Full text of Commercial and Financial Chronicle : January 25, 1908 : Railway and Industrial Section, Vol. 86, No. 2222

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

RAILWAY AND INDUSTRIAL
SECTION

(Commercial & f

OF TFTE

imahcial

Q hronicle.

Entered according to A otof Congreaa In t h e year 1908, bv W i l l i a m B. D a n a C o m p a n y , In the otnce of Librarian of Congrem, Waanlogton, 0 , 0

V»l 86.
R ailw ay

NEW
and

Y O R K , J A N U A R Y 28, 1908.

I ndustrial

Section

Tho Railway and Industrial Section, issued quarterly on the lust Satur­
day o f January, April, July and October, is furnished uilhvut extra charge
to every annual subscriber o f the Commercial and Financial Chronicle.
The State and City Section, Issued semi-annually on the last Saturday
at May and November, is also furnished without extra charge to every
subscriber o f the Chronicle.
The Street Railway Section, Issued three times a year. In February.
Juno and October, is likewise furnished without extra charge to every
Chronicle subscriber.
The Bank and Quotation Section. Issued monthly. Is also furnished
without extra charge to every subscriber of the Chronicle.
Terms tor the Chronicle, Including the four Supplements above named,
are Ten Dollars per annum within the United States. Thirteen Dollars
(which Includes postage) In Europe, and $11.50 In Canada.
File covers o f the Chronicle are sold at 50 cents each; postage on the
same Is 18 cents. File covers for Supplements can be had at same price.
CHICAGO OFFICE— Pliny Bartlett, 613 Monad nock Block.
LONDON OFFICE— Edwards & Smith, 1 Drapers’ Gardens, E.C.
W ILLIAM B. DANA COMPANY Publishers,
Pine Street, corner of Pearl Street,

Poet Office B ox, 068

New York.

No. 2222.

sion which was felt for a time in 1904 caused railroad
managers to retrench to some extent in theiropeiatingcosts, so t hat the cost of conducting transportation in
creased by a comparatively small percentage between
190.r> and 1906, while the prevailing tendency to intro­
duce heavier equipment— which in turn necessitated
substantial expenditures on the roadway— were not
materially checked. Consequently returns from a
large number of roads for tho year ending June 30
1900 showed that maintenance costs were increasing
faster than usual, while the cost of conducting trans­
portation increased proportionately much less. In the
year ending June :t0 1907 returns from the same
group of roads showed that maintenance cost had
taken a still further upward bend, while the cost of

conducting transportation had increased by leaps and
bounds, and the curve of its increase showed a much
In our monthly summary of operating results we sharper ascent than did the curve of increase in main­
showed in Dec. 1906 that while the gross earnings of tenance cost.
90 roads for the 10 months ending Oet. 31 had in­
The reason for this is of course plain. Traffic had
creased 1 2 ^ % over the gross earnings of the same 90 been so enormous that it was possible to give very little
roads for the same period in 1905, operating expenses attention to the details which make for economical
had increased only 1 0.9% in the same period, leaving train movement. The obvious necessity was to keep
room for the very substantial increase in net earnings the traffic moving, and the fact that traffic was being
which actually occurred. But a year later, in 1907, moved in a manner more or less wasteful was, for the
tho operating expenses of a large group of roads in­ time, of secondary importance. A concrete instance
creased 17.7% over the same 10 months in 1906, of this is shown in the average revenue train-loadings
whereas the gross earnings increased only 1 2 .9 % , so of a good-sized group of important roads representing
that the increase in net wns very slender.
traffic conditions in all parts of the country. The
Even such statistics as these show very inadequately heavy equipment ordered on such a large scale in 1905
the enormous operating costs of tho last few yearn, anil 1906 had for the most part been delivered in time
because in comparing one year with another both the to affect the train-load materially, yet the increase in
figures taken are high, and we observe only the differ­ train-load over that of the year previous was the
ence between them, not the absolute amount of them. smallest increase since 1904 and next to the smallest
Moreover, no general statement as to the ratio of increase since 1901. For example, equipment better­
operating costs to earnings means much, owing to the ment on the Northern Pacific has been carried on so
varied conditions which go to produce this ratio. To rapidly that the average capacity of its freight cars in
appreciate the added burden which the great pros­ 1907 wns 2 1-3 tons per car greater than it was in
perity of the last decade has placed upon the cost of 1906, but the company was able only to get an average
R E D U C IN G O P E R A T IN G C O S T S .

railroad operation, it is necessary to have recourse to
a different kind of figure.

loading per car half a ton heavier than that obtained
in 1906, in spite of the fact that an unusually large
Excluding the item of general expenses, embodying proportion of the company’s business is heavy freight
principally.the salaries of higher officers, and having a moved long distances. The company got a greater
relatively small influence on the expense account as a ton mileage per car per day than the average, and had
whole, it is noteworthy that the three great branches a greater proportion of its own cars in use than the
of expense— conducting transportation, maintenance average railroad had, but had no time to develop the
of equipment and maintenance of way and structures maximum economies in handling its traffic.
— increased between 1902 and 1905 in almost the
But the greatest source of increased operating cost
same proportion. • But the fear of industrial depres­ has been labor, skilled and unskilled. It, was pointed



6

RAILWAY AND INDUSTRIAL SECTION

out last spring in these columns that track labor cost
per mile of road hail increased in three years from
S I,622 to $2,875 on the Southern Railway. Railroad
managers all over the country have been reporting
increases of from 5 to 1 5 % each year for a number of
years, and sometimes the increases have run much
higher than this. Apart from the first cost, the work
done per unit of labor has, in the hist year or so, be­
come notoriously inefficient. »So large a number of
jobs were open to the individual laborer, or skilled
workman, that his boss was deprived of the strongest
of all influences of control— that arising from the fact
that the workman is seriously anxious not to be dis­
charged from the position which he holds. The first,
effect of the present depression has been to correct, to
a surprisingly large degree, this inefficiency. Men are
working much harder at their tasks in all branches,
and consequently it takes a smaller number of men a
less number of hours to do a given task than it did
even a few months ago. Actual reductions in wages
have been very difficult to make on account of the
strength of the unions, but there is no doubt that if it
is necessary resolutely to present the choice of working
at a reduced rate or of not working at all, that reduced
wages can be put into effect. Whether this is neces­
sary or not, the economy of using small and efficient
forces instead of large and inefficient ones has already
begun to be felt.
Next to the high labor cost, materials used in railroad
construction and betterment work have been largely
responsible for the great expense increases. Certain
very important parts of a railroad, such as the rails,
have carried a uniform quotation per unit of weight

[VOL. LXXXVl.

year to the maintenance curve.
Managers of sub­
stantially all the strong roads in the country, large or
small, agree that so much has been spent on extra­
ordinary upkeep of the property in the last five or six
years that a substantial reduction can bo made this
year if necessary. There can be no doubt that this
will tremendously atToct maintenance costs, and that a
very important saving can be made, but it is also true
that current maintenance along lines of what is now
considered strict necessity, is going to cost a good deal
more than it did in the first years of depression follow­
ing 1893. The public standards of railway service
have been unconsciously increased year after year, as
it is entirely right and proper that they should have
been, with the result that the railroad of to-day,viewed
as a transportation machine, is capable of a tremen­
dously greater amount of work without undue strain
than the transportation machine of 1.893 was. It
follows, naturally, that it costs more to keep it up,
and there is not the slightest indication that railroad
properties in this country will ever again be maintained
at anything like the average cost figure that was suffi­
cient for bare needs 15 or 20 yeais ago.
The upshot of the matter is that every operating
cost pertaining to a railroad can bo reduced this year
if necessary, but that the minimum limits to which
reductions can or will be made are not as low as is
sometimes supposed. The best opinion among rail­
road officers is that expense reductions cannot bo made
to offset entirely the reductions in earnings which are
confidently expected, but that these expense reduct ions
will nevertheless be material, and that, in the long
run of things, it will be a very important benefit to

for a number of yearn, but it has been necessary to

have the whole scheme of expenses sharply overhauled,
materially increase the weight employed. Other com­ since the previous increases, month by month and
modities, such as lumber, have appreciated in cost year by year, were getting entirely out of hand.
almost continuously for a decade, but in this special
instance the corner was turned a year ago and lumber
RAILROAD
CONSTRUCTION
A N D
is cheaper now than it was at the close of 1900. Corre­
R E T T H R M E N T S I N 1907.
spondence with a number of railroad officers indicate
In the light of the events of the last three months,
that costs of materials in 190S will certainly be no the eagerness of a number of strong railroads to striko
higher than they were in 1907, and will in a number of out for points on the Pacific Const and the rapid fur­
instances be somewhat lower, and this is particularly therance of their plans for financing these extensions
true of manufactured articles, which have had, in their constitute an interesting episode in recent railroad
production, the same handicap of inefficient and costly history. The activity of the Goulds in organizing and
labor that the railroads have had in their operation.
financing the Western Pacific; of the C'hioago Milwau­
It is apparent, therefore, that as far as operating kee & St. Paul in planning its long reach to the North­
costs in 1908 are concerned, almost everything that the west; of the Kansas City Mexico A Orient, the Grand
railroads buy will tend to be slightly or materially Trunk, the Denver Northwestern A Pacific and the
cheaper than it has been in recent periods, while labor San Pedro Los Angeles A Halt Lake are of very re­
will certainly be moro efficient, so that greater results cent date— so recent that only one of those projects,
can be obtained with a given number of units, and the San Pedro Los Angeles A Halt Luke, has been
thero may even be a lower cost per unit. It is also completed. Work on all the rest was in full swing a
evident that a period of slackened traffic is going to year ago, so far as circumstances of the weather would
make operation much more economical than it has permit, and has been carried on with considerable
lately been. Locomotives will bo sent to the repair regularity through 1907. This has been done in spite
shop when they ought to go, instead of being worked of the extraordinary financial conditions, owing to the
to the absolute maximum at a considerable damage fact that sufficient funds had been obtained to carry
cost. There will be much less overtime on the road along the principal work on the through lines, parts
and in terminals, and there is no present indication of great systems, nearly to completion, so that new
of congestion, which is always an expeasive thing to financing under nearly impossible terms did not have
control. There will be an opportunity to obtain to be attempted.
better freight train-loading3 and to handle business in
a way more satisfactory to all concerned, with reduced
costs in the claim department.
It will be interesting to see what relation the
conducting-transportation curve will bear this current



Up to the appearance of the 1907 annual report of the
Chicago Milwaukee A St. Paul, the company had
apparently spent some 32*^ million dollars on its Pa­
cific Coast extension, and it announced that it oxpected that the work would be completed in 1909,

J an ., 1008. J

RAILWAY AND INDUSTRIAL SECTION.

7

long reaches to the Pacific Coast. The Grand Trunk
Pacific has now made its full surveys from Moncton,
on connections whose friendliness was not necessarily N . B ., west to Winnipeg, Man., 1,800 miles, and has
a permanent asset, to a Pacific company with a low- let contracts for 852 miles of this. On the western
grade line through to a point of great traffic on the end contracts are let as far as the ltocky Mountains
coast. There were 39 miles of track laid on this ex­ except for about 125 miles. Track has now been laid
tension in 1906, and the company added 2.98 miles on 325 miles west of Winnipeg and on 100 miles of tho
in 1907, leaving between 1,100 and 1,200 miles of Fort William branch. In the province of Saskatche­
the distance to Seattle unbuilt. This was the great­ wan, the Canadian Northern has also recently finished
est amount of mileage built during the year by any a connecting line running to Regina from Brandon,
company south of the Canadian border, although the Man., 175 miles, and has a number of other important
longest continuous stretch was built by the Portland extensions in project. The Canadian Pacific has built
tfc Seattle H R . in the State of Washington, between a long extension from the East to Saskatoon, and this
Kennewick and Vancouver, 220 miles. The Port­ is being extended 325 miles beyond that point into
land & Seattle is a low-grado line which is being built Alberta. Tho grading on this extension is now almost
jointly by the Great Northern and the Northern Pa­ done and 26 miles of track have been laid. In Mexico,
cific. To avoid the haul over the Cascade Mountains, the Southern Pacific, under what is called the Mexican
between eastern Washington and the coast, it is Pacific Coast Railway Concession, built 205 miles on
necessary at present, on the western side, to surmount the west coast during tho year, and is pushing work
an elevation of 2,S00 feet in a distance of 75 miles; from San Bias Station, on the Kansas City Mexico &
but the direct moving cause of this construction was Orient, as far down the Gulf of California as Guada­
changing the S t. Paul from a great local railroad of
the Granger States, depending for its through traffic

I lie invasion of the State of Washington by the St. Paul
and the Union Pacific. As soon as it was definitely
known that these lines were building to Puget Sound,
the
projected this route to
the only

Hill interests

retain

remaining water grade from Spokane to tide water.
The Western Pacific, which is to furnish a Pacific
Coast outlot for the Gould system from Salt Lake City
to Oakland, with a splendidly-built low-grade line,
built 91 miles in California, 39 miles in Nevada and
20 miles in Utah during the year, a total of 150 miles,
and reports have been received that freight is being
carried over certain parts of this mileage. The state­
ment may safely be hazarded that the company has
not sufficient funds at present to complete the line
with the full detail originally planned, but its resources
are probably sufficient actually to furnish the through
connection, and the finishing details can very well
follow later on. The uncompleted parts of the West­
ern Pacific have now been reduced to a total of 577
miles. When the road is completed, it will bring a
new competition into a groat region that now divides
most of its through traffic botween the Harriman lines

lajara, 650 miles. The Kansas City Mexico <fc Orient
itself built only 18 miles in Mexico last year. It also
built 23 miles in Texas anil is now running trains on
five disconnected sectious of its total proposed line
from Kansas City to the lower part of the Gulf of Cali­
fornia. The first of these sections extends from
Wichita, Ivan., to Dill City, Okla., 211 miles
southwest; the second operated section extends from
Blair, T ex., to Red River, 22 miles; tho third section
from Benjamin, T ex., to .Sweet Water, 88 miles; the
fourth section from Picachos. Mex., to Creel, 266 miles,
and the fifth section from Ilornillos to Topolobampo,
64 miles, a total of 651 miles operated, as compared
with a length of 1,650 miles for the entire projected
route. Meantime, the Harriman lines, as has just

been pointed out, are reaching down through the State
of Sonora into the same territory.
As was tho case the previous year, the most spec­
tacular piece of construction carried on during 1907,
although not necessarily the most difficult, was the
Florida East Coast extension to Key West. Fortyfour miles of track were laid south from Largo Key
and the Atchison, but there enn be no doubt that the during the year, stretching across the island fragments
growth of this region will at least keep even with its along the route, and resting in between ou viaducts
supported by the coral reefs. Trains are not yet run­
facilities, if it does not exceed them.
Work on the Denver Northwestern & Pacific pro­ ning over any part of this extension, but it is nearing
ceeded slowly in 1907, and less than 20 miles of new completion. When rails have been laid over the re­
mainder of the 129-mile stretch from Homestead, south
of Miami, to ICoy West, the sea distance to Cuba from
tho southernmost railroad station will be only about
60 miles. It is easy to forget that Havana is almost
duo south of Key West.
For a number of yearn past, the greatest annual ad­
ditions to mileage have been made in the Southwest­
ern States. Texas led materially in its 1906 record,
but Louisiana was first in 1907, with a total of 385
miles of track laid. Texas laid 339 miles in 1907,
South Dakota was third, with 338 miles, and Wash­
ington fourth, with 325 miles. Florida, with 252
miles, comes next, then Nevada, with 218 miles. The
number of companies engaged in new railroad build­
ing gives a good indication of the general character
of the work. Thus, in Washington, South Dakota and
Nevada the number of companies in each case was 7,
independent.
New building in Canada was somewhat more rapid while 18 companies built new mileage in Texas
during 1907 than it was in the United States, on the and 13 companies in Louisiana. But track was laid

line were added, carrying the road as far as Yarmony,
Col., 150 miles from Denver. This ambitious project,
to build a better lino between Denver and Salt Lake
City than either of the existing ones, was financed in­
dependently by 1). H . Moffat and his associates; at
present it is chiefly notable as a scenic road, and it is
uncertain whether or not it is to be pushed rapidly
to completion. The construction cost of crossing the
Continental Divide was very heavy; the altitude of
the summit is 11,600 feet, and snow is encountered
there all the year round. Assuming that the line ul­
timately reaches Salt Lake, however, it should have
considerable possibilities of usefulness in relieving the
pressure of through traffic on tho Central Pacific and
the Rio Grande systems. It seems highly improba­
ble, under these circumstances, that it will remain




8

RAILWAY AND INDUSTRIAL SECTION.

[V O L . L X X X V I.

on the greatest number of separate enterprises in
It is scarcely necessary to point out that betterment
Pennsylvania, where 19 companies built 122 miles. expenditures out of earnings were made on a con­
No new mileage was reported in Connecticut, Dela­ stantly increasing scale between 1898 and 1907, and
ware, Iowa, Massachusetts, New Hampshire, Rhode that the sums spent in 1907 went a long way beyond
Island or Vermont.
any previous records. A number of roads were to all
The new equipment turned out in 1907 surpasses intents rebuilt out of earnings in this period. The
all previous records by a very large margin. The to­ Atchison in 1907 spent almost $10,000,000 out of the
tals exceed 284,000 freight cars, 5,400 passenger cars year's income for betterment, after a liberal mainte­
and 7,300 locomotives, including the output of car nance appropriation, so that this sum may clearly be
and locomotive companies in Canada but not of added to its assets, without offset by new liabilities.
equipment built in railroad shops, the entire amount On the other hand, there were a few prominent roads
of which would not make any notable addition to the which reduced their extraordinary expenditures in
figures given. The cost of all kinds of equipment has 1907, because the heaviest part of the special better­
been growing higher steadily, year by year, although ment work which they had been doing for some years
not necessarily so in proportion to the work which the out of earnings was completed. This was true of the
equipment can perform. Thus, locomotives cost per Chicago & North Western. For the 7 years prior to
pound about what they cost 15 years ago, but the 1907 the average special appropriation on this line
constant increase in the total weight of the motive was in excess of $4,000,000 a year, and in 1906 $6,­
power has brought the average cost per locomotive 000,000 was thus set aside, whereas in 1907 there was
around 816,000. The average cost per freight car in no specific appropriation, although maintenance was
1907 was probably about $1,100, and the avergge cost on a liberal basis and the cost of new work charged to
per passenger car was not far from $8,500. On this this account was duly separated from the strict re­
basis, the railroads spent some $477,000,000 in 1907 quirements for upkeep.
for new equipment, an increase of about 2 5 % over the
It is not yet possible to estimate the total 1907 bet*
expenditures for 1906. In fact, the equipment busi­
ness was so exceedingly active that a surprisingly large
amount of revenue tonnage was occasioned by hauling
materials to the equipment works, to bo sold in their
finished state to the railroads which first derived profit
from hauling them. As a very rough computation,
it may be hazarded that the total equipment bought
and built in the United States and Canada in 1907 cost
something like three times as much as the new mileage
cost in the same period.




terment appropriations for the entire group of rail­
roads of the country, as some of the companies which
habitually make the heaviest charges to income on
this account, such as the Pennsylvania, report a
Dec. 31 year, the returns of which are not available
until March; but there is not the slightest risk iu the
statement that there has never been a year in the his­
tory of American railroads when the assets securing
stocks and bonds were as substantially increased out
of current earnings as they were in 1907.

J an ., l'JOS.j
R A IL R O A D

9

RAILWAY AND INDUSTRIAL SECTION
AND

IN D U S T R IA L

D IV ID E N D S

FOR

SEVEN

YEARS.

The following table shows the dividends paid for seven years past on all railroad stocks (of steam
railroads) sold at the Stock Exchanges in New York, Boston, Philadelphia and'Baltimore. Stocks which have
been merged or consolidated, and have no longer a separate existence, are not included. Dividends actually
paid form the basis of a year’s total. Those declared in one year and paid in another appear in the latter year.
In classifying the companies, we bring together under each market the stocks dealt in in such market— thus
Boston & Albany appears in the Boston list, Lehigh Coal & Navigation in the Philadelphia list, &c. W e have
also added at the extreme a id of the table a statement showing the dividends for the sam e periods on som e o f the leading
industrial stocks.

iVnme 0/ C om pany.
NOW YORK.
Alabama Gt Southern pref. A --------Alabama & Vicksburg.......................
Atch Top 6c Santa Fe c o m m o n _____
Do
do
preferred.......... ..
Baltimore Cbeaa & Atlantic pref__
Baltimore A Ohio co m m o n ________
Do
do
preferred________
Bangor 6c Aroostook............................
Buffalo Rochester A Pitts common .
Do
do
preferred...............
Buffalo 6c Susqueh RR co m m o n ____
do
do
preferred_________
Canada Southern (leased)___________
Canadian Pacific___________________
Do
do
preferred________
Central o f New Jersey______________
Chesapeake A Ohio...........- ..............Chicago A Alton Railroad preferred.
Chicago Burl A Quincy RR leased..
Chicago A Eastern Illinois preferred
Chicago Great Western pref A _____
Chic Ind A Louisville c o m m o n _____
Do
do
preferred________
Chicago Junction Railways, A c_____
Do
do
preferred________
Chicago Milwaukee A St Paul--------Do
do
preferred________
Chicago A North Western . . . .........
Do
do
preferred_______
Chlo Rock Island A Pacific R y ...........
Chic St P Minn A Om aha.................
Do
do
preferred_______
Ctn Ilara A Dayton co m m o n ...........
Cln N O A Texas Pac c o m m o n _____
Do
do
preferred_______
Clevc Cln Chic A St Louis...................
Do
do
preferred_______
Clove A Plttsb, orlg. guar (leased) . .
Special guar betterment stock____
Colorado A Southern 1st p r e f______
Do
do 2d preferred...........
Cripple Creek Central com m on.........
Do
Do
preferred_____
Delaware A Hudson........... ................
Delaware I-ackawanna A W estern..
Denver A lUo Grande preferred____
Dos Moines A Fort Dodge p r e f _____
Detroit A Mackinac p re r ..... ..............
Erie 1st preferred__ _____ _________
Do 2d preferred.............................
Evansville A Terre Haute_________
Do
do
preferred...........
Ft W A Denver City "slpd stk "____
Georgia (leased)....................................
Grand ltaplds A Indiana— . . . . . . .
Great N orthern___________________
Green Bay A Western______________
Gulf A Ship Island..............................
llocklng Valley co m m o n __________
Do
do
preferred______
Illinois Central......................................
Inlerboro-Metropolltan Co pref.........
Intcrbornugh Rapid Tr (N V C ity )..
Kansas City Southern........................
Keokuk A Dcs Moines pref (leased).
Lake Erie A Western preferred____
Lake Shore A Michigan S ou th ern ...
LouUvIllo A Nashville..................... ..
Manhattan Elevated guar (leased)..
Michigan Central..................................
Minneapolis A St Louis common . . .
Do
do
preferred........ - .
Minn 8t P A S Ste Marie c o m m o n ...
Do
do
preferred...........
Missouri Kansas A Texas p r e f.........
Missouri Pacific____________________
Mobile A O h io ......................................
Nashvlllo Chattanooga A St L ouis..
National R R o f Mexico 1st pref_____
New Orleans A Northeastern.............
New York Central A Hudson River.
N Y Chicago A St 1 ,1st preferred . .
Do
do
2d preferred____
N Y A nur (in cdlh A v )co m A pref.
N Y New Haven A Hartford____
N Y Ontario A Western................
Norfolk A Southern.......................
Norfolk A Western com m on____
Do
do
preferred_____
Northern P a c i f i c .................. ..
Oregon RR A Navigation p r e f __
Pacific Coast com m on........... .........
l)o
1st preferred...........
Do
2d preferred...............
Panama.............................................
Pennsylvania Railroad---------------l’ltts Cln Chic A St L com m on. . .
Do
do
preferred____ _
Plttsb F t W A Ch guar A spec leased
Pittsburgh Youngstown A Ashtabula
Do
do
p r e f e r r e d .......
Railroad Securities common ...........
Do
do
p re fe rr e d .....
Reading Company co m m o n ------Do
do
1st preferred____
Do
do
2d preferred____




DIVIDENDS ON RAILROAD STOCKS.
Dividend P criodt.

1901.

Feb A Aug
Annual— Aug
June A Dec
Feb A Aug
Mch. A Sept.
Mch A Sept
Mch A Sept
Jan A July
Feb A Aug
Feb A Aug
Quarterly— Jan
Quarterly— Mch
Feb A Aug
April A Oct
April A Oct
Quarterly— Feb
Annual
Jan A July
Quarterly— Jan
Quarterly— Jan
April A Oct
June A Dec
June A Dec
Quarterly— Jan
Quarterly— Jan
April A Oct
April A Oct
Jan A July
Quarterly— Jan
Quarterly.
Feb A Aug
Feb A Aug

0
0
31
*4 ’
4

1904

1005.

1900.

1907.

0

4
6

10
0 A 3 extra
4
6

0
7
4
8

0
7
4
5
2

fl
7
•>K
6

0
7
0
5

*4*
4

4

"4 '
4

8K
4
4
6
0
5
4
3K
6
4
8
1
2
7
6
8
3
4
8
8
7
7
7
8
6
7

0
4
4

6

5
4

7

7A 1K extra
6
4
3H

6

...

3

*H

4
3K
0
8
5
4

5

6

0
4
BH
0
0
s
6
6
5
■ iH 1
6
8 « (»)
4i
4
2
4
2
K
2
2
H
2
H
2
2K
6
6A1 extra.
6
6
6
«K
4
4
4
4
4
4
8
8
8
8
8
6
1
1
1
l
1
l
4
New com pony— Cons olldatlon of Mar. 8,1000
7K AOext'ap
7
7
7(1/)
6
7
6
0
0
0
6
0
2K
S
5
6
3
3
1
3H
2K
4
4
4
4
4
4
8
8
8
8
8
8
6
6
0
0
6
e
7
7
7
7
7
0
7
7
7
7
7
7
7
7
7
7
0
7
8
8
8
7
8
SH
5
8.KA1.G3 ex
BH
c
8H
7 K («)
7
0
7
8(6)
0
6
7
7
7
7
7
7
7
...
***
B
~
2
*5*
~T
~BH
5
8
&
8
s
2K
4
4
4
I
4
4
3M
5
5
6
5
5
6
5
7
7
7
7
7
7
7
4
4
4
4
4
2
...
4
3H
3K
...
...
“
—
6
BH A~2 ext
w
4
4
4
9
7
7
7
7
7
7
7A10 extra. 9R A 1 0 ext. 1 0 A 10 extra 10 A lO cxtra
7
7
7
&
6
6
S
5
8
5
5
5
8
7
7
8
7
B
6
6
214
8
41"
4
4
4
3
3K
1H
4k
4
2
...
--4

Annual.
1
Jan A July
4
Jan A July
7
Feb A Aug
5
Quarterly— Jau
4
4
Jan A July
4
Jan A July
Jan A July
6
April A Oct
April A Oct
—
May A Nov
Jan A July
June A Dec.
Feb A Aug
—
Feb A Aug
Annual
r,
Quarterly— Jon
6
Annual— Mch
Annual— Mch
2
J-J A A -0
10A4
Quarterly— Mch
8
Annual— July
Quarterly— Jan 4 A 1 extra.
2
June A Dec
4
Feb A Aug
4
Quarterly— Feb
4
Jan A July
Quarterly— Feb
4
Quarterly— Feb
6
Quarterly— Feb
4
2
May A Nov
0
Feb A Aug
1
4
Jan A July
Quarterly — Jan
on
Mch A Sept
OH
7
Mch A Sept
A *Oct
A Aug
A
A Nov

1903

6

June A Dec
Quarterly— Mch
Mch A Sent
Quarterly— Jan
Quarterly— Mch
Quarterly— Mch
April A Oct
April A Oct
Quarterly— Jau
Quarterly— Jan
Quarterly— Men
Quarterly— Jan
Jan A July
Annual— Aug
Jan A July
Semi-annual.
April A Oct
Annual
T*
April A Oct
Annual.
Quarterly— Jan
11
April A Oct
2
Quarterly— Feb 7 A H extra
3
Annual— Feb
Quarterly— Jan
Jon A July
‘ ill
Jan A July
6
Mch A Sept
6
Quarterly— Jail
...
Quarterly— Jan

April
Feb
Mch
May

1902.

~

X

~

u
3

11

3

4
11
3

4

*§'
4
6

4
3
3
4
0

4
4
3
4
6

...
...

...
...

...

2

7

1
4

7

5
4
4
5

s

T

4

7

2

4

7

5
7Hi

4

0

8
2
7

IT

7

2

5

3
10A4
8

10A4
8

<«

6
4H
4
0
3
4

7

4
5
6
6
4

...
...

B

3

...

4 A l extra
3
4
8AM extra.
4

6
&
5

6

3

10A4

8

4

11
3

4
7

3H
9

...

3

3
8
6
7
4

12
0

r.

6

5

a

*3K
5
5

T

4

...

BH

6

4

8 A 1 extra. OH A H ex t
2K
8«
8K

IT
0

T

3

5
6
3
4

4
7

&
6

4
2H
4
ftK
4

3
3
4

7

—W

3
10A4
8

r>

4
11
3

7
*6*
2
4

5

11
3
7

IH
3
3
8
8
6
0
8 A 1 extra. 0 « A « ext.
4
4
2K
8
8
4
4

...
...

2

~8~

6

l
6
5

6

3

10A4
8

7

0
4
7

5
0
2

8
4

5
4
10A4
8
2

*H

2

3K
4

*H

5
4

0

4
0
6
0

1

7

4
BH
B
BH

OK
8
3
4

R

4
7
4

6
8

...

7

...

7
7
7

7

7
7

7

TO

7

7
7

7
4
5
7
7

i7

7

...

4

4

4

3M

4

2K

4

•i

3

3K
4

0
3

4
7

7

4

IK

4

4

8

3
4

4

OK
3
•IK
7

4
4
4

...

4
4

4
4

10

RAILWAY AND INDUSTRIAL SECTION

[V O L . L X X X V I,

DIVIDENDS ON RAILROAD STOCKS.— Concltided.
N am e o f C om pany.

Rock Island Company preferred__
Rome Watertown A Ogd (leased). .
St Job A Grand Island, 1st pref..
St Louis A San Fran 1st pref__
Do
do
id pref______
Chic A E III com tr c tfs _____
Do
do
pref tr c tfs.. .
K C Ft S A M pref tr c tfs ____
8oulhem Pacific common.............
Do
do preferred____
Southern Railway preferred______
Mobile A Ohio stock trust certlflc’s
Tenn Coal Iron A RR, common (d)
Texas Central com mon_________
Do
preferred____________
Toledo St. Louis A Western, pref "
Union Pacific common_______ "
Do
preferred_______
Vandalla ____________
Vlckab Shrove A.PaclOc common"
Do
do
preferred.....

D iv id en d P e r io d t

Quarterly—Feb
Quarterly—Feb
Jan A July
Quarterly—Jan
Quarterly—Meb
Jan A July
Quarterly—Jan
Quarterly—Jan
Quarterly—Jan
Jan A July
April A Oct
April A Oct
Quarterly—Feb
Annual—July
Jon A July
April A Oct.
Quarterly—.Inn
April A Oct
Feb A Aug
Annual—Nov
Annual—Aug

1001 .
S

3)4

1002.
6
2)4(0
4
4
ir
4
«...
5

1

254
6
...
4
4
...

1003.
4
6
...
4
4
10
0
4
...
. W.
5
2)4
5
...
4
4
...

‘fi*

1004.
4
fi
...
4
4
10
0
4
...
5
3H
2)4
5
...
4
4
3
6

1005.

1006.

4
5

5

4
4
10
<5
4
...
7
5
4
3
6
fi
4)4
4
2
2
8

1907.
fi

4

4

id'

16"
fi
4
5)1
7

fi
4
2)4
7
5
4
4
3
fi

4
4

4
4

4
fi
6
4
10
4
fi

*6*

"6*

8

BOSTON.
Boston A Albany (leased) . . . .
Boston A Lowell (leased)__
Boston A Maine common "111"
Do
do
preferred.. II!
Boston A Providence (leased)
Boston Revere Beach A Lynn
Cln Sand A Clev pref (leased)
Con A Mont all classes (leased")
Connecticut River (leased)
Conn A Passumpslc pref (leased )" "
European A No. American (leased)
Fitchburg preferred (leased)
Ft Wayne A Jackson pref (leased)"
Hartford A Conn Western (leased)..
MalneCentral....................
Manchester A Lawrence (leased)! "
Nashua A Lowell (leased)
Northern (N H) (leased).I . Z " I " ‘
Norwich A Worcester pref (leased)..
Old Colony (leased)__________ _
Pere Marquette common_____ "
do
do
preferred...............
Pittsfield A North Adams (leased)..
Providence A Worcester (leased)__
Rutland preferred...____________
Vermont A Massaehussets (leased)"
Worcester Nashua A Rochester...

Quarterly—Mch
Jan A July
Quarterly—Jan
Mch A Sept
Quarterly—Jan
Jan A July
May A Nov
Quarterly—Jan
Jan A July
Feb A Aug
April A Oct
Quarterly—Jan
Mch A Sept
Feb A Aug
Quarterly—Jan
May A Nov
May A Nov
Quarterly—Jan
Quarterly—Jan
Quarterly—Jan

I*
7

0

10

2
6

7

10
0

5
5

S*
6

10
0
0

8

8«
8
7
0
10
2
0
7
10
0
6
fi
2
0
10
0
6

8

7

7

‘ a"
8

"i"
5
10
3
0

Jan A July
Quarterly- -Mch

10

April A Oct
Jan A July

e

4

6H

6

1*
7
0
10
2
0
7
10
0
6
6

5O H*

10

e

0
8
7
2
4
5
10
1
0
4 Ha

i H
7

6
10
2
6
7
10
0
5

6

*2*
7
10
u
0 A H extra
8
7
1
4
s
10
...
0
5H

f*
7
fi
10
2
fi
7
10
0
fi
fi

s*

7
10
a
0
8
7
3W
4
fi
10
0
6K

8K
8

I*
7
0
10
4
0
7
10
6
fi

6
*0
5

7
10

i ) A ) 4 extra 0
fi
8
7

1‘
Sc y j

fi

extra

8
7

fi"
10
1)4
fi

fi
10
D4
fi

6H

BK

PHILADELPHIA.

Catawlssa (leased) preferred stocks..
Delaware A Bound Brook (leased)..
Elmira A Williamsport (leased)__
do
do
preferred............
Huntingdon A Broad Top______
do
do
preferred............
Lehigh Coal A N avigation...___
Lehigh Valley common_________
do
do
preferred............
Little Schuylkill Nav RRACoa (Bed)
Mlneblll A .Schuylkill Haven (leased)
New York Philadelphia A Norfolk..
North Pennsylvania (leased)...........
Northern Central...............................
Philadelphia Baltimore A Wash’t ’n.
Phlla Germantown A Norris (leased)
Philadelphia A Trenton (lensed)___
Pittsburgh Bess A L E com (leased).
do
do
preferred..............
United Cos of New Jersey (leased)...
West Jersey A Seashore.....................

May A Nov
Quarterly—Feb
May A Nov
Jan A July
A July
May A Nov
Jan A July
Jan A July
Jan A July
Jan A July
June A Dec
Quarterly—Feb
Jan A July
Juno A Dec
Quarterly—Mch
Quarterly—Jan
April A Oct
June A Dec
Quarterly—Jan
Mch A Sept

B

8

4.62
6.40

Jan

5
6

8
8
12 *
10

"a"
10

fi

s
8
4.50
0.30
...
6
6
...
...
6 )4
6)4
5

8

8
2
12
10
3
0
10
6

6
8
4.82
0 30

6

7
0
...
...
5
6)4
0
8
8

4
12
10
3
0
10
5

B
8
4.64
6,30
1
6
7
1
10
6

fi

6

4.52
0.35

4.48
0.30

8

6W
8
4
10
5U

fi
8
4.48
6.30

8

7)4

8

4
10
5

5)4
5M
6 A 2 extra i A 2 extra 10A25 stock
8
8
8
8
8
8
4
4
4
12
12
12
10
10
10
3
3
3
6
6
fi
10
10
10
8
fi
5)4

7
6
4 A 2 extra
10
fiU
6h

0

(f

8

A 12)4 stk
4
12
10
3
fi
10
6

BALTIMORE

Atlanta A Charlotte Air L (leased)..
Mch A Sept
Atlantic Coast Line C o m p a n y _____ Quarterly—Mch
Atlantic Coast Line R R common.. . .
Jan A July
do
do
preferred_______
May A Nov
deorgla Southern A Florida 1st pref. May A Nov
do
do
2d preferred____
May A Nov
'onboard Company 1st pref______ _
Semi-annual

7
5
8

4

...

7

8

5
6
0
4
...

7

8
8
6
6
4

...

7
0
5 A 26 sc (f)
6

5

4
...

7
10
6
fi
8
2)4

7
10
fi
5
6
fi
5

a In Jan. 1903 dividend reduced and floating debt paid ofT. b Increase due to change of dividend period, e The Jan. 1002 dividend of 2)4%
was declared payable on Dec. 30 1001 and Is therefore Included In 1001. d In March 1000 stockholders voted to Increase the common stock;
t > l h? '"crease to be used to retire the preferred stock and pay the accumulated dividends thereon, amounting April 1 1000 to 64%. a Paid
■•rivo In Jan. 1003. vis.: regular quarterly dividend of 1 M% and 3% ns "an advance payment of part of dividend for coming year.” h Also 2%
extra declared on both stocks, payment on guaranteed special stock being withheld awaiting legal decision, i Leased from July 1 1007 at 4%.
* rnro per cent paid In cash and 2% In dividend warrants. « Leased from April 1 1003 to Inferborough Rapid Transit Co., ami paid April 1 1003
from surplus earnings for the nine months to that date au extra dividend of 1%. < On Jan. 10 1006 paid 20% In common stock scrip ami 8% In
Atlantic Coast Line C o m p a n y certificates of Indebtedness, z First dividends on stocks of new company, y Leased from Oct. 1001 to C. B ..t Q.
tlicay at 7% per annum on stock, but lease abrogated In July 1007.

DIVIDENDS OF LEADING INDUSTRIAL STOCKS.
Name of Company.

Adams Express_______________
Allla-Chalmcrs preferred________
Amalgamated Copper__ ___ . . . . . .
American Agricultural Chem pref!"
American Beet Sugar preferred___
American Can preferred__________
American Car A Foundry common..
do
do
preferred_______
American Cement.................. .......
American Chicle common. Z"
American Chicle preferred .
American Cotton Oil co m m o n " " "
do
do
preferred_____ II
American Express________
American Hide A Leather preferred'
American fee Securities... .
American Light A Traction common

D iv id en d P e r i o d ) .

June A Dec
Quarterly—Feb
Quarterly—Feb
April A Oct
Quarterly—Jon
Quarterly—Jan
Quarterly—Jail
Quarterly—Jan
Jan A July
Monthly.
Quarterly—Jan
Annual—Dec
June A Dec
Quarterly—Jan
Quarterly—Feb
Quarterly—Jan
Quarterly—Feb
Preferred.................................
Quarterly—Feb
American Locomotive common.I . " Quarterly—Feb
do
do
preferred___ Quarterly—Jan
''SBerican Radiator common............ Quarterly—Mch
Preferred________ ______ ______
Quarterly—Feb
Amer Smelters Securities preferred A Quarterly—Mch
Preferred "B," guaranteed .......... Quarterly—Mch




1003.
1001.
1004.
1007.
1002.
1005.
1006.
4 A 4 extra 4 A 4 extra 4 A 6 extra 4 A 6 extra 4 Jco extra 4 A 6 extra 4A0 extra u>
7
3H
7
1><
2
<5A l Vi extra
2
6 A 1 extra 0 A 1 extra
4)4
2)4
0
6
0
fi
0
0
6
6
6
6
0
f
i
e
0
(Incor. Mar ch 19 1001.)
5
fi
2)4
6
6
4
2
i
3
2
7
7
7
7
7
7
6 2-3 (V)
6 A 2 extra 0 A 2 extra 0 A 2 extra 6 A 2 extra
0 A 2 extra
6
f
i
12
8
12
1 2 A 4 extra 12 Sc fi extra
11
12
6
6
6
6
a
n
fi
4
2
3
2
4
i
6
6
6
rt
fi
f
i
«
6 A 1 extra 6 A 2 extra 6 A 2 extra 6 A 2 extra 6 A 2 extra « ft 6 extrs
12
Organized In 1 8 0 0
...
3
Incorporate <1 March 20 1006.
...
BH
Inconmrate d May 13 10 01
4)4
6)4
3)4
I0 *
fi
1)4
0
0
0
a
...
...
fi
2)4
7
7
7
7
7
7
r
1
Incorporate d Feb 10180 )
4
4
4 A 2 extra
7
7
7
7
7
7
Incorpor. M arch 31 1005
0
4
0
•••
...
6
5
•••

J a n ., i ! ) 08 .|

D IV ID E N D S ON
Nam« of Company.

American Smelting A Refining com.
American Steel Foundries preferred.
American Sugar Rcflnlng common..
American Telephone A Telegraph—
American Tobacco common----------do
do
preferred----------American Type Founders common..
Preferred....... ...................- ............ —
American Woolen preferred----------Anaconda Copper Mining...................
Associated Merchants common.........
Barney A Smith Car common ...........
Do
Do
p re ferred .. . .
Bethlehem Steel Corp preferred ___
Borden’s Condensed Milk common .
Calumet A Ilccla Mining .......... ........
Cambria Steel................................
Central Leather preferred....................
Central A South American Telegraph
Chicago Pneumatic Tool......... ............
Clallln (H 11) common_____ _______
First preferred........... .......
Second preferred..............................
Consolidated Gas of New York.........
Consolidation Coal................................
Corn Products Refining preferred.. .
Distillers’ Securities Corporation-----Kdtson Klectric Illuminating Boston
Electric Storage Battery com mon.. .
Do
Do
preferred .
Federal Mining A Smelting, common
Do
Do

International Steam Pump common.
Kings County Elect Light A Power.

National Enamel 4 Stamping co m ..
National Fireproofing preferred___
do

do

II

RAILWAY AND INDUSTRIAL SECTION

nreferred...............

New fengUnd Telephone A Teleg’ph.
New York Air B ra k e ..........................
New York Dock.....................................

People's Gas-Light te Coke (Chicago)
P Lorillard preferred................. ..........

Republic Iron A Steel preferred.........
Royal Baking Powder common.........
Do
Do
preferred___
Sloss-ShcfTleld Steel A Iron common

Union Typewriter com m on .............

United Shoe Machinery common----U S Cast Iron Pipe'A Fdy common . .
Do
l)o
preferred..
United States Rubber 1st preferred .
do
do
lid preferred.........
United States Steel Corporation com
Vlrglnla-Carollna Chemical common.

Wcstlnghouso Elec £ M'fg preferred.
do
do
assenting stock . .

Dividend Periods.

Quarterly—Jan
Quarterly—Jan
Quarterly—Jan
Quarterly—Jan
Quarterly— Feb
Quarterly—Jan
Part tJ-J.pnrt J - J
Quarterly—Jan
Jan A Ju lv
Quarterly—Mch
Quarterly—Jan
Quarterly—Jan
Quarterly—Jan
Quarterly—Jan
Quarterly—Jan
Quarterly— Mch
Quarterly—Jan
Quarterly—Jan
Quarterly— Mch
Quarterly— Moll
Quarterly— Feb
Veb A Aug
Quarterly— Mch
Quarterly— Mch
Quarterly— Mch
Feb A Aug
Quarterly—Jan
Quarterly—Jan
Quarterly—Jan
Quarterly—Jan
Quarterly— Feb
Quarterly—Feb
Quarterly—Mcb
Quarterly—Jan
Quarterly—Jnn
Quarterly—Mch
Quarterly—Mch
Quarterly— Ian
Quarterly— Feb
Annual—Dec
Quarterly— .Ian
Quarterly— Jan
Quarterly— Jail
Quarterly— Mch
Quarterly— Mch

L E A D IN G
1901

IN D U S T R IA L S T O C K S.— C on clu d ed .
1002.

~Y
*7*
(Incor. Mar cb 13 1900)
0
0
(Inc.June 20 19 0 2 ) 14
7
7
7
0 A l)<extra 6 A 1 4 c x tr a
6
6
j(Consolldat Ion in '0* of
and Con
4 A 6 scrip
(Issued April 10 1002) 3 4
7
7
4
10 A 3 extra
(Incor. April 1 9 0 1 ) 1 4
(5% per ann urn on lnsta
(0% per ann um on lnsta
8
Incorporate
(Incorporat.
S
ISO
(Incorpo
6
(Incor. Dec
8
6
fi
8
Conaolidatio
7
10
flnror. Sept
0 4 A 1 extra
34
9Ji6
*4*

1903.

1004.
6
7
10
6
24
7

1905.

*7'
10
10
0
0
0
7
7
7
7
6 A 1 Hextra 0 A lM cxtra 6 A 14 e x t r a
fi
5
G
American C ontineotal
llOAlOextra
s. cos.)
l
6
4 A 3 scrip
4
4
7
7
7
7
7
7
4
4
8
7
7AH extra 7 A IK e x tra
G
llments) 5
5 A 4 extra
6
llmcnts) 0
a A H extra

7
7
10

6
...

7
7
6 4 A 14 e x t
G
1 0 4 1 2 4 ext
6
4
7
7
19 4
7 A 2 extra
5 A 1 extra
6 A l extra
...
2
8
S
8
8
8A36comstk
d Dec 10 10 04
3K
7
8 A 1 Mextra 8 A 2 extra 8 A 2 extra S A 2 extra
1800)8
6
0
0
0
0
8
8
3
84
Q4
100
ICO
160 A 40 ext
2S0
140
3
3
3
3
3
7
rated April 12 1905)
DI
6
0
6
6
6
4
3
28 19 0 1)6
74
4
8
8
8
8
8
5
5
5
5
6
fi
0
0
6
0
5
8
8
84
84
2
2 A 2 extra 2 A 2 extra
10 4
_
n Ip 1900
...
7
1
fi
10
10
10
10
10
4
4
4
18 1902.)
44
10
10
10
10
10
5

G

...
‘ i*

2

5

6

8
5
G
44
7

1907.

1906.

74
10 4
0

...

7
7
8
G
10 A lGcxtro
6
4

7 A
5 A
6A
8 A

7
7
26
2 extra
1 extra
1 extra
4
8
4
2 extra
fi

260
3
7
6 A 25 stock
4
8
G
0
4
6A 2 extra
7«
III

54
10 A 1 extra
2
2
8
8
8
5
5
5
G
5
G
0 A 4 extra 8 A 1 1 extra 0 A 8 4 extra
7
7
7
4

4

6
0
0
G
6
a
Quarterly— Jan
0
8
8
0
8(e)
8
8
8
Quarterly — Jan
6
0
0
0
6
0
Quarterly— Jau
0
4
1
Quarterly— Mch Incorporate d August 10 01
4
4
4
4
5 4 A lextra
4 t
Quarterly— Jan
4
4
2
1
Quarterly— Jan
34
6
Quarterly—Feb
0
0
0
6
0
0
8
0
8
6
8
Quarterly— Mch
8
74
4
fi
4
6
Quarterly— Mch
6
5
4
5
June A Dec
6
6
5
5
6
5
4
3
Quarterly— Jan
2
4
4
3
4
Quarterly— Jan
Quarterly— Mch 10A 3H CXt 10 A 6 extra 10 A 5 extra 10 A 5 extra 10 A G extra 10 A 5 extra 10 A 5 extra
10
10
10
10
10 A GO stk
10
Quarterly—Jan
10
4
4
4
4
4
4 A 1 extra I K A 1 extra
Quarterly—Jan
7
7
7
7
7
7
7
Quarterly— Feb
4
4
Quarterly—Jan (Incorj^.Jan. 1899.) 4
■4
7
7
7
7
7
7
Quarterly— Jan
8 A 1 extra
1
Quarterly—Jan
7
7
7
54
1
2
4 >4
Quarterly— Jan
7
7
7
7
7
7
Quarterly— Mcb
7
0
fi
0
G
G
G
Quarterly— Jan
0
G
0
6
6
6
Quarterly— Feb
e
0
8
8
8
8
8
8
Quarterly— Jan
8
o
4
i
2
April A Oet
34
2 A 4 extra
4
5
5
6
Quarterly — Mch
3 4
o
3
2
2
2
April A Oct
0
0
G
G
6
6
«
Quarterly— Jan
7
7
7
7
7
7
May A Nov
34
6
0
Quarterly— Feb
6
6
6
0
0
7
7 (e)
Quarterly—Jan
7
7
Quarterly—Jan
8
8
(T)
8
8
i!H
8
4
Quarterly—Feb
4
3
l A 1 extra
7
Quarterly—Feb
7
7
7
7
7
7
12
12
12
12
Quarterly—Feb
12
12 A 1 J27cxt 12 A 26 ext
8
Quarterly—Jan
8
8
8
8
8
8
8
8
8
18
8
Quarle.rly— Feb
8
8
4
4
4
April A Oct (Incorp. Feb 25 '02.)
2
7
Quarterly—Mch
7
7
7
6K
7
7 A 7 H x ext. 84& 0X ext.
Quarterly—Jan
7
7
i«
10
8
8
S A 2 special
Quarterly— Mch
8
8
8
6
0
0
G
0
0
Quarterly— Mch
6
1
1
3
7
7
7
7
7
Quarterly— Mch
7
7
5 8-33f
6
Quarterly — Mch
6 A 33 4 com
7
7
7
Quarterly— Jau
7
7
7
7
2
:i
Incorpor ated Oct 31 1000 1
2
2
April A Oct
40
4.0
48
44
40
40
Quarterly— Mch
30
7(a)
7
7
7
7
7
Quarterly— Jan
6H (a)
7
7
4
7
7
7
Quarterly— Jan
OK
2
2
2
2
2
2
2
Quarterly— Jan
6
fi
6
6
6
G
April A Oct
7
7
7
7
7
7
April A Oct
8
8
8
8
8
8 A 8 extra
8
April A Oct
4 A ^ e x tra 6 A 2 extra G A K extra
Quarterly— Jan
Incorporate d April 28 1002
0
0
0
3
May A Nov
3
74
8
7
0 A 1 extra 0 A 1 extra
7
7
Quarterly— Jan
8
4
s
8
8
8
S
Quarterly— Jan
8
SA25com.st.
Quarterly—Jan
8
8
8
8
8
G
fi
G
0
0
0
0
Quarterly—Jan
4
1
4
Quarterly—Mch
7
8
4
4
4
7
4H
Quarterly— Mch
5
4
4
4
4
4
May A Nov
3W
8
6 A 1 4 extra
s
Quarterly—Jan
«4
6
0
Quarterly—Jan
14
2
4
2
4
. . .
14
Quarterly—Mch
7
7
7
7
7
7
Quarterly— Feb
3K
4
4 «
Quarterly—Mch
24
8
S
8
8
8
8
8
Quarterly—Jan
10
0 A 3 extra 6 A 2 extra 0 A 2 extra 6 A 2 extra 8 A 1 extra
6
Jan A Ju ly
2
2
2
2
2
2
2
Annual—Sept
6
5
A
5
5
G
6
Quarterly—Jan
10
10
10
Quarterly—Jan
7
10
7
10
10
10
7
10
Quarterly— Jail
64

1

In) Fluctuation1) In M l U am ounts due to variation <111 dotes nt paym ent. (t>)Slx per cent 61 this On MC0U1II Ol accum ulated di 'Id. mi-', i.-w >
this 1 H % Is payable In 8 % Interest-bearing dividend scrip. (e)Also 60 2 - 3 % In stock paid July 15 1902 . (f)A lso paid In Jan 1903 2 1 ) 1 % in scrlP
for unpaid dividends to that date. (A) 1 M % o f this la dividend for Jan 1008 anticipated and paid in Dec 1907 . ( 0 Increase due to change I
dividend period. (* ) Also 3 6 % stock dividend paid In N ov 1900. (» ) Decrease due to change In dividend period, (to) A n extra dividend of 2 0 0 %
payable In collateral trust bonds was declared In June 1007 . (x) O n account of accumulated dividends; balance o f accum ulations paid in 1907 .
( « ) T w o per cent o f this on account o f accrued dividend




RAILROAD COMPANIES.
FOR M ISCELLANEOUS COMPANIES SEE PAGES 151 TO 177, IN C L U S IV E .
E X P L A N A I O il) . — This Supplement Is expressly Intended for u.se In connection with the Investment news And official reports published from week to
week In the ’ <.•lironlole."
Frequent reference Is therefore made to the volume and page of the "C h ron icle" (as V . 7 4 . p. 000) where fuller Information
m ay bo found,
follow ing also each statement Is given a reference to the latest news Item In the "C h ron icle" respecting the com pany, As every
«ucl» Item contain .i u*r«’r< nee to the last preceding Item, the reader a m run hack over the com pany's history at pleasure. Annual reports arc In
black-faced figures, and Halles Indicate a paragraph headed by the name of som e other com pany.
Index. - -Any com pany not In regular alphabetical order may be found by means of the Index, on another page, to roads leased and consolidated.
DieidendS.- 1 ho dlcldem/s tabulated In the text are those actually paid during the calendar years nam ed, Irrespective of when earned.
Net earnings'Arts given after deducting operating expenses and usually taxes, but not Interest, rentals or other fixed charges.
secu rities.- ■l bese are described In table at head of page (except the stock, for lack of space, som etim es only In text below) as follows:
A il/e s of Road. Opposite bonds, this means the mile’s o f road owned covered by the mortgage.
&i£v
Shows (In dollars unless otherwise m arked), the denominations or par value, " 1 0 0 , A c .,’ * signifying 5100 and larger.
Itiite Per Cent. I he Interest and dividend rate per annum In here shown: g , gold: cur, currency; x , extra: s . stock or scrip.
H / wm / ayanle. .1 * .1 stands for January and July; F A A . February and August; M A S, March and September; A A O , April and October; M A N
May and Novem ber; J A U . Juno and December; Q -J, quarterly from January; Q -F , quarterly from February; Q -M . quarterly from March.
B ow /.t, Principal When D ue, E tc.— This column shows the date when the bonds mature and the amount and date of the lust dividend.
Ahhrevlattonxi In table; M for "m o r tg a g e "; gen M for "general m ortgag e"; con M or consol M for "consolidated m ortgage"; Inc M for "In com e m ortgag e";
g lor gold ; e or cur for "cu rren cy*; guar p A I for "guaranteed principal and Interest"; cum for "c u m u la tiv e "; non-cum for "n o n -cu m u la tlv o ";
conv tor convertible Into stock at holders’ o p tio n "; pref for "p referre d "; s f for "sinking fu n d "; I gr fo r’ 'land grant” ; r "fu lly registered (no c o u p on s";
c coupon ; o
coupon, but m ay be registered as to principal” ; br "b r a n c h ": end "e n d o rs e d ": red. "red ee m a b le"; dr’ u or drawn, "su b ject to call
when drawn by lot ; p m , "p e r m ile "; aa <1, "a s s u m e d "; x , "paya ble without deduction for anx t a x ."
M orm on Trustees and Stock Transfer Agents <TR Treasurer’s Office) arc Indicated thus:
’
N E W Y O R K C IT Y —
It - Howling Green Trust
Itn -Hankers* Trust
Cc — Central Trust
Eil — Equitable Trust
F — Farmers’ Loan A Trust
G — Guaranty Trust
K — Knickerbocker Trust
Ma— Manhattan Trust
M e— Mercantile Trust
M o— Morton Trust
Mp— Metropolitan Trust
N — Now York Trust
S — Standard Trust

N
Ta
l/n
Us
Usm

Y C IT Y — {Concluded)
— Trust Co of America
— Union Trust
— United State® Trust
— U S Mort A Trust Co

C H IC A G O —
AC — Am cr Trust A SttV Bk
EC — Equitable Trust
FC — First T r A Sav Bk
IC — Illinois Trust A Sav Hk
MC — Merchants’ Loan A Tr
B A L T IM O R E
NC — Northern Trust
RC ■— Royal Trust
RBa — Balt T r A Guaranty
UC — Union Trust
C olia — Continental Trust
W C — 'W estern Trust
FBa — Fidelity A Deposit
.L O U I S V I L L E
MBn — Maryland Trust
R C L — Columbia Finance A Tr
Me Ha - Mercantile Tr A Den FI. Fidelity T r A Safety V
SBa — Safe Dep A Trust Co LL — Louisville Trust

BOSTON—
A lt — American Trust
BU — Dos too Safe Dep A Tr
IB — International Trust
NB — New England Trust
OB — Old Colony Trust
SB — State Trust
ST L O U IS —
M St— Mississippi V alley Tr
SSt — St Louis union Trust
SAN FR ANCISCO —
C S — California Safe Deposit
A Trust

P H IL A D E L P H IA FP — Fidelity Trust
<iP — Girard Trust
OuP— Guaranty Tr A S Dep
PI P — Provident Life A T r
PcP — Penn Co for Insur on
Lives A Gr Ann
W P — W est End T r A S D
PIT T S B U R G H —
CPI — Colonial Trust Co.
FPi -F id e lity Title A Trust
PPi — Pittsburgh Trust
UPI — Union Trust

Subscribers will confer a favor by giving Immediate notice of nny error discovered In these tables

R A IL R O A D S
F or explanation of column hcadinys. A c ., see notes
on first pace of tables

Aberdeen A Tombigbee Val— 1st M 3 7 0 0 $ 0 0 g .x c * A r
Akron & Barberton Belt— 1st M ft f (text) g .U s m .^ c A r
Alabam a Great Southern— Ordinary stock..................
Prof stock 0 % 54.ooo,0()()................................................
1st M (American Co) g 51.750,000 ext In 1 0 0 8 . . F.e
General in tire C l , 10 0 .0 0 0 ...................... - ....................Cc.c
Car trust 55o,ooo due semi aim g o ld ---------- ----------- N
Do
74,000 due seml-au gold (V 82 p 8 6 7 )Alabama Midland— See Atlantic Coast Line H R . -------Ala N O Tex A P a cJ — "A** deb redeem 1910 at 1 1 5 ..c
” B " debentures Income redeem aftor 1010 at 116. .c
O' debentures Income subj to call any time at 100
Alabama Tennessee A Northern — 1st M gold ( t c x t ) .K
Alabam a A Vicksburg— Stock 5 1 .0 5 0 .0 0 0 .........................
Vicksburg A Meridian 1st. M gold 5 1 ,0 0 0 .0 0 0 -F .x c *
Alabam a A Vicksburg con 1st M 51.800,000 g . -C c.c
2d M orlg 5700.000 g (1st M on 15,012 a c r e s ).-Cc.c
Alaska Central— First m tge 5 30,000 ,000 g o l d ------ VVC
Albany A Northern— 1st M gold (560,000 arc pref) c
Albany A Su sq— Stock dividends guar by D A H (end)
1 st M 510.000 ,000 g g u p A I c o n v (tex t). U sm .c+A r
Albany A Vermont— Block 3 % guaranteed by rental.
Allegheny A W estern— Stock (5 3 ,6 0 0 ,0 0 0 )......................
First M 52,5 0 0 ,0 0 0 gold guar p A I (en d ).......... (Lfl*
Allegheny Valley— First M guaranteed by Penn R R .c
Mortgage to State of Pa 5100.000 due Jan I yearly.r
Oon M ( 5 2 0 ,0 0 0 ,000 ) gold guar p A 1
. PPJ.xc*Ar
Allentown Terminal— 1st M g u a rp A I (end) g Cc.xc*

M iles Date S ite, or
of
Par
of
Hoad Ronds
Value
1007
1002

300

1878
1888
1005

1000
1 80 0

20
143
143
143
143
30
35
142

12

1800
1800

1000
1881
1880
1880
1005
1800
1008

00

00

202
183
202
3

1808
1800
1800
1802
1880

Rate
4/

When
Payable

500 Ac* See text
J
5g
51,000 $1,052,000
4 IC J
7,830,000
60
3.380.350 6 In 11107 F
30
1.000
l .730.000 5 (0) g
J
£100
£710,000
6 g
J
5750.000
1,000
4 'i g F
1,000
1.257,000
4 If g M
£748.850
£50 Ac
5 g
£20 Ac £| .048.390
6 g
£810.633
£20 Ac
5 g
1 ,000
5208.000
. 6 g
1 .030,000,7 111 1907
100
1 ,0 0 0 .0 0 0
1 .0 0 0
6 K
588.800
tOO Ac
6g
404,000
1 0 0 ftc
•-•g
3..300.000
1 ,000
AK
400.000
1 .000
6 g
3,500,000
9
100
1.000 Ac See* text
8« g
0 0 0 .0 0 0
3
ion
3,200.000
10 0
6 g
2,000.000
1.000
t g
9.998.000
7
5 A £
1 0 0 .0 0 0
100.000
6
7,350,000
1.000
4 g
450.000
1.000
4 e

A B ER D EE N A TOM B IO B EE V A L L E Y R R .— Under construction Doo.
1007 from Aberdeen. M iss., to Columbus. 30 miles.
Projected to extend
between Ok dona, Aberdeen and Colum bus. M iss., and Plekensvllle, Ala
Nam e obangod In S e p t. 1007 from Columbus Memphis A Pensacola U R .
Stack authorised, 5 5 0 ,0 0 0 .
In Doo. 1007 filed a mortgage to ri.e Central
Trust Co. o f Illinois us trustee to secure 5760.000 o f 30 year 5 % bonds
V . 8 3 , p. 1578; V . 8 8 , p. 187.
Pres.. II. E. Reynolds; S e c .,0 . B. Hopkins.
O ffice, Aberdeen. M U s.— (V . 8 3 , p. 1370; V . 8 8 . p . 1 0 7 .)
A D IR O N D A C K R Y .— In 1002 merged with the Delaware A Hudson.
AK R O N A B AR B E R T O N B ELT R R .— Owns a belt line ground Barber­
ton. o
and also extends to Fnlnawn and Akron, O .; total. 40.2 miles. A
consolidation In May 1902; V . 7 4 , p. 1088. Stock, 5100,000, owned equally
by tho Cleveland Akron A Columbus. Balt. A Ohio, Erie R R . and Northern
Ohio R y . Bonds authorized. 5 1.500,000: Issued. S l.lo o .o o u , «r which
548,000 redeemed by sinking fund; 5400,000 reserved for future require­
m ents. Drawn ae 105 yearly Dec. I for sinking fund of 5 11,330 per annum .
V . 73. p. 4 40.— (V . 7 8 . p. 2598.)
, A L A B A M A G R E A T SO U TH ERN R f c — (See M ap Southern ltd- ) — Owns
W auhatchlo. T c n n ., to Meridian, M iss.. 2 » l miles,* leases Wnuhatehie to
Chattanooga, 5 u U M , and Belt R y . of Chattanooga, 45 miles; trackage to
Uloctnn. A la .. 8 m ., and Gadsden, A la .. 8 in .; total oper,. 334 miles,
O R G A N I Z A T I O N .—•Controlled by Southern R y ., but operated liulc
prudently.
In 1903 -<)6 the dual existence of the enterprise was ended, the
American corporation (Ala. Great South. R R .) surceeillng the English cor­
poration (A la. Great South., Ltd.) as the parent corporation, the amount o f
outstanding stock remaining unchanged per plan In V . 81, p. 1732; V . 82
t>. 139. Owns 5833,300 stock o f Southwestern Construction Co. received
In exchange for 5833,300 Cincinnati New Orleans A Texas Pacific, stock.
See V . 65. p. 1173.
D IV ID E N D S —
'0 1 , '02. '03. *04. *05. *08. *07.
Pref. stock ( " A " shares old English 80 . ) . - 9
9
10
9
8
0
0
B O N D S .— O en. ratge. Os. £ 4 8 4 ,0 0 0 , will retire first 0s and debentures.
The funded arrears o f pref. dividend** were In Feb. IflOfl exchanged for an
equivalent am ount (5390,-184) of 4 % obligations payable by sinking fund
1 0 % soml-annually till a u a r e redeemed Feb. 1 u iti and unconditionally
guaranteed by the Southern R y. (V . 8 1 , d . 1722; V . 5 2 . p, 139.) The 3 1 .
•3 0.000 first 6 s were extended from Jan# 1 1908 to Dee. I 111*7 m f t ;'
V . 8 .1 , D. 1440, 1845.
L A T E S T E A R N IN G S .—>11007..
. . 0 # 1 , 7 1 2 . 5 8 4 ; net. J102.011
S m m ,, July 1 to N ov. in .
Gross, 1.617,477: net, 319,261
A N N U A L R E P O R T .— Report for y e w ending Juno in 1007 In V . 85.
ii. m ill, showed: d m * ,, 1 1 .in s , 17*; not, 4781.024; other Income. 451.018:
lilt, on InimU, 4 -n o .112; Income tax,
4101,711; bill, for Moult, 4411 877:
dividend. <#% >, 4 2 0 2 , 8 2 1 . In lo O IO I. grass.
Ifm ss. 41.774 .0 2 0 : net. 47I2.754
- ( V . 8 1 , p. m s : V 8 4 , p. SO. 1051: V . 8 1 . p. 1082, 1330. 1400, 1045.)

ALABAMA NEW ORLEANS TEXA S ft PACIFIC JUNCTION RAIL­
W AY? LO. (LIMITED) — This l.s an English company controlling Alabama
A Vicksburg, 113 miles; Vicksburg Shreveport A Pacific, 189 miles; New
Orleans A North Eastern, 190 miles.
S T O C K .— Pref. A 0 % cu m .. 51.3O0.OO0: def. B . 5 2.500.000; par. £ 1 0
S E C U R IT IE S O W N E D — Alabama A Vicksburg. 53O.000 lit m tge.
5380,000 2d m tge,, 5141.100 consol. 1st m tge. autl 5581,500 stock; V|rksbuig Shreveport A Pacific. 51.3 1 3 .0 0 0 gen. m tge.. $ 2 .0 8 0 ,loo pref. and
52.773,500 com . slock; New Orleans A North Eastern. 5 3 .ll6 .o o n gen.
m tge., 51.500,000 Incomes and 5 6 ,320,000 Stock: Southwestern Omiitructlon C o., 5443,700 stock; Railroad Lands C o., 5108.850 (of 5120,000) stock.




IN TE RE ST OR D IV ID E N D S
Am ount
ou t standing

M
M
A
A

A
A
A

A
A
A
A
A

Where Payable, and by
Whom

Bonds— Princi­
pal, When D ue
S tocks—Last
Dividend

D Ool Tr ft Sav B ank. Ohio Jan 1 1038
D U S Mtge A T r C o. N Y Juno 1 1042
Dec 1801
London
A
Aug 3 1 ’ 07 3 %
J Farm 1. ft T r. N Y ; &Ros Doc 1 1027
I) G lyn, M ills, 0 A C o. Load Dec 1 1027
A Blair A Co, N Y
T o Feb 1015
N
May '08-M n y’ IO
New York
N G lyn. Mills, 0 ft Cn. Loud
N
O
O K nickerbocker T r C o.N Y

N ov 1 1010 40
N ov l 1010*40
N ov l 1040
Oct 1 1050
Yearly Central Trust C o, N Y
Aug 31 1007 7 %
A A O
Apr l 1021
A A O
A p r l 1021
A A O
do
do
Apr 1 1021
A A () Chicago and New York
Apr 1 1035
•I A
J Ilambl<-ton A C o, Malt
Jan 1 10 10
.1 A J
Jati 1 1008 4 t t
A A 0
do
do
Apr 1 1040
M A N T ro y , N V
N ov 15 1007 1 M
J
A
.1
.Inn I 1008 3 %
A A <>
OCt 1 1008
A A n Penn R R Co. Phil; A Lon Apr 1 1010
.1 A J Treasurer. Philadelphia Jnn l 1000 etc
\f A
Meh l 1042
S Penn R R C o. Phi la
J
A .1 New York and Phlln
July 1 lo io

A

A
A

C O U PO N P A I D .— F o r . . .
*04. ’93. *06. '98. *99. ’ 00. *01.
'02 t o ’06.
" A " Debenture.............
3
3
3
3
5
5
5
5 % yearly
"II "
do
.......... .. .............
.873 I
2 H 2R 4 ', 6
5
3 % yearly
"C "
do
...........................
.
t *.
2M 3
yearly
EARNINGS. See separate statement for each of tin- controlled c o m ­
panies. In year ending Drc. 31 1 9 0 6 ,unt from InvrxtincnLi wan 5172,688;
paid general expenses U’3.366>. Income tax (£ 8 .6 0 1 ), Interest on " A "
debentures (£ 3 5 .5 7 0 ). on " H " debentures 3
paid In Jan. 1907 (£ 4 9 ,7 9 8 ),
on " 0
debentures. 6 % (£ 3 8 ,3 0 6 ), balance, £ 3 6 .6 4 6 .
(V . 8 1 . p. 1314.)
ALAB AM A TEN NESSEE & NORTH ERN R R .— Owns from Reform . A l a .,
on the Mobile A Ohio southerly to Allot vine, 21 miles, with southerly exten­
sion of 24 miles under construction In (let.. 1907, o f which 6 in. completed.
Successor to Carrollton Short Line R y. Stock authorized. 510.000 per mile,
o f the bond* (51.500.000 authorized Issue). 5208.000 were Issued against
the first 26 miles. 540.000 ate h .liable to build a steel bridge, 5992.000 at
the rate of 58.000 per mile for additional mileage, but only when the net
earnings on completed mileage for the previous fiscal year are equivalent to
Interest on the bonds to be huicd In addition to bonds outstanding and
5260.000 for equipment on the basis o f 10-1 1 of cost of equipment. V . 8 3 ,
p. 1030,
For 12 mouths ending June 30 1907, gross. 545.870; net. 5 2 3 .8 3 3 .
For year ending June 30 1906. gross. 541.113: not. 522.240,
In 1904 0 5 ,
gross. 538,318; net. 5 19.491 .— (V . 83. p. U>36.)

ALABAMA A VICKSBURG RY. Owns Vicksburg to Meridian, M in .,
and branch, 141 mile*, all steel rails. Controlled by Alabama Now Orleans
Texas ft Pad Ho Junction C o ,, which sac
Reorganisation of tho Vicksburg
A McMillan foredated Fell. 4 18811 (urn V. 18. p. 100).
DIVIDENDS.— 1800 to 1 8 0 2 . 1 % yearly: 1 8 0 8 . 1 % : 1807 tii 1 8 0 i>. 6 % ;
limn to 1U02. 1 % yearly: 1001. 0 % ; 10u4 to 1007, 7 % yearly. Stool, dlvl
dent! Of 1 0 % In 1000.
RONDS.—Of the 41.800,000 commit! authorized. 41,000,11011 am w ith
trainee to retire Vlckabuig ft Meridian IIrata.
E A R N IN O S .— Fiscal year en d, Juno SO. For 1 ‘ i montlUl ending Deo. 7
1007 ifroSI. 4708,727. against. 4011,000 In 11100. Report. V . 8 1 . p . 1104.
) •curs—
finis,
,\vi.
InUrrtl. ftc. /Ini., Hit.
Dlrhfsnd.
1000-1007
.
.4 1 .5 7 7 ,0 1 3 43311.181
4108.077 4171.101
(71471.10!,
IU 01-I00D .. . . . |,480,247
.102.218 -1 1 0 .7 7 4
112.441
(7) 73,100
• Include* 482.810 fur new freight ear* In IUD0 0 7 . against 403.4117 In lim i0 0 ,— IV. 84. p. 1301, 1487: V . 8 5 . |). 158. 721, 1394.)
A L A S K A C E N T R A L R Y .— tone M o p .)— Uulldhur from Seward, on anuth
coast o f Alaska. north to near Fair hanks, on Tunnim River, 450 miles, o f
this. 11 miles from Seward north wore In operation July ! 1006, mid in mile*
additional under eoiianruetlon, contract having
let for llrst 185 m ile,:
VP I4u8.
Ilraneh l.s proposed from E n lk. about 110 miles from
Beward . ast to Manatuska. 40 miles. V . 8 4 , p. I U 2 . Annual report at
length was la V , 83, p . 7 5 0 ,
Stock au lh ortm l. pref.. 8 % non c u m .. 4 2.500,000; co m .. 427.800,000:
outstanding. pref.. 41,013.450: co m ., 48.7 5 0 ,nno; par of shares. 5 1 0 0 .
Slock Is llmllrd to 415,000 per mile.
Ronds (410.000.000 authorised) nro
Issuable at 411.000 per mile » f main mill 5 2 1 ,0 0 0 of 2 d track, with additional
bond-, for leni,Inals, tunnels, bridges, &e. O f tbe bonds mol stock, 48,100 000»a t bare Issuable Oil the llrst i s } miles. S e o V . s l . p . 1844;. V . S-J..j.U
.p .uOoBi .
Pres., A . t:. Frost. Chicago; V. P ... 1 1 . C.
See..
. Osborne.
,
. TToronto:
oron to: S
e c ., James
A . Ilalghl. Seattle: Asst, Bei
Pierre t !. Reach. Chicago; Trcas., a L.
Francis, Toronto
Trustees: Albert C. Frost, Chicago; Henry C. Oshorno and Owyn L
Fronds. Toronto: Cenrge A
tsll, Muiiclo; Oeorgo Turner, Spokane; F .

I v lA l* O F

Governmj

ALASKA CENTRAL RAILWAY

'Atlaimte-

SHOWING

LINE UNDER CONSTRUCTION
AND

PROPOSED FUTURE EXTENSION.
M IL Ed

X aataf , ?.

FA IR BA XK S-E1

450

LEGEND

Copper

Gold

R AILW AY STOCKS AND BONDS

ARCTIC

Coal

0/

C trc K j5 »> ^ $ 6
----------- &>.C'e \

Taman
'

p. i b e \ N

Line under construction

R'

Proposed future extension

r

BROAD PASS--E1.-2300
300
An vile

ttJTo*/*./#*

fu

K osereJa ld

Ipuial

COAL

tm

- .. c
V a ld e z \ S

Tyoonok
I-C tnrt _
N ik lik a k rTi/r ii

< ' ! Kcn>>> l o ,

900

Homer'
QuiiietuULa

El. 495

B ristol
B o !/

i

tharU

J

a n ., 1008.]

\ Sou/




S E W A R D -/

EL-17.0 £

14

RAILWAY STOCKS AND BONDS.
IN T E R E S T OR D IV ID E N D S

R A IL R O A D S
F or explanation of column headings, A c ., tec notes
on first pace of tables
Alton Jacksonville ft Peoria R y— 1st M < 800,000 gold
Ann Arbor— PI rat m tge <7,000,000 g old .......... M p.xc*
Arkansas Louisiana & Gulf — 1st M <0 ,000,000 gold.
Arkansas()kln A W est
1M- M <1.2 30.0 00 g (text) Usm
Ashland Coal & Iron— Stock.......................- .........................
First refunding mortgage <400,000 gold — . . . . . . N
Astoria & Columbia— First mtge 3 8 ,0 0 0 ,0 0 0 -------- .C «
Atchison & Pastern Bridge— 1st M g s f red (te x t).-C c
Atch Top A Santa Fc R y— Stock, com < 2 5 0 ,0 0 0 ,0 0 0 ..
Stock pref <131.480 ,000 5 % non-cuni...........................
Chicago A St Louis 1st M (<10,000 p m ) cur------ F.c
Chicago Santa Fe A California lat M gold. . BB
"
A di Inc M cumulative from July 1
stamped payable M A N ..........
do do
' Interest
‘ '
Baa tern Oklahoma Dlv 1st M < 1 0 ,000,000 g _ Q .c * A r

DUIlUd v w v ,y v ",v "*' tu n y i.uiii out 11.'* yiv

" hi

Hutchinson A So 1st M g red 105 begin 1008- -OB.C+

Prescott A Eastern first mtge p A
Atlanta Birm & A tl— lot M <30.000.0
Atlantic A Birm 1st M red 110 bet
Atlanta & C h a rlo tte -S to c k (see text)
Income bonds (not cum) ext In 1000 and t0 0 7 .
Atlanta & W est Point— S t o c k -........ ................ ............
Debenture certificates............... .................. - - - - - Atlantic City— First Mtge <2,2 00,0 00 gO ld .-O u P
Atlantic City purchase money real estate m tg e.
Sea Coast prior lieu m ortgage gold------ . . . . . . .
Atlantic City 1st eons M 3 4.600.000 g p A I gu-

|V O L . L X X X V I .

A, Ik 5

of
Road

of
Bonds

_

1905
185)5
1907
1907

22
81

1000
1896
1808

292

142
440
8.283
8.283
8.283
300

141
372
198
28 li
337

1883
1887
1895
18U5
1805
1903
1902
1005
1907
1898
1896
1892
1898
1900
1004
1906
1007

260
265 H
265 S

1877
1877
1880
oshvfl le
3.3 1003
86
1881
83 1880
1000
66 1808
All
1001

__

Size, or
A mount
Far
Value Outstanding
<1,000

1.000

1,000
1.000
50
1,00(1
1,000
100
100
1.000
1,000 Ac
000 Ac
500 Ac
500 Ac
1,000 Ac
1,000 Ac
1,000 Ac
1,000 Ac
1.000
1,000

1.0 00
1.000
1,00 0

1.000
1,000
1,000
100
1.000
1.000
500
1 ,000
100
1,000
1,000
1.000
1.000

<160.000
7,000,000
See text
Sto tvJit
773,500
300,000
3,280,000
555,000
102,956.500
114,173.730
1.500.000
560,000
146,634,300
22.808,500
28,537.600
6 .128.000
15,000,000
47.714,000
See tPJt
192,000
6,000,000
4.940,000
234,000
8,173.000
•1.090,000
8,000,000
I ,034.000
1,709,000
500.009
4,250,009
750.000

Rate
%
4 g
5 g
0 g
See text
4 g
4 g
< K
0 In 1007
5 In 1007
6 cur
3 g
4 g
4 g
4 g
4 g
4 g
4 g
r. g
3 g
5 g
5 g
5
5 g
5 g
5 g
5
7 In 1007
in
4H
4«

1,500,000
4 g
1.232,290 Sec text
1.232.209
0
2,200.000
5 g
75,090
4*
350,000
5 ■/.
1.850.000
4 g

Wtwn
Payable

Where Payable, and bv
Whom

Ronds -P rin ci'
jMl, When Duet.
Stocks— Last
Dividend

Moh 1 1037
S New York A St I» n l«
M A
MetronoUtnn Tr Ci>. N v July l 19o5
Q —J
A
J N V Mnrt Tl- * l-’.il .Spiv July I 1057
A
J i; S Mtgu A T r Oil. N v July I 1u 17
Aug 31 1007 1%
Q — M Check from Co’s office
M A N New York Trust C o, N Y May 1 1025
AUg 7 1 0 0 6
F
A A
July 1 1028
J
A
J Central Trust C o. N T
J
A I) Checks mailed from N Y Deo 1 1007 3*i
Fob I 1008 ZY,
do
dn
F
A A
Mch 1 1015
M A
S 5 Nassau Street, N Y
l 1037
A
do
do
J
J
O ct 1 1005
A A O
do
do
' l 1005
Nov
do
du
1 1005
do
do
M A N
1 1028
M A
do
do
H
F
A A
do
do
A D
do
do
J
.1 A D
do
do
1 1028
A
do
do
J
J
1 1040
A A O
do
do
Sop 1 1042
M A
S New York
Apr 1 1028
A A O New York
J A
J O ld Colony T r C o, Ronton Jan 1 1038
1 1034
A
do
do
J
J
M A N Trust Co of Am erica, N Y May 1 1010
A
J ■V \V Harris * C o. It Y July 1008-17
J
S U S M tge A Tr Co. N Y B c p t « 1 0 0 7 a n
M A
do
do
•
110 10
J
J A
do
do
1 1010
1 A
J
do
do
Jaa 1 1010
A
J
J

J
J

J
J

J
M
A
A
J

A
A
A
A
A
A
A

D Stnndord Trust Co. N Y
J Atlanta On
do
Jompany’a opt
J
N
Reading T erm . PhU*
Jay 1 1010
do
do
»pr 1 1030
O
do
do
tpr 1 1048
O
do
do
luty 1 1051
J

Augustus Hclnxo, B utte, M ont.; James A . Moore and James A . H aight,
ARKANSAS MIDLAND R R . - S c « page 177.
Seattle.
ExecutlVO offices, 108 La Salle S t ., Chicago.— (V . 8 1 . p . 1112.)
A R K A N S A S O K L A H O M A A W E S T E R N R R .-d * o extend from Eureka
A L B A N Y & NORTH ERN R Y .— Sec page 177.
Springs. A r k ., at a connection with the Missouri A North Arkansas, wes­
terly to Pryor Creek, O kla.. 128 miles, o f which Rogers to Sltoam Springs,
A L B A N Y & S U SQ U E H A N N A R R . (.See Ata p Do toward A Hudson.)—
Ark. 30 miles. In operation In Jan. 1908. Stock au th ., < 3,0 6 0 ,0 0 0 ; par,
H o a d , ow ns Albany to Binghamton. N . Y .. 1 1 2 miles, operated
1 100. Bonds are limited to > 1,250.000 at < 10.000 per mile. V , 8 6 . p . 107.
Cnblesklll, N . Y ., to Cherry Valley, 21 miles; of the stock <450,000 owned
Pres.. W . R Felker, Rogers. A r k .: S e c., F. F . Freeman; T rcns., J U
Jan. 1 1007 by Delaware A Hudson; total operated, 103 miles.
Felkor, Rogers, A rk.— (V . 8 6 . p . 107.)
L E A S E D for 160 years from Fob. 1870 to Delaware A Hudson Co.: rental
A S H E V IL L E A S P A R TA N B U R G R R . - S e e Southern R y ., Carolina D lv.
1« 0 % per annum uu stock.
(See guaranty, V . 6 0 , p. 774.)
Stockholders*
protective com m ittee, Geo. P . Hutlcr, Chairman: IJ. S. Tru«*t C o., depordA S H L A N D COAL A IRON C O .— See page 177.
clulrns for stock the beneilt of refunding effected In 1000. say 3 H %
A S H L A N D A W E S T E R N R Y .— See Lorain Ashland A Southern
- on stk . V . 8 1 . p . 1847: V . 8 3 . p. 908. 1030. In Sept. 1007 the lower
ASTO R IA A C OLUM B IA R IV E R R R . Goble to Seaside, O re.. 7® m .:
nl court handed down a decision sustaining their position. V .8 6 . p .7 2 1.
branch,VVarrcnton
to New Astoria. 2 in.; trackage,Goble to Portland.40 tn.;
B O N D S .— 'The stockholder* on April 7 1U0& authorised <10.0 0 0 .000 o f 10121 miles. Stock. < 1.6 19.0 00: par <100.
In 1907 acquired by Great
yenr 3 U % bond* to refund the S1O.O00.000 o f 6* and 7 h maturing April I total,
Northern and Northern Pacific. V . 8 4 , p . 807.
Year ending June 30 1907.
1000. which were In June 1003 olfered at par pro rata to the stockholders of gross. <617.105; a c t. 5253.175; other Income, <4,1)85: charge**, <188.54,1;
the D . A H . Th e new bonds are dated April l 1000, guar. p. A l , and until
balance, surplus, <69.612. Pres,. Francis B . Clarke. — (V . 8 6 , p. 1645.)
A pill I 1010 convertible Into D. A II. stock— $60() 4took for <1.000 bonds.
ATCHISON A EA ST ER N B R ID G E .— Owns railroad and wagon bridge
Or the bonds <3,3 54,0 00 had been converted In July 11)07. V . 8 0 . p. 1174,
at Atchison. K an ., connecting with the union station.
Used by tho A ten.
1 3 6 2 , 2343 . Form of guaranty, V . 8 2 . p. 0 86 .
T o p . A Santa Fc, the Chic. It. 1. A P .. the Mo. Pac. and the Ohio. Burl. A
A N N U A L R E P O R T . — Your eudlug Dec. 31 1005, gros*. < 6.0 93.0 60; net,
Quincy.
A
reorganization
of
the
Chic.
A
Atch.
Bridge
Co.
foreclosed Mch, 4
< 2,762.557
Earnings no longer kept separate.
Pres., Geo. p . Butler;
1898, per plan V . 6 3 . p. 366. Stock, < 700.000; par, <100 per share. A sink­
Sec. and Trcns.. W . L. M Phelp?. New directors (Oet. 1006), V . 83,
ing fund equal to the difference between the annual Interest on the outstand­
p. 068; V . 8 5 . p, 1 0 0 4 .— (V . 8 5 , p. 7 21. 1004 )
ing bonds and <30.000 will retire bonds yearly at pat and Interest (by lot If
A L B \ NY A VERM ONT RR.*—Owns road from Albany to Waterford J e t.,
not purchasable In the open m arket). The following official statement wax
N . Y . , 1 2 miles.
Leased to Rensselaer A Saratoga In 1860 and now oper­
furnished to the Inter State Commerce Commission, hut the company pro*
ated by Delaware A Hudson Co. Annual rental, <20.000.
nouuccs It Improper for publication here, possibly because the wagon and
miscellaneous receipts may not be Included: Year ending June <0 1906,
A L L E G H E N Y A W E S T E R N R Y .— (tfre Ata p B uff. Roch. A P itts.)—
pnuxsucnwney to Butler, P a ., 60 mile*; branch. New Castle, P a ., to Cement
gross. <117.045; net. <95,369; other Inc.. <l~,H 38; Int. and sinking fund.
<20,051; d lv ., < 3 5 ,oon; bal., s u r., <44.156. Pres, and TreoM.. 11. p. Eella,
W ork s, 6 in .; total. 66 miles. Aji extension of Buffalo Rochester a Pitts­
burgh, to which leased 111 perpetuity for guaranty of bonds and 6 % on stock.
Cleveland. O .— (V . 67, p. 678.)
Uses Balt. A Ohio from Butler to New Castle and Pittsburgh under a track
(THE) ATCHISON T O P E K A A SA N T A FE R Y — (Al#e W op .)
The «y»
age arrangement, making In all 147 miles. See application to list In full,
tern operated Juno 1907 comprised 0 ,350.28 Rill on o f railroad and embraced
V 70. p. 8 4 9 .— (V . 7 4 . p . 774; V . 82, p. 5 08, 0 26. 65)1.)
an unbroken line of traek from Chicago. 111., via Kansas c it y , M o., ami Alhunticrauo. N . M .. to the Pacific Ocean; also to Galveston, T « x ,. and iha
A L L E G H E N Y V A L L E Y R Y — Owns from Pittsburgh to Oil City. P a .,
Guff o f Mexico.
For operating purposes the systarn la divided as follows:
133 m ill*; Red Hank, Pa . , to Driftwood. 110 m .; othera, 19 miles.
Aflfr*
Controlled by Pennsylvania R R . C o ., which on Jan. I 1907 owned <9,664,.
20.17
Atchison 'Topeka A S. P ___7.0 2 5 .2 7 Rio Grande A El Paso.
I M o f the < 10,544,200 c o m . and < 1 0 ,86 2. 20 1 or the < 1 7 , 1 7 1
Gulf Colorado A Santa F o .-1 .4 9 0 .8 1 South Kansas R y. o fT c x o * . 129.17
tntlve pref. stock. The stockholders nr the Penu. R R . voted March 13 1U00
54.27
Pecos
R
iv
e
r
...............................
Eastern
R
y.
of
New
M
exico.
221.47
to purchase the road, hut merger not completed to Deo. 1907. V . 81,
Pecos A Northern T e x a s . .. 151.80 Santa Fe Presoott A Phonal* 3 5 7 . 3 2
p. 1847; V . 8 2 . p. 159, 439.
__ ,
B O N D S .—General morlgao0 Is guaranteed by Penn. U R . by endorsement
Total of nil Juno 30 1007........................................... ...................... ..9 ,3 5 0 .2 8
on each bond.
Real estate mortgages Jan. 1 1907, <733,000,
This Is exclusive or 188 miles of new linen under construction substan
In ID00. gross, < 6,3 21,8 90: net. < 2,0 5 6 .3 5 5 : other Income, <7,18)9; Int.
tlnlly completed on last named date.
A b o controls through ownership of
taxes. A c ,. < 1.2 5 9 .0 8 1 ; b a l.. sur., < 805,234.— (V . 8 2 . p. 159. 626. 691.)
securities or owns Jointly w lt& othcr row)* 581.75 mllm.
A L L E N T O W N R R — Topton to Kutztow n. P a ., 4M m .: Reading system .
In 1000 acquired control of G ulf Beaumont A K. C. and Gulf Beaumont
ST O C K . — <1.268.884 (par < 50), Including < 1,071,400 pledged under
A G t- Northern, which are leased. V . 7 6 . p. 731; V . 7 7 . n. 1224; In 1005,
Reading Co. general mortgage,
No bonds.
purchased tho Arizona A U tah. 22 mllea.
V . 82, p. 48.
In Aug. 1906 ac­
A L L E N r O W N T E R M IN A L R R .— Owns 3 U miles o f railroad In Allen­ quired the Arkansas Valiev R R . and the Holly A Swlnk R y .. project,-d from
tow n. P a ., connecting the East Penn. (Phlla. A Reading) with the Cent, of
Holly to Rocky Ford, Col.. 115 m iles, o f which 63 m . completed June 36
N . J.
Leased for 099 years to Phlla, A R ead, and Cent, of N . J. (by assign
1907.
V . 8 2 .P .9 9 . 867: V . 83. p. 3 70. 0 62.
f£M«U Cane Belt R R .. 105 in.
rnent from Lehigh Coal A Navigation Co.) at Interest on bonds and n % on
(entire stock owned), for 30 years from July 1005. V . 8 3 . p. I oh .
<430.000 stock (par S50), bonds being guaranteed, principal ami Interest,
O R G A N IZ A T IO N . T h is company was organized on Deo. 12 1« j 5 under
by Pldl. A R ead. RR. Co. (foreclosed) and Lehigh Coal A Navigation.
lUo general laws of K a n sa s by w»o purchaser* at mrcclosurc sale o f Lira
property and franchise* of tho Atchison Topeka A Santa Po R R . C o ., la
ALTO N JA C K S O N V IL L E A PEO RIA R Y . -Projected from Alton to
Jacksonville, III., 65 miles, of which Alton to Godfrey. 6 n i., operated In accordanee with a reorganization plan. V . 6 0 . p 658
Tho tallway company In July 1907 owned In fen 6 673.33 mllm o f system ,
Sept. 1907. and balance to be by Sept. 1008. Stock a u th ., <80 0 .000 ; out
Bonds-----------------------(< 800,000 auth.
Issue). "Mercantile and also all, or nearly all, the bonds and Mocks Of tho various companies In
*
standing, < 300,000: par <100. ---------which the title to the oilier lines b vested, v . 68. p. U74
A list o f such
........ , ____
____
See table above.
P rt».. Aaron O . Auten,
Trust C o ., St. Louis,
trustee.
holdings Is In the general mortgage (In V - 02, p. 7 3 2 , 733) and suoojaslva
Jenteyvllle, ill.; Tteiw., A . VV. Cross; See,. June M . R hoads, Jcracyvllle, III.
reports. Sec V . 6 9 , p. 1300; V - 7 1 . p. 27. Consolidation of con­
ANN ARBOR R R .— ISc* AHip Detroit Tol. A fronton.) -O w n s road from annual
trolled companies (April 1907), V . 8 3 , p. 1347; V . 8 4 , p. 867.
T o ledo, <).. to Frankfort, on Lake Michigan, 292 miles: trackage, Toledo to
San Francisco A San Joaquin Valley R y . was merged In Juno 100).
Alexis, 0 in.; operates car ferric* between Frankfort, M ich.. Kewaunee ami
Cut-off from Ulo Puorco, N . M .. to Texlco, 268 niUcn. under constiuctloo.
Manitowoc, \Vu*.. ami Menominee and Aluulstl<]Uo, Mleh. Wabash uses shortening the main line 11.6 rtllca, opened III August 1907.
Toledo terminals.
lias a Joint Interest with the Southern I aclllc In the Northwestern Pacific
O R G A N I Z A T I O N .— Successor N o v . I 1805 to T o l. Atm Arbor A N or.
R R ., Incorporated Deo. 31 1906 a* a consolidation (see that com pany).
M id i., foreclosed under Quintan!-Lawrence plan In V . 5 0 , p. 782.
In
S T O C K .—The prof, stock has preference as to assets and non--cumulative
March 1906 the Detroit Toledo A fronton R R . (which hoc) had acquired
dividends not exceeding 6 % per an n.. ns declared by the hoard o f directors
< 3.102,400 pref, ami <2.1 90.0 00 common stock. V, 8 2 . p. 508.
out of net profita
No other m tge. and no Increase in the pref, stock can he
S T O C K — Common, < 3,2 5 0 ,0 0 0 ; preferred, M .o oo.u oo: 5 % noncum ulamade without concent of m ajority o f all pref. stock outstanding and of all
live: par <100.
Pref. stock cert., S u p p le m e n t" O ct. 30 1897, p. 3 .
com . stock represented at a meeting. T o o total auth. amount o f pref. stock
A N N U A L R E P O R T .— For 1006 07 wan In V . 8 5 . n. 1335, showing:
Is > 131.486.000. of which <10.800.000 Is reserved to acquire other lines; also
Year end, June 30 —
1907.
iO O f.
1005.
1004.
< 6.1*6.470 In « pedal trust for Improvements, extension*. A c . Pref. stock
Grois earn ings.................... <2 . 1 8 2 , 6 1 8
< 2.175,231
< .922.503
<1,970.047
certificates In "S u p p lem en t" of April 1897. P. 3.
In 1906 Oregon Short
Operating expenses_____ 1.416,659
1,391,680
1,337,364
1,475,133
Line (Union Pacino purchased 3 10 . 0 0 0 ooo pref, stock. V . 8 4 . p. no. 569.
Stockholders voted Jan. 30 1907 to Increase the auth. corn, stock from
<783.551
<583,220
<152.000.000 to <2511,01)0,000 and also not exceeding < 93.000,000 bonds, uy
<503.914
Net e a r n i n g s . .. .. . . . .
<766,859
<811,816
<000,902
Nat Incom e..................... <794,443
<515,800
he convertible Into com . s t o c k ., O f thnconvertible bondsstdokholdere were
280.000
280.000
280.000
D educt— Interest...............
2 8 0 .000
offered <26.033.000 at par In July 1007. See n O N D S below. V . 8 3 , p.
101,111
54.603
T a x e s ...............................
137,000
59.055
1 LHV.1[ % ) . Y « 0 0 . Frioo*Ui 90 1° .
1002 to 1005.
1906.
1007.
1008.
On co m .
. 0
0
3 t f 4 yearly (JA D ) S c « below
6
<4,10.705
<206,299
<173.853
..............
Balance, s u r p lu s .......... <377,443
Pres.. E ugdic Zimmerman: Sec., G . Caapar N llw ; A u d .. W . D , Oray.
On pref____
2
4
6
5 yearly (P A A )
»
a
P c b ..2 Si
— (V . 8 2 . p. 308; V . 8 3 , p. 1036; V . 8 5 , p. 1335.)
In 1906, on c o m ., June, 8 % ; D eo.. 2 H % ,
B O N D S . -T h e Gen. Mort. (Abstract V . 62, p. 731-739: ae© niM0 V . 68.
A P A L A C H IC O L A NORTH ERN R R ,— V . 8 6 , p. 6451; V . 8 6 , p. 170.
p. 974) give* a lien, either by direct m tge. or by collateral trust, on a,28>
A R G E N T IN E CEN TR AL R Y .— Sec page 177.
miles of the system , together with all the equipment and terminals owned
ARKANSAS LOUISIANA A G U L F R Y .— T o extend from Monroe, La . by the com pany, and future acquisition*.
at a connection with tho St. Louis Iron Mountain A Southern and Vicksburg
General morioaoe As (limited to < 166,400,300).
------Reserved - —
Shreveport A Pacific to Pine Bluff * A r k ., 136 miles, with branch, 7 miles; a T o retire guar. Bind noteti paid and car tiusln at tn 1*96.
m 1997,
total. 143 miles. O f this, Monroe to Bastrop. L a ., was completed In Jan
not exceeding! 1.230 for each <1,000 of old bondfi. 119,600,000 <2,339,383
1008 and grading completed thence to H am burg, 28 miles; also on ?»mju*
h Non-ow entlng Ixinda from reorganization o f I 860
1 ,500,000
6 0 4 , 06 O
branch. Stock au th .. < 3,9 0 0 ,0 0 0 .
Bonds (36.000.000 auth. Issue), Colo­ c Chicago A S t. Louis 1st m tge. 6s ............... .............
1.600,000
1,500.000
rado Title A Trust Co. o f Colorado Springs, C ol., trustee: < 2,860.000 were
For Improvements, terminals, second track, equip­
aubscrlhcd for on account o f 143 miles tinder construction. V . 8 6 . p . ion.
m ent. A c ., *t not exceeding S3.000.000 yearly, of
Pre* . Alfred Cowles, Chicago; See. and Tronic, 15. A . SunderUn, Colorado
which not over >760.000 for extension* ..............
30,01)0.006
5.616,101
Springs. C ol.— (V. 86, p. 106.)
For acquisition o f Atlantic A Pacific and other lines. 2 0 , 90 0 .009 9,731 ,5 9 4

S




ft. Bfntnn

0«Ikn*|

ttjkm

OlMtOl'

ImouU

K^Mbnd

—

wtndtti

Tlr^n! cu
RDetf
ion'
Onnu;

ixwracuv

SALEM
jvniut

L__ . B O I S E C lT * '

•Oaklwot^'
Roaeburjf
. KiairuitACaJui

PIERRi
f“MlnD^kjv] fa'

foRoaebud

D a iley

J
ourMojI
wV
lntfM
Xm

_y_
W
F
W
>
1
*
B
O
T
W|
Bendoraoa \
Cam ps

rM
wU
ti iu»<
flftfcgfrwi vUm
Pram

Man

rational

Jamaatown'

BISMABCl!

I rro^ r' t ^h

Laudor®

C*»P*7 0 rtB J c f
- ■ ■ - / ’Woudorero'

mtpaller

*ooatoll(

I

- 8»J' !
j ABm M

iwortn
rhwator

.Banin;

F L o f R ocha

R A ILW A Y STOCKS AND BONDS.

Mountain C«Jty

*c»ata

Cacti* Jc.

Huxldln#

K ° r t), n . t t ,

fital

G r h il S a l l f t f

I Stockton

>bama;

Tin tic
\ C h a rry C m !

iu j t l n ° R a b y D il i

a
F R A N C IS C O ,’

o .te

•mmlni

L.

A D Ast '
iu^m.
>
itf* Kod>•? . “axowaa
o#

Frli

y. v
iMaryarala
Creaocnl

u.*

Ouray
Alam o««l
Antnnltr/

inkr
Men dot

^roONDQ,

rwoi
Im.-Aver
•—lUo*4w:

*5
%
dIr»la
.JV
'W
i.V»a»l
C
JLU
K
I '
aAClHTO
9TIM1CVU\
mk

■*
\
J— t»C-SAOIOO^

S ^ a _ /a Z _ O vR-.A
~:*'c<tis9u « o’V pmCes7x JJlobo*^
^
°_

jClarJ'OtK

m«»UAA

0 C iu d ad J u a n

Altai
ltoaai

Cnieea-

Nofatoa

Ma^daioaa

0 J »n o i

fixjoeton
Arkansas

W ORTI

IC
T»fO««T

ibroveport
7 .«r * o i

SAN A N G E LO '

latchlt

Jan, i m ,




^ JA C K SO N Co
% 0 , s i I

Unh

Concepcion

loahua

[m o n t V
L C h v fc i

■N M W
2*<;lo

AND

SYSTEM.

raci

fel

■F la o d o ra

SANTA FE RAILWAY

1• •
' •• ' <

Iaoafleia^v^TyV^V/^11

P E C O S J?^ -

TH E

ATCHISON, TOPEKA

X,

B ode

gH^??.CU&>n

FuhctT?]
Faali^Valleyl

[uJtdC^*
Colorado

jlorra Blanca

—]

Wlchlva

1

k^iNCON

Maided,

Tbayel

7 > S t?a a l

.V 7i Jrta
oartc /Fulton r- v
m c o n jb

'a tU ln a

O F

/Sellrm an
^AFajoUevlUo

Ik Laa C ru coa

M AP

UNIONi

^ I fi^ ifr ip p r A . v '

CantS?nvJllo

na
bE
7
fro
etbisp^a

•on

A k roir

[DENVER

Mohawk
r

0r^ J

'GATON Ri

to Pai

F ka?

•abtaaaVy,
Jfootjoj

Jltncoot

Tanadlio.'f

e Sinaloa

,jChino

Janl
Torraoa'

A lic e

'MonTori

u

iro*

T,

F

O

F

M

E

Jl

I

c

o

1G

RAILWAY STOCKS AND BONDS.
H AIIM O A O S

M ites Date
of
of
Road Ronds

F or explanation of column hendlntjs, A c ., ace notes
on first pope of tunica.

Atlantic Coa»t Line Co. (Conn.)— StoolcMO ,000,000..

Certs lit Imlcbt Inc non-eum J8.000.00U...........Slln.r.
do
do
redeemable nt 105 alter 20 yra-.SH n
00
n.j
riHleemable ut par alter ft y e n is .. . . .
Atlantic Coast Lino R R — Stock com m on (te x t).............
Chun “ A'* com stock tax exempt (RICH A Pet certs)
Preferred stock 5 %
Ptrst consol m tge 180,000.000 gold (te x t). U s.c*A t
Coll tr M cold secured by L A N stU red 103. c*A r
F1r.it M on JacUsou A Sow $2,000,000 g o ld -.S B a .c *
Certificates uf Indebtedness (now) 5Z5,U00,0()0..........
do
do
( o l d ) ........................... .........
N otes. $ 5 ,000,000 gold................................ .................. cAr
Equip trust notes gold $225,000 due s -a .......... SIJa c*
Hands Undcrll/lno First Consolidated 4s
Not til East (S C) cons M gold Flor to Charleston .
W ilm ington Col A A u g 1st M (W llni to Colum bia). .
Atlantic C L of S C gen 1st M (1st on 355 m ) g .S line*
Petersburg'M class A g o ld ................................................
• do
do
class B gold (Petersburg to Weldon)
• Richmond A Petersburg first mtgo ($24,500 arc 7 s ) .
• Consol M g (Richmond to Petersburg, e tc )____ C c.c*
• VVIItn A W eldon gen M ($938,000 arc 4s) g. . SU.i.c*
Wilm ington A New Bern 1st M gold assum ed. 811a
• N or A Car 1st M gold (P Pt V a to T ar N C ) . . -C c.c*
• Second mortgage g o l d . . ________ __________ SBn.e*
•S u v F la A W

1 st M g ($ 2 ,4 4 4 ,0 0 0 a n ? 5 s ) - .- M n .c * & r

•Charleston A Savannah gcu m tgogold.......... -S B a .c *
• 11 rum A W 1st M (Brunswick to Albany) g g u .M p .e
•Alabam a Midland 1st M g (Balnb to Montg) - -M p.xo
• Florida Southern 1st ratge $5,000,000 gold . --A B .C *
- Sanford A St Petersburg first mtgo g o ld ._______ PeP
• Ashley River first mortgage
• Sll Sn O A G 1st M gold (Ocala to Inv A br) --T n .c *
• W it A W ei certs of Indebt for dlv 1887 non-eum Inc.
Allan He A Danville
1st M $4,425,000 g ln t ront.Mce*
S«*cond mortgage $1.325,000 gold Interest rental-T«
Aflunrlc A North Cnrollna— Stock $ 1 , 8 0 0 , 0 0 0 - - . . . . Flmt mortgage $ 3 2 5 .0 0 0 ................. ....................... Me Ha

i 897
1900
1905

3,885
104
.. .

—-

1002
1902
1904
1002
1000
1907
1007

4

1883
1880
1808
1881
1881
1875
1890
1885
1807
1889
1896
1884
1886
1888
1888
1895
1894
1877

275
275

1887
1900
1004

08

1887

102
239
696
68
68
22
27
479

on
110
119
547

11 1

169
174
244
145
64

1888

Size, or
Par
Amount
Value Outstandlna

1,000
1,000
1,000
1,000
1 .000
BOO Ac
l ,000
1.000
l .000

l .000

l .000

1.ooo

1.000
500 Ac
1.000
t .000
1,000

l .000
100
1,000
1.000
100
1,000

e

Data.

Interest.

Outstandlna. Maturity

Gulf Beau A K O 1st M void............. 1803 8 g F A
$618,000 Aug 110 1 3
2d M ($188,500 arc Os)................. 1803 5A 3 g I A
313,000 Aug 1 1013
Cane Belt 1st M .g . red....................... 1001
5 g J -l)
750,
June 1 1 02 1
M Deoil unassented Old b o n d s ..................- --------- -- - • 4.850 . . . . ............
F IN A N C E S .
In 1008 the dividend rate on the com . stock was raised to
3 % and In 1007 to 8 % .
V . 8 4 . p. 8 03. As to the authorization of conv.
bonds and stork In 1007, see above.
L A T E S T E A R N IN G S . -1 1 0 0 7 ------ Gross, $40,300 ,148 ; not. $11,025,077
3 m o *.. July 1 to N ov. 30. 11003____ Gross, 3 7 .7 0 5 .8 I5 ; net, 13.180,487
Deducting taxes and rentals, balance for Interest In 5 months o f 1007
was $ 1 0 ,723 ,480 . against $14,220 ,080 . Road operated. 0,405 average miles
In 1007. against 0.232 miles In 1908.
R E P O R T .— Annual meeting third Thursday In October. Report for
year 1007 was given In V . 8 5 . d . 0 15, 038; see also page 802.
Years m d Ino June 3 0 — 1007.
1006.
1005.
1004.
Average miles operated0,273
8.434
8,305
8,180
Freight earnings.. .$ 8 5 ,5 0 0 ,3 0 0
$54,508,003 $47,408,082 $47,702,053
Passenger ........................... 21,171.320
18,013.088
16.046,380 16.433.774
Mall, express. A o ...........
7.011 .4 0 9
5,431 ,4 5 6
4,021,476
4 ,074,773

ooo

Total earnings................«t)3,M 3,407 $78 .044,347 $68,376 .837 $88,171 ,200
Operating ex p en ses------ 3 8 .8 6 7 ,001
48 ,407,518 45,517 .384 42,222 .032
Net namings.................. $34,813,506 *20 ,618,820 $22,858 453 $25,040 .188
Total net income ...........$35,588,074 $30 .803,230 $23,872 .366 $27,107 ,042
388 ,464
225,036
203 ,553
Rent o f tracks, A c ..........
150.183
1.028 800
1.016 137
raxes .
.........
2.502,850
2 ,118,833
0,418 ,770
0,811 610
Interest on bonds............ II .187,035
10 ,822.184
5.708
5,708 ,800
Dividends on p re f., 5 % .
5,708,600
5 ,708,800
Dividends on corn., 5 4 % 5,355.032 (4)4 ,078,220 (4)4,078 ,220 (4)4,078 220
116 ,802
412.253
08 ,250
Miscellaneous....................
441,427
Irnp'ts written oIT_______ 9.600.000
4 ,500,000
*13.775
$3,227,314
$1,055,436
$5,672,861
Balance, surplus..........
O F F IC E R S .— Chairman of F.xccutlve Committee, Victor Morawetz: E.
Ripley, President; D . L. Gallup, C om p.; II. W . Gardiner, Asst. Trees.
Directors. —Charles Steele, Edward J. Hcrwlnd. Geo. (». Haven, II. if.
Rogers, i ( . Rleman Duval. Thom as P. Fowler. Victor Mornwetz. New York:
John G . McCullough, Vermont; B . P. Cheney. Boston! Edward P. Ripley,
Byron I - Sm ith, Chicago; Andrew C. Job*.*, w lcbltu; Howel Jones, Charles
S. O lced.T op eka; H . C. Frick. Pittsburgh.
O F F IC E .— 5 Nassau S t., N . Y . — (V . 83, p. 1200, 1460. 1576.)
ATLANTA BIRMINGHAM A ATLANTIC RR.— (Sea M a p .) - Bruns­
wick to W adley. O n.. 326 miles; Scssnmx to W ayoross. Ga.« 36 miles; Fit*,
gerald to Thom asvlllc. G a ., 81 miles: branch, BushncH to Crystnl Lake, 33
laltac branch Manchester to Atlanta. 76 miles opened Jan. 1008; Alabama
division. Talladega to Ashland, 32 miles, sen til red Sept. I 1006; total Jan.
1 0 0 8 , 374 m l l « . (V . 8 4 . p. 1426; V . 8 0 . p 113.)
Is engaged In building an extension from Montezuma, d a ., to Birming­
ham . Ala.. 261 miles, with branch from Manchester to Atlanta, 76 miles.
O f this. Montezuma to W adley, 1 3 1 m ., was operated in Jan. 10()8; balance
expected to be In 1 0 0 8 . Contract for branch from fleaxcrocr. Ala., to Millg a y . 14 mile*, was let In Juno 1907. Terminals at Atlanta and Birmingham
and steamship connection at Brunswick have been secured. The Atlantic A
Birmingham R y . was merged In April 1006. See V . 8 2 . p. 8 67; V . 8 3 . p. 35,
1200. The Georgia Terminal Co. and the Alabam a Terminal R R .. having
$1,6 0 0 ,0 0 0 and $3 000,000 stock.respectively. all owned by the railroad
com pany, wll provide terminals at Atlanta and Birmingham, respectively.
V . a4. p. 1423; V . 85. p. 1204.
Brunswick S8. Co. operates between New
Y ork, Brunswick and Havana, Cuba. V, 8 2 , p. 1267; V . 83, p. 33, 1200;
V - 8 3 . p. 3 4 4 .4 7 0 . 1204.
ST O C K authorized. $23,000 com . and $10,000 3 % non o u m .p re f. p e rm .:
par o f share*. $ 100 ; UxUCd M ay 1907, $16,170.700 0010 . And $8,180,700 pref.

P.




I.VTtSUFST OH D IV ID E N D S
Hate
%

When
Payable

Where Payable, and bu
Whom

Baltimore
$100 $12,600,000 10 In '07 Q— M
5 cur .1 A I) III 1906 paid 5 %
5.000.900
100 Ac
4
A
5.000.000
.)
100 Ac
J In 1907 paid 4 %
l
A
J
.1 In 1907 paid 4
100 Ac
3,000.000
A
J Trcas Office, W U m . N C
100 4 7.537.600 Sco text J
& J
do
(to
1,000,000 Sec text J
100
1,596,600 5 In 1907 M A N
do
do
100
S United States T r Co, N Y
4 g
M A
1.000 Ac 43.524.000
M A N J 1* Morgan A Co. N V
4 g
1,000 Ac 35,000,000
.1 A D Safe Dep A Trust Co,Balt
798 .000
1.000
4 g
M A N Trcas Office, W llm . N C
4
100 Ao 10.187.728
•I
A
J
500
J
do
do
100 Ac
M A
S United States Tr Co. N V
5 ,000.000
5 g
1.000 Ac
S
4.275,000
M A
do
do and Balt
4 g
1,000

T h e Adjustment \tortun<je (A bstract. V . 8 2 , p. 730) Is to tile Central Trust
Co.
trustee.
Interest Is payable only out of net earnings up to 4 % In each
year, cumulative since July i looo. Present Issue la limited to $ 3 1,728.000.
but when the $$0,000 ,000 general 4s authorized for Improvements as above
have hern Untied, $20,000,000 additional adjustm ent 4» m ay be issued for
the ctm e purpose at not exceeding $2,000,000 In any one year, but only by
a majority vote of the adjustment bondholders. Interest— In N ov. 1807
paid 9 % l since, full 4 % yearly.
.
The Eastern Oklahoma division 4s of 1003 ($10,000,000 authorized) will
bo burned for extensions; the present-Issue o f $ 5 ,128,000 Is secured on lines
aggregating 170 miles.
V. 7 0 . p. 134; V . 70. p. 1331,* V . 8 4 , p. 1540;
V . 8 3 . J>. 308.
Tho 2 30.000 .000 debenture 4s of 1002 were Issued to nay for uuw equip­
ment.. new mileage, permanent Improvem ents, Ac.,* $2,300,000 paid off
•arty. No new mtgo, on lines owned when the debentures were hsued can
; made without seem ing debentures thereunder. See statem ent. V . 74,
n. 150, 204; alio V . 75. p. 080. The debentures are paid from cash In tho
treasury nod not Included In the Income account. V . 7 7 , p. 2338.
The M of 1005 ($30,000,000 authorized Usue) are convertible at par be
tween June 1 1008 and June 1 1018, ami may be called nt 110 on any Interest
d a y . but when called may be converted Into stock provided the time for con­
version hjw not expired. N o new mtgo. on lines owned Jan. I 1005 shall
be made without securing the convertible bonds thereunder. V . 7 0 , p.
2005: V- 8 0 . p. 540; V . Ml. p. 1174; V . 8 2 . n. 3 0 1 . 887.
„ Av
Stockholder! on Jan. 30 1007 authorized the Issue of $08,000,000 of con­
vertible bonds, o f the bonds ($ 2 3 .0 5 8 ,ooo of 1 0 -year 5s. part of an Issue
of $ 3 0 ,0 0 0 ,0 0 0 ), $0,013,000 were subscribed by stockholders at par, payable
3 0 % on subscription. 3 5 % between Jan. 5 and 10 1008 anil 3 5 % between
Juno 3 and June 10 1008. or In full on any of said dates, and the remaining
$18,113 ,000 sold. The bonds are convertible Into Com. stock at par to
June 1 1013 and may lie called nt 110 on any Interest d a y . but when called
m ay bn converted Into Stock provided the time for conversion baa not ex
pi red. No new intge. on line* owned Jan. l 1007 shall bo m ade without se­
miring t h e 3 i of 1007 thereunder, v . 8 4 , i>. 1 0 5 1 .111 2) \ .88, p .0 7 , 2 ,h a . 520,
The following miscellaneous divisional bonds, in Addition to those shown
In the table above, were outstanding on June 30 IU07:

S am e of issue.

[VOL. LXXXVC

057.000
6 g
6
1.600.000
4 g
5 ,547,000
5 g
868.000
800.000
t> e
6 A 7
310,600
300.000
•l it e
4.00 0 ,0 0 0 1 tc A 5 t
« g
108.000
1,320.000
5 g
400,000
5 k
6 .500.000 5 g « 6 g
1.500,000
7 g
4 g
1 .407,000
2,800.000
6 g
2 .418.000
4 g
275.000
4 g
8
33.600
492.000
4 g
7
l .000
3,025.000
4 g
775.000
* i:
1.707,200 See text
325.000
6

J
J
J
J
A
M
A
•J
F

A
A
A
A
A
A
A
A
A

J

Cuylcr, Monrmi & C o .N Y
First N at Bk, N Y ; A Bait
Safe Dep A Trust C o,B alt
Richmond Office
do
do
do
do
Brown Brothers, N Y
First Nat Bk, N Y ; A Balt
Safu Dep & Trust Co. Unit
A A O Central Trust Co, N Y
A
j
J Sale Dep A Trust Co,Halt
V A O United States T r Co, N Y
J A J
tlo
do
A J
do
do
j
M A N Metropolitan Tr Co. N Y
A
J
J United States T r Co, N Y
J A .1
do
do
J A J Axst T rcas. Charleston .SC
A J United States Tr Co, N Y
j
A A O Trcaa. W ilm ington, N 0
J A J Mercantile Trust Co, N Y
A
J
J Trust Co of Am erica. N Y
S^ml-an Check from Co'a Office
J A .1 Nat Mechanic*' n k , Balt
D
J
J
O
N
O
J
A

Bonds — J'rincl~
pul, When Duo
Stocks— Lust
Dividend
Dec 10 1007 2 H
Irredeemable
Jan 1 Iona 2 %
Jun I 1023
Jun 10 1908
Jan 10 1008
NoV 10 1007 :
July 1 1052
Oot 1 1052
Dec 1 1051
Irredeemable
Irredeemable
Mch l 1 0 1 0
To Mel) 1 1912
Jan 1 1033
June 1 1010
.July 1 1048
July I 1025
Oct l 1028
May 1 1015
Apr 1 lo io
July 1 1038
Aug 1 1047
Apr 1 1030
July 1 10 15
Apr 1 1031
Jan 1 1088
Jan 1 1038
NoV 1 1028
Jan I 1043
Jan 1 1024
Jan 1 1013
July l 1018
Irredeemable
July 1 1048
July 1 1018
Jan 14 '08 i u .
July I 1017

Outstanding In the handn of the public June 1007, $9,743,800 com . and $4,H22,ooo pref.
Additional am ount* to be deposited under collateral trust
notes, see below.
B O N D S .— O f the 5» o f 1908 ($30,000,000 authorize!! Issue), $ 25,QUO arc
iMUablo per mile of main line and branches, with $10,000 additional for
second track, an amount equal to the par value of prior liens being reserved
to retire the same?. N ot exceeding 33 1-3 % of this aggregate am ount m ay
be Issued for equipment and not Over 30 % for terminals and shop facilities.
Three years coupons were clipped from $1,070,000 bonds Issued to retire
prof, stock o f old com pany.
In 1007 $ 8 ,173.000 bonds were outstanding.
V . 8 4 , p. 1426. Additional amounts will be deposited under collateral trust
notes, which see below.
Tho collateral trust 5 % notes ($6,000,000) sold In May 1006 arc a Joint,
obligation of the railroad and the Atlantic A Birmingham Construction Co.
and will provide for completion of the road and pay for steam ships, equip
m ent. coal and Iron purchases, wnter terminals at Brunswick and shops.
The notes will bo secured by depositor *6.000.000 Atlanta Birmingham A
Atlantic 1st mtgo. bonds ns earned and $4,600,000 pref. ami $ 1 0 , 000,000
com . stock (n m ajority of both classes). and $ 1.206.000 equipment note* of
the R R ., entire stock ($3,000,000) of Birmingham Coal A lion C o., owning
33,000 acres of coal and 3.600 aorrs of Iron ore lands (subject to a $2,o o o ,mm
m ig e .), and the entire stock and bonds ($ 1 ,000,000 each) of Brunswick SS.
Co. V . 8 2 , p. 1267; V . 83, p. 3 5 . 1 2 0 0 ; V . 8 4 , p. 27U; V . 85, p. 1404. KqUlp
ment obligations June 30 1007, $1 460.535.
The controlled companies, the Georgia T trm lnalC o.. A lab am a Term inal
R R , Birmingham Coal A Iron Co. and Brunswick SS. C o.. In 1007 sold
S3 .0 O0 .00 O. $2,400 ,0 0 0 , $2,000,001) and $1,000,000 bonds, respectively.
V . 8 4 . V. 1427. 1531; V . 8 5 , p. 470.
L A T E S T E A R N IN G S .— 11007................. Gross, $865,027; net, $168,100
4 m o s., July 1 to Oct. 91 .1 1 9 0 0 ............-.G ro s s . 5 0 6.085 ; net, 145.131
R E P O R T for year ending Jun»- 30 1007 In V , 8 5 . p, 1 2 0 4 . showed on $03.
m iles, gro**, $1,580,148; net, $410,213; other Income, $13,038; Interest and
taxes. $386 ,07 4; balance, surplus. $40,077 . Pres, and (Jen. M gr.. II. M .
Atkinson, A tlanta. G a.; See., R . E. Culllnnnr,
Office. Atlanta. Gn.
Directors— H , M . Atkinson. P . S. Arkwright, Morris Brandon. Geo. Dole
W adley, G . W . Brine, R . K. Culllnane, H . M. M ilam, F. M . Sisk. W . B .
Stovall. Atlanta; Gordon Abbott* Boston: A . D . Russell. Percy It. Pine,
F. L. Eldrtdge. New York: W . A . Handley, Roanoke, A la .; Cecil Browne,
Talladega. - ( V . 8 4 . p. 1426; V . 8 3 . p. 30. 1082. 1143, 1204.)

• ATLANTA A CHARLOTTE AIR LINE R Y .—(Sr* Map Southern Railway*
System.)— Owns Charlotte, N . C .. to A tlanta. Oft.. 260 miles.

T h e operating contract of 1881 accepted l»y the Southern R y . requires tho
payment o f Interest on A t. A O. debt and 5 % on stock; If gross earnings e x ­
ceed $1 .5 0 0 .0 0 0 . dividends to be 6 % . and if they exceed $ 2 .5 0 0 ,0 0 0 ,7 % .
In 1007 too bonds (three Issues) were extended 3 years. V. 8 3 . )>. 1347.
Stock largely deposited with a com m ittee. W . Emlen R oosevelt. Chairman
(U . S. MtffC* A Trust Co. depositary). until May 1 1 0 1 0 , to prevent Increaseof m tgo. debt unless stock Is recompensed
V . 8 3 , p. 1410.
D IV I D E N D S .
\ 1881 to *80. 1800. 1801 to M ch.*01 Inc/.
Since
• P ercen t—
/ 5 yearly.
64
3 yearly (M A S ).
7 yrlv.(M A S)
L A T E S T E A R N IN G S .— J1007_______ Groan, $2,658 ,4 3 0 ; net. $713,420
7 moil.. IMch. I to Sept, 30.11906 ............Gross, 2.373.230; net. 338 ,0 9 3
E A R N I N G S .— For year ending Feb. 28 1907, gross, $ 4,169,423, against
$3,975,608 In 1905*06
Pres.. C. 8 . Fairchild, N Y .
(V . 8 3 . p. 1410.)
ATLANTA TERMINAL CO.—Owns union passenger station opened
May 14 1005. with Approaches, used by Southern R y .. Central o f Georgia
R y. and Atlanta A V v « t Point R R . Stock. $150 ,00 0, owned In equal pro­
portions by tho three companies named, which pay all charges and ex­
penses on ear boat*. V . 76, p. 50.1, 1394; V . 77, p. 6U0. ..
ATLANTA & WEST POINT RR. Atlanta. O n., to W est Point, G a ..
86 miles. Georgia R R . June 30 100$ owned $547,200 stock and $388,000
deb. cert. A belt line around Atlanta, 5 .4 miles, Is operated at rental or
$16,000 yearly— 1 % on Its coat. V . 71. p. 063; V. 73. p. 1354.
D IV ID E N D S begun In 1853 were Tor many years » % per annum ,
i roin
July 1 1884 to July 1001 Inclusive. 6 % yearly. J A J; O ct. l 1899. 25 % extra
(V.'AO, p. 600); 1002 (t); 1903, 6 % ; 1904, 6 % ; 1905. 6
112.860
1, ' i n , gross.
K I ' I W , $1
# 1 0 43.073
t O .: M
C I . ($307,681;
1 ) 1 1 1 , 0 0 1 , other Income
In 19mV06.
net.
In 1904-05.
charges. $316,506; dividends. $73,032; surplus. $21.10.1.
063.)
gross.
208; net;
3 6 o ,i 6 i .- : (V . 60, p.
oss, $91L
$913,208;
net, $
$360,164.—
n. 59i);_V.
590; V . 71. n. ~
003.)
, v
ATLANTIC CITY RR.—Camden to Atlantic C ity, 67 m . (double track)
branches. Winslow Junction to Cape May. N . J .. 55 m .j W llllam stown. 23;
n i.; Gloucester, 1 2 m .: Ken Isle C ity, 12 m*.;' Ocean C ity, 10 in .; total, 168 m .
V . 7 2 . p. 1278.
........ ................
ST O C. K , m
c om
m.,.. *5,825.000;
$2,625,000; ppref.,
rtf., *$11,000.0110
,000,000 (pur,
(par, $6 0 ).
................
■ * stock,
------*............
irrj, conxol
lU'mllmf--------------------------Co. ow n. over 0 0 —
* i of
nnd irUrurantrr/t
consol *)n. nrlnclpnl
Off the loiter.
Inlter. $2)000.000
unit Interest. Form of ininrnnty. V . 75. p. (J os. o
.
ore reserved to retire prior II.-u bonds.
Sec V. 7.1, u. 81. There ore olso
mitstondlmr jjn .a o n Seo Onost R R . scries A 5s ond * 2 .8 5 * scrlro It 6s.
l or
yeor endlnir Juno 50 1007. irross. J l.025.S 24; net. * 274,501 ; Ozed chonres
ond lo ses. * 5 0 4 ,1 * * ; penn. Inip’ is, J 1M .110; hoi., deflclt, *2 1 0 ,8 0 5 .—
(V . 82. p. 750.)
AT L A N T IC COAST LIN E CO.— (See A fo p .)— Orzonlzetl Mojr 20 1880.
under the Iowa of Connecticut, ond owns o mojorlty of copltol stork ond a
loner otnount of the bonda uf the Atlantic Coast Line R R below.
S T O C K .— Aa to certificate* of Indebtedness, see editorial Oot. 1807, Sup­
plement. p. S: V . 86. |>. 584: V . 7|. p . 1310, In 1808 *5,1100.000 atoolt was
distributed ns o 1 0 0 % dividend (V. 87. p. 06 4 ). and In 1000 * 1 0 ,000,000 4 @
certiorates of Indebtedness (Including * 2 ,Boo,ooo o f Atlnnllo Const Line
n n . C o .), also a 1 0 0 % dividend,
V. 71. p. 807: V . 7 * . |>. 10*.
In 1008
stockholders subscribed for *2,100,000 slock at par, rnlslne amount outSizn dlnl to *12,8 0 0 .0 0 0 . A s to securlths pledced (o aeeuro etiuolly the
certllleotes of Indebtedness, see V . 71. p. 1310; V. 8 3 . p. 680.
CASH D IV 1D K M D S.1 ’ 07. ’ 08. *00. ’0 0 . ’ 01. ’ 03. ’ 0 * . ’ 0 4 . ’0 5 . ’ 0 8 . ’ 1)1.
P e r c e n t............... ........... - 1 3 1 J
4 4M
6 H i (H i
8
8
0 10 10
nolonoe sheet June 30 1007. V . 83, p. 717
Chairman of hoard, Henry
Walters.
Illrcetois. Oct. 1008, V. 83. p. 800. — (V. 83, p. 717.1
AT LA N T IC COAST LINE R K .— (See A fa p .l— Operates from Richmond
anil Norfolk, V a .. on the north, to Fort Myera, Port Tam pa and River J o t...
F la., on the south, and Mnnicoinnry, A la ., and Augusta, O o ., on thn wrni.

.IAN., 1908. J




RAILWAY STOCKS AND BONDS,

17

18

RAILWAY STOCKS AND BONDS.
U A ILUOA D a

f o r e x p l a n a t i o n o f c*m m n h ea d lu g s , .fcr., s e e n o te s
o uii first
o f tobies.
f i r ‘ page
~ m ---------------

Miles Data Slse, or
Amount
of
of
Hoad Bonds Value Outstanding
165

A u g u s t a S o u t h e r n — F i r s t c o n s o l n i t r e g o l d ___ C e . x e
A u g u s t a U n io n s t a t i o n — F t l t f M $ 2 5 0 ,0 0 0 g o ld
-S B
A v o n G e n e s e e f t M l M o r r i s R R — S t o c k ( s e c t e a t ) _____
B a l d E a g l e V a l l e y - . S t . o c U $ 1 , 0 0 0 , 0 0 0 ........................
1s t U o r i g i n a l l y I4Q O .O U O (.1 ( d r a w n a t 1 0 0 ) ..................
B a lt d ^ A n n a p S h o r t L i n e — S e e " S t r e e t H a l l w a y " S e e .
B a ltim o r e C h e s a p e a k e & A t la n t ic
L it M g o l d . . M p . c *
B a l t & C u m b e r l a n d Va| R y
1 s t M I n t e r e s t r e n t a l -------B a lt & C u m b e r la n d V a l R R — 1 st M In te re s t r e n t a l . . .
B -& C V R R E x t c n — S t o c k g u ($ 2 7 0 ,0 0 0 c a r r ie s 7 % )
• F l i n t m o r t g a g e I n t e r e s t r e n t a l --------------------------------------B n
B a lt i m o r e A H a r r is b u r g R R — M o r t g a g e g o l d . M c B a .c *
F i r s t M W e n t E x t ( $ 1 6 , 0 0 0 p rn ) g o l d g u a r . M o B a . o *
B a l t i m o r e A O h i o — C o m m o n s t o o l s $ 1 5 2 , 7 3 0 . 0 0 0 .............
• P r e f s t o c k 4 % n o n c u m a u t h o r i s e d $ 0 0 , 0 0 0 , 0 0 0 -------• P r i o r l i e n m t g e g o l d n o t s u b j e c t t o c a l l _____ M c . c + f t r
•
do
do
r e g i s t e r e d - .................. ................. ...........
F i r s t M g o l d r e d e e m a t 1 0 5 a f t e r 1 0 2 5 -------- U s . c * f t r
•
do
do
r e g i s t e r e d ----------- ------------------------------S o u t h w e s t e r n D lv 1 st M $ 4 5 ,0 0 0 ,0 0 0 g o l d . - . F . c f t n
do
do
r e g i s t e r e d . . ----------- ------------ ---------P i t t s J u n o f t M id D l v ( $ 2 0 ,0 0 0 ,0 0 0 ) 1 s t M g . C e . c * f t r
•
do
do
r e g i s t e r e d ........................ ..............
• P L 5 A \V V S y i r e f g r e d 1 0 0 a f t e r 1 0 2 5 . . U n . C * f t r
N e w Y o r k D lv A T e r m firs t m t g c $ 1 0 ,0 0 0 ,0 0 0 g o l d .
C o n v d e b e n t u r e $ 1 5 ,0 0 0 ,0 0 0 g o ld r e d e e m (s e e t e x t ) .
•
B o n d s U n d erlyin g F ir st M ortg age 3 4 %
L o a n 1 8 5 3 e x t e n d e d In 1 8 8 6 g o l d ..............................
P i t t s b u r g h A C o n 1 s t M e x t e n d e d In 1 8 0 6 I n g o l d . .
B o n d s U n d erlying Pittsburgh J u n ction A M id d le
- C e n t O h io $ 2 ,5 0 0 ,0 0 0 c o n 1 st M (1 s t lo a n ) g - M c B a .c
S a n d u s k y M a n s A N e w J 2 ,3 0 0 . 0 0 0 1 s t M -------- U n , c *
P i t t s b u r g h J u n c t i o n l*»t M $ 1 , 4 4 0 , 0 0 0 g O l d . . M e « C +
•
S e c o n d m o r t g a g e $.1 0 0 ,0 0 0 g o l d ....................... ..M c . c *
•
a " T o U l I s s u e d " s h o w n In l l r * t l e f t h a n d c o l u m n ,
x d n a d d i t i o n $ 7 .6 3 5 ,0 5 0 a r c p l e d g e d n * p a r t c o l l a

63
83
_

1804
1003

i! ft $100
1.000 A c
ion
i ,0 0 0
1,000 ftc

04

1880

30
1,000

1003

100

_

88i 1804
3 1879
6 1870
27
32
13

1881
1886
1888

...
1.076
1 .076
1.637
1.657
930
030
384
384
1,642
.. .
••*

1898
1808
1808
1808
1800
1800
1808
1898
1001
1005
1001

377

1833
1808
on 3 U
1886
I860
1882

l ,0 0 0
500
100 ftc
50
1 ,0 0 0

1.000
1,000
100
100
500 ftc
500 &C
500 ftc
BOO ftc
500 ftc
500 ftc
500 Ac
500 Ac
1,000
1,000
500 ftc
1,000

b

t r a f f i c .............
O t h e r I n c o m e . _________ ________________
D i v i d e n d o n L . f t N . s t o c k ............
T o t a l n e t r e c e i p t s . ________ - ____

In t. on ce rts, o f In d e b te d n e ss.
D i v i d e n d o n c o m m o n s t o c k ___

$ 6 ,3 2 0 ,5 0 1
8 3 7 ,4 2 8
1 ,8 3 6 . 0 0 0

$ 7 ,0 7 0 ,2 4 0
7 2 9 .0 3 1
1 ,6 3 6 , 0 0 0

$ 8 ,0 3 3 ,1 3 5
5 0 3 .7 4 0
1 .0 8 3 . 0 0 0

. $ 0 ,0 0 2 ,9 2 0
. $ 3 ,0 2 2 ,2 0 8
.
8 0 2 .7 6 6
(0 )2 ,0 1 2 ,2 5 6
.
7 0 ,8 3 0

$ 1 0 ,5 4 2 ,1 8 3
$ 1 ,8 0 2 ,4 4 8
8 0 2 .7 0 2
(6 )2 .6 3 8 .8 0 0
7 0 ,8 3 0

$ 4 ,7 8 3 ,4 2 7
8 5 0 ,7 4 4
(8 )2 .0 1 3 ,7 0 0
8 0 ,3 3 5

.
.
.

• B a l a n c e , s u r p l u s ......................................
$ 1 2 3 ,8 6 0
$ 2 ,0 0 8 ,3 1 2
$ 2 ,5 6 7 ,6 2 7
• O F F I C E R S . — C h a ir m a n o f B o a r d , H e n r y W a lt e r s ; P r w . , T . M . E m e r s o n ;
1 st V lc e v P r e * .. A le x a n d e r H a m ilt o n ; 2d V l c e -P r c a ., C . S . G a d s d e n ; 3 d V ic e
P r e s . , J . R . K e n l y ; G e n . M g r . , VV . N . H o y a l l ; S e c . , H e r b e r t L , B o r d e n ;
T r c a s . . J a m e s F . P o s t . — ( V . 8 5 , p . 1 5 1 7 . 1 3 7 6 .)
• A T L A N T I C A D A N V I L L E R Y — (See M a p Southern / ( K . ) - W m
N or­
f o lk t o D a n v l ll o , V a . . 2 0 3 m ile s , t h r e e b r a n c h e s , 2 2 m ile * ; J a m e s R i v e r J e t .




4AlTRUEST

When
Payable

W here P a y a b le , and by
W h om

ft
ft
ft
ft
ft
ft
ft
ft

s

J
J
l)
J
J
A
J

L o u d o n a n d P o r t la n d
I n t e r n a t io n a lT r C o , H ost
S avannah, G a
J P M organ a Co , N Y
S a fe D e n A T r u s t C o ,B a lt
E r ie R a ilr o a d . N e w Y o r k
B r o a d S t S t a t i o n , P h lla
F id e lit y T r u s t C o , P h lla

1,250,000
M ft S
6 g
6
48.500
J ft J
0
72,800
J ft J
300,000 5 ft 7 J ft J
230.000
6
J ft J
600,000
M ft N
5 g
240,000
M ft N
152,171,820 11 1n°l J0 7 M ft S
0 0 ,0 0 0 .0 0 0 4 In 1907 M ft
s
72,820,000
ft J
3M It j
3.4
70,003.000 ,
.V V
0
4 g
4 g
U— J
)43,500.000
5 4 e J ft J
Q— J
54 b
16,173.480
N
34 g M
1
3 4 g
4 g
31.347.000
MV
N
Sec text
4 g
1 ft u
140,000
M ft S
4 g

B r o a d S t S t a t i o n . P h lla
F a rm A M c c h B a n k , B a lt
do
do
do
do
do
do
do
do
do
do
C o ' s O f f i c e , 3 W a l L S t .N Y
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

35,484.000
100,000
1,022,000
400.000
225.000
225,000
1,535,000
202,000

113,000
58,000

Rate
%
0
5 g
5
3 g
4 g
3>i
10
6 cur

4 g
4 g

M
.1
J
1
J
J
F
J

A
J

ft
ft

0

do
do

J
Diet*!
144
1,000.000
4 1, it M ft
1,000
do
s
116
638,000
1,000
7
do
J
J
7
1,000
<1959.000
J ft .1
« g
do
7
<1230.000
1.000
J
J
do
bnlane c being owner! b y Baltimore ft Ohio,
(r eal f or the Hitts ho r gli Lake Erl e ft Wcxt Virginia .System 4s

A T L A N T I C C O A S T L I N E R R . -(Concluded)
r e a c h in g th e p o r t s o f N o r fo l k , v a . ; W i lm in g t o n , N . 0 . ; C h a r le s to n , S . C .;
S a v a n n a h a n d B r u n s w ic k , G a . . a n d J a c k s o n v il le a n d P o r t T a m p a , F la .
O R G A N I Z A T I O N .— O r ig in a lly t h e A t la n t ic C o a s t L in e o f V a . (c h a n g e o f
n a m e b e i n g a u t h o i t z e d A p r i l 2 3 1 0 0 0 ) ; A p r i l 18 1 0 0 0 a b s o r b e d b y c o n s o l i d a ­
t io n ( p e r p la n V 7 0 . p . M 0 . 8 0 3 ) t h e f o l lo w i n g a llie d p r o p e r t ie s : W i lm in g ­
t o n A W e l d o n R R . . A t l a n t i c C o a s t L in e r a ilr o a d s o f S o u t h C a r o lin a a n d
V ir g in ia , N o r fo lk A C a r o lin a R R .
T h e F lo r id a S o u t h e m a n d S a n fo r d A S t .
P e t e r s b u r g w e r e m e r g e d «n A p r i l 1 0 0 3 , t h e $ 4 , 2 4 1 , 0 0 0 F l a . S o . 4 s a n d $ 7 7 3 , ­
0 00 S a n fo r d A S t . P e t e r s b u r g 4 s b e in g o ffe r e d t h e p r iv ile g e o f e x c h a n g e fo r
9 0 % In A t l a n t i c C o a s t L in e c o n s o l . 4 s .
V . 7 6 . p . U l8 . 0 7 1 .
T h e A tla n tic
C o a s t L in e C o . ( o f C o n n .) o w n s $ 2 4 ,2 5 7 ,0 0 0 c o m . a n d $ 1 ,0 0 0 ,3 0 0 p r e f. s t o c k .
S ee th a t c o . a b o v e . V - 7 0. p . 8 0 3 ; V . 7 1 , p . 1116, 1310; V . 8 3 , p . 560.
S a v a n n a h F lo r id a A W e s te r n R y . ( " P l a n t S y s t e m " ) , w h ic h o w n e d a m i
c o n t r o ll e d 2 .2 3 $ m ile s , w a s m e r g e d J u ly I 1 0 0 2 .
V . 74. p . 774, 820.
I n O o t . 1 0 0 2 f t r t lU lr c d $ 3 0 , 6 0 0 , 0 0 0 o f t h e $ 6 0 , 0 0 0 , 0 0 0 L o u i s v i l l e A N a s h
v l l l e R R . s t o c k f o r $ 1 0 , 0 0 0 , 0 0 0 c a s h . $ 3 5 , 0 0 0 , 0 0 0 In 4 % c o l l A t . t r . b o n d
a n d $ 3 ,0 0 0 ,0 0 0 S to c k ,
V . 73, n . 733. 702. 006; V . 70. p . 783.
in e s ow
(C o n .)— M i l e s .
- 1 am t“ trackage
*
iff*
L in e s owned
—
A llies 7 L
---------ned , A* c- . — '~P n o la J e t . n e a r S a n fo r d t o S t.
R ic h m o n d , V a ., t o P o r t T a m p a .
Petersburg, F l u ............... - .............. 145
F l a ............... - .............................................. 0 0 6
P a ln tk a , F la ., t o B r o o k a v l ll c ..
1 4ft
N o r fo lk . V a ., t o S o u th
R ocky
104
•M ount
. 1 1 8 M l t l d n l c , F I 11. , t o W i l c o x ...............
C o n t c n t n e a t o W i l m i n g t o n . . . . . . 1 0 5 B r a n c h e s , A c - . .............- — ________1 ,3 3 7
L ea sed —
W ilm in g to n . N . C ., to P e c D e o
C e n tr a l R R . o f S o . C a r o lin a —
J u n c t i o n ..................... - ...................... - - 0 7
Lone to Sumter, S. 0 ..............
40
F lo r e n c e , S . C ., t o A u g u s t a , G a - .1 6 6
40
4 3 O t h e r l i n e s . ..............................................
S u m t e r t o C o l u m b i a ...................
Y a d k i n J e t . ( W i l m i n g t o n . N . C .)
T o t a l In e a r n in g s ......................... 4,300
t o S a n f o r d . . . ------------ --- -----------------1 1 6
W a y c r o s s , G a . , t o F O l k s t o n . G a . - 3 4 C l o s e l y a l l i e d t i n e s ( 9 C O each c o ,)
____ 6,310
J c A u p . G a . , t o M o n t g o m e r y . A l a . 3 6 4 L o u isville A N a sh v ille
,111
B r u n s w ic k , G a ., t o A l b a n y — * - - 1 6 0 C h a r le s to n A W e s t C a r o lin a . . .
71
D u p o n t J e t. to F o rt M y ers. F l a . . 340 N o rth w e ste rn R R . o f S o. C u r ..
A l s o o w n s o n e - s i x t h I n t e r e s t In t h e R i c h m o n d - W a s h i n g t o n C o . a n d o n e
h a l f I n t e r e s t In A t l a n t a ( G a .) B e l t L in e C o . . B M m il e s .
L e a s t * . J o in t ly w it h
t h e L o u i s v i l l e ft N a s h v i ll e R R . , t h e G e o r g i a U R . , 5 7 1 in lt o t .
S T O C K .— A l l . C o a s t L in e o f V a . c la s s A ( R ic h . A P e t . e t f* .) t a x - e x e m p t
it o c k w a s a ssu m ed as so m u ch o f th e c o m . s to c k o f th e n ew co m p a n y .
I n N o v . 1 0 0 2 $ 6 , 0 0 0 , 0 0 0 c o m . s t o c k w a s g i v e n In p a r t p a y m e n t o f e o n
t r o l l i n g I n t e r e s t In L o u i s v i l l e A N a s h v i l l e s t o c k . $ 8 , 5 0 0 , 0 0 0 a d d i t i o n a l b e i n g
s u b s c r ib e d fo r as p a rt o f th o s a m e tra n s a ctio n a t $ 12 3 p e r sh a re .
In N o v .
1004 $ 7 ,3 3 0 ,0 0 0 c o m
s t o c k w a s Issu ed a s a 2 0 % s c r ip d iv id e n d .
V . 70.
p
2 2 0 4 ; V . 7 ft. p . 1 2 3 2 .
•S t o c k h o ld c m v o t e d M c h . 8 1006 t o I n c r e a s e t h e t o t a l a u t h o r i z e d s t o c k t o
$ 6 0 0 0 0 .0 0 0 : o f t h e n e w s t o c k (a ll c o m m o n ) , $ 4 ,5 5 7 ,6 0 0 w a s s u b s c r ib e d fo r
b y s t o c k h o l d e r s a t p a r In M a y 1 0 0 6 . r a is in g t h e a m o u n t o f c o m . s t o c k o u t
• t e n d in g t o $ 4 8 ,3 3 7 ,6 0 0 ( I n c lu d in g c la s s " A " s t o c k )
V . 8 3 . p . 4 0 0 , 1293.
• T h e p r e f . s t o c k ( $ 1 8 , 8 3 0 , 0 0 0 ) w a s in 1 0 0 2 m o s t l y e x c h a n g e d f o r 1 2 3 % in
4 % c e r t ific a t e d o f in d e b t e d n e s s .
V . 7 5 , p. 1232.
^ • 'D I V I D E N D S ( % )
’ 0 0 . ' 0 1 . * 0 2 . '0 3 . ' 0 4 . ' 0 5 . '0 6 . '0 7 . 1 0 0 8 .
C o m m o n (I n c b C la s s " A " ) - . - - 2 4 3 4
6 '
6
o5
6
6 3 J a n ..3
P r e f e r r e d (M A N ) ............................. 2 ' * 3
ft
ft
ft
ft
ft
ft .................
• n A l s o 3 0 % In c o m . s t o c k , s c r i p a i m 3 % I n A t l a n t i c C o n s t L i n o C o . I %
ce rt* . o f In d e b te d n e ss.
V . 81. p . 1538.
b J a n , 1 0 0 8 d i v i d e n d w a s p a i d In
A t l . C o a s t L in e R R . 4 % c e r t s , o f I n d e b t e d n e s s .
V . 8 5 . p , 1317
1370.
• ■ " • B O N D S . - F i r s t c o m o l . 4 s o f 1 0 0 2 ( $ 8 0 , 0 0 0 , 0 0 0 1111t h . , l i m i t e d t o $ 2 0 , 0 0 0
p e r i n l l c ) a r e a f i r s t U r n o n a b o u t 0 3 8 m . o f r o a d a t u l a b l a n k e t li e n o n 2 , 9 2 7
m . o w n e d , s u b je c t t o t h o u n d e r ly in g b o n d s .
T h e fir s t c o n s o ls a r e Issu e d o r
r e s e r v e d aa fo llo w s :
Issu e d fo r r e fu n d in g . A c .. V . 7 5 , p . 7 6 ; V . 7 7 , p . 1 8 7 2 : V . <8.
p . 8 1 9 : V . 8 1 . i» . 2 6 3 ( o f w h i c h $ 3 , 7 0 8 , 3 0 0 In t r e a s u r y ) ............... $ 1 7 , 3 2 2 , 4 5 0
Reserved to take up u n d e r l y i n g l i e n s ............... - ........................................... - 28,073,250
R e s e r v e d f o r e x t e n s i o n s . I m p r o v e m e n t s a n d e q u i p m e n t . ............
4 ,0 0 4 ,3 0 0
A m t g e . f o r S 2 . 0 O 0 . 0 0 0 w a s a u t h o r i z e d In N o v . 1 0 0 4 t o a c q u i r e t h e J a c k ­
s o n v i ll e A S o u t h w e s t e r n . M llld a le , n e a r J a c k s o n v ille , F la ., t o A n d e r s o n
8 0 ro llr e , a n d t o e x t e n d th e r o a d 8 0 m ile s .
V . 8 1 . p . 1350.
A s t o t h o $ 3 3 ,0 (1 0 ,0 0 0 c o l la t e r a l t r u s t 4 s o f 1 0 0 2 , s e c " O r g a n i z a t i o n "
above.
T h e y a r e s u b j e c t t o c a ll a t 1 0 5 In a m o u n t s n o t le s s t h a n $ 1 0 0 ,0 0 0 .
T h e r e w e r e o u t s t a n d i n g a l s o J u n e 3(1 1 0 0 7 $ 6 6 , 0 0 0 B r u n s w i c k ft W e s t e r n
I n c o m e b o n d s a n d $ 2 4 7 ,0 0 0 J a c k s o n v il le ft S o u t h w e s t e r n fr e ig h t c e r t ific a t e s .
In 1 0 0 7 Is s u e d $ 4 ,3 0 0 ,0 0 0 4 % e q u ip m e n t t r u s t n o t e s ; a ls o $ 5 ,0 0 0 ,0 0 0 5 %
s tr a ig h t 3 -y e a r g o ld n o te s .
V 8 4 , p . 2 in , 6 06.
T h e W a s h i n g t o n ft V a m l c m c r c 4 4 s ( $ 1 ,5 0 0 ,0 0 0 a u t h o r i z e d , o f w h ic h
$ 7 2 0 , 0 0 0 o u t s t a n d i n g ) a r c g u a r . , p . f t 1 .. b y e n d o r s e m e n t .
V . 8 1. p . 1 M 6 .
L A T E S T E A R N I N G S . — 1 1 0 0 7 --------G r o s s . $ 1 0 , 8 0 0 , 1 1 8 ;
n e t . $ 2 ,1 3 7 ,7 8 0
3 m » M .. J u l y t t o N o v . 3 0 . J 1 0 0 6 _____ G r o s s .
1 0 .1 7 8 ,0 2 4 ;
n e t.
2 .3 7 7 . 0 7 1
R E P O R T f o r t h e y e a r e n d i n g J u n e 3 0 1 0 0 6 w a s g i v e n n t l e n g t h In V . 8 3 .
1 3 .1 3 . 1 3 4 2 ( s e c a l s o e d i t o r i a l , p . 1 3 0 6 1 .
1006 0 7 .
1 0 0 3 -0 6 .
1004 0 5 .
G r o s s r e c e i p t s ............... ..................................$ 2 6 , 7 7 1 , 5 2 8
$ 2 4 ,8 6 8 ,4 4 8
$ 2 2 ,2 2 2 ,0 0 2
O p e r a t i n g r x p e n s r * a n d t a x e s ............ 2 0 , 4 4 2 , 0 2 7
1 6 .8 0 2 .1 0 0
1 4 ,1 8 0 .7 6 7

r> N e t r e c e i p t s f r o m

IY ou L.YXXVl.

ft
ft

B on d s
P rin c i­
pal. W h en D u e
S to c k s - I.ast
D ividen d
S ept
.I n n
Jan
D ec
J u ly
Jan
AUg
J u ly

11107
3%
l 1044
6 1006 2 4
1 1024
1 1053
1 1008 1 4
1 1007 5 %
1 lo io

Sep

1 10.1 4

J u ly
J u ly
Jan
J u ly
N ov
M ay
M ar
M ar
J u ly
J u ly
J u ly
J u ly
J u ly

1
1
I
1
1
1
:
:

eN o v
N ov
June

Meh

1020
1020
1008
1031
1036
1938

looA .i t ;
1008
1025
1025
1048
1048
1026
1025
1025
1025
1041
1048

2 %

1011

do
do

O ct 1 1035
J u ly 1 1 046

do
do
do
do

Sept
Jan
J u ly
J u ly

1
1
1
I

1030
1000
1022
1022

t o C la r e m o n t (3 - f t . g a u g e ). 51 in ., t o t a l . 2 7 5 in .
L eased to S ou th ern R y .
fr o m S e p t , l 1 8 0 0 t o J u ly 1 1 0 4 0 fo r t a x e s , re p a in t. m a in t e n a n c e a m i ca s h
r e n ta l s u f fic ie n t t o c o v e r l o t . c h a r g o r , w it h p r iv ile g e o f re n e w a ls fo r te r m s o f
00 years.
In a d d it io n th e S o u th e r n R y . a g re e s t o p a y th e s a m e ra te o f d i v i­
d e n d s o n c o m . s t o c k ns p a id o n Its o w n c o m . s t o c k . V .7 I .D .4 4 7 : V .7 0 .p .6 2 5 .
S T O C K . — • C o m .. $ 2 , 1 8 0 , 0 0 0 .
P r e f. s h a re s w e r e c a n c e le d p r io r t o J u ly 1
1004.
S e c V - 7 1 . p . 1 8 1 .8 6 2 ; V
7 3 . p. 7 2 2 . 0 3 6 ; V . 7 0 . p 8 2 ft.
B O N D S . — O f t h e $ 4 ,4 2 5 ,0 0 0 H o f 1 0 0 0 , $ 3 0 0 ,0 0 0 c a n b e Is s u e d o n l y fo r
I m p r o v e m e n t s u p o n r e q u e s t o f S o u t h e r n R y . , I n t e r e s t C h arge*, t o b o c o v e r e d
b y I n c r e a s e d r e n t a l.
O f t h e $ 1 .3 2 5 .0 0 0 s e c o n d 4 s r e m a in in g , $ 7 3 0 ,0 0 0 w in
b o Issu ed J u ly I 1 0 0 0 .
V . 7 7 . p . 1 0 3 .— ( V . 7 » , p . 7 8 3 . 0 6 7 .)
A T L A N T IC & G U L F S H O R T

L I N E .— S e e V . 7 3 . p . 6 1 5 ; V . 7 6 . p . 1 3 5 4 .

A T L A N T I C f t L A K E S U P E R I O R R Y . — I n J u l y 1 0 0 4 o p e r a t e d M eta *
p o d ia . Q u e b e c , t o P o s p c h la c , 100 m ile s (B a U w le a C h a lo u i* I t y .) ; o w n e d S t .
u r e g o lr c t o N le o le t . 7 m .; S t. F r a u d s t o Y a m o a k a , 6 m .: Y a m o a k a t o S u r d ,
1 0 i n . ; L a c n U t o t o S t , A n d r e w s . 7 rn ; t o t a l . 1 3 0 m i l t s .
W as under co n ­
s t r u c t i o n , P d s p e b l o c J e t . t o P o r t D a n i e l , 2 1 i n , ; P t a r r a V l i l e t o N l e o l e t , 13 i u . ;
S t . G r c g n lr e t o C h a u d le r c J e t ., 6 7 m ile s .
•
T h e r e o r g a n i z a t i o n p la n d i e d M c b . 1 0 0 7 , g i v e n In V . 8 4 , p . 0 2 0 , V . 8 3 , p ,
0 7 . p r o v id e d fo r Issu e o f $ 7 3 0 ,0 0 0 p r e fe r e n c e . $ 1 ,2 3 0 ,0 0 0 o r d in a r y a n d 5 3 0 0 ,­
0 0 0 d e f e r r e d c e r t i f i c a t e s o f p a r t i c i p a t i o n I n e x c h a n g e f o r € 5 0 0 ,0 o 0 \ . f t L . S .
a n d £ 4 0 0 . 0 0 0 11. d e * O h . b o n d s , f t c .
S e c a l s o V . 8 2 . p . 1 0 .1 0 ; V . 8 f t . p . 2 2 0 .
468,
I n J u l y 1 0 0 7 t h o A t l a n t i c Q u e b e c ft W e s t e r n H y . , It w m u n d e r s t o o d ,
arra n g ed to p u rch a se roa d .
V . 8 3 . p . 1322; V . 8 5 , p . 0 7 : V . 8 0 , p . 167.
D u rin g y e a r I0 0 3 0 4 ro a d w a s o p e r a te d b y tru s te e fo r b o n d h o ld e r s . S t o c k
a u t h o r i z e d . $ 1 0 , 0 0 0 , 0 0 0 : p a r . $ 1 0 1 ); I s s u e d , $ 2 , 6 0 2 , 5 0 0 .
B o n d s o u ts ta n d in g
a s c o lla t e r a l, 0 5 0 0 ,0 0 0 is .
F o r y e a r e n d in g J u n e 30 1 0 0 4 , g r o s s , $ 3 7 ,3 4 6 ;
n e t . $ 1 1 ,6 6 3 ,
P r e s ., l i o n . J . R . T id t m in le a u ; S e c ., E d g a r N . A r m s t r o n g ,
M o n t r e a l . - ( V . H 4. p . 0 2 0 ; V . 8 5 . p . 0 7 . 2 2 0 . 4 6 8 .)
A T L A N T I C ft N O R T H C A R O L I N A R R .
B e a u fo r t t o G o ld s b o r o . N . C ..
S ta te o f N o rth
C a r o lin a o w n s $ 1 ,2 0 6 ,5 0 0 o f $ 1 ,7 0 7 ,2 0 0 s t o c k .
L e a n e d fr o m S e p t . 1 00 4
t o J a n . l 1 0 0 6 t o A t l a n t i c f t N o r t h C a r o l i n a C o . ( t h e le a s e b e in g l a t e r tra m *
fe r r o d t o N o r f o l k ft S o u t h e r n R y . ) f o r in t e r e s t o n b o n d s , t a x e s , & c . . a n d
d iv id e n d * a t a % y e a r ly fo r 2 0 y e a r s . I n c r e a s in g 4 % y e a r ly e v e r y te n y ea rn
u n t i l ■ '% is r e a c h e d , t h e r e a f t e r 6 % ; l e s s e e a l s o a g r e e s t o e x p e n d $ 2 3 0 , 0 0 0
b y S e p t. 2 100 7 fo r I m p r o v e m e n ts a n d e q u ip m e n t.
V . 70. p. 067.
D I V I D E N D S . — * 9 3 . '0 4 . '0 5 . '» 6 . '0 7 . ’ 9 8 . '9 » . 1 0 0 0 0 4 . U n d e r le a s e .
P e r c e n t ...........................
2
2
0
2
2
2
2
0
Sec above.
E A R N I N G S . — F o r y e a r e n d i n g J u n e 3 0 1 9 0 6 , g r o s s . $ 4 0 7 ,6 0 4 ; n e t . $ 1 3 4 .*
7 3 0 ; Other I n c o m e , $ 7 , 2 4 6 ; I n t . . t a x e s . A c . . $ 1 0 3 , 6 0 7 ; d i v i d e n d * , $ 5 3 , 0 1 6 ;
1 m l ., « u r . . $ 2 , 4 6 2 .
P r e s . . F r a n k S . G a n n o n - ( V . 8 .1 , p . 1 3 0 0 . 1 5 2 2 . )

0 8 m l l e r c N e w B e r n t o B a y b o r o . 17 m i l e s ; t o t a l , l i f t m ll c w .

A T L A N T I C QUEBEC f t W E S T E R N R Y .
V . 8 5 . p . 07; V . 8 6 . p . 167.
ATLANTIC VALDOSTA ft WEST ERN R Y .— Sec Georgia S o. f t F l a . R R .
I I R R . —- M
M liU
lie u
A U G U S T A ft S A V A N N A H
n to
01 y r * . a t 5 %
1 8 0 5 r o -le a s e d t o C e n . o f G a . f o r 1
101
N
A U G U S T A S O U T H E R N R R . — O w n *s f( r o m
8 0 m . . a n d S a n d c r s v l l l c A T c n n l l l e R R .. , 4 m

1001
foil Mirths
stock.
1001 acquired about fou
r fifth* of the 1

A u g u s t a ,. G
|«
A
( l aa . . 5
63 m
11 i l e s .
n ss tt oo cc k . — ( V 6
oo n
d 1i .. p
\. 2 3 0 .)
A u g u s t a t o S n m lr n t v lllo . G ft .,
.
T h e S o u t h e r n R y . in J a n .

V. 73, o. 343.

Com. stock.

year
$ 4 0 0 ,.......
0 0 0 ; p r e "f . , *
$ 3 0 0 , 0-1 ) 0 ; p a r $- 1 0 0.
_____ , ending June 30 iono.
______ grow.
$ 1 6 6 ,7 2 7 ; d e f ic it u n d e r o p e r a t i n g . $ 8 ,3 5 0 ; t o t a l d e d u c t i o n s , $ 2 6 ,8 9 1 ; b a l ­
a n c e . d e f i c i t . 8 3 3 .2 4 7 .— ( V . 8 0 . p . 2 2 1 0 . 2 4 3 6 .)
A U G U S T A U N IO N S T A T IO N C O .— O w n s u n io n p a s s e n g e r s t a t io n at
A u g u s t a , G a . , u s e d b y a ll r o a d s e n t e r i n g t h e c i t y . t h e l a t t e r u n d e r t h e i r o p '
c r a t in g c o n t r a c t p r o v id in g fo r In te re st o n th e b o n d s a n d 4 "o d iv id e n d * o a
stock .
S t o c k . $ 7 5 , 0 0 0 (ft % p a i d I n ) , h e l d e q u a l l y h y S o u t h e r n R y , , A t l a n
t ic C o a s t L in o R R . a n d G e o r g ia R R .
V . 78. n. 2333; V . 7 0. p , 600.
prre.
T h o * . K . S c o t t ; S e c . a m i T r e a s . . C a r l t o n l i i l l y c r , — ( V . 8 2 , p 4 8 .)
A U S T I N ft N O R T H W E S T E R N R R . - S e e H o u s t o n ft T e x a s C e n tr a l R y .
A V O N G E N E S E O f t M T . M O R R I S U R . - M t . M o r r i s t o A v o n , N . V . , 11
r n llr e .
L e a s e d t o E r i c H R . F e b 2 6 1 8 0 6 In p e r p e t u i t y ; r e n t a l ( a f t e r 1 0 0 1 ) ,
3 4 % o n s t o c k . - ( S e c V . 6 3 . p . 5 1 2 : V . 6 2 . p 3 1 8 , 5 8 0 .)
B A L I) E A G L E V A L L E Y R R .
O w n s fr o m V a il S t a t i o n , P a ., t o L o c k h a v e n . P a . . 31 i n .; b r a n c h e s t o S u g a r C o m p , f t c . , 4 3 m .
L eased to P en n .
R R . C o . fo r 9 0 yearn fr o m D e c . 7 1 8 6 4 .
R e n t a l. 4 0 % o f g r o s s e a r n in g s .
C a s h d i v i d e n d s o f 10 % y e a r l y ( F A A ) a r e p a i d ; o n M a y I 1 0 0 6 o 0 % s t o c k
d iv id e n d w a* p a id .
V
82. p. 867.
P e n n . R R . o n J a n . 1 1007 o w n e d
$ 7 6 0 ,8 0 0 s l o c k a n d In S e p t . 1 0 0 7 h a d o b t a i n e d o v e r 0 0 % o f t h e r e m a i n i n g
s t o c k u n d e r Its o ff e r o f 3 s h a r e s o f Its s t o c k a n d $ 3 0 c a s h f o r e a c h s h a r e o f
B a ld E a g le s t o c k .
V . 83. p. 08. 344, 721.
B A L T , ft A N N A P O L I S S H O R T L IN E R R . — S e e S tr e e t R a ilw a y S e c t io n .
B A L T I M O R E C H E S A P E A K E ft A T L A N T I C R Y . — O w n s C la ib o r n e to
O c e a n C i t y , M d .. 8 7 i n .; b r a n c h . I i n .; t o t a l , 8 8 r n .; f r o m C l a ! h o m e t o B a lt l
m o r e , 4 4 m . , t r a n s f e r Is m a d e b y w a t e r ; s t e a m e r l i n e * o w n e d . 1 ,1 3 1 m . ; t o t a l
m i l e a g e o w n e d a n d o p e r a t e d . 1 .2 1 U r n . C o n t r o l l e d b y P e n n . R R . a n d a l l i e d
lin e s* .
V 6 9 . p . 5 4 1 ,5 0 0 : v . 5 0 . p . 3 7 1 .
P r o f , stock, $ 1 . o o o . u o o ft % c u m . ;
c o m . $ 1 ,0 0 0 ,0 0 0 .
I ) l v . o n p r e f . . 2 % M c h . I 1 0 0 5 ; In 1 0 0 6 . M e n , , 3 % ;
O c t . . 2 % : In 1 0 0 7 , M e h . . 3 % : S e p t . . 2 % .
T h e 4 t o o U h o l d e c f v o t e d o n J a n . 2 6 10 0 5 t o a c q u i r e a m a j o r i t y o f t h e M to o k
o f t h e M a r y la n d D e la w a r e ft V ir g in ia R y . , e x t e n d in g fr o m Q u e e n s t o w n ,
M d ., t o L e w e e , D e l., w ith b r a n c h e s , a to t a l o f 7 7 m .. a m ! g u a r a n te e $ 2 ,0 0 0 ,­
0 0 0 o f It* l i n t m t g e . b o n d * .
S ee th a t c o .. V . 8 0 . p . 116, 1058.
F H eal y e a r n ow en d * D eo. 3 1 .
R e p o r t f o r y e a r e n d i n g D e c . 3 1 1 0 0 6 la
V . 8 4 . p . 1 3 0 2 , S h o w i n g g ro K ti, $ 0 1 0 , 0 1 3 ; n e t . $ 2 2 0 , 6 0 1 • • o t h e r i n c o m a ,
$ 1 4 ,6 0 0 ; In te rcu t a n d t a x e s . $ 7 8 ,8 6 i; I m p r o v e m e n t s . 5 4 0 .0 0 0 : d i v id e n d o n
p r e f. s t o c k ( 3 % ) . $ 7 5 ,0 0 0 ; b a l .. d e f . . $ 3 3 ,8 0 3 .
(V . 8 4 , p
1 $ 0 2 .)
B A L T I M O R E ft C U M B E R L A N D ( R R
A N D R V . l . - T h e B a ll road n t e n d * fr o m S t a t e L in e , M d .. t o W a y tic M h o r o . P a . . 4 .5 3 m H r e ;n t o e k , $ 7 6 ,7 0 0 ,
in $ 5 0 s h a r e s .
T h e R a ilw a y e x t e n d s f r o m K d f c n i o n t . M d . . t o S t a t e I . i n e ,
P a .. 3 m
n t o c l r . 3 4 2 , 5 0 0 , In $ 1 0 0 s h a r e * . B o t h n r c l e a s e d t o W r e t e r n
M a r y la n d H R . fo r 5 0 y e a r* fr o m J u ly l 1 6 7 0 . w ith p r iv ile g e o f r e n e w a l o r
p u r c h a s e : r e n t a l. In te re s t o n b o n d s .
B A L T I M O R E ft C U M B E R L A N D V A L L E Y E X T E N S I O N R R — W a y n e s ­
b o r o t o S h lp n e n s b u r g . P a .. 2 6 .3 2 m llr e .
L e a s e d t o W e s te r n M a ry la n d U R .
fo r 3 0 y e a r * fr o m J u ly l 1 8 8 1 , w ith p r iv ile g e o f r e n e w a l, f u r l n t c r m t o n b o n d s
a n d d i v i d e n d o n s t o c k , a m o u n t i n g in a l l t o $ 3 8 , 7 3 0 .
S ea ta b le a b o v o and
V . 7 3 . p . 6 6 3 , — ( V 7 5 , p . 6 6 3 .)




to

RAILWAY STOCKS AND BONDS.
R A IL R O A D S

F o r explanation o f colum n headings. A c . , s e e n otes
on first page o f tables

M iles
of
Hoad

D ata
of
Ilontls

[VOL. LXXXVI.

IN T E R E S T OR D I V I D E N D S
S i sc, or
Par
V a lue

Am ount
Outstanding

R ate

lIG ie n

%

Payable

W h ere P a y a b le , and by
W h om

B on d s — P r i n c i ­
p al, W h en D u e
S to c k s— L a st
D ivid en d

B a l t i m o r e & O h i o {Concluded) —

B o n d * U n d erlyin g Pittsburgh L a k e E r ie A

W e st.

C lc v D o r it W h e e l e o n s M (n o w 1 st) g o ld - . U s in .e *
G e n e r a l m o r t g a g e $ i , 0 0 0 .0 0 0 gold r e d e e m 1 0 a . N .o
C o n s r e f M * 1 0 ,0 0 0 ,0 0 0 g o ld re d a t 1 0 2 M - -T fl.c *
C l e v e la n d T e r m A V a lle y 1 s t M g o ld g u a r . M e .c * A r
M o u o u g n h c l a R l V R R 1 st M g o l u g u a r B A O
C e .c *
O h io A L it t le K a n R y 1 st M 1 2 5 0 ,0 0 0 r e d 1 0 0 g o ld
O h io R i v e r fir s t D o r t n i r c (1 2 ,0 0 0 ,0 0 0 ) g o ld
F P .c
G e n e r a l m o r t g a g e ( $ 5 ,0 0 0 ,0 0 0 ) g o l d 1 st o n 3 0 m e *
R i\ V S p & O l 1 s t M $ 4 0 0 , 0 0 0 g g u a r p & 1 . . E P . C
H u n t in g t o n A B ig S 1 st M ($ 4 0 0 ,0 0 0 ) g g u u r . c*
R l n l c y ec M ill C r e e k 1 s t M r g u p A l e n d -------- 0 * A r
P i t t s b u r g h C l e v e l a n d A T o l e d o D ra t m o r t g a g e g o l d .
r iL t n t i u r i r h N e w c a s t l e A L K 1 s t M e x t e n d e d I n g o l d
P it t s b u r g h A W e s t e r n 1 st c o n s M $ 1 0 ,0 0 0 ,0 0 0 g
c*
l l l w o o d S h o r t L in e firs t m t g e g o l d $ 3 0 0 ,0 0 0
.(1
W V n A P 1 st M g o ld 5 s s c a le d ; r e d a t p a r . M c B x .c

' train la
192
192
102
88
30
72
172
209
33
11
13
77
30
215
3
176

Leased L in e s, A c . , S ecu rities
H a lt A N e w Y o r k R R 1 st m t g e g o l d g u a r . M c B a . c & r
M o n R i v e r C o a l M $ 1 .5 0 0 ,0 0 0 g o ld s i r e d e e m a t p a r
S c h u y l k i ll R i v e r K S R R 1st M g o ld g u a r p A J e n d .
S t a t e n Isl R a p T r a n 1 st M $ 1 .0 0 0 .0 0 0 g $ o r £ . U s , c *
N e w m o r t g a g e $ 3 , 0 0 0 , 0 0 0 ------------------------- ---------------------S t a t e n I s l a n d R y ttrst m t g e $ 1 , 0 0 0 , 0 0 0 g o l d
M c .C *
B altim ore A O h io E q u ip m en t Obligations —
G r o u n d r e n t H en s m | sc e a r t r u s t s A o J u n e 1 0 0 7 F a lr m C o a l e a r t r a s s u m d u e $ 1 0 2 ,0 0 0 y e a r ly M B a .e *
B a ll im o r c & P o t o m a c — S e c P h lla B a lt A W a s h i n g t o n
B a n g o r & A r o o s t o o k ’ S l o c k ( s e e t e x t ) .............................
F i r s t m o r t g a g e ( $ l f t . o o o p e r m i l e ) g o l d ...................G . e *
S e c o n d m o r t g a g e g o l d ..................
..................... . . . U s m
F ir s t m o r t g a g e P is c a t a q u is D lv $ 1 ,3 0 0 ,0 0 0 g - . O . e *
V Bur E x t e n s i o n f t w t m o r t g a g e $ 3 0 0 ,0 0 0 g o l d . ( l . e *
A r o o s t o o k N o r t h e r n llr s t m t g e $ 2 2 3 ,0 0 0 g o l d
(l.e *
C o n s o l r e fu n d in g m o r t g a g e $ 2 0 ,0 0 0 ,0 0 0 g
.O B .o *
M e d f o r d E x t e n s i o n 1 st M $ 1 , 0 0 0 ,0 0 0 g o l d
U s .e *
A r o o s t o o k C o u n t y b o n d s (a s s u m e d )
----------------------------

. - -

12
11
. . .

13

. . .

211
211
77
33
1 5 *->
412
28
. . .

1.1

1803
1806
10 0 0
1893
1 885)
1000
1886
18 8 7
1890
1892
1888
1882
187.H
1887
1892
1890

$ 1 ,0 0 0
1 .0 0 0
1 .0 0 0
1 ,0 0 0
1 .0 0 0
1 .0 0 0
1 ,0 0 0
1 ,0 0 0
1 .0 0 0
1 ,0 0 0
1 ,0 0 0
1 .0 0 0
100 A c
1 .0 0 0
1 .0 0 0
1 ,0 0 0

l.onn
,ooo
i.noo

1889
1895
I 903
1883
1905
IflU.'l

1 .0 0 0
l.o o o
i

ln < m

t ,66<>

1893
1893
1899
im m
1807
1901
1907
'9 2 - '0 3

100
1 .0 0 0
1 .0 0 0
1 ,0 0 0
1 .0 0 0
i ,u o o
1 .0 0 0
1 .0 0 0
1 .0 0 0

BALTIMORE & HARRISBURG RR.— Emory■ Gi
......
G r o v e , M d ., t o O
r r t.........
anna,
P a . , 3 0 n i .. w it h b r a n c h e s . 7 m . . t o t a l . 66 m . L e a s e s B a lt . A H a r r is b u r g R y . .
W e s t e r n e x t e n s i o n . O r r t a n n a t o H l g h l l e l d , 15 m . , g u a r a n t e e i n g I n te r e s t o n
Its b o n d s .
L e a s e d t o W e s t e r n M a r y la n d R R . f o r 3 0 y e a r s fr o m O r t . 23
1 8 8 6 ; r e n t a l. In te re s t o n b o n d s a n d 5 % o n p r e f. s l o c k (a ll p a id M A N ) .
S t o c k , c o m . . 5 6 0 0 . 0 0 0 ; p r e f . . 5 2 U .I O O .— ( V . 4 4 . p . 8 1 2 . )

JJ.O O O .O O O
8 0 0 .0 0 0
9 5 0 .0 0 0
3 ,3 0 2 .0 0 0
7 0 0 .0 0 0
2 2 H .0 0 0
2 .0 0 0 ,0 0 0
2 ,9 1 1 . 0 0 0
3 7 6 .0 0 0
3 0 3 .0 0 0
3 0 ,0 0 0
4 4 1 .0 0 0
8 2 ,1 0 0
7 0 3 ,0 0 0
3 0 0 .0 0 0
4 ,0 0 0 ,0 0 0

A
5 g
3 g
J
•n, u J
M
4 g
F
5 g
M
5 g
J
3 g
A
5 «
F
6 g
J
6 g
6 g
F
6 g
A
J
4 g
4 g
J
J
A
4 g

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

O C o 's O f f i c e , 2 W a ll S t .N V
IJ
do
do
do
do
J
N
do
do
\
do
ilo
S
do
do
I)
do
do
0
do
do
A
do
do
J
do
do
A
do
do
O
do
do
D F i r s t N n t D ie . A l l e g h e n y
J J P M organ A C o. X Y
J C n 's o f f i c e , 2 W a l l S t N Y
(J
do
do

J u n e I 1017
J u ly t 1 0 1 7
Jan
1
A p r 1 1000

3 0 .0 0 0
7 6 5 .0 0 0
3 ,0 0 0 ,0 0 1 1
1 ,0 0 0 ,0 0 0
S ee tex t
3 1 1 ,0 0 0

5
5
4
6

A
A
A
A

N
do
do
D A m e r B o n d in g A T r .B a ll
1)
O r o o t W h ite h a ll S t. X V

M ay
D ee
June
Jan

A

D N ew

J u n e 1 1043

See

3 g

A

S M a r y l a n d T r u s t C o , B a lt S e p t 1 0 0 8 - 1 8

tex t

g
g
g
g

M
J
J

A

■IM K J

2 . 3 4 2 . 0 0 0 4 In 1 9 0 7
3 ,3 6 0 .0 0 0
5 g
I t 2 .0 0 0
3 g
1 .3 0 0 .0 0 0
3 U
5 0 0 ,0 0 0
3 g
2 2 3 ,0 0 0
3 g
6 .4 4 1 .0 0 0
4 g
l ,0 0 0 ,0 0 0
3 g
7 2R ,U l)rt

M

A
J
J
A
J
J
A
.1
J
A
A O
A
A
()
A
A 0
A
J
J
A
M
N
V a rio u s

Y o r k J C liy

C h e c k s m a ile d
G u ar T ru st C o, N ew Y ork
do
do
do
do
do
do
do
do
n r o t v i l l l r o i . N Y : * Hunt
do
do
F o u r t h N’ a l H i t , U o s t o n

O rt
June
Jan
N ov
F eb
M o ll
June
Apr
Aug
J u ly
Aug

I
1
I
I

1033
1030
1030
I003

1 101U
1 1030
1 1030
X 1037
l 1020
l
l ' 1008.

1022

Oct 1

1022

1022

1
I
l
1

1030
1013
1023
1013

Jan
1 0 'o n 2 %•
J a n 1 1043
J u ly 1 1 013
J a n 1 1 01 3
Jan
l 1043
Oct 1 1 0 1 7
J u ly l 1031
M a y I 10 3 7
Sept 1 2 J u l y 1 3

O f w h ic h to b e Is s u e d o n ly a t th e r a te o f n o t e x c e e d in g $ 1 ,0 0 0 ,.
000
p e r y e a r f o r t h e llrs t t w o y e a r s a m i t h e r e a ft e r a t th e
r a t e o f n o t e x c e e d in g $ 5 0 0 ,0 0 0 p e r y e a r , f o r t h o e n l a r g e ­
m e n t . b e t te r m e n t o r e x t e n s io n o f th e p r o p e r tie s c o v e r e d .
6 ,0 0 0 ,0 0 a
O f w h i c h In p a r t i a l e x c h a n g e f o r o l d b o n d s . . . . . . . ............. —
t o . 5 6 9 .0 0 0
S o ld to a s y n d ic a t e fo r ca sh r e q u i r e m e n t s ... — . . . . . . . .
. . - l.o o o .o o o
BALTIMORE & OHIO RR — (S ee M a p . ) — R O A D . — O p e r a t e s f r o m l l a l t l - a s Op af rtth icso lIlsastueer a$l6 f, 1o r7 5P, 4i t8t 0s . IsL aInk eh aEnrdi es oA f Wt hees tp uVbnl.i cS ay ns tde m$ 7 ,46s3. 5 , 0 5 0 p l e d g e d
m u re t o P h ila d e lp h ia a n d B a lt im o r e t o C h i c a g o , C in c in n a t i a n d S t . Ix roto;
N o te . — T h e u n d e r l y i n g b o n d s s t i l l o u t s t a n d i n g In J u l y 1 9 0 7 a r c In t a b l e
t o t a l m ile a g e le a s e d , o w n e d a n d o p e r a t e d In J u ly 1 0 0 7 , 4 .0 0 6 m il e s . ‘ ’ R o y a l
at lo p o f p a g e.
T h e u n d e r l y i n g s t o c k s s t i l l III t h e h a n d s o f t h o p u b l i c
B l u e L i n e '* ( s e e C e n t r a l R R . o f N . J . ) g i v e s a c c e s s t o N e w Y o r k .
A g g r e g a te d $ 2 1 .3 2 7 p a r v a lu e .
T h e s y s t e m e m b r a c e s , s u b j e c t t o m o r t g a g e s , t h e f o l l o w i n g lin e s :
( 5 ) Pittsburgh D ik e E r ie A W est V irginia S ys te m m t g e r e f u n d i n g 4 ? '„ g o l d
“ r . "It rn ---------'
P
3 H %*M
— "( 1 , 0—7 6 m .“} M' i1“
l e s* P i t t s b u r g h A W e s t e r n _____ _______ a 2 l
b o n d s ( a u t h o r i z e d a m o u n t $ 7 5 , 0 0 0 , 0 0 0 ) a r e a H en o n 1 ,6 4 2 m i l e s , c o n s i s t i n g
77
B a l t , t o W h e e l i n g . B e l p i e . O . . A c . 7 2 1 P l t t s b . C l e v e l a n d A T o l e d o ...........
o f t h e O h io R iv e r , C lo v e . L o r a in A W h e e lin g , P it t s b u r g h A W e s t e r n . A c .,
...
33
C u i n b . t o P l t t s b . A W . , A e ------------- 3 3 3 P l t t s b . P n l n c s v . A F a l r p o r t
fo r m in g a d ir e c t c o n n e c t io n w ith P it t s b u r g h . C le v e la n d , F a l r p o r t . L o r a in
Eastern Ohio............................. 1 7
1*t M . 1 % — (5 8 1 m ile s .)
u n d S a n d u s k y , s u b je c t t o u n d e r ly in g b o n d s o u t s t a n d in g t h e r e o n (s e e ta b le
T r u m b u l l A M a h o n i n g __________
11
B a l t . It) P h l l a . a n d b r a n c h e s .............1 3 7
above)
I n S e p t . 11)05 $ 2 0 , 0 6 0 , 9 5 0 a d d i t i o n a l u n d e r l y i n g b o n d s . I n c l u d i n g
30
C h i c a g o . 111., t o A k r o n . O ---------------- 3 7 8 M o n o n g a h c l a R i v e r H R ...........
$ 7 , 6 3 5 , 0 3 0 P l t t s b . J u n e . A M i d d l e D l v . S M * » w e r e h e l d In t r u s t a s p a r t s c
02
B r a n c h e s t o F a i r m o n t . W . V a . , A c . 6 6 C l e v o . T e r m i n a l A V a l l e y ..............
e u r lly .
O f t h e t o t a l Issu e: o f b o n d s . $ 3 2 , 7 8 5 , 0 0 0 a r c r e s e r v e d t o r e t i r e u n d e r ­
C lo v e . L o r a in A W h e e lin g R y . ,
S outh W . D lv . 3 4 % M —
l y i n g b o n d s a n d t h e r e m a i n i n g $ 1 0 , 8 6 8 ,0 0 0 a t e I s s u a b l e f o i a d d i t i o n s a n d
W h e e lin g t o C le v e la n d , A c . ..a 105
llo ln t r , 0 .. v l n C ln c ln . to S t .L . A c 0 3 0
I m p r o v e m e n t s . S ee b ill s t a t e m e n t , V .7 4 . p . 2 6 6 ; V .7 9 , p .2 7 9 3 ; V . « 0 , p . l 4 2 3 .
O h io R i v e r R R . L in e s —
puts. Jet. 3 4 % Af — < 3 8 4 m i l e s )
( 6 ) T h e 4 % d c & t 'fif u r e j o f 1 9 0 1 a t e c o n v e r t i b l e a t t h e o p t i o n o f t h e h o l d e r
B
e
n
w
o
o
d
t
o
W
h
e
e
l
i
n
g
,
A
c
.
.
.
r
i
2
6
3
B e l l a l r e t o M i d l a n d City. O.........)
I n to c o m m o n s t o c k a t p a r o n 3 0 d a y s ' n o t ic e (s e e V . 7 3 . p . 1 1 3 9 ); t h e y m a y
3a
S h a w n e e t o S a n d u s k y . O ................... J 3 7 7 W e s t V i r g i n i a S h o r t L i n e R R ___
b e c a l l e d f o r p a y m e n t a t p a r a m i I n t e r e s t o n a n y I n t e r e s t d n v . In t h e I n v e r s e
74
P i t t s b u r g h J u n c t i o n R R .....................
7 O h i o A L i t t l e K a n a w h a R R _____
o r d e r o f t h e ir n u m b e r s .
V . 7 2 . p . 2 82 : V , 7 3 , p . 3 3 7 , 1 158; V . 7 5 . n . 6 49 .
P .L J 2 , A I F . V .S U sA % A f . ( ♦ ! if l 4 2 m .)
( 7 ) N n e York D iv ision and T erm in al 1st -lx ( a u t h o r i z e d a m o u n t $ 1 0 , 0 0 0 , ­
W e s t V i r g i n i a A P i t t s b u r g h .............1 7 6 T o t a l o f a l l ( a d d i n g B a l t i m o r e
0 0 0 ) a r e s e c u r e d b y d e p o s i t w i t h t h e t r u s t e e o f n il t h e S t a t e n I s l a n d R a p i d
Bolt and other lines)........... 4.162
T r a n s it r e fu n d in g 4 s a s Issu ed ( $ 6 ,0 0 0 ,0 0 0 a u t h o r i z e d ) , a ll th e $ 3 6 0 ,0 0 0
• I n c lu d e s 3 8 4 m . . a ls o c o v e r e d b y P i t t s . J o t . 1st M .
a S e e th is c o m p a n y .
B a lt . A N . Y . 1st 5 s a n d t h e e n t ir e s t o c k s o f t h o s e c o m p a n i e s .
O f th e
H I S T O R Y . — R e c e i v e r s w e r e a p p o i n t e d In F o b . 1 8 0 6 . b u t o n J u l y 1 1 8 0 0
b o n d s $ 5 , 0 0 0 ,0 0 0 w e r e I s s u e d o n J u n o 3 0 1 9 0 7 b u t h e l d I n t h e t r e a s u r y , t h e
b a la n c e b e in g r e s e r v e d fo r t h e fu r t h e r e q u ip m e n t , d e v e l o p m e n t a n d e x t e n ­
t h e m a d p r o p e r w a s r e t u r n e d t o t h e c o m p a n y , t h e r e o r g a n i z a t i o n p l a n (I n V .
s i o n o f t h o S t a t e n I . p r o p e r t i e s I n c l u d i n g B a l t . A N\ Y . R y . V . 8 3 , p . 1 0 1 2 .
6 6 . n . 1 2 3 5 ) h a v in g b e e n c o n s u m m a t e d w it h o u t f o r e c lo s u r e , a n d th e m a il
I n N o v . 1 9 0 7 t h e H a lt . A O h i o p u r c h a s e d 2 .0 0 0 c a r s f r o m t h e F a i r m o n t
v a s t l y I m p r o v e d In p h y s i c a l c o n d i t i o n .
T h e B . A O . S o u th w e ste rn w as re­
C o n i C o ., a s s u m in g p a r t o f $ 1 ,6 2 9 ,0 0 0 5 %
o a r -t r u s t b o n d s , d u o $ 1 0 2 ,0 0 0
o r g a n i z e d p e r p l a n In V 0 7 . p . 6 8 8 , t h o c o n s o l , i n t g e . o f 1 8 0 3 h a v i n g b e e n
fo r e c lo s e d .
I n 1 0 0 0 n e w s e c u r it ie s w e r e Issu e d u n d e r th e p la n o f r e o r g a n iz a ­
y e a r ly to S e p t . 1 9 1 8 .
V . 83, p . 1404.
L E A S E D L I N E S .— S c h u y lk ill R iv e r E a s t S id e 5 % b o n d s w e r e p u r c h a s e d
t io n o f t h e C e n t . O h io a n d o t h e r lin e s .
V . 6 7 , p . 688. 1206. 1356.
In M a y
D ec*. I 1 9 0 3 a t 1 1 0 . p e r V . 6 8 . p . 4 0 . a n d $ 3 . 0 0 0 , 0 0 0 n o w 4 s I s s u e d g u a r a n ­
1 0 0 6 th e h o ld in g s o f C o n s o lid a tio n C o n i s t o c k w e re s o ld .
V . 8 2 , p . 1030.
te e d . p . A I ., b y e n d o rs e m e n t,
V . 7 7, p. 1746; g u a ra n ty . V . 8 1 , p . 727.
T h e c o m p a n y r e c e iv e d p e r m is s io n t o p a y o f f t h e $ 1 5 ,1 4 0 ,0 0 0 C h ic . T e r ­
T h e W e s t V i r g i n i a A P i t t s b u r g h ( s e e a g r e e m e n t In V . 6 7 . p . 1 3 1 0 ) h a s
m in a l T r a n s fe r 1st 4 s , w h ic h w e r e c a ll e d a n d r e d e e m e d M a y 3 1 0 0 7 .
An
b e e n o p e r a t e d s in ce S e p t 1 1 899 u n d e r a 9 9 y e a r s ' le a s e , fo r 4 % o n th e m t g e .
o p t i o n o n $ 1 ,8 0 0 ,0 0 0 C h ic . T e r m . T r a n s fe r m in o r it y p r e f. s t o c k a t $ 2 5 a
t o b e a p p r o p r ia te d t o p a y m e n t o f b o n d In te re st.
V . 6 9 . p . 139.
s h a r e e x p i r e d D e e . 3 1 1 0 0 7 , b u t I t la t h o u g h t m a y b e t a k e n u p a g a i n l a t e r .
T h o B . A O . a c q u ir e d at 125 $ 1 ,9 3 6 ,0 0 0 o f t h e $ 2 ,4 0 0 ,0 0 0 P it t s b u r g h
8 6 . p. 52.
V . 8 1 . p. 8 67 . 0 30 . 1113; V . 85. p . 08. 1200.
V.
C lc v e . A T o le d o b o n d s .
V . 7 0, p. 632; V . 7 6, p . 47.
R E A D I N G C O ., A c .— In 1001 $ 6 8 ,5 6 3 ,0 0 0 (v ir t u a l c o n t r o l) o f th e $ 1 4 0 .­
F I N A N C E S .— In S e p t . 1901 th e a u t h o r iz e d Issu e o f c o m m o n s t o c k w a *
0 0 0 .0 0 0 R e a d i n g C o . s t o c k , c o n s i s t i n g o f $ 1 2 , 1 3 0 , 0 0 0 f i r s t p r e f . . $ 2 8 , 5 3 0 , 0 0 0
I n c r e a s e d f r o m $ 4 3 , 0 0 0 , 0 0 0 t o $ 6 0 , 0 0 0 ,0 0 0 , t o p r o v i d e f o r c o n v e r s i o n o f
s e c o n d p r e f . a m i $ 2 7 ,1 ) 0 5 .0 0 0 c o m . w a s a c q u i r e d , t h o L a k e S h o r e A M ic h i­
$ 1 5 . o o o , » 0 ( ) d e b e n t u r e is I s s u e d In M a t c h iw o i f o r I m p i o v e m c n t * . A c . ( V
g a n S o u t h e r n R y . C o . (V a n d e r b ilt s y s t e m ) t a k in g a b o u t o n e -h a lf.
In 1004
7 2 . p . 2 8 2 . 3 3 7 .)
In J u l y 1 9 0 7 $ 1 4 .8 6 0 .0 0 0 d e b e n t u r e s b a d b e e n c o n v e r t e d .
th e B . A O . a n d L . S . A M . S . e a c h s o ld $ 3 ,0 5 0 ,0 0 0 o f th e c o m m o n .
V. 76.
S t o c k h o l d e r s In 1 9 0 1 s u b s c r i b e d t o $ 2 2 ,3 3 7 ,2 0 0 a d d i t i o n a l c o m m o n s t o c k n t
. 101; V . 8 0 . p . 185 6.
I n 1 0 0 3 a o n c - s l x l h I n t e r e s t In $ 6 , 0 2 4 , 2 0 0 i f t h e
n a r ( V . 7 3 , p . 1 1 6 9 ; V . 7 4 . p . 1 6 0 , 2 6 6 ) , a n d 111 1 9 0 2 t o a f u r t h e r $ 4 2 , 3 1 6 , 8 6 0 ,
l l . 0 0 0 ,0 0 0 H o c k i n g V a l l e y R y . c o m . s t o c k w a s a c q u i r e d .
V . 7 7 , p . 1225;
a t s a m e p r ic e , w it h $ 2 0 ,6 3 3 ,0 0 0 a p p l ic a b l e t o e q u ip m e n t , $ 0 ,3 2 9 ,0 0 0 t o
V . 7 0. p. 2746; V . 83, p. 37.
d o u b le -t r a c k in g b e tw e e n N e w c a s tle a n d A k r o n , a n d m is c e lla n e o u s c o n s t r u c ­
P E N N S Y L V A N IA
R R . I N T E R E S T .— T h o P e n n s y lv a n ia R R . C o . p u r ­
t i o n . a n d t h e r e m a i n i n g $ 1 2 , 4 6 4 , 0 0 0 to a c q u i r e s t o c k , b o n d s . A c . , t o l>c
c h a s e d a l a r g e I n t e r e s t In 1 0 0 0 - 0 1 a n d o n J a n . 1 1 0 0 7 o w n e d d i r e c t l y $ 1 4 . ­
p l a c e d u n d e r P i t t s . L a k e M . 4b VV. V q . S y s t O i n m t g C .
V . 75. p . 549. 080.
2 7 3 .6 0 0
p r e f. a n d $ 5 ,7 2 5 ,0 0 0 c o m . s t o c k ; a ls o — t h r o u g h t h e N o r th e r n C e n ­
S t o c k h o l d e r s In A p r i l 1 9 0 6 s u b s c r i b e d T or $ 2 7 , 4 6 0 , 7 6 9 n e w c o m . s t o c k a t
tr a l a n d P h ll a . B . A W . (e a c h o w n in g o n e - h a l f ) — $ 2 ,0 0 0 ,0 0 0 p r e f. a n d $ 2 .­
p a r . th e p r o c e e d s t o b e u s e d fo r c o n s t r u c t io n . I m p r o v e m e n t s a n d e q u ip m e n t
0 0 7 .4 0 0
c o m . s t o c k , a n d t h r o u g h th e P e n n s y lv a n ia C o . $ 5 ,0 0 0 ,0 0 0 p r e f. a n d a n d t h o r e d e m p t io n o f $ 8 ,9 1 6 ,0 0 0 c o lla t e r a l t r u s t n o te s d u e M a y 1 1 9 0 6 ,
$ 1 3 ,4 5 1 ,2 0 0 c o m . s t o c k .
V . 7 0, p . 76; V . 7 4, p . 528; V . 78, p . 1276.
In
r a is in g t h e a m o u n t o u t s t a n d i n g t o $ 1 5 * .1 7 4 ,8 0 0 ,
y , 82, p. 867. 927;
S e p t . 1006 t h e P e n n . R R . s o l d a b o u t $ 3 2 ,3 3 4 ,2 0 0 c o m
a n d $ 7 ,2 0 6 ,4 0 0 p r e f.
V . 83, p . 491, 1042.
.
.
_ „
II.
A O . s t o c k h e l d ( a p p r o x i m a t e l y h a l f Its t o t a l s t o c k h o l d i n g s ) , t h e u n i o n
I n 1 0 0 5 d i v i d e n d o n c o m m o n w a s r a i s e d t o 5 % . a n d In 1 0 0 6 t o 6 % .
P a c ific s y s t e m (O r e g o n S h o r t L in e ) p u r c h a s in g s a m e .
V . 83, p. 562. 686.
A s t o R e a d in g C o . d iv id e n d . In cre a se d m l 0 0 5 . se e th a t c o m p a n y .
1036; V . 84. p . 5 0. 560.
E a r n in g s o f J u ly 1 9 0 7 . b a s e d o n 4 .0 0 6 m ile s ,
e n tir e s y s t e m , e x c e p t
S T O C K . — A u t h o r i z e d is s u e s : C o m m o n , $ 1 0 2 , 7 5 0 , 0 0 0 , s e e " G e n e r a l F i ­
V a lle y R f l . o f V ir g in ia , it a v e n s w q o d S p e n c e r A G lc n v lllo , O h io A L lt t lo
n a n c e s " b e lo w ; p r e f. 4 % n o n -o u m u la t lv c , $ 6 0 ,0 0 0 ,0 0 0 ; o u t s t a n d in g , s e e t a ­
K a n a w h a . C le v e la n d T e r m in a l A V a lle y , C le v e la n d
L o r a in A V V h c e ln e
b ic a b o v e a n d " G e n e r a l F in a n c e s ." P r e f. s t o c k d iv e , a re lim it e d to 4 % .
E A R N I N G S - — 6 m 0 s . . l I 9 0 7 ...............G r o s s . $ 4 2 , 8 8 5 , 1 4 3 ; n e t . $ 1 2 , 0 8 9 , 3 4 2
( S e c V . 7 1 . p . 1 1 6 6 , a n d e d i t o r i a l , p . 1 1 4 3 ; V . 7 2 , p . 1 1 8 6 .)
*
•
•
-•
J
1
U
0
6
...............
G
r
o
s
z
,
4
1
.
7
7
1
,
1
9 7 ; n e t,
1 4 ,9 4 3 .0 9 3
J u l y i t o Deo. 91
D IV ID E N D S . 1000.
1001. 1002. 1003. 1004.
1003. 1006. 1007. 1008.
ANNUAL REPO RT. R e p o r t f o r y e a r e n d i n g J u n e 3 0 1 9 0 7 w a s In V . 8 6 .
2
4
4
4
4
4 M
3 VS
6 M o h .,3
C o m m o n ( % ) _______
. 90
999
lion.
A v e r a g e ra te p e r to n p e r m ile ,
, ,1 1
08.
“( S e e a l s o e d i t o r i a l , p . 0 7 6 . )
P r e fe r r e d ( % ) . . .
4
4
4
4
4
4
4
4 M e h .7
. , 20 m i l l s In 1 0 0 6 - 0 7 a g a i n s t 5 . 6 0 m i l l s I n 1 9 0 3 0 0 ; a v e r a g e r e v e n u e t r a i n
In 1 0 0 6 . o n c o m .. M c h ., 2 J S % ; S e p t ., 3 % .
V . 8 2 . p . 1436.
l o a d , 4 3 3 t o n s , a g a in s t 4 2 0 In 1 9 0 3 0 6 ,
Year ending J u n e 3 0 1 9 0 6 -0 7 .
1905 0 6
1904 0 5 .
1 0 0 3 -0 4 .
B O N D S . — ( l ) P rior L ien
6 f l r s t H en o n m a i n l i n e a n d b r a n c h e s .
M i l e s ............... ... ........................
4 .0 0 6
4 .0 3 0
4 .0 2 6
3 .9 8 7
P a r k e r s b u r g b r a n c h a n d P i t t s b u r g h d i v i s i o n , a b o u t 1 .0 7 6 m i l e s o f O r s t t r o c k
F r e i g h t ........................................... $ 6 4 , 6 2 3 , 9 4 6 $ 6 0 , 0 0 2 , 2 0 4
$ 5 0 ,6 0 7 ,0 8 7 $ 4 8 ,6 1 7 ,1 0 4
a n d 1 .3 2 5 m i l e s o f s e c o n d , t h i r d a n d f o u r t h t r a c k s a n d s i d i n g s , a n d a l s o a l l
P a s s e n g e r s .................................. 1 4 . 1 4 7 . 1 1 7
1 3 ,7 0 1 ,6 0 8
1 3 ,8 1 7 ,1 4 1
1 3 .1 4 6 ,4 4 0
t h e e q u ip m e n t n o w o w n e d o f th e v a lu e o f u p w a r d s o f $ 2 0 ,0 0 0 ,0 0 0 , o r h e re
M a l l , e x p r e s s , * 0 ................
3 .4 7 0 ,8 5 9
3 .6 8 8 ,1 5 3
3 .2 6 5 .7 6 0
3 .3 0 7 ,5 2 8
a ft e r a c q u ir e d
T o t a l a u t h o r iz e d . $ 7 5 .0 0 0 .0 0 0 , o f w h ic h $ 5 ,0 0 0 ,0 0 0 t o b e
Issu e d o n l y a ft e r J a n . i 1002 (a t n o t e x c e e d in g $ 1 ,0 0 0 ,0 0 0 a y e a r ) fo r th e
$ 8 2 , 2 4 3 , 0 2 2 J 7 7 . 5 1)2.01SO J « 7 , M U , 0 0 7 $ 6 3 0 7 1 . 0 8 1
e n la r g e m e n t , b e t te r m e n t o r e x t e n s io n o f th e p r o p e r tie s c o v e r e d .
S ec appU 5 4 .8 8 0 ,0 0 1
4 0 .6 1 5 ,2 2 1
4 4 ,7 1 0 .6 0 3
4 3 ,6 2 8 .8 6 4
O p e r a tin g e x p e n s e s . . .
c a t i o n t o l i s t . V . 6 9 . t>. 3 0 : V . 7 8 . p . 1 0 0 6 .
( 2 ) F i r s t M ortgage 4 % G o ld B on d s, D u e J u l y I 1 0 4 8 , b u t s u b l c r t t o c a l l ,
N e t e a r n i n g * — ............ $ 2 7 , 3 6 3 , 8 3 1 $ 2 7 , 8 7 6 , 8 3 5 $ 2 2 , 9 7 9 , 3 9 4 $ 2 1 , 4 4 2 , 2 1 7
In w h o l e o r In p a r t , a f t e r J u l y 1 1 9 2 3 . a t 1 0 5 ; a l l r s t H e n o n t h u P h i l a d e l p h i a .
3 .7 8 5 .0 6 3
2 ,2 7 6 ,1 6 0
2 ,5 3 3 .4 0 9
3 .2 7 1 .8 4 0
C h ic a g o a n d A k r o n d iv is io n s a n d b r a n c h e s a n d th o F a ir m o n t M o r g a n to w n A
P i t t s b u r g h R R . , c o v e r i n g a b o u t 5 8 1 m i l e s o f f i r s t t r a c k a n d a b o u t 6 7 3 t u ll e s
T o t a l n e t I n c o m e _____ $ 3 1 , 1 4 9 , 7 9 6 $ 3 1 , 1 4 8 , 6 7 6 $ 2 5 , 6 1 4 , 8 0 3 $ 2 3 , 7 1 8 , 3 7 7
O f s e c o n d , th ir d a m i fo u r t h t r a c k s a n d s id in g s ; a ls o o n t h e B . A O . T e r m in a l
I n t c r c a l a n d r e n t a l s _____ $ 1 0 , 8 2 8 , 6 9 0 $ 1 0 , 6 5 8 , 0 3 6
$ 9 ,9 7 8 ,1 4 3
$ 9 ,0 2 7 ,8 5 1
p r o p e r t y a n d th e B a lt im o r e B e lt R R .
T h e y a r e a l s o a li e n . s u b j e c t t o p r i o r
T a x e s ..........................................
1 .7 5 9 , 7 9 3
1 ,4 4 8 . 3 6 4
1 .3 7 6 ,8 8 5
1 .3 0 5 ,3 1 0
lie n m t g e ., u p o n m a in l i n e . A c .
S e c a p p . t o l i s t . V . 6 9 , t>- 3 0 j V , 7 0 . n 2 1 1 .
M
ISO
.
I
m
p
’
t
s
.
A
0
..................
1
1
1
5
.
6
7
2
1
.0
7
7
.
0
7
3
4
3
3
.
7
7
8
4 2 7 .6 6 6
T o t a l a u t h o r iz e d (I n e l. $ 4 9 ,9 7 5 ,0 0 0 Issu e d a t r e o r g a n i z a t i o n ) . . $ 1 6 5 .0 0 0 ,0 0 0
A d d t lo n * A I m p r o v 't s ..
3 .0 0 0 .0 0 0
3 .0 0 0 .0 0 0
2 . 6 0 0 .0 0 0
2 ,0 0 0 ,0 0 0
O f w h i c h r e s e r v e d t o r e t i r e p r i o r H e n b o n d s I n 1 9 2 5 ----------- . . .
7 6 ,0 0 0 ,0 0 0
D l VS. o n p r o f , s t o c k ( 4 % )
2 ,4 0 0 ,0 0 0
2 ,4 0 0 .0 0 0
2 .4 0 0 .0 0 0
2 400 0 00
I s s u e d a n d I s s u a b le f o r b e t t e r m e n t o r e x t e n s io n o f t h o p r o p ­
D l v s . o n c o m . S to c k . ( 6 ) 9 , 1 3 0 ,1 0 0 ( 5 R ) 6 , 8 6 1 . 4 7 4 ( 4 H ) 6 , 6 9 2 , 0 4 2 ( 4 ) 4 , 9 7 0 , 4 8 2
e r tie s c o v e r e d b y m o r t g a g e s (1 ) a m i ( 2 ) . o r f o r e x t e n s io n s ,
a d d i t i o n s o r e q u i p m e n t ; a t n o t e x c e e d i n g $ 1 , 6 0 0 .0 0 0 a
B a l a n c e , s u r p l u s ............ ♦ $ 2 , 9 1 3 , 4 4 0 • $ 8 , 8 1 2 , 8 3 0 ♦ $ 3 , 1 8 1 , 0 3 4 • 1 2 . 9 8 6 , 8 7 8
y e a r f o r t h e f i r s t f o u r y e a r s a n d a t n o t e x c e e d i n g $ 1 . 0 0 0 ,0 0 0
a y e a r t h e r e a f t e r , o r i g i n a l l y .................................................. .................... ..
2 7 ,0 0 0 .0 0 0
• S u r p l u s d i f f e r s f r o m t h a t s h o w n In p a m p h l e t r e p o r t , o w i n g t o m e t h o d
1 3 ) Southwestern D tv islon 1st M ortgage 3 ) 4 s .
V i r t u a l l y a llr s t
o f c h a r g in g c o m m o n s t o c k d iv id e n d , th e a b o v e b e in g u se d fo r s im p lic it y .
H en u p o n t h e p r o p e r t ie s c o n s t it u t i n g t h e B . A O . S o u t h ­
w e s te r n R R . s y s t e m , o r th e s e c u r itie s r e p r e s e n tin g th e s a m e ,
E x e c u t i v e C o m m i t t e e —- O s c a r O . M u r r a y . C h a i r m a n ; G . F . R a n d o l p h ,
c o v e r i n g a b o u t 9 3 0 m i l e s o f fi r s t t r a c k a n d a b o u t 4 0 1 m i l e s
J.
R . F o a r d . N . B . R e a m a n d S a m u e l R e a ; P ic * .. O s c a r G . M u r r a y : 1st V fc«v
o f s e c o n d t r a c k a n d a b lin g s .
T o t a l I s s u e . ......................................
4 5 ,0 0 0 .0 0 0
P r m . G e o . F . R a n d o lp h ; S e c .. C . W . W o o l fo r d : T r e a a .. J . V . M o N e a l.
( 4 ) B . A O . . P U ts. J e t. A M U l. D lv . 3 \\w. E x p e c t e d t o b e u l t i ­
D ir e c to r s — R . U rcn t K e y s e r. J o h n P . G re e n . S a m u e l R e a . J o s e p h R .
m a t e l y a fir s t H en u p o n t h e r a il r o a d s o f t h e l l e n t r a l O h i o a y a
F o a r d , G e o . F . R a n d o l p h . J a m e s S p e y e r , E d w a r il H . H a r r lm a n , N o r m a n B .
t o m a n d P i t t s . J e t . R R . C o . . 3 8 3 m i l e s In a l l .
T ota l a u th o r­
R e a m , C h a r le s S t e e le . J a m e s S t illm a n , E d w a r d I t . B a c o n . J o s e p h W o o d .
i z e d i s s u e In n o e a s e t o e x c e e d ............................................ . . . . . -------2 0 .0 0 0 ,0 0 0
N e w Y o r k o f f ic e . 2 W a ll S t.
( V . 8 3 . p . 9 9 9 , 1 0 0 8 . 1 2 0 9 . 1 4 0 1 . 1 6 4 3 .)

S




S

^cpar*
ifiUUMm]
iWntoi

ustf•.*»!>••>i
tok»bui

Facieson

OVaan

k>lJC*YlI|* A;

Gout><

Tv* ati'cla

& SRM SBY

jc .

PKJtvJKWITT

/
Si 5 5

zWforto ti
t-" ,

, ttfv*ooa
✓*

.ox uu ’ a -----■
— ^

M m *

C u r w in s v

>RenMAnl

rf

'abash

CO

FtOtbti),

Q
55
O

T.rw'.ln
hawf»$cuk6]
p h il a o e l p h

Im

^NDJaVjaPj

;

D*J torn

a

', (T
»H U **
{ cnAitai1

-3?

<■-

CO
nro /

O
O

VKoo^GALT.
JConinuj, g

:0

llaysvlllo

*sAJ*rii

fopjonv
A lb a n y ,

J)u Quota YJS

>-*

.

Grftn vx’ y
Fa&'lrM/C/

'wcaaboro

Cedll^.

S h a y /h e e lo w ir

M

jjofO

*TAUNTw^5

[xingtoi

£

CAVi

/ FUl>cflAncvj

VT’orls

Hinton

,»A O N O
r<i*nt* z .

-\ BuikA-vlu

Glasgow Jc.

rorT W

sutroj

ruthrlo

rG allatin

tcKcruhj
'A3HVILLE
Grevi'sWrv

co

R A IL R O A D S Y S T L A L

Colm nbU / r

i^PMlS




BALTIMORE & OHIO

C h a r lo tlo

RAILWAY STOCKS AND BONDS,

2 *2

2
as 1

B a n g o r 6c A r o o s t o o k (Concluded) —
N o i i h M iliu i S< a p o r t l n \i g u u p Sc 1
l
C a r t r u s t s S c r B $ 4 0 ,0 0 0 d u e A A O y e a r ly
C a r t r u s t s S e e 0 g g u a r $ 4 5 , 0 0 0 due? s - a . - .
-PcP.U
C a r t r u s ts S e r n g g u a r $ 4 5 ,0 0 0 d u o s-n
- P c .P c '
B a n g o r 6c P o r t l a n d - F i r s t m o r t g a g e g o l d ___
B e a v e r & E ll w o o d — F ir s t m o r t g a g e g o l d . . Beech C reek—S t o c k ( g u a r a n t e e d 4 % b y e n d o r s e m e n t )
F i r s t m o r t g a g e g o l d g u a r p A: I ( e n d o r s e d )
K .c flt r
S e c o n d M fo r $ 1 .0 0 0 ,0 0 0 g g u a r p & l ( e n d ) . U n . eJer
C le a r fie ld B ltu m C o a l 1 st M In t g u a r b y B h C r g
.c
Beech Creek Ex ten -I s M $ 4 , 5 0 0 , 0 0 0 g g u a r p & I CJ.«*
B e e c h C r e e k c o n s o l m t g c $ 2 0 ,o o o , o O o g o l d
G .e
Bellingham Bay 6c Brit Col - 1 s t M $ 1 , 0 0 0 , 0 0 0 g o l d n l
Belt Line P r o f M ontgom ery -1 s t M l a w f u l m o n e y c
Belt P R 6c Slock Vara o f Indianapolis— S t o c k . . .
P r e f e r r e d s t o c k c u m u l a t i v e ...... ........................................
F i r s t m o r t g a g e f o r $ 1 , 0 0 0 , 0 0 0 c u r r e n c y _____
.
B e l t R y o f C h a t t a n o o g a — F ir s t m t g c g o l d . - M e B a .e *
B c i v l a e r c D e la w a r e — s t o c k $ 4 ,0 0 0 .0 0 (1 )
C o n s o ll d a t .l g u a r a n t e e d b y U n it e d C o ’ s s in k in g fd - r
m ortg a g e
} g u a r a n t e e d b y U n it e d C o '* s i n k i n g f d
r
o f 1875
I Issu e $ 5 0 0 ,0 0 0 r e d u c e d b y s in k in g fd
r
$ 1 , 0 0 0 , 0 0 0 j g u a r a n t e e d b y U n i t e d G o 's s i n k i n g f d . c *
B e r k s h ir e -S t o c k 6 % re n ta l
....................................................
B cstcm cr 6c ta k e Eric— B r i e e q u i p m e n t t r u s t . ...............
L o c o m o t i v e e q u i p m e n t t r u s t ...................................
_
S ta n d a r d e q u ip m e n t tru s t
.
.
_____
B ir m in g h a m B e lt — S e e S t L o u is A S a u F r a n c is c o
B i r m i n g h a m T e r m i n a l — 1st M $ 3 ,0 0 0 ,0 0 0 g o ld g u a r . .
B irm C o l & S t A n d -F ir s t M $ 1 ,5 0 0 ,0 0 0 g
C e .o W r
HI t o n n b u r l f t S u l l i v a n P R
F ir s t M $ 4 0 0 , 0 0 0
I P
S e c o n d m o r t g a g e I n c o m e n o r i c u n i $ 2 0 0 , 0 0 0 _____ P P
•
B o o t 9c l . o y a l t m i - F i r s t \i $ 5 7 ................ ( o l d c a l l 1 1 0
B o o n v i l l c S t L 6c S o u t h R y - l * t M g o l d $ 1 . 0 0 0 . 0 0 0 . 0
B o s t o n & A lb a n y -S t o c k ($ 5 0 ,0 0 0 ,0 0 0 a u t h o r is e d ) . .
B o n d s ( n o t m o r t g a g e ) g u a r a n t e e d p r l n & I n t ............ c
B o n d s ( n o t m o r t g a g e ) $ 5 , 0 0 0 , 0 0 0 . ....................
B o n d s $ 2 ,5 0 0 .0 0 0 c u r r e n c y

3*11

U M IM O A D S
F o r expla na tion o f colum n lu a d ln os, A c . , see notes
on first poor o f ta b u s

Date
of
B onds
1003

...
...

....
... ....
....
...
...
.10
30
56
4-1
.192

...
...
...

1907
100.5
1898
1898
100.1
1881

....
1002
1808
1901

B A N G O R 6c A R O O S T O O K R R — {S ee A f a p . ) — O l d t o w n , M o . , n o r t h e r l y
V a n B u r e n , w it h b r a n c h e s ; t o t a l . 4 0 7 .4 m ile s , v iz .
A f I P s .l
L in es Leased —
M ile s .
O l d t o w n t o V a n B u r e n _________ 2 2 1 . 7
N o rth e rn
M a in e
S ea p ort,
La
A s h l a n d J e t . t o F o r t K e n t _____ 0 4 . 0 1
G r a n g o t o S c a r s p o r t ..................... 3 4 .1
M i l d J e t . t o G r e e n v i l l e ..................... 4 8 . 8
B r a n c h e s .................................................
H H H i H H _ H 55m i
T ota l J u n e 20 1 0 0 7 ...
-.4 7 4 .7
I n D e e 1 0 0 5 a b r a n c h f r o m S c h o o l s L a k e t o t h e J u n c t io n o f t h e S t . F r o m -I s
a m i S t . J o h n r iv e r s , 143 m ile s , w a s p r o p o s e d .
V . Ml. p . 5 0 , 157.
B ranch
fr o m M llU n o c k e i to B a s t M U lln o c k c t , 8 m ile s , w a s o p e n e d J a n . 1 90 7 .
A
l o w - g r a d e c u t - o f f from a p o i n t 4 m i l e s s o u t h o f W e s t S c h o o l s t o L a G r a n g e .
2 8 m ile s , w a s c o m p le t e d J a n
1908.
V . 8 4, p . 092.
I n S e p t . 1 0 0 7 D ie
N o r t h e r n R y . o f M a in e w a s I n c o r p o r a t e d w it h $ 5 1 0 ,0 0 0 s t o c k t o b u il d a b o u t
6 1 m i l e s , c o n n e c t i n g the? t h r e e n o r t h e r n t e r m i n i , V a n B u r e n , F o r t K e n t a n d
S t F r a n c is .
V
.15 . p . 9 2 0 .
O R G A N I Z A T I O N .— O r g a n iz e d F e b . 13 1 8 0 1 .
S t a t e o f M a in e? r e f u n d s
9 5 % o f a ll t a x e s le v ie d .
F o r o r g a n is a t io n s e e V . 6 6 . p . 8 5 5
O w n s e n t ir e
s t o c k o f a n d l e a s e s f o r 9 9 9 y e a r s N o r t h e r n M a i n e S e a p o r t R R . , w h i c h In
N o v . 1 9 0 5 o p e n e d e x t e n s io n fr o m L a G r a n g e , M e ., t o S o n r s p u r t, o n P e n o b ­
s c o t B a y . 5 4 m ile s .
V , 8 1. p . 1649; V . 84, p . 693.
S T O C K . — $ 2 , 3 4 2 , 0 0 0 , a s I n c r e a s e d f r o m $ 1 , 3 0 0 , 0 0 0 In J u n e 1 0 0 7 t o a c ­
q u ir e s t o c k s o f N o r t h e r n M a in e S e a p o r t a n d S c h o o d k ? S t e a m R R s . , p a y fo r
p e r m a n e n t I m p r o v e m e n t s a n d flo a t in g d e b t ; 2 3 ,3 2 0 s h a r e s fu ll p a id a n d 1 00
sh a res 5 % p a id .
V . 84, p. 1049.
.- 1 4 % s e m i-a n n u a lly . J a n .
to Jan
to o fi, b o th
c lu s iv e : J u ly . 2 % : 1 90 6, 4 % ; 1 0 0 7 . 4 % (J A J ): 1 9 0 8 . J a n ,, 2 .

In ­

B O N D S .— A s to g o ld 6 s o n P h e a t . D iv is io n , se e V . 6 7 . p . 1 1 5 9 ; V . 6 8 . n .
81, 329.
V a n B u ren E x te n s io n 5 s o f 180 0, V . 6 9 , p . 0 3 2 .
O f th e c o n s o l,
re fu n d in g g o ld
la . $ 1 2 , 6 0 0 , 0 0 0 w e r e r e s e r v e d t o p a y o f f t h e o u t s t a n d i n g
b o n d s , I n c l u d i n g th o se ? o f c o n t r o l l e d r o a d s , c a r t r u s t s a n d p r o f , s t o c k , a n d
t o a c q u i r e s u c h c o n t r o l l e d r o a d s ; $ 3 , 0 0 0 , 0 0 0 f«»r I m p r o v e m e n t s o v e r a s e r i e s
o f y e a r s a n d $ 4 , 3 0 0 , 0 0 0 T or e x t e n s i o n s a t $ 2 3 , 0 0 0 p e r m l l o , I n c l t n i l n / c o u l n
m eu t. V . 73.
2 8 6 . 8 0 6 ; V . 7 4 . p . 0 3 . T h e N o r t h e r n M a in e S e a p o r t b o n d s
o f w h i c h $ 4 , 2 3 9 , 0 0 0 I s s u e d ( $ 5 , 0 0 0 , 0 0 0 a u t b o i 'l i c c d ) a r e g u a r a n t e e d . v
s i*
p. 2 6 5 : V . 8 2 . p. 3 0 2 ; V 8 1, n 3 9 1 . 0 9 2 ; f o r m o f g u a r a n t y . V . 8 1 . p , 727
In M a r c h 1 9 0 7 t h e $ 1 ,0 0 0 ,0 0 0 M e d f o r d E x t e n s io n fir s t 3 s w o r e s o l d t o n a y
fo r 2 8 m ile c u t o ff u n d e r c o n s t r u c t i o n .
V . 8 4 . p. 092

Rate

Wtutn
Pauablc

%

$ 1 .5 5 0 , 0 0 0
O
6 g
A
A
2 4 9 ,0 0 0
O
S g
\
*
7 6 .4 .0 0 0
.1
A
D
5 g
8 5 5 .0 0 0
3 g
A
*
n
3 2 0 ,0 0 0
6 g
1
dc
J
1 5 9 .0 0 0
4 g
J
A
J
6 .0 0 0 .0 0 0
4
1
<)
5 ,0 0 0 ,0 0 0
4 g
J
A
J
1 ,0 0 0 ,0 0 0
J
A
•1 g
J
4 g
7 3 2 ,0 0 0
.1
A
.1
3 .5 0 0 ,0 0 0
3 )3 K A
«fc
o
3 ,9 6 4 ,0 0 0
A
A
o
‘I g
6 5 9 .0 0 0
D
J
A
•i e
6
J
A
2 0 0 ,0 0 0
.1
I . 0 0 0 , 0 0 0 S e e t e x t .1
A
.1
5 0 0 .0 0 0
6
- 1
1 ,0 0 0 .0 0 0
6
M
.fc
N
2 7 .1 .0 0 0
5
J
A
.J
1 .2 5 3 ,0 0 0 1 0 In ’ 0 7
Y e a r ly
4
-S
3 0 0 .0 0 0
M
&
7 1 9 .0 0 0
4
F
&
A
.1 0 0 ,0 0 0
.1
A
-1
.1
.V
1 ,0 0 0 .1 )0 0
3H g J
.1
1 .0 7 8 . 7 0 0
15
6
O— J
1 ,2 2 0 , 0 0 0
.1
M
A S
1 5 0 ,0 0 0
S
ft
M
1 ,0 6 0 , 0 0 0
5
A
A
o
1 ,5 0 0 ,0 0 0

1 .0 0 0
t o o Ac
1 0 0 Ac
1 .0 0 0
l .0 0 0
100
1 .0 0 0
1 .0 0 0
1 .0 0 0

L i n e s ow n ed —

loot

Am ount
Outstandlnu

- •_» '0 6 * o o

to

d i v i d e n d s

IN TE R E S T O R D I V I D E N D S

S ic e , or
Par
V a lue

$ 1 ,0 0 0
1 .0 0 9
19 0 0
1 .0 0 9
19 9 7
1 .9 0 0
*8 0 **8 6
100 Ac
.1
1899
16.1
....
.10
103
1886
1 .0 0 0
165
1 ,0 0 0
1802
1 80 1
100 Ac
59
1901
1 .0 9 0 AC
19 05
1 ,0 0 9 A c
A ll
1 .0 0 0
1901
18 9 0
1 .0 0 0
1
50
...
...
50
1,0 0 0
1881
25
1895
1 ,0 0 0
50
►- .
81
1 .0 0 0
1885
HI
1887
1 .0 0 0
81
1 89.1
1 .0 0 0
81
1 ,0 0 0
190.1
...
100
1 .0 0 0
...
l ,0 0 0
—
i ,0 0 0
<34

|V o l , LXXXVI-

4 g

M
J

5
5
6 g
6 g
S ee tex t
.1 H
4
.1 u

.)

(?>
.1 6 4 ,1 0 0
1 9 9 ,6 0 0
6 6 7 .0 0 0
4 0 0 .0 0 0
2 3 ,0 0 0 ,0 0 0
.1 ,8 .1 8 .0 0 0
3 .6 2 7 ,0 0 0
i.o o o .o o n

A
A
A
A
A
A

Where. P a y a b le , and b y
W h om

B o n d s - P rinci­
p al. IVfun D u e
S to ck s^ L n st
D ividen d

B r o w n B r o . s N Y B o m A P h A p r t 1 0.1 5
1 1010
G u a r T r u s t O n .N e w Y o r k T o J u ly
B r o w n B r o s . N V *v B o a t I n .h i n e 1 1 0 1 G
To Apr
11017
DO W e s t B l . N e w Y o r k 10.10 10.15
G u a r a n ty T r u s t C o . N V J u ly I 1 010
I 1908 1 %
G ra n d C ent S ta tio n . N S J a n
J u ly 1 1 030
J u l y I 19.15
K n ic k e r b o c k e r T ru & t \ Y J a n 1 1 0 4 0
A p r 1 1051
A p r I 1055
II S M A T r C o . N Y : A S F D e o 1 19.12
1 1010
M e t r o p o l i t a n T r C<>. N 1 J a n
C o ’ a O f f i c e , I n d i a n t p u l. J a n 1 I 0 O8 5 %
Jan
i 1908 1 H
A p r 30 1 0 1 l
M e r c a n t i l e T r A D e o . H a ll J u l y I 1 0 1 5
B r o a d S t S t a t i o n . P h i l s Men 15 *07 10%
Sept i lo s s
F e b 1 1027
do
do
Jan
1 1933
d o a n d B k C o m ,N Y Ia n
I 1 04 .1
S t o e k b r ld g c . M ass
J a n 1 9 0 8 1 .4
H o m o T r G o , l l o h o k . N .J M c h l 1 9 2 2
do
do
M ill 1 1 0 1 3
do
do
A p r l 1023

s N ew Y ork
.1

.1 F 1 T

A S D C o , P h ils
.}
J R e g B ln o m s b u rg . w b ea rn
A
o U S M A T r. N Y ; A S F
F
s\ A » n e r K x o h B a n k . N Y
O f f i c e , T e r m S t n t 'n , B o a t
O— M
do
do
A
A
o
o O f f i c e . T e r m S t a t 'n , D o s t
A
A
do
do
J
A
J

M ch
J u ly

1 1057
1 1935

i-u i i 028

J a n l 1028
A p r t 102.1
A ilg 1 1911
D e c 31*07 2 4 %
A p r l 1032
O ct 1 1913
J a n 1 1951

D I V N D — '1 P r e f e r r e d In I C o m
’97
'0 8 t o ' 0 2
*0 3 *0 4 '0 3 '0 6 *0 7 1 0 0 8
S in c e 1 8 0 4 -J r u ll t o d a t n l s t k % 0
ft y e a r l y
6W
7
8
6
11 J a n . 6
In 1 9 0 7 . o n c o m m o n . J a n .. 6 %
duel
2 e x .) ; J u ly , 6 %
(I n o l. 3 e x .) ;
1 9«> 8 , J a n . , 6 ? S d u e l . 3 e x )
P r e s .. S . E . R a u h . I n d i a n a p o l is , I m l .— ( V . 7 7 , p . 2 3 8 9 ; V . 8 1 , p . 1 0 9 0 .)
B E L T R A I L W A Y (O F C H A T T A N O O G A , T E N N .)— O w n s 23 m ile s o f
b e l t r a i l r o a d In C h a t t a n o o g a . T e n t ) .
V . 67. p . 72.
L e a s e d t ill J u ly l 1 9 1 3 t o A l a b a m a G r e a t S o u t h e r n R R . ; r e n t a l g u a r a n t e e d
t o m e e t In te re st, u n llr s t m t g c . b o n d s , t a x e s a n d m a i n t e n a n c e .
STOCK
Is $ 3 0 0 , 0 0 0 . o w n e d b y A l a b a m a G r e a t S o . R y .
T h orn a rc
> $ 2 4 ,o o 0 2d
In c.
4 s , d u e 1 9 4 5 , r e d e e m a b le a t p a r ; c o u p , p a i d J a n . 01 t o J u l y *07 In a l.
B E L V I O E R E D E L A W A R E R R . — O w n s fr o m T r e n t o n . N . J . . t o M u n u n Ua C h u u k . N . J . . 6 7 m ile s ; F lc m ln g t n n R R
A n . , 11 m i i r * ; t o t a l o p e r a t e d .
81 m ile s .
L e a s e d t o U n it e d C o m p a n ie s , a m i t r a n s fe r r e d t o P e n n s y lv a n ia
R R . M a rch 7 1 8 7 6 .
N u t e a r n in g s p a id a s re n ta l
S T O C K . — A u t h o r i z e d . $ 4 , 0 0 0 , 0 0 0 ; o u t s t a n d i n g J a n . 1 9 0 6 , $ 1 .2 3 .1 .0 0 0 :
p a r, $50.
D iv id e n d s 1 89 7 t o 1 9 0 6 , b o t h I n c ., 5 % y e a r ly ; 1 9 0 7 , M c h ., i n % ,
B O N D S .— A ll o f th e o u t s t a n d in g b o n d s a r c s e c u re d b y th e c o n s o lid a t e d
m t g c . o f 1 8 7 3 f o r 3 4 .0 0 0 ,0 0 0 ; s in k in g fu n d , I % o f o u t s t a n d in g b o n d s If
ea rn ed .
T h e Issu e s o f 1 8 8 5 , 1 8 8 7 a n d 1 9 0 3 a r e g u a r a n t e e d b y t n e U n it e d
N ew J ersey r r . & C an al C o .
G u a r a n ty , V . 7 6 . p . 0 1 8 .
E A R N I N G S — In 1 0 0 6 . g r o s s , $ 1 ,6 2 6 ,6 5 2 ; n e t . $ 3 7 3 ,0 3 2 ; o t h e r I n c o m e ,
$ 4 7 ,5 3 5 : I n t e r e s t , t a x e s . A c . , s in k in g fu n d n n d o t h e r c h a r g e s , $ 1 8 0 ,9 5 9 ;
d i v id e n d s ( 1 0 % ) , $ 1 2 5 ,3 0 0 ; s u r p lu s . $ 1 0 3 ,3 1 0 .— ( V . 8 4 . p . 7 1 3 .)

BENNINGTON &JRUTLAND RY

— S e e R u t l a n d R R . — ( V . 7 0 . p . 6 8 5 .)

B E R K S H I R E R R . -S t a t e L in e . C o n n . t o
M a s s .— N . Y . S t a t e L in e
2 3 m ile s ; V n n d c u s e n v l ll e , M a s s ., t o P it t s f ie l d , 2 2 m ile s : t o t a l . 4 6 m il e s .
A
t o n s o l l d a t l o n In 1 0 0 5 w i t h S t o o k h r l d g o A P l t l s A e l d a n d W e n t S t o c k b i i t b r e
R R .
V. 80, p 2210.
L e a se d A p ril 1 1803 fo r 0 9 y e a r s to N . Y
N . II. A
M.
R R . fo r e x p e n s e s , ta x e s a n d 6 % o n s t o c k , p a id Q J 15 a t R o n x a t o n ic
N a tio n a l B a n k , S t o e k b r ld g c . M a ss.
L e a s e t o H o iiK a t o n lc R R . s u s p e n d e d ,
n o t ca n c e le d .
S tock
$ 1 ,0 7 8 7 0 0 .— ( V
80
, 2 2 1 0 .)

A N N U A L R E P O R T . — R e p o r t f o r y e a r e n d i n g J u n e 3 o 1 0 0 7 w a s I11 V . 8 5 ,
p
1 2 0 6 , S h o w i n g , g r o s s , $ .1 , 2 2 1 ,6 9 6 : n e t . $ 1 , 0 8 8 , 4 0 1 : c h a r g e s . $ 7 9 4 , 3 0 1 ;
o t h e r I n c o m e . $ 2 ,1 9 1 ; b e t t e r m e n t s , $ 0 9 ,6 2 6 * d i v i d e n d s ( 4 % ) . $ 7 1 . 8 4 0 ; b a ! .
M ir .. $ 1 2 4 ,8 2 5 .
In 1 9 0 5 -0 6 , g r o s s . $ 2 ,4 0 6 ,3 4 7 ; n e t , $ 9 3 1 ,8 7 7 .— ( V . 8 5
p . 1 3 3 . 6 3 3 , 9 2 0 . 1 2 0 5 .)
*

BESSEMER & LA K E E R IE RR — L e a s e s P i t t s b u r g h Bessemer A L a k e
E r ie R R . , B e s s e m e r , n e a r P it t s b u r g h , P a ., t o C o n n o a u t H a r b o r . L a k e E r ie ,
A c ., w it h b r a n c h e s , a t o t a l o f 2 0 9 m ile s , fo r 9 0 0 y e a r s fr o m A p r il l 1 0 0 1 ;
o w n s 31 m ile s ; t o t a l , 2 4 0 m ile s .
V . 7 2 . t». 1 3 7 .
A u th o r iz e d t o o p e r a t e n
r a i l r o a d f r o m a p o i n t o f c o n n e c t i o n w i t h t h e P i t t s b u r g h B e a s o m e t* A L a k e
E r ie a t o r n e a r K r c m l s S t a t i o n , P a . , t o a p o i n t o n t h e J a m e s t o w n A F r a n k lin
R R . n e a r S a le m S t a t i o n . P a .
S t o c k , a u t h o r i z e d , $ 5 0 0 ,0 0 0 .
C o n tr o lle d b y
th e C a rn e g ie C o . a n d s o b y U . S , S te e l C o r p o r a t io n .
G u a ra n ty o f M a rq u ette
A B e s se m e r D o c k A N a v ig a tio n b o n d s , V . 7 7 . p . 1 2 2 8 ; V . 7 6 , p . 135 8;
V . 8 2 . p . 1 6 0 . - ( V . 8 2 , p . 1 6 0 .)

BATH 6c tfAMMONDSPORT R R .— B a t h . N . Y . . t o H a m m o m l s p o r t . N .
Y . . 10 m ile s .
C o n t r o l a c q u i r e d b y E r i e R R , In 1 9 0 3 .
In 1 0 0 4 fo r e c lo s u r e
u n d e r $ 1 0 0 ,0 0 0 llrs t m t g c . w a s p e n d i n g ; x c e n u d n i t o n .. $ 2 0 0 ,0 0 0 .
S tock ,
$ 1 0 0 ,0 0 0 .
Y e a r e n d in g J u n e 3 0 1 9 0 6 . c r o s s . $ 3 7 ,9 7 0 : n e t . I n r l. o t h e r im
c o m e . $ 1 6 , 6 5 3 ; I n t . a n d t a x e s , $ 1 6 , 2 6 7 ; a d d n s a n d I m p 't s , $ 2 , 8 5 1 ; b a t . , d c f , .
$ 2 ,9 6 4 .— ( V . 7 9 . p . 1 0 5 4 .)

B IR M IN G H A M
T E R M I N A L C O — H a s u n d e r c o n s tr u c tio n p a ssen ger
term inals a t B irm in gh am . A l a .
S t o c k a l t o w n e d b y th e I l l i n o i s C e n t r a l .
S o u t h e r n R y . . S eab oard A i r L i n e , C e n t r a l o f G e o r g i a , S t . L o u i s A S a n F r a n ­
c i s c o a n d A la b a m a G r e a t S o u t h e r n , w h ic h j o i n t l y g u a r a n t e e t h e b o n d s .
O f tin ? b o n d s ( $ 3 , 0 0 0 , 0 0 0 a u t h o r i s e d ) $ 1 , 6 0 0 , 0 0 0 a r c r e s e r v e d f o r A d d i t i o n a l
p r o p e r tie s .
V . 8 3 . p . 1 2 2 7 ; V . 8 3 , p . 4 0 4 . — ( V . 8 5 . p . 4 0 4 .)

BEAVER 6c EL WOOD R R .—E l l w o o d J e t . t o H u a c n C o a l M i n e . P a . . 3 m .
L e a s e d t o P i t t s . A I. E r ie U n . f o r 2 0 y e a r s f r o m M a y l 1 8 0 9 ; r e n t a l b e i n g
4 5 % o f g r o s s e a r n s .; r e n ta l m 1 9 0 6 , $ 1 2 ,0 3 1 .
S t o c k . $ 1 5 0 ,0 0 0 ; p a r , $ 1 0 0 . ’

B L O O M S R U R G 6c S U L L I V A N R R
< >w n s B l o o m s b u r g t o J a m i s o n C i t y ,
P a - . 3 0 m ile s .
S t o c k Is $ 6 0 0 , 0 0 0 ; p a r . $ 5 0 .
V . 6 6 . p . 6 0 .0 * 2 .
/e a r
e n d in g J u n e 3 0 1 0 0 7 . c r u s . . SI I 7 . . 7 » : n e t , ,0 2 .3 1 1 : o t h e r I n c o m e , 4 2 ,1 * 1 ;
I n t e r e s t . i a x e * . A . \ , * 6 ( L 3 f t u : balance, s u r p l u s . » 1 . 1 . M 3 — ( V . o o . p . n o , o a z . »

6

L A T E S T E A R N I N G S . — / 1 0 0 7 ...................G r o w . $ 1 , 2 0 3 , 3 1 5 ; n e t . $ 4 1 5 , 3 2 1
m o n t h s , J u l y 1 t o N o v . 3 0 1 1 9 0 6 ............... G r o s s ,
1 ,2 9 4 ,1 2 7 ; n e t .
1 7 5 .0 7 0
S u r p l u s o v e r c h a r g e s , $ 5 2 , 1 0 8 , a g a i n s t $ 1 4 8 , 1 8 2 In 1 9 0 6 .

B I R M I N G H A M & ATLANTIC R R
- T a l l a d e g a t o C o a l C i t y . A l a . . 31
BANGOR 6c PORTLAND R Y .— (See M ap D e l. Dick. A W a t . ) P o r t l a n d m i l e s ; b r a n c h e s , H o g a n i t o o r e b e d s , 9 m i l e s , a n i l F u r n a c e t o W e ( s i n g e r s ,
t o B a t h . P a . . 2 u m i l e s ; N a z a r e t h J e t t o M a r t i n 's C r e e k . 5 1 1 1 o t h e r b r u n c h e s
.1 m i l e s ; t o t a l , 4 3 m i l e s ,
S t o c k , $ 1 , 0 0 0 , 0 0 0 , n il c o m m o n : p a r o f s h a r e s .
5 i n . ; t o t a l , 3 0 tn
S t o c k . $ f t i n , o o o . a l l a c q u i r e d In 1 0 0 0 b y D e l . L a c k . A
S io n .
B o n d s . $ 5 0 0 ,0(10 4 0 - y e a r f i r s t 6 s . d u e N o v . 1 1 0 3 1 ( $ 1 , 0 0 0 e a c h ) ;
W 0 S t .B R .
D iv id e n d . 1 9 0 0 . 0 % ; 1 0 0 1 .5 % ; 1 9 0 2 ,4 % : 1 9 0 .1 ,7 % : 1 9 0 4 , 8 % :
I n t e r e s t , p a y a b l e M A N . In d e f a u l t .
Y e a r e n d in g J u n e 3 0 1 0 0 0 . g r o s s .
1905.
i& % ; 1 90 6 . 2 0 % .
F o r c a l . y e a r 1 9 0 6 , g r o s s , $ 2 9 4 ,6 1 5 ; n e t . $ 1 2 9 , 167; $ 3 1 ,8 3 1 : d e f . u n d e r o p e r . . $ 0 ,8 4 8 ; b o n d I n t e r e s t , n o t p a i d .
P re s id e n t.
c h a r g e s . $ 2 6 ,8 7 2 : d l v . ( 2 0 % ) , $ 1 0 2 ,0 0 0 ; b n l ,s u r ., $ 3 1 5
S id n e y H . M a r c h : S e e . a m i T r e a d ., J o h n C a r ls o n . 2 5 B r o a d S t .. N e w Y o r k .

BEECH CREEK R R ,— (See Maps N Y. Central A H u dson U lcer U U . ) —
R O A D . — J e r s e y S h o r e , P a . , t o M a h n f f e y . 1 1 2 m j b r a n c h e s t o P h lllp J ib u r g ,
t o m in e s , A c .. 6 5 m ile s ; t o t a l , 167 m ile s .
L E A S E . A c . — F r o m O c t . 1 1 8 9 0 le a s e d t o th e N . Y . C e n t . A H u d R iv e r
R R . fo r 9 0 0 y e a r s a t In te re st o n b o n d s a n d 4 % o n s t o c k , a n d s in c e M a y 1
1 8 9 9 o p e r a t e d d i r e c t ly a s a p a r t o f Its P e n n s y lv a n ia d i v is i o n .
V . 6 8 . p. 872.
G a r r ie s m o s t l y c o a l a n d c o k e .
See g u a ra n ty . V . 5 2. p . 570.
T h e bonds m e
e n d o r s e d w ith N e w
Y o r k C e n tr a l s g u a r a n t y o f p r in c ip a l n n d In terest
Sec V
52
p. 5 7 0 . — ( V . 7 3 . 1 3 9 8 . )

BEECH CREEK EXTENSION R R . — (S ee M a p s .V . Y . C e n t . A H u d . h i t . )
— C l e a r f i e l d . P a . , t o K e a t i n g . 5 2 .1 m i l e s : R o s s l l c r t o R o s s i t e r J e t . , 3 .2 m •
M c E l h a t t a n t o B r o w n s . 1 .2 i n .
C u n v e n s v l l l e t o B o w e r , 1 6 . K rn ; M a b a f T e y
t o A r c a d i a , 1 3 .1 m . ; R a m i n n t o B o a r d t i m n , 1 3 m . ; b r a n c h t o I r v o n a . 1 6 .3
t n . ; 3 o t h e r b r a n c h e s , i t . 5 r n .: t o t a l . 1 2 6 .2 m i l e s .
A l o w - g r a d e c o a l llm *
le a s e d t o N . Y . C e n t . A H u d . R l v . R R . (w h ic h o w n s e n t ir e $ 3 ,1 7 0 ,0 0 0 s t o c k )
f o r 0 9 9 y e a r s fr o m J u n e 1 1 9 0 3 . b o n d s b e in g g u a r a n t e e d , p r ln . A I n t .
O f th e
c o n s o l s , p a r t Is r e s e r v e d t o r e t i r e , d o l l a r f o r d o l l a r , o l d b o n d s .
V . 8 0 . n.
1 1 7 4 . 1 4 7 0 ; V . 8 1 . p . .10; f o r m o f g u a r a n t y , V . 8 2 , p . 1 2 6 7 . — ( V . 8 1 . p , 3 0 *
V . 8 2 . p . 1 2 6 7 .)
*
BELLINGHAM BAY 6c BRITISH COLUMBIA R R — B e l l i n g h a m t o G l a ­
c i e r , W a s h .. 4 4 .1 6 r n .; b r a n c h fr o m H a m p t o n t o L y n d o n , 5 31 m .: s p u r s .
1 0 .1 0 m . ; y a r d t r a c k a n d s id in g s , 7 .3 6 m .; t o t a l , 6 7 .1 9 m . S t o c k , i l . o o o 0 0 0 . a ll o w n e d b y N e w Y o r k a n d S a n F r a n c is c o p a r t ie s .
L o a n s a n d b in 's
a y a b lo J u n e 3 0 1 90 7 $ 2 2 8 ,0 0 0 .
Y e a r e n d in g J u n e 3 0 1 9 0 7 , g r o s s , $ 2 6 0
8 8 ; n e t . $ 9 7 , 8 8 7 ; o t h e r I n c o m e . $ 2 , 1 1 8 : I n t . a n d t a x e s . $ 5 .1 ,2 8 8 ; b a i . . s u r *
$ 4 6 ,7 1 7 .
P r e s .. H . 11. T a y l o r . — ( V . 8 1 . p . 8 4 0 .)
#

B

3 B E L T L I N E R V . O F M O N T G O M E R Y .— O w ir t r e a l e s t a t e n n d a b e l t lim ­
b i M o n t g o m e r y . A l a . , a b o u t o n e m i l e o f t r a c k 011 T a l l a p o o s a . B e l l , P e r r y a n d
O o lU fp b u s s t r e e t s
A t l a n t i c C o n s t L in a R R . n a y s a n a n n u a l r e n t a l o f $ i& .
531
A t l a n t i c C o n s t L i n e R R . o w n s a b o u t 9 2 % o f t h e $ 2 0 0 , 0 0 0 s t o c k ; n (.,’
$100
Y e a r e n d in g J u n e 3 0 1 9 0 7 . g r o s s , $ 2 0 ,3 9 6 ; n e t , $ 1 6 ,1 3 2 ; b o n d '
in t e r e s t , $ 1 2 ,0 0 0 : t a x e s . $ 1 ,8 1 3 : b a l .. s u r ., $ 2 ,3 1 9 .
B E L T R A I L R O A D 6c S T O C K Y A R D O F I N D I A N A P O L I S . — O w n s 1 4
m ile s o f b e lt r o a d A c .
L e a s e d fo r 9 9 9 y e a r s t o I n d , U n i o n — w h ic h s e e ,




B O C A A 1 . 0 V ALTON R R . — O w n s f r o m B o o n , o n C e n t r a l P s c l l l c n i n ln
l i n e , n o r t h w e s t e r ly v i a L o y a J tO n l a B e c k w i t h , 4 0 m il e s ; 6 m ile s a d d i t i o n a l
m a i n l i n e m u l 1U m i l e s o f B r a n c h e s ; t o t a l . 6 0 m i l e s .
T h o D e n v e r A u in
G r a n d e o r , J u n e s o i u o 7 o w n e d 4 1 .& 0 4 .& 0 0 o f s e c u r i t i e s o f c o m p a n y a m i
a r illla ie d i n m iv s n lM .
,
. . . . .
S t o c k . S I .2 0 0 .0 0 0 : p a r o f s h a r e s . 4 1 3 .
B o n d s c o v e r a ls o R o b e r t a L u m b e r
C o . ' s p r o p e r t y , o o m p r t id n t c 5 2 .7 (1 0 m ir e s o f p l n o l a n d s , w a t e r - w o r k s , A e .
M c r c a t u t l o T r u s t C o . o f S a n F r a n c i s c o Is m o r t g a g e t r u s t e o .
T h o y are s u b ­
je c t t o c a ll fo r s in k in g fo n d a t 1 1 0 a n d In te re s t.
V .7 fl,p . 1101.
I fa m ln it s
f o r y e a r e n » lln ir July .11 lO O -i: R a i l r o a d , t r r o s s , $ 1 -1 3 1 2 0 ; l u m h e r , K r o s s ,
J 2 2 8 .0 8 S ; t o t a l . » S 7 » , 2 l i ; t o t a l n e t . 3 U 0 .3 1 O .— ( v . * 1 , p
* 0 7 .)

BOONVILU: S T . LOUIS A SOUTHERN R V — B o o n v l l t n t n V e r s a i l l e s .
M o ., 44 m ile s
L e a s e d t o M o . F a r . t ill J u l y l 1 0 1 0 a t a n n u a l r e n t a l o f
* 2 3 ,0 0 0 . t a x e s , e x p e n s e s , A c .
S t o c k . * 2 3 0 ,0 0 0 ; p a r o f s h a r e s , » | 2 3 .
B O S T O N A A L B A N Y RR — O w n s f r o m B o s t o n . M a n s . , t o A l l , a n y . N . Y . .
2C n m il e s : n u m e r o u s b r a n c h e s . 1 0 4 m il e s : le a s e d li n e s . 8 3 m ile s t o t a l o p e r ­
a t e d . 3 0 2 m ile s .
A c o n s o lid a t io n o f D e c e m b e r 1 33 7.
L e a s e d I n 1 00 0 f o r m ) y e a r s t o l l m N e w Y o r k C e n t r a l A H u d s o n R i v e r R R ,
fo r g u a r a n t e e d r e n ta l o f 8 % p e r n u n u m o n t h e 4 2 3 .0 0 0 ,0 0 0 s t o r k .p a y a b le
q u a r t e r ly (M a r c h 3 0 , A c ) . o r g a n is a t io n e x p e n s e s . In te re st o n h a n d s , t a x i s ,
e x p e n s e s o f m a in te n a n c e . A n .
T h e B . A A r e c e iv e d fo r c e r ta in p r o p e r ly
n o t I n c l u d e d In t h e l e a s e 4 5 . 0 0 0 , 0 0 0 In N . V . C e n t r a l 3 ) 4 * i o n r e a r d e b e n ­
tu r e s , th u s a d d in g .7 7 % p e r a n n u m t o 8 % g u a r a n te e d o n s t o c k .
S e e le a s n
In V . 8 0 , p . 2 8 2 ; V
n o , li. t o o l . 1 1 0 2 . 1 2 4 0 ; V
7 0. p. 74: V . 7 1 . p . 043.
042
B o n d s o f 11) 0 1 . 4 2 . 0 0 0 . 0 0 0 , w o r e f o r t e r m i n a l f a c i l i t i e s a t B o s t o n , r.f
w h ic h 4 1 .0 0 0 .0 0 0 I s s u e d .
V . 7 1 . p . 1 2 1 8 ; V . 7 2 . p . 4 4 ; Y . 7 3 . p. 7 3 2 .
D I V I D E N D S .— C a s h d iv id e n d s a t t h e r a lo o f 8 % y e a r ly w e re p a id fo r
m a n y y e a r , p r i o r t o H ie l e a s e .
S i n c e 1 0 0 0 8 * f % . v i s . : 2 % e a c h In M a r c h
a n d S e p t e m b e r . 2 ) 4 % In J u n e n n d 2 ) 4 % In D e c e m b e r .
L A U S I N G S n s r e p o r t e d t o S l a t e R a i l r o a d C o m m i s s i o n b y le a a r e ;
Y ea r—
G ross.
N r I.
o t h tr tn e . In t. . d i e s . . A c .
B ou n ce
1 0 0 0 - 0 7 _______ 4 1 2 , 0 0 7 . 3 0 1 $ 1 , 0 4 3 , 1 0 4 4 3 0 2 , 1 4 1 4 3 . 3 3 7 . 7 0 0 d e f . 4 1 . 2 2 2 , 0 3 1
1 0 0 5 .0 0
1 1 ,2 6 3 ,0 7 4
3 .7 4 8 .4 0 2
4 1 5 .1 1 0
3 .8 3 1 .0 8 8
iu r .4 1 0 .8 0 3
I V . 7 3 . |I 7 3 2
1 3 0 1 ; V . 8 3 . p . 0 8 0 ; V . 8 0 , |i. 8 0 .1 . U I 4 3 .I

J

a n .,

1908.J




RAILWAY STOCKS AND BONDS.

23

RAILWAY STOCKS AND BONDS,

24
RAILROADS

I N T E R E S T OR D I V I D E N D S
M ile s
of
Hoad

F o r exp la na tion o f colu m n headings, A c . , see notes
on first page o f tab ns
B o s to n

Ac

L o w e ll— S t o c k —

D o te
of
Bands

—

Monels 20 years not mortgage.
do
do
Bonds
do
do
Bonds
do
do
Bonds
do
do
B onds
do
Bonds
o*___
do
Bonds
do c*___
do
do
Bonds
do

1881)
1892
1893
1805
1804
• 0 7 -’ 9 8
’ O O -'O l
1003
1005
1006
1007

B o s t o n A M a in e
g i v e s ix r e n t a l
g u a r a n t y tor 0 9
y c a l 's

do
B onds
do
do
do
B onds
B onds
do
do
B o s t o n & M a i n e — S t o c k , c o m m o n a n d s c r i p -------------O B
P r e f e r r e d s t o c k 0 % n o n - c u m u l a t i v e .............................0 0
I m p r o v e m e n t b o n d s s f n o t m o r t g a g e o r s u b j t o c a ll
B o n d s (n o t m o rtg a g e ) fo r Im p ro v e m e n t A r e f -.c & r
B o n d s ( n o t m o r t g a g e ) v o i d ................................................. e A r
B o n d s e x c h a n g e d fo r F it c h b u r g s t o c k (V 7 0 p 1 7 5 ).
B o n d s (n o t m o r t g a g e ) , 5 1 ,0 0 0 .0 0 0 —
............................. ...
B o n d s 5 3 . 0 0 0 , 0 0 0 ( n o t m o r t g a g e ) .........................................
B o n d s ( n o t m o r t g a g e ) . 2 0 y e a r ...................................... ..
B o n d s ( n o t m o r t g a g e ) , c u r r e n c y ................................ . c A r
P o r t s m o u t h G r e a t F a lls A C o n w a y 1 st M a s s u m e d . .
N o t e s 5 2 . 0 0 0 . 0 0 0 ....................................................................................
N o t e s 5 5 . 0 0 0 . 0 0 0 ( 5 1 . 0 0 0 . 0 0 0 f l u e J a n 6 1 9 0 0 ) ---------B o s t o n A P r o v id e n c e — S t o c k 1 0 % g u a r 00 y r s GUI C ol
B o n d s , n o t m o r t g a g e — . . . .....................................................0
B o s t o n R e v e r e B e a c h & L y n n — S t o c k ...................................
F i r s t m o r t g a g e $ 1 , 0 0 0 , 0 0 0 g o l d ........................ . b B , c * A r
B o s t o n T e r m in a l C o — F ir s t m o r t g a g e c u r r . . O B .c A r
B r u c e M i n e s & A l — 1 s t M 5 2 5 0 . 0 0 0 g u a r p A I r e d -------B r u n s w ic k A W e s t e r n — S e c A t l a n t i c C o a s t L in o R R .
B u f f a lo C r — C o n ( n o w l s t ) M 5 1 .0 0 0 ,0 0 0 g In t a s r e n t e *
B u f f a l o N e w Y o r k A B r ie — S e e E r i e R a i l r o a d .
B u ffa lo R o c h e s te r A P it t s b u r g h — C o m m o n s t o c k . .T r
P r e f s to c k n o n -c u m c o m m o n 0 % th en p r o r a t a .. T r
R & P 1 st M g o l d R o c h e s t e r t o S a l a m a n c a — U n . c *

1837
1802
1804
1000
1001
1003
1005
1006
1877
1007
1007

73

68

S iz e , or
Par
Value

1)
•Vh
17

1807
1807
1002

100
1 .0 0 0
100
1 .0 0 0 A c
l ,0 0 0 A c
500

4

1801

1 .0 0 0

1881

100
100
1 .0 0 0

* 8 8 - '0 3

100

L E A S E S . — L e a s e d I n 1 8 8 7 f o r 00 y e a r s t o t h e B o s t o n A M a in e a t 7 %
a n n u m o n s t o c k t ill J a n . 1 1 8 0 7 a n d 8 % t h e r e a ft e r .

per

S T O C K A N D B O N D S .— S t o c k a u t h o r iz e d . $ 0 ,8 4 0 ,4 0 0 , b o ln g I n cr e a s e d
$ 2 5 0 , 0 0 0 In J a n . 1 0 0 7 .
T h e d e b e n tu r e s w ere d e s c r ib e d o n p a g e 2 , R U P P .
O f A p r i l 1 8 9 5 .— ( V . 8 5 , p . 3 0 .)
B O S T O N A M A I N E R R . — R O A D . — T h e s y s t e m w it h Its m a n y b r a n c h
lin e s c o v e r s t h e t e r r i t o r y f r o m B o s t o n . M a s s ., t o P o r t l a n d , M e . ( t w o d i v i ­
s i o n s ) , S p r in g f i e ld , M a s s ., S h e r b r o o k e , C a n .. R o t t e r d a m J e t . a n d T r o y ,
N . Y . , W o r c e s t e r , M a s s ., t o P o r t l a n d , M o . , a n d p r a c t i c a l l y a l l N e w 1 1 a m s h lr c .
L in es leased — (C oncluded). M ile s .
L in e s ow ned.
M iles.
F i t c h b u r g .....................................................a -15 8
B o s t o n . M a s s ., t o P o r t l a n d , M e .,
v i a W e s t e r n D i v i s i o n ......................... 1 1 5 N a s h u a A L o w e l l ......... ..........................a t 5
B o s t o n t o P o r t l a n d . E a s t e r n D l v . 1 0 8 W o r c e s t e r N a s h u a A R o c h e s t e r . <i04
C o n n e c t i c u t R i v e r R R ........................ < i8 l
C o n w a y J u n e ., M e ., t o N o r th
72
C o n w a y . N . H .......................................
7 3 O t h e r .................. - ........................................
u
P o r t s m o u t h E l e c t r i c R y ...................
1S| T r a c k a g e r i g h t s .................. ....................
P o r t la n d ,
M e .,
to
R och ester,
N . I I ..............................................................
5 4 T o t a l o p e r a t e d J u l y 1 1 0 0 7 ______2 .2 8 8
2 d tr a c k (3 d A 4 th t r a c k . 1 0) 521
N o r th C a m b r id g e J e t . t o N o r t h ­
a m p t o n . M a s s .. . . . . . . . . . . . .
0 8 C o n t r o ls M a in e C e n t , (w h ic h s e e ) 0 31
S t. J oh n sb u ry A L ake C h am p. 1 3 1
S u n d r y b r a n c h e s .........................
148
L in e s tensed,
a S c o th is c o m p a n y .
Y o r k H a r b o r A B e a c h ..................
11
B o s to n A L o w e ll.. . . . . . . . . . ...« 4 A u
V e r m o n t V a l l e y ................................
24
C o n c o r d A M o n t r e a l _________________ o 4 7 $ I
S u l l i v a n C o u n t y ..............................
28
O R G A N I Z A T I O N , E T C .— A n a g r e e m e n t w it h N e w Y o r k N e w H a v e n A
H a r t f o r d r e g a r d i n g d i v i s i o n o f t e r r i t o r y w a s m a d e In 1 8 0 3 , V . 5 8 . p . 4 8 4 .
In J u n e 1 0 0 7 th e N e w Y o r k N e w H a v e n A H a r t fo r d a c q u ir e d 5 1 0 .0 0 4 .8 0 0
( a b o u t 3 8 % ) o f th e s l o c k , w h ic h w a s e x c h a n g e d , s h a r e fo r s h a r e , fo r s t o c k
o f H in t c o m p a n y , h u t fu r t h e r p u r c h a s e s c e a s e d o n p a s s a g e o f t h e “ a n t i
m e r g e r l a w / ' w h ic h p r e v e n t s c o n s o lid a t io n p r io r t o J u ly l 1 0 0 8 .
V . h i,
p . 1303; V . 8 5 . p . 3 0 . 1 80. 8 0 3 , 1200, 1517.
S T O C K .— S t o c k h o ld e r s In A u g . 1 0 0 8 s u b s c r ib e d f o r $ 3 ,8 3 3 ,7 0 0 o f th e
s t o c k a t 5 1 8 5 p e r s h a r e , t o b e p a i d In f u l l S c o t , t 1 0 0 8 , o r o p t i o n a l l y In f o u r
e q u a l I n s t a l l m e n t s o n S e p t . 1 1 0 0 8 , J u n e 2 0 1 0 0 7 . A u g . 3 1 1 0 0 7 a n d D e c . 31
1 0 0 7 , th e p r o c e e d s t o b e u se d o n a c c o u n t o f p r o p o s e d e x p e n d itu r e s n g g r e
g a t i n g $ 9 , 7 0 0 , 0 0 0 , I n c l u d i n g $ 5 , 0 0 0 , 0 0 0 f o r e q u i p m e n t , Ace., r a i s i n g a m o u n t
o u t s t a n d in g , w h e n fu lly p a i d , t o $ 2 8 ,2 7 1 ,7 0 0 ; a b o u t $ 2 ,8 0 0 ,0 0 0 r e m a in in g
a v a ila b le fo r s a le n s r e q u ir e d .
V . 8 1 , p . 8 0 0 , 0 7 4 , 1174: V . 8 2 , p . 1378;
V . 8 3 . p . 1 5 4 . 401 V . 8 5 . p . 8 5 0 .
D I V I D E N D S . J '67. * 8 8 , '8 0 . '0 0 . ’ 0 1 . ’ 0 2 . ’ 0 3 . '9 4 - ' 9 8 . '0 0 . '0 0 - 0 7 .
'0 8 .
O n c o m m o n _____ i l o
o
o
o h
0
8
8
8 y 'r l y 8 i f 7 y ’ rly J a n . l H
-• B O N D S .— A x t o d e b e n t u r e * , w o Issu e o f A p r il 1 8 0 5 .
I u M a r c h 1 0 0 6 5 1 0 . 0 0 0 , 0 0 0 2 0 - y e a r 4 % c u r r e n c y b o n d s d a t e d .S e n t . I 1 00 8
w•ere
e re s o ld t o r e fu n d a n d p a y b o n u
d s a n d n o t e s m a ti u
mr iinn g S e p t , a n d O c t . 1 9 0 6
a n d fo r o th e r n e cessa ry p u rp oses.
V . 8 1 . p . «0 77 4i ,. 8 0 0 , 1 1 7 4 : V . 8
J! 2 . p . 5 6 7 :
V . 83, p. 36. 322.
S t o c k h o ld e r s v o t e d O e t . 6 1 007 t o a u th o r iz e n o t’ to e x
c o e d $ 4 ,0 0 0 ,0 0 0 b o n d s t o p a y flo a tin g d e b t a n d fo r I m p r o v e m e n t s .
V. 85.
p. 702, 840.
N o te s p a y a b le S e p t . 3 0 1 0 0 7 , $ 0 ,3 0 0 ,0 0 0 .
In J a n . 1007
S 3 .n u n .o o o o n o - y e a r n o t e s w e r e s o l d , o f w h ic h SI .0 0 0 .0 0 0 e a c h d a t e d J a n . 1 5 ,
F e b . 1 a n d M a r c h 1 1 0 0 7 a m ! In S e p t . 1 0 0 7 $ 4 ,0 0 0 ,0 0 0 o n e y e a r n o t e s .
T h e $ 1 ,0 0 0 ,0 0 0 n o te s m a im in g J a n . 15 1 0 0 8 w e r e e x t e n d e d to J a n . 6 1 00 9
at « % .
V . 8 4 . p . 10| ; V . 8 3 . p . 702* V . 8 4 . p . 5 1.
t l h c d n u A M a in e g u a r a n t e e s 5 1 ,3 2 8 ,0 0 0 fir s t 5 s o f S t . J o h n s b u r y A L a k e
C h a m p la in .
A ls o In te re s t o n $ 2 7 4 ,0 0 0 M a n c h e s t e r A L a w r e n c e 4s
J o in t ly
w i t h M a lm : C e n t r a l g u a r a n t e e s $ 3 0 0 , 0 0 0 P o r t l a n d S t a t i o n b o n d s ,
E A R N I N G S . — F o r th e 3 m o n t h s e n d in g S e p t . 3 0 ( V
8 5 . p . 133 2. 1338)
A m ot.
G ross.
A !et.
Uth. Inc.
Charges
H a l., Xur.

0 7 __________$ 1 1 , 4 0 7 , 4 0 2
1 0 0 4 .. .
. 1 1 . 0 1 ) 4 ,0 8 0

$ 3 ,5 4 1 ,7 2 2
3 ,3 1 6 ,4 0 9

$ 1 3 5 ,4 4 0
1 4 8 .4 0 7

$ 2 ,3 8 3 ,8 6 6
2 ,0 4 7 .5 9 8

$ 1 ,2 0 3 ,5 0 7
1 ,4 3 4 .6 1 4

M A N N U A L R E P O R T . — A n n u a l m e e t i n g s e c o n d W e d n e s d a y |p O c t o b e r .
A n n u a l r e p o r t 1 9 0 6 - 0 7 In V . 8 5 . p , 8 3 9 . s h o w e d r e s u l t s a s f o l l o w s :
J Y V d r ending J u n e 3 0 .
1007.
1904.
1005.
M i l e s o p e r a t e d J u n e 3 0 .....................................
2 ,2 8 8
2 .2 8 7
2 ,2 8 7
P a s i e n g c r d e p a r t m e n t .................................... $ 1 3 , 6 9 4 , 1 6 4 5 1 3 . 2 u i . 5 8 1 $ 1 2 , 5 3 0 , 4 7 2
2 3 ,3 1 7 .5 5 0
2 1 .8 0 8 .0 7 0
F r e i g h t d e p a r t m e n t ......................................... 2 5 . 3 6 7 . 9 3 8
M a l t s , e x p r e s s . A c ............ . .............
.
2 ,1 7 3 ,1 5 4
2 ,0 7 5 ,0 4 0
1 ,8 7 4 , 7 0 3
T o t a l g r o s s e a rn in g s
____ .................. $ 4 1 , 1 2 5 , 2 5 4 $ 3 0 , 2 1 4 , 2 0 3 $ 3 4 , 2 1 3 , 2 4 5
“ N e t r arnlngs
—
. .. ........................ . ..$1 0 ,1 3 6,8 50
$0,840,831 sp , 5 0 3 , 5 0 5
N e t . In clu d in g o t h e r In c o m e . . . . .
. $ 1 0 , 8 6 1 , 2 1 8 $ 1 9 , 4 8 3 , 0 1 0 $ I o . 1 8 1 .0 0 4
In terest
1 .4 4 5 .3 1
1 ,4 7 4 .4 7 0
1 ,4 8 4 , 1 4 0
R e n t a ls ... .
3 ,1 1 2 ,8 0 0
6 ,0 7 4 .6 8 4
3 .0 6 0 ,5 7 8
T a x e s ...............
I .4 7 4 .8 3 4
1 .7 4 3 . 4 0 0
1 .4 0 3 .4 0 0
D iv id e n d s . .
1 .0 7 3 .3 3 2
1 ,9 3 4 .4 4 6
1 ,8 0 6 ,6 4 4
S in k in g fu n d
2 8 ,7 8 5
1 3 4 .2 8 3
1 3 4 .2 8 5
B a l a n c e , s u r p l u s . . _________

________

$ 1 3 2 ,4 1 5

$ 2 1 7 ,2 7 3

$ 7 6 ,9 2 4

. . / >,/ p ,IP P I t s vrr P r , , v • L u c i u s T u t t l e ; 4 t h V . - P . a n d G e n e r a l A u d i t o r .
W . J . H o b b s ; T r e n t . , H e r b e r t 12. F i s h e r .
O ffic e , B o s to n .
^ D i r e c t o r s — L u c iu s T u t t le . R ic h a r d O ln e y , W a lt e r H u n ite w o ll, B o s to n ;
J o s e p h 11. W h i t e . M o w s W i l l i a m s , B r o o k l i n e , M a s s .; L . C . L c d y a r d , H e n r y
P . D t m o c k , C . M . P r a t t , N e w Y o r k ; S a m u e l C . L a w r e n c e . M e d fo r d : A . W .
S u llo w a y
F r a n k l in . N . I I .: W i n , W h i t i n g . H o l y o k e , M a o s .; A l e x a n d e r
C och ran e
B o s to n . — (V
8 3 , p . 1 4 6 1 . 1 3 1 7 ; V . 8 6 , p . 5 1 .)

JRQSTO . & ’ PROVIDENCE R R . — O w n s B o s t o n . M a a s . ,
I V I . . I t m i l e s ; b r a n c h e s , Z0 m i l e s .
L e a s e d uO y e a r s , A p r i l
C o lo n y H R .; re n ta l i o % y e a r ly o n s t o c k .
I n J u n e 10 0 7 a
p e r m it t i n g c o n s o li d a t io n w it h o l d C o lo n y , . R . — ( V , 8 4 p .




A m oun t
Outstanding

$100
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 .0 0 0
1 .0 0 0
I .0 0 0
1 .0 0 0
1 .0 0 0
1 ,0 0 0
1 ,0 0 0
l .0 0 0
100
100
l .0 0 0
1 ,0 0 0 A c
l .0 0 0
l .0 0 0
l .0 0 0
1 .0 0 0
1 .0 0 0
1 ,0 0 0 A c
500 A c

B O S T O N A L O W E L L R R . — R O A D . — O w n s B o s t o n t o L o w e l l. 2 0 m ile s ;
b r a n c h e s — S a le m a n d L o w e l l. 17 m ile s : L o w e l l a n d L a w r e n c e . 12 m ile s ;
o t h e r s . 4 5 m i l e s ; M i d d l e s e x C e n t r a l , 11 m i l e s ; l e a s e s — C o n n e c t i c u t Ac P n s s u m n d o . 110 m i l e s ; N a s h u a Ac L o w e l l , 15 m i l e s ; P e t e r b o r o u g h , to m i l e s ;
N o r t h e r n N . H , 8 3 m ile s ( a n d s u b s i d i a r y lin e s 0 0 m i l e s ) ; S t o n y B r o o k R R . ,
1 3 m ile s ; W i l t o n R R . , 15 m ile s . L e a s e s m o s t l y a s s u m e d b y B u s t o n J c M a in e .

J

[ V O L . I.XXXVJL

t o f ft.p r.......................
o v U lc n c c .
1 1888. to o ld
'l a w w it * s i g n e d
J 4 8 7 .)

$ 6 ,5 9 0 ,4 0 0
8
4
5 5 0 ,0 0 0
1 . 0 0 0 .0 0 0
4
1 .0 0 0 . 0 0 0
4
5 0 0 ,0 0 0
•I
7 5 0 ,0 0 0
4
4 1 4 .0 0 0
4
0 3 0 ,0 0 0
•v;
2 5 0 .0 0 0
•1.4
5 0 0 .0 0 0
a >s
5 0 0 .0 0 0
4
3 2 5 .0 0 0
4
2 8 . 2 0 1 . 7 0 0 7 111 1 0 0 7
3 ,1 4 0 .8 0 0
ft
1 . 0 1 9 .0 0 0
4
2 . 5 0 0 .O 00
4
6 ,0 0 0 .0 0 0
I M It
5 .4 5 4 .0 0 0
3 ff
1 ,0 0 0 .0 0 0
3 'i
2 .0 0 0 ,0 0 0
3H
5 0 0 .0 0 0
a .4
4
1 0 .0 0 0 .0 0 0
1 . 0 0 0 ,0 0 0
•IM
2 .0 0 0 .0 0 0
5
5 .0 0 0 .0 0 0
6
4 , 0 0 0 .0 0 0
10
2 ,1 7 0 .0 0 0
4
8 5 0 .0 0 0 S e e t e x t
8 5 0 ,0 0 0
I.M 1!
I t .0 0 0 .0 0 0
3M
1 5 0 ,0 0 0
9 g
1 .0 0 0 .0 0 0

W h en
Pu gable

R ais
%

5 g

J

A
J
A
C)
A
O
A
A
A
S
A
J
A
O
A
J
A
N
A
S
A
N
A
J
(3— J
M
A
S
F
A
A
F
A
A
.1
A
J
J
A
J
M
A
N
A
J
J
F
Ac A
A
S
M
A
I)
J
V a r io u s
3 — J
a — j
J
A
J
1
A
J
J
A
J
T ext
J
*
u
A
A
F
M
J
A
.1
M
M
M
J

J

1 0 ,5 0 0 .0 0 0 S e e t e x t F
6 . 0 0 0 . 0 0 0 « 111 1 0 0 7 F
1 .3 0 0 , 0 0 0
F
o e

W here Pagnhle. and b\j
W h om
At

O ffic e , B o s to n
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
A t O f f .C a u s e w a y S t , B o s
do
do
(lo
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
B o s t o n T e r m , R o o m -124
do
do
O f f i c e , o r c h e e k s m a ile d
S ta te S t T ru s t C o , B o s to n
S ta te N a t io n a l B k . D ost
K n ic k e r b o c k e r T r C o N Y

B o n d s— P i I n : l p a l. W h en D u e
S tocks- -Lust
D iv id en d
J a n Z 1 0 0 8 4%
A p r 1 lo o o
A p r I 1 0.1 2
F e b 1 li) l.l
M ch I 1015
J u ly 1 1010
O ct 1017 A 1018
1 010 A 1021
M a y 1 102.1
S e p t l 1025
N o v I 1020
J u ly 1 1027
J a n 1 1008 1
S e p t 3 1007
F e l) 1 1 0 3 7
A u g 1 1042
J a il 1 1041
J u ly 1 1 03 0
N o v I 1021
J a il 1 1 023
F e b 2 1025
S e p t 1 1020
J u n e 1 1037
F e b M eb ’08
O c t '0 8 - J a u ’ 0 9
Jan
1 1008 2 H
J u l y 1 1 01 8
J a il I 1 0 0 8 3 %
J u ly 15 1027
F e b 1 1047
J u n e 1 1052

A

J jF a r m e r s ' L o a n A T r . N Y J a n

A
A
A

A 36
A
A

W a ll
do
do

S I.

1 1041

N e w Y o r k A u g 15 1 0 0 7 Z lj
A u g 15 1 0 0 7 3 %
do
do
F e b 1 1021

B O S T O N R E V E R E B E A C H A L Y N N R R .— O w n s n a rro w -g a u g e r o a d
f r o m L y n n t o E a s t B o s t o n . M a s s ., o m il e s , c o n n e c t i n g w it h B o s t o n b y c o m *
n fc n y s fe r r y -b o a t s ; W ln t h r o p D iv is io n , E a s t B o s to n t o W l n t h r o p . 5 m ile s .
O f t h e 4 H ® O f 1 8 0 7 b a l a n c e u n i s s u e d is f o r I m p r o v e m e n t s .
V . 43, p, 48;
V . 83, d . 370.
N o t e s p a y a b le J u ly 1 1 0 0 7 , $ 2 0 0 ,0 0 0 .
D I V 'D S .
\ 1 8 8 8 - 0 1 , '0 2 . * 0 3 . '0 4 .
5 H
5
4M
P e r c e n t ............ / 7 y e a r l y
In 1 0 0 7 , J a n ., 2 ? « ; J u ly . 3 % .

0 5 . '0 0
4
3

*0 7 t o '0 5 . ' 0 4 . ’ 0 7 . 1 0 0 8 .
2 y e a r ly
4
5 J a n ., 3

E A R N I N G S .— Y e a r e n d s J u n e 3 0 .
Year —
G ross.
N et.
In t .,* t a x e s . D ie s . paid.
D a t.,su r .
$ 1 ,2 7 8
1 U U 0 -O 7 ............................. $ 8 1 0 , 0 7 3
$ 1 0 3 ,5 8 1
$ 4 1 ,8 0 2
( 6 % ) $ 4 3 .6 0 0
1 0 0 3 -0 4 . . . . . . . . . .
7 4 7 .6 1 0
U 8 .2 1 1
4 2 .1 0 3
( 4 % ) 8 1 .0 0 0
2 .0 1 8
— V . 4 9 , p . 9 5 3 ; V . 8 1 , p . 1 7 2 2 ; V . 8 3 . p . 2 7 0 . 3 7 0 ; V . 8 1 . p . 1 3 6 5 .)

BOSTON TERM IN AL CO.— O w n s S o u t h e r n U n i o n D e p o t I n B o s t o n
o p e n e d In 1 8 0 0 .
V. 48. p . 40; V . 60. p . 391.
B o s to n A A lb a n y , N ow E n g ­
la n d . B o s t o n A P r o v . , O ld C o lo n y a n d N . Y . N . I I . A H a r t f o r d R l t . C o s .
e a c h o w n s o n e - f i f t h o f t h e $ 3 0 0 , 0 0 0 c a p i t a l s l o c k a n d p a y a * r e n t a l In m o n t h l y
I n s t a llm e n t s s u m s s u f fic ie n t t o p a y a ll e x p e n s e s , c h a r g e s . I n t e r e s t o n b o n d s
a n d 4 % on stock .
T h e s e c o m p a n i e s a r e J o i n t l y l i a b l e f o r a n y d e f i c i e n c y in
c a s e o f fo r e clo s u re .
R e g . h it, p a y a b le Q -F : c o u p o n s F & A .— ( V , 6 » , p . 3 9 1 .)
B R O C K V I L L O W E S T P O R T A N O R T H W E S T E R N R Y .— ( V . 8 2 , p . 1 2 6 7 .)

BUFFALO CREEK R R . — O w n s 4 m i l e s o f t e r m i n a l m a i l I n B u f f a l o , N . Y .
I n D e c e m b e r 1 8 8 9 l e a s e d f o r t e r m o f c h a r t e r le s s o n u c l a y t o t h e L e h i g h V a l
l e y a n d t h e E r lo R R . . w h i c h t o g e t h e r o w n e n t ir e c a p i t a l s t o c k o f $ 2 5 0 ,0 0 0 .
R e n t a l Is I n t e r e s t o n b o n d s a n d 7 % o n s t o c k . — ( V . 8 4 . p , 5 0 . )
BUFFALO ROCHESTER A PITTSBU RGH R A IL W A Y .— (S e e A fo p .)—
O p e r a te s fr o m

B u ffa lo a m ! K o c h .. N . Y . , t o b it u m in o u s c o a l r e g io n s .

O R G A N I Z A T I O N , E T C .— S u c c e s s o r I n M a r c h 1 8 8 7 t o t h e R o c h e s t e r A
P i t t s b u r g h , w h i c h w a s f o r e c l o s e d t o O e t . 1 8 8 5 . p e r p l a n In V . 4 1 , p . 5 1 f t .
T h e e n t ir e c a p it a l s t o c k ($ 4 .0 0 0 .o o o ) o f th e R o c h e s t e r A P it t s b u r g h C o a l
A I r o n C o . w a s o w n e d ( V . 6 4 . p . 1 0 8 8 ) a n t i t h r o u g h t h a t c o m p a n y In M a y
1 8 0 6 c o n t r o l w a s a c q u i r e d o f t h e J e f f e r s o n A C l e a r f i e l d C -on l A I r o n C o . ( s e e
t h a t c o . u n d e r “ I n d u s t r ia ls " ) w ith $ 3 ,0 0 0 ,0 0 0 s t o r k .
In 1906 th e s t o c k
o f t h e R o c h . A P i t t s . C , Ac I . C*>. w a s t r a n s f e r r e d ( s u b j e c t t o t h e li e n o f t h e
g e n e r a l n itg e .) t o th e M a h o n in g I n v e s t m e n t C o ., h a v in g $ 4 ,2 0 0 ,0 0 0 a u t h o r ­
i z e d s l o c k In $ 1 0 0 s h a r e s . In c o n s i d e r a t i o n o f $ 4 , 1 2 5 , 0 0 0 s t o c k , t h e l a t t e r
b e i n g d i s t r i b u t e d D e o . 1 0 0 6 p r o r a t a In p r o p o r t i o n o f 2 5 % a m o n g t h e
h o ld e r s o f R y . c o m m o n a n d p r e fe r r e d s t o c k * .
V . 8 3 , p . 1468.
V. 86, n.
4 1 4 ,4 1 5 ; r e p o r t. V . 8 5 , n . 5 0 8 .
F o r b o n d s o f th ese c o a l c o m p a n ie s s e c ta b ic
above.
C le a r fie ld A M a h o n i n g s e c u r i t ie s a r e g u a r a n t e e d . , A l l e g h e n y
A
W e s t e r n . S ee b e lo w
I n A u g . 1001 a l l i e d I n t e r e s t s p u r c h a s e d u p w a r d s o f
2 3 ,0 0 0 a c r e s o f e o n l lo m ls In I n d ia n a C o . , P u .
V . 73, p . 183, 347,
L ake
O n ta r io C a r fe r r y . V . 8 3 , p . 3 20 .
L in es owned in fee—
*
M iles.
Truckage (Concluded) —
Mlies.
B u ffa lo C r e e k . N .
Y ..
to
M t.
W illo w G r o v e t o P it t s b u r g h , P a 7
J ew ett, Pa
............................................1 0 1 P e n n . R R . — P e n n . R l l . J e t . t o
C la r io n J e t. to
L i n d s e y . P a _____
60
S h u m a n R u n Y . P a ........................... 1 9
.................
6
O th er
R o c h e s t e r t o A s h f o r d . N . Y ___ - » i
/.ea sed — Stock not a im ed —
C h a r l o t t e . N . Y . t o L i n c o l n P a r k 10
In d ia n a B r a n c h
. . . _____ 6 3
A l l c rbony A vyMtern a
F i v e b r u n c h e s ............................................... 2 0
P u n x s u ta w n e y t o B u tle r , P a .,
Trackage —
A c ................................
66
E r i e — M t . J e w e t t t o C l a r i o n J e t . . 2 t C l e a r f i e l d A M a h o n i n g — it
B a lt im o r e A O h io —
C le a r fie ld t o B e e c h C r o c k R R .
26
B u t l e r , P a . , t o N e w c a s t l e ___ _
II M a h o n i n g V a l l e y H U . . . . .
- Z
III h o l d J e t . t o A l l e g h e n y C i t y . 3 9
T o t a l July 1 9 0 7 ( a S e e s e p a r a t e s t a t e m e n t f o r t h i s c o m p a n y ) ............... . 3 4 9
S T O C K .— T h u s t o c k h o ld e r s v o t e d N o v . 2 ! 1 90 4 t o In cre a se th e c o m m o n
s t o c k f r o m 5 0 . 0 0 0 . 0 0 0 t o $ 1 2 , 0 0 0 , 0 0 0 ; $ 1 . 5 0 0 . 0 0 0 w a s s u b s c r i b e d f o r In 1 9 0 5
b y s t o c k h o ld e r s a t p a r .
V . 7 0 . p . 48.*,. 1 9 0 6 ; V . 8 0 , p . l i f t
D I V . ( % ) \ ' 0 3 . ' n t . 9 4 . '0 7 . '9 8 . '9 9 . '0 0 . '0 1 . *0 . '0 3 . '0 4 . '0 f t , * 0 6 . 1 0 0 7 .
P r e f. . 1 1 H
o
l
2
2
6
6
0
6
4
6
6
6
C om
.
__
................................... 4
4
DV4 ft
6
6
B e lo w
I n 1 0 0 7 . on c o m m o n . F o b ., 3 % ; A u g .. 2 U %
T h e M a h o n in g I n v e s tm e n t
C o . *n A u g . 1 0 0 7 a l s o p a i d a 2 % d i v i d e n d o n I t s s t o c k , t h u s o f f s e t t i n g t h e
r e d u c tio n .
C o m p a r e '' O r g a n i z a t i o n " a b o v e .
V
8 3. p . 283.
B O N D S . -G e n e r a l 5 * fo r $ 5 ,5 7 3 ,0 0 0 a re r e s e r v e d f o r p r io r b o n d s , A c .
T h e $ 2 , 0 0 0 , 0 0 0 d e b e n t u r e s o f 1 8 9 7 in t h e t r e a s u r y a r e c o n v e r t i b l e I n t o c o m
t n o n s t o c k a t p a r a n d s u b j e c t t o c a l l a t 1 0 2 HI: t h e y m e t o b e s e c u r e d b y a n y
s u b s e q u e n t m t g e . u n le s s m a d e f o r r e f u n d in g e x is t i n g p r io r lie n s o r f o r e x ­
te n sio n s e x c lu s iv e ly .
S e e V . 6 4 , p 7 0rt; V . 7 3 . p
1009, 1111.
R . A I*. In
c o m e . ft-*. S 3 , OUO,
S t o c k h o l d e r '! v o t e d A p r i l 2 5 1 0 0 7 t o a u l h o t l x c a n i t r e . t o s e c u r e a n J w u e
o f $ 3 3 ,0 0 0 0 0 0 3 0 - y e a r c o n s o ls t o b e a r n o t o v e r 4 ) 4 % I n t e r e s t , o f w h ic h
$ 3 .0 0 0 .1
1 <k 11r,) , |,> it o n c e , J1H 143.U O O t o r e t i r e u n d e r l y i n g o b l i 111■*fi
t(
o r b e f o r e m a t u r it y a m i t h e r e m a in in g $ 1 3 ,8 5 5 ,0 0 0 t o b e r e s e r v e d f o r fu t u r e
r e q u i r e m e n t s a f t e r J u l y i i u o s a t n o t o v e r $ 1 , 6 0 0 , 0 0 0 y e a r l y In 1 9 0 8 o r
s u b s e q u e n t c a l e n d a r y e a r s , o r s u c h l a r g e r a m o u n t In a n y y e a r a .s s t o c k ­
h o ld e r s m a y a u th o r iz e ,
in J u n e 1 0 0 7 4 1 .0 0 0 ,0 0 0 w e r e s o ld .
V . 84. p.
8 6 7 . 1306; V . 8 5, p 3 0. 414.
I n M a rc h 1 90 7 m a d e a $ 1 ,0 0 0 ,0 0 0 4 % o n e
y e a r lo a n
V . 8 4 . p . 1 )3 0; V . 8 3 . p 4 1 4 .
A l i n k i n g fu n d o f 5 % w ill r e t i r e s e r ie s A . B A C e q u i p m e n t b o n d s a n n u a l ly
o n M a y l . If p u r c h a s a b l e a t o r b e l o w p a r : O t h e r w i s e t o b e a p p l i e d t o t h e p u r *
C h ase o f a d d it io n a l e q u ip m e n t .
V , 6 9 , p , 1131; V . 7 1 , p . 501; V . 7 3 , n, 34 k .
S e r i e s I) a n d E h a v e a n a n n u a l s i n k i n g f u n d «>f 6 % f o r p u r c h a s e o f b o n d s
S e p t. 1 a n d M a y l , r e s p e c t iv e ly , a t 105 a n d In te re st; If n o t p u r c h a s a b le ,
b o n d s m a y b o d r a w n b y l o t ; S e r i e s E m a y a l s o b e c a l l e d a s a n e n t i r e t y a t lQ ft,
S e r ie s F m a y b e p u r c h a s e d b y s in k in g f u n d a t n o t o v e r p a r o r d r a w n b y lo t
a t p a r a n d m a y a ls o b e d r a w n a t 102 a n d In te re s t o n a n y In te re s t d a y V .8 4 ,
p. 1 3 4 3 ; V . 8 5 . p . 2 8 3 . 4 1 4 . 8 0 3 . R e a l e s t a t e m t g W . , 5 A & K % , $ 3 0 4 , 0 0 0 .
E A R N I N G S . — 5 i n n s . , 1 1 0 0 7 .................. G r o s s , $ 4 4 0 3 ,0 4 1 ) ; n e t , $ 1 , 7 6 1 , 7 0 8
J u ly l to N o v . 3 0 .
I 1 9 0 0 _____. . G r o s s ,
3 ,6 1 8 .6 8 0 : n e t ,
1 .4 6 0 .0 5 6
F o r 3 m o * , e n d in g S e p t 3 0 1 9 0 7 . n e t o v e r t a x e s . $ 8 1 4 ,5 6 3 a g s t. $ 7 6 7 ,8 0 6
In 1 0 0 0 ; o t h e r I n c o m e . $ 1 4 9 , 9 4 4 ; c h a r g e s , $ 4 3 8 , 4 3 8 ; b . t L , $ 6 2 6 , 0 6 9 ,

WitiHowS

W h itb y

BUFFALO, ROCHESTER
m PITTSBURGH RAILWAY

.Fulton Clialn

Sandy Creek Jc.

TORONTO
Y R ichland

C a iu d c n

|Cciitr*l Square

AND CONNECTIONS

lla m m n :

T euton Kail*
ila m lU "

OC H ESTER

BrntitforU

T x x ’k p o r t

^ ^ t N

/ WaTiinirloii

v v j i r k /

S a r a to g

Da.11>ton

, - 0 n>

Cana-lotJ

CIiHt»nhjli5A^rHo^|

iS y r a c 'u i

EerkJm

L ondon

M l. n J c T ' f c t j

= T

i. i c

®

RAILWAY STOCKS AND BONDS.

A M h i)X
\

St Tlionui*

MiCH.Olcno-M.

"

•—■
»E «r

|,ia 1

F onda

. R ichfield

CnnundolJuT

1*. ArV*1/,!

r

\\

^
S ch en ecta d y

/ D o Hoyt

(tllo n

K c * Berlin

\

C<;uooMU

S h a i^ u s p r * .

C oup*m l

-/SC ortlatnl

irflftQVILlEU
/

D u n k irk #

FrrcTlilt*

ilwyi«D

IIleevIlt'l

B rcn T o/v

•

iV.Tui' /(

V a lU r l

/

B looruvtlle

ErlMACHUI

ASH FO RD

Cb«‘ iu » n ^ (\

i;:ii\.i«viii- J

F ork»i

On *t >AlUy/
v

j

A L A M A N C & S .* *

.

W e lls v l Ho
A d d iso n *

rJ4uic»toa*,|

[CorninJ

Su ite L l c l

i
J

/

‘ftlncavllfc
lO d o w r l

\CoiutXMtyn \
[ -—niii^.’.kcn*E*i
* -N1
O

V 1
V U » ;e r iy
/ \ v t . j c w S t -t W .

K u^Ji

j

\

.

AYaVerly

Fall Brook

/

jToVfBO/

CMR'O* J<XCQC
jO H N ic r iD u n c r f

Hoytvllle

1

.

1

T ir a f t o a

/

Fou

S a t t e r fie ld

M iddletow n!

.Emporium |

Carrp.iL J u n cl'M iife M . /
Carmau r U. /

i

t U e n v U le

Towando}
'bon dale

/''lllD O W A jgl/'

N ew burvh

G n a t Bend'

BiiA D ronbM ''x_^

J

Union C it y

A lto n

E lm ir a

\*priftwpod

rA

L n iiiircrO ^
o n o c r , v . '* » v i u t p a i^o-

t^L

LANE*. M ilL ^ b

R e novo

\

J » r m n n - RxXshoi^^^

i c r r r m o * M i N t s C O ^ 'v ''^ ’

L o c k H a v tn
W . X l l t o i . b ^ lllK m
DelAWATU'

lliance

LeetouU

B c lW o u t e

Ur boo

ty

S cHi u c t o t * Jc.j
T u t n v ju a

ilu m tu W ir

d rru n a

y.tnr+ijQ'

W a ter U oj

^ ,^ -^ S u n b iu V

A l l'-n n .u n '

F o lt-v iJ I
T yrone

Belhlel

•Tan., 1908.1

Lcw ndonn




IlStOWJ

H untingdon
S B U R G K ^ V

X lalrvvillc.;
/
lo t.
J ohnstow n

dUnjnubarg

M u U n io n

G e t t y * b n n r **•

lA R R IS B U ^ G

H e n r ie t t a ^ '

w c a lx v U U ?

Bel InIre
Con«eli.<viib.

Colum bia'

D ow u lt

26

RAILWAY STOCKS ANL) BONDS.
R M T M O ID S

h W l 'K I C S T O R D I V I D E N D S

MllCS

F o r exp la na tion o f colum n tr a d in g s, A c . , see notes
o n first p oor o f tables

of
Road

B u f f a l o R o c h e s t e r & P i t t s b u r g h — (Continued) —
« I U P c o u s n l M 9 3 0 , 0 0 0 p e r m l!c* g o l d t f U a K . U i t . c *
D R & P fir s t g e n m t g o ( J 1 0 ,0 0 0 .0 0 0 ) g o l d . _ . U n .c *
L in c o ln P a r k A C h a r lo tte 1 st M g o ld r iu tr
U n .c *
0 R & P c o n s o l m t g e I 3 G .0 0 0 .0 0 0 g o l d . C e . x . c '& r
C o n s t r u c t i o n A I m p r o v 'f c n o t e s ( V 8 3 p 1 3 2 2 ) _______ c
• • O n e - y e a r l o a n .......................................................................................
B T R A P c a r t r u s t # g o l d d u e ( i c m l - a n n u n l '. y ..................
E q u i p m e n t b o n d s 9 3 0 0 ,0 0 0 g o l d * f S<*r A _____ ( ! . « ’ ♦

do
do
B & O I 1 .000.000 each gold s f . . . . 0
do
do
D $2,000,000 gold red 103 sink fu n d .
do
do
E 9 2,000,000gold red 103 sink fu n d .,
do
do
P S3.000.000gold red sinking fu n d ...
Buffalo & Susquehanna R R — Comm on slock guar 4%
Preferred stuck 4% non-cumulnllvn guaranteed 4%
First M gold sinking fund redeem at par. ..M a .c*& r
First refunding m ortgage gold (see te x t). .iMo.c*&r
Buffalo A Susq R y— First M 98.000.000 go d .U s .c* A t
Equipm ent trust honda part due aeml a n n .. .(Jsm .c
do
do
Ser It (V M 3 p 30 ) 9 2 7 .0 0 0 s-a ..U sm
do
do
Her O (V 85 p 283) 945.000 s a . PeP

D ole
Of

Bonds

200

1882
1887
18 8 0
1907
1900
1007
181)7
181)0

273

in

348

S iz e , or
par
V a lue

31.000
•.0 0 0

1.000

1 .0 0 0
1 .0 0 0

1 .0 0 0

1.000
1 .0 0 0

1.000
1.000

102

205

1803

I0O1

1003

11)00
1007
1007
1007

581

1 .0 0 0

500
1 .0 0 0
1 .0 0 0

3 2 .8 7 1 .6 3 8
3 7 0 3 .1 7 4
1 8 5 .8 3 5
6 1 8 .7 7 4
(6 )3 6 0 ,0 0 0
(6 )5 1 0 ,0 0 0

1.000
1,ooo
i .0 0 0

1 .0 0 0

1.000
1 .00 0
500
300

23

1 .0 0 0

1 .000
3 or £

3 2 .0 2 0 .7 6 2
3 7 7 8 .0 3 0
4 7 2 .6 6 9
0 fi0 .1 8 H
(6 )3 6 0 ,0 0 0
< 6 )4 9 8 .0 0 0

B U F F A L O A S U S Q U E H A N N A R Y — ( S e a M V i p ,) — O w n s f r o m W e l l s v il li * . N . Y . . t o B u f f a l o . 8 6 m i l e s
T h i s c o m p a n y le ? is c s H . A S . U R . f o r
9 9 9 y e a r s fr o m J u ly 1 1 907 fo r In te re st o n b o n d 9 a n d g u a r a n te e d d iv id e n d s
o f 4 % y e a r ly o n th e c a p it a l s t o c k .
H a s a c q u ir e d c o m m o n s t o c k o f B . A S . RR. C o ., a n d th u s c o n t r o ls r o a d
e x t e n d i n g f r o m W r l ls v l ll e . N . Y . . t o S n g n in o r o . P a . , a b o u t 60 m ile s n o r t h o f
P i t t s b u r g h , w h i c h , w i t h Its s e v e r a l b r a n c h e s , h a s a t o t a l m il e a g e o f a b o u t
2 8 4 m ile s .
T o t a l m ile a g e o w n e d a n d le a s e d , 3 7 0 .
A t S a g a m o re arc
s it u a t e d th e p r in c ip a l c o a l m in e s o f th e B u ffa lo A S u s q u e h a n n a C o a l A C o k e
C o.
T h e p la n t* o f th e B u ff. A S u s o . C o a l A C o k e C o . a m i o f th e P o w h a ta n
C o a l A C o k e C o . (Y. 7 5 . p . 9 2 2 ; V 7 0 , p , 2 0 6 1 , 2 0 0 1 - 0 2 ) a r e l o c a t e d o n t h e
lin e s o f t h e B . A S . R R
T h e B u f fa lo A S u s q u e h a n n a I r o n C o . h a s e r e c t e d t w o b la s t fu r n a c e s o n
a t r a c t o f la n d a d jo in i n g t h e t e r m in a l p r o p e r t y o f th e B . A S . R y . o n L a k e
E r ie A t B u ffa lo .
T h is c o m p a n y a c q u ir e s its e n t ir e s u p p ly o f c o n i a n d c o k e
fr o m t h e p la n t s o f th e P o w h a t a n C o a l A C o k e C o .
S e e V . 7 5 . p , 0 2 2 : V . 71).
p. 2 0 6 1 , 2 0 9 3 . C o n n e c t i o n Is m a d e a t B u f f a l o w i t h t h e B u f f . A S u s q . S S .
C o ., o w n e d b y a ffilia t e d In te re sts .
S T O C K — A u t h o r i s e d . 3 1 0 .0 0 0 .0 0 0 ; I s s u e d . 3 1 0 .9 0 0 .0 0 0 * p a r . 3 1 0 0 .
B O N D S . — T h < j f i r s t 8 0 y r . g o l d 4 H s ( a u t h o r i s e d I s s u e S fi.O O O .O O O , a l l
o u t s t a n d i n g ) n r e s e c u r e d b y a A m t H en o n t h e te r m in a l p r o p e r t y n t B u ffa lo
a n d t h e 8 6 m i l e s o f r a i l r o a d In N e w Y o r k S t a t e : a l s o b y d e p o s i t w i t h t h «
U n it e d S t a te s T w is t C o . , tr u s t e e , o f a ll th e c o m m o n s t o c k o f th e B u ffa lo A
S u s q u e h a n n a R R . C o , , a m o u n t in g t o 3 4 ,6 5 6 .9 0 0 .
V . 74. p . 1040,
See
V . 76, p . 593; Y . 7 9. p . 2695.
O f th e e q u ip m e n t tru st 5 % b o n d s o f 1 0 0 6 ,
3 4 4 .0 0 0 m a t u r e s e m f -a n n u a lly J a n . 1 1 9 0 7 1 9 1 2 a n d 3 4 3 ,0 0 0 J u l y 1 1 01 2
1916.
S e r i e s 11 e q u i p m e n t t r u s t b o n d s a r e d u e $ 2 7 , 0 0 0 s e m i - a n n u a l l y O c t . I
1 9 0 7 -A p r il 1 1 9 1 7 .
T h e 3 1 .2 0 0 .0 0 0 e q u ip , tr u s t 5 % b o n d s o f A u g . 1 00 7
ir e d u e 3 6 0 .0 0 0 s e m i-a n n u a lly , b e g in n in g F e b . I 1 9 0 8
P r e s .. C h a rle s W .
G oodyear.
V . 8 5 , p . 3 9. 2 8 3 ; V . 8 6 . p . 126 5; V . 8 6 . p . 107.
■ • B U F F A L O A S U S Q U E H A N N A R R . — O w n s fr o m S a g a m o r e , P a ., to
W c l ls v l ll o . N . Y . . w it h s e v e r a l b r a n c h lin e s . I n c lu d in g 1 6 m ile s t r a c k a g e .
T o t a l m lje t u r e , 2 8 0 .7 0 .
F r o m J u l y 1 1 9 0 7 t h e c o m p a n y Is l e a s e d t o t h e
B u f f a l o A S u s q u e h a n n a RalUcny f o r r e n t a l o f I n t e r e s t o n b o n d s a n d d i v i ­
d e n d s o f 4 % o n c a p ita l s t o c k .
V . 8 5 . n. 1266.
S to ck .— C o m m o n s t o c k , a l l e x c e p t d i r e c t o r s s h a r e s , o w n e d b y B . A S .
R y , $ 4 ,6 5 6 ,9 0 0 ; p a r o f sh a re * $ 5 0 .
P r e f.. $ 4 ,0 0 0 ,0 0 0 4 % n o n -e u m ; p a r .
350.
S e e a p p l i c a t i o n 10 l i s t , V . 7 8 . p . 2 3 8 9 ; V . 8 2 . p . 6 6 8 .
D ir id e n d s . — O n c o n i . . 4 % in 1 8 9 5 a i u l 3 % y e a r l y t o 1 9 0 7 .
In 1907. 4 %
p a id Q J ; o n p r e f . , \% q u n r . M c b . s in c e d a t e o f Issu e , b e g in n in g S e p t . 1 9 0 2 ,
B on d s.— T n c 5 s o f 1 0 1 3 h a v e b e e n r e d u c e d , b y t h e o p e r a t i o n o f t h e s i n k i n g
fu n d a n d b y r e fu n d in g In to 4 s o f 1 0 5 1 . t o 3 1 4 7 ,0 0 0 .
T h e y a re s u b je c t to c a ll
A t o a r f o r s i n k . f d . In o r d e r o f n u m b e r s , b e g i n n i n g w i t h h i g h e s t
V . 6 5 . p .2 3 4 .
T h e 4 s o f 105 1 a r e s e c u r e d b y a fir s t r e f u n d i n g r o t g e . o n t h e e n t ir e p r o p ­
e r t y , s u b j e c t o n l y t o 3 1 4 7 .0 0 0 firs t 5 s a b o v e m e n t io n e d , a n d a r e fu r th e t
s e c u r e d b y d e p o s i t s o f p u r c h a s e m o n e y m o r t g a g e s a g g r e g a t i n g 3 3 , 0 0 0 .0 0 0
o n c o a l la n d s e s t im a t e d t o b o w o r t h $ 6 ,0 0 0 ,0 0 0 : o u t s t a n d i n g , $ 9 ,4 0 2 ,0 0 0 .
F u r t h e r a m o u n t s m a y b e Issu e d a t n o t o v e r $ 2 5 ,0 0 0 p e r m llo fo r t h e c o n ­
s t r u c t io n o r a c q u is itio n o f a d d it io n a l r o a d ; a ls o fo r n e w te r m in a ls .
T ota l
a u t h o r iz e d Is s u e , 3 1 5 .0 0 0 .0 0 0 ; h u t a d d it io n a l a m o u n t s a t $ 1 5 ,0 0 0 p e r m ile ,
m a y h e Is s u e d fo r d o u b le -t r a c k in g m ile a g e a lr e a d y c o v e r e d b y th e m t g e .
S in k in g fu n d o f 3 c t s p e r t o n o f c o a l m in e d b y c o a l c o m p a n ie s m o r t g a g e d
Is I n v e s t e d I n t h e b o n d s I f p u r c h a s a b l e a t n o t e x c e e d i n g 1 1 0 % : o t h e r w i s e In
s e c u r it ie s le g a l f o r s a v in g s b a n k s .
B o n d s s o p u r c h a s e d a r c k e p t a l i v e in
s in k in g fu n d .
V . 73, p. 619, 899; V . 8 4. p . 748.
R ep o rt . — F o r y e a r e n d i n g J u n e 3 0 1 9 0 7 , V 8 5 , p . 1 2 6 6 , s h o w e d
F H jc a l
Gross
N e t (over
oth er
Total
Total
Balance

Y ea rs

earnings,

taxes.)
$ 5 3 9 ,1 9 8
6 3 5 ,2 1 3

incom e.

Income,

deduct1ru .

$ 1 8 9 ,3 9 3
1 3 7 .6 1 3

$ 7 2 8 ,5 0 1
6 7 2 .8 2 6

$ 4 9 0 ,2 3 5
4 2 6 ,3 2 0

for d ies
$ 2 3 8 ,3 5 6
2 4 6 ,5 0 6

B U F F A L O A S U S Q U E H A N N A C O A L A C O K E C O .— T h is c o m p a n y .
t h e s t o c k a n d 1 s t i n t g e . b o n d s o f w h i c h a r e o w n e d b y t h e B , A S . R R .. o w n s
c o a l la n d * a t M e d t x , D t iB o ls , T r o U lv lU o . O n o n d a g a a n d S a g a m o r e , P a .
T h e s e l a n d s a r e e s t i m a t e d t o b e u n d e r l a i d w i t h a b o u t 10 4 , 0 0 0 . 0 0 0 t o n s o f c o a l .
T w e l v e m i n e s In o p e r a t i o n , a n n u a l c a p a c i t y 3 , 0 0 0 . 0 0 0 t o n s .
V . 7 7 . n . 13 0 1 •
V . 7 9 . p . 2 0 0 1 -9 2 : V . 8 2 . p
1322; V . 8 5 , p. 1286.
T h u 2 d r n t jr o , b o n d s !
$ 1 . 7 0 0 . 0 0 0 o n J u n e 3 0 1 9 0 7 . w e r u o u t s t a n d i n g In t h e h a n d * o f t h e p u b l i c .
P O W H A T A N C O A L A C O K E G O . - T h i s c o m p a n y , a ll o f w h o s e b o n d s
a n d s t o c k a r c o w n t tl b y t h e B
A S . R R ., o w n n j c o n l l a n d k l a t f T y l e r a n d a t




Ac
Ac

l .000
1.000

R ule
%

W lu n
P a yable

3 3 .9 1 7 .0 0 0
fig
4 .4 2 7 .0 0 0
5 *
3 5 0 .0 0 0
« v.
1 .5 3 3 .0 0 0
1 .4 0 0 . 0 0 0
3 9 5 .0 0 0
2 7 .0 0 0
8g
5 0 0 .0 0 0
4 4 g
2 ,0 0 0 .0 0 0
4 .4 g iM
4 4 g M
1. •
1 .3 0 3 .0 0 0
.4 $ g lM
2 .2 2 4 .0 0 0
14 g A A
4 .4 5 5 .9 0 0 4 lu 1 0 0 7
Q— J
4 .0 0 0 .
0 0 04
Q— M
1 4 7 .0 0 0
5 g
A
A
0 .4 5 2 .0 0 0
4 g
1.1
A
0004 . 4 g . M
6 .0 0 0 .
A
7 3 0 .0 0 0
5
5 1 3 .0 0 0
5

0 0 0 .0 0 0

6

3 0 0 .0 0 0

3

S ec te x t

W h ere Pauable, and b y
W h om
36

!!*■

S ee tex t
P a c i f i c R y a n d a to o

B a l a n c e , s u r p l u s ..................
3 2 1 0 ,4 3 4
3 1 2 6 ,5 0 3
$ 7 3 ,7 5 5
$ 1 5 7 ,8 7 5
• I n a d d i t io n t o t h is *o r p in s t h e r e w a s r e c e iv e d fr o m in v e s t m e n t s a n d
\: e d i t e d d i r e c t l y t o p r o f i t a n d l o s s a c c o u n t " 3 1 2 0 . 0 0 0 In 1 9 0 4 0 5 , 3 3 2 0 , 0 0 0
tu 1 0 0 3 - 0 4 a n d $ 6 0 0 , 0 0 0 In 1 0 0 2 0 3 .
O F F I C E R S .— P r e s .. A . G . Y a t e s , R o c h e s t e r ; V . P ., A d r ia n Is o lln . J r .,
N . Y . : T r c a a ., J . P . D in k e y , R o c h e s t e r : S e n ., J . H . H o c a r t , N . Y .
D ir e c to r s — H e n r y G
D a r b o y , A . G . Y a t e s , A . Is e lln J r . , W m . K . I s c l li l.
A - I ^ in fe a r N o r r lo , W a lt e r G
O n Urn a n . C . O ’ D . I s e l l n , J
II. H oca rt.
W
E m l c n R o o s e v e l t , E rn est. I s e l ln , O s c a r G r t o c h . J o h n L . H ik e r a n d
S a m u el W o o lv c r to o .
N o w Y o r k o f f i c e 3 6 W a l l S t . — ( V . 8 5 , p . 1 4 6 1 .)

1 9 0 6 - 0 7 .3 1 .8 5 3 .8 5 7
1 9 0 5 - 0 6 . 1 .5 2 2 .7 4 0

50
BO
Ac
Ac
Ac

1 .0 0 0

B U F F A L O R O C H E S T E R A P IT T S B U R G H R Y . (C o n c lu d e d ),
A N N U A L R E P O R T . — F is c a l y e a r e n d s J u n e 3 0 .
T h e a n n u a l m o o t in g
Is h e l d a t N e w Y o r k o n t h e t h i r d M o n d a y In N o v e m b e r .
T h e re p o rt fo r
1 9 0 0 0 7 w a s g i v e n a t l e n g t h In V . 8 5 . i>. 4 0 2 .
I n 1 0 0 6 - 0 7 c a r r ie d 0 .1 8 4 .1 5 3
t o n s o f b it u m i n o u s c o a l ( o u t o f 9 ,5 4 8 ,7 9 6 t o t a l t o n s o f fr e ig h t m o v e d ) ,
a g a in s t 5 .2 0 4 .4 3 7 In 1 9 0 5 0 6 .
Y ea r end, J u n e 3 0 —
1907.
1006.
1005.
1904.
M i l e s J u n e 3 0 ...........................
533
569
368
490
8 7 ,7 9 7 .2 4 8
3 7 .4 9 6 ,5 2 1
G r o s s e a r n i n g s ............ 3 8 . 3 0 3 . 9 1 6
3 8 ,1 3 8 ,2 7 5
5 2 .8 0 3 .3 2 5
3 2 ,8 4 8 .7 3 3
N e t e a r n i n g s .................. —
3 3 .1 4 9 .9 2 1
3 3 ,0 0 0 .8 8 2
3 3 .4 3 7
2 2 .8 0 5
O t h e r I n c o m e . - ..................
7 0 ,6 6 4
3 2 .2 0 4
$ 3 ,0 3 3 ,0 8 0
3 8 0 0 .2 8 9
4 9 2 ,8 6 7
6 2 3 .4 2 7
(6 )3 6 0 ,0 0 0
(6 )0 3 0 .0 0 0

Ac
Ac

10.000 A c

1902
1004
1007

< lo
do
H e r 13 9 1 5 , 0 0 0 s e m i a n n u a l l y .............
B u f fa lo T e r m in a l A s s o c ia t io n — B ee W a b a s h R R .
B u ilt r o g -O o ld fle ld R R — 1 st M p a r t d u e y l y . g u a r p A I.
B u r li n g t o n C e d a r R a p i d s & N o r t h e r n — S e e C h i c a g o R o c k Is! a n d A
B u r lin g t o n A M is s o u r i V a lle y — S en C h ic a g o B u r lfu g to n A Q u ln e y .
B u r r ’ s P e r r y B r o w n d e l A C h e s te r — F ir s t M g o l d . . x c «
1007
C a lifo r n ia P a c ific — S e e S o u t h e r n P a c ific R R .
C a l W R R & N — 1 st M 9 7 0 0 . 0 0 0 g o l d g u a r s f ( t e x t ) . c *
1005
C a m b r ia A C le a r fie ld -1 s t M ( 9 2 .0 0 0 ,0 0 0 ) g . . . - O P .e e
103
1801
B c l l 'a G a p c o n s o l M s i n k f u n d n o t d r a w n . . . O i l P . c *
80
1883
C l e a r f i e l d A J e f f e r s o n f i r s t m o r t g a g e -------- ^ . - O u P . c *
40
1880
P e n n s y l v a n i a A N W g e n M 9 2 . 3 0 0 . 0 0 0 ............ G u P . c *
70
1800
C a m b r ia A C le a r fie ld g c n e i a l m o r t g a g e g o ld
302
1005
30
C a m d e n A B u r lin g t o n C o u n t y
-S to c k 8 % g u a ra n te e d
30 1 8 0 7
F h s t M g g ti p & I h r O n N J R R A C a n C o - .G P . c *
135 1831)
C a n a d a A t la n t ic — 1 st M g O t t a w a t o L a c o lla A c . P c *
C o n s o l 1 st m t g e $ 1 6 ,0 0 0 ,0 0 0 g o ld g u a r p r ln A l u t . .
1005
O t t a w a A r n p r l o r A P o r r y S o u n d f i r s t m o r t g a g e _____

3 3 .2 2 0 ,5 8 3
3 8 3 6 .1 1 3
0 0 0 ,0 8 7
6 5 3 .9 3 1
(6 )3 6 0 .0 0 0
(6 )6 3 0 .0 0 0

A m oun t
Out.uamil mj

1000-1

***

T o t a l r e c e ip t s . .
In te re st o n b o n d s .
R e n t a ls
S p e c ia l n n p r o p r lA ’ n s . A c .
D iv id e n d o n p r e fe r r e d .
D iv id e n d o n c o m m o n .

| V O L . LX X X .VI,

..

O
O
J
N

B o n d s — P r in c i­
pal, W hen D u e
S to c k s— f .ust
D ivid en d

W a ll S t .
do
do
N ew Y ork
do

N ew Y ork D ec 1 1922
do
S e p t 1 11)37
do
Jan
1 1939
M a y 1 1957
A u g 1 1900
do
M en II 1908
do
J u n e 1 1908
do
do
M ay 1 1010
do
do
do
M a y 1 *20*21
do
N o v I 1019
do
M a y 1 1022
do
do
A p r 1 1927
do
do
Jan
1 1008 1 %
F is k A R o b in s o n , N Y D e c 2 1 90 7 1 %
H a r v e y F la k A S o n s N Y O c t 1 9 1 3
F is k A R o b in s o n , N Y A p r 1 1051
F is k A R o b in s o n . N Y A p r I 1953
N W H a r r i s A C o . N Y J a n '0 8 J u l y '1 6
N W H a r r i s A C o , N Y A p r *0 8 A p r *17
F t o k A R o b i n s o n . N Y F e b *0 8 - A u g *1 7
P e n n C o f o r I n s u r , A e F e b *0 8 A u g *1 7

fi tr
R o c k 1st a n d C o .

6 g

A

A

O C o m m o n w e a lth T r C o S t L A p r

3 8 0 .0 0 0
1 .2 7 0 .0 0 0
I I B ,.......

3 g

1 .021.000

6

J
J
A
I
'

A
A
A
A
A
A
A
A
A
A

J
J
O
J
J
A
J
A
J
J

1 000,000

1,210.000
3 8 1 ,0 2 5
3 3 0 .0 0 0
2 ,1 ) 0 8 ,2 4 0
1 1 ,4 7 8 ,4 0 4
1 . 0 0 0 ,0 0 0

S*
3
4 g
n
4 g
3 g

i*

1 1937

F ir s t T r A S n v I lk . C h ic J u ly 1 0 0 8 -1 9 2 0
B r o a d S t S t a t i o n . P h lt a J a i l 1 1 9 4 1
A p r 1 1913
do
do
Jan
1 1027
do
do
Jan
1 1930
do
do
F e b 1 1955
do
do
B r o a d S t S t a t i o n , F h lla J a n 1 9 0 8
3%
F e b 1 1927
do
do
B a n k M o n t .N Y A M o n t J a il 5 1 9 0 9
do
do
A L oud Jan
1 1953

S y k e s , u n d e r la i d w it h a lw m t 2 6 , n o o .0 0 0 t o n s o f c o k i n g c o a l .
B o t h Its
c o k in g p la n t s , w it h c a p a c i t y o f 8 0 0 t o n s o f c o k e d a l l y , a r c o p e r a t e d , a n d a r e
s h ip p in g to B u ffa lo fo r t h e u se o f th e B u ff. A S u s q . I r o n G o .— V . 8 5 . p . 1 26 6 .

B U LL FRO G-GO LDFIEL D R R — O w n s f r o m B u l l f r o g , N o v . , t o G o l d ­
fie ld , 7 9 m ile s , fo r m in g a n e x t e n s io n o f th e T o n o p a h A G o ld fie ld R R . ,
w h ic h o w n * $ 6 3 7 ,5 0 0 o f th e $ 1 ,2 3 0 ,0 0 0 s t o c k a m i g u a r a n t e e s t h e b o n d s
( 3 1 . 2 5 0 ,0 0 0 6 . ; , 1 5 y e a r s e r i a l b o n d s ) , o f w h i c h $ 2 5 0 , 0 0 0 s o l d D e o . 1 0 o 7 .
V . 8 3 , p . 5 9 8 . 7 2 1 . 1401.
"B U R L IN G T O N ."— Sec CH ICAGO B U R L IN G T O N A Q U IN CY R lt.
BURLINGTON CED AR R A P ID S & NORTHERN R Y .— I n 1 0 0 3 t i t l e w a s
a c q u ir e d b y d e e d b y C h . It. I . A P a o . R y . C o ., t h o h o ld e r s o f th o o u t s t a n d in g
u u c x c h a n g c d s t o c k (a b o u t $ 1 3 6 .2 0 0 — t o t a l Issu e $ 7 ,1 5 0 ,0 0 0 ) b e in g g im ia n l e « B t h e p a y m e n t o f 0% d l v s . . J J . a s c a l l e d f o r b y t h e l e a s e . — ( V . 8 2 .
p . 1 0 4 0 .)
B U R R 'S FE RR Y BRO W N D EL & CHESTER R Y . — O w n s f r o m R o c k l a n d
t o A ld r id g e , l e x . . 8 m ile s , o p e n e d a b o u t M a rc h 1 9 0 7 ; e x t e n s io n u n d e r c o n ­
s t r u c t i o n fr o m A l d r i d g e t o B r n w n d e l. 2 2 m it e s .
T h e lin e a s p r o j e c t e d w ill
r u n f r o m C h e s t e r . In T y l e r C o . , T e x . , u a a t t o B u r r ’ s F e r r y , a b o u t 8 0 m i l e s ,
a n d I n t o t i m b e r fo r e s t s In t h e d i r e c t i o n o f A l e x a n d r i a . L a .
B lo c k a u th o r
l / c d . 3 1 .0 0 0 p e r m i l e ; o u t s t a n d i n g . 3 1 1 , 0 0 0 .
B o n d * (C o m m o n w e a lt h T r u s t
C o o f S t . L o u t s , tr u s te e ) a r e lim it e d t o $ 3 0 ,0 0 0 p e r m ile ,
'r i m T e x a s U R .
(.o m m ls s lo n o n N o v . 1 8 1 0 0 7 a p p r o v e d t h e Issu e o f $ 1 0 5 ,0 0 0 b o n d s o n
l l m i l e s in o p e r a t i o n .
V . 85, p. 1401. 1648.
P r e s ., J o h n I I . K ir b y , H o u s ­
t o n . T C X — ( V . 8 5 . p . 1 4 0 1 . 1 6 4 8 .)
C AL G AR Y A EDMONTON RY — O w n s C a l g a r y , C a n a d a , t o E d m o n t o n ,
C a n a d a . 1 91 m i l e s , a n d t o F o r t M o L c o d , C n n n c F a , 10 I m i l e s .
• n e w le a s e t o t h e C a n a d ia n P a e lfiu ( w h i c h O w n s e n t ir e 3 1 ,
0 0 0 ,0 0 0 s t o c k ) fo r 9 9 y e a r s w a s r a t if ie d ,u n d e r w h ic h t h e 6 % b o n d s ( £ 1 ,1 2 1 , ­
7 0 0 ) w e r e e x c h a n g e d fo r a n e q u a l a m o u n t o f d e b e n t u r e s l o c k , o n w h ic h In ­
t e r e s t Is g u a r a n t e e d a t 4 %
A t t h e t e r m i n a t i o n o f t h e le a s e t h q p r i n c i p a l o f
p a r o r a f a r t h e r le a s e e n t e r e d I n t o .
V . 76, p . 434;
V . 7 7 , o. 1 2 2 4
T h e s t o c k h o ld e r s v o t e d o n S e p t . 2 0 1 904 t o Issu e b o n d s to
b u i l d t h e L a c o m b e a n d W c s t a s k l w l n b r a n c h e s , e a c h a b o u t fio i n , , u n d e r
co n s tru c tio n .
V . 7 9, p . 1027, 1265.
P r o p o s e d b o n d s 011 b r i d g e s o v e r
S a s k a tc h e w a n R iv e r n o t e x c e e d in g 3 1 ,0 0 0 .0 0 0 .
S e e V . 8 0 , p , 1 16.
, CALIFO RN IA-W ESTERN R R . A N AVIGATION C O — Owns Ft. Bragg,
uni.. t<> Alpine, 23 K m. Mtge. provide-* fur extension from Alpine to bond
of N o y o River. I n , , t h e n c e to W l l l l t . i 0 tj m S t o r k authorised, i l.-000.000:
par. 3100. Mitre, rovers also tcnnlnnls. rnllrmul wharf o n i l 13.00(1 acrenuf
timber l a n d .
B o n d s nre g u a r a n t e e d , prln. n u d I n t . b y Union Lumber Co.
n n d r e d e e m a b l e n t 1 0 3 n t r n t l o f n n y y e a r l a reverse o f n m n e f l r s l o r d e r
The
p r e s e n t I s s u e n m t n r r i $ 2 o .ouo y e n r l v . n m l r e m a i n i n g $ 2 8 0 , 0 0 0 I s t o f a l l d u e
In e q u a l y e a r ly I n x in l lm c n w .
S i n k i n g f o n d , s e o V . 8 1 . p . 1 -1 3 0 .
N e t ea rn
li n t s a p p l i c a b l e t o I n t e r e s t f o r o m o n t h s e n d i n g D e c . 3 1 1 U 0 5 , $ 3 0 , 0 0 8 ,
P r e s .. P r a n k T r u m b u ll.— (V . 8 t . p . 1 403 )

mini

CAM BRIA & C L E A R F IE L D K V . - C r c s v m J e t . t o H o o v e r ' s M i l l
B r a n c h J e t . . 3 0 i n . ; D e l w o o d t o H o r a t i o . 0 1 m .| C r e s s o n t o T r v o n a , 2 7 m .
K a y l o r t o B l a c k L i c k . 3 7 m : V a i l t o G m m p l o n . 8 0 m . l B r a d l e y J e t . In
C h e r r y T r e e . 18 i n .: b r a n c h e s , 1 3 0 m .; t o t a l . 3 0 3 m ,
A c o n s o lid a tio n A n y . I
1003.
V
78. p. 828.
S t o c k , $ 4 ,8 3 3 ,8 3 0 . o f w lllc ll 4 4 .8 2 0 ,3 3 0 o w n e d b y
P e n n . U R , C o . .w h ic h o p e r a t e s r o a d .
A fu ll a b s t r a c t o f m t y e , s e e m Im ; 8 s o f
1 8 0 1 w a s lu V . 3 2 . p , 0 7 0
o r t h e b o n d s . $ 8 3 4 , 0 0 0 D ra t 3 s a n d $ 3 0 7 , 0 0 0
en . 4s w ere o n J a n . I 1007 o w n e d b y th e P e n n . R R .
P u r y e a r e n d in g
le e . 31 1 0 0 0 . g r o s s . $ 2 ,8 3 7 ,7 0 3 : n e t , $ 4 4 0 ,0 7 0 : o t h e r I n o o m e . $ 4 1 ,7 3 8 ; I n t .,
l a v e s . A e . , $ 3 1 7 , 3 4 1 ; d l v s . , $ 1 4 3 , 0 1 5 ; b a t . , S U r .. $ 1 0 , 2 3 8 . — ( V . 7 7 . p . 2 0 8 . )

S

CAMDEN & BURLINGTON COUNTY HR.— O w n s f r o m C a m d e n . N . J . .
l o P e m b e r t o n . N , J ., 2 3 m ile s : b r a n c h , B u r lin g t o n . N . J .. t o M o u n t H o l ly ,
7 m .: to ta l, 30 m .
O p e ra te d b y P en n . R R ./w h ic h n u a ra n te cs
on stock .
S t o c k . $ 3 8 1 ,0 2 3 ; p a r . $ 2 3 .
I n l o o s , ic r o - ii . $ 3 t u . 0 3 7 ; n e t , $ 1 0 , 3 3 8 ; l o s s t o
le s s e e u n d e r r e n t a l, $ 2 1 ,0 8 0 .— ( V . 6 4 . p . 3 7 3 .)
C A N A D A A T L A N T I C H Y .— O w n s D e p o t H a r b o r . O u t ., o n U c o r e la n
B a y . v i a O t t a w a , t o V e r m o n t S t a t e l i n e . 4 0 0 i n .: t r a c k a g e t o S w a m , i n , V t , .
A c . , t o m ile s ; te a se fo r 0 0 y e a r s C e n t r a l C o u n t ie s R y . , G le n R o b e r t s o n t o
l l a w U e s b u r y , 2 t m . . a n d S o u t h I n d ia n t o R o c k l a n d , 17 m . f o w n s g r e a t e r
p a r t o f s t o c k o f P e m b r o k e S o u t h e r n R y . b r a n c h fr o m P e m b r o k e t o G o ld e n
L a k i i , 2 1 III. ( V . 8 3 . p . 4 3 1 . n u l l : t o t a l . 4 6 8 m
T h e G ra n d T ru n k nod u t r e d t h o r o a d a n d t o o k It o v e r S e p t . 3 0 ID O *.
V . 8 1 , p . 1174
T h e v o t e o n a m a lg a m a t in g w ith th e O r m id T r u n k h a s b e e n I m lc n n ite ly
p ostp on ed .
V . 8 3 . p . 5 1 )0 . 8 6 3 .
C a n a d a A t la n t ic T r a n s it C o .. $ 1 ,0 0 0 ,0 0 0 s t o c k , o p e r a t e s s t e a m e r s . P a r r y
S o u n d t o D u lu t h . M ilw a u k e e a n d C h i c a g o .
V , 6 0 , ii 0 3 4 : V 7 0 , p . 3 7 0 .
T im 3 0 y r .
Is o f 1 0 0 5 ( a u t h o r i s e d I s s u e . 1 1 6 . 0 0 0 . 0 0 0 : R o y a l 'T r u s t C o . .
M o n t r e a l, t r u s t e e ) a r c g u a r a n t e e d , p r ln
a n d I n t ., b y th e G r a n d T r u n k :
$ 2 . o 0 3 , 0 0 0 Is r e s e r v e d t o r e t i r e t h e o u t s t a n d i n g b o n d s n n d t h e r e m a i n i n g
$ 2 , 0 0 0 , 1)00 f o r f u t u r e r e i i u l r e m e n t s
V
70 p. 0 6 7 . 1131, 1641, 2484;
V . 8 0. p 1058. 1727. 2343
In O c t . 1006 t h o C e n t r a l C o u n t ie s R y . (le a s e d lin e ) p r o p o s e d t o a p p l y to
t h o C a n a d i a n P a r l i a m e n t f o r a u t h o r i t y t o a t t e n d t h e r o a d . I s s tio b o n d s
t h e r e fo r n n d le a s e , s e ll o r a m a lg a m a t e w ith o t h e r c o s .
V . 7 0 . p . 2746; V , S3,
p . 8 1 7 . A s to P e m b ro k e S ou th ern g u a ra n te e d b o n d s , see V . 8 2 , p , 4 0 1 , H O I.
S T O O K . — $ 6 ,1 0 0 ,1 0 0 c o m m o n a n d $ 1 ,0 0 0 ,0 0 0 p r e f e r r e d , a ll I s s u e d .
R E P O R T .— In 1006 0 7 . g r o s s . $ 1 ,0 6 7 ,7 3 3 : n e t . $ 8 » ,3 0 9 : In t o n b o n d s .
$ 6 0 4 4 0 7 ; r e n t a ls n u d o t h e r fix e d c h a r g e s , $ 2 3 ,0 0 0 ! b a l ., d e l . , $ 5 6 0 ,0 3 6 .—
(V . 8 3 . p . 3 0 0 .8 6 3 .)
C A N A D A M I C H I G A N & C H I C A G O .— B o n d s w o r t h le s s .
f V . 6.3 p 8 3 8 .1
C A N A D A SOUTHERN R
Y C S « M o p s N . Y .C m l . * IIm l. f r i t , i m I R O A D . - M a i n lin o fr o m S u s p e n s io n B r id g e s t a t io n , I n e lu d liig t h e C a n t ile v e r
B r id g e , t o W in d s o r , O n t . 2 2 6 m .; b r a n c h e s t o C o u r t r ig h t O u t ., A c ., 2 a i m .;
t o t a l , 4 3 7 m . , o f w h ic h 8 3 m ile s a r e n o m in a lly o w n e d b y p r o p r ie t a r y c o m
p a n i c s . T r a c k a g e . S t . T h o m a s t o L o n d o n , O u t . , 1 5 in . D o u b l e t r a c k . 1 3 2 t o ,
D e t r o it R iv e r T u n n e l, u n d e r c o n s t r u c t i o n , s e e M ic h ig a n C e n tr a l U R
O R O A N I /.A T t O N , E T C .
T h e c o m p a n y w a s c h a r t e r e d In C a n a d a l ' c h . 2 6
1 6 6 8 a m t d e b t r e a d j u s t e d In 1 8 7 8 .
I n 1 BOA m a d e a n e w l e a s e i n X t t c h , C e n t ,
f o r odd y e a r s , t h e l a t t e r g u a r a n t e e i n g d i v i d e n d s m l t h o s t o c k a t 2 14 % y e a r l y
to 1
a u t hh uo rr liBs iInn g a intge,
i n t g e . t o r e t i r e e x i s t i n g lli............
l u0 l1u0 , t h e r e a f t e r 3 %
» i; a lio u
n n i ls
a n d p a y fo r im p r o v e m e n t s .
V . 7 6 . p . 1 101. 1247; V . 7 7 , p , 030: V . 8 4.
1 p . lit'i,S .
'T h e $ 1 1 ,0 0 0 ,0 U O 1 s t 3 s m a t u r i n g J a n . 1 1 0 0 8 w e r e e x t e n d e d 5

J

a n .,

1 0 0 8 .1




RAILWAY STOCKS AN1) BONDS.

27

RAILWAY STOCKS AND RONDS.
R A IL R O A D S
M ile s
of

F o r expla na tion o f colum n headings, A c . , sec notes
on first page o f tables.

Road

Date. . S i t e , or
P ar
of
B on d s
Value

I V O L . L X X X V I.

3 T E R E S T OR D IV ID E N D S
I7 N

A m ount
Outstanding

Rate

W hen
P a yab le

W h ere P a ya b le, and by
W h om

R on ds — P r in c i­
pal: W h en D u e
S lo ck s— L a st
D ivid en d

Canada Atlantic— (Continual/) —
P e m b r o k e S o u t h e r n f i r s t m o r t g a g e g u a r a n t e e d _____
C e n t r a l C o u n t ie s P ra t m o r t g a g e I n t e r e s t r e n t a l . . .
.
C a n a d a M i c h i g a n & C h i c a g o — l i t M ( s e e V 0.1 p 8 3 8 )
Canada Southern — S t o c k ......................................................................
F i r s t M e x t lu 1 0 0 8 ( C a n m o n e y )
S ee V 03 p 1 8 8 ..
S e c o n d M fo r 5 6 .0 0 0 ,0 0 0 (C a n m o n e y )
do
cA r
L e a m in g t o n A S t C la ir 1 st M g g u p A I ( e n d ) . . . c *
Canadian Northern Ontario — D o b s t o c k 8 2 0 .0 0 0 p e r m
Canadian Nor— L M a n R y A C a n C o $ 8 , 0 0 0 p m
C a n a d ia n N o r t h A M a n D lv s J 8 .0 0 0 p e r m ile G u a r .
G i l b e r t P l a i n s B r u n c h 5 8 , 0 0 0 p e r m i l e _____ _
by
O n t a r io D lv 1 st M d e b £ 4 0 .7 0 0 a r c 4
.............
M an.
M a n i t o b a B r a n c h L i n e s ...............................................
G ovt
F ir s t c o n s d e b M ( M a n lin e s ) 5 1 0 ,0 0 0 p m . c A r
M a n i t o b a l i n o s s e c o n d m o r t g a g e ..................
G u n llln t B r a n c h b o n d s 3 1 0 .0 0 0 p e r m ile
K r w o o d e x t e n s i o n b o n d s ......................................
M a n i t o b a P r o v i n c i a l b o n d s . 5 8 ,0 0 0 p e r m i l e . .
P e r p e t u a l c o n s o l d e b e n t u r e s t o c k ( V 81 p 1 0 0 0 )
t l r s t M d o b s t k 5 1 3 ,0 0 0 n m g u a r b y C a n a d ia n G o v t
G u A n L o n g L a k e A S a s ic d e b s t k £ 1 . 0 3 0 . 0 0 0 g u a r .
l lr a t l a n d g r a n t M r e d e e m 1 1 0 ( V 7.1 p 1 8 3 , 3 4 0 ) _____
I m p e r i a l R o l l i n g S t o c k 1 s t M s e r A p a r t, d u e y e a r l y ,
do
do
s e r B t o F 5 2 1 0 . 0 0 0 d u e yv’ rjly
ly
do
do
s e r G 3 4 3 , 0 0 0 d u e y e a r l y ___
do
do
s e r H 5 0 0 , 0 0 0 d u e y e a r l y ___
do
do
s e r K S lO t ).o u t ) d u e y e a r l y _
do
do
s e r L 3 2 3 0 .0 0 0 d u e y e a r ly .
do
do
p a r t d u e y e a r ly (V 8 3 p 5 00 )
do
do
3 5 0 ,0 0 0 d u e y e a r ly
do
do
se r O 5 1 5 0 ,0 0 0 d u e y e a r l y .c *
Can Nor Quebec— G t N o r c o n s M 3 7 . 0 6 2 . o o o ( t e x t ) .Ce
P e r p e t u a l g u a r a n t e e d d e b e n t u r e s t o c k ( s e e t e x t ) ____
Canadian Pacific — S t o c k 5 1 3 0 . 0 0 0 .0 0 0 a u t h o r i z e d . . . .
P r e f e r r e d s t o c k l i m i t e d t o 4 % n o n - c u m u l a t i v e _____ r
C a n a d a C e n tra l R R s e c o n d m o r tg a g e (n o w llr s t ). .
C a n a d ia n P a c ld o fir s t m o r t g a g o d e b e n t u r e s s t e r lin g .

y e a r s a t 6 % I n t e r e s t , p a y a b l e In g o l d .
V . 85, p.
p . 5 6 8 , 0 2 7 ; V . 8 4 , p . 8 0 3 ; V . 8 3 , p . 1 4 0 1 . 1 0 4 5 .)

1006

l ,0 0 0
437
40-1
40 1
16
268
125
287
27
287

1878
188.1
1805
1006
1806
1800
1000
1 00 1

. ..

1004

67

190.1

240

1003
1006

100
l .o o o
Ac
1 ,0 0 0

1 ,0 0 0

£100
£100
£100
£100
£ or 5
1 ,0 0 0
300
£100

_.
200
3 .2 2 1

1401,

1002
1003
1004
1004
1005
1006
11)06
1007
1007
1005

18 8 0
1885

£100
5 1 .0 0 0
S or £
5 or £
500 Ac
100 A c
000 A c
1 .0 0 0
500 A c
...............
100
too
£100
£100 Ac

1 8 4 5 .— ( V .

82,

C A N A D I A N NORTHERN O N T A R I O R Y . — T o r o n t o , O u t . . C a n . , t o S u d
b u r y , 2 6 8 m . (1 3 0 in . o p e r a t e d ), w ith b r a n c h t o F re n c h R iv e r , a n L a k e
H u r o n , t h e n c e c o n n e c t in g b y s t e a m s h ip w it h P o r t A r t h u r .
U n d er io n
s t r u c t i o n T ro m l l a w k e s b u r y t n O t t a w a , t o b u c o n t i n u e d t o F r e n c h R i v e r
J u n c t io n a n d la te r fr o m O t t a w a t o T o r o n t o .
N a m e c h a n g e d fr o m J a m e s
B oy R y . J u n e 30 1000.
V . 8 3 , p . 1 5 4 . 2 1 2 ; V . 7 0 . p . 0 0 ,1 , 2 0 0 7 ,
S tock
a u t h o r is e d . 3 1 ,0 0 0 ,0 0 0 .
C o n t r o lle d b y C a n a d ia n N o r t h e r n R y .
The dr
b e u tu r e s a r e s e c u r e d b y d e e d o f tru s t t o N a tio n a l T r u s t C o . o f T o r o n t o a n d
t h e B r i t i s h E m p i r e T r u s t C o . o f L o n d o n , a n d g u a r a n t e e d , p r l n . a n d l n t ., b y
th e O n t a r io G o v t .
V . 8 3 , p . 2 1 2 . 1 )4 8; V . 8 4 . p . 0 3 0 .
I n F o b . 11107 t h e
C a n a d ia n G o v t , w a s a s k e d t o g u a r a n t e e th e b o n d s a t 5 2 0 .0 0 0 p e r m ile o f a
p r o p o s e d lin e f r o m a p o i n t D m ile s a b o v e P a r r y S o u n d t o N o r t h B a y . a b o u t
75 m .
V . 8 4 , p . i l l ) ; V . 8 3 , p . 1 1 4 8 . - ( V , 8 3 , p . 1 )4 8; V . 8 4 . p . 0 3 0 . )

C AN A D IA N NORTHERN QUEBEC R Y .— O w n s m a i n l i n e b e t w e e n R l v l
e r e n P ie r r e , o n H u e o f Q u e b e c A L a k e S t . J o h n l l y . , to H a w k c s b u iy o n
th e . C a n a d a - A t l a n t i c R y . , 160 I Q .; b r a n c h e s . 3 U m . ; J o l t c t t c t o M o n t r e a l , 3 7
in .. t o t a l . 2 0 3 m .
E x t e n s i o n f r o m G a t f l c a u J o t . t o Q u e b e c . t)o m . , t o b e
c o m p l e t e d 111 1 0 0 7 .
o w n s e le v a t o r , c a r s h o p s a t Q u e b e c , A c .
V . 71, p.
1220.
S t o r k , c o m . , 5 4 ,6 3 0 ,0 0 0 ; p r e f.. 5 3 ,4 3 0 ,0 0 0 .
A m a l g a m a t i o n J u l y IDOtt o f G r e a t N o r t h e r n R y . w i t h
C h a te n u g n y
A
N o r t h e r n a n d t h e Q u e b e c N e w B r u n s w ic k A N o v a S c o t In R y . t h e la t t e r
p r o j e c t e d f r o m Q u e b e c t o Q u e b e c B r id g e a n d t i i m e c t h r o u g h M a in e t o a
p o in t n e a r M o n c t o n . N . B .. t h e m e t h r o u g h W e s t m o r e la n d a n d C u m b e r la n d
c o u n t i e s t o P u g W a s h a n d N e w G l a s g o w , A c . V . 8 .1 , p . 2 7 1 .
O n .h u m I I
l o o n t h e Q u e b e c N t w l l r . .v N o v a S c o t i a l l l c d a u i t g e . V . 8 2 , n . 0 8 0 ; V 7 0 ,
p. 2406; V . 83, p . 133.
lu O c t . 1 0 0 4 it w a s p r o p o s e d t o a p p ly fo r p e r m is s io n
t o le a s e t h e r o a d t o t h e C a n a d ia n N o r t h e r n o r C a n a d ia n N o r t h e r n O n t a r io
R y.
V . 8 .1 . n . 1 0 3 6 .
T h e G r e a t N o r . R y . 4 s o f 1 0 0 5 (I 7 .U 6 2 .M O O ) a u t h o r i z e d p e r p l a n , V . 7 0 . p .
2 7 1 )5 , a r e s u b j e c t t o c a l l a t p a r d u r i n g t e n y e a r s f r o m d a t e .
O f th e b o n d s .
9 4 ,0 6 2 .0 0 0 . g u a r , p , A I ,, b y C a n . N o r R y . . w e r e I s s u a b le t o r e t ir e o ld b o n d s
m id p a y o f f o t h e r H ens a n d d e b t s , a m i r e m a in in g 5 3 .0 0 0 .0 0 0 , a t n o t o v e r
5 2 0 .0 0 0 pec n >do, (o r a d d it io n a l m ile a g e .
S u it o n G r e a t N o r . K ie v , m t g e .,
V . 8 1 . p . 1315.
T h e sh a r e h o ld e r s O c t . 2 2 1 006 a u th o r iz e d a n Issu e o f A % p e r p e tu a l d c
d e n tu r e s t o c k g u a r a n t e e d b y t h e C a n . N o r ., lim it e d t o a n a m o u n t s u ffic ie n t
t o p r o v i d e tor o l d b o n d s I s s u e d b y G r e a t N o r . a n d C h a t e a u g n y A N o r . a n d
Q u e b e c N e w B r . A N o v a S c o t i a , a n d n o t e x c e e d in g 1 2 0 .0 0 0 p e r m ile h e r e ­
a ft e r c o n s t r u c te d o r a c q u ir e d .
In O c t . 1 00 6 h o ld e r s o f 5 1 ,3 1 4 .5 0 0 o f th e
S 3 ,1 6 2 , 0 0 1 ) G t . N o r . R y . b o n d * a n d n il o f t h e O l m t e n u g n y N o r . a n d Q u e b e c
N e w B r . A N o v a S c o t ia b o n d * h a d c o n s e n t e d t o e x c h a n g e t h e ir b o n d s fo r
t h i s d e b e n t u r e s t o c k , a n d £ 1 . 0 0 0 .0 0 0 I s s u e d t h e r e f o r w a s s u b s c r i b e d f o r b y
th e p u b lic .
V 8 .1 . p . 0 6 6 ; 7 5 1 : V . 8 4 . p . 6 0 3 . 7 4 8 .
P r e s .. I ). B . H a n n a , T o r o n t o . N . Y . — ( V . 8 4 , p . 6 0 3 , 7 4 8 .)
CAN A DIA N NORTHERN R Y -— O p e r a t e s
L a k e S u p e r io r , t o
.

W in n ip e g , a n d

,

fr o m P o r t A r th u r , O n t ., o n
th e n ce In to N o rth w e ste rn C a n a d a .

M ite s .

files.

|N»rt A r t h u r t o W i n n i p e g ............... 4 3 0 B r a n d o n J e t . t o C a r h e r r y J e t - 23
W i n n i p e g t o K a m s n c U ' . r ............... 2 7 6 D e l t a J e t . t o D e l t a ................................
15
67 N ee pa w n J e t. to M cC rea ry J e t S t a n l e y J e t . t o G u n l l l n t . ............
70
C a r m a n J e t . t o B e l m o n t ...................... 1 1 0 IC niitH nek t o E d m o n t o n
............... 5 4 8
P orta ge
J et.
to
In te r n a tio n a l
S lft o u J e t . t o W ln u e p e u o s ls .—
21
B o u n d a r y ...............................................
63 T h u m le r h lll J e t . t o E n d o f S t e e l.
2n
M o r ris t o S o m e r s e t
6 2 O a k l a n d t o T o l a g a n ........ .....................
17
U a r t n e y J e t . t o B r a n d o n ..................
4 0 B n t t l e f o r d t o l l a t t l c f o r d J e t _____
a
B e l m o n t t o V i r d e n ...... ..........................
01 E d m o n t o n t o M o r l n v l l l o ..................
23
G i l b e r t P i s . J e t . t o P r i n c e A l b e r t . 3 6 1 E d m o n t o n t o S t o n e y P l a i n s . ___
21
52
R o s s b u m J e t . t o R o s s b u r o ............
7 0 G r e e n w a y t o A d e l n l i a .......................
A r iz o n a J e t . t o M o r ris a n d B ran *
O a k P t . J e t . t o G a l t P o i n t ...............
60
d o n J e t ........................................................
7 7 W in n ip e g T r a n s fe r L in e .
.
11
T o t a l . J u n e 3 0 1 0 0 7 ( I n c l u d i n g 3 5 1 m i l e s l e a s e d f r o m N o r , P a c i f i c ) . 2 ,6 3 1 )
E x te n s io n * o f 6 2 0 m ile s fr o m (it a n d v ie w t o E d m o n t o n a n d 1 00 m ile s fr o m
P r i n c e A l b e r t e a s t e r l y w e r e c o m p l e t e d l a t e In 1 0 0 5 .
O t h e r lin e s r o n t o n ,
p l a t e d w i l l b r i n g t o t a l m i l e a g e a p p r o x i m a t e l y t o 2 ,7 8 8 m i l e s . T h e C a n a d i a n
N o r t h e r n O n t a r io a m i C a n a d ia n N o r t h e r n Q u e b e c r a ilw a y s , a llie d c o m ­
p a n ie s (w h ic h s e c ) . w ill A ffo r d a c c e s s t o M o n t r e a l a n d Q u e b e c .
I n D e c . 10 0 6
It w a s p r o p o s e d t o a p p l y f o r p e r m i s s i o n t o b u i l d 1 4 b r a n c h e s a n d e x t e n s i o n s
a n d I n c r e a s e t h e p o w e r s I n r e g a r d t o I s s u i n g b o n d s , n u d I 11 N o v . 1 0 0 7 t o
b u ild H n e w lu e s a n d t o o b t a i n a d d i t io n a l t im e t o c o n s t r u c t 4 o t h e r lin e s
V . 85. p. 1401.
V . 8 .1 . p . 1 4 6 8 ,
I n A u g . 1 0 0 6 t h e Q u 'A p p e l l e L o n g L a k e A S a s k a t c h e w a n R R . A S t e a m ­
b o a t C o ., R e g in a t o P r in c e A lb e r t . 2 4 0 m ile s , w a s a c q u ir e d , t h e £ 3 ,8 0 0 .1 4 0
o u t s t a n d i n g b o n d s b e i n g o f f e r e d £ 1 0 7 p e r £ 1 0 0 b o n d In 4 % d e b e n t u r e s t o r k ,
g u a r a n t e e d , p r l n . a n d l n t . , b y C a n a d i a n N o r t h e r n R y . . a n d t h e £ 2 7 5 ,0 0 0
c e r t i o r a t e s f o r u n p a i d I n t e r e s t £ 3 0 p e r £ 1 0 0 111 t h e d e b e n t u r e s t o c k .
R oad
o p e r a t e d u n d e r le a s e s in c e J a n . 1 0 0 . .
S ee V . 8 3 , p . 2 1 4 , 3 2 4 . 6 8 8 , 1036.
I n D e o . 1 0 0 6 t h e 8 /v m c I n t e r e s t a c q u i r e d 5 1 “ I. 01 t h e 5 6 , 0 0 0 , 0 0 0 s t o c k o f
th«* Q u e b e c A L a k e S t . J o h n R y . , Q u e b e c t o R o b e r v a l , o n L a k e S t . J o h n ,
1 8 0 m il e s , w it h b r a n c h e s f r o m C h a m b o r d t o C h i c o u t i m i , 51 m il e s , a n d fr o m
R i v i e r e a - 1 ‘ l e r r c J e t . t o S t.. T l t i v t O m i l e s . V . 8 3 . p . 1 3 4 8 , 1 4 1 0 ; V . 8 - t . p . l 1H | .
O R G A N I Z A T I O N .— W illia m M a c k e n z ie o f T o r o n t o . S e n a t o r G e o r g e A .
C o x a n d t h e C a n a d ia n B a n k o f C o m m e r c e a r c b a c k in g t h e e n te r p r is e .
T h e M a n it o b a lin e s o f t h e N o r t h e r n P a c if i c l l y .. 3 51 m ile s , a r c s u b le t
f r o m t h e P r o v i n c i a l G o v e r n m e n t f o r ODD y e a r s f r o m M a y 3 0 I D o t a t 5 2 l o 0 0 0
a n n u a l l y f o r ll r a t 10 y e a r s , t h e n 5 2 2 5 . 0 0 0 f o r 1 0 y e a r s , t h e n 1 2 7 5 , 0 0 0 f o r t o
y e a r s , a n d t h e r e a ft e r 5 3 0 0 .0 0 0 . w it h o p t i o n o f p u r c h a s e fo r 3 7 ,0 0 0 0 0 0
M a n i t o b a G o v e r n m e n t h a s o p t i o n t o p u r c h a s e e n t i r e p r o p e r t y lu 1 0 2 0 '
S e e b e l o w a n d V . 7 2 . p . 4 3 7 ; V . 7 3 , p . 6 1 .1 .
C a n a d ia n S y s te m T e r m in a ls
I n c o r p o r a t e d S e p t . 1 0 0 7 w i t h 3 2 , 0 0 0 , 0 0 0 s t o c k , V*. 8 5 . p . 8 6 3 .
'
L A N D G R A N T . — L a n d s u n s o l d J u n e 3 0 1 0 0 7 , 1 ,8 2 8 , 2 5 1 a c r e s In M a n i ­
t o b a a n d S a s k a t c h e w a n ; s u r p l u s In l a n d - g r a n t a c c o u n t . 3 6 . 7 6 4 , 6 3 8 * d e ­
fe r r e d p a y m e n t s d u e o n la n d s a le s , 3 4 ,8 7 1 ,0 3 0 .
A l s o h a s s t o c k I n t e r e s t In
C a n a d ia n N o r t h e r n L a n d s P r a ir ie C o .
V . 8 5 . p . 1 2 0 5 ; V . 7 6 , p, 1 08 .V V'
75. p . 183. 540: V . 8 1. p . 263.
S T O C K . — J u n e 3 0 1 0 0 7 , a u t h o r i s e d . 3 3 0 ,7 5 0 ,0 0 0 ; p a r , 5 1 0 0 ; a ll p a i d ,
i n N o v . 1 0 0 7 it w o * p r o p o s e d t o a p p l y f o r a u t h o r i t y t o I n c r e a s e t h e x t o c k t o
5 0 .0 0 0 .0 0 0 .
V . 8 3 , p . 1401.




M
A
S
5 1 3 0 ,0 0 0
4
3 8 0 ,0 0 0
3
W o r th le s s
1 5 .0 0 0 ,0 0 0 S e e t e x t F
A
1 4 ,0 0 0 .0 0 0
J
A
J
o n
6 ,0 0 0 .0 0 0
3
M
A
S
1 3 0 .0 0 0
A
A O
4 g
1 ,1 0 1 .3 7 0
M A S .11
£ 5 0 ,0 0 0
£ 3 0 4 ,4 0 0
4
£ 1 .7 0 0
4
£ 1 1 8 0 , 6 0 0 4 A 4 >4 g J A D 3 0
8 1 0 1 .0 0 0
.1 A I ) .10
£ 1 ,8 0 4 .7 0 0
4
.1 A L) 3 0
.1 5 4 ,0 0 0
6 6 0 .0 0 0
6 0 3 .0 0 0
J A D 30
3 4 0 .0 0 0
£ 2 .0 4 2 .7 5 0
4
J A L) 3 0
£ 1 .0 2 3 .2 8 7
3
M 31*830
7 1 6 ,6 8 1
J
A
J
4
2 ,0 0 0 .0 0 0
F
A
A
4 g
1 . 0 0 0 .1 4 8
M
A
N
1 .2 0 0 .0 0 0
F
A
A
1
3 1 5 .0 0 0
M
A
S
5
4 2 0 .0 0 0
8 0 0 ,OO0
A
O
4)4 g
2 .2 0 0 .0 0 0
A
D
■1 11 K
5 0 0 .0 0 0
A
N
1 0 0 .0 0 0
A
I)
•M i x
1 .5 0 0 .0 0 0
A
D
Sec tex t
4
A
O
£ 1 .0 0 0 ,0 0 0
4
J A l ) 31
S ee tex t
A
()
S ec tex t A
4 .1 . 0 3 6 .6 6 6
4
A
A
O
0 7 3 .3 3 3
6
V a r io u s
.1 4 , 0 0 8 .6 3 3
I
A
J
3 g

S e p t 1 1 1 )3 0
G ra n d C e n tra l S ta tlo n N V
U n io n T r C o N e w Y o r k
do
do
A g ts B k o f M on trea l N Y

L on don and T oron to
L on don . T o ron to

A N Y

:i*

L ondon. Eng
do
N at T r C o, T or or L ond
C B k o f C o in N Y j o r T o r
do
or L ondon, Eng
do
T o r o n t o o r L ori
do
do
N Y , L on don o r T o ro n to
do
do
do
do
do
do
do
do
N ow Y o rk
L o a d A 3*1* P i n e ’ s t * N V
C o m p a n y 's O ' f l e e , L o u d
M on trea l
B a r in g B r o s A C o , L o n d

F eb 1 1008
H
■Ian I 1 0 1 3
M eh l 1013
O c t 1 1045
J u ly 10 1 0 3 8
A u g 1 1028
F eb 1 1020
N o v 1 1030
Ju n e 30 1030
J u n o .10 1 0 3 0
J u n e 30 1030
Ju n o 30 io 3 o
J u n e 30 1030
J u n e 3 0 1 0 .1 0
O ft 1 1030
Irre d e e m a b le
J u ly 1 0 1 0 5 3
J u ly 1 1 030
F e b I 1 01 0
N o v 1 10 0 6 - ’ 12
A u g l 1 0 0 8 -’ 13
S e p t 1 1 0 0 8 14
10081014
O cl
l 1008 15
J u n e t 1 00 8*' 10
N o v I 1 0 0 8 -* 1 0
J u n e I 1 0 0 8 - '1 7
I t in e 1 1 0 0 8 *1 7
O ct
I 1034
P e rp e tu a l
S e p t 3 0 *07 3 k
O ct
1 10 0 7 2 %
N o v 1 1010
J u ly 1 1 0 1 5

On Winnipeg and Saskatchewan division* there have bce&
ssued first mtge. bonds, guaranteed principal and Interest, by the Govern­
ment Of Manitoba at 98.m)o per mile; also second mtge. bonds, unguaran­
teed . 52,00b per mlb-, See V . 70. p. 1353; V . 71, n. 233.
Ill July IO03 Canadian Government guaranteed 30-year first mortgage 3 %
ttfbm turr stock, at 313.000 per mile, for the construction of 620 miles from
Grandview to Edmonton and loo mile* from prince Albert emtmrly
V. so,
n. 1234; V . 76. p. lff0D
In Dec. loot, 4 4 , 8 6 6 ,6 6 6 ( c 1.000,000) first consolidated mortgage d eb tn lures on Manitoba lines, uunrnntnd, prln. and lnt.. by Government nt Mani­
toba. ivexe
being part of an authorized Issu.- nt 310,(100 per mile.
V. 80. p. 116; V. 78, p. 1274; V 70. p. 2704; V. 81. p. 1607. V. 82. p. 568
In March 1006 branch line bond* wire offered the option of exchange for 1 st
consol, dab. 4*. V, 82. p, Otfl.
In Jam. 1003 the Manitoba Govern ment wax asked t.» guarantee 52,800.000
additional bonds, viz.: $1,000,000 for Winnipeg terminals. a line to oak
Point on Lake Manitoba and bridge over AxxliilhOtno Itlvcr and 31.800.000
for 18U miles Of branches. V. HO. n. 710
The Ontario Division 4H « (see V. 72. p. 338. 437) were mostly In 1002
exchanged for 4*, guaranteed, principal and Interest. by the Government of
Manitoba
V'. 74. p. 882; V. 73, p. 1 .1 1 )8 ; Vr. 71. p. 233.
In 1003 llinr, C2,240, non perpetual consol Mated debenture stock was Issued
to acquire securities of controlled properties. V. 76, p. 1217: V 77. p. 87:
V 80 . p. 006 ; V. 81. p, 600 . As to Imperial Rolling Stock 5* of 10 0 2 , xce
V. 73. p. 1.153; of 100 .1 . V . 77. p. 1740. 1873; of 1004. V. 70, p. 10 II; of 1006.
and 1007, V. 82, p. 1267; V. 84. n. 506: V. 83. p. 28.1. 500. See also V. 81.
p. 1550. In Dee. 1006 ordered equipment t o cost 84,825,000 for 1007
d e liv e r y .

V

8 3 . p . 1 ,1 2 3 .

Great Northern Ry. of Canada bond* nrn guaranteed. V. 70. p. 2434;
also Canadian Northern Quebec perpetual debenture stock. V. 83. p. 731.
The Edmonton A Slave T.ako Ry.. an allied lino, on July 1 1W07 made n
mtge. to secure an Issue or llrst mtge. bonds at 520,000 per mite on the line
between Edmonton ami Athabasca Landing, about ion miles. V.85, p.408.
In Deo. 1007 the Edmonton Yukon A I'ncIMo Ry. proposed to apply for
authority to Kmc bonds, debentures or other securities al 523,000 per mile
east of foothills of Rocky Mountains and |33,nno per mile on remainder of
line. V, 83. p. 1317.
EARNINGS. -5 mo*.,111107
Gross. 54.306.800; net. 31.363.700
3.370.900; net.
1160.200
July l to Nov. 30. fioon........... Gro**.
REPORT.— Report for year ending June 30 1007 (2.630 miles) was In
V. 83. p. 120-1, showing gro**, 88,330,108; net, 52,026,034; charge*, 51.­
882.480; surplus, 51.04.1.343. lu 1003-06 (2.182 mile*), gro**, 95.00.1,733.
Pres.. William Mackenzie: V P „ D. D. Mann: 3d V. I* , I). B Manna;
Sec.. \\ . II, Moore. Office, Toronto, Can. Director* Win. Mackenzie,
D. D. Mann, / . A Lash, Frederick Nlcholls ami U. M. Ilorne-I'ayno.—
(V. 83. p. 1401. 1517.)
CAN A D IA N PACIFIC RY.— RO AD .— Owns a trnnx-contlnentnl railway
m a d e u p a s fo llo w * J u ly 1 1 0 0 7 .
U n d e r c o n s t r u c t i o n J u ly 1 1007
823
O p e r a te d a c c o u n t o f o w n e r s ..
262
A ls o c o n t r o lle d h u t o n e r . s e p .
a M l n il- S t . P . A S a u It S t e , M
2 .2 8 3
a D u Iu th S ou th S h ore A A tla n tic
301
T o t a l lu t r a f f ic r e t u r n s 0 ,1 3 4
u S e e e a c h c o m p a n y 's s t a t e m e n t ,
HISTORY E T C . — I n c o r p o r a t e d F c b . 1 8 1 8 8 1 u n d e r c h a r t e r f r o m D o m i n i o n o f C a n a d a , r e c e i v i n g 5 2 3 . 0 0 0 , 0 0 0 In c a s h a * a s u b s i d y ; n l a o 2 3 . 0 0 0 , *
0 0 0 a c r e * o f l a n d , a l l t o b e lit, f o r s e t t l e m e n t .
O p e r a t e s t r a n s - A t la n t ic a n il
P a c i f i c s t e a m s h i p li n e * ; a l s o s t e a m e r s t o A l a s k a .
STOCK
T h e Im u q o f p r e f e r r e d m u s t n e v e r e x c e e d o n e - h a l f t h e c o m m o n
*toek .
In F e b . 1 00 7 a b o u t 3 5 .0 0 0 ,0 0 0 p r e f. s t o c k W as s o l d , ra s ltn e t o t a l
a m o u n t o u t t o 3 1 2 .7 1 0 .0 0 0 .
V . 8 4 . p . 3 .1 8 . 6 0 3
T h e s to c k h o ld e r s v o t e d
M a r c h 1 0 1 00 6 t o I n c r e a s e t h e c o m . s t o c k t o 5 1 5 0 , 0 0 0 , 0 0 0 ; o f t h e n e w s t o c k ,
5 2 0 .2 8 0 ,0 0 0 w a s th e n s u b s c r ib e d fo r b y s t o c k h o ld e r * p r o r a t a nt p a r . V . 8 2 .
p. 333, 601.
o f th e r e m a in d e r . 8 2 4 ,9 3 6 ,0 0 0 w a s o ffe r e d t o s t o c k h o ld e r s a t
p a r . p a y a b l e 2 0 e a c h F e b . 1 0 , A p r i l 2 1 . J u n e 1 0 , A u g . 1 0 a n d O c t . 10 1 0 0 8 .
r a is in g t h e a m o u n t o u t s t a n d in g t o $ 1 4 6 ,0 1 6 ,0 0 0 .
T h e n e w s t o c k Is e n t i t l e d
t o d i v id e n d * f o r h a lf y e a r e n d i n g D e e . 31 1 0 0 7 .
V . 86. p. 31.
D lV S .
'D O -*0 1 . * 0 3 , * 0 6 . ‘ 0 7 . ' 0 8 . 0 0 . ' 0 0 . ’ 0 1 . ' 0 2 . '0 .1 . * 0 4 t o ( ) c t . 0 7
• C o m . % .1 3 y e a r ly 0
2 4 2 4 4 4 4
5 4
3
3
3 .4
6 y e a r ly
P rcf, % .
I is s u e d In 1 8 0 4 .
4 "l> y e a r l y ( 2 % A A O ) .
• A l s o 1 "U e x t r a w a s p a i d I n 1 0 0 7 f r o m I n t e r e s t o n l a n d s a l e s , v l * . . H %
A p r i l 1 a m i 4 rt;, S e p t . 3 0 . S e e " G e n e r a l F i n a n c e s " b e l o w a n d V . 8 .1, p . 8 1 7 .
fr o m M o n tr e a l t o th e P a c ific O c e a n
M o n t r e a l t o V a n c o u v e r - ................ 2 .0 0 8
B r a n c h e s a n d a u x i l i a r i e s ................2 .6 0 3
3 ,6 4 7
L e a s e d l i n e s . - ................... - . . .
U s e d J o i n t l y _____ _______ ____________
Ul

B O N D S . D E B E N T U R E STOCK. G U A R A N T E E D
B O N D S , ETC.—
L i s t O f s e c u r i t i e s h e l d a g a i n s t consolidated debenture stack In V . 8 5 . p . 7 2 7 .
I n J u n e 1 80 0 c o m p a n y a g r e e d t o guarantee t h e p r i n c i p a l a n d I n t e r e s t o f
8 2 0 . 0 0 0 ,0 0 0 1 % b o n d s t o b o I s s u e d b y t h e D u l . S o . 8 1 ) . A A M .; a l s o 4 % l n t .
o n c o i u o l l d a t e d b o n d s o f t h e M i n n . S t . P . A S . S t e . M . , a n d In 1 8 0 0 I n t e r e s t
o n t h e s e c o n d n i t r e . Is o f t i l e l a t t e r , a n d I n 1 9 0 1 I n t e r e s t o n 5 1 . 2 3 4 . 0 0 0
M i n e r a l R a n g e 4 % b o n d s , t h e la s t n a m e d b e i n g a l l o w n e d J u n o .10 1 0 0 7 .
Owns D u l . S . S . A A l l . c o n s o l s . 8 1 5 , 1 0 7 . 0 0 0 .
8 1 . lAiwrcncr a Ottawa b o n d s a r c e n d o r s e d w i t h t h e C a n a d i a n P a c i f i c ' s
a c c e p t a n c e o f a 0 0 0 -y e a r * ' le a s e a t a r e n t a l s u f fic ie n t t o p a y 4 % I n t e r e s t o n
b o n d s , a n d th e b o n d h o ld e r s ' a g r e e m e n t t o a c c e p t In te re st a t 4 % (In ste a d o f
6 % a s f o r m e r l y ) . a n d t o r e f r a i n f r o m d e m a n d i n g p r i n c i p a l ( d u o 10 1 0 ) d u r i n g
c o n t in u a n c e o f le a s e .
T h e N ew Brunswick Ralltcau c o n s o l i d a t e d d e b e n t u r e s t o c k h a s I n t e r e s t
g u a r a n t e e d b y C a n a d ia n P a c ific : In te r e s t o n t h e 1 st m t g e , b o n d s , t h o u g h
n o t g u a r a n t e e d . Is p a i d o u t o f r e n t a l u n d e r 9 0 0 - y e a r l e a s e o f 1 8 0 0 .
n t u r e s tyo c k7 ?Is g u 6a 3r da n t e e d I n t e r e s t a t
. -T h e C
* a lgary .a E d m o n ton Ryy . d^e b e ^
4 % u n d e r n e w le a s e o f 1 0 0 3 .
T b o L in d s a y B o b c n y g c n n A i ’o n t y u o o i R y . b o n d s a r c Issu ed u n d e r a
y e a r le a s e c o v e r i n g t h e I n t e r e s t .
V . 7 7 . p. 1223; V . 7 0 , p . 2085
In l » 0 6 p r o p o s e d t o g u a r a n t e e T o r o n t o u n i o n S t a t io n C o . b o n d s ,
y . 82
p. 431.
I n N o v . 1 0 0 6 It w a s p r o p o s e d t o I s s u e n o t e x c e e d i n g 8 3 3 , 0 0 0 d e b e n ­
tu r e s t o c k p e r m ile o n T o r o n t o -S u d b u r y b r n n e b , 2 2 0 m ile * .
V . 8 3 . p . lo o a .
C a r tr tiM s o u t s t a n d i n g J u n e 3 0 1 0 0 7 , 5 2 .2 4 0 .0 3 7 .
m
L A N D S . — L a n d s u n s o l d J u n e 3“ 0“ 1 0 0 7 w e rr e 8 , 6 2 0 . 4 4 1 acres o f C an adianP a e in e g r a n t a n d 1 7 2 .1 8 7 a c r e s o f M a n ito b a S o u t h W e s t e r n g r a n t . I 0 4 .l0 fl<
G r e a t N o r t h - W e s t C e n t r a l g r a n t .(3 ,3 2 2 ,3 0 3 B r it is h C o lu m b ia S o u t h e r n a n d *

ft u m b o id t

•'iiwrv|Ui

W h -n ilc n c n A J Allow

Shelbyvllle
Fayetteville

rinltney

.C o n c o n l-

G ran d V ie * *
0 8 p r l n g C ltx*

'TeUlco

[S&Uabl
/ ( J o Idaho i

Off"*

*

H untavllla

IMiloli

I

8balby]

s. Norwood'

S p a rta n b u rj

\\ d holla

'lllue kiUt?©

IAUOA
*C*

'Dunn
fhAxlotU \

lllock»b'ul

Murphy

yltew ah

C U 8E S

D ili t o m lleu
.
dernonvllli

llnthe rfordum

Andrw

^Cleveland

ruNcuinbuil

Wlbtou

Marion
Un*«'lnt<

yilAnche*t©r I>unUp
rullnhnma /
/
. Tnurjr C v /V le to rb y V
CVwair
SUvrnx^ri

OcnatoM

Lenoir

X n ox v l]

T ran *]

itrovUle

Greenville

A^UtMW>»aJc.

KaJulAh FAIIkJ

\ *

\

\

Cl«0»HW

B u ffa lo

f

*\
Tate
VllVMVlllc
ingetjn j
^

luntcnnrjllo
Tontoioc

RAILWAY STOCKS AND BONDS.

CurliiiA

Oonv

Oxford

|

Mnrblo ^M rrlrtj

//■

O alno ivlllc

CMihn«U

D«lncir\

A m m io b ^ H
[Uowcf»vUI«\ U c

^UrlafA'Bo

I'n lcw i Jc.

'^V^Corbon Uj

llUrtw»ll\

\\
1

LUx-km
MMU i

kxlmouh

Pwnxh

\,

CWhouaV/

.r H S

lA lliv fX .

niiou

M . n«ll \ 1:Jt*'rl<' “ \ * ^ s/ilcCVirmiok
^ L o x ln a t^

>1*1# Doacb

iCTninO'

y

S T

K

/
V /\

^
' ’ BIRMING
HAM'
LoJurubua
s'
OoVhil

licforn y

B looto/i J<<

A ckerm an I C ad
( M ucoa 1

I

f *sxs

AkretV

g;—r—
*•/
Key^rillevA *

✓ Bowman

£ollneVlirlcrn ;Id

[\

^

^

*•

[ainpton'

Point

/✓ O X^\retw
boro \
Maplmlllc

iKin. u r-

k^Branc'hTlllc
|j
.♦O^Prc^naU's 1“
^ 5
larlt# \
iLonglBridjpe

.
i
y * / ihm !
C /-'
-c
/
;

TuactUo^S^locloj
Cart hi

•White Fb

\

irungvb^i C ^
r>
/ “— Vcrvu^'n

U G U S T ^
___A___________

Tacoa(

_

A \ \vsul*anJ>VLaAv’a

:\S Woodlawfch^.

^Jrecn F

Jr ^ S

I Ennis,
/E t h e l/

.,v>
f OPE LIKA*

Laudcrd/iic
MnrionJc?

Ilonville

.Nudawal

'Luutel
Georgian*„

Worth’

. Bluff \
eld

Hindi

|Douk’ la«

1008.,

Jaekeou!

mix-jinn'

NyVichoUa
Una Hubba
^ Brewtdn
FlotBAtonJ^

Matif*]

N DALUSl

Moultrie'

LOCKHARTV Graeerllle

Bbtfoaii

D« Funialt
Spring*

Chat talii

■V



I?

[alnbrldge

JQrltto n

TALLAHASSEI
'ort Warfilngton

G rc e n r ll le

/EcILrl

O^aiMjrtl

M A P

OF

CENTRAL OF GEORGIA
l«iw
d!“
RAILWAY
AND PRINCIPAL CONNECTIONS.

:}()

RAILWAY STOCKS AND RONDS.
R A IL R O A D S .

2for explanation of eolumn headings, A c ., see notes
on first page of tables.
Canadian l*ac (Concluded)— IstM ouAltfom aBrg. c*A r
Consolidated perpetual debenture stork . . . . . . . .

Securities of Principal Leased, Etc., Lines.

M U t, D al, Slee, or
Amount
ot
Par
of
Road. Rond,. Value, Outstanding
18 si
. . .

1868
1889

£100 Ac $3,650,000
£1 Ac 106.045.411

IN T E R E S T OR D IV ID E N D S .

T otal ea rn in g s.._______ .................. $ 72,217 ,528
N ot ea rn in g s......................... ...................$25,303 ,300
Interest received___ . . ___ ..................
2.364 ,4 8 0

$61,669,738 $50,481,882
$22,073 ,812 $13,475,088
1,060.447
1,581.004

$27,667,780
Fixed ch a r g e s --------------------$8,511,750
For Meamsblu <, A c ................................
780,000
Dividends on common stock____ a (6)7.300,800
Dividends on preferred stock...........(4) 1,736,228

$24,042 ,769 $17,059,752
$8,350,546 $7,054,008
680,000
230.000
(5)6,084.000 (6)6.577.000
(4)1.660,133 (4)1.614.133

When
Payable

Rill.
%
ft sr

4

Manitoba S W Col R y $12,000 per mtlo tut g u ., gold
218 1884
$1,000 $2,544,000
5 £
Atlantic A Northwest— 1st mortgage gold g u a r .c W r
550 1887
£100 Ac £ 1 ,3 3 0 ,0 0 0
3 k
St l^avsTonoe A Ottawa— first mortgage gold sec text
08 1876
(6) 4
£50 Ac
£ 200 .00 0
Ontario & Quebec stock guaranteed In perpetuity
. . .
£100 £ 2 .0 0 0 .0 0 0
n
Ontario A Quebec deben Interest guar In perpetuity
071
. . . .
£1 £4,007,381
5
Toronto Grey a Bruce l a l M gold. Interest as rental
ltil 188*1
£100
£ 7 19 ,00 0
4 g
New Brunswick Ry 1st M gold Int from ren tal____ c*
174 1884
£100
£ 6 80 ,00 0
Perpetual consol debenturo stock, Interest guar
. . .
1800
£ 0 04 ,33 3
£1
•1
Calgary A Edmonton deb stock gold Interest as rent
1890
. . .
£ 1 ,1 2 1 ,7 0 0
4 g
Branch line bond* $ 1 ,0 4 0 ,0 0 0 (owned by Can.Pac.)
52 1905
$1,000 $1,040,000
4
Lindsay Bobcayg A Pontypool 1st M $700,000 gold
40 1005
600,000
1.000
4 g
Minn St P A Sault Ste Marie and Uulnth So Shoro A Allan tic— S ce8tatcm enta of tho* o compan
Cane Belt— Seo Atchison Topeka A Santa Fc.
D
Carolina Central— Bonds— Sr 0 Seaboard Air Line Ry,
Carolina A I'cnnestcc Southern— See Southern H y.
Carthage A Adlr— 1st M $1,000,000 gold g u .U n .o '& r
46 1892
1,100,000
1.000
4 g
Carthage W ater A Sack Mar— lnt M gold guar pA l end
29 1801
300.000
1,000
6 K
Cajaauuqua A Fogclavlllc— First mortgage g . . PeP.C*
. . .
1.000
135,000
1898
4 g
C t(a tv D *«— Prcf stocks 5 % gum P A H Fly. Sec text
08 ______
*50
3,200,000
5
Flr$t consnl mortgage $2,215,000 g o l d . . . Pa P c *
103 1898
t ,000
2.213,000
4 g
C a n kill M t'n .— lnt M . ($2,000 n o te x t. from 1 0 0 5 ) ..
16 1885
1,000
39,000
6
First Income b o n d s . . . . . . ________ ___________________
. . .
1885
238.000
6
10o Ac
Cayuga A Susquehanna— Stock 0 % rental I) L & W
•54 . . . .
50
589,110 See text
Cedar Rapid* Iowa Palls A Northwestern— See Ctll COg o Roc It Islan d A Pad He Ry ami Rock Isl
Central Branch— Cent Branch U P 1st M g o ld ..U n .c *
100 1898
2.500.000
1 ,000
4 g
Central Branch first mortgage guaranteed g o l d . . Me
28* 1899
3,459,000
1.000
4 g
Central of Georgia Ry 1st M $7,000,000 gold — G.C*Ar
3TZ 1805
1,000
7.000.000
5 g
Consolidated mortgage $ 1 5,500 ,000 g o ld . -M e.o* Ar 1.403 1805
1,000 18,200,000
3 g
Mobile Dlv 1st M (Columbus to Andalusia) gold. <1 o*
1.86 1895
1,000,000
1.000
5 g
Macon A Nor Dlv 1st M $840,000 g o ld ____ MBn.c*
102 1805
840,000
1,000
3 £
Ocou Dlv 1st M Hrewton to Dover $5,000 p rn _.S ,c #
77 1901
462.000
3 if
1 000
Mid G a * A tl Dlv l«t (consol) M $0,000 p m ..< l.c *
6.5 1807
413,000
1,000
5 cur
Eritout Branch 1st M not guar g o l d ......................
21 1894
168,000
3g
500
Chattanooga Dlv porch money M $2,400,000 g ..S ,c *
164 1001
2,057,000
1,000
i *
O hatUnooga Horae A So 1st M $500,000 g o ld . U.c*
156 1897
343.000
1,000
»
£
Upper Cahoba purchase m oney M gold red 102 M . . N
10 R 1905
525,000
4 g
1,000
0 7,170 acres of Columbia and Kootenay grant; total, 12.325,405 acres.
In addition there will be acquired through the Columbia A Western Hy.’
about 2.500.000 acree. T otal sales In 1 0 0 0 -0 7 ,0 0 4 .8 4 0 acres, for $ 3 , 8 8 7 .­
3 77. Tax decision. Feb. 27 1905, V . 8 0 . p. 000.
G E N E R A L F IN A N C E S .— In 1902 stockholders subscribed for $19,500 000 now common M ock nl par, In 1904 fortt) 6,900 .0 0 0 and In March 1905
for $20,2 8 0 ,0 0 0 at par. V . 74, p. 378; V. 82, p. 333, 591.
In Feb. 1907
about $5,0 0 0 ,0 0 0 prcf. stock was sold. V . 8 4 , p. 338.
Stockholders on Oct, .1 1007 authorized the Issue o f $ 8,000,000 consoli­
dated debenture stock, viz.: At not over $20,000 per mile?, to construct
various branches. Aggregating about 300 miles; additional work on the
Sudbury branch, 225 inllei. a t $10,000 per mile, and three steamers; also
the leaM o f certain lines, Ac.
V . 85, p. 853, 10 0 2 .
The double-tracking
between Fort W illiam . O u t., and W innipeg, 427 m .. to be completed In
1908. will cost about $ 1 0 ,0 9 0 ,0 0 0 .
V . HI, p. 557, 1170,
In Sept. 1907
£ 1 .2 3 0 .0 0 0 4 % debenture M ock was sold.
V . 8 5 , p. 099.
In duly 1900 the last of the fl3 .0 o o .0 u o land grant bonds was paid off,
leaving the land grant unencumbered; on Juno 30 1907 the balance due on
account of land sale* Was $10,6 5 4 ,5 1 2 , on which 5 % Interest la received.
This interest will be used to pay extra dividends on the common stock; 1 %
was paid during 1907.
V . 83, p. 817.
E A R N IN G S .— 5 m o s .,/1 9 0 7 ..........Gross, $ 3 1 ,4 5 5 ,0 1 8 ; net, $12,353,833
12.320,272
July 1 to N ov. 30. \ 1006..........Gross. 31 ,4 7 2 .3 7 5 ; net,
A N N U A L R E P O R T .— Fiscal year ends June 30.
Annual meeting is
held ftt Montreal on the first W ednesday In O ctober. The report for 1906-07
a t length was In V . 8 3 , p. 6 5 2 , 7 20. See also editorial, p. 690.
1906-07.
1905-06.
1004-05.
MUoa operated end of year............. ..
9,154
8,777
8,568
Passenger earnings__________________$19,528 ,878
$ 10,041 ,016 $13,588,052
Freight ...................................................... 45,885,063
39,512,973 31,725.290
M all, axproRS and miscellaneous___
6 .802.082
6 .115,169
3.173,640

I V o l . 1.XXXVI

J
J

A

A

Where Payable, and by
Whom

Hands— Princi­
pal, When D ue,
Stocks— Last
Utelderui.

J Baring Bros A C o .L o n d . July 1 1037
J Company's Office, Loml. ! (redeemable.

A D'Lourion A .11 Pino S t ,N Y
j
A
J
J Baring Bros A Co, Loml.
j a a m e a n Pac o m ce. London
J A D Montrcal and London.
A D Morton. Rose, London.
J
J Toronto and London.
J
A
F A A London
do
do
J A
J
J Con Poo Office, London.
J3 A
J
A
J Can Pac Office, Montreal
J
A
J Uenk of Montreal. Toron.
lea.

June t to ss
Jnn i 10 37
See text.
Dec 1007 3 %
Irredeemable.
July 20 2*82
Am: 1 103.1
Irredeemable,
2002
1933
July 1 £002

J

DCC 1 1081
July 1 1931
July l 1028
Nov 10 1007 2 H
April 1 104*
Aug 1 1913
Aug l 1913
Jan 1008 4 1* •/.

J
J
M
A
F

A
A
A
A
A
A

D Grand Cent Station.

N Y.
do
do
J
J Reading Term inal. Phlla
N Company** Office. Phlla
O
do
do
A Tan Nat Bk.Catsklll.N Y
5.8281 ?r,paid In Sept,. *06
J 30 Pine Street.N ow York

J
A
and Co,
J
A D
F A A
F A A
M A N
J
A
j
J
As J
J A i)
J
A
J
A 1)
J
J
A I)
J
A
J
F A A

Mercantile Trust C o.N Y June 1 i n i *
do
do
Feb 1 1919
Guaranty Trust Co, N Y Nov 1 1945
do
do
NOV 1 1945
do
do
Jan 1 1046
do
do
Jan l 1946
do
do
Deo 1 1945
Jnn 1 1947
Savanuah, Ga.
Guaranty Trust Co, N Y Juno 1 1051
Union Trust Co. N Y
July 1 1947
Guaranty Trust Co, N Y A uk ‘ OS-Aur 28

C E N TR A L BRANCH RY — (See Ata p Missouri P acific ,)— Owns Lenora
to Atchison K a n .. 203 m .; Jamestown to Burr O ak, K a n .. 33 in.; brauchea,
62 m . Stock, $7 ,3 8 5 ,0 0 0 , all owned by \(». Pno.
Dividend, 14 % , paid In
year 1005-06; In 1000-07. 2 % . The $3,450,000 lot 4a of 1890 arc guaran­
teed. ptiti. and ln t ., by the Mo. Pac. (see V . 68, p. 32 0 ).
Form of guaranty.
V. 70, p. 2 70.
For year ending June. 30 1907. gross. $ 1 .626.152; not. $543 .­
401; other receipts. $7,728; interrst. $238,300: taxes. $106 ,72 3; Improve­
m ents. $31,452 ; dividends 1 2 % ). $131.700: b al.. sur.. $ 2 3 .8 9 4 .— (V .7 3 , p .31.
C E N TR A L OF GEORQ1A R Y .— (See M a p .)— System Includes:
Lines owned in fee.
Allies. Lines leased— (see these cos.) M iles,
Savannah to A tlan ta......................... 295 Southwestern R R .—
Gordon to Portcrdalo........................ s 6
Macon to E u f a u la .......................... 144
Columbus to Blrm’gham . A l a . . . .156
Fort Valley to P e r r y .. . . .
. . 12
Columbus to A racrlcus.................... 62
Fort Valley to C o lu m b u s..
. , 71
Montgomery to Eufaula, A i n .. . . 80
Smlthvllle to Columbia............... 83
Columbus to Greenville, G a .......... 49
Cuthbert to Fort Gaines. . . .
21
Opelika to R o a n o k e......................... 3 3 Augusta A Savannah R R .—
Eufaula to Ozark...................................go
MUlen to A u g u s t a ......................
33
Grinin. G a .. to C hat., T ean . A c, 108 Chattahoochee A G ulf R R .—
Cblckamauga to D u r h a m ............... 18
Columbia to Lockhart................. 01
Savannah to T y beo.......................... 18 Trackage ..............................................
1
Columbus to A n d a l u s i a . 138
Macou Junction to Athens............ 102
T otal oper. July 1907 ............. 1,914
Brewton to D over......... .........................77
Barnesville to Thom aston. . . .
. 16 Also Mrldrlm to L yons, 3$ rollw
Lyerly Branch....................................
g
(leased to Geo, A A la . R y .—
Upper Cahaba branch.......... ..
. j*
Seaboard Air Lino sys.)
Greenville to Raym ond.................. 24 Ocean Steamship C o., estimated
equivalent o f ..................................... 300
Total owned (and op er.). . . . 1.436,
.E xten sion from Grcenvlllo to Raym ond, G n., under charter of Green*
ylllo A Newnan Ry
24 m ., was opened Feb. 1007; the line from Colum­
bus to Greenville, 49 m ., bring made Mauunrd gauge; a lOH-rnllo branch
from near Leeds. A la., to coal fluids was opened July 1 1006. V . 8 0 , p,
2457: V . N l, p. 210.

— Organised Oct. 17 1895 and N ov. 1 succeeded to the
properties of the Central R R . A Banking Co. of Georgia, foreclosed, per plan
m V . 60 p. 1008, ami V . 6 1 . p .6 8 .
Controls Wrlghtsvtlle A Tennlllo and
WadlCy Southern R y ., all of the bonds o f latter being owned and depoelted
to secure ihort-term notes due March t 1912.
V . 8ft. p. 606.
In June 1907 the Mock, which was held by the Richmond Terminal re­
organization committer since 1806 was sold to Oaklelgh Thome and Marsdnn
Balance, »urplus.............................................................. $ 9,330,005
$8,203,083 $1,784,653
a Also 1 % extra paid In 1907 from Interest on loml sales, viz., '< %
j . Perry, who In Nov. 190 7 resold, It xvns understood, to the iiarrimnn in*
tcrests, but \>lll retain voting control for two years front purchase by them
April l ami .4 % Oct. I .— (V . 85, p. 863, 1002, 1401; V . 86. p. 61 )
on at least 6 0 % of Issue.
V . 8 1 . p. 1550: V 8 5 . p, 1082. 1266
CAN E BELT R R .— Scaly to Matagorda. 03 miles.
Branch to Garwood.
0 miles. The Lincoln Trust Co. o f S t. Louis Is the mortgage trustee.
S T O C K .— $6,000,000; sec O R G A N IZ A T IO N above.
Bonds are Issuable nt $15,000 per mile, but all bonds above the $760,000
B O N D S .— The first mortgage of 1896 (described In V . G3, p. 1 1 6 0 ) la a
now outstanding will be In subordination to the lien o f the latter on the first lUn on the main line from Atlanta to Savannah. Including the MUledgopresent mileage. V . 7 7 . p. 2338, Stock, $ 10 0 , 0 00 , all acquired In N ov.
vllle branch (312 rn. In all). all equipment and appurtenances, and the e g u t t v
1803 by Atchison Topeka A Santa Fc, which leases the road for 50 years
In $ 1,996,000 of the capital stock o f Ocean Steamship Co. of Savannah.
from July 19 0 s .
V . 7 7 , p . 2007.
Year ending June 30 1003. gross,
N o dlv. was paid on Ocean Steamship slock In 1007.
V . 8 4 , p. 5 20, 605.
$223,810: net. $ 4 7 .6 1 1 .— (V . 7 7 . p. 2338.)
Application for Hating firsts and consols. In V . 63, p . 1160.
C A R O L IN A A NOR TH W ESTERN R Y .— Owns standard-gauge road
The consol, mart, (see abstract V . 6 1 , p. 873; also V. 6 3 . p. 1160; V . $ 3 , n.
Chester. 8 . O .. to f^euolr, N . O ., 110 m . Controls Caldwell A Northern Lenoir
1347) Is a first lien upon 600 rn. (Including former M ont. A Eufala R R ., Snv.
to Edgeraont. N . O .. 25 m. Reorg. In 1897 o f Chester A Lenoir, foreclosed.
A Western ami Snv. A A ll.) ; M.10 on the leases of the South Western and
In Meh. 1900 nearly all stock wua acquired by a syndicate. Stock author­
Augusta A Savannah road* and the stock of New England A Savannah
ized $ 1 . 000.000 each of com . and 4 % Don-ctim pref.; outstanding, July
Steamship C o., and a second lien upon tho main lino, Its equipment, Ac.
1906 . $854,230 com . and $650,000 pref. stock.
Or the 60 -year lnt gold 5 s mid also on thn Macon A Northern, Mobile A Girard, and other divisions.
due July 1 1053 (Standard Trust Co. of Now Y ork, trustee). $ 1 .600.000 were It alio cov en all leasehold*. securities, A c. The remaining $300,000 are
used to retire all underlying bonds and $ 1 ,000 000 are applicable to exten­ available for betterments and equipment.
V . 85, p. 603.
sions, new equipm ent, A c.
Year 1005-06 ( 1 1 0 m .) , gross, $326,821; net.
At aeon A Northern Division bonds are also direct obligations of tho Cen­
$133 ,0 7 1 ; total deductions, $84,093; b a l., su r., $48,978 . Pres., W m . A .
tral R y .. with first lien from Macon Jet. to Athens, G a ., 10 2 miles.
Barber, 5 Nassau S t .. Pf. Y .— (V . 7 7 . p. 348*)
M iddle O fo y ta A Atlantic Division bonds — (V . 66, p, 823; V . 64, p. 180;
V . 65, p. 324.)
C AR TH AG E A A D IR O N D A C K R Y .— (See M aps N . Y . Central,)— Owns
Collateral truil moriaaa• Abstract w«a In V . * 8 , p. 8-12.
from Carthage to Newton Falls, N . Y . , 46 ni. Th e entire stock. $500,000, la
Tho Oxaltanooga D i.tjiun mortaac, to a nr»t lien on the former Chatta­
owned by the N . Y . Ceutrnl H R ., which In May 1893 leased the property In
nooga Rom e * Southern R n .. Carrollton, O n., to Chattanootra. T e n n ., 13*
perpetuity and guaranteed Itn $1,600,000 bonds, of which $300,000 were for
tulles. and Durham toChlcUamauBa, O n.. 17 mile.,, with branobca. In all 104
extensions, A c .— (V . 3 7 , p. 218.)
miles, subject to 1843,000 old 3s. for which ft like amount of bonds Is re­
C AR TH AG E W A T E R T O W N A SA C K E T T 'S H AR BO R R « . — (See Amps
N . Y . Central.) — Owns from Carthago to Sackctt's Harbor. N . Y ., 20 miles. served. V . 78 p. 1184: V . 7 8 , p. 1440.
l/pprr Cababa Hrancb bonds are secured by coal lands In Northern A la.
Controlled by N . Y . Central, which owns $184,100 of the stock and guaran­
V . 8 1 . p. » 2 0 . tool).
tees the beads. Leased to It. W - A O . for 37 H % o f gross earnings. Rental In bam s
Tho p r«V r*n « Income bonds, subject to the prior morlynitro. cover the
cal. year 1906, $42,734. Cap. stock. $ 165,813 common and $ 2 1 ,500 pref.
innln line and the former Savannah A W estern, Columbus A Rom o. Mont« . 5 A * $ SAU£ U * & P O a H L S V I lX B R R .— Road from Catnsauoua, Pa , to
yomerv A Bufnuln. Mobile A Girard. Macon A Nortbcru ano Savannah A
Rlttenboutie O an, P a .. 20.6 m . Opened In 1857; In 1800 the Phlla. A Rend,
Atlantic and other railroads, and their ouulpment. A c . They are nonacquired control through ownership of a m ajority of the capital stock of com ulntlve and bear Interest not oxeredlntf 3 % In any one ibirnl yenr, but
(R 8*»8*5). Or the stock $251,125 Is owned by Reading Co., $ 2 6 1 ,.
payable only our. o f uet carnlniri ns declared.
In Oat, 1003 It was arrunyrd
6*5 being deposited as part security for Read. gen. mort. of 1807. Dlvs,
io attach coupons to Income bonds,
V . Ml, p. 074 1174.
paid In 1903-04, 7 % : In 1904-05, 8 % ; In 1 9 0 5 -0 6 ,8 % ; In 1 0 0 6 * 0 7 .8 % .
For
Dividends{ % i
'on. 'u7. •#». no. 'oo. 'o i. '» 2 . "on. •04. ‘ o s . ’n«. '0 7 .
year ending June 30 1007, gross. $1 12,107: net. $ 8 2,206 ; deductions. $ 2 3 .­
*
»
*
*
1
*
A
A
n
*
3
5
3<(
1 ‘i 2 «
637; dividends. $34,152 , bal.. su r., $ 2 4 ,4 9 7 .— (V . 81. p. 1402.)
On 2il oref. Incomes 0
0
0
0
2
6
0
n
0
o
* 3.728
On 3d pref. Income. 0
0
6
RR*— Owns from Tamartond. Pa. to Newberry J et.. P a,,
0
0
0
0
n
0
0
IS
0
102.93 nines.
Re leased Dee. 1 1896 for 099 years to Phlla. A
In Oct. 1007 the holders o f 12,408,(100 second preference anil 11,330,000
I t a M .I ia t lu>sau' R cnl*L lnt. on bonds. 5 % dividends on pref stock, all taxea
third preference Income bonds, dlssatlsiled with the dividend declaration
and $ 8,000 for organization expenses. See also V . 6 3 , p. 069, 1116. O f the
In, 11107. Jiad_deposited their bonds with n c o m m lt t e o J J o f ..............
pref. stocks. In 1006 $ 2 .2 0 0 .000 was Drat preferred and $1,000,000 second
William’ St., N. V . SeereTalw)." "V . aSi’p. sfo.Toiii'nnai'TSl.Vo.l?*11 ’
preferred and common was $ 1 ,150,500: par $ 50.— (V . 7 2 . p. 1187.)
LATEST EARNINGS.—(1007......... Gross, 13,470.7(18: net, 11,377.837
C A T S K IL L .MOUNTAIN R Y .— Owns narrow gauge road from Catsktll.
5 m o ,., duly I to Novu 30. JloilR
Gross. 3,0 2 8 ,3 7 1 : net, 1,1*1,774
op the Catsklll Mountain, to Palenvllle. N . Y .. 16 in .; leases Cairo R R ..
A N N U A L R E P O R T . —Report for 1000-07 at Icmrtli In V . 03, p. 8 03, 004.
Cairo Jet. to Cairo. N . Y . . 4 m .; total, 20 miles. Stock. $80,000 . There are
Year,
emflnp Juns 30—
10(17
1000.
10(13.
also second incomes for $16 ,6 0 0 . 0 % . FIrM Incomes have one vote for each
Gross earnimts..............................................112,0*2,777 I I 1 .303.123 1 1 0 .133,033
$100.
D lv. on 1st Incomes. 5 ,8 2 8 1 % , paid Sept. 1006, the Drst since 1897. Total operatln* exp enses....................... 10.000,2131 17,KK2,2I« 17,001,327
V . 8 3 . n. 817.
E A R N I N G S .— Year ending June 30 1006. gross, $75,303; T a x e s _____ ____________________________
_______J
332.003
320.430
net. $20,257 Interest. A o .. $ 16,203 .— ( V . 8 5 , p. 817.)
C A Y U G A A S U SQ U E H A N N A R R.— Owns from Susquehanna River to
Net earnlnifs from operation_______ 12.170,301
1 3 ,in u ,» in
12,717.0*3
Ithaca, N . Y ., 34 m. Leased during length of charter and ronewals thereof O thcrsourccs............................................. ..
311,030
271,321
248.304
to the Delawaro Lock. A WeMern nt a rental of $54,600 a year. Dlvs. paid
are 9 % yearly, with an occasional extra amount; In 1904 tf >4 % was paid.
Total net Income____ . . . . . . ____. . . 12 ,7 *0 .3 0 0
13,433,331
12,013,433




M AP OF THU

CHESAPEAKE & O H IO
RAILW AY

ileve land
|tanoai

AND ITS CONNECTIONS.
: , Ida N
^Butler,

.IUllllCL'

.ainucb
‘\Cbujik
Vtouton,

RAILWAY STOCKS AND BONDS.

■RENTQj

K <w |j
v fo itb

Drvedei

[olum]

"Wheeling
iinbridtfu

flUlre i

founds V*.

>nUA
J

st^'T

icnboif

Uarrl>

Columbus
fwcaton

rS^LO/

M(. Pleasant

A

^JjZ/Waahlngton

IteXSeU

i<bary.

y*nn°*
IQOMOii I

RY.

Evansville. 0-

_<ir^SfefitesM S
<?

J u -nphi<

^Corbin

<v,
^AdaiNrlBe

I lick s lo r d .

Scoftsrliie

lanvjlle.

Jollico

*5aUa»2n

>ger*.ville

JSfibbin*,

J an ., 1908.1

R urkcvjU i

?
/
^K cyrrlllJ -/

^

•Lclianod

n^ashville.

Oxford

meaboro
■Winston
ttetrltle

XJolainliJa.




Spring Citv

Marxviiie

Durban?*
Carry

E d en to!

) Sbarpspurgj
A.E10H ^

SmliMtcld'

Asheville'

>ld«buru]

—
Cleveland t

Halifax,

H en^

Charlotte

Fayetteville'

Jarao5Tinc|

[VOL. LXXXVI,

RAILWAY STOCKS AND BONDS.
R AILR O AD S .

For ecolanatlon o f column headings, A c ., te e notes
on first jxios of tables.
Con t of O oRy(Conrl)— Grccnv&Newr IstM g rod 102.4 N
1 st prof Incomes) Interest up to 3 % ...................... Mp
2d
do
do } gold If earned........................ . . . C o
3d
do
do i
non-cumulntlvo...... ..............— Mr
Central R B A Bk coll tr bonds (fold red at H O .C a .o
Equipm ent trust note* Oct 31 1907 .............................
Locomotive A car trusts payable $131,000 a -a n ..c
Equip trust ser H $51,000 s-a (V 82 p 2 1 7 ) .
do
do,) series K $38,000 sem l-an----------- . . . .
Short-term notes, secured by W adley Southern b d s.
Ounranieetl, A c ., securities.
Ooean SS Oo first mortgage gold gu aranteed.-C e.c*
Steamship bonds z ass'd by O SS Co $89,000 due s-a
Augusta A Savannah stock (no bonded debt) . —
Southwestern Railroad stock (no bonded debt) . . .
Chattahoochee A Gulf sto ck .........................- - - - - - - ­
First l ( gold $2,000,000 Int rental a t red at 1 0 2 H
Csnt Indiana— 1st M $-1,000,000 guar pAI end.Cs.o* Ar
Central flaw Ena— 1st M $1,230,000 call 1Q3..PP.C*
General 11 5 % Incomes $7,250,000 . . . . . . . — FP.r
Dutchess Oountv R R — 1st M gold guar............. Ms.c*
Poughkeepsie A Eastern 1 st mortgage.
Newburgh Dutchess A Conn coll bonds . . . .
do
do
Income bonds
Central Ohio— See Baltimore A Ohio.
Central Pacific—
1st ref U $ 1 0 0 ,000,000 gold guar p A l e n d .. '
3 H e $25,000,000 gold guar p A 1 e n d ............. I

IN TE R E S T OR D IV ID E N D S .
Mil** Date
of
of
Road. Bonds.
24

_
...
53
333
91
117
58
58

12

35
59
59

1..3 40
1.349
103

Convertible debentures.......... ................ ............ .................
All
Cent B R of N J gen M tor $30,000,000 gold-Ca.oAi
All
do
do
registered...............................
Guaranteed Bonds —
^
,
l^eh A Wllkeab Coal con M guar p A I e i t In 1900
5s of 1912 s f not guar (not drawn) ................. -F P .r
a O f the balance. $ 8.821,008 Is retained as coll, for note*

—
-..

1005
1805
189.3
1895
1887
•00-1-5
'02-3-5
1006
1906
1907

S h e , or
AmourW
Par
Value. Outstanding
1,0 0 0
1,0 0 0
1,0 0 0
1,000

1000

1903
1809
1800
1890
1894
1801
1877
1809
1899
1004
1809
1883
1887
1887
1875
1888
by U.

W/ien
Payable.

i ,ooo

i , 6 do
1,000
1 ,000
1,0 0 0

1,000

Bonds— P rinci­
pal, When Due.
Stocks— iMst
Dleldentl.

Guaranty Trust Co, N Y
Guar Tr Co. N Y or Sav
do
do
do
do
Guaranty Trust Co, N Y
do
do
Blair A Co. N Y
do
do
K oun t/e Bros, N Y
do
do

Mar ’ 08-Sop '$5
Nov 1 1013
Nov 1 1945
Nov 1 1043
May t 1937
To Jan 1910
T o Jan 1912

1 ,000,000

Guaranty Trust Co, N Y
Blair A Co, N Y
Savannah. Ga
Savannah and Macon
Savannah, Ga.
Citizens’ Bk, Savan'h, Ga
Central Trust Co. N Y
Fill I T 6 S D Co, Phlla
Yearly If earned
Fid I T 5 3 1) Co, Phlln

July 1 1920
T o July 1911
Jan 1908 2 H %
Jan 1908 2 H %
Jan 1 100M
. 1 1030
May 1 1933

510,000
1,022,900
6,191,100
436.400
358.000
1,500,000
1,250.000
7.250.000
350,000
BOO.000
216.000
1,164,600

100
100
100
1,0 0 0
1,000
1,0 0 0
1,000
1,0 0 0
l ,000
1,0 0 0
1,0 0 0

Where Payable, and by
Whom.

M 6
S
4 g
$540,000
Oct l
4.000.000 5 In 1007
Oct 1
Oct l
4,000.000 5 111 1906
4,880,000
M 6 N
3 g
103.584 3 H * 6 Mo A qu
Various
771.000
4H
A
816,000
B it P 6
1.605,000
6
J
4)4 g J
M 6
S
722.000
5 (f
650.000

7 ,0 0 0 ,001) 3.720 ’07

50,000
1890
'03-'04

Rale
%

5 If
J
6
J
J
t'c J
6 g
5
J
A
J
5
J
6
.1
5
J
6
.1
J A J
6 g
4 g
M 6 N
F 6
A
3 K
Oct 1
3 tr
6 D
4M ( 0 ) K J
6
M 6 N
M 6 N
5

P A A
4 g
500 A c *70,242.000
6 D
boo Ac 16,743,500
KJ
A A O
0 ,109,000
4 g
a
8,821.908
Q— F
£66 27,436.800 4 In 1007
M A N
6
1,000
29,000
J
A
J
5 g
500 6 cl 845,091,000 f
500 6 0 /
l
» g

1,000 6 C

1,000 12,175,000
1,000
2.691,000
S. Gove rnment.

____ Dta 1 1017

Mch

Feb
Feb

1 1012

1 1010
1 1940

Juno 1 1040
N ov 1 1031

l 1921

0

0
1

32

120 Broadway, N Y
do
do
New York

Oct

1 1040
1 1929
l 1954

Omco 143 Liberty S t. N Y Feb 1 1908 2 7$
Liberty N at Bank, N Y *
1 1908
t 1987
do
do
1 1987
do
do

Juno 1 10 10
do
do
Q— M
4H
do
do
Nov 1 1912
M A N
3
b Includ ca $1,187 .000 In treasury July 10 07.

C RN TR AL R R . OP N B W J E R S E Y .— (See M a p Heading Sustrm .) —
Operates from Jersey C ity, opposite Now York C ity, westerly to W llkesbarre and Scranton, P a ,, and tho neighboring anthracite coal Deldc also
|3%) 200,000 southerly to tho seashore resorts of Now Jersey, Ao.
H 1 3 T O R Y .— Chartered to 1840.
From May 1883 to Jan. I 1887 leased
5 % ) 330.000
to Philadelphia 4 Reading.
Receivers were In possession from Jan. I 1887
5 % ) 200,000
..........................
till Januaiy 1888. Reorganized In 1887 without formtlosuro—-sew plan V .
4 4 ,iop.
Balance for year............................ d «f.$12,004
su r.$50 0.87 l su r.$
i,5714.
1 7 718. Concerning coal properties, see Lehigh A Wllkesbarro lu
••Supp." of Jan. 1003 (p. 130). and I.ehlgh Coal A N av. In 'Miscellaneous.'
O F F IC E R S — Pres,. J. F Hanson. Macon, On.
Directors Oct. 1007,
In Jan. 1001 Reading Co . acquired *14 800,000 1 of the stock. V . 7 2 , p. 80,
V . 83. p. 1004. 1 2 6 8 .— (V . 85. p. 1001, 1082. 1288, 1338.)
136, 241, 301. 721. On Juno 30 1007 owned * 1 ,6 0 0 ,0 0 0 Lehigh Valley
C E N TR A L IN D IA N A R Y .— Munclc to Brarll, In d ., 127 m ., of which 10
R R . stock. V . 8 1 . p. 0 71.
m . trackage. V . 7 8 , p. 833. Controlled by Cleve. Clncln. Chic. A St. L. and
- —
Afiles.
Lines owned In fee
AffleJ.
Pena. B R . Interests. Bonds guaranteed oy Clcvo. Clu. Ohio. A St, L .. are Jersey City to Philllpshurg........... 72 Neequehonlng V a llo y -............... —
17
limited to $ 20,000 per mile: outstanding. $ 1,500,000.
(V . 7 7 . p. 517, 2270:
Sundry branches___ ______
84 Lehigh A Susquehanna, Phillips,
V 78, p. 1908, 1981.) Stock authorized, $120,000. Calendar year 1906,
burg to Union J ot.. A o . . . , . . . 1 7 t
Entire stock owned—
gross, $181 ,78 8; def. under oner, e x p ., $33,070.
In 1905. gross. $187,518.
Wllkesbarro & S cranton -................ 3
New York A Long Dranch R R .,
Pres., Joseph Robinson.— (V . 7 7 . p. 2279; V . 7 8 . p. 1008, 1981.)
8
Perth Am boy to Bay H e a d . . . . 38 Other lines........................................
Trackage—
C EN TR AL N EW E N O LA N D R Y — Owns from Camobell H all, crossing
New Jersey Southern R R .. Long
10
the Hudson River at Poughkeepsie by Its own bridge, to Sllvernalls, 58 m .;
Branch to Alston, 4 o . . . . . . . . . 78 Union C ot 1 H i t . . . .............
3
Poughkeepsie. N . Y . . to Hopewell, 12 ra.; Dutchess J e t., N . Y ., to State
Other lines (no d ebt)..........................147 Allentown Term . (oper. J o in tly )..
Other t r u c k a c o . . . . . . . ------------8
line. 30 m .; Poughkeepsie, N . Y . . to Boston Corners. 35 m .; total owned.
Leased (moifljy tor 000 gears)—
Ogden Mlno R R - ...................................10
181 miles; and leases and controls Hartford * .P0 *” 1
T o u t operated July 1007.......... 64s
to Rhlnccllff. 109 m .; W leopee J e t.. N . Y . . to Flshklll W f . . N , Y , 1 2 m ,;
•See this company
„
miles o f second
and 1 miles o f four tracks. In July 1008
There are 203 ml;
total. 203 miles. V . 7 2 . p. 1273; V . 73, p. 337: V . 7 0 . P» 43®, V . 84. p. 1427.
New Jersey Terminal R y ., 7 miles, was aoqulrod. V . 8 1 . p. 3 0 6 . ............
O R G A N I Z A T I O N .— In Juno 1907 the Ncwburg Dutchess A Conn..
n i V .__ l ’ O l. '02 t o '04 '03. 9 6 . '0 7 . '9 8 . '9 0 . 0 0 . 01. 1002 to
F c b '0 8 .
Dutchess County R R „ Poughkeepsie Bridge R R . and Poughkeepsie A
Eastern were merged. V . 84, p, 1350. On June 30 1007 the New York
P . T I o m 7 yearly. SM
8
4
4
36
8 yearly (Q .-F .)
B O N D S .— For general morl. abstract see V . 43, n. 4 0 2 . ____
New H aven A Hartford R R . owned $3,382,870 oreferred and $4,304,705
common stock; also $8,318,123 of tho $ 7 ,230.000 income and, $190,000 first
T h e L . A W . coal mortgage Is for * 1 3 .0 0 0 ,0 0 0 : the bonds, formerly 7 s, 01
S u re , bonds, the $ 500,000 Voughkccpslc A Eastern bonds, all of the $218,which *12.1 7 3 .0 0 0 havo been Issued, wore In 1900 eztended a t 4 M 71 and
UOO coll, and $1.158,5«5 o Income N . D . A Conn, bonds and $000,000 (total
guaranteed principal and tntorcet. See guaranty, V , 7 1 , p. .6 .
Issue) o f C'*ut. Is/ E . notes. V . 83, p. 4o i . 858.
In bob. 1907 a committee “ Jointly ami severally with the Lehigh Coal A N av. Co. guarantees * 1 ,0 6 2 ,(with Empire Trust C o., S . Y . . as depositary) requested deposits of general 000 Lehigh A H ud. R lv . R y . Oen. 8s, prln. and Int. Sec V , 3 7 , p, 788,
bonds and stock not owned by New Haven road, trio same to be re*
Equipment Mortgage i s . Interest a tl-tM 'jg N a ttO M iB a n k .N , Y . CUV,
t i m e d Ifn o t “ old by Feb. 10 1008. V . M . p. 449. 0 03, 1350; V . 83, p. 404.
($1 000 each.)
Dale, interest. Outstanding* Jf\stal. of Prln. due v lu.
S T O C K .— T h e ,to ck Is to bo held In voting trust lor ten years, or until 4 %
qer A & H
1899-02 4 % Var.
$1,000,000 $420,000 1008 to 101 £
Interest Is paid on general m ort. for two years. V o tlog trustees, J. p . Mor­ I S o
. . " " " " .1 0 0 3
4 % A&O
2.100 .0 0 0 330,000 lo April 1 1013
eau. W ra. Rockefeller. Chsrles F. Choate. Charles P. Brooker snd Charles qcr‘ D ?$1 200 000)
1003
4 ‘'f» M 6 3 III IfCAHUry 150,000 to ^Iarch iuifl
Lanier. Common. J4,800.000 ; prof.. I f t , .3 ,7 5 0 ,0 0 0 ; par, .t o o ,
i e r !E ( I s lf o o io o o S l I io o o
4% F *A
do do
SBO.OOO 1908 10 1916
E A R N IN G S .— 12 raos.ending Juno 30 <203 miles, against 250 In 1004-03);
1908 tu 1017
Ser. F 1*1.100 0 0 0 1 ..1 0 0 7
4 f t JAD
do do
110.000
I ■> M a s —
Orosj,
.Vrl.
Other Inc. Clxargc*.
Balance.
H
A
R
N
IN
O
S
—
For
3
m
onths
ending
N
ov.
30.
1000-07 ............2 .1 5 3 ,3 0 7 d c f.S 43 l.047 .5 0 ,5 4 8
.2 0 7 ,0 7 0 def .0 4 7 ,3 0 0
Bat., sur.
5 months—
Grass.
, N«<.
t.hnrats.
170,000
53.312 210,000
sur.
7,322
1003-00 ........... 1,070.430
$3,18.3,174
1007 ...................... *12,431,004
* I'n ia 'n s n
O F F IC E R S .— C. S. Mellon o f New Haven. Pres.: A . S. M ay. TrcaJ., and
2.028 .4 7 2
191)8 . ______ . I t . 100.079
5.433 ,0 0 2
2,923,321)
/ . O . Parker. Sec.— (V . 8 4 . p. 1330; V, 85. p. 150, 220, 404.)
Charges" in ion's Includi) * 444,103 (or additions and Improvements: none
C E N T R A L PACIFIC R Y .— (S m 3fup of Southern Partite,)
Aftlrj. 1" A N N U A L 1 R E P O R T .— 'Hie report for 1006-07 w a stn ^ V . 8 5 . p . m
Lines owned—
.'files.
1U00.
1905.
Umbria to C e c i l . . . . . . . . . . . ___ ]03
Earnings from—
San Francisco. O al.. to near
$8,671,217
$7,471,038
ji
Ogden, U ta h ............... ......... . . . 871 Branches to San Jose. &o _____
7.462.065
7.885,388
Trackage—
Lathrop. C al., to Goshen, O a l ._ 140
3,920,582
3,411.202
Into Ogden, d o -------------------------it
pnisenierr: : : : : : : : : : : : : : : : : ........ <:*«•»»»
Roseville Junction. O al.. to
372,603
3.33,451
Oregon State L i n o .. . . . . . . . .
290
Express and m a l l ........................... ............
85?*355
06,004
108,037
Miscellaneous
T o ta l................................................. 1.438
In Utah In July 1800 as successor of
Q R Q A N I Z A T I O N .— Incorporated----------..$
2
2
,7
7
2
,6
6
8
$20,523,031
$10,250,117
Total irroM earnings rail l i n e s ..the raUroad under tile plan of readjustment In V . 60 p. 370.
Net e a rn in g s.......................................... . $ 10,013 ,026 $0,865,865 $ 0 ,282,626
O C K .— (1) Common stock, 207,2 7 5 .3 0 0 . all held b y So. Pao. Co.
...
1,783,312
1.606.505
1,666,343
Preferred Hock, I ft cumulative, authorized Issue 2 2 0 ,000 ,000 , to be O t her Inconi e--------------------------------aouvered to So. Pac. Co. In consideration ot Issue of euual amount of go.
____ $12,608,038 $11,472,420 $10,848,971
Total
net
I
n
c
o
m
e
.......
Pan. Oo. 4 % coUat trust gold bonds: of which delivered on completion of
.......... $3,038,280
52,860,620
$2,830,200
Interest on d e b t . . . . . . . . .
readjustm ent. 2 1 2 .800 ,000 ; reserved to be delivered only to provide addi­
...
2,76 3 ,2 1 3
2,386 ,3 8 0
2,528,305
Rentals p a id .....................— -----tional fiiods. If required, for the payment of 3 % notee to the United States,
I ...
1,112,558
666,710
408.041
........................
..
T
a
x
e
s
and thereafter only for bettormonts and additions, 23,000,000; reserved
....
3.312.061
3,373.700
2.607.702
Itrnmval funds. Sco— ____
to be delivered for Improvements end additions s t not over 1200,000
D iv id e n d s............... ................ * “ . .(8 1 2 ,1 0 1 ,8 4 4 (8)2.104.424 (8)2.193.704
yoarty, (3 ,0 0 0 ,0 0 0 ; outstanding, 2 1 3 ,200 ,000 .
B O N D S .— Ftrsl refunding Af. gold 4», * 1 0 0 .0 0 0 ,0 0 0 . secured by all the
$141,016
Balance, surp lus................. ...........Q v **V *n ® 7 ? 1 S & W **
railroads, terminals and equipment now owned. Including about 1,3 4 0
— (V . 81, p. 1141, 1847; V . 83, p. 68*1 V . 83, p. 721, 78S.)
mfles o f rirst track, Ac.
O f the authorised Issuo, 28.831.008 li held by
C EN TR AL RR. OP SOUTH C A R O U N O j r a s from Lane. S . O , to
the United States as eollateralfor 3 % notes and 211,703 ,000 were In Aug.
Sumter, 3 . O ., 40.5 miles, epurs.
JSH ui 4, : 5 S i r . '
1907 held In the treasury. Sec abstract, V . 09, p. 80 8 , ami V . 7 0 . p. 739
Atlantic Coast Lino R R .: rental. * 3 1 .0 0 0 yearly and ^ w .
B tM k ,
. liar *sn
In t« 0 « -0 7 nmtnl
^ n) n ' l i l v V ’ ’
V 'rhUlu-'ue~a'rigold 3 )<5. 2 20,300 0,00 0, scoured by a second lieunpon alllho ** 170,900
1
3
,linn;
dlvs.
(
7
.5
f
t
)
,
*1
5
,2
1
0
:
bid.,
stir.,
544
5
.—
(V
.
04.
p.
»87.)
properties covered by tho 1 st ref. mortgage, and also by dopoett with the
C EN TR AL RV OP 8 0 U T II C A R O L IN A
V . 3 5 , p. 957.
T rustees,asacriulred,of all securities and raonoys held In any sinking fund
o f the Central Paelflu R y .. consisting July 1 1900 of 2 8,723.720 In iccurlc f n t m a l VERMONT R Y ,— Operate* from R o u io l Point, at norih and
tlci and 2300 cash, and by a trust 'Iced upon all the lands covered by the of Lake Champlain, lo Now London. Conn wit 11 I‘ " o m '' r o r*■'J m jl
m all.
mortgage dated Oct. 1 1870. See Morbfago Abstract, V 8 9 , p. 838; also
of which l«u miles loosed, viz.: Now London A Northern (seo that o o .),
see n.
From tho proceeds of these sinking funds and land sales can­
131 miles; Montvllle Branch, 3: W est River R R ., J» in.
cellation of bonds will bo made from time to time: In Peb. 1900 22,305,000
R G A N I Z A T I O N .— Succeeded May 1 1399. per araeniled plan In V . 87
3 Ms were canceled and to Juno 1007 23.780,000 additional hail been ran- p. O7 33,
the Central Verm ont Itallroad, foreclooeo. V . 8 8 , p. 1070,
orled. reducing those outstanding to 218,742,300._ V . 70, > P.
1104.
S
E
C U R IT IE S , A c .— The Grand Trunk R y. holds * 5,183,100 of thn *3 ,Tiaotitu three-pert cent notes, aggregating 158,8 1 3 ,7 1 4 , tseuod to the I 'Ov.
ooo.ooo stock, and under a tranle
.lu in K S T
erunsent In settlement o t subsidy debt: 210.999 ,808 paid, leaving 2 8 ,8 2 1 ,.
in CArnlnn to moat Interrat on thn now firsts up to 30
of Grand Tftrunk
non so m ature, 22.940.03S half-yearly bercafter to Fob. inno. First reroeeVpM f S m tram.- m iw changed. t m t '
«»• !>' * « •
tundtng 4s aro deposited to retire thorn.
R E P O R T .— For year ending June M 4# 0 », IB V . 81 , p. 1488.
The 4 % guar, bonds on the Lucln cu t-oif arc redeem able at 107 w on
Vsiif—
Gross
Nett
yiA> income.
CftrtfffM,
Bat., sur.
O ct. 1 tuua or any Intereetday thereafter. V . 7 9 . p. 1341, Form of guar­
an ty , V . 8 0 . p. 182.
.
...
iu o a -0 7 .. ..* s .8 3 3 .b 8 8
*"22-i5wM
*«u S‘2 S '
*1 -2 1 2
LA N D G R A N T .— Total land grant was about 12,000,000 acres, or which
''o f f l '/r o i .— Prrol? Charles J f f l S L
.ibeut 7 .7 1 4 ,0 8 0 acres remained unsold on June 30 1000. Sales In 1003-08,
Aibans, V t .— (V . 8 3 . p. 1*57; V . 8 4 , p . 930; V . 8 3 . n. 583. 1005.)
11,097 acres; cancellations. 4,007 acres.
Land oootracts July 1 looe—
CHARLESTON T E RMI NA L C O .— R O A D .— Owns R im Inal toad In
principal, 1274,283: average prlco per aero, 21 33.
R E P O R T .— In inoa-oil. gross, 1 2 8 ,327 ,020 ; net. 210.701 .882 ; other In
Charleston, S. C .. 3 miles; double track laid with 80-lb. steel.
com e, 2718.200; In t.. t a t « s , sinking funds. A c .. 30.378 ,3 4 0 ; M l ., sur.,
Company also owns 14 wharves, 30 warehouses, shout 30 acres nf lan d,
2 3 .0 3 0 ,3 4 3 .— (V 80. p. 1«2. 4 7 1 . 04U. 871: V . 8 1 . n. " 7 4 . )
4 cotton compresses, A c ., on the city a water front, these being ratmacti d
by Its own road with the other railroad; entering the city. A reorganisation
C E N T R A L RR. OP P E N N S Y L V A N IA .— Owns Bcllofonte (Penn, R R .l
to Mill H all. Pa.(Penn D lv. of N .Y .O .A H . R . R R .) , 37 mile*: branch, 3 m . ortho East ShoroTerminal C o.'s R R ., foreetosed July 14 1903, V. 77. n. 148
Current liabilities Juno 30 1000. 2753,734. For year 1003-00, gross. 310 1 .• 298 . Stock, 3200 .00 0, owned Jointly by Atlantic Coast Lino H R , and
250; net. 538,303: etigi., *17,737; d e f.. *1 1.444. S t k ., 3 1,200.000; par, * 3 0 . Southern R y .. which agree to make good any denclency III Interest on bonds
1908.
Years ending June 00 — •
$1,753,210
Intcrest on funded debt, A c — . $1,882,883
Rentals and miscellaneous..................................... 477.801 431,841
Dividend on 1st Incomes..............( 5 % ) 200,000 (5%) 200,000
Dividend on 2d Incomes. .(3 .7 2 9 %) 281,030 ( 5 % ) 350.000
(3%) 200,000
Dividend on 3d Inco m es.............
....................
..........................

1003.
$1,737,458
373,478

M " " ” ....................*5;iS5:»5S
...............................

S

Tot.




cmn.ni1
MAI* o r

Kittr*d;ro,

Glad brook

TUB

Sal-n 1a Jr.

»/*« f w t n T i

C H IC A G O & A L T O N
R A IL R O A D .

T am *
31el bourne

D tlnm r

Oxford

y _ Cedar Rapids

c hi .

-y

B elle r u i n

\

4 .A i» m A

G rin n dl]

C to iv i
Bat*rii

Dl&on'

Clinb'ti

Seeding

A u rora ^
N vrtn^f T

T lf^ n i

ex.

Newton

a L Bodullr

L.rui

6tanw<mij t

V tB X W O l

> ^ lr u » r a

Am boy"

Kldrl

JOLIET,

Iow a C ^ y ^ ^ j y

[loliali
Thornburg

Council BlufTi

11

Culu it -ni

Van W ertj

Canada

G rant Cy.

Funnlngtoi

j y C H C N O A V y>- G lim
f i f i i i Im
.1.— B i a k /6 '

e tm

Jc.
\ . i .j l U n *
B a li a s / T O t Buslmi

*'T775r5Siii

^v(Conc«ptlo*

V erm ont]

Htinliand
Pattonaburg

G ault

L a Plata

U r t in *
fonticello/

3Iar«a

^

r.

Tolono

C laytoi
Borneo t

Gal latin'"
Altam.

W .Q n in ^ V

Laclede

A SL Joseph
Chill loathe*

'Q u in c y

IJuxne

5PR TN G F1 ELD
ILK*
.

Tuacoli

Broctoj

Palmyra /

Oakland,
*

MACvu

H a nniba l

Sail Iran'

ilcn roc,

Cunnini

-nit.

"Wavcj

)
;h*rl.-aton

Lithrop

A t c h is o ir '

D

« t , l.

.INCOLI

Beard ituwi

Paint.

• Oxford

r a t io n

p :L i| a
ATLANTA
^^V'^sMaaifielJ o
^Awndalel > y p 3
.
I .
Champ.ucn

illtv ta i

[S RuxliviUe

M ilan

Ainai'inia

ma

LOOM I NGT<

jai-liiigtoi

/ iavan ^nh

.
*

rORMAL

1PIE Gibson,

Carthaga
A lexandria'

I*rri§

JJ. -^Napivr

rTowanda

Mackinaw

[ilonwood J ci

Maip title

•ckport

Elmwood

A h lafbi
Ft.M*di*<ii

Cuba

Caiuea V

XimpvoA Jo.
W aUeka

\
•Cc'ETervlIlo
Blnmun«l(l
Sedan

Oathauy Jc!1

•*wurf \

Medi«p<i|t«

Belknap

Seym our
^ /H a m b u r g ' ,

Otto

Murm i
irfiefd

ife r o r fA A ^

Humfutoa

Couwajr

IOWA

Alpha

'OHutawa

■q UINCT

J

■ARONCR f

Bureau, f

jvaUbiburg

Charlton

iCvfton Jo.1

ihtnandoal

jfortAIDWOOC
^ i^ rO N .A

)

Cable

Hedrick

|Osceola

c6>l err

M il so

K noxville

Creeton

M jfE y ^ o i
I-’
OAL I M ."fCM
l . . „ .JC, r w W ilu ioxtm i.

MMde»j>=
liacxftu.

W iaUssat
sOsknloora
H gonm y

irla a d cr"

I*»tt*r4oiy^

W a lo « t\ W

|J

Monroe

HAUL,

Carrollton.

9rdsnj
Cowd
^ W J / a > cn worth

Cl into

KauOfc,
It" cvvilliT

Fayette
A g fQ N

Topeka. Topj
‘Wffr.ce

CHICAGO

BotniiUe)

Cedar Jc.
OSnch

%

Co! itml.la

A /1

.
1

D e l^
aODFAf

■COUfiiU
T ’U invjcw
•hij'tpan A
IOMTO Hj/

CH riCLO

Newton

E'lgewood

. .
S i!" u.

La.no nte

[olden

Itaun

.Vew Bloonrfj3:
S e d u lia

Tipt»ji

V ersa illes.
'C linton

JEFFERSON
C IT Y

^ tWT L a wren r « V .

V ihce/nre s

. "C E jA ^ C r

rVAKS.

ra a i.*




/

■ f f ’- ’irn ” ■»
li ii l

’averl;

Rnbinfun

■
■rent*

Union

Central it
D rirci

.M ilU u di
•AshJeyj

3 Lt. Carmel

|VOIi. LXXXVI

RAILWAY STOCKS AND RONDS.

»i

IN T E R E S T OR D IV ID E N D S .

R A IL R O A D S .

For explanation
on

of column ftendings, A c ., see notes
first page of tables.

Dale Size, or
Amount
Par
of
ol
Road. Bonds. Value. Outstanding

A/ lie*

Central RR of N J (Concluded)
A m Dock A Imp Co st M guar redeemable at
,c *
Nr Y A Long Branch iron M gold (
,V ..C c
Lehigh A Hud Rlv iron M (fold guar Join tly..C d.e
Central RR
I'cneiylvnnl* — st M
,
. . I-f*
Central RR of South Carolina — Flrxt mortgage gold C
Cent Ry of S Car— st M
g gu r e d ...........CP
Ceulrni A Southeastern -First Nl
.
g o ld ------Central Verm ont— Stock
.
___ . . . . --------. . . .
First M
.
gold tradlc guaranteed. A B .cA r
Oar trusts
or
duo qu arterly.............
LocomotivetHIM . 52d,uuu due yrly (V . 83, p .7 5 1 )
Montreal A Province Line Ry st U guar p A I ------ <
Charleston & Savannah— See Atlantic Coast Line R R
.Charierton Terminal— st M
,
gold ..S ,G * del
Charleston U u S ta. -le t M S im.tNK) g gnltext) F.qc* Ai
Chari A W est Car— st M gold
p m) ..C e .c 'A i
Income M gold non-com (
per m ile). . . . O.c*
Augusta Terminal Fly st M gold guar n A I e n d .-C
Charlotte Monroe A Columbia— st M
g o ld .
Charlotte Columbia & Augusta— Sec Southern R y .
Char tier*— See Plltsb Cincinnati Chicago
St I.ouls
Chat A Lake Placid— Sar A L Placid st M gold Ce.C
Chattahoochee Valley -1 s t m ortgage------------------------

1

of

110
5102,000 0
51200,000

1
5150.000
52250,000
53000.000
512000,000
510.000 510,000
1
1 51000,000
4
1
158.000
57.000
1
1 570,000
A
1

1881

40
7

1

1805
1881
1906

All

1899

40.0

1906
1900

C h e s ap ea ke Baach— First mortgage 31,000,000 g -N .c
C h e s ap ea ke 4 Ohio— Stock (transfer agt J P M A CO)
)
Mortgage Os gold Scries A .......................................
do
do Series B ____ . . . . . . . --------- Co.c
First mortgage of i o n Peninsular Extension gold c I
Terminal 1st M 10 22 covering 8 miles to Phoebus g.o

100 Ac

*»*i
10

1893

1,000

1900
1907
3 1 1898

1 ,OOU
1,000 Ac
1,000
100
l .000
1 ,000
1 ,000
ftuo Ac
t.0 00
1 .000
1.000

10

494 1878
421 1878
7 1 1881
10 1882
697 1889
211 1890
241 1890
26 1890
23 189 |
W arm Springs Drancb Orst mortgage gold . .. C e . c
1.400 1892
Goneral mortgage (fo*- 5 7 0 . 0 00 . 0 uU Ac) g o ld .-C e .c
c Guaranteed lolntlv with T.ehlgb t'oal A \ny\yi tlon f> 0

1,000
1.000
1 ,000

i,000

1.0 0 0

1 ,000
1,000

Pres.. W in . E. linger: Tread.. It. D. Ijn lifn rd ; S e e., Itcnry Fraser.
E A R N IN G S .
(irir . year entllinr June .1(1 lutitl, $lhH,740; in I (over
taxes). $72,41(5.— tV. 77. p. 1411.)
C H A R L P. STO N IINIO N ST AT I O N CO.— O (VI1Brmsxen yrrstation At Charles
ton S CL.
I " Atlantic roast Lino lutd Southern R y ., which uneli mvn
nnedinlf the much anti truarnntee the bonds, p. ft I.. by end.
V. 8 4 , p, no.
C H A R L ESTO N ft 1 V E S IE R N C A R O L IN A R Ye -P o r t Royal S. O ., via
AuVusin. (in ., to Sparlanlturk,
Spartanburg. S. c : 24..
245 in,: brunches to Andemon and
arecnvllln, s . C ., lit) m .; leased, : m ,: total. .141 m . a consolidation Oct n
lane, utter forecloaurc sale. Entire stock nml portion or Ineonio bonds were
acquired by Atinntic ro a s t Lluts In Dec. ini»7
V . (1(1 n - 3 8 ,3 3 5 . D lv .o a
lucernes, 2 ::. for 11,03 (I I: .1% for JDU4 0S: 5 % for 11,05-00.
S T O C K .— S I .200,000: par, 8100. Sec AUtrUSbi Term . R y .
V . (18, p.,1 8 ,1 .
E A R N I N G S .— For fenr cndlnir June an 1t»t»7. gross. $ 1,510,083: net.
$ 1 0 3 ,4 7 8 ; other Inc ..m e, $ 24,107 : lot. on bonds, *172,0110: e x e s , $45,808:
surplus. $ 0 ,7 4 5
P ica., . 1 . U . Cleveland; S e e.. R .D .c r o n ly , Petersbunr.
V a — I V . 73, p. 1207.)
CH A R L O T TE MONROP. A C O L U M B IA RR — MoBee, S. C , on Scnbonrd
Air Line. In Jefferson. 72 m Stock. $48,000 . The Richmond Trust A Safe
D eposit Co is in or t fa c e trustee. V 73, n 1030. For year ending Juno 30
lB(5o.ifTOM,$2*.f.ON; net. $10 ,0 7 1 . I’res., Ernest W llltnm s.— (V . 7 5 . p. 10:10.)

C!

C ll ART1ERS R V .— i lT f e i l In Nov 1007 In Plttsbuntli Cincinnati ChiCairo A St. LOUla Rv
(V . 8,1, p. 158. I288-I
C H A T E A U O A V A L A K E PL AC ID R Y .— ISre .trap D el. A H udson) —
Operates from Plattsburg, N. Y . . to Lake Placid, 80 miles, o f which IMattshilre to Danneinora. 18 miles. I» leased from State nf New \ ork for $1 nml
tree transoortatlon of freight to the S t a t e s Prison at Uonnemora.
Stock. $ 3 ,4 5 0 ,0 0 0 , of which $1,000,080 Is 4 % pref.. m e Inner all owoea
by l> A II
v 8 4, p, All.
Leased to the Delaware A Hudson until Dec.
St 240.1. any balance over expensed nf operation, Interest, taxes, mainte­
nance. dnniairrx dividend on pref stock. A c ., t o c o to the lessor. The lease
Is subject to revision at 3-yenr Intervals after Jan. I 11108 on rrcjucst of
either narty, V ..8I, p .5 1 3 . There arc also $24,00(1 Saranac A Lake Placid
i d 8s doc Nov. 1 I D U . - ( V . HI. p. 81.1; V . 81 p. 3 0 . U30.)
C H A T 1' A HOOCH EE A OULP R R .— Colum bia, A la ., to Floralla. 02 m
L E A S E . — Leased lo 1000 In perpetuity to Cent, of Georgia R y. for 8 % on
$488,4011 stock nod $358,0(10 bonds, of which 1 % to be used as a sinking
fund for retirement of h o ld s, upon completion o f which rental will lie 6 % on
at<>ck, payaiile i. J. See Cent, o f (la. R y .— ( V . 77. p. 2270; V . 8 1 , p .l 722.)
C H A TTAH OO C H E E V A l-L U V R R .— W est Point. O n., to Jester, A la .,
l i t ; in
Extrusion north from W est Point to Standing Rock, 17 milts,
was comblctci! lo J in. 1008. to lie continued 15 or 2() miles further In
Heard Co d a . Stock authorized, sl.o o p .o o n ; outstanding. $110 ,00 0: par of
shares $100,
Ronds, see table above.
For year ending June .10 1005.
gross, $35,272 ; net. $ 1 4,080 : other Income, $.1.18; Int. on bonds, $3,0no.
C ll ATT ANOOtl A SOUTHERN R R .— Owns road, com pleted hi June 181)1.
from Tennessee State line to Gadsden. A la ., 87 m .; Round M l. bauicli, 3 in.:
crack ago to Chattanooga. 5 m : sidings and spurs. In m .; total of alltr.icks,
105 m
Successor to Chattanooga Southern R y ., sold In foreclosure Feb. 14
18 0 ,1 ; plan In V . 01. p. 8.10. On April 23 UIII7 VV. W . Kent mid E. C.
Osborne. 31 Nassau S t., N . V ,, were appointed receivers.
V . 84. p. 095,
Year ending June 30 11107. gross, $1(10,432; doiloll under operating
expenses, $ 3 ,8 ( 0 ,— (V . 84. p. 003.)
Clt A I I A N O O 0A SI A rtO N C O .— Owns union passenger station and np
proaches at Chattanooga. Tvnii., used by the Southern R y .. Cent, of O n..
Alabam a (It. Southern and Ctn. N . O . A Tex. Pile., which each own onefourth or the stock and guarantee the bonds Jointly and severally, principal
and Interest, by endorsem ent.— IV, 8 1 , p. 50.
C H E S A P E A K E BEACH R V.— W ashington, t>, 0 . . to Chesapeake lleach.
,\fd., 31 m .
In July 1905 llavld It. M ount, who owns about 1)9% of both
Mock and bonds, obtained Judgment on a promissory note for $1,222 ,8 0 0 .
Foreclosure pemflug: Interest alleged to be III default since 1901. V . 81,
p. 28.1. 171
Stock, $1,(19(1,0(11); par. *K>‘>.
I r e s .. W . 1 . Jones, Den­
v er, Col ; See., Paul Y . Waters. Office. M l #
York A v e „ W ash­
ington, I). C .— (V . 8 1 . p. 28$, 971.)
C H E S A P E A K E A OHIO R Y .— (Sec 5 f . i p . l - -Operates from Newport
News, V a ,, and Washington. D. C .. to Cincinnati. *>■• nnt* Louisville, K y ..
with nrunehes.
„
A (ilfs .
Lines owneit In fee —
M ites.
Old Point Comfort and Newport
I Bridge— Covington, K y ., to Cin­
cinnati. O hio..............................
2
New*, via Charlottc*vllle to
Big Sandy Hirer ......................... 812
Sundry branch*'* Ir/wcd............. ra
Htehtnnmi via Lynchburg to Clif­
to Louisville................ 84
ton l’ orge, Va ................................ 2-^0
Braneh«vi In Vn. and VV. Va . . . . 132 Trnckngn to Washington, D . 0 . . . 85
O th w trackage.............................. 31
Lines controlled hi/ st»£k. AC. —
Big Sandy Hlvrr to Covington 130
Dtmlori, K y , to l.**xingfon
. ..1 0 3
13lff Sandy let to F.lkhom City,
Total system June 30 1 0 0 7 .. . 1.832
with branch. .
.......
..1 2 8
Branch*** In K cn tork y......................... 30 Second track (250 owm*d) ..........310
Also owns one-sixth Interest In the lUchm om l-W asUlogton Co.
IIIS T O U V , A c .— In 1888 reorganize*! without forrclosurc, and the road
extended to Cincinnati. Th consolidation with the Klchmond A Allegheny
was con*ummate<l In Jan. 1«90: with ICUxnbethtowrt Lexington A Big Sandy.
A c .. In 1802. end with tJreenbrl* r and Other road* In 1003. The O. & O .
R y . of Kentucky wn.* coriXOlldatcd July 1 1007 with Tdie O, A O . R y ., Its
tirorv rty being pled«T**d under the general mortgage. V . M . p. 1181.
C A P IT A L S*vOCK.— Common stock authorized, ••unlimited"; oututand
Ing 532,700 .700 . Inerease*! from 1 40, 000,000 to this figure since 1892
through exchange of prnetlcaliy all the 528.000 .000 of preferred «tocW* for
com m on •lock and general mortgage 4 t* per cents In certain proportions,
and acquisition o f atoclca o f ocher companies. V . 77. p. 430, 7fl8. Pref




Linesleased—
Trackage

j
A J
3
S
4 A 3 g M A
A J
J
0
M A N
A J
•f
0 g
A J
j
0 g
A J
J
3.000,000 52,185. Oft held h
10.854.600
C1— F
4 g
450.000 4 V*
L—M
180,000
i. — F
l)
200,000
4 g |A

4

1,000 Ac

16 Vi

When
Payable.

J l.0 8 7 .0 0 0
1.891.000
c 1,062.000
600,000
300.000
160.000
600

51,000

1093
1907
1896
t896
1897
1902

34U

Rate
To

800,000
250.000
2,720,000
2,380,000
0O0 ,U00
70.000

A

4
4
3
5
0
3

«
g
g
g
g

Where Payable, and by
Whom.
Liberty N at B an k. N Y
do
do
National Exch Blc, N Y
FU1 1 Tr A S D Co. Pblla
Cuyler. M organ* Co, N \
Colonial Trust Co, Pitts
1 Incoln TruRt C o, N \
y Grand Trunk Ry of Can
nldlr ft C o .N Y ; * Bouton
Blair A Co. New York
Royal Trust Co, Montreal
Amer L & Tr Co. Boston

J Standard Trust Co, N Y
.1 New Y*»rk
O Central Trust Co, N Y .
Guar T r, N V . If earned
Oet
A A O Central Trust Co N Y
A A O Rich T A S U Co. R lch.V

[j
J
A

A
A
A

120.000 ft (0) K M A N 32 Nassau Street. N Y
u It
30.00(1
,1
♦V
3
60.000
J \ j i .i Amcr L A T r Co, Boston
A J New York
830,000
4 g ,J
A .1 In default
1,000,000
5 g ij
62.799.100 1 In JIM)7 Yearly J P Morgan A Co. N Y
do
do
2,000,000
A A O
6 g
do
do
0 g
13,334
M A N
do
do
2.000,000
6 g
A A O
A 1)
do
do
142,0011
J
0 ff
do
do
25.858.000
M A N
5 g
do
do
0.0 no .000
J
A .1
4 g
1 ,000,000
do
do
»g
•1 A J
050.000
do
do
5 *
.1 A .1
do
do
M A S
4(10,00(1
3 g
43,573.000
4 V$ g M A S
do
do
..

Bonds — PrincVval. When D ue.
Stocks— Last
Dividend.
July
Sept
July
Mfty
July
Jan
Jan
ada.
May
Mar
AVlg
oet

1
1
1
1
1
1
1

1921
1941
1920
1943
1921
1926
1050

1 1020
08 Mar ’ 15
19(18* It*
l 1930

July
Jan
Oct
Oct
A pi 11
Oct

1 1933
1 1946
l 1946

1

1 1932

Nov 1 1013
Dec
July 1ft 192*1
Jan 1
July l 1923
Dec 12 1007 I 7.
July 1 1908
July 1 1908
Jxn 1 m i l
June 1 m 2 :
May l 1 0 3 .
Jim 1 mini
JMI 1 1089
July 1 1940
Marco 1 1941
Mnrcti l IDOf

stock, tor $ 8 , 4im only, iva< outstanding July im i7.
V , 54, p. 642. Stork
mny be reduced by majority vote,
V 7(i, p. 17D.
D IV ID E N D S . -lsttn to 1m i >7, both Inclusive. 1 % yearly.
B O N D S . — Abstract of consol. tnortgagn o f lll.lil lit V . 41). p. 147: of Richmontl A Allegheny m o rtg a g e, In V. ftl, i>. 141.
Tiie ventral mortgage of 1892 (Central Trust Co. nml M. T . Wickham
trustees) I* for $70.noo,non. hut additional amount* nt 525.000 per mile may
be Issued for double (racking, O ffthe 3 70,000 ,000 ft* above, 5 3 2 .0 9 1 .000
bond* \v»*rc reserved lo provide for the 530,000 .000 couhoI* of 1880, Issued
or to be M u e d , Ac.
The balance was UsOfthlc f«>r new acquisitions,
rolling stock, A c ., but not more than 5 2 .000,000 thereof In any one year.
The mortgage covers the entire property of the com pany, real ami nersooal,
at the time the deed was made, and all additional property And mileage
acquired with the proceeds of the bonds See full abstract of mortgage In V.
5 1 . o. Al l; aim V. 3 4 , p 042; V. 3ft, p. 3 33. and V. 8 3 . p. 1323. In Mar.
1007 543.373.00n had been listed On W Y . Stock K x d m n g c.o f which 53,030
mm were issued for N(vond track and 5 3 8 .3 2 3 .out) for other purposes, leaving
5 31,132 .000 rc*erve*l to retire underlying bonds, 5 3 3 0 .0Q0 available for
Improvement* and 5*l,Oi»o lo retire remaining uncxchangod preferred stock.
V S3, p. I lf.!', 1823; V . 81, n. rt20.
,
.
The stockholder* voted July 31 11)07 to authorize a general equip*
ment and Improvement mortgage to secure not exccedlnr 5 1 0 *000,000
1 0 - year 3 % gold bond*, dated Aug i*t 1 1007 and HUOjflet to call.
It, was stated, at 1<»2. In Ju ly 1007 53.000,000 collateral trust 3-ycar 0 %
notes dated July I 1007 were sold, secured by 50.800,000 o f the bonda
(denominations 51,000 each).
V . 83, p. 30. 0 8 . 130.
The Louhetllr a Jffftrsonvlltr /Iritlgr bonds, of which 54.300,000 are out*
standing, arc guaranteed Jointly and severally by the Chesapeake a Ohio
and Cleveland Cincinnati Chicago A St. Louis; any deficit on account of
the bridge la payable by thorn In the proportion of one-third and two-thirds
respectively— see V 80, p. 130; V . 8 I . p. 3 2 7 .55u: V. 0 2 , p.,84 and separate
statement for Louisville A Jeffersonville Bridge Co
O f the Orcrnhrtcr fig 4s of 1900 guaranteed prln. ami Int. and assumed In
1903-04. 5 f.00o.ooo are reserved for extensions and Improvements. See
cruaranty. V 72. p. 828* see al*o V 71. p 3 51. 602; V . 70. p. 913. O f the
Big Samlg 4s of 1904, remaining 5229,0*10 Is reserved for extensions. V . 7 9 ,
p. 017; V . 82. p. 27D. Form of guaranty, V . 81, p. 088.
Of the Coal Itlcrr i.i of luo3, 5 1,800,000 has been IhhuciI mi the 18 miles
from St. Albans to Holly, \V. V a .. and about 30 mile* under construction;
the remaining $ 1 , 200,000 l* reserved for extension/! and improvements.
V . 80. p 2210; V 83. ,). 803.
O f the Pain! Creek Branch Is of 1003. 5228,000 Is reserved for extensions.
V . S l . p , 0 7 1 .0 1 0 .
Raleigh A SoulMeextern guar. 4*. V . 84. p. M I L
The 31,200.000 8 % uote* niatutlug June 28 1907 wore extended for one
year. V . 81, p. 1383, 1427.
Car Trust Series 4 % Qotti (Denomination
each.)
p a te.
outstanding
Afuture in Installments.
5100.000 yrly.
" A ” t o o l ................. $ 400 ,0 00 ............................ Aug. *08 *12
••II" l o o t ................. 1 . 0 0 0 .0 0 0 ............................ A u g. ‘ 18-'0 8 *12
200,000 yrly.
" C " 1902..............
50 0 .0 0 0 .............................Mar. *08-Sopt. *1?
60,000 n.a.
i>" 1903............
1 ,2 0 0 ,0 0 0 ............................ Aug. '08 A u g .'13 200.000 yrly.
..
- - 0 ,0
----------*------ |*08
U |Dec.
g to*
0 0 ...........................Jun«i
*13 3 0,000 S.A.
K...........*
" 1903............ .. . 80
s.ft.
" F " 1 9 0 4 .. .
............................................ luno *08 Dec. '14
" O " 1003................... 1.3 .0 .0 0 0 ...............................A p r. '08 Apr. '13
vo.uoo 5.a.
s.a.
- H " 1901.................... 1 , 3 6 0 ,0 0 0 ..................... . . . A p r ’08 Apr. Mfl
s.a.
Juno *08 J u n o ‘ 13
" l " 1908.................... ‘ 30,01)0................
)
s.a .
" J ” 1908.....................1.6I5.O O 0............................ Aug. '08 Aug. ’ 16
s.a .
" K " 1908................ ..1 ,4 4 0 .0 0 0 ........................ Apr. 13*08 Oct.'IO
" L " 1907....................2 .0 2 3 .0 0 0 ...............................(Illy 'O W a n . '171223,000 5.A.
••M" 1907................... 2.0 2 8 000 ....................... A u g. '0 8 -Feb. '17?
interrst paid semi annually a* Indicated bv maturity date; " A
and
Girard Trust C o ., P h lla .;’ 'C .’ *'*R'* and " F” at office o f Blair A C o.,
N . Y .; " D , " " ( i ” and " l l " nt Fidelity Trust C o., I'lilla.,* “ I , " *'J. **L.
and "M ** nt Blair A Co ; ' K** at Guaranty Trust Co.
FIN*ANCF.S.— Pennsylvania lnt*?rcsts, with Morgan Vanderbilt Interests,
owned a majority of r,he *tock.
V . 70. n. 75, 6»12; V. 7 2 , p. 450.
1906 the Pennsylvania sold It* $13,6 3 0 ,0 0 0 stock holding*. V. 83. p. 1410.
On Dec. 31 1904 th <3 N. Y . Cent. A Hurl. Rlv. owned 5 3 ,000.000 stock and
on June 30 1003 Clcv. Cln. Chic.
S t. Louis owned stock representing mi
outlay of $2,133 ,3 6 9 , but a considerable part, ll Is underxtood, has been
sold.
V 71. p. 31 )8 , 505; V 8 4 . p. 1487.
As to purchase of ouc-stxth Interest In majority Hooking V alley common
Stock. zcO that com pany.
V . 7 7 , p. 1223; V. 8 3 , p, 37, 9U3.
Th e stock interest in C .A O . SS. Co. was sold In 1003-06. Sec V . 8 3 , p. 003.
D A R N I N G S .rnos., f 1907 . .
OrosK, $12,83.3.938; net, $ 4,673,670
Julv 1 to Nov 30.
\ U )0 6 ..
. Gr«>**. 10,331.718; net. 3,991,471
A N N D A t. R K P O R T .— Fiscal year endn June 30.
Annual meeting Is held
at Richmond on the Tuesday preceding the Inst Tuesday In October, Re*
port for 1906-07 wax given In full In V . 8 6, p. 0 1 5 , 043. and showed tho
. 890
Following. See also editor' ‘
—
1006.
1005.
Year ending June 30—
1907.
1.827.
1.708
..
1.832
Miles operated................... ....
14,242.556
$3,894,143
. . 54.888.139
Passenger earnings________
19.395.643
16,030,313
. . 10.974 861
Freight
964,781
790.0 U
..
9.(3 861
..
$24.602.988 520,724,372
Totnl earning*.
..$ 2 5 ,7 0 6 861
13,430,302
13,334,804
. . 17.3'<4 730

51.000

33.000
80.000
30.000
15,000
80.000

2J.I..10 1

Other Income.

Rxtrnordlnary expenses.
Balance, surplus .

59,163,486
204.363

57,180.567
177,287

59,367,839
. . . $8,636,491
57.366.834
53,778.031
53,230,216
. . $6,610,938
1,334,496
...
1.347.6 35
1.217.170
(1
'*7.)
627,907
(1
%
) 6 2 7 ,0U4
,.(1% H V 27.907
...

$01.071

51.426.376

$201,230

.C a n lo
\

Mtitwt

T »lW«|r*

\

J la iu v M e

L » ...

i-^arvb'»Tvl
U lu l.
L b /l i

l.tUU Lm

L f iJ /r r

tJrau-1 Mark!«

D v W rj

|*|I,

I n la
t, A l i c e J a .
Jicm i-C T
1/-✓ <* n

M.nkc Q ?

Lcwljteiin
H\jn rntHH

(•AC'HC

a*) nd4,

MukadAtivli
Tel/oi^fu r j 5 ^ M » ^ ) 0 U y
✓ I J v u iJ

RAILW AY STOCKS AND BONDS

4

£ frl«j

i'ursj i bt

. .11..

'•

W r J l UCA
* ^ k T i.O « i| c f
M ia n iT k

ill

/

!S

o »i

.*cr
T H A N N IC .

T lle e k W )

Urltute

S]»MHWf

Tonj*ji*a» a LaX«
I h lb t U iii

AtffJwo

0 tW

" • /1

7*(tiD 4har

t 'u r U *

' u w .Ut *)T i ,
\

Y^airrstneelC

M riico

Irecfc*

aEjjHi

nUNTLCV

ttundlv

/

O rU tot

Hruioi

T oni i
T u r '. V f aHe

l> r*"^„,.,iT

lAberiviti

» .Chr)»oa-

Wllliuw*

V s m IWIDAN

il'J tc U ts ta ii
ltw U k T T

Merrill
KTau.

llu U U

L U n il

co o v f

Tlifctoa

K a u ri

Marsi.nl

G lu m e

I/o tr x t o n e

t ie

''Alwrliivn

F a lla

k io u

VS aritut I.*>

ar C u u c r

nwmfc

I fJ ^ e

H^.T SP R 5

Orti 'l liajj]
X / t n - U r r ' j Jc. '
<

V \ c . V . J e . *1

O :h h o iii '
A ■-■_• ; u ;

Cteswit'
3 ’ rs*VTa

f P l vbj S T k

K o n li a^uuJ'
Maufjr J e .

^ \ S c o t l a u j '‘
rS b - I J o u

iia u ln tT r

^oiiac

kobr<2.

«P 3

N.w.’j rural

AiimrorUT

t< C 7 N

S io u j

CUCRNSE

° v M raipcllcr

rrtf* S * a

f o i l s 1.

’ie n

A r o o cr

&nY^.
_ /~ /~ P r o l
”
^
Ar
c d o c m

7

,*h O *»*V .

y io w M if

Chamber! ah

J

V

F tlu b i

M au kj
C r ja u ]

e
limiicu/
eJ^KtySTONl

Durke**

/v f-e V ’*

.r W » uV

k-J- v S > : ,

J,

HAUfcifi*

alt

Bcrlwau
Ltgaa

^ivVl AJhchell

lor o r li R
7 ifuDu.r

pAClF'<

---- •—*

Orceu W»er

M c m e iie e /

lOfllDCCPORT

iilttcr Creek

Evaiidtua

_____C..loi».lo Jcj ^ > j
Hahn'* P w l A f

^ i 'j ***_

tav«»u*

tv ttj&ub/ \ kA

.- .O i l i u a i

Preru (J/,

Lyons |

JAN., u>08.]

L ot;n ic> n i'\
l i u u l i c - .'l

VVxvrllle
^ C ld 5^ -

£ rtM

ST. FRANC

CHICAGO.

BURLINGTON & QUINCY
RAILROAD.




A 0 ®1

V

Colbr
J>ituuo

^ a k lr i

Sheridin L»t»

• r .r * a '

)fc /\

__f s

A

i1■auiar
Vaa<liji»

Salim

‘'^Colorado S p r i.

Ptieblo

B rh n l*

UNIom

«CrMb<

.U h b ir ^

lh ;i•:!?'

.Jefferson ' Cy.

V L

^Nrwi.
0 .1/

*

X* 1«'A L I,.C arji; V

J C ilrp h -

La

|Voi„ r.xxxvi.

RAILWAY STOCKS AND BONDS.
RAILItOA DS,
For explanation of column headings, Ac., ace notes
on first page of tables.
Chesapeake & Ohio — (Concluded)
Paint Creek Branch 1st M 1750,000 icold____Cc.o"
Ktncon Goal mortgage assumed redeem beg Oct 1005
Grecall A New Rlv H R 1st M g ass'd (V 75, p 502)
Greenbrier R y 1st M 15,000,000 gold assu m ed .la.c"
Big Sandy Hy Sr*t mortgage 15.000.000 g o ld ..C o .e"
Potts Creek Branch Orst M (V 83, p 0 05 )................Cc
Gen oq and Imp’t M 110,000,000 g red 105 N xc*Ar
Collateral trust notes red 1 0 2 .............................. C cxc

Guaranteed Bonds.

Date Size, or
Amount
Par
of
of
Routt. Honda. Value. Outatandlng

M ite

D

1005

18
100

1801
1000
1004
1000
1007
1007

85

25

E levator Co first m ortgage gold p A I guar — Ce.c*
Second mortgage for 1500.000 Incom e non c u ..c *
L o A .felT Bdg 1st M $5,000,000 guar p A 1 e n d ..c *
N orfolk Term A Tratis 1st M (V 07 p 522) guar p A I
07
Coal River first mortgage $3,000,000 g o ld ........... ce
W estern Pocahontas Corporation 1st M (V 84, p 005)
do
do
do
Extn. No. 1
do
do
do
E xtn. N o. 2
R aleigh A Southw 1st M $1,500,000 g o ld ......... -.C o
C lie««peake Wet torn— C A W R R 1st M g o ld --------.N
Chesapeake Western Ry M $1,435,000 g o ld ------B.c*
Chesterfield A Lancaster— 1st M $750,000 g o ld ..K .c *
Chestnut Mill RR — Stock rental P A R R y . . -------- Chicago A Alton RR— Com m on stock . . . . . . . . . . . . .
, Preferred stock 4 % non-cum ulatlve.............................
, 4 % cum ulative part A prior lien s to c k --------- — .
880
i .Chic A Alton R R (old) ref M gold (sec text) . IC.O*Ar
043
First Ilea (old R y.) 51 subject to call at p a r..F .o & r
i •Collet, notes $ 3 .000.ooo . . . ___
. ..................
11 Joint equip notes ($0,500 due scml-ann) (V 70, p 47)
C A A Kq Ass n cts Scr A ,|I) AO, g gu$ 100,000 a a . 51c
do
do
Sor D . g g u .d u c $ i 13,ooom a.M e
I ,MtM R lv Or 1st M g a.sa'd s f drawn at 100......... c*
182
, Kansas City St Louis A C preferred stock guar — .
37
i Joliet A Chicago 7 % stock perpetual guar by O A A
101
HLouHlana A Missouri guaranteed preferred s t o c k .,
i "A dditional bonds Issued— sec toxt below.
a Gun ranteo

1001

$1,000
500 Ac
1,000
1,000

1,000

1,000

1.000 Ac
1 ,0 0 0

$525,000
200,000
330.000
1.980.000
4.771.000
800 .'*00
See text
5.000.

Bonds— P rinci­
IN T E R E ST OR D IV ID EN D S.
pal, When Due
When
Where Payable, and by
Stocks—Last
Payable.
Whom
Dividend.
%

Rate

4g
8
5
4
4
4

Z

g
g
g
g

5K

0006 g

A J P Morgan A C o, N Y
O Cent T r A S Dop. Cln, O
A J P Morgan A Co, N Y
do
do
do
do
do
do
d i
do
do
do

do
do
820.000
1,000
A A <>
1888
do
d(j
Oct 1
1,000
1888
450,500
do
lb)
1803
M A S
4 g
1,000 a4,500,000
do
do
500.000
1808
1,000
5
P A A
do
1003
do
M 0U.000
1,000
A D
4 Z
do
do
1003
750.000
A A
1.0 0 0
4H
do
114,000
1005
do
A A
1 ,000
m
do
do
A O
1005
4U
51,000
1,000
do
do
1005
A J
250.000
4 g
1,000
New York Trust Co, NY
■v
1805
505.000
3 g
500 Ac
See text
1001
A
1,000
1.410.000
4 g
Knickerbocker T r C o,N Y
1005
A
1,000
5 g
176(000
105.850
30
Q— M Treasurer's Office. Phiia
100 10,542.800
8 0 W all S t., New York
100 19,541,000 l In 1007 J A
do
do
4 In 1007,J A
100
do
ilo
3 g
A A
1800 1.000 Ac "37,350,000
do
do
1000 1.000 A0 22,000.000
3 Hi KJ A
5.000.
000
do
do
A
a
1007
j 18 A D Equitable Trust Co, N Y
4
1,000
1)5.000
Various M rrcautllc T r Co. N Y
1005
1,000 2.132.000 4 A3 g
I A n
do
do
I .00 0
1005
Ig
1,9 .'1,000
1,000
A A O 80 W all St. New Yorh
13.*..00
1877
do
do
1.730.000
100
do
do
7
1.500.000
100
S -?
P A A
7
do
do
320.000
too
d Jolut ly and sc verally wit h Clcvcl and Clncl nnatl Chicago A St Lo

ie

S'

Pcb
Oct
Aug
Nov
Juno
July
Aug
July

1
1
1
1
1
1
1
1

1945
1916
1942
1040
1044
1040
1017
1010

Oct 1 1038
Oct 1 1088
March 1 1045
Feb 1 1048
June 1 1916
Aug l 1043
Aug I 1045
Oct 1 15)48
July l 1036
AUg
1 1046
Oct 1 1051
AUg l 1055
Dec 4 1007 I K
Jnn 15 1008 2%
J it 15 1008 2 %
Oct 1 1040
July 1 1030
Jnn
I 1012
T o June 15 1012
T o Nov 1015
J'ne 'OK-J'ne '18
O ct 1 1912
Feb 1 1008 1 H
Jail
1008 l K
Feb 1 1008 3H
uls.

r*:_______
C H ESA PEA K E A OHIO R Y . (C oncluded).
O F F IC E R S .— Pres., George W . Stevens. R ichm ond, V a.; V lce-Pre*..
Decatur AJttell, R ichm ond. V a.: Trens.. C. E. P otts, R ichm ond, V a.; Sec.,
C. E. W ellford, R ichm ond. V a.: Comptroller. L. F. Sullivan. Richm ond. Va.
Directors — Decatur A xtcll, John P. Orcon, George W . Stevens, Samuel
R en. M. M cK. T w o m b'y . It. T . W ickham , Thom as P. Fowler, W alter G.
Onlcmnii and Martin Krdman. - ( V . 85, p. 2 2 0 , 283, UI82 )
C H E SA PEA K E WESTERN R Y .— Owns North R iver Gap. V a .. to
nrtdgewater. l t in.; leases for 00 years from May 1 1002 Chesapeake A
Western R R .. Bridgewater to E lkton. 27 m .l total. 41 m l>rojco(cil to tide­
water on Chesapeake C ay. and westerly Into West Virginia coal Helds, o f
which 11 m .. from Bridgewater to North River Gan. Is com pleted. Con­
trolled hy Chesapeake Western Co. V. 7 5 . n. 1353; V. 7 8 . p ■-•>83.
Stock authorized. $ 3 0 , 0 0 0 ,0 0 0 ; outstanding. $1,110,800, of which $ 8 0 8 .­
400 If preferred. Chea. A W est. H R . hua $533,300 com m on and $31,300
pref. stock outstanding. C. W . R y. m ortgage o f 1001. V. 73. p. 800, 1358.
Year cod ing June 30 11)07 (41 miles), gross, $70,850; net, $20,010; other
Income. $33,323; Interest on bonds, $56,700 (not p a id ): taxes and rentals.
$36,833: »ml., d ef,, 533,338. Pres.. Robert McM. Gillespie; Trens., w. rl
Hall. O ffice, 71 B7way. N Y .— (V . 78. p . 2383.)
CH ESTE RFIE LD A LANCASTER R R. Owns Ohcrnw. S. C . to Page
land. 38 m i»s. an extension of 18 m. ftoitl R uby towards Lancaster being
com pleted July HI07. Bonds (limited to $7*30,001)) are Issuable at $3,non
per mile
V*. 81. p 1790. There wen? June 30 1007 $57,000 debenture 6s
outstanding
s to c k , jrum .ooo: oa r $23, For 5 mo*. ending Nov, 30 1007.
gross. $27,931: n et. $;i ,452. Year muling June 30 1907, gross, $30,141;
not, $ in . Pis. Uit.. la tea. A c ,, $11,498; bdt., sur.. $7,070. P
.
II.
Page. ChCfAW, S C , Sec., A. O. Page, (V 81. p, 1790.)
CHESTNUT HILL R R .— Owns from Germantown to Chestnut Hill, P a,,
R e leased in 1806 to Phlla. A R ed.,
R y ., the rental being reduced from \2% to 8 % on stock, the latter being
Increased In Juno IU02 from $120,850 to $195.550.— (V . 73, p. 78.)

4 m .: being double-tracked May 1902.

CHICAGO A ALTON R R .—(See M ap.)— R O A D — Chicago to St. Louis,
Kansas City. A c ,. In all 070 miles, o f which about 210 double tracked.
Road owned—
M it e .
Road owned—
Miles.
Chicago to East St. I.ouls. 111....2 8 0 R oodhouse, 111., to Kansas City.
M o .................................................. 251
Springfield, ill., to Grove. I U .... 54
Bloom ington to W arm, via Jack
Bid red to H arriett........... — ------- 48
sonvllle Godfrey A Upper Alton
Goal C ity Line. I n d ........................ 25
(all In Ml)....................................... 158
D w ight. HI., to W ashington and
24
L aron. I ll.............................
80 Trackage to Peoria, III., A o . . .
M exico. M o.. to Cedar C ity. M o .. 30
T otal o f all owned and operated in system Ju ly l 1907 . . . . . . . ------..9 7 0
C ut-off between M exico. M o., and Old Monroe. 85 in ., built by Ohio. Burl.
A Quincy, opened Sept 1904, Is operated lolntlv. Cut-off from Sorlngihdd
la Mum iy.\ ill*-. III.. 31 mile*, was opened O ct. 15 1 9 0 7 . The stock o f the
Pcotht R y Terminal Co. Is owned by the Chicago A Alton and Cldc. It. I A
Par Ity.. which guarantee the first mtgn. bonds ($1,300,000 uUth. hum ).
V HI. p. tOOt). V. 83. p. 752. 1171. 1291; V. 84, p. 451) V . H.#», p , 159.1
O R G A N IZ A T IO N .—The (old) rnllwau com pany was organized In April
1900 aud purchased substantially all the stock o f the Chic. A A lton Railroad.
T h e tw o companies were consolidated In Mqh. 1006 Per
V ..8 2 , p, 451
the Railway issuing Its cum ulative 4 % participating and prior lien stock In
eich n n go (or the outstanding stocks o f tho Railroad, the Railway com pany
changing its name to the C. A A . Railroad as above. V . 82, p. 180. See V .
70. p . 886, 993.
S TO C K . The cum ulative 4 *1 participating and prior lien stock Is entl
Hod. In addition to prior right to accum ulative dividends at the rate o f 4 %
per a nnu m .to receive additional dividends equal to tho rate of dividends
declared on the com m on stock o f the consolidated com pany, In Aug. 1007
the T oledo Si. Lords A W estern purchased from the R ock Island the con ­
trolling Iniorc:'!. viz : B it. *20.004 com m on nml S M H 0 ,001) nroforri-d dtovk.
V . HI. p. *«a.
702. Thu Union IMclllc owns (10,343,100 pror. stool!,
nonulrrtl In 1004. V. HI, p. 14HH. Sec V. SO, p . 471. nnd V 7 S, p 4 7 ,
3 4 3 ; v . 70, |>. 141. 1341. 1481. 4204; V . HI, p. 1801; V. 83, p. 8 8 8 ; V. 84,
p. 1488: V . HO, p. 488.
D 1V IO B N D S —On ciref. o f old 0 0 ,. Jnn. 1001 to .Inn. 1 0 0 8 , in d .. 4 %
yearly (J. * J .). Semi annual dividend* on .p r o f, nnd nnrtlolpatln*
nnd prior lien stocks, 2 % each, paid Ju ly 1908 to Jan 1008, loci.
BON DS. - T h e first lien (old R y.) 3 H * o f 1000 a rc secured by a direct nrst
lien on S prlnglold to G rove, 34 in., ami a Men on tho remaining property
owned subject to the m ortgage scouring the refunding 3s o f l»0 9 and certain
obligations ami liens existing at tho consolidation In I nun, V. 7 0 , p. 894,
014. See application t o l l n l n full In V. 71, p. IU 3t.and plan, V .8 2 . p. 431.
T ho Railroad (old) mortgage scouring the 3 per cents of 1809 will provide
funds for Improvements and extensions, Bonds In excess o f $40,000,000
may bo Issued thereunder on vote o f two -thirds o f the stockholders for e x ­
tensions o f not over 309 mllct main track, at not exceeding 340,000 per mile,
to bind leased line rental obligations and for future betterm ents not to e x ­
ceed $5,009,000 at not over $1,000,000 per annum from Jan. I 1900. s«*o
circular V . 8U. p. 178; also V. 69. p. 28, 129, 541; V . 70, p. 429. 739. 003;
V. 81. p. 480. 507. 626. 803, 809.
Stockholders of R&urotid (old) Co. voted on Sent. 7 1004 to authorize the
Issue of refunding bonds In cxocm o f the $40,000,000 then sold and pledged,
vl*., $3,000,000 for betterm ents and $360,000 for purchase o f Quincy Car­
rollton A St. Louis R y. V. 79. p. 211. 967.
There arc $69,723 5?S Pullman Co. equipment note* duo May tft l o i o .
The $ 6 , 0 0 0 , 0 0 0 314 collateral notes wold Jnn, 1007 are secured by
deposit o f $8,000,000 rebinding 3s; o f thn Issue. $3,230,000 used to
retire the $3 000.000 notes due July 1007. V . 84. p. 157; V .7 7 ,p . 1748,
G runs, $5,397,888, n et. $1 .813.310
l a t e s t e a r n in g s .
1007.
6.328.801. n ot. 2,100.937
Gross,
f» im>8 . July 1 to Nov* 30. ; loon




A N N U A L R E P O R T .— For re a r ending Juno 30 1907. was In V . 85,p.807
1906.
1003.
Year ending June 30—
1007,
070
015
Miles ..........................................................
970
$12,809,426$11,388,094 $11,797,314
Gross earnings.................................
7,818.003
7,802,663
Operating expenses........ ....................
8,024.452
$3,757,191
$4,194,651
Net ea rnings_______________
$4,784,074
$3,707,353
Net I n c o m e ............................................. $4,785,868
Deduct—
$684,180
T a x e s .....................................................
$380,000
2 , 1 0 2 . 1 6 8 N o com pa rlinn rest on bonds, A c . .
1. . 18,283
211,024 son;ow lnir
Dividend on guaranteed stock s____
241,024
813,000 lo consolida­
Dividend on prior lien stock.......... (4 56)35.5721
tion Mob. ’DO.
Dividend on prof, stock.................MW781,760/
Balance, surplus............. ...............$1,010,229

$194,974

O F F IC E R S .— Chairman o f Board. Thom is H. llu b ln rd ; P it *.,. Then, P.
Shunts; V. l\ . Edwin Hawley; Chairman Executive Comm ittee, Thru.
P. Shoots. T ren s,, P. II. Davis: See. and Asst* Tn*«*..
Stcuart Mackle.
Directors.— iVorman H. Ream . S, M Felton, J. J. Mitchell, Edwin Haw­
ley, Thomas 11. Hubbard, Theodore P. Shonts. Geo. H. Rons, Joy Morton.
F. H. Davis. William G. Bealonnd II. E. H untington.— (V . 80, p. 167.
CHICAOO B UR LI NO TON A QUINCY RR.— l See Map.) — R O A D — Oper
af.ee a great system of roads extending from Chicago westerly, reaching St.
Paul and Minneapolis. Minn.. St. Louis and Kansas C ity, M o,, Om aha, N eb.,
Denver, C o l., Cheyenne. W y o., Black Hills, S. D .,a u d Billings, Mont. The
accom panying map shows clearly tho system vl/..:
Mites. I
M iles.
Lines east o f Missouri R iv er___4.334 Linen leased......................
215
Lines west o f Missouri R i v e r . . . 4,234 1Narrow-gauge l i n e s . . . . . . _____
72
T otal operated June 30 1 9 0 7 . . . . .................................................................8.575
T he Denver A Beaver Valley was Incorporated late In 1904 to build from
Oberltn. K an., to Uray. C olo.. 100 tn. V . 8 1 , p. 1847. Extension from Con­
trail a to Hctrlu. HI., 5 2 m ., was opened tn Meh. 1906. Extension under
ctiarter o f Big Horn Southern from Prntinle W y o .. southeast to Worland
0 1 m ., was com pleted July 1006, nnd from W orland to K irb y . 2o in.,
Sept 1997. The Sioux City A W citoru H y,, Mtoux City to O 'N eill, N eb .,
129 miles, W in acquired N ov 1 1907. V. 85, p. 1299.
O R G A N IZ A T IO N . A o .— This was a consolidation In July 1876 o f the
Chicago Burlington A Quincy In Illinois and the Burlington A Missouri R lv.
In Iowa. Chicago Burlington A Northern and other subsidiary lines In Illi­
nois were absorbed In May 1899. V . 68. p, 976. In 1990 purchased tho re­
maining Icaxed line* In Iowa and Missouri, viz.: K in s . C. St. Jos. A Ooun.
Binds. St. L. K. A N. W .. Chic. Burl. A K . C .. Han. A St. J o s,, Keokuk A
West, and Chic. Ft. Mad. A D m Moines. Burl. A Missouri. A c. V. 71. p
697. 863. 063; V. 73, p. 137. 899. The xlockhold'MM voted N ov. 6 1997
to 1n»*nro various subsidiary lines, tv*'* V. 83, p. 721: V . 86. p, 167.
Ill 1001 $197,611,600 o f the $110,839,190 stock wn.i exchanged for tho
Joint 2«)-year l % bonds o f the G t. Northern and Northern Pno . secured by
tho deposit o f the stock in trust, on the basis o f $200 In bonds Tor $100 stock.
See circular. V. 72, p. 871. and application to list. V. 73, p. 293, and de­
scription o f bonds under Gt. Northern.
The lease to the Ohio. Burl. A Quincy Railway for 00 years from O ct. 1901
at 7 % per annum on stock was abrogated J uly 1 1907. the co. resuming
operation. V. 7 3 . p. 842. l o l l , 1061,1207,1312; V. 81, p. 1030; V. a a,p.3o.
C A P IT A L S TO C K .— T he stock has been Increased for the acquisition o f
new lines, retirement o f over $15,000,000 convertible debentures, A c.; lo
1880 a 2 0 % distribution was made. Sco "O rganization' above.
n i V S J '9 4 . *95 to '97. '9 8 .’ 99 to Sept. 01. *02 to July '97. O ct.*07
1908.
P e r C V l 'i
-I yearly ft M
6 yearly
7 yetrly
B d )w
Jan .. 2
In O ct. 1997 a quarterly dividend o f 2 % and 6 % extra wore paid.
V. 85, p. 599.
B O N D S.— For full description o f each loan s*-« tho editorial article ou
pages 3 to 6 o f ' ’ Supplem ent" o f O ct. 1896 and "Chronicle V . 63. p. 775.
The mortgage of 1899 secures bonds limited to $85,009,000, and the
Hen securing the bonds became an absolute first m ortgage covering all
lines cast o f the MDdftsIppI River upon the paym ent o f
co n ­
solidated mortgage 4 % bonds on July l 1095. V. 70. p . 2454. See V . 68,
p. 771; abstract, V. 60. p. 283; V. 69, p. 795; V . 74. D- 1307; V . 73. p. 665;
V . 78, t>. 1391. 1961,2383. 2411; V . 7 0, p. 211: V. 89, p. 2620; V . 83.p .6 2 5
T he Iowa Division bonds are a ftrat mortgage on the main lino In low a
from Burlington to East Plattamouth on the Mo. R iver. 272 miles, and on
621 miles o f bmnehr* and 86 rn. o f second track. These bonds have *1 x.f. o f
I ^ % ($293,890) y ca rly .fo r which the 4a arc subject to call at 100 and the
5 s at 165.
The tingle main lino nnd branches covered shall not exceed
In tho aggregate 090 miles" at $ 1 6 , 0 0 0 per mile: on second track additional
$14,000 per mile. V. 6ft, p . 462.
Denver E it. bonds can bo Increased only for 2nd track nt $10 900 por mile.
The Nebraska extension bonds o f 1807 are
at $ 2 0 , 0 0 0 per mile f o r
single and $19,909 per mile for second Hack on nut exceeding 1,309 tnllcs.
On merger o f roads In N ov. 1007 the mtge became a direct Omt lion. A b­
stract o f deed V 45. p. 441; V. 85. p. 721.
Burlington A Missouri RR. in Nebraska consol, mortgage o f 1878 Is for
$14,990,990, and Is now a 1st M. or 1st collateral llcm all except the exempt
bonds are subject to rail for the sinking fund at par: $203,000 retired In
1906. The ’ 'e x e m p t" bonds m ay bo called after 1998.
The $4,230,509 K. O. 8 t. Joseph A Council Bluifa consol 7s were paid at
maturity Jao. 1 1907. V. 83, p. 1500.
A N N U A L R E P O R T .— Pineal year cuds June 30. Report for 1006-7 was
ill V 83, p. 1979, 1980 (nC*- also cdltoftal. p. 1934), showing results on all
lines operated and controlled.

Issued

Jan ., 11)08.]




RAILWAY STOCKS AND BONDS

38

|Vou r.xxxvt.

RAILWAY STOCKS AND BONDS.
RAILROADS.

For explanation of column headings,
on first pace of tables.

sec notes

Miles Date Size , or
Amount
of
of
Par
Road. Bonds. Value. Outstanding

Chicago Burl!melon A Quincy— S to c k ............. ...............
Illinois D»v Brat m ortgage! 585,000,000 currency rc 1,848 l8l)l)
do
do
1
dec enable at 1 0 5 .. NB
1800
Sink ng fund Iow a Dlv 5s (collat trust) drawn at 105
59) 1871)
Sinking fund m ortgage 4s drawn at 100 ............... cA r
1871)
Sinking fund 4s (So W I)Iv) drawn at 100____c*A r
1881
Denver extern (coll tr) bonds 8 f drawn at 100. . NB.c*
37(1 1881
Debentures for Hannibal A St Joseph s t o c k ___ c #
1883
Nebraska ext 520.000 p m (s f not drawn) . NB.c* A*r
1837
H & Mo HR In N ob! Land gr s f drawn at 1 00 «.N B '
/ 1878
Con M 514.000,000! E xem pt, not drawn tUl 1008.
11878
Hurl A Mo R B In Neb :i f for At A N R R s t o c k ..N il
1880
11* 1881
Hannibal A St Joseph cons M now 1st M ____P.c*
K C St Jos A C o—
1st Ms Nod A Tark Val RRa 8 t (drawn at par) .c*
50 1880
Rep Vnl 1st M guar (drawn at 100) s f 514,000 y r ly .c
00 1870
A tell A Neb 1st M Atch to Lincoln Neb A c g u a r. .c*
145 1878
Lincoln A N VV RR 1st M guar sink fund 1 % not dr'n
73 1880
Chicago Cincln A Louisville— C R A M 1st M g.-O B .C *
180 1000
Chicago A Cincinnati 1st M 5750,000 gold call text
50 1002
Cincln A Did W ' st M 5000,000 call t e x t ____OB.c*
M 1002
Ohio Cincln A Loulsv gen A ref M guar t c x t ..A ll.c *
204 1003
Iloosler equipm ent 1st M Series A guar p A l __ BB
1002
Equipm ent trusts 5300.000 part due yearly . . . . .
1003
Chicago A K III— Pref stock 0 % mm eu m (5 10,000 p m)
Danville A Grape Creek R R — 1st M assum ed____c*
0 1880
Extension first m ortgage.............................................. o“
14 188 l
Consolidated mortgage (for 58.000.000) g o ld ..C e .c
127 1884
Collateral trust bonds sinking fu n d ....... .................c*
1887
General consol and 1st M 530.000,000........... C c.c*Ar
817 1857
178 1883
Chic A Ind Coal— 1st M 525,000 p m a ssu m ed .Mp.c*
41) 1381
Evansville Terre Haute A Chicago Income mortgage
Refund A Imp M (text) gold red at 102 M — Ba.c* Ar
1005

i

IN T E R E ST OR D IV ID EN D S,
Rate

5100 5110830100 See text.
1.000 Ac in 5 0 .8 3 3 0 0 0
3*
1.000 Ac It3 1 lr.3 ooo
4
5
1.000 H2.288.000
•1
1,000 <7,280,000
1.000 <11,300,000
4
100 AC « 7 .008.000
l
1 ,0 0 0
0,000 000
5
1 .0 0 0 Ac f 24 303 000
0
000 Ac *8,481.800
000 Ac
3.000.
0000
4
1 ,0 0 0 03.317.000
8.000.
0000
1.000
1.000
800 Ac
100 Ac
i .ooo

1251.000
k l . 078,000
11.123.000

1 ,0 0 0

1 .8 0 4 .0 0 0

1 .0 0 0
1 ,0 0 0

2.70 0,000

100

180.000
8.830,700

pOOO.OOO

i ,0 0 0

730.000

000,000

1,000
1,000

2 3 0 .0 0 0

1,000
1,000
1,000

0 7 .0 0 0

01.000

1,0 0 0

2.788.000
42,000
111.735,000
4.020.000
130,000

1.000 AC

8 ,8 1 )7 .0 0 0

1 .0 0 0

1.000 Ac
1.000

7
0
7
7
5 g
3 g
5 K
4 ii g
5
3 g
I In 1U07
0
o
0 g
o g
5
3
0
4 g

When

Where Payable, and by
Whom.

Q -J
A
A
A
A
A
A
A
A
A
A
A
A

N Y , Boston and Chicago
Bank o f C om , N V A lion
do
do
do
do
do
dO
do
do
do
do
10
do
do
tl..
Bank o f Commerce, Dost
do
do
do
do
Dank o f Nor Amerlca,N Y

Payable.

A
Second Nat Bank. Boat
A
Hank o f Cornmerco, Dost
A
do
do
A
Com pany's OlTIco, Boston
A
Old Colony T r C o, Boston
A
Old Colony Tr Co, Boston
A
Old Colony Tr Co, Boston
A
Ainer Loan A T r C o, Host
A
Boston S Dcp A T r. Boat
A
Arncr Loan A Tr C o, Host
Hanover Nat Bank. N Y
Q -J
A N Central Trust Co, N Y
Fourth Nat Bank. N Y
A
Central Trust Co. N Y
A
A
do
do
do
do
A
Metropolitan T r C o. N Y
Farmers L A T r C o, N Y
Bankers' Trust Co, N Y

Bonds— Princi­
pal. When Due.
Stocks—Last
Dividend.
Ian
July
July
Oct
Oct
Sept
Feb
May
May
July
July
Jan
Mar

2 1008, :
1 1040
I 1040
1 1010
1 1010

1 1021
1 1022

1
1
1
1
1
1

1013
1027
1018
1018
1010
1011

Juno 1 1 0 2 0
July 1 1010
Mar 1 1008
Jan 1 1010
Oet 1 1030
Feb 1 1052
June 1 1032
July 1 1053
July 1008 1012
T o June 1013
Jan 2 1 0 0 8 ,1 H
May 1 1 0 2 0
Dec 1 1031
Oct l 1034
Feb 1 1012
N ov 1 1037
Jan 1 1030
May 1 1020
July 1 1053

b 5712.000, and c 5 5,213,000 canceled not Included, d 5
8 3 ,0 0 0 : e 53.821 ,100: f 5 M3 000 (Ins Inking fu ml uncanceled) Included:
K 57.387,200.
T h e sink, funds held alive July 1007 o f bonds above: h 52, 222,00 0; i 515, ooo; J 577,0 00; k 530 2.400; i» 551.000; m 5384,000;
5100,000.

Miles operated June 3 U ..» .
Freight
- . ----------Passenger............................
Mali and m is ce lla n e o u s ....

1998-07.
1905-00.
9.131
8.927
838.518,889 531,188,339
. 18,088,973
16.409.104
. 7.289.580
8,560,228

Gross earnings.............................
Expenses and taxes___. . . . . .

574.148.871 $65,073,043
. 01.743.787 53,508,332 44,190,332

N e t ..............
Other Incom e.

.520,729,484 $20,038,139 521.872.713
_
413,202
410.682
302,202

190405,
8.879
1ft.898.243
8,210,909

.,2 1 .1 7 2 ,7 :# $21,048,821 522.174.915
8.308.391
. 8,017,519
8.370.137
B a la n c e ..........................................

.513,153,207 $12,742,430 *13,HO I ,77#
. 58,009.040 58,608.968 *6,A0A,D!0
,
225,834
225,890
223.1)43

Surplus.......................................... ........ 54.320.333 53.01)7,572 54.080,025
D IR E C T O R S — Geo. H. Harris (P res.), John J. Mitchell. Chicago, HI.;
Charles K* Perkins o f Burlington, la .; J. J. Hill, St. Paul. Minn.; James N
Hill. Geo. C. Clark, W . P. Clough. John F. Talm agc. Norman B. Ream ,
Geo. F. Baker and S\muel T h om e. New Y o r k ,' (V- 80, p. 107.)
CHICAGO CINCINNATI A LOU ISVILLE R R .—(See Map.)— Owns Cin­
cinnati to Louisville. J et.. In d ., 285 inllex; trackage Louisville Jet. to Chi­
cago, 111 , la mile*; total 283 miles. A consolidation June 4 1003; V .76,
p. 1247.
Iu M/»rch 1007 n settlement with the Gin. Ham. A Dayton Interest* was
reached under whleh the 53.500.000 Pero Marquette collateral trust bonds
secured b y the O. C. A I., stock were cnueelcd, the stock being returned to
the old holders, a debt o f nlxiut 5a0o.00n being canceled and the O. C. A.L
rceelvtng *400.000 In receivers' certiorates o f the Perc Marquette. V. 81,
p. 307. 003. The management o f this property was surrendered Jnn. 1 1000
to the form er owner*.
Stork outstanding. $1,208,000; par o f shares. 5100.
T he Cln Richmond A Munrte 1st 3s. Chicago A Cincinnati and Cln. A
Ind. West issues arc all sublcct to call nt 110 after 10 years from their
Issue, the Cln. Rich. A Munclc after O ct. 1010. See Official Htatement. V.
71. p. 1 0 8 8 ; V. 71. n. lti)3 . Of the gen. and ref H** o f lflo:i ( American
Loan A Trust Co. o f Boston and Union Trust Co o f Indianapolis, trustees)
sufficient aro reserved to retire all prior Issues, Including equipment morts.;
bal. for extensions. Improvements A c. V. 77. p 340. 1532; V. 80 p. 040.
O ffice, Chicago, 111.— (V . 84. p. 210, 507. 003. 1 1 8 1 .)
CHICAQO A EASTERN ILLIN OIS R R .—See Maps, pages 11®, 1 !7 ,—
Operates rood (double traek to Danville Jet. 108 lit.) rrom Chicago, 111., to
Terre Haute. I m l., and bituminous coal Helds: also to Thebes amt Joppa. Ill
Lines wened If) fee.
Miles. Branches to Coal Mines . . . . . . ; 1 3
Dolton to Danville, III....................107 Rossvlllc Jet. to Judyvllle, Ind. . 14
Danville. III. to Brazil, In d . .
81 Hunt’ s E xtension............................. 7
Trackage. «%c.
M om cnce J et., III., to Brazil, In d .130
Danville Jet.. 111., to Thebes. 111.277 Pana, 111,, to E. St. Loulti................ 8 5
Jopna Jet. to Joppa. Ill . . ......... 18 Chicago to Dolton. Oh, A W . Ind. 17
Clssna Jet. to Clssna Park. I ll. . . . 11 Otter Creek Jet. to Terre Haute . rt
R ow vllle Jet. to Sldell J et., H I.. . 34 Other lines......................................... a2
Percy Jet to La Crosse Ind . . . . 48
Milford Jet. III., to Freeland I m l. u
T otal operated July 1907............037
Coni Bluff. In d ., to Casey, Ind. . .
7 Double tra ck.....................................173
W oodland, 111., to Villa G rove. . . 8 2 Side t r a c k s ........................................ 4 9 3
Findley. III., to Pann ................. 2 0
H IS T O R Y , LEASES A c .— In August 1002 the St. L. A San Fran, ac­
quired the greater part of the stock , ns said below
T he Chicago A East. III. owns $1,000,000 stock of Olllc. A Western Ind
Special lease o f Chicago freight terminals. V. 78. p. 810
In 1004 03 moqulred control of the Evansville A Terre Haute, whleh forms part of the
through line between Chicago and Evansville. V .55. p 003: V'.Hl n. 1230
111 April 1003 the bridge of Hie Southern 111. A Missouri Bridge Co, (which
aoe) was opened across the Mississippi R iver, forming with St. Louis A San
Francisco R R . n line to Texas points. V . 71. p. 1210; V. 74, p. 038.
S T O C K .— Comm on stock outstanding. 5 7 .217,son (513.000 p. m .); prof.,
58,830,700. In addition. $8,408,300 com . and $181,300 prof, were held In
trust by Trust Co. nt America in July 1007 as a part o* "tru st asset*" undci
agreement dated July 1 1003, for Improvements, acquisitions or refunding,
to be terminated on (vitlafnctlon o f the St. L. A S. V. Htoek trust agreement*
below referred fn. V. S3, .p 1001.
lo A ug. 1002 the St. Louis A San Francisco R R . gave In exchange for the
com m on and preferred stock Its stock trust certificates at the rate of t l »i
thereof for each 5 lo o share. V. 73, p. 280. In January 1903 all of the
57,217 800 com m on and $8,211,700 of the 58,00?,000 preferred had been
exchanged on this bash. The St. L ouh A San Fran, has the option to re­
tire the trust certificate* at any time at 5250 per SI00 com m on slock trust
certiorate and siftt) per 5100 pref. stock trust certiorate, nnvable |M void
and obligate* Itself to pay oil entire Issue In 10 years from O et, I 1002 at
same rule*, meanwhile obligating Itself to pay 10% dividends on the coni
m ou amt 8
on the preferred trust certificates. respectively, these amounts
being equivalent to t
on the principal sum to lie eventually received In
paym ent therefor. Upon failure to pay any dividend Within 30 days after
demand therefor, any holder may surrender the certificates to the trustee
and receive the shares represented thereby*. V. 75. o. 289, 31)3, 1031;
V . 82. n 4*
A m tlorltv of com m on stock trust certiorate* were In luOft
exchanged for certificates in denomination* <»f 5 1 non earn repre entlug i
ahares o f com m on stock, bearing 4 % Interoxt, ami payable In 1912 at face
s alue.
e fo ..i v • !, t> 188®
i)lV 4M % > ‘ 92-’07. ’ 1)8. *90. do. '01. '02. '03. 'o l . *05. ‘DO. *07.
190.8.
On prof 18 yrly. 8 8 8 8 8
8
8
8 8 0
J an ,, l
-------- S*c below
Comm on . /
0
2 M .H* 4 Hi fit* 8
8
H
No later dividend* on com m on stock declared (although paid ami charged
against earnings o f (heal yenrst, because nil exchanged for St. L. A S. I*
trust certificate*. 3 % being paid out o f earnings of year 1004-03, 3":, extra




Tram accum ulated earning* o f three years ending Juno 30 1903. 8 % from
earnings o f 1905 00 and to % from earnings o f 1008 07. V. 80, p. 231)8;
V 82. p, I 101.
BO N D S.— The general consol. and 1 st mortgage o f 1887 (trustee. Central
Trust Co.) provides for the retirement o f 58 307,000 prior bonds and for
Issue of bonds on new road at $18,000 per mIJo for single track, aiso for bonds
for equipment at 57 000 per mile ami for double track at 58.000 per mllo.
bond) paid o ff Dee. 1 1007 ami $130,000 Indiana Block C oil bonds. V. 84,
11. 153(1,
See V. 04, p. 1088; V. 78. p. I 146; V. 79, p. 1331; V. 80, p. 1723;
V. 84. p. 1350: V. 8ft. p. 1845. S c r ld B equipment bond*) mature $57,000
oneh Juno and Dec. and 538 , 0 0 0 each March end S ept.; Series (), 553,000
semi annually, J J .j Series D, llft.u o o . J J ; Series E. 5 125,o oo each Feb.
and Aug.; Series r . 5220,000 each Feb. and Aug.
The refunding and Improvement gold Is o f 1003 (553.000.000 authorized
Issue) Issued ami Issuable as follows:
Sold for Improvement* ami to reimburse the com pany for Its In­
vestment In the Thebes Bridge (see Southern Illinois A Mis­
souri Bridge C o.. V . 8ft p . 1424) and In certain stocks and
bond* o f other com panic* (see V. 81, p. 1 1 3 8 ) ............................ $8,000,000
Issuable as required for addition* and Improvements- Including
equipment
......................................................................
14,374.000
Reserved *o retire. 5 Tor 5, 530 0 0 0 .ooo yen. consol, and 1 st 5s of
*37,Issued and Iseuabir,and $4,828,000 (
Coal R y .6 s 34.828,000
G E N E R A L FIN AN CES.— This com pany own* most of the capital stock
of the Brazil fltoek Coal Co . and carries all its coal
It carries also the coal
of the Danville Clinton and Williamson County fields. See V a s, p. 431,
A N N U A L R E P O R T . The report for 1908-07 was 111 V, 83, p . 1001.
Rate per ton per mile was 0.4® cents In 1908-07.
year ending June 30 1907
1906.
1005.
1904.
7 68
Miles operated June 30 . .
957
947
1)47
Gross earnings........... ..
8.6 tl 4.0 4 2
5 1 1 , 3 3 7 .71 l
$9,038,502 $8,423,378
Opor. exp . an<l taxes. . . 7.312,,309
5.691,9.13
6.831.289
6.019,850
Net earnings -------- . - 53,823 ,105
Net (Inc!, nth. Ineorm ) . $4.11 »,,631
Interest p a id .----------- - - 2.081,,898
Rentals
—
.
-::02,,786
Dlv. on prof. *tk. (0%)t .
3 3 9 , 842
Dlv. on eoin stock.
(10)721,,780
Conxtr'n depree n, A c

59.077.273
33,393,692
7.981 .698
362.786
029.812
(3*377.U 'l

52.403.528
52,551.608
1,300,468
264.764
409.842
(ft) 369,890

52,072,109
$3,327,051
1.356,778
223.655
409.842
(6)377.421
490.121

$357,831
Surplus . .
5418 ,540
537.692 def.58n.266
O F F IC E R S .— Pres., H. I, Miller, Chicago; 1st V ice-Pros.. R obert Mfttlier,
New York: See., J ,,s . Ford, Chicago* New York o Ik e , 115 Broadway.
(V . 84, p. 1 181. 13(53. 1550; V. 83. p. 1001. 1401. 1481. 1813.)
CM 1CA n o A ERIE R R .—{See Map Erie R /M — Owns from Marlon O .,
to Hamm ond. Ind 21U miles, ami leases trackage over Chicago A West Ind.
to Chicago, 2ft miles. Erie H R . Co. own* entire 5100 ooo stock.
B O N D S — The f\rst mortgage (trustee* Central Trust Co. and Edward
Daniels) covers 249 miles o f road, the contract with the Chicago A Western
Indiana. 51 .Ooo ooo o f that com pany's stock, ami 524ft 000 flo ck o f Chicago
Belt My, .sen abstracts V. 5 1 p . n i l . V. 81, p 730
CHICAGO GREAT W ESTERN R Y . (See Map)—HOA l).— Operates the
"M a p le Leaf" route, radiating from Oulweln, la ., northerly to St. Paul,
easterly to Chicago and southerly and westerly to KunsaN City and Omaha,
em bracing:
Operated under agreement.
Attlee
/.R iri owned (total. 737 miles) .Mites
Chicago to St. r a n t ..........................102 Mason City A Fort Dodge,
383 mile*, viz :
Oelwcln to St. J osep h .....................280
Oelweln. la , to Coun'l B l'fs. 2 8 0
Beo Creek to B everly......................... 23
Mayfield. Minn., to C larion.la. 100
Sumner to W averly*____
Branches to
Lehigh and
DftK alb. Cedar Fall*.
A c.,
branches...........................
...
Coalville, Io w a ........... ........
18
Trackage right* Connell UlUfTx
Trackage, <*r. ((oral. 83 miles) —
to south Om aha......... . . .
7
St. Paul to Minneapolis.....................10
Chicago Term inal*........................... m Wl*. M inn.A P ae.H R . .271 mile*
Mankato to Red W in g ............
98
Dubuque to Aiken ........................ | I
Red Wine to O*ago. .............. 118
Dru Moines T e rm in a l* .................. 3
Winona to S i m p s o n . . . . . . . .
34
Beverly to Kan.su* C ity.....................37
Branch to Clay B anks...........
3
St. Joseph to lice Creek.................. 9
Grand total owned, leased and operated under co n tra ct.................. 1.496
• Deduct Sumner to W avrrly. la ., leased Jan. 1 1904 to W aterloo
A C. 1\ R. T R y ..............................................................................................
22
T otal operated
........
..............
..
1,474
H IST O R Y -The Chicago St.. Paul A Kansas CRy wa* organized In May
and In December 1«87 merged with Minnesota A Northwestern. In
August 1892 reorganized per plan. V. 33, p. 838.
On S cot. 7 1893 the (Treat Western acquired by deed the title o f tho
Chicago St. Paul A Kansas City R y. (813,87 miles). In June 1 0 0 2 tho old
mortgage* were satisfied o f record; V. 71, n. 728, As to 7-year contracts
made In 1002 with packing com panies, ace V . 73, p, 341.
R E C E IV E R S H IP . On Jan. n 1998 A, B Ntlekiicv and C. II. p , Smith
o f Sr, p.tul were appointed receivers, there being 610,033.414 notes and
bills payable outstanding. It. Is proposed to reorganize the co m p in y , pro­
viding both for maturing notes and future capital requirement* l»y making
n mortgage for, perhaps, $20,000,000 or 825,900.000. V. h8, p. 107.
S E C U R IT IE S .— The holder*Of debentures and preferred A Htoek appoint
the nnanre com m ittee, which exercise* general •upervhlon o f finance*.
A d d i t i o n a l v:c>n 111*-* of -.ltd IMUOS ' 1' I" 1*•11 '»'H . l. ;t o n l y with t onsrul
o f a m ajority o f both laid ola*fte* o f stock prcient At n meeting. Seeurltloa
Of other Issues having a lien prior to preferred A can be created, but only
with consent o f two thirds or both classes. Tho several classes In cane o f
liquidation will have principal paid In gold, according to their priority right
to dividend*
At extraordinary general meeting* o f holder* o f debenture
1888.




40

RAILWAY STOCKS AND BONDS
RAILROADS.

For explanation of column hea/linos, A c ., see notes
on first puoe of tables.
Chicago A E III (Concluded)
Car trusts Including int .Inn '08 due 910,021 monthly
Equipment bonds Series B due q u a rterly .. .
c d,° ,, .S cr,cs G * r) due <68,000 seml-an
do Series E due $ 12ft,000 a n (V 81 p l0 4 3 ).B a
d o Series P due <220.000 s-a (V 82 p 7 6 0 ). IU
Chicago A Erl a— 1st M gold Int guar till prln pald.Ce.c*
Incom e bonds for <10.000.00u 5 % non-curn........... N
Terminal first m o rtg a g e g o ld ............. ............................
Chicago A Ora nil Trunk— See Grand Trunk West R y

Miles Dale Site, or
Amount
Par
of
of
Road. Ronds. Value. Outstanding

240
240

1003
1908
1003
1005
1006
1800
1800
1888

[ Voi.. LXXIVI.

IN TICHDS I OJ2 D IV ID EN D S,
When
When Payable , and bu
Payable
Whom.

Rate
%

<606,0)4
3
62 1,000
M A S
032,000
J A J
us
1,873,000
1 14 IT F A A
3.520,000
4.14 K F A A
12.000.000
M A N
nc
10.000,000 Mostly 0 wueil by
300.000
J A J
8 g

1,000
1 ,0 0 0

1,000
1.000
1,000
1.000 Ac

l'lrst Nut Bank. Clileaeo
Blair A Co, New York
do
do
do
do
do
do
Eric R R , New York
Erie R R
Eric R R . New York

Bonds— Print*pat. When Due.
Stocks— t.ast
Dividend.

T o April 5 1 0 1 3
T o Sopt 11)10
T o Jnn 1 11) 1 ,
A.is 'on -A u g ’ 1 3
Aug 'Olf-Peb '1 «
Aug 1 1082
1)01 1 1082
July lo t s

C h i c a g o G re a t W e s t e r n —

Debenture stock cum ulative gold <30,000,000 ____
Preferred stock A <15.000,000 5 % g o ld ....................
Preferred stock 11 4 % (<24.000.000 a uthorized)____
Com m on stock <50,000.000................................... .........
Sterling 3-year notes (no mortgage) redeem at 101. .
1003
Gold notes redeemable at 101........................................
1004
Gold notes <2.500.000 authorized red at 1 0 1 ..cA r
1004
Gold notes <1.000.000........................................................
1006
Gold notes (<50.727 due 1910)........................................
Chicago A tlrcat Western— See Chicago Term Trans It R
Chicago Hammond & Western— Seo Indiana Harbor Belt R R
Chicago A III Mid— 1st M <5,000.000 g red t e x t -.I C .c *
26 1006
Chicago & III W— 1st M to bo called and pd July 1 /08
1006
G< ticral mure <4 ,0 0 0 , 0 0 0 scold redeem at pa r.A C .xo
1007
Chicago & Indiana Coal— See Chicago A Eastern 111
203 1000
Chic IndfitSo— ind III A la 1st M <12.000,000 g -IC o»
1006
Consol M. <20.000,0000 g o ld ........................................
Chicago Indianapolis A Louisville— Com m on Stock .
Preferred
nun-cum ulative <5,000.000..................
280 1880
L N A & C 1st Main Lino— N A to Michigan C lt y ..o *
162 1881
1st M Chlo A Ind D lv, Chicago to Ind g o ld ------ o*
500 1807
C 1 A L refunding m ortgage <10,300.000 g old ____Ce
600 1807
do
gold 0s Issued for old consols— . . . . .
Con S tone Co 1st M gold guar pAI red te x t- - .........
1000
Indiana Stone R R first m ortgage guaranteed............
60 1006
(ndlanap A LouUv 1st M <6.000,000 gold g u ..S e *
Chicago Indianapolis & St Louis Short Lino— See Cte velnnd Clncln

100 28,127.089
4 *
100 11,336.900 See text
100 23,103.842 1 None \
100 44.465.195 ( paid /
3.342.345
Various
Various
1,689,334
5
5,000
2.499.697
5 1
Various
9.*9 ,273
3g
80,069
8
1.000
l .000
1,0 oo
1 .0 0 0

100
100
1.000
1 ,0 0 0

1,000
1.000
1,000
1.000
null Chit:

stock and preferred A stock collectively holders o f one-tenth of said stocks
outstanding, present or represented, constitute a quorum, and by a m ajority
vote have power to sanction any m odification o f the rights o f said stocks.
For rights o f stock sec editorial In " S u p p ." for O ct. 1807; see also V . 71 ,p.4*l 1
In 1808 the authorized Issue o f 4 % debenture stock was Increased from
<13,000,000 to <30,000,000, for future refunding and Im provem ents.V . 66,
. 133, 663. 1088. In March 1007 <2,000 ,0 0 0 o f the remaining <3,873,000
Obenturc stock was subscribed at £16 per <100 share, payable £2 on a ppli­
cation. £2 on April 1. £12 July I, V . HI. p. 7 15. 748, 1217. '1 he Interest
paym ent on the debenture stock due Jan. 15 1008 was deferred
V . 85,
p. 1317.
In N ov. 1302 <6.500,000 com m on stock was Issued to purchase part o f
stock o f the Mason City A Ft. Dodge HU. and part o f stock o f WIs. Minn. A
Pacific R R ., 271 miles. Vr. 75, p. 1201.
The stockholders voted S ept. 7 1905 to authorize an Increase In the pre­
ferred B stock from <10.000.000 to <24,000.UU0. the rn w stock being e x ­
changed, dollar for dollar, for Mason C ity A F t. Dodge preferred stock.
V. 80 p. 2457 2620; V. 82, p. 1370.
T he gold notes are a direct obligation ahead ot the debenture stock. No
lien can be placed on property without providing for their paym ent.
V . 70. p. 0 0 2 . Equipm ent lease warrants June 30 1007, <437,026.
D IV ID E N D S .— On pref. " A " paid Jan. 1809, 2 ^ ; In July 1699 2%; In
1000 to Feb, 1004, 5 % yearly. In 1006, 5 % (A A O ); In 1007, A p r., 2 % ;
O ct., none declared. V. 85, p. 721.
F IN A N C E S.— <3,873,000 new deb. stock Offered Mch. 1007. sec above,
Both the Mason City A Ft. D odge R R . and the W isconsin Minnesota A
Pacific R R . are operated for 100 years under agreements dated April 1
1001. the Chic. Gt. W est, receiving their entire net earnings above Interest
on bonds and owning their entire stocks. By later agreement the Mason
City A Ft. Dodge receives 60 % on business Interchanged, any surplus above
Interest to be held for paym ent of future coupons. See separate statements
for CAcD Co. V. 73. p .3 6 6 . 122 : V .7 4 , p.OJ; V .7 3. p. 1201: V .80. p.1011.
D A R N IN G S .- 3 m os., ,1007
..........Gross, <3,716,611; net, <711.171
J uly 1 to NOV. 30.
1 00 6 .. .
.OrOM, 1.044.651; not, 1.336.286
Earnings since Jan. 1004 arc based on 8 1 8 miles o f road proper, only the
net earnings o f the proprietary lines over bond Interest being Included.
R E P O R T .— R eport for 1006.07. V . 85. |i. 917, 102.
Year ends no June 2d—
10o7.
1006.
1003.
Him.
Average miles----------- . . .
818
His
818
874
Gross earnings...................< 0 ,1 3 0 ,0 8 7 <8.373,148 <7,377,711
<8.022,674
Net Incom e....................... 2.330.270
2,330.403
2.038.618
1.002.632
Rental* (Inch equipment)
430.142
426,031
433.516
431,368
Interest p a id ....................
430.127
372,237
368.726
283.623
Int.In cash on 4 'o deb.stk. 1,044,084
1.044,078
1,044,076
1.044.076
Dlv. on pref. stock " A " (2 11)283.422 (3)368,620
.
. . ( 2 M) 284,310

S

780,000
300.000
S ol * t e x t

5 g
8 g
6 g

4.850,000
4 g
10,000.000
4 it
10.500,000 3 In 1907
3.000.000 1 III 1907
3.000,000
6
2 300.000
6 g
5.000.000
5 g
4.700.000
6 g
6 g
46,000
In treasury.
3 g
1 .son .tiuo
IU!o ft St Lo uts.

J A J
A A O
Serai-an

R . Benson A Co. txmd on. England

Seml-an
Seml-an
F A A llalr A Co. Now York
Seml-an R Benson A C o, London

July 15 1907 2 %
Apr
1 *07 t f i
Various
Various
Aug 1
Various

1908
1909
luoo
1911

V *

A Chase Nat Bk.N Y; or Ch Feb 1 1936
J Amer Trust A Sav Hk.Oh July 1 1045
J
do
do
July 1 1047

J
J
J
J
J

J
J
D
I)
J
A
J
J
N
S
J

J
J

A
A

A
A
A
A
A
V A
J A
J A
M A
M A
J
A

Treas, Grand Cent Stat'n
do
do
J P Morgan A Co. N V
do
do
do
do
do
do
do
do
do
do
Arairr T r A S«iv BU. Chlo
New York
Standard Trui»t C o . N Y

July
Jan
Dec
Dec
July
AUg
July
July
May
Sept
Jan

* 1950
1 1036
30 ’07 l W
30 '07 2 %
1 1910
1 1911
1 1947
1 1947
l 1920
1 1948
1 1936

CHICAGO IN D IANAPO LIS A LOUISVILLE R Y . Operates th «
Monon Route” from Chicago. III., via Monon. Im i., to Imllanapoll*. Ind.and Louisville, K y ., with branches. The system Includes:
Lines oumrd—
Afiles.
Oper. under contract—
Miles.
Indiana State Line to IndlanChicago to Indiana State L i n e .. . 20
ar a p olls.............................................. 162 New Albany to Louisville........... .
6
New Albany to Michigan C i t y . . .289 Connection in Indianapolis_____ _
2
Bedford to Swltz C ity ........... ..
4 0 Clear Creek to Harrodsb’g , I n d ..
•
Orleans to French Lick S p rin g s .. 18 Swltz City to west or L inton..... 10
Br. to Swltz City (coal o n ly )____34
Indiana S tone H R .....................
0
T otal o f aU June 3 0 1907 .............
............... ............... ............... . .
<aq
A lease for 909 years with Chicago A Western Indiana (o f whose stock this
com pany owns <1,000.000) gives entrance to Chicago on a mileage basil.
Owns one third Interest In K entucky A Indiana Bridge at Loulsvlllo. Ky.
Owns entire stock o f Indianapolis A I»oulsvlllc H R ., projected from at or
near ludhtuanolls to Evansville, A c., o f which 54 rnlle-s, from Wallace Jet.,
In d .. to Shirley Hill, was opened O ct. I 1907. Dividends o f 4*?;. arc guarantecd under 00-yenr lease and bonds guaranteed, prln A Int. See
'•Bonds below. V. 82. p. 509; V . 83. p. 888. 121)0; V. 85, p. 920.
H IS T O R Y .— Successor July 1 1897 o f Louisville New Albany A Chicago,
foreclosed per plan In V. 63. p. 922. Suit settled. V . 75. p. 1031.
.
I®02
Louisville A Nashville and Southern R y. acquired 93 %
of f l 0 ,<00,00p com m on and 77 % ot $3,000,000 preferred stock, on the basts
of <78 and <90 per <100 share respectively In their Joint 30-ycar 4 % collateral
trust gold bonds at par. secured b y the stock Acquired. See deeorlptlon of
bonds under Louisville A Nashville. V . 74. p. 1 0 8 8 , 1138; V . 75. p. 2 8 .
D IV ID E N D S .— On pref., 1890, 1 % ; Oct. 1900 to Dec, 1907, both Inclu­
sive. i % per annum. On com m on. 1002, l %; 1 0 0 3 , 3 v r% ; iu o 4 , June.

1 Ji

Dec . 1 i4

; 1900 to K07. 3 % yearly <J. A l).>

b o n d s .—Refunding mortgage covers road, equipment, Ae, (Including
<1.000.000 «took of Ch. A W . Ind. and <240.000 »• >ck o f the nelt R y . of
Chicago); total authorized Issue Is <15,000,000. o f which unUsucil balance I*
reserved to take up e xln ln g divisional bonds at m aturity. T he Consolidated
Stone bonds were subject to catl Jan. 1 1907. V. 71, p. 42.
Indianapolis A Louisville guaranteed bonds, o f which $1,500,000 sold In
l eb, 1900 for 6 0 miles o f road, balance Issuable at <30.000 per mile. See
above. V. 82. p. 308: V. 8 .1 , p. 1 2 0 0 .
E A R N IN G S . — 5 m « s .,;i 0 0 7 ................Gross. <2.546.379; not, <739.697
July 1 to N ov. 30.
U 1I0 6 , ........... Gross. 2 , 6 1 1 , 1 1 1 ; net. 9S4.H9p
A N N U A L R E P O R T .— In V . 85. p. 787. showed:
Year ending June 30— 1006-07.
1905 96.
1904-03.
1003-04.
G row earning®.................... <5,988,867 <5 ,9 2 1 , 0 0 2
<3.614.903 <5.300,623
Net earnings...................... 1,825.416
1,983.063
1.079.710
1.834,454

Dividends. A c., received.

233.189

240,475

160.435

257.031

B a la n c e ......................sur.<130,604 sur <120.706sur.3l01,4 0 0 dcf.<141.047
<2,141.483
O F F IC E R S .— Pres., A . B.StlcU ncy: Vlce Pres., A. Opponhelm; See., R . » Total net Incom e..........<2.068.604 <2.232.538 $2,140,143
<772.100
<772.100
Interest on b onds.............. <7 7 2 . ion
<772,100
0 . W ight: T ress.. R . O. Barnard; all o f St. Paul.
Rentals,
A
c
........................
291.478
262,801
253,094
230,023
Directors— A. B. Stlokncy, A . Oppcnticlm . 3 . C. Stlckiicy, F. Weyerhaniser. J. W Lusk, C. O. Kalman. I*. II. W heeler. II. K. Fletcher, R, C.
<1.034.001
<1,026,194 <1.022.123
T o t a l ...............................<1,(163,678
W ight.
V. Y. o.flpe, 31 Nassau St.- (V 83. p, 1002, 1028, 1517’ V. 80
Surplus for dividends____ <093,026 <1,197,637
<1,11 1.948 <1.119.362
p. 107. 167.)
v id e " " on
- p r e-f.,4- %
- ...
Dividend
2 0 0 .0 0 0
2 0 0 .0 0 0
200,000
2 0 0 ,0 0 0
Dividend on com m on ____(3)313,000 (3)315.000 (2 40288,730 (2)4)262.300
CHICAGO A ILLINOIS M ID L AN D R Y . -Owns Auburn. Ill,, to Taylorvtlle. 26 miles, of which 17 miles was opened June 1007. s to c k authorised,
O F F IC E R S ,— Pres., W . H . M cDoel, Chicago; Vice-PM® . Morton F.
< 2 .0 0 0 ,0 0 0 ; outstanding, <| ,0 0 0 , 0 0 0 (par o f shares <100), a m ajority being P lant, New York: Trens., Byron Cassell. 198 Custom House Place, Chicago;
owned by Illinois Midland Coal Interests. The bonds are subject to enil Gen. Mgr., II. E, T aylor. Chicago; See.. J. A. Milton, Hu B roadway, N Y .
on terms to be fixed for the several ivnies: the <780.000 bonds loaned on
Director*.— Thos. W .J o v c e , A . II. dlllnrd. A . T . French. Chns. Steele.
the first 2 6 miles may be called at liu on A ug. I 1910 or any subsequent
It. M Gallaway. Tem ple R owdoln. Morton F. P lant, New York; W . H.
Interest day. 3ec V. 8 2 . p. 132. 803
(V . 8 2 . p. 8 0 ,1.)
M cDoel, l«cwl* W . Parker, E. C. Field, Chicago; J.M iirdock, L afayctlo, ind.
— (V . 83, p. 686, 888. 1347; V. 84, p. 101; V. 85, p. 722, 787. 920.)
CHICAOO A ILLINOIS WESTERN R R .— T o extend from Western A v o..
Chicago, southwesterly to Joliet. 111., with branches a total o f 34 mllcn, of
CHICAGO JOLIET A KANSAS CITY R R .— Projected from Chicago, via
which 17 t lies In operation.
Extension proposed Gary to Joliet. V. 83, Joliet to Kansas C ity. Mo., about 300 miles, with bran ch 's to Kclthsburg,
11, m i .
Stock, 3 1 ,‘>0 o,ono a* increased Aug. IH0 7 ; par, 4 1 0 0 . O f the gen. M o., etc. Promoted by Doles* A Shepherd* o f Chicago, who are Intcrratod
6 i o f 1007 (<4.000 .0 0 0 noth, issue). of which <1,000,000 to be Issued at pres
In the Chicago A liluini* W estern, ana an Eastern syndicate, Stockholder*
ent; part Is reserved to retire the <500.000 first 3s on July 1 loon
v . so
voted O ct. 13 1906 to Increase the authorized stock from <1,000.000
p. 107.
Pres., W . K. Phillips O ffice, 184 La Salle St., Chicago. 111. to < I2.ooo.on o, o f which <2 , 0 0 0 , 0 0 0 preferred, ami make a bond Isiuo
(V . 83. p. 491; V. 85, p. 404; V. 80. p. 107.)
Of <12,000,000. — (V . 83, p. 370. 401, 060.)
CHICAGO IN DIANA A EASTERN R Y .-O w n sC on v erse, In d,, to Munole.
13 miles. In May 1907 the Pennsylvania Co. acquired all the securities,
the road being operated (IS part o f the Pitts. Cln. Chlo. A St. Louis. V. Hi.
p 1181,03 1. Y e rr ending JUlie 3 0 1006 (reo. t e n o n ). g r o ^ . <11*.899; net,
<8.390; <1*due,. <39.073; FiAl.. d e f., $31.083.— (V , HI, p. 1181.)
CHICAGO IN DIANA A SOUTHERN R R .—(See Maps N . Y. Cent. A
Hud. Rip. HU.)— Owns from South Bend, fuel., to SeatonvUlc. III., 1 0 2 jjj,

CHICAOO JUNCTION R R. -T o bo an elevated toad. 3.75 miles o f track
(to be com pleted Feb. 1908), extending from Junction with South Side
Elevated lilt, nt 40th St, to the Stoek Yards. Leased 10 South Shlc Kiev,
for 30 year® (with right to purchase at nasi within 2 0 year®) a t a rental
covering bond Intcreil and all expenses. Capital stock. <30,000. Bonds
are guaranteed, prln. and Int.. by Chicago .1 unction it HI ways A Union
Stock Yard® C o.; they are subject to call at 105 after I»I0 . Form o f guar.
a n ty . v . R2. p. & « . — (V . 83, p. 7 9 2 .)

(former ind. ill, a Iowa R R .); Danville, HI., to Indiana Harbor. Ind.,
100 in.; branches It m. (former Ind. Harbor R R .); trackage 28 ni.* total
CHICAGO JUNCTION R A IL W A Y . -O w n s Inner line wfUllft Ihn Chicago
310 miles,
Union Stoek Yards district. 11. hi miles, side tracks and Industrial tracks,
A consolidation A pr.’Ofl o f the Ind. 111.A Iowa, Ind. liar. R R . and Dnn
118.68 miles.
villa A Ind. Mar. R R , V . 8 2 , p 8 0 3 .8 6 7 . Stock <20,000.000. o f which <5,­
In June 1 9 0 7 the Vanderbilt (N ew York Central) Interests arranged to
000.000 Is 4 ,’J cum . pref., the Lake Shore A Mich. Southern subscribing for acquire the outer belt line, assuming the <2,600,000 outnluridlng homls.
117,000,000 anil the Mich. Cent, for <3 , 0 0 0 .0 0 0 .
leaving property free o f Men®. V- 83, p. 169, 702.
BONDS. O f the <12,000,000 Indiana III A lown Is o f 1901. <7.300,000
EARN IN G S.— For year ending Dec. 31 1006 (76 mlb's first track), gross.
were Iwuabtc only for now property and improvem ents; o f these <3 5 0 . 0 0 0
<2.770.299; net, including other Income. <1,017,301: clmnrex. <320,839;
were Issued In I9u2. V 71. p. 1269; V'. 72. p. 87, 722; V 71. p, 1231. dividends (6?;,). <1.12,onii; surplus, <01.111 —( V . 83. p 7U2.J
Jointly with four other roads covenant;* to pay the N. Y. Central ||n> <
($30,000,000) .v\. equip, b u s t of 1007. V 80. p. I lu t ; V an, p. res.
CHICAGO K A L A .U A 2 0 0 A SAGIN AW RV. O w n s 35 in . Pavilion to
W m idbury, Mich. Acquired In Deo. 11106 by Mlnh. Cent. (Now York O n
EARN ING S. For 10 months ending Oct 31 1907, gro^s. <2,601,180* in tral
system ). Imi will be operated independently. V 8 4 . p. 3 0 , Stock,
1906, <1,893,836.
'
com .. $ 2 ,0 0 0 ,0 0 9 ; p r o f. <I30,0(M); outstam llm :. <450 ,u00 each: par of
R E P O R T .— Report for year ending Deo. 31 1006, In V. 84, p, an*
share- < 1 0 0 . Thn 1st m ort. I* for <22A,oOfi to Unlnn 'Trust Co. o f nrtroR
•bowed: Gro»<, <2,332,732; net, <180,921; other Income. <3 2.249; charges as truster; bonds all In trea'-.ury: current account* Dee. 31 1006, <47,292
and taxes, <234.869; b«L . sur.. #238,304.— (V . 84, p. 1401.)
In 1906, grofi®. <133.781; net, <33,262; Int. and taxes. <13.874; dividends.
<27,000. Pres., It. II. LvdyaMl. Dutn.lt: T o in. and S. ey *.V J. Kenfcy.
CHICAGO IN D IA N A PO LIS A EVAN SVILLE R R .— V. 84, p, 1350.
Kalamazoo, M id i.— V. 61. p 1063; V. HI. p . 60.)




VAO*
Feuiouton,

Bwift Current 2/ ^

Oknan^iii

pacI

Moccc Ji»'

Minnedoaa

Broadview

i'xsqua

Rapid O'

llrttuno
Lake /

tilnutilon

Arrov
Litkr

North Ikiul

(^yCra,,br*x>ktf- i

Ft.Walsh.

Sutuaa

cXAiiflvj

Curlew
Rr|iUbllC d

kWtckcrylmm

Kcnma£

iNorth Fork

Ituekifirt
"ohl a ’
on •

Ctoa^Hiull

DX^ingXon
Crirto

PuTuwn

)

pbpdl

"

&

Njnn*fU^

iledttX
V

JPoiiiero^-

A /^D ayton

ibt°

Pendleton*

ton

n Xyei.Hood r

*)

U nion

!WlStOl

X

Sites

WkU&la Jc.
h t /w a U * W alla

Yncolt

°

E X La, Grundo

Virginia CUM

GLENHA
GVARTS

Beaver Canon

Alpha

E u g e n e jc ll

G e tty ato in cli

inle.
Y E L L O V /S T O N L y

Mitchell o
'Wiser

Camp Crook

OJ> ^
Red Lodpe

.Red Hock

Custer a

Galena
/

V.X
N ATIO N AL

Canyon City

TOwderylli*
Arid

Baker City

Alrliec

_

[bluca

o Eljrln

Sjlnnubar
Dallas i

Ashley

’ iTl;
'■"'F JJ“ ■■■!!,

v

MUdaho

Heppner

[Albany

„KurU

'''ConbelL

\Ka Iajiuv^ tit.XdamB

a\

»»AC.
Cterrluffton'

NO*.

Neibart

*75**°

Mt.St.H*kn»y Toppetiish

i l C o l u j

Tuj H.*L«ke

ilendr

LcwUtown

M IU V A W ^

e ’fcYaki.nafc

RItodOS

Stanton,

un»
.iv*bur« R(UvlUv/£f

2JLYMPI*
IVnlno
iCbehalls

1

iL*n*d!
Minot'

j » vjQjhooteau

• Orest rxlh

Bliellun

•onr l\
lllsboro

riunlirliM

"hOH. pacT^3

L X tac o-Mj
Centralla\

°

Flathead
Lake

C<cur

-

G!o*0>w
WjiJL»ton
QWtAt
luJUrrt^ou

Mclboui neo

•'•U.vlIU* S E A T T L I

m uo

t»AG-

CAN.

KunatMus

r
fit

Sheridan*

?
/

> . ~'

'

--■

[«•**!

--------/fyvtoiestone Lake

Camas

^

ForeM CltyJc- '^ \ k t o o

P\~

wjrliuitl ^ f

A n telo p e

Kjvejvldc
EmUsr 0

Harney o

Hailey

"SE CITY

Idaho Fall*.

Maokf001

iRoscburgh*




/

Pocatello

iHORT

Summer Lake.

0

iA-77

JR l« Tlney**

•M cC auim oi

-CHICAGO, MILWAUKEE
& ST. PAUL RAILWAY.
PA CIFIC

COAST

EX TEN SIO N

Rawlins

.P G re e n H ire r

Isa«

[Evanston

.1

MAP OF TI1E

/r
r

C h ic a g o . M i l w a u k e e
S t . P a u l R a ilw a y .

42

RAILWAY STOCKS AND RONDS.
R AItJlO A DS.

For explanalton of column headings, A c ., see notes
on first page of tables.
Chicago Junction RR— lnt M $2,327,000 gold red 10.3c*
Chic Milw A ilnry— III 1 A M 1st M t5.DOO.OOOK redlcc
Chicago Milwaukee ac St Paul— Com stock (see text)
Preferred stock 7 % yearly, not cu m . $ 1 2 4 ,6 3 4 ,4 0 0 ..
1 A D Extcn 1st M convertible Into preferred. F.c*
S W Dlv first mortgage Western Union R R .............o*
Southern Minnesota Division first m ortgage. --F .c *
Mineral Point Division first mortgage............... F.c*
Host A Dak Dlv Ext first mortgage $999,000 6s) F.c*
Lacrosse A Dav Division first m ortgag e,.
..F .0 *
W ise Val HR Co 1st M Tom ah to Merrill. W ls . . C
W I kc Vnl Dlv 1st M sink fd not drawn-------NR.c*
Dub Dlv 1st M sinking fund not drawn. . .N U .c*
Chic A Pac Dlv 1st M (Chic to K lttredge)-------- F.c*
do Western Dlv 1st M (see text) g o l d . . .- P . c *
Chicago A Lake Superior Dlv 1st M gold-------F.c*
W ise A Minn Dlv first mortgage g old ...................... F
Fargo A Southern first mortgage gold assu m e d ..
Ohio Mllw A St P Terminal mortgage gold . . .F .c*
Dakota A Great Southern first mortgage gold. . . .F
Chicago A Missouri River Dlv. first mortgage, .l-.c *
General M (for $130,099,000) gold Scries A . U ,c* Ar
do
do
Series A registered......................
do
do
Series It ...................................... c*
do
do
Series B registered......................
Milwaukee A Northern 1st M Sclnvarz to Gr B ay. .c*
Consolidated m o rtg a g e ...................................... ......... c*
Chicago a M. W — Con) stk * !7 7 .0 0 4 .8 R n a ilt n .......... rr
Preferred stock (not cumulative) see t e a t................. Tr
Chic A N W con sink fd M ($12,900,099) not d r. F.c*
Cedar Rapids A Missouri River— 1st M 3d D l v ..
Mortgage of 1884 Cedar Rapids lo Ucs Moines Rlv
Madlnon Kxten 1st M g (s f $2.3,900 not drawn). .1Menominee Extcn 1st M g (s f $ 2 0 ,ooo not dr‘ n>.F
Northw Union 1st M gold 3111 to frond-du-Lao.-F

Miles Date S ite, or
A mount
Par
of
of
Road. Hands. Value. Outstanding
123
335
212
419
133
395
185
107
161
351
120
1.1 17
Ort
239
119
159
77
5,722
3,722
5,722
6.722
120
.362
4.273
4 273
788
130
122
129
114
62

1905
11)04
1878
1879
1880
1880
1880
1379
1879
1880
1880
1880
1881
1881
1881
1883
1884
1886
188ft
1889
1899
1839
1899
1880
1884
1863
1866
1881
187!
1571
1872

IN T E R E S T OR D IV ID E N D S .
Rate
%

a-j
a—j

_ • Including June 1007 * 7 .0 2 8 .0 0 0 of 3 ! f s and *1 3 0 . 000 of 4s It* i reasury and not ILs ted (sec
A lso In sink, fund July, 11107: b *172.300 : c * 1 3 0 . 300; J $135,0 00.

f

Chicago A Pacific western Division. see Supplement of Jan. inni.

Terminal 5 % hands of 1881 cover terminal property of several hundred
acres in Chicago and Milwaukee.
The arnrr.il mortgage of i880 (see abstract III V . 18 p. 830) Is for S10M,
000,1)00 to the United States Trust Co. of New York, as trustee, and covers
the entire railway property and franchises of the coirnmny (therein dc
scribed) subject to prior liens as below mentioned. The prior lien bonds can
not he extended, bur will be paid Olf at maturity.
On June 35 1307 the following amounts o f general mortgage bonds had
been Issued or were reserved for tho purpose Indicated, viz.;
$32.701,000
Am ount In the hands of the p u b l i c .............. .............. ...................
In treasury of the company (unsold) »co b e l o w ............ ..
7 ,1 8 7 .ooo
Total reported bv the company as outstanding........................
$30,078,000
Reserved for prior liens ..............
. . ...........................................
82,073 500
Available or eventually to become available for Improve­
m ents. there being Included In this amount the bonds oriel27,048,500
natty reserved for prior liens, which have ulnco been
converted Into preferred and common stock
Total authorized ........................................ ..
$130.o6o,oou
G E N E R A L F IN A N C E S . A o .— Capitalization per mile of road June no
1007; stock, $ 18,503 ; bonds, $17,307 ; Inf. chAige, $820! average rap)tallration of entire system from Chicago to the Pacific coast to bo about $3*,<)0Q
a mile
V 83. p. 1338,
As to Pacific extension, ace ••Rlatory * above.




When
Pat/able.

M A s
11,000 J2,2*i 8,000
4 g
M A
1,000
S
2,820,000
5 g
100 8 3 . *07,101) 7 In 1997 A A o
7
A A o
100 49,022.390
A
1,000
7
J
297.000
J
A J
1.000
4.090.000
6
J
6
1 ,000
7.432.000
.1
J A
5
A
1.090
2.840.990
J
J
A
0.079,000 5 A 7 J
J
1.090
2,500,000
5
A
1,000
J
J
500
1,106.300
A
7
J
-i
2.002.009
6
A
J
1.000
J
6
1.000
5.300.990
J
.1 A
A
3 .ODD.DUD
6
J
.1
1.000
3 g
.1
1.000 25.340.000
,1 A
1.300,000
A
6 g
J
.1
1.000
A
1,900
4.735.090
J
5 g
J
.1
i.ooo
1.250,000
.1 A
6 g
1,000
4,748,000
J
.1 A
5 g
2.850.000
A
1,000
.1
5 g
J
3
A
1.000
J
J
3.003.000
A
1,0001 n24.000.000 f
.1
4 g
J
1.000 f
1,
4 g
A
J
l.UOOl a 15,978,000 {
.B i ll J
1,000 (
l
3M g
2.155.000
0
A 1)
1,000
J
1.000 n4.903.000
A D
J
6
J
100 9 9 ,e 15,800 7 In 1997 J
A
100 22.395,1 u 8 In 1907
j —j
1.009 12.832,000
7
O— F
500 AC
2,332,000
M A N
7
769,000
7
.1 A l>
300 Ac 82,977.509
7 g
O
A A
300 AC c 2 ,516.590
A I)
7 g
J
500 Ac €13.363 999
M A
s
^ it

C H IC A dO M IL W A U K E E A (IA R Y R Y . -(S ee M ap on page 75.) —
If merger proposed In 1007 be consummated, will operate Rockford. III., to
M omencc. 12o miles, o f which Aurora to Joliet. 24 miles. Is Biffin Joliet A
Eastern trackage; extensions projected from Rockford. 111., to Milwaukee.
W ls ., via Beloit and Janesville. 103 miles; also from a connection at Peo
tone. ill., to G ary. in d .. 35 miles. Owns entire stock and bonds of Rookford licit B y .
V , 81. p, 1175.
Proposed consolidation of the Illinois Iowa A Minn. With the Milwaukee
Rockford & Eastern and the Illinois Indiana A Gary.
V . 84, p 508, 1307.
Stock. 53.000.000. all outstanding} pur of shares. 5U»o.
B O N U S of ill. Iowa & Minn, arc subject to call at 107 and Ini. nnftRtos.
notice; o f the 55.000.000 bonds authorized. $4,000,000 was Issuable at not
exceeding $30,000 per mile of main track when completed In 10*mile lec­
tio ns. The remaining $1,000,000 Is Issuable (ft! on vote of not less than
tw o thirds of the stock for acquisitions o f completed connecting lines, the
bonds to be a first lien thereon at not cxccedlmr $30,000 per mile, or (b) at
not exceeding $200,000 yearly for additional lumls, buildings, sldo tracks,
second tracks, terminals, Improvements and rolling stock, but only when
the portion of the road for which they are acquired Is In operation, v . 78.
i. Soon: V . 70. p. 103.
Pres.. l i . w . Seam an, "T h o R o o k e ry / Chicago.
II.— (V . 81. p. 0 96, 1307.)
C HICAU O M IL W A U K E E A ST. P A U L R V .— (See M a p of Extra.don.) Operates from Chicago westerly to St. Paul. Minneapolis and Lake Superior,
Om aha. N eb., and Kansas C ity. -\lo.. With lines tr a v e lin g Illinois. Iowa.
Missouri, Michigan. W isconsin. Minnesota and the Dakotas, viz.;
Road —
Mites. I Road —
M iles.
Lines owned (of which 28 miles
Second and third tracks................... 8 3 !
owned Jointly).............................7 .1 8 7 1Trackage (Including 2d track). . .280
H IS T O R Y , A c .— The Milwaukee A St. Paul R ll. Co. was organized May
fi 1803 and on Fab II 1874 took Its present name. Th e system has Mnec
been greatly extended by the construction and acquisition of other line*.
The vale of the Milwaukee A Northern to the St. Paul was ratified In Sept.
1803
The White River Valley U R ., with $30,000 000 authorized stock.
In July 1007 completed Its Hue from Chamberlain. S .D ., the present western
termini}'. of the s t . Paul, to Rapid City. 210 miles. V . 8 0 . p. 1110: V . 81,
p. 8 40. 1402; V . 83, p 082; V 83, p. 220.
The Pacino extension from western terminus at GJenhnm, 8 . D .. to Seattle
and Tacom a. 1 .3 8 0 miles, i* expected to be completed by Meh. loot). See
V . 8 4 , p. 211); also V. 81, p. IfiOP, 1004; V. 83, p. 04. 080, 1401); V . 83. p 108.
702
T h e line Is expected to be completed to Butte, 721 miles. In the spring
of 1 U0 8 , of which 235 completed O ct. 1007.
In May 1006 the Moutana H R .,
Ixmitmrd to Lewiston, M ont.. 157 miles, and branch, « miles, was acquired,
ana will form part of the Pacific Coast extension.
V. 82, p. 1211
C A P IT A L S T O C K — The preferred stock tuts a prior right over the com ­
mon stock to a dividend of not over 7 % from net earnings In each year, but
ir not earned It has no cumulative right.
After payment of 7 % on preferred
ami 7 % on com m on, both classes share pro rata.
'Pile ‘i ithorl/cd eornmoM stock was Increased III 1002 from $38,183 ,000 to
$83,183 ,000 and In Oet. 1006 to $138,183,000.
V . 83. p. 800 .
The preferred stock on Dec. 31 1873 was $12,274 ,483 ; It was Increased
to $40,747,100 almost entirely by exchange of convertible bonds for stock,
on y about SO.aoO.ouo having been Issued for other purposes (Improve
merits. Ao.)
In Oct. looO the authorized amount was Increased by
$73,000,001} to $ 12-1,65 1,-100. V . 83, p. 800 .
In July 1007 only $*00,000
bonds exchangeable for preferred stock remained outstanding.
In Aug. loon stockholder- were offered the right lo «u04crlbo to $26,
000,000 common stock at par, Increasing the amount ouixlnmllmr to
$82.1)11.300.
V. 8 3 . p. 371* 8110.
In Dec. 11)06 stockholder* Were offered
the right to subscribe pro rata for $ 66,328 ,500 preferred and $33,164,300
common stock at par. o f which 1 0 % payable Dec. 31 (or In ease of non
resident holders Jar*. 10 1007), 1 5 % June 1 ami 1 0 % Dee. 2 1111)7, 1 0 % Feb.
3, 2 0 % Juno 1 and 2 0 % Dec, 1 iu0$, remaining 1 3 % Meh. 1 loop. The
proceeds will provide for the estimated cost of S7.y o o o .ouo for the Pacific
Coast extension, about 1.400 miles .and 300 miles o f branches, and $ 25,ooo,ooo for contingencies, further branches and equipment. This will Increase
the amounts outstanding to about $116.(100,000 each of preferred and com
mon stock. The new stork may be Issued on payment o f the Onnl Install
merit or at such time* and In such amount** ns the director! may determine
V . 8 3 . p. 1523; V . 8 4 , n. 30, 101; V . 8 3 . i>. 0 8 , 1338.
Dividends since ’PI) ’ 02. *03. *04. *P5. ’ 06. W O O . '01. *02-'06.
1007.
On common, % .
2
1 4
2
4
5 y 'ly .
6
7 y 'ly .
7
On preferred. %J
7
7
7
7
7
7 y 'ly .
7
7 y jy .
7
B O N D S.
Abstracts of some of the older mortgages were published In the
••Chronicle.** V 4a p. 8 5 . Il l i n 2 1 2 and V. 48. p 830.

( VOL. IAXXVI

te x t).

Where Fuyuble, and bg
Whom.
N W Harris A Co. Chic
New- York nr Chicago
N Y Oftlee 42 Broadway
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Lee Hlgglnson. Boston
Office, 42 Broadway
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Co*8 office, III B’way N Y
do
no
do
do
do
do
do
do
do
do
do
do
do
do
n $ 1,080,000 aililltlonal

Bonds— Princi­
pal. When Due.
Stocks— Last
Dividend.
Mar 1
Mar l
O of. 3
O ct. 3
July 1
.1uly 1
Jan 1
July 1
Jan 1
July 1
Jan
1
July 1
July 1
Jan 1
Jan
1
July 1
July 1
Jan 1
July 1
Jan 1
Jidy 1
May 1
May l
May 1
May 1
June 1
June 1
Jau 2
Jan 2
Fell 1
May 1
June 1
April 1
June 1
June 1

19-15
1944
*07 3 H
•97 3 K
1008
1909
1010
1010
1910
1910
1900
1920
1020
1010
1921
1921
1921
1924
1014
1916
1926
1980
1089
1980
1089
1910
1913
1908 3 H
1908 2 %
1015
1016
1000
1011
1911
1017

In treasury.

In 1906 the Union Pacific system (Oregon Short Line) acquired $3,600,000
stock and subscribed for $2,707,300 new stork.
V . 84. p. 572.
In Aug. 1006 stockholders were offered the right to subscribe to $ 2 5 .­
000,000 common stock and In Dec. 1006 to $ 66,828 ,000 preferred and $33.
101,300 common stock at par. with Installments pay ah o to March 1909.
See ST O C K above.
Average freight train load In 1000-07 was 2«u tour.; rate per ton per mile,
0 .836c.; in in i.vnii. train load 282 tons; rate per ton per ml|o, 0,662c,
E A R N IN G S — Fnr I month* ending Oct. 31 1907. gross, $21,766,102*
against $21,266,746 In 19(i6.
A N N U A L R E P O R T .— Fiscal year ends June 3 0 .
Annual meeting Is
..eld In Sept.
Report for 1000 07 was given In V . 8 5 , p. 632; ed it., p. 631.
1005 06.
1904-05.
1996-07.
6.905
6.061
.
7 .04u
$11.12.1.543
$10,126 ,058
.$ 1 2 ,1 0 2 ,1 9 6
40.187.710
35.968.947
Freight earnings ................................... . 4 4 ,1 1 3,059
4 ,1 )1 ,7 0 8
4,331,290
3.786,200
Mall, express, A o ,, earnings— . . .
$49,884,114
$3,336,626
5.181 .5 8 6
18,280.457
1,632,333

*04*6.868
1,250,..40

$33,423 ,053
$3,955,432
6,508.016
19.699,381
1.730.729
1 .ft 11.738
71*.331
1,236,654

Total expenses___ . . . . . .
Net earnings ____ . . . . . . . .
Other Income............. - ...........

..5 1 1 686,507
.$ 1 8 ,8 6 2 ,0 4 8
..
1.068,7.36

$36,444,331
$18,978,722
258,330

$32 1204.040
$17,500,073
230,798

Total net I n c o m e . . . . . . .

. .$10,9 3 0 ,7 8 4
. . $ 3 .9 )2 ,1 4 9
..
498,831

$10,237,081
$ 5,913,850
2,040,467

$17,820,871
$5,0 6 2 ,0 4 5

New e q u ip m en t.___________
Balance for d iv id e n d s ...
Dividend on com m on. 7 % .
Dividend on preferred, 7 %

..$ 1 3 ,4 8 0 ,8 1 3
. . $5,810,598
.
3 ,485,503

$10,782,761
$4,072,872
3.472.868

$1 1.858,826
$1,072,873
3.433,878

Total e a r n i n g * . . . . . . . . . ----------- $60,54$ ,55 t
Maintenance of w a y ____________ _ . $3 830.868
8,5 >0,757
Maintenance cars and engines------Transportation, gen. expenses, Ac 22.782.468
.
2,286,007
Taxes ................................ *—
Additions to property.

.....

..

610,960
1.243.070

. . $4,103,712
$3,237,025
$4,3 5 2 ,0 7 6
O F F IC E R S .— Chairman. Roswell Miller. 42 Broadway, New York; Pres.,
Albert .1 Furling, Chicago- Trails., F O . K anney. Chicago: Gen. M gr., W . J.
Underwood; S e c., E. W . Adam s. Milwaukee.
Directors— Roswell Miller. New York: A . J. Barling. Chicago: Frederick
Lavton L. .1. Petit . Milwaukee* J. Ogden Armour. Chicago. Frank S. Bond,
William Rockefeller P*»ter Decides. John A Stewart Percy A . Rockefeller,
W alter P. Bliss. Charles W . IlftiUncss, Henry M, Rogers. Now Y ork.
\cw York office, 42 Broadway. -(V . 85, p. 792, 8 6 3 , 1338
CHICAGO A NORTH W ESTE RN R V .— {See M ap.) -Operates an Im ­
portant system of roads uniting Chicago. 111 , with O m aha. N e b ., St. Paul
Minn . with the great wheat licit* of Dakota. Nebraska, A c ., and with the
mining regions of Michigan ami the Block IIIII.1 , Including—
Road owned tn fee —
A/Re*. I
>\filet.
..................... 7.3 8 2 Sundry trackage.......................... ,
38
Main lines. Ao
Roll re 1 lock owned —
Total July 1 1997 .................... 7.623
Princeton A Western
2d track
........................
811
Manitowoc Green Bay A N. >V .
l arge interest me nett —
11• at)
j
•: 123
Chicago St. Puul Minneapolis A
St. Paul Eastern Grand Trunk
Omaha . . . . . . ......................
1,7 1 1
(leased) ................. • • • •
*
Dc Puc I And A East, (leased).
H IS T O R Y . A c .— A Vanderbilt line (V . 76, p 1086) organized In 1869
in July 1884 the capital stock of the Fremont Klkhoru A Missouri Valley
wfl’i acquired, and In Feb 1003 the road was absorbed.
It* securities, e x ­
cept those held by ChlC* A N. W .. arc In tabic above.
V . 7ft p. 5 14. 316.
On June no m o l purchased Sioux City A Pacino U R .
V 7 2 . p. 7 21. 1236;
V. 7 3 . o. 4I4J V . 75. l». 416
In 1900 03 v/ulow* proprietary roads were purchased.
V . 71 p. 2 9 1 .2 0 4 ;
V . 7 3 . p. 294, lo to ; V. 73, p. §46; V . 81. n. 840.
In (Deal year 1906 07.
480 miles were completed and In July 1007 34 miles wen’ under construo
lion, mostly completed In I0U7.
V . HQ, p. flso, 2 7 0 .
C A P IT A L S T O C K .— O f the common stock, » !,3 3 4 .8 8 7 . anil o f Die pre­
ferred * 3 .4 3 3 remained In nnnpnny's treasury.In July 1 11417 I'rcf. stock h a s*
prior right to T % : then common 7 % ; then preferred .1 % ; then common 3 54:
then both classes share.
In IPU.l the authorized eoinmnn stue*U was Inerensed from i ll m h .iiIA tn *77,40| ,U4S. and lo ( i n tuon to SI77.1(1,,300
(making the entire stork *2ui),uuo,i)<)o), Stockholder 1 In Fell 1007 snh
scribed for 114.401 .000 common stock at par, raising th- amount outstand­
ing to toa.IU8.VQO. In loon the Union Paninn system (Oregon Short U n ci
acquired **.1177,000 stock.
V . 8 1 , p. (1 7 ; ; v . 7Q. 11 . 11183 . 1 1 10: V . 7 7 .
p. 3 70; V. 83. p. .170. 817. 10118; V . S4, p. 1Q7.
T h e cumoll.lalnl sprung /nnd batuli of 1013 have votltrg power.
n i v . — t-an to ' 0 ,1 . *04. 'o s . 'on to ’oo. -oo, ’ 0 1 . ms t<> 'o s , 'o « . 1 0 0 7 .
Com . . ( 0 yearly.
3
4
n yearly. 0
8 7 yearly.
7
7
I’ r r f . . j ------------------------- 7 yearly------------------------- --------------— 8 yearly—
In to o t, on eom m ou, Jntt.. 3 %\ July, 354 anil 1 5» extra: In 1003 to Jan
1008. 754 (paid J& J). On p f.. Jan .. 1 <( 54; A p r., 1 1< 54: July. 1
"4 and
I "4 estra: O r t,, 2 54: In 1003 to Jan. 1008 Inch. 8 % (paid Q .-J ), Tho extra
diva, of I “4 each on the stocks In .Inly '02 Increased the rale for the nscal yr.
*01-'02 to 7 and 8 54 on the com . anil pref stocks respectively. V . 7 4 . p .l 104.
|IO.Vt>S. —arnrrnl M on o oat. -S e e Abstract In V . 85, p. 1173. Tho
authorised Issue Is $ 1 8 3 ,nor),dim (United Slates Trust C o., trustee). *1.11,■
843.000 were reserved to retire onderlyltig bonds, anil remainder for addi­
tions and improvements. *4,000,0UU at once ami Sl.OOO.OUO a year there
alter.
V . 63. p. 1070.
V. 83. p, aVI, II l , 071; V . 7 5 . p. 030.

MAP OF Tine

Ml. Ullalro

CHICAGO & NORTHWESTERN

N

V$s fM rr U 't l *•t k » l••clmvry'
V «t R.viforrf
K|ln-tinn. \ Carrington
Junction,

O \V R

RAILWAY SYSTEM.
,____ -v oV■
«««M «ac.

•Chicago
North-Western Railway
Railway
■ ■
Chicago &A North-Western
ic a g o St.Paul,Minneapolis
St,Paul, Minneapolis & Omaha R
Ry.
■ - M - i . - . ^- C. hChicago
j.

^ M 4 R i<
M

:

R A IL W A Y STO C K S AN D BONDS,

_

\\ ^

.
f
a & s S L

,-/

A

;

f\

g

p>,

< t?

%■ t K '/ t p
r—

Ei l s e mp u t p ^

/

t .< £ //

. j

/

Klorcr

i

e

-t

l)

_.Mau*nuiaj(

^

y

^

\

u
*
' \ - —

J j I

ej0 R ,^ I £ !S —

■

^

f *

?J

s

t

v
\

<!")«,«. U't / /
j

N fs ,ih i^ \ n t ^ V ^ T

[
x >
jju m o fc n ,
W

•

...

j /
S?

‘* 8

\

V*

‘

U P O O H t n .'Q C g ^ '

f

*+>c^7 ^ *

y

^ f<^ L

S

l

\

.» « % » .'« A , V

c -o o n t f

^ g M

*m

'& & 'ri $ f -f — ------ .

hum.]

^
L
t V

i f

*

\ %

h

t c . '* J n 3 i

'V l u a m 'U i l a o ^ l t l l T ' 0 l a v V ^ f C ^ N . W

$\

i .e o f s O T /

PAanien ^ lo n e a c c ^ l

/

■' i

'y

<>cH °

X^N .

°°e

hi^ ton

3SSSS*9 l i 1____ M l .1/

J'A X

-J l 5

v-

CVIC.lt
A

L<-

l &

f v .

JCNPSHA j

A
r v ? /^

ji'orifi Plalte

OgMilulA^

UCMAKINOCi

lT n c o l n

Curtis
Cuiimrtro

0»!e*bnn

Dlu' BUV

r4

IW k lf jr M ,

,Stellies.'

Inland

irllnguirj^

a n a .r

Hanot <

Ooidr^n?iP,^L.<t\r*

AXrvn

—-

C haricot

Loxlngt*

._ei1? ^
Sa-ilTiTc^/^

1M'ANOt
NAMD

GimuU Uli

liirrr

Jan.,

r

S g J ,,a~'A k r * V i ‘ im T C ,

NORTH

>»c»nc‘




„

^

thNirji^i

Ittokul

\ S t b n ft l
: Beam 11

Buihnclf

S t.Joscp l

’ChilllcotW

i'okln
r.':.

Tarltuning

Yuma
SOP**'*

ENVER

‘A » . r c \

r t y ^ K » ‘ • > > ,»

H UIQW '4.
Hum ping

.Greeley

C

^

* ? * % & ? • '
r ‘
K v "

. . t v ' ' \ s {£] )

5

.'

.^ g e a fe ^

%X

S

"w se^ J w -S

i v

■“ x ~ “ —

- J L ^ r r .:

“f

f

M u w b liM a s ^ X

/■------- r tT )53

»

\ b

I

— -S B — - i ^ s S T S r ------------ i z ( . -.^w

ACn<^ _

a A /!i r \ w

> y - “ “

ls> ., •*

n|

a

^ V
u - t - j^

, R M
llnorjw*h— —^%Tg^CTr»M
y

EurokWv

.A /

>

f ac."

o
A
j n i .M .i .s

. /

,t y

TJfuDil

D'

\\l

'

« i

A

Fertile

^ O l a c '^

-«<r*

M
S
t>

TiiWor'

l*%k*
iriint 6fuo«%l«6

IY>*«i,>n

a,* T

Venn

9,172 Miles.
Milos.
9.172

mon

ilse/m

S P R IN G F IE L D

41

RAILWAY STOCKS AND RONDS.
R A ILR O A D S .

For explanation 0 column headings, A c ., see notes
nn first page of tables.

Chicago A North W .i t .r n
(Continued)
W inona & St Peter 1st M ext. g land gr s rasa___F c ’
Plnlnvlew H lt and Minn Valley first m ortgages____
noon * Nor Minn h im morn-nee eunr (nSMimcdi. .
O ttu m C F & St 1* 1st M ($23,000 p ml g u a r .. Un.c*
Nor III 1st M ($20,000 per mile) Assumed___ Un.c*
Mllw Ijiko Shore <V Woonnol M (now 1st) koU1.C o .c Michigan Dlv 1st M 1 for $3,000,000) g o ld ..C e .c *
Ashland Division first mortgage g old .......... Ce.c*
Ext A Imp M for $3,000,000 g a f not drawn.Ce.c*
Income bonds (not cumulative) no co u p on s___r
Marsh Ext 1st M ICIIU.OOU (*15.000 oer 111) . Un.cC 4 N W « I bonds or '70 (SI .000 u mired at 105 Per
SlnUIni (und debentures 1033...................... Un.o’ &r
25-year debentures..........................................U n.c*A r
Chicago A North Western 30-year deben. Un.c* Ar
Extension 4s $20,000,000 ($20,000 p m ) . . Un.cAr
General gold bond M $ 1 6 3 .0 0 0 ,0 0 0 .......... U s.c’ Ar
do
do
registered.......................................

M iles Dala S ite, or
Amount
Of
Par
or
Road. Honda. Value. Outstanding

184
21
04
76
413
82
-10
00.1
40
1,041

Branch Line Bands Assumed.

Boyer Valley R y 1st M g $16,000 per m lIc ..P .c * ftr
Minn A la R y 1st M gold $16,000 per m lIo ..F .c * A r
Mankato A New Ulm 1st M gold $ 4 1 6 ,0 0 0 .,F .o * A r
Southern Iowa first mortgage $1,120,000 g ..F .c * A r
Princeton A Northw 1st M $ 2 , 100,000 g o ld ..F ,o A r
Peoria A Northwest 1st M $2,123,000 gn id .P .cA r
Sioux City A Pacific 1st M gold $ 4 .0 0 0 .0 0 0 ..P.cAr
Minn A So Dakota 1st M gold $528,000 ____ P.o*
Iowa Minnesota A Northwestern 1st M g o ld .F .c*A r
From Elk A M V cons M $25,000 per mile assumed

00
110
26
36
103
83
123
3.1
106
1,170

IN TE R E S T OR D IV ID E N D S .
When
Payable.

Rate
%

1871
1878
1882
1884
1885
1881
1884
1885
1889
1881
1802
1879
181)1
1884
1891
1886
1897
1897

IU0 Ac $14,036 ,300
250.000
200.000
1,600,000
1,090
l .000
t .300.000
5 .000,000
1,000
1,281,000
1,000
1.000
1,000.000
4 .148,000
1.000
500,000
1.000
400.000
1,000
1.000 Ac 12,033,000 5
9 ,800,000
1.000 AC
1.000 Ac f 5 ,369.000
1.000 Ac * 9.819,000
1.000 Ac li 17 480,000
1000 Ac\ 6120271,000 f
1000 Ac]
l

7 g
7
7
6
5
6 g
6 g
6 g
5 g
6
5
A 6
5
5
5
4
3Fi g
3*5 g

1898
1899
1899
1900
1001
1901
1901
1000
1900
1883

1.440,000
1,000 Ac
1 .001,000
1,000 Ac
pi 16.000
1,000
1,000 Ac N o n /J ’ly'07
1.000 AC nl.O-IO.OOO
2,125,000
1,000 Ac
1,000 Ac o3,926,000
528.000
1.000
3,000,000
8 1,000 Ac
7.725.000
l ,000

3 14
-1 4
3 ‘4
3 .4
•1 4
34
314
•1 4
34
0

In addition sinking fund July 1907 held: f $ 5 2 l , 000
(and
ro *094,001) (um! 1 1;•.U 0.0U 0 i» i hand): 11*100.000,- o $74 .000;

$10,000
P all In

The sinking fund bonds of 1871) are scoured by deposit 111 trust of $15 0 0 0 ,­
000 of 1st M. bonds at $ 15,000 per mile on subsidiary lines, the most Import­
ant beta* described In ’ •Supplement” of May 1804. Of the sinking fund
bonds of 1870 $5,488,000 arc 0s; the sinking fund Is at least l % of out­
standing bonds, which arc subject to call at 105. and through Its operation
the atm.outstanding has been reduced from $ 15 ,000.000 to the figure In table.
Th e sinking fund debentures o f 1033 have a sinking fund of $200,000 per
year. If they can be redeemed at 105. See description of all the debentures
on page 2 , '•Supplement’ ' of April 1805.
The extension bonds of 1880 are secured by deposit In trust of first mortgage
bonds at a rate not exceeding $20,000 per mile.
Included In the collateral
July l 1907 were $10,073 ,000 Fremont Klk Horn 4b Mo. Valley ists and
$2,5 0 0 ,0 0 0 W yom ing Central lsts (consolidated with F. B . A M . V .) , Ac.
Th e Fremont Elkhom A M issouri Valiev consols have a ilrst lien on 1 , 1 7 0
miles (Frem ont, N ob., to Deadwood, D. T . , 557 miles, and branches to
Hastings Albion. A c ., 813 miles) but besides the amount of Issue given ns
outstanding In the table $10,075 ,000 (along with $2,800,000 W yom ing
Central firsts, A . F. E . A M. V . Issue) are held as part collateral for Chicago
A North Western extension bonds of 1 88 6 .
G E N E R A L F IN A N C E S .— Stock h old er In Feb. 1003 subscribed for
$9,22(1,110. In July 1003 for $ 1 0 ,000 ,200 . In May 100(1 for $ 10.207,400 and
In Feb. 1907 for $24,101,600 common stock at par, the proceeds to be used
for Improvements, equipm ent, A c . V . 82, n. 402;, ’V*. 8
* 3 . p. 3 7 0 ,8" 1 7 ,1 0 9 8 .
. .. ....................................
Now terminals In Chicago
to cost $20,000 ,000 . V
* . 83, p. 8 00. 1030; V . 84,
p. 157; V . 85. p. 658.
E A R N IN G S .— For 5 m os. ending N ov. 30: Gross, $31,544 ,022 In 1007.
against $ 30,010 ,977 In 1000.
R E P O R T .— The annual meeting Is held tho third Thursday In October,
floport for 1906-07 at length In V. 85, p. 0 5 1 ,6 3 7 ; editorial p, 6 92 .
Years endino June 3 0 1906 07. 1905 00.
1904-03.
1003-04.
Average miles operated.
7,531
7.420
7.1 0 8
7,104
Passenger earnings.......... $ 1 6 , 1 1 1,780 $14,441,415 $ 13,330 ,714 $13,027,708
F r e ig h t ................. .............. 49.083.246 45,802.83.1 39,202.830 .17.234.339
Mall, express, A c ............. 3,08.1.896 3 ,237.310
3,112,731
3,052.387

[V O L. LXXXVI.

J

Where Pay able, and by
Wn om.

ft

I) Co's Office
Scml-an
do
do
M ft S
do
\f A S
U ft s
do
do
M A N
.1
J
do
M ft S
do
F ft A
do
M ft N
tio
A A o
do
A A O
do
M ft N
do
M ft N
A 15 A O
do
F 15 A A
M A N
do
do
3— •-

g j
e J
g \
g M
g J
g M
KF
g J
g J
A

ft

A
A
A
A
A
A
A
A
A
A

on hand);
g $181 .000:
sinking fun d.

n
i)

o

ill

B'way
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

Dec 1 1916
1908
Sept
1008
Mar
1909
Mar l 1910
May l 1021
July 1 IU24
Mar 1 1920
Feb l 1029
May 1 1911
Oot l 1022
i 1029
Oct
May i 19.13
Nov 1 1009
April 15 1921
Aug 15 1926
Nov 1 1987
Nov 1 1087

do

Dec \ 1023
June 1 1924
1 1929
Oct
1 1025
1 1026
1 1026
1 1936
10.15
1 1955
193.1
Oot

do
do

8
J
S
A
J
J

o

do

ll $1,143,000:

Bonds — Prlncl~
pal. When Due
Stocks— Last
Dividend

k $202,500;

C HICAG O ROCK ISL A N D A PACIFIC R Y . (Concluded).
Minn , and W atertow n, S. D ., with numerous branches, vlr.
Mileage owned —
Antes.
M ileage leased—
Afiles.
Chic., III., to Color. Sp’gs, C ol. 1,064 Keokuk A Dos M oin es*.. . . . . .
16 2
Davenport l a ., to T erra!. I. T - 712 Peoria A Bureau V a lley*.......... ..
47
Hcrlngton. K a n ., to Tcxhom a,
W hite A Black River V a lle y * ..
62
O . T .............................................. 323
Little Rock A Hot Sprlugs
Burl’ g t'n , la ..t o M lnn'ap..M lnn 308
Western • ........................................
23
Vinton, l a ., to W atert'n. S. D . .176 Rock 1st. Ark. A Louisiana-----263
Branch lines.......................................2,124

Capital stock alt moned—
Choc. Okla. A Gulf (le a s e d )* ..
Ohio. R. I. A El Paso....................
Ohio. R. L A G u lf...........................
St- Louis K . C. A C ol.................

4,907 Trackage to St. Louts, Denver,
Pueblo, A c .......... .......................... 7(13
081 Other lines under construction. 179
U2
387 Total mileage oper. and under
299
construction June 3fi 1 0 0 7 ...8 .1 1 7

1.770
*Seo these companies.
Branch from Little Rock, A r k ., southeast to Cro«xott, with branch to
Eldorado. 144 miles, was completed Jan. 1907 under charter o f R . I. Ark
A Louisiana H R ., connecting with the line from Eldorado. A rk ., to Winnfield. L a.. 100 m .. acquired In Sept. 1005; extension being built from Winn
Hold to Alexandria. L a ., 44 U m .; also one completed O ct. 1007 from A lex­
andria to Eunice, Ala. 55 miles, at a connection with St. L. A San. Fran,
line, now building. The ron<! Is leased for 999 years.
The charter permit*
the construction of a through line from Little Rock to New Orleans. See
V . 81, p. 1851; V . 82, p. 9 9 ,8 7 0 , and bonds below; also Rock Island Co
The Rock Island interests in April 1900 acquired a half Interest In the
Trinity A Brazos Valley R y ., owning a line from Cleburne to Houston, T e x .,
236 miles, with branch to Wnxnhnchtc, 70 miles, nmi trackage rights from
Cleburne to Fort Sm ith, W axahaobto, to D allas and Houston to Galveston.
V 82. p. 870
H I S T O R Y .— A consolidation Juno 2 1880 with $50,000 ,000 stock.
In July. 1907 $70,067 ,700 of the $ 74,851 ,100 capital stock hnd been de­
posited per plan V . 73, p. 230. each $100 stock being exchanged for tho fol­
Total earu luy*.--------- . $08.878.931 $63,481,578 $55,745,275 $33,33-1,634
lowing securities: $ 1 0 0 In 100-year 1 % gold bonds of the Chic. R . 1. A
Oper. exp. and t a x e s .. . 17.253.750 42.216.276 38,040,312
37.327.109
Pac. Railroad, (of Iowa) and $70 preferred and $100 common stock o f the
"R o c k Island C om pan y" (of New Jersey), which owns the entiro capital
Net earnings — ____ . $71.623,172 $21.265*302 $17,095,963 $16 107,525
stock of the Railroad com pany. See statements for those companies.
Total net receipts.......... $23/36.1 732 $22,871 .382 $18,631,798 $17,596,760
In Aug. 1007 the Chic. R. |. a Pac. sold It* holdings lu the Chicago A
Interest on debt............. . 7,300.186
7 ,845.329
7.988.976
7,971.518
A lton, viz.. $ 14, 420,000 com m on and $ 6,380,000 pref., acquired In 1004.
223.(100
Sinking film !, Ac
—
223.500
225,000
225,500
to the Toledo St. Louis A W estern. V . 85. p, 468.
Dividend on common . (7(6.118.577 (7)4.692.31.1 (7)3.333.324 (7)3.383,324
I 11 1902 most of the stock o f tho Burlington Cedar Rapids A Nor. and
(6)1.791,600 (8)1.701.600 (3)1,701.00(1 (8) 1.791.690
Dividend on preferred
Rock Isi. A Peoria was acquired, and their roads leased from Juno 1 and
Real <state, count.. Ac ........................
6,000.000
4,600.010
4,000,000
subsequently deeded to th c C . H . I. A P . V. 7 1, n. I 194, 1250.
Friendly
Interests control Bering Coal Co. and Consolidate*] Indiana Coal Co. V . 8 2 .
Balance, surplus, . .a $ 7 ,830.338 $2,316,040
$042,808
$224,818
p. 4 52; V. 80, p, 2461, 26.12.
a In addition there were net receipts from lands In 1903-06 of $367,314:
D IV I D ’S
l*l*». ’ OO. ’ 97. '9 8 . *99 to *02. '03. ’04. *05. *06. '07.
1008.
sin ce' 0 1. p .c .j 2
2 2 4 4 4 5 yearly. 7 4 8 4 o r n 5 4 J n n ..l
In 1904 05 o f $ 293,442; In 1003 04 of $ 1,174,766: In 1906-07, not given.
In
1906
Jan
.,
1
U
%
from
earning*
of
fivo
m
os..
April,
I
4
%
:
Ju
ly.
I ?t;
O F F IC E R S ,— Pres., Marvin lluffhltt. Chicago; V .-P . and Sec.. K, K,Os­
O c t ., 2 % ; \n 1907, J an ., 1 si* April. 1 4 % : July, 1 % ; O ct, 1 *1 % .
born. I l l B 'w ay. N . V ; Trcns. and A sst. Sec.. It. II. W illiam s, N . Y.
Special oixirthutinn-i to stockholders, including $1 03 per share Juno 17
Directors— W . K . Vanderbilt, F. VV. Vanderbilt, II. M cK . Tw om bly,
1905. see V. 8 0 , p. 2398.
Samuel F. Barger, Chauncoy M. Ucnew, James Stillman James O Fargo,
B O N D S .— Or tho general 4s of 180 8 those unissued are avatlablo as roiFrank W ork K. K. Osborn, N . V .; Marvin H ughlit. Byron L. Sm ith. Cyrus
H , McCormick. Cbauncey Keep, Chicago. 1 1 . C. Frick, Pittsburgh, p.i • lows: $23,900,000 at. not over $ 1 , 000,000 per annum for permanent Im­
David P. Kim ball, Oliver A m es. Boston; /e o n s Crane, Dalton, Max.v
(V . provements and additions, Including equipment, and $12,000 ,000 to retire
the first 6s or 1917.
Mortgage, Abstract lu V. 66, p. 522; V , 7 8 , p. 228;
81. p. 1113; V 83. p. 220. 168. 651. 657. 1003. 1143.1
V . 8i), p. 172.
CHICAG O PEORIA A ST. LOUIS R Y . R O A D .— Owns from Pekin to
The collateral trust gold 4s o f 1902 ($24,000,000 authorised) arc secured
Granite C ity, III., iso miles; Oranltc City to Madison. 2 miles; Madison
by deposit of til node of Choc.Okla. A Gulf lil t , V .7 4 , p .7 7 3 .8 2 9 .9 3 0 . 1356.
to Bridge J et., 3 m ,; Havana to Jacksonville, III. 42 m .: branch, LooUhaven
The refunding t % bonds of 1904 ($163,000,000 authorized Issue* arc a
t o G rafton, 8 m .; total owned, 233 m .; trackage, Pekin to Peoria, 10 in.;
first lien (either directly or through pledge of the entire Issues of bonds of
In Springfield, 1 ’ , m .; Granite City. III., to St. Louis Station, U m .; total.
tho compani .-1 owning the same) on terminal property In St. Paul. Minor253 \4 miles.
apolli and St. Louis, now equipm ent, and shops at Moline, III., and on rail
Reorganization of Chicago Peoria A St. L. H R . and St. L. Cldc. A St.
way linos aggregating 1,148 miles: also a Junior lieu subject to existing
Paul R v .. sold lu foreclosure Jan. 8 1900, per plan In Vol, 68, p 7 2 2 .
mortgages on ail the other lines of tho system of the Railway com pany, ngThe July 1906 couoon on the consol* was paid Deo. 1906. tho Jan. 190 7
regaling, exclusive of leased lines and trackage. 3,659 rnllea. See Genera)
coupon In June 1907 aud the July 1907 coupon In Dec. 1907. The Jan. 1908
Inan c m below; also "C h ronicle” of Jan. 28 1905; and full statement In
coupon wax deferred. V', 83, p. 1323; V . H I. p. 503.
F. J. Llxntan A Co.
V . 78. p. JJ8. 2.141 v . 79. p. 1716, 2206; V . HI, p. 219; V . 85, p. 98.
requested bondholder* to communicate with them, with a view to protecting
Issuable forthwith (compare "G eneral Finances’ * below )............$15,000,099
their Interest*. V . 8 3 , p. .16.
Issued or Issuable to an amount, equal to the value of bonds so
B O N D S .— O f the $ 2 ,Odd,000 prior lien l l ( o . $200,000 arc reserved for
Issued, to acquire property. Including stock* ami bonds. . . . 25,000,000
Improvements. A c. Stock, com m on. $3,600 ,0 0 0 ; pref., $ 3.730.000.
Reserved to retire at nr before maturity all bonds of the railway
system falling due within tho next .10 years (none of such
R E P O R T for year to June 30 1907 was In V . 83, p. 1140, showing
underlying bonds to be extended). also to acquire $20,900,000
Gross, $ 1 ,6 8 3 ,8 3 6 ; net, $257 ,40 5; other Income, $3,326; Interest and taxes,
general is of 1898. bxu.ihie for Improvements, viz.:
$ 330 ,35 7; tm l.. aur., 5 3 0 , 3 7 1 . Vice Pm *.. John l\ Ram sey. S t. Loulis. Mo.
Ronds to Re Taken t[t>—
See. and A w t. T r e n ., II. W . Berger, Sprlngfhdd. III.; Tien*. an<l A m i . See..
Chicago Rock island A Pacific R y . gen. inort. 4*
C M . Gleason, N . Y . -(V . HI, p. 1551; V. 83, p. 1083. I MO. 1518.)
hereafter to be Issued, viz.;
CHICAGO ROCK ISL AN D A PACIFIC RAI I,R O A D .— Incorporated In
(a) T o retire at maturit y l«t 6s of 1917................. $12,500,00(1
Iowa on July .it 1903 a * an operating com pany, per plan V. 73. p. 2.19.
(b> At not exceeding $t.0oo,ooo per year for ad­
to take over The Chic. R . |. A Pac. Railway. T h e entire capital stock
dition* and Improvements
__________. . . ____- 25,900,000
($143,000,000) l* owned by The Rock Island (holding) Company.
Burlington Cedar Rapids A Northern R y. Co. cons.
B O N D S .— Tho collateral trust 4s of 2003 (authorized Issue $73,000,000)
5x.
I«*ued
or
hereafter
to
bo
l>s»lcd
to retire:
are secured by a pledge with the trustee of an equal amount of the stock of
6.500 .0 0 0
(a) B, O. R. A N . R v. 1st mortgage As of 1906 —
the O. It. I. A P. Ilnilivu’/ ax acquired.
In July 1 9 0 / $ 7 0,067 ,700 o f the
1.993.000
(fed*Hap. la. Palls A N. 1st m ort. 5s of 1921.
$ 7 4 ,8 3 1 ,too riaitway stock had been acquired.
In *907 $ 17.-w; 1,1 so of an Oh(b)
•
*'<
w
OkU.ioina
A
r*
111
1
R
K
.
e
iiis
d
.
5s,
li
re
authorized issue of t i 8,500,000 collateral trust fts of 1013 had been Isiucd
after
t
•
be
Issued
t
*
retire
$
6
,
500,000
C.
O
.
A
(7,
with llock Inland Co. stock In payment for $28,910 ,300 of the $ 20,000 ,000
3.300.000
R
r itno
St. Louie A San Fran. com. stock.
V . 76. p. MOO. Total Income In 1906-07
Chicago Rook I-land A Pac. R y. gold 4s of 1902
$ 3,870,781; cxpenxftv, $1,591; Int. on bonds $ 3,668,077, dlv« tO l(oek
2
2.410,000
(Choctaw
Oklahoma
A
Gulf
stock
collateral)
.
.
.
Island C o.. $75,000: tml.. aur. for year, $ 1 2 6 ,2 1 4 .— (V . 85, p 1000.)
4.500.000
6 % notes Of 17. It, Francis, e tc ,, paid Jan 1 1 0 0 3 ..
CHICAGO ROCK ISL AN D A PACIPIO R Y .— (Sre Ata p flock Island C o .,
430,000
Rock Island A Peo. R y.C o. consol, mort. On of 1925
pages n o nmi 117.) — The system extends from Chicago, III., via O m aha, Choc. O kla. A Gulf H R . equip, trust certifica tes... 2.300.000
r»«D., to Denver and Colorado Springs, C ol., and via Kama-* City, M o., to
-S82.os5.oon
Santa R om . New M ex., thero connecting with tho lines of the Now Mexico
Reserved to provide 73 % o f purchase price of securities of
R y. and Coal Co. and forming with them and the Southern Pacific a through
other companies hereafter acquired............................. - ..................... 13,300,000
lino to the Pacific Coast; also from Tucumcjirl, N . At., to Memphis. Term .,
R ncrvcd to be Issued at not over $2,3oo,ooo yearly from Jan. 1
and fo Fort W orth, T o t ., on the south, and on tho north to Minneapolis.
1994 for future Improvement* and equipm ent................................ 2 7.475.000




S




u»
R A fU W A D S .

M iles Dote S ite, or
Amount
of
of
P at
Hood. Bonds. Value. Outstanding

For txplanatton of column Iu-tid1n<j$, & c.t $tt notoi
on flrxt pope of tublex.

Chicago Feorln A St L— Frllcn A1 g call at 10 7 H -T a .c*
235
Consol M t2 .0 0 0 .0 0 0 m id call at 1 0 f t .............. la.e*
233
Income M gold (text) non-cum call at p a r............ EC
235
Chic R 1 & Pac RR— Col tf M 6 7 5 ,0 0 0 ,0 0 0 . .Cc.C* der
,
Collateral trust M S18.ft00.U0U itold red 102 I-; ..C e .e *
Chicago Rock lnl & Factflc R y— Stock (575.000.000)
1st M Chic. Ill, to Council Bluffs 6c branches. . Ua.c*
764
General mortsrntrc tlOO,000,000 itold.H n............c 'f t r 3,260
Col bit tr .VI g Ser F to P due yearly red lu i
. .Ce.c*
Ref M 3163,000,000 gold red 105 to 1011 . .C c .c * * r Text.
Gold coup notes red sec by R l Ark 6c L bonds. Bn
O Rnp 1 F & N W 1st M gold guar------ ------------Ce.o
292
B C K f t Nor cons 1st M g old ............................. C e.c'& r 1,291
Minneapolis 6c St Louis 1st M gold (assum ed)____ Cc
12
Rook Island 6a Peoria con 1st M (V .73.P .30) . . . . Alp
113
378
Choc o & a general (now 1st) M ts.ftifo.OOO it . -c*
Choc & Mem 1st M $3,750,000 ;usHUtncd . . .ciP .c& r
282
L Rock Bridge 1st M assumed gold red (text) OPc*
Consol M (see text) t3n.ono.oo0 e o ld ..........OP.c*
1,018
Car trusts Series B duo sem l-aum m lly............ OP
Car trust Series C April yearly beginning 1903 O P
Rock Island-'Frisco Term 1st M g guar J oin tly..c*
Feorln Ry Term 1st M g ttu Jointly red................. 1C
Equipment notes, du«' $325,000 sem l-nn_________ Bn
Chic & R 1 Kiev M gold guar p A 1 redeem at par.-C *
Consol |ml Coa) 1st M u Int iru red tin * f .n .o - f t r
Chicago St Louis A New Orlcims— See Illinois Central
Chicago St Paul Minn A Omaha - Common stuck. .
Preferred stock non-cnin Including scrip (see text)
Hudson ft River Falls 1st M Hudson In lilver Falls.e
Ch St P A Minn 1st M gold Elroy to L St C ass’ d .c*
St P ft Sioux City 1st M (fold 1 10,000 per m ile. C«.o
Nor W ls 1st M Lake St C to near Spooner, fum’ d Ce.c*
Sault Stc Marie 6c Southwestern 1st M assum ed------ c

1900
1900
1ooo
1902
1903
1877
1898
1902
loot
19116
1881
188 1
1877
1885
1894
1899
1899
1002
1901
1902
1906
1907
1907
1907
190 4
1005
.v

12
177
607
so
37

1878
1878
1879
1880
1890

1,000
l ,000
1.000
1.0011 Ac
1 ,000
100
1,000 AC
1,000 Ac
1.000
1,000 Ac
1 ,000
1 .000
1,000 AO
500
5,000
1.000
l .000
1.000
l .000
1,000
1.000
1,000
1,000
l .000
l ,000
1,000
100
100
500 AC
300 Ac
1 ,000
1.000
i .ooo

C H tC AO O ROCK IS L A N D A PACIFIC R Y . (Concluded).
O f the |6fl,85L,00(! refund. 4 h dated !ll()4 outstanding lit July tl)0 7, $ 2 1 ,­
151,000 wt re Issui<1 for 11 funding pur....
I ' 3,01 0
treasury. 5 2 0 .4 0 0 ,(>cm> for acquisition of property or securities ami 6 1 0,000 ,
000 for Improvements,
Of the remaining $06,1 10,000 bonds authorized,
36 0 ,5 7 1 ,0 0 0 were reserved for underlying b on d s,618,5 0 0 ,0 0 0 to pay for7ft%
of the purchase price of bonds of other companies, and the balance for Im­
provement* lUid acquisitions Of nthor properties or iceurltle^ ns nrescrlbed
in the mortgage.
Ill Jan. 11)08 a block was sold to retire the $0 , 000,000
notes due April l 1008.
V. 86, p. 107.
Feorbi Ity. T erm . 1st 4s (51.800,000
authorized Ih.iuc), guaranteed Jointly with Cldc. A Alton, are subject to call
at 102 t* after fen years. V . Aft, p, 150,
As to Chic. It. I. A I'ac. Elevator m igc., see V . 7 0 , p . 2500; V .8 2 , p .7 5 0 .
A h to Consol. Indiana Coal 5s, Interest guar., see V . 80. p. 2-101. 252.1;
form o f guaranty. V . 82, p. l ino.
Hock Island Frisco Terminal Hy. 5s,
guaranteed Jointly, V 84, p. 560. 748.
In April 1006 S6.ooO.OUU o f 4 U % notes were sold, secured by deposit of
6 7.500 non Hock Island Ark, A La. 1st 4s, the latter being a lien on 257
mites of road and equipm ent. Sec above and V . 8 2 , p. 8 05, 10|.
G E N E R A L F IN A N C E S .— Jan. 1006 $ 11,784.000 additional refund 4 k
were Issued, of whleh 57.5:14.000 for Improvements and equipment and bal­
ance to retire underlying bonds; In July 1006 6 5,070,000 for equipment and
underlying homl*; In Dec. 6 1 0 .0 0 0 .0 0 0 . of wldeh 65.0 0 0 ,0 0 0 for equipment
and 52.5 0 0 .0 0 0 for Improvements; In May 1007 J io .o o o .o o o , o f whleh part
to retire the 67.500,000 notes due July I 1007, remainder for Improvements;
In Jan. 1908 a block sufficient at least to retire the 5 6 .000,000 4 W % note*
due. April 1 1008. V . 80. p. 107; V. 8 0 . p. 1423; V. 82. p. 280. 750; V. 8 1.
p. 210, 1247; V . 85, p. 08.
. . .
In Feb. 1007. 66,250,000 4
•’?. cqulpmctn note i were sold. V . 8 4 . 0 .3 5 8 .
LATEST* E A R N I N O S .— / 100 7 ___Gross. 527.216 .078 ; net. 57.220.278
ft rnos.. July l to N ov. 30.11006
.G r o w , 24,743 ,2 9 1 ; net, R.270.652
R E P O R T .— Report for 1006-07, V. 8 5 , p. U16, 1013; see also editorial,
p. 077.
YrofeinltnO June 30 —
11)06-07.
1003-06.
1904 0 5 .
1003 04
Miles operated...............
7 .7 8 0
7,2 1 8
7.232
7,20.*,
616,440,763 *613.017.031
Passenger e a rn in g s.... .616,440,763
'* " ”
*51
* “- .030,781
" " “ “ *511.607.033
“ .........
................
3 4,695,821
20.662,386 31.167.006
Freight earnings
40,063,072

Mall, express, rentals, Ac
Gross earnings.
Net earn in g*.—
Other Income . . .

[ V o u IAXXV1

RAILWAY STOCKS AND BONDS.

3,121,683

2 .625,003

2 , 338.342

2.105 432

. . . 560.238 ,420 551,237 ,838 341,031,300 544.060.401
.
.5 1 0 ,1 0 4 .2 7 3 516.170 .800 312.003 .300 513,104 508
____
713.182
1,015,837
1.526.172
1,333,833

____ $ 11 ),9 3 0 .160 617.186 ,637 314.510 .472 514,528,131
Total Income
T a x e s ................................... 6 1, 6 7 6 038 6 1 .631.800 5 1 . 600.080
51 137,678
Interest and rentals . . .
0.475 .2 2 8
8 717,017
8,176 373
7,062.055
Im provem 'ts leased lines
37,676
21.807
....................
.
Dividends
.......... (5 M M ,t 16,728(6 H ) 1677553(6 H )4076022 (8)5.1)85.060
Balance
...................... 64.033.780 32,108,280
556.487
$43,138
O F F IC E R S .— Chairman of Board, D. G . Held. Chairman of Executive
Com m ittee. II. F. Yoakum ; President, II. L. WlllChell; Vice President. R. A .
Jackson: A sst. Fee. anti Asst. Trenv.. Gen. T Boggs; 2d Vlee-ITes., It, V
Mutlge; 3d Vice Pres., VV. D. Blddln; 4th VTce-Pns., C. W . lllllard; 5th
Vice-Pres., IS. t.. Pollock; .Sec. and T roas., George If. Crosby
N. Y O f­
fice. 1 1 0 Broadway. (V . 8 3 , p. v ia , 1 0 0 0 , 1013: V . s o . p. 1 0 7 ,)
C tllC A O O ST. PA U L M IN N E A P O LIS A O M AH A R Y.— ISre M a p ( Vii
ca oo A N orth W estern .)— R O A D . — Klrny, VVI.v, to Omaha. N eb., 303 miles:
other lines. 1 ,1 |.h m ; total. July I 1907, 1,711 miles, of whleh 1,642 arc
owned and 69 miles leased,
v . 6 0 , p. 1 1 <7.
Extension from Harttmrtnn to
Crofton. N eb.. 15 miles, was completed Dec. 1006.
Extension from
New Castle. N eb ., to W yn o t, 18 mlle-s. was opened O ct, 28 1U07.
H I S T O R Y .— This wiut a consolidation Jtdy 1880 of the Chicago St, Paul
4s Minneapolis, the North Wisconsin and the St. Paul & Sioux City.
In November 1883 Chicago A North Western R y. purchased control,
v lx .. 50,320,000 common and 63,360,000 preferred.
S T O C K ,— Authorized common. 621,403 ,203 : preferred. 512,646,833.
Held by the company June 3o 1 0 0 7 , common stock and scrip, 52,844,2071
inferred 8t4
rip, 5 1 .3 8 6 ,0 2 1 .
Preferred stock has a prior
o non cum . dividend or 7 % ; but com. Is never to receive more than prof.
D IV S . 1 *01 *02 *93 to *06 ’ 1)7 ’08 *99 *00 *01 ’ 02 '03 *04 *05 *06 1907
C o m .% 1 -.
.
None.
2 2 3 W 5 & 8 6 0 7 7
7
Prrf. % I 4 6 *4 Since 7 per ann.(S 4 F. A A .) --------------------------------------- -------B O N D S .— There arc 675.000 Minneapolis Eastern 1st M. guar. 7s due
Jan. 1 1 900 ; 5l.5u o.ooo Superior Short Line R y. bonds are owned. Chicago
S t. Paul A Minneapolis 1 st 6s, due 1918, nml North Wisconsin 1st 6 m, due
1030. are exchangeable at option of holder at any tim e, dollar for dollar, for
consol, rts or 1 88 0 . duo »03(V V . 68, p, 521; V. 7 7 . n. 2381).
L A T E S T E A R N IN G S . -From July 1 to NOV. 30 (5 moiltlw), gross.
$6.185,6.11 In im>7. 56.123,361 III 11)06.
R E P O R T .— Year cuds June 30.
Report for 1906 0 7 . V . 8 ft, p. 7 1 7 .
1906-07.
1903*06*
1004 05.
Oroes earnings............... ..........................511.035.309
612,043,750 611 .0 2 6 ,000
Operating expense* and taxes..........
0,612,99.1
8,310.945
7,676.528

?

Net earn ings_____ . . . . . . ____. . . 5 4 .422.316
Net rentals paid ..................................6122, V*7
Net lnr on debt (less other Income)
1,456.555
Dividend on preferred stock............. (7)787.076
Dividend on common stock
. .( 7 ) 1,208,910
Appropriation for Im provem ents..
. . .

54,632,806
5123.409
1,401,106
(7)787,976
(7)1.298.885
600.000

64.249,472
5124,276
1,484.066
(7)787.976
(7)1.298,883
400.000

5756.341
5331,280
5134,269
Surplus of R R .C o ._______ . . . . . . . .
Net from land s a l e s .........................
*67,379
376.142
371.107
— (V A3, p. U72x V . 8 1. p. 507, 1113; V 83. p. 717, 1082. 1&18.)
CII 1C A OO S U B W A Y C O .— Incorporated In New Jersey N ov. 21 1904
and Is the holder of over 09 ** % of the $30,0 0 0 ,0 0 0 authorized nml outstand­
ing stock of the Illinois Tunnel Co. and or the stocks of the Illinois Tele­
phone Construction Co. and the Chicago Warehouse & Terminal Co.




IN T E R E S T OR D IV ID E N D S .
Rote
/fc

When
Payable.

1,800,000
M A S
2,000,000
J
ft K •J A
2.000.000 Up to 3 % when
M A N
4 g
70,067,700
S
17.361.180
5 g
M A
74.854.100 5 Ji In 07
Ouar
6
A
12,500.000
J
J
.)
61,581.000
4 g
J
A
M A N
16,134,000
4 g
4 g
A A O
See text.
('
6,000.000
A
41) K A
1 .905.000
A
5 g
A
<)
1 1,000,000
A <)
A
3 g
150,000
A
7 C
J
1)
430.000
6
J A
.)
3,500,000
5 g
J
A
J
3.325.000
3 g
J A
J
275.000
A
J
J
6 g
3 .4 1 1 ,000
M A
N
5 g
100.000
3 g
F A
A
660,000
4M g A A o
See text.
.1
J
3.000,000
3 g
J
.1 A
4 g
J
A
(7)
J
5.8 -0,0 0 0
■U)
F A x\
5 g
00(1.000
A
A O
2 .7 /3 ,0 0 0
A I)
J
G2
IN.530,0** 7 111 1007
11.259,91 1 7 In 1007
123,000
8
t . 4 18,000
6 g
0,070,000
ft
6 11,000
n
350,000
5

P
F
.1
M

A
A

A

A
A

.1
M

A

A
A

Where Payable, nnd by
Whom.

Bonds— Princi­
pal, When Due.
Stocks—Last
Dividend.

Mar 1 1030
Duly 1 1930
July 1 1930
Nov l 2002
Sept 1 1913
lot. 2 •08 1%
July 1 1917
Jan l 1988
May 1908-1918
April 1 1034
April l 1908
Oct
1 1921
A p ril l um t
June 1 1027
July l 1925
Oct
l 1919
Jan 1 19 40
July 1 1919
May 1 1932
'To Aug 100,8
April I00H -I910
1956
New York and St Louis Jau 1 1927
Jan 1 1937
New York
\ ug ’0 8 -I-Yb 17
First Tr A Sav Bk, Chic Oct
l 1024
Guaranty Trust Co, N Y June l 1035

Dent. Palmer •' Co. N V
J iti '08 cp not pd wh due
earned
First Nat Bank, N Y
do
do
Ollluc, II ft ll’ woy, N V
First National Bk. N Y
do
do
do
do
do
do
N Y . Speyer A Co
First N at Bk. New York
do
do
do
do
do
do
do
do A Phlla
do
do
do
do A Phlln
do
do do
ilo
do do
do
do do

A Office, i n
do
A
do
.1
N
do
do
O
.1
do
N
do

B 'w ay, N Y A ll* ; »
do
Alir 20
do
July i
May 1
do
do
April l
do
Ian 1
do
Nov l

1007 3><
1007 3)4
1908
1918
1019
1030
1013

The Illinois Tunnel Co. had completed, A u g. 1007, GO miles of tunue
equipped with narrow gauge electric motors and ears, designed for th.
trariHicrof freight between the various railroad terminals In the City o f Ch“
cago. aud from these terminals to and from the downtown business district
and between business liousCb.
It Is stilt engaged In developing and extend
lag the system.
The authorized stock of the Chicago Subw ay Co. Is 3 50.not),(loo, of whleh
9ft,0 00.000 rtunntUN In the treasury unissued; par value of shares 5100 .
It
has no Indebtedness except ns covered by n statement o f the Indebtedness
of Its subsidiary Companies.

The Illinois Tunnel Co, owes n 5 3 , 500 ,01x1 loan, made Sept, lima, and se­
cured by the pledge of 97,500.000 Illinois Tunnel 3s. and an additional 51.­
000,000 loan, made June 1 1907 . *<cuicd by 55.500.000 Illinois Tunnel ft®,
these pledged bond-' nor being Included In tlm 5 1 ,700.(100 outstanding as
shown In table above. 'The llseal year ends Dee. 31. — (V. 84, p. 220, 1366,
1427.
C HICAG O TE R M IN AL TR A NSFER R R .— P R O P E R T Y constats of
passenger and freight terminals In city of Chicago, linen of railway leadlug
thereto, nml a belt line around the city. Company owns 760 acres of land In
and adjacent to the rlt) . of whleh 90 acres are In the center of the business
district; 0 U 0 Include1’ 7,300 fern of dock property on Chicago River.
Nearly
all land. Including that upon whleh tracks have been built. Is owned In fee.
Track owned. 84 m .; lease, from Chicago Junction R y .. 1 1 in,: trneUagc.7 m .;
total, 101 in . 2nd track, 67 m .: sidings, 116 m .; total all tracks, 281 miles.
H IS T O R Y .— A reorganization In Juno 1897 of Chicago A- Northern Paelfto
and (Illicitizo & Calumet Terminal. Han V M . p mha. « « 3 .
On April 16 1907 (he lower court granted the petition of the Halt. A Ohio
for permission to pay off the 6 l3 .l4 0 .0 o o firm mortgage bonds which were
called for payment on May 3 1907, the h o b h n to receive the amount found
to tie due under the decree with Interest from the date of the latter (Feb. 20
1907) to May 3. The foreclosure sale, whleh had been set. for MnV 3 . was
enjoined to enable the stockholder* to tost the validity of the II. A O . lease.
V. At. p. 9,10. 867. 1182; V. 8 3 . p. 921.
The option or the ll. A O . oh the minority preferred a lock expired Dec. 31
1907. but It lr thought may be taken up Inter.
V. 8 3 . p . 403. 863. 1200;
V. 8(5. p. 52, 107.
In Stmt. 1907 plans were being worked out for the Joint use of property
by the 0 & a , and Chic. Burl. & Quincy. V . 85. p. 722.
Minority stockholders' committee (tiro. I. Mnfeom, Chairman; H . S.
Mott, See), lepremmts about 36.fu o.ooo preferred nml 51. 800,000 common

stock.

V 81. p 367; V

a :.,

p. U»3. 120o; V 86. p. 53. 107.

On May l l 1906 63.300,000 of receiver's gold certificate* were authoilzed
to provide for elevation of tracks; 6200 .00 0 Issued to Dee. 1007, 'They are
to be n lien prior tom tge, of 1807 and payable on demand.
V, 82, p. 113ft.
T E N A N T S .— Balt. & Ohio, Chicago Great W estern. Chicago Junction
Pore Marquette (the la-«t named since Dee. 1903). See V , 77, p. 918
21381 V. 79. p. 001. Minimum rentals receivable from tunants amount
to 5313.500 annually. See V . 7 9 , p. 2084.
S E C U R IT IE S . — Stock
1 3 . 000.000 com . and
4 % noncu m . pref. Of the 516.300.000 30-year 1st Is. 3 1.305,000 were reserved
to retire assumed bowls. V . 7 9 , p. 001. See above.
-

.—1

. LA TES T E A R N I N G S . M007

Sl7.ono.000

................ Gro.v*. 6143,270; net. 5149,615

■,

R E P O R T ,-—Report for year ending .Tune 30 1906 given In V. 8 3 , p. 816,
shows, gross, 51.761,832: net, after deducting taxes, $178,129; Interest
6637.800: bal. , <b f . s i 79.671.
Pres, and Gen. Mgr . j . S'. Falthorn. Chicago, III.: See. and A «st. Trras.
W . T . Winner 2d. 28 N .v wi S t., N. Y .; C om p., r . M. Itunilngton.
Ulreq
tors May IU07. V. 84. p. 1307 * (V. 86. p. 52. 107.)
CM (CAOO & W ESTERN IN D IA N A R R .— Owns a valuable terminal
lyntrm of rond.i atfon llo, rntrauru Into Chhvuto to tlm roatia nomcil below.
I t . line* extend from Dearborn Station. Polk S t .. CldraKO. to Dolton, 17 m v
nl,o to InillntiA State line, in m ., to Dratrln. in m .. and to Soutii Cltleaico. 6
m .: total. 4* in.: total track, Including Jd, Nil, Itb tracks ami aiding,. :* 0
rn.: also owns over I.non acres of real estate. paiixcogor and freight yards,
warehouse*. elevators, &e. The Dell R y. o f Chlcagu leases ami oiicralea
82 miles O f the San miles owned hy the ClI. ft W . I ., Its securities being all
held by the companies teasing tlm Chlrago ft VV. I.: see V no, p. ions.
L E A S E S ,— T ill. company's road and termlnnls are leased itnder perpetual
contracts to the Wabaxli, the tlrand Trunk W e s t., the ChlcaifO ft Eastern
Illinois, the ChlcaifO ft I5rlc and tlin Chicago Irullanapolla ft Louisville, each
o f which five comprintr* owns *l.U00.0Ui) stock, 'they arc also leased to
tne Atchison, the Elgin Joliet ft i ,
toil Hell itv. Annual rental mult
always exceed at least
let. on bonds out ’t.tildlmr. V . 7 * . p. *11).
D IV I D E N D S .—
1’05. ’DO. 'U7, ’(la, 'nn, ’ DO to '07.
100*.
p e r c e n t ....................................) 7 t4
n a t l O
O yearly. .Ian.. 1 I*
B O N D S .— The general niurtjr.iifc bonds arc drawn at loo and Interest In
such annual amounts ax will rotlrc the debt hy mnturlty.
O f the consol 4s of l o o ; (authorised Issue lan.oon,onni, t U .l2 n .n o o
hex been sold on account of track elevation and other Improvements. t » .fir,o.tioo additional were used to refund bonds canceled by operation of the
slnktihr fond. tfMOO.oon arc reserved to retire imdcrlytihf b e a d , nml t2 3 .
Ana.noo for future additions erpml to at least the par vnltlc of the bonds Is­
sued. V . 7 A. n. 7A2, OOfl; V . * 1 , p. M 27.
In .Ian. l ’ot7 t8.ono.ooo .x.ycar a n o t e s were sold, seeurctl by deposit
o f 1 10.000.000 consol. 4s. V . 8 4 , p. 2J0.
A N N U A L 'ticP O R T — F'tsrni year ends Deo 81.
Report for 1008 was In
V. 8 8 . p. H I . showlmt Itroxs Income, ,1 .7 8 1 .0 1 8 : Interest. ftr.. 81.8111,233;
d lv s.. tSOO.OOt): l«tl.,.sur., t ’ 7 .4 1 3 .
(V . 88. p. 154, 408. 133*,)
Ct l l l l RAMt JA ft PACIFIC MR___Completed April IBOO from OlilhnahH*.
M e x ..tn xtlnaea. 125 miles
Extension friitn El Carpto Jet. to Tcmnsaohlo.
M e * .. 83 miles, wa< opened Oct. 1003. See Kansas City Mexico ft Orient
statement nml V 7 1 . p. i s ] .
Stock is *;,fl0n,0tm i oar of ahares. tlUU.
Hoods, see table above.— (V . 70, p. 0 02; V . * 4 . p. *113.)
C H O C T A W O K L A H O M A ft O UL F MR.— See. Clilo. R [. ft Pao. R y.
CI MA RRON ft NOR I II W1:S I ERN R R .— V . * 4 , p. 300

J

a n

, 1 0 0 8 .j

47

RAILWAY STOCKS AND RONDS.

R A I LUO A l)S .
For explanation of column headings, A c ., see notes
on first page of tables.

Miles
of
Road.

Chicago St Caul Minn A Omaha— (Concluded)
C St P M A O inert $30,000,000 ($13,000 p m) _Ce.c
do
do
coiwols Interest r e d u c e d ....
Chicago Southern -Sec Southern Indiana.
Chicago Sub— III T 1st M $30.000.000 g , red 1 0 3 .GC
Chicago Dock M assumed red 103 (V 68, p 3.13) . _
Notes secured by 2d M Chic Dock due $333,730 yrly
Chicago Term Tr R R — Ch A Gt W 1st M gold A M 'd ..o *
City of Chicago purchase money mortgage assumed
Receiver s certs $.i 300,000 authorized gold . . . .
..
Chi Term Tr 1st M S I5.140,000 pa d.by 11 A O Oct*07
Chicago A Western 1ndiana —Stock (see t e x t ) _____
General mortgage gold sink fund sum to call 1 0 3 . . c'
Consolidated mortgage $50,000 ,000 gold ..I C .c 'A r
Coll notes, secured by bonds red par.......................1C
Chicago A West .Michigan—See Peru Marquette R R
Chicago Wisconsin A Minnesota— See Wisconsin Cent
Chihuahua & Pacific— 1st M $2,000,000 g o ld ..........Ma
Choctaw A Memphis— Sec Chic Rock Isl A Pac R y.
Choctaw Okln A (Julf R R — See Chic R I A Pac Ry.
Cincinnati llluffton A Chicago— 1st M $1,300,000 g.c*
Cincinnati Oayton A Ironfon— Sec CIncIn llarn A Day
Cincinnati Find A Ft W — 1st M gold guar end red . N.c*
Cincinnati Hamilton A Day ton—Common stock ..........
Receiver's certificates (see text) extended red par.
do
do
do
extended red p a r ..
Second (now Drat) mortgage g o ld ................................c*
General mortgage $7,800,000 g old .......................M«.c*
Cincinnati Dayton A Chicago first mortgage............
CIncIn Day A Ironton 1st M g guar (assumed) _C«,c*
Refunding mtgo to h< $ 11,283 ,000 g o ld . .U s m .c ’ Ar
N ew mortgage $50,000,000 authorized.................... C<
Gold collateral notes subject to call at 1 0 1 ............ Cc
Coll tr pur money nou s $ 14,283 ,000 g red p a r__.C c
Car trusts gold $34,000 due send an beg Oct *00.Co.c
Oar trusts $02,000 dtic semi annually.............................
Dayton A Michigan first mortgage guar p A I end . .c
CIncIn A Ind Waatcrii— See Chicago CIncIn & LOUls v
a $ 1 5 .0 0 0 .0 00 additional pledged under collateral 4 ^

Date
or
R on d s.

1880
1880

IK T B R E S T OR D IV ID E N D S .

Size, or
Amount
Par
Value. Outstanding

Rate
%

$ 1 ,0 0 0 $ 1 5 ,1 2 4 ,0 0 0
1 .0 0 0
3 * 2 6 3 .0 0 0

0
3H

J

J

A
•Sc

M

J

&

A

&

When
Payable.

1003
1800

1 ,0 0 0

1886

l boo

1*1)00
1807

1002
1007

""* 1 * 0 0 0
1 .0 0 0
100
1 .0 0 0
1 ,0 0 0 & C
1 ,0 0 0 * C

1 7 ,0 0 0 ,0 0 0
6 6 5 .0 0 0
6 6 7 ,3 0 0
3 9 4 .0 0 0
6 0 0 .0 0 0
2 0 0 ,0 0 0
N «v t e x t
5 IIUO.UOO
6 ,4 0 9 .6 6 7
1 8 .0 9 3 .0 0 0
8 .0 0 0 .0 0 0

180

1905

1 ,0 0 0

2 ,0 0 0 ,0 0 0

0 a

.1

_

190*1

1 .0 0 0

6 0 0 ,0 0 0

0 e

M

02

1003

l ,0 0 0
100

80

...

01

■us 8 0 - 0 2
— -

80
61J
0.*.
167

142

%

IIMI6
18H 7
1802
1802
1801
1001
10 0 5
100.1
1005
1004
1881

1 ,0 0 0
1 .0 0 0
i ,o o o
1 ,0 0 0
1 .0 0 0

_

1 ,0 0 0
1 ,0 0 0
1,0 0 0
1 .0 0 0

1 .1 5 0 ,0 0 0
8 .0 0 0 .0 0 0 S e e
5 1 1 .8 3 0
f» l 1 , h ;io
2 .0 0 0 .0 0 0
3 .0 0 0 .0 0 0
1 ,2 0 0 , 0 0 0
3 ,5 0 0 .0 0 0
1 1 ,5 5 8 . n o o
a 2 .5 0 1 ) .0 0 0
1 5 .0 0 0 .0 0 0
915 000
1 ,2 8 8 .0 0 0
2 ,7 2 8 .0 0 0

4 R
4

5 *
0
4
0
0
4
5

g
g

iC
e

D O f f i c e I II
L>
do

B ’w n y . N .
do

J ot ids•
— / ‘H n cl
pal. When Dus
Stocks—Last
Dividend .

V. June
June

D F i r s t N a t Die. N Y : f t C h i c
O N o r th e r n T r C o . C h ic a g o
J
D .M e r c a n t ile T r u s t , N Y
M
A
N T o C ity o f C h ic a g o
M A N j ............ ........... . .
A
J S ee te x t
j
C h ic a g o
j -■
3—M
J P M o r g a n ft C o . N Y
.1
A
J l l t T r ft S I l k . C h i n ; f t N Y
F
A
A III T r A S a v U k , C h i c a g o

Jc

J

4 g
M
tex t.
T
6
6
4 .4 g J
J
0 R
4
A
5 g
M
4 e
J
4 *1 R J
4 4 e M
4 v
J
4 4 g !A
4 h R -A

8

Where Payable, and by
Whom.

1 1930
1 1930

H co
1929

1 1928

M ay

l

Jan
Due
J u ly
F eb

1 08
1H
1 1932
l 1952
1 1910

A

A

J, O ffic e , 80 B r o a d w a y ,N

A

S T it le G u a r A T r C o , N

A
N T ru st C o o f
ext
C in c in n a ti

A
A
A
A
A
A
A
A
A
A
A

.) j
1)
(J

Y Jan

1

1955

Y Sept

1

1933

Y

M organ A C o. N Y
do
do
do
do
N
do
do
J
do
do
J .I n n 0 6 c o u p o n n o t p a i d
S M a r c h *0 6 c o u p o n n o t o i l

J

P

A rn er. N

1938

N’ o v
1 102$
D e e 2 4 1911.1 2 %

Jau
I 1937
J u n e 1 1942
A p ril 1 1 942
M a y 1 1941
Sec l e x t .
Jan
1 1055
S ep t l lo o s

o J F M o r g a n A C o . N Y T o A p ril 1 1 916
O R W l n t h r o n f t C o . N Y A p r 0 8 O r t *14
J J P M organ A C o. N Y
Jan
l in n

n o tri,

C IN C IN N ATI B LU TP TON A CMICAOO R R .— {Sec M ap.) — Projected
from Huntington to Union City. Ind.. 70 in ., of which niullton to Hunting­
ton, 52 m .t completed; remainder to be early In 1008.
V . HI, p. 1182.
Stock. $ 1 ,1 2 5 ,0 0 0 , all of one class. Issuable at 115.000 per mile;
par o f shares, 1100 each.
Bonds, see table above. V . M . p 4 4 0 ; 000.
For l mos. ondlng Apr. 30 1007. gross, $20 ,3 5 1 ; net. $ 13,045 , lo t. and taxes.
$1 0 ,7 8 7 ; bnl.. iiir.. $2,2 7 8 . V . 84, p. 1182.
For tl m os. ending N ov. 30
1D07, gross, $ 7 1,857 ; surplus over charges. $ 12,025 . For year ending
Dee. 31 1008 , gross, $30,837; net, $7,463; other Income, $3,748; Interest
and taxes, $ 12,058 ; bn l., def., $1.7 4 7 .
I'res.. S. H. Hrace.y; See., Charle.i
Blackburn; T re»>,, Henry George. Office. 610 Tribune B ldg., Chicago.
III.— (V . 82, p. 1211; V . 84, p. 4 4 9 , 5 00, 1182; V . 83. p. 0 21. 1576.)
C IN C IN N AT I F IN D L A Y A FORT W A Y N E RY — Owns Findlay, O ., to
Fort W ayn e, Ind., 80 m ,: also connecting link with the O n . Ham. A D.
from Delphos to Mandate. 1 2 m .. completed O ct. |3 IU04.
V . 7 7 . p 88.
6 04. Leased to Cincinnati Hamilton A Dayton for » » years from Nov 1
1903. with privilege of renewal for like periods forever
V 78. p. 286.
Stock, $ 1 .2 5 0 ,0 0 0 . all owned by the Gin. Ham . A D ayton, which guarantees
bonds, principal and Interest.
Mortgage Is limited by special agreement to
$ 1 ,1 5 0 ,0 0 0 . or »bout $12,300 per mile.
Bonds are subject to call at 102 u
and Interest.
V. 78. p. 286, 3 42, 7 01.
Form o f guaranty. V . 78. p. 701.
— (V . 70. p. 2606.)
C IN . (le O R d B T . A PORTSMOUTH R R .— See Street Railway Section.
C IN C IN N ATI H A M I L T O N * D AYTON R Y .—-The system Includes:
P r o p r ie to r j roads—
M iles.
Hoad owned— (a See this Co.) M iles.
Cincinnati to Dayton, O ............ ..
59 Cincinnati Ind. A W estern........... U301
Dayton to Ironton, 0 ........................167 Cincinnati A D ayton......................
13
Dayton to Dclphos. 0 ...................... 0 > Columbus Findlay A N orth ern ..
18
Trackage .............................................. 02 Bowling Green U R _____ _________
1U
Roads leased—
Ptqua A Troy Branch.......................
8
Dayton A Michigan_______ ______ ni42
CIncIn. Find. A Ft. W a y n e ............. uOl
Homo Avo. R R .......... ........................
3
Total of all..................................... 1,038
oSco separate statements.

B n control o f the Pore Marquette R R ,; also ow ns Dayton * Union
Jointly with Cl*v. Cln, Ch. A St. t„ and Jointly with Southern lly . controls
Uln. New Orl. & T ea. Pao. a y . V. 75, » . U78.

NEW C O N T R O L , Ac. — In Sept. 100.1 the Eric HR. arranged to acquire
control by nurohase through J. P. Morgan * Co. of about 55,000.000 slock,
hut the obligations o f the C, II A D. under leases and other contracts, be­
lli* found unduly heavy. Mr. Montan. In Nov. 1005, relieved the Erie of Its
purchase, V, i f , p Iuu9. On Dec. 4 1001 Judson Harmon of Cincinnati
was appointed receiver o f thaC. II. A D. and Pere Marquette. Die Healing
debt of the system belli* about 18.000,000. In April lomi foreclosure suit
was bronchi under the 4
mortgage of null and steps . It
under «tood.
were proposed to foreclose 4 h % notes of 1805. V. 12, p. 803 , 1040.
The receiver obtained authority to Issue JiMl.ltlo receiver's certinvates
to nay the Interestrtuu Jan. l luoaonC . II. A l). and Here Marquette bonds,
The certs , sub. to call at par, are a lien on eiulre properties, respectively,
no mention hr.lmr made In order ns to priority over bonded debt. V. HI.
'• 1517: V. a:', p, tail. The same amount of ecrtlntates was Issued to pay
.V
,Illy Ilian coupons. V. 11. p .It), ilfto, lu.ia. n i l . The .Inn. 1007 and
aler roupons were paid from earnings. V, 1-1. p. 101.

R E P O R T .— R e p o rt fo r y e a r e n d in g J u n e 30 1007 In V . 11, p . t o o n .
........
Year etutlnq June 30 —
•—
■”
11)06-07.
1005-06.
1904-05.
Miles o p e r a t e d _________________________
1 ,038
1.038
1.038
G ross e a rn in g s .............. . . .......................... $ 9 .0 )8 .8 5 8
$8,510,153
$8,106.1 17
N et Ineo 10 c ..................................................
1,987.275
1.607,718
1.785.120
D ed u ct Interest o n b o n d s .........................
2,220.615
2,24 0 .4 3 4
1,324.744
Interest on hills p a y a b le
_________
261,345
117,247
20.792
D lv. pr of, s to c k D . A M. R R .............1
96.900
r
D lv . c o m . s to c k D . A M. R R _______ |
83,8ur
D lv . c o m . Stock R o m e A t e R R ____ i
366.665)
3 8 5 ,6 6 9 1
3.000
D lv . t o m . sti c k C . I ,A tV , R R ____ I
138.095
O th er r e n t a l s ............................... ............J
120.920
D lv . p r o f. s t o c lt C . II. A D . R y _______
122,534
................ $2,848,629
Total ...................... ............................
5 2.755 349
*2148.807
Surplus.........................................
$ 3 6 1.3:.4df$ 1.117,031
d $363,770
Ol
I'IC U R S .— Pres.. F. D . Underwood; T rras.. J. I;. Howard; See.
Thus. .1. W alsh: A sst. Treas,. I), w . Dlgoncy: A sst. See.. David llosinan.
Directors— G eo. W . I'erklas, F. D. Underwood. Charles Steele, Geo. F.
Halter, Geo w . Young. N. (1. Ream ami II- I'. Shoemaker, New York;
Olias. A . Otis Jr., .1. II. Clarke anti R . R . Rhodes, Cleveland, (lhln; N .
Monsarrnt. Columbus. Ohio: W . 1.. Derhant. Middletown. O hio.— (V . 84.
p. 1 0 1 ,5 0 7 .5 0 3 . 1.111. l i s t : V 1 5 . p. 60 .1 , 0 2 1 , 10 0 .1 ; V . It), p, 101.)
C IN C IN N ATI IN D IA N A P O L IS A W ESTERN R R — Ham ilton, O , to
Snrlnglleld, III.. 280 rn.; Sldell. Ill . to W est Liberty, 78 m trackage. W est
Liberty lo O ln e r .1 m. A consolidation Sept. IIOZ; V. 78 p. 2 .1 8 , 2 1 0 , 107.
7.12. Stock authorised 3 1 .200.OOO; '*«urd. 3 7 , 1 15,100; all owned by C H .
A I)., which received dividends thereon In 1002-01, 3 12 0 .700: In luuS-04
3 )0 7 ,3 2 2 : lu 1004-05, 5130.093.
B O N D S .— The "h rst ami rebinding" 4s of 1002 (31,200.000 authorised
Issue) are guaranteed, principal and Interest, hy C. II A D, by endorse­
ment on each; 3 1 .7 22.thm wire Issued lu exchange for 's i
•.....■
which 31II.U00 In the Cln. H am . A Dayton treasury: S3.478.oop are reserved
to retire Ind. Dec. A W est. Is.
V . 71, p. 1201, 1353; V . 77. p. 1200. lorm
of guaranty, V . 7 1 . p. 2011
The I. D . A. W
bond ora redeemable by lot at 1 10 at any time on eight
.. . bonds
weeks nolloe; 3 11 3 3 ,111m are guaranteed by Cln. Ham. A D ayton. Car
trusts Juue 1 0 0 0 , 3140,000
% equlpmen* notes, due yearly
H i l l , Inclusive. Interest M . A N .— (V. 711 , p. 551 10 .)

4

to Nov. 1

C IN C IN N AT I INTER -TER WIN AL RR.— Own a road a mites In length
connecting iheClics A Ohio hrldge and the Cln. H am . A . ayton terminals.
Controlled hy Che*. A Ohio R y. Com stock. Sin,(mu. In lio n shares Issued
for purpose of control. There will be Issued 3 1 . 00 u.nnu of 1 st preferred 4 \
cumulative stock, secured by mortgage to the Union Savings dank A Trust
Co. of Cincinnati, as trustee, and rentals paid by Ches A Ohio and Louis­
ville and Nashville, and subject to call on any Interest day alter Feb. 1 1 0 1 5
at 105.
V . 711. |). 212; V . an, p. 172s, 2388. 2820 .
Rentals received to
June 30 1007. 341.00H; dividends paid. 331.301); luil., sur.. Jo Oln. Pres .
Geo. VV. Stevens.— (V , 00, p. 202n.)
C IN C IN N AT I LEBANON * NORTHERN R V .— Owns Clnelnnatl. O ., to
podds. 3 1 miles. Including 0 miles from Lebanon to Dodds, leased to the
Dayton l.cb . A Cln. R R .; Middletown Jet. lo Middletown. O ., 14 mllea
(former Mid. A Cln. R R .. taken over Jan, 1 1003): total. 32 miles
Stnek
authorised, 3 1.100.000; outstanding. 31,100,000 mostly owned by Penn. Co.
V . 7 1 , p, 0 10.
Dividend of 3 1 4 paid hr 1808. Of Hie * l ,1 0 0 ,non llrst con­
The slock holder* voted Oct. a 1007 to rnueal the lease o f the Pent Marq.
reorganized III Dee, 1007 and lo settle all questions between the uvo roads sol. 4s of 11)02. guarantees! prln. and Ini by the Pennsylv, uln t'nm panv.
by arbitration. V. K1, p. a l l .
* 2 0 0 ,noo are rcscrv>-d to retire the Is due roio,
V . 7 7 . p. 10. CM. year
Kino, gross, * 1 2 0 ,01 )5 ; net. 381,701 ; other Income, *3 2 .7 6 1 . Int. oil liond.
Committee roe Itetun.tUuj Is of 1004.—A committee. James N. Wallace,
Chairman; Fred. t), Itandall, Secretary (Central Trust Co., deoosltaryl. *6 1 .6 4 0 ; additions anti Im pts., * 5 .4 0 0 ; dividend (3 % ) *3 3 .0 0 0 ; b al., su r.,
*1 1 .1 1 7 . -IV . 77. p. ao.)
requested deposits. V. M . p. ffl04.
'
Committee torO^UVerat 4 J < % X o t e ,—Jamr* N. Wallace, Chairman. V.
C IN C IN N A II A M U SK IN G U M V A l.L e V RR. -I.Srr M a p . o f fenm i/lItl.P. lan-l, 173,1; V .I J .p , 100. SSI, 10.1.
rnnta « « . ) — Owns M onow . O .. to Trlnwoy. O .. 145 miles; halt Interest
As lo iruaraiity of Interest of Toledo Term. HR. bonds,see that company. Zanesville Terminal R R .* 5 miles. V , 77, p. 1 6 ,
STOCK.— In 1004 most ol the 50.825,500 ft % pref. ami all or the ft 1,074,Successor Aug. I 1 1 1 1 1 to Clnelnnatl A Muskingum V a l. Rp.. foreclosed,
100 4 74 pref. Stock was purchased by the company at 31 lu and Him per v . 17, p. 27. O f the bonds $ 210,0110 are reserved for future needs- sinking
share, respectively, V, 78. p. 735, 785,002, 1441. See notes of 1001 below. fund retires yearly I % of those outstanding, if ndrrrd at par or Iras. The
DIVIDENDS since consolidation
November. Una, to Au*.. 1000, Pennsylvania Company guarantees the bonds, principal and Interest. Seo
form of guaranty, V 7a. n. 613
Stock, * 2 ,0 0 0 ,0 0 0 . all owned Jan. I 1807
Preferred, Issued In I«U1...................................... 174 yearly.
by the P lu s. Cln. Chiu. A S t. L. R y.
Dividends; lonu. 0
1001 to 1808
On common, 2% paid Dee. 24 1003; none since
ln r l.,2 % yearly; 1007. I %
Penn. R R . owns 5 1 .311.nun of the * 1 .7 1 0 .0 0 0
BONDS. fto.—The stockholders on Joe. 12 100ft authorised a new mort
bonds. Car trusts, *112,000 3 4 s . payable 3 2 2 ,40U yearly lo June 1 0 1 2 .
to secure 550,000,000 of 4 rj 74 bonds, of which 52ft.onn.uim to he reserved
Report for 11)05 was In V. « 2 . p. 1 4 0 1 ,
to retire at or heforo maturity a like amount of exlatln* bonds shown In Yr. <nd. Dec. 31.
G 'o it.
S et Inc.
I uteres/ ntrhtrruis, Italone*.
table (none or widen except tho Dayton A Michigan bonds, can be c l
3104.376
360.100 (2 "..I *4(1.000 1S4.87B
U
in
o...................... ... 3545.3118
tended). V. 70. p. imno: V. in. p in*
1805 . : ...................... 704.1104
170,713
64 000
(27,1 40,0110 71.752
The 111.00u.rtuo cold collateral note* of 1005 are secured b y an equal
Payments In addition ro above lu lima were * 5 0 ,7 1 0 for addition*. Im­
am ount o f consol, I tax. Din greater part (57.710.noni o f the preferred 4 •; provements, A r ., (against *17 ,4 1 5 In 1001). and 316.331 on account of
am ft % stock o f the C. II. A !>.. 3.170.000 bonds or constituent com panies, Interest. ( V .8 1 . p. 270; V 8 2 , p. 140.1.)
and 7.101 shares of Southwestern Construction Co. stock, representing joint
C IN C IN N AT I NEW O R L EA N S A IIIX A S PACIFIC R Y .— (.See M a p of
ownership with Southern tty. of oonttol of Cln. N. O. A Texas Par. Hy.
Proceeds used eliteljy to reflre prr(. stnek and pay In part for control or I’ crc Southern tit/ ) — Operates Cincinnati Southern R y ,. owned by city of Cin­
Marti. U R . V. .to, p. i o n .
In Juno 1007 offers o f 70 lint were. It lu re­ cinnati. Clnelnnatl to Chattanooga Term.. S.v) in.; trarkare. 2 m ’ in
Jan. 1003 the entire stork of the llarrlman A Northeastern R y ., 20 mile*,
ported. made for bonds, v . a i , p, u a o
The refunding 4» of 1804 cover all the road directly owned, the lenses of was acquired, but road Is operated separately, V, 77 p 1743
In 1001 lease war extended on years to O ct. 12 i960; rental until O ct. 12
the Dayton A Michigan and l lmllav Kurt Wayne A Western, and arc fur­
ther secure,I hy deposit of 311 ,600.600 Pere Marquette common stock and 1906 was modified beginning July |2 1902 to 3 1.050,000 yearly, the remain­
57,115,100 (entire Stork Issuel of Clnelnnatl Indianapolis A Weetcrn HR. ing slu.ouo uer quarter to be d r f .n c l as It a rm ies and to be paid quarterly
at rate of 740,000 yearly, with Interest on deferred payment* at 3 ; rental
V. 70. p. 212; V. NO. p. 1D2; V. a 1 . p. u 1,
Stockholders will vole Feb, 2 tom on auihorttlnv a sopplcm»nt to the under renewal to be * 1 ,03u,uoo yearly for llrst 20 years, then 3 l.1 0 0 .0 0 u for
20y ears thereafter 3 1 .2U0.UU0. V. 73. p. 722; V . 74, p. 1251,
Pref. stock
refunding mortgage providing that the principal shall mature July 1 m u
ft% cu m ., with no voting power, but prior rights on dissolution. V . 7 4 .
anil limiting the nuthoriWd amount to *14,210,000: also an lime of 1 1< year 0.
6 21, 129.
purchase money I % gold nples dated .fan I lima of like amount to he Issued.
D IV I D E N D .— Dr) pref., 1 1 ( 2 ;, paid quarterly S cot. 1 1902 to Dec 1907
3 for 3, In exchange for said bonds and to be secured by deposit thereof of
which *3,721.000 to be reserved for retirement of Dayton A Michigan 5s both Inclusive. On com m on, z r , paid Dec. 1 ions out o f accumulated
due Jan. 1 lu l l . V* 86 , p. low,
earnings to June 1903: Sent. I 1904. 2 ” 0; June 1001, 3 % ; D ec.. 2 % ; June.
..l % : D ee.. 2 4 % : 1807, 5 % (J. A D .l . On April i 1900 51 .ano.ooo
OUARANTIF.S.— Guarantee* securities o f Cln. Ind. A West.. Dayton A l o■;,o onotes
were Issiuxl to pay Tor second mein track and other improvements,
Mich, and Cln. Find. A Ft. Wayne: also so33.000 Ind. Deo ft Weal ft* and ft
payable
ftioo.ouo semi-annually to April 1011 Inclusive. V . 13 ;> 1221.
36,000,000 Pere Marquette refund. 4».
In N ov. 1907 3100.000 3-year 0 % notes were sold. V . 1 5 , p. 1331.




is

VoL. l.XXXVl.

RAILWAY STOCKS AND RONDS.
R A IL R O A D S .
Date Six*, or
Am ount
of
Par
Road, Bonds. Value. Outstanding

A tiles

F o r exp la n a tion o f colu m n Headings, A c ., its nacti
o n fir s t page o f tables.

of

Clncl n IrwJ A W « » l— Ind Dee A: I n o t guaranteed. . .Ca j 202 1 189n
W l*t At gold red at n o . , (guar n a 1 (e n d )____ c
\1895
381
C I & W 1st do ref M $8,200,000 g gu p A I e n d -.T a
1903
Clnclnn* ti I nfer-Tcrrolnal RR— 1st pfd stork (see text) T e x t .
Cincinnati Lebanon & Northern— First mortgage. . . . c
38
1886
1st con M $1,500.000 g gu p A I eml (V 75 p 1598) .0*
52
1902
Cln & M ink Vnl— 1st M $2,000,000 ir gu P A 1 cn d .F .c *
1898
148
Clncln N O & Tox Pac Jet— Com stock J 3 .0 0 0 .0 0 0 ..
Preferred stack 5 % cumulative 5 3 ,0 0 0 ,0 0 0 .................
Notes, dtlC 5150,000 semi annually..................................
19U6
1907
Equip, trusts due abt. $85,000 s. n. (V . 78, p. 1301)
1904
do
do Scr 15 due $1)7,000 scml-nnn. lV .8 2 ,p .0 2 8
1906
Cincinnati Northern— 1st M J3,000,000 c o ld . .rt.c *A r
1901
Cincinnati Richmond & Pt W — 1st M fo ld lilt gu & r..c*
86 1871
Clearfield & Mahoning— Stock 0 % rental.......... .. ...........
First mortgage gold guaranteed D R A P ____ O.c* Ar
*20 189*3
Cleveland Akron & Columbus— Stock $ 4 ,0 0 0 ,0 0 0 .. . .
General mortgage (now first) g old ....................................
177
1887
First consol M $ 4 ,0 0 0 ,0 0 0 ]guaranteed p A 1 e n d . . .
1900
old sinking fu n d ......... \ not gn aranteed._____ _
1000
and Cliulnnail Chlcm-o A M I ..— Coin stock. . .
Preferred stock 6 % non cum ulative................................
G I St L A C con M drawn nt 105 sinking fund 1 % .a*
175
1880
Gen 1st M J10.000.000 gold s f not draw n.C e.cAr
1886
301
Clevc Col Clncln A Ind consol mortgage (see text)
1874
Gen consol mortgage (J12.000.000) gold. U r. c * Ar
301
1884
Indian A St L 1st At In 3 series of $ 0 6 7 ,0 0 0 .. U*.c
72
I860
72
2d M (J2.00o.000) gold Imllanap to Terre H .c *
1882
Cl Cln Ohio A St L W hite W a t V a I Dlv 1st g ..C e .c *
62
1890
Spr A Col Dlv (Col Sp A Cln) 1st M g old ____ Ce.c*
45
1890
Cairo Division 1st M J3 ,000,000 g o ld ............ Ce.c*
267
1890
St L Dlv collat tr gold ($351,000 In s f) ...C e .c A r
104
1890
203
1891
Clncln W ab A Mlon Dlv first mort. g o ld ------ U«.c*
Gen M 100 years for J50.000.000 g o ld ___M c .c 'A r 1,021 1893
Notes $ 5,000,000 gold c & r . . . - ..................................
1007
Obligations for P ro p rieta ry L in es.
Cincinnati Sandusky A Cleveland— Preferred stock,
' ‘>■•1(dated (now Hr
10.000).......Id. AR,r
170
1888

H

S

; i ,oo«
1.000
i .ooo
too
1.000
1,000
1,000
100
100
1,000
1,000
1,000
1,000
30
1,000
100
500 Ac
1,000
1,000
100
too
1,000
1,000 Ac
1,000
i .ooo
1,000
1,000
1,000
500 Ac
1.000
1,000 Ac
1,000
1,000
1,000 Ac

L A T E S T E A R N IN G S
- i I 0 i »7
_____G r o s s .
6 m o * . . J u l y 1 t o N o v . 3 0 . 1 1 0 0 6 ...............G r o s s ,

$ 3 ,8 1 0 ,1 2 1 :
3 .5 2 5 ,0 7 0 ;

n et.
n et,

$ 8 2 3 ,5 8 2
6 6 2 ,9 2 3

ANNUAL REPORT. —

R e p o r t fo r y e a r e n d i n g J u n e 3 0 1007 was In V. 8 5 ,
li- 1 3 9 3 . a l lo w i n g , g r o s s , $ 8 , 7 6 3 , 7 7 3 : n e t . $ 1 , 7 3 2 , 3 3 8 ; o t h e r I n c o m e . $ 1 8 5 ,
1 4 7 ; r e n t a l * , J . 2 3 3 . 0 2 5 ; I n t e r e s t . $ 1 8 3 , 9 1 5 ; im p t .s ., $ 1 1 6 , o n o ; d l v . o n p r o f .
( 3 * ; , ) , 5 1 0 0 , 0 0 0 ; d l v . o n m i n . ( 6 % ) , $ 1 3 0 , 0 0 0 ; b a l . , a u r ., $ 8 4 , 6 4 6 .
In
1 0 0 6 - 0 6 . g r o s s . 3 8 , 4 5 4 , 8 9 7 ; n e t , $ 2 , 0 0 2 . 2 2 6 . — l V . 8 3 , p . 1 3 3 8 . JOT.)

1

C I N C I N N A T I N O R T H E R N R R . — (S ee At up Cleveland Cln, Chicago A St.
L o u is . ) — O w n s F r a n k l i n , O . , t o J a c k s o n . M i c h .. 2 0 8 m ile s ; t r a c k a g e ( C . C ,
O . A S t . L . ) , F r a n k l in t o C i n c i n n a t i . 3 8 rn lles; a t J a c k s o n
1 m il e .
S u c c e s s o r In J u n e 1 8 9 7 o f C i n c i n n a t i J a c k s o n A M a c k i n a w , f o r e c l o s e d .
V . 6 5 . p. 62 1; V . 72 . p, 3 3 8 . 1034. 1135; V . 7 3 , p . 31 .
T h e h o ld i n g s o f C l e v .
C l n . O h io . A S t . L a r c v a l u e d 1n b a l a u e e s h e e t o f D e o 3 1 1 0 0 4 a t J 1 . 1 0 5 , 3 8 7 ,
V
76, p 434. 457.
S T O C K , $ 3 ,0 0 9 ,0 0 0 .
F o r 1(1 m o s . g l i d i n g O c t . 31
1 9 0 7 . g r o s s , $ 8 3 8 , 1 1 4 , n g n ln x t $ 8 6 2 ,0 0 0 In 1 9 9 6 .
In y e a r e n d i n g D e e . 31
1 0 0 6 , g r o s s , $ 1 , 0 2 7 , 7 2 8 ; n e t I n c ., 5 2 2 8 .3 8 8 ; c h a r g e s . J 0 5 . 8 9 2 ; b a l . , s t i r ..
J 1 3 2 ,6 9 6 .
P r e s .. M . E . In g a lls .
< V H I . p. 1 3 1 4 ,)
C I N C I N N A T I R I C H M O N D A P O R T W A Y N E R R .— O w n s fr o m R i c h ­
m o n d . In d . to A d a m s . I n d ..
i n .; le a s e s
m . o f P. F t. W , A C .
N ow op­
e r a te d (S e p t 1 0 9 7 ) b y G r a n d R a p id s A In d ia n a R y
R e n t a l , n e t e a r n in g s .
I n t . Is g u a r a n t e e d b y t h e P e n n s y l v a n i a C o . a n d P i t t s . C l n . C h lo . A S t . L . C o .
J o in t ly ( t h e P . C . G . A S t . L . t a k i n g t h e p la c e o f t h e C ln . H a m . A D a y t o n In
1
)
S t o c k . $ 1 . 7 0 9 . 3 1 3 ( p a r $ 0 0 ) . o f w h ic h P e n n . C o . S e p t .
!Q o 7
o w n ed $ 1 ,2 6 7 ,9 9 9 .
D u e g u a r a n t o r s S e p t . 3(1 1 9 0 7 , $ 1 , 3 7 3 , 2 3 9 .
Y ear en d in g D ec. 3 1 .
G ross.
N et.
In terest, A c .
Balance.
$ 1 2 7 ,2 6 8
$ 1 4 0 ,1 8 4
d o f. $ 1 2 ,9 2 6
1 0 0 6 ........................................... $ 6 5 7 ,8 9 7
1 0 0 6 ............... ............................ 6 2 0 . 5 2 6
1 1 4 .4 5 1
1 2 6 ,0 0 0
c le f.
1 1 .5 4 9

86

5

888

39

C L E A R F I E L D A . M A H O N I N G R Y . — {See M a p Duf. Jtoch. A Puts,) —
O w n s r o a d , c o m p l e t e d In 1 8 9 3 . f r o m D u D o ts J e t . . P a . , o n B u f . R . A P . , t o
C le a r f ie ld o n B e e c h G r e e k R R , .
m ile s .
L e a s e d d u r i n g c o r p o r a t e e x is t e n c e
a n d r e n e w a ls t h e r e o f t o B u f f a l o R o c h e s t e r A P i t t s b u r g h — w h ic h s e e — a t a
r e n t a l p a y a b l e In g o ld a n d e q u a l t o 6 % o n $ 7 5 0 ,0 0 0 s t o c k , p a r $ 5 0 , a n d 5 %
o n b o n d s , t h e l a t t e r b e in g g u a r a n t e e d , p r in c ip a l a n d In t e r e s t , b y I n d o r s e ­
m e n t o n e a c h .— ( V . 6 1 . p . 7 1 0 .)
CLEVELAND
AKRON
A COLUM BUS
R A I L W A Y - { S e e M aps of
Pennsylvania R R . ) — O w n s fr o m H u d s o n . O . . t o C o l u m b u s , o . . i l l m i l e s ;
D r e s d e n b r a n c h . K l lb u c k t o T r l n w a y . 3 3 m . : A o p l o C r e e k b r a n c h ,
m .:
H o w a r d c o a l b r a n c h , 4 i n . : c o a l s p u r s , 4 m . ; t o t a l o w n e d , 1 0 4 m il e s ; t r a c k ­
a g e , T r l i n v a y t o Z a n e s v i l l e . 17 i n .
O w n s a f o u r t h In te r e s t In A k r o n A B a r
h c r io u lic it H R ., 2 4 m .
V . 76, p. 433.
C a r t r u s t s o u t s t a n d i n g $ 6 7 0 ,5 1 ,0
d u e $ 7 5 ,1 6 2 y e a r ly ,
P e n n . C o . t o o k c o n t r o l J u n e 1 1 8 9 9 . p u r c h a s in g $ 2 , 2 3 7 , 5 0 0 o f t h o J 1 .0 0 0 •
• 0 0 s to c k (p u r $ 1 0 0 ) .
D i v i d e n d s , 2 % y e a r l y , S e p t . 1 0 0 1 t o S e p t . 1U03J
, 3 % ( M . S . ) ; 1 9 0 7 , M c h ., I
% ; S e p . . 2 % . O f 1 st c o n s .g o l d 4 s o f 1 9 0 0
( C o i m n 'l T r u s t C o . o f P h i i a , . t r u s t e e ) , $ 1 . 0 2 3
a r e g u a r a n t e e d , p r in c ip a l
. o o a r e r e s e r v e d t o r e tir e
a n d I n t e r e s t , b y t h e P e n n . Company, s .
_ e n e r a l 5 s d u e. 1 9 2 7 ; V . 7 1 . p . 3 0 0 ; V . 7 6 . p . 6 5 3 : V . 7 7 , p . 1 7 4 6 , 2 2 8 0 .
th e g
R e p o r t f o r 1 9 0 6 , in V . 8 5 , » p . 3 1 5 . s h o w e d , g r o s s , $ 2 , 0 4 6 , 5 6 7 : n e t . $ 4 7 6 ,4 9 1 ;
o t h e r I n c o m e . $ 6 , 3 9 6 ; I n te r e s t o n b o n d s , $ 1 0 8 ,3 1 0 ; d i v i d e n d , $ 1 2 0 ,0 0 0 ( 3 % ) ;
r e n t a l s , $ 3 0 , 0 8 6 ; b a l . , s u r . . $ 1 7 3 , 9 9 2 . — I V . 8 5 . p . 2 1 5 . 7 2 2 .)

26

9

1006

4

,000
1 8000

C L E V E L A N D C I N C I N N A T I C H I C A G O A S T . L O U I S R Y . — {See M aps
R . R R .) .
H O A D . — R a d i a t e * fr o m I n d i a n a p o l i s , I n d .,
w e s t e r ly t o C h i c a g o , P e o r i a , C a i r o , 111., S t . L o u i s , e a s t e r l y t o S a n d u s k y .
C l e v e l a n d C o l u m b u s a n d C i n c i n n a t i . O . a n d s o u t h e r ly t o L o u is v ille .
H I S T O R Y , A c . — A c o n s o li d a t i o n o f t h e C in c in n a t i I n d ia n a p o lis S t . L o u is
A C h i c a g o R a i l w a y C o . , t h e C le v e la n d C o l u m b u s C in c in n a t i A In d ia n a p o lis
U n M w n y C o . a n d t h e I n d ia n a p o lis A S t . L o u l f R a i lw a y C o . , m a d e In J u l y
1 8 8 0 , p r p la n in V .
. p , 127
O f t h e c o m . s t o c k , $ 3 9 , 2 0 7 , 7 0 0 w o e In D e c .
1 0 0 7 o w n e d b y t h e L . S . A M ic h . S o . R y . , ft m a j o r i t y o f t h e e n t ir e s h a r e
C a p ita l
V . 7 2 . p. 8 6 ; V . 8 2 , p . 749.

N. Y . Central A II.

18

'T h e c o m p a n y Is a l s o o n e -f o u r t h o w n e r o f P e o r ia A P e k in U n io n R y .
( t h r o u g h H ie P e o . A E a s t . R y . ) , o n e -f o u r t e e n t h o w n e r In T e r m i n a l R R .
A s * * hit* r.
’ » I .o i i l * . a m ! t w o -f i f t h * o w n e r o f I n d i a n a n . U n i o n R y . , a n d
a rt ow n er o f C en t
'n d l a n a R y . , C e n t . U n i o n D e p o t A l t y . o f C i n c in n a t i.
U n io n D e p o o i C o l u m b u s . D a y t o n U n io n R y . , D a y t o n A U n io n R R . , M u n o le B e lt R v i n d F i n d l a y li c i t R y . . w h ic h a r e o p e r a t e d I n d e p e n d e n t ly .
I.taxed and controlled —
Owned directly—
ties.
M iles,
C le v e la n d , O . , t o C o liim h u s ,
. . 1 3 8 C i n c i n n a t i A S p r in g f ie ld R y . —
G a l l o n , O . . t o I n d i a n a p o l i s _______ . 2 0 3 C o l u m . H o p e A u r c e a f b g
U R ...
D e l a w a r e t o S p r i n g f i e l d . . . ................... 5 0
J o in tly operated —
C in c in n a t i t o L a f a y e t t e ......................... 1 7 3 C h i c . I n d . A S t . L . S h o r t L in e . .
l o d la n n p n l l/i t o T e r r e H a u t e ................ 72
Truckage In to C i n c i n n a t i , A c . .
32
H a r r h o t i B r a n c h . . ............... ........ . . .
T rackage
lu to
J e ffe r s o n v i l l a .
Leased— entire stock ow n ed —
I T ra c k a g e In to T o le d o ( V . 7 9 . p .
C l n . L a f a y e t t e A C h lo . R y ...................
1 0 2 3 , 2 6 9 6 ) ...............................................
48
C a ir o V i n c e n n e s A C h i c . R y —
C a ir o 111 , t o T i l t o n A b r a n c h . 2 6 7
T o t a l I n c lu d e d In e a r n i n g s . 1 .9 8 3
S t . L . D lv . T . I f. to B . S t . L . .1 9 3
O perated: earns, kept separate—
C o l u m b u s S p r in g f ie ld A C l n .—
P e o r ia A E a s t e r n R y ............................
°v
S p r i n g f i e l d .. 4 6 C in c in n a t i A N o r t h e r n ......................
W h i t e W a t e r — H a r r is o n , I n d .. to
K ankakee A S eneca R R . . . . . . .
42
H a g e r s t o w n , T n d ..............
6 2 M t . G i l e a d S h o r t L i n o ........................
C ln . W abash A Michigan fly*.— *
L o u ls v . A J e ffe r a o n v . B r id g e . .
B e n to n H a r b o r to R n s h v llle A
B r a n c h ..................................................... 2 4 9
T o t a l o f s y s t e m D e o . 31 ' 0 6 . . .
$
O t h e r lin e s
............................................
T r a c k a g e 111. C e n t . I n t o C h lc .\
C i n c i n n a t i S a n d u s k y A C I a v e .R y . —
O n p e r c e n t a g e b a s is ..................J
S a n d u s k y , O . i<- D a y * n , O . . A o , 1 7 0
O perates independently —
• S e e th is c o m p a n y
D a y to n A U n . R R .
47
_
.
..
D o u b le tr a c k
........................ . $18
I n D e e . 1 9 0 7 a n e w d o u b l e - t r a c k l n o fr o m K v a n n v t l l e t o M t . O a r m o l.
I n d . 3 0 m ile s , w a s u n d e r c o n s tr u c tio n .
V . 8 3 . p. 8 1 7 . 10 08 .

7
57

.t0

44

44
20
44
63

•331
*243
2
*3
2 62

C A P I T A ! - S T O C K . — T h e s t o c k h o l d e r s v o t e d J u n e 2 1 1 0 0 5 t o In ercfts0
t h e c o m m o n s t o c k f r o m S 2 8 .7 0 0 .0 0 t ) t o 3 4 0 .0 0 0 .Q U 0 i V . 8 0 . p . 1 4 2 3 . l o l l .
2 3 1 3 . 2 3 0 0 ; V , 8 J , p . 2 6 4 ; V . 8 3 , p . 7 5 l ) , n tn l cm O c t . a I IQOfl t o $ 5 0 , 0 0 0 , 0 0 0 .




When
Payable.

6 g
J A J
$2,229,000
.1 A
J
083,000
5 g
J
A
J
4 g
4 ,672,000
F A A
4
650,000
200,000
ft
J
A
J
1,291,000
4 g
M A N
F A A
1.750.000
■i c
3.000.000
A 1)
In IIIII7 J
2,000.000 3 In 1907
C— M
3
1,030,000
A A O
6
4
595.000
M A S
1.649,000
(? M A N
4
J
A
J
i .ooo .ooo
J
A 1)
1.800.000
7 g
6
J
A
730.000
J
J
050.000
A J
5 g
4.000.000 See text. M A S
1,800,000
3 g
M A
s
F A A
1,023,000
4 g
67 2,000
F A A
■i it
47.056,300 4 In 1907 M A
S
10.000.000 5 In 1007
I
V
641.000
6
M
A N
7,399,000
•i e
(, — p
-1.138,000 7 or il g J
A D
3,205.000
J
A
J
6 g
2,000,000
7
Various
500.000
6 g
M A N
650.000
4C J A J
1,103.730
M
A
4 g
S
5.000.000
4 g
J A J
M
10,000,000
4 g
A
N
4,000.000
4 It J A J
22.903.000
4 g
A
J
D
J
A D
3.000,000
5 g

50
1,000

S T O C K . — C o m m o n , $ 3 , 0 0 0 , 0 0 0 , c o n t r o lle d In I n te r e s t o f S o u t h e r n R y *
a n d C in c in n a ti H a m ilto n A D a y t o n R y .
V . 6 1 . o. 26: V . 6 5 . p. 1173.

IN TE R E S T OR D IV ID E N D S ,
Rate
%

428.097
2.571.000

6

5 g

Central Tru»t C o .. N Y
do
do
J P Morgan A C o .. N Y
Cincinnati
Cent Tr A S D Co. Clncln
do
tlo
Farmer* L A Tr Co. N Y
Cincinnati
do

iu .i s
IU34
11143
Pell
HUM 2 %
Jan
1916
Nov 1 III 12
Aug 1 1948
Dec ,‘ :i MOV 2 H
POO 23 1907 1 M
To April 191 1
Dev
1 Hilo
lllalr & Co. New Vorlc
M a r'0 « Mar ' l l
Equitable Trust C o .,N V M a y ‘0 8 -M a y ’ 16
Guaranty Trust. Co, N V July 1 1951
June 1 1921
Winslow, L A Co, N Y
Jau 1 190H
Checks mailed
3d W all Struct. New Vorlt Jan 1 1943
Sept 24 *U7 2 %
Check* mailed
Winslow, Lan A Co. N Y Mar l 1927
Aug 1 1940
Hamilton Trust, Bltlyn
Aug l 1940
do
do
J P Morgan A Co, N Y Sept a IU07 2 ’/,
do
•Jan 20 08 1 k
do
May l 1920
do
do
do
do
AUg 1 1936
do
do
June 1 1914
do
do
Jan 1 1934
do
do
Inly 1 1910
do
do
Nov 1 1912
do
do
July 1 19-10
do
do
Sept 1 1940
do
<lr>
Jan t 1930
do
(to
Nov 1 1900
<lo
Inly 1 1991
do
do
do
June l 1993
do
do
June 1 1011

M A N

do

do

J

do

do

J

Bonds — Princi­
pal. When Due.
Stnckx — Last
Dividend.

Where Payable uttd by
Whom

Jan
Jan
Jati

i
I
i
1
l

Nov J 1007 a H

dan

l 1928

T h o $ 4 , 8 0 6 , 5 8 0 s u b s c r ib e d fo r b y s t o c k h o l d e r s a t 0 0 In 1 9 0 7 c a r r ie s nil d i v i ­
d e n d s a c c r u i n g a f t e r M a r c h 1 1 9 0 7 ; $ 2 , 2 4 9 , 7 2 0 .a d d it io n a l w a g s o ld t o S e p t .
1907.
V . 8 3 , p. 08 7. 1200; V . 8 4 . p. 1217.
D I V S .—
I
* 9 3 . * 0 4 . *0 6 . *96. '9 7 . '9 3 . ’ 0 0 . ’ 0 0 . * 0 1 .
’ 0 2 t o ’0 7 .1 0 0 8 .
C o m m o n ..}
3
0
0
0
0
0
0 3 3 H 4 y r ly .. . .
P r e fe r r e d J
5
5
3
&
2
H
5
5
5
5 y r ly .
J a n .H i
B O N D S . — T h e s in k in g fu n d p r o v is io n o f t h e Cleveland C olum bus C in c in ­
nati A In d ian apolis consol, bunds ( s t a m p e d ) h a s b e e n c a n c e le d . T h e p r in ­
c ip a l o f t h e s e b o n d s Is p a y a b l e In g o l d , b u t t h e In te r e s t I* p a y a b l e a t o p t io n
o f h o l d e r , e it h e r In la w fu l m o n e y a t 7 % p e r a n n u m o r In B r itis h s t e r li n g a t
6% .
O f t h e In d ia n a p olis A St L ou is 1 s t 7 s . s e r ie s " A " a r e J . A J , ; * c r lc «
* * B . ” M . A 8 . : s e r ie s MC . " M . A N .
S t. L ou ts D iv isio n bonds, s e e d e e d o f t r u s t . V . 3 2 . p . 4 2 - 4 3 ,
The
- tear m ortgage o f 1 8 9 3 in l im it e d l a $ 3 0 , 0 0 0 , 0 0 0 ,
In J u l y 1 0 0 7
-i v e d ror p r io r lliui
■ f < a t r o d lv l
P e o r ia d i v i s i o n . M ic h ig a n d iv is io n a n d t h e S t . L o u is d iv is io n w e s t o f T e r r e
H a u t e ) , a n d $ 4 , 7 4 8 , 0 0 0 fo r e q u l p m ’ t . e o n s t r 'n a n d b e t t e r m e n t s , A c . , $ 1 , ­
y e a rly .
See V . 7 8 . p. 1416; V . 7 9 , p . 733; V . 8 3 , o . 37 0.
G u ar­
a n t e e s C h i c a g o I n d ia n a p o lis A S t . L o u is S h o r t L in e R y . . C e n t r a l I n d i a n a
R y . a n d S p r in g f ie ld U n i o n D e p o t C o . b o n d s .
V. 77, p. 610, 617, 769,
1363. 2280; V . 78 , p, 1900. 1961; V . 7 9 . p. 2689.
J o i n t l y w it h f o u r o t h e r r o a d s c o v e n a n t s t o p a v N e w Y o r k C e n t r a l lin e s
J oint (J
.
.
) 5 % e q u ip , tru st o f 1 9 0 7 .
V . 8 6 . t». 1 4 0 1 : V . 8 0 . p . 1 6 8 .
G E N E R A L F I N A N C E S . — G u a r a n t e e s I n te r e s t o n L o u is v ille A J e ffe r s o n ­
v ille B r id g e b o n d s l o l u t l y w it h t h e C h e s . A O .
V . 68, p. 822.
On June 30
1 9 0 4 o w n e d s t o c k In C b e s a p o a k e A O h io r e p r e s e n t in g n n o u t l a y o f $ 2 , 4 5 3 . ­
. C in c in n a t i A N o r t h e r n R R . s e c u r it ie s c o s t i n g $ . 1 0 5 , 3 8 7 a n d a n In te r e s t
In t h e C e n t r a l I n d i a n a R y , c o s t i n g $ 4 3 0 ,0 2 7 .
V . 7 1 . p. 395; V . 7 5 , n. 45 5;
V . 7 7 , p . 61 7; V . 7 9 . p. 9 1 2 .
C a p i t a l s t o c k p e r m i l e o f r o a d o w n e d D e c . 31
1 0 0 6 . $ 2 7 ,7 0 0 .* b o n d e d d e b t , $ 3 6 , 2 4 2 .
In
$ 1 1 , 3 0 0 , 0 0 0 s t o c k w a s s o l d a n d In 1 9 0 7 $ 7 , 0 5 6 , 3 0 0 ( o f w h ic h
$ 4 , 8 0 6 , 5 8 0 s u b s c r ib e d b y s t o c k h o l d e r s a t O n ),
See S T O C K a b o v e .
In
M a y 1 9 0 7 $ 5 , 0 0 0 , 0 0 0 4 y e a r 5 % n o t e s w e r e s o ld .
V . 8 1 . p . 1247.
E A R N I N G S . - F o r 1 0 m o s . e n d i n g Q C I. 31
. g r o ss. 5 2 2 ,2 7 2 ,0 8 1 .
a g a i n s t J 2 0 .3 6 H .r 8 o In 1 Q 0 6 .
F o r s ix in n s , e n d i n g J u n e S o a s fo l l o w s ;
6 .M o s .—
Oross.
N et,
Oth.tnc. [stC H 'esAT ax.nal.forniv.
$ 2 ,7 2 3 ,0 6 2
$ 5 3 ,7 8 8
$ 2 ,2 3 5 ,5 1 0
$ 5 4 1 ,3 3 2
1 9 0 7 _______ $ 1 2 , 4 3 9 , 7 7 1
1006
............ 1 1 . 3 0 2 . 5 1 9
2 .6 1 2 .4 8 3
7 6 .1 6 3
2 .1 3 7 .9 1 1
4 4 9 ,7 3 4

5

100 1

000.000

30 000000

669

1

1905

1907

Dividends on the preferred stock (2J 4% ) call for $299,962 during each
om u l, and on tho com. (i% iiu a r .t for $891,160 in 1 9 0 7 . against $661,755
III 1906, leaving dcf. $649,790 (a 1907, against def. $511,983.
REPORT
- R e p o r t fo r y e a r e n d i n g l i c e . 3 1 1 9 0 6 w a s In V . 8 4 . p 9 2 7 ,
1004.
1903.
1906.
1 ,8 9 1
1 .0 8 3
1 .0 8 3
M i l e s o p e r a t e d ................
$ 7 ,4 6 2 ,5 6 8
1 6 ,3 7 9 ,0 6 6
P a s s e n g e r e a r n in g s ............................................... $ 6 , 9 6 3 , 8 6 4
1 3 .0 1 5 .5 0 7
F r e i g h t ......................................................................... 1 5 , 6 8 3 , 7 3 3
1 4 ,2 9 1 .1 0 3
1 ,6 7 3 .0 4 5
M a l l , e x p r e s s , A c ..................................................
1 .9 4 7 ,3 1 9
1 .8 4 7 .5 9 0
T o t a l e a r n i n g s ...........................
O p e r a t i n g e x p e n s e s .....................

.$ 2 4 ,5 9 4 ,0 1 6 $ 2 2 , 5 1 7 , 7 6 3
1 6 .8 7 0 .3 4 6
. 18,432,713

N o t e a r n in g s . . 2 ...............
T o t a l n e t I n c o m e ....................... ..
I n t e r e s t o n b o n d s , A c ___ . . .
T a x e s ....................................................
R e n t a l s , A e ......................................
D iv id e n d s o n p r e fe r r e d , 5 % .
D iv id e n d s o n c o m m o n , 4 % .

. $6,162,202
. $6,370,771
.
3,189.115
.
831.631
.
285,203
.
499.923
. 1.611.754

$ 3 ,6 3 8 ,4 1 8
$ 3 ,8 7 0 ,8 0 6
2 .0 7 6 ,9 0 0
7 4 2 ,1 9 6
2 9 0 ,0 6 8
1 9 0 ,9 2 5
1 .3 2 8 ,9 6 0

$ 2 2 ,1 4 1 ,1 1 0
1 6 .1 3 1 .1 1 3
$ 6 ,0 0 0 ,0 0 7
$ 6 ,2 0 4 ,2 1 4
2 .0 8 1 .1 1 2
6 7 8 .6 0 7
2 6 0 ,6 6 9
4 0 0 ,0 2 3
1 .1 1 9 .6 1 2

Balance, s u r p l u s ..................................
$53,053
$41,300
$750,300
O F F IC E R S .— Pres.. W m . I I . Newman, New York; Vlco-Proaldents, J
D. L ayng, E . V . W . RosxUer, \V. C. Brown and John (.’armensen, O, E.
SchnlT, A . H . Harris and O. F. Daly; S e e., DwIglH VV. Pardee, New York;
Trcfts..C ha8. F .O o x , New Y o r k : Auditor. P . \. llcwItt.ClncInnntl. Ohio.
Director*.— W illiam K . Vanderbilt. Fred'k W . Vanderbilt. Chauncev M.
Depew, J. Plcrnont Morgan. 11. M cK . Twonably, James D. Layng. William
II. Newm an. W alter P. Bliss, o f New York: Alex. McDonald and M. F.. In ­
galls, Cincinnati; James Barnett. Cleveland, O .- ( V . .S3, p. 3 43. 1401.)
C L E V E L A N D LORAIN 4 W H E E L IN G R Y . — (See M a p B , A O . ) — O w n *
from Lorain. O ., to Bridgeport. O ., opposite Wheeling, W . V n.. 138 m .; Les­
ter to Cleveland. 28 ns., and branch to Uellalrn, ( ) ., 6 in.; total. 192 in.; and
ha* trackage Into Wheeling.
V . 8 0 , p. 1174.
H I S T O R Y .— Operated by the Balt. A Ohio, which owns about 78 5$ of
the stock. See that company and V. 72. p. 480: V 73. p 236.
S T O C K .— Common. $8,000,000. and pref., non-cura. 5 % . $3,000,000,
par $ 1 0 0 . After 5 % on each, both stocks share alike.
V. 00. p. 1058.
D IV I D E N D S .— On pref 1896. 3 % ; Dec. 1904. 2 J > % ;'Q 3 to Oct. * 0 ? .6 % .
B O N D S . - O f t h e J t o .o o o .o o o c o n s u l, r r f u n d l n g g o ld t i f * , th o r e m a in in g
J 6 .o u o .o o o a r e r e s e r v e d t o r e t ir e o l d 5 s .
V 7 0 , p . 23«». 4 8 0 .
ItE P O R T .— Report for y e a r ending June 3 » 1007 war In V. 86. p. 1393,

showing, gross. $1,612,668; net. 81 .8 1 1 .6 9 5 ; charge*. $568,462; Im p ly,
$ 1 7 3 ,0 0 8 ; dlv. on pref ( 3 % ) . $230,000; Iml . $818,122. — (V. 8ft, p. 1005,
I J 9 5 .)

C L E V E L A N D A M AHONING V A L L E Y R Y .— Owns from Cleveland. O ..
to Sharon. P a ., 81 mllea (57 double track); Niles. O .. to New Lisbon. O ..
and branches, 4 4 mile*.
Leased to Nypano R R . (formerly N . Y . Penn. A
Ohio) till 1 06 2 ; rental $823,067 per annum. Coupon Intercut 1n J .A J .,
registered Interest. Q .-J . Stock Is $ 3,239,200, of which $3,258,250 Is held
by “ Atlantic First Leased Line* Rental Trust C o., L im ited ," of London.
Dividend* in 1807, 1 3 X (% ; tana to to o t, both Inclusive, 1 3 .4 % yearly;
in 1 9 0 3 ,1 1 .4 2 % : In 1000. i l . 4 0 % . — (V . 63. p , 96 « .)
C L E V E L A N D A M AR IETTA R Y .— Own* from Marietta, O ., to Canal
Dover. 103 rollon, and branch. 7 mllra' Zonr. O .. to Canal Dover, leased
Stock. $ 2 ,nno,'non, of which tho Pennsylvania Co. Sept. 30 1007 owned
$1.7 *8 .6 0 0 fpsr $100); surplus earning* over charges go to C. A M.
Dlvl
deads paid In 1006 (3 % ) $60,000; In 1907. 4 % .
BO NITS.— Guaranteed prln, and Int. t>v Penn. C o .: Ringing fund 1 % .
E A R N IN G S . -To 1906.
1906. g
i*ros*,
r o s * . $967,632;
_
net. $200,681; tut. « n bond*,
$ 3 6 ,2 5 0 :

Im p ro v e m e n t*.

1 8 4 ,6 9 6 ;

o th e r

charge*,

$ 5 ,9 3 7 :

d lv s .

(3 9 $ ),

J a n .. 1 0 0 8 . |




RAILWAY STOCKS AND BONDS.

I Vou i.xxxvi.

RAILWAY STOCKS AND RONDS.

>10

IN TE R E S T OR D IV ID E N D S .

R A IL R O A D S .
For explanation or column headings. A c. , sea notes
on first pace of tables.

Date Size, or
Amount
Far
of
or
Road. Ronds. Value. Outstanding

ASites

Rote
%

When
Payable.

Where Payable, and bu
Whom.

Ronds— Princi­
pal. When Due
Stocks — I.asl
Dividend.

CUvoUnd Cincinnati Chicago & St Lout#— (Concl (1)
Nov 1 1963
M A N Central Trust Co. N Y
* 1 .0 0 0 * 1 ,5» 0,000
1903
Central Indiana l*t M * 4,000.000 gold gu ar------ Ce!
12
A A O j i» Morgan a g o . n y April 1 1953
3 .0 0 0 .
0004 g
l .000
1903
C h i & S t L S I* 1st M *3 .0 0 0 .0 0 0 guld guar Co.c* Ar
•
Jan 2 1955
J
A
J New York
4 e
1.000 N oucD eo07
1905
Springfield Union Depot 1st M *300,000 g u a r .. ..C e
.
Louisville A JetfersoiwUle Bridge 1st M — See thalCoj
nd Cincinnati Chicago A St Louis
tidlnna polls St Louis A Chi cago— Se c Clevela 2 Wall Street, New York OOt 1 1907 2 4
Clavclnnd ColumOti* Cincinnati & Indianapolis— Cleveland
5 000
In lo o , IA A O
5 .0 0 0 .
100
Cleveland Lorain & Wheeling — Prcf stock * 5,000.000
.
Oct l 1933
do
do
5
g
A
A
O
5
.0
0
0
.
000
i ,ooo
1803
Consol mortgage (now ilrst) gold . . ...............U»m.c*l
11
June 1 1936
do
do
5 g
J A V
893,000
1 .0 0 0
1890
General mortgage *1.000.000 gold redeem at 1 0 5 . -N
.Ian 1 1030
do
tlo
44 gJ
A
J
4
.0
0
0
.
000
1
.0
0
0
1900
Con ref M 510.000.000 gold red at 1 0 2 .1 * ------ fa.e*
.Ian l 1038
Winslow,
Lan
A
Co,
N
Y
See
text.
2.935.000
5s
1338 1,000 Ac
Cleve 6c M V — Con M now Ilrst) *3.000.000 g ..C « .C & r
4 4 g M A N Farmers L A Tr Co, N V' May l 1036
1.230.000
1 ,0 0 0
1893
Clove fc Mar— 1st M sink fd not drawn gold guar . -F.c*
Winslow, Lau A Co, N Y Dec 2 1007 1 H
7
fi
"
50 t l 247.593
Cleve A Pittsburgh— Stock 7 % guar by Penn UH Co
Deo 2 1907 1 %
do
do
4
8,274.030
50
Special hotterm nt stock *10,738.135 guaranteed 4 %
.Jtt u-Oct 1U42
do
do
4.301.000
■ i« r
1 ,0 0 0
1802
Gen M *10,000.000 gold . ,F l Series A A B ...............c*
1948-1930
do
do
4.887.000
3
4
g
1,000
'08 00
Guaranteed prtn & Inter ISeries C A D .............. c*
Oct l 1942
do
do
4 39.000
3 4 tr
1,000
1392
(end.) Penn R R .............iSeries B ln t. reduced.
Cleveland Terminal A Valley— See Baltimore A Ohio
April I 1919
Elkina,
W
V
a
.
or
Balt
A
A
O
3
.0
0
0
.
000
3
g
1,000
1903
Coal A Coke— First mortgage * 5 ,0 0 0 .0 0 0 g old -----Coal A Iron— See Western Maryland
Cool Kiver R y— See Chesapeake A Ohio
A D Reading Term inal. Phlla Juno l 1898
noo.ooo
100 AC
1808
Colebrookdale— 1st M *503.400 unci Read M of 1 3 0 7 .c
July 1 1047
A
J Central Trust Co, N Y
4 g
0.179.000
1 ,0 0 0
1897
Colorado Midland — First mortgage *10.000.000 . .Ce.c*
July l 1054
A
J
in default
1.000
3 tf
1904
Colorado A Northwestern— 1st M *1,000,000 g o ld ..U »
3
1
0
0
0
,
0
0
0
Colorado A Southern— Common stock * 3 1 ,0 0 0 ,0 0 0 ...
OOt 1 1007 286
8.500.000 4 In 1907 A A () HaUgnr’ton A CO, N Y
100
First preferred 4 % non cumulative *8,300.000 —
Oct 1 10»7 2 %
A O
do
do
8.500.000 I In U
100
1832
Second preferred 4 % non-cumulative * 8 ,5 0 0 ,0 0 0 .
Pel) 1 1929
A
A
Central
Trust
Co,
N
3
l_____
.000 19,102,0011
1.050 18911
First mortgage gold *1 9 ,8 5 3 ,0 0 0
-----------C o.c'
May 1 1935
do
do
100 Ac 17,042.75*
44 KM A N
1005
Ref M *100.000 ,000 gold red 101 hegln l0 0 8 .C e .c #Ar
A p r’ 0 8 'A p r ’ 17
A
o
Guaranty
Trust
Co.
N
Y
■
V
975.000
1
.0
0
0
1907
Equip bond:*, scr A . due s a, red 101 (V 34, p 507) -_<J
Nov 1 1923
A N New York
44 g
l ,000 See text.
1905
Col So N O v* Pac— 1st M *12.000.000 g r e d l 0 2 4 . C e
A u g '0 8 -F c h 17
5
A A ..............................................
1,000
1.360.000
1007
Equip tr notes, due *80.000 s-a. guar by S tL A S F Bn
Jan
I 1930
J
Chum
B
k.N
Y
;
A
Col
Sp
1.7
75,000
1,000
5
g
1900
Col bp & Crip Cr I) Ry— 1st M *2 .0 0 0 .0 0 0 g s f
--C o
April
1 1921
A
o
lnt
Tr
Co,
Donv
A
Col
8p
210.000
1,000
5 g
1001
Second mortgage *1.000.000 gold sinking f u n d . . . .
A o M Trust. N Y ; * Col Spr Oct 1 1912
1.379.000
3
g
1,000
1902
First consol mortgage *3,8 0 0 ,0 0 0 f o l d . . . - - - - f t 0 *0 * *
Mar 1 1953
A S Boston Block, Denver
4.300.000
I ,000
4 g
1903
Colorado A W yom ing Ry— 1st M *7,5 0 0 ,0 0 0 gold . .M e
A
.1 Safe P ep A Tr Co, lialt July 1 1937
899.000
3 g
l.uuo
1887
Col Newb A Laurens— 1st M *12.000 per m ile ..S B *
.
Dec 1 1948
A I) N Y Trust Co. N Y
700.000
1.000
1898
0 g
Columbia Southern - 1 s t M gold *2,1 0 0 .0 0 0 . . . . . . . . N
«
FA A
x Sorted " A ,** i a J;
• n . " a <-n
r , M A X ; MP>

8=iU

100

Ill 1003, gross, *798.351 ; net. * 9 0 .1 7 7 .—
*6 0 .0 0 0 ; b a l.. su r., *4 8 ,8 0 8 .
(V . 7 7 . p. 87.)
C L E V E L A N D A PITTSBU RG H RR .— (See
{See M an Pennsylvania Railroad.)
— Cleveland. O .. to Rochester. P a ,. 124 miles;
uillcs; branches— Bayard, O ., to
Allow Creek
Creek to
to Be
Bdlalre. 43 m .; other
New Philadelphia. 31 m .; Yellow
_ _ _ 3 .. m .;
trackage. Rochester to Plttsb. (P . R . W . A c h ic .). - 6 m ., total, ««7 miles.
L E A S E — Leased for 99 years Dec. I 1871 to Penn. H R . L o .. and lease
transferred to Pennsylvania Co.
Rental, 7 % oil * 1 1.201 863 stock. Interest
on bonds and organisation expenses. * special guaranteed betterment
stock** (subordinate lo the original *took as to dividends on ly), with divi­
dends of 4 'U guaranteed by the Penn. R R ., la Issuable for Improvements,
v . 79. p. 2-1
V 8 3 . p. (125; V . 6 3 . P. 1082.
B O N D S .— Generals are All equally secured; guaranty. V . M , p. 604.
E A R N IN G S .
For r, nms. ending June 3o R)o7, gro>s. *3 ,1 0 3 ,4 9 0 , n< t,
*1 150,030; lnt. on bonds, rentals, dlv. fund. A c .. • * 0 ~ | 1 “J**4/
*037.858 .
»n 1906. gi«» - earns.. *1 0 ,3 6 2 ,0 0 2 ; net, *3.^77,jl(i8. profit to
1..
<<«-«. vvnm SI 771 *71 — (V . 83. tt. 26*3, 087; V . 85, p. 1003, 1082.)
I CLE VELAN D SHOR I LINE ft Y .— Vo ho a belt line connecting eight rail­
roads by tracks remote from ttlA heart of Cleveland. O .. starling at Lorain,
about 20 miles northwest of city. O f thin. 10 it lies to bo OOmpletcd in 1908*
Cost to be about S1 0 .ooo.ooo. V .. 8 6 , ; P* i « 7 .
Pres,, M. A . Fanning.
V P .. Wr. R . Hopkins; S e c.. B. F . Hopkins.— ( V . 8 6 , p. 1167.)
C L E V E L A N D TE R M IN AL A V A L L E Y R R .— (Set Map< HaUlmor* A
Ohio.) __ Owns from Cleveland. O ., to Valley Junction. 75 miles, branches,
I I miles; yard track and sidings, 89 miles.
_
. n
.. ,
- nn
stock
o r the * 3 , 200,000 common (par *50) B. A O. owns * 4,615.300
common and of the * 2 .0 6 0 .7 5 0 preferred. 5949.200; par *100
° B O N D S .— Th e Unit mort. bonds are guaranteed, principal and Interest,
bv the B. A O . endorsed.
Cur trust lcax<* warrants (M L *->7,000. due
*27,900 M iy I yearly lo 1000, Inclusive. DUC B. A O. on gen. account
^ ^ i d T n u r for v*-ar ending- June 30 1907 was In V . 85, p. 1395, allowing,
grov! l l.1 0 8 .3 3 2 ; net. t i l l A M } lnt-. A c ...* 2 8 1 .033; bal.. d e f.. s 10$.
(V . 85, p. 1393.)
c o a l A COKE R Y .— Owns from Lelter, W . V a .. to Charleston, W . V a .,
ir,6 miles: trackage. Loiter to Elkins. 9 m .: Morris Creek branch. 3 m .;
Mab c tl. ilelll.MM. n I 7
branch from Middle Fork ti.(\ < d ty I Oi k. 12 m ,;
total, 207 miles
About 100.000 nerAA o f coal lands arc owned along the
1...5 t o r k ^ t ? ^ l. *i0.0OO,n0O, nil outstanding; 3?® pref., * 1 0 , 000 .ono authorl/od Oct 1907. o f which * 8 .8 8 1 ,OOO Issued to purchase *6,300,000 bonds
-m l settlement of other debts; bonds reduced to *5 .0 0 0 ,0 0 0 . of which * 2 .
imo ooo in treasury.
V 83. p. 1003.
Mortgage covers road and coal lauds.
V 78 p. 47. Car trusts June 30 1907. * 408.000 , due *33,000 yearly.
Re­
port for year ending June 30 looft (184 miles) was in V . 83, p. 1409.
In
1906-07 gross *723.160 ; net. * i 11.59 1; net Income coal dept., *190,884;
total net *243.278 ; lnt on bonds. *182.896 ; other ln t,. taxes, rental*, A c ..
*307 408* b al.. def . *343,116 .
P ics.. II. (J. Davis. Elkins. W . V a .: Sec.,
C \i Hendlcy. W a sh .. D . C — (V. a:., p. 9 2 0 .1 0 0 5 .)
C O L E B R O O K D A L E R R .— Pottstown to Barto. P a ., 12.84 miles. Leased
to Phlla. A Reading R y. Common stock. *297.213; par. *50,
COLORAD O M ID L A N D R Y . —Own* from Colorado Springs to New
Castle C ol., through Busk-1 vanlioc tunnel, 231 miles. Including Snowden
to Leadvlife 8 miles, not operated; Jerome Park branch. 15 mile*: Aspen
b w n ch . 18 miles; total owned. 267 miles.
Leases New Castle to Rllle Creek.
14 miles and Rio Grande Junction R R .. Rlllc Creek. C ol., to Grand Junc­
tion. A3 miles; total owned and leased. 344 miles.
O R G A N I Z A T I O N .— Successor Oct. 1807 to the Colorado Midland Rail
road, foreclosed and reorganized per plan In V . 64, p. 1224. I22A. In May
1090 a majority of the stock was purchased lu the Jolut Interest of the Coloredo * sSu ih w n anil Denver A HH. O r«n.!f . V . 70
CM . 7 8 1 ,0 0 7 . l2ou:
V . 7 1 . p. 28; V 73. p. 1111.
No stock Is held by the public.
Pref.
* ^ B o k <DS — Vn'Iliwm 19()9 *the right to Issue * 500,000 prior lien 4s woa
waived: V . 7 9 , p. 1200; see also V . 7 1 . p. 139.
(V . J - . i». 821.)
E A R N IN G S -3 m o*,. >1907 Grors. 5 l.D i 6 .l6 7 ; net, *239,969
July l to N ov. 39
J190(1
Gross. 1.91)1,281; nut,
326.399
*
a m is
Net. A /( T lac. f Shame*.
R ah no
1906-97
*8.4 5 4 ,0 1 0 *580,391
*19.691
844S.394
rmr*l«6.9K8
1 9 9 3 -0 6 .. .
. 2,132,663
694,735
40,948
3 W-J)61
*UT 123,642
O F F iciC its — Pr«*s., Frank Trumbull; Vice-P res.. elm s. II. SchlacUs;
T r ^ /H . M 1 ( » K ^ T
Steuurt M ncKle. 71 Broadway, New York.
Dire' tors — Grenville M. Dodge. Edwin H aw ley, li. C. Henderson,
George J. G ould, Edwin Gould. Winslow S pierce. Barry Hronnn> R T .
JotTery, Frank Trutnlmll and Chas. II, Schlacks.
(V . 77, p. *.035, -3 8 9 .)
COLORADO

A

N .O. .R
. THW ESTERN

R R — M o u ld e r

to

M ard

C o l..

26

E h i o r a . -v
2 0 m i l e s ; b r a n c h c * . •» m il e s ; t o t a lt. 3 1 m i l e s .
miles; Sunset to Rluor»,
U n io n D
e p o t from
fr o m Boulder
B o u l d e r ov«
o v e ri Colorado
C o lo r a d o A
A Southern
S o u th e rn
Re.u hcs Denver Union
Depot
(third rail).
V. Ho. p 63u
W . It. Hayrs b, rewIVW. V . M i P . 1427.
sto rk . *1 ,009,000.
Bondi, see table above
V . 7 8 , P. 1961. V
79. p
212. 268*. V . 83. p. 864.
Year ending June 3 0 . 1908 . troas. S89.iM6: net
* 6 ,0 2 1 ; oper. e x p .. Including *37,000 for equipm ent.— (V. 85, p. 864.)
C O L O R A D O A S O U T H E R N R Y .— LSes M a p ,) — O p e r a t e a a s y s t e m fr o m
O n n l e t . . W v o u tln g . th r o u g h C o lo r a d o t o l o r t W o r t h , l e x . , a n d b y
t e n s io n * b u i l t t o 1 9 0 6 9 7 r e a c h e s : t i d e w a t e r a ^ a r t l v f i t o t i , l eexx ..,, and
a u d a ls o
Houston, Dallas and other points, viz..: (• which hcc.)

U n i t owned—
Allies.
Cheyenne to Orln Junction..............134
Denver to Hceuuncr Jet., Colo— 129
Denver to Leadv. (iutr. gauge)____132
Com o to Baldwin Mine ( do ) __ 131
Trinidad. C o l., to T e x . St. l in e .. .1 3 3
Oth.llncs.br A<*.(loa nnr. gauge)339
Ptitblo to VVaDonb’g
(Denver A lUo Grande)------------ 38

Controlled —
M Ilas
17
Fort Collin* Development..........
Color ado H R ........................
19
Ft. Worth A Denver C ity............. M 54
Col. Spr. A Crip. Cr. D istrict.. • 75
WlOhlta V alley............ ..................... M 13
W ichita Falls A Oklahoma................23
Abilene A N orth ern ............................ .ifl
Trinity A Brazos Valley................ *4226

Total m ileage............ ..............32,279
Total
. .............................
.1 ,1 1 8
/> Include.) 114 miles iraekftgc.
,\i:,o Own* half Interest lu Colorado M idland, operating 336 mile*.




1.000
, .ooo

6

O R G A N I Z A T I O N .— Succeeded on Jan. 11 IHUU. per plau In V .6 7 , p.
748 the Union I’aclllc Denver A Gulf and Denver LcadvlllO A Gunnison.
Owns a large majority of the common stock o f Fort Worth A Denver city
R y ., which see. Colorado Midland Is controlled Jointly by Colorado A
Southern and Rio Giaude Western.
V. 7 0 , p. 739.
In Mcli. 1902, Edwin
Hawley. Pnw. of Minneapolis A St. Louis R R .. and aMOClato*. acquired
control.
V. 74. p. 679 727. The voting trust expired April I 1905.
Control* Denver A Inter urban (Electric) R y . under constructiontPORLDen­
ver to Louisville J et.. 16 miles, and to operate 28 miles of Col. A S o u .,
which nr« to be elec trilled under lease. V . 79, p. 1266; V . 8 3 . p 793.
In 1905 control of col. Spr A Crip. Cr. Dial. Ry was acquired: uho TTln.
A Brazos VnL. Cleburne to Mexla. T e x .. 79 miles, with extensions building
lot which half interest later hold to St. Louis A San Francisco) , ami VVIcluta,
V a l., Byers to Seymour T e x ., 75 miles. See “ Finances below and V . 8 0 .
p. 1423, 1836; V . 8 1 . p. 1241; V. 82. p. 1)28; V . 83, p. 6 9 3 ., Stockhohlers on
April 28 1906 authorized construction o f a line from Trinidad, COL, north­
. rly about 120 miles to Florence.
V . 8 2 . p. 986.
„
D IV ID E N D S . — 1st pref. 1900. 2 % ; 11)01.3*4 % : 1902..51* % : I0n,3. 4 % ,
1904. April. 2 % ; 1005. none; iOoO and 1997. 4 % (A . A O .) ,
On 2d pref.;
l" B O N D S .— '‘is A l .'Vcc V. 68. p. 1027; V . 7 7 . p. 2158; V . 79, p. 2147.
The m h i,09 i.o hi rt funding bonds «'f lu i&yjotA m
iHsuAhiea** fOUow'i!
For refunding bonds and equipment obligation* of system --------- .* 3 0 ,8 5 0 ,0 0 0
For belief incut* and Improvements, Including equipm ent, at tho
cumulative yearly rate, beginning Jan. 1 1003, of *390 per
mile o f operated and controlled lines............................... ............... 15*90O*OpO
For reimbursement of th« treasury Of the com pany, A c ...............2 ,300,1100
For acquisition o f additional property (Including proper provl*lou for the cost of double tracking Part* of the main Hn<W) . 40 .3 3 Q,000
Equipment bond* or 1907 mntme *51,000 scml annunlly to April l 1014;
thereafter, *32.000.
V . 84, p. 507.
I ll - Fi Worth A Dcm v» I'i i niln il R y.. It wax stated. Authorised an 18mic Of *2,3 9 0 ,0 0 0 3 *.year
bonds dated Dee. I IU')7. V . 86. p. 32.
G E N E R A L F IN A N C E S .— In April 1905 n syndicate purchased about
5 1 7 .000 ,01)0 of the Imuo of *100.000 ,000 refunding 4 4 '.’f, bonds and agreed
to furnixh *15.000,000 cash. Of Dime bonds. *8.000.099 were to be Issued
to take up equipment trust* ("th e paym ent* nn which then aggregated
about *100,090 per an num ") and rertnln other obligations of the Colo­
rado A Southern and the Fort Worth A Denver City, pay for tb 6 CrlpOlA
Creek Short Line RR. and provide working capital, the rcmojnlug *0 .0 0 0 .0 0 0
to pay for a new extension to tho Gulf at n cost of from *17,000 to * - - .0 0 0 a
mile. Including the Trinity A Brazos Valley. No further bond*, except about
*1.900 ooo a year for addition* and betterment*, ean he Issued before lUUU
without consent of syndicate managers.
V. 80. p. 1 4 -3 , 107iljw y v . 8 4 ,
p. 276.
l)i» June 30 DM7. *19,321,917 llAll M en Issued, but * 1 .8 7 9 ,1 0 - were
Tho Rock Island Co. ha* agreed to share equally with
ern In any deficiency In earnings of Trinity A Brazos Valley to meet the
Interest on the bond* (apiuoxlmately * 9 .0 0 0 .0 0 ®
Colorado .v Southern mortgage to construct the road from Pori W orth to
Houston. T e x ., and to pay on May I 1935 (date o f Opl. bo. refunding mtge.)
for an unencumbered half Interest In Trinity A Braxos Valley MncttrUla*
or Join In ro-ilnanclng iwmo. V . 82, p. 9 80; V. 8 3 , p. 6J3,
fiA H .V lN G S .— Iiicluanilf F t. WortU * Denver O ty ftiul ell n«Ul.iti .l lines:
t A M ,.
iw
° | 1 Sm . t s ? a . ' h o f i w
Ij,, In
";.v .i 7 7 i
i.» 2 i.n .v i
ikis . o s i
oa’ .eno
R E P O R T .— Report l i r I'.inn-07 nt lenortti .ahowlnit “ F.'r'ttlu"" of system .
Imlunirw tin. Ft. Worth A. Denver City n n 'lC o l. Snr. *
rln. ( . l ist Ry.
Fori Collins Rev. R y .. Colorado Itll nod WlehlUj Vniley
1s, 1 ' '
,
In , t of tl." portion o f the Trinity A Urn/.ns Volley Inoiieintlo" being In. lutlul
In other Income). wax In V . 8 5 ,p. 8 33. 868; editorial, P-.834.
1993-00.
1004-06.
y en r r ndl no Ju ne 3 0 —
1006-07.
1.663
1 .663
*9 ,443,426
uJoss e sn .in e! !
;
I ! ! : I ! i i ; 1i i a . « « : 3 » n S I « . « « : « «
7,23 0 ,6 1 7
Operating c.apunxeaand taxes________
9.362 ,1 1 4
8,<.i4,ao7

Net earning*............ ................
Total net Income_______ ________
Interest on Imnd*. A c . ............... .
Dividend* on ilrxt preferred. . .
Dividend* on sn ond preferred

...
...
...
.

*3 .8 7 4 .3 7 3
* 3.063,437
1,893,500
(4)840,000
(2)170,900

*3 ,4 3 9 .1 3 9
* 3.596.413
1,830.201
(2)170.000

*2,212,800

6 .2 1 2
. 51,706,1 16 *1,3 9-----------Balance, surplus.................
O F F IC K ItS .— Chnlrmsn, Grenville M. Dodvo. N . Y .i f'rra^. I rnnk Trurabull. N . V .; Gen. Mi/r., Josepli H . Vouue, Denver. Col., bee. Slid T ress.,
fsm ,.. Stcnsrt M scK le. 71 llro.nlwsy. New Vorlt,
,,
...
.
IHr eetnrs— Grenville M. Dotlfte, Henry Utilise, J (lints N. W sllm c, John J.
B m ery! n. P. Yoakum, li.lvvli. Mavvley. I'raifll fTiimbull. I f i m r t H untIturtim W . S. Crsndcll. Levi 0 . W eir. Hans w interfeldtlinll llnrry Brnmier,
N . V : Henry W alters. Baltimore. Alii.
(V. S», l>. BSS. 8SS.)
COLORAD O S O tin iliR N Nil W O R L EA N S * I'A CIP IC R R .— (See 3 .
S . F . A/< p.l
II,it,in Itnu -e. I ... ci» iliiuaton. T S J.. •! >» m .. otivmil .ahuiit
Dee. I 1007: frmn Baton Rnitze to have Illinois Centra! Irasknee to New
Orleans, 130 in. Fxtenilon vvaa bull I from Do Qalpray In Minis on, le x ..
1.17 m .. Inojualmr Kansas Oily bim. traeltatre hntween no Qulncey snd
BcAUiuont, Tex.. 17 m., nn,| the Brxllimont sour M ite A W estern R }.,
Beaumnni to Sour Lake, 33 in., and tho Orsmfo m Northwestern R R .,
.Newton lo Oronye, Tex., 01 in., acquired.
,
,,
The St. Louis ,v San Fran. >,wna all the stork and leases the road for DUB
veal-,. *5 .6 0 0 .0 0 0 of the linn,Is helm: deposited as security for *7,6 0 0 ,0 0 0
St. Louis A San Fran. note,.
V. M2, p. 0 25.
fo n d s , see table nhovc. V .
82, p 399, 868.
Equipment tru*t n o m , guar, by nt. I.OUl* A Bnn Fran.,
V . 8 1 , p. 307. Old uondM o f compnnlef acqulw u. for w hlelibl. Loul* A ban
Fran. gen. Urn bond* o f 1907 are reserved, * 4 2 4 .0 0 0 Orange A western lat
39 year 5* due Sept. 13 1033 and *179,909 BeAUniOIU xSour Lakc A Western
U n i r,* uta'uHn r July i 1933.
I' mv«., A J Davltlxon* Nt. Louln, Mo. (V . 82. p. 086; V'. 84. p. 419. .307; V 85. p. 630.)
COLORAD O SPRIN G S A C RIPP LE C R E E K D ISTR ICT ft Y — Colorado
Springs to Cripple Creek, C ol., 46 m .; branch, Cameron lo Victor, 6 m .;

.Jah .. 1908.)
R A IL R O A D S .

For explanation of tolumn heaitinos. A c ., see nttes
on first paa$ of tables.
Columbia & O r«n v illo — Soe Southern U y.
Colu.nhu. & Toledo— See HocUImt Valley R y.
Coll . .11 bu, A Xenia Smelt 8 % ren tal................................
Combination Bridge (Sioux City la) — First mortgage
C on e, J A Claremont (N I I )— First m ortgage............ o
Concord «t M onlr.ol — StOCll Clan. 1 111 C ^ M pref) . .
StoeU Clas. II ID C * .« new ).......... .................................
Stock Claim III <B C St M old ctoclii................................
Stock Clans 1V (Coneorill *6,000.1)00 autli ( t e x t ) ..
Boston Con A Mon Improvement mortgage............... c
Concord A Montreal con* M for Sft.ftuo.uoo . . IJll.c*
Debenture bandit. $1,110,000 cu rre n cy ............. .c*
do
do
510(1,000 Interest guaranteed
Concord A Portsm outh- Stock 7 % rental 99 yni Cone
Conn A Passumpslc— Prof stock 6 % rental 90 years.c*
First mortgage $1,900,000 g o l d . . . . . . . . . . . . ____ c*
Maasawlppl stock guar same dlv as Conn A Pas.sump
Newport A Rlobford 1st M guar by C A P ............ o*
Connecticut Rlvor— Stock ($1,670,100 authorized)___
Bond* not mortgage for 51,000.000 g old ......................c
Bonds not mortgage..........................................................
.................................................................
do
do
V Val 1st M with $500,000 S Co R R stock as c o l. .c*
Conn (Phi a> -P h lla G A Ch H 1st M guar by P c n n ..r
Conn Ry 3 t< Tf, gold m»>rtgnge 5ft.0O0.000.................
C o o p m lo w n A Su*i| Val— 1st M $200,000 lo t g u a r ..
Copper Range— First mortgage gold (see t e x t ) ............
Cornwall A Lebanon— S to c k ...................................................
First M extended at 1% In 1006 (V . 8 2. p .1322 ) . t
Corvallis A Eastern— First M (5 1 1 .2 1 0 ,0 0 0 )____ Ce.c*
Cripple Creek Cen iral— Common stock---------------. . . . .
Preferred stock 4 % non-cum ulatlvc...............................
Midland Term first mortgage gold sinking fun d.F .c*
Northeastern Culm 1st M 51.000,000 g gu p A I . . K
Cubn RK— I»t M fo ld $20,000 per tnllo............ M o.cAr

M iles Date
of
of
Iload. floods.

5ft
71

166
202
40 Vt

no

37
22
80

24
7
37
10.4
Text
26
26

41
43
53
...
426

Size, or
Amount
Par
Value. Outstanding

5&0
500 Ac
1,000
100
100
100
100
1.000
1881
1.000
1890
1.000
‘07 *99
1,000
1900
....
100
....
luo
1,000
1893
too
....
1.000
1881
....
100
1.000
1893
1001
1.000
1.000
1903
1880
1.000
1883
1,000
1.000
11)02
100 Ac
1888
1899
500 Ac
A0
....
100 Ac
1891
1898
l.oou
100
....
....
100
1891
1.000
1001
1,000
1DUO
1.000
190 ft
1 .000
1902 1,000 Ac
1805
1894
....

other hrnitchc* and spur*, 21 hi : total. 7ft m .t of which 50 in. (itoam, I t ni.
atenin ami electric nml 2 m. purely electric.
In Jan. 1001 C o lo r a d o *
Southern neon Ired all the mock except Svimt com . V. 8 0 . P- 4 7 2 , n i l , 14-.L
Stock, all outstanding, corn.. 51.200.000; pref., 6 % , non-cum ., $800.01)0.
Par of share*, $100 each. Sinking fund can retire first tnort. bonds yearly
at 110 for the hr«t I '• years, then at 107 4 for 5 years, then 10ft for the next
five years, then IQ*.4 for three years, thereafter at par. V . 7 « , p . 346.
E A R N IN G S . — For year encllmr June 30 lOoO, gross earnings. 51 .1 18,172;
net Income, 5587.164; total deductions, 5401,024; dividends, 5124,000;
bal sur,, 552,140.
Earning* arc Included In those of Col. 6c Sou. Ry
system .
Pre*., Prnnlc Trum bull.— ( V . 8 1, p. 72ft.1
C O L U M B IA N B W B B R R V & L A U R E N S R R.— Columbia to Laurens.
S . C ., 7ft in Stock. SMJ0.OO0.
Bonds were 0s hut re issued as 1* In 1000
under agreement. <« rt.lHcntcM of Interest to amount to 40 % of bonds belli*
Issued bearing Internal If earned.
b a r n I NILS . - f t m o*., 1 1 0 0 7 . . . ............. Cross. 5127 ,07 0; not. 510.580
July i '«» Nov 3»
/ 1 U06
________Or»>«*.
125,5.10; net,
25,5 <7
Year ending June 80 1007. gross, 5.11 l.Oftft; net, 54 1 ,1 1 5 ; charges. 517,040 ;
b al.. sur.. 88,107.
Pres,, W . G . Childs, Colom bia, S. 0 .
C OLUM BUS A s o u t h e r n R Y .— W yan dotte, O ., at a connection with
thn Penn. B i t ., to South Uloomlngvlllo, 34 m .
In N ov, 1005 control was
changed, an extension being under construction north to L«ucaater.
V. M ,
p. 12UD. Stock nuthnrixiul, 5 2 ,000.000.
Por year ctullnir June 1* 1006.
gross. $18,642; oner. d e f.. 5122; total, deductions 5511: b al.. do f.. $617 (V . 82. !>. 1370: V. 81. [t. 12110.)
C O LU M B U S A X E N IA R R .— Owns from C olum bus, O ., to Xenia. O .
61 miles. OpetAtwl as a illvM on of the Little Miami, and Is leased for 09
years from Deo. I860, in connection with that road, to the Pittsburgh Cin­
cinnati Ohlcngo A. St. Louis, which pays 8 % on stock.
The lease Is guar­
anteed b y Pennsylvania lilt . Co. Dividends, 2*6
per aunum . from assets,
were discontinued In 1901.— (V . 72. p. 612.)
C OM B IN ATION B R ID G E (S IO U X C IT Y . I A .)— Owns steel bridge 1.940
feet long over Missouri River, with approaches. 1 mile, used by railroad*
and street cars and as a highway
Stock, 5 1 ,6 0 0 ,0 0 0 . Mort. trustee. Union
Trust C o ., Indianapolis, hut.
Pres., Jos. O. Head, Lntrnhc, Pa.; S ee.. P.
L. Eaton, Sioux City. la. — (V . 7 8 , p. 102. 2*6 >
CONCORD * M O NTREAL R R .— Prom Nashua. N . H .. via Concord,
Plym outh. A c ., to Grovetou and the W hite Mountains. 110 miles In all. In­
cluding Manchester As Keene, 10 m ., owned Jointly. 414 m .; 3ft in. double
track. Owns Concord Street B y .. II m .- also electric branch from Concord
to Manchester, N. I I ., 17 mile*, and Nashua 6c Acton H R .. 20 miles.
Stockholder-; voted O ct. * 1907 to Issue 5160 .00 0 stuck for Improvement*,
part o f stock of Mt. Washington B y . and Pr.uikllu A Tilton uiid Nashua
A c 'o i fit Boston railroads.
,
Oft June 20 1X01 leased to Boston fit Maine for 91 years at rental of 7
per annum on ail stock.— (V . 82, p. ft68; V . 84, p. I lu: V . 81, p. 8 6 4 .0 2 1 .)
CONCORD A PORTSMOUTH R R .— Owns Portsmouth, N . II . to Mancheater, N . H ., 40 4 m , Leased to Concord RR. In 1X62 for 90 year*; rental,
5 25,000 ; 7 % on stock and or*, exp.
Operated by Boston A Maine.
CONNECTICUT A PASSU MPSIC R IV E R S R R .— W hite River J ot., V t ,,
to Canada Line, 110 m .; Iraara 000 years Massawlppl Valley, 37 m.
L E A S E .— Prom Jan. 1 1X87. leased to the Boston A Lowell for 00 years
on a bash to pay 0 . A P. flo ck ft % till Jan. 1807 and 6 % thereafter.
S E C U K IT I K 8 .~ -Masiawlppl stock receives sam e dividends as stock of
Imsco and 5400,000 of tl (not Included In the amount outstanding) I* pledged
as part security for 4s of 1888. O f the $ 2,500,000 p ref., $100 ,00 0. as oho
$10,000 MassAwInpl Valley lly . stock, aro represented by Connecticut Trust
A Safe Deposit Co. of Hartford ft % trimt certificates, under which the Ver­
m ont Valley ha* the right, for 4ft years from Aug. 1 18X1, to purchase the
trust stock at par and interest and In the meantime receives all dividends
above ft % per annum on tho stock deposited In trust.— (V . 6 7 , p. 1040.)
CONNECTICUT R IV ER R R .— Own* from Springfield, M as*., to Keene,
N. I f ., 74 in.; Bellows Palls to Bratttcboro, V t ., 24 m .: branches, ft m .; total,
104 ra.. of which 60 double-tracked. Controls Sullivan Co. R R . RcllOWI
Palls to Windsor, V t .. 26 Ju lie s.
V 8 0 . p. 1178; V . 8 1 , p. 899, 172,1.
1 , E A S E .— Leased for 09 years from Jan 1 1893 to tho Boston A Maine,
annual rental fa* amended O ct. 10 t«U6) being 1 0 % per annum on capital
•took, payable directly to stockholders; also Interest on bonds and scrip and
5 2.000 for organisation expenses.
L c.m c pays all taxes, operating ex
pen so*. A c ., but lessor to Issue its stock or bond* for permanent Improve­
m ents.— (V . X I. p. 8 0 0 .0 7 4 , 1721: V . 8 3 . p. AM.)
CONNECTING R Y . ( I'll 11. A DEI. I’ ll I A ).— Owns from a Girard Ave. to
Frankfort J et., Pa., H m .; North Phlla. to Chestnut H ill, 7 in.; branches,
A c ., 24 m .: total. 37 rn.
V. 7 3 . p. 300. Slock authorised, Sft.800.000; out
standing. 13,611.610; all owned by Pennsylvania H R .
Dividends 1002
to Dec 1907 Inclusive, 4 % yeaily (.1 A D ).— (V . 7 1 . p. 1354.)
COOPCRSTOW N Bt CHARLOTTE V A L L E Y R R .— (See M ap D el. A
truit.)— Owns Charlotte Crossing to Davenport Centro, 4.61 m. leases for 00
year* from Jan. t 18X0. Conperstown A Susque, Valley H R ,, Cooprrstown
to Charlutto Crossing, with branch to C oopem ow n J et.. 10.43 m .. guaran­
teeing Interest 0 0 latter'* 1300.000 6 % bonds. Stock, $ 45,000 , acquired
July 1903 by Dei, A H ud.— (V . 77. p. 83.)
COPPER RANGE R R .— Calum et. M ich., to Mass C ity, with branches,
total, 82 m .; side track*. 33 m
Stock, 54 003.7U 0. of which $1,308,600
owned by Copper Hang'' Consolidated (Mining) Co,
llondi limited to
$20,000 per mile of main line and branches and $111,000 per mile of tiding*,
O f the $2,025,000 bonds outstanding, $616,000 were In Jan. 1007 held In
the treasury of the Copper Range Consolidated Co. V . 7 8 , p, 223.
. .Gross. S3.Ti.96o; net. 5110.18ft
E A R N I N G S —I months, 1 1 0 0 7 ..
11 9 0 6 ..
.G ross, $281,870; net. 123.860
July 1 to Oct. 1 1 .
Fixed chargee. $ l o . 7 ftO in 1907. against $47,749.
Year ending June 30 1907. gross. $810,202; net. $286,036.* Interest.
$101,230; balance, surplus. $184,686.
Pres.. W illiam A . Paine; Bee. ami
Treat., Frederick Stan wood. B oston.— (V . 78. p. 228.)
C O R N W A L L A LEBANON RR.— Own* Lebanon. P a ., to Conmvniro,
1.66 in.; branobte, 4.78 m .
In June 1901 the Pennsylvania Steel Oo.




51

RAILWAY STOCKS AND BONDS.

SI ,756,200
500.000
soo.ooo
800.000
540.400
419.600
5,647.600
500.000
ft.000,000
1.050.000
473.000
310,070
2.500.000
1.900.000
400.000
350.000
3,1 18,000
1.000.000
290.000
069,000
800.000
1.000.000
99 1.000
200.000
2.025.000
800.000
764.900
1.410,900
2.500.000
3.000,000
418.000
1.000.009
900,000
200.000
6,709.000

IN T E R E S T OR D IV ID E N D S .
Rate
%

See text.
5
■ !«
7
7
7
7
6
4
3H & 4

When
Payable.

Where Payable, and by
W/wm.

Q— M Treasurer, Columbuo. O
A
J Hanover Nat Bk. N Y
A
J First Nat Bank, Boston
Q — J Checks mailed
do
(J— J
do
y —j
y —j
do
J
A
J Faneull Hall Bk. Boston
J
A D .Safe DSP A Tr Co, Boet
J A D Dost S D A T r. Boston
j
*
i)
do
do
7
J
A
J Manchester. N H
6
F A A Safe Dcp A 'Tr Co. Boat
do
do
j «r A A O
6
F A A
do
do
5
J
A
J
do
do
10
J
A
J Boston. Max*
do
4 g
M A S
J
A
J
do
J A J
do
3W
A A O Sare I)ep A Tr Co. Dost
M A N Broad Street S ta t'n , Phil
3 4 g M 13 A S
do
do
M A N Nat B k. Coopcrsi'n, N Y
A A O Boston, Mass
5 k8 In 1907 J
A
J Co.'a Office. Lebanon, Pa
do
do
A A O
■i
4 g
F A A New York City
See text. Q — J 25 Checks mailed.
See text. y - J 25
do
J
A D Farmers L A Tr Co, N Y
5 k'
M A
S Knickerbocker Tr C o,N Y
« e
do
do
M A S
5 K
c
V A A
do
do
5 g
J
A
J Morton Trust Co, N Y

ft

J
J

Bondi— Princi­
pal, When D u .
StocJts - Last

DivUUnd.

Dec 7 1007 : %
July 1 1915
Jau 1 1914
Jua
i laoa l *i
Jan
lia o a iH
JA l l
1 1908 1 M
Jan
1 1908 l U
Jan
1 1911
June l l o :o
June l 1020
June 1 1920
Jan 1908 3 4 %
Feb 1 1008 3 %
April 1 1943
Feb 10US S %
■Jan 1 1911
Jan 1 1908 5 %
Sept 1 1943
Jan l 1921
Jan l 1023
Oct 1 1010
May t 1013
Mar 15 1032
May 1 1918
Oct 1 1 04i>
Feb j 190s 4 %
April 1 1921
Feb 1 1008
Ool 21’07 1 14 %
Oct 21 i o n ? 1 %
Dec 1 1923
Mar 1 1933
Mar 1 1935
h Cl) 1 192ft
July 1 1932
•

acquired $340,000 stock, nearly all the remainder being owned by the Lack
ivwanna Steel Co.
V . 7 2 , p. 1241. ILKA.
.
D IVi T o 1893. *94. ’ Oft. *»)6. 97. '9 8 . *99. *00. *01. ,02to-t)6.'(l7.
1908.
P.O .j 4 4 14 y o u ly 2
4
4
3
1
t> , ft
5 4 6 y'ly 8 P c b ., 4
E A R N I N G S .- - 4 rion.,1 1907 .
G - oks, #lftft,4ft7; ru t, $68,879
July 1 to O ct. 31.
1906
. Gt M .
171,674; ru t.
91.109
SurpluH over charges. 4 months. 517.1 5 0 In 1007, against $74 ,9 1 0 .
in 1906-07, gross, 5481,700: net, 5241 ,09 0; other Incom e.510.<00. charges.
552.629; dlV. ( 8 % ) , $6 i .000,• b a l,. sur. 513 > .3 1 1 — (V 84 . p. 270 )
C O R V A L L IS fle EASTERN R R .— Owns YaqUtlin to Idannh, O re.. 142
miles
I and gram w a s860.000 acres. Successor In 1897 of Ore Central A
Kn*tum, and ko of Oregon Pacific, foreclosed Dae. 1X94
In June 1907
reported iu» .sold to Southern Pacific Co. V . 84, n. 1427.
Stork, 5 1 1.260,*
you: outstanding. 5 1 ,410,000.
Mortgage provide* for exteuxton.
E A R N IN G S . -I n year ending Juno in 10U0. gross. 8175 ,31 2: u e i, $61,A76; tot I deduction*, 566,918,
|*res,,J V O 'Brien; Tien *., John W . New­
kirk; Sec., It. F. Connor. Office, Portland, O re.— fV . 84, p. 1427 )
"C O TT O N B E L T C o m m o n nam e for St. Louis Sou til we* tern B y .,
which See.
CRIPPLE C R E EK CEN TR AL R Y .— Divide, C oL. to Cripple Creek and
Florence, A c .. 76 in.; Victor to Vlxtn Grand, 6 m .; branch!* and spurs to
mines, A c ., 46 m .: total, 128 m ., of which 57 ra. standard gauge. Con­
trols Midland Terminal B y ., Florence A Cripple Creek R R ., Golden Circle
H it., Canon City A Cripple Creek R R ., Colorado Trading A Transfer C o .,
See V . 69. p. 851 l o l l . 1103: V . 7 2 . p . 984; V. 74. p. 8 80; V . 77. p. 1342.
Reorganisation, per plan In V . 78. n. Sftla; V . 7 7 . p. 1642, of th< Denver
A Monthwextern. foreclosed G et. 4 1904. V . 7 9 , p. 1 161
ST O C K S A N D B O N D S — Common stock. 52.5uu .000; 4 % non-Cbm. pie
frrred stock, f 3.0 0 0 .0 0 0 ; par o f abarra, $100. V .K S .p . I I 6 6 ;V , 8ft. p. 1209.
D IV I D E N D S .— o n p re f.. 3 % paid July ;u 1 9 0 5 ;O c t. 25 looft, 1 % (ciuar.)
Jon. 1906 to O ct. lo o t , 4 % yearly il % <J J .); Jan. 1908, none. V . 86.
n. 108. On com ., O ct. 23 11)06, 3 % from earning* of year ending Sept. 30
.
'
none. V . 86. p. 108.
R E P O R T . — Report for year ending June 30 1907 In V. 8ft, p. 1197,
showed grow earning* o f railroad* controlled, $742,612; net Income o f rail­
roads over charges. $169,300; total not Income of parent company above
general expon-es. 5278.070; dlv on pref. Mock (i
$12 ."><>; dlV, on
com , ( 6 % ) , 5 1 1 0 ,000 ; fotal surplus, Including $89,743 surplus of previous
years, June 3(1 1007, | 9 7 ,8 l3 . I're*., Henry M. Blacktuci: V U e-P rr*..
1(. E. P. Pllnaeh: Sec, nod T r cs*.. John Oorlow. O ffice. 10 Exchange
tMso
v V
tOrt. V . 79, p. 1161; V 82. p. 1 1 5 6 ,— (V , 85. p. 120 0 .
IJ97; V . 86. p. 108.)
C UB A EASTERN R R .— Own* from port of llogucron at <;rmmdlllo flay,
on south coast of Cuba, northwest via Guantanamo to forest lands owned by
the Cuba Hardwood C o.. 41 mile*; lease* for 99 yearn Northeastern Cuba R R
from San Pro to San l.uln, 47 mile*, with 6 miles of brunette*; to ho extended
eventually to Nlpc Bay on the north shore of Cuba; olxo branch to be built
ftom San Luis to Palma Soriano, at once, and later to Manzanillo.
Hns 6 year contract with Cuba Hardwood Co.
V'. 76, p 1310. Stock
$2,000 ,0 0 0 , nil outstanding.
Bond* (see above); Northeastern Cuba guar­
anteed bond*. V *2. p, 102
IV< - . E d .:-r V m Ettcn,
Off.rs , Jo Broad
St . N . Y . —(V . 76. p. 135ft; V. *2, p. 160; V . 8 6 , p. 1 0 8 .1
C UB A R R .— Own* from Santa Clara. Cuba, to Santiago de Cuba. 316
mile*; branches Zara Jet. to Sanott Splrltus. x mile*; Alto Codro to tho
Boy of Nlpe. 11 m .; Ponupo branch. 1 1 m .; Jatlbonlco branch, 4 m .: H ol­
guin branch. 1 2 in.; Tana branch, 4 m .; total. 420 mile*. See V . 7 $ . p.
1117. 1 3 4 7 . R xicndon to built from Santa Clara to H avana. 170 mile*.
V . 82. p. 1122. Road opened Dec. X 1002. G ovt, loan, $769,190, of which
tin* remaining onc-thlrd.wn* n*c'd Dec. 1906; any balance not repaid by G ovt,
transportation service 10 l»c paid Dec. I I IUI6 without lot.
V . 8.1, p. 1093.
Stock authorized. $ 10,009 ,009 each of common and 6 % non-cum. prnf.;
otiottandlug, com m on, $ 6 , 1 2 6 ,000 ; preferred, $lu,ouo.ouo; par of ulmrca.
5100
Bonds, sec table above.
E A R N IN G S .— For ft mouth* ending N ov. 30;
ft Months.
dross.
S ri.
Cfl&TM.
Balance.
i*ur.$ftx.6A2
1 9 0 7 ..
5719.608
1300,327
$141,615
_________ 612,036
120,609
127.623
,
. 7,010
.
I
1906
dcf.
R E P O R P for year ending June 30 19i>7 was In V . hft, p. 1337. showing,
gross caiulnct, $ 1 ,933,300; net over taxea, 5658,354: bond Intercat,
5325,030; bal . *ur , 5132,424.
In 1005 0 6 , gro**. * 1 ,6 1 9 ,ox?.
Prr**.. Sir William C- Van Hornn; Vlcn-Pre*.. Franklin II Lord; Sep,,
Herbert C - Lakln T rras., Jarnca I. Burke. Office. 83 Montgomery Mt.,
Jerney Dlty. N. J.; 80 Broadway. New York. - f V . xft, p. 9 2 1 , u j a )
C U M B E R L A N D C O R P O R A TIO N .— O R G A N I Z A T I O N .— A holding com
pany owning the *tock (52, 1 0 0 , 000 ) of the Clinchfleld t?orporattou (V . xo
>. 2146, 2 232, 224), which own* SOO.uOO acres of coal land- In Virginia and
.West Virginia, ihr *u>clc of the South a Wi tern
and a blo< k o f the
Seaboard Co, stock (w e the two companies lost named In this Section.)
Stock, com m on. 52d.000.U00; 6 % prof., 5 1 6 ,0 0 0 .0 0 0 . all paid In. In
July 1906 sold 5 lft.oou.ooo note* (sec above) to complete the South A
Western to n connection with the Seaboard Air Line R y . at Ruthcrfordton,
N. C ., a distance of 107 miles, giving via tho Seaboard a new outlet for tho
Clinch field coni.
V . 8 3 . p. 15ft.
C U M B E R L A N D A P E N N S Y L V A N IA R R — Owns from Cumberland,
ltd ., to P1fdtnont.VV.Va., and several branches, 57 miles. Owned and op­
erated by Consolidation Coal C o., which guarantees by endorsement the
first mortgage. V . 32. p. 390
Stock, Sl.ftoo.ouo; par. 5 lo o . In N ov.
I907fpurchnx**d 1.523 car* from the Somerset and Fairmont Coal companies,
iivoiniltig the car tn n t* l» u e d thereon, v iz .. 5836,000 of Somerset Co.
(«Ct) table above) and $45,000 additional, maturing In series to May 190®,
V. 8ft, p. 1 101.
Por year ending June 30 1907 gro*>, 51.136.262* net. $662,*
626; charge*. A c .. $150 ,90 4; balance, surplus. $ 10i.ft$ 2.— ( V . xft. p. 1401.)
C U M B E R L A N D V A L L E Y R R , - - Pennsylvania R R . Jan. 1007 owned
5071,810 emu. and 8237.200 pref. and III llcc. 1906 offered to glvct In rxrhmigC 3 share* o f It* MOCK for one share of Cumb. Val. V . 83, p. 1469.
There are $88,000 8 % bond* maturing April 1 1008,

52

Voi.. i.xxxvi.

RAILWAY STOCKS AND BONDS,
HAIL.RO A D S ,

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

Atiles

Date
of
r "f
Road. Ronds.

S ite, or
Amount
Par
Value, Outstanding

IN T E R E S T OR D IV ID E N D S .
Rate
%

When
Payable.

Where Payable, and by
Whom

Ronds— Principal. When Due.
Stocks— Last
Dividend,

Cumberland Cur pur a lion— Note#. . . . . . . . ___ ________N
1008
$15,000,000
J
A D
Juno I 1 0 1 2
Cumberland A l*#nn»ylvnnin - 1st M gold guar............
1 ,000,000
M A N Guaranty Trust Co, N Y May l 1 021
$1,000
57 1801
Somerset Coal car tr assum 570,000 part y r ly . . l: Ba
1008
836,000
5
J
A I) Fidelity Trust Co, Balt Dee 1008- 18
1,000
W est Paliinonut. Coni A O flke A c car tcusls assumed
30,000
_ 6
T o M ay i loop
Cumberland V o lley —Common stock..................................
Jan
i 1008 2 %
Preferred stock ($243,000 2d pref)
(Homis see text)
484.000
Q— J
do
do
Jan
l 1008 2 %
::
Debentures $300,000 redeem beginning April loon . .
1003
28 .',000
4
A A O
do
do
April 1 |P23
Dayton Leb A Cln RK & Term 1st M g red (text) .
1007
1.000
300.000
J a D Cleveland, o
June i 1 0 2 2
Ag
u ay ton A Michigan— Com stock (3$jf % guar C II & D)
2 ,4 0 1 ,m o
Ocl I 1007 1 M
A A O Cincinnati
3 .4
Preferred (8 % guaranteed 0 H ft D) endorsed____
1871
80
1,211,230
Jan 1 1008 2 Jb
Q— J |
do
8
First mortgage guar p A l endorsed by C H A D . . . c
142 1881
1,000
2.728.000
Jan
5
J
A
J J P Morgan A Co, N Y
I 1U11
Day ion & Union RR— First M sink fund (not drawn) .c
32 1870
1 ,0 0 0
225.000
Den 1 1000
7
Dayton Union Ry— First M sinking fund call at p a r ..F
1800
1,000
473.000
1 1040
J Farmers I * 'IV C o. N V
4
g
J
A
Delaware— StOOlC . . . . . . . . . . . . . . . . __________________
248
2,087,225
25
J Check# mailed.
1 1008 4 %
J
A
General mortgage g o ld ............................................ PP.c'
117 1802
1 .0 0 0
300.000
l 193$
J
J Broad St Station, Phlla
A
Delaware A Chesapeake 1st M assumed cu rren cy ..c
54 1882
1 ,0 0 0
400.000
1 1012
4
do
Feb
F A A
do
Delaware & Hound Brook— Stock 8 % guar Phil A Read
100
8
1.800.000
0 — P 1240 so u th Third S t. Phlla N ov 20 1007 2 %
First mortgage $ 1,800,000. guar...............................p «p
1.0 0 0
1005
1.800.000
34 g F A A Mooli Nat B k .T re n t,N J A tig 1 1053
Del A Cast— 1 st M .f g .. red., beg. Jan. 1010
.xc*
1007
GOO Ac See text.
J
A Jl
1 1057
New York
Delaware A lludeon— Stock $55,711 ,300 ( t e x t ) ._____
100 42.400.000
ln8l5o 7 9 — Mar O ffice.32 Nassau St, N Y Dec 18 1007 2 ^
First M on Pennsylvania Dlv ($ 1 0 ,0 0 0 ,0 0 0 ). Uu.cAt
1877 1.000 Ac
5 .0 0 0 .
0007
1 1017
M A
do
do
a
Schenectady a Duanesburg first mortgage.................
1874
100 Ac
500.000
6
1 1024
M A
s
do
1
Adirondack 1 st M gold guar p A 1 e m l____U s.c*A r
1802
1.000. 000
1.000
s
1 1042
44 | M A
do
do
Debentures $14.000,000 gold convert (see tcxtlc* Ar
1008
1,000 13.077.000
4
g
J 15 A I)
Juno 15 1010
do
do
Car trusts $150,000 payable May y e a r ly ........... U#m
1800
300.000
1.000
1008 A 1000
3 4 I M 13 AN
do
Equipment deb $ 2 ,5 0 0 ,0 0 0 . $200,000 annually Jnn 1
moo
10 000
4 g
1,100.000
A
1 0 O0 to 1014
J
do
J
do
Equip 1st lien bonds $ 1 0 ,000,000 gold s f . Uim .xc* Ar
1007
1,000 10.000,000
'
1022
do
4 4 g]JJ A J
do
Guaranteed Securities—
Hudson Coal Co deb guar p A I end part duo yearly
*01 -'02
1,000
2.130.000
4
M A N
do
do
Bluff Point Land Improvement Co 1st M gold guar c*
1800
1 .0 0 0
300.000
4 g
J
A
1 1040
J
do
do
Chat Ore A ! refunding mortgage call 103 N____ c*A r
1002
1 .0 0 0
1.300.000
4 g
J
A
J
do
do
1 1942
Albany A Susquehanna U R , N Y A Canada R R ,Ch Menu gay A Laku Pin cld H R , U ll ca Cllnto n A Bing R R , Coop A Churl Valley — See those cos
Delaware Lackawanna A W estern— Stock -------- ------00 20,200.000 20 In '07
Q — J . 1)0 W est Street, N . Y . Jan 2 0 '0 8 2 R ft
Delaware .Md A Va— Junction A B— first m ortgag e..
1800
All.
185.000
3
J
A
J Broad St Station. Phlla Jan
1 1032
Break A Frank 1st M to State red after Jan 1 8 0 5 ..
1874
All.
200.000
3
J
A
J
do
do
Jan 1 1032
Other mortgages..... .............................................................c*
030,000
4
........ I
do
do
Overdue.
Del River RR A Bridge— 1st M gold guar p A I.O P .c*
10 1808
1,000
1.300.000
4 g
P A A Philadelphia* Pa.
Allg 1 1038
Denver North w A Pac— 1st M $22,500 ,000 g o l d .Mo.c*
120 1002
1 .0 0 0
4 g
See text.
M A S New York or Denver
Sept 1 1052
8
Continental Tunnel 1st M $5,0 0 0 ,0 0 0 gold guar p A 1
100 Ac See text
8 g
Seml-nit 'Denver. Col
10 years

........

D A L L A S C LE B U R N E A SO U TH W ESTER N RY — Owns Egan, on Mo.
Kan A Texas H R ., to Cleburne, 10 miles.
Leased to Mo. Kan. A Texas
R y.
V . 78, p. 48.
Bonds authurl/cd. $150,000 1st m tge. 3 0 .year gold 3s.
due Jan . 1 1033. V . 83, p. 213.
Pres.. B. P. McDonald, Cleburne, Tex.
(V . 83. p. 213.)
DAYTON LEBANON A C IN C IN N AT I R A IL R O A D A T E R M IN A L CO.
— ow n s from Lebanon. O .. to Lebanon Ju ne.. 23 m .; Hempstead to Lam
Ixvth, 4 m . T o be extended from the latter point to the Dayton Union S ta­
tion, 2 m ., where terminal property Is owned.
Ha# traffic arrangements
with electric lines from Lebanon Juno, to Dayton. 7 to ., and from Lebanon
to Cincinnati for passenger traffic. Successor of Dayton Lebanon A Cln
clnnatl H R . Stock. 3l.U U 0.000.
Bonds ($ 300,00 0 authorized liisuc) arc
subject to call In whole or In part June I 11)17 at 105; Cleveland Trust C o.,
trustee.
V. 83, p. 1318.
Pres. and Trans., Lebanon, O .
(V . 85, p. 1518,
D AY TO N A .MICH I BAN RR. -O w n s Dayton. O .. to Toledo June., ( ) ..
11 ni.* trackage Into Toledo. 1 H ni.
Leased May i 1883 in perpetuity to
Cln Ifam . A Dayton.
Lease modified June 23 1 8 7 0 .
Renta! Ik malntcn
and* o f organization, Interest on bonds and 8 % on pref. stock and 3
•';> on
com . Guaranty on oref. Is secured by m tge. of 1871, but the pref. carries
no voting power
V . 38, p. 813.
Mtge. or 1838 Is held alive under m tge.
of | 8 8 l, c . H . A D. notes of 1008 being reserved to retire the bands.
(V . 88. p. 187.)
DAYTON A UNION R R .— Owns from Dodson. O ., to Union City, Fnd.,
32 miles; leases Dayton to Dodson, 15 miles; total o pent led, 47 miles.
The Clove. Cln. Cldc. A St. Loill# and Cln, Ham, A Dayton Jointly own
the $88,300 stock. The amount required for redumption of bond# at their
m aturity has already accumulated In sinking fund.
Year ending Juno 30
1 0 0 7 . gross. $158,808; net. $31,582: other Income, $10,483; charges
$2 0 ,5 7 5 : balance, surplus, $ 2 1 .440.
DAYTON UNION R Y .— Union depot at D ayton, O . Used by Pitts
Cln. Chic. A S t. L .. Clev. Cln. Chic. A S t. L .f Cln. H am . A Dayton, Dayton
A Union U R . and Erie R R . under lease which provides that Interest on
bonds and other expenses bo divided between them on train basis. Stock
$321 ,00 0, all com m on. Pres., M . 13. Ingalls: S e c.. VV. F . Stark; Trees . J*
K. Howard. OITlre. Cincinnati. O .— (V . 73. p. 1312.)
*
D E L A W A R E RR .— [See M aps Pennsylvania R R . ) — Shcllpot Crossing
D el., to Delmar, M d ., 03.22 miles; branches, Ccntrevllle, M d ., to Townsend!
D el., 33.11 miles; Clayton, D el., to Oxford, M d ., 84.23 miles; Sea ford, D el.,
to Cambridge, M d.. 32.02 m .; Masseys. D el., to Chestertown. M d ., 20.38 n i„
other branches. 10,30 m .: total, 248.23 miles. V . 8 7 . p. 1300.
Leased till May 1 1027 to the Philadelphia Baltimore A W ashington,
which owus $1,084,475 of the stock; rental net earnings— see V . 8 4 , p, loon,
DlV-s. 1808 L* July 1008 . 8 % yearly: 1 0 0 7 ,8 '';.; ion s. Jn n .. 4 ?:..
Inver
ending O ct. 3| 1007, gross, $ 3 ,8 4 8 ,3 0 1 ; net, $878,001.
In 1005-08, gross.
$2 ,1 3 3 ,1 8 8 ; nut, $ 8 2 1 ,0 20 ; other Income, $ 3 3,111 ; Interest, taxes, Ac.
$ 1 8 7 ,0 8 0 ; dividends ( 7 % ) , $200,103; bul., stir., $21)7,088, transferred to
extraordinary expenditure fund.— CV. 8 3 . p. 1523.)
D E L A W A R E A B OU ND BROOK R R .— Owns from Bound Brook
(Central of N . J.) to Delaware River, 27 miles: brnneh to Trenton, 1 m .;
second track, 27 m .; third track, 8 m .; all track, 82 m.
In May 1870 leased
for 000 years to Phlla. A Reading R R .
Rental, $213,000. paying Int. and
8 % on stock; lease assumed by Phlla. A Reading R u.— (V . 81. p. 2 1 0 .)
D E L A W A R E A EASTERN R Y .— T o extend from Hancock, N. Y . , on
Eric R R ., to Schenectady, N . Y ., 157 miles, with branch to Auric's, D miles,
of which East Branch to Arkvllle, 40 miles, operated April 1007. A con­
solidation May 1007 per plan V . 81, p. 031, 1182.
Stock authorised.
$5,000,000 In $loo shares and bonds $0,000,000 of 50-ycnr gold 5s,
Of the
bonds t$8,500,000 auth.Issue). S I .730.000 arc to be used to take up the old
bonds ($1,000,000) and stock ($800,000) of Del. A East. R R . and fund Its
notes and Boating debt; bnl.
bul to be used to complete the prat
proposed' road.
*
.................................................
Pres.. F. F. Scaring.— Office,
7 ^Wall
S t .. N , Y ,
(V . 8 3 . p. 4(1
40, W2I.)
D E L A W A R E A HUDSON CO .— (See M a p .) — Operates railroad lines
from Wllkesbnrre, P a ., via A lb a n y , N . Y . , to Rouse's Point, on Canada
line, with branches, 843 miles In all. V . 8 8 , p. 8 71.

Lines owned—

M iles.

Lines leased— *See these cos. Miles

142
Lackawanna A Susquehanna______22 •Albany a Susquehanna.............
Valley R R . of Pa................................... 17 •New York A Canada...................1*150
Honesdate Branch.................................28 •Rensselaer A Saratoga............
102
Schenectady A Mechantcvllte___ .1 0 •Clmtcaugay A Lake Placid R R . 80
Cherry V al. Sharon A Albany ..2 1 •Union U R ............................................ 21
•Schenectady A Duanesburg.......... 14 •Jefferson R R . (trackage)..........
30
•Adirondack R y ..................................... 57 Other lines.............................................. 28
•Coopersi'n A Charlotte V a l l e y . . . 24
Branches and spurs.................................2
Total operated Jan. 1 1007_____843
Also leases Utica Clinton A Binghamton and Rome A Clinton H R ., 44 ra,
sub let to N . Y . Ont A W est. In N ov. 1005 the yuebcc Southern, extend­
ing from S t. Lambert opposite Montreal, through Sorol to Plcrrevlllc and
from Noyan Jet. to S t. Roberts' Jet. on the aforesaid line, a total of 143 nt
was acquired; an extension will be bttlTfe from Plcrrevtlle to Chaudlerr Jet”
whence the new Oueheo bridge Is reached a distance o f 02 miles. of which
40 are under construction. The Naptcrvlllu Jet. R y ., Rouse’s Point to St
Constant. 27 miles, was also acquired, and 18 miles of trackage, v . « i n ‘
1 0 1 0 : V . 83. p . 370; V . 84. p. S98, 823, In |0uo control of the Greenwich
A Jonnsonvlllo R R ., 21 miles, was acquired. V , H4, p. 823.
H I S T O R Y , A c .—This com pany was chartered April 23 1823. it is one
of the largest miners of anthracite coal. Coal owned. V . 82, p. flsjj,
D IV ’ DS - I *34. '8 5 . '88. '87. *88. '80 to 0 8 . *07 to '0 0 . '01 t o '08. 1007
Since 1883 % l
7
8
3
5
8 7 yearly 5 yearly 7 yearly Below
Dividend* In IDOR fixed at 0 % , payable quarterly.
V. 83, p. 1845.
G E N E R A L F IN A N C E S .— On May 0 1800 the stockholders voted to set
aside every year, as a sinking fund to retire stock and bonds and guaranteed
securities, nn amount equal to at least Oe. per ton of coal sold, or $ 1 7 3 ,non to
$200,000 per annum, to be charged against Income account each year. (V .aa.
p. 0 20 .) see Ordinance In full, V . 8 8 , p. 1180. Coal owned and controlled




Jan 1. 1007, 207,801.081 ton#.
In 1000 $300,000 stock was retired from
proceeds of sinking fund. $111,800 I11 1001. $151,100 In 1002, Jloo.000 In
1003, $417,100 In 1004. $50,000 In 1003 and $228,300 In 1008.
Stockholders May 0 1905 authorized Increase of $ 3 .0 0 0 .000 stork for con
version, at option of holder# to April 1 1 0 1 8 , of $10,000 ,000 Albany A Susa*
3 R % bonds, dated April 1 1008. on the basis of $500 stock for $ 1,0 0 0 of
ponds. The bonds were sold at par pro rata to D. A H . stockholders
to refund the' Albany A Susq. 6# and 7 i. effecting a material saving o f Int.
in 1008 the Albany A Susq. stockholders were held by lower Fed oral Court
to bo entitled to the benefit o f this refunding. V . a :., p 721; V . 8 3 , p . i 0 3 8 :
V . 80 p. 1171, 1362, 2313
To Dec. 1007 $3,3 3 4 ,0 0 0 bonds had been run.
verted Into D. A H. stock.
Stockholder# Feb. 10 1006 authorized Increase of the stock by $7, 0 0 0 ,006
to provide for exchange of an Issue of $ 14,000 ,000 of 4 % 10-year debenture#
dated June 15 1006, which was subscribed by stockholders nt par. The
debentures are exchangeable for stock at the rate of $300 stock for $ 1,000
debentures between June in 1007 and 1012 Inclusive, tho proceeds to be
used a# follows: Cost of electric railway acquisitions (see below ), $ 0,600,000;
new equipm ent. $ 2,400,000: cut-off around W ilkes-Barre, P a ,. $ 3 ,000,000,
V 8 1 . p. 1848; V . 82. p. 887.
In Feb. 10U5 a half Interest in the stock of the Schenectady R y ., tin mllea,
was purchased. V . 8 2 . p. 8 87. In N o v . 1005 over 110 % of the $5,000,000
stock of the United True. Co. of Albany was purchased, said stock being in
Dee. lt)0 R Increased to $ 12,300 ,000 to acquire most of the stock and bond#
of tlm Hudson Valley (Electric) R v . V . 8 1 , p. 1560, 1610; V . « l , p . ft|.
In July 1007 tho Troy A New England R y .. 0 mllra. was acquired In the
Interest of the company.
V'. 8 5 , t>. 0 8 .
In Feb. i»0 7 a loan for $ 0,000,000 to the Quebec Montreal A Southern,
guaranteed by the D . A H ., was arranged, represented by 6 % participation
certificates (denominations $100 ,00 0, A c .), maturing Feb. 8 and U 1008,
Interest payable quarterly.
V . 84, p. 338,
Tho equipment lien 4 H a of
1007 ($lo,noo 000 Issue) have an annvial sinking fund of $ 650,000 to pur­
chase bonds or the Issue, other securities or additional equipment to come
under the mortgage.
V. 84, p. 1247, 1307: V . 8ft, p, 1082.
E A R N IN G S .
II m o a ..I 1007
dross, $ 1 8 ,8 1 0 ,7 8 8 ; not. $7,388,148
Jan. 1 (o N ov. 30,
ilium
Gross, 15,727.757; not, 5.788,013
Net from coal departm ent, $008,580 In 1007, against $833,308.
For 8 mo#, ending June 30 1007. gross, coal and sales d ep t., $ 1 1 ,017,085;
gross of railroad. $0,312 ,0 6 1 ; total net Incomo. $ 3 ,1 1 5 ,0 7 0 ; Interest paid,
$133,000; balance, surplus. $ 2 ,6 6 0 ,0 7 0 .
V . 8 3 , p. 1082.
R E P O R T .— For 1006, lo V . 8 4 . p. 623.
Annual meeting May 1007.
V . 84* p. 1182.
Balance sheet Juno 30 1007, V. 8 3 . p. 1082.
1006.
1003.
Year ending Dec. 31 —
1004.
...
8.61)0.350
9,331.266
8 ,2 3 5 .3 4 !
...$ 1 7 ,0 3 0 ,0 2 0 $10,382,074 $15,071,124
. .
6 ,379.400
6.108.114
6,875,84 3
...
2.803,139
8,01 0 .3 2 8
Interest, taxes and rentals.
2,090.057

Total profits. . . . . . . . ___ . . .
Depreciation of p l a n t . . * .............
Interest on debentures.................
Dividends ( 7 % ) ................................

____

2 .097.362

...
...
...
...

$5,381,623
$145,483
280.000
2.807,174

$3,131,780
2.525.037

$2,875,886
2.380.561

$3,707,743
$1,028,140

$3,236,447
$803,024

1,880 .3 0 0

2 .7 5 6 ,i «

11.M Q .294 S I .606.361
The earning# of the coal department In 1006 w ere$10,610,200: expense#.
$17,321,844; net, $ 2,007,362.
In 1005, $ 2 0,040 ,333 ; net. $ * ,525,058.
O F F IC E R S .— Pres., L. F . Lorcc; Chairman Exec. Comrn., U . M. O lyphnot; Troa#., C. A . W alker; Sec.. F. M. Olyphant, 32 Nassau S t., N . Y .
Manager#.— Robert M. O lyphant. Chauneey M . Denow, John Jacob
Astor, L. F. Lorcc, W illiam S. Opdyftc. J . Rogers Maxwell. Conn Bus V an­
derbilt. R . Suydnin Grant, George I. W ilber, O. A . Peabody. E. H . itnrrb
m an . Dumont Clarke and James A , Linen.
(V . 8 5 , p. I26w, 1645.)
D E L A W A R E L A C K A W A N N A A W ESTE R N R R .— (See Afup.) — O pof.
ate# main line from Hoboken. N . J .. opposite N. Y . C ity, to Buffalo. N. Y
410 m,» with branches to authroeltc region, A c ., 547 m ., v iz .; (‘ sec this co )
Lines owned—
M iles. | Lines controlled and optr'd — A / Ues.
N . J. State line to New York lin e. 111 Syracuse Binghamton A N . Y . . 81
31
Sussex R R ...................
Branch to N orthum berland.......... 80
Hopatcon
i
t.ines leased— (Sro each co.)
3*
•Morris A Essex and leased belies. 170 Bangor A Portland R y ................
•N. Y . Lackawanna A W e ste rn -. 314 Lackawanna A Montrose R R __ \\
7
•Cayuga A Susquehanna..................... 34 Hanover A Newport HR . ..........
Greene R R .....................
8 Erie A Central New Y o rk ........... is
Syracuse A llaldwlnsvlllc R R ____
1
•Utica Chenango A Susquehanna 07
Total operated Jan. 1007......... 037
•Valley R R . of New Y o r k _____ _
11
H IS T O R Y . A c .— Original company chartered In 1832; present title as­
sumed In 1833.
No 1111b-companic* (coal ami mining) are controlled, the
railroad owning Its anthracite mines.
In April 1003 the entire stock of the
N Y . A Hoboken Ferry Co. was purchased.
V. 78, p. 813.
Nrw Hoboken
terminal was opened Feb. 1007. V . 8 1 . p. 666. 777; V . 8 2 , p. 1008.
D IV ID E N D S . -\ ‘M , '8 2 to '8 L '83. '86t0'03. *04. '0 3 . '06. *07.
07.
10 0 a.
• 2 0 Jan ., 2 u
Since 1 8 8 0 . o J 6 «< 8 yrly, 7 4 7 yrly.
*17 M O M * 3 " *20
•The quarterly dividend was Increased from l
to 2 4 % In April
Apr 1005; an
extra 1 0 % was paid In Deo. 1904 to 1007, Inclusive.
E A R N IN G S .— O f leased lines In New York Stale;

9 mot. md, Sept, no—

Gross.

........................ -1 0 .0 0 0 .5 2 2
1007
1006 . . ............ ....... . . . . 8.402,872

Net.

Charges,

Hal., stir

$5,230,640
4,186 .1 0 9

$1,822,100
1,816.887

$3,128,441
2,340,482

A N N U A L R E P O R T .— -Annual meeting Is held on Tuesday preceding last
Friday In February. Tho report for 1000 was In V . 84, p. 443; see also
editorial, p. 421. The following Includes all lines except Syroc. Ilingh.A
N , Y . , Sussex R R ., Bangor A Portland and Lack. A Montrose R R .

J

an

..

1908.]




RAILWAY STOCKS AND BONDS,

53

RAILWAY STOCKS AND RONDS.

54

expla na tion o f colum n headlnqi» , A c , , t e c notes
on first p a ys o f tables.

D o te
A llies
of
of
R oad. B on d s.

S i t e , or
Bar
V a lu e.

A m ou n t
Outstanding

$ 1 0 0 $ 3 8 ,0 0 0 ,0 0 0
D e n v e r A R io O rn n d c— S t o c k c o m m o n (s e e t e x t ) . . T r
4 5 .7 0 1 .1 0 0
100
P re fe r re d s to c k 6
n o n -c u r a u la t lv c {5 0 ,0 0 0 ,0 0 0 .1 r
1 ,6 6 7
1886
F ir s t c o n s m o r t g a g e fo r 5 4 2 ,0 0 0 ,0 0 0 )
500 A c
3 3 ,5 1 7 .0 0 0
1886
6 ,3 8 2 ,5 0 0
. 1 .0 6 7
n o w f i r s t m o r t g a g e ) ................................ J g o l d . . U « . c * A r
1 .0 0 0
1888
1 .6 0 7
I m p r o v e m e n t m o r t g a g e ($ 5 ,0 0 0 p e r m ile ) i f . U » .c * A r
500
S .3 3 5 . 0 0 0
130
R i o G r a n d e S o u t h e r n fir s t m o r t g a g e g u a r a n t e e d . C c
1890
1 .0 0 0
X2 .2 7 7 . 0 0 0
62
1889
R i o G r a n d e J u n c t i o n f i r s t m o r t g a g e g u a r _____. C c . c '
1 .0 0 0
2 .0 0 0 .0 0 0
1 5 .2 0 0 ,0 0 0
R io G r a n d e W e s te r n 1 st M g o ld (V 6 0 , p 2 8 4 )_ C c .c
1889
1 ,0 0 0 A c
1899
F ir s t c o n s M r e d e e m a t p a r (s e e t e x t ) g o l d . M o . c
00
1 ,0 0 0 A c
1 -1 .-1 * 2 .4 0 0
y 6 3 0 .0 0 0
36
U ta h C e n tra l 1st M g u a r . (V 6 8 . p 7 24 ) g o ld . .M o
1898
1 ,0 0 0
U t a h F u e l C o 1st M { 2 , 0 0 0 .0 0 0 r e d e e m a t 1 1 0 . M o
7 6 0 .0 0 0
1901
1 .0 0 0
1808
1 ,0 0 0
1 ,0 7 7 .0 0 0
P l e a s a n t V a l l e y C o a l 1 s t M s f r e d e e m 1 1 5 --------M o
E q u ip m e n t b o n d s S c r lc a A g o ld $ 7 6 ,0 0 0 d u e s o m l- a n
1003
8 2 3 .0 0 0
1 ,0 0 0
do
do
S e rie s B g o ld $ 7 5 ,0 0 0 d u e s e m l-n n n .
1 ,5 0 0 ,0 0 0
1907
D e n v e r Y e l l o w s t o n e 5c P a c i f i c — 1 s t M $ 8 , 7 5 0 , 0 0 0 g o l d
1906
1 ,0 0 0 ( V . 8 2 , p 2 M ) )
D e s M o i n e s A P o r t D o d g e — C o m m o n s t o c k _______________
P r e f e r r e d s t o c k 7 % n o n - c u m u l a t l v e ......................................
100
763 600
143
F ir s t m o r t g a g e g o l d g u a r p r ln A I n t e r e s t
C e .c * A r
1905
3 ,0 7 2 .0 0 0
1 .0 0 0
S e c o n d M S i ,0 0 0 ,0 0 0 g o l d r e d e e m a b le a t 1 0 6 —
To
1906
1,1100
6 0 ) 1 ,0 0 0
D e e M o l la F A N o— 1st M $ 1 4 ,0 0 0 p m g r e d l O S . T e . c 1
1001
*75
1 ,0 0 0
1 ,0 0 0 , 0 0 0
D c * M o i n e s U n i o n — 1 s t M f o r $ 8 0 0 , 0 0 0 g o l d --------C e . c
4
1887
1 ,0 0 0
671 000
D e t ro it G ra n d H a v e n & M ilw — 1st e q u ip M g u a r . . . c
180
1878
1 .0 0 0
2 .0 0 0 .0 0 0
C o n s o l m o r tg a g e g u a r a n te e d (o p t io n — se e t e x t ) . .c *
180
1878
3 ,2 0 0 ,0 0 0
200 A c
05
D e t ro it H ills d a le A S W — S t o c k 4 % r e n t a l L S A M S
100
1 ,3 5 0 ,0 0 0
—
D e t ro it G ra n d R a p id s & W e s t e r n — S e e P e r c M a r q u e t t e R R .
D e t ro it L a n s in g A N o r th e r n — S e e P er© M a r q u e t t e R R
D e t r o i t St M a c k i n a c — P r e f s t o c k $ 1 , 0 0 0 , 0 0 0 ft U t h ------100
0 3 0 .0 0 0
All.
" F i r s t l i e n " $ 1 , 5 0 0 , 0 0 0 g o l d ......................................... M o . o '
1895
1 .0 0 0
1 .0 3 0 . 0 0 0
" M o r t g a g e b o n d s " $ 1 ,7 5 0 ,0 0 0 g o ld r e d a t p a r . M o c*
All.
1 ,2 5 0 .0 0 0
1805
1 ooo
D e t r o i t T o le d o A I r o n t o n — C o m m o n s t o c k $ 1 2 , 5 0 0 , 0 0 0
F ir s t p r e f 4 % n o n - c u m ( p r e f a s t o a s s e t s ) $ 7 ,5 0 0 ,0 0 0
S e c o n d p r e fe r r e d 5 % n o n -c u m u la t lv c $ 6 ,0 0 0 ,0 0 0 ..
263
D e t r o i t S o u t h e r n — O h i o S o D l v M . . . .................... C e
1 00 1
4 ,4 0 5 .0 0 0
1 ,0 0 0
All.
G e n e r a l li e n A d i v i s i o n 1 s t M S I . 2 5 3 . 0 U 0 g o l d . . N . e *
1003
4 ,2 6 .1 , 0 0 0
1 .0 0 0
C o n s o l i d a t e d m o r t g a g e $ 2 2 , 6 0 0 , 0 0 0 g o l d ---------- K . c *
1005
T ext
1 .0 0 0
2 ,7 7 6 ,4 0 0
N o t e s f o r A n n A r b o r r e d e e m 1 0 2 '4 y e a r l y ............ U f m
1003
5 .5 0 0 ,0 0 0
1 .0 0 0
1003
i .n o n
1 ,6 5 6 . 0 0 0
E q u ip t r u s t n o t e s g o ld IV 8 2 , p 0 0 ) $ 2 0 7 ,0 0 0 y r l y . T n
D e t r o it S o u t h e r n c a r tru s ts d u e $ 4 0 ,0 0 0 y e a r ly
1 ,0 0 0
2 0 ) 1 ,0 0 0
x O f w h i c h 5 1 . 6 7 7 , 0 0 0 In t r e a s u r y t h e r e a r e a l s o $ 2 . 2 3 3 . 0 0 0 n o t g u a r n n t e e c l.
v O f wh

45

1006.
Y e a r eruliny D ec. 3 1 —
P a s s e n g e r e a r n i n g s .......... .............. ............... $ 6 , 2 1 0 , 6 2 4
F re ig h t e a rn in g s
.......... .............. ........... 23.248,274
3 .5 0 0 ,0 8 1
M i s c e l l a n e o u s ---------------------------- -- ..................

1005.
$ 5 ,6 2 0 ,0 0 2

1 0 0 -1 .
$ 5 ,2 1 5 ,0 1 0

23.224,372

21.563.603

3 ,1 0 7 ,0 0 0

1 .0 1 7 . 3 7 0

.3 3 2 . 9 6 2 .8 7 9
.5 1 2 ,4 9 0 .4 3 8
. •3 .6 5 5 ,1 1 9
.
8 1 4 ,2 3 5

$ 3 1 .0 5 1 ,0 6 4
$ 1 3 ,1 2 3 ,0 0 4
• 3 ,2 0 5 .4 2 6
6 1 3 .3 3 7

$ 2 8 ,7 0 1 ,9 9 1
$ 1 2 ,0 4 0 ,2 1 7
• 3 .4 4 5 .4 7 7
6 9 0 ,7 2 5

G r o s s ...........................- ...................
N e t a f t e r t a x e s ............ .. .. .................
C o a l d e p a r t m e n t ( n e t ) ...............
O t h e r m is c e lla n e o u s I n c o m e ..
T o t a l n e t I n c o m e ........................
I n t e r e s t a n d r e n t a l s — ----------R e n t a l s , a d v a n c e s . A c ...............
D iv id e n d s

.* 1 0 .9 8 9 ,8 1 2 $ 1 7 ,0 6 1 ,0 6 7 * 1 0 .1 9 1 .1 1 0
$ 3 ,3 3 0 ,1 0 7
$ 5 ,3 2 4 ,8 9 6
. $ 5 ,3 6 8 ,1 0 6
1 9 6 ,6 4 l
.
2 4 2 .0 2 6
0 4 0 .2 3 3
..
3 .5 5 1 .6 1 0
3 .5 8 7 .4 8 6
3 .4 4 6 .7 1 9
1 % ) Z , # 2 0 , 0 0 0 ( 1 0 ) 2 , « 2 0 ,U 0 0 ( 7 ) 1 .8 3 4 .1 1 0 0
2 ,0 2 0 ,0 0 0
.
2 .6 2 0 .0 0 0
2 ,0 2 0 .0 0 0

B a l . , s u r . . a f t e r d i v i d e n d s .....................

$ 5 8 7 ,0 7 1

$ 2 ,0 0 8 ,4 2 0

$ 2 ,3 1 0 ,8 7 1

• E a r n i n g s o f t h e c o a l d e p a r t m e n t In 1 0 0 6 , $ 3 8 , 5 6 1 , 1 7 1 ; e x p e n s e s , $ 3 4 , ­
0 0 0 0 5 2 ; n e t . $ 3 ,6 5 5 ,1 1 0 ; 1 0 0 5 . $ 4 1 ,2 2 6 ,0 4 7 ; e x p e n s e s , $ 3 7 ,0 3 1 ,2 2 2 ; n e t .
$ 3 ,2 0 5 ,4 2 5 ; 1 0 0 4 , e a r n in g s , $ 3 8 ,5 0 3 ,0 0 8 ; n o t . $ 3 ,4 4 5 ,4 7 7 .
O P P I C E R S . — P r e s ., W . H . T r u c s d n le :
C h a ir m a n o f B o a r d ,
S lo a n ; S e c . a n d T r c a s .. P r o d F . C h a m b e r s , 0 0 W e s t S t ., N . Y .

S am uel

Hate
%

Wlten
P a yab le.

5
4
3
4
4
4
5
5
4

g
I
g
j
k
J
e
j
g
A
g
A
g
M
g
.1
U g M
M
ft g
J
5 ir

l y j i r r * Pauable, and b y

W h om

J O ffic e , 1 95 II’ w a y . N Y
j a n 1 5 ’0 8 2 'u r o
Jan
l 1936
J F ou rth N a t D u n k. N Y
do
do
Jan
1 1930
J
do
do
J u n o 1 192*
D
1 1940
.) M a i t l a n d . C o p p e l l . N Y J u l y
do
do
D ec
1 1930
D
J u ly 1 1039
J M orton T ru s t C o , N \
A p r il 1 1940
O
do
do
Jan
1 1018
do
do
O
M ar
1 1931
do
do
s
J u ly
1 192*
do
do
.)
M a y *0 8 M a y *1.1
N B la ir A C o , N e w Y o r k
M e n * 0 8 * S e p *1 7
S
do
do
Jan
1 1030
J In te r m it T r C o , n o s t o n

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

5 In 1 9 0 7 J
4 \r
j

A u g 1 1907 i %
Jnu
1 10.15
A p r i l I 19 3 5
T r u s t C o . o f A m i r . , N Y J u ly 1 1031
N o v 1 1917
C en tra l T ru s t C o , N Y
N o v 14 1 9 1 8
N ew Y ork a n d L ou don
N o v 15 1 9 1 *
do
do
F orm ers L A T C o , N Y Jnu 5 1008 2 %
25 B r o a d S t r e e t , N Y
C en tra l T ru st C o . N Y

5 In 1 9 0 7
A u gu st
•1 g
A
.1
J
A
(>
\
ft g
A
J
5 g
.1
5 g
M A N
A
O
6
6
A
A
o
4
A
J
J

J H K M cH a rg. N ew Y ork Jan 2 ’08 2>f %

5 la 1 0 0 7 J
.1
4 g
4 g
.1

tc

4 g
M
J
4 g
4 >* g F
5
J
4 H k J
4 V , K ,A
le h $ 2 8 0 , n o n

A
S
A
D
A
A
A
D
A
I)
A
O
In t r e

D I V S . s i n c e '0 1
o n p r e fe rr e d ,

u c x x v i.

B on d s— P r ln c ipat. W h en D u e
S to c k s— La st
D ividen d .

IN T E R E S T OR D I V ID E N D S .

R A IL R O A D S .

For

j V O I j.

D

A
A

J

P

M organ
do

D

II

B

H o llin s
do
do
U S M ort A
I I U I I o III mk
M erc T r A D
a M ir y .

A

C o,
do

A

C o.
do
do
Tr C o ,
A C o,
ep C o,

^ June
June

N

1 1995
1 1995

M ar
i 1941
D ee
1 1955
Aug
1 1980
N V D eo 1 . 1008
T
o
J
u
n o 1915
N Y
B a lt T O O c t M O 12

N

Y

* 0 2 . * 0 3 . ' 0 4 . * 0 5 . * 0 6 . * 0 7 . *0 8 . '1 )0 . * 0 0 . *01 t o J - n ’ 0 8 .

0

2

0

0

2

2

2

4

4

6 yearly

4

S T O C K . — D u rin g 1 9 0 1 -0 2 p r e f. s t o c k w a s In cr e a s e d fr o m $ 2 3 ,6 6 0 ,0 0 0 t o
$ 4 1 ,4 0 0 ,0 0 0 . t o a c q u ir e t h o R i o G r a n d e W e s te r n *u ock
V . 7 2. p. 776.
In
D ec
1 00 5 $ 1 ,3 1 2 ,7 0 0 p r e f. s t o c k Is s u e d t o a c q u ir e R i o G r a n d e S o u t h e r n
s t o c k , a n d f o r I m p r o v e m e n t s , a n d In M d i . 1 9 0 7 $ 4 8 , 7 0 0 w a s l i s t e d , r a i s i n g
th e a m o u n t o u t s t a n d in g t o $ 4 5 ,7 6 1 ,4 0 0 .
V . 8 4 , |). 6 0 7 .
B O N D S . — C o n s o ls o f 1 8 8 6 f o r S 6 .i m o .0 0 o o r i g in a ll y r e s e r v e d fo r e x t e n ­
s io n t o O g d e n w e r e a v a ila b le fo r c a p it a l r e q u ir e m e n t * , o f w h ic h p a r t Issu ed .
V . 73. p. 607.
S e e a b s tr a c t o f m o r t g a g e lo V . 4 7 , p 2 2 8 .
T h e Im nroeenwnt mortaau* a b s t r a c t w a s In • 'C h r o n i c l e .
V . 47. p . 220.
A b stra ct o f R
O. W
1 s t m o r t . w a s In V . 4 0 . p 2 3 7 , a n d s t a t e m e n t t o
N . Y . S t o c k E x c h a n g e , v . 5 0 , p . 7 3 : a ls o V . n o , p . 2 8 4
. U t n ji P u o l 1 st 5a
o f 1 9 3 1 . s e e a p p lic a t io n t o lis t . V . 7 8 . p . 1 1 7 1 . 1 1 7 8 . 1 5 4 8 . • 0 1 3 .
T h e R i o (I W . first consol, u o f 1 8 0 0 a r e s e c u r e d b y a f i r s t i n e r t , , e i t h e r
d i r e c t l y o r b y a ll t h e ir s e c u r i t ie s , o n 2 1 0 m o f b r a n c h li n e * , a n d f u r t h e r b y
a s e c o n d l i e n o n 4 3 8 rn o f m a i n l i n e a n d o t h e r r o a d , a n d o n a l l n e w m i l e a g e
t o b o c o n s t r u c t e d a m t r o l l i n g s t o c k p u r c h a s e d ; a l s o b y a f i r s t li e n o n t h o o n
t ir e $ 1 0 ,0 0 6 ,0 0 0 s t o c k o f th o U ta h F u el C o ; 5 1 3 .2 0 0 .0 0 0 a r c r e s e r v e d t o
r e t i r e J * t M . Is o f 10.10 a n d a d d i t i o n a l a m o u n t s m a y b<* i M u c d a t 3 2 0 . 0 0 0
p e r i d . f o r f u t u r e b r a n c h e s a n d e x t e n s io n s o r f o r u n d e r ly i n g M ens o f a c q u ir e d
roa d s.
S e e A p p l i c a t i o n t o l i s t In l u l l . V . 7 2 , p . 5 3 7 .
V . 7 j . o . 7 7 3 . 1 180.
L is t o f c o l l a t e r a l J u n e ,10 1 0 0 7 . V . 8 5 . p . 0 6 7 .
S u it a s t o o ld b o n d s , V . 8 4 . p . 103 2.

R D . — S a m u e l S l o a n ( C h a i r m a n ) . F r o d U . W. V a n d e r b i l t . W i n . I I ,
E u g e n e H ig g in s , H e n r y
C . T a y lo r , J , R o g e r s M a x w e ll. G e o . F .
W m . R o c k e fe lle r . H a m ilto n M c K . T w o m b i y , J a m e s S tillm a n , M .
P y n e , H a r r i s C . F a h n e s t o c k , F r a n k W o r k . J o h n D. R o c k e f e l l e r J r . —
p . 0 3 1 ; V . 8 4 . p . 1 1 1 3 , 1 5 3 1 ; V . 8 5 , p . 1 6 8 , 1401 d

L A T E S T E A R N I N G S — F ro m J u ly 1 to N o v . 3 0 , 5 m o n th s :
3 m onths —
Gross.
M et.
Other t n e o m . C h d fW t.
D a l .. SUr.
$ 3 ,3 6 3 ,5 7 7
$ 1 1 8 ,3 2 8
I M lJ .J M j
$ 1 .8 6 - 1 .2 6 2
1 0 0 7 .................. $ 1 0 , 1 6 3 , 4 0 4
1 0 0 6 __________
8 .9 1 1 .8 1 6
3 .2 7 2 .7 5 0
1 1 4 .0 6 3
1 ,1 /3 ,0 2 2
1 ,0 4 2 .8 0 3

D E L A W A R E M A R Y L A N D A V I R G I N I A R R .— O w n s fr o m H a r r in g to n
t o F r a n k l i n C i t y . V n . , 7 8 m i l e s ; G e o r g e t o w n t o R e h o b o t h , D e l . , 10 m i l e s ;
t o t a l . 0 7 m lb v f .
C o n t r o ll e d b y P h lla . B o l t . A w a s h . , w h ic h o w n s $ 3 2 0 ,2 0 0
o f t h e $ 5 2 6 ,7 3 8 s t o c k (p a r $ 2 5 ) , a n d s o b y P e n n . R R .
S ee V . 50. p. 408.
In y e a r e n d in g D e c . 31 1 0 0 6 . g r o s s . 5 1 4 .0 3 8 ; n e t . b i d . o t h e r I n c o m e . $ 3 7 .­
6 3 1 : I n te r e s t, t a x e s . A c .. $ 3 0 ,7 0 0 ; b a la n c e , d e fic it fo r y e a r , $ 1 3 ,1 7 8 — b u t
t h l i d o e s n o t I n c lu d e I n t e r e s t o n H o m in g d e b t ( o f $ 7 3 1 ,8 y 0 D o e . 31 1 0 0 5 ) .

A N N U A L R E P O R T . — F u l l r e p o r t f o r 1 0 0 6 - 0 7 I n V . 8 3 . p . 6 5 1 , 6 6 3 , In*
e lu d in g th e R io G r a n d * W e s te r n .
S ee p- 620.
Y ea r em t. J u n e A 0 —
1007.
1006.
1905.
1004.
A v e r a g e m ile s o p e r a t e d .
2 ,6 0 0
2 ,4 7 7
• * 4 « -0
2 ,3 0 8
G r o s s e a r n i n g s ................... - . $ 2 1 , 4 0 0 , 0 4 3
$ 1 0 ,6 8 6 ,1 1 5 $ 1 7 ,0 .1 1 ,6 0 7 $ 1 6 ,4 4 6 ,4 3 4
N e t e a r n i n g s ..........
8 ,1 5 6 .0 3 0
7 .6 8 1 * 0 4 3
M J J »}4 7
0 .3 8 7 . 0 1 ) 1

B O A
M oore,
B a k er.
T a v lo r
(V . 8 4 ,

D E L A W A R E R I V E R R R . A B R I D G E C O .— O w n * a b r id g e o v e r t h e
D e la w a r e R iv e r n e a r P h ila d e lp h ia a n d a b o u t 1 0 m ile s o f c o n n e c t in g r a ilr o a d .
C a p it a l s t o c k ($ 1 ,3 0 0 ,0 0 0 ) b a ll o w n e d b y t h e P e n n s y lv a n ia R l t . w h ic h
g u a r a n t e e * b o n d s , p r in c ip a l a n d I n te r e s t, b y e n d o r s e m e n t ,
D iv id e n d s :
D e c . 1 00 0 t o J u n e 1 0 0 0 . I n c ! . 4 % y e a r l y ( 2 J . A I X ) : D e c . 1 0 0 6 , 3 % ; 1 0 0 7 .
J u n e . 3 % ; D e e .. 2 % .
S in k in g fu n d , I
bonds cannot b e C u l l e d , G u a r
a u iy . V . 6 2 . p, 1062. 113 0; V . 8 3 . p . 1524.
D E N IS O N B O N H A M A N E W O R L E A N S R Y .— B on h a m J o t. to B o n ­
h a m . T e x . . 24 m ile s .
O p e r a t e d s in c e c o m p le t i o n . D e e . i I llO l, b y t h e M o ,
K o n a . A 'T e x . u n d e r a 1 0 - y r . c o n t r a c t .
I n M a y 1 0 0 7 e x t e n s io n fio r n R a ­
v e n n a t o G ilm e r . T e x ., a b o u t 1 5 0 m ile s , w a s p r o p o s e d , b id s b e in g a s k e d o n
firs t 2 0 m ile s .
S t o c k . $ 5 o .ft 0 0 .
in N o v . 1 0 0 5 p e r m h r I m w a s g iv e n to
r e g i s t e r $ .1 2 5 , 0 0 0 3 d y e a r g o l d b o n d s ; non ** o u t s t a n d i n g S e p t . I U 0 6 .
V'. 7 6 ,
p . 3 8 1 ; V . 8 1 , r». 1 6 1 0 .
P r e s .. E d . D . S t c g o r ; S e e ., J o h n W . R u s s e ll.
( V . 7 7 . p . 8 2 3 . V . 8 1 . p . 1 6 1 0 .)
D E N V E R A I N T E R -M O U N T A IN R Y .— S e e In te r M o u n ta in R y .
D E N V E R N O R T H W E S T E R N A P A C I F I C R Y .— B u ild in g fr o m D e n v e r t o
S a lt L a k e , a b o u t 5 7 6 m . . a l o n g a li n e a b o u t 1 0 0 m . s o u t h o f t h e U n io n P a c .
a m i 125 m . n o rth o f th e D e n v e r A R io G r a n d e ,
li t 11)06 1 1 3 m i l e s , D e n v e r
t o S u lp h u r S p r in g s . C o l ., w e r e o p e n e d .
E x te n s io n fr o m S u lp h u r S p r in g s to
Y a n n o n y , 3 8 m . , w a s c o m p l e t e d N o v . 1 9 0 7 . g r a d i n g b e i n g In p r o g r e s s f r o m
Y n r m o n y t o S t e a m b o a t S p r i n g s , 6 8 m i l e s , t h e l a s t - n a m e d p o i n t b e i n g .164
m . fr o m S a lt L a k e .
S e c V . 7 5 . p . 2 8 0 : V . 7 8 . p . I I 0 8 : V . 8 0 . p. j .1 6 2
V 8 6 . p I6 7 .
N . W . T erm . R R . p ro p w ed.
V . 7 » , p . 1 7 0 4 ; V . ft | , p . i ; n $ *
V 8 2. n. 1211.
I n J u n e 1 0 0 5 a s y n d i c a t e t u m l c d b y v\ m . L . B u l l o f N \ Y .
a g r e e t I t o fin a n c e t h * * r o a d .
V H I. p . 1 3 5 ' V *2 p . 6 2 7 ; V . 8 $ . p . 1143.
I n c o r p o r a t e d In J u l y 1 » 0 Z w i t h $ 2 0 , 0 0 0 , o o o a u t h o r i s e d s t o c k , o f w h i c h
$ 1 0 , 0 0 0 ,0 0 0 p r c L 5 % n o n - c u m , . a l l t o b e I s s u e d f o r c o n s t r u e t I o n . t o g e t h e r
w ith S 2 u . f u i o . u u o o f t h e * 2 ? , 6 n o . o o n 4 % b o n d s , V . 7 6 p 1 1 4 7 : V 7 0 , p | 0 ?
O u t s t a n d in g J u n e 3 0 1 0 0 7 . $ 2 0 0 ,0 0 0 e a c h o f c o m m o n a n d p r e fe r r e d s t o c k
a n d $ 1 ,0 0 0 ,0 0 0 b o n d s .
T h e b o n d s o f t h e C o n t i n e n t a l T u n n e l O > . 4t o e o n
s t r u c t a t u n n e l . 6 m i l e * in l e n g t h t h r o u g h t h e C o n l l n c n t n l R a n g e 5 0 m i l e *
w e s t o f D e n v e r ( S 6 , O O O ,0 0 0 n u l l ) . ItU U el w i l l b e g u a r a n t e e d p r l n . a n d I n t .
V
8 5 , t». 1 1 4 3 .
P r e a . . D a v i d I I , M o r t a l ; V . - P . . W . G . E v a n s ; T n %.»*. .
T h o s . K . e l y ; S e e . . F . 13. G i b s o n .
D i r e c t o r * . J a n . 1 1 )0 6 .
V , 8 2 . p . 1 9 .—
| V . 8 2 . p . 4 1 X 0 2 7 . 1 2 1 1 ; V . 8 0 . p . 1 1 -1.1; V . 8 6 . p . 1 6 7 .)
DENVER
A
R IO
GRANDE
R R .— (^ re
U « p .) — R O A D .— T h e
o w n e d a n d c o n t r o l l e d a r c w e ll s h o w n o n t h e a d j o i n i n g m a p .

At lies.
R o a d o w n e d a n d o p e r a t e d ............ 2 , 4 8 ?
R to G r. J c. R R , A c (le a s e d )..
70
T o ta l J u n e 30

1 0 0 7 ....................... 2 . 5 5 2

lin e n

Miles.

O r th e p r e c e d in g :
S t a n d a r d g a u g e .................................... 1 .7 6 7
N a r r o w g a u g e o n l y ..........................
7 05
2 d t r a c k a m i 3 d r a i l ..........................
3 33

R i o G r a n d '* A S o u t h w e s t e r n R R . . L u n i b e r t o n S t a t i o n . C o l . . 3 3 m . s o u t h *
e a s t e r l y . Is o p e r a t e d o n bnsH o f 25% o f g iw i e a r n s .
V. 79. n. nt)7. T w o
b r n n e h w t, 2 a m ile * , c o m p le t e d d u r in g 1 0 0 6 0 7 .
V'. 8 6 , p . 6 6 5 ,
I n O c t . 1 0 0 7 t h e R i o G r a n d e W e s t e r n a c q u i r e d n il t h e .s t o c k a n d b o n d *
o f S a n P e t e V a l l e y R l t . , N e p h l , U t a h , t o M o r r b :o n , 6 1 m ile * , w it h 3 -m ll e
bra n ch .
V . 6 .1 , p , o ft-s ,
•
H I S T O R Y . - R e o r g a n i z a t i o n o r a railw ay c o m p a n y o f s a m e n a m e f o r e ­
c l o s e d J u l y 12 1 8 8 6 . T h e R i o G r a n d e J u n c t i o n t» l e a s e d J o i n t l y b v t h i s e o .
a n d t h e C o lo r a d o M id la n d , a n d U s b o n d * g u a r a n t e e d . T h e C o l. M id la n d h
c o n t r o l l e d b y p a r t i e s I n t e r e s t e d s e v e r a l l y In t h e 1 ). A R . G . a n d C o l o r a d o
& S ou th ern .
V . 7 0. p. 730
'T h e I I| o G r a n d e S o u t h e r n Is c o n t r o l l e d .
T h e M i s s o u r i P a c i f i c e a r l y In 11101 a c q u i r e d $ I 4 . 8 0 U . n o o c o m m o u a m i
$ 7 , 3 0 0 , 0 0 0 p r e f e r r e d s t o c k , t h i s , t o g e t h e r w i t h t h e R o c k e f e l l e r I n t r r r s t * . It
I s u n d e r s t o o d , c o n s t i t u t i n g a c o n s i d e r a b l e r n a j o r l y o r t lm e n t i r e s t o c k
V . 7 2 . p. 338 5 8 0 , 1238; V . 7 3. p . 506
D . A R . G . a n d R io G r. W e s t , o w n t w o -t h ir d s o f t h e s t o c k a n d h a v e g iv e n
a t r a ff ic g u a r a n t y t o t h e W e s te r n P a c ific R y . (w h ic h s e e ) , b u ild in g fr o m
S a lt U ilie C lt y t o S a n F r a n d s c o .
V . 81. p. «45 ; V . 83, p. 368.




Other lu cotn o............... .

243,379

T o t a l n e t I n c o m e ______ $ 8 , 4 0 0 , 3 0 0
I n t e r e s t o n b o n d s ............... $ 3 , 2 1 0 . 5 8 1
T a x e s a n d I n s u r a n c e ___ _
7 5 8 .0 0 8
B e t t e r m e n t s . A c ..................
1 ,5 2 5 ," 0 0
M i s c e l l a n e o u s .......................
.1 7 4 . 0 2 0
D IV . 0 0 p r o f. S t o c k , 3 % ,
2 .2 8 6 .8 5 3
B a l a n c e , s u r p l u s _______

$ 2 4 4 .0 )4

262,1*4

102,13.1

314,340

$ 7 ,8 1 4 ,0 6 7
$ 3 ,1 0 1 ,0 0 7
7 3 7 .5 0 2
l .1 5 0 .0 0 0
3 2 2 ,1 8 5
2 .2 X 5 , 6 3 5

$ 7 .0 5 4 .6 8 0
$ 3 ,1 8 2 ,5 7 3
7 6 1 .0 3 8
2 8 3 ,0 1 .1
2 0 8 .6 1 7
2 .2 5 0 .0 0 0

$ 0 ,6 0 2 ,3 3 0
$ 3 ,1 7 0 ,8 0 2
6 7 1 ,4 7 0

$ 1 5 6 ,8 3 0

$ 2 7 8 .6 .1 7

$ 2 3 4 ,4 1 3

3 0 3 ,6 5 1
! ,2 2 0 ,0 0 0

OFFIOBUS.—Chairman of Board. Gcortje J. Ooulrt! P r o .. E. T . JelTcry;
Vice*Pres.. CIi m . H. Sehlnoks: Tri-os., J. W. Ollluly: See. and Compt..
Stephen Little. Omce, m s Broadway, N. \ .
,
„ , ,
D i r e c t o r s — t l u o r u o J . d o u l d . W i n d o w .S. P l e m - . E . P . l e l l r r y . E d w l i i
f l o n h l , H o w a r d r j o u l d . A >1 C o l o r o n d A r t h u r O o g n e l l . N j w N o r ft; C h a r l e s
II S c h l a c k s * m t J o e l F . V a l l e . D e n v e r , C o l . — ( V . n s , p . .(B A , :* 3 1 .
D C N V L l;

V C L L O W S r o N l;

*

P A C IF IC

R V . -S e e

p m ci-

17V

P E S M O IN E S A F O R T P O IX IE
R R .— (S e e M a p .U l n lK i p O ll ,
gi
u n t i l . ) — O w n s D e s M o i n e s t o F t . D o i l i r o . I A . . AA m . . s o i l r n r n t o l l i t t n v e n .
3 S r n .: i r n c k w r e . I l l i n o i s C e n t r a l . T a r n t o F t . O i a l i t e J e t . . 8 m . I n o t u . l r . l
sh ove
O n M a rch I l o o t M in n e a p o lis A h t . L o u is a c o u lr e d
.V.» . 11u0 o f
t h e o u t s t a n d i n g I 4 . 2 M . 1 0 0 c o m . s t - r c k , a n d it u n r n n ic r s t h e S :t .» 7 £ ,0 0 0 fir s t
m o r t c iffC l ' , ir o n ! l e m d s I s s u e d t o r e t i r e a l l t h e O U tH ta iu lln it h o n . l s w h i c h tn n *
t i l t e d J a n . 1 lu O S ; t h e M i n n . A S t . L o u i e l e a s e s t h e r e n d f u r 3 0 y e a r s f r o m
J a n , I 11)0.1; a l l I n c o m e o v e r c h a r i c c s , I m p r o v e m e n t s , f t e . . t o h e p n l d t o
ten sor.
V . 7i> . n . 7 r,n , i 7 n l . 7 0 8 3 .
F o r m o f t t u n n i n l y , V . t't. p . 7 ii u n .
l - r c f c r r c i l s t o c k Is e n t i t l e d t o 7 % i u o n o t i m u l a t l v e , t h e n c o m m o n t o 7 %
a ft e r w h ic h b o t h s h a r e e q u a lly .
......................
.
T h e s t o c k h o l d e r s t u n e a lu n n a u t h o r i s e d S I .p u n .n o n s e c o n d m o r t e n s e
b o n d s , o f w l i l e h > 8 0 0 . 111)0 w n s u s e d t o p a y f h m i l m r d e b t i n c u r r e d f o r Im
n r o v e t n e n i s a n d r r T u n i l l n t '. t h e i i n n m o u s t a c k b e l n a r n l s r d f r o n i 5 1 . . S 3 .1 0 0
t o 5 3 .3 3 3 .n n o e n d t h e p r e f o r r o d f r o m S 7 8 3 .3 0 0 t o S I , 1 8 1 ,0 0 0 t o tn n k o t h is
I H is s I h le .
V.
p . 1133.
D I V I D E N D S .—
I
'9 1 , ' 9 4 . " 0 3 . '9 8 t o ' l l * . '0 9 t o '0 3
'P I t o '0 7 .
O n p r e fe r r e d -2
4
. 4
8 y 'r l y .
7 y rly .
6 y e a r ly .
P re s . E d w in H s is le y : V lc e -P r e s .
L . F . D a y ; 'T r e a t .. P , I f . D a v is ; S e e .,
W . S . C r n n ile ll.
I l c p o r t f o r y e a r e p d li t t r D e c . 31 I 0 U 8 In V . 8 4 . p . 1 3 4 * .
S h o w e d • .■ ro M e a r n ln r i . * 8 : 7 . 3 3 8 ; n e t * 2 8 4 , 8 0 4 : t a s e s a n d I n t e r e s t . * 1 7 3 . 0 9 2 .
d iv id e n d s ( 3 % ) . * 3 3 ,1 7 3 ; s u r p lu s . * 3 2 ,7 3 7 ,— (V . * 4 . p .
I* 4 » ).

1488.

D E S M O IN E S I O W A F A L L S A N O R T H E R N R V . — I o w a P a l l i . In .
to
D C S M o i n e s . 73 m . , c o m p l n t e d A t t e . 1 0 0 3 .
In l)e e . 1903 W m . A
I t r a d fn r il
J r . O f N e w Y o r k n e ip lliv il c o n t r o l.
V . 3 1, p . 1 7 -3 .
I Im S t . P n u l \ D o
M o i n e s H i t . fw h lr s h , e e ) . o w n e d h y t h e s a m e I n t e r o s W , I s h u l l i l l n i r it r o a d
f r o n t I o w a F f t l l t t o M a - o n C H y , 4 6 Q i l k i . o f w h i c h 1 7 c o i n p l c t c i ] III J u l y 1 9 0 7 ;
h s l a n c e t o b e In 1 0 0 7 .
v . « 3 , p.
* 1 . p , 1 7 - .I .
S t o c k n u t h o r l r e d . * l , 2 n o . n o o . o u t K t n m l l n e . * 8 3 1 ,'llrtl J u n e JO l o o * / ; p n r
o f sh a res. *1 00 e a ch .
B o n d s a r e l i m i t e d t o 8 1 4 , 0 0 0 t ie r m i l e w i t h * 3 0 . 0 0 0
in fill t lo n u l f o r D o M o l n r x t e r m i n a t e .
T h e ,S t. I a l l ! A D r * M nlm -*t in 1 0 0 7
m a il© a m t g " . t o > ic c u r c a u Im u c o f b o m l * .
F o r D ie y e a r © m i l n g J u n e ;m 1 9 0 7
g r n flx . $ 2 2 8 , 6 0 7 : n o t , $ 8 6 , 3 1 7 : I n r . . r a x i x , Sec.. $ 6 8 6 4 4 ; b a l . . a u r . . $ 1 9 , 6 7 3
, W . A B r a d f o n l J r . ; S o c . A 'I Y c a s . , 0 . n . W . D o d g e .
( V . a.6, p . 1 6 0 .)

1*0; v.

,

D C S M O I N E S U N I O N R Y — T e r m i n a l r o a d I n D c * A l o l n n ; o w i i h 4 t t ilfc a
m a i n t r a c k a n d b r a n c h © * , 1 4 m l l c a 2 «l a m i *»filfl t r a c k a . b r i d g e a c r o i .a D m
M o l D M R i v e r a n d 2 5 a c r c a o f l a n d In O n M o l n n . S e e « t a i c m « * i i t t o N . Y .
S t o c k E - x c h a n g c in V . 6 5 . p . 1 1 7 3 .
L ea sed t o W n b a tb R R .. U ilc a g o G re a t
W e s t e r n , C h i c . M U w . A S t . P . R y . , C h i c , B u r l* A Q u i n c y R R , D e s M o t n m
I o w a F a l la A N o r ‘ n R y . a n d M i n n e a p o l i s A S t . L o u l> R R .
V . 7 3 , p. 342.
R e n t a l e q u a l t o e x p e n a e a a n d f i x e d C h a r g e * p a i d m o n t h l y h y lc < n c r * o n
w h e e la g * « u a a la .
S t o r k a n t h ,, $ 2 ,0 0 0 ,0 0 0 ; o u t ., $ 4 0 0 ,0 0 0 : p e r . $ 1 0 0 .
Y ear
i n o a - 0 7 . g r n * < . $ .1 3 9 , 6 7 6 ; ««<•), $ 1 2 ,1 ,3 1 2 ; c h a r g e * . $ 6 9 , 1-16 .
( V , 7 5 . p . 3 1 2 .>

< p E L A W A R E

llprh, U ;

mtfi
•Mon*!'

Tw»l U>v

F**m

\ A C K A W A N N A
fee.’

^

W

»*«
Las%%i

e s t e r n

fr> u l .f

R

a i l r o a d

lM t o l£

<’/■

TVl.Wf|

A lffU

CU*4

HROUGH

J lk N 'ih M ^
S ln r t i M ilt

r

bn** 1li

Ck j u h

>p« T|m »

C*HtU.

/

P»t«o*taa

V-4.S

r ,« l M * r W '\ n »rT**»*'

I L o«ta k »
\L*
»*N.
u«u>*ri j
Y

AU.'O

[W4 IUpl«a

N n ip

r.u«.

l<

M l
;Milw»uV«
n M

H

u.

Cmif'U

RAILWAY STOCKS AND BONDS.

fr> K iA iii
C4««rto

ONNECTIONS

C»t»|*rU*lri>

\

i

o -ijV "
{UcthTtlll'

C*«*4

l-j« r

■
Dnȣ<*

NMl
r ~ i--t

D u n r J >,

jC^rry Ti

*3 5««ik 0 J
' .ir »«

B u m lit

fehic.'12'O

Di\Mi

Arti
*•*»*.

V«9s*
M j

I V l Ai>4>«K7

c p m z ij

•w i l l y
•m A i )

A..i
Mltwewd
^1
I
. Br*0»»
KkA*CM

’SlM tl

1

rtrii
C*a»J
[Au»t>r w «

> »■

l« K k

lu m h e r j.n
Q

» h i
[Be

9j ,l M

Wk»»U* »

H fcto

W «u«o

coaMQfTtn*
I

0 > ■ !»! 1

XUCtaOT*

[y ttu

w

IU t M l

:s.JE 3L

•Ia n .,

loos |

C<tUiJU

r*im nol
iOrWuo

/« U u 4

l■-

civ
9tiM<

r«> !




3 *.
C «U n

Baltimore"

s

Cwv u t o l i

RAILWAY STOCKS AND BONDS.

56
R A IL R O A D S .

IN T E R E S T OR D I V ID E N D S .
M ile s
Date
Of
Hoad. B o n d s .

F o r expla na tion of colum n headings, A c . . tee notes
on first page o f tablet.
P e t A Tr»l S h L - 1 s t M $ 3 , 0 0 0 . 0 0 0 g g u p A I . M e . c * A r
D o v e r A R o c k n w n y — S l o c k 6 % r e n t a l 0 0 0 y e a r s _____
D u b A S i o u < C i t y -1 1 1 C e n t W l i n c a 1 s t M g . . U » . c * A r
I o w a F a lls A S io u x C it y 1 st M I o w a F a ll* t o S lo u x C y
C her A D ak
O Ft A C a m i O m a h a U l v e t c 1 s t M
D u l ii tit A I ton R a a g e — F l m m o r t g a g e ...............M p . c A r
S e c o n d M c u r r e n c y r e d e e m a t 105 $ 5 .0 0 0 ,0 0 0 .-C e .c *
D u l u t h M l e J a b e .5c N o r t h e r n — F i r s t m o r t g a g e g o l d a /
F i r s t c o n s o l M $ .* 1 ,5 0 0 .0 0 0 g o l d c a l l a t 1 0 5 ________ C e
G e n e r a l M g o l d ..................... ............................................................N
D u I R L A W i n — 1 s t M 5 2 . 0 0 0 .0 0 0 g r e d 1 0 5 b e g * l 1 _ I C .o *
D ' l u i l i S o S li A A t l a u t l c — M n r q H A O n g e n M . C e . c *
D u lu t h S o u t h S h o r e A A t l a n t i c 1 st M g o l d .C c . c A r
F ir s t c o n s o l m o r t g a g e g o ld in te r e s t g w a r .C e .c * A r
I n c o m e c e r t s ( 5 5 . 0 0 0 . 0 0 0 u e l d b y C a n P a c J u l y *07)
Car t r u s t s g u a r b y C a n P a r , d u e m o n t h l y ........................
do
do
g u a r b y C a n P n c (d u o 5 1 7 ,0 0 0 y r ly )
O u r A S o C a r - 1 s t M $ 5 0 0 ,0 0 0 g o l d r e d | 0 f t . . . M « B a
D u r h a m U n io n S d ilio n
1st M $ 7 5 ,0 0 0 g .
.S c*A r
D u tc h e s s C o u n ty R R — S e c C e n tr a l N e w E n g la n d H y .
B a s t M a t u i n o y K R -— S t o c k
Gnat P e n n s y l v a n i a — S t o c k 5 % g u a r 0 0 9 y r s P h lla A R
F ir s t M g o l d g u a r p A 1 b y P A R R R ( e n d ) . - C *
R e a l T e n n e s se e V ir g in ia & G e o r g ia — S e c S o u t h e r n R y .
B a s t T c n n A W N o C a r — 1 s t M g ( V . 8 i ,p. 1 7 2 3 ) . Q u P . c r
H n a tcr n R y o f M lu u v a o t a — S e e G r e a t N o r t h e r n . . . . . .
Bl P a t o A N o rth e a a tcrn — N M R y A C oa l M g o ld .. T o
N M R y A C o a l c o ll tr u s t g o ld r e d e e m a b le a t 1 0 5 .. N
A l a m A S a c M t fi r s t M $ 0 0 0 ,0 0 0 g o l d g u a r a n t e e d . . N
E l P a s o A R o c k Ini f i r s t M $ 2 , 5 0 0 , 0 0 0 g o l d . . T a .O *
D a w s o n R y A C o a l c o l l tr u s t g o l d g u a r n A l . . T a .c *
E l P n a o U n i o n P a t * D e p o t — 1 s t M g $ 2 * 1 0 .0 0 0 s f . l a
E lg in J o lie t A B a i t e r n — F ir s t M ( 5 1 0 ,0 0 0 ,0 0 0 ) g . C e c *
E lm ir a A L a k e O n t — S o d u s B a y A S o — 1 st M g . U n . o
E lm ir a A W i ll ia m s p o r t — S t o c k c o m m o n 5 % r e n t a l N C
P r e fe r r e d s t o c k 7 % r e n ta l 0 0 0 yearn N o r th e r n C e n t
F i r s t m o r t g a g e ........... ..............................................................................
I n c o m e b o n d s 9 0 9 y e a r n t o r u n ............................................... c *
I n c lu d e d (a ) > 2 0 8 .0 0 0 .
( b ) $ 5 0 ,0 0 0 In t r e a s u r y

41

1905

218
181
328

1805
18 8 0

210

6 'U f , or

$ 1 ,0 0 0
100
1 .0 0 0
500 A c

88 ’ 00
1587
1808
1802
I 803
1008

210

Of.
130
215

l ,0 0 0
1 ,0 0 0

1 5 ft
418
572

H

34

1885
1887
1800
1802
1008
1007
1005
1905

i .0 0 0
1 ,0 0 0 A c

1888

30
60
1 .0 0 0

1005

1 .0 0 0

100

105
at
128
133
181
34
76 H
7 5 Pj
7 5 J*

1807
1808
1001

1001
1005
1801
1884

I86 0
1883
O f* 121 P a so A

1 ,0 0 0
1 ,0 0 0
1 .0 0 0
l .1100
l ,0 0 0
1 .0 0 0
50
50
t .0 0 0
500
N o r t h e&

n et.
n e t.

$ 1 8 1 ,5 8 8
2 2 9 ,8 9 7

D E T R O IT H IL L S D A L E A S O U T H W E S T E R N
R R .— O w n s Y p s lU n t l.
M ic h ., t o B a n k e r s . M i d i ., 6 5 m .
L e a s e d In p e r p e t u i t y J u l y 1 188 1 t o t h e
l* a k e S h o r e A M ic h . S o u t h e r n R y . ; r e n t a l, $ 5 4 ,0 0 0 p e r y e a r — 4 % o n s t o c k .
M ARQUETTE

R Y .— S E E

M IS O .

COS.

D E T R O I T & M A C K I N A C R Y .— O w n s fr o m B a y C i t y , M ic h ., t o C h e b o y ­
g a n . 1 0 5 i n . ; R o d © C i t y B r a n c h , 3 2 m . ; P r e s c o t t B r a n c h , 1 2 r n .; L i n c o l n
B r a n c h , 14 m . j A u G r e s B r a n c h , 8 m . ; v a r io u s lo g g in g b r a n c h e s ( l a r g e ly
t e m p o r a r y ) . ,^3 m . : t o t a l . 3 14 n i
E x t e n s io n n o r t h fr o m T o w e r t o C h e b o y ­
g a n 2 2 m , w a s c o m p l e t e d In J u l y 1 0 0 4 . a m i t o b e c o n t i n u e d t o M a c k i n a w ,
2 3 m ile s fu r t h e r .
E x t e n s io n fr o m A lp e n a t o A t l a n t a . 3 8 m ile s , w a s u n d e r
co n s tr u c tio n
J u ly
1007.
I n 1 9 0 0 0 / c a r r ie d 1 ,4 7 8 .4 5 0 t o n s , o f w h ic h
fo r e s t p r o d u c t s fu m l s h e d 4 7 .5 5 % .
In 100 2 H e n r y K . M c H a rg a n d a s s o ­
c ia t e s a c q u ir e d c o n t r o l.
B O N D S .— “ M o i ig n g c b o n d s " fo r 5 5 0 0 .0 0 0 w e r e r e s e r v e d fo r b e t te r m e n t s
A c ., a t n o t o v e r 5 5 0 .0 0 0 p e r y e a r .
V . 7 4 , p. 820.
I n a d d it io n t o th e
a m o u n t s s h o w n a b o v e a s o u t s t a n d i n g . $ 4 5 0 , 0 0 0 " r t r s t l i e n " a n d $ 2 5 0 ,0 0 0
" m o r t g a g e ” b o n d s w e r e o n J u u e 3 0 1 90 7 h e ld In t h e t r e a s u r y .
E q u ip m e n t
n o t e s ( r . s ) , $ V 4 0 ,0 0 U , d u e $ 8 , 6 8 7 m o n t h l y t o J u l y 1 9 1 0 I n c l u s i v e ; l o a n s a n d
b ills p a y a b le J u n e 3 0 1 9 0 7 ,5 2 1 0 .8 2 7 ,
STOCK
— T h e c a p i t a l s t o c k Is 5 3 . 0 0 0 . 0 0 0 . O f W h i c h 5 2 . 0 0 0 . 0 0 0 c o m m o n
a m i 5 1 . 0 0 0 .0 0 0 5 % n o n - c u m . p r e f e r r e d .
S e e V . 7 4 . p , 6 2 0 . D lv . o n p r o f..
2 >,
J u ly 1 1 9 0 3 ; s in c e t o J o n
1 9 0 8 , 5 % y e a r ly .
n e t . 5 1 3 5 ,6 6 7
L A T E S T E A R N I N C I 9 . — 11 0 0 7 , ______ G r o s s , $ 5 5 1 , 6 9 8 ;
m o * . J u l y 1 t o N o v . 3 'L 1 1 0 0 6 .
.G r o s s ,
5 2 5 ,6 8 9 ;
n e t,
9 1 ,9 4 9
E A R N IN G S .
R e p o r t f o r y e a r e n d i n g J u n e 3 o 1 9 0 7 w j ik in v . 8 5
p
1 2 0 6 , s h o w i n g , rr o M v , $ 1 , S l i . 3 7 3 ; HOC, $ 2 1 9 , 9 2 1 : I n i . , t a x e s , A c , . $ 1 6 7 ,1 * 8 7 ;
p r * f . illv
( 5 V ; j . > 1 7 .3 0 0 : b /i L .jlU r .. 5 5 .2 3 3 ,
( V . 8 5 , p . 1 9 0 3 , 1 2 0 a .)

3

D E T R O IT

R IV E R

TU N N EL

C O .— S e e

M ic h ig a n

C en tra l

D E T R O IT
I O L E D O A I R O N T O N R Y . — O p e r a te a r o a d f r o m D e t r o i t *
M i c h . , t o I r o n t o n , v i a L i m a . 3 8 1 i n . . I n c l u d i n '? 16 m , o f t r a c k a g e ; b r a n c h e s .
K i n g m a n t o N c d a ll a , ( ) . , 31 i n .; J a c k s o n t o C o r n e li a , 2 0 i n ., .im l i.t s m a n
Jet
t o D e m i , ( ) . , 3 h i . ; t o t a l , 1 3 3 m . ; c o a l m i n e 1n i c k s , y a r d t r a c k * a n d
s i d i n g s . 1 2 5 rn .
O u tle t fo e b it u m in o u s c o a l o f S o u th e r n O h io
in J u n e
1 9 0 5 a c q u ir e d c o n t r o l o f A o n A r b o r R R
V . 8 1 . p 2 6 4 ; v . 8 2 , p . r#00.
O R G A N I Z A T I O N . - I n c o r p o r a t e d M a y 1 9 0 5 a s s u c c e s s o r , p e r p la n V .
80,
p . 6 6 0 , o f D e tr o it S o u th e r n R R , fo r e c lo s e d , s u b je c t t o O h io S o u th e r n
D iv is io n m o r t g a g e .
V . h o. p . 2 3 4 4 , 1866.
S T O C K . — C o m m o n s t o c k r e p r e s e n t i n g c o n t r o l ( p a r 5 1 0 0 ) -------- 5 12,B O O .O O O
1 st p r e f. 4 % n o n - r u m .. w ith p r e fe r e n c e a ls o a s t o a s s e ts a n d c a n \ t l b l e a t o p t i o n o f h o l d e r s I n t o 2 d p r e f e r r e d - - ................................
7 ,$ 0 0 ,0 0 (1
2 d p r e f e r r e d 5 - n o n - c u m u l a t i v e ( p a r $ 1 0 0 ) ............ .................................. 5 ,0 0 0 .0 0 0
B O N D S . — G e n lie n a n d d l v l i , 1 st 4 s a r e s e c u r e d b y m o r t . o n e n t ir e aya t o m . I n c lu d in g fu tu r e p r o p e r t y , e x c e p t T o le d o t e r m in a l.
T h e c o n s o l . 4 14 * c o v e r t h e w h o l e s y s t e m a n d a r e a l s o a O r a l l i e n u p o n t h e
s t o c k o f t h e T o le d o S o u t h e r n H R . a m i a ll a d d i t io n a l m ile a g e c o n s t r u c t e d
o r a c q u ir e d b y m e a n s o f b o n d s o t h e r th a n t h e $ 2 ,6 7 3 ,0 0 0 fir s t Issu e.
T h e $ 2 2 ,5 0 0 ,0 0 0 c o n s o ls w e r e I s s u a b le a s fo llo w s :
R e s e r v e d t o r e t l r o O h i o .S o u t h e r n D i v i s i o n b o n d s .................. • • • . . . . $ 4 , 5 0 0 , 0 0 0
do
do
g e n e r a l l i e n a n d d i v i s i o n a l l a t M . 4 s ......................... 4 , 2 5 3 . 0 0 0
do
do
e a r t r u s t n o t e s .........................................................
3 2 0 ,0 0 9
I s s u e d f o r a s s e s s m e n t a n d t o s y n d i c a t e f o r c a s h ................................ . . . . 2 , 6 7 5 . 0 0 0
R e s e r v e d f o r c o r p . p u r p o s e s a t n o t e x c e e d in g $ 7 6 0 ,0 0 0 y e a r l y . . .
2 ,6 0 0 .0 0 0
R e s e r v e d e s p e c ia lly fo r e x t e n s io n s , te r m in a ls a t T o le d o o r e ls e ­
w h e r e , O h i o R i v e r b r i d g e o r b r i d g e s I m p r o v e m e n t s . A c ............... 8 . 2 5 2 . 0 0 0
T h e 5 % n o t e s o f 1 0 0 5 ($ 5 ,5 0 0 ,0 0 0 p r e s e n t Issu e) a r e s e c u r e d b y $ 3 .0 0 1 ,0 0 0
A n n A r b o r p r e fe r r e d a n d $ 2 ,1 0 0 ,0 0 0 c o m m o n s t o c k a n d $ 5 ,0 0 0 ,0 0 0 D * t. T .
A l. c o n s o ls .
A f u r t h e r $ 1 ,5 0 0 ,0 0 0 m a y b e Is s u e d t o a c q u ir e r e m a in in g
A n n A r b o r stock .
V. *0, p
1 *15 7, 2 6 2 0 ; V
8 1 , p , 135.
L o a n s n m l h i ll s
p a y a b le J u n o 3 0 1 0 0 7 . $ 5 6 5 ,0 0 0 .
R E PO R T

Year.

- F o r y e a r e n d i n g J U flC 3 0 1 9 0 7 In V . 8 3 , p . 1 3 3 5 .

E n tire S ys te m {including A n n A rbo r,)
tB o ss.
.V r f .
QttI liuotnr. In t.A U tree,

.................. $ 1 , 2 0 8 , 0 2 6
1906 07
1905
06
4 .1 1 8 .8 0 9

$ 1 ,3 2 0 ,3 2 0
1 ,3 4 3 . 1 8 1

$ 2 0 ,1 3 7
3 4 ,2 0 2

$ 1 ,3 4 5 ,6 3 8
1 .2 1 7 .6 7 9

B alnnrr,
$ 5 ,8 2 0
1 6 9 .7 6 3

Detroit Toledo . t fron ton l>ri/jxr.
1806 07
____ $ 2 , 1 1 6 , 4 0 7
$ 5 5 3 ,4 6 2
$ 1 ,5 5 3
5 9 2 6 ,6 3 8
d c f . $ 3 7 1 ,8 2 ?
1905
06 ..
. 1 ,9 8 3 ,5 7 7
5 5 9 .0 3 0
3 .0 9 7
8 3 6 .5 6 8
d e f.
2 7 0 .0 1 1
I n t e r e s t c h n i v r f I n c l u d e s y e a r l y $ 2 7 9 , 0 0 0 i n t e r e s t n it c o l l a t e r a l t n m n o t e s
lo a n e d f o r \ n » A r b o r s t o c k .
S e c V . 8 3 . d . 1034
P t e s ., K u g r n r Z im m e r m a n ; S e c . a n ti T r e a t ., O . C a s p a r N ile s .
O ffic e ,
D e t r o i t . — ( V . 8 3 . p . 117 0 ; V . 8 4 . 'p . 3 6 0 ; V . . 8 5 , p . 7 2 2 . 1 3 3 5 ,)
D E T R O IT A T O L E D O S H O R E L IN E R R .— E x te n d s fr o m T o le d o to
(s u b u r b s o f) U n t r o t i, 4 7 .6 m .; 2 d t r a c k . 2 0 m .; s id in g s , 3 m .: t r a c k a g e o v e r
T o l e d o R y . A T e r m i n a l C o . , A c . . 3 1 m . ; t o t a l t r a c k , 1 0 1 .6 m i l e s : l a i d w i t h
8 0 - lb . S te e l r a il.
See V . 7 8. p. 2598.
T h e G r a n d T r u n k W e s t e r n R y . a n d t h e T o l e d o M t. L o u i s A W e s t e r n R R .
o w n t h e e n t ir e s t o c k a m i j o i n t l y g u a r a n t e e t h e b o n d s , p r in c ip a l n n d jln t e r e a t ,
h y e n d o rse m e n t.
S e c fo r m o f g u a r a n ty . V . 7 6 , p . 6 3 3 .
T h e u n is s u e d b o n d s
a r c r c r r v r d fo r n x m u d t m s a n d I m p r o v e m e n t s .
\
..........li n g J u
g roN *. $ 8 1 0 ,2 6 7 : n e t . $ l u o , 3 u l ; I n te r e s t o n b o n d s (le s s I n t . o n b a n k b a l a n c e s ) .
$ 8 9 ,0 3 6 ; b a l .. " ir . $ 1 0 1 ,2 7 3 .
P r c .i,, T , P . S h u n t s - ( V . 7 8 . p . 2 3 9 8 .)
D U B U Q U E A S I O U X C I T Y R R . — (See M a p o f Illin ois Central,) — O w n s
D u b u q u e . I o w a , t o I o w a F a l l s . 1 4 3 in lle s ; I o w a F a l ls t o S i o u x C i t y . 1 8 4 m , ;




Ac

5 1 ,0 0 0

F o r y e a r e n d i n g D e c . 31 1 0 0 6 , g r o s s , 5 1 .7 3 0 ,2 1 2 ; n e t , $ 4 4 2 ,7 5 9 ; c h a r g e s ,
$ 3 6 0 ,9 0 1 ; UAL. * u r .. $ 3 1 ,7 6 8 .
F o r 1 0 0 5 , g r o s s , $ 1 .4 8 0 .0 0 3 .— (V . 8 2 , p .9 8 0 .

A

Ac

1001

n i o s . . 1 1 0 0 7 ...........................G r o s s . $ 8 2 0 , 0 7 8 ;
3d
/ I 9 0 8 ...........................G r o s s .
7 7 0 .1 2 5 ;

M A C K IN A C

An

1 .0 0 0
1 .0 0 0
1 .0 0 0
1 .0 0 0
1 .0 0 0
1 .0 0 0

1000

D E T R O I T G R A N D H A V E N A M I L W A U K E E R Y . — (S ee M a p G r a n d
D e t r o it t o G r a n d H a v e n M i c h ., 1 89 m ile s .
A re­
o r g a n iz a tio n o f S e p t . 1 8 7 8 .
T h e p r in c ip a l a n d In te re st o n th e b o n d s a re
g u a ra n te e d b y th e G ra n d T ru n k o f C a n a d a .
S t o c k . $ 1 ,5 0 0 ,0 0 0 ; p a r . $ 5 0 .
R e a l e s t a t e b o n d s o r m o r t g a g e s . $ 2 2 8 ,0 0 0 .
O n D e c . 31 1 00 8 s u n d r y o u t ­
s t a n d i n g n cain., $ 2 8 5 , 0 0 0 .
G r a n d T r u n k o f C a n a d a o w n s e n t ir e s t o c k .

D E T R O IT

Am ount
Outstanding

Fa r
V a lu e.

Trunk R y . ) — ► O w ns f r o m

B A R N I N O S . -5
J u ly 1 t o N o v

[V O L . L X X X V I.

Ran
«

When
Payable.

Where P a ya b le , and b y
W hom .

4 g
$ 2 , 2 8 . 8 ,0 0 0
A
J
J M e r c a n t ile T r . C o , N Y
1 4 0 ,0 0 0
6
A
A
O 1 4 3 L i b e r t y S t . N e w Y 'o r k
5 .4 2 5 .0 0 0
4 g
A
A O tU c e . 1 1 5 B ’ w tty N Y
F
2 .8 0 0 ,0 0 0
7
A
A
do
do
O
8 ,9 3 0 ,0 0 0 I llin o is O c n t r a l b o n d s o r c o l la t e r a l t h e r e f o r .
5
A
6 ,7 . 4 2 . 0 0 0
A
O u ff le o . E m p ir e B l d f , N Y
r,
S ee te x t.
A
.1
do
do
.1
1 .1 7 ( . 0 0 0
6 g
J
J
A
1 , 2 7 3 ,0 0 0
A
6 g
J
J C e n tra l T ru st C o . N Y
5 ,5 4 0 .0 0 0
A
-I
J C o m p a n y 's o f f i c e , N . Y .
5 g
2 .0 0 0 .0 0 0
A
.1
J C h a se N a t B k .N Y ; A C hi
ft g
6
1 ,0 7 7 ,0 0 0
A
A
O 44 W a ll S t r e e t , N e w Y o r k
6 g
3 ,8 1 6 ,0 0 0
A
.1
J
do
do
1 6 ,1 0 7 ,0 0 0
F
A
A N ow Y ork o r L on d on
4 g
3 ,0 0 0 ,0 0 0
4
1 2 0 ,2 2 8
J
A
4 .i<
J
1 8 1 ,3 1 0
5
J A 1) 15
3 0 0 ,0 0 0
A g
.1
A
J M e r c h a n ts * T r C o . B a lt
5 1 .0 0 0
5 g
M A
N S ta n d a rd T ru st C o , N Y

B on d s — P rin c i­
pal, W hen D u e .
Stocks— La st
D iv id en d .
Jan
O ut
Aug
O ct

1 1953

O ct
Jan

1

Jan
Jan
Jan
A p r il
Jan
Aug

A
6
4 g

6 0 0 ,0 0 0

5 g

M

A

N G u a r T r A S D C o , P h llu N o v

2 ,0 0 0 ,0 0 0
« 3 . 0 0 0 .0 0 0
b 3 7 2 .0 0 0
2 ,5 0 0 ,0 0 0
3 .0 0 0 ,0 0 0
2 4 0 ,0 0 0
8 ,5 0 0 .0 0 0
5 0 0 ,0 0 0
5 0 0 .0 0 0
5 0 0 ,0 0 0
9 6 1 .0 0 0
570 000
ste rn R y .

i g
5 g
1 g
6 g
5 g
ft g
ft C
3 g
5
7
6
3

A
A
A
J
si
.)
M
.1
M
J
J
A

A
A
A

O
O
O
J
J
J
N
.1
N
■l
J
O

A
A
A
A
A
A
A
A
A

19.17

1 1 01 0
l

1923

1 1041
1 lo in
1 1925

1 1937
1 1990

T O J * n 191!
J u n e 1 9 ( 1 8 -1 0 1 7
J u ly 1 1036
M ay 1 lu ll

4 9 7 ,7 5 0
1 ,7 .1 0 .4 5 0
4 9 5 ,0 0 0

J A D
J
A
M
A

1007 3 %
1 1931
l 1017

13 R e a d i n g T e r m , P h ll a , P a D e c 1 6*0 7 2 U %
J a n 15 *08 3 %
.1
do
do
S
M ar
1 1058
do
do

T r u s t C o , o r A m c r ., N .Y .
do
flo
do
do
do
do
do
do
do
do
71 B r o a d w a y N e w Y o r k
N at Bank o f C om m . N Y
B r o a d S t S t a t i o n , P h lla
do
do
do
do
do
do

1 1035

O ct
1 1951
O ct
1 1947
A p ril 1 1928
Jan
1 1031
J u ly 1 1951
J a n 1 1 9 1 6 -1 0 3 5
M a y 1 1941
J u ly 1 1024
N o v 1007
J a n 1008
Jan
1 1910
O ct
1 2862

M a n c h e s te r t o C e d a r R a p id s . 42 m .; O n a w a . I o w a , t o S io u x F a lls D a k o t a ,
1 6 5 m . ; C e d a r P a l l s t o M i n n e s o t a S t a t e L i n e ( m e r g e d b y c o n s o l i d a t i o n In
1 8 9 6 ) , 7 6 m . ; T a r a S t a t i o n , n e a r F t . D o d g e . l a . , t o C o u n c i l U lu iT s , 1 3 0 i n . ;
tota l ow n ed 730 m .
O R G A N I Z A T I O N .— C o n t r o lle d s in c e A p r il 1 8 8 7 b y th e I llin o is C e n tr a l
R R . . w h ic h o w n s a ll e x c e p t a fe w h u n d r e d s h a r e s o f t h e $ 1 5 ,0 0 0 ,0 0 0 s t o c k
(a s I n c r e a s e d J u n e 1 0 0 0 ) , a n d h a s I s s u e d Its o w n b o n d s o n t h e r o a d ; t h o o n l y
D.
A S . C . b o n d s h e ld b y t h e p u b lic n ro th e 7 s Is s u e d u n d e r I o w a F a lls A
S io u x C ity m o r t g a g e , $ 2 ,8 0 0 ,0 0 0 . L e a s e , V . 7 9 . p 1 2 7 4 .
D I V I D E N D S S I N C E 1 8 9 4 . — 1 8 0 3 . D e c . , 1 ; *9 8 3 ; * 9 7 . 2 : * 9 « . 3 R ; * 9 9 . 3 ;
lo o n . 3 ; l o o t ,1 V ) ; 1 90 2 . 1; 1 0 0 6 , I H ; ID 07 , J u n e s o , l.
( V . 7 0 , p . 1 2 9 0 .)
D U L L I H A IR O N R A N G E R R . — O w n s D u lu t h t o E l y . M in n ., 117 m ile s ;
T o w e r J e t . t o T o w e r , 1 .4 0 m . ; A l l e n J e t . t o V i r g i n i a , 2 3 . 3 1 m . ; M c K i n l e y
t o R v e l o t h . 8 ,6 3 m . ; W a l d o t o D r u m m o n d . 8 . 6 0 i n . ; b r e a c h e s a n d s p u r s ,
4 9 .2 0
111 ; t r a c k a g e t o U n i o n D e p o t , D u l u t h , 0 .8 0 i n . : t o t a l . 2 1 1 . 0 6 m i l e s .
O w n s o r e d o c k s a n d y a r d s o n L a k e S u p e r io r c o s t in g o v e r 5 l .3 u o .o o o .
S T O C K . A o .— S to c k a u t h o r iz e d . $ 1 0 ,0 0 0 ,0 0 0 ; o u t s t a n d in g $ 3 ,0 0 0 .o o o par $100.
L a n d g r a n t fr o m
M in n e s o t a a b o u t 3 0 6 ,0 0 0 a c r e s , o f w h ic h
2 0 1 .7 9 0 a c r e s h a d b e e n p a t e n t e d t o It p r io r t o A p r il 3 0 1 8 9 5 ; V 6 4 . p . 1 0 4 1 .
F e d e r a l S t e e l C o . ( s e e U . S . S t e e l C o r n . ) o w n s 1I10 s t o c k a n d $ 3 , 5 0 0 , 0 0 0 o f
t h e $ 1 ,3 0 0 ,0 0 0 2 d
m ortg a g e b o n d s
( V . 6 6 , p . 1 2 3 7 .)
F ir s t m o r t . b o n d s
a u t h o r iz e d . $ 2 5 ,0 0 0 p e r m ile fo r c o n s t r u c t i o n a n d $ 7 ,0 0 0 f o r e q u ip m e n t .
D i v i d e n d s p r i o r t o IQOO a g g r e g a t e d 1 0 0 % ; In 1 0 0 1 - 0 2 . 6 % ; In 1 9 0 3 - 0 4 , f r o m
a c c u m u l a t e d « i r . . 1 5 0 % ; In 1 9 0 5 6 5 % . a n d J u n o 1 9 0 6 4 0 % . V . 7 9 . p . 2 0 8 5 .
Y e a r e n d in g J u n e 3 0 1 9 0 7 , g r o s s . $ 8 ,1 7 1 ,4 8 4 ; n e t , $ 1 ,5 6 7 ,0 8 3 ; o t h e r I n ­
c o m e . 51 1 3 . 6 5 0 ; I n i . , i , f . a n d O t h e r c h a r g e s . 5 1 , 2 7 4 , 8 3 6 ; b n l . , s u r . . $ 3 , 4 3 5 , ­
897. — (V , 7 9 , p, 2083 )
D U L U T H M I S S A R E A N O R T H E R N R Y — O w n s fr o m D u lu th t o M o u n ­
t a in I r o n , M i n n . , 7 8 m ile s ; b r a n c h fr o m A l b o r u n o r t h w e s t e r l y t o B u c k e y e
M i n e . 3 3 m ile ® ( o p e n e d S e n t . I fl Q f l}: o t h e r b r a n c h e s a n d s p u n , 1 1 5 m i l e s ;
t r a c k a g e t o U n io n D e p o t , D u lu t h , 2 in ,; t o t a l . 2 4 6 m .
E n t ir e $ 4 ,1 1 2 ,5 0 0
s t o c k a n d $ 1 ,9 3 3 ,0 0 0 o f b o n d * o w n e d b y L u k e S u p e r io r C o n s o l. I r o n M in e s
a n d s o b y U n ite d S t a te s S te e l C o r p o r a t io n .
V . 7 2 . p . 1038.
O f t h e g e n e r a l 5 s o f 1 9 0 6 . $ 1 ,6 0 0 .0 0 0 w o r e Is s u e d f o r p a r t c o s t o f A l b o r n
b r a n c h . 5 4 m ile s , a m i $ 3 ,9 4 3 ,0 0 0 t o r e t lr o t h o 2 n d 5 s , p a id o ir J u ly I 1 0 0 6 ;
o f th e Is s u e , b o n d , m o r e s e r v e d t o r e fu n d th e t a t c o n s o ls .) b n ln u c c fo r n e w
c o n s t r u c tio n a n d e q u ip m e n t .
V . 1 3 , p . 1101.
I n 1 9 0 .1 * 0 4 p a i d d i v i d e n d o f 1 5 0 % f r o m a c c u m u l a t e d s u r p l u s a n d I n S e p t
l i n n 7 0 % n o d J u n o io u b 1 0 % .
v . 7 it . o J » « s .
P u r y e a r e n d in g J u n e s o
11107. d r o - . r . , 1 0 . 1) 1 1 . 1 0 1 ; n e t , 1 1 .1 2 1 .1 1 1 1 ; o i l i e r I n c n m e , * 1 1 7 , I I P ; I n t . e n d
-in k
f u n d i , 1 7 3 7 ,0 1 1 2 : l i d . , d i r . , 1 1 , 7 1 1 . 0 1 0 .
I n 10 0 5 -0 1 1 , g r o i n . * 1 , 1 8 1 , I II); n e t . I I . 3 0 0 ,7 J 2 — ( V
1 2 , l>. l l u l : V . S I . p , 2 2 U .)
D U I . U I 'l l R A I N Y I . A K B * W I N N I P E t l R V — O p r n e r l S c p t . I 1 U 0 7 f r o m
V ir g in ia . M in n ., n o r t h t o c o n n e c t io n w it h C a n a d ia n N o r t h e r n n t I n t e r n a ­
t io n a l F i l l , , u l m ll e i (w it h t h o e x c e p t i o n o f t h e b r id g e o v e r t h o R a in y L a k e
R i v e r li t I n t e r n a t i o n a l P a l i n , tilv lm r t h a t m o d a c c e s s t o D u l u t h a n d T w o
l l a r h o r , n t t h e h e a d o f t h o O m i t t-n k c a .
S t o o l , * 2 ,0 1 ) 0 .0 0 0 . o w n e d h y t h o V i r g i n i a A l l n l n y ( . n l t e C o . , w h i c h g u a r ­
a n t o r s t h e l i u e r c i t o f t h e bonds.
S in k in g fu n d y e a r ly , b e g in n in g M a rc h
l o o p , a m o u n t i n g t o t w o - t h i r d s o f n e t e a r n i n g * o f (ir e e e d lh it c a le n d a r y e a r .
V .1 1
ii 1 1 ) n i l , 1 1 4 1 : V
S 3 . 0 . 7 8 l | V . 1 1 . |>. 3 2 1 ; V . 1 1 . ) ] . I l l ; V . 8 1 .
p. m s .
w i t h ; i i m l l c r In f u l l o p e r a t i o n , e a r n i n g * w e r e ;
L A T E S T B A R N IN O N
P o i ' » m o * , e ' l d l n y S e n t . 3 0 I 0117 ( I S m l l e i I n
fu ll o p e r a t io n ), T ro t* , * 1 1 0 .9 4 7 ; n o t , S l . i 7 . 0 i l .
F o r y e a r e n d in g li c e , n
l i i o o , n r o * < , * 3 3 0 , 1 7 k ; n e t . * 1 .1 0 ,3 0 1 ; I n t . o n l i o n d i , * 0 ( 1 .0 1 4 ; h a l , , » u r . ,
* 0 1 .2 3 7 .
S u r p l u * o v e r h n r n l I n t . . * 7 3 . 1 1 1 In m o o . n i t n l n n * 1 1 . 3 1 1 In I d o l .
P r e s ., W ir t I I . C o n k :S e e .. D a v id O A n d c r i o n .— (V . n » . p . i o n . m i . )
D U L U T II SO U T H
S H O K Ii «
A T L A N T I C R V . -O p e r a te * D u lu t h t o
S a u lt S t c
M a rie , t l ! t n l l c ; " S o o
J u n c t i o n t o S t , iK iia e o , 4 1 n i l l n ; o t h e r .
I l l m l l e i ; t o t a l . 11)1 i n l l M . I n c l u d l n u III m l l e a o r I r a e l i a s e .
C A P I T A L S T O C K — C o m m o n i t o r k I* * 1 2 . 0 0 0 . 0 0 0 ! p r o f . , * 1 0 , 0 0 0 0 0 0 :
p a r. b oth *1 00 .
P r o f , n i o e k I* o %
n o n -c u m .
Can, Pae
J u l y I 11107
o w n e d s a . i o n . n o o c o n i, a m i * 1 ,1 0 0 ,0 0 0 p r o f, s t o c k , J l . n o o . o o o In c o m e *
e n d lt l,t 0 7 ,0 U U c o n s o ls .
R O N D S . S e e .— A b s t r a c t /lr > < m o r l f t f ; . V . 4 1 . p , 2 7 4 .
T h e A n t c o n s o l i d a t e d m o r t k a i o o f I S U 0 h a s I n t e r e s t a t 4 25 ( t u a r a n t e e d
n y C a n . I 'a c . . w h ic h J u l y 1 1 0 0 7 h e l d t h e e n t ir e o u t s t a n d l iu t h o u r 1 ( 1 3 .1 0 7 ,0001 i n it * t r e a s u r y a s s e c u r i t y f o r I t * -I % d e b e n t u r e * t o c k : c o n s o l s f o r * 4 ,.
8 0 1 .0 0 0
a re r e s e r v e d fo r p r io r b o n d s , a n d a d d it io n a l a m o u n t* m a y h o Is iu c d
a t * 2 0 ,0 0 0 p e r m ile o f n e w lin e s .
C a r t r u s t 4 t$ s o f 1 0 0 6 , y . 8 2 , p
112.
Due
C a n a d ia n P a c in o R y
J u n e 1 0 1 0 0 7 . fo r g u a r a n t e e d I n le te -d a d v a n c e s ,
* 4 .1 1 1 1 .8 7 3 ; o n g e n e r a l * o c t - . * I S 7 . 0 S h : u n g t l . t r . e a r t r u s t s , * 2 1 1 1 ,2 1 1 .
1

I .A T F .S T 1 5 A U N I N 0 S .
1 1 0 0 7 ..................O r o s s . S I . I I U . I I O ; b e t . * 4 1 1 , 1 4 1
m n s , J u ly I t o N o v . lO .llU O t )
,1 .4 0 7 .4 4 1 ; n e t .
1 0 7 ,7 1 1
I i, f . u n d e r e l m ...... .. 8 1 3 , 3 7 3 , a g n l n « t » u r . S flU .J J .i In lO o B .
R E P O R T . — R e p o r t f o r y e a r e n d i n g J u n o I t ) 11107 In V . 8 1 . p . 7 * 1 .
O f t h e t o n n a g e In l D O d - 0 7 . o r e s f u r n i s h e d 4 0 % . l u m b e r . J t e ., 2 8 % .

y e a r .—
G ross.
,V r l « e r r f o r e s .
lo n a .o r
............ s i . i t i . i 7 i
* 1 2 0 ,7 1 7
1 1 )0 1 0 0
1 ,(1 1 7 ,1 (1 0
7 0 7 .1 7 8
P p 's . , W . F . F it c h , M a r o u e v t o M le h .—

D lh .ln c ,
* 1 3 ,8 1 4
1 4 .8 3 0
(V . m ,

I n t e r ,, 1 .
flo lo n fr .
* 1111,027 d e t . * i i . i i o
1 7 1 ,7 1 7
d e f . 1 1 0 ,1 0 1
p
4 0 1 , 1 0 0 , 7 S 8 .)

D U R H A M A S O U T H C A R O L I N A R R . — D u r h a m N . C , , s o u t h 1 0 m ile *
t o M l n t u r n o n t h e S e a b o a r d A i r M o n , c a m p l e t e d O c t . 11105.
s t o c k , * iu o .o o o ; p a r o f s h a re * , J IO o .
I lo n d * . « e e t a b le a b o v e .
V . 8 1 , p , 8 4 0 . P r o * .,
E r n e st W illia m s . L y n c h b u r g , V a . - V . 8 1 . p . 8 4 0 .
D U R H A M U N I O N S T A T I O N C O .— O w n s p a s s e n g e r s t a t io n n t D u r h a m ,
N , C . , o p e n e d M a y 1 11)05 n o d u s e d h y t h o S o u t h e r n H y . , S e a b o a r d A i r l . l n o
l l y . , N o r f o l k & W e s t e r n R y . a n d D u r h a m As S o u t h e r n .
T h e th re e n rstn a rn e il o w n o n e t h i r d e a c h o f t h e * 2 5 ,0 0 0 e n p . s t o c k .
L e a s e p r o v id e * fo r
r e n ta l h y s e v e r a l lin e s s u ffic ie n t t o p a y In te re s t o n b o n d s a n d o t h e r c h a r g e * .
P r e s i d e n t . I t . W . M ille r : S e c r e t o r y . 0 . N F r e e m a n .

p M
!
t3

A .L T

L r fK E

CITy

Burn*

IVnnrlneV |

Jlajors

. « o r ^ h o «------------ft-C o a lw llU ( V,

V liflnJ a i>

I — f'.OTw

UnjwQ -j Pa]

'

Hahns P eak

E ikhorn °
K co ta

/r a n K - c i» v
■ •Hi
TooeJt^

\

H ca fe v r^

rjA ’C lm rlcsto o

(Lehl J c .

Term In

Ilebrui

\

l
\

I jJ l lx n o l a '

S .

r* eptoL
/F u lV vlcw '
f K o m i.

L eam ington

A

ttd *

Ftvliucheaav

a M o ia ^ i

.W h ile R Jvor
O u ra y

M eeker

Kcc'iio
G lencoe

% J l« tp e r
%

x

V ^ /s u N
\ W

o

^
w

M w rt*

X>L

O
B

I
D

C#*.

GRAN^

Piaclta'-*

/

N

iu a r

A

'Ilic h a i

S
K

J u n c t io n o

B U tN A

J

^QFountam

C a ln e v llle ;

.

-H a u k fv llic

D e o jx ir d C t j j p
N orw ood

C Thittea

to*-**}

n n co m pabgT ^V

T b u r b c r'

J flo l t w o lt
3 L O R A D O SP & L ftG S
JCclker
/
K w id e fle ld
SonboroV.

v i s t a ^H

M O N T J fO S C T p

ClxrJerflle'

fW

m

A

0

E aI c u j

^^■^LrUngton

<.0^

W ~ ^'

^OURAY

U

\

C U C M A R A /C .

South Fon

J

U doO A
D o lo r e s .

A

Antejoje Spring

-----------------"--^Al^rodu;
r e d ia r
rMc>a r
"v l
JYorxlc>'
\
Grn'i/r-js
]La J t a ^ t A ^
flucfrfano
/
/
j
l>ufco.bo
y
y^Tlmpasar'

.RIOGWAY B Yoibfian

/jS I LVE RTON f f i i ^ b V l
ttix i

W

C u n n o u v ille

{

\
A n te lo p e S p tin
l

S P U E 6 LO
Qrr..

Mu E* l*k* *P*a*r k*

i
\

. BPinou J

'

W > -E u r v k a
ll o n t l c v l l y

v

\

fc w i * a iu n
^ e^ * n P i n o u j

'I r o n t o n
JANOORA
„ „ _____ _
I O iaU M o u e C R E E D E

'D&iuly

I L

jc .

^ C ^ ^ iU U lA h

H orn’

E 4 i^ ‘XtOti

LW N N IS Q A T ^

/

Y

S T

f

^M ARYSVALC

C^ \ J .i lh U

O

C

(S evier

)

‘Jack** Cabin ^ g ?
[A lm on t
mu^Za j c .

Moaba

I'1

^ ooou »»I
/L a r k s p u r ]

/iClaud

n oca\

o*O niC H s gv
OOUCUS QU

P - c . i i t n C A K rf

R lv e m d c \ tt

I

f

■^CASTLE

[ J U N C T IO

> y L h in y r c ,

'VoUiHlVt J

iToUKsa

A S PE i

jjiSlirurd ^ > , “ 1

V r e cp b

F M ilU ir y J c j

LEAO yi LLE
.
y L r ,.U ,

C oal B a a l n ^ V J o ^

Cam eo.

y & S A L lN A

r ic h p ic l o

b ilu m h o »n \

■komo
ut r

c*m ow o»U T V ^
J erom e Park o
R e d rto n ^ P

P

tJTTuicD
T O R T LO G A N

D IL L O N

A lh u lJ t ^ W
■ co cu rV

IIU: Import*

r e i

tW ooddUe

F^FUImoroo

A krou

Gate

N

D

Drape

B u r lin g

A xial o

JklUl F o r k
^ * O K * M J e n » S u m m it
J& C O LTO N

f P in e - {

R a j m et

Arkin* ‘

i'am ji a

V

J eoM n S

^ .T H I S T L E

TlnUc

B * U v m v i£

N

js P R lN G V I U

S I L V E R C ITY *
M tM M O f

l l a 'i o r t h

8U m l

W h iL M lock*
s>

vO u^hant
PROVO

A thol

Adapts,

A u la * *

^

y^Lx-lM

a/

it C anon'

. _
l can on

R

o Plnon Spr.
O ^ a C ^ V A C N ip ?

Rartou I I ourt
J 'J c t r
Wt*»UU!(

.Yi'a»*n-aJc
jr C H A M *

.Jcw ctt

istca Y crrj £

-

PaluilSlu

J

f l.iinfnail.1

°

ICKHA AMARILLA

MAP OF THE

L o s Gibran 1

Bloomfleld

I Trc» 'i»'

DENVER & RIO GRANDE
SYSTEM

• 'a

n

.,

1 9 0 8 .j

[Coundll




R IO G R A N O E W E S T E R N

T fo y b u x ^

F-lLrA»c tl»!own

w j D o rsey
r ft M a x H e ll \ N

Dca M oluei
Ns G la n d o

k s e r v ll k
G a llln a

T e x lis e

B Ayado
■cint'er'

Coyote
A lp in e

4 ^ & L tn b u (lo
^ lc a U c
fCBPANOLA

Pablo (o
D E N V E R A R IO G R A N O E

;n»vi>llta«

B lu M b u n :
D illon

Ik<l River Cy.

io n I ld e

fouo

\

^

_
\ C o lli,- r s
La C u c r a s
o
'N - . V . a .

* - [ lx Y I
5 /

^ /T ip t o n

Felipe c\T»^l

0

RAILWAY STOCKS AND RONDS.

58
R A IL R O A D S .

explanation o f colum n b la d in g s, « £ c ., see notes
on first page o f tables.

IN T E R E S T OR D IV ID E N D S .
M ile s
Date
of
of
Hoad. B on d s.

S iz e , or
Par
V a lu e.

Kate

Am ount
Outstanding

i.ooo;

io; 1881

J‘

I

E A S T B R O A D T O P R R . & C O A L C O . ( P a . ) — O w n s fr o m M o u n t U n io n ,
P a . , t o W o o d v a l e . P a . , 8*5 m i l e s . S h a d e G a p H U . . •» m i l e # , a m i b r a n c h e s t o
m i n e s . 2 1. 1. T o t a l . 13 m . S e c V . 7 3 , p . 7 7 . A c o a l r o a d o p e n e d In 1 8 7 4 . S t k . ,
5 8 1 5 . 381 ) ( p a r . 5 .M l ) , o f W h i c h 5 2 4 / . 1 8 0 i;t 8 % p r e f .
F ir s t m o r t g a g e 4 s
( 5 3 0 0 .0 0 0 ) d u e J u ly 1 1 0 0 3 . r e m a in u n p a i d ; n o I n i . p a i d t h e m m s i n c e J a n .
1883.
C a r t r u s t * . 3 4 2 .4 * 1 0 , l o t . , 6 % . p a y a b l e M . N .
Y ea r 1003o c ,t g ro ss ,
5 1 7 0 . 1 0 8 ; n e t , 5 * 1 8 ,1 7 7 ; I n r c r e . f . A c . . 3 2 0 . 1 3 7 : i m p r o v e m e n t s . 5 3 1 , 3 1 7 ;
b a l .. su r . * 3 0 ,7 0 3 .
I 'r c * . I t . S . S l e b c r t , O r b h o n l a . P a .
O ffle o , 3 16
W a ln u t N f.. P b R a
* (V
7 7 . o . 1 4 3 .1
E A S T .H A M A N O Y R R . — O w n s f r o m
F .ftst M a n a n n y J u n c t i o n t o S t .
N ic h o la s a n d b ra n ch * s
I I m i l e * ; 2*1 H e c k . 2 , 1 0 tn ; t o t a l 1r a c k , 111.67 m
R c - le /u w t i D e c . 1 i s o t t f o r ' 01) 1) m u ' s t o U t i l e S c H u y l U l U N a v . n i t . A C o d C o .
n t 0 % o n s t o c k , a n d I* : r e . i v d g n c d t o I 'l i l l f i . A R e n d i n g R y .
O f th e u to cL
5 2 8 . 1 . Mfto I* o w n * d . 1 2 3 0 , 0 0 0 b e i n g d e p o s i t e d b y H e a d i n g C o . u n d e r I t s
g e n e ra l in o n r a c o .
E A S T P E N N S Y L V A N I A R R .— O w n s R e a d in g . P a . t o A lle n t o w n , P a ., 33
n i l le a ; s e c o n d p a c k . 2 7 17 m i l e s ; a l l t r a c k . 8 7 , 3 7 m i l e s . L e a s e d f o r DOS) y e a r #
fr o m M a y I 1 860 t o th e P h ila d e lp h ia A lt e » d lflg U R a t a re n ta l o f 6
per
a n n u m o n tD o s t o c k a n d I n te r e s t o n t h e bon d s.
L e ft # * 4 * 1 l i m e d III 1 8 0 6 b y
t h e P h i l i i A R e a d i n g H n M 1c . 1t/ C o . O f t h e s t o c k 5 1 ,»*8Q 7 0 0 Is o w n e d b y t h e
R e a d i n g C o . . 5 8 7 3 . 0 0 0 o f w h i c h Is d e p o s i t e d u n d e r H s g r n . m n r t . n f 1 1 0 7 .
E A S T T E N N E S S E E & W E S T E R N N O R T H C A R O L I N A R R ,— A n a r r o w
g a u g e r o a d f r o m J o h n s o n C i t y , T o n n . . t o C r a n b e r r y , N . ( \ . 3 4 t f t l lr x .
E x­
t e n s i o n f r o m J o h n . v m C i t y t o H a m p t o n , T e r m . , 13 m i l e s , w a s c o m p l e t e d n s
t h i r d r a il In l i f e . 1 0 0 6 .
S t o c k , 5 3 0 1 ,1 ) 0 0 .
C o n t r o lle d b y th e C r a n b e r r y
Iron A C oa l C o.
F o r y e a r e n d i n g J ilin * .10 1 0 0 7 , g r o w , 5 2 3 1 . 0 1 0 ; n e t . 5 8 7 . 3 7 0 : O th e r I n c o m e , tu a u ;
a n d t a x e s , 5 3 1 ,3 0 4 ; b a l ., s u r ., 5 3 7 .2 0 2 .
P res,
r . IV H o w e P h l l a . . P a .
( V . 8 2 , p , 3 .1 3 , 1 3 7 0 . )

Inc.

E A S T E R N K E N T U C K Y R Y . — lllv e r t o n t o W e b h v lllo . K y .3 0 m .
S tock ,
c o m m o n . * 1.6 0 7 ,8 0 0 ; p r e f ., 5 1 .7 7 0 .3 0 0 ; p a r . $ 1 0 0 .
N o bond#,
m ils a n d
a c c o u n t * p a y a b l e J u n e 3 0 lu O f l, 5 1 4 , 3 7 2 ; e a r t r u s t s , 5 1 4 , 3 8 6 .
K a r o lii* *
. 5 2 , 2 2 8 ; I n t e r n l , 5 1 . 8 1 0 ; b a l . .* * u r . , 5 100
E D M O N T O N A S L A V E L A K E R Y . -V . 8 5 . p . 468.
E L P A S O A N O R T H E A S T E R N C O . — O w n s Hi
El P a so A N orth ea stern
R y . . f r o m F.l P a s o , T e x a s , n o r t h e a s t 1 6 3 m i l e s , t o t h e S n l n d o c o a l f i e l d s ;
c o n t r o l s a ik I o p e r a t e s E l P a s o A H o c k I s la n d I t y . , C a r r lr o s u t o S a n t a R o s a ,
128 m . ; A l a m o g o r d o A S a c r a m e n t o M t n . R y . . A l a m o g o r d o . N . M .. t o
R u s s i a . 3 1 m . : t u i w j o n R y . . L i b e r t y . N , M . t o D n w f b n . 13.1 m . ; t o t a l
4 5 7 m ile s .
.N a m e c h a n g e d f r o m N e w M e x i c o I t y . A C o a l C o , In lo u r * ,
o p ­
e r a t e d -t* • • a stern d i v i s i o n o f E l P a s o A S o u t h w e s t e r n s y s t e m , t h e w e s t e r n
d iv is io n b e in g th e E l P a s o A S o u th w e s te r n R R . , e x t e n d in g fr o m E l P a s o .
T e x ., t o R e a s o n , A r l* ., w ith b r a n c h e s .
T h e E ! P a s o a R o c k I n l a n d R y . w a s i n c o r p o r a t e d In 1 1)02 w i t h 5 2 . 5 0 0 , (Mill
s t o c k ( o f w h i c h 6 0 % o w n e d b y tin * E l P a s o A N O /fi b o a s t e r n C o ) a n d
5 2 , 0 0 0 .0 0 0 5 % g u a r a n t e e d 6 0 - y e n r b o n d s .
I t 1m s c l o s e t r a f f i c a g r e e m e n t
w i t h C o l e . R o c k I s l a n d A P /u l i i e f o r 0 0 0 y e a r s .
V . 71 p 1 3 1 0 .
T h e D a w s o n R a i l w a y A C o a l C o . , s t o c k 5 3 . 0 0 0 . 0 0 0 , h a s i s s u e d 5 3 , 0 0 0 .0 0 0
c o l l a t e r a l t iu .« t h o m ls , w h ic h a n t g u a r a n t e e d , p r i n c ip a l a n d I n t e ie s t . a n d a r e
s c o u r e d b y t h e s t o c k a n d b o n d s (33.U O O .O O O e a c h ) o f t h e D a w s o n R y . , a n d
t h o s e o f t h e l) n w M )ii F u e l C o . ( 5 1 , 0 0 0 . 0 0 0 e a c h ) , t h e l a t t e r o w n i n g a b o u t
2 3 . 0 0 * ) a c r e s o f C o a l, m i n e r a l a n d t i m b e r l a n d # .
V . 7 3 , p . 1 )0 0 ; V . 7 4 , p , 7 7 6 .
S T O C K - s t o c k , 5 1 2 .0 0 0 .0 0 0 , a ll o f o n e c la s s .
I n M n v 1 0 0 5 P h e l p s , D o d g e Ac C o . a c q u i r e d e n t i r e a t 0 0 k o f s y s t e m .
B O N D S . —T h e N e w M e x i c o I t y . A C o a l C o . c o l l , t r u s t 3 s o r 181)7 a r t
s e c u r e d b y t h e S t o c k a n d b o n d s o f K l P a s o A N . K . R y . o f N e w M e x . ( 5 2 ,*
7 0 0 ,0 0 * * o r e a c h ) , t h e s t o c k o f t h e E l P a so A N . B . R R , o f T « X a s . 3 3 u ( ) , o o o
( n o b o n d * I s s u e d ), a n d a ll t h e s t o c k ( 5 2 ,5 0 0 .0 0 0 ) a m i a ll t h e b o n d # (5 1 ,5 0 0 ,
0 0 0 ) o f t h e N e w M e x ic o F u e l C o ., t h e la t t e r c o v e r i n g 3 .3 0 0 a c r e # o f c o a l
la n d s .
O f th e O m t a n d c o n s o lid a t e d a n d r o ll, tr u s t 3 s o f 1 0 0 1 , $ 3 .o o o ,n o o
a r e r e s e r v e d t o r e t i r e t h e c o l l , t r u s t 5 s o f 1 8 0 7 a m i 5 2 , 0 0 0 , 0 0 0 nix? a p p l i c a b l e
fo r Im p ro v e m e n t* a m i n ew e q u ip m e n t .
V . 74, p. 776.
The b o n d * o f t h e A l a m o g o r d o A S a c r a m e n t * ) M t n , R y . , o f t h e H I P a s o A
R o e L Is la n d a n d th o s e o f th e D a w so n it y . A C o a l C o , a rc g u a r a n te e d .
N . Y . O fflr a . p o J o h n S t .— ( V . 8 1 . P . 3 0 8 .)
E L P A S O U N I O N I 'A S S E N U B k D E P O T . — O w n s d e p o t a t E l P a s o , T e x .
w hJ h w a s c o m p le t e d a b o u t N O V . I 1 0 0 5 .
L eased b y El P aso N orth ea stern ,
E l P a # o S o u t h w e s t e r n , i i A l v o s t o n H a r r i s b u r g A S a n A n t o n i o 1S 0 . 1 ' a c . $ y s , i ,
A t c h . T o p . A S a n t a l a , T e * . A P n o . a n d M e x . C e n t, r a ilr o a d s o n a w b c e J a g r
b a s is p r o v id i n g fo r m a in t e n a n c e a m i a ll c h a r g e s .
S t o c k , 5 2 4 0 ,0 0 0 , o w n e d
e q u a lly b y th e 6 r o a d s n a m e d .
O f t h e b o n d s ( s e c t a b l e A b o v e ) , 5 1 2 . 0 0 0 Is
t o b e d r a w n y e a r l y J a n . i b y l o t , b e g i n n i n g l O l f t , a n d p a i d orT a t u n r .
V . 7 8 , p . 104; V . 8 1 , p . 1043.
P r e s .. J . R . H u r le y ; S e e . n o d T r e o * .. U . S .
S tew a rt.
( V . 8 1 . p . 1**43; V . 8 2 , p . 1 4 1 )6 .)
E L O I N J O L I E T A E A S T E R N R Y . — O w n # f r o m W a u k e g a n , H I ., o n L a k e
M i c h i g a n , v i a S p a u h l l u g a n d J o l i e t , t o P o r t e r , I n d . . ICO m i l e s , a n d b r a n c h e s
N o r m a n t o w a t o A u r o r a . 1 0 m i l e s — W a l k e r t o C o s t e r , I I I . — .13 m i l e s ; H a m ­
m o n d t o W h i t i n g , I n d , . A * -.. 10
R o « e d a lC J e t . t o R o s e d a le , 7 m ;
t o t a l m a i n l i n e o w n e d , 11)1) m ile ;* : S p ill's I*) c * n l m in e :* . A * \ , 3 0 m ile**; t r a c k
a g e . O h i o . A W e s t . R i d . L 8 n v ; B e l t R v . o f C h i c a g o . 2 .**.. m . ; s e c o n d t r a c k ,
--------------------------2 7 . 1 4 m ; s i d e t r a c kI # a n d| y-----a r d *--------o w nl ee dd .. '1 1 7 ------------m .: to ta l tr a
c k o p e r a t e d , 3 h o1
t u ll e # .
E n t i r e c a p i t a l s t o c k o w n e d b y F e d e r a l S t o o l C o . a n d *n b y D n t f c d
S t a le . S t e e l C o r p o r a tio n
I ) l v .. 4 % y e a r ly (m D e c .)
S T O C K , .tje — S t o c k , , r t , o n o . i ) 0 0 ; p n r . , 1 0 0 .
I n l d o u t o ) D on l u c l u n l v c .
R E P O R T .t-'o r y i ' / i n e fl t ll iu r J u n e .10;
year.
O r o ju .
,\ V (.
Olh. I n c .
Interest,
su ro tu a .
1!I0C'.-H T.............................. » J . 7 1 » . ! 1 I 0
,1 4 2 .7 0 1
* 1 0 ,7 7 - 1
....... ........... I
, 4 , ( 5 0 . ’,
1U I 5 -II0
2 ,0 .1 1 ,7 7 1
0 7 1 ,0 1 *
2 t .* o 8
-1 2 1 .0 0 0
a g o 111
P r e , , A . V. I ln t l lM .— ( V . 7 4 . p . 1 5 1 . 2 0 0 ; V . 7 0 . p
15UII >
E L M I K A C O R T L A N D & N O R T H E R N R V . — ( S e e i r o p /.eftlrW i V a / l e « . ) _
O w n . E lm lr n
N . V , , t o C n o o . t o t n , N . 5 ' . . 1 ) 0 m l l e « . n rn l | ..nn.-i (I u r i n e
e o r p o r i i e e i i i l e n r e O n n n M u tn N o r t h e r n . C n r m .t o t n t o C a n n le n , N . V .
21
m lle t
In n o n t h e , 2 .0 0 0 .0 0 0 ( l o c k w o . p i ir o lm i e r t n r o l 0 * , b o n d , w e r e
I t u a r » n t e e d l i y t h e I . e h l c l i V n l o m l t h e r)>m l l e n i r d In J u l y - 1 0 0 5 f o r n u n y e s r i
t o t h e L e h lf f li V n l . T ty. n f N
V .. o s o b .h lln r y c o m p o n y .
i V , 0 5 . p 4 0 2 .)
E L M I R A a L A K E O N T A R I O R R . - O w n . f r o m C A n o in ln lx u n , X , Y . . t o
O h c m u m r J e t , . 01 m . : S o t l n * P o i n t t o S t n n l e y . 5 4 i n .; o t h e r 3 — t o t a l , l o o m ,
A e u R M l l i U t l o n In D e e . 1 0 , 0 o f t h e f i o a u o l i n y & S o u t h e r n n n U o t h e r r a i l

W here Pti gable, and b y
W h om .

W hen
Payable.

550
5 2 ,0 0 0 0 0 0
7
O— M
E r ic A P it t s b u r g h — S t o c k 7 % r e n ta l 0 0 0 y r s P e n n C o
50
1 ,1 1 0 ,6 5 0
7
I 0 — M
S p e c ia l g u a r a n t e e d b e t t e r m e n t s t o c k 5 2 , 0 0 0 ,0 0 0 . .
1 ,0 0 0
4 .3 4 8 ,0 0 0
3 H k J
A
J
1800
G e n e r a l M ( n o w O r s t ) J l . 6 0 0 , 0 0 0 g o l d g u a r -------- U n
1 0 0 1 1 2 . 3 7 8 . 0 0 0 ..................... 1.......................
E r i e W s t l r o a d — C o m m o n s t o c k 5 1 3 3 . 0 0 0 . 0 0 0 a u t l i -------100 1 6 , 0 0 0 .0 0 0 S e e t e x t , b e m l - a n
S e c o n d p r e f e r r e d s t o c k 4 % n o n - c u m u b i t l v e ............... 100 4 7 8 i)2 .lO O | S e e t e x t . ' S e m l a n
F i r s t p r e f e r r e d s t o c k 4 % t i o u - o u m u l n t t v c ..................... ...
A — O l.l R o n d s A s s u m e d — K o a d s C o n s o l i d a t e d
4 g
M
2 .4 8 2 .0 0 0
•147
1817
i .o o o :
N V A E r ie 1 st M P lc r in t o D u n e x t 1 8 0 7 g o l d .
3 g
M
18 1 0
2 .1 4 1* .0 0 0
S e c o n d m o r t g a g e ( e x t e n d e d In 1 8 7 0 ) g o l d -----------c *
447
1 .0 0 0
4 .6 1 7 .0 0 0
417
T h i r d m o r t g a g e ( e x t e n d e d In 1 8 8 3 ) g o l d ------------- c *
1855
1 .0 0 0
4 M tf M
2 ,0 2 6 0 0 0
475
1 .0 0 0 ,
F o u r t h m o r t g a g e ( e x t e n d e d In 1 8 8 0 ) g o l d .............c *
5 ff
1857
4 g
475
1858
701) .3 0 0
F i f t h m o r t g a g e ( e x t e n d e d In 1 8 8 8 ) g o l d .................. e *
500 A c
4 g
00 1 8 0 1
1 8 1 in '*
E r i e R y 1 s t M M u lt H r H o r n c l l s v t o A t t i c a g o l d . . c *
200 A c
1 6 .8 0 1 .0 0 0
7 g
1870
526
F i r s t c o n s o l w 5 3 0 . 0 0 0 .0 0 0 g o l d s o r c --------F .c *
7 g
520
N V' L E A W e s t f u n d e d c o u p o n b o n d s g o l d ------- -- c *
1878
.......................
500 A c
7
2 .3 8 0 .0 0 0
B u f fa lo N Y A E r ie 1st M ( B u f f a lo t o C o r n i n g ) ..* * 140
1870
1 .0 0 0 ,
6 g
1 .5 0 0 .0 0 0
B u f fa lo A S o u t h w 1st M B u f fa lo t o J a m e s t o w n g . .e *
07
50 An
1877
2 5 0 .0 0 0
N ew hm g A N Y
1 s t M g o l d e x t e n d e d In 1 8 8 0 . . . e *
3 g
12
1808
1 .0 0 0
B — B o n d s o n P r o p e r t i e s C o n t r o l l e d b y O w n e r s h i p o f K n l i r e (• ) o r a M a J o r l t y (b) o f C a p i t a l S t u c k , o r
200.000
• B e r g e n C o l i l t 1 st M R u t h J e t t o R id g e w o o d N J
6
A A O
1 .0 0 0
12.000 .(*00
• C h A F r io 1st M g ( M a r l o n .O ,t o l l a m 'd . I n d ) .C e .c *
250
IM 00
M
A
N
1 .0 0 0
5 k
J
A
J
C h i c a g o A A t l a n t i c T e r m i n a l fi r s t m o r t g a g e e
Co
. . .
1888
300 000
3 g
1.000
V a rlo u #
2 4 6 .5 0 0
6
c O o s h r n A D c c k 't ’ n 1 st A 2 d M ’ s (5 0 0 .0 0 0 n r c 2 d )
. . . i '0 8 - '0 0
3
V a rio u s
1 7 0 .5 0 0
c . M o u t A E r i e 1 s t A 2 d M ’ s ( 5 4 0 . 5 0 0 a r e 2 d s ; ...............
. . . i '6 0 *07
3 0 0 .0 0 0 4 H
A
J
• J c l T e i s o n 1 st A C d M ’ s e x t In *87 A ’ 81) ( H ’ d a l e B r ) .0
8 ’ 07 -’ 69
500 A c
A 6 J
2 ,8 0 0 ,0 0 0
A
F ir s t m o r t g a g e C n r b o n d a le t o S d e p o t g o l d . F P . c '
57
1880
3 g
1.000
7 .5 0 0 .0 0 0
• L o n g D o c k C o e o n s M g (n o w 1st M ) s e e t c x t ) . . c ‘
1 .0 0 0
1885
6 «
M
c N Y A G r c e n w 1, p r i o r l i e n M 5 1 , 3 0 0 . 0 0 0 g o l d . N
t ,5 0 0 .0 0 0
to o A c
181) 6
3 g
4 0 0 .0 0 0
A
hNcxe J e r s e y A N e w Y o r k 1 s t M ( r e o r g a n i z a t i o n ) . e *
1580
500 A c:
6 2 0 .5 0 0
G e n e r a l m a r t 5 1 , 2 1 ) 0 .0 0 0 ( r e d 1 0 5 a f t e r 3 y r s ) g o l d
185)2
3
5 0 0 An:
1882
0 e u rlM
1 .1 0 0 .0 0 0
N Y L E A W C H R 1st M ’ ’ la w fu l m n n e y * \ .3 \ p .c *
1 .0 0 0 1
6
j
3 ,3 0 0 ,0 0 0
• N Y L K A VV D A I C o 1 s t M ( V 6 0 . p 8 2 ) . F .c *
1 .0 0 0
1885
■JUU
n
8 .u
. 0 i0m0.w
, 0 i0m0 )
*»
422
1880
* N Y P a A O h i o p r i o r li e n M g o l d 5 A & ............... F .c *
5
00 A c
4 h ir m
A
Do
L o a d e d H u es— s e e s e p a r a t e s t a t e m e n t s fo r Cl
M a li V a l l e y R R a n d S h a r o n R y .
cN Y S u s q u e h a n n a A W e ste rn — N o rth e rn N ew J ers
— T l o g n 11 R . — S e e e a c h c o m p a n y
C — E r ie R a il r o a d C o m p a n y B o n d s .
l.oooi t.000.1*00
S e c o n d M o n B u ffa lo A S o u t h w e s t e r n g o l d . . M o .c *
1805
3 g
1805
4 g
1 000
3 3 .0 0 0 .0 1 )0
P r i o r M en b o n d s 5 3 3 . 0 0 0 , 0 0 0 g o l d --------------- F . e * A r
1 .0 0 0 : 4 4 ,0 1 2 .0 * * 0
1805
4 g
G e n e r a l M en S I 4 0 . 0 0 0 0 0 0 g o l d




( V O L . L X X X V I.

U n io n T r u s t C o , N Y
*t o
do
do
do
J

P

M organ

A

C o. N
do

B on d s — P rin c i­
pal, W h en D u e .
Stocks— Last
D ividen d .
D ec 10*07 l H %
D ee 10*07 1 H K
J u ly I 1 040
Y Sec te x t.
See te x t.

11

B r o a d w a y , N o w Y o r k M a y 1 1047
do
do
S e p t 1 1010
M ar
I 1023
dO
O ct
1 1020
do
do
do
J u n e 1 1028
J u ly 1 1031
do
do
do
S c .p t I 1 0 2 0
S e p t 1 1020
do
do
J u n e 1 1010
do
do
J u ly
1 1008
do
do
do
do
b y ( c ) LcaSe.
11 B r o a d w a y N e w Y o r k A p r i l 1 1 0 1 1
M a y 1 1082
do
do
J u ly
1 1018
do
do
1 0 2 3 -1 0 2 0
l i B r o a d w a y , N ew Y o r k 1 0 2 6 -1 0 2 7
F id e lit y T r u s t C o , P h lla J u ly 1 1 0 2 7 1 0 2 0
1000
I t B r o a d w a y . N e w Y o r k In n
1035
j p M orga n a Co . n y
O ct
<it>
do
M a y l. 1 0 4 6
M ay l 1010
do
do
do
Jan
1 1033
do
do
M a y l 1022
do
do
J u ly 1 lft ia
do
do
M ar
1 1033

Jan l 1020

11 B r o a d w a y , N e w Y o r k J u l y
N ew Y ork A L on don
Jan
II B r o a d w a y . N e w Y o rk J m i

1
I
I

1008
1006
1006

r o a d ,.
I . e a '- i i a t c o i t o f o p e r a t i n g t o t h e N o r . C e n t . , w h lo h o w n s o il t h o
,1 .5 0 0 .0 0 0 s to c k
L e a s e m a y h e te r m in a te d o n 5 0 d a y s ' n o t ic e .
C a l e n d a r 1 'e a r .
G ross.
.V e i.
(W i I n c . I n t ., , i c .
fjttlunctr.
1 0 0 0 ........................, i ; i l 5 . 1 0 1
5 0 0 ,S0 2
,0 .0 1 3
, 0 .1 3 ;
s t i r . , 1 1. 2 3 3
1 0 0 5 ..........................
0 7 5 ,2S 2 u p .d e l , 2 0 .0 0 1
0 .0 0 3
0 8 .0 1 0
d e f . 0 1 ,2 3 7
E L .M I R A *
W I L L I A M S P O R T R R .— O w n s fr o m W illia m s p o r t . P a ., t o
E lm ir a . N . Y . . 7 5 u m ile s .
L e a s e d t o t h e N o r t h . C e n t . I t y . (n r 0 0 0 y e a r s
Irom M ay 1 1883.
T h e d lv s . o n t h e c u m . sto e U a r e 5 % a n d o n th o p r e f. 7 % ,
l.-s s t a t ' - s . m n U lr iff d l v . o n c o m . 4 . 0 2 l b a n d n u p r e f . o . u ■„
, 'e a r e n d in g
D e c 31 1 0 0 0 , u r o s s , , 1 ,5 7 0 ,3 1 1 ; n e t , * 3 0 0 ,3 3 0 ; r e n t a l, 1 1 5 2 ,1 2 0 ,
E R I E * P I T T S R U R t l l l R R ,— O w n s N e w c a s t l e . P a . . t o U l r a r d . P a . . 7 0 . 0
m lh - s . b r a n c h t o E r i e D o c k s , 3 m . ; t r m - l . a e e t o E r i e , 17 m ■ t o u t o p e r a t e d ,
1 0 0 m ile s .
L e a s e d t o P e n n . H i t . f o r 0 0 0 y e a r s In 1 8 7 0 a t 7 % o n i t o e U a n d
I n t e r e s t o n b o n d s , a n d le a s e t r a n s f e r r e d t o P e n n . C o .
U n d er a fr e e m e n t o f
N ov
1 1 0 0 3 t h e P e n n . H it . w ill p r o v id e s in k in g fu n d I n s t a lm e n t s r e q u ir e d
b y sIre e c n
m n r t ,, t h e K . & P , t o d e liv e r U s J h % d e b e n t u r e * a t p a r fo r
SU CH a d v a n e e s a m i a t m a t u r i t y o f t h e s e n . m n r t . b o n d s t o e a o b a n r r e n e w
n u n
I,r i n d s u t e r e f o r .
D e lr e n iu r r -'I o u t 't n r n l l m :
l)e r l o r t i . S I 5 U .2 0 8 .
S T O C K . — T h e s t o c k h o h l c r s o n J a n . 0 1 0 0 3 a u t h o r i s e d a ir I n c r e a s e In t h e
s t o c k f r o n t (2 .0 1 1 0 ,1 1 0 0 t o , 4 . 3 0 0 . 0 0 0 . t h o n e w s t o c k t o b e I s s u e d a s r e q u i r e d
rot I m p r o v e m e n t s , t o b e s u b o r d in a t e t o th e o ld s t o c k , b u t t o b e g u a r a n t e e d
7 '.1 (IP b l e n d s .
V
«rt p . 1 0 2 .
E A R N I N G S . — T h e l e n s e s h o w e d t o t h e l e s s e e s In 1 0 0 2 . p r o f i t , , 2 3 4 , 1 4 2
I n 1 0 0 3 . DTO IIt, , 1 0 7 . 3 4 0 ; I n m o l , p r o ( I t , * 2 ( 1 2 , 3 4 4 ; In IIIOB, p r o i l t , , 4 4 2 , 0 3 0 ;
In lo u t l . p r o il t , * 4 7 3 ,7 4 4
S e e V . 8 4 , p . 7 4 0 .— V . 8 4 . p . 7 4 0 .)
E R IE
R A I L R O A D . — ( S e e ' f a n o n w tjutnino p a n e . ) — E m b r a c e s t r u n k
H u e rrettn J e r s e y C i t y , o p p o s i t e N . Y . C i t y , t o ( h l e a v o . I I I ., u 0 8 m . , a n d
b r a n c h e s 1 ,3 3 .3 i n .; t o t a l . 2 , 3 3 3 m . f s e c o n d t r a c k . # 1 4 m . ; 3 d n m l 4 t h t r a c k s ,
S 3 m i l e s ; t o t a l . 3 .I 8 U m i l e . ..
I n 1008 e l e c t r l m - a t l o n u f l i o e h e s t c r d i v i s i o n
n it.
V’ , 8' 2 . “p ; 1 .......................
3 7 0 ; V . o 3 , p . U 27.
a n d I r r a n e h e s , l o t a l 1 3 0 m i l e s , iv n a l»C (t"
I j a s e d lin e s .
M IL 'S,
t.trier owned In fee,
A f tie J .
*1 5
P le r n io n t . N
Y -. to D u n k irk . .
4 4 7 A v o n G e n . A M t . M o r r i s _____
*1 0
O u lfa lo t o J a m e s t o w n , N
Y ...
0 7 M o n t g o m e r y A K r l c ..................
*2 6
liu iT a lo t o C o r n l n c . N . Y . .
1 4 0 N o r t h e r n R R . o f N . J _____________
C1o3x0 lie n A D c c k e r t o w n ................
*12
O t h e r b r a n e h r a ...............................
• !#
R o c b . A Q e n e s s e e V a l l e y ............ ...
Stoelt o l l l s t nr nettrlunll ( h ) o w n e d .
43
2 3 0 O t l K 'r l i n e # ...............................................
■ C h i c a g o A E r i c R R ..................
l.n ts r d to N t/ p a n o U R .
•43
• J o i f c r s o n U K -------- -- - - - - - • - • 32 C lo v e . A M a h o n in g V a lle y H R .
*81
N . y . A (J r c e n w o o il L a k e K 1 L .
•38 S h a r o n
H a l l w a y ......................
*33
l> N o w j e r s e y A N e w Y o r k H U .
30 O th e r lin e s .
.........................................
54
K rlc a W y o m i n g V a lle y R R —
4 2 2 Tra cka ge .............................
185
■ N y p a n o R R ............................................
3 8 L i n e * In s y s t e m J u n e 5 0 *07 . . 2 ,3 3 .1
b T l o g a H R ..................................................
O t h e r l i n e s ..............................- .................
M ‘ > N . Y , S u * < i u o h a m m A W e n t . . . * 2 .1 8
• S ee th U c o m p a n y .
....... - ■ •
O n ) nffrr, « v c . V . 8 Q . D - 2 6 2 1 ; V 8 1 p . 7 7 7 : V . 8 3 . p . ! ) ! * ) ; V . 8 4 ,. jj ,. 1 3.6 6 .
H I S T O R Y . — O N D e o . 1 1 8 0 5 • *u ccee«le*l t o t h e p r o p e r t y o f t h e o l d N . Y .
L a k e Kil<* A W e s t R R C o . . # o l d I n f o r m O g u r e o n N o v . 6 u n d e r It# 2 n d e o n x o ih ia t n l rn o r t.
T h e n e w c o m p a n y h o l d * In re** o r t h r o u g h o w n e r s h i p o f
a i l o r p r a c t i c a l l y a l l t h e M 0 0 k «»f t h e l i u l r p i u i d e r u c o m p a n i e s t h e lin«* f r o m
N e w Y o r k t o C h i c a g o ( I n c l u d i n g t h e N > p a n o H U . n m l C h i c A E r in c o m *
p a n i c * ' , a n d a h o a l l b r x n i ’ h *)*»d # u b * l d i a r ) f l i n t # « . x c o p t a f e w M n a l l p r o p
n r 11cm
n > c r» u r g a d r i l l
1
1 In V 0 1 . t> 8 6 8 .
I n 1 0 0 1 a n I t u c i v r t 111 t»m L e h i g h V n l . H R . w m t n i r o i m v e d .
V . 75 , n. 301.
T h e B u l f a i o C r e e k E x t e n d o i i H R . W A* O C O t p u i a t c d A u g . 3 l o o t t w i t h
8 4 0 0 .0 0 * * a u t h o r i z e * ! j t o o k . *<> » )* d id a r* )a d 8 m i l l i l o n g I’o n n c c t l n g t h e B u t *
f a l o C r e e k H i t . . B u f f a l o I c r m l i i n l I t y . a n i l L ch lr tlr V a l l e y n i l .
C r m itr u c II.n r w o r k w a s s u s p e n d e d 111 M a r e l l U JJ'7.
V S 3 , p . 3 2 2 ; V . 8 4 . p . BUS.
G O V I . A N D S T E A M B O A ! I It o I h i t I V . 1
li e Krte e u a l p r o p e r t i e s i r p r e a e n t a n a g g r e g a t e o f 1 0 .3 0 0 n e r r * o f a n t li in c it e , o f w h ic h a b o u t u . o o o a c r c #
a r c h e l d In fe e ; n b co 3 3 , 0 0 0 m i n o f b i t u m i n o u s c o a l la n d n h e l d In r e c . 1 4 ,(1 0 0
A c r e x o f b i t u m i n o u s )* ctd j l f t M r m i n e r a l r i g n t x .
i t * c o a l t o n n a g o in t h o
y e a r H ) o «m >7 a g g r e g a t e d l 8 . o 3 8 , i * , l l o u t o f t f i c .11) , 1 6 0 .6 1 7 t o n * h a u l e d .
T h e U n i o n S t e a m b o a t L l t . c ( m e r g e d In E r i c R R . (?<». J u n e 3 0 1 8 0 6 ) , h a a
t e r m i n a l , A c . , p r o p c r t l c # In B u f f a l o a n d 8 l a k e s t e a m e r s . S e e V . 6 3 . p . 6 1 * .
T l u - r nil. c o j l p r o p c r l l c * a c u u l r n l In 1 0 0 1 a r e n d d B l o i t a l .
V . # 2 . »> 1 .1 2 2 .
S T O C K . - T h e v o t i n g t r u s t w A # (I I n v o lv e d M a y 1 1 0 0 4 .
V . 7 8. n . 1349.
T h e p r i o r l i e n a n d t h e g e n e r a l l i e n b o n d * o f 1 8 0 ft I m v e i n v o t e # f o r e a c h 9 1 . 0 0 0
o f p r i n c i p a l , t h e i r a u t h o r i z e d M g U M a g g r e g a t i n g 5 1 7 5 .0 0 0 . 0 0 0 , o f w h l o h
$ 7 0 . o i j o o o I s s u e d I n J u l y io < * 7 .
T h e c o m p a n y r e s e r v e * ih n r ig h t t o
r e d e e m e i t h e r c l a s s o f It# p r o f . B l o c k a t p a r In r a s h .
I ’ r o v L ilo n # o f p r e f .
K i o c k w e r e in “ S u p p l e m e n t
o f A p r i l 1 8 9 7 , p a g e .1 .
I n M e h . i f t o n K r l c 1 s t p r o f , s t o c k w a s l n c r c o a c d f r o m 5 .1 0 , 0 0 0 .0 0 0 t o
9 1 3 . o o o . o o o , a n d c o m m o n s t o c k f r o m 9 1 0 0 , 0 0 0 , 0*10 t o 5 1 1 3 . 4 * o 0 , 0 0 0 . t o
a c q u ir e N e w Y o r k S u s q . A W e s te r n s t o c k .
See V . 6 6. p . 333, 3 73 .
The
1 s t p r e f . s t o c k w a s f u r t h e r I n c r e a s e d I n i m n 5 f t . 0 0 0 . o o o In c o n n e c t i o n w i t h
th o p u rch a s e o f th e P e n n s y lv a n ia C n n l C o .
V . 72. p . 136, 332.
I n 191).* a u t h o r i z e d c o m . s t o c k w a s I n c r e a s e d t o 5 1 3 8 . 0 0 0 , 0 0 0 t o p r o v i d e
f o r 8 1 0 , 0 0 0 ,0 0 0 ( f i r s t lr*U © ) o f e o n v e r t l h l r d e b e n t u r e s .
V
8 0 p . 1.162
D I V I D E N D S < efl# h )
7 S -.) 100 1. 1003.
1 0 0 ,1 . I D O L
1003. 1006.
1 ,0 0 7 .
O n 1 st p r e fe r r e d
.................)
Hi
3
3 )^
4
4
4A o r . , 2
O n 3 d p r o f e r r v d ........................ -■ )
..
.
2
4
A p r . .2
F r o m t h « ' e a r n i n g # o f t h o f i s c a l y e a r 1000 0 7 w e r e d e c l a r e d a d m d c j i d o f
2 '* i o n t h e 1s t p r e f . s t o c k In s e r i n , p a y a b l e O c t . 1 1 0 1 7 , a m i o f 4 % In (s c r ip
p r e f . s t o c k , .p a y a b l-e N * » v . 1 1 1)17 ,...........
v l/.; _
t o sa tt ou cc kk o f i c e u r d O c t . 1
10
0
o n __(I, ....................
h*>>7 ;« Hit 2 ” ., t o s l o c k o f r e c o r d A p r i l l i t | )l(ta ; n o n e p a i d l«* J a n . 1 9 0 8 ,
V . 8 1 . n ASM. 1 3 3 8 .
B O N D S .— T h e
new
f i r s t c o n s o l i d a t e d m o r t g a g e Is f o r 5 1 7 3 , 0 0 0 . 0 0
( P a r m e r # ' L o a n A T r u s t C o , , t r u s t e e ) - •■.ce
o f deed V . 62, p, ao,
a n d s e c u r e # 5 3 3 , 0 0 0 . 0 0 0 p r i o r l i e u a m t 1 1 4 0 . 0 0 0 ,0 0 0 g e n e r a l l i e n b o n d # .
B o t h s e r ie s h a v e v o t i n g p o w e r ; s e e “ S t o c k " a b o v e ,
O f t h e 3 ) 4 0 . 0 0 0 , 0 0 1 ) general lin t bon d s, 1 0 2 , 0 7 3 . 0 0 0 a r e r e s e r v e d f o r t h e
u l t i m a t e a c q u i s i t i o n o f b o n d s a n d i r u a r n u t c c d s t o c k s I r ft u n d i s t u r b e d o n
v a r i o u s p a r t * o f t h e s y s t e m ( s e c l i s t V . 6 2 . p . 6 9 ) . a n d » 1 7 ,0 0 0 ,* I U * ) w r r o
r e s e r v e d fo r n e w c o n s t r u c t io n , b e t te r m e n t s , a d d it io n * . A c ., a ft e r 1 »U 7.
n o t o v e r 5 1 .0 0 0 ,0 0 0 t o b e u s e d In a n y o n e y e a r .
T h e p o s i t i o n o f t h e f i r s t c o n s o l i d a t e d m o r t g a g e Is s u b s t a n t i a l l y a # f o l l o w # :
I t )■* a i l r s t l i e u ( m o r t g a g e o r c o l l a t e r a l , t h e p r i o r l i e n b o n d s , h o w e v e r , p i e ­
c a t lin g t h o g e n e r a l H en b o n d s ) u p o n t h e c u e . c h ie f c o a l p r o p e r t ie s (e x c e p t

J an.. 1908. j

HA If,WAY STOCKS AND BONDS-

R A ILR O A D S .
For explanation of column headings, A c ., set notes
on first page of tables.
Grl* Railroad— (Concluded)
Penu coll trust M $36,000,000 g k f t e x t .. Alc.c&r
First conv M *50,01)0.0110 sold Series A ____ S .o*& r.
do
do
do
Scries U --------------------

Miles Date Size, or
Amount
Far
of
of
Road. Ronds. Value. Outstanding

1901 $1,000 Ac $34,000,000
100.1 1,000 Ac 10.000.000
1905 1.000 Ac 12.0(10.000
...
1,000
1907
5,300,000
1907
3.000,000
£10 0
352,060
*88 *00

IN T E R E S T OR D IV ID E N D S ,
Rate
%

4 g
4 g
4 g

Erie A Jersey notes secured by E. A J bonds _ . . . 0
5g
N Y Pa A Ohio equip trust* sink fd drawn at 100 ..
Other equipment trusts— See text.
Avon Gene#co A sit Morris and Rochester A Gcnese 0 Vftll ey Nto cks— See tho'-cComp antes.
1.000
40 1879
251 ,000
E v a n s v i l l e A Indian.— T H A Southeast'll 1st M .P.c*
7
55 18.81
1.000
647,000
Evansville A Indianapolis 1st M (Told irunr . . P.o”
6 g
1.15 1886
1 .000
1.602,000
Cons M (*2,500,000) g , u p & 1 (end) E & T M -P .C '
50
3,987,3*3 \ cariy;
E v a n . villa A lerre H .u (» — ComiMII BlOCk.......... ..
50
1.283,333 5 In 1007
115 1880
1,000
30,000
Consolidated mortgage (Dr*t Ben) gold---------------- - - •
6 g
1,000
144 1881
J ,000.000
First consolidated mortgage g o l d . . . . ................. F.c*
6 g
1,000
25 188 3
373.000
Mount Vernon Branch mortgage gold.......... — P c *
6 g
1890
1 ,000
Sullivan Co Coal Hr mortiraeo t o l d ................. . . . l - . c --450.000
5 C
1,000
199 189 2
3,143.000
First ventral m ort,nce tor *7 .0 0 0 .0 0 0 rnlil------ l-.c*
5 V
1.0(111
1U »3
300,000
Enuln bonils Series H, due *20 000 s a (V .S2.P .027) B
1 ‘H
1906
1,000
Do
do
Scrtc# C, due $ 60.non * an
-B a
1,020.000
4U g
30
92
F s l l 11rook Stock (1500.000 Is 7 % preferred)............
5 ,ooo.ooo'See text
100 17.360.000
F i l c h hurg— Preferred 5
rental......................................... ..
6
1,000
Bonds, not mortgage............................. .......... ..............c*
188*
2,000.000
5
1.000
1887
5.000.0110
Honda to State of Mass. 4 % since Feb 1BD7............... r
-I
Bonds, uot m o rtg a g e -------------------------------------------- cAr
1890 1,000 Ac
500.000
4
1 .000
Honda, not mortttaire . .................................................c*
1894
500.000
Bonds, not mortgage ($1.339,000 due 1915) _ _ . . .c*
'03 *96
1.000
1,859.000
l
Bonds, not mort (*2.750.000 are 4s of (8071 . . .c& r
*97-'98 1,000 A.4,200,000
4
Bonds, not mortgage ($1,775,000 are A lfa o f 'ODcAr
■oo-'oi ) .00.) Ac
2,275.000
31*
Bonds, not mortgage, $2,000,000 au tli_____ _.c * A r
1907 l ooo Ac
2,000,0191
4
3.660,000
Bonds.not M $3,660,000 cur
........................ cAr
1903
1.000 Ac
4
Troy A Boston 5r«t m orteate (V . 5 5 . p. 4051. eAr
57.1,000
35 1871 I ,mio Ac
7
1,0 m)
Brookline A Poppcrclt plain bonds guar (end)
c
100,0(9)
1891
3
Vermont A Massachusetts plain bonds guar____ cA r
1003 1,000 Ac
772.000
3)4

__

Penn. Coni C o.), upon Its water liniinportntlon lines (Including valuable ter­
minal properties appurtenant thereto), and upon n number of profitable
local lines In New Jersey nn<I near Buffalo; It Is a second fieri upon certain
minor coal properties and upon the railroads lending to all the coni proper­
ties, upon the terminal* at Jersey City, upon the Buffalo N\ Y . A Erie lift ,
(the main line to Buffalo). and the Buffalo terminal properties other than
those upon which It la a first lien, and upon the entire line from Salamanca
to Chicago; It Is a second consolidated mortgage upon the lines between Plermont and Dunkirk (447 miles).
The collateral trust 4s of 1901 are secured b y 51 % o f the entire N. Y .
Sus«i. A Western stock ($25,000,000 total Issue), all or the Pennsylvania
Coal Co. stock, and the stock of the Erie A W yom ing Valley H R .. S cranton.
P a ., to L n ck n w m e n , 05 m iles, and D elaw are Valley A K in gsto n t il t

A

sink, fund o f 10c. per ton o f coal sold purchases bond* at not exceeding 105,
otherwise to be applied to the drawing o f bonds b y lot, all such bonds to be
kept alive A n d the accruing Int. thereon to be added to the sink, fund,
which. It Is estim ated, will be sufficient to retire the whole Issue at or before
m aturity. V. 71. p. 1210. I .il l; V. 72. p. 44. and circular, p. 136, 552, 257;
V . 70. p. 212. In 1001-07 $1,955,000 Included above aa outstanding was
purchased by sinking fund.
The oon v. 4s of luo.i ($50,000,000 authorized Issue) will be Issued from
time to time as required and may be made convertible Into com . slock at a
price to be fixed when the bond* arc Issued, but not less than $41 H per
share: they will cover all the com pany's property subject to underlying liens.
The first $10,000,000 faeries A) hsued lor Improvements and equipment la
convertible on basis of $ lo o bonds for $2uo stock to April 1 1013,
Series M bonds for 512,009.000 (see l im n e rs " below) arc convert. Into
co m . stock at $30 per share nt any time since O ct, I 11)07 and before O ct. 1
1017. V. 76. p. 382. 541; V. 78. p. 768; V. 70, p. 22(>ft; V . 84. p. 270.
T he Erie A Jersey H R ., with Shoo .0 0 0 authorized stock , will build a
low-grade cu t-off from Highland Palls, via Campbell Hall, to Guym ard.
N. Y ., about 40 mile*. In Juno luu7 $3,000,900 3 year Eric A J ciscy c,%
notes were -.old, secured by $4.ooo,ono E. & J bonds (authorized Issue $10,­
000,009 1st 5.1 -year 4s). V 80, p. 2621; V. 84. p. 603. 1330.
In Juno 1007 the Gencsm River H R . was authorized to make $6,000,000
m ortgage covering the proposed road from Hunts to C uba, N. Y .. 30 miles;
A loan of $2,009,099 wan obtained, secured b y Its bonds. V . 84, n. 1360,
1 83; V. 51. n. 777.
Real estate mortgages outstanding Sent 30 1007, $647,350.
Ill April 1907 $3,500,000 one year notes (discounted In advance) were
nold to retire $3,009,009 notes maturing April 8 and take up a bou t $2,­
000,009 falling due on nr before July 1. V . 84, p. 803.
Car 7‘rusf Strict, Cold (Denomination $ 1 ,0 0 0 each),
Mature In j nstalltncnts.
1*ate. interest. outstanding,
Var. to I9IO
$6 0 0 ,0 0 0 yrly.
• A 'W O " o o -'o i 4 tor. V «r. $ 1 , 8 0 0 ,0 0 0
130,090
October 1908
•O'* ____ m ot 4 m a a o
3oo,ono Apr. '03’ A pr. ‘Oil 230.000 yrly.
•K*'
____.11102
11102
4 M A AO
27 3,000
Fob. '() - Teh, '10 133,900 yrly.
.1902 4)| F A A
*'.40,000 June ‘OS-Dee. '09 160,009 s.-a.
1904 4 J A D
"«r»»
•irv
.1903
MAN 1.609.090 June ’ OSJUUC *15 KKJ.QOO s.-n.
5,9 0 . 0 0 0 J ..M» ’os-D ec, *10 330,000 s.-a.
.1905
J AD
T* .
M "
1906
MAN
856,000 May ’08-N ov. *l6
47.000 s.-a.
A AO
580,099 Jan. '08-July '17 semb.uinimlly.
. 1907
"K".
1,613,990 Part m onthly (V , 84. p , 931).
. . . 4lO Var
•Merle* * ( i " fa Mibjind In nail nt par hcclnnlmr De.\ 1007.
Interest raid : " A " tn " 0 “ ami " J " In New York; series " 1 1 " at Girard
Trust C o .. Philadelphia; ear lea " i " at Pttnn. Co. lor Ittsur. on Lives, A c ..
Phlla.
In Aug. 1907 npptlcutlon wan made to i*.juo about I6 .0 0 0 .0 0 0 car
trusts, of which part iMijrd,
01*1 Bond* -U n d e r tiir 1 st consol. M. of '05 the co. covenants to pay tho
Int. regularly on *ill the old bouda In the table that are marked with an • or
a i» (except N. J. A N . Y , bonds), and to take them up and pledge them
with the trustee at maturity
Long D ock fl*. sec March 1894 "Supplement.” under N. Y. L . E. A W.
F IN A N C E S .— Dividend* out of earnings o f llnoul year 1 9 9 6 0 7 wore
largely paid III scrip.
V, 65. p , 530,
In 1003 and 1906 $12,090,000 4 % " I I " convertible bonds were sold to pro­
vide for Improvement*. V. h i , p. 1 1 0 0 , m i n ; v 8 4 , p. 168; 27o.
E A R N I N G S . — *6

m o s . . / M ) 0 - 7 -------

G ross, $ 23,863,340;

n et. $5,996,209

July I to N ov. 30.
11906------------ Gross. 2 2.830.682; net. 7.0 13.668
For 3 mo*, ending Sept. 30 1097, net. $ 4 ,0 3 4 ,1 7 7 , against $ 4,133,944 In
1906: oth. Inc . $248,212: charges. $ 3 ,2 5 5 ,8 * 3 ; b al,, stir.. $ 1,020,506.
A N N U A L R E P O R T .— Fiscal year ends June 30.
Report for 1906-07
given In full hi V . 85, p. 636. 913.
1906-07.
1005-06.
1004-06.
1903-04.
Miles operated ...............
2,168
2.151
2,151
2.151
Gross eanilmjH . . . . . .
$ 5 3,014 ,837 $50,002 ,634 $ 43,724 ,738 $45,201,183
Working e x p e n se s.-38,167,030
35.872,837 3 3.142.208 32,681.833

Net earning*...........
$15,747,788 $14,129,797 $12,582,530 $12,619,325
Net coal com p a n ies-- i $2,202.6251 $1,505,140 $2,100,439 $1,993,91 1
o th e r Income ......... \
------ 1
582.702
488,918
112,807
Total net Income*___

In terest.

.

....................

Rental 1 . .

............... ..

P. c. duo leased line*.
Int. on equip, trusts ..
Miscellaneous ..............
A d d'tn A Im provem 't*
Dlvs. on l*r preferred.
Dlv*. on
preferred.

$17,930,413 $16,307,639 $13,261,017 $13,026,043
$9,372,62* $9,248,048 $8,891,077 $8,393,68*
1,147,302
1,994.375
1,153.623
1.033.969
169.330
172.827
176.803
189.204
692.022
307,662
264,249
284,791
534.373
370.083
36* ,5*0
332.339
1.642,029
1,926,073
1.360.333
1.340.320
(4)1,015.606 (4)1 913.696 (4)1.913.606 (4)1,915,606
(41640,099 (4)640,009 (41610.000
................

Halsnre. Mirplu* . .
$1,705.9*3
*V13.f)76
8190,31*
$ 1 0 0 6 .0 3 6
O F F IC E R S . — Pres., F. I). Underwood. 1st Vice Pres, and Gen. Solicitor.

O. F. drow ned; 2d Vies-Pres., d . A

Rlnhardson: 3d v ioe.iT eg ., H

U

C ham bnlnln; 4th Vice Prrs,, .t. M. ‘ Jesl-am: Sec . David Potman; Trea*.
D . \V. Bigoncy; Comptroller, M. P. Blauvelt. Office, 11 llw ay ., N . Y .




59

IThen

Payable.

F
A
A

A
A
a

Where Payable. and by
Whom.

Bonds — Princi­
pal. When D u e .
Stocks— Imsi
D ividend.

t«
A 11 B roadw ay. New York Feb 1
O
uo
do
April 1
n
do
do
April 1
April 8

Various Loudon

1951
1953
1933
1U08

19U8 and

M A
S Bankers* Trust C o. N Y
J
A
J
do
do
J
A
J
do
do
4 In 1907
A A O
J
A
J Banker#* Trust Co. N Y
J
A
J
do
do
A A O
dr#
do
do
do
A A (3
A A O
do
do
F A A Blair A Co N V
F A A
do
do
Q — F 5 Omce. Corning. N Y
Q — J Office, Boston A Me, Bos
M A N Office, Boston
F A A
do
J
A D
do
do
M A N
Various
do
Various
do
do
A *
o
do
A A O
M A N Office, Boston
do
J A
J
do
J
A D
M A N
do

1010

Sept 1 1909
July 1 1924
Jan 1 1026
Oct 15 ’ 07 2 H %
July 1 1910
July l 1021
April 1 lo s s
April 1 1930
April 1 1042
Feb n u - F r b *15
Feb '08- Feb '16
Feb 5 1008
Jan l *08 1 H %
May 1 190*
Feb 1 1037
June 1 1020
May l 1014
19)5 and 1916
1927-192*
Oct 1 1920-1921
Apr.
1 1927
May 1 1023
July 1 1924
Dec 1 1911
M ay 1 1023

D IR E C T O R S .— CJ)is. Steele. J . J. G oodw in. John G. McCulloughs
Ogden Mills, Alexander E. Orr. K. R .U n d e rw o o d . G .A . R ichardson. Francl
l.ynde Stetson, Geo. F. Maker. J. N. H id. Norman B. R eam . H . McK*
T w om b ly, 1*\ H . Itarrlman, W illiam c . l^inc. Louis L. S tanton, W m . P .
H am ilton.— V . *5. p . *56. 0 I5 . 934, 127U, 1338, 1461, 151*.)
E V A N SV IL L E & IN D IA N A PO LIS R R .— Owns Evansville to Terre
Haute, Ind. (via W orthington ). 134 in.; leaMss branch, 12 in. A consolida­
tion In 1685. Of the consols $896,000 held to meet prior liens. The co n ­
sols. and the bonds o f 1924 m e guaranteed b y Evans. A Terre H aute, which
owns capital stock, $2,000,0* d. Com pany owns no equipm ent.
In 1905 00. gross, 53*6.741; net. $103.061; Interest, taxes, A c., $175,861
b al.. cleOcIt for year. $72,800.— (V . 75. p. 080.)
E VAN SVILLE A TERRE HAUTE R R .— (See M aps Rock Island C o .)—
R oad owned and operated.
M ile s .
Controlled and operated.
M ilts.
Evansville to Terre H a u t e . . . . . . 100 Evansville A Indianapolis, E v­
Branches to Mt. Vernon, A c____DO
ansville to Terre Haute via
Evansville Belt (stock h e ld ).___ 5
W orthington, A c . . . . . . . . . ___146
Total In earnings.......................................................... ................................................. 316
Leased to other companies Rockville extension.............................................. _ . 2 3
Tho Chicago A Eastern Illinois owns $3,1 6 1 ,4 3 0 o f the $3,957,38$ com ­
mon stock: par. $50. V . * 1 . n. 1242.
D IV S . ) *9i . '93. *94. *95. '96. '97. '98. ’ 99. '00. ’01. *02-'05. '06. 1907.
Com . % ) 7a 7
—
...............................
2
3
1H
None. 4
4
2
0
4
5
5
5
5 y 'ly .
5
5
Prof. % J . .
- ...................
a Also UK In bonds, b A Do scrip dividend.
On preferred 5 % declared In 1907. payable 2 H % O ct. 1007 and
April 13 191)8.
B O N D S , G U A R A N T IE S , A c .— Certain Evansville A Indianapolis bonds
are guaranteed. See that com pany.
General mort. 5s for $3,655,000 are
held in trust to retbe the prior bond# and car trust* at maturity
Equip­
ment notes June 30 1907. In /'ddltlon to those In table above. $68,851.
E A R N I N G S .— 5 m oa.. 11907________ Gross, $1,060 ,3 9 4 ; net, $332 ,66 7
July I to N ov. 3**.
>1006 .
Grot*.
1.<>13.421: net.
406.340
A N N U A L R E P O R T .— Report for 1906-07 war. given In V . 85, p. 1000.)
Result* Of Evansville A Indiana poll* arc Included.
Year rndlno Juno 30—
1907.
10 0 6 .
10 0 &.
1004.
$ 2 , 1 6 3 .6 * 1
$2,050,147 $3.9*9,336
Gross e a rn in g s ....... .............$2,267,215
Net earn in gs..
1 , 1 2 .1 ,6 0 6
1,052,269
1,011,536
831.274
Other In co m e........ ..............
25,514
24,612
28.244
36,228
Total net Income......... $1,119,120
Interest on d e b t.................. $580,622
Taxes and miscellaneous.
103.278
Dividends on pref. ( 5 % ) .
64.167
Dividends on com . ( 4 % ) .
159,403
I in prove in c u ts ....................
.............

$1,076,875
$550,281
92,2*4
64,167
159,495
42,921

$1,039,800
$514,160
00.029
64.167

$887,502
$509,281
90.639
64,167

7*0', 286

Ifafancr. surplus..........
$241,550
$167,727
$291.23*
$214,415
O F F IC E R S . — Pres., H . I. Ml ler: T rca s.. C. W . Hillard. — (V . 8 2 . p. 627;
V, 83. p. 562. 623, * 8 8 . 122*; V . 83. p. 599, 9 21, 1000 )
PALI. B ROOK R A IL W A Y *— (Arc M a p X . Y. Central L ines ) — Own*
Corning, N. V .. to A ntrim , P a .. 52 tulles; branch toUlyss**8, P a ., 40 miles.
L E A S E .— The railroad and its tolling stock was leased 10 N . Y . Central
A H . R. R R . for 999 years from May l 1*99 fur $176,000 yearly, payable
quarterly in gold, beginning Aug. 1 1809; also taxes and repairs, the leases
of the Syracuse Geneva A Corning R y. and Pine Creek R R .. formerly held,
being canceled and new lease* made to N. V . Central .which also assumed the
guaranty of the 13,3191.(100 Pine Creek bond*. The lea*e does not Include
the coal properties of Fall Brook Coal Co.
Prior to the lease, dividends had
been paid Quarterly since 1891 at the rate of 7
per annum on preferred
and 6 % on com m on; since the lease 7 % on preferred and 2 Hi % on com ­
m o n .— (V 6 * . p. 379. 573. 7 73. 872.)
I'lT CIilt liR O RR. System extend* from Boston, M as*., to Troy and
R otterdam , N . Y ., 231 miles; hranc.hr* to Worcester, Bellow* Falls, A c .,
207 m .; 438 m . In all, of which 39 r». (Fitchburg to Greenfield) leased from
Vermont A Mas*, and 5 m from other co#.; second track 183 m
in June
1907 purchase of Conway (Man*.) Street R y. wa* authorized. V. * 4 , p. 1366.
L E A S E .— Leased for 99 year* from July 1 19(10 tu button A Maine Tor 3 %
on pref. and l % on com. stock, payable quarterly (Jan. l . A c .l , organiza­
tion expenses, Interest on bonds, taxes, expense?, o f maintenance. A c . The
Boston A Maine holds $.1,464,550 of the $ 7 ,000,000 com stock, purchased
with proceeds o f Us 3 % bond* at ou. the remainder being in the treasury.
V . 70. p. 76. 125. 176. 5 83. 1291: V. 71, p. 29. 543; V . 72. p. 332.
B O N U S . -Debenture* described In V 611 , p. 067. V . M , p. 138, 270.
Stockholders voted Sept. 23 1907 to Imujc $2.P<>0.000 bonus to refund the
$ 3 , 000,000 b on d! due M ay 1 ion* and double-track road between Troy and
JohriKonvIlle. N. 1' . end for other Improvements, nnd to P?uc preferred
stock and bond* to jnirrluoe the Conway St. R y.
V . 83, p. 722.
No
further action to Dec. lm»7 - (V *•'». t» 7 9 ,1 .)
F IT Z Q B R A t.l) O C IL L A A BROXTON RR.— Own* Broxton to O d lla .
G a ., 23 mile*, with btaftoll to Fitzgerald. 5 m .; lease# Ocltla to Irwlnvllle,
10 m .: total, 40 ni. Sncoiywor May 1907 to the Broxton lla/lchu rst A
Savannah.
V . *1, p. 1331. Stock. 83UO.0OO, all outstanding; par. $100.
O f Urn ImbuIs ($300,()(») authorized). Title Guarantee A Trust Co. of A tlanta,
trustee. $150,000 arc reserved for extensions and Improvements.
V. *3, p .
468.
ITes. nml Gen. M gr., H . G. XlcFaddcn; Sec. and Treax., C. 11,
G w yn.— (V . 83, p. 468.)
I51.ORI DA C EN TR AL R R .— Und' > rn*iMr notion fto.n T h om n vllle. G n..
south through Umber bind# to Delph. Fla., 60 miles, of whirl) J* ni. com ­
pleted In Jan. 1908.
Projected to run eventually’ to (be G ulf of Mexico,
u total of 65 mile*. Controlled by Phillip# 1.umber Co. Stock, $30,000 ;
par $100.
Bonds mature S40 non ye *-iv; Bank o» T h o r w v llle . trti#Ue.
V . * 5 , p. 1339.
Pres.. J. L. Philip*; V .-IV , J S. Gordon; S<e. nnd 'I Yen*,.
Charles Philip* Jr — tv * 5 . p. 133.M
P t.O R ID A EAST COAST R Y .— Operate# from Jaek5onvtlJe. P la .. via
St. Augustine, to Miami, 366 mile*; branched to Patatka. Snn Mateo. A c .,
17 tn.; Atlantic A W estern, Blue Spring* to New Sm yrna, P la., 28 rn.j Titus-

RAILWAY STOCKS AND BONDS.

<>o
R A IL R O A D S .

For explanation of column hcadlnoi . A c ., see notes
on first paoe of tables.

IN T E R E S T OR D IV ID E N D S .

Afiles

Date •Stee, or
of
A mount
Par
. °r
Road. Ronds.
Value, Outstandlno

| V m ,. ( . x x x v i .

When
Payable.

Rate
%

Fitzgerald Ocllla A Broxton -1st M 5300.000 g red 110
.10 1007
S 1.000
5130,000
6 g
Flint A Pert Marquette —See Pcre Marquette Statemeii t.
Florida Central -F ir s t iQttC 5200,000 gold iscc te x t). .
6 g
10,000
200,000
1007
Florida Central A Peninsular -Sen Seaboard Air Line R y.
Florida W est Shore— 1st M * 2.000,000 gold guar p A 1
60 1004
712,000
1 .000
6 g
Fonda Johnstown & Gloversvllle— Cons M 5 5 0 0 ,0 0 0 .c
6
26 1881
200.000
100 A c
First consol refunding M $700,000 g o ld ............... N.o*
26 1807
4W g
1.000
500.000
General refunding M $ 1 .500,000 (V . 71, p. .11). . N,c*
800.000
26 1000
1.000
4 g
Johnstown G A Kltigsboro nrst mortgage assu m ed ..
6
•i 181)3
50,000
1.000
Cayndutta Rice 1st M guar p A 1 by 1* J ft G . gold N
6
14 1802
3*10 000
1,000
First cons gen ref M $ 7 , 000,000 gold red 120. N .o*Ar
75 1002
1.000
4,687 000
4H g
Ft Dodge D o. Meleos A So Newt A Now 1st M red! 10
102 1002
1.000 See text.
•5 g
Ft D D M A So 1st M . 5.1,500.000 g red 105 (t«*xiK>B
2,200,000
1007
5 g
Refunding m tgc, 55,500,000 gold red par (text) - All
2,800,000
1007
5 g
Fort Smith A W rilern — 1st M *7,800.000 gold . Me c 6 ,000,000
1g
1004
1.000
Port W ayne A Jackson— Profcrrcd stock ft}$ % rental
08
100
5U
2.201.416
Ft SVorth A Denver City— Pref stock "sta m p c t f s ." 4 %
2.530.002 1 In 1007
100
First mortgage gold 511.000 per m ile................. M c.c'
455 ia s i
8 ,176.000
l .ooo
6 g
Equip trust certs gunr due 5 .1 0,000 s-n redeem 1 0 1 .
1006
5
507 00U
do
do Scr R doc seml-ann, redeemable 1 0 1 ,0
358.000
1007
ft
1.000
Fort Worth A Rio Grande— Sen S t Louis A Sail Francl SCO.’ ”
(Uliicsvlllo A Gulf— See Tam pa A Jacksonville.
Gainesville Midland— lit M 51.000,000 gold red at 110
74 1005
1,000
661.000
Off
Galveston Harrlsb & San Antonio— 1st M g land gr.o*
256 '7 1 -'80
1,000
4,756.000
Western Division flyst mortgage gold......................c*
671 1881
1,000 13.418.000
ft g
Galv llous * Nor lit M (owned by Sou P a c)...............
56
800.000
ft g
N Y Tex A Mcx 1st M gold t or £ e u a r by So I * .. F .c01 1882
1,465.000
4 g
£ or $
do
do
do
not guaranteed............
0!
1882
53.000
Galveston Houston A Hend of 1882— 1st M ____ Mc.c*
50 1883
1,000
2,000,000
5
Genesee A W yom ing RR— 1st M gold $ 5 0 0 ,0 0 0 ... K
18 1800
1.000
500.000
6 g
Qeorgla & Alabama— Georgia Carolina A Northern— S eo Sea board Air Line Ry.
Georgia Coast A Piedmont —1st M gold 51,000.000 Mo
85 1006
300.000
1.000
ft ff
1007
Sec te x t.
5 g
Georgia A Fla— Milieu A South IstM $800,000 g
K
~53 1005
210.000
1 ,000
ft g
Georgia Florida A Ala— 1st M gold.
Text.
1004
1 .000
.1 g
See text.
Georgia Midland Ry— 1st M gold $1 600,000 Int guar
08 1806
1.000
1.050,000
3 it
Georgia Pacific— See Southern Ry.
Georgia Railroad A Banking Co— Stock.......... ...........
307
100
4,200,000 11 III *07
Bonds refunding, nor mortgage, currency.
o*
. . . 1807
1.000
1,000,000

ft

J

A

Where Pauable , and bp
Whom.

J A tlanta, Ga

M A N
J
A
J
A A O
J
A J
J
A
J
J
A
J
A A O
M A N
A A O
.1 A
J
A A O
A A O
M A
S
See text.
J
A U
J
A D
A A O

j

A
A
A
A
A

Stocks— Last
Dividend,

July

Bank ot Thomnsvllle, G* Nov

1 1037
t

'lu ' U

See text.
Imp A Trad Nat Bk, N Y
New York Trust Co, N Y
do
do
Metropolitan T r Co, N Y
Farmers L A T r Co, N Y
N Y Trust Co, N Y
Did Col T r Co. Boston
do
do
American T r Co. Boston
Mercantile Trust Co, N Y

Jan 1 1034
April 1 1021
July 1 1947
July 1 1050
July 1 191.1
Oct 1 1022
NOV 1 1052
n et
1 1032
.fan l 1032
April 1 1937
April 1 1054
S r p tl *07 2 K %
Feb 21 1007 4 %
Morton Trust Co. N Y
Mercantile Trust Co, N Y D0C l 1021
June’Oft-Juno'lJ
Apr '0 8 -A p r *17
Guaranty T r C o, N Y

M A N
F A A So Pac Co. N Y ; A Uoston
M A N So P Co, 120 ll'w a y , N Y
do
clo
A A O So Pac Co, N Y ; a Lornl
A A O
A A O
A A O Knickerbocker T r C o,N Y
U
J
A
J
A

Bonds— Princi­
pal, When Due.

Nov
Feb
May
Jan
April
April
April
April

1
l
1
l
1
1
1
1

103ft
1010
1031
1030
1912
1012
1013
1020

S Mackay A C o. N Y
Mar l 1956
I)
O
April 1 1055
J
O J P Morgan A C o. N Y April 1 1946

CJ— J
*
j New York or Augusta

Jan Ift *08 2 H
Jan 1 1922

vlllo brnnch, IN m .; Jacksonville to Mnypnrt. 25 m .: total. 481 m . V . ao, p,
A N N U A L R E P O R T .— Report for 1004.03 Was III V. 81, p. 1372.
Earn
5»t.
System •.wind iiy Henry M. Flakier.
Extension from H o m e ­ logs now Included In those ot the Col. A So. system .
stead to Key W e st, about 120 m . Is nutter construction; opened to Knight's
Venrcntt. JuntSO—
1903.
1804.
1003.
1002.
Key Jan. 1008, whence ferry-boats operated to Havana In place of FculunuU
Gross earn ings...................*2,3 2 6 .4 0 3
* 2 ,4 0 6 .3 1 7
(2 ,4 9 4 ,3 8 7 * 2 ,2 3 2 .1 2 3
& Occidental SS. Co,
V « l , p . 211; V . 8.1, p, 021; V . 8(1, p. 52.
Not over t a x e s ..............
.102.300
377,331
404,986
561,373
June 30 1005. stock, Sl.otio.ooo; * 7 .2 3 0 .0 0 0 1st more, hoods Issued. In Other Income....................
14,359
11.243
17.334
..........
Clot. 1002 filed a 2d mure, to Colonial T r . Co. of New V o r k (now Trust Co.
For 8 m os. ending Fell. 28 10(16, gross, *2 ,2 6 4 .0 3 8 ; not. *810,1)37; other
of America) .as trustee, to secure *8 .7 4 1 ,0 0 0 3 0 -yr. 5 % bonds dated .Ian. 1
Income. * 6 .23o; taxes, *3 4 ,2 3 4 : In t., A c .. *333,318 ; b a l..a u r.. * 446,635 .
11)03. o f which about * 6 ,0 0 0 .0 0 0 was reported to be Issued. V , 7 3 . p. 000
Pres.. Frank Trumrmll, Denver. Col.— V (. 8 2 . p. 1156; V . 84. p. 3os.)
The sit.500,000 3-year 0T . coupon notes tinted Aug. 1 11107 (denomination
G A IN E SV IL L E .M IDLAND R V .— Owns Gainesville, (In., to Athens, -12
* 10.0 00 each) arc guaranteed, prln. and In t., by II. M . Flagler and secured
miles,
standard gauge, and Belmont to Monroe. .12 miles, narrow gauge, to
by pledge of *3,000.0011 orst tntge. bonds: H. S . M tgc. ,tc Trust Co. of N. Y .
he standard-gauged. Successor to a portion uf the Gainesville JelTerson
Is mortgage trustee.
V . 83, p. 220.
For year 1003*00 gross earnings,
A Southern R y ., foreclosed July 3 190-1,
V . 70. p. 131. 261). 300, 627,
*2 .741.132; net. *7 0 3 ,3 0 3 , against *720,341 in 1001-03; other Income,
Stoek. nil outstanding, * 3 3 0 ,not). O f the 1st 3.< of 1003 I I I .000.000 au ­
* 1 ,7 0 1 ; charges. *843.340 — IV 8.1. p. IPS. 0 2 1 , 1270; V . 8 0 , p. 52.)
thorised). *14.000 la reserved to retire old 6s and 8333.000 for extensions.
F L O R ID A w e s t SHORE R V .— Turkey Creek. Fla., on Seaboard Air
V . 81, p. 1818. The Savannah Trust Co. la mortgage trustee.
V . 81. p.
Line, to Sarasota on the G ulf of M exico, 30 miles. Including 4 in. of track
1.17.1. 1350. 1 ear ending Juno 30 18 0 6 , gross. *108.838 ; net. *23,230: Int
ago, with branches. 8 m .: total. 64 in. Stoek authorised. $ 1 ,0 00 ,0 00 , of
ml lionds. *12,68.1; bal,, sur.. *10,343.
Pres'.. Oco. J. Baldwin; See,.
F. J .C ro h an .— ( V . 8 1 . n. 1848.)
which *300,000 outstanding .practically all owned by Seaboard Air I.lnc;
par of shares, *100.
Under contract o f 1003 the Seaboard Air Line Is a
( l A L V e S T O N H A R R I S B U R G A SAN A N T O N I O K V. — (Srr M ap South
preferred connection and guarantees the outstanding bonds: V . 8 0 , p. 1478;
r t r i n e . ) — Owns Galveston via Houston. T e x ., to east hank of Rto Grande
V. 1 7 , p. 803.
Receivers having been appointed fur Seaboard Air Lino, an
River. 8.1.1 miles; Ileevllle to Rosenberg, 147 mlles Fnrt Lavaca to Cucro. 33
olfer was made to purchase the .Ian. 1008 coupons.
V. M i p . 3 3 .
For year
miles; Stockdale to Cucro. 48 miles, completed July 1006 ; branches. 233
ending June 30 11)06, gross, * 130,811 ; net, $28,252; total deductions,
miles; trackage, 3 ni.: total. 1.317 miles. Operated by Southern Pacific C o.,
*37.7.13; bal., d c f.. * 0 .5 0 0 .— (V . su, p. 1478.)
which owns * 27,033,100 of the * 2 7 ,0 8 4 ,(7 2 stock (pnr. *100).
A consult,
FO N D A JO H NSTO W N & O LO V E R S V ILL K R R — Owns Fonda to North- datum In Aug. 1003 with the New York Texas A Mexican. G o lf Western
vllle (steam ), 26.2 miles; Uloversvllle to Schenectady (electric), 32.3 m .: Texas A Pacific. San Antonio A Gulf, Galveston Houston A Northern and
IJtoverJVllle to Fonda (electric). 9 .34 m ,; Amsterdam to Hagaman (electric). (fontalcs llrancb H R . V . 79. p. 2042; V . 80, p. 1424; V. 81. p. 211, 668,
I. 0 m .: Ilolt line In Glovcrsvllto (electric), 3.0 m .; second track (electric), 1242; V 83, p. 132*. Stock Is to bo Increased and new mortgage made;
I I . 2 miles. Operates under lease branch line Broadalbln Jet. to Hrotulaibln, not arranged In June lui>7.
1.2 in. (steam ); also local line Glovrrsvllle to Jo1 nstown (electric). 4.23 in.:
B O N D S .— First mtgo. has a sinking fund of 1 % , hot It Is optional with
tidings and turn-outs, 11.7 m .; total. 1)7.47 miles of road (118.67 miles of holders to surrender their bonds If drawn. W estern Dlv. 2ds 1*3,334,000)
track ). of which 08.87 miles on private right of way and 21.8 miles on street,
by agreement are
treated ns Income bonds; V . 3 8 . p. 718; V . 84.
and highways,
sto ck . *2 ,3 0 0 ,0 0 0 ; par, *10.
p. 803.
Equipment bonds. * 1 ,3 5 8 ,lino Os, owned by So. Par.
V . 70, p.
Owns entire *103,000 stock of Coal Co. of Fulton Co. and stock of Edison
1300; V . 77, p. 2160. Southern Pacific Co. nr.d sink, funds of proprietary
Electric Light A Power Co,
(V . 71, n 11*7.)
V . 7 8 . p. 29,
Also a twocompanies also own *8 4 2 ,nun Matagorda Dlv. 1st M. 3s of the old N . Y .
thirds Interest In stuck and heads of Adirondack Lakes Traction C o.. 4 miles, T ex. A Mcx. R y .. * 2 ,2 2 4 .0 0 0 Gulf W est T ex. A I’ nr. 1st m tgc. 3s and
and the resort "Sacandaga P a rk ."
*1.110.000 out of a total of * 0 ,3 3 4 ,0 0 0 W est. Dlv. M. A P. E x t. 2d m tgc.
0s: * 1.000.900 G . H. A S. A. East. Dlv. 2d 6s (extended), doe June I 1853,
B O N D S . — Of the consol. -I t s s o f 1902 ( $ 7 ,0 0 0 ,0 0 0 authorised), *1,830.000
are also owned hy So. Pac. or sinking funds o f proprietary cos.
Is reserved to retlro prior liens.
V. 7 0 . |). 203. Guarantees $30,000 GlovYear 1805.06, Including Galv. liar. A S A ., tla lv . Roust, A N or.. Gulf
ersvllle A Hroadalhln f,s and 3.10.000 Johnstown Gloversvlllo & Klngsboro
Horse R R . 6s and *30,hU0
stock.
W est. T ex. A Pne. and N . Y . T ex. A M cx.. gross, *0 ,9 1 3 ,3 2 1 ; net. Incl.
other Income. * 3 .116.301: charges. *2 ,1 3 4 ,1 1 0 : M l ., aur.. *0 6 2 ,3 8 2 ,— (V .
L A T E S T E A R N IN G S .— 11907.................Gross, *430,035 : net. *236 291
81, p. 6 68. 1242; V. * ( , p. 80.1.)
a m o*..J uly 1 to D e c .31- \ I9 0 0 ................ Gross.
I18,oio; net. 2 ■6 152
OALVBSTO N HOUSTON A H EN DER SO N RR. OF 1882 — Owns from
R E P O R T . -F o r vear ending June .10 l# 0 7 . gross, *774,3.16: net, (3 7 1 ,0 3 4 ;
G 6lveston. T e x ,, to H ouston, T e x .. 50 miles.
other Income, * 2 0 ,3 0 ): charges, *3,16.818: b a l,. stir., *3 3 ,3 3 3 .
O R G A N I Z A T I O N .— The M. K . A T . and International A Great North,
FORI DODtlE DES .MOINES A SOUTHERN R R. Owns or controls road
have had trackage rlghti since Dee. 1803 under a contract providing for p ay­
from Dos Moines, la . to Fort Dodge anti extensions m Rockwell c ity and
ment to mtgc. trustee of tlllO.OOt) yearly tn meet Interest on G. ||. A 11.
Newton, with 7-mlle brarten to Ames nod local lines In Port Dodge and
bonds and an additional rental of *24,000 per annum for dividends nr other
A m es, all equipped for steam service, and the main line between Drs Moines
purposes— see V . 31. p. 1064; V. 33, p. 607.
M. K . A T . owns 4,008 shores
and Fort Dodge, will) branch to Ames, a total of III) miles: also with electric
of G. II. A H stock— see V. 31, p. 1013.
power for high speed passenger service. Of this Newton to Rockwell c ity ,
Stock, *1,000,001); par. *100.
Dividends paid lu M ay, 1004 tn 1003, 4 %
102 miles, Is the Newton fc Northwestern R R ,, which Is controlled by
ownership uf securities. See V 8 .1 . n. oa i ; p i .
yearly.
For year ending Dec. 31 10 0 6 . gross, Including *124,non for
trackage as above. *442.430: net. * 182,783 ; other Income, *3,6 1 5 ; Int..
S T O C K .— Common stock. authorised, *6 .3 0 0 ,0 0 0 : outstanding. * 2 ,0 0 0 ,.
* 10 0 , 000 ; d iv a , 1 % . *40,000: real estate and Improvement*. *0,848;
000: preferred 3 % nnu-ouuiutatlvv. s i.2 o a .0 0 0 ; alt Issued.
b al., su r., *3 3 ,8 5 2 .— (V . 63. p. M i l . )
B ON DS. -T h e Orst 5s of 1007 1*3.300,000 authorised) arc Issuable at
tinNESI!II A W YO.MINO R R .— Ilclsof, N . Y . , to Pittsburgh A I-chlkb
*14,000 per mile and the refunding 3s, of whleh Sa.3no.ll00 are reserved to
J et,. 11 miles; Itetsof .let. to Grclgvllle, 4 n),; branch. 2 in .; total. 16 miles.
take op the Orst 3s. at *17 .0 0 0 per mile, o r the Newton A Northwestern
Dividends from Oet. 180!) to 1002
Orst 3s (*2,430,000 outstanding), about 7 3 % has been acquired l,y the Stoek, *300.000: par of shares. *1 0 0 .
IllCl., 5%, yearly; 1003. 8 % : 1004. 8 % ; 11)03 to O ct. 1007, 475 yearly (A . A
Ft. Dodge Dot Moines A 2k). Mortgages rover also ,1.218 acres coal lands.
V . 8 3 , p. 118.
O .).
Year 1006-07. griiii, *128,022 : not, *43,273: charges, *27,330; dlv*.
(475). *30.000: ItaL.tl'-f.. * 2 ,2 8 7 . Pres.. It. L. Fuller. Scranton. PA.; T r ia s.,
O F F IC E R S .— Pres., Htmier Luting: V .-P . and Teens., F. A . Farrar: See.,
Mortimer II. Fuller; See . II. 1). Fuller. 170 Hway, N. V. -(V .7 6 ,p .l2 4 8 .)
latwrtnee II. Parkhurst.
IV. 8.1. p, DS, 100. 1200.1
G E oR tll \ COASI A PIEDM ONT R R . -E x te n d s horn Darien tn Col­
PORT S.'HTII A W ESTE R N R R ___Operates Fort Sm ith, A rk ., to Gutli
lin. O n.. 8.1 mile* com pin n I In July 1803.
Extension Darien to Bruns­
rle. O . T . , 213 miles, of which Coal Creek. 1. T . , to Guthrie. 100 nt.. Is owned
wick. G o ., 13 in ., was proposed in Aug. 1907. Hmok antli.. *15,000 per ni.
and Ft Smith to Coal Creek. 20 ni.. Is Kansas City Southern trackage, to
The consolidated to-year .Is (limited to *3,300.001)) are hum ble nt *10,000
be replaced by com pany's own road. Coal properties are developed at
per mile and * 2 .001) Per mile additional for equipment when the property has
M ccurtain. 1. T . , 40 tn. west o f Fort smith, producing tin average of 30,000
tons per month.
In July 1008 acquired 5 1 % of the capital stoek of the earned 3 0 % In exet-is of Intorest charges; * 200,000 may he used to aequlrn
terminals, sufficient of the Issue being nlso reserved to route the 1st 3s.
St. I-ouls El Reno A Western R y ., Guthrie tn El Itenn, t). T . , 42 miles.
V. * 2 . p so l
in O ct. limy the company was antlmrlred to Ihhuo * 2 .5 7 0 .0 0 0
The latter will he operated Independently.
consols for vnrtnua purposes, luelmllug * 1 .00 (1.000 to retire the Orst .*•».
Stock, *3,1100.1100, all Outstanding; pal *100. Of the Is of 1004 1*7.300..
V . 83, J>. 1113
Vear ending ......... .10 I007. gtoss. *8 0 .2 6 2 ; net, *3 1 ,0 0 *.
Out) n o th .). *.1,83.1,000 were Issued m exchange
for S.I.OOO.OOO old 3s,
Pres . Donald 'U c V a y . -I V
p, 801; V . 85, p. 114,1.)
J too.ooti an- rr.crvrd to replace the 20 mites of trackage mentioned above,
3-ion.oiio for equipm ent, and the balance for other purposes.
In July lOu.i.
GEORGIA FLORIDA A A L A B A M A R V .- O w n s O u llb ert. U .v . to T alla­
filed an agreement for the purchase of equipment costing *4 3 8 ,0 0 0 , V , 77
hassee. Fla.. 107 m .; TallahaMee lo Carrabelle. on the Golf or Mexico, 31
p. 8.1,
(.'or year ending June .10 1007. gross. *381,337 : oper.expenses, taxes
tn.- branch, Havana Fla . to cjnlney. 12 m : total. 170 mites. Also otter,
and itxrd charge.. *604.001: b al.. tier., * 0 ,3 3 4 .
In 1901).06,gross, *320.312: ales steamer line from Carrabelle to Appalael'leohi. FIs. Stoek. *380,000;
dcf. under charges, *63,323.
I’res. anti Trims., A . C . Dustin, Cleveland,
par, *100,
Bonds reported as outstanding Jan. 11)07. *1 .100.000 on 107
Ohio.
(V . 71). p. 260; V. 83, p. 21.1, 271.)
miles from CuGlIwrt t „ Tallahassee. *310,000 on 31 miles Tallahassee to
Carraliellt' and terminals, and * 1 2 2 ,ODD rut 12 miles Havana lo Quincy.
FOR r w a VNE A JACKSON R R
O w iii Jackson,.Mich., to Fort W a y n e.
V 70. p. 2083. The st„<:|,holders on Nov. 13 lour, authorized *1.223,000
Hid., 08 miles. Oil Aug. 21 1882 leased perpetually to Lake Shore .V \llrh5 % non cum . pref. stock mi i n s ', miles, then operated, with *8.000 per
gan Southern i t a rental of * 1 2 6 ,0 3 7 . equal to 3 H *(, on the pref. slock,
mile Tor additional mileage: no new stoek had been Issued to March 1007.
sec V . 36. p. a 1 2 ) . Bud after 1887 any net earnings over 8 % on prof, stock
For year ending June .to louo, gross, *373.330 ; m u, *111,1,671; toiol do
to be paid on c o m ,. but not exceeding 2 % a year, Common slock , *4,13,1.12.
Err*., J. p. Williams; See
FORT W ORTH A DEN VER C IT V R V .— (.Sec U u p O I . .Sod— Ft. W orth. rtllftlorx, *82,3X1; balance, surplus, *1 1 .2 8 7 .
and T ress.. J. (). Match. Office, .savannah, (,‘n. -<V. 8 .1 . p. 213.)
T e x ., to IVxiine. 434 miles. Owns securities of Ft. W . A Dim, Term. Ry.
g e o r g ! a A FI.GRI DA R V.-—'Projected from Augusta, G a., to Madison
S T O C K . A c .—Colorado A Southern liy owns nil hut *328.02,1 of the
Pin.. 40 miles from the G ulf of Mexico, with brauohei. Including one to
*3,8.1.1,008 common uoied ami all but *172.472 of the stamped stock, and
Savannah, of which *Ju miles com pleted, 100 miles connecting dues being
In 11)113 Included road bitt.iim inclalplnn, Pref. «tk .''«ta m p e d ", V .0 3 . p. 1063
under eoustruetlnn; total to he 330 miles. A further extension to deep wa­
D IV I D E N D S .— On preferred. 2 % ' 1)8 ; ’0 0 . S i t ; 10 0 2 , 1 % Anrll 1003.
ter on Gulf of Mexico was tinder consideration. A consolidation In Aug. '07
1004. 1003 anil 1007, 4 % each from surplus earnings of previous years.
ot the Douglas August* A Gulf. Milieu A Southwestern and other roads,
B O N D S .— Finances readjusted In 1803. Plan V . 63. p. 75.
73,
Abstract acquired hy a syndicate organised bv Mlddendorf, Williams A Co.nod InV. 4 a , p. 440
Equipment trust
V . 82.
o f .......
n t eertlOeatea o
off 1006.
I.
te rn a t.T r. Co. of Maryland and John I.. w illiam s A Sons or Richmond. V a .
p. 1101; " i 1007. V. S4, p. 803. " iPullm
n ........................
. . .
an" equipment Ie.s u c h , .Including
V . 82, n. 1*11: V . 8... p .,143.
Had option on 4 5 % o l stock or Savannah
(m erest. June 30 1007. * 080,780 .
A Statesboro R y ,, .13 miles. Incl. 20 in. trackage. Capital Ration to ue:




RAILWAY STOCKS AND BONDS.
1008. ]
JA N ..




62

RAILWAY STOCKS AND BONDS.
R A IL R O A D S .
-

Pu r

e x p la n a t io n

u i c o l u m n f u n ill n o s , A c , »
on first p i t o e of t a b l e s .

see n o te s

r
r
c
.
•
r
.
Gottyaburg A Marrlthurg— South Mt flrat mortgage . .
Gettysburg A Harrisburg first mortgage old Issue. .
Consolidated mortgage 5505 000 gold (see te x t). .
Oils Valley Globe A Northern— lat M gold (text)
n
Glenvlllc A Kanawha— First niort 5600,000 gold
II
G o»hen A Dee her to wn — 1st A 2d M (860.000 are
)
Oouvcrncnr A Oswcgntchic— 1st M gold go n A L
0
Grand Rapids Gelding A Saginaw— 1st M (text)
d
Grand Rapid* A Indiana Ry— Stock 8 6 .0 0 0 .0 0 0 ..
•
•
•
I
Prairie Section M (Ser A) £ 2 ,1 0 0 ,0 0 0 )guar p A 1
Mountain Sec M (Ser B) £ 2 ,0 0 0 ,0 0 0 ) by Grand
Luke Sup Division 1st M 8 1 .550.000.1
Trunk.
Debenture stork 525,000 ,000 redeem at 105 after 6
Grand Trunk Ry— Consolidated stock £23.318 ,300 .
4 % guaranteed stock non cumulative jCi o .ooo.oqo . First preference 5 % stock £ 3 ,4 2 0 ,0 0 0 ............ ........... .
Second preference stock £ 2 ,5 3 0 ,0 0 0 ........................
.
Tblrd preference i % stock £ 7 .1 0 8 .0 5 5 ............._
Debenture stock £ 4 ,2 7 0 ,5 7 5 ..............................................
Consolidated debenture stock (collnt trust) cu m ___
Second equipment M (subject to Mt M In trust) .c
Great Western perpetual debenture s to c k ..
c
Northern Hy third preference A A II bonds____ „ol1
Debenture stock 4 °;, perpetual £ 4 3 5 .8 0 0 ............ j
Midland of Canadri 1st 31 sectional £ 3 2 3 .0 0 0 ____ el I
Consolidated first mortgage £3.104,7(10______ of f
New Knelnntf Kiev i n M g , gu due Mn.nun > rly
QrurtcU Sou. ft Florida— Plrat pref stock
Second preferred 5 1 .084.000 5 % _ .............
Firm mortgage gold 54.ooo.ooo...............

Miles Date Size, or
A mount
of
nf
Par
Road. Bunds. Value. Outstanding
___ I860
. . *82*87
Text.
_. _
235 1805
392 1002
1002-6
. . . 11177
. . . 1882
33 1801
135 1804
30 1907
12 *88 *80
13 1892
28 1800
...
333 180]
333 1801
387 1806
1,700 1003
1,200 l uos
50» 1903
220 1903
...
...
1882
...
1881
. . . 73 *74
. . . *73 *74
3,512

187 1
187 1
I 860
836
Var.
’Uiun /1868
11881
433 / 1 878
11382
1901
1006

5 1.000 51,000,000
1 .000
500,000
100
684.000
100
1 .084 000
1 .000
3.801 000
2.000.000
1,000
371.000
1.000
1 .000
100.000
1 .000
230.000
215.000
1.000
1 .508.000
1 .000
1 ,000 Sec text.
500 &c
246.300
300.000
1 .000
260.000
1,000
5.7O1.70O
100
020,000
i .ooo
4 .455.000
1 .000
4.400.000
1.000
£10 0 Ac £ 3,200.000
£10 0 Ac £ 1 .6 4 6 .0 0 0
£ 1 0 0 Ac
See text.
£10 0 AC £1 358.000
£1.0 0 0 ,0 0 0
£100 £22.475.083
8,302 .2 0 0
£100
3,420.000
£100
£100
2 ,530,000
£100
7 168.035
£100
4,270.373
£100 13.234.772
373.000
£100
2.723.080
£100
14.600
347.090
£I0U
426.200
1.016.5(10
£100
340,000
1 ,000.
l.OOO 000
5 A £

common -nock. JlS .ooo , and non-cum. pref., sio.o n o,p er mllti
After 4°T
on pref., common Is to be entitled to 4 % , then pref. to 2 % additional* then
common to all other earnings.
Bonds to be limited to 5 (2 .0 0 0 000 a t’ s*,0 •
000 per m ., of which 86.000.000 reported In July 1007 as underwritten
V . 8 3 . p. 221. 630. Pres., John Skelton Williams; Sec., G. T . Williams"
Treas., F. IN Netting; Gen. M gr.. Cecil O abbett.— (V. 85, p, 221, 315, 0 30 .)
Q liO RG l A M ID L A N D R V .— Owns road from Columbus to MeDunomrh.
O a .. 'J8 miles.
Leaded from July 1 1800, for 00 years to the Southern
Hallway Co, for 540,600 annual rental (being Interest on the ilrst mortgage
bonds, A c .» ami 82,30n for Columbus terminal property. Stock Is si o'oo 0 0 0 . owned by Southern Hallway C o.— (V . 63. p. 361: V. 82, p. 7 5 i.)
G EO RG IA KK — Name for lines leased from U K . & Hanking Co.
GEORGIA RR A H AN K IN G CO.— Owns rrotn Augusta, O a.. to Atlanta.
G a .. 171 m .: branches to Washington ami Athens. 58 m .; Macon A Auvusia
R R . (proprietary road). CamaU. G a ., to Macon. O a., 74 in.; trackage, 4 m..
total, 3 0 / in. Own* also one-half the slock of the Western U y. of Ala (tlui
Central of Georgia Ry owning tlio other half); al.so a 4 7 % I m m -a In (lie
A ll. A West Point (which see),
Lease . — In 1881 roads leased for 00 years lo W . M , W adley ct at for the
Cent, of Oa, ami the Lou. A N osh.. at 80U0.000 per year, hut In April 18U0
the Loulsv. A Nash, was held to have acquired all rights under (be lease;
Atlantic Coast Co. July 1800 acquired half Interest.
V. 68, p. 7 2 2 ; V, 00 ,
p, 3 85. 501; V . 7 0 . p. 125. T o * decisions. V .. 8
3, p
p. 160, 1330. Car trusts,
85.
5138.001.
In N ov. 1007 authority was Obtained to
to Issue 81,000,000 deben
Hire bonds to _______
refund the
6 * due Jan.I .........
1 1 0 1 0■. IVb
.L
Kft,________
p. 1330
___________
Dec.
..................
31 I80
02------------------------the banking department
*----------------- was
— ..........r
turnedJ over to “ Georgia
Railroad B ank,’ * a majority (5103,200) of whose stock Is owned.
D IV I D E N D S .—
I *81
*82
*83 to *87
*88
*80 to Jan 1008
Since 1880. % ) 0 Vi
lO ti
lu yearly
104$
11 yearly
E A R N IN G S (607 miles).
(1007 .......... Gross, 5 1 .345,248; net. 5262 723
July 1 to N ov. 3 0 , fl m onths.) liitlft
...G r o s s . 1,270,102; net
315 124
Railroad earning* for yea*- ending June 3o too7. gross, S3 .0 16 .0 .8* not.
5472.784: «ltv. received, 57.777; rental to Ga. UR A R. , 0tt T6OU.O0O*
Macon terminal . 524.365; other paym ents. SI8.83J; balance, deficit.
5102.856. -(V . 82. p. 333; V, 85. p. 160, 1330.)
' UUUU'
G EORGIA SO U TH ERN * FLO R ID A R V .— (See M a p o f Southern flu ) —
Owns from M acon. <Ja.. to Palatka, F la., 285 miles; on N ov. 1 1002 nur*
Chased A tl. V'. .V W . U y ., Valdosta. G a .. to Jacksonville, F|n 107 milestrackage Into Jacksonville. 3 m t o t a l , 305 miles. Also owns one rliruth
Of stock of Jacksonville Terminal Co. V . 77. p. 626.
H I S T O R Y .— A reorganization of the Georgia S. A F . Railroad. sold In
forecloaure April 2 1805.
(Per plan In V . 6 0 , u. 028; see also V . 50. r> 6 5 1 .)
Macon A Birmingham U v ., I.n Grange to Sorkec, G a ., 07 in ,. t» owned l»v
same Interests, but operated Independently.
V. 78, p. 702.
in Oct 1903
An Interest In the stock of the HawUlnsvIlle A Florida Southern R y .. W orth
l o HawklnsvJllo, G a ., 44 in., was purchased. 5310.000 Urn mortgage 6% ,
bonds being guaranteed, prln. and Interest.
V. 70. p.
.
D IV ID E N D S . - O n 1st pref.. ‘0 6 . 1 % ; *1)7 to N ov. 1007. 6 % yearly On
-ii’ pri'f.,
In '97
..............
- 2 % ; *08, 3 % : 'OO. 3 % ; m o o to May w on , 1 % yearly: ‘N ov.
10 0 0 , 2 w r ,i 11107 3';!. (M A N ), C om m onstock h> l2.rmo.iimi.
B O N D S .— P in t niort. ol IKU3 (AbMraijt, V . n i. p. tin ) provhlM that the
JOs l.ono UI prrf. ,tnrk shall bo 0 lion second only to the bonds anil i imnnns.
The 1st consol, is o f 11102 are for the authorized am ount nf Jio.m m mm.
o f which J t.004 ,0 0 0 are Issuable to retire the t l.nuo.ouu 5s ami 1084.noo 1st
pref. stork, ami S3 310,000 are reserved for future neeils
V. 73. o nan
L A T E S T EAltiVU IGS
M 0 0 7 .................Oross, JH0II.7M: net. 1 1 3 2 1 1 2
8 m a s., Jilly I in N ov. . l i i .l n m ,
. .
(irons, 808,0.37: net. I l l 1112
A N N Q A I. R E P O R T . -Plsenl year ends dune JO. Iteporl Tor 1uni ml
was In V .a .i.p , 1003. lo 1 9 0 0 -7 ,cross, J 2 ,2 7 3,810 ; net, J 80 8.I88; oili, r In
com e. JIB,880; Interest on bonds, A c.. 52110.440; dlv. on stock. S ss.lO if
b al.. sur.. 520,873.
Pres. \V. W Plnloy, N. Y . — (V . 8 3 . p. 1082.)
BETTYSM UKB A It ARK IS BUR f I R Y .— Carlisle to OettysDQr*. P a .. 31
m .: branch to Round T o p , P a ., .3 m . The Reading Co. owns 534 5 .am) of
the 5000,0110 capital stock, 13.3.3.0U0 of which depoeUed as part security for
Its iten. mort. of taoo. Tlio consol. 3s of 18 111 were Kiinrautecd by Plilladclphta A Reading R R . (foreclosed com pany).
a n .A v a l l e y d i . o b b & n o r h i e k n k y .— nowlo. A rU .. to Ololie
oloiio
123 m ill*. Stock. 22.OUO.OOU. of which Southern P a d lie On. » WM, , i nn7 ..
-------Par. Jioo.
.u u u p
per
■ OO. V. 7 1. -p. I.llt.
JI00. The bonds,
bonila. limited
IlniUed to jia
Slfl.oou
orm lfe
(Jl,3i)8,m m outatAnillrik), arc ituarantced, principal am! Interest, liv South«rn Pacino Co.
v . ou, p. 27; vnaranty In V . 08 p. 232.
D I V I D E N D S .— 1 0 0 1 .4 “;,; 11102, Jan.. 4
In 1 9 0 4 -0 3 , 2 0 % ; since (71 " i
R E P O R T .— In 190.3 no. ltross, 5903.339: net. 5227 3111; deductions.
5 87,001 ; hnl.. iu r .. 5130.0911,— (V . 7 0 , p M od.)
1
'
O L E N Y ll.l.E & K A N A W H A RR. - T o extend from C lenvllleto Weston
W . V a .. 30 miles
Stock authorised, 58 0 ,000 ; outstanding, 524 nnu' n it''
550.
In 1907 made a morjcairc to secure 50UU.UOU Immls. President'
L loyd Rinehart, W eston, W . V a .— (V . 84, p, 570.)
esiuoni.
IIOU VCR NEUR & o s W 0 BATCH IE R R .— Owns from Oonverneur to
Edwards. N . Y . . 13 miles. Stock. 5,530,000. all owned by N. y cen t —
whleh yuarantces the bonds. See V . S3, p. 810 and V . # 8 , p. # 0 1 .
'
B R A N D R A P ID S H E L D IN ll A S A O IN A W R R — Preepori to Bcldlmr
M ich., 28 miles.
Mitre. Is for 4200,000 on 28 miles anil Jif.nuo Drr nt
new construction.
I.casrd for 3u years from Jan, I IOOU to per,. vr„r„ ViII
(which owns the capital stock), rental envcrlnc Interest, - ( V . 7n p 3 0 1 ‘
B R A N D R A P ID S & IN D IA N A R Y . -(.See M a p so f /Vnn<|/f».inlVftM ) —
Owns from Fort W ayn e. I m l., to Mackinaw C ity. 307 rn.; hranchcs. 00 m •
total owned. 422 miles; operates the fnllowlmr roads, hut has not aasumrii
the old company s tenses thereor; Olri. Richmond A Ft. W ayne lilt so m •
Traverse City Itlt
«u ii\c stock »and
n,\ .11
.ownn
Jn.v
U H . fna.rit.
(nearly nil
nil »h*
tho in........1
Income bOnda ow
h
26 in.; MwnUrgon___
_
ton Grand
Rapids A rndlann R R ., 57 rn.; Irnckal^ 7 m
Traverse City I^clanau
I.eehiriau A ManUtlqUe H R ., Traverse Cltv to .\'iirAimirf
Micb.
mllia;1: ace V. 74. p. 777 V. 70, p. .31 t; V. 8 2 . p. 088. Ill|)8 ° " UP
. . . . . . . . . . . — Successor Amr, I 1890 of (Irani! Rapids A Indiana IlnU,,„ul
forecliweil under second m ice, per plan lu V . 0.3, n. 15.3,
n /ta oilil
S T O C K .— Stock. 50,1)00,000. of which Pennsylvania Interests arc stmor ni,,ul>'
Penn. Co. on Jan. I 1II07 owned 52.0u’ floo
D I V I D E N D S .— 1000, 1 %: Him , 2 %; 1902 to O ct. 1907, 3 % (yearly)
-




2535

I VOL. l.XXX VI.

IN TE R E S T OR D IV ID E N D S .
Rate
%

When
Pa gable.

Where Payable, amt bp
Whom.

Hon if9 — P rin ci­
pal, When D u e.
Slocks—Last
Dividend.

6
A
J
j \A m . Exchange N ut.B k.i Jan 1 1010
n a r. J
A
j /N ew York or Augusta 1 .Inn 1 1022
5 in 1007 M A N M T * D Ci). Unit: it; N V Nov 15*07 2 R %
5 In 1907 M A N
do
do
NOV 15 07 2 H 74
5 g
.1
A
do
On
•I
July l 1045
4 g
A
do
do
J
.1
July I 1052
M A S Blair A Co. New York
4 b
Mar '08-Sep '12
A A O Hemline Termlniil. Plain April 1 1808
S
6
A A o
do
do
Oct 1 1012
5
\ A (I
do
do
Oct I 1020
3 g
M A N So PneCo. 120 B ’ w ay.N Y Nov I 10 2 1
A A O Internnt T r Co. Boston
5 g
April I 1037
6
Vnrlous N Bk Or Co. Goshen. N Y 1028-1020
3 g
A J) Grand Cent Station. N V June 1 1042
J
M A S International Tr Co. Host Mar l 1U24
9 K
3 In IIIU7 A A O Office Grand Rap, Alleh Oct 25*07 1 U %
A
J,W inslow .Lnn * Co. N Y July i in li
» K KiJ
A
July | 1041
J
do
do
■IH it J
A A o Philadelphia. Pa.
Oct I 1036
4g
3 5 or £ J
A
J Bank of Mont. Loud A N Y Jan 1 1062
4
A A () 1Co's Offlre, London, or) April 1 1035
4
A A o > Bank of Montreal, ) April 1 1055
•I
A A o
New York
1 April 1 1U55
4
s ) N Broad S t. Ixmdon EC Perpetual
M A
None ever paid
4 In 1907 A A ci ulicclc from Co’s OIHcc Oct .5 1007 2 %
5 for '(O'. A A o
Oct : 5*07 2 4 %
3 for *00 A A o
Oct '5*07 2 4 %
do
do
See text. Yearly
Apr 26 *07 3 $ ;
do
do
3
J A J 14
Irrodecmablo
4
IrrcdiM-irmbln
Q— J
6
.1 A
July 1 1010
J
5
F A A Glyn, Mill.*. Currie A Irredeemable
6
A A O
Irredeemable
Co. London
4
F A A
Irredeemable
5
M A N
May 1 1U08
3
J
A
.1
Jan
I 1012
3*i KJ
A
Jl
Inly 1008-1011
4
A A o Montreal or London
April I 1036

BO N D S.-—The lat rntge. bond* extended at 4 H
arc endorsed with the
guaranty of the Fenn. R R . Co. to purchase the coupons iw tie y mature, and
the bond Itself at maturity. They' have no Hen on laud grant. Sec guar­
an ty, V . 6 6 , n 640; V. 6 0 . n. 1 103. O f the sccomR * 8 8 8 .did) wore owned
Jan. I 1007 by Pennsylvania RR.
R E P O R T .— Report for luno wa.i In V . 8 1 , p. 1050,
In 1P06 carrleil
2 ,0 6 1 .4 2 0 tnnio< freight, of which 4 2 % Wn* lumber. d e ..a lid M % eonl.
Year cniJino Dec. Z\
looo.
1900
10 0 1
1008.
Miles operated____ ______
424
421
415
430
Gro-W Income. ......................
. no. n
53,60*V.641> 5 3.302.3 17 53,4(11,654
N et over exp. ft tnxei__
782,004
608.830
621,869
608 ,8 3 3
Interest chaigrs (or 1006. 5406 .46 1; other deiliietlonn 380,171: dividends
( 3 % ) . 5173 7 30; bahuirn, SUrphlO. 8 1 1 2 ,4 3 2 .- (V . 34. \t. 1050.)

53 0 6 5

G R A N D TR U N K PACIFIC R V .— (See M ap,) — Thin new trant-COnll*
uental railway octom Canada ha.x received the apjjrovnl of the Canadian
Governm ent, and will be carried through with the Joint Dnatielal support
of the Govern meat am ! the Grand Trunk Co, H y. of Cnn.idn.
It will
coijsl.it of a main line of an estimated leugtli of about 3,aoo miles from
Moneton, n » w Brunswick, to P rim e R upert. B .C ..0 1 1 the Poellle Ocean,
about 25 miles south of Port Simpson, It. t.\, with branch, 100 mllea. via.
1. Leased Line, to he tluUt Ou Canudtutl (Jotvrnmvnt M iles.
Eastern D lv.. Moncton, N .B , . via Quebec to W innipeg, about.
1,800
(T o be leased for 00 years to Grand Trunk Par. R y. C o.— for first
7 year:* at cost of operating only and for remaining 13 years at
... . ™ ^ n. e.0?,t of boniuruetlon. but subject to V. 8(),i». 0 0 7 .)

2. western Division, to he Put It and Owned bv Companu —
a. Prairie Section, Winnipeg to Rocky Mountains, abo u t................. 1,000
b. Mountain Division, Kooky Mountains to Pacific Ocean, a b o u t .. 743
3 . Lake Superior IIranch, to he Built and owned bp Compnnp—
l

bunder Bay on Lake Superior to Junction with Eastern Division
east of Winnipeg (to be com pie tod In October 1008 ).................. 100

Total of all. not Including sundry proposed branches .
. .3 ,7 4 4
Of the Prairie Section. Winnipeg to Edm onton, 700 miles. I* expected to
be completed in m um .
From Iwtko Superior J et. to W innipeg. 245 inllex.
Is unucf construction and contracts have been let on other portions of tho
road to be built by the Government. V . 8 4 , p. 1052.
O R G A N IZ A T IO N ,— Incorporated by Canadian Legislature In 1 0 0 3 .
See lull statem ent In V . 80 , n, 006 ; V , 8 1 , p. m m .
in luuu application wax
granted to Incorporate the Grand Trunk I’ncinc Branch l.lm - <’« . to build
branch lines and to guarantee bonds to be Issued thereby.
V. 8 2 . p 333.
. . ST O C lC ^-A uth O filcd* 543.ono.000 (par of shares. 5100 each) of which
tho 5*»>,000,()Q0 common will Ik? owned by the Grand Trunk Ry.
B O N D S .— On condition that the Grand Trunk R y . Co. of Canada guar­
antee 2d mtge. bonds to provide tho balance for the construction ot tho
Western Dlvldon of the line, the Canadian Government undertakes to guar­
antee 1st mtge. bonds bearing Interest nt 3 % for an amount up to 7 5 % of
the cost of construction of that division, s u c h amount ta) In the case ot the
Prairie Section not to exceed 513,000 per mile, or £ 3 .2 1 0 ,0 0 0 In all, and
(0) three-quartern of whatever the cost per mile may be from the mountains
to I’a e .C o a it.called Mountain Section. (V .8n , p. 0 06 . 1231; 1363; V ,8 1 .p. 6 1 ft)
Series **A“ (Pralrto Section) bonds, total Issue limited to £ 2 .1 0 0 ,0 0 0 . and
Series *‘ H " (Mountain Section) bonds, not to exceed i!2,050,uuo. are se­
cured by a 2d mtge. (National Trust CO.. Toronto, truifrcj on the railway,
equipment and tolls of the C o., Including Its leasehold Interest In the Pantem
Division, but not branch lines exceeding 6 miles In length, ships, grants of
land* (other than for railway purposes) and the rolling stock of the F ast.D lv.
or of the above-mentioned branch lilies of over 6 rnlles, The*c bonds arc
unconditionally guaranteed oa to principal atul Interest by endorsement on
each by the Grand Trunk Ry, Go. See form lu V . 8 0 . p. 000.
Although the mortgage lo secure the 3 % bonds guaranteed by the Govern­
ment will rank before the mort. to secure the bonds guaranteed by tho Grand
Trunk Ry. of Canada, yet an agreement schedule lo an Act of |0 ()-t provides
III effect that. In the event of default by the company for 3 years In pay­
ment of the Int. on the 3 % bonds, the remedy of the Government shall bo to
put In a manager lo operate the Western Dlv. ami lo collect and distribute
net earnings pari passu between the holders of the bonds guaranteed by the
Government and the holders of tlio bonds guaranteed by the Grand Trunk
R y. C.o. In the proportion of 7 5 % of such earnings to the holder* of th«
Government bonds and 2 5 % to tlm holders of the bonds of this division
guaranteed by the Grand Trunk R y. Co.
The mortgage deed to secure the ser, A and ser. B bonds will provide that
separate account* shall be kept of the tolls, earnings. Incomes, rents and
prom* of tho Prairie Section ami the Mountain Section, and that In tho
event of the trustee exerrUlng the right of entry or sale thereby given In case
of default by the co ., the moneys arising from each particular section and
available for the purpose shall, subject to the payment of the working
expenditure of the section, bo applied first lu payment of any Interest or
principal due on the bond* Issued In respect of such section.
l
ake Superior branch bonds, total Issue limited to £ 1 .5 5 0 .0 0 0 , are to bo
secured by a first mortgage on all the 220 -mlle Lako Superior Dlv. and are
guaranteed prln. and Int. by Grand Trunk Ry. Co.
(V . at), p. pyo.)
D E B E N T U R E ST O C K .
In 10 0 6 , 520.000.000 debenture Ntneg was au­
thorized. o f Which 5t5.O0O.OOi) (£3,000,000) Interest guaranteed bv the
Grand Trunk Ry. under certain conditions (see V. 8 4 . p. 370), to be Issued
na perpetual debenture stock; of this. £ 1 .0 0 0 .0 0 0 was sold In peb iqi»7
V. 82. p. 3 68, 110J; V . 8 3 . p. 135. 060; V . 8 4 . p. 1050.
*
G E N E R A L PfNANCIES. — In Feb 1005 Speyer Bros. |n London A o .
offered at 0 0 4 £3.0 0 4 ,0 0 0 4 % (2d) mortgage sterling bonds due 1055 v Ib
£ 1.646.000 ser. A (Prairie Section) bonds and £1,358.00(1 lwike Superior
branch bond*, all guar, by the Grand Trunk R y. Co,
(See V . 80. n non.)
In Mch. 1003 N. M. Rothschild A Sona offered at 05 £ 3 .2 0 0 .0 0 0 IrtVmiite
flovt. (V . All, n. 11',3-1, 1.3t„v V t t l.p . 507)
ill I l( h)th. - T’ n.i. clinrli's M. H «y». Moniri'nl, (’.in,: s,,n, iioiirr
Ptimip-i; Trivis , F rnnkScott.— (V . AS. p. 159. V S I , p. 0 7 0 ,1 0 5 1 .)
(IRA NI) TR U N K It Y. OF C A N A D A .— ISer .M an,)— Q ucIi m . o .l i
vl»
UunUr.nl, to (,'tilo,, II).. al.io to PurtlAtul. Hu flail,, Dntrolt, Toledo, Ac,

J \ n . , Jf>08. |

K A lU iO A D S .

1st M I1.V000.0U0 Int if liar cold S (cur) A £ .
2d M income cold $1,500,000 redeem (text)
(treat Northern— Stock 5210 0 0 0 ,0 0 0 ................. -

65
326.5
325.5
)

Dakota Extension first mortgage co ld -----Consol
M
for) (now 1st M on lands) gold^-Cci 1
$ 50,000 ,000
J
r
r
r
do
do
do
.......... ....re g is te r '
Minn Un R y 1st M gold assu m ed...................... Ce.c' •
do
do
do
-------. ................... r
r
r
Mont Cent 1st M r ($0,000,000 ore On) bsh . .
r
WUimar A S toux Kails 1 st M g annum (end). C<
Min neap W est M S I,0 00,000 tr m s (V . 0 0 . p . , . . .
Spokane Falls A Northern 1st M cold assum ed-Ala.c •
(It Nor Py of Can— See Canadian Northern Q uc. Hy.
Orocn liny Sc Western RR — Stock (see te x t)............ •
Debentures Class A Incomes text non-em u............ c
Clots B Incomes, after ft To on stock non o u m ..c '•
Ores tie RR (N Yl — Stork
r
1

Oulf Beaumont A K C— Sec Atchison ropcira A
Gulf B & a t Nor gold p A I guar end (te x t).,
(luir Line— First mortgage *2**i® 0®
,
nuir & ship Is and— Stock $0,000,000 authorize
First refund A terminal M gold sink fun d------ N
rti.if T « , « . M..MU - I s' M S7UO,nOOg gu (te x t)----H a n c o c k A C a l u m e t -See Mineral Range R R .
a $11,502 000 additional picugeu it
<1 Subject to nail after April 1028.

IN T E R E S T OR D IV ID E N D S .

Dole
ol
Of
Hoad. Bonds.

For explanation of column headings. A e .t see notes
on first page of tables.

SYSTEM PR O PER.
Mites.
Linos ow ned. .
- ------------ 2.051
Leased — parity ownet.
Atlantic A St. Lawrence, Port­
land.M o., to Inland I'ond, V t. 105
Buffalo A I.nkc Huron
..........
104
53
Gtncln. Sag. A M ackinaw *____
Other lines . . .
............... 202

___
524
1.221
2.655
2.655
420
818
...
3
3
72

209
260

205

132

1

Amount
Outstanding

300 Ac
Clou
000

JSM.UOO
14,437.000
1,500,000
Sue te x t.
1.495,720*11
6 , 23ft .000
4.812.000
13.344.000
2 ’ 250 000
ttio . r ft .000
b£4 nm.1.000
j 10761.1000

100

None
l.Ov 0
1 .OUO
1 .000
l .000

1870
I860
1883
1883
1887
1890
1901
1001
1882
188 2
1888
1898
1887
1888
1891
1880

1.0 0 0

£1110 A c
$1,000 AC
1,000 Ac
1.000
l .000
1,000 Ac
1,000 Ac
1,000 Ac
1.000
1 .000
1.000
ion
1 ,000

iib o
1895
21

...

;t Fc
c
77
r

1880
1900
1900

Par

280

____

1,0 0 0
100
1 .000
1.000

1901
1809
1000
1007

1,000

ioo

1902
1907

200.000
500,000
12.282,000

Bonds — /Ylncipal. IFftffi Due
Stocks— Last
DleldrmS.

6
A
J
J N at Bk o f Commerce, N Y Jan 1 1010
A
J
< c
J Hank Montreal. Lon AN ^ July 1 1030
Up to 4 %
July
4 % paid 1906-100 7
July 1 1050
O — F Office. 32 Nassau St. N Y Ft b 1 ‘Ur. 1 : t %
Sec text.
Sec text See text.
do
do
Sept in ‘ ti? i t
A O New York and London Oct 1 1009
6 g
M A N 32 Nassau S t. New York Nov 1 1010
6 g
A
J
do
h do
Gg
J
July 1 1033
A
J
do
do
July 1 1933
KJ
A I)
do
do
June 1 1037
4 g
j
A
.1 N Y A Lend. Raring Tiro* J >ily 1 1040
4g
J
A
J New York. etc.
J 4 1.
July 1 1921
■» x—
J
do
do
1 4T
July 1 1921
A
J 32 Nassau S t, New York July 1 1022
J
6 g
A
.1
do
do
July 1 1922
5 g
A O 3* N a-irau.N YjLee.H .Bo April ! molt
A
3 g
do
do
4 g
A A O
11)28—1048
J 32 Nassau S t. New York July 1 1937
ft A 6 g J
do
do
A D
June 1 1038
J
ft e
3 g
1 N Y A Loud, narlfig Bros July l lU ll
A
J
J Chase National Uk. N Y July l 1039
6
A
J

2,500.000 5 Feb *07
600.000 5 Feb ’0 7

7 .000.000

Where Payable, and by
Whom.

6
4 r

0 g

j

J
J

781.000
ft if J
ft g
<0
6, 000.000 See text.
5 K
4 It

Office. 40 W all S t. N Y Feb 1 100 2 5 4$
do
do
Fob 1 1007 3 %

Feb
Feb

J
J

A
A
A

D D L A W Off. 26 Kxcll PI Dec
J Standard Trust Co. N Y Jtxn
J
See text.
Jan

A
0 — .1

A
A

J!

19 *07 ft %
1 1024
2 1032

Nassau S t. New York July 1 1030
1937
Jan
1908
1%
Feb 1 1952
Jan 1 1037

Buftalo, N V
J Fisk A Robinson, N Y
Ji
New York

b £ 2 ,0 0 0 000 additional held by Gr rat Northern

sto ck o w n e d .

M iles.
531
330

Detroit Grand Haven A M U * ..
T o l. Sag. A M u sk e g o n ...............

180
00

Entire stock owned.
J o i n t It/ o w n e d .

Detroit A Toledo Shore Line___

N et e a rn in g s......................................... - £1.8 8 0 . ,210
T otal net Income-------- -- -------------------£ 2 ,10 0 »03
,2u5
R entals.............................................................
In tercet on bonds and deb. stock-----1. 70. ,023
Advances to controlled roads.................
■,537
Dividend on guaranteed stock ............... (4)312. ill
Do
o n 1st preferred s t o c k ........... (5 170. 812
Do
on 2d preferred stock............. (3)123. ,120
• * preferred
* — * stock.
* - k ............. (3)214, ,030
Do
on 3<1

When
Payable.

Of 189 a rema In outsta ndlng.
1 ney,

Central V erm ont*.......... ................
Grand Trunk W estern*________

ft ft

Hate
%

0 n bon da.

REPORTED SE PA R A TE LY ,

M ajority

2,130.000
630,000
4.700.000
dft.000.0on
1 0 . 000.000
3.046.000
500.000
232,000

1,000 Ac <14,084,000
\,000]
600,000

70

Total In earnings—
- ........... 3,535
Total r o a d ............................. — 4,766
Car ferry. Grand Haven to Milwaukee. *Se« separate statement this Co.
As to Grand Trunk Paclflo R y ., see that company above. V'. 70. i>. 2537.
The company on Sept. 30 1005 began operating Canada Atlantic R y . and
gU »r.. prln. and Int., ft* 4'*:, bind s. Am algam ation with the Grand Trunk
Indefinitely p mtp iu d.
V . 7 0 . p .9 6 7 . 1331. l u l l . 2455. 2020; V.h&.p.OUO,
S T O C K . A 0 .— The authorized capital Oil June 30 1007 was £ 1 0 .4 3 5 .3 3 1
Stock (£ 4 3 ,0 8 5 .2 4 0 lamed and £2.45 ),I21 unissued); advances from the
Canadian G ovt. In aid of construction amount to £ 3 .1 1 1 .5 0 0 ,
Perpetual
consol. \"I, deb. fttoek authorized by Act of 1382. and later Acts has been
i vuu d from time t<» ilmti to acquire wcurithw of companies cunuolldatcd and
controlled. amounting Juno 3(1 1007 to £ 8 .5 8 0 .3 8 8 . and bearing an annual
Interest of r jH .a o a .
V . 71, (». 84.
Gtinr stork, £730 ,0 0 0 , wiut subscribed
In 11)113 and £ 3 0 0 ,0 0 0 In 10<M; V. 78. p. 1002.
In 1005 £1 ,000.009 was
offered
V . *•» p. 5 1).1! . In F«l». 1005 (t was proposed to apply for authority
to guarantee Toronto Union Station Co. bonds,
v . 82, p. 4 02. Montreal
Warehousing guarant
‘ *
*“ *
"
m"
For '08. '09. '00. •01, *02. '0,1. *01. 'Oft. '06.
D IV ID E N D S —
•*' *>
4
4
4
4
4
4
4
1
Guaranteed 4 -4 stock
ft
ft
ft
5
a
First preferred............
ft
5
1
5
ft
5
3M 3
Second preferred. — . . . ---------- %
0
0
2
3
0
1 2
1*
Third preferred
preferred. sec V . 8ft, >. 405.
As to dividends on
1007____ .Gross, $1 S.366,959 ; net. $1,476,693
E A R N I N G S .—5 ft-------- -------------.1I l l y I (O Nov. 30.
11005
____ Gross, 14.500.472: net. 4,430.151
Fur 5 months ending June 30 1007. gross. £ 3 ,3 8 1 .2 0 0 ; net, £ 8 0 4 ,7 1 0 .
Against £830 .80 0 In llKlfl; net charges. £ 480 ,52 7; f t d u m w . £ 0 8 ,770; dlv.
(2 % ) ori guar, stock. £155,278; on first prof, stock ( Z M % ) . £ 85,420 : on
second prvf. ( 2 R % ) . £53 .2 1 0 ; adding £ 1 3 ,2 3 1 on hand Dec. 31 1005,
leaves balance to carry forward June 30 1007. £14,540 .
R E P O R T .— statem ent for 1905 was In V . 8 4 , p. 1040,
Y ea n endin'] P ec. 3 1 —
1905.
i0()5.
1004.
Gross earnings.............................................. £ 6 . 0 o 6 .ft 8 £ 5 .0 1 8 .0 0 1 £ 5 .3 8 0 ,1 8 0
4,259,153
Transportation expenses.......... .............. 4,745,318
4,230,153
4.100.550

ft ft

£ 1 ,7 1 8 ,8 4 8 £1,5 8 8 .4 7 0
£ 1 ,9 5 1 .2 3 2 £ 1 ,7 8 7 ,2 3 2
155.200
155,205
1,070.505
1.071,1 H
1.807
11.070
(4 )
273.353
(4 )
(5 )
170.842
(5 )
(5)125.420
<5)120,120
(2)143,203

Balance ................................................... * u r .c 8 ,7 ll
d c f.£ 2 ,l0 1
sur.C3.920
OFFICERS*.— pres., Sir C. Rivers W ilson, London; 2d V .-P . and Gen.
M gr.. OttM. M. H ays.— (V . 84. p. 1019; V . 85. p. 105. 453. 500.)
G RA ND T R U N K W 8S T B R N R Y .— {See M ap (3rand Trunk fly . ) — Owns
from Port Huron. Mich, to Chic. A W est. Ind. R R .. 330 m ., and trackage
Chic. A W eal. Ind ., ft m .: total. 335 m . Stock, $5,000 ,0 0 0 . all owned by
Or Trunk. Successor (V . 59, p. 934; V .7 I . p.28) of 0 o l. A G r . T r. foreclosed.
B O N D S .— The Grand Trunk unconditionally guarantees the Interest on
the new 4s. Of the 4s. $353,000 are reserved for Northw. Gr. Trunk 5s.
The new Incomes are subject to call at 85 and any Int. then duo. within the
first 10 years. Int. on Incomes. I % paid on July coupons In 1002 to 1005.
In d .; 4 % In Hum and 1007. V . 83. p. 5*7
.Jointly with Toledo St. Louis
A Western guarantee* Detroit A Toledo Shore LUlC bonds
V . 75. p. 533.
E A R N IN G S .— 5 m ox.J 1 907 .................G r o s s , $2,857,828; net. $482,755
J u l y 1 to N ov. 30.
\ 100ft....................Gro«s. 2,5 1 0 ,7 1 7 ; net. 435.030
Year ending June 30 1007; G ro's, $5,002 ,2 6 0 ; net. S I.0 7 8.022 ; other
Income. $175 498; charges, $917,7 11; 1 % on Incomes. $50,000 ; renewal
funds. $177,830
Oil
$28,440.
\ 83, p . I 7.)
ORE AT NOR I HERN RY — (See Ata p s .) — Operates a line from St. Paul,
M inn., via Spokane. W a sh ., to Lowell, W ash, on the Pacflo const, with
coast line to Jv attic, and numciou*. branches In Minnesota, Nebraska, North
and South Dakota, Montana. Washington. Manitoba and British Columbia,
aggregating, June 30 1007, 5,498 miles.
H ues owned |rt fee.
M iles.
T i n ' i owned p» fee.
Mites
Duluth, M in n .. loL a iam lc, No.
St. Paul, M in n , to Lowell.
..
..
. . .............
325
• D a k ---------W a s h ..............................................l.*J 2
Seattle to Vancouver. . - - - —
L'O Pacino J et.. M ont., to B u t t e .. . 351
St. Paul, M inn., to Grand Forks
W lllm sr, Minn., to Yankton,
N o. Dak
..................
324
So. D a k ............................. - - - - - 205
Various branches............................ 2,039
Garret son. So. Dale., to StOOX
City, l a ., and O ’ Neill, N e b — 208
Total June 30 i» n 7 .....................5,408
Spokane. W ash., to Nelson,B.C *00
2d Ac. tracks A sidings................ 1,543
During 1905 07 377 m . of extensions were completed and 28 1 m . under
eon tir'i'-'lon. V . 85 p. 1275
Ax to Portland A Seattle R y .. 123 m . to be
built Jointly with N o. f a o .. o f which 11u m. operated Jan. lo o « .
V . 81. p.
UOO- V. 83, p. t i l l ; V. 83. p. 1273.
In April lOOfi Canadian linos were
proposed by allied Interest* from Winnipeg westward to Vancouver aggre
gating about 1.800 m .
V. 81. P « « 3 ; V. 82. p . 928. 1135. 1285.
O R G A N IZ A T IO N .* The xtockbolderv voted Oct. 10 tU07 to aCqUlro the
« t . Paul Minn. A M an., Eastern R y of Minnesota, and other road.* hereto
fore controlled• V . 8 5 , p. 5 0 0 ,1 1 0 9 ; V . 8 6 . p . 108.
L A N D S .— Sale* for year 1905 0 7 worn 2.322 acres for $21,829 and 49
town lota fbf $3,015. The nut am ount due on land contracts June 30 1907




«3

RAILWAY STOCKS AND RONDS.

was $357 ,71 2, lauds unsold. 818 .1 3 3 acres, to be reduced about 550.000
acres bv a final ad lust man t with U, S.
S T O C K .— In Oct 1905 the authorized stock was Inmiaxwd from $125,*
OOl),ouo to $130,000,000 and In Jan. 1»07 to $ 2 1 0 ,000 , 0 0 0 . OutMtamllng
J ill. 1908. $ i 4 9 .9 13 .0 0 0 . In O el. 1898 the stackIvldc-is surrendered the
right to Issue common stock, aJl stock being " o f a single class with unlfonn
rights and privileges ”
Stockholders in Jan. 1907 were offered the right to subscribe for $50,000.*
000 new stock pro rata at par, payable as follows: 1907— A p r., 9 40 % ; May 7,
5 % : June 7. ft uf.; Ju ly fi, ft % ; A u g. 7 , ft % : Sept. 0. 6 % ; O ct. 7, ft % ; N ov. 7
5 %: Dec. 6. 6 % .
io o 4 — Jon. 7. ft";,; Feb. 5 . ft% : Mch. 5. ftn.: Apr, 7,
ft % .
Proceeds w ill bo used for additional equipment, extendon*. to ncoolro
securities of subsidiary companies, A c. V. 83, p. 1459; V . M , t>. 7 4 9 , K<>3;
V . 8ft, p. 1273.
The Union Pacific System In July 1007 owned $0,030,400 stock. V . $3,
p. 1332 1322: V . 8 4 , p. 500.
O lV I D ’ DS, \'92 to *90 (inelui.) ’ 07. '0 8 . '90. '0 0 . '0 1 . 1002 to F e b .*08.
a t . N orth ./
5*0 yearly.
5R CM 7
7 7H 7 % yearly, Q«F.
Also In 1898 5 0 % In Seattlo A Mont, stock, which W U then exchanged
ror 4 0 % In G t. Nor, pref. V . 5 8 . p. 1044. 1188; V . 74. p. 829.
In M ay.
lu o l H % and In N ov. 1007 1 H % was paid from earnings of L ike Superior
Co.
V . 8 5 . p. 0 2 1 . 140ft. And la Dec. 1905, unit for m ill, 1,500,000 share*
of beneficial Interest In the Iron ore properties. See "G eneral Finance*.
B O N D S .— S t. P* Min. A Man. consol, mtge. of 1883 Is for $$QJ)no.000, of
which bonds arc reserved to pay prior liens.
It Is a first Hen on tho land
giant and on 570 m. of railway In Minn, and a second lien on the remaining
1.873 miles In Minn, and the D akotas, the prior liens on which average only
$5,000 per mile.
V . 5 4 . p. 5 18. V . 85. p . 158. M n vl W L i t . m ic e . I* for
$2n.fi0O.o(V‘ f r ^xl»*nsloh> nntl f r v * n d 'r u k .
Ab«tracl, V . 4ft. p. 342.
Pacific Extension m»gr. £5,0 0 0 .0 0 0 provides for bonds at £ 5 .ouo per
mile In Montana and £ 7 ,0 0 0 per mile west o f Montana; £ 3 ,0 0 0 ,0 0 0 of this
Issue (of which £tJ>0O.O JU sold) were released upon paym ent of collateral
trust bonds Sept. 1 1808. V 05. p. 1044. I IKK; V . 80. p. M i l . 1174.
See abttroct of mortgage. V . 52. p. 82.
In 1904 the (it. Northern and Nor. Pac. had acquired $10 7 .5 1 2.CO0 o f th*
Chicago Burl. A Quincy H R . $110,830,100 stork. In exchange for their
Joint 20-year 4 % gold bonds, secured by the deposit of the Mock In trust,
on basis of $200 In bonds for each $100 stork. .See circular, V 72, p. 8 71,
1 0 3 1. 113ft. and application to Hat V . 7 3 . p. 294. 9 03; V . 83, p. 500.
Eastern rtallicau of M innesota.— First mtge. covers toad, equipment, teriiiiuah and elevators.
The Northern D lv. $ 1 5,000 ,000 mtge of 1808 pro­
vides for extension built from Fosston, M inn., to the head of lake naviga­
tion at Duluth and also for future requirements. Including the rethemeut of
the $1,700,000 1st fts a t maturity.
They are redeemable at 10ft on three
months' notice after April i 1928. v 55. p. 471. Montana Central bond!
cover several roads. (See adv "Chronicle Dec. 12 1891.)
The Manitoba
guarantees t hese Issues, ami G t. N or. assumes guar. See gu ar.. V .7 4 . p.ftSO.
The U'lHmar A Sioux Falls bonds are endorsed with Joint and several
guar, of the Manitoba and G t. Nor. co mpanlee. Further Issues may hr mads
at $17,300 per mile for additional road . V . 55. p. 247.
255.532
Mlnnravolls Western first mtge. Is for $ 1 .0 0 0 ,0 0 0 . V . 5 0 , p. 835.
170.842
G E N E R A L FIN A NOES.— Total funded debt per mite of main track
(4,829 in.) In the hands of the public June 30 1907, $20,587. V . 8 5 , p. 1277.
TrntnlOad, 1005-07, 549 tons, ugalnst 530 In 1905-05
In Jan. 1007 shnreh ddera were < ffered right t^m ilsortbefer$50,000.000
Htock ii p*r, n tyaTiJe In Inst ilbnc* tx (•• April 1908. See STO C K il>t»V*v
In Oct. 1908 a contract was signed for a Icnw* of the ore lands to the U . S
Steel CorPi* to continue until the ore Is exhausted, unless the lcar.e Is termi­
nated on J<m. 1 1913 under the notion reserved to the Steel Corp., on n roy­
a lly baals of $1.55 per ton standard ore with 3.4 eta. per ton lntrca.se each yr.j
minimum tonnage to be mined, 730.000 ton* during 1007. with 730,000 In­
crease each year until 8,2ftOrQ 0 Is reached. The Iron ore properties were
transferred to Louis W , I till. James N llllla u d W alter J. HUlas trustees.the
............. lumber or
1,500,000 sharps of beneficial Interoat in the t>
share* of stock held being Issued Dec. 1004 to Great Northern atockhnlder*.
The profit* from the Iron properties, after first dcductln • the 800 per tou
payable to the Gt. NortD-ni Ry for carrying t»n* ore to the docks on Lake
Superior will be distributed along with any profits from other ore lease*
nt least ouro K Vcnr to the holders of the tru^f t-*rtI»Untes
V . 83.
p. 818, 950, 1228. 1290. V . 84. p. 5 33. 593. 719, 905.
Flr.it dlv. on ore
certs.. $1 pcrBharc. paid Sept 15 1 0 0 7 . V 8ft, p. 030.
E A R N IN G S . -J u ly 1 1907 to N ov. 30 19(17. ft m u * ,, $ 2 9,870 , 37, against
$25,580 ,385 In 1005.
A N N U A L R E P O R T . -Report for 1005 07 In V . 8 5 , j>. 1255. 127$. See
Also editorial, p. 1241,
(I) O P E R A T IO N S G R E A T N O R T H E R N S Y S T E M P R O P E R .
Year rndino J u wa SO—
lwu?.
1005.
1003.
Average mile* operated ------ -------3.9 8 2
5,905
3,75*1
Gross earning*
. . ........................... fftft.141.102 $51,275 ,280 $43,525,088
N et e a rn in g *________
2 0 .530.703
23.031,751
20.507.239
Per cent of cxpcniw* and tx xc*
52.77
33.87
52.75
(21 G R E A T N O R T H E R N INCOM E A C C O U N T .
Year ending June no—
19 0 7 .
fooo.
1903.
Net earning* S t . P. M. A M an............... $18,583 ,312 $ 2 1 ,3 2 0 /.Aft $18,815,731
395.088
397 .406
Interest on hond* owned.
392.227
998,079
Dividend* on no ck* owned
.
973.323
130.502
Rental* of leased lines
...............
123,824
110.831
2,708
Bills receivable.
...................
1.519
4 ,01,1
1.881.581
General Interest and other Income
$01,144
713,117
Total receipt*
---------Paid rental Si. P. M. A Man
Great Noithern dividends, 7
lutcruot on sterling loan
Tntcic*t on ntook »nb*cnpuoiia.
Renewal, A c ., f u n d * ...

Balance. BUTplur,

$23,752 ,970 $21,107,291
7,00ft $4,01
9 ,148,520
8,603,860
304,500
151.875
337,483
4 .034,976

5,130,911

3 ,000,000

................... . . .* $2,156,704

$5,184,568

$3,137,370

O AW SO N

RAILWAY STOCKS AND RONDS.

Y tv it

’{ ie i w l e t r

A E D M O N ^ ft

fcH U Rq w »tL

A s K A TCHEW Ajy;

£S18&A
l>/V»
utl

*A*x*tt>o
)V'^|

Z .JA 1W 0 6 U

„ Im

trunk

a n ’i t

TRUNK,

Ncpti/oi

P**cu»[OUM> mo«*u
“WKlSf

O ‘“* o ^ 5
J j ^WIL-UA

,R*MUR

&US»W*'

6* an;

M A P OF T H E

P R O JE C TE D RO UTE.

.WAUKCC
H IC A C C

l x x x v i

RAILWAY.

.

Vtrr »atcn
lu^NtOAN

o l

.




LONDO**

HUV

|V

GRAND TRUNK PACIFIC

ru

»»i
iborlJ<

'UnMK*«U»
■gg _ c*»l
* sS

Vj»ui<

j£Phl*l*r*
Han

cy.

raju* HiA>\

ow-iil

Giib 4 Fiitry^
U-Tiw A^T

Cr~t Ojm—f

^

U ttU

ita g

MMlIordj
y^On

IAUGUSTA
01*W«
:«nxi<i
rAUai

StUUol'

r*tiwi Ss>

Alia
XartJj V

■■-•. ■.*

losfa&h

JlanrlrS
•'•*-. •'

ilS^npWt
r«n ■
ri.rrr.lcW

r.U»*m«

‘ *

MI

o.

Trjjlffffl

Alyc«-< k:a
Vkooi

T.t^Afcwii

kj4«*r

oo**>

lad ItairJ

IMfv

rtWfwU
I "I"' 'S' j'
[MMm.I i
' '•■ ‘ ,Y l ' l". ■•'

Py»«

all.
MM

FImKIoi
(UWAJ

^•'r | M

jBM i

«n*»i

WMhlfj

Bl M

rU«a
i ■■ Oil
i«o«Jf»r.

M nsa

C*r1UI
rim
U0M>1

'lljratoan

•Wrt.
wUn

yCw.flU»

iU.1

[>U>H

Cwl.ml

.Teta**
>W*»|

»l*»w




.

iU<n

.

Uw|»T.

M.yxin

'umta*ot

Thoau

COVtiI f V “ '

Bw»«

IW l.B -l)*''

RAILWAY STOCKS AND BONDS

/

aw

>*.r•

rurtugij

NORTHERN
STEAMSHIP CO.
LINE

Uihko*!^
ST. PAUL

yENNSYL-N

'KUVT bljx

Kewtou

\ J^TSBURGH^

Ft.BeriLolc

AmMtdiww
Kurtt"

ilorg+Dj

B is m a r c k

IStfKM
02Prf>»*lK>ro
IPksMndd

N c» I o *1a
S W i i a w A,

'JY*kfcfIeJ
McUcU.'

r4 A M & T0*E

iiKyxf^uK
Powdcrrllle

iBowdle

Gtl£UQ

ra ta l

HtaCfl
fBou s r . p ! * .

^

Red field

.

.. iJrmulte FalL,

VIm m
I .A i o ^

■

4AR5MAU

Pierrj

Marl

'Cblpjxwu Abfottafurd fcf-J
|X h'tills
\
I *»«lt

; tu^w r * i i .

Buffalo
F t .M c K ia n r y &

E ll i -i J c .

Attfeo

m Ik t o n '

V Marshfield

McrrUJoi

KiiMcUi

U r-.i.-

Woortsockcti

3 Ia a k .il

LCryat^l-;

\firci
MiuIImiq 1

T om ah

CANHCTi

tnberli

H u r o n L.

Oellklfalh

j Sparta

RAILWAY STOCKS AND BONDS

PMlLAOELfJHlA

GlendL

Mitchell'
'o r t b l n g t o n

tuffalo

Vlnxjua

PortAjpoCy.
CfWO- * \

itertow;

lid lit t

,ValetilU)c
'Merrill

GREAT NORTHERN RAILWAY

lO U X ^ C IT Y vM i l i m o i

o l

Keiii-h'
fficfndSt

AlMonJ
Broken JJow

iCDuva1

[oiwlol

Fremont) **
Council Bluffs

TVaiuW

l x x x v i

O na.w a'

(E A S T E R N S E C T IO N )

.
.




|V

O 'N E I C I

High River'
B ow el 1

Lsdhhridge

Arrotf R NCllSON
XateUj.V o u riM ln ]
r&>oaKo0

,

VVStirUng

M AU CU SV

Meyer* K»Ufl

Colvpk

31 dues' ^

Gfei in U

/ic io r ii

J

f

A S S IN IflO I N t

^ B o x Klder

■XUiourt

Kewtoa
W ilder

jD d fcoa

CO

la rm ington T
Jarfield
.

R it x v iib

| /-'L ev. i-tuw n

Do Smet
hMissoula

r

Colfax\ l - \ Moscow

MUKalnUi
L ittle Falls!

P Pornero^*
^Payton

tf. « .

;

W a I I o Ia J ]

CiMtlllid^

Rumufey

iO

Walts burgh
l b W alla |
Junction

o

/

f/■

*> /

. KTowrufenti

H a lb e r t

3CV*L om ba rd

Gallatin

^Logau

iWillow*
'Pendleton
gton

Bigr H o r r v ^

nor.

K osebud

Big U mber

Idling?
,Pt. C u t t e r

P o w d e r v ille ,

Aahiond'
Korrta

W ORTL

oTirgloLi Cl*

MLHooi

Union'i

B a lm o n C lty j '^ y w O

Wood burn
0 Mafjmiot.h Hot Spr*.

Dallas

YELLbwlsTONE

rvaJUsj

M uncbhell

OldwT

A n a con d a

[^"Athena

//

Ki di tm

riini.rook

•j White Sulphur &pn,
*mbra °
y/

'F lo r e n c e

N\KC" * (
mi.aJams

Whit**]

%%%

•ENA

'Yakima

’ MlnurUU-

°frV%

Dojrvlllo\<u^olu}J^yv

la lv a n o n

ITlMKUteQ Canyon City Q

\

Sumter
Bearer Canon

Hcmington

ShcrbUuiCLs^
y.im.r'•l

/

WiA^IONAL

■ '% R ,I3ABK

Nlv Wfitanr

Ontarli

WodAnd.
Kctchuiu

GREAT NORTHERN RAILWAY




(W E S T E R N

S E C T IO N )

BeUe City

ihoahone Jc.

American

m dero

Doug la*

U8

RAILWAY STOCKS AND RONDS.
R A IL R O A D S .

F o r exp la n a tion o f colum n hea d ings, A c . , see notes
on fir st page o f tables.

MUes
of
Road

Dale
of
B on d s.

S i t e , or
Par
V a lue.

[VOL. LXXXVI.

IN T E R E S T OR D IV ID E N D S .
A m oun t
Outstanding

W h en
Payable.

Rate

%

H a r r l m a n A N o r t h e a s t e r n — F i r s t m o r t g a g e g o l d ____C o
$ 3 0 0 ,0 0 0
22 1 8 9 5
$10 0 Ac
0 g
H a r r i s b u r g P o r t s m o u t h M t J o y ft L a n e — S t o c k 7 % g u
1 ,1 8 2 , 5 5 0 7 Vi H T 0 7
53
50
F ir s t M ( e x t e u d e d la 1 8 8 3 ) g u a r p A 1 P a R R . O P . r
33
1853
7 0 0 ,0 0 0
4
5 0 0 Ac
H a r tfo r d A C o n n e c t ic u t W e s t e r n — S t o c k
...............
124
100
2 .0 0 5 .5 0 0
2
F i r s t m o r t g a g e e x t e n d e d In g o l d In 1 0 0 3 ........................
124
1883
1 .0 0 0
7 0 0 .0 0 0
4H
I f a w k l n s v A PI S o— (a t M $ 4 0 0 ,0 0 0 g o l d g u a r p &
1902
44
3 2 0 .0 0 0
1 ,0 0 0
5 g
H e n d e r s o n B r id g e C o — S e e L o u is v ille & N a s h v ille R R .
_____________ _
H i b e r n i a M i n e R R — S t o c k _____________
2 0 0 .0 0 0
4X
100
H o c k in g V a ll e y R y — S t o c k c o m m o n ‘ $ 1 * 1 .0 0 0 .6 6 6 1 1 I I
1 1 ,0 0 0 .0 0 0 S e e t e x t .
100
S t o c k p r e fe r r e d n o n -c u m (s e e t e x t ) s u b j e c t c a ll a t p a r
1 5 ,0 0 0 ,0 0 0 4 In 1 0 0 7
100
C o lu m b u s A H o c k in g V a lle y firs t in o r t g a g o g o l u . . c *
70
1867
1 .4 0 1 ,0 0 0
500 Ac
4 g
C o l & T o l l s t M g o ld e x te n 1905 ( V . 8 l , p . 211) . S .c #
2 ,4 4 1 ,0 0 0
118
1875
1 ,0 0 0
O h i o A W e s t V a 1 s t M ( L o g o n t o P o m e r o y ) ............ c *
1 .5 8 4 .0 0 0
85
1880
1 .0 0 0
F i r s t c o n s o l i d a t e d m o r t g a g e $ 2 0 , 0 0 0 ,0 0 0 g o l d ___ C o
1899
340
1 4 .4 9 0 ,0 0 0
1 ,0 0 0 Jec
E q u i p m e n t n o t e s p a y a b l e m o n t h l y ............... ......................
'O O -'O l V a r l o u a
9 1 ,1 2 4
A0
C a r t r u s t s g o l d U 0 .U 0 O s e m i a n ( V 7 5 . p . 7 4 1 ) . . . S
1002
1 ,0 0 0
7 2 0 ,0 0 0
4H g
E q u ip n o t e s g o ld S e r A d u e $ 2 3 ,0 0 0 s o m l - a n n . . U s m
1 1 4 .0 0 0
1007
1 .0 0 0
do
do
S e r B d u e $ - 1 3 ,0 0 0 s e t u l a n n u a l l y . .
1007
4
1 ,0 0 0
8 6 4 ,0 0 0
do
do
S e r G d u e $ 3 7 0 0 0 s e m i a n n u a l l y ____
19 9 7
7 0 3 .0 0 0
1 .0 0 0
A
O
do
do
S e r D d u e $ 2 0 , 0 0 0 s a ii ( V .8 5 .O . 0 0 0 '
1907
1 8 0 ,0 0 0
4
1 .0 0 0
do
do
S c r 15 d u o $ 2 3 , 0 0 0 s e m i - a n n u a l l y . .
5 0 0 .0 0 0
1907
1 .0 0 0
4
n < » » d ; o f . o .| ,
w il e s g u a r a n t e e d
S ee S unday
C r e e k C o u n d e r " I n d u s t r l o l s . '’

J
A
J
J
A
J
J
A
J
F A A 31
J
A
J
A
Ol

W here P a ya b le. and b y
W h om .

B on d s — P r in c i­
p a l. W h en D ue.
Slocks— La st
D iv id en d .

C en tra l T ru s t C o , N Y
C o m p a n y ’s O ffic e , P h U a
do
do
H a rtfo rd
do
U n i o n S a v 13k A T r C o . C l n

Jan
1 1010
J m i 1 0 '0 8
3 H
J u ly 1 1 013
A u g 31 1 0 0 7 1 %
J u ly 1 1 023
1052

A
O S co C en tra l o f N e w J e rse y
A
J J P M organ A C o , N Y
A
J
do
do
A
O
do
do
A
A
do
do
A
N
do
do
A
J
do
do
V a rio u s
do
do
M A N
do
do
F
A
A N ew Y ork
F A A 15
N ow Y ork
C h ica g o
A
J
A
A N ew Y ork

O c t 1 0 '0 7 3 %
J a n 13 1 0 0 8 2 X
J in 13 1 0 0 8 2 %
O c t , 1 1048
Aug
1 1055
M a y 1 1910
J u ly 1 1090
T o J u ly 1908
M a y 0 8 - M a y '1 2
A u g ' 0 8 - F c b '1 7
T o F e b 15 1 0 1 7
T O A p r il 1 1017
J u ly ’ o s - J u ly ’ 12
F e b . ' 0 8 - A u g '1 7

4 g
4 g
tex t,
5 g
5 g
5 g
5 g

J
A
S ee
M
J

5 g

j “
A.
A
M
J

J u ly I 1030
A p r il I 1 000
1 0 0 5 -1 0 0 8 3 %
S e p t 1 1022
J u ly
I 1037
M a y 1 1033
M a y 1 1033
A n n u a lly
J u ly 1 1037
O ct
1 1012
A p r il 1 1021
M a y 1 1030
J u ly 1 1041
D e c 31
1025
O ct
1 1011

ie

T o be Issued and assum ed under consolidation p la n .

S t o c k a u t h o r i z e d . $ 1 3 , 7 5 0 , 0 0 0 .....................................................
G e n e r a l l i e u m o r t g a g e $ 3 0 , 0 0 0 , 0 0 0 g o l d ........................
K a n a w h a A M i c h i g a n f i r s t m o r t g a g e ___________ C e . c *
H o o a a c T u n n e l A W i l m i n g t o n — S t o c k . . . . . . . . . . --------F i r s t m o r t g a g e $ 2 3 0 , 0 0 0 a u t h . g o l d ................................ O B
H o u s t o n B e lt A T erm - 1 s t M $ 5 ,0 0 0 .0 1 )0 g r e d 1 0 5 t e x t C c
M o u f B A W r * u * - l s t M g u p A I b y SO P ft C -.U n .c *
1 s t M $ 3 , 0 0 0 , 0 0 0 g n o t g u a r a n t e e d ....... ...............................
H o u s t o n A T e x a s C R R — S t a t e o f T e x a s p r lie n 1 st 7 5 m
1 s t M I r r g r e d 1 1 0 I n t g u a r ....................................C e . c ' A r
C o n s M la n d g r a n t g o ld r e d a t 1 10 In t g u a r . ,F .c * & r
G e n e ra l m o r t g a g e g o ld In te re st g u a r e n d . M p .c ’ A
W a co & N w
D l v lu t M g $ 2 5 , 0 0 0 p m . . C e . c * A r
A u s t in A N o r t h w e s t 1st M g o ld g u a r p A I . M p c ' & r
F t W o r t h A N e w O rle a n s 2 st M ( W a x t o F t W o r t h )
C T e x A N W 1st M g u a r S o P a c (O a r t o W a x )
-P
(3 )

O P E R A T IO N S

T ea r en d . J u n e 3 0 '0 7 .

G ross.

O F

W H O LE

.Vet.

too
104
*25
191

101
75
453
453
453

58

103
41

12

1906
1890
1892
1007
1893
1893
1870
1890
1890
1890
1000
1 80 1
1805
1881

1 .0 0 0
100
1 .0 0 0

1 ,0 0 0
1 ,0 0 0

1 .0 0 0
. . . . .
1 ,0 0 0
1 .0 0 0
1 .0 0 0
1 .0 0 0
l ,0 0 0
1 .0 0 0
1 ,0 0 0

SYSTEM .

O th . t n c .

T o ta l n c t in c

. . .$ 6 0 ,0 4 8 ,0 4 1 $ 1 8 ,5 6 3 ,3 1 2
y .-2 ,8 8 4 .7 0 5
1 ,3 3 4 .2 5 8
R y .
2 ,0 3 4 .1 0 7
5 7 3 .0 6 8
R y.
1 7 7 .2 1 0
6 0 ,0 6 7

$ 2 ,5 1 1 ,2 0 8
1 7 .2 1 5
1 0 ,8 3 5
206

$ 2 1 ,0 7 4 ,0 1 0
1 ,3 8 1 .4 7 0
5 8 3 ,0 0 3
0 0 ,2 7 4

T o t a l R y . s y s . p r o p e r . $ 5 5 , 1 1 4 ,1 0 2 $ 2 0 , 5 3 0 , 7 0 3
S p o k a n e F u lls A N O . s y s .
1 .6 8 8 ,0 2 0
6 3 1 ,2 3 2
2 0 1 .7 0 -1
2 0 6 .8 0 7
M i n n e a p o l i s U n i o n _____
M i n n e a p o l i s W e s t e r n ___
4 0 ,5 0 8
1 0 ,2 2 2
D u l u t h T e r m i n a l ------------4 5 ,8 7 6
1 3 ,5 0 0

$ 2 ,5 6 0 ,5 5 4
8 1 .1 1 0
0 .8 2 8
. . . . . .
- .............

$ 2 3 ,1 0 0 ,2 5 7
6 1 2 ,3 4 2
2 1 0 .6 0 5
1 0 ,2 2 2
1 3 ,5 0 0

G rea t N o rth e rn B y
M o n ta n a C en tra l B
W i l l . A S i o u x F u lls
D u l. W a t e r . A P o o .

$ 2 ,6 0 0 ,4 0 2 $ 2 3 ,0 5 3 ,0 1 7
T o t a l f o r s y s t e m ---------- $ 5 7 , 2 2 3 , 2 0 0 $ 3 1 , 3 0 2 , 5 2 4
F r o m t h is la s t r e s u lt ($ 2 3 ,0 3 3 ,0 1 7 ) In 1 9 0 6 -0 7 p a id t o t a l I n t e r e s t c h a r g e
O f a ll c o m p a n i c s a n d
g u a r . d l v s . o n S t . P a u l M in n e a p o lis A M a n ito b a
s t o c k . A c ., n o t o w n e d , a t o t a l o f $ 5 ,3 4 6 ,5 6 0 . a n d d iv id e n d s o f $ 1 0 ,4 6 0 ,6 6 3 o n th e s t o c k o f th e G r e a t N o r t h e r n R y . C o . a n d $ 4 ,0 3 4 ,0 7 6 fo r a p p r o p r ln 6
t lo n f o r r e n e w a l. I m p r o v e m e n t a n d e q u ip m e n t fu n d s .
O F F I C E R S .— C h a ir m a n , J a m e s J . H ill. S t . P a u l; P r e s ., L o u is W , H ill.
S t . P a u l; 2 d V . - P . , R . 1. F a r r in g t o n ; 3 d v . - P . , S c o . a n d A s s t . T r c a s ., K T *
N ic h o ls . N . Y . : T r c a s . a n d A s s t. S e c .. E . S a w y e r . S t . P a u l; A s s t . S c o . a n d
A sst T r c a s ,, N . T e r h u n c .
N ew Y o r k o ffic e , 3 2 N a ssa u S t .’
D ir e c t o r s .— J . J . I ll ll , F r e d e r ic k W e y e r h a e u s e r , E . S a w y e r . W i n . R .
B c g g , R . I . F a r r i n g t o n , H . W . C a n n o n , S a m u e l T h o r n e , L o u i s W . H i ll
W i n . I t . D e a n . — ( V . 8 5 , p . 7 0 3 . 1 0 0 5 . 1 2 0 9 , 1 2 6 5 . 1 2 7 3 : V . 8 6 . p . 1 6 8 .)
G R E E N B A Y A W E S T E R N R R . — R o a d o w n e d f r o m G r e e n B a y , V V Ii
t o M a r s h la n d . W I s ., 2 0 0 m ile s : b r a n c h e s . 13 r a .; t r a c k a g e t o I V I n o n a , 4 m , *
H I S T O R Y . — A r e o r g a n i z a t i o n J u n e 5 1 8 9 6 ( p e r p l a n I n V . 6 1 , p. 4 7 1 ) © f
G r e e n It i v W i n o n a A S t . P a u l , f o r e c l o s e d .
P r o t e c t i v e c o t n n i . , V . 8 1. p . 2 2 0
S E C U R I T I E S . — T h e r e a r c n o f i x e d c h a r g e s o n t h e p r o p e r t y o t h e r tb *a a
t a x e s , n o r c a n a n y b e p l a c e d t h e r e o n , o r t h e p r o p e r t y b e s o l d o r le a s e d w it h *
in .
o u t co n s e n t o f 75 % o f s to ck .
C la s s A d e b e n t u r e s a r e e n t it le d t o 2 u
t e r r a t . I f c o r n e d , t h e n c o m . s t o c k t o ZVi % , t h e n t h e t w o s h a r e r a t a b l y * b u t
a f t e r 5 % h a s b e e n p a i d o n b o t h , c l a s s D b o n d s a r e e n t i t l e d t o a il • u r n iu *
e a r n in g s .
See V . 61, p. 471.
..
D I V I D E N D S .—
1 '0 8 . '0 0 . '0 0 . ' 0 1 . '0 2 . * 0 3 . ’ 0 4 . * 0 5 . '0 6
*07
G l a s s “ A " d e b e n t u r e s -------- % \
2 Vi SVi 2 14
3
4
1
4
5
5 ’
5 '
S t o c k .................................................. %\
. . .
1 Vi 2 H
3
4
l
4
6
5
5
R E P O R T f o r y e a r e n d i n g D e e . 3 1 I D 0 6 . In V . 8 4 , p . 6 8 » , s h o w e d :
Y r.
G ross.
N et.
T a x e s .A c . D eben tu re A .
On stock. Bat su r
1 9 0 6 .$ 6 3 6 ,1 2 1 $ 2 3 7 ,3 5 6
$ 2 1 ,1 6 1
( 5 ?&) $ 3 0 , 0 0 0 ( 5 f t ) $ 1 2 6 , 0 0 0 $ 6 0 8 0 4
1 9 0 5 . 5 8 6 ,4 2 0
2 1 0 ,8 3 7 1 8 ,0 2 4
( 5 % ) 3 0 ,0 0 0 (5 & ) 1 2 6 ,0 0 0
3 6 1)13
F r o m b a l a n c e s a s a b o v e w e r e p a id $ 3 0 ,0 0 0 y e a r ly f o r g e n e r a l I m p r o v e m e n t
f u n d a n d In 1 0 0 6 $ 2 5 , 0 0 0 f o r s p e c i a l ( b a c k ) t a x f u n d .
D I R E C T O R S .— S . S . P a lm e r , P r e s .; M a rk T . C o x . S c o . a n d T r c a s
40
W a l l S t . : C . L e d y a r d B l a r . J . A . J o r d a n . V V . J . H u n t . — ( V . 8 4 , p 6 8 9 .)
G R E E N E R R .— O w n s ro a d fr o m C h e n a n g o F o rk s t o G re e n e . N . Y .
8
m ile s .
L e a s e d t o D e la w a r e L a c k . A W . fo r te r m o f c h a r t e r fo r 6 % o n s t o c k
C a p it a l s t o c k . 1 2 0 0 .0 0 0 ; p a r , $ 1 0 0 .
T h e $ 2 0 0 ,0 0 0 7 % b o n d s w h ic h m a ­
t u r e d D e o . I 1 0 0 2 a r e h e l d In t b o D . L . A W . t r e a s u r y .
G R E E N W IC H
A J O H N S O N V !L L U R R .— O w n s fr o m S o h u y le r v llle t o
J o h n s o n v l l l c , 21 m il e s .
E x te n s io n fr o m
G r e e n w ic h n o r t h e a s t t o R e x I c l g h , 1 0 m i l e s . Is u n d e r c o n s t r u c t i o n .
S t o c k , $ 2 2 5 ,0 0 0 , o f w h ic h t h e D e la ­
w a r e A H u d s o n C 'o . o w n s $ 1 7 5 , 0 0 0 , a c q u i r e d In 1 0 0 6 .
V . 84. p. 626. B on d s,
se e ta b le a b o v e .
I n U c t . I u 0 7 1p p l l c . 1t I o n w a s m a d e t*» I s s u e $ 0 0 0 , n o t )
•H inds, t o t a l n u t h . t o b e $ 1 , 0 0 0 , 0 0 0 .
F o r y ea r e n d . J u n e 30 1007, g ross.
8 0 2 .3 6 7 : n e t . $ 3 3 ,0 2 1 : I n t .. t a x e s . A c ., $ 2 0 ,2 3 3 : d l v . ( 4 % ) . $ 0 ,0 0 0 : b s l '
i u r . . $ 4 ,6 5 7 . P r e s . . I. 0 . L lla n d y
O f f i c e . G r e e n w i c h . N .Y — ( V . 8 5 . p . it) j*
O l.' V I P .M A I .A R V . — V . 7 8 . p . 0 8 8 . 1 107;

V . 7 0. p. 002;

V . 8 6 , p , 168.

G U A Y A Q U I L A Q U I T O R Y . — (3 u - f t . g a u g e . ) — P r o j e c t e d f r o m G u a y a ­
q u i l t o Q u i t o . E cu a d o r, a b o u t 2 3 6 m f l e s , w i t h t w o b r u n c h e s .
O f th is , 2 04
m i l e s , f r o m G u a y a q u i l t o A m b n t o , a r c in o p e r a t i o n a n d r e m a i n i n g 8 2 m it e s
e x p e c t e d t o b o In l o b s .
V . 8 1 . p . 0 5 6 ; V . 8 3 . p . 11 70 .
S t o c k h o ld e r s a n d
b o n d h o ld e r s o n J u ly 25 1 007 a p p r o v e d th e p r o p o s it io n t o u se th e $430 0 0 0
th e a m o u n t o f th e J u ly c o u p o n s a d v a n c e d b y th e G o v e r n m e n t o f E c u a d o r '
In c o m p l e t i n g t h u r o a d .
T h e J u ly 1 0 0 7 a n d J a n . iu 0 8 c o u p o n s o n a ll e x r e n t
" s p e c i a l • e r i c s " b u n d s r e m a i n e d u n p a i d p e n d i n g a d j u s t m e n t <>r d e p u t e w i t h
G o v e r n m e n t o f E c u a d o r.
V . 8 6 . n . 16 8 ; v . 8 5 . p . m o . H i .
S t o c k a u t h o r i z e d , c o m . , $ 7 , 0 3 2 , 6 0 0 : p r o f . , 7 !X c u m . . $ 5 , 2 6 0 , 0 0 0 .
The
b o n d s a r c g u a r , p r ill, a n d I n t. b y t iie G o v e r n m e n t o f E c u a d o r , s c o u r e d b y a
fir s t U ou o n a ll t h e C u s t o m s d u t i e s o f t h e la t t e r . It r e c e iv in g In c o m t ld e r a ilo n
4 8 % o f th e co m . stock .
I n t e r e s t I n L o n d o n Is p a y a b l e a t G l y n , M i l l s . O n r*
rtc A C o .
A ll t h e b o n d s a r e p u r c h a s a b l e f o r a s . f . o f \ % y e a r ly , a n d in a d ­
d it io n $ 1 ,0 1 4 ,0 0 0 ( o f w h ic h $ 4 1 7 ,0 0 0 n o w o u t s t a n d in g ) m a y b o ca lle d a t
p a r f u r s p e c i a l i . f . : lu « . f J a n . 1 0 0 7 , $ 1 . 9 0 0 , 0 0 0 .
V .m o . p . 1 6 8 .
F o r c a le n d a r y e a r 1 00 1 e a r n in g s w e r e : G r o s s . £ 6 8 ,0 4 0 ; c a s h fr o m G o v e r n ­
m e n t o f E c u a d o r t o p a y I n t e r e s t o n b o n d s . £ 1 2 1 .3 4 6 ; t o t a l . £ 1 8 0 ,3 0 7 * o n e r
e x p e n s e s , £ 6 7 ,6 0 0 ; In te re st o n b o n d s . £ 1 2 1 ,3 4 8 ; b a l., s u r ., £ 4 4 0 .
*
*
P r e s .. A r c h e r H e r m a n ; V .-P ., T . II. P o w e r s F a ir . N ew Y o r k ; S ee a n d
T r c a s .. J o h n J . O in n a n e .
N . Y . o f f i c e , 2 5 B r o a d S t . — ( V . 8 6 . p . 1 6 8 .)
GULP BEAUM ONT A
O U L P A IN T E R

K . C . R Y — fle e A tc h . T o p . A S . F .

S T A T E R Y .— S ee p a g e 1 7 8 .

G U L P L I N K R Y .— O w n s A s h b u r n , O a . , t o B r h lg c b o r o , 3 2 m ile s - t r a c k ,
a g e , A s h b u r n t o W o r t h . 6 m il e s ; le a s e s ( t o A p r i l 1 1 9 5 3 . w it h o p t i o n t o n u r c lm s c ) t h e H n w k lm w lllc A F lo r id a S o u t h e r n , H a w k ln s v lllc t o W o r t h
r i
m i l e s ; t o t a l , 7 0 in llt-a ,
P r o p o s e d li n n w i l l e x t e n d f r o m H a w k i n s v l l l o t o
B a l n b r l d g e , t i n , , a b o u t 1 3 0 m il e s , a m i e x t e n s io n p r o j e c t e d fr o m la t t e r n o lr .t
t o t h e G u l f , a b o u t fO O m i n t s ,
u Is p r o j e c t e d e v e n t u a l l y t o tn illr f ’ f r o m
A u g u s t a , G * .. t o t h e O u lf o f M e x ic o , w ith t r a c k a g e r ig h ts t o A tb m tn
V
84. p . 1217.
I n c o r p o r a t e d I n J u u n 1 9 0 7 m i d a c q u i r e d t h e F l i n t R iv e r
A O u lf.
S t o c k a u t h o r iz e d , $ 4 0 0 ,0 0 0 .
B o n d s a u t h o r iz e d . $ 3 2 3 ,0 0 0 3 0 -y e a r
jgj fot lMd f5t s« , A
>P>r*e«s. . , O
A. A
A tt lI ajin
n tt4ai ( G . u1 jTNriui as ft C
C ao . , t r u s t e e .
C. A
A lfo r d - See V n d
T r c a s . c . I t . R e y n o l d s , S y l v e s t e r , G a . — ( V . 8 6 , p . 2 2 1 , 6 0 0 , 1 )2 1 .)
'
G U L P A S H I P I S L A N D R R .— O w n s r o a d fr o m G u lfp o r t , o n M is s is ­
s i p p i S o u n d . G u l f o f M e x i c o , t o J a c k s o n . M is s .. 1 6 0 .5 m ile s ; C o l u m b i a
d i v i s i o n . M a l i c t o M e n d e n h a ll . 1 0 4 .7 5 m ile s .
B r a n c h fr o m S a r a t o g a t o




1 3 .7 5 0 ,0 0 0
1 7 .0 0 0 .0 0 0
2 ,4 6 0 ,0 0 0
2 5 0 ,0 0 0 S e e
2 4 4 .0 0 0
S ee te x t.
2 ,1 9 9 .0 0 0
8 0 1 .0 0 0
See te x t.
3 ,2 3 2 ,0 0 0
1 .2 3 0 .0 0 0
4 ,2 7 5 .0 0 0
1 .1 0 5 .0 0 0
1 . 0 2 0 ,0 0 0
7 0 9 .0 0 0
1 8 0 .0 0 0

8

4 g
8 g

l*

M
M

J

8

A

A
J
A
O C en tra l T r u s t C o , N Y
t e x t . W ilm in g to n . V t .
A
S O l d C o l o n y 'r r O o . B o s t o n
A
.)
A N V20 B r o a d w a y , N Y
do
do
A N
H ou ston , T exa s.
A * ‘ j 120 B r o a d w a y . N e w Y o r k
A
O
do
do
A
do
do
0
A
N
do
do
A
do
J
do
A
J
do
do
A
O 120 B r o a d w a y . N e w

L au rel
4 1 .7 5 m ile s ; t o t a l , 3 0 7 m ile s .
Im p o rta n t h a rb o r Im p ro v e m e n t*
h a v e b e e n c o n s t r u c te d a t G u lfp o r t , In c lu d in g a n e x t e n s iv e sy n to m o f d o c k s
p ie r s , A c .; a ls o a c h a n n e l 7 m ile s lo u g e x t e n d i n g t o d e e p w a t e r .
S T O C K . — C a p it a l s t o c k . $ 6 ,0 0 0 ,0 0 0 ( p a r o f s h a r e s , $ 1 00) , a ll o u t s t a n d 'g .
D I V I D E N D S .— A p r il 190 3 t o J a n . 1 0 0 8 . 4 %

y e a r ly (Q . J .) .

B O N D S .— O f t h e firs t 5 s ($ 6 ,0 0 0 ,0 0 0 a u t h o r i z e d ) , i t , 9 8 4 ,0 0 0 a r c o u ts tn n d *
l n g , r e m a in i n g $ 1 6 ,0 0 0 b e i n g r e s e r v e d t o r e t i r e a lik e a m o u n t o f o h l b o n d s
T O £ ? u t A n d f i , i r - . A s l n k * fu n < * o f 1
W r l y . w h ic h b e c a m e o p e r a t iv e J a n .
w 1 9 0 5 , m a y p u r c h a s e b o n d s a t n o t e x c e e d in g 1 1 0 , b u t th e la t t e r c a n n o t b e
d r a w n , b o n d s s o p u r c h a s e d t o l » c k e p t a l i v e In s i n k i n g f u n d a s o n I n v e s t m e n t .
T o J u J y 1 9 0 7 5 1 5 2 ,0 0 0 h a d b e e n p u r c h a s e d .
S e e V . 7 4 . p . 4 2 6 . a n d a p p llc a t io n t o lis t , \ .7 4 . p .1 2 5 7 ; V .8 1 , p .2 6 4 .
C a r t r u s t s J u n e 3 0 '0 7 , $ 3 3 5 ,2 1 0 .
E A R N I N G S — 5 i n o s . . / 1 0 0 7 .................... G r o s s ,
J u ly I t o N o v . 3 0 .
1 1 0 0 6 . . ............... G r o s s .

$ 1 ,0 2 9 ,0 7 0 ;
9 7 4 ,3 0 6 :

n ot.
n e t.

$ 2 1 8 ,9 3 4
2 1 9 .2 0 4

R E P O R T . — R e p o r t f o r y e a r e n d i n g J u n e 3 0 1 9 0 7 w a s In V . 8 3 , p . 8 6 0 .
* *v lS ~
G ross.
N et.
Oth. In c .
Qhnroes.
B a la n ce.
• 8 8 5 - 0 7 ................................ $ 2 , 4 8 5 , 0 6 0
$ 6 6 1 ,9 0 1
$ 2 4 ,5 6 4
$ 3 0 9 ,0 8 3
$ 3 1 7 ,4 7 2
2 5 ,3 9 2
3 0 5 .7 8 4
4 0 1 .2 7 5
1 0 0 6 - 0 6 . .......................... . 2 , 1 3 8 , 7 7 9 6 8 1 . 6 6 8
P r e s .. J . T . J o n e s , B u f fa lo , N . Y . — ( V . 8 5 , p . 7 9 3 , 8 6 0 .)
G U L P T E R M I N A L C O .,
a p p r o a c h e s a t M o b ile . A l a .,
H R ., w h ic h o w n t h o s t o c k
p
r
i
p a tl a n d Iinn ttee rr *e *s *t , p y
n l n c in
m o r t g a g e trustee.
V. 8

M O B I L E .— O w n s u n io n p a s s e n g e r s t a t io n a n d
le a s e d b y t h e S o u t h e r n R y . a n d M o b ile A O h io
a n d g u a r a n te e th e b o n d s J o in t ly a n d s e v e r a lly ,
e n d o rse m e n t.
F r a n k l i n T r u s t C o , , N . Y . , Is
p . 50.

? n , ^ O R Ti, 1 0 A S T .E R N

B ^ r r H a r r lm a n t o P e tro s , T e n n .,

22

,u u 0 - K roM '
R h in tS T ir °v
»
'
c y i W B S T G R N R Y — H a r t fo r d . C o n n ., t o
R h l n e c l lf f , N . Y . , 1 1 0 in lle s , a n d b r a n c h , 14 m ile s .
L e a s e d t ill A u g . 1940

n & S O P n o ?
P y ' (,llt” T ^ ° " t r o l lc < l b y N c w V o r l c N o w H a v e n A
H ? r i ,0 .rJ. R I * ' ’ ’ t h c ™ " , ' u p n v 'n R c h a r g e s a n d J % p e r a n n u m o n t i l e a t o c l t ,
( * J . 0 J S . 4 0 ( ) o u i o t n n d l n i . ') , n r w h i c h 3 1 , ( 1 4 0 , 0 0 0 o w n e d b y l e a s e e . - ( V . 7 n .
p . 110 u'
8 4 ;’ V . 8 3 . *'
p . 0 5 , 2 1 3 , 1 2 9 0 .)
**
....M A W K I N S V L U E & F L O R I D A S O U T H E R N R V — W o r t h t o I la w k ln s v lllu , C a .. 4 4 m ile ,.
L c m u .l M a y i ( 0 0 7 t o O o H 1,1 n e I t y . u n t i l A p r i l I 1 0 3 2 ,
w ith u p t l p n p f p u r o h a je .
V . s 4 . n. 1217.
s io .-U . 3 1 0 0 ,0 0 0 . o f w h ic h o n e h n l f a c Q U lr e .1 In A n r t l 1 0 0 4 b y 'J c o t g l a S o n l h c r u 3c F l o r i d a , w h i c h g u a r n n t r t a
b o n d a (s e e t a b le a b o v e ) , p r in c ip a l a n d In te re s t.
Y e a r e n d in g J u n e 3 0 1 007
L -r ,.,s , * 3 3 . 1 7 4 ; n u t . » « . 2 I 7 ;
t o t a l d l ld U O .. 3 1 3 , 3 4 2 ;
l)„l
d e l ., 3 3 .2 0 3 ,
1 r e * . S . F . P a r r o t t ; T r e n * . . W , l> . H o p p e r . M a c o n , O n — ( V . 3 4 . p . 1 2 4 7 .1
H IB E R N IA
M IN E
M i n e s , N . J .. 4 1 4 m .

R R .— O w n . fr o m
R o e lr a w a y , N . J . . t o H ib e r n ia
L e a s e d t o C o n t r a l o f N . J. In 1 8 0 0 f o r > 1 2 ,0 0 0 p e r a n .

I I O C K I N d V A L L E Y R V — { S t , M a p . ) — 'T h i s c o m p a n y o w n s m a i n l i n o
f r o m P o m e r o y , < ) . , t o t V a l h r l d i f o , O . , 2 6 0 m i l e s , w i t h t r a e lr a n u ( P e n n
HH
S y s t e m ) W a l h r l d e o t o T o l e d o , 0 m ile s ; b r a n c h e s t o A t h e n s , N e l a o n v l ll e
e t c . . 7 3 m ile s ; le a s e s W e l l s t o n & J a e U s o n M e lt. M c A r t h u r J u n o , t o J a c l r s o n ’
1 » id .: t o t a l , 3 4 7 m ; s e c o n d t r a c k , 4 7 m .
U n d e r th o p r o p o s e d c o n s o lid a tio n
w i t h t h o K a n a w h a & M l c h U r a n ( s e e b e l o w ! . I fll) m i l e s w i l l h o a d d e d t o
t h o s y s t e m , in a k ln e a t o t a l o f 6 1 # m ile s o p e r a t e d .
H I S T O R Y , A C .— S u c c e s s o r F e ll. 23 1 30 0 p e r p la n V . # 8 , n
2*1
C o lu m b u s H o e k ln e V a lle y A T o le d o I t y .. fo r e c lo s e d .
T h e c o a l la n d s fr o m
w h i c h t h e b u l k o f t h o b u s i n e s s Is d e r i v e d , s t t y r e c a t o a b o u t 2 (1 ,0 7 3 n e r e n
a n d a r e c o v e r e d b y t b o c o n s o l i d a t e d m o r t i r a it u .
I n 1800 a e u u lr o d c o n t r o l
o f T o l e d o ,V O h i o C e n t r a l H y . ( w l i l o h s e e ) b y p u r c h a s e o f e n t i r e I s s u e o f
3 3 ,4 2 1 .0 0 0 M id d le S t a t e s C o o s t r u c t l o n O o . c o lla t e r a l 3 s . w h ic h a r o s e c u r e d
h y d e p o s i t o f t h e e n t i r e s t o c k o f t h o T o l e d o A O h i o (.’ a n t r a l H y . . o s e e n t
3 3 4 .I d o e o r n m o n a n d 3 1 1 .0 0 0 p r e fe r r e d (S c o V . # 0 , p . 1 3 1 3 ). b u t t h a t r o o d
Is o n o r a t e t i s e p a r a t e l y .
S e e S T O C K b e lo w .
C O N S O L ! R A T I O N P L A N — A p la n
(o r c o n s o lid a t io n w ith t h o K a n a ­
w h a A M l o h l x a n H y . In
V . 3 3 . n . 3 7 1 . 3 2 3 c o n t e m p la t e s th o re tir e m e n t
o f t h c p r e f e r r e d s t o c k n m l t h o c r e a t i o n , n s s h o w n [11 t a b l e a b o v e
of a
n e w g e n e r a l l i e u 1 % i n o r t e a i t e p r o v l t l l n K f o r I 'c f u m l l u i t a t a l o w e r r a t e o f
I n t e r e s t o u t s t a n d i n g e q u i p m e n t u b lliin t lo n s a n d I h in tlm : d e b t o f b o t h c o m ­
p a n ie s.
T h e n e w m o r tir m r r ( a u t h o r i s e d I s s u e 3 3 0 .0 n d .0 O 0 l w ill a ls o f u r ­
n is h re s o u r c e s fo r b e t te r m e n t s a n d I m p r o v e m e n t s , sn t h a t t h o n o t c a r n ln v s
o f th o c o n s o lid a t e d c o m p a n y m a y h e a v a ila b le fo r d iv id e n d s .
T im e
t o de­
p o s it s t o c k s u n d e r t h e p la n h a s b o o n e x t e n d e d t o M a r c h 1 1 00 8 .
f i e l d ftp
--------- T o Ue a iv c n - _____

F o r f a r # > 1 0 0 lA a r s —

P u O lle .A C .

N cto H o n d s . N n r .Sloe*

H o e k l n e V o l l e y H y . p r e f e r r e d .................... 3 U .O O O .O O O
3110
C o m m o n s t o c k .................................................... 1 1 , 0 0 0 ,0 0 0
. . .
jin n
K a n a w h a A M i c h i g a n H y . s t o c k __________
4 .4 0 0 .0 0 0
_____
<m
I h o K a n a w h a A M ic h ig a n In J u n o ! l)0 7 a u t lm r l x o d a n I s s u e o f 3 2 .6 0 0 n o n
. o - y e a r 8 % b o n d s , t o p a y t h c O o a t t n ir d e b t , A c , o f w h i c h a b o u t h a l f t o b o
t a k e n b y H -M -Iclm : V a l l e y f o r p r e v i o u s a d v a n c e s .
V . 8 1. p, 1247.
"
P H E F F .R R K n S T O C K .— H a s p r o fe r e n e o a s t o a sse t* a n d d iv id e n d s a n d
Is e n t li t l oe d t o s h a r e e q u a l l y w i t h c o m m o n In a n y d i v i d e n d a ibmo v o 4
.1 « In
a n y year.
V. 80. p
* ™ m
P.. n i l .
S A L E O F .S T O C K , E T C — I n J u n o 1 0 0 3 3 0 ,0 2 4 .2 0 0 o f t h e o u t s t a n d l n r
3 1 1 , 0.0 0 ..O
0 0O0 O c.eo ommm
t noonn ’ s t o c k w na *s s o l d t o fl i v e r a i l r o a d ec o m p a n ti ce as , v lu* " .• T h e
P il tt tt ss bb uurrgrht C i n c i n n a t i C h li cc aa igt o A S t ,. L o u i s ( t w o s i x t h s I n t e r e s t ) a n d ' H a i t i ,
rmn oo r o A O h i o , O l i r s a p e a k e A O h i o , lL. n k o S h o r e A M i c h i g a n S o u t h e r n a n d
l-Trli* l i ’A f l i o n e . . 1%» i . .
.....
1.
n n # ...... . i , .
* ,v * “ '•****
E r i e l e a c h o n e - s i x t h ) , t h e o w n e r s r e c e i v i n g 3 1 0 3 p e r s h a r e above a l l e i .
p on ses
I n n p a r t i c i p a t i o n c e r t i o r a t e s I s s u e d t h e r e f o r w e r e p a l il a t m a t o r .
* t jr J u n e . 8 l o o # , a m ! t h e s t o c k d i s t r i b u t e d a m o n g t h e r o a d * .
V 7# n
1 3 0 1 ; V . 7 7 , p . 3 # . 1 3 2 5 ; a n d fo r m o f c e r t . V . 7 7 . p . 1 8 7 4 , V . M . p . n .
PD IV ID E N D S .

ftly' ‘ to07m'

O n p r e fe r r e d

2

1000, 3 )3 % :

t0

1001

t o J a n . 1 0 0 8 in , 1

.1 ^

"*U7 'nCl" 3% pcf

B O N D S .— T h e c o n s o ls (3 2 0 .0 0 0 .0 0 0 a u t h o r is e d ) b e s ld c a a lie n o n th e
p t o n e r t y , s u b j e c t o n l y t o 8 3 ,4 2 0 .0 0 0 p r io r b o n d s , h a v e a fir s t H an o n
a ll t h e c o s ) la u d s ; 3 6 ,4 2 0 ,0 0 0 c o n s o ls s r u r e s e r v e d t o r e t ir e t h e c s k n lm r b o n d s




RAILWAY STOCKS AND BONDS

70
T IA IU IO A D S .

IN T E R E S T O R D I V I D E N D S .

F o r expla na tion o f colum n headings, A c . , see notes
on first page o f tables.

M ites
Date
of
of
Hoad. B on d s.

H u d i o n & M a n h a t t a n — 1 s t M .5 1 0 0 ,0 0 0 ,0 0 0 ,C O n v S c * A r
____
1907
H u n t i n g d o n 6c B r o a d T o p — C o m m o n s t o c k ........................
67
_____
P r e f e r r e d s t o c k 7 % n o n - c u m u l a t l v o ......................................
67
_____
F i r s t M e x t e n d e d l a 1 6 9 0 < ! n t o r c s t o n l y In g o l d ) . . U P
6 7 1854
S e c o n d M o l d 7 s e x t e n d e d I n 1 8 0 5 p A I g o l d _____ ( I P
07 1887
T h i r d M c o n s o l e x t e n d e d In g o l d I n 1 8 0 5 _____ d P c *
6 7 1865
1 4 t h S e r c a r t r u s t 5 2 0 . 0 0 0 y e a r l y D e o 1 ............... P e P
_____
1800
C n r t r u s t * v o id d u e a b t $ i7 ,o o o s a n (V . 8 4 , p . 1 4 2 4 )
. . .
1007
I d a h o & W u h N o r - 1 s t M 5 5 . 0 U 0 . 0 0 0 g r e d t e x t - . 1C
11)07
I l l i n o i s C e n t r a l — S t o c k 5 0 5 , 0 4 0 , 0 0 0 ..............................................................................
L e a s e d l i n e 4 % s t o c k g u a r a n t e e d ( s e c r e m a r k s ) .........
.......................
F i r s t m o r t o f S t e r l i n g b o n d s o l d 6 b e x t e n d In 1 6 0 5
1875
18
7 4 f o r S t e r l i n g b o n d s e x t e n d e d I n 1 0 0 5 __
1875
5 1 5 , 0 0 0 , 0 0 0 4 s o f 1 8 8 6 d u e 1 0 5 1 g o l d _____ c * A r
706
1886
s e c u r e s a l l 3 5 *8 o f 1 8 8 6 , d u e 1 0 5 1 g o l d . . c * A r
1886
e q u a l l y . U s 3 a o f 1 8 0 5 d u e 1 0 5 1 g o l d _____ c * A r
1805
3
J *8 o f 1 0 0 3 d u e 1 0 5 1 g o l d _c * A r
1003
T r u s t b o n d s s t e r lin g (s e c b y O h S t L & N O c o n s ) . U s
. . .
1886
1 s t M S p D I v r e f M ( V 6 6 , p 1 2 3 7 ) g o l d . . U a .x e * A r
111 1 8 0 7
K a n k A S W 1st M O t t o t o N o r m a n J u n e A b r . . r
131 1881
C o l l a t e r a l t r u s t b o n d s g o l d 5 - ............................ U a . o * A r
8 3 7 1888
C a ir o B r id g e b o n d s g o l d (s e e r e m a r k s ) . . . U s . c 'A r
. . .
1802
C o ll tr u s t 5 2 5 ,0 0 0 .0 0 0 g o ld o n L N O & T . . U s . e * A r
798 1802
W e s t e r n l i n e s f i r s t m o r t g a g e g o l d .......................U a . c * A r
2 1 8 1804
S t L o u lB D I v A T e r m M S 1 0 . 0 0 0 . 0 0 0 g o l d . U a x c * A r \
2 3 0 /1 8 U 7
do
5 5 .0 0 0 .0 0 0 (S e e V 6 5 , n M 7 3 » g . . U t , x c * A r /
\ 1807
L o u is v ille D Iv A P e rm M $ 2 5 ,0 0 0 ,0 0 0 g . _ U a .x c ’ A r
64n 1807
S i C h L A X O e o n s M (5 1 8 ,0 0 0 .0 0 0 ) g h it u u
u*A i
5 6 7 1881
do
g u a r a n t e e d p r i n c i p a l a n d I n t e r e s t _____ . . .
567 1897
100 1880
M e m p h i s D I v 1 s t M g o l d g u a r p A 1 ( e u d ) ____U a . c *
O m a h a D iv is io n la t M g o ld 5 5 . 0 0 0 , 0 0 0 . . . U a . c 'A r
130 1000
L i t c h f i e l d D i v i s i o n l a t M g o l d 5 4 , 0 0 0 , 0 0 0 .............P . c *
1)8 1 0 0 0
P u r c h a s e d H u e s 1 s t M 5 2 0 , 0 0 0 , 0 0 0 g o l d ____U « . c * A r
7 3 4 1004

U n d erlyin g S t L o u is D iv ision A 7'erm lnal bonds.
B e l le v u e A C a r o u d e t e t 1st M B e llo t o E C g o l d . . e *
17 1 88 3
B e l le v u e A E l D o r 1st M (I C o w n s 5 1 0 0 .0 0 0 ) . . 0 * 1
5 1 1 88 0
S t L S o l« t M g
...................
M a .c * '
30 1886
C a r b o n d n l e A S h a w n e e t o w n 1 s t M g o l d _____ o * l
17 1887
a I n a d d it io n 5 3 ,2 0 6 0 0 0 c o n s o l 5 s a r e p le d g e d t o s e c u r e
I llin o is

S ite , o r
Par
V n fu «.

1 ,0 0 0
1 ,0 0 0

1,000
1. 0 0 0

C en tra l

E A R N I N G S .— F o r 5 m o n th s e n d in g N o v . 3 0 ;

M o n th s ,—

D ro s s .

N e t.

O th e r In c .

C h a rg e s,

H a in a n .

1 U 0 7 ____________5 3 . 2 8 0 , 0 2 2
5 1 .1 0 1 .5 3 3
5 3 0 3 .1 6 1
5 3 8 0 ,1 I I
5 1 ,0 2 6 ,5 3 2
1006..
..
2 .0 0 7 ,3 2 7
1 .0 3 1 ,3 3 7
5 0 .2 2 5
3 1 3 ,6 1 0
8 1 8 .1 5 2
A N N U A L R E P O R T . — T r a f f i c Is m o s t l y f r e i g h t , a n d o v e r 0 3 % o f t h i s Is
b itu m in o u s c o a l.
A v e r a g e t r a i n - l o a d Is l a r g e — In 1 0 0 7 , 0 2 5 t o n s .
R e p o r t f o r y e a r e n d i n g J u n e 3 0 1 0 0 7 In V . 8 3 , p . 7 1 7 , 7 3 3 .
1 0 0 6 -0 7 .
1003 00
1 9 0 4 -0 0 .
1003 0 4.
G r o s s e a r n i n g s ...................... 5 6 . 0 0 7 . 0 1 8
5 6 .4 3 9 ,8 0 0
5 0 .0 1 3 ,2 1 1
5 5 ,7 2 5 ,4 8 3
N e t e a r n in g s a ft e r t a x e s . 5 2 ,1 0 7 ,2 3 7
$ 2 ,2 5 8 ,0 3 5
$ 1 ,0 4 5 ,3 1 3
5 1 ,8 7 2 ,8 0 3
O t h e r I n c o m e ..................... ...
4 1 5 .4 3 3
3 0 0 .1 2 3
3 8 2 ,2 3 1
5 5 0 .0 0 1
T o t a l a v a ila b le I n c o m e $ 2 ,6 4 2 ,6 7 5
$ 8 1 0 ,1 8 8
F i x e d c h a r g e s , A c .............D iv id e n d s o n p r e fe r r e d . (4 )6 0 0 ,0 0 0
D iv id e n d s o il c o m m o n . ( 3 4 ) 3 8 5 , 0 0 0
I m p r o v e m e n t s . A t*. .
3 2 0 ,4 2 9
B a la n c e , y e a r 's s u r p . .

5 3 2 2 ,0 5 8

5 2 .5 6 7 .1 5 8
5 8 8 3 .4 8 0
(4 )6 0 0 ,0 0 0
(3 )3 3 0 ,0 0 0

5 2 ,3 2 7 ,5 4 4
5 8 0 9 ,6 0 3
(4 )0 0 0 ,0 0 0
(3 )3 3 0 ,0 0 0

5 7 5 3 ,6 7 8

5 4 0 7 ,8 5 1

W here P a ya b le, and b y
W h om .

4 7 0 .0 0 0
7 1 ,0 0 0
5 3 8 ,0 0 0
2 1 1 .0 0 0
c o lla t e r a l tr u st

$ 5 0 4 ,5 0 3

IIO O S A C
TUNNEL
A
W IL M IN G T O N
R R .— N A R R O W
G A U G E .—
I I o o s a c T u n n e l . M a s s ., t o M i ll in g t o n . V t . . 2 5 m ile s .
In 1904 p u rch a sed
b y s y n d ic a t e
D iv id e n d * : In I0 U 3 . 2 % ; y e a r 1 9 0 5 -0 0 . 3 % ; s in c e
(? )
E a r n in g s f o r y e a r 1 0 0 5 -0 6 g r o s s , 5 7 7 .3 8 4 ; n e t . 5 2 7 ,0 0 5 ;
b on d In terest.
5 1 1 ,2 0 0 ; d iv id e n d s ( 3 % ) , 5 7 ,5 0 0 '
P r e s ., J o h n P . K o lia s . M a lo n e , N . Y . — >
( V . 7 1). p . 0 0 3 .

1006
1903
— (V

H O U S T O N A T E X A S C E N T R A L R A I L R O A D . — iS ee M a p o f Southern
P a c ific .)— O w n s f r o m H o u s t o n , T e x a s , t o D e n i s o n , T e x a s , 3 3 8 t n lle e ; H e m p f- t e a d . T e x a s , t o L l a n o , T e x a s , v i a A u s t i n , 2 1 5 m ile s ;
B r e m o n d to R osa
T e x a s . 3 4 r a . : Q a r r e t t t o F t . W o r t h . 5 3 m . ; o t h e r . 3 4 m . ; t o t a l , 6 0 4 m .'
C u t 01T, M c x t a t o N a v a s o t a . l o o m i l e s , w a s c o m p l e t e d l a t e In 1 0 0 6 .
H I S T O R Y . — S u c c e s s o r A p r i l 11 1 8 0 3 t o a railw ay c o m p a n y f o r e c l o s e d
S e p t. 8 1888.
R e o r g a n iz a tio n p la n , V . 4 5 , p . 7 0 2 , 8 2 0 .
O n A u g . 22 t o o l
m e r g e d A u s t in A N o r th w e s t, e t c .
L it ig a t io n , V . 7 4 , p . 6 8 0 ; V . a i , p . 7 7 7 .
B O N D S .— T h e b o n d s a r e b e i n g g r a d u a ll y r e d u c e d w it h p r o c e e d s o f la n d
s a le s .
T h o / lr s < mortgage w a s f o r 5 8 , 6 3 4 , 0 0 0 . o f w h i c h 5 5 7 0 , 0 0 0 r e s e r v e d
a g a lD .-u c l a i m o f S t a t e o f T e x a s u p o n 75 m i l e s o f t h e r o a d .
T h e S ou th ern
P a c i n o C o . g u a r a n t e e * I n t e r e s t o n all b o n d s .
T h o first mortgage b o n d s a m i
t h e con. altdaUd mortgage b o m b m a y b e c a l l e d f o r r e d e m p t i o n a t n o w i t h
p r o c e e d s o f In m l s a le s .
S e e f u l l abstracts o f a l l t h e m o r t g a g e s I n V . 6 2 n .
.
t , l ° 5 3 , 0 6 8 , 0 0 0 c o n s o l i d a t e d Os a u t h o r i z e d 5 1 . 1 4 0 . 0 0 0 ( n o t I n ­
c l u d e d I n t h e a m o u n t o u t s t a n d i n g a b o v e ) a r c h e l d no p a r t s e c u r i t y f o r t h o
g en era l 4 «.
T h e r e w e r e a ls o J u n e 3 0 1 9 0 6 5 1 5 0 ,0 0 0 L n m p n a a s o x t n m ilo n
m te rlrn 5 s a
o w n e d b y S o u th e r n P a c ific C o .
S
T O C K .— S t o c k . 5 1 0 .0 0 0 ,0 0 0 , o f w h ic h th e S o u t h e r n P a c ific C o o w
5 0 .0 0 8 .3 0 U , p a r , 5 1 0 0 .
V . 76. n. 1084. 1102, 1407.
In 1 0 0 2 -0 3 a d iv id e n d
o f 6 % w a s p a id o u t o f a c c u m u la te d s u r p lu s .
V . 7 6 , p. 1 4 0 7 .
L A N D S . — T h e l a n d * J u n e 3 0 1 0 0 6 h e l d f o r c a n c e l l a t i o n o f fi r s t a n d e o n x o lld /it e d m o r t g a g e b o n d s c o n s is t e d o f 0 4 7 .3 8 4 a c r e s ; la m ! c o n t r a c t s n u t
s t a n d in g w e r e $ 3 ,4 3 7 ,0 5 2 .
V. 65, p. 8 69 .
™
u
E A R N I N G S .— Y e a r 1 0 0 3 -0 6 , g r o s s , 5 6 ,7 3 1 .7 5 0 ; n o t , I I , 9 0 8 ,6 6 8 * o t h e r
I n c o m e . 5 5 ,4 8 7 ; c h a r g e s , 5 0 0 0 .8 5 0 : b a l . , f l ii r p ., $ 1 ,0 0 7 ,3 1 ) 3 .— ( V . 63
r>
1 5 2 4 ; V . 8 1 , p . 7 4 0 ; V . 8 5 , p . 7 0 3 . 1 6 4 5 .)
* P
H U D S O N A M A N H A T T A N R R . — (See M a p . ) — O w n s d o u b l e - t u b e t u n n e l
r o m S i x t h A v e n u e aim . C h r i s t o p h e r S t r e M . N e w Y o r k , u n d e r t h e M u d s o n
R i v e r , t o t h o D e la w a r e L a c k a w a n n a A W e s t e r n s t a t io n , H o b o k e n , N
. 1.
E x t e n s i o n s a r e t o b e b u ilt u n d e r S ix t h A v o . , N e w Y o r k , t o 3 3 d S t , , w it h a
■ p n r u m lr r n th S t . t o 4 t h A v e .
T ftn p o r t io n o f t h o s y s t e m fr o m
i 4 t.li
S t r e e t a m i S i x t h A v e n u e , N e w Y o r k , t o H o b o k e n , w ill lie o p e n e d o n F e b . l

l
l
1
1

1 02 3
1910
1931
1032

B O N D S .— O f th e b o n d s 5 3 7 ,0 0 0 ,0 0 0
In c o n n e c t i o n
w it h
$ 1 0 ,0 0 0 ,*
a c c o u n t o f th e
p r o p o s e d tu n n e ls , s ta tio n s , p o w e r h o u s e , e r e c t io n o f b u ild in g s a t t h e C h u r ch
S t . t e r m i n a l s In N e w Y o r k , a n d r e t i r e m e n t o f 5 5 . 0 0 0 , 0 0 0 N . V . a n d J e r s e y
b o n d s r e d e e m a b le
at
110.
The
r e m a in in g
5 1 3 .0 0 0 ,0 0 0
bonds
and
5 4 .7 5 0 ,0 0 0
p r e f. s to c k a rc re s e rv e d fo r fu tu r e p u rp o s e s.
T h e b o n d s w ill b e c o n v e r t i b l e o n a n y I n t e r e s t d a y a f t e r F e b . 1 1 0 1 2 a t
p a r In to c o m m o n s t o c k a t 5 1 1 0 p e r s h a r e , w it h p r o v is io n s to p r o t e c t th e
b o n d h o l d e r s w h e n c o m m o n s t o c k . In a d d i t i o n t o t h o 5 4 0 . 0 0 0 . 0 0 o a t p r e s e n t
a u t h o r i z e d a n d t h e f u r t h e r a m o u n t n e c e s s a r y t o c o n v e r t t h e b o n d s . Is I s s u e d .
O F F I C E R S — P r e s .,W . G . M c A d o o ;
V l o o - P r e s . , F r c d 'k B . J e n n i n g s ;
S e e . a n d T r e a s ., C
W .
K in g .
O ffic e ,
111
H 'w n y . N .
Y . — ( V . 8 1.
p . 5 7 . 2 2 0 . 1 1 1 3 , 1 2 4 7 ; V . 8 5 . p . 1 0 0 5 1 4 0 1 ; V . 8 6 . p . 5 2 .)

D IV .
O n com
.
O n p r e f..

H O U S T O N E A S T A W E S T T E X A S R Y . — (See M a p o f Southern P a cific.)
O w n s fr o m H o u s t o n , T e x a s , t o S a b in e R iv e r a t L o g a n s p o r t (o n H o u s to n
A S h r e v e p o r t H R . ) , 191 m il e s .
R e o r g a n i z e d In 1 8 0 0 w i t h o u t f o r e c l o s u r e .
S t o c k 5 1 , 0 2 0 . 0 0 0 . rtf w f i l c h 5 1 . 0 1 8 . 2 0 0 o w n e d b y S o . P a « . C o . , w h i c h h a s
g u a r a n t e e d 1 2 ,1 0 0 ,0 0 0 o f t h e b o n d s , p r in c ip a l a n d I n t e r e s t , b y e n d o r s e m e n t ,
rc H O r v im r t h e r i g h t t o r e d e e m t h e m a t 1 0 3 a n d H it . o n n i x m o n t h s ' n o t i c e
D i v i d e n d 1 6 ? i j > a l d In 1 0 0 2 - 0 3 n u t o f a c c u m u l a t e d s u r p l u s .
G u a ra n ty
V
70. p . a i l : V 71. p. 230.
Y e a r 1 9 0 5 0 0 . gl'O SS, 5 1 . 3 2 2 , 4 1 8 ; n o t , $ 5 0 7 . l o 2 :
c h a r g e * . $ 2 0 1 ,4 8 8 ; b a l , * u r .. 5 3 0 5 ,0 1 4 .
( V . 7H , p , 2 3 8 4 . )

J u ly
S ept
M ur

H U N T I N G D O N A B R O A D T O P M T . R R * A C O A L C O .— O w n s fr o m
H u n t i n g d o n , P a . , t o M o u n t D a l l a s . P a . . 4 5 r n l lc s ;
b r a n c h e s , 22 m llr * .

N.

H O U S T O N A B R A Z O S V A L L E Y R R .— O w n s A n c h o r t o V e la s c o , T e x a s .
2 0 m ile s .
T o b e e x t e n d e d fr o m A n c h o r a b o u t 1 0 0 m ile s , w it h b r a n c t i t o
H o u s t o n . 2 0 m ile s .
S u c c e s s o r o f V e la s co B r a z o s A N o r t h e r n , fo r e c lo ic d
O ot. 1006.
V . 8 3 . p . 1038.
C o n t r o lle d b y B . F . Y o a k u m ,o f S t . L o u is &
S a n F r a n c is c o R R . . a n d a s s o c ia t e s .
I n c o r p o r a t e d A p r il 1 0 0 7 .
S lo c k ,
$ i2 o .« o o .
T exas UR
C » m m , h i S e p t . 1 0 0 7 a p p r o v e d i s s u e o r 5 2 , 0 0 0 .0 0 0
bon ds.
Y e a r 1 9 0 5 0 6 , g r o s s , $ 3 3 ,2 4 1 ; n e t . 5 1 .2 9 4 ,
( V . 8 5 . p . 7 9 3 .)

June

do
do
do

do
do
do

K eh 1 1 05 7
J a il 2 5 . 0 4 . 1 %
J a n 2 0 'o n 3 M
S en t 30 1020
K e ll
1 1023
M a r 31 182 3
T O D o o 1 1011
A d i II US O c t '2 1
M ay
1 1032
M n r 2 *0 8 3 4 %
J im 1 0 0 a 2 %
A p r il 1 1051
D ee
1 1950
J a il
1 1051
Jan
l 1951
M nr
1 1 05 1
A p r il 1 1951
J u ly l 1050
.I n n
1 1051
Aug
1 1921
A p ril 1 1 952
D ec
l 1050
N ov
l 1953
Aug
1 1951
J u l y i 1051
J u ly 1 1031
J u ly 1 1333
J u n e 15 1951
J u n e 15 1 95 1
D eo
l 1951
Aug
1 1051
Jan
1 1951
J u ly 1 1 952

S T O C K . — C o m m o n , 5 * 1 0 ,0 0 0 ,0 0 0 . a l l o u t ; 6 % n o n c o r n , p r o f . , w i t h p r e f e r
e n c o a ls o n s t o a s s e t s ,a n d c o n v e r t ib le a ft e r J u ly 1 1 0 1 1 In to c o m m o n s t o c k
n t 1 1 0 , a u t h o r iz e d Issu e 5 1 0 .0 0 0 ,0 0 0 ; o u t s t a n d in g $ 5 ,2 5 0 ,0 0 0 .
P ar 5100.
V . 8 2 . p . 8 0 4 ; V . 8 3 . p . 1460.

D I R E C T O R S .— C h a rle s B A le x a n d e r , R . M . G a llo w a y , I I. R . W ils o n
a n d A , H . G l l l a r d , N **w Y o r k ; R a l p h W . I l t c k o x , C h a r l e s G . H t c k o x a n d
J a m e s I I . H o y t , C l e v e l a n d ; I*. \ V , H u n t i n g t o n . N . M o n s a r r n t , S . P . B u s h .
R.
S . W a r n e r , r . n . S h e ld o n a n d W illia m N . O o t t , C o lu m b u s , O .— (V . 8 4 .
p. 1 3 6 6 ; V 8 5 , p . J J 9 , 3 3 0 , 6 0 0 , 7 1 7 , 7 . U , 8 0 4 . )

H O U S T O N B E L T L IN E A T E R M I N A L R Y . — T o b u ild a t e r m in a l lin e
In a n d a r o u n d H o u s t o n , T e x . . 2 0 m lJ c s , w i t h la r g e p a s s e n g e r te r m tn n lu .
C o n t r o ll e d b y f o u r p r o p r ie t a r y ' r o a d s , v i z . , C o l. S o u t h e r n . N e w O r le a n s A
P a c ific (S t . L o u ts A S a n F r a n c is c o ) , T r i n it y A B r a z o s V a lle y (C o l. S o u t h ­
e r n ) . S t . I • o ijls B r o w n s v l l l o A M e x i c o a n d G u l f C o l o r a d o A S a n t a F o ( A t o h l
so n s y s te m i.
I n c o r p o r a t e d A u g . 31 1 0 0 5 w it h 5 2 5 ,0 0 0 ( n o m i n a l ) s t o c k .
T h e 5 i o f 1 0 0 7 ( 5 5 ,0 0 0 ,0 0 0 a u t h o r iz e d Issu e ) a r e s u b j e c t t o c a ll a t 1 0 5 n f t c r
J u l y 1 1 0 1 7 .— ( V . 8 5 , p . 3 4 5 .)

6 g
A
D
J
7
J A J
4 g
M
A
s
4 c
M A S
b o n d . O f 1SS8

B on d s — P r in c i­
pal. W h en D u e .
Stocks — Last
D iv id en d .

0 00 c o m m o n a n d 1 5 ,2 5 0 .0 0 0 p r e f. s t o c k w ill b o I s s u e d o n

5 2 ,4 2 3 ,7 6 1
5 1 .0 1 8 ,9 7 1
(4 )5 7 0 .2 0 0
(3 )3 3 0 ,0 0 0

O F F I C E R S .— P r e s ., N . M o n s a r r n t , C o lu m b u s ; S e c , a n d T r c a s ., W .
C o t t , C o lu m b u s ; A s s t. S e c . a n d T r e a s ., A . H . G llla r d , N e w Y o r k .




%

W hen
Payable.

lo o s .
V . 80, p. 62.
A d o u b lc -iu lK * t u n n e l b a U o u n d e r c o n s t r u c t i o n
f r o m a c o n n e c t i o n w i t h t h o E r ie a n d P e n n s y l v a n i a R R . s t a t i o n s In J e r s e y
C it y u n d e r th o H u d s o n R iv e r t o C o r t lu n d t , D c y a m i C h u r c h s tr e e ts . N e w
A o r l t * „ A c o n n e c t i n g lin e b e t w e e n t h e t u n n e l s In N e w J e r s e y b t o b e b u i l t .
L a r s fP H ru n o v e r P e n n s y lv a n ia r ig h t o f w a y t o N e w a r k ; a b o h a s a g r e e m e n t
w lH i P u b l i c S e r v i c e C o r p . f o r t r a n s f e r o f p a s s e n g e r s . A c .
V . 82, p. 980.
E l e c t r i c p o w e r Is t o b o u s e d , w i t h t r a m s o f t h e N e w Y o r k s u b w a y t y p e .
I n c o r p o r a t e d u n d e r t h e la w s o f N e w Y o r k a n d N e w J e r s e y . V . 8 2 . p . 8 0 1 .

E

LATEST

Rate

A m oun t
Outstanding

A
A Standard T r C o . N Y
5 , £ o r tr. 5 5 7 , 0 0 0 , 0 0 0
4M g F
A
60
1 ,3 7 1 ,7 3 0 S e e t o x t . J
j P h il O ff. 4 th A W a ln u t S t
do
do
A
50
J
2 , 0 0 0 . 0 0 0 7 In 1 9 0 7 J
do
do
500
A
A
4 1 0 ,0 0 0
()
4 g
do
500
F
A
A
do
3 6 7 .5 0 0
4 g
do
1 ,0 0 0
O
do
1 .4 9 7 .0 0 0
6 g
A
A
1 .0 0 0
1 1 8 .0 0 0
D P e n n C o fo r I n . A c , P h il
4
A
J
1 ,0 0 0
4 6 7 .0 0 0
4H g A A O P h lln .T r .,S .D .A In s. O o.
S er tex t.
A N l ................................
M
1 0 0 9 5 . 0 4 0 . 0 0 0 7 In 1 0 0 7 M
A
s 115 U ’ w a y , N Y . A L o n d
do
100
1 0 ,0 0 0 ,0 0 0
4
A
do
J
J
£200
2 .5 0 0 ,0 0 0
4 g
A
A
o L ondon
£200
1 ,0 0 0 .0 0 0
A
D
3 )4 g J
1 ,0 0 0
1 .5 0 0 , 0 0 0
4 g J A .1 1 1 5 B r o a d w a y N e w Y o r k
1 000
2 .4 9 9 .0 0 0
do
do
1 4 t J A .1
£200
£ 5 0 0 .0 0 0
3g M A S
L ondon
1 ,0 0 0 A c
3 ,0 0 0 ,0 0 0
3 Hi g A A o N e w Y o r k A L o n d o n
5 .2 6 0 .0 0 0
£200
3 .4 g J
A
J B a rin g B r o t h e r s . L o n d o n
1 .0 0 0
2 .0 0 0 .0 0 0
3 4 g J A J 115 B r o a d w a y . N e w Y o rk
9 6 8 ,0 0 0
1 .0 0 0
5
F
A
A
do
do
4 g
r.oo *o 1 5 . 0 0 0 . 0 0 0
do
do
A A O
1 ,0 0 0
3 .0 0 0 .0 0 0
4 g J A I)
do
do
500 A c
2 5 ,0 0 0 ,0 0 0
4g M A N
do
do
1 .0 0 0
5 .4 2 3 ,0 0 0
do
1g F A A
5 0 0 AC
8 ,3 7 7 ,0 0 0
A
do
do
J
3 4 g J
1 ,0 0 0
4 .9 0 8 .2 7 5
3 g
J
A
do
do
J
500 A o
2 3 ,8 8 8 .0 0 0
A J
do
3 4 g J
do
1 ,0 0 0 a 1 1 , 2 8 9 , 0 0 0
5 g
J A D 15
do
do
l .0 0 0
1 .1 1 0 ,0 0 0
do
3 4 g J A D 15
do
$ *$ 0 0 .o o o
1 ,0 0 0
4 g
A
J
I)
do
do
1 .0 0 0 A c
6 ,0 0 0 ,0 0 0
3g F A A
do
1 ,0 0 0
3 .2 3 5 .0 0 0
3 g
J
A
J
do
do
1 ,0 0 0
1 4 ,6 0 2 .0 0 0
A
do
J
do
3W « J

(th e lo ite r
m a y bn e x te n d e d a t m a tu r ity ).
V . 72, p. 338: V . 71. p.
1038; V . 82, n. 568.
S u b s t a n t ia lly
a ll o f t h o b o n d s a n d s t o c k o f t h e
O h io L a n d A I t y . C o . a n d t h e W e lU t o n A J a c k s o n B e lt R y . . 18 m ile s , a re
d e p o s it e d u n d e r s a id m o r t g a g e .
V . 68. p. 823.
G u a ra n te e s K a n a w h a A
H o c k in g C oa l A C o k e C o . b o n d s .
V . 74, p. 271; V . 77. p. 2303; V . 81,
. 5 0 7 ; v . 8 1 , p . 7 8 1 ; a ls o C o n tin e n ta l C o a l C o . b o n d s .
V . 7 5 , p . 407, 087
e e a ls o S u n d a y C r e e k C o . (w h ic h o p e r a t e s p r o p e r t ie s ) u n d e r “ I n d u s t r ia ls .1

5

|Vo-i,. i.xxx vi.

*06.
4
l
7
0

o
5

AN N U ALR E PO R T

'9 7 .
o
o
6V* 7

o
5

*98.
o
6

*91).
5
7

I
6

o
3H

o
7 K

— R e p o r t f o r 1 0 0 6 w a s In V . 8 4 , p .

Dross.

N et.

interest.

’o o ,
*0 1 .
o
7 J a n .. 3 ft
1426,

D ividen d s.

5 8 4 1 ,3 4 9
5 3 1 2 .3 0 3
5 1 0 6 ,1 9 0
5 1 5 0 ,0 0 0
7 0 7 .4 6 7
3 5 3 ,1 5 3
1 0 6 ,1 0 0
1 1 0 ,0 0 0
8 2 , p . 1 0 0 , 4 5 2 , 9 8 6 , 1 2 0 7 : V . 8 4 . p . 3 3 0 . 1 4 2 1 , 1 3 3 1 .)

1031.

Balance.
5 3 0 ,1 1 5
1 3 6 .9 6 3

I B E R I A A V E R M I L I O N R R .— S a lt M in e J u t io . t o A b b e v ille . L a ., 16
m ile s .
S t o c k , 5 3 0 0 ,0 0 0 . o f w h i c h 5 2 9 8 ,6 0 0 o w n e d b y M o r g a n 's L o u is ia n a A
T e x a s R R . A S S C o . (S o . P a o ,).
B o n d s . 5 3 2 2 .0 0 0 M rst m o r t g a g e O s , d u o
A u g. 1043.
Y e a r 1 9 0 3 - 0 6 , g r o s s , 5 7 3 ,0 8 6 ; n e t , 5 2 1 , 5 5 6 ; o t h e r I n c o m e ,
5 7 .8 7 2 ; c h o r g c 8 , $ 1 7 ,3 3 4 ; b a la n c e , s u r p lu s , 5 1 2 ,0 9 5 .
I D A H O A W A S H I N G T O N N O R I H E R N R R . - O w n s f r o m M c G u i r e 's S t a ­
t i o n , I d a . , n o r t h e r l y t o N e w p o r t . W a s h . . 51 m . ( o p e n e d N o v 2 5 1 9 0 7 ) . w i t h
c i a g s t o n e b r a n c h . 6 rn .
E x t e n s i o n p r o p o s e d d o w n t h e P c m l d 'O r c l U o R i v e r
t o th e B r it is h C o lu m b ia lin e .
C o n t r o ls P e n d d O r e ille R i v e r N n v . C o .
C o n t r o lle d b y th e s a m e I n te r e s ts a s th e S p o k a n e A I n la n d E m p ir e (E le c t r ic )
R y.
S t o c k a u t h o r i z e d . 5 5 .0 0 0 .0 0 0 ; o u t s t a n d i n g . 5 1 ,0 7 8 .8 0 0 ; p a r , 5 1 m ).
B o n d s a te s u b je c t t o c a ll, a n y o r a ll, a t 107 4 , fr o m M a y l l o l 2 t o M a y I
1 9 1 7 , a n d t h e r e a fte r a t 1 0 6 ,
V . 8 5 , p. 1339.
P ro*. a n d T r c a s ., F . A .
I H a c k w c ll; S e e . . J o lm T . M c D e v l t t e .
O f f i c e , G O Our d 'A l e n e , I d a h o .
( V 8 3 . p , 1 3 3 9 .)
I L L I N O I S C E N T R A L R R — {See M a p . ) — R O A D . — O p o r a t e t i f r o m C h i ­
c a g o . I I I ., s o u t h e r ly t o N o w O r le a n s . L a . , 9 1 2 m ile s , a n d w e s t e r ly t o S io u x
C i t y . l a . . 5 0 9 m i l e s , w i t h n u m e r o u s b r a n c h e s , v i z . (• w h i c h s e e . )
Hoad owned In fe e .
M ile s. I „ Lea
M iI li te s%,.
........ ..sed —
, C
w on
v . . trol
. r w . ow ned.
C h ic a g o t o C a ir o , I I I , . . )
E v a n a v . L in e ( O h io V a l. R R ) . .
139
C c n t r a ll a , I I I ., t o E a s t ) M a i n
7 0 6 M e m ., r e n n ., t o G r e n a d a . M is s .
100
D u b u q u e , l a ............ . . J s t c r a .
Y a z o o A M is s is s ip p i V a l . R R . ,
D u b u a u c A S i o u x C i t y * . ...............
730
M e m p h is t o N . O . a n d b r s . . . 1 ,2 3 9
S p r in g fie ld t o E a s t S t . L o u is .
tX ,l.o n & T e r r e ( ( a u t o .
239
I II . ( V . 7 1 , p . 6 4 7 ) ...........................
En tire slack owned.
B r a n c h e s .....................................................
nno
P e o r i a , H I ., t o K v a n s v l l l r , D i d . ,
w i t h 6 - m i l e b r a n c h ........................
231
Operated under eonirui t
I ra sed — Control owned.
T e n n e s s e e C e n t r a l (s e e b e lo w )
85
C h ic a g o S t. L . A N . O . R R .
Trackage—
C a ir o . H I ., t o N e w O r le a n s —
3 4 7 O liv e r B r a n c h t o T h e b e s . . - - .
9
L in e t o L o u is v ille , A c .
\
(O .O . A S . W . a n d b r a n c h e s ) |
T o t a l s y s t e m J u n e 3 0 1 9 0 7 . . 5 . ft 17
Of which corns, kept separate — •
Y A ZOO A M IS S . v a l . 1( R ................... 1 , 2 3 9
T o t a l I n c l u d e d I n e a r n i n g s J u n e 3 0 1 9 0 7 . .........
............
....
4 .3 7 a
H I S T O R Y . L E A S E S , A o . — C h a r t e r e d Hi D e o . i 8 6 0 .
T h e com pan y pays
t o t h e S t a t e o f I l l i n o i s 7 % (I n 1 0 0 7 5 1 . 2 2 2 . 4 7 2 ) o f g r o x s o f t b « 7 0 6 m , o w n e d
In f e e y e a r l y In l i e u o f t a x e s .
T h o C h i c a g o S t . L . A IT. O . Is l e a s e d f o r 4 0 0
y e a r s fr o m J u ly l 1 8 8 3 a t 4 % p e r a u n u m o n Its 5 1 0 ,0 0 0 .0 0 0 s t o c k d e p o s it e d
t o s e c u r e t h o leased line s iw k ,
T a x n u l l , V . 8 4 , p . 1 )3 1.
I n d l n m t p n l l * .S o u t h e r n H y . , I m l l a i m p o i l * , D i d . . t o E f f i n g h a m , I I I , , 177
m .,1 * o w m -d b u t s e p a r a t e ly o p e r a t e d .
V 7 8 , «». 2 4 1 2; V 7 9 . p . 7 3 3 , 9 6 8 ; V
86 p . 7 0 8 .
I l l J u l y lo n r , a n o p t i o n f o r 3 y e a r s f o r im r c h a s e o f m a jo r i t y o f s t o c k m id
b o n d * o f t h e 1 b u n , C e n t r a l u n i t N a s h v i l l e T e r m C o . . J o i n t l y w i t h tin * S o u t h
n e ‘dT i l H y . . w a s o b t a i n e d , t h e I II . C e n t . o n D o c . 1 1 9 0 3 t a k i n g o v e r t h e o p e r a ­
t i o n o f t h e p o r t i o n f r o m N am Ii v IIH* t o H o p k i n s v i l l e , K y . . 8 5 m , v . 8 1 . p . 1 7 2 3 .
A n e x t e n s i o n f r o m J a c k s o n , T r i m . , t o l l l r m l u g h a m . A l a . , 2 1 9 f m l e .v w a *
c o m p l e t e d J a n . 1 9 0 8 . o f w h ic h C o r in t h . M is * ., t o l l a l e y v l l l c . A l a . , 8 0 m i l d ,
a n d 3 a d d I m ile s . Is u n d e r c o n s t r u c t i o n ; b a la n c e t o b o t r a c k a g e ,
v . 83. n
890.
V - 83, p. 807; V . S3, p . 6 54 . 798,
C A P I T A L S T O C K . — T h o leased line stock Is s e c u r e d b y d e p o s i t o f $ 1 0 . ­
0 0 0 . 0 0 0 C h i c a g o S t . L o t iH A N o w O r l e a n s a t o e k .
( V . 6 3 , p . 1 0 7 1 .)
F .a r ly I n l u o i t h e s t o c k w a s I n c r e a s e d f r o m $ 6 0 , 0 0 0 , 0 0 0 t o $ 6 6 , 0 0 0 , 0 0 0
In N o v . 1 9 0 1 t o $ 7 9 , 2 0 0 , 0 0 0 . a n d In A u g . 1 9 0 2 w a s f u r t h e r H i r r e o a M t o
5 9 6 .0 4 0 ,0 0 0 , t o p r o v id e a d d it io n a l e q u ip m e n t a n d fa c ilit ie s .
H eo V . 7 1 .
P. 1066: V . 7 2, p . 2 11 . 282; V . 7 3, p . 8 2 , 138. 000; V . 7 4, p . 1308; V . 7 6.
K7)
D IV S . ]
C o m .s t k J

'

jo ?

*> ftcin e 1,1 1UUA m a p i l r c d 5 2 8 , 1 2 3 , 1 0 0 o f t h e a t o o k .

' 8 7 . '8 8 . '8 9 . ' 9 0 . '9 1 ' 9 9 . ' 0 0 . '0 1 S e p . '0 4 . 'O f l t o '0 7 .
IllU a
7
7
544 6
ft y e a r l y 5 ‘ ,
6 y e a r ly
7 y«a rb
M c h ..3 D

*02.

RAILWAY STOCKS AND BONDS.

,Jan , 1008.J

c £HTRAl
Park

rS nl Ic-CI

Transit n

Sutniay

INOR8 IS.

?IP

Station

LIBERTY
Igpm

8tutlon

X !™ n s t n tlo n

.3

Ml 1m

from

Station

often tvooo
c w e re e r

MAT

OF T H E

HUDSON and MANHATTAN
RAILROAD SYSTEM.



HAILWAY STOCKS AND BONDS.
R A IIJ IO A D S ,
M ile s D ate
of
of
R oad. Hands.

F o r explan ation o f colu m n headings, A c . , see notes
on f irst p a c e o f tables.

S iz e , or
Par
V a lue.

IN T E R E S T OR D IV I D E N D S .
A m oun t
O utstanding

ir ig n

R ate
%

P a g able.

Illinois C e n t r a l R R — ( O o n c l .) — Iow a F a lla A S i o u x C l t y — S e c stat em en t o f D u b u q u e A S io u x C U y.
Illinois I o w a A M in n — 1 s t M 5 5 , 0 0 0 , 0 0 0 g o l d r e d . I C .c *
125 1004
1 ,000
2 ,8 2 0 .0 0 0
3 g
M A
I l lin o is S o u t h e r n — 1st M c o l d $ 5 . 0 0 0 . 0 0 0 ............... E C .c *
132 1903
l .000
4 .4 0 0 ,0 0 0
4 g
.1 A
llU n o la T e r m i n a l — l * t M $ 5 0 0 ,0 0 0 g o ld r e d p a r _____1C T e a t .
1U05
1.0 0 0
430 ,000
A
J
» t
. Illinois T u n n e l C o — S e c C h i c a g o S u b w a y C o .
Indiana I l lin o is A I o w a — S c o C h i c a g o I n d i a n a A S o utbern
In diana D e c a t u r & W e s t e r n — S e o C ln In d A W e s t e r n
In d ia n a H a r b o r lic it — NC W m o r tg a g e $ 2 5 .0 0 0 ,0 0 0 . U
1907
2,600,1)00
3 g
J
A
C l d c H a m & W fir s t m o r t g a g e g o ld a s s u m e d - . c * A r
2,748 1897
300 A c
2,51)0,1)00
6 g
A
J
M lC h C A T e r m 1 s t M . .................................................... r A i
1896 1,000 Ac
723.000
J
A
4
g
V I n.,
I n d i a n a p o l i s * L o u i s v i l l e — S e e C h ic a g o I n d i a n a p o li s
I nd la ua po lls S o u t h — 1 s t M r e d 1 1 0 t e x t g _ . U s m .c * A r
. . . 1903
1.000 In I C treas.
A
J
6 g
I nd ia na po lis U n — 1 s t M g o ld a f n o t c a l l a b l e ____F P .c *
93 1886
1.000
040 .000
4 >4 t! M A
G o l d n o te a p a r t d u e y e a r l y g u a r a n t e e d t e x t ...............
—
1004
5.000
243 ,000
4 g
M A
I n t e r b o r — M c t r o p o l C o — C o m s t o c k $ 1 0 0 ,0 0 0 , 0 0 0 a u t h
P r o f s t o c k 5 % c m (a ls o p r o f a s t o a s s e t s ) $ 5 5 , 0 0 0 , 0 0 0 .
C o l l t r b o n d * g s e e b y I n t R T r s t o c k .....................c * A r
C o ll t r u s t n o t e s $ 1 5 , 0 0 0 , 0 0 0 g o l d c a l l 1 0 2 .
.
M e .c
I n t e r b o r o u g l i R a p id T r a n s i t — S t o c k $ 5 5 , 0 0 0 . 0 0 0 _____
N o t e s $ 1 5 , 0 0 0 , 0 0 0 a u t h o r iz e d g o l d r e d e e m a t p a r .
N o t e s $ l O .O im .o u o g o l d re d a t 101 b e g in lu u o
Mo
I n t e r n a t i o n a l A G r e a t N o r t h e r n — F ir s t m o r t g a g e g o ld
S e c o n d m o r t g a g e g o l d ............................................................. F .o *
3 d M ( $ 3 . 0 0 0 , 0 0 O ) . f o r m e r l y I n c . In cl s c r i p , g . M e . c *
C o l o r a d o B r id g e b o n d s s i n k i n g B i n d ................................ F
l a t e r o c e a n l c R y o f M e x ic o — O r d s h a r e s £ 1 , 7 0 0 , 0 0 0 . .

Preferred shares 7 Vo cumulative £ 1 , 000,000 ____

.

P r io r H en d e b s u b j t o c a ll a t p a r a f t e r M a r 1 1 8 0 7 . .

4 % d e b e n tu r e s to c k s u b ) t o c a ll a t p a r £ 1 ,1 5 0 .0 0 0

120

D e b e n t u r e s t o c k 7 % '* B r' s u b j t o r a il
n o n -c u m
S e c o n d d e b e n tu r e s to c k red a t 10 5 a fte r 10 11 te x t
M c x K d e b s to c k £ 4 5 0 .0 0 0 g u a r red a t 105 b eg 10 14
t o w n C e n t r a l — 1st W 5 7 . 0 3 0 , 0 0 0 g ( V . 4 9 , p .5 8 2 ) M c . C
R e f u n d i n g M $ 2 5 , 0 0 0 , 0 0 0 g o d (s e c t e x t K M o . C * A r
I o w a A N o r t h w e s t e r n — 1 st M $ 0 , 0 0 0 , 0 0 0 g o ld
J a c k s o n v i l l e T e r m — 1 s t M g o l d g u a r $ 3 0 0 , 0 0 0 . M p .c *
J a m e s t o w n C h a n t A L E — Sea B u f f a lo A I .a k c E r ie
J e f f e r s o n — 1 s t A 2 d M s e x t In *87 A ’ 8 0 ( I l 'd a t o B r ) . . c
1st M C a r h o n d a le t o S d e p o t g o ld g u a r p A L . F P . c *

ILLIN O IS CENTRAL

RR.

....

...
T e x t,

. __
...

1,109
1,100
1,100

...
...
...
...

_
...
6-11
16
T ract
8
37

....

100
1,000 A r
1.000 A c
100

....
____
....

1 .0 0 0
500 A c
500 A c
500 A c
1,000
£10
£10
£50 Ac

1906
1007

1906
1907
1879
1881
1892
1880

....
....
....

(Concl ude d) —

Lou 13till* D iv is io n A T erm in al mt(je. Is fo r $23 ,000 ,00 0; o r th o b o n d s
$ 1 . 1 1 2 .non w '-rc reserved lo p u r o h a w (h e 46 in. (Cffrtlhi hr,I fro m L ou isville
A N a sh ville a n d t o retire th e I,. A N . b o n d s th ereon . C h ica g o S t. L ou is A
N ew O ricapx to o k title t o th o l.o n ls v . D lv . a n d Joined In m a k in g n u g o . See
V . 8 8 , p. 133, fo r a b s t r a c t ; also "S u p p le m e n t ." o f J a n . 1800.
V 63 >>
367 . 51 A; V 68. p . 133; V. 67. p. 381 ; V . 75. p. 6 7 !.
*1
O f th e $ 4 ,0 0 0 ,0 0 0 L itch field D iv isio n b o n d s. $7C57)00 aro reserved for
I m p r o v e m e n ts , A c .
v . 7 1 , ;>• 8 4 7 , 840; V . 7 9 , o . 2
T h e purchased lines 3 V4s o f 1904 ($ 2 0 ,0 0 0 ,0 0 0 a u th orized ) c o v e r various
m in o r lines a c q u ir e d . O f the b o n d s. $14 ,6 6 2 ,0 0 0 h a ve been Issued on 7 3 4
m . o f su b sid ia ry bra n ch lines p u rch a s e d , an d th e rem ain ing $3 ,3 3 3 , 0 0 0 Is
reserved t o retire a t m a tu r ity $ 0 0 8,00 0 b o n d s o f th e K an k ak ee A S o u th ­
w estern d u e 1021 (see b o n d t a b ic a b o v e ) a n d $ 4 ,370,000 b on d a o f the Ohio.
M ad . A N orth . (231 m .) , w h ich nro pled ged fo r th e colla tera l trust -lx o f
1022.
(See V . 7 1 , P. 288 ; V . 7 0 . p . 1273, 1642, 2888; V. 8 ! , p. 1105.)
N ew P resid en t. — fn N ov. 1006 vice Pres, llaralum was elected President

In p lace o f fltuyvetant Fish. V 83. p. 1170. 1037. 070; V. 84. p. 51. Con­
test pending In 1007; annual meeting postponed to M a r.2. V . 85. p, 1082.
1270. 1376
E A R N IN G S .
3 m od ,, 100 7............ G ross. $ 2 4 ,8 0 0 ,2 0 2 ; n e t. $ 5 ,808,870
J u ly l t o -N o v . 30 .
J1 9 0 6 ............ G ross,
22,98.1,607; n e t. 6 ,3 65.087
R E P O R T .— A n n u a l m e e tin g Is bold the th ird W e d n e s d a y In O cto b e r
R e p o r t for 10 0 6 07 w as In V . 83. n . 785 , 707; e d ito ria l, p . 761.

T h e following does not Include Y a x o o A Mississippi valley:
Y ea r ending J u n e 3 0 —
1007.
1006.
lo o s .
Miles operated June 3 0 . . . ..............
4,371
4,450
4,374
Passenger earnings...................................$11,187,533 $10,004,041 $10,720,825
Freight earnings..........................................38.033.271 34.637,124 32.607.022
Mail, express and m iscellaneous_____ 7.380,820
6,093,240 6.170,002
Operating expense* ..ml ta x e s.-

$36,610,033 $31,636,405 M ll.30A .ni0
(0.065,525 36,437,470
9 3 ,1 11,7»n

N et earnings_____________ ______
Net receipts from Interest. 4 o ____
Miscellaneous............................... .........

$16,615,108 $15,198,935 114,390,049
3,255,398
. 2.813.968
2.730,020
.
4.607
1,591
2,488

Total receipts. . .......................... .. .$ 1 0 ,3 6 3 ,6 8 3 $ 18,435,924 $ I 7 . 158.451
Interest on Illinois Central bonds____ $3,462,303 $3,467,340
$3,431,035
Int. on Chic. St. L. A N. O . b o n d s ...
2.463 .2 7 2
2.431.587
2.413 060
Rental Dubuque A Sioux City IU t___
1,238,460
1.187,400
571.243
Net rental St. L. A . A T . H . ...............
507,463
307,405
307,435
Miscellaneous.................................. ................................................. ................
08.336
Dividends on Illinois Central s t o c k .. (7)6 ,6 5 2 ,8 0 0 (7)6.632,800 (7)6,632,800
Balance, surplus............ ............ .. . . . $5,034,201
$1,200,530
$3,482,342
Y A Z O O A M ISSISSIPP I V A L L E Y . — Results on 1.239 miles In 1U06-07.
It2 II miles lit 1005-06. Sec report at length, V . 8 1 , p, 783, «M
Y ea r—
O ra n .
N et.
Other Inc. Intrrcst.A c. n<U..snr
1 0 0 6 -0 7 . ................. $9,400,650 $1,426,684
$1,750 $1,337,227 $ 7 1 2 0 7
1905-Q6 .................
8.671 .2 3 0
1.312,268 1.300
1.384,311
20 617
Balances In 1003 and 1006 were transferred to Insurance fund.
No pay­
m ents were in n d e ln io o i to 1007 to 111. Cent, ns owner of entire $0,104,000
Loulsv. New Orl. A Texas 2d M. Inc. bonds on ncct. of arrears of int. (16.
361.230) no July 1 1007; *277,712 paid from C A M * Of 1902-03.
V . M ,D . 990.
O F F IC E R S .— P m s.. James T . Hnmlian, V , P .. I. 0 Hawn; V . p and
Sec., A . G . Ilack-d a IT: Trend., E, T . II, Gibson: Gen. Mgi\, Frank B
llnrrlmnn. GyneraJ
-- - ■- orflpo.^Chicago,
—
. ....••IJ. I ,, III.j_N
I I . , . . .. Y
A .. Office.I ■
113
•
Broadway.
Directors^— W alther Luttgcn. John w . AUOhloeioes, j . t . itarahan.
C harles M. B ea ch ,. C ornelius
leltua Vanderbilt, Stuyvcsuuifc Fish. Edward I f . iintTlm an.
Cbhrivs A
a . I’nnhodv.
m a m m y . R.
n. W
*» . Ooglot,
. . . . . . James
........ ... Dr VV.
an, John Jacob Astor, Charles
Cutting. A . G. Hnck.sinf, and cx offlclo Hon. Charles S. Dotieeu, Governor
of Illin o is .--(V . 35. p. 7 8 8 .7 9 3 . 797. 1082. I27'», 1376.)
ILL . IO W A A M IN N . R V #— See Chicago Milwaukee A GaryRjr. and map.
ILL IN O IS SOUTHERN R V .— Owns Salem to Bismarck (Including River
Transfer. 1 m ile). 122.86 m .: Chester branch. Missouri Jet. to Chester. 10.70
m .; Rosborough branch, Sparta to Rosltorough, 3 m ,: total owned, 138.36
m .; leases III. Cent, trackage, Branch Jet. to I. O. J e t ..2.75 m .; total. 141.31
m. Successor June l 1000 o f tho Central!* A Cheater R R ., foreclosed.
V . 70. p. 1043! V . 71. p. 29. Stock, coin.. $4 000,000; 6 % rum . prof..




W here p a y a b le , and bg
W hom ,

B on d s — P r i n c i ­
p a l. When D u e .
S tocks— Last
D ivid en d .

S N ew Y o r k o r C h icago
l> N ow Y o r k
D eo
J Illinois TY A S n v B k . Chic Jan

J N ew Y o rk

J

A_

S T re a s u re r. In d ia n a p o lis

J u ly 1 '07' i i i «
A p ril l 1936
J u ly 1 l in n
B c lm c n t A C o . N ew Y o rk Jan 2 '0 8 2 V*' %
M ay 1 1908
do
do
M ch 1 1910
do
do
N o v 1 1019
O ffice, 195 B 'w a y , S Y
S e p t 1 1909
do
do
S ep t 1 1921
S ee rem arks
M ay l 1920
O ffice, 105 B ’ w a y , N Y
W in d s o r T r u s t C o . N \

London

D e e 2 i *07 9 >tT4
Mar 91 1012

S ept
1 !v Mr 11)0(1-1007
1000
D 15
Jan
A l> M ercantile T r u s t C o. N V* J u n e
A
S
Mar
A
J C a rn egie T ru st C o , N* Y Jan
A
J d u a r a n iy T ru st C o , N Y J u ly

A
A

1 1037
1 10 27
1 lo ll

J u ly 1 1059
M ay 1 1020
S e p t 1908-1910

N F id e lity T r u i t , Phlln

7for'ix; \>7
J A
J
M
J
J

1 1053
2 1020

J N ew Y o r k
•lily
J C en tral T r u s t C o , N V
Jan
J H og (it ( J S C : c p n t U T r J u ly

4 3 ,3 8 0 .3 0 0 S ee t o i l .
Q— J
6 7 .8 2 6 ,0 0 0
Q
4H g A
S ee te x t .
A
4 If
-I
J
3 3,000 000 u In 1U07
O -J
15 000 ,000
4 g
M A N
10,000.000
5 g
M A
S
11,291.000
6 g
M A N
10,391,000
5 g
M A S
2 .9 6 6 .0 5 2
4 g
M A
8
198,000
7
M A N
£ 1 ,7 0 0 ,0 0 0
£ 1 ,0 0 0 ,0 0 0 See t e x t . See t e x t
£ 4 0 0 .0 0 0
5
J
A
.1

£100
£ 4 0 9 .4 5 9
7
£ 1 0 0 £ 1 .1 6 0 ,0 0 0
£100
£ 4 0 0 ,0 0 0
5
1,000
7 .6 3 0 .2 9 6
5 g
1901
1.000
3 .3 1 0 ,0 0 0
4 g
1,000 S ec text
6 g
1894
1.000
5 00 ,000
3 g
Ion C o In " S t r e c t R a ilw a y "
1867
1,000
3 00 .000 4 .4 A 6
___ 1,000
2 ,8 0 0 .0 0 0
3 g

B O N D S .— Main Hue 515,000,000 m tge. of 1874 covers property described
In V . 83, p. 70. C a iro bridge bonds arc secured by deposit o f a like amount
o f Chicago St. Louts A New Orleans 1st M. Cairo Bridge 5s. The rental for
the bridge Is 3180,000 in gold annually, o f which $20,0130 goes to a sinking
fund. Sec a d v. In ‘ 'G hfonkTe" May 7 1802.
T h e trust bonds o f 1880 are secured by deposit o f $3,205,000 Chicago St. L.
A N. O. consols o f *81, and are to be Included In any new nilgo.
T he collateral (rust how ls o f 1052 are secured b y pledge with the U. S.
Trust Co. of New York o f $10,350 0 (0 3 % 1st m ortgage gold bonds of
subsidiary railroads covering 854 inllcs. Sets list, V. 35 p. 530.
T h e $33,000,000 collateral trust bonds o f 1053 arc secured by pledge o f all
the Loulsv, N. O, A Texas (now Y azoo A Mississippi Valley H R .). $15,.
000,000 1st m tge. bonds, except $38,000, all the $0,104,000 mtge. lucomes
and all but $08,000 o f the $10.000,Ooo land grant Incomes. Seo adv. In
•'Chronicle'* Juno 11 1802. and V . 54. p. 084; V . 81, p . 112.
T he C hicago 67. L ou is A N ew O rleans have their Interest guaranteed (by
endorsement) until the principal is paid. The 3 Ha o f 1807 arc guar., prin­
cipal and Interest, by endorsement— see guaranty V. 35. p. 1071.
T he W estern L in es loan of 1804 Is for $10,000,000, but $4,373,000 nonds
can be Issued only when the road from Iowa Falls to Sioux City, 184 miles,
now subject to $2,800,000 o f Iowa Falls A S ioux City bonds (see Dubuque
A Sioux City R R ,) clue In 1017, shall be transferred to the trustee without
encum brance. See •'Supplement** o f Jan. 1800.
T he at, L outs D iv is io n A T erm in al bonds are for $15,000,000 authorized,
o f which $5,000,000 arc three per cents; $3,500,000 were Issuable for Im­
provem ents. equipm ent. A c., and 51.400,000 arc held to retire $1,400,000
underlying bonds still outstanding on the St. Louis Alton A T . H. system;
see tabic above. See abstract o f mortgage In V. 85, p. IJ8. See also V.
•8, u. 133; V. 71 p. 646.

I Voi.. I.XXXV).

j F id elity T ru st C o . Phlln Ju ly
O Erin B R . Now Y o rk
Jan

15 1950
1
1
I
1
1

1984
1938
1961
1988
1039

l 1927
1 1909

$1 0 00,000 ; par, $ lu 0 , all issued. O f the bonds, $600,000 was reserved
<or Improvements ami equlomcut in 1906-08 at not over $ 200,000 yearly.
V . 79. p. 500.
Equip, notes, Incl. Int. July 3 0 1 9 0 6 , $105,301.
For 12
mos. end. June 3 0 . gross. $330,556 In 1906-06, against $278,929 In 1004-05.
R E P O R T , - l or year ending June 30 1905 In V . 8 2 . p. 158.
Jn 1003-06,
gross. $331,034; n et, $111,312; total deductions. $510,180; b a l., dof.,
$98,808.
Pres., J. W . W alsh; Sco, and Trens., C. F. W elnland; A u d ..
A . F. W illiam s. Office, Grand Cent. Station, Chicago, 111.— (V . 82. p. 138.)
IL L IN O IS TE R M IN A L R R .— Owns terminals at Alton . III., and road,
Alton to Hartford. 111., 6 miles: Hartford to Edwardsvlllc J ot,. 7.1 m .;
leases from Wabash R R .. RUworusvIlle Jet. to Edwardsvllle, 1.6 m. Stock,
$500,000; par of shares. $100 . Of the bonds, $130,000 are reserved for
future purposes. V . 79. j ) . 2203.
Bills payable June 30 1007, $21,500.
Year ending June 30 1907, gross, $125,373- net, $5 9 ,6 6 5 : Interest, taxes
At*., 1 3 5.368 ; b a l., stir ,5 2 4 ,1 0 7 . Pres., Geo. M Levis.— (V . 7 9 , p. 2205.)
IN D IA N A IL L IN O IS A IO W A R R .— Sco Ohio. Ind. A Southern R R .
INDI ANA H SkH oR BELT RR. O w n s W hiting. 1m l.. to Blue Inland,
III., 14.3 miles: McCook to Franklin Park. III.. 10.5 m .; Chappell to Union
Stock Y d s ., Chicago, II 2 m .; H am m ond, Ind ., to K. Chicago, Granselll,
In d ., 11.5 m .; W olf Lake Unit In Cook C o., III., 2 tn.; total owned, 4 9.5 in.;
operator Jointly Chicago Term. Transfer R R .. Blue Island, HI., to McCook,
13.8 m .; ml.se. trackage, 40 m .; total. 109.3 m . N ov. 1 1007 acquired
Clile. June. R y ., Included above. V . 8 5 . p. 1270. 1209; V , 8 6 , t». 108.
Stock outstanding. $2,450 ,0 0 0 , all owned by Lake Shore A M idi. Sou.
and MIeh. C ent., which guarantee the bond). O f the bonds ($ 2 5 ,0 0 0 ,OOu
authorized Issue). $ 2 , 500,000 arc- re,server! to re tiro the Ohio. H am . A
Western r.s and $723,000 for the M id;. Cent, and Term. R R . Joint 4s o f
1896
V. 86. p. 103.
(V. 85. p. 1270; V. 86, p. 108.)
IN D IA N A P O L IS SOUTHERN R Y .— Sec Sco. Apr. 1006; V . 84. p. 693.
IN D IA N A P O L IS UNION R Y .— Owns 3 miles of track, .03 of a inllo of
road, with terminals at Indianapolis. In d ., and leases for 999 years tho Bolt
R R . of Indianapolis— 1 2 H miles (which see).
Formed In I 860 and furnishes terminal faculties to the several railroads
entering Indianapolis. C A P I T A L .—Tho Cleveland Cincinnati Chicago A
S t. Louis, the Pittsburgh Cincinnati Chicago A S t. Louis and the Vandal!*
R R . aro virtual proprietors, they having Invested In It $867,017 to June 30
10 0 6 , No stock outstanding.
The $ 2 (3 ,0 0 0 4 % notes of 1004, guar. prln. and Int. by Pitts. Cln. Chic. A
S t. L. and Clove. Cln. Chic. A S t. L .. mat lire Sept. 1 yearly as follows. $83 •
ono in 1008 and san.oou In 1909 and lUK); Commercial Trust Co. of Phila­
delphia. trustee.
V. 80. p. 871.
E A R N IN G S . — 1003-06, gross, $914,036; net. $168,610; other Income.
$4,7 1 4 ; total deductions, *91.768; b a l.. «ur., $ 8 1 ,4 6 6 .— (V . 8 3 . p. 213.)
INTERBOROUCIH-M ETROPOLITAN CO.— O R G A N I Z A T I O N .— Incor*
pornted on Jan. 24 1906 ox an amalgamation (per plan V . 8 2 . p. 217, 280) of
the interborough Rapid Transit Co, and Metropolitan Street lly .
In Feb.
1907 $33,012,600 of tho $35.(100.000 stock o f the lutcrb. Rapid Transit C o.,
$12,740,000 o f tho $52,000,000 Metropolitan St. R y. stock and $ 2 9 ,3 7 3 ,10 0
of the $ 3 0 ,000,000 stock of tho Metropolitan Securities C o., its holding
com pany, had been acquired.
V, 82, p. 692.
Sea lnt<rhnrou*h Rapid
Transit Co. below ami Metropolitan St. R y . In "S tr e e t R ailw ay" Section.
Favorable decision, V . 85, p. 99. 6 .1 1 . investigation by Public Service
Commission. V . 83, p. 2 2 1 .4 6 9 , 7 9 3 . Ill Sept. 1007 reeelveis were appointed
for the Metropolitan Street R y. and of Its lessee, the New York City R y .,
whose stock Is all owned by the Metropolitan Securities C o., the Metropolitan
Street R y. dividends being suspended. V . 85, p. 7 03, 804.
ST O C K . —The unissued sicok Is reserved for stocks not depoMted.
The preferred stoek has no voting power except In default of payment of
dividends thereon or unless the director* so request.
V . 8 2 , p. 2 1 7 . 280.
D IV I D E N D S .— Dlv. on pref.. I tf % qUAT.. paid July 2 1006 to July 1907
Inclusive.; In O ct. 1907 the dividend was om itted.
V . 83, p. 6 «<),
V O T IN G T R U S T .— All the common stock Is deposited under a voting
trust agreement to Mch. 6 1 9 1 1 , subject to termination In the discre­
tion of the voting trustees, v iz.. August nclm ont, W alter a. Onkman.
Thom as F . R yan. Cornelius Vanderbilt and Peter A . B. W ldener.
B O N D S .- The collateral trust 44** o f 1906 (Windsor Trust C o., N . V ..
trustee) are to be scoured by pledge of all tho stock of the 1 run borough
Rapid Transit Co, or voting trust certificates therefor ns acquired at the rate
of $ 1,0 0 0 tn bonds for $300 Interborough Rapid Transit stock, V. 8 2 , p. 280,
In July 1006 made a $ 600,000 live-year 0 % mortgage covering property In
218th S t. V . 83, p. 98.
Tho collateral trust .1 year 3 % notes of 1907 ($1 5 ,0 0 0 ,0 0 0 , authorized
Issue) can bo Issued only pro rata a*, tho collateral mentioned (V . 8 4 .
1248) In the deed o f trust. Is deposited, Collateral may be withdrawn on
deposit of an amount o f cash an ilxed by tho deed of trust or additional notes
of Metropolitan Street Ry
There are $2,100,000 rt % note** (extended) dun
May 1 1908; other $900,01)0 paid at maturity N ov. 1907.
V . 8 3 . p. 1401.
R E P O R T . -Statem ent o f romhtnrd operation# of the Inlet borough Rapid
Transit and New York City R y . system s for year ending March 31 iuo7 in
V . 8 4 , p. 1242. Balance sheet sep t. 30 10 0 6 , V. 8 3 , p
■
. 1409.
Fiscal Year
1006-07
1905-06.
Charges.
Grow earn in gs. ........................... $ 1 3 ,3 5 3 ,8 4 1
i " c . ,2.(im ),i7n
Operating expenses........................ 21.841,884
21,044,516 Inc.
707,366
Net ca rn ln m .................................$21,311,057
Other Income ................................
1.147.464

•".’ ■ S JM !!

l!1’’ SM 93.80 2

TolAlIncom c ........................ _ .$ 2 2 ,a n ii,l2 l
♦InterM t. rental* and tA .v » .
$l7,ur>o,BS2
Int. (4 t) "M Oil l o t .M e l , bonds. 3,130,000
Matron. St. K y. ifuar. d l v * .. . .
nod,388
I n t .M e t. &% nref. dividend. .
2.273 ,0 0 0

120,994,09 ft

Inc.,t ,894,485

D e f i c i t . . . . . . . ..................

I.2 I5 .7 M

,1 ,9 4 7 .4 8 0

•Tax** dn not Include Metropolitan xpeolal
a Dividend.

Deo

7(1,317

02,8 0 0 ,0 0 0
2 ,620,888
.....................

! " « . * « . iV b m
lni!.
850,000
Dec. 2 ,0 7 3 020
Inc. 2 ,2 7 3 ,QUO

92,9 4 1 ,8 7 9

D o-.

4004.380

tux In tklcatlOu.

J

a n

..

1008.




RAILWAY STOCKS AND BONOS,

73

INOIS CENTRAL
SYSTEM.

74

RAILWAY STOCKS AND BONDS.

O F F IC E R S .— Prcm., T . P. Shunts. 115 It roadway. N , Y .; V . P J
M&DouuM.— (V . 85. l). 221. 400, 350. BOO. 7 83. 804.)
1 J

U
"

I.N TE H IlO kO tintl R A P ID TR A N SIT CO.— O R G A N IZ A T IO N
IneorPPIAl'd May o lo o s In Now \orIc, to operate the muntelna) tunnel [tit In
N . Y . C ity, cxtemllnit, with two IratTts, from nattery to City Rail am! ,TJ «
foi'r-traclt line-from tilt! City Mall (with two-lraek loop at that p'mu) u
new Elm S t ., l outth nml Park aves., to 42(1 S t ., tlmnee under 4 ,,d st .m i
Broadway to I03d S t .; also ns two-track lines, partly viaduct, fa) from ioa !
S t ., on tho W est sid e , to Klngsbrldgo Station, (ft) from load St. to the East
bldo aud Bronx la r k .
Extension (two-track) under tho East Itlvcr via
L \ lw ? l ,a'>,lJ f !5 t f i ‘3h A vBOUes to Atlantic A v .. Brooklyn. 2 u miles, there
connecting with the Ixmic Island lilt . Portion to llrooltlyn Borough Hall
opened .Ian. IBUNjind romnlnd.x to bo about May 11 )0 8 . Total, about fl:
miles of track on 2a miles of road (of which in >, subway and 5 ^ elevated)

V . I I : S : I M .:

• “ ■ 3 : - 1 0 ,2 : V - **• "•

v-

P. 600. 854, 1005

a J?Q
*°2'*
Sloe main line from 145th Street to City Hall
s n !t, iiiWlalvPfn a s V nni 0,1 N ° v . 23 1,10 E o ,t SM « llnc fr*™ 140tS S t. south
5?. , UI-J2™ 1®2Svbc|l* n opcrallnic to the Battery and on tho East Side to
tS S S h ^ V T S la Pho extension to Ktnfabrlilgc (221st. Street) was opened
n'am.o
V m !‘.ni .fu« .hcr
to 230th St. In lt)U7. anti Is helnt?i-onUnoed to t a n Cortlamlt Park. I mile.
V 82. p. B27. 1268
1
, . Eeases Manhattan (Elevated) B y. for ODU years from Apr. 1 11)03
sea
that co. H “ a«reement with N . Y . City Interborough.St. R y ., controlled
B ^ r o S ‘n fcr? h ? hlc'' o r o n ^ ' to build^Various .Srtaro
In BranS
operated
of which 5 m . operated.
V , HO, p. 117, 117.1, 147»* v a* n
. 20 8 . In March 1000
."t” k 1w
« Vacquired.
} , ? . l h r l,vl00J
J2'0flu'uuu Subway'RealPy
utoek
was
V. 82. n
Owns stock of N . Y . -------Long Island H R .) tliu N _.
V . 8 3 . p. 818,
Also owns is. v . « Long island K B ., whoso tunnels from
I S ? City
- a .-.Xwere
:.,* completed In Aux. ’*?«*>
w u inut
e l i oner
from
Manhattan 10 Luny Island
10 0 7 , hut

!r.

nleil to Jan. 1008. owlnif to franchise dispute (V . 81. p. MU 2 ; v 8 ’ u 7 I
V . 8 3 . p. 1220; V . 84 p. 1218; V . 83. p. 3 40, 7 0 3 . * 0 4 . la id , n i s V c l h
‘'/'Ivv^Drxr'^ICIiy Ulnml U K . See security holdings, V 8.1. n. IBS
'
C O N T R O L .— In Dee. 1007 S33.0I2.IOP of the 1 3 5 .0 0 0 ,noo' stork had
f0/
•' X % collateral trust bonds of trio I ntorhoroueh
U c f? ? T K xr^S *co above), secured by tho stock exchanged.
NT1 1 A C T s ,— Contract with city calls for the construction of the road
from City Hall north for 533,000 ,000 and Its lease to tho company for 5(1
years from completion, renewable for another 25 years, tho rental to ho
•dual to the Interest ou tho city's bonds Issued for construction (but not for
easements, A c.) and a sinking fund of 1% yearly to retlro the bonds' See
provision V . 82. p. 1|37.
In Dec. 1007 35.0 3 4 .7 0 8 was allowed f a r e 1 reft
eoMstnietlon.
V. 85.
r i a l . The company also at Its own oxnenso nro
yldrd the electrical equipment (costing about 5 2 0,000 .000 ; sec V
n
~ :
' ()r contract see V . (Ill, p. 10(13. The extension from c ity fl'iift
i !2 5 S “ lV lSAaO.„a r<>0,,.l¥n ' ' ‘ . ' “ frW bu m Without aid from the city ,e xcept
ahoot 33.000 000 and leased lot 35 years with privilege of renewal for ^5
years.
V . 75. p. 181, 11)80, 12112. See V . 7 0 . p. R I I .I 2 3 4
•o p e t. 11)1)7 5 4 8,304 .050 a lly bonds bail been Issued, o f which
41-300.000 3s and 52.023,($00 4s.
’ •ft* .
July 1004. 2 % ; Jan. 1005, 3; A p r., I if ; July
B£ r k r t r a ’ * ;n&prv , J : J ".l y ■ (•'9 f ’ r . ' , ; * 0 0 7 .0
K J-J); unit
..
— T lc ,.'1 '• " otc1
*003 (W indsor Trust Co. of New
tec) will be equally secured In the ovont of the com pany exoeut
age covering tlio lcoshold Interest In the Manhattan B y , or t
. ,'.|0 '!* v Construction Co. or N . Y . A Queens Co. B y . stock. V .
1 I10 5IO.OOO.OUO 3-ycor 5 % notes of 1007, the proceeds of which wlll be used
0 c ' tcU5*,>'1 * ° Brooklyn and to 3 nance the purchase of Long
i , m 2 r .^ 'l ution.P ropertl.C9' - wl11 l " ! r,IUally secured with bonds Itemed under
?„i"lor,tri!'lfo ,n Inc event aforesahl or I tin mortgaging o f New York A Long
Island Tracilon or Long Island Electric Co. stock.
V . 8 4 , p. 450, 300,
*
E A R N I N liS .— For 0 m os. ending Mol). 31 Inn Inter quarterly reports)9 months
Gross
N il
oilier
Chortles A
tuil.wcr
ending Mar. 3 1 — Earnings. Barnlm n. Income.
Genial.
a urelus
100 0 - 0 7 . Man. P.y5li).35o,i)82 55,137,875 5307.233 54,330,083 52,125.420
lo o e -0 7 . Subway
5 .080,000 3 .187,153 270.208
1.820.110 1 028 231
10O5-O0. Man. B y . 0,303,810
3 .257,002 281.708 4.31 0 ,0 0 5
I 232 005
1003-00. S u b w a y .. 5 ,011,578
2.871.238 307.712
I 203,517_ 1,013.033
‘ '
______________

§

1000-07, T o ta l.5 1 3 .3 3 0 , 1 5 1 50,343.1130 5377.440 50,218,703 53.703^077
1005 -00 . T o ta l. 14,403,428 ..............
_ .5,530,411
8, ISO ,230 .......
502.421)
S ’ l*Sl2S0
R E P O R T .- Balance sheet Sept, 3() 10O0. V. 8 3 . p. 141)7
Results fur Years rntllna June 3 0 .
(Including elevated roads for all years -subw ay since O ct. 27 len t 1
„
1900-07.
1005-00.
1004-03.
Oroxs ea rn in g s.................................. 5 2 2 ,303.81)2
510.005.504
510,837,370
Operating expenses...........................
0,503.331
8.400,823
7,307.384
Other Income.

.1 1 2 ,7 7 0 ,4 7 1
315 .832

*11,204.771
715 ,503

*0,431) ,080
4 01 .040

T a x e s _____________________
7?4 on Manhattan stock. . .

.* 1 3 .5 8 0 ,3 0 3
. * 4 ,3 7 5 ,8 0 4
.
1.377,1)05
- 4 .1 1 0 .0 0 0

*1 2 .0 1 0 ,2 7 4
* 3 ,5 8 0 ,8 2 3
1.300.000
3 .8 0 4 .0 0 0

*0.0.11,020
* 2,443.371
1,203,731
3 .8 6 4 .0 0 0

Balance for dividends_________. $ 2 ,7 1 3 ,4 4 3

3.1.10S,891

$2.419 021

Surplus for y e a r ...........................
5380,443
5 2 8 1,3 0 1
53 7 4 ’ t
D I R i p r Q R S .- A u g u s t Belmont (Chairman), Alfred s k ltt, Morton P
Plant, Andrew Freedman, James Jourdnn. James H, lly d o, W . O Oakman
John Pelreo, Geo. W . Y oung, W in . A . R ead. Cornelius Vanderbilt New
Vorkl G. P- Bryan. New Jersey; and Gardiner M . la n e , Boston.
” W
Free., E . P, Bryan; Sec., II. M . Fisher; Trees., I). W . McWilliams
Offices, 13 21 Park Bow Building, and 23 Nassau St , Notv Vork - v m '
l>. 1307. 1300; V . 85, n. 1481; V . 80. p. 108.
K'
,V '
IN T E R -M O U N T A IN R V. -Owns Denver to Golden. 12 miles, of which
Denver to Barnum. 5 m .. Is electrically equipped and llarnum to G oldin
7
m .. ■Ia -to he slmllnrly
t'qiilpjxul.
am
------------------Incorporated Got. 211 10 0 7 as s u c i" ,
of the Denver A loler-M u im talo. a reonranlrollon of'tho"Denve” lJurewood
& (toidoii. v . <u>, p. 1210 . stock AUinoriwjd. m ,000,000.
IN T E R N A T IO N A L A G REAT NORTHERN R R .— tficc M o p M issouri P a Longvlow, 01 ! T e x . A Pno. (near Shreveport. L a .) , southwesterly to
Houston ami G alvcstoo. also to Laredo, T e x ., on Mox. National R R and
Spring northerly to F t. W orth; total Jan. 1 0 0 7 ,1 .1 5 0 miles, vie ;
d
Lines owns,l—
M U u.
Joint trackaae—
Mites
Longview . T e x ., to L a r e d o ..____ m i Galveston Houston A Henderson
'
Palestine to H ouston, T e x ..............|5U
(Jointly with M. K . A T .)
50
Mlneola, Columbia, A c .................. 1 2 1 Other lines.............................
35
Fort W orth to S p rln g ......................... 20 1 Houston Oak Lawn A Magnolia
Navasota to M adlsoovllle___ . . . . 47
Park R y .............................................. jp
.
— Reorganized without foreefosu’ro'fn i 8 » r ’uri(icr plan
. S ff>cK " V 11*0' 1" ' 1'
*23.0 0 0 ,0 0 0 ; outmandlng, 3 0 ,"
7 53.000: P M . 5100; controlled In Interest o f Missouri Pacino.
'
s id y .
T 1'® sr" u ' * mortaaoe Interest (scaled to 4 >4 % until and Inel
_______1________
. . bot lo ease of default
_____ ______________________
Sept.
1807) Isj now 3 %:
the roto reverts lo 8 % ns for-.
v . 7 5 , o . 446.
In Juno 1907 obtained nutiiorit'y to exnond 's i 0 0 ,'ooo to 5 l.'O ooo for passenger depot at Nan Antonio, repayable In ten enlist
sernl Amt,ml paym ents, with Interret at n % .
V. 8 4 . p. i 3 5 t . On June I
*•*07 ear irit.t notes and bonds, 5827 ,83 0,
1
E A R N IN G S
July I to Dec. 51 1007, gross, 5,1,480,148, against 54 .3 3 3 ,.
not In lima.
Yriir—
Gross.
•Vst.
o th . In c . C h aroes. A o . ’
rialnncf.
11100.07
. 38,828,967 $1,030,008 $4,830 $1,780,811
1005
00, , ,
8.803.4.15
883.408
'
------—V ,V
8.803 433
803,408
4,007
1,781,008
d e f.'lM g '-s S

Includes Ini. on debt, $1,8*9,290; otll. d ig s ., 5451.521 — (V.85 n

im h

INTER O CBAN IC R V . OF 81EX1CO, L T D ___Soo pagu 178.
fr Y .—-(See Mats .)— Operates Peoria. III., west to Oskato 'Ytbort Lea. M inn., forming a through line
via Minn. A S t. Louis R R . front Peoria, III,, t o s t . Paul. Minn.
*
1116
Owns—
-----Liases— {stock owned.)
Miles
Iowa J ot.. 111., to .Manly Jet*?**' Ia. C. A YV.* Belmond to Algtxm .17
Io w a ..................................................... ..
Track, Iowa Jet. to Peoria, * .
A
Brunches lo Ocltnond, 6bc..........
12 7 Manly J e t.. L a ., to Albert Lea*.
Minn, (owned Jointly)................. 2 *
ieel. 9 ' Vt «

Total In earnings July I 1007____
“7JTI
H I S T O R Y .— Reorganization (by plan' In 'V . ' l i , ' W, 'rta.i)' o f the Central
Icrwa, sold In foreclosure In 1887-38. In Juno 1000 Minneapolis a St. L ouTs
Interests obtained control through pureha.se of tho common stock; the two
properties are operated In. close connection. V . 7 0 , p, 1 * 40 ,




|Vor„ i, x x x v i .

C A P IT A L S T O C K . Common, niilli.. 511,(10(1,0(10; Issued, 5 8 .5 2 4 ,0 8 3 .
I ref., n o th .. 3 7 .400,000; Issued, 5 3 ,0 7 1 ,7 7 1 . The pref. Is entitled to 5
Inon -cu m .), then common to 3, luen bolt) shore pro rata.
V. 0 2 , p. 5 4 *
I rtf 9 10 0 ,
P,r,c f* » « ! » » : 1890. 3 ; 1000 . 1 R ; nono since.
B O N D S . The refunding 4s of 1001 arc secured by a mortgage on tho on­
t o property now owned or hereafter acquired, subject to the 57,050.000
ftrst 5s, for which an equal amount Is reserved. Tho balance are Issuable
for future extensions at not exceeding 526,0011 per mile. Improvements and
equipm ent. V . 73. n. 80 0 . In Jan. lunx 5 3 .320.0m ) were soli) and iisied32,0 2 0 ,0 0 0 additional were In the treasury June 30 11)07.
Locus „i,q bills
payable June 3(1 11107, 3 1 .8 3 2 ,5 0 0 .
E A R N I N G S .-—5 m os , ,1 10 0 7 ------------ Gross, 5 1 .3 0 7 ,2 2 0 ; net, 3443.708
July I lo N ov. :tu. JIU 00...............Gross,
1 3 4 8,040 ; net,
I20JI88
A N N E A L R E P O R T .— Report fnr 1000-07 was In V . 8 3 , p. 1703 1 7 1 r.
Soft coal lonnage In year iaiift-07 was 1,010,028 (43 ';, of toiul tonnage).
Year etullna June 3 0 —
1007.
11)00.
1005.
1004.
Miles oper, Juno 3 0 _____
558
368
538
358
Gross earnings............... . 5 3,132.048 52,058.387
32,588,300
52,377.105
N et earns, (over taxes).
051.840
774,840
400.218
123,135
T o t.n et. rcc'tsOncl. rents)
1 , 2 0 1 .1 0 7
uo’ .u.io
0 0 1 ,4 3 s
6110.007
Interest, rentals, A c -----735,872
785,084
738,511
041.730

,

Balance, surplus.. . . . su r.3443.5 0 5 sur,3237.442 def.S77,i)73 d cf.J81.132
0 9 6 5 : V . 8 5 . p. 722. 703. 1203. 1218: V . A0. p. IDS.)
V. 8 3 . |>. 0 2
20,
IO W A A N O R TH W ESTE R N R R .— Projected from W aterloo, Iowa,
sontliwesterly in Davenport, via Anlmosa. Ia .. 135 m iles, and eventually
from Waterloo north to Austin. M inn., 120 m .
In Dec. I 0 U7 grading was
Ifi JRCWSSP**
..auiliorlEed. co m .. 5 8 .0 0 0 , 000 ; pref. 5 % non c u m ..
f2.000.UOO. otitstandltig co m ., S 8O.O0 0 ; p ref.. 8 2 0 . 001); par 5 1 0 0 , In Dec.
«I5.'SnS!®n/i?vh0 ,CBr''1^ 1'' T f"S t Co. of j f . \ . as trintee to secure
MlI8SU8Of 38,0 0 0 .0 0 0 bonds, V . 83, n . 1482, 18 4 8 .
Pres., S II. Howard.
W
&
o
t
, ; : m - ^ ' i & u 1" ' 8 * " Tre“ T E R M IN A L R Y .— Own* union frdkht nml imsscrucrr
ilci»ots unci tcrmlrml Dropcrtlw at Jnckaonvlllc, Fla.. Including in iiiIIo.mo
Irnck used b y A tl. Const Lino R U (, Seaboard Air Linn, Florida ICmbI Const
B y . and Gcorvla Sou. * Florida U y ., tin* tiurc compunles
first named eimraiitecliu; by endorsement the prln. iV Int. of above bonds
and ownltur the entire *toek. Tim five com pnules each tfUnriMUt'ii one fifth
of tile In iciest under rentals.
For year I hurt 0 7 . kro.ss. 9174 ,13 8; Int. oil
antl ,m P,r«veinent>i. $.ia. 2 r*2 , paid by above named roads;
; r0,,‘ Irnse ami rent of outlylmr propertb'a, which,
jiomTes°$S

V U7 1’

° l0lnl 8urpl',1 ,,u ,l°

*rom Minllnr

JA M EST O W N C ltA U T . A I.A K E ER IE R Y .— Sco ‘ St. BAllWoy*’ Scot
. J,.-1FF.e , ? SON R R .— Own* Lancaboro. P a ., to Carbondalo, Pa ., 37 tnllei
double track; branch. Hawley. P a ., to Honcsdnle. P a ., a mllea.
Leaned
In
Lrle R R . Co. for 9 1 4 0 ,000 per annum for main line
and $ 1‘I.h40 for branch. Lscd by Delaware A Hudson to roach Cnrhomlale
Stork, 92.003.400- all owned by ISrle R R .
.JONESBORO L A K E C ITY A EA STER N R R .— Owns Jonesboro to BarHeld. A rk ., 07 miles; Osecoln Jet, to Oueeola, A r k ., 20 miles; total, H7 miles.
A «Mn*oUdiltlon Oct. 1 1803 with Chickasaw R R . V . »3 , p. 1100. Stock,
9000 0 00.
Bonds (91,000,000 authorized Issue), llanU of Cominorce &
MclDlihl*, Penn., trustee.
For year i-milmr June 30 1000, cross,
;• 7 ^ ^ .
k ?'
bieonm, * 3 ,1 0 0 ; ehanres. *20,233; iltvlocnds
(1.45 .« ). *2 0 ,7 0 0 ; bal. sur.. *1 7 .3 0 2 .
Pres., FL F. Brown; Six;., D. P.
Brown; rrens., \\ . F.. Talley, o ffice. Jonesboro. A rk.
iV . M , p. 1003.)
JUNCTION RR. ( PhllnJclphla).— Owns Belm ont, P a., to C ray's Ferry,
Leased for 30 years, from March 1 IMDO to Phlllt. n n lt,
& W a sh .; lessee to pay fixed cliarires; keep road In repair and pay bond
Interest and 0 4 on stock; bonds are also endorsed with guaranty o f Penn­
sylvania, Phlla. \Vllm. A Balt, ami Philadelphia A Heading roads, triads
prior to lease. Stork *250,000 (par, * 3 0 ); now all held by Phlla. Balt. A
W ash , and tho Pennsylvania, V . oa, p. 4 2 8 .— (V . 8 3 , p. 221.)
M lC H IQ A N R Y — {See \{<iv Toledo A Ohio Central.)—
Owns Corning. O ., to Gauley on the Ohcs. & Ohio, 177 miles, less 18 miles.
P om eroy to Galiipoiis, and l mile, Athens to A rm ltagc. where Hooking
A 3 0 ,0wn3 branch of 11 mllc.s leased to Toledo
*
.9 ° Sandusky & Hocking R y . companlw.
•7
% {f 1}11 Hook. Val. R v , ponding per plan V . 83, p
j ? 1* 3 o2\ nVr\?,r\Ly 8lorl* Lcitig olTerrd 0 0 % In new Stock.
V . 64, p ftl; V
m?Ar hcln,f. ^tuiiornrlly blookrd. stockholder June 4 1UU7
f i 11*???5Sr
5Si*Sn?» V 0 , H'urtgage 20-year 5 ° i bonds, tob c used mainly
to pay
flonrtog debt. O f the bonds *2,07K.(XM> have beni
Issued. V . 81. p. U 8 2 ; V. 8 3 . p. 1102.
D i , S O i n ^ r f c 1,<<!0rif4.,?lM tl0n ,n A p rtl 1800 o f the Kanawha A Ohio
my/r.«0i?rt4.S
. l V ’ 6 0 * P* 4 31. 483 )
In O ct. 1800 n majority
Ih
ine * ° L & Ohio C ent., which has guaranteed
nan nn«?Vi
V k i ,.Mtcrc3t* (Sc<* V . 3 2 . p. 1«3. 351.) Capital stack.
s88? ,n treasury July 1007). The lot nitge. bonds are

B J f J i ^ r t ^ ^ ^ ^ . q o O Pcr
per mUi‘
tpUc ,,f
of road con*
1
*
true ted.

I^A I
KAIt.N IN (2S.— \ltn»7................Gross, 3 1 ,043,1108; . not, 8110,407
3 ■nos..
m os.. July | to .Nov. 3 O ./I9O 0. .G
ross.
OMM.tfUO:
Gross.
0
8 9.000 ; net. 231.077
ft m oa.. *83.23.'II. again*t *1
................
11,681 sur. lu 11 )0 8 .
H ..
L. . . .
A-0
- r,,r ,year
-x.. .10„ 0 v
^07 was In V . 83, p. 788, showing,
V - 2* n* L 9310,305; other Income. * 7 . 10 8 ; Interest, taxes. A c .,
J2.V i.7-7; balance, .surplus, 1 2 0 7 ,0 7 0 .— (V . 85, p. 788, 804, 1402.)
K A N A W H A & W EST V IR G IN IA R R .— T o extend from Charleston. W .
V a .. to Uclva on tho Gauley River. 35 miles, or which ;u> miles com pleted,
balance under construction. Controlled by same Intercot*
Blue Creek
Coal 61 Land C o., owning 44,000 acres o f coal and timber land In Kanawha
C ounty, block authorized. J 5.000.000 ; par of Hhare*. J100. O f tho J5..
000.000 authorized 1st 3s. (Scranton Trust C o., trustee), Jl ,0 0 0 ,0 0 0 havo
l A 0 ren,8 lndcr being limited lo J25.000 per mile. The flrHt
un aro guaranteed, prln. and Int.. by the Blue Creek
,
„
I aro suhJtH’ t to 105 and Intcrrst after July l 1008. V .
. . * P.' \
V . M , n. * 3 0 .
Prca., Rdward S. Jones; Vlce-P rW .. \V. A .
MaeLorklc- 2 d Vico-Pres., Cyru* D. Jones; Trcas.. ThO*. FL Jones; S ee.,
W m . D . Boyer.— (V . 8 3 , p. 1524; V . 81. p. 330.)
K A N S A S C ITY BELT R Y .— From CJIark’s Jet. to Valley of Blue River, 10
miles. Stock authorized, J2.500.000 (par. J I00); outstanding, J330.000
(par. *100). owned onc-lmlf by Atoldson Topeka £t Santa Fe ami threetenths by Knnsos) U t y Fort Scott A Memohls and tw o-tent ha by Chicago
Milwaukee A {jl. Paul. The Chicago Itock Island A Pacific R y. contracted
to U80 the faculties. V . 78. p. 1440. T o be acquired by the fttux/w City
r e im . Ity. Co. Incortmrntrd July l| HHlft, at * 3 ,2 2 0 , 0 0 0 . viz., J2.3O0.OOd
bonds, *550.000 ztock and * 170.000 suMiliis. V . 8.1, p. Oft; V 8 3 . p. 403.
For year ending June 30 10 0 7 , grots, *410.573 ; ncr. * 100,390 ; fn t., tax* t,
A c .. Jl»7.1ir*; b a l.. d c f., * 0 ,7 4 7 .— (V . 8 3 . p. 403.)
K A N SA S C IT Y CLINTON ft SP R IN G FIE L D R Y .— Owns from Olathe,
K a n ., to Ash Grove. M o.. 134 miles; Ray more Jot. to Plrasniil Hill. M o..
u
block, Jl ,775.400.
Bonds were, gimr 1»Y the Kan.
c ,ly
MR. (old co . 1 . For year ending June 30 1 i>0 7 ,
groKs. J350.5 0 8 , net, * 75,102; other Income, *1 8 ,0 1 5 ; charges, *2 0 2 ,0 0 0 ;
balance, deficit. *111,883 ,
i.V. 7 .1 , p. 723.)
K A N SA S C IT Y FORT SCOTT ft M EM P H IS r y .— (Sre M aps Rock Island
C o.)— O perates Kansas C ity. .Mo., to Memphis. T c n n .. and branohoa.010 in ..
Including trnekago 85 m. from Arcadia to Springfield, M o., owned by K . C.
Clinton ca Spring Held R y. (which sec above)
Also has a controlling Interest
Inatock o f the K . c . Mem. ft Blrm . R R ., owning lino from Memphis, T onn..
to Birmingham. A la ., with branch. 285 m .. nml of K an. City ft Memphis
Jmllcfl* T o S S 1 2 0 1 rnil11*
ocro'» Mississippi River at Memphl*.
O R G A N I Z A T I O N .— Incorporated on Juno 14 1001 and Is vextod with
the property o f the former Kansas City Pt. S. ft Mem. R o U r o a d other than
the Ms rn lea ITom Arcadia to Springfield, sold to the Kansas City Clinton ft
Springfield; also OpOttOi* other mileage. V . 72. p. 1237. Sec V, 7 2 . p. 4 * 6 .
5 * 2 , ®7u. 0 88 . The 3 t . Louis A San Francisco H U . owns the entlro stock
and iMSivi tho road, guaranteeing the bonds of 1001, principal and Interest
P ^ forTed
trust certificate*.
S T O C K .— Common authorized, * 4 8 ,0 0 0 ,000* OUtatandlnc, *18,000.000
nil owned by S t. Louis ft San Francisco R R . 1’lie prof, stock (ll0.OOd.OOO
authorized, o f wbleli IlS.ftlO.Ooo is outstanding, p a r * 10 0 ) is deposited In
escrow, and agnfnxt It are Issued trutt certificates ortho S t. L. ft.San F . H R ,,
th e ja tte r having the option to retire the certificates nt any limn at par.
and obllgatlnv. lUCll to pay off the whole Issue In 20 ycara from Unto ( 6 ot.
I*
........ »'•„ H in t' *M.
Y' 71'. p I
-ft.Pff*). 9 :~~.T h0 .yiirvin<IIhg bonds of 1001 (limited to I0O.OOO.OOO) are
scoured by all property now owned, or hereafter acquired with the pro-




70

RAILWAY S'i'UCKS AND BONDS.
R A IL R O A D S .

F or explanation of column headings, A c ., see notes
on first page of tables.

M iles Date Sire, or
1
of
of
Par
Amount
Hoad. Bonds. Value. Outstanding

M ^l.OOO.OOOautli
87
function ( I'fiiladcJ plilrt) Gen M (now 1st) g *7 3 0 .0 0 0 c . .
2.00
Kanawha A Co«l M var—Joint M * 7 50,000 fo ld s f ._
15
Knnn wha A Mich— 1st M *15,000 D fil g gu n A l.C o.c*
to*i
-n d M J2.o00.ooo noth gold red p a r .........................So*
. . .
Equipment trusts
.
. . .
Equipment bonds du<? *25*,bo"o*seml-Vnuuaiiyl- I I I I
. . .
.
_ . .. d °
due part senil-nnnunliy...............
. . .
Kanawha A NV Vo— 1st M J 5.000.000 g t e x t ...............o*
35
Car trust*, due *52 .0 0 0 Dec y e a r l y .................
Bn
. . •
Kan Cy Belt—-1st (*554.000 guar K 0 F S A M) NO c #
10
Kansas City Clinton A Spring— 1st M g g u a r.. NB.c*
102
Kansas City Fort Scott A Memphis Ry—
Her Ai JOO.000,000 gold guar p A I en d. .M e .x c * A r
•830
h ana P f
1st M land gr a f d r’u at 1 1 0 . . c ’
180
Memphis K A Col flrst mortgage............................... c*
30
Kansas A .Missouri R R first mortgage...................... c*
20
.ansas City Ft Scott A Memphis R R cons M .N B .o*
710
Current Rver H R 1st M * 20,000 p til guar____ NB
82
Kansas Cy A M R y A Bilge 1st Ai g n f drawn at 110c*
Fort Scott equipm ent Co 1st M call at par.............
. . .
Ozark Equip Co 1st M guar *1,0 0 0 ,0 0 0 call at par
—
Kan Cy Mem A Birin gen M *-4,500.000 c u r ..O B c*
283
Income non-cum ulatlvo....................................... OB.c*
285
do stamped Qxcd Interest redeem te x t.................
285
Blrm Belt 1st M gold red 102H guar p A I end .OB
21
Equipment notes Series A duo *05,000 semi-annually
. . .
do
Scr B *$5,000 due n-a (V 8 1 , p 1044) . _ Ba
. . .
Kansas City Moxlco A Orient— 1st M gold (see text)
. . .
Kansas City Outer Belt A Electric — 1st M * 3 ,0 0 0 .0 0 0 g
7
Kansas City Southern— Pref Stk 4 % 1 1-0*21,000 ,000 .
. . .
First mortgage gold * 3 0 0 00,noo................. M e .c 'A r
— CoU trust n o u s *3 .1 0 0 .0 0 0 gold redeem at par____
Equipment notes gold red par due *72,000 s-a n . N
. . .
do
ao
gold si r B red par *30 ,0 0 0 f-eml-ami
b Includes *187,000 held Alive In sinking funds.
• A b o covers m ajority o f stock o f Kansas City Mem Jills &

1005
1000
1004
1890
1007
1002
luim
lour,
11105
1000
1888
1885

* 1,000
1 ,001
t .00(1
1 ,00C
1,001

1901
1879
1884
1882
1888
1887
1880
1890
1000
1804
1804
1804
1002
1005
1003
1001
1003

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

. . . .

too
1,000 Ac

loou
loos
1005
1008

l.non
l.Oou
1,000

1.0 0 0
1.0 0 0

1,0 0 0

1.000
1.000
300 A c
500 A c
500 Ac

1 ,000

1.000
1.000
1 .0 0 0

1.000

K A N SA S C U V L A W TO N A PACIFIC K R .— V . 8 3 . p. 731.

2H b n ?.0" ^ 8 ! T » 3 R ° V r? . H ! ,S n ? CI,,‘ ,W &n“
‘ “ to Kan’
S E C U R IT I E S .— Stock authorized, 120.000 per mile each In common and
non-cumulatlve 4 % pref. slock: outstanding ,(iino 1907, pref Io a n n fnn'
c o m .. J7.71S .000. / t o o k Is held In a voting trust until jk n . | lo ir* ° v i s ’
p. M il.
Bonds (U . S. 4 Mexican T n ist C o., trustee) are Issuable ai J -2 noo
prr. I.,Vl, eh,mn‘rl" "'.'I1'1 Jra vl4.8l5.0p0 per mllo o f yard and term inal!iA ek
ami J 12.000 per mile o f double track, constructed or acquired: also. J2 j o n '
UOU for extra work In Sierra Mndro Mountains, J3.000.000 for terminal fadu ties at Kansas City or Topolobainpo.or both ,am i JlO.QOO.Oon for future
requirements and additional rolling stock at not over Jl.ooo.noo yeai v
beginning, f o b - I 100*. On completion o f road It was estim atedtherow lli
he left In the treasury for each mile of rompleted road J7.300 bnn.ls j .i nm
pref. and J7.500 common stock. V . 7 8 , p. 1 0 2 ; V . 81. p. M i l ; V . x i 1, 10 "
8 08. In A u g. 1003 made an agreement with S t. I.ouls Union Trust Co as
£ > * « ? V 0 " W y " **<000.000 car trust bonds. V . 8 1 , n. 777. Mexico A
Orlont Townslte Co, bonds and notes.
V . 7 8 . p. 1109, 1113; V . 8ft. p. 3 IS.

, rc k

S

» r s !° M n S S n g

S

i ^

M

: IV,'a S '. W

i.

sd o ? ;„ ‘

V . P .. Enrique 0 . Creel

)W

W

w

; ^ ; pa •ftrtu,?.e n A ^ i

! . 7 S 2? ' " J i 9% ® V ^ 5?.,rf t 8T

lA Wt" * " " "

KAN SAS

Cl f Y N O R TH W ESTE R N R R .— Entire slock. 14 01 ft AM
,l,ul J *.983-301) " B “ bonds were purchased In Nov, ioou‘ by
Mo. Pac. R y ., which see: also ""Supplem ent" or Jan. 1003,
11
K A N SA S C IT Y OUTER B ELT (STHAAI) A ELECTR IC R R — This com ­
pany |s constructing a belt line road at Kansas c it y , the main line dmihle
track, being 7 miles In length, extending from N o. Kansas City to the Rnw
Valley on the West, with bridge across the Missouri River. Oradlrigwnsto
beeom plctnl during 1007. w ill nltord an entrance Into h'ansus Oily fort tie
Kan. City Mux. 4 Orient R y .. ami connect with the various steam roads
entering that city.
Arrangements are also proposed with certain nrolectrd
suburban e ectrlc roads.
Incorporated In 10))2 by Interests friendly to
K an. City Mnx. 4 Orient R y. V . 7 3 . p. 184; V . 78. p. 331, V . 8 0 . p. 8 71,
S E C U R IT IE S ,— Stock authorized, 9 2 ,800.000 com . and S2,2no 000 4 sc
OfcL The -toe.i will be held In a voting trust of ten members until the full
dividend shall have been paid on the pref. for ft consecutive years
See
Hi IS a C -a R ‘ - Of ' ho 83.000.000 authorized 1st gold is (see table above)
82.000.00u have been sold, the entire cost of construction and eoiilnmeiit
was estimated at not over J2.ooo.ooo In bonds, leaving balance for rzten
sloes and Improvement).— fV .7 0 . p. 184; V .7 0 , p. 381: V.ftO. p. 8 7 1 ” 90 i
. K A N SA S C IT Y SOUTHERN R Y .— Sec M a p .— Operates a line extending
fan'll K " n,,n“ M ! F. M o., to Fort Arthur, T e x ., thence by Its snip canal 7
f f ~ 5 - lP
water nn the Gull o f Mexico, with hrnnehro and extensive
terminals used by various roads entering Kansas City.
extensive
AfllM .I
U n n Oirasu.
, , Urt
l,<,|8 J u n e .. 12 Branches to Fort Smith
De
Orand View , U o . to Port Arthur.
O um ov, l a . , e t c . . .
si
T e* -------- ----------------------- ---------- 7 8 8 1Trackage— T o Orand V i e w i 'M o " ! (l

Total............................................. (,....................................
nvA I,W aM eann.a, , i0i ,8 a n -000
o( " <ocl< f t "'1 b oodi o f A rkVn’sa i’ Western
t0 Dn&rcntr, A rk ., .12 miles, operated iicnarately; a U0 cono ‘J
4 (*ulf Terminal Co.
V . 8 2 . p. 3ftl. O n jiu g 1 tfon
mrnm a ,m rt n f 'e u u y ?
t|{« _0 o v '!rnnm nt. Port Arthur being
reorganization of Kansas City Pittsburgh 4 O ulf
per plan
plan 'V . 0 9 , p. 1012. 1082. V . 7JT d . 1 3 3 8 ­
f^
1 " .10° P«r
V . 74, p. 0
As to control, see
d 0
97.
v »*>oo.
9 4 , j\a
sec V . 8 0 , *p
997.
rises U.lMlSrf trn.8 Kanina _____■____■ a
.. 7 ,
Thfl
voting trust havlne e.xplre<i April
1 1005,
leeted
In
May
1D05
elected la Mayf lrib».” S S « ;S !i ---------S .« ^ v j^1 - i* -v*fo
‘
Orica ru. V . 8 0 . n.
\ . 8 1 . p. 5 3 9 ; V . 8 4 . p, 1308. Common stork ,
*.10 OOO.OOAc par. Sion.




5 If
34
3 g
4 g
3 g
0
A
5
5 g
5
0
3 g

When
Png able.
M
A
M
A
J
M
I*
J
J
J
J

A

&
A
A
A
A
A
A A
A
A
A
A
A

Where Payable, and by
Whom

Bonds— Princi­
pal, When D ue.
Stocks— Last
Dividend.

s Memphis, Term
Sept l 1023
O Broad S t Station, Phlln April 1 1030
S Bankers’ Trust Co, N Y Sept l 1024
O Central Trust Co. N Y
April 1 1000
.1
New York
July l 10 2 7
N
May 1 1012
15
Feb 15 '08-'16
.1
July *08-July*l.l
J Scranton (Pa.) Trust Co. July 1 1053
D (1. Kleybolto A Co. N . Y Dec’08 -Deo *1 1
J
, 50 State St. Boat July 1 1010
O
Oct 1 1025

20.01fi.000
A A O
<g
2,030,000
A D
7
J
492.000
7
S
M A
300.000
5
F A A
1.1,7,10,000
A
M A N
1.008.000
D
/V *
b 3,000,000
A A O
5 g
07.000
0
J
*
xL
.14 2,000
M A N
3
3.323.300
4
M A
S
.187,280
5
March
0,9.15,300
M A
S
3
1,000.000
A A O
4 g
9 10.00U
A J
4K KJ
1 ,;7ft,ooo
4H g F A A
10,582,000
4 g
F A A
2,000.000
A A O
4 g
21,000,000 See t e n See text
30.000,000
3 g
A A O
5 ,1 0 0 .0 0 0
.1
3 g
& J
1.152.000
4M g M A N 1
atu.oou
J
A D

do
do

do
do
do
do
do
rA C
do

Oct I 1030
June l 1008
Sept 1 1010
Aug 1 1022
May 1 1028
Oct 1 1027
N Y ; A Dost Oct 1 1020
July 1 1000
Pr Co. lioal
M ay-N ov 1 1010
do
Mar 1 1034
do
do
Mar 1 1034
Mar 1 1034
do
Oct 1 1022
do
T o Jan 1 1015
do
Aug ' 08 -Aug ’ 15
N Y Feb l 1031
April 1 1053
Jnti 15 1 0 0 8 1 %
April 1 1050
April 1 1012
May ’ 0 8 -N o v '1 3
J'nc *08-Juno'lfl
do
do

nm w T niF5;T^ * - a.l.ocUhoU crH on March 10
Authorized an laaue
or *1 0 ,0 0 0 ,0 0 0 o f 4 h % 20-year Improvement Bonds, of which *0.0 0 0 .0 0 0
deposited as collateral for * 5.100.000 slx-ycar 3 % notes, proceeds to bo
u‘s7 ..z /or ' raPr°vom ents ana (-qulpmunt. The notes, widen were undert0 atockholaors pro rata at 05. See V 82. p. 3 34,
.1.1^ 0 9 -; V . 8 4 . p, 1428. Tar trusts, V . 8 1 , p. 1010; V . 8 3 , p. 087,
D IV I D E N D S .— First Ulv. on pref. stock. 4 % , paid July l 1007 out of
enrnlntfti for fiscal year 1000-07; O ct., 1 % ; 1008, Jan .. 1 % .
V . 83, p. «joo.
L A T E S T E A U N JN O S — /1 0 0 7 .
.G ross, * 4 ,3 5 8 ,4 9 4 ; u e t.J I ,110,248
5 rnos.. July 1 to N ov. .inlioor, .
..O r o s s . 3.5 7 3 .8 0 3 ; net. 1.2 8 7 ,1 7 d
«
o'®*, endln* Sent. 30 I»«7 surplus avaiiablc for dividends was *584,H 0 ; d lv. on prcf.atock (l reca lls for *2 1 0 .0 0 0 .
V . 80, p. 800.
R E F O R T for 1000-07 at length was In V . 8 3 , p. 1203, 1213.
.
lD0ii-07,
1003-00.
1004-00.
1003 04.
Mile-* o p e ra te d .......................
M27
H27
M,iu
839
G r o s s e a rn in g s

......................* 0 , 0 8 4 , 3 9 5

Operating expenses

K A N SA S C ITY M EXICO & O R IE N T R Y .— (SM A fu p.l— Projected (o
extend from Kansas C ity. M o ., to Topotobam po B ay. Mexico, on the Pacino
coast, 1.420 miles: also a cut-oir from San Angelo to Spodord Jet 'Tex °
connecting them with Mexican lines fur City o f Mexico.
In Jan inns ~-r'
miles were In operation, v l i ., W ichita, K a n ., south to Red River. 273 m | w
Sweetwater. T e x ., east 87 miles: Chihuahua. M ex.. east 87 miles- Cl II
him west (Incl. trackage over Chihuahua 4 Pacific R R ., 1 3 3 mllesl inn
miles; TopolohampO east 78 miles. See V . 8 4 . p. 102; V , 73 n l S s i . v
8 1 .1 1 .1 3 3 0 : V . 8 3 . p. M i l : V . 8 4 . p. 3 0 8 , 1041,
'.p .1 2 0 3 . v .
The com pany has Its own coastwise scrvlco from Topotobampo and the
Hamburg-American s s . Co. baa contracted to establish a trana Paelnn line
as soon as the railroad Is completed.
(V . 7 7 , p. 401.)
Liberal 91 C l.ii.'*
have been araoted by the Federal and State governments In Mexico si.prospectus. V. 7ft. p . 1253, and V. 83. p. 0 3 . 1411.
‘ oci.
Th e Kansas City Outer Belt 4 Electrlo R R . (see that company below)

‘ O F F IC E R S .— Pres . A. E. Slllwell

IN T E R E S T OE D IV ID E N D S .
Hate
%

Blrml! ngbuin, 2 83 miles, an t

cceds of the refunding Issue. O f the bonds, * 1 1 .050.000 were stlbsrrihfwi fn.
in June 1001 about *31.025.770 were reserved for e x S i r J f f /h i
nn l?£!X o.unt. 0 t
bonds. J 3.000.000 for refunding pUTBOMa in
aoo.ooo for Improvements betterments and new equipment at the ciimu.
latlve rate of jr.oo.oop per annum, ami the residue, as well „ any bo h ,
not used or required for reliinillnc purposes. will be reserv ed fo rlin u e fo r
additional lines and extensions, at not exceeding J22.300 per mile thcreor
A s to guaranty, see "organlxatlon” above.
V . 7 5 , p .8 S 3 . See V XI n -.Mi
In 1903 the K . C. F t. Scott & Mem. R y. guaranteed tlm lm M esY on .n ’
except 1387.730 o f the j o . 333.780 K . C. Mem. A lllrin. Income bonds be
(Inning March I . the bonds so guaranteed being stamped with a provision
* ? r.m “Object to call at any time within 10 years from Sept 1 1 uo"
at 03 and Interest. V . 7 4 . p. 4 77. 377.
Equipment notes additional to
thoso In table above, 933 .3 0 2 lives, duo quarterly to O ct. 1 1008
tU
lUrminahiim litU bonds are guaranteed, principal and Interest. Jointly hv
Kansas City Memphis A Dlrm. and S t. L . 4 San Fran.
7 » M . .4 7 _
(V . 8 1 . p. 1044; V . 8 3 , p. U87. 1438; V . 8 3 , p. 800; V . 84. p. 1561.)

W

*478.000
725.000
750,000
2,480.000
; .o .s .o u o
818,739
4 14.000
190.000
1,000,009
128.009
2.500.000
3,192,000

[VOI,. LXXXVI.

. . . 3,33 9 ,5 1 0

N et earnings................. *.1,744.813
Total net Income............ tft.8SS.U47
Taxes ..................................
1M3.8 lU
Interest on bonds, & c ..
1,183,759
M iscellaneous....................
Deferred renew als..........
Dlv. on pref. stock (4 % )
840.000

5 7 ,5 0 8 .3 9 2

* 0 ,8 0 3 ,0 3 0

3,5.12,275

5,088,330

*2,0 3 8 .0 5 7
* 2,084.950
188.475
952,714
12.711

SI .805,300
*1 .837.801
15.1,150
mm .nan
49.459
123,020

* f l.0 7 8 .2 1 5

4,710 ,2 0 3
*1,988.012
51.978,794
150.254
899.089
7.1,528
.............

*010,102
Jllftft.OSfi
«t.a in ,»3 tf
1833.023
._ O I R E C T O R 3 .—- Chairman, Hermann Slelckcn; Pres,, J. A . Edson.
If. R . D u v a l.J . A. Blair, VV. T Rosen. I). G , Bolsstivaln, If. Hlumcnthal.
Andrew J. Miller and Y . Vanden Berg, L. F . Lore© of New York; John J.
Mitchell o f ChlcAfo; S. VV. Fordycc ami Adolphus Busch of .St. Louis: o . M .
CraJir. Port Arthur. T e x .; W . V. llarrUy. Philadelphia, Pa.; Secretary Is
It. II. Sperry. Office. 23 Broad S t .. N , V
(V . 85. p. IJOJ, I2|J.)
K A N SA S C IT Y rE R M IN A L K Y .— T o own a union pnsseniter depot
and terminal at Kansas City. M o., with approaches, to be controlled
by ten railroads via.: Cldc. It. I. a Pnc., A tch . Top. »v S . P .. Chic. Mllw& S t. Paul, c;Ido. a A lton, S t. Louis A San Francisco. Union Pacino
W ab a sh , Lido. Hurl. A Qulncv. Mo. Pacino and Mo. Kaunas A Texas
Incorporated July 11 lUOfl. Stock authorized, *30,0 0 0 ,0 0 0 . The Kansas
City Belt lty . will b© acquired. Of the bonds to be authorized. 813,000,000
will bo used to pay for the land and terminal facilities and to erect the sta­
tion, and a further amount of *4,0 0 0 ,0 0 0 will be reserved to pay. for tho
{*• L. Belt R y. and retire Its bonds.
V . 83, p. 03; V. 85, p. 405.
In Aug.
1000 *3.0 0 0 .0 0 0 was borrowed at 4 H % Interest, yuarautced by the ten
roads, bonds to be ixxiwd when <niujuinfis b vor.
V. 8.1. p. 323. Pres.
11. L. H arm on: See.. C. C. Ripley; T»en:«.. K. P. Swlnncy.— (V . 85. p. 403.)
K A N SA S C IT Y V IA D U C T A T E R M IN A L R Y .—
M a p ,)- Owns and
operates an elevated railway and highway viaduct from IJIufl and 8th
Streets, Kansas C ity ,MO , to Minnesota Avenue and 4th Stroot, Kansas c ity .
Ivan. A branch viaduct.
tnllo In leiiRtb, under eonstruction, connecting
th< main structUn’ , nml thus the two cities with the Interlylug iniiroad
ood manufacturing districts.
Main ►tructure completed Ptb. I0o7, l n
miles, mtulinum width of 00 fcot; material, steel ami concrete, ttm V $2
P. 100; V . 84. p 271. 9.11.
’
ST O C K .— Stock authorized, J3.3U0.000: m ilslnm llny. 13.000,000 (par of
shares 8 100 ), or which A majority Is atpoaltwl In n voting trust for .1 yenm
from <*ompietlou of viaduct or until dividends of * % have bcwii paid fot two
conwcutlve ye a n . Voting trustees: ll«rv «y K. PI8k,.I oh n P. Reynolds J r..
Francis S, Eaton.
B O N D S .—-Firm mortgage 4 H % bonds authorized. 1.1,300,000; outstAndImr. *.1 , 0 00 , 000 . Beginning with 1910 n sinking fond amounting to n % of
gross receipt* for preceding year Is to be paid July 1 to retire bnud* Oil antis*
factory terms; otherwi«n to be Invested.
P ie*., irn <5. Hedrick; V .-P . and T n -a s., J. P . Reynolds Jr.; See., E. E.
Ball
Directors: j . P, Downing, H . L. Harmon, I . O . HcdflcU. 15 . p ,
Swlnney. II. O. Plower. Cha*. F . Momc. 0 . J. Hubbard, Kansas City, Mo.*
P* N. Eaton, J p. ReynoldH.fr.. R . C. Storey. Boston; Chas. K. lt*ckniau.
New Y o lk .— (V . 85, p. 884.)
K E N T U C K Y A IN D IA N A HR! DUE & RR. CO.— Owns nteel CAntllovcr
bridge over the Ohio River at Louisville and 5 miles of railroad between
Louisville. K y ., and New Albany, In d ., and 3 miles of belt Him In Louis
v IIUn also owns Louisville A New Albany Perry Co.
Successor Jan. .11 1000
to Kentucky A. Indiana Bridge C o., ««ld lu foreclosure subject to the
5 1 ,000.000 first mortgage. The Southern R y .. Baltimore A Ohio South
western <B A O.) nod Chicago Indianapolis A Louisville own the *73.non
capital stock, and pay m onthly, In proportion to ears handled, any deficit In
operations. O f the 8 2 , 500,000 first consol. 4s. *1 ,0 0 0 ,0 0 0 were reserved to
retire fts dun 1911 and * 300,000 for Improvements.
V. 7 1 , p. 402.
E A R N IN G S .—-For year ending Juno 30 1908. gross, *279.808 ; deficit
under inter©*! charges, a c .. * 2 0 2 .3 4 8 .
Pres.. W . II. McDoel; Sec. nd
T reas.. If, W . Hcarlltt; Gen. Mgr.. W . M. MltohelL— (V . 7 1 . p. 287. 342.)
K E N T U C K Y A o »f| o BRIDGE C O . - V . 8 1 . p . 14U2; V . 82. p. 1379.
K E N T U C K Y A TEN NI-SSnii R Y . -See pAga 178.
K E O K U K A D e 8 Mo i n e s R Y .— Owns rrom Keokuk, Ia ., i « n<a
M olnw . l a ., 109 miles. Leased for 43 years from October 1 IM78 to the
Chicago Rock Island A Pacific R y.
The lessen pays :'5® i o f the gross
ow ning*, but guarantees the interest (not the principal) on the bonds.
Stock Is *1.524.800 8 % preferred and *2,(100,400 common (par, * 10 0 ) . a
m ajority of which Is held by the lesser.
D IV ID E N D S ^
j *04. *95 OO-'DA. *09, *00. *01. ’ 02. *03. *04. *03.08.
On preferred. % .
1 93c . one
Non#
‘s
H
I
I
2 m None.
Rental: In 1003-06, 1904 03 and 1003 0 4 . *137.300 (bond Tmorcatl
yearly; In 1902-03, * 138.374 ,— (V . 88. p. 772.)

K E O K U K A HAMILTON BRID GE CO.— Owns bridge acrosa Mlsslaslnnl
River at K eokuk. Ia ., for railroads and foot passenger*. T h o property was
originally leased to four com panies, but only tw o companion now use It.

.1 A N .,

1908.1




RAILWAY STOCKS AND BONDS.

/7

RAILWAY STOCKS AND RONDS.

78
RAILROADS.

For explanation of column headings, dtc.. see notes
on first page of tables.

Ml If, Date Sire or
Par • A mowU
«r
of
flOlld. Hands. Value, Outstanding j

K n nm i City St Jon«ph & Council Bluffs— Set* Chicago Burlln gton A
Kansas City Shrevep A (lull Terminal— 1st M red 105
1807
Kansas City Viaduct Ac Term— 1st M g s f ( t Q ( ) S x '&
1903
Ken & I Or A HR— Ken A l B 1st M gold assum ed.
1881
First consolidated m ortgage 52.500.ooo g o l d . S . c
1000
Kentucky A Tennessee— 1st M 5450.000 Hold (see text)
199;,
Keokuk Ac Dcs Moines— Preferred stock 8 % ................
162
First m ortgage Interest guaranteed C R I & P .. c *
162 i878
Keokuk A Hamilton Bridge— First m ortg a g e..
1869
Kewaunee Green Bay A Wosterw— First mortgny
37 1891
K lnsstou Ac Pembroke— First m ortgage g o l d .. .
113 1882
Klondike Alines— First m ortgage 550.000 per ra llo..
31 H 1005
Knoxville A Ohio— Sen Southern R y .
Lake Erie A Detroit River— See Per© Marquette R R .
Lake Erie A Western— Com m on stock 520,000 p m . .
711
Preferred stock fl % (not cum ) (520.000 per m ile )..
711
First m ortgage (510.000 per mile) g o ld _______ Ce.c*
711 1887
Second M for 55.025,000 (55,000 p m) g old ____Ce.c
711 1801
Lake Shore A M i c h i g a n Southern—S t o c k .....................
Guaranteed 10% stock (Michigan South A Nor Ind>
First m ortgage 500.000.000 g o ld ................... Us.c*Ar 1,000 1897
Bonds (not mortgage) 550.000.000 g o l d .. _<l.c* Ar
1003
do
do
550.000,000 gotd............................... .
1006
Notes 515,000,000 g ................................................... cA r
1907
-Guaranteed Securities
Kalamazoo A W hite Pigeon flrst m ortgage a s s .. Da c
37 1800
Battle Cr A Stur 1st M gold guar p A 1 (see M Ceil)
41 1880
Sturgis Goshen A St Louis 1st M gold p A I g u u r..
20 1880
Kalamazoo Allegan A Gr Rapids stock rental guar
58
First m ortgage guaranteed................................ Un.c
58 1888
Erie A Kalam azoo (leased) stock Toledo to Palmyra
26
Lake Shore System — Mahoning Coni R R —S t o c k __
47
Preferred stock (see t e x t ) . . . . . ......................................
47
1st M Votings to And etc, guar p A I (en d )____Un.c
47 1884
Lake Sup A l*hpcm R y— 1st M 51,200,000 g a f__F .c
20 1800

...
_
_

Quincy.
5500
1.000

250 Ac
1 .0 0 0

1 00

100 Ac
1.000
1.000
1,000

£5,000
100

$150,000
$,000,000
1.000,01)0

1.059.000
550.000
1,524,600
2.750.000
1,000.000

408.000
572.000
£192,000

INTEREST OR DIVIDENDS.
Rate
When
Where Payable, and by
Payable.
Whom.
%
4
4K

5 g
4 g
6g
See text,
5
8
5

ag

6

A A
A J
A S
A O
A S
See text.
A A O
A A O
J A D
J A J
J 30 A D

538,500
100
.000 AC 50.000.
50.000.
35.000.
1.000 AC 15.000.

1.000 A c
1.000 Ac

400.000
79,000
322.000

1,000
1.000
1.000

100

50

1,000

1,000

120 B roadway, N Y
Flak A R obinson. N Y
Louisville
Standard Trust C o, N Y
Central 'IT C o, Chicago
Ofllee, 71 B 'w ay, N Y
do
do
55 W m St. As CArncd
OUlcc, 40 Wall S t, N Y
45 Broadway, New York
Bk Brit No A m , London

Ronds—Princi­
pal When Due,
Stocks—Last
Dividend.
Aug 1 1027
Sept l 1034
March 1911
April 1 1030
Sept 1008-1923
May 2 *04. 1 4 %
Oct 1 1023
April l 1800

June 1 1 0 2 1

Jan 1 1912
Dec 31 1924

11.840 000 . ________ .

100 11.840 0 0 0 See text. J
1,000
7,250,000
5 g
J
3.625 000
5g
1.000
100 140.466,500 See text.

1,000
so
50

[VOL. LXJCXVI.

510.000

12 In ‘07
000
000
000
000

Ofnco, Gr Cent Sta, N Y Jan 15 *08. 1 %
Chase National Bk, N Y Jan 1 1937
„
do
do
July 1 1041
Grand Cent Stat’ n. N Y Jan 2 0 1 0 0 8 8%
do
do
Feb i 1008 8 %
a tA
<g D
June * 1007
4gA S
Sept 1 1928
4g
May 1 1031
5g
Fob 1 1910

5
3g

u.

5
840.000
10
300.000
1.500.000 12 In *07 F
661,36;
5
5
1.500.000
175.000
6g

do

do

,
„
.
ilncoln Nat Bank, N
Grand Cent Station. N
Union Trust Co, N Y
_
1,0 . . „ d ° . .
Farmers L A T r Co, N

Jan

Dec
Dec
OCt
July
Y p.»>
Y l ei,
Fch
„ July
Y 'Jan

l 1940

l 1080
1 1989
1007
1 1038
iu o8 $%
i iDOS 6 %
1008 2 U %
l 1034
1 1026

z New Vork Central holds 515,280,200 o f this.
these being the T oledo Peoria A Western and the W abash. Regarding
guaranty, sec V . 59, p. 069. On Judgment o f 1880 3203,000 has been c o l­
lected; on Judgment of 1894, $142,000; In April 1901 $142 ,0 0 0 was aw arded.
V . 72. p. 821. Stock. $1,000,000: par. $100. Coupons aro In default, but
mortgage linn never been foreclosed, and overdue Interest l« paid os earnings
perm it. Last coupon paid, 2d half o f N o. 45 (due April 1802) In Jan. 1908.
E A R N IN G S .— Year ending Juno 30 1907, gross. $60,072; net, $40,180;
other incom e, $11,612; Interest on bonds, A c., $28,258; balance, surplus.
$28,431. In 1003-06, gross, $60,762; net, $38,834. Proa., Andrew Car­
negie; Traps., Theodore Gilman, 55 William S t.. N .Y . IV. 72, p. 821.)
K LO N DIKE MINES R Y .— Dawson City to Sulphur S prings.3U $ miles,
com pleted Jan. 1007; projected from Sulphur Springs to the Stewart River,
no miles. Stock authorised, $2,500,000; outotondlng. $943,000. The Dawnun Grand Forks A Stewart River R y . C orp., L td ., owns nil tho stock and
bonds. V . 8 2 . p. 500. Bonds, see table above. V. 81, p. 725. Pres .
J. A. Scybotd: S ec., Andrew H aydon, 10 Elgin S t., Ottawa, C an.—
(V . 81. p. 725; V . 82, p. 500.)
KINGSTON A PEMBROKE R Y .— See page 178.
LA KE ERIE A PITTSBURGH RY — V . 83, p . 1037.
LA K E ERIE A WESTERN R R ,— R O A D .— Owns Sandusky. O ., to
Peoria, 111.. 413 miles; branch to Minster, to miles; branch. Indianapolis to
Michigan C ity. 159 miles: Fort W ayne to Connersvllle and branch to Rush
viu *. 129 miles; total ow ned. 711 miles: leases Northern Ohio R R ,. Akron
to DdphOft, 162 miles; trackage, 13 miles: total operated, 886 miles.
H IS T O R Y , ETC.— Form ed In 1887 after foreclosure of the Lake Erie A
Western llulltiay. ( S e e V . 3 0 , p . 500; V . 83, p. 600.) In 1890 control
passed to the V anderbilts, slid on Jnn. I 1907 the Lake Shore A .Michigan
Sonf I

own. d $ >.910,01

n

•!

............

ifo< U.

V . 71

i. 1269

D IV ID E N D S — VOX. *02. ‘0 3 -0 8 . *00. *00. *01-’03. '04. *05. 06. 07. *08.
On preferred..........I 4
3 5 yearly 0
2 4 yearly 3
3
3 3 Jan 1
B O N D S .— A b s tr a c t o f first m o rtg a g e In V . 46 . p . 43; o f secon d m o rtg a g e
in V . 54. p . 444. G u aran tees $ 2 ,5 0 0 ,0 0 0 3s N orth ern O h io , w hich nee ’
E A R N I N G S .— F o r 1 2 m o n th * e n d in g D e c. 31 (p a r tly eel. In 1007):
l Z M o*.
dross.
Nrt.
Oth .I n c . Charges. Fret, D\*Ul‘d.tint sur
1007
..$ 5 ,1 1 2 ,4 0 0 $ 1 ,2 3 0 ,9 0 0 $5,900 $97 5,20 0 (2 % >$236.800 $44 800
1906
5 ,2 12.812
1 ,332.500 11,700 1 ,001,100 (3 % ) 333 ,200
7 900
A N N U A L R E P O R T .— A n n u a l re p o rt fo r 1000 w as In V . 84, p . 6 2 7 .
A p p r o x im a te sta te m e n t fo r 1007 was In V . 8 5 . p. 1574.

Year ending Dec. 31—
1906.
1903,
1004.
Gross earnItlgfl.................
$5,212,812
$5,037,295 $4,998,010
Net (including other Incom e)..............
1,431,318
1,150,454
1,360,274
Deduct— t a x e s .................
263,066
237.522
213,013
Interest on b onds.........................
513,750
543,750
513,7511
Northern Ohio Interest guaranteed
125,000
125,o oo
125,000
Rentals and m iscellaneous............
60,341
80,530
56.165
Dividends on preferred s tock ......... (3 % )3 5 3 ,2 0 0 (3 % )3 55 ,2 0 0 (3 % )3 65 , 2 0 0
Additions ana betterm ents..............
87.092
70,139
44,658

D IV ID 'S .— 1*92. *03-07. ’08. *09. ’00. ’01. '02. ’03. '04. '03. *06. *07. *08.
Since 0 1 . p .c ./O H 6y*rly. 6 t f 7
7
7 7
7 8 8 8
12 Jan .8
For $50.009,000 mortgage o f 1007, sec abstract In V . 64. p. 1 182. nnd V .
66, p. 1140; V. 68, p. 1182; V. 73, I). 1264; V. 76, p. 290; V. 77. p. 2035.
O f the $50,900,000 authorized debenture 4s o f 1003, $ 10 ,0 0 0 ,0 0 0 were
sold to nay off the $23,000,000 loan m ade for the purchase o f Reading
slock, which matured Jan. 1004. and floating debt incurred for other acqui­
sitions; balance sold In 1905. T h ey are to be secured by any new mort­
gage. V. 77. p. 1747. 2035; V. 78, p . la; V. 80. p. 1012.
In Feb. 1908 $35,000,000 o f 25-year 4 % bonds o f a new Issue o f $30,000,­
009 were sold for Improvements. V. 82, p . 392; V. 8 1, p, 0 0 0 .
Jointly with Tour other roads covenants to pay $39,0 0 0 ,0 0 9 N. Y Central
Lines 5 % Joint car trusts o f 1007. V . 85. p . 1402; V. 86. p. 168,
G U A R A N T IE S .— As to guaranties additional to those shown In tabto
above see Detroit Hillsdale A S. W . and Fort W ayno A Jackson.
G E N E R A L F IN AN C ES.— Nothing has been charged to construction or
equip, nect. since 1883 except $7,599,099 for new equip. In 1096, the ou tla ys
charged to operating expenses for new equip, acot. am ounting In tuna to
51,291,877 nnd In l»0 3 to $3,360,773, and for construction to $4,221,840 In
10U6, again <l $3,743,920, these Items being exclusive o f expenditures for
renewals. Profit and loss surplus Jnn. I 1997. $17,208,320. In Jnn. 1907
dividend rate wan raised from 8 to 12
and In Jan. 1998 an extra dividend
o f 2 “;. was paid. In Jail. 1007 $13,900,000 3-ycnr 5 % notes were sold.
V . 84,_p. 271.
E A R N IN G S .— For 12 m onths ending Dec. 31 (partly cat. In 1907):
12 M oS. —
Cross.
Nit.
Oth. Inc.
Charges.
H a l.,S u m ,
1097
$10,843,000 $3,100,000 $8,611,000 $7,301,400
907 ..... $45,018,200
1906
906 . .
42,544.378
9.868,377
1.153.503 7.533,470
6.486.612
A N N U A L R E P O R T for 1906 at length was III V. 84, p . 744, 7 3 3 , A p ­
proxim ate statement for 1007 wax In V . 85, p. 1 0 7 4 .
Year ending Dec. 31
1097.
1006.
1003.
T otal gross earnings..
..
..$1 5 ,0 1 8,2 00 $42,544,379 $38,000,810
Operating expenses. .
............. 34.173.290 32,675.801 31,331,310
Net earnings . . . . ______ . . . . . . . M O .8 l3 .d 6 6 $9,868,377 $ 7 ,2 6 0 ,3 0 6
Net, Including other Incom e. . . ------ $ 1 5 ,0 4 3 ,0 0 0 $14 ,022 ,08 2 $ 10,787,002
Rentals paid ................................. - - - 1
1,150,186
1.395.615
Interest on d e b t_________ ______
4 .3 93.294
8 .6 4 1 ,6 0 0
3.9 1 1 .037
I

...1

1 .438.619

1.050.900

____
$37 6 ,1 0 0
$1 .339,962
3 4 3 ,3 3 1 . 1402, $74. 1576.)

$31 0,64 3

Dividends on guaranteed s t o c k .. . . .
5 3,339
5 3 .350
Dividends on com m on stock. ..
. (1 4 )0 ,1 )3 3 .3 0 0 (1 0 )4 .0 4 6 ,0 3 0 (3 )3 .0 3 7 ,3 2 0
Surplus over dividends .

LA KE SHORE S YSTBM.— M A HON 1NO COAL R R .—Owns from
Youngstown to A ndover, O ., and branches, 72 miles. Branch (prac­
tically second track) from Doughton to Plym outh, on the Lake Shore, 43
miles. Included above, of which, 18 mllos. built l>y Lake Shoro, was completed
In 1003. Leased tn perpetuity for 4 0 % o f gross earnings to Lake Shore,
Balance, s u r p lu s ....... .......................
$7,868
$18,313
$11,286 which Jan. I 1907 owned $865,000 com m on and $300,300 preferred stork.
— IV. 83, p. I 108 V. 84 p. 927; V. 83. p. 345. 000. 1374. 1576.)
D IV ID E N D S. - 1*09. M0. *01. *0 2 . *03. *94. T05 to A u g .*06. *9 7 . 1008
j 4 Xi 3 4M 8H
«
«
10 yearly.
12 Peh?«
LA K E SHORE A MICHIGAN SOUTHERN R Y .—(See Maps New York On com m on.
T ho preferred stock certificates are 3 % guaranteed and contain a clause
Central. ! — Operates from Buffalo to Chicago with branches. The main Hue
making
them
redeemable
at
par
nt
option
o
f
com
pany.
(340 miles) includes 26 mites between Toledo and Palm yra, Mich,, under
Year ending Dec. 31 1996, rental nnd other Incom e. $1,963,434; surplus
tease from the Erie A Kalam azoo (333 miles has double track).
over Interest and 11 % on com . and 5 % on prof., $789,641.— (V . 83, p , l 5 i 4 )
Rood owned directly.
ATll/.f.
Leased ( 's e e this C o .)
M ite s .
Buifalo. X . Y .. to Chicago, I I I ..540 Kalamazoo A A O. R _____
58
LA K E SUPERIOR SOUTHERN R Y .— Projected from Huron Bay.
Sundry b ra n ch es..............................330 Jamestown A Franklin.............
31
Hnrugn C o., M ich., southwesterly to Madison, WlS., about 209 mllos,
Entire stock owned.
Mahoning Coal R R . .....................
72
o f which Huron Bay to Champion. 40 miles, to be In oner, by June lu08
Detroit A C hicago............................. ra Erie A Kalam azoo (26 miles) ..T e x t .
s to ck noth . $12,900,090; outstanding Sept. 19 6 7 . $600,000. The
Detroit Monroe A T o l e d o .------------55 Detroit Hillsdale A S W ...........
*65
bonds ($12,000,000 authorized Issue) are subject to call at 103 on and after
Kalam azoo A W hite Pigeon............ 37 F o rt W n y n o A J a c k s o n ......... *08
Jan, 1 1917. O f the bonds. $609,000 were Issuable at once for rights of
Northern Central M ichigan.............. 61 Detroit T oledo A M ilw a u k e e ...
66 way and the old grade from Huron Bay to Champion. Mich., 33 miles, and
Sturgis O A St Louis......................... 29 Battle Creek A Sturgis..........
7
remainder as follows: $3,390 per mile o f right o f way, $1,390 per mile o f
Central Tru nk____
..........
5
constructed road for general purpose* and $30,000 per mile for construc­
Orand total oper. Jan. 1 *07. 1.320
Elkhart A W e s te r n ..........................11
tion. equipm ent, A c. V. 83. p. 1228. In Dec. 1007 tlu* Wisconsin R R
O f which owned
..
1 103
Commission authorized the Issue o f $990,090 bonds oil first 40 miles, V. 8 3 .
By control o f "N ick el Plate * the Lake Shoro has still another line from
p. 1646. P rrs., M. O. Phillip*. Oshkosh, W in.' Sec. and T reas., W K.
Buifalo to Chicago. Operates Dunkirk A llegheny Valley a Pittsburgh.
Rideout. — (V . 85. |i. 1462. 1646.)
Dunkirk. N. Y ., to Titusville, Pa.. 91 mllos, since Oct. 1 1Dot for account
LAKE SUPERIOR TERM IN AL A TRANSPP.R CO.— Owns 16 mllea of
o f New York Central. (V . 73. p . 063.) Lenses portion o f Detroit T oledo A
track
used for transferring ears between the depots and tracks at Weal
Milwaukee R R .. extending from Dundee to Hom er, M ich., 0614 mile*.
Superior, W ls., o f the proprietary com panies, v iz .. Northern Pacific. Chic.
V. 74. p. 370; V . 76. p 1026; V. 82. p. 7 10.
St.
Paul
Ulnn. 4 Omaha and Duluth S -Ah Shore A A tlantic, which own
Owns $17,000,000 stock o f the Chicago Indiana A Southern R R ., which
gee. V . Ml. p. 753, 754. Branch from Franklin, Pn., to OroofcvUle, 53 the $119,400 stock ($1,200,000 authorized). Bonds, see table above.
D. M. Phllbln. Pres., West Superior. WIs. — (V . 82. p. 161.)
miles, was under construction In July 100 7 and 25 in lies o f track laid.
LA KE TAHOE R V . Ac TRAN SPORTATION CO.— See Sect A pr. *Q0 ,
O R G A N IZ A T IO N , A c,— A consolidation on A ug. 16 1869. Tn 1808-00
LANCASTER OXFORD A SOUTHERN R R.— Sec page 178.
$43,289,200 o f the capital stock was purchased by t h « N . Y .C . A II. R , R R ,,
which gave In exchange Its 3 J4 % bonds at the rate o f $200 In bonds Tor $ 1 0 0
LANSING MANUFACTURERS’ R R .— See V . 81. p. 1373; V. 82. p. 602.
In stock. V. 66, p. 288: V. 69. p . 1237.
l a r a m i u HAHN’ S PEAK A PACIFIC R Y.— Owns from Laramie, Wyo.
New Vork Chicago A St. Louis road has been controlled by ownership o f to Centennial, 30 miles, opened July 1907; extension proposed from Cen­
stock sine** 1882, Lake Shore now owning $5,240,000 o f Its com m on.
tennial to H ebron, 78 miles. Stock authorized. $ 0 ,0 0 0 ,0 0 0 com m on; pref..
$6,273.non o f Its second preferred and $2,503,000 o f Its hist preferred stock.
6 ":. nou cu m .. M ,000,000 AUth.,* par o f shares. Iljp. (See V. 77, p, *24 >
T he com pany also controls nnd leases the Mahoning Coal R R , («*-e Lake
In Dec. 1907 the refunding 6 ($1.............. ...... . \miic) were»ir« red. $ 2 1 0 0 0 0
Shoro "S ystem ’ below) and owns Ibeeldes entire stock o f proprietary lines)
being reserved to retire tho nr*t 6s; they arc subject to call at 1 |:. fOI a Mink$5,000,109 Pittsburgh A Lake Eric stock; $30,207,700 o f the $5(),u0n,000 lng fund o f at least $30,ooo yearly, beginning 11)12. V. 85, n. ir.46. Pres .
Clove. Cln. Ohio. A St. Louis com m on stock* also $3,940.000 o f tne $ 1 1 .­
Prrd. A. Miller. Laramie. W yo —(V . 82. p. 803; V. 83, p, in to .)
840,000 com m on and $5,030,090 o f the $11,840,000 Lake Erie ,v Western
LEAVENWORTH TERM INAL R A IL W A Y A B R ID G E — Owns highway
preferred. V. 71 p. 1260; V. 72 p 870* V. 8?. p. 749.)
In 1001 purchased from surplus earnings $3, 2 0 0 ,0 0 0 Lehigh V olley R R . nnd railroad bridge (Opened Jan. I 1804), 1,110 ft. long, over Missouri River
at I.envrmvortb, K an., and valuable terminal nronerty In that city. The
stock for $1,920,000; total Lehigh stock owned. $5,700,000. V. 74. p. 870.
A lso owns one-half of the $00,065,000 Reading C o. StOOk acquited by tho intge. contains n s. f, provision. Kansas City St. Joseph A C. B. (Chicago
Penn«ylvanln*VamIerbllt interests, v iz.. $6,065,000 flrst preferred. $ 1 4 .­ B. A Q.) and Chic. It. I. A P. use the bridge nt an annual rental o f $10,000
265,000 second preferred and $10,002,500 com m on stock, the other half each, under a 30-year contract from 1604, and Chlo. (it. Western from Sept.
I 1893. for 30 yrs.; rental $1 1.250. For year 100A-O7. gross, $ 7 0 ,0 1 6 ; net
being held by the Baltimore A Ohio. V. 8 0 . p . 1856. As to purchase of
one-sixth Interest In m ajority H ocking Valley Ry. com m on fttook, sea that 531.620: Int . 130,099: bab sur $21,620. S to c k ,$600.000.— (V.6U. p. 404.)
com p anv. V . 76, p. 102, 138; V. 77. p. 451; V. 33, p. 37.
L E H IG H A H UDSO N R I V E R R Y . — O wns from G reyco u rt On Erin R R ,
List o f stocks o f companies owned Doc. 31 1906, V. 84, p. 751, Set* also
to lls lv ld rre , N. J . . on the P e n n sy lv a n ia l i l t . , 63 m iles: O range C o un ty I t lt ,
V . 78. p . 48, 1004; V . 80, p. 1852; V . 82. p. 740.
(en tire sto ck ow n ed — no bonds Issued ), H udson Jc.t, 10 M ay brook, S'. Y . ,




ITeUnii
Tfh anm

T lntlc

Thistle
ENVER
Alchiip]

Austin
1ARSON CITY

River

L eadville\

LO R

SACRAMENTO

Marysvale

Davis,

[outrostv

ISLA N D

KANSAS G",'

_y*«O.V

TOPEKA /

Holden

uColorado Sprs.
Puebio

V

PORI,

La Junta

X a th rop

'o Candelaria
C J±U A .

lUamokrt'

.Merced
Durango

Antonjtrv

.Trinidad
. f f orndu

Keeler

\d*tt

# C H !

RAILWAY STOCKS AND BONDS.

ACTON

,

[onctlr

rvewrD/ j

Cochran Jtv .Bakers/] old
jV Mojuve

C oolldge

The Need 11

7

.olbrook
'ulton

Barstow *TCM'

Jledonc

A.

.

&

P>J(

I'Amnrillo'

Albuquerque

Washburn

WLWI

Carthage

McniT

Roswell,

^PHCENIX

Globe

C r# V erno'ha

Crocker

3IsricopaJ

, \ Magdalene*

tt

nffKHOK ClTy^V.

P

Rincon

Nogalej

>1

OffO*Q*>%±L

National Gin

Bensoi

McAliestj

Qua nab

[Magdalena

" ,

5

tDenison5

Gni.n-v.

f f * r CAULtV
RSYLVtSTEK

S . ammtow *

,aso del Norb

iliente

PocosV

tTfcxarkana

'

Ft. W o rt I

yMT.MAWOABrr

/

'SAN ANGCLO

n illsb*/r

^Sierra Blanca
Marfa

v® Arkansas Cy

\\
V

ALswccTW AT c a

Lordsbui

Dallas

Temple'
Kerry! He

AUSTIN,-^

pac.X

Shreveport

Tyler,

aroe

>

<

.Mllanb
‘Imrlis
ioGston

Ciudad UA.
T o rlirio l>ia^/T\t *

•»an.. 1908.|

MAP OF TU B

Sabinas^*^^

R A IL W A Y & CONNECTIONS.
Shortest Line from Kansas City to Pacific Ocean.




OALVCSTON

*-X’DHoudoJ

K A N S A S CITY,
M E X IC O & O R I E N T

■

‘ .
<?/ -Monclova
Rincon /
, * / X ju n p a z o s/^ "
^ L T rcv in o
/
T om ,oj

.M onterey

lexm id^a

Lufkiu

Antonio

^

log roe
Vicksbuj

Corsfcaua

Gates V.

iguna

^

Poplar Bluff

Texliniv

•ri>us Cliristi

’ort Arthur

/

BATC N

RAILWAY STOCKS AND RONDS.

80
RAILROADS.

For explanation of column headlnys, Ac., see notes
on first page of tables.
Lake Superior S o —1st M $12,000,000 g red text . . K
Lake Superior Term & Transfer— 1st M $500,000-----L Talioe Ry A Tr Co— 1st M g $500,000 8 f beg 1005
Lancaster Oxford A Southern— 1st M $200,000 g o l d ..
Lansing .Manufacturers— 1st M serial Intercat re n ta l..
Laramie II P A Pac— 1st M $$,000 per m g ..A B .c *
1st ref M $1 ,800.000 gold sink fd red 115 ......... Go*
Leavenworth Terminal Ry A Bridge— 1st M B O ld-.C e
Lehigh A Hudson River— 1st M gold Int red to 5 % .C c
Second m ortgago g old __ ___________________________
W arw ick Valley first m ortgage extended In 1 0 0 0 ..
Second m ortgage............................... ............ . . — - Leh A Hud Rlv gen M $3,000,000 g (acts text) -Ce.c*
Debentures $ 1 0 0 ,0 0 0 red 105 after Nov 1011 - - - Equip trust certs gold due $ 1 0 ,0 0 0 y e a r ly .. PeP.c
Lehigh & New England — 1st M $1,000,000 g o ld .. FP
N orthampton 1st M g $300,000 guar red Ulft.FP.c*
Lehigh * Delaware 1st gen M redeem at 1 0 5 ............
Consolidated m ortgage $3,000,000 gold call at 1 0 5 ..
Lehigh Valloy— Com m on s to c k ....... ..................... .. O P
Preferred stock 10% (V 7 0 , p 151, 200)................OP
First m ortgage extended In gold In 1808 — QP.cAr
Second m o rtg a g e -------------------------- - ----------------- — r
Consolldat M lcou pon A reg $1,702,000 4 M s ..c A r
J lO.OOO.OOO/annulty $2,538,000 aru 4 M s------PP
General consol M $150,000,000 g o ld ------ G P .c * A r ..
Collateral trust bonds $19,000,000 see t e x t .OP c* Ar
Equip, trusts Series C g. due $200,000 y e a r l y ..PeP
do
gold Scries D duo $300,000 yearly__
do
gold Scries E duo $82,000 yearly____
do
gold Series K due $80,000 yearly__________
do
gold Series G due $100,000 y e a r l y ...
do
gold S erbs H duo $00,000 yearly . . .
do
gold Scr. I duo $ 100,000 y'ljr (V . 85. p.412)
do
gold due $ 1 0 0 ,0 0 0 a e m l-a n ......................
Hands of Controlled Properties—
Lehigh A N V 1st M gold guar p A I............Mp.c
Leh Val o f N Y 1st M golil guar p A I (end) Q P.c
Lehigh A Lake Erie first M S3,0un.000
’

16
28
5
30
3
42
03
ia
22

74

1 ft

___
All
___
101
101

i
401\
___
—-rt
..-

117
283
—

Coal acres.

See text.

1906

$ 1 ,0 0 0
1 .0 0 0

$105,000
300.000

100 Ac

2 0 0 .00 01

1 ,0 0 0
1 ,0 0 0
1 .0 0 0
1 ,0 0 0
1 ,0 0 0

240.000

1808
1870
1873
1873
1903
1903
1899
1890
1899
1902
1902
1005
1906
1907
1895
1890
1907

75.00 0

See UMCI

164.0 00

145.000

500 Ac
500 Ac

210.000

1.320.000
230.000
300.000

1 000
1 ,6 6 0
1,0001
1 .0 0 0
1 .0 0 0
1 ,0 0 0
50

1 , 000 ,0 0 0

Rate
%

When
Payable.

8
6 ff

1 .0 0 0
1 ,0 0 0
1 .0 0 0

5g
5g

8 g
8 g

5 g

5 g

5g
4M
6

5 g
*M g J
5 g
J

10.400.000 M A 8 J
12.800
000H A 6 J

1,000 Ac
1 ,0 0 0
l ,0 0 0
1 ,0 0 0
1 .0 0 0
1 .0 0 0
1 .ooo
1 .0 0 0
1 , 0*10
1 ,0 0 0

22.830.000

18.500.000
400,000,

000 .0 0 0 1

82.000

180.000
300,000
NoneJ y *07
2,000,0011

. . . . .

Fil'd uleld

B O N D S.—T h e gen. consol, mtgo. o f 1903 will secure $160,000,000 bonds,
bearing not to exceed 5 % Int.. covering the entire road, the stock o f the
Lehigh Val. Coal Co, and other stocks owned. O f the bonds, $10,000,000
were ixsuablo at once, $10,000,000 wore reserved to rctho $8,516,000 car
trusts, scr. A to G In d u s.. and $1.535 ,0 0 0 coal purchase bonds. $06,000,000
to retire at or before maturity outstanding fixed obligations amounting to
$04,130,000 fin d , the coll, trust bonds, and $2,000,000 coal trout certificates
o f 1002. which were called for p aym ent), on paym ent o f which tbo
general consols will bo a first Ken on all the property o f the system , except
as to $ 1 2 , 6 0 0 ,0 0 0 annuity bonds, which are a perpetual charge; the re­
maining $31,000,000 are Issuable at not exceeding $2,000,000 n year, or
such larger amounts ns m ay be authorized by stockholder*, beginning Jan I
1006. for acquisitions, terminal*, coal properties, equipment, A c. Old
bonds m ay. however, bo extended If noe<rnary for not over two year*.
Provision may bo made at the tim e o f Issue of bonds thereunder for the right
to convert Into stock at tho pleasure of the holder not over lift,d o 0 . 0 0 0 at
any one time. V. 77, p. 824; V. 78. p . 287: V . 79, p . 1042; V. 82, p . 1330.
See property covered In V . 8 1 , p . 2 1 1»
Tne purchase o f the stock o f Coxe Bros. A C o. ($ 2.u in ,t5 o) an d o f the
Delaware. Susquehanna A Schuylkill R R . ($1,300,000) In Ont. 100ft was
financed b y an Issue of $10,000,000 col!, trust 4 % bonds, to bn retired In
$600,000 semi annual Instalments beginning Aug. 1907 ami scoured by
deposit of those stocks. The bonds are subject to call os a whole at 102$$

A

A
A
A
A
A
A
A

•l B
•I g
4m e
4

h r

4M

g
4 g
4M g M

4

2.000.
000
15,000,000,
4 m gJ
2.000.
0001

1 .0 0 0
l ,0 0 0
—

M

0007

8 .0 0 0 .

Where Payable. and by
Whom.

Domis— P rinci­
pal, When Due.
Stocks—Last
Dividend.

Jan 1 1047
April 1 1000
Oct 1 1031
April 1 1035
July 1 1015- 30
July 1 1020
Oct
1 1U32
Jan 1 1023
July l i o n
July l 1017
July l 1011
April 1 1012
July 1 1020
July l 10 2 0
D
Juno 1 '0 8 -1 8
020 Chestnut S t, Fhlla
July 1 1045
do
do
Jan 1 1052
July 1 1054
do
do
do
do
Oct 1 1053
O
Jan 1 1 1008 3
J Checks mailed
Jan 11 1008 5
do
J
Juno 1 1048
D
do
Sept 1 1010
do
s
____
Dec 1 1023
do
Di
Irredeemable
do
do
D
N [JP M orgnnACo.N Y AFhU May 1 2003
Aug *08-Feb 28
A
do
do
D Phil Penn Co for I, A c To June 1 , 1 0 0 0
S Prov Life A T r Co, Phlla T o Mar 1 1010
Feb 1 1900
A, Philadelphia
B M
T o May 1 1000
N
do
T o Aug 1 1010
A
do
T o Feb 1 1013
A
T o Sept 1 11»18
Si
Melt ' 0 8 -Scp '17
S
Mero Tr C o, San Fran
Farmers T r C o , Lancaster
Union Trust C o, Detroit
Ainer Loan A T r C o , Boat
LDarnum A C o.N Y ALosA
Central Trust C o, N Y
Nattonul Exrh Bank,
N Y , and First Nat.
B k. W arwick. N Y

5g
J
300.000
750.000
5
.1
1.380.000
40.334.800 ln51007
108,300
30
10
1 ,0 0 0
5.000.
0004 g

7.242
124,000.000
Owned In f e e .................
15,217
3,7-11 : i i , o o o .non
Perpetually leased...................................... 8.123
1,708
47,000,000
Term lenses .................... ....................... 1.708
Controls through stock ow n ed.................u.220
4,519
50.UOO.OOO
Collieries 51. dally capacity about 30,000 tons. (V . 62. p. 364.) The
llazclton Coni Co. (chartered In 1896) stock Is owned amt Its $2 ,0 0 0 ,0 0 0
first m ortgage 5m also ow ned and guaranteed—see V. 64, n, 137. !u 11)05
purchased the holdings o f Coxe Bros. A C «. V. 8 1 , p. 11 /a: v . 63, p . 7 0 2 .
The Coal Co. shipped from collieries ow ned and controlled 8.867,264 tons
» f anthracite coal In 1906*07. against 7,667.666 tons In 1903 06; total cool
and coke tonnage, 1900 07, was 1 1 , 3 7 4 .2 1 6 .
D IV S .— 1 *87. *88 to *91 ’92. *93. '04 to ’03, 1901. '05. *06. '07. 1908.
s in c e *83
4 4
5yearly 3 4
4 None A u g ..l
1
\ 6 J a n ..3
in Jan. and July 1007 and Jan. 1008. 2 % and I % extra. V. 84, p . 102,




Amount

1901
1003
1005
1904
191)7
1893
1881
1887
1879
1881
1890
1907
lano
1805
1902
1904
1903

on Cent. N. E. R y. (Poughkeepsie Bridge). 11 m ,; trackage. S. K. A P.
lt .lt . Phllllpsburg to Easton, I m .; trackage, Penn. It It.. Bel video* to
PUllIpBblirr, 13 m .; O nt. A W est., Burnable to Campbell Hall, 2 in,; I). I..
A W . trackage, A ndover Jet. to Port Morris, N . J .. 8 m .; total opor., 0 8 m.
V. 70. p. 260. S tock. $1,340,000; par. $ 1 0 0 .
BON DS.— O f the $1,320,000 gen. mtge. bonds ou t, $1,042,000 are guar.
Jointly p. and I.. by the Central H R . of N. J. and Leh. Coal A Nav. Co. An
additional $1,535,000 are reserved to take up prior liens and $ 134,000 for
extensions or acquisitions o f connecting roads. See form o f guaranty.
A c.. In V. 67, p, 788; also V . 85. p. 1813. Loans and bills payable June 30
1007, $72,000. Equipment trust 4 M b, V . 83, p. 06.
E A R N IN G S .— 3 inos., \ 1007......................Gross. $220,041; net. $10,027
July t to Sept. 30.
/100*3......................Gross, 179,030; net. 84.711
Def. undercharge*. $7,040. agst. sur. $46,064 In 1006. See . V 85, p.1312.
A N N U A L R E P O R T . -F o r years ending June 30, V. 83, p. 1313.
Year end. June 30—
Cross.
Met.
int.. tax, Ac. Dal.,sur.
1006-07 ................................. $811,331
$301,283
$240,806
$13,387
1905 06 ................................. 662.384
255,241
182,760
72.401
Lewis A . R iley. Pres., Philadelphia, Pa. New Directors, Dec. 1004,
V . 70. p. 2442. — (V. 82. p . 440; V. 83, p. 06. 1588; V. 83. p. 1513.
LEH I (111 A NEW ENGLAND R R .— Operates road from Slatlngton, P a .,
to Campbell Hall. N. Y .. 03 m ., Bethlehem to Bangor, P a.. 31 m .; Bath to
Martin's Creek. P a .. 20 m .; branches. 32 m .; to ta l. 178 m ., o f which two sec­
tions, aggregating 35 m .. arc traokage, leaving 143 m. owned. V . 70, p.
2642.
In Jan. 1904 Lehigh Coal A N avigation Co. acquired control.
V. 78. p. 229, 1781 1962.
S E C U R IT IE S .—S tock. $1,000,000; par, $50. O f the consols o f 1903
($3,000,000) %1,300,000 Is Issuable to retire underlying bonds, ih o remainder
for extensions and Improvements; trustee, Provident Loan A Trust C o.,
o f Philadelphia. V. 77, p. 931
E A R N I N G S . — For year ending June 30 1906 <132 m iles), gross, $565,109;
net, $205 673; Charges, $185,901; balance, surplus, $19,682- Prov., \V. A.
iwithrop: V ice-P res., W m . J. Turner; Sec. and T rea t., II. F. Baker. - ( \ r. 78,
p. 1062; V. 79, p. 2642; V. 83, p. 16 16.)
LEHIGH V A LLE Y r r . ~{Sco Map.)— Jersey C ity, N. J ., opposite N. Y .
C ity, to Buffalo. N. Y ., 450 miles, with branches, viz.: (•Sec these c o s .).
Fee or Entire Stock Owned—
Lehigh A N. Y ., Pa. S late line
Mites.
to No. Fair Haven, N. Y __
115
70
Buffalo. N . Y ., to Snyrc, P a . . . 181 O t h e r ..............
Leased—
W llkesbarre, P a ., to Jersey
C ity .............................................. 174 State Line A S u lliv a n ................ ( 24
4
Elmira Cortland A N or*............ 130 O t h e r ................................
B r a n c h e s -................
044 Trackage to Swap. Bridge,A c . .
40
Pa. A N. Y .. W likes bar re to Pa.
State lino (with 43 miles
T otal June 30 1007................... 1 ,4 4 0
branches) . . . . . . . . . ------------ 140 Second
_
track.................................
________________ _______ 5___
70
H IS T O R Y . A c. — In 1901 the Erie, Lackawanna, Central of Now Jersey,
Reading and Vanderbilt Interests entered the directory. V. 72, p . 137, 391,
The I Alee Shore A M idi. S o. In 1001 purchased $3,200,000 o f the stock.
V, 74. p. 853. The R eading Co. on Juno 30 1907 owned $1,000,000 and the
Central R R . o f N. J. $ 1 , 6 0 0 ,0 0 0 slock. V , 81, p. 971. For list o f securi­
ties owned* see V. 66, p. 187.
In October 1903 the entire capital stork o f Coxe Bros. A C o ., owning e x ­
tensive coal properties In Luzerne and Carbon counties. Pa., and o f the
Delaware Susquehanna A Schuylkill R R .. extending from Drtfton to
Go wen, P a.. 31 miles, with branches, 17 miles, were acquired. See
"F in a n ces" below, v . 8 1 . P. 1173. 1242. 1376: V. 82. p. 100; V. 83 p. 702.
COAL P R O P E R T Y . — The Lchtgfl Valley RH. Co. owns 3.619 acres o f
coal lauds and all the ($650,000) stock of the l*rhlgh Valley Coal C o., which
in December 1803 owned anthracite coal and surface lands:

Total acres.

INTEREST OR DIVIDENDS.

Miles Dale SUe, or
Par
of
of
Road. Bonds. Value.
. . .

[ V o l . i<xxxyi.

Sept l 1045
4 g SM
J P Morgan & Co, N Y
J JPM organ A C o.N Y A Phil July l 1040
Mar l 1057
r IM

4M

beginning A ug. 1 1012, or la tho order o f serialVnumbers.
. 81, p . 1175
1212. 1370; V 82. p. IU0: V. 83. O. 702; V. 84. p. 1428.
G U A R A N T IE S .—Elmira Cortland A Northern Hit.— Tilts road, with the
Canastota N orthern, runs from Elmira to Canastota and Cam den, N . Y .,
140 miles. S tock. $2,000,000, Is ow ned. V. 62. n. 364. 1177.
LehUjh Valley Railway Co. of Nno York.— Owned Buffalo, N. Y ., to near
Sayre, P a.. 175 m. double track, and branches to Ithacu. A uburn, A c., 106
m .: In all 281 miles, covered by $15,000.noo m tge. o f 1890. but In 1903 and
1905 consolidated with other sub. 0 0 0 . and In 1907 absorbed tho Lehigh A
Lake Erie; total mileage now Is 501 miles. S tock. $11,200,000. all owned
b y Lehigh V al,R E .. was In Jnnc 1907 authorized to lx? Increased to $13,543.*
000. o f which SI 1.343,000 issued. Mortgage abstract. V. 51, p. 114; V . 77.
p. 1 17. 972; V. 81, p. 784; V. 83, p. 38; V. 84. p . 1366.
LehUjh Valley Terminal Railteat/.— Owned double track road from South
Plainfield, N. J ., to Jersey C ity, with about 125 acres at Jersey City and a
large water front there, A c. Merged In A ug. 1003 with other sub. cos.
In L . V. o f N. J ., having a total mileage o f 119 m .. Its $12,506,000 o u t­
standing atoek ($7,927,000 additional In treasury) being all owned by
Lehigh Val. RR. V. 77. p. 972; V. 53, p. 640. 880: V .8 1 . p. 78 1; V. 83. n. 703.
M orris Canal.— Leased for 999 yearn and dividend.* guaranteed. Bonds
all ow ned by Lehigh Valley. See V. 50 p. 137.
Pennsi/ttania A New York Canal A Railroad.— Leased for 09 years from
Dec. 1 1888 to Lehigh V alley, which has assumed Its debt and owns all Us
stock. Thu consol* Include $4,000,000 o f 5 per cents, $3,000,000 o f
4s. J l . 500.000 Of 4 Ms. V . 62 p . 950.
Lehlcjh Valley Coal Co.— See ' rCoal P rop erty" above. V , 81, p. 1726.
Consolidated Real Estate Co.—See V. 78. n. 1223; V . 79. p . 1271: V . 83.
p. 702. T o June 3o 1 9 0 7 none had been Issued.
Seneca County Ry.. $300,000 guaranteed bond*, none Issued Juno 30
1007. See V. 79, p. 1271.
In March 1907 tho Lehigh A Lake Erie made a mortgage to K0UIO $3,000,­
0 0 0 bond* for n terminal Hue, «r which $ 2 , 0 0 0 ,0 0 0 were sold In 1906.07.
road *-------------------Is leased for DOu
- years. *V. 84. p.
V . 8 1, n. 211; V . 83. p. 702. The .......*
12 18; V. 83, p. 112.
EARNINGS. -F or 3 mo*, ending N ov. 30 1007, gross, $16,739,974: net,
$6,350,384. V 86. p. 52.
A N N U A L REPORT.—Fiscal year ends June 30. The report for 1006 07
was given In V . 65. y. 4 0 1 .4 1 0 . Seo also editorial, p. 378.
1906 07.
1903-06.
1904 03.
Earnings from con i.*,............................... $15,110,899 $13,248,065 $13,630,337
Miscellaneous fr e ig h t .............................. 14.096.073
13.934,127 12,432,583
l*at ..Mlger*..................................................
4,363,432
3,971,392
3.309,825
1,597,408
1,635,773
1,803.098
Mall, express, A o .....................................
Operating expenses.

.$36,068,432 $32,789,837 $31,273,843
20,182.211
18.929,701

Other Incom e____ . ______________

. .$13,084,170 $12,037,646 $12,346,141
808.832
433.011

T otal I n c o m e .. * ..------ . . . . . .
Additions am! Im provem ents----Interest and re n ta l*......... .........
P
. . . . .
Miscellaneous-------------, ---------------

.$14,800,317 $13,146,493 $12,799,132
1,370,227
. 2,068.590
1.411,551
. 5.865.076
5,073,892
3,217.370
707.040
..
885.909
724,050
43.753
..
53.888
33.286
$7,094,914
$3,431,334
318.189

N et Incom e co a l p rop erties . . .

. . $8,874,363
. $0,024,054
.
111.250

T o ta l net In c o m e .....................
D iv id e n d s on preferred s t o c k .
D ividen d* on c o m m o n s t o c k . .

. $6,136,204 $5,770,07.1 $6,028,437
(10) 10.030 (15)13,945
. (10)10.630
.(3)2,016,740 (4) 1,613.392 (3)1.210,041

Total d e d u c t i o n s . . . . . . . . .
■

I

■

$7,406,263
635,548

. $4,108,831 $1.1 16.031 S4,302.4 18
Balance,____
s u r p lu s
Pro*., E. B. Thom as, 143 L iberty S t., N. Y .; Asst, to Pres., E. A . A l­
bright; 1st V .-P ., j . A . Middleton; Gen. M gr.. M. U. Gutter: T rca*., W . c .
Aldereon; Seo., D. G. Baird, 228 S o. 3d S t.. Philadelphia; Executive Com.;
Chairman, Ebon B. Thom as; G eo. F. Baker, E. 1. Stotesbury, Charles
Steele. U . M cK . Tw om bly and Geo. F. Baer.
ird T. Stotrshury. S. P. \S«>Uertou, J<i«cph W harton.
Geo. If. MePaddtm. Charles Steele, Irving A . Stearns, Abram N esbitt.
H. M cK . T w om bly. Ebon I). T hom as. Geo. F. Baker. K. M. Sm ith, Geo. P.
Baer and Ruhr.. 0 , L lp p tn cott.— (V . 83, p. 1003; V 86, p, 52.)
LEXINGTON A EASTERN « Y. —Own* from Lexington. K y ., to Jackson,
K y .. about 92 miles. Extension from Jackson to Hazard, H y ., 33 miles,
to ho luajuu lii spring o f 1908. S tock, $300,000: par. 5100. Reorganized
without foreclosure In lu o i per plan V. 73, p . 603.
B O N D S.— The l » i mtge. 81 were extended at same rate o f Int. to July 1
19U* tho com pany having tho right to call and redeem all or a n y o f them at
102 and Int.
All Int. on tho gen. mtge. bond* WM waived to A ug. 1 1901.
Int thereafter to he paid In cash Fob, ami Aug. I. as follows; $ % yrarly
for 5 year*, then 3 % for 5 year* and 5 % yearly thereafter to m aturity. De­
ferred debenture* wlti be Issued from time to tune for ha!, o f the Int. not paid
In cash on the gen. mtge. bonds accruing after A ug. l 1901, such debenture*
($373,000 eventually) being payable without Int. whenever thn com pany
shall decide (either in ca*n or gen. m tgo. bon d s), but Immediately If a
dividend I* declared on stock.
E AR N IN G S. 5 men.. 11907____
____G row . $239,011; net. 194*167
July 1 to Nov 30
1 1906 .
......... G row , 237,069* not. 97,801
Year ending June 3U 1907, gross, $583,329; net, $199,0 1,1; other Incorn* ,
$910: charge*. $137,900; bnl., sur., $62,053. Pres,, Arthur Oary. LcxluglOa. Ky. — (V . 76. p, 542.)
LEXINGTON UNION STATION CO,— Owns station a t L exin gton, K y .,
opened J uly 1907.
Comiinm stock, llft.n o o , owned equally b y l/oulsv A N ashv., Chcs, *v.
Ohio and Lexington A Eastern. There will be Issued$800,000 o f the 1 %
cum ulative (non voting) preferred stock, secured b y m art, and rentals paid
by atwivc-iinmed road*. Pro*., J. Rovers Bair: S e co n d T tw is.. \ . Mitchell Jr.

^ = 7



RAILWAY STOCKS AND BONDS.

82
RAILROADS.

For explanation of column headings, A c ., pet notes
on first pafft of tables.
Lehigh Volley— (Concluded)
Lehigh Val Term 1st M £Old puar p & 1 cm l.C o.o* Ar
Kan ton A j\mboy l»t M Kaston to Perth A m boy t?uar
Easton A Nor 1st M trold sruar b y Leh V a L O P .c 'A r
Middlesex Valley 1st M $600,000 g o ld ........... Cc.o*
P cnu& N Y C an& H R — C ons k u (text) p & l (e n d ).(lP .r
Elmira Cortland A Nor 1st pref M ijoh l____. .Cc.e*
First m ortgage gold guaranteed p & 1 (e n d ). ..C e
Morris Canal stock l % guaranteed ooo year*............
Preferred stock 10% ipmrantccd 0!)J) ycuirs...........
Lehigh VftlCoal C o —Snow Shoe 1st M uottfuar OP.r
L V Coal Co 1st M $12,000,000 k « f not draw n .c*& r
do
Interest reduced............................... .................
Delano L ’d 1st M gold guar s f *30.000 yea rly. - OF
Consol Real Estate 1st M $2,800,000 *u a r ------ U»m
Lexington Sc Eastern— 1st M tf ext In 1001 rod 102Cc.c*
General mortuatco k o h l.................................................N.r
Lime R ock— Consolidated refunding m ortgage g o l d ..
Litchfield fit a\(i til sun first m ortgage $ 1 ,0 0 0 ,0 0 0 g ..O C
Little Fall. & D olg.vllle— 1st M *250,000 g o ld ...........
Little AUsml— Stock com guar 8 % 00 years P C A St la
Renewal m ortgage........... .......................... ................ c
New mortgage ($3,000,000)— V 7K p 184 241, 1080
Little Rock A h ot :>p W est— 1st M g gU P & I cn d.SS t
Little Schuylkill Nnv ItK It C oal—Stock (rental guarl
Long 1 , land—Second (now llrst) m ortgage. - .......... o*
Consolidated m ortgage gold ($3,610,000 are 5 s ) . Cc
General mortgage g o ld ..................- ............................ Cc.c*
Ieong Isl HR M on ferry for $2,750,000 g o ld .-C e .c *
Stewart Line m ortgage o f 1032 for $500,000 g old .C c
Debenture 1*1.300,000) gold not subject to ca ll ____
New York A Flushing rtrst m ortgage assum ed -----B rooklyn A Moutauk 1st M ((280X100 are 6s).C c.e*
Second M goltl ns-s'il Bus Sta to Eastp A brs.C e.c*
l^>ng Island City A Flushing 1st M a s s u m e d ....c *
Consolidated m ortgage goUl assum ed........... C o e '
fle w York Bay Extension *200.000 1st M assumed

Miles Date Slcv. or
Amount
of
of
Par
Road. Ronds. Value. Outstandlno
31
flu
12
22
i in
110

02
12
41
84
84
53
32
155
150
103

jjL

18
2
7fl

70
12
10

0

[VOL. LXXXVI.

INTEREST OR DIVIDENDS.
Rate
%

When
Payable,

Where Payable, and bp
Whom.

A A O J I’ Morgan A C o.N Y A P h
$1,000 $10,000,000
5 g
\I A N Om co. 228 So 3d St. Phil
0.000.000
1.000
5
do
do
51,000
500 Ac
4H * M A N
211,000
3 g
M A N Philadelphia
1,000
8. ,500.000 4 4 Vi. 5 A A O Lehigh Valley R R . Phlla
1.000
do
do
750,000
tl A <>
1.000
« g
do
do
1,250.000
6 g
A A o
1,000
•1
706.700
100
F A A Olllee. J38 3 3d St. Phlla
do
do
003,600
10
F A A
100
1884
358.500
5
500
■1 A J Philadelphia
1802
5 g
J A J J .P .M o r g .i c o .N Y& Phl
1,000 10.114.000
do
do
A J
1,400.000
1802
4 g
1.000
J
1801
1 .000
1,081,000
3g
J A J Phlhidtdphla
1000
1,000 In treasury
4
P A A
J A J J K Toil & C o. New York
1805
850.000
5 g
l .000
1805 1,000 Ac
1.500,000 Sec text. F A A See text.
100
300.000
J
A
J Portland Mo.
400.000
4 g
1.000
C00.000
M A N 52 W m S t. N V; A Chic
1004
1,000
5 g
3 g
250.000
1003
100 A c
J A J Amer Exch Nnt Bk N Y
8 2*6 O -M 10 Ofllce. Fosdlck Bldg, Cln
4.943,100
50
1.000
1,500,000
5
M A N .Bank o f Am erica, N Y
1882
2.422.000
do
do
V A A
1001
i.o o o
3W
1,140.000
1800
1,000
4 g
.1 A J.St Louis and Philadelphia
2,487.850
A jlOfflCC. 410 W alnut. Pblla
50
J
5 g
F A A U S Mort & T r Co. N Y
1878
100 Ac
258,703
7
Q— J
do
doA L on
1881
1,000
4.731.000 4 A 3 g
1888
1,000
3,000.000
4 g
J A D
do
do
1.404,000
tlo
do
1802
1.000
4
g M A S
do
do
1802
332.000
4 g
*1 A I)
l .000
do
doA L on
180 1
1,000 s i , 135,000
5g
.1 A U
M A s
1880
1,000
do
do
125.000
0
do
do
1881
1 ooo
1.000,000 5 A 6 g M A H
600.000
A L>
1888
J
do
do
1,000
5 g
6
1881
M A N
600.000
1.000
do
do
ft g
M A N
1.000
650.000
do
do
1887
A
1803
n 100,000
do
do
1,000
J
J
1801
1880
1805
1802
1888
1884
1884

LIME ROCK R R .— Owns road In and around R ockland, M o., u m ,;
trackage. 1 m .: total. 12 m. Stock. *130,000; controlled b y tile ItocklandR oekport I.lm c Co. o f Maine. V . 82, p. 1380. Year ondlrnt June 30 1008,
gross. *113.070: net, *8 0,M 7 ; other Incom e, *3,870; cltnrgcs, *20,338; dlv.
13Tb». *22.300; b a l., sur.. *20.707. Office, R ockland.— (V , 82, p. i.iao.)

s

Ronds— Prind*
Stocks—Last
Dividend.
Oct 1 104l
May I 1020
Nov 1 1035
Nov 1 1042
April t 1031)
April 1 1014
April 1 1014
Feb lOOtt 2 %
Feb 1908 5 %
Jan t in to
Jan 1 1033
Jan 1 1933
Jan 1 1932
Felt I 1036
July l l u l l
Feb 1 1033
July i 1920
Nov 1 1034
103$
Dec 10 *07 2 1*3
Nov 2 1012
Feb 1 1051
July 1 1939
Jan ts lOOS. 2 **
Aug I 1018
July l 1931
June 1 1938
Mar 1 1922
June 1 1932
June 1 1934
Mar l 1920
Mar 1 t o i l
June l 1038
May t t o i l
May 1 1937
Jan 1 1043

passenger station at 33t! St. ami 7th to lOtlt avenues, amt thence under the
East lllver to a connection with Long Island H R ., and thus with N . Y
N . H. A II. U R .: see V. 74, p. 830; V. 73. p. 1203; V. 84, p .o .H
As to Im­
provem ents, sen V . 80, p. 31)11, 007; V, 81 , (t. 31; V . 8-1. p. 1832.
L A T E S T E A R N IN G S .— For I) m onths ending Sept, 30:
0 Months.
Gross.
,Vrf.
Other Inc.
Cnatvrs.
Itnlanre.
IU07
...* 7 .8 3 1 ,2 3 0 *1,111.800 *222,178 *2,008,128 del. *434,158
1,742,023
102,118
1,882,707 sur. 51.702
1008......... - 7.383,031
R E P O R T .— R eport for calendar year 1008 was In V . 84, p. 80*.
1006.
1003.
Inc. or net.
Gross ea rn in g s ................................ * o ,5 ob ,5 o8 jft.s o i.-io o In c. * i ,o o 4 ,i * »
Operating e x p e n se s .................... .7 ,4 8 1 ,1 8 2
8.832,201 tuc.
848,081

LITCH FIELD & MADISON R V .— Owns LltchClctd Jet. to Madison, III.,
44 m .: trackage, I m .; total, 45 m. S tock, com m on, *500,000; pref., 4 %
non -cum ,, *300,000: par of shares. *100. Form erly controlled by Cldc.
Peoria * St. Louis, hut In 1001 control waasold to John R . Walsh and asso­
ciates o f Chicago. Car trusts June 30 1007, *101,078. For year cutting
June 30 1007, dross, *308,371; net. *130 088; c h a n c e s , *.10,137; ha l.,su r.,
500 831. Pres,, James Duncan, A lton , 111.; SCO. and Treas., D. M, Cato
cr o n ,— (V . 70. p . 2138.)
$245,168
.$2,114.13*1 *1 ,800,20ft Inc.
Net earnings.....................
LITTLE FALLS * O O LOBVILLE R R .— Little Falls. N . Y ., to Dolgc
$228,057
$2,520,1) 11 $2,202,884 Inc.
vUlo. 10 miles. V . 73. p. la. S tock, *250.000. of which the N. v . Cent. 'Total n e t........... ........................
403.100 Inc,
11.401
.
117.051
Fixed
rentals
o
f
leasctl
roads.
fc Hudson River In July 1008 acquired a m ajority. Honda, see table. For a Interest on b o n d s ..............
1,550,357 Inc.
222,108
. 1,772,465
year ending D ec. 31 1008, gross. *38,881; net, *23,022; charges. *0.075.
20,977 Inc.
11.465
.
41,442
Pres., W . II. Newman; S ee.. I). W . Pardee.— (V . 83, p. 272.)
241.635 Inc.
18,928
.
260,563
14,926 Inc.
11,033
LITTLE KA N AW H A R R .— Parkersburg. W , V n., to Palestine. 30 in.
.
50,870
S tock. *3,000.000 authorized; Issued, *300,600. In N ov. Hi05 the Pitts­
burgh ,v Lake Erie acquired the road. V. 81, p I 130: V . 82, p. 828.)
Balance ............- ..........................dof. *28,330 sur. *22,320 Dec.
*50,888
LITTLE MIAMI R R .— (See Maps 1'enmultanU R R .l— Owns Cincinnati,
a This Item does not Include all the Interest, a "p ro p e r proportion" on
O .. to Sprlngtlcld, O ., s i m ; branch, X eola , O .. to Dayton. O ., lo in.; D a y­ securities Issued for Improvements extending through several years, from
ton. O ., to Inti. State line, 38 m .: leases. Colum bus & Xcuto H R ., Xenia, o . ,
which no additional revenue can he derived until com pletion, having been
to Columbus. O .. 53 III.: Cln. St. Con. H R ., 2 miles; total, 11)5 miles,
charged to cost o f construction. See V. 81, n. 803.
.......
L E A S E .— On Dec. I 1 8 8 0 leased to Pittsburgh Cincinnati & St. Louis
Pres., Ralph Peters: Treas.. Henry T atnall. Iirond St. Station. Phlla.—
(now Pittsburgh Cincinnati Chicago A St, Louis) for 00 years renewable for­
(V . 82. p. 861. 888; V. 84, p. 330. 745. 86S, 0.11; V. 85. p. 40, 160. 1210.)
ever. The Penn. R R . Co. Is a party to the contract and guarantees Its
LORAIN ASH LAN D A SOUTHERN R R .— P rojected from Lorain, O ..
faithful execution. Rental Is 8 % on *4,043,100 stock and Int. on debt.
The stockholders voted Jail. 21) 11107 to m odify lease ami Increase stock south through Wellington ami Ashland lo lllnck Fork River mid thence to
the
Ohio R iver, passing through the Hocking eottl Ileitis. Of this. 2o miles,
from *5.01)0.000 to * 1 0 ,0 0 0 ,OU0, the additional stock to he Issued as a special
from I .oral n to W ellington, was about com pleted lit Dee. 1007.
the Ash­
4 % betterment stock. V. 81. p, 31,8 15 .
land A W estern, Ashland to Custeloga. O .. about 23 miles, ami the Ittdu*
L e s s e e ’ s report shows r e s u lts to le s se e : It) 1000 profit, *86,080; 1001. *87,
IBP In 1002, loss, *1)2,081); In 11)03, loss, *211,3113; III 1001. loss. *133,718; trial R R . lot L orain), which were acquired, were to he m erged. V . 85, p.
1-180; V. 82. p 8 2 8 . Stock ami bonds authorized, *.1 .0 0 0 .0 >0 each.
The
In 1003, loss. *187,802: In 1008. loss. *183,303. Stock authorized, * 1 0 , 0 0 0 ,.
000.
Rcgiunlng Dee, ’ 0 0 1-3 % extra paid each Dec. and June from tho Ashland A Western Issued *100,000 20 year 0 % gold bonds, due Jan. 1
1027, subject to call at 1112 1, % beginning July I 1U0 8 . Controlled by
surplus Invested fund, making dlv. 8 2-8 % yea rly.— (V . 84. p. 51, 271.)
Joseph Ram sey Jr. and associates.— (V . 8.3, p . 1402.)
LITTLE ROCK A HOT SPRIN GS W ESTERN RR — (See Man M issouri
P a cific.)— Owns Hot Springs to Junction. A r k ., 33 miles, of which Denton
LOU ISIAN A A ARK AN SAS R Y .— Owns from H ope, A rk ., to Tioga.
to Little R ock . 23 m .. Is leased to Choc. Oklahom a A Gulf R R . v . 8a,
L a., 187.8 miles: extension from Paeklon to Jena. 20.88 miles; trackage,
, 83: V . #0, p. 283: V. 73, p. 722. S tock, *1,140,000, all owned by St.
Tioga to Alexandria. La., 8.18 miles: Tioga lo Pltievllle, L a.. 5 m ile*, give*
outs Iron Mountain A Southern R y . (Missouri Pacino system ), which guar,
second entrnnee to Alexandria; tota l, 230.84 miles. Contract In force with
the bonds, principal and Interest, by endorsem ent. V . 78. p. 383. Divi­ Hock Islam! Co. for Joint opera tl....... . Louisiana A Arkansas tracks between
dend, 3
paltl In 1003 00. Year ending June 30 1000, gross, *236,002:
Packtott, L a., ami Pltievllle, l.n ., 38 miles. V. fte, p. 1„03,
net. *83.738: fixed charges. 510,833; dlv. (3 M % > . *30.000; b a l., d e l.. *23,S T O C K .—S lo ck (authorized. *7.000.000: outstanding. 13,730 000:
000.
Pres.. W . C. Fnrtlyrc.— (V . 78, p. 383.)
shares par. *1001, o f which *3.74*.000 Is deposited with the Standard ’lru s l
LITTLE SC H U YL K ILL N AVIGATION RR A CO A L.— Owns from Port Co. o f New York, Voting trustees 10 years; William Buchanan. Edward IS.
Clinton to Tatnanend and Recvesdale. 32 miles. Re-leased on Dee. 1 1808 Porter, Ben). F, Yoakum , Harvey E. Fisk ami Charles L Pack.
to Pblla. A Read. R y. for 0 0 0 years, and rental reduced from 7 « on stock
D IV ID E N D .— 1M % paid semi-annually since March 1008.
to 8 7* gold from Jan. I 1807. Dividends: In 1808, DM %: 1800, 8 M %\
B O N D S.— T he unissued first 8s (total limited to *7,000,000) are reserved
totio. 3; l o o t . 8 (4 : 1002, 5 (4 : 1003. 3 % ; 1001, 3; 1003, 31*; 1008. 8; iU07,
5 I* %: 1 0 0 8 , Jan ., 2 H %• Lessee pays taxes anti organization expenses.— lor betterm ents, equipment and extensions, o f which *1.000,000 reserved
for bridges across Illaclr and Retl rivers, anti the balance limited to *20,000
per mile o f com pleted railroad. ’The entire amount outstanding, but no
LONO ISLAND RR — Operates the steam surfaeo roads of Long Island.
part, are subject In redemption a ' HO ami interest on any Interest date,
Lenses—
Miles.
Owns—
Allies
beginning with Sept, 1007 a sinking fund o f 330.000 Iter annum, to buy
Long Island City to rireen p ort.. 08 N. Y . A Rockaway Dench R y * ,. 12 bonds. If possible, at H o ami Interest or under: otherwise to be Invested.
L ong Island City to M o n t a u k ...l !3 Jainalca A SO.Sltoio(V,78, p.102) 6
Bonds sit purchased ore kept alive In the sinking Ittmls.
Sundry b ra n ch e s ............................ 108 N . Y, Il’ klyn A Man. I le a c li* ... 18
E A R N IN G S .— 5 m os.. 11007 ............... Gross, *343,2115: net. *183,848
July I to N ov. 30.
11008 ...........
-Gross. 307,634; nut, 100,034
Total Deo. 31 1008.......................301
T otal owned (V. 77. p . 2008.) .318
43
Operated electrically................
R EPO R T, — ForJttnr ending June 30 1007, In V . 88, p . 1303.
Lenses—
Double
t
r
a
e
k
....................................
127
•*ar
Mites.
Oross
,VrL
Oth.
Inc.(.hots. nits,
nalancc
Nassau Electric R R ..................— l*1
Year.
(•W hich see.)
North Shore Branch R R ................30
1)08-07
228 $1,216,
*1,218,8*7
*388,078 *32,*85 >174,030 *112,300 *112.084
11106
0? . -. 226
a n t AO
tee*
l n a v and
*«*v t 4 1 1
5 0 U X I l.i .T . f l f l f i X 5 6 J . i ( )
| t ) 2 ( *IOU
loo.vnfl
.
.
i*7
i
,
0
5
7
,5
2
6
S T O C K .— *12.000,000; par. *30; of which Penn. R R . owns 18,707,000.
■ jj **t t \ \A
D IV ID E N D S .—
I ’ 8 2 . ’83 t o ’00. ’01. ’ 0 2 . ’ 1)3. ’04. ’03, ‘ 08. None
Pres..' W m . Buchanan, Texarkana, A rk .— (V . 85. p . l i o s .)
P erccu t.
I I 4 yearly. 4 (4
3
3 4«
4
4 since.
LOUISIANA A NORTH W EST R R •— 0 wns Mttjrnollrv, A rk ., to Natchl
D O N D S.— Tho refunding 4s o f 1003 I* 13,000.000 authorized Issue) are se­
totnl,
cured liy a lien on the entire road, subject to the *22,6112,out) outstanding old toohes, La., 114.7 Ulllcs; trackage. Magnolia to McNeil, rt.-l
121.1 mill i, Karls' In 1905 control was chnntfca. V . 81, p. 4J.
bonds, to retire which an equal amount Is reserved; remainder, 322,40ft,Stock IJO.nnn.oon nuthorlxed, o f which $2,300,000 oijtntAiwllrix; oar,
000, guar, as to prln. and Int. b y tho Penn. R R .. were sold, the proceeds to
ho used for various Im provem ents and additions lit connection with the $100 Cat trusts Sent. II IU07. $ 1 2 , 1 0 0 . Trustee o f prior lien bonds, Pro*
r , l Trust Co . B rooklyn,1 N Y
O f the 1st 6* Of foil* (JlO.tlOO.odo auPennsylvania tunnels to and through New York C ity, principal y for add!
Ilona! terminal facilities at Day Hltlee anti Long Island City anil for a dou­ thorlzed Im iw ) . 1100,000 Is reserved to retire the old bonds And $125,000
for ImpruvcinvtiLs. equipm ent, A c
v * 32* D. 6*8: V. AS, p. l*UL. l ’n*s.
ble track connection with the New Haven road, for additional freight and
and Treas.. Oco. \\ . Hunter. St l outs: V, l
Jolui J. weNon, Magnolia,
assenger terminals, tracks, equipm ent, anti to retire old bonds. V. 78, p.
Ark., S'-e. John A . ntchardKou. H om er, L a . (> *•». p. 1482.1
83. 1541): V. 711, p. 27U8: V. 8ft. p. 1111; V. 81, tl. 21It V, 82, p 888.
Pennsylvania Co. Dec. 31 innn owned 82.800,000 t % equip, rtfs.
LOUISIANA R A IL W A Y A N AVIGATION CO.--O w n s Now Orleans to
The unified mortoaat Is limited to the am ount now outstanding. Honda
arc subject to call at t in lit whole or In part on any Interest day. V . 88, S hrcvepori. I.A ..305.0 tulles.com plotcd Oct. l»0rt; branehca from Colfax to
W lnlleld. 25 mile*. and from Alexandria to .fofta* g i f 71. **• ** ,,
p. 81*. Mtgcs. on real estate. *1,801,087. v. 78. p. 280: v. 85, p, i«o
3ucresnor on June 22 1003 o f the Shreveport A R fd lllver Valley R y. v .
G U A R A N T IE S .— In addition to guaranteed bonds in table above, guar­ 77. p. 80. Stock Authorized, $ 1 2 , 0 0 0 , 0 0 0 : OUUtMlltnft A l»f* *007. $1,885.*
antees 3 % on *830,01)11 New York Drookiyn A Manhattan Beach pref. stock 0 0 0 ; par. $ 1 0 0
Bonds (see table above) arc limited to $17,600,000 total
as part rental: also I t, K on * 3 0 ,0 0 0 I* P. A So. Dr. stock anti t it % on Imtue and $?3.0(>a per mils: $3<)0,000 ban also been Ianued for a bridge over
*82.300 o f the Nnw York A Coney Island stock.
tho Red Rlvrr at Alexandria; 14.000.000
f« r NSW 0 r ,*8n* terml
The shareholders voted Moh. 14 tsoa to itw ra n tcc. principal and Interest, nnU. S e e official V atem ent. V 77. p 3A; V. 77, p. 760. P res., \Vm. KdeL*
an authorized Issue of lin .n o o .u o o 4 we;, 40 year collat. trust bonds o f the horn, Hibernia Bldg., New Orleans; See. and A nd .. If. 11. Ilrim ! Tn*aa.,
Long Island Consolidated Electrical Companies, a holding com pany, all o f Clarence lilUsrbe. Shreveport, L a .— (V . 83, p . 10u8; v . 84, p. 3uo, 460.)
whoso stock Is owned , for the trolley lines owned anti controlled. The pres­
LOUISIANA SOUTHERN R V — Sec this Section 'or July 1005.
ent Issue will provide the cost o f acquired ami constructed lines, about *2.
140,000, and a b o u t*300,000 was expected to be Issued for newlines and e x ­
LOUISIANA WESTERN RR — (.S>r Map <>f
/M rH le j— Owns
tensions then proposed
Nee V. 82. p. 100, 881; V. 84, p, 885.
from l.n 'a yeite. L a., to Sabine Hlver. 10ft m llw ; Midland to Kunlre. 24 m
IM P O R T A N T C ON N EC TION S. Tile c ity ’s extension o f Its Rapid Tran­ Midland to A bbeville. 33 f|> . Mallard Jrt. te l ake Arthur. 34 m ; total. 108
sit tunnel from Mooliattnn under the East lllver and tllenee to Plnthnxh mllod. Operated Independently. but In COnHWtlOII With Southern I’ aelHn,
A vc. Station, B rooklyn, Is to lie com pleted by May I 1008. V. 88, n. 108. Willett own* all the *3,380,000 itoelc. Dividend on stoek In 1008 on, iu % .
In year 1003 on, groai, 33,248,804; net. Including other Incomo, 31.170.888;
•The Penn. R R . Is also building an underground tunnel (electric railroad)
lor passenger service frum Jersey City under tint Hudson River to a control xurpiu, over ehasgCH, *071,761-— (V . 74, p- 283.1

L

E




HAILWAY STOCKS AND BONDS
JAN.. 1908.1



ARMOUR P M

^
^<1

Kansas City Viaduct & Terminal Railway
Connecting Kansas C ity, Kansas and Kansas City, M issouri.
— - — . — To be Cons tru ct ed

. . . . . aP rr je ct e d

|VOL. LXXXVI.

RAILWAY STOCKS AND BONDS.

84

IN T E R E S T OR D IV ID E N D S .

R A IL R O A D S .

Aides
F o r expla na tion o f colum n headings, A c , , see note:
on fir st page o f tables.

Lone Island— (Concluded)
M o n t a u k E x t e n s i o n fOU O.OUU d r s t m o r t g a g e a s s 'U
U n l f m o r t g a g e c o l d c a l l a t 1 1 0 . . . ............... U s m . c A r
R e f u n d i n g M 9 4 5 .0 0 0 ,0 0 0 g o ld g u a r n A l_ E q .o * A r

Date
of
of
Road. B on d s.

21
316

516

1805
1800
1003

S iz e , or
Pa r
V a lu e.
5 1 ,0 0 0

1 .000
500

Ac

A m ou n t
Outstanding

Rate
%

• 5315,000
5.660.000
22,408,000

5
4 g
4 g

tensed and Controlled Lines, Principal or Interest O vara nteed.

5 g
1.000 a l , 262,000
10 1 8 0 2
L I R B N o S h U r c o n i M s i . 1 2 5 ,0 0 0 veu p A I . C e . c *
1,000 a 1.601,000
5 g
III 1 8 8 5
N Y II A M a n B 1 s t c o n s M $ 1 , 7 2 6 , 0 0 0 g o l d g u a r . C e
1,000
■ 8 8 3 .0 0 0
1887
5 g
N Y A R o c k B e a c h is t M 9 0 5 4 ,0 0 0 g u a r p a L .C d
4 36 .000
1,000
” 1 6 '8 6 -’01
P P A C l 1 st a n d 2 d (9 0 0 .0 0 0 s e c o n d s ) g u a r p A I
1006
S ee tex t.
L o n e ls l E le c tr ic a l c o lin t t r M 5 1 0 ,0 0 0 .0 0 0 . . . H im
3 .7 6 0 .0 0 0
100
L o u is ia n a & A r k m u n s — S t o c k 5 7 ,0 0 0 ,0 0 0 a u t h o r iz e d
1,000
3 .8 0 8 .0 0 0
1002
223
5 g
F i r s t m o r t g a g e 5 7 . 0 0 0 . 0 0 0 g o l d ( t e x t ) ...................S .a *
1,000
1895
3
10 0 000
s g
L o u i s i a n a A N o r t h W e s t R R — P r i o r l i e n , g o l d ............... 1.000
1 .0 50.000
1005
5 g
11
F i r s t m o r t g a g e 5 1 0 , 0 0 0 ,0 0 0 g o l d .......................... . M S t c *
1003
108
4 .8 6 5 .0 0 0
1.000
L o u i s i a n a R y fit N a v — F i r s t M g o l d ( s e c t © X t ) - - P . c A r
4% g
4
5
5 g
1807
250 000
500
L o u is ia n a S o u t h e r n — 1 st M g r e d a t 1 0 5 a f t e r '0 2 - C c . c
106
2 .2 40.000
1 ,0 0 0
1881
6 g
L o u i s i a n a W e s t e r n — F i r s t m o r t g a g e g o l d ............... C o . c *
101 1001
l ,000
1 ,000,000
6 g
L o u i s v i l l e A A t l a n t i c — F i r s t M g o l d 5 1 , 0 0 0 , 0 0 0 -------- K
100
1.500.000 S e c t e x t .
L o u i s v i l l e B r i d g e C o — S t o c k ............................................ .................
500
182
2 5 0 0 ,0 0 0
1806
5 tf
L o u i s v i l l e II A S t L o u i s — 1 s t M $ 2 , 5 0 0 , 0 0 0 g o l d . . M o
1805
t.000
4.500.000
4 g
L o u i s v i l l e A J e f f B r i d g e — 5 5 , 0 0 0 . 0 0 0 g g u p A l C l l d .- C *
100 00.000,000 S e e ( e x t .
L o u i s v i l l e A N a s h v i l l e — S t o c k 5 0 0 . 0 0 0 , 0 0 0 ...........................
1870
1,000
1.450.000
E H & N 1 st M l l c n d t o N a sh g d r a w n a t 1 1 0 ..C e .o *
6 g
t.0 00 c7 .058.000
1880
6
L o u is v ille A N a s h v g e n M g o ld d r a w n a t 1 l 0 . - L e .c *
176
1 .0 0 0
1881
3.258.000
L C A L e x G e n M g ( V 6 3 . p 1 0 1 0 ) ........................... M o c '
4W g
102 1 8 8 0
L A N b o n d s A 3 N A la R R 2 d M a s c o ll g o ld .U n .c
1.000 d l ,674,000
6 g
45
1 .0 0 0
1880
C 3 5 5 .0 0 0
P e n s a c o l a D l v 1 s t M g o l d ( d r a w n a t 1 0 5 ) -------- F . c
6 g
1.000
1880
M l
5.000.
0006 g
N e w O r l A M o b D lv 1 s t M N O t o M o b il e g o l d . P .c
1,000
1 4 *. 1 8 8 0
1 .0 0 0 .
0006 g
S e c o n d m o r t g a g e g o l d ............................................v : - - 0 .
1,000
3.500.000
2' 8 1881
S o u t h e a s t e r n A St L o u i s D l v f i r s t m o r t g a g e g o l d . . c *
6 g
1.000
2 ON 1 8 8 1
2 .0 0 8 .0 0 0
S e c o n d M g o ld E a s t S t L o u is t o E v a n s v ille A b r o *
3 g
1,000 f 1 , 7 4 0 , 0 0 0
1887
lo :.
F ir s t M (5 0 -y e a r 6s) 5 1 5 ,0 0 0 p e r m ile g o l d . - U s . c *
3 g
1888
1 .0 0 0 g 4 . 7 0 5 . 0 0 0
5 g
F i r s t M c o l l a t e r a l t r u s t ( 5 7 , 0 0 0 , 0 0 0 ) g o l d -------- F .c *
1800
1.000 Ac b36.648.000
U n ifie d m o r t g a g e fo r 5 7 5 .0 0 0 ,0 0 0 g o I d - . C c .c * A r
4 g
1.000 23,000.000
1003
C o l l a t e r a l t r u s t M c a l l a t p a r a f t e r 1 9 9 8 g o l d . . t J a .c *
4 g
1,000
1801
6 1 7 .0 0 0
5 g
S t L o u is p r o p e r t y 1 st M g o ld $ 6 5 0 . 0 0 0 . . . . . . S S t c
1805
1.000
170
4.000.000
M o b i l e A M o n t g o m e r y J o in t m o r t g a g e g o l d . - . C e c
4H g
a I n h a n d s o f p u b l i c ; t o t a l I s s u e d s h o w n In l e f t - h a n d c o l u m u ; b a i n n e e u n d e r u n i f i e d m o r t g a g e .

See text.

lsl

Text.

L O U I S V I L L E A A T L A N T I C R R .— V e r s a ille s , K y . , t o B e a t t y v llle J e t .
1 0 1 m i l e s , o f w h i c h M i l l e r ’ s C r e e k t o B e a t t y » d l l e t2 8 r a . . o p e n e d I n D e o . 1 0 0 2
B r a n c h f r o m B e a t t y v l l l e t o c o n i R e id s , 6 m i l e s . C o m D ie t e d J a n u a r y 1 0 0 8 .
S t o c k . 5 1 ,0 0 0 ,0 0 0 ; p a r . 5 1 0 0 .
Y e a r e n d in g J u n o 3 0 1 0 0 6 , g r o s s , $ 1 2 1 ,0 1 5 ,
n e t . $ 6 4 ,6 0 8 ; t o t a l d e d u c t io n s . 5 7 0 ,0 7 8 ; b a l a n c e ., d e f ., $ 1 4 ,4 7 0 .
P r e s ..
A . E . R i c h a r d s ; S e c . . E . M . W a l l a c e . V e r s a ille s , K y . — ( V . 8 5 , p . 1 2 1 0 .)
L O U I S V I L L E B R I D I I B C O .— O w n s b r l d g o 5 . 2 0 4 f e e t l o n g o v e r O h i o R l v .
a t L o u i s v i l l e , K y . . a n d a b o u t 2 m ile s t r a c k a d d i t io n a l In L o u is v i ll e .
U sed
b y s e v e r a l r a il r o a d s — P . C . C . A S t .L - R r . . I .o u ls v . A N a s h v .. A c .
S u r p lu s
e a r n in g s a r c p a id b a c k t o r o a d s u s in g b r id g e .
S T O C K Is 5 1 . 5 0 0 . 0 0 0 : P e n n . C o . o w n e d . J a n . 1 1 0 0 7 . $ 0 0 0 , 0 0 0 .
D iv a .
1 8 0 7 . 7 % : In 1 8 0 8 . 6 % : In 1 8 0 0 , 3 % ; 1 0 0 0 . 8
1 0 0 1 . 6 %J
1 0 1 )2 . 5 % ; 1 0 0 3 . U T S ( V . 7 0 . p . 2 7 4 7 ; V , 7 8 . p . 1 0 2 ) ; 1 0 0 4 , I % ; 1 0 0 6 . 6 % ;
1006. 7 ’ q.
F o r y e a r e n d i n g l i c e . 31 1 0 0 6 , g r o s s . 5 3 7 0 , 1 0 0 ; n c l , $ 1 8 0 , 0 0 7 ;
d i v i d e n d * ( 7 % ) , 5 1 0 5 , 0 0 0 : b n l . , H iir .• $ 8 4 , 0 0 7 . — ( V . 7 0 , p . 2 7 1 7 . )

1806. 6 U % :

L O U I S V I L L E H E N D E R S O N A S T . L O U I S R V R O A D . — L o u is v ille
t o H e n d e r s o n , K y . . 1 4 4 m ile s (I n c h a m . t r a c k a g e ) 1 I r v in g t o n t o F o r d s v llle ,
K y , . 4 4 m i l e s ; L . A N . t r a c k a g e , H e n d e r s o n . I v y . , t o E v a n s v i l l e . I n d . . 12
m ,* t o t a l , 2 0 0 i n .
A r e o r g a n i z a t i o n J u n o 1 1 8 0 6 ( p e r p l a n In V . 6 2 , p . 1 3 8 ) .
T h e L o u i s v i l l e A N a s h v i l l e 111 1 0 0 4 - 0 3 a c q u i r e d 5 7 7 6 0 8 1 p r e f e r r e d a n d
$ 1 ,6 3 1 ,3 8 5 c o m m o n s t o c k ,
v . 81, p. lio o .
S t o c k , c o m m o n , $ 2 ,0 0 0 , 0 0 0 .
p r e fe rr e d . 6 %
n o n - c u m u l n t l v e . 5 2 .O O 0 .0 n O .
V . 6 2 . |).. 1 3 8 .
W H E P o h ' f f o r y e a r e n d i n g J t M « 3 0 1 0 0 7 In
HA. |*. 1 3 7 3 . s h o w i n g g r o s s
x i 0 6 1 3 7 8 : n e t . 5 2 5 0 ,3 3 7 ; I m p r o v e m e n t s . 5 1 4 8 .8 9 0 ; In te re st a m i t a x e s ,
5 1 3 6 . 3 0 6 ; s p e c i a l . $ 1 6 ,0 3 1 ) ; b i l l . , d e f . . 5 2 8 . 7 0 0 .
( V . 8 5 , p . 7 2 2 , 1 5 7 5 .)

V.

L O U I S V I L L E A J E F F E R S O N V I L L E B R I D G E C O .— O n e h a lf m ile lo n g
a e d t h e a p p r o a c h e s o n e m * le * o p e n e d J a n . I 1 8 0 6 .
A ls o ow n s a b o u t 40 a cres
o f l a n d In L o u i s v i l l e a n d 1 0 0 a c r e s I n ^ J e ff e r s o n v i ll e .
S t o c k . 91 4 2 5 , 0 0 0 ;
m u r e , lx f o r 5 5 , 0 0 0 . 0 0 0 ( t r u s t e e , U . S . T r u s t C o . o r N . Y . a n d U n i o n T r u s t
O o . o f ln d la n n p o P d : b o n d s fo r
$ 3 0 0 ,0 0 0 a r e r e s e r v e d fo r fu t u r e c o n ­
s t r u c t io n . A c .; th e b o n d s a re g u a r a n t e e d b y th e C h c s . A O h io a n d C lo v e . C .
O A S t . L . r o a d s . I n w h o s e I n t e r e s t s t h e e n t i r e s t o c k lx o w n e d .
See V . 61.
n* 6 5 0
O f t h e $ 4 , 5 0 0 , 0 0 0 I s s u e d J u n e 3 0 1 0 0 7 , $ 5 , 0 0 0 , 0 0 0 w e r e In t h e
t r e a s u r y , $ 5 0 0 ,0 0 0 b e in g d e p o s it e d ua s e c u r it y f o r lo a n s .— ( V . 6 2 , p , 8 4 .)
L O U IS V IL L E
A
N A S H V I L L E R R , - I 3 f l M a p .) — R O A D . — O p e r a t e s
m a in lin e f r o m C i n c i n n a t i . O . . t o N e w O r le a n s . L a . , 0 2 1 m ile s : w it h b r a n c h e s
t o S t . L o u i s . M o . . M e m p h i s , T o n n . , A c . , 3 ,4 2 1 m u e s . m a k i n g t o t a l s y s t e m
p r o p e r , J u n e 3 0 1 9 0 7 , 4 ,3 4 2 m ile s .
T h e s y s te m In clu d e s:

When
Payable.
J
M
M

A
A
A

S

W h ere P a ya b le, and b y
W h om .

B o n d *— P rin c i­
p al, W h en D u e .
S tocks— Last
D ivid en d .

J U S M o r t A T r u a t C o .N Y J a n
do
do
M ar
E x c h N a t O a n k .N Y M a r

S Am

I
1

1045
1040

1 1049

Q — J
U S M ort A T ru st C o , N Y O ct
1 1932
,A
A
O
do
do
O et
1 1035
M
A
S
do
do
S en t l 1027
do
V a r io u s
1 0 2 6 -1 0 3 1
In 4 0 y e a r s
S e p t 15 1 0 0 7 1 H
S ee te x t. C h eck s
M
A S
S e p t 1 1927
F is k A R o b in s o n , N \
1 1045
J
_ B ood y, M cL A C o. N Y Jan
A
A p ril 1 1035
A
o f f i c e , S t , L o u is
A
A
J 1F a r m e r s ' T r u s t C o , N Y J u l y 1 1 0 5 3
J
M
A
S R W lu th r o p A C o . N Y M ar 1 1050
J
A
J S P C o . 1 20 B ' w a y . N Y J u l y l 1 0 2 1
K n ic k e r b o c k e r T r C o ,N Y M a y 1 1041
M A N
See te x t.
L o u is v ille , K y .
U k o f A m e r , N Y ; A L o u i s J u l y_ 1 0 4 6
A
J
J P M organ A C o . N Y M ar
l 1045
M
A
71 B roa d w a y , N ew Y ork S ee te x t.
F
A
D ec
1 1010
do
A
do
J
J u n e 1 1030
do
J
do
A
D
N ov
1 1031
do
M
A N
do
A p r il 1 1 01 0
do
do
A
A
O
M ar
1 1020
do
S
do
M
A
ao
do
Jan
1 1030
J
A
J
Jan
1 1030
do
do
J
A
J
do
M ar
1 1021
M
A
8
do
do
M ar 1 1080
M
A
S
do
M a y 1 1037
M
A
N
do
do
N ov
1 1031
M A N
J u ly 1 1040
do
do
J
A
J
do
A p r il l 1023
A
A
do
S t L o u is T r C o . S t L o u is M a r 1 1 01 6
31 A
S 71 B r o a d w a y . N e w Y o r k S e p t 1 1045
M
A
b , c , J. e. f, g , see fo o t-n o te o n n ex t p age.

do
mailed.

do

do

T h e A t la n t a K n o x v ille A C in c in n a ti d iv is io n 4 s (5 3 0 .o o o .o o u a u th o r iz e d )
c o v e r 6 1 8 m ile s . I n c lu d in g 2 0 m ile s o f t r a c k a g e .
O f th e b o n d s , a n eq u al
a m o u n t w ill b e r e s e r v e d t o r e tir e a t m a t u r it y u n d e r ly in g b o n d s , v i s . . K e n
t u c k y C e n t r a l I s , 5 6 .7 4 2 ,0 0 0 ; A t l a n t a K n o x v i l l e A N o r t h e r n b o n d s , 5 1 ,­
6 0 0 .0 0 0 .
T h e lin e fr o m L iv in g s t o n t o J c ll t c o , 61 m ile s , Is s u b je c t t o p r io r
lie n o f u n ifie d r a tg e .
V . 80. p . 872: V . 8 4. p. 1428.
In J u ly 1 0 0 7 $ 1 0 ,1 6 0 ,u o o o f t h e s e d iv is io n a l b o n d s h a d b e e u I s s u e d , o f w h ic h 5 1 0 0 0 0 .u o o s o ld :
b a l a n c e h e l d In t r e a s u r y .
F I N A N C E S .— S in c e J u ly 1 1 80 4 t h o " c o n B t r u c t lo n a c c o u n t " h a s b e e n
dosed.
A m o u n t o f p e r m a n e n t I m p r o v e m e n t s c h a r g e d In o p e r a t in g o x *
p e a s e s In 1 9 0 6 - 0 7 w a s 5 2 . 0 6 5 . 3 2 0 : I n lO O ft-O O , 5 3 . 5 8 6 . 6 3 0 .
In F e b . 1004
d i v id e n d s o n N a s h v ille C h a t t . A S t . L o u is s t o c k ( $ 7 ,1 7 7 ,6 0 0 o w n e d ) w e r e
r e s u m e d . In F e b . 1 0 0 5 I n c r e a s e d t o 5 % a m i F e b . 1 0 0 7 t o 6 % .
I n M e b . 1 0 0 7 5 6 .5 0 0 .O 0 O 6 % 3 - y e a r g o l d n o t e s w e r e s o l d .
V 84. p. 308.

BARNlNOS.— 5 m o s ,,flo o r _______Gross. 521.205,011; net.
July 1 to N ov.

30.

, 1 0 0 6 .................. Gross,

1 0 ,0 0 2 ,0 8 6 :

55,670,354

net. 0,415.065

R E P O R T . — R e p o r t f o r 1 0 0 6 - 0 7 In V . 8 3 , p . 8 5 6 . 0 2 0 ; s e e a l s o p . 8 0 1 .
Y ea r end I ng J u n e 3 0 —
1007.
1006.
1005.

P a s s e n g e r s ...............................................I ______
M a ll, e x p r e s s . A c
........................ .. ................

1 0 .1 1 7 ,4 7 0
2 .6 1 0 .0 8 8

8 ,0 8 5 ,2 1 5
2 .4 8 7 .5 7 4

8 ,6 1 0 ,6 5 0
2 .1 0 1 .7 0 6

G r o s s e a r n i n g s ........................ * ......................

5 ,2 5 8 ,0 4 6
3 ,7 8 1 .3 0 2

5 1 3 ,0 0 8 .0 0 6
3 0 ,0 3 3 ,4 0 4

$ 3 8 ,5 1 7 ,0 7 1
2 6 ,4 0 0 ,0 2 1

Operating expenses-------------------. . . . . .

Nnt e o r n l r u r s ........................................................... * } 2 - < * 2 . M * 1 1 2 . 0 7 3 . 6 3 2 5 1 2 . 0 2 7 . 0 3 0
1 3 .6 4 2 .3 0 8
1 3 .6 5 4 .5 4 1
J f c t . I n c l . I n v e s t m e n t s , & c ...............................1 4 , 0 4 - j . J P 8
1 ,1 4 5 .3 1 4
0 3 3 .3 6 5
1 , 2 0 8 .0 1 1
T m e* • — -----------------------------------------------5 ,7 1 0 ,0 0 5
6 ,4 7 6 ,1 0 3
I n t e r e s t n n O r e n t ..................................................
8 ,0 3 2 ,0 5 0
1 0 1 ,5 7 3
1 7 3 .0 4 2
A d v n n e e s t o S . * N . A , , & o ..................... S l n l d m r r n m l p a y m e n t s ...............................
2 -1 1 ,0 8 -1
2 1 1 ,8 5 0
1 0 2 ,0 0 0
D iv id e n d s . . .
............................. ................. ( 0 ) 3 , 0 0 0 , 0 0 0 ( 0 ) 3 , 0 0 0 , 0 0 0 ( 0 ) 3 , 0 0 0 ,( 1 0 0
S u r p l u s o v e r d i v i d e n d s .................................

* 2 .8 5 0 .0 2 3

* 2 .7 1 8 .3 7 4

* 3 .2 2 7 .0 4 0

O F l 'I C E R S . — C h a ir m a n . H e n r y W a l l o r s . N . Y „ P r e s ., M . H . S m it h ,
r .o u l s v ll le : 1 st V . - P - . VV. L . U a D O th a r ; 2 d V . - P . , A . W . M n r r ls s . 7 1 D 'w a v ,
_ ( V . 8 5 , II. 3 1 0 . 1 0 3 ,
1402

■i V

iai. Sot. 8*0. *l». «». 1»*».

.)

'

L in es owned absolutely or through
Reported s e parutel\y—
M ites.
cnpu.it stock —
M ile s . ‘ N a s h v i l l e G h a t t . A S t . L o u i s . . . . 9 2 5

L Y K G N S V A L L E V R R . 4k C O A L C O . — O w n s f r o m M l l l e r s b u r c . P a . , t o
W l l l l a m s t o w n . P a . , JO m i l e s .
L e a s e t o N o r t h e r n C e n t r a l Is t e r m i n a b l e o n
0 0 d a y s - n o tic e ,
l l e n t a l . J 3 0 .0 U O p e r a n n u m . — < V . 0 4 . p . 3 3 0 . )

L o u i s v i l l e t o N a s h v i l l e ........................... 1 8 1
S u n d r y o t h e r l i n e s .................................3 , 1 7 7
U r i e l leased, A c , —
• S o u t h . A N o r t h . A l a . R R ................1 0 3
O t h e r l i n e s ......................... . ......................... 6 7 7 )
O p e r a t e d f o r o t h e r c o m p a n i e s --------2 1 4

M A C O N A B I R M IN G H A M R V .— O w n s S o flie e J e t . t o L a O r a n o e , O a .
0 7 m ile s : tr a e k a it o S o flt e e t o M a c o n , O a . . 8 n t.
S in c e h o b . I 1004 o p e r a te d
b y G a . S o u t h . A F lo . n ille la ls . a lt h o u ir h I n d e p e n d e n t l y .
V . 78, p , 584.
I n y e a r l o o n u 7 . e n m , * 1 0 3 . 4 0 0 : o n . r t o f ., * 1 5 , 0 0 2 ; o t h e r l u e . , * 0 7 7 ' i n t
t a x e s a n d r e n t a ls , * 4 0 ,4 3 8 : l o t i . , d e l . , * 5 5 .1 2 3 .

- G e o r g i a R a i l r o a d s y s t e m ................ 5 7 1
* L p u l x . l l e m l . A S t . L o u i s ............. 1 8 2
*01110. I n d . A L o u i s v i l l e .....................6 0 0
O w n e d b u t le a s e d t o o t h e r e o s . . . 21
D o . P a d u c a h A M e m . D l v ................... 2 4 8
*S e e t h is c o m p a n y .
---------

T o t a l s y s t e m p r o p e r . . . . . . . . 4 .3 4 2 1

T o t a l o f a ll J u l y 1 1 0 0 7 . .

.6 .8 9 0

O R G A N I Z A T I O N .— L in e o p e n e d b e t w e e n L o u is v ille a n d N a s h v ille N o v .
1830.
F o r s e c u r i t ie s o w n e d a n d In s i n k i n g f u n d n e e V . 8 3 . p . 0 3 3 .
C ontrol bu Atlan tic C oa st L in e .— L a t e I n 1 0 0 2 t h e A t l a n t i c C o a s t L i n e R R .
a c q u i r e d a m a j o r i t y o f t h n s t o c k ( v i z . , $ 3 0 , 6 0 0 ,0 0 0 o f t h e $ 6 0 , 0 0 0 , 0 0 0 o u t flt a n d ln g ). b u t th e r o a d s a re o p e r a t e d I n d e p e n d e n t ly . V . 7 4 , p . 8 3 0 , 1 0 3 8 ;
V . 7 5. 0- 733, 1300.
D I V I D E N D S .*
'JM1. *9 0 *91 *92 * 0 3 ‘ O l-'D H T ) 0 ’ 0 0 *01 *o 1 • 0 .V 0 7
1008.
l» r r c e n t
3 s lk 6
5
4
1
N’ o i m . V j 4
A y r ly . 6 y ilv . I b lo w .
i n F e b . 1 00 8 3 % p a y a b l e I n c a s h a n d 1 T* in L o u i s v i l l e P r o p e r t y C o . s t o c k .
B O N D S . — T b « E v a n s0 . H e a d e r . A N a sh v, b o n d s a r e d r a w n a t 1 1 0 b y l o t
a n n u a l l y In O c t . f o r p a y m e n t D e c . 1 In a m o u n t s I n c r e a s i n g c a d i fi v e y e a r s
u n t i l 5 1 5 0 ,0 0 0 p e r y e a r b d u a l l y r e a c h e d : In 1 0 0 7 . $ 7 5 , 0 0 0 ,
T h e Pensacola D iv isio n b o n d s a r e s u b j e c t t o n d r a w i n g s i n k i n g f u n d ,
$ 5 , 0 0 0 t i l l 1 0 0 0 . i n c l . , t h e n 5 1 0 .0 0 0 . a n d a o I n c r e a s i n g .
O f th o b o n d s , $ 1 7 5 ,.
000 w are d r a w n fo r p a y m e n t o n S e p t . 1 1 0 0 5 , b y p a y m e n ts t o s in k in g
f i n d d u e f r o m s S p t . 1»” 0 t o i u ‘0 5 . m c l . : * 2 0 , 0 0 0 In l u o f
V . 81 p , 2 8 8 . 7 2 0 .
T h u central morlange b o n d s o f 1 8 8 0 m e c a l l e d a t 1 1 0 I n I n c r e o s l n i c A m o u n t s
e a c h y e a r ; $ 1 0 5 , 0 0 0 w a s p a h l J u n e l 11107.
V . 84. p , 749.
I n J u n o 1 8 0 0 t h o " u n i f i e d " mortgage ( t r u x t i H , C e n t r a l T r u s t C o . ) f o r 5 7 3 . ­
0 0 0 , 0 0 0 w a s a u t h o r i z e d , $ 4 1 .0 1 7 .6 6 0 b o n d s b e i n g r e s e r v e d t o r e t i r e n il p r io r
lio n s (n o n e o f t h e p r io r lie n s c a n b o e x t e n d e d ) , t h e b id n n c o fo r I m p r o v e ­
m e n t s . e x te n s io n s
a t t h e r a t e o f $ 3 2 ,0 0 0 p e r m ile . I n c lu d in g e q u ip m e n t ).
a n d' f*o r o t hiec r o u rr oo oossecai . T h e m o r t g a g e c o v e r s ( b e s i d e s a b o u t 2 ,2 0 0 m i l e s o f
r o a d a n d e q u ip m e n t ) , $ 1 0 ,0 0 3 ,3 0 0 s t o c k O f
? n f o r U M im *i
1* * i f
1 5 0 .0 0 0 b o n d s fr e e fr o m a n y lie n .
£>oc a b s t r a c t o r m o r t g a g e I n V . 3 1 , p .
ftix * n lx o V 7 2 D 1 0 3 4 . 1 1 8 8 ; V . 7 7 . P . 9 6 8 .
In J u n e 1 0 0 7 c o m p a n y r c D O r t e d t t O 1 1 0 . 9 0 0 o u t s t a n d i n g , o f w h i c h 5 4 . 8 3 5 . 9 0 9 In t r e a s u r y . ^ 1 8 . 2 0 0 . S S o d e p o s i t e d t o s e c u r e t h e c o l l , t r u s t I s o f 1 0 0 3 /in d 5 4 1 0 ,9 9 9 In s i n k i n g
f u n d s o r d e p o s i t e d f o r o t h e r b .x n c s ; a d U l i l P n a l ^ o u j ^ w n i a l J l o t O
O nn I rm c i n
A I .c x . 2 d 7s m a t u r e d O c t . 1 1 0 0 7 .
<• ' . 8 1 , n . 1 8 4 8 )
M o b ile A M o n tg o m ery— Ijm U v i l l e A N a sh ville Joint
fo r $ 5 ,0 0 0 ,­
0 0 0 ; $ 1 ,0 0 0 ,0 0 0 r e s e r v e d f o r im p r o v e m e n t s ,
v . ® i* P » >” ; ’ • t o o ,
K en tu c k y Central m t g o . a b s t r a c t V . 4 5 , n . 3 7 m . S o u t h A N o r t h A l a b a m a
I m p r o v e m e n t 3 s , d u o A u g . I 1 0 3 6 , $ 1 ,0 2 0 ,0 0 0 a u t h o r iz e d , a r e o w n e d .
T h e collateral trust 4 s o f l o o n ( $ i o , 0 0 0 ,0 0 0 a u t h o r i z e d i s s u e ) a r e s e c u r e d b y
d o p o s lt o f 1 2 4 .0 0 0 ,0 0 0 L . A N . u n ifie d 4 s . 5 4 .7 7 0 ,0 0 0 L . A N , F a a u c a h A
M e m p h i s d i v i s i o n b o n d s . t h o l a t t e r c o v e r i n g tH o r o n r t ft* o n i I n . t l • KV*• •
t o M e m p h i s , T e n n . , 2 5 4 m i l e s ; $ 2 , 5 0 0 , 0 0 0 L . A N . T e r m i n a l 9 ? ,*
75»
p . 1 3 3 4 ) , $ 4 ,0 4 3 ,0 0 0 S o u t h A k o r t h A l a b a m a 5 s a n d $ 6 0 0 ,0 0 0 F o n s a c o la A
A t la n t t o 6 s ; t o t a l , $ 3 6 ,6 4 0 ,0 0 0 b o n d s .
A p r o p o r t lo n a t o a m o u u t o f th e c o l­
l a t e r a l m a y b e w i t h d r a w n a t a n y t i m e o n d e l i v e r y t o t h e t r u s t e e o p o t le s s
C h a n 5 1 .0 0 0 .0 0 0 o f t h o b o n d s , v . 7 6 . p . 5 4 2 : V . 7 8 . p . 2 8 7 . 1 4 4 6 .
i n 1U 02 t h e L o u is v ille A N a a h v lllo a n d t h e S o u t h e r n U y . a c q u l i e d 5 9 ,7 0 6 ,­
0 0 0 o f t h e $ 1 0 ,5 0 0 ,0 0 0 C h le . I n d ia n a p o lis A L o u ln v . c o m . a u d $ 3 ,8 7 3 ,4 0 0 o f
t h o 5 3 .0 0 0 ,0 0 0 p r e f . s t o c k I n e x c h a n g e f o r t lm lr J o in t 5 0 - y e a r 4 % b o n d s , V .
7 4 n 1 1 3 8 * V . 7 6 . p . 5 0 3 . O f t h o 5 1 5 .5 0 0 .0 0 0 J o in t b o n d s s e c u r e d b y d e p o s it
o f t h is s t o c k , 5 1 ,6 6 3 ,0 0 0 a r o r e s e r v e d t o a c q u ir e t h o r e m a in in g " M o u o n "
n l o c k a n d 5 2 . 1 ID .O u O f o r " M o u o n * * I m p m v e m e n t i . A c , , it n o t o v e r 5 3 0 0 ,0 u 0
y e a r ly




-

-

j

—

M A C O N D U R U M * S A V A N N A H R R . — O w n s r o a d f r o m M a c o n t o V Id a l l a . G a . 0 2 m ile s .
I '. x l e n s l o n r e p o r t e d t o b e p r o p o s e d f r o m M a c o n t o A t ­
la n t a . * 0 m ile s .
S t o c k . » 3 . J 0 ! ) , 0 0 ( t a u t h . : o u t s t a n d i n g , * 2 . 0 1 0 ,0 0 0 ( p a r
* ] ( ) ( ) ) , a c q u i r e d In J a n . IO 0 7 b y t h e S e a b o a r d A i r L i n e I t y . w h l e h g i i a r a n tcr .x t h e b o n d f i . p r i n c i p a l a u d I n t e r e s t .
O f t h e b o m b , $ 6 0 0 ,0 0 0 a r e r e s e r v e d
(o r Im p ro v e m e n ts n o d b e tte r m e n ts .
V . 8 4 , p . 1 0 2 ,4 5 0 ,
V , 8 4. p . 102.
Pnr
30
1007.
cross,
P
n r year
y e a r eemllnvr
n d l m r JJune
une 5
0 1
007, ^
r o s * . 4j .’im.oio;
2 _ 0 * net.
. o ; **31,035;
3 1 . 0 5 5 ; oother
t h e r IIncome,
n com e,
* 3 ,401): Int. on bonds, »St,iloo;>iU., aur.. M .0 5 4 . Pres. , \ V . A. Dam n .
Office,
Macon,
Ga.
V.. 883,
O
ffic e . M
a con . O
n . — *(( V
3 P 1 34,, V. 84, p. 31, 102, 430.)
M A I N E C E N T R A L R R . — L i n o o f r o aa dd , P
P o r t la n d t o V a n e e u o r o , M e ., v ia
A u c u s t a . 2 3 1 m i l e s : b r a n c h e s , C u m b e r l a n d J o*■t . “t o S k o w h
h ce gj n
a n ., v i a L e w "i s t o n .
U l m • H a t h t o L e w i s t o n a m i P a r i n l B C t o n , 7 0 m . : B e l f a s t , F oo sscer ro of tf ,t , l.............
lu e h sn o r t a n .) M t . D e s e r t . I n c l u d l m r f e r r y ( 7 . 7 i n . ) , 1 3 2 i n . ; P o r t l a n d 4)
& O tc dd criiM
u bb ' c
. . y. . . P o r t l a n
„ vd, . ............................
h
M e . . t o l . n n ennbbeeirdi .ri.oi ouu mm. :. :s smma al ll lb br rnanncchhcess.,l1 I1 mm. :. lUUp pp pe re rc vo oo oa *
a u d H e r e fo r d r a ilw a y s , y u e b e o J e t . . N . H . . t o l.lm e I tld ite , Q u c b e o , 1 0 8 m .;
P o r t l a n d Sc I t u m f o r d F a l l s s y s t e m , 1 0 4 i n . ; B a t h t o R o c k l a n d (Including
S S r n f i r r y . 6 1 0 m . ) 4 0 m . : t o t a l J u n e 3 0 11) 0 7 . 0 3 l m l l a s , o f w l d o h 3 u i
o w n e d , tol operated u n d e r u O U - y e a r l e a s e s a n d p r a c t i c a l l y o w n e d , 3 3 m .
u n d e r f t o - y v a r Ic x m c x a n d 8 r a . f / 'r r y U n c « .
. . .
t n j a n . 1 9 0 4 t h e e n t i r e d o c k o f t h e W a s h i n g t o n C o u n t y H y . , 1 37 m l l e a ,
w a x ( k t i r o h a i t u l. lt a .I M % b o n d s ( s e e t a b l e a b o v e ) b e i n g g u a r . , n r l n . a n d I n t . .
b y e n d .: b u t r o a d i e o n e r , s e p a r a t e ly . V . 7 8 , d , 103 8 2 0 , 0 8 0 :
p . 2B 40.
In A p r il lu n 7 c o n t r o l o f S o m e r s e t I t y . , O a k la n d l o K ln e o M a i l o u , M e .,
a n d l i r n n e h . t n t a l , 0 0 m . , w /i s a c » | U lr e d .
V . 81, p . 8 0 3 . 1183.
T h e P o rt­
l a n d 8c I t u m f o r d F i l l s U R . ( w l d o h s e e l w a s t a k e n o v e r u n d e r 0 0 0 y e a r le a s e
In A p r i l 1 0 0 7 .
V . 8 4 . p . * 0 8 . 0 3 1 ..
S T O C K . — S t o c k rn r * 2 , 5 1 0 , 0 0 0 o w n e d b y B o s t o n * M a i n e . V . 7 2 . p . 0 8 8 .
D IV ID E N D S .
1 8 8 1 t o J u l y 10113. 0 % y e a r l y ; O u t . I 0 t ) 3 t o J u l y 1 0 0 7 .
7 % ; O e t . 1 0 0 7 . 2 " i : 1 0 0 8 , J im ., 2 % .
B O N D S . — T h e r a a r e a l s o * 8 1 . 0 0 0 M n l n o S h o r e L i n e Os a u m n i r d , d u o 1 0 2 3 ;
a l s o * 0 5 , 3 0 0 B e l f a s t * M o o s e h e a d L a k o i n t j c , b o n d s , d u e 1 0 2 0 , n o t is u a r a n t r e d , In te re s t a n d s in k in g fu n d p a i d o u t o f r e n ta l; A n d , A H e n . s t o c k
b o n d s , * 1 1 .0 0 0 , c i c h n t n r e a b l c f o r M . O . * t o c k i M a in e C e n t r a l I n t e r e s t s c r i p
e x e h a n e e a b le fo r c o n s o l, b o n d s . * 8 ,1 0 2 .
J o i n t l y w i t h B . 8s M . g u a r a n t e e s
* 3 0 0 .0 0 0 P o r t la n d U n io n S t a t io n b o n d s .
A N N U A L R E P O R T . — R e p o r t f o r 1 0 0 0 0 7 w , » In V ,. 8 3 p . u i a .
1007.
_ _ 1 0 0 0 . __________ I P O o ,
1004.
Y e a r e n d•, J- u n-------e 30
$ 7 ,0 3 3 ,6 6 3
5 7 ,0 9 9 2 1 8
$ 6 ,7 7 3 ,5 6 0
Gross eanilnirs...............
* 8,200.030
1 ,3 4 9 .7 4 9
2 ,2 2 6 ,3 8 3
1 .9 6 2 ,0 1 7
1 .4 5 2 .0 1 7
N e t r n n d n g j» !a . . . . . . . .
2 3 7 ,4 2 4
2 4 4 ,6 3 9
2 3 7 ,0 4 9
2 1 8 ,9 6 2
O t h r r I n c o m e ............ ...........
9 1 .5 0 7 ,1 7 3
$ 6 1 7 ,9 6 0
5 5 1 ,1 8 6
3 4 8 ,3 6 9
1 1 3 ,4 4 0

$2,100,668

$ 1 ,6 3 0 ,0 7 9

R e n t s .................
D iv id e n d s ( 7 % ) . . . .
S i n k i n g f u n d ...................
A d d i t i o n s , A c . . ---------

$ 2 ,4 7 1 ,0 2 2
$ 6 1 7 ,9 6 0
6 0 5 .8 3 3
3 4 8 ,3 6 9
1 3 ,4 4 0
7 2 1 .3 0 0

$ 6 3 1 ,8 6 0
5 4 5 ,8 7 6
3 4 8 ,3 6 5
1 4 1 ,6 9 4
3 3 0 ,0 0 0

TOM
3 4 8 .3 4 8

Uhl,, xurulux . . . .

9 1 6 1 ,0 9 4

$ .6 6 ,2 1 8

$ 1 7 8 ,8 7 1

5 8 3 ,3 0 5

N /’ t I n c o m e . . . . . . . . .

In terc a t ............ . . . . . . . .

2 0 ,4 4 0

'" T O R O N T O

Xt’CoonnU* V T

B ay CU y

o W a t c r h 'O
l>imi lotto

ROCHESTER
fdrtlmer
[ALLEY

grand

• o ifim io N

jfiK

C4NASTOT

= 3 ^ ! « •

^-S/nlr uaow. CaiciiOTla^
\ RIRPLCTON^
N.

Jknn&it/ipL,
'

511/c r L- J c. -jlYilorrl»P0°
^JTrccv
m J r y lc u

.iihforj i

RAILWAY STOCKS AND BONDS.

Kldnd

M t. J e w e tt

C<

Kan?'
yy\juim~iiw\

Lliiud

**

Trout ltiui

B rockw ay V.
N e w b e rr y
Jc.

K M i lt i ih

Lock Haw.

CutVcnsvillj
Walston x /
Ponjuutuwnt-yx

PhiUiuslmr?

C n K Ico o n

ftlh tr c u lU

.Centerville
E lle n v ille

V Sa rro w sb u n r

Lacka vwucu

\
M
ld.nefowol

t

•tan., 1008.

B r t n x t t t -1

W
„©*

r”^5

MOUlUibg

C resco

Mt.roeono^^

Dwkcrtoi
iinbur,;

Astfistc
SwArtA-^N

Kdi&u

^ jia r u jc .
’Andover
L O ltW wCr ,

ICOURToai

U erndot

inO.OKLYH

%.0«»




F tehklliX
» t Point

iGouldeboro

T y iv u w

u5«feN
/ Htfwpurtj

vkcu*
<y
LlnoAn Colliery
!x ilAtlln^ Rui
tjihlu

L E H IG H VALLEY
R AILR O A D

> ouoh 1

^ /-'Y lc ij^ -w c li

Kcwlraj

io i h c u

■"wflacd

Mlddlcbunr

llC b d a ic ,

M o n f le c I I o ?
Sui

W eLcrt

.PITTSBURG

j

Malden

C o ch cto n

Hawley—

'^Watson T.

JlHesburs

I T u im lc W

OUveBranch"

‘n V.Ra'/ k?,

fPreepOBV

T ren to n

milu t D u n

raW^’

Wwifli.M FUU

nfiot-e*J*lo

N ord m on t

LaznrUon

Gann

,c *
‘
[Curbondalel

Satterfield.

Coin nil

\

Icrrlck Contra

StcvQuavn

Eatfle
Mcreo^
Soucstow
Clnunouni^^^
ttlUIMJ5>OHT
S&mUs
"?

c e ll C r v

iuow Slioo
[e r m io o r

3

, A lfo r d

TOWAN DA|
Mon roe toy *

IJodlnod

H u n ter,

ArkrUH
lmx>

//l^ U B r o o k

K u rtk a tu

Butler

J

C u m ln O

K oab ary

Delhi,

P o w i u v lU a

b tu h orel

Slate Itm::

C K a r fle h l

avv*
KlIh'

PHIlao * cF ,

Nirurerh

t

j

tlackwcJIs

C u A t/u u

*

O tc g o

D#po«|t

\
\ MorrU ttun/o
f ilo ia liiij^ v ^ '_

/ / W « t End

DllftWCM.nl

ALU Jefferson LIuc^ l

N o r w ic h
M a r a th o n

ROU TE

NEWYORK TO CHICAGO

'n U I

Tltim

Aloytvliio

Cool Glc-ao—
Tails Crcok

. l'^

I

to*\
Hiinlfbcnrlllf
U )|
/

GaJctMSi;

H all ton

Koxbui

hormhuo*
E L M IR A

'LuwciatiUvvtlk>

UcuvwH5\

TH RO U G H

-r*JScw*r* Tilloy
^Fiemln^rlllo
wowjtocL
ri

A d d lc o n

idureport

EatIyUIv

^mDerkatiln

4TN .

WcllsrlUc

UIumUIo

A lb a n y

Richfortl

K anoC

8 a b iiii.ii
iwu

iu

4aiiUs

D orsolU riU i

UQl

cCamden

ItllUCR

CHIC*1

^CORTLAND
.«'n

Miiehl/v* J«.

luMfvi

Rv.

lClorcliui<3
'C u y l r r

-

irooU>u\

1

ORANO TRUNK

\g

V,

w W *rsa\

v^Sl'uuklrt
•<•'/
• lIMytoird

IHUN*

H A R R IS E U R i
O a r ll» lo £ j

f
llllsbuiva

RCaoiNc'

*

ion
■REAoT^lnklnj SvJ

Human
C orn w aU j

[Mdfetown

>(
Cj" M:inhi-irn

llano \

BlnUtm

Jr\t DoyleaT/

SAlhird

>tLoOi

l^J Froe£bh(«E

Earmlngdale'

SL Peters,

Lakewood §

Mariel
inmbla'

7 ton Jc.
?TRENT<

P H ILA D

8<>
R A IL R O A D S .

IN T E R E S T OR D IV ID E N D S .

F o r explanation o f column headings, A c . , see notes
on first pace o f tables.

M i l e s I Date
of
of
R oad. B on d s.

L o u lt v lllu & N a s h v ille — (C o n c lu d e d )
100
F e n A A t fir s t m o r t g a g e g o ld d r a w n a s s u m e d . . . . c *
H e n d e r s o n B r id g e C o — 1st M g d r a w n a t 1 0 5 .C e ,c * l
10
105
N o s h v F io r A S h e l l 1st M g a s s u m e d In m o o . .C c . c
192
S o u * N o r A l a b a m a 2 d M g o ld s in k fd J 2 .0 0 0 .0 0 0 ,
102
C o n s o l m o r tg a g e (fo r J l0 .0 o 0 .0 0 0 ) g o ld g u a r .C e .c *
N c w p A C l n U r 1 st M g a f n a s ’ a g u b y F c n n C o ___ F
L A N - S o j o i n t M $ 7 , 7 5 0 , 0 0 0 r e d 1 0 0 7 _____S . o * A r .
K e n t u c k y C e n tr a l 1 st M ($ 7 ,0 0 0 ,0 0 0 ) g o l d . . M p .c *
247
228
A t l a n t a K n o x v i l l e A N o r t h e r n 1 s t M g o l d ............... C e
228
C o n s o l m o r t g a g e g o l d J IO .O O O u e r m i l e ------------- U *l
L A N — A t l K n o x v A 0 D I v M $ 0 0 ,0 0 0 ,0 0 0 U tO * A r
722
N o t e s $ 8 . 5 0 0 , 0 0 0 g o l d ..............................................................c & r !
L o u is v ille N ew A lb a n y A C h i c a g o — S e e C h ic a g o Iu d l a n a p o
L y k o n s V a lle y — S t o c k .
R e n t a l p a y s 3 % . _ ...............
10
M a c o n A B ir m in g h a m — 1 st M $ 3 0 0 ,0 0 0 g o ld
O B .C
07
M a c o n D u b lin A S a v — 1 st M $ l ,8 1 0 .0 0 0 g g u p A l .N .C *
02
M a i n e C e n t r a l — S t o c k a n d s c r i p ( $ 1 2 , 0 0 0 0 0 0 ) ...............
F i r s t c o n s o l i d a t e d m o r t * H J 2 0 9 , 3 0 0 a r e 5 s ) --------- c & r
304
g a g e . $ 0 , 0 0 0 , 0 0 0 _____ j ( $ 3 , 2 0 5 , 5 0 0 a r e 4 s ) . . . q & r
C o lla te r a l tr u s t b o n d s fo r M t D e s e r t B r a n c h . . A B .c
I m p r o v e m e n t b o n d s " A " A MB " n o t m o r t g a g e s f . .
M a in e C e n t r a l R u A N o A m r e f u n d in g m o r t g a g e g o ld
00
4H
F i r s t M P e n o b s c o t .S h o r e L i n e R U C o a s s u m e d . . . .
K & L s e c o n d m o r t g a g e (f o r $ 1 0 0 ,0 0 0 ) a s s u m .B B
48
E u rop ea n A N or A m c r s to c k 5 % ren ta l 0 0 0 y e a r s ..
120
P o r t la n d A O g d e n s b u r g s t o c k (2 % r e n t a l 0 0 0 y e a r s )
100
C o n s M ($ 5 0 0 ,0 0 0 a r e 3 M s ) g u a r p A I e n d . . B B .e
100
P o r t l a n d U n i o n S t a t i o n s e n 0 4 * * A " « * 'B ” ( t e x t ) s f
D e x te r A P is c a ta q u is s t o c k A % r e n ta l 0 0 0 y e a r s .
17
F ir s t M D e x t e r t o D o v e r e t c g u a r b y e n d -------- B B
17
H c r o fb r d R y s t o c k (r e n ta l 9 0 0 y e a r s ) . . . . . . .
.
33
F ir s t m o r t g a g e g u a r a n t e e d p A I (e n d o r s e d ) —
53
U p p e r C o o s R R s t o c k a % r e n t a l 0 0 0 y e a r s .....................
B3
F ir s t m o r t g a g e g u a r a n t e e d p A I ( e n d o r s e d ) . .
22
E x t e n s io n M $ 2 1 ,0 0 0 u m g u a r a n t e e d p & 1 (e n d ), ,
33
b A l s o $ 2 2 , 4 5 8 , 0 0 0 I n t r e a s u r y o r p l e d g e d f o r o t h e r Issuers
$ 2 0 ,0 0 0
d $ 8 8 ,0 0 0 c $ 3 0 , 0 0 0
f $ 1 5 ,0 0 0 u $ 4 2 4 0 0 0
I $7

S i t e , or
Far
V a lue.

$1,000 $ 1 1 ,4 5 3 0 0 0
1 .3 2 8 ,0 0 0
1,000
1.000 k 1 .0 9 0 . 0 0 0
1,000 O w n i . A N

t88fl

1 .0 0 0 m 3 , 2 1 7 .0 0 0
t .0 0 0
1 .4 0 0 .0 0 0
,0 0 0 A c n 5 .8 8 2 .5 0 0
1 .0 0 0
JO . 5 0 8 . 0 0 0

1803

1002
1887
1800

1.000

1002

1 .0 0 0
1 .0 0 0 AC
10 0 5
1 .0 0 0 A c
1007
Its A L o u l s v l l l o

20
I 0001
1,000
100

1500
1007

i«72
1872
1883
*80 *’ 8 7
1803
1890
1801

1888
8 7 - '8 0
_____
1880

____
1800
. . .
1890
1890
e t c ..
1 1 ,0 0 0

100 A o
100 An

1,000
1,000
1,000
1,000
t .000
100
100
1,000
1.000
too
1,000
100
1,000
lo o

1.000
1,000
S ee tex t.
J $ 4 4 ,0

M A N C H E S T E R A L A W R E N C E R R . — O w n s f r o m M a n c h e s t e r , »N. H . . t o
M e th u e n (S t a t e L i n e ) , 2 2 4 m ile s .
L e a s e d fo r 50 y e a r s fr o m S e p t. 1 1 8 8 7 to
B o s t o n A M a in e a t r e n t a l p a y in g 10 % d l v .
I n 1 89 5 a d l v . o f 5 0 % p a id fr o m
p r o c e e d s o f C . A M . s u i t .— ( V . 7 3 , p . 1 2 0 4 .)
M A N H A T T A N R Y . ( E L E V A T E D ) . — (•See M a p Interborough R ap id T ra n ­
sit C o . ) — O w n s a l l t h e e l e v a t e d r a i l r o a d s I n b o r o u g h s o f M a n h a t t a n a n d t h e
B r o n x , N . Y . C i t y , m a in lin o a n d b r a n c h e s , 3 7 4 m ile s , d o u b l e t r a c k e d , w it h
14 m ile s a d d i t io n a l t h ir d t r a c k , s id in g s , A c .
V . 70, p . 170, 033.
L a t e In
1 0 0 2 b e g a n u s i n g e l e c t r i c t h ir d c a ll o n e n t i r e s y s t e m .
V , 75, p . 733.
L E A S E . — T h o I n t e r b o r o u g h R a p i d T r a n s i t C o . le a s e s t h e r o a d f o r 0 0 0
y e a r s fr o m A p r . 1 1 0 0 3 , g u a r a n te e in g 7 % p e r a n n u m o n th e s t o c k . V .7 3 , p .
1 2 0 2 . 1 3 0 2 ; V . 7 0 , p. 2 1 2 ; V . 7 0 . p . 2 4 5 0 : a l s o I n t e r b o r o u g h R a p i d T r a n s i t
C o .. V . 7 0 , p . 1 01 .
G u a r a n t y , V . 7 a . p. 4 8 0 .
S T O C K . - O n N o v . 2 8 1 0 0 0 J l.8 0 r t .0 0 0 s t o c k w a s s o l d , r a is in g f l i e a m o u n t
t o t h o $ 0 0 , 0 0 0 ,0 0 0 a u t h o r i z e d .
V . 3 3 . p . 1228, 1201; V . 84. p . 271.
B O N D S . — C onsolidated mortgage ( t r u s t e e , C e n t r n l T r u s t C o . ) Is l i m i t e d o n
p r e s e n t m i l e a g e t o $ 4 0 , 0 0 0 ,0 0 0 , a n d w i l l p r o v i d e f o r p r i o r b o n d s w h e n d u o .
A m o u n t s b e y o n d $ 4 0 ,0 0 0 ,0 0 0 m a y b o Issu e d fo r e x t e n s io n s a t th e r a te o f
$ 3 0 0 ,0 0 0 p e r m ile o f s in g le a n d $ 8 0 0 ,0 0 0 p e r m ile o f d o u b l e t r a c k .
(S e e
a b - u r n m o f m o r t g a g e In V . 5 1 , p . 2 4 8 , a n d c o m p a r e V . 3 2 , p . 3 5 3 .
T o M a y 1 8 0 3 c la im s a g g r e g a t in g $ 8 ,8 4 7 ,8 3 4 h a d b e e n p a id o s d a m a g e s t o
a b u ttin g p r o p e r ty a n d o th e r ca se s w e re b e fo r e th e c o u r ts .
S e e " C h r o n ic le ,M
V . 0 8 . p . 0 5 1. a n d V . 8 7 , p . 7 8 9 ; V . 8 2 . p . 1 3 8 0 ; V . 8 3 . n . I 1 7 1 .
P erson a l
p r o p e r t y t a x n ^ c ^ s m e n t s e c V . 8 8 . p . 0 3 4 ; V . 8 7 . i). 2 2 2 ; V . 8 8 , p . 1 2 8 2 . a n d
V . 71, p. 1120; V . 8 1 . p. 1307.
T a x e s In l i t i g a t i o n O c t . 1 0 0 7 ( o t h e r t h a n
f r f l n O i l " '' t a x i , p e r b a l a n c e s h e e t , 5 1 9 ,8 8 0 .
V . 8 ft , p . 1 3 3 0
In J a n . 1 9 0 7
fr a n c h is e t a x e s f o r 1 9 0 0 t o 1 9 0 3 (5 3 .1 7 0 .1 1 2 ) w e r e p a id .
V 81, p . 271.
D I V I D E N D S . — 1 * 8 0 . ’ 0 0 - 0 8 , ' 0 7 . '0 8 . ' 0 0 . ’ 0 0 .
S i n c e 1 8 8 8 .............% J f t 4
6 y 'r i y . 4 4
4
i
1

0 1 . ’ 0 2 . '0 3 .
4
4
7 4

S in ce.
7 % y 'r l y

Y e a r ending J u n e 3 0 —

1008.
1903.
1904.
G r o s s e a r n i n g s . . ...................................................$ 1 2 , 7 0 1 , 7 2 0 $ 1 3 , 1 0 8 , 2 9 2 $ 1 4 , 1 3 7 , 8 8 0
N e t o v e r o p e r a tin g e x p e n s e s . .
7 ,3 7 2 ,0 0 8
7 ,0 5 1 .3 5 1
8 ,3 4 1 ,8 3 4
O t h e r I n c o m e ............................................................
3 8 3 .3 0 8
3 0 0 ,5 5 2
3 4 1 ,3 0 1
I n t e r e s t , r e n t a l s a n d t a x e s ............................
3 ,1 8 1 ,0 9 4
3 ,0 0 7 ,5 1 5
2 ,8 0 3 .1 1 2
D i v i d e n d s ................................................................< 7 ) 3 . 8 0 4 . 0 0 0 ( 7 ) 3 . 8 0 4 , 0 0 0 ( 7 ) 3 . 8 8 4 . 0 0 0

M A N IL A
R V . ( I v o 6)
L t d .— O R G A N I Z A T I O N .
T o o w n (p e r p la n
V . 8 3 , p . 1 1 7 0 ) p r a c t i c a l l y a l l t h e b o n d s a i l d n h n r « ‘.\ I s s u e d b y t h e M a n i l a
R R . o f N ew J ersey .
T h e l a t t e r w ill b u il d a b o u t 4 2 0 m ile s o r r o a d o n t h e
I s la n d o f L u z o n . P h ilip p in e Is la n d s ( V . 8 3 , p . 1 3 4 8 ), a n d t a k e o v e r t h e p r e s
e n t s y s t e m , 2 0 8 m i l e s , o p e r a t e d b y t h e M a n i la R y . ( o l d C o . ) , t o t a l t o h e
8 2 8 m ile s ,
I n c o r p o r a t e d u n d e r la w s o f G r e a t B r it a in .
Speyer A C o and
o t h e r s a re fu r th e r in g th e e n te r p r is e .
C o n s t r u c t i o n w a s b e g u n In M a r . 1 0 0 7 .
S T O C K . — O r d i n a r y s h a r c e a u t h o r i z e d , t t f e . q o o .o o u : 5 % n o n c u m . p r e f e r ­
e n c e s h a r e s , w i t h p r e f e r e n c e a s t o p r i n c i p a l In e a s e o f l i q u i d a t i o n . £ 2 . 0 0 0 . 0 0 0 ,
a ll c f £ 1 ') e a c h .
O f o r d i n a r y s h a r e s . £ t . 8 0 0 . 7 3 0 Is r e s e r v e d f o r t h e n e w C o .
D E B E N T U R E S .— T h e “ A " a n d “ IF ' 1% d e b e n tu r e b o n d s a re s c o u re d b y
t h e s a m e t r u s t d e e d a n d a r e a O ra l a m t s e c o n d c h a r g e , r e s p e c t i v e l y .
The
“ A ” d e b e n t u r e s a r c s u b j e c t t o c a ll a ft e r 1023 a t 1 0 3 ,
D e n o m in a t io n s o f
d eb en tu res, £ 2 0 , £ 3 0 , £ 100 an d £ 2 0 0 .
T o t a l U a u n h le o n 8 2 8 m ile s . £ 3 , ­
0 0 0 , 0 0 0 e a c h o f " A " a n d " B " d e b e n t u r e s , o f w h i c h t h e r e a r e n o w t o h o Is
s u e d £ 1 .8 0 0 ,0 0 0 “ A “ a n d £ 1 7 3 0 .0 0 0 “ B . "
A d d itio n a l a m o u n t s o f e a c h c la s s b e y o n d th e £ 3 .o o o .o o o m a y h e Issu ed
I I , I ., l l l g g l n s w ill b o P r e s , a n d G e n . M a n . o f t h e A i n . C o
( V . 8 3 , p .1 4 7 0 )
M A N I S T I Q U E At A R Q U E T T E A N O R T H E R N R R . — M a n h t l q u e . M i c h . ,
o n L a k e M ic h ig a n , n o r t h e r ly t o S h ln g le t o n , o n th e D u lu th S o . S h o r e A A t
t a n t lc , 4 0 m . , w it h b r a n c h t o M c N e i l’ s , 13 m . : V . 7 5 . p . 1 8 3 .
O p era tes ca r
fe r r ie s b e t w e e n M a n ls t lq u o a m t N o r t h p o r t a n d M n n ts tb iu e a n d L u d ln g t o n o n
P are M a r in e tte R R .
S t o c k $ 2 .O oO .O Q O . o r w h i c h t i l e G r a n d R a p i d s A
I n d ia n a o w n e d $ 1 ,8 9 8 ,8 0 0 .
V , 82, p . 1008.
S o l d In f o r e c l o s u r e o n S e p t . 2 1
1003.
V . 8 1 , o . 0 7 3 ; V . 7 8 . p . 2 0 1 2 ; V . 7 4 . p . 7 7 8 ; V . 7 8 . p . 8|Q .
N o p la n
o f r e o r g a n iz a tio n fo r m u la t e d t o J u n e t o n 7 .
M a r c h 21 t o D e c . 31 1 0 0 0 ,
g ro s M . $ 1 0 3 , 8 3 2 ; d e f . u n d e r o p e r . e x p e n s e s , $ 2 8 , 0 2 u . — ( V . n i , p . » 7 3 . )
M A N IS T E E
M A N IT O U

A
A

BRAND
P I K E 'S

R A P ID S
PEAK

R R .— S e e p a g e 178.

R Y . — SCO p a g e 1 7 8

M A R IC O P A A P H O E N IX A S A L T R IV E R V A L L E Y R R .
M a rico p a t o
P h o e n i x , A l l / . . 3 8 m ll i s ; T e m p o t o M
7 m i l e s ; t o t a l , 43 m i l e * .
A c q u ir e d
a t f o r e c l o s u r e i a l e D e o . l o o n b y S o u t h e r n P a c i f i c C o - ( V . 8 3 , p . 0 87.1
M ARYLAN D

D ELAW ARE

M ARYLAN D

A

A

V IR G IN IA

R Y . — S ee p a g e 178.

P E N N S Y L V A N IA

R R .— B a lt im o r e . M d ., t o Y o r k , P a .,
V . 72, p. 330.
T o he
B a l t i m o r e t o I t c l n l r , 28 m .
V . 8 2 , p .!3 8

8 0 m ile * , w it h b r a n c h . D e lt a t o P e a c h B o t t o m , 4 m .
e l e c t r i c a l l y a t le a a t f r o m

S T O C K A N D B O N D S .— S t o c k a u t h o r i s e d , $ 3 ,8 0 0 ,0 0 0 , o f w h ic h $ 1 ,0 0 7 ,*
5 0 0 r e s e r v e d fo r fu tu r e r e q u ir e m e n t * .
In 1 002 th e a u th o r iz e d Issu e o f th e
f i r s t I s w n s 1e d u c e d f r o m $ 2 , 7 0 0 , 0 0 0 t o $ 1 , 2 0 0 , 0 0 0 , o f w h i c h $ 2 0 3 , 0 0 0 n r o
r e s e r v e d t o re tire th e Y o r k a m i P r a r h
B ottom
5 s a n d $ 9 7 ,0 0 0 a d d i ­
t i o n a l f o r fu t u r t i p w r p rM C * . A o ,
V . 7 1 . p . 0 4 . 427* V , 7 9 , p . 2 2 0 3 .
M a ry
l a n d A P o o n - v l v a n l n T e r m i n a l g u a r a n t e e d b o n d * . V . 8 2 , p . l o l l , 11«»2
E q u i p m e n t n o t e s D e c . 3 1 1 00 0 $ 3 9 , 0 0 0 .
P a u l o n In co m e n 1 001 3 % ; s in c e
t o 1 9 1 )7 , I n c l u s i v e , 4 % y e a r l y .
E M I N I N O S . -3 m o s . J ! 0 o 7
.
..
G rom .
.1 i i v 1 t o N o v . : n .
1 1 0 0 8 ..................... . . G r o s s ,

$ 1 8 4 ,0 5 8 ;
1 8 1 .0 4 3 ;

n e t . $ 5 8 ,0 8 4
n et,
0 9 ,4 0 8

R E P O R T . — F o r y e a r e n d . D e c . 31 1 0 0 8 , g r o s s , $ 3 3 1 ,3 5 4 ; n e t , $ 1 1 5 ,8 5 7 ;
I n t o n b o n d s , A c . , $ 8 2 , 0 0 2 : t n l x c e l l .. $ 1 , 0 9 9 ; b i l l . , x u r . , $ 3 3 , 7 3 3 .
P r e n .,
J o h n W i l s o n B r o w n . — ( V . 8 1, p . 3 9 0 .)

MASON CITY A FT. DODGE RR.—(See Map Ghlcagd Great Western.)—
Owns road from Oelwoln, la., to Council Bluffs. 280 miles; llayllcld, Minn.,
ID Clarion, la., 100 m.; branches to Lehigh and Coalville, la,, 18 m.: track­




2
8
5
5
5

*
g
g
g
g

4W

*

W h en
P a yab le.

F
M
F
A
F
J

A

i5 g
4 g
4 g

5 0 0 .0 0 0
1 0 ,0 0 0 ,0 0 0
n .B O O .0 0 0

J
J
M
M
M

A
A
A
A
A

3 ff

f i o o , o o o 3 In 1 0 0 7
8 0 0 .0 0 0
ft g
1 .2 4 0 .0 0 0
5 g
4 , 0 8 8 . 0 0 0 'S e n t e x t
4 .1 0 3 .5 0 0
6 A 7
4 , 7 9 0 , 3 0 0 4 4- 4 M

W here P a ya b le, and b y
W h om .

R on ds — P r in c i­
p al. iF A e n D u o
Stocks— Last
D iv id en d .

A 71 B r o a d w a y ,N e w Y o r k
Aug
do
do
S
S ept
A
do
do
Aug
do
do
O
A p r il
Aug
A
do
do
do
do
J u ly
J
J
P
M o r g a n A C o . N YJ u l y
J u ly
J 71 B r o a d w a y ,N e w Y o r k
D
do
do
D ec
M ar
S
do
do
do
do
M ay
N
M en
S

A
A
A
A
A

4 g

000.000

Q
O f f i c e , 13 W i ll ia m S t . N Y
J— J
*
A
Jl O l d C o l o n y T r u s t . B o s t o n
A
Jr N e w Y o r k T r u s t C o . N Y
O fllc e . P o r t la n d . M o.
Q — J
A
O
A
B o s to n : A P o r t la n d
\
O
A
A
500.000
D A m l. A T r , B o s t o n
4 5 0 .0 0 0
J 2 d N a t I lk . D o s t: 1 P o r t
1.000.000
J B o s to n a n d P o r tla n d
1 .3 0 0 .0 0 0
A S e co n d N a t B a n k . B ost
4 0 0 .0 0 0
5
A,
do
do
2 .1 0 4 1 0 0
ft
O ( T r e a s u r e r 's O f f i c e . B a n g 'r
4 ,3 0 2 ,5 3 8
2
Q — K 2 8 ; M a in e C e n t O f f , P o r t la n d
2 ,110,000 3M A S M A N 2 d N a t B k i B o s t ; A P o r t
3 0 0 .0 0 0
J P o r tla n d , M e; A B o s to n
122.000
ft
J O ffic e . D o v e r , M e.
4
175.000
2d N a t U k . B o st: A P ort
4
8 0 0 .0 0 0
M a in e C e n t O f f , P o r t l a n d
4
8 0 0 ,0 0 0
A
N 2d N a t B a n k , B o s to n
3 5 0 .0 0 0
8
A
N O ffic e , P o r t la n d . M e
4
3 3 0 .0 0 0
A
N 2d N a t B k . B o st; A P ort
4. H
893.000
..
A
N O ffic e . P o r t la n d , M o.
A d d it io n a l1a m o u n ts w e re o w n ed b y th e C o . o n J u ly 1
00
k $ 1 00 ,0 0 0 m $ 4 .7 5 3 0 0 0
n $ 3 1 , 0 0 0 . I 'C o u p o n
J
J

1*

1 1021
1 1031
1 1037
1 1010
l 1038
l 1043
l 1952
l 1087
1 1048
1 2002
1 1053
1 101U

Jan 1 /0 8 1 K *
J u ly l 1048
.I a n
l 1047
Jan 1 ‘08 2%
A p r il I 1 012
A p r il l 1012
.1 t in e 1 1 0 2 3
J u ly 1 0 1 8 -1 0 1 7
J*a n
l 1033
t 1020
Aug
1 1021
F eb
1ft '0 7 2 K
O c t.
N o v 3 0 ‘07 4 %
N ov
1 1008
J u n e 2 7 -J a n 20
J a n '0 8 2 4 %
J u ly 1 1 020
N o v 1007 2%
N ov
1 1030
N o v 1007 3 %
M a y 1 1030
M a y 1 1030
1 0 0 7 , v iz .:

J AJ; leg. Q J.

a g e , C o u n c il B lu ffs t o S o u t h O m a h a , 7 m .; t o t a l, 3 8 5 m .
T h e C h ic a g o G re a t
W e s t e r n o w n s th e e n t ir e o u t s t a n d i n g c o m , s t o c k ($ 1 0 ,2 0 5 * 4 0 0 o f t h e a u ­
t h o r iz e d $ 2 0 ,0 0 0 ,0 0 0 ) a n d t h e n o n e u in . 4 % p r e f. s t o c k ($ 1 3 ,8 3 3 ,7 5 2 o f th e
$ 1 4 ,0 0 0 ,0 0 0 a u t h o r i z e d ) a n d o p e r a t e s t h e r o a d o a p a r t o f Its m a in li n e t o
O m a h a , u n d e r a 1 0 0 -y e a r a g r e e m e n t d a t e d A p r il l 1001 a n d la t e r m o d ifie d ,
t h e M , C . A F t . D . r e c e iv in g 0 0 % o f a ll e a r n in g * fr o m b U f l n o t t I n t e r c h a n g e d
A n y s u r p lu s o f n e t e a rn in g s a ft e r p a y m e n t o f In te re s t o n b o n d s a n d p r e f.
s t o c k Is t o b e h e l d In t r u s t b y C . G . W . f o r p a y m e n t o f f u t u r o c o u p o n s .
T h is s u r p lu s o n J u n e 3 0 1 0 0 7 a m o u n t e d t o $ 1 .2 8 0 .0 2 3 .
In 1 90 5 $ 1 2 ,0 0 0 ,0 0 0
4 % b o n d s w ere s o ld .
C o m p a r e C h ic . G re a t W e s te r n R y . a u a V . 7 3 . p .
5 00, 0 10. 722; V . 77. p. 810.
V . 7 8 . p . 1782; V . 8 0 , p . 2021
R e p o r t fo r
y e a r e n d . J u n e 3 0 1 0 0 7 I n V . 8 5 . t». 1 0 3 0 , s h o w e d , g r o s s . $ 2 , 0 0 4 , 0 3 9 ; n o t ,
$ 7 9 8 , 7 2 8 ; c h a r g e s , $ 5 3 2 , 0 7 0 ; b a l . , s u r . , $ 2 2 8 ,8 4 7 — ( V . 8 0 . p . 1 3 8 0 .)
M A S S A W 1 P P I V A L L E Y R Y .— P r o v in c e L in e t o L c n o x v t llo , Q u e ., 34
m ile s , w it h b r a n c h , 3 m .; tr a c k a g e t o S h e r b r o o k e . Q u o .. 3 m .: t o t a l . 4 0 m .
L e a s e d f o r 0 0 9 y e a r s f r o m J u ly 1 1 8 7 0 t o t h o C o n n e c t ic u t A P a s s u in n s lc
R iv e r s R R .
S t o c k , $ 8 0 0 ,0 0 0 ; p a r o f s h a r e s . $ 1 0 0 ; d i v id e n d s p a y a b le P c b .
a n d A u g . 1. D iv id e n d s , fo r m e r ly 3 % . 8 % s ln e o J a n . 1 *07.
O f th e s to c k .
$ 4 0 0 , 0 0 0 o w n e d b y t h e C o n n . A P a s s . R i v e r Is d e p o s i t e d u n d e r I t s m t g e . a m i
$ 5 0 ,0 0 0 Is r e p r e s e n t e d b y C o n n e c t i c u t T r u s t A S a f e D e p o s i t C o . o f H a r t f o r d
5 % tr u s t c e r t ific a t e s ,
( S e e • • S u p p l e m e n t '* o f O c t o b e r 1 0 0 1 . )
M i.* C L O U D R l V E R , R R . *i)\v 1* f r o m N l t m i i , C a l . 10 M c C l o u d , a n d t h e n c e
to
p o in t * e a fli:
lo u d , 30
in
S t o c k , ('.'),
B o n d s (5 1 ,2 0 0 ,0 0 0 n o t h , ) ,
t h e M e r c i n t H f T ru -.t. C o . o f S m F r a n c i s c o I* m o r t g a g e t r u s t o r .
V . 85. p.
1003.
P rc*. a n d G en
M g r . , J . I I . Q u * * n l;
S. O . Joh n son .
O ffic e ,
J a m e s F lo o d B ld g ., S a n F r a n c is c o . C a l - V . 8 3 . p. 1 0 0 3 .

ME AD VIL LG

CONNEAUT

LA K E

A

LINESVJLLE.— Meadvllle

to

L t iio s v lllo
P a . , 2 1 m il e s , a n d b r a n c h e s , 2 m ile s ; t o t a l , 2 3 m il e s .
L eased
t o J u n e 8 l o o n t o P it t s b u r g h B e s s e m e r A L a k e E r ie R R . ; r e n t a l , 2 5 % o f
g ro ss ca r u ln g s .
S tock , $200 000: p a r. $30.
M E R I D I A N 11 1 R M 1 N A L C O .— O w n * p a s s e n g e r n a t i o n a t M e r id ia n , M is s ,
O p e n e d S e p t , 1 1 0 0 8 , a m i lin e d b y t h e S o u t h e r n R y . , M o b i l e A O h i o , N e w
O r le a n s A N o r th e a s te r n R R . . A la b a m a A V le k s h u r g a n d A la b a m a G r e a t
S o u t h e r n , w i d e n o w n o n e - f i f t h e a c h o f t h e 8 2 5 , tutu e a p P a l i t n e l c a n d g u a r
a n i c e t h e b o n d s J o in tly a n d s e v e r a lly b y e n d o r s e m e n t ; fo r m
V 83, p, 801.
P r e s . , C . C . H a r v e y ; S e e . , VV. J . i C c l l e h r r . — ( V 8 3 , p . 0 0 1 . 1 4 0 2 . )
M E M P H I S R R . T E R M I N A L C O .— V . 8 4 , p . 5 7 0 .
M E X IC A N

S u r p l u s a f t e r d i v i d e n d s ........................
$ n x o ,780
3 1 ,0 8 0 .3 0 2
$ 1 .0 2 5 7 2 8
— (V
83. p
1 2 0 1 . 1 3 4 7 ; V . 8 1. t». 2 7 1 . 1 3 0 7 ; V . 8 3 , p
1 2 7 0 , 1 3 3 9 .)

Rate
%

Am ount
Outstanding,

1881
1881
1887
1880

o O p g r a t t n g e x p e n s e s I n 1 1 )0 0 * 0 7 I n c l u d e $ 5 1 4 . 0 1 9 f o r n m v c d w p . , $ 7 2 4 , s o f t
a d d it io n a l b e in g c h a r g e d a g a in s t I n c o m e fo r I m p r o v e m e n t s ;
In 1 0 0 5 - 0 0 ,
$ 1 , 2 0 3 , 5 8 1 e x t r a o r d i n a r y I t e m s ( I n c l u d i n g $ 8 2 8 , 0 2 7 f o r e q u i p . ) w e r e In
e lu d e d In o p e r a t i n g e x p e n s e s .— ( V . 8 5 , p . 7 I » . 9 1 8 , 021 )

e q u ip p e d

|VOL. LXXXV1

RAILWAY STOCKS AND BONDS.

O w ned —

CENTRAL

RY.

L IM IT E D

M iles,

M e x i c o C i t y t o J u a r e z C i t y ______ 1 ,2 2 4
M e x i c o t o R i o B a l s a s ........................
1 81

chtcutote to Tampico................

-107

T a m p i c o t o P a r c u o n ..........................

37u

Branch. Irapuato to AmecA___

217

D r n n e h , G u a d a la ja r a t o T u x *
p a n .............................................................
S a n P e d r o t o P a r e d o n .....................

120
138

(M E X I C O ).— O p e r a te s ;
O w ned —
M iles.
J lt n c n r /. t o R o s a r i o . . . . . . . . . . .
08

Other branches.......... .....................
Leased -

832

M e x i c o U n i o n R y . ..............................
U nr e x t e n s io n (T a m p ic o t o L a
B a r r a ) ............... ..................

ll
8

T o t a l J u l y 1 0 0 7 . .....................
3 .4 0 2
l i n e 1 0 8 m il* -* In l e n g t h , lt» t o c u r r y
The projected line to Tampico,
m s u b s id y o f 3
M e x i c a n G o v e r n m e n t s i l v e r b o n d s a t $ 1 0 .0 ( 1 0 p e r m i l e .
C o n h u l l a A P a c i f i c R R . . B a lt l ll O t o T o r r r o n . M e x . , 2 0 0 m i l e s , w a x a c ­
q u i r e d in A u g u s t 1 0 0 5 , a n e x t e n s i o n f r o m S a l t i l l o t o P n r c d o n . 4 7 m i l e s ,
b e in g C o m p le te d S e p t e m b e r 1 9 0 8 .
V . 8 0 . p . 1858; V , 8 1, p, 7 28, 1702;
V . 83, p
I 188
O n S e p t . I 1 0 0 ft a c q u i r e d m o s t o f t h e a l o e k o f t h e M e x ,
N a t . G o n s t r m q lo n C o . , o w n in g r o a d fr o n t Z a c a t e c a s t o O jA c a ll c n t c , 3 0 i n .,
a n d M A n r a n l l t o t o C o l i m a , 8 0 i n ., n c o n n e c t i n g l i n e t o b e b u i l t f r o m T u x p a n
t o M a n z a n il lo , 10$ m il e s , f o r m i n g a t h r o u g h lin e t o t h e P a c if i c C o a s t .
V . 70,
n , 1 9 6 7 ; V . 8 0 , p, 1 1 72 . 2 82 1 ; V . 8 1 . p . 3 1 .7 2 8 , 1 7 9 2 ; V . 8 3 , n . 1 4 8 8 .
B ran ch
f r o m O c o l U n n o r t h t o A t o t o n l l c o , 21 m i l e s , w a s o p e n e d I n J u l y 1 0 0 7 ,
O R G A N IZ A T IO N ,
I n c o r p o r a t e d F o b 2 3 1 8 8 0 u n d e r t h e g e n e r a l la w o f
M n x x A c h u i c i i * . a n d a l s o h o ld ,* a c h a r t e r f r o m t h o M e x i c a n G o v e r n m e n t .
D e b t r e a d j u s t e d In I 8 f t p — s e n v . i h , p . t u t . 2 0 2 , 3 2 7 .
I n J a n . 1 ............. t s o l l d a t l o n o f t h o M e x l*
l R y . a n d the N a t . R R ,
o f M e x ic o w ax p e n d in g , th e M e x ic a n G o v e r n m e n t t o a c q u ir e c o n t r o l o f t h «
c o n s o lid a t e d
co m p a n y , to
be
know n
ns
th e
N a tio n a l
R a ilw a y s
of
M e x ic o
T h e n e w c o m p a n y w il l i v » u c p r i o r H im 3 0 * y c a r 1 H % a m i g e n e r a l
m o r t g a g e 70 y e a r
i%
b o n d s , t l i c l a t t e r t o lie g u a r a n t e e d * p r i n c i p a l a n d
I n te r e s t, b y th e M e x ica n G o v e r n m e n t .
A s y n d ic a t e h a s b e e n o r g a n iz e d to
b u y t h e b o n d s o f t h e c o m p a n y a t a g i v e n f i g u r e a m i t h r u o f f e r t h e m in e x *
c h a n g e t o th e h o ld e r s o f th e p r e s e n t s e c u r itie s o f t h e M e x . C e n t , a m i N a t.
M l. o f M ex.
T h e M e x C e n t . c o n , 4 # w ill b e o f f e r e d c e r t a i n a m o u n t s o f m e lt
e l » s s o f n e w b o n d s ,« u d d o c k .
C o m m m in i H o n o f p la n a w a its n fa v o r a b le
m o n e y m a rk et.
V
83. p. 1470; V
84, p . 31: V . 8 3. p. 031, 1999
S U B S I D Y . - T h e b a l a n c e o f t h o s u b s i d y t r u s t f u n d In t h e h a n d * o r t h e
t r u s t e e f o r t h e p a y m e n t o f I n t ., If n e e d e d , 0 0 In t c o n s o l , lx , o n J u n e 3 0 ’ 0 7
c o n s is t e d o f $ 1 .1 8 8 ,0 0 0 o f p r io r it y m t g e . b o n d * a t c o s t . $ 1 ,2 0 7 ,3 8 4 , a n d
$ 21.1 o w n , 9 1 , 4 9 0 , 0 0 0 p r i o r i t y b d s . ( c o a t $ 1 . 8 8 9 , 1 7 8 ) h a v i n g n e o n w i t h ­
d r a w n f r o m t h o f d . d u r in g t h e y r . e n d . J u n e 3 0 ’ 0 7 t o p a y I n t, V .S .t .p .M f t f t ,
S T O C K .— A u t h o r i z e d , $ 3 2 , 0 0 0 p e r m h o o r $ 1 0 0 , 0 0 0 ,0 0 0 I n a l l ; p a r , $ 1 0 0 .
I n J u l y 1 00 8 $ 1 1 , 3 8 5 , 0 0 0 n e w j i t o o k w n a B a t e d a n d 8 9 2 8 , 2 0 0 a d d i t i o n a l
w n * h x im b lc fo r n e w n c q u lK ttlo n x ; t o t a l , $ 3 9 ,4 5 4 ,3 0 0 . V . 8 1 , p . 1 7 0 2 .
B O N D S . — O f t h e a u t h o r i z e d l.rrn o o f $ 8 , 0 0 0 , 0 0 0 p r i o r i t y b o n d * $ 1 , 4 0 3 , 0 0 0
w e m p a i d o f f w i t h a t i b a l d y c o l l e c t i o n s , a m i c a n c e l e d In 1 8 u i • $ 1 , 0 0 0 ,0 0 0 m u
r e s e r v e d f o r a d d i t i o n a l r o l l i n g s t o c k ; t h e b a l a n c e , $ 3 , 5 0 7 ,0 0 0 , w a s h e l d a *
a n I n v e a t m n n t b y t h o t r u s t ™ o f t h o c o n s o l , r n t g n . , b u t $ 1 . 0 8 1 ,0 0 0 w a s
w i t h d r a w n In 1 9 0 4 - 0 0 , $ t . n o n . n o n In 1 0 0 5 - 0 0 a n d $ 1 , 4 3 0 , 0 0 0 In 1 0 0 8 - 0 7
t o w a r d p a y m e n t o f I n ie ic x t o n o u t n ln iiU ln g c o n s o l. l« ; o n J u n e 30 100 7
$ 1 , 1 8 8 , 0 0 0 r e m a i n e d In t h e l U b n l d y ( r u s t
f u n d a n d $ 9 2 5 , 0 0 0 w a s In t h e
trea su ry.
V . 3 2 , p . 3 9 0 ; V . 7 0 . p , 109 ; V . 8 2 , p . 1 4 0 7 ; V . 8 3 , p . 1488.
(*tCc
a b s t r a c t o f m t g e . In V . 4 0 , p . 1 7 7 .)
B o t h s e r ie s o f in c o m e s a r e n o n - o u m . a n d s e c u r e d b y o n e I n d e n t u r e t o t h e
A m e r ic a n L . A T . C o . o f B o s to n .
F i r s t I n c o m e s r e c e i v e d 3 % I n t e r e s t In
!«!»* » . 18UI a n d 1 8 9 2 ; n o n e s i n c e .
V . 7 2 , t>. 8 2 7 . 8 8 0 ; V '. 8 3 , p . j o .
I n 1007 In a d d i t i o n t o t h e 5 a 8 .H a o .n n n c o n s o l . 4 s In t ia n d n o f p u b l i c ,
s o m e * U .o n o .b o o h a d b e e n ,o r w e r e t o tm , d e p o s i t e d a s p a r t c o l la t e r a l f o r t h e
$ 3 3 ,0 0 0 ,0 0 0 c o ll, tr u s t n o te s o f 1 9 0 8 ,
S e e b e lo w .




RAILWAY STOCKS AND BONDS

88
R A IL R O A D S .

Afifes

D ate
of
R oad. B on d s.

Of

F o r explanation o f colu m n hea d ings A c . , see notes
on first page o f tables.
M a in e C e n t r a l — ( C o n c l u d e d )
D e x t e r A N e w p o r t s t o c k 5 % f r o m N o v 2 5 1 8 9 8 _____
F i r s t M ( o l d o s r e f u n d e d I n 18117) g u a r p A l e n d . . *
E a s te r n M a in e s t o c k 4
% r e n t a l DUO y e a r s .
S o m e r s e t R y n o t e s j l . 6 o o . o n o g u p A I ..................
M a n c h e s t e r & L a w r e n c e — S t o c k 1 0 % r e n t t i l l *3 7 D A M
R e a l e s t a t e b o n d s ( n o t m o r t g a g e ) I n t g u b y B St M . c
M a n h a tta n (E le v a t e d ) R y , N Y — S t o c k $ 0 0 ,0 0 0 ,0 0 0 ..

V a — 1 st M $ 2 ,0 0 0 ,0 0 0 n o t h g o ld g u n r p & I
Maryland A P e n n — Y o r k A P e a c h B o t t o m m o r t g a g e . .
F i r s t M $ 1 , 2 0 0 ,0 0 0 g o l d c a l l a t 1 0 5 ________ M e D a c *
f o c o m e M $ 1 ) 0 0 , 0 0 0 4 % c u m c a l l a t p a r ...............M B a
M a r y l a n d A I ’ c n n T e r 1 s t M 5 2 0 0 , o o o g g u p A l r e d 101
M n i . w i C i t y A Ft D o d g e — 1 s t M $ 1 2 . 0 0 O .0 O 0 g . . C o . c A r
M a m a w ip e !— S t o c k g u a r sa m e d lv a s C o n n A P a s s ..
M c C l o u d R i v e r — First m o r t g a g e $ 1 , 2 0 0 , 0 0 0
M e a d v l l l e C o n n e a u l L a k e A L i n e s vIlie — F i r s t m o i
M e r i d i a n T e r m i n a l — 1 s t .NT $ 2 0 0 , 0 0 0 »r g u a r . ___ i
M e x ic a n
C en tra l -1 s t
M
I n c l u d i n g s c r i p _______
P r i o r i t y b o n d s g o l d r e d e e m a b l e a t 1 1 0 ________
C o n s o li d a t e d m o r t g a g e $ 3 2 ,0 0 0 p m g o l d . - B B
First c o n s I n n A s c r i p n o n c o m ( $ 0 , 0 0 0 p m ) g . A R . c * .
2 d c o n s I n c ( $ 0 , 4 0 0 t» m ) r e d 5 0 % t o A u g 1021) A B c *
R e g i s t e r e d I n c o m e b o n d s a n d st r i p u n a r . s c n t c d .
M .i

D A

C a r a n d l o c o m o t i v e r e n t a l n o t e s ...............................................
E q u ip m e n t As $ 5 0 ,0 0 0 r e d e e m a b le y e a r ly a t p a r . .
do
( $ 5 0 , 0 0 0 y e a r l y p a r ) r e d 1 0 2 HI b e g * 1 0 O B c *

il**
I n c o m e 4 % b o n d s (n o m o rtg a g e ) n o n -c u m u la t lv e ..
M e x i c a n M i n e r a l — 1 s t M $ 5 0 0 . 0 0 0 g r«-<l U O a f
"

14
14
19
137
. . .

22

1807

Par
V a lue.

100
1,000

_____

100
1,000

37
18
32

1892

1878
1886
*12 1800
0 1801
71 1905
-10 1882
80 1901
80 1901
. - 1900
378 1003
37
1907
23 1801
1003
____
1881
1880
3.138 1889
3.138 1880
3,138 1889
i» 8 i
1005
— * 1006
.. .

1807
1899

615
880
880

1897
1807
1897

. . .
16

18«m

100

£ A $

1.000

1.000 Ac

1.000

1 .0 0 0

30 Ac
l ,000

1.000
1 000
1 .0 0 0
100
t .9 0 0

1 ,0 0 0

1 .0 0 0
1 .0 0 0

1.000
1.00*)

5,000

1,000
l .0 0 0
1 .0 0 0

£100 AO
$500

FO R

Y E A R

E N D IN G

JU N E

3U

|D is c o u n t o n g o ld n o t e s . ..

Betterments A improv'ts
O p , U e f, C o a h A P a c . R R .
M lse . h it. A o t h . c h a r g e s ..

$ 8 ,4 0 8 , 5 2 3
$ 1 ,1 1 8 , 1 7 3
1907.

$ 1 6 0 , ,1 2 5
4 ,3 2 7 , ,2 1 3
100 ,6 3 7
2 5 2 ,0 8 8
1 .3 1 5 , 4 2 9
5 ,0 4 8
3 6 , 001

M E X IC A N
I N T E R N A T I O N A L R R . — (S ee A t a p , page 0 0 . )
O p e ra te s
E a g le P a s s . T e x , ( o n S o u t h e r n P a c .) , a n d C i u d a d P O r fir lo D ia z , v ia T o r r e o n
o n M o x . G o u t . , t o D u r a n g o , 5 4 0 m . , w i t h b r a n c h e s , 121 m . ; R e a t a t o M o n t e
r e y , 7 2 i n .; b r a n c h t o T L ih it a lllO . 4 3 m .. b r a u e h , D u r a n g o t o T e i n i h l i a n c s ,
v ia S a n t ia g o P a p u u u l o r o . 133 m .; C a r b o n b r a n c h . I m .; t o t a l, » 1 8 m .
J u n e 3 0 I 0 o 7 . I n c l u d i n g C o a t u iH a C o a l R y , D a r o t e r a n t o M t i i q n i z . 21 m . .
le a s e d fo r 15 y e a r s fr o m M a y 1 1 9 0 6 .
V . 8 3 . p. 1 1 1 2 .
E x te n s io n o l D u r
a n g o t i r a u e h t o M t z n l l a t i , o n t h e c o a s t , Is p r o p o s e d .
O r g a n i z e d u n d e r la w s
o f C o n a c c tlc u i.
I n A p r i l 1 9 0 2 c o n t r o l o f t n e r o a d ( $ 1 5 ,7 8 6 ,1 0 0 o f t h e s t o c k a n d a ll o f t h e
1 4 .4 9 9 ,0 0 0
I n c o m e b o n d s ) w a s ta k e n o v e r b y th e N a tio n a l R R . o f M e x ic o
m
p er p la n . V . 7 3 , p . 7 8 4 .
S ec V . 70. p . 1102.
S T O C K . — A u t h o r i z e d $ 2 5 , 0 0 0 , 0 0 0 ; I s s u e d .J u l y 1 9 0 7 , $ 2 0 , 7 0 8 , 2 0 0 .
B O N D S .— In 1 89 7 r e o r g a n iz e d .
O f c o n s o l . 4 s $ 2 ,4 0 7 ,0 0 0 w e r e In J a n .
1 0 0 5 r e s e r v e d fo r e x t e n s io n s a t $ 1 0 ,0 0 0 p e r m ile a n d I m p r o v e m e n t s .
The
t o t a l I s s u e o f c o n s o l s Is l i m i t e d t o $ 1 6 , 0 0 0 , 0 0 0 .
T h e N a tio n a l R R . o f
M e x i c o u n d e r a g r e e m e n t o f J u n e 3 0 1 9 0 2 l i a s s t a m p e d $ 6 , 3 0 1 ,0 0 0 o f t h e
c o q s o is
a s g u a r a n t e e d , p r ln . a n d I n t .. th e s e h a v in g b e e n s u b je c t t o e n ll a t
9 5 a n d I n t. o n o r b e fo r e M c h , 1 *07.
V . 7 5 , n . 1 8 5 . O f th e c o n s o ls , $ 3 ,0 0 0 ,­
0 0 0 a re d e p o s it e d a s c o l la t e r a l f o r t h e N o t . H R . o f A le x . 5 % n o t e s . V . 7 7 .
p. 76o.
P r io r H on 1 !
s e c V . 6 5 , i>. 1 5 1 , 1 0 7 1 .
Consol. 4 a o r 1 8 0 7 l i s t e d
o n N . Y . S tock E x ch a n g e F eb . 1898.
S e e a p p l i c a t i o n In V . 6 0 , p . 3 4 1 .
D iv id e n d o n In c o m e s . 4 % . w a s p a id fo r 1 90 2 t o 1 9 0 7 I n c lu s iv e .
E A R N I N G S M a x . e u r . ) — J 1 1 )0 7 ............... G r o s s , $ .1 , 6 9 3 ,1 5 8 ; n e t , $ 1 . 0 0 3 . 3 8 3
J u l y 1 t o N o v . 3(1 ( 5 m o s . ) 1 1 9 0 6 . .
G ross,
3 ,2 2 8 .7 3 9 ; n e t ,
1 ,0 5 8 ,0 8 2
A N N U A L R E P O R T . — R e p o r t f o r y e a r e n d i n g J u n o 3 0 1 0 0 7 w a s In V . 8 3 .
p . 11 .1 9 . 1 H O ; s e e a l s o e d i t o r i a l , p . 1 1 1 6 .
A v e r a g e m ile a g e o p e r a t e d . 9 1 5
m i l e s , a g a i n s t 8 8 8 in 1 9 0 3 o ft .

T o ta lrcc’ ts
N e t rev.
( M e t .c u r .) ( M e x .c u r .)

N et res.
( U .S .c u r .)

o th e r
in c o m e ,

In t , on
B on d s,

B a la n ce,
S u r p lu s .

1 9 0 6 - 0 7 _____ $ 8 , 5 7 2 , 7 7 0 $ 2 , 8 1 7 , 7 0 7 $ 1 , 1 0 8 , 8 5 4 $ 1 2 , 9 1 1 $ 7 3 1 , 1 7 0 $ 6 0 0 , 2 9 5
1005 06
. 7 ,3 1 1 .2 1 2
.1 ,1 0 1 ,9 0 3
1 .3 3 2 ,4 5 2
3 1 ,7 1 9
7 3 1 .4 7 0
8 5 2 .7 0 1
P ro* . E . N . B ro w n .
N ew ’ Y o r k O f f i c e , 6 0 W a ll S t . — ( V 8 5 . p . 1 5 7 7 .)
M E X IC A N N A T IO N A L R R .— S e e N a tio n a l R R . o f M e x ic o .
M E X I C A N N O R T H E R N R Y .— O w n s fr o m E s c a lo n . M e x ic o , o n th e M e x i­
c a n C e n t r a l R y . . t o S ie r r a M o j a d a . 8 3 m il e s , a ll s t e e l .
S T O C K . — C a p i t a l s t o c k Is $ .1 , 0 0 0 ,0 0 0 ; p a r o f s h a r e s , $ 1 0 0 ; * c o a p p l i c a t i o n
f o r l i s t i n g o n N . Y . S t o c k E x c h a n g e In f u l l , V . 6 1 . p . 6 1 9 .
D I V I D E N D S . ) *92
*9 3
’04
*9 5
'9 9
’0 0
’01
’02
’03 N on e
P e r c e n t ...)
«V 4
6
4 y e a r ly .
3
4 t*
2
l > i S in c e .
B O N D S . — M t g c . $ 1 , 6 6 0 , 0 0 0 . o f w h i c h $ 7 8 0 , 0 0 0 In s . f . D e c . 3 1 1 0 0 0 .
R E P O R T .— F o r y e a r e n d in g D e c . $ 1 . U . S . c u r r e n c y :
Y ea r—
C ross.
N et.
o th . I n c .
C harges.
S u r p lu s.
1 0 0 6 .....................$ 3 2 8 . 8 1 ft
$ 2 1 0 ,5 0 5
$ 4 6 ,5 0 3
$ 1 1 6 ,0 4 0
$ 1 1 0 ,9 6 8
1005
352 799
2 3 0 .7 1 2
4 2 ,7 0 5
1 1 9 ,5 1 6
1 5 3 .0 0 1
— (V . 7 2. p . 5 11 . m u *
V . 7-1, p . 1 0 6 0 ; V . 7 7 . p . 2 0 0 8 ; V . 8 3 , p . I J 4 4 . )
M E X IC A N R Y .— S e e p a g e 1 7 8 .
M E X I C A N S O U T H E R N R V .— S e e I s s u e f o r O c t 1 0 0 7 .
M I C H I G A N C E N T R A L R R . — (S ee M a p s N e w York Central A H u dson
H i r e r . ) — L I N E O F R O A D . — M a in lin e — K e n s i n g t o n t o D e t r o i t , 2 7 0 m , ,
a n d W in d s o r t o S u s p e n s io n B r id g e (C a n a d a S o u t h e r n ) , 2 2 6 m ,; t o t a l m a in
l i n o 4 9 6 m ile s .
B r a n c h e s o w n e d a n d l e a s e d . 1 ,2 3 5 m . ; t r a c k a g e ( i l l . C e n t . )
I n t o C h i c a g o u n d e r p e r p e t u a l l e a s e , 1 4 m . ; t o t a l , J a n . I 1 9 0 7 . 1 ,7 4 3 m i l e s .
T h e r e a r e 3 1 2 m . o f s e c o n d t r a c k a m i 1 ,2 1 0 m . o f s i d e t r a c k s .
O w n s $ 3 ,0 0 0 ,0 0 0 o f t h o $ 2 0 ,0 0 0 ,0 0 0 s t o c k o f C h ic a g o I n d ia n a A S o u t h ­
e r n . w h ic h s e e .
In D e o . 190 7 th e C h ic a g o K a la m a z o o A S a g in a w R y .
P a v i l i o n t o W o o d b u r y . M i c h . . 5 5 m i l e s , w a s a c q u i r e d In t h o I n t e r e s t o f t h e
c o m p a n y , b u t w ill b o o p e r a t e d I n d e p e n d e n t l y .
V. 84, p. 00.
I n A u g . 10117




R ate

IVtom

%

Payable.

Where P a y a b le , and by
W h om .

R on ds — P rinci*
pal. W h en D u e
Stock »— Last
D iv id en d .

A
J T r e a s u r e r ’ s O f f i c e , P o r t I 'd J a n
1 9 0 8 2 44 %
A S 2d N a t B k , H ost A P o rt S e p t 1 1017
A
N O ffic e . R o c k la n d
M o.
N ov 1007 2 K %
2,500.000
A
J
T r e a s O ffic e , P o r t la n d .M e
Jan
5
J
A I > '2 d N a t DU. Bos; A Port J u n e
1 1911
1,500,000
10
M A N
M a n ch ester a n d B o s to n
N o v 1 1 99 7 b %
1.000.000
274.000
A
J
& J B o s to n A M e R I I . B o s to n J a n
l 1922
60,000.000
7
Q— J
21 P a r k H o w , N e w Y o r k J a n 2 ’ 0 8 l
%
10.818.000
6 g
J
A
J M e r c a n t ile T r u s t C o , N Y J u ly
1 1008
1,000,000
3
M
A
S'
do
do
M ar
1 1016
28,065,000
4 g
A
A
O
do
do
A p ril 1 1990
500.000
5
A
A
O S ee te x t.
O ct
1 1009
2 0 0 0 .0 0 0
3 g
F
A
A T r e a s u r e r ’ s O ffic e . P h lla F e b
1 1955
202,450
5
M
A
S F ir s t N a t B k . Y o r k , P a . A p r i l 1 1 0 3 2
897.000
4 g
M
A S
B r o w n B r o s , N Y ; A B a lt M a r
1 1931
900 000 4 In 1 9 0 7 A A O
do
do
A p r il I 1051
200.000
3 g
M
A
N A l e x B r o w n A S o u s , B a lt M a y
l 1036
1 2 .0 0 0 .0 0 0
4 g
J
A
I ) B la ir A C o . N e w Y o r k
June
l 1933
800.000
6
F
A
A S
D A T r C o . B o s to n F e b 1 1008 3 %
S e c tex t
•}
...
- ..................
-.
1937
200.000
5
J
A
J M ern h N a t B k . M e a d v .P a J u ly
1 1021
250,()()()
1 g M
A
N S ta n d a rd T r . C o .. N Y
M nv
1 1935
265.062
4
j
A
J S a fe D e o A T r C o .B o s t o n J u ly
1 to il
3,486.000
g
J
A
J
do
do
J u ly
1 1039
66,860.000
4 g
J
A
J S a fe D e p A T r C o , B o s to n J u ly
1 1911
20.560.700
3 g
J u ly in
N o n e p a id .
J a n 1 0 ll> 3 0
11.282.000
3
.....................
do
J a n 10 1939
327.200
3
J u ly 1
do
J u ly 1 1011
1,226,105
5 g
J
A J C o . 's O f f ,2 6 B r o a d S t . N Y S e n t 1 1 9 0 8
2 8 , 8 1 ft ,0 2 0
3 8
J
a
J ........................................... ............... J u l y
1 1010

2 0 0 .0 0 0

4.410.312
500.000
nuo.ooo

r..850,000
705,500
6.501.000
4 .4 9 9 0 0 0

T o t a l a v a i l a b l e ..................... $ 6 , 1 0 2 , 1 3 0
T o t a l d e d u c t i o n s ................$ 6 , 1 0 0 , 3 3 3
B a lm ie r , d e fic it fo r y e a r .
$ 6 ,0 0 3
C h a ir m a n o r H o a r d , I f , C l a y P ie r c e ; P i e s ,. S . M . F e lt o n .
E x e c u t i v e C o m m i t t e e : n . O la y P ie r c e (C h n tr. o f H o a r d ), S . M . F e lt o n .
E l ie n R i c h a r d s , W . H . D u d l e y . II. W , P a l m e r , F . I I . P r i n c e , C , I ) . S i m p s o n .
O ffic e , 25 iiio n ! s t ., N ew Y o r k .
( V . 8 0 , t*. 1 0 8 0 , 1 3 ,1 0 , 1 4 0 2 . )

F isc a l
Y ea r—

$122,000
175,000

h$34 0.000

________

U . S . C u rren cy.

N e t earnings..................-.$4,604,4801
D ed u ct —
Interest on Tnmptoo Hnr[Tamp.linrb.Co.rent.ncc't
borCo. bonds................
137,0751 Interest on bonds............ .
Withdrawn from sub. fund 1,450,000) Acctn., Ac., charged off.

Ac

500 Ac

EARNINGS.

N e t e a r n in g s (M e x ic a n c u r r e n c y ) . . $ 0 ,1 6 6 ,0 1 7
$ 8 ,5 6 6 ,1 6 1
N e t e a r n i n g s ( U S , c u r r e n c y ) ............ $ 4 , 6 0 4 , 4 5 6
$ 4 ,2 8 7 ,8 6 2

Ac

1.000
1.000

MEXICAN CENTRAL RY. (Concluded) —

ACCOU N T

Am ount
Outstanding

$100

In J u n e 1 0 0 6 $ 3 3 ,0 0 0 ,0 0 0 o r 5 % c o l l, t r u s t n o te s w e r e s o ld
m a tu r in g
J u l y 1 0 1 0 , p a r t o f a n I s s u e o f $ 3 5 0 0 0 0 0 0 . t o b e u s e d In p a r t t o r e f u n d th e
$ 2 0 , 0 0 0 , 0 0 0 c o l l , t r u s t I s s u e s m a t u r i n g In 1 0 0 7 a n d 1 0 0 8 .
T h e p r e s e n t Issu e
w i l l b e s e c u r e d b y d e p o s i t o f $ 1 , 2 0 0 , 0 0 0 p r i o r i t y O s , I & .0 0 0 .Q O O M e g , P a c .
1 st g u a r . 5 s . $ 2 ,5 0 0 ,0 0 0 T a m p ic o H a r b o r 1 st g u a r . 5 s . $ 4 1 ,0 0 0 ,0 0 0 c o n s o l
4 aa n < l $ 5 ,0 0 0 ,0 0 0 1st c o n s o l. In c o m e s ,
T h e c o l l , t r u s t I s s u e s , e a c h 3 1 0 ,0 0 0 ,•
0 0 0 m a t u r i n g 1 0 0 7 a n i l lOOK, h a d t h e r i g h t o f e x c h a n g e o n c e r t a i n t e r m s .
V. 82. p
1 4 1 )7 ; V . 8 3 . p . 1 5 0 ,
— M e z * c u r ../1007
G r o s s , $ 1 2 ,2 3 8 ,0 4 7 ; n e t . # 3 .3 8 8 ,0 1 3
J u l y 1 t o O c t , 3 1 H m o n t h s ) . |1 0 0 8
..G r o s s ,
0 ,1 5 0 ,0 0 7 ; n e t ,
2 , 2 0 ).6 6 0
A N N U A L R E P O R T . — F is c a l y e a r e n d s J u n e 3 0 .
R e p o r t fo r y e a r e n d in g
J u n e $ 0 lr t i)7 w a s In V . 8 5 , p . 1 0 8 0 ,
T h e irrosss e a r n i n g s b e l o w a r e M e x ic a n
cu rren cy: a l l o t h e r f i g u r e s U n ited S ta tes cu rren cy.
M e x ic a n d o lla r s a v e r a g e d
GO. 1 1 . ku y e a r e n d i n g J u n e SO 1 0 0 7 , 0 0 . 0 5 c . f o r f i s c a l y e a r $ 0 0 5 0 8 a n d
4 8 . 4 1 In 1 0 0 1 - 0 5 .
- Y ea rs e n d l no J u n e 3 0 ------------------1 1 )0 6 -0 7 .
1 0 0 5 -0 0 .
1 0 0 4 -0 5 .
G r o s s e a r n i n g s ( M e x i c a n c u r r e n c y ) . - . $ 3 1 . 2 3 6 . 1 0 5 $ 2 8 , 3 7 6 , 8 0 6 $ 2 0 , 0 0 7 ,6 0 9
O p e r a t i n g e x p e n s e s ......................................... ... 2 2 , 0 7 0 , 1 7 8
1 9 ,8 1 0 ,6 4 5
1 7 ,5 0 9 .1 7 6

IN C O M E

IN T E R E S T OH D I V ID E N D S .

Sice, or

. . . .

1004
1007

|V'OL. LXXXVI.

5

4

4 44
344

5
ft
4
4
4

J
M
M
g J

g
A
A
O o ld C o ff r C V . B o s tA L on
g
A
A
O
do
do
44 g M A
S S p ey er B ros. L ou d on
g
M
A
S S peyer A C o. N ew Y ork
g
M
A S
do
do
In 1 9 9 7
Sept
I O w ned by N nt R R o f M x
6 s
f a
A M orto n T ru st C o . N Y

A V r il
O ct
Sept
Sept
Sept
Sept
Aug

11917*
1 1910
1 1947
t 1977
t 1977
1 1977
11 9 1 9

th e D e t r o it A C h a r lo v o lx R R . , F r e d e r ic k t o S o u t h A r m , 4 4 m ile s , w ith
b r a n c h t o B lu e L a k e , 8 m ile s , w a s p u r c h a s e d
V . 8 5 , p. 2 2 1 .
F or con tta ct
w it h C a n a d a S o u l h ern se e th a t c o m p a n y .
In J u ly 1 9 0 6 t n e M ich ig a n C e n tr a l w a s b u ild in g a th ir d -r a il e le c t r ic t u n n e l
r o a d u n d e r t h e D e t r o i t R i v e r f r o m W i n d s o r O n t . , t o D e t r o i t , M i c h ., 2 .4 2 m .
l o n g , u n d e r t h e c h a r t e r o f t h e D e t r o i t R i v e r T u n n e l C o . , w h i c h Is l e a s e d f o r
0 9 9 y e a r s fr o m J a n . 1 1907.
S ee B O N D S b e lo w .
V . 89, p. 2343; V . 82.
p . 1 1 5 ft : V . 8 4 . p . 3 3 9 . 1 0 3 2 .
O R G A N I Z A T I O N , C O N T R O L .— fie -I n c o r p o r a t e d
u n d e r gen era *
la w
In D e c . 1 0 0 1 , \ . 7 3 . p . 1 2 9 8 .
T h e N . Y . C . A I I . R . R R . C o . In A p r i l 1 8 9 8
a v « $ 1 1 3 I n I t s 3 44 % l o o - y e a r g o l d b o n d s f o r $ 1 0 0 s t o c k , a n d n o h o l d s
1 6 .8 1 1 .3 0 0 o f t h o $ 1 8 ,7 3 8 ,0 0 0 s t o c k Is s u e d .

?

H V S / ’ a ft. '8 1 '8 5 * 8 6 .
* 8 7 -’ 8 9 .
‘ 0 9 . ( » 1. ’ 0 2 - 0 4 .
’ O ftto 'O ft. ’ 9 7 .
1908.
•o
3
.*
n il
1 v rly .
5
5 ', y r ly .
4 y rlv . 6
J a n ., 5
In lw n r .
A . ) . ) ; In .f a n t DOM. .1 % a m i 2
ex tra .
B O N U S . — Buttle Cri ck A Sturgis b o n d s f o r $ 3 0 0 , 0 0 0 , b u t o f t h i s $ 7 9 , 0 0 0
w a s s u b -g u a r a n t e e d b y th e L a k e S h o r e A M ic h . S o . . 7 m ile s o f th e B . O . A S .
b e in g o p e r a te d b v th a t c o m p a n y .
T h e $ 1 ,7 4 0 ,0 0 0 3 44s o f 1 90 1 a r e a 1 st
m t g c . o n t h e J a c k s o n L a n s in g A S a g in a w H R ., 3 5 0 m ile s ( V . 7 3 . p . 1 06 1 :
V . 7 6 . p . 1 0 2 7 ).
O f th e $ 1 8 ,0 0 0 ,0 0 0 3 U s o f 1 9 0 2 , $ 1 9 ,0 0 0 ,0 0 0 w e r e s o ld
t o r e t i r e f i r s t 5 s fi n d 7 s , $ 4 , 0 0 0 , 0 0 9 a d d i t i o n a l b e i n g s o l d ; $ 5 , 0 0 0 , 0 0 0 r e ­
s e r v e d fo r a d d itio n * . A c .
V . 7 4 . p . 7 2 8 ; V . 7 6 , p . 102, V . 33
p . 1229.
I n J u n e 1 9 0 7 $ 1 ,5 0 0 ,0 0 0 fir s t 4 s o n J o l i e t A N o r t h e r n I n d ia n a ( a u t h o r ­
iz e d Issu e $ 3 ,0 0 0 ,0 0 0 ) w e re s o ld .
V . 8 1 . p . 1367, 1428.
T oled o C anada Southern A D etroit g u a r . I s o f 1 9 0 6 , s e e V . 8 2 , p . 9 3 0 ; f o r m
Of g u a ra n ty , V 8 3. p . 400.
T h e D e t r o it R iv e r T u n n e l b o n d s , a u t h o r iz e d Issu e $ 1 5 ,0 0 0 ,0 0 0 (s e e a b o v e )
h e a r in g I n t e r e s t a t n o t e x c e e d in g 5 % , w ill b e g u a r a n t e e d b y t h e M ic h . C e n t

V. 82, p. 868 1136.

J o in t l y W ith f o u r o t h e r r o a d s , c o v e n a n t s t o n a y N e w Y o r k C e n t r a l L in e s
J o i n ! $ .1 1 1 ,0 0 0 ,0 0 0 A % c a r t r u s t s o f 1 9 0 7 .
V . 8 5 . p , 1402; V . 8 6 . p . 168.
G E N E R A L F I N A N C E S . — I n J a n . 1 9 0 7 d i v i d e n d r a t e WOO r a i s e d f r o m
1 % t o 6 "I, y e a r l y a n d In J a n . 1 9 0 8 2 “ ;, e x t r a w a s p a i d .
V. 85. p. 1577.
h i J a n . 1 00 7 $ 1 0 ,0 0 0 ,0 0 0 3 -y e a r 5 % n o t e s w e r e s o ld .
V . 8 4, p. 271.
E A R N I N G S . — - F o r 1 2 m o n t h s e n d i n g D e c . 3 1 ( p a r t l y e s t i m a t e d In 1 9 0 7 ) ;
12 M o sC ross
N e t,
o th In c.
C harges.
D iv id en d s, B a t ., S u r .
1 9 0 7 ..$ 2 8 .5 8 6 . t o o $ 5 ,4 3 1 ,3 0 0 $ 3 3 8 ,2 0 0 $ 1 ,3 5 1 ,2 0 0 (8 ) $ 1 .4 9 9 ,0 0 0 $ 1 1 0 ,3 0 0
1 0 0 6 ..
2 6 .2 7 5 .3 8 8
4 ,5 4 5 ,2 2 7
4 0 2 ,0 0 4
3 ,0 5 9 .4 0 3 (5 )
9 3 6 .9 0 0
3 0 ,0 2 8 A N N U A L R E P O R T . — R e p o r t fo r 1 9 0 6 w a s In V . 8 1 , p . 3 6 4 , 8 7 4 .
A p­
p r o x i m a t e s t a t e m e n t f o r 1 0 0 7 w a s In V . 8 5 . p . 1 0 7 4 .
Y ea r end in g P e c . 3 1 —
1907.
in o ft.
1005.
1904.
G r o w e a r n i n g s ..................> $ 2 8 , 3 8 6 , 4 0 0 $ 2 6 , 2 7 5 , 5 8 8 $ 2 3 , 2 8 3 , 8 6 8 $ 2 1 , 4 9 2 , 9 1 3
O p e r a t i n g e x p e n s e s ----- 2 3 . 1 5 5 . 1 0 0
2 1 .7 3 0 .2 0 4
1 8 .8 6 3 .9 1 0
1 7 ,0 4 1 .0 1 4
N e t e a r n i n g s .................... $ 5 , 1 3 1 , 3 0 0
$ 1 , 5 1 5 ,3 2 1
$ 1 ,4 1 7 ,9 5 2
N e t , l o c i , o t h e r I n c o m e . $ 5 , 9 6 9 ,5 0 0
$ 1 ,9 4 7 ,3 2 8
$ 4 , 7 3 . 1 ,7 6 4
R c n i a t s p a i d ............ .. .........
5 6 6 ,3 1 0
5 6 1 ,2 0 2
In terest o n d e b t .. . . . . .
7 .0 7 3 .8 3 0
2 ,0 1 5 ,3 2 0
4 ,3 5 1 .2 0 0
T a x e s .........................................
1 . 0 0 1 . 7 11
9 6 2 ,0 0 2
I n t e r e s t o n l o a n s . A c ____
3 1 7 .3 9 9
D i v i d e n d s ..............................( 8 ) 1 . 4 9 9 . 0 0 0
(4 )7 4 9 ,5 0 0
(5 )9 3 6 .9 0 0
$ 3 0 ,0 2 8
S u r n lu s .
....
* 1 1 9 .3 0 0
$ 2 2 3 ,9 3 4
P r e s ,. W m , It. N e w m a n , N . Y . — *V . 8 5 , p . IS 7 X , 1577
V.

1 4 ,4 3 1 .9 3 0
$ 1 ,5 1 5 ,1 0 1
5 4 1 ,3 1 0
1 .9 8 9 ,0 6 3
1 .1 1 1 ,0 5 3 (4 )7 4 9 ,5 2 0
$ t 2 3 ,2 5 f t .

8 0 . p, 108.)

M I D D L E T O W N U N I O N V I L L E A W A T E R G A P R R . — (See M a p E r i e
Tin. C o .) — O w n s from M i d d l e t o w n , N . Y . , t o U n l o u v l l l c , N . Y . . 1 3 . 6 5 m l l C f .
S t o c k , $ 1 4 0 ,8 3 0 ; p a r . $ 5 0 .
C o n t r o lle d ,t h r o u g h s t o c k , b y N . Y . S o u q , A
W e s t ., w h ic h p a y s I n t . o n b o n d s .
In y e a r e n d in g J u n e 3 0 1 0 0 7 , g r o s s . $ 7 3 ,­
6 4 0 ; n e t , $ 2 0 .6 4 - 1 ; c h a r g e s . 1 2 2 , 4 4 0 ; s u r . . $ 4 . 2 0 3 . — ( V . 6 4 . p . 0 0 4 . )
M I D L A N D V A L L E Y R R .— O w n s a n d o p e r a t e s fr o m
E x c e ls io r , A r k ,,
s o u t h t o H o y e , A r k ., a n d n o r t h t o F id e lit y . A r k .; a ls o fr o m E x c e ls io r w en t
t o S ll v c r d n lo , K a n ., a n d fr o m J r n k s . O . T . , t o G le n n P o o l . O . T . a t o t a l o f
2 9 9 .3
m ile s ; a ls o o p e r a t e s u n d e r t r a c k a g e fr o m M a n e y J e t ., A r k ., t o F t.
S m i t h .16 m ., a n d b ll v c r d a l c t o A r k n n x n * C l t y .,K n n ., 9 m ile s ; t o t a l o p e r a t e d ,
3 2 4 m ile s .
S e e V . 7 8 , p . 70 2 . 1 1 0 9 ; V . 8 0 , p . 2 3 1 5.
T h e C h e r o k e e C o n s t r u c t io n C o . . w ith $ 3 ,5 0 0 ,0 0 9 s t o c k , w h ic h o w n s lu a r ly
n i l t h e s t o c k o f t h e r . d l r o 'i d c o m p a n y . In D e c , 1 9 0 7 s o l d t h e l a t t e r ’ s h o o d s ,
n il o f w h ic h w e n : h e l d b y It.
V . 8 3 . p. 1 4 6 2 ; V . 8 1 , p . 1 6 1 0 .
T h e t o n m ig o
f r o m 3 0 ,0 0 0 a d d i t i o n a l a c r e * i s c o n t r o l l e d
S t o c k a u t h o r iz e d . $ 0 ,0 0 0 ,0 0 0 ; o u t s t a n d in g O c t . 1 0 0 7 , $ 8 ,9 8 0 ,0 0 0 ; p a r
o f sh a res. $30.
B o n d s a r e s u b je c t t o c a ll a t I 0 7 M t o a n d I n c lu d in g J a n . 1
1010.
F o r y e a r e n d in g J u n e 3 0 1 9 0 7 (3 1 8 a v e r a g e m il e s ), g r o s s . $ 9 6 1 ,2 7 2 ;
n e t , $ 2 4 3 ,7 3 5 .
P r e s .. C h a r le s E . I n g e n o l l : S e e . a n d T r o o n ., H , E . Y a r n a ll.
O f f i c e . G ir a r d T r u s t B l d g .. P h i l a d e lp h ia .— ( V . 8 5 , p . 1 4 6 2 .)
M I L L C R E E K A M I N E I f l L I . N A V I G A T I O N A R R . — M i ll O fC C k J e t . t o
B r o a d M t n . , P a . . 6 . 3 m . ; b r a n c h , 3 . 8 m . ; 2 d t r a c k . 3 . 8 r n .; t o t a l t r a c k . 3 4 .
m ile s .
L e a s e d In 1 8 6 1 f o r 9 0 9 y e a r s t o P h l l a . A R e a d i n g R R . ! t r a i n a s ­
s u m e d In 1 8 9 6 b y P h l l a . A R e a d i n g Railw ay, r e n t a l . $ 3 3 , 0 0 0 a n d t a x e s .
M I L L E N A S O U T H W G S l l : R N R Y . — O w n <1 M l l l o n , O n . , t o V l d n l l n , ft.i
m ile s .
In A u g
1 9 0 7 c o n s o lid a t e d w ith th e n e w G e o r g ia A F lo r id a I t y . ,
w h ic h s e e .
V' 8 2 , p . 7 5 1 . 1 2 1 2 :V . 8 3 , p . 3 4 ft,
A s t o tIn t f i r s t 5 s . w e V . 8 0 , p . i t 3 1
T h e n * w e r e a l s o $ 8 .1 ,0 0 0 6 % I n c o m e
d e b e n t u r e s ( $ 1 ,0 0 0 e a c h ) . d a t e d S e p t
14 1 0 0 5 , d u e I l l l f t .
In y e a r e n d i n g
J u n e 3 0 1 0 0 6 . g r o s s , $ 8 8 ,3 1 9 ; n e t . $ 2 f t ,o f t i.
H ie s ., J o h n S k e l t o n W i ll ia m s ,
R i c h m o n d . V a — ( V . 8 3 . n . 3 4 6 .)
M IN E H I L L A S C H U Y L K I L L H A V E N R R . - F r o m S c h u y lk ill U a v e r i t o
A s h l a n d i n d E n t e r p r i s e J e t . 1 2 m . ; 2 d t r a c k , 2 1 . 0 . i n i . ; t o t a l t r a c k , 1 8 f t . 11
m ile s .
I n 1 8 9 7 r e n t a l r e d u c e d t o 6 % o n s t o c k u n d e r n e w le a s e f o r 0 0 9
y e a r s fr o m J a n . 1 1 8 9 7 t o P h lla . A R e a d . R y . C o .
D iv id e n d s p a id s t o c k ­
h o ld e rs a re 2 W
In J a n . a n d 3 % I n J u l y , u % b e i n g d e d u c t e d f o r t a x e s . —
( V . 6 3 . p . 1 0 1 1 .)
M I N E R A L B E L T R Y . — V . 8 .1 , p . 1 2 2 9 .
M I N E R A L R A N G E R R . - H o u g h t o n , M i c h ., t o C a l u m e t . M i c h ,, 14 m .l
H a n c o c k t o M o h a w k . 21 m .; b r a n c h e s . 3 0 in .. S o u t h R a n g e e x t e n s io n ,K e ­
w e e n a w B a v t o M ic h ig a n M in e . 3 9 in ., o p e n e d D e c . 3 4 1 0 0 0 ; t r a c k a g e , 3 in .;
M o h a w k R R . o p e r a t e s 1 7 m .r t o t a l . ! 2 f t m i l e s , a l l s t a n d a r d g a u g e .
On
J u n e 1 1001 th e H a n c o c k A C a lu m e t R R . w a s m e r g e d ( V . 7 3 , p . 7 8 3 ).
In
y e a r 1 8 9 3 p a i d d i v i d e n d s 1 0 R % : I n 1 5 0 ft . 7 % ; 1 8 0 7 , 7 % ; 1 8 0 8 . 3 U % :
n o n e s in c e
A u t b . M o c k , $ 1 , 2 0 0 , 0 0 0 ; o u t s t a n d i n g , $ 1 , 0 8 5 , 0 0 0 ; p n r . $ 1 (J 0 .
B O N D S — C o n s o l s f o r $ 7 , 0 0 0 a r c r e s e r v e d f o r I f t . i o o j o l d f b o n d s . •O f « t h ©

1 193

M
^

>P ark C
iK n p u la

■

Ellcndalc

E l b o w 3'
X ftF

E u reka i

M

n

’i V a l l c j J '

y ’\
V

^ uMBiTHuI-

S a u k lV ir

MOO*
$ $ m \ t L oci
H l n c k l e T /^

^ffront^buni

WIIacI

it ^ T c r - r, f . U
)t»N w . .
^

?I' •i i.

RAILROAD

M/>Sooner
'/ \
» .v

/
H .

p

.

A

T O

E

&

CONNECTIONS.

I * r v n t lfc \ B . * j

Cltrlwjvi

!

J^einb i

i> lo n v u Jc.

W u lis a l

K U i id

A b t> 0 l« fo n P

RAILWAY STOCKS AND DONDS.

F

M I N N E A P O L I S & S T . L O U IS
M n ^ D

Y ltn to u

V
Vrient \V°
J*PnwloiX |
\

/\

K lk t o i i'

(O Im

i

IL li};! >lpl
fth flild

Ki U

—
T n t)

IUm i .
i . u u .i

r

J t U O tW o l

j

ip

CtlumlM l luilf.-JL:

ic a

Ii

.__ WlnonA^v-

^ ip iJ r o n ,
W lm u «

lir v e n

OadlUnt

d.tiikwvi-oe

wooJM -iu’V

niit.iivAt a

M adL-m n

C m iltn lln

tfn U u lia

l A C r v ir n l

R V N e i^ V

.ffvC.Mcifvin'
Vlro»|im

tufCalo G »i>
A rm our,

fg tlijo n t

W tlD i

,r k > ih > ^ \ f* * r k < « r

tr**tUJ

^L-1L_J
In H M

m

liumunic wqelrr
M o O iu r u '
r a p t^ n ’j

>loi»

-lk b o ;
'
Ian or !
'R a ck fo rt'
>

A b b o tt |

Randolph'

f t C*l > |

o * X fiiT

■^V O cnoa

Oakdale'
B rew ster i

W ayne'

>■ "■
|c:« troll

Erlcren \
\ Albion]

•owtotr

C V l»r Raw'Ll*

Tama
NVabun;

Rlmt.*

-U fln ni-ll

/

»

. 11

f

S^MotiO-z uiris

CUtJ»'»a ■

s !.o i^ 0°;

1

;
s-

----------------------

^BciDl'oCort
Kendall

Joliet*-

Lock Island^]

^lvmouth

J * » u | »C y !

[Cooacll Bin!

\

‘
A
^^fCUaritoa A
—

Gland M<7iTt
K en r r n - j r ^ ? ^ '

Jult*>bun;

lo r llo g to n

Stcrlliu
jGreclcy
LinsaTTe e x t .

Holdrvyv
il>\icaU

C u IU m oi

y ^ ^ ^ ' nA rc
^upcrm rTX »T

N o r to n f

, a Kayot tC]

* \Lii»'vra^\\X^
S.jUbWTP i i .

Crowful
PIELD.
V

r iu tc \

/

V

ANAFOLj

an Sa

Ni"'

;^C^^GreeiM3udlj>»

[A io lils o ^

Sto-ktoa

KOCK

L lm o r j^

Il* r r e K a a t * - ^ ^ ^

t i /.t a u & r i
'M ^ jT r ln n i

LColombji

C o lo r a d o

Spre.

, i ] iU jj
.la w t* •

Pueblo




J ftm o u *

irffxHrl

!u!thln«
v jvi r i/i

[Sc-lxii*

**+ / !

MoPlimnoii
La Junta
ATCh.

'v\!>

tntCkm

th »b toy

'•tnk'fol

‘•orttoNbirc.

l M l e \ Illy

Jann^j,

•• 1008.]

O

y

PACIFIC

r iE R R B

A P

T w o II

I J .U T H

*i»m tkllii
o m lt h b o r ^
?^on n T '

Jctitralia

\

Co! urnbun |

RAILWAY STOCKS AND BONDS,

0 0

IN T E R E S T OR D IV ID E N D S .

R A IL R O A D S .
F o r explanation o f colu m n headings, A c . , see notes
o n first page o f tables.

At lies Date
of
or
Iload. Bonds.

Mexican National— See National HR of Mexico.
83 1890
Mex Nor— lfit M U S *old n t not called____ Mo.c*Ar
Mexican Railway LI mi led— Ordinary shares------------First preference mode a % ...........................— .......... - Second preference stock 0 % . . . . . . . . . . . . . ------ . . . .
Perpetual 6% debenture stock.... ..................................
321
Mexican So Ry Ltd— Ordinary shares £1.000.000-----Second M *i % deb stock £000,000 red at par 00 years
228 1896
Mlchixan Central— Stock............................... - ...................
First mortgage $18,000,000 gold....................G.c*Ar
270 1002
M O Michigan Air Lino Drat mortgage------ Un.cAr
lift 1890
M C 1st M on Dot A Day City ($4,000,000). . . Un.c
152 I 8 8 t
do
do
bonds without coupons____
lft2 1881
M C first mortgage on Grand River Valley R R . Un.c
8 J '79 •'86
M C first mortgage on Kalamazoo A S H aven.. Un.r
39 1889
M C 1st M Term V 80, p 108) ................................ cAr
1800
Mich Cent 1st M on Jack Lane A Saginaw gold.c*&r
3.10 1001
M C 1st M on Jot A Nor Ind $3,000,000 gold..............
43 1007
Car trusts (reg part ctfs) guar Amer C A F ..S S t
1904
Notes $10,000,000 g o ld ........................................ cAr
1007
Jack Lana A Sag stock
% yearly guar by e n d ..
Grand River Valley stock rental In perpetuity— . .
84
Bay City A Battle Cr 1st M g guar p A I cnd__Mp.o*
18 i 889
Battle Or A Sturgis 1st M g guar p A I cmL.M p.c*
41 1880
TolCanSoADetlstM >4,000,000 ggu pAl(cnd) Qc*Ar
59 1900
Detroit River Tunnel 1st M $10,000,000 guar------ fl
1906
Middletown Union A Water Gap— 1st M ext in '8 8 ..c*
13 I860
Second mortgage Int guar ext In 1806 (see text). .c*
1871
Mid Val— 1st M $20,000 p m gold red (te x t).. UP.o'
29.1 1904
Mill Creek A Mine Mill Navigation A RR— Stock____
Mlllen A Southwestern— See Georgia A Florida.
Milwaukee Lake Shore A Western—See Chicago A N o r t h W e s t c
Milwaukee 5c Lake Winnebago— See Wisconsin Central
Milwaukee 5c Northern— See Chicago Milwaukee A St P a u l
42
Mine Hill A Schuylkill Haven— Stock (0 % rental)____
Mineral Range— Cons mortgage (text) goldred at 105.o
06 1891
General mortgage Interest guar by Canadian Pac. .F
66 1001
Hancock A Cal cons M gold red at 105 assumed.,
20 1891
a Exclusive of $816,000 held by sinking fund, h >1 0.000 a d d l t l o

Sire, o r
Par
Value.

100
1,000 Ac
1.000 AC
l .000
1.000 AC
l ,000
1,000 Ac
1.000 AC
1.000
i.ddo &c
100
100
1,000
1.000
1.000 Ac
100 Ac
300 Ac
1,000
23

60
600 Ac
100.000

1.0 0 0

1000

After

5 %

D IV S . 1 ' 0 7 . ’ 9 8 . ' 9 0 , ' 0 0 . * 0 1 . ' 0 2 . ’ 0 3 . ' 0 4 , *05 t o ' 0 7 .
1008.
3 H 4
5
:•
6
ft
3
5 y e a rly . J a n .,2 > *
P r e f e r r e d _____ 3
Com m on. . . . . % ) — N one\H
1
ft
3
2
0
.
............
B O N D S . A o . — B o n d s is s u e d u n d e r t h e m t g o . d u e J u n o 1 9 2 7 n u m b e r e d
fro m
t o M 0 0 , f o r $ 5 0 0 c a c t i, a d d i t i o n a l t o t h o s e a b o v e w e r e a s s u m e d
b y B u r l . C e d a r R a p . A N o r t h , ( n o w C h . R o c k I A P a c .) .
A s t o first c o n s o l, m t g e . . s e c a b s t r a c t V . 5 0 . p . 1 1 4 3 .
T h e r e fu n d in g
m t g e . o f 1 8 9 0 li m i t s t h e first c o n s o ls t o $ 5 , 1 5 5 , 0 0 0 ,
F ir s t r e f u n d in g m t g o . o f 1 8 0 0 is fo r $ 2 8 , 0 0 0 , 0 0 0 . o f w h ic h 1 0 , 8 6 2 , 0 0 0 r e ­
s e r v e d t o r e t ir e u n d e r ly i n g b o n d s a n d $ 4 , 0 2 4 , 1 0 0 f o r f u t u r e e x t e n s i o n s , i m ­
p r o v e m e n t s . A c . , u n d e r s e v e r e r e s t r ic t io n s .
T h e m t g e . Is a first lien o n 2 8 3
m il e s o f r o a d , A c . , a n d a b l a n k e t lie n o n r e st o f p r o p e r t y , a n d Is fu r t h e r s e ­
c u r e d b y d e p o s it o f $ 2 , 6 3 0 , 0 0 0 D e s M o in e s A F t . D o d g e c o n i , s t o c k .
V. 68,
p . 1 8 7 , 3 3 2 ; V. 7 0 . p . 2 1 4 7 ; V .
, p. 2220.
S e e a p p lic a tio n t o lis t, V . 0 0 .
p. 32.
T h e $ 3 , 0 0 0 , 0 0 0 6 % n o t e s o f l o o f t . t h e p r o c e e d s o f w h ic h w e r e u s e d fo r
t h e c o n s t r u c t i o n o f a b o u t 2 3 0 m i l e s o f r o a d fr o m W a t e r t o w n . S , D . f w e s t e r l y .
T h e y a r e s e c u r e d b y t h e $ 6 , 2 5 0 , 0 0 0 M i n n . D a k o t a A P a c ific 1st g o ld la
a n d t h e l a t t e r 's e n t ir e s t o c k .
V . 8 2 , p. 3 0 2 . 6 9 2 , 1 1 0 2 ; V . 8 3 . p . 3 8 , i l l i .
T h e $ 3 , 0 7 2 , 0 0 0 D e s M o in e s A F t . D o d g e 4 %
b o n d s d a te d J a a . 1 1905
a r e g u a r a n t e e d , p r in c ip a l a n d In t e r e s t .
V . 7 0 . p. 1704, 2606.
E A R N IN G S ,
ft m o s . , \ 1 0 0 7 ..................G r o s s , $ 1 , 8 5 5 , 0 9 1 ;
n e t , $ 6 3 6 ,9 7 3
J u ly i to N o v . 3 0 .
/ I O O O .. . . . G r o s s ,
1 ,6 0 9 ,9 7 2 :
n et,
A N N U A L R E P O R T . — A n n u a l m e e t i n g fir st T u e s d a y In O c t o b e r .
R e­
p o r t f o r 1 9 0 6 - 0 7 W a s 111 \ . 8 3 , p . 1 2 0 4 , 1 2 1 3 .
1 0 0 4 -0 5 ,
Y ea r ending J u n e 3 0 —
1000 0 7 .
1905 0 6 .
1003 0 4 .
720
A v e r , m il e s o p e r a t e d -------798
790
642
$ 8 0 7 ,3 1 1
P a s s e n g e r s ................................... $ 1 . 0 1 0 , 2 0 2
$ I J ? 0 1 ,5 4 8
$ 8 2 5 ,8 3 0
2 ,5 5 0 ,5 6 3
2 .0 2 1 ,9 9 3
F r e ig h t! ,6 8 I ,3 5 1
1 .8 7 8 ,0 7 8
M a l l , e x p r e s s , A c ..................
1 8 2 ,1 I ft
1 5 7 ,4 5 2
1 4 6 ,6 7 7

1,101

80

033,900

T o ta l n et I n c o m e ..
R e n t a l s .................................
N et ear in D . M . A F t.
M i s c e l l a n e o u s __________
D lv . on co in , s to c k .

$ .1 ,8 7 3 ,6 6 8
$1 ,.1 1 6 ,5 3 7
2 9 2 .9 1 3

$ 3 ,7 2 6 ,6 8 5
$ 1 ,4 1 7 ,4 8 8
2 5 0 ,7 3 2

$ .1 , 0 7 6 ,7 6 6
$ 1 ,1 3 0 ,3 8 1
2 3 6 ,0 7 3

$ 2 ,8 3 0 ,5 6 6
$ 1 ,0 4 0 ,2 6 3
2 7 5 ,2 4 8

$ 1 ,0 0 9 ,4 8 0
$ 1 ,1 0 5 ,3 8 8
6 8 .2 5 7
1 0 0 ,0 )9
2 2 ,1 9 2
(3 )2 0 1 ) ,0110

$ 1 ,6 7 7 ,2 0 0
$ 1 ,0 9 5 ,9 .1 2
0 6 .5 2 2
9 8 .7 1 6

$ 1 ,3 6 6 ,1 5 6
$ 1 , 0 2 0 ,.176
6 1 ,7 .1 7

$ 1 ,3 2 4 ,5 1 1
$ 0 3 1 ,4 4 7
3 8 ,0 4 f t

(3 )2 0 0 .0 0 0

2 6 ,8 4 8
.1 8 ,9 4 2
(3 )2 0 0 ,0 0 0
(5)21)11,111)1)
............... 1 2 M i l 5 6 ,0 1 ) 0

B a la n c e , s u r p . fo r y e a r
$ 1 1 1 ,4 3 4
$ 2 1 8 ,0 3 0
$ 5 7 ,4 0 5 d r f.1 8 2 ,0 2 2
O F F I C E R S .— P r e s .. E d w in H a w le y . N . Y .: V . - P , , L . F . D a y ; S e e ., J o s .
G a s k e ll, M in n e a p o lis ; T r c a s . . F . I I . D a v is , 2 5 B r o a d S t . , N e w Y o r k .
D ir e c t o r s — E . ll a w l e y ,. I f. E . H u n t in g t o n , J a m e s N . W a lla c e , F . E ,
P a lm e r . F H . D a v is . J o h n E . S c a r le s . F ra n k T r u m b u ll. N e w Y o r k ; L . O .
W e ir , N . V .; L . F
D a y . M i n n e a p o l i s . — ( V . 8 5 . p , 7 0 3 , 1 2 0 4 , 1 2 1 5 ,)
M I N N E A P O L I S S T . P A U L A S A U L T S T B . M A R I E R Y .— O w n s m a in
lin e f r o m S a u lt S t e . M a r ie M ic h ., v ia M in n e a p o lis t o P o r t a l, N o r t h D a k o t a ,
a t t h e I n t e r n a t io n a l b o c n d a i y lin e , t h e r e c o n n e c t in g w it h t h e C a n a d ia n P a c ..
1 .0 3 9 m ile s : b r a n c h e s , f l a t i k h i x o n , N . D , , t o G a r r i s o n , 2 9 2 m .; G le n w o o d ,
M i n n ., t o E m e r s o n . 2 6 5 m ile s ; T h i e f R i v e r F a lls , M in n ., t o K e n t n a r e . N . D . ,
2 9 6 m ile s ; w i s h e k , N . D . , t o P o l l o c k . 7 0 m , ; o t h e r b r a n c h e s , 2 8 2 m .; s p u r s ,
111 m . : t o t a l . J u l y m o ? , ! . 2 « ; i m i l e , : nl,< > t r a c k n e n t o M i n n e a p o l i s , S t . P a u l
( t i r i n g r e p l a c e d b y li n e o w n e d , V '. 8 3 , p , 3 » ) a n d S a u l t S t e M a n e , l p m i l e s .
In N n v . 1 0 0 4 e a t e n ,t u n fr o m G l e n w o o d . M i n n ., n o r t h t o W i n n ip e g . 330
m i l e ,. In clu d e d a b o v e , w a s c o m p le t e d .
V. 77. p. 736.
I n D e o . I IM S b r a n c h
T h i e f R i v e r F a lls . M in n ., t o R e n m a r e . N . D . . 2 0 0 in ,: w « s O p e n e d .
F .x t r il­
l i o n , f r o m F l a x t o u , N . D . . w e s t e r ly t o A m b r o s e . 51 m ile s : fr o m D r a k e ,
N . D . . t o P l a t a , h i in .: a n d o f t h e G a r r is o n lin o t o M a x . 14 t n , . w e r o e o m p l e t c d l a t e In m i n i .
V . 83. p. 730.
In M c h . 1007 c o n t r a c t w as le t fo r e x ­
t e n s i o n f r o m m a i n l i n e n e a r l i r u n l e n . M i n n . , n o r t h e a s t t o D u l u t h . 1,11
m i l e s , a b o u t o n e - b a i t t o t ie c o m p l e t e d In 11107.
V . 6 4 , [>. 0 0 3 .
H I S T O R Y . — A c o n s o l i d a t i o n In l a s s o f M in n . S a u lt s t e . M a r ie A A t l . .
Minn. A P a o . , A o
S e e V . 1 6 . p . 5 3 8 , (1 0 9 : V . 7 7 . p , 0 2 8 .




0
8 In 11107
l ' » i e l n ’ 07
6
S ee te x t.

W here P a ya b le , a n d b y
W h om .

D O ffic e , 82 B e a v e r S t . N Y

A

M
S ee
J
S ee
F

A
N ,G l y n .M !U s .C u r r lo A C o .,L o N o v 2 2 1 0 0 7 'i %
te x t.
rto
do
N o v 2 2*0 7 Z J {%
A
J U l y n .M il ls ,C u r r I e A C o .,L o P e r p e tu a l
t e x t . C h e c k s m a ile d .
M ay 9 1007 3 %

A
A

J G ra n d C en t S ta tio n , N Y
N R eg at G C S; cp a t G T
J R eg at G O S: cp at U Tr
M A S U n io n T r u s t C o , N o w Y k
5
Q— M G r a n d C e n t S t a t i o n , N Y
5
M A S U n io n T r u s t C o . N Y
6
.. G r a n d C e n t S t a t i o n , N Y
5
M
A
N
J
A
J R eg at G C S: cp at U T r
4 g
S R eg a t G C S ; cp at O T r
3 1* AT M A
J A J10
4 g
4H g
Q— M
F
A
A G ra n d C en t S ta tio n , N Y
5
G ra n d C en t S ta tio n , N Y
M
A
3W
J J a c k s o n , M ich .
J
A
5
L) U n i o n T r u s t C o N Y
3 g
D
do
do
3 g
J G ra n d C en t S ta tio n . N Y
4 g

700,000
725,000
1,740,000
1,300,000
1,096.200
10,000,000
2.000.000
491 ,200
250,000
421.000
3,100,000
N ’ noMar'07
130.000
250,000
5,854,000
323.375
«

5 g
5
5 g
10

B on d s— P rin c i­
pal, W h en D u e ,
Stocks— Last
D ivid en d .

J

S ec te x t. J
3 X g M
J

J1,600,000

4,210,200
593.000
1,000,000
320.000

nal In sin k l n r f u n d .

1216

non-cura., $4,000,000,

*$844,000
£2,2 5 1 ,7 2 0
£ 2 ,5 6 4 ,1 0 0
£ 1 ,0 1 1 ,9 6 0
£ 2 ,0 0 0 000
£1.0 0 0 .0 0 0
£ 5 86 ,32 4
C l8.738.000
14.000.000
2,600,000
\ 4.000,000

W hen
P a ya b le.

M
J
J
J

dc
A

A
A
A
A

N N e w Y o r k S u $ q A W .N
D
do
do
J O ffic e , P h ila d e lp h ia .
J P h ila d e lp h ia

D ec

1

1910

J a n 20 1008 5 %
M a y 1 1052
J*a n
1 1040
M ar
1 1031
1 1031
M ar
_____
S
ep t 1 1009
N ov
1 1030

July

1 1041

S e p t 1 1051
J u l y 10 1057
T o ,iuno 1 1010
F eb
1 1010
S e p t 1 '07 1 H %
Jan 1 0 0 8 2 M %
D ec
1 1080
D ee
l 1080
J a il
1 1056

1 1011
Y N ov
J u n o l id io
.In n
1 1054
Jm i 1008 5 %

rn

$ 3 0 3 , 0 0 0 o u t s t a n d i n g , $ 3 ,111 ,00 0 a r e 5 s ; t h e C a n . P a c . o n J u n e 3 0 1 0 0 7 o w n e d
t h e r e m a i n i n g $ 2 5 4 , 0 0 0 ( w h ic h a r e 4 s ) , a n d t h e $ 1 , 0 0 0 , 0 0 0 g e n . r n tg u . is
b o t h o f w h ic h I t g u a r a n t e e s o s t o I n t . V . 7 5 . p . 5 5 4 . S e e V . 7 3 . p . 5 5 8 , 6 1 0 ;
V . 7 3 . n . 7 8 5 . O f t o n n a g e In 1 0 0 6 * 0 7 8 0 % w a s o rc a a n d m in in g p r o d u c t s
E A R N I N G S .— F o r 6 m o n th s e n d in g N o v . 3 0 ;
5 m onths —
C ross.
N e t.
O ther Inc.
C harges.
D n l .,s u r ,
1 0 0 7 .................................$ 3 3 5 ).2 4 0
$ 7 6 ,6 6 5
$ 2 ,0 2 3
$ 6 0 ,6 7 7
$ 1 8 ,9 1 1
1 1 1 7 ,6 2 0
t .0 7 3
6 0 ,9 6 1
4 8 ,0 3 2
1 0 0 6 __________________ 3 3 1 , 8 9 8
R E P O R T . — F o r y e a r 1 0 0 8 * 0 7 , g r o « , $ 7 8 6 ,0 1 1 ; n e t , $ 1 0 0 ,7 9 6 ; o t h e r I n ­
c o m e . $ 1 , 8 4 9 ; t a x e s . $ 3 1 , 7 1 1 : In t . $ 0 1 , 3 6 0 ; s u r . . $ 4 3 , 5 4 5 — ( V . 7 3 , p . 7 8 5 . )
M I N N E A P O L I S A S T . L O U I S R R . — (S e e M a p . ) — O w n s m a in U n a M i n ­
n e a p o lis t o A n g u s , l a . , 2 8 0 m i l e s ; W e s t e r n D l v . , H o p k i n s t o W a t e r t o w n .
S. D . , 2 1 5 m ile s ; K a l o B r a n c h . 1 m . : L a k e P a r k B r a n c h , 1 H m .; W i n t h r o n , M in n ., t o S to r m L a k e , M l n u ., 154 m .
L e a s e s t r a c k a g e fr o m M i n n e ­
a p o l i s t o S t . P a u l o v e r S t . P a u l A N o r t h . P a c . R R . . 1 0 m . ; fr o m S p e n c e r t o
H u t h v c n o v e r C b . M . A S t . P . f 1 2 > $ m . ; fr o m T a r a t o F o r t D o d g e , o v e r 111.
C e n t . . 6 m . ; le a s e s D e s M o in e s A F o r t D o d g e R R . . D e s M o in e s t o F o r t D o d g e
a n d T a r a to R u t h v c n , 1 3 8 W i n .; to ta l o p e r a te d J u n e 3 0 1 9 0 7 , 7 0 8 m ile s .
A l s o o w n s , b u t le a s e s t o B u r . C . R . A X . , A l b e r t L e u t o I o w a S t a t e l in e , 1 3 m ,
T h e M in n e s o t a D a k o t a A P a c ific R y . . In c o r p o r a t e d In J a n . l o o o w it h
$ 2 0 0 , 0 0 0 a u t h o r i z e d s t o c k , Is b u il d in g e x t e n s i o n fr o m W a t e r t o w n , 8 . D .
w e s t t o M is s o u r i R i v e r a t l . c B e a u , S . 1 ) .. 1 7 2 m i l e s , a n d b r a n c h fr o m C o n tie
n o r th w e s t to L e o la , S . D . . 5 7 m ile s , c o m p le t e d S e p t , 1 0 0 7 . _ V . 8 5 . p .
.
H I S T O R Y . — A r e o r g a n iz a t io n In O c t . 1 8 0 4 , p e r p la n In V . 6 0 , p . 3 7 1 , o f
R ailw a y f o r e c lo s e d u n d e r I m p r o v e m e n t a n d e q u i p m e n t m t g e .
In J u n e
o e r s o n .i Id e n t ifie d w it h M i n n . A S t . L , o b t a i n e d c o n t r o l o f
th e Io w a C e n tra l R y .
T h e s a m e In t e r e s t s c o n t r o l t h e T o l e d o S t . L o u is A
W e s t e r n , w h ic h In S e p t . 1 9 0 7 a c q u i r e d c o n t r o l o f I h o C h ic a g o A A l t o n .
T h e D c s . M . A F t . D o d g e R R . , c o n t r o l o f w h ic h w a s a c q u ir e d In 1 9 0 4 , Is
le a s e d f o r 3 0 y e a r * f r o m J a n . 1 1 9 0 5 .
V . 7 8 , p. 2 3 35 ; V . 79 , p 200, 1704;
V . 8 1 , n. 1430,

STOCK.—Common, $8,000,000; pr«f.,
on each, thoy share pro rata.

R ate
%

Amount
Outstanding

1,000
£10
£10
£10
£10

... —

G r o s s e a r n i n g s ............
N e t o v e r ta x e s
_____
O th er In com e
...............

( V O L . I,X X X V I,

4 g -5 g

4 g
5 g
c O f w h lc

J O l f i c o , l t o S 4 t h S t , P h t l a J a n 1 6 ’ 0 8 2 15 %
Jan
1 lo s t
J 14 W a l l S t , N e w Y o r k
Jan
1 1U51
J A ll o w n e d b y C a n P a c
J 4 4 W a ll S t . N e w Y o r k
Jan
1 1031
$ 1 6,81 4 , 3 0 0 h e l d_______________________R
by N Y O A H
R R C o.
A
A
A
A

S T O C K . — C a n a d i a n P a c i f i c o n J u l y t 1 0 0 7 o w n e d 5 7 .1 )8 0 ,1 1 0 0 c o m m o n
a n d 5 3 .6 3 3 .4 0 0 p r e fe r r e d .
P r e fe r r e d s t o c k lia s a p r i o r r i g h t t o 7 % ( n o n o u r o .K th e n c o m m o n t o 7 % ; th e n s h o r e p r o r a t o .
V . 7 5 , p , 5 4 1 ).
S to ck ­
h o l d e r , v o t e d S e p t . 17 1 0 0 7 t o In c r e a s e th e a u t h o r iz e d s t o r k rr o m 5 1 4 ,0 0 0 ,­
0 0 0 t o 5 2 8 , 0 0 0 ,0 0 0 c o m m o n u n d f r o m ( 7 , 0 0 0 .0 0 0 t o 5 l 4 . i i i i f l . i m i i p r e f e r r e d .
S t o c k h o l d e r s o f r e c o r d S e p t , 2 ., 1 0 u 7 w o r e o f f e r e d t h e r i g h t u n t i l O c t . 3 1 t o
s u b s c r i b e p r o r n t a a t p a r f o r 51 . i o n n o n p t e f . m i d 5 2 , 8 0 0 . 0 0 0 c o m m o n s t o c k ,
p a y a b le 2 0 % o n s u b s c r ip t io n . 2u % D e c . 2 1 00 7 a n d 2 0 % c a d i F e b . 3 A p r il 1
a n d J u n e 1 1 1 )0 8 , r a i s i n g t h e a m o u n t o u t , l a n d i n g t o S a .4 O 0 .O 0 U p r e f . a u d
s iu .8 o o .o o u c o m m o n sto c k ,
v .
p. m o , 722. 7 »3 , m m ,
D I V I D E N D S ..................................1 0 0 3 .
1004.
1U 05.
1008.
1007.
7
7
7
7
/
P r e f e r r e d ( p e r c e n t ) --------------------C o m m o n ( p e r c c u t l — ...................
2
4
4
4
4
B O N D S . — C a n . P a o g u a r a n t e e s b y e n d o r s e m e n t 4 % li l t , o n a ll t h e b o n d *
a s s e n tin g t o a r e d u c t io n o f In t. t o l % . (d e e V . 5 0 . p . 7 8 4 ; V . 5 1 , p . 2 3 0 .)
A b o u t o n e - h a l t M in n . A P a c . b o n d s a n d p r a c t i c a l l y a ll o t h e r Is s u e s a s s e n t e d .
A b s t r a c t o f A tln n ea p olls N u u k s t e , Atarle c t Attan ttc m t g e . In V . 4 5 , p .
243.
T h e consol, mortgage o f 1 8 8 8 . a b s t r a c t V . 4 7 . p . 1 4 2 ) , w a s T or 5 2 1 . ­
0 0 0 ,0 0 0 o n 8 0 0 m ile s (s u d ld e n t o f th is r e s e r v e d t o r e t ir e p r io r b o n d ,) a n d fo r
5 2 0 ,0 0 0 p e r m il e o n a ll a d d i t i o n s .
V . 7 3 . p . 185; V . 7 8 . p. 8 2 0 ; V . 7 0 , p.
1 3 3 2 ; V . 8 0 . p . 031 .
A s t o 2 d -Is s e e V . IIS , p . DUO, 7 7 1 . 1 1 7 7 ; V . 7 1 . p . 0 4 5 ;

v . 85 , p. m in.
L A T E S T E A R N I N G S . — ( 1 0 0 7 . . . . .G r o s s , 5 0 ,6 0 2 .7 0 1 ; n e t , 5 2 ,3 1 6 ,3 8 7
5 m o , .. J u ly 1 t o N o v . 9 0 ,( 1 0 0 6 .. ..G r o s s .
. 1. 8 8 0 , 0 3 8 ; n o t ,
3 ,0 2 4 .5 7 3
R E P O R T . — R e p o r t f o r y e a r e n d i n g J u n o 3 0 11107 w a s in V . 8 5 , p . o i l ) .

Year—

Gross.

Aid.

/ n l..lo ses.ck c.u m tp ..A c.

nu l.,svr.

1 0 0 0 0 7 .................. 5 1 2 8 0 2 , 0 7 0 ( 9 , 4 9 8 , M 0 5 2 . 8 4 0 , 8 4 3
5 8 0 0 .0 0 0 (1 ,8 0 8 ,0 8 0
1 0 0 3 -0 0
1 1 .5 7 4 .4 0 2
f t .7 0 ll.0 0 2
2 ,.0 2 2 ,2 1 0
1 ,0 0 0 .0 0 0
2 ,2 1 7 ,0 8 6
D i v i d e n d , o f 7 '% o n p r e f e r r e d c a l l f o r ( 4 8 4 , 0 6 7 y e a r l y a n d o f 4 % o n c o m ­
m o n 5 6 5 4 ,0 1 2 y e a r l y . — ( V . 8 5 , p . 1 6 0 , 7 2 2 , 7 0 3 , O ld . 1 5 7 7 . 1 0 4 6 .)
M I N N E S O T A T R A N S F E R R V . — U n io n r o a d , o w n i n g 4 3 .6 4 m il e s , e x ­
t e n d i n g fr o m J u n c t io n w it h C h lo , M il, A S t . P a u l a t M c r r ln in P a r k t o F r id ­
le y (w it h s t o c k y a r d s . A c . ) ; s h lo t r a c k s , 4 5 .7 2 m ile s ; t o t a l . 6 0 .2 0 m ile s . V .
0 7 . p . 0 5 0 . S t o c k , 5 7 0 . 0 0 0 . e u i in l ly o w n e d b y O h io , M lliv . A S t . P a u l . N o r .
P a c .. C ld c . S t . P a u l M ln u . A O m a h a , M in n . A S t . L o u is , W is c o n s in C e n t ..
C l d c . H u r l. A Q u i n c y , G r e a t N o r t h . . C l d c . G t . W e s t . . M i n n . S t . P a u l A
S a u lt S t e . M a rie a n d C h lo . R o c k I s la n d A P a c ific ,
A d d i t i o n a l b o n d s c a n b e Issu e d fo r p r o p e r t y n n d I m p r o v e m e n t s o s ren u lr c d .
P r i n c i p a l o n l y Is p a y a b l e In g o l d .
M tg e. tru ste e . N orth w estern
T r u s t C o ., S t , P a u l. M in n .— ( V . 6 5 . p . 1 2 3 8 ; V . 0 7 . p , 0 5 6 .)
. M I S S I S S I P P I A R K A N S A S A W E S T E R N R V . — O w n s f r o m a p o i n t In
D r e w C o u n t y . A r k . , t o G a i n e s L a n d i n g , o n t h e M is s is s ip p i R i v e r In C h i c o t
C o u n t y . A r k . , 2 2 m ile s .
S t o c k a u t h o r iz e d . 5 2 2 0 ,0 0 0 .
Y e a r e n d in g J u n e 30
1 0 0 4 , g r o s s , 5 2 5 ,3 8 0 .
P r e s . . A . P . B l i s s , S a g i n a w , M i c h . ; S e c . a n d G c i> .
M g r ., A . F . C o o k . L it t l e R u c k . A r k . — ( V . 7 5 . p . 4 4 2 .)
M IS S IS S IP P I C E N T R A L
R R .— O w n s H a t t ie s b u r g , M is s ., t o B r o o k haven,
8 4 m it e s , o r w h ic h S i l v e r C r e e k
to
B ruokhaveu
21) 111. , o p e n e d
J u n e 1 1)00 .
V . 81, p. 153.
E x t e n s io n b u ild in g fr o m lln L lte s b u r g t o S e ru n lu n , 8u m .
T h e N a t c h e z A E a s t e r n l l y . , c o n t r o l l e d b y t h e s m ile I n t e r e s t s .
Is t o b o c o m p le t e d a b o u t M a r c h tu n a fr o m N a t c h e z , M is s ., t o l l r o o k h a v e u .
6 0 m ile s .
V . 8 5, p . u o. 160.
S t o e k . 5 1 .6 0 0 .0 0 0 .
B u n d s ( l i m i t e d t o S 5 ,u u o ,n i ) 0 ) a r e I s s u a b l e a t 52U .UUU p e r m . ; t h e y a r e s u b ­
j e c t t o c a l l In t h e o r d e r o f n u m b e r s a t p a r b y a y e a r l y s t o k i n g f u n d o f 5 0 0 0
p e r m i l e o f r o a d c o v e r e d , a n d a s o n e n t i r e I s s u e a t I 111.
T h e y ore gu a ra n teed
p r ln . a m i b i t . , b y U . S . L u m b e r C o .
V . 81, p. 1840; V 8 2. p . 101, 1046,
Y e a r e n d i n g J u n e 3t> 1 0 0 6 , g r o s s , * 1 2 2 ,3 1 1 8 ; n e t , 5 2 1 3 ,8 1 1 4 ; b i t . a r i d t a x e s
* 7 1 1 ,0 8 3 ; d i v i d e n d s ( 7 1) % l . 5 1 1 2 .4 4 1 ) ; o t h e r d e d u c t i o n s , 5 3 3 ,4 3 1 ) : I m l .. t l e f . 5 1 1 ,1 8 7 : t o t a l s u r p l u s J u n e 3(1 1 1 )0 7 . 5 2 9 7 , 6 3 8 .
I’ r e s ., ( ', t .. P e r k ; S e c . a n d
T r e e s .. C, P . D a v id s o n . S c r a n to n , P a .
(V . 8 4 , p . 1 3 6 7 ; V . 8 3 , p . 2 2 1 .)
.M I S S O U R I A I L L I N O I S D R I O O E A B E L T R R . - H a s b r i d g e 2 , P il l f e e t
l o n g a c r o s s t h e M i s s i s s i p p i l l l v e r a t A l t o n , 111,; a l s o 2 m i l e * o f r o a d . O w n e d
b y 1 0 o f t h e 14 p r o p r i e t a r y r o a d s o f t h e T e r m i n a l R R . A s s o c i a t i o n o f S t .
la n d s , v l * . : C lo v e C in e . C h lo . A S t . L ., L o u is v ille A N a s h v ille . S t . L . I r o n
M t n . A S o u t h . B a lt A O h i o , M is s o u r i P a c . . W a b a s h , C h i c . I l o c k I s l a n d A
P a c .. S t. L
A S a n F r a n .. M o . K a n . A T e x . n n d S t . L , V a n d a lla A T e r r e
H a u t e ( P e n n . R R . s y s t e m ) . I n c o r p o r a t e d In A u g . l o o t n s s u c c e s s o r o f t h e
S t . C l a i r M a d i s o n A S t . la r n ls B e l t R R . V . 7 0 . p . 1 6 4 2 . 0 8 1 . S t o o k , 5 2 . 3 0 0 •
Q Q O l .o u t s t a n d i n g ', 5 1 1 0 , n o n .
p r e s .. A . J . D a v id s o n ; T r e n s .
F . 11. H a m i l ­
t o n ; S e c . , G . L . t b .l l
O ffic e . L in c o ln T r u s t B ld g ., S t . L o u is .— ( V . 8 0 , p .
7 1 1 ; V . 3 2 , p . 1 3 8 0 .)
M I S S O U R I K A N S A S A T E X A S R V .— n o A D .— O p e r a t e s a lin e w ith
n o r th e r n te rm in i a t S t . L o u is . K a n s a s C it y , J u n c tio n C ity u n d H a n n ib a l
M u . , e x t e n d i n g s o u t h e r l y a c r o s s H ie l o d l a n T e r r i t o r y n n d t h e T e x a s c o t t o n
lic it t o t id e w a t e r a t G a l v e s t o n , o n t h e G u lf o f M e x i c o , a n d t o S a il A n t o n i o ,
T e x . , a n d S h r e v e p o r t . L n . , w i t h I,ra n ,.’ lie s ,
Operated— not ow ned.
A llie s.
floo d ow ned —
A fU es.
M is s o u ri K a n . A T e x . R y . —
W i c h i t a F a l l s R y ......................
0I8
D e n i s o n B o n h a m A N . O . R R ____n 2 4
S t . L o u i s t o R e d R i v e r , T e x ___ 6 2 u
H a n n i b a l t o F r a n k l i n J e t ............ 1 0 4
D a l . C l c h . A S o u t h w e s t e r n ................ a 1 0
B ra n ch e s to P n ota a n d P a rso n s,
Dewey, I. T ,. to nnrllcsvIUn_____
4
A u s t i n . T e x . , t e r m i n a l * . .....................
2
K a n ,; O k la h o m a C ity a m i
Operated lolnltu
G u th r ie , 0 . T ., a n d V v y b a rk
n n d A t o k a , I . T , , A c __________ 021 S t . L o u i s t o T e x a s J u n c t i o n . . . . . 2 4
K a n s a s C ity t o P a o l a . . . . . . . . . . . 43
M o. K an. A T . H y. of T e x a s R e d R i v e r t o H o u s t o n . T e x . . . 3 4 8 W h i t e * b O T O t o F t . W o r t h ____________ 7 1
D e n i s o n t o H e n r i e t t a ............... . . . 1 1 2
I n l a t o P l q o a . K a n s u * ...........................
7
O t h e r b r a n c h e e ....................................... 4 7 6 G a l v e s t o n
H ou ston A I I o n d ....o 3 0
A u s t i n t o S a n M a r c o s ...................
20
T o t a l o w n e d _____________ _______ 2 .7 U 0

T o t a l o p e r a t e d J u ly I 1 9 0 7 .- 3 ,0 7 2
la S e e t h i s c o m p a n y . )
O R G A N I Z A T I O N A o . — R e o r g . In 1 8 0 0 w i t h o u t f o r e c l o s u r e . V . 4 f l , p . 7 l o
T i l e 5 1 2 . 8 0 0 , 0 0 0 s t o o k o f t h o " M . K . A T . R a i l w a y C o . o f T e x a s '* la o w n e d
( V . 3 4 . p . 1 0 4 7 : V . 6 5 , n . 2 9 8 ) . M . K . A E a s t e r n w a s m o v e d In 1 8 9 7 ^ I t . O .
A P a c . I n 1 8 0 9 . S l i e r . S h . A S o . in i o i ) l a n d M o . K a n . A O k l n . R R . a n d
T e x a s A O k l a . R R . In 1 0 0 4 . V . 7 4 . p . 1 0 3 8 . 1 1 4 0 ; V . 7 5 . p . 6 0 8 . 1 0 8 6 : V . 7 6 .
D . 4 6 (1 , 1 2 4 9 : V . 7 8 , p . 2 0 1 2 .
C u t - o l f t o J in n A n t o n i o o p e n e d J u l y 1 9 0 6 .
L A N D G R A N T . — L a n d g r n n t In I n d i a n T e r r i t o r y . 3 ,1 l i ) , 4 0 0 a c r e * , s u b ­
je c t t o In d ia n t it le .
S e e VT 7 9 . D . 9 0 3 , 1 1 5 1 ; V . 6 1 . p 6 0 8 1 0 4 2 ; c o m p a r e

.o c D c r ii

V C H IC A G a

ARr

Orraii

UNION .Tu|.,.|wi^

CH CY£>iwt

Q n u (H «f4
r -c .
[amntn 4
iSwumpc

n il L a k e

ittld Mountain

Fl Collin*

Stockton1

La SaU®-

jgalwbtin

N C 0U
Kc»ko]P

Loujm onr

K J rk j’

DENVEFU
h ^ ^ D illo n V

Austin

SPfilNG?IEt.o(

Eureka
Oaklcj
FrUco

Cox? Riiri
^iuche
field

XMtHaj
klootroiM*

lUrilfe’p

RAILWAY STOCKS AND BONDS.

/

lU iw ijX
0\ir|T.O 1
Vance

Jc.Vp?*'

Candelaria

j . S T .L O U l S
t
•*ir?1u

URN£J
La June
LCuefixat

ooogc

c i ^ 3 P M > i a t fJ b j
CjnWAY BARS.
Anthony ^
NIOWI

Si.Geu/fr* *>

ypriijflald

T u li n * 1

'V * i w u i '

Kingfisher,
SANTA/ E

w

AmnnlJw

M ojito
Th®tte«41e*f,

«l^n

fl

An a K ^ .

M

3V*ahbarn
L e h ig h

Magdalena,

PHC£NI)T

iceaatide

Globe

H e n rie tta ’

Cl iRon

\ \ E s co n d id o ^
j
>

Q

m

\

S a n D ie g o
v
i
L
R I N a t io n a l
uva

f

Albany«

JoV

y^SLeiaor

ZK f

*

Yum a
T n c*on s

\
v
X

°*>

*

WhlMybak*
Rincon /

S

f

J
«

\\ o F oster

1 i .

Albuquerque

Felton
Prescott

_c Mon tone

^

> s‘

Fairbank.

Atitfl

dorado

Dcminj'
Ren*on

j

Dublin

O Tomb*tf tie
Ciudad Jnj

f p L

lACKSON

t

CMuia

|a t c h c ;

■terra Blanca

%

3

Llano,

Cri*pa

Kemrille

J a n ., 1 9 0 8 .]

M AP OF TH E

Tlandi

ST. LOUIS, IRON MT. & SOUTHERN RT.
and




L eased, Operated & I ndependent L ines

G e o r g ia ^
l{(>uud Ki<
AUSTIN
in Marco*

M

San An ton l<

M IS S O U R I P A C IF IC R A I L W A Y

Yoakum
Pitdra* K tg n ;

Meridian

HlTiTl

San Angelo
J

**at

‘ ' L a. VJOi^unfft!
ft
^ W FUR

Vac'ltfCl

GALVESTON

[Yoi,. i.xxxvi.

RAILWAY STOCKS AND BONDS,

9 -J

IN T E R E S T OR D IV ID E N D S

R A IL R O A D S ,
f il e s
D a te
of
of
R ood . B on ds.

3

F o r e x p l a n a t io n o f c o lu m n h e a d in g s . A c . , s ee n otes
o n f i r s t p a g e o f ta b le s ,
W l n n e . p o l l . f t S t L o u l i — C o m m o n s t o c k ........................C .
P r e fe r r e d s t o c k ( V 7 0 . v 1 1 5 0 ) 5 %
n o u - c u m ______C e
F ir s t M M c r r ln m J u n c t io n t o A l b e r t L e a i t o l d - P .c *
t o w A c x t e n 1 st M g o ld ( A l b . L e a to F t D o d g e ) g .C e .c *
M o r tg a g e o n S o u t h w e x te n g o ld ( $ 1 2 ,0 0 0 p m j .C c .c #
I’ a c l l l n e x t e n s i o n l l r s t m o r i u a t e g o l d ........................ C e . o F i r s t c o n s o l i d a t e d M $ 5 , 2 8 2 , 0 0 0 g o l d ..................C e . c ' A r
F ir s t A r e f M $ 2 5 ,0 0 0 ,0 0 0 g o ld ( $ 1 8 ,0 0 0 p m ) . . C e
G o ld n o te s $ 5 ,0 0 0 ,0 0 0 s e c b y c o ll r e d p a r b e g ‘ 0 8 . C o
M i n n D a l i f t I ’ n c 1 s t M I S O O U O .O O O * r e d 1 0 5 . C « . c - i r
M in n S t P a u l A S S to M n r le — C o m s t o c k
$ 2 8 ,0 0 0 ,0 0 0
P r e f s t o c k 7 % n o n - c u m , t o b e S l 4 . o o o . o o o ........................
M in n S a u lt S t o M a r io f t A t l a n t i c 1 st M g o l d . .C e .o *
M i n n e a p o l i s A P a c i f i c f i r s t m o r t g a g e ........................C e c *
C o n s m o r t g a g e g o ld In t g u a r (e n d ) s e e t e x t .
.C c .c *
S e c o n d m o r t g a g e $ 5 .u o 0 .o o 0 g o ld In t g u a r a n t e e d .C e
C a r t r u s t s D e c . 1 0 0 7 ......................................................................................
M l fin e s o t a T r a n s f e r — F i r s t m o r t e a ( j c < * 8 2 4 , 0 0 0 a r o 4 s l . o
M i s s i s s i p p i A r k a n s a s & W e s t e r n — 1 s t M g o l d ______A C
Miss C e n t — 1 s t M $ 5 , 0 0 0 , 0 0 0 g o l d g u a r r e d ( t c x t ) . S . c *
Mo
III l i r ft K e l t — S t C M A S t L i t . 1 s t M r e d i r . S S t c *
C o n s o lid a te d m o r t g a g e $ 2 ,0 0 0 ,0 0 0 a u th o r iz e d g o l d . .

...
81

10 2
53
92
632

405
286
2 .2 6 3
2 .2 6 3

1886
1886
1888
1800

_

1888

22

10 0 2

64

I0 05

ft

P r e f e r r e d s t o c k 4 % n o n c u m u l a t i v e ..... ..........................
F i r s t m o r t e a a e e o l d ............................................................. C e
S e c o n d m o r t g a g e g o l d .........................................................Me
F i r s t e x t e n s i o n m o r t i f a e o ( f o l d { 3 . J 5 4 . 0 0 0 ______C e . c S t L o u i s D l v l l r s t r e f u n d i n g m o r t c a c c ............... F . c M isso u r i K a n s a s A E a s te r n 1 st M g o ld a s s u m e d ..C e
S c c o o d m o r t g a g e g u a r a n t e e d b e i n g r e t i r e d .............
S h S I ) & S o l i t M ( * 2 0 . 0 0 0 p m ) 4 0 WI a s s u m e d . C e . c *
Kansas City A P a c i f i c I s M g o l d a s s u m e d ______C c . c *
M 1C & O l d a 1 s t M * 3 , 4 0 8 . 0 0 0 g o l d a s s u m e d . . C « . c *
T e x a s ft O k la 1 st M * 2 ..1 4 7 .0 0 0 c o ld a s s u m e d .C e .c K l r x t a n d r e f u n d i n g M $ 4 0 . 0 0 0 ,0 0 0 g o l d ( s e c t e x t ) . F
G e n e r a l m o r t g a g e $ 2 0 ,0 0 0 ,0 0 0 g o ld s in k in g fu n d N c *
S W C A I m p 1st M a s s u m e d s in k in g fd c a l) a t 1 2 5 . F
O f w h i c h h e l d In t r e a s u r y J n e 3 0 1 9 0 7 : b $ 0 0 8 , 0 0 0 :

1877
1870
1880
1881
1804
1800
1006
1006

10 0 1
1 1 )0 4

1 ,6 0 1
1 ,6 0 l
104

1890
1800
1804

10 0 1
162

10 2
20 2
130
277
117

1892
1802
1893
1800

10 0 2

1003
1904
3 ,0 4 3
1006
1880
c $ 1 6 4 ,1 0 0

...

S iz e, or
Par
V a lu e .

1.6 6 6
1,0 0 0
1.0 0 0
1.0 0 0
1,0 0 0
10 0
10 0

B a L .S u r .

$1,183,422

1 00 8 ................................... 11.017.383
4,332.815
2,401,488
2,131,131)
A N N U A L R E P O R T .— Annual meeting first Thursday after first M onday
In April. R eport 1000-07 was given a t len g th In V. 83, p. 710, 735; edi­
torial. p. 087.

Mall, express.

-

1 ,3 0 2 .3 2 6

..$ 2 6 ,1 8 3 ,0 5 0
. 1 7 .6 7 5 ,4 5 0

1006.
3 ,0 4 3
$ 5 ,1 5 7 ,8 8 1
1 4 .0 6 8 ,8 3 3
1 .0 3 2 .4 3 1

1005.
3 ,0 4 3
$ 4 ,9 3 3 ,5 0 2
1 4 ,1 3 4 ,3 3 3
0 7 1 ,1 6 8

1004.
2 ,8 8 4
$ 3 ,8 0 2 ,2 0 2
1 3 ,1 0 2 ,0 1 0
8 6 1 ,4 8 4

$ 2 1 , 1 5 0 , 1 15 $ 2 0 , 0 4 1 , 0 0 5
1 5 ,4 1 4 ,5 4 5
1 4 ,0 3 7 ,7 2 0

$ 1 7 ,7 0 6 ,5 0 5
1 2 ,0 0 7 .7 1 0

• $ 5 ,5 2 8 ,5 5 6
$ 3 ,8 6 4 ,7 1 8
3 0 6 ,6 4 7

$ 5 ,0 8 5 ,6 0 8
$ 3 ,3 1 6 ,1 7 2
7 0 3 ,0 6 8

$ 1 ,2 6 7 ,1 0 1

$ 1 ,0 0 0 ,3 6 6

$ 1 ,2 6 7 ,1 0 1

* i,o # 8 ,3 « 8

C .* $ 8 , 6 8 5 , 6 10 • $ 0 , 1 6 3 , 6 3 3

Interest on b onds......... . .
Rentals, A c_____
..
Balance, surplus___
n iv . on preferred____

$ 4 ,5 2 4 ,8 3 0
4 7 8 ,1 9 0

$ 4 ,0 4 1 ,0 4 3
4 3 9 .5 0 5

$ 3 ,6 8 2 ,3 1 1
$ 1 ,0 5 3 ,0 8 7
. ( 4 % ) 3 2 0 .0 0 0 ( 2 % 1 2 6 0 ,0 0 0
$ 3 ,1 6 2 ,3 1 1

$ 1 ,3 0 3 ,0 8 7

•$177,140 In 1007. $400,033 In 1 0 0 8 . $425,181 In 1005. $318,723 In 1004
O F F IC E R S .— Pres.. Adrian II. Jollne. Now Y ork: V .-P . and Gen. M gr..
A . A . Allen, St. Louis; V .-P . and T rcas., C. G. H edge, New Y ork; V .- P ,,
O. Halle. St. Louis; S ee.. O. N. W hitehead, 40 W all St.
Directors—Adrian H. Jollne. Henry W . P oor, Chas. G. Hedge, Jam es
Brown Potter, James N . W allace, J. O. M etcalfe, New York: Myron T .
Herrick. Cleveland. O .; A . A . A llen, O. Halle. James Hngerman and R. W.
Maguire, St. Louts, Mo.; B P. M cDonald. Alfred J . Poor, B. B. Stevens,
Kansas; II. J . l)e Marc* Ovens, Am sterdam . Holland: and Alfred W .
Smlthers of London, E n g.— V. 85, p. 854, 716. 7J5; V. 88, p. 52.
MISSOURI Sc NOR I II A RK AN SAS R R ,— Operates from Joplin, M o., to
I .o lle , A rk .. 188 R miles, o f which Neosho, M o., to Joplin, 30 miles. Is
Kansas City Southern trackage. Extension Is proposed from Leslie to
Helena, A rk., 173 miles, o f which 1)3 miles ftom Leslie to Searcy Is to be
com p leted b y Juno ll)08; also graded 55 mll«M Helena, A rk ., to Cotton
Plant , A rk., com pleted Sept. !5 . v . 88. p. 10ft. Successor per plan V 82.
p. 380.1280: V. 83, p. 30, or the St. Louis A N or. Ark. foreclosed May 20 '00.
S tock authorized, $25,000 per mile. In A ug. 10U6 a mortgage was hied
to secure an Issue o f $11,500,000 50-year 4 % gold bonds (St. Louls-TJnlon
T rust C o., trustee) Issuable at $25,000 per m ile. Entire stock and bonds
Are pledged to secure $8,000,000 3-year 3 % gold notes or the A llegheny
Im provem ent C o., due O ct. 1 t o i l , but redeem able on any Interest d a y;
Interest payable a . A O. at St. Louis Union Trust C o., trustee. V 85. p. 00
For year ending JurwilO
(128 w miles) .gross, $323,383; not, $53,037;
other In c., $3,100: taxes. $13,288: baL. s u r., $43,370. Chairman o f Hoard.
D. R . Francis; Pres . John Srullln. -<V. 83, p. 00; V. 88. p. Ift8.)
MISSOURI OKLAHOM A A GULF R Y .— Owns W agoner to R ose. O. T ..
l o i miles; branches, 12 in.: total, 113 m . Projected to extend from Pitta-




1007

2 2 0 ,0 0 0
1 ,6 3 8 .0 0 0
7 6 8 ,0 0 0
7 0 0 .0 0 0

4

A 5
3 g
5 g

AC
Ac

G U A R A N T IE S .— The BoonvlUe Bridge 4s aro guaranteed, principal and
Interest, and also as to sinking fund beginning 1011. V. 73, p . 40 1 .
T ho Af. K . A T . o f T e x a s m ortgage secures $10,000,000 of bonds at
$20,000 per mile for extensions In Texas. T hey nro guaranteed principal
and Interest. See a bove, and guaranty V . 50, p. 804.
T h o S o u th w e s te r n C o a l A im p r o v e m e n t C o . ' s bonds are guaranteed. Mort*
rage ($ 1 ,0 0 0 ,0 0 0 ) covers tho coal on 31,000 acres In Indian Territory* and
the com pany also owns 2,350 acres additional, the Denison A W ashita R y .,
20 mile*. mines In actlvo operation, A c.

—
1007,
1.
3 .0 7 2
. $ 6 ,2 7 8 ,6 0 8

%

1 3 , 0 0 0 , 0 0 0 4 In 1 9 0 7
4 0 ,0 0 0 ,0 0 0
•1 K
2 0 . 0 0 0 ,0 0 0
4 g
1,0 0 0
3 ,2 3 4 ,0 0 0
3 g
1,0 0 0
1 .0 1 5 .0 0 0
4 g
1.0 0 0
4 .0 0 0 ,0 0 0
5 g
1 .0 0 0
a g
6 6 , 1)00
1.0 0 0
5 g
1 4 8 0 .0 0 0
1,0 0 0
2 ,5 0 0 ,0 0 0
4 g
t .000
5 .4 6 8 .0 0 0
3 g
2 .3 4 7 .0 0 0
1.0 0 0
5 g
1.0 0 0 c D , 1 7 4 , 0 0 0
1.000 1 0 . 0 0 0 .0 0 0
4M f
a
1 000
0 6 8 .0 0 0
J $ 3 0 ,1 0 0 .
c O f w h Ich $ 3 ,0 0
500
000

A s t o M . K . A T . o f T e x a s "llr s t e x t e n s i o n a n d g e n e r a l m o r t g a g e '* f o r
$ 2 5 t 0 0 0 , 0 0 0 , c o n t e m p l a t e d I n 1 0 0 8 , s e e V . 8 3 , p . 4 3 5 . 3 8 2 ; V . 8 2 , p . 1 28 1).

Passenger earnings__

1 .7 2 8 ,0 0 0

W h en
P a y a b le .

R a te

$ 1 0 0 C $6 .0 0 0 ,0 0 0 S e e t e x t .
10 0 U 4 . 0 0 O . 0 0 0 5 I n 1 0 0 7
0 5 0 .0 0 0
7 e
300 *0
1,0 0 0
1 ,0 1 5 .0 0 0
7 g
0 3 0 ,0 0 0
7 g
1.0 0 0
1 .3 8 2 ,0 0 0
6 g
l .000
5 ,2 8 2 ,0 0 0
5 g
1 .000
4 g
1.0 0 0 b 1 0 4 1 3 , 0 0 0
5 .0 0 0 .0 0 0
5 g
1,6 0 6
4 g
4 In 1 0 0 7
10 0
7 In 1 9 0 7
10 0
4 g
1 ,0 0 0
8 ,2 0 4 ,0 0 0
1 ,0 0 0
1 (3 )
3 0 6 ,0 0 0
1 .0 0 0 4 1 , 8 0 5 , 0 0 0
4 g
1 .0 0 0
3 ,3 0 0 .0 0 0
4 g

MISSOURI KANSAS A TE XA S R Y . (C oncluded).
V. 07. p . 222: V . 05. n. 937; V. 01. p. 1105; V . 77. p. 2339; V . 82, p . 1102;
V. 84, p . 508, 1248: V . 85, p . 738.
S T O C K .— C om m on Increased In 1004 b y $7,200,000 to 303.300,300;
preferred la $13,000,000 4 % non-cum ulativc. Par o f shares. $100.
D I V I D E N D S . — O n preferred. 1 0 0 0 nml 1 1 )0 7 , 4 % <M. A N . ) .
B O N D S,— M. K . A T . 1st and 2d m tgcs. o f 1800 (abstracts In V . 51, p ,
405) cov er line from Hannibal, M o., to a point 80 m. from H ouston, T e x .,
o i l m . (except 71 ra. o f trackage) and sundry branches, the total mileage
m ortgaged being l ,601 in., Including the Sherman Shreveport A S o ., but see
below. These mtges. also cover the right to the land grant In Indian Ter.
The M issouri K a n s a s A E a s te r n b o n d s originally guaranteed were assumed
In June 1800, tho road form ing the S t. Louis extension from Franklin. M o.,
to Texas Junction, M o., 102 miles. See V . 03, p. 30. O f the St. Louis
division 1st refunding bonds, $4,000,000 were reserved for the retirement
o f b oth Issues, tho balance being for extensions and Improvements on tho
division. V . 7 2, p . 1034: V. 75. p . 008.
T he S h e r m a n S h r e v e p o r t A S o u th e r n mortgage Is for $0,000,000 at $20,000
per mile; Issued, $3,080,000, o f which $2,000,000 pledged under M. K. A
T . mtge. of 1800. Tho bonds, form erly guaranteed, were assumed upon
consolidation In May 1001. V . 72, p. 1034, 1115.
The Missouri Kansas A Oklahom a and Texas A Oklahoma bond s. Issued at
$20,000 per mllo, guaranteed, have been assum ed. V . 74, p. 1038: V. 75,
p. 183, 733: V. 77, n. 252: V. 78, p. 48; V . 70. p. 008.
O f the 1st and refunding 4s o f 1004 ($40,000,000 authorized Issue) $12.­
037,000 Is reserved to retire divisional mortgages at or before maturity;
balance unissued ($22,781,000) for future purposes. They are payable nt
the option o f the holder In sterling, marks or francs. V . 70 p. UG8, 1281,
1332: V. 80. p. 222,712: V. 81. p. 813; V. 82. p. 987. 1407.
Of the Iwue o f $2 0 ,0 0 0 ,0 0 0 gen. M.
sink. fd. 30-year gold bonds,
stockholders were In 11)08 offered the right to subscribe for the 310,000,uuo
present Issue (which was underwritten) nt $873 per $1,000 bond. $4,000,000
equipm ent trusts being retired out of proceed*. V. 82, p. 218, 334, 01)2;
V . 84, p. 1331; V. 85, p. 348. 884.

LATEST WARNINGS.— Fur 3 months ending Nov. 30:
0 m o n th s—
C ross.
N et.
C h a r g e s.
1007 ................ ...............$11,381,084 $4,201,834 $2,730,432

A m ount
O u ts ta n d in g

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

J
J

J C e n tra l T r u s t C o , N Y
do
do
J
do
do
D
D
do
do
D
do
do
O
do
do
do
N
do
do
do
s
do
A
do
A
do
do
O M i n n o f f i c e ; c h e c k s m a i l 'd
O
do
do
J B a n k o f M o n tr e a l, N Y
J
do
do
do
do
J
do
do
j

J a n 13 0 1 2 M «
J a n 13 0 8 2
&
Juno l
11)2 7
J u n o 1 10 0 0
D eo
1 10 10
A p r il 1 10 2 1
N ov
1 1031
M ar
l 1910
Feb
1 10 11
Feb
1 1956
n e t 1 5 • 07 2 %
O c t 15 0 7 3 > * %
Jan
1 1026
Jan
l
1930
J u ly
l 1938
Jan
l 1040

A 1 s t N a t n k , S t P a u l .M I n n
J A m c r T r A S a v B k , C ld c
J H a r v e y . F is k * S o n s .N Y
J
J N ew Y o rk

Aug
J a il
J u ly
Jan
Jan

F
.1

A
A
A
A

M

A
A

F
M

A
A
A
j

V
M
M
M

4g

J

J

B on d s— P rin ci­
p a l, W h en D u e .
S to c k s — L a st
D iv i d e n d .

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

J
J
J

.J

.

W h e r e P a y a b le a n d b y
W hom .

A

A
A
A

N N ew Y ork
D O m c c . 4 9 W a ll
A
do
N
•)
do
O
do
O
do
D
A
do

A

N

A
A
A
A

do

A
A
A
A

2. 0 0 0

S
do
s
do
J
do
do
J
In
tre a su ry

Ju n e

lN ov
S t,
do
do

N

Y June
June
N ov

do
do

1

10 2 2
1043
1031
1051

0 *07 2
1 1900
1 100 0
1 1014
20 0 1

A p r il 1

A nr 11 1
l

do

do
do
do
do
3 0 ID 0 7 .

Jan
J u ly

1016

l

1
1
1

1042
1042
1943

10 0 0
l 1042
l 1943
l 2004
1 1036
1 1029

burg, K an., to Denison, T e x .. 3no miles, with branches, 37 miles, Stock
authorized. $10,000,000; par. $100. Bonds ($10,000,000 authorized) see
table above. President. \Vm. KcneDck; V .-P . and T rcas., W . P. Dowur:
Sec . E. R. Jones, Orflce. M uskogee, l. T .— (V . 81, p. 1840.)
(I)
MISSOURI PACIFIC R Y . — (S e e M a p .)— Operates an Important eys
tern extending westerly and southwesterly from St. Louts, M o., lucludfng
main lines from St. Louis to Omaha, N eb., 404 in., and from Kan. City to
Pueblo, C ol.. 824 m .. with many branches In Kansas, A c. Through the St.
Louis iron Mt. A Southern, which It controls, connection Is had with Texas
and the lines o f the T e x. A Pao.. Internet. A Gt. Northern and the St. Louis
Southwestern, the whole forming what Is known as the "G ou ld System M
(sco V. 80, p.
The Mo. Pao. property Includes (July 1 1007).
L i n e s o w n ed‘ a n d c—
o n tr—
o lle d .
M il e s .
L e a s e d l i n e s , A c . ( C o n .)
M ile s .
St Louis to Om aha.................... 10 1 Other lines......................................
30
Other main line..............
075 Trackage to S t. Joseph, A c . .
21
Branches o w n e d ......................... 1.U1U
L e a s e d lines, A c .
BoonvlUe S t. L. A S o u t h e r n ...
44 T ot.M o.P ao. and branch lin e s.3.492
A ls o o w n s all c a p ita l s to c k o f C en tral B ran ch U n ion P a clU c. A c . , 388
m iles; S t. L ou is Iron M ountain A S o u th e rn and leased lin es. 2 .504 m iles.
G rand to ta l M I « o u r l P a cific m ileage Ju ly 30 1U07, 8 ,4 7 4 m iles.
E a rly In 1001 a large Interest w as a c q u ir e d In th o D en ver A R io G ra nde
R R ., a n d s o In the R io G ra n de W estern R y .. e x te n d in g th e sy s te m as far
w est as O g d e n , U ta h . T h o G ou ld a n d R o c k e fe lle r h old in gs In the D enver
A R io G ra n d e a rc to g e th e r u n d e rs to o d t o c o n s titu te a largo m a jo r it y o f
o n tlre ca p ita l s t o c k . See also "G e n e ra l Finan ces.*'
O R G A N I Z A T I O N , L E A S E S , A c . — T h e p resen t c o m p a n y w as n c o n s o li­
d a tio n In A u g u st 1880. om b ra eln g th e M issouri P a cin o an d m in or roa d s.
C o n tro l o f th o Intern ation al A G reat N orth ern w as scou red In 1802.
S T O C K .— T h e am o u n t o u ts ta n d in g on D e c. 31 1 0 0 0 w as $ 3 0 ,4 3 2 ,1 3 0 ;
rids w as Increased to $78 ,402,873 In tUOl; In 1002 b y $ 1 ,4 0 0 ,0 0 0 .
lti J juj.
1 1 ) 0 8 $1,04 5 ,4 3 0 , w as Issued as a 2 l* % M o ck d iv id e n d V 80 . p . 1840.
D1 V S .— V 8 2 '8 3 to *87 *88 *80 *00 *01 '0 2 to'OO ‘01 ‘02 t o '07
1008
Per e c ii t /0 H 7 y e a rly .
-i
4
3
N o n e . 2 )< 3 y e a r ly ,Jnn .2 MstU
B O N D S .— r h o rprisoltdnted mortgage Is fo r $ 3 0 ,0 0 0 ,0 0 0 — trustees J o lm F .
D illon a n d E d w a rd D . A d a m s— tho ba la n ce unissued Is In tru st t o redeem
p rio r b o n d s d u e If d e e m e d In s t.
A b s tra ct In V . 47 , p. 287.
T h e co lla te r a l trtisl b o n d s d u e ID 17 (U n io n T r u s t C o m p a n y o f N ow Y-»rk
trustee) nro secu red b y m ortg age b o n d s o f new roa d s a t $ 1 2 , 0 0 0 o r $15,000
per m ile: these e m b ra cin g the line from F o rt S c o t t . K a n ., t o p u e b lo c o l . .
A c.
For securities p le d g e d . A c ., m e V . 4ft, p . ft78.
C o lla ltr n l tru st b o n d s d u e In 1020. see V . 3 0 . p. 8 6 0 . 874 ; c o lla te r a l 'U»t
n otes d u e F o b . 1008, V . 83. p . 100.
T h e Is o f 1005 ($ 5 0 ,0 0 0 ,0 0 0 a u th o riz e d Issue) nro t o b e s e cu re d b> uh
e q u a l a m o u n t at p a r o f Iron M ou n tain s t o c k , th e d e p o s ite d s t o c k t* bo
n e v e r less than n m a jo rity o f th o o u ts ta n d in g a m o u n t, th e M o. P n c. c o v e ­
n an tin g th a t It will n o t p e rm it the cre a tio n b y tho Iron M t. C o . o f a n y s tock
h a v in g p referen ce or p rio rity as t o d iv id e n d s o r o th e r w h o o v e r the
• U
pled ged o r th e cre a tio n o f any b o n d e d d e b t o f th o Iron M t. C o . tn a d d U io »
t o Its b o n d e d d e b t a t present a u th o r iz e d , e x c e p t t o fu n d , e x te n d or reHru
s u ch present au th o riz e d b o n d e d d e b t , o r to t new p r o p e r ty a t a fair vain*' n ot
e x c e e d in g cost
T h e rem ain ing $ 2 5 ,0 0 0 ,0 0 0 ‘ 1 reserved fo r e x te n s io n * . Im ­
p r o v e m e n ts and b etterm en ts.
V . 8 0 . d 7 I2
G E N E R A L F I N A N C E S .— In 1003 th e M h sou rl P a clllo R a ilw a y C o . a c ­
q u ire d $ 2 , 0 0 0 , 0 0 0 W a b a s h R R . p referred s to c k an d the S t. L ou is A Iro n M t.
$ 8 ,5 0 0 ,0 0 0 a d d itio n a l, th e la tte r also o w n in g $ 3 ,4 3 3 ,0 0 0 o f the d e b e n tu re B
b o n d s , w hich w ere e x ch a n g e d fo r new bo n d s and stock u n d e r refu n din g
p la n .
See W alm sli R R .
S y n d ica te s In w hich th e G o u ld s m e Interested
h iv e p u rchased the W estern M aryland an d h ave co m p le te d a lino r o n u c c tln
the W a b a sh w ith P ittsbu rgh a m i b u ilt e a s te rly to a c o n n e c tio n w ith tho
W estern M arylan d an d tid ew ater a t B a ltim ore. T h e G o u ld Interests aro
a ls o b a ck o f th e W estern ParlOr R y ., b u ild in g be tw e e n S a lt L ake C ity an d
San F ra n cis co . See V . 8 0 . p . 1730.
V . 70. p. 1023.
E A R N IN G S . -3 m os . . 110 0 7
Gross. $13,101,680; net. $3,808,437
July 1 to Sept. 3 0 .
\ in on .
Gross, 12,185.508; net. i ,083,ii53

A N N U A L REPORT. Fiscal year changed to end June 30. Report for
year ending June no 1007 lu V . 85. p. H3U, 1147; ed it., p . 1115. Annual
meeting Is held at St. Louis In March. R eport of earns, o f Missouri Paclllo
s y s te m have been as below.
"O th er Incom e” In 1008-07 Includes; Int. on
T e x. A Par. 2d m tge. Incomes. $1,183,400; Wabash 1st ref. A e x t. m tge..
$158,528; Pacific Express C o ., $144,000; Cent. Br. R y .. $151,700; Den. a
R io G r.. $365,000; coal cox., $400,083; St. L0U18 W atkins A G ulf. $107,­
228, Ao.
■■ ■

Miles o p e ra te d , a v e r a g e ..

____ _

.

N et rnriltngs ............ ..
O th e r In co m e . A c

.................
. . ____

■ Y e a r s e n d in g June 3c) - — —

1008-07.

1003*06.

8 .375

6 ,2 7 6

1004 05.
8.2 0 5

18,188,272
3 .2 8 3 ,2 8 3

1 1,284,416
3 ,5 38.011

13.035,31)0
3 .0 3 7 ,8 8 2

Total earnings.................................... .$48,703,313 $44,566,821 $41,067,282

Total n d I n c o m e , . . . . . . .................. $10,471,353 $17,843,327 $16,073,273
$ 8 ,0 3 6 ,7 0 2
$ 8 ,l o t . 083
Interna ami rentals— . . .. ..................... $ 0 , 0 8 0 , 8 7 5
1,483,040
1.157,024
1.388,344
T a x e s . . . . . . . ------ --------- ..............
- .........
t . 228.628
1,110,508
1.060.768
Sundry accou n t*..................
3,800,875 (7 Ji) 5,830.305 (5) 3,81)0,867
D ividend*.......................... .. ......... (3

Balance, BUrpku* .............................. $3,807,228
$402,710 $1,541,310
Pres.. George J. Gould; Sec, and T rcas.. A. II. Cnlcf. 103 B 'w ay, N. Y.
Directors— George J. Gould, Stuyvesant Fish, Edwin Gould. Samuel
Sloan, J. J. Slocum . Howard G ould, Fred. T . Gates, Frank J , Gould and
James IT. Sm ith, New York; Charles S. Clarke, O . L. Garrison. W . K.
B Ixb y.S t. Louis. M o.; S. Davies W arfield. Baltimore.— (V . 85, p. 1646.)
(2)
MISSOURI PACIFIC SYSTEM— ST. LOUIS IRON MOUNTAIN
SOUTHERN RY.— (See M a p .)— Owns S t. Louis to Texarkana. T e x ., Line.
400 miles; branches to Belm ont, M o,, Bird's P t.. M o. (C airo), Camden.
A rk .. Helena, A rk., Cushman, A rk .. Arkansas C ity, A rk ., W arren. A rk.,
Memphis, T en n ., A c.; Houston Central Arkansas A Northern R ailway, MoGehce. A rk ., to Alexandria. L a .. 262 nt.; W hite River branch. Illinois Dlvision Memphis Helena A Louisiana East A W est. III. R y .. 1.534 tn.: total
owned July l 10O7, 2.286 miles. Leases Little Rock Junctlou R R: Kansas

A




IN T E R E S T OR D I V ID E N D S .

R A IL R O A D S .
F o r sx vla n a lton o t colum n headtnoa. A c . , art nolta
on first van s o f tables.

D ale
M ile s
of
of
Hoad. B on d s.

M is s o u ri K a n s a s 4 T s s s s — (C o n c lu d e d )
D a l l a s A W a c o 1 s t M * 2 0 .0 0 0 n m y . C « . c - G u a r
pr
M K A T o f T e x a s i s l M J 2 0 .0 0 0 p m .C a .c * | &
In te r.
B o o n v l lle B r ld y o 1 st M g o ld s in k I d - C s .o - J (e n d ) . . .
M ls s n u rl A N o A rk -A lU n h c n jr I m p l n o t e * . K . red
M is s o u r i O k la h o m a A (lu lf R > — l « t M * 1 0 .0 0 0 .0 0 0 -S S I
M i s s o u r i I’ a c l f i c — S t o c k ( * 1 0 0 , 0 0 0 , 0 0 0 a u t h o r i z e d )
P a c lD o B i t o f M o 1st M e x t e n d e d In 1 888 g o l d . . M e
S e c o n d M o a t In 1 8 0 1 In g o l d S t L t o K 0 . . . . 0
F i r s t M S t L o u i s r e a l e s t a t e e x t In 1 8 0 2 g o l d -------- 1
F ir s t M C a r o n d e l e t H r g o l d g u a r n A I ( e n d ) e x t 0 3
T h i r d M e x t In l o c o , r e d 1 0 S < V B S . p 4 0 2 , t 3 4 8 . C s
M is s o u r i P a c 1 st M L e x in g t o n t o S c d a lla , M o . g o ld
C o n s o l i d a t e d m o r t g a g e * 3 0 , 0 0 0 , 0 0 0 g o l d ---------- e G o l d c o l l a t e r a l t r u s t ............................................ ,---------U n . c - A r
F i r s t c o l l M b o n d s f o r * 1 0 . 0 0 0 ,0 0 0 g o l d ............... 5 U . C M o r t g a g e * 5 0 ,0 0 0 ,0 0 0 g o ld r e d a t 1 0 2 1 < .-.M e .o * 5 c r
T w o - y e a r c o lla te r a l tru s t g o ld n o te s
E g .c *
L e r A C n n e y V a l 1st M g o l d g u a r ( V 7 0 , n 1 0 0 5 ) . . o *
V e r d ig r is V a l I n d e p e n d e n c e A W 1 st M g o ld g u a r
K C A N W 1 s t M p r e f • 'A " g o l d I n t r e n t r e d 1 0 3 . M e
E q u i p A s s 'n o b l i g a t i o n s * 2 0 3 , 0 0 0 p a y S o p t 1 y e a r l y
do
do
S c r U g o ld * 0 7 .0 0 0 d u o M a r l y e a r ly
do
do
S c r C , g o l d * 2 8 2 , 0 0 0 J u n o 1 y e a r l y . ,M e
do
do
s e r D m F , g o l d * 1 0 3 .0 0 0 D e c 1 y e a r l y
do
do
S c r G & H , g o l d » M 3 . 0 0 0 y e a r l y - .............
do
do
g o l d * 7 7 .0 0 0 D e c I y c n r ly
Me r
M o P a c e q u ip b o n d s g o ld * 3 3 3 ,0 0 0 M a y t y r l y K c A r
M u P s c a y s le n i— St L o u is I r o n M l A S o u th e r n R y —
O e n c o n 4 I t r M < * 4 0 .0 0 0 .0 1 )0 ) g . . . . . . . M e e
do
do
g o ld s t a m p e d g u a r a n te e d p A l . . c *
U n i f y i n g A r e f u n d i n g 31 g o l d * 4 0 , 0 0 0 , 0 0 0 . M p . c *
R i v e r A G D iv a 1st M * 5 3 ,0 0 0 ,0 0 0 g o l d . M o . c * A r
C a r t r u s t s K t o 31 . d u o J u n e . S e p t A D e o y e a r l y
C a r t r u s t s S e r N t o P * 3 5 5 .0 0 0 o r * 3 3 7 .0 0 0 y e a r ly
C ar tru sts. S er K to V . a b o u t S4on o o o y e a r ly .. .
do
do
g o l d * 3 0 5 .0 0 0 y e a r l y . . . . . . M o . c A r
L l t t l n R o c k J u n e t 1 s t 31 g u a r p A I b y I r M t . . M e c ‘
P i n o D I u H A W e s t 1s t 31 g u p A I r e d 1 0 y e a r s 1 0 5

#7

225

1800
1802
1001
1000
1004

S ls e , or
Far
V a lue.

6 .0 0 0 .

283
283
”

5

200
55
1 ,0 7 0

1,120
071

1808
1871
1872
1873
1870
1880
1880
1887
1800
1905
1004
1886
1886
1804

1,000
600 A c
1 ,0 0 0
1 ,0 0 0

1.000

0,036.000

600 A c
5 .0 0 0

2 3 ,0 0 0 .0 0 0

1.000

5 2 0 .0 0 0
8 0 6 .0 0 0
1 ,0 2 6 0 0 0
1 .0 1 5 .0 0 0
4 8 5 .0 0 0
1 .6 0 2 .0 0 0

6 .0 0 0 . 000

1 ,0 0 0
500 A c,

1.000!

1002

1,000
1003
1,000
1003
1003
1.000
1,000
1 0 0 5 -0
1 .0 0 0 A c
1007
1,000
1906
1,000
1 .5 3 8 *81 - '8 7
1,000
1*038
1,000
1 .5 3 8
tsoo
1 .0 0 0 A c
730
1003
'0 5 -* 0 3
* " V ,6 6 6
1003
1,000
1 0 0 3 -0
1,000
1007
1.000
1801
1.000
1003

B O N D S . — G e n e r a l c o n s o l , m t g e . Is f o r * 4 3 , 0 0 0 , 0 0 0 , N o s . 1 1 ,0 0 1 t o 1 8 , 0 0 0
I n c l u s i v e a r c e n d o r s e d w i t h t h e .M i s s o u r i P a c i n o s g u a r a n t y olI p r i n c i p a l a n d
I n t e r e s t ; f o r m o f g u a r a n t y w a s I n V . 5 5 , n . 8 8 0 : t h e y a r e n d r a t l i o n o n 1 ,5 3 8
m ile s
iV . 8 8 . p . 8 5 . 2 3 3 . 3 2 0 : V . 7 8 . n . 7 0 4 . 1 2 2 4 .)
T h e g o l d 4 a o f 1 8 0 0 ( O r e l I s s u o J 3 0 .0 0 U . 0 0 0 ) m a y b o I n c r e j i s e d n o t o v e r
* 4 0 . 0 0 0 . 0 0 0 . a t * 1 2 . 00(1 p e r m i l e , f o r c o n s t r u c t i o n o r a c q u i s i t i o n a n d e q u i p ­
m e n t o f b r a n c h e s a n d e x te n s io n s .
T h e y a r e s e c u r e d b y a lie n ( s u b j e c t o n l y
t o t h e g e n e r a l c o n s o ls o n a ll t h e r a ilr o a d s , t e r m in a ls a n d e q u ip m e n t o f th o
c o m p a n y o w n e d a t t h e t i m e o f t h e m a k in g t h e r e o f a n d a ls o a llr s t a n d o n l y
l o g 1 n o t o 1ln d ^ n ^ u n * ^ n U ° !e <* r s e Y r U H l b r a n c h a u u <e s ! 1 o r et h c l 1r V n m h ^ m i d ^ s t o e k s

T h e R i v e r A G u lf D iv is io n s 4 s o f 1 0 0 3 ( p r e s e n t Is s u e * 2 0 ,0 0 0 ,0 0 0 ) w ill b o
s e e u r e d h y a 1 st lie n o n 6 7 7 m ile s o f r o a d b u ilt o r u n d e r c o n s t r u c t io n (s e e
a b o v e ) a n d o n t e r m in a l p r o p e r t y a t S t . L o u is , E a s t S t . L o u is , C a ir o e n d
T h e b M a n d 8 .0 0 0 a c r “ s o f c o a l la n d s In I ll in o i s , a m i d e p o s i t o f t h e b o n d s o f
tl o U n io n R y . o f M e m p h is .
A d d itio n a l b o n d s m a y b e Issu ed o p t o a to ta l
o f * 3 0 0 0 0 .0 0 0 a t n o t o v e r 1 3 0 .0 0 0 p e r m llo o f m a in lin o f o r n o w e o u s t r u e iie n
a n i T s i a 00(1 n e r m i l e o f s e c o n d t r a c k a n d b r a n c h e s , h o t n o t e x c e e d ­
in g t l i c a c t u a l c o s t , m i d f o r a d d i t io n a l t e r m i n a l s ..e q u i p m e n t , d o u b l e t r a c k s ,
I*
v
II
n
543
5 0 0 . 1 0 8 5 : V . 7 7 . p . 1 8 7 5 . a n d a p p l i c a t i o n t o li n t .
V 7 7 n' ’ (131 2 0 4 0
s e e a ls o V . 8 0 . p . 2 1 5 0 : V . 8 3 . p . 4 %
V . 8 3 . p . 222.
P U m B lu ff a W e ste rn g u a r a n te e d 5s o f w is V A m e r J c a n C o n tro l T r u s t C o .
o f S t . L o u is , t r u s t e e ). s e o V . 7 8 . p . 1 03 ; fo r m , V . 7 8 . B . 7 5 0 .
R E P O R T .
,v " r

- R e p o r t f o r 1 0 0 5 -U 7 lu V . S 3 , p . 1 1 3 0 . 1 1 4 7 , s h o w e d :
*
— » Y ea rs end. J u n e 3 0 - Y ea r end.
1907.
1906.
Dec. 3 1 * 0 4 .
- 2 .5 0 4
M ile s o p e r a t e d e n d o f y e a r .
. $ 2 3 ,9 6 7 ,» 2 0
$ 2 1 ,2 9 9 ,7 7 7 $ I 0 ,7 8 » ,8 2 9
G r o a s e a r n i n g s ........................
. ..
5 ,9 2 4 ,6 4 6
7 ,8 7 8 ,9 0 0
6 ,9 8 8 ,1 9 9
N e t e a r n i n g s ....................... ...........
n i h .t r r i c c l o l 5
1 ,9 1 8 .7 6 .1
1 .7 1 0 .4 3 9
1 .4 9 3 ,0 2 3
1 Q .8 4 3 .U I
9 ,6 8 9 ,3 0 9
5 ,4 5 2 .0 2 3
V i l n l n e t i n c o m e ’ ...................................
R ? m r e s t o n h o l d s .....................................................• 4 .4 5 2 ,5 7 1
1 .3 1 1 ,5 1 7
.1 ,8 8 3 .0 8 8
K
l i r l d n e t D n r u n l n l n , & < ■ --. ■
1 .3 1 0 .4 7 8
1 .1 4 0 ,1 1 0
1 .1 0 7 , 3 5 5
D W
W
i m d s . : . . : . . ! . ( 1 0 1 4 . 4 3 8 . 1)1)2(1 1) 1 . 1 1 4 ,$ 1 8 8 (10 ) 2 , 5 7 0 , 8 3
lla ln n e n f o r V e e r
. . ..................... S i i r . * 8 3 , 1 ,3 7 0 S u r . * t 3 , * 8 4 » u r . * 7 l 2 , l 3 l )
— ( V “ i f P . 5 2 7 . 11153. 1 3 5 8 : V . 8 3 , p . 2 2 2 . 3 3 1 . )
M I S S O U R I R I V F .R A N O R T H W E S T E R N R Y . — O w n s R a p id C llv t o
M v s tlo S U
3 6 m ile s : o p e n e d M e l). 1 0 0 B .
A re o r g a n iz a tio n A p r. m o t o f
D a k o t a I’ s c lf l c R l t
T h e W y o m i n g W e s t e r n H R . w is I n c o r p o r a t e d I n 1)107
b y nam e* I n t c i r s t s . t o b u i l d w e s t t o B u f f a l o . W y o . , 2 0 0 in .
V . 8 5 » .1 5 (1
F e l l i t n u ) 7 V It C r o u c h w a s a p p o i n t e d r e c e i v e r o u n e e o u i l t o f o i l f i e l d
t ie s a m o n g “ t o c k l m l d e r s : a ll c o u p o n s h a d b e e n p a i d .
v . * 4 . p . 308.
In
d J s.
1 0 0 7 'n c o m m i t t e e ( C h a r l e s K . i l o y t o f S o u t h N o r w a l k . C o n n . , S c
u

2 .2 0 0 .0 0 0
7 0 ,7 6 4 .2 2 ft
7 .0 0 0 .
2 .5 7 3 .0 0 0
8 0 0 ,0 0 0
2 3 7 ,5 0 0
3 .8 2 8 .0 0 0
6 5 0 .0 0 0
1 4 .9 0 4 .0 0 0
1 4 .3 7 0 .0 0 0

1 ,0 0 0
1 ,0 0 0
500 A o
500

D I V I D E N D . — I n I B lt a . 2 % : 1 0 0 0 . « : ’ 111. 5 : '0 2 t o ' 0 4 . 1 0 y ' r t y ; B I O S . 7 :
t u r n I y e a r 1 0 0 5 - 0 5 . 14 % ; 1 0 0 5 0 7 . 1 0 % .
V . 8 3 , p . 2 - ..,

^

$ 1 ,3 4 0 ,0 0 0
4 .5 0 5 .0 0 0
I 0 0 0 ,0 0 0

8 1 .0 0 0
1 ,0 0 0
1 .0 0 0

M O . P A C . S Y S T E M — S T .L O U I S I R O N M T . A S O U T H E R N ( C o n c lu d e d .
A A r k . V a l l e y I t n . ( a c q u i r e d M o r e l * 1 1 )0 5 ): S t . L o u i s S o u t h w e s t e r n R y .
a m t m is c e lla n e o u s . 3 0 7 tu lle s .
T o t a l o p e r a t e d J u l y 1 1 8 0 7 , 2 ,8 8 4 m ile s .
° llo ld i-r s o f * 2 5 ,5 5 8 u o o o f th e * 2 4 .0 8 4 .7 5 5 T e x o s A P a c ln e s e c o n d s e x ­
c h a n g e d t h e ir b o n d s f o r 5 5 % In n e w I r o n M o u n t a i n g o l d 4 s .
Seo "B o n d s ’
b e l o w , a l s o V . 5 8 . D . X 2 I). 3 8 0 . 4 7 4 . 5 2 0 , 5 7 2 . O i l ) . 7 7 4
A c o n t i n u o u s lo w - g r a d e H u e f r o m S t . L o u i s t o N e w O r l e a n s b y c o n n e c t i o n
w it h t h e T e x . * I’ a e . R y . a t C l a y t o n , L a ., w a s c o m p le t e d la t e l a 1 0 0 7 .
B r a n c h fr o m S p r in g fie ld . M o ., t o C r a n e . 3 1 m ile s , w a s o p e n e d M a y 1 0 0 7 .
a n d Is t o b e e x t e n d e d n o r t h t o lJ a g n c ll. a b o u t 1 0 0 m ile s .
E x t e n s io n fr o m
I 'i u d o r n , A r k . , s o o t h t o C a t v l t . 3 7 m .
w a s o p e n e d D e e . 1 0 0 7 . a n d fr o m
G o r d o n , A r k . , t o W o m h l e , 0 0 m , . In J a n . 1 0 0 8 .
S T O C K . — S t o c k a u t h o r i z e d . * 1 3 0 .0 0 0 .0 0 0 : o u t s t a n d i n g * 4 4 ..1 0 5 .3 7 3 . o f
w h ic h * 4 4 .3 3 0 ,5 0 0 D e e . I 1 0 0 7 o w n e d b y M is s o u ri P a e llle .
S ee b etow .

y

A m ou n t
Outstandlno

100

.......

o fT

I VOL, LXXXVl.

RAILWAY STOCKS AND RONDS.

94

y t m ^ ‘ ^ * j ^ ^ s ' ^ ^ ^ ® ^ 5 o o % O O fte a o h o r c o m .^ o i u M | j r 6 u D ) ? n

a n d t h e v o t i n g p o w e r o n t h e p r« f * *^r o v J ? . 1
“n * 1 0 1 ? — ( V F 7 ■»**«‘ m i
|me l e a s e : V . 6 8 , p . 4 2 0 . 1 1 3 4 : V , 6 9 . p . 3 9 1 : V , 7 1 . p . 1 9 1 f t . — I V . 7 . . , p .1 .1 7 .)
M O B IL E

JACK SO N

A

KANSAS

CITY

R R .-{ S O S M a p .) — O p e r a t e * :

M iles ,

M o S l f c . " A l a . . t o M id d le to n . T e n n . a n t i j E t i l s v I U c J e t . t o E l l l a v l l l c , M ls s i.
B e a u m o n t , M i s s . , to H a t t i e s b u r g - 2 7 I
n ..„ .
,
T o t a l ( l o o m . 6 9 l b n n d .192 m . 7 l» * lb . H tC tlV UltU S
L
V
i
l
i
o 02
R E O R O A N 1Z A T I O N P l . / Y N . — T he* p l a n o f r r o m a n l M t l o n I s s u e d I n D m .
1 0 0 7 , K iv u n I n V . 8 5 . p . 1 6 7 7 . p r o v i d e s f o r t h o f o m i a t l o n o f a n e w c o m p a n y
t o b o I’ r t llc d t h e N e w O r l e a n s M o b i l e A C h i c a g o R R . . t o t a k e o v e r t h e M o b i l e
J o c k x o n A K a n s a s C ity a n d G u lf & C h lo n g o . a n d e v e n t u a lly e x t e n d th o
k yv x
k t cr m ti no tthi*
TU
n di t o N e w O r l e a n s o n t h e s o u t h a n d
a
h e O h io R
i vwe 'rr o n t h e n o r t h a m
Th
h oo n
n ee w
w cc oo m
m p a n y w ill f o r t h w it h Is s u e t h e
b u ild n ceexM ary b r a n c h lin e s .
T
MC OurUlea s h o w n b e l o w :
_ . #

N ew S ecu rities—

1

C o m . s t o c k ( $ 2 .1 . 9 9 0 n o r m i l e ) . . . . .
P r e f . s t< x * k 6 •’ :> ( $ 5 , 0 0 0 p e r m i l e )

,

..

1st 60-year gold 5s ($.10060 per mile)

**S»S28‘888
-

30 .oiio.000

'

Par, N o w lasuahh-

$109
190

-----

$ 8 ,0 7 3 ,8 9 0
0 5 0 .6 0 6

0.306.663

. Tr hi i o b o n u
r> •
d s o f t h e o b i c o m p a n i e s w il l r. e c e i v e p a r I n, n e w p o n d s f o r p r l n
1008 oil the old
d u a l n n d p a r In n e w p t e f . s t u c k f o r t l i a e f f a n o i a > u « J a n
B o n d s a m i t h e t h r e e c o u p o n s o f J u l y 1 1D*)8 a m i J a n . a n d J u l y 1 0 0 8 , w h i c h
a re to b e r e m o v e d fr o m th e n e w b o n d s ,
I h e o l d s t o c k w i l l r e c e i v e p a r In

syndicate formed by the Interests now In eonlr,)l lias ayreed to assume
thcjtloatlny debt of tbo present companies, ayyreyatlny *1.834.262. accaiit-




%

W hen
Payable*

M
5 g
M
6 g
M
4 g
0U05 g
r>
M
j
te x t
0 0 04 g
F
J
5 g
M
3 g
4 W g A
4
M
F
5 g
M
o e
M
5 g
F
5 g
M
4 g
F
5 g
5 g
J
M
5 7.
5 g
J
6 g

N
8
N|
...I
A
N
A
j
A
A
A
J
A
N
A
o
A
N
A
A
A
N
S
A
A
A
A
S
A
A
A
J
A
s
A
J
— M

Q— M

U
3 it
3 g

3 7 .2 2 8 .0 0 0
6 .0 7 4 .0 0 0
3 0 .4 6 0 .0 0 0
2 0 .3 5 3 .0 0 0
1 .0 6 8 * 0 0 0
1 .8 0 3 .0 0 0

4 (T
4 tf

3
5
a

3 ,0 5 3 * 0 0 0

5 0
6

3 .6 6 0 .0 0 0
4 3 5 .U 0 0
8 8 0 .0 0 0

ft ir

Where P a ya b le , and b y
W h om .

A
A
A

666.000
1 .1 4 4 .0 0 0
6 0 3 .0 0 0
3 .3 3 0 .0 0 0

A

X

A O
A O
A
J
A N
Q u a rter
Q— M
q — M
Q — 4!
A
A
O
A
A
O

do
do

do
do

Honda— P r in c i­
p a l. W h en D u e .
Stock*— Last
D le lJ e fu l.

Sept
N ov

1040
1042
1031

1
1

Oot 1 1011

do
do
do
do
do
do
do
do
do
do
do
do
ilo
do
do
do
do
do
do
K n ic k e r b o c k e r T

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
r C o ,N Y

do
do
do
do
do
OO
do
do
do
do
T o w n s e iu l W h o lc n A C o
do
do
M e r e T r C o , N Y A P h lla
M e r c a n tile T r u s t C o , N Y
N e w Y o r k a n d S t L o u is

N ov
1 1 0 14
J n n 3 0 '0 8
Ante 1 1 0 3 8
J u ly 1 1 03 8
M a y 1 1038
O ct
1 1038
J u ly 1 1 03 8

Aug

%

l 1020
1 1020

N ov
Jan

1

Aug

1017

l 1020

1 1045
M ar
F e b 10 1008
J u ly 1 1026
M ar
1 1026
Jan
1 1033
S e p t 1 0 0 8 -1 0 1 2
T o M ur 1 1011
T o J u n e 1018
T o Do
m u
T o J u n e 1016
T o D ec I«1 6
M a y * 0 8 -* 1 7
A p r il 1 1031
A p r il 1 1031
J u ly 1 1020
M a y 1 103.1
T o D e c 1912
T o J u n o 1013
T o J u n e 1014
T o J u n e 1017
A p r il 1 1016
O ct
1 1928

I n g n s s e c u r i t y $ 1 , 3 3 4 , 2 6 3 In b o n d s a n d $ 1 5 3 , 4 2 6 In n e w p r e f . s t o c k .
O f
th e b o n d s . $ 1 7 ,9 1 0 ,0 0 0 , t o g e t h e r w it h $ 2 ,9 8 6 ,0 0 0 p r e f. n 'j j T f U
c o n i , s t o c k w ill lie r e s e r v e d f o r n e w m il e a g e .
H ie r e m a in i n g $ 2 .4 1 ) 4 ,3 3 7
b o n d s , $ 1 ,0 6 3 ,4 3 4 p r e f. s t o c k a n d $ 2 ,0 9 1 ,2 9 0 c o m . a t o c k w ill r c n m ln a v a il­
a b l e In t h e t r e a s u r y , a p a r t t o b e g i v e n t o t h o s y n d i c a t e , w h ic h w ill s u p p l y
$ 5 9 0 ,0 0 0 n o w m o n e y . v Ib .: $ 2 0 0 ,0 0 0 w it h in 3 0 d a y s fr o m t h e a g r e e m e n t
b e c o m in g o p e r a t i v e n n d $ 1 0 0 ,0 0 0 e a c h 6 0 d a y s t h e r e a ft e r .
1he obi b on d ­
h o l d e r s a r c t o h a v e t h e r i g h t p r o r a t a t o t a k e a n I n t e r e s t III t h e s y n d i c a t e .
i n J a n . 1 0 0 8 $ 7 ,2 7 5 ,0 9 0 o f th e t w o o ld Issu e s o f b o n d s , It w a s s t a t e d , h a d
a sse n te d t o th e p la n .
T h e n e w c o m p a n y Is e x p e c t e d t o t a k e p o s s e s s io n
<,UT h c s V f t i J > m ) ° c n r t m t t 'S ' t f t ' o n o O S m a t u r e $ i 4 . o o o m i a r .
V . 6 1 ,O r l jjo .
E A R N I N G S . — F ro m J u ly 1 1907 t o D e o . 21 1 9 0 7 . g r o x a , 4 7 7 5 ,8 6 9 .
a g a in s t $ 6 9 3 ,1 0 9 In 1 9 0 6 ,
F ro m J u ly i l o o « t o J u n e 2 8 1 9 0 7 ;g r o s s * 3 1 .­
6 2 4 .6 6 4 , a g a in s t $ 1 ,0 3 6 ,2 .1 6 lu 1 9 0 5 - 0 6 .
| ln
| gc J-------Vi8 0 5 . In V . 8 4 . p . 0 8 . - U n w e d ( 3 0 1
R ' E p l i R Y . - ------------------------|
F o V m t 0,'L d
u n e 1300 I 1
n v e r a g o m ile s ):
G r o s s , * 1 ,0 5 3 , 5 ) 1 2 ; n e t ,. 1
* 33 11 0. ...0-------4 3 : n. b a r g m . t a « s . A c
9 0 4 -U
- 0 5 (12268 98 n v . tmn li b
2 8 1 .0 1 8 :
A b . s n r .. * 2 0 .0 2 7 .
In 1
I II
le s ), g r o s s . * 0 7 7 ...2 8 .
O F F I C E R S .— P r e s .. L . S . B
D ee r g ,. 3
.1 N oassflA
s aU
u S t ..,, N . Y :
V . * l . . W . D.
S tr a tto n ; S e c. a m i T r e s s .. G e o . W . C ra ry .
«
D ir e c t o r s — W . D . S t r a t t o n . A le x . M c D o n a ld . K . K . 8 t ft llo . C h a r le s E .
L evy. R . W
J o n e s J r ., o f N e w Y o r k ; R . I), S r n n d r c t t
* W * ''i ™
'
W illo u g h b y . O e n . J . W . W h it in g , M o b ile .— (V
8 5 . p . 1 5 7 7 ; V . 8 6 . p . 6 2 .)
M O B I L E A O H I O R R .— {See M a p S o . R y A — O w n s f r o m M o b i l e , A l a . * t o
C o lu m b u s , K y . . 4 7 2 m ile s , p r o p r ie t a r y lin e , K e n t u c k y A T e n n e s s e e R R . J O
E a s t C a ir o . 21 in .; b r a n c h e s t o C o l u m b u s , M l s s . , A o . , 3 4 u i .; C o l u m b u s , M is s .,
t o M o n t g o m e r y , A l a . , 1 6 7 m .j M o b ile A B a y S h o r e B r a n c h . 3 8 in .; w it h W a r ­
r io r B r a n c h . A c . . 2 3 i n ., a n d I l l o c t o n B r a n c h , 12 in .; t o t a l o w n e d , 7 6 7 m ile s ,
S t . L o u is A C a ir o ( l e a s e d ) , C a i r o t o S t . L o u i s , 1 6 2 m . . w it h b r a n c h t o M illa t a d t . 7 i n . : t o t a l .T u n c 3 0 1 0 0 7 . 9 2 6 m .
O p e r a t e d In d e p e n d e n tly .
In 1 9 0 7 t h e S o u t h e r n R y . h a d a c q u ir e d $ 8 ,9 0 7 ,0 0 0 o f t h e $ 9 ,4 7 2 ,0 0 0 g e n .
4 s a n d $ 3 ,6 7 0 ,2 0 0 o f t h e $ 6 ,0 7 0 ,6 9 0 ftto e k . I s s u in g , d o l la r fo r d o l la r , Its c o l l ,
t r u s t 4 % g o l d b o n d s In e x c h a n g e f o r t h o I f A O . g e n 4 s . s e c u r e d b y a p l e d g e
o f th e ta tte r a n d a ls o s t o c k t r u s t c e r t h lc n t c s fo r s t o c k , d iv id e n d s b e in g p a y a ­
b l e ( A . A O . ) a t 4 % in p e r p e t u i t y t h e r e a f t e r .
D I V I D E N D S .— 1 89 8
1 % ; 1 9 9 .1 , 2 ; J u n e 1 0 0 4 . 2 % * t o o . i
6 % ; 1000.
J u n e , 3 % ; D e c ., 2
% ; 1 0 0 7 , 3 * (. j a I j i .
S ec p a ra g ra p h » b ° v e .
S T O C K . — S t o c k a u t h o r i s e d . $ 1 0 , 0 0 0 , 0 0 0 : o u t s t a n d i n g . $ 6 ,0 7 0 ,6 0 0 ; p a r .
$100.
T h o v o t i n g p o w e r o n $ 4 , 9 8 4 , 2 0 0 o f t h e s t o c k Is e x e r c i s e d b y t u o g e n .
m t g e . b o n d h o ld e r s b y v ir t u e o f d o p o s lt o f o ld d e b e n t u r e s o f 1 8 7 9 .
B O N D S . — U n d e r t h e c e n t r a l morUjaye o f i s s s U c r o c a n b o n ° f o r e c l o s u r e
t i l l f o u r c o u p o n s a r c li t d e f a u l t .
M o rtg a g e a b s tr a c t. V . 4 7 . p . 8 3 .
v . 00,
p. 967.
I n t e r e s t o n $ 4 , 0 0 0 , 0 9 0 S t . L o u i s A C a i r o 4 s Is « ‘ « f 6 n t e e d . A s t o
M o n t . O l v . 1 s t 5 :», s e e a p p l i c a t i o n V . 6 6 , p . 1 0 1 8 .
J
1
"fli
5 7 o e q u i p m e n t n o t e s d a t e d O c t . I U W » g u a r a n t e e d b y A m e r i c a n (.•( r A

,1

1 ° O f t h e 5 2 ,'3 0 0 .0 ()O r o l l a t c r a f t n ia 't ‘l s ^ ) f J n o • * “ D1 % 'e o ^
70° n 8 * ! * * 0 In
e x c h a n g e f o r t h e 1 6 .5 0 0 ,0 0 0 S t . L o u is A C a ir o s t o c k . S e e V . 7 0 . p . 0 3 ... In

t0Q ? »6i4foOQO >tpok hftd beeiiexchanged^

^

E A R N I N G S . — 5 m o H . . \ t o 0 7 .............. G r o s s
J u l y 1 t o N o v . .1 0 .
/ 1 0 0 6 ...............G r o s s ,

$1,264,214
4 ,1 6 6 . 3 6 . 1 ;

n et,

p. 1336.
— R e p o r t f o r 1 9 9 6 -0 7 In V . 8 6
1003,
1006.
Y ea r 1 n o tr iy ./u n e 3 9 —
1007.
026
026
M ile s o p e r a t e d . . . . . . . .
026
$ 8 ,2 6 7 ,6 0 1
$
0
,
4
4
5
,
0
2
7
T o t a l g r o s s e a r n i n g s _____ $ 1 0 , 7 3 9 , 5 1 0
2,616.716
2 ,0 0 0 * 4 9 3
N e t e a r n in g s .
. ............
6 ,1 1 6 .4 3 3 , 7 1 1 ,0 5 3
3.025.393
N e t , I n o l. o t h e r t n r o i n o .
3 ,2 3 0 ,8 6 1 ,7 5 4 , 7 2 3
1,816,483
I n t e r m t a n ti r e n t a l s . . . .
1 ,9 9 3 ,9 0 0
R E PO R T

Balance. .......................... .... ....
D lV lO cm U p a i d ................(» )» « l,U iO

0

Kqulp. A new cointriio.
a ii.a aa
Sorpltis
.................. ~ *420.258

*l.J 0 0 .8 » jt
Ib ltii

a

M ALONE

1.050
?

k R .— ( « »

1 .2 3 6 ,4 0 9
1904.
012
$ 7 ,7 8 9 ,7 0 6
2 ,3 . 1 9 , 7 9 6
2 ,4 6 2 .8 2 0
1 ,6 7 7 ,5 8 7

5 70*

l - , *$ r .

T*6,ia»
* 18 2.0 GO

- ( V . 85. P. 18uu. .155, V. SI. P,M. ?
M O H A W K

T r e k ^ T ^ r B a m W .
O f t l ? c . f t i p l t l C i t y . « . D . - ( V . 8 5 . p . 1 6 7 7 .)
u o n i i p t. n t D M l N Q M A M R R .— (See M a t). * S o u (ftcrn R y . ) — M o b i l e t o
M « l o S J c t . . A ? a .. w th b r a n c h e d : 150 m lk S T
L o o se d to S ou th ern R y .
S n m Unh
lR O Q f n r 9 9 v r n r s t h o l a t t e r a g r e e i n g t o m e e t t h o I n t e r e s t o n
t n \ n m r a n t c o aV d i v i d e n d o i l t h o $ 0 0 0 , 9 9 9 p r o f , s t o c k o f 1 % f o r
l o r s ^ n d y c a r n n d J % fo r t h ir d y e n r . a n d 4 % fo r t h o fo u r th
y e a r a m i t h e r e a f t e r . T h o $ 0 0 9 , 0 9 0 c o m m o n s t o c k la o v r n w ^ ^ 8 o u t h o r n R y . ,

Rats

*155.270

»
X'

I
iH’. u

““
*212,027

. l - owu* from
‘

8 0 0 ,0 0 0 r e s e r v e d t o r e t i r e a t r a a t H r l t y t o o G t s *

, « < , « • ? , * * ' " ’ ,0 0 0
f o r I m p r o v e m e n t s a n d e n la r it e n ie n t s .— ( V . 7 4 . p . 8 3 0 , 8 3 J.
" M O N O N ." — S e e C H IO A G O I N D I A N A P O L I S A L O U IS V L L K R T .
M O NO N O A H E L A R R ; -r U r o w ..s v ^ • ^ H a 'S n S 'p i t f S S S . w S . V l i . m s ' *
e o n n c c t fn ff w it h t h e F l t u b a i f h A L a k e E r lo
,
an
b li ee a
a tbioo vv eo )l ,.
C h a r l e s t o n ( P e n n . n y s t . I n e s ) w h i c h g u a r a n t e e tt h
h ee b
h oo n
mdl ss ( ss ei ee tt a
S
P
nn
n .. R
p r i n c i p a l a m i I n t e r e s t , l>
b yy ee n
nd
d oo rr ss ee m
m ee n
n tt ..
S tt oo cc k
k .. J t . 4i -. 83 .,0” 0o 0o ..
i ce n
KR
i t ..
a n d P t t s b i t r c h A L a k e E r ie e a c h o w n * 7 1 4 ,0 0 0
^
1 8 0 3 , e r o s s . * 7 1 0 .7 8 3 : n e t . I n cl. o t h e r I n c o m e . * 2 4 4 .3 2 0 . c h a r y e s , * # 2 ,8 0 8 :
o x l r s 'o r d l n a r y e x p e n d i t u r e s , s i o i . 0 5 5 ; b a t . , » u r . . * j S 0 , 7 5 7 .
MONONOAHEL a r i v e r r r . — ltoad from Fairmont toUUrtabury, w .

z)iarantee

Va., 3* miles, Road opened It) 1800 . B. A O. owns all or the *1,3UO.OOO
stncV (par *1001, the eoal bonds belny re d u ce d to 1 1,000,000. Car trust 8s,
principal June 30 1807. Jlou.nnn. — (V. 70. !>•
1 M O N T a n a R R . — l . o m t m r d , M o n t . , t o L ev i I s to w ^ n . 1 8 7 m , a n d b r . a m i l e s .
I n M a v 1 0U 5 t h e O h l e . M l l w . A S t . P . a c q u i r e d t h o r o a d .
V, M , P. U I2 .
' " s t o c k , a u t h o r i z e d . J 3 .5 U O .U 0 )), a l l O M s M I lj U l lS . P » j ;
SI
t h e * 2 ,0 0 0 .001) bonds Issued mi i l r s t t o o t n l l c e , *888.000 t f o s t a m p e d r e ­
d e e m a b l e a t i o s a n d i n t . o n a m o u t h s ' n o l l c e . t b o r e m a l n l n f f * 1 . 0 0 1 .0 0 0 b o Illy h e ld b y t h e O h t r a y o M i lw a u k e e A S t . P a u l .
(V . 8 . . p , 1 2 1 -.)
t o S ^ h l n °NMEYR W
e i? f c
. ( fn M.8 ^ 2 ‘ ’ t o I' M
i l^
;S
I s * i7 m o ‘ p e r a n n u m !
S t o c k . * 1 3 0 ,0 1 )1 1 .
D i v i d e n d s ( 4 1* % p e r a n . ) a r ,
p a * ) M a v 10 a n d N o v . 1 0. S ln k ln y fu n d . * 8 .8 0 0 p e r a n n u m . T h e r e s r o * 4 0 ,-

l l , ) l o f T / . i' a
a
' u h V f )»" R V . — P ro jec te d from Irnpnnto. S t a t e o f
G u a n a j u a t o . M cx .. on the Mexican Ocniral l l y . , sou th to Arlo, 22 5 miles.
Including 2* miles o f side tr ac ks , of which 55 miles from G u a n a j u a t o to

8i.Cb*rl«M

lKgOfTgl _ tf

Smithbon

t*onr o.

IQU. )
r cLCvrCi.tr

n irllclA S

A*ul>TiiT

tfU T w i i

B lsm an k

r*

Terr©

KlvcnUl,

M

(

S \

0

Y O rayvU lA

7 U

Z r ~ 7 ---------- 7
rjorj' LtlMuoy J

SUawoootoi

0 rwtitl Ti

jth^TforX infii>ldk
Do Kutoo
%

vJ*njvId « u

AUenvfliu
,l£ » l in « \ / ’

On*i,,hi»

Fords* U&~

i.(m}v

i»HO
^ waoocj
Ug# 1 ®

Dc*U>r

lake
UolA %
jt MM l
CL'.ui*UHardin
*v4Dexu f
FHAIno
JWJIurrai
lUxrl
iPur/eor

1

Doniphan'

Neeljrsrliu

Hardy

,

MAP OF THE

N A S H V IL L E , CH ATTAN O O G A

rOakianUCy./ Uunttugborg'
Lnooln

xv>r*
M*E?Do^

AnuvVijii

.e .F T .i . ^ w ntiMiw,,
Burn li Aia HunwY.

fe
»*»

*t-Ca,

V fO u n M

T oUmI

4

^oV

*»Wngtoa

w
’CFFERSpN
CITY /

Uflavin
nis town

E
a

MtoZj

^

l*wreiiA^*bw\ Wine!

BhimiHold

Durgib

D Springfield

JuuctkmCl]
K * i V --------

Mammoth

W THA

Thud

l^-Uluga Mk
#^>Glaag©w
h o m u n o anttN
Mimt/hls Jo.

____ _

A N D

^ T » w » pU \
Norton

Bobbie* i
rMJC
CE.V

RlpJpjV

M

'/

NOXVILI.C

Iron Hill
LYLCft
"'Rodeinct
0QMB
GooGibb

l

•rjVUl* Jc.

Q IflfOBl

"?fe<

Pomona

^ A f^ p H A T T A N O O i

Nttt

ORISTOl

jruioo"

Vjrcrt

'

CUx>di|ioi

Middle* bo

Uthrlv

at

•Batenxli]

.

Barbu«ir*viUo.

'Olden,

C cG .r*n j

c o n n e c t i o n s

Ccrfcti*

iScottsvUlo

.Hu-rilli ’..i

S t . L o u is R a i l w a y

UlMK

Nortir»,t tiln

BUtou

@

older

Irlaod

IOT •!

' MxryTtlle

MC MINNVILLC

irrrncviLLt

*HCt»YvjtL|

)

Burra!'KlmmSn*
SjIo!«j*tU

_^ T u n m t Cy.
(jy fltlUway
^^Bruuawlck
f

'Wynne

Telllro Jc.

s s js s

"^Id U coj

AILCNS CMCCI
'McJTQry

Brfikle
Xo«wtr
fc’an'udon

Rhodo

Tallaj
Tailor
F ^VCTTCVi

Savannah

y C W 'Scvan N j u w

W W vE

ttanoog*

L—» ■ .-*► «

iCorinia

ln« City

^Clevnlanl
[OatiUttA

x<#- Martens
ij c r r ^
#£■

Bi n u d e

Rob Roy

8wan L.

iSenatebl*
VCciahi*ma

f Kagle Nest




i*-' mVWUI
^M cD aniel*

Courtlahtr

*Ncw Albany
OxTonl

nderson
;inoston

Spruce Pine'

iClarkMlalo

ReedvUlei

I HUNTSVIVLChF ^ L

Boonerillo

b t otvrr

| ’ w.lcr Talley g

(Pontotoc

FalXrUlel

1B| la
Aberdeen Jc.

TllUtoW

X o ld o n

WTncn*

West Point

mwood

SUrtrlUe,

eUNTHtnavittettB

W; the lYUS

A lbert vUleW
Mountninb^roX

Houston
Blount Sprt.

Parsons.

OHttNVlUj
■Talialab Pal

B r il K o r i n - ^ ^ c o

Galnesrllli

Lula

Cenfrortlh

iSDCFt

Cordo<
Uiford
BIRMINGHA!
Bc^^raor^

LcDonuugh
SVLACAUQA




RAILWAY STOCKS AND BONDS

JYN., 11)08.]

N E W

Y O R K

C E N T R A L

NEW YORK CENTRAL & HUOSON RIVER RAILROAD

L IN E S

MICHIGAN CENTRAL RAILROAD
CLEVELAND. CINCINNATI, CHICAGO & ST. LOUIS RT,

LANE SHORE & MICHIGAN SOUTHERN RAILWAY
DUNKIRK, ALLEGHENY VALLEY A PITTSBURGH R. R,

NEW YORK.CHICAGO A ST. LOUIS RAILROAD
PITTSBURGH & LAKE ERIE RAILROAD

LAKE ERIE 4. WESTERN RAILROAD
CHICAGO, INDIANA & SOUTHERN RAILROAD

RUTLAND RAILROAD

INDIANA HARGOR RAILROAD (Dill Urn)

TORONTO, HAMILTON & BUFFALO RT.

m dlcrc Jc.

SLTIte Jc.
.Three Rivera]
St.Guhrld

Trackage rights shown by black
dots,
Sudbury

Ik’ H lifer Jc .

Juliette,

/s t Leonard Jc.
.

.iU 'eu ri
Soitsl
7

^

JUdUQOwt
Scot hi Jc.

Jlftdusv

__y/atcrh

Renfrew
>viI
ttwo-Sit ..I

VOWS Sound
Carletj
H alibuvion

fluntlPtf»o».

Banerfrtt

\Coles

Chiij1

Sharbot

Urovei

foCNSt
jockvllh

Coboconki

lltlllgwOCK^;

Ji»K«nlk

r*f
jc. ^
B urlington^
Slodtp.cUot-.

I omiTu);
it ^ IIIIcur)
ll&ljlv//,
l

lluj woa

Bcofon'

THchfori
BkAlbuu

J

I* «UVS»/
SleSM Mtv

•IntoII
*AOAM»
LACUNA 1
LrtlCHLANO

TRANSIT.

route n

LUVO S a f i w /

North Y [fa
Creek \\ tr

[Utlulld

V

'Windsor

RwuliEwier

DUdwcU?

fllorllin
tlNPONYy ^yOMS L r**

Keoni

AlUVtvU
fortland'
thvlllo
i V)xfor*

N/rwlch

AAVINA’
CO»S»CKit.

f c*T**T*-j
»‘ vo«rfr?t» 4

' “ /W alton
folttn

»AL«

[Hancock

g g f LAwMHCl, iLCC
Mold rose,
T^wando 1
jVrioA^e a(
ANSONIA'J Al ^ * ' MORN'S AV'

laviLL^ p,

cr&

»

KlknOlUe,
L «*C%T&^
ll.c.*
.v7 ru
W
Hlii^tORYj
(^TjuikiiR axel
IdtlsSn
,

.HA'llYylLltO
inawom
Q\

conncAs

kino-

<&hhc IU'V{)^,

fmcbjii* L t»

MontaukPt.

I

l/ miw oastliJA
1 m * CA*TLt ICC.

A.livrooo CY. n.

MBBlMBiry A*
•ONTOltfc 1C. \
(dM’W
Ain
ill H
toe**.
OCM
V 'O '
.PI T T 8 B U B G H ti> Y civ V o i
lCHMONT*
ilMCKfCepoWi~ ' '/ k A
I
ahi|>jH.,fi*h,Jr,
mm»aaa>«u \
Hertford

■+

Branch
UordctiU"

I’liieiiy'
inco^jp

‘phTlad .uphj^ 5 \ \ c »iw »°

Oc/iyA^urg

^ • o l cand

w■_

Mm
A

Ov-J— ^Keyset ,/
/ ip
tif'" l <y
uoimcy (
i
IT \
WlncljtA.tor,

JF g'

Volcano Jc.

1I iUlctn (y.

lUtTfa
0A lr,*i<

rftngLCH -pjtiTibura*

W eston

Kiuuui

°

u

y

l

^ ^
/ »itrfubttm
.'■ ‘ T----WASHINGTO'

Button
UrviMidalv

/O a lf i b A Y W

)

/ Camden on
sJl
Uudtoy
Y1Thurmond,

Orange/
7 Frrd«rlck»b\ii
[tlonlonivUle
^ArloU w vtlU
^AlUertna

tiCWMONO
w.*pt;

iimioS=5*¥
■■^QiJiiOc V/
•nmontiA
ItadtunJ

PotfreU

ruontM>ke

fharles

,IaIam«V \
.—C
\ t'n'tilFtllc
NtW'

<lia pt. Comfort

llocky M ount
buifolk

Danville




.Window J*

!l»

RAILWAY STOCKS AND RONDS.
R A IL R O A D S .

For explanation of column headings, A c ., see notes
on first page of tables.
Mo Rivtr A Northw— 1st M gold >1.0 00,0 00 red (text)
Mobile A lilrtnittvhn rti HR— l’ ref 6tOck ($ 9 0 0 .0 0 0 )____
Prior lien gold $ 0 0 0 .0 0 0 ............................................. Ce.o
First mortgage $ 1 ,2 0 0 ,0 0 0 ..........................................Mo.c
Mobilo Jack & K C— 1st cons M $4,000,000 gold.C c.i:*
Oulf A C 1st M $5,000,000 gold guar red 110 . . Ta o*
Mobile A Ohio— Stock................................ .........................
First M Mobile to Columbus (principal gold) . . . . F . o
First M exten Columbus to Cairo * branch go ld .F .e
General mortgage for $10,500 ,000 (now gold) 8 f.P.c*
Montgomery Dlv 1st M $ 4,000,000 g o l d . . . Cc.c*
Collateral trust gold ($2,500,000) call at p a r .. _ O.o'
St Louis A Cairo drat mortgage gold Interest g u n r ..c
Mobile 4 U S h 1st M $200,000 assumed g o ld . P.c*
Equipment bonds (m ostly 6 s ).................
Equipment trusts "A** 4 r' B " $500,000 each sink fd
do
do
Series A C F ....................................
do
do
Scries " C ” due semi-annually. N
do
do
Series " D " gold $34,000 due s-a
„
do
do
Series 13. gold $10,000 due s-a. a
Equip notes $ 1 , 21)0,000 guar duo part scml a n .M S t.c
Joint equipment notes <$t).r>ou duo semi-annually)
Equipment notes Raid win Locomotive Y \ o r k s ...I .
Moh A Mai— 1st M $15,000 p m g g u p 4 1 (end)
K.o*
Consolidated mortgage $ 1 0 , 000,000 g o l d . . .a . o * 4 r
Monongaticbi RR— 1st M $1,500,000 Joint guaranty
Monongahola River RR— Ronds— SCO B A O R R .
Montana RR— First mortgage gold $ 2 ,0 0 0 ,0 0 0 . Ce.c*
Montgomery A Erie Ry— 1st M (old 7s extended in '8 0
Morelia A Tncnmbaro— 1st M gold (see te x t). . U§me*
Morgan'* La 4 Texas— 1st M (New Orl to Morir C).P.o*
First mortgage Alexandria Extension g o l d ........... r
General m ortgag e,..................................... ..................
p
Morris A Essex— Stock 7 % guaranteed D L A W .
First mortgage, g u a ra n te e under lease_____ . B*
Cons M (for $23,000,000) guar D L A V V ...U s .o * 4 r
Plrst ref M gold $ 5 5 ,0 0 0 .0 0 0 guar p A 1 (e m l).P .n * 4 r
Special real estate bonds.......................................
Morris A Essex Extension stock guaranteed i % . .

Miles Date S l:e , or
of
Par
Amount
o ot
Road. Bonds.
Value, Outstanding
1004

180
150
200
203
472
65
500
ISO

lot
38

100

$1,000
100
1803' 200 ,1 0 0 0
1805 2 00,100 0
1003
1.000!
1003
1,000
100‘
1870
500 Ac
1883
1.000
1888
300 Ac
1,000
1807
1000
1.000
1880
500 Ac
1801)
500 Ac
1808
1.000
1300
1 000
1001 d
1004
1,000
1003
1,000
1008
1.000
1007
1.000
1002
1.000
1007
1802
V.ooo
1002 l.oo o Ac;
1002

$700,000
000.000
000 000
1,200,000
3,064 000
4 .0 0 0 . 000
ft .070,600
7 .0 0 0 .
1 .0 0 0 . 000
0.471 .5 3 5
4 .0 0 0 .
2.408.000
4 .0 0 0 .
200,000
Ift.000
1 .0 0 0 . 000
N13,010
712.000
505.000
778.000
1,2U:>,000
93.000
226.448
2.500.000
3 .0 0 0 .
1 428.000

[Voi.. I.XXXVT.

IN T E R E S T OR D IV ID E N D S .
Rate

When
Pa gable.

Where Pa gable, and bg
Whom.

B ondi— Prlncl■ pal, When D u e .

Stocks— Last
Dividend,

5 g
A I) Scab N at B k.N Y A Clev Juno 1 1044
4
A
J J I* Morg A C o .N Y : A Lon Jau 1 1908 2 %
3 g
A
J J P Morgan A Co, N Y July I 1043
4
A
Jj
do
do
July | 1043
3 g
A
.(T ru st Co. o f A m er, N Y Jan 1 1033
A
J
See text.
B If
July 1 1933
5 In 1907
A D: Mobile
Dec 2 3 '0 7 2_U %
0006
> A D Farmers' L A T r Co, N Y Dee
27
1027
6 g
Q — Jan
do
do July
1027
4 g
1M
A S Gallatin Nat Bank, N Y Sept
1038
0005 g
P A A,
m
■do
do
Feb
1047
4 g
Q — F G u arT ru stC o. New York l i A f
1030
0004 tf
J
A
J Farmers' L A Tr C o, N Y Jan
1031
3 g
M A N First Nat Bk. Mobile. Ala May
1040
3-6
Various Farmers' L A Tr Co, N Y T o ’ ifldft
V.-H Ions
3
do
do
1 1010
to
Various
. . T o 1900
A
M A S Blair A Co, New York
Mar '06-M ar 'l 1
1
J
A
J Guaranty Trust Co, N Y Jan '08 July '15
4 1$ g M
Guar Tr Co, New York
M oh'0 8 -Mar T 6
5
A
Guar T r Co, NY' or St L Apr '0 8 -c « t '14
4
EL
Equitable Trust Co, N Y To June 15 1012
1
Q— J
First National Bank.Mob To 1900
4 g
M A
S Knickerbocker Tr Co, NY’ Sept 1 1091
0003 M g M A
S Grand Cent Station, N Y Mar 1 2002
A O Philadelphia. Pa
an ka
Oct
l 1042

1000
185ft
1003
1878
1880
1893

1,000 See text.
3 g
&
J Central Trust Co, N Y
July 1 1030
1,000
130.000
5
*
N Goshen. N Y
May 1 1028
i .ooo;
1.200.000
3 g
A
J U S Mort A T r C o. N Y Jan
1 1043
1,000
5 .0 0 0 .
0007
A O S P Co, 120 B ’ way, N Y April I 1018
1,000
1.404.000
6 g
A
J
do
UO
July l 1020
1,000
1.000
000 3
A
J
do
do
July I 1 0 1 3
50 15.000,000
7
A
J Del Lack A W cstern.N Y jlin 2 ’08 3 14 %
TIS 1864
250 Ac
5 .0 0 0 .
0007
A N
do
do
May 1 lOl-T
118 1873
1,000 11.677.000
7
A D
do
do
Juno 1 1 0 1 3
118 1000
1.000 13.600.000
3 « g
A D
do
dO
Dee 1 20110
Var.
1,800.000
11)12
A
J
do
<l<>
100
2 2 ! .000
r 4
A N
do
do
Nov 1007 2 24
Puruandlro. w m completed In 1008. The ro»d will develop large
„ f!Tcs. " , " ,ln W , Thom as Jr.; Vlco-P res., II. F. Smith; Chairman o j Board
Ppertly developed agricultural, timber and mineral sections. Concession,
E. C. Lewis— (V . 83, p. 8 IJ 1 V . 84, p. 103; V. 85, p. IUJ, 787.)
In
ncludo 9 4 ,sou Mexican currency per mile, exemption from Import duties
on construction material and from Federal ami State taxation; excepting
N A SH V IL L E A D EC ATUR R R — (Srs M ap Loultellle A .ViuAsHle.) —
ntamn ta x . for 18 years, etc. Stock, 88.0(10.000, all outstanding! 'par.*,so"
Owns from Nashville. T en n ., to Decatur, A la ., 110 mile*.
Re-leased to
BontH (9 8 .000.000 authorized, are Issuable at 9211.222 per mile; 8 t.;o o lo o d
Lou. A Nash. In 1000 for 01)0 years, the rental being 7>1 24 on stock. Tho
were underwritten for’ drit 88 mllcs.”_ ”v ! S 'l, p, 7 28 ; - ■ 8 8 , o . 802. F|.
Lou. * Nash. July I 11)117 owned 8 1 .070,800 of the siock— (V . 7 0 , p. H ub .)
nanccd by A . J. Peyton A C o.. New York.
Pres. ~
N A SH V IL L E T E R M IN A L R R — Owns bridge across tho Cumberland
Ottaw
a:: 'Gilbert
" _
p
'la w a
E.'Faruubm . V .^-'p .'a n d G en .’ M's'r.': Jacob L. Grrats'lngcr'
River and la m , of track.
Leased for 00 years from May 1 1002 to Tenn
2d V .-P .; C. D . Knapp Jr., S eo.-Treas., 1 II B’
I’ way
w ay. N. Y . — (V . 83. p S6’ )
Cent. R R .. which owns entlro 81.000 000 stock.— (V 7 4 . p. 3 77. 830.) ‘
WOROAN’ S L O U ISIA N A A TEX \S R R . A ST EA M SH IP CO___ (Set \fnn
N ATCH EZ A EASTERN R Y.— Under construction from Natchez Mlvi
of Southern Pacific.) — R O A D .— Owns A iders to Cheneyvlllc, 208 miles'
easterly to llm okhaven, 88 miles, to ho completed March 1005,
Connects
branches. 110 m .: trackage to Alexandria, 24 m .; total railroad lines. 339 m • at niookhavcn with Mississippi Central, controlled by same Interests
steamship lines and ferries. 808 miles.
Extension from Lafayette in Baton
Bonds arc guaranteed, principal and Interest, by United States Lumber Co •
Rouge, r.a., S3 miles and 3 branches, aggregating 40 ndles, were under con.
they am redeemable at par Oil Dee. I 1008 or nay Interest day thereafter'
struct Ion In Dec 1007,
V « 3 . p. 09, 160,
O R G A N IZ A T IO N - The Southern PacIhcCu. mvns all of the 913 noo non
N A T IO N A L R A I L W A Y S OP MUXICOe— T<» own or control tho National
stock, but road operated Independently.
Dividend, o % , paid In Inna oo
R R . uf Mexico Hyman (Incllldlnif Mexican International and Inierocennlo
Hi year ending June 30 m no. gross. 9 3 .1 8 1 ,0 3 1 ; net. Ineluding other In
o f M exico). the Mexican Central, and probably other roads. The M« x. Gov
com e. 51.833.370; surplus over charges. 91.178.478, - ( V . 7 8 , p, 5g,v|
will Imve control through an absolute majority of the entire mock (see V xx*
M ORRIS A ESSEX liR .— (See M a p of Delaware Lackawanna A Western I p. 90, and Item V, « 4 . p. 51. under Max. Central R y.)
The new coimmnv
— Owns from Hoboken, N . J .. to Phllllpsburg, N . J ., 83 miles' hranch
will have $15 0 ,oo«,ono authorised com m on. $fto,ooo,000 Mint preferred 4 #
Deuvllle. N. J .. via Morris A Essex Tunnel, to Hoboken, N . J 33 milrsnon cu m ,, and $23o,ooo xocond pref. 5 % non cum . prof ntoek $462 000 000
leases 37 miles; toial operated, 187 miles.
’
nrof. ao-ycnr H i ?:*. and $ 5 7 2 , 000,000 icnncml mortyAtfc 7f) year 4 % hondii
(all exprejoicd In Mexican currency), tho latter to be guaranteed, prlnclnal
L E A S E D In perpetuity to Delaware Lackawanna A Western which
and Interest, by Die M ox. G ov.
The prer. mure, bnndft are to bo rcMlcmncd
assumes all liabilities and guarantees 7 % per annum on stock.
by a Hlnlcln* fund bekrinninir In 1917 and all to bo retired thereby i r othrrB O N D S .— O f the 933.0 0 0 .0 0 0 1st refunding 3 M s. 823.400,000 were re.
wise, »n or hoforo 1057 (the com pany, It la Htated, may make arrnnjrement»
served to retire exlstlog bonds and 911.800 .000 were applicable to additions
for the ••refundment*' of the bonds at a premium not exceed! ml*- ?»•*lvn™
V . 70. p . 180 , 477; V . 7 1 . p. 1187. G uaranty. V . 74. p. 1308,
A syndicate wm buy tho bonds and offer them m cxchanirc to iho holder*
E A R N IN G S .— Important to D. I ,, A W . with terminal facllltlcaon N Y
of the present •ccuirtlca of tho Mox. ( ’em . ami Nat. R R . of McV
d
iT,
Harbor, but the earnings show a deficit after payment of rental (Ineiudinv
Otinr, Thalmann
..........^ CO 1and Spey* r A (.’0 . will undertake Ihinnelnj th ec o •
9 1 .1130,(ion dividends). v l* .: In Inna, * 801.843 ; In 1008, $883 304' 10 nt
atfon when conditions arc favorable. - ( V , 6 .3 . p. 1 .1 7 0 * v fi» o on i ° l
8073 .1 7 2 ; 11)03. 5440.121: 1002. 8303.07a. - IV . 74. p. ISOS; V .S 2 i> 803 I solldaf
N A T IO N A L RR. OP M E X ICO .— (See M a p .) -O p e ra te s -’
*
•MORRISTOWN A ER IE R R — Owns Morristown, N . J .. to W hlonauv
Standard (hiugc—owned.
M iles.
'* -----------*
Narrow
Gauge— oirnrd,
\tHmm
4 in.; branches, u \ m . A consolidation In A u g. 1003. Stock 5 lib non’
Laredo to City o f Mexico............. 802
all outstanding; par of shares. SIOo.
Hoods are subject to call for 1 r » t
C Lrui-g—XlC° 10 Urunl',ln •- - - 3* 7
Santiago to Tnctiba (.T rail track)
a n y tim e .
Year ending Deo. 31 1000. gross, 582,580: net, 824 188
pj.’, .,
Clntura lino (3-rall t r a c k ) . . . . .
Mlchoncau A Paclflo R y ..
R. IV. McKwan. 1 1 Broadway, N. Y . — IV . 77. p. 511.)
' t ■<«•.
San Juan Jet. to Jaral_________
ravatio to Zltacuaro .
$7
MOUNT CARBON A PORT CARBON R R .— Owns M t. Carbon to Port
Vanegas to Matchuala.................
carb on. P a .. 2 .80 m .: 2d track. 2 .45 m .: total trnrlt, 13,40 miles
Leased
Rincon to Pozos....................
T otal {not. In e a rn in g s ..,
lT ii?
M eb. 3 1880 fur 80 years to Phlla. A Read. H R . anil lease assumed In 1000 by
Monterov ro Matnmoros...............
Controlled— Earnings separate (tee
Phiia. A Read. italltrav,
Rental, 938,280 yearly.
Gonzales to Acam baro.................
separate statement fo r each).
Controlled— Sccur. otened.
MUSCATINB NORTH A SOUTH R V .— Muscatine. Iowa, to Elrlok. on
Mexican International R R ,
ma
Texas Mexican R y .. Corpus
Iowa C ent., 28 m ., with which It has traffic contract.
V . 78. p. 834 .
in­
Inierocennlo R y . of M exico. I.' ‘ 736
Chrhtl to Laredo, Tox . cto. 162
corporated In March 1003 as successor of the railroad o f same name, fore­
closed on Dec. 13 1004. In Apr. 1007 details of new securities hail not iieeti
T o ta l stan d ard gang©............... 1,356
arranged. Stock, 9484,000; par. 9100.
Year 1008-06, gross, 500.098 '
Grand total July | 1907.
3 .tko
Tho
Mexican
International
RR
net. 53.220. — (V . 70, p. 281)7, 2708; V. 80, p. 1050.)
—
------------ --------------- — ---------controlled
by ownership of mVinritv
of stock, extends from connection with the vSouthern PacMc at Kailii
M U SK EG ON G R A N D R A P ID S A IN D IA N A R R — Owns road. Grand
T e x ., to Durnugo, Mi x ., Ami to Nut. H R . of Mcx At Monterey Ao u tV m '
Rapids to Muskegon, Mich.. .17 m .: trackage, G . R. & Ind. at Grand Rapids.
In Maii 'Ii 1UI18 the llblAlgo A NorthcAxtern, IBS miles (ilArrow v i .'. I V '
9 miles. Operated by O . R. A Ind. R R .. which was foreclosed In ISDfP
with b ian ch e,. w m aetiulrcti.
v . * 2 . p j t n . hbh , la s o ; v
m m
f '
consideration, net earnings. Stock authorised. 8330,000; par. SIOO; Issued
Thu National Co. acquired XT .035,400 Intcroccanlc R y of MVt
81.000. Coupon of July limn paid In O ct. 1007.
Earns, for year ending
Dec. 31 1008. gross, 8181.131; net, 942,834' interest ou houds 537 sou- deb. stock, the latter, with preference and com . shares owned an t ■in *.
qnlrwl. giving prnetl.'nl control, thu» securing for tho National a nno ?rJm
rentals, A c .. 88.020; b al.. d e f., 887 3 .— (V . 82 p. 210; V. 8 3 . p. 213, 13 9 1 .)
Mexico to Vera Cruz nml nn outlet to tho G olf of ilo xlco.
tSeo hem™ /
N ASH U A A L O W E L L R R — Owns double track road from Lowell. Mass .
O R G A N IZ A T IO N — Incorporated In Utah on I'eb. 24 lo o to Nashua. N . I I., 13 miles. On O ct. 1 1880 leased for 00 years to Boston
without forceloAuro of Mox Icau Nnt. R R ., per plan In v . 73 n 7 «’.U|XC or
A Lowell.
In 1887 lease was transferred to Boston A Maine, which nays
M E X IC A N G O V E R N M E N T . A o— In Juno 11103 the M cile»n ni.'v
a lent il o f 873.1100 (u % on stock); In N ov. limn and N ov. IU117 , i<
extra
olmacd for 80 .000.000 About , 7 " i »r the entlro outstanding AioeJl i«! i ' v 0 ? ! ’
was paid from accumulated cash surplus.— (V . 83, p. 1170; V . 83, p. m o j j
p. 1301: V . 7 7 , p .4 8 1 : v . 7 7 , p. 1 2 2 3 , 2 1 3 1 ).
miming nock nee V . 7 8 ,
N A S H V IL L E CII ATT A NOO (I A A ST. LOUIS RV — [See A f i i p ) -O w n s
In Jim 1008 eonjnltdntlon o f tho Nntloiinl HR, Ilf Mexico nml
from Chattanooga, T en n .. to Hickman, K y ., 320 m .: branches to l chaunii
R y. n* N a IIi. iia I R ys. o f Mexico, Above, under contrnl o f MoxIcAn iiu J ^ i;
A c ,. 310 m ; leases Western A Atlantic. Clmttnnoogn. T enn.. to Atlanta'
incnt. w a a In nbcyniice.
V . 8 3 , p. 1470; V . 83, p. 00 . 8 : 1
'
^r,“
O a .. 137 in ., and SIcmphls A Paducah Division of the L. A N ., 234 miles'
S T O C K .— Coin, stock was $3.1,330,000. and pref, (now 1 st nn*f i 4 w
See V . 71, p. 3 14, 8 34. 884. Total operated July I 1007. 1.230 miles
non ou m ., $ 3 2 , 000 , 0 00 . all Issued, of which J.1 , 1 6 7 075 In trciwurv lnna sa
O R G A N IZ A T IO N — A majority of the stock (87.177,000) Is owned hv
11107.
In O ct. 100.1 (ha com . atprk wax m unlv exchanged fo r n e w 8 " "n o n ­
the Lou. A N ash., o f which 83,301.300 Is pledged under Its unified mtge
cumulative 2 ml prof. Htock (total Im uo to 1 10 8 2 2 , 2 3 3 ,3 3 3 1 mill deferred .im u.
etc., so that the systems are operated In harmony.
W est. A Atl. la lensiii
(total Ixxuo to lie 81 1 . 1 1 8 , 888 ) nt the rate of two shnrea ot Xntl nraTaiid'oSa
from Stale of Georgia till Deo. 27 loll) at 8420,012 per annum.
"hare of deferred for every threo xharca o f com K
. e w X n V m 0! '
D1VS. -1 ’80*'l)2. ‘1)3, ’0 4 . ’ Ofilo’OH.’ lMlto’ 03. ’0 4 . ’ 03. ’ 08 , *07 1008
n o :.
O u t,landing, let pref.. aee abovo: 2nd pref., BSi.iisi 8,m ? deferr'eif'
s l u e o l 8 8 8 .j 8 yearly. 3 ft 3 M 4 yearly
None.
I
8
n
yr |, ■,
$11,013,801); com m on. 5302,800; par o f shAre*. 5108 each
Fl'rztnref to
B O N D S — Tho Tracy City branch Os fall duo 920,000 yearly on Jan I to get 1 % , then 2d pref, s % . then 2d. prer, and Ilerern d ahare pro rafn '
1016 Inclualvo, and 8100.000 on Jan. I 1017.
’ 11
D IV I D E N D — On Ural pref., I % . Aug. 1006; 1007. 2 '4 (F A A )
Consolidated m tge. o f 1888 provides that all prior bonds shall he bald nit
B O N D S — TOe prior II,n bond, can he Increased above 1 : 3 non li/iii
at maturity; sufficient of the 820.000 p. m . are reserved for th em , in 1008
to rofuml. 8 for 9. Mexican Internal. R R . pr-or lien hom R .Vow ts 'a a SSn?
the rote on future Issues was reduced to 4 % .
V , 81, p. tu44.
Tho new latuca of bonds are secured by a 1st and 2nd lien rcaneetlvriv on
Jointly with Lou. & Nash, guarantees 5 2 .5 0 0 ,000 L. A N . Terminal Co
all the property o f the com pany now owned or provided fur under tha fnl
bonds. See Lou. A Nash.
V’ . 73. n. 1334. Guaranty of 821,001) Aetna
adjustment and the El Salto extension when constructed?and l E i m Z
Iron, M fg., Mining A Oil ns.
V . 7 7 . p. 2300.
’
sooiirltle, of the Texas Mexican R y ., and the consol, m tge. Ii m J J o a u t din
L A T E S T E A R N IN G S .— July 1 to N o v . 30 (5 months)
on 818.788 ,100 of the $20,7 0 8 ,2 0 0 capital stock ami all o f the $4,499
in
3 M o t .—
Grom.
AVI.
InUnrtl, A e . lint . Sur
comes o f Mexican Internal. O f the 825.44u.nno conxols homed 1 1 nao tvnn
$1,0 7 8 ,0 4 0
5788.701
8310 188
101)7 .................................. 54.1)20,052
June 30 1007 were In treasury or pledged for gold notes of 1003
,05 ,000
IUU0 .................................. 4 .713,883
002.387
747.432
246 123
O f the Mexican Internal, consol 4s, $ 0 .3 0 1 ,uon nro guarantee.!
A N N U A L R E P O R T — Report for 1008-07 was 111 V . 8 3 , p. 787.
elpal and Interest. See that company s statement; also V . 7 8 , o 77 P' 10
Years ending June 30
1906.
1903.
1907.
1904.
G E N E R A L F IN A N C E S — In 1003 $8,800,000
notes (extended in
Mileage end of year
1 ,2 2 6
1 .2 3 0
1 .2 2 6
1,201
1003 and 10O7) (authorized Issue. $10 ,0 0 0 ,0 0 0 ), were sold to Day fo?
$ 11,120
,932 $10,113
,037 ,$10,206!o22
Grow
earnings....................$12,233,472
M s , earn
j .n s . i l .ings......................
1 i»a
u ...............
■■ . . . .
n S A 1.
______
-roo. R y. They are subject to call nt par on on days iloilco- dcnom?
Net
2.506.310
766,069
2 .560,407
2,024,992
, $ 1,000 ami 95,000 each. They arc scrured hy deiioslt ..r r u is°in n
Investm ents, d o ...............
16,455
16.100
18.930
18,207
. R y . of Mex. 2ml deb, stock. £ 1 .2 3 1 .8 3 0 ordinary and £ I 02 0 oS 7 «
ref.stock. $3,000,000 Mexican Intcrnat. 1st consol, lii « m Da i ' ™ r, ?
Net In co m e___ _________ $2,526,710 $2,784,524
$2,579,337
$2,643,269
id $1,030,000 Nat. R R .o f Mcx. istconsols, Tho remaining t n u o !
Interest on debt and tax $ 1 . 1 67.671
$1,174,764 $1,163,286
$1,109,670
es were IkhucU Oct. 1 1ti()7 on dcpotilt or additional 8«*curltv * in AnVii
R e n ta ls ................................
026.460
625,573
624,862
625,578
uni $ 3 .out).uon prior* Ilea bond* wen* *n|d to pair for l h ? ni.initro a
M iscellaneous....................
26,oou
36.000
36.000
66.000
MHT
‘ ~
6 5 . P. «)0f. 722. 7 03,
*
D lv. on stock....................... ( 6) 600,000
(5)500.000
(5)500,000
(4)400.000
W A R N IN G S .— 5 mo6
1007............ Gross
.
,518
July 1 to Nov 30 •!{ 1 0 0 6 ............Gross • 8,0 7 0 .9 3 0 ; net! 82.343,515
2 .1 9 9 .3 0 8
Balance, surplus..........
$106,370
$453,002
$242,725
5368,126
Above figures arc Mexican currency. See also V.’ 77,' p, i : ; n




*55
102
157
201

ooo

99

RAILWAY STOCKS AND BONDS.

J an.. L908.

>cr»nart /

CapltAA

CarrUoxo

[»arl<

Uuowell
■Rincon

Cox Canon

Ft.'W'orth!

Albany

'Spring Lako

M alaga

— - ‘’ \Cinco

■ pACIfW
CH > .

Gei nanli

Midland

N.
XW
mxli
PubU >yC ^CN. (
/ Muivum '

C olcn uu /Jc.

\
iCAl\h
JcVyuvtlli

_

PAkatU

iwnwoud \

B lanca

Siui Angelo’

lV cos

t w ‘" '« u V '

Gtitcsvllk* Z

Lamp

[■.'dxnosi

no

Llano
Ojo CnJlcnto

S lW A M jtA

Marble Fal

min*'

KorrvlU*!
x Uailctfu

tA fftina

San Antonio'

Presidio d]
jpledm fllancn

Yoakum
Jimcticc

8to.

1MImien

^ ‘ rrosldlo

Domingo

Sail ^

^Chlhaahui

rib-

^ S p o ffo c ^ T c '.""1
'Eagle Pail

\

A

C& Cuoro

KenwP

■ JclorU

.C IU D A D P O R m R I O D IA Z
KPlod m s (Negro* )/*,•

Canon de Enclnlllas

lurlachl

Ilcmpstoul

"Oronhan

A’Udarfc

Boevllle

CotulU

RA N S A S P A S S

Incrval

lift/

PUS CH RISTI

^ta.Bui wii i finf,.

o

>1

o
Alli'itdo

j /S jB f c s

KsatiIou'

\ c°

Rrwgirlo

'U-:?x<om Ul \

\

IJalu niutic.4

IVtloiv*

y

' v

V

TCPCMUAHlfcS

d '

S . i Vl|kLM|iiTrh

’ 4- Q
furitoniurvI

Carucnd

[M aria' > • '' CHINACATl
X ULIANA l

o
____ _ /
.San UidrlT

r a te r f
x w P & fo

fonz&kr

:Q Saji Vjv'&ic ibrjf ilt>lilori

kOtadad Victoria

jCodro,

/Sombroretc
hi
a Bain

La M t^oioa

1Ik'J-ix’ndi

IfrW nlllo

lUwaxlo

V acat^ cas

[Jc rrx o

v

‘ 1'•*Mi/..

jAcnpom

iC anU i

.

U | Ml

■Ban Fmnebco

U>» Ch*»
|\’cnado

Roaillo

^ jS s ^ w o y ,

x v o i ^ i 'K s .^

PICO

n«o viaoi

Iwl Marco*
Tenltaa

Ia OACA J AR aA A
'»

isvtoi**/

Vf) g/r»ne|i|Sj
•Op«r»^v* i*Mo^n
, (?.j <{Ao/;«/ii^.!ainoraOC/£^-fJtulajZ^

« Caatlutn
lpollan

«abV cH u:
*Vcosi « ! L
A|K»t*ioi£an

'tC.UAl

MAP

OF

^CorJobn ^

;

kUVB.mor»» \
7
» **H O /L .

x\MotXOIVligO* ^

CulciitU

T H IS
C b llp s a c lo g o

NATIONAL It. It. OF MEXICO

JIM.vIu.

MEXICAN INTERNATIONAL R. It
AND

C

INTEROCEANIC RY. OF MEXICO




A c a p u li
llxoda

CulxtU

100

RAILWAY STOCKS AND BONDS.
R A IL R O A D S .

F or explanation of column headings, A c ., see notes
on first poor of tables.

Miles Date
Of
of
Road. Ronds.

Morrlttown A brio— 1st M $300,000 gold sinking fund
1903
Mt Carbon A Port Carbon RR— Stock (rental g u a r ) ..
Mu nisi ng— Plrst mortgage gold..............................................
38 1900
Mutko gun Urn ml Rapid* A Indiana— 1st M gold Co
37 1880
Nnrragansett Pier RR— First mortgage $ 1 0 0 ,0 0 0 .. .8.5 1890
Nn *h it a & Lowell— Stock 9 % rental 02 years B & M
15
Nashville Chattanooga & St Louis— Stock..................
First mortgage (for $ 0 ,8 0 0 .0 0 0 )............... _
c *Ar
340 1873
First M on Fayette and McM brs ($0,000 p m ) . .c * A r
125 1877
First mortgage on Lebanon Branch........................... c*
20 1877
First mortgage on Jasper Branch........................... Ce.c*
43 1883
First mortgage on Cemrcvllle Branch g o ld -.C e .o * Ar
40 1883
First mortgage on Tracy City Branch_________ c*A r
20 1887
D uck R R R second mortgage (now llrst mortgage) g
48' 1881
Cons M ($20,000,000) $20,000 p m g old ____ IJs.c*
808
‘
1888
Nath villa A Decatur— Stock guar 7 M % by L A N .
110!
Nashville Florence A Sheffield— See Louisville A Nash vin e.
Nashville Term— 1st M gold Int rent red 1 0 5 ___
1002
Natchez A Eastern— 1st M $1,700,000 g red . Ta.e
1907
National RR of Mexico— 1st pref stock (other see text)
Prior lien M $23,000,000 gold call at 105____ Un.c*
1,284 1001
First consol M $ 00,000 ,000 gold (see t e x t ).
Ce.c* 1,514 1001
Collateral notes $ 1 0,000 ,000 g red (ext In 1 907 ). .
1003
Naugatuck— See New York New Haven A Hartford.
Nevnda-CaRfornia-Orcgon— First M $1,500,000 gold.
144 1800
Nevada Central— 1st M gold non-cum Inc (sink fd ).C e
01 1888
Nevada County Narrow Gouge— First m ortgage. _ .
22 M 1800
New England— See New York New Haven A Hartford
Now Haven A Northampton— See Now York New Ha ven A ! Hartfn
Now Jersey Junction— 1st M guar $ 4 ,0 0 0 ,0 0 0 . . O.cAr
5 1880
New Jersey A New York— See Eric R R Co.
New Jersey A Pennsylvania— Temporary M $200,000.
20 1007
__
Naw London Northern— Stock.................................. ..
12H
Consol mortgage (now 1st M) ($588,000 arc 4*s)' c*
121 1880
West River first mortgage guaranteed prlu A I n t ..
35 1005
Now Orleans Oreat Northern— First M gold___ K .c*A r
200 1005
Now Orleans A North Eastern— Stock $ 0 ,0 0 0 .0 0 0 ____
100
Prior lien mortgage gold ............................... ..
Ce.o*
100 1885
First mortgage gold. ..........................
........
F,c *
100 1881

Sire, or
Par
A mount
Value. Outstandtno
$1,000
60
1,000
1,000
1,000
100
100
1.000
1.000
1,000
1.000
1.000
l ,000
" ‘ V.666
25
1,000
1 000
100
500 Ac
500 A c
1.000 Ac
1,000
1,000
l .000

[ V O L . t.X X X V L

IN T E R E S T OR D IV ID E N D S .
Rate
%

When
Payable.

Where Payable, and by
Whom.

Bond» — Princi­
pal, When D u e.
Stocks— Last
Dividend.

$250 000
6 g
M A S Brooklyn Trust Co. N Y Sept 1 1923
282,350
12
J A J 16 Reading Term inal, Pblla Jan 16 *08 0 %
100,000
4 g
A A O Arner Trust Co, Clcvel'd Oct 1 1923
750.000
J July 1006 paid Oct 1907 July | 1020
6 g
4
70.000
A R 1 Hosp T r Co. Prov Aug 1 1 0 1 6
800.000 See text.
N Indian Hd Bank. Nashua Nnv 1 *07 5 %
10,000,000 0 In 1007
A New York and Nashville Feb 1 ’ 08 3 %
7
0 .300,000
J Hanover N at Bank, N Y July 1 1913
750.000
0
do
do
J
Jan l 1»17
300.000
J
0
(to
do
Jan 1 1 0 1 7
371.000
do
J
(lo
« g
Jan 1 i»2 3
376.000
J
do
do
0 g
Jan 1 1023
259.000
0
do
J
do
Jan 1900 to ’ lo
21.000
N
do
do
0 g
N ov 1 1000
7.028.000
O'
do
do
9 g
April 1 1028
3,553.760
J Nashville
7A
Jan 1008 s h %
6 g
1.000.000,
See text.
3 2 .0 0 0 .
000
ln°l?C7
2 3 .0 0 0 . 000
4K g
4 g
24.300,000
10.000. 000
fl g
647.000
750.000
210.000

J
D
A
J
O
O

3 g
6 g
7

Mercantile Tr Co, St Louis Jan 1 1932
New York
June l lu jo
Atlg 12 0 7 . 1%
Office, 0U W all S t, N Y
Speyer A Co. New York Oct 1 1920 '
do
do
Oct 1 1961
do
do
Apr 1 1909

N Moran Bros, Now York
May 1 1019
J Sec text
July 2 1038
J W ells, Fargo A Co. S Fr T o 1924

rd,
1,000
1,000
100
1,000
1.000 AO
100

1 .000
1.000

A N N U A L R E P O R T .— Fiscal year now ends June 30.
Report for vear
ending June ao iuo7 was In V . 8 5 , p. 1140, 1153; see also ed it., p. 1 1 1 0 ,
E A R N S . Y E A R E N D J U N E 30.
1000 07.
1905 0 6 .
1904-05,
1,730
1,730
1,730
Average miles operated...........................
Oross earns. (Mexican currency)____ $15,874,061) $14,039 ,303 $11,780 1*4
N et earnings (Mexican currency)-----5,722.831
6,41 3 ,2 5 3
3974330
N et earnings (U . S. currency).............
2,861.410
2,700.027
1 ,9 * 7 ,28ft
INC O M E A C C O U N T Y E A R E N D J U N E 30 1007 (U . S . Currency)
$
I Deduct —
$
N et earn in gs.---------- ----------2 ,8 0 1 .4 1 0 (T axes, rentals, dlso’ ts, A c . 135,300
Interest, disc t A exchange
39.637) in t. on bonds and notes___ 2 435 600
Interest on bonds.................. 209.000 Interest un lo a n s ....................
30.000
Interest on stocks.................
4 0 8 ,0 4 1 1 D lv. on pref. stock. 2 %
576,058
Total . . . ------------------------ 3,600.0541
Total . . . . ........................... 3 ,177,027
Sin plus for year.......... ...................................................... .. . . . . . . .
. . |$j ^ 7
D IR E C T O R S .— Cleveland H . D odge, Adrian Iselln J r., J, N . Wallace
(Jordon M acdonald, Joseph P. Cotton J r., L. F. Lorct*. Cayctano Romero
all o f Now York; Guillermo dc Lam ia y Escandon. Julio M. Llnmntoiir, E .N .
Brown. Joie M. do Laudcro. Pablo Macedo, Santiago Mendez. M. M R ev"
nnlds. Roberto Nunes, oil of City of Mexico.
‘
9
O F F IC E R S .— Pres., E. N . Brown; V .-P ., D . P. Bennett; Traill .1 M
Frazier: C om p.. M. M. Reynolds; S e c.. A. Arriaga.
N. Y . officii. 00 W all
S t.
V 8 5 . p. 1140. II 13. 1161 , 1640: V . 8 0 . p. 53.
N E V A D A A C A L IF O R N IA R R .— V . 8 1 . p. 1242.
NE V A D A -C A L IF O R N I A-OREOON R Y .— Reno, N ov., to Madeline Cal
144 miles; extension proposed to AltUraS, C al., 40 miles, of which Madeline
to Likely. 20 miles, opined O ct. 1 1907. and 2 0 miles from Lllcely.to Alturas
to be Imllt In Spring of l» 0 8 . The Sierra Valleys R R .. Plurnaa to Mohawk
C al.. 37 miles. Is controlled.but operated Independently.
V. 79 n
1*
Stock, com m on, $1,450 ,0 0 0 ; preferred, $750 ,00 0. all out.
Dividend on
preferred, A u g. 1906, 3 % ; A u g. 1907, 4 % ,
nu on
E A R N I N G S — 5 ninn,. 11907
.......... Gross. $168,400: net $ 1)8 647
July t to N ov. 30
1000
.
. . .GrOKs.
133,815; net
Report for year 1906*07 was In V 8 5 , p 1207, silo wing, grow $207 Sift,
net. $148,108; other Income. $17,167 : Interest, taxes, A c .. $45 1 -a * .??.*
ticwal fund. 531,133; dividend on pref. ( 4 % ) . $30,000; balance Humln*
JBJJ.M5.
O M o r n n . O s V lH U m S t .. New Y n r k - V S
n'
1007: V . 0 3 , p. 1345: V . 8 5 , p. 1207.)
1
N E V A D A C E N TR A L R R .— b a ttle M tn.. N ov.. to Austin, N c v .. p i
narrowynuiro. Stock, 5700.000.
No Interest palil on bonds by railroad
lor m any yi'iirt: I
« ns palil .Inly 1000 and 2 t j f r o m earn Hie, on hand
Jan. I 1 0 0 *.
V. tin, p. lo o .
In N ov. 1000 llic Novadn Ccnirnl liu. was
Incorporated In New Jersey with 5700,000 stock, to purchase the securities
of the rnUnail: irniiHactlon not completed to Sept. 23 IU07.
V .8 .1 .p 1201
hnrnhur.x Tor IU0R-07, itross, 5 5 4 ,300; not. 5 3 0 , 3 .10 ; taxon. 55,0 0 8 ; tmlanr..'
524.711; no Int. paid to Sept. 11107 .
Pros., J. II. Phelps-Stolce*.— (V s o '
p. 109.)

1.700.000

F

A

A N Y Central A Hud Rlv Feb

a
See text.
J
A D
1.500.000
u
_ Q— J
4 A 6 J
1.300.000
A
J
75.000
4
0.100.000
F A A
0.0(30,000 0 In 1007 Yearly.
1,320.000
0 g
A A O
100.000
0 g
A
J

J 1080

..........................................
June 1 1927
New London OOlco.
Jan 1908 2 H %
Dank of North Arner, N Y July t 1910
85 years
Flak A Robinson * N Y " Aug I 1055
Nmv Orleans. La
Sept ft 1007 0 %
Central 'Trust Co. N Y
N ov 1 1915
Muller, Scball A Co. N Y Jau 1011

E A R N IN G S .— For 5 U mouths ending Dec. 7 1907, gross s i 40 ,997.
against i t ,279.806 In 1006.
Report for 1900 0 7 . V . 85, p. 1306*
Yr. end. June 3 0 —
Oross,
Net.
Oth,inc. int, A c
itninne+
! So* nft........ ...................$3,252,148 $805,302 $32,377 $40*6.000
. . . _____
$437 ,64 0
1905-06 ................. - - 3,001.977
773.844
21.507
*" "
394,255
101,006
From surplus paid dividend of 0 % ($300,000) In
1000-07 against 3 %
($300,000) fit 1005-06.-— (V 0 5 , p . ' 100. 722. 1395.)
N EW O R L E A N S T E R M IN A L CO.— Owns extensive terminal property nt
New Orleans and a belt railroad around the city, leased to the St. Louis A
San Francisco and Southern R y, for 09 years from July 1 1903, rental cover­
ing all expenses of operations, maintenance and charges. Southern Ry
and S t. Louis A San Francisco each own half of the $2,000,000 outstanding
fifiSjFJf'llS ? 1a#8 ? ? * u^hoJi5Cd), and Jointly guaranteo the bonds. In April
V * ,tl° t<5K* cunrantced by two lessor companies am)
scoured b y $4,000,00(1 bonds, were sold.
V . 8 1 , p. 0 00. IT es., D 1)

v - 7U- p - ,4 0 0 : v p - ,0 5 : v * « ‘
N EW Y O R K B R O O K L YN A M A N H A T T A N BEACH R Y .— Owns from
Fresh Poud Junction to Manhattan Beach (Coney Inland), and branches to
B ay Ridge and Greenpolnt, 18 tulles, of which 10 miles double track.
L E A S E , A c .— A consolidation Aug. 27 1885. Leased for 99 years from
O ct. I 1885 to thei Long Island R R . C o., which owns majority of stock
Rental, interest on bonds and 5 % on pref. stock. Common stock, $360,ooo‘
L. I. H R . has attached to tho bonds Us unconditional guaranty of urine!.*
pal and Interest In addition to facts as to lease.— (V . 8 3 , p. 1348.)
N OW YO R K CENT. A H U D . R IV E R RR.- -(S ee M a p s, pp. on, 9 7 ,)
L ines owned.
M iles.
Operated under contract—
New York to B u f f a lo ...______
441 Terminal Ity. o f Buffalo* .
1»
B ran ch es.........................................
s c » St. Lawrence A Adirondack*
50
Proprietary lin e s .. ...............
3 Cherry Tree A Dixon v i n e . . .*
aa
Lines teased. (*See this co.)
T r a c k a g e ..........................................
2 3 ft
479
W est S h o r e * ................
Troy A Greenbush*____ . . . . .
6
Total In ea rn in g s ..___
~3~784
Spuyten Duyvll A Pt. M .* ___
6
Controlled—Operated Separate! 1/
Now York A H arlem *...............
137 Lake Shore A Mleh. S o , * . .
1 a2(.
Now Jersey Junction*...............
a Michigan Central*_________ 1 ’7 J.
Rome Watertown A O g d e n * ..
024 Lake Erie Alliance A W heel - *
Mohawk A Malone*....................
ln g .._ ..............
182
Carthage A Adirondack*...........
40 .N. .. Y
_ .. Chic. A S t. Louis R R .*
a j*
Gouvcrnetir A O sw egatchle*..
1
fa Lake Erie A W e s t e r n * ...
New York A Putnam *............. ..
j K»*
50 Northern O h i o * ..........