-annually, at the New York office of the Companj
or at Messrs. Baring Brothers in London, run for a period of five years, and can
registered if desired.
The borrower empowers a Trustee, in whose name tlie mortgage is made, to sell the
property in case of nonpayment of interest or principal. The Trustee cannot apply
the proceeds of the sale to any other purpose than that of taking vip the Bonds secured
by the property, and the money will not even pass into the Company's hands unless it
is itselt in possession of these identical Bonds.
SECURITY OF THE INVESTMENT.
The purchaser
of these Real Estate Bonds has a three-fold security for his invest
ment, each independent of the other, viz.
1st. The personal obligation of the borrower, who must be a party of good character
&
Co.,
BANKERS AND BKOKKKB,
ST. LOUIS, no.
6Mh MTWC^d on Btaclu auu UouOa left (or B«l«.
A
mortgage on specified Real Estate, taken with the utmost care,
low valuation.
3d. The guaranty and endorsement of this Company, having a paid-up capital
$1,000,000 and a surplus of $335,000, which is to be steadily increased to $1,000,000.
He can enforce his claim against the real estate by which this Bond is secure
He can hold the Company ou its guaranty. No act of the Company can preventt OP r
impair his remedy on the mortgage, and no act of the mortgagor can prejudice
e the
ji
purchaser's claim against the Company on its guaranty.
The Company commenced operations in 1873, and up to the first of Septemli
ab _
It
.5m).
1875, had made total loans of $5,0(il,000, and sold bonds to the amount of $4,664,500.
They have never had a foreclosure, and in consequence of the steady demand for their
bonds, and the high character of the investment, they have recently advanced the ])rice
to 103 and accrued interest.
first
I
1
Jl
TRUSTEES OF THE COraPANY.
JOHN .lACOB ASTOR, New York.
CHARLES BARNS, Williams & Items, N. London.
HENRY R. BOND, Presideut Muriuera' SavjUKS
Bank, New London.
AUGUSTUS BRANDKGEE. New London.
OLIVER BRONSON, New York.
CHAKLBS bUTLEIt. New York.
ROBERl' CO[)MAN, Boston.
ROBERT COIT, Treasurer New London N. RR.
Co New London.
I-DMUND DAVIS, Providence.
GEORGE W. DUER, Ereeident Bank State of New
York, New Y'ork.
JONA-THAN EDWARDS, New York.
ASHBEL UREEN. Alexander * Green, New York.
HENRY P. HAVEN, Haven, Williams & Co., New
,
London.
.
Love
it.
FORM OF THE BONDS AND MORTOAOES.
2d.
.
German
made upon
substantial property at a
32 PINE STREET, M. Y.
Bankers and Dealers in Interest PayliiK City, Stale aud Hallway
Bonds.
C OUPONS AND DIVIDENDS COLLECTED
Vice-President.
of loan
and standing.
Dealt in by
RIPL.EY & COMPANY,
President.
President.
BUSINESS.
The
Itonsall,
Cburles L. Young.
STATE OF ARKANSAS,
CHICAGO, DANVILLE & VINCENNES RE.,
NEW HAVEN, MIDDLKTOWN & WILLIMAN
ex-offido.
lien on
of this
«.
Defaulted Securities
and Connsellore of the Company
CHARACTER OF THE
'1
;
the Officers
ADRIAN ISELIN.
JOHN D. MAXWELL,
CHARLES BUTLER,
WM. REMSEN,
GUSTAV II. KISSEL,
Jonathan Edivarda.
A
Ihef-e B -ndB are coninienrted to iho attention of the
MOST CONSKltVATlVK INVf.BT il>B. a« they »ie
be obtained,
belifved to be as perfect a 'ecurlty as
•i'lie l-Bue of Bonds la I.mlted lo one-half llie amount
of ttiH game Lias, of Bonds ever Usued under a like
.
,
i
43 lailk Street, Boston.
AND INTEREST.
BXECITTIVE COMiniTTEE.
ITS
J.
N HARRIS, New London.
ISELIN. A. Iselin & Co., Bankers, N. Y.
A. ISELIN. Jr., A. Iselin & Co., Bankers, N. Y.
JOHN JEFFRIKS, Jr., Boston.
EUGENE KELLY, Eugene Kelly & Co., Bankers,
ADHIAN
New York.
Dead.
ROBERT LENOX KENNEDY, President National
Bank of Commerce New York;
GUSTAV II. KISSKL. Kessler & Co., New Y'ork.
GEO. Deforest lord. Lord, Day & Lord, New
York.
JOHN D. MAXWfiLL, Clark, Dodge & Co., Bank
ers. New York.
JOHN J. Mi^COOK, New York.
JOEL PARKER.
JO.S.
Cambridge, Mass.
PATTERSON,
President Western Natlcnal
Bank, Philadelphia.
HENRY E. PIERREPONT,
ROBERT ItAY, New York.
Brooklyn.
WM. REMSEN, New
York.
GEO. A. ROBBINS, New York.
JAS. A. ROOSEVELT, Roosevelt A Son, N. Y.
J. GREGORY SMITH, President Central VermO
RR., St. Albans, Vt.
GEO. H. STI'ART, President Mechanics. Natlon»l
Bank, PhiUdelphia.
SAMUEL WILLETS, WHllets & Co., New York.
CHAS. STUART WURTS,
Vice-President
CambrU
Iron Co., Philadelphia.
JONATHAN EDWABOS, Vn»U«nU
,
r r
n
nksim
)
OF TIIK
€0»lIERCrAL A^D FINANCIAL CHRONICLE.
PUBLISHED ON THE LAST SATURDAY OF EACH MONTH
Furnished GratU to
[Eatered according to act of Congress, In the year
NKW
t3i6,
all Sabitcriberg of the Chronicle.
bv Wm.
B.
Daka &
YORK, FEBRUARY
INVESTORS' SUPPLEMENT
or THE
Cammeirinl
Co., In the office of the
niih .jFinanrinl
LtbrarUn of CouKreM, Wuhlncton, D. CI
26, 1876.
the
of bonds
list
on the regular
list
Cjirankle.
The
furnlslied without e.ttra charge to all regular subscribers of
no single copies are sold
t'iiiu>NicLE;
at the office, as a sufficient supply is
printed for subscribers only.
Transient advertisements are inserted at twenty-flve cents per line; advertisements by the quarter, six months or year, at special rates.
Chicago Milwaukee A St. Vaul. 1st C.
Cedar Kails * Minnesota
North Missouri
Ohio & Mississippi, cousol
*
PaciOc of Missouri
Central Pacill':— San J»aqgin
"
California & Oregon
St.
INVESTMENTS
I\
months of
(luring eight
I
!
1875.
Under
illieni
this Influence,
there was
the lower grades of bonds gelling at prices which
pay a
bt^tter interest
largo
demand
their
prices
on their
Jb
Stock
and
make
cost.
99
J.
J.
* J.
9i
Wi
& J.
F.&A.
J.
A.
J.
F.
whose
affairs
closure or oth«r settlement, and concerinj?
make some
Pbioc
£ J.
& J.
J.
Iron Mountain
of those defaulting roads
an active inquiry for the best class of bonds at high prices,
inlso for
Lonle
& «-.
There has recently been some inclination
FlIBRIlABr.
There wag nothing in the course of the money market during
February to put any check oa the demand for investment securities; on the contrary, the increase in loanable funds was considerable, and the low rates for money, both on call loans and commer.
cial paper, suggested the idea that there was likely to be a glut of
money this year, much similar to that which was experienced
I
New York
Imtbrkst Patable.
Bonds.
The Supplement is issued on tlie last Saturday of each month, containing
compute exhibit of the Funded Debt of States and Cities, and of the Stoclis
and Bauds of Railroad and other Companies.
is
of the
Exchange the following, either 7 per cent currency or 6 per cent
gold bonds, on which no default has been mode, are the principal
first mortgage issues now selling below par:
a
U
In looking over
as well as of the second mortgages and stocks.
to
98}i
8!<X
cS <).
9tl>i
A J.
& A.
94H
96^
purchase the bonds
are approaching
which
it is
fore-
possible to
The
estimate as to their probable future value.
history of ri^lroad defaults, prior to 1800, in this country
is
not
some of the very best bonds now
sold at the Stock Exchange belong to companies which were reorganized after foredo-siire, or reconstructed by amicabl enegotiations, after they had failed to meet their interest. Some of the
railroads which have succumbed since the panic of 1873 are unquestionably good roads, and able to earn their interest whenever
Not a few of these compathe times are reasonably prosperous.
nies had, in fact, earned their interest for some years prior to 1873.
But referring to the remarks in our last Supplement, upon the subject of a surplus reserve to be carried by railroads to meet their
bonded interest in periods of disaster, it would certainly seem
altogether discouraging, and
Government bonds pushed
sharply— particularly of those issues wUicli
have some years to run, and of the 5 per cents which will not be
Financial corporations were the principal purchasers,
Icalled in.
and for them it seems absolutely necessary to have governments, hardly probable that after the experience of 1873-1876 in the
,a3 there are no other bonds which can so well meet their require
United States, railroad bonds will rule at such high prices as
inients.
The most important point in regard to U. S. bonds just formerly, except where the respective companies issuing them
A
up
for United States
are
'now,
iia
is
concerning the
the text of the bill
mittee on Finance on
new
The following
from the Senate Com-
issue of \\ per cents.
which was reported
the 23d, witli a recommendation for its
]>as»age:
Be it enacted, <te., Tliat the acts to authorize Ihe refunding of the National
approved July 14, 1870, and January HO, 1H71, be so amended that the
^monnt of bonds bearing 4>^ per cent interest authorized to be issusd be in.
preosed to $5O0,(XX),0OO, and that they be payable at the pleasure of the United
(States after thirty years from the dale of tlieir issue, instead of after fifteen
I
ilebt,
l^ears.
construed to authorize any increase of tbe
bonds provided for by tlie acta to which this act is an amend.
•uent, nor authorize any increase whatever of tiie bonded debt of the United
Statss; and all provisions of the acts to which this act is amendatory not inconsistent with the provisions of this act are hereby continued in force and
Nect.
Smind.- This act shall not be
I
,total
amount
of
able to
show n considerable surplus
of earnings above their interest
charges, or where the bonds are secured by
first
mortgages with
a large margin between the amount of the bonds issued and the
true value of the property.
With
the further advance iu
Government and
railroad bonds,
be looking again to real estate mortgages as securAs to local mortgages there are no remarks
ity for their money.
to be made, as each loan depends on its particular security; but
as to mortgages guaranteed by loan corporations in this
vicinity we may call attention to the business of the Equitable
investors
)vill
Trust Company in
New York
and the
New
England Mortgage
Security Comp;iny in Boston, and suggest to the readers of the
" Supplement" that if they desire to place money in this class of
investment, which has a double form of security, they can obtain
There have already been called in of the old five-twenties of full and satisfactory information as to the methods of transacting
and the balance of that issue not called and of business, on application to the officers of the respective companies
1»^ other issues
of five-twenties are, in round numbers, as The Equitable Trust Company was the first to enter on the busl
loUows:
ness of guaranteeing real estate mortgages, and thus took an
1865b, old(notcalled)$150,558,000 18678
|310,622,000 important step to popularize this excellent class of security for
18t«s, new
37,473,000 loans, and although there have been other companies formed in
202,663,000 1868s
this city for the same purpose, the Equitable remains at the head
Total
$701,316,000
and has obtained a prestige in the business not shared by the
It thus appears that the negotiation of $500,000,000 of 4^ pe,
others. The conservative character of its management and the
•"ta, if five-twenties were called in against the whole amount, high standing of its trustees and officers have given the cDiupany
I
1S05, 11,975,000,
1
j
^i-ut $163,843,000 of the issue of 1867.
In railroad securities, the principal influences of general im-
a position which commands the favorable attention of parties
seeking this sort of investment.
The New England Mortgage Security Company in Boston trans-
portance were the final repeal of the Potter law in Wisconsin and
acts a similar class of business in that city,
»')uld take
up
all
of the latter bonds except those of 1868 and
ihe better exhibit of earnings
roads.
shown by many
of the prominent
and its list of otBcers
and directors embraces names of exceptionally high standing in
There was a decided advance iu prices of first-cUaa bonds business
circles.
.
.
1
:
1
!,
STOCK AND BOND TABLES
NOTES.
f,
' Tbese tables are ezpiesslj Intended to be used In oonneotton with the information concerning Investment matters, pnbllsbea from week
week In the Chkoniclk—to which an index la furnished In the remarks at the foot ot the tables. Annual reports are in black-faced figures.
A fall deaoriptiou of V. B. Oorerument Seourities is published regularly In the Chsonicle each month, as soon as the official "DebtBtati
ment"
Is issued.
Stocks and Bonds are quoted weekly In the Chkonicle.
will give explanations of each column of the tables below
Descriplit
De«crip(io)i.— Railroads leased to others will often be found under the lessee's name. The following abbreviations frequently occur, viz.: M. fo^
"mortgaKe,"
)rtgage," s. f. for " sinking fund," 1. gr. for " land grant," reg. for " registered," coup, for " coupon,'' Br. for " Branch," guar, for " guaranteed,'
** «Ti(lm.aftH."
end. fni"
for *'
endorsed."
Date of i}0)«f».— The date of issue on the face of the bond Is referred to In this column.
jMi/e« of iioarf.— Opposite Sto^iks, this means the miles of road operated, on which the earnings are based; opposite bonds, the miles coverei (
by the mortgage.
Size or I'ar Value.—These figures are dollars, showing the denominations or par value. The figures " 100, <tc.," signify $100 and larger.
Mate Per Cent.—The Interest per annum is given for bonds, but the per cent of last dividend for stocks a means gold x, extra », stock or scrip
ir/n'»i rayable.—J. & J. stands for Jan. & July; F. & A., Feb. & Aug.; M. & 8., March A Sept.; A. & O., April & Oct.; M. & N., May & Nov.; J. i
D., Juue &. 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 coliunn shows the period when the principal falls due of bonds, but the tlm^'
when the last dividend was paid on stocks.
Prices of
all
The foUowiup
i
.
;
'
;
;
;
i
STATE SECURITIES
>iub«crlber» trill confer a great favor
DESCRIPTION.
by glrlng Immediate notice
Date of
Bonds.
For explanations see notes above.
Size or
Amount
par
Outstanding
Value.
of
Bate.
aay error dlacovered In theae
INTEREST.
When Where Payable and by
State bonds, due In 1872 and extended
extended
do
Sterling bonds of 1850, extended
Sterling bonds, extended
do
.... Amlm
do
do
do
Bonds of 1866
Bonds of 1868
New 8 percent, loan of 1872
do
1873
do
do
do
New 7 per
cent, loan
Educational funded debt
Loan to Montgomery & Eufaula Railroad...
to Alabama A Chattanooga Railroad.
Railroad bond indorsements
State certificates and Auditor's warrants. .
Loan
1872
1866
1866
1870
1866
1866
1867
1866
1868
1872
1873
1874
$100&o.
100 &o.
100 &o.
....
100 Ac.
100 &o.
1,000
1,000
1,000
....
1870
1870
1870 to '71
M.
5
5
5
$168,000
1,941,000
473,800
688,000
64,800
82,500
648,000
877,700
500,000
650,000
185,000
341,000
M.
5
g.
A
A
A
I.
A
J. A
A
M A
J. A
1.
I.
8
8
1.
8
7
1869 to '70 1,000
Funding bonds of 1869 and 1870
100 Ac.
1871
Levee bonds (or warrants)
1838 to '39
Old unfunded delit, including interest
1872
Ten year bonds for deficiencies
1875
do (for $2,500,000) Act May 29.'74
do
3,050,000
1,460,000
2,123,086
300,P00
Treasurer's certificates outstanding, Oct. 1,'74
Secured sinking fuud bonds (Oct.-Dec, 1874)
To Memphis A Little Rock Railroad
To Little Rock A Fort Smitli Railroad
1,700,280
To Little Rock, Pine Blufis A N. Orleans RR..
To Miss., Ouachita A Red River Railroad
To Arkansas Central Raili-oad
—
Cfalifoniia
Soldiers' relief
State capital bonds
Fimded debt bonds
—
of
J.
"I
g
,q
o^^
pit.
>S
20year
20year
10-30year
do
do
do
do
1861
1863
1864
1864
1865
600,000
1,350,000
7
7
500 &c.
95,500
500,000
2,801,000
7g.
7g.
6g.
509,400
877,000
1,318,500
6
o
568,500
)'-'
not taxable, 20 year
1,741,100
Columbia—
District of
500 Ac.
1872
Permanent Improvement, gold, coupon or reg.
4,000,000
do
currency
do
1873
677,300
50 Ac. 12,898,909
Fund, b'ds (U.S. guar.,Act8 June,'74A Feb.,'75)
1874
50 Ac.
1872
Market house bonds, couiion
1,52,400
1,000
Potomac water bonds, coupon
1871 to '73
476,000
100 Ac.
Washington fimdiug, gold
1872
1,812,300
Other Wasliingtou debt
1828 to '68
1,235,824
Corporation of Georgetown
252,317
Fiorina1871
ettite bonds
350,000
Consolidated gold bonds
1873
1,000
884,500
Loan to Jacksonville, Pensacola A Mobile BR.
1870
1,000
4,000,000
—
Oeorgia
Atlantic
A Gulf Railroad bonds
Various.
500
Bonds, act of March 12, 1866
1866
500 Ac.
Bonds, act of Sept., 1870, gold (int. quarterly)
1870
1,000
Bonds, act of Oct., '70, gold (int. semi-annual)
1870
1,000
Bonds of 1872
1872
Bonds for funding
1873
250AC.
Railroad endorrtements
1870 to '71
Brunswick A Albany Railroad direct bonds.
1870
1,000
. .
—
The commisaioners, under law of Dec.
and adjust, the legal
of the State on its bonds, propose substantially that 30 year bonds bearing 3 per cent for
5 years, ;i per cent for next 5 years, 4 per cent for
per cent for last 10 years, be
next 10 years, and
exchanged for old bond.^, without any allowance
for past due coupoiiB. The State has been in default since Jan., 1874. The valuation of all taxable
property 18 given at $160,000,000; tax rate, 't'/, mills.
(V. 20, p. 139, 53H, 570, 581; V. 81, p. ".rtB, 8i»4, 3i8,
634, 612; V. 82, p. no, 157.)
Alabama.
1, 1874,
to ascertain, liquidutir
liabilities
1,000,000
3,600.000
2,098,000
1,880,000
307,500
1,200,000
7,545,900
1,500,000
1878 the total valuation of property was 1:104,973,329.
Interest was paid Jan. 1, 1876, q^- secured sinkiiiy;
fund bonds, issued under the law of December, 1874,
Board of Finance was
pay expenses.
to
appointed in January, 1875, to confer with bondhnlders of tlie Slate and hey Issued a notice
as quoted in V 21. p. 161. See Chronicle, V. 19,
A
I
p. 167,
590.
189. 637;
V.
iO, p. 139,
161;
V.
21,
p. 465,
(7oi»/ornio.— California finances appear to be in a
particularly sound condition. The State holds in
trust for School and University funds the $500,000
Capitol bonds and $8,063,000 of bonds 1878. Total
valuation of property, 1874, over $600,000,000. Tax
1889
1899
1900
N. Y., Union Trust Co.
do
do
A J. New York, Latham, A. A Co.
A O. N. Y., Union Trust Co.
do
A O.
do
do
do
A O.
do
do
A O.
do
do
A O.
Sacramento, Treasury,
J. A J.
do
do
J. A J.
do
do
J. A J,
Hartford, Treasury,
J. A J.
do
do
J. A J,
do
do
J. A J
do
do
A. A O,
do
do
A. A O
J. A J. N. Y., First National Bank.
do
do
J. A J.
do
do
F. A A.
Washington,
D.
C.
J. A J.
do
J. A J
Washington.
New
York
and
Various
A.
A.
A.
A.
A.
7
7
6
6
6
6
3-65
7
7
6g.
i,
6, 7-3
6
N. Y., Importers'
7
6
g.
8g.
7
7
7
8
Washington, D.
Various
Q.-J.
g.
A J.
A J,
F. A A.
J. A J.
Q.-J
A. A O.
A. A O.
do
J.
J.
J.
1882
rate, 50 cents per $100. As the debt is now practically extinguished, the
Governor advises the
eradnal cancellation of the bonds helj in trust and
the purchase of foreign securities in their place.
(V. 19, p. 3 of advertisements; V. 19, p. 32.)
ConMctlcut.— The debt of Connecticut was all
created for war purposes, and has been reduced
since 1866 from $10,0(M,000 to the present figures by
sinking fund purchases. The 1861 bonds are payable at pleasure since July, 1871, and those of 1864
after (Jctober, 1874.
Assessed value of real and
personal property, |35g,491,451; rate of taxation, 1
mill.
1899 J
1900
1900
1900
April,
Iflj
1883!
1885
1893
J
July, 1881
Jan., 1883
Jan., 1884
Oct.,
Oct.,
,
1894
1885
July 1, 1891
July 1, 1891
Aug. 1, 1924
July 26, 1892
Oct. 1,190110^1;
i
'
1892
SI
C.
A Tr. B'k.
do
Jan.
r,'iiPI
N. Y., Fourth National B'k. 1878, '9, '80, "1,
July, 1886
do
do
Oct., 1890
N. Y., London or Frankfort
1892
N. Y., Fourth National B'k.
N. Y., Fourth Nat. Bank. April 1,1875
Not
a"d.
,'j
jlj4an«(M.— Rate of taxation. 5 mills. Unfunded
debt is mostly held by U. S. The State is in default
for interest. Bv the last assessment for 1872 and
York,
do
J.
J.
7
.fee.
1893
1894
N. Y., Union Trust Co.
1,200,000
1,000,000
1,200,000
1,000
1,000
1,000
100 &c.
New
Jan., 1892
10
j-
2,,50O,0OO
100
H.
J.
j-
(1)
Contiecticui
War bonds, 10-20 year
A
York.
do
do
do
do
A J
A J.
6
7
1,000
1,000
1,000
1,000
1,000
1870 to '72
500 &0.
1873
1873
New
J.
J.
2,806,378
Arkansas—
1869
1870
1870
1870
1870
J.
J.
J.
J.
\
May, 1892
May, 1886
May, 1886
June, 1890
1886
1886
1886
1886
1888
York.
do
do
Union
Bank.
London.
do
do
do
Tu ne 1.
].
300,000
2,000,000
12,751,000
1,026,415
"isVi'
New
AN.
A N.
M A N.
6g.
Due.
WTiom.
Payable
Alabama—
Table«,
Priuoipal
t..
Dec, 1890
paid.
tax rate, 7 mills. The loan to J. P. & M. KR.
secured by mortgage on road, and the question as
the Stae's obligation to the bondholders wasbeft
thf^ United States Supreme Court, ar:d decided
December,
1875, (V. 21, p. 691). in favor of t
State: no interest has been paid on these bor
for some years past, and a late decision of the Sti
Supreme Court liolds them unconstitutional. (V.
p.466; V. 22, p. 158.)
i
Oeorffia.—Th\s is one of the Southern States tl
has paid the interest on Its acknowledged debt, h
the State Legislature declared void all the sei
annual gold bonds of 1870, and $120,000 of the qo
terly bonds held by H. Clews & Co. the Brunswi
& Albany bonds, $1,500,000 and the followine re
road endorsements, viz.: Bninswick A AIdhi
Bainbridge Cuthbert & Columbi
$3,300,000;
I
•
;
;
IHstrUt qf ColumUa.— The total assessed value
of real ettate In 1875 was $116,427,693, of which
United
$21,975,000 was exempt from taxation.
States Attorney-General Pierrepont rendered an
opinion that the faith of the United States
is pledged for the payment of Interest on the
8.65 >)onds, but conflicting legal opinions have been
rendered as to the right of New York savings bnnks
to invest in these, as government securities. (V. 20,
See also V. 19, p. 15, 61, 142, 189, 477; V. 20,
p. 83.
p. 239, 446; V. 21, p. 68, 417, 465; V. 22, p. 181.)
i^rida.— Less the sinking fund of $49,900, and J.
Real
P. and M. loan, the total debt is $l,ll)9,ro0.
and personal property are valued about $35,000,000;
$600,000;
A
Cherokee Valley. $300,000;
Van Wert,
Cartersvli
value of p
of tax, f<
mills.
Macon & Brunswick Railroad endorf>en«
was declared valid by LCL'islature of 187^, 1
the later issue of $60'\n00 was declnred void
Governor's Messa
the Legislatnie in
1878.
V. sa, p. 8 7, refers at some length to the tra
actions of Mr. Henry Clewh with the State wh
he was acting as financial agent, and states tl
bonds retired were issued again without authori
(V. 80, p. 83. See also V. 19, p. Ill, 360, STB;
perty in
1874.
Assessed
$875,000.
$273,000,000; rate
80, p. 241, 836, 570.)
j
1
.
STATE 8E0UBITIBS.
February £6, 1876.]
SalMOribera will confer a creat
Avar by kItIoc Inanedlate
DESCRIPTION.
Date of
Bonds.
For explanation see notes on
first
page of
notle* ot any error dleravered In thee*
Sliseor
Amount
par
outstanding
Vaalue.
tables.
lUinoU-
1847
Interest bonds, Ineorlhed stook
Refunded stock bonds
Normal UnlrerBity bonds
Thornloii loan bonds
i,b6o
1,000
1,000
100 Ac.
WarboudH
ndiana—
1873
Bonds, short loan
School fund bonds (non-negotiable)
5,000
Rate.
INTEREST.
Wlien
Where payable and bjr
pay'ble.
WBom.
$921,060
286,000
6
23,000
86,000
142,300
6
J.
J.
J.
6
H.
6
J.
010,000
3,904,738
6
7A8
6
A
A
&
A
&
Prlnctpal
duo.
Am. Exchange Bank,
N.Y.,
J.
J.
do
do
do
do
J.
S.
J.
TaMea.
Jan., 1878
do
do
do
do
Various
Jan., 1880
Jau., 1880
Jan., 1880
New York.
Various
Various
when
1876-78
Kantas—
Bonds, 1861 to '69, funding, &o
Bonds for various State purposes
1861 to >69 100<fea.
1861 to '69 100 i&o.
1864 to '66
Military loan
101,175
889,000
346,000
6
7
7
500
266,1500
1.000
1,000
1,000
1,187,000
1,000,000
1,420.000
1,228,000
6
6
UntiHana—
Bonds for rel lef of State Treasury
Bonds In aid of various railroads
1853
Levee bonds
1866
1867
1870
1866
1870
1869
1870
1869
1869
1857
1870
1871
1869
1874
do
do
Bonds funding coupons
do to Bocuf & ( .rocodlio Navigation Co.
.
do
do
IhhulhI to Htiitc Ptniltcutiary
to fiiml lloatinjcilebt of State
do
do
do
do
to Mls8is.sii»iii
Mexican Gulf Canal..
to NortlUTii LouUlaiia
Texas RR. Co.
seiiiiiiary, lieUi by St. Treas..
sc liiol
Chattan'gaRR.
to N. Orleans, Mobile
Chattanooga
to NewOrlcans
Texas
to New Orleans
do
do
A
&
&
&
&
&
RR
RR
Consolidated funding bonds
500
100 &0.
260,.''>(X)
80,000
142.000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,920.000
2(iO,000
3.'i7.700
N. Y.. DonneU, L.
July.
J.
J.
J.
8
6
8
6
8
7
6
7-30
8
181,000
274,000
2,500.000
750,000
6,866,401
4
&
4
J
J
do
do
A Co.
N. O., Louisiana Nat. Bank,
J.
Various
Various
M. <k N.
M. 4 8.
N.
& J.
& J.
M. & 8.
M. & N.
M. & 8.
A. & O.
Various
J. & J
A. & O.
J. &J.
Y
do
do
bonds
War loan bonds
Bounty loan bonds
do
do
Miinicinal
—
Marytniuf
Baltimore
1
I
y
war debt assumed
500
500
tij 1851 to "61
Winslow, L. A Co.
do
do
.,
N. O. Louisiana Nat. Bank,
J.
J.
do
do
N. Y. Winslow, L.
do
A
*2
1863
1863
1864
1868
giaj
§§
J®c|
Ohio Railroad sterling
Chesapeake & Ohio Canal sterling
Susquehanna & Tide Water Canal
Ralfroafls and eaiials
Eastern Shore Railroad
Baltlmoi-6 & .SuKqnehanna Railroad
Chesapeake A Ohio Canal
Baltimore & Sn.squehauna Railroad
AnnapollH & Elkrldgo Railroad
1,000
500 &o.
100 &o.
1838
1838
1838
<fe
2,073,333
2,598,111
745,000
156,615
31,069
269,000
528,785
298,435
62,615
Various.
1839
1837
Defense Bounty Lttan
Deaf and Dumb Asylum Loan
Maryland Hospital Ix)an, 10-15 years
Maryland State Loan
Normal School Loan
Masgach unclts—
Lunatic Ho.spitaKWestem Massachusetts)...
1839
1839
1868
1871
1872
1873
1874
N. Y., Winslow, L.
1857
1861 to '62
1861
1862
1863
1863
1864
1864
War Loan, sterling^
1869
Troy_ A GreenUeld Railroad loan, sterling
1858 to '61
do
do
home
1861 to '63
do
do
sterling
1868
do
do
sterling
1871
do
do
sterling
1875
do
do
dollar bonds 1873 to '74
do
do
do
1875
Southern Vermont Railroad Loan
1860
Norwich
Worcester Railroad Loan
1857
Boston. Hartford * F^rie Railroad, sterling... 1868 to '69
Harbor Land Improvement (5-20s)
1874
Danvers Lunatic Hospital
1874
Lunatic Hospital, Worcester
1875
New State Prison
1875
Reformatory Prison for Women
1875
Back Bay Lands Loan
Unlou Fund Loan
do
do
do
Coast Defense Loan
Bounty Fund Loan
Bounty Fund Ijoan
do
do sterling
1,000
500
1,000
1,000
1,000
1,000
500 &o.
*100<fec
£200
£200 &c
BBnois.— The debt has been rapidly reduced of
late years, .inl, without the addition of new loans,
will soon he extinguished.
The Illinois Central
RAllroftd charter tax on earnings contributes over
JlOO.fluO per year to the State revenue.
The assess-
ment of
:
all
property in
187.5
was
H,08.5,529,a'J6.
some localities
Municipalities in Illinois are in
heavily incumbered with debt issued to railroads.
(V. 19, p. 15, .38, 586.)
/ndiana.— There are also $139,000 of war bonds.
There
& question as to the State's obligation to
pay the Wabash & Erie Canal debt. A reference
is
to the origin of
'
that debt, arii'ing
from the State's
compromise with the bondholders in l»4fi, will be
found in the CnaoNtrLE, V. 19, p. 493; see also p.
526.
A suit on the question was brought and decree
of sale obtained (V. 21, p. 85; V. S2, p. 104). Taxable valuation, IST.^— real estate, $621,416,973; personal, JS31,667,147; railroads, $18,4:16,919; corporations, |;4.ii4i,.5i)3;
tax
mitting towns to is-ue
rate,
IX
mills.
A
bonds was passed in
law per1875, the
main section being as follows:
"Section i.—Be U enactei bv the Genera! Assemof the State 0/ Indiana, That any corporated
town in this State which shall have heretofore, by
the action of its Board of Trnstees, commenced the
erection of any public buildings, to be nsed as a
market honsc. engine house or other public purposes, and shall not have the necessary means with
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
'iT'gate f lO.nno, in denominations of not less than
nor more than $.500, and payable at any place
may be riesignated in the bonds; the principal
n not less than one year nor more than (en years
!»fter the date of such
bonds, and the interest,
hty
annually or semi-annually, as
may
be therein pro-
vided, to provide the means with which to complete
"uch
buildinge;
providerl
that
such
bonds
<h»Il not be sold at a pitce less than ninetyour cents on the dollar, nor bear a g-^ater
rate
of
J.
&
&
&
A
O.
&
A
A
A
A
D.
J.
J.
J.
J.
5,598,912
1,500,000
1,000
1,000
5,000
1.000
700,000
1,300,000
200,000
£200
3,599.024
1,000
1,000
1,000
1,000
1,000
400,000
900.000
750,000
400,000
5g.
M.
J.
A.
A.
A.
J.
J.
J.
J.
A.
f
5
»•
g.
5g6g.
J.
J.
J.
J.
J.
A
A
A
A
A
A
&
Jan., 1914
do
do
do
do
1877-'78
March, 1883
Aug. 15, 1880
June, 1889
Oct., 1898
1890
1890
1865
1880 A 1890
1890
1890
1885
1890
1890
1875 A '93
1885 A '89
April, 1882 to '87
June, 1877
May, 1880
July, 1876
July, 1877 to "78
July, 1883
July, 1883
May, 1894
May, 1894
T>ondon, Baring Bros.
do
do
dodo
Boston Treasury.
London, Baring Bros.
do
do
do
do
Boston Treasury.
do
do
do
do
do
do
London, Baring Bros.
BostoQ Treasury.
Boston Treasury.
do
do
O.
O.
,
J.
J.
J.
J.
,
O.
J.
J.
J.
J.
J.
,
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. A July, 1900
July, 1894
July, 1894
1,000.000
300,000
than
eight
per
centum per
A
JTan^o^.— Kansas has but a small State debt, but
the issues of municipal bonds have been large. An
extract from the State Auditor's report is given In
V. 20, p. 14.
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
$100forallpnrpo^e8. State funds hold $759,290 of
the bonds, (V 20, p. 14.)
Lmtwuma, — A constitutional amendment, passed
Decembe 15, 1870, limited the total debt to
$46,000,000, but it was decided that bonds anthorized
The
previius to the amendment might be issued.
i
passed January 24, 1874, scaled
tO per cent of the face value. For
coupons lacking on bonds funded, similar coupone are cut from the new bonds issned; interest on
consc, bonds is paid in New York, but no interest paid on bonds unfunded; the total consols
Issned to Dec, '75, were as above, and the old
bonds outstanding are given as of that date acHis
cording to the statement of Gov. Kellogg.
message. Januarv. 187H, givt's total bonded debt as
$18.47i.443; bonded and floating debt, $19 061,645.
The gross debt reported January 1, 1875, by the
.Auditor was— bonds, $21,8T2,:)20; warrants. $1,423.
95-1.
Nothing was said of the contingent debt,
The
which was $5,488,802 in January, 1874.
mills,
Auditor recommended the same tax, of
in
1875 as in 1874 (in 1873 the rate was
mSiM) The total assessed value gf real estate
bill
was
$1.'SS.748,783; personal, $44,825,933; of
Orleans had $inr,,901,5«5 of real and
personal.
The gi-o-s revenue In
of
$.30,059,220
The
1874 wa* $8,514,:J32 and expenses $3,068,101.
Chattanooga
$2,.500.000 bonds to New Orleans
Railrnad have been declared void. (V. 20, p. "8, ft*,
in
18';4
which
similar law was passed for counties, which, referring to contracts tnat have been made for public
buildings. Ac, says that in counties where such
contracts have tieen so made, the board of commissioners of snch counties are authorized to Issue
bonds to an amount not exceeding one-half of one
per centum on the assessed valuation of the pro-icrtv of snch county, in addition to any loan for said
fmrpose for which bonds may have been heretofore
ssned, negotiated and sold.
funding
J.
J.
J.
J.
AN.
A J.
A O.
A
A
A
A
A
do
do
do
do
do
do
do
do
Boston Treasury,
do
do
do
do
do
do
do
do
M. AN.
?«•
l^-
annum."
the debt
J
?«
200 &c.
do
do
do
do
do
do
do
do
J.
l^- M. AN.
960,.50O
Baltimore, State Agent,
J.
4,000,744
999,944
554,180
2,9.'J2.400
interest
A.
J.
J.
J.
,
A Co.
London, Baring Bros,
do
do
do
do
TTI
Quart'y
4,379,.50O
£100
,fe
I
6
6
500 &c.
£.500
&.
.5
3
6
6
6
6
6
6
600.000
888,000
200,000
A.
A.
D.
O.
& J.
& J.
t«&
r
%' Quart'y
A. A 0.
225,000
330,000
443,471
100,000
50,000
220,000
1,424,000
&
&
18f»9
1909
1897
July 1 1910
AprU, 191
Augusta and Boston.
Boston, Suffolk Bank,
do
da
do
do
Augusta and Boston.
J.
J.
J.
3,333,-583
100 &o.
F.
J.
Co.
do
N. O Louisiana Nat. Bank.
N. Y ..Winslow, L. & Co.
N. O. Citizi^iiH' Bank of La.
N. Y, Winslow, L. A Co.
Various
M. & S.
71,000
385,000
307,000
2,330,000
2,827,000
Ac,
&c.
July, 1893
1872 to 1006
1886
May 1, 1907
March 1, 1875
1886 A '88
Jau. 1, 1890
March 1, 1909
May, 1910
do
do
Maine—
Civil loan
1883 to '84
1876 to '99
1884 to '99
do
do
New
A
476, ,521, 546; V. 21, p. 15, 63, 110,
613; V. 22, p. 62.)
JfiiiTK.—The sinking fonds, JannaiT, 1876, reduce the total debt to a net amount of $5,*r2,888.
Valuation of total taxables in 1875, $2.56.000.006;
tax rate, 5 mills. Governor's message in V. 2J, p.
jlforvian<f.— The assessed valuation of property In
1874 was $463.o;M.818 on which the rate of taxation
was 20 5-lH cents per $100; Income from dividends
on railroad, canal and other stocks owned by the
State was $i;«),469. The State has largely assisted
canals and railroads, and holds $6.06S..'09 of stocks
and bonds of solvent companies, leaving only
$5,304,117 of debt without any offset; the Slate
also holds $22,555,188 In unproductive securities.
On two investments only, the Comptroller says that
Ohio
the Stat" has met no loss, viz.. the Baltimore
and the Columbia A Port Deposit railroads.
A
down to
MH
Ha
ISO, 281, 489, 688,
—Governor's message on finances, V.
Maesachtuetts.
All
p. 62.
interest on the funded debi of
paid In coin.
The credit of
the State stauds nigh in London and at home.
During 18*4 the debt was increased $987,400,
The sinking funds in
and in lfi75, $4,500,000.
January. 1876, were $11,725,309. TheHoosac tunnel
has cost the State over $14,500,000. Real estate
perianal. Inin
assessed
1874, $1,289,808,763;
cluding hank shares, $.572,861,914; tax rate, 1.23-100
mills; deiHisits in savings banks, $217.45.'.: 90; corporation property (above real estate and machinery),
$84,775,'50. The loan to Boston Hariford A Erie
RR. was secured by deposit of $8,600,000 "Berdell"
SO, p.
mort. bonds. (V. 18, p. 63; V. 19. p. 117;
22,
Massachusetts
is
V
886, 581;
V,
«1. p.
»n; V.
Si!,
p. 88.)
)
1
STATE SECURITIES.
Subacrlbers
irlll
[February -26, 1876.
confer a KCeat fkvor by KlvInK Immediate notice of anr error dlacorered In these Tables.
DESCRIPTION.
Date
ot
81«e or
Amount
par
outstanding.
Bonds.
For explanations see notes on Hret page of tables.
Valne.
INTEREST.
Where Payalile and by
Pay'ble
Whom.
When
Rate.
Principal—Wher
Due.
Mich igan—
Renewal Loan Bonds
$1,000
1,000
1,000
1,000
$104,000
822,000
358,000
46,000
6
6
7
J.
J.
6
J.
1867
1868
1869
1873
1858
1,000
1,000
1,000
1,000
1,000
100,000
100,000
50,000
230,000
2,275,000
7
J.
J.
J.
J.
J.
1865 to '66
1868
1872
1874
1854 to '58
1857 to '59
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
439,000
2,727,000
401,000
104,000
2,853,000
392,000
504,000
2,340,000
3,735,000
1,455,000
6
6
1,-589,000
7
6
6
1871
1872
1,000
1,000
160,000
800,000
913&IO
9>3
Various
M. A S,
1861
1864
1872
1873
1,000
1,000
418,000
600,000
6
J.
100 <fec.
100 &c.
2,206,100
500,000
6
6
6
100 &c.
100 &c.
100 &c
1,000,900
900,900
593,400
6
6
6
1,000
1,057,000
14,855,000
7
7
,
Salute Blane Canal bonds
Minnesota
—
State Building Loan
do
do
do
do
do
do
roupou
Railroad Bonds (not recognized)
Missouri—
State bonds
ConsolidatiMl bonds
UnivorHit.v :incl Liinatii' As.vlnm bonds
Btatc Bank stoik rufuuding
Bonds to North iMinMouri Railroad
Bonds to Cairo & I'ulton Railroad
Bonds to Platte County Railroad
Bonds t»» Iron Mountain Railroad
Pacitio Railroa<l of
18.59 to '00
M issouri
Southwestern Branch Pacific Railroad
do
do
guar
Funding lionds
Renewal bonds, coup., 5-20s, (act Mch. 20, '7J
Hannibal & St. Joseph Railroad
do
do
renewal...
Nevada—
1854 to ',59
1853 to '59
1857 to '66
1856 to '61
1874
1875
1853 to '57
1874
State bonds
Tenitoriftl bonds
New Hampshire —
War loan, coupon bonds
do
do
Municipal war loan
State bonds
Kew Jersey—
War loan bonds, tax free
do
do
New York
do
do
—
1861
do
1863
1864
taxable
Bounty loan bonds, coupon
do
do
General fund debt
I'cgistered stock
—Astor
do
do
do
fanal a«Di,
debt
uanai
do
do
Under
Art. 7, Sec. 3, of Congtitutjo,, ^n,j ^rt. 7, Sec. 12.
1
-j
I
I
do
?fa
Jk^
Oregon —
In<;liucd plane loan
Coupon loan, April 2, ($28,000 registered)....
do
do
May 4
Registered loan. May 4
Coupon loan of April li) ($35,000 registered)
Stock loan ot Feb. 2 (registered)
do
do
do
do
do
(coupon
&
registered)
—
Miehirjan. The debt has been largely diminished
At^sessed vabiation of real
in the last few years.
and personal property, 1871-73, i;i,:W.O(IO.OOO, and tax
rateiJ'^ mills. Surplus revenue is applied to purchase of bonds. (V. 20, p. isn.)
—
AtifiTw^ta. All the State bonds are now held by
the permanent school fund. Minnesota is usually
classed anion;; the States which have avoided their
obHgations, in consequence of her refusal to recognize the "State Railroad bonds" of 1858 to the
amount of $2,*.J75,f)0O. Tliere seems to be a ;jrowing
feeling in the ISlate that those bonds should be
acknowledged. See Governor's Me(*.sage, V. 22, p.
S.'J.
Property valuation, 1S74, $2 7,000,000; tux, 3
(V. 19, p. 493.)
Missouri. Valuation of real and personal property
in 1875 was $.549,S*),4"1, upon which the tax is 4!^
Railrojul property was assessed at .54,849mills.
31'»',
as returned to County Courts; hut at only
$19,861,141, as returned to the State Auditor in
1876.
The State had $1 428,000 bonds maturinir
in 1875, and $3,907,000 in 187(i.
To provide for
these, a law of 1875 authorizes the sale of new bonds.
The Hannibal & St. Joseph Railroad provides for its
own debt. Bonds falling due are paid in currency,
pursuant to a resolution of the Legislature, although
some of these bonds are payable by their terms in
" gold or silver." Some difficulty has arisen about
mills.
—
months' interest due on bonds maturing.
8 3, ISl, 290, 3i:i, &W, 383. 477; V. 21, p.
the last six
(V. 20, p.
277; V. 22, p. 83.)
— The debt of Nevada
New JTantp^hire. — The debt of
Nevada.
is
hardly more than
New
Hamiisliire
was created for war purposes, and is being rapidly
reduced. The Municipal loan of 187S was issued to
cities and towns, the proceeds to be used in reducing;
their severarwar debts, which the State thus as-
sumed.
New
pal
is
g.
6g.
5A6g.
6
g.
6g.
6g.
6
g-
fig.
6
g.
5A6g.
606,884
4,072,640
2,400,000
6
6
J.
J.
J.
46,027
200,000
7
7
J.
J.
400,000
396,000
87,000
6
1,000
1,000
1,000
1.000
1,000
2,867.000
.50 ito.
1,2.56,400
50 &c.
50 ie.
92,850
7,890,550
;
J.
A.
J.
A.
A.
A.
A.
g.
5g.
J.
4l2g. J.
5 g. F.
5g. F.
5g. F.
F.
6
F.
5
F.
6
400,500
273,000
do
& J.
A J.
St. Paul, Treasury,
do
do
& J.
do
do
& J.
& J.
do
do
& D.
& 3 N. v., Bank of Commerce.
do
do
& J.
do
do
& J
do
& J.
do
do
& J.
do
do
do
& J,
do
do
& J,
do
do
& J
do
do
& J.
do
do
& J
do
do
& J
do
do
& J.
do
do
& J.
A J. N, Y., B'k N. America,
do
do
A J.
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
in 1675 $613,990,196, against
3X mills.
State tax,
New 3'br*.— There is also $68,000 contingent debt
Long Island Railroad, and $7,361 per annum for
Indian annnities. The debt of New York State has
been created chiefly for canals and for war purpost-s.
The latcial canals are a failure; hut the Erie Canal,
thriugh expensive (partly through political fraud in
its mana-^ement), has been a great success as an internal improvement. An abstract of the Governor's
Message was tiiven in V. 22, p. 6"t, showing a net
reduction of $2,744,505 in the debt for year ending
Sept, 30, 187.5. Tlie following were valuations ano
tax rate for State purposes in the year 1859, and
to
from
'.870
Year.
to 1871
Real Estate.
:
Personal.
State tax.
$3n7,.'Jt9,1.55
18)9... .. $t,097,.5H4,524
43l.28'l,278
1870... ..
1,.5:K,720,907
],.')it<l.9:J0,166
1871... .
462,617,732
1872... ..
1,M4,37»,410
147,248,035
1R73 ..
I,fi92,5a3,n7l
437,102,815
1874... ..
1.7.50,698.918
418,608 955
1875... .. •
2;387, 780,102
.
.
,
•
2«
7 41-166
5 79-120
9\
B 95-100
7«
8
It appears that the assessed value of real estate by
local assessors is $1,750,698,918, while the full value,
MS estimated by the State assessors, is $4,168,330,757.
The Comptroller
says the actual value should be
adopted as the basis of taxation. The debt decreased
in 1873 4 $3.'49,.570. The actual value of real estate
in 1874 was estimated to be $4,168,.3.30,7.57, and total
amount raised by tax. State and local, was $57,811,The local debts of cities in New York State are
381.
of counties, *46,ns."),2B4, and towns,
$1.37,.5S!),B 9
$25,140,181. (V. 19, p. 3.T«; V. 20, p. 88, 60, 615; V.
Jersey.— The debt was created for war purOf the first two classes of bonds the principayable, $100,000 per year. Valuation of real
63.)
is
heavily
North Caro'irui. North Candina
burdened with debt, la proportion to her taxable property. A lengthy extract from the TreasTotal
urer's report was given 'in V. 20, p. 84.
property was assessed in 1872 at $123,507,628, a
low valnation. Interest Is paid on bonds issued
to North Carolina Railroad ($2,800,000), as the
State holds $g,000,SOQ stock and receives div2i, p.
—
do
do
July, 1871
18/8 &'8I
May,
18i
July, 18'
State Treasnty.
do
J.
J.
Concord or Bostou,
do
do
do
do
do
do
J.
J.
J.
Trenton and Jersey City,
do
do
do
do
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
N. Y. Manhattan Bank.
J.
S.
do
do
Albany.
N. Y., Manhattan Bank.
Albany.
N. Y., Manhattan Bank,
do
do
do
do
do
do
do
do
do
do
0.
New
J.
York,
0.
do
do
do
do
do
J.
Raleigh, Treasury.
0.
0.
do
0.
J.
0.
J.
New
N. Y., American Exeh. B'k.
J.
J.
State Treasury.
do
do
A
'
Jan.,lS7flt<> Jan., 1886 to til
Jan., '97 to 190'.
Apri>, 1877
AJtMT, f 877
At *ni.
Julv, J»<7»
At
wlIJ.
Oct.,
]89ri
Dee.,
July,
1877
1887
Jan. 1,1883
July 1,1891
Oct.
1,
1892
1868 to '9*
1868 to •9«
mn
Indeflnit.
Oct.. ISii1898 to '9;»
Xita., ]'87<v
.iMy,- 1'88S
Jilft/v
I'SSr
ISS*
188<T
Farm.
do
do
do
do
do
do
do
do
0. PUla.,
A.
A.
A.
A.
A.
A.
'8
to 'i>^
1868 to '9>*
Jan., ntOO'
Oct., 189-
J.
J.
J.
J.
J.
1875to«
Jan.. '92 to 190
1879 to '80
]
York,
do
do
Juir,
Sept.,lKS4 to
On demand.
Albanj-.
A.
6
Am. Exchange Bank,
do
do
do
N.
;
nominal.
poses.
5
J. N. Y.,
&.J.
&
A
M. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
A. A
100 &c.
100 &e.
100 &c,
and personal property
t619,097,l»08
6
6
1,000
1849
1852
1852
1852
1852
1853
1807
1867
1867
do
6
J.
1870
—
J.
J.
J.
J.
J.
J.
J.
J.
J.
6
6
6
i,"o6o
. . :
Willamette Canal and Ix>ck
6
6
6
J.
100 &c.
100 &c.
1850
1860
1856
6
6
6
6
6
6
6
do
Registered loan, payable after 1875
do
do
do
June, 1881...
do
do
do
June, 1886...
6
6
4,738,800
3,639,400
2,383,000
1,695,000
2.417,400
1,711,400
383,045
44,000
11,407,000
1,000
1,000
Ohio—
Pennst/lrtnua^
=
500 4c.
500 &c.
Registered certiHeates of literary fund
Penitentiary bonds, act Aug. 24, 1888
Special tax Itouds
Bount.\' bonds.
800,000
1,537,887
473,000
880,000
1,562,900
847,500
4,302,600
2,000,000
66,443
Sn
1866
1868
1867
1868
6
561,.500
•S.a
1872
1873
1873
1874
Comptroller's bonds (by Rev. Stat's)
North Ckirolina—
Railroad and improvement bonds, old
do
do
do
old
RR. and improv't bonds, new (not .si>ecial tax)
do
do
Funding bonds, since war
do
do
.2
7
7
7
285,000
m-»
M.
7
1,900,000
3,087,000
2,715,000
=2
1827 to '32
1848
1848
1875
stock
deflclcncy loan
do
&
1863
1865
1859
18.'>8
Two Million I/oan
War Bounty Bonds
Mech. B'k,
do
do
do
do
do
do
do
do
April,
1879
July, 1882
July, 1882
Aug., 1877
Aug., 1877
Aug., 1878
Feb., 1872
Feb., 1872
Feb., 1877
idends thereon. Other interest in default. A Imn
ing bill passed the Legislature March. 1873. (S«
Chronicle, V. 20, p. :i36.) In New York bone
are classifled thus: "Old." being those Issued prif
to May ), 1S61, Coupons on from Jah. '69; " N. C. I
R." issue of »2,800,00n to that road, coups, cm sin<
.Ian. A April, '69; »arae "coup, off" have had
coups, paid; 'funding act '66 carry coups. Jan
'69;
68 carry conjions Apri
"funding act"
" New " authorized before war, except $1..50fl
'6t».
000 in 1868; "Special tax. 1st." carrj- coup. Apri
69; "2d" coup, of (Jet. '69: "3d" coup. April, 187i
(V. 18, p. 166, 629; V. 20, p. S4, 161, 283; V. 21, p. KO
—
<?Ai/?.— Ohio has a very small State debt, bi
large local debts, amounting in 1S7'5 to $25.957,.'W(
Valuations in 1874 were ; Real estate in cities, Ac
$366,031,721; other. $696.88:1,323; jiersonalty, $53.5
660,sl8.
Tax rate in 187.5. 3 -MO mills for State, an
an avera«Te of 2-S 0-10 mills for local pur])oses. C
the 1875 loau above $868,2-30 was paid .Ian. h 1871
and the balance April 1. Report on State and loci
debts, V. 22, p. 6-f.
Oregon.— T\\a debt is provided for by sinkin
Taxable property in 1872 was valued «
$37,174,160; 'yi mill tax was laid for Relief bond
and 1 mill for Bounty bonds.
funds.
Peiinnylranlft.-fo^xX debt Nov. .30, $23.2.33,13'.
available assets. $9,466,572; net debt. $13,766,564
The financial system is remarkable in Pennsylvani.'
in the fact that no t.TX is laid for State purposes o
Revenue is raised from numeron
real estate.
sources, principally from corporations. Taxes ar
levied on personal property, which was asses.sed a
$165,362,443, and the tax was «.VM,719 in 1R74. ."^tat
expenses have lately exceeded revenue, and sinkin
funds have been diverted to meet the deflciencA
The State holds $1,751,321 in stocks and M.iitiO.OOO r
railroad bonds.
Interest is paid in gold on a" tk
State debt issued prior to 1867. Any coupon bond
registered. The bonds due i
be
changed
to
may
1877 are pavahle at any time till 1888; ihose of 189
till 1892.
(V. 31, p. 187; V. 22, p. 64.)
,
.
... ..
'
1
STATE SECURITIES.
February 26, 1876.]
fl
Sobaerlbera will eonftr a creat lavor hj KiTiac Imoiedlat* aoMec ot aar error dl«eav«p««l la (li«M Taktoa.
DESCRIPTION.
For expIiumtiouB sec iiotviTon
flntt
Date of
81/e or
bunds.
par
page of tables,
AinouDt
outstanding
INTEREST.
Where payable and bjr
whom.
value.
Prinolpsl—
Blpai— when
due.
Wlien
payable
Bate.
—
rfWiMylvania fOonlinueftj—^
StooK loan of Feb. 2, (iL^jjlMtercd)
(riiii)iiiii iir roglstcrod)
do
do
do
do
18«7
<'hambcrfibiir)r ceiiilUiitcs. May
A Kri(Mi 1 iiral (College laud ucrlp
27
Ac.
(90,400
50 *c.
50 Ac.
9,'27 1,850
$.'iO
18<i7
1H(!7
.
(ic'.'isliTi-d)
1871
1873
(reglst'd)
1
Hhitlc Island-
War bond
18«3
1863
18«3
1804
do
do
do
Soffth f'nrolinit—
Stall- slixk
1,019,000
1,(KM>
668,000
746,000
18.'i7
18.->8
Fiindiii« billM rcci'ivablo
Payiuc'iit ol inlcri'st
Fimdiiif; t)Miik hi 1m
I
t'nin'cr.sinii 1m UK Is iiiid stock
Land COIN 111 iNHicMi bonds
Kirc loan biinils, stcrliiij?
1866
1854
1868
1868
1868
1,000
1,000
500,&c.
18(>!»
5()0,&o.
50,&c
1,()00
1860 to '70 500,<fec.
1838
1838
1869
1873
Various
1873
Various
stork, doinostic
Bonds— Relief
State Treasury.
Consolidated bonds, eoiip. (Funding act)
stoek (Funding act)
do
Railroad endorsements
Te lUfusee
Now funding bonds, act of 1873
Itonds registere<l, act of 1873
Fundabll^ bonds and coup, not yet presented.
Bonds, registerable, not presentexl
Hild by JC.T. University (not to be funded)
—
1874
Various.
Various.
Various.
1,000
1,000
Various
loan bonds, coupon
do
registered
Tirainia
Old bonds, coupon
do
registered
do
sterling
Funded bonds, coupon
do
registered
do
aterling coupon
Consolidated (Act 1871) coupon, receivable.
do
do
reg., conv. do
do
(Act 1872) coup., not receivable
1862
1862
—
1851 to
1851 to
1867
1871
1871
1872
1872
1871
1871
1871 to '74
.
do
do
do
reg.,
'61
Deferred certiUeates (W. Va.)
Interest on sterling debt, funded
Oertlflcates for one-third interest
—
Duo
Rhfxle Island. Tlie debt was all created for war
purposes and is being steadily diminished.
The
valuation of real and personal property in 1873 was
$217,198,580, and tax rate 80 cents on $100.
1,000
1,000
1,000
1,000
1,000
6
10
7
10
100
500,&c.
500,&c.
1U,000
6
168,000
6
poll-tax
— On
interest
due January
1,
the
first
July.
1874,
|
$jO0,0Oii,
,
661,762
j
agent Jan. 1,1875
OiAttaudiog wan ants
3O',O0fl
At pleaaure.
Coluiiihia, State Treaflury.
do
do
Jan. I. 1877
Jan. I. 1888
July 1,1883 to '85
d*
do
do
do
do
do
<lo
do
do
do
iJnIy 1,1887 to '89
July 1,1882 to '86
1871 to 'HO
C'oliiiiiliia and New York. July 1, 1887 to '97
Coluuibia. Treasury.
iJuly 1,1875 to '79
;
I
I
'
Columbia.
A
A
J N.
J
J.
Y.,
Fourth Nat. Bank,
do
do
A J. N. Y., Fom-th Nat. Bank.
A J. N. Y., Bank of New York,
A J.
do
do
M. A 8.
do
do
M. A 8.
do
do
J. A J.
do
do
f. A J.
do
do
J. A J.
do
do
A D. Boston, N. B. Mut. Rcd'n.
J. A D.
Montpelier, Treasury.
& J.
New York.
A J.
Bieluuoud, Treasury.
J. A J.
London, Burlug B. A Co.
A J.
New York.
A J.
Bieluuoud, Treasury.
1. A J.
(to
J. A J.
do
A J.
do
A J.
do
J. A J.
tlo
A J.
J. A J.
London, Baring B. A Co.
I
Jnly
July
July
July
1,
1,
1,
1,
July
July
i,
1,
1888
1888
1889
188'Z
1868
1868
1888
Jaly 1. 1893
July 1, 1893
July 1, 1914
1875 to 1900
1900
1875 to 1900
J.
Varioiu.
J.
J.
1877 and 1891
Jan.. 1884
1910
.1.
Sept.
1^876
Marob 1. 1904
1894
1875 to '78
1875 to '90
.1.
1886 to '95
.1.
At pleaeura
.1.
.1.
1886
10 to 34 years
10 to 34 years
.1.
1905
1905
190.5
,1.
.1.
Contingent
1905
l,828,7'-'4
$37,100
$1,860,000
821,000
cents o" the $100. Tennessee bonds sold as "Old"
are those issued before 1862, and having coupons
of Jnly, 1-69; Old "ex coupon," have only the
coupon of July. 187.5; " New," issued since 186* carrying coupon of July, 1869, " ex coupon" July, 1875,
only; '• New Series," the new funding boDos. (V.
18, p. 14.3, 247. .360. 497: V. 111. p. IBT; V. 20, p. 14, 84,
161, 282, 491
V. 21, p. 87, 313, 614.)
;
IO8.O1X)
raras.-The ^tatc Comptroller, August
31, 1P75.
reported total funded debt $1,I07,'>88; floating debt,
$614,326. The valnatiiui of taxable pmperty in
1874 was $241,841,860, against $207,920,521) In 1872.
Tax rate in 1874, 50. (V. 19, p. 15, 117. 14J; V. SO,
Net
p. 84.)
receipts
be received from taxes
all
sonrces in 1874
$1,586,000
838,406
—
2,423,406
$2.30.585
State's endoi-semcnts for railroads are $l,80J,00il. of
which $I,560,00'J is taken care of bvthc roads. Total
valuation of real estate, $28 l,000"pno, and railroad
The rato of taxation is 40
324,0761 propcrtv, $51,000,000.
$2,092,416
Marrh. 1882
April. 1893
July, 1M))3
Aug., 1894
J.
J.
li
... $1,4:30,654
A T. Oo.
do
dn
do
A
A
Subsequently laws were passed to tax railroads,
which it was claimed would give an increaf^e of
revenue over 1H71.
The Isw passed in March.
1873, provided for funding all outstanding, legally
issued bonds, i.ue between July 1, 1874. and
July 1, 18h4, as well as all past due coupons,
and coupons matnring on or before .Tan. 1. 1874. in
a 10-40 year per cent bond. The total debt given
above is substantially, necirdlng to the last report
of the Comptroller, January, 1875. The (Comptroller
estimated debt of solvent,' railroads at, f 3,288. 8'W;
due from purchasers of railroads then sold, $:n2.0C0;
value of Knoxvllle .S; Charleston road, $100,000. The
ESTIMATEO EXPENSES.
fiscal
•il2,608
I
K.
June. 1876
Total current receipts
$1,789,000
15 p. ct. commiss'ns, Ac.
204,000
Diflcit
the pay-
rent year:
One
6
fund
Total receipts
but
Total expenses
6
6
I. II.
do
do
do
J.
Deduct
To
was resnmed, "and the interest
paid by help of a
1^75, was
Total interest per annum on bonds..
State government expenses
1,712,000
1,030,784
15,239,370
Stale tax of 40 cents
Privilege tax
Clerks of courts, Ac
I
default again made July,
1875. The (iovernor'B letter in December. 1875.
on the finances, discouraired the expectation of
further payments soon, and suggested funding.
(.S«e V 21, p. fil4.)
The State Treasurer, February
35, 1875. gave the following estimates for the curioim of
6
6
5
6
Providence, R.
6
g.
Feb.. 1877
Feb., 1882
Feb.. 1882
do
do
Columbia A Fl«. Agen. N.YJ
New York or Columbia.
J.
do
do
E9TIMATEO RECKIPTS.
'
giving new bonds to the extent of 50 per cent, and
nerlared void the conversion iionds to the amount
of .f.'i !Ki5.no(t. Tiie .January and July interest was
(laid on consolidated bonds, but a loss to the State
of about $200,000 cash by failure of a trust comPAuy caused a suspension of payments afterwards.
Interest due .January, 1876, paid February 15.
Tlic
I' tal
debt when funded will amount to f().l»7,
Ml. Total valuation of all property, iiir6,%.'i,.W2;
rato of taxation in 1871, 12, mills.
(V. 20, p. 81, 241,
ail, 868, 517; V. 21, p. 48!l, 614.)
of
;
l,:i5.5,515
466,250
....
7
10
6
5
6
6
18,881,500
6
7g.
I
£100
—
Tenjuisnte.
8
5&
A
Miwb. R'k
Columbia and New York.
do
dn
do
do
do
do
do
do
I»ndon.
2 id
J.
J.
5, 5>4,
200,000
410,000
697,000
279,000
500,000
1,000.000
1,100,000
100,&c.
100,&c.
100,&e.
lOO.&c.
Various
J.
J.
J.
I-
,0.">(>.O00
'700,000
.1.
.1.
A
HaiTisburg Trcjuiury.
do
do
J.
J.
J.
g.
6
1,865,000
J.
J.
J.
J.
J.
A
A
A
A
A
A
A
A
s«-
5,'290,281
*7,202,652
J.
J.
Total requirement for current expenses
and floating debt
$8,653,592
So. Carolina. The Governor's message on finances
in V. 21, p. .5:55.
The funding law approved Dec.
2*^, 1873, provided for scaling down the old debt by
ment
6
16,084
4,707,608
1
Various
K.
««•
6g.
6,222,000
)
K.
6g.
6
5
500&0
A B.
A O.
A J.
A A.
A.
iJ.
16,2H!I,000
'61 Vari's 5
18.31
£100 Ac
1860 to '67
500)
1866 to '67 Vari's )
M.
Farm.
do
do
A.'Phlla.,
A.
A.
A.
Q.-J.
6
6
Vernionl—
A
A
A
A
J.
F.
5«'
3'J(),000
.
P.
F.
F.
F.
38,8.37
18H,HH6
121,051
296,700
215,107
rj3,175
287,000
884,113
867,000
368,000
817,000
1,109,550
1,470,300
261,000
481,044
292,641
616,000
1,074,000
Funding State debt
1866 & '71
Funding State warrants, act May 2, 1874
1874
Frontier defense, gold, act August 5, 1870
1870
Beveiiue deflcicuey bonds, act May 19, 1 871
1871
do
do
act Dec. 2, 1871..
1872
Bonds, act Mar., 1874 (for paying float'gdebt)
1874
Veteran Pension bonds, act Ang.,'70& Apl.,'74
1874
War
6
6
U
«
i.'ooo
. .
,
6
6
20.->,000
1,000
Various
VariouH
Various
Various
1859
Various
1861
Various
1858 to '54
1,000
do
2d do
do
do
do
3d do
do
4th do
do
do
5tli do
do
bonds
do
Funding bonds and stock
niiio Uidf;i^ Kililroiid bonds
do
1,000
1,000
17i»4
183(5
t^VMf llonso stock, l»t IsBue
5
«
5
723,050
S2,7«9
500,000
r«7K0n<.— This State has a very small debt all
created for war purposes. Of the registered bonds
$135,500 are held for ,\griciiltural College.
The
sinking fund, Aug. 1., ISfl, was |37.9S».
nr*7ini«.— The
Finidlng ait of 1871 provided
funded bonds shonld be i«.ei*For J-3 of iho old bonds »
new bond was issued, and frr he other j a deferred
certificate given (as the proportion dne by West
Virginia). The act of 18:2 amended that of 1871 by
not allowing coupons to be received for taxes, Afl
the amounts marked (*i may be fuuded under the
amended act of 18:2. The sinking fund holds $2,441.OS' of State hondsand certificates. luterestdne Jan.,
1874. was paid in part (2 per centi in .fuly. 1874.
.Ml
interest overdue and unpaid to Sept. 90, 1875, ,'on
the basis of 4 per cent.) was SI, 199,864. Assessed
value of property is $:329,4'.J4,I.'>2; lax rate, 5 mills.
Auditor's report. V. 21. p 604. (V. l\ p. 29S Ml.
686. 582; V. 20, p. 14,
386, UTS, 647; V. SI, p.
^
tha'
coupons
of the
ablc for State
t<".:cco.
I
m,
527, 604.)
'
.
'
....
CITY SECUBITIES.
viii
[February 26, 1876.
Subscriber* will eonfer a great favor by glTliiK Inunedlate notice of any error dlacovered In tbeee Tables.
INTEREST.
Where Payable and by
Whom.
DESCRIPTION.
For explanations see notes on first page of
tables
Albany, N. T.—
Albany & Northern RaUroad loan
Relief of drafted
New York.
May, 1879
do
June, 1880 to
Boston, Merchants' Bank. Feb.. 1885 to '94
New York.
March, '95 to 1900
do
Nov., 1910, 11,'12
II
men
PurcUane Congress Hall Block
improvement
Washiugtou Parle.
City improvement
City
New PoHt Office
,
Additional supply
Bonds loaned
to
do
Augusta, Oa.—
Bonds
Albany & Susquehanna RR.
Albany & W. Stockbrldge RR.
Feb.,
Boston.
—
BuHimoi'e
Consolidated loan of 1890
Consolidated bounty loan
Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan
Five million loan to Baltimore & Ohio RR
One million loan to Pittsburgh & Cmciu'tl RR
do
do
do
do
Balto., Farm.
.
Bank.
Bank,
do
do
do
do
& Plan. Bank.
Bank.
&
Bank,
Balto., N. Mechauiiis'
Balto., Farm.
Plan.
NewatyHaU
do
do
do
do
do
do
do
do
Consolidated loan
Court house loan
Funding loan
Balto., N. Mechanics'
Balto., Farm. & Plan.
do
do
do
do
do
Bangor, Me.—
Western Maryland
Union Raili'oad
do
do
do
j
Jan. 1, 1895
Jan. 1,1890
Jan. 1, 1886
1
1
July 1,1884J
190^
At wiU.
July 1, 1900
Feb. 1, 1894
Jan. 1, 1902
April 9, 1900
Oct. 31,1886.
March 8, 1892
Balto., North. Central RR.
Jan. 1, 1877
Balto., N. Mechanics' Bank. Jan. 1, '90& 1900
.
RR
1890
7, 190
1885
Baltimore,Register'8 Office,
KB.
1,
At pleasure. (
Sept. 1, 18931
Sept. 1, 18931
Sept. 1,18901
March
Bank.
Bank.
Balto., N. Mecuanics' Bank,
do
July
April 15,
Baltlmore.Begister's Office.
Western Mary hind Railroad
Jones' Falls
Valley Railroad
Patterson Park extension
Endorsements for York & Cumberland
to
1876 to '89
&
Balto., Farm.
Plan.
Balto., N. Mechanics'
Water loan
1876
1895-'97
July 1, 1876^
Augusta.
for various puriroses
do
do
March, 1876 to '94
do
do
do
do
do
site
Water stock
Principal—When
Due.
City debt projier
Municipal loan
Water loan bonds, coup. (Act Feb. 22, 1875)
European & North American Railroad
Bangor & Piscataquis Railroad
1895
Baltimore, Franklin Bank.
Jan.
Boston, Merchants' N. B'k
Boston or Bangor.
Boston, Merch'ts' Nat. B'k,
1875 to "94
Jan. 1,1894
July 1, 1905
Jan. 1,1894
April 1, 1899
do
do
do
do
—
1,
Boston
Renewal city debt, sterlin:
For city purposes, war debt.
London, Baring Brothers.
Boston.
<fec
do
do
do
Burnt district, sterling loan
do
Landon, Baring Brothers.
do
Consolidated street Iniprovem't, sterling loan,
Roxbury
debt,
assumed
Boston.
Dorchester del)t, assumed
Charlestown debt, assumed
Mystic water debt, assumed
Brighton debt, assumed
do
do
do
do
do
do
do
do
West Roxbury debt, assumed
Water loan, now main, Brookline Reservoir. ..
do
Chestnut Hill reservoir
renewal of loan due '70-71, all reg.
do
do
Water works,
do
do
do
do
London, Baring Brothers.
'72-73.
Roxbmy, coupon
do
do
do
do
do
do
Dorchester, all registered,
W. Roxbury & Brighton, all reg
Additional siipply water
Various purposes, for water works
Water loan bonds, gold, coupon or reg.
—
Jan.
Soldiers' aid fund loan
National Guard and Volunteer Firemen's loan
Third street improvement loan, local
Gowanus canal improvement loan, local
Bushwick avenue
do
do
South Seventh street do
do
Union street
do
do
Fourth avenue
do
do
do
do
do
Wallabout Bay
do
do
Bedford avenue
do
do
Kent avenue basin do
do
New York Bridge loan, registered and coupon
Prospect Park loan, registered and coupon
do
do
.
$.13,1(51,203:
personal, $6,508,101; total,
Estimated true value of
(9,669,301.
real estate,
r102,'164,770.
Augusta.—Bonia created chiefly for
ments and other municipal purposes.
Baltimore.
with Oct.
—The
fiscal
year of
city
improve-
Baltimore ends
The
city credit has been loaned extensively to railroads, in exchange for their securities, which it holdj* to a larce nominal amount. The
sinking fund for Bait. & Ohio Railroad $5,000,000
31.
loan
West Maryland Raib cad sinking
fund, $149,1«5; and the total of the several other
sinking funds, Sfi.tSr.SSl. The Bait. & Ohio RR,
pays interest on $5,000,000 loan Water loan is paid
by income of water works, and Public Park by City
Passenger Railway, and out of a total debt of
$3-2,943,425 only *16.154,:9? is dependent on the tax
levy.
The assessed value of property in 1875 is
$281,212,513; tax rate, 1875, $1 80 on the$100forcity
purposes, and .20V for State. Population in 1870
was a67,.354, against 212,418 in 1860.
is $l,"4ti,973;
;
Bangor, Jf«.— The valuation of real and personal
property is $10,510,694; rate of taxation, 2.90 per
cent. The loans to European & North American
Railroad and to Bangor & Piscataquis Railroad are
seeor^u by first mortgages on those roads.
of this for city and $1 04 for State purposes'
against a total of $i5 60 per $1,(X)0 last year. The
total debt, both funded and unfunded, at the close of
the last fiscal year, April 30, 1875, was $43.512,61 1, and
the sinking funds, bonds, mortgages, Ac, $16 218,40-i.
The sinking fund provisioDS are sufficient to meet
the debt as itmatares.In March. 1875, Mr. Turner,
city auditor, gave his estimates for the revenue lequired for the coming financial year I875-7b, commencing May 1, 1875, and terminating April 30, 1876.
This estimate is based on an assumption of strictest
economy in all departments. He says: It is a source
of congratulation that in meeting the actual wants
of the municipality and avoiding the borrowing of
money for other than for the additional supply of
water, extension of the water works, and extensive
and costly street improvements, the tax per each
thousand dollars
be largely reduced from last
year. The following is a comparison of the appropriations asked for and income to be received, compared with the estimates for l'*?4-5will
1875-6.
Appropriations
Income
2,861,428
1874-6.
$13,645,143
2,728,850
$9,324,380
$10,916,293
$12,18S,805
Percentage
279,731
3-27,469
$9,604,111
$11,213,782
Placing the tax to be paid to the State at the same
as laat year, the estimated tax warrants exhibit the
following result:
Boston.— The population of Boston in 1870 was
298,497, against 177,840 in 1860. Valuation of real
property in 1875, including the recent annexations,
was $558,769,500, and personal, $234,998,400; upon
which the rate of taxation is $13 70 per $1,000— $12 66
April, 1905-
1879 to '81
1891
1887
1885 to '94
1880 to '81
1881
1876 to '90
1876 to '90
1876 to '90
1877 to '86
1876 to '95
1876 to '95
1876 to '90
1877
1879
1901 to '24
1915 to '24
1915 to '24
Mount Prospect Square loan
Real estate,
&
1902 to 1904
1901 to 1904
Oct., 1905
JSrooklyii
Debt of Williamsburgh, local improvement
Brooklyn local improvement loan
AHany.— There are sinking funds for municipal
bonds and for watt;r stock. 'The loan to Albany &
Suequeh. is secured by let mort. The assessed valuation of property in 18T4 by State authonties was;
Oct., 1878
1876 to '99
April, 1901
Oct., 1902
lS80to'99
1901 to 1905
Jan., 1901
Boston.
Roxbury & Dorchester
July, 1878
1874 to '87
1875 to '95
April, 1893
July, 1899
1874 to '85
1875 to '82
1876 to '93
1875 to '94
1875 to '83
1875 to '92
$9,804,111 00
802,120 00
1874
$11,243,782 00
802,120 00
$10,406,231 00
$13,0*5,902 00
1875.
City and County
State
last forty years, with a single excepthe taxable valuation has shown an annnal
Mayor Cobb's message. January, 1876,
fives a net decrease of debt in 1875, amounting to
During the
tion,
increase.
305,579.
(V. 22, p. 61.)
Brooklyn.— The statement of debt
Mayor's message dated January 1,
city debt as follows:
is
from the
which
1876,
made the whole
Permanent loans
$26,063,000
3,462,736
Sinking funds
$22,600,263
Balance
Loans chargeable on specified property,
Tax
.
lO.WiS.iit'O
2, 379.000
certificates
$35,031,883
Total
—The
Mayor, in his message, January, 1876, stated
that the debt chargeable on taxation decreased
in 1875 $5,2i(', against an increase of $512.08!i in
1874, $2,426,516 in 1873. $1,591,411 in 1872, and
$3,590,581 in 1871. Population in 1870, 396,200. aeainet
Valuation of property in King s
26ti,B61 in 1860.
County in 1874, by the State Board of Equalization,
$n9,085..S70 for real estate, and personal, $18,975,980;
they estimated the true value of real estate
The Board of Supervisors
to be $426,393,740.
the total taxable property of Brooklyn
in 18i5 at $225,r6,755, or about t» per cent of true
value. The debt of Kings tonnty, separate from
value
the debt of Brooklyn,
is
$3,936,Oi>0. of
which the
citv is responsible for about $.'(,7:19,200. Average
tax rate in 1875, $3 41 per $100, against $8 52 in
1874, and $3 46 in 1873. (V. 19, p. 142. 652; V. 20, p.
620.)
.
1
.
1
:
OITY SEOUKITIES.
February 26, 1876.]
Sabserlbars will coarer
m.
great
nvor br slvlnc ImmedlaM
UKSCRIPTION.
INTEREST.
Date of
Size or
Amoimt
bonds.
par
outstanding.
ForexplaimtioiiH nee notes on Hrst page of tables.
notice of anr error dlaeoTcrad In tbeao Tabloa
value.
Bate.
When
SroolUun—f OonUnued)—
1872
$1,000
1857 to '72 1,000
1872 to '75 1,000
Deficiency boiids
Permanent wat«r loan
do
do
Sewei-a^e bonds, i^ontiuuous, local
Assi'ssniciit fund bonds, continuous local.
Ceulial :trLil Knickerbocker avenue bonds..
do
Suiitli liriHiklyn
1870
1872
1873
1872 to '73
do
Boulevard bonds
Temporary tax certificates...-.
OlkarUiton, S. (J.—
City stock
City bonds, coupon
Fire loan bonds, coupon
Okftttgo—
Water loan
do
Sewerage bonds
do
River Improvement bonds
Muuk-liKil bonds
UnniciiKit and Ucliool bonds
South I'urk loan (secured on South. Dlv.) ..
West Chicago Park (iteoured on West. Dlv.)
Cook County debt
....
5,240,314
51,500
....
223,000
J
1,000
1,000
500 &0.
1,000
1,000
Q.-J
917.000
3,660,000
87,000
2,550,000
6
7
6
7
7
6
7
7
7
2,(!'il,000
500 &0.
1!)M,000
3,IJH,()00
1870 to '72 1,000
1863 to '72 500 &0.
2,000,000
610,600
3,681,500
J.
J.
J.
J.
J.
6
&
&
&
A
&
&
&
&
<Sc
I&M
Wui'khoiue anil Oipliau Asylum
Y,
Bou<U f»u" erection of a Workhouse
Y2 & O
Bonds for Water Works
C2
Bonds for Water Works
03
Bonds for Common School purposes
P2
Bonds for Common School purposes
P
Bonds to O. & M. RK. to pure base whf. prop..N
Bonds to pur. KpUcopal bury'g gds. for park.Q
Bonds for e.tt. ami inipr. Water W..Ci D. &K
Bonds for funding Hoatlng debt
A2
Bonds loaued to Whitewater Canal
A
Bonds for new Hospital
8
Bonds for new Hospital
82
Bonds for funding ttuatlng debt
L
Extension and iiiiprovc. Water Works... K &F
Bonds to purchase Orp'n Asyl. grds. for park.O
Bonds for Wtu'khouse
Y3
Bonds for sewerage
R
Bonds for improving liUbert avenue
U
Bonds to build Kgglostou avenue sewer
B3
Bonds for iiuprovement bonds
W
Bonds for Water Work purposes
C4
W2
General improvement
Cincinnati Southern
RR
do
do
Floating debt, bouds, coupon
Water- works bonds
OUvelaiul—
Water works
Funded debt
Lake View Park
Canal
Viaduct
School
Street o^icniugs,
(ia.
—
25,000
150,000
1,075,000
25,000
43.000
210.000
40.000
1868
1842 to '54
1845
1835
1855
1834
1358 A '66
1868
1868
1868
1868
1860 to '61
1855
1860
1847 t« '50 500 <Scc.
1847 to '48 500 etc.
1847 to '48 1,000
1807
1,000
1868
1,000
1853
1,000
1853
1,000
1858
1,000
1868
1,000
1869
1,000
1860
1,000
1869
1,000
1871
1,000
1871
1,000
1871
1,000
1872
1,000
1874
1,000
1874
1,000
1875
1,000
47
250,000
150.000
l.'iO.OOO
100,000
99,000
195,000
17,000
397,500
146,500
27,000
500,000
2.^0,000
(iO.OOO
18.56 to '72
1868 to '71
.
Elhdhelh, iV. J.—
Iiupr<ivement bonds
1855
1855
1859
1872
to
to
to
to
Funded debt bonds
School House bonds
Market House bonds
Consolidation bonds
C—
7
7
7
7
1,000
100 &c.
5
6
3-10
3-10
3-10
3-10
6
6
6
6
6
6
7 3-10
7 3-10
1,525,000
1,822,000
315,000
150,000
208,000
429,000
200,000
600,000
1,268,600
683,400
'59
-75
'71
'74
1869 to '74
1870 to '75
1872 to '73
1865 to '66
1875
ti
175,000
100,000
70,000
150,000
130,000
100,000
136,000
130,000
600,000
200,000
10,000,000
500,000
250,000
Ac
Suh.scriptions to various railroad stocks
Bonds for funding and other purposes
DelroU, MichBouds for various City purposes
Bouds for Water Work Co., on city's credit.
Public Building stock (City Hall) bonds
Public sewer bunds
Vai-ious
6
6
fi
7
7
7
7
3-10
3-10
3-10
3-10
7 3-10
7
7
6&
6&
7
7
6& 7
7
6& 7
329,000
243,800
J.
Water Works, which last year yielded an income
011730,144 81, and from >he rapid extension of the
mains and increase of population, will yield much
more largely in future. Practically, therefore, the
•mount of our funded debt is $8,807,000, being the
remainder after deducting the water debt. From
other sources the followiu'.; is compiled:
'
Assessed value.
x
Tax
Yenf
Real Estate. Per. Estate. Rate,
,„„,
$.31,587,515
$5,.55i,300 $15 00
the
——
is
;S*
™J
IS*
;*»
ifS
;Sg
iSJ
a5.i4i,2.5a
7,4711.572
87,148.043
44,0<M,499
66,4»5,118
11,584,759
140,8.'S7,040
174,503,410
...211,3,1,240
JSJ-
223,643,600
}°ti
1(36,898,850
J™*
}fS
"'*
S6S,969,8»
239.154,890
866,549,310
20.M1,678
19,447,911
51.392,004
53,939,469
5l,8i3,640
52,342,950
62,8*7,820
45,042.540
49,103.175
45,166,830
2000
20
30
20
13
14
l.'i
15
10
15
18
18
00
00
00
00
00
00
00
00
00
00
00
Nat. Bank,
do
do
do
do
do
do
do
do
do
do
do
do
do
do
N. Y., Metropolitan Bank.
do
do
Am. Exchange Bank,
do
do
do
do
Cincinnati.
Am. Exchange Bank,
do
do
do
do
do
do
do
do
do
do
Oiuclunati.
Am. Exchange Bank
do
do
do
do
,
Am. Excb.
Nat.
do
do
do
do
do
do
Bk
Clnclnuatl.
Nat. Bk.
Am. Exch.
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.
Various
Various
Various
Various
Various
do
do
do
do
do
do
do
do
do
New York.
New York and Columbus.
—
125,400
1,201,000
684,000
272,500
Various N. Y., Metroiwlitan N. Bk,
Various
do
do
Various N. Y., Metropolitan N. Bk,
1,000
1,000
1,000
1,000
1,000
2,969,000
763,000
90,000
80,000
1,500,000
Various N. Y., Farmers' L. & T. Co.
Various
do
do
Various
do
do
Various
do
do
F.
A.
& A
distinct corporations.
do
& O
was
the State our funded debt cannot be increased above
the present amount for some years to come. Of our
tl3,47.S,0iK) of fimded del>t $4,581,000 is on account of
18t»0
Cltr-
Various N. Y., Am. Exoh. Nat. B'k.
real property. 74, *2.>8,M!),310; personal, *4.'j,l.V),h«0
Tax rate, 18 mills. The Illinois
»t«te valuation is $«4. 11 8,640, and the ci
y debt is
limited to 5 p. c. of that.
The comptroMor says:
"Owing to the wise provision in the Coustitution of
—toUl, 1303,705,140.
Am. Ex.
N. Y.,
7
7
7
Population in 1870 was 306,605, and in October, 1874,
395,226, against 109,260 in 1860. Cook Co. debt is all
7 per cent, and interest is all payable in J. & J., or in
.M. &, N.
The So. Park, W. Chicago Park, and Lincoln Park loans are not debts of the city, but of
;
1875 to '98
1883 to '84
do
M.& N.
M. & N. N.Y.
M. & N.
M. & N.
Various
J. & D. N. Y.
F. & A.
J. & D.
J. & J.
J. &.J.
M. & N.
M. &N.
A. & O. N. Y.,
M. & N.
M. & N.
J. &D. N.Y.,
M. & N.
J. & J.
Various
M. &
A. & O. N.Y
M. & 8.
M. & S.
A. & O.
M. & 8.
F. & A.
J. & D.
J. & J.
J. & J.
M.& N.
CharUsUm, S.
The bonds of Charleston are
mostly held within the State of South Ciirolina.
The total assessed value of property in 18:.3 was
$17,9r8,l'»l
rate of tax. 2 per cent. Sinking funds
rednce the total debt to f l.BTJ.Iifl.'!.
Chicago.— 1\\e total funded debt at the close of the
JstlUcal year, April 1, IWS, was $18,45li,000. Certificates of indebtedness. $3,317,24!). Assessed valno of
,
1880
1874 to '76
1875
1874 to '76
6
J. & .T. N.Y., Am. Exchange Bank,
7 3-10 J. & V.
do
do
Various
6
do
do
5(i.000
1854 to '73
1854 to '74
1872 to '74
1874
1873 to '74
1864 to '71
1868
1860 to '74
House of Correction
Main sewers
Street Improvements
Columbus,
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1881 to 1902
Cluu'lestou.
J.
J.
J.
J,
J.
J.
J.
J.
due.
3 year* ttom date.
3 yean from date
New York
J.
Oineinnati^
Koimtii's to Volunteers
T
To Imild Eftxli'stou avenue sewer
B2
I.u:in« to Kailioads
F, A, O, H,
Cuiiiuxt>ti .school purposes, reg
A
Uouil.s to fund Itoatiu^ debt
Bonils to 0.& >I. KK. li> purchase wW. prop.N
BoatlH fur Coiuiiiou Strliool purposes
do
do
do
do
do
do
do
Various
J.
Prlnolpal— when
Brooklyn,
N.
018,000
153,000
842,000
2,379,000
500.<t:o.
....
4
4,435. r>00
1,000
1853 to '54
1866
&
9319.000
0,41G.0OO
1,309,000
l,40U„5OO
1,000
1,000
1,000
Where pavuble and by
wnom.
payable
do
do
do
1877 to '82
1882 to '95
1880
1880 to '05
1890 to '95
1875 to '76
1881 to '99
1874 to '79
1890
1873 to '89
July, 1876'
1878
1878 to '84
1885
1830
1885
1885
1886 to '88
June, 1888
Aug., 1888
June, 1889
July, 1888
Jan., 1890
Nov., 1890
Nov., 1890
April 1, 1895
March, 1897
March, 1897
June, 1897
Nov., 1897
Jan., 1900
June & Oct., 1900
March, 1908
Oct. 1, 1884
Sept., 1899
Sept., 1899
Oct., 1899
March 1, 1886
Aug. 15, 1886
Dec. 1, 1891
July 1, 1902
1902
May IS, 1904
r>ec.,
Nov.,
Nov.,
Nov.,
Nov.,
1878 to '93
1875 to '94
1887 to '92
1894
1893 to '94
1875 to '88
1878 to '84
1875 to '88
1875 to '84
1875 to '80
1876 to '95
1875 to '89
1875 to '89
1875 to 1905
1879 to '91
1892 to '94
1875
1880
1881
1875
1885
to
to
to
to
to
'85
'95
'93
'86
'98
the stock of this railroad, and thus not " aid in
building railroads," &c. (V. 18, p. 454, bSH; V. SO, p.
14; V. 21, p. 511.)
Cleveland. —The total valuation of property for
is $73,210,144 and tax rate 18 8-10 mills, of
4 X mills are levied for interest on the debt.
The sewer, street improvement and street opening
bonds are for specbil local improvements, and redeemed by assessments on the property benefitted
taxation
(V. 21, p. 207.)
which
Cincinnati.— ^Y the census of
218,!<00,
18T0 population
against 161,044 in 1860. Tax rate for
$28 82 per $1,000, 8"ain-t $aj .38 in 1874.
Under the laws of Ohio renfestate has been valued for
puriHisesof taxation once in ten years. The followuii; table from the books of the Auditor of Hamilton
County, Ohio, exhibits the assessed valuation of the
city of Cincinnati since the year 1880;
Rate tax
Real
Personal
Total
per
Year.
estate.
estate.
valuation.
$f;ooo.
I860.. $61,620,904 $31,411,812
$93,032,716
$17 45
1875,
18 .1
1862..
.
.
1864..
1865..
1866..
1867.,
1868..
1869..
60,H.57,365
63,508,396
61,441,5.32
6.5,585,774
30,313.41
29,707,861
35,982,561
4:,809,.'i74
92,970,778
93,211,1.57
100,374,098
113,39.5,318
6.3,1.3,5,.382
I30,74.5,9'i3
67,218,101
133,673,763
6S,.569,040
68,412,3<'i
1.36,981,325
69,799,604
72,238,84
1870
78,736,482
1871.. 133,427,888
1872.. 119,621,856
1873.. 121,479,2s0
1874
81,5i«,925
13i,!)b!i,529
67,610,611
68,454,662
1875
58,471,666
130,715.510
57,370,7M
1.36,107.238
56,934,044
55,462,410
64,168,460
180.881,933
175,084.29 i
185,645,740
181,l«50,074
19
17
18
20
23
SI
27
28
81
31
S3
20
33
23
30
66
20
20
90
80
40
00
90
60
20
10
(18
38
38 82
Cincinnati, exclusive of the new loan for
the Cincinnati Southern RR., was small, beiuff less
The city will be the sole owner of
The debt of
than $6,600,000,
ColumbXiS, ea.— The total debt ia $582,500, and
the annual interest required about $40,000. Bonds
are ail coupon, and were issued In small amounts
City holds
25.IXX) fall due each year.
as wanted
some stocks and other property, v'aluation of re«l
;
estate, 1875, $3,933,575.
Detroit, .tfk*.— The population in 1370 was 79.601
The value of
in 1874, by State census, 101,06.1.
waterworks is $1,589,688, against a debtof $1,100,000.
The water works bonds are issued on a pledge
of the city credit, and $75,000 per year colAslected In taxes to pay interest on them.
valuation, 1875, real estate, $40,285,875;
personal. $7,448,755— total, $87,774,630; true valoi.
Tax rate, $3 93 per
estimated at $92,582,100,
$100.
sessed
J—HoM debt
of the city of Kliaaat $5,400,000, as follows:
$950,000; isieiwment debt,
The .sinking /und has to Its credii
$4,450,000.
$900,000. Valuation of real and personal property,
Tax
$33,000,000; assessed valuation, $18,000,000.
rate is $2 66 within the lamp and water district, *b4
$3 18 ouuide. PopulaUon in 1S75, 36,000.
Elizabeth, K.
lieih
August
1, 1875,
General
was stated
debt,
—
'
.,
CITY SEOUBITIES,
Subscribers
urlll
confer a (treat favor by kItIiik Immediate notice of any error discovered In tbese Tables.
DESCRIPTION.
Dateot
Size or
Amoimt
Bonds.
par
outstanding.
For explauatioDB see notes on flrgt page of tables
Qalves'on, Texas-
Value.
1869 to '74
1873
1860 to '74
Boudsfor harbor Improvement
City park bunds (purchase of block 321)
Bon<U for various purposes
—
Indianapolis
Boiuls to railroads..
I.oan bonds, series A
series B
Loan bonds,
[Febraary 26, 1876.
do C
do
Loan bonds
-A" U
Purchase-money bonds—Southern Park
School bonds—By Board of School Comm'rs.
"
—
.
1869 to '70
1873
1874
1874
1875
1874
1873
Jersey City
Water loan bonds, mostly coupon
Forty-year bonds
Improvement bonds
do
do
Morgan street dock
City bonds, coupon
Various.
Funded debt bonds
Hudson City bonds
Bergen school loan bonds
Various.
1,000
sewerage bonds
improvement and water bonds.
bounty loan
Greenville street Improvement bonds
Improvement certitleates (5 year law)
do
do
do
1869
1869
1869
:
Various.
Various.
do
For Improvement
of streets
Re-cbnstruct ing street
Public buildings and Institutions
Public school and school houses
Sewer bonds
do
.
Elizabeth &P. Railroad
Wharf property
'54,'62,3,8
bonds
For old liabilities
do
do
Louisville, New Albany & St. L. Air Line RR
Change of gauge, Louisv., Cln. & Lex. RR
do
do
Roadhed
Oity l)ond8 payable by railroads
Memphis, Tenn.—
School and paving bonds
Post bonds
Funding loan, gold
Mlesi88ii>pl River Railroad bonds
Endorsement Memphis & Little Rook RR
Mitwauhee—
Re-ad)u8tment bonds
General city bonds
Water bonds, coupon
registered
do
Jail
Scrip to settle old railroad loans
1868
1869
1870 to '74
1871
1871
1871 to '73
1851 to '63
145,000
300,000
300,000
300,000
200,000
109,500
100,000
6
500,000
171,050
150,000
400,000
152,000
103,000
249,000
20,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1.000
1,000
1,000
'8, '9
1870
g.
1,000
1861
1871
1872
1872
1873
500 &c.
1866
1866
1859
1870
1870
1871
1871
1875
100 Ac.
100 &c.
392,849
242,000
429,000
1,171,000
186,588
1,000
1,000
10,000
BR
,
'
Wharf bonds
City fimdeddebt
To Mobile & Northwestern Railroad
New funding
Newark —
bonds
Bonds, variouB city purposes
(s.
War bonds,
(s.
tioatiug debt, &c.
Public school bonds
Clinton Hill bonds, coup.
& reg.
500 &c.
Id.
3
p. o.)
Sewer and improvement bonds
Acivieduct Board bonds
—
New
Orleans
Consolidated debt ) $650,000 applied yearly )
do
do
do
do
Ridlroaddebt
do
>
>
to interest
--'
pal.
and princi-
>
1855
1854
1855
Railroad debt
do
Galveston,
of which
all
Texat.—The total city debt is $87.3,000
are 10 per ct. currency except |106,5(X).
—
The aesessment of taxable propIndiitiajjolis.
erty in 1874 was $S7,301,.')46; taxes for that year,
8510,026, or a levy of $1 35 per $100. Total debt
June W,
18:5,
1852
1852
1852
was 1 1,455,0110.
The School Board
is
a distinct organization from the city, created by a
separate act of the Leelslatnre levies its own tax,
which is collected by the City Treasarer. The city
warrants are discounted when sold. The floating
debt of this character, Jan. 1, 1876, was $iOO,000,
payable during this year.
;
Jersey (TKy.— The total bonded debt of the city,
April 1, 18T5, was stated at $14,847,500, as follows:
assessment debt, $8,06ii,500;
General, $3,558,000
The sinking fund was
water debt, $4,6i9,00ii.
Assessed valuation, including railroad
$5i5,5()5.
property, is $88,41)0,885. on wliich the tax rate is $3 00
per $100 on $68,496,855, anil 1 per cent on railroad
property assessed at $1 ,000,000. Population by State
census in 1875 was 118,883, against 85,000 by U. S.
census of 1870. (V. 18, p. 190.)
;
ioulifti(C«.— The
fnnded debt, January
1,
1876,
exclusive nf railroad loans, was $3,330,000, against
Of the *8,33n,00ii there
88,504.01*0 Jaiiu.ry 1, 1875.
is payable ont of tlie sinking fund $3,705,000; payAssets of the
able by special tax, $4,6.6,000.
sinking fund, January 1, 1875, were $3,130,flJ5.
Tlie revenue of tlio sinking fund in 1874 applicable to the payment of Interest and principal
—
ri'iia licenses, $237,844 46; from
f this debt was
wharves, $2,3;1 54 ; from taxes, $S51.50i 45; from
interest, $B5,8va 36; total, $557,612. Population by
eeneus of 1870 was 100,750, against 68,038 in 1860;
nnw oatlmated npon the basis <if 7 to a voter makes
IJCOOO. Assessed value of property, about $79,-
S.
A.
A.
J.
&
&
&
J.
J.
M.
5
7
7
7
7
J.
&"j.
J.
J.
J.
J.
&
&
&
&
8
J.
M.
6
6
6
&
&
Memphis.
N. Y., P. M. Myers
do
&
Co.
do
1878
Various.
Jidy 1, 1891
Various.
Jan., '98 toll,
July, 188*
July
1,
I
1879 &)
Various.
Various.
April,
April,
1882
1883
1887, '89, 90
1, 1883
1896 to '97
July 1, 1903
1891, '92 & 1903
Charleston,
S. C.
m
1873 to 190
"0
1873 to 1900
Nov., 1900
July, 1872-
MUw. and N.
Y., A. Goettel.
June
J.
J.
J.
do
do
do
do
do
do
Jan.
Jan.
Jan.
7
7
7
7
N. Y.,
Mobile, City Treasury.
do
do
J. N. Y., Merchants' N. Bank.
N. Mobile, Mob. Savings Bank
New
& J.
&N.
Various
J. & J.
A. & O.
M. & N.
M. & a.
Memphis, Tenn.—'Vhe city has been In default for
total floating
$2,074. o72, and there
debt
were
taxes, &c.) to balance
this of $1,927,608.
In 1874 the policy was adopted
of receiving proposals for the sale of past due
coupons, so far as the funds in hand permitted. The
City Council declared the funding and paving bonds
issued by .Mayors Leftwich and Lofland 1867-8-9 to
have been issued illegally, but allowed the coupons
to be received, pro rata, according to the amount
realized by the city for the bonds; but a decision
of Tenn. Supreme Court, December, 1875, was
against the citv on this point. Assessed valuation,
$3-1,000,(100.
Tax rate, $2 per $100. Population n
570.)
—
Milwaukee. The city cannot issue debt beyond 5
per cent of its average assessed value for five years,
which IB $43,545,000; in 1874 it was $35,157,ii00 of
real, and $16,167.8-3 of personal; tax rate, 28J<
mills.
Sinkl g funds are provided for all the bonds."
Old railroad bonds, $200,000, due 1876 and 187?
(with interest about $400,000), have been held valid
against the city. Population by State census, 1875,
(V. 17, p. 187, 028, 691.)
property in
of Mobile.
do
do
Merchants' N. Bank.
1876 is
Orleans,
do
do
do
do
do
do
M.
The followini; figures give tlie assessed property valuation for the past six years. For 1868, $5M,425,974; for 1889, $63,284,091; for 1870, $70,806,712;
for 1871. $76,845,995; for 1872, $77,156,642; for 1873,
$77,225,372. In 1868 the taxation per$100was $1 98;
in 1873 it was $2 55 for the Eastern District and
$2 47 for the Western District.
January 1, 1876, was
nominal assets (unpaid
Bank
do
do
J.
348,000
The
Mobile,
Newark, City Treasury.
do
do
A. & O.
do
do
Bank,
Newark
Mecb.
Nat.
J. & J.
do
do
M. & S.
do
Various
do
75,000
2,265,000
229,000
Mobile.—The valuation of
1,
1877 to '95
1899 to 1913
1875 to '76
July 1, 1913
May, 1891
1892 to '94i
100
Jmie 8, 1900
March
do
Louisville.
N. Y., Bank of America.
Various
Various
7
6&7
45c.
101,000.
Oct.
Jan.,
D.
& J.
& J.
& J.
& J.
M. &N.
J. & J.
8
8
8
4,042,000
209,000
130,900
18ti,
of America.
do
J.
J.
J.
J.
J.
8
1,000
1,000
1,000
1,000
1,000
1,000
1,000
(V. 21, p.
do
Bank
N. Y.,
& J.
& J.
&N.
0(10,000.
Real value, $100,000,01 0. Rate of taxation
for all city purposes in 1875 is— Eastern I>istrict,
$i 27 on $100; Western District, $2 33; State tax,
18;0, 40,2:M.
do
O.
i
1, 18^
1, 181
1, 181
1, 1895
1, 1899
1891"
1901
1902
1,
1,
1,
1,
Feb.1,'75,
5
6&
1873.
Bank
N. Y., MercantUe N.
O,
'J
July
July
July
July
Jan.
Various
do
do
1876 to '89
Various
Louisville.
July, 1898
J. & J Louisville, City Tieasurer.
1901
June,
N. Y., Bank of America.
J. & D.
1888 & 1903
do
do
Various
1883,'84,'88&'92
Various Louisville and New York.
Oct. 1, 1898
do
do
A. & O
1889
do
do
J. & D
1875,'80,'94,1901
do
do
Various
Sept., 1891
M. & B N. Y., Bonk of America.
Feb. 1, 1880
F. & A.
do
do
July 1, 1901
do
do
J. & J
1881 to '93i
Various New York and Louisville.
396,000
1,890,000
500,000
400,000
2,500,000
3,030,000
1,
Jan. 1,1889, to
City Treasury.
Various
Various
Various
1,000
1,000
1,000
1,000
1,000
1,000
Interest since Jan.
1880 to '87
1892 to 1902
1874 to '95
& J. N. y., Wlnslow, L. & Co.
do
do
ic J.
do
do
& J.
& J.
do
do
do
do
J. & J.
8
do
do
A. & O.
6
J. & J. N. Y., Merch. Ex. N. Bank,
7
do
do
Various
do
do
7
J. & J.
do
7
do
J. & J.
7
M. &N.
do
do
7
Various
do
do
7
do
do
J. & J.
6&7 Various
do
do
7
do
&
J.
do
J.
7
Various
do
do
7
do
do
J. & J.
7
do
do
J. & J.
7
do
do
J. & J.
7
do
do
Various
7
do
do
J. & J
l«-
fund of 1869)
fimd of 1864)
(8.
539,209
232,400
329,000
750,000
349,000
363,500
300,000
1,000
1,000
1,000
J.
&
Principal—When
Due.
Wiiom.
J.
Mobile-
City debt A, B, C (payable annually tlU 1891)
(31ty debt D, E, F (payable annually till 1886)
BoiHls to Mobile & Great Northern Railroad..
Bouda to Mobile & Al. Grand Trunk
<fe
J.
838,500
2,426,000
341,000
80,000
300,000
1,000
!
Payablel
Jan.
7-3
7-3
7-3
7-3
7-3
425,000
500 &c.
INTEREST.
Where Payable and by
Various
1,998,000
389,000
136,000
102,000
533,000
500,000
107,000
350,000
1,508,000
1857
When
M.
8
10
151,000
409,000
1,356,000
76,000
201,500
600,000
650,000
278,000
81,000
1867 to '68
1867,
10
500 Ac.
1852
1854
1857 to '67
1873
1866 to '67
1873
1871 to '73
1853 to '70
1868
1871
1868 & '73
RE
Water works
$71,500
35,000
766,500
1,418,000
3,109,800
900,000
622,000
1,866,000
3,433,000
125,000
921,000
1,000
1,000
Various
l,000&c
1,000&C
1,000&C
Various
1872
Louigville, Ay.—
For Jeffersonville Railroad stock
Subscription to stock of L. &N.
500
1852 to '67 1,000
1869 to '73 1,000
1870
1,000
1873
1,000
1871
500 &0.
1872 to '74 1,000
1870
1,000
do
do
do
Improvement bonds
500
1,000
1,000
1,000
1,000
Bate.
190afl
'6,
^1
1875 to '91
1875 to '86
1885
July, 1899
Nov., 1895
TlU 1901
1901
1875 to '93
1878 to '91
April, 1888, to'
"
t
July
1, 189r
1879 to '931
1876 & 189f
July
May
1,
1,
181
18
1892
Jan. 1, 187
April 1, 187
1874 and 189J
1874-'75 and '94.
$15,894,835 real estate and $5,377,716 persons!
Interest has
property; tax rate, l>i per cent.
been in default since July, 1873. A settlement with
bondholders was offered by Commissioners in New
York, Sept., 1875, vix.: $."ilO in 6 per cent bond for
$1,000 of the old 8 per cent. The 5 ler cent bonds
have a lien on city revenue, and exchange for thi'se
offered at 7o per cent of their face in the new 6
This has been accepted to a considerable extent, but no report yet given. Population
is
per cents.
about
38,000.
(V. vO, p. 302.)
Newark.—The bonds
in the first line in the table
are payable out of the sinking fund of 1869, which
those
in second line out of
amounts to $355,575;
sinking fund of 1804, $690,474; public school bonds
public
school
fund,
out of
$69,243; Clinton Hill
bonds by sale of property; against local improveof assessments
bonds
the
city
holds
$4,6.37,276
ment
unpaid and a lien on the property. Valuation of
real estate, 1874, $78,574,.390; personal, $27,049^S0;
tax rate for all purposes, 1875, $1 98 per $100. Population in 1870, 105,059.
New Orleans.— iDtereat was in default December,
but coupons then due were paid May 15, 1875.
In July it was decided to pay half the face of
1874,
coupons on specified issues, on the strength of the
(See V. 21, p. Sfi.)
financial statement then made.
The total funded debt, July, 1875. was $i2.Oi2,0S0;
floating debt, $1,286,870. The assessed valuation of
property is $98,v)76,44:i real estate, and $20,.i22,()65
personal. State lax, 14)i mills; city tax, 25 mills;
total tax, 39X.
The lease of city whari-es July,
18i5, is considered by many to be advanlageoas.
scheme for settling the debt by a bond premium
drawing plan has been started, and first drawiM
A
took place Nov. 3. Population in 1870, 191,418;
In 1860, 138,670. (V. 81, p. 64, 86, 159, S78 511 613.)
;
)
.
.
CITY SECURITIES.
February 26, 1876.]
aabarribera
confer a sreat fkvor by
ivlll
DESCRIPTION.
(tl'rlug
Immediate notice of anr error dIaooTered In tbeae Tabl«a.
Dateot
Size or
Amount
Bonds.
par
outetandlng.
For sxplanatloiia see notes on first page of tables.
Value.
Orlean»—( Oonlimied )—
Foncliaitrai u Kai Iroad
WaterworkH loiiii of 1809
Seven per cent funding loan of 1869
do
1870
do
Jefferson City (debt assumed)
INTEREST.
Where Payable and by
Pay'ble
Whom.
BaU.
Ifeto
1854
1809
1869
1870
$1,000
•57, 'e?,"?©
Wbart Improvement bonds
1870
1871
1,000
1872
1,000
do
(urainaKe series)
1872
1,000
do
1871
Various.
Ten per cent bonds, dellcit and old claim
Oorrollton funding and improvomeut bonds.. 1871 to '72
Street Improvunient bonils
Consolidated gold bon(1» (general series)
$113,,000
1,392, 400
2,84«, 600
3,000,,000
295, 000
702,,000
446,,000
2,510,,000
1,604,,000
1,148,,000
104,,300
Neu Torh—
1841 to '63
1870
1845 to '60
1805
1870 to '72
1871 to '72
1865 to '72
1867 to '70
1809
1853 to '57
1853 to '57
1857 to '05
Water stock
do
Croton watorjstock
New Croton Aqueduct stock
Additional new Croton Aqueduct
Croton water main stock
Croton Reservoir btmds
Croton Ai|ueduet bonds
Croton water pipe bonds
Central Park fund stock
-
do
do
Central Park
improvemont fund stock
Docks and slips stock
Dock bonds
Floating del)t fund stock
Market stoek
City Cemetery stock
City inii)iovemBnt stock
do
do
Lunatic
Asylum stock
Fire department stock
Fire tcfogTaph bonds
Tax
100 etc.
100 &c.
100 Ac.
1
00 Ac.
10<) Ac.
Cousoiidatid stock, con pou
187i
10<> Ac.
1803
Department of I'arks improvement bonds
CTentral Pai-k eontmissiou bonds
187i
AssessnieiU hnuils
isii
1871
1871
1871
1872
Improvement bonds
1872
(AmsoUdated stock
1874
Miisaum of A rt and Natural History stock
1873
Ijiqiddation of claims and Judgments
1873
Improvement of Thi rd avonuc— '23d ward
1874
Third district court house bonds
1874
Coiijiitv court house stock
1862 to '68
do'
do
No. 3
1871
No. 4&5
do
do
1872
Soldiers subs red. bounty bonds
1804
Soldiers* bounty fund bonds
1804
Soldiers' sabs, and relief red. bonds
1804
Soldiers' bounty fund bimds. No. 3
1805
Soldiers' bounty fund red. bonds. No. 2
1805
Riot damages red. bonds
1804
do
indemnity bonds
1864 to '72
Assessment fimd stock
1808 to '72
do
do
1873
do
do
1874
do
do
1875
Repairs to buildings stock
1870
Consoli<latcil stock, coupon
1871 to '72
A.C('UinulaIc(l del it bonds
1809 to '70
N. Y. and Westchester Co. Improvement bonds
1870
Liquidation of claims and judgments.
1873
Consolidated stock
1874
For State sinking f imd detlcieucy
1874
Debt of Westchester towns annexed
,
. .
100 Ac.
100 Ac.
100 Ac.
100 Ac.
500 Ac.
100 Ao.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 <fee.
100 A-c.
100 Ac.
lOOAc.
100 Ac.
100 Ac,
100 Ac.
lOb" Ac,
100 Ac,
100 A(!,
100 Ac,
1011 Ac.
100
100
100
100
100
100
100
500
100
.
PMladtljthia—
Bonds issued prior to consolidation
do
for railro.'Ml stock subsidy S"bscrlpt'us
1855
do for water works
1855 to '71
do for bridges
1859 to '70
Ntw York aty.—Tbe
total debt of New York
$144,522,028; the amount of
sinking funds ti7,7l»,!m. The following siiiteinent
shows tho deiaiis of funded debt, and the amount
the city sinking fund at the dates named:
was
m
Description.
Jan.
1,'74.
$
t
Funded ileM
99,4!«,21'J
Sinking funds... 24,83-^,617
^let
debt
Temporary debt..
Ittveane iMJuds.
.
.
Jan
1, '75.
I, '76.
$
118,241,557
26,615,778
119,0.56,00:1
74,6159,602
!)1,6'25,779
21,9-27,:17'J
20,854,700
9,790,978
2,707,.'500
91,308,596
21,322,200
4,142,925
27,748,307
The population of New York by the U. S. census
in 1870 was r2-i.;ai, against 805,6.58 in 186(1.
Since
Jan. 1, 1861, the valnation of property, the rate of
laiation, and the net amount of funded debt have
be.u as follows:
_Rate
Real
Year, estate.
•
Personal
estate.
Net
p.
Fnnded
debt.
*
19;i..40«,955,W» l-l,(al,.30«
p.
M
1882..399.556.404 172,416,1)31 3 87
ia«8..4(«,l»7,:i«J 191,967,161 4 27
186«..410,Tr4,4;«
tax
$1,000.-^
State. City.
£
16 36
13
16
17
24
19
22
70
5 31
1885..427,a6(l,8'<4 1H'.,423 471 4 MB
1868..47-.'.fl4,Ml •i57,9»4,974 3 94
1867..55.',,417,n«i »^3S9,151 4 67
lb6S..62:i,i:)6,5.',.i -^85 199,972 6 11
l'»..lisl.lH.),9m A(l,142,6<(6 2 72
9
i8ro..74j,ift3.(ir,'-, iiii.'-,,-j8'>,a7i 2 70
19
1871. 769,3 2.-i5ll ;ill6,917.2:« 4 43
17
Wri..797,148,6li.'> ;)Uli,'JW,422 5 20 33
„.,
I5ri..888,m,3Sll 29W„V.n,64;i 5 41 19
874..881.M7.99r, 272.-Hl,181 6 95 21
1815..888,64.3,545 2l;,30l),154
20 40
-The true value of real estate
22-'..fti(l,505
1
.
—
f
45
20,087,301
21,6a'>,506
i
06
*»
,i
«
26,185,190
169,601
;i3.
94 3 35,1*73,597
'^
06
3:j,6M,683
03 31 3-J,9l4,421
17 ~ ;J5,983,647
98 •3 47,7«l,84l)
80 I 73,373,552
90 so 88,:J69,886
. 95,58i,153
.,.,,„.,,„.,
„. 8
81
59 t"106,363,471
05
115,187,969
—
'
Is
[
estimated at
3it9,;i00
6
1,.500,000
0,.5O0.0OO
3,304,839
1,0(K).000
2r.0.j00
300000
4,2.">'J,."J00
3,8:i'2.500
l,'2-l.'-,.500
12,9.-^7.300
5^20J,000
200.000
OlUi.OOO
OiM 1.000
2U.'^'.000
.500,000
10,3 i:i.70O
63.') .000
1,42.^,525
41.000
170,000
. .
Ac.
Ac.
Ac
Ac
Ac.
Ac
Ac
Ac
Ac
«
3,3U,071
6,349,H()0
2,50l;,000
000,000
154,091
503,000
4,000.000
940.700
745. WOO
370,000
1,000,000
855,204
1,719,400
492,700
352,000
900,450
100,000
8,885,.')00
0,000,000
30,000
100.000
1,680.200
3,899,493
1,500,000
0,940,741
1,725,000
0,500,000
4,8.")3.500
&
March
Jnne
1, 1894
1, 1890
1887 to 1897
Dec., 1880
Auk. 1, 1911
July 1, 1928
July 1, 1928
April 1, 1881
1892 A 1901
do
do
do
New York or London.
do
do
New Oriean*.
O.
do
1870, '75, '79/80
Nov. 1, 1902
1883 to '90
1884
Anr. 1, 1900
Hot. 1. 1000
1907 to 1915
1907 to 1911
1880
1887
1898
jJIa n.
J.-F.
.-F.
A
N.
1876, '87
6
Nov.
A N.
A N.
A N.
A N.
6*7
AN.
6
AN
6
AN
7
A N.
7
A N
6
A N.
7
A N.
6
A N.
7
A N,
6&7
M. A N.l
M. A N.'
A N.l
eh- M.
M. A N.
7
M. A N.
7
6A7 M. A N.
M. & N.
6
M. AN.
M. A N.
M. AN,
M. A N.
J. AD.
6
M. AN
M. A N.
M. A N
7
M. AN
6
M. A N.
M. A N,
7
M. A N.
M. AN.
M. & N
M. A N.
M. A N.
7
M. A N.
7
M. A N,
6
M. A N,
M. A N,
6
M. A N.
7
M. A N.
M.A N
"e"'
M. A N.
,M. A N
M. A N.
M.A N.
6
M.A N.
J. A D.
7
M. A N.
7
M.
M.
M.
M.
M.
M.
M.
M.
M.
M.
M.
M.
M.
7
6
7
A J
A J
A
A
By an act of 1874 the towns of West
Farms, Morrisania and Kinysbridge, epibradng
about 12,000 acres, were annexcil to New York. The
debt of these towns was about $l,500.f)00.
From the termination of the Tweed regime in
1871 to January, 1875, the gross increase in debt was
#.33,25-2.049, and Comptroller Green claims that the
old claims existing when he took ofBce, with the
bonds Issued to pay deflcicncy in State sinking fund,
and for up-towu improvements, aggregate more than
this whole increase. He condemns very strongly
the law under which the liepartment of Public
Works makes such heavy expenditures. All unadjusted claims against the city .lau. 1S75. were nominally 16,971,119, a large part of wliich the Ooinntroller claims to be fraudulent imd has determinedly
opposed. The outstanding assessment bonds (payable out of local assessments 011 property benefitted)
are represented by $5,712,7.39 aavances to contract
ors; $7,531,447 advances on Boulevard work; and
Great
»7,i506,500 uncollected local assessments.
hostility has been shown to Comptroller Green on
against
city
claims
the
to
opposition
account of his
and chiefly on the charge of his placing many valid
same
ground
as
those
on
the
claims
reasonable
and
which are fraudulent or extravagant. Mayor Wickham objects to the present method of authorizing
bonds that the laws are mandatory on the Board
of Estimate and leave them no discretion. He says:
"The Common Council has ni control over the proceedings rcmiired to be taken under several of them.
But some omcer or department of the City Government is by each of them authorized to prosecute a
public work of some sort, and to incur obligationt
for It In the name of the city, and for the payment of
snch obligations city bonds must bo issaed." Extract
from Mayor's Message of January, 187«, Is given
in V, 22, p. 63. (V. 20, p. 14, 39; V. »1, p. 8».)
1,
1870, '77,
t^S
p«
as
a*
o
o
PhUa., Far.
A
do
do
do
J
J,
PhikuUlphia.
'78,
'88
1879 to '82
1875 to '78
1890
1001
Nov. 1,1875 to '70
1875
Nov. 1,1875 to '70
Dec. 23, 1901
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1882
Nov. 1, 1875
1894 to '06
1903
1876
Nov. 1, 1877
Nov. 1, 1890
1875 to '92
1884 to '88
1894 to '98
1875 to "76
1883 to '00
1880 to '81
1896 to '97
1891
1877 to '79
1882
1887
1903
1876 to '78
1910
1884 to '88
1901
1884 to '88
1891
1876
1896
1877 to '86
'
SAO
A '96
1876
1901 to '5
1878
1894 * 1807
1888
1889
1889, '92, 96
1889
1880
1884
1879
1800
Nov.
>uv. 1, 1906
1884 to '88
5
7A6 g. m!'a n.
6
6A7 NTA N.
$1,9.15,021.510.
;
July 15, 1884
Jan. 1, 1800
do
M. 4cN.
8
6
7
6
54.200
4,980.000
2,748,000
290.000
75.000
451,200
8,150,296
700,000
521,953
507.586
2,707.000
3,000,000
do
do
5*0 Q.-F.
ITA N.
6
SAO
fl&7
450,000
New Orleani.
M.
qi-j!
3,454,006
905,(i37
41(0,000
A J.
A J.
* 8.
J. A D.
Various
J. A D.
F. A A.
J.
J.
A.
6
500 <fec.
100 Ac.
Jan.
7
7
10
6
1870
1876,
7-3
7-3
250,000
lSii9
I,
8
3.421 .000
coupim
New York Uridgo bonds
Aocumulrttud tiebt bonds
Street improvement bonds
Street opening and improvement boiuls
Volunteer .soldiers family aid fund bonds
Ninth district eourt Iionsi' bonds
January
7
7
100 &c.
100 &e
100 &c.
100 Ac
100 &c.
100 &c
100 &c.
100 Ac.
18.')2
100 Ac.
1870
100 Ac.
1860
100 <tc.
1865 & '68 100 &0.
1869
100 &c.
100 &c.
100 &c.
1869
lOO&c.
100 &0.
do
CitJ' parks improvcmeut fund stock
Normal school tiind stock
Public school biiililiug f mid stock
Additional Croton water sto<rk
Sewer repair stock
500,000
2,90tl.000
B
100<fco.
rclici' liond/i
do
2,42.''.,.'«55
Principal— When
Due.
Wlien
Mech. N. B'k
do
do
do
— The
1876 to '86
1875 to 190S
1875 to 1903
Comptroller's atatement to
form a basis for taxation in 1876, was Issued Nov.
from which the followiu:^ is taken:
Estimsted
ments
1,
expenses of the Depart-
for the year 1876
Outstanding warrants November
1, "75.
$14,633,765 >0
6,586,903 07
2,9-J5,714 37
500,000 00
Amount due various loans
Ksiimated discomits allowed on taxes.
Estimated amount of warrants which
may be drawn prior to Jan. 1, 1876,
and special amounts carried forward.
Esiimated amount of mandamus and
interest on warrants
1,500,000 00
850.000 00
$26,296,262 64
Of this amount $9,296,-^2 was estimated to come
from other sources than taxei, leaving $17,000,080 to
be raised by taxes, at a rate of $10 per $1,U00 on toll
'Phese estimates, however, were
city property.
Total estimated
liabilities
materialo^ reduced by the Councils, and the tax
was kept at 42 15 for fall city property. The
followiug table exhibits the assessed valuation and
tax rate In the city since 1870:
rate
Real
Personal
Rate Tax
per $l,i OO
Estate.
EsUte.
$18 00
$8. 188.878
$470,851 ,800
18 00
491,8»4,oe6
8,592,786
SO 80
8,608,819
502,415,863
21
8,»30.700
518,»i4,5«8
22 00
9,239,983
S39,O08,«O«
21 SO
9,434,-78
565,849,098
2150
10,004,673
585,408,705
There Is no large amount of city debt maturing in
are:
for
1876
v„loation«
Assessed
years.
five
the next
Full city property, $537,S13.as2; tax rate, $2 15;
suburban property, $38,031,673; tax rate, $1 46: farm
Tear.
1870
1371
1872
18T8
1874
1875
1876
»
property, $20,168,423; tax rate, $1 12V. PopuUOon,
l870V674,(*r»ealn»t 565,5* in I860. CV. 18, p, 596.
.
J
..
.
OITY SE0UBITIE8.
xU
Siibscrlbera will confer
a sreat
•~
"•:
ton tirst page of tablu«.
Philadelphia— ( (Jonlinued )—
ilonds for pai k and Ccutennial
do for war and bounty purposes
do muniuipal, school, &c
Guaranteed debt, gas loans
bf kItIox Immediate notice of any error dUcoTered In these Table*.
INTEREST.
Bize or
Amount
Date of
Principal—
icipal— When
nutHtaudiug.
par
When Where Payable, and by
Bonds.
Due.
Rate.
Value.
Pay'blc
Whom.
1868 to '70
1862 to 65
1860 to "70
.$8,696,100
Water extension loan (coupon or registered/ 1868 to '74
1845 to '72
Funded debt and other municipal bonds
1863
CompromiRO railroad bonds (coup, and reg.)
Bonds fur impr. Puuu., <&c. (local assessment). 11871 to '73
4,413,400
1,537,286
2,179,149
4,653,700
.
.
do Portland & Rochester Railroad
do
do
do
do Building Loan Commissioners
do Portland & Ogdensburg
Municipal—proper
In aid Atlantic & St. Lawrence Railroad
lyovidence, li. I.—
I*an to Hartford, Providence & Fishkill
Bonds for public improvements
Recruit lug and bounty bonds
Water loan bonds, gold, coupon and reg,
do
do
J
Co i
1868
1,000
1869
1,000
1870
1.000
1867 to '69 500 &c,
1872
1867 to '68 I'.obo
1872
1852
500 (fee,
RR.
1855
1863
1872
1874
1875
1872
do
—
—
.
Park improvement bonds
Hospital bonds
House of Correction bonds
1872 to '75
1871 to '73
1874
—
8avannu/i. Oa.
Subscription to Muscogee Railroad
Construction of water works
1851
1853
Improvement of Savannah River
Savannah, Albany & Gulf Railroad
Funding coupons and other purposes
Redemption of bonds
do
do
Bonds for city improvements
Harbor, &c., improvements
For floating indebtedness
Joseph,
Bonds to
18.53
1853
1866
1869
1870
1870
1872
1873
Mo.—
—
Renewal and
floating debt bonds
Real estate, buildings and general pm-poses..
Street imi)rovement l>ond8
Water work bonds (old)
Tower Grove Park bonds (gold)
Sewer bonds
Harbor and wharf bonds
Now water wo.ik bonds (gold)
do
do
do
Renewal and sewer bonds (gold)
Eiencwal purposes, gold or sterling
Renewal and improvement bonds, gold
Renewal, t&c, bonds, gold or sterling, coupon.
Bridge approach bonds (gold)
St. Louis Cotniti/—
Renewal bonds, coupon
Bonds to railroads, coupon.
Insauo Asylum
County J all
General piu'imses, gold
Renewal, gold
Park bonds, coupon, gold
County bonds
SI. Paul, Minn.—
.
Preferred bonds
8 per cent bonds
j,ake Superior & Mississippi Railroad.
St. Paul & Chicago Railroad.
Public Park (Coino.)
Feb. 1, 1875, was $13,PUtsburgh.—'Vbe
5J3.819, including water louu and bonds, chary:eable
local a».^essnients. Cash valuation in 1874
Real
jnoperty, «1T0,415,9;3; viereonul, only $2,38>l.2l6,
according to t'omptroller's report. Sinking funds,
$553,'J0a. Popnlaliou about 140,000,
on
:
Portland. Jfc— The sinking fund March 31. 18~5,
was $500,409. The city is protected by mortgages
St.
Louis, and
on Portland
&
Roches-
&
ter Rftilroads, and holds 7,143 share.* of Portland
Ogdcnsburgh stock. Assessed va ue of real estate
in 1873 wa9$I7,'?75,3)0; personal, tl2,045,71S. Tax
rate, J;45 per $l,i ()0. Population in 1870, 31,413,
aeainst 28,311 in 186^
i?./.— The principal debt of Providence
ITie
hail been created since 1872 for water works.
floating debt at close of fiscal year September 30,
1875, was $;,0a0,-i96, and funded debt, $6,797 250.
I'he assessed valuation of all property in 1875 was
$122,024,1(10 against *128,ti82.SOO in 1874. Rate of tnx,
(14 50 per $1,000. The sinkmg fund for bonds due
PrmideMe,
J.
J.
J.
J.
J.
500<fec.
108,.500
50O&C.
500 &c.
500 &Q.
500 &c.
500 &c.
500 &<•.
500 <tc.
500 &c.
484,500
377,000
250,000
197,000
246,000
385,000
475,000
210,000
150,000
99,000
198,000
04,500
937,500
368,800
117,000
349,500
534,000
500,000
400,000
1,000
500
1,000
1,000
500 Ac.
1,000
1,000
1,000
1,000
1,000
1,000
431,.500
150,000
299,400
500,000
2,010,000
1,260,000
166,000
337,000
346,000
914,000
1,219,000
3,950,000
1,250,000
680,000
1,074,000
657,000
2,072,000
461,000
500
l,0f)0
550,000
1,490,000
100,000
!
500,0<KI
600,000
450,000
2,30<1,000
1,000
500,000
Various
Various
Various
499,927
67,210
263,125
200,000
100,000
100,000
500 &c.
M.
J.
F.
a
7
Providence.
do
do
Boston, Prov. and London,
N. Y., N. City Bank, & Prov
London, Morton, Rose & Co
J.
A.
7
7
7
7
7
7
7
7
7
7
10 & 6
10
6
G
I
1886]
Nov., 18871
Nov., 18881
July, 1887J
Nov..,
July 1, 189'J
June, 18771
1907
1875 to '91"
April, 1877
Jan., 1876
1885
Sept.,
Jan., 1893
Jan., 1900
Jan., 1900
)Ojfl
July
1,
189,r
N. Y., Metropolitan N. Bk
New York and Rochester.
1876tol9i
1893
1876 to 1902
Jan. 1, 1903
& J. N.
& J
Various
A. & O
J. & J.
M. & N.
A. & O.
A. & O.
D.
J.
J. & J.
M. & N.
J. & J.
J. & D. New
F. & A.
M. & N.
J. & D.
J. & J.
M. & N.
J. & J.
M. & N.
J. & J.
J. & J.
J.
cfe
do
Y.,
do
Union Trust Co.
San Francisco,
do
do
do
do
do
do
do
do
do
do
Jan.
1,
1888-
1877 to '78
1, 1883
Oct.
July
May
April l,188r
Oct, 1, 1887
June 1,1882 to '90
1897 & 1904
Nov. 1, 1891
July 1, 1894
and Savannah
do
do
do
do
do
do
do
do
do
Various N. Y., Nat. B'k Commerce,
M. & N.
do
ao
Various St. Joseph and New York,
J. <fe J. N. Y., Nat. B'k Commerce,
F.
ifc
A.
Bank Republic
do
do
do
do
do
do
& J. N. Y., Nat. Bk. Commerce
& J.
do
do
& J.
do
do
M. & S.
7
do
do
do
6 g. J. & D.
do
do
6 g. J. & J.
do
do
6g. A. & O.
do
do
6g. M. & N.
do
12 & 7 M. & N. St. Paul and New York.
M. & N.I
7
do
do
VariousiN. Y., P. M. Myers &. Co.
8
6
I. & D.l
I. & D.!n. Y., Farmers' L. & Tr. Co.
6
6
7
g.
J.
J.
J.
7
in 1885, $410,674; sinking funds of I89:j, $149,972;
H. P.
F. Railroad bouilB heUl. $51)0,000. Population by U. S. census, 1870, i^,'Xt\ ; by State census,
1875, 100,800.
&
Itochesler.—The bonds of G. V. RR. loan reissue
$178,000, are provided for by net receipts from a
lease of said road to Erie RR. Co. after paying the
interest out of said receipts. Valuation of property
about $62,000,000. Rate of tax, $1 3.;.
San i^rancisco.— Population by the U. S. Census
of 1870 was 149,482, against .'i6,802 in 18B.0.
Real
estate in the fiscal year ending June .SO. 1875, wa.
assessed at $10.', 466,177; personal property at $101,763,267; siuking funds raised annually amount to
$';M,5no.
Tax rate. $1 5 per $100 for citv and
county, and .64 9
for State purposes.
Total,
2.09 9-10. All the values for San Francisco are given
m
in gold.
Savannah, Oa.—To provide for floating debt and
maturing liabilities in 1873 and 1874 *40J,000 bonds
were issued and sold in Savannah, realizing $324,730,
I
1878
Nov., 1883
Dec., 1888
Feb., 1880
Feb.,
Nov., 187i>
June, 1890
Nov., 190O
'"
Jan. 1 ,190a,
July 1, 19r-'
1880
to '89
Nov., 1889
1878 to '89
1891
1876 to '91
1870 to 190
1879 to '80
1880 to "83
Aug., 1878
1876 to '89
1877 to '88
j
1
1876 to 1881
1878 to 1880
July 1, 1887 J
Sept. 1, 1888
June, 1892J
1893 to 189S
April 1,1908
May 1, 1895
1874 to '90.^
1874 to '86.J
1889, '90, 'gg
1888 & '98^
1000
I
and leaving only about $136,277 of floating debt
Dec. 81,1874. The city owns real estate and other
property valued nominally at about $4,2.37,600.
Assessed value of real estate, $11,000,000. Population in 1870, 28,235, against 28,292 in 1860.
St. Joseph, .ITo.— Population in 1870 was l!t,6C5,
against 8,932 in I8C0. Assessed valnatlcn of property,
$11,000,000; rate of tax, -2:1 mills.
St. iout?.— Population by the U. S. census in 1370
310,804, aganist 160,773 in 1860. The city and
county governments and finances are separate.
Total funded debt, Oct. 11, 18:5, $16,270,000. Kloating debt— f 622,000 due Gas Light Co $300,000 Treasury warrants; and $105,000 due sinking fund. As-
was
;
sessed valuation of all city property, 1874, $164,394,010; tax rate is 2 per cent. (V. 18, p. 143.)
St. Paul, J/iftn.— Population in 1870 was 90,030;
in 1875, by State census, 3J.2;J7.
Assessed valuation
of taxable property, $13,194.v85, or about one-fifth
of the actual value; tax rate, 14 mills. (Vol. 16.
p. 626.)
,
June, 1876
do
Various
do
6
I
Various
6
do
6g. J. & D. New York and St. Louis. June, 1887, to '90
6g. A. & O. N. Y., Nat. B'k Commerce
April 1, 1892
do
6g. Various
do
1891 to '93
New Y'ork or London.
6g. M. & N.
Nov. 1, 1893
do
6g. M. & N.
do
May 1, 189"
do
6g. J. & J.
do
July 1, 189
6g. J. & D. N. Y., Nat. B'k Commerce.
Dec. 10, 189J|
6g.
'
1, 189-1
1, 189."^'
I
Y'ork
do
do
do
do
do
do
do
do
do
Various N. Y., Nat.
Various
do
Various
do
Various
do
6
6
1893 to '9
1875 to lis
1913
1883 to '85
1892
J.
6
1875 to IS
Providence.
Various
S^l^l^l«l^l^7 g.
7g.
6g.
6g.
0&
& J
& S
& J.
& J
& J.
& J.
&
B'k,
Boston and Portland,
do
do
& O
&
do
do
Boston, Columbian Bank.
J.
5
548,000
500
500
500 &c.
100 <ic.
&"d. Bost., Blackstone Nat.
do
do
N.
6
6
178,000
750,000
.500
J.
N.
500,000
600,000
300,000
2,000,000
5g.
5g.
& French,
&
&
&
A.
5&6g.
Boston, Foote
J.
m'nthly
5
Philadelphia.
&N
5
500 Ac.
1867 to '71
1853 to '55
1867
1868
1872
1873 to '75
1875
1875
M.
M.
M.
&&
1,065,000
3,000,000
1,000
total diOit
&
Various
375,500
1,000
lOOO&c.
Various
lOOO&c.
Various
Various
Various
Various
1,000
1,000
Various
1,000
1,000
1,000
1,000
1,000
1,000
1868
1,100,000
2,174,300
2,000,000
1,400,000
500,000
£100
1846 to '71
1840 to '68
1851 to '66
1856 to '58
1808
1855 to '69
1852 to '68
1867 to '70
1872
1871 to '73
1873
1875
1874
1872
Revenue bonds
on At.
lOOO&c.
lOOO&c.
lOOOAc.
lOOO&c.
lOOO&c.
500
500
1858 to '69 100 &c.
1871
500
Bridge bonds
Louis
St
J
& Denver City RR., 1869, 1860 to '69
Mis.soun Valley Railroad
1869
St. Jo.seph
for various pm'poses
Bonds
47
&a
246,000
233,000
308,000
700,000
450,000
592,000
I
City Hall & sewer loan b'ds, sterling, cp. or reg
Prov. it Springfield RR. bonds, guai-auteed..
Eoehesler, N. Y.
To Genesee Valley Railroad
To Rochester & State Line and R. N. & P. RR.
For various city improvements
Water worlis loan, coupon and registered
San lYancisco
1858
Bonds of 1858, coupon (gold)
1862
San Francisco & St. Jose RR., coupon (gold)
Judgment bonds, coupon (gold)
1863 to '64
Central Pacific Railroad, coupon (gold)
1864
do
do
1865
Western Pacific Raib'oad,
do
do
1866 to '67
Scliooi bonds,
do
1867
Judgment bonds,
do
1870 to '72
School bonds
do
7
6
4
& J. Pbila., Far. & Mech. N. B'k.
& J.
do
do
& J.
do
do
& J.
do
do
A. & O.
Pittsburg,
Various Pittsburg, Phlla. & N. Y
J. & J. New Yoilc, B'k of America
J.
J.
J.
J.
6
6
Me.—
Loan to Atlantic & St. Lawrence Railroad Co.
do
do
do
do
do
do
81.
6
6
11,650,000
20,659,750
5,350,000
fMsburgh—
Forlland,
[February 26, 1876.
fairor
DESCRIPTION.
for explanations seu n
.
L
—
—
,
..
BAILROAD STOCKS AND BONDS.
February 26, 1876.]
Sabsertben will cooler a sremt fkTor by Blvtos
DESCBrPTION.
Miles Date
of
of
For explanation of column liea<llng8, &c., see noten
Road. Bon<l«
on tirst page uf tables.
A Morld.)— let niort
dl Ohtitl.—lHtmint., gold, (fuar. by Ala
mort., $0,0(K) per iiiilr, imt guaranteed
Receiver's lumdH or iiortllh-atcs
81
ilabaniH CetUral—lSelina
Alabama
Atbanu
Snsquehanna— Stock
it
Ist inDrtgagc
Albany City loan
2d mortgago
,
3d mortgage, sinking fund
,.
AOeghanu \ a/(ey— Stock
General indrtgago
Bondx li) .Stutt' Pa. (endorsed) 2d mort
Istnxirt., Kattt'n Exten., guar, by Pa. RR
Pundin^C income l)(iml», guaranteed
A/&r«H(f rto tf Fredvirkttburif—' 1 st mortgage
.•
2(1 iriort^cii;,'!',
income
.Ki^raslca— 1st mortgage
Santa fe— 1st mort., gold
iLand grant mortgage, gold (on 3,000,000 acres)
JInoome bonds
•Consol. bonds, gold
JllchUim
if
Jllcliison, Tt/ieka cC
Value
1871
1,000
10,000,000
1863
1865
1865
1800
1,000
1,000
1,000
100
500 &c
SO
3,.500,000
5,(KX),000
500
&c.
1,000
400,000
500
500
&c,
<Scc,
SPottawatttiiiiie Iroiids (contingent)
A- .Siiiitlnvest. (leased) l»t M., gold, guar..
tf liichinotn} Air Linc—Xnt mortgage
Atlanta ifi Wtttt iv>//i(— Stock
AtluHlicd; Great ll'f»(«-)i— Stock (total $40,000,000)
475.000
3,0."i().(MXI
27 "2 1872
265 >3 1870
585
586
Old Ist mortgage bonds, Ohio Division
1 St general mortgage ($1 8,000,000)
2d
do
do
($12,000,000)
do
do
(.$29,000,000)
Leased lines rental gold bonds (C3. & M.)
460
460
460
M
do
do
(P. P., P. V. and 8. & A.)...
Western Extension ccrtiflcates (CI., Col., Cln. & I.)
do
do
do
bondv
Atlantic <e Ok//— Common stock
Guaranteed stock
do
286
AUanlif.Miss. <t OAio—Stock, (com'n, prcf. & guar.).
Ist mort. consolidated, gold (for $15,000,000).
2d mort. to the State (no Interest till 1880)
Norfolk & Petersburg— Ist mortgage
do
do
1st
do
428
428
428
81
81
81
do
do
2d
do
South Side— 1st preferred consolidated mortgage
133
133
133
214
214
do
do
2d
do
do
do
3d
do
do
do
Virginia & Tennessee- Enlarged mortgage
no
do
4th mortgage
do
do
Registered certllicates
<lo
do
Interest funding bonds
328
328
328
203
203
203
35
do
do
do
land grant
Income lionds fttr funding
Equipment bonds
Interest 8crii> <exchangeablc for bonds)
Plain bondi, scrip exchanged
Land del>enture8
4t St. injcreuce— Stock, currency
fund
cIo
Alabama Centril.— In default since January,
pending for a new adjustment.
1872.
C/in«an<»ya.— Road sold May 3, 1S75,
lien of receiver's certiflfor bondholders to accept extended to
1876.
(V. il, p. 38, 64, 253, 3i«, 322,511; V.
<t
for »1,«K),000. subject to
Time
88, p. 61, 8:, 13.5, 157.)
Albmj/
<t
Suxiiue/ianna.—ThiH road
is
leased for
&
150 years from 1B70 to Delaware
Hudson Canal
Co.. at 7 per cent per annum, on stock and bonds
lessee assuming the payment on both.
—
AUefjtinny Valley. This road was embarrassed in
1874, and compromised with creditors.
Abstract of
lopemUons In 1874 in annual report, V. 21, p. 37.
V.
1
19, p. 15. 117, »4«, 582.)
Alaxindiia
eft
Fnclrickebura.—The Pennsylvania
Riilrood holds $512,000 of the bonds and controls
the road. Loss on operation in 1873, $25,074.
Arkansas Centra/. - Most of the bonds were sold in
London, where $600,001 of 2d mortgage bonds were
,«J9o hypothecated.
(V. 19, p. 365.)
Ashlabuta, Youngntown <fe Pitts.— It is leased and
lOperated by Pennsylvania Co. at cost. Net earnings
paid to lessor, but lessee guarantees interest on
Isl mortgage for
five years.
Common stock,
»1,.WO.OOO; preferred, $500.1100. Annual report V.
I
A
—
AtaMwn
Nebraska. Interest was in default
September, 1873, and coupons funded. Gross earnings, 1874,
$450,000.
$153,204; net,
$82,880; unpaid coupons,
Annual report V.
20, p.
403.
A^iMn,
Toiieka <fc Santa /V.— Interest is paid on
$»76,"00 of the 2d consol. mor*ga;e bonds, but on
the balance uf that issue the conpona are funded to
Oct. 1, 18:6. (V. 20, p. IBl
357 515: V. 21, p. 63,
1S«,
8i3, 591.)
AUtmla
<t
1,000
1.000
200 &c.
200 Ac.
1,000
1,000
Var'us Various
1868
1868
1871
1871
lOO&c.
100
100
100
500 &e.
500 Ac.
500 &o.
500 &c.
100
RichmmU Air Z.in«.—Dcfaolted In
150
150
150
150
1868
1864
1871
1853
53
51
51
1861
1864
1,000
£100
£100
£100
100
100 Ac
1,000
1873,
Ac,
V.
22, p. 13-).
A
*
A
.1.
Woii</»— I*r1nplpill.
Bank
J.
J.
J.
N. Y., Tbird Mat.
N. Y., B'k of Conimeri«.
When
Oui-.
Kloeki -Ln*i
by
I
DlrldcDd.
June, 1001
Jan., 11980
Jan., 1880
7
8>3
J.
J.
&.
&.
J.
J.
6
7
M.
ifc
A.
4
N.
7
M.
4c
N.
&
J.
7
'
'7
-30 J.
N.Y.,D«I.AIIud.Cun.Co
do
do
do
do
do
do
O.
N.
V.WInslow.
?''•
*<•<>
I,.
4b
Pblla., Penu. RR.
4 J. London 4 Anisterdain
4 O. N. Y., Wlnslow, L. 4 Co.
J. 4 J. Pittsburgh, Penn. Co.
M. 4 H.
Boston, ut oniee.
J. 4 J. N. Y., G. Opdyke 4 Co.
A. & O.
Boston.
J. 4 J.
A. 4 O.
Boston.
do
J. 4 J.
J. 4 J.
do
M. 4 M
do
J. 4 J.
do
J. 4 J N.Y.,»I.K.Je«U|>. P.4 Co
J. 4 J. Atlanta, Ga., atTreos'y.
J.
?«•
A.
8
7g.
ll'?«•
12
7
l"4
July, IHHH
Nov.. 180.5
188.5
May, 1881
J.
84 7 g.
1876
Jbii. I,
Oct.,
Jan'ary llaninhurg. Treasury.
A. & O Philadelphia or lyoudon
5
7orOg
7
A.
J.
7
M.
M.
g.
7g.
J.
4 O, New York and I.«ndon
4 J.
do
do
do
do
4 a
do
4 N.
do
do
do
4 J
4 J. Loudon, Co.*s Office,
4 J.
do
do
I'-
1,748,.500
7
3,693,200
786,476
2,310,200
"sia
M.
7
7
7
J.
7g.
A.'i' b. N. Y., First NaV. Bank,
464,000
200,000
6,921,900
5,470,000
4,000,000
306,000
.1.
8'
1.57,000
7
458,000
675,000
621,000
452,500
990,000
963,000
87,811
226,300
8,360,300
10,000.000
8
8
1,400,000
7,188,500
2,829,000
2,015,500
1,189,000
795,000
599,300
753,000
450,000
35,128
4,964,872
787,000
1,.500,000
713,000
484,000
733,700
336,900
100,000
4N.
4 J.
4N.
4 N.
4
4
4
4
4
4
6
6
6
J.
J.
J.
J.
J.
J.
8
8
8
Savannah.
N.Y.,M.K.Je»up P.4 Co
do
do
do
do
K. Y. First Nut. Bank,
,
do
do
do
do
do
do
do
Lynchburg
6g. J. 4 J. N.
6g. J. 4 J.
6g. M. 4 N.
6g. M. 4 N.
6
do
do
do
do
do
do
do
March
1,
1808
1001
18B4
June 1, 1808
July. 1801
iooi
1904
Oct.,
8«pt. 1, 1898
inly, 1800
Oct. 1, IHOO
1003
1882
July
JiUy
Feb.
1,
1,
1,
1903
1000
1878
g.
6g.
10
Y., Oftlee of
do
do
do
do
do
do
In 1901
4 D.
4 D.
J.
J.
J.
J.
Oet. 1, 1876
Jan., lllOe
1002
S<5pt.,
Nov., 1002
Jan,, 1902
Jan., 100»
July
1876
1,
1875
July, 1887
Oct.
1,
1001
Jan.
Jan.
1,
1877
1877
1893
1
July
1,
1, '84-'90
"an. 1, 84-'90
Jan. 1, 86-'90
July 1, 1884
Mch. 1, 1000
Jan. 1, 1875
July 1, 1880
Jan.
'
'
'
Ofllcc
N. v.. First Nat. Bank.
Ba
Comp'ny
do
do
do
do
do
do
July,
July,
Nov.,
Nov.,
Nov.
ne*.
June
1,
1,
1,
1,
1,
1.
1888
1888
1891
1801
1001
1888
1885
1883
Dec.
4 J.
1883
Dec.
do
do
4 D.
1884
10
Q-J. N. Y^., Office of Comp'ny Jan.
Feb., 1876
Portland.
F. 4 A.
3
3g. M. 4 8. London, Gr. Tnmk Rw. Sept. 15,187.5
May 2, 1886
Portland.
6
M. 4 N.
6 g. A. 4 O. London, Gr. Trunk Rjr. Oct, 1, 1884
do
Oct. 1, 1891
do
M. & N.
s«Nov. 1, 1878
do
do
6 g. .W. 4 N.
Dec.. 1875
Savannah.
312 J. 4 D.
6
J. 4 J. Phlla.,Farm. 4 M. Bank July 1, 1881
July 1, 1884
do
do
7
J. 4 J.
?«
6 g.
(V. 20, p. 14, 85; V. 21, p.
Atlanta dk West Point.— Tac road has paid 8 per
cent dividends for some years; it has about $200,000
of bonds.
AHa'>tic dk Great Wettem.—tWt» road was leased
to the Eric for 9a years from Mny 1, 1874, but the
Shortly after (in
lease did not go into effect.
July, 1874) default was made on its bonds. The
last annual report, to Oct. 1. 1C74, will be found in
V. 19, p. 637. Proceedmgs looking to reorganization are in pro<;ress, and a considerable amount of
securities has been deposited by holders with the
London Committee. (V. 20. p. 80. 189. ;«9, 499, 592;
V. 21, p. 1.%, 159, 230, .393, 440; V. 22, p. 181.)
AllariHc <6 (?«/f.— Gross earnings in 1874 were
The C mpany
$1,032,2.56; net earnings, $38fi,63«.
also has $5(K),000 10 per cent cnupon notes outstanring. Annual report in V. 21, p. 275, also p. 4lj8.
—
J.
M.
M.
14, 85, 328, 418, 488, 612.)
Of the stock
Ohio.
Atlantic. Miseissipin <k
common, $800,000 preferred, and $276,.
itself,
holds
the company,
guaranteed;
200
the preferred,
$3,441,200 of the common, .-ill
and $16.5,700 of the guaranteed .stock. Gross earnings year ending September 30. 1875. $l,78*,45;l;
expenses, $1,108;947; net earnings, $673,505. There
was a decrease of gross revenue by $42,890.
and a decrease of net revenue of $.54,114. Of the
$15,000,000 loan enough is held to retire all the
The company funded one coupon on
old debt.
old bonds, Jan.. 1874. but paid subsequent coupons
Funding notes due 1875 and l(»7tf were
in part.
issued. In October, 1875. In London, the company
made a proposal to fund all the coupons then due,
and four-sevenths of coupons due up to 18«l^paying
three per cent cash on consolidated bond coupons
earned. This proposition is
till 1881, and balance. If
Tlie
still before tbe bondliolden for their UMot.
$5.84.5.700 is
.1.
J.
and now in litication. A decree of sale In forewas made October, 1875. Report of earn-
ings,
lfe«M Tabtoa.
3,568,000
2,060,000
362,.500
l,290,.50O
£100
8
8
R
closure
."^fgotlatlonB
I
500 &c.
500 &c.
1873
1874
SnUt Eagle riillej/-l st mort., s. f. ($5,000 jicr yean
ad mortgage (.$5,000 per year)
.lime 15.
1857
1808
186C
1866
1866
1854
1865
1,50
1.50
Sterling bonds, not mortgages
Aiujiisla ,« ,SV(TO«Hr(/(— Stock
Alabami
18,57
1871
An»ntir
do
100
500 &0.
1873
',
Stock, sterling
Portland city lionds, 1st mort., sinking
2d mortgage, sterling, 5-20 years
5,3.55,000
1871
1871
1869
AUanJic if- Poci/fc— Common stock
Preferred stock, Jlissouri division
do
do Central division
1st mort. (Southern Pacific), gold (land grant)
l»t mort. (At. & Pac), gold, on 500 acres land
2d mort. (At. & Pac, Mo. I)ir.), gold
l8t mort. (Cent. div. At. & Pac), gold
1,000
1,000
.500
•nr «lae*v«ra4 l«
INTEREST OR DIVTDENDe.
Rate per When Wbere Payable, and
Cent.
Payable
wbom.
9.876,2.50
2,416,300
15,165,200
11,989,680
28,783,000
iix)
1867
523,500
412,000
4.248,000
1,232.200
24,795,298
Ac
500 &c
500 &c
.500
58
58
2d mortgage
do
1871
1871
1871
1872
1873
1873
346
Consolidated 1 st mortgage
Southern Georgia & Florida, Ist mortgage
1,000
1,000
lOO
100
100
87
Preferred Htock
cMet.
3,750,000
7,041,000
3,383.000
47.">,()(XI
^Icliita
'
1,000,000
1,200,000
1,500,000
4:(o,<M)o
'Atlanta
do
Amonnt
OutstaiidlDg
1,000
201
142
142
142
142
1,000
1,000
^otee
Land Income bonds
3d
BatlM •t mmr
$1,600,000
5,220,000
2,673,000
1 ,200,000
5,000,000
1,000,000
933,000
2,000,000
384,000
2,256,400
3,067,000
1,(X)0
i860
1870
1871
1874
"51
1866
48 1871
62 >a 1871
621a 1874
1,50
1871
470 1860
1870
—
Par
1860
1809
1872
262
132
132
112
j4i*a*»nji Ccntriil—lKt &. 2(1 mortijages, gold
AMkltihulH, Vnitn^town t£ i'itts, 1st mortgage
*l « l»
Size, or
206
2l)(t
"id
fw
xiil
'
president remarked in his report of 1878-74: "Daring
the past two years the companv has retired, in
round numbers, $5.50.000 of the past due indebtedness of the divisions; besides it has made
a net expenditure of about $140,000 on property account in tiie past year, while It has not
Increased Its own indebtedness, and for these disbursements is entitled to he reimbursed by the ssin
of bonds whenever they can he advantngconsly
disposed of. There ar? of snth bonds, subjej-t to
the punwises of reconstruction and equipment, the
sum of $1,166,(00, face value." (V. SO, p. 3 81; V.
21, p. 569, 191; V. 28, p. 110.)
;
Atlan
ie <*
Pacillc.—Th\» was a consolidation. In
A
Pacific and So. Pacific.
to some 1.000,noo acres.
Interest was passed Jan. ,'74, on the land grtint bonds,
the 2d mortgage and the interest scrip, but coupons
funded. .\ break in the company's affiirs occurred
in October, 1875; the Missouri Pacific lease was snrendercd and complicated h ligation against the
Paciflc Comiwny! Oinmencul on the
Atlantic
ground of fraud in the Missouri Pacific manageInterest of January, 1876, on land grant
ment.
bonds was not paid, and Interest on the 3d roorlbonds of the Missouri Pacific is also unpaid,
Oct., 1870, of the Atlantic
The land erant amounts
A
fsge
'he latter were mostly held by the -Atlantic A
Pacific Companv for improvements claimed to have
been put on the Missouri P.icifir road. (V. 19, p.
89; ; V. SO, p.
p. 61.)
2«; V.
21,
0, 418. 410. 466; V.
p.
a,
Atlantic <* SL £o«>r»K».— Leased for OOT yeers,
from July. 18.58, to Grand Trunk Railway of
Canada. Annual rent, 6 per cent on bonds and
stock.
Auqusta
<ft
tebl.
to Central of Oeof •
has $1«),000 bonded
SoronnoA.— Leased
a for $73,000 per
annum
;
Bald KagU Vmlty.—ljttsei to Pennsvlvania Railroad at 40 per cent of groes receipts. The FenB»ylvania iUUroad holds all the Sd mottgM* btmd*.
.
.
..
)
.
BAILROAD STOCKS AND BONDS.
XIV
1;1'
»
;
[February 26, 1876.
conter a great fltvor by clTlns Immediate notice of any error dIscoTered In tbese Tables.
Bonds— ViiD
DESCRIPTION.
INTEREST OR DIVIDENDS.
Miles Date Size or
When Di
Amount Rate per When Where Payable and by pal.
of
of
par
Stocks— lag'
For explauatiou of column lieadings, &a,, see notes
Boad. Bonds Value. Outstanding Cent.
on tli'st page of tables.
Pay'ble
Whom.
Dividend.
Subserlbeni
vrtll
588
52
BjUimore
dt 0/ii»—Stock
Preferred stock
2d series
do
Washington branch
Loan, 1850
Loan, 1853
do 1870, sterling, £800,000
Baltimore loan, 1 855-'90
30
1874-5
.
1854
1857
do
do
(
(
do
do
)
.
.
)...
100
100
270
39
1841
1875
1854
29
43
69-'70
160
1858
1873
160
113
—
Boston <£ Lowell Stock
Mortgage, wharf purchase
Bonds
New mortgage bonds ($750,000 authorised)
Boston & Maine —Stock.
Bonds, coupon and registered
Boston (t New York Air-LlM-l&t mortgage
143
100
1873-4 500 &c
52
1875
1,000
63
100
1873
26
1,000
142
100
140 1857
1,000
140
140
121 1871 500 &c.
121 1873
219 1869
l",0()0
94 1872
1,000
Providence— Stock
2d mortgage
Consol. mortgage
Buffalo, N. T. <£• Pliitadel2>hia— let mort., gold
2d mortgage (for $1,000,000)
Burlington, 0. Rapids <£ .Ifi'nn.— 1st M., gold s. f
1st mortgage, gold (Mil. div.) coupon or regist'd.
Baoific extension bonds
Muscatine western extension
2454
31
Income and equipment mortgage
Burl, d- Mo. ffip.— Ist M. on r'd& 400.000 ac's I'd ! g.p
1874
1863
50 &c.
1868 500 Ac.
1869 500 &c.
1869 500 &c
1870 500 <fec.
1869 500 &c.
1873 500 &c,
1872
1,000
1870
1,000
1871
1871
1,000
1869
1,000
1871
1,000
1853
1,000
1855
1,000
1867 500 &c.
1870
1,000
281
& Q, st'k (3d series).
b'ds, conv. C. B. & Q. st'k (4th ser.)
1st mortgage, conv. do. on branch (5th ser.) ,; ^
Convertible bonds, C. B. & Q. st'k (6th ser.) )
Burl. (£ Mo. in Neb.— lat M., conv., land gr. . f Coup
Bonds, convertible till Jan., 1882
> may
Omaha & S. W., Ist mortgage, guar
) be rg.
Burl. <t Southwest.— \f,t mort., cp., may be reg.
Cairo <£• St. Louis— 1st mortgage
Cairo <& Yincennes 1st mortgage, gold
Catif»rnia Pacific 1st mortgage, gold
'
Bonds, conv. into C. B.
Income
40
i
o^
Pacific.
ib'i
"49
105
150
156
141
141
60
60
.
dt
2d mortgage
Oamden d Burlington Co.— 1st mortgage
Canada Southern— l»t M., gold, s. f., cp. & reg.
31
291
Tol., Can, S. & Det., 1st mortgage
Carolina Central 1st mortgage, gold, coupon
Income bonds, coupon
Oatawissa Common stock
New preferred stock
Old preferred stock
Ist mortgage bonds
Chattel mortgage bonds
—
242
242
100
—
New mortgage
m
The gross earnings of main stem and
branches, and financial condition of B. & O. Co.
for four years were as follows
Gross
Net
Stock and
Earnings.
Earnings.
Debt.
property.
:
$10,.il4,l78
1873-4
11,693,955
187-2-3 ....
18,258,844
1871-a
10,654,478
$4,833,
5,018,060
4,934,796
4,538,072
The
gross earnings of the main and
in
1874-76
$4,490,098.
$34,023,566,
were
1873
1874
65
1,000
1,000
1,000
$14,426,552,
all
$47,173,134
45,876,927
28,567,899
29,161,399
leased lines
and net earnings,
The company claims a surplus
of
the value of its assets aoove its
stock and debt, which surplus is represented
chiefly by securities of branch lines, received
for advances made by the B. & O. In Dec, 1875,
the operating contract with Pittsburgh & Connellsville road was ratified, by which B. & O. gnarai^es
$10,000,000 bonds. See report in Chkonicle, V. 21
p.487; V. 20,p. 188,381,404,45.3, £92; V. 21,•»p. 371
511,591.
in
•
1872
3
3
4 J.
& O,
M. & S,
6g. J. & J
J. & J
if: M. & 8.
A. & O.
%' J.
& J.
§8- J. & J.
A.
%' J. && O.
J.
8
A. & O.
6
6
6
J.
A.
3.000,000
1,133,000
1,100,000
995,800
"6
1,000,000
499,500
6
745,000
6
600,000
1%
20,129,282
5
103,000
6
4,790,000
7
800,000
7
400,000
6
499,600
7
600,000
8
800,000
3
1,000,000
624,000
'e'
1,309,500
3
3,250,000
200,000
6
999,500
7
500,000 7 or 6g.
4
7,000,000
2,000,000
7
500.000
7
4
4,000,000
7
500,000
580,000
7
3ia
950,000
1,922,000
7
262,000
7
200,000
!«•
2,335,000
6 g.
10
637,000
5,400,000
l^2,200,000
7 g.
1,800,000
800,000
2,000,000
4,350,050
360,500
308,500
311,500
409,500
5,715.000
600,000
8
8
1,034,000
20,000 p. m.
8
2,.500,000
7
3,500,000
2,250,000
1,600.000
490,000
500,000
350,000
9,000,000
1,500,000
3,000,000
3,000,000
1,159,500
1,000,000
2,200,000
230,500
209,850
1,300,000
7g.
7g.
6g.
7g.
Total Stock
and Debt
'
1910
1885
July
April
Jan.
Oct.
:
!
191
191
191
18S
1,
1,
1,
1,
July, 187(
& J.
do
1891 to '9i
do
& A.
July 1, 18i'
do
& J.
& J. Boston, Boston N. Bank July 1, 18f
do
1889 & '90
do
& J.
'
do
1881, '82 &
do
A. & O.
May 10, 18'
Boston Office.
M. &N.
&
&
&
&
A.
J.
A.
A.
—The stock ontstand-
is $872,600.
Net earnings for the year ending
September, 1875, $401 202; a dividend of 3 per cent
paid on pref. stock ,fan., 1876.
(V. 21, p. 84, 591.)
Boston, Concord <& Montreal. Gross earnings for
the year ending with March, 1875, were $6*^,194;
net earnings, $140,208. There are also $76,000 old
—
5*0.)
—
Boston cfe Lojoell. Operated with the Nashua &
Lowell, which receives 81 per cent. (V. 20, p. 85;
V. 22, p. 42 )
Boston (fc Maine. Net income, 1874-5, over interest
payments. $607,978. Is worked in connection with
Eastern of Mass. (V. 20, p. 14, 614; V. ^1. p. 533.)
—
—
K. Y. Air Line. Fonnerly N. Haven
& Wil. Road cost about $6,000,000,
represented now by $3,000,000 pref. stock and $1,-
&"j.
J.
ing
Baltimore <t Potomac— This is the line of the
Pennsylvania Railroad from Baltimore to Washing- 000,000 common.
ton. The bonds are guaranteed by Penn. RR. and
Boston <& Providence. The bonds and also $9S4,000
Northern Central. Last annual report V. 81, p. 37. notes have been issued for purchase of branch
BelleviUe <t South^mlUinois.—heeigei and operated roads. Total income, 1874-5, $l,581,2.'i8; net, over
by St. L. Alt. & T. H. Co. on a percentage of gross operating expenses. $447,2.%. (V. 21, p. 5<i9.)
earnings. Gross earnings, '74, $273,311. (V.20, p.380.)
Buffalo, Bradford <* Pittsburgh— VnAer perpetual
Belvidere Delaware.— 'LeaBci to United Companies lease to Eiie at $40,600 ppr vear.
Bttffalo, New York & .Cw.— Leased to Erie in
of N. J., and operated by Pennsylvania RR. at cost;
net earnings go to lessor where they exceed inter- 186;^, for 490 years, st7percent on stock and interest
and
sinking fund on bonds. In 1873 Erie boueht
est on debt, which is guaranteed by lessee. In 1874
net earnings of Belvidere Del. were $416,367. Float- $500,e00of the stock at $1.50 per share. (V.20,ii.6I ,614.)
ing debt, $1,247,166. (V. 20, p. 488.)
Buffalo, New York cE PhUadtlphla.—Thit is the
Philadelphia & Erie with
Serhshlre.— Leased to Housatonic, at 7 per cent connecting line of the
Buffalo. In 1874 the net eaming.s were $188,843.
per year on stock.
Buninglon, Cedar Rapids <t Minnesota,— In 1874
Bolton & .4»ans/.— The Boston & Albany is the default was made in Interest. A decree of sale in
main western trunk line of New England. In past foreclosure was made November, 1875. (V. 20, p.
three years the fallowing has been its exhibit:
p. 235, 520, 545. 570; V. 21, p. 85, 877, 691.)
—
I
Jan., 1877-'
Mch. 1, 19C'
F.
7
Net
<&
1
J.
J.
J.
.
Boston
17, 18:
1880
1885
1895
1890
J.
"2i3
3I2
Earnings.
Middletown
AprU
1877
'&"d. Trenton, N.J., Tr. Bk.Co
1885
& 8.
Philadelphia.
1887
do
& A.
Q.-J. Boston, Kidder, P. & Co Jan. 10, 187
Nov. 15, 187
Boston Office.
M. & N.
?l:
«^-
Gross
(V. 20, p.
1, 187,
1, 187
F.
7
6
Earnings.
in 1865.
Baltimore.
N. Y., Russell Sage.
Nov.
Nov.
M.
1874-5,
$7,6.34,139
$2,«62,147
$26,478,282
1873-4
..
8,963,128
2,414,916
25,422,100
1872-3 .... 9,798,033
24.183,100
2,236,873
$5,000,000 new bonds were authorized in Feb., 1875.
(V. 90, l>. 14, 162, 592; V. 21, (i, 4 64.)
bonds due
Baltimore Office.
do
do
do
Bait., Mech's Nat. Bank
Baltimore Office.
London.
Baltimore Office.
London, Naylor & Co,
London.
do
Bait., Mech's Nat. Bank
Baltimore or London.
do
do
J.
6&7
Boston, Clinton dbMtchbitrg.
N.
N.
A.&'o.
5
1,.')00,000
50
"50
&
&
M.
M.
5
685,069
1,650,000
579,500
1,710,000
3,525,456
3,352,246
2,000,000
9,374,112
9,680,000
140,000
1,000
1,000
100
100
Baltimore cJ6 Ohio The B. & O., in comparison
with its rival trunk lines, claims a much smaller
capital account
porpoition to the value of its
18'?4-5
100
100
100 &c.
100 &c
500
1872
Bonds to purcha.se branches, coupon or registered
Buff..Brad.(t Pitts.— Gcu. M.,(incl. 10,000 ac. I'd
Buffalo, New York <e Erie— Stock
Ist mortgage bonds
—
—
2d mortgage, endorsed by Central
Camden Atlantic— Ist mortgage
1,000
1,000
1,000
1,000
1,000
1,000
1871-2
Mortgage bonds 1869-70
Equipment notes
Boston, Oaneord <t Montreal— Preferred stock
Com. stock (for old dividends & new stock)
Sinking fund bonds
Consolidated mortgage bonds (for $2,000,000) ....
(£
1,000
1,000
1,000
1,000
21
Berks* tre—Stock
Boston <e Albany—Stock
Albany loans (Albany & West Stockbridge)
Dollar loan
Loan of 1875, coupon or registered
Boston, Clinton it Fitchb.—lBt mort., Agrlo. Br
Boston
*100
*200
1872
1874
1855
1871
92^4 1871
92H 1875
56 1866
67
1862
1854
1857
sinking fund
do
do
Northwestern Virginia, 3d mortgage, 1855-85
Baltimore it Fotomac—leXuioTt (tunnel) gold......
1st mortgage, gold, (main line)
3d mortgage, income, main line and tunnel...
BeHerille <t South. lU.—Ut M., sink'g fund, guar,
Belvidere Delaware—Stock
Ist mortgage, bonds of 1862 (guar, by C. & A.) .
do
do
JB200
411
421
Sterling mortgage
do
do
ioo
1850
1853
1870
1855
Short notes, sterling
2d
3d
$100 $13,143,400
100
3,663,400
Boston
do
O.
O.
O.
M.'&N.
1889
1893
Office.
do
Boston, at
do
J.
do
Office.
Jan.
do
do
Oct.
April
Boston, at Office.
do
do
New York.
Boston, at Office.
do
do
New York, Erie BR.
N. Y., Erie Railway.
18
18
1,
1,
1,
IS
Nov. 15, IS
Jan. 1, 18
& N.
Aug. 1, 18!
& A.
Nov. 15, 18
M. & N.
July 1, 18
J. & J.
Jan. 1, 18
J. & J.
Jiuie 11. 18
P. & A.
do
Dec. 1, l*do
J. & D
do
M. &N.
do
do
do
J. & D.
July 1, 18
J. & J. N. Y., Farm. L. & T. Co
do
July 1, 18
do
J. & J.
M. & N. New York or London. May 1, 19
Feb., 190
do
do
F. & A.
M.
F.
I
1
I
& O Boston and New York. Oct. 1, 18
July 1, 18
J. & J. Boston, by Treasiuer.
A. & O. Boston and New York. April 1, 18
do
July 1, 18
do
&
J
J.
do
July 1, 18
do
J. & J
New
York
July 1, 18
and
&
J.
Boston
J.
Jan. 1, 18
Boston Office.
J. & J.
June 1, 18
D.
do
J. &
May 1, 18
Boston, Co's Office.
M. & N.
Oct. 2, 18
A. & O.
Oct., 19(
A. & O. New York and London.
Park
Bank.
Jan.
1, 18
J. & J. N. Y., Nafl
do
1891
do
J. & J.
Jan.,
18f
Farm.
&
M.
B'k,
J. & J. Phila.,
do
Oct., ISV
do
A. & O.
Mt.
Holly.
1897
F. & A. Phila. and
Jan. 1, 19
J. & J. N. Y., Union Trust Co.
J. & J.
J. & J. N. Y. Office, 4 Broad st. July 1, 19
AprUl, 19
do
do
A. & O.
A.
I
I
;
!
M.'&N.
M.
F.
P.
F.
Nov. 16,181
Not. 16, 18
Philadelphia.
do
do
<feN.
&
&
&
A.
A.
A.
Feb.
1,
1888
Philadelphia.
do
Feb.
If
to
1,
'f
19
Burlington <k Missouri Siver.— An agreemenj
consolidation and a perpetual lease to Chicago, 1
& Qnincy, was made in Oct., 1572. In August, 1
stock of Chic. Burl. & Q. was issued in pl»c<
stock of this Co. and for convertible bond*. Am
report V. 20, p. 335. (V. 20, p. 1.39; V. 32, p. K
:,
&
A
inssourl in Nebra'ka.—Tbe 8to(
Burlington
report of company's operations,
$8,583,750.
to Jan. 1, 1875, has not been published, bnt
have the net earnings in 1874 as $445,940. The
'
1
I
grant has proved very valuable, and total sale
Jan. 1, 1875, amounted to $6,312,9.i4; in 1874 s
were
$2,159,84-2.
(V. 80, p. 289, 593.)
Burlington & Sbw^iyes^m.— Defaulted Nov., 3
Foreclosure in progress. (V. 21, p. 159, 441.)
Cairo & St. Zowfe.— Defaulted in 1873 by fai
No foreclos
to receive town and couuty bonds.
yet.
Road completed February, 1675. (V. 2(
266, .313; V.21, p. 31, 441.)
Cairo it Fincunnss.— Defaulted in 1874. In hf
of receiver. (V. 20, p. 499; V. 21, p. 63, 02
California PadHc. Extension bonds of $3.60(
and incomes of $1,010,000 have been in default
a proposal offered by Central Pac. (See V. 21. p
Also V.
20, p. 516;
Camden
V
21, p.
169,
277; V. 22, p.
>ltfa«<ie.— Quarterly dividend of !
cent on com. stock of $377,400, and pref. stocl
paid
Net earnings,
Jan. 15, 1876.
$837,400,
were $241,747.
<j6
:
Camden <fe Burlington Co.— Leased to Ui
Companies, at 6 per cent on $382,000 stock.
Canada &>u<Aem.—Defaulted January, 1874,
coupons funded, but interest not paid July, r
In January, 1876, supposed to have passed iatol
Central control. (V. 21, p. 159; V. 32, p. 16.)
Carolina Central. Formerly Wilmington, (
Passed interest January,
lotte & Rutherfurd.
—
(V. 20, p. 15.)
Ca<owi««iJ.— Leased to Phila. & Read., Oct.,
stock dividend to be 4 2-3 in 18'
in 1875-6 and afterward. See terms V. 1
491; also, V. 16, p. 617; V. 18, p. 3ffr; V. !», p. 3
New preferred
and 1
j
'
J
.
RAILROAD STOCKS AND BONDS.
February 26, 1876.]
gul>»crlber« will confer
a great f«Tor by glylng
Imm ediate
XT
notice of anr error dlMovered In tkcee Tablea.
DBSCRIPTION.
OR I>IVII>KND«.
Mile* Date Size, or
pul, Wbnii l>ue.
Aroonnt
of
For explanation of column lieacllngs, Stc, see notes
of
par
Bate per Wben Where parable, and by
ou tlr8t page of tables.
Road. Bonds Value. Ontstandlng
Cent.
Payable
Wlioin.
Ulrlileiid.
INTEREST
Oayuffo— 1st moi-tgaii;e, gold
Oayuffa A Susfittehanna-Stook
Cedar Fallt it Jftiin.— Bouds ou 1st dlv. sink, fund
Bonds on 2(1 divlHion, Kinking fund
Cedar Rapida i£ Missouri— Common sioek
Prefprred »took, 7 per cent
.
40
1871
$1,000
100
"l4
1864
1866
500 Ac
500 &c
100
100
500 Ac.
500 &c.
500 Ac
100
61
274
128
70
Ist niiii'tgago
do
do
58
146
295
615
Central R. «.<« £a»*, <Ja.—Stock
Gpn.Tiil mortgage Molnt) bonds ($5,000,000) coup.
Macon &, Western uuuds
Bonds for sti-jinisliips
Oentrul of /oim/—l.st mortgage
gold, coupon
2d niortgagc, gold, $4,000 per niUe
Central of New Jersey—Stock
Morlv'iigc
231
231
291
74
bonds
Bonds (convcrllble Nov., 1875 to 1877)
Oousoliclatod mortgage (for $2.5,000,000)
Newark
York, lat mortgage
Loliigh & Wllkesbarre Coal Co., 1st mort. guar.
do
do
Consol m., coup. guar.
Am. Dock & Imp. Co., 1st mort., guar. Ceut.of N.J.
"97
7
&Now
Common
O/iirt—
stock
Fi-t-rtTred stock
1 s t niorl K'liKe bonds
Oni/i-al yv(ciyic— Stock
1st mort., gold, (sinking fimd,
Oeiilriil
$50,000 per year).
Sulmrdinato lion, California State aid, gold
Bonds, (formerly convertible into U. 8. bonds)....
1st mortgage on San Joacjiun Valley Branoli, gold
U. 8. Loan, (2d lien ou certain terras)
Western Paollle, Ist mortgage, gold
do
Government lien
Cal. & Oregon, Ist mortgage, gold (guar by C.P.).
iKt
mort., on C. & O. Br. ($7,200,000 g.)...
C. P..
San Francisco O. & A., Ist mortgage ($1,.500,000)
Land bonds on 11,722,400 acres
OKarlotte Columbia d Auf/usta 1st m. (C. & A.)
do
consolidated
2d Mortgage for ifl.OOO.OOO
Chartiers— lat mortgage
—
—
Cherry Valletf Shar. ct Al. 1st mort., convert...
Chesapeake <£ Ohio stock
1st mortgage sinking fund gold
Ist mort. e.tten. (2d on 427 miles) coup, or regd
Debentures convertible into 2d mortgage
Ist mortgage, (Va. Cent. R. R.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. B.,) coup.
—
1861
1863
1866
1872
1870
1,000
1869
1871
500 &c
1869
1872
1874
1867
1874
1875
1,000
100
1,000
1,000
1,000
500
&c.
*200
,000
1,000
1
137
50
137
50
137
1,000
1218
100
742 1865-8 i,mK)
50 1864
1,000
138 1862
146 1870
1,000
742
158 1869
1,000
123
152 1868
1,000
152 1872
1,000
20 1870
1,000
1870
1,000
85
195 1869
1872
1,000
"28 1871
1,000
21 1869 500 Ac.
427
427
1869
1872
1872
100
"ic.
1,000
1,000
1874
64
100
Btmds, not mortgage
Chester Vallei/
— 1st mortgage
2II9
—
mortgage
Income bonds
649
649
322
220
220
220
38
Ist
&
(a 1st lien
on income)
7 per cent, stock
1st mortgage, sinking fund
Bt. Louis Jack. & Ch., 1st mortgage
do
do
1st mort. assum. by C. <fc A.
Joliet
Cliicago,
do
do
do
do
do
do
2d mort. assum. by
2d mortgage
C.
38
1.50
37
37
150
& A.
Louisi.'vna& Missouri, Ist mortgage
Cliicago & 111. Riv., Ist mortgage, guaranteed
Ohicaiin, linrlington rf Qitincy Stock
101
—
1st mortgage, sinking fund, (trust)
Consolidated mortgage coupon, (for $30,000,000)
Northern Cross R. R. 2d. mortgage, gold
Trust mortgiigc (Burlington to Peoria)
Plain bt)nds (coupon or registered)
Bonds of 187.5, sinking fund
Cartilage & Burlington, let mort
Coup, bat may
Dixon Peoria & Hannibal, Ist
American Central. Ist mortgage be registered.
32
40
1872
1875
1869
1869
1868
51
—
—
Cedar Rapid/i A Missouri. Leased to Chicago &
Northwestern at f700 of first $1,500 gross earnings
per mile; one-third of the next $3,000 per mile, and
ene-lirth of all above that. (V. 3^', p. 168.)
—
CerUial Raiiroad <fc Rank, Oa. Leases several
roads, and guarantees $1,4S2,.W0 of bonds.
In
April, 1H75, purchased one-half interest in Western
Railroad of Alabama at foreclosure sale.
Gross
earnin','« year ending Sept I, 1S75. f2,8'8,6:j6; net,
*l, 199,831. (V. 18, p. 874; V. 20, p. 889, 885, 398;
V.-41, p, 372,
4 IT.)
Central <if /owo.— Decree of
made Oclober, 1875. (V. 20, p.
sale In foreclosure
15, 85. 835, 546; V.
»1, p. 85, 393, 417, 465, 611; V. 22, p. 110.)
Central qf New Jersey. The annual report for
1874 was given In Vol. 20, p. 264,
showing
CT08S earnings of $8,589,630; net, $4,449,029. Of
rbe consolidated mortgage sufficient will be held
to pay all the prior issues.
This company also
—
$2,3IO,iKXl of Lehigh Coal A Navigation
Company's debt and $330,7i3 of the Railro^ Car
TroHt Company. In five years the gross earnings
have incrca.sed from $4,010,121 to $8,589,631, while
the net carniniis have risen from $1,367,958 to
$4,4-19,029.
The change made in five years in the
sssames
Investments of the
'.'apital
Company
stock, Increase
are as follows:
$5,000,000
Bonded debt, increase
Bonds of other companies assumed
Undivided profits expended
12,607,»Oo
3,240,728
1,127,879
$31,976,508
1,000
1,000
1,000
500 &c,
100
1857
1864
1864
1868
1868
1870
1858
1873
[
per year.
Cedar Falls <t Minnesota.— Tjeased to Dnbnque A
Sloa.x City, and snblct to Illinois Central at $1,500
per mile yearly, and a per cent of all earnings over
(3,500 per mile.
1873
1862
1863
1862
825
466
825
100
96
m
Caijuga.— The Cayuea Lake road was sold under
second mortgage, and this Co. organized. (V. 19, p.
WD.)
Cayttga <fc Su^guihanna. Leased in p«rpetuity to
Delaware, Lackawanna & Western. Dividends, 9
100
100
1,000
1,000
1,000
1,000
1,000
1,000
ibo
1,000
1,000
1,000
1,000
500 &0.
500 Ac.
1,000
A.
7
1,334,000
6,850,400
769,600
700,000
582,000
2,332,000
7,500,000
2,287,000
150,000
300,000
3,700,000
925,000
20,000,000
5,000,000
4,770,000
10,000,000
600,000
«2,000,000
5,000,000
8,000,000
2,437,950
1
3«9
7
7
7
5
7
7
7
7
7
««•
7
3
3
6
?«•
1,.500,000
1,483,000
6,080,000
28,885,000
2,735,000
1,970,000
6,000,000
1,291,000
500,000
9,436,000
193,500
1,309,000
«:
I'^«-
%"
««•
7
7
77
500,000
.300,000
15,898,401
15,000,000
5,426,000
06,000
100,000
902.000
.
Total
.
10,
SM;V.
21,p.
1, 1809
1887
1, 1890
June 1, 1900
Feb.
Deo, 30, 187B
Deo. 30, 1875
Sept.,
F.
7
4^3
&
g.
7
7
5
8
I
4,44o,29^
8,780,138
4,600,000
1,843,066
2.'i3.)
Central OAio.— Leased to Bait. A Ohio RR. In 1866
for 2 years, rent 85 per cent of gross receipts for 5
years, and 40 after. Pays 6 per cent dividends.
i
1,
1,
1884
1883
1900
1899
1, 1888
1, 1892
July 1, 1890
Oct. 1, 1890
1890
1895
Jan.
Jan.
Oct.
1,
1901
Deo. 15, 1899
Nov., 1899
July 1, 1902
Julyl.'77to'9a
1880
1884
1876
1877
1893
July 15, 1875
July
1,
1877-'80
May, 1872
Mch. 1, 1876
Mob. 1, 1876
Oct. 1, 1908
Nov., 1877
Jan., 1803
Jan., 1883
Jan., 1876
July, 1882
April, 1804
April 1,1894
July, 1898
July, 1898
Aug., 1900
do
do
A.
A
J. A
J. A
J. A
A. A
J. A
J. A
M. A
J. A
A
1,
Jan.
1895 to '99
July 1, 1899
Philadelphia, Penn R.R.
AC
AD. N. Y., Metropolitan Bk.
N. Y., Bk. of Commerce. Sept. 15, 1875
do
Jan. 1, 1883
do
M.
5
8
July
Oct.
m.'a'n.
7
1800
Oct. 1,1875
1895 to '98
J.
J.
7
$21,976,503
(V. 19, p. 246; V. SO, p.
1890
Nov., 1902
July
N. Y., Flsk A Hatch,
do
do
A J.
A J.
do
do
A J. N. Y., Am. Exoh. Bk.
6
do
do
A J.
do
8
A J.
do
do
8
A J.
do
7
Boston.
2
J. A J
do
6
J. A J,
Philadelphia.
7
M. A N.
4
M. A S. N.Y.,M.K.Je8up,P.A Co.
do
4
do
M. A S.
««• J. A J. Lond'n,J,S.MorganACo.
M. A N. N.Y.,M.K Je8up,P. A Co.
do
do
7
J. A J.
do
do
7
A. A O.
1% Q.^r. N. Y. U. 8. Trust Co.
8
J. A J. N.Y.,M.K. Je8up,P. A Co.
do
7
do
A. A O.
7
do
do
A. A O.
do
do
7
J. A J.
do
7
J. A J.
do
This Inciease In
presented by the following Increase in assets:
$.3,S0fl.f71
Railroad
Expenditures at Jersey City
355,805
n5,22l
Port Johnston Coil Station
Station houses, shops, etc
113,400
.
April 15, 1901
Jan. 20, 1876
A.
l«I'-
liabilities is re-
. .
July 15, 1899
A.
J.
"o'g.
1,220,331
2,153,300
774,600
500,000
9,937,800
2,425,400
4,000,000
43,000
2,383,000
1,087,000
1,500,000
336,000
2,365,000
564,000
188,000
360,000
2,560,000
700,000
27,289,400
2,739,000
8,297,000
941,000
680,000
2,505,500
462,000
472,500
752,000
651,000
equipment
Lehigh and Wllkesbarre Coal Co. stock.
Lehigh and Wllkesbarre Coal Co. bonds.
Accounts receivable — increase, less accounts payable
J.
Q.-J.
7
7
2,500,000
84,276,500
25,883,000
New
a" J.
New York, Offloe.
A O.
do
do
New York, at ofllce.
F. A A.
do
do
H. A N.
do
do
do
do
Q.-J.
J. A J.
do
do
M. A N.
London.
Q.-M. N. Y.,Cent. KR. ofN.J,
J. A J.
do
do
J. A T> Bait., at B. A O. offloe.
J. A D
do
do
M. A 8. Bait., West. Natl. Bank.
A. A O N. Y. A San Francisco.
A J. N. Y., FlskA llatcli.
A J. Sacrani'o Stale Treae.
A J. N. Y., E. Kelly A Co.
A O. N. Y., Flsk A Hatch.
A J.
U. 8. Treasury.
A J. N. Y„ Flsk A Hatch.
U. 8. Treasury.
J. A J
N. Y., Flsk A Hatch.
do
do
J. A J
do
do
J. A J.
do
do
A. A O.
J. A J N. Y., Nat. City Bank.
J. A J. N.Y.,M.K.Je8up,P.ACo,
g.
2«a
411,5.50
stock, bonds and
A D
New York.
1901 .
A J. Now York, 44 Bouth »t. Jan. 3, IWrn
A O. N.Y.J. 8. Kemiedy A Co Alirll 30. 18H4
J. A J.
do
do
Jim. 2, 1907
Q.— F.
Bonton, Tritamiror.
Frb. 1, 187B
F. A A.
do
do
Fob. i, 1876
F. A A. N. Y., Nafl Park Bunk. Aug. 1, 1891
P. A A.
do
do
Aug. 1, 1804
M. A N.
do
do
May, 1916
J. A D.
Savannah, Ga.
June, 1H73
J. A J. New York A Savannah. Jan. 1, 1893
A. A O.
Savannah, Qo.
Oct., 1880
J.
J.
I'7
300,000
160,500
Funded interest, coupon bonds
Income lionds (for funding)
<7Ac«/ttre—Stock, preferred
Chicago cC A (ton Common stock
Preferred stock
General mortgage, sterling, for $8,000,000
1st mortgage, preferred, sinking fund
$800,000
580,110
198,000
'jfe»»//»-T'ilhel-
1903
1890
1890
Jan. 1, 1896
Boston, Co.'s office.
June 1, 1895
Boston. Co.'s Ortlce.
Mar, 1879
N.Y., N. Bk. of Com'rce.
July, 1889
do
do
July,
1878
do
do
Frankfort.
July
July
N.Y., N. Bk. of Com'rce.
Oct.
Boston
ofllce.
1,
1,
1,
<t OAlo.— After the panic, default
interest.
Net earnings in 1874 75.
Receiver appointed October, 1876, and
foreclosure proceedings will probably be had for
A very complete
the purpose of re-organlzstion.
statement of ontstanding liabilities and the plan of
re-organization are given in V. 21 p. 5flO. (See V.
•iO. p.
162, 1X4, 357; V. 41, p. 82.3. 371, 417, 441, £84.
869,612; V. 23, p. 42, 87, 134.)
Chesapeake
was made on
$146,808.
,
DiviCheshire.—THet income, 1874-75. $76,987.
dends, 4 per year. (V. 18, p. 295; V. 21, p. 50 U.)
Chester Valley.— Xn hands of trustees
Reading.
to Philadelphia
and leased
A
)
Central Pa<rf;Ic.— Gross earnings In 1874 were $14,531 ,:i55 (currency), and net earnings $8,682,378. Land
grant statement. V. '*1, p. 136. An abstract of the
annual report for 1874 is uiven In the Chronicle.
V. 21, p 251, and earnings and expenses later, to
July, 1875, on p. i42, sliowing net earning" for six
months of $1,229.7;*S in mixed coin and currency.
Regular dividends of 8 per cent a year now to be
declared. A settlement with bondholders of California Pacific has been proposed, by which the Cennew bonds to a
tral Pacific guarantees certain
limited smonnt
(V. 20. p. 8, 87, 42, 178, 188; V. SI,
p. 159, 48S;
V.
32. p. 61.1
Chicago <e AUnn—yYie report for 1874 Is given at
length in v. 20, p. 2flfi, and Bh"ws gross earnings of
»5.126,22«, and net earnings of $3,224,8:6, asainst
&
Chicago RR. is leased for
$2,121,286 In 1873. Joliet
interest on stock and bonds. St. L.. Jack. «t thlc
Railroad leased at $-240,000 per year. Louisiana
Mo. RR. built and operated under contract. (See V.
Illinois
The Chicago
19. p. 479; V. 20, p. 429.)
River bonds had not been sold to Jannary. 1876,
and there was some litigation. (V. 18, r. 860; V. 19,
p. 16, 479; V. SO, p. 176, 865, 889, 800; V. «1, p. IM,
A
A
6
8.)
diieago, Burlington <t ^incy.—Stock was Issned
exchange for that of the Burl. Mo. River in Sept.,
Gross earnings for 1«5 were JILft^iOO; expenses, $'<.400,000; net earnings. $5.30 .(iiO; interest
charge. 12,014,000. The C. B. A 0. Iea«e« nnmerous
branch roads, giving hem a traflic euarantec (usoally
40 or 50 p. ct.) for purchasing their bonds. Enough
of the consolidaied moitgagc Is reserv- d to uke up
prior debts.
In Angust. 1875, stock of this
Company was issned in exchange for Bnrllnirton
Missouri River Railroad stock, and the same is also
Sven for the convertible bonds of BnrllDgtoo
(V. W, p. l.\ 87, «0, 184,
issourl River Railroad.
in
CharMte, Columbia <t. Augusta—Stoc\i is »2,578,000.
Net earnings in the year ending September 30,
1875, $2.50,004, against $i2,"i,730 the previous year.
Increase in lociu business, 19 per cant. (V. 21, p.
590; V. 22, p. 134.)
«%ar^i«r(i.— Leased to Pitta. Oin.
operated by Penn. Co.
A St.
Net earnings go
Lonls. and
to lessor.
(V. ao, p. 427.)
Cherry VaOey, Shar. <t .4/.— Timnsferred to Delaware A Hudson Canal Co., April. 1675. Interest
nnpald in December, 1875. (Y. 90, p. 404.)
187."^.
1
A
A
336,
499.)
)
.
)
.
. ..
Hubsorlbera will conl'er a
—
lereat
For explanation of column beadlngs,
on first page of tables.
&
&c., see notes
Miles
Date
Size, or
of
of
Par
Road, Bonds
Qiiincy—( Continued)—
Hannibal, Ist mortgage... 1
Chicago, Burlington
31
70
44
40
43
.
,
d Louisville— latituort
Chic., Clin, rf I>k6.— Ist mort., coup,, regis'ble
Chic., Danv. <t Vtii.— 1st mort., gold, sinK'g f 'd
Chicago, Cincinnati
Indiana extcn., 1st mort., gold (2d mort on 114m)
OAtaiffo
Onbuque <£ Minnesota— luK mort
/owa—lBt mort., coup., may be reg
if:
Ohieago. Iowa
<£•
A'cftnjs/.a—Stock
73
60
114
21
131
80
82
82
82
105
195
195
52
2d mortgage (now 1st)
3d
do
(now 2d)
Chic. <t Mich L. Sh4>re— 1st mort
Coupon,
f
but
Ist mortgage
J
Ist mortgage
may be
1
Ist mortgage, on branch
registered,
Chicago, Milwaukee *£ Si. Paul-'Cow. stock
1,399
Preiericd 7 percent stock
1,399
Consolidated mortgage (for $35,000,000)
1 st mortgage
370
5s 370
2d mortgage
220
Ist mortgage (Iowa & Minnesota)
1st mortgage (Minnesota Central)
49
Ist mortgage (Iowa & Dakota)
Ist mortgage (Prairie du Cliien)
23.5
2d fniortgage (Prairie du Chien)
3S 235
Milwaukee & Western
Bt. Paul & Chic. Ist mort., $ & £ (conv.)....
130
as
Ist mortgage, Hastings & Dakota
75
.
[
Ist mortgage, Chicago
& Mil.
line
Equip. & bridge bonds (may be paid In 1878)
Western Union, Ist mortgage
85
P4«
197
1888
1870
1870
1870
1809
1872
1867
1871
1869
1872
1st mort., general, 3d mort., Ohio, to Oshkosh
Appleton e.xten., Ist mort. on 33 miles and land.
Green Bay extcn., 1st mort. on 26 miles and land
1st mort.. Galena & Chicago Un. RR. extended.
Mississippi River Bridge b'ds, lien on net earnings
.
Elgin & .State Line Railroad bonds
1st mort. (Peninsular RR.) on roads and lauds
Ist mortgage (Bcloit & Mudisou Railroad)
Milwaukee,
1
mortgage, 2d
st
lien
Menominee extension,
1860
1863
1869
1870
1871
1872
do
2d mort.,
do
do
do
1st M. exten, gld, land gr., s. f
La Crosse, Tremp. <fe P. 1st mort,, guar. C. & N.W
Iowa Midland, Ist mort., guar, by Chic. & N. W..
Northwestern Union, l.st mortgage, gold
Chicago cC I'aducah—lat iuortg<ige
Chicago, Pckin (£ South western ist mortgage
—
2d mortgage
Chicago, liock Island rf Poci^c—Stock
1st mortgage, sinking f unil
Branch bonds (sinking fund $40,000 from 1877
Chic. & S'western, 1st mort., gold (guar in cur)
Clue. & S'western, 1st mort., gold, not guar
Cincinnati, Hamilton t^ Dayton Stock. .'.
.
1st
2d
3d
mortgage
do
do
—
of
1 8.53
18(55
1807
Cln. Ham. & I, (Junction) RR., 1st mort., guar.
Cincinnati. Lafdi/etle d- Chicago— Isx mort., gold.
Consolidated mortgage
Cin. <£• Mnrlinsrille—lHt mort.,guar by lessees
Cincinnati <e Muskingum y«Wci/— 1st mortgage
Cin., Richmond d: Chicago 1st mortgage
.
—
2d mortgage
Cin., Richmond
Chicago
di
Ft.
IT.— Ist mort., gold, guar
Canada S>u<A«rn.— Connection
<t
ada Southern.
of Can-
Interest not paid.
Chicago, Cincinnati
tion furnished.
Chicago, Clinton
c6
&
LouisviUe.—'Ho informa-
—This road defaulted
I87.S. It was built b.vfconstruction companies in
which directors of C. B. & Q. were stocKholders.
in
(V. 80, p. 83, 1S4; V. 21, p. 14, eiS
Chicago, Danville
Vincennes. There is also a
2d mortgage for $1,000,1'00 and a chattel mortgage
of $1,(X)0,000, most of which are pledged. DefaiUt
was made in 1873, and coupons partly funded, subsequently receiver appointed, and litigation in progress. (V. aO, p. 15, 48, t)0, 241, 266, 289, 318. 357, .38B,
404, 453, 499, 670; V. 21, p. 157, 185, 347; V. 22, p. 87.)
—
&
&
(Jhicago, Dubuque
.Ifi«7!f«o/a. —Defanlled De1873. same as Chicago Clinton
Dubuque.
(Y. 20, p. 85, 139, 184; V. 21, p. 14)
&
cember,
Chicago <{• /otco.— Has a traflic guarantee of Chic,
Bnrllnglon & Quincy 40 per cent for purchase of
bonds. (V. S2, p. 87.)
Chicago, lotoa <t JVcAj'cwia.— Leased in perpetnity
to Chicago & Northwestern, at 37>i per cent of
1859
1862
1859
1862
1853
Chicago
&
Michigan Lake Shore.— The
first
V.
is
19, p. 247;
V.
20, p. 00,
a comparison for three years:
1874.
1873.
1872.
1,399
l,:j99
1,28:1
t27,fi78,744
$27,673,744
$94,224,331
27,119,610
26,287,610
Debt
23,986,02)
Earnings
8,953,017
9,016,123
6,957,771
5,871,116
6,:;M,.')60
4,695,615
Op. expenses.
3,081,900
2 451,1163
Net earnings.
2,262,1.55
The issue of consol. bonds of 1875 was made to sub.
etitutc for that of 1874; of these bonds $27.;i39,000 are
r«6crYed to take up old debt. Lacrosse Bastern div.
Miles
Stock
.
.
1,000
500 &c
1,000
1,000
1,000
1,000
1,000
100
100 &0.
500 Ac.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,600
1,000
1,000
1,000
100
100
100 &c
100 &c
100 &c
500 &c
500 &c
1.000
1,000
1863
1863
1865
1871
500 &c.
1871
1872
500 A-c.
500 &c.
1870-1
1,000
1,000
1,000
1,000
1,000
137 1871-1 1,000
175 1871 100 &c,
28 1870
1,000
75 1870
1,000
62 1872 500 Ac,
156 1873
1,000
70 1871
1.000
64 1871
1,000
674
100
359 1866
1,000
1875
1,000
2.50
1869 100 &c,
50 1871
1,000
60
100
60 1853
1,000
60 1865
1,000
60 1867
1,000
98 1873
1,000
75 1871
1,000
75 1874
1,000
38 1865
1,000
148 1870
1,000
36 1866
1,000
36 1869
1,000
90 1871
$S34,000
1,131,000
8
933,000
756,000
864,500
2,500,000
1,000,000
1,500,000
2,500,000
1,500,000
8
8
8
4„425000
8
8
1,750,000
3,838,200
568,200
211,500
477,000
3,523,000
1,3,50,000
1,280,000
15,399,261
12,'274,483
2,154,000
5,909,000
1,091,000
3,810,000
190,000
837,000
3,674,000
1,315,000
234,000
4,000,000
467,000
2,500,000
245,000
3,500,000
14,993,060
21,484,113
1,238,700
740,300
3,578,000
146,000
265,000
1,692,000
186,000
122,000
328,000
284,000
4,277,000
3,150,000
1,700,000
2,700,000
9,758,000
2.7,50,000
1,650,000
4,375,000
1,000,000
1,350,000
3,500,000
2,808,000
700,000
300,000
24,999,700
9,000,000
1.000,000
5,000,000
1,000,000
3,500.000
1.250,000
500,000
500,000
1,846,000
1,120,000
471,000
400,000
1,500,000
560,000
65,000
1,800,000
?«•
8
7
g.
5
7
7
8
8
8
8
7 8.
7bd8.
7
7
7
7
7
7
7
?«•
7
10
7
3J3
7
7
7
7
7
7
7
6
7
7
7
?«
7
7g.
10
8
?«•
8
4
7
6
7g.
I'7
7
8
7
g.
7
7
7g.
186, 253, 612.)
(Chicago <t Norlhwest.—The fiscal year ends with
May. The last unnual report will be found in the
Chronicle, V. 21, p. 206. The net surplus of the
year on the Chic. & Northwest, lines proper, after
paying interest, was $l,.368,lb7, and on the whole
system, including proirietary roads, $518,266, The
net earnings of proiirietary roads were $282,004, and
the interest on their bonds, $1,129,905. Lands of
the company are 2,108,&43 acres unsold, and were
only recently placed In market. In 1874-5, 24,296
acres were sold at an average price of $4 78 per
acre. The nominal surplus balance of the Company,
May 8!, 1875, was $2,637,612. Operations for the
last six fiscal years compare as follows:
.
Gross
Expenses
Net
earnings.
and taxes.
$12,707,-;2:i
$7,984,694
'9,334,450
8,178,237
6,810,026
6,3 1,506
8, 13,317
earnings.
$4,r23,l31
5,075,673
4,568,370
14,410,124
12,736,607
11,402,161
11,694,914
12.5.35.428
&
& O. New York, Co.'s Office, April, 1909
& O.
do
do
April, 1912
& D. Bost., C, B. A CJ. Office. Juiie 1, 1800
J. & J. New York and Boston. July 1, 1901
J. & J. Boston, by Treasurer.
Jan. 1, 1876
& J. Boston, Merchants' B,k. July 1, 18Aa
& A. New Y'ork, Park Bank. Aug. 15, 1892
M. & S. N. Y.,Farm. L. AT. Co.
Sept. 1889
July, 1890
J. & J. Bost., Treasm-er's office,
M. & N.
do
do
Nov., 1891
M. & 8.
do
do
Sept. 1, 1892
J. & J.
New York, Office.
Jan., 1871
J. & J.
do
Mch. 2, 1874
do
J. & J.
do
do
July 1, 1905
1893
J. & J.
do
do
A. & O.
1884
do
do
J. & J.
do
do
1897
1804
do
J. & J.
do
1899
& J.
do
do
F. & A.
do
1898
do
F. & A.
1898
do
do
1891
J. & J
New York, Office.
J. & J liOndou and New Y'ork
Jan., 1902
New York, Office,
1902
J. & J.
do
do
1903
J. & J
New York, Office.
J. & D
Jnne 1, 1883
F. & A. N. Y., Mil. St. Paul RR.
Feb. 1896
Dec. 28, 1872
J. & D New York, Co.'s Office
do
July 15, 1873
J. & D.
do
F. & A.
do
do
Aug. 1, 1883
M. & N
do
do
May, 1883
F. & A.
do
Aug. 1, 1885
do
do
Aug. 1, 1885
F. & A.
do
do
F. & A.
do
Aug. 1, 1885
F.
A.
do
do
1882
do
Jan. 1, 1884'
& J.
do
do
July 1, I8f7r
J. & J.
do
M. & S.
do
do
Sept. 1, isr
do
do
Jan., 1888
J. & J.
Q.-F.
do
do
Feb. 1, 191S
A. A O.
do
April, 1911
do
July 1, 189S
& J.
do
do
Jime 1, 1911
& D,
do
do
& D,
do
do
Dec. 1, 1902
do
Jan. 1, 1887
& J,
do
Not. 1, 1907
do
do
M. & N,
do
Dec. i, 19191
do
J. & D
do
do
April 1, 1879,
A. & O,
do
do
A. & O,
Oct., 1900
Jime I, 1911
M. & S,
do
do
July 1, 1903
J. & J
F. & A
Farm L. A T. Co. Aug. 1, 1901
A. A O
1S91
York,
A. A O New
Co.'s Office, Oct. 27, 1871
1896
do
do
J. A J
F. A A,
do
do
Aug. 1, 1S9S
Nov., 1890
M. A N
do
do
J. A D
ApriY,'i873
A. A O N.Y.,Wlnslow,L.ACo,
May 1, 18801
M. A N
do
do
do
do
July 20, 18851
J. A J
do
do
June, 1877J
J. A I)
do
Jan., IfWEf
J. A J
do
Mch. 1901
M. & 8, N.Y., J.S.Konuedy A Co,
do
do
Nov. 1, 1914
J. & J,
A A, New York, Co.'s Office. July, 1909
Jan., 1901
J. A J. New York, Mora'n Bios.
July, 1895
J. A J. N.Y.,Winslow,t.ACo.
dof
Jan. 1, 1889>|
A J.
do
June, 192t
& D.
New Y'ork.
A.
A.
,
8
bonds of 1872 are convertible into dollar
.
N. Y.,N.B'k of Comm'rce
July, 18?»
New York and Boston.
Jul}-, 1900
Boston.
Oct., 1890
J. New York and Boston.
July, 1890
o.
Boston.
April, 1879
o. N. Y., Union Trust Co. April 1, 1902
J. N. Y., Farm. L. AT. Co.
Jan., 1887
D. Bost, C, B. A Q. Office. June 1, 1896
J.
J.
O.
<fe
gold bonds of $1,000 each. Dividends have been
paid since 1889— on preferred stock in 1874 7
in bonds, 1873 7, 1872 7, 1371 7, 1870 7 and 3 scrip:
ou common stock in 1871 7 scrip, 1870 3 cash and 7
scrip.
(V. 20, p, 60, 163, 188, 474, 476, 593; V. 21,
1874-75
.
1873-74
1872-78...
1871-72
1670-71
1869-70
Dividend.
,1.
?«•
7g.
7
7
7
ionrfo— Princiwhen Due.
Stocks— Last
pal,
.1.
8
7-3
bonds, due 1874, were
Th« dividend on preferred
stock March, 1874, was paid in consol. bonds. The
p. 88,
&
&
&
&
&
J.
J.
8 per cent
extended
called in January, 1876.
mort-
312.)
Chicago, Milwaukee <t St. Paul.— The last annual
icport is given in Vol. 20, p. 4 74. The following
18, p. 14;
1,000
500 Ac.
gross receipts.
gages, main line, liave traflic agreement from Michigan Central. In default for interei^t since July, 1873,
except on first bonds $477,000. ( V. 17, p. 188, 211 ; V.
&c,
500 &c
1875
1863
1864
1867
1864
1869
1868
1868
1861
1872
1872
1873
1873
1866
46
779
126
85
120
sterling
Dubugue.
500
100
100
193
23
26
248
Ist mortgage, gold
Gen, cons, mort., gold, coup, or reg. ($48,000,000) 1,058
Winona <fc St. Peter, Ist mort., guar by Chic.&NW, 137
$1,000
1,000
1871
74
Consol. sink'g f'd M.. (all above convert. Into this)
Madison extension, 1st mort., sinking fund, gold
&
Rate peri When Where Payable, and b^
Outstanding
Payable
Cent.
Whom.
Value.
1871:
Chicago i£ Norlhtcestern— Common stock
1,459
Preierrcd stock
L,459
Bonds, pref. (sink'g fitod), Ist mort.. Chic, to Osh. 193
Interest bonds, funded coup., 2d m., CHiic, to Osh.
193
Qiicago
iir OR DIVIDENDS.
INTEREST
Amount
tt
Ottawa. Oswego <& Fox Riv., Ist m.
Coupon,
Illinois Grand Trunk, Ist mort
\ but may be
Quincy & Warsaw, 1 st mortgage
registered.
Keokuk <fe St. Paul, Ist mortgage
J
Chicago <£ Canada Southern— 1 st mort. gold
Chicago.
[February 26, 1876.
faTor by kIvIhk ImmefUate notice of any error discovered In these Table*.
DESCRIPTION.
Peoria
;
RAILROAD STOCKS AND BONDS.
XVI
4,592,1.35
5,383,408
4,t)22,lll
The trust deed of the gold loan provides contingentlv for a possible Ikbuc of $4S,000,000, by ultimately absorbing all the other bonds and also :ill
subsequent issues, including all the bonds of the
proprietary roads of the company, toL-ether aggregating $35,349,000, which amount is reserved from
the $48,000,000. The residue of the gold loan, viz.,
$12,1151,000, represents all the additional indebtedness resulting from the mortgage.
Dividends
have been paid— Julv, 1873, 3^ on preferred;
December, 1872, 3}f on both; June, 187S, 3X on
preferred: December, 1871, 3X on ptefetr&i; Junei
S Oh both*
1871, 5 on both; December,
1870,
June, 1870, 2 on preferred; December, 18(W, 5 on
preferred, 4 on coiumon June, 1869, 5 on b<^';' De^
cember, 1868, 5 on both. (V. 19, p. 296, 37* »38i
:
V.
20. p. 136, 186, 593; V. 21, p. 109.)
Chicago db Paducah.—Completua
,
in July, 187t
(V. 19, p. 18; V. 20, p. 357; V. 21, p. 85.)
Chicago. Pekln dt Southwestern.— OpcTtei in IS
Gross earnings first half of 1874, $66,346; nel
$3:j,720.
Chicago, Rock Island <t Paciftc—fiet receipts Id
April 1, 1875,
$3,543,583, agaiwi
$3,256,684 in 1873-74. The income account for ye««l
was as follows: Gross receipts, $7,399,613; net!
receipts, $3,534,283; dividend payments, $l,678,38t;
interest, Ac, $755,000; surplus for the year, $1,109.-
year ending
899.
Chicago & Southwestern road is leased and
guaranteed on $5,000,000 of its bonds
(V. 20, p. 614; V. 21,
interest
the others ore in default.
p. 38, 186,
2.'i3.)
Cincinnati, Hamilton <fc Dayton.See report in V.
62, showing net income of $197,192 in 1874-6.
Investigating Committee's report, V. 20, p. 367.
(V. 19, p. 183; V. 21.p. 62.)
Cincinnati, Lafayette <t (7Aicajo.— Lafayette, Ind.,
to Kankakee, 111. Gross earnings in 1874, $4.'58,717.
net, $823,488. Cost of road, Ac, $3,752,870. (V. SO,
21, p.
p.
568.)
Cincinnati <S ifartinsvlUe.—'Recevtiy leased again
to the lud. Cin.
Laf.
Interest in default soma
years. (V. 80, p. 289.)
Cincinnati A Muskingum FaC<i/.- Is leased for 99
years from 1873 to Pittsb., Cin.
St. Louis for net
earnings, but bonded intereet is guaranteed. Deficit
to lessees in 1874 was $115,236. (V. 90 p. 42T.)
Cincinnati, Richmond
C'Aicff(70.--Leased to Cin.,.
Ham. & Dayton, which owns most of the stock.
&
&
&
Net income above
p.
interest,
1874-5, $25,623.
(T. 21,.
62.)
Cinclnnitl,
Richmond
Fort TFosni«.— Leased lo>
Grand Kapids for 99 years. Interest on bonds isgnarante d by Grand Rapids, Cincinnati Hamilton
& Dayton, and by Pennsylvania Co, (V, SC,p. 15.)'
<ft
;
SAILBOAD STOCK&'JLNP BQNDB.
February 26, 1876.J
BabMriken
irlll
>
..
xreat taror by KiTla( Immadlata aotlee or anjr error 4laeoTare4 la (k«>«><
confer
rNTEBEBT OE UIVU>EMD8.
Wb«n Where Pajra
Fajrablei
DESCRIPTION.
j,,,^^ Date
Size or
Amount Rate i>er
of
of
par
For explanation of column lieadings, Ac, sec notes
Road. Boudu Valui!. Oiitataiidlng
on drnt imge of tables.
Ceni
I
171
171
Oineinnati, SiinduHky <C Cleveland—Stock
preferred Mt<tck
MortK»ffe bonds, 8an<lUHky, Dayton <& Cincinnati
SandOBkyclty * Tnd
CInriiiiiiiti. Sandusky
do
do
ColumbUB,
2d niiirtRaxe
—
<f Mtcli
l«t mortKage
Cletfiand, (alunibug, Cincinnati
Oin.. With.
iRt
A
<t
Intf.
do
C. & I. Hliikhiff fund
do
ConsoUdated mortgage (for $7,500,000)
OUteUiwt <e Mahoning valUii—-Stuc\L
let mortgage, extended
Sinking fund, ;id mortgage (now 2d)
NllesA New I,i»)>on, lut mortgage
Otevtland, Ml. Vernon it Oel.—lut mortgage, gold
let mortgage. C'oluniburt Extension
Income mort gage lor fniidhig
OUteland ft I'iftabnrf/lt—iinaviUitGvd stoek
4th innrlu^age (now I«t)
C'iiis(iliiliiti-il sinking fund miu-t. for .$.^,000,000..
CC,
Const rnc'iioTi and (H|nipiiient
Otfrclaiift. Tiisf'ttnnras T alley d:
bonds
Wlieeling
.
Columbns.
Chiciifj'i
18.57
3.5
1870
1870
1871
1,000
109
199
199
((.Chicago *k (f reat
50
d(t
Income convertible
Inc^ome (Toleilo, Logansport
Columbus d: XenUi — Stock
let mortgage
.l,tK)0
50
1,855,2.5(1
500 Ac.
13
1870
1872
1,000
—Stock
13,328,.568
1,000
10,428.000
451,000
2,632,000
775,000
309,500
217,750
821,000
16«,5(K)
Burlington)
—
Now mortgage
bonds,
do
gintr.
—
—
—
by Conn.
&
1,000
35
41
1(K)
144
110
110
(for $l,.j(K).()00)
1st niortgagi\ sinking fund
Notes, coupon
Massawippi st'k, guar, same div. as Conn.
70
55
& Pass.
"
Pass
Conneetient Uierr .Stock
1st mortgage (sinking fund now $148, 931)
Oonneelirul Valley 1st mortgage
Conneetirut Western 1st mortgage
Connect ing { I'hila. )—lsl mortgage
.50
50
1873
18.56
•66-'71
1860
44
C8
1871
1,000
1870
500 Ac.
iseis
1,600
1,000
803,.500
50
1,777,8.50
1(X)
18.58
1808
))ouds
Xorwalk —Stock
and lid mortgages
33
33 '60-'72
51
1868
117 1869
170 1871
142
142 1871
d:
1st. 2il
Tkinrillr, llitzteton d:
Wilkesbarre
— 1st
mort
Danritle, UrbUHU, hl'lon d I'elcin—lxt M., gold
Vaeenfwrl d St. I'anl Ist mortgage, gold
Daiftinid Micliitfnn^Common stock
Preferrexl stock, (S percent, guar. C. H. &D.)
—
mortgage, sinking fund, $30,000 per year
142
142
141
2d mortgage
3d mortgage
Toledo depot (cost $353,940) let and 2d mortgage
Cleveland. In the year
cfe
H75, gross earnings were $857,(195;
net earnings. $S».%91!», or just
«bont $30,000 better than in 1873-74. (V. 81, p.
cipen.ees.
30.
100 Ac.
100
100 Ac.
200 Ac.
1,000
1,000
100
,50
1,870,0(X)
1867
1869
1,0<X)
441,000
356,000
105,500
SpriMiiield.—\Ma»eA in perpetuity
to Clcv. Col. C. A I., with guarantee of interest
on first mortgage half of interest is also guaranteed
by Lake Sh. & M. .S.
&
dneinnati, Wabash
Michigan.— V&\<i interest
January, 18T6, to bondholders not consenting to
pass, and allow funds to be used for completion
of road. Some bonds held by Lake Shore A MichigU) Southern, but no indorsement by that company.
fV. 28, p. 168.)
—
&
(Seeelaml, Colt/mhtis, Cincinnati
Indianap. The
annual report is given in the Chkonicle, V. 20,
Net earnings in 18"4, $1,01)1) 451, against
P. 835.
$1,464,050 in 18T3. Floating debt, JMS.Wl. Later
statement July, 1875. (V. 18, p. i48, afifi, 374; V. JO,
latest
U.M1;V.
81, p. B3,
SM.)
&
Mahoning Valtei/.-Vrw leased to At(Ireat Western, but that company defaulted
oil the rent.
See V. 17, p. S 1 i ; V. 20, p. »5, 139.
Cleveland
Inntic
A
Cletetand, Mount Vernon <fe Delatmre.— This company defsultcd July, 1874; the Pennsylvania Kail-
road
with
owns much
its
of its stock.
bondholders, by which
Made
all
a compromi-c
the
coupons due
Jaly, 1874, and one-half of coupons from January 1,
187s, to and including July 1, 1877, are 10 be postponed for ten years to .lannary 1, 1885. and
the remaining half to be p»id.
(Sec report, V. M,
p.
880.)
<t PUMurgh.- Lensed November, 1871,
Pmnsyivania Railroad Co. at 7 per cent on stock,
beeides expens^s-and interest. Report for 1874, V.
Cleveland
to
139,426. (V. 19, 638.)
Cleveland. Tuscarawas Valley
Whedlng.—TUs
road was sold under a 2d mortgage, Jan. 27, 1876,
«n4 re-organized. See V. 30, p. 6.', 140, .33«.
20, p.
p
*
do
do
J.
April
July
Fell.
do
do
do
1,
1,
1891
1S7H
June, '75 to
'M
Until 1809
do
New York or I>indon.
N.
n.
N.
A.
1000'
1877
ISPff
1001
1001
1002
Sept.
Wshneh, Indians.
N. Y., U. 8. Trust Co.
J.
A.
D.
Mar, 1800
Jooe 1,1014
Clcvfland Offlee.
N. Y., \Vard,C. A Co.
Anc. 1, 1803
Cleveland, nt Ollice.
Bent. 15, 1878
J. N. Y.. Union Trust Co.
Jan., 1800
J. N. Y., Winslow, I,. A Co. JRU. 1, 10<Ht
do
do
Jan. 1, 1001
8.
Q.-M. N.
J.
.7.
;
Ac.
I
>
&
Read-
1873-4.
against $272,790 In
—
<t
HocJdng Va'ley. Gross earnings,
»7n,49fl; net. «3.)7.077, a'jainst $876,159 in 187.3.
olstnibug
20. p.
Div. passed Ang.. 1875
The new mortgage
issues.
of $l,600,0JO will retire previoai
(V. 21, p. 217.)
C!»m«!c^tt^<<
Birw.— Net
Surplus account Oct.
See annual report V.
476.
C
1,
earnings 1S73-4. t9X,W'.
(V. 80, p. 61.
1874, $518,0S9.
nnecticut ValUi/. Hartford to Saybrook— The
is $1,034,600; floating debt, $1,177,000
Ac, 12,833,819. (Vol. 2 p. 634.)
stock paid
cost of road,
Columim, Chicago cfc /' (liana Central.— Th[a was
a consolidation (Dec. 4, 18t)7) On January 2'3, 1869, it
was leased to the l*ittsb. Cin. & St. Louis, the lease
being guaranteed by the Pennsylvania Railroad.
A new or amendetl lease was made February
The llr-t leasu
1, 1870, also guaranteed by P. R.
fuaranteed interest on $1.'),000,0(KI of flrst and
5.000.000 of second mortgaue bonds, the amended
lease on only $15,821,000 o( lirst and second bonds.
.\ug., '74, default was made on the $.5,000,000 seconds
and suit ispendiiig. The Pr( sidents of the Pittsb.
Cincinnati & St. L. Company. lessee, and the Pennsylvania Railroad, guarantor, wrote a joint letter to
the trnstces of the $1.5,821,000 mortgage bonds,
authorizing public notice to be given that the
interest on the said $15,821,000 of bonds would beregularly paid bv tile Pitts. C. & Ht. L. Co,, bnt
the interest on these has not been paid since Oct..
1875, and suit against the Penn. Railroad is pending.
Net earnings. 1874, were $933,990. (V. 20, p. 29, «l 140,
162, 211, 325, 856, 382, 486, 598; V. 21, p. 13, 347,
,
611,
Ixi.
IWR
J
Coloraflo Cniro/.— Built by Union Pacillc, which
holds the bonds, $5,270,593 in all. (V. 81, p. 85; V.
i
8<Tt.
I.
1.
1.
1,
1.
1.
I
1,000
CWfirooMdfc.— Leased to Philadelphia
No dividends paid on stock.
18':4,
Nov.
Ang.
I
ing.
<fc
do
do
do
do
do
do
N. Y., Union Trust Co.
do
do
N. Y., Union Trust Co.
I
22, p. 61.)
Clneinnali
Boston, OMce.
i
$561,77.'i;
691.)
UrMeod.
I
161.000
109,500
81,800
600,000
500,000
1,400,000
2,000,000
20,000 p.m.
2,393,000
1,278.100
1,000
A
A
A
A
Wtaas Dae.
Mdct-Lml
I
648,000
18.56
61&61 500
—
Cincinnali, Sandit^kjj
ending June
.500 Ai-,
.500 Ac.
.500 Ac.
2d mort gage
D<nilmr;f
1,000
100
38
38
82
52
tf-
341,400
3,750,000
2,554,000
74,024
1,786,200
302,000
1,500.000
350,000
2,175,500
670,500
280,500
607,500
400,000
400,000
2,100,000
250.000
1 ,000.000
3,000,000
996,000
38
38
56
56
7
]'ennfttf/rnniii — 1st mortgage
Cumhcrfitnd
2d Tiiortgaire, si liking; t'nu'i. (gnarnTiteed)
CnmliirNdid lV///c//— Stock (.f 1 .s l.ttlKl prelciTed)
Ist mortL'age
Common
100
100 &c,
100 Ac,
100 Ac,
J.
J.
A
A
pal,
Y., Farm. L. A T. Co. Manb 1, 1876
do
A J.
do
Jan., 1892
do
A N.
do
Nov. 1, HtOO
do
do
A J.
Jan. 1, 1913
Cleveland, Ohio.
PbllH., Co. '8 onice.
J. A D.
June 1, 1898
S g. J. A I>. Boston, Treas.'s Office. Jane 1. 1890
4
F. A A.
Feb. 10, 1876
7
A. A O. N. Y., 8t. Nlch.Nat.B'k Oct. 1, 1897
7
J. A J.
do
do
July 1, 1880
7
do
J. A J.
do
Jan. 1, 1892
"7"
A. A b. N.Y., St. Nlch. Nat. BTf.
April 1908
do
7
Various
do
1893 to "95
7
do
do
Nov., 1904
J. A J.
7
A. A O.
do
do
Dec., 1905
do
F. A A.
do
Feb., 1884
7
do
do
7
J. A J.
Dee., 1883
Various
do
7
do
1886 to '90
do
do
7
M. A N.
Nov., 1904
do
7
J. A J.
do
Jan., 1882
10
do
J. A J.
do
7
F. A A.
do
do
F. A A.
do
do
Feb,, 1890
7
F. A A.
do
do
7
Colninbns Ti'easury.
Dec. 10, ima
Q.-M.
M. A S. N. Y., Am. Exch. N. B'k Sept. 1, 1800
M. A N. Boston, Tower, G. A Co. Nov. I, 1875
3»3 J. A J.
Bitston.
Jan. 1, 1876
Feb. 1, 1875
3
F. A A.
Boston Orticc.
do
A. A O.
April 1, 1893
7
ilo
Defi. 1, 1876
6
J. A n.
do
1876 to -81
7
Various
Feb. 1, 1875
F. A A.
do
3
do
July 1, 1889
6g. J. A J.
4
J. A J. Boston, Bost.A Alb.RR. Jan. 1, 1876
6
M. A 8. Boston, Globe Nat. B'k.j S<'pt. 1, 1878
J. A J. N. Y.. Am, Exch. N. Bk.l Jan. 1, 1901
7
J. A J. New York and Boston. July 1, 1900
7
Pliiladeli<liia.
190O-'l-'2-'3-'4
6
M. A S.
6
M. A S. New York, Co.'s Offlce.l March 1, 1891
do
do
May 1, 1888
M. A N.
6
5
A. A O. Phila. and (Carlisle, Pa.' Oct. 1, 1875
8
A. A O. Phila.. T. A. Biddlc A Co April 1. 190-t
April 1,
908
8
do
do
A. A O.
do
\. A O.
do
Jan. 1, 1884
6
Dautuu'y.
IX'C.
1875
New
York
and
q.-M.
IHi
1880, '90. '92
J. A J. New York, 18 New st.
7
Oct. 1. 1888
Phila. Penn. RR. (!o.
A. A O.
7
April. 190<>
7 g. A. A O. N. Y..Farm. L. AT. Co.l
July. 1911
7g. A. A O. N. Y., Ixmd. A Frankf't.
1^ A. A O. (Jtiicinnati.C. H.A D.Co. Oct. 1, 1875
Wiuslow,
L.
0<t.
5, 1875
N.
A
Co.i
2
Q.-J.
Y^..
July. 1881
do
do
J. A
7
Sept.,
do
do
1887
SI.
8.
A
7
Oct.. 1888
<lo
do
A. A O.
7
do
Mar.,'81
doA 94
M. A S.
7
531,.50O
Porlsinoulh .Stock
d. rassicin/tsi^-—HUKk
<t
Oonnecltent
1 St
300,000
656,000
100
F.
g.
"i\
6
7
7
7
6
l,.50O,000
1,(KX)
do
&
.1.
7
18(17
1865
g,
500,000
1870
18(18
7 or 6
1,3.50,000
9.50,000
80
89
76
89
587
7
7
M.
100 Ac,
,(KK)
,(M)0
7
7
7
18(V8
1
3
4«7,()0O
18
1
O.
A
J. A
K. A
J. A
J. A
M. A
.M.
11,243,002
1,096,000
2,716.000
1,200,000
2,000,000
584,000
1,272,000
Eastern construe.)
(Columbus, Chicago & Ind. Central)
do
Concord
Concord
.(MM)
A.
31a
" g.
1,(M)0
1,(M)0
(
(Indiana Central)
1
M.
AM,
A R.
A V.
A 8.
M.
7
630,000
1862
1867
1873
— Ist m...
mortgage Coliinilius, Clile. & Ind. Central
(Cliieag)t & Great Eastern)
do
(Ooluml>us ik Indiaiuipolie Central).
do
Union & IjOga import)
do
(Toledo, Logansport & Burlington),
do
(Columbus & Ind. 1st and '2d i>ri'f.)
do
(Cincinnati it Chicago Air Line)
do
2d mortgage ((^olunilms A: Indianapolis Central).
(lo
2,7,59,200
67
l9t
(In
.50
100
145
Indiana Central —Stock
.f:
J.
500 &c
500 *c,
—
mortgage lnnnis
7
7
7
.500
].IK)0
l.(KX)
1,(H>0
1,072,800
1,000,000
2,000,000
411,000
1,200,000
14,991,002
248,000
418,000
3,000,000
1 ,000,000
1873
CotrhriKtk'httr—lfit iiiorfgage
Coloradti i'l-nlral—lhi itutrtgage, c(mvertible
Colunihus ff- Uiicking Vatlctj .Stock
lat mortgage, sinking fniid l>ouds
1st mortgage, Logan it .Stiiiitsvlllo Branch
!id
F. tt A.
((7
81
471
138
202
..
H.
6
7
300
390
80
48
. .
3
i8«b
1864
1800
1874
4.'5
—Btook..
C.
(Bel.
3
420,087
090,000
390,000
r*m<*»— Priiiflby
WKo
lom.
Pajr'blti
$l,0O5,7iJO
1,000
1,000
1,000
Clove...
& C. RU.) ^'J.l.OOO a year.
& Ind.) oxeb. for uew mort.
mortgage (C,
$50
50
18H6
1852
18U7
1871
1871
1872
1871
HprliiKllPld & (iiiiiMimtl— Ist mort
tipriiii/jieM—lut iiiortt^age, guar
d
Olnciinmlt
ztii
,
—
Confifcticut Western.
Net earnlnirs 1874-5, $1P4,(V.21, p. 611.)
296; interest, Ac, $281.2'J6.
ronn«cflni7. —L-ased to Philadelphia A Trenton
and operated by Pennsylvania; terms, pr-r cent or
$1,2;8,.3'X) stock and interest on tlie >»ond8,
Cutnds'land
<t
Pennsylrania.—OwncA and operCompanv. which gnaran-
ated by Consolidation Coal
•
A
by Pennsylvinia Railroad, and the terms are 8 per
cent on stock and interest on bonds.
Vnnco'd.—V&y^ 10 per cent a year; net receipts in
$1.5t>0,000.
— The
stork is owned in large
part by Ptnnsylvrtnin Hsilr-'ad Co. Net earnings,
year ending Sept. 30. 187^. •i6(',.594. Large advance*
Cumbei-l'infl Valley.
have been made lo branch niads. This company
in 1S72, nothing in ISTS.
E«id9ix'r cent in 1871,
ut resumed in 1874, and declared 5 per cent, ia
October, and semi-annually since.
.'.
Panrille ITazleton tt mUfebarrr.—l^eaaed.Mtnh,
1872, to Pennsylvania Railroad for .33 years.
The
coupons due October. 1874. were purchased by Penn-
sylvania Railroad.
6.S1.
Coliimbxui dt Xenlo.— This road Is leased to the Lit.Miami Co.. and both roads for 99 years to Pittstl
St. Louis Co.; the lease is guaranteed
buTL' t'inn.
Stock
tecs second mortgage.
In default, April, 18r5.
(V. *>,
p. .33 1,476.500, 570.)
Danvi'le Vrbi<ia, B'oominglon <ft ftlin.— This is
a part of the Indianapolis Blfiominyton A Western,
now
in default.
Sec
I.
B.
* W.
To
(V. 20, p. 49(1.)
be sold in foreclosnre,
<t St. Paul.—
March -2, 1876. (V. SO, p. 61, 313, 593; V. 21, p. 411,
570. 612; V. 22, p. 87.)
Comx>ri <* /*r^»nou«A.— leased lo Concord RR.
at $85,000 per year.
Connecticut d. Paesvmpsie.—ABa\M\ reriort to
June, 1875, ebowed net eamingi tot year ta»6,S7S,
Dayton <t JfieAi^on.— I.e«sed In perpetnlty to C! jdnnatl, Hamilton A Dayton for annual interest on
bonds. Dividends of 3^ per year are guaraniend by
C. H. A D. on common etock. (V. 21, p. 63.>
1874-.-),
$310.9(M.
Davenport
—
.
.
.
railboj*^;,
xriii
stocks and bonds.
gnb»erlfcer» will confer a grea»^ tlivor by kItIdk
Immadlate notice of any error discovered these In Tables.
Bonds— PtiiuA
INTEREST OR DIVIDENDS.
DESCRIPTION.
MUes
?SK!Tr,t 7'^J^i-l8t M., guar. L. M.
& C. 4 X
36
P. W. & B
Lackawanna <4 Weslerii—Stod
2d mortgage (Delaware, Lackawanna & Western)
Bonds (convertible June 1, 1875 to '77)
.Laokawauua & Bloomsb., Ist mort. (extension)..
do
2d mortgage
do
Denver Facifle—lut mortgage, gold, laud grant.
.
.
Denver if Rio Grande— l»t mort., gold, Biiik. fd
De* Moines it Fort Dodge— l»t mortgage, coupon
<£•
lll.—l&t mort., coup, or reg
Lake Mich.— 1st mortgage
let mortgage, on branches
2d mortgage, on main road
tooia
&,
Lansing, Ist mort., coup.,
may
be reg
do
2d mortgage
do
Milwaukee— \sx mortgage bonds
2d mortgage, April 28, 1856
1st funded coupons, Nov. 15, 1860
2d funded coupons, Nov. 13, 1836
Bonds of June 30, 1866 (conditional)
do
—
Ifelroit it
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 & Pontiac RR.), Jan. 1853.
Bonds of Sept. 1, 1866, (Limit $300,000)
Bonds & mortgage on Detroit real estate^
143
100
43
55
55
—
—
JBast
Pennsylvania
S.
58
270
242
—Stock
mortgage
Eastern Shore, (Md .)— Ist mortgage, convertible.
2d mortgage, convertible
Eastern (.Ma»».)— Stock
Essex RR. bonds, Sept. 1856
Ten Tear Notes due a885, April 1865
Bonds due 1888, March, 1868 to 1869
do
1889, May 1869
Ten Year Notes
ido
130
1866
1856
"36
36
39
39
114
1858
1860
1866
"
1865
68-'69
1869
1872
1873
'73-'74
:
1874
1st
run
Raihtjay Stock, common
Preferred, 7 per cent, stock
Ist mortgage (extended in 1867 to 1897)
2d mortgage, convertible (extended to 1879)
3d mortgage
4th mortgage, convertible
5th raortg.age, convertible
.
—
Delitware. Leased by Philadelphia Wilrainston
Baltimore Railroad for 30 per cent of gross earnings. In 1874-.5 gross earnings were $.')10,094, and
net receipts therefrom, $1.53,028.
A
Delaware Lackawanna tfe Western. — The Lackawanna & Bloomsburg Co. was consolidated with this
and stock of the Delaware, LackWestern i-sued to represent it. The
road in June,
awanna
&
1873.
company's operations consist in large part of coal
mimng and transportation, and no annual report
is issued except the statistics required by the State
qf Pennsylvania. The Morris & Essex Railroad is
leased and some of its bonds guaranteed. From
the last annual report published in Chronicle (V.
81, p. 84), the following comparison is taken:
Gross
Net
Stock and
Earnings.
Earnings.
1874
1873
t.5.347,72.'>
J;8,244.flS;l
J36.5.35,9.')7
6,848,465
3.36!),81S
35,715.789
1W2
4,74<i,67.S
2.709.509
i9,i;3:),545
),.54!),728
3,35 ,4M
4,106,222
1,240,513
18, pp. 582, 607; V. 20, p. f5.)
25,928,768
24,766,650
1871
1870
—(V.
Debt.
1,000
1847
1849
1853
1857
1858
1861
1863
1865
1870
1874
1873
1,000
1,000
1,000
1,000
500
100
100
500 Ac,
100 Ac,
1,000
£200
1,000
1,000
1,000
50
100 Ac.
100 Ac,
i"02
8II3 1862
8II3 1865
When Where
6A7
A J. N. Y., Am. Exch. N. B'k
A J. Dover, Co.'s Office.
A J. Phila.,Girard Nat. Bank
A J. Office P., W. A B. RR.
6
A J. Phil., Fid'lity I.T. A.8.C0
Q.-J.
New York Office.
21s
7
M. A S.
do
do
7
J. A D.
do
do
7
M. A 8.
do
do
do
7
A. A O.
do
M. A N. N. Y.J Bk. of Commerce.
7 g. M. A N. N. Y., Rutten A Bonn.
6
New York.
J. A J
8
J. A J. N. Y., Mercantile Bank,
7
M. A N.
do
do
8
A. A O
Boston, Co.'s office,
8
J. A D
do
do
8
F. A A.
do
do
8
J. A J.
do
do
8
M. A N.
do
do
7
M. A N. N. Y.,M.K. Je«up,P. A Co.
8
M. A N
do
do
7
do
do
J. A J
7
M. AN.
do
do
6 A 7 J. A J. New York A Detroit.
6g. M. A N New York A London.
7
M. A N N.Y.,M.K.Je8up,P.A Co,
7
A. A O.
do
do
8
F. A A
do
do
7
J. A J.
do
do
7
M. A 8.
do
do
10
Various
Detroit office.
3
A. A O. N.Y.,M.K.Jesup,P.A Co
7
do
J. A J
do
7
J. A J
do
do
7
J. A J N.Y.,M.K.Je«np,P.A Co.
A. A O.
do
do
7
J. A D. N.Y., N.Y. Cent. A Hud
J. A J. N.Y,, Brown Bros. A Co.
3
A. A O. N. Y., R. T. Wilsoii A Co.
7
J. A J. N. Y., Gallatin Nat'l B'k
6
J. A J. N.Y., R.T.Wilson A Co.
6
do
do
J. A J.
6
M. A N.
do
do
3
7
J.
6
J.
M.
6
A.
3
J.
J.
6
A.
M.
M.
M.
6
7
7
2I3
3>a
7
g.
1!^
;16
to Illinois Cen-
',
Cedar Rapids,
$117,107— $5,80 below
Dubuque Southwestern— TFBi\ey
la.— Gross earnings,
1874,
to
1873.
* Pittsburg.— k consoliStock, $1,300,000. Road leased
and bonds mostly held by New York Central A
dation, Dec.
1,
Valley
Hudson.
Duehtss
db
—
Denver & Rio Grande. This is the principal narrow-guage road (three feet) in the L nited States.
The whole line as projected is 8 5 miles. Earnings
so far have been good.
Columbia.— In foreclosure.
East Tertneesee Virginia
<ft
Georgia.
(V. 20,
—
Gross earn-
ings year ending' June 30, 1875, were $1,059,986; expenses, tHi.ifi'; and net earnings, $7n,.522. Annual
report, V. 21, p.
i75.
Fort Dodge.— Tii'ii is part of the
Vi-~ ?.I',,in''s Valley, reorganized after r.Teclosnre.
Coupons of Jan., l"S7fi, funded. (V. 21, p. 488.)
Pennsylvania.— hemeA to Philadelphia A
Reading i>t 7 per cent on stock and bonds. Dividends are 6 per cent per annnm.
Detroit Wei Siver db lUinois.
port, Ind. Opened in 1878.
Basttm flaonj.— Formerly leased, but now operated on owB account since December, 1869. Latest
Ves Moines
dk
—Butler
to
Logans-
O.
J.
J.
O.
8.
N.
S.
N.
N.
J.
J.
O.
J.
N.
S.
8.
O.
D.
J.
D.
S.
8.
D.
Q.-J.
Q.-M.
A
A
J.
O.
June
1,
1,
1,
1,
1,
1,
1,
Various.
Oct. 15, 1876
1883
1894
July, 18 ~
Oct., 18>>:,
Jime, 1900
Jan. 1, 1908
April 1, 1876
July 1, 1900
1880 to 1886
July 1, 1876
May 1, 1886
Ekist
Jan. 18, 1876
A R. office. Mar. 1, 1888
Girard Nat. B'k. Jan. 1, 1880
Apl. 1, 1886
do
do
July 15, 1873
Boston, Co.'s Office.
Sept., 1876
do
do
April, 1885
do
do
Mar., 1888
do
do
May, 1889
do
do
1882
do
do
1892
do
do
London, Baring Bros. Mar. 1, 1893
New York AgeHcy.
Nov. 1, 1884
Nov., 1875
Phila., Penn. E. R. Co.
do
Jan., 1876
do
Phila., Penn. Life Ins.Co. Jan. 1, 1880
Phila., Penn. R. R. Co.
Oct. 1, 28 C2
Oct. 1, 1''73
N. Y., Co.'s office.
Oct. 1, 1873
do
do
Mav 1, 1897
do
do
Sept. 1, 1879
do
do
Mar. 1, 1883
do
do
do
do
Oct. 1, 1880
June 1, 1889
do
do
July 1, 1891
uo
do
Jan.. 1893
do
do
London.
Sept. 1, 1875
New York and Loudon. Sept. 1, 1920
Mar. 2, 1894
London.
Jan. 1, 1903
do
Dec. 10, 1875
N. Y., Union Trust Co.
do
do
Jan. 1, 1882
do
do
April!, 1890
i
Coupons
report V. 30, p. 693.
due.
for
$216 000 over
New
Eastern (Mass.). —Leases Eastern in
Hamp
Leases Portland S8C(
shire, with stock of $492,.500.
Company embarras
P., at 10 per cent on stock.
sed 1875 ; full statement of directors V. -il, p 347
Annual report, V.21. p. 569; V. 22, p. ISn. Fund
ing proposal V. 21, p. 612. (V. 20, p. 177, 242 : V. 21
p. .323, 347, 5)5, 669. 612; V. 28, p. 43, 61, 87, 135
158.)
A
Elmym & HWMm*port.— Leased
em
Qehtral for 999 years.
in 18"3 to North
to $165,311
Rent amounts
peryear.
Erie.
\
—Mr.
H.
J. .Tewett,
receiver
26.
the president, was ap
May
The old funded debt
relatively very smnll, the first five mortgages
being only about $13,000,000. Interest on the firtl
Foreclosure suits wert
four mortgages is paid.
commenced under the fifth and consolidated mort
are
pending
m
the
N. Y. Sniireme Court
and
fages,
n February. 1876, overdue interest on 5th mortgagt
was paid by Maitland, Phelps & (^o. The largct gros:
pointed
18
camirgs ever made were
$20,012,606, in 18?3-3. Thi
following comparison for four years is from thi
company's report to N. Y. State Engineer for th<
years ending Sept. 30
:
1872.
p. IS.)
(V.ao, p. 569.)
1900
1904
1891
Feb.
1888
April
1896
Dec.
1897
Feb.
1893
JiUyl, 1889
May 1, 1880
Nov. 1, 1880
May 15, 1875
Mavis, 1875
May, 1875
July 1, 1886
Nov. 15, 1873
Nov. 15, 1873
AprUl, 1878
Feb. 15, 1886
Jan. 1, 1878
Sept., 1 1886
Jan.
Phila., P.
8.
M.
M.
A.
35 per cent of gross earfiafterwards. In 1874 grotss
earnings were $1,067,592.
Nov.
J. Phila.,
J.
J.
J.
able tirn.OOO per year. Tho Detroit & Pontiac interest has been paid in whole or in par', and it is not
proposed to fund coupons on those or Oakl. & O.
bonds. (V. 19, p. 118, 271,.'ISO; V. 20, p. 842, 311,,/
3.57, 383, 600; V. 21, p 186; V. 22, p. llu.)
CWy.— Leased
A
A
A
A
A
A
A
A
A
A
A
A
7
A
5
A. A
1
3I3
J. A
7
M. A
7
M. A
7
M. A
7
A. A
7
J. A
J. A
7
7
J. A
M. A
7 g. M. A
1^- J. A
7
—
ten years, and
March, 1885
April 15, 1880
May 1, 1899
a" J. PhiIa.,byP. AR. RR.
6g. m.'a's.
Detroit db Milwaukee. This road was operated by
the Great Western of Canada, but defaulted in !87:1.
and negotiations are now pending for settling the
debt. Of the bonds of .lune, 1866, $l,2l8,r00areinthe
hands of the Mi rchants' Bank of Canada, redeem-
first
Jan. 1, 1905
Jan. 1, 1876
Jan. 1, 1880
July, 1876
July 1, 1895
Jan. 20, 1876
March 1,1881
Jime, 1892
4
Detroit Laneing <* Lake Michigan.-Ttie report
18,4 is given briefly in the Chronicle, Vol.
on p. 288. showing gross earnings of $807,697,
net. $31ri,290. Couponson Istmort.paid half in cash
and half in pref. stock; coupons of I. A L. bonds
paid in cash. (V. 18, p. 376; V. 19, p. 876.)
ings
Whom.
J.
J.
J.
J,
J.
3
6
6
20,
Dubuque db Sioux
tral, in 1867, for 30 years, at
Payable, and byl
Payable
ccnt^
f.ir
Dunkirk AlUgh,
—
Denver Paeific. Operated in close connection with
Kansas Pacific. Land grant, 1,100,1100 acres. In
1874 g^'oM earnings were $310,911; net earnings,
$172,(M9; total income was $242,28% and interest
payments, $186,662. Cost of road ahd equipment,
|6,4»4,368.
459
459
convertiljle
Dayton db Western. Leased to Little Miami, and
with that to Pittsburg CHncinnati A St. Louis.
1860
1863
959
Buffalo Branch Bonds
Long Dock Co. mortgage
Sterling bonds, convertible, *1,000,000
Ist consolidated mortgage, gold (tor $30,000,000)
2<1 consolidated mortgage, 5-20, (for $40,000,000)
New bonds (debentures) convertible till 1883
Brie it Pittsburg—Stock
1st mortgage, convertible into consolid. mort
2d mortgage,
1,000
50
50
78
78
78
Preferred stock
—
50
100 Ac,
100 Ac.
100 Ac.
100
i85'6
do sterling, sinking fund
Funding Notes
Blm ira <t lFi7/ia»i«por<—Stock common
BHc
1,000
1,000
1,000
1,000
50-'56
Bonds
to
1,000
1,000
1870
112
112
Ist
100
500
500 Ac.
500
1863
1863
1870
1868
90
Government
mortgage bonds
Income bonds, 999 years
103,266
5,000,000
296,000
586,000
81,500
450,000
3,200,000
2,500,000
1,968,274
2,999,000
730,000
135,000
147,000
190,000
1,3»9,200
495,900
400,000
200,000
4,997,600
194,400
160,000
1,000,000
500,000
3,516,000
1,000,000
3,000,000
2,000,000
500,000
500,000
1,000,000
570,000
78,000,000
8,536,910
2,483,000
2,174,000
4,852,000
3*937,000
709,500
182,600
3,000,000
4,457,714
12,076,000
14,400,000
10,000,000
2,000,000
291,700
92,300
Various
Duhnqxte it Sioux City-—Stock
Ist mortgage, Ist division
Ist mortgage, 2d division (for $1,400,000)
Duttuque Southwestern 1st mort., pref., sink. fd.
Ist mortgage, Oct. 1, 1863
Dunkirk, Allegh. Valley dk Pittsburg 1st mort., gold
Duchess ft Golamhia — Ist mortgage
East Tennessee, Virginia <t Oeorgia—Stock
Ist mortgage sinking fund bonds
East Tenn. & Georgia ($05,000 are endorsed)
do
do
new
East Tennesse and Virginia (endorsed)
2d mortgage to U.
1865
$1,000
$614,000
60
1,388.023
1859
100,000
1856
170,000
llO^a 1875
1,000
650,000
195
50 25,000,000
115 1856 500 &c.
1,633,000
1872
1,000
1,300,000
"c6 1859 100 &c.
398,900
25 1858 100 &c,
417,300
106 1869
1,000
2,457,000
118 1870 500 &c.
3,024,500
87 1874
1,000
2,200,000
94 1871
1,000
2,064,000
94 1873
500,000
164 1871
1,000
3,219,000
23 1872
575,000
1,000
164 1873
1,000
1,359,000
59 1869
1,000
770,000
59 1870
1,000
81,000
190 1855 250 Ac.
2,500,000
1856 500 Ac.
1,000,000
1860 Various
628,525
1863 Various
377,115
1866 500 Ac.
1,702,316
1853 100 &o.
1.50,866
1853 500 &o.
51,000
1851
1,000
150,000
1854
250,000
1,000
1853
1,000
100,000
1866
110,000
1,000
Mortgage bonds, coBvevtihlp, guar.
2d mortgage
Lansing
Outstanding
•
When Due.
Stocks— Ij>
Dividend.
pal.
U>^x
13
'vcate loan
Detroit.
Amount
Par
llOifl
DtUtxcarr,
dt
Size, or
„?'
Koad. Bonds Value.
><a«ro(Ki-Stock
^T.?
p, \.<aftion mortgage
Detroit, Eel Iticer
Date
of
*?::'»«« ">*««
''"''^^'1;rtheh^"^fT^''ir^.5«.'
.«t page of tables.
[February 26, 1878.
1874-5
1878-4
1874-3
1871 a
Gross
Net
Receipts.
$17,677,746
18,698,899
$4,998,616
$6,3.-.1.78
5,ll:K,161
.5,021,0*
.3,42.1,»
20,'i'.2,6n7
18,871,888
Earnings.
6 371,965
5,777,381
Interest,
Rentsls,
&c
2,089,44
1874. was $2,552,303
and Sept. .30, 1875, reported at $1,421,641. V. 20
4.V<.
85.
14«.
477. .'.SI, 570, 5M1
p. 288; V. 80, p. 61.
V. 21, p.3n, 63, ;:17, 159, 186, 207, SHO, 277, 302, 371, 893
158.
441, .591, 612; V. 22, p. 41, 42,
The
floating debt Sept.
.30,
Erie <fc PitoSury.—Leased in perpetuity to th
Pennsylvania Railroad and transferred to Penn. Co.
the terms guarantee 7 per cent per annum on stoci
and debt. Net earnings, 1874, 4388,386. (V. 89, P
425.)
j
I
\
I
..
.
RAILEOAD STOCKS AKD BONDS.
February 26, 1876.]
sreat
Snbaerlber* will conftr
Avar by k>v1b« liameAteta
DE8CKIPTION.
For
:
Miles
of
explanation of column headinKS, Ac., see note"
RuHd.
at the head of flrst i>»»?e of tables.
Erie tt I'Mtburff—{ Oonlinued)—
Consolidated mortgage free of State tax
Eqiii pinont bonds
Date
Size, or
of
Par
Bonds
8II9 1868
1,000
"56
1,600
Land Kiant l»l uiort. (id mort. BanKor to Winn.).
Bantcor A Pisiatai|iil8, BaiiKor loan, lat mortg.
l8t niortK^W. "Idling, on N. BruiiHwlck roiwl
EvaiMit. it Vriiii'fiirtliiv.—liit m., Ev. & III., 8. f
l8t niort.. «inliirig fund (EvansvlUe to Terre H,)..
Rockvllli' extension
KrunriUe, Terre. Haute it OAic.— l8t mort., gold
2d luoitftaKi', gold
.58
Eitrop'ii
y.A
in
Pitchtiurg—SUwk
Bonds, conpons
• - •
—
fiiirid/Kf^'— 1st mort., gold...
2d niorlgagc
Framinfiham if TMwell
aalfe.iliin.
Oiilresliin,
— Ist mortgage bonds
Harrisb.et San Antanio— Ist mort, gold.
Hoiixlmi
,!
(icHcea.
.
it
23
55
55
233
233
60
190
65
1871
35
232
—
lit
iio
110
335
335
335
335
Indiana —.Stock
Orand Trunic {Canada) —Consolidated stock
1,000
1,600
1,000
500 Ac,
500 Ac,
500
1,660
1870
1869
1871
1869
1871
1871
1873
1872
1870
100 Ac.
1870
1873
1,660
1869
1869
1875
1.000
1,000
1,377
£ 10,000,000
stock for
1,000
1,000
500 Ac.
1,000
1,000
100
17
13
10
100
100
109
109
26
82
1873
1.000
1,660
1,000
1,660
1,000
100 Ac.
100
1st pref. bonds, conv. into 1st pref. stock
Prefia-red
.5
per cent, convertible into
1875
common
Debentures
Mortgage bonds, coupon
do
do
do
do
New bonds, coupon
Oreemnlle
Bonds
C'o/u/ii^Mt— Ist mort.,guar.by State
iC
n<»t
.
(Sulf. Wi-.'itern
(for $2,.5OO,0OO)
Texas
li .St.
it
Paciflc^-lat mortgage.
—Common stock
...
.Joseph
Preferred stock
Missouri State loan
Laud grant mortgage
Bonds 1870, convertible
143
143
69
275
275
,
2d mortgage
Bonds of 1869
Bonds of 1873
—
Defaulted in
European <fc North American.
1875.
A very complete statement of debt, includIntering bonds pledged for loans, in V. '.Jl, p. 81.^.
est is paid on Ist mortgage and Bangor A P. (V. 20,
p. 615; V. 21, p. 15, ill, 315, 3i8, 3!)5, 418.)
Evansville <6
CrawfordscUle
—Common
stock
is
«•, 0*4,400; preferred, $100,000. Net earnings 1S74-5,
$.41,426. The company has paid interest regularly,
no dividends. (V. 21, p.
8.)
bm
48
tvanei'Ule, Terre Hrmte <t Chicago.— In 1874-5 net
eaiTings were $114,089. (V. 21, p. 136.)
FAchb'trg.
—Leases
Vermont
&
$1,083,93,5; operating expenses, $688,995; net earnTotal land sales to Jan. 1, 1876
ings. $394,990.
$9,115,'i65, or $8 06 per acre.
Bills receivable on
land sales Jan. 1, 1875, were $417,864. Conpors on
consol. bonds passed Nov., 1875. (V. 30, p. 4X8,
503; V. 21, p. 4gS, 534.)
Flushing, Northshare <t Central.— A. consolidation
In 1874 of seven companies. Leases Sonthem of L.
1.
There are. in addition to above, 125.<)00 N. Y.
& Flushing BR. "s; $!49,ufl0 North ShoroTs; and
$8*^000 Whitestone A Westchester 78. Gross earnings, 1873 4, $365, '37; expenses, interestand rentals,
$556,314.
7g.
!«•
7
"8'
7
8
10
10
10
8
8
7
7
7
7
7
fit.
8
8
I'7
eg.
!«•
7
7g.
8g.
7
g-
1,000
50
1853
566AC.
100
100
1,386,000
9,167,700
5,087,224
3,000,000
219,000
4,000,000
500,000
1,200,000
1,182,550
700,000
481,000
820,000
1,180,000
100,000
100,000
150,000
g.
1>4
2»3
513
513
7
GioversviUe.
J.
6
7
OalvesUm, Houston
&
7
6
Georgia Railroad <t Banking Compani/.—The annnal report for the last fiscal year, ending April 1,
157. A comisr.5, was published in V. 21, p.
parative statement for three years was as follows
187»-4
1874-5.
$1,.571,785
$1,281,907
826,097
485,809
Operat'g expenses.
684,3:M
Net earnings
3.38,000
336,000
Div. onBtk's8p. c.
Central Georgia,
with
the
this
company,
In May, 1875,
purchased at forecloifure sale the Western Railroad
-'47;
of Alabama. (V. 19, p.
V. 21, p. 395.)
976,830
646,686
88^,4.')6
1877
1920
Perpetual.
Irredeemable.
Irredeemable.
Irredeemable,
1873
1873
1871
July, 1876
Oct., 1877
Oct., 1878
Dec, 1890
1881 to 1886
Oct.,
Oct.,
.Tuly,
Jan.
J.
A
J.
Geneva, Ithaca <* Athens. —Consolidation in 1874 of
Geneva & Ithaca .-.nd Ithaca & Athens. In Receiver's
hands, April, 1875. (V. 17, p. 835; V. 20, p. 357.)
18T»-8
J.
6
"2
April,
Jan.,
1,
1908
Aug.i'isTO
7
10
Henderson.— Titi earnings
Tot. gr.earng's... $1,623,456
A
A. A
M.A
F. A
J. A
J. &
J. A
8
8
1874, $256,.W5.
N. Y., Bit. No. America,
do
do
do
do
do
do
do
do
Phila. Co.'s Office,
,
do
A
Q—J.
F.
A
do
Hartford,
Am. Nat.
Bridgeport
A. Bridgeport
do
B'k.
A Boston.
1884-1887
April 1, 1881
Mar., 1885
Jan.,
Jan.,
Jan.
July
Jan.
1,
1,
1,
1892
1892
1876
1883
1876
Jan. 10, 1876
and Boston
do
1885
1889
1883
and appurtenances. No. 4,001 to 8,000. Coupons April and October. Annual report, V. SI, p.
line
610.
(V. 21, p. 110, 534.)
Grand Trtink (Conixto).—These
figures represent
pounds sterling. Gross earnings in half year ending
Julyl, 1875, £898,148; expenses, £717,743; net earnings, £175,405. Consolidated debenture stock a«thbrizcd July 9, 1874. (V. 17, p 459; V. 19, p. 169,
351, 422, 503; V. 20, p. 669; V. 21, p. 440.)
Great Western (<7a«<Kio).—These flgcrss are given
Company leases several roads in
in pounds sterling.
Canada, amounting to 1S6X miles, and the Detroit
& Milwaukee. 189 miles. For the half year ending
July 31, 1875, th« gross receipts were £411.188;
working expenses, £39,3,793; net earnings, £17,SM.
( V, 20, p. 569, V. 21, p. 4M, S40.)
Greenville <f CWKmW<».— This company defaalted
several years since, but compromised witn its bondholders.
(See Chronicle, V. 16, p. WO; V. 17, p.
460, 752;
V.
20, p.
668;
V.
22, p. 110.)
Oilman, Clinton <f Springfleld.-Thit company
defaulted in 1874, and is now in receiver's hands.
(V. 19, p. 143, 898, 58.3; V. 20, p. 404, 570, 615; V. 21,
Gulf. Western Texas <S Pod.*:.— Net earnings,
1874-6, $50,000. Overdue coupons, $212,560. Bondholders wait. (V. 20, p. 428.)
p. 39, 63, 110.)
Hannibal <t St. Joseph.— Ot the Missouri State loan
$1,600,000 was extended for 20 years. It Is staled
that the Co. has $2.5flO.r0O in land notes, and 90,(XH>
acres yet unsold. .\ change in the directors took
? lace Nov., 187.5. No report has been issued since
872. (V. 51, p. 442, 488; V. 22. p. 158.)
Harristnira, Portsmouth, ItomUJoy <* Laneattsr
Leased to Pennsylvania Railroad, which owns a
majority of the stock.
Grand Rapids it Indiana. —An official description
of bonds was given when they were put on
the call of the New York York Stock Ex'
187i-3, $4.5,957.
—
Columbia, Co.'s Office,
do
do
"7'
ch'mge, in January, 1876, as follows: $4,000,000
Guaranteed Bonds." Principsl and interest
are
guaranteed by the Pennsylvania Railroad ComSanv, and are also a lien upon the land grant.
Fort
$.!,020,fl00 are
Un..niaranteed
to 4.0 0.
[o." 1
tee 40 per cent from Michigan Central. Interest was
which are secured by
the
same
passed January, 1874. Gross earningo, >fir4, $282,8^2; Bonds."
bonds
guaranteed
on the en
as
the
mortgage
,-.91
net, $127,309.
(V 19, p. 365; V. 20, p.
.)
f'.iS'J.OOO are
Ex. Ij»nd Grant
tire laiid grant.
Fort Waiine, Muncie tfe Cincinnati. Receiver Bonds," being a part of the orignal $1,000,100 nnappointed November, 1874. (V. 19, ]). 502. 528, 583; gnsranteed bonds, which have from time to time
V. 20, p. 18rt.)
been redeemed by the operations of the sinking
Framingham <ft Lowdl. -Leased to Boston, Clin- fund. When the land certiflcate Is detached they
ton A Fitcbbnrg; has also $150,000 8 per cent bonds. are no longer a lien on the land, bat, by the terms of
the tmst £ed, remain a first mortgage on the whole
(V. 16, p. 188.)
— Net earnings
Wai/nt, Jackson it Soyinow. — Traffic guaran&
A J. I/)ndon, Co.'s Office.
A O. London, at Co.'s Oflflce,
do
do
A J.
do
do
A A.
do
do
A J.
do
do
A J.
do
do
A J.
AC. London A Montreal,
do
do
A O
A J. London Joint Stock B'k,
do
do
A J.
do
do
A O,
do
do
A O.
do
A D.
do
Various.
Oalvestan, Harrislmrg <t San Antonio.— \n progress. Net eamhiga 1872-3, $182,364.
(V. 20, p. 382.)
Forvla. Johnsioion
'.
5«-
6
1867
Massachusetts.
Net (arninas 1874~.5, $.391,021; dividends, 8 percent
for some years. (V. 21, p. 39, 590.)
Flint it Fere MarqiieUe.—Q'mfs earnings 1871,
7
7
485,000
62,000
1,000,000
1,413,571
632,237
1869
1873
».
g.
7
5
6
100
100
120
120
74
Preferred stock
7
6
1,998,275
127,000
V arions
26Ja 1853
—Stock
OA
5
15
53
54
54
A.
J.
100
3,711,.500
£2013 £4,459,309
288,883
1863
1870
&
A J. N.Y., Union Tmst Co. July 1. 1898
do
do
A O.
Oct. 1, 1890
Boston.
Jan. 1, 18W
A J.
New York.
Mar. 1, 1890
M. A .8
A. A O. Boston, Second N. Bank A|>rll 1, 1899
London.
July 1, 1897
J. A J.
A J. N.y.,Farm,L'au A T.Co. Jan. 1, 1887
do
Wot. 1, 1887
do
M. A N.
do
do
An*.
1880
F. A A.
M. AN. N.Y.,Fann.L'an A T.Co. May 1, 1900
do
do
J. A J,
Boston Office,
Jan. 1, 1876
J, A J.
do
AprUl, 1894
A. A O.
May. 1902
M. AN. N.Y., Merch'nU'Ex.B'k.
J. A J. N. Y., Mechan. Nat. B'k. Jan. 1, 1887
do
do
Sept. 1, 1888
M.A 8.
do
do
Hay 1, 1888
M. A N.
J. A J Newark, N. J., Sav. Ins. July 1, 1882
Sept. 1, 1887
New York.
M. A 8.
do
Jan. X, 1876
J. A J
J. A J N. Y., Mech., Nat. Bank. Jan. 1, 1901
M.A S. N. Y., Market Nat. B'k. Hay 1, 1889
do
do
M. A B.
do
do
M. A 8.
do
du
M.A 8
Nich. Nat. BTi. July 1, 1900
J. A J. N. Y.,
J. A J. N. Y.,' Farm's. L.A T. Co. July 1, 1889
do
do
Oct., 1881
A. A O.
Boston, OfBce.
A. A O.
Oct., 1889
do
A. A O.
April, 1806
1891
1910
Host. A London.
A A.i
J. A J.|N. Y.,F. P.Jame* ACo. July 1, 1902
J. A J. N. Y., Metrop. Nat. B'k, July 1, 1890
July 15, 1875
J. A J.'Angn8ta,Ga.,RR. Bank
do
do
yearly to 1890
J. A J.'
Sept., 1900
M. A 8. New York and London.
Jan., 1892
J. A J.
1899
J. A J. N.Y.,Win«low,L.ACo.
1809
do
do
A. A O.
J.
7
1876
1853-7
Palmyra BR).
Ist mortgage ((Suincy
1st mortgage (Kansas City & Cam. RB.)_.
it ianc.—Stock
Joy
Harris!). Portsm'lh, Mt.
1st mortgage
Hurt/., I'rov. it- FisMcillr—lat mort. (R. I.)
Hottsatonie
£3,425,124
7,500,000
221,190
500.000
500,000
1,200,000
3,218,149
2,327.808
7,166,910
£100
£100
£100
£100
guaranteed
New mortgage
Hahniliiil
652%
:...
7
iioeilw-Last
Dividend.
(1)
£25
£100
Mortgage to Bank of Up. Canada on siirplos lands
Eiiuipment mort., Ist on all rolling stock
do
do
do
2d
Postal bonds, &c., secured by gov't business...
do
do
do
2d
2d
conv
3d
do
Canadian debentures (£8,000,000)
Oreat Western ( Canada) —Common stock
2,198,000
880,000
1,000,000
2,000,000
814,000
2,000,000
301,000
616,000
147,000
775,000
325,000
4,000,000
500,000
3,298,200
2,425,000
35,000
2,152,000
400,600
100,000
75,000
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
545,000
2,000,000
1,000,000
2,800,000
4,000,000
4,000,000
100
1872
1866
1868
1868
1867
&»«<(•— Priad-
INTEREST OR DIVIDElfDe.
Amount
500 Ac.
£200
94
.50
s. f.,
1st mort., lanil grant, gold (guar, by Pa. RR>
1st mort., laud grant, gold, not guaranteed
Income mortgage bonds, for $10,000,000
New
1854
1860
1870
1873
gold
-1st mort.,
Hanking Co. Stoek
Bonds, nM mortgage
Oilman. Clinton d- SprinfffleM—litmoTt., gold
2d mortgage, gold
Grand liapids
109
Hind, o/ 1871— Ist mort
Illini-ri ,( .I^A<'yi.«
Qeorf/iit lidilriiiiil
18.52
1874
Construction bonds
Holly, Wa^ nc A Monroe, Ist mort., sinking fund.
Flimhini/, Nnrthshore it Vent.— let mort. (Fl. A N. 8.)
2d mortgage (Fl. & N. S.)
Central of L. 1., Ist mortgage
do
do Extension 1st mortgage
Fonda. .Tuhn^town. it fHorersrille Ist mortgage
Fort Waiiiie. .Utrkmni it- .sVf,//»//)c— Ist mort., coup...
2d mort. iuid ciiniiinicMif hiiiiils, coupon
it
,51
authorized)
(i)!l,0«),0O<)
Flint 1* /Vic .l/«r</i»7/(>— Stock
Cousolidiitod mortjtaKP. sinking fund
let m. on viOni., 2d on 40; I. gr. 1,53.600 ac., 2d d.
let mort., lanil grant :t.'>S.OO0 nuros, 3d dlv
Flint A IIollv RR. (slnk'g fund $2,5,000 per year)
Bay City, E. yastinaw, Ist mort., guar by lessees.
Bay Ooiinly. Issued In aid, guar by Icssoes
Fort Waijnr. Mmiile
49
88
1869
18«9
1869
18«7
aotle* •( mar arror «la««Ter«4 la thca* Tabloa.
Bate per Wben Where Parable, aoA hj
Outstanding Cent.
Payable
WDom.
Value.
.— Ist M.. Bang'r to Wlnn.,Bang'r rn
.«
six
'*
'
'
—
*
Fl»hltlU.—ThiB rosd forms
Hartford, Provtdenee
a part of the proposed line of the Boston, Hartford
& Erie. The bonds fell doe Jan.. 1876, bat city of
Providence declined psyment and snit is pending.
(V. 22, p. 87.)
Hmtsatonic-henet^ B.'rk8hire Railroad, StockGross
Pitisfteld. and West Stockbriilge.
bridge
earnings in 1874-5 were $6«!,009; net, $135,740. The
mort. bonds due 1877 paid off Nov., '75,
A
. ..
RAILBOAD STOCKS AND BONDS.
xs
wUl
Subscribers
confer
[February 26, 1876.
great lavor by giving Immediate notlc;e of anr error discovered In these Tables.
a.
INTEREST OR DIVIDENDS.
DESCRIPTION.
jBoHrfs— Princi-
Miles Date
Size or
Amount
For explauatlon of coluiiiu faeadiiiKH, &v., see notes
of
par
When Where Payable and by
of
Outstanding Rate per
at the head of first page ot tables.
Road. Bonds Value.
Cent.
Pay'ble
Whom.
Bouslon a Texas Central— 1»t ill., sold, l.gr.,K.f
l8t inort., N'west div. (Breinourt to Wacoi
47
508
58
58
58
. .
2d iuortg.age
3d mortgage .consolidated
Sci'ip for past due coupons
Illinois Ce>i/r«/— Stock
Redemption, Ist aud 'Jd series
General mortgage
1866 |$1,000
1,000
1870
1,000
1872
500
1854
500
1857
1865
1,000
401
Consol. nioit., 1. Rr. (coupon, but may be rcg'd)
Bunlmgdmi d: Jiroad Top— Ist moii., gold
1851
1864
1875
1874
1871
1869
1870
1872
707
$15,000,000)
eteiling bonds, sinking fund
Indiiina a- Illinois OeB/ra/— 1st mort., gold
Indianapolis, iUooniinglon d-. ^Yest. let rnort., gold.
(for
251
202
202
217
—
2d mortgage
Ind., Bloom., «fe W., Extension, 1st mort.,gold
Indianapolis, Cincinnati <t- Xo/aj/eWe—Stock
Preferred stock (issued for funded debt bonds)
Indianapolis it Cincinnati ot 18.58
Indianapolis, Cincinnati ic Lafayette
1875
1858
1867
1869
1873
1873
1862
1867
1869
1870
1871
.
.
90
154
174
do
do
do
Fundtd interest bonds, coupon
Eqiu^ment bonds, registered
Cincinnati & Indiana, 1st mortgage
2d mortgage, gua rantced
20
20
Indianapolis <fi *S7 _Lff«i«— 1st mort., in 3 series
2d luortgage
E<juipment bonds
Induinapolis <t Yincennes— 1st mortgage, guar
2d mortgage, guaranteed
.Xnternalional <£ (Jreat Northern Consol. stock
International. 1st luortgage, gold
Houston & Great Northern, 1st mortgage, gold...
Convertible and second mort., (coup, may be reg.)
Jowa halls <t Sioux Oity—lnlvaon., April 1,'69
Iron Mountain, Chester it ii'.— 1st mortgage, gold.
Jacksonf., i'eos.rf Jl/o6.— Florida .State bonds, gold..
Jefferson (Fa.)— iRt &. 2d morts. (Hawlcy Branch).
1st mortgage (Susciuelianna to Carbmidale)
Jeff'ersonvule, Madison A Indianujmlis—Stovk
Indianapolis & Madison, 1st luortgage
71
71
il7
117
459
100
350
—
is-i
1st luortgage. Council Bluffs & St Joseph...
Joseph* Council Bluffs, 1st mortgage...
9
38
226
86
159
159
1862
1866
1870
1873
1872
38
12
44
.
.
1.000
1,000
1,000
1,000
1,000
50
100
500 &c.
1,000
1,000
1,000
1,000
265
52
78
78
130
262
.
_ „
5^
.
1,000
1,000
100
500 &c
1,000
1,000
1,000
1,000
500
'.
Lake Krie d Louistllle— 1st mort. ($1,100,000)
50
Shore d- Michigan Southern—Utoak
1181
Guaranteed 10 per cent stock
Consolidated 1st mortgage, sinking fund, coupon,
864
do
do
do
registered
864
1872
1,600
Jbalce
Houston
Texas CeiUral.
—Gross
earnings in 1874
$l,'.i6<,754.
Capital.
built a large part of its
line out of net oaniing.s, and subsequeiuly distributed a large amount of stock. (V. 17, n. 77; V. 20,
p. 77, 140.)
Huntingdon, <fc
Top. Capital stock is $1,998,S50. Gross earnings in 1874 were jiaS4,7iO; net,
$100,379. Interest passed on :W morlgage bonds.
lUlnois Cent'cU.—'Set revenue in 1874 was $2,775,(fc
net eaniings,
company
,
Bmad
:ir>-i
on the road and
company guarantee
from lands
The
bonds of N. 0.; also
t.3l)7.-.5G
$i.O(X).Oaii
hold 84.842.000 of
their 7s gold against I. C. 5s
in proportion
small as compared with most other
companies. The mansgemcnt of the roa-l has been
one of *the best in the conntrv. and its land grant
highly profilable. The direct line to New Orleans
formed in 1873-4 has not bOLMi long enough in operation to show its full effects upon the company's
receipts. In 1874 dividends vine reduced to 8 per
cent. The following is a comjiarison for four years
above mentioned.
to stocky
The bonded debt
is still
*'
Gross
Year.
1S?4
Net
Earnings.
t7.W0.f21
1873.
'
8,26,S,325
1872
1871
Interest,
Earnings.
&c.
$2,r75,.?fi2
2,5,M,8i)0
2.10i,l()7
$413,610
55S,437
8,026,751
8,401.142
2 732.847
^Last annual report, v. 20. p.
V. 21, p. 48H; V. 22, p. 16.)
p. til
.5.57,42,)
140,288
573,182
see also
;
Indiana
April
catur
*, Illinois C««iM;.— This road was
26. 1876. and re-org»nizcd as Springfield
ifc
Indianapolis.
(V.
2il,
p. 162, 42),
sold
De-
521: V. 21
p. 40.)
Indianapolis, Btoominglon ,(: Ifes/ei'n— Default was
mude July. 1874, and affairs are yet unsettled.
Receiver's certificates issued to Aug. !', '75, $20'j,00;>.
The Danville, Urbana, Blooi-nington & Pekin is part
of this road. Plan of re-organizatiou. V. 2.', p. IIO.
P/ol. 20, p. 61. W5; V. 21, p. 245, 277, 348, .S9); V.
22. p 16, 61, 110.1
Iii'lianaijotli, CuKlnntiti & Lafayette.— The com
pauy was re-organizod in June, 1873, and has since
been doing a good business. The last annual report
first
A-c,
1,000
1,000
1871-2
—
—
t:l,166,3(i6;
The
$6,500,001).
100
,
1866
1867
1869
1868
1870
1873
100
100
1870
1870
5
1,000
1,000
g.
7g.
7
10
7
7
7
7
8
7
6
1,497,000
2,000,000
1,000,000
5,500,000
3,264,000
3,987,000
4,172,000
2,960,000
660,000
4,000,000
300,000
2,000,000
2,000,000
397,000
2,474,000
2,000,000
'"7g.
7g.
8
7
I'7
7
•
1\
7
7
7
7g.
7
300,000
8
800,000
6
500,000
6
300,000
2,789,413
7'
500,000
10
1,400,000
8
539,500
2,500,000 7 & 7 g.
8
887,000
8
948,000
10
305,000
10,000,000
7'g.
6,411,000
2,240,000
•! g.
•ig4,003,000
6
6,303,000
600,000
7
133,000
7
4,275,3,50
7.
1,722,250
7 g,500,000
1,125,000
600,000
1
400,000
844,000
237,000
2,300,000
258,720
2,395,000
8
leased
is
to
—
20, p. 186. 2^1, 313, 383.)
Iowa Falls c£ Sioux ftdy.—Leased to Illinois Central at 35 per cent, on earnings.
Dividend 2J^ per
cent. Jan. 1, 1876, on $1,62,5,000 stock.
Iwn Mountain, Chester <fe Eastern.— This was formerly the Chester
Tamaroa. Bonds are in default since 1873. and a receiver has been appointed.
(Vol. 19, p. 520.)
,/ack.mnoilte. Peiisacola <S Mobile.— ThU road Is
mortgaged for a like amount of Florida State bonds.
Indefanit and litigjtion. (V. 19, p. 629; V. 21, p. 51)1;
&
22, p. 1.58.)
Ji?^isr«on.— Leased to the Erie Railway I'ompany,
piiys interest on the bonds. (V. 14, p. 628.)
JeffersonvUle, Moflisof ife Indianapolis. Leased in
1871 to Pittsburgh, Cinciiinatl
St Louis Railroad
for interest and sinking fund of bonds and 7 per
cent, a vear on stock.
l,ea.se transferred December,
1872, to Pennsylvania Company,
la 1874, net earnings, S519,oro
(V. 20. p. 426.)
hrseij
Citii tt
was stopped
Albany.
— Road was
—
in progress
but
in panic of 1873.
Bondholders held
(V. 19. p. 365; V. 21, p. 613.1
Jollel
Northern, //loiiarea.— Mich. Central offered
to extend with a 6 per cent, bond, bat court decided
&
Oct.toJ'ne,74-5
M.
ifi
tJ
International rf; Great NortMrn ( Texas). This is a
consolidation of the International and the Houston
Great Northern. Full report V. 18, p. 619. Interest
ftassed and funding proposed. 'The company had an
ssue of Texas bonds granted it, but the grant was
repealed and land given instead. (Vol. 19, p. 17; V.
off.
I/.
At,
I).
<fe
0.
&
&
Pennsylvania Compauy at 30 per cent of gross earnings, but rental guaranteed to be $i06.000 per annum.
Gross earnings in 1874 were $274,595; net, $83,207.
&
Feb. 1, 1895
April 1, 1895
do
do
do
Feb. 1, 1876
Office.
April 1, 1890
Office.
L<mdon.
1895
O. London, Morton R.& Co April 1, 1901
July 1, 1903
N. Y. or London.
J.
Oct., 1909
O. N. Y.,Tiuner Brothers,
do
do
Oct.. 1890
J.
1912
do
do
J.
F.
A.
F. .t A.
J.
J.
p. .395.)
which
1891
N. Y., Co. '8
N. Y., Co.'s
do
New
A. &"o.
Gross earnings, 1874-75,
(V. 80, p. 162. 357; V. 21,
465)
Indianapoli. eft St. io«>.».— 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 llautc. (V. 21,
V.
do
do
do
O.
1,
1, 1903
1, 1912
1, 18901
& O. N. Y., Amer. Ex. Bank, April, 1888
do
Feb., 1897
do
& A.
June, 1899
do
do
& D.
do
Sept. '78,'80,'83
do
M. & S.
do
do
Sept. 1, 1883
M. & S.
Dec., 1892
do
do
J. & D.
Jan. '77, '82, '8T
do
do
J. & J.
July
1, 1919
N.
Y.,
Winslow,
L.
Various
&Co.
Oct, 1, 1900
do
do
A. & O.
July
1, 1881
do
do
J. & J.
1908
F. & A N. Y., Farm. L. & T. Co.
1900
do
M. & N.
do
& O N. Y., National City B'k April 1, 1911
do
Jan. 1, 190O
do
& J
do
Aug. 1, 1892
do
& A,
& O. N. Y., Nat. Park Bank. April 1, 1899
May, 1901
& N.
1900
New York.
& J.
1887
& 1889
& J. Hoiiesdale Nat. Bank.
& J. N. Y., by Erie Railroad. Jan. 1, 1889
— F. N. Y., Fai-m. L. & T. Co Feb. 1, 1876
do
May 1. 1881
do
& N.
do
Oct. 1, 1906
do
& O.
July 1, 1910
do
do
& J.
1913
& J.
New York.
May 1, 1912
& N.
& J. N. Y.. Fann. & T. Co, July 1, 1874
& J. Philadelphia Office. July 1, 1882
April 1, 1900
do
do
& O.
J. & J. New York and Boston. Jan. 1, 1880
do
Sept. 1, 1892
do
M. & 8.
do
June 1, 1874
do
J. & D.
F. & A. N. Y., Farm. L. & T. Co. Aug. 1, 1893
Sept. 1. 1890
do
do
M. & 8.
Feb. 1, 1898
Boston.
F. & A.
A,
1 ,092,000
49,466,500
533,500
1,709,000
4,418,000
426.)
J.
J.
<fe
&
ii
&
&
Oct.
Oct.
Philadelphia, Office.
O.
A.
July
July
& N. N. Y., Loud. & Frankf't. May 1. 1899
F. .k A. N. Y., Bk of Commerce. Aug. 1, 1895
June 1, 1896
do
do
J. & D.
1895 to '97
by transportation.
Payable
M. & N. N. Y., Bk of Commerce. Jan. 1, 1896
Mar. 1, 1876
do
do
M. & S.
do
Julv 1, 1916
do
M. & S.
J. it J. N. Y., I>ond. & Frankf't. July 1, 1880
Sept., 1886
New York.
7g. M. & S.
7 g. A. it O. New York & Frankfort. Ajuil 1, 1903
New York.
April 1, 1903
7g. A. * 0.
6
J. * J. Phila., Corn E.\cli. Bank Jan. 1, 1889
M & S. N. Y., Bank of America. March, 1883
7
do
June, 1885
do
7
J.
1904
New York Office.
A. * 0.
7
p. 207, 277,
(V. 20,p.
&
Bank
do
do
do
do
F.
469,100
375,000
500,000
7ln««nM«.— Road
N. Y., Nat'l. City
A.
in V. 21, p. 4«1
$1,767,231; net, $670,080
<ft
&
J.
J.
J,
When Due^
Stocks— l^ast
Dividend.
J.
was
Indianapolis
A.
J.
A.
2.50,000
50
673
245 1869
1,000
1865
140
1,000
253 1866
1,000
394 1865-7
34 1866
l',()00
1866
1,000
427 1866 1 00 &c
1870 2.50 &c
1871
1,W)0
1,000
56% 1873
33 12 1873
1,000
34 1869 500 &c,
99 1853
1,000
99 1855
1,000
162 1874 100 &c,
1874 100 &c.
Ist mort., coup., (Leaveuworth Branch)
Imul gi-. mort. (Duraut), coup., on 1,000,000 acres
Income bonds, coupon, 3d mortgage on 427 miles.
1st land b'ds, cp, or reg., gold, on 2,000,000 acres
2d land mort., do
do
do
Arkansas Valley. 1st mortgage, gold, guaranteed
June. C. & Fort K., 1st mort., gold, laud gr., guar
Kent Count!/, (Md.) 1st mortgalge bonds
Kentucky Central 2d mortgage
were
<&c,
A.
7
1,4,50,000
A.
?«• A.
I'7g.
500,000
1,700,000
&
&
F. &"a.
O.
<fe O.
4
6
1,.5(K),000
1,000
500
6&7
5,668,967
1,200,000
1 ,600,000
2,800,000
1,701,000
500 &c
1,600
1,000
1,000
J.
J.
I'- J. &
7g. A. &
?«• F. &
5,.5O0,0O0
150 &c.
500 &c.
1,000
1,000
1,000
4I2
do
do
[^.~
convertible
Missouri Valley. 1st mort. ($1,000,000 gold) f a^
Kansas City, St. Jo. & C. Bl., consol. mort.
5 "^
New cousolidaf crt mortgage (for $8,000,000) J QS
Three year notes
Kansas jPac/Z/c— Stock
1st M., 394th to G3i)th mile, I'd gr., 3,000,000 acV
1st mort., gold, coup., on 140 miles west Mo. Kiv.
1st mort., gold. 1 40th to 3!)3d mile
2d mort (to U. 8. Gov.) on 394m. west Mo. River.
3d mortgage
Keokuk d: Des Moines — 1st mortgage
Funded interest bonds
Knox d: Lincoln— lit mortgage
1870
1867
1869
250
Jett'crsonville,
St.
*200
41
.
Madison & Iiid., Ist mortgage
do
do
2d mortgage
Jersey Cili/ <t A lbani)—lnt mortgage, gold
Ridgefleld Park, (N. J.,) 1st mortgage
Toilet it Northern Indiaua-lrit mortgage
Junciion, Philadelphia— \»X mortgage
2d mortgage
Kansas City, SI. .losephd Council lilup's—BtoQ:k.
1871
1872
1872
1869
i'oo
500 &0.
$8,060,000
940,000
2,700,000
416,000
367,500
1,379,000
130,965
29,000,000
2,500,000
2,500,000
4,742,000
1,955,000
5,000,000
pal,
.-J.
1884
do
York.
April,
N.Y., Union Trust Co.
do
do
]
Sec following page.
J
Feb.
Aug.
July
July
1,
1,
1,
1,
1892
1876
1875
1900
1900
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 )
Junclion{Ph i^.i— Owned by connecting companies.
Cost of road $898,821; paid-up stock, $185,000.
Kansas City, St. .Joseph
Council Blnffs—Va addition to these, there are also funding bonds of about
$640,000 in different issues. Annual report for 1874
in V. 20. p. 475, gives the funding arrangements in
full. Gross earnings in 1874, f 1.436.073; net. $494,908.
Stock. $2,776,000.
Interest defaulted Sept., 1873.
(V. 80. p. 475.)
Kansas Pacific.— In 1874 net earnings were
Th« land
$l,6'(5.-04. against $1,418,303 in 1«73.
grant is in two trusts, 8,000,000 acres in the first,
from the 1st to the 380th mile, and 3,000,000 acres in
the second, from 380th miK: westward. Interest on
income bonds Is payable in lands or cash, only ont
of net earnings. The compauy now pays half the
current interest on its bonds, (except the incomes)
as ab mt four-fifths of bondholders have funded.
.\u iiiportaiu settlement with Union Pacific made in
(V.
May, 1875. See annual report, V. 21, p. 252.
19, p. 271, 365; V. 20, p. 8. 85, 476, 601, 644; V. 21
&
p. 466, 613.)
Kent (7o.— This road was completed in 1872, but
defaulted in 1873. No recent information received.
Kentucky Cen/ral.— Thin was formerly Covington
A Lexington. The prolonged litigation regarding
this Co. has been settled. (V. 20, p. 500; V.21, p. 397)
Keokuk <fc Z)«« JfoiiiAS. -Formerly Bast. Div. of Des
M. Valley. Int. on first mort. is funded to April,
1876, except on $452,il00 bonds reserved by Co. to
be sold. The stock is $1,524,000 jiref. and $2,400,000
common. In year 1874-5 gross earnings were
$7.57 :J81; net, $282,868. (V. 19, p. 82,5&3; V. 20, p.
520.)
Lalce Brie <k Tjtuisvitte.-ThU road was a reorganization, and has been financially einbarra-*sed. There
See V. 19, p. 3W.
is a second mortgage of $590,000.
Lake Shore <fc .Michigan 5()!/«A<ni.— Theannnal report for 1874 was published in the Chronicle, V. 20,
p. 451. and report to June 30.1875. in V. 81, p.
3S2. Other reports, V. 82, p. 41, p. 61. The
M
,
:
BAILROAD STOCKS AND BONDS,
Febrtlarjr 26, 1876.]
(real faTor by cItIiik Immediate notlee or any error dUeovered la tbeae Tablea.
hnbaerlbers will oonftr
DESCRIPTION.
MU(M Date
•if
Fur explanation of column humUnKH, &i>., see note«
Road. Bonds.
nt the heiul of DrHt pn^e <>' tablcij.
ilirhigan S(itilhtrn—( Cnnllntud.)—
•^a morlKaKe, do. (fur- .fjri.ooo.OOO) (imp. und reg.
luconir iKPuds (». f. $tiO0,()(H) per yi.) coup, or reg,
Lake Shore
864
8«4
451
451
02
95
95
258
.Miiliigau 8outbei'U
M
M. i T. RK.)
1st luoitKiiKB
uiortKiiKO,
l>-.
(
niortKm.'u (C, P.
&
A. RR.) registered bonds
do
uioi'tgiiKC
Lake sliore dividend bouds, Aprii, 186!>
:til
Ut iuoi'l*,'umo
'Jd
&
(C.
Tol. UR.) Hiuking
mort if»Ke
Buflalu
fund
do
£ Kiie, inortgage
bonds
do
do
do
do
Kalamazoo & Wliite Fif^eou
A
Bcboolcralt
'
Tiu'cc liivor
,
Kal^tiazoo A; .Sclioolcraft
Kalamazoo, A Ue^uu Si Or. Kapi<ls
do
do
stock, 6 per
Jamestowu & Frankliu,
do
do
ot.
gold, l.gr.,8.t
mortgage
Leaven., Law. it Gain.— Ist mort., l.gr. ,8.f ., oonv
Kansas C. & Sauta Fe, 1st mort., guar
Soutiieru Kansas, 1st mort., guar
M*ehiyh it Lackawanna — 1st mortgage
iLehigh Valtey —Stock, common and pref
1st mortgage, coupon and registered
Ist
162
162
88
88
83
37
12
13
58
isaii
"si
51
156
1863
1869
1869
1872
mortgage, registered
Geu. mort. gold, $& £ (s.fd. 1 p.c. y'ly) coup.
Delano Land Company bonds, endorsed
LiUle Miaifi l Stock common
22
17
145
33
10
...
Value.
1866
1862
1866
1868
1869
1867
1867
1868
,
—
Amonut
Outstanding
171
200
<&
reg.
141
81
,
mortgage
bonds
Fort Smith —New stock
i23
123
1st M.. Idgr't (750,000 acs) s.fund (for $3,000,000)
1st mortgage, sinking
Craw/ordsc.
Long Island — Stock
1st mortgage, main
N.
O.— 1st mortgage
fund
t£-
S.
W. of Ind.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
500
$8,971,000
3,929,000
1.198,000
.'i,256,00O
2,692,000
924,000
1,000,000
1,000,000
1,442,000
1,.595,000
Jtc
1,000
1,000
1,000
1,000
849,000
200,000
300,000
500 &C
2,850,000
400,000
100,000
100,000
840,000
610,000
460,000
1.000
1.000
70
— 1st mort., g.
,500,000
Ulen Cove branch
>fe Flushing
New York & Rockawav
Bmithtown &. Port Jelrerson
Cincinnati i£ Lexington—Stock
Preferred 9 per cent stock
Bonds to State Kentucky (perpetual loan)
Louis vi lie loan
Louisville, Cincinnati & Lexington, Ist mort
do
do
IiOuise., N. Alb.
<t St.
L.
(t
,
S.W.—l&t'oiovt
—Stock
MMon
ugusta— 1st mortgage
2d mort., endorsed by Georgia Railroad
ilacon
lirutiswick — 1st mort.. State endors
t£
2d mortg.ige
Ettuipment bonds.
MMiison
'ulit
it Portgage
1st mort., gold.
Vaine Central Stock
Maine Central interest scrip
1st mortgage, consolidated
—
—
1873.
50
1875
1870
1,600
1,000
50
1868
Stock
5,99:i,76!t
5,667,910
5(),0*,00n
38.0:«,000
38,373,421
605
185
100
8,988,301
1858
1,000
475
1856
1863
1863
1868
1,600
1,000
1,000
1,000
1871
1872
1870
*26o
£200
113,000
849,000
225,000
88,000
333,000
7,039,000
2,000,000
3,500,000
2,398,000
3,000,000
600,000
400,000
370,000
2,500,000
1,100,000
Sujmior
&
Paciflc.
(V. SO, p. 86, 140, 383; V.
ai,p. 372, 570.)
ia»ren<M.— Leased to Pittsburg, Fort Wayne &,
Chlcajjo at 40 per cent on gross earnings.
Lease
transferred to Pennsylvania Company. Gross earnings, 1874, |;I74,813.
Siukiugfundhas«10,OOObond8.
(\r30.p. 42.,.)
Ceaceitworlh, Lawrence db Galveston.— Het&aHed
OB interest July, 1373. (V. 19, p. 39; V. 20, p. I;0,
MB, »6rt, 511; V. 21, p. 137, 591.)
Lehigh A Laekc.wanna. Operated by Central of
New Jersey as a coal road.
Lehigh Valley. This company's earnings are
chiefly from anthracite coal.
The gross receipts in
year ending Nov. ao. 1875, were $6,0lii.495; net,
—
—
1874-gro88, »rt,759,3»I; net, $3,287,972.
After interest and dividends, there was a deficit in
1874-B of $93,(j53. The company's report gives no
details of the construction account, nor of the
cost or value of its miscellaneous investments. The
»«,7ft3,«38; in
Amboy branch was completed June,
1867
1869
1870
l,12i>,000
500
l.jO.OOO
1,000
600,000
3,620,120
100
1B75,
and
had been spent on it to December, 1875.
comparative statement for three year» is as
1872
100 Ac.
moved
Capital stock
5l),000,00i)
MUtn^ppl. — Formerly leased to
Land grant, 1,612,000 acres. Fore-
closure plan V. 22, p. 111.
1,000
100
Net carnmgs
5,7.')a,lU3
50,000.000
3a,a35.(e0
^The conii>aiiy'H statement of eurnnigs for Ust half
of 1875, on which the dividend was decl ired January.
1876,8l\o\ved surplus over interest nt $1,075,000. The
Sd general mortgage for $2.'),000.000 wiis created to
pay floating ilel)t and l)onds of 1S.S2 with tU.lXW.OOO
and balance to be held for improvements. (V. 19,
p. 815; V. «0, p. 16, 85, 140, 451; V. il, p. », 252,
Total debt
.50
1872-3.
Miles
l,i;J6
1,175
1,175
Gross earnings.. $17,14<j,13J $19,411,5.0 $17,591,629
Operat'g cxp'es. 11,1.52,371
13,74(i,')9S
ll,8:ffl,525
Net earnings....
500
500
500
31
(tons)
7
7g.
10
I
'
Funded debt
Floating debt
* Anthracite.
21a
H.ii.
8
7
20, p.
311,
2
Philadelphia oni<-e,
D. Reg.atofliee, ep.B'kN.A
PhUadelphla Oillcc
do
do
Various
6
"7'
.
A.
J.
7
A.
8g.
Jan. 15, I87tl
June, 1898
Sept.,
1898
Boston.
Union Trast Co
Philadelphia OIHce.
J.
O. N. Y.,
J.
O.
Q.-F. N.
Y.,
do
Jones & Schuyler,
&N.
& N.
& N.
& O.
& 8.
& D.
M.
M.
M.
1895
190O
1876
1877
Aug., 1900
1873
July
7
A.
7
M.
3
J.
J.
J.
4I3
6
.1.
7
8
J.
A.
J.
&. J.
J.
J.
1890
1893
June, 1869
<fe
&
&
&
'/t
do
do
do
do
do
<lo
1,
April,
Jan.,
Oct.,
Oltloe.
do
do
do
do
1910
192»
Hsv. 1883
1894
M.&' N. N.Y.,Bk.of N. America
7
6
7
&
Jan., 1892
Dec. 10, 1875,
Clncluuatl.
Company's
"7"
7
4
7
&
&
&
&
J.
7
313
N. Y.,
Louisville.
July, 1873
Bank of America.
Jan ,','"1881
Jan., 1897
April, 1900
do
do
O. N. Y., J. B. Alexander.
g.
F. '&"a.
Louisville.
& J. N. Y., Drexel. M. & Ca).
A.
do
O.
do
6
do
M. & N.
do
6
M. & N.
LouisTllle.
7
A. & O.
do
6
A. i O. N. Y., Drexel, M. & Co.
7
M. & N.
I'- J. & D. l,ondon. Baring Bros.
ilo
do
& A.
!' F.
M. & a.
New York.
Q.-F.
Philadelphia.
21a
7
J. & J. N.Y.,M.K. Jesup.P.ACo.
do
do
7
J. & J.
Various N.Y., M.K.Jesup.P.ACo.
7
do
do
7
A. & O.
A. & O.
7
New York.
7g. A. & O.
J.
<Sc
A.
1874-3.
3,'277,527
593; V. 22, p.
&
Fort SmUli.—TotecXoa&A Dec. 10, 1874.
Re-organized and stock issued for old bonds. The
new mortgage is for construction to Fort Smith.
(V. 19, p. 58.3, 617, 6.39; V. 20, p. 62; V. 21, p. 418.)
LUUe Rock, Fine Bluff cf- Hew Orleans.— SoM in
foreclosure Dec. 16, lli75, for $35,000. V. 21, p.
little liockit
813.
LitUe SchuylkiU.—lj&SLSei and operated by Philadelphia & Reading. Dividends, 7 per cent.
Logansport, CrawfordsvUle <t S. W. qf /nd.— De1874.
'The total liabilities, September,
1875. reported at »4,097,iKX). of which $32.',000 were
l,iti";stion in progress.
(V.
receiver's cerllftcates.
20, p. 88, 3ia, 521, 593; V. 21, p. SO-i, 613; V. a,
faulted in
p. 63.)
of management was made
and in January, 1876. a sale of stock was
to Mr. Poppenhuseu, of the Fluahin". North
C«ntral road, giving him control. (V. 22, p.
Shore
Long Island.— Chunge
April, 1875,
&
135, 168.)
iSt
& D.
& J. Phllwlclphia OtHce.
Q.—
—M.
Cincinnati.
M. & N. N Y., Bank of America.
Little .Vtami.— This company leases the Columbus
Xenia, and both are leased to Pittsburg, Cincinnati
St. Louis, : uaranteed by Penusylvsnia KR.,
lessees assuming interest payment on bonds and 8
percent on stock. (V. 20, p. 4^7.)
made
Q.— J.
J.
J.
•i3,2«,44« »4,50,'i,447 27.1 92,297
10,875,000 16,859,000 82,189,000
1,837,613
V.
i
&
J.
10
496,500
928,300
1S73-4.
4,150,660
<Sc
Q.-.
F.
156.)
5a'i,
&
&
7
10
$2.82.5,705 $3,287,973 $4,781,633
(V. 18, p. 297, 504, 527;
&
J. &.
J.
J.
A.
Gross earnings
$6,710,565 $6,759,391 $6,016,495
Operating expenses.. 3,881,880 3,471,418 3,iJ62,S«l
1874.
Si
&.
A.
1,000
1,000
94
Coal
J.
1853
1864
33
:
18-4.
8
8
8
3
7
I88&.
1,
1,
1,
1,
1,
1,
1880
1882
Sept.
1886
April
1898
Jan.
1890
July, 1887
July, 1887
July, 1888
Oct. 1, 1876
N Y., Union Tnist Co. Jan. 1, 1897
do
Juno 1, 1894
do
N. Y., Boston & Pblla.
Jan., 1899
do
Oct., 1902
do
Pittsburg Offlce.
Jan., 1876
N. Y., Wiuslow, L. 4 Co,
Aug., 1896
N. Y., Farm. L. & T. Co.
July, 1899
Boston ORtce.
May, 1890,
do
1892
Fell., 1897
April
July
U.&. 8
759,.500
357
7
7
7
7
llMii
187tt
Oct. 1, IHM
April 1, 1899
J.
1,500,000
3,300,000
1,175,000
175,000
150,000
150,000
250,000
600,000
2,623,483
851,000
74,519
100,000
3,000,000
881,000
"39
357
fallowing shows a summary of the figures for each
of the culeiidar years named
(Ollowa
-
1003
1,
1,
1,
July
7
1,000
1,000
19712 '67-'70 500 Ac.
197»2 1869 500 &c.
rf .1
7
7
7
7
6
50
500
83
185
20
77
77
(
Louisville, Fatlucah
7
7
2I9
1,000
130
Ljfkena Valley
|»,499,867
Dividend.
May, 1885
Nov. 1, 1877
Aug. 1, 187U
Jan. 1, 1880
5,000,000
6,000,000
11,129,000
1,797,000
4,608,000
1,500,000
525,000
5,000,000
1,900,000
750,000
2,616,100
lOO&c
I^ebanon branch, Louisville loan
A
When DUA
Woekt—Uul,
Oat.
Oct.
1,000
1,000
1,000
1,000
1,600
1,000
1,000
1,000
main stem
Lebanon branch, 1st mortgage
do
extension, Louisville loan
Consolidated Ist mortgage for $8,000,000
2d mortgage, l)onds, gold
Memplii.s it (.)liio, 1st mort., sterling, guar
Memphis it 'larksvillc br., Ist mort., sterling,
Northern
pal.
Dec.
il
lb
&
U.A
H. &
P. &
J. dt
A. &
A. &
J. &
A. &
J. &
M.&
A. &
J. &
J. A.
J. &
1868
1870
1873
1872
1851
1867
1870
1872
Nashville— Stock
1st mortgage on
Louisville loan
A.
A.
27,002, 2!)7
100
do
2d do
Air-Line— lat mort
J.
7
50
4.')0,000
1857
1870
65
175
175
7
7
7
7
345,000
5,000,000
720,000
160,000
300,000
4
10
19
175
.Louisville,
418.)
LaJte
{
Payal)lo
1,000
1,000
1,000
1865
1869
1870
1872
1„')00.000
31
31
92
158
line
Newtown
d-
Uout.
4,500,000
K.ttension
Louinille
When Where Pavable, and by
Whom.
Rate per
500 ike
500 &c
50
15
Street couneotlon
Little Ruck, Pine Ulaffit
Little Scliuylkill— Stock
$1,000
202
•Jd
Little Ritcl: i£
1873
1872
1869
1865
18S7
1856
1859
1867
1869
"
iowreiici'—Stock
Loffansi>*t,
Par
guar.
mortgage
iid mortgage
Ist
Lake Superior d Jfi««— Ist mort.,
Income mortgage boudn
ist
INTEREST OB DIVIDENDS,
Size, or
il
.MortKiiKi! buiiils of Oct., 1M0!», BlukiiiK fund
iBt uioi'tga^c sinking fund, M. H. &. N. I
'Jd
xxT
Louin'iUe, Cincinnati <t Lexington.— Then are also
$60,000 old bonds. Gross earnings in 1872-8 were
$1,212,027; expenses, $978,674; net earnings, $286,452,
The company, after paying dividends 00 preferred
stock for some years, defaulted on inlerest 1873-4.
&
Augvista.
O. Best., Nat. B'k Com'rce.
Aug.
Jan.
1, "1873
1, 1875-'6
1866 to 1887
1886
Nov., 188O-"80
Oct, 15, 1893
April,
Nov.
1,
Dec,
1898
1883
li»01
Aug,, 1902
1, 1890
1876
1887
1879
1887 to 1900
1889
1879
Oct., 1890
Mch.
Feb..
April
1,
1912
Receiver took possession in September, 1874. See
his report to December, 1875, in V.22. p. 181. (V, 1»,
p.351 ; V. 20. p. 212, 383; V. 21, p. 277. 395: V. 22, p.I81.)
—
Louigpille, Neip Albany db St. Louis Air-Line.
Tills road is projected from Louisville to St. Louis,
and has 28 inilcs built. The managers hope to go on
if
they can sell bonds; few of those out were
sold
t.i the public.
453; V. 21, p. 88.)
(V. 17, p. 753; V. 20. p. 16,
35T,
Louisville <fc Nashville. -Annual report for vear
Gross earn1875. in V. 21, p. 3G9.
ings of inuin stem and branches, $4, .108,952, net,
$1,516,39S. General result of o[)erating whole system
and leased lines was a deficit of $34,793, after paying
interest and all charges.
Net earnings. July to
endmgjiine30
December,
South
16;
V,
1875,
much
better,
&
Decatur Is leased,
Si North Alabama are
il, p. I.tT )
Nashville
Louisville,
Paducah
(ft
5.
being
$1,043,761.
and liabilities for the
assnmcd, (V. 20, p.
W.
—Formerly
Eli?.a-
& Paducuh, to which Louisville city
loaned $2,000,000.
In September. 1874, interest
was not paid. Foreclosure in progress. tV. 20. p.
8S1, 408; V. 21, p. 883, S9.5. 489.)
Lukens FaS«y.— Leased to Summit Branch Railroad at $62,500 per anniun.
Macon A Aujusta.-hniaei «nd operated by the
Georgia Kailroad. which guarantees all the bonds
except $100,000 of first mortgage. (V. 2'. p. 157)
Macon <fc Bruiutivlck. This road being In default
bethtown
—
was sold June 2, 1H75, and bought for the State:
offered a^ain for sale or lease January, 18.6. The
Georgia Legislature declared fiaudult-ut $60(1,000 of
the endorsed bonds issued in 1870. (V. 20. p. 44A.
501, 546, 610, 598. 615; V. 88, p. 3 of advertisements.)
Madison
A
Forlgage.—CoatoMUcd
as
Chicago
& Superior. No bonds could bo negotiated after
the "Potter law." (V. *I,p. I5.(
Maine Central.- A contract for operating was
made with the Eastern, Mass., in Jnne, 1819. The
Maine Central leases several roads. The report of
the year's operations, ending Dec. 31, 1874, showed:
——
..
BAILBOAD STOCKS AND BONDS,
£dl
[February 26, 1876.
oonfor a great f>Tor by clTlnK Immediate notice ot any error discovered lu these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
Miles Date Size, or
pal, when due.
Amount Rate per When Where Payable,
Par
of
of
and
Stocks — Last
For explauation of column headlnes, iScc, see notes
by
Outstanding Cent.
Payable
Road. Bonds Value
Whom.
Dividend,
at tlie bead of first page of tables.
Snbsoribera
nrlll
DESCRIPTION.
Xaine Central— ( Continued)—
Bonds ($1,100,000 loan) A. <Si. K.
RR
1860-1
do
"38
72
1863
1863
consolidated mortgage
do
Somerset & Kennebec, 2d mortgage
Belfast & Moosehead, Ist mortgage
Manchester <t iarorencc—Stock
Mansfield, Ooldwater dt L. Jf.— 1st mortgage
Matiafleld <t PraminglMin—lat mortgage
Marietta, Plttsb. a C7c cciand— Ist M., $14,000 p.
Marietta <f- Oi»i«t«>w(i—Stock,
Stock, 1st preferred
do
1870
1868
laTl
1861
19
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Leeds & Farmln^ou Railroad loan
Androscoggin RaUroad, Batb City loan
Portland & Kennebec, stock
do
do
1st mort., extended
1870
33
26
90
22
100
276
m.
common
1871
1869
1870
do
2d
Ist mortgage, dollar
1 at mortgage, sterling
ad mortgage
3d mortgage
mortgage for $4,000,000
Scioto & Hocking Valley RR., Ist mortgage
Bait. Short Line, stock, 8 p. c. guar by M. C
Ist mort., guar, by M. & C
do
do
4tli
Cinclmiatl & Baltimore RR., stock
Marquette, H. A O— Ist mort., I'd gr. M. & O.,
1st mort., I'd gr., H. & O., coup
2d mort., laud grant, M., H. & O., coup
do
3d mort.,
do
do
c...
Maryland <t Delaware— \»t, mortgage
2d mortgage
Memphis <t O/wtriesfon— stock
30
1869
"50
44
94
109
54
54
291
1872
1871
1872
1873
Tennesse loan
Ist mortgage, convertible
2d mortgage
Income bonds
Memphis
<t
Little
Rock— 1st mort.,
1.
131
gr
2d mortgage
Michigan Central^—Btoc^
569
284
284
284
103
Ist mortgage, convertible, sinking fund
1st mortgage, convertible
Consolidated mortgage (for $10,000,000)
Michigan Central (Air Line mortgage)
Michigan Air Line Ist mort., assumed by M. C
Equipment bonds
Kalamazoo & South Haven, Ist mort., guar
do
do
2d mort,, guar
Grand River Valley, 1st mort., guar
do
do
2d mort., guar
do
do
stock, guar
Detroit & Bay City Ist mortgage, endorsed
do
do
mortgage (not guar M.C.)
Jackson, Lansing & Saginaw Ist mort
1
§ StJ
do
2d mort., conv. piT'to
do
1st mert. (N. of Win.), conv.
g a%
do Cons. m. on whole line (300m.) J § 9
Michigan Lake Slwre— 1st mortgage
Midland Pacific 1st mortgage, gold
Milwaukee <£ Nortliem Ist mortgage
MUioaukee, Lake Shore tt Western— lit m., gold.
94
94
Sill
dc
Schuylkill
—
(
236
57
57
126
125
140
32
35
100
.
Haven— stock
.
earnings for 1873 were $2,06S,077.7S; total
for 18i'4, $2,094,080.55, Bhowing an Increase of
The operating expenses for 1373 were
26,0(^.77.
t 1,330,501.44; net earnings for 18T3, $7:17,578.34. The
operating expenses for 1874 were $1,281,1)81.25; net
earnings for 1874, $812,3W.30; an increase for 1874 of
Receipts from passengers we»-e $910,$74,822.
381.89; from freight, tl,(S8,»65.41; from all other
sources, $154,683.25.
'The rei)ort says that a
general stagnation of business materially affected
fhe road, so that its gross receipts li-ive only
been Increased over those of 1873 some $26,000;
but the practice of rigid economy in working the
road has given an increase of net earnings over last
year of $7i,^22.96. paring the year the bonded debt
of the company was reduced by the payment cf the
'.iti.
1868
1870
18.">6
1868
1870
1,600
1,000
1,000
1.000
1871
1870
1869
1870
1,600
500 &e
.500
'59-'6li
1
&
1,254,.500
100
i82
100
269
70
70
161
161
85
85
Missouri R., Fort Scott <t Gulf— l%t m. 1. gr. s. f
2d mortgage, coupon, may be registered
MobiUA ffirard— 1st mort. ($212,500 end.)
2d mortgage, endorsed by Georgia Railroad...
Plain bonds
The total
1869
1870
1872
785
2d mortgage
do
18(59
1866
Missouri, Kansas <£ re.ra»— stock
Preferred stock (for $7,000,000)
1st m., gold, sink, fund, on road and laud (U. P. S.Br)
lat mortgage, gold (Tebo. & Neosho)
Consolidated mortgage, gold, on road and land
Hannibal & Central Missouri, Ist mortgage
do
1872
1872
1865
1868
1870
1871
116
116
—
Mineral Point Wis.) let mortgage
Mississippi, Ouachita A Red ijirer— Ist m., gold.
Mississippi 1* Tennessee— l»t mortgage
Consolidated bonds
Tennessee State loan
1874
1870
1870
1866
1869
39
39
(
Mine
1872
1869
10
I
—
1873
1860
F. & A. Bo8t.,'N. Bk. Commerce
$1,100,000
6
496,500
«^- A. & O.
do
do
756,800
J. & J.
do
do
633,000
6
J. & J.
Portland.
425,000
6
J. & J. Bost., Nat. B'k Com'rce.
100
741,400
3
J. & J.
Augusta, Me.
100
6
217,300
A, & O.
do
100
6
1,166,700
A. & O. Best., Nat. B'k Com'rce.
260,000
6
J. & D.
do
do
500 '&c
M. & N, Belfast and Boston
150,000
100
t'- M. & N. Manchester and Boston.
1,000,000
1,600,000
7
A. & O.
300,000
7
J. & J Boston, Bost. Nat.Bank.
1,000
1,500,000
7g. F. & A. N. Y., Winslow, L. & Co.
50
1,386,000
50
"as. M.'&'S.
8.105,600
50
4,440,100
3 s. U.& 8.
F. & A. Bait., B. Garret & Sons.
2,450,000
7
1,050,000
7g. F. & A
London.
2,500,000
7
M. & N, Bait., R. Garret & Sons,
3,000,000
8
J. & J
do
do
2,004,000
do
do
j- M.& N
300,000
do
do
100
1,125,000
4
J. & J
do
do
760,000
7
J. &. J. Bait., Merch. Nat. Bank
1,000
4
M. & N.
669,050
do
do
8
J. & D. N. Y., Company's office.
1,910,000
1,000
1,000
2,000,000
8
J. & J.
do
do
F. & A.
840,000
8
do
1,000
do
706,000
10
M. & 8.
1,000
do
do
850,000
6
M. & N. Bost., Bk. of Commerce,
6
150,000
J. & D.
do
do
5,312,725 3 per y'r. J. <fe D.
25
6
1,814,142
J. & J. N.Y., 3d Natlonnl Bank.
M. &N. N. Y., R. T. Wlls<m & Co.
1,293,000
7
7
J. & J.
do
ilo
1,000,000
10
M. & 8.
do
600,000
do
1,300,000
8
M. &N. N. Y., Swensou, P. ACo.
1,000,000
"is.
& J. New York and JJostoii
18,738,204
2,179,000
8
& O.
Boston Otfl re.
1,000
556,000
8
& o.
do
1,000
7
& N. N. Y., Farm. I,. & T. Co
8,000,000
1,000
1,900,000
& J.
do
ilo
1,000
& N.
200,000
do
do
1,000
600,000
& O.
do
do
1,000
640,000
& N.
do
do
1,000
& N.
70,000
do
.10
1,000
& J.
do
do
1,000,000
1,000
500,000
& S.
Ilo
do
1,000
2I2
& J.
491,200
do
do
100
& N.
424,000
8
do
do
& N. New York and Hoston.
1,906,000
& J- N. Y., Farm. L. .^iT. (!o.
1,317,000
1,000
158,000
& 8.
do
do
1,000
810,000
<fe N.
do
do
1,000
ilo
& 8.
do
1,958,000
8
1,000
880,000
& J. N.Y., Winslow. L. &Co.
8
& A. N. Y., Turner JJrus.
1,100,000
1,000
7g
& D. N. Y., Merchants' N. Bk.
2,134,000
8
50 &0,
& D.
3,000,000
1,000
7 g.
& J. Philadelphia, P.&R. Co.
3,969,600
50
31s
320,000
10
& J. Detroit, Ist Nat. Bank.
1,000
500,000
& J.
7g.
1,000
600,000
& O.
Memphis, OfBce.
7
1860
1867
1,000
500
3,220,000
350,000
13,504,000
1,100,000
250,000
5,000,000
1,947,000
377,500
300.000
33.500
6
7
gg.
7
7
g.
10
10
&
»
}fa'ylan,d <& Delaw .re.— Thin linG was leased by
the New Jer.-*ey Southern, to fo;
pait of the
thiough route. 'Lately proceediiiijs looking; to foreclosure have been startel. (V. 2J, p. 242.)
m
$474,000
318,
856.)
fault since
&
(V. 19, p. 424.)
Little
iJoi*.—Interest has been in de-
November,
20, p. 338,615;
V.
1872.
(V. 17, p. 330, 649; V.
21, p. 15.)
May 31,
.tfic'Atoas CerdraZ.—The annual report to
1^75, (V. 21, p. 109.) showed gross earnings
on
main
Manchester <S Lawrence.— Voimetly operated with
the Concord Railroad as one line. Net earnings
1874-5, $101,117.
Memphis
(V. 20, p. 569.)
Mansfitld, Ooldwater it, L. 3f.— Leased by Penn.
for net earnings. In hands of mortgage
trustees. (V.80, p. 426; V. it, p. 42.)
Company
—
Mansiifld <fc Frnmingham. Leased to Boston,
Clinton & Fitchbuig, at 25 per cent of gross earnings. Consolidation made June, 1875. (V. 20, p. 615.)
Marietta, PUtshurjh <fc Cleveland.— '^at earnings
In 1874 were $10,ri7. Defaulted and in receiver's
hands August, 1.S7.5.
Uarieila <& Ctncinnaii,—Grose earnings for the
line and branches of $7,102,288, and net earnings. $2,0.34,188, or $;(i 250 I'-ss than previous year.
The tloating debt .lun 1 187.">, was $77.1.015, against
1,058.452 on the 1st of June, 1874. Tlie J., \
8.
t ebt is assumed by ..^Uchlgan Cenrral, which also
pays f70,(K)0 per year on the stock, one-third of
wliich it owns. Semi-annual report to Dec. 1, 1875,
in V. 22, p. 4 1, showing net income of $185,u92
above interest cnartres. &c. Interest was passe 1 on
.
the Detroit
&
1875.
(V. 19,
22, p. 41.)
1,
Oct.,
Sept.',i866
1866
1891
1891
May 1, 1896
July 1, 1890
Sept.,
Aug.
Aug.
1,
1,
May
1,'
1896
Jan., 1876
Jan., 1900
Jime
i,'
1892
1, 1891
1, 1892
1, 1903
1, 1885
1, 1889
July
Aug.
Sept.
Nov.
Dec.
May
1,
1,
Jan.
May
1880
1883
to '78
1873
1890
1,
is73
Oct. 1,1883
1,1882
Oct.
May 1 1B02
Jai).,
,
Jiin.l.l890
1890
April 1, 1883
Nov. 1, 1890
Nov. ] 1890
Julv 1, 1886
.ruly 1,1879
Jan., 1870
May 1,1902
IM'J
July 1,1885
March 1, 1878
Miiy 1, 1890
Bept. 1, 1891
1889
Aug., 1899
Dec, 1901
June 1, 1902
Jan., 1876
Jan. 1,1890
1890
April 1, 1876
,
Sept.l,'81to'93
& J N.Y., Clark,Dodge & Co.
& D.
do
do
& A. N. Y., Clark,Dodge&Co.
M. & N
do
do
M. & N. N.Y.,W. A.& A.M.White
J. & J. N. Y., Farm. L.
T. Co.
A. & O.
Boston, Co.'s office.
Savannah.
J. & J.
J. & J. N. Y., Nat. City Bank.
Jan.,
J.
J.
J.
Ont'ina^oii.
Lands amount to I2."»,0) acres,
chiefly timber an 1 iiiinjrul. Stock, $2,306,000.
been obtainable.
1890
1875
1911
July 1, 1889
Aug. 1, 1895
15,
Nov.
<fe
7
Penobscot and Kennebec Loan
100
l,3ii0
Portland and Kennebec Interest Funded L'a
Somerset and Kennebec Ist mort., in part. 247,000
Total
These liabilities were met by the sale of consolidated bon'^8, and by notes payable, increasing liabilities only $14,332. Since the date of '.he Treasurer's
report $10,700 of the Somerset and Kennebec bonds
have been paid, which leaves but about $12,000 of
these bonds outstanding. (V. 19, p. I'JO; Vol. 20, p.
May
&
Bay City bonds, not guaranteed, Nov.,
p. 143; V. 20, )». 101; V. 21, p. 15; V.
Michigan Like .SAore.—Defaulted 1872. and in
receiver's hands. (V. 18, p. 248, 504; V. 21, p. 1 1 0.)
Midland Pocf/ic,—This was one of the roads
repre-
&.
Jan. i','i899
April 15, 1890
1876
1889
1887
Jan.,
Jan.,
J.'Savannah.C. RR. Bank.
sented by Messrs. Turner Bros, in
which Benj. E. Smith was president.
<fi
New
York, of
Default in inAugust,
1876.
February and
terest was made in
No litigation as yet.
Milwaukee
1889
Dec, 1900
Feb., 1904
May, 1890
F.
Memphis & CharUf-ton— This road was leased I0
the Southern Railway Security Co.. but in 1874 the
lease was cancelled arid Mr. R. T. Wilson, Pr;:sident
of the East Tennessee, Virginia & Grcorgia, road was
elected President of the Memphis & Charleston,
$722,400 with a new board of directors. No recent report has
City of Bangor Loan
July, 1901
July, 1891
July 15, 1875
April 1, 1883
Oct. 1, 1895
June 15, 1876
409,444
21,405,000
year 1874 were $2,094,510; expenses, $l,5n.i')'J; n'^t
earnings, $523,15.1 against $432,539 net earnings in
187!. This road forms a part of the turon^'h route,
and is operated in close connection with the Baltimore & Ohio Railroad, which has made large ad
vaiices for recent construction on the "Short Line."
Annual report V. 20, p. 356.
Ma'-guette, lloaghlon & Ontonagon.— 'Vn\& isaconsolidrition of .Marqiette A Ontonairon and loughtoii
do
J.
1890 to 1891
Oct., 1900
July, 1898
—
This road defaulted on
Circular to bondholders, V.
Northern.
interest January, 1875.
It is leased to Wisconsin Central and
20, p. 61.5.
there is said to be some prospect of resumption.
—
Milwaukee, Lake Shore & Western. In 1873 the
net earnings were $7,000; cost of road and equipment, $3,750,000. Sold in foreclosure for $2,509,788,
Dec. 10, 1875. (V. 21, p. 277, 591.)
Mine Hill tR Schuylkill S2!*n.— Leased to Philadelphia & Reading, May 1884, for 999 years; 8 per
cent dividends on stock.
Mineral Point.— Total receipts 18(,3, $128,121: expenses and interest, $130,6 14; cost of road, Ac,
$1,200,000.
Mississippi, Ouachita it Red ffiwr.— Land grant
257.000 acres. Sold in forecloiinre, Dec. 18, 1875,
for $2.1,000. (V. 20, p. 405; V. 21, p. .535, liI3.)
Mississippi it Tennessee —Stock,
earnings 1874-5, $211,332. V. 22, p.
$825,400.
Net
181.
Missouri, Kansas tt 7ra«t.— This road was building under most favorable auspices and showed good
earnings, but in December, 1^73, passed interest.
A
compromise with bondholders has been pending
and will probably be effected.
(V. 21. p. 187.)
Receiver was appointed, December, 1874. Land
grant is about 4,585,112 acres. Last report and de(V. 28,
tails of debt in Chronicle. V. 19, p. 29.
6. 141, 501;
p. Ill, 158.)
p.
V.
21, p. 87, 186, 207,
MissouH River, Fort
','53,
395; V. 22,
&
Oulf.—Th.e stock is
Interest pa.sed Oct
1873, on 2d, and
$5,950,(100.
Jan., '74.011 1st m'tgs.
Coupons of January,
cash and one-half in
V.
Scolt
,
Net income
1874,
8
of 1874, $301,712.
'75, one half
^V. 20, p. 403;
paid July,
mos. notes.
21, p. 15.)
Mobile cfc (Jirwd.— The Central Railroad of Georgia endorses »212,500 of the irst and all the second
mortgage bonds. Net earnings 1874-5, $ii2,689.
.
,
1
.
EAILBOAD STOCKS AMD BONDS.
February 26, 1876.]
Sobacrlben will eonfer a great
ftiTor
DESCRIPTION.
by Kiting Immediate notice of
MUes Date
xxifl
anjr error diaeorered In tbeee Tables.
IMTERE8T OK DIVIDENDe.
Size, or
Amount Bate per Wben Wbere
of
of
Par
For explanation of column lieadhies, dko., we notes
Parable, and br
Road. Bonds. Value. Oul«tandiuK
at tbe bead of ttrst page of table*.
Cent.
Payable
WBom.
—
Htook.
ifobile <t .If oi
Miibile cC- <//lio— «too
cent
bonds.
Convditilili; S l>«r
l8t iiiiiiigaKe, sterling
186
616
I
1
$100
100
1873
1853
.^
100 &c.
1,000
(1)
£225
100 i&c
£100d[0
uterest l)oud8
Intei'est l>on(is, Htfrliuff.
Teimcssce subs., lat lUortKage, sterlluK
Special mortgage (Mississippi, Gaiuesvllle
& Tex.)
1871
1871
21
mortgage
•Jd
»2,9SO,800
5,320,000
977,680
5,686,000
1,524,300
769,920
1,668,000
53,000
1,453,858
1,000
1874
CoiiNollilHlod mortgage, gold (for f 15,000,000)
Manleluii- nf Ifetc Jer»eij—l»t m., gold, guar
1,000
lOOifcc.
mini K'i>ge
Income bonds
780,000
'.'rt
Miintyoinrrij it Eufaula—l mort., end. by
IhI morl^cat'c, not endorsed
UoHlicellii ii: Port ./e>-p<»— 1st mortgage
Morris
Alabama.
—stock
Essex
d-
fund
Ist niorth'agc, sluking
2d
mortKJifcCO
Convert il le bonds
Const ruction bonds
(icn. m. & l8t ou Boonton Br. *c. (guar. D.L.&W.)
'onsdl, mort. (for $25,000,000) guar. D. L. &
Sashville, Chattatwoya rf St. Louis stock
80
80
23
137
84
84
W
(
—
2d mortgage
132
132
—
yashnu
Bonds
d- Lowell
Stock
fi>r freight depot
Xauyaluck — Stock
1 -St mortgage, coupon ($52,000 convertible)
.\twtirk, Somerset <t Straitn., O. 1st mortgage..
.Vfic /i<<//or(<—Stock
1856
1869
57
1861
1874
Beater
biinds,
100
76
coupon
llouds coiivei-tible, tax free, coupon
Holyokc^ A- Wcbttleld
.\.J. Miillitiiil—lstmort., g'ld, guar, by N.Y.&O
RR
mortgage, currency
"id
ic
V. /.
Jersey d- New i'orfc— Ist mort. (for $1,500,(>00|
So»(/iiv«—l8t mortgage
Lit
•Jd
(
mortgage (Toms' River br.)
mortgage bonds
Line'~\%t mortgage, gold
S'em London Northern Stock
—
Ist mortgage bonds
2d mortgage
.V. O., Moh. rf: I'ea;.— l8t mortgage (Mob. to N. O.)
Ntw Orleans, St. Louis <t C/i ic.— Consolid. stock
New consolidated mortgage (for $25,000 ,000)
Conaolidiited l»t mort., gold (N. O., J. & Q. N.)...
1st mortgage,
do
do
2d mortgage,
do
do
. .
.
.
Consolidated mortgage (SDssissippl Central)
Ist mortgage,
2d mortgage,
Tennessee State Loan
do
do
do
Income and equipment mortgage
2d mortgage scrip
*V. F., Boston it Montreal
Ist mortgage, gold
—
N.
T.
Canada— lat M., sterling, guar. I>.& H.
<t Hudson ijiner—Stock
it
Bonds
do
Bonds
do
jj2.000.000
J
—
Mobile dt Ohio. The company has been in default
since March, ltt75.
full account of its atfairs, with
annual report for 1874 is iu V. iO, p. 4S2; later
statement, V. 2!, p. 60S, W. B. Duncan and A. F
Elliot are Receivers.
(V.ao, p. 358, 45«, 501, 571; V.
ai, p. 60,);
V.
-ii.
A
p
158.)
The id mortgage was foreclosed December, 1S74, and road sold again Sept. 25, 1875.
(V. 40, p. IB, 290, *S3, 4 88, 501, 571; Y. 21, p. 186,
Mont.dair.-
«78. 828, 3«j.)
—
&
Mcmtfjoinery
Eufaida. Interest has oeen iu defanlt since January, 1873.
It is one of the State aid
roads, and advertised for sale Dec. 6, 137 j. (V. 81
p. 489.)
Monlicdlo <£ Port ./ertiis.— Defaulted in 1873. Sold
Joly 7, 18;.'i. (V. 1!), p. 39, 143, 50.3; V. 20, p. 35-,
383; V. at, p. .39, 5a2.)
Morris
£>*f,r.— Leased in perpetuity to the
S
Lackawanna & Western. The lessees
and pay 7 per cent on stock,
Delawar.;,
aasum
and 8
all liabilities
after 1874, i f they then earn 10 net on Morris
Essex road. (V. 20, p. 8.5, 477, 4S8.)
Nashville, Chattanooga db St. Louis. ~Qto»s earnings of 1874-.5. #1,6 0,826; expenses, $l,151,!i54; net
A
In six months ending Dec. 31,
earnings were $391,120. (V. 21, p. 370;
earnings, $28,871.
1875, net
V. 82, p.
II)',),
181.)
& Decatur. Leaned May 4, 1 71. to LouNashville Company for thirty years.
Nashua dt Lowell.— Het earnings iu 1S74-5, (56,464.
NovhviUe
isville
A
CV. 81, p. 590.)
Saugatvck.— 'Set earnings
•. II )
1874-5, $282,38?.
(V.
91, P.
Nswark, Somerset
dusky,
more
.M.iusfii'ld
A Ohio.
New
&
1865
1872
1871
100 &c.
500 &c.
1873
1856
1860
1873
1,000
1,000
1,000
1,000
<t Strailsviilt. —Ijensed to
Newark.
~ThU road
Guaranteed By
'ioo
206
206
206
237
237
237
San-
Balti-
840
840
1871
1873
1873
burgh, Fort
to
1,000
1869
1,000
1874 *100&c
100
1853 500 &c.
1856
1,000
1854 100 &e.
1853
1,000
1854
Mobile A Montgomery.— So\d in foreclosure, November, 1«74. Stock was first given to old bondholders, but new bouds are to be issued. (V. 2<l, p.
82, 901.)
1,600
842
regls-
1,000
1,000
100 Ac.
ido
100
100
140
566
350
tered.
100 &c.
100 Ac.
1871
1873
1870
do
do
do
do
Bonds convertible till 1869(N. Y. Central)
Renewal bonds
2d mortgage, sinking fxmd (Hudson River)
Coupon bonds 1871 (not mortgage)
New mortcaceJ $30,000,000 T coupon or
aewmongagej
1,000
1,000
1,000
327
(N. Y., Central)
for debts assumed
B. & N. P. stockholders
railroad stock
real estate
1870
1870
1871
1873
1869
10
80
80
37
78
Can.
Heut York Central
Premium bonds
500 'ic
100
500 dtc
100
1869
7Ja
onsolidatfsd mortgage, for $7,000,000
Vcir Jersey West
500
100
"50
15
13 68A70 500 Ac
l'a/(e|/—Stock
Haven it I)erbi/—Xst mortgage
Haven * Xorlhamp. (canal RR.)—Stock
Mortgage
1,000
ibo
Bond.s
it
1,000
1,000
1,000
1,000
25
1873
"42
Bouds
NtwcasUe
Kei"
50
250
500 ic,
14
57
—
Vtxe
1804
1866
1871
1873
1870
1867
New
i)eca<«r— Ist mort. guar, by L.& If
1,000
1,000
1,000
1871
1871
1875
34
137
345
lioiids to U. S. government, 2d mort
1 8t mort. (.fyO.OOO per mile)
<C
1867
1870
1870
rarl'us
I
Nashville
1,800,000
1,000
1,000
1,000
1,600
1,000)
1,0005
Wayne &
888,000
1,040,000
330,000
500,<)(M)
14,297,900
5,000,000
3,000,000
284,000
573,000
6,000,000
3,000,000
6,575,295
1,000,000
5,800,000
2,100,000
500,000
800,000
200,000
1,882,900
103,000
800,000
1,678,500
171,.500
400,000
605,000
525,000
2,460,000
1,000,000
900,000
200,000
3,000,000
1,.')00,000
916,000
2,120,000
120,000
1,000,000
5,300,000
3,000,000
1,500,000
300,000
309,500
4,000,000
12,158,650
3,559,,000
2,941 ,000
1,,500 ,000
3,723;,.500
997,,000
1,997,,000
1,279,,000
5,000,,000
395,,115
6.250,,000
4,000,,000
89,428,,300
5,936,,626
1,514,,000
76,,000
592,,000
166,,000
88,,000
2,900,,000
1,894,,000
1,950,,000
24,600, 000
ITdc
OlTldend
New York.
N New York and
Dee. 1, 18S8
Nov. 1. 1883
1876 and '83
1883
1901
Loudon.
M &N
Mobile.
M ic N
I.ondon.
J. ii J New York and Ix)ndon.
M AN
Mobile.
I'-
March
8
J.
?«'
&.
?« M &
7
A
J. A
7
M A
7
K. A
7
A
K. A
7
A. A
7
7
A
1>3
A. A
4
7
J. A
7
J. A
A. A
i'- M. A
.1
N
,1
.1.
D
J.
J.
O.
N.
M.
M.
6
7
J.
J.
A J.
A N.
A N.
A J
A J.
do
do
Opdyke A
do
Co.
March
1, 1886
June 1, 1900
1890
Jan. 2, 1876
1914
1891
1900
1889
do
do
do
do
do
do
do
York
A
P. "a'a.
J.
1877-1882
1. 1904
Jan.
N. Y.^ Union Trust Co.
N. Y. Del., Lack A W.
A
.1.
h-
do
do
N. Y., G.
I)
Q-J.
I'"
do
Now York or London.
8 N. Y., G. Opdyke A Co.
J
M AH
J.
do
do
do
do
do
do
Oct., 1901
June 1, 1915
11,1875
N. Y., V. K. Stevenson. 1881 and '91
do
do
July 1, 1913
N. Y., Drexel, M. A Co. July 1, 1900
Nashville, C6.'s Office.
Oct., 1887
Boston A Nashua.
Nov. 2. 1874
1893
Bridgeport, Conn,
Feb., 1870
do
do
July, 1876
N. Y., Union Trust Co, Nov. 1, 1889
Boston A New Bedford. Nov. 1, 1875
New
A
Nashville.
Oct.
Boston, Suffolk Nat. B'k,
do
July. 1, 1881
July, 1, 1894
Jan., -1876
1898 to 1900
do
Q.-J
Newcastle, Penn.
Various N. Haven, E.8. Scranton
21a
7
3
7
J.
6
A.
A
A
New
J.
O.
Haven,
do
do
Oct., 1874
Jan., 1899
Apr. '80 to '82
1891
1895
do
1881
M. A S. New York and London, March 1, 1893
M. A N.
N. Y., Co.'s Office,
Nov. 1, 1889
A. A O.
6
do
do
7
M. A 8.
do
do
1881
7
A. A O.
do
do
April 1, 1909
M. A N.
May 1, 1900
I'.—J.
New Ix>ndon, Office. Jan., 1, 1876
A. A O. N. Y., B'k of N. America
6
Sept., 1885
7
J. A D.
do
do
July, 1892
8or7 g. J. A J. New York, Co.'s Office, Jan. 1, 1915
P. a"a.
F. A A.
7
A
A
A
A
?^- M.
M. A
F. A
8
J. A
7
I'-
A.
8
7g.
F.
7
6
6
6
7
6
7
7
T
Chicago, and lease tranj<ferred
(V. 20, p. 44,5.)
&
—
back without sufficient rolling stock and without
means to pay interest. The bondholders funded
coupons, but default was again made.
Several
plans of re-organization are proposed. (V. 20, p. iti-l,
2,')8, 31S, 358, 4 88; V. 81, p. 39, 64, (Hi, jSO, 348, 395,
442, 466, 489; V. 82 p. 87. l:M.)
Ni^w Jersey southern.— 'V\a^ was a consolidation of
several roads, and leased the Vineland, Maryland A
Delaware, and Kent County roads. luterest iu deLitigation
fault ^ince October, 187-1.
progress.
Comprehensive plan of re-organization, V. 21, p. 46fi.
(V.lH,p.399; V.20,p.313,488; V. 21, p. 486, 489.)
New Jersey West Line.—\Xi foreclosure. (V. 19,
p. 640; V. 20, |i. :«3.)
New London Northern. Operated under lease till
1891 by Vermont Central for $l.'iO,000 a year. Income of Co.. in 1874-,5, $151,875; disbursements,
m
—
$143,973. (V. 21, p. fi90 )
New Orleans, Mobile dk Texat.— Tbe Western Division of this road was sold Nov. 18, 1874. Interest
A truslees' circular for rein default since 187^.
orgauization of Western Division is given iu V. 21,
(V.20, p. 16, 62, 79, 318,477; V. 21, p. 831,
p- 231.
N. Y., So. RR. Ass'n.
N. Y., J. B. Alexander.
do
O.
N.
N.
A.
Jan. 1,1912
July
do
do
do
1886
1800
Nov.^74,'79'84.
do
do
New York
1,
Oct. 1,
May 1,1912
N. Y., 80, RR. Ass'n.
N. Y., J. L. King.
J.
A.
Y.. Co.'s Office.
do
1886
1886
1884
Aug. 1, 1874
May 1,1889
Co.'s Office.
May 1,190/.
Jan. 15, 1^76
May 1,1883
Aug.
1,
1870
May 1,1883
Mayl,18S3
May 1, 1883
Aug.
1,
1876
Dec. 15, 1887
June. 1885
April, 1891
Jan. 1, 1903
Jan. 1, 1903
See annual report, V. 22, p. 156. Operated as a connecting line with III. Cent. Of the consol. mortg.
the issue authorized is $85,000,000, enough bcin^
retained to redeem old debt. 111. Central buys w,«
*200.n00 per year of consol. mortgage bonds of Uw.
The Miss. Cent. 1st mort. bonds, due Nov., 18r4k««s«
not all paid, and Nov. 1, 1875, and Jan., IS^ tkere
was some delay in paynici t of Interest. FVwting
Pennsylvauia Company.
New Haven dk Derby— yet earnings 187SH, $»4 8.32.
New Haven city guarantees |;225,000 of the bonds.
New Haven dk Northamplon.-Qroitii earnings,
1874-5, $595,lh4; operating expenses, $399,250; net
earnings. $195,913. (V. 21, p. 590.)
New Jersey it New York.— This was a consolida
tlon of the Hackensack
N. York and Hackeosack
Extension, and further budt to Haverstraw. The
old bonds are about $;i00,000, 7 p. c, due May, 1890.
(V. 20. p. 4S8.)
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
$400,00».
A
J.
J.
N.
M. A N. London, Baring Bros.
Q.-J. N.Y., Or. Central Depot.
M. A N. N. Y. Union Trust Co.
F. A A.
do
do
M. A N.
do
do
M. A N.
do
do
M. A N.
do
do
F. A A,
do
do
do
J. A D.
do
J. A D. N.Y„ Grand Cen. Depot.
A. A O. N. Y., Union Trust Co.
J. A J.
do
do
London.
J. A J.
6
leased and opcialed
Beifford.
by the Boston, Clinton & Fitchburg for 8 per cent 53.5.1
on stock and interest on debt.
New Orleans, St.Louit<t Chieago.—QioK eammgs
Nea CatOe 6t B4aver YaUei/.—ljeaaei to Pitts- jcar ending Jane 30, 1875, $3,184,8K; net, Sl,363,9£.
is
Q-M.
8
iftmd*— PnuciWben Due.
pal,
|
debt June 30. 1875, $1,929,087.
V. 22, p. M, 111, 156.)
(V. 21,
K
15,
813
New
York, Boston eft MontreaL—ftvnOBed consolidation of several roads from New York to Rnilaud.
Company defaulted in 1874 and now in hands of
receiver: foreclosure pcndine. iV. 20, p.
3fi8,
r SSA, -~.
383, 405; V. 21, p. l^S49kli
New York ct Cq' »rf«. -Th^ bonds are guaranteed
by the Delaware A Hudson Canal Co. Road unensd
through Oct.. 1875. (V. 21, p. 207.)
,
New York
solidation of
Central
<ft
New York
was made Nov.
1,
1869.
Hudson River.—Tha conCentral and Hudson Rlvei
In 1868 the stock of th«-
separate companies was $42,712,700. The scrip divi
dend on New York Central of 80 per cent was mada
In Dec, 1868.
On consolidation, another 27 perct^Dt
was disiiibuted on Central stock and >5 per cent on
Hudson- The mortgage loan for $40,1X10,000 is to
retire prior debt, and the balance for laying third
and fourth track and other Improvements. These
tracks were nearly completed from Buffalo to Albany
Jan. 1 ,1875, thus furnishing a double track road ex
clash ely for freight traffic. Th« Harlem Raflrmd
was based .\pril, 1873. The following Is a comparison of operations, Ac, for five years :
Cost of road
Gross
Net
Funded
and
Receipts.
Receipts.
Debt.
eqnipm't.
«
$
$
1874-^... 89,087,218 11.76.i,lH 40.003.667
1873-4.. .31, «90,S86 13,262,08!) 88,484,742
1378 3... 29, 186,851 ll,4»«,863 87,72&.533
1871-2... 2.1,580,675
9,1.34.8.*)
16,4116,020
""
"
1970-1... 81 ,97s, 105
8,260,816 15281,719
(V. to, p. 4«,ls8, 546; V. 28, p. 41.)
98,886.774
9i,608,«)3.
78.014. 9.-' 4!
88,89!;.-;:.^
""
80,415,601
1
.
Subscribers will confer a great niror
DESCRIPTION.
Date
Milua
Size,
$50
50
1872
1861
1872
1872
Sinking fund
"do
150
y. Hoiutatonic tt: Xorthern—lut iiiort^tiKe
N. Y. Kingst. tt Sura.—Ut m., g'U (.$1,000,0001
Jf. Y. d- New Knglaml (Jioit., Uartf. Jc A'l-ie)—Stock.
lat niortgiigcs*, old
1869
1870
1871
100
62
02
mortgage
iExt«usiou
1808
1866
02
223
223
223
102
102
102
102
Preferred stock
Mortgage bonds
NortheiisUrii (S. O.)— Stock, common
Pref. stock (S per cent) excbangoable for
1st mortgage, new
2d mortgage, new
2d mort.
—
Xorth Peniisgleania Stock
1st mortgage
Cliattel mortgage
General iiiort.gage bonds
Northern Central Stock
ist mortgage. State (Maryland) loan
2d mortgage, sinking fuud, coupon
3d mortgage, sinking fund, coupon
3d mortgage, Y. & C. EK. (guaranteed by Bait.)
Consolidated mortgage, gold, coupon
do
registered
do
do
lucome convertible bonds, coupon
Income bonds for roads purchased, eouiion
Cousol. mortgage, gold, s. fuud, coup. $ or £
Northern, N. H.— Stock
Northern of New Jersey— UtocVi
1st mortgage
Northern Pucific 1st mortgage, gold, laud grant
Norwich d- Worcester Stock
1st mortgage. State loan, siukng fuud
2d mortgage
i
Ogdensfjitrg it Luke Ohainplain—Htocb
—
—
58
50
100
100
67-'68
500
50
50
500
1869
1869
500
50
500 &c.
"so
500 &c.
313
138
138
138
20
138
138
138
.
138
21
21
550
00
60
122
122
Preferred stock
Eciuipnient bonds
Sinking fund bonds
common
393
393
148
393
393
393
PrelirnMl si i.ck (cuiuiihitivc)
Incouu' anil funded debt l>ouds
1st eousdlidated mort. ($:J, 517,000 are «. f.)
Consolidated mortgage, sterling
2d cousi>lidaled sinking fuud mortgage
Debenture sinking fuud bonds for.* 1, 000,000). ..
Spring.. Div. (9i>.>feril. SE.) 1st M. (for .$3,000,000)
Oil Vreekit Alle:/fn-nij Kicer— lat mort.(W. & F.KR.)
(
228
1st mortgage' (Oil Creek RK.)
Ist mortgage (Un. & Titusville RR.)
New
mortgage, (Pitts. T.
Old Outoiii/— Stock
25
it B.)
217
Orange
it
— Land grant gold bonds.
Xewurk—l^t mortgage
ttregoH
it
dalifornia
40
Northwestern
— 1st
9
200
un)rtgage
itego it Rome — 1st mortgage guaranteed
income mortgiige Itonds
O 'Cego it Sgracnse—Htoek, 9 per cent guar
Mortgage bonds
o<
28>2
"3.">
.
35
—
New York (fc Harlem. Gross earnuiga 1873-4,
opyratiug
cxpeu.^e^. $1,719,3*4; net
$2,856,52)
earnings, $l.l.i;.141. Leasiid to New York Central
at 8 percent per annum (payable .1. & J.) on stock,
and interest on bonds. The Fourih avenue horserailroad and real estate was ret.ilned. The extra
dividend Aprd. 187J. was froai profits of city line.
;
—
New York, I/omatoiiic A Northern. Foreclosure
pending. (V. 21, p. itlH.)
Neio York, Kingilon dk Si/raeiise. -Includes old
Rondout »fc Oswego. Sold in foreclosure May a,
(V. IS. p. 386, 58S; V. iO, p. 442,
1S75, fo.r t75O,»00.
314, 4M, «15; V. 21. p. IBO.)
New York it New Enr/land.^TMa was formerly
Boston Hartf. & Erie,
'l^hc roiid was opeiated by
the trustees of the Berdell mortgage for t»everal
years and conveyed to the new company in July.
Gross eariiinas
1875.
207,
533,
(in
(V. 20, p.
$l.<i7,IUfi.
Mass.). 1871-5, $910,178
289, 338, 6S4;
V.
;
21, p. 31,
570.)
New York, New Haven it Hartford.— "^at income
&pplicai)te to dividends in 1874-5, $l.89:),93i), against
$1,678,256 in 1873-1. (V. 20, p. 6i; V. 2>, p. IS.)
New
York
Oswego
iiand.— Interest in default since 1873. Receivers' certificates liave been
issued, and the floating debt, Sept. 30, 1871. was $8,Deficit on operations, year .8:3 4. $288,382.
274.629.
Latest funding plan V. 21. p. 278. (V. U, p. 62,
it
.VI
!M8, 351, 810; V. 20. p. 83. 212.
81. p. 40,81 186.)
28J, 313, 5U1, 522;
V.
New
York, Pronidence it Boiton.—Knn\\&\ report
for fiscal year ending Sept. 1, 1875, showed net earnings $408,511. leaving a surplus of $73,7''l above int^irest and dlvidead payments.
Full report Y. 21,
p. 464.
North Carolina.- Leased September, 1871, to Richmond it Danville Railroad at $280,000 per annum.
In March, 1875, the gauije was changed. Dividends
of 6 per cent, are paid on stock, of which the State
of North Carolina holds $3,000,000. (Vol. 16, p. B53;
V. n, p. 155, 218; V. 20, p. 267; V. 20, p. 39 J.)
50
500 'ic.
500 &c.
1855
1865
1853
1868
1868
1870
1872
.300 &e.
1,000
1,000
1,000
1,000
1,000
74-'7!;
100
8212
—
ii!.tsifsii)pi—^tovk,
1869
$7,500,000
1,500,000
10,500,000
108,444
1,500.000
2,500,000
20,000,000
273,000
15,500,000
2,000,000
8,000,000
2,500,000
1.500,000
3,800,000
2,425,000
1,200,000
2,500,000
70,000
100.000
250,000
837,000
3,000,000
1,000,000
380,000
1,000
2d nun-tgage
net.
1,000
1,000
1,000
1,000
58-'C0
Genenvl mortgage ($1,000,000 autborized)
Xorth CarctUna—^tocii, common
Omaha it
loii &c.
1873
Improvement
Bonds
Bonds
Bonds
Bonds
Bonds
1,000
100
334
225
225
Consolidated mortgage
Prop, it i(o»«OH—(Stonington)— Stock
tf-
500 &e.
500 &c,
12 14 1873
2f, Y.,
Ohio
1,000
1864
"su
141
AVie York, Ne.u) Hacen, it ffar(/or</— Stock
Harlem & Portcbestcr, 1st mortgage guaranteed.
N. Y. it Oswego Midland— lat mortgage, gold
2d mortgage, convertible
2d mortgage, uon-eouvertible
3d mortgage, eiiuipment
Ist mortgage, Western extension
4
J.
J.
4
7
M.
7
J.
7g
J.
7g. A.
7g.
7
7
7
7
7
21a
8
l.!)30,500
360,000
1,500,000
2,035,000
5,842,000
1,500,000
1.570,000
1,120,000
202,002
2,599,000
203,000
1,000,000
3,000,000
3,988.000
3,008,400
1,000,000
4
7
7.30
g.
8
8
"s'si
7
7
•
6
g.
7
6
7
7
7
7
3
4
7
6
7.30
g.
7
7
g.
7
410
7
—Net
income fiscal
499.)
Northern of New 7i;r*'ey.— Operated by Erie at 35
per cent of gross earnings, which in 1^74 were $295,(V. 20, p.
have
1881
1902
1902
1,
Oct.,
July
1,
1884
1, 1870
1903
July 1, 1894
May 1, 1893
May. 1896
Boston.
Grand Cen. Depot. Jan.
J. N.Y.,
&"j. N.Y.,G.Opdyke&Co.
& N.
do
do
& N.
do
do
Q.-J. N. Y., M. Morgan's Sons, Jan. 20, 1876
1878
& A.
do
do
July 1, 1876
& J.
do
do
M. & N.
do
do
1878 &. 1881
do
do
July 1, 1899
J. & J
Sept., 1875
M. & S. Company Shops, N. C.
do
do
Sept., 1875
M. & S.
M. & N.
do
do
1877 & 1888
& J.
& J
&
&
&
4
3.36,
been
488.)
Northern Pacific.— SoUl Ang. IS. 1875, for $100,000
and pref. stock is issued to bondholders at the rate
of $1.4110 for each $l,ono bond, and this inctiMesthe
interest funded to July, 1878.
This stock is exchangeable for land at its par value. (V. 21, p. 15,
V. 22, p. 135, 159.)
Norwich db Worcester.— he&^d February, 1S69, to
Boston, Hartford &, Erie for 100 years at lu per cent
per annum on coat. Dividends paid of 10 per cent
78, 137, 160, S31, 323, 372;
M.
M.
Jan.
York.
J. City,
May, 1875
1, 1899
1, 1899
Feb. 1, 1876
Sept.
Sept.
Jan.
Apr.
1900
1877
1900
1900
1880
Jan. 1, 1922
July 1, 1904
Dee. 1, 1875
April,
Jan..
July.
July.
April.
1878
J.
s.
New
i's.
& O.
& J.
& J.
& o.
& N.
Ist
& A.
& O.
& J.
& A.
& J.
& S.
& A.
& A.
& 8.
& D.
& J.
& N.
O
& N,
& A
& A
& N,
ofe
July, 1900
Jan. 10, 1876
July
do
coup, due Not., '77
Philadelphia. Office.
do
do
do
do
do
do
1,
1,
April. 1,
Office.
do
1877
1905
1875
1882
Jan. 1, 1898
Jan. 1, 1898
April, 1911
May 1, 1883
Nov. 1, 1905
Feb. 1, 1896
Apr. 1, 1882
July 1, 1890
Feb. 1, 1896
Jan. 1, 1876
Sept., 1876
Aug.. 1877
Aug. 1, 1881
March, 1894
June 1, 1895
Jan., 1901
Nov.
Mar.
Y'ork, Office.
do
do
do
do
London.
New Y'ork,
1,
July. '75 to '77
Jan. 10. 1876
Oct. 1, 1875
Jan.. '78 to '79|
Mar.. 1890
do
do
do
O.
1885
1877
1896
July 31, 1874
Irredeemable.
July, 1883
Hudson Co. B'k
do
do
1,
1,
1,
M^y
New York.
New Eugland Trust Co
do
do
&
(V. 20, p.
J.
&
1876
1876
3,
3,
May, 1900
Boston, Office.
2
&
per cent a year
New
J.
6
7
Wiia elected president.
The report for 1874 shows
gross earnings of $4,676,500; expenses, *3,.383,.553; net
earnings, $1,292,916. As compared with 187-3, gross
earnings decreased $354,865, expenses decreased
The in$:i87.88!, net earnings increased $33,016.
come account was aa follows ; t'ttal receipts. $1,462.459; which waa applied to interest on funded
debt, $ 80,0)0; interest on Income bonds, $210,000;
interest, discounts, gold premium. &c.. $143,120;
rental Sham. V.
P. Uillroad, $.52,167; rental Klmira
Williamsport Railroad, $165.1100; rental Elmira, Jefferson
Canandaigua RMilroad, $25,000;
total expenses, $1,175,287; oilt of tho balance waa
paM a dividend of SV per cent, July 31, $204,466;
leaviuir a balance n-t income for 1874 of $8^7(M.
(Vol. 18, p. 378, 512, 584; V. 19, p. 617; V. 20. p. 267,
4
J.
Depot. Jan.
Jan.
do
do
do
O. N. Y., St. Nioli. Nat. B'k.
5
—
Dividends of
do
do
8
8
North Pennsi/lvaiia. —Grosa receipts in year 1874-5,
tl, 417,731; net. $5i2,Ii)i; surplus above interest.
$160,527. Stock held by Philadelpliia city was sold
February, 1875. (V.2J, p. 231, 403; V. 22, p. 134.)
Northern Central. .\t the meeting of stock'ioldera
Feb. 25, 1875. a board of iirectors, representing the
Peuu. UR. hiterest.wrts elected. Mr. Thomas .\. Scott
054.
paid,
do
4
$175,441.
Hampshire.
J.
M.&N.
Charleston,
M. <& S.
do
M. & 8.
Philadelphia
Office,
F.
&
A.
3
do
do
J. & J.
6
A.
&
do
do
O.
10
M. & N.
do
do
M.&N. Baltimore & Pbiladel.
31a
Annapolis.
Q.-J.
6
Baltimore.
J. & J.
do
A. & O.
6
do
J. & 3.
6
do
6 g. J. & J.
do
Cg. A. & O.
Harrlsburg.
A. & O.
do
J. & J,
7
London &. Baltimore.
J. & J,
2I3 J. & D
Boston, Office.
'
90,000
820,000
220,500
3,978,150
C—
year 1874-5 was $193,892.
J. N.Y., Or. Central
N.
—
Stocks
J.
6
7
3
3
100 &e.
100
New
Wlien Due.
Last
Dividend.
pal.
F.
6
7
Northeastern, S.
Annual re ort for 1874-5 in
V. 20, p. 499.
Gross earuiuga, $416,956; net,
3 io.)
Northern
&
&
&
&
&
&
M.'&'S.
J.
899,3.30
400.000
30,441,300
2,004,400
400,000
245,000
100
3,077,000
100
2,000,000
68.'09
1,000
500,000
1870
1,000
408,000
100 20,000.000
100
4.030,000
1802
1,000
174,000
1808
1,000
6,384,000
£200
1808
112,000
1871
1,000
3,905,000
1873
100,000
1,000
1874
1,000
1,616,000
1,000
1,500,000
1,000
580,000
1870 500 &e.
500,000
1,550,000
1876
ioo
6,733,800
1,000.000
1866
1,0(K»
1867
1,000
1.450,000
1871 500 &e.
265,500
1874
1,092,000
1,000
1875
300,000
1871
1,000 16,000 p. m.
540,000
10,950,000
1865
350,000
1,000
200,000
1866
1,000
50
1,320,400
58iSi64 500 cScc.
124,000
1870
&
Bonds — Princi-
INTEREST OR DIVIDENDS.
ei-
Amount
When Wliero Payable, and by
Outstanding Rate per Payable
Whom.
Value.
Cent.
132
AT.
[Febniary 26, 1876.
Par
licadiugs, &c., aeo U(>(e»
of
of
Ht the Uciid ot Hvnt page uf tabloti.
Road. Bonds.
/few York it /factem— Comiiiou Htuok
Preferred stock
Cousol. murt., coup, or reg. (for $1-^,000,000)
BONDS.
glrlnz imiMedlate notice of anjr error dlicoTered In these Tables.
bjr
For ezplauatioii of colmiiu
Ist
AKD
IIAILEOAD STOCKS
xxir
Boston, Office.
do
1
do
do
do
do
N. Y., Kountze Bros.
Newark, OHlce.
N.Y.,Drexel, M. & Co.
N.Y., Farmers' L.&T.Co.
May, 1915
do
do
Feb., 1891
N. Y., Del., L. & W. RR. Aug. 20, 1875
do
do
1880 & 1885
per annum.
Gross receipts in 1874-5, $729,440; net,i
(V. 21, p. 590,)
Ofd-.nsburg it L-ike Champtain. Leased in March,
1870, for twenty years to the Vermont Central for interest on bonds, 8 per cent on preferred stock and on
common 6 per cent for three years, 7 for the next
three, and 8 for the next fourteen years.
$294,997.
—
—
Ohio it Mississippi. An abstract of the annual
report to .Tune -HO was given in V. 21, p. 322 and
404. The following comparison is for three vears;
18;2-73.
Earnings
$3,754,422
Operating expenses. 3,613,313
Net
1,141,109
l87:J-4.
$3.47,8,074
2,548,880
931,198
771,138
1874-75.
$3.2lM,479
2,310.969
863.510
815,472
&c
1,038,137
The company purchased the Springfield & Illinois
Southeastern Road March, 1875. for «2,000.000 in
Interest,
bonds secured on the Sp. A I. 8. road, and with privilege of funding coupons to Nov., 1877: of the same
mortgage bonds $1,000,000 were reserved, the proceeds to be used for improvements. Since election
of directors Oct. 14, '75, the Bait. & O. interests are
more largely represented in the board. (V. 30, p
235, 267. 290, 2S1, 477, 491 V. 21, p. 289, 322, 372, 396;
V. 82, p. 111.)
OH Creek it AHeghmy River.— SoM in foreclosure
cousol. mortgage, Dec. 29. 1875, for $10J,000. New
organization made Jan., 1876, as Pitta. Tituav. &
Bufl. RR. (V 20, p. 116, 162; V. 21, p. 40, 808; V.
;
22, p. 16, 1.35.)
Old Po'ony.— There are $32,000 5 per cent bonds
due 18S4. Total earnings In 1874-5, $2,286,473; expenses, $1,443,135: net, $7:32,739.
(V. 21. p. 533.)
Omaha dk Northwest.— V&ased interest 1874. Some
bonds and coup's exchanged for lands. (V. 22, p. 79.)
Oregon it Ca^i/'orftia.— Bonds nearly all placed in
Germany. After default in 1873, proposition offered
by Ben. Holladay, President, (See V. 19, p. 480.)
Oswego it Some— Operated by the Rome, Watertown A Ogdensburg at 8 per cent on $300,000 stock
and interest on first mortgage bonds.
Oswego cfc Syracuse.— Lti&SBd to Del. Lack. & West,
for interest on bonds and 9 per cent on stock.
\
—
..
.
,
RAILBOAD STOCKS AKD BONDS.
February 26, 1876.]
8ub«erlb«rs will confer a sreat Atvor
DESCRIPTION.
hoiuliuKS, Ao,, aee note*
i)a(?e oi tables.
For explanation of ouliinm
at the head ol (list
Miles
Date
(«
of
Road. Bonds
—
RxissellvUle let mortgage
Pacific of J/M«o7tri —Btock
iKt mortffaye, (cold
'ill iHoitKiiKe, (Hlnkln»( fund $50,000 per
Owensboro
rf
annum)
xlTlnc Immediate n«ti«« ot aoy error JleeoTere*
bjr
36
465
283
283
.
Heal rHtate
to
Diilit
ISI.
((lt!pot.) l»on(l«
I,imi« rouiity (nobondH)
liicoiiiK liiiiidn, (K'laniutei'd
morlpi;;!'
<'arnnd('k't Branch, iHt inortgagu
U'x. & St. Ix)uls branch, 1st mort., gold,
guar
2d mortgage
&
;
N. W., let mort., guar
—
21
115
47
47
84 13
75
12
67
166
869
355
lieratar. (Ills.)— Ist mort., g'd, gink. Td
Paris
Patrrsnii if: .\Vimtr/t-— 1st mort., guar, by Erie
Pekin, IJiicjiln tt Decatur— liii mortgage
<«
—
smk. fund
rtiinsi/lraiiiK Stuck
lut iiioitfiaj,'!"
Ciiicral niort.. I'b. to Pitts.,
coup, and rcg
siatiliin(p;iy'lilciu annual Inst'lm'ts of $4(50,000)
onsiil. luiirttfaKt'. coup. & reg. (». f. 1 p. c. yearly)
rniHui/tvania Co.—Common stock
I'rcffrnHl stock
1st uKirtgage, gold, (hold by Pennsylvania RR.)..
Pennnj/lmiiki dt De(aicare—lRt mortgage
(
2d moitgago
44
44
105
105
46
—
—
83
83
....
mortgage (Md.)
Lst
Erie
Preferred stock
<f-
1st mc>rif.Mi{e,
Isl itiortLc;i,t:e
2 (i
o r t t'ane
—Stock, common
Sunbury
&
Erie
m
K
-M mort. gold (for $20,000,000), guar by P.
,
ilailelphi/i d- KeudingStoG^,
I'l-efrrred stock
f'fi
common
&
1 p. c. yearly)
(for $30,000,(X)0)
.
.
—
Ow-
&
&
&
surrendered Nov., 1875. and litigation is pending.
Interest on 3d mortgage and on Lexington & St.
Louis in default, December, lW!h. (V. 20, p. 288
«9, 593; V. 21, p. 40, 372. 39H. 412, 418, 46*, 449, 5.35.
571, 592; V. 22, p. 10, 182.)
r
Paducah cfe J/iempAis.— Foreclosure proceedings
commenced. (V. 21, p. lin.)
PoBamo.— A steamship
V. 21, p. 439.
line proposed; see basis,
(V. 20, p. 358; V. 21, p. 807, 231 ; V. 22,
p. 88.)
;
1
Purif
it
DanvilU.—VoTeclotnTe in progress.
(V.
ai,p. 186, 297.)
I
Parit <S flccu^tir.— Consolidation.
Midland. (V. 19, p. 351: V. 21, p. 613.)
Now
Palfrton <t iVewar*.— Lately operated
Stock is $850,000.
Pukin,
Wabash
Lincoln
it
A Western
Illinois
by Erie
Z>«ator.— Leased to Toledo,
for 47 years.
(V. 17, p. 514
:
V
J7, p. 155, 650, 753.)
Peni/iffu/rtr.— There is also a second mortgage for
»54n,nno. Defaulted
1,1872. Coupons unfnnded
Ponsol. with Pt. Huron
L. M. Julv, 1873.
L
May
Bancroft. Receiver.
W
A
(V. 17, p.
1.55,
650, 7«3.l
Ptnmylvanin—lihe report for 1.S74 is given in V.
81, p. 243.
The report of the invistigatine committee is in V. 19, p. 275, .388. 39<. In May, 1875, the
dividend was changed to the rate of 8 per cent per
annum. The direct funded debt of the company is
$54,000,001
liability as a gnarantor of principal and
interest on $33,983,600 bonds; annual liability addi;
50
1870
1,000
1,000
1873
1,600
1873
1873
1873
1866
1866
1864
1,000
2,500,000
500,000
900,000
200,000
500,000
1, 541 ,000
7,000,000
2,794,000
1,190,000
1,200,000
500,000
1,076,000
3,800,000
70,925,806
4,970,000
19,934,700
5,201,675
34,550,000
3,000,000
8.000,000
7,195,000
1,083,000
1858
1866
1867
1875
1868
1873
1864
1864
200
200
117
33
tional
I'-
182,400
967,200
495,900
134,400
1,138,900
2,700.000
10,688,000
7,000,000
968,000
5
6
'3'
I'-
100
50
50
500
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
9,588,000
19,900,000
13,413..500
1,2.59,100
2,231,900
11,536,250
290,000
161,000
1,000,000
700,000
800,000
6,222,000
5,000,000
3,000,000
775,000
on guarantees of interest orrentals.
I'-
.1.
,1.
J.
6
A.
A.
7
6
J.
J.
7
g.
212
2I2
6
6
J.
J.
5g.
.1.
6
J.
M.
7
T.
J.
7
7
A.
J.
J.
J.
J,
^«6
6, •'96, 404
The Pennsylvania Company
A.
A J,
A J.
A J.
A J.
A S.
A J.
A J.
A O.
A D.
& J.
A D
A J.
A O.
A J.
21a
Various
Q.-J.
Q.-M.
3
4
6
6
A J.
A J.
AO
A O.
A O.
A O.
F. A A.
A. A O.
M'nthly
J. A J.
J.
J.
A.
A.
A.
A.
6
6
6
7
7
6
7
Oct. 1, 1877
Co. March 31, 1881
do
July 1, 1888
Philadelphia A London.
July, 1920
Philadelphia, Office.
Jan. 25, 1876
do
do
Jan. 25, 1876
do
do
1880
do
do
1886
London.
1880
do
1880
Philadelphia, Office.
1888
London.
1877
Philadelphia, Office.
1893
do
do
1893
do
do
June, 1911
Philadelphia A London.
June, 1911
Philadelpliia, Office.
Jime, 1911
do
do
Jan. 1, 189S
Philadelphia or London Oct. 1, 1897
London A Philadelphia. July 1, 1908
do
do
1892'
Philadel{ihia, Office. Jan. 10, 1876
Phila. Treasurer of Co. Dec. 4, 1875
Philadelphia A Boston. Jan. 3, 1876
do
do
July, 1884
do
do
April, 1876
do
do
April, 1887
Phil'delphla, Co.'s Office Oct. 1, 1892
do
do
April!, 1900
Phila., Pa. RR. Office.
Aug. 1, 1900
do
do
April 1, 1913
N. Y. Agent, 57 B'way.
May, 1884
Phila., Pa. RR. Office.
Jan., 1890
O. Phila., Pa. Life
J.
some time
interested.
PhUadelphia it .&^<.—Leased Febmary. 1862, for
999 years to Pennsylvania Railroad Gross earnings,
1874, $4,506,919; net earnings, $1,068,786. The Penn.
Railroad pays interest, Ac., and is creditor $1,.378,18».
(V. 18, p. 160, 367; v. 19, p. 424; V. 20, p. 8, 243.)
$11.),010.000
105,784,075
88,.'J89,537
6',I,78J,-15
Philadelphia it Beading.— The net earnings of main
and branch lines in 1874-5, were $4,5:30.768, against
$5,720,205 in 1873-1, and $5,357,766 in 1872.1. Income
from other sources, $2,341 ,S89, against $1,351,670 in
1873-4.
The trustees of the general mortgage hold
the mortgage of the Coal & Iron Co.
comparibon
of statistics for three years is as follows:
is
A
tions showed net profit of $814,3.18, including receipts
from the Company's investments. A very complete
exhibit of the operations and financial condition of
all its leased roads was published in V. 20, p. 425,
Gross earnings..
Op. expenses
Ac.
(V. 18, p. 192, 285, 350, ,504. 5,14, 630; V. 19, p.
377, 47(, 504; V. 20, p. 16, 86. 267, 814, 4«; V. 21, p.
.
Net earnings
130, 361, 458, 592.)
Inc. other sources.
Pe'inMlvania <t Ddaware.— The lease of this road
to the Pennsylvania Railroad was ratified in 1874.
Previously operated under temporary lease.
Pennsylvanli <t New Tort. —Operated in close
eonnectfon with the Lehigh Valley. Net earnings
Dividend of T/4 percent paid on pre1873. $448,361.
ferred stock, $2,000,000; common stock is$l,0«1.7W).
Peoria it Bureiu Tuiteu.— Leased perpetually to
Chicago, Rock Island & Pacific at $125,000 per year.
In year ending
Peoria, Pekm it Jackmnvlh
Funded debt
—(V. 19. p. 17,
p. 4SS;
cent,
—
$5,387,766
1,065,116
44,186,716
32. 54, 352, 480;
22. p. 109.)
$B.-:20,«15
1,351.670
58,155,138
V.
$4,590,708
i,S41 889
67,184,111
JO, p. 358:
V. 81.
—
on stock.
Phtlade'phia. Wilmington <t Baiatnore.—yet earnending Oct. 31, 1875, $l,S40,.i03, leaving a
small surplus of income above payment of 8 per
cent dividends.
Last aTioiial report in V. :tf3, i>
net earnings, $60,261.
Peoria <t flock /Hand.— In hands of receiver. Defaulted in 1874
There are old 10 per cent bonds of
$1.50,000.
(V. 20. p. 141. 616; V. SI, p. 159. 349, 585;
V. 22. p. 56.)
Ptrkiomm.— Loused to Philadelphia * Reading.
$240,145; net,
593; V. 81, p.
V.
1872-3.
18T3-4.
1874-6.
$14,882,661 $14,458,121 $12,660,987
9,474,895
8,731,916
8,130,169
Philadelphia it Tre!%ton
Leased to Pennsylvsota
Railroad with United New Jersey companies at 10
per cent on storjc.
PhUadelphia. Oermantoum <t Vorri^toum.— Leased
for 999 years to Philadelphia A Reading at 18 per
30, 1874,
P«fer»iur|7.— Gross eaminss 1874,
(Vol. 19, p. 351; V. »,p.
$108,373
64,872; V. 28, p. 185.)
A T.
do
Philadelphia <t Balthnore Cen/ro/.— Operated for
past, in Pennsylvania by trustees of first
mortgage bondholders.
Phil., Wil. A Bait, largely
$13,862,319.
a corporation distinct from the Pennsylvania Railroad, formed to
operate all the leased lines west of Pittsburg. The
stock is owned by the Penn. RR. In 1874 the opera-
June
A
A
A
««
:
9.445,704
8,247,a52
&'j. PhUadelphia, Fa. RR.
A O.
do
do
J.
J.
Q.—J.
operations east of Pittsburg, in 1874, the report
$3,168,338 over all j)ayments,
including duidends. The following is a comparison
for four years on main line and branches in Pennsylvania
Q^^^
j^^j
Total Stock
Earnings.
Earnings.
and Debt.
$9,3!'6.!.2»
1880
,r.
all
$22,642,371
24,886,009
22.m2,.525
18,ri9,a37
1,
Jan. 15, 1876
.T.
shows a not surplus of
1874
1878
1872
1871
Commerce. Oct.
.1.
10,.500,000
1,000
1,000
1,000
of
York, Offloe.
London.
«,
7
6
7
7
6
4'
1,510,.500
79,.500
1886
& O.
Oct. 10, 1897
A J. New York and Ixindon. July iV'l892
A J. N. Y.j Erie Railway Co. Jau. 1, 1878
A A. N. Y., T. W. A W. KR.
Feb., 1900
& & N.
New York.
May 1889 to '90
.-F.
Philadelphia, Office.
Feb. 2, 1876
J. A J.
do
do
Jan., 1880
(1.-J.
Philadelphia, OBloe.
1910
A? A 0.
do
do
Annually.
J. & D.
do
do
Jtme 15, 1905
A. & 0. Pittsburgh Co.'B Offloe.
April, 1875
K. *, A.
New York.
1903
F. & A.
Philadelphia, Office.
1903
A. A 0.
do
do
1903
J. A D. Phlla., B'k N. America. June 1, 1896
A I).
do
do
June, 1906
F. A A. N.Y.,Caiio.,B. I. A Pac.
1876
J. A J. N. Y., Imp. A Trad. B'k. July 1, 1894
F. A A. New York and London.
Feb! '1900
A, & 0.
Phila., 227S. 4thet.
Apr. 1, 1897
A 1).
do
do
June 1, 1913
A J.
Jan., 1872
A J. N.Y., Lancaster, B.ACo. Jan., 1879-'98
do
do
1902
J. A J.
Philadelphia, Office.
Jan., 1879
J. A J.
do
do
,Tau., 1900
A J.
do
do
Oct., 1891
7
8(K),(K)0
i',6()0
••Vb.,
J.
J.
8
8
50
50
LouU.
New
(i-J.
7g. A.
500,000
300.000
1,000
1,000
1,000
1,000
St.
S. N. Y., B'k Commerce.
Ript., 1893
N. N. Y., Atlan. A I'ac. RR May 1, 1 89*
O. N. v., B'k Commerce.
Oct. 1 18931
D.
do
do
Dee. 1, 1899
A.4'0. M. Y., B'k
4
7
7
4(K),000
ti.A
3
1,200,000
1,000,000
1,000,000
1,.500,000
621,000
1,200,000
1.324,200
300,000
6,048,700
2,400,000
1,000,000
5,000,000
3,000,000
7,252,000
32.725,775
1,551.800
mont'ly
H.A
6g. A. &
6g- J. &
100
500 Ac.
1857
1861
1868
1869
98
8
7
7
7
7
40
287
287
287
1836
1868
1868
1871
1871
1871
1873
1873
1874
1872
I'a
1,500,000
100
P.
««•
1,000
1,000
,5tK),000
DlTldeod.
A A. N. Y^ Imp. A Trad. N.B. Feb. 1, 1892
Q.-J. N. Y., At. A Pac. K. B. July 20,,1875
r. A A. N. Y., B'k Commerce.
Aug., 1888
J. & J.
do
do
July, 1891
do
M.A N.
do
May 1, 1892
8
7
7
1
Whom.
Payable
Cent.
519.000
20
100
On
Pacific of i[lsmuri.—Roiiii. was leased July, 1872, to
Atlantic
PaciflG Railroad and dividends guaranteed. In Sept. and Oct., 1875, the price of stock
fell from 47J» to 7^, the principal causes being
a decrease of $t)02.996 in earnings since .January 1;
the failure of A.
P. to pay the October dividend
advertised, and the fact that the road was so heavily
loaded with debt to A.
P. Co.
The lease was
t
'
1872-4
Oiemrtoro <fe RuegeUvUU. Now BvansTi'.le,
ensboro A Nashville. Embarrassed.
'
100 &c.
100 &c.
100 &c.
50
50
"26
<« m. i.— 1st 111., cons, (for $10,000,000)
2d mortgage
1st mortgage, Steubenville & Ind,, reorganized..
Col. & Newark Division bonds
i
(fee.
1,000
1859
1869
1866
745
750
PitU., 0.
I
500
69.'70
36
36
10
287
do
do
do
do
do
do
£200
1,000
fund
—
1872
1868
1871
1857
1836
1836
Iron Co.. guar. mort.
Philartelnhia if: Trrnlon .Stock
Philadetphiu, Gern>an/own i£ Norri8lowii—SU>Gii
Philadelphia, Wilntiuffton i£ Baltimore—^tock
1st mortgage, convertible
Plain bonds, loan
Coal
1856
1,.'500,000
1843-0
Consolidated mort., dollar loan, coupon orreg
do
do
gold, dollar or sterling
do
do dollar lo<-in, gold,coup. or reg
Debenture loan (convertible 1876-92)
Iiuprovcm't mort. (dollar or sterling) sink'gfund.
(.sink,
$1,500,000
7,000,000
7,000,000
2,700,000
800,000
100
iiioriiragc
$ and £
itk)
1,000
l/oau mortgiige, sterling
Loan dcb<'nt(ire
(icn. mort.,
1,000
1,000
Mortgage loans inconvertible
I>ian mortgage, convertible
do
do
sterling
do
do
do
Kaflt Pennsylvania Ist mort., sinking fimd
Loan
1870
1867
1873
"82
82
82
Petersburf/ Stocli
iBt mort. lumds (payable $25,000 yearly)
2(1 uiortga>re
Fh iladelph ia it Bali. Central— let mort. (Pa)
2(1 iTiortgiige (Pa.)
Philaiirlph la
1,000
1,000
go's 1870
18
R., (sink, fimd)
<fe
l.tXH)
50
50
—
Pennsyhaiiia it iVeio York Ist mort., guarau
lat mortgage, guaranteed
Peoria <£ Bureau Valley Stock
PeorUi, Pekin A Jacksonville— 1st mortgage
2d inort^ra^e
Peoria rf Rock A— Ist mort. (after .$150,000 10s)
Perklomeii—lf\t mortgage
Coii.sol. mort., gold, giiar. P.
Amount
OlltDtBUdlog
100 &c.
55^4
Poiiomre—Stock
General mortgage, sterling
Parui <t Danmlle.—lBt mortgage
(.Mirb.)—l8t mort., gold,
1872 $500<bo.
100
1868
1,000
1871
1,000
1872 500 &o.
1872
200 1875
15'3 1873
55 >4 1871
..
Paducah * lCemphi»—liit mortgage, gold
rriiiiisiiliiv
Par
Value.
7(K»,000
& Pacific)
Atlantlo
ltd
do
do
Leavenworth, Ateh.
Size, or
! tbeae T«k'ea.
Bond*— PillMiINTEREST OR DIVIDENDS.
paijWbeiiDM.
Rate per When Where Pi'arable, and br
ings, year
156
PiUebxirg, Cincinnati it bt. iowl*.— This comleases several roads and is itself controlled by
the Penneylvaida Company, which holds a majority
of the capital stock. Annual report V. 81, p. 13.
pany
|
Of. 80, p.
»!
S58,
4*6,
491.)
1
;
RAILROAD STOCKS AND BONDS.
XXVI
Sobscrlhen will conCer a great
fltror
DESCRIPTION.
Vox explanation
at
of
coUimu
the, heart
of (Irst
br bItIok Imaiedlate notlre
Miles
beadiiiKs, in:, »cc notes
of
page of tallies.
Road.
Date
Size,
ot
of
Par
Bonds
Value.
ot
[February 26, 1876.
any error dimoTered In these Tables.
JJoadg— PrinciINTEREST OR DIVIDENDS.
when Due.
Mocks— hunt
pal,
Ainotmt
Outstanding Rate perl
When Whore
Payable, and by
Wnom.
Payable
Cent.
Dividend.
I
Piltsbnrff, Ft. Wayite
it
Vhieago
—Stock, guar.
Special improvement Htock, guiu'anteed
1st mortgaso (scries A)
let
do
do
B.
let
do
do
C.
let
do
do D.
l8t
do
do
E.
let
do
do
F.
2d
2d
2d
do
do
do
do
do
do
do
2(1
2<l
2d
3d
do
do
do
do
do
do
Pittsburg, Ft.
(*
'
K
se£
.
.
5>>S
L.
M
Wayne &
-.2
.
H.
I
408
468
468
468
468
468
468
468
468
468
468
468
468
468
468
.
n
Clnn. construction bonds
bonds (renewed)
Piltsb., 1V(. (t Chaiiestnn— 1st nioitKage, gold
Piltsb. (t Coniidlsmllr.—l st mortgage
1st
Turtle Creek division
do
Eiiuijinient
Ciiiisol.
iiiiii'lifiii,'e,
riymoiilli, Kdiih:
U
II
mil
,1-
<f-
&
(guar. B.
;««.— Ist
O.)
ni.
66
62
New
Vermont
116
Div., gold
Forll. <£ Rociieslei
1st niort.,8. f. (Portl. loan)
Ist mortgage, onual lien
2d
do
(Portland loan) sinking fund
Porllanil. Siiio tt- rorlsmoiilh— Stock
—
1876
1869
1870
1871
1871
4,100,000
875,000
875,000
875,000
875,000
875,000
875,000
860,000
500 &C
500 &c.
.500 &e.
500 &c.
500 &c
500 &c
mortgage, guaranteed by Eastern RR
<£ irorce»(er—Stock
Mortgage bonds
Readinrj d- Cn!nnibia— 1st mortgage, couiwn
2d mortgage, coupon
1 St
Provi<lence
Jteadinif rf- Lf/iiiffi—lut mortgage
ReiisscUdi' it- Sio-nfiif/ii —Htock
1st mii]t!f:igc. con'soliclated (for $2,000,000)
JticJimond ./ OniiriUi Htock
7
7
500 &c.
860,(KK)
.500 &c.
860,000
2,000,000
100,000
1 .000,000
1 ,«X),000
4.000,000
400,000
6,500,000
20,000 p.
7
7
1,000
1,000
1,000
1,000
100 &c.
£200
1,000
1,000
142
49
29
23
281
218
mortgage
till
Hand — Stt>ck, common
July, '79, coup
v
100 &c.
770,000
486,000
2,000,000
500,000
650,000
350,000
1870
1875
1868
97
190
190
360
120
18.5.5
i'26
1870
1870
1872
1869
1870
1861
1872
1874
120
120
112
170
266
New general mortgage
Joseph
(C
Dnirrr Cily—liit m. gold, E. div
Western division, land grant
Tervc Hantc —Stock
,
rf;
Preferred stock (cumulative)
1st mortgage (.series A) sinking fund
1st mortgage (.series B) sinking fund
2d mortgage, preferred (series C)
2d mortgag(% preferred (series D)
1864
1864
1864
1864
1864
1870
2d mortgage, income
Enuipmcnt mortgage
SL Louis, Iron Mountain <£ Southern —Stock
Ist mortgage, coupon
2d mortgage, gold, coupon, may be registered
Cons. M. gold
(s. f.
after 1880), coup.,
maybe
reg.
Arkausas'Brauch, let mortgage, gold, land grant
Cairo, Ark. tV: Texas, 1st luort., gold, coup, or reg.
Cairo it Fulton. 1st mort., g(dd, on road and land.
Pittsburg, Fort Wayne it C'Aicasro.— This company
having previously earut'd a surplus above 10 per cent
dividends, was leased July 186 1. for 9!)!1 years, to
Pennsylvania llailroad, at ii rent;d equivalent to interest, sinking fund of debt, and 7 per cent on $l!t,714,286 stock,' whi h was increased at that time from
$11 .500.t)0(). The lease was transferred subsequently
to the Pennsylvania Company. The lessees to keep
the road in repair, and also pay tsxes, expenses,
etc.
Pittsburg, Fort Wayne tt Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads;
which in turn are leased again by Pennsylvania Company.
New stock of $4,inO,ODO issued to Pennsylvania Railroad for improvements, Ac, is under
article 16 of lease; guaranty on old stock not
affected. Net earnings have paid lessees thus far a
handsome piofit. (V. 18, p. 453, 63J; V. 20, p. 4*5.)
"e
1,57,800
6
J.
J.
1,769,200
1,000,000
6
M.
.
100
100 Ac,
500 &e.
1,000
1,000
100
100
100 &c.
100 &e,
100 &c
500 &c
100 .fee
100
100
1,000
100
1867
1872
1874
1870
1872
1870
,soo
&
2,.500,000
1 ..500,000
8.000.000
.376, 4.55,
Portland
Ogdensburg.
—The two
rl
in
Massachu-
(V. 21, p.
<ft
Portland
<t
—
—
ing,
March,
1875, for !« years.
(V. 2J, p. 63, 2B7.)
Rensselaer d Saratjga.— Leased May 1, 1871, to
Delaware & Hudson Canal Company, which pays interest on bontls and 8 per cent on stock. In 1872-3
Richmond tfc Danville.— Groan earnings 1874-5,
$923,06; ; net, ;t32;3,447. This company leases the
North Carolina Railroad and the Piedmont Railroad,
and forms a through route with the Atlanta & Rich-
mond Air-Line, 'fhe Penn. Railroad owned $600,000
Daaville, and took $1,000,stock of the Richmond
000 of the new bonds at 80. (V. 20, p. 8, 291, 568
V. 21, p. 614; V. 22, p. 180.)
&
Bichmond, Fredericksburg
<t
Po'omac.
— Gwe
earnings, $382,298; expenses, $180,049; net earnings,
(V. 21, p. 61i.)
$2j2,21a.
is the old York & CnmNet earnings year ending
Rochester— TtxH
e rland sold out in 1865.
u gust 31, 1874, $47,288.
J
New York office.
Feb.
1.5,
st
Aug.
New York or London.
do
do
New York, Co.'s Office
do
do
do
do
May
N.Y.,Offlee 20 Nassau
*
April
June
June
I
Jan.
187
1, 189'
1, 189
1, 1911
1, 189
1, 189
1, 18911
Bockford, Bock Island
p. 135.
319, 39s,
St.
Louis.— fioid
in
f«
(V. 21, p. 87, 110, 160, 186, 207, 281,
489; V. 22, p. 135, 182.)
f
4.58,
—The
last repo
Rome, Watertoiun <f Ogdensburg
in V. 20, p. 311, shows gro.ss earnings in 18<4 i
1,132,888; expenses, $770,256; net earnings, $362,611.
Against the bonded debt the companv holds $617.18.^
The Lake Ontario Shore Road
has been consolidated with the Rome. Watertown &
Ogdensburg, and is in jirogress to Niagara. (V. 19,
V. 21, p. 442).
p. 169; V. 20, p. 8, 163, 3 i 1
in sinking funds.
;
599.)
Beading & Lehigh. This was the Berks County
road; sold out, and leised to Philadelphia & Read-
city bonds. (V. 30. p. 291, 358, 453; V. 21. p. 130,
396, 613; V. 22, p. 1820
<i,'i874
1894
1894
1894
1894
1894
1880
st
do
do
do
do
do
2-2.
Columbia. This road is operated and
controlled by the Philadelphia & Reading Railroad.
Floating debt, $ ,093,494.
vj^iions
do
do
do
do
do
A.
p. 372, 434, 59i.)
Beading
were
consolidated March 187.5 as one company, and a
mortgage of ^SjOOOiOtO on whole line is proposed.
In March. 1876. Co. passed the interest on Portland
,ft
1875
1881
closure August 16, 187.5. for $1,320,000. $5,000,000 J
the bonds have a priority. Distribution after sale,"
$l,370,u.,U.
608; V. 20, p. 357.)
N. Y., Office 12 Wall
J.
Providence <fc IlorcMter.— Net earnings year ending September 3U, 187.5, $230,278; floating debt,
—
187.5
Office.
Portland, Saco <fc Portsmouth— IximeA March 18,
1871, to Eastern Mass. Railroad for 99 vcars at 10
per cent per annum; modilied Dec, 1875, (V. 21,
— Opened
.314, 491; Y. 21, p. 372.)
Fort Huron eft Lake Michigan This forms part of
the Chicago .& Lake Huron consolidation, witn Peninsular of Michigan. Interest was in detaidt Nov.,
J87.3, and coupons funded for throe years.
(V. 18, p.
Richmond,
do
Richmond,
July
A
A
F. A
M. A
M. A
M. A
3
F.A
7
7g. M. A
7 g. J. &
7g- J. A
7g. J. A
7 g. J. A
7
7
7
7
7
10
4,000,000
6,000,000
1,617,000
Portsmouth, Orexit Falls c6 Conwaij.
1872, and is leased by Eastern Railroad,
setts.
Pacific,— Va foreclosure.
London.
J.
"3
the net surplus to lessee was $201,597. (V. 20, p. 244.)
Plynwiith, Kankakee
(V. 19, p. 120; V. 20, p.
,
New York or Richmond
O.
A.
—
161.)
1875
i
300,tKK>
1 1,248,950
1,000
1,000
1,000
1,000
1,000
1.000
1,
1875 to '90
I
2,300,000
2,468,400
1,100,000
1,100,000
1 ,400,000
1 ,400,000
1 ,700,000
1,000
1,000
Jan.
Office.
1880 to '86
A O.
•?
Aug!,' 1918
F. A A. New York and London
I'- J. A J. N. Y., Farm. L. A T. Co July 15, 1879
do
do
Sept. 1, 188ff
M. A S.
7
do
do
Dec. 1, 18911
J. A D.
7
do
Jan. 1, 189ar
do
J. A J.
7
do
do
July 1, 190
A. A O.
7
"3J38 F. A A.
Boston, Treasurer.
Feb. 2, i87S
do
May 1, 18801
do
M. A N
7
do
do
Sept. 1, 188f
M. A S.
8
do
do
Nov. 1, la
M. A N.
8
Aug., 1809]
8g. F. A A. N. Y., London A Frank,
do
do
May 15, 190
8 g. F. A A.
5,.500,000
500 &c.
A
A
J.
8
8
1886
Oftice.
do
N.Y., City Nat. Bank.
do
do
1888
6-70 A.
.500,000
500 &e.
Richmond,
A J
AN.
6&'f' Various;
500,000
1,192,000
1,.500,000
1,000
a" J.
!«•
175,000
50,000
9,000,000
3,147,600
799,900
1,200,500
1.000,000
3,000,000
2,479,700
4,168,700
1,600
F.
Port Poyat. The Georgia Railroad guarantees
$500,000 of these bonds; balance in default. (V. 20,
p. 291, 453; V. 21, p. 78.)
Pittsburg Tirginia tk Charleston. —Of these bonds
the Pennsylvania Railroad owns $.'500,000.
Pittsburg Washington eft Baltimore.— ThU was formerly Pittsburg & Connellsville. Interest was in
default to city of Baltimore, which owned a large
amount of the bonds, and a transfer was made May,
1875, to Baltimore & Ohio RR. for $1,0110,000. (V.
18. p. 528; V. 19, p. 17: V. 20, p. -291, 546; V. 21, p.
]!B,253,
686
210
210
686
100
72
1,000
J.
6
7,000,000
1,925,000
4,000,000
600,000
500,000
500,000
67,778
299,917
1873
Philadelphia.
7
,"
1,500,000
2,500,000
1874
1,
1,
1,
1,
1,
1,
1,
1876
1876
1912
1912
1912
1913
1912
1912
1912
1912
1912
1912
1912
1912
1912
1887
1884
f
700,0<K)
100
1,
1,
1,
1,
1,
1,
1,
1,
i",
350,000
450,000
1,000
4,
3,
A J Bait., Bait. A Ohio RR. .July, 1898
A A Pittsb., First Nat. Bank Aug. 1, 1882'
6 g. J. & J. London, J.S.MorganACo
"l901
New York.
July
7g. J. A J.
New York.
May 1, 1809
7 g. M. A N.
Jan., 1900
6 g. J. A J. Boston, Firet Nat. Bank
do
Nov., 1901
do
6g. M. A N.
May, 1801
fig- M. A N. New York and Boston.
Boston,
Columbian
B'k.
July
6
A
J.
1, lS8r
J.
do
Oct. 1, ISS'Tl
A. A O.
do
7
do
Sept.
Various
do
1, 1891
6
Boston, Oftice.
Jan. 1, 187|
5
J. A J
M. A N New York and Loudon. Nov. 1, 1889
I'- J. A J Bost., Eastern BR. Co. July 15, 1873
do
do
Dec. 1, 1892
J. A D.
6
Providence, Office.
Jan. 1, 1876
4
J. A J.
do
do
Julv
1, 1880
J. A J
6
7
M. A S. N. Y., Union Nat. Bank. Meli. 1, 1882
Nat.B'k
June,
1884
7
J. A D, Columbia, First
"4'
Jan. 1, 1871
J. A J N. Y., Nat. B'k Com'ree
Nov., 19211
M. A N N.Y., Del.A H.Canal Co.
7
m
ick)
1871
Preferred stock
E(iuipmcnt mortg.age bonds
do
do
1st mortg.age.
Louis, A lion
7g.
295,,500
if:
SI.
8
800,000
1,124,000
2,300,000
stcr
Hirhmtmil
PetersbHrjj—\»t mortgage coupon
New m<n'tgage
Poc/cford, Rock 1. <£ St^ Louis— Ist mort., gold
Rome, Walerlown d: Oi/tleusburi)—Stock
1st sinking fund mort., Wat. & R
Cicneral mortgage, sinking fund
St.
7
7
1,800,0(X)
Coupon bonds of 1 88 1
Jill
7
1 ,.500,000
181
142
8tate sinking fund loan
Bonds, giiii I'antced by State
Consolidated mortgage, coujion or registered
Ni'w gi-ncral mort.. gold (for $6,000,000)
Picduionl liranch. Isl nu»rrgage
Niu'tlnvcsteru, N. ('., 1st moi-t.,guar
Consul, mort., convert,
7
7
7
7
860,OtK)
i'si
—
2(1
7
860,000
860,000
500 Ac
Q.-J. N.Y., Winslow, L. ACo. Jan.
do
do
Jan.
Q.—J.
do
do
July
J. & J
do
do
July
F. & A.
do
do
July
M. & S
do
Jvdy
A. & O.
do
do
July
do
do
July
do
J. & D.
do
do
July
J. & J
do
do
July
F. A A
do
do
July
M. & H.
do
do
July
A. & O,
do
do
July
M. A N.
do
July
do
J. A D
do
A. A O
do
July
Jan.
J. A J. N. Y., Winslow, L. A Co
do
do
Mch.
M. A S
7
7
.500 &e.
1867-9 ,500 &c.
52 »2 1870 ,500 &c.
5213 1871 500 &c.
52
100
111% 1869
1,000
71
100
71 1872 500 &c
67
100
44 1870
i,eoo
50 1862 100 &c.
50 1864
1,000
—
& Potomac — Bonds,
18.59-
100
.500 &c.
.500 <fec.
.500 &c
,'i2ia
Porl Hiijial iS. C'.)— 1st mortgage, convertible, gold.
PortsmoiiHi, <lt. Falls if: Coiuraii Stock
Rirh^tl, I'rcdci'iclisbury
I>ollar loan
1868
1671^ 1871
($3,600,000)
I,.
1st mortgage,
1871
1862
1862
1862
1862
1862
1862
1862
1862
1862
1862
1863
1862
1862
1857
1874
149
10
149
,Ui>/i.— Ist raort., traf. guar
Povllaiiil if: Oiidciish.— 1st mort., E. D., gold
mortgage (for $3,300,000)
Port
1%
1%
$100 $19,714,285
Richmond <fc Petersburg.— Gross earnings year
snding Sept. 30, 1875, $161,9:J5; net, $78,231. Bonds
due and not presented, $99,500; bonds paid oS,
$50,500, (V. 22. p. 16.)
1871, to the Verm n»
Terms modified in July, 1874. Default
probably
be cancelled.
leise
will
rental,
and
made on
(V. 19, p. 120; V. 20, p. 186; V. 21, p. IS.'J, 490.)
Rutland.— Leased .lanuarv,
Central.
St. .Joseph * Denver Cfilij.-The road was sold in
foreclosure Nov. 4 and 5, 1875 (V. 19, p. 40, 518;
V.21,p.40, 418, 412,
St. Louis,
Alton
<fc
.503.)
Terre I/aute.—Ttie main Itnc-
St. Louis— w.is leased June, I861,
St. Louis at 80 per
for 90 years, to Indianapolis
cent of gross earnings up to $2,000,000 (but in no
year to be less than $4.5<>,000). In 1874 gross eariv
ings were $1,254,136, against $1,318,652 in 1873. In
1872 the company paid three years' dividends on
preferred stock in the same, increasine said stock oy
$4!8,4ilO.
The Belleville Branch, and Belleville ft
Southern Illinois (leased) earned not in 1S74, $259,661
(V. 18, p. 584, 608; V. 20, p. 380, 546. 571; V. 21, p.
Terre Haute to E.
&
64.1
<t Southern.—Gross
St. Louis, Iron Mountain
earninas, $1874, $3,244,070; net. $1,215,163. Consolidation was made in 1874 with Cairo & Fulton
and Cairo, Arkansas & Texas. In March, 1875, the
company issued a funding circular, proposing to
fund three coupons on all bonds except the old tlrsw.
(V.
18, p. 351, 400,
V.21,
p. 614.)
4S0; V. 19, p. 144; V. 20,p. 944, 618,
.
BAILBOAD STOCKS AND
February 26, 1876.]
SakBcrlber*
nrlll
confer
a great
For explanation of
coliiifin IiiiiMltiiK>!. Ac, huo
heiul of llrat paite, of tables.
Miles
Date
8lie, or
of
of
Par
noteH
BOJSTDS.
ffpi
kItImx Inmedtate moller or aar error dUeovareA la tbeae TakUa.
Ifcror fcy
DESC:RIPTfON.
at the
)
...
Road. Bonds
Amount
Oiitstaiullng
Value.
INTERFST OR niVlDEND«<.
When Where Payable, and
Rute
IHtr
Cent.
Payable
Wliom.
1
582
Kiiiimf Oily ,t A'.— Stock (*1-2,(K)0,000 pref.)
1 Bt lUortKajfC (NoitU Ml«n(>ml)
Real istutc and railway niort. (for $3,(H)0,0<)0)..
fit. J^ouis, Ldn-irncc tC l}i',nrr.r—\t^t iiiort., KoI*l
St. Louis if ."^nH/hrnstcrn—Xst in., frold, coiiv. «. fiinii
SI. L.,
354
210
420
CoiiHolldatcil iiiortKasi', Kolil, HliikiiiK fund
Evansvlllii, Urndcrson >t Nimlivlllr, iBt niort.
SI. 7<»i(M, yiimlaliii rfi Trrrr Itaii/r—lM ni. «. t.gxmr.
2(1 niort.. sink, f., jj^iar. (i(ll,0(K),0()Oc<>ii. notf^iar)
Incoin*^ bondK
SI. I'liiil d- l'uri/lc—Rrnnv\\, iHt niort., on 10 iull«8.
iBt niortKUKii, St. Paul to Sank Uaplds, SO iuIIch..
2d niort. on 80 m. and l«t ini l.»cr. of ;)07,2OO iwrs.
1st niort., Wp.st ormain lino, lanil Rrant
08
l.'iS
158
"
*
Swui CUy—Prnt. stock, various isauos..
Stock
Siicrnmenln Yalleu, (Cnl.)—l»t niortKaRe
Sdiidiisky, ilanKjieltl tg jVeirar/.-—Stock
iMt niort., new
Savitniinli tt Vliarleslon C.
8., ^nar. by S. C
l'"uiidi(l int. bonds, S.
C. Rli., jBtuar. by S, Car...
iHt niort. Siivannali
CharlCBton
Suroiiiiiili <f .MrmphiK—lKt niort., cud. by State
Srh iii/ll.ill V«//c.i/— Stock
— &
d-
RR
^dooiiofrc—Stock
«K//— ist mort.,
Cicncnil
Shore Line (Vonii.)—litw\i
IstmortKaKc, I'on.stnictlon bonds
Sioux Cilj/ <£• Piififle—lni niort siiste
Puul—IM
grant
Ist iimrtKaKe. currcncv for ^i2, 100,000
SnmersrI—lxl niort siiirc, ({old
South Carotiittf- SUn-k
2d niortgnKC (for $,'i,000,000)
Domestic bonds (I)
2d
...
niorts.i;re S. Side (Ist iiiortj;. s. fund)
MortK.iKc lionds Soutliei-n of I,. I
SoiUhrrn Ccnlrnl (,V. I'.)— Ist niortRase
2d niort. jfold (:{!t00.000 end. bv Ix-iiiKh V. RK.)
Soulhern, lotmt d- Vedar Rapids— \nt mort., tcold
SoHlhern Minne.sola — 1st mortgage
2(1
.
-
mortgage
Soulhirnratiflc (Cal.)— 1st mortgage, gold
Southern Pentim/lranin—\>it iii()rtga.g(s gol(l
:.
Soulhweslern ('io.j—iitovk. ^'iiaiaiifd 7 per annum.
Company lioiuls. coiivcrlililc iiilo stock at par
Muscogee RK, bonds, convertible at 87>3
Snriniiililil, Alhol d- .V. A,'.— 1st niortirage
gprinfijleltl, Deealur d- Illiiwis.- 1st <fe 'id mortgage
.
Slerlinii
Moimlnin
(.V.
1st
:
by
23
80
....
....
A
Haute
Iiuliuiispoli..!. by Columbus.
Chicag.) ilt
Inrlmua Central, and Pittsburg, Cincinnati
St.
Lonis. (V. 18, p. 631.)
St Paul tt. /"((Ci/fc.— The bonds are nearly all held
abroad, and an uirreement for re-organization was
made by Dutch bondholders Nov., 1875. (V. 20, p.
A
*!9; V. 21, I). 186, 2«, 4)8; V. 52, p. RS. 159.1
5* I'aiU
Simix C'i<y.— This company has a land
grant of 708,43fi acres.
The s'ocks are secured by
liens, there being no bonds issued.
(V. 19, n. 191;
A
544,
516.)
1875.
15,159.)
1.
Sanrliiehi. MamfieM cfe .Vewari.— This road is one
of the Boltlmore 4 Ohio system
It is leased to the
Central Ohio, and the lease guaranteed by Baltimore
ft Ohio.
(V. 19 p. S84.)
Savannah <fe 6'/w;rfe^ton.— interest in default. Road
in hands of State Comptroller.
(V. 20, p. 453 491V. 21, p. 11!)
;
Savannah eft Memphis.— Tha road was in process
hut becime embarrassed after the crisis of 1878. and
passed interest. A funding proposition was offered.
CV 19, p. 366.-I
SchutjtkiU Fo&i/.— Leased to Philadelphia A Reading, with 10 per cent dividends.
1,278,400
210,000
1,0()0
16,000 p.m.
1,000 16,000 p. Ml
838,500
241,000
3,000,000
50
869,450
500 &e.
2,000,000
1,000
750,(00
694,(00
500 <ic.
795,000
100
1,000.(00
100 &c.
200,000
7
5
.500,000
2,(K10,400
1,000
1,000
1,000
1,400,000
270,000
500,000
50
2,502,2.50
1
1869
1873
Seaboard
MTch
Set7/i
ft
1, 187.i,
I.
Selnvt,
and
V.
(f.
&
roa-1 to
6
J.
A.
A.
7'
7
7
7
3
A.
,T.
g-
J.
F.
A.
(V.
:ifi(i.)
(V.
tt.
19.
Macon.
««
1886
1872 to '76
Boston, Elint Nat.
.J.
New
Bank .TuIyl,'83to'93
A
A
A
A
A
A
was formerly the
Interest in default
p. 40.)
/W/wl/fe.—Ix-ased February,
1
new
In Julv, 18*3.
moiir City <t /'(jd/fc.— Tliis
is one of the United
States (TOvemment siibsidi'.*ed roads. For year ending June 30, 1874. gross earnings were -319.819. and
net earnings $56,11.5. Pays 7 p.
pref. stock.
|;169.80', 8cmi-niinuilly, .\. & O.
(V. 90, p. 8.)
Sio'ix (My (f St. /"iix/.— There are also $485,000 sd
mort. bonds and 8160,OiXi enuipiiient. Net earnings
Ijmds, h2!).832 acres. (V. IB,
in 1«74 were $89.;t65.
p. 627; V. 19/p. 191: V. 20. p. .'544.)
Somereel.-TtAs road is leased to Maine Central.
So>i'h Carolina.— Oro'n eaminsrs in 1874. $1,363,972; operatlnrr expenses, $8ft''l.ftl5; net earnings.
$515,151 (a decrease of $61 ,0118 from IBW.) Annual
report in V. 80, p. :<.'>6.
.South tt North ^'<7ftffm//.— Tills road Is lea«ed and
operated by the Louisville A Nashville, wh'ch gnarantcci theljonds. Preferred stock, $1,500,000. (V.
con
IW.)
Southern of Ijon^ /jjton^.— This Isisnccssorof
South Side, and operated with Finshlng N. Shore A
Ther..* are also
Central under one management.
$60,000 6 p. c. mortg. bonds on Rockaway Branch.
and $75,000 7 p. c or Southern Hempstead Branch.
1885
York.
.\nisterilam.
N.Y'.,D.L.AW. RR.Co.
0.
do
do
I).
do
do
Df^e. 15,
Ot-t.
I,
1875
1876
June, 1887
J. N. Y.,Faniicr«'L.A T.Co. .Inly 1, 1901
A. Pliiladelpliia it Bo8t(m. Feb. 16, 1876
J. N. Y.,Farmei's'L.
0.
do
A T.Co.
do
.Tan. 24, 1876
Jnl.v. 1879
1893
Southern
York State
276.
proposed line was Selma to
l«ti3, to North. Cent, at 7 p.c. on bonds and 6 on stock.
Sheboygan A Fond, dn Lae.—ThW is one of the
Wisconsin roads in progress in 873 which went to
default. A funding plan' has been offered.
Shenan/jo <k Al'^ghany.—'VM^ is one of the leased
lines of the Atlantic A (Jreat Western, on which
"rental trust bonds " were issued.
The net earnInL's 1873 were $8(j,«51.
.Shore /.f/i.^. — leased to New York & \ew Haven
at $100, "01) pervear. Old stock was exchanged for
18, p.
A
7g.
Inter-st in default.
Jfcm/i'/M.— Defaulted 1873.
J.
Dec.
J.
sold.
Valley
June, ]«9l
May, 1871
1«W'! to
I.,«iid(ni.
A.I.
.1.
J.
(>
4
5
1". p.
J.
J.
A
J.
7
7
Rciiort V. 21. p
A
Various
Various
7
7
800,000
800,000
tf J)mlon.—'\'\\\»
Tennessee Itiver.
be
.T.
7
7
,200,000
Rome
Shimoldn
Q.-F. Charleston, 8.\V.RR.B'k
g.
1,988,1,50
J181.1.12.
J/f/rio-t
Alabama
.r.
Roanoke.— yd earnings year endinji
Poll.Trd, too miles.
.Selina.
.r.
g.
50
....
.r.
.1.
1,000
& GW/.—The
17, p. 1.56. fi.50;
A
A J. N. Y., E. Kelly A Co. Jnly V,' 187,%
1st N. Bk.,8aii(IUKky,0. April 1. 187Si
A J. N. Y., ITnlon Trust Co, July, 1902
M. A 8. Charlestim, 1st Nat. Bk. March 1, 187T
M. A S.
New York,
Sept. 1, 899"
J. A J.
do
Jan. 1, 1«89<
M. A N. N.5'., haucaster.B.A Co, May t, I«90'
iJ. A
I'lilliulelphia, Ofliee.
Jan., 1876
IM. A N.
Nov. I, 1876.
J. A
N. Y., Imp. A Tnid. Bk.
1880
'A. A 0. N. Y., Rod<Vv, Bell ACo.
.lau.l, 1890'
M. A 8. N. Y., If. (lews A Co. Sept. I, 1889'
J. A J.
New York Ofliee.
Jan. 1, 1872
J. A
do
do
Jan. 1, 1804
A. A 0.
do
do
Apr. 1, 1M«7'
F. A A. Philadelphln,Tieii8iii-cr.
Feb., 1876
J. A J.
do
do
July, 1901
J. A D. N. Y. City Nat. Bank.
June, 884
A. A 0.
do
do
Oct., 18!lfi
A. A 0. N. Y.,N.Bk.ofConrr((!. Apr. 1, 1889A J. N. H., Nat. N. H. Bank.
Jan., 1876
M. A 8.
do
do
Sept. 1, 1880
A J. N. Y., N. Park Hank. Jan. 1, 1898
A J. U. S. Trens., at maturity Jan. 1, 1898
M. A N. N.Y., Mctropol. N. B'k.
M. AN.
do
do
Nov., 1901
'
,300,fKy)
ioo
I89Z
do
I
000,000
1 ,500,000
3,340,000
1,252,000
14,346,000
625,000
3,892,300
399,000
1,600
18«»2
]x>iidou.
A
New York.
1882 to '88
A 0.
do
Oct. I. 1902
7
A 0.
Charleston.
Aprll.lMOl
6
J. A J.
do
1880 A 1892
H g. J. A J. N. Y., Drexel, M. A Co. Jan. 1, 1800
«g. M. A N. London. B.Trliig Bros.
7
M. A 8. N. Y., Oallatlii Nat. B'k Mar. 1, 1^7
do
7
M. A N.
do
7
M. AN. N.Y..Omcell Mercer sf
7
F. A A.
N. Y., Verrallye A Co.
An.?. 1, 1S99
do
7 g. M. A S.
do
Mar. 1, 1882
7g. M. A N.
May 1, 1900
8
A. A 0. N. Y'., P. M. Myers A Co.
1878 fo '88
7
J. A J.
do
do
1890
« g. J. A J. N.Y.,C. P. Huntington.
7g. M. A 8.
Mar. 1, 1900
31^
J. A D. Savannah, ('unt. RR. Oa Dec. 30, 1875
739,000
1,290,500
66,000
391,000
5,355,000
1875
1850
1867
1871
rxim
r,
.r.
1
916.,500
1865
Ma/
March r, 1001
TK92
1
7
450,000
30
g.
4
5,819,275
1,483,777
416,000
3,650,000
350,000
Aug., 11102
July 1, 1M97
Jan. 1, 1897
do
(In
KHM
1801
,T.
7
8
100 Ac.
Nov.','
1
g.
8
1,210,000
,500,000
'"7
3
7
7
7
100
.1.
D.
N.
N.
I.IWS
.1.
7
8
7
500,0(
1,000
1,000
do
Joly
Hrpt. 1,
.T.
1,628,020
1,0()<)
do
Ofliee of Treasurer.
N. Y., Maiihaltan Co.
N. Y., Dnxv.i, M. A Co.
1
l>n«-
1873 to -TS
8
1,000
1,000
100 Ac.
(In
N.Y., Third Nat. Bank.
M.
,T.
8
6
6
1,.500,0(H)
1872
1870
1808
1868
1870
A
A
A
A
A
A
When
Mlurkt-lMH
.1.
4
l,<i29,0(;0
l'86i)
"
2»2
500 Ac.
500 Ac.
7.50,000
"80
73
(V. 19, p. .J77; V. vl, p. 372.)
St. Loui^it Soiithenftern.— In default and In hands
of receiver. See report at length la V. 22. p. 18 It.
(V. 81, p. 1.37, 418, 442; V. 28. p. 88. 181.)
St. Louui, TandaHa <t Terre Ifanle.— The. com.
stock Is $a.:i78.1.5S. pref. *I.281,7i'fl. This road Im
leased to Terre llante & Indianapolis at 85 per cent
•f gross earnings.
Bonds gnaraiitucd by Terre
20, p.
100
10
8
10
2
7
6
7
7
8
M.
do
J.
J.
March
g.
" g.
1,250,000
'.'.'.'.'.'.
tees.
Sncramenio I'li^ey.— Bonds fell duo July
and 5 p. c. notes offered In payment. (V.21, p.
.50
16,(HK) p. III.
576,0.50
100
18C8 Various
1868
500
1872
1866
500
100
1868
1870
1,000
1873
45
20
St. Louis, Lawrence <fc />snti«r.— Leased to Pacific
of Mo. A decision of much interest to bondholders
of leased roads was reiirlered byJndse Dillon in a
enit against the ie-sec for interest, hut that suit was
discontinued, snd another bruiight in name of Trus-
V.
.500
I, (MM)
1871
1864
1871
1869
1871
1871
1871
mortgage
SLLmeis, Kaii-<M City cS .VortAcm.— Half the B»ock
preferred. This company took pos-^e-slon Feb. 7,
1,037,553
2,306,500
505,000
111,800
500.000
100 Ac.
1870
1869
i22
124
C. P.)
1872. (JrossearniiiijsiiilSrt, $2.<l05.«.'in: net, *6B1, 1127.
(V. 19, I). 190, 218; V. SO, p. 475, 571; V. 21, p. ISO.)
M.
40
1865
1868
2(1 inoi-1 1,'age
Is
J.
J.
5(K1
81
81
81
Siniriise Xortheru.—lat mortgage
S'lmiiiil Urnnih. (/'«.)—Stock
S'lnhiiri/ d LetrixUin—\f,i niortg.age, gold
Terre llanle <£ /iir7Mmajjo?i«— Stock.
1st mortgage
Bonds ot 1873 (for $1,600,000)
7
7
Nat BkutCom'rM
do
do
H.
.r.
15,(KKI,(KM)
4812 1871
r.)— 1st mortgage
Stockton d- Copprropol is— iHf mort. (gu.'vr.
Syraeuse. llini/hainlon <t N. r.— Stock
7
1853
1868
1869
1870
183
183
57
57
57
116
117
87
170
170
386
24
257
.\labama
AN
Side)
.M.
.50
Domestic hoiids (K)
(S.
M.
8
1,000
242
242
242
Smitheni or/.oni; Inland— \nt inorlKage
7
7
120,000
700,000
1 ,200,000
186!)
,
loan
dollar bonds, (LI
.stoilini;
So. d-Xo. .l/<(/(«))if(— 1st inort., endorsed iiv
Slerliuj; iiiorl .'aw, guaranteed bv I..
2,(100,000
1,IKX),000
1
1,000
,50
2(1 iiiortKasro (Kovernnicnt siilisid\')
mill <£ St.
iiicirli;Mf.'(>, ^ol'l, I'd
,000
1,000
1
1855
105
N.
1
400,000
400,000
32
50
inortgaRe
,000,000
,899,000
N.Y., Nat Blf of Coni'rcf
v. N. Y., (1. Opdyke A Co
A.
do
do
J. N.Y.,
pal.
Dividend.
A
K.&
M. *
?«• F. A
A
7
J. A
J.
1,0<K»
1,0<H)
1,576,000
28
45
40
—
do
500 *c.
"28
Shniimh-iii
d
1st iiiMitttatic. fiolil. on road and lauds
Sheboi/iiaii d: FonrI <Ih Uie
Int mortgage
1«l iiiortKase extension
Ist nKH-tfjatrc,
l',(»00
1872
1867
1867
1868
1871
100
100
liiort>,M,i;c for $5,00(),0(H)
Viillii/
I'oll.\rille—fitork
Sii>ii.r
6S>-71
100
.50
d-
Slieiiaiii/o d- .ille!/lmni/—lKt
7
1871
46
(.niaranteed by Alabama.
Meinpliis—XM niort., end. by Ala..
Selmil, Homed IkiUott-AM iiiorti^'a^e
2d niort., .Miibiiiiia & Tchucbscc KR
</
Srima, ilarion
7
1,2,50,000
1 ,020,(MKI
3,2.50,000
2li<K)0p.ni.
»,000,(KM)
6.(K)O,00O
idi
iRt niortcaffc
Sihiia
O.UtKMNW
10
207
370
121
121
40
116
116
101
SI. I'liiil it
Seaboard
i|i24 ,000,000
80
80
inort., West or m.iln line, land Krant
IhI niort. 8t. Paul
PaclHr land Kiant
&
$100
1,000
1,000
2.50
2d
&
1865
1874
3,54
Ilondt-frtoetI
bt
-Forms an extension into New
which company en-
0;rt^r.(i.-
for Ix'high Valb-y.
dor es $40o.0«'10 of second mortgage bonds.
South Intra tt f-V'M'- AV(/n</*.— In progres.s. Ottnm*
wa to Cedar Rapid'. In.
.Southern Mi.nnew(n.—.\ foreclosure was agreed
upon by mortgage bondholders. Land gnmt Is at^init
l,790.0(i0 acres.
(V. JO, p. 6:), 291. .571; V. 21. p. 78 )
Soiithern Pac'flc (Cn'.)--This road is In progress;
has about 20 ilulcs built. It Is constrncfed by the
'*
Western Development Cty..^'* and eontrollca by
Ontr.1l PaclHc panics. The stork l< $52,412,200.
In t874-.5. on Iiil miles opcraUsl. the gross eariiings
were $1,230,951 gold, ana net earnings, $7.30,4 d gold.
(V. 2l.p. 160. 231.
«1
I.)
Southern Penn^yleania.—Thitt I* a mining and railroad company, re-organized In 1878 aftt-r foreclosure
under second mortgage. The road is leased by the
Cum)>erlflnd Valley.
.S^uthicff'ern Georgia.— \jeA*Qt\ to Centrsl (w-orgia.
Dividends 8 per cent a year to every 10 per cent ««
Central Oeorgl^ stock, but 7 per year is gHarantecd.
SpHnfifffM, Athnl .* yort/iMJttern.. -Net earnings.
1874-.-). 837.108.
(V 21, p. 690.1
Sin-ln<iHtld, D catur * lUinolf.— Consolidation.
See V. 81. p. 489.
'Sterlitg yoimt.aln.
"tt^\ of road and e4iHlpment,
$502,468.
TIel earnin;" 8r2-.3. $l.5,«r3
Sloetlon ct Co/mec'v i*. —Defaulted July. 1K74.
and old bonds of $I.(K>0,00(1 exchanged for present.
(V. 21. p. l.)9. 160. 316.)
—
Syraciiee. liinahnin/ ••> <f Xew )"o;l-.— Oix-r.ited by
Del. L.
W. nivldenrt In 1875. 4 per rent.
Sitracujte .Vor^Af»*n.— Sold in forecbisnro Julv. 1875,
under a 3d mortgage and bou 'litfor It. \V. A (>g. (V.
21, p. 160. 319 )
Summit TJrairA.—This is a coal road, and leases
Lykens Valley.
Nei e.arnlngi' In isrt, $2S7.4."n.
A
Sunbury tt LeictMon.—&>\A in foreclosure M»jr,
and reorganized. (". 28. p. Sh. Ill
7'«rr« Haute * /n/flanrt/xrfi*.— Annual report In V.
Net earnings in 1874, $880,041, against
80, p. 498.
1871
$888,188 In 1873.
.
;
..
RAILROAD STOCKS AND BONDS.
zzvfii
Snbtcrtbers
-will confter
February 26,
a great ftevor by glTlnK Immediate notice at any error dtaeoTered In theae Tables.
DESCRIPTION.
INTEREST OR DIVIDENDS.
MUes Date Size, or
Amount
For explanation of column headings, Ac, see notes of
Far
Rate pel' When Where Payable, and by
of
at the head of ilrst page of tables.
Payable
Road. Bonds. Value. Outstanding
Cent.
Whom,
Texas (t Pacifle— lit mortgage, gold
2d mortgage, cousolklated, gold
Toledo, Peoria (t Warsaw— Stod
Ist prefon-ed
2d preferred
1st mortgage (W. Dlv.)
4743
(Toledo
of 1859)
Consol. niort., (on all except St. L. Dlv.) convert'e
2d consolidated mortgage, gold
1st mortgage, (Decatur & East St. Louis)
Hannibal & Naples Ist mortgage
—
2d
do
Lafayette, Bloomington, & Miss.— Ist mort
liafayette, Muiuic & Bloomiiigton, 1st mortgage
Troy
rf-
100
lieij 1866
M
mortgage
& Wabash)
2d mortgage (Wab.ish & Wptitem)
do
.100
110% 1864
(
Boston— Stock
.
let mortgage, consolidated
CoBvertiblc bonds
$1,000
ioo
11612 1866
Oonsolidatod mortgage (for $6,200,000)
Ist mortgage (Burlington Dlv.)
Toledo, Tiffin rf- Easi.— 1st mortgage
Toledo, Wabash <e Weslerti Stock
Preferred 7 per cent stock
1st mortgage (Toledo & Illinois)
Ist mortgage (Lake Erie, Wabash & St. Louis).
let mortgage (Great Western of 1859)
1st mortgage (Quiucy & Toledo)
Ist mortgage (Illinois & Southern Iowa)
do
1872
247
247
247
Ist mortgage (E. Dlv.)
Sd mortgage W. Dir.) convertlWe
2d mortgage (Great Western
Equipment bonds (T. & W.)
227
10
24
628
1870
1871
1872
75
167
177
29
27
75
167
180
242
525
628
109
43
43
82
37
35
35
1853
1853
1865
1865
1862
1858
1858
1859
1863
1867
1873
1869
1868
1870
1871
1871
1,000
1,000
1,000
1,000
1,000
ioo
100
1.000
1,000
1,000
1,000
1.000
250 &c.
100 &c.
1,000
100 &c.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
100
1874
1,000
500 &c.
Ti-ou 77nt«n— 1st mortgage, guaranteed, T^oy City.
"2i8
Tuckerton—l»t mortgage
29 1871 50(j &c,
Union Paciyjc—Stock
100
1,038
let mortgage, gold, on road and equipment
1,038 1866-9
1,000
2d
do
(government subsidy)
1,000
3d
do
on road (M on laud), sinking fund. 1,038 1874
I-and grant bonds on 12,(XM»,000 acres
1867-9 1,600
Omaha bridge bonds, sterling, £500,000
£200
1871
union Pacific, Central llrancli— Ist mort., gold
100 1866
1,000
2d mortgage (government subsidy)
100 '66-7-8 1,000
Vmted N. J. Rit. a Canal Companies—Stock
100
General mortgage, coupon
1,000
1871
United Co.'s mortgage, sinking fimd, registered.
1871
do
sterling loan mortgage, sinking fund
1871
aO
do
do"
do
do
1871
do
dollar loan, mortgage
1871
do
bond to State of New Jersey
1871
Joint Co.'s mortgage, sterl'g, s. fd. (£262,000).
1834-7
do
plain bonds
do
do
*
do
consol. mort. (sink'g fund after isSO)
1862
N. J. RK. & T. Co., 2d loan (now Ist), plain
1868
1,000
do
do
3d loan due State of N. J
1868
Utah Central— lut mortgage, gold
1,600
361a 1870
Utiea (fi Black River—Stock
75
100
let mortgage bonds of July, 1868
75 1868
Mortgage bonds, 2d issue
1871
"65 1875
XJllca, Ithaca <t Elmira—l»t mortgage, sterling
1,000
yaUeyiVa.)
..
....
1873
"73
Yermont rf Canada—Stock
Bonds, guaranteed by Vermont Central
1871 500 Ac.
Mlssisquoi Railroad bonds
1871 500 &c.
Vermont Central— 1st mortgage, consolidated
1866 100 Ac.
2d mortgage, consolidated
1866 100 &c.
Equipment loans
1866-9 500 &0.
Stanstead, S. & Chambly bonds
1867 100 Ac.
Income and extension bonds (to pay float'g debt)
1872
1.000
Vicksburg <£ Meridian— 1st series (red endorsed)
140 1866 500 Ac.
2d series (blue endorsed)
140 1866
1,000
3d do (black endorsed)
140 1866
1,(X)0
4th do (not endorsed)
140 1866 100 Ac.
Special loan, funding mortgage
1871 100 Ac.
Vermont tt Massachusetts—SioA
"so
100
Ist mortgage (sinking fund $7,000 per year) ......
77 1865 100 Ac.
Convertible bonds
500
80
do
do
1,000
Texas <t Pacific.— K history of the company is
given in the annual report in Chronicle, V. 21, p.
Z29. Land grant bonds had been is aed, but new
arrangements were made with the construction company. See report. (V. 19, p. 397; V. 20, p. 63; V.
21, p.
249,
324.)
& Warsaw.— IntcKst
ToleJo, Peoria
December,
Passed into
1873.
in default
receiver's hands
February, 1874.
(V. 21, p. 160,
Foreclosure suits commenced 1875.
372, 505, 59.', 614; V. 22, p. 159.)
Toled , Wabash <e Western.— Operations for four
years compared as follows
:
Gross
lera
earnings.
$5,738,807
W!«
1871
1870
Net
Operating
expenses.
earnmes.
$4,4117,378
$1,:181,429
4,3»i5,144
3,r76,ftJ8
3,2:16,265
l,<il3,834
6,018,978
5,736,666
4,&44,641
l.fl5i),88S
1,308,370
Alater report tojune 30, 1874, was in V. 19, p. 480.
Feb. 1, '75, default was made on interest and a fun'iing
proposition offered, but not accepted.
Mr. J. D.
Cox, the President, was appointed receiver Feb. 22,
1875. Decree of sale under consolidated mortgage
Dec. 14, 1875. (V. 21, it. 16. 64. 186, 28'i, 324, 34!t
490, 604, 618; V. 22, p. 88, 182.1
Troy <t Jiston.—With leased roads forms a bne
from Troy, N. Y., to North Adams, Mass. In 1878 74
gross earnings were $530,310;
pcrating expenses,
$283..''79.
There are a few of old let and 2d mortgage bonds yet onts;anding.
c
Troy Union.— \ short road in Troy city. Bonds
issaed by city and guaranteed by several roads.
Tuckertm,.— 'From
to Tuckerton, N. J.
XJi-i
New
jersey Southern Railroad
Net earnings IKS, $7,759.
n /'.oi^".— Gross earnings in 1874 wei,> $10.-
559,880; net earnings, $5,907,565; gross earnings in
1878 were $11,993,832, and net earnings $7,011,784.
Th« percentage
of
1876.
operatinE expenses to
gross
$8,000 p.m.
17,000 p.m.
3,000,000
1,700,000
1,000,000
1,800,000
1,600,000
1,300,000
1,.500,000
250,000
861,000
15,000,000
1,000,000
900,000
2,500,000
2,496,000
500,000
300,000
1,000,000
1,500,000
2,500,000
600,000
2,700,000
5,000,000
2,700,000
675,000
225,000
1,300,000
666,000
1,609,000
1,384,000
650.000
680,000
408,000
36,745,000
27,236,112
27,236,512
14,256,000
7,000,000
2,400,000
1,600,000
1,600,000
19,000,000
5,300,000
2,000,000
1,846,000
1,800,000
1.54,000
500,000
1,300,000
1,700,000
866,000
5,000,000
4.50,000
100,000
1,000,000
1,770,720
200,000
907,000
3,000,000
3,000,000
3,000.000
1,500,000
500,000
3,000,000
1,500,000
1,.500,000
444.100
1,508,600
717,500
850,000
145,000
1,162,700
217,400
2,860.000
550,000
200,000
150,000
Jan.,
U.S. 'Treas., at maturity.
2I2
Q.-J. Phila. and N. Y.
6g.
M A
6
A.
K.
Offices,
Philadelphia, Office.
do
A 0.
do
London.
A S.
do
A S.
%' M
F. A A.
Philadelphia.
7
Due 90 days after demand.
Loudon.
F. A A.
%' F. A A. Philadelphia
Office.
Princeton. N. J.
6
J. A I).
6
M A N. Philadelphia Office.
F. A A. N. Y., B'k of Commerce
6
do
A. A 0.
do
7
Salt Lake Oty.
6g. J. A J.
Utica.
J. A I).
3
Utiea and New York.
7
J. A J.
do
do
7
J. A J.
7-3 g. J. A J. London, H.8. King A Co
Baltiniore.'
4'
J. A D. Boston, E. Blake A Co,
A J. Boston.Nat.Bk.of Redm
8
J. A J. Boston, Globe Nat. Bk.
7
M A N. Boston.Nat.Bk of Redm
7
do
do
J. A 1).
7
do
M A N.
do
8
do
J.
A
J.
do
7
do
do
M A N.
8
Phila
Girard
Nat
B'k.
J. A J.
7
do
do
J. A J.
7
J. A J. Phila., Girard Nat. B'k.
7
do
do
A. A 0.
7
do
A J.
do
8
A. A 0.
Boston, Office.
2
do
do
J. A J.
6
J. A J.
do
do
7
do
do
J. A J.
7
6g. M
,r.
,
,
.1.
Unton Pacific Central jBconcft.— This was formerly
the Atchison & Pike's Peak road. Interest in defanlt since November. 1873. Gross earnings 1874-71,
(V. 17, p. 58S, 834;
$11.3.519; expi-nses, SI-;3.18S.
20, p. 8, 314; V. 21, p, 612; V. 23, p. 111).
V.
Unitfd New Jersey Railroad <t Canal Companies.
I be Camden A Amboy Railroad and br, inches.
Delaware & Raritan Canal, and New.Tersev Railroad
form the United Companies of New Jrrsey. They
were leased to Pennsylvania Railroad, Oct 20, 1871,
at 10 per cent on stork and assumption of all liabilities. In 1874 the gross earnings were $10,t 21,488;
operating expenses, |;7.n98,,(49; net, ^^.flSS.ftyi, leaving a loss to lessees of $31,161 after paying interest and dividends. The loans due in February, and
April 1875, were paid off and bonds of 1871 increased
—
London.
UtoA (7en<ro^.—Salt Lake to Ogden.
1870
F.
1
net earnings were $206,368.
Due.
Dhidend.
A A. New York, Co.'s office. Feb. 1, 1896
J. AD.
do
do
Dec. 1, 1894
A. A 0.
do
7
do
April 1, 1886
M. AN.
do
7
do
May 2, 1910
7
J. AD.
do
do
June 1, 1901
A. AO.
7
April 1, 1902
N. Y., Office of Co.
Nov. 1, 1873
'^H M.AN.
F. A A.
7
do
do
Aug. 1, 1890
F. A A.
7
do
Aug. 1, 1890
do
M. AN.
7
do
do
May, 1893
M.AN. N. Y., Metropolitan B'k. Nov. 1, 1890
7
F. A A.
7
do
do
Aug. 1, 1882
M. A N.
7
do
Nov. 1, 1878
do
M. A N.
7
do
Nov. 1, 1878
do
M. A N.
7
do
do
May 1, 1893
M.AN.
do
7
do
May, 1883
Q.-F.
N. Y., Office of Co.
7
Feb., 1907
Winslow, L. A Co.
Feb., 1893
7 g. F. A A.
F. A A.
7
N. Y., Office of Co.
Aug., 1889
M. A N.
7
do
do
Nov. 1, 1886
7
J. A J.
do
do
July, 1890
do
do
Aug., 1901
7 g. F. A A.
do
7g. F. A A.
do
Aug., 1901
F. A A. Troy, Company's Office.
4
Aug. 1, 1876
7
J. A J. N. Y., Nat. B'k of Com.
1894
M. A S.
do
7
do
1882
6
A. A O. Phila., Safe Deposit Co. April 1, 1910
7
2
Q.-J. New York and Boston Jan. 1. 1876
do
do
1896 to 1899
%' J. A J. U.S. Treas.,
at maturity.
M. AS New York and Boston Mch. 1, 1894
8
7
A. A O.
do
do
1887
April, 1896
8 g. A. A O. London, L. A 8. Fr. Bk.
%' M. A N N. Y., Company's Office, May 1, 1895
7
7
41 '54 per cent in 1875 and 4405 per
cent in 1874. Land saier to Angu8t31, 1875, 1,1 J4,833
acres for *5,176,;i7fi; Wnds then unsold, 11,035,137
acres; land notes on hand., $2.917,8.30. At the election in March. 1875. the ticket headed by Messrs.
Dillon and Jay Gould was elected without opposition.
The suit to recover for Government transportation
was decided by the United States Supreme Court
in favor of tins company. Nov. 2!», 1875, including he important ruling that interest on the Government loan is not I'ayable till the principal is
due lu 1896-99,
Abstract of last report V. 20,
p. 266, and government report to June .30, 1875,
The annual report gives no
V. 21, p. 467.
general balance sheet nor income account.
Dividends at 6 per cent per year were begtm in July,
and increased to 8 per cent October. 1-75. The
United Stales Attorney-General has a suit pending
for $1,040,056 against The company as 5 per cent
of its net earnings. (V. 20, p. 314, aiS, 405, 45.3. 492,
522. .'>47, 586, .')91; V. 21, p. 64, 105, i45, 302, WTi, 467,
im: V. 22, p. Ill, 182.)
$2,300,000, issued in
When
S(ocAr«— Last
6g.
eaminga was
by
Bonds— Principal,
In 1872-3
1896, '97, '98
Jan. 10, 1876
Mch.
Oct.
Mch.
Mch.
Feb.
1,
1,
1,
1,
1,
1901
1894
1894
1894
1888
1880
1, 1883
1, 1889
Nov. 1, 1889
Aug. 1, 1878
Feb.
Jan,
Overdue.
1, 1890
Dec, 1875
July, 1878
Jan.
July, 1891
Jan. 1, 1902
June
1872
1891
1891
1886
1891
1876 to 1889
Jan. 1. 1887
1902
Jan. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
1880
Oct. 7, 1875
July 1, 1883
July 1, 1879
July 1, 1885
July
Jan.
Nov.
1,
1.
1,
1,
—
Vlica (ft Black River. Gross receipts 1874-6,
$5"3,397; expenses, $251,660; dividends disbursed,
$1011,149.
(V. 22, p. 212.)
Utica, Ithaca (ft ,^mira.— The road was completed
November, 1875. The simking fund is $:10,000 yearly
from 1878. (V. 21, p. 16.)
Valley ( Fa.).— This road was built chiefly by snbscription of Bait. & Ohio RR., Baltimore city, and
Va. counties, but building wa.s slopped for some
time under difficulties, which were settled in October, 1875. (V. 19, p. 640; V. 20, p. 16, 453; V. 21,
p. 396.)
—
Vermont (ft Cawidn. Under lease to Vermont
Central, and proposed to be sold to .«anie for $3,000.OOD in 6 p. c. bonds: hut still in litigation (V, 111, p.
40, 504, V. 20, p. 16, 141, 419, 445, 468, 492; V. 21, p.
442.)
Vermont Centra'.— in 1872 the Company went to
default on interest, and has since been in numerous
complications.
new corporation under the name
of (Central Vermont has been formed, with $*.flOO,000
assumed obligations of the old
capital,
and
paid-up
Foreclosure in progress on
Vermont (i'entral.
A
2d mortgage.
49-2,
M7
(V.
514, 616;
V.
16, 141,
186, 314, 358,
20, p.
21, p. 33, 245, 418, 490; V. 22, p.
110.)
Vicksbitrg (ft Meridian.— f(et earnings year ending March 1, 1875, were $130 089. Coupons are paid
Coupons of July,
2 per cent cash, balance scrip.
(V. 20, p. S»l
1874, and April, 1815, were passed.
2i,p.
207.)
V.
Vermont (ft Massachusetts.— This road is leased to
the Fitchburg RK. Co. for 999 years, commencing
Jan. 1, 1874; they patying 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 remainder of the lease, exclusive of all taxes.
i
j
'
..
;
EAILROAD AND CANAL STOCKS AND BONDS.
February 26, 1876.]
SobscrlbJi*
;
^vlll eomfltr
clTlnc iBaaaetflata B*Ue« or aaj arror «la««ver«4 Ib tliaa* TaMa*.
Bonds— frlnolINTEREST OR DIVLDENDS.
4, CS H
Size, or
When Due.
Amount Rate per When Where Pavsble, and by pal.
323 Date
of
Par
aiotJu—lmt
a crest fkTor
DE8CRIPTION.
For explanation of column lieadlaes, &o., see notes
at the head uf tlrst page oT tables.
kjr
Bonds. Value. OutstaiuUug
Walkill Talley (y.r.)~Ut mortgage
35
18
18
18
310
Warren (,W.)—Stock
1st moi'tKage, guaranteed
2d mortgage
Washington Oily, Va. Mid. <t at. aoulhem—Stoei...
2d mortgage, O. <fe A. RR
Ist uud 3d mortgage, O. & A. RR
RR
Funded liitwiwt, O. & A. RR
l8t mortgage, O., A. & M. RR
4th mortgage,
Gen.
0.&
A.
mortgage,
—
Ist
Ist
1867
1873
B5>a 1871
"27
1871
100
"eo
38
63
172
32
1861
1866
1869
1871
1872
.500 &a.
by Camden
.
il6
44
160
90
90
90
90
90
90
90
115
57
28
—
Ist mortgage, uuimdorsed
2d
do
endorsed by Baltimore
2d
do
emlorsed by Washington County
2d preferred mortgage, unendorsed
3d mortgage, guaranteed by Baltimore
4th
do
for Baltimore City stock
Western North Carolina— lat mortgage (E. Div.) ...
Western Pennsylvania— lat mortgage
1 st mortgage, Pittsburg Brancu
(ieneral mortgage
WiltiatnstoH t£ Tarooro Ist mortgage
Witniinyton. Columbia f£ Augusta 1st mortgage
Income bonds
Wilmington i£ Heading— Ist mortgage
2d mortgage, coui)ou or registered
.
"4
—
188
. .
"64
64
181
181
—
Wilmington t& Welaon Stock
Sterling bonds
do
do
Sinking fund bonds, gold
Wisconsin Central— 1st mortgage, gold, land grant.
Worcester f£ Nashna —Stock
Bonds (.$125,000 are 7 per cent)
200
45
48
48
Istm., guar, (tor $700,000)
r%NAi<.
Chesapeake dt Delaware—Stock
Ist mortgage (originally $2,800,000)
Chesapeake (£ 0/n'o— St^ck
Maryland loan, sinking fund
Ouarauteed sterling loan
Bonds having next preference
Delaware Division Stock
Ist mortgage
Delaware t£ Hudson Stock
Registered bonds
Registered bonds
Registered bonds
Debentures of 1 878
Loan of 189 1 ($3,000,000 cp. & $2,000,000 reg.).
Lehigh Coat t£ Xaoii/ation Stock
Loan, conv., coup., gold (assumed L. & W. Coal Co)
Ist mortgage, registered
Ist mortgage, registered, railroad
14
14
60
60
148
148
148
148
—
g.
500 &o.
600 Ac.
500 &c.
1,000
1,000
1866
1870
1838
1867
1868
1870
1872
1870
1863
1865
1870
1870
1868
1870
1,000
500 &c.
100 &c.
500 &o.
100 &o.
100 &c.
100
1871
100
1874
500<fcc,
50
1856 Varlo's
50
1858
1,000
100
1867
1869
1871
1873
1874
1,000
1,000
1,000
1,000
1,000
48
50
1,000
1,000
1,000
1,000
1,000
1,000
($2,310,000 assumed C. RR. of N. J.)
Loan
do
e-Ktension, convertible
till
Decemljer, 1877...
1872
1871
1872
Consolidated mortgage, loan
Groenwoo<l mortgage, registered
Monoiigaheta Navigation Co.^^tock
1st
83
83
mortgage
WallkiU Fafl«y.— This road was foreclosed under
a eecond mortgage and sold November, 1875. (V.
Si, p. 448;
V.
32, p. 42.)
—
Warren JV. J.). Leased to Delaware, Lackawanna
& Western at 7 per cent on stock and bonds. Net
earnings in 1873, $41S,ltj«.
{
Wmhinglan
City, Virgin'a Midland it Oreat Southearnings year ending Sept. ;W, 1875,
$1,0:)3,980; expenses, $67i,36T; net earnings, $401,au. The company has been assisted by Bait. & O.
Coupons on O. & A. -d, :M and 4th mortgages are
overdue. (V. 22, p. 15.)
em.— Gram
—
Western db Atlantic This road is owned by State
of Georgia, and leased at $210,000 per annum
Lessees nave Issued the Income bonds. (V. 22, p.
186.)
Westchester dk Philadelphia.— 'Set earnings 187S-4.
Old debts retired by new mortgage.
$147,049.
—
West Jersey. Consolidation of several roads and
branches. Camden to Cape May. Satcm & Swedes-
boro 126 miles.
West Wisconsin.— The company defaulted on indue .Tanuary 1. 1875, and offered a funding
proposal. The following is from the official statement: Siiice its organization the company h«8
iesu-d *4,()00,000 gold first mortgage land grant
bonds, of which t^.tl ,50;) are outstanding; tiiJIo.OOO
Southern extension bond-*, of which $;i70.iH?0 are
held as cillateral security by floating debt creditors,
$2.5 0,000 3 -ven per cent gold consolidated bonds,
of which $1,471,0110 are hcM as collateral to the floating; debt.
The other debts of the company on Jan.
1, 1S7.% were as follows: Bills payable, $1,080,921.
'There are collaterals belonging to the company held
for these, as follows; Southern extension lionds.
$.170,000; consolidated bouds,$l ,471,000; and 2(X) cars
other items of debt, $1,826,141.
Earnings, 1874,
$884,930; operating expenses, 6W,107; net earnings,
r8?,812. For full particulars see V. 20, p. 77, 291, 814;
terest
Y.Sl.p.
396.
ice.
25
—
—
Mort. loan,
<bo.
1873
1875
« Rochester—Stock
do
500
no
& Amboy..
<lo
consolidated
West Wlscoiisin~\nt mort., gold, 8. fd., 1. gr., conv..
iHt mortgage, goltl exteUHlon, eouimu or reglst'd
Western it AtUtiilic («a)— Income Bonds
Wrjitern (Ala.)—lnl mortgage (Mont. & W. P.)
Western RH. Iionds, before consolidation
2d mort. on eonw)!. roiul, guar, by Central of Ga..
Western Marylaiul iwt mort., endorsed Bait. City.
do
100
new
mortgage loan
Bonds
Bonds
Nashua
100
1870
1871
1866
1868
1860
Western
1875,
Alabama.— Sold
S"*
A.
A.
& O.
& O
511,400
750,000
2,692,539
1,200,000
654,000
700,000
578,859
1,650,000
1,500,000
526,500
821,300
1,100,000
1,359,750
400,000
1,000,000
1,000,000
4,000,000
640,000
920,000
750,000
600,000
1,200,000
200,000
400,000
300,000
300,000
600,000
875,000
1,000,000
1,400,000
800,000
1,000,000
1,200,000
350,000
3,200,000
600,000
1,250,000
1,560,100
1,456,200
648,700
221,400
749,000
4,618,500
1,789,800
350,000
250,000
400,000
825,305
700,500
7
7
F.
<fc
A.
"e"
8
8
"7'
J.
A
&
&
N,
7
H.
U.
"4'
7
4
6
f.
6
7
7
10
g.
8
8
6
6
6
6
8
6
A.
t.
7
7
.
31a
7
g.
7
g.
3»a
6&7
7
7
1875
1873
1880
May
do
do
AprU
1,
1,
1,
,
O.
O.
O.
New York, Soutter A Co.
do
do
J, Bait.,
do
do
N. Mechanics' B'k Jan.
do
do
Jan.
do
do
Hagerstown.
Bait., Company's Ofllee.
Balt.,N. Mechanics' B'k
do
do
do
do
1890
1890
Jan. 1, 1890
April 1, 1893
Jan. 1, 1896
Philadelphia, Office.
O.
1,
1,
Jan., 1890
Jan., 1890
Jan., 1895
Jan., 1900
Jan., 1902
do
do
N New York, J. M. Plokrell May 1, 1900
& D Bait., Safe Deposit Co. June, 1900
A. AO. Phlla., DeHaven A Bro,
Oct., 1900
A. & O.
do
do
Jan., 1902
J. & D.
Deo., 1875
J. & J
London,
1881
M. & N.
do
1886
J. & J. N. Y., Nat. B'k RepubUc
1896
J. & J
Jioston, Office.
July 1, 1901
J. & J.
Worcester, Office,
Jan. 1, 1876
Various
do
do
1881 A 1887
A. & O. Bost., Qlobe Nat. Bank, April 1, 1893
F. & A.
do
do
Feb. 1, 1895
<&
A. &"o. Bost., Qlobe Nat. Bank.
3
6
"a
5
6
4
6
5
7
7
7
7
7
2
6
6g.
6
6
7
&
u
A J.
P. & A.
J. & J.
F. & A.
M. & N.
J. & J.
J. & J.
A.
O.
A. * O.
ft-M.
K.&B.
<Se
Q-F.
7
F.
4
6
J.
J.
in foreclosure, April 19,
Rail-
&
&
&
&
&
&
&
J.
J.
J.
J.
—
$4,473,451.
do
D.
D.
D.
D.
A.
J.
J.
&
1.37,
was sold out and
Wiimingt
16)
and
funding,
V.
is
now leased
to Philadel-
irfWon.— Leased December, I><72,
Columbia A Augusta road at 7 per
Lessee assumes all liabiUties. IV
<fc
)n,
Wisconsin Central.
1875,
July, 1886
Brown
Reading. (V. 20, p. 358, 388, 528, 547; V. »1.
592; V. 22. p. 182.)
cent on stock.
22, p.
June, 1873
1870
1890
1885
Philadelphia, Office.
Feb. 4, 1876
do
do
Jul}- 1, 1878
N. Y., Bk. of Commerce, Fob. 1, 1876
do
do
1877
do
do
1884
do
do
1891
N. Y., office, 71 B'way,
April, 1878
do
do
1894
Philadelphia, Office.
Sept. 4, 1875
do
do
1894
do
do
1884
do
do
1897
do
do
1897
Phlla<lelplila, Office.
1877
do
do
1882
do
do
June 1, 1911
do
do
1892
Pittsburg, Office.
Julj', 1875
N. Y., N. Bk. of Com'rce. July 1, 1887
WUmington
to
do
AprUl, 1894
A Sons.
London.
Bait., A. Brown A Sous.
tension,
phia
p.
$15,925 larger ttian the preceding year. The financial condition September :W, 1815, was as follows:
Liabilities Stock subscriptions, $68:l,<>32; funded
debt. $:i,675,OIIO; material on hand, $1.H8'^; general
revenue, $i)7.422; sundry suspended debts, $3,ti02—
Assets— Cost of oldroad
total liabilities, $4,473.4.')1.
and appurtenances, $i.4(M,,'i»8; cost of new road,
$1,880,4*3; sundry individual indebtedness, $2,846;
Union Railroad Comuiiny, $2,.5a0; loss on sale of
second preferred bonas. $48,500; construction and
equipment, $57,268; sinking fund second mortgage
city endorsed, $30,000; balance $36,911— total assets,
Philadelphia, Office,
Bait., A.
J.
—
its
Ac,
latest
—This company defaulted July,
statement and propositii u for
p. 8415. (VT »u, p. 391, 571
are in V. 81,
21, p. 324.)
Worcester A Nashua.— Viet earnings 1874-5. $178,Guarantees the stock and bonds of Nashua A,
Rochester company, leased. (V. 21, p. 590.)
3.30.
CANAL.
Chesapeake
peake
(Sty,
A ZMaware.— Delaware City to Chesa-
Md.
(V. 18, p. 583).
Chesapenkt <t OAi«.—This company was assisted by
State of Maryland, and is making progress towards
meeting its past due interest. (V. 21, p. 77.)
Delaware /Mv.— Leased to Lehigh C. A N. Co.,
on bonds, and 8 per cent a year on stock.
at
interest
WestemNortA CanVfna.— Soldin
23, 1875, for $825,000.
foreclosure, Juno
(V. 20, p. 314, iSS; V. 21, p. 40.)
Westej'n Pennsylvania. —T\\e Pennsylvania RR.
lessee owns $97:f,6.M) stock out of the total amount
of $',022,450. $148,000 of branch bonds, and all of
$1,200,000 general mortgage bonds; net earnings 1873
wore $348,968. Cost of road, Ac. $3,730,868.
WUliamatO'i it yarftoro.— Boad in progress.
recent financial information.
WUmington ColunMa
<t
No
Augusta.— IjttMsg and
operates tne Wit. A Weldou. In 1874 5 nei earnings
were $18.3.271, inciudimj profit on W.A W. Coupons
of De"., 187.5, are unpaid. iV. 28. p. 1 S.)
1875.
1.
1.
Qarrett A Bona Mob.
do
do
O.
J.
D.
J. dc J.
(V. 20, p. 898, 405, 445.)
Wilmington
1
Mar
Sept.
3
6
Western Maryland. This company was largely aswhich has also
bought Its overdue coupons. The only bonds remaining in default for interest to their holders are
the second preftTred unendorsed. Cost'of road and
equipment to October 1, 187m, $4,473,450. Annual
report for Inst fiscal year to September 30, 1875,
shows gross receipts, $293,718; expenses, $194,420;
net receipts, $99,298.
The gross earnings were
*
i?«a<fin<?.— This road
was
in pro-
and defaulted on second mortgage after crisis
Default on first mortgage was made April,
Foreclosure pending. The Berks Co., an ex-
of 1873.
Jan.
I
7
sisted by the city of Biltimoro,
gress,
A Son*
do
do
J.
"7'
and l)ought by Central Ga. and Georgia
roads.
Bait., R.
N,
J. &. J.
H.
8
1896
1876
1875
1900
Oot.,
do
do
do
do
8.
&
<t
&
&
&
&,
&
&
&
&
&
&
6
6
6
do
do
3. Bait., B. Qarrett
Q—J.
J.
J.
6
N.Y., Bull's Head Bank.
N.Y., Del., L. AW. RB.
1882
1903
1896
J.
Philadelphia, Office.
Jan. 10, 1870
do
O.
do
April 1, 1801
A. Camden, N. J. Co'r Oflloe Sept. 1, 1874
M.ic a.
do
Meh., 1883
do
J. &. J.
do
do
Jan., 1896
A. ii O.
do
do
Oct., 1890
J. A J. New York and London. Jan. 1, 1886
J. & J. New York, Office of Co.
1902
M.A
A. &
J. &
A. &
F. &
A.
A.
A.
8
DiTidend.
fhtftu.
4"j.
J.
7«-
770,000
1,004,300
103,000
1,000
Payable
1,800,000
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
850,000
5,000,000
10,039,900
822,000
5,441,840
2,000,000
4,757,000
762,779
42,550
1,066,000
50
1862
Cent.
$700,000
iHSOOJio.
336
Ljniehbui'g &
Wcslchesler <£• I'liiladelphia—Preterred Stock
Irtt
1871
1855
Wash. C, Va. Mid. & Qt. Soutli'n
PanvlUu, Ist luort., guar., coup..
niort., gold.
West Jrrsfy Htoe.k
Loan of 1883, guaranteed
nix
Del. * Hudson CSoma/.— This Co., which Is among
the largest miners and carriers of coal, teases the Alb.
& Susq. and Renss. A Sar. Hailroads. Also endorses
bonds of N. Y. A Canada RR. Annual report for 1874,
V. 80, p. 498. (V. Ki, p. 478, 503; V. 40, p. 382.)
Lehi/h Ooal <t .Vorig'O/ion.- Grosi receipts in 1874,
$l,932.;i81; expenses, int. and dividends, $1,729,592.
Excess of receipts, $J02,<2S. The Central R. R. of
N. J. as8um:;s (in purchase of quipment). $2,31(1.001
of the gold loan due isy7. leases the Lehigh A Susquehanna Rjlil Road, and operates the Lehigh Canal,
The l.,i'!iigli A Wilkes-Barre Coal Co. assumes $5(i0,000 of the gold loan due 1817, and *822,(XI0 (all)of tho
convertible gold loan due 1891, and has also leased
the coal lands of the Company. (V.IS, p. 207, SM.)
<
Monongdhsla
Navigalion
Cbnuxuiy.— Receipts,
1574, $215,463; expenses, $88,1%); dividends, $97,721
1
.
CANAL AND MISCELLANIOUS STOCKS AND BONDS.
rxi
Snbaerlbem
ivtll
eonftr a Kreat faTor by ffirlnc Immediate notice or any error discovered ia tbeee Tables.
DESCRIPTION.
For ezplanatiou ofculumii heading, t%u., see
Ht the heart of tlrst page ut tables.
Miles
Date
or
of
i>otci<
—
103
103
103
103
103
1st iiioi'tKaj^e
2rt moi-t j<agc
Boat loan
PrefornMl stock noriii divideud
Fc/iMA'v/rf/ui'rt— Stock
1st liiortnaifc, interest Knanuit4«'d liy
Peuu.
327
108
Schuylkill Aacigatiim—HUK'^i, common
Pivfcireil stock
1st moitgiige (due 1897, extended to 18H7)
2d nioi*1.wage
Mortgage l)onds
Aiuoimt
Rate per When Where Payable, and by
Outstanding
iiiviLlile
Wliiim.
payable
Value.
Ceut.
$1,025,000
1,175,000
500,000
285,000
236,965
103,164
4,477,150
6
3,000,000
997,348 30c. in sc
l>ourtM
1870
1863
1864
.1.
.1.
,1
4(i,733
6
.1.
.1
1,(X)0
200,000
756,650
628,100
2,002,746
6
6
7
M
cSc.N
"tj"
.1.
1,000
1,000
1872
85
3,000,000
6
2
3
4
1,000
1,6.59,000
25
1,107,500
£300
593,000
693,000
605.500
10
Ist mortgtige, ejinsolidatwl, convertible
Cmnberlaiul Coal & Iron Company— Stook
Dunleith d- Dubii(fHe Bri<lge—}ioudH sinking fund
it St. Louis liridge—l»t mortgage coupon s. fund..
2d mortgage, coupon
3d mortgage, coui)on
4th mortgage
St. Louis Tiumel RR.— Ist mortgage sterling, sink, fiiud.
do
2d mort);age
do
Mariposa Land- it Mining Company Stock
Preferred stock
Mart/lunil Coal Stock
Paelric Mail Steamship Company Stock
Feniisylruii ia Coai— Stock
1864
1872
1852
1860
1,000
1,000
1868
1871
1871
1874
1875
1873
1875
1.000
1.000
1,000
1.000
1.000
—
mortgage bonds
1861
Pullman Palace C«c—Stock
Bonds, 2tl series
Bonds, 3d series
Bouds, 4tli series
Bonds, sterling delHiUturc, convertil)le
Bonds, ilebentiire
Quicksilver Mining Company Couuiion stock
—
Preferreil stock
—Stock, guaranteed 7 l>er cent
— Stock
—
Fargo i£ Company Exttress Stock
Western Union Telegraph— HUwlx.
Real estate liouds, gold, .'slnlilug fund
Bouds, ciMip 4>r reg., couv. till Mav. 18 :>.'>, s* f. 1 )). c
Sterling bonds, (Miiip. (sinking fund I percent, per aunitui)
Wilkesbarre Coal Stock
Wells,
1872
1875
1875
—
iTorri*.— Leased April, 18.0, to Lehigh Valley Rallfi>r 95)1) years.
'The lessees assuming bonds and
and paying 10 per cent peruimum on preferred
stock, and 4 on consolidated stock. (V. 12. p. Tit).
roid
scrip,
—
Pennsylvania Cnitl. Worked in iiitere.^tof Penn.
whicli guarantees interest on bouds. An old
»<)0,000 is due in 1887.
Gross receipts
1874, tM6,328; net, t310,14S.
RR.
mortgage of
Comp njr.— Leased from
to Philadelphia St, Reading for 9!t9
years, at annual rent of $()5.%0.'0, including ''ertaln
real and personal pro[»erty conveyed to l^hiladel .hia
(Last annual report in V. 18, p. 2T2.)
&, Reading.
Schuylkill
June
1,
Navigatim
1870,
Susquehanna
<ft
oy Philadelphia
—
Leased and operated
Reading Railroad for interest on
Tirie Water.
&
*>Onds and half of net earnings.
Union Cono/.— Stock,
$2,907,850.
miSCELIiANKODS.
Adam» Express Company.— A. reference to tlie
suit of Dinsmore and others in V. 19, p. 270.
American C^oai. The report for 187.i showed gross
receipts, $826,916; net."tS9,016, (V. 22, p. 180.)
Atlantic i Pacific Telegraph. Of this stock the
—
—
Union
Bcntton
p.
4 20.
A
•ZH
1,000,000
1,000,000
10,000,000
5,000,000
4,400,000
20,000,000
5,000.000
484,500
100
5,826,200
298,000
434,000
996,000
144,000
598,000
100
4,291,300
100
5,708,700
1,000.000
"50
1,.500.000
100
6.000,000
100
5.000,000
100 33, 787,4"
1,000
1,498,000
1.000
4,000,000
1,030,000
£100&c
100
3,400,000
(V. 21, p.
.'ill,
&
&
&
&
3
5
7
1904
1904
Jan.
9,
1869
Boston, Office.
D. Ist coup, due Dec, 1875.
N.
&
&
&
&
&
F.
F.
7g.
4
N. Y., Ill Broadway.
do
A.
Q.-F.
M. & N.
do
N.Y Farm.
&
do
do
dT
do
do
do
do
do
do
do
A.
A.
O.
O.
Sept. 15. 1875]
Jan., 1885
Jan.
1, 1897
1879
Feb., 1879
Oct. 15, 1875
Nov., 1893
1900
July
Mar.
1,
1,
1901
1886
Jan. I,"l888
1876
1869
1870
1881
Aug.
Feb. 15, 1876
May 15, 1881
Feb. 15, 1887
Aug. 15, 1892
April 1, 1885
Oct. 15, 1878
,
T.
Co
Feb.
31,
|
1,
1,
1879
J.
N. Y., E. Kelly & Co.
& D. N. Y., Company's office. Dec. 10, 1875
Feb. 1. 1875
New York, Office.
Jan. 15, 1876
New York, Office.
J. & J.
Jan. 15, 1876
Q.— J.
New Y'ork, Office.
Co.
M. & N. N. Y.. Union Tnist
Mav, 1902
M. & N.iN. Y., Trcasiu'cr's Office
May, 1900
M. & S.Xondon, Morton, R.& Co Marih 1, 1900
M. & Nj
Philadelphia.
J.
J.
cfe
Q.— F.
2
4
2
A Mining Co.—(V. 20, p. 477.)
PaMc Mail Steamship Co.— I.ast infonnation, &c.,
Mariposa Land
(V. 19. p.
21,
—Annnai
I
V. 21, p. 3-i4, 349. .396 (V. 20, p. 141, 102, 163, 24-;, 267,1
314. 419, 51.'), 593, 616; V. 21, p. 40, 207, 231, 2.8, 324,
3)9,396; V. 22, p. 4.'.)
591.)
Pennsylvania Coai. -TVis company operates a railroad of 47 miles connecting its coal mines with
Branch of Krie Railway and Delaware & Hudson
Canal at Hawley. Dividends in 1874 wcre45 percent
a year. Floating debt, $625,000.
Pullman Palace Car Company.— YaW report
Canj Imiirovement Co.— Assets
Apr.l,
18".5,
$298,-
Quicksilver
694; liabilities, Jia^.OOil.
1«74.
Conso'iilation Coa'.— Annual report for 1874 In V.
2S9. showing gross receipts, l;^.?.^.*!^: expenses. $1,976,294; net, ITStJihlil. A sufflcieiit portion of new consolidated mortgage Is held to retire
old bond*. Guarantees also bonds of the Cumberland & Pennsylvania Railroad.
V.
20. p.
Illinois »j& St. Louts Bridge.— Interest passed July,
The Bridge and Tunnel Railroad are in hands
1875
of Messrs. Morgan and Humphreys, trustees. (V
In
]
[
V.
467.
21, p.
p. 319.)
1883
1876
1876
Mar. 10, 1876
1872
Nov. 12, 1872
J.an.
F.
ling loan. The i_'onii>:inv owns $5i)4,0i)() stock of
Union Railroad Co. out of fOOO.OOO and guarantees
its bonds.
(V. 20, p. 3H, 40.)
-21.
1,
Sept.,
.
544; V.
May
Mar.
1,
1,
do
Office.
Boston, Office.
M.'&'S. N.Y.,Co.'8 OtHce, 71 B'y.
A.
A.
V.
1878
Loudou, Brown, 8. & Co Jan.
New York or Loudou. Jau.
New York,
S.
Q.-F.
8
8
8
428;
1,
Jan., 1894
Jan., 1902
Jan.
do
J.
J.
J.
J.
Jan.','i'885
Jan.
1,
3,
Office.
1>2
Canton Imptwmunt Co..— The annnai report for
year ending May 31, 18".R, is in V. 20, p. 59 I Of the
$2,.'i00,000 mortgage ?;(>'0.000 is resfrvcd to pay ster-
20, p.
1876
1, 1876
March, 1897
1882 to 1907
1895
Jau., 1876
May. 1880
May, 1913
, May, 1915
J.
J.
J.
report in V. 21.
stock increase of 25 per cent was voted
Co.
&.
4,
4,
July, 1910
& J.
do
do
& J.
do
do
& J.
do
do
F. &. A,
do
do
6
A. & O.
6
do
do
M. & N N. Y., by 111. Ceut. RR.
8
7 g. A. & O, New York and London
do
do
7 g. J. & J.
do
do
7 g. M. & S.
10
J. & J.
St. Louis.
Ag- J. & J Lond.,J. S.Morgan & Co.
io
J. i J.
St. Louis.
7
6
ioo
100
100
100
50
Water Power
Nov.. 1075.
00c
l.OOO.OOt)
20, p.
J.
"e'g. J.
6 g. J.
6
J.
6 g. M.
.598,000
Annual report V.
&
&
1876
1876
1876
AprU, 1876
Oct., 1885
Feb., 1889
Feb.
Feb.
Feb.
Philadelphia, Office.
Q.-M. N. Y., Company's
M.
Dividend.
Fell. 1,
do
do
do
do
do
do
do
do
and Baltimore,
do
do
do
do
do
do
.1.
J.
Stocks
Fhila.
.1
7
55,000 sh's.
10,250,000
423,000
1,250,000
177,000
498,000
500,000
480.000
3,917,000
2,000.000
2.492.000
Paclflc Railroad holds »2,430,000.
.W2, 038. 639.)
p. &i, 277.
do
do
do
do
do
do
do
do
—Princi— Last
when Due.
pal,
April,
Philadcljihia, Office.
Pliiladelphia, Olllce.
.1
id's.
£200
"
—
United States Express
i.mK)
100
Illinois
2d mortgage, gold
Spring Mountain Coal
1,000
100
Cumberland Coal and Iron— 1st mortgage
2d mortgage
do
do
Ist
2.50,000
6
7
12,000,000
18,000,000
1 ,500,000
10,000,000
4,000,000
500 &c.
500 &a
.
Cory Improvement Company—Stock
Coiisolitlation Coal of Maryland—Stock
Ist mortgage (convertll)le)
—
6
100
100
25
100
100
A dams
A J
J. A
J. &
& J
M &N
'
325,310
1873
1874
3
& A
A A
M A S
& J
&
A.
M A N
M A N
1,000
.
Sterling iHinrts (sinking fiiiiil (iiic-tlfth of land sales)
Mortgage bonds, gold sixes (tor i(!2,r)(X<.0(X))
Union KR., 1st mort., end. C. Co. («. f., rents on $220,163)
do 2d mort., g., end., (». f grouiHl i-ents on $144,800)
A.
F.
do
do
do
do
do
do
do
do
O.
O.
O.
6
6
6
50
1874
&.
A. JLeh.Val.RR.Co..PhUa
A.
do
do
1,714,390
3,990,392
1,135,000
1,000,000
1,319,000
lUnion—lat mortgage
l*ll>OKL.I.ANIiUi;s>
Express Company— Btov^
American Express— HUick
Americitn iJoal tiUtrylantlj—StOGii
AtUmlic it Viiciftc Telegraph- Stoat
Boston Water Power
Mortgage l)onds (for $2,800,000)
Canton ImprooeiitciU Company — Stock
,1.
A.
A.
A.
l.OOO
1,000
45
unquelutnnii d! Ti<le Wrt/«c— Stock
Maryland loan, 2d mortgaKe
Susquehanna Canal, common bonds, 3d uiort.
pref., 3d. T. W. priority b'ds..
do
bonds of 1872
do
F.
&
&
&
&
&.
&
F.
F.
3,131,8.50 60c. In sc F.
-
Improvement bonds
Boat and ear loan
Boat and car loan
iS
o)
Par
$100
10*
1856
1,000
1860
1,000
1805 variouB.
1809 various.
50
1867
1,000
50
50
3-J7
KR
Bonxls
INTEREST OR DIVIDENDS.
Size,
Caual Boiuls
C,A S \ I,— Continued.
Harris Stock, consolidated
Pi-el'eri'e<l stock
Common
[Feb. 26, 187r^
Mining Company. — Annual rejwrt
with balance sheet,
19, p. 584;
<fcc.,
V.20, p. 141, 429,
fn
V.20,
p.
404.
for
I
See
]
5.38.
—
Spring Mountain Coal Company. This is guaranteed 7 per year till 1884 by Lehigh Valley RR.
Vniled Slates Exprtsi.—V. 23, p. 159.
Western Union Telegraph.— Atii\n&\ report, V. 21,
369. The company holds J17.2h7. 735 of its own
making the tot il $41,073,410. (V. SO, p. 77,
IS.-;
:f.'W, .-171;
V. 21, p. 6,369, 372, 569; V. 22, p.
p.
stock,
136, 175, 182.)
INVESTORS' supplement:
Febsuary 26, 1876.]
XXTX
Railroad Material. &o.
lyUsoellaueoui.
THE AT WOOD
CONICAL LOCK-NUT.
STREET CARS, OMNIBUSES.
h
&
John Stephenson
Co.,
......„_
«o. 4r
EAST TWES^TV-SEVENTIl STREET,
Baldwin
Works.
Locomotive
aANtn-ACTUBKIl BT
&
BURNHAM, PARRY, WILLIAMS
NEW YORK.
CO.,
PHILADELPHIA.
Company,
Ikcturlnic
MANUrACTUKKBS OP
P. O.
LOCOMOTIVE ENGINES,
Expociiilly
tlvcit
^~
for
All
adapted to every variety of Railroad uBc, inclndiug
YORK
NEW^
Box,
BROADWAY,
N<». 40
104».
N.
Y
"FAIRLY WITHOUT A RIVAL."
— C'ongregaiionaiitl.
mine Eneinen and Locomo*
Narrow Rau^e Kailivara.
Work ThorouKbly Interclianiceable..^
TUB
Atwoodro.ilcal Lock-Nut and nanu*
1 The most eminent
_iA--.:t <-^
the
snch as
day,
B. Gladatono, I>ror. Rlax
muller,
OFFICE, 54 PINE STREET.
authors of
Ron. W.
^r.
Huxley,
I*ror.
AV. B. Carpenter,
Prof. Tyndall, It. A.
Proctor, Fraucra Poir«r 4'obbe, Ttae Duke of
Areyll.Jamea A.Vioude
^iVlre. IMuloch, Klia.
OIU
Tbackerar, Jeau InKe«
ioiv. Ceo. ItlacDonald, IVIIIIain Black
Antboiiy Trollope, K. D. Ulackinore,
phaikt, nilaa
We
^l^^^^hS^i^
Mi^CHIlVISTS' TOOTHS
many
have the best and most complete assortment of
m the country, comprisintj all
those used in
MACHINE, LOCOMOTIVE and
Thi Living Aqz
Mi never falleil
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upon
its Itilriy-ttiird
warmest lup
port of the beat meu and JournaU of the country, and
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recently absorbed its younger competitor, " EVKRV
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year.
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which are made absolutely perfect with our
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WHEELS OF ALL DESCRPIPTIONS.
CiEAR
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Id 1876
RAILROAD REPAIR SHOPS,
We make a specialty
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During tbe y ar It will furnish to it* realerattae
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;
13^
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and description address
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Manufacturers and Dealers tn
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FOR
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IM INCHES WIDE,
And
all
BAGS,
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supply,
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Widths and Colors always
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143
DUANE
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:
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INVESTORS' SUPPLEMENT
'
.
lusuranoe.
[February 26, lb76.
Insurance.
CONTINENTAL
Publications.
OFFICE OF THB
Insurance Company.
THE
ATLANTIC
OPI'ICKS:
NEW YORK, 100 & 102 BROADWAY. Mutual
BROOKLYN
Co. Financial
Insurance
Review
:
New
In
Continental Insurance Building
COR.
New York, Jan.
COURT & M0NTAGUEIST8.
Cash Capital
The Trustees,
$1,000,000 00
Eeeerve for Re-Inenrance
964,829 39
Special Reserve Fund, depoeited under
New Tork
Insnr-
Premiums on
Guaranty Snrplns Fnnd
Undivided Snrplus held for
against the
Company, submit the following Statement of
affairs on the 31st December, 1875
Premiums received on Marine Risks,
trom 1st January, 1875, to 31st December, 18:5....
Law with
Snrplus
ance Department
all
1,
1st
Total
Claims
No
Company
Total Assets, July
214,300 00
214,800 00
313,456 87
1875
$2,706,288 26
its
8 y Q
1
$5,840,031 88
Policies not
marked
off
January, 1ST5.
2,455,372 87
amount of Marine Premiums.. $^295,394 75
Policies have been issued
Life Risks
(ANNUAL),
24, 1876.
In conformity to the Charter of the
JUST PUBLI^HE]
upon
nor upon Fire discon-
;
nected with Marine Risks.
CONTENTS:
Premiums marked
off from 1st JanuDecember, 1875 ... $6,123,134 68
Losses paid during the
ary, 1875, to 31 St
INSURES •
FURNITORB,
ITAREHOUSES, MERCHANDISE,
DWBIililNGS,
LEASES,
And
RENTS,
Premium.
COSfTIWElVTAL,
FIB8T COUPANT TO SUB HIT TO THE
BESTBICTIONS OF THE SURPLUS
By
LAW OF
1874.
the provlsiocs of this
Law
^
Company
the
is
HE8KRVE SAFETY FUND, for the PROTECTION and SAFETY of such policy holders as may
not be burned out at the time of a conflagration so
great as to destroy the ability of all Companies, to
their losses in full, thereby avoiding the neces-
sity of placing the
Company
In
the
hands of a
Receiver in Bankruptcy.
Some
Bill i
Receivable.
of the benefits of gnbmission to this
Uw
267,000 00
454,037 92
2,076,360 EG
.
863,402 40
Total amount of Assets
compelled to limit its dividends to stockholders
to 7 per cent, per annum, and to deposit one-half
of the remainder cf its earnings in the Insurance Department of this State, as a SPECIAL
pay
the following Assets, viz.:
United States and State of New York
Stock, City, Bank, and other 8tock8.$10,3l4,940 00
Loans secured by Stocks, and otherwise
2,514,200 00
Premium Notes and
CashinBank
$16,019,9)0 82
Six Per €eut Interesl on
the outstanding
be paid to the holders
thereof, or their legal representatives, on and after
Tuesday, the Ist of February next.
certificates of prolibs will
The outstanding
certificates of the issue of 1872
be redeemed and paid to the holders there if,
on and after Tuesday,
the Ist of February next, from which date all interwill
est thereon
ce.iae.
The certificates to be produced at the time of payment, and cancelled. Upon
certificates which were Issued for gold premiums,"
the payment of ijturesc and redemption will be iu
will
First— To the assured, who are claimants for
gold.
A Dividend
<if
Porty Per Cent,
is de-
on the net earned premiums of the Company
for the year ending 3l8t December, 1875, for which
certifi'-^tes will be issued on and after Tuesday,
clared
them more money than can be obtained under the requirements of any other law
on this subject, because it exempts tUe Company
from receiver's fees, legal costs, or other expenses
It will give
the 4th of April next.
By order
It requires the
Company
to maintain at all times
"GUARANTEE SAFETY FUND"
amount
to the "Special
J.
Second— To the policy-holders whose property is
not involved in such fire— a hitherto neglected
:
and provide
the payment of their later sustained losses, as
great fire had occurred.
for
if
no
them from vexatious and serious loss
time and money iu seeking and paying for new
It will save
insuranee, while waiting indefinitely for the return
of what is duo from the Bankrupt compauies whose
may
become worthless, and whose assets
be in the clutches of a slow-paced Receiver.
GEO.
T.
HOPE,
President.
LAMPORT, Vice-Pres't.
CYRtS PECK. Secretary.
B. C. TOWNSEND, Sec. Agency
n. H.
ABBAM
M. KIRBY,
JOHN
K,
Dept.
Sec. Local Dept.
CHA8. H. DUTCHER,
Sec. Brooklyn
OAKLBY, Cleswkl
United State Land Grants.
Investments and SpecuIa<lou.
Compound
Interest Table, showing
accumulation of $1 at different rates of anni
interest, for all periods
Interest being
from one to
cent per
fifty yeai
compounded semi-annnally.
Table for Investors.— Showing
annum realized on
at various prices, ranging
the rate
Becnritics, purchai
from
10 to 300.
H.
Stock Speculation.
Interest Cost of Carrrlng Stock for
One Day.
The inoney Marhet.—Prices of
and Prime Commercial Paper,
movements
ports,
OBAPMAN, Secretary.
V.
S.
Stnte
prevent any enroachment upon It by
under uncancelled policies.
It compels just and prompt adjustments and payments, no matter how great the fire or loss.
It will
policies have
Railroads In Default.
Loans
Call
1670 to 1876.
Gold and Sliver—Ex
lot
Imports and Production—Daily Prices of
_
1876.
Prices 1870 to 1876.
Government Bonds—Prices
1
1870 to
1876.
TRCS
later losses
of
U
Representative Railroad* of tbe
equal in
Reserve Fund," for the
It will give a deserved protection
London.
Affairs in
foreign Exchange
greater protection of policyholders generally.
class
Ti
tlie
raereantUe Failures In 1875.
Gold from 1862 to
of the Board,
of bankruptcy.
a
of
Commerce—Bank Mi
States
or their legal representatives,
are as follows
losses at the time of the great Are.
Retroapect
meats- Financial
Expenses. .$1,217,477 26
Real Estate and Bonds and Mortgages
Interest, and mndry Notes and Claims
due the Company, estimated at
WAS THB
Financial
187S—United
The Company has
other Insurable Property, at Just Rates of
TOE
same period
$2,712,058 05
Returns of Premiums and
Agent.
D^pt
J. D.
Gordon W. Bui-nham,
Henry Coit.
Lewis Curtis,
Frederick Chauncey,
Charles P. Burdett,
Francis Skiddy,
Robert B. Minturn,
Chjrles H. Marshall,
George W. Lane,
Jones,
Charles Dennis,
W. H. H. Mooia.
Charles H. UuHsell.
Lowell Holbroik.
David Lane.
.'
Daniel S. Miller,
William Sturgis,
Josiah O. Low,
William E Dodg!,
Royal Pnelps,
Thomas F. Youngs,
C. A. Hand,
James Low,
John D. Hewlett,
D.
1869 to 1876.
Robert L. Stuart,
I
1876,
Railroad and miseellaneons StocksPrices 1870 to 1876.
Cotton ini>vement and Crop in tke
United States, 1S74-5.
Cotton Spinning In the United States
d
18T4-6.
James G. De Forest,
ames Bryre,
J.
Bonds—Prices
Railroad Bonds—Prices 1870 to
rRICS.
JONES,
Alexander V. Blake,
Charles D. Leverich,
K'
Adolph Lemoyne,
Adam
T. Saekett,
Horace Gray,
Edmund W.
Corlies,
John Elliott,
Samuel Hutchinson,
William H. Webb.
President.
CHARLES DENNIS, Vice-President.
W. H. H. MOOSE, 2d Vlcs-Presldsnt.
R
I
C
E
!
$9 00
in Cloth,
Do
to Snbecribers of the Chsosiolz
WILLIAM
Tg
A
B.
81
DANA &
WILUAM
00.,
1
BO
Publi8H»i,
8TRS8T, N.
d
Y.
@FedFRASER