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onuntrtW
MERCHANTS’

HUNT’S

§* w 0 pa pe *,

&
REPRESENTING THE INDUSTRIAL AND

COMMERCIAL INTEREST* JF THE UNITED STATES,
NO. 505.

SATURDAY. FEBRUARY 27, 1875

VOL. 20.

CONTENTS.
THE CHRONICLE.
The Banks and Monetary Ease.
The Sinking Fund and the New
Tax Bill

195
196

198

rope

“Financial Prospects”

Latest Monetary and Commercial

English News

Commercial Lnd Miscellaneous

Consumption of Cotton in Eu¬

News

199

recently undergone, it is impossible not to impute to
them some influence, though it may be perhaps of a
negative character. Who shall say liow much of our

199
201

■.

198

The Tea Trade Since 1871

THE BANKERS’ GAZETTE.
Investment and State,

Money Market, U. S. Securities,
Railway Stocks, Gold Market,

Banka* etc

Quotations of Stocks and Bonds

City and

206

Corporation Finances

Canal and Miscellaneous Stock
and Bond List
S'ate Securities

Foreign Exchange, New York
City Banks, Boston Banks,
Philadelphia Banks. National
202
205

206

City Securities

209

207

212

Railroad Stock and Bond List..

THE COMMERCIAL
Commercial
Cotton

MAGAZINE,

TIMES.
225
226

221 I Breaastufts
222 I Dry Goods....

Epitome....

®i)c Cfyronid*.
The Commercial and Financial Chronicle is issued on

Satur¬

tranquility has been due to the redemption
machinery set up in Washington last summer? Its
efficient working has surpassed the expectation of even
its most sanguine friends, and Mr. Spinner, by his judi¬
cious arrangements, has earned the thanks of the mer¬
cantile and banking community.
Still there is no evi¬
dence that the redemption of bank notes, whatever its
other effects, has exerted much force in the development

monetary

Its benefit lies in another direction.
Redemption tends to give steadiness to the money mar¬
ket rather than to put down the rate of interest either
of monetary ease.

for discounts

or

for call loans.

Redemption relieves the plethora instead of fostering
By carrying off vast accumulations of idle bank
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE.
notes from this city and other centres, and by distributing
The Commercial and Financial Chronicle, delivered by carrier to city
subscribers, and mailed to all others:
%
these notes to the banks that have issued them in the
For One Year (including postage)
$10 25
For Six Months
6 10
remotest parts of the country, the redemption mechanism
Subscriptions will be continued until ordered stopped by a written order
is extremely useful, but its utility does not consist in any
at the publication office. The Publishers canuot be responsible for Remit¬
tances unless made by Drafts or Post-Office Money Orders.
Advertisements.
tendency to lower the rates for money. We might
Transient advertisements are published at 25 cents per line for each
deduce the same inference in regard to the other changes
insertion, but when definite orders are given for five, or more, insertions, a
day morning, with the latest n$ws up to midnight of

Friday.

it.

or

No promise of continuous publication in the heat
be given, as all advertisers must have equal opportunities. Special
Notices in Banking and Financial column 60 cents per line, each insertion.
liberal discount is made.

place

can

London Office.
The London office of the Chronicle is at No.

5 Austin Friars, Old Broad

street, where subscriptions aie taken at the following rates :
Annual Subscription to the Chronicle (including postage)
Six

months’subscription

william B. DANA,

£2 2s.

1 3s.

WILLIAM B. DANA & CO., Publisher*.
79 and 81 William Street, NEW YORK.

I

John a. floyd, jr.

j

cents.

.

Post Office Box 4 592.

A neat file-cover is furnished at 50 cents;
Volumes bound for'subscribers at $1 50.

postage on the same is 20

JESf" A complete set of the Commercial and Financial Chronicle—July.
1865, to date—is for sale at the office. Also one set of Hunt’s Merchant’s*
Magazine, 1839 to 1871, sixty-three volumes.
E3F* The Business Department of the Chronicle
Financial Interests in

is represented among

JJew York City by Mr. Fred. W. Jones.

THE

BANKS AND MONETARY EASE.

in the money market during
and winter has been attributed by some
persons to the recent changes in our banking laws.
By
others it has been more justly ascribed to various causes,
such as usually begin to operate after a commercial
panic as a preliminary condition of renewed life and
activity in business. Among these causes of monetary
eaS3, are the plethora of unemployed*capital and the re¬
st! iotion of the ordinary outlets for its use.
On the one
side the reservoir of loanable funds is full to overflowing,
and on the other side the ordinary channels of distribu¬
tion are temporarily blocked up, so thatdhere is an ex¬
cess of the supply over the demand which, as every one
knows, is the sure precursor of low rates. With regard
to our banking system however, and the changes it has
The

extraordinary

the past autumn




ease

lately made in our

doubt, to inflation, but they
yet had time to work, and several months

called reforms will
have not

as

banking laws. Some of these so-

tend,

no

begin to

away before the actual results will
make themselves conspicuous.
Hence, the part

must pass

which
they play in the development of the existing monetary
plethora is relatively unimportant. In the past these
changes in the banking law have done little harm, what
they may do in the future is uncertain and doubtful.
The Comptroller of the currency has just issued his
official report of the condition of the banks, 31st Decem¬
ber, 1874. This statement is very suggestive. It throws
much light on several of the questions above referred to.
It is also important in another point of view.
Ten years
have elapsed since our banking system was fairly
organized under the laws of 1863 and 1864. Never was
banking system set up in any commercial nation in the
midst of difficulties so appalling.
The mechanism was
partly old and partly new. Mr. Chase, the founder of
the edifice, was familiar with the banking law of Ohio.
Mr. McCulloch was practically familiar with the banking
laws of Indiana, Louisiana and New York.
These two
gentlemen, with their associates, selected the best parts
of each system of State banking, and with wonderful
sagacity and constructive power, fitted together the
disjecta membra. The organism they thus built up has
survived till now, and with little modification, is as they
left it, for the profound changes recently made in its
a

[February 27,1875,

THE CHRONICLE

196
constitution, have not as yet had time to
notable results.

to bank confidentially ex’
aming the hooks, the accounts, the securities, and the

produce any engaged in going from bank

'r

cash of every bank.
One chief purpose of this inspec¬
Comptroller of the currency for 31st
tion was to ascertain that the reserves of the banks were
December, shows the condition of the banking system
prior to.those changes; and it is probably the last of his amply kept up. Another point of interest in the forego¬
quarterly statements of which we shall be able to say ing table concerns the manner in which the banking
this. We published its aggregates last week, and now system has discharged the functions for which it was
set up.
These functions were first to open a market for
repeat them with the corresponding figures of previous
The

report of the

years, as

follows

United States bonds.

CONDITION OP TIIE BANKS OP THE UNITED

STATES,

1870 TO 1871.

Resources.

*
Loans and discounts

Overdrafts
U.S.bds to

U.S.bds to secure
Do.

on

95o,S61,397
'

secure

Circl’n )

dp’eits

852,620,661
4,195,891

4,66t,&51

300,840,200 344,104,200

j 3S9,331,400
i 14,815,200

10,301,750

23,155,150

15,189,500

8,630,850
21,S2S,123

f v’

381,453,500
10,396,100
23,160,557

17,675,500
23,061,184

23,893,300

64,805,062
37,478,166

hand

Other st’ks, bds & morts
Due from redeeming

Dec. 1(5,'71. Dec. 28,'’10,
$
*
880,938,593 818,990,3:1 725,515,538

Dec. 26,’73. Dec.27,’72.
*
$

Dec. 31,’71.

22,636,358

and

agents

80,488,831

73,032,047

86,401,459

77,985,600

Due from other nat’l b’ks

59,735,303

Do. State b’nks & b’nkers

40,404,758
11,185,253

R’lestate.rrnli’reJkllxtrea

35,556,746

42,707,613
12,008,843
3S,014,796

43,313,344
13,069,301
30,070,333

8,454,803

7.330,424

6,905,073

7,097,847
13,596,723

5,956,073
13,784,421

8,251,648
13,229 403

reserve

8,678,170
7,987,707

Current expenses
Premiums

Checks &Other cash Items

14,026,113

12,321,973
62,881,842
21,371,456
31,723

Exch’ges for Cl’rlng h’se
Bills of other natn’l h’uks
Bills ot State hanks

114,538,539
13,033,901

76,208,70?
17,001,846

2,061,600
29,595,299
93,942,707

2,150,522
26,307,251
80,580,745

21,400,000

41,815,070

2,287,454

2,270,576

26,977,038
101,922,506

19,(47,336

133,523,000

21,010,003

Specie

Legal tender notes
U.S.certlflc’tesof dep'sit
for legal tender notes..

Cl’ring-house certillcates
Do. loan certificates

100,537,369
12,650,000
5,560,000

3,797,030

960,000

ct. certificates
U.S.Treas.5p.c.rcdm. fd.

Three per

Do. other

90,145,482

2,293,182
22,436,761
82,751,791

Fractional currency

9,824,144
23,021,637

19,028,425
41,897

16,935,063
4,108,020

deposits

1,902,403,455 1,729,330,303 1,773,556,532 1,715,861,897 1,533,993,106

ToJal

Liabilities.

Capital stock paid In
195,902,481 2490,266,611
Surplns fund
130,485,641 120,967,768
Undivided profits
51,477.629
5S,375,169
Nat.h’nk notes outst’od'g 332,013,907
311,320,‘255
State h’nk notes
do
1,130,535
Div.dends unpaid
6,038,845
1,269,175
Individual deposits
682,855,066 540,504,103
U. S. deposits
•
7,492,397
7,680,375
Deposits U.S.dish.oinc’rs
8,579,722
4,705,593
Due to national banks.... 129,190,276
114,9%,667
Do. State b’nks & b’nkers
51,627,99?
36,598,076
Notes&hillH rediscounted
6,867,652
3,811.483
Bills payable
5,398,900
3,8:6,137
Due to Clearing-house for
loan certificates....
3,928,000
1,902,108,155 1,729,330,303
2,027
1,976

Total
Number of hanks....

482,606,252
111,410,218
56,762,411
336 239,285

7,863,891
5,136,597
124,213,392

460,225,866
101,573,153
49,630,925
318,265,481
1,886,538
1,393,428
596,586,187
14,829,425
5,399,108
118,657,614

31,794,963

38,116,950

6,545,079
6,946,416

4.922.4.75
5,374,392

1,511,396
1,356,934

598,114,679

435,356,004
91,705,740
46,056,128
296,205,446
2,091,799
2,242,556

507,368,613
6,074,407
4,155,301
106,090,414
29,200,587
4,612,131
4,S3?,667,
c

1,773,556,532*1,715,861,897
1,910

1,790

1,538,998,106
1,G!8

The most

important lessons suggested by this table
are connected with the steady growth of the banking
edifice from its first foundation till now. Every year
has shown a steady increase, both in the number of the
banks and in their apparent prosperity. Thus in 1800 the
aggregate capital was 420 millions.
It has increased
slowly but steadily to 495 millions at present. The
deposits in 1870 were 507 millions, in 1871, 590 millions,
and in

1874

082

millions.

The loans and 'discounts

millions, in 1870 to 725 mil¬
lions, in 1871 to SIS millions, in IS72 to 880 millions,
and in 1871 to 955 millions.
A system of banking,
which has been established in place of the prodigious
disadvantages of our paper money era, must have had
extremely solid foundations to rest upon, as well as great
'elasticity and strength in the materials of which it is
constructed.
Another peculiarity of our banking sys¬
tem is its ample reserves of cash.
The banks were
enabled to hold large reserves by certain privileges con¬
ferred upon them in regard to their circulation and
amounted in

otherwise.

1809 to

The

082

greenback

reserves

of the

hanks

amounted in 1809 to 129

millions, in 1870 to 122 mil¬
lions, in 1871 to 115 millions, in 1872 to 119 millions, in
1873 to 132 millions, and in 1874 to 235 millions.
So

important have the
the last ten years




been considered that during
a^n umber of^inspectors have been

reserves

This office has

evidently been
iulfilled. The banks have held during the past ten'
years an average of from 300 to 400 millions of United
States bonds, so that these securities have been in no
danger of coming upon the market in any panic or
financial crisis.
As the Bank of England throughout
almost its entire existence, has lent its capital to
the British Government, so have our banks lent their
capital to the Treasury of the United States. Another
function which our banking system was expected to
fulfil was to give to the country a uniform currency of
bank notes, to the exclusion of the greenbacks, and
especially of the old State bauk notes which were the
most mischievous and explosive currency with which
any nation was ever troubled.
The latter of these two
offices our banking system has perfectly achieved.
The
State bank notes are completely extinguished. As to
the greenbacks the original intention was to withdraw
them, but that great work remains to be accomplished
in the future, and has so far baffled all our efforts.
The third function of our national banking system
was to prevent
panics, this part of the programme has
certainly been accomplished. We have been, during the
last ten years, more free from financial panics than for¬
merly. How far this exemption has been due to the
influence of the banking system, we do not here'attempt
to estimate.
That the benefit lias resulted in part from
its good offices will no doubt be conceded even by its
enemies.
The friends of the banking system contend
that our last panic was brought on by a relaxation of
wholesome rules by some of our banks, and was ter¬
minated so speedily and prevented from spreading by
the action of the sound parts of the banking mechanism.
Our readers will deduce for themselves many other
lessons from the instructive figures of the Comptroller’s
report. We commend to special attention the report
for 1873 as compared with that of the subsequent year
as well as with those immediately preceding.
It will be
observed that, the panic of 1873 touched the banks very
superficially. We have thus a new proof of the fact
that that disaster was not a commercial crisis, still less
was it a credit panic.
Its real nature was what Mr*
James Wilson, in 1847, called a “capital panic.” Its
cause was simple and its extent limited.
It was pro¬
duced by the too rapid conversion of * floating capital
into fixed capital—in railroads and other works which
were not immediately capable of being made remunera¬
tive.
Xow, it is the peculiarity of such panics to ter¬
minate in rapid, energetic recovery.
If we do not re¬
tard the recuperative energies of our financial and
industrial system, there is little doubt.that we shall find
this recovery speedily realized.

:

!

,

TIIE SINKING FUND AND TIIE NEW TAX BILL.

reported in the House a fortnight ago for $he
“Protection of the Sinking Fund,” has lost its name
and character.
As passed on Tuesday it makes no effi¬
cient provision for the immediate service of the sinking
fund, and it ought not to become a law. It has wrholly
lost the favor with which the public mind regarded it,
The bill

February 27,

197

THE

1875 ]

ostensibly claimed to support the credit of the- this bill, if they had frankly acknowledged the trtitli.
Government. The following is the text of the bill as it They should have called the measure a bill to create
passed the House on the 23d iost. by a vote of 123 to surplus in the Treasury to be used for the purchaseof
when it

113:
Sec. 1. That from and after the date of the passage of this act,
there shall he levied and collected on all distilled spirits thereafter

produced in ilie United States, a tax of 90 cents on each proof gallon,
or wine gallon when below proof, to be paid by the distiller, owner,
or person having possession thereof before removal from the dis¬
tillery bonded warehouse, and so much of section 325 of the Re¬
vised Statutes of the United States, as is inconsistent herewith,
is

hereby repealed,

r.

Sec. 2, That Section 3,36S of
game

the Revised Statutes be, and the
words “ 20 cents a

silver and for other purposes.
We argued a fortnight ago

in favor of the sifckifcg
fund, and urged the necessity of supporting it by nttW
legislation. We now oppose Mr. Dawes’ bill because1it
not only makes no specific provision for the sfnkffi'g
fund, but it prevents such provision from being r&Ade
hereafter. Two things require to be done for the sinking
fund.

is hereby amended, by striking out the

It has heretofore been left too much

under the

pound” and inserting in lieu thereof the words “24 cents a discretionary control of the Secretary, who has revived
pound.” Provided, That Section 3,394 of the Revised Statutes its provisions when he could and has disregarded them at
be and the same is hereby amended by striking out the word
times. Under these circumstances the duty de¬
five ” wherever it occurs therein and inserting in lieu thereof other
the word six ;” and by striking out the word “ sixty ” and insert¬ volves on Congress first to devise a new policy and to
ing “ seventy-five.” [This increases the duty on cigars from $5 to
$6 a thousand, and on cigarettes from $2 60 to $2 75.] Provided, embody it in clear, simple provisions of law ; secondly,
That the increase of tax, herein provided for, shall not apply to this new law must leave as little as possible to the arbitobacco, cigars or cigarettes on wliiclUtlie tax under the existing

“

discretion of the Secretary, and till it is passed the
Sinking Fund lawr should remain in abeyance, as it has
toms, syrup of sugar-cane juice, melada, and on sugar, according
been for the greater part of the period since its enact*
to the Dutch standard color, imported from foreign countries,

law shall have been paid when this act takes
Sec. 3. That on all molasses, concentrated

effect.

trai-y

molasses, tank bot¬

collected, and paid, in addition to the duties
imposed in Schedule G, Section, 2,504 of theRevised Statutes,
an amount equal to 25 per cent, of said duties, as levied upon the
several articles and grades herein designated ; provided that con¬
centrated melada or concrete shall hereafter be classed as sugar,
dutiable according to the color of the Dutch standard, and melada
shall be known and defined as an article made iu the process of
sugar making ; being the cane juice boiled down to the sugar
point, and containing all the sugar and molasses resulting from
the boiling process, without any process of purging or clarifica¬
tion ; and any and all productions of the sugar-cane imported in
bags, mats, baskets, or other than tight packages, shall be consid¬
ered as sugar, and dutiable as such.
And provided further, that
of the drawback, on refined sugars excepted, allowed by Section
3,019 of the Revised Statutes ot the United States, only one per
cent, of the amount so allowed shall be retained by the United

in 1862.

there shall be levied,

ment

now

objection to Mr. Dawes’ bill is, that it is
doing commercial mischief and threatens more mischief
The second

session of Congress has
offered so little occupation for the lobby in their usual
business that their ingenuity seems to have found vent
in new channels.
At least, Madame Rumor is malicious
enough to ascribe to these gentlemen a large share in the
fabrication of several innocent looking statutes which
will hereafter work evil to the country if they do not
bear fruit in future trouble to the lobbyists and scandal
States.
to their friends.
In constructing the bill before us, the
Sec. 4. That so much of Section 2,503 of the Revised Statutes
whole of the lobbyist Ring is said to have been zealously
as provides that only 90 per centum of the several duties and
rates of duty imposed on certain articles therein enumerated
busy. For example, they agitated the tea and coffee tax,
by Section 2,504 shall be levied, collected, and paid, be and the
and on the first warning that the duties on these great
same is hereby repealed ; and the several duties and rates of duty
prescribed in said Section 2,504 shall be and remain as by that articles of commerce would be re-imposed a lively specu¬
section levied, without the abatement of ten per centum, as pro¬
lative movement. A few speculators have gorged them¬
vided in Section 2,503.
Sec. 5. That the increase of duties provided by this act shall selves with wealth by this little adventure, while hundreds
not apply to any goods, wares, or merchandise actually on shiphoard and bound to the United States on or before 10th of Febru¬ of honest traders have been ruined. It is said that there
ary 1875, nor on any such goods, wares, or merchandise on de¬ was no intention from the very first that the tea and
posit in warehouses or public stores at the date of the passage of coffee duties should be renewed, and that the whole agi¬
this act.
Section 6 provides that nothing in the act of February 8, 1875, tation was a speculative manoeuvre got up by a clique
(the Little Tariff act)—shall be construed to impose any duty on
with a view to make money. However this may be, it
bolting cloths theretofore admitted free of duty, or to require
the
of stamps on the entries of receipts in the pass-books of is certain that the tea and coffee duties are not in the
savings banks.
above bill, and the thoughtful reader may be puzzled to
There are three objections to this bill. First, it does account for the omission. The imposts ought never to
not fulfill its original purpose.
Secondly, it inflicts and have been taken off, and they should be restored in any
threatens commercial mischief.
Thirdly, it violates the bill which really designs to increase the revenue either
fundamental principles of tax legislation. As to the for the sinking fund or for any other popular and legiti¬
first point it is so evident as scarcely to need proof. The mate end.
But the lobby are blamed, not only for omitting tiaxes
avowed design of the bill, at its origin, was to raise
thirty-five millions for the sinking fund. The bill now from the bill, but-for sins of commission also. They are
drops the sinking fund altogether, and the revenue it accused in regard to the whiskey tax especially. In¬
adds to the Treasury is not appropriated either for that genious manoeuvres, like those above referred to, have
converted whiskey into an element of speculative intox¬
or
any other specific service.
From aught that appears on the face of the bill, ication, by which the knowing few find themselves sud¬
the Secretary may spend the new revenues, created denly rich at the expense of the less astute masses of
by the measure, in buying an immense stock of sil¬ honest dealers.
Nor is this all. The speculation stirred up by the bill
ver bullion from the teeming mines of Nevada, whose
speculative owners will be glad to find the Trea¬ has extended the dislocation of prices among a multi¬
sury so large a buyer.
An unbiased person, in reading tude of articles of commerce charged with 10 per cent,
this bill and comparing it with the second section of the additional duty under the fourth section of the bill.
law of January 14th, can scarcely come to ftny other Moreover, sugar and tobacco are each touched by the
conclusion than that the one bill is intended to supple¬ withering hand of this new tax law, which has spread
ment the other. President Grant, in signing the Finance the more consternation and loss among the people be¬
Bill, very judiciously pointed out that it required a sup¬ cause no new taxes were looked for this session, and the
plementary act, and here we have the very measure industrial mechanism of the country is very sensitive to
which the President suggested. It would, therefore, pertubation in consequence of the last panic.
The
have been more honest on the part of the promoters of ravages of that great disaster ^ere being hopefully reuse




in

the future.

The preseut

[February 27, 1875

THE CHRONICLE.

198

blow has been given to the recuper¬ tinent the rate per spindle appears to be 45 pounds, as
ative process by this and other proceedings of Congress was estimated.
According to these data the actual con¬
during the last two months. So conspicuous are these sumption was as follows. Our spindles include only
evils that we more often hear than ever before the fer¬ spinning spindles :
Pounds.
Balts,
vent wish expressed in conservative circles that the cur¬
Great Britain—36,5000,000 spindles at 34* lbs..
1,950,125,000 = 8,181,000
832,000,000 = 2,239,000
rency and the business of the country may hereafter, by Continent—18,500,000 spindles at 45 lbs
some expedient
Total
2,082,125,000 = 5,420^000
compatible with free institutions, be
All authorities agreed that the consumption in Eng¬
protected against rash legislation, and raised beyond the
land for 1875 cannot increase upon that of 1874, because
reach of mischiefs which are now too frequent.
Thirdly, Mr. Dawes’ bill offends, as we said, of the reduction in factory working hours by Act of
against the chief canons of tax legislation. These Parliament. On the Continent an increase of five per
are well known.
They require that taxes should be cent is generally expected. For that aggregate con¬
few and as simple as possible.
as
Here we have sumption the requirements of cotton will be :
Pounds.
Bain.
a bill
to raise the supplementary sum of 35 millions
Great Britain—36,500,000 spindles at 34* lbs
1,253,000,000 = 3,218,000
of dollars for a doubtful purpose; and this pur¬ Continent—19,500,000 spindles at 45 lbs
877,000,000 = 2,290,000
Total maximum consumption
2,130,000,030 = 5,503,000
pose it achieves by taxing a larger number of articles
than the whole revenue system of England touches
This, as it seems to us, is the largest attainable con¬
to extract ten times this amount of revenue.
The sumption.
With regard to. the supply, let us, for the purposes
simple tax on tea and coffee would have solved the
whole difficulty.
It would have raised all the revenue of this statement, assume that the American crop now
that the sinking fund really needs, and it would have coming in is 4,000,000 bales.
Facts, past and present,
make it quite clear that not more than 1,200,000 bales
conformed to the canon of taxation above cited.
Then
again, taxes, as Adam Smith tells us, ought to be so will have been taken from this crop for home use, and it
imposed as to take out and keep out of the pockets of may be less if the prospects for the next crop shall be
If 1,200,000 bales be retained
the people as small a sum as possible over and above favorable after 1st June.
what is paid into the Treasury.
Whether the bill before from an out-turn of 4,000,000, there will be 2,800,000
us have any
design or intelligent purpose pervading it bales for export to Europe. For the imports to Europe
What cannot be from other countries we accept the latest minimum
may by some persons be doubted.
The available supply to meet the requirement
doubted is, that if it be not killed, this bill will bring estimate.
little revenue immediately into the Treasury, while it for 1875 will then stand :
Bales.
Pounds.
will pour millions into the pockets of the speculators.
Stock in European ports, Jan. 1, 1875
1,084,000 = 422,500,000
We will not pursue this measure with further argument. Stock held by spinners, Jan. 1, 1875...
310,000
Less clothing new machinery, five years
60,000
Its friends do not pretent that it will do much for the
Treasury during this fiscal year. On that ground alone
Leaving available for consumption
250,000 =* 97. TOO,000
paired, but

a severe

-

r

it stands condemned'.

Hence

even

if it

were

not

so

excessively unpopular, and if it were not daily assailed
throughout the country by a multitude of hostile argu¬
ments besides
our

recent

those discussed

the nation is

no more.

These

are

not times in which

disposed to be tolerant of needless fiscal

We regret to see

Mr. Dawes’ as sponsor to
such a prodigy of imbecility.
Throughout the country
it is regarded by all classes of people with mingled sus¬
picion, dislike and reprobation. Its success in the House
gives a new proof of the danger of crowding too much
business into the closingjhours of our Sessions of Congress.

and hands of spinners, Jan. 1, '1875

2,800,000

Other sorts

import

Estimated maximum

=

520,000,000

1,235,000,000

=

893,000,000

5,520,000

*

Estimated minimum

Probable excess,

=

2,720.000

Import—American

Total

1,384,000

Pounds.

Bales.

specimens of fiscal sagacity ought to perish

and be heard of
exactions.

above, this crudest of all

In ports

supply
consumption..*...

.

= 2,128,000

000

6,S54,000 =2,648,000,000
5,503,000 = 2,108,000,000

Dec. 31, 1875, in port and held by

spinners

1,351,000

.......

The above result is reached

on

=

518,000,00o

the basis of what

we

believe to be the

largest possible consumption, and also,
with the exception of our own crop, on the lowest esti¬
mates of supply.
It is hardly necessary to add, in view of
these facts and of the year’s history, that the prospects of
our

next crop

must have potent influence upon the course

during the Summer. We should remem¬
In the CnRONiCLE of a year ago (Feb. 21, pages 179- ber, however, that there is a limit to the capacity for con.
180) we estimated that the maximum consumption of sumption; it is fixed until new consuming power shall be
cotton in all Europe during 1874 (that is, in case all the constructed, which is not to be expected to any extent
until the business becomes more profitable.
spindles were run on full time) would be :
of the market

CONSUMPTION OF COTTON IN EUROPE.

Total

Consumption—

Average

bales.

pounds.
390

In Great Britain

On Continent

2,322,300

Total.

pounds.

372

1,258,000,000
864,000,000

382*

2,122,000,000

THE TEA TRADE SINCE 1871.
To the Editor of

the Chronicle :
entering into consumption in the United
The average weight of bales in the supply proved to States, in 1871, was 46,995,257 pounds. The value of the same
The duties were then 25 cents per pound
be about five pounds per bale more than our estimate, was $14,743,683.
upon one description, and 15 cents upon another, and the amount,
requiring fewer bales for the required pounds. The collected was $8,326,365. The total cost, duties included, was to
spindles both in England and on the Continent have run the importers, $55,321,622, equal to 49 cents per pound; cost with*
nearly to full time through the year. We estimate the out duties*31*4 cents.
The amount imported in 1872 was 34,224,493 pounds, the value
reduction from full time in each as equal to 500,000
being $10,736,906. The duties uniform at 15 cents per pound,
spindles for the year, or 1^ per cent in England and
amounted to $5,133,674; total, $15,870,580, as the cost to the
per cent on the Continent (chiefiy in Germany).
The
importers, equal to $46‘4 cents per pound; without duties, 317
Total

quality of goods produced in England has been better
increasing the quantity of
cotton per running spindle to 34£ pounds.
On the Con¬
and heavier than since 1871,




The amount of tea

cents.
were thrown on the market 106,398,524 pounds
838,058,068, free of duty, costing the importers 86 cents

In 1873 there
value

199

THE CHRONICLE.

27,1875 ]

February

pounds, only 64,815,136 ! Catest Manetcm) anir dammercial (SnglUl) News
pounds were imported in 1873, the balance being “ withdrawals.’* RATES OF BYCHANGE AT LONDON* AND ON LONDON
pound. Of this amount of 106,398,524

per

imported was 54,410,055 pounds, free Of
duties, and costing $21,050,243, equal to 40 cents per pound.
We thus see that the result of the repeal of the duties on teas
has been as follows : Teas in 1871 cost, on an average, 314, and
in 1872, 3T7 cents per pound ; average, 31£ cents ; and together
gave the Government a revenue of $13,460,059.
In 1873 and 1874 teas cost 36 cents per pound, and in 1874, cost
40 cents per pound; averaging for the two years, 38 cents per
pound.
Teas then, it appears, advanced in cost in 1873 and 1874 from
31| cents to 38 cents, making on an average a difference of 61
In 1874

the amount

3781781

EXCHANGE AT LONDON—
FEBRUARY 12.

of $17,883,779.
These facts, in connection

That Teas should advance so

much abroad, or that

importations should have been of so much higher qualities
as to occasion this wide difference, is equally surprising ; but the
fact that all this difference has taken place, cannot be a matter of
the

20.68

Paris

Vienna

•

Berlin
Frankfort
St. Petersburg

•

•

•

•

Cadiz
90 days.
Lisbon
3 months.
Milan
«<
Genoa
44
Naples
New York
Rio de Janeiro
Bahia
.

..

by a rise of prices in tea-growing countries, it would
seem that the latter gained, in a large degree, what the revenue
of the United States lost.
If caused

52X@52X
28.10@28.20
28.10@28.20
28.10@28.20
•

•«

.

Buenos Ayres..

....

,

,,,,

*

4k

mos.

short.

u
....

3 mos.

9.

Jan.
•

8.
•

days.
days.

60
90

Feb. 12.
Jan. 16.

•

•

•

•

.

.

....

•

.

-

-

....

Singapore
Alexandria....

,

....

,

,

idxrf.

is.
Is. 10 %d.
4s.
OXof.
5s. 6y^d.
4s.

....

Sydney

.

....

•

•

•

....

....

0X<L

6

Feb. 11.
Feb. 8.
Feb. 4.
Feb. 4.

•

•

•

!

mos.
••••

Is. 10 9-16cf.
Is. 10 Xd.
4s. 2Xtf.
5s. 8Xd.
....

....

3

[From our own correspondent.]
London, Saturday,

demand for gold has now

•

....

....

....

mos.
....

Feb. 10.

....

The export

26*

50X®50X

•

.

•

$4-84

•

•

60 days.

Hong Kong...

111.10
20.49
20.49
33 13-16

....

.

....

Shanghai

11.73
25.14
20.33
25.16

...

.

.

....

Calcutta

general rise in the price of teas has taken place since
the gold discoveries in California and Australia, has been shown
and accounted for by Mr. Walker in his “ Science of Wealth,’’
page 482, from which it appears that the advance from the year
1848 to 1864 was equal to 38 per cent.
#
'Yours truly,
A. B.

3

....

•

Bombay

a

......

RATS.

....

....

Feb.

.■

Valparaiso
Pernambuco..
Montevideo...

3 mos.
short.

Feb.12.

....

.

44
\i

20.68 @20.73
20.68 @20.73
32 11-16@32X
48 @18X

....

....

44

44

11.32X@11.37X

•

•

•

short.

Feb. 12.

@20.73

short.
25.12X@25.25
3 months. 25.42X@25.47X

Penang

dispute.

That

It

Paris...:

....

with the repeal of the duties, are
remarkable, whether regarded as a consequence or

ll.HX@11.15X;

short.

TIMS.

LONDON.

DATS.

3 months. 25.87X@25.42X

Antwerp
Hamburg

sum

BATS.

TIMS.

-

Amsterdam...

the importations of those two years (which, together
amounted to 119,225,191 pounds) of $7,153,510; while the Govern¬
ment lost in revenue, at 15 cents per pound, the rate in 1872, the

coincidence.

EXCHANGE ON
LATEST

ON

cents on

surely very

AT LATEST DATES.

4

96
....

Feb. 13, 1875.

almost entirely ceased,

included in this week’s
Bank return, there has been a slight falling off in the resources
of the establishment. During the week £650,000 in bar gold had
been withdrawn from the Bank for transmission almost solely to
Paris; but the actual decrease in the supply does not exceed
£467,068, and, consequently, there has been a return of about
FINANCIAL PROSPECTS.
£183,000 from provincial circulation. There has also been a re¬
To the Editor of the Financial Chronicle:
turn of £460,104 in notes, and, therefore, the diminution in the
There are facts not specifically alluded to in your article of total reserve becomes trifling. While the proportion of reserve
February 20 on “ Financial Prospects,” which strikingly confirm to liabilities shows but little variation, the present amount being
the views there taken. I find in the London Bankers' Magazine 42£
per cent., the return shows that the Bank is transacting a
for February, 1875, the following statistics in regard to capital
larger discount business, the increase in “ other securities” being
furnished in that market:
Capital required by
Year.
New Companies.
£44,-81,01:0
44.374,744
1874
20,512,480

Year.

Capital required for
Foreign Loans.

£227,781,825
128,840,700
29,140,000

but

as some

of the recent operations are

£225,870, and that, in consequence of the payment of the direct
taxes, the treasury balance has been augmented by £1,108,795.
The latter item, however, is much below that of previous years;
but at the same time the expenditure of the country is less, and

capital required for English loans fell off one-half in 1874, the statesmen comprising the present government are still of the
foreign loans fell off about £100,000,000 in each opinion that the revenue, diminished as it is by reduced taxation,
year since 1872, while funds are there accumulating so that the will be adequate to the requirements of the country.
In addition to the movement this week over two millions ster¬
Turkish loan of £15,900,000 issued in September last brought
The

while that for

in

subscriptions of three times that amount. You will also
that the new loan of the City of Paris issued since

recollect

ling was withdrawn in gold last week from the Bank of England for
transmission chiefly to Paris. French credit has, as is well known,

brought in subscriptions of forty times the vastly improved during the last few months. The facility with
required. I also notice that the French rentes are higher which the indemnity was paid has afforded conclusive evidence
now than they have been at any time since July, 1870, when the
of the great wealth of France, and consequently, while the
National bonds were below par,'there was a steady and bona fide
rate of interest had remained for a considerable time at 2\ per
The six per cent. National Defence loan,
cent, in France (and 3 per cent, in England), and before the demand for them.
trouble which followed the offering the crown of Spain to Prince brought out here by Messrs. Morgan & Co., at the price of 85, is
Leopold and the subsequent position assumed by Napoleon HI., now worth 104 £o 105. While the two five per cent, loans, intro¬
duced after the conclusion of peace, at 82£ and 84J, are now
which resulted in the war^with Germany.
At no time since 1870 until now has there been at those two quoted at 101 £ to 102.
The six percent, loan would be command¬
financial centres such a scarcity of investments deemed by the ing a still higher premium were it not for the fact that the
capitalists of those two points to be satisfactory. But the turning amount is small and that holders are anticipating being paid off
February 1, 1875,
amount

distant date. In consequence of this demand
stocks any loan in France, guaranteed by
the people, or by any opulent section of it, is speedily subscribed,
England been as small in amount as they have been in the last and hence we find that the new loan of £8,000,000 for the City of
month at the low rates of 3 and 3£ per cent. Low rates (at any Paris has attracted a “j^reat deal of attention, the applications
rate not over 4 or 4| per cent.) are likely to continue jthere until
having exceded forty times the amount required. It has been
next November.
The German change of currency is producing with the object of subscribing to this loan that so much gold has
ess trouble than was anticipated. The world will be practically at
lately been sent to Paris. Unmatured bills on London have been
peace, and the necessities of consumers will rtvive business, of freely discounted, and the proceeds have been remitted in gold.
which America will get its full share.
This is my anticipation, Fortunately our money market can well bear the strain, for fte
demand for money is still greatly restricted.
based on the above and other considerations.
Our trade remains extremely quiet, there being scarcely a de¬
Boston, Mass., February 24, 1875.
Henry N. Stone.
partment in which either buyers or sellers are disposed to operate
—The Erie Railway Company gives notice that the coupons of in excess of actual requirements. We have now arrived at the
the Second and Third Mortgage Bonds ot the New York and Erie
period of the year when business should show decided signs of
Railroad, and Consolidated Mortgage Bonds, Erie Railway Com
revival, and considerable activity should be noticed for spring
pany, due March 1st next, will be paid on presentation at the
office of the Treasurer of the Company, Mr. W. P. Shearman, on goods. Such, however, is by no means the case, the accounts
and after March 1st. The March coupons of the Erie Railway published this week stating that orders are very difficult to obtain.
Company Six per cent. Sterling Bonds will be paid at the office of In some of the woollen manufacturing districts the appearance of

point, in my judgment, has about been reached, and American
loans, when based on reasonable security, will soon again be in
favor. At no time this ten years have the loans ot the Bank of

Messrs. J. S. Morgan & Co.,




London.

at par

at no very

for Frence Government

[February 27, 1876,

200
had given a better tone, but with this ex¬
ception, business has been very contracted and disappointing. It is
remarkable, nevertheless, that the traffic upon ourjeading lines o!:
railway, and especially upon that in the manufacturing districts,
should show so large an increase over last year. The North Eastern
Company’s traffic shows an increase of £8,897, the Midland 01!
£9,300, the London & North Western of £5,782, the Great West¬
ern of £1,372, the Manchester, Sheffield & Lincolnshire of £2,708,
and the Great Northern of £4,074, compared with the correspond¬
ing week of last year. It is difficult to account for this increase
of traffic, for there has been no augumentation of fares compared
with last year, while the increase in the mileage of the lines
mentioned is quite trifling.
During the week the money market has assumed a decidedly
easier appearance. A large proportion, amounting to 90 per cent,
of the deposits made on account of the City of Paris loan have
been released, and the Paris money market has alpo become ex¬
tremely easy, the best bills having been taken in the open market
at 3 per cent.
The London market has been completely wanting
in animation, while in the Stock Exchange only 4 per cent, has
been obtained at the settlement for loans for short periods on
foreign stocks, while, as regards English Government securities,
not more than 2 per cent, has been procured.
The rates of dis¬
some

count

are as

follows:
Percent. |
3

Bank rate

j

Open-market rates:
30 and 60 days’ bills
The

3

6 months’bank bills
3 @3#
4 and G months’ trade bills. 3 @3#

234<g>2% 1
2jJ4©2% |

3 months’bills

Percent.

4 months’bank bills

the following

joint stock banks and discount houses allow
for deposits :

rates of interest

Per cent

-

2

Jointstock banks
Discount houses at call
Discount houses with 7 days’ notice
Discount houses with 14 days’notice...

The

following

are

©....

2 @.

..

...

2)*®....

the rates for money at the leading cities

abroad:
Bank

Bank Open
rate, market,
per

per cent, per cent.

3)4

Hamburg
Berlin
Frankfort
Viennaand Trieste....

4

Antwerp
Bremen

4)4

6®S

6
4

St.

j

5*

Petersburg

.

.

.

.

f

3)4

.

.

2%
3)4
4)4
3)4
5@5)4
4®tt

4

Copenhagen
New

....

York.

5@5X
f

ttf#

...

6tf

Calcutta

3

.

4

Genoa
I Geneva

Madrid. Cadiz and Bar¬

Brussels

4)4

Rome

Leipzig

8#
4#

celona
Lisbon and Oporto....

cent, per cent.

and

Turin, Florence

vim

4

Amsterdam

3)4
8)4
3

Paris

Open
market

rate,

2)4 @3

showing the present position of the Bank
England, the Bank rate of discount, the price of Consols
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40 Mule yarn fair second quality ,
and the Bankers’ Clearing House return, compared with the
four previous years :
Annexed is

a

statement

of

1871.

Circulation, including

£

bank post bills
23,935.301
Public deposits
Other deposits
18,930,972
Government securities. 12,915,011
Other securities
18,723,706
Roserve of notes and
coin
13,669,025
Coin and bullion in
both departments
21.885,090
Bank-rate
2)4 p. c.
Consols
92>g d.

7^740,546

1873.
£

1874.
£

1875.
£

25.023,424

25.699,442

26,266,742

6,767,740

20,610,150
13,995,444
20,031,544

25,281,094
13,075,085
19,597,493
13,287,6S8
22,737,892

19.126.040

5.329,329
17,358,112
13,558,721

14,240,020

15,122,901

12,192,618

9,833.022

23,878,355

9,309 021

13,896.607
18,184,363

17,577,602

25,005,746

22,508,478

20,752,957

3 p. c.

3X p. c.

92^d.

92#d.

3)4 P- c.
92>g(l.

53s. 7d.

55s. 4d.

63s. 9d.

7^d.

lltfd.

56s. 2d.
9 15-16d.

3 p. c.
93s. Od.
42s. 7d.

8d,

Is. 3d.

Is. Id.

18.

93,636,000

97,942,000

01,460,000

Mid. Upland cotton
..
No.40 mule yarn fair 2d

Is. 4d.
quality
Is. 0%d.
Clearing House return. 90,716,000 94,132,000

very little demand for gold for export, only a few
parcels having been sent away chiefly to Portugal and South
America. In the price of silver there has been no material altera¬
The following are the present quotations for bullion :
tion.

There is

*

GOLD.

Bar Gold
Bar Gold, fine
Bar Gold, refinable

per oz.
per oz
per oz.

Spanish Doubloons
..

^
Bar Silver, Fine
Bar Silver, containing 5 grs.
Mexican Dollars
Five Franc Pieces

Messrs. J. S.

8.

standard.
standard.

standard.
per oz.
per oz.
peroz.

South American Doubloons
United States Gold Goin

Spanish Dollars (Carolus)

d.

8.

®
@
77 11)4 &
I... ®
73 8* ®
77
77

76

9
9

4%®

d.

...

....

....
....

receive




-

applications on or before the 26th inst. for the exchange of the
company’s redemption bonds for new six per cent, sterling £200
bonds to the amount of £500,000, to be issued under the general
mortgage for $15,000,000. The bonds will bear interest from 1st
April next, and will be repayable in 1895.
Messrs. Cummins & Chinnery announce an issue of £300,000 in
first mortgage seven per cent, mortgage bonds of the Utica|
Ithica and Elmira Railroad Company, the price of issue being
£175 for £200, with interest dating from the 1st day of January
last.
The bonds are to be redeemed at par in 1902 by a sinking
fund commencing in 1878.
Subscriptions are also invited by the Grand Trunk Railway of
Canada to an issue of £600,000 five per cent, perpetual debenture
stock at the price of 90, or reckoning allowances for immediate
payment at 88 per cent. A moiety of that issue is required to
purchase the rolling stock, as well as Toronto railway station, the
leasing of which entail an annual charge of £25,000. The balance
is to be appropriated to the general purposes of the company.
Messrs. J. S. Morgan and Co. announce that they are prepared
to receive subscriptions for $3,000,000 U. S. Currency Six per
Cent. Consolidated Mortgage Binds of the Lehigh Valley Rail¬
road Company, bearing interest from 1st March, 1875, at the rate
of six per cent, per annum, payable for the 1st three months on
1st June, 1875, and half yearly thereafter on 1st December and
1st June, at the price of 88 per cent. (4s. per dollar) or £176 per
Bond of 1,000 dollars, payable as follows :
£20 per Bond on al¬
lotment ; £156 per Bond on 3d March next; total, £176.
Messrs. Norton, Rose & Co. have invitated applications for
2,000,000 dollars Seven per Cent. Currency Bonds of the Delaware
and Hudson Canal

Company.
price of issue is 95 per cent., or £190 per 1,000 dollar Bond.
Owing to the renewed st%ke of the money market, a firm tone
has pervaded the stock markets, and an almost general advance in
prices has taken place. British railway shares have experienced
a marked improvement, owing to the favorable character of the
traffic receipts.
American government and railroad securities
have been in steady request for investment, and have realized a
The

further advance.
The trade for wheat, including other kinds of grain, has been
dull, and it has been found to be extremely difficult to obtain
former prices.
Millers operate with extreme reserve, believing
that if the harvest prospect be favorable, they will be able to ef¬

purchases on still
afloat is estimated at

fect their
now

....

s. d.
s. d.
per oz. standard flat, 4 9)4
®
Gold.per oz
do.
4 9 15-16® . ..
® ....
per oz. .last price.4 8%
per oz..none

here

her*.

...

1,661,270 quarters, against 1,602,570

quarters last year.
According to the official returns, the imports

....

of wheat into the

Kingdom last month amounted to 2,627,060 cwt.,of which
1.438,384 cwt. were from the United States. Compared with the
corresponding month of last year, there is a diminution of rather
more than one million cwt.
Of flour the imports have been 519,*
795 cwt. against 662,420 cwt.; while those of barley have increased
from 748,396 cwt. in 1874 to 1,295,935 cwt., and of Indian corn
from 952,165 cwt. to 1,305,605 cwt. The estimated value of our
imports in the first month of the present and last two years is as
United

follows

:

1875.

1874.

1873.

£1,355,858

Wheat

£2.516,909

£2,536,275

Barley

518,271

351,146

574,542

416,751

594,384

Oats
Peas
Beans
Indian
Flour

.

corn

294,360
63,749
76,187

363,175
22,914
90,365

187,659
31,149
97,346
425,563
654,627

662,869

416,011

£1,443,495

£4,161,524

Total

£3,375,101

following figures show the imports and exports of cereal
produce into and from the United Kingdom since harvest—viz.:
from September 1 to the close of last week, compared with the
The

corresponding periods in the three previous years :
IMPORTS.

silver.

per oz..none

The quantity of wheat

easier terms.

....

Morgan & Co. announce that they are authorized
subscriptions to an issue of $2,300,000 gold six per
cent, general mortgage bonds W $1,000 each of the United New
Jersey Railroad and Canal Company at par. The bonds, which
are to bear interest from the 1st of March, and are redeemable in
1001, are covered by the mortgage of the company’s lines and works
for £4,000,000, and the proceeds of the issue are to be applied to

to

bonds

7 11—16d.

•

English wheat

1872.
£

payment of the existing debt of the company and of the
now maturing.
Messrs. Robert Benson & Co. and Bortliwick, Wark & Co., on
behalf of the Illinois Central Railroad Company, will receive

the

Canadian buyers

1872-3.

1871-2.

Wheat

cwt. 17.338,273

20,689,679

23,369,198

Barley

7.584,415

4,163,263

Oats
Peas
Beans
Indian Corn
Flour

4,106,156
903.805
1,071,449

4.070,642
399,342
2,351,919

8,361,801
4,565,421
684.357
1,170,526

21,108,636
5.416 991
4.319,128
435,650
1,689,967

5,720,196

7,218,906
2,917,199

10,515,030
3.220,987

9,163,033
1,591,924
1,892,022

1873-4.

1874-5.

3,423,647

EXPORTS.

Wheat

Barley
Oats
Peas
Beans
Indian Corn

Flour

cwl.

148,555

1,466,127

116,900

151,114

53.081

6,739

52,272

55,223

27,637

11,236
1,048
32,849
34,660

7,703
1,861
71,033

4,088
732
14,878

82,566

11,114

11,112

62.436
5,193

1.754
18,398

85,197

3781
1
27, 187$.]

February

Feb. 20—Str.

Keports—Per Cable.

BnsllRh Market

781
2
1
The doily

closing quotations in the

aa

Feb. 20—Str.
Feb. 20—Str.

markets of London and Live!

week have been reported by submarine telegraph

pool for the past

Feb. 23—Str.

shown in the following summary:
London Money and /Stock

Market.—United States securities

close firmer.
The bullion

during the

in the Bank

week.

Consols for money
“

0

tc:

account

(5-20s,)1865,old..
“

(J.S. 6a

1867

“

x mo

a.s.io-408

New 5s

£5
-zo

Tues.
93
9 3 >a

Wed.
93

107%
107%
102%

Sat ■

Fri.

Thur.
93
93

Mon.
23 >8
93 M

107%

107%

107 X

107%

102%

102%

107%
107%
102%

103

103

93

103

103

w
quotations for United States 6s

103

101%
102%
103

...

steady.

*0
3

$ bbl
Wheat (Red W’n. spr)..$ ctl
(Red Winter)
“
(Cal. White club) “
Corn (W.in’d) n’vv $ quarter

21
8
9
9
33
Quarter 42

(Western)

Flour
“

“

Peas(Canadian)..

21
8
9
9
31

d03

2
4
0
0

Wed.
8. d.

Tlinr.
s. d.

Sat.
d.

77 6
75 0
46 0

Beef (mess) new $ tee
Pork (mess) new $ bbl...
Bacon (long cl. inid.)$ cwt

77
75
46
61

61 6
70 0

“
“

Tuea.

Mon.
e. d.

b.

6
0
0
6

70 0

d.

6
0
U
6
70 0

77
75
46
61

77
75
46
61
70

6
0
0
6
0

77
75
46
61
70

77
75
46
61
70

6
0
0
0
0

fell from 26s
the
Refined petroleum, at the close, gained ^d.
Mon.
Tues. Wed.
Thur.
Fri-

Liverpool Produce Market.—Spirits turpentine
to 25s. fid. on Monday last, at which price it ruled throughout
0

rest of

the week.

Sat.

*5 %

*5 *9 *5

%% % %0
17 0 17

as

Same time

in—
...

follows:

Chauncey..Aspinwall

Liverpool
Havre
Curacoa

Laguavra

Alps

$5,352,493
10.592,115
4,508.322
4,326,099

the past week have
Silver
$758
Gold
3,300
Gold
49,500
Gold
100.000
Silver
300
Gold dust
1,500
Silver...*.
1,204
Gold
2,540
...

$159,102

Total for the week

158,191

Previously reported
Total since Jan.

1, 1875

$317,293

Same time in$911,489 1870
193,793 11869
253,898 j 1868
I

Same time in—

$3,051,570
2,021,640
542,537
419,73111867.....
262,603
—Attention is directed to the circular of President Dillon, of
the Union Pacific Railway Company, published elsewhere, ad¬
dressed to the bondholders of the road. It speaks of the prosper¬
condition of the road, and states that of the $10,000,000 in¬
bonds only $250,000 remain that have not been converted
into Sinking Funds, and the latter are rapidly tending towards
higher prices. These securities form a second mortgage upon
the landed property of the Company, which amounts to almost
eleven million acres. One reason why the sinking fund bonds
attracting so much attention, is because they become a first
mortgage upon these lands after the land-grant bonds are re¬
deemed, and these are being rapidly retired by the sale of lands.
Much
valuable information will be found in the circular
referred to.
—The Hannibal & St. Joseph Railroad Company will pay the
interest maturing March 1st on the fifteen year eight per cent, con¬
vertible bonds of the company, on presentation of the proper

1873.

Fri.

6
0
0
0
0

1, 1875..

Total since Jan.

Feb. 16—Str. Adriatic
Feb. 18—Str Frisia
Feb. 19—Bark Cnracoa

8. d

43 0

6

$511,,839
12,253,832
$12,765,171

V,

week

Feb. 16—Str. Henry

during

6

Silver bars bars
Boxes gold

Paris

Same time in-

been

2
4
0
0

9
9
34
43

9
9
34
43

2
3
3

2
4
6

6,500
45,000
38,881

1869
$5,104,800 I11868.....
10,538.087
1872
2.131,979 i 1867
6,171,271 1866
[4,872,642
The imports of specie at this port during

%3 8218 df3) 21%3
8

21
8
9
9
Si

90,000

Silver bars
Gold bars

Previously reported.;

Fri.

Thnr.

2
4
6
43 0

2
3
6

s.

Cheese(Amer’n fine)

d03

21
8
9
9
34
42

Wed.

Mexican dollars.

Chester..Liverpool

Pereire

Feb. 20—Str.

Market.—Lard has declined 6d.

Liverpool Provisions
the past week.

Lard (American).s..

Tues.

Mon.

Sat.

..

98,311
1,715
19,000

1874

;;3
93

(1862) at Frankfort were;
lT. S. 6s(5-20s) 1862
....
....
99%
....
99%
Liverpool Cotton Market.—See special report of cotton.
Liverpool Breadstuffs Market.—Club wheat, corn and peas are
higher than on Saturday last, the remainder of the list ruling
Tbs

Belgic
City of

2,948

Hamburg
Gold coin
Silver coin
Liverpool,. ..Silver bars

Goethe

Total for the

increased £*302,000

of England has

201

CHRONICLE.

THE

,

ous

come

are

more

5 9*
9*
“
fine
17 0 17 0 17 0 17 0
Petroleum(roflned)....$ga!
9%
9%
9%
9%
9%
9%
9
9
9
(spirits)
n
9
96 40 9
Tallow(American)...$ cwt. 40 6 40 6 40 6
40 6 40
6
37 0 37 0 37 0 37 0 87 0
Oloverseed (Am. red).. “<- 37 0
the
“ 26 0 25 6 25 6
25 6 25 6 25 6 coupons, atnext. Bank of North America, on and after Monday,
Spirits turpentine
March 1st
London Produce and Oil Markets.—Linseed oil advanced 3d.
—The Coupons of the Seven per cent, gold, Frontier Defense
on Monday, falling off
again on Thursday to 24s. 6d., at which Bonds and also of the Ten per cent, currency bonds of May 19th,
1871, of the State of Texas, due March 1st-, will be paid upon
price it closed.
Mon.
Tues.
Sat.
Wed. • Thur. Fri.
presentation, on and after that date, at the Bank of New York.
£ s d.
£ s. d. £ s. d. £ s. d. £ 8. d. £ s. d.
—The Cincinnatti Lafayette & Chicago Railroad Company
Lins’dc’kefobb.sptn 11 5 0 11 5 0 11 5 0 11 5 0 11 5 0 11 5 0
will pay the coupons of their First Mortgage Bonds due March
59 6
59 6
59 6
59 6 59 6 59 6
Linseed (Calcutta)....
1st, upon presentation to Messrs J. S. Kennedy & Co., New York.
Sugar (No. 12 D’ch std)
spot, $ cwt.-.
23 0
23 0
23 0
23 0 23 0 23 0
Spermoil
^ tun.106 0 0 106 0 0 106 0 0 106 0 0 106 0 0 106 0 0
30 10 0 30 10 0 30 10 0 30 10 0 30 10 0 30 10 0
Whaieoil
“
BANKING AND FINANCIAL.
21 6
24 9 24 6 24 6
Linseed oil....39 cwt.
24 9
21 9
Rosin

(common)... $cwt..

“

“

on

...

COMMERCIAL AND

MISCELLANEOUS NEWS.

TO

chandise) Feb.

Exports for the Week.—The
increase in both dry goods and

19

AT NEW

1872.

Dry goods

merchandise...

Total for the

week..

Previously reported....
Since Jan. 1

YORK FOR THE WEEK.
1874.
1873.

$5,281,755

$2,864,550

4,701,769
$9,983,515

4,454,783

$7,319,339

53,692,477

46,990,599

$63,675,992

$54,309,933

$9,623,067

William

Whitewrhjiit,
Frederic

J. de Pkyster,

Committee of

$7,974,697

1875.

comparison for the

CO.,

Bankers, 31 Nassau

RAILROAD

BONDS.—Whether you

street.

25,000
15,000
1,562
108,240
596
7,700
51,329

wish to BUY or 7SELL, write toN. Y.
No. Wall street,

I1ASSLER & CO.,
ADVANCES

Made on Cotton

in store.

30,758,635

corresponding

Arenas.United States gold coin
American silver
American gold
Feb. 17—Str. Abyssinia
Silver bars (silvervalue).
Liverpool
Silver bars (gold valne)
F eb. 18—Str. City of Vera Cruz Havana
Americandoubloons....
...
Spanish silver

Feb. 16—Str. Acapulco
;.Punta
Feb. 16—Str. City of Mexico..Havana

CENT. BONDS.

limited amount for ealo by
KUIIN, LOEB &

R. M.

$5,133,631

$-39,047,067 $ 43,477,663 $35,892,266
The following will show the exports of specie from the port of
New York for the week ending Feb. 20, 1875, and since the
date in previous years :

MUNICIPAL 7 3-10 PER
A

Bondholders.

$52,070,609 $ 46,341,257

$32,511,231

beginning of the year, with a

CINCINNATI

38,366,560

found the importsof
(exclusive of specie)
the week ending




Adrian Iselin,
Wm. II. Gebhaud,

James Mii.liken,

$3,658,653
4,316,044

In our report of the dry goods trade will be
dry goods for one week later.
The following is a statement of the exports
from the port of New York to foreign ports, for
Feb. 23:;
EXPORTS FROM NEW YORK FOR THE WEEK.
1873
1874.
1872
For the week
$4,089,230
$5,024,810
$6,458,305
28,422,001
34,022,257
37,019,358
Previously reported
‘Since Jan. 1

been prepared and will be fur¬
undersigned, at the Union
National Bank, 36 Wall street,
signatures to the agree¬

Agreements for both classes of Bonds have
bondholder, together with a report of the
Trust Company, 71 Broadway; the Gallatin
and office of A. Iselin & Co., 48 Wall street, where
ments will also be received.
nished to

1875.

$3,457,866
6,165,801

[42,440,942

RAIL¬

MORTGAGE BONDS.

:

FOREUIN IMPORTS

General

COLUMBUS CHICAGO & INDIANA CENTRAL
COMPANY FIR3» AND SECOND

WAY

imports this
general mer¬
chandise.
The total imports amount to $7,974,697 this week,
against $6,601,928 last week, and $5,926,495 the previous week.
The.exports are $5,133,631 this week, against $3,952,584 last week,
and $4,382,576 the previous week. The exports of cotton the
past week were 14,191 bales, against 7,635 bales last week. The
following are the imports at New York for week ending (for
dry goods) Feb. 18,"and for the week ending (for general mer¬
Imports and
week show an

HOLDERS OF

STOCK

form on

PUTS, CALLS

$100 to

SPECULATIONS

commission only.
PRIVILEGES
$2C0, and controls 100 shares of stock for 30 days.

Conducted by us in every
Cost

WATERS & CO.

AND DOUBLE

that time,
THE INVESTMENT PAYS $1,000.
The liability is limited to the amount paid for the contract.
Contracts negotiated through us are obtained at the best rates
and on responsible parties.
PAMPHLET SENT FREE,

moves

10 per

cent during

If the stock
in the market

and how the liuctuatioiis of
Address, for particulars,

explaining the various modes of operating,
be best taken advantage of.
TUMBRLDGE & CO., Bankers and Brokers
2 Wall street, comer Broadway, N.

market may

the
Y.

UNION PACIFIC RAILROAD COMPANY.
President’s Office,
No. 23 Nassau street,

To the Bondholders

)

f

of the Union Pacifii Railroad Company ;

In view of the late

refunding

proper

an

gratifying success of the Union Pacific Railroad Company

important amount of its

that he should acquaint the bondholders

7381

2. 45—First

be proper to explain that the Sinking

Fund Bonds are a second mort.

of the Company, and a third mortgage on the whole
As the Land Gr«nt Bonds are retired, the security
for the Sinking Fund issue becomes more complete and valuable; and the
rapid progress made in the liquidation of the Land Grants makes it evident
that, at a comparatively early day, the Sinking Funds will become the first
lien upon the immense land grant of the Company. Of the original issue of
$10,40.1,( 00 of Laud Grant Bonds, $2,484,000 lmd.been cancelled up to January
1st, 1875, leaving $7,910,000 outstanding at that date. The Company has
now on
hand $2,791,133 of land notes, to be applied at maturity towards
further cancellations of Land Grant Bonds. It will thus be apparent to the
holders of the Sinking Fund Bonds that the time is not distant when they
will hold a first mortgage upon this valuable portion of the Company’s
property. After the Land Grant Bonds are extinguished, the proceeds of the
sales of land will be applied to the purchase and cancellation of the Sinking

gage on the entire lands
road and its equipment.

Fund Bonds.
The

prospectfve value Of this lien maybe inferred from the following facts:

Up to January 1st, 1875, the Company had sold 1,0-4,431 acres of its lands, for
which it realized $4,940,052, being an average per acie of $4 5:, and yet thtre
remains unsold 10,995,088 acres, or over ten times the qua; tity already
marketed at the value noted. Hitherto the Company has pursued the policy
of

to

selling only its agricultural lands, from the conviction that
be done is to encourage settlement on the line of the road.

the first thing
The large and

growing local traffic of the road -hows the wisdom of this policy'. The reten¬
tion of the mineral lands in the hands of the Company has proved to be
eminently to its advantage, as it is now ascertained beyond all doubt that
these lands contain large deposits of coal, iron ore, sulphur, Ac., of immense

prospective value.
The late decrease in the

tide of immigration has not affected the demand for

Company’s lands. The satisfactoi y accounts sent by settlers to their friends
join them, and several colonies of farmers are expected in
the Spring. One fact of great importance in connection with the new popula¬
tion on the line of the road is, that it consists almost entirely of the best class
the

induce others to

of settlers.

the lands of the Company Is becoming very important.
a cost of less than $2 per ton ; which not only enab es
the Company to supply the population along the route at comparatively low
prices, but also effects a very important economy in the cost of running theroad and supplying fuel for the Company’s workshops. The coal mines will
ultimately mpply fuel for ihe entire popu ation on the line of the road, as they
already supply the smelting furnaces of Utdi. It is only necessary to cite the
cases of immense wealth realized by the coal railroads in other States to show
what is implied in this Company owning the coal supply for the vast future
The coal

Coal is

mining

now

on

mined at

population of the plains and of the Pacific Coast.
The increasing bullion traffic of the road is becoming a very important
source of revenue.
The amount of ore and bullion received at Omaha for the
year 1873 wTas $21,500,000, and for the last year $41,900,000, showing a doubling
of the business within one year. The value of this traffic will be apparent
when it is considered that the road has to carry supplies to the mines and to

National Bank of Brewsters, N. Y. Authorized capital. £50,000;
paid in capital, $30,000, John G. Borden, President; Frank Wells,
Authorized to commence business Feb. 23, 1875.

Cashier.

Friday. February 26. 1875—6 P. M.

has been no important event
have been, upon the whole,

$7,625,277
7.521,682
8.892,605
10,266,103
10,599,880

decline in gold and
legal tenders, and a consequent reduction of $4,84?,575 in the
excess of bank reserves above the legal requirement of 25 per
cent, of deposits.
The statement, however, does not appear to be
regarded as having any particular significance so far a« the
money market is concerned, and on call loans the offerings have
been super-abundant at 2@3 per cent., according to the character
of tlie borrower and his collateral furnished.
For commercial
paper there is no quotable change in prices, but there is quite a
perceptible lallingoffin business,and tlie principal buyers, among
whom banks are prominent, seem, for the time being, to have got
their fill of paper at the low rates of 4@5 per cent., and sellers not
being inclined to give way at all, the market is sluggish ; quota¬
tions are still 4 to 6 per cent, lor prime paper.
The occurrence of
a few mercantile failur* s during the past two or three weeks has
had no further effect on the market than to cause a little more
discrimination

as

to names.

'weekly statement of tlie New York City ClearingHouse Banks, issued Feb. 20, showed a decrease of .$4,812,575 in
the excess above their 25 per cent, legal reserve, the whole of
The

such

last

excess

being $7,991,050, against $12,833,025 the previous

week.
The following table shows the
and a comparison with 1874 and
1875.
.

Loans anadis. $293,111

Specie

Circulation....
Net deposits..
Legal tenders.

1873.

1874.

,

F.-b. 21.

Feb. 21.

Differences.

Feb. 20.

200 $294,850,100 Inc. $1,738,900 $283.23.1,600 $286,870,100

28.363,000

12.6V4 200 Dec. 3 24w.li0

15,89>,300

928,500

22,58I.4n0 Dec.

23.512.900

238,812,300 236 223.800 Dec. 2.608 500

54.392.800 Dec. 2,251,600

66.647.400

United States

15,0.6,900

*21.573.100

26,77i.3u0

239,767.309 205.898,700

41,461,200

60,150,600

Bonds.—Government securities

dull in

were

the early part of the week, and during that time, together with
the previous week, there was some accumulation of
in
market.
Yesterday and to-day there has been more activity, one

stock

or two

this

banks have been buyers to a considerab e amount,

prices have been firmer.

Feb.

Feb.

Feb.

Feb.

Feu.

22.

23.

24.
119

25.

26.

6s, 1881
6s, 1881
6s, 5-20’s, 1862
reg. .May & Nov. *116%
Nov. *116%
6s, 5 20’s, 1862..
coup.. May
6s, 5-20’s, 1862,Called Bds ..May <fc Nov. *116
6s, 5-20’s, 1864
reg. .Mny & Nov. *117%
coup. .May & Nov. *117%
6s, 5-20’s, 1864
6s, 5-20’s, 1865
reg. May & Nov. *'-18%
fis, 5-20’s, 1865
coup...May & Nov. *119%
6s, 5 20*8,1865,-n. i., rcg...Jan. & duly *118%
6s.5-20’s,l865 n.i.,coup Jan. & July. *118%
*119
6s. 5-20’s, 1S67
reg. .Jan. & July.
6s, 5-20’s, 1867
coup.. J an. & J u 1 y, *119%
6s, 5-20’s, 1868
reg.. Jan. & July. 119%
6s, 5-20’s, 1868
coup . •Jan. & July. *119%
*114
5s, 10 40*s
reg. Mar. & Sept.
Mar. & Sept. *117
5s, 10-40’s
coup..
115
5s, funded, 1881
reg ..Quarterly.
funded, 1881, ..coup. ...Quarterly, *1:4%
5s,
*119
6s,Currency
reg. Jan. & July.
price bid

; no

Feb.
12.

State

old

..

107%
167%
105%
102%

and Railroad

1:8%
118% 118%
*1:9% *119% *'19% *119%
*1P % *116% *116% *116%
116% *116% *116% 116%

’

*116

>>

k—l
HH
*

*116

•

V

•

•

3/
1 1
*117% * 11*:‘/8 *117% *11*7%
117% *117% *117% *117%
*118% *118% 119 *118%
*119% 119% 119% *119%
118% *118% 118% *118%
118% 118% 118% 118%
119% *H9% 119
118%
119% 119% H9% 119%
*119
*119
*119% *119
*119% *’19% 119% *119%
*114
*113% *113% *113%
*117
*116% *116% 116%
*114% *114% *114% 114%
115
115
*114% 114%
119
*119
119
*118%
v

sale was made at the Board.

Closing prices of securities in

U. S. 6s, 5-20’s, 1865,
U. S. 6s, 5-20’8,1867
U. S. 5s, 10-40’s
New5s.....

:

Feb.

20
Irit. period.
reg.. Jan. & July. 118%
coup.. Jan. & July. *119%

This Is the

and

Tlie foreign bankers have not figured
buyers or sellers.

conspicuously, either as
Closing pridtes daily have been rb follows

'

London have been as follows:

Feb.
1!>-

Feb.
26.

107%
107%
102%

108

107% Jan.

107%

107% Jan. 12

108
108

102%

103

103

102% Feb. 13
162% .bin. 16

165% Feb.
163% Jan.

Lowest.

Highest.

2

Bonds.—There has not been

a

Jan. 30
Jan. 4

6
2

general

business of much importance in State bonds, but in Missouri's and
Tennessee’s there have been quite a number of transactions; one
sale of $140,000 Missouri’s was made on Wednesday at Oof,
Tennessee bonds have been firm,
a second sale of $40,000 at 954.
and sold up to 50 on Thursday on more hopeful advices from

of great commercial depression and of general
earnings of Eastern roads, is especially gratifying; and the im¬
provement applies to the net earnings as wrell as the gross. The Company is
free from the depressing effects of the violent competition which is waged
between the roads of the East and of the West. The raising of the road-bed on
The increase in 1874, a year

and

Nash¬

ville, though parties well informed say that there is little pros¬
pect that the July interest can be paid. Virginia bonds are
stronger in consequence of the defeat of a law in the Legislature
which was intended to throw obstacles in the way of receiving
coupons for taxes; a bill has aiso been introduced providing for
the payment of interest on tlie debt.
Railroad bonds have been active for the Pacific issues, particu¬
larly the Union Pacifies, which have advanced on tlie president’s

plains has protected the Company against the interruptions and the deten¬
formerly subjected during the winter months, so that this
year there has not occurred one case of delay by snow storms. Large expenses
were incurred last year for filling trestle bridges, raising track, and building
a rolling mill; but the construction account being closed, these
outlays were
charged to operating expenses, and yet the net earnings for the year show an
increase, and leave a very handsome surplus after providing for interest on

the

tions to which it was

statement showing that the company lias retrieved all its income
bonds except $250,000, anil has largely reduced tlie land grant
bonds from sales of land ; the interest due March 1 on the sink'

the bonded debt.
The President




changes from the previous wee^
1873:

.

Feb. 13.

decline in the

respectfully submits to the Bondholders that the foregoing
facts warrant the steady rise in market value of the First Mortgage Land
Grant and Sinking Fund Bonds, and afford ample grounds for confidence that
the various issues of this Company must take a foremost rank among the
railroad investments of the United States.
Sidney Dillon, President.

unusually free from disturbing ele¬

of any special importance.
Tlie last bank statement showed a large

much satisfaction in pointing to the steady increase

1870...

in -financial circles, and the markets

ments

the gross earnings ns showing
have increased from $7,625,277
gress

Situation.— There

Financial

and

Money market

Tlie

*

in
the prosperity of the Company'. The receipts
in 1870 to $1",599,880 in 1874. The yearly pro¬
in earnings is shown by the following figures:

Authorized to commence business Feb. IS, 1875.

Cashier.

bring back the ores.
The President has

NATIONAL BANKS ORGANIZED.

Comptroller of the Currency furnishes the
following statement of National Banks organize! the past week:
National B ank of Nunda, N. Y. Authorized capital, £50,000; paid
in capital,
$30,0(0. John F. Barber, President; James S. McMa=ter,

last Fall.

It may

(Sfrairtte.

bankers’

The United States

bonded debt, the President feels it
with the facts bearing upon
that negotiation and upon the businees and future prospects of the Company.
Of the $10,000,000 of Income Bonds which the company offered to convert
into binking Fund Bonds, there are outstanding now only about $150,000, the
balance of $9,750,000 having been exchanged for the binking Fund issue.
And the company has information showing that the major portion of this small
unconverted balance belongs to estates in litigation or otherwise in dispute.
The President has much pleasure in announcing this virtual completion of the
conversion of the Income into the Sinking Fund Bonds, and in calling atten¬
tion to the steady enhancement in the value of the new issue, as realizing the
expectations held out to the bondholders while the conversion was in process

in

[February 27,1875

THE CHRONICLE.

202

b’s will be promptly paid. Other railroad bonds h?r
generally been not quite so strong as last week.
Daily closing prices of a tew leading bonds, and the *
since Jan. l,have been as follows:
ing fund

1

Tenn., new 8...
N. Car., old....
N. Oar., new... •id"
Virg., eonsolid *56%
2d series.
do
82 *
6s S. C., J. & J
6b Mo. long bonds *96%

6s
68
6s
6s

—Since Jan
Highest
Lowest
5
Jan. 27 55% Jan.
44
Jan. 18
29
7
Jan.
27
7
Jan.
7 16
Jan.
16
55% Jan. 26 57% Feb. 11

Feb.
26.

Feb.

Feb.
24.
48
*46%

Feb.
23.

Feb.
22.

Feb.
20.
47

203

THE CHRONICLE.

1875.]

February 27,

25.

*4i

*47%

•

....

*12"

•i-i"

*56%

*56%

commonly reported that the clique, which was

it is

engineering
themselves,
no further

the upward movement of last week disagreed among
and that some of the parties sold out.
There has been
show of a “ corner,” and on gold loans a moderate rate

has gener¬
ally been paid for c irrying ; to-day the terms were 2, 24 per cent,
Feb.'
31
*31" *32" »3t" *30’
and flat.
On time loans of gold the following rates are paid
94% Jan. 14
96% *96%
96%
96%
for use : Thirty days, l-16(g}£ ; sixty days, £@f ; ninety days,
•111
113
113
112% 111% Jan. 18
N.Y. C. & H. 1st 7s
96 w
97
92% Jan. 6
96%
four mouths, £ df ; six months,
*3
96%
96%
; all the year, 1£ per
C.Pac.,gold 6s...
6
90
Jau.
95%
93%
93%
93%
93%
Un Pac.. let 6s...
cent.
As to the product of gold and silver in the United States,
8
Jan.
90
95
95
95
95%
do
L’dGr’t7s 94%
8-1% Jan. 5
89%
85%
88%
the statement of the President of the Union Pacific Railroad contri¬
58%
87%
do
S.F.8s.:
Jan. 11
*105% 101
95%
*105%
Erie 1st M. 78
butes another item of interest, viz. : That the amount of gold and
l
Feb.
109
‘10.1
107%
*109"
109
;
N. J. Cen. 1st 7s.. •109
106% Jan. 7
*107 VC *107%
108% VOS
silver ore and bullion received at Omaha from the West during
Ft Wayne 1st 7s.
5
Jan.
105
107
*106% *106% 107
Rock Tsld 1st 7s... *106%
1874 was $41,900,000 against $21,500,000 in 1873.
80% Feb. 24
Customs re¬
81
80%
8j%
81
l
8(%
C. & N.W. gold 7s
ceipts of tne week were $2,348,000.
The following table will sliow the course of
gold and
•Thislsthenricebid. no salewas madeanhe Board.
Railroad and HiMcellaneous stocks.—The stock market
operations of the Gold Exchange Bank each day of the past
has been rather irregular, and at times pretty active.
The defeat week:
Quotations.
,
of the Pacific Mail additional subsidy bill in the U. S. Senate
Balances.
Total
Open- Low-High-Clos¬
Gold.
Currency.
Clearings.
occurred on Tuesday, and the stock, after opening at 34 and
est,.
est. imr.
ing.
selling up to 30, fell off to 31^ and the next day to 31, which, was Saturday, Feb. 20. ,114% 114% 114% 114%
22..
Monday,
the lowest point reached.
Since then the stock has recovered Tuesday,
42,2^i*0*00" 1.030,887 1,189,740
114% 114% 114% 114%
“ 23
materially, and closes at 33^. Western Union Telegraph has Wednesday, “ 24
45,110.000 1.217,615 1,434,507
114% 114% 114% 114%
30,608,000 1,495,825 1,724,664
been stronger, on the conclusion that no laws hostile to the com¬ Thursday,
“ 25.. ..114% INy, 114% 114%
1,511,105
31.320,000
•

*5i

•

"

#

#

*57%

5

*

o

HH

-

•

4

*

Jan. 27
97% Jan. 28
113% Feb. 17
98% Feb. 3
94% Feb. 3
95% Feb. 24
89% Feb. 26
105
Jan. 21
109% Jan. 20
108% Feb. 25
107% Jan. 27
82% Feb. 9
33

,

,

f

.

.

.

pany’s business wi!l be passed by Congress. The company’s next
quarterly dividend is also due in April. Union Pacific has ad¬
vanced about 1 per cent, in the week ; the large earnings of the
road for 1874 and the late statement of the president in regard to
the favorable condition of the company’s finances have given
confidence in the slock.
Michigan Central sold down to 70| yes¬
terday, against 74 last week, but we are not informed of the
immediate causes for the decline. The company had cleared off
nearly all its floating debt by the first of January, 1875, and in the
six mouths ending Dec. 1, 1874, earned 3 per cent, on its stock. The
present cutting down of rates, however, is a severe blow to all the
East and West trunk lines. Mr. Joy, who is President of the Michi¬
gan Central, was defeated in the Chicago Burlington & Quincv elec¬
tion at Chicago on the 24'h, by the opposition ticket headed by
Messrs. Forbes and Griswold.
Mr. J. D. Cox, the president, has
been appointed receiver of the Toledo Wabash & Western road.
In regard to the Granger stocks, the bill was to come up to-day
in the Wisconsin Legislature, which modifies the Potter law and
permits the road to charge such rates as will yield them 10 per
cent, on their securities to the extent of# $44,000 per mile, and
according to various advices, the Northwest and St. Paul stocks
were
strong or weak.
For the purpose of showing the total
transactions of the weak in the leading stocks, we have compiled
the table following:
-**

St. Union
Lake West’n Chic. &
St. Union
Shore. Union. N’west,. Paul. Pacific.
23.300
3,500 33,900
5,900
4,900
_.Hoiid.'iv
44.70(1
6,100 36,400
16,200
8,890
5.5O0 23,600
21.600 16,700
6,590
3 4,500
15.900
2,500 13.400
8, MOO

'

Pacific
Mail.

Feb. 20
“
“
“

“

69.200

.

65,41)-)
64,9)0
29,600

.

Total
Whole styck.

.

.

.

10,400

..200,010

22,300

13,690

39,400
494,665

.256.800

3,500

15,700
9,2U0
10,90-1
9,800

146,400

68,300

5.4J )

21,300

23.000 128,800

337,856 149 930 1 53,992 367,450

seen

at a

do
pref.
Rock Island ...

St. Paul
nrel
do
At.<fe Pac.,pref
Ohio* Miss...

compared with GO days’ bills appeared to be strengthe
by an improved demand here, than oy any change in ra
for money in London.
Quotations are now as follows:
-February 26.

nO

Centra) o;
Del., L.& West
Elan. & St..)os.
Union Pacific..

Col.Chic.&l.C.

c3

109% 109%
20
21%
10

4 %

6%

112-..
Tel.
72%
Tel. V. .
Quicksilver....
35
do
pref.
40%
Pacific Mall....
32%
Adams Exp.... *100%
American Kx..
64

Panama

West, Un.
At & Pac.

6%

112^
72%
‘21

35

40%

.

33%

102
64
United States.. *58% 59%
Welle, Fargo.. *80
86%
•

Tals i« the price

Railroad

bid and askel

: no

,

Custom
House

Feb.

from the table.

Atchison, T. & S. Fe

Month of Dec. $102,225
15,110
Feb.
Jan.
890,000

Bur. C. Rap.& Minn. 2d week of
Central Pacific. . .. Month of
Cin. Lafay. & Chic.. 2d week of
Denver & R. Grande. 2d week of

Indianap. Bl. & W...
Iudianap. Cin & Laf.
Inte. n’l & GL North.
Kansas Pacific
Mo. Kansas & Tex...

reported.

1875.

Roads.

Feb.

Feb.

1st week of Feb.

Month of Jan.
2d week of Feb.
Month of

Month of
Ohio & Mississippi.. Month of
Philadelphia & Erie. Mouth of
St. L. Alton & T. II.. 2d week of

Jan.
Jan.
Jan.

Dec.

Feb.

59,600 38,700
200,000 150,000




'

•

,

of
be

7,402

6.409

30,063
135,008

30.860
162,737
218,003
249,250

298, <06

15,004

,

1874.

848,558

10,917
5.427
32,432
145,281
30.270
170.319
266,333

Capital. Discounts.
New York
$3,000,000 $;0,O6>,3 Manhattan Co
2,050.001
6,>4>,000
Merchants’
3,000,000 9,7 4,-00
Mechanics’
2,000,000
6,8 9,40 Union
1,500,000
5/ 02,400
America
3,000,000
8,351,000
Phoenix
1,800,000
4,172f»!,‘0
City
1,000,000
6,150,600
Tradesmen’s
1,000.000 3,5)9,400
600,000
1,804,300
Fulton
Chemical
300.000
9„ ‘2i 300
Merchants’ Exch’ge. 1,000.000
8,-C.vuo
Gallatin, National..
1,500,000 .4,115.(00
Butchers’&Drovers’
800,000
2,423,000
Mechanics&Traders
600,000
1,941,200
Greenwich
200,000
1 040,300
Leather Manuf
600.000
3,142,300

1974.

150,425

Banks.

Seventh Ward
State of N. York

.

American Exch’ge.
Commerce

Pacific

Republic
Chatham

People’s
North America
Hanover

Metropolitan
Citizens
Nassau
Market
St. Nicholas
Shoe aud Leather..
Corn Exchange

Continental
Oriental

184,227

135,008
181.435

145,281

Grocers’
North River.

186,767

162,737

170,349

Manufact’rs’<fe Mer.

84,836

56,087

Marine

Importers’* Trad’rs
Park...
Mech. Bank’g Asso.
.

East River
Fourth

National....

Central National...
Second National....
Ninth National. ...
First National
Third National.....
N.Y.National Exch.
Tenth National

National...
York Co. Nat.

Bowery

New
German

American.

Dry Goods
Total

2,000,000
450,000
412,500

l.OOo.OOO

1.000,000

5i 0,00(1
4,000,(00

Irving

146.605

266,333

5,000,000

10,000,000

1,000.000
422,700

Mercantile

81« 558

58,575

300,000
2,000,000

1,000,000

Broadway

134,186
890,000
48,687

216.003
249.250

927.947 42

1,157,124 28

-AVKRAGB

268,298
268,298
247,538 3,506,919 3,842 067
108,523
4 39,002
20,106
8,046

500,000

240.367 16

976,220 15 1,638,09 > 56
690,137 Ol- 1,409,369 55

528.1*2 V3

760,230 6S
784,877 47
519,8)2 44

AMOUNT

Loans and

$79,303 $1,252,428 $1,240,249
22.270

226.000

670,299 04

3.92 ',661 34 5.05^,530 75
3,620,0:5 39 5,352,444 26
3.92 <,661 34
46,182 490 06 49,620,197 83
4'»,486.06'J 11 49,324,284 32
NawKork City Baua*. — Flie toiiowing statement shows
the condition of the Associated Banks of New York City for the
week ending at the commencement of business on Feb. 20. 1875:

Jan.1 to latest date.
1875.

633,060
567,000

Sub-Treasury.
*
,
,
Receiptr
Payments.
Gold.
Currency.
Gold.
Currency.
$956,803 75
$8<i:U8j 39 $228,619 71
$457,23S 75
Holiday
IO :,633 41
87!,900 00
1,992,801 97
2,141.834 77

Total
$2,318 000
Balance. Feb. 19
Balance. Feb. 26

14.550
Feb.
60.427
428,643
367.957
Feb.
81,294
30,080
62,088
77,273
Jan.
24,474
33,880
42,385
42,385
Jan.
33,880
102,374
144,210
23,366
Toledo P. & Warsaw. 2d week of Feb.
13,762
753,832 10,559,880 10,266,104
Union Pacific
Month of Dec.
897,159
Tlie Gold Market.—Gold has been steady throughout, and

do
branches. 2d week of
St. L. 1. Mt.& South . 2d week of
Si. L. & Southeast . 3d week of
St. Paul & S. City,&n. Month of

,

Receipts.
{422,000

20
23.,
24.
25.
26.

17.801)
3.300

<*ale was made at the Board.

Latest earnings

4.c2 @4 t«2%
4.81%(i,4.c2
5 20 U5.I7%
5.20 @5 17%
5.20 @5.17%

Tne transactions tor the week at the Custom House and {SubTreasury have heen as follows:

Earnings.—Railroad earnings still continue un¬

favorable, as will be seen

3 days.
4.86% @4.87
4.86 @4.86%
4.83%g>4 86
5.16% @5.15
5 16%@5 15
5.16%@5.15

days.

4.82%@4 83

Primebankers’ sterling bills
Loudon good bankers’ do
London prime corn, ster do
Paris (francs)
Antwerp (francs)
Swiss (francs)

....

‘21% 25%
N.J. *Hh

aud not

rather

101% 101%
101% 101% 101% '.01%
129
I2s% : 129
TJ8
128% * *128
2f'% 27%
27% 27%
27% 2\%
73
73%
73% 73%
73% 74%
11
12
ir% 11%
10
10% !•■%
11%
41% 42%
12% 42%
42% 43
44%
42%
55
53% 54%
55
54% 51%
54% 55%
103% 103%
103% 104% 109% 10.% 103% 104
34
34%
33% 34
34%
33%
34% 35%
53
53%
55
53% 54%
54% 54%
55%
13
13
12% 13
13% 13%
26
21% 25%
21% 25% * 25%
24% 23%
169
103% 10-%
108% 10-% *103 % 10J
iio" 110% *1:0 111
109% ;io
109% l 0
21%
2 % 21!
20% 20% *20
*20% 21%
<10
40%
40% 40%
36% 40%
40% 41%
6
*....
6%
6%
v5%
6%
6%
6%
112
i 12
411
113
112
112
*112
111
72% 73%
72% 73%
72% 73%
72% 73%
‘24
21
23% 24
35
•31% 35%
34%
164%
*34%
40* ‘ *40
4'
40% 40% ‘40% 43
31
33%
32% 33%
31% 31%
31% 36
101
•101
•iom 102% 101
*101%
'63% 61
63% 63%
*63% 64%
*64%
53%
58% 5'% *57% 58% •58
58% 58%
86
*85
86
66
*86
85% 85%
86%

3i% 31%

tolerably steady

as

10!%: 01%
128% 128 %
27% 27%
i3% 73%

•)•% 43\
55% 55%
113% 104%

4,461,437

diminish their supply of cash gold. To-day, there was mo
firmness, and an advance of £ point, was made in the quotatio
tor demand sterling, wnich is now 4‘87 ; the relative price of

week.
At the cPse, to-day, prices were generally strong.
The daily highest and lowest prices have been as follows:
Saturday, Monday,
Tuesday. Wednesday, Thursday, Fridas
Feb.‘23.
Fel). 21.
Feb.‘25. Feb. 26
Feb. '22.
Feb. 20.

Northwest

$

*

3,840,698

the bankers are still inclined to be cautious

away,

glance what proportion of the whole stock has been
in each case, in the five business days of the past

*128
128%
Harlem
Erie.....
27% 27%
Lake Shore—
73% 71%
WabaBh
l'% 11%

1,236,200

..114% 114.% 114% 114%

this week, but still at moderate prices.
The volume of business
done has not been large, and although the extraordinary timidity
of last week, in regard to a possible corner in gold, lias passed

over

N.Y.Cen.&H.R. i(),% :ui%

•

..114% 114% 114% 111% $201,362,000
114% 357,773,000
114%
has been
Foreign Exchange—Exchange
O

5,500
8,600

The last line in the preceding table shows the total number
shares of each of the stocks, now outstanding, so that it may

turned

.

•

.

Previous week
114% 114% ll-‘%
Jan. 1,1875, to date... 112% 111% 115fc

Ohio &
Ohio &
Wab.
Miss.

14,000

20

•

.

..

.

.

25.
26.......

“

26,700

.

2-2
25
24

*'

Friday,

.

6U( ,0( 0
1,000,000
1,000,0(0
l,(io0,00C
1,000,000
1,000,000
1,500,0(0
300,000
400.000

1,500,000

2,000.000
500,000
300.000
400,000
350,000
300,000

5,000,0(H

2,000,000
300,000

1,500,CGI
500,003
1,000,000
500,000
1,000,0( 0

250,0(0
.200,000
2,000,000

1,000-000

l,43i,200
5.226,100
13,?<9.600
5,712,800
4,395,100
2,2-9,100
5,-08,300
3,63-, 100
1,3 5,0< 0
2,6-0,600
4,249.luO
2,646,000
1!,794,"00
1,590.900
2,4:9,M 0
2.924,400
2,109,200
4,307,51 0
2.M 7,5013,919,70 0
l .583,500
2,536,200
16,232 500
17.071,7(10
1.151,200
765,100
910,000
9 (',500
763,HOC

2i.’2S890
7,510,000
1,976,000
6,9 6,-OC
5,93 ,7(0
5.891,3 0
1,(85,800
1,810.100
1,492,300
1. 67,000
5,19',400
2,225,600

)ecie.

OF-

Net
Legal
Tenders. Deposits

,369,300
3.0,000
415.-60

$1. 33,2(0
46 >,500
973,0(X)

255,800
173,‘iOO
724.!00

1,(6.,700
59.',‘200
2,319.000

8! 5,'.00

ea, 00
196,3(0

213,500
29 ,900

218,300

.3 ',060
5,2.8,000
288,100
4'-8,200
1,993,900
544,900

3'4.800

37 .300
305,000
81 8,500
122.400
‘27 SI 00
25 V 00

40,0 0
20,900
464,900

2>,300
2II,'00
5?i,0U9

1,535,200
1

972,000

67,900
587,300

712,600
511, 00
311,000

55,800
700

795.--.00
206.-00

67,500

$9,720,600
3.851,500
6,216,900
4,951,700
3,221,700
7,271,600
3,147,300
6,497,700
1,9-JO, 100
1,376,(00
6,965,200
8,359,3'. 0
2,184,500
1,0 5,(00
1,151,300
1,000.400
2,600.300
1,050.5110
4,< 9-,000
9,280,Mm

850.800

OO 5
9,500

185,000
818,-00
501,000
2,9 5,0-00

00

45.100
65.000

517, (HG
36.300
3i.700
61,500
76,1(0
4 <,100

365.200

113,300
266,300
169,400

182,600
44 i,700
244,400
659,600
lv 8,000
363,0(10
201,500
48-:,600
4.153,400
4,4(11.600

49,200

XO 1.000

4,400
17,500

144,700
161,400
164,400

40.100

79,900
6.900

22,700
1.3-0
129.500

71,000

14 .500

9,800
1,461.000

4 1(
4

217.000
789.900

-0,000
1.818,700

4 5,SOU

1,058,500
1,692.8(0
285,500
412,100

3,300

259.2 0

123,S00

2r8,l'< 0
752,500
392,700

659,9, 0
9,7- 0

‘22,000

$31,435,200 l29i.850.I0J $13,654,200

Circuit.tlon.

$435.1 GO
9,11(0
689.700

349,84)0
270,000
1,200
452,700
742.100

425,800
415,6(0
212,1 00
191,500
2,700
243,800
174.100
440.3(0

798,200

3.430,200
3,750,800
2,112, '00

872,600

3,058,700

780,600

461,200

137,000
5,560

?,d2,400
1,133,600
2, (97,900
3.771,700
2,519,000
8,445,000
1,449.900
2,19 ,200
1,920,600
l,3»i,3UU

1,049.00-0

2,933.500
1,422.600
2,7( 1.900
1,254,900

549.100

2,488,60(1

16,'25,fi00
19,535,000
5,700
66',‘200
9

668.600
591.800
6!8 500

16,648,800
6,S( 0 000
l,i 67,<M 0

6,913,600
7,'254,i 00
7,340,000
1,077,700
929,800
952.200
1.011.000
4, 97,300

„

...

*

2£6 090

176,700
133.3(0

3,960
225,IX 0
723.700
765,2(0

4,9(0
4,000
297 660

490.1(0
104.400
291,000

188,7'K)
2,764.260
1,434.000
265.()(0
531 900

40,600
49.400
262.3(0
867.300

200,000
180,000
•

.

r

•

•

#•"

1,86 ,800

$34,382,800 $ 236,223,800 $22,581,4(0

ft

week are as

The deviations from the returns of previous
follows:
Loans
Inc. #1.7-8,900 Net Deposits.
.

Boston

Banks.—Below

give a statement of the Bosto11

we

Capital.

Atlantic
Atlas
Blackstonc
Boston

#750,000
t,500.000
2,000,000
1,000.000
600,000

*1.531.920
3.169.000
4.379,300
2.250.800
1.769,400
484,600
1 017,200
2,585,3(0
1.987.800
2,552,7(0

Columbian

200,000
5(H), 000
1,000,000

Continental
Eliot

1,000,000
1,000,000

Broadwaj
Central

.

9,100

22.100
2.3(H)

106.100
25,000
52.900
71.700
51.100
113.100
100.300
101.200
170.700
73.500
15-'.‘00
112 900
107,900
'.7.400
53.700
167.100
113.200

220,200

1,195,800

6.913,300

59.000
94.6(0
364.100

386.700
973.100

12,GUO
•

•

•

•

....

4,000
....

17,900
12,300

-

8'K.800'

400.000

Everett
Faneuil Hall
Freeman’s
Globe
Hamilton
Howard
Manufacturers
Market
Massachusetts
Maverick
Merchants
Mount Vernon
New England
North
Old Boston
Shawmut
Siioe & Leather
State
Suffolk
Traders

1,000,000

2.969,890

79.500

800,000

1.740.400
2.3S6 4( 0

2,000

1,7^2,600
2,112.8JG
955,:0J

19,010

1,000.000
750,000

1,000,000
500,000
8 00.00C
800.000
400,000
3,000,000

900,000
1,000.000

1.500,000
600,000

1,600.000
3

00,000

2.088.900
235.S"0

5.8'JC

12.100
7.9 0

1 9

1,000,000
1,000,000

2.161.900

1 000,000

4

983.100

1,500,000
2,000,000

a

2'6.500

5

('53.890

#30,050,000

Total

21,7(0

1,200

Specie.

130.591.800
....

2.438.300
2,472,50)
2.316.100

131,359,500

.Jan, 25

LegaiTender.
9,139,: 00

2.096.700
2.076.600

Capital.

#1,500,00C

Philadelphia

North America
1,000,000
Farmers and Mech. 2,000,000

9.547.200
9,1)9 900
9,169,000

Specie.

Loans.

250,000

500,000
400,000

Exchange....

1,000,000

635,3()C
892,40C
1,852.600
937.3(0
2-210>00
78C.200

176.5(H)

526.000

1,'19.50()

477,100

234,(00

Decrease. #151 100
Decrease.
66,800

496,3^0
515,000
515,0)0

1,115,000

211,'00

679.716
921.COO

2,487,300

1,968,000

7.377
6.000

7HS.OOO
313 000

4,248.000
969,385

1,783.000

500,000
300,000
150,000
250,000

275,000
750,000
1,000,000
250,000

10,000

6,000

1,141,405

32(3.377
191,’73

291

782.991

1.6* 4.00C

5S6.000
517.000

421,000
109,000
105.000
292,000

2,000

1.037.OOC
4,632.000
2.014,000

27, ('1)6

768.00(1

r-

2(>3,175

600,000
177.000
270,000
319 S51

213,100
450,000

341000
768,00(1
251 233

135,000
213,910

265,000
8S7.O00

235 610

3,914,000

5^'.m

419,000
960,000

928,000

786,000

386,000

180,000

#213,963 #16,183.827 #17,270,290 >11.337,2;|
The deviations from the returns of previous week are a9 follows:
Dec. #283.516 > Deposits
Dec. #861 930
Loans
Specie
Dec.
«S,U60 I Circulation
...Dec.
50.415
Dec. 400,^06 |
Legal Tender Notes
The following are the totals for a series of weeks past:
#16,435.000 #3S,SIS,291

Otal.

Date.

Jan. 11
jail. 18
jan. 25.

Loans.

Specie.
495.955
488,346
529.297

59.623.422

60,087.330

oh. 15

Feb. 22

>.

15.141.954

47,336.480
49,280 515
49,448,502

16,191,037

11,416.592
x

1.489 576

17.116P 61
17,'32 815
17 111,185
16,831.633

49.316. iS3

11 383 313

48 639 178

48,132.220

11.395 217
11.357.719

213,9.9

58,818,291

eh. 1
pen. 8

LegaiTender

Circulation

377,<i5l
P 02.019

59,515,706
59,303,018
f, 9,101 6:3
59,103,840

y

Deposits.

16,183,8.7

47,270,290

11,337,271

438 8)9

11.40!,169

WASHINGTON, D. (’.-PRICKS.
bid. Ash

lilt!. A. sk
Fund. Loan (I,etr),Cs.g, 1902..
Cent, of Slock (1823) 5s, at pleas

92

Wash.

GO

Perm. Imp.,6s, g, 1891
do
7s, 1891
Market Stock bonds. 7s. D93..
Water Stock bonds 7s, 1901....
“
“
7s, 19(3...
Fund. Loan (Cong ) 3.65s, 1924
Water Stock 6s 1S69
“
“
1871

93

95

87%

88

86

£8%

Co.S.bon(ls,7s,’;5,!76,’;7
Chicago Relief bon is, 1S77. ..

5 year




.

.

.

j

70

86

1892..

.

Cers.

....

97

Cers.,7 3-10, 1875

Ten year Bonds, 6s, 1S7S
Fund. Loan (Cong ) 6 .g,

....

•••I

100

“

“

(I813)6s, atpleas

j Board of Public Works—
Gen. Imp.

do

do
do
do
do

.

83,1871

I8i5
1876
1877
1873
Series.

1 jCertificates,Sewer, 8s, 1871-77.
i Water Certificates, 8s, 1877...

*

...

PO

90%
80%

39%
89
99
89

....

o9
....

9;

1

95

IU3

99%

102%
91

98
8G

87%
89 *
74

102* ‘
20
99
80

80

105%
89\
91
75 V
9U

40*
101
82

107
86
94

89

80
54
1U

*

62
56
20
100

104% 1(5* ‘

Wilming. & Kead.,lstM.,7,190(
do
do 2d Mort, 1902

156k'

!*•>}*

...

48

6'*%

conv-, '82 100

do
do
do

U0k;

Nebraska1 4a

|

conv.,

g,’94

gold, ’9

1(5

100%

TO
Morris, 1st M.,6,1876
00
do
2d M., 1876
80
105
Concord
ICO
do
boat, ’85
72
70
Connecticut River
Pennsylvania 6s, 1910
(O'
Connecticut & Fassumpsic, pf.
jI Schuylkill Nav. 18t m. 6s, ’97. 92k
61
80*
Eastern (Mass.)
do
1
2d m., 6s, 1907
19
Eastern (New Hampshire)....
in SO'
do
m. 6s,c..’95..
127 % 128''!
Fitchburg
do
6s, imp., ’SO... 90
137 %
Manchester & Lawrence
do 6s,boat*car, 1913
Nashua & Lowell
91%
do
scrip
93"
82
Northern ot New Hampshire..
77
Susquehanna 5s. ..?
Norwich* Worcester...,
BALTIMORE.
£6
Ui
Ogdens. & L. Champlain
I Maryland 6s, Jan., A., J. & O. 101
83
do
do
pret....
10L% 108%
do
6s, Defence
iU3^ 109 1
Old Colony
103k 103^
106
108k Baltimore fs of’75
Fort., Saco & Portsmouth
103
do
1884
Rutland common
103
B3%
do
68,1900
do
preferred
103
do
1890. Park 6s
53 J,
Vermont & Canada
Ul
loik
93
Baltimore & Ohio 6s of ’75....
Vermont & Massachusetts
102 do
6s of’80...
do
125
127
Worcester & Nashua
103k
do
do
6so4’85,...
9S
97
FHILABELFHU.
Central Ohio, 1st M.,6
STATE AND CITY BONDS.
Marietta & Cin., 1st M.,7,1891 104% 101%
94% 94%
Pennsylvauia5s, coup
]G1
do
do
2d M.,7,1896

preferred
Cin.,Sanausky & Clev.stock.
Cheshire

8%:

.

do

do
do

do
do

101

reg..

10-15,2d...
15-25.3d,..

Philadelphia 6s, til
68, new

?

10„
104^ 10isi

,

BAILKOAD STOCKS.

do
pref
do
new pref
Elmira & Williamsport
Elmira & Williamsport
East Pennsylvania

pref.

do

j

38

40
6

7
14

Lehigh Valley
LlttleSchuylkill
Minehlll

a*?,

£6%

Nesquehonlng Valley
..

OilC’eck & Allegheny River.

Pennsylvania

52
10\
55

132

Westchester new, pref.consol
West Jersey

‘ 132%

53

51

40
■

CANAL STOCKS.

Lehigh
Morris

Division

19
48

.‘

Navigation

do pref
Schuylkill Navigation

....

pref

do

17% 1
i,*
do
do 2d M..7,1877..
56%IlColum., & Xenia, 1st M.,7, ’90.
56%
iDayton & Mich., 1st M.,7 81..

17%
56%

Philadelphia & Erie
Philadelphia* Reading
Philadelphia & Trenton
United N. «J. Companies

BAILKOAD BONDS.

Allegheny Val. 7 3-10s. 1896 .... 91%
do
7s E. Ext..19.0 8.3
do
Inc. 7s end,’94..
9tT
Belvidere Dekiware.lst m,6,’77
do
do
2d M. 6s,’.95 92
do
do
3d M. 6s,’87 89%
Camden & Amboy, 6s, ’75.... 102%
96
do
6b4 ’83
do
94%
do
6s, ’89
do
103
•
do mort. 6s,’89. . j
do
K 6
Cam. & Atlan. 1st m, 7s, g. 19(3
do
2d do 7s. 1830.... I lit.]
Cam * Burlington Co. 6s ’97. 91
•94
Cape May & Millville 7s
•
Catawissa, 1st M. conv.,’82....
do
new 7s, 1900
1 102* *
70
Cayuga Lake 1st m. g. 7s 1901; 92

2d

1900...

do

do
do
do
do

Go

do

do
do

reg,

1898

7s, 1910
con. m. 8s, 1923
6$, currency.

do
Little Schuylkill.1st M.,7,1877.
Northern Pnciilc 7 3-l0s. 19(0..
North Penn. 1st m, 6s, ’85
do
2dm. 7s,’96
gen.

mort. 7s. 1903

Oil Creek & Ala.

R.,con. 7s,’88.

'

do

*do

do
2d M.,7,’84..
do
do
3d My7, ’88..
do To’do dep. bds, 7,’81-’94.

“”l

Dayton & West., 1st M.,7,1905.
do
do
1st M., 6, 1905.
&
«%; Ind., Cin. (I. Laf.,lst M.,7
do
&C.) 1st M.,7,1888
Little Miami, 6, 1883
1^6
1 Cin, Ham. & Dayton stock....
...; Columbus & Xenia stock
Dayton &M!ch1gan stock....
8 p. c.
do
Little Miami stock

•....

86

Louisville 6s, ’82 to ’87

90
....

v

r

i5j%

"Wharf 68

special tax 6ft of’89.

Jeff., Mad. *

I,lstM.(I*M)7, ’8)

1C5*
75

t

Consol. 1st M.,7,1898.

do

...

common.

54

ST.

103. ’

103%

....

ai%
00
06
02
61

do
do

22

101%
•

,

.

:03
62

2d M.
1st M.

do

97%
97%

95
02

69
92
69
95
£8
7S
73
99
91
62
101
40

82%
82 V.
f

4

82%
52%
83
88
71
85

88

’

46
46

104

107
103
94
ICO
105
110
68
>8
1(2
64
102
65
P0
79
98
100
94
91
97
90
81
75
92
92
61

103
41

104
ICO
215
63
83
65
S3
63
84
69
72
86
75
66
87
95
84
84

.

1}

*

do
do

ft”
fi

.40

...

gld

2d M. bds.
stock

do
1stM.gld 6s. J. & D..
do
do
do F.&A
And interest.

,

69

4

LOUIS.

C5*
95

97

94%
Louis 6s, Long Bonds...,
102
do
Water 6s gold
do (new)* 101%
do
do
rth Missouri. 1st M.7s...

89

02%

103
105
*101
‘92
*98
*103
105
66
65
Ul
92
HO
62
86
17

i

96
SO

90
102
195

39

do

do

53

1(2“

do
do 2d M.,7,
do
do 1st M.,7,1906....
Louisv.C.*Lex.,lstM.,7, ’97.. 74
Louis. & Fr’k.,lst M.,6,’70-’78.. fc5
do
Loutsv. Loan, 6.’81. 86
L. * Nash. 1st M. (m.s.) 7,’77.. 94
do Lou. Loan (m.s.)6, ’86-*87 33%
do
do
(Lch. Br.) 6.’86 83
98% 99%
do lstM.(Mem.Br)7,’70-’75.
do lstM.(Leb.br.ex)7, ’80-’85 5?% 89%
84
S3
do Lou.L’n(Leb.br.ex)6,’93

97
96

+

6s,’97 to’98
Watei 6s,’87 to’89..
Water Stock 6s,’97.

do
do
do
do
do

66

65
94

100
•202

LOUISVILLE.

m

45

st’k guar 101%

Cincinnati Gas. stock

...

„

’£5.

I
1

Connecting 6s 1900-1904
50
40
Dan., H. & Wilkes, 1st m./7(’/87
102
Delaware mort. 6s, various— 1(0
[02
East Penn. 1st nort.78,’86
[01
do 5s,]perp 61
is,
do
Harrisburg 1st mort.6s,’83.... ,00% 102
07
H. & B. T. 1st mort. 7s, ’90
It 2
do
2d mort. 7s, ’75— 100

3d m. cons. 7s,
do
Ithaca & Athens g. 7s, ’90
1st mort. 6s, ’83
Junction

7-3(18

Cin.,nam. & D., 1st M., «, 80...
do
2d M.,7,’85...
do
34% il
do
do
3d M., 8,77...
54 "■
11
i ICIn.. IIam.& Ind.Tsgnar
& Indiana, 1st M.,7
55% Cin.

42

Northern Central
North Pennsylvania.

Delaware

45

4(%

92%
85%

45
.

Cincinnati Southern KR. 7.30s
Ham. Co.,Ohio 6 p.c. long bds.
do
7 p.c.,1 to5yr8
do
Ig bds,7 & i.S0.»
do
do
Cin. & Cov.Bridge stock, nref
do
bonds, short
do
honds.long.

63%

63

93

92%

CINCINNATI.

do

41

l

Parkersburg Branch
Central Ohio
do
preferred
Cincinnati 5s...
6s...
do
7s...
do

• •

pref..

Harrisburg Lancaster & C —
Huntingdon & Broad Top ..
do

20

HJ%

92
95

do
1st M., 6,1889
West Md.lstM., endorsed, 6,’9C 161
do
1st M., unend.. 6, ’90.. 80
da
2d M.,endorsed,6,’90. 101
185
Baltimore & Ohio stock

5J

Camden & Atlantic
do
do
pref
Catawissa

96%

do

77
104 k 106

7s

Norfolk Water 8s
North. Cent. 2d M„ 8. F., 6, ’35.
do
do 3d M., 8. F., 6,19(0
do Id M. (Y. & C) 6,*77
do
do Cons, (gold) 6,1900
do

Pitts.* Connellsv.,lstM.,7, ’98

59

5s

do
do

107%
ill

New .Jersey

do

•

103%

102

CANAL BONDS

jlOO

Burlington & Mo. in Towa

Lehigh Valley,6s, 1898

1

8~r

Delaware Division 6s, ’73.
1 *>% 135%! Lehigh Navigation 6s. *84.
!00% 100%
90 j
100
do
KR, ’97....
Ti\%
do
,Ti
,95k

Boston & Maine
Boston & Providence

do
-

United N. J. cc ns. m. 6s, 91.
Warren & F. 1st m. <s,’96.. ..
West Chestercons. 7s,’91.. ..
West Jersey 6s ’83
go
1st m. 6s,'96
do
do 7s,’.897...
Western Penn. HR.6s, 1663...

....

43k

9 2.000

657,000

6

(

42k
87

1,558.000
931,820
46!,')00

1.452,443

151,772
951,000
339,000
201,053

8
70

50k

1,000,000
616,000
4 73 125
426,000
210,(0;)
215.50)
156,480
2( 9.6(H)
535,610

new conv. 7s, 1893
C.&I.Co.deb.7s’92
mlg. 7s, ’92 9:

Ask

94

22 k >

50

1.-45,000

7,000

400,000

861,072
491,000

1*457

799.103
3,815.000
1,422,000

300,000

3)5.000

89
38

24.293.000

647.000

i‘,m

93%

State 6s, Exempts 105'
Camden City 63

#l.(KK),C0O

85%

1901
Sunhury* Erie 1st m.7s,’77.
Sunhury & Lewiston 7s. 1690.

24,555. r 6
24,6( 0.500
24,433,900
24.311.300

24,113,500

96’

Shamokin V. & Pottsv. 7s,

funded debt 7s

Alleghany

24.210.30,,

191

106k iot% Pitte., Cin. * St. Louls7s.

do

Pittsburg 4s

Total net
L. Tender. Deposits,Clrculat’n.

31,474

io ’

10 ,y,

do

in

102

107%
do
7s,
deb. bonds,'93 78
g. m. 7s, c. 1911 107
do reg,1911 107

do
do
do
do
do
Phil.* Read.
do

100

69%
equipment 10s. 85

do

#1.537,000]
1,650,000
1,679.0(0

72k

84
105
103

102%
99%

Philadelphia & Reading 6s, SO

102S

70*'

Eastern MasB.. 7s
Ind. Cin <fcLaf.7s, 7869

do

do
gen.m., reg.,
Perkiomen 1st m.6s,’97
Phlla. & Erie 1st m.6s, ’81
do
2dm. 7s.’88.

103 k
101

102

Portland 6s...
Atcli. & Topeka 1st m.7s
do
land gt. 7s....
do
2d 7s
.....
do
land Inc. 12s..
Boston <fc Albany 7s
Boston'& Maine 7s

do

follows:

2.6'6,030
1,594.500
579.930
2.870,000
1,073,000
703,352
857,950
565,632
1,937,000

250,000
1,000,000
200,000
300,000

1,000,000

Eighth
Central
Bank of Republic..
Security

564.900
617.200
650.700
; 66.700
562.9(i0
567.7(H)
690 00(i

773.700
300.0(X1
430.2(’o
329.9()(i
761.9(1(1
741, S/-c
65'\8oo

2.222.2(0

UVO

1,215,000
2,279.337

500,000

Union....
First
Third
Sixth
Seventn

595.5(H)

3,730

66,7(0

1,042,630

(lorn

•

1,0 io, Coo
717,.’00

10.0(0

4.853,000
5,123,900

Kensington

Cousoildation
City
Commonwealth....

974,8;iq
2.128,700

#1,965,000
4,25 i.OOO
4.578,300
1,981,000
1.392,100
2.C 65,000

#30,000

#5.362,000
2.614,000
2.0 4,300
2,503.000
1.: 85,COO

Bank of Commerce
Girard
Tradesmen’s

672,100,

6

810,000
800,000
500,00 0
250,000

Manufacturers’....

773.300
8:2,4 (>()
1.151.400
1.665 6.(0

following is the average conNational Banks for the week ending

Commercial
Mechanics’
li ink.N. Liberties.
Southwark
Penn
Western

',2o;i
173 ltJC

61

792.600

51.873,600
54,30 >,6(0
53,235,700
54,739,400
51,533,100
51,411,600
54,'<60,200

9.372.200

Monday, Feb. 22, 1873 :
Banks.

920,8co

The

Pliiladelplila Banks..
dition of the Philadelphia

Chicago Sewerage 7s
do
Municipal 7s

Deposits.

9,350.400
9.256,900

1,759.800
1.375.600

131.570.200

131,987,COO

Feb. 23

1.036,600
1,601,100

the totals for a series of weeks past:

Loans.
c: O
CO

Date.
Jan. U
Jan. is

Feb. 1
Feb. 8
Feb. 15

are

47 i Son

of F<b. 23, ie #25,601,700.

The deviations from last week’s returns are as
Increase. #317,400 Deposits
Loans
Decrease. SS 1,200 Circulation
Specie...
Legal Tenders
.Decrease. 251,903

following

1,210 800

{9.169,000 #51,280,200 $24,143,300

#131,887 GOG #1,375.000

The total amount “due to other Banks.” as per statement

The

S23.700

Pennsylvania, 1st M.,6,l8fe0..
do
2d M., 6,1875
do
gen. in. 1910....

102^

163
100

Ogdenshurg & Lake Ch. bs
Old Col. & Newport Bds, 7, ’77.
Rutland, new 7s
Verm’tCen.,l8t M., cons. ,7, ’86.
do
2d Mol t., 7,1891
|
Vermont & Can., new, 8s
j
Vermont & Mass., 1st M. 6,’83.!
Boston & Albany stock
j
Boston & Lowell stock
1

171.400
746.800
6*3,600
315.400
561.70(1

7s.90f

,

Burlington & Mo. land gl.7s..
do
do Neb.Ss. 1394.
do
do Neb. 8s, 1883.

346.4:jo
340.200
245.60C
1.444,300

1.576,400
1.261.810

158 600
329.1 fO
84.200
99 100
69.600

300

520.5(0
2,610,800
2

1,500,000

699 010
569.400
9.59.700
7 >7,900

364.000
76.300
181.900
401,100

79.300
21.400
11.300

900.700

200,000
1.000.000

833,400
828.700

158.200

102%

436 6 .(1
146 6i(;

539.71 0
990.90)

120,800
2i6,U)0 r
104.81)0
311.0(0
251.0(H)
70.700
601,400
292.3(H)
412,0 JO

102%

517.700
777.5(H)
118.300
498.901)
3J1.400
347.70 i
2S1.3i)o

555,600
1.276.800

235.-200

29.000

3

500,000

932.000
762.600
967.100

82,(00

Il8,0t0

490.500
163.400
147.4 ‘<1
7S6.40

335,500
619,900

2( 1,600
223.100

500

5.822.(00
2 919,000

671.10U

289.000

212.100
5i,7o0
1.600

E xchanee
Hide & Leather
Rivere

Security

•

1.600

City
Eagle

Union....
Webster

.

7,700

5 26 ^ .800

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

.

2I.5C0
11.8U0
11S.S00
13.000
15.200
fc.700
8.9(H)
21.100
82 300

.31UOO

l

750,000
1,000.000

"Urst
S tcond (Granite)...
Third
Bank of Commerce
Bank of N. America
B’k of Redemption.
B ink of Republic...
Commonwealth

.

3.445.600
2.1(3 600
4.156.8)0
4.8'i2,,<00
1.397,400

2,000.000

Washington

o.i’.'o

2.877300
3.606.000
3.500.700

1,000.000

4

17,900

3.379,9(0
2.216.800
J.531.1U0

1,000.000

Tremont

...

1.584,SIX'
•2.073.8U0
1,382.300
10.313.1CO
654.90C
2.593.600

200,000
1,000,000

Deposits
Deposits. C1rc.nl
#458.200
#418.41)6
752 900
1,038.200
1.826,300
752.800
1.005.600
564.ll>"

L.T. Notes
Specie. L .T. Notes.
#7‘.K)
#52 KH)
110,800
1,100
255.500
32,500

Loans.

Oil Creekist m.7s, ’82
Penn* N.Y.C.&R K’96-1.

BOSTON.
New Hampshire, 6s
Vermont 6s
Massachusetts 6s, Gold....
do
58, Gold...
Boston 68, Currency
do
5s, gold...,

Bid

SECURITIES.

Bid. Ask

Maine 6s

Banks.

Boylston

Dec. ?2,fin*,5u0
92S,5CO
Dec.

returned to the Clearing House on Monday,

National Banks, as
Feb. 23, 1873 :

PlIILABELPillA, BitTUHIHE. &c.

HUOTATKPIS IN BOSTON,
SECURITIES.

Circulation

8,21",HD
8,254,6 JO

Dec.
Dec.

Specie.
Legal Tenders

(February 27, 1875

CHRONICLE.

THE

204

44%
3%
55

95%
64%
40
3*
90
60
45
4

59%
65%

February

27, 1875,]

205

CHRONICLE.

THE

AND BONDS IN NEW YORK.
United States Bonds ana active Railroad Stocks are quoted on. a previous page and not repeated here. Prices represent
cent value, whatever the nar may be.
“ N. T. Local Securities ” are quoted in a separate list,
QUOTATIONS OF STOCKS

SECURITIES.

Bid. Ask.

SECURITIES.

Bid. Ask.;

Cumberland Coal & Iron

State Ronds.
\Iabama 5s, 1888.
5s, 1886
(Jo
do
8s, 1886
do
do
do
do

Mariposa Land &
do

8a

.

Arkansas 6s,
do
do
do

do
do

-

funded

7s,L.R.,P.B.*N.O.
7s, Miss. O. & R. Riv.
7s, Ark. Cent. R.
7s. large

do

bonds

105 ‘
85
92
89
83
.... 100
100
100
100

Connecticut 6s
Georgia 6s

7s, new bonds
78, endorsed
7s, gold bonds...

Indiana 5s

Illinois 6s, coupon,

do
War loan
Kentucky 6s
Louisiana 6s
do
do

1877

1879

2d
3d

do
do

uo

do

7s, L. R. & Ft. 8. Iss.
7s, Memphis & L. R.

California 7s

do
do
do

Albany & Susq., 1st

of 1892..

25
10
10
10
10
10
... 113

6
6

Mining Co...
do pref

8s.
16* 17% Tol.. Peoria & Warsaw, E. D...
do
do
W. D..
do Bur. Div.
do
62" 64*'

Maryland Coal
Pennsylvania Coal
Spring Mountain Coal
’Railroad Ronds,

8s,1888
8s, Mont. & Euf’laR.
8s, Ala. 6s Chat. R. • • •

Boston, Hartf. &

do

do
12

bonds...
do

107
104
101

.

do

guar—

1st 7s, g
Chesapeake & Ohio 6s, 1st m...

Belleville & S. Ill. R. 1st m.

do 2d mort..
do consol.7s
Wabash, 1st m. extend,
do
lstm. St.L. div
do
2d mort
equipm’t bds.
do
con. convert..
do
Hannibal 6s Naples, 1st mort...
Great Western, 1st mort-., 1888.

do
do
Tol. &
do
do
do
do

109

23*

Erie, 1st mort

Bur., C. Rapids & Minn.

44

45

ex coup 100

do

do

Alton & T. H., 2d mort. pref...
do
do
2d mort. income

Chicago & Alton sinking fund.
do
do
l6t mort
do
income
do
Joliet & Chicago, 1st mort
Louisiana & Mo., 1st m., guar.
St. Louis, Jack. 6s Chic., 1st m.
Chic., Bur. & Q. 8 p. c. 1st in...
do
do consol, in. 7s
Chicago, Rk. Island & Pacific.
Central of N. J., 1st m., new...
do
<=
1st consol....
do
do
do
con. conv
Am. Dock & Improve, bonds..
Mil. & St. Paul 1st m. 88, P. D..
do
7 3-10 do.
do
do

do

2d mort., 1893..

Quincy & Toledo, 1st mort. 1890
Illinois & So. Iowa, 1st mort...

108
103
108

i

Lafayette, Bl’n &

Miss., 1st m.

Missouri, 1st m.

Bid

SECURITIES.

Bid. Ask.

SECURITIES.

the p .
95

RR. Se

Omaha & Southwestern
Oswego & Rome 7s, guar

100
75

Peoria, Pekin & J. 1st mort....
Peoria & Rock I. 7s, gold
65
Port Huron & L. M. 7s, gld, end
do
do 7s, gold...
Pullman Palace Car Co. stock.
do
bds, 8s, 4th serieiRockf’d, R.T. 6s St. L. 1st 7s, gld
80* 83
59* Rome 6s Watertown 7s
58*
51
50
Rome, W. & Ogdensburg 7s..
Rondout & Oswego 7s, gold..
38" Sioux City & Pacific 6s
88
South Pacific 6s, gold
78
Southern Minn, construe. 8s..
76
do
7s
52% 53*
57
55
St. Jo. & C. Bl. 1st mort. 10s..
do
do
8 p. c
50
60*' St. Jo. & Den. C. 8s, gld, W. D

90*
| Han. & Central
60
! Pekin,Lincoln & Decatur, 1st m
100*
Cin., Lafayette & Chic., 1st 111. 107*
my* 113
Del. & Hudson Caual, 1st m., ’91
102 ;% 103
do
do
1884
106*,
do
1877
iii" do
109
H>4* 104* Long Island RR., 1st mort
Nashville & Decatur, 1st m. 7s.
107* 103
South Side, L. I., 1st m. bonds.
100*
100*

42*
35

94"
94
20

98 "
49
60

68
55

75
50

&5
85

do 8s, gld, E. D.
Sandusky, Mans. 6s Newark 7s
St. Louis, Vandalia 6s T. H. 1st
do
do
2d, guar
St. L. * So’eastern 1st 7s, gold
St. L. & I. Mt. (Ark. Br.) 7s, g.
do

Southern Central of N. Y. 7s
Union & Logansport7s
Union Pacific, So. branch, 6s, g
Walkill Valley 1st 7s, gold....

Ask

100

82*
70

85"
65

70
60
70
50

Union Tel., let m. 7s.
West Wisconsin 7s, gold
70
raiNcellaiienus List.
Wisconsin Valley 8s
30
Atchison & P. Peak, 6s, gold...
Southern Securities
42
7s, gold, R. D.
do
do
86" Atlantic & Pacific L.G. 6s, gld.
CITIES.
45
1st m.,LaC.D,
do
74
do
80
Atchison & Nebraska, 8 p. c... xlOO 102
Atlanta, Ga., 7s
1st m.I.& M.D,
82
do
do
80
Bur. 6s Mo. Riv., stock
do
8s
1st m. I. & D..
do
85
do
do
8s,
1875..
Land m.7s.... 102* 103*
do
79*
do
100
1st m. H. 6s D.
do
Augusta, Ga.,7s, bonds
55
do
..of 1910.. 103
8s...
do
2dS.,do 7b....
do
Charleston Btock 6s
1st m. C. & M.
70
do
do
8dS.,do 8s— 100
Michigan 6s, 1878-79
do
103
do
Charleston. S. C., 7s, F. L. bds
1st Consol. ...
62
do
do
do
6s, 1888
4thS., do 8s... 101
do
105
do
Columbia, S. C., 6s
2d m.
do
70
do
do
7s, 1890
do
Sth S., do 8s... 101
do
100 *
(lo
Columbus, Ga., 7s, bonds
101
74
Chic. 6s N. Western sink. fund. 100
6th S., do 88. .
Missouri 6s, due in 1875...
do
do
100*
x97 100
Lynchburg 6s
74
do
1876.
inf. bonds.
do
do
do
Creston Branch
90
do
39
do
Macon 7s, Donds
c«nsol.bds
100
x97
50
1877.
do
do
do
do
do Charlton Brauch
98
do
ext’n bds.
50
45
Memphis old bonds, 6s
43
1878.
do
do
do
do
98
98
•••I | Bur., C. It. & M. (M. div.), g. 7s. 60
do
new bonds, 6s
1st mort...
70
55
1879.
do
do
do
do
do
end., M. & C. RR. ..
80
45
ep.gld.bds 80% 80* Cairo & Fulton, 1st 7s,gold ... 60
1830.
do
do
do
do
95
96
California Pac. RR. 7s, gold...
Mobile 5s
70
reg. do
g.
47
do
do
Funding bonds due In 1894... 96
84'
do
6s, 2d m., g 55
97
8s..
do
60
65
Iowa Midland. 1st mort. 8s
Long bds. due ’81 to ’91 lncl..
IW% 105* Canada & Southern 1st 7s, gold 95
100
Montgomery 8s
80
Galena & Chicago Extended... 102*
Asylum or Univers., due 1892. too ioi'
Central Pacific 7s, gold, conv..
Nashville 6s, old
85
70
do
do
2d mort
Han. & St. Joseph, due 1875. 100
95
95
do
Land grant 6s.g 27* 32*
do
6s, new
43
do
do
do 1876. 9-1
Peninsula, 1st mort., conv
95
Central of Iowa 1st m. 7s, gold
New Orleans 5s,
53
Chic. & Milwaukee, 1st mort.. 81
do
do
do 1886. 94
do
2d in. 7s, gold 101
do
do
consol. 6s
37
do
do
do 1887. UH* 106*; Winona & St. Peters, 1st mort.
Keokuk* St. Paul 8s...
do
bond8,7s
101
39
do
do
2d mort.. 106* 108
New York Bounty Loan, reg.. 106 A
Carthage * Bur. 8s
do
gold 7s, quarterly
101
17
coup
C..C..C.& Ind’s. 1st in. 7s, S. F. 102*
do
110
Dixon, Peoria & Han, 8s.
do
10s.
101
42
Del., Lack. & Western, 1st m.. 111
do
6s, Canal Loan, 18.5. 110
|(). <). & Fox R. Valley 8s.
do
to railroads, 6s.
101
68
do
do
2dm... 109% 110
do
6s,
do
1877. no
Quincy
Norfolk 6s
101
70
7s, conv. 110 113 I!Illinois & Warsaw 8s
do
do
do
6s,
do
1878. 114
Grand Trunk
Petersburg 6s
‘40
35
85
Morris & Essex, 1st mort
do
6s, gold reg.... 1887
105
105* Chie., Dub. & Minn. 8s...
rce
Richmond 6s
100
85
do
eoup..l887.;J1l'f
do
2d mort
do
6s, do
Peoria & Hannibal It. 8s.. •c *;
Savannah 7s, old ... ...'
85
loan .1883.!
do
do
bonds
do
6s, do
97"
Chicago & Iowa R. 8s....
do
7s, new,...
ioi'
65
do ..1891.!
4
do
do
construction.
do
do
6s,
105* American Central 8s
Wilmington, N. C., 6s, gold...
95
do ..1875. 110
80
do
do
7s of 1871
do
5e, do
105*
Chic. & Southwestern RR. 7s
110
do
do
8s, gold...
43
4i'
do ..1876.
5s, do
Erie, 1st mort., extended
do
Chesapeake & 0.1st ni. gold 6s
RAILROADS.
25
90
do
do
endorsed
20
do
North Carolina 6s, old, J. <fe J..
2dm. gold 7s
103*: 164";
Ala. & Clmtt. 181 m. 8s., end...
85' 95
A. & <>..
52
2d mort., 7s, 1879
*.. 103
do
do
Ala. & Tenn. R. 1st mort. 7s..
95
42
3d do
7s, 1883
N. C.RR
do
j 103*: Col. & Hock. V. 1st 7s,30 years
J. & J..
do
do
do
1st 7s, 10 years
2d mort. 7s...
do
do
90
62
4th do
7s, 1880
A. & O..
do
do
60
do
93
do
2d
j Chicago, C. do Dub. 7s, 20 years 30 40 Atlantic & Gulf, consol
7s, 1888.. . .....
5th do
do coop off.J. 6s J..
do
65
do
&
8s.
do
do end. Savan’h
IF
102% 103*
do do off.A. & O..
do
1
7s, cons. mort. gold bds. 102
do
16s'‘I Chicago, Bur. & Quincy 7s
do stock
do
45
30
Lon Dock bonds
Fudding act, 1866...
do
Chic. & Can. South. 1st 111. g.7s 50
do
do
do guar..
do
1868...
75
70
do
N. Y. & Erie, 1st m., 1877.
!Ch. I). & V„ I. div., 1st in. g. 7s. 50
Carolina Central 1st in. 6s, g.. 100
102
do large bds . 106
New bonds, J. & J..
do
do
do
Chic., Danv. & Yincen’s 7s, gld 90 |100
Central Georgia 1 st. mort. 7s..
90
()..
do
A. 6s
Han. & St. Jo. land grants
88
do
84% 34* Connecticut Valley 7s
do
consol, m. 7s 60
72
65
(VI
do
do 8s, conv. mort... 102
do
Special tax, Class 1.
Connecticut Western 1st 7s....
do
stock
45
67
do
Class 2.
62
Illinois Central, 7 p. e., 1875....
do
Chicago & Mich. Lake Shore..
Charlotte Col. 6s A. 1st M. 7s..
51
35
do
Claes 3.
do
Dubuque & Sioux City, 1st m.. 98"
Dan.VUrb., Bl. & P. 1st m. 7s, g
100
do
do
stock....
62
do
do
2ddiv.
Ohio 6s, 1875
83* Des Moines & Ft. Dodge 1st 7s.
105
60* Charleston & Savannah 6s, end
70
Cedar Falls* Minn., 1st mort.
do 6s, 1881..
40
Detroit, Hillsdale & In. RR.8s. 97
106
Savannah & Char. 1st in. 7s.
100
90
Indianap., Bl. & W., 1st mort..
do 68.1886.
29
Detroit & Bay City 8s guar.
104
Cheraw & Darlington 7s...,
60
70
72
do
do
2d mort... 102
Rhode Island 6s
'Detroit, Eel River & Ill. 8s..
30
East Tenn. 6s Georgia 6s
60
70
T2
Mich. So. 7 p. c. 2d mort
South Carolina68
106
106* !Det., Lans. & Lake M. 1st 111.8s
30
East Tenn. & Va. 6s, end. Teni
85
Mich. S. & N. Ind., S. F., 7 n. c. 104
do
Jan. & July..-*
30
do
do 2d m. 8s
!
30* E. Tenn. Va. & Ga. 1st m. 7s..
-60
Cleve. & Tol. sinking fund.... 101*
do
April & Oct
Dutchess* Columbia7s..
30
stock
do
db
60
50
90
do
do new bonds
do
Funding act, 1866...
100
Denver Pacific 7s, gold
65
60
Georgia RR. 7s
80
Cleve., P’ville & Ash., old bds. 101
do
Land C, 1889, J. & J. 30
Denver & Rio Grande 7s, gold.
do
stock
95
54
do
do
new bds 98
Land C.1S89, A.&O.
do
100
Evansville & Crawfordsv.,7s.. 85
Greenville & Col. 7s, guar ....
50
Detroit, Monroe & Tol. bonds. 101*
of 1S88.
do
7s
Erie & Pittsburg 1st 7s
do
do 7s, certif...
75
82
Buffalo <fe Erie, new bonds
do
nonfundable bonds.
101
do
do
2d 7s
Macon 6s Brunswick end. 7b..
85
11
Buffalo & State Line 7s
Tennessee 6s, old
do
do
7s, epuip
Macon & Western utock
47
60
88
Kalamazoo & W. Pigeon, 1st. 100* 101
do
do ex coupon
Evansville, Hen. & Nashv. 7s..
Macon & Augusta bonds
84
90
Lake Shore Div. bonds
do
do new bonds
100* 100* Elizabethtown & Padu. 8s, con. 80
endorsed...
do
uo
48*,
8*2
15
Cons, coup., 1st... 100* 100* Evansville, T. H. & Chic. 7s, g.
do
do
ex coup 48
do
do
do
do
stock
100
95
85
do
Cons, reg., 1st
do
do
do new series
Flint & Pere M. 7s, Land grant. 53
91%
65
Memphis 6s Charleston 1st 7s.
72
2d
do
Cons, coup.,
Texas, 10s, of 1876.
Fort W., Jackson & Sag. 8s
30*'
do
do
2d 7s..
102
12
Cons, reg., 2d
do
108
Virginia 6s, old.
Grand R. & Ind. 7s, gold, guar. 85
30
do
do
stock
65
Marietta 6s Cin., 1st mort
do
do
do 7s, plain
do new bonds, 1866... 30
100
101*
96
Memphis 6s Little Rock 1st m.
98
85
Mich. Cent., consol. 7s, 1902 ..
do
1867... 57
do
do
Grand River Valley 8s
Mississippi Central 1st 111. 7s..
,85
90
74
do
1st m. 8s, 1882, s. f.
do
do consol, bonds
Hous. & Texas C. 1st 7s, gold..
do
2d m. 8s...
52 h
80
do
cquipin’t bonds...
do
do exmatudcoup.
Indianap. & Vincen. 1st 7s, guar
& Tenn. 1st m. 7s.
85' Mississippi
80
New Jersey Southern, 1st m. 7s
do
do 2d series
do
Iowa Falls & Sioux C. 1st 7s..
do
do
consol. 8s
85
75
consol. 7s 102* 103
do
do
do
do deferred bonds...
Indianapolis* St. Louis 7s...
Montgomery & West P. 1st 8s
75
60
New York & New Haven 6s
Houston!* Gt. North. 1st 7s, g
99* lU)
Kallroud 'lochs.
do
do income
74
‘25
N. Y. Central 6s, 1883
99* 99* International (Texas) 1st g.
Mont. & Eufaula 1st 8s, g. end
(Active previously quoted.) 97*
80
do
6s, 1887...
95
lnt.. H. & G. N. conv. 8s
Alb my & Susquehanna
98' Mobile 6s Mont. 8s, gold, end.
93
74
do
6s, real estate.... 95
Jackson, Lansing & Slag. 8s...
Central Pacific
Mobile 6s Ohio sterling
85
70
1021-4 103
do
6s, subscription. 100%
Jack., N. W. & S. E.lstm. g.7s 62*
do
do
do ex certi
Chicago & Alton
108
67
107
65
do
76, 1876
Kansai. ^ac. 7s, extension, gold
do
do pref
do
do 8s, interest
70
6?
105
105*
62
7s, conv., 1876....
do
do
7s, land grant, gld
do
do 2d mort. 8s....
Chic., Bur. & Quincy
65
12
64*1
do
7s, 1865-76
7s,
do
do new kid 58"
113*
do
do stock
Cleve., Col., Cin. & Indianap.. 90*, 9i"
95
do & Hudson, 1st m., coup, 110
do
6s,gld, June* Dec
111
Cleveland 6s Pittsburg, guar...
N. Orleans & Jacks. 2d m. 8s..
62*
90
54*
do
do
lstm., reg... 107* 110
do
6s, do Fob. 6s Aug
Dubuque & Sioux City
do
do certif’s 8s.
92
85
Hudson R. 7s, 2d m. s. fd. 1885..
do
7s, 1876, land grant 64
Erie pref
66
N. Orleans 6s Opelous. 1st m. 8s
80
28*
7s, 3d mort., 1875... 109* 1110*
uo
do
7s, Leaven, br’nch
Hannibal & St. Joseph, pref.. 100
Nashville & Chattanooga 6s...
25
98
Harlem, 1st mort. 7s, coup
do
Dicomes, No. 11...
Illinois'Central
109* UO*
Norfolk & Petersburg lstm.Ss
15
88
do
reg
do
do
do
No. 16...
84
do
do
7s
Indianap. Cln. & Lafayette...
97"
7*
82
North Missouri, 1st mort
do
Stock
93* 99%
Joliet & Chicago
do
do
2dm. 8s
100
92
Ohio & Miss., consol, sink. fd. 98% 99* Kalamazoo 6s South H. 8s, guar
Long Island
Northeastern, S. C., let m. 8s..
100
90
85
do
do
consolidated
Si* 82
Marietta 6s Cin., 1st pref
Kal., Alleghan. & G. K. 8s,guar 85
do
2dm. 8s...
95
8
90
do
do
2d do
do
2d pref
96* 96% Kal. & White Pigeon 7s
Orange & Alexandria, lsts, 6s..
100
95
82
70* 72* Central Pacific gold bonds....
84* 85* Kansas City & Cameron 10s..
2ds, 6s..
do
do
Michigan Central
50
91
97
97*
do San Joaquin br’nch 34
84* Kan. C., St. Jo. & C. B. 8s of ’85
Morris <fc Essex
do
do
Sds, 8s..
75
do Cal. & Oregon 1st.
do
do
do 8s of ’98 55
Missouri, Kansas & Texas. ..
do
do
4ths, 8s..
75"
s” ‘■I*
90
do
State aid bond6 87" 87* Keokuk & Des Moines 1st 7s..
New Jersey Southern
RIchm’d 6s Petersb’g 1st m. 7s.
60
80
138
Western Pacific bonds
93* 93* L. Ont. Shore RR. 1st m. gld 7s.
N. Y:, New Haven * Hartford.
35
Rich., Fre'ksb’g & Poto. 6s
62" Union Pacific, 1st mort. bonds 94* 95
80
Lake Sup. & Miss. 1st 7s, gold.
Ohio & Mississippi, pref......
do
do conv.7s
85
68
do
Land grants, 7s. 106
Leav., Atcli. 6s N. W. 7s, guar..
Pacific of Missouri
Rich. & Danv. 1st consol. 6s...
25
98
98*
do
Income past due 89* 89* Leav., Law. & Gal. 1st in., 10s.. 15
Pitts., Ft. W. & Chic., guar...
Southside, Va., 1st in. 8s
88
90
do
Sinking fund...
90
Louisiana & Mo. Riv. lstm. 7s. 25
do special
do
do :
2d m., guar. 6s.
30"
iia* Pacific R. of Mo., 1st mort. ...
111
Rensselaer & Saratoga. .......
Logans., Craw. & S. W. 8s,gld. 100
do
3d m. 6s
105
69
do
do
IstCaron’tB.
79* Michigan Air Line8s
4th m. 8s
do
Rome, Watertown & Ogdens.. *7*
55
10
do
2d mort
do
i01* 101% Monticello & P. Jervis 7s, gold 30*
St. Louis, Alton & T. Haute.
Southwest RR. Ga,lstm.
35
26* Pacific R. 7s, gnarant’d by Mo. 108
Montclair 1st 7s, gold
do
do
109
do
pref 25
do
fctock
Pitts., Ft. W. & Chic., 1st mort.
gold.. si’ 50 S. Carolina RR. 1st m. 7s, new. 85
Belleville & So. Illinois, nref..
105* Mo., Kansas & Texas
io‘ 26"
do
do
2d mort. 101* 103
50
Mo. R., Ft. S. & Gulf lstm. 108.
St. Louis, Iron Mount. & South.
do
6s....
50'
do
do 3d mort. 104
55
do
do
do-2am. 10b.
do
7s
Toledo, Peoria & Warsaw
42*
10
Cleve. & Pitts, consol, s. fund.
N. J. Midland 1st 7s, gold
do
stock
Toledo, Wab. & Western, pref
20
do
3d mort
65
do
2d 7s
96* 96*
Miscellaneous stocks
West Alabama 8s, guar
25
20
do\
do 4th mort
26
N. Y. & Osw. Mid. lBt 7b, gold,
64
American District Telegraph.
PAST DUE COUPONS.
^
8
48
do
do
2d 7b, conv. 4
Col., Chic. & Ind. C. l6t mort..
23
Tennessee State coupons
Boston Water Power
5
do 2d mort..
do
66
80
64
do
West. Extension 7b.
99*
Canton Co .Baltimore
Virginia coupons..
SO
40
Rome, Watert’n & Og. con. 1st
85
89* N. Haven, Middlet’n & W. 7a..
Cent. N. J. Land Improv. Co.
do
consol, coup
22
St. L. & iTOn Mountain, letm..
B0
North. Pac. 1st m. gold 7 8-IO1..
€1
hi* City coupem..
.Delaware & Hudson Canal.... 118% 118%
80
28
do
do
2dm..
do
Land warrants...
American Coal
104% 106
Alton &T. H.,let mort........
Consolidation Coal of Md.... i42% 43
do
do
do
do
do
do
do

do new bonds.. .
do new floatiug debt
7s, Penitentiary
6s, levee bonds
8s,
do




Western

87%

..

••••

—

•

...

.

_

Buff?,

e

•

.

.

•

•

206

[February 27, 1876,

fHE CHRONICLE.
The

3 noestments
AND

SECURITIES, CITY SECURITIES, RAILROAD
ISTOCK AND BOND LIST, CANAL AND MISCEL¬
LANEOUS STOCK AND BOND LIST.
[Entered according to Act of Congress, in the year 1875, by William B. Dana &
STATE

Co., in the office of the Librarian of Congress, Washington, D.C.]

There have been no extraordinary features in investment secu¬
rities during the month of February.
The Toledo Wabash &
Western Railroad was obliged to default on its interest due the
first of the month, and it is hardly too much to say that this is
one of the most unfortunate defaults that has occurred, and, until
within the past few months, one of the least expected.
The
Wabash road had an established traffic, and for years a consider¬
able surplus above the requirements for bonded interest, and paid
the semi-annual dividends on its preferred stock with the regu¬

larity of

an

The decrease in rates for freight

interest payment.

has been one of the princpal elements which have brought about
the decreased earnings on most of the trunk lines, and now, at

least, the shippers should feel satisfied that freight rates have
reached a sufficiently low point.
For the low rates of the present
winter season the country is chiefly indebted to the Baltimore &
Ohio Railroad, and while those who have merchandise to ship

rejoice in the low lreights, the holders of railroad securities
can hardly
look with satisfaction on such a
damaging competition and such unprofitable prices for transpor¬
may

here and in London

Int.

paid.

For explanation of all
foot notes on 1st page

references
of RIt. Tables.

.2

05 O

Amount
Out¬

Rate

standing.

per

.

L

tSl a!

t

1,806
1,989
1,989
1,989
1,989
1,989
1,989
*1,989
*1,806

*1,806
*1,806

*1,806
*1,806
1,989
2,189
1,989
1.989

1,989

Librarian of Congress, Washington, D. C.J

When B

Where

Bonds, §

Principal,

Payable and

Cent.

Payable.

by Wnom.

3
6

P.

*$1,806
*1,638

BOND LIST.

STOCK AND

[Entered according to act of Congress, in the year 1875 by Wm. B. Dana & Co., in the office of the
^ 221
O
INTEREST OR DIVIDENDS.
DESCRIPTION.
Qi >

Accumlation.
Last Cost of Int.
Princ. and Int.
Price $1,000
per
‘
flat.’ bond. year. 5 y’rs.
110’yrs

In gold.

AND MISCELLANEOUS

Miles
of •
see C’nal

leading

J.& J. *103# *$1,036 *5-76 *$1,343
U. S. bonds of 1881.6’s gold
J.&J. *103#
5-20’s of ’67, 6’s gold...
do.
*1,033 *5 82 *1,343
*996 *5 00 *1,280"
M&.S. *99#
do.
ten-forties, 5’s gold—
118
5-08
J.& J
do.
Pacific issues, 6’s cur...
1,343
1,180
660
N.Y. State Bounty Loans, reg. 7’s J.& J.
105*
1,057
1,410
6.30
N.Y. Cen. & Hud. RR. mortg. 7’s.. J.&J.
111%
1,410
1,113
648
F.&A.
1.085
Cen. of N. J. Mort.b’ds ’90,7’s
108#
1,410
6*79
do.
Consol. 7’s
103#
1,033
1,410
quar.
6-60
J. & J.
Chic. &R’k Isl. 1st m. 7’s
1,410
105#
1,058
975
7.21
Chic.&N. West. lstm. 7’s, 1885... F.&A.
97#
1,410
*685 *1029 *1,410
consol, mort. 7’s gold— J. &D. *68#
do
*832 *7-22
Cen. Pac. 1st in. 6’s gold
*83#
*1,343
*715 *8-45
do
San J. Yal. 1st m. 6’s g.. A.&O.
*1,343
*71#
*725 *8 33 *1 ,343
do Cal.& Oregon 1st m. g’d 6e J. & J.
*72#
*750 *8-00
J.&J.
*75
West. Pac. 1st m. 6’s gold
*1,343
*808 *7'40
J.&J.
*1,343
Un. Pac. lstm. 6’s gold
*80#
921
7 60
A.&O.
do. land grant 7’s
1,410
92#
9 41
853
M.&S.
do.
sink, fund 8’s
85#
1,479
991
7.07
A.&O.
1,410
Pore Wayne 3dm. 7’s
99*
976
7.14
Ohio & Miss. 1st m. consol. 7's.. •T.& J.
1,410
97*
786
8.86
do.
7’s... A.&O.
do
do 2dm.
1,410
78*
*

05

some

figures given in gold

tation.

CANAL

following table shows the prices (“flat”) of

securities, the per cent of interest realized per year on their cost,
and the approximate accumulation of principal and interest in
five years, and in ten years, provided interest was re invested
semi-annually immediately on its payment. In the case of gold
bonds, the price is first reduced to gold and all the subsequent

J. & D.
J. & J.

Philadelphia, office.

REMARKS.

when Due.

Stocks,

last Divi’d.

rANAL>.

Chesapeake A Delaware—stock
1st mortgage (originally $2,800,000)
Chesapeake if: Ohio—stock
Maryland Loan, sinking fund
Guaranteed Sterling Loan
Bonds having next preference

14
14

60
60
148
148
148
148

Registered Bonds
Registered Bonds
Registered Bonds
Debentures, sterling
Debentures, 1873...
.

C-

1372
83
83
103
103
103
103
103

Morris—Stock,'’consolidated

scrip dividend

Pennsylvania—Stock
1st

M.,

50

gold

mortgage

Preferred stock
1st mortgage
2d mortgage
Boat loan
Prelerred stock

1867
1869
1871
1872
1873

327
327
108

by Penn. RR., ($5,000,000)...
Schuylkill Nav— stock, common
guar,

Preferred stock

1,00,1
1,0; 0
1,00)
1,000
1,000
1,000
50

is 62

1,000

i 85 6

:oo
100
1.000

1860
1865
1869

1,000
var.

var.

50

i870

1,000
50
50

....

1st

mortgage (due *872, ext. to 1897)
2d mortgage
Mortgage bonds

1,000
1,000

Common bonds

1,000
l.i'OO
1,000
1,000

1870
1863
1864

Boat and
Boat and

car
car

loan
loan

Busquefumna A Tide If’'ater—Stock
Maryland loan, 2d mortgage
Susqh.Ca al, common bonds, 3d mort...
do
prei. end T. W. priority bds.

45

50
-

Union—stock
1st mortgage

1

■

■

Improvement bonds

50

85

1,880,800
1,997,872

....

do

do

(V IS

June, 1373 Del. City to Chesapeake City, Md.
p. 582.)
July, 1886
This Co. is

8,229,594
2,000,000
4,375,000

Q~J.

6
5
6
4
6
5

1,699,500
50
1 633,350
1,000
800,000
100 20,000,000
1,000
1,500,000
1,000
8,500,000
1,000
5,000,000
3,900.000
1,000
850,000
: i,coo 5,000.000

4S

Monongahela Nav. Co.—stock
1st

i858

1874

upon bonds
.
Lehigh Coal A Navigation—stock
Loan, convertible, coupon, gold
1st mortgage registered
1st mort. registeied, RR
Mort. loan, on equipments &c.,
Loan
do
extern conv. till Dec ,’7I
Consol, mort. loan

var.

25

Delaware Dlvisi07i—stock
1st mortgage
Delaware dk Hudson—stock
*

50

i 856

F.&A.
J. & J.

6 g.

7
7
2

9,390,350
856,000

6 g.
6
6
6 g.
6
6

5,566,277

2,000,000
4,916,500
762,779
692,100
1,000,000
1,003,800
103,000
1,025,000
1,175,000

1870
1890
897.)
1885
Feb. 4,1875 Leased to Lehigh Coal & Nav. Co., at int.
Philadelphia, office
on bonds and 8 p. c. a yr on stock.
do
do
July 1,1878
N. Y., Bk of Commerce. Feb.l, 1875 Stock increased $5,r0U,000 in April, ls73.
Leases Alb. & Susq. and Rens. & Sar
do
do
1877
Railroads.
Endorses $4,000,1:00 bond*
1884
do
do
N. Y. & Canada Railroad.
1891
do
do
(V. 18, p. 4?2,
London.
508.)
July, 1875
N. Y., office, 71 B’way. April, 1878
do
do
1894
Feb.. 1875 Gross receipts
in 1871, $1,932,321 ; ex¬
Philadelphia, office.
do
1894
do
penses, interest and taxes, $1,729,592.
Ex'-ess of receipts, $202,728. Cent. RR.
1884
do
do
of N. J. assumes $2,310,000 of gold loan
do
do
1897
01 1897.
do
1897
do
(V. 18, p. 297, 594.)
do
do
1877
do
1882
do
1911

Balto.,A. Brown*Sons.

London.
Balto.,A. Brown* Sons.

Q.-J.

J. & J.

7
7
7

F.&A.
M. &N.
J. & .1.
J. & J.
J. & J.
A.&O.
J. & J.
Q-M.
M & S.

Q

„

—

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

7
5
6
2
5
6
6

500.000

285,000
236,965
103,161
4,477,150
3,551 000

Pittsburg, office.

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

-

7
7

making good progress towards
meeting its old liabilities. (V. 19, p. 61,

N. Y..N. B’kof Com’ce.
Leh. Val. RR. Co.,Phila.
do
do
do
do
do
do
do
do
do
do

J. & J.

July 1,1887
Feb. 4, 1875 Leased, April, 1870, to Lehigh Valley RR.
for 999 yrs.
Feb. 4,1875
The lessees assuming bds
April, 1876 & scrip & paying 10 p. c , per annum on
pref • 6tock, and l on consol, stock, (v.
April, 19 6
11, p. 714.)
Oct,., 1899
Feb., 1887
-

,

,

J. & J.
F. & A.
F. & A.
M.& S.
J. & J.
J. & J.
J. & J.
M.& N.
M.&N.
M.&N.

Philadelphia office.
Philadelphia, office.

Phlla. & Baltimoie.
do
do

6

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

6

M. &\T.

Philadelphia, office.

6

30c.in
3,131.851! 60c.in
997.343

6

1,714,390
3,990,392
l,i 35,000
46,738
260,000
756,650
6(8,100
2,002,746
1,000,000
1,311,000
325,316
2,907:850
3,000,000

6
6
G
6
6

7

s

8

6
'r

r

-

t

do
do
do
qo

do
do
do
do

do

do
do
do
do
do
do
do
do

-

T

-

Jan.,
May,
May,
May,

1876
1880
1913
1915

Jan., 1885
J «n. 1, 1878
Jan., 1891

do

Gross

receipts 1S74, $516,328; net, $310,142.

July. 1910
Feb. 1,1375 Leased from June 1,1870, to Phil. & Readfor 999 yea-s, at annual rent of $655,000
Feb. 1,1875
March 1897
including certain real and personal pro1882-1907
p *rty conveyed to P. & R. Last an¬
nual report in v. 18, p. 272.)
1895

Leased to P. & Reading RR. for interest
on bonds and half of net earnings.

May 1,1883

MISCELLANEOUS.
DESCRIPTION.

Date Size or Amount
Rate
of
Outpar
For explanation of all references, see Bonds. valuet st’nding. pert
loot-notes on 1st page of Rli Tables.
Cent
Adams Express Co.—stock
Amer. Merchants' Union Ex.—stock,
American coal (Md.)—stock
Amer. Dock <£• Imp. Co.—1st M.,guar.
Atchison Bridge, 1-t mort.. guar
Atlantic A Pacific Telegraph - stock.
Boston Water Power

-

-

Mortgage bonds (for $2,8(X),000)

t

-

Gary Improvement Co.—stock
Consolidation Coal <if Md.—stock
1st mort. (convertible)
1st

M., coneol.,

10
100

....

1361
1372
1852
1369

conv

Cumberland coal and I.—1st mort..
do
do
2d mortgage
Cumberland Coal & Iron Co—Stock
Dunleith A Dubuque Bridge—bds s.f..
Ills. A St. Louis Bridge— 1st M.coup

1,000

1,000

1,000
10)
1.000

....

1863
1871

2d mortgage, coupon
..
3d mortgage, coupon (lor $3,000,000)
St. Louis 1 unnel Rli—1st mor.. sterl
Louisville Bridge—bonds
.

ioo

Prefeire

i

stock

10,000,000
5,000,000
4,400,000

100
100
100
100

Maryland Coal—Btock
New Cental Coal ( vd)

Pullman Palace Car—Sir ck

ioo

5,000,000
20,000,000
4.000,000
512,500
4; (’0.00)

Quicksilver Mining Co.—Com. stock.

100

....

6g.

5,708,700
1,000,mo

50
10

1,250.000
1 000,000
6 300,000

Pacific Mail Steamship Co.—stock....
Pennsylonia Coal—stock
1st mortgage bonds
Preferred stock
2d mortgage.gold

Spring Mountain Coal.—stock,

50

„

...

m

Western Union Telegraph—stock
1« mortgage
Real estate bonds,gold, smk. fund
New mortgage, gold (for $5,000,000)




„

guar.

Spruce Hill Coal.—stock
United States Express—stock
Wells, Fargo A Co. Express—stock...

Wilkesbarre Coal.

,

„

..

t

_

,

,

*

100
.

f

„

•

100
100
■

1872
1875
....

5,000,000
41,073.410
4,413,900
1,498,1X10

'*

*

*

®

t

r

r

t

ioo

3,400,000

$107.5°"-0.

7

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

6
6
6
6

8

7g.
7g.
7g.
9

•

•

„

M.&N.
A. & O.
J. & J.
M. & S
J. & J.
J.& D.

.

N.

Y., Gilman, Son & Co

Latest litigation
639.

Q-F.

7

F.& A.

3

Q-F.
-

-

.

,

•

A

7

*

*

*

See election and brief renort In Chronicle, V.
p. 247; also V. 19, 534 ; V. 20, p. 141.

r

.

•

-

Q-F.

J. & J.

Q-J.

7g.

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

5

M.& N.

18.

1879
N.Y., E. keilv & Co.
Phila., Lehigh Val. RR. Dee. 1C, 1874 Guar. 7 per year till 18S4,by Lehigh Val. RR.

j. & .r.
j. & j.

•

2
4

noticed in Chronicle, V. 19, p.

Chronicle (v. 15. p. 523.. v. 16, p. 325.)
Sept., 1869 See V. 19, p. S5i, 584, C40; V. 20, p. 141, 162,163.
N. Y., Ill Broadway.
Feb., 1875
do
do
Aug. 1,1581
N. Y., f arm. L. & T. Co Feb. 15, 1875
•

5

_

Feb.l, 1875.

1#
3
5

7g.

16, p. 765

_

.

.

;

Boston, office.
Jan. 9,1869
N.Y. Co's office. 71 B’y. Jan. 3,1875
P<
do
J an.,1885
held to retire old bonds.
do
A review at some
do
do
Jan. 1. 1897
length of the annual report of ;873 is given in
do
do
1879
Chronicle. V. 18, p. 4S0, showing gross receipts
do
do
of $3,310,708, and wo'king expenses. $2,504,373.
Feb., 1879
Guarantees also bonds of the Cumb. & Pa. RR.
do
do
Oct. 15, 1874
N. Y. by Ill. Cent. R.R.
Nov., 1893
1900
Total value of property about $13,000,000. The 1st
and London
New York
do
do
mort. bonds have a sinking fund of $55,OX) per
July 1. 1901
do
do
Mrch l, 1886
year. The Tunnel RR. bonus are redeemed an¬
Lond.. J.S.Morgan&Co Jan. 1, 1888
nually, from $6U.0)O in 1877 up to $197,000 in 1888.

,

„

295 , 504

...»

6

1,000

Last Divi’d.

.

January.

4,491.300

100

J. & D.

7

„

REMARKS.

Due,

Stocks,

1872
Leases Franklin. (V. 19, p. 502, 633, 639.)
Boston Office.
Nov. 12. 1872 See CnRONiCLE, V. 17, p. 596; V. 18, p. 190,
V 20. p. 85.
1st coup due Dec., 1875.
Chronicle, Vol. 14, p.796; V. 15, p. 19; V.
828 ; v. 17 p. 21.

H.

#

by Whom.

Principal,
When

.

3,912,000
2,000.0)0
O')
£250,000

1,1 '00
1.1 00
£200

Mariposa Land A Mining Co.—stock.,

4

.

480,000

1,000

1871
1-74
1873

60c

7

Payable and

N. Y., Bank of N. Y.
iM’ch 1, 1875 Chronicle, V. 19, p. 270.
do
Jan. 2, 1875
do
New York, office.
M’ch 10, 1875 Gross receipts 1674, $933,449; net,
N. Y.. Cent. RR. of N.J.

l()s.

10,250,000
459,000
1,250,000
217,000
493,1)00
500,000

16#

i873

Payable.

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

3

55,000shs.

100
100
l.ouo

Where

Q.-M.

1,500,000
i 3,000,00)
1,200,000
10; 0:000
4,000,000
1,60) 000
731,250
2,500,0 -0
1,383,000

-

1874

Canton Improvement Co.—stock
Bonds for $5,00‘),000. gold
Union R.R. bonds guaranteed

13.000.000

1,000

r

2
3

10,000.000

100
100
25

I NTEREST.

When

.

1

••

•

New York office.
Feb. 1, 1975
Jau. 15, 1875
New York office.
Jan. 15,1875 The Co. holds $7,237,735 of their stock. New mort¬
New York, officeN. Y., Bank of N.Y.
Nov., 1875
gage of 1875 is to retire bonds falling due in Not.
faee annual report, V. 19, p. 899; also, p. 19, 241,
N. Y. Union Trust Co.
May, 1902
617; Y. 20, p. 77,155.

Philadelphia.

Nov.

1869

February 27, 1875.1

207

CHRONICLE.

THE

SECURITIES.

STATE

f Entered according to act of Congress, in the year 1875, by Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.]
Subscribers

wifi confer

Date
£Size or i Amount
of
Outpar
Bonds. Value* s t’nding.

DESCRIPTION.

foot-notes.

For explanations see

Alabama :
State bonds, due in 1872 &

.

do
do

do

•.

— —

loO&c
100&C

473,800
688.000

6g.

64,800
82,500
648,000
877,7tX)

5g.

1872
1813

—

1874

....

1869-70

Funding bonds of 1869 & 1870....
Levee bonds (or warrants)
Old unfunded debt, including int
Ten year bonds for deficiencies..
New bonds (for $2,500,000)

1871

1838-39
1S72
1875

Floating debt
To Memphis & Little Reck RR..

5

'..

185,000
341,000

1,000
100&C

1,460,000
2,123.086
300,000
(?)
800,000
1,200,000
900,000
1,200,000
600,060
1,100,000

....

....

....

*

.

1,000
1,000
1,000
1,000
1,000
100&C
500&C
500&C

507,000
101,500
110,(XX)
500,(XX)
1,497,000

1,000
1,0 0
1,000

1,318,500

1U0&C

1,741,100

500 iC

4,000,000
790,000

50&C
1U0&C

1872

8,003,000
2,250.0001
100,000

50&C
l.OlO

152.400
485.000

1864
1865

§^

currencj

do

100&C

1872
1S73
U71
1872

> c-.i

500&C

Funding oonds (U. S. guaranty)...
Washington funding, gold
Chicago relief
Market House
Potomac Water

’71- 73

Corporation of Washington
Corporation of Georgetown

207,000
877,000
568,500

3

Due School fund
State bonds

Consol.gold bonds
Loan to J., P. & Mob.RR
Georgia :

1871
1873
1870

.'

.

.

1,000
1,000

1848

.

Western & Atlantic RR. bonds
Atlantic & Gulf RIi. bonds

1,000

1866
1870
1870
1872
1873
00

.

.

.

.

$1,200,000.).

.

i'°°

^

Jr
Brunswick & Albany RR
nois:

4,000,000

....

)

Military loan

.

r.

Bonds in aid of various railroads.
Levee bonds
do
do
Bonds funding coupons
:—

a-

f*

r

J. & J.
do
do
do
do

7g.
'ig7g.
7g.

Union Trust Co.
do
do
do
do

do
do
do
do

Sacramento, Treasury.
do
do
do
do

do
do
do
do

do
do
do

do
do

J. & J.
Var.

Q-J.

do

G&7
-

....

#

7

J. & J.
J. & J.

6g.8g.
6&7

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

N.Y. Imp. & Tr. Nat.
do
do

Bk.

N. Y„4th Nat’l
do
do
do
do

*7

j.’&’d.

N.

940.445

J. & J.

320,000
28,000
86,000
61,600
250,000

6
6
6
6
6
6

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

910.000

7&S

....

Jo

do
do

..

’61-’69
’61 -’69
1864-69
1853

1866
1866
1870
1870

y.

1869

e

1870
1869
1869
1818
1857
1870
1871
1874

..

..

do

..

..

to N. ()., Mob. & Chat,
to N. O., Mob. & Texas RR
do
Consolidated funding bonds
Maine—Civil loan bonds
1 ay
7
..

.

.

-

“

j

Bounty do

r

ao

Municipal, W=»r Debt assumed j
Maryland— Balt,&< diio RR ,ster
Onio Canal, st’g.

Susq. & Tide Water Canal

c

g.
..

..

Railroads and canals
Eastern Shore RR
:
Baltimore it Sutq.RR

5,000

6
4

Q-J.

Bank
do
do

N.Y.,Lond.oi Frank.
New York.

’51-’61
1863
1863

1864
1868
1838

750,(XX)

1,8:30,000
1,000 .(XX)
4,000,000
2,960, (XX)

500
100&C

965,300

1,000
1,000

2 0,000

1,000

134, (XX)

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

2.950, (XX)
480,(XX)
516,(XX)

80,(XX)
500,000

576,000
665,(XX)
875,000
2,500.(00

1 000

1,000
1,000
500&C
500&C
1,000
500&C
100&C

118,000
525,000

Balt. &

Susquehanna Rli
Annapolis & Elkridge RR

..

..

Defense Bounty .Loan
Deaf and cuinu Asylum Loan.
Md. Hospital loan, 10-15 years

Maryland State Loan

..

..

..

.)
..

..

:

..

..

Bounty Fund Loan
Bounty Fund Loan

..

..

do
do
sterling.
War Loan, sterling

..

..

?.

home

..

g.
..

do
dollar 1
do
Southern Vermont RR, Loan

s.

1839
1839
186.8
1871
1873
1873

1857
’61-’62
1S61
1862
1863
1863
1864

1864
1869

lg

Harbor Land Improvement (5-2l>s).
Danvers Lunatic llospi al...

..

-

*

-

-

’68-’69
1874

og

5g

3,072.083
100,(XX)
330,000

r

100 &c

^69,056

1*666

50,000
220,000

500

1,000
1,000
1,000

1,850,000

1,000

200,000
4,379,500
4 .(XX ,744

600.000
888 (XK)

500&C

£100&C

.

!£100

1857

5g

62 615

200 &c

1,000
5,(XX)
1.000
£2 0

1,000
1,000

.

999.944
554 ISO

966,500
2,952,400
.

5,598,912
700.000
200,(XX)
400, POO

3,599,024
4(

0,000
650.01X)

Governor




that

the
In

levee

'(Min

1877
1880
1383

The debt is being reduced br a slnklDg Iund.
The State holds in trust for School and Univer¬

July, 1886
Oct., 1890

Y.,4th Nat’l Bank.

Dec.,’i 890

Ex. Bank.

Jan., 1878

'

do
do

Various

do
do

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

do

Assessed'value of property in 1874. $273,000,000.
Rate oi tax. 4 mills. Legislature declared void
the semi-annual gold bonds of 1870, and $120,000
of the quarterly bonds held by H. Clews & Co.;
the B. & A. bonds, $1,500,000; and the following
RR. endorsements,viz:Brunswick & Alb.,$3,800-

000, Bainbr., C. & C.. $600,000. Cherokee Val..
$300.( 00, ( artersville & V., $275,000. Review of
State finances, V. 20, p. 83; see also.V. 19, p. Ill,
350,3.5.)

The debt has been rapidly reduced of late years.
The assessment ot a11 property in 1874 is $1,101,013 463. The total amount of municipal bonds
registered with State was $15,433,884; tne Court;
decided against the Staie paying interest for
municipalities. (V. 18, p. 190; V. 19, p. 15,38, 526.)

after 1881

New York.

Quarter. Baltimore, State Agent.

5
5
3
6
6
6
6
6
6
6

A.&O.

Quarter.
J. & J.

Quarter.
A.&O.
J. & J.
do

J. & J.
j. &’b.
M.&N.
J. & J.

eg
5g
6g
5g
5g
5g
5g

do
do
do

M.&N.
do
5g
J. & J.
5g
r>g A. & O
do
5g
do
5g
J.&J.
5g
do
5g
5g A.&O.
6g J.&J.
do
5g
do
5g
.

.

5

May. 1874

’79-’80-’l-’6

Reai and personal property abont $35,000,000; tax
rate, 7 mills. Loan to J. P. & M. RR., Is secured
by mortgage on road.
Comptroller’s report on
State finances in V. 20. p. 161.
(V. 16, p. 387; V.
17, p. 19,323; V.20, p. 161 )

1876
1875

Taxable valuation $981 ,?61,«21. Tax rate, lfc
Also $262,000 old debt yet out.
Wabash
debt is in litigation
(V. 19, p. 493, 5‘26.)
The valuation of real and personal property

do

do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do

Boston, Treasury.
do
do
do
do
do
do

do
do
do
do
do
do

London, Baring Bros.
London, Baring Bros.

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

Boston, Treasury.
do

do
do

ao

London, Baring Bros.
Boston, Treasury.
do

1897

July 1,1910
April, 1911

mills.
Canal
in 1874

1914
1875-18

only continued in small amounts, as money was
received from tax collectors. (V. 17, p. 19, 51. 829;
V. IS, p. 62. 87, 143. 162, 85U. 502,326, 601, 606; V. 19,
p. 117, 167,184 ; V. 20, p. 78, 83.)

uan..

Mar., 1883
Aug., 1880
June, 1889
Oct., 1898
1890
1890.
1865
1880 & 1890

1890
1890
1885
1890
1890
1875 & 1893
1
$85

Thesinklng funds Jan., 1874, were $1,255,746. Valua
tion of tidal taxables in 1874, $250,000,000. Tax
rate in 1573, 5 mills.
Governor’s message on
finances in Chronicle, V. 18, p. 03.
The assessed valuation of property in 1873 was
$424,672,712, on which the rate ,of taxation was 17
cents per $100; incoma from dividends on rail

road, canal and other stocks owned by the Sta \e
$133,955.
The State has largely assiste d
canals and railroads, and holds $4,455,464 of stocks
and bonds of solvent companies, besides $66,579
in the sinking
fund, leaving ouiy $6,219,172 of
debt, without any offset; the State also holds
$21,608,094 in unproductive securities. Comptrol¬
ler’s report in v. 18, p. 63.

was

April ,1882-87

June’,

1877

May, 1880
July, ’75-’76

July, ’77-’78

July, 1883
July, 1881
May, 1894
May, 1394
July, 1389
Oct., ’88-’90
April, ’90-’91
April, 1888
July, 1891
July, ’9i-’J4

April, 1890
July. 1877
J., 1900
July, 1894
July. 1894

J.&

By a

law of 1862 all interest on

the debt

ot

Massachusetts is paid in coin, excepting on the
temporary loans. During 1873 debt was increased
$78^,100. The, sinking lunds in Jan., 1874, were
as follows : Almshouse, $41,918 ; debt extinguish¬
ment iund,
fund loan,

$244,026; Back Bay, $220,000; Union
$2,750,005; coast defense, $506,977 ;

bounty iund, $3,022,170; harbor laud iroprove-

turned for taxation in
in
savings banks,

1873, $1,760,429,990; deposits

$‘202,195,343;

corporation

property (above real estate and machinery)
$90,938,561.
The loan to Boston, Hartford & Erie
R.R. is secured by deposit of $4,000,000 “ Berdell
mort. b..lids.
Total rial and personal property
1 871. $1,831,601,165
(V. 18, p. 63; V. 19, p. U7.)

value.—This column shows the several sizes or denominations! a wnicn eaoh Issue of nonus is mane.
t When Payable.—T. & .i. stands for .lan. & July; F. & A., Feb. & Aug.: M. &$ ., March & Sept.; A. & O., April & Oct.; M. & N., May & Nov.;
Q.—J., quarterly from Jan.; Q.—F., auarterly Iron; February Q.—M,, quarterly from Marcn.
% Remarks.—Figures in brackets at the end of remarks, in any case, refer to thn volume and page of CaaoNtotLS, containing fuller Information.
or par

decided

April, 1900

1892

J. & J. N.Y., Winslow, L. & Co.
A.& O.
N. Y. & New Orleans.
J. & J.
Various.
Augusta and Boston.
M. & S.
Boston, Suffolk Bank.
do
do
do
F. & A.
do
do
do
J. & 1).
A. & O.
Augusta and Boston.
J. & J.
London, Baring Bros.
do
do
do
do
do
do

5&6

760,300
156,675
31,069
269,000
529,785
298,435

-

lv68
I860

..

-

the

bonds could not be received for taxes. A new
law of 1S75 authorizes $2,500,000 of bonds to pay
floating debt and State government expenses.
(V. IS. p. 350: V. 19, p. 167, 189. 637; V. 20, p. y,
139. 161.)

1899
1900
1900

Apl,l.’75to’86

Various. N.O., Citiz’ns’ Bk of La.
8
8
7

2,650,833

’6L’63
1871
1873-4

8

2,712,222

£200
£200&C
500& c

’58-’61

7.30

2,832,500
3,084,400

1839

184-’9

Dec., 1871,

1883-’84
was $128,91*!,519; tax rate, 6 mills,
July
State funds
N.Y., Donnell, L. & Co.
1876-’99
hold $635,125 of the bonds. (V. 20, p. 14.)
do
do
do
J. & J.
9
do
do
do
de
J. & J.
N. O..La. Nat. Bank.
July, 1893 A constitutional amendment, Dec. 15,1670, limited
’72 to 1906
the total debt to $25,000,000. Direct debt, Jan. 1,
do
do
Various.
do
1886
do
do
do
do
1874, was $22,433,800; contingent debt, $5,483,602;
M. & N. N.Y., Winslow, L. & Co. May 1, 1907
temporary $2.074,S80; total outstanding, $29,991.March 1,1875
782. It was decided that bonds authorized pre¬
do
do
do
M. & S.
1886 & ’88
vious to the amendment might be issued. The
J. & J.
N. O., La. Nat. Bank.
funding bill of Jan. 24. 1874, scaling the debt
do
do
do
M.& S.
Sept., 1906
Jan. 1,1890
down to 60 percent of tl e faee value (see V. 18.
do
do
do
J. & J.
Jan. 1, 1890
do
do
do
do
Total
p. 81) has rot yet made much progress.
real and personal property in 1878 assessed at
M. & S. N.Y., Winslow. L.& Co. March 1,1909
do
& N.
do
do
of State taxation, in 1873, 21
M.
$228,666 653. Rate
May. 1910
1S99
mills. In June, 1674, payment was commenced in
M. & S.
N. O., La. Nat. Bank.
1909
N. O. oi inteiestdue up to Jan., 1874, but waB
A. & O. N.Y., Winslow, L. & Co.

6
6
6
6

475 .(XX)

1838
1835

r

Chesapeake & Ohio canal

6
7
7
6
6
8
6
8
6
6
8
8
7
6

346,000

six’)

A. & O.
Various.

6

101,775
889,(XX)

....

..

do
do

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

3,904,783
100&C
100&C

est. By the last assessment for 1872 and 1873
total valuation of property was $104,972,829.

1882

Jan. J, 1903

N.Y., Duncan, S. & Co.

1,500,000

1,000

Rate of taxation. 5 mills. Unfunded debt is mostly
held by U. S. The State is in default for inter¬

-1885

A. & O.

l’,666

1899
1900

sity Funds the $530,000 Capitol bonds and
$1,828,000 of bonds 1373. Total valuation of
property, 1874, over $600,000,000 Tax rate. 50 cents
1893
per $100. (V. 18, p. 247, 605 ; V. 19, p. 3 of adv’ts;
V. 19, p. 32.)
6
J. & J.
Debt has been reduced since 1866 from $10,000,000
Hartford, Treasury.
July, 1881
6
do
do
do
to present figures, by sinking fund purchases.
Jan., 1883
6
do
do
do
The 1861 bonds are payable at pleasure since July.
Jan., 1884
6
A. & O.
do
do
Oct., 1894
1871, and those of 1864 after Oct., 1874. Assessed
6
do
do
do
value of real and personal property, March, 1874.
Oct., 1885
$348,855,457 : rate of taxation, 1 mill. (V.18. p,453.)
6g. J. & J. N. Y. 1st Nation’l Bank July 1,1891 The whole funded debt, by Commissioner’s re¬
7
J. & J.
do
do
July !, 1891
port, is £15,742,667. (V. 19. p. 687.) Certificates
365
F. A A.
do
do
Aug. 1, 1924
chargeable on special assessm’ts about $1,616,000.
Var.
1892
N. Y. & Washington.
The total assessed valuation of the District in
6g.
7
J. & J.
Jan. 1,1877
1874 was $98,231,000. (V. 19, p. 15, 61,142, 180, 477,
Wasnington, D. C.
7 ' J. & J.
do
do
637; V. 20, p.83.;

7
8

1,000
1,000
1,000

..

'Mze,

®

A. & O. N. Y.,
do
do
do
do
do
do
do
do

307,500
858,750
7,545,900

...

.

do
do

....

•

7
7
7
7
7

250&C

1,000

.

do
do

«

Co.

A. & O.

100&C

is7l

Kansas:

Back Bay Lands Loan
Union Fund Loan
do
do
Coast Defense Loan

do

7g.
7g.

i,666
,

1873

New bonds temporary loan
School fund bouds(non-nego

<v

do

2,700,000
1,880,030

Indiana:

Chesaneake

do

1,000
1,000

1847

.

).

do

.

.

N. Y., Union Trust

i

Interest bonds, inscribed stock...,
Refunded stock bonds
Normal University bonds
Thornton loan bonds.
War bonds

do

• •• •
.

1889

N. Y. Un. Trust Co.

50O&C

500

r

do
do
do
do
do
do

....

ain’r. of direct bonds have thus been issued. The
Alabama & Chattanooga Railroad wai offered
for sale In May. 1874 but sale postponed to July
6, and then bids were not no to the minimum
price ; it is noticed for sale again, March 8, 1375.
State interest in default from January. 1874.
(V. 18, p. 87, 601, 629 ; V. 19, p. 637 ; V. 20. p. 139.)

Jan., 1892

•

7

was passed in December, 1874, appointing
Commissioners to “take charge ot and ascertain,
liquidate and adjust," the legal liabilities of the
State on its bends, See Chronicle, V. 19. p 687:
V. 20, p. 139. A law was passed in April, 1673.
offering $1,000 of direct State bonds for every
$4,000 of endorsed railroad bonds, and a limited

1893
1893

237,500
600,000
3,900,000

-

Bonds, act of March 12, 1866
Bonds, act Sept., ’70, gold
Bonds, act Oct., ’70, gold
Bonds of 1872
Bonds for funding (for
Railroad endorsements

312,522
262,045
850,000
50.;, 200

.

.

•

1,500.000 5,6,7-3
6
252,317

....

Florida :

•

1886
1886
1888

New York.
do

J. & J.
J. & J.

7

1890

1886
1886

....

6

May, 1892
May, 1886
May, 1886
ue.

do
do

J. & J.

••

3,050,000

'

....

8
8
8

1,026.415

1863
1864

non-taxable, 20 yr.. J o C
District of Columbia:
Permanent imp’t, gld, coup.or reg

.

2,000,000
•••

•

1S61

I

,

.2,751.00(1
300,000

1873

20 year
10-30 vear

8
8
8
B
7

65V.000

1,000
1,0(0

1870-72

1S73

Connecticut:
War bonds, 10-20 year
4o
20 year

6g.
5gi

0,000

1,000

1857
1860

fund, gold

Soldiers’ relief bonds
State canitol bonds

do

100&C
ioo&c

a

To Arkansas Central RR
California :

do
do
do

,

„

1869
1870
1870
1870
1870

R., Pine Bluff & N.

of

„

2,806,378

Arkansan :

Bonds

;

’70- 71
1870
1870

Loan to Ala. & Chattanooga RR—
State ctfs and Auditor’s warrants...

do

....

—

Railroad bond indorsements
Loan i o Mont. & Eufala lilt

Civil bonds, sinking

New York.
do
do
London. Union Bk.
do
do
do
New York.
do
do

5
5
5

New 8 p. c. loan

To L.

I d. & N.
do
do
June 1.
J. & J.
do
do
do
do
do
M. & S.
J. & J.

REMARKS.*

by Whom.

x

$168,000
1,941, OCX)

1868

New 7 per cev;t loan
Educational Fund Debt

Principal,

Where Payable and

■**ayablet

per
(. Jent.

100&C

do
do

When

1866
1870
1866
1866
1867
1866

;

New bonds

Rate

18T2
1866

Sterling bonds of 1850, extended....
Sterling bonds, extended
ao

INTEREST.
_

A bill

,

extended

extended
do

do
do-

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

a

J. & D., June & Dec,

STATE
sjreat favor by giving us

DESCRIPTION.

Date

S

ze or

ot

For explanation of all references
foot notes on preceding page.

see

1858
1863
1865
1359

Re ewal Loan Ponds
Two Million Loan .,
War Bounty Bonds
Ste Marie Canal Bonds
Minnesota:
State Building Loan
•••• •••
do
do
do
do
do
do coupon
Railroad Bonds(not recognized).

1867
1868
1869
1873
1858

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

’59-6)
’54-9
’53-9
’57-66
’56-61
1874
’53-7
lb7l

1,000

renewal.
.

1861
1864
1872
18 73

7
6
6
6

do
do
do
do

160,000

10

M. & S.

1,0:'0
1,000
100&C

418,000
600,000
2,206,100

ioj&c

500.000

6
6
6
6

J. & J.
M. & S.
J. & J.
j. &;j.

!00&e
100* C

1,000,900

6
6
6

J. & J.
do
do
J. & J.
do
do
do
do
do

luo.vc

1827-3
1343
1818
1843

1872
1873
1873

I

i K3 {

Comptroller’s bds (by Rev. Stat s)

1,000
1866
1868
1867
1868

Reglst’d certificates of literary fund
Penitentiary bonds, act Aug. 21, ’68.
Soecial tax bonds

1850
1310
1860
1856

Ohio—Regtst’d loan,payable after 1870
1815

June, 1881.
do 1886.

Oregon:
Bounty bonds
Willamette Canal and Lock

Pennsylvania— Inclined plane loan
Coupon loau, April 2 (128,000 reg.)..
do
do

do

May 4

Register’d do do
Coupon loan of April 19 ($35,000 reg)
Stock loan of Feb. 2 (registered)...
do
do
do
do
do

do
do
do
do
do

do

(cp. & reg.)...
(registt-.re i)...
(cp. & reg.)

(registered)....
Chambersburg ctfs, May 21, (*eg.).
Agricultural College laud tcr.p.,

100&C
1UJAC

6
6
6
6
6
6
6
6

I,711,100
383.045

i',666
1.000
100&C
ioo* c
100* c
10U&C

1870
1849
1852
1-52
1852
1852
1853
1867
1867
1867
1867
1867
1867

4

(,000
II,107,<RR)
147,18b
l,5-"',iiu0
4,073,817

2,400,000

1,000

396,0,H)

1 000
1 ,(k*0

87,000
2.867.0(H)
4: '0,500
273,000
1,256,4 0
92,350
7.890.550
90,400
9,271,850

do

South Carolina—State stock

1st issue
2d
do
8 1
do
4th do
5tli do

...

.

50* C
50* C
50* C
50* C
50&C
50* C

Payment of interest
Fuudmg bank b.lls

Conversion bonds an stock ....
Land com n ssion bonds
Fire loan bonds, sterling
do
stock, dome-tic
Bonds—Relief State Tr asury..
Consol, bond-, or coupon-..... .
do
stock
Railroad endorsements.

723,9)0
>2,;6i
50.1.000

State debt proper—

188 -85

var.

12* 0)1

var.

245,700

var.

21o,:07
123,175

: .i co
50*c

287,000

1.000
500* c
500* c
500* C

var.

.1,666

1,3.5,'K) l
1(1,084
4,7 *7,t;0S

3

4,083.991

do

Feb

5 &
6

'

do

i 1882
April, 1393
July, 1893
August, 1894

■

created for war purposes and is being
diminished. The valuation of real and
personal property, Apiil, 1873, $247,798,580. aud

steadily

conversion bonds to
In accordance wiih thio

July 1, ’75-79
July 1,1888
July 1, 1888
July 1,1889
July 1,183 ■
July 1,1868
July 1,1868
1838

July 1, 1893
July 1,1893

1," 1914

The law

1873, atier deamounting
ler esti¬
due
from rail oads then sold, $2,878,520; Indorsed
bonds that will pay in erest, $2,172,000, and Inter¬
est, $260,640 ; balance revenue due, Jan. 1, «<3»
$1.319 234. A lat. r statement of all the items is
given m Gov. Brown’s li tter, V. 19 p. 167 Totw
valuation of red estate ab'<ut $320.0'(.<00. The
rate of taxation is 40 cts on the $100, but aiax
is laid on otliei sources of revenue.
(V.18, p. i«»
217. 350. 497; V.19,p. 167 ; V. 20, p. 14.84. .’61.)

report of°the

2,172,000

□O

1900

.1900

^ C fr l>
>

W

t,

.

C

j)

<-0^0

75.i 00

term, notes..

190)

U-

t->

3,219.690
4.59-*.085

1868

1892

°

03a-c
—1

<u r

c v ©

47*5,831
300 IK) i

Loan account

Texas—Funding Sta e debt
Frontier defence, gold
Deficiency bds.act. 1871
B >nds, a t Dec., 1371 (for $1.9T0.0eU)
University and School bo ds.. ....
Vermont—War loan bonds, coupon...
"O
do
registered
Vrginia—Old bonds, coupon

registered

1866*71
1870
1871

1862
500* c
50b* e
1 62
1351-6 50P&C >
1851-61
var.)
£100*
1851
500 )
1866-67
1866-67
var. )
1367
£100
u* &c
1371
1871
100&C
100 v o
1872
1872
ioo&c
ly71
var.
187t
var.

sterling
Funded bonds coupon
do
do registered
do
do sterling coupon
Consol.(Act’71) coupon, receivable
reg.. conv.
do
do
do
do
(Act ’72), coup-1 otree’able
do
Ho
reg
do
Deferred certificates (W. Va.)
Interest on sterling
bt, funded..
rd interest. 71to*74
Certificates lor one...

1,0 1)
1,000
1,000

199,600
'1,000

6

4

7g

'

257.1 H)1

10

1,600 (XH)
7g.
537,007 5*6

J. & J.
M ,<v S.
M. & S.
J. & J.

114 (RR)

6

J.&D.

16J,(RX)

6

do

6

J.& J.

(

*7,562,652 l 6
1,3155,000

5

"7(H),('00

U

466,250
17,23:, 100
2,957,415

5
6
6

1.412 < 00

6

1,('30.784

6
6

15.231.370

212,61«

1,828,724

do
do
do
do
do
do
do
do
do
do
do

become due before

Co > ptroller, .ian.,

dueling bonds paid in by railroads
aitogetner to $12 232,796.
i be Comntro
mated debt of solvent railroads, $3,953,3'*,.

Ih

1,000

,...j

provided for fund¬

outstanding, legally i-sued bonds, due or
Jan. 1.1&74, as w ell as all
pa-toue coupons, and coupons maturing on or
before Jan. 1. 1874. in a!0-40year 6 percent bona.
Interest win resumed July, 1 74. The total uebt
here given is substantially, according to the last
to

r
4-

0,

passed in March, 1873,

ing all

» a 2

15,767,922

12

of

1868-93
1893
1870-73
1892
1869-92

a

been
this ’able, omitting,
he total
$6,16-.441.
valuation of

law $1,987,i69 lias

ed to Oct. 31. 1874. '1 lie State treasurers
report gives the debt as in
of course, the debt not, recognized. '•
.lebt when fun ied will amount to
F oat ng debt is $2,679,292. Total
ell property, $176,956,502.
Rate
taxation,
mills.
(V. 49, p. 33; V,2U, p.34.)

fun

July 1, ’37-97

u ‘A

,,

Dec. 22,18*3. provides
debt by giving new bonds
and d. clares-void the
the amount of $3.965,0t)9.

Julv 1,’82-SG
1871-80

>>
a *-*

C

•'

64, 398.)

Debt was all

July 1, ’83-85
July 1, ’87-89

we.

c

p.

tax oi 20 cents on $100At pleasure. Tin* funding lawanpioved
for scaling down the old
Jan. 1,1877
to extent of 50 per cent,
Jan. 1,1883

cs

u

18?2
1.877
1877
1882
1882
1876

March

July

a1*.

1872

,

Feb.,
Feb.,
Feb.,
Feb.,
Feb.,
June,

_

735,553
1,000

do

Columbia.
O dum & Fi c l Ag.N.Y
New York or Columbia,
do
do

o
°

for
princi¬
Taxes
levied on
personal property, which was assessed in 1873
at $165,362,443. and the tax was $549,610. Fjrnded
debt diminished in 1874. $1,230,186. BalaWe in
Treasury at close of fiscal year, $1,054,551. State
bolds $lV754,821 in stocks and $9,000,000oi railroad
bonds. Interest is paid in gold on all loans prior
to 1867.
Any coupon bonds may be changed to
registered. The bonds due in 1877 are payable at
any time till 1382; those of 1382 till 1892. (V. 18,

Aug., 1878

do
do
do
London.

6

sinking funds. Taxa¬

do

do
do
do
do
do

582.

was

2K mills and

The (.ebt Is provided for by
ble property, 1F72, $37,174,169. . \
tax
Relief bonds and 1 mill for Bounty bonds.
Revenue is raised from numerous sources,
are
pal 1 v from corporations.

Aug., 1877

do
do

^
w

Treasury warrants




do

$1,530,374,321. The State tax was
local taxes high.

mill

April, 1879
July, 1882

do
do
do
do

^ r

Governor’s Message on finances, V. 19, p.
The total valuation of property iu 1874

18:5
1880

do

,

do
do

do

Columbia, Treasury.
Columbia & N. Y.

<-«

Hooting debt— Bk of

do
do

0) Z.

I

t v e a

’6‘
’73

’98-’99

Jan., 1871
Jan., 1S76
July, 1881
Jan., 1887

Ex. Bank,

do
do
do
do
do
do
do
do
do
do
do

f 5 & 5*.

186 i

Oct., 1898

Treasury.

v*

a>—,
xs •

Green Issue, no letter
Bds to fund iut. on abo e to Jan.,
int. due on all bds estiin’d to Jan

Indefinite.

J. & J.

•1,000,000

assessed in 1872 at
paid on bonds
State holds
$3,000,2(0 stock and receives dividends tlieieon,
Other interest in default. (Vol. 17, p. 246, 595.
691, 803; V. 18, p. 166, 62); V. 20, p. 84, 161.)

Jan., 1900
Oct., 1898

do
do
do
do
do
>
do
Columbia & N. Y.

7
6
G

6:6,(RR)
var.

1S73

Hermitage purchase bds
ZS £3 35
State < apitol stock
1866
Bds to fund iut. on above to Jan, ’66
Railroad debt—
Bon is end’rsed for railroads'
Bonds loaned to RR.’s, old..
Bds is-ued to RR.’s since ’t6 —
1866-67
Green issue, no letter
’67-’S-’9
Ne'r serie-, letter B
1868-69
do
not 1 ttcred

Chronicle,

Columbia, St. Treas.

6g.
5g.
6g.

292,611

5w '

—
weg

Bank T nn. stock
Railroad stocks

.July 1, 1891

do
do
do
do
do
do
do
do
do
do
do

6g.
)’gt
6g.
6g.
6g.

o-

|

Turnpike road stocks

1.0 0
1 000

884,113
8i'7,(HH)
36 ,000
817,000
1.104.550
1,470,300
261,(HR)
481,944

1877

Oct. 1,1892
On demand.
Extract from Treasurer’s report In
’68-’98
do
V. 20. p. 84.
Total property
do
$123,50i.628, a low valuation. Int. is
issued to N.C. Railroad ($2,744,090) as
do

Phila., Farm. & M. B’k.

6

var.

Indian annuities. See
60. The
$3,619,570.
in 1874
by the Board of Equalization, $ 1,751',698 918;
of
personal, $418.60^,955 : total, $2,164,307,873;
value
actual
esthnated to be $4,163.3)0,757.
Tax rate in 1874. 7«
mills. Tne local debts
of cities in New York State are $137,539,609;
of counties, $46,685264, and towns, $25,140,18i.
(V. 18, p. 63. 502; V. 19, p. 830; V. 20, pp. 23, U).)

Jan. 1,1883

New York,
do

do
do

Is payable,

There is also $63,(RR) contlngt
$7,361 per aimum for
financial report in Chronicle, v. 20, p.
debt nominally decreased in 1873-'.4,
Assessed valuation of real
property

July, 18S7

Raleigh, Treasury.

3g.
6g.
6g.
6g.
6g.
6g.

18.3

Tennessee—'Hew series funaing b’ml-

do
do
do
do
do

Dec.

of b’nds the principal

$100;
in ’71,

At will.

do

var.

reducing their
thus assumed.

Oct., 1875

Bank,

New York,
do
do
do
do
do

N. Y., Amer.
do
do
do
do
do
do

Municipal loan of 1872 was issued gratuitously
towns, the proceeds to be used in
several war debts, which the state

to cities ann

Of first two classes

Prov.,R. I.H.&T.Co.
do
do

38,837

1,000
1,000
1,1*00

valuat’n of real estate 1870,$11,320,118; personal
$8,377,995; tax. $1 12>£ pr $100, amounted to $221,603,

Jan., ’92-1905
18»9-80

do
Harrisburg Treasury,

var.

1373

....

Albany.

.’&*).

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

1.1) iO

1868
1868
1868
186)
1869-’70
1838
1838
1S6‘

1874-1887

Albany.

5g.
5g.

p!

July, 1891

J.City.

N. Y.. Manhattan
do
do
do
do
do
do
do
do
do
<io

:5g-

1,019,000
205,000
• 08,000
746,(H Hi

1866
1851

Funding bonds aud stock
Blue It dge RR bonds
Funding '>111 - receivable...

1876

1876

Jan., ’76-84
Jan., ’86-96
do
Jan., ’97-02
do
April, 1877
N. Y., Manhattan Bank,
April. 1877
do
do
do
At will
Albany.
July, 1375
N. Y., Manhattan Bank,
July, 1878
do
do
do

4*g.

1,000
1,000

pursuant to a resolution of the Legisia.
these bonds issue l to railroads are paytheir terms in *• gold or silver.” (V. 16,
p. 154; V. 18, p. 374, 600; V. 19, p, 493, 502; V. 520,
83,161.)
ture ;

anle by

The

do

Trenton &
do
do
do
do

A. & O.

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

were

is 4>* mil]*.

Joseph Railroad provides
which fell due Jan., 1872,
paid in gold, but since that time iu cur¬

rency,

1874-1889
1874-1889

July, ’75-8
Sept., ’84-9

Boston,
do
do

or

do

.-

5g.

13-3-4

do

J

$589,174,215, upon which the tax

was

The Hannibal & St.
for its debt. Bonds

March, 1881

Treasury.

Concord
do
do

6g-

1858
1859
1861

.

.

'
’
held by the permanent school

local census, Is <4. $217,000,000, tax 5 nails,
p. 63 , 247 : V. 19, p. 493.)
The Governors messa/e on finances, published
V. 20. p. 83. The valuation of
property in 1874

1874-1888
1877-188)
1889-189)

7

1857

do

J.& D.
J & J.
J.& J.
I. & J.
A.& O.

yig

Total
State

State

46,027
200,000
40U.000

187!

1872
1862
1863
1863
1864
1791

Q.-J.

189.)

p.

All these bonds are

all

1833
1888

4 last

property’
1871-2, $630,000,000, and tax rate 2M mills. Surplng
revenue is applied to purchase ot bonds, (v.20

July, 1892JI

do
do
do
do
do
do
do
do “
BkofN. America
do
do

‘do

*

1836

Rhode Island— War bonds

State House stock,
do
do
do
do
do
do
do
do
bonds
no

“3

1,000

Funding bonds, since war
do
do
do

do

-3

"■(H)* c
500* o

North Carolina—RR. * imp’t bds, old
RR. & imp’t bds old
do
do new (not spec.’ltax)
do
do
do
do

5g.
5g.
6g.
800,000
1,537,887 5*6g.
6g.
473,000
6g
880,000
6g.
1,56 .',900
6g.
8-17,5U0
6g.
4,2 2,600
6g.
2,000,000
66.473 5&6g.
6
4,738,800
6
3,639,400
6
2,333,000
6
1,695,000
6
2,417,4(H)
900,000

IS 74

do
do
do

930,900
593,100
1,213,000
19;.M>,-,U00
561,500

187?
1878
1V79
1883-1903
Dec , 1883

do
do
do
do
do
do
do
do
do
do

do

do
do
do
do
do
do
do
do
do
do

do
do

1,000
1,000
1,000
1,1.00
1,000
1.00J

May, 1890
July, 1879

of Com.

N. Y ..Nat. Bk
do
do

The debt has been largely diminished in
Assessed valuation of real & personal

1878 & ’83

do
do
do

do
do
do

Tables,

REMARKS.t

Due

July, 1878

Bk.

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

do

6
6

1,1 >00

1,000

Sec. 12.

J. & J.
do

6
6

Amer. Exch.

.

do
do

do
do
do
do

1861
1863
1861

Constitution'

7

6
6
6
6

1871

Under Art., 7, Sec

do
do
do

-

N. Y.
do

do
do
J. & J.
J.&D.

6

’51-8
'57-9

439,000
2,727,000
401,000
2. S;) 3,000
392,000
504,00(1
2,3 lo,U00
3,735,000
1,155,000
1,589,000
1,700, 00
2,7.5,000
285,0 0

deficiency loan.

of

J.& J.

7

1,000

Principal,
When

Payable and
by Whom.

Where

M.&N.
J. & J.

2,275,000

State bonds
New Jersey:
War loan bonds, tax free
do
do
do
do
do
taxable
New York—B aunty loan bonds, coup.
Bounty loan bonds reg. stock
General fund debt— Astor stock
do
do
do
do
do
do
do

and Art. 7,

100,000
100,000

1.000
1.000
1.000

1,000

Municipal war loan

\ 3,1

Payable.

’65-6
1868
1872

Funding bonds

Canal Debt ,

ent
Jier

7

bds..

Nevada:
State bonds to fund floating debt.
N. Hampshire:
War loan coup, bonds
do
do

When

50,000
230; 0)0

.

Pacific RR of Mo
S. W. dr. Pacific RR
S. W. Hr. Pacific RR. (guar.)

RR

Rate

J. & J.
do

1,000
1,000
1,000

Missouri:
State bonds
Consolidated bonds

Hannibal* St. Joseph
do
da

INTEREST.

105,000
1,032,000
366,000
61,00)

1,000

•

University & Lunatic Asylum
Bonds to Ngrtli Mo. RR
Bonds to Cairo & Fulton lilt
Bonds to Platte County RR
Bonds to Ir >n Mountain RR

Amount
Out-

Bonds. Value* st’ud.ng.

Michigan:

•

pa,

SECURITIES.
immediate notice of any error discovered In our

1

Subscribers will confer a

[February 27, 1875.

CHRONICLE.

THE

208

finanC‘1s,inV.20, p.8k
ataiefunis$241,841,8W.
against $207,920 526 in 1872. Tax rate in 18i4,
(V.19.p. 15, 117.143.);
20, p. 84.)
.
.
Of the registered bonus $135,50) ai e held,for Agri
cultural College. Sink, fund Aug. 1, ,*14- f6'
All the amounts marked (*) may be funded unuer
Act oi 1871 amende 1 in 1875* into Consolidat-a
Bonds for %, with deferred ce tificatea for *•
The sinkmg lumi holds $2,446,988 of Sia e bonus
Interest due !an., 13i4.
a-.d certificate.
pa d in part (2 per cent) Jmv 1*74.
As8es.cn
value of property in 18 3. $329,424,152: tax rate.
’ lie amount of interest due a" d unpsi
5 mills.

Govern or's mes-’asre on
About $704,000of the debt i< held by
Valuation of taxable p;cpe ty 1874,

Jan. 1, 1877

1890-1910.

New York,
do
d>

March

Red’n.
Montpelier. Treasury.

Bost., N. B. Mut.

New York.

Richmond. Treasury.
London, Baring B. *Co.
New York.

Richmond, Treasury,
do
do
do
do
do

London Baring B &

1,1876

1875-’78
18)5-’90
1886-1895
At pleasure.
1886
10 to 34 years
do
1905
1905 •
1905

Contingent.!
Co.

1905

j

Jan. 1, 1875, was $2,732,230.
582; V.20,p.l4.)

(T- r9.p. 295:

002, 526,

f

209

THE CHRONICLE

1875.)

February 26,

SECURITIES.
[Entered according to act of Congress, in the year 1875, by Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.]
CITY

Subscribers will confer a

Size or Amount
Date
Outof
par *
Bonds. Value. st’nding.

DESCRIPTION.
For

explanation, see foot-notes.

Albany,

•

do
do
do
do
do
do
Water

stock

Bonds loaned to Alb.

& Susq. R.R..

250&C

100&C
100&e
100&C
100&C

Baltimore:

Consolidated loan of 1890

.

Consolidated bounty loan

1854
1863

do
(Druid Hill)

1860

Water loan

Exempt

Public Parks

1865

Park improvement loan....
Five million loan to B. & O.
One
New

1863
1853
1853
1868
1870

—..

Consolidated loan
Court House loan...,
Funding loan
To West. Md. Ii.R. (for $1,000,000)..
Falls
Valley Railroad
Patterson i ark Extension
Endorsements for York & Cum. RR.
do
do
West. Md. lili ..
lo
Union RR
do

^Piscataquis RR

Boston :
Various Trust Funds

Renewal City Debt, due 1854-55.. .
For city purposes, War debt, &c.
do
do
do
Water loans
Ster. loan(street imp

in Burnt Dis
Roxbury deot assumed
Dorchester debt ass lined
Consolidated St. Imp. loan, st’rling

1S70
1872
1861
1865
1868

do
do
do

do
do
do
do
do
do

reg& coupon...
do

Prospect Park loan,
do

Deficiency bonds
.

do

Sewerage bonds. continuous,
Ass. fund bonds, continuous

Temporary debt certificates
Charleston, S. C.:
City stock

do
bds
,

bonds(coupon)

Fire loan bonds

Chicago

Balt., Farm.& Plan.Bk
Balt., N. Mechanics’ Bk
Balt., Farm. & Plan. Bk
do
do

Baltimore.

(coupon)

A,949,711

394,000

2,376.000
700,000
1,000
1,000
1,000
1,000
1,000

18. i2
1867
1867
1867
1869
1870
1860-’73
1860-’72
1372

1857-’73
1872

1870
1872
1873

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

i',66o

90,000
552,000

329,000
282,000
338,000
326,000
21.0,000
309,000
680,0 0
278,000
371,000

319,(00

9,962,000
1.386,000
618,000
213,000
667,000

Vr

1,016,000
3,565,000

6

J

7

do
do
do
do
do
do
J. & J.
Var.

500&C

do

River improvement bonds

Municipal bonds

do
and School bon Is
S. Park loan (not a city debt)
1863-72
Cook County debt
West Cnic. Park (not a city debt). 1870-72
Cincinnati:
Bounties to Volunteers
T
1868
To build Eggleston Ave. sewer..B2
1850
Loan to Cln, & Hills. RR
F
1814
A
do to Little Miami RR
1850
do Eaton & Ham. RR
G
1851
do Covington & Lex. RR
H
do Ohio & Mississippi RR
I 1842-’51
1854
uo
Marietta & Cin. RR./.
M
1872
Ciun. Southern Railroad...
1845
Common School purposes,reg....A
Bonds to fu'irt floating de.bi
1855
Bds to O & M RR to pur. will prop.IN
1331
do for Common School purposes.,
1866
do to pur real estate for
1866
do tobuilct Workhouse
Y2
1858
do nur.Orph. Asyl. gds for park.O
13* 8
do for erection of a Workhouse...
1868
dof or water works
C2
1368
do for waterworks
C3
1868
do for Common school purposes?)
1860--61
do for Common School purposes.P
1855
do toO& Al RR to pur. v*hf prop.N
1860
do nur Epis. Bury’g Gds lor park.!)
1847
do for exten. & imp. waterwoi ks. 0
1849
do
do
do
D
l"5 •
do
E
do
do
do for funding floating debt...-A2 1847-’48
do loaned t . WhltewTater Canal..A 1847-’4S
do for new hospital
S 1867
1863
ao tor new hos >ifal
,.S2

Workh’seY

87,000
2,550,0' 0

fi
7

1,000

2,621,000

7

1,000
500&C

3,471.000

6
7

500&C

2,000,000
3,681,500

7
&

234.000

1,000

25,000
150,000
91,000
96,000
134,000
94.0(H)
550,000

1 000

2i>;




ia brackets at the end ot

& J

.

1.000

1,'HJO
1,000

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

1,0)0
1,000
1,000
1,000
1,000
1.000
500&C
500&C
500 4C
500&C

1,000

1,000
1,000

110,000
,000
25,000
43,000

210,000

40,000
11,000
14,0(H)
31,000
250,000
150,'00
150,0ii()
100,000
99,000
195,000

17,000
199,50)
98,000
100.000
146,500
27,(XX*
500,000
250, (XX)

6

73-10
6 '
6
6
6
6
6
7
5
5
6
5
6
6
6

7 3-10
73-'0

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

7V0
73-10

in 1873-74 was

$9,803,511. of which about $3.6 0,000 cane irom
the annexati-oi of Charlestown. West Roxbury
& Brighton. The total debt, both funded and un¬
funded, April 30,1874, \* as $18,131,436. and the sink¬
ing fund then held, $15,417,572.
Sinking fund
provisions are sufficient to meet the debt as it
matures. The 5 per cent lo»u in April, 1873. sold
in London at 9i>£ gold. Mayor’s ihessage on
finances in V. 18, p. 65.

1893

1875-’85
1875-’8 5
1899-1900
1875-’94
1S7F94
1S75’S4
1675 ’92
1902

1878-’79
1875-1901
The
Mayor,
stated that

6

1873- 98
1883-’84
1390

City.

1875-’82
1882-’95

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

1880
I860-’95
1890**95
1875-’76
183l-’99
lH74-’79
1873-89

do
do
N. Y., Duncan, S. &
do
do
N. Y„ Am.Exch. N.

N.Y., Metropolitan

Co

Bk.
Bk

.

do

do

redeemed as lollows: By collection
of tax<s, $2.214,00c 00; by tax on
the whole city, $14.308,8)37 24; by tax on the
late city of Wt'Jiamsburgh. $138,000 (0: by the
first 12 wards and 20th, 21st and 22d (Park bonds)
$..‘,233,'DO 0 i; by

ass^ssments on the line of the

itnp ovement, $11,538,104 83
Amount of sinking
fund to be used for the redemption of this debt is
$2, :o8 435. 87, leaving the net total, $34,523,505 70

Population in 1870, 396.200

agaiust 266,661 in 1860.

Valuation of property in Kings County in 1373, by
tne State Board of Equalization, $164,915,301 for
real estate and $16,456,4*0 foi
The
Board of Supervisors valued the total

personal.
taxable
property of Brooklyn at $216,073,170, and of all
Kings County at $227,699,043
The debt of Kings
County, separate from the debt of Brooklyn, Is
$3,654,712. Average tax rate in 1874, $3 52 per
$100, against $3 46 in 1873. (V. 19, p. 142, 652.)

do

Bonds arc mostly held within
Carolina. Total assessed value

the State of South
ot property in 1873

Sink.funds
Float¬
ing debt, $2,943,73). A ssessed value of real proper
ty, 1873. $262,969,320 ; personal, $49,103,175 ; total
$312,072,995. Tax rate, 18 mills. State > aluation
is $224,1:8,620, and city debt is limbed to 5 per
cent ot that.
Population in 1870 3t'6,605, in Oct.,
Ii74, 395.2(6, against 109,26'! in i860. Cook Co. debt
is all 7 per cent, and interest is all payable In J
$27,973 ,991.

Rate of tax, 2 per cent.

reduce the total d-bt to $4,672,663.
Total funded debt. April 1, 1874, $13,478,000.

&

J., or in M.

& N.

1SW-92

July, 1876
N. Y„ Amer. Ex. Bank.
J. & J
Dec., 1880
do
do
do
J. & D.
do
Aug., 187*
do
do
F. & A.
do
Dec., 1830
do
do
J. & D.
Jan., 1881
do
do
do
J. & J.
do
do
do
do
J. & J.
Jar.., 1882
do
do
do
J. & J.
do
do
do
J. & D.
do
.July l, 19>2
do
do
J. & J.
Nov., 1885
M.&N. Philadelphia. Bank N. A.
do
M. &N. N. Y., Amer. Ex. Bank,
do
do
do
do
M. &N.
do
do
do
do
M.&N.
March, 1886
Cincinnati,
M. & S.
Oct., 1886
do
A.&<>.
March, 1888
do
M. & S.
June, 1888
J. & D. N. Y., Amer. Ex. Bpnk,
Aug., 1883
do
do
do
F.& A.
June, 1689
do
do
do
J. & D.
Julv, 1688
do
do
do
J. & J.
.Jar., 1890
do
do
do
J. & J.
Nov. 1390
do
do
do
M.& N.
^0
Cincinnati.
M.& N.
Apr.!, 1895
A.&O. N. Y., Amer. Ex. Benk
do
do
do
do
A.&O.
do
do
do
do
A. &0.
March 1897
M. &N. Philadelphia, Bank N. A.
do
do
do
do
M.&N.
June, 1897
J. & D. N. Y., Amer. Ex. N. B.
M.&N.

stated at $37 431,-

The total debt is

941 57, to be
of arrears

1880

do

uo

$2,500,000.

1874,
1878,

in' Ins
Message January.
the debt had Increased
n

1874-75-76

Y.t Duncan, S. & Co,

N.

of taxa¬
and Co.

3yrsfr d’te
3yrs fr d’te

697, cOO

1,000
1,000
1,000
1,000
F.OOO
1,000
1,000
1,000

Population ny census of 1870, 218,900, against 161.044
in 1860. Tax rate for 1*«73, $23 06 per $1,000
Un¬
der t ie laws of Ohio real estate has b* en valued
for purposes <

The

f taxation once in ten j ears.

following table from the books oi the’Auditor cf
Hamilton Co. nty, Ohio, exhibits the assessed
valuation ot the City ot Cincinnati for twelvo
Real

Personal
e-tate.

estate.

bear.
1S60..
18 1..
1862..

$61,620,904
6 ’,657,365

1863..
1864..

63,503,296
64,441,53'
65,581,774

1365..

67,610,611

1866
1867..

66,454,662
68,569,040

.

$31,411,812
30,312,411
29,707,861
35,932,561
47,809,574
6),135,382
67.218,101
68,412.285

69.799.601
7 2,23*,844
1669
1870.
73,736.(32
1371.. 123.t27.s83
18 2.. 119,62' .856
1873
121,479,280

1866

Total
valuation.

.

,

$93,032,716
92,970,776
93,211,167
100,.^74,093
113,895,348
130,715,993

61,583,**25

133,672,763
136,931,325
131,383,529

5'J,4I1,666
57,3.0.751
56,934,014
55,462,410

130,715,510
136,107,236
180,361,982
1.5 084,296

64,166,460

185.645,740

Ra

e

526

;

tax

$1,000
$n 45

per

19 20
17 66
18 20
20 20
22 90

21 60
27 40
v8 00
90
60
20
10
23 06
31
81
22
20

of $U'/TX\0'X) has been authorize* for
Cincinnati Southern Railroad.
(V. 18, p.
A loan

the
454

V. 20, p. 14.)

Nov., 1897

in which each issue of bonds is made,
AuM. & 5., March & Sept.; A. & o., April & Oct.; M, & N., May & Nov. J. & D ,
quarterly from March.
reunuKS, iu any case, refer to the volumo and. page of Chsoniolb containing fuller information.

Siz6 or var value.—This column shows the sizes or denominations
t Wheno iy toie.—J. & J.stan is for Jan. & Julv; F. & A., F jb. &
quart irly fro u Jan.; x) —F..q larterly trom Feb.; <J.—M.,
Memarka - Figures

do
New York

J. & J.

Includ¬
$554,3)1,100, and per¬

Valuation of real property

exations, m 1874,

1881-1902

Charleston

7

ail'

sonal, $244,497,(59 ; upon which the rate
tion is $15 (>0 per $i0uu lor State, City
purp les, 'i he net increase oi debt

lS75-’90
1875-’90
187 -’90
1877 ’86
1866-’95
1868-’95
1868-’90
1877
1879
1901-’24
1915-’24
1915-’24

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

6

ing

1875
1881

do

2,214.900

.

Apiil

population of Boston in 1870 was 292,497, against

177,810 in I860.

1375
1879-’81
1891
18*7
1885-’94
1880-*81

do
do
do
do
do
do
do

do
do
do
do
do

4,314,104

roads.

187.V76

do
do

50,< 00

in

Valua'ion of real and personal property $lu,064,530.
Rate of taxation, 2.90 per ct. The loans to Europe
& N. Am. RR., and to Bangor & Piscataqu's RR.
are secured by first mortgages on those

The

Brooklyn.

do
do
do

1.217 000

267,354, agunsl

issued

’73-’8i)&’98-’99

do

2,959,000
8,016,000

1875-’94
Jan. 1. 1894.
1894
1899

Boston.
do
do

51,500

1,000
1,000

and .17 for State. Population in 18:0
212,418 in 1860. Loans are
registered stock.
The fiscal year
closes ' 'Ci. Jl. and a brief review of 1873 will be
lound in Chronicle, v. 18, p. 64.
w.ne

1900-1901

London. Bai i g Bros.

223,000
500&C

Sewerage bonds

do
do
do
do

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

213.000

Bros.

Boston.

do

-

138,000

5,240,314
1853-’54
1866 !

:

Boston.
do
London. Baring

J. & J,

27,000
32,000

1372-73

Water loan
do

6

302,000

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

London. Baring Broa.

d*
do
do
do
do
do
do
do
do

6

150 000

1,000

do
do
do

do

5g5g5g-

45,000

1,000
1,000

do

do
do
A.&O.
Various,
do

by City Passenger

purposes,

On demand
1878-’79
1875-’87
18 »5-’93
187 5-1904

Boston.

Various,
do
4^g.
do
5

paid by income of

Water loan is

;

Railway, and interest od $1.467,'00 by other com¬
panies. The assessed vHiue oi property in !87S
$224,728,138; and tax rate $1 63 on the $100 for city

Mch. 8, 1892
187 i-’85
1886
1890

Bost., Merch’ts* Nat.Bk
Var.
Boston or Bangor.
J. & J.
J. & J. Bost., Nat.Bk KeUemp
do
do
A. & O.

6

loaned extensively to rail¬

waterworks, aud Public ' erk

1885

do

do

city credit lias been

$5,000,000 loan

July 1, 1834
Apr. 15, 1900

Balt., N. Central RR.
Balt., N. Mechanics’ Bk

6
6

$426,437.

roads, in exchange lor their securities, which it
The sinking
holds to the amount of $11,000,090.
Inna lor !'alto. & O. RR. $5,000,000 loan $1,552,848,
Oer. 3 ,1873 ; West. Md. RR. sinking fund. $'.32,454
and the total of the several other sinking funds.
halt. & Ohio RR. pays inteiesi on
$6.296,u36.

Mechan'cs’ Bk July l. 1890.
1900
Balt., Farm. & Plan. Bk
1902
Bait., N. Me* haul s’Bk
Balt.,N. Mechanics’ Bk April 9, 1900
()Ct. 1, 1886
Balt., Register’s Office

688,000

1,000

The

Jan. 1, 1895
Jan. 1,1890
Jan. 1, D86

Ba’t., N.

1,756,000
£1,000,000

£100&C
1 000

1874-’*

July, 1890
May 1, 1875
Sept. 1,1893
Sept. 1,1893
Sept. 1, 1890

do
do
do
do

522.900 5,5X6
152,500 5X6,7
5g.
3,893,415
1.327,349 5,6&7

local

Central & Knickerbocker ave.
So. Brooklyn
do
Boulevard bonds

do

00

1859-’61
1861
1857
1865
1864
1*65
1867
1866
1865
1866
1867

local..

Permanent water loan

Plan.Bk
Balt., N. Mechanics’ Bk

6
6
6
6 & 7

Loan

annum.

by 1st mortgage on road trom Albany to
Binghamton. Assess d valuation of property in
1873, by State authorities was.real estate,$42,419,
698; personal. $7,211,S17 ; total, $49,631,100.
cured

1875-’89

Bait., Farm. &

336,759
583,205
1,765,903
16,305,675

1855

loan

Soldiers aid fund loan
Nat’l G’d & Vol. Firemen’s loan...
National Guard loan,
Third street Improve, loan, local..
Gowanus Canal impr. loan,
do
do
do
Bushwick av.
do
do
South Seventh

do

1,000,000
722,000

1,000
1,000

1819-’50

Brooklyn local improvement loan.
Mt Prospect Square loan,

Bay

256,000
100,000

municipal bonds, $16,000 per an¬
water stock, $5,((0 pel
to Albany* Susquehanna is se¬

Sinking fund tor

num.

City receipts in 1872,

Augusta.

Var

1,1U3,|'00 5 & 6
626,190 6.6*7
5 21V 00 6,6^7

do local improvem

Bedford ave
Kent ave. basin
N. Y. Bridge loan,

100&C
1.0 1!

water debt.

Brooklyn :

ave.

F.& A.
M.&N.

232,000

1870

Renewal ol water bonds oi ’48..
Renewal water loan, 18*6-9, sterling
Jity noies (new main) Act 1858
Water loan (Chesnut Hill Reso.)..
Boston Highlands

do
Wallabout

M.&N.

1,000,000
20-V.HiO

lOO&c

1852-’68
1853
1852-’64
1864-’74
1865-*72
1873

Brighton debt ...r
West Roxbury debt

Fourth

7
7
7
7
6
6

Sinking fund lor

May, 1879

Co

June, 1880-8)
Bost., Merch’nts’ Bank. Feb., 1835-94
N. Y., Duncan, S. & Co Mch 1895-1900
NOV., 1910
do
do
Men. 1875-91
do
do
May, 1911-12
do
do
Feb., 1876-81
do
do
Nov., 1895
do
do ;

1,000,000
1,000,000
789,-900
891,646
137,414
*00,000
1,000,000

"

Union street

N. Y.. Duncan, S. &
do
do

185,723
5,000.000

1G0&C
100&C
100&C
10J&C

1853-’65
1874
1869
1869

Municipal Loan.
American RR.

do

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

6
6
6

117000

European & N.

City HallWilliamsburgh
loan
Debt of

Payable.

Cent.

500,000
1,375,000

Bangor, Jte.:
City debt propei.

Charlestown debt
do
Mystic

lOO&c

1870
1872
1872
1973
1812

Jones

Bangor

lOO&e
100&C
100&C
100&C
liO&e
100&C

1864

HR—

million loan, Pitts & C. Rli—

City Hall

Whom.

7,212,046
5,000,000
2,211,068
410,353
555,566

Augusta, Ga:
Bonds lor various purposes

REMARKS.*

when uue.

Payable and by

Where

Whent

per

1,543,000

Var.

,

I'ate

1,000,000

Var.

do
do
do
do
do
do

1,000
1,0 0
1,0001,000
1,000
1,000
1,000
1,000
l.too

discovered in our Tables

INTEREST.

252,000
46,000
155,0(10
318,000
50,000
293,000
200,000
500,000

1854
1864
1" 66
18 0
1870
1871
1871-72
1851*52
1?65

.V. Y.- Bds for municip’l pur’s

notice of any error
Principal

giving us immediate

great favor by

mne & Dec. Q—J.

[February 27, 1875.

CHRONICLE

THE

210

CITY SECURITIES.
great favor

Subscribers will confer a
DESCRIPTION.

explanation of all references, see
loot notes on preceding page.

Cincinnati—(Continued/
Bdsforlundi g floating debt
L
do forexten.
imp. waterworks.K
do
do
do
F
do pur. Orph Asyl. G’ds for Park.O

do for Workhouse
-....Y8
do for sewerage
R
do for improving Gilbert ave....U
do to build Eggleston ave sewerB3
do improvement bonds
W
do water work purposes
C4
General improvement
W2
Cinn. Southern HR (for $10,000,000)

Floating debt, bonds, coupons
Columbia, S. C.

:

purposes.
Funding and substitute bonds, Ac.. 1856-71
1872
City Hail, Ac
1872
Columbus, Ga.:
Subscriptions to various RR.
do

do

do

1367-’69
1871

bonds

Jersey, City :

bonds., coupon
do

do
do

Uo

lOOAc
500Ac
500

....

1866-"’71

500,000

7

7
7

N. Y., Amer.
do
do
do
do

Ex. N. B.

N. Y., Amer.
do
do
do
do

Ex. N. B.

do
do
Cincinnati.

•

7

i

•

1

xX 111 CI

REMARKS.

Jan., 1900
June, 1990
Oct., 1900

'

March, 1908
Oct. 1,1884

do
do

Sept., 1899
do

Oct., 1899

A.

•

do
do
do

do
do

do
do

do
do
do
do
do

F. A A.
J. A I).
J. A J.
M. AN.

183,400 5 A 6
7
161,450
250,000

do
do

1,1886
Aug. 15, 1880
March

do

Dec. 1,-1891
1902

May 15,1904

Columbia.

J. A J.
Var
J. A J.
A. AO.
J. A J.
M. A S.

209,000
9(H),000

1887
1892

1852-67
1869-73
1871

600,000

■SO.OUO

Improvement bonds
Morgan street dock

City bonds, coupon
do
Funded debt bonds
Hudson City bonds

Bergen school loan bonds

bonds
Improvement bonds
sewerage

bounty loan

1,000
1,000

New York.
Col. City Treasurv.
New York A Colunaous.
Columbus.
New York.

Metr. Nat. Bank,

1875-’81

1,314,000

N. Y.,

6

J. A J.
2,731,SO)
J. A J.
500.000
A.AO.
7
1870
1,000,000
J. A J.
1,050
-7
500,000
MAN.
1872
1,000
2,669.000
1871
J. A J.
1,000
123,000
1870
J. A J.
1,000
933,000 6 A 7 Various
Var.
1,000
Var.
73,62) 6 A 7 Various
Var.
500,000
1872
1,000
M.AN.
Var.
281,395
Var.
Various
150,000
J. A J.
1868-69 l/OOAc
400,000
1869
J. A J.
1,0) OAc
200,000
1868-69 1.003 Ac
J. A J.
129,000
Vari.
Vari.
J. A J.

Strader's, wharf

1852
1853-51
1854
1854

1857-59

Waterworks

1865

Bounty fund

of streets

Rowaa’s, % city wharf
Elizabeth and P. RR
Wharf property.
Jail bonds
For old liabilities
For old liabilities
St Louis Air Line IiR
New City Hall

Change of guage
Road bed left
City institution

1860-67
1365-’70
1867
1868
1871
1868
1863
1868
1868
18(59
1870-’71
1871
1871
1870
1871
S72
1872
1852-’63
'

Wharf & Fulton street

City Bonds payable by railroads...,
Ronds to J. M. A I. It. R. assumed.
New Bonds.

City holds some stocks and other property..
Valuation of real estate, 1875, $3,923,575.
year.

Population in 1870, 79,601 ; value of waterworks,.
$1,361,000, against a debt of $900,000. Taxation
in 1873, $363,619, on an assessed value of $19,085,160
real estate, anil £8,006,485 personal.

1886-’91

N. Y. Mer. Ex. Nat. Bk. Jan ,
do
do
July,
QO
do
do
do
do
do
do
do
do
do
do
do
do

OcR 14, 1974, the total bonded debt of the city was
$13,934,385, as follow’s : general, $3,265,975; assess¬

1877-99
’99-1903

ment

$1,286,5(0;

debt,

debt, $4,530,300.

water

in

The sinking fund was $422,000.
Assets
over¬
due taxes, waterworks and public buildings
about. $12,223,661.
Assessed valuation* includ¬

*1875

do

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

required about

$10,000.

1897
1841
R90
Various.
Various.
1892
Various.

ing railroad

property

is $88,496,885, on which
$100, on $68,496,855 and

the tax rate is $3 70 per
1
per cent on ralboad

$11,000,000.

property assessed at
(V. 17, p. 691

Population, 110,000.

V. 18, p. 190.)

Jan., ’98.1900

July, 1889
1875-79
V arious.

1,246,632

Improvem’tCertificates (5yr. law)
Louisville, Ky.:
For Jeffersonville RR stock
School Houses.
Subserin, to stock, L. & N. R. R....

7
7

do
do

annual interest

Bonds are all coupon, and were Issued insmall amounts as wanted; $25,000 fall due eacln

1876-’81
1880-’95
1878
187.--^S9
1887-’89
1881-85

Savannah, C. R. R. Bk.

Vari.J. A J.
Vari.

$250,00$

Population, 1870 9,298, against 8.052 in 1860.
market bonds were issued in May, 1872.

1876-’83

do

A J.
A J.

65,000
261,000
10,000
166,300
27,500
50,000

1872-’73

Reconstruction bonds

For improvement
PuDlic schools
Water Bonds
Sewer bonds
do

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

6
6

600,000
3.000.UCC 7 3 10

1,000
1,000
1,000

1853-59

Improvement bonds

do
do
do

150,000

250 Ac.

1853
1866

:
Bonds for various City purposes...
do Water W’k Co, guar, by city
Pub. Build, stock (City Hall) bonus

Water loan
do
do

6
6

Principal,
When Due.

by Whom.

Payable

A.AO.
73-10
M.&S.
150.000 73-10 M. A S.
100,000 73-10 A.A O.
136,000 7 3-10 M. AS.

1,000

1856-'60
1860-72

Detroit, Mich.

Public, sewer

100,000
100,000
70,000
150,000

When

Tot»l debt, $582,500,

stocks

GasCo.8tO"k
Funding bonds, coupon
Bonds lor various purposes
Funding floating debt

-

i.OOl

60,000
75.000

1856-68

Bonds for various

'

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

l

and

Where Payable

.

1853
18513
1853
1853
1863
1869
1869
1869
1371
1871
1871
1874
1874

1

INTEREST.

Size or Amount
OutRate
par *
Bonds. Value. st’nding. per
Cent.
Date
ot

For

discovered In our Tables.

by giving us immediate notice of any error

185)
1373

91,000

1.000
1,000

92,000

1,000

431.000

1,000

140,000
865,000
25.000
219,500

1,000

209.000

1,000

1,000
1,000
1,000

499,000

1,000

101.000
425.001

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

136,000

1,000,000
2:30,000
150,000

1,000
1,000

139,000

1,000

325,(XX)

500,000

1,000
1,000
1,000

250,000
107,000
150,000

I,0n0
1,000
1,000
1,000
1,000
1,000

200.000

125,000

1,509,000
7 .000
1

003,000

6
6
6

A. AO.
J. A J.
A AO.
M. A S.

6

6
6
6
A
6
6
7
6

M.&N.
Vari.
Vari.
Vari.
J. A J.
J. A J.
J. AI).
M.AN.

7

A.A O.
Vari.
A. AO.
J. A D.
Vari.
M.A S.
A. A O.
F.A A.
J. A ,J.
J. AD.
J. «k D.
Vari.
MAN.

6
6
6

7
7
7
7
7
7
7
6
6
7

27. Y., Mercantile N. Bk.
do
do
do
do
do
do
N. Y.f Bank of America.

Louisville.

The commissioners of the sinkiug fund reported
that the resources are adequate to meet all the

April, 1882
1S83-84

city debt, except the $l,0C0.u0U to

1881

May, 1887-89
’75 A

the E. A P. 1R.
68,033 in
increase

Population in 1370 wras 109,750 aguinst
1961'. The following figures exhibit the

April, 1883
85

since t‘ie year

1868:

-

Outstanding -Ian. 1,1S68

1896-97

do
do

July, 1897

Louisville, City Treas.

July, 1898

Retired to Jan. 1,

May, 1898
Oct., 1888

Loans to railroads

.

„

$3,362,747 94
6,872,000 00

187 5-’89

N. Y.,Bk of America.

N. Y., Bk of America.
Louisville.
N. Y. Bk of America.
Louisville.
do

Bonds issued since
Total

J une, 1901

<

’75 to’-8
Oct. 1,1898
1889

1S74.

-$8,253,500 00

outstanding

Total

$’.0,234,747 94
1.9SR247 94
1,508,000 00

city bonds out

693,000 00
Floating debt
’75, ’80 A 1901
Sept., 1891 Total bonded and floating debt
$10,454,500 CO
ilo
do
The following figures give the assessed property
April, 1891
Feb. 1, 1^80
do
do
valuation lor the past six years.
For 1868. $59,do
do
July 1,1901- 425,971; for 1869, $03,284) 91; for 1670, $70,806,712 ;
Jnne 1, 1892
do
do
Tor 1871, $76 515,995; for 1872. $77,158,642 ; for 1873,
do
June ‘5, 1902
do
$77,225,372. In 1863 the taxation per $100 was $1.9S;
’82 to’93
New York A Louisville.
in 1873 it was $2 55 for the Eastern district and
N. Y. Bk of America
May 1, 1882.
$3 47 for the Western district.
(lo

New York A Louisville.
17. Y- Bk of America,

do

do

1903

$200,000 of the sixes is paid in Balti¬
City holds nominal assets of $956,645.

Interest on

Lynchourg

Va.:

809,692
111,817

Bonds various purposes.
Bonds, 8 per cent

Memphis, Tenn.:
School and paving bonds
Post bonds

Funding loan, (gold)
Endorsement M. A L. ltk. R.R..
Milwaukee:

Re-adjustment bonds
General City bonds
Water
do

bonds,coupon

registered

Scrip to settle old RR. loans...

Var.

500Ac

J. A J.
J. A J.

1,030,(XX)
2,499,000

1870

1,000

1,000
500A C

392,849
242,000
429,000

1,(K)0
1,000

10,000

Memphis.
Myers A Co

Meeting of bondho dors in Dec.. 1874. Tax iate,
$m per $10). Population in 1870, 40,230. (V. 18,
p. 526; V. 19, p 139; page IV ot adv’ts, Sept. 12 ;
V.19,p. 637.

18'.3-1902
1873-19(0

1,171,000
186,588

J.
J.
N.

J.

Charleston, S. C.

Nov.,1900
July, 1872

J.
J.
J.
J.

300,000

1861
1871
1872
1872
1873

more.

do

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

311,000

1857

Lynchburg.

D.

Mil. A N. Y., A. Goettel

June. 1, 1891

A
A
A
A

J.
J.
J.

N. Y., P. M.
do

do

do

do
do
do

do
do

.lan. 1, 1901
Jan. 1, 1902
Jan. 1,1902
1875-7S

The City cannot Issue debt
average assessed value

beyond 5per cent

of its

for 5 vears, which is
$43,545,000, and for the year 1974 $51,3)4,887, being
$35,157,004 of real, and $16,167,893 of personal.
Sinking funds are
(v. 16, p. 20, 346 ; v.

provided for all the
17. p. 187, 628, 691.)

bonds,

of property, $20.047.866;
tax, 2 per
Mobile County also lias 8 per cent
outstanding.
Interest in default, July
(V. 16 n. 661, 693 ; V. 17, p. 19.)

Valuation

Mobile:

City debt ABC (pay. an’ly till ’91)..
do DEF (pay. an’ly till’86)..
do
Bonds to Mob. & Gi. North RR..
Bonds to Mob.A Al. Gr. Trunk RR,
Wharf bonds

City funded debt

To Mobile A Northwestern RR

Sew Orleans ;
Consolidated debt) $&50,000arplied.
do
d© > yearly to mt’st.
do

do

) and

principal..

.Broad debt..
do
do
do
do
do
do
Old corporations
Ponchartrain RR
Waterworks Loan of 1869

1S66
1866
1859

1870

1,000
500Arc

1852

1,000
1,000

300 000

1852
1852

4.021,000
220,(XX)
203,000
315, (XX)
75,000
2.819,000
25 '.(XX)
336,00)
113,000
1,392,400
2,849.500

1,000
1,000
1.000
1,000

..

1-54
1869
1869
1S70

1,0'0
1,0X1
1,000

3,roo,<xx)
295,000
708,000

•Jetterson

Wharf
Street Improvement bonds. ...
Consol, gold bonds ("general series)
do
do
(drainage series)
Ten per cent bonds

jfeio York:
Water stock
do

Croton wrater stock
New Croton Aqueduct stock
Addit’nal new Croton Aqueduct...
Croton water main stock
Croton Reservoir bonds
do
Aqueduct bonds
Croton water pipe bonds
Central Park fund stock
do
no
do
do
do
do
do
do
Central Park imp. fund stock
do
do
do
do
do
do do
do
do
do
Boeks and slips stock

Dock Bonds




Mobile, Bk of Mobile,
do

do
do

do

N. Y., Mercli. N. Bank.
Mobile City Treasury.-

do,

do
N. Bank.

N. Y., Merch.

1891
1886

cent.
bonus

*

1885

1873.

July, 1899
Nov.. 1895
till 1901
1)01

provide for interest and principal oi coneot
$650,000 per year is required
law to be raised by tax on real estate.
Special provisions are made lor some other
issues or debt as follows; RR. bonds interest
by 20-175 ot real estate tax and 1-175 of person¬
al ; Ponchartrain RIl.. int. by 2 per cent ol
licenses; 7 per,cent loan oi 1869, by $34J4U
monthly ; wharf bonds, by levee dues pledged
for interest and principal; 10 per cent bonds ol
1971. nv monthly deposits out of current revenue.
The total funded and floating debt. July, 1871,
Avas $21,828,232.
Population. 1870,191.418, against
133.670 in 1S60. Interest is ln’default since Dec .
1S74. ' (V. 18, p. 526.)

To

..

City, (debt assumed)...
Improvement Bonds

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

241,200
340,000
750,000
360,000
373,500

1,000
1,000

1870
1871
lt>71

..

Funding Loan oi 1869
Funding loan, 1870

547,100 *

lOOAc
lOOAc

1871
1872

1872

422,000

1,003
1,003
Var.

1871

2,205,000
1,343.000
1,143,600

1,000

6

J. A J.
6
M.A N.
6
Vari.
6
J. A J.
6
A.A O.
6
M.AN.
6
M.A S.
5
J. A I).
6
J. A J.
5
J. A J.
7
M.A S.
7
J. A D.
8
Vari.
3-10 J. A D.
3-10 F. A A.
7

Qj.
Q-J.

10

A.AO.

New Orleans,
do
do
do
do
do
do

1892
1892
1892
1875
1875

bonds the sum of

by

1«74

do
New Orleans,
do
New Orleans,
do

do
New Orleans.
do
do
New York or London,
do
New Orleans.

1875
1873
1884
1*99
1894
1895
1887-1900

Dec., 1880
1911
19)2

1922
1331

fund¬

1841-63

1870
1845-60
1865
1870-2

lS'71-2
1865-72
1667-70
1869
1853-7
1853-7

1857
1857-9
1860
1865
1852

1870

lOOAc
100 Ac
100AC
100Ac
100 Ac
100Ac
100 Ac
100 Ac,
100 Ac
100Ac
100AC
100Ac
100Ac
lOOAc
100Ac,
100AC
100AC

4.579,7r5
-

500.000

2,900,000
250,000
3,261,000

3,1'41,000
960.637

490,(XX)
450,(XX)
3,066,071
399.300

275,000
2,500,000
2,083,200
1.766,600
100.000
4.250.000

5 A
6

6

5 A 6
6
6

6 A 7
6

7

^

a) cl

a

O ^

a>~:

5

S

a

-aaS

ts

33

«-

—

®2
»

'S'*
c8

3

ac*r
•

f/J
-

22

^2

5 S-*-*
<

rS-TJ-co
-

7A6g.

The followingstatement shows the amount of
1870-75-79-80
ed and temporary debt, and the amount in
Nov. 1. 1902
city sinking fund at the dates named :
1883-90
1S84
Aug. 1,1900 Funded city debt—$63,786,255 $69,624,054 ? ,,g 771,319
Nov. 1, 1900 Funded county debt 29,937,404 £9,863,165 j
1907-1915
1907-1911
Total funded debt.$93,773 659 $99,492.2)9

tne

« o

—.

OS W

6

6
5
6
6
6
6
5

Q.-F.

£ t- O

a>ja o

•5OO0.0

/-feV

Description.

1880
1837
1898
1898

$R6,771,319
26,829,>32
Total, less s’k’gf’d$70.5-10,W3 $74,659,602 $89,9111,592
Temporary’city debt 16,927.372 21,927,372
22,136.371
14,818,400
Revenue bonds
8.114,197 9.790 978
This makes the total funded and temporary debt,
The population
(less sink, fun 1,) $126 896,359.
Sinking funds..

'

1876
1887
1895
1876
Not. 1.1901-5

..

23 233,076 24,832 617

805,658
progress

of New York in 1870 was 922,531, against
In 1860. The following table show* the

211

CHRONICLEf

THE

1875.]

February 27,

CITY SECURITIES.
DESCRIPTION.
For explanation
foot notes on

Size oi Amount
Date
1
Outof
par *
Bonds. Value st’ndng.

of all references, see
2d page previous.

giving ns immediate

great favor by

Subscribers will confer a

Rate

Where Payable

When t

per
Cent

Principal,
Due,

REMARKS.

When

and

Whom

by

Payable.

for fourteen years
taxation.

■

Jfew For*—(Continued)
Floating debt fund stock
Market stock
do
do
<io
do
City Cemetery stock

1869

T

Cityimprov. rr.ent stock
do

do

1869

Lunatic Asylum stock

do
do
Fire department stock
Fire telegraph bonds
Tax relief bonds ..
do
do
coupon
New York Bridge bonds

1869
1870

Street improvement bonds
Street opening andl mprove bonds
Vol. Soldiers Fam. Aid fund bonds.
do
do
do
do
Ninth district Court House bonds..

.

1863
1863

1871

Consolidated stock, coupon
Dept o Parks improv. Ibonds
Central Park commission bonds....
Assessment bonds

City Parks iinprovem’tfund
Normal school fund stock

1871
1871
IS 71
1871
1875
1871
1872
1872
1874
1873
1873

stock.

Public school building fund stock..
Bonds for Dent of PublicParks....
Additional Croton water stock
Sewer repair stock

Improvement bonds

Consolidated stork
Museum < f ArtANat. Historv, st’ek
Liquidation of clai ns A judgments

Improvement of 3d ave—23d ward.

1864
1861
1865

18b5
1864

1864-72
1868-72
1873
1871
1870
1871-2
1869-70
1S70
1873
1874
1874

Liquidation of claims A Judgments
deficiency..

do
do
do
do

597,586
2.767,000
3.000,000
1.298,000

7
7
6

7

0,500,000
4.149J39

1.000.000
500.000

6

266,500

7

M.A
M.A
M.A
M.A
M.A
M.A
M.A
M.A

300 000

4,252,500
3.R40.40U
1.250,000
12,057.400
5.100,000
200 009

636,000
60,CO0
468,000

Gg
6 & 7
7
7
6 & 7
6
6

200,000
500,000

10,343,700
40O,i 00
945,525
41,000
19,000

.

100&C
100&C

2,600,000
600,000
100,000
54,091
1,(>00,000
4,000,000
946,700

....

....

ioo&c
lOOAc
lOOAc
lOO&c
lOO&c
lOOAc
lOO&c
lOO&c
lOO&c

•

6
6
6
6
6

7
7
6
6
6

30.000

100,(100

....

1.680,200

....

3,899,493

....

a
o

18S9
1889
1884
1879
1890
Nov. 1.1905

so

<y
<V

a

1884-1888

C.O
c:

O

£

©

J

a

3

N.
N.
N.
N.
N.
N.
N.
N.

7

an

1875
1876
1890
1901
Nov. 1 .’75—’79
1875

©=3
rl

3

Nov. l.’?5-’79
Dec. 23.1901

72

OA

!
J

6
i

:

prior to consolidation.
to pay for stock subs,
do
for extension of gas works...
lor permanent improvemts...
for park purposes

♦

*

1855

Pittsburgh

..

4.950,000

....

•

•

•

•

....

10,183,600
6,293.800
11.650,0"0
8,754,900

4,115,000
1.122,911
....

2,274,195

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

6
6
6
6
6
6

7
6A7
4A5

A
A
A
A
A
A
A

viewing the city’s affairs since 1871. See also
Chronicle, v. 1<, p. 323, 355; V. 19, p. 345, 350: V.

20, p. 14, 29.

1875-1892
1884-1888
1894
1S96
1875-1876
1883-1890
1880-1881
1895-1897
1891
1877-1879
1882
1887
1903 1877
1884-1888
1901
1884-1888
1891
1876

S -2

o
cO
a>

45
cS
c.

.2

a

5&6

I

ortland, Me.:

Loan to At. A St. L. RR. Co
do
do
do
do
do
Portland & Rochester RR.. .
do
do
do
Building Loan Com’ers
Portland A Ogdensburg....
do

)

Municipal—proper

Loan to H., P. & F. Railroad
Bonds for public improvement-*

Recruiting and bounty bonds
Water loan bonds, gold, cp. & reg..

San Ft'ancisco ;

Judgment bonds

do

Central Pac. RR.
Western Pac. RR.
School bonds

do
do
do

School bonds
Park Improvement

(gold)..

do

do
do
do

do

Judgment bonds

do

bonds

..
..
..
..

..

:

Hospital bonds,
Savannah, 6a.:
Purchase of Springfield plantation
Subscription to Muscogee RR
Construction of water works

Gaslight Co. stock

Improvement of Savanmh i.iver..
Sav., Albany & Gulf RR
Funding coupons* other purposes.
Redemption of bonds

do
do
Bonds for city improvements
Harbor. Ac., improvements
For floating indebtedness
St. Joseph, Mo.:
Bds to St. Jos. A Den. C. RR. 1369...
do
Mo. Valley RR,
do
St. Jos. A Topeka RR
Elver and Wharf Bonds

City Improvement Bonds

Funding Bonds
Bridge Bonds

St Louis:
Renewal and Floating debt bonds.
Real estate and public buildings. .
Street improvement bonds
Waterworks bonds (old)
Bonds to Iron Mountain RR
do do North Mo. RR
Tower Grove Park bonds (gold). ..
Sewer bonds
Harbor and wharf bonds

Lafayette Park bonds

New water work bonds (gold)
do
do
(gold)
Kenewa and sewer bonds (gold)..

Renewal purposes, goldf & sterltng.
St. Louis citv bonds, g
d.coup ..
_

Bridge approach bonds, (gold)

bonds

Lake Superior A Miss. RR
tPaul & Chicago RR




1,000
JWVX/C 5

1855
1863

1872

1000&C
lOOOAc
1000* c
lOOOAc

fOOAc
1855
500&C
1858
1862
500&C
1863-64 500Ac
500Ac
1861
500Ac
1865
1866-67 500&C
500&C
1867
1870-72 500&c
1872 74 50" A C
1871-73 500&C
1850
1851
1853
153
1853
1853
1866
1869
1870
1870
1872

1373
1860-’69
1869
1860-’66
1858-’59
1866-’6i

isos-no
1871
1846-71
1840-68
1851-66
1856-58
1854-57
1854-55
1868
1855-69
1852-68
1866-68

500
500
600
500
500
500Ac
100&e-

246,000
233,000
308,000
700,000
450,000
647.000
550 000

1,700,800
375,500

500,000
600,000
300,000

1896

J

i

1977-1886

do
do
do
do
do
do

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

’otal funded debt, Jan..
Jan. 1, 1874, $53,165,556,

*75 to’85

*

N.

The total debt Feb. 1.1S74, was $7,527,301, including
the water loan bonds.
County valuation in

1893-’93
1874-1912
1913

Pittsburg.
Pitts., Phila. and N. Y.

Y., Bk of America.

157,000

590,000
115,500

488,500
377,000
250,000
197,000
246,000
385,000
350.000

.

1873, $19,000,000, cash valuation,
lation about 140,000.

K

500

117,000
349,500

1,000

531.000

1.000
500&C

A. A O.

6
6
5

J. A J.
M. A S.
J. A ,1.
J. A J.

6g. J. A J.
6g. J. A J.
Vari.
7g.
7g. A.A O.
7g. J. A J.
7g. M.A N.
7g. A.A O.
7g. A. AO.
7g. J. A I).
6g.

7
7
7

500,000

7

400,000
431,500
150,000
76,300
88,00°

36,600

J. A J.

6A7
7
6
10
6

M.A N.
J. A D.

F.A A.
M.A S.
M.A N.
J. A I).
J. A J.
M.A N.
,). A
M.A N.
J. A J.
Jy A J.
.

var.-

var.

J. A J.

var.

2,436,000

var.

var.

815,000
168,000
337,000

6
6

1,000

216,(MX)

1,000
1,000
1,000

312,0)0
316,000
914,000

Vari.
Vari.
Vari.,
Vari.
Vari.
Vari.
F. A A.
Vari.
Vari.

var

1 1,000

1,250,000

1571-73

1.000

1873
1874
1872

l.i KX)

1,083,009
1.074,(MX)

1,000

2,072,000

500

6
6

fig6
6

6

fig6gfigfg6g.

461,000

6g-

var

315,968

var

SOOAc

141.564
255.625
200.000

12&7
7
8

1,000

100,000

var

6

6

N. Y., Lees A M ailer.
Sail Francisco.
do
do
do
do
do
do
do
do
do

N.Y., Duncan, S. A Co.
do
do
do
do
do
do
do
do
do

do

io
do
do
do

do
do
do

Jan. 1. 1975
Jan. 1. 1888

real estate, in 1874, $31,040,30"; per¬
sona], $42,642,500.
Rate of tax, $14 50 per
$1,000. Sinking funds of 1885, $373,563; sinking
funds of 1893, $137,541 : H., P. & F. RR„ $147,679,

Population in 1870, 68.,904. against

July 1,1894
May 1. 1895
1. 1881
Get. 1,1887
June 1, ’82-90
July 1.1897
May, 1875
June, 1876
Feb.. 1878
Ma ch, 1883
Nov., 18S3
Dec., 1888
Feb., 1886
Nov., 1879
June, 1890
Nov.. 1900
Jan. 1,1902
July 1, 1903

do
Commerce.

N.Y..N. Bk Republic.

’80-’89

Nov., 1889
’80-’86

since

$4-500.000. Assessed value of real estate
$16.711,265. Population. 1870. 28,235, against 22,292,
in 1860. In 13i3 new bonds were authorized to
the extent of $400,000, and floating debt was near¬
ly all paid with the proceeds thereof. The city
holds property valued nominally at $4,324,500. In
1873 loans were issued to extent of $2,804,733.
Ir 1374 $2,072,000 will be required from loans for
water works, floating debt, and maturing bonds.
at about

I’opulation in 1870, 19,565 against 8,932 in 1860. In
1870 assessed valuation of property was $11,000,000;
rate of tax, IX percent.
The city owns
of St. Jo. A Denver C. RR. sto-k, $50,000 St. Jo.

$500,000

Topetta stock, $150,000 Mo. Valley stock, theit
value being nominal
Public builoings, Ac. are
A

worth

’78-’8G

1375-*91

do

1875-1906
187D-’86
1880-’83
1875-’77
1875-’75

do

$150,r00.

1860. City

I’opulation 1870, 310,864 against 160,773 in
and county gove nments and finances are sepa¬
rate
Total funded debt * pril, 1874, $14,803.00 '.

Aug., 1878

do
do

July 1,1874.

’

’78-’79
’86-’89
1891

Real

571,631 ; sinking funds raised annually amount to
$223,000. Tax rate, $1 50 per $100. All the values
for San Francisco are given in gold.
In addition
to the bonds given, there are also $350,000 issued

1893

Nov. 1,1891

49,129 in 1860.

: ’opulation in 1870,149,482 againBt 56,802 in 1860.
estate in the fiscal year ending June 30, 1874. was
assessed at $160,507,453; personal property at. $!00,

ALpnl

ST. Y. N. R’k Commerce.

do
ST. Y. N. B’k

1860.

Valuation of

’77-’78
Oct. 1,

St. Joseph Treasury.

10

6

do
do

var.

•

10

6

Jan., 1876
Sept., 1885
Jan., 1893
Jan.. 1900

Host.Revere Bk A Prov.

M. A S.

var.

125 00';)

var.

April, 1877

Providence.

do
do
do
do
do

31,413, against£6,341 in

1807
’75 to ’91

Boston A Portland.
do
do

do
do
St. Joseph Treasury.
>4. Y. Am. Exchange Bk.

M.AN.

500,000

3,950,000

....

monthly

27,310
99,000
198.000
5,000
64.500
937,500

38-1,800

Bk.

$146,584,000, Popu¬

Inking fund March 31,1874, $442,165. City is pro¬
tected by mortgages on At.& St.L. and on Portl.
A Rochester Railroads. Assessed value of real
estate in 1873, $17,775,300; personal, $12,045,712.
Tax rate, $25 per $1,000.
Population in 1870,

Nov., 1886
Nov., 1887
Nov., 1888
July, 1887
July 1. 1897
June. 1877

....

5 & 6

7
7
7
7
7
7

1867-70, 1,000

1868

Bost. Blackst. Nat.

6g. M.A N.

1,219,000
36,500

1872

J. A 1).

210, OiO

1,000

500
500
lOOAc
500&C
50
100 fee
500

Bost. Blackst. Nat. Bk.
do
do
do
do
Bost. Columbian Bank.

....

6

Floating debt. Jan. 1,

....

M.A N.
M. AN.
M.A N.
J. A J.

6
6
6
6

1873, $51,697,141, and on

1874, consisting of warrants outstanding, $2,165.3f4 : valuation of property for 1874, $565,519,095
real estate and $9,464,873 personal; tax rate $2 15
per
$100. , Population, 1870, 674,022. against
565,529 in 1860. (V. 18, p. 5>6.)

-

J.

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

4,000,000 9&6g.

500

Mt. Paul. Minn.:
Revenue Bonds
Preferred bonds
8 per cent

1.000
500* C

J

In aid At, A St. L. RR. Co
Providence, II. I.:

Bonds of 1855, coup, (gold)
do
do
1858, coup,
S. Fr.& St. Jose RR., coup.

1,000
1,000

186,3
1869
1870
1867-V.9
1872
1867-’68
1872

3 87
4 27
4 31
4 96
3 94
4 67
6 13
2 72
2 70
4 40
5 20

172,416,031
191,967,161
228,920,505
181,423,471
257,994,974
276,389,451

30, 18T4. the
foliar.
issued
the State sinking
all
Message

j

Compromise RR. bonds (cp A reg.)

1,725,000

•

....

1868-73
1845-72
1863

bds

S.139,811

....

•

’55-’71
’59-’70
’68-’70
’62-’65
’80-’70

for war and bounty purposes.
for municipal A school purp..

:
Water extension loan (coupon)
Funded debt & other municipal

*

16 36
13 45
16 08

3 62

174,624,806

1876
Nov. 1, 1877
Nov. 1. 1890

rt-©

J. A D.
M.A N.

....

State. City &
purp’ses. County.

1903

35
C«

M.A N.

7

estate.

valuation and

17 29
24 94
1865.. 427,360,884
19 06
1866.. 478.994,934
22 03
1867.. 5.55,447,062
70 17
285,199,972
1868.. 623,236,555
19 98
281,142,696
1869.. 684,183,918
19 80
305,285,374
1870.. 742,103,075
17 90
306,947,233
1871.. 769.302,250
33 St
306,949,422
1872.. 797,148.665
19 59
5 41
292 597,643
1873.. 836,693,3^0
21 05.
6 95
272,481,151
1874.. 881,517.995
For the fiscal year endirg September
taxforState purposes was 6'95 mills on the
The bonds last named in tne list were
to pay the city’s proportion of
fund deficiency, instead of raising the same
in on» yesr by taxatl n.
see Mayor’s
on Finances in Chronicle, V. 18.
p. 88?: re¬

Nov. 1,1891
Nov. 1, 1891
1875
Nov. 1,1891
Nov. 1. 1882
Nov. 1, 1875
1394-13'. 6

x

M.AN.
M.A N.
M.A N.

6
6

3

-

a) ao
o <i>

....

6g.

Personal

estate.

.

76-’77-’7?-’68
1379-1882

-

^ £

1,000,000
855,201
1,707.400
493,700
52,000
100,000
8.985,500
6,000,000

....

be

M.A N.
M.A N.
M.A N.
J. A D
M. AN.
M. AN.
M.A N.
M.A N.
M.A N.
M.A N.
M.A N.
M.A N.
M.A N.
M.A N.
M.A N.
M.A N.
M.A N.
M.A N.
M.A N.
M.A N.
M.A N.

6
6
6
6
6
6
7
6
6

745, 00
376.600

lOOAc
500&c
100Ac

o

property

of

Real
Year,
1861..

406.955,665
1862., 399,556,404;
1863,, 402,187,382
1889-1892-1696
1864.. 410.774,435
1889

2

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

6
7

1894
1897
1897
1888
1889

o

,Q

Phila., F. A Mech.N.Bk.

Bonds issued
do

6
6
6

521 953

*

Repairs to buildings, stock
Consolidated stock, coupon
Accummulated debt bonds
N. Y. A Westchester Co. Imp. bds.

do

300,000
400,000

1

100&C
100&C
•.

6

7

1878

■S

M& N.
M.A N.
M.A N.
M.A vs.
M.A N.
M.& N.
M.A N.
M.A N.
M.& N.
M.& N.
M.& N.
M.A N.
M.A N.
M.A N.

7

8,089,100

...

1862-8
1871
187?
1872
1864

do
do
Assessment fund stock

Consolidated stock
For State sinking fund

75,000
40,000
181,000
75,000
451,200

....

•

Q.-F.

6
7
7
6

2,748,000

100&C
’OOAc
100&C

...

Third District Courthouse bonds ..
County Court House stock,
do
do
No. 3...
do
do
No. 4...
do
No. 5...
do
Sol. subs. Red. bounty bonds
Sol. bounty fund bonds
Sol. subs. :ind Relief Red. bonds
Sol. bounty fund bonds, No. 3
Sol. bounty fund Red. bonds. No. 2.
Riot damages Red. bonds
do
do
indem. bonds,
Assessment fund stock

Philadelphia

100Ac
lOOAc
lOOAc
lOOAc
100&C
100 A c
lOOAc
100&C
lOOAc
lOOAc
lOO&e
lOO&c
500&C
lOOAc
100&C
100&C
lOOAc
l'O&c
lOOAc
10 '&o
500Ac
lOOAc
1K)&C
lOOAc
lOO&c
10'Ac
100&C

1860
1865
1868

in our Tables.

notice of any error discovered

INTEREST.

ISTT-’Sft

do
do
do
do

Vail.
J. A L).
A.AO.
Vari.
MAN.
J. A J.
J.AD.

1875-’76
Louis.
?lew York A St. Louis. June, ’87-*90
i4. Y.. N. Bk Commerce. April 1, 1892
189V93
do
do
1893
Jfew York or London.
July 1. 1891
do
do
* ’. Y., N. Bk.Commerce. Dec. 10,1892

M.AN.
M.A N.
Vari.
J.AD.
J. AD.

S t. Paul and New York.
do
do

Assessed valuation of all citv property (abot t 60
per cento! actual value),
not Include the 13th ward; tax late
s IX per
cent. The geld loan of 1874 was taken for a Lon¬
don Rouse at 9S,lees2 per cent « ommlssion. (V,
18, p. 143.

$U2,109,270, whh h does

St.

N.Y., P.M. Myers A Co.
: Nf. Y., Jay Cooke A Co.

iI. Y.,Farm. L. & T

Co.1

’74-’90
*74-*86
1889-90-90
’88 A’98

1900

P

lation 1870, <*),080

1

against 10,400 in 1860.

Assess •

valuation of taxable property, $13,194,285
or about one-fifth of the actua lvalue.
Tax rate
!4 mills. A decision was made in < »ct.# 1872, con¬
firming validity of the railroad bonds. ' v. 15
626.)
ed

EAILEOAD STOCK AND BOND LIST.
(Entered according to act of CongreM,ln tne year 1875 by WM B. DANA & CO.,in the office of the Librarian of Congress, Washington, D. C.)
will confer a great favor by giving ns Immediate notice of any error discovered In

Subscribers

« +

.

Miles!

DESCRIPTION.
For full

.

Albany City loan
2d mortgage
3d mortgage

Alleghany Valley—stock

funding ineome I) nds, guaranteed
Alex. it Predricksburg.—1st mortgage
Arkansas Central—1st Mortgage, gold—.
Ashtabula, Youngst. it P.—1stmortgage ..
Atchison it Nebraska—1st mortgage
Atchison, Top. it S. Fe—1st M., gold
Land grant m >rt., gold (onj3.000.000 acres)
Wichita & S. 'V.. 1st mort., gold, guar—
Atlanta
Richmond Air Line—1st mort...
Atlanta & West Point—stock
Atl. it Gt. West—Stock (Total, $40,000,000.).

division

do
Leased lines rental gold b<>nds(Cl.& M.)
do
do (P. P. P. V.&S.&A.)
Western Extension Cei tf.(Cl.,Col.G.&I.)
Atlantic it Gulf— common siock
Guaranteed stock
Consolid, 1st mortgage
-

int. funding

Augusta it

•

1871
.

.

8,360,000

UK)
£100

£100
£200
100

4

100
100
100

....

....

...

....

1850
do
1353
do
1870, sterling, £'00,000
Baltimoie loan, 1855-90
do

•

•

•

....

.

sterling

411
421

Sterling mortgage

sinking fund
N. W. Va., 3d mortgage, > 15:5-85
Balt.A: Potomac—1st mort.. (tunnel) gold..
1st mortgage gold (main line'.
Bangor it Piscatamtis—Bangor loan, 1st M.
Belleville it South III —1st M., skg fd, guar .
do

Delaware—stock
1st M., bonds of 1882, (guar, by C. & A.)..
2d M.,
do
1854, (
do
do
)..
3d M.,
do
1857, (
do
do
)..

.

....

.

....

91
49
56

67

Belvidere

....

t

1862
1854
1857

....

21
270

Berkshire—stock
Boston it Albany—stock
Albany loans (Alb. & W. stkbdge)
Dollai bonds (West’n R. Ii.)

1341

39
156

IR.55

Lowell—stock

ioo
100
1 000
500 kc

-

•

^

10
6 g10

‘

160
66
139
139

.

.

.

.

#

..

.r

1873
1 SB 1
1866
1866

....

,.

....

i,6oo
1,000
....

500

113

Mortgage, wharf purchase

1,650.000
839,250
579,500
1,710,500
8,525,456
8.352,246

2,000,1)00
9.374,112

9,630,000
140,000
1,500.000
3,000.000

63

RnfT.Brad.it Pfttsb.—G’l M. (inc.10,000ac Id)
Buffalo. New York it Erie—stock

1st mortgage bonds
Buffalo, N. Y. it Phi la.—1st mort.. gold....
2d mortgage for $ l .000.(00
Burl., C. Rapids it Minn—1st M.,gold, s.f..
1st mort.. g .Id, (Mil. Div.) coop, or reg..

equipment M. (for $2,000,000)

Burlington <(• Mo. River—stock
Preferred stock
1st M., on road tfe 400,OKX) acres land.
Bonds conv.intopf.st k (2dseries).
Bonds conv. into pf.st’k (3d series).
Tne bds conv.t > com. d k, (4th ser.).
°
S’
1st mort. conv. on nr’ne.h, (5tb set.).
o 3
Convertible bonds. (6th series)
Burl, it Southwest.—1st M.,cp. mav be reg.

100
’7o-’»4 .500&C
100
1873

720,000

140
83
229
110
443

1857
1671
1873
1869
1372
1871
....

443

281
....

40

1863
1866

1868
1869
1869
1870

105

1870

499.500
745.000
600.000

103.000
665,00.)

5
6
6

20.000.000

1,000,000
150,000
200,000
621,000
966,400
273,000
15,000,000
5,000,000
5,300,000
3.600,000

3,200,000
7,000.000

2,C00,000
4.(H ’0,000

500,090

1,000

2,000,000

K0&C

2,296,000

1,000
1,000

5,400,000
2,200,000

281 500

8
3

of

July, 1888

do
do
do

Nov.

1891

Nov., 1891
Nov. 1 1901
De^. 1,1883
June 1,1885
Dec. 1, 1863
Jan. 1, (8^4

no

do
do

annum.

N. Y.,

Russell Sage.

and leased
$5,630,439.

Jan..’77-’79
Mch 1, 1902
1910

1885

1,1911 Bonds are guar, by Pa. RR. and Northern
Central. (V. 19. p. 295 ; V. 20, p. 85.)
1,1911
1, 1899 $122,000 of these bear 7 per cent.
1,1896 L’seil to S.L, A& T.H. (V. 18, p. 143.)
Leased to United Co.’s and Penn. R.R.
Floating debt. $1,237,837. Net earnings,
1877
in 1873, $324,288.
1885

July
Apr.
Apr.
Oct,

N. Y.. Duncan, S. & Co.

Philadelphia.

1887
Jan. 11,1875 Leased to Housatonlc, at
Nov.16,1874 Net earnings lor year

7 per cent, per yr
ending Oct. 1, ISi4.

•Julv, 1876
Ocr. 1,1875
1391-92

Inly 1,1881
1889 & 1890

4,898,350
600,000
566,000

Boston.

July, 1900
July, 1900

J. &
J. &
Hg10
J &
7 g. M. &
7 g. F.&

310,000
856,500
43- ,500
m.

r*

1

7
8
8
8
8
8

„

$2,411,916; against $2,236,870 previous
vear. $5,000,000 new bonds authorized m
F> b.,’75. Report inV.l9.p.502; V.20.P. 14,162
Stock. $872,600. Net carn’gs 1873-74,$219,767.
leaving a surplus for the year of $25,862

over Interest. Ac.
1881, 82&\83
A0V.9,1874 Gross earning for year ending with Mch,
1874, $6S7,128; expenditures, $550,981; net
earnings, $136,147.
July, 1875
1. 1875
July

New York.
do

7

5
5

$32,144,160 in the value of its assets above
its sto: k and debt.
See report in
chronicle, v. 19. p. 526. (V. 18, p. 166,
502 ; V. 19, p. 397; V. 20, p. 183.)

1885
1895
1890

-

Boston.

.

iS99

Boston, at Office

Ja ’. 1,1875
Oct. 1,1879

do
do
Boston, at Office.
do

Apr. 1,1892
^ov.14, '74
Jan. 1, 1893
Nov.14,1874
July 1, 1893

Boston, at Office.

New York, Erie R. R.
N. Y-, Bk of Commerce.
do
do
D.
J. N. Y., Farm. L. & T. Co
do
do
J.
N. Y or London.
N.
do
A.

J. & J.
F. & A.

3%

Missouri Pac.
and the
19,

Nov. 2, 1874 The gross earnings of the main
lines last year, ending Sept. 30,1*74, were
Nov 2,1871
$14,947,090. and net earnings.
Oct.21.1874
The Chicago line was completed n Nov
1875
1874. The comnanv claims a surplus 6f
1880

18^9
1893
1884

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

1

3
6
7
4
7
5
7
7

Leases the

road. Interest was passed. Jan.’74, on the
L’d gr’t bonds, the 2d mortgage
interest scrip. See Chronicle, v. 17, p.
3S7. 213. 323, 834 ; V. 18, p. 7, 143, 190; V.
p. 3)7.

of Comp’y. July, 1888

Boston Office.
New York.
Boston Office.

,

S.
Boston, Co.’s office,
do
do
S.
Boston and New Vork.
O.
Boston, by Treasurer.
J.
do
do
J.
Boston & New York.
A.&O.
do
do
J. & J.
do
do
J. & J.
Boston, Co.’8 Office.
M. & N.

M.&
M. &
A. &
J. &
i. &
■

and

fioin

reorganization as N. Y. &

N. Eng-

Operated with the Nashua & Lowell. 69 per
cent to B. & L. 31 percent to N. & L
(V. 20. n. 14. «5.)
Report for 1873-74 in V. 20. p. 14. Net
earni' gs $761,640. (V. 20, p. 14,85.)
Net earnings, 1873-74, $456,256. (V. 18,p.5G.)

Jan 1,1896 Leased to Erie for Interest, &c.
Dec., 7874 Leased to Erie ip 1963, for 490 vrs, at 7
cent on stbek £ Int. & sink, fund on
Dec. 1,1877
Chronicle, V 19, p.454.
July 1, 18°6

July 1,1893

May 1.1919 Stock.$3,827,525. Int. in
Feb., 1902
(V. 17, p. 35b. 646, 752;

per
be?.

default. Nov. 1873.
V. 19, p. 142.)

Sept. 15,’74 The 2d and 3d series of bonds have traffic
guarantee of Chic., Bur. & Q, An agree¬
Sept. 15,’74
ment of consolidation and a perpetual
Oct. 1, 1893
lease to Ctdc., Burl. & Quincy, was
July 1,1875
made in October, 1872. See last report in
July 1, 1878
Ciikomcle, Vol. 18, p. 271; also, V.19, p.
Apr. 1,1879
•

•

•

July 1, 1894
July 1,1889

35U ;

V.20. p.139.

May 1,1895

information. The letters s

will often be lounl under the consolidated or lessee’s namo.

The figures 100, &c., signify 100 andl arger.
stock or set ip.
r
; M. & N., May & Nov; J. & D. June & Dac. Nf —J. ■
last dividend was paid on stock.

and bonis

tuu

The

of Chronicle containing fuller

figures sometime* given in brackets, at the end of remarks, refer to the volume
page
“sinking fund,'* and 1. gr. • land grant.’’ Companies consolidated with, or leased to others
the miles of road operated; for bonds, the miles covered by the mortgage.
t These figures are (toll u s.showing the ucuGiuumuivuo ui par value vi douu issue u stocks
denominations or
ot eacn iocuc of
t The Interest ne.r a \num is given on bonds, but the l ist divide id on stocks ; g means gold ; x, extra; s,
F. & V., Fob. «S Aug.; M. & S., Mar. & Sept.; A. & G.f April & Oct.
J. & J. stan D for Jan. .fc Jnlv
auartcrly from January Q—F., quarterly from Feo.; Q.-M., quaiterly
Marco.
dates show the period whan the principal falls duo of bonds but the time when the
These
mean

For stocks, this mean®




issued.

1,000,000 acres.

•

16,532,552

the July'coupons.
Funding
$153,423, due in ’75 and ’79 were
(V. IS. p. 7, 65, 454 ; V. 19, p. 246.

A oonsolidation Oct., 1870, of At. & Pac.
anil Southern Pacific. Land grant

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

6&?
7
7
7

ending Sept. 30,1874.

but paid
notes tor

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

6
7
6

Note.- The
*

Gross earnings year

$1,825.3JS ; expenses, $1.0.72,723; net earn¬
ings. $727,619.
Of the $15.(00.000 loan
enough is held to retire ail the ol 1 debt.
The Co. funded o ie coupon, Jan.. 1874,

July 1.1884
Mch 1, 1900
Jan. 1, 1875

do
Boston, Kinder, P. & Co
Q-J.
Boston Office.
M. & N.
do
J. & J.
Boston, at Office.
A. & ().
do
F. & A.
J. & J.
Bost., Boston Nat’l Bk.
do
J. & J.
do
A.& O.
Boston Office.
M. & N.

IK

$800,000

Co. itself
$3,411.2(0 of the common, all the
and $165,700 of the guar, stock.

Aug., '1874 Leased for 999 years, from July, 1853, to
Grand Trunk R.R. Annual rent, 6 per
R.R. Sep. !5,‘74
cent on bonds anu stock.
Portland.
May 2, 1886
Oct. 1, 1884
Lornl ui, Gd Tr. RR.
'’ct. 1, 1891
do
do
Nov. 1,1878
do
do
Savannali.
Dec., 1874 Leased to Central of Ga.for $73,000 per

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

1,000 l20,00Cp

pref.,

Jan.1.’84-90

do
do
Portland.
London, Gr. Trunk

A. & O.

6
6
6

580,000
950,000

100
100
50&C.
500&C
500&C
500&C
500A: c
500&C

holds

Jan.1,’86-90

Baltimore Office.
5
M.&N.
do
M.&N.
3
do
5
A. & O
J & J
6
Balt., Mech. Nat. Bank,
do
do
6
J. & J.
Baltimore Office.
6
A. & O.
London.
6
M. & S.
Baltimore Office.
6 g.
J. & J.
Loidon. Naylor & Co.
6 g.
J. & J
London.
6 g.
M. & S.
do
6 g.
A.& ().
6
Balt., Mecli. Nat. Bank.
J. & J.
Baltimore or London.
6 g. J. & J.
do
6 g
A. & (*.
6
Boston, 2d Nat Bank.
A. & O.
8

is common,

pref., and $276,200 guar.; tne

-

•••••••

no

M.&N.

1,000,000

100

1,0001

26
142

Of the stock $5,945,700

1901

July 1.1893
Jan.1,’64-90

do
do
(lo
do
do
do

do
do
do
do

M.&N.
J. & I).

1,100,000
995,800

999.500

1872

743

,

$1,005,947, being
earnings,

•

„

Jan. 1,1877
Jan. 1,1877

Y., 1st National Bk
do
do

N. Y., Office
do

M.&N.

I

.

•

„

Lynchburg Office.
National Bk. July 1,1880

A. & O.

g.
g.

2X

200,000

rt. RR

g.

6

.

.

Oct. 1,

II. Y., 1st

Q-J.

g.

3
6
6
6
6

499,600
600,000
800,000

t

S. & Co.

do
do
do
do
do
do

F. & A.
M. & S.

O

400,000

+

„

6 g.
6 g.
6 g.

4,790,000

UK)
100

93
93
„

6g.

1,000

1,000
*

J.& J.
,J. & J.
M.&N.
M.&N.
Ill 1V0L
J.& !).
J. & I).
J &J.

6 g6 g•

1,000
l,00ti

160

N.

•

1854

29
43

July, 1887
.

in 1873,

$21,981 more than in 1872. Net
$267,856. (V. 18, p. 143, 479.)

....

’69-’70

—

fiitchb.—1st M., Agric. Br
Moitgage bonds, 1869-70
Equipment notes
Boston, Concord if- Montreal—Preff.stock..
Other stock, includ’gold dlv’ds & new stk
2d M. bds, conv. (71 m. & 1st, 22*^)
2d Vf. bds, conv. (71 m. & 1st 223%)
Sinking fund bonds
Consol, more bonds (for $2,000,000)
B., II.it Erie (now N.Y.& N.E.)—1st M. old
1st mortgage (Berdell)
1st
do
do
guar, by Erie
Floating debt
Mass, loan,(secured by $4,000,000, Berd.M)

....

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

•

7

’71-’7'2

Dollar loan
Bost., Clint, if-

....

Gross earnings

*

713,000
484,000
733,700
129,500
13,143,400
3,663,400

1855
1850
1853
1870
1855
1874-5 £200
£100
1872
£200
1874
1855
1871
1,000
1871
1,000
1869 500&C
1866
1,000

.

....

1,500,000

•

4

....

-

.

7,188,500
2,829,000
2,0:5,500
1,190,000

....

1868
1864
1871
1853

6
6

10,000,000
1,400,000

„

,i874

.

©

8
8
8

£100

.

Nov., 1902
Jan., 1902
Jan., 1903
iuly 1,1876

„

7
8
8
6

1,000

,

.

....

53
53
538
52
30

7

791,0.0
529.600
753,000
513,946
500,000
35,128
4,964,872
787,000

;

.

....

150

Ohio—stock

Income and

*

1871

150
150
150
150
150

skg fund —

Bonds
Boston it Maine—stock
Bonds, coupon & reg-stored
Bost it trovidence—stock
Bonds to purchase P., W. &

.

1868
1868

•

.

Preferred stock
Washington branch
Loan, 1855, sinking fund

Boston it

var

100&C
100
100
100
500&C
'iOO&c
500tfec
500&C

Jan., 1902
Sept., 1902

....

452,c00
990,000
963,000
87,811
226.300

1,000
1,000

....

....

Ijvorence—stock, currency..

Short notes,

•

J.&
J. &
.1. &
J. &
J. &
J. &
J. &
J. &
J. &
J. &

7

621,000

200&C
200&C

....

A.&O.

N. Y., Duncan,

7
,

4,000,000
306,000
157,000
458,000
675,000

1,000
1,000

1874
.

4

4

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

3M

464.000
200.000
6.921,900

500&C
500&C

1869

....

for bonds).

*

Savannah.

g.
g
gg.
g.

....

5,470,000

var

328
323
323
293
293
293
35

Savannah—stock

Bonds
Baltimore it

»

1866
1866
1866
1354
1865

....

gold
At. & Pac., gold
do
land grant
Income bonds for funding
Equipment bonds

Stock, sterl ng
Portland city bonds, 1st M.,
2d M. sterling, 5-20 years
3d M.
do
do
Sterling bonds, not mort

•

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

8

2,310,200

1871
1857
1857
1368

....

2d M. At. & Pac.,
1st M. Cent. Dlv.
1st M.
do

Atlantic. it St.

•

133
133
133
214
2:4

M., (South Pac,,) gold (land grant)...
M.,At.&Pac.,gld,on 500,000 acres land.

Interest scrip (exchangeable
Lan i debentures

•

New York & London.
do
do
do
do
do
do
do
do
London Co.’s Office.
do
do

7 g.

736.476

500&C

OCt! 1,1676

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

7
7
7
7
7
8

earnings. Interest on bonds in default
since July 1, 1874. Last statement to
Ocober 1. 1874, in v. 19, p. 637. Pro¬
ceedings looking to foreclosure are In
progress: see also, V. 18. n. 272, 480, 527 ;
V. 19, p. 16, 142, 617. V. 20, p. 8 \ 139.)

....

"7*

3,693,200

100

is-ii

..

bonds

100

81
81
81

Atlantic it Pacific—Common stock
Preierred stock, Mo. division
do
do
Central division
1st
1st

•

-

,J.

....

2,116.300
14,92:,200

.

-

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

'A

....

10,173,679
23.783,000
1.000
5,355,000
2,931/00
1,000
500
1,979.000

1867
-

3

24,795,298
9,876,250

500&C
500&C
500&C

....

58
428
428
428

...

registered certlflc’s

1871
1871
1871
1372
1373
1873

286
58

4th mortgage

do
do
do

do
do
do

.

...

....

Noriolk& Petersburg—1st mortgage
do
do
do
1st
do
do
2d
do
South side—1st pref. consol, mort
do
do
2d
do
do
3d
*

100
100
100

,

....

346

Atl., Miss. db O.—Stock (com., prf.& guar.)
1st mort. consol, gold, (for $15 000,000) —
2d mort. to the State (no int. till 1880) —

Virginia & Tenn. -enlarged mortgage

,,,

,

7

Int.

1,000
1,000

1870

^

2d moitgage

do

do

500&C
500<fec

4b0
460
460

Georgia & FI., 1st mortgage

Bo.

1,000

1869

87
585
585

do

do
do

500&C

1871
1871

265*^

N. Y., Third Nat. Bank. June, 1901 Interest In default since Jan., 1872.
Jan., 1889 For the latest order In regard to this road
N. Y„ Duncan, S. & Co
see V. 19, p. 246.
Noticed for sale March
Jan., 1889

J. & J.
J. & J.

®

i,6oo

1870
1872

Whom.

REMARKS

creditors.

1871

27 M

general mortgage

50

1,000

„

„

1.U00
500&C

1861
1370
1371
1874
1866

150
470
„

1,000
1,000

....

51
43

_

100

1865
1869

by

onr Tables.

8. (V. 18, p. 143, 217: V. 19, n. 38 1 65.)
N. Y., Bk of Commerce. Jan. 1.1875 Road leased Feb. 24.1870 to Del. & Hudson
Canal Co., for lnOycars.at 7 percent,pei
J. N. Y , D.& H. Canal Co July, 1883
annum, on stock and bonds—lessee as¬
Nov., 1895
do
do
6
N.
suming the payment on both.
Oct, 1885
do
do
().
7
2,000,000
May, 1881
do
do
N.
7
434,000
Financially embarrassed. Floating debt
2,256,400
large. Adjustment made with
J. & J. N. Y., Winslow, L. &Co Mar.l, 1896
7.30
3,916,000
Last annual renort in V. 19. p 117. (V.
’
5
January. Harrisburg, Treasury.
3,500,000
18. p. 512; V. 19, p. 15, 117. 246, 582.)
Oct., 1901
10,000,000 7 or 6g. A. & O. Philadelphia or London
1894
7
(?)
June 1.1896 CnROJUOLE, V. 15, p. 252.
Phila., Penn. RR.
7
J. & I).
1.000,090
London & Amsterdam. July. 1891 2 l M. $660.(00, hypothecate !. (V.19,p.365.)
7 g. J. & J.
1,200,000
Leased to Penn. Co. for net earnings.
1901
"I g. A.A (). N. Y., Winslow, L.& Co
1,500,000
Sept. 1,1896 Int. default Sept., ’73. V. 17. p. 3J3.645.752
Boston, at Ottice.
8
M.& S.
3,750,000
N. Y., G. Opdyke & Co. July, 1899 Df faulted 1873. Treasurer's circular, V.
7g. J". & J.
7,042,500
Oct. 1, 1900
20, p.161. W. & S. W. leased and
Boston.
7 g. A.& O.
3,521, OOC
(V. 19. p. 363; V. 20, p. 161.)
vuar.
Julv 1, 1902
do
7 g- J. & J
412,000
July 1,19(K) Defaulted. (V.19,p.167.582,617; v.20. p.14-85.)
8
J. & J. N.Y..M.K. jesup P.& Co
4,248,000
4
J. & J. Atlanta,Ga..at Treasury Aug.l, 1874 $100,000 bonds authorized July, 1874.
1,232,200
Leased to Erie for 28 per cent of gross

1,000

1865

Payable.
J. & J.

8

Payable and

Where

8

5

Bonds, $
Principal
when Due,
Stocks,
lastDivi’d.

DIVIDENDS.

When 1

l

8

1,600,000
220,000
2,673.000
450,000
5,000,000
1,000,000
933,000

1.0U0
1,000

i863

132
132
112

Gen. mortgage
Bonds to State Pa. (endorsed). 2d M
1st M.. east. Extern, guar, by Pa. RR..

Iso
2d
3d

1871
1869
1869
1872

201
142
142
142
142
262

Albany it Susquehanna—stock
1st Mortgage

standing.

co*

296
296

Ala...

guaranteed..

(for $1,200.000)

Preferred stock
Old l-t mort bonds, Ohio

22 L

81

mort..

Rate
per 7
Cent.

Out¬

© >

o a

notes.

Ala. Central—(Selma & MerU.)—1st
Alabama AChalta—1stM.,gld.guar.
2d M., $9,000 per mile not

INTEREST OR

Amount

of*
Road

explanations, see loot

Receiver’s bonds

[February 27, 1875,

CHRONICLE.

THE

212

_

February 27, 1S75.J

AND BOND LIST.

RAILROAD STOCK
Subscribers will
DESCRIPTION.
For

Miles
of*
Road

explanation of all references see foot
notes on first page of RR. tables.

<a

1869
1873
1872
1871
1871
1869

242
212

1313
1874

156
141

.

”60

Mortgage
Canada Southern—1st M. gld, s.f, cp & reg
Tol-.C. S. & Dec., 1st M. ior$L OO/OOO...
Erie & Niagara, 1st M, for $600,000
Carolina Central—1st mort.. gold, coup
Income bonds, coup
Catawissa—common stock
Camdend Burl. Co—1st

New

Minn.—Bonds on 1st
div, s.f

i864

llK)
500* c
500* c

division,s.t.

cent

(*j,000,000) coup.

Gen. mort (joint) bonds
Macon & Western bonds
Bonds for steamships

*

Mortgage jonds
Bonds (convertible Nov., 1875 to 1877) —
Consol, mortgage (for $25,01.0,000)
Newark* New York, 1st mort
Lehigh &Wllkesb. Coal Co., 1st M. guar.
Central Ohio—Common stock
Preierred stock

1

;

Preferred stock
General mortgage, stc

1,000

2,500,000

1.000
500&C
£200

100

65-’69

1.000
1,000

1864
1862

1870

i',660

51,275.500
25,883,000
1,500,000
1,483,000
6,080/ 00
25,885,000
2,735.000
1,970,000
6,('00,00o

1869

l‘,66o

i<68

i (Vh

1872
1870
1870

1.000

1869
1872
1871
1871
1869
1869

,

lstM.as8Uin.by C.& A.
do
do
2d M.a-sum.by C &A.
do
2d mortgage
Louisiana* Mo., 1st M. (In progress)
Chic., Burl, d Quincy—stock
1st mortgage, Binklng fund, (trusf)
do
do
convertible ...
Consol, mortgage coup, (for $30 000,000)..
North Cross R. 2d mortgage, gold
Trust mortgage (Bur. to Peoria)
Plain bowls (coupon or registered)
‘ OS’S
Carthage & Burlington, 1st mort
do
do
d>*

Dixon,Peoria* Han., 1st mortgage. e£
American Central, 1st mortgage
Peoria & Han., 1st mortgage
i s_
Ot tawa, Osw. & Fox Iiiv., 1st mort..
Illinois Grand Trunk.1st mortgage,
c.?
Quincy & Warsaw, 1st mortgage. .. I % ~
Keokuk* St. Paul. 1st mortgage.... J
Chic, d Canada Southern—:st mort., gold.
Chicago, Cin. d Louisville—1st M
Chic., Clinton d Dub—1st M., cp.. reg’bl**.
Chic.. Danville d Mncen—1st M.,gld,S. F.
Ind. exten.. 1st M., gld (2d M. on 114m.).
Chic., Dub.d Minn.— 1st mortgage
Chicago d Iowa—1st M., coup., may be reg.
Chicago, Iowa d Nebraska—stock
2d mortgage, (Now 1st)
3d
do
(Now 2.1)
Chic, d Mich. Lake S.—1st mort. j coup’n
_

I but
(maybe
j regis’d

Chic Milwaukee d St. Paul—Com.
Preferred 7 per cent stock
Consol, mort. (for $35/00,000)
1st mortgage
2d mortgage

stock..
i

6)5*^
U

”32
40
51
31
70
44
40
43

”73
60
114
32
131
80
82
82
82

195
195
195

52
1395
1895
1395
370
870

O-W

,

Oshk..

85

"i97

le

J. & J

Is
3
6

M.&N
J. & D.
J. & I).
M. & S

5 £
6 g

&0.

J.’&J."

1872

6 g
7 g.

79.\000

2,153,300

100
100
100

807,000
500,000
8,929,900
1,007.900
2,425.400
4,000,000
43,000

UVK)

1862
1863
1862

1,000
1,000
500* c
100

1864
1864
1868
1868
1870

1,000
1,0 0
1,000
1,000
1,000
1,000

2,393.000
1,087,000
1,500,000
336,000
2,365,000
564,000
188,000

100

360,000
2,360,000
19.8 >7,010

i858

1,000

2,192,000

1858
1873

1,0 0

1872
1869
1869
1868
1868
1810
1870
1870
1869
1872
1867
1871
1869
1872
1871
1311
I860
1863
1869
1370
1671
1872

1871

1,000
1.0(0
500* C
500* c

150,000
(?)

941,000
680,000
7,029,875
398,000
655,000

1,000
1.000

41! OCX)

l.tto
500&C

934 000

1,000
00* c

1,:HK)
500* c

1,000

600,000
960,000
'■2 ',000
819,000
2,500.000

1,0)0,000
1,500,000

2,500,000
1. 00
1.000 18,500 run.
1.000
4,350,000
1,000
100
100&C
500* C

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

1,750,001'
8,838,200
568,200
211.500
500 00)

3,500,000
1 350,000
1,300,000
100 15.399,261
100
2,274.483
900,000
1,000
5,527,000
1.000
1,000
1,191,000
781.500
1,000
1.000

3,810,000

1,000

190,000
1,008/0*1

1.000
1.000
1,000

1,000
1672
1872
1373
1873
1866

1859

1.000
£100

l.OiKI

M.’&'N

^g‘

100,000

160.500
1,220 331

1873

iS57

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

8,674,000
1,315,000
230.500
234,000
4,000.000
1,350,000

1,000
1,000
1,000

2,500,000

100&C

1,242,700

245,000
3,500,000
100 14.993,030
100 21,484,113

6
8
8

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

&
&
&
&
&
&

J.
J.
J,
J.
J.

J.

J.
J.
M.
•
M.
5
sx M.
M.
5
fig- J.
M.
1
J.
7
7
.

V

8
4

7
7
8
8
8
8
7s.

7 bds.
7

7
7
8
7
7
7
8

7 3.10
7
7

?*•
7
10
7

S*

of tlie annual report
in the Chronicle, V.

Y..M.K. Jesup.P.&Co.

Philadelpiiia.Penn.RR.

Oct.

& J
& J.
& N.

1872. $G36,4.i2, net earnings
Cost; of road :md equipment
(V. 15, p. 628.)

Gross earnings

$291,004.

$5,017,830.

Y,* 1901 Leased to P., C & St. L. (v. 16, p. 524.)

30, 1874,
earnings.

18)3
Net income, 1873-74, $184,295. (V. 13. p.
Jan. 15,18’
1875 & 1H80
May, 18T2 Leased to Ph.& Ii. road. In hands trustees
Mar. 3,1875 Annual repori for 1874 shows gross earn¬

do

Philadelphia.

& S. N.Y.M.K.Jesup, P.&Co. Mar.
3, 1875
do
do
& S.
Mar. 3,1875
do
do
& S.
Oct. 1.1903

Lond’u.J. S.Morgan&Co
J.
Nov.,
N. N.Y .M.K.Jesup,P.&Co.
Jan.,
do
do
J.
Jan.,
do
do
O
April,
N. Y. U. S. Trust Co.

Q.-J.

J.&I).
& J.
J. & J.
J. & J.
F. & A.
M.& S.
J. & J.
M.& N.
M. & S.
J. & J.
J. & J.
J. & J.
J. & J.
A. & O.
M.& N,
J. & J.

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

ings cf $5,126,228, and net earnings
ot
$2 224,816. against $2,121,286 in 1673.
Joliet & Chicago Railroad is leased
forkinterest on stock and bonds. St.

1877
1893
1883
1875

RR.

July, 1882
April, 1894
Apr. 1, 1S94
do
July, 1896
do
July, 1898
do
do
Aug.. 1900
do
do
N. Y., N. Bk of Com’rce Sept. 15,’7)
Jan. !, 1883
do
do
Jan. 1,1883
do
do
July 1, !90)
Boston office.
July 1,189
Frankfort.
N. Y., N. Bk of Com’rce Oet. 1.1890
Jan. 1,1896
Boston, Co.’s office.
N. Y., N. Bk. of Com’rce May. 1879
July, 1889
do
do
July, 1878
do
do
Julv, 1878
do
do
New York and Boston. July, 1900
Oct., 1890
Boston.
New York and Boston. July, 1890
Boston.
1 April, 1879
N.Y.. Union Trust Co, Ap: il l,1902
N. Y.,Farm. L.& Tr. Co Jan., 1887
Bost., at C..B.& Q.Office June 1,1896
New Vork, Co.’s Office. April, 1909
April, 1912
do
do
Bost.. C., B. & Q Office. June 1,1396
July 1,1901
New York & Boston.
Boston, by Treasurer. Jan. 1,187^
Boston. Merchants’ Bk. July !, 1888
Aug.15,1892
N. Y., Park Bank.
Y.. Farm. L. & T. Co. Sept.. 1889
Boat., I. Livermore, Tr July, 1890

& Chicago
Louis, Jacksonvil'e
leased at $240,000 ner vear.
1 ouisiana &
Mo. RR. built and operated under con¬
tract.
(See V. 10, p. 479.) Of new mort¬

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

do
do
New
do
do
do
do
do
do
dc
do
do
do

made In 1873, $3.470,000 Is to retii e
onds and balance for .steel mils
anu oilier improvements.
(V-18, p. 350;
V. 19. p. 16, 479; V. 20, p. 176.)

gage
obi 1

do

do
do

York,Offlce.
do
do

do
do
do
do
do
do

Stenses, $6,513,512 ; &ret leases or extends
Q. earnings, $5,131,05. The Chic.. B.
giving

aid to numerous branch roads,
them a traffic guar., (usually 40 or 50 p.c.)
for purchasing their
the consol, mort. s reserved to take up

bonds. Enough of

prior debts.

Latest

D.
A.

D.
D.
F. & A.

(V. 20, p. 15, 37, 60,184.)

prospects, V. 19, p. 502.

Defaulted I)ec.’73. (V. 20,p.
Defaulted 1873, a .d funded.
1874. $330,515. (20. d.15,42,
Defaulted Dec.,’73. (V. 20 p.

85, 184.)
Not earnings

60.)
85, 139, 184.)
Traffic guar, of C., it. & Q. 40 per cent.
Leased in perpetuity to Cmc. & North¬
west. at 37K per cent, of gross receipts.
The first mortgage*,

main line, have traffic

agreement from M.

IS74.
Miles
1,399
Stock
$27,67: ,744
Debt
26,23',610
Earnlne8.... 9,010,123
Op. ex pin’s 6,5? 1,560

1893
1884

Nov., 1874
1897

Dec., 1870
Dec., 1870
1898
1898
.

Office.
London,* New York.
New York

perpetual lease of ilie Burlington &
River
road, was made 111
Oct., 1872. Gross earnings of the con¬
sol. iine lor >74 v ere
$'1,615,317; ex-

Mssouri

Cent, interest de¬

faulted July. 187?. (V. 17. n. 188.211; V.
Nov. 1891
18, p. 14; V. 19, p. 247; V.20, p PC.)
Sept. 1,1892
Jan., 1871 For last annual report see Chronicle
Vol. 19, p. 39. T1 e following is a com¬
Mch. 2,’74
parison for three years:
Jan. 1, 1904

do
do

.

1873
1891

Jan., 1902

'

1872.

1873.

1,233
1,018
$24,224,331 $22,649,215
23,986,023 IS, 151,339
6.957,171 6,690,695

4.695,615

2,262,155

Net earn’gs.
2,4:1,663
An extension for 10 years was
the K. Div. mort fullii g due
Of the consol, mort. enough
take np prior debt;
10 shares of serin pref

3,350,354
2,840,241

naked on
N ov., 1874.
i* held to

each bonds carries
stock. (V. 19, p.

S3, 375; V.
J. &
F.&
J. &
J. &

1373 Is given

295.)

Boston,

.

&
&
&
&

lor

19. p. 156. Second
dividend paid Aug. 4, 1813 Mr. Hunting¬
ton’s letter on C’aliiornia Pacific V. 19,
p. 246.
(V. 19, p. 156. 246,350, 582, 617; V.
20, p.8,37, 42, 178, 183.)

1892

July 1,1890
July 1,1890

sales of n8,(3'3 acres were
An abstract

in 1873, for $110,315.

Charles’n, Peoples’N.Bk Apr. 1.1888 Net earnings year ending Sept.
July, 1888
$20,115. ( ost of road, $(,80,000.
do
do
N. Y.f Metropolitan Dk. Dec. 15,1899 OpbyD.&H.Can Co. for ^ gross
Alter the panic default
was made on
interest. Last report V. 20, p. 42. The
Nov., 1899
N.Y., Fisk* Hatch,
floating debt Js $7,379,879, and $2.635,!00
luly 1, 1902
do
do
1st mon gape bonds, and $5,988,000 2d
July 1,’77-92
do
do
mortg. bonds are p edged as collateral.
1880
N.Y., Am. Exch. Bk.
A large pro ortion of creditors have as¬
1884
do
do
sented to the funding proposition.
(V.
1876
do
do
20, p. 42, 162, 184.)
1877
do
do

J. & J.
A. & O.
7
A.& O.
7
J. & J.
I. & J.
F. & A.
M. & S.
5
,T. & J.
8
J. & J.
•8
J & J.
7
J. & J.
4>*£.
A. & ()
J. & J.
M. & N.
8
J. & J.
8
J. & J.
8
J. & J.
8
J. & J.
8
& O.
8
J. & J.
8
A. & O
8
& O.
J. & J.
J.& I).
8
& O.
7 g.
A.&O.

V-

ma ie

1890
1890
1895

7
2
6

worth

$29,(HO 000;

1899
Jan. 1,1888

N.

and

5

Charlotte, N. C.
N. Y., Nat. City Bank.

J.'&J.

15,000,000
4,758,000

Dee. 30. ’7 Leased to B.& O. RR. in 1866for 20yrs, rent
35 per ct of gross receipts for
yrs,
Dec. 30. ’71
40 after.
Sept., 1890
Gr ss earnings in 1874 about $14,234,714. and
Aug. 15, ’14
net earnings $8,467,136.
Land grant is
1895-99
estimated by the Company as

U. S. Treasury.
N. Y., Fisk & Hatch,
do
do
do
do
do
do

J.'&J.

300.000

July i5, '99 Defaulted and in litigat'on. (V. 19, p.
61. 117. 142. 422, 502. 532: V. 20, p. 15, 85.)
Apr.15,190!
Jan 20, ’75 Annual rep rttor ’74. snows gross earn¬
ings of $8,589,680; net, $4 419,029.
Of
1875
thecon80l. mortgage, sufficient will be
1890
held to pay all the prior issues. This Co.
Nov., 1902
also assumes $2,310,000 of Lehigh coal &
July 1,1893
N. Go’s debt. (V.lOjp. 246; V.2U,p. 60.)

Balt., West. Nat’l Bank
N. Y., Office 9 Nassau st
N. Y., Fisk & Hatch.
Sacrarn’o State Treas. July 1, 1884
1883
N. Y., K. Kelly & Co.
Oct. 1, 1900
N. Y., Fisk & Hatch.
1895-99
U. Ss Treasury.
July I, 1899
N. Y., Fisk & Hatch.

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

A.

do

do

May, 1916
June, 1873 Leases several roads, and guarantees
$1,492,500 of bonds. Total net receipts of
1875
roads and bank for 9 mos. to Sept. 1. ’74,
Jan. 1, 1893
$571,245. Dividend nassed December,
Oct., 1880
1874.
(V. IS, p. 314.)

Feb. 7,'1899

Balt., at B. & O. office.

J.'&

V
Ig

do

do
do
do
do
London.

Q-J.

7
7

Office,

N. Y., at office,
do

Q-J.
M. & N
F. & A
V.&N

7

15,89s, l')l

100

1459
1459

193

New York,
do

A.&O

A.&O.

1,000
1,000

49

75

p

J.'&J.

u

161,(XX)
75,000

lOO&C

'220

ISO

do
do
Savannah, Ga.
N. Y., Nat. City Bank.
New York & Savannah
Savannah, Ga.

Yoo, 000

i 869

*5 a

Equipment and brl ge bonds

Bonds, prf. (S. F.), 1st M., Chic, to

3

150
37
37
150
101
825
466
465
023
466
96

7
5
7
7
7

J. & J.
J. & J.

500*

*■§ ‘•235
E £ 235

Milwaukee and Western,
St.P. t Ch. 1st Mjconv.to nf.stook)
1st mortgage, Hastings * D
1st mortgage, ‘inicago Line

Western Union.1st mortgage
Chic dkNorthw.—Com. stock
Preferred stock

a
V

v

1st mortgage Eastern Div, (Palmer;
1st mortgage (Iowa & Minn.)
.
1st mortgage (Minn. Central) ...
.
'1st mortgage (Iowa & Dakota)
1st mortgage (Prairie du C.).
2d mortgage (Prairie du C.)
Milwaukee City loan
Ity

220
38
38

7

500
500

649"

:
1st lien on income)

F.& A.
V. & A
F. & A
M. & N
J. & D
M. & £
J. & J.
A. & O

7

....

$3,500.

1,000
1.000

21 >f.

322
■m
220

Q-F

V*

July 1,1894 St >ck, $8,583,750. Land sola to Dec., 1873,
Jan. 1,1883
527,427 acres for $4,185,818. Report in
June 1,1896
Chron., V. 18, p. 502; see also Y. 17, p.459.
Oct. 2,1901 Chronicle, V. It, p. 834; V. 18, p. 503.
Oct.,1909 (V. 18, p. 144, 454; V. 19. p. 16A
Jan. 1,1889 Income bonds, $1,000,000. Exiens. $3,500.OOo in default. (V. 19, p. 156 ; V.20. p. 15.)
J an., 1893 Dividends paid v>n prelered st’ck, $837,400.
(V. 16, p. 652)
Oct., 1879
1897
Leased to C.&A., at 6 p.c on $SS1,925 stock
Jan. 1,1906 Int. passed. Jan.,’74. Floating debt, Oct.,
’74, rep’rted at $2,178,141. (V.1S, p.14,526.)

Feb. 1.1900
do
Sold under 2d mort., $400,000. (V.19, p.270.)
1901
New York.
New York, 44 South »t. Jan. 8, 1875
Leased to Dub. & Sioux C. a $1,500 per m.
N.Y., J.S. Kennedy & Co AplSO, 1884
& a p. ct. of earnings ovei
Jan. 1,1907
per m
do
Feb. l,ls;r Leased to Ch. and Northwe t. at $700 of
Boston, Treasurer
first $1,500 gross earnings per m.;)^of
Feb. 1, 1875
do
do
the nexr $3,(00 per in.. Mid 1-5 of all
N. Y. Nat’l Park Bank, Aug. 1.1891
above that. ( V. 20, p. 162.)
Aug. 1,1894
do
do

2,100,000

300 000

1,1875 ‘h*19

1

7 g

500,000
8,653,000
2,574,000
71,000
371.500

902,000

ling, for $8,000,000
preferred, sinking fund....

7

H\ & A
F. & A
F.& A
J. &D
J. & J
A. & O
J. & J.

1,066,000

1,000
1,000

64

Joliet & Chicago, 7 per cent stock
do
do
1st mortgage, s.f
St. L., Jack. & Ch., 1st mortgage




4,770 0(10
10,000.000
600,(KM!
£2,000,000
2,437,950
411,550

1874

Cheshlre—stock, preierred.
Bonds, not mortgage
Chester Valley—1st mortgage.
Chicago t£* Alton—com. st’k
Common stock, scrip convert. Sept.

7

5,000,000

1872
1872

Funded interest, coupon bonds
income bonds (lorfun dug)

branch

1,000
1,000

50
50

28
40
40
21
S22
427

Chesapeake d Ohio—Stock
1st \1„ skg fund gold (for $15,000,000)
1st mtg..exten(2d on427 miles) coup, or r
Debentures convert, into 2d mort
1st M., (Va. Cent. R.R.,) guar, by Va
3d M„
do
do
) coupon
Income mortgage, (Va. Cent R.R.,) cp..

,

174,000

85

Chartiere—1st mortgage
Cheraw d Darlington—1st mort
2d mortgage
Cherry Val. Shar. <fc ^12.—1st M,conv

1st mortgage, on

500*1

1869
1872
1874
1867
1874

195

consolidated
for $1,000,000

1st mor'gage
1st mortgage

1871

19
110

(C. & A.)..

M. & N
M. & N

300,000

3,70''.0(H)
925,000
1,000
100 20,000,000

500* c

i855

20

Chari., Columbd Augusta.—stock
1st mortgage, (C. & S. C.)

1st mortgage
Income bonds (a

i869

152
742
158
123
152
152

oOj.OOC)

1st mortgage,

i',000

1872

50
138

by C.P.)
($7,2 U.OUOg.)

198,000
1,334,000
6,850,400
769,600
700,000
582,000
2,332,000
7,500,000
993,000
2,287.000
150,000

100

137
137
1*218
742

bonds

800,100

500&c
5(X)*
500* c

137

Western Paciflc, 1st mort., gold
do
Government lien
Cal. & Oregon, 1st M.gold (guar,
C. P., 1st M., on C. & (). Br.
San Fr, O. & A., 1st M. ($1,
Land bonds cn 11,700,000 acres..

do
do
New Mort.

1866

•iic

209,850

REMARKS.

when Due
Stocks.
Last Div.

N. Y. Office, 4
do

A.*|0

1,300,000

100
1861
1863

97

Central Pacific—stock
1st mort.. gold, (sink.fd, $50,000 per yr.).
Subord. lien, Cali. State aid, gold
Bonds, (formerly convert, into U.S. bds.
1st M. on San Joaquin Valley Hr., gold...
U. S. Loan, (2d lien on certain terms)

230 500
<-

100

231
231
291
74

mile

(now 1st)

1866

1870

Iowa—1st d., gold, coupon

2d mortgage, gold, $4,000 per
Central of N. Jersey—stock

1st mortgage

1,159,500
1,000,000

our Tables.

Broad st. July 1.1928 Completed Wilmington to Shelby, Dec.,
1374. (V. 20, p. 15.)
April 1,1914
do
Leased to Ph. & Reading., Oct., 1872. New
Nov.16.1874
pref. stock to receive (liv’d of 2X in
Philadelphia
1873-4, 4% in 1S74-5, and * in 1875-6 and
Nov 16,1874
do
afterward. See terms V. 15, p. 491; see
Feb. 1, 1882
Mo
also, V. 16, p. 517; V. 18. p. S67.
1888-89
do

J.'&J

2,200,000

1872
1871

Central R. R. d Bank,Ga.—stock
1st mortgage bonds, coup >n

2d mortgage

6g
7

1,000
1,000
1,000

1st mortgage
do
1st
1st
do

Central of

1,000
1,000

7g

Payable and by

New York and London
N. Y., Natl Park Bank.
do
do
Phila..Farm. & Mech.Bk
do
do
Phila. & Mt. Holly.
N. Y.t Union Trust Co.

J. & J
J.& D
J. * J
A. & O
F. & A
J. & J
J. & J

6

doo.ooo

50

14
61
274
128
70
58
146
192
192
615

A.&O

7

Principal

Wiiom.

A. & O

3

50

40

7
7
7g

7 g

3,000,000

Where

J. & J
J.* J
J. & D

V

DIVIDENDS.

Boston & New York.
Boston Office,
do

5
8
8

9,000,000
1,500.000

1,000

Mo—com. stock.

Preferred stock, 7 per

850,000

When

:,ooo

'ioo

bonds

gold
Susquehanna—stock

Cedar Rapids d

1,000!

500* c!

100
65

Cayuga—1st mortgage,
Bonds on 2d

1,000
1,000

”

Preferred stock
1st mortgage bonds

Cayuga d
Cedar F.dk

1,000

lOU

pref. stock

Chattel mortgage
New mortgage

5,715,000
528,947
1,034,000
2,500,000
3,500,000
2,250,000
1,6(0,000
490,000
500,000

i',660

60
81
291

1853
1855
18t>7
1870

Cairo dc St.

Central pacific
Mort

pert Payable
Cent

500* c
500* c

191

Louis—1st mortgage
....
Cairo Jk Vincennes— 1st mortgage, gold....
California Pacific—1st mortgage, gold..

Rate

standing.

N u

o

INTEREST OR

Amount
Out¬

J.

Neb.—1st M..conv.,l,gr ) Coup
Bonds convertible till Jan., 1882. > may
’*49
Omaha & S. W.t 1st mort., guar..) be reg 15J3

Bur.dMo.in

2d mort. endorsed oy
Camden d Atlantic—1st
2d mortgage

*.St
oS.
oV

O oo

immediate notice of any error discovered in
Bo7ids.f

by giving us

confer a great favor

213

CHRONICLE.

THE

20,p.60, 163, 186.)

June 1,1883
New York Office.
N.Y., Mil. & St. P. RR. Feb., 1896 The last nnnue renort will be found
Dec. 28, ’72
New
July 15, ’73 the Chronici E, V. 19, p.375. Lands
the Company are 2,105,142 acres.
1835
do

York^Co. s Office.

in
of

With

(February 27,1875.

THE CHRONICLE.

214

RAILKOAD STOCK AND BOND LIST.
ukl

DESCRIPTION.
For exp’anation, of all references, see
foot notes on 1st page of RK. Tables.

Northwest.—CContinued)

Chicaao ,t
.

Chic. Uu. R.K
lien on net earnings
Elgin A State Line R.R. bus,
1st M. ( Peninsular RR.) on roads A lands
Cons. S F. bds, subord. lien on all above..

2d mortgage, Gal. A
Miss. R. Bridge bds,

o

««
18®
1850

1862
1853

>'

Amount
Out¬

22

*-

ce

g
o.

standing.

1855

1863
1865
1863
1871

126

1871
1872

62
155

147,000
282,000
1,693,000
854,000
190,000
128,000
381,000
3,380,000

50
60
60
60
60

Cinn., itichmond it F.W.—1st M.,gld. guar
.Cin., Sandusky it Cleveland—stock

1865
1870

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

1866

1869
1571

1.000

50
50

1866
1852
1867

mort-.

45
80

.1871

120
471
138
202

dev., < 'ol., Cin. it Ind—stock
1st m >rt. (C. C. A C. RR.) $25,000 a year...
1st M (Bell. & Ind.) exch. for new M...
1st m >rtgage, new, s. f...
Consol, mortgage (for *7.500,000).... ..
•Cleveland dc Mahoning Valley—stock....
1st mortgage, extended
'Sinking fund, 3d Mort. (now2d)
Niies & New Li-bou. 1st mortgage
Cleveland Ml. Vernon it Del— 1st M., gld.
<Cleveland it Pitts.—Guaranteed stock
4th mort. (now first)
(Construction and equipment bonds —

300
390
67
67
35
14.5

•

199
199

(Consvild. skgiund, M. for $5 000,000
Colebr< HJkdale R. R.—1st mortgage
Colorado Central—1st mortgage, couv...
Colum. it Hock. Val.—Stock
1st M. sink, fund bds

199
18
15
89

& Straitsville Br..

76
13

Columbus, Chic, dc Did Central—stock...

1871
1871
18'0
1864
1869
1874
1873
1857
1870
1870

1,"00
l.o. 0
100
500

1,000
1,000
1 ooo
50

500&C
500&C

1862
1873
1867
1868
1870

584,70(1
225,000
1,954,450

500* C

1,50'1,000

1,000
1,000

300,000

101)

587

13,328,568
10,893,000

lOOAc

1,000

1,000

460,000

do
(Indiana i ;entral)
do
(Chic. & Gt East., cousin;
do*
(Col., Chic. * Ind. Cent]
Income conv.
do
do
Income (Toledo, Logansp. & Burl.)...

1,000
35
41
144

.

,

110
110
38
38

,

do
do
(to
bonds.
Connecticut River—stock
1st mortgage (sink, fund now $14?,93!.).
Conne ticut Valley—1st mortgage...
Conne •ticut Western—1st mortgage,
Conne ting (Phila.)—1st mortgage..

56
56
41

68
1
34

2d in >rtz age sinking fund guarant ed
Cumberland Valley—stock ($131,900 pref.)

82
52

1st mortgage
2d m irigage
Common bonds

Danbi.ry it Norwalk—Stock
1st. 2d and 3d mortgages

33
33
51

(Jrb., Dl'ton it Pekin—1st M.,gold

117
170
142

-

Davenport <t Si. Paul—1st M., gold
Dayt. t Mich—Pref. stock, guar. C. H.&
1st M., sinking fund, $30,000 per year.
2d mortgage
3d mortgage

141
141

.-

Toledo Depot (cost $353,940)
36

Delau are R. R.—stock
1st mortgage

110*

64

West.),
(ext<

60

2d mortgage.,
2d mort. (exte

60

106

.

118
87
83
65
161
23
1ST
190

.

1st

Dodge—1st mort.. coup.

Mortgage, on branches

2d mortgage, oil whole road
Detroit it Milwaukee—1st Mort. bonds.
2d Mortgage, April 28, ’56
1st Funded Coupons, Sov. 15. ’60
2 i;b unded Coupons, Nov. 13, *36
B >i*• is ol June 30, ’66 (conditional)...




do
(). N.Y., Winslow, L. A
do
do
N.
do
do
J.
do
do
J.&D.

J. A
A
M. A
J. A

D.

A.

7
7
8
7
7
7
7 g.
7
7

1866
1863

.

.

1

•

500&C

1,000

1,786,200
802,000
1,500,000
350,000
2,175,500
603,500
291,500
631,500
400 000

400,000
2,100,000
250,000
1,000,000

2,686.000
996,000
803,500

1,000
1,000
50

648,000

1,777,850

161,000
500&C
500&C
109,500
100 Ac
81,800
600,000
100
500,000
’60-’72 100 Ac
1,400,000
1868 200&C
2,000,000
1869
1,000
1871
1,00' 20.000 pr. m
50

1856
1867

1,259.800

1,000

1,931,000

1,000

445,000
361,000
108,500

1.000
1869
61&64 500&C
1 000
1865

.50

674.000

1,330.(50
5(0,000

•••

1955
1856
1872
1855
1859
1858
1861
1«69
1370
1874
>371

1870
1871
1972
1873
1855
1856
1860
1863
1866
1853
1853
1£51

100,000
100,000
170,000

23,500,000
1,111,000
1,63:3,000
1,006
2,800,000

50
500&C
500&C

500&C
100&C
100&C
1.00 >

-

900,000
400,000
500,000
200,000

1,00C

2,493,000

500&C
1,000 ;

3.0 .'4.500
2.2e0.000

1.00C |
1,000
1,00C
1,000
U>K

1,826,000

■250Ac
500 Ac
Vari.
Vari.
500&C
100&C
500Ac

2.500,000
1,000,000
628,525
877,115
1,702,316

4

1,000

May 31, 1874, compare as follows :
OperatSurplus
Gross ingexp.
Net at close
earn’gs. & taxes.earnlngs. of year.
$
$
$
$
1873-4.14.351,523 9,275,849 5,07?,673 2,119,346
1872-3.12.736,607 8.178,237 4,568,370 1.629,960
1871-2.11,402,161 6.810,026 4,592.135 1,465,694
1870-1.11,694,914 6 311.506 5,383,408 333,559
1869-70.12,535,428 8,013.317 4 522 Lll 541,424
1868-9.13,941,343 7,924,520 6,016,823 1,914,635

•

...

.

.

7

A* AO.

N. Y., St.

Q.-M.

6
6

4
9
8
6

1*

M. A S.
M.A N.
J. A J.
F. A A.

.

2*
7
7
I

7
7
7
7
7 g.
rg.
6
8

8
8

8

1,500,(500

8
7
8

7
7
6 & 7
6 g

1,18y2

Aprii,

1908

1893-95

Nov., 1905
Dec.. 1905
Feb., 1884

Dec., 1853
1886-90

Nov., 1901
Jan., 1882
....

Feli., i890

do
Mar.il)',1875
Columbus, Treasury.
N. Y., Amer. Ex. Bank. Sept.l, 1890
Bost.. Tower, Gid. A Co Nov. 2,1874

.

Boston.
Boston Office.
do

Jan. 1. 1875

Dec. 1,1876
1876-1381
Feb. 1,1875

.

New York and

J. A J.
M.AS.
M.AS.
M.A N.
A. A ().
A. A (>.
A. A ().
A. A O.

do
Phila. A Carlisle,

Pa.
Phila., T. A. Biddle ACo.
do

do

J.
O.
O.
o.

Q-J.
A J

.

.

M.A S.
A. A ().

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

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

.

Q-J.
A. A ().
M.A S.
J. A D.
J A J
M. A S.
A. A O.
.

M. AN.
M.A N.
M it X.
J A J
J. A J.
J. A D.
A. AO.
•J. A D.
.

.

F.A A.
M.A N.
M.A N.
J. A .1.
M.A N.
J

.

A .1

Boston.

Philadelphia.
Co.’s Ollice.

N. Y.,

Q—M-

J

3
6
6
6
6

do

.

2
7

7
7
7
6 & 7

do
do
do
do
do

do
do
do
do
do
do

Jan.

.

7

M.A N.
M.A N.

7

A.AO.

V. 19,

p.270. Net earnings firsts months

-

New Yorkand Danbury
V. Y., 18 New street.'
Phila.. Penn. R.R. Co.
X. Y., Farm. L. A T. Co
X. Y., Loud. A Frankf’t.
X. Y., Winslow, L. A Co
do
do
do
do
do
do
do
do
X. Y., Am. Ex. Xat’l Bk.

Phila., Girard Nat Bank
(to
do
do
do
Office P W. A 13. RR.
New York Office.
do
do
do
do
do
do
uo
do
do
do
do
do
do
do
X. Y., Dunctin, S. A Co.
N Y., Lon i.AAmst’rd’ni
New York.
N. Y., Mercantile Bank

526.
Leased Feb., 1869to P., Cin. &
30 per centof gross earnings,
teed $1,107,470 peryr.. to pay

St. L., for

bil\ guaran¬
int. on 1st

M.$15,OO0,OUO and 2d M., C. & I.,

$821,000.

RK.

The lease was guaranteed by Penn.
A prior lease guarant’d interest also

on
$5,000,000 of 2d mort. bonds, on which
default was made Aug. 1, 1874, and it is
claimed that the amended lease could
not abrogate this guarantee; suit is
pending. An ag cement for bondhold¬
ers to sign read1-’, Feb. 26, 1875.
(V. 19,
p. 142, 247,295, tr>0, 422,477, 638; V. 20, p.
29, 61, 140, 162.)
Leased in perpetuity to Pitts.,Cinn.& St.L.
Guar by Pa. RR. 1.ess’s assume liabilit’s.
Net receipt s. 1873-74. $171,083.
:
Leased to Concord RR. at $25,000 per year.

1,1875
Apr. 1, 1893

Feb

Various.
do
F. A A.
J A J
do
July
J. A J
Boston, Bost. A A. RR. Jan.
M. A S. Boston, Globe Xat’l Bk. Sept
J. A J.
N.Y., Am. Ex. X. 13k. Jan.

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

4

do
do
do
do
do

do

1899

of 1874, $347,500, against $t03,403 in 1873.
May, 1899
June 1,1915
(V. 18. p. 243. 26b. 374.)
May, 1874 Consolidation of C. & M., Niles & N. LBb on and Liberty & V. roads. Leased to
Aug. 1,1893
At.&Gt.West. See report in Chroni¬
Sept. 15, ’76
Jan., 1890
cle, V. 17, p. 512.
(V. 21), p. 85, 139.)
Jan. 1, 1900 Defaulted, July, 1874. (V. 20, p. 85,139.)
Mar. 1,1875 Leased Nov., 1871 to Penn. RR. Co. at 7
Jan., 1892
per cent on stock, besides expenses and
Jan. 1, 1918
Interest.
Report for 1874, V, 20, p. 139.
Nov. 1,1900
(V. 19. p. 638; V..20, p. 139.)
Le..sed to Phila. & Reading.
June 1, '98
June l. '90 Stock issued, $347,800.
Feb. 2, ’74 Gross earnings, 1873, $1,074,187; net,$376 159.
Dividends In 1873,10 per ct. cash and lo
Oct'. 1.1897
July 1, 1880
per cent stock,
fcee report in Y. 1?, p.

do
do

A. A ().
J. A I).

7 g.
7 g.

7

until

Nich.Nat. Bk.

do
do
do
do
do

.

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

exchange for 1st.

i

.

.

to

’ft-

.

3*

Completed Julv, 1874. (V. 19, p. 16.)
)pened Jan., 1873. Bonds. $15,000 per mile,
let receipts in 1873-74, $3,256,684, against
$3,139,267 in 1872-73. Chic. & S.W. fnt. in
default on bonds not guar. (See report
Y. 19, p. 16D
leases the Day.* Mich, and Cinn , Rich. &
Chic. See report in v. 19, p. 182, 8how
ing net earnings of $426,216 in 1873-74.
(V. 18, p. 248; V. 19, p. 183.)

uly, 1905
N.Y., Co.’s Office.
New York, Moran Bros. Jan., 1901
N.Y., Winslow, L. A Co July, 1895
Jan. 1,1889
16, p. 51 : V. 17, p. 84.)
do
do
New York.
June, 1921 Int. guaranteed by 3 roads. (V. 20, p. 15.)
In year cluing June 30, 1874, gross caruBoston, Office.
Nov. 2,1874
ing8 were $800,351; expenses, $533,119;
do
do
net earnings, $267,171, or just about
do
do
Aug. 1,1900
sufficient to pay interest,- rentals and
Sept 1, 1877
do
do
diviuends cn pref. stock. (V. 19, p.397.)
N. Y., Union Trust Co. Dec. 1,1890
V. Y., Union Trust Co. Sept.1,1901
Bds guar,.*byC.C.C.Al.; H'byL.S.AM.S.
N. Y.. Union Trust Co. Apr. 1, 1901
July 1, 1891
do
do
Feb. 1,1875 The latest report (6 months later than the
N. Y.t U. S. Trust Co.
last annual) is given in the Chronicle,
June75to84
do

.

7
2
7
5

,

May 1,1880
July 20, ’85
June, 1877

do
J. A J.
do
M.A N.
J. A D.
New York or London.
or Gg.
M. A N.
Cleveland, Ollice.
7 g. F. A A.
N. V., Ward,C. A Co
7
M. A S.
Cleveland, at office.
J A J.
7
N. Y„ Union Trust Co.
7 g
J A J.
X. V., Lawrence B. A Co
Q-M. X. Y., Farm. L. A T. Co.
l;¥
J A J.
6
do
do
(lo
7
J A J
do
do
do
7
M. A N.
6
J. A D.
Phila.. Co.’s Office.
8 g- J. A L).
Boston, Treas.’s Office.
5
F.A A.
A. A O. N. Y.,St. Nich.Nat. Bk.
7
J A J.
do
do
7
do
do
7
J. A J.

10
7
7

.

Co. April, 1873

7
7

7
7
7
7
7

(V. 16, p. 84, 461, 661, 765, 828 ; V. 17, p.
163, 481: V. 79, p. 295, 375, 528; V. 20, p.
136, 186.)

J

7 g.
3
3
M. A N.
6
F. A A.
7
M. A S.
7
J. A D.
M.A S.
7
7
A. A O.
7 g. .1. A J.
F.* A.
3*
J. A I).
7

575,OOU

51,000
150 000

the completion of the work now done
the Company’s projects are said to be.
finished for the present.
Operations
for the last six fiscal years ending with

....

.

7-

1,170,000
3,219,000

150,866

•

N.Y. Am. Exch NatBk. Dec., 1892
Jan 77-82.87
do
do
N. Y.,J. S. KennedyACo March, 1901

J. A D.
J. A J.
M.AS.
F.A A.
J. A J.
J A J.
J. A J.
J. A D.

7

7856
1559

•

Des Moines it Ft.

1858
1871
1870

195
l

1,000
100

iK56

Lack. * Bloomsb., 1st mortgage,
1st mort.

•869

13

Del., 1 ack. it Western—stock.

do
do
do

50
100
100
1873 100 &C
1856 100&C
66A71 100 Ac
100

84

Guai anteed bonds
Extension mortgage
State loan

2d Mort. (I)., L. &

4

J. A J.
A. A O.
F. A A.
J. A J.
various.
M. A N.
J. A J.
J A J.
F. A A.
F. A A.
F. A A.

71,025

‘"*50

•

1896\^

various.

•—

Columbus it Xenia, stock
1st mortgage
Concoi d—stock
,-Concotd it Portsmouth—stock
Conne. ticut d- Passumpsic R. R.—stock.
New mortgage (for $1.500,000)
1st mortgage, sinking fund

•

F.&A. N. Y.t Farms.L. A T. Co. At tr. 1.19)1
A. A O. New York. Co.’s Office. (J ct. 27 J74
do
J. A J.
NOV. 18^?
do
M. A N.

4

809,500
217,750
821,000
( 66,n(X)
354,400
3,747,000
2,551,000

•

July 1. 1903

798,000
541.500

(Col. & Ind. lsi A 2d peel,
do
(Cin. & Chic. Air Line)..,
2d mortgage (Col. & Ind. Central

•

•

do

J. A J.

7

1865

do
do

Damn l,

499,300

REMARKS.

lastDivi’d,

•

2,632,000

(chic. & G, Eastern)

(Col. & Ind. Central)
(Union* Logansport)

Notes, coupon
•Massawippi stock, guar, by C. & Pass

2,'36,000

51!

1867
1870
1872

1868

,

2,300,0! 0
11,243,002
1,096,000
1,200,'K)0

\

Stocks,

....

g.

7
7 g.
7 g.

500,000

1,000
1,01)0
1,000

Payable, and

by Whom.

tit.

4

560,000
65u,000
1,800,000
4,005,750
423,037
993,000
350,000
1.072,-00
1,000,000
2,000.000
16,000 p.m.
.14,991.692
249,000
453.000
2,947,000
2,500,000 7
2,759.100
630,000
487,900

50

Where

M. & N. New York, Co.’s Office. May, 1883
1885
do
F. & A
1885
do
F. & A.
do
1885
F. & A.
1882
do
F. & A.
1875
do
M. & N.
1884
do
J.&J.
1878
do
J. A J.
1898
dii
M. A S.
1915
do
Q-F.
do
Jan., 1888
J. A J.
do
A. AO
April. 1911
1898
do
J. & J.
do
Junel,19.1
J. A D.
Dec. 1,190i
do
J. A 1).
do
J. A J.
do
M. & N
Dec. 1,1916
do
J. & D.
do
A. A O*
do
Oct., 1900
A. & O.

7
8

1,500,000

1,000

g.
g.

When ||

Payable.

7 g.

1,846.0 0
500,000
1,497,000
1,120,000
400,000

1,000

g.

10
8

4009)00

1.000

i,ooo

171

Sandusky, Dayton A Cin
Sandusky City & Ind
Cin., Sandusky & Cleve

8.995 000

2,750,000
1,145,000
4,375,000
1,000,000
1,350,000
3,500.000
2.304,000
.700,0 0
100 24,939,700
1,000
9,000,000
lOOAc
5,000,000
1,000.000
1,000
100
3,500,000
1,000
1, ‘250,000
1,(00
500,000

1862
1867
1871

90
171

stock

3,150,000
1,644,000
2,700,000

500&C
500* C

1863
1665
1867
1872

98
20
20
75
38
148
36
36

.

7
7
7
7
7
7
7
7
7
7

306.000

1.000
500&C

1866
1869
1871

359

250

Cin., Lafayette dc Chicago—1st mort., gold.
Cin. dc Martinsville—1st M., guar by lessees
Cinn. d Muskingum Val.— 1st mort...
Cin., Richmond dc Chic—1st mortgage

1,000
1.000

....

70
674

do
of ’65
2d
of ’67
3d
do
C. H. A I. •'.Junction) RR. 1st m. guar
Cincinnati dc Ind—1st mortgage
2d mortgage, guar

do

7
7
7
7
7
7
6

1870-1
1,000
1.000
1870-1
1871 lOOAc
18 fO
1,000
1.000
1870
1872
1873
1,00U
1871
1,000

175
28
75

Chicago it Paducah— 1st mortgage
Ltnc lck*n it Southwestern—1stM.,gold..
Chic., It. 1. dc 1 acijtc—stock.
1st moi tgage. sinking fund
Chic. A S’west., 1st M, gold (guar, in cur >
Chic & Southw., 1st M., gold, not guar
Cin., Hamilton dc, Dayton—stock
...
1st mortgage of ’63

do
do

7

1,000

85
120
16*9
137
137

Jucrosm, Trcmp. A P.,lstM.,gu. C.&N.NV
Midland, 1st M., guar, by C.& N.W.
•Northwestern Union, 1st mort., gold....

1st mortgage, Logan
2d mort. bonds

743,300

1,000
1,000
1,000

Ronds, §
Principal,
when Due,

INTEREST OR DIVIDENDS.
Rate
per t
Cent.

3,588,000

100&C
100&C
tOOAc
300Ac

oOOAc

'Iowa

'Columbus, Springf. & Coin.—1st

%

74
560
46

(Beloit & Madison R.R.)

Preferred
Mort. bds,
do
do

«

r(..

Madison exten.. 1st M.,sinkingfund.gold,
Chic. A Mil., 1st M. 2d lien
Nenouiiuee extension lstmort., gold...
Gen. (Tons. m.,gld,cp. or reg.($48,000,000)
Winona A St. Peter,1st M.,guar. C.& N.W
do
2d M..
do
•Winon lA St. P., 1st M.Exten.land gr.a.f.

2d mortgage.

cS

a

193
193
23
26
248
248

lnt.bds, funded coup. 2d M.,Chic, to Osh
1st M general, 3d M.,
do
Appleton extens., 1st. M., on23 m. A land.
Gieen Bay extens., 1st M. on 26 m. A land.
1st M.Gal. A Chic. Un. R.R., extended....

1st Moi t.

°-S
«

Miles
of*
Road

discovered Id ottr Tables.

giving us immediate notice of any error

Subscribers will confer a great favor by

$1,500,00( will retire previous issues.

1, 1889
1, 1875 Net earnings, 1873-74 $295,067. Surplus account. Oct. 1, 1374, $518,(39. (V.20.J 61.)
1,1878
1,1901 Stock paid. $1,033,500; float, debt, $973,003.
July 1, 1900 Net earn’gs ’73-74, $138,551. Iut..&c.$197,543
1900-1-2-3-4 Leased to Phil. & Trent., 6 p.c. div on sto’k
Mch 1,189! 2d mort. is guaranteed by Consolidation
Coal Co.
May 1,1888
Oct. 1. 1874 Stock owned in large part by Pa. IiR. Co.
Net earnings year ending Sept. 30.1874,
Apr. 1,1904
$329,049.
Large advances made to
Apr. 1,1908
Jail. 1.1884
branch roads. (V. 18. p. 295.)
Dec.20,1814 Net earnings In 1S72-3, $63,352.
1880, ’90,’92
Oct. 1,1888 Leased, Mar.’72, to Penn.R R. for33 years.
April, 1909 In default., part of I. B. & W.
July. 1911 In hands ol Receiver. (V. 20, p. 61.)
Jan 6,18*5 L’ssd in perpetuity to Cin., Ham. & D, for
annual Int. on bonds. The Dref. stock
July, 1881
of $3,500,000. guar, by C. H. & D.. was
Sept., 1887
authorized in 1871 to retire D. & M. bnds.
Oct.. 1888
Mar. 81A94
(V. 16. p. 51 ; V. 17, P. 84.)
Jan. 1,1905 L’s’d to L. Miami, (as’medby P..C.A StL)
Dec. 1874 Leased and opei ated by Phil,, Wll.A Balt.
RR.. for 75 per cent of gross earnings.
July, 1875
In 1872-4 gross earnings were $435,968.
July, 1875
Jau. 1,1880
Jan. 20,

*75

Apr. 1, 1875
Mch. 1,1881
June. 1892

July 1,1875
March 1885
A pi. 15,1880

The Lackawanna & Bloomsburg Co. was
consolidated with this road in June,
1873. The bonds due April. 1875, will be

paM rtf.

Annual report for 1873

May 15,1890

May 1, 1899 L. gr., 1,100,000 acres. (V.
Nov. 1,1900 Guage,3ft; whole line to
•Jan. 1, 1901
June

pub¬

lished in Chrom'-lh, V. 18. p. 582. (V.
16, p. 292, 528. V. 17, p. 155, 252, 660; V7 18.
p. 582, 607 ; V. 20, p. 85.)

1,1391 Operat’d with D., H. A I.

17, p. 835.)
be 875m.
Stock.

$800,000.

N.Y., Mercantile Bank. June 1, ’90 Sold in foreclosure, Jan.,’7.5. (V-29,p.162April, 1896 Also a depot M. $50,000; 3 yr. notes, $225,000.
Boston, Co.’s office.
Bonds are coup., but may be reg, (V.
Dec. 1, 1837
do
do
Feb. 1, 1893
18. p. 376; V. 19. p. 3',6.)
do
do
N.Y..M.K. Jesup.P.ACo May 15, ’75 Leased to Great West, of Canada. Com¬
mon stock, $422,140; preferred, $2,095.(0 .
do
do
May 15, ’75
Of the bonds of June, 1866. $1.238,UpO
do
do
May 15, ’75
are in the hands of the Merchants’Bank
do
do
May, 1875
of Canada,
redeemable $100,000 per
N. Y. A Detroit.
July 1,1886
Nov. 15, 73
N. Y. A London.
year.
$350,000 have thus far been
Nov. 15. 73
redeemed.
Earnings in 1873 showed
N. Y„M.K.Jesup.P.* Co
do
do
Apr. 1.1878 a deficit of $22,726 undor operating ex-

February 27, 1875.]

215

CHRONICLE.

THE

RAILROAD STOCK AND BOND LIST.
by giving us immediate notice of any error

Subscriber* will confer a great favor
OH

.

DESCRIPTION.
For explanation, &c., of all references, see
foot notes on 1st page of RR Tables.

Miles
of*
Road

Milwaukee—(Continued.)
roniiac KlC.), Feb..’51.
Pontiac RR.), >an., ’53.
Bonds of Sept. 1, 1866, (Limit $300,000) ...

1854
1853

,ja .uori. (in*'r v.
zd Mort. (Detr. &

Dubuque

Sioux City—Stock

1st Mortgage 1st Division
1st, mort., 2d Division (for $1,400,000.) —
Duouque Southwestern—1st M, pref., s.f...
1st mort.. Oct 1.1 >03
»

Dunkirk, Warren A Pittsburg—1st in, gold
Duchess A Columbia— 1st Mortgage
East lenn.,Virginia A Georgia—stock
1st Mortgage sinking fund bonds,
E. Tenn & Ga. ($95,00j are endorsed'
new.
do
E.Tenn. & Va. (endorsed)
2d mort. to U. S. Government.
hast Pennsylvania—stock
1st mortgage
hastern Shore, (J/d.)—1st mort., conv
2d mortgage, conv
Eastern (Mass)—stock
Essex R.R. bonds, Sept. 1856
Bonds due 1885, Anril, ’65
Bonds due 1888, March, ’63-’69

do

1866
143
100
43
55
55
54
58
270
212
112
112
130

36
39
39
114

Budalo Branch Bonds
Long Dock Co. mortgage

2d Consol, mort., 5-20, (for $40,(0 kOOO)
New b mds (debentures) convert, till ’S3
Erie A Pittsburg—stock
:8t mortgage.conv. into cons, mortgage.
2d mortgage, convertible
Consol, mort. free of State tax

Equipment bonds
European A M. American, (Me):
1st M., vVinn. to N.B. line
) Bangor
2d mort, Bangor to Winn
yloan.
L d grant gold & 1st M. Bang to Winn
hvansvA Craw/'ordsv—1st M, Ev.& Ill.,s.f..
1st mort., s.f (Evansville to Terre II.)
Rockville extension

Evansville, Terre Haute A Chic—1st M.gld
Fitchb urg—s t o c k
...

Flint A Pere Marquette—stoCK
:
Consol, mort. s. f.
1st M., 20m,‘ 2d on 40, l.g , 153,600 ac., 2d d.
1st mortgage, L. Q., 358,000 acres, 3d div..
Flint & Holly
year)

It. R. (s. f., $25,000 per
Bay City E, Saginaw, 1st M, guar byTese’s

459
459

'io-2
SIX
81H
SIX

...

1858
1810
1866

Btickensack A N. Y. Extension—1st mort.
Hannibal ik St. Joseph—common stock
Preferred -took
Missouri State Loan
Land Grant mortgage
Bonds 1870, conv.,
1st mortgage (Quincy* Palmy. RR
1st mort. (Kan. C. & Cam. RR.)
Harrisb.. Ports'h, Mt.Joy A Lancas—stock
1st mortgage
Hart,, Prov.
Fishkill—1st mort. (R.Ij...
1st mortgage (Conn.)
nousatonic—stock
Preferred stock..
1st mortgage, sinking fund

mortgage

65
45
45
51
109

23
55
91

‘233

3d

Illinois Central--stock

10

100
100
109
’.09

] 1,000

500

6 g.

'2X
sx
7
5
7
1

1,000

82
52
35

110

330
330
310
1377

1,000

50),000

i',000

3,297,300
1,771,0)0
92,XX)

1,000

2,210,000

500&C
500&C
500

425,000
100,000

1,000

1,000

100&C

600.000

1,000
1,000

£100
£100
£100
£100

143

500&C
100
IX)

1,000

15

26 X

1867
50

1853
1853

96' 50&52

120
120
74
74
461
47
508
58
53

payable)

ioo

1870

1872
1854
1857
1865
1851
1851

1864
1875

1874
1871

i.OOO
1,000
l,CX)
50

500,000
500.X X)
1,200.000
3,218,149
2.327.808
7,163,910
3,111,5X1
4,459,309

Indianap., Cine. A Laf— stock

90

154
174

1858
1867
1869

do

Sept., 1876
April, 1895

Boston, to’s Office,

March, 1888

cent on

do
do
do

May, 1889

$972,833.

London. Baring Bros.
New York Agencv.

s.
M.&N.
M.& N.
J.&J.
J. & J.
A.& i).

£192,500, Portland, Saco &asP., at Maes.
same dividends East. >0 per
eases

stock.

Net

I8.3-74.

earnings.

operating contract with
Maine Central for 999 years.
Annual
report, V. 20, p. 186; see also p. 177.

lri82
1892
Mar. 1. 1893
Nov. 1,11884

Has

an

May, 1874 Leased in 1863 to Northern Cent, for 999
yrs.
Rent paid, $165,315.
July, 1871
Phila.,Penn.Life Ins.Co -Ian. 1, 1K80
Phila., Penn. R. R. Go. Oct. 1, 2862
Phila., by Company.
Oct! "l"," 1873 The report for the year ending Sept. 80.
N. Y., Co.’s office.
1874 (Chronicle, V. 19. p. 638) gave net
UCt. 1,1873
do
do
•do
do
earnings at $5,035,160, and interest,
May, 1879
rentals, &c., at $5,021,025.
The gross
Mch. 1,1879
do
do
March 1883
do
do
earnings were *13,593,-198 ; operating ex¬
Oct. 1,18X1
do
do
penses, $13,563,733. Summaiy cf Eng isb
Acccuntai-ts ) eport in V. 19. p. 477. (V.
.June 1,1888
do
do
Jan. 1,1891
18. p. 15, 89. 191, 248. 272, 296, 351, 499. 454
do
do
480, 503, 527; V. 19, p. 17. 39. 61, 397. 477.
do
do
Jan., 1893
London.
495, 503, 583, 633; V. 20, p. 61,85, 140.)*
Sept 1,1875
Phila., Penn. R. R. Co.
do

New York and London.
London,
do
do
N. Y., Union Trust Co.
do
do
do
do
do
do
do
do
Boston.

J.& I).
J.£,J.

Mch. 1,1920
Mar. 1,1894
Jan. 1,1903
Mar. 10, ’75 Leased to Pennsylvania Companv
Jan. 1,1882
per ct per annum on stock and
(V. 18, p. 583,)
Apr. 1,18X)

July 1,1898
Oct. 1, 1890
Jan. 1.1889

for 7

deb*.

Forms a direct line from Bangor to St.
John and Halifax (V. 15,

g. 627.)

481.000

1,574 .XX)

N. Y., F. P. James & Co. July 1, 1902 Net earnings, 1873. $249,079. (V. 15, p.76.)
N. W.Metrop. Nat. Bk. July 1, 1890 Net earnings, 1872-73. $646,626. (V. 17, p.835.)
AngU8ta,Ga., RR. Bank. Jan.15,1874 Annual report to April 1. ’74, In Chron.,
V. 19. p. 118; see also, V. 19. p. 217.
do
ye’rly to’90
Receiver appointed. (V.
New York and London. Sept., 1900 In Utlgiiion.
13, p. -97, 455 ; V. 19, p. 143, 398. 5-3.)
Jan., 1892
Annual report, V. 19, p. 398. $980,000 of
bonds redeemed are “ex land grant,”
1899
N. Y., Winslow, L. & Co
bus still a lien on roaa. (V. 20, p. 16.)
lej*
do
do
These fteures represent pounds steiling.
Gross earnings in hall year ending June
•

5
5
4

IX

A.&O.

2x

A.&O.
J. & J.
J. & J.
A.&O.
A.& O.
J. & I).

London, Co.’s Office.
Loudon, at Co.’s Office.
do
do
do
do
do

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

Var.

5
6

5X
6

London & Montreal.
do
do
London Joint Stock Bk.
do
)
do •
do
do
do
do

do
do

do
M.& N.

7
»

.

.

“

1,378,000

ioo

2 V'OO.XX)

500&C
300&C
£200
1.000

2,735,000

137,343

2,500.(XD
2,500,XX)
4 792,000

1.000

1,975.000
5,668,697
1.600,000
2,800,000
1

701,000

•

30, 1874,'£1,008,56!: expenses, £782,302; ret
earnings. £226,559.
in May, 1S73, new
stock was issued at £22 10s per share to
pay for extensive improvements. Con¬
solidated debenture Btoek authorized
July 9, 1K74. (V. 17, p. 459 ; V. 19. p. 169.
351,422, 503.)

....

Apl., 1877
Jan... 1920
Perpetual.

Jersey City, 1st Natl Bk

1873 These figures represent pounds pt rling.
1373
Comp-nv leases several roads in Canada
amounting to 156km., and the Detr. &
1871
Mil., 189m. Forthenalf year ending .July
1876
1877
31,1874, the gross receipts were £553,257 ;
working exp., £425,303 ; net earnings.
1 73
£127.954. (V. 19, p. 62 247, 479.)
1890
1881-86
Defaulted, but compromised. < see Chron¬
icle. V. 16, p. 220 ; V. 17, p. 460, 752.)

Oct.,
Oct.,
July,
July,
Oct.,
Oet.,
Dec.,

May* *1,1890

....

to Palmyra. 15m.; Cameron to
53m.
Or the Mo. State loan

Aug., 1870
J. & J.

7

A. & O.

8
8
10

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

1874-37
N. Y., Bk No. America.
Apr. 1,1881
do
do
do
do
Mar., 1885
do
do
Jan., 1892
do
do
Jan., 1892
Phila.. Company’s office Jan. 10. ’75
do
do
July 1.1883
Hartford, Am. Nat. Bk. Jan. 1 1876
Jan. 1, 1876
do
do
do

J.&J.
J. & J

N. Y., Bk of New York

?
6

F. & A.

Bridgeport and Boston.

7 g.

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

3X
6

7
7
4

1,000

.

•

7
6

7

416,000
367,500

.

Irredeerr.
Irredee n.
Irredeem.

Columbia, Co’s Office.

7

191, X0
100,000
100.XX)
9,OHO,XX)
9,000,XX)

2,70 1,0 X)

.

....

820,000

t

1,000
1,000

4 g6 g.
6 g.

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

1,180,000

500

500&C

Tg.

1,OX),000
1,426,545

386,XX)
4,000,000
500,XX)
938, OX)
1,182,550
700,000

j.&j.
j.& j.
j & .1.
j.&j.
M.&S.
J.&J.

.

485,XX)
62,OX
376,766
300,XX)
9,167,700
5,087,224
2.6 0.000

May," i

J. & J.
A.&O.

7 g.

288,863
1,998,275
127,000

50

251

8 if.

3.020.000

500&C

1X1

1869
1866

do

Boston, Co.’8 Office.
Boston, Co.’8 Office,

mV &

.

7 g.

£3,425,124
7,50,1,000
221,190

£25
£103

....

53-'57
1863
1870

Phila., Girard Nat Bank

Jan. 19,1875 Leased to Phil. & Reading at 6 per cent
on stock and int. on bona.
(V 14, p 628.)
Mch 1,1888
Jan. 1,1880 Operated on own account since Dec.. 1669.
Net earnings in 1872, $29,068.
Apl. t, 15F6
Julyl5,187S Leases Eastern in N.H.,i6m., With st’ek of

(V. 16, p. 461.)

4
7

608,XI0
2,XK),X>0
1,000.000
2,800.0011
4,XX),XX*

1,000

£20 X

275
275

4

7 g.
7 g.

4,200,X>0

,

1V70

V

1,700; OO
1,49.5,0 0

1,000
1,0X
IX)

...

7 g

0

.

3

7
8
10
10
10
8
5

1,500,000
500,000
1,800,000
500,OX)

i',600

H71

652^

R. RR.

afterwards.

July, 1883 Preferred 6tock is $59),315, common stock
Oct., 1883
$584,662.
June, 1900 Chronicle, V. 16,j>. 585.
Jan.l, lX)8;In foreclosure. (V. 20. p.15.)
Oct. 1,1871jGrossearnings year ending June 30,1371.
July 1,1900' were $1,111,184; expenses $a97.30). ana
1880-86 I net earnings $413,775.
Annual report
July l, 1876! for last fiscal year, V. 20, p. 15. (V. 19
May i, 18861 p. 351: V. 20, p. 15.)

j

“s'

3X1,000

1.000

1869

.

7

825,000

....

54
54

4

2,300,000

106&C

t-1

207

7
7 g.

75,000

1870
1869
1871

is 73

"by *P.&

Phila.. P. & R. Office.

118, 271. 350.)

Mar. 1,1899
New York.
M.& S.
J.&J. IN. Y., Farm.L’an & TCo Jan. 1,1887 Com. stock. $1,044,4X\ pref., $100,000. Net
Nov. 1,1887
do
do
earnings, 1873-74, $196,502.
M.& N.
do
do
Aug. 1,1880
F & A.
M. & N IN. Y., Farm.L’an & TCo May 1,19Xi Stock paid in, $400,000.
-Ian. 1,1875 Leases Vt. & Mat6. Net earnings. 1873-74.
Boston Office,
J. & J. i
$325,655.
do
Apr. 1, 1894
A.& O.
Grots earnings, 1873, $1.365,424; operating
expenses. $i'.l,6U3; net earnings, $653,821;
902
M.&N. ! N.Y.,Merch’nts’Ex. Bk.
interest and taxes, $497,042 ; balance,
N. Y., Meehan. Nat. Bk. Jan. 1, 1887
J.&J.
do
do
Sept 1,1888 $156,779. Total land sales to January 1,
M.& S.
1871, $2,041,344, or $8 09 per acre. De¬
do
do
May 1,1888
M.& N.
ferred payments on ianu saies Jan. 1,
J. & J. Newark. N..T., Sav. Ins. July 1 1882
1871, were $633,158’. See report V. 18, p
New York,
Sept.I, 1887
M. & S.
607.
Jan. 1,1876
do
J. & J.
N. Y., Meeh, Nat. Bank. Jan. 1.1901
J. & J.
New York or London. Jan. 1,1900 Fern’dinato Ced. Keys. L.gr.500,0XJ acres.
J. & ,J.
Stock, $200 000.
N. Y., Market Nat. Bk.
M.& N.
J.&J. N. Y., St. Nieh. Nat. Bk. July 1,1900 Net earnings, 1871-72, $35,953. (V.16, p. 585.)
J. & J
N.YT., Farm’s. L. & T.Co. July 1,1889 Traffic guar. 40 per cent from Mich. Cent.
Stock, $1.0X',XX). (V. 19, p. 365.)
do
do
Oct., 1881
A.& O.
Oct., 1889 Receiver appointjd Nov., i 874. (V. 19. p.
Boston, Office,
A.& ().
do
April, 1896 502, 524. 58); V. 20, p. 186.)
A.& O.
Also $i 50,000 tt percent bds. (V. 16, p. 188.)

i',660

•

Phila.,

p.

J.&J.

1871

«*

N. Y.,Gallatin Nat’l Bk.
N. Y., R. T. Wilson & Co
do
do
do
do

Q.-M.

280,105
1,000,000

-

do
do
N. Y., N.Y. C.& H. RR.
N. Y., Brown Bros & Co

1?.

L’sed to Ills. C. in 1837, for 20 yrs. at 35 p.c
gross earni.-’gs first ten years, and 36

0 g-

100

1869
1869

do

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

Various.
Oct. 15, ’74
1883
1891

6 g.

100

1,000

T

do

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

301,000
623,&>0
147,000
775,000
4,000,000

1870

H70
1872

do
do

Int. in default 9ioce Nov. !873.
Detroit & P< nt'ac interest is naia.
(V. 17. p. 691, 752; V. 18, p. 14, 375, 581; V.
penses.

Sept 1,1886

2,000.000
1.000
500&C

232
110

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

M.&N.
M. & S.
M.& S.
A. &0.
J. & 1).
J. & ,T.
J. & D.
M.& S
M.& S.

92,300

1,000

1851
1860

1873
1312
1870

Feb. 15,’86
Jan. 1, 1878

do
do
do
do
Detroit Office.

1,000.000

1852

1874

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

.

J.&J.

2.193,000

11869
1869

F. & A.
c J
J
M.& S.
Vari.
A. & O.
,J.
J.
J.& J.
J. & J.
A. & O.
J. & 1).
J. & J.
A.& O.
J. & J.
J. & J.
J. & J.
M.&N

7

7
7 g.
7 g.

REMARKS.

Stocks,
lastDivid.

F, & A.

7
6

Principal,
when Due.

Whom

3X

7
7

Payable and by

Payable.

m. & s;
j. & j.
A. & O.
J. & J.
J.&J.
A. & O.
M.& S.
M.& N.
M. c* S.

296, ,00

1868

Where

J.&J.

7
7

1,000.000
570,000

1,000

lO 1 I

Sterling bonds, sinking fund




400,000
200,000
4,997,600
194,100
160,000
1 000,000
500,000
3,935,000
l,000,0iX)
3.OX',OOO
2.000.C00
5X),0X)
500,000
'

■

151
11

'•edemption, 1st & 2 > series

Ind. & Cinn. of ’58
lad.. Clnn. & Lafayette
do
do
do

495.900

lOO&c
100&C

1866
1868
1868
1867

707

M», gold

lOO&c
100&C
100&C

6
6
6
4
3
7
6
6
3
6
6
6
6

190 XXI

1862
1865

60
190
17
13

General mortgage, for $15,0(0,00)
Illinois Cent— 1st

1,309,200

1.00,

3

50,000
78,000,000
100
8,536,910
1817
1,000
2,4 ,5,000
] Si 9
1,000
2,174,000
1553
1,000
4,852,000
1,000
1857
2,937,000
1858 500* c
709,500
1861 lOO&c
182,600
1863
1.000
3,000,000
1865
£200
4,577,714
l 000 12.016,000
1870
1874
l.tJOO 15,000,XX)
1873
1,000 lO.OOO.OOOfl
50
2,0 0,00)

i872

58

mortgage, consolidated
..Scrip for past due coupon

Indiana

7

"ioo

233

of 1869

Houston A Texas Cent—lRt M,gold, l.gr.,s.f,
1st inert. N’west. diviBremond to Waco)
Consol, mort.. 1. gr. )coup. may be reg.).
Huntingdon A Broad Top— 1st mort., gold.
2d mortgage

1st mort. constr iCtion bds(now

7

100

Bonds not guaranteed

Bonds

2.500,000
1.963, Hi

850,000

65

.

7

”’50

do

Holly, Wayne & Monroe, 1st mort, s.f.

7

1,000

1866
1856

.

Florida—1st mortgage, gold, convertible..
Flushing dk Noi'thside—1st mortgage
Fonda, Johnstown A Glopersville—1st mort
Ft. Wayne, Jackson <fcSag.—1st mort ., coup
2d m rt. and equipment bonds, coup
Fort Wayne, Mancie A Cinn—1st M., gold.
2d mort
Framingham dk Lowell—1st m. bonds
!
Galv., Ilarrisb. ik San An.—1st mod. gold
Galveston. Houston A H. oj 1871—1st Mort.
Geneva, Ithaca dk Athens—1st M.. s. f.. g.
Georgia It. It. dk Banking Co.—stock
Bonds, not mortgage
Gilman. Clinton dk Springf.—1st M., gold..
2d mortgage, gold.
Gr. Rapids A Indiana—Stock
1st mort., land gr., gold, (guar. Pa. RR.)
1st mort., land gr., gol 1 not guaranteed.
Grand Trunk (Canada)—consol, stock
New stock (for £10,000,00))
Mort. to Bk of U. Canada on surplus lands
Equipment M., 1st on all rolling stock...
do
2d
do
do
Postal bds,&cM secured by gov’t business
1st Pref. bds, conv. into 1st pref. stock....
2d
do
do
2d
do
3d
do
do
Canadian debentures
Great Western (Canada)—Com. stock
Preferred, 5 per cent, conv. into common
Debentures
Mortgage bonds, coupon
...”
do
do
do
do
New bonds, coupon
Greenv.A Columb.—1st M.,guar, by State.

2
7
7

2,999,000
730,000
135,000
117,000

‘ioo

’50-’o6

1860
1863

..

10

7g.

1,000
:,ooo

When H

.

1,200,000

50
50

959

w

81,500
450,000

1,000
1,000

i870

1872
1873
’<3
1874

Sterling bonds, convertible, £1,000,000
1st consol, mort., gold (for $30,000,000)..

t

7
7

5-6.000

1869

Preferred, 7 per cent, stock..
1st mortgage (extended in 1867 to 18S7)
2d mortgage, convertible (ext. to 1879.).
.Id mortgage
4th mortgage, convertible
5th mortgage, convertible

2d

Vari.
100
5'JO
SCO v c
500

’68-’69

Preferred stock
1st mortgage bonds
Income bonds, 999 years to run
Bond & mortgage on Elmira real estate..
Erie Hailway—stock, common

Bay County, issued in aid &

per

250,000
100,000
110,000
1032166
5.000,000
296,000

1,000
1,000
1,000

1856
1865

sinking fund
Funding bonds
Elmira
Williamsport—stock., com

Construction bonds

1863
1863
1870
1868

”36

1889, May,’69

Bonds, coupons|($4.(XX),XX) authorized)

*-

'

Notes...
Bonds
do
sterling,

’

.2

R^te

standing.

<X> >

03 O

INTEREST OR DIVIDENDS.

Amount
Out¬

OQ

Cent.

Detroit tfc

Bds & mort. on Det. real estate....

O

discovered In our Tables,

Bonds, §

7 g.
8

.

Bridgeport & Boston.
do

do

Philadelphia, Office.

N. Y., Co’s office.
N. Y. & London.

5 g.
7 g.

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

7
7
7

A.& ().
F.& A.
J. & D.

l
6&7
4

6 & 7
6
6 g.

(V.16,

(V. 14, p. 628.)
receipts, 1872-73. $1,014,910; opera¬

joritv of the stock.
Iro-s

ting expenses, $S89,808 ; net, 175,132.
.eases Berkshire RR., Stockbridge& Pitts
field, and 'n Stockbrg. Gross earnings

Jan.20.1875
1877
1385
1889

.

1871-42. $528,115; operating
earnings, $117,529.

exp’s, $410,585;

net

N. Y., Nat’l City Bank. July!, 1891
do
do
July 1. 1903
Oct. 1, 1912
do
do

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

7 g.
7

Kans. C,

$1,500,000

been extended for iOjears.
p. 628; V. 18, p. 273. 601.)
1 as

do
do
do

do
do
do

N.

Y., Co.’8 office
London.

London,Morton R.&Co.
N. \

.

or

London.

ings, $1,897,614. Capital, $6,500,010. (V.
17. p.77; V. 20 p.77, 140.)
lapital stock is $1,870,000. Gross earnings
Sept. 1, ’90
In 1873 were $431,107 ; net, $190,0)4.
(V
Fen. 1, 1875
16. p 356.)
Apl. 1, 1895
Feb

i.

let revenue in 1874 was $2,775,362 on the
road and $367,856 from la ds. The Com¬

1875

Apl. 1, 1875

pany g ia' antees $6,0X),XK> bonds
().; al O hold $4 842,000 of their 7-

Apl. 7. 1890
189.1
Arm. 1, 19(13

Jill

against the I. C. 5s. (V. -'0, p. 61,
’o be .mid, Apr.l 26. ’75. (V. 20, p.

1, 1901
C

N. Y., Amer. Ex. Bank. April, 1888
do
do
do
Feb., 1897 '
do
do
do
June, 1899

of N.
gold,

140.)
1«2.)

lompany reorganized, June, 1873. Thera
are iST'ri.OOO equipment bonds & $1,425,000
Report V, 19, p.
funded debt bonds.
422; alsop. 247,422; V.20, p. 162.

BOND LIST.

RAILROAD STOCK AND
a

DESCRIPTION.

Miles
of

For
explanation of all references, see
foot notes on 1st page of KR Tables.

Indianap. Bloom'ion A West—1st M.t
2d niorigage
I. B. & W. Extens on, 1st m..

gold

2d mortgage

Equipment bonds.....
Indianap. A Vincennes—1st M., guar

l*,6t0
V,6oo

660.000
610,110
4.000.00U
204.000

‘

1,000

96,000

1,000,

1869
1868
1870
1873

Oacs.

1,000

50
1181

Guarantee^, 10 per ct, stock
Consolid mortgage, 1870, coup

ioi3
1013
540

reg

(for $25,000,000) coup. & reg
Income Bds (s. fd $600.000pr yr.)ep orreg
Mort. bonds of Oct., 1869, Sinking Fund
1st mortgage. S. fund M. S. & N. 1
21 mortgage Mich. S
1st mortgage (D., M. & T. RR.)
2d mort. (C., P. & A. RR.) registered bds.
3d mortgage (C., P. & A. RR.)...
Lake Shore dividend bonds, April, 1849...
1st mortgage (G. & Tol. RR.) s’k’gPd
2 1 mortgage (C. & Tol. RR.)

bonds

do
uo
do
do
Kanunazoo & White Pigeon
Schoolcraft & Three Rivers

Kalamazoo & Schoolcraft
Kalamazoo, Allegan & Grand Rapids
Jamestown & Franklin, 1st mortgage....
do
2d mortgage ...
do
Lake Shore A 'Ins. Val —1st mortgage
Lake Sup. A Miss.—1st M.,gold,l. gr.,s.i..
Income mortgage bonds

156

1,000
1,000

M

1868
1870
18 3
1872

150

M*.&

N.

M. & S.
M.& S.
J. & J.
M. & S.
7 g

1,000
1,000
1,000

525,000

3,500,0C0
3,780,(1X1

1857
1870

1808,

1,000

750,000

2,646,100

1,000
100&C.

1,500,000

50
500

759,500

3.300.000

i’,600
1851
1867
1870
1872
1872

74.519
35,(11)
25,(ID

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

i’ooo
100

i85S
i 856

46

Memphis branch, 1st mortgage

j

....

475

1,000

i’ooo

1860
1863
1863
1868
1871
1872
1870

1,000
1,000
1,000
1,000
£200

Memphis & »>hio, 1st M.. sterling, guar...
£200
Memphis & Carksvitle Br..lst M.,8terl’g.
1.00J
Louisv., P.ulucah «(• S. IK—1st mortgage..
111)
Li/kens Valley—stock
Macon A Augusta—1st M. (31),000 guar.)..
77 j 186? 1,000
1.000
*2d mort. endorsed by Ga. KK
77 , 1869
M'icon A Brunswick—1st M., State endors.j 197!*;’67-’70 500&C

19* H j 1869

j

500&C
5(1)

1870

1,000

39
357
33

j

\

100

1672 100&C
*60-’61
*19 1870
1868
; "38 i 1871
oo
ion

357

I

....

72 \

1861 K...
....

1 100

333.000

6,961,000
8,500,000
2.423.000
3,(HD,i 00
600,000

4.D,'D0
370,000
2,5<D,(D0
1,100,000
150,00'
6(D,(XD
3,634,520
496.892
545,R00

fin

Trust: Co.
do

Pittsburg Office.
N. Y., Winslow, L. & Co
N. Y., Farm. L. & T. Co.
Boston Olllce.
do
do

Philadelphia Office.
cp.i'K N.A
Philadelphia Oflice.
do
do

Q-J.

Rcir.at otflee;

& 1)

M.& S.
J.& I).
J. & J.

Philadelphia Oflice.

Cincinnati.
of America.
Cincinnati.

Q—M.

N. Y.. Bk

M.&N.

Apl.,’76. (V. 19.

p.

8-2,583.)

earn’gs.$19 414,504 $17,591,629 f 14.797,Wc

13,746,598
5.667,910

Op. expen’s.

Netearn’g8

Stock
50 000,000
Fund. debt. 33,527,COO
'• he

.Tan! i899
Oct., 1902
Jan., 1875
Aug. 1895
July, 1899
May. 1890

11.8S9.525
5.752 103

9,779,«0i
5 018,169

50,000,003 37.475.8SJ

Company’s statement of earning*

for last halt of 1874, showed net receipts
of $1,610,383. The 2d general mortgage
for $25,000,000 is to pay fldating d ot
and o-onds of 1882. with $12,(00,(00 and
balance to be held for improvements >f
wanted.
(V. 18, p. 83, %G, 469.480. 629;
V. 19, p. 845; V. 20. p. 16,85, 140.)

Foreclosed, Jan.‘27. ’75. (V.20, p.6‘2J40.)
Lease to N. Pacllic vacated. .Land grant
1.632,000 acres. (V. 20, p. 66,140.)
L’d to P., Ft W. & C., at 40 p. c. on gross
earnings (in 1873 $76,752). < V. 16. p. 523.)
Interest in default, July, 1673. (V. 19,p.
39; V. 20, p. 140.162.)

1892

Bonds

are

coupon, may

Feb., 1897 Opcratedby

be registered

N. J. Central RR.

Jan. 15,1875 This stock includes all the new Jssu'L
Gross receipts in yearendingNov.30,’73
June, 1898
to
$7,424,895 ; net, $3,884,859. Old
Sept., 1910
be retired by general mortgage
U98 & 1923
(V. 17. p. 20 ; V. 13. p. 297, 50 4, 527.)
Jan., 1692
Mar. 10. ’75 Leased to Pitts., CIn. & bt. L., guar, by
Penn. RR. lessees assuming liabilities
Mav, 1883
and paying $520,000 per yr. (V.
1891
p.
Jan. 1,1900 Foi echuvd and sold Dec., 10.1574. (V.19

debt
bonde

593.)

14,
Various
J. & J. Dost., Nat. Bk. Com’rce.
p. 588. 617, 639; V. 20, P.62.)
do
A. & O. !
Apl 1.1900
A. & O.
N. Y.,Union Trust Co. April, 1900 Interest, in default. iV. 17, p. 53. 649,671.
3 V*
Philadelphia oflice.
Jan., 1875 Leased anu operated by Phil. & Reading
J. & J. i
Div’ds 7 per cent. (V 14, p. 628.)
do
Oct., 1877
A.&O.
N.Y., Jones & Schuyler. Aug.; 1900 Int in default. (V. 18, p. 248; V. 19, p
8g.
Q-F.
V.20. p. 86)
10
Groff c-aroings in 1872-73, $895,716.
1873
Company’s Office
:

213

'1

•

J. & J.
F. & A.
M.& N.
J. & D.
J. & J.
J. & J.
J. & J.
.1. & J.
J. & J
J. & J.
A. & O.
.

Vcrmilye & Co.
Philadelphia,

N. Ym

do

N. Y., Bank
do
do
do
N. Y., J. B.

July, 1898

p.

144.)

1890

of America,
do
do
do

$1,0(0,000 new stock was sold to C. «fl¬
at 50, and f*90,000 of old stock at 6t.

1900

Jan., 1874
Jan., 1881
Jan., 1897

Company defaulted on

Receiver appointed.
p. 246. 273, 291, 455; V.

Alexander. April, 1900

(V.17. p. 753;

F. & A.
J. & J.

A.&O.
M.&N.
M.&N.
M.&.N.
A. & O.
A.& O.
.). & ?>.
F.& A.

M.&S.
F.& A.
J. & J.
J. & J.
Various
A. & O.
A.& O.

Louisville.
N. Y., Drcxel,
do
do

(V. Its

*

1893
June, 1879 Gross earnings, 1872-73, $1,212,027 ; expenses
$976,574 ; net earning!-, $235,452; ByconJuly, 1873
tiact, Nov., 1871, with Cues. & Onio,

Louis ville.

7 g

M. & Co

do
do
Louisville,

interest 187S-B-

Sept.,’74. (V.

19, p. 351.)

V.20, p. 16.)

Allg. 1.1873 Annual report publi bed In Cnuov., >
p. 423, shows net earnings in l873-«4,_.
Jan l,’75-’76
1866-87
1886

$1,819,183 against $1,111,123 In 1872-73^
(15, p. 491; V.17, p. 524; V. 19, p. 423;
20,p.l6.)

May, l'~75
Nov.,’80-’85
Oct.15,1893
N. Y., Drcxel, M.& Co, April, 1898
London, Baring Bros, Dec., 1901
do
do
Aug.. 1902
New York.
Moll 1, 1890 Defaulted, sept,..’74. (V. 19. p. 189,,3
Feb., 1S75 Leased to Summit Br. RR. at $62,5lD.
Philadelphia.
1587
(V. 16, p. 219 , 827.)
N.Y.,M.K. Jesup.P.&Co

(V
V.

do
do

do

do

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

do

New York.

A.&O.

1879

1887-1900
1889
1879

Oct., 1890

is.

’74
Bost., N.Bk.Commerce Apr. 1,1912
.July

J. & J.

633.000

Gr.

1,1890
July, 18S7
Ju>y, 1887
July, 1888
Jan. 1,1897
June 1,1894

Cleveland, O.
N. Y., Boston & Pliila.
do
do

1st M. to

in the Chuoxiclk, V. 18, p. 46),anda
later report in V. 19. r>. 372, io June 89
1874. 1 hef-ulowing shows a summary
of the figures for each of the calendar
years named:
1373.
1871.
1872.
1,181
Miles
1,136
1,073

Jan.

N.’.Y., Union

on

A 2d M. is of $590,000. (V. 19, p. 366.)
The last annual report was fully reviewed

July, 1882
Sept. 1886
April, 1898

741,400

755,030

ed.

1884

•Ally, 1885
April, 1886

425,000

496,500

July 1,1880
Sept.. 186C

.

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

1,100,000

Y.,Lond. & Frankf.

June 1,18%
1895-97
Jan. 1,1896
1876
June 1.1919

do
New York.

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

8S1,»00
2!,(DO
176,'TO
849,000
225,'f D
4?,(ID
88,000

Net

May 1. 1889
Pliila, Corn Exch. Bank Jan. 1, 1869 Completed’72. Tnt. unpaid. (V.15, p. 453.)
N. Y., B’nk of America, March 1883 Formerly Covington&Lexington. (V.17.
do
do
June, 1885
p. 168,^5’..
1924
Des Moines V..E.D .reorgan’d. Int. fund¬
New York Office,

Q—

100,000

8,984,601

do

do
do

A.&O.

8,000,00(1
760 000

Stock, $2,776,000.

against $1,494,447 in 1872.
The land
grant is in two trusts. 2,0U0,(DO acres in
the first and 8,000.000 ajres in the
second. Int. on income bonds is t ay able
in lands or cash, only out of net earn’gs.
Nov. 1.1674, the Co. resumed payment
of half the current interest • n its bonn.
Annual report, V. 19. p. 271; V. 17 ^
628,752 ; V. 18, p. 297 ; V. 19, p. 86 ; V.20,
p. S, 65.)

.

J.&'i.

J

Hopkins, 61m.

earnings in 1872-3. $806,862. Int. defaulted
Sept., 167S. (V, 17, p. 888, 649.)
\
In 1873 net earnings of K. P. were $1,446.80

do

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

2,623,483
851,000

Sept 1,1892

June 1,1874

J. & J.
A. & O
J. & J.
M»& S.
A. & O.
J. * J.
J. & J.

1,50’,000

50
100

175

B1.& st. Jo., St. Jo. & C.
Bl.f and the Mo. Valley Co.’s. Line Kan.
City to C. Bl., 203m.; branch, St. Jo. to

Consol, of C.

1,1880

April, 1892
N. Y., Union Trust Co. Feb. 1,1875
do
do
Feb., 1875
do
do
July 1,190)
do
do
July 1,1900
Q.-J.
Dee.
1903
do
do
J.& D.
Oct. 1,1882
do
do
A.&O.
A.& O. N. Y., Bank ot N. York, Oct., 1879
do
do
May, 1885
M.&N.
Nov,, 1877
M.& N.
Aug., 1876
F.& A.
Jail., 1880
J. & J.
Oct., 1892
A.&O.
April, 1899
A. & O.

175,000
150,000

Louisville, Cin.A Lexington—stock
Preferred 9 per cent stock
Bds to state Kentucky (perpetual loan).
Lonlsv!lle & Franktort bonds
Lexington & Frankfort
Louisville Loan
:
Louisville, Cinn. & Lex., 1st mortgage...
do
2d
do
do
Mort. bonds (Shelbv cut-off)
Louisv., N. A., A St. L. Air-Line—1st M
Louisville A Nashville—stocK.
1st mortgage on main stem
Louisville Loan
Lebanon branch Louisville Loan

Jan.

Cost of road

$698.32 i.

W
Y.,London & Frankf May 1,1899
Feb. 1,1895
N. Y., & St. Louis,

N.

J. & J.
M.& S.
J & I).
A. & O.
A. & O.
A.&O.
F.& A.
F. & A.
J. & J.

8.8)9,(XD
1.797,000

1864
1*69
1870
1870

Apl. 1,1900

Co Aug. 1,1893
Scptl, 1890

do

m'.&n.

160,000
300, (XX)
50 24.505,417
1,000
5,000,000
1,000
6,000,(41)

4,608,(11)
1,500,000

Julyl, 1882 Owned by connecting Co.’b.

Payable •4 by transportation.
M.& N.
N. Y., & St. Louis,

720,000

1,000
1,000

N.

F. & A.
J. & D.

5,000.(XX)

1,000

do

do

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

289,750
355,000

1,000

Extension
Glen Cove branch

Lebanon Br., 1st mortgage
do
Extension, Louisville Loan....
Consol. 1st mortgage for $8,000,000

1,000

Phllade.phla Otilce.
N. Y. & Boston,
do
do
do
do
N. Y., Farm. L. & T.
do
do
Boston.

J. & J.

1.5C0.C00

1,000

I Jan. 1,1889
N. Y., by Erie It. It.
N. Y. Farm’s L.& T.Co. ! Aug.l, 1874 Leased In 1871 to Pitts., Cinn. & St. L.RK
for int. and sinking fund of bonds and
do
do
May 1,18S1
7 per cent a year on stock. Lease traus.
do
do
Oct. 1,1906
fered Dec., 1872, to Pa. Co. (V.lb, p. 524.)
do
do
July 1,1910
Road in progress. (V. 19, p. 365.)
•913
New York.
May 1, 1912
N. Y Farm’s’ L.&T.Co. July 1,1874 Bonds not paid. (V.19,p.247; V.20.p.85.l40)

.

600,0(1)
246,000
4.275,350
1,751,750

50

‘2d mortgage
Long Island—stock
1st mortgage, main line




.

4,063,000
6,303,000

i853

LoganspCraicfdsv.AS. W of Ind—1st M gld

.^Porthuiu & Kennebec, stock

.

2,240,000

50

.

Street Connection bonds
Little Rock A Fort Smith—1st moj*t., gold..
Land grant, s. f
L>ttle Rock, Pine Bl. A N. O.—1st mort
Little Schuylkill— stock
1st mortgage, sinking fund

Androscoggin RR., Bath City loan

N.
.& O.
& J.
& J.
L&N
& J.
& J.
..&0.

917.(ID

1865
1869
’.870
1872

1st mortgage
Leaven., Law.. A Gal.—1st M.,l.g.,s.f.,conv
Kansas C. * Santa Fe, 1st mort., guar...
Southern Kansas. 1st mortgage, guar—

Madison A Portgage—1st M., gold.
Maine Central—stock..
*.
M. G. Interest scrip
1st mort.. consol
Bonds fl.KD.OOO Loan. A. & K. RR.
Extension Bonds, 1870. gold
New Loan tor $1,100,0(1). gold
Leeds & Farmington R.It. loan..

[.'&

9,689,950
6,432,000

50

Laicrence—Stock

& J.

.

ik

1,125,(0)

Louisville—1st M. ($1,100,000;..
Lake Shore& Mich. South.—stock

4i

.

531.500
2,500,000
8S7.50C

2.193,00’
I860 500&C
400,00(1
1853 I A 000
an, ooo
1855 | 1,000
237,000
Var.
1874
2,300,000
258.720
1874
i'ooo 1,092,000
1872
100 49 466,500
100
533.500
18701,000 1,709.000
1870
1,000
4,280,000
1873
1,000 9,500,000
1,000
1872
3,529,000
1869
1,000 1,159,000
1855
1,000
5,256,000
1857
1,000 2,692,000
1,000
1856
924,000
1859
1,000 1,003,000
1867
1,000
1,000,000
1869 500&C
1,444,000
1855
1,000
1,595,000
1866
1,000
860,000
1862
1,000
200,000
1,000
1866
300,000
1868 500&C
3,000,000
1869
400,000
1867
100,000
1867
100,001
1868
840,000
1863
1,000
463,000
1869
1,000
503,000
100
2 000,(4)0
1869 500&C
4,500,000
1372- 5UP&C
1,500,000

Funded interest bonds

Equipm nt bonds

.

.

Lake Erie A

2d mortgage

.

.

1,400.000

1869
1,000
1865
l.OOU)
1866
ij 1,000
’65-’67
1866 I 1,000
1865 | 1 000
1866 I100&C
1870 ;250&c
1871

3d mortgage
Keokuk A Des Moines—1st mortgage

Lehigh Valley—stock, eoin. and pref
1st mortgage, coup. & reg
2d mortgage, reg
General mortgage, gold (lor $W,(.,O0.UlK),
Delano Land Co. bonus endorsed
Little Miami—stock, com
1st mortgage

,

500,000
800,000
2,789,413
50*,000

50

427

.

800.000

500&

Oct., 1890

.

.

100

Oct. 1909

do

do

397,111)

1,000

last Div’d.

Turner Bros,

N. Y.,
do

J. & J.

300,000

1866
1867

1 „i*

673
245
140
253
394
84

i

2,471,003
2,000,000

i,otv<

REMARKS.

Due,
Stocks,

Interest, in default, July, 1874. Funding
proposition, Y. 19, p. 247
(Y. 19, n.
17. 118, 24,,422. 479. 528. 63S: V. 20, p. 61.)
1912
7g.| J.& J.
N. Y„ Winslow, L. & Co. July 1,1919 Stock, $6U0.(t)0. owned by Penn. Co. and
7
| Various.!
C. C. C. & I. Leases the St. L. Alt. & T.
do
do
do
Oct. 1,1900
A. & ().
II. Net earnings, 1873,$6,J0,909.
do
do
do
J. & J.
July 1, 1881
Bonds guar.by Penn. Co. Stock. $1,402,000
1912
N. Y., Farm’s L. & T. Co.
F.& A
do
do
do
Chroniclk, V. 16, p. 455,
M.&N.
Consolidation of International and Houst
New York,Nat.City Bk.
6 Gt. N. lull report V, 18, p 519. Con¬
do
do
.&o.
April 1,1911
vertible bonds in default.
(V. 19, p, 17;
Jan. 1,1900
do
do
& J.
V. 20. p. 166.)
do
do
.& A.
Aug. 1,1S92
& J. N. Y., Farm. L.& T. Co. July 1.1869 Leased to Mich. Cent., with traffic gusr
l ds exch. for Detr., L.& L. if. 1st mort.
Nov. 1,1880
do
do
do
i.& N& (). N. Y., Nat. Park Bank. Apl. 1,1899 Leased to Ills C., at 85 p.c. on earning.-;.
Receiver appointed. <V. 19, p 520)
& N.
May, 1901
N.T.. Ain. Exch. Bank. July 1, 1902
& «I.
(V. 17, p. 155; V. 18, p. 629.)
New York.
& J.
|
1900
Honesdale Nat. Bank, (July 1,1887 Leased to Erie Railway Co., which pay*
& J.
interest on the bonds. (V. 14, p. 628.)
1 Jan. 1,1889
do
do
do
& J.
8

2.000 00C

1,000
1,000

•

7g.i A.&O.

g.OOO.OiJO

Kentucky Central—Id mortgage

Lehigh A Lackawanna—1st

500&C

770,000
81,000
2,960,01 X)

l.(XX)
1,000

Income Bonds, coup., 3(1 M., on 427 m —
Land Bonds, c. or r., gold on 2,000.000 acrs
2d mortgage, coup, or reg.. gold, on same
Arkansas Valley 1st inert, guar
.lunc. C.& Ft. K , 1st M„ gld, Id gr.. guar
Kent County (Mil.).—1st mort. bonds..

I Jr
it- ?

l,(XX)
1,000

1873'
1672

1st Mort., coup , (Leavenworth Br.)
Land Gr. M., coup., on l,(XX),ti00 acres

Buffalo & Erie, mortgage
do
do

3,150,000

1866
1870

M., gold, coup., on 110m "West Mo. R.
1st M., gold,coup, beginning at 140m west
2d M. (to U. S. Gov) on 394m. West Mo. R.

do

4,100,000

i§62

mortgage

1st

do
2d mort. do.

1,000

100
500&C

Joliet A N. Indiana—1st mortgage
Junction, Philadelphia- 1st mortgage... ..
2d mortgage
*
...
Kans City,St. Jo. <(■ Council Bluffs—stock..

m

l'.ooo
1,000

1869
1869

Jeffersonville,Mad.& lmt-lst mortgage
d.
do
2d mortgag
Jersey City A Albany—1st mortgage, gold.
Ridgefield Park (N. J.), 1st mortgage

•*(?;

1.450,(X10
5,' 00,000
3,261,000

1867

Indianap.—stock

1st mort., C. B. & St. Joseph KR.....
St. J. & C. B. Kit., 1st M
do
do
convertible
Mo. Val.RR.lst M. ($1,000,000 gld).
Kans. C.,St. J & C. B. HR., cons. M.
New consol, mort. for ($3,000,000).
Eansas I\ud1lc—stock
lot M. (gld) s. f.,c. or r.,l.gr. 3.000,0

1,000,000
500,000

1.700,000

Principal,

when

Payable, and
by Whom.

Where

When»

cfent:jPayable-

2,000,000

1372
1870

gold...

RDe?±!

1.500,000
5,500,000

1,000

Bonds, §

INTEREST OR DIVIDENDS.

5,000,000

i,ooo

1871
1872
1872
1869
1870
1869

Jaricsonv,Ptr,sac.AMob—Florida St bds.eJ'l
Jefferson. (Fa.)—1st M. (Hawley Branch;.
2d mortgage (Hawley Branch)
1st mortgage (Su-queh. to Carbondale)..
uid. & Mad. Rlt. -1st

1,000
i,o;x)

300&C

2d mortgage, guar
inter'national A Gt. North—Consol, stock.
International, lsr. M., gold...
Houston & Gt. No., 1st mort.. gold
uonvertible mort. bds, coup,, may be reg
Ionia & Lansing—1st M.,coup. may be reg.
2d mortgage, coup., may be registered..
/oica Falls tC Sioux Lity—ls' M.. Api. 1 ’69.

'Jeff., Mad. A

Amount
Out-

Road

gld bds

Iron Ml., Chester A E—1st M., gld
Jacksonn. N W. A S. K —1st mort.,

I

,

M.,iu 3 series

Indianapolis A St. Louis—1st

ri

standing.
1869
1870
1872
1869
1870
1871

discovered in our Table*.

by giviijg as Im'uellatenotlce of any error

Subscriber* will confer, a. great, fay or

if

[February 27, 1875.

THE CHRONICLE.

216

do
do
Boat., N.Bk.Commerce

v

do

<fo

do

-

do

Augusta, Me.

1890-91

Oct., 1900
July, 1898
July, 1901

July 1891
Jan. 15, ’75

Held by receivers for State. To
Dec 1.
(V. 15. p. 657; V. 17, PV. 19. P. 361. 366. 479.)
In progress 165m. and branch, 60m.
A contract for operating was made
the Eastern, Mass., In June, <3,
M. C. leases several roads.
1673 were $2,063,077; ex
ceipts

«•)

S8.64'’

in

,

»' 1
11
.0r08*.!!,

pens <

$1,830,‘01; net earnings, t<37,5*6. £“•
gross earnl”g8 in 1872 were $l,iw®gi.’

expenses^l^S.Oil; net earpingarf*'?;
837.
See report in ChbokicUL sA i

•

‘

February

27, 1875.]

LIST.
giving n» Immediate DIVIDENDS. any error discovered In our Table*.
notice ot
OR
Principal,

RAILROAD STOCK
Subscribers

will confer a

DESCRIPTION.

references, see
Itlt.Tables.
JfaVie Central-ContinuedPortland & Kenn., Yarmouth stock ctfs.
explanation of all

For

foot notes on

great favor br
Miles
of*
Road

1st page of

,

•

Memphis A Little Rock—1st
2d mortgage
Michigan Central—stock.

C

O c.
...

1865

fund

1869
1870
•

•

•

•

•

•

•

•

•

•

•

•

•

•

.

•

30
50
44
94
54
54

49^

284
284
284
103
10

•

•

•

1,000
50
50
50

1869

1,000

1,000

i872

do
2d mortgage
Missouri R., ft S. A Gulf— 1st M., 1. gr. s. f
2d mortgage, coup., may be registered...
Mobile A Girard—1st mort. ($212,500 end.)..
2d mortgage, end. by Ga. RR
Plain bonds
Mobile A MonXg.—1st M. gold, end. by Afa
Mobile AOhio—stock ($4,000,000 in reserve'*
Convertible 8 per cent bonds
1st mortgage, sterling
Interest bonds
Interest bonds, sterling
Tenn. subs., 1st mortgage, sterling

Special mort (Miss., Gainsv. & T.)..

1,000
25

1872
1869

1874

1,000

1*872
116
116

*238
56
57
126
125

1865
1868
1870
1371
1869
1869
1370
1872

560,000
150,000

Montgomery AEufaula—1st M.,en. by Ala.
1st mortgage, not endorsed

mortgage..!!
.*
fund
X

Monticello A Port Jervis—1st

Morris A Essex—ctock
1st mortgage, sinking
2d mortgage
Convertible bonds
Construction oonds.
Gen.M.& 1st on Bnt, Br.&c.(guar.D.L*&W)
Consol. M. (for $23,00o,000) gnar.D.L.&W
Nashville,Chatta. A St. Louis—stock
Bonds to U.#. Government, 2d mort...
New 1st mortgage ($20,000 per mile)
Nashv. A Decatur— 1st M., guar, by L. &N

Mortgage

’’

Nashua A Lowell—stock
Bonds for freight depot...:.

1,900,000
200,000

800,000
610,000
70.000

1,000,000

928,000

1,000

1.591,00)

i’ooo

880,000
1,100,000
18,C00p.m.

1,000
50

3,969,600
320,000
500,000

600,000
1,254,500
100

1*86

’

..

A Will—1st mort..

RR)—stock.’!

Mortgage bonds coupon
Bonds convert,, tax free, coupon
Holyoke & Westfield RR
N.J. Midland—1st
M.,gld,guar by N.Y.& O.
2u
mortgage, currency
A J. Southern—1st mortgage
1st mortgage (Toms’ River br.)
2d mort. bonds....,
Consol, mortgage, for $7,000.000

v?® i^ey West Line—1st mort., gold
® London North.—stock

21

1871
1871

i874

1,000

330 000

i’ooo

mortgage

O-'Jfpb.A Tex,—1st mort. (Mob toX.O)
Jew
y

Orleans, St. L. A Chic.—Cons, stock..
£ew consol, mort. (for $25,030,000)
Consol. 1st mort,, go.d (N.O., J. ft G.N.)

do

do

do

1,001

80
80
7
118
118
118

1867
1870
1870
1864
1866
var.

81

*345

i873
132
132
14

1871
1871
1875

187i
1870
1867

1,000
50
250
503&C

1,000
1,000
1,000

”*25

5,1)00,000
8,000,000
383,000

issi

800,000
200,000
1,882,990
103,000
800,000
1,673,500
171.500

500&c
ICO
5 K&c

350.0 0

1874

100
76

50

525,009
8,0)0,000
880,000
2,460,000

500&C

1859

1,000
1,000
1,000

100

’io

1870

68
t8
78

1870
1871
1869

7*

i87L

100&C
IfiO&c
1.000
100&C

1873
1870

i’.ooo

100

i865

100
140
506
506
206
206
206
237
237

1872
1871

10 >&c
509&C

827

"ioo

1873
1856
1860
1873

1,000,000
900,000

200,000
3,000,00c
1,590,000
2,120,000
120,000
1,000,000
5,300.000
3,000,000
1,500.000
300,000

uo

wJJ^ortgdge..

* Ventral A Hudson River—stocK.
K?lu.mb,on(is assumed Y-. Central)..
<N.
’onds lor debts
do
.

f..

350
350
842

8
8

M.&N.
M.& S.
J.&J.
F.& A,
J. & D.
J. & 1).
J.&J.
J.&J.
J & J.
A.&O.

do

10

7g.
i

.

J.&J.

8
6

S:

iB-

10
10
7
8
8

8g.

"s'

lg-

3*
8
7g.

J. & J.
J.&D.

156.500

1,500,000
S.708,500
1,012,500

2,000,000
1,000

1856
1854

50U&C
100
fOO&c
1 (CO
100&C

1853

1,000

1853

do

do

do

do
(io
do
do

<io

do
(io
do

(io
do

do

do
do

do
do
do
do
do

M.& N.
M.& N.
M.& N.
J. & J.
M.&N.
March.
J. & J.
M.& S.

1,514,000
76,000

592,000

Jan. 1.1885
1873-78

t(

rs.

do

Jan! ,"1873

Oct. t,

1882

<>ct. 1,

1882

7

!*•

if
7

7
7

!B6 g5X

M.&S.
J. & D.

Q-J.
J. & J.
M.&N.
F.& A.
J. & J.
F. &A.
A.&O.
J. & J.

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

F.’&A.

7

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

7

M.& N.

7

Is6

7

J.’&’J.

Y

J.&J.
A.&O.

6

7
7

g.

"

6

7
7

lg6
7
g.

lg8

iB8

7

Ig’
6

7
6
6

(V. 17

May 31,’74, showed

$2,110,439. C-ee V. 19. p. 143.) The repoit fo>- half year to Dec., 1874, showed
h
surplU' t'bo'e interest payments of
$582,162, which went loward reducr g
the floating debt
The floating debt
Ja ’. 1,187?. was $98,288. against$1,(56,452
on the 1st of Jnne, 1874.
Lands of .7.
Lang. & S . 192 000 seres. The J. L. & S.
debt is assumed by M.C.. which also
pavs$.0,000 per year on the s'oek. onethird of which it ovns. (V. 18, p. 15,
167; V. 19, p. 143; V. 20, p. 101.)

May 1. 1902
April 1,1888
Nov. 1,1890
Nov. 1,1890

July 1,1886
July 1,1879
Jan., 1875
Mav 1, 1902

July 1,1885
1,1878

May 1,1890
fcept.l. 1891

19, p. 24Q, 504.
CnnoN.. Aug.,’72.
(V. 20, p. ?6 )

In Receiver’s hands ; V
In progress Bds adv. in

Defaulted. Jan.. 1875.

Leased to Wis. Cent. RR. for 99 yt ars.
1875 Leased to P. & Read.. May ’64 for 999 vrs.
Philadelphia, P.& R. Co Jan. 1,189C Gross earn’gs, 1872,$115,043
Cost,$1JKOJTO
Detroit, 1st Nat. Bank
1890
L. gr., 257,000 acres.
(V. 17, p. (49. 661.)
Apr. 1,1876 Net earnings in year ending fcept. 30, 1874,
Memphis, Office,
Sep. 1,*81-93 $<24,635.
do

Jan.,

N.Y..Clark, Dodge & Co

New York.
London.
Mobile.

Interest default Dec., 1373. av.d a compromlse M'ith bondholders nearly completed
whtn a receiver was appointed, Dec ,
Dec., 190 j
187). Land grant Is about 4,565.112 acres.
Feb., PM
Last report and details of debt
in
May, 1890
Chronicle. V. 19, p. 29. (V. 20, p. 1.0 )
A

J»n., 1389

Jan.

l’/1899

Stock, $5,950,000. Interest i assed Oct.,
787S.
(V. 17. p.835; V. 18. p. 15.)
Tlie Cent. RR. Ga .endorses $212 500 of
Jan., 1889
1st and all the 2d mort. bonds.
Net
Jan., 1887
earnines, 1873-74; $4,249.
1900
Sol i in foreclosure,Nov..*74. (V.20, p.62.)
The report lor 1873 shown grosn earnings
of $2,801,127 ; expenses. $1,896,264 ; net
earnings. $904,862. Of the new consol,
1883
bonds $’2,500.(00 are *held in Dust to
1883
retire old debt.
See annual report for
1883
1873 in V. 18, p. 607.
1901

Apl 15,1890
1872-76

London.
N. Y. & London.
Mobile,
do
i877
New Yoik or London. Jan. 1,1904
Sold in foreclosure. Dec. 18. 1874. (V.
N. Y. G. Opydke & Co.
p. 39. 295 36i, 479, 639; V. 20, ]>. 16.)
do
do
do
do
Int. in default since Jan., 1873. (V.
N. Y., G. Opdyke & Co Mch 1, 1886
p. 84, 156, 649 )
,
June 1,1900
Defaulted, 1873. (V. 19. p.
N. Y., Union Trust Co.
1890
Leased In perpetuity to Del..
N. Y\, Dei. Lack. & W
Jan, 2,1874
The lessees assume all liabilities and
do
do
1914
7 per cent on stock, and 3
do
do
1891
they then earn 10 net on
do
(lo
1900
1^73, net earnings were $1,198,846.
do
(io
1889
p. 85.)
do
do
-

do

do

19,

F. & A.
F. & A.
M.& N.
A. & O.
M. & S.
A.&O.
M.& N.

Q—J.
A.&O.
J.& I).
J.&J.

J.&J.
J. & J
A. & O.
M.&N.
M.& N.
F & A
J. & J.
F.&A.
A. & O.
A.& O
M.& N.
Fufc A.
M.& N.
MJb N.

17.

39.143,508.1
Lack & Wes.
nay

after 1871, if
M.&E. In
(V. 20,

Oct., 1901

New York & Nashville. Oct! 1,1874 Gross earn'ngs of cors\l
W re $1,876,630;
exp’s,
N. Y., V. K. Stevenson. 1681 and ’91
earnings $ 32.875
do
do
July 1, 1913 Leased to L. & N., at 6 p.c.
N Y., Drexel, M. & Co July 1,1900
.

Nashville, C .’b Office.
Boston & Nashau.

roads in ‘73 74
$1,343,757 ; net

Net income,

Bridgeport, Conn,

stock. (V 13

on

p, 807.)
Oct., 1887
Nov. 2.1374 Net earnings 1873-74, $75,512.
Oct. 1, 1874, $187,362.
1893

Surplus acct,

1873-74, $187,122.

Feb., 1875
July, 1876
N. Y., Union Trust Co. Nov. 1,1889 Leased to Sand.,M.& ».; guar, by B. & (>.
The Toad is’ieased and operated by tlie
New Bedford, by Treas. Nov.2, 1874
Bost. Cl. & Fr. K.R. for 8 p. C. on stc ck
Bost.,Sutlolk Nat. Bk. July 1,1881
and lnt. cn debt.
do
do
July 1,1894
Newcastle Penn.
July, 1875 Leased to Pittsb. & F. W. Co. V. 16, p.523.
N. Haven, E.S. Scranton 1S98 & 1900 City of N H. guar. $225,000 of these.
Defaulted Nov.
N. Y., Leonard, Sh. & F. May 1, 1889 Completed April, 1873.
1872.
(V. 17, p. 211, 460. 661.)
1881
One divi¬
Net earrings, 1873-74. $221 (46
New Haven,
Oct., 1878
dend paid, 3 per cent, Oct., 1:74.
do
Jan., 1899
do
Apr.,’80-’82
do

1891

*7

paid since Nov., 1S72.

Rross earnings34,081. and net line and
(n irain earnings.
ranches of $ V

Jan. 1, 1890
1890

Mar.

not

880. 649.)
The annual report to
p.

.

6,250,000
89,421,330
5,936,526

189b

1889
N. Y.. Winslow, L.& Co
Aug., 1899
N. Y., Turner Bros.
Dec., 1901
N. Y., Merchants’ N Bk June
1,1902
N. Y\. Union Trust Co.

do
do
do
do
F.&A.
do
do
M.& N.
do
do
M. & N.
Y..
J. & J. N. Y. Farm.L. & T. Co
A.* ().
Boston, Co.’s Office
J. & J.
Savannah.
N. Y., Nat. City Bank.
J. & J.
J. & J.
Savannah, C. HR. Bk,
N. Y., Soutter & Co.
M.& N.

I

3.000,000
3,000,00 i

1373

N. Y.& Boston.
Boston Oltice.
do
IN. Y. Farm. L. & T. Co
do
do

Q-M.

<>*•

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

1869

do
do

do

4,000,000 8 or7
4,967,845

1,279,000

a’"0*1- & Montreal—1st mort.., gold..

M. ^ S.

1,000

i374

N.

8

7 g8

p.219 )

Jan., 1900

Interest
Y., Swenson, P. & Co May 1,1890

8
8

605,000

68&70;5^0*0
1869

do
do

J.&J.
M.&N.
A.&O.
M.& N.
M.& N.
J.& J..
M.&S.
J. & ,J.
M.&N.
J. & J.

8

Bk.

1*,

1813.

was
al meeting, 1873.

—

M.&N.

2%

May

authorized ar tlie nnm
(V. IS, P. 527; also V. 17,

June 1,18921 Consol, of Marquette & Ontonagon and
& O. Lands
Company’s oflice. July],I892j Houghton and mineral.425,(00 acres chiefAug-1,1892; ly timber
Stock, $2 306,700.
do
do
Nov. l,1885;Cousol dated into N. J. Southern. Cjiron*
Bost.. Bk of Commerce,
Dec. l,lSS9i
IOLE. V. 15, p. 801 : V. 16, p.661.
do
do
N. Y., Howes & Macy. July 1.1390 Default J«ly,’73 (V. 19, p. 143; V.20 p. 186)
Mr. R.T.Wilson, Pr^s. i f the Hast Tenn.
' Ya. & Ga. ro»id w is eUcted Pres, of the
N. Y.,8d National Bank.
M.& C., with a new Beard cf DirecN. Y., R.T.Wilson&Co May l, 188°

8
8
8
8
8

5
8

$523,150

against $432,539. net earnings in
Tlie 4th m« rtgage for $4,000,000

Boston, N. E Trust Co.

7
'

300,000
15
13
52

Mercies’.’Nat.

Ba't.

A.&O.
A.& O.

6,575,295
5,800.000
2,100,000

Oct. 1.1895

N. Y„

J.’&’j.

3,000,000

500,000

”ioo

(t<>
do

do

8
8

640.CC0

100

1856
1869

M.&S.
M.&N.

5,000,000

500

237

do

500,000

14,165,450

1,000,0*0
1,000

MAN.
J. & .1.
.7 & .7.
J. & D.
J. & J.
F.&A.
M.& N.
.7. & D.
J. & ,7.
J. & D.
J. & J.
M.& N.

4s.

13,504,000

1,000

i’.ooo

M.& N.
J. & J.

J.&J.

10
8

3 220.000
350 000

1,100.000

Port¬

June,’7 -’i7
Mayis, 1890

Sept.,
Sept., 1866
Balt., R. Garret & Sons. Aug. 1,1891
Aug. 1,1891
London.
Balt., R. Garret & Sone. May 1, 1896
July 1,1890
do
do

21,405,000

250,000
5,000.000
2.000.000
377,500
800,000
33,500
2,500,000
5,320.600
847,975
5,732,000
1,532,200
769,920
1,685,000
53.000
1,453,858
(?)
1,800,000
780,000
888.0.0
1,040,000

100&C

'itO

’

Mortgage bonds

1,000
1,090

100&C

1873

|

Newcastle A Beaver Valley—Stock
New Haven A Derby-*!st niort

1,000

”ioo

1873

..........

Newburyport—1st m. bonds

i'ooo

i’.ooo
1869
1870 500&C
500
’59-’66
1869
1,000
500
1867
1870

516

6
7
7

3.006,000

1.000

1868
1870
1871
1870

7 g.

3pr jr

556 000

1,000

182
100
269
70
70
161
161
85
85

8
6
6

18.733,204
2,179.000

8.000,000

19, p. 190, as to

Operated witli Concord RR.
L’s’d to B.Cl.&F..at ]4 earn’gs. (V.16,p.l8S)
In progress. (V. It*, p. 51.)
Gross earnings for year 1814, $2,094,510 : ex¬
1866
penses. $1,5.1.3 9 ; net earnings,

do

7
8
8

750,000

1,910.000
2.0C0.0UU
1,760,900
850,000

1370
1856
1866

1st mort., coup. ($52,000 convertible)!’.’.’
Newark, Somerset A Straitsv, O—1st mort.
New Bedford-stock
Bonds
.'
Bonds

R
B.& N.F. stockh’d’s do
■.Bonds railroad stock,.
do

i

8

1,125, 00

i 868

Naugatuck—StoeK

do

Jg

2,004,000
300,000

1,000

100&C

gold, (for $15,000,000)*.'.’.’.’.’
Montclair of N.J.—1st M., gold, guar..
21 mortgage
Income bond'
‘

mortgage (Miss. Ceutral.)

M. & S.
3 8.
3 8 M.& S.
F.& A.
7
F.& A.

4.438.000
2,450,000

500,oat

538; see also. V.

land & Kennebec.

Apr. 1,1883

6g.!M. & N.j Belfast and Boston.
Nov. 2,1874
5
| M.& N. ! Manchester & Boston. July 1,1889
7
J.&J. (Boston, Bost. Nat.Bunk
Aug. 1,1895
7 g.l F.&A. N.Y., VMnalow,L.& Co.

1,000.000
300,000
1,500,000
1,386,000
8,103,650

5,812,725
1,814,142
1,298,000

Stocks,
lastDivi’d.
n.

Bost., N.Bk.Commerce.

1,000

50 &c

by Whom.

217,300

1,166 700

500,000
491.200
424,000
1,450,000
289,000

i’.ooo

Payable and

do

1,800,000
1,000,000

1,000

t Payable.

Where

Augusta, Me.

600,000

1,000
1J00
1,000
1,000
1, 00
1.000
1,000
1,000

When 3

Cent.

1,000,000

1873
1860

100

2d mortgage
Consol, mort..

do

per

REMARKS.

when Due,

iiate

37.000

409,414

do

Northampfcanal

INTEREST

150.000
1870

785

gld,s.f.,on road& land,(U. P.S.Brj
1st mortgage, gold, (Tebo. & Neosho)
Consol. M„ gold, on road and land
Haun. & Cent. Mo.. 1st mortgage

fa mortgage,
tons l

•

standing.

82

1st M.,

^“^r^age,

500&C
100

1870

1870
1870
18S6
1869

Consolidated bonds




•

Out¬

35
100

Tennessee State loan
Mo. Hans. A Texas-Stock
Preferred steck (for $7,000,003)

p*.

•

•

140

Mississippi A Tenn.— 1st mort..

o

•

'569

Michigan Lake Shore—1st mortgage
Midland Pacific—1st mortgage, gold
Milwaukee A Northern—1st mortgage
Mil., Lake S. A West—1st mort., gold
Mine Hill A Schuylkill Haven—stock
Mineral Point (Tra.)—1st mort
Miss.. Ouachita A Red R.—1st M.gokl

A, mortgage,
m* mortgage.
TulS,nn-btate Loan

•

«

131

do
2d mortgage, conv. ' gr*®
do
1st M.(N.of Win.) conv. | a is tt
do Cono.M.onwh.line(hfJUm) J SS£

2d

i870

5
c.
100
100
100

i8*3

291

Michigan Air Line 1st M.,as8.um.byM.C.
Equ pment bor ds
Kalamazoo & South Haven, 1st M., guar,
do
2d M.,guar...
do
Grand Rlv. Valley, 1st M., guar
do
do
2d M.,guar
do
do
stock, guar
Detroit & Bay City. 1st mort., guar
Jack. Laus.ifc Sag.^lst mortgage.. 1

m

cc

1-

100

Consolidated mort. for $10,000,000)
Michigan Central (Air Line mortgage}

.

0 >

22

AND BOND

Ronds, i

Amount

3,000,000

M. 1. gr

1st mortgage,convert., sinking
1st mortgage, convertible

N. Raven A

oS’

1,050,000
2,500,000

1st mortgage, convertible
2d mortgage
income bonds

New Haven, Middletown
2d mortgage

s«

•

Marquette, U. <£ O.—1st M., l.gr., M. &
1st mortgage,1. gr., H. & O., coup
Consol, mortgage, M., H. & O., coup
Maryland A Delaware—1st mortgage
2d inortgage
Maysville A Lexington—1st mortgage
Memphis A Charleston—stock
Tennesssee Loan

2d

-25

•

1st mortgage, dollar
1st mortgage, sterling
2d mortgage
3d mortgage
4th mortgage lor $1,000,000
Scioto & Hock. RR., 1st mortgage
Cin. & Balt.,stock, guar, by M.C
do
1st M. guar, by M. &

f

00

....

1st mort.

Stock, 1st preff
Stock, 2d pretf

‘

FN

....

extended....
Consolidated mort...
Somerset & Kennebec, 1st & 2d mort’s... "33
Belfast & Moosehead, 1st mortgage,
26
Manchester A Lawrence—stock
22
Mansfield A Framingham—1st mortgage..
100
Marietta A Pittsb—1st M,$14,000 p.m....
27 S
Marietta A Cincinnati—stock, com
do
do

do
do

217

THE CHRONICLE.

N. Y., Co.'s
do

N

Office,
do

Y., Co.’s Office,
do
do
do

do
do
do

See report by Hie President.
1695
8(4 : also V. IS. p. 7 i
18 1
Nov. 1,1889 Stock, $‘,< 00,000. Int. io
Oct.. 1873. Chronicle. V.

(V. 17, p. 357

default since

;6. p. 595.661
684. V. 17, p.58l, 650; V. 18 p. 168, 273, 455

1881

Apr. 1,19)3;

V. 19. p.3-8.

MOO

May 1, 1930! fn foreclosure. (V. !9. p.
Jan 2, 1875 !Op. under lease till L-91 by V .
New London. Office.
Y., Bk of N.America Sent.. 1685! $150,000 per vr, Nominal (U'-plua
do
do
Julv, 1892 I Oct 1. 1574, $69,717. (V. 19. p.
New

York, Co.’s office

N. Y.. So. RR. Ass’n.
N. Y., J. B. Alexander,
do
do
N. Y., So. RR. Ass’n.
N. Y., J. L. King,
do
do
do
do
New Yrork Co.’s Office.
do
do
N. Y., Duncan, S. & Co.
N. Y. Union Trust Co.
do
do
do
do
do
do

Central at
acct.
111.)
Jan.’1,1915! West. Div. 3ol Nov. 18. (V. 20. p. 16.62.79.)
Operated by So. RK. Astociation. and in
Ji cennec. w Ith Ill. Cen. The N. O. Jack&GtN and tn • Miss. Cen. were consoli¬

Jan. l, 1912
July 1,1886
Oct. 1, 1890
May 1, 1912
Nov.,’75-’8l
1886
1886

dated, Jnly,.*<4. Of the consol, mort. the
$8.C00,0 0 on each r-nao, enough
being retained to redeem old debt. III.
Cent, buys $200,0J0 peryenr of Cons. M.
bonis. Annual report V. 19, p. 119.
issue Is

•

May 1,1889 These mnrtg’s to retire all divisional
bonds. Ia default. (V.20. n
)
April, 1901
Oct. 15. ’74 Consol.,Nov. 1 1869, of N. Y.C.& H.R. roRds
In 1868 the stock of the two separat e Com.
May 1, 1883
panies was $42."12,700. The consol. cer_
Aug. 1,1876
May 1, 1883 tifleates were i:ov vertlble into stoc.
May 1,1883 July 10,18i2. The new loan lor f40,00ur

K’

RAILROAD
DESCRIPTION.

-St

Miles
of*
Road

For explanation of all references, see
foot notes on 1st page of RR. Tables.

Riv.—Continued—
(4. Y. Cent.)...
convertible till'69
do
....

Renewal bonus

Amount
Out¬

Htf.'HX)

vaaatua,'

Cou-oi. mort.,cou. or
Sinking fund

reg-(for $12,000,000)

434

northern—1st mort

($4,0(X).000)

N. Y., Kingst.it <yra.—lst.M. gid
New York,N. Haven et Hartf.—stock...... .
1st mortgage (N.'Y A N. Havea
Harlem t Portcbester, 1st mort., guar...
N. Y. it Oswego Mid.—1st M.,gld
2d mortgage, convertible
2d mortgage, non-convertible
3d mortgage, equipment
1st mortgage. West, extension
Consol, mortgage
N. Y., trov.tk Host—
..
1st mortgage

Extension
General mort.

100

($1,000,000 authorized)

North Penns//1nania—Stock
1st mortgage
Chattel mortgage
2d mortgage
General mortgage bonds
Northern Central—stock
1st mortgage. State loan
,
2d mortgage,sinking fund, coupon
3d mortgage, sinking fund, coupon......
8d mortgage, Y.AC. RR (guar by

313
188
138
133
26
138
133
138

gold, coupon...

S.OOO.tMX)

400.000

*

*

100

400,000
245 000

3,077,000
2,000,000
50),000
1,000
468,000
1,000
100 20.1 00,0 0
100
4,030,000

Equipment bonds
Sinking fund onds

•

•

6V69

•

•

1Q7 n

393
393
148
393
393
393

Ohio tt

••

nart)

Consol, mortgage, sterling,
2d cons. S. F. mort., tor $4,000,000.........

$1,000,0)0).

1

1*,660

l,100,tXX)
6,583,271
33,000
458,000
1,000,000

is«4

? XX)&c

1,000

1865
]866
1867
1871

XX3&C

9

200

10,950,000
1,000
50

31
31
86
481

Russellville—1st M

201,000
1872

isi->

bonds.
Carondelet Branch. 1st mort
••
Lex. & St. Louis Branch. 1st mort. gold
Leavenworth, Atch. & N. W., 1st mort...
Paducah .f- Memphis—1st mort., gold
Panama—Stock.

sterling

’69-*7°

1870

i873
•

•

•

1.000

1,000

500,000

1,541,000
7,000, (XX)

1,076,000
2,779,000
"’50 71,029,249
1,0T0
4,97'l,(XXt
1.000 2,583,600
1,000 2,282.240
1,000 19,518,760
5,401,000

l’.OOO

50

•

50

do

.

Income.bonds
Pennsylvania J* .V. I”. —1-st mortgage, guar.
1st mortgage,

Ids)

Perkiomen—1st mortgage
Petersburg—A ock

98.).

•

"21

1871
1866
1S66

105
46
46

1,0: X)

)00

83
90 V18
82
82
R'2
36
36
10

287

600,000
1.000,000

1870
1S67

1,000

1,500,000

.




„

100
100

500,(XX)
1859
1869
1866
....

101AC
lOOAc
10 Ac
50
0

is57
1869

1,00(.
1,00c
LOOT
d.Ot*
5C
5(

t

-

r

„

619,(XX)
1,324,200
341,50"

287

„

1,500,000
l,50C,0i0
1,200,000

5;)0Ac

1861
1863

t

3,360,000
3,000,000
3,111/00

1864

40
287
287

P. R.

i’ooo

Preferred stoci...,

Loan debenture

•

25.<XX),(X10

360.000
340.000

Philadelphia f- Bead.—Stock.com,
Loans inconvertible
Loan mortgige. e, invertible
Loan mortgage, sterling
Loan mortgage, sterling
East Penn. 1st M. Sink. Fund
Loau mo’-tg.ige, sterling

•

•

1871

105

93,847
2.889,330
1.200.000
5(H), 000

’43-’4 9,
1857

....

1,(XX )

800,000
400,000
300,000

6,048,700
2,400,000
1,000.000
5.000,000
3,000,000
7.2V2.<MM)

32,722,775
1.551,800
1.510,500
82,500

1836

1868

i'.oot)
....

134.41X

1.188 900

,1390

Mar. 1,18

Apr. 1,18*2

Jan.

Office.
do

do

Philadelphia, Office.
do
do
do

Philadelphia. Office.
Boston, Office.
,

do
do
do
do

N.

April, 1911
May 1,1883
Jan., 1874
Feb.l, lv96
Apr.
July
May
Jam
Sept

Y.,Kountze Bros.

Newark, Office.
N.

Y.,

N.v.,
do

N.Y.,

M.A S
A. A O.
J. A D.
A.AO.

N. Y.. Bk
do

Q-J.

New

7 g.
7 g7 g.
7

n rad.N B

R-R

7

7 g.
5

7
6

by Pacific of
C jut

by State

Oct.

1891
L99

1,1889

t, Nov., 1874, the ’•ale

Cost to

6 g.
6
5
6 g-

2 V*
3
7 g.
7

do

Oct.

W. HopktnsA Co
Philadelphia. Office,

N.Y.. S.

do

do
do

toek, $1,600,0( 0. (V. 19, p. 351.)
tock !8 $.50,00*1.
Feb., 1900 l/sed to Toh.W.Aw. for 47 yrs.(v.l< p.514;
( V. 17, p. 155, 650, 753.
.
May 1889-90
Dec. I, 1-7) The annual report tor 1873, with full ML
anr-c sheet, Ac., Is given in CitRONrci *
Jan., 1880

do

Philadelphia office.
do
do

Q.—L

London, L.

A. A O.

7
7

Pittsburgh Co.’s office.

4
8
7

.

7 g.
6
3
S

8
7
7
6

A.AO.
J. A J.
J. A J.

j.’a’j.

3.7, 473, .01;

•

Asiatic Co.T July 1,1905

f.’a’a
J. AD.
J. A I).
F.A A.
J. A J
J. A J.
F.A A.

Phila., Bk. No. America,
do
do
N.Y., Chic., R.I. & Pac.
New Yo k. Office.
N. Y., Unp. A Trad. Bk.
New York and London.
Phila., 227 S. 4th st.

Oct.,i87(

(V. 18. p. 584, 630

„

July 1 1677
July 1.1894
Feb.. 190'
Apr. 1.1897
1872

do
do'

4

j.’a’j. Philadelphia,Penna RR.

7

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

Oct., 1891

2K
2V*
6
6
5 e
6

7
I/

do
do
Oct. 1,1877
Phila.. Pa. Life A T. Co. Mch 81J8S1
do
do.
Julv 1, 1838
Phila. A London.
July. 19’0
la:.. 2 ». ’7 >
Philadelphia, Office,
Q-J.
do
do
J in. 2», ’75
Q—J.
1880
do
do
J. A J.
-,sft6
(lO
uo
,J. A J.
1880
London.
J. A J.
1880
London.
J. A J.
1888
M. A s:
Philadelphia, Office.
1877
London.*
J. A J.
1 ;;18»3
J. A J. .^Philadelphia, Office.
.

at

391)

$2,000,000.
.

r

Pfl„

I- & r

$125,000 per yr.

interest in cefault.

1902
Jan., 1879
Jan.,

....

6
7
6 g

V. 19, p. 295, 338,

(V. 19, p.

35L

B.A Co Jun.,’79-’9S

Philadelphia, Office,

J. A J.
J. A J.

V.20,p.16,86.)

Aug.10,1901 In process of construction.
Oct. 1, 1891
June 1,1896 Stock, con. $1,561,700; pref.
(v. L7, p. 85.)
June, 1906
i
eb., 181? Leased in perpetuity to C.,R.

Jan..

N.Y., Lancaster,

18, pp. 283 A 389. Re ort “f ImesUgating Committee in V. 19. | . 295,388.3--''
(V. 18. p. 192, 285,350, 504, 582; V. 19. Pv.

1910

A. A O.

«

.

.

April, 1875
April, 1375

T ondon.

A. A O.
J. A J.

$3.778$38.
of operations i83uea.

(0.1897

July 1, 1-92
Jan. 1. 1S78

.

Jan., 1374,

Jun.15 1875 N> recent, report
(V. 16,p.617.)
Apr. J), i‘

York, Office.

.

.

1873-71.

1872-71.

Mo. By U. S. Supreme
of this road
held va.id. (V. 19, p. llo, 5(4.)

gib., 1885
Sept.. 1392

do

London,

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

316, §howmg:

Earnings.... $3,343,816 $3,754,422 $3,418,174
Oper. exp.. . 2,359.838 2.613,313 2,546,889
Net
984,008 1.141,109 981.193
literest, Ac.
921 619 1 038,13 7 773,138
(V. 18, p. 3; V.19 376.)
Financially e 1 barra-sed. and forrclosure
pe ding; sale no ice
.f r Mav 15.187),
1 atest ie ort in V.20,p. 163. (V. 18.D.584.
V. 19. p. 119, 248, 376, 480, 504, 6)0; V 20,

Oct. 1
Dec. 1,

of Commerce

do
do
N.Y.,Bank of Comm’ce

A. A O.
A. A O.

p.

,

do

N. Y„ At. A Pac.
N Y„ Bk Commerce,
do
do
do
do
St. Louis.

monthly

1871-72.

(V. 19,p. 379, 48 .)
May, 1915 Op.by R. W.A O., at 8 per ct. on $800.((W
stock and int. on $325,000 1st M. bonds.
Feb., 1891
Aug., 1874 Leased to Del Lack. A v\ est. ior int. on
bonds and 8 per cent on stock.
1885
Feb. 1 ’9.> In progress, Owensb., Ivy to Sprigf., Tenn
Jan. 20, ’75 Road leased July, 1872, to Atlantic & Pac.
RR. at 5 p. c. a year till J ly, 1875 ; then
Aug., 1888
6 to July, 1877, and7 per cent thereafter
Allg.. 1891
The tW" last bonds in th s list are guar,
M; y 1, 1892

do
do
Del., L. A W. R.R

do

l,i882

2,1890

in v.19,

p 111, 163.)
1, 1888
Old Colony A Newport and Cape Cod con¬
1,1
solidated Apr 1, 1872.
Gross earnines
1, IS-4
in 1873-74. $2,3il,251; expenses, $1,516,015
Apr. 1, 1875
net, $112.03-:. ( .< R R. bouuB, $305,
Sept., 1876
0; 0
(V. 18, p. 56, 528,584.)
Aug., 1877
Funding propo-itions offered.
Jan., 1901

Drexel. M. A Co
Mercantile N. Bk

N.Y.,Inip. A

1,1893

Jan. 1,1898

London.
New York

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

3’

967,‘200
495,900

i836

March

Ycik,Office.

*

182 400

1836

Co.Bk.

do
do

Q-J.

U/4

800,000
700,000
1,500,000
500,000
909,000

£225
1857
£200
1857
500
1872
5 X)Ac
1868
1871.
1,000

355
355

2d mort i age
2d mortgage,

sterling
General M.. Pit. to Pitts, coup & reg
State lien (Instalments) bonds.
Con-ol. mortgage, gold ((or $100,000,(XX))
Pennsylvania Co.- Com. stock

1,000

6 g7
8
7
7
6 g.
6 IS7

”ioo

15V*
55 V4
21
115
47
47
47
75
12
67
205
869
355

General mortgage, sterling
Paris if- Decatur. (Ills.)—1st M„ go d, s.f..
Paterson if- Newark—1st M., guar by Erie.
Pekin. Lincoln if Decatur—1st mort.,
Pminmlar (Mich )—1st mort., gold; e. f...
Pennsylvania— Stock
r
1st mortgage ....

100AC

1873
1811
1870

....

Income

50. Ac

1,000

8

7,(XX),000
2,801,000

1,000

1868
1811
1871

7

1.500,(XX)
7,000.000

500Ac
10"

283
283

•••

annum)..

Bonds (payable $25,000 ycar.'y ’79 to
2d n'ortgag •
Ph.iladel. <f- Balt. Cent.—\st M ..(Pa)
2d mortgage (Pa.)
1st mortgage (Md.)
.
Philadelphia *(* Erie—Stock, c m
Preferred stock
1st mortgage, Sunbury & Erie
1st mortgage
2d mortgage
2d M. gld (for $ .'0,000/XX)) guar, by

350,000
200,000

1,000

1865

28M

617.)

1,1922
July l, ::'<>>
Dee. 1,1871 Net earnings in liscal year 1873-74, $287,%t>.
1871
Oper. by Erie at 35 p. ct ot gross earn’gs,
which iu’73 were $293 943. Div.,’13.4 p.c.
1878
July, 1890 D-'fiUlted. Jan.. ’74. (V. 0, n *-6,141 )
Ian.’. 1,131? Leased, Feb., 1869, to Bost., n A E., for 10
July 1, 187‘
years at 10 per cent, per annum, on cost
uly, 4-17
a-.. 8,187? Leased, Mar.. 1870, 20 yrs, to Vt. Cent, for
lnt. on bds,8 p.c. on nrf. stock, 6 on com
Ct. 1. '874
for 3 yrs, 7 for next 3, A 8 for 14 yrs.
Jan., ’78-’79
Sec full report

New

.

1,450,000
1,000
1,000 16,000 p.m
546,000

40

Missouri—stock

guaranteed
Peoria if- Bureau Val.—Stock
1st mortgage, guaranteed
Peoria. Pekin ,t Jacksonville—1st me
Peoria if Rock f.—1st M.( !ter$t50,000

580.000
500 000

10'

....

I?:

Office.

do
do
do

J. A D.
A. A ()
J. A J.
J. A J.
A.AO.
M.AN.
J.A J.
F. A A.
A. A ().
J. A J.
M.A N.
J. A J
M.A S.
A. A O.
M. A S.
F. A A.
J. A J.
M.A N.
A. A O.
MAN.
F. A A.
F. A A.
M.A N.
F.A A.

500,(XX)

1,000
1,000

....

209

Mortgage' boqds

Preferred stock
1st, mortgold. (be d bv Pen. RR.;.—
Penn, it Delaware—lit mortgage

3,672.000
1?0,0(KI
4,959,450

1,000
1,000

"95

Consolidated mortgage

112,000

p.

April, 1-80

England Ti ust Co.
do
do
do
do
Boston, Office,

M.A S.

6,623,000

50

91
95
95

9td Colony—Stock
Bonds
f.
Bonds
Bonds
Bonds....
•
Omarui it Northwestern—L. gr.. gold bds..
Orange it Newark—Ut mortgage
Oregon it California—1st moit.age
Oswego if- Rome—1st mort, guar
lacome mortgage bonds
Osioeao if- Syracuse—Stoc-.., 8 p. c. guar..

.

1873,

Jan.

City, Hudson

.

New

.

174,500

1.000
1.000
£200

1862
1863
1868
1871
1873

inly, 19(H)
July, 1900
•

do
Boston,

A. A ().
.J. A .1.

3V*

Jan., 1877
j

t«f»

$1,?83,851, being $422.0 2 more than in’ii.
Annual report in Chronicle, V. it, p.
512.
Bvonosition made for lease to
Penn.RR.* (V. 18 p 3.6, 512, 581; V. 19,

July, 1885

London A Baltimore.

.

100
100

122
122

April, !9(X)

Philadel.

Harrisburg,

J. A .1.
J. A J.
,1. A .1.
J A .1.
.1. A J
J. A J

30.000,000
2,604,400

1(

*

May 1 ls96

do
do
do

.

.

$545,866

Julv 31, ’71 Company owns 138m. and leases 115.,
Irredeema.
operated, 313m. Nei earnings in

.

2,000.000
3.068,40')

1,000

1872-73, $1,477,510

eb. 1,1-75 Gross receipts in yesr
Jan. 1, 1885
expenses. $931,574; net earniegs,
surp ns above interest. $195,615.
Apr. 1,1817

do
do
do

Baltimore,
do

A J.
A. A O.
J A J.
,). A J.
A. A O.
A. A O.
J A J
J. A J.
J. A D.

J

l.Off’.OOO

$403,351; net,

8

Annapolis.

Q.-J-

2U5.0CO

$145,215.

Sept.1,1899

Baltimore A

M.A N.

1,000.('00

*

Sept.1,1899

•

1,500,<J00
1,934,000
1,223,000
2,520, (XX)

.

653 ; v. 17 p. 155. 218.)
Interest certificates for $109,023 are due
Gross earnings, year 1873-74,
in 1875.

1872-73

Philadelphia Office,

5,842,000

202,602

N. C.

do

M.AN.

50

era-ion«, $786,382. (V. 19, p. 62, 248,
851. 640; V. 20. p. 63 )
Annuai report for liscal year endingSept.

1, 1874, shows net earnings, $383/36,
leaving > surpl s of $69,H6 above interew a"t! r'ivhlend payments.
Full report V. 19. p. 50-5. r
April, 1874 Lea ed
Sept., 1871
Richmond &
to
July, 1871 ; Danv. R
at $260,000 per an. (v. 16, p.

Charleston-

43',500

50

1870

do
do

do
do

M.AN.
M.A S.
M. A S.

66

Preferred stock

1st mortgage,

Company’s Shops

M.A N.

1 .£00,000

”66

Ogdensb. if- L. Cham— stock

bonds.....
bonds)

.

O.

A. A O.

100

550

3 1 mori^a/e

1st mortgage, gold.........
2d mortgage, (s. f.. $50,000 per
Real estate (depot)
Debt to -t. Louis County (no

do

j.’a’.t.

'50

1S74

,

do

360,000

5(

1855
1865
1853
1,868
1868
1810
1372

M. Morgan's Sons Jan. D, ’75
1378
do
j
do
Julyl. 18761
1878 A 18811
no
do
do
do
July 1 1899:

N. Y

3.596.500
2.159.500

21
21

loan,sinkingfund.

Deben' ure sinking fd bds (for
Oil Creek it Alleyh. //.—Stock
1st mortgage ( W. A K. It.)..
1st mortgage (Oil Creek R -.)
1st mo 1 gage (U. A T. RR.)

J

97.000
820.000
2(5,500

m

142
OO CN>

Northern of N. Jersey—stock
1st mortgage.
-•••,
Northern Pacific—1st Mort., gold, 1. er..
\oridch
Worcester—Stock ............
1st mortgage,State

Owensboro if-

•

do

do

J.
N.

380,000
899,350

1,000
50> &C
...

do reg
Income convertible bonds, cou; on
for roads purchased, coup
Income bonds
Co sol mort. gol l.sinking fund, coup
Northern, N. //.—Stock

Pacific of

1869
1869

’56

Balt).

Mississippi—Stock, com .
Preferred stock (emnula ive)
Income a id fun ic l deb bo ots.
Conso! mortgage (sinking iund on

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

4,000,000

500
50
50
500
500
50
500&C

67-.68

Co.

•

324.200
223
102
10:
102
102
58
56

do

Y., G. Opdyke A
<io
do

N.

CJ.-J.
F. A A.

827.000

100

Cen. Depot

or

76,000
100,000
250,000

1,000
l.CXX)

Mew York.

M.AN.
M.A N.

1,200,000
2,500,000

1,000
1,000

1868
1866
5*-’60
1869

N.Y., Gr.Central Depot,
do
do
do
do
do
(In
N. Y., St. Nich. Nat. Bk
N. Y., Grand
do

Albany; this work was ne.-riy com¬
plete 1 before January 1. 1875. (V. 17.
p. 16,251, 091; V. 18, p.* 583; V. 19, p.n.
39; V.20,p 42.
’

Jan. 1,1903
Jan. 1, 19 3
•Ian. 2, 1875 Gross earnings, $2 856,525; operating ex¬
Jan 2,187?
penses, $1,719,38); net earnings, $1,137,741. Leased to N. Y. Central at 8 per
May. 1900
cent per annum on stock and int. ou bds
Jan. 1. 1381
Oct. 1902 Embariassci. (V. I9.p. 4 0.)
July 1,1902 Tobesold in foreclosure, (V.19,p.366,583.)
Jan. 1, 1871 Net earnings, 1313-74, $1.7/7.361. See an¬
nual report in C hroniclk, V. 19. p. 554;
Oct., 1875
1903
V.20, p. 62.)
Receiver's certifi¬
July 1, lc94 Interest in default.
cates < f considerable amoum have been
Mav 1, 1895
is-ued ant the fl ating debt. Sept.30,
May, 1896
1874. was $6,214,629. Deficit of year on

London.

j.’a’j.

1.500,000
8,800.0 K)
2,425.000

1873

Preferred stock
Mortgage bonds.
Northeastern IS. C.)—stock, com..—• •• ••
Pref. stock (<s p.c.)exch’ngeable for 2d M.
1st mortgage, new.
2d mortgage, new

"

liO&C

Carolina—stock, com...

Consolidated mortgage,
do
do

15,500,000
1,059,000
1,000,000
8,000,000
2,500,000

500&C

1«73
1869
1870
1871

Improvement
North

2.500.000

do

do

A J

I

000 is to pay for laying two more, tracks
mat-i g four tracks from cuffalo to

Trust Co. May 1, 1883
do
Aug. 1,1876
Dec 15,1887
do
N.Y., Grand Cen. Depot. June, 1885
do
do
May 1, 1875
N. Y., Union Trust Co. April, 1K91
N. Y., Union
do
do

M. & N.
J. & J.
A. & O
,T A .T
J. A .T.
A. AO.

108,444
249 000

500&C
500&C
,000
100

i855

(Stonington)—Btock

'

50
50

18T2
1861
1«?2
1872

—

Honsntonic

23,000,000
7.500,000
1,500.000
..000
3,500,000

1000)

REMARK-

Stocks,
lastDivi’d

by Whom.

M.A N.
F.A A.
J. & D.
J. A l>.
M.& N.
A. AO.
J. & J.
J. A ,J.
,J. & J.

1000)

Principal,
when Due.

Payable and

Where

t
Cent. Payable.

1,950,000

*,000

1871
1873
1873

840
840
132

„

Preferred stock

When S

2,900.000
1,894,000

vd mortgage,

-kt

Rate
per

166.000
88,000

,000
,000
,000

1854

— •••••

sink. fd.(Hudson River) —
8d mortgage (Hudson River)
Coupon bonds 1871 (not mortgage)
S $30,000,000 > coupon or
New mortgage ' £>.<J00,000 registered.
)
New York <k Harlem—Com. stock

discovered In our Tables.

Bonds, ?

INTEREST OR DIVIDENDS.

standing.

Y. Central rf* find,
Bonds real estate
do

STOCK AND BOND LIST

by giving us Immediate notice of any error

Subscribers trill confer a great faror

N.

February 27, 1875,

THE CHRONICLE.

218

by

trnst8*1
r‘

pe afed for sometime psst
of mar. mortg <ge bon lboiders.
W.i. A Balt large y interes'e '

„n,

Leased, Feb.,1862. for 999 yrs to Fenn.mGross earnings. 1873 $3,842,067 ; ne^eint •
ings. $4 8.756. The Penn. RR. pay*
c.. and Jan. 1, U74, was ereditor .«-■
A E. by $ .202.2:8.
(V. 13, p. 160, 3bi,
L*. p
. 1in^
24; V. 20, p. 8 )
The net earnings of main audbranen
^
in I87,r 4. were $'),?'20,2C5, against $5;35*e
in 1872-3. A large purchase ol.coal1

Ip

was

n

made

in

1871. and tiie

guarantees the mortg. bonus
A 1. Co. tor $13,413,500.
Th

i

I • *.
01 tuc '

.

Pre«ld«Jl
in Ids
report of 1874. estimated^
Company’s whole property to be wu
$34,227,671 more than charged on tn

THE CHRONICLE.

February 27, lb75.1

RAILROAD STOCK AND BOND LIST.
great favor by giving ns Immediate notice of any error discovered in our Tables.

'iu’M'Hberg will confer a
DESCRIPTION.

ss’

Miles
of*

Daofte Bonds. Is

all references,
explanation of all references, see Road
foot notes on 1st page of RR Tables.

For

0.

?hila. A Reading—Continued—
Loan mortgage

Consol, rnori. dollar loa i, coup, or reg...
do
gold, dollar or stealing
do
dollar loan gold
Debenture loan (convert. 1876-92). ......
Improvement mort., ($ orsteiling) s. fd..
Genl mort., sterling, * f. (for $iU,uOO,OUJ).
Coal & 1. Co., guaranted mortgage
Philadelphia A Trenton—Stock
...

26
20
100
98

A-Norristown—Stock.

phila., Germantown
Phila., IVilm. A Balt.—Stock
1st mortgage, convertible
Plain bonds loan
do
do
do
do
pittsb., Cin. A St. Louis—stock

Special impr. stock, guar
1st mortgage (series A)..

1 % ®

1st mortgage (series B)..
1st mortgage (series C)..
1st mortgage (series D)..
1st mortgage (series E)..
1st mortgage (series F)...
2d mortgage (series G) ...
2d mortgage (series II)...
2d mortgage (series 1)....

*■8
-J

o5

Z S^
_.

pa

...
...

§

*°

Jf3

3d mortgage

BndgeiO. & P. RR.) mortgage
P., F. W. & O. construe bonds.
Equipment bonds (r newedi
Pittsb., Va. A Charleston—1st mort.. g -Id .
Pittsb
Washington dk Balt— 1st mortgage.
2d mortgage, llalto. loan
1st mortgage, Turtle Cr. Div
,

Plymouth Kank.it lJac.—Is M.($3,600,(M)u.'.
Port Huron dk L. Mich.—1st mort. t raf. guar

M.,E. D. gl

Portl. dk Rochester—1st M„s.f. (Portl. loan)
1st mortgage, equal lien
2d mort. ( ortland loa i) s. f
Portland, Saco it Portsmouth—stock
Port Royal (S.C.)- st m -rtgage.conv.. g.~

Portsmouth,Gt. Fallsdc C'onw.—stock
1st Mortgage
Providence dk Worcester—Stock

90
62

5.00J.000
3,IKK),000
775,000
19,714,285
2,500,000
875,000

1,000
1,000
ioo
iuu
50 &c

1862
1862 500&C
1862 50 &c
1862 5 1 &c
1862 50 &C
18:2 5 0&C
IS 2 500&C
18)2 5 0&C
1862 :>C &c
1862 500& c
1863 500&C
1862 cl ' & C
1862 5 - &c
1856 5 0&C
1857
1,000
1874
1,000
1.0 HI
1868
1,000
1 000
1812
1859 100&C
1871
1,000
1869
1,000
1870
1871
1871 too&c

Columbia—1st M., coupon

•

....

20,(XX)!>.m.
1,800,000
80:',000
1,121,000
2,300,000

•

•

,

•

•

*isi
... ...

ioo

1871

1,000
100

....

•

•

•

•

•

•

•

....

tt(#

1873

•

•

•

•

....

,,,,

:

d >

gold

Sinking Fund

Equipment mortgage
do

till July,’79. coup

bonds,
do

New goneral mort
61. Joseph dk Denver C— 1st mort.
1st mortgage, We t. div., land grant
St. Louis,Alum it Terre Haute—Stock

gld,E div.

1851
1870

2$l

1868

218

i...

97

1855
1861
1872
1874

193
190

860
120

120
120
120
•112
170
-209

(cumulative).
1st mortgage (series A) sink, fund
1st mortgage (series B) sink, fuud
2d rnortg ge (series C)
2d mortgage- (serieB D)

500

187-1
1872
1S69
1370

143,000
175,000
9.000,000

1,000
1.000
100
100&C
50 &c
1,0: 0

2,479,700
4,163,700
500,0 0

100&C
500&C
100&O

incomo

Equipment mortgage

Si. Louis, Tron JIt. it Southern—Stock...
1st mortgage, coupon
2d mort., gold, ep., may be reg
Consol. -Mortgage
.
Arkansas Brandt, 1st mort.. gold, 1. gr.

Cairo, Ark.& Tex.. 1st in. gold. cp. or reg
Cairo & Ful., 1st M., gold., on r'd & Pad
St.L., Kansas C. it N.—Stock
1st mortage, (No. Mi souri.)

Real estate & R. mort. (to $0,000,0 >0)...
St. Louis, Lawrence A Denver— 1st M., gld.
St. L.A Southeastern—1st M.. gld, conv.s.f.
Consol, mortgage, gold, s. f.

‘Evansville, Henderson & Na-hv..lst vl.
(St.L., Vand. A T.H.—lst M.,S.F.guar
2d lb. s. f„ guar., ($1,(00,000 con. notguar.)

Income bonds
St.PuulA Ihic.—Brandt, 1st M.,on lum .
1st mortgage, St. P. to Sank Ranlds, 80m
2d M. on 80tn.& 1st on l.gr. of 307,200acre1st mort., West or main hnb, 1. gr
2d mort., West or mainline, 1. gr
qo
do
do
1st mort., St. Paul & Pacific, 1. g
St. P. A Sioux City—Pref. stock, var. i-suet
Stock

Sandusky, M. if: Xewark—Stock

1st mortgage, new...
Savannah A Chari.—‘Life S., guar byS. C.
Funded int.bds.S.&C, RR. gqar. by S.Car.
at mort., Sav. & Char. RR
**»., Griffin A X.-Ala.-l*t mort
Savannah A Memphis 1st M.,end by Stats
„

Schuylkill Valley—Stock

Seaboard A Roanoke-stock
3*. mortgage
Selma A Gulf - 1st M.,guar.by Ala

Selma, Marion A Mem.—1st M., end.by Ala
Selma, Rome A Dalton—1st mort
2d mortgage, Ala. & Tenn. R.R
Gener tl mortgage for $5,000,000
Soih-okxu ) uuley & Potter.—stock
tt i-io, assure. ».Gid, on road and lands...
Sheboygan A Pond du Lac—1st mortgage...
Ibt mortgage extension

•

♦ ^

-

t

1.200.50U
1 000,000

100
V.o

I0CAC
100&C

....

n

799 900

3,OK),n(iO

100
100

‘

3,147,600

1,00-1

....

i870

1,008,600

Preterred stock




500,01-0

6,000,000
1,925,000
4,000,000

100

24
22
22

Rockford, R. I. it St. Louis—1st mort.,
Stock
Rome, Wat. it Ogdens
1st Sinking Fund mort., i\‘at.& It
Consol, mort., convert,
Rutland—Stock, com —
Preferred stock

650,000
350.000

295.500

Coupon bonds of 18S1 —.'.
Rlchm. dk Petersburg—Stock
2d mortgage, coupon and reg
3d mortgage, coupon

General mortgage,
2d mortgage

2,500,(M>0
770,000
200,000
2,000,000
500,000

157,800
l,76i.OOO
5(H),(MM)
500,000
67,778
124,489
175,428

....

....

Dollar loan

1,500,(MM)

600.000

•

...»

n.N. C., 1st mort., guar
Pot.—bonds, si er

700,000
350,1-00
3 -6.500

1

....

181
142

250,000

•

....

Rich., Fredricksb. it

'

400.000

27
1863
$2 A ’6?-’69 500&C
52 A 1870 50 &C
52 A 1871 500&C
52
100
111* 1869
1,000
44
100
26
47
100
44
137C
1,000
1862 100&C
50
1.0 JO
1864
50

Richmond it Danville—StocK
State Sinking Fund loan....
Bonds, guaranteed by State
Consol, mortgage, cp. or re
Piedmont branch, 1st mortgage..

2d mortgage,

5,000,000

....

50" .000

9‘.2.800

1,500,000
5.500,000
2,300,000
2,468,400
1,100,000
1,10(1,000
1.400,000
1,400,000
1,7(MI,000
300 000

210
210
210
11 '(I

72
300
582
351
354

ioo 14,218.950

$20
93
158
153

7 g.
3
6
5
6

8
7 g.

3*
7
7
7

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

J.
S.

J.[& D.
J. & J
A.&O.

•

3^8
7
8
8
8 g.
8 g.

3
7
7
7
7
7
10

Boston, Treasurer.

F.& A.
M.& N.
M. & S.
M.&N.
F. & A.
F.& A

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

F. &
M.&
M.&
M.&

3
7

N.
N.
S.

J. & J.
M.& S.

1,020,000
3,250,000
21J'00n. m
1,000,000
1.899,000
2,600,000

g.
g.
g

1,000

1872

500it c

1867
1867
1868
1871

1,UUU
1,000
1,000
1,000

1,000,000
120,000
.700,000
1,200,000
3,000,1 MX)
6,000,000
3,000,000
15,000,000

1871

400,000
1,037,553

1,000

2,306,500

5 0
100&C
500

cl*5 0 Ml

50

576,050
1,273,400

1869
..’'53
1863
186:1
1871
1S70

111,800
500,000
152,000
1,000
1.000 16,000p.m.

...

100

80

210,000
l.O-'O 16,000 p.m.
1,000 16,000 p.m.

1870
1369

838.500

1(K)
100

“28

50

28

1871

45

if)

1871

500&C

1854

1,001
,

.•••

241,000
3,00 '.(’00
869,450
2,0 * >.000
750,(KM)

694,000

do
do
do

May 1,1880

Sept 1,1880

1894
cle, V. IS, p. 60S; also V. 16, p. 584.
do
1894
do
no
1380
do
do
Feb. 15, ’73 Net earnings, 1873, $424,690. Cost of road.
New York office.
&c.. $19,103,348. Consolidation wasmade
N. Y.. office 122 Broad’ay Aug. 1,1892
in 1874 with Cairo & Fulton and Cairo.
New York or London. May 1, 1897
Ark. & Tex. (V. 18, p. 351, 400, 4SU; V.
19, p. 144.)
New York, Co’s Office. June 1,1895
June 1,1897
do
do
Jan 1,1891
do
do
Ha’f tl e stock Is pref. This Co. took pos¬
session Feb. 7, ’72. Gross earnings in ’73,
July 1,1895

da

N.Y.,Natl Bkol'Com’rce

$2,755,194: net, $670 530. (V. 19, p. 190,248.)
Leased to Pac. of Mo. (V. 19. p. 377.)
Nov., 1894 in hands of Receiver. Coupons of Jan.,
M.& N.
Opdyke & Co.
1374, on Ev. H. & N paid Feb., 1875. (V.
Aug., 1902
do
do
F.& A.
19, p. 17. 191, 24s, 480.)
July 1,1897
do
do
J. & J.
Jau. 1,1897 Leased toT.H. & Ind. at 35 p.c. of
N. Y.,3d Nat. Bank.
J & J
May 1,1398
do
do
M.&N.
Mch 1.1901
Office of Treasurer.
Mch 1.
1892
N. Y., Manhattan Co. 1
M.& S.
1892
Rapids, 80m; the main or west St. An¬
J. & J. N. Y.. Drexel, M. & Co.
1892
thony to Breckeu'ddge. 207m; the St. P
do
do
J. & I).
& Pacific proper, Sau Rap, toBrainerd
London.
M.& N.
g.
60m, and st. Cioud to St. Vincent 310m.
do
g. M.& N.
Int. in default.. (V. 18, p. 392,504; V. 19

10
8
2
7
6
7
7
?
8 g.

2A

do

do

Sept, i, 1895

N.Y.,Nat. Bkof Com’rce

.

.

^

„

•

»

>

-

J. & J.

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

4

8
8
7
8
7
3

-

N. Y., G.

7 g.

r»

modlfled.in July, IsTl. (V. 15, pT596,
16, p. 219; V. 19, p.120; V. 20, 136.)
Nov.l, 1902
in progress. (V. 13, p. 455;
N. Y., Loudon & Frank. Aug., 1899 Foreclosure
do
do
May 15,1900 V. :9, p. 40, 519.)
Main line, T. H. to E. St. I ouis, leased
June, 1867, for 90 years, to Ind. & St.L.
July 6,1874
at 30 per cent of gross earnings up to
1894
N. Y., office 12 Wall st.
1894
$2,000,000 (but in no year to be less thaD
do
do
1894
$$SU,cOO). See annual report in Chroni¬
do
do
do
do
do

7
7
6
7
7
7
7
7
7
8
7
7
7
7

‘69.’71

Jan.

1880 to 1886
do
New York and London. Aug., 1918 (V. 19. n 399.42i, 480. 528; V. 20. p. 63, 163).
N.Y., Farm. L. & T. Co. Jan. 15,1875 Report 8’>ows gr -ss earning* in 1874 of
$1 172,901; exptnses $770,256 ; net earn¬
Sept 1,1880
do —;
|do
Dec. 1,1891
ings. $702,645. Against the bonded nebt
do
do
the Co. bolus $617,183 ia sinking funds.
Jan. 1, 1892
do
do
(V. 19. p. 169 ; V. 20, p. 8. 163.)
July 1,1304
do
do
Leased, Jan., 1871. 10 Vi. Central. Th«
terms of the lease were sulm Feb. 2.1875

O.
A.

1,000

100

do
do
do

.

1865
1874

1.000

This company leases several roads and ia
Itself controlled by the Penn. Comp’y,
which holds a majority of the capital
stock.
See annual report, V. 18. p. 622r
also p.584.

”2,1875 Net earnings, 1873-71, $204 695. Floating
debt, O- t. 1. 1674. $1,075,654.
July l, 1880
M.& S. N.Y., Union Natl Bank. Mch 1,1862 Controlled by P.& Reading. Floating debt
7
$1,093,49$.
7
J. & D. Columbia, 1st Nat. B’nk June, 1884
Formerly Berks Co. RR. (V. 20, p. 63.)
Leased to Del. & Hud Canal at 8 p. e. on
4
J.& J. N.Y.,N.Bk of Comm’rce July 1, 1871
stock and int. on bonds, (v. 16,. p 355.)
M.& N
7
N.Y.,Del. &H. Canal Co. Nov., 1921
Leases the North Carolina Railroad and
the Piedmont Railroad. Net earnings
i880
6
J. & J.
Richmond, Office.
Jan. 1,1875
year ending Sept. 30, 1873. $957,K9 ; ex¬
do
6
J. * J.
penses. $509,759: net ea u ngs, $147,369.
6
M.&N. N.Y., Lancaster. B & Co 1875 to 1S90
Acco-mts payable;- $8 0,64s.
1888
(V. 16, p.
8
653. 660 ; V. 17, p. 835^ V. 20. p. 8.)
6-70 A.&O. New York or Richmond
A <;iv. of 3>^ on stock. Nov..’73. Gross
1875
London.
6 g. J.& J.
1875
earnings, $;49,457 ; expenses, $.69,798 :
6
Richmond, Office.
Var,
net eainines, $179,659.
Report, Y. 16,
do
Var.
7
issi
p. 83.
do
8
Gross earnings year ending Sept. 30, 1874,
$147,220; net. $53,067.
June, 1875
J. & D.
7
Richmond, Office

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

1.000
l.OUO

Oct. 1,1892

do

7 g.
7 g.
7 g.

1,660

April, 1887

Providence, Office.

J. & J.
J. & J.

F.& A.
M.&N.

50

50

6
5

7 g.

116
116

”46

.

7

6,600.000
1.500,000
2.500,000
1,500,000
8,000.000
24,0 0,00)
6,000,000

1,576,000

411
23

g.

6
6

1,006

100

35X

g.

0 g-

F.& A.
J. & J.
M.& N.
J. & J.
M.& N.
M.& N.
J & J.
J. & J.
A. & ().
Var.
J. & J.
M.& N.
J. & .J.

1372
1&74
1370
1-72
1870

127
121

*ioi

g.

4,000,000

80
8b
50
;l 7

101

J. & J.
J. & J.

1,1 KM)

"in

3'

A.&O.
M.& N.
J. & D.
A.& O.
M.& N.
J. & J.
M.& S.
g.

V. 19, p. 17, 32, J5i.

L. & Co Jan. 5,1875 Leased, July, 1869, for 999 years, to Penn.
Jan 2,1875
KR., at a rental equivalent to interest
July 1,1912
sinking fund of debt, and 7 per cent on
stock.
The lease being transferred
July 1,1912
do
i'o
July 1,1912
subsequently
to
the Penn, ylvania
Co.
The lessees to keep the road In
do
do
July 1,1912
do
do *
July 1,1912
repair and also pay laxes, expenses,
etc. pM F.W. & C. leases the No,, castle
do
do
July 1,1912
& B. V. and the Lawrence roads; which
do
do
July 1,1912
do
do
July i, 1912 in turn are leased aeain by 1 enn. Co.
New stock of $2,500 0(1 authorized Noy.,
July 1,1912
do
do
July 1, 1912 1871, to be issued to Penn. KR. lor im¬
do
do
July 1,1912
do
do
provements, &c., under article 16 of
lease; guaranty on old stock not af¬
July 1,1912
do
do
do
July 1,1912 fected. Net ear-iings have paid lessees
do
thus far a handsome profit, (Y. 18, p.
May, 1876
Philadelphia.
455, 61O.)
N. Y., Winslow, L. & Co. Jan. 1,1887
Mch 1,1879
do
do
Penn. I<R. owns $‘00.COO.
Philadelphia.
B---lt.. B & O. Railroad. July,* 18^8 Formerly Pittsburg & Connellsv. Inter¬
est in default.
Jan. 1,1909
(V. 18, p. 528 ;V. 19, p.
Baltim., Merch. Nat. 13k
17.)
Pittsburg, 1st Nat.B.ink. Aug. 1,1882
•Julv 1,1901 In foreclosure. (V. Is, p. 37b; V. 19. p.120.)
New York.
May 1,1899 Interest in default. tV. 18, p. 192, 455.603.)
N. Y., Kemys & Cox.
Boston, 1st Nat Bank. Jan.. 1900 1st mort. is to bo retired In 111 nr ceeds of
new. St,ck paid. $1,039,000. V.IS.p.253.376
Nov., 1901
do
N. Y. & Boston.
May, 1891 In progress. Mock, *1.20b,0.0. (v. 18 p.273.)
Mechanic’s Fall* to Canton, Me., 28m.
Boston, Columbian Bk July 1,1887 York & Cumberland sold 0111 in 1865. Net
Oct. 1,1887
earnings year ending Aug.3l,’74, $17,283.
do
do
do
Sep. 1, 1801
do
Jan. 1, 1875 Leaded to East. RR., 99 yrs, 10 p c. on st’k..
Boston, Office.
New York and London. Nov.1,1889 Ga. RR. guarantees $500,000. (v. 16, p. 348)
Boston, East. RR. Co. July 15,ib73 Operated by East. KR.

J. & J.
F.& A.
M. & S.
A. & O.
M.& N.
J. & D.
J.& J.
F.& A.
M.& S.

7
7
6
6
7
7
6
6

.

1892
Jan. 11. ’75 L’sed to Penn. R-R. (v.l6,p,8i8>.
Mar. 4,1875 Leased to Phil. & Read., at 12 p.c. on st’ek
Jan. 2,1875 Net earnings, year ending Oct. 31. 1S74,
I1.17C .640, and surplus Income above
July, 1884
April, 1876
payment of 3 per ct. dividends, $122,611..

do

N. Y., Winslow,
do
do
do

Q-J.

is67

.

‘210

•

many’s b<
18, p. 191).
p. 58 8; \
352, 430.)

1911

Aug.1,1900
Apr. 1,1913
May, 1884
57 B’way.
Jan., 1890
Phila.. Pa. RR. Office.

J. & J.
Q.-J.

7
7
7
7
7
8

do
do
do
do

do
N.Y. Agent,

monthly

7

875,000
875,000
875,000
875,000
860,(MM)
860,000
860,000
860,000
860,000
860,000
2,000,000
111,000
100,000
1.000,000
1,000,000

1893

June,

Phila., Pa. RR. Office.

F.& A.
A.& O.

7
7
7
7
7
7
7
7
7

do

do
do
do
do

.

1*
IK

875.000

4.000.000

do

Philadelphia Office.
Phila., Treas. of Co.
Phila., & Boston.

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

7
7
6
7

Stocks,

Philadelphia & London. June, 1911
Philadelphia Office. June, 1311
Jan. 1,1893
do
do
1,1897
Philadelphia or London Oct.1899
London & Philadelphia.

Q-J
Q.-M.

6
6

6.222.000

....

Mortgage, coupon........
Reading A Lehigh 1st mortgage

do

56

1.000

....

116

'

REMARKS.

when Due,
last Dlvrd.

do

do

....

2A
3
4
6
6

Payable and

Philadelphia Office.

var.

1,000,000

1,000

i871

6 g.

500,(X0
2,508,1' 0
2,925,450
3,000.00*0

....

Mortgagebouds

000

400,000

1,000
1,000
1,000

1872
1863
1~7 5
1861
1864

6

302,000

50
50

•

2d

Nort-weste

-

....

.

(for *3,300,000.'
Port, dk Ogdensb. ( Vt. Dir.)—1st m. gold ...
Portland dk Oxford Central— 1st mortgage

Rensseuier it Saratoga— Stock
1st mortgage consol (for $2,0

50
500

....

149
149
10
167 H.

Xew mortgage

Reading it

....

20.;
200
117
33
468
408
468
468
468
4-i8
4HS
468
46b
4-8
468
468
468
468
463

Steubenv. & Ind. re org...

Portland A Ogdensburg— 1st

100
50

....

1872

Col. & Newark l)iv. bunds
tittsb.. Ft TP. A CMc.—Stock.guaranteed ..

| 2d mortgage (series K)
‘2d mortgage (series L)
2d mortgage (series M)

l.ouo

1858

7

lO.UOO.OOO
13,113,500
1,259,100
2,‘231,900
11,524,200

Principal,

by Whom.

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

<> g6 g.

9.800.000

1.000

200

Preferred stoctc ($1.000,000
do
do special to Pa. s:R
1st mort.. consolidated (for $10,0.-0,000)...
2d mortgage
1st mortgage,

1,000

1866
1867

($7,000,000)..

A. & O.

’

978,000
10,000 000

....

1873
1874
1872

745
7 50

7
7

Where

Payable.

7,000.000
•

.

When |

per j
Cent.

2,700,000
10,791,000

1868
1671
1871
1871
1673

*

Rate

out¬

standing.

Bonds,

INTEREST OR DIVIDENDS.

Amount

J. & J.
A. & O.
M.& S.
J. & J.
J.& J.
A.&O.

p.

460.)

Land gr. 708.436 acres. The stocks are
1873-75
secured by lien. (v.R, p. 627; V.19, p.I9l.)
1891
Oct. 1. 1874 Leased to Cent, O.. at. $174,350 net. Guar.,
1st Nat. Bk. Sanduskv.O
by Balt. &<). (V 19 p. 5 4.)
N. Y., Union Trust Co. July, 190
Charleston, 1st Nat. Bk. Mch 1,1877 Road opened for through traffic, March,.
1870. Inter st in default. Receiver ap¬
-ept. 1,1889
N. Y., H. H. Kimpton.
Jan. 1,1889
pointed. (V; is, p. 480, 603.)
do
do
Jan. 1,1891 Unfinished. State endorsement declined.
Macon, by M. & W. RR.
May 1,1890 Unfinished. Em bun as ec. (V. 19, p. 366.).
N. Y., Lancaster. B.&Co
.Jan.li,1875- Leased to Phil. & Eeadi’-ir. (v. 14, p. 628.)
Philadelphia, office.
May 1, lb7$ Net earnings year ending Maren 1,1873,
1880
$266,334; iut., $14,700: div., 4 per cent.
N. Y..Imp. & Trad. Bk.
N. Y„ Roadey.Bell & Co. Jan., l,lQ90 In progress. Selma to Pollard, Ala.,
N. V.,H. Clews & Co. Sept. 1,1889 Defaulted. ‘72. (V. 17.p. 1.56,65 ; V. 19.p.3t>6)
Jan. 1,1872 Late Alabama & l’enu. River, interest
New York, office.
In default, and road to be sold. (V. 17,
Jan. 1,1864
do
do
p. 650; V. 18, p. 352, 504 ; V. 19, p.
do
do
Apr. 1,1887

100m,

40.)

.North.
Philadelphia Treasurer, Aug., 1874 Leased, Feb., 1863, to slock. Cent, at 7 p. C.
on bonds ana 6 on
July, 1901
do
do
7g.
Interest In default.
J. & D. N.Y.. City Nat. Bauk. June, 1884
7
do
do
i Oct(| 189$
A.&0.
ms
F.& A.
J. & J.

220

[February 27, 187o,

CHRONICLE.

THE

AND BOND LIST.
confer a great favor by giving ns immediate notice ot any error discovered
Bands, §
RAILROAD STOCK

Subscribers will

of

.

DESCRIPTION.

oHT

Miles
of*

Shepaug Valley
2a mortgage

32
32

•

1868

100&C
500&C
500&C

isii

1,000

124

1871
1871

1,000

1863
1868
1872

Var
500

(government subsidy)
Sioux City A St. haul— 1st mort., gold.l. gr.
1st mortgage, currency for $2,100,000
Somerset—1st mortgage, gold
2.1 mortgage

South Carolina—Stock
1st mortgage, sterling loan
dollar bonds, L
do

|3,000,000)

183
183
57
57
116
117

by Ala.
N

mortgage

Southern Central(N.JT.)—1st Mortgage ...
2d ra. gold ($400,000 end. by Lehigh V.R.R.)
South. Iowa A Cedar Rapids—1st M.,
Southern Minnesota—l»t mortgage
2d mortgage
Southern Pacific (Cal.)—1st mortgage
Southern Pennsylvania—1st M.gid
2d mortgage, gold

170
170
251
24

gold
Sterling Mountain (N. I".)—1st mort
Stockton A Copperopclis—1st mortgage....
Summit Branch (Pa.)— Stock
mortgage

1st mortgage
2d mortgage

2erre

1st

10D&C

18,70

1,000
1,000
1,000

100

2,034,156

1867
1871

1.00
1,000
500&C

1.695,825
270,000
500,000

50

1,988,150

i860

1,000

800,000
516,060

1373
1872

100
100

10

100

2,500,000

167
180

1863

75

is 67

623
jo?

1,500,000

1,000

2,500.000

7
7
7
7 g

500&C

52

52
82
37
35

1,000
1,000

2,186.000
2,700,060

i‘,660
1,00)

675,000
225,000
666,000
300,000
800,000
650,000
427,000
680,000
403,000

1,000

2*
1871

29

500&C

36,745,000
1,000 27,236,112
1,000 27.236,512
12,000,000
i‘,600 7,916,000
£200
2,500,600
1,600,000
1,000
100

1038
1038

’66-’69
1374
’67-’69
1871
1866

’66-7-8 .1,000
1870 500&C
100

Titusville—1st mortgage

1,600,000

19,oa 1,000
5,300,0,X)

Companies—stocki

United N. J. lift.A Can.
General mortgage, coupon
j
United Co’s mortg., sink. fd.,reg
do
sterling loan mortg., s. f... |
do
do
do
s.f....
do
dollar lo rn, mortg

isii

1,000

500.000

1871
1871
1871
1871
1871

bond to State of N..J
Co’s mortg., ster. s. fd. (£262.000)..

do

2,000,000

500,00J
1,3 0,000
1,700,(KB

1,816,000

1,800,000
151,0<J)

,34.’3<

plain bonds..

866,000

do

consol. M., (s. fd after 1880)...
N. J. RR ,&T. Co.id loan, (now lst)plain
3d loan due State N. J.
do
Utah Central—1st mortgage, gold
Utica A Black Hirer—stock
1st M. bonds of July 1868
Mortgage bonds,
Valley (Va.)

36*
75
75

2d issue

(red endorsed).

(black endorsed)

endorsed)
Special loan,funding mortgage
(not

Vineland, (N. J.)—1st mortgage
Walkill Valley (NV.)— let mortgage
Ware River (Maes.)—1st M., autk. $750,000..
Warren (N.J,)—Stock

mortgage,{guaranteed

2d mortgage

Wash. City, Va. Midland A
2d mortgage, O. & A. R.R

i865

G. S.

.w

140
140
140
140

47*
35
50
18
18
18

.

S10

stock

do
do
Funded Interest do
1st, mortgage, O., A. & M. RR.
Gen. more., gold. W. C., Va. M. « G. S
Lynchburg & Danv., 1st mort., guar., cp.
Westchester A Phila.—Preferred stock
1st and Jd mort.,
4th mortgage

1st mort., new

Wilmington A If'eldon-stock
Sterling bonds
do

jinking Fund

1.000
100

1,000.000
1,769.62"
200,000
876,000
3,001,0‘B

1868
1871

1872

debt)

1st mortgage, (slnk’g fund $7,000 per yr.)
Convertible bonds

3d do
4th do

450.010
100.000

bonds, gold

7

3B'
7
7
7

1366 500&C
1866
1,000
1866
1,000
1366 100&C
1S71 100&C
1870
1,000
1871 500&C
1870 100&C
1855 500&C

lg■

100

B

6
7

lg6
6
6
7

3B<
7
7

*4*

do
do
do
do
N. Y., office of Co
Winslow, L. & Co.
do
do
do
do

N. Y.,
do
do
do

do
do
do

Report for year 1871 in CnnoiaoLE. V. 19,
p. 632: Operations for four years, were

1890

as

.

1901
1887
1885

Net

Operating

earnings.

expenses,

$4,407,378
$1,331,429
4,365.144
1.618,831
1,959,839
3,776,323
3 236,265
1,308,376
report to Juno SO, 1874, was in

Naples

Default
all Its

proposition oft'ered. Mr. J.D.Cox. the
president, appointed reev’r, Feb.22.’i5.
Operates 55 miles of road.

1875
1882

Deposit Co. Apr.

Gross

A later
Y. 19, p. 480. The Hannibal &
ana other roads
following it in the
table are leased, with an obligation to
pay interest on their bonds.
was
made by the T. W. & w. Co. on
interest due Feb. 1, 1875, and a funding

4^1898

Feb., 1907
Feb., 1893
Aug., 1889
Nov. 1,1898
July, 1890
Aug., 1901

follows:

earnings,
1373... $5,738 807
6,"03,978
5,736,666
4,544.641

1882
1878
1878

N. Y., Nat. Bk of Com.
do
do
do
do
do
do

Phila., Safe

1,1894
1,1886

Majr

office of Co.

lington Branch abandoned, Nov, 1974
(V. 13. p. 163, 241, 273. 528,632; V. 19, p
367,504, 640V. 20, p. 86.)

'

1890
1890
Aug. 1888

do
do
do

do
N. Y.. Metropol. Bank,
do
do

lV 1910

Issued by Troy & guar by RRs.
Net earnings 1873, $8,760.
Gross earniugs In 1874 were

using T.U.

$10,599,8S0,
Land Bales

8

7
7

700,000
750,000

1,800,000

?*
7
•

N.
D.

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

200.000

t

Mar. 1,1894
Mar. 1,1391

London,
do

Feb.

Philadelphia,
90 days after demand.

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

J. & J.
J. & J.
J. & J.
J. & J,
J. & J
J. &
A. & v
J. & *1
A.&t
A.&O.
J. A D.
J. * J.

F.& A.

•

6

8
8

T

.27

iaii

821,800
1,100,000

4
7 f.

1,456,200

8*

7 g.

s *•

2*•
7g-

;V.20,p.8.)

road.&c. $ 1,000.000.

Stock, $500,000. Cost of

N. Y., Jay Cooke & Co. July 1,1890
The Cam.& Amb. RR. and
Phi'a. & N. Y. Offices. Jan. 20,-’75
Raritan Canal and New
Mar. 1, 1901
Philadelphia Office,
form the United Co.’s
Oct. 1,1894
do
do

J. & D.

7
7
7
7
7
7

221.400
749,000

1,'1896

NovVl* *1873

Y., office of Co.
do
do

A.
A.
A.
N.
A.
N.
N.
N.
N.

8

6

648.7(A)

N.

Due
London.
F. & A.
Philadelphia Office.
F. & A.
Princeton, N. J.
J. & D.
Philadelphia Office.
M. & N.
F.& A. N. Y., Bk of Commerce,
do
do
A. & O.
Salt Lake City
J.& J.
Utica.
J. & D.
Utica* N. Y.
J. & J.
do
do
J.& J.

lOO&C
ldj

do

F. & A.

526 500

181

1893
June 1,1912 (V. 13. p.479,504; V. 19, p. 397; V. 20, p. 63.)
Interest in default Dec.. ’73. Paesed into
Jan.,' 1870 Receiver’s hands, Feb., ’74. The Bur¬

May 2,1910
Junel, 1901

do
do

do

N.
D.

M. & S.
A. & ().
M. & S.
6g.
M. & S.

500&C

18:

>.

« g
6

65*
'

London.

New York, Co.’s office, Feb.
Dec.
do
do
Apr.
do
do

Q-J.

a*

1867
1873
t871

3SG

New York or

S.Treas. at

2

57 ■*.859

Feb’.i5*,l875

Dec., 1887
do
Sold la bankruptcy July 8, ’?9. (v.n,p.i56.)
Trust Co. Aug.. 1891 Net
earnings in 1873, $283 / 82, against
Jan.20 1815
N.Y.,Farmers' L.&T.Co.
$343/288 in 1872. (V. 17, p. 51. 188, 357,525.)
July, 1879
do
do

J.’&J.

55),000

1,650.000
1,5(10,000

$502,468.

Defaulted July, 1874. (V. 20. p. 141.)
Net earnings, 1871-72, $246,915
Coal road.
(v. 14, p. 628.)
July 1, 1875
Jan. 2,13(5 Leased to Del., Lack. & WeBt.
1879

1,’

6
7

2.S60.0J0

750,000
2,692,539
1,200,000
654,000
700,000

Cost of road and equipment,

1874

1896-99
against $10,266,163 in 1873.
N. Y. & Boston.
to Jan. 1, ’75, 1.084,431 acres, for $4,940,U. S. Treas., at maturity
052 ;
M.’&S. N. Y., Morton, B. & Co. Mar’. 1S94 Landlands then unsold, 10,995.088 acres.
8
notes on
hand, $2,791,133. In¬
1887
N. Y. & Boston.
A. & O.
7
comes yet out, $250,000.
V. 19. pApril, 1896
London.
A. & O.
8g
May 1, 1895 Late Atchison & Pikes P. Int. In default
6g. M. & N. N. Y., Company’s office.
Nov., 1873. (See v.17, p. 588, 834
1896-7-8
U.
maturity.

511.400
1870
1871
1855
1853
1850

do

do
do
N. Y. .Union

J’ly1,’88-’93 3tock, $809,760. DeOcit account, $36,241.
Feb., 1900 Sold Sept. 15,1874. In foreelosue. (Vol. 19;
Feb.. 1900
p. 40.297. 480; V.20, p. 86.)

J.'&J.

8

142,000
1,145,100
217.400
750,000

Philadelphia.
N.Y., I). L. & W. RR Co.

A.&O.

1,0U 1,600

150,000
717.500
850,000

Philadelphia & Boston.

6

444 100

1.000
100
100&C
500

$417,117. Report

Ga. stock.

1872-76

Boston, EPot Nat. Bank
N. Y., Farm. L. & T. Co.
do
do
New York.
Amsterdam.

F.& A.
F. & A.
M.& N.
J. & J.
F. & A.
F. & A.
J. & J.
A.&O.
M.& N.
M.& S.

7
7
7
8
7

500,000
3,000,000
1,500,000
2.000,000

1866
1866
’66-’69
1867

consol..

Equipment loans

yicksb. A Merid—1st series
2d series (blue endorsed)

1,000

3,000 000
1,000,000

Stanastead, S. & Chambly bonds
Income & E <ten bds (to pay lloat’g
Vermont A Mass.—stock
do

5,000.000

1873

Vermont A Canada—stock
Bonds,guar, by Vt. Central
Misslsquol Rli. bonds
Vermont Central—1st mortgage,
2d mortgage, co.isol

do

1862
1868
1868
1870

Macon

Q.-F.

1,300,000

500&C
500&C
oOO&c
500&C

,...

equip’t...

1,000

138702.

1880 & 1892

do

N.

M.&
F.&
M.&
M.&
M.&
M.&

7

1873
1859
1863
1870
1871
1871

Troy City....

3*
7
7

500,000

600,000
2,610,000

do

A.
D.

M.&
F.&
F. &
F.&

7
7
7
7 -

300.000
1.000,000

1859

494

.

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

t

2.496.000

1,000

payments for interest,
in V. 18, p.528.

1,1902
July,, 1874
April, 1891

do

j.’& b.

6g.

1.000
250&C
100&C

41
75

Louis)..

900,000

1,000

subsidy)
sink. fund. 1633
Land Grant bonds on 12,000,000 acres
Omaha bridge bonds, sterling, €500,000...
100
Union Pacific, Central Branch— 1st M.,gold
100
2d mortgage (government subsidy)
25




250,000

1,000
1,000

167
180

Pacific—stock

ist

1,500,000

15,000,000
1,000,000

34

1st mortgage,gold.on road and
2d mortgage (government
3d mort. on read (2d on land)

do
do
do

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

Lafayette,Bloom’ton & Miss—1st M
Lafayette. Muncie & Bloom’t., 1st mort.
2voy efe Boston—hit mortgage

Joint

1,000

1,800,000
1,600,000
1.300.000

$434,170.

ing expenses, $914,550; net earnings,
$5.6,465 (an increase of $31.360over 1812)

1882-88
Oct.

Charleston.

.

1,700,000
1,000,000

623

2d mortgage (Tol. & Wab.)
2d mortgage (Wab. & W’t’n.)
2d mortgage (Gt. W’t’n of’59.)

Union

V.ooj lO.OCOp .ni
100
3,000,000

1866
1864
1866
1870
1371

227

,

up,

year.

1882-88

London.
New York,

Varl.
Vari.
J. & J.
F.& A.
F.&A.
J. & J.
J. & J.
8
F.& A.
3
J. & J.
6
J. & D.
3
A. & O.
7
J. & D.
7
7 g- F. & A.
J. & J.
6
A.&O.
7
7

7
7
7
7 g.

1,000,000

var

St.L.)

lroy Union—1st mort.,guar.
Tucker ton—1st mortgage.

4

'350,000

"75

Convertible bonds

Tg7 g.

145,000

116*
no*
116*

mortgage
do

7

2,502,250

.

Equipment bonds (T.& W.)
Consol, mortgage, conv...
2d consol, mortgage, gold
1st mortgage, (Decatur & E. St.

Is-

3,460,000
1,(HX).0U0

1870
1865

l.OUO

1st mortgage (L. Erie, W.&
1st mortgage (Gt. W’t’n of’59,)
1st mortgage (Quin. & Tol.)
1st mortgage (Ill. & S. Iowa)

Union

1,500,000
i‘,000 3,340,000
1,252,000
1,000
1,000 11,0.0,000
625,«HK)

1871

1937
247
247
217

preterred

2d mortgage
3d mortgage

600,000

100&C

399,000
300,000
416,000

68
80
73

2d Preferred
1st mortgage (W. Div.)
1st mortgage (E. Dlv.)
2d mortgage (W.Div.) convertible
Consol, mort. (for $6,200,000)
1st mortgage (Burl Div

Hannibal & Naples—1st
do
do
2d

7
7

‘"50

Valley—1st M. gold...

2ot., Wab. A Western—stock
Preferred? percent stock
1st mortgage (Tol. & Ill.)

?E

750,000

1865

HauteA Indianapolis—stock

(for $1,600,000)
2exas A Pac.—1st M., gold, s.f
2ol., Peoria A Warsaw—stock

5 K-

1,500,000
1,500,' 00

paid

Leased to N. Y. & N.

1872, operated by L. N.
N.Y.,Drexel, M. & Co. Jan. 1,1890 Completed Sept., $’.,500,000. (V. 18, p. &
Preferred stock,
632.)
London, Baring Bros.
This Co. was forme 1 after forecl. ol •' So.
NjY., Gallatin Nat. Bk. Mcli l‘,*1887
Side,” Sept. 28 /73. (V, 19. p. 297. 399.)
N. Y., 9th Nat. Bank.
Net earnings year ending Sept. 30, 1872.
N. Y., Vermilye & Co. Aug.l, 1899
$109,021.
Mar. 1,’62
do
do
May 1,1900 In progress. Ottumwa to Ced. Rapids, la.
L. gr. 1,792,000 acres. Foreclosure agreed
1878-88
N. Y..P.M. Myers & Co.
upon. (V. 13. p.3.584,631; V.20, p.88.)
1890
do
do
In progress. St’ck, $14.0D,1(0 (V.13,p.6Sl.)
Mcli i,' I960
M'.&’s.
Sept. 1,1880
M. & S.
Leased to Central Ga. Dividends 8 per
J.& D. Savannah, Cent. RR., Ga June, 1873
cent a yr, to every 10 per cent on Cent.
1886

6

5,355,000

10C
81

1st mortgage
Bonds or !n73

7

76,000
391,000

3,892,300

‘1

Syi'ac. A Chenango

7
6

1,296,500

1,000

Q.-F.
J. & J.
J. A J.
A. & O.
J. & J.
A.&O.
J. & J.
J. & J.
M.&N.
M.& 8.
M.&N.
F.& A.
M.& S.
M.& N.
A.&O.
J. & J.

56R-

(V. 16, p. 461.)
Stock

Haven at $100,000 per
Old stock exch. for new July, *73
Gom. stock. $1,899,400; preterred 7 per
cent, $169,000. (V. 20, p. 3.)
Lands. 620,832 ac’s. Stock, $2,800,000. (V.
16, p.627; V. 19, p. 191.)
June. 18L1 Leased to Maine Central.
Gross earnings In 1873, $1,491,015; operat¬
Charleston, S.W.RR.Bk May, 1871

M.&N.

1

897,006
615.500
111,000

20

T.—Stock

Is-

5,819,275
1.486,333

33,600

228
228
7
30
20

Y., N. Bk Commerce Apr. 1,1889
Apr. 1,1891
j an. 1,1902
N.H.,Nat. N. H. Bank. July, 1874
Sept. 1,1880
do
do
N. Y., Nat. Park Bank. •Ian. 1,1898
U. S. Treas., at maturity Jan. 1,1898
«. Y.. Metropoli.N. Bk.
Nov., *1901
do
do

7

100

48*

2d mortgage,

450,000

500
100

257

Southwestern,(Ga.)—Stock, ($50,000guar.).
Company bonds, conv, into stock at par.
Muscogee RR bonds, conv. at 87*
Springfield, Athol A N. A'.—1st mortgage..
Spring/, A Ills. S. A.—1st mort., gold —

6

"500

1869
1872
1870
1868
1863
1870

87

gold.

7
6

500,000
1.240,000

ioo

1866
1868
1870
1873

3*

1,628,020

‘

’66,'67

Domestic bonds (K.)
So. A No. Alabama—1st M. endors.
Sterling mortgage, guar, by L. &
Southern of L. 1.—1st mortgage

1st

i86.’j

242
212
212

2d mortgage (for
Domestic bonds (G)
Domestic bonds (L)

$yrac.,Bingh. AN.

200.000

1,000, t»0
200,000
1,629,000

100

i'22

(Conn.)—Stock
mortgage,construction bone’s
City A Pacific—1st mort
Sioux
1st

2d

40o,uOO

Stocks,
lastDivi'd.

N.

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

REMARKS.

when Due,

by Whom.

7
7
7

in our Tables.

Principal,

and

Where Payable

1

per

DIVIDENDS.

Cent.

,796,0 B

500&C

50
50
105

Shore Line

Rate

standing

M oS
D.

1869
1871
1872

32

(Conu.)-lst mortgage....

So

©

a

references, see Rojid
RR. Tables.

Alleghany—1st Mortgage

Out¬

©

For explanation of
all
loot notes on 1st page of

Shew i ago

V

INTEREST OR

Amount

J .&J.
M.& N.

M.& S.
J. & J.
M.&N.
A.& ().
J. & J.
A. & O.
J.& D.
J. & J.

M.&N.

J.* J.

1,1838

isso ‘
Feb. l, 18S3

branches, Del.&

Jersey Railroad
of N.J. They

leased to Penn. It. R.. at 10 per
cent on stock and assumption of all
liabilities Oct. 20, 1871. In 1873 the gross
earnings were $11,255,062 ; operating ex¬
were

penses,

$3,823,732; and intereet,

dividends

paid

by lessee,

$1,168,570,

$1,948,450;

Jan.
Nov.

showing loss to lessee on year’s opera¬
tions 01 $685,689. The loans due la Feb.
and April, 1875, are paid, or

Overdue.
Jan. 1, 1890

cash.

1,1889
1,1839
Aug. 1.1878

payable, In

Jan, 1873 Formerly Black ltiv. & Utica. Gross earn¬
ings, 1873-74, $435,450- expenses, $240,965;
July, 1878
dividends dlsbursedi$106,l22.
July, 1891
Chronicle, v. 19, p. 640; V. 20. p. 16.)
To be sold to Vt. Central for $3,000,000 in
Boston.E. Blake* Co. June 1,1872
bonds.
(V. 18, p. 603 ; V. 19, p. 40, 504.

V. 20. p. 16,141.)
The company made
Boston, Nat Bk of Redon Nov. 1,1886
The affairs of the company nave been
1891
do
do
1876-77
greatly complicated and no
do
do
ports are issued. (V 18, p. 88,
do
do
V. 19, p. 504 ; V. 20, p. 16,141.
i902
do
do
Leases Troy & Greenf. till completion 01
Oct.
Boston, office,
Hoosac Tunnel.
Net earnings.
July 1 1883
do
$114,931. (V. 15, p. 836, V. 16, p.
July 1,1879
do
July 1,1385
do
Net earnines year enaing March
Phila., Girard Nat Bank Jan. 1,1890
were $148,269 as shown in the
Jan. 1,189C
do
do
Jan. 1,1890
report.
do
do
Jan. 1.1890
do
do
1880
do
do
Foreclosed
N.Y.,Farm.er8’ L.&T.Co. Apr. 1,1890 In default. July 2, 1373. (v. 17, p.
1896
N. Y.f Bull’s Head Bank
Stock paid up $748,100. t. 16, p.
N. Y., Farnhatn.G. & Co. June, 1890
Leased to Dela., Lack. & West., at
N. Y., Del., L. & vv. RR. Jan., 1873
cent on stocks and bonds. Net
1875
do
do
in 1873, $416,186.
1900
do
do
Gross earnings year ending Sept.

default, Sept. 21,187’.
regular re¬
606, 60S;
186.)

5,^1874

1872-73
188, 219)

1,1874
amlual

Balt., R. Garrett & Sons.
do
do

do
do

do
do
do
do
Balt.. R. Garrett &

May 1, 1903
Sons

do

London.
do

N,Y , N.Bk

May 1, 1873
Sept 1, 1880

Mar*. *1,* 1882

Philadelphia, office,
do

Jan. 1,1875

of Republic

157.)
118-)
1 Mr
earnings
30, 1874,
$913,843. Expenses, *577,559. Net earn¬
ings, *401,284. The Company issues the
consol, mort. to take up the others faninedue. Where holders do not exchange
their nonds remain unpaid, but interest
Is

Anr. 1. 18%

Jan., 1375

Net

paid regularly.

earnings, 1873-4,

$147,949. Old debts
..
& Augusta

retired by new mortgage.
Dec.. 1874 Leased Dec. 1872, to Wfl.. Col.
Road at 7 per cent on stock.
1881

Apl. 1, 1891
1886

1896

sumes

all liabilities,

Lessee as¬
21.)

(v. 16» P-

February 27, 1875.]

5*21

THE

Exports of Leadiiiff Articles from New York,
The foliowingtahle,compiled from Custom House returns,show s
the exports of leading articles from the port of New York since

®l)c Commercial $ tines.

January 1,1875, to all the principal foreign countries,and also the
totalsforthe last week, and since January 1. The last two line,
showtfotoJ values,including the value of all other articles besides

COMMERCIAL EPITOME.

those mentioned in the table.

Friday Night, Feb. 20,

1875.

■n'Si'nrfini-.OO'O'-i—

«DOC)H
i on

The obstacles to

an

in the course of

for

active trade in merchandize, which have
some

weeks, have been partially

the past few-days.

on n

’

r of t-7
) Of JO C-

©

t-T© of so of •sr.-To*’-;

t-f ao © ad r-7 ©“ aT
OS

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co

CO TO

CS >-l

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beeu concentrated

ehtsaotoi-uiynttTfciTjiNfioa
1 © co«* © ao*o-*«© ©Wt*

eo ©© © © ofco of as os ©

co t-

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r-t

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-rr

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eo

nC*C'
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removed

The action of Congress upon

of c- © <
OC-fHl

tariff and internal revenue bills is not definite as yet; and the ice
has been followed by a fog of such density and duration as to be

equally effective in preventing the resumption of trans¬
portation by water. But the weather is much milder, and the
railroads have not only been cleared to the passage of trains, but
rates for passengers and freight have been reduced exceptionally
low, in the warfare of competing lines, affording a considerable
impetus to purchases by Western merchants. Great complaint
continues to be made, however, of the usual risks which attend the
pursuit of mercantile affairs ; risks which experience affords little
guide in avoiding, and failures continue to be reported from all
quarters. To day, the weather cleared up, and some progress
was made in clearing the wharves of an accumulation of
mer

oo-'P © ■

©’ -7
cco*ao

almost

03

«•*
*rH

CU

on®;
TJ»

i—

:

Receipts past week
Sales past week..

7,199
5,021

Boxes.

Bags.

1,719

99,177
19,902

3,933

31,495

81,015

20,971

Stocks Feb. 25
Stock, last year

176.193

30,388

157,995

t- co

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Rio; 23,100 bags of other growths, and 3,050 mats Java.

Ilhdg.

:~
t-

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considerable accumulation of stocks, and prices
The stocks yesterday morning were 106,000 bags

Teas
are also some five
cents per lb. below late prices. Rice and
molasses, in moderate stock, and prices firm, with a fair demand.
Sugars have favored buyers and yet no material decline lias
taken place. The statistical position is as follows :

of

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a

have declined.

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jobbing sales at $2 85, and Valencias ll^c., with
Currants 61@6fc. Hops have been rather quiet, but holders re
main steady and feel confident that the stock will be needed.
Wool exhibits more strength, owing to an increased consumptive
demand. Whiskey has recovered to $1 09@$1 10. Clover Seed
is lower at 10|@llc.
Hides have been in fair demand and steady. Linseed oil firm.
Fish in good demand for all kinds.

:

tobacco has been in moderate demand, and
steady at 101 @ 121c. for lugs and 14 @ 27c. for leaf;

the sales for the week embraced 500 lihds., of

whicti 350 were for

export and 150 for consumption. Seed leaf has continued quiet,
hut quotations are firm; the sales embrace: crop of 1873, 135

private terms;
Connecticut at 71 @ 8c; and crop
of 1870, 23 cases do., on private terms; also 150 cases sundry
hinds at 7 (3> 55c. Spanish tobacco has remained steady, with a
moderate business; the sales were 550 bales of Havana at 871c.
@.$1 25, and 50 bales Yara, first cut, on private terms.
cases

New York at

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7£ @ 9$c, 100 cases Ohio on

crop of 1872 and 1873,




© b-

1

moderate

Kentucky

rf-

©

* -

period at I4$c. for March, but closed slightly easier; with

are

eo ,n

720

3,000 bbls. for prompt delivery sold at 14 9-16c. Crude, in bulk,
quiet, but about steady at 7±c. Ingot Copper shows some decline,
with sales of 400,000 lbs. Lake at 214@21|c. cash ; other metals
quiet and without new feature. Layer Raisins remain steady

prices

i2g
“iOS

Melado.

Freights have been much more active at steady rates. Large
shipments have been made of grain to Liverpool by steam at 8K§)
8|d., cotton at ld.(a9-32d., and provisions at 35s. Grain to Lon¬
don by steam at 9d., to Glasgow at 8@81d., and to Hull, 81d. Pe¬
troleum charters have been active, and in grain charters some
business. To-day, there were large shipments of cotton by the
Liverpool steamers and sail vessels.
Provisions have been moderately active, but generally at droop¬
ing prices, but the close is at a considerable recovery. New mess
pork has sold at $19 20, cash and May, $18 821 for March, and $19 05
for April, but was to-day active at $19 25, spot and April, $19 for
March, and $19 50 for May. Beef has been salable, and beef bams
quite active. Bacon closed dull at 101c. for long clear, and 101®
10fc. for half-and-half. Cut meats, at some decline, have been more
active. Lard has been down to 131c., spot and March, but recov¬
ered, and was to-day quite active at 13 ll-16@13fc., with sales at
13 13-16c. for April, 14c for May, and 14fc. for June. Butter has
been dull; cheese quiet at ll@16fc.
Tallow has declined to 81c.
for prime, with free sales.
Stearine has been moderately active
at 14c. for prime western.
Rosin has been quite active, though at the close little was done,
but strained quoted steady at $3 071 @ $2 12L Spirits Turpen¬
tine continues dull and weak at 361c.
Refined Petroleum sold at

with

£2

eo o

«c ”,
if «o oo QO

*«

S

in

Coffees show

»-«

©
eo

so eo ©

© (

?.** $

chandize.

one

© c* ©
o co —

OS »—< -—t <
~

225

cases

^

•
#

«

•

*

S

* ®

rfaeff.

I§££3l3«ij

IW55

OO

H

•

© ;

h u «

-

.

^

o

•

^3 *3

Imports of

as

shows the foreign imports of
Jan. 1,1875, and for the same

China, Glass

Metals, «fec.—
Cutlery

and

Earthenware—

3^092

3,986
49,000

..

Olass

4;S31

2^356

1,563

Glassware
Glass plate
Buttons

1,052

2,954
162,059
412

Bark, Peruvian..

5,177

Blea. powders...
Cochineal
Cream Tartar...

529

4,4:30
1,233

Madder

Oils, essential..

1,23!

2,342

81

Oil Olive

107

'

Opium
Soda, bi-carb
Soda, sal

Articles reported
value —
Cigars
Corks

217
176

Fancy goods..

1,000
2,692 Fish
5,493 Fruits, &c.—

3,600
5,107

Soda ash
Flax
Furs
Gunny cloth
Hair

7,683

Hemp, bales
Hides, <fcc—

34,852

1,313
144

Spices, &c.—

8,266

Ivory

1,099

Cassia

216

•Woods—
Cork.
Fustic

434
93

181,959
1,415

104,99?

3,42?

The

16,890
4,160

75,727

New Orleans...
Mobile

9405

Charleston*

Jan.1,’75.

1,1875, and for

Breadstuff's—
bbls.
bush.

Flour
Wheat
Coru
Oats

Barley and malt.

Same

36,077
1,057

25,758

10,234

8,240

126,518
23,336

118,420

Oil, lard....

.bags.
609,560 Peanuts.
438,032
900,209 5,182,560 Provisions—
Butter
.pkgs.
3.907,485 2,085,658
Cheese....
889,094 1,426,008
Outmeats.
140,850
6,300
296,531
240.531
Eggs
...

seed.bags.
bbls.

bush.

Peas
C. meal
Cotton

bbls.
bales.

Hemp

bales.

Hide's

No.

Hods
bales.
Leather. ...sides.
Molasses., .bbls.
Naval Stores—
Cr. turp.
bbls.

27.696

10,471
38.780
31,851
137,303

16,553
27,044
44,589
227,938

110

493

367,992

3,825
491.176

17,963

Rosin

425,000
4,533 Sugar.
506.266 Sugar
22,252 Tallow.

6,779
67,991

48.378

6,034
62,102
7,544

2,545

5,767

38,384

44,401
4,118

3,994
bbls

12,106

.hhds.

.pkgs.

5.878
2.964
21.691

.hhrls.
Whiskey.... .bbls.
bales.
Wool

3,284
31,988
4,904
41,327

19(>
-

7,046

30,7o2

.

6,248
35,018
7,815

.92,256

42 1

7

COTTON.
Friday, P. M.,

By special telegrams

3)2,404
514,814
310,238
lt'6,535

78,843
322,344

February 26,

received to-night from the

2836,183

•

....

....

'2943.632

Southern Ports

86,733
24,053
22,228
53,294
10,967
28,003

120,013

8,150
26,671
29,651
2.496

4,022

Total.

515,877
84,407
204,736
286,779
154,851

1:0,774
185,157
132,418
149,229
77,482

226,217

14,210
45,575
43,650

1075,056

1,050
3,583
14,451

....

....

11,325
61,104

•

15,260
49,153
58,lUl

264,079
....

297,099
66,866
47,935
103,267
71,379
179,854
....

2,716
12,000

56,000

191,036

1189,978

C/wrlwoi la

-

....

„

Stock.

Pprts.

.

...

l

244,422 1625,436

941,568

840,016

244,772

1629,842

1011,193

832,<-80

310,014

mciuded Purr. Royal, &e ;

Indlauola, &c.; under the

under Hie head o /

head of Norfolk, is

included City

and somewhat excited market for cot¬
week. Business for immediate^ delivery lias been
only moderate, because the views of holders have advanced sd
rapidly. On Tuesday an improvement of £c. was established in
the quotations, the receipts at the ports proving to be smaller than
was anticipated, and foreign advices
more favorable. Yesterday
a decline in gold without
a corresponding advance in exchange
was an adverse influence ; and to this may be added the dense
fog which lias followed the ice blockade, and has proved to be
nearly as effective an obstacle to transportation as the ice, and of
course has helped to check the revival of a demand from home
We

ton

have had a buoyant

the past

To-day, there was a brisk speculation, and with a good
market, as delivered on contracts,
£c. to 16 |c. for middling uplands,
new classification.
For future delivery the market has been
excited and buoyant, but with, however, scarcely so much ad¬
vance as on the spot.
The reduced receipts at the ports have
seemed to confirm average crop views, and there has been a brisk

spinners.

deal of cotton taken out of tbe
there was a farther advance of

demand to cover contracts.

1875.

1

339,051
51,199
155,837
203,831
141,388
194,187

37,265
368,754.
30,958

48,046

Coast¬
wise

Other

Britain. France. For’gn

10.%6

Under me neador
Galveston Is included
Point. &e.

32,666
37,758

7,910
103,148
1,480

6.281 ! Dressed Hogs.. No.

2,452

Tar
Pitch

Total this year.

71,031
109,258

24,152

Tobacco

2,976
9,752
48,10!

247,293

11.325

Total last year

100,230

.kegs.
pkgs.

.

Tobacco
651

.

Spirits turpen...

Pork
Beef
Lard
Lard
Rice
Starch
Stearine....

20.994

1873.

944,4^

:

8KPT.1 TO —

-

810,980
232,355
380,461
519,507
297,654
81,063

time 1874

...

Rye
Grass
Beans

Since

Jan.1,’75.

1

1.073 Oil cake:.... pkgs.

1,019

pkgs.

Ashes

...

Galveston*
New York
Florida
No. Carolina,..
Norfolk*
Other porta....

Produce.

1

Same
time 1874

1

1374.

2498

same

Since

.

Great

Savannah

receipts of domestic produce since January
time in 1874, have been as follows :

B*PT

PORTS.

12,301

54,186
16,898

KXPOBTBD 8INOK

BKCBIPT8
HTVnW

34,641

4,208

Mahogany

dates:

18,637

42,162

Logwood

Receipts of Domestic

the

389,099

44,597
9,533
90,093
16,925

Saltpetre

451
115

Linseed
Molasses

51.643

.

orders.]

will be seen that, compared
with the corresponding week of last season, there is a decrease
in the exports this week of 2,619 bales, while the stocks to¬
night are 48,271 bales less than they were at this time a year
ago. The following is our usual table showing the movement
of cotton at all the ports from Sept. 1 to Feb. 19, the latest mail

358,636
267,544

Ginger
Pepper

porta” Include from Baltito Liverpool; from
last Friday; from Norfolk
week.

foregoing statement, it

From the

1,762,691 2,199,870
32,156
143,468

Rice
86

871,560

1,712,039

and in presses unsold or awaiting

quantity at the landing

29,103

11,261

Raisins

128,520
62,000

engaged for shipment at that port, is as follows: For Liverpool,
56,000 bales; for Havre, 43,000 bales ; for Continent, 43,000 bales ;
for coastwise ports, 6 bales; total, 148,000 bales; which, if de¬
ducted from the stock, would leave 153,000 bales representing the

6,898
112,446

56,217

13,158 Hides, undressed..

India rubber

Watches

112^729

Nuts

•184

1,064
8,487

Jewelry, &c.—
Jewelry

$237,514

10,373

Oranges

129
963

Hides, dressed..

$185,954

Lemons...

1,091

350
458

Bristles

2,622

221,184
79,642
184,853

1,772
1,204

68,000

110,268

telegram from New Orleans to-night shows that
besides the above exports the amount of cotton on shipboard, and

by

....

174.431

Our

16,113
9,182

~

*

325,018
56,844
97,419
91,496

823,239

„

82.197

79,578

1,705,014

257.237

omitted

31,827
251,487
184,127
9,193

11,464
8,104

...

2,239

13,406

12,865

7,277
193,313

1 1,249.414

300,755
65,282
46,610
100,119
68,092

exports this week under the head of “other
1,960 biles to Bremen; from Boston 2,448 bales
Philadelp <ia 2,429 bale s to Liverpool, of which 1,710 were
6,567 bales to Liverpool, of which 4,664 were
last

556

1,032 Wool, bales

1,929
1,960

4,G9l
12,230
8,026
12,410

*
The
timore

9,218

Wines

59,436

6,761
11,933
11,446

....

482

Wines, &c—
Champagne, bks.

503

Total
Since Sept.

10,299
127,453
585,602
16,862

Waste

....

613
555
97
235

Gum, Arabic....
Indigo

12,742
132,755

329

10,174

....

38,870

86'916

Tbs

Tin, boxes

702
100

24

Garnbier

12,463

2,100
3,550

50)

1874.

1875.

37,151
5,450

22,746
4,031
4,719
13,724
6,761
14,191,

2,826

'849

1,710

Totalthis Samew’k
1874.
week.

Contin’t

6,099

3,531

Savannah
Galveston
New York...
Other ports*

355

France

13,821

NewOrleans.
Mobile
Charleston...

707

Tin slabs, lbs...
1,283,612
4,558
11,421
3,332 Rags
218,927 Sugar, hhds, tcs. &
32,679
bbls
79
434,385
Sugar, bxs & bags.
167,20-1
6,034 Tea
6,632
3,642 Tobacco

2,088

Drugs,’&c—

Steel

850

1.053

Coal, tons
Cocoa, bags..
Coffee, bags
Cotton, bales

Spelter,

Week ending
G. Brit.
Feb. 26.

.37,822

Lead, pigs

58,827

Stock.

Exported to—

620
579

Hardware
Iron. RR. bars...

1,375

726

China

Earthenware.

'

Jan.1,’75.

the corresponding

week of last season.

Same
time 1874

Since

Same

Since

Jan.1,’75. time 1874

stocks for the week and also for

exports and

period of 1874 :
[The quantity is given in packages when not otherwise specified.]

'

the stocks
Below are the

France, and 12,865 to the rest of the Continent, while
made up this evening, are now 823,289 bales.

Leading Articles.

compiled from Custom House returns,
leading articles at this port since

following table,

The

[February 27, 1875.

THE CHRONICLE.

222

The greatest excitement

and the

when the receipts showed a large
periods ; but the close was less
buoyant, and Wednesday, in the face of an excited and active
Liverpool market, was variable. The failure of a leading operatoi
for
decline had a momentary influence on that day. Yesterday
the market opened weak under a decline in gold, and an appre
hension that the market might be overloaded by free notices for

highest prices were Tuesday,
falling off from comparative

possession of the returns showing the receipts, exports,
&c., of cotton for the week ending this evening Feb. 26.- It
a
appears that the total receipts for the seven days have
78,075 bales, agaiust 96,950 bales last’ week, 103,461 bales the
March delivery ; but as these notices were stopped by somebody,
previous week, and 108,152 bales three weeks since, making the there was a
sharp reaction, and for next month a slight advance
total receipts since the first of September, 1874, 2,914,253 bales,
with a very strong though quiet market for the later months.
against 3,050,966 bales for the same period of 1873-74, showing a To day, an advance of £c was established for the early months,
decrease since September 1, 1874, of 136,708 bales.
The details of and 1-lGc. for the later months, with large sales, the receipts at
the ports being quite small.
After ’Change, the market was
the receipts for this week (as per telegraph) and for corresponding
weakened- somewhat by the subsidence of speculation under the
weeks of five previous years are as follows:
comparatively liberal receipts at some of the interior towns,
there were sales at 16 5-32 for March, 16£c. for April, 16|@1627-32c
1870.
1871.
1872.
1873.
1874.
1875.
Received this week at—
for May, 17
5-32c. for June, and 17^@17 15-32c. for July.
The total sales for forwt fd delivery for the w^ek are 175,500
45,469
62,7-0
37,513
55,673
32.872
26,481
New Orleans
bales.
5,640
16,720
7,009
8,007
7,314
bales, including
6,539
free on board. For immediate delivery
Mobile
15,999
3,861
6,732
7,065
Charleston
4,754
total sales foot up this week 12,252 bales, including 3,644 for ex¬
£ 5,511
1,082
Port Royal, &c
6,831
18,038
8,204
9,192
18,404
13,751
port, 3,707 for* consumption, 3,94S for speculation and
Savannah
10,471
7,403 transit.
7,105
9,591
Galveston
3,610
Of the above, 3,086 bales were to arrive. The follow¬
152
9,311
1,464 j
Indlanola, &c
6,772
7,902
6,013
6,347
6,903
4,92!
ing are the closing quotations :
Tennessee, &c
571
594
956
176
490
240
we are

in

reached

and

the
955 in

Florida
North Carolina

Norfolk

City Point, &c
Total this week

TotalsinceSept.l...

3,123
7,522

2,016
9,171

1,732




2,269

882

New

Ordinary
dood Ordinary

427

453

124

611

J 11,302

78,075

107,331

105,528

77,037

135,661

82,753

2,914,258 3.050,966

2,715.815

2,166,957

1 2.737,780

2,115,539

exports for the week ending
of 79,578 bales, of which 59,436 were
The

1,634
6,697

5.319

11,232

this evening reach a total
to Great Britain, 7,277 to

Low

Classification.

Middling

Middling
Good Middling

Middling Fair..Fair

per Tb.

Uplands.

Alabama.

13%®..

18%®....

15

'-5

®....

15*®....
16%®...
16*®....

}i%®... '
17*®....

New
Orleans.

Texas.

13%®

13%®...
:5%®...
16%®....
16%®...

®..,.

15*®

15%®....

16%®....

16%®
16%®

16*®....
17%®....
17%®....

17%®
18%®

17

®

...

17

®...

17%®...
18%®....

give the sales of spot and transit cotton and price of
Uplands at this market each day of the past week
Below

we

pkiDks.

SALKS.

New

Classification.

Exp’t.

Consump.

428

Saturday
Monday

Specula’n

Transit.

.

r

1,293

Friday

814

1,785

2,564

Total

3,644

3,707

3,946

430

Wednesday
Thursday

■

»

.

„

2,542
1,749
2,688
4,6(53

450
505

425
„

952

.

•

•

•

....

15*

15*

14*
14*
14*

15*
15*
15*
15*

16

13*

J3*

15

18*

12,232

955

14*

is*

Holiday

„

„

18*

.610

483
S14
413

Mid
diin

Ord’ry Ord’ry. Midl’g.

Total.

5

182

....

1.184

Tuesday

LOW

Good

....

...

16

16

16*

....

....

free on board)
low middling or
basis of low middling), and the following is a statement of

For forward delivery the sales (including
bare reached during the week 175,500 bales (all
on

the

the sales and prices :
bales.

49,200 total March.

38,300 total May.

..

....

:..i6*

8,600 total Feb.

1.500

800
200
1,900

100 S.n.... 15 27 £2

800

15 27-32

1,800

16 1S-S2
...16 7-16
..16 15-32

5,6go

16*

5.500
100b.

n...

15*
15*
15 29-32

*

For May.
...16 7-16
15-32
.. ..16

2.200

2,200
400 s.n

The

16*

....

16

700
2.100

16
161-32

12,300

15 31-32
s. n

For
500
200
100
400
400

1,100..

200 no Dot.
25th
15 81-32
600

14,500 total June.

500

15 15-16

6,700

200

49,900 total April.

100 s.n.lst.15 15-i6

12,700

2,600

..

..

..16 IS-32

16*
..16 21-32
..16 11-16

6 5U0

|

July.
....17 M6

i

...

1

17 5-16

*

.
..

17 7-16

following exchanges have been made during

*c. prt. to exch. 300 March for April.
1 l-16c.
“
300 March for June.

Selma.—There have been four days on which rain

For
200
200
100
700
200

The thermometer has averaged 61.
Savannah.—We have had rain on four days this week, the rest
of the week being pleasant, the rainfall reaching one inch and

eight hundredths of an inch. The thermometer has averaged 57,
the highest being 79 and the lowest 41.
Atlanta.—It has rained constantly on three days the latter part
of the week, the early part of the week being pleasant.
The
rainfall has reached three inches and thirty-seven hundredths.
Columbus.—There has been rain here on three days, the rain¬
fall reaching one inch and seventy-three hundredths.
The ther¬
mometer has averaged 57, the highest being 74 and the lowest 34.
Macon.—Rain has fallen on two days, the thermometer averag¬
ing 58, the highest being 74, and the lowest 48.
Augusta.—We had rain on five days in the earlier part of the
week—the rest being clear and pleasant.
The rainfall reached
one
and ninety-eight hundredths inches.
The thermometer
averaged 53.
Charleston.—The weather has been cool and cloudy, with four
rainy days, the rainfall being one inch and sixty seven hundreths.
The thermometer has averaged 54, the highest being 73, and the
lowest 39.
The following statement we

have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
this afternoon (Friday, Feb. 26).
We give last year’s figures
(Friday, Feb. 27, 1874) for comparison :
/—Feb. 26, 1875^ ^Feb. 27,

16 13 16
16 ?7-82

16*
16 15-16

1,400 total Sept.
16*

500
390

16 17-32

16*

1.400 total Oct.

New Orleans. Below
Above
Memphis
Nashville
Above
Shreveport... .Above
Vicksburg.... Above
.

.

.

gives

will show the closing prices each day on the
middling uplauds (old classification) for the several
Frl.

spot
February
May

15*

15 25-32
16*

March
April
...

16 15-32

June

16 27-32

July
August

17 3-32
17*
16*

September
October
Gold...

Exchange
Sales spot
Sales future...

Mon.

Rat.

15*
15 25-32

On

13-16
25 32
5-32
15-32
25-82
1-32
3-16

15
15
16
16
16
17
17
•

•

•

*

•

•

cC

2
Q

a

•

....

—

;

114*

114*

4.79*
4.93t
32.400

4.79*

Tues.

Wed.

15*

15*

15*

17

16
15
16
16
16

15 15-16

16
15 15-16

16*

16*
16*

16*
16*
17*
17*
17*

15-16

15*

11 82
11-16
81-32

16
16
16
17

17*
17*
•

•

,

•

•

.

•

5-16
11-16
31-82
7-32
17 11-32

16*

•

iii*

i

114*

•

4.80

4.80

2.542

1,749

610

:

14.800

•

Frl.

Thurs.

47,400

40.5U0

17 1-32
17 5-16

17*
16*
16*
114*
4.80
2,688
34,400

15 5-32

•

•

•

low-water-mark
low-water mark
low-water mark
low-water mark

•

16*
1!4*
4.81

4,663
38.000

8
32
20
18

....

....

....

....

9
2
5
11

1674.—,

Feet.

Inch.

5
30
30

5

6
6
7
6

22
34

correspondent of the New Orleans Times

Crop Estimates.—A

the week:

deliveries named:

high-water mark...

Inch.
8

New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or 16 feet above low-water mark at that point.

below the long
point:

as

at that

The following
basis of low

Feet.
9

September.
...16*

has fallen this

week, and the rainfall has reached two inches and forty hundredths.

4,800 total Aug.

690

...17 5-32

900

....17*

For October.

17*
...17 7 32

1,300
1,100

17*

100
900

....17 1-32
....17 1-16
....17 3-32
17* 1
....17 5-32

309

-

15 29-32

4,100

.

2,200
.

1,000

16 15-16
16 31-32

..

400

4,800
9,000
2,000

600 s.n

....

For June.

3,200

15 25-82
15 13-56

7,100...

For August.
600....
17 3-16
W 7-32
100
600
17*
800
17 9-ffl
17 5-16
200
17 11-32
500

1,200....

.

4,900
1,300

17*

7,400 total July.

2,500
2,500

.

...16 5-16

13,300

For March.
600
15*

CCS.

200../.

For April.
300
16*
...16 5-32
6,000
400
3 600
.16 9-33
2,300

16 1-32
16*

100
1 100
100

...16 23-32
1,700
16*
4,300
1,700.... ..16 25-32

.

16

3,400

bales.
200..
900..
200..

cts.

cts.
bales.
300
500 s n. ...!6 3 32
100
200 s.n..
300
.16*
400
...16 5-82

For February,
cts.
bales.
600
15 25-S2
100 8. n... .15 13-16
500... ....15 13-16
300
15 27-32
800
15*
600
15 15-16
500
15 31-32

223

CHRONICLE

THE

February 27, 1U75.J

crop,

conservative and short crop estimates

LONG CROP ESTIMATE.

2,730,508
250,000
300,000

Receipts at all ports 1o February 12
Received balance of February
March, last year
324,109.. .this year
April,
last year
172,791
this year
last year
101,171
May,
this year
June,
last year
55,970 ..this year
last year
32,488
July,
this year

24,809
year
..
Overland and Southern consumption...

August, last

170,000
100,000
55,000
34,000

25,000

this year

500,000

4,164,508

Total
CONSERVATIVE POSITION.

2,730,506
200,000
300, oOO
150,000

Receipts to February 12
February

Balance

March

April
Telegraph.—In the larger portion of
100,000
May
the South the weather lias been extremely wet for the past week,
50,000
June
25,000
but some sections, where heretofore the rainfall has been most
July...
20,000
August.
excessive, appear to be more favored now. In Texas, for instance, Overland and Southern
950,000
consumption
plowing is begun again. Generally, however, the complaint is
3,925,508
Total
that farm work is being much delayed by the long storms.
SHORT CROP ESTIMATE.
Galveston.—We have had slight showers on three days of this
2,730,508
week, the rainfall reached thirteen hundredths of an inch. As Receipts to February 12
175,000
the week closes there has been a favorable change.
Snow fell in Balance February
March
250,000
the northern part of the State this week. The thermometer has
April
120,000
100,000
May
averaged 59, the lowest being 44, and the highest 74.
June
50,000
Indianola.—There was a shower here on one day at which the
July
25,000
rainfall reachde twelve hundredths of an inch. The weather has at
August
20,000
325,000
length become favorable for crop preparations. The thermome Overland and Southern consumption
ter has averaged 61, the highest being 80, and the lowest 44.
Total
*
3,795,508
Coi'sicana, Texas.—There have been two showery days this
In the same connection the following may be of interest show¬
week here, but the rainfall has only reached twelve hundredths
of an inch.
Plowing is backward. The thermometer has aver¬ ing the movement at all the ports (except New Orleans and Gal¬
veston) up to last Saturday (Feb. 20) according to our table of
aged 53—the highest being 77 and the lowest 29.
mail returns and the amount received last year after Feb. 20 at
New Orleans.—During the week we have had two rainy days,
the same ports:
the rainfall reaching eighty hundredths of an inch.
The average
Receipts
Receipts
after Feb. 20,
of the thermometer has been 60.
for all* of
Receipts to Feb. 20,
last year.
this year.
last year.
this year.
Ports.
Shreveport.—It has rained here on five days this week, the Mobile
52,285
247.293
299,578
282.355
balance of the week being pleasant; the rainfall, however, has
95,790
438,194
342,404
Charleston
380,461
81,043
only reached forty-three hundredths of an inch. The thermometer Savannah
625,857
544,814
519,507
has averaged 54.
New York, Boston,
114,469
251,962
137,493
Vicksburg —There have been four rainy days here, but the Baltimore & Phila. j- 132,109
3,219
14,185
11.325
Florida
10,966
other three days have been pleasant. The rainfall has reached North Carolina
20,630
78.848
57,895
3’7,265
Weather Reports by

...

.

/

.

.

.

two

inches and

eighty-nine hundredths.

The thermometer has

averaged 56.

Nashville.—It has rained here on four days, the rainfall being
one and sixty-three hundredths of an inch.
The thermometer
has averaged 50, the highest being 60, and the lowest 41.

Memphis.—We have had rain on two days. The rainfall being
forty-six hundredths of an inch ; the rest of the week has been
pleasant. The thermometer has averaged 50, the highest being 60#
and the lowest 43.
Mobile.—On two days of

Norfolk
Total

.

.

322,944

368,759

505.876

137,117

1,727,549

1,688,994

2,193,547

504,553

Here it will be seen that at these ports the receipts are still
about 40,000 bales in excess of last year, and that after this date
with the corrections added, 504,553 bales were received at the
same

ports.

—According to our cable despatch received
to-day, there have been 20,000 bales shipped from Bombay to Great
Bombay Shipments

this week it lias rained severely, and Britain the past week, and i3,000 bales to the Continent,while the
days it has rained slightly, the weather being on those receipts at Bombay, during the same time have been 57,000
three days cloudy and unsettled; the latter part of the week it bales. The movement since the first of January is as follows.
cleared up and is pleasant. The rainfall has been two inches These are the figures of W. Nicol & Co., of Bombay, and are
and seventy-nine hundredths.
Thermometer has averaged 56, brought down to Thursday, Feb. 25:
the highest being 71 and the lowest 37.
/-Shipments this week—,
/-Shipments since Jan. l->
/—Receipts.—>
Since
Great
ConGreat
tenThis
Montgomery.—It has rained here constantly on five days. We
Britain. tlnent. Total.
Britain, linent.
Total,
week.
Jan. 1.
are
having too much rain; it is delaying farm work ; the rainfall 1875
13,000
33,000
152,000 72,000
20,000
224.000 57,000 811,000
has reached three and fifteen hundredths of an inch, and the 1874
29,000
7,000
86,000
118,000
49,000
167,000 44,000 287,000
2,000
109,000 86,000 145,000 87,000 230,000
19,000
thermometer has averaged 57, the highest being 78 and the lowest 1878..... 17,000
From the foregoing it would appear that compared with i&a
•4.
on

three




,

[February 27,1875.

THE

224

The above totals show that the old interior stocks have decreased
there is a decrease of 3,000 bales this year in the week’s
during the week 10,910 bales, and are to-night 14,428 bales less
shipments from Bombay to Europe, and that the total movement
than at the same period last year. The receipts have been 7,021
since January 1 shows an increase in shipments of 07,000 bales
bales less than the same week last year.
compared with the corresponding period of 1873.
The exports of cotton this week from New York show an'
Gunny Bags, Bagging, &c.—Bagging has been quiet the past
increase, as compared with last week, the total reaching 14,191
week but rules firm, buyers and sellers being apart iu their views.
bales, against 7,635 bales last week. Below wo give our usual
Holders ask 12c. while speculators might be induced to operate at table
showing the exports of cotton from New York, and their
life. cash. Future deliveries are held above the present ideas of direction for each of the last four weeks; also the total ex¬
buyers, though we heard of a sale for June delivery at 12£c. with ports and direction since Sept. 1,1874; and in the last column
however no sellers at the close for less than 13@l4c. Bags are the total for the same
period of the previous year.
dull and no business reported; 4-40’s are held at 12@12fc. cash.
Butts rule firm in price at 2£c. and upwards. Sales during the Exports ol CottonCbale*) from New YorksiuceSept.lt 1874
year

past week about 1,000 bales at 2fc. cash and time; the market
closing firm at 2£e. while 2 9-16c. cash for a round lot landing
might buy.
exported to
Feb.
Visible Supply op Cotton as Made up by Cable and Tele¬
3.
graph.—Below we give our table of visible supply, as made up
5,772
by cable and telegraph to night. The continental stocks are the Liverpool
Other British Ports
figures of last Saturday, but the totals for Great Britain and the
afloat for the Continent are this week’s returns, and consequently Total to Gt. Britain 5,772
brought down to Thursday evening; hence to make the totals the
Havre
complete figures for to night (Feb. 26), we add the item of exports Other French ports
from the United States, including in it the exports of Friday
Total French
only.
1874.

721,000

33,500

Stock at Marseilles.

196,000

918,750
133,000
11,000

839,250

525,000

195,750
...

1873.

723.000

1875.

47,000
29,000
39,000

23,500
26,000

1.607ATigceard,

•

•

•

•

Total European stocks.

..

•

...

550,000

900

....

....

1

58,000

Egypt, Brazils, &c., afloat for Europe.
...

119,000
12,000

rbce’ts from-

85,000
543,973
97,921
10,000

2,067

784

Virginia

North’ rn Ports

follows:

Total this year

Continental stocks

165,000

American afloat to Europe

509,000
871,560
134,021
15,000
2,032,581

Total last year.

1,567,894

.

..

823,283

United States interior stocks....

12,000

United States exports to-day
Total American

!

3S5,000
195,750

.

Continental stocks
India afloat for Europe

184,700
223,000

..

Egypt, Brazil, &c., afloat

Total visible supply

Price Middling Uplands, Liverpool

indicate

a

7j{d.

in sight to¬

give the movements of cotton at the interior ports—receipts and
shipments for the week, and stock to-night, and for the correaponding week of 1874:
/—Week ending Feb.27,’74—»

Receipts. Shipments. Stock.
4,654
28.56S
4,232
1,317
12,579
1,099

2,176

4,704

15,350

Columbus

646

1,845

11,002

Macon

852

1,322

S.690

725

2,735

Montgomery

526

1,199
1,566

3,338

201

397

Augusta

Selma

1,100

Memphis

6,616
1,833

11,909

2,334

58,442
17,639

14,049

24,879

119,600

Nashville

Total, old
Shreveport

2,620

3,805

505

Cincinnati

943

2,335
3,309

Atlanta
St. Louis

3,284
2,857

8,769

22,818

5.139

4,270
2,178
27,750

1,020
10,8S1

new.

Total, all



...

17,524

10

2,647

•

10

....

2,647

311,645

240,408

14,191

7,635

•

.

•

•

1,270

5,1021

•

•

3,210

i

16.809

921

....

48,341!

900

16,075

570,500

1

645,867

! S,127

48.686

•

•

....

•

....

•

#

.

•

.

.

•

....

4,037;

•

!

....

...

6,971
14,880
50,075
....

...

544

21,936

5,583
....

—

....

....

•

149
705
821

.

.

835

•

1.144

28,536

2,662 89,367

41,102

2,911

•

12,258

...

•

137

193,557

443

....

•

....

....

...

21,587.

5,856 190,627

Since

•

2,052
10,461

■

773
441
272
75

6

23,791

....

....

96,704.

249

3,1(571

....

;

week.! Sept.l
1

2,566

....

28,459

640

90,756

This

This i Since
week. Sept.l.

18,906!
4.535!

....

BALTIMORE.

PHIL ADELP’ IA

Since

["

2,251

83.196

have reached 88,089
the

mail

weeks back. With regard to New York,
vessels cleared up to Wednesday
Total balefl.
per steamers Wisconsin, 1.538....City of

week.

10,016
3,180
4,948
59,782

2,912

1,194
16,331
5,577

21,070

32,205

134,021

2,141

2,234

6.962

14,948

260

1,300

2,325

3,976

14,659

17,557

2,949
7,375

7,243

51,775

12,725

14,753

40,762

35,768

171,355

33,795

46,958

174,783

Mobile—To Liverpool, per bark E.
To Havre, per

1,657

Shun, 435

bark Henne Selmer, 206 — per

11,933
329
M30

50 Sea Island
To Amsterdam, per

bark Emily Lawtlier, 2.735 Upland..
Savannah—To Liverpool, per ships Simla, 3.634 Upland — Jane Fish,
4,927 Upland....per bark Sylvia, 1,244 Upland
To Cork for orders, per bark Lois, 2,900 Upland
;
Hamburg, per bark Bengal, 1,880 Upland
brig Cigana, 788 Upland
Texas—To Liverpool, by steamers Australian, 1,609
To

To Reval. per

2,418
per barks Dauntless. 1,100
To Fleetwood, per bark Osterlide, 1,205

Wilmington—To Liverpool, per bark
Powell. 1.550

lima, 1,202.

Total

are as

follows;

r

West Indian,

Atalanta, 961.. . .per schr. E. S.

,j

Norfolk—To Liverpool, per ship Uncle Joe, 2761
BaltimoreTo Liverpool, per steamer Caspian, 500 and 120
Boston—To Liverpool, per steamer Atlas, 1,225
Philadelphia—To Liverpool, per steamers Pennsylvania,
hattan, 1,710.

The particulars of

299

200

13,622
6,945
2,430
1W
2.550
500
per schr. Albert W.
2,327
435
schr. Annie S. Co¬
1.506

nan t, 1,300
Charleston—To Liverpool, per barks Naragansett, 1,954 Upland and
70 Sea Island.... Jardine Brothers , 1,525 upland and 47 Sea Island
William Owen, 2,000 Upland and 100 Sea Islaud.. ..M. Wood,
1,508 upland and 209 Sea Island... .per brig Florence, 804 Upland

16,816

10,889

2,213

To Bremen, per steamer Hanover, 2,430
To Hamburg, per bark Asphodel, 175
To Reval, per ship Talbot, 2,550
To Barcelona, per brig Fluvia, 500
To Genoa, per bark General Sedgwick,
Smith. 670

.

Total,

29,927

To Bremen, per steamer Neclrar, 1,430
To Hamburg, per steamer Goethe, 299
"
1,149*000
1
on. i
To Rotterdam, per steamer Maas. 200
1,567,894 | ^EW Orleans—To Liverpool, per steamer Delambre, 3,063... „per_ship
i,ob7,o9i
Forest Belle, 3,300....per barks Longfellow, 2,392 ...Sea Gem,
2,716,894
3.200
To Havre, per ship Theobald, 3,072.... per barks David McNutt,
9Xd.

Movements of Cotton at TnE Interior Ports.—Below we

Receipts. Shipments. Stock.

1,929

York—To Liverpool,
Antwerp, 612
City of Chester, 947 . .Belgic, 1,812
Italy,
1,579
Parthia, 1,066
per ships Emerald Isle, 2,609....Eliza¬
beth Hamilton, 613
per bark Traveler, 1,157
ToIIavre, per steamer Erfk, 329
*

night, of 100,242 bales as compared with the same date of 1874,
and an increase of 238,945 bales as compared with the correspond¬
ing date of 1873.

^Wcek ending Feb. *2f>, ’75-»

!

2,734

29,092!

theexports for two

New

85,000

3,056,081
Vid.

decrease in the cotton

593

include the manifests of all

night of this

323,000
216,000

189,750
169,000
.84,000
1,023,500
o oq.j mu
2,032,581
^,UiW,oei

Total East India, &c
Total American

These figures

are

329,000
196,000

.

1,950

sameexnorts reported by telegraph,and published in TheChbon.
icle last Friday, except Galveston, and the figures for that port

East Indian, Brazil, Ac.—
London stock

200

Shipping News.—The exports of cotton from the United States
the past week, as per latest
returns,
bales. So far as the Southern ports are concerned, these are

we

Liverpool stock

80,936!

3,736
1,830
1,332

Foreign

196,000
123,000
592,000
543,973
97,921
10,000

.

&c

2,718,694

338,000

United States stock

This

127,157!
14,030
87,273

are as

•

week. Sept.l.

40,280)

-3,H0

American—

Liverpool stock

Sept. 1.

Mobile
Florida
8’th Carolina.
N’th Carolina.

totals or American and other descriptions

13,338
3,593

....

9,385

Since

|

Savannah

Tennessee,
Of the above, the

i

This
week.

592.000

3,056,061

•

BOSTON.

New Orleans..
Texas

134,021
15,000

15,034

The following are the receipts of cotton at New York, Boston,
Philadelphia and Baltimore for the last week. and since Sept. 1 ,*74.

216,000

871.560

12,943

299

....

...

5,772

1,172,000

84,000

1,430

....

....

Grand Total

7,935

•

520

•

Arc

Total Spain,

•

6,234
1,701

....

4,351

....

2,973

....

169,000
509.000

•

4,351

329

520

1.238

283,539

...

—

....

206,120

329

•

....

#

1,273,500

1,169,950

•

...

All others

451,000

354,750

330,700

•

•

NEW YORK.

....

'

283,539

....

11,933

7,115

6,412

835

8pain,Oporto&Gibraltar&c

206,120

....

F

•

Total to N. Europe.

25,000
37,000

14,250

Stock at Antwerp..

•

year.

....

....

•

•

Hamburg
Other ports

65,000
8,000

66,090
Stock at Rotterdam.

•

date.

11933

7,115

to

period
prev’ua

Feb.
17.

6,412

....

•

Feb.
24.

Feb.
10.

Bremen and Hanover

189,000
12,000

20,000
27,500

Hamburg.
Stock at Bremen..

Stock at

Total

....

•

Same

WEEK ENDING

i

bags
722

...

those shipments, arranged in our

Man-

8.267
2,785

9,s0o
2,900
1,830

788

6.S29
1,20j
2,511

",76i
°2U
L**5

2,432
S8,0

usual foinn

Bre- HamAmster-

Liver- Fleet-

burg. dam.
2{

pool. wood. Cork. Havre, men.

1,430
2,430

11,933
329
6,945
13,622
435
1,506
8,267
9,805 .... 2,900
6,329 1,205 ....

York
Orleans

Sew
Sew

Mobile
Charleston

Savannah
Texas

Reval. Total

11,002
15,323

2,735

4,830

Baltimore
Boston

Philadelphia

44,950
44,311

22.877

11

53,268

.....

68,354
35,203
134,811

185.765

197,539

Stocks, Feb. 11

1875.
Bales.

Bales.

2511

BREADSTUFFS.

2,761
1620
1.225

2,432

2,735 3,338 88,089
bales to Rotterdam;
bales to Genoa.

Total
59,940 1,205 2,900 8,780 3,860 2,304
Included in the above totals are from New York 200
from New Orleans 500 bales to Barcelona, and 2,327

give all news received to date of disasters, &c., to
vessels carrying cotton from United States ports :
Canterbury, ship (Br.), from Mobile for Reval, ashore two miles southeast
of Tybee Island, sprung aleak Feb.17, and the crew refusing to proceed,
the captain attempted to make Tybee, when she struck on Beach Ham¬
mock ; had 11 feet of water in her hold, Feb. 18, and about 600 bales of
cotton had been discharged damaged, when she was discovered to he on
Below

Deliveries

deliverie8

1874.

1873.
Bales.

Imports, Jan. 1 to Feb.

7,534

2,511
2,761
620
1,225
2,432

Wilmington
Norfolk

the particulars of imports,

28,549

788

and stocks:

1,941

....

The following are

quiet.

14,191

2,550

175

225

CHRONICLE.

THE

1876.]

February 27,

we

Friday, P. M..

February 26,

1875.

active flour market on Tuesday, with some fur¬
prices, especially of low shipping grades,
are comparatively
scarce ; but on Wednesday there was
inquiry. Holders, however, remained very firm ; the
and the small production at the West contributed to the support
There

was an

which
less

ther advance in

light stocks

abundant supply of
Yesterday, for
there
demand.

prices. Shippers have been favored by an
freight room and a better market for exchange
a line of 3,000 barrels
of a favorite brand of Extra State,
fire P. M. of the above date, and she was entirely consumed.
Coast was a bid at $5 in store, with a more general export
Wrecking Company’s s;eamer Lackawanna is saving the cargo and tak¬ To-day, there was a fair demand at firm prices.
ing it to Savannah.
The wheat market has been working firmer for all descriptions,
Edward O’Brien, ship, Smalley, from Mobile for Liverpool, which went
ashore in Cardigan Bay Feb. 14, has been gotten off and was beached at
and in the course of Tuesday and Wednesday there were pretty
Holyhead 20th.
free sales at $1 07@1 08 in store for No. 2 Chicago, and
William C. Bee, schr., of Noank, from Mobile for Boston, with a cargo of
cotton, dragged ashore near Westpoint Wharf, Vineyard Haven, Feb. 19.
1 11 in store for No. 2 Milwaukee, with No. 2 Chicago afloat at
She was hauled oft’ 20th.
of

$1 10@

Cotton

Havre.—*

•Liverpool.
' Sail.

Steam.
d.

-

quiet.
Liverpool,

,

Steam. Sail,

d.

Saturday... #©9-32
Monday
Tuesday... #@9-32
Wednesday £@9-32
Thursday.. #@9-32
#@9-32
Friday

MX

■

Holiday

7-32@#comp.
7-32@#comp.
7-32@#comp.
7-32@#comp.

c.

c.

.MX

comp.

.

MX
MX
.MX

%
%
%
%

Steam.

c.

c.

#

Hamburg.—.
Sail.

Bremen.
Sail.

Steam.

c.

c.

..@#comp.

amber winter at
yesterday, under dull
fell off*,
Receipts at all
made in reducing
at
amber winter $1 26.
and
prices decined on Wednesday to 82^c. for new mixed, against
85ic. early on Tuesday.
Yesterday, however, the market was
fairly active, and the close was firm at 83c. for new mixed. A.
considerable business was done in Southern white at 86c. The
receipts have slightly increased, but supplies are still in the
aggregate quite moderate, while as navigation coastwise is

$1 10@1 10^ ; No. 1 spring afloat at $1 18;
$1 25@1 261, and white $1 30@1 32 ; but
accounts from abroad and a decline in gold, the demand
and prices lost a part of the previous advance.
points continue small, but slow progress is
stocks. To-day, the market was more active and closed firmer
$1 08@1 10 for No. 2 spring in store, with
Indian corn lias been variable. Supplies have been liberal,

been as follows :

freights the past week have

comp. .MX
MX
.comp.
comp. .MX
comp. .MX

..

•

.

■

•

..

.MX

..

Market

M.—By Cable from Liver¬
closed steady < to-day.
which 4,000 bales were
for export and speculation.
Of to-day’s sales 9,000 bales were
American. The weekly movement is given as follows :
Feb. 12.
Feb. 5.
Feb. 19.
Feb. 26.
Sales of the week
bales. 77,009
90,000 *
68,000
112,000
of which exporters took
6,000
7,000
8,000
11,000
of which speculators took
7,000
12,00 )
5.090
19,000
773,003
712,000
Total stock.
773,000
768,000
of which American
405,000
393,000
418,000
389,000
Total import of the week
74,000
73,000
65,000
27.000
of which American
37,000
.'.
29,000
52,000
17,000
Actual export
7,000
6.000
7,000
...
6,000
407,000
427,000
468,000
518,000
Amount afloat
Feb. 26.—3.30 P.

pool.—The market opened firm and
Sales of the day were 19,000 bales, of

at

Rye has been

Mid’g Uplands 7#@7#

mixed.

including a load of Canadian
increased
15 for two-rowed State and $1 25 for four35 for prime Canada West. Canada peas

irregular, the sales
Barley has

84c.

@1

activity, at $1 10

following table will show
Satur.

83@84c. for new

in bond at

263,000
298 000
297.000
336,000
the daily closing prices of cotton for the week:
Tues.
Mon.
Wednes.
Thurs.
Fri.
..MIX
7#@7#
...@7# ...@7# ..MIX

of which American

The

To-day, the market was firmer

resumed the demand improves.

materially declined, with

rowed State, and $1
have sold more freely at $1 07 in bond.
Oats have been in better supply, under

.
.@8
8@8#
8@8# 8@9#
which prices have
Markets.—In reference to these markets
our correspondent in London, writing under the date of Feb. 13,
given way, with prime mixed selling at 6S@68£c.,
1875, states:
freely offered under 69c.
Li verpool, Feb. 11.—The following are the prices of middling
The following are the closing quotations :
Grain.
qualities of cotton, compared with those of last year:
Flour.
Wheat—No.3 spring,bush.fl 04@ 1 08
/—Fair &
/—Good & /-Same date 1874- No. 2
$ bbl. $4 00@ 4 25 ,
No. 2 spring
1 08@ 1 13
/-Ord.&Mid-% g’d fair—, 24
Fine.—, Mid. Fair. Good. SupcrflneStateand West¬
26
No. 1 spring
1 16© 1 2C
19
21
36
18
21
18
4 40@ 4 65
ern...
20
1
16
23
1 22© J 24
Red Western
17# 18# 20
: 15
16#
Extra State, <ftc
4 90© 5 10
Amber do
1 25© 1 27
M.F
G.Mid.

7#@8

Orleans. ...@7#

do

European Cotton

_

though not

__

Ord. G.Ord. L.Mid.
7 7-16
7#
7 9-16
Mobile..., 6#
7#
7 11-16
7X

Upland... 6#

7#
7 15-16

8#

speculation and for export have

been

8#

8X

8#

Western

8#

8#

8
8
8 5-16

8#
8#
6#

9#

and XXX
do winter wheat

1875.
bales.

1874.
bales.

1874.
bales.

19,620-

1873.
bales.
8.390

10,028

510
510

1.450

105,130
39,980

2.710

19,423
3,837
1,012

900

290

170

515
212
959

F2.286

25,000

&c. 21,630

8,600

12,210

25,836

32,155

501,000

78,f30

29,560

24,930

37,550

58,713

Brazilian....

420

Egyptian, &c.
W.

3,280

India, &c.

B. India

mily orands
Southernshipp’gextras..
Rye flour, superfine

S83,580

American.... 51,900

12 470

sales and imports of cotton
stocks on hand, on Thurrdiy

The following statement shows the
‘or the week and year, and also the

•ven.ng last:
OF ALL

SALES, ETC.,

DESCRIPTIONS-

RECEIPTS AT NEW
,
18 75.
Since
For the
Jan. 1.
week.

Sales this week.Ex- Spccnla»

.

Trade.

,

American., bales..34,929
Brazilian
15,000

Egyptian

7,530

Smyrna & Greek )
West, Indian.... 1

East Indian

.

^

L820

11,270

Total

70,540

This
week.

Brazilian

...

.

Egyptian

..

Smyrna &

Gr’k

JJh Indianl....
n...

Total

the

.

ddn,

.

.

9,781
10,074

port
420

this

1,050

43,910
16.V00
7,970

150

10

430

800

150

5,210 2,400

\ 18,880
2,770

7,490 11,730
89,760
Imports.Tothis To this
date

1875.

376,353
61,591
69,929
223

36,980

21,725

5^481

36,980

Feb. 13.—There

early part of the week,




1874.

40,630 37,120
11,880 8,080
6,990 6,410

53,030

38,500

290

14,S0O(*

2’660

1,910

19,370
137,370

109,860

582,530

14,160

Stocks.

11,710

“

Corn,

.

408,660

day.
397,670

75,250
100,740

23,075

Oats

.

89,825

889,094

930

In

20, AND
Floor.

274,780
82,520
73,660

Toledo.
Detroit.

■

~

...
.

23,490

216.880

230,270

818,053

768,080

622,480

684,710

demand

but the market has

since become

.

EXPORTS FROM NEW YORK.— —,
18 74.

>
18'75.
Since
For the
Jan.1.
week.
265.852
25 409

330,081

1.883.515

208,594

2,259.727

503,272
169,162

300
....

4,128

.

.

Peoria.

.

22,002
4.937,583
1,737,196

•*8,589

174,417

1,125

300

15,043

90

....

16,8; 3

and the move¬
WEEK ENDING
20.
Barley.

Rye,

bnsb.

busb.

(32lbw. )(481bs.) (56 lbs.)

233,039

104.089

15 290

15,180

23,859
10,913
9,660

4,069

853

8.4 0

1,441
11,574

1,750

5,300

8,710

44,537

24,520

4,331

28,000

12.600
74,012

114.940

3,352

10,680

186,630

63,261

426,304

300

368,542

(56 lbs.)

103,930
37.958
11.184

13,282

Since
Jan. 1.

For the
week.
36 828
690

FROM AUG. 1 TO
Oats.
Corn.
Wheat
busb.
bush.
bush.

bbis.
(196 lbs.) (60 lbs.)
172.910
11,421

*

^

21.417

3,131

“Receipt* at New

215.810

1,520
16,100

l,4i6,00a

v

The following

Chicago

10.800

@

Canada W'est

York” Includes also malt.
tables show the Grain in sight
ment of Breadstuffs to the latest mail dat.^s:
RECEIPTS AT LAKE AND RIVER PORTS FOR TFTE
FEB.
*

Dec. 31.
1874.

64,170

Since
Jan.
1. !«74.
609.560

140.850
296.531

.

.

YORK.

900,209

♦Parley “

“

Rye,

95

<6© 67#
67© 69
68© 71

11 32© 11 31
State..
10© 25
Peas—Canada
. 1 08© 1 25
at this market has been as fol¬

3,907,485 2,085,658

300

90©

.

! Barley—Western

44,589
5,182,560

6.300
240.531

date
1874.

16,410
177,080

better

438,032
31,851

Same
This

818,053

a

.

35.817
2,894
181,760

,

for cotton in

was

Flour, bbis.
C. meal, “

472,420 76,320 65,230

297,124
2,638
97,788

7,522

21,725

75,900
45,120

494,040

219

9,457
57,481

....

2.243

255,726

1,949,030

70,964

1815.

1874.

304,480

Total.
1874.

date
1874.
308 351
53.937

Same

year.

tion. Total.

8,600

.

.

84

85© 86
84© 84#
83© 84

Mixed
White

I

lows:

Wheat, bus.

Average
period weekly sales.

Total

6 50© 8 00
5 50© 6 25

Rye
Oats—Black

4 85© 5 10 I
Corn meal—Western, &e. 4 10© 4 50
Corn meal—Br’wine. &c. 4 65© 4 75 I
The movement in breadstuffs
,

Total

...

Southern bakers’and fa-

83©

Corn-Western mixed,new
White Western,new
Yellow Western, new..
Southern,yellow, new..

5 40@ S 00
5 10© 5 50
City trade and family
brands
6 00© 7 50

City shipping extras.

Liv., Hull & other exp’tfrom
U.K.in
outports to date-

this date—.

Xand

1 25© I 32

White

4 80@ 5 15
5 40© 5 25

XX

Actual

.ctuaiexp,

Wheat

Spring

extras
do XX

transactions on

of the year the

Since the commencement

-Taken on spec, to
1874.
1875.
bales.
hales.

Mid.

G.Mid. Mid.F.

Mid.

7 11-16
7 13-16
7 15-16

13,210
12,160
....

72,968
36,300

5,942
8,118
•

•

•

•

•

•

•

«

•

•

•

Duluth,

Total
*

Estimated.

594,351

241,006

“

’72.

83,371
68,608

“

”<1
’70.

69.911

626,492
207,360
301,875

97,757

388,493

•

“

’73.

279.043
336.866

557,734

449,849
1,306,443

57,459
130.764

Corresp’ng“week,’74.

Total
Same
Same
Same

563.934

1,060.507
9-53,826
507.220
284,692

477,161
219.817
242.655

125,175

time 1872-73....3,075.086 33,849.702 34,324,073
time 1871-72... .3,157,773 31,156,150 33,180,283

7,229
40,798

37,244
30,165
29.160

13,094

14,475.220 7,314,867 1,287,034
19,346,078 5,415,526 2,211,096

Flour and Graiii from the ports of Chicago,

of

SHIPMENTS

Detroit, Cleveland, St Louis, Peoria and

Milwaukee, Toledo,

Duluth, for the week ending Feb. 20, 1875, and from Jan. 1 to
Feb. 20:
Barley,

Oa„8,

Flour,

Wheat,

Corn,

bbls.

bush.

bush
331.865

bush.
152.949

477,353

142,717

Weekending—

238,239
287,816
708,700
142,018
49,047
47,046

69.220

Feb. 30, 1875
Feb. 13, 1875

60,699
118,237
69,717
70,516
57,812

Corresp’ng week 1874
Corresp’ng week 1873
Corresp’ng week 1872
Corresp’ng week 1871
Total Jan. to date
Same time 1874
Same time 1873
Same time 1872

565,634
878.550

1,707,776
5,643,093

589,220
446,101

—

293,723

983,856

35,788
86,206

170,059

110,054

249.112

102.707

497,673

105,480
51,654

20.106

55,180

60,914

259.219
3

11,104

1,296,651
759,653

111,408
110,669

479,062

1,278,919

7,870
8,750
2,120

374.373
666.833

1,171,378

124.555
1,622,325
1,893,448
3,473,983

RECEIPTS OF FLOUR AND GRAIN AT SEABOARD
WEEK ENDING FEB. 20, 1875, AND FROM JAN.

PORT8 FOR TUE

1 TO FEB. 20.

Oats,

Baney,

Rye,

bush.

bush.

bush.

405,700

79,425

11,000

bush.
50

50,538
12,500

11,426
6,500

2,307

46,910
13,395
10,500
3,301
10,060
15,943
12,359

204,620
15,225

112.466

326.245
231,441

1,040,662

935,129

804,414

Jan. 1 to date. 1,116,866 2,087,948
time 1874
.1,681,749 6,836,1.50
953.477 1,312,060
time 1873

8,223,268

1,869,554

246,627

27,920

5,181,122
3,000,268
6,106,026

2,524,917
2,363.378

394.247

563,553

1,691,370

532,651

225,453
15,730
30,910

Montreal

Philadelphia
Baltimore
New Orleans
Total
Previous week
Cor. week ’74

65.090
.

22,400
19,000
....

132,553
157,384

,

.

time 1872

889,035

.

•

.

788,550

•

•

127.800
155 200

35.700
8,000

73,896

37,576

•

•

4,500
....

....

178,627
232,273
345,283

825,694

•

...

....

•

•

*

17,807
45,343
81,259

....

1,000
....

300
600
....

1,950
3,312
56,510

Estimated.

*

Supply

of

granary at clo principal
seaboard ports, in transit
York canals, was, on Feb.

Domestic Woolen Goods.—Business is still

In store at New York
In store at Albany
In store at Buffalo
In store at Chicago
In store at Milwaukee
In store at Duluth
In store at Toledo
In store at Detroit
In store at < >swego*
In store at Boston
In store at St. Louis.
In store at Peoria
In store at Toronto
In store at Montreal
In store at Philadelphia*
In store at Baltimore
Rail shipments
Afloat in New York*
.

styles of woolens, and the market shows very little variation
from former reports. Fancy cassimeres are slow, as the demand
too

...

..

.

...

...

.

.

...

.

demand

light weight fabrics of the finer grades. Cloths
are entirely neglected, and there is very little demand for doe¬
skins. Worsted suitings still meet a moderate inquiry, with
prices generally unchanged and about steady. There is some
inquiry for shawls, but the offerings are not very well assorted
as yet, and buyers for the most part are disposed to hold off* their
purchases until the agents for all makes are offering their stocks.
Hosiery is selling fairly at about steady figures. There is &
from tailors for

small movement iu flannels from first hands.
Foreign Goods.—There is a fair demand for

staples, and the

looked for.

Oats,

Barley,

Rye,

bush.

bush.

bush.

3,178.226
27,590
796,558

1,800,452

881,289
53,000

bnsh.
2723300

247,00!)

495,493
62,167

73,819
236,956
163,809

91,027

56,241

748

5.014
180.000

1,824,000
15,500
416,515
262,999
375,000

.

.

...

...

...

...

..

...

351,915
52,984
432,814
167,296
145.000

166,810
238,239
85,000

29,000
67,409

1,473,863
22,570
..

48,099
17,000

year.

.

841,549
....

150,000
300,913
531.215

231,850
8,726

22,017
105,000
473,786
331,865
125,000

5,000
164,962

.

.

.

The

.

....

3,500

112,237

25.063
58,674

30,166
11,400
2,507

4,729
2,374
22,167

78,432
7,430

40.000

18,000

1,500

32,500
152,949
40,000

1,500
45,453
80,000

3,500
14,110
25,000

6,564,715

2,181,445

1,549,696

152,663

,...12,386,967 6,439,983
...12,118,577 6,028,815
..11,877,824 6,246,653

2,338,134

1,653.619
1,754,998
1,032,927

159,280
182.037

2,524,111
2,778,219

310,578

a

holiday and the disagreeable weather

prevailed during the greater part of the current week

have been unfavorable for trade, and

Pkge.
Manufactures of wool.. ..1,600
do
cotton..2,298
do
silk
1,931
do
flax
1,439
Miscellaneous dry gooda.9,336

heavy. A moderate movement, however, of the
more staple cotton productions from first hands is noted, but the
jobbing outlet has been fitful and, on the whole, not satisfactory
The call for brown and bleached goods is fair, and there is a
scarcity of some makes. In woolen goods the market is sustained
by a light production and not very full supply; the demand is
slack, but there are believed to be indications that the market
will be well controlled during the season, as manufacturers shut
off their production of spring weights earlier this season than
usual, and 1* ft a supply that it scarcely seems possible can prove

1566,958
506,876
327,323

952

212,213

11,470

225,674

1,201

547,701

16,205 $2,174,532

664.046

1,996
1,088

678,391
252,204
281.559

6,740 $2,629,049
THE

479
386
93

$205,899

195,070
28,532

617

135,679
23,939

$914,193
2,174,532

2,258

769
528
203

$355,785

1,242
1,128
3.870

2,682,621

16,205

837
954
313
912

$360,771

1.727

48,923

*294.083
331.471
209,623

forconsumpt’n 15,602

Total thrown upon

m’k’t.20,345 $3,927,492

15 .898

182,908

20,075 $3,088,725

111,007
95.459

683

$571,983

2,629,049-

6,740

8,998 $3,201,032

ENTERED FOR WAREHOUSING DURING SAME PERIOD

820

do
do

343
996

297,402
826,688
185,716

goods. 6,974

91,520

silk
flax

-

do

993

Miscellaneous dry

$442,841

795

$809,924

697
119

$338,301

cotton.. 1,085

Manufactures of wool....

190,026

627

178,103
135,849

110,149

267,669,
84,527

1,002
1,257

122
421
119

98,258
45,634
$767,768

Total
9,918 $1,239,627
Add ent’d for consumpt*nl5,602 2,682,621

4,068 $1,045,212
16,205
2,174,532

2,084
6,740

2,629,049

the port.25,520 $3,922,248

20,273 $3,219,744

8,824

$3,396,817

Total entered

vVe

a*,

annex

particulars of leading articles of domestic
prices quoted being those of leading jobber*:

few

a

manufacture,

our

Cotton Sail Dock.

Woodberry

Druid

No, 4

34

No. 5
No. 6
No. 7

unfavorable developments during

38
36

26
24

9

No. 10...

22

•Ontario and Woodberry
USA Standard 23* in.
8 oz. 22

40

No. 2
No. 3

*

42

No, 1

No. 8
No.

and

No. 0

reported from any section of the interior*
the dulness being every where attributed to the unfavorable
weather and a late spring, but a good distribution is expected

the week
bearing upon the financial condition of the trade, and a feeling of
security still prevails. The collections are pretty promptly made
in all sections, though country merchants find some difficulty in
meeting payments in view of the troubles their customers have
experienced in moving produce during the severe winter.

$757,849

1.503

1,167
1,609
751
1,208

4 743 *1 244 871

TntRl

Add ent’a

Mills.

no

1875—
Value.

Pkgs,

SAME PERIOD.

But little business is

There have been

Value.

Pkgs.

f821,834
715,905
562,222
370,447

15,602 $2,682,621

Total.

excessive.

on.

Value.

WITHDRAWN FROM WAREHOUSE AND THROWN INTO THE MARKET DURING

the amount of business done

has not been very

25, 1875.

..1874

1873-

Friday, P. M., Feb. 26, 1875.

of

corresponding weeks of 1874 and 1873

CONSUMPTION FOR THE WEEK ENDING FEBRUARY

ENTERED FOR

Manufactures of wool....
do
cotton..
do
silk
do
flax
Miscellaneous dry goods.

THE BIY GOODS TRADE.
occurrence

importations of dry goods at this port for the week ending.

Feb. 25, 1875, and the
have been as follows :

500

Estimated.




grades has already been supplied, and it igv

yet, for any material improvement in the

as

1,392

Corn,

1,554

February 13, 1875
February 6, 3875
February 21, 1874

later

early,

8,852

points of accumulation at lake and

by rail, on the Lakes and on the New
20, 1875 :

Total
12,201,784
Total in store and in transit—

which has

restricted in all

with imports running a trifle over those of last
The restoration of the ten per cent, duty by the new tariff
bill affects some lines of dry goods, and adds to the firmness with
which importers are already holding stocks. Dress fabrics are
mostly in request, and the demand is largely for British and Con
tinental stuff goods.
There is a little trade in silks, but no real
activity. Woolens are dull but steadily held. White goods and
linens sell fairly, and a good season in these departments is

including the stocks m

<*rain,

Wheat
bush.

The

movement in the

market rules firm,

The Visible

*

some

for medium and low

Corn,

bush.

bbls.

been

56,353
88,266

292,727

Wheat,

Flour,
At—
New York
Boston
Portland*.

14,110
7,337

45,453
•

Rye.
bnsh

bush.

as stated above, there hag
leading lines of cotton fabrics during
the past week, the demand has not been so urgent as to cause any
excitement in the market, and the price changes have been com¬
paratively few. The scarcity of both brown and bleached goods
renders quotations on several prominent makes little better than
nominal, as the sales are all for forward delivery at prices to be
made hereafter.
A few have been advanced during the week,
and the entire list, on account of the very restricted production,^
firm. Colored cottons are also in light supply, and agents in some
cases are sold ahead. They are, therefore, firmly held with no gene,
ral change, but an occasional make, of both stripes and ticks, has
been advanced a point.
Print clothes are held up to 6£@6£c. on
extras, and rule firm in consequence of the stoppage of produc.
tion at Fall River. Prints find fair sale, but mostly at unchanged
figures, the only changes being in very fancy styles for which
agents can realize an advance.

Goods.—While,

Domestic Cotton

41.743

169,138
134,918
70,813
48,536
26,830-

882.349
Aug. 1 to date...? ,114,078 40,052,788 25.115,434 13.837,705 <1,945,897
time 1873-74. ..3,616,379 54,761,137 32,009,069 15,217,053 6.037,570 1,344,058

Total
Same
Same
Same

[February 27, 1875.

THE CHRONICLE

226

...

.

..

....

9 oz.

Light duck—
Bear (8oz.) 29 in..
do heavy(9oz.)...

18
21

32
30
28

Mont.Ravens 29in.
do
40in.

20
29

20
15
9
16

Columb’n h’ybro
do XXX brn

10 oz.
12 oz.
15 oz.

Ontario Twls, 29in.
do
36in.
Ex twla'Tolhem’s”

Denims,

Amoskeag....
do
B...
Boston..
Beaver Cr,A^ L«
do
BI 1.
1

Carlton

,

14

19

Haymaker....
Lewiston
Otis AXA
do BB...,.,,

Thorndike A..
Uncasv’e UCA.
10
I Warren AX A.,
BB....
do
20 • |
do
CC.
16* 1
19

(1

..

m

York

24
26
31
38

18

28
13

s