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OP THE
0
COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED
THE
ON
LAST
SATURDAY
OF
EACH
MONTH.
Furnished Gratis to all Subscribers of the Chronicle.
[Entered according to act of Congress, In the year 1877, by Wm. B. Dana & Co., In the office of the Librarian of Congress, Washington, D. C.l
YORK. JANUARY
NEW
SUPPLEMENT
INVESTORS’
OP THE
Cntmnerrial attii financial
Cjjratttcle.
Supplement is issued on the last Saturday of each month, containing
complete exhibit of the Funded Debt of States and Cities, and of the Stocks
The
a
and Bonds of Railroad and other Companies.
It is furnished without extra charge to
Chronicle;
no
single copies
are
all regular subscribers of The
sold at the office, as a sufficient supply is
printed for subscribers only.
Transient advertisements
tisements by the quarter,
are
inserted at twenty-five cents per
six months
or year,
line; adver¬
at special rates.
INVESTMENTS IN JANUARY.
The
present January lias been much less favorable to an active
securities than the same month in pre¬
demand for investment
vious years.
In the first place, it may be fairly assumed
there has been less surplus money than usual to re-invest;
that
and,
in the next place, the uncertainty in regard to the Presidential
question has been such as to throw a damper over every transac¬
tion based
on
dependent
on an
an
estimate of the future value of property, as
orderly and settled condition of affairs in the
country.
The most active businsss has been in U. S.
Government
secu¬
rities, which have advanced in prices under the more general
inquiry. At the close of 187G Governments had fallen to a much
lower price than the high range of the early part of that year,
under the combined influence of ilie calling in of Five twenties,
gold, and the political complications. Hence it
opening was favorable for buyers, and it was
quite noticeable that a large number of them were private in¬
vestors, who took small lots; the demand for issues of the smallest
sizes, $50 and $100, was indeed so considerable as to make
those bonds scarce.
The losses on other kinds of investments
had undoubtedly much to do with this demand from small
buyers; and it is believed that among them were a good many
who had formerly been depositors in savings banks.
The lowprice of gold enabled the Syndicate to take $20,000,000 more of
the decline in
occurred that the
bonds from the Government, and Secretary
$20,000,000 of old Five-twenties of 1865
against the new bonds to be issued. The great question at pre¬
sent is in regard to the probable retirement of the outstanding
bonds by the sale of new Four-and-a-half or Four per cents.
There are various opinions on this subject held by different
bankers, and one which has been prominently brought before the
public is contained in the pamphlet of Messrs. Fisk & Hatch,
hankers and dealers in government securities. From their point
the
per
cent,
Morrill has called in
of view
as
dealers, they remark :
The-Acts of July 14, 1870, and Jannary 20, 1871, under which the Five Per
Cent. Bonds of 1881 are issued, known as the ‘Funding Acts,’ also authorize
the issue of $300,000,100 in 4)4 per cent, bonds, redeemable at the option of the
“
government after fifteen years from their date, or May 1, 1-91, and $700,0 j0,000
in 4 per cent, bonds redeemable after thirty years.
* * * The negotiation
of the $500,000,000 of Five Per C.nt. Bonds of 1881, which was considered a
successful negotiation throughout, and to have proceeded with as much
rapidity as could reasonably be expected, occupied about five years. It is
probable that the negotiation of the remaining $210,000,000 of the Four and aHalf Per Cent. Bonds, and the calling in and redemption of a like amount of
Five-twenties, supposing the negotiation to be fairly successful, may be
accomplished in from two to three years
* * * When the whole amount
of Four and a-Half Per Cent. Bonds authorized have been sold, and a corres¬
ponding amount of Five-twenties called in, $50,000,109 of the New Sixty-fives,
and all of the Five-twenties of 1867 and 18u8, will still remain outstanding.
for
1877.
27,
like period.
That the Fives of 1881 will run for from fifteen to twenty
will run for from twenty to twenty-eight years.
called in until maturity, as they are payable at
fixed periods from 1895 to 1899. It is not probable that, with the constant
improvement in the national credit, there will be any future legislation author¬
izing the issue of bonds bearing a higher rate of interest than four per cent.,
or that there will therefore be any further funding or calling in of Bonds,
beyond the $300,000,000 already authorized at four and a-half per cent., until
Four Percent. Bends can be sold.”
a
years. That the Ten-forties
The Currency Sixes cannot be
Of State and
city bonds there is not much to be said. The sup¬
ply of State bonds is likely to grow steadily smaller, as there is
a wholesome prejudice against any further increase in State debts.
An important proposition for the submission to a committee,
composed of gentlemen of the highest standing in financial
circles in this city, of all the matters between the defaulting
Southern States and tlieir creditors, is now under consideration.
It is proposed to negotiate for the settlement of the debts of
North Carolina, Virginia, Tennessee and other States not paying
interest, and make arrangements to fund and oresume interest on
some fair basis, which shall finally settle up the whole matter of
defaulted Southern bonds, and leave those States clear of finan¬
cial trouble in tlie future, if they only carry out faithfully the
plans which they agree to. This proposal for a sort of general
clearing house is an admirable one, and if the Southern States
are at all alive to the importance of having the charge of repudia¬
tion now hanging over them forever dispelled, they can hardly
fail to meet these advances in a cordial spirit.
In railroad securities the month has not developed that active
demand which usually springs up in January.
This is owing in
part to the general lack of inclination to make any investment at
present, and also to the distrust in railroad stocks and bonds
engendered by recent experience. Railroad stocks have been
greatly shaken in their standing by tlie fall of such stocks as
Panama, Michigan Central, Illinois Central, Central of New
Jersey, Delaware Lackawanna & Western, and some others,
which had been considered as sound investments almost beyond
tlie possibility of collapse.
Now, the most conservative buyers
ars inclined to look for first mortgages on old roads that have
earned, in the worst of times, a considerable surplus over the
interest on such mortgages., The question they ask is this—If the
company goes to default will its first mortgage bonds probably
be secure ? And even with those who have bought heretofore on
this careful basis there are now bonds in default which ought
not to be, and the effect of which is unfavorable on the prices of
other good bonds.
We may mention among such the first mort¬
gages of Toledo Wabash & Western, Ohio & Mississippi, Kansas
Pacific, and a number of others somewhat less prominent. These
firsts are considered eventually good, as their prices show, but
pending litigation or foreclosures on junior mortgages, the inter¬
est on them is allowed to remain unpaid, as it should not he.
In looking around for first mortgage bonds on old roads that
have always earned considerably more than enough to meet the
interest on such bonds, we find the following in New York now
selliDg below par—Ohio & Mississippi, North Missouri, Central
Pacific branches, Pacific of Missouri, East Tennessee Virginia &
Georgia, Houston & Texas Central, Memphis & Charleston, New
Orleans Jackson & Great Northern and Mississippi Central.
It
should be clearly understood that the enumeration of the first
mortgages of these companies is merely for the purpose of
specifying certain bonds, now selling below par, which, by the
estimated value of their security, ought to be good beyond ques¬
tion. There are many other circumstances to consider however*
.
probable that the old Sixty-fives
(the time for which those recently
called in must be allowed to ruu) to eighteen months. That the new Sixty- and particularly the pending litigation with several of them; and
fives will run for from one and n-half to three years, and the last 150,000,000
consid rably longer. That the Sixty-sevens and Sixty-eights, which cannot it is by no means intended to suggest that these bonds are a
be called in until a negotiation of Bonds bearing four per cent, interest can be
better purchase than others in this market selling at higher prices.
made, will run for from fivt to seven years. That the Sixes of 1881 will run
*
*
*
It may, therefore, be assumed as
will draw interest for from three months
STOCK AND
BOND TABLES.
NOTES.
These tables are expressly intended to be used in connection with the information
concerning Investment matters, published from week to
week in ttie Chronicle—to which an index is furnished in the remarks at the foot of
the tables. Annual reports are in black-faced
figures.
A full description of U. 8. Government Securities is
published regularly in the Chronicle each month, as soon as the official “ Debt State¬
ment'’ is issued.
Prices of all Stocks and Bonds are quoted weekly in the Chronicle.
The following will give explanations of each column of the tables
below:
Description.—Railroads leased
to others will often
be found under the lessee’s name. The
following abbreviations frequently occur, viz.: M. for
f. for “ sinking fund,” 1. gr. for “ laud grant,” reg. for “ registered,” coup, for “
coupon,” Br. for “ Branch,” guar, for “ guaranteed,”
°
°
Date of Bonds.—The date of issue on the face of the bond is referred
to in this column.
Miles of Road.—Opposite Stocks, this means the miles of road
operated, on which the earnings aro based: opposite bonds, the miles covered
by the mortgage.
Size or Far Value.—.riiese figures are
dollars, showing the denominations or par value. The figures “ 100,
&c.,” signify $100 and larger,
Rate Per Cent.—The interest
per annum is given for bonds, but the per cent of last dividend for stocks; g means gold; x, extra; s, stock or scrip*
When Payable.—J. A J. stands for Jan. &
July; F. & A., Feb. A Aug.; M. & 8., March & Sept.; A. & O., April & Oct.; M. &
N., May & Nov.: J. dc
D., June & Dec.; Q.—J., quarterly from January; Q.—F., quarterly from Feb.;
quarterly
Bonds, principal wh en due ; Stocks, last dividend—The date in this column Q.—M., the period from March.
shows
when the principal falls due of bonds, but the time
when the ast dividend 1was paid on stocks.
mortgage,”
s.
end. for “ endorsed.”
.
•
STATE
Subscribers will confer
a
DESCRIPTION.
For
explanations
Date of
Size
Bonds.
see
SECURITIES.
groat favor by giving immediate
notes above.
Value.
INTEREST.
Amount
or
par
notice of any error discovered in these Tables.
Outstanding
Rate.
When
Where Payable and by
Whom.
Payable
Principal when
cipar
Due.
Alabama—
State bonds, due in 1872 and extended
do
extended
do
do
1872
100 &c.
100 Ac.
1866
1870
1866
Sterling bonds of 1850, extended
Sterling bonds, extended
do
do
$100Ac.
1866
do
do
....
....
1866
1867
1866
....
.
,
100 Ac.
100 Ac.
1,000
1,000
1,000
100 Ac.
100 Ac.
....
....
....
1869 to ’70
1,000
Levee bonds (or warrants)
100 Ac.
1871
Old unfunded debt, including interest
1838 to *39
Ten year b’ds (for $2,500,000) Act May 29,’74
1875
....
....
State scrip
....
1,000
1,000
1,000
1,000
1,000
Soldiers’ relief
1863
500 Ac.
1870 to ’72
500 Ac.
1873
capital bonds
....
Funded debt bonds of 1873
Connecticut—
War bonds, 10-20 year
do
20 year
do
20 year
©
©
„
do
do
c
*
§*■5
5 g
10-30 year
not taxable, 20 year.
1861
100 Ac.
1863
1864
1864
1S65
1,000
1,000
1,000
100 Ac.
District of Columbia-
Permanent improvement, gold, coupon or reg.
1872
do
do
1873
currency
Fund, b’ds (U.S. guar., Acts June,’74 A Feb.,’75)
1874
Market house bonds, coupon
1872
Potomac water bonds, coupon
1871 to’73
Washington funding, gold
1872
Other Washington debt
1828 to ’68
,
Corporation
Florida—
of Georgetown
500 Ac.
....
50 Ac.
50 Ac.
1,000
100 Ac.
....
....
'
172,000
4,655,000
456,000
g.
g.
g.
g.
8
00
705,000
7 g.
2 Ac.
5
8
8
1,986,773
1,975,465
276,500
256,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
95,500
500,000
J.
6
7
J.
6
7
7
7
7
7
A.
A.
A.
A.
A.
6 g7
365
7
7
6 g.
Alabama.—The State gives 30-year bonds, dated
July 1, 1876, bearing 2
J. New York, Latham, A. A Co.
O.
N. Y., Union Trust Co.
O.
do
do
O.
do
do
O.
do
do
O.
do
do
they stood November, 1876. An analysis of
funding operations is in V. 24, p. 28.
The value of all taxable properly is given at
$160,000,000; tax rate, 7lA mills. The assessed
valuation of real estate in 1875 was $83,851,252. (V.
22, p. 110, 157, 205, 521; V. 23, p. 39, 40, 397, 622; V.
place.
32.)
are
as
J.
J.
24, p. 28.)
total bonded debt.
was
$15,905,310.
A Board of Finance
appointed m January, 1875, to confer with bond¬
holders of the State and they issued a notice as
quoted in V 20. p. 161; also statement of finances,
V 23 p. 174, See Chronicle, V. 19, p. 167, 189,
20, p. 139,16j; V. 21, p. 465, 590; V. 23, p.
637;
174.
V^
Jan.,
Jan.,
Oct.,
Oct.,
1883
1884
1894
1885
3 of advertisements;
Jan. 1,1903
1892
April 1,1877 to ’86
no
was
December, 1875, (V. 21, p. 691), in favor of the
State; no interest has been paid on these bonds
for some years past, and the road is to be sold by
the State in March, 1877.
' (Y. 21, p. 466; Y. 22, p.
158,233; V. 23, p. 576.)
pay¬
Georgia.—In June, 1876, $500,000 bonds sold to
mill.
pay overdue coupons on recognized bonds of Macon
& Brunswick and North & South Railroads, Th<7
Sta’e Legislature declared void all the semi-annual
of Columbia.—The total assessed value
of taxable real estate in 1875 was $93,452,684. United
States Attorney-General Pierrepont rendered o>n
opinion that the faith of the United States
is pledged for the payment of interest on the
3.65 bonds, but conflicting legal opinions have been
rendered as to the right of New York savings banks
to invest in these, as government ’-securities.
The
interest due February, 1876, \Vas not paid till March,
appropriation
1878, ’9, ’80, ’1,’6
July, 1886
Oct., 1890
Florida.—Less the sinking fund of $49,900, and J.
V. 19, p.
are
do
P. and M. loan, the total debt is $1,199,700.
Real
and personal property are valued about $35,000,000;
tax rate, 7 mills.
The loan to J. P. & M. BR. is
secured by mortgage on road, and the question as to
the Sta’e’s obligation to the bondholders was before
the United States Supreme Court, and decided in
since July, 1871, and those of 1864
1874.
Assessed value of real and
personal property, $351,785,469; rate of taxation, 1
District
July, 1881
made by Congress.
1876, and Feb., 1877, has
the Sundry Civil bill.
(V. 20, p. 239, 446; V. 21, p. 63, 417, 465; V. 22
p. 181; V. 23, p. 542; V. 24, p. 39.)
Connecticut.— The debt of Connecticut was all
created for war purposes, and has been reduced
since 1866 from $10,OOJ.OCO to the present figures by
able at pleasure
since October,
1883
1885
1893
The interest due Aug.,
been provided for by
otherwise would have been much higher.
Tax,
per $100.
The Governor advises the
gradual cancellation of the bonds held in trust
and the purchase of foreign securities in their
sinking fund purchases." The 1861 bonds
Arkansas.—Rate of taxation, 10 mills. The State
in default for interest, except on the ten per cents
of 1»74 and secured sinking fund bonds, issued
under the law of December, 1874. Assessed valua¬
tion of taxable property, 194,095.243.
The total
interest overdue July 1, -876, was #4,127,68--*, making
5
Y., Importers’ A Tr. B’k.
do
as
73^cents
p.
do
do
do
do
F. & A. N. Y., Fourth National B’k
J. & J.
do
do
Q.-J. N. Y., London or Frankfort
A. & O.
Not paid.
N. Y., Fourth National B’k.
A. & ON. Y., Fourth Nat. Bank.
$2,063,000 of bonds 1873. Total valuation of
property, 1876, was as follows: Real estate, $454,990,351;
personal property, $139,217,695-total,
$594,238,046.
This amount appears smaller from
the deduction of
“solvent debts” in 1876, but
(V. 19,
do
do
do
do
do
N.
&
&
and
and
the debt and
do
April, 1000
1,19^1 to ’03
California.—The State holds in trust for School
University funds the *500,000 Capitol bonds
per cent for 5 years, 3 per
cent for next 5 years, 4 per cent for next 10 years,
and 5 per cent for last 10 years, for old bonds, with*
out any allowance for past-due coupons. The ex¬
change may be made at Montgomery, and Alabama
& Chattanooga endorsed bonds may also be ex
changed (for $1,000,000of the new bonds, class C) at
London. For railroad endorsements the bonds issued
hear 5 per cent. The report of Funding Commis¬
sioners is in V. 21, p 622, and amounts above given
do
do
1899
1900
1900
1900
J.
J.
8
....
250Ac.
&
&
&
&
&
&
6
5, 6, 7-3
1,100,000
funding
1899
1900
J. & J. N. Y., First National Bank,
July 1,1891
J. & J.
do
do
July 1,1891
F. & A.
do
do
Aug. 1.1924
J. & J.
Washington, D: C.
July 26,1892
J. & J.
do
Oct.
Various New York and Washington.
Various
Washington, D. C.
do
Q.-J.
6
7
7 g.
7 g.
7
Bonds for
N. Y., Union Trust Co.
do
do
Hartford, Treasury,
900,000
3,600,000
2,098,000
1,880,000
307,500
1,000
1,000
1889
J. A J.
J. A J.
J. A J.
A. & O.
A. A O.
500
500 Ac.
1866
1870
1870
1872
1873
July 1,1906
July 1,1906
New York,
do
A J.
6
6
6
6
6
4,000,000
Various.
1893
1894
509,400
877,000
1,318,500
568,500
1,741,100
1,000
Mar. 12, 1866 (West. A At. RR.)
Sept., 1870, gold (int. quarterly)
Oct., ’70, gold (int. semi-annual)
Jan. 18, ’72
do
do
do
do
2,801,000
1870
of
of
of
of
1888
Jan., 1892
Sacramento, Treasury,
7 >
6 g.
8 g.
act
act
act
.act
do
New York,
do
do
5 A 8
350,000
8S4.500
Bonds,
Bonds,
Bonds,
Bonds,
1886
1886
1886
1886
J. & J.
J. & J.
J. & J.
152,400
476,000
1,812,300
1,235,824
252,317
June, 1890
do
do
.
7 g.
7 g.
6 g-
4,000,000
677,300
13,743,050
May, 1892
May, 1886
May, 1886
10
i.o'oo
Atlantic & Gulf Railroad bonds
J.
J.
J.
J.
J.
J.
S
J
J
J
J. A J.
J. A J.
Loan to
Georgia—
New York,
do
do
London. Union Bank.
....
1873
Jacksonville, Pensacola & Mobile RR.
N.
N.
N.
1.
N.Y., Nat. Bank State N. Y,
State bonds
Consolidated gold bonds
1871
M. &
M. &
M. &
June
J. &
J. &
J. &
J. &
J. &
J. A
M. &
J. &
J. A
J. &
8
3,209,000
1,398,512
....
California—
State
|
300,000
2,000,000
9,193,000
998,135
....
Arkansas—
Funding bonds of 1869 and 1870
To little Rock & Fort Smith Railroad
To Little Rock, Pine Bluffs & N. Orleans RR..
To Miss., Ouachita A Red River Railroad
To Arkansas Central Railroad
5
5
5
6
5
6
5
8
2,810,670
....
.
187 4
1869
1870
1870
1870
1870
1863
601,000
128,900
299,275
20,343
33,992
205,620
279,200
150,500
.
....
Bonds of 1866
Bonds of 1868
1868
New 8 per cent, loan of 1872
1872
do
do
1873
1873
Railroad substitution loan, gold (Act Apl.,’73)
1874
Substitution bonds (A)
1876
do
forRR. ($4,000 p.m. loan) (B).
1870
Educational funded debt
Direct loan to Montgomery & Eufaula RR....
1870
Direct loan to Alabama A Chattanooga RR..
1870
Railroad bond indorsements
1870 to ’71
State certificates and Auditor’s warrants
Secured sinking fund bonds (Act. Dec., 1874)
To Memphis A Little Rock Railroad
$57,000
gold bonds
of
1870
($1,880,000), and
$102,000
of the Quarterly bonds held by H. Clews <fc Co.:
the Brunswick A Albany bonds, $1,500,000; and all
railroad endorsements, except, $1,950,000 Macon So
‘
Brunswick; $464,000 So. Ga. A Florida; $240,001 No.
& So. Ga.; aind $31,000 Memphis Branch. Assessed
valne of property in 1874, $273,000,000; in 1875, $261,755,88^1; rate of tax, four mills. Macon A Brunswick
SEGUBITIES,
STATE
January 27, 18 7.]
v
by giving Immediate notice oi any error discovered In these Tables.
Subscriber* will confer a great flavor
INTEREST.
For explanation see
Size
Date of
Bonds.
DESCRIPTION.
par
Value.
notes on first page of tables.
Principal when
Amount
or
outstanding.
Payable
Where payable and by
whom.
J. & J. N.
Y., Fourth National Bk.
When
Rate.
aue.
y
Georgia—( Contin ued)—
Bonds to fund coupons on endorsed bonds...
RR. end’8em’t8(only $2,418,000 acknowledg’d)
$500,000
1876
1870 to’71
1870
bonds...
7
J. & D.
913,164
224,000
86,000
142,300
6
6
6
6
6
J. & J. N.
J. & J.
J. & J.
M. & S.
J. & J.
200,000
758,000
3,904,783
7
6
6
Various
101,175
739,000
346,000
6
7
7
J.
J.
500
120,000
518,000
207,000
6
6
8
6
8
6
8
7
6
730
8
6
8
1847
.
1,000
1,000
1,000
100 &c.
1875
Bonds, short loan
do
do
School fund bonds (non-negotiable)
1876
Kansas—
Bonds, 1861 to ’69, funding, &c
Bonds for various State purposes
Military loan
....
....
>
Louisiana—
1853
Bonds for relief of State Treasury.
Bonds in aid of various railroads
Levee bonds—Act 35 of 1865
do
Act 115 of 1867
do
special—Act 32 of 1870
Bonds funding coupons
do
to Boeiif & Crocodile Navigation Co...
do
issued to State Penitentiary
do
to fund floating debt of State
do
to Mississippi & Mexican Gulf Canal.,
do
to Northern Louisiana & Texas RR. Co.
do
school & seminary, held by 8t. Treas..
do
to N. Orleans, Mobile & Chatt. RR
to N. Orleans, Mobile & Texas RR
do
N. O. Mob. & Texas RR. bonds, end. by State
1,000
1,000
1,000
1866
1867
1870
1866
1870
1869
1870
1869
-
500
100 &c.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1869
1857
1870
1871
1,000
1869
1874
o?
71,000
385,000
307,000
2,330,000
1863
1863
1864
3 "So
do
r9
U <D
debt assumed
1838
•
435,000
156,615
31,069
1839
1837
Susquehanna Railroad
Annapolis & Elkridge Railroad
Massachusetts!...
Union Fund Loan...,
Coast Defense Loan
50,000
220,000
1,000
1,000
600,000
i;ooo
1863
sterling
War Loan, sterling.
1R
Troy & Greenfield Railroad loan,
do
do
do
do
do
do
do
500 &c.
£100 &c
£200
1869
1858 to’61 £200 &C
1861 to ’63 500 &c.
£100
1868
200 &c.
1871
£500
1875
1864
-
1864
sterling..
home T
sterling
sterling.....
sterling
dollar bonds 1873 to ’74
1875
do
1860
1,000
1,000
1857
1868 to ’69
1874
1874 & ’76
1,000
Southern Vermont Railroad Loan
Norwich & Worcester Railroad Loan
Boston, Hartford & Erie Railroad,
Harbor Land Improvement (5-20s)
sterling...
Lunatic Hospital
Lunatic Hospital, Worcester. .*
New State Prisons, sterling
Danvers
s;ooo
£200
1,000
1,000
l'OOO
1875-’76
£500
1875
888,000
200,000
4,379,500
4,000,744
999,944
554,180
966,500
2,952,400
5,598,912
1,500,000
700^00
1,300,000
200^000
400,000
3,599^024
400,000
1,350,000
1,100,000
1/292,280
April 1, 1878
8
8
7
1879
N. Y., Donnell,
do
-
& J.
J. & J. N.
Various
1883 to’84
1877 to ’99
1884 to ’99
L. & Co.
do
do
do
& J.
July, 1893
O., Louisiana Nat. Bank.
Various
1872 to 1906
1886
do
do
do
do
N. Y., Winslow, L. & Co.
M. & N.
do
do
M. & S.
J. & J. N. O., Louisiana Nat. Bank.
do
do
J. & J.
N. Y., Winslow, L. & Co.
M. & S.
do
do
M. <fc N.
M. & S. N. O., Louisiana Nat. Bank.
N. Y., Winslow, L. & Co.
A. & O.
Various N. O., Citizens’ Bank of La.
N. Y., Winslow, L. <fe Co.
J. & J.
r
A. & 0.
_.
T
May 1,
May, 1910
1899
1909
1897
July 1,1910
April, 1911
_
N.
Jan., 1914
Y., Winslow, L. & Co.
6
6
6
6
6
Various
M. & S.
F. & A.
J. & D.
A. & O.
Augusta and Boston.
Boston, Suffolk Bank.
5 g.
J. & J.
J. & J.
J. & J.
Q.-J.
1877-’78
London, Baring Bros.
Baltimore, State Agency.
5 g.
5 g.
5
do
do
do
do
March, 1883
Aug. 15,1880
June, 1889
Oct., 1898
Augusta and Boston.
& J.
A. & O.
J. & J.
J. & J.
J. & J.
1890
1865
1880 & 1890
1890
1890
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Q.-J.
1890
do
do
do
do
Quart’y
do
1885
1890
1890
1875 & ’93
1885 & ’89
April, 1882 tQ *87
« « s %
....
S g5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
6
5
5
5
5
5
1907
March 1,1875
1886 & ’88
Jan. 1, 1890
March 1,1909
....
J. & J.
6
500
•
Jan., 1880
Jan., 1880
Jan., 1880
-
July.
454,361
1,000
•
Various
do
do
do
do
225,000
330,000
1857
1861 to’62
1862
1863
•
do
do
do
do
do
•
J.
100 &c.
•
•
6
6
6
6
6
6
1872
1873
Maryland Hospital Loan, 10-15 years
Maryland State Loan
•
Jan., 1878-
Y., Am. Exohange Bank.
A. & O.
3,333,583
1871
Loan
Dec., 1890
paid.
New York.
•
5
3
269,000
528,785
298,435
62,015
....
1839
1839
1868
Baltimore &
do
do
do
do
do
do
2,028,888
2,551,444
Various.
Railroads and canals
Eastern Shore Railroad
Baltimore & Susquehanna Railroad
Chesapeake & Ohio Canal
Bounty Fund Loan
Bounty Fund Loan
2,827,000
1838
Chesapeake & Ohio Canal sterling
Susquehanna & Tide Water Canal,
do
1,000
500 &c.
100 &c.
1838
Baltimore & Ohio Railroad sterling
,
500 &c.
1868
Maryland—
Massachusetts—
Lunatic Hospital (Western
Back Bay Lands Loan
747,500
100,300
80,000
87,000
1,672,000
260,000
10,000
184,000
70,000
2,500,000
875,000
1851 to ’61 500 <fcc.
ft®
Bounty loan bonds...
526,000
9,306,900
Maine—
Civil loan bonds
War loan bonds
23,000
100 <&c,
Consolidated funded bonds....
Defense Bounty Loan
Deaf and Dumb Asylum
Not
i;5oo;ooo
1,000
July 1, 1896-
-
1861 to ’69 100 <fcc.
1861 to ’69 100 &c.
1864 to ’65
Brunswick & Albany Railroad direct
Illinois—
Interest bonds, inscribed stock
Refunded stock bonds
Normal University bonds
Thornton loan bonds
War bonds
Indiana—
do
Municipal war
7
7,545,900
ggg.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
Boston, Treasury.
J. & D.
M. &N.
J. & J.
J. & J.
J. & J.
M.
M.
J.
A.
A.
A.
J.
J.
J.
J.
A.
J.
J.
J.
& N.
& N.
do
do
do
London, Baring Bros.
do
do
Boston, Treasury.
do
do
& J.
& O.
&
&
&
&
do
do
do
do
do
do
do
O.
London, Baring Bros.
O.
J.
J.
& J.
& J.
& O.
& J.
& J.
& J.
Various
do
do
do
do
Boston, Treasury.
do
do
do
do
do
do
London, Baring Bros.
Boston, Treasury.
Boston, Treasury.
do
do
Various
J. & J.
London, McCalmonts.
June, 1877
May, 1880
July, 1877 to *78
July, 1883
July, 1883
May, 1894
May, 1894
July, 1889
Oct., 1888 to ’90
April, 1890 to ’94
April, 1882
July, 1891
Jan. 1, 1895
July, 1891 to ’94
July, 1895
April, 1890
July, 1877
Jau. & July, 1900
July, 1894
July, ’94-Sept., ’96
May, ’95-Sept., ’96
Jau. 1, 1895
-
Railroad endorsement was declared valid by Legis¬
lature of 187 i. but the later issue of $600,000 was
declared void by the Legislature in 1875. Governor’s
-Message, V. 22, p. 87. ( V. 22, p. 440, 590, 614; V.
23, p. 622.)
been rapidly reduced of
late years, and, without the addition of new loans,
will soon be extinguished.
The Illinois Central
Railroad charter tax on earnings contributes over
$400,000 per year to the State revenue. For 1876
the total assessed value was: personal property,
$203,908,736; lands. $490,119,292; town and city
IUinois.—'The debt has
Trustees of said incorporated town, issue the
of such town to an amount not exceeding
bonds
in the
aggregate $10,000, in denominations of not less than
$50 nor more than $500, and payable at any place
that may be designated in the bonds; the principal
in not less than one year nor more than ten years
after the date of such bonds, and the interest,
annually or semi-annually, as may be therein pro¬
vided, to provide the means with which to complete
such
buildings;
provided that such bonds
shall not be sold at a price less than ninetyfour cents' on the dollar, nor bear a greater
rate
of
interest than eight per centum per
annum.” A similar law was passed for counties.
$261,795,241; railroads, £38,926.090; capital (V. 22, p. 209.)
$3,373,751. For the year
in the State: State taxes,
Kansas.— Kansas has but a small State debt, but
3,966,596; County taxes, $6,438,787; City taxes, the issues of municipal bonds have been large.
6 995,662; Town, district and other local taxes, The
valuation of real and personal property
in 1875 was $121,544,344; tax rate, 6 mills for
11,606,414; total, $29,007,461. (V. 24, p. 40.)
State
purposes; and an average of 3.78 per
£190 for al purposes. State funds hold £759,250 of
Indiana.—There are also $139,000 of war bonds. the bonds, (V. 20, p. 14; V. 24, p. 40.)
There is a question as to the State’s obligation to
lots,
stock of corporations,
1875 there was levied
pay the Wabash
to the origin of
compromise
'
& Erie Canal debt. A reference
State’s
with the bondholders in 1846, will be
that debt, arising from the
found in the Chronicle, V. 19, p. 493; see also p.
5®
A suit on the question was brought and decree
of sale obtained (V. 21, p. 85; V. 22, p. 104,615). Tax¬
able valuation, 1875—real estate, £621,416,973; per¬
sonal, £231,667,147; railroads. $38,436,9*9;
tions, $4,045,503; tax rate, 1# mills. A
mitting towns to issue bonds was passed
main section being ap follows:
corpora¬
law per¬
in 18/5, the
i.—Be it enacted by the General Assem¬
bly of the State of Indiana, That any corporated
town in this State which shall have heretofore, by
the actiou of its Board of Trustees, commenced the
“
Section
erection of any public
market bouse, engine
buildings, to be used as a
house or other public pur¬
means with
passage of
authorizing the same by the Board of
the
poses, and shall not have
necessary
which to complete such building, on the
an
ordinance
Louisiana.—'The funding bill
scaled the debt down to 60 per
passed Jan. 24, 1874,
cent of the face value.
similar coup¬
issued; interest on
jonds is paid in New York, but no inter¬
on bonds unfunded. These consols, were
For coupons lacking on bonds funded,
cut from the neiy bonds
ons are
consol
est
paid
New York Stock Exchange, May,
1876. In December. 1.876, there were nearly $3,000,000 old bonds in N-w Orleans awaiting funding, but
admitted
to
the Governor would call no
The principal
act on them.
meeting of the Board to
bonds not fundable are,
$119,000 of RR. bonds; $48.000school; $260.000Miss.
& Mex. Gulf Canal: $80,000 Bseuf & Cr. Nav.;
$875,000 N. O. M. * Tex. endorsed; and $2,500 000
N. O. Mob. & Texas. The same tax of 14# mills,
in 1875 as in 1874 (in 1873 the rate was 21# mills )
The total assessed value of ml estate in 1875 was
$150,507,073; personal. $40,349,547; of which New
Orleans had $98,463,269 of real and $26,118,833 of
personal.
The gross revenue in 1875 was $3,286,153
and expenses $3,185,707.
The $2,500,000
N. O. Mob. & Texas Railroad have been
void by State Supreme Court, but a
bonds to
declared
re-bearing
granted. (V. 20, p. 78, 83, 476, 521, 546; V. 21, p. 15,
63, 110, 159, 231, 489, 535, 613; V. 22, p. 62; V. 23, p.
525, 595.) T
funds, January, 1876, re¬
of $5,272,688.
Valuation of total taxables in 1875, $255,000,000;
tax rate, 5 mills. Governor’s message in V. 22, p_
Maine.—The
sinking
duce the total debt to a net amount
62.
Maryland.—The assessed valuation of property in
1875 was $427,753,393, on which the rate of taxation
in 1876 is 17# cents per $100; income from dividends
on
railroad, canal and other stocks owned by the
St*.te
was
$133,491.
The State has largely assisted
canals and railroads, and holds $4,787,295 *of stocks
and bonds of companies paying interest promptly,
leaving only $5,916,582 of debt without any offset;
the State also holds $22,555,188 in unproductive se¬
curities. On two investments only, the Comptroller
says
that the Stat i has met no loss, viz., the Balti
& Ohio and the Colombia & Port Deposit rail¬
more
roads.
Massachusetts.—All interest on the funded debt of
Massachusetts is
the State stands
paid in coin.
The credit of
nigh in London and at home.
the funded debt was reduced
During 1876
The sinking funds m January, 1876,
$•336,OiO.
were
£11,725,309. The Hoosac tunnel has cost
the State about $17,200,079.
Real estate assessed
in
1876,
£1,262,142,326;
personal,
including
bank
shares, $538,405,162; tax rate, 1875, 106
mills.
The loan to B. H. & E. Railroad was
secured by deposit of $3,600,000 “Berdell” mortgaffe
bonds, afterwards exchanged for new stock. (V.
20, p. 335, 521; V. 21, p. 277; V. 22, p. 62; V. 23, p.
354.)
STATE
SECURITIES.
*'
[January 27, 1877.
&
Subscribers will confer a {treat favor by giving: Immediate notice of any error discovered In these Tables.
Date of
Bonds.
DESCRIPTION.
For explanations see
Size
par
Value.
notes on first page of tables.
Michigan—
or
outstanding.
1858
$101,000
1,000
1,000
1,000
822,000
357,000
46,000
1867
War Bounty Bonds
Sainte Marie Canal bonds
$1,000
1863
1865
1859
Renewal Loan Bonds
Two Million Loan
INTEREST.
Amount
1,000
1,000
1,000
1,000
1,000
100,000
100,000
50,000
250,000
When
Rato.
Where
J. &
J..&
M. &
J. &
7
7
7
7
7
J. &
J. &
-J. &
J. &
J. &
Due.
Whom.
Payable
6
6
7
6
Principal—When
Payable and by
J. N. Y., Am.
J.
do
N.
do
do
J.
'
July, J.878
Exchange Bank.
do
1878 & ’83
May, 1890
do
do
July, 1879
Minnesota—
State Building Loan
do
do
do
do
do
do
coupon
Railroad Bonds (not recognized)
1868
1869
1873
1858
2,275,000
St. Paul,
J.
J.
J.
J.
D.
do
do
1877
1878
1879
1883 to 1903
Treasury.
do
do
do
do
Dec., 1887
Missouri—
1865 to’66
1868
1872
1874
State bonds
Consolidated bonds
University and Lunatic Asylum bonds
State Bank stock refunding
Bonds to North Missouri Railroad
Bonds to Cairo & Fulton Railroad
Bonds to Platte County Railroad
Bonds to Iron Mountain Railroad
Pacific Railroad of Missouri
Southwestern Branch Pacific Railroad
Funding bonds
Renewal bonds,
1854 to ’58
1857 to ’59
1859 to ’60
1854 to ’59
1853 to ’59
1857 to ’66
1874
1875-6
1857 to ’75
1874
renewal
War loan, coupon bonds
do
do
Municipal war loan
State bonds
New Jersey—
War loan bonds, tax free
do
do
do
do
do
taxable
New York—
1,000
1,000
1,000
1,000
1,000
800,000
1,000
1,000
1,000
1,000
1,000
100 &c.
100 &c.
1861
100 <fcc.
100 &c.
100 &c.
1863
1864
Bounty loan bonds, coupon
1,<XM
'
do
do
registered stock
General fund debt—Astor stock
do
do
do
deficiency
do
do
do
do
loan
og-
1827 to ’32
1848
1848
1875
Under Art. 7, Sec. 3, of Con¬
stitution and Art. 7, Sec. 12.
►
^
1
acP*
Fa
1872
1873
1873
1874
Comptroller’s bonds (by Rev. Stat’s)
m
North Carolina—
Railroad and improvement bonds, old
do
do
do
old
RR. and improv’t bonds, new (not special tax)
do
do
do
do
Funding bonds, since war
do
do
Ohio—
do
do
1800
1856
—
June, 1886....
Oregon—
Bounty bonds
is 70
Willamette Canal and Lock
Pennsyl na n in—
Inclined plane loan
Coupon loan (except $53,000 reg.), April 2
do
April 2
do
May 4
Registered loan, May 4
Coupon loan (except $41,000 reg.) of April 19.
1849
1852
1852
1852
1852
1853
1867
1867
1867
—
Stock loan of Feb. 2 (registered)
do
do
(registered)
do
do
(coupon)
Michigan.—The debt has been largely diminished
in the iast few years.
Assessed valuation of real
and personal property, 1876, $630,000,000, and tax
rate 24 mills. Surplus revenue is applied to pur¬
chase of bonds. (V. 20, p. 139.)
Minnesota.—All the State bonds are now held by
the permanent school fund. Minnesota is usually
classed among the States which have avoided their
obligations, in consequence of her refusal to recog¬
nize the “State Railroad bonds’’ of 1858 to the
amount of $2,275,000. See Governor's Message, V.22,
63. Property valuation, 1875, $218,855,743, of which
$45,162,467 was personal; tax, 21-10 mills. (V. 19,
p. 493; V. 22, p. 567; V. 24, p. 40.)
p.
Missouri.—The equalized valuation of afll real
personal property in 1876 was $1,001,123,110.
Railroad property was assessed at $54,849,312,
as returned to
the County Courts; but at only
$19,861,141, as returned to the State Auditor in
1875.
The State had $1,428,000 bonds maturing
in 1875, and $3,907,000 in 1876.
To provide for
these, a law of 1875 authorized the sale of new
bonds, and the State Commissioner's report to July,
1676, is in V. 23, p. 135. The Hannibal & St. Josepli
Railroad provides for its own
debt.
Bonds falling
due are paid in currency, pursuant to a resolution
of the Legislature, although some of these bonds are
payable by their terms in “ gold or silver.” (V.
20, p. 83, 161, 290, 313, 336,
477; V. 21, p. 277;
Y. 22, p. 83, 591; V. 23, p. 13-5, 397, 493.)
&3.
Nevada.—The debt of Nevada is hardly more than
nominal.
New Hampshire.—'The debt of New Hampshire
created for war purposes, and is being gradually
reduced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to be applied to their
war debts.
Total valuation in 1876, $199,080,353.
Tax rate, $2 per $1,000.
9*2 & 10 Various
M. & S.
9*2
&
&
&
&
7
J.
J.
7
5 g- J.
6 g. J.
5 «fc'6 g. J.
6 g- J.
6 g- J.
6 g. J.
6 g. J.
6 g. J.
6 g- A.
5 & 6 g.
100 Ac.
100 &c.
....
1,000
1,000
1,000
1,000
1,000
50 &c
1 50 &c
j 500 Ac
do
7
7
J.
J.
<fc ,T.
& J.
0 g.
5 g.
J.
J.
J.
F.
F.
F.
F.
F.
F.
&
&
&
&
&
&
&
&
&
New York.—There is also $68,000 contingent debt
of Long Island Railroad, and $7,361 per annum for
Indian annuities. An abstract of the Comptroller’s
report was given in V. 21, p. 17, showing a net
reduction of $5,012,787 in the debt for year ending
Sept. 30, 1876. The following were valuations and
tax rate for State purposes in the years 1859 and
1865, and from 1870 to 1876 :
State tax.
Real Estate.
Personal.
Year.
1859..
$307,349,155
2)4
$1,097,564,524
4 53-80
1865..
1,158,327,371
392,552 314
7 41-156
1870..
1,532,720,907
.434,280,278'
5 79-120
1871..,
1,599,930,166
452,607,732
9 4
1872..
1,644,379,410
147,248,035
6 95-100
1873..
437,102,315
1874..
1,750,698,918
418,608.955
7K
6
1875..
407,427,399
1,960,352,703
3 11-24
1576..
2,108,325,672
357,941,401
...
.
...
...
...
...
...
J.
O.
J.
O.
J.
O.
J.
O.
0.
counties, $46,685,264, and towns, $25,140,181.
20, p. 28, 60, 615; V. 22, p. 63, 471; V.
p.
(V.
24,
1-7.)
North Carolina—North Carolina is heavily burden¬
her taxable property.
1872 at $123,507,628, a
low valuation. Interest is paid on bonds issued
Carolina Railroad ($2,800,000), as the
to North
Jersey.—'The debt was created for war pur¬ State holds $3,000,200 stock and receives div¬
Of the first two classes of bonds the princi¬ idends thereon. Other interest in default. A fund¬
ed with debt, in proportion to
Total property was assessed in
On demand.
J.
J.
J.
A.
A.
A.
A.
A.
A.
1868
1868
1868
1868
do
do
do
do
to
to
to
to
’98
’98
’98
’98
Jan., 1900
Oct., 1898
Raleigh, Treasury.
Indefinite.
New York.
Oct., 1898
1898 to ’99
do
„■
Y., American Exch. B’k.
do
State
do
do
do
do
do
do
do
do
do
July, 18j$l
Jan., 1887
1884
1880
Treasury.
Pliila., Farm. & Mecli. B’k.
do
do
do
do
do
do
do
do
April, 1879
July, 1882
July, 1882
Aug., 1877
Aug., 1877
Aug., 1878
Feb., 1877
Feb., 1877 to ’82
Feb., 1877 to ’82
ing bill passed the Legislature March, 1875.
(See
Chronicle, V. 20, p. 336.)
In New York, bonds
thus: “Old,” being those issued prior
classified
to May 1, 1861, coupons on from Jan. ’69; “ N. C. R.
R.” issue of $2,800,000 to that road, coups,
on since
Jan. & April, ’69; same “coup, off” nave had 7
coups, paid; “funding act ’66 C9rry coups. Jan.,
’69; “funding act”
’68 carry coupons April,
’69. “ New ”—authorized before war, except $1,500,000 in 1868; “Special tax, 1st,” carry coup. April,
’69; “ 2d ” coup, of Oct. ’69; “ 3d ” coup. April, 1870.
(V. 21, p. 570; V. 23, p. 599, 615, 647; V. 24, p. 17.)
are
Ohio— Ohio has a very small State debt, but
large local debts, amounting in 1876 to $36,059,978.
Valuations in 1876 were : Real estate in cities, &o.,
$371,848,028; other, $704,940,269; personalty, $520,631,599. Tax rate in 1875, 3 2-10 mills for State, and
an
average of 25 9-10 mills for local purposes.
Report on State and local debts, V. 22,
24, p. 17.)
...
For the fiscal year, 1S75-6, the tax rate was reduced
to 3 11-24 mills.
This was partly owing to the con¬
siderable reduction in the Bounty debt, and the in¬
crease of sinking fund resources.
For 1876-7 the
Comptroller recommends a tax rate of 2% mills.
He disapproves of the large increase in the assessed
value, as shown above, and claims that there has
not been a real increase in value to the extent
shown by the figures. In 1874, the local debts of
cities in New York State were $137.539,6.9; of
do
New York.
do
26,500
200,000
369,000
Oct., 1893
Dec., 1877
July, 1887
Jan. 1, T883
July 1,1891
Oct. 1, 1892
Albany.
& J. N.
& J.
7,521,550
At will.
Albany.
J.
J.
273,000
88,350
April, 1877
April, 1877
N. Y., Manhattan Bank.
do
do
do
do
do
do
do
do
6
6
5 g.
5 g.
5 g.
6
6
6
do
At will.
4,072,640
2,400,000
412g.
Jan., 1878 to ’84
Jan., 1886 to ’96
Jan., ’97 to 1902
do
July, 1878
6
395,000
87,000
2,810,000
457,500
1879 to’80
Albany.
11,407,000
383,045
1,000
1,000
July, 1878 & ’78
Sept., 1884 to ’89
Jan., ’92 to 1905
N. Y., Manhattan Bank.
J.
J.
J.
J.
J.
J.
J.
J.
O.
400,000
100 &c.
100 &c.
1881 and ’82
March, 1887
N. Y. Manhattan Bank.
do
do
44,000
1,695,000
2,417,400
1,711,400
J.
A.
J.
A.
J.
A.
J.
1895-6
1887 to’95
Boston.
do
do
do
do
do
6
6
(i
6
6
2,383,000
6
6
6
July, 1894
Trenton and Jersey City.
&
&
&
&
&
&
&
A. &
A. &
4,738,800
3,639,400
or
do
do
do
....
was
New
poses.
Conoord
J.
S.
J.
J.
& J.
& J.
&
&
&
&
&
&
&
&
&
1877 to '88
1877 to ’89
1889 to ’90
1877 to ’89
1876 to’87
1876
State Treasury.
do
J. & J.
J. & J.
J. & J.
pal is payable $100,000; per year. Valuation of real
and personal property m 1875 $612,731,094, against
$619,097,903 ; State tax, 3)4 mills.
.
and
6
6
6
6
6
6
6
6
1,000
Registered certificates of literary fund
6
800,000
900,900
593,400
800,000
1,537,887
473,000
880,000
1,562,900
847,500
4,302,600
2,000,000
66,443
July, 1892
,
500,000
1,000
1866
1868
1867
1868
-
J.
M.
J.
J.
1,057,000
9,895,500
1883
1888
& J. N. Y., Bank of Commerce.
J. & J.
do
do
J. & J.
do
do
J. & J.
do
do
J. & J.
do
do
do
J. & J.
do
J. & J.
do
do
J. & J.
do
do
J. & J.
do
do
do
J. & J.
do
J. & J.
do
do
do
do
J. & J.
J. & J.
N, Y., B’k N. America.
do
J. & J.
do
J.
6
6
6
6
213,000
600,000
2,206,100
500 &c.
500 &c.
Penitentiary bonds, act Aug. 24, 1868
Special tax bonds
Registered loan, payable after June, 1881
160,000
561,500
flj
r
do
504,000
1,872,000
2,973,000
784,000
1,000,000
3,805,000
2,715,000
285,000
1861
1864
1872
1873
do
Nevada—
State bonds
Territorial bonds
Neio Hampshire—
•Canal debt,
439,000
2,727,000
401,000
104,000
2,256,000
392,000
1871
1872
5-20s, (act Mch. 29, *7t)
Hannibal & St. Joseph Railroad
coup.,
do
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
6
6
6
6
6
6
6
6
p.
64; V.
Oregon.— The debt is provided for by sinking
Taxable property
funds, payable from land sales.
was assessed at $41,197,149; )4 mill tax
laid for Relief bonds and 1 mill for Bounty
bonds.
in
1875
was
Pennsylvania.—Total debt Nov. 3V76, $22,978,950;
available assets/ $9,054,910; net debt, $13,924,039.
The financial system is remarkable in Pennsylvania,
in the fact that no tax is laid for State purposes on
real estate.
Revenue is raised from numerous
principally from corporations. Taxes are
personal property, which was assessed at
$159,382,242, and the tax was $574,817 in 1875. State
sources,
levied
on
exceeded
expenses have lately
revenue, and sinking
funds have been diverted to meet the deficiency.
The State holds $1,751,321 in stocks and $10,554,321
of railroad bonds. Interest is paid in gold on all the
S^te debt issued prior to 1807. Any coupon bonds
may be changed to registered. The bonds due in
1877 are payable at any time till 1882; those of 1884
tHI 1892.
(V. 21, p. 187; V. 22, p. 64.)
Subscribers will confer a
vn
SECUKITIES.
STATE
January 27, 187/.]
great favor by giving Immediate notice of any error
discovered In these Tables.
INTEREST.
For
do
1867
1867
1867
1872
(registered)
do
do
do
(registered)
Agricultural College land scrip
jRhode Island—
War bond
do
a
1863
1864
,
1794
1836 to ’61
1853 to ’54
1866
1854
1868
1868
1868
1869
1869 to ’70
1838
1838
1869
1873
1873
State stock
State House stock
do
bonds
Funding bonds and stock
Ridge Railroad bonds
Funding bills receivable
Blue
Payment of interest
Funding bank bills
Conversion bonds and stock
Band commission bonds
Fire loan bonds, sterling
stock, domestic
Bonds—Relief State Treasury
Consolidated bonds, coup. (Funding act)
do
do
stock (Funding act)
Railroad endorsements
Tennessee—
New funding bonds, act of 1873
Bonds registered, act of 1873
Fundable bonds and coup, not yet
presented.
Bonds, registerable, not presented
Held by E.T. University (not to be
funded)...
5
6
5
6
'
989,000
200,000
631,000
738,000
6
6
6
6
M.
A.
J.
F.
23,684
520,346
240,000
401,700
680,000
177,000
261,000
370,500
648,300
22,000
481,944
218,423
10,000
4,023,000
149,254
3
6
6
6
9
6
6
0
«
6
5
6
7
6
6
1862
1862
registered
Virginia
Old bonds, 23 fundable, coupon
1851 to ’66
1851 to’66
do
23
do
registered
1851
do
sterling, not required to be funded
1871
Consol. (Act Mar.
coup, tax receivable—
1871
do
reg., conv. into coup....
do
1872
do
(Act 1872) coup., not receivable
1872
do
do
reg.,
do
1871
Deferred certificates (W. Va.)
1871
Interest on sterling debt, funded (Act 1871)..
v71)
1,000
1,000
1,000
1,000
Various
Various
1,000
50,&c
1,000
1,000
1,000
500,<fcc.
500,&c.
500,&c.
....
•
•
®
•
•
®
Various
Various
Rhode Island— The debt was all created for war
purposes and is being steadily diminished.
valuation of real property in 187G was $185,159,84?,
and personal, $86,89J,928, and tax rate 15 cents
The
bn
$100.
&
A
&
&
S. Providence,
do
0.
do ‘
J.
do
A.
J.
J.
J.
J.
A.
A.
J.
J.
J.
g.
gg.
g.
ggg.
gg.
&
&
&
&
&
&
&
&
&
do
do
do
d©
do
do
do
J.
J.
J.
J.
O.
O.
J.
J.
J.
Columbia and New York.
Columbia, Treasury.
Columbia aud New York.
do
do
do
do
do
do
do
do
London.
Columbia.
Q.-J.
Q.-J.
J.
J.
J.
R. I. H. <fc T. Co.
Columbia, State Treasury.
Q.-J.
g.
g-
Feb., 1877-1882
Feb., 1882-1892
Feb., 1882-1892.
March, 1882
April, 1893July, 1895
Aug., 1894
At pleasure.
1877 to ’86
1871 to ’80
July 1,1887 to ’97
July 1,1875 to’79
July 1,1888
July 1, 1888
July 1,1889
July 1,1882
July 1,1868
July 1, 1868
1888
& J. Columbia & Fis. Agen. N.Y.
New York or Columbia.
& J.
do
do
& J.
July 1,1893
July 1,1893
Nat. Bank,
July 1, 1914
J. &
J. &
6
5 & 6
J. N. Y., Fourth
do
J.
1,000
1,000
1,000
1,000
200,000
499,000
697,000
500,000
1,000,000
6
10
7 g7 g7 g-
Various N.
J. & J.
M. & S.
J. & J.
J. & J.
100
1,070,357
10
J. & J.
500,&c.
500,&c.
134,000
137,000
6
6
J. & D.
J. & D.
6,401,285 5
\
6
J.
J.
J.
J.
J.
J.
J.
J.
J.
1,000
Various
500&C
]
Vari’s 5
£100 Ac
100,&c.
100,&c.
100,&c.
100,&c.
Various
Various
5, 514, 6
5
6
J. & J. N. Y.,
6
2,331,250
18,239,600
1,997,415
5
6
6
2,021,000
.6
6
6
1,196,786
15,239,370
212,833
1,676,827
&
&
&
&
&
&
&
&
&
with those
remaining due,
paid
March, ’73, provided
due
well as
all past-due coupons, and coupons maturing on
or before Jan.
1, 1874, in a 10*40 year 6 per cent
bond. The total debt given above is, substantially,
according to the last report of the Comptroller,
January, 1875. The Governor, in Jan., 1877, gives
debt of solvent railroads at $3,458,145, aud total
debt, less that amount, $22,852,011, Including
$2,088,746 past-due interest, against which $95,636 is
owed by solvent railroads. The State’s endorse¬
ments for railroads are $1,802,000, of which $1,560,000
1900
Fourth Nat. Bank.
Y., Bank of New York.
do
do
d*
do
do
do
do
do
do
dp
Boston, N. B. Mut. Red’n.
1875 to 1900*
Various.
1877 and 1891
Jan., 1884
1910
1892
March 1,1904
1894
Dec.
Montpelier, Treasury.
New York.
J.
J.
J.
J.
J.
J.
J.
J.
J.
Richmond, Treasury.
London, Baring B. & Co.
Richmond, Treasury,
,
1876-781890
1886 to ’96
At pleasure
1886
1905
1905
do
do
do
Contingent
1905
London, Baring B. & Ci.
The
Total valuation of
railroad property,
$51,000,000. The rate of taxation is 40 cents on the
$100. Tennessee bonds, sold in New York as “old,”
$135,500 are held for Agricultural College,
sinking fund, Aug. 1., 1876, was $135,932.
are
bonds held by Literary fund and Sinking fund.
The Funding act of 1871 provided that coupons
of the funded bonds should be receivable for
and having coupons
“ex coupon,” have only the
those issued before 1862,
July, 1-69; Old
cent, and
1875. The coupons of July, 1875, together
of July, ’74, and Jan., ’75,
were
in Sept.,’76. The law passed in
for funding all outstanding, legally issued bonds,
between July 1, 1874, and July 1, 1864, as
1875 to 1900
....
message on finances
Tennessee.—On the first of July, 1874, the pay¬
ment of interest was resumed, and the interest
due January 1,
1875, was paid by help of a
Joan of $300,000, but default again made July,
do
....
coupon of July, 1875; “New,” issued since 1862 car¬
of July, 1869, “ex coupon” July,"
law approved Dec. rying coupon Series,” the new funding bonds. 1875,
“New
(V.
22, 1873, provided for scaling down the old debt by only;
18, p. 143, 247. 350. 497; V 19, p. 1G7; V. 20, p. 14, 84,
313,
282,
firing new the conversion bonds toper amount 161,p. 16, 491; V. 21, p.p.87,40.) 614; V. 22, p. 472; V.
to
the
eclared void
397; V. 24,
of $5,965,000.
The January, 1876, interest was 23,
paid on consolidated bonds in April, 1876. The in¬
Texas.—The State Comptroller, in February,
terest due in July was only paid in part. Total
valuation of all property—in 1875, real estate, 1S76, reported total funded debt $1,249,757; floating
$88,177,218; personal, $46,791,006; rate of taxation debt, $543,137, aud bonds of doubtful validity
in 1874, 12, mills.
(V. 20, p. 84, 241, 291, 358, 547; remaining in hands of State Treasurer, $812,210.
The 10s due in lsSl are redeemable after July, 1877,
V. 21, p. 489, 614; V. 23, p. 40.)
Principal—when,
due.
narrisburg Treasury.
is taken care of by the roads.
real estate, $289,000,000, and
of
bonds the extent of 50
do
do
do
do
6,222,000
16,289,000
1,056,000
1,074,000
396,000
1,000
’76, on debt proper.
So. Carolina.—The Governor’s
in V. 21, p. 535.
The funding
Phila., Farm. & Mech. B’k.
F. & A.
F. & A.
F. & A.
1,000
1874
Various.
Various.
Various.
Vermont—
War loan bonds, coupon
Interest unpaid Sept. 30,
Payable
$90,400
....
payable and by
whom.
4,797,608
1866 & ’71
Funding State debt
1874
Funding warrants, act May 2,1874
1870
Frontier defense, gold, act August 5,1870....
1872
Revenue deficiency bonds, act Dec. 2,1871..
1874
Bonds, act Mar., 1874 (for paying float’gdcbt)
1874
Veteran Pension bonds, act Aug./70&Apl.,’74
do
Rate.
9,251,850
723,950
500,000
Texas—
,
Where
When
50 Ac.
50 &c.
1863
South Carolina—
outstanding.
$50 &c.
1862
do
do
Amount
par
value.
explanations see notes on first page of tables.
Pennsylvania, (Continued)—
Stock loan of F.eb. 2 (registered)
-
Size or
Date of
bonds.
DESCRIPTION.
payment.
and a law has been passed for their
The valuation of taxable property in
$250,853,759, against $241,841,860 in
50.
From the
1875 was
Tax rate,
have the
1874.
Comptroller’s report we
following statistics for 1875:
Total value of taxable
State tax
Poll tax
property assessed.$250,853,798
1,254,354
198,322
...
County taxes
Miles of RR. in the State ass’d for taxes...
Value of railroads
Number of acres of land assessed in the
State
%
1,4S7
$16,605,122
452.)
debt—all
Of the registered bonds
Vermont.—This State has a very small
created for war purposes.
66,637,920
44,666,937
Value of lots assessed in the State
(V. 20, p. 84; V. 22, p. 281; V. 23, p.
1,959,134
amounts
Virginia.—These
are 5
exclusive of
For 2-3 of the old bonds a new bond
for the other
a deferred
certificate given (as the proportion due by West
State taxes.
was
issued, and
Virginia).
The act of 1812 amended
that of 1871
by not allowing coupons to be received for taxes.
The sinking fund holds $2,446,983 of State bonds
All interest over-due and unpaid
and certificates.
to
1876, (on the basis of 4 per
September. 30,
cent) was $1,676,827, which included coupons from
Jan. 1,1875.
Assessed value of property is $329,424,152; tax rate, 5 mills. Gov. Kemper’s message,
December, 1876, gave the receipts and expenditures
follows: The revenues from
fiscal year amounted to $2,679,-
for last fiscal year, as
taxation for the last
of
they exceed¬
$161,549'.
339. They exceeded the average aunual receipts
the previous six years by $201,276, and
ed the receipts of the fiscal year 1874-5 by
The disbursements from this source during the last
fiscal year were as
follows:
For ordinary expenses of government...
For extraordinary expenses
For public free schools
For interest on debt
Balance not expended
Total
—(V. 19, p. 295 502, 526, 582;
375, 547; V. 21, p. 527, 604; V.
$975,232
138,4:2
443,000
l,lo5,305
17,318
$2,679,339
V. 20, p. 14, 306, 356,
23, p.599.)
viii
CITY SECURITIES.
8nbscrlbers will confer
a
great favor by giving Immediate
DESCRIPTION.
For explanations see notes
on
Date of
Bonds.
Value.
loan
Relief of drafted men
Purchase Congress Hall Block
1854
1864
1866
1870
City improvement
Washington Park
New Post Office site
Water stock
Additional supply
Bonds loaned to Albany & Susquehanna RR..
do
Albany & W. Stockbridge RR.
1874
1865
1841
Augusta, Oa.—
Bonds for various purposes
250 &c.
500 &e.
2,000,000
100,000
7
Various.
Baltimore—
Consolidated loan of 1890
Water loan
Consolidated bounty loan
100 &c.
100 &c.
100 &c.
100 &c.
100 &C.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 ifcc.
7,306,546
5,000,000
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000
1,000,000
1,000,000
500,000
891,646
137,414
800,000
2,000,000
1,000,000
473,900
1,015,300
200,000
500,000
1,375,000
117,000
6
6
6
6
6
6
6
6
6
6
6
5
5
6
6
6
6
6
6
6
6
6
1,000
156,000
100,000
375,000
1,000,000
6
6
6
6
1,000
814,000
1854
1863
1865
1860
1863
1853
1853
1868
1870
1874
1864
Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan
Five million loan to Baltimore & Ohio RR....
One million loan to Pittsb. & Connellsville RR
New City Hall
do
do
do
do
Consolidated loan
Court house loan
Funding loan
1870
1874
1872
1872
1873
1872
do
Western Maryland Railroad
Jones’ Falls
Valley Railroad
Patterson Park extension
Endorsements for York & Cumberland RR...
do
do
Western Maryland RR.
....
100 &c.
....
....
Union Railroad
....
Bangor, Me.—
City debt proper
Municipal loan
100 &c.
1874
1875
1869
1869
Water loan bonds, coup. (Act Feb. 22, 1875).
European & North American Railroad
Bangor & Piscataquis Railroad
Boston—
Renewal city debt, sterling
For city purposes, war debt, &c
do
do
do
Burnt district, sterling loan
Consolidated street improvem’t,
Various
A. & O.
Various.
1876
City bonds, tax free
do
348,000
529,000
242,000
118,000
500,000
400,000
1,000,000
103,000
M.
J.
F.
M.
M.
M.
M.
F.
F.
M.
J.
1853
sterling loan. I
1864 to’7<
1873
1869
1,000
500 &c.
£100 &e
1,000
1,000
£100&c
JBlOOifcc
1,000
Dorchester debt, assumed
Various.
Charlestown debt, assumed
500 &c.
Mystic water debt, assumed
1,000
Brighton debt, assumed
!1866 to’73 Various.
West Roxbury debt, assumed
Various.
Water loan, new main. Brookline Reservoir...
1858
1,000
do
Chestnut Hill reservoir
1865 to ’71
1,000
do
renewal of loan due ’70-71, all
1871
reg.
do
do
'72-73.
1872
£100 Ac
Water works, Roxbury, coupon and
•
....
do
do
do
do
registered
Roxbury & Dorchester
1871 to’75
Dorchester, all registered
1871
W. Roxbury & Brighton, all
reg 1875 to ’76
do
coup, and reg.
1876
Additional supply water
jlS72 to’75
Various purposes, for water works
1871 to ’74
vater loan bonds, gold, coupon or reg
! 1375-’76
Brooklyn—
Debt of Williamsburgli, local improvement..
1859 to ’61
1861
1857
Soldiers’ aid fund loan
1865
Third street improvement loan, local
1867
Oowanus canal improvement loan, local
1866'
Busliwiek avenue
do
do
do
1865
South Seventh street do
do
do
1866
Union street
do
do
do.
1867
Fourth avenue
do
do
do
1862
do
do
do
do
1867
Wallabout Bay
do
do
1867
Bedford avenue
do
do
local
1867
Kent avenue basin
do
do
1869
New York Bridge loan, registered and
1870
coupon
Bonds for N. Y. & Brooklyn
Bridge, cp. or reg.
1876
Prospect Park loan, registered and coupon
1860 to ’73
Brooklyn local improvement loan
Mount Prospect Square loan
...
1,000
1,000
....
....
1,000
1,000
1,000
583,205
4,296,800
16,809,175
4,997,603
3,559,600
438,600
121,500
1,196,000
1,318,000
322,640
470,000
7
1,000
1,000
1,000
138,000
213,000
1,000
1,000
552,000
90,000
1.000
302,000
1,000 1
1,000 1
1,000
260,000
233,000
278,000
326,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
3,000,000
1,750,000
1.000
8.016.000
190,000
230,000
544,000
278,000
427,000 j
1
•
•
1895-’97
Boston.
July 1, 1876
Augusta.
1876 to ’89
1900
do
July 1,1890
’
Balto., N. Mechanics Bank.
do
do
do
do
At pleasure.
Sept. 1,1893
Sept. 1,1893
Sept. 1, 1890
Jah. 1,1895
Jan. 1, 1890
Jan. 1,1886
do
do
1877 to ’92
Jan.
1,
July 1,
Jan. 1,
April 1,
„
J.
5 g6
5 g.
5 g.
Various
A. & 0.
J. & J.
& J. London, Baring Brothers.
Various Boston, Treasurer’s Office.
do
1876 to’87
1876 to ’96
do
London, Baring Brothers.
April, 1893
July, 1899
do
Various
Various
Various
5ig, 7
5
6
5 & 6
do
do
do
do
do
do
do
do
6, 6^, 7 Various
61*3 <fc 7 Various
5
6
6
5
6
6
6
6
5
6
6
5
J.
g.
g.
g.
6
7
6
7
6
7
7
7
7
6
7
7
7
7
7
6
7
A. & O.
& J.
A. & O.
A. & O.
J. & J.
Various
J. & J.
Various
A. & 0.
Various
Various
A. & O.
g.
.
J.
M.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
$8,527,872 00
802,120 00
742,932 00
Total by taxation.. $10,323,136 00
$9,270,801 00
do
do
do
do
do
do
do
do
April, 1901
Oct., 1902
1880 to’99
1901 to 1905
Jan., 1901
Jan. &
do
April, 1905
1902 to 1904
1901 to 1904
do
do
Oct., 1905-’6
J.
N.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
Brooklyn.
do
ft
3
J.l
do
J 3
1
to ’85
to ’82
to’93
to ’96
to ’83
to’92
1876 to ’99
•
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
1874
1875
1876
1875
1875
1875
Oct., 1878
London, Baring Brothers.
Boston, Treasurer’s Office.
do
do
do
do
do
do
do
1894
1905
1894
1899
July, 1878
5, 5io, 6 Various Boston, Treaseurer’s Office.
$9,721,016 00
State
Feb., 1876 to’81
Various Boston, Merchants’ N. B’k.
& J.
Boston or Bangor.
& J. Boston, Morch’ts’ Nat. B’k.
& J.
do
do
& 0.
do
do
1876.
Valuation of real property in 1876, including the re¬
cent annexations, was $526,145,700, against $553,769,-
do
do
do
do
J.
J.
J.
A.
.-.
City and County
May, 1879
June, 1880 to ’84
Boston, Merchants* Bank. Feb., 1885 to’94
New York.
March, '95 to 1900
do
Nov., 1910,11,*12
do
March, 1876 to ’94
do
do
(J.—J. Balto., Farm. & Plan. Bank.
J. & J. Balto., N. Mechanics Bank.
Q.-J. Balto., Farm. & Plan. Bank.
July 1,1884
do
Q.-J.
do
April 15, 1900
do
Q.-J.
do
March 7,1902
do
Q.-J.
do
1885
Q.-J. Balto., N. Mechanics’ Bank.
At will.
Q.-J. Balto,-, Farm. & Plan. Bank.
July 1, 1900
J. & J. Baltimore,Register’s Office.
Feb. 1, 1894
J. & J. Balto., N. Mechanics’Bank.
Jan. 1,1902
do
do
Q.-F.
April 9, 1900
A. & O. Baltimore,Register’s Office.
Oct. 31, 1886
M. & S.
do
do
March 8, 1892
J. & J. Balto., North. Central RR.
Jan
1,1877
J. & J. Balto., N. Mechanics Bank. Jan. 1 ’90 & 1900
J. & J. Baltimore, Franklin Bank.
Jan 1,1895
1876, $1 80 on the $100 for city
and .17# for State. Population in 1870
$9,437,*88
$8,279,487
was 267^354, against 212.418 in 1860.
(V. 22, p. 589; Per centage
283,136
247,385
V. 23, p. 514; V. 24, p. 12.)
Bangor, Me.—'The valuation of real and personal
$9,721,016
$8,527,872
property is $11,052,211; rate of taxation, 2.50 per
Placing the tax to benaid to the State at the same
cent.
The loans to European & North American
as last year, the estinfeted tax warrants exhibit the
Railroad and to Bangor & Piscataquis Railroad are
following result:
secured by first mortgages on those roads.
1875.
population of Boston in 1870 was
292,497, against 177,840'in I860; in 1875 it was, 341,919.
New York.
do
Q.—M.
Q.—J.
purposes,
Boston.—1The
Due.
Q.-J. Balto., Farm. & Plan. Bank.
Albany.—There £fre sinking funds for municipal 500 in 1875; and Dersonal, $222,732,400,
against $234,bonds and for water stock. The loan to Albany &
998,400; upon which the rate of taxation is $1270
•Susquehanna is secured by 1st mort. The equalized per $1,000—$11 68 of this tor city
and$l 02 for State
valuation of property in Albany County in 1815
purposes, against a total of $13 70 per $1,000 in 1875.
by State Board was: Real estate, $48,799,146; per¬ The total debt, both funded and unfunded, at the
sonal, $5,837,088; total, *54,636,234. In 1376, total close of the last fiscal year,
April 30, 1876, was
•equalized valuation, $58,460,770.
$43,933,165, and the sinking f unds, bonds, mortgages,
&c., $16,830,38$.
Augusta.—Of this debt, $600,000 was Issued for
The sinking fund provisions are
railroads, and balance for canal enlargement, sufficient to meet the debt as it matures. In March,
water works, &c.
1876, Mr. Turner, city auditor, gave his estimates for
the revenue required for the criming
financial year
Baltimore.— The fiscal year of Baltimore ends 1876-77,
commencing May 1, 1876. This estimate is
with Oct. 3L The
city credit has been loaned ex¬ based on an assumption of meeting the actual wants
tensively to railroads, in exchange for their securi¬ of the municipality and avoiding the borrowing of
ties, which it holds to a large nominal amount. The money for other than the water works, and extensive
sinking fund for Balt. & Ohio Railroad $5,000,000 and C03tly improvements; the tax per each $1,000
loan is $1,746,973; West Maryland Railioad
sinking will be reduced from $1 \ 70 last year to $13 45
fund, $149,185; and the total of the several other $1,0C0 this year. The following is a comparisonper
of
sinking funds, $6,457,861. The Balt. & Ohio RR. the appropriations granted by the City Council, and
pays interest on $5,000,000 loan; Water loan is raid income to be received, compared with the estimates
oy income of water works, and Public Park by City for 1875-6:
Passenger Railway, and out of a total debt of
1875-6.
1876-7.
$32,943,425 only $16,154,192 is dependent on the tax Appropriations...,
$12,302,305
$11,219,387
levy. The assessed value of property in 1876 is Income...
2,861,425
2,939,900
$231,503,129; tax rate,
•
N.
D.
A.
S.
N.
S.
N.
A.
A.
N.
& J.
41gg.
.
3,452,000
&
&
&
&
&
&
&
&
&
&
M. & N.
M. & S.
M. & S.
6 & 7
394,000
2,248,000
688,000
1,949,711
700,000
465,000
375,000
350,000
100,000
648,000
366.000
Prinoipal—When
Where Payable and by
Whom.
Payable
6
6
6
7
7
7
7
6
7
6
6
46,000
151,000
....
When
Rate.
$246,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
<1
1871
1874
1851 & ’51 2
INTEREST.
outstanding.
$1,000
1870,1,2,
City improvement
notice of any error discovered In these Tables.
Amount
or
par
llrst page of tables
Albany, N. Y.—
Albany & Northern Railroad
do
Size
[January 27, 1877.
f
X
a
(K
GO
•
<s a
rr.
?
*sw
ft
GO
1879 to ’81
1891
1887
1885 to’94
1881
1877 to ’90
1877 to’90
1877 to ’90
1877 to’86
1877 to ’95
1877 to ’95
1877 to ’90
1877
1879
1901 to ’24
1907 to 1903
1915 to’24
Daring the last forty years, with a single excep¬
tion, the taxable valuation has shown an annual
Mayor Cobb’s message, January, 1876,
gives a net decrease of debt in 1875, amounting to
$305,579. (V. 22, p. 61.)
increase.
Brooklyn.—There are also
Guard bonds due 1880-81.
$97,000 7 per oent. Nat.
The Mayor’s message,.
January 1, 1857, made the whole city debt as’
follows:.
Permanent loans
$27,148,000
Sinking funds'.
4,530,129
Balance
King’s Co. debt (City’s share)
Loans chargeable on specified property
Tax certificates
$22,617,870
.
8,991,729
11,063,500
1,900,000
Total
$39,578,100
Mayor stated that the debt increased
187P, $781,623. Population in 1870, 396,200,
—The
in
against 266.‘561 in 1860. Valuation of property in
King’s Co. in 1875, by the State Board of Equalization
$290,557,586 for real estate, and personal, $19,800,135;
in
1876, total real and personal, $230,939,534;
they estimated the true value of real estate In
1874 as $426,393,740.
The Supervisors assessed
the
total
taxable
property of
Brooklyn in
1875 at $225,176,755, or about 65 per cent of tree
value. The debt of Kings County, separate from
the debt of Brooklyn, is $4,201,821, of which the
city Is responsible for nineteen-twentieths. Average
tax rate in 1876, $3 24 per $100, against $3 44 in
1875.
(V. 30, p. 520; T. 22, p. 589; V. 21, p. 63.)
CITY SECURITIES.
1877.]
January 27,
Subscribers will confer a great flavor
is
by giving Immediate notice of any error
discovered In these Tables.
INTEREST.
Size
Date of
DESCRIPTION.
bonds.
For explanations see notes on first page
Brooklyn—( Continued)—
outstanding.
617681781
Charleston, 8. C.—
City stock
City bonds, coupon
1,000
1,000
1,000
1,000
Chicago—
past due debt...
3,660,000
500 &c.
1,000
1,000
500 &c.
Municipal and School bonds
South Park loan (secured on South. Div.)
1,000
West Chicago Park (secured on West. Div.)... 1870 to’72
1863 to’72 500 &c.
Cook County debt...
Cincinnati—
1868
1,000
To build Eggleston avenue sewer
B2
1,000
Loans to Railroads
F, A, G, H, I & M 1842 to ’54
1855
1,000
Bonds to O.& M. RR. to purchase whf. prop.N
1868
1,000
Bonds for erection of a Workhouse
1868
1,000
Bonds for Water Works
C2&C3
1868
1,000
Bonds for Common School purposes
P2
1860 to ’61
1,000
1855
1,000
Bonds to O. & M. RR. to purchase whf. prop. .N
500 &c.
Bonds for ext. and impr. Water W. .C, D. & E 1847 to ’50
Bonds for funding floating debt
A2 1847 to ’48 500 &o.
1867-’68
1,000
6
p.
ct.)
Viaduct, street and bridge ($300,000 6 p. ct.)
School ($274,000 are 6 p. ct.)
House of Correction.
[ain sewers, special assessment
set improvem’ts do
street openings, &c. do
"Canal lock
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1853
1853
1858
1869
1869
1869
1871
1871-’72
1871
1872-’74
1874
1876
1874
1875
1875
500 &c.
1,000
500 &g.
315,000
....
195,000
718,000
424,000
200,000
688,300
1,393,000
856,600
26,000
....
1869 to’74
1870 to’75
1872 to ’73
1865 to ’66
1875-’76
Funded debt bonds
School House bonds
Market House bonds
Consolidation bonds
300,000
100,000
99,000
195,000
397,500
146,500
750,000
60,000
175,000
100,000
150,000
150,000
100,000
136,000
450,000
600,000
700,000
10,000,000
1,575,000
1,722,000
....
1,000
1,000
1,000
1,000
1,000
Chicago— The total funded debt at the close
of the year 1875 was $13,457,000.
Certificates
of indebtedness, $4,641,096.
Assessed value of
real property, ’74, $258,549,310; personal, $45,155,830
Tax rate, 18 mills. The Illi¬
nois State valuation is $224,118,620, and the dry
debt is limited to 5 per cent of that.
Of the
funded debt, $4,581,000 is on account of the
Water Works, which last year yielded an income
of $730, t44. Question having arisen as to whether
certificates were not an increase of debt, and there¬
—total, $303,705,140.
fore illegal, an ordinance was passed authorizing
the Comptroller to make an endorsement thereon
that they “were issued upon the appropriations and
tax levies of the city.” Some certificates went to
protest. See V. S2, p. 544.
»
Tax
Assessed Value.
Real Estate. Per. Estate. Rate.
1862
....$31,587,545
$5,552,300 $15 00
1866
66,495,116
20 00
19,447.941
/
1666...
140,857,040
174,505,410
51,392,604
53,969,469
13 00
14 00
Real
Year.
estate.
1860.. $61,620,904
1870.. 78,736,482
1871.. 123,427,888
1872.. 119,621,856
1873.. 121,479,280
1874
1875.. 125,976,835
2
oo
h
1876-7
1876
1893
1881
1878
*
to
to
to
to
1895
1895
1893
1920
July 1,1890
Prior to 1936
July 1,1878-'81
1875 to ’98
1883 to ’84
1890
do
New York City.
J.
J.
J.
J.
& J.
& J.
& J.
& J.
•
•
•
1877 to ’82
July 1, ’82 to ’95
July 1,1880
New York and Boston.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
<fe
&
&
&
J.
J.
J.
J.
J.
J.
J.
J.
1880 to ’95
1890 to ’95
,
July, 1895
1881 to’99
1874 to ’79
1890
>
M. & N.
N.
Y., Metropolitan Bank.
May 1,1880-’92
Deo., 1878
7 3-10 J. &D. N. Y., Am. Exchamre Bank.
1878 to’84
do
clo
Various
6
do
do
Nov., 1885
M. & N.
6
do
do
June, 1888
7 3-10 J. & D.
1888 & 1889
do
do ->
7 3-10 Various
do
do
July, 1888
7 3-10 J. & J.
do
do
Jan., 1890
J. & J.
6
Nov., 1890
do
do
M. & N.
6
April 1,1895
A. & O. N. Y., Am. Exchanize Bank.
6
March, 1897
do
cfo
M. <fc N.
6
1897
do
do
7 3-10 Various
Jan., 1900
do
do
J. & J.
6
June & Oct., 1900
do
do
Various
6
March, 1908
Cincinnati.
M. & S.
6
Sept., 1899
7 3-10 M. & S. N. Y., Am. Exch. Nat. Bk.
do
do
Sept., 1899
7 3-10 M. & S.
do
do
Oct., 1899
7 3M.0 A. & O.
March 1,1886
do
do
7 3-10 M. & S.
do
do
Aug., l886-’97
F. & A.
7
Dec. 1,1891
do
do
J. & D.
7
do
do
July 1, 1902
J. & J.
7
do
do
July 1, 1902
7 3-10 J. & J.
New York or London.
May 1, 1906
6g. or 7*3 M. & N.
7
7
-
7
6 & 7
6 & 7
7
7
7
6 & 7
7
6 & 7
....
7
M. & N. N.
J. & J.
F. & A.
May 15,1904
Jan. 1, 1896
Y., Am. Exch. Nat. B’k.
do
do
do
do
Various N. Y., Am.
do
Various
do
Various
do
J. & J.
do
Various
do
Various
do
J. & J.
do
Various
do
Various
do
Various
do
do
do
do
do
do
do
do
do
do
do
....
Aug.,’85, ’90 &’95
Exch. Nat. B’k.
Various N. Y., Metropolitan N.
do
do
Various
Various N. Y., Metropolitan N.
do
do
F. & A.
1,907,000
7
7
7
7
7
Various N. Y., Farmers’
do
Various
do
Various
do
Various
do
A. & O.
2,123,000
from date.
from date.
from date.
1880
1875
u
7
7
7
7
763,000
90,000
66,000
3 years
3 years
3 years
....
the issues above
named, there remain several smaller amounts, as fol¬
lows: $108,000 5s. November, 1885; $56,000 (YY2, &
O.) 6s, 1886-88;'$17,000 6s (Q.), Nov., 1890; $27,000
6s (A.), Mar., *.897; $50,000 (H2.), Aug., 1897; $50,000
(Z.), Nov.. 1838. By the census of 1870 population
was 218,900, against 161,044 in 1860.
Tax rate for
1875, $23 82 per $1,000, against $23 38 in 1874. Sink¬
ing funds are $436,440, against $7,200,000 of old
debt. The following table from the books of the
Auditor of Hamilton County, Ohio, exhibits the
assessed valuation of the city of Cincinnati in the
year 1860 and from 1810 to 1874:
Cincinnati.—In
1881 to 1908
■••*>•■•••
....
Tax
/
Assessed Value.
,
Buffalo —The funded debt, January 1, 1876, was v-.r
iedr*
Real Estate. Per. Estate. Rate$6,743,199, and floating debt, $396,092. In 1875 real
and personal property were assessed at $39,968,105;
$211,371,240 $54,653,640 $15 00
in 1876 rule of valuation changed and assessment
‘ 223,643,600
15 00
52,342,950
was $111,995,905.
Buffalo also pays 7-10 (being
236,898,650
52,847,820
10 00
$712,390) of Erie county debt. City tax-rate, 1875,
239.154,890
45,042,540
15 00
$35 55 on dhe $1,000. In May, 1876, $125,030 7 per 1873
262,969,820
49,103,175
18 00
cent certificates of debt, in pieces of $5,000, &c., 1874
258,549,310
18 00
45,155,830
were issued, due 1881. (V. 22. p. 233,521; V. 23, p. 135.)
Population in 1870 was 336,605, and in October, 1874,
395,226, against 109,260 in 1860. The So. Park, W.
Charleston, 8. C.—The bonds of Charleston are
Chicago Park, and Lincoln Park loans are not
held within the State of South Carolina. debts of the city, but of distinct corporations.
mostly
The total assessed value of property in 1873 was
$2*7,978,991; rate of tax, 2 per cent. Sinking funds (V. 21, p. 207; V. 22, p. 457, 544; V. 23, p. 622.)
reduce the total debt to $4,672,663.
'
125,400
1,301,000
684,000
272,500
1,000
1872 to ’74
Elisabeth, N. J —
Improvement bonds
250,000
50,000
300,000
1876
1855 to ’59
City purposes
Bonds for Water Work Co., on city’s credit... 1855 to *76
1859 to’71
Public Building stock (City Hall) bonds...
bonds
150,000
1,075,000
210,000
1,000
1,000
Bonds for various
sewer
4,191,500
6,000,000
1,000,000
Detroit, Mien-■
Public
87,000
2,550,000
2,621,000
100,000
3,423,000
2,000,000
640,600
1,000
1854 to’75
1854 to ’74
1872 to’74
1874 to’75
1873 to ’75
1864 to ’71
1868
1860 to ’74
6
7
6
7
7
6
7
7
7
7
916,000
500, <fec.
1,000
1,000
improvement bonds
Funded debt ($225,000 are
Lake View Park
Q.-J.
Charleston.
Various
J. & J.
281,500
....
Municipal bonds
Olevelana—
Water works ($100,000 are 6 p. ct.)
6
6
7
7
297,700
1866
do
Bonds for improving Gilbert avenue
U
Bonds to build Eggleston avenue sewer... ,B3
Bonds for improvement
W
Bonds for Water Work purposes
C4&C5
General improvement
...W2
Cincinnati Southern RR
do
do
do
do
gold and currency..
Floating debt bonds, coupon
Park improvement
Water-works bonds
D1
Buffalo and New York.
Buffalo.
Buffalo and New York.
do
do
N. Y., Gallatin N. Bk.
Buffalo & New York.
do
do
4,119,093
51,500
Sewerage bonds
River
Various
Various
Various
Various
J. & J.
M. & S.
J. & J.
199,493
....
Water loan
do
1915 to ’24
43
7
7
7
7
6
6
7
100,000
1,000
....
]
do
do
do
do
do
do
do
do
7
750,000
2,779,382
100,000
.
1853 to ’54
Fire loan bonds, coupon
Conversion bonds, to redeem
Brooklyn.
2,209,250
1,000,000
....
1853 to’75
1873 to ’75
Buffalo & Jamestown Railroad
Buffalo New York & Philadelphia Railroad... 1871 to ’73
Water works bonds
1868 to’76
1876
Water bonds, coupon
1876
Park bonds (Act May 17,1875)
1876
Tax loan bonds
& J.
& N.
& J.
& J.
& J.
& J.
& J.
& J.
& J.
J.
M.
J.
J.
J.
J.
J.
J.
J.
due.
whom.
payable
1,400,000
....
Funded debt bonds, various purposes
Principal—when
payable and by
842,000
1,000
1,000
Permanent water loan.
1872 to ’75
1,000
do
do
1,000
Sewerage fund bonds, continuous, local.......
»1,000
do
do
S’th B’klyn
1,000
Assessment fund bonds, continuous, local
1870
1,000
Central and Knickerbocker av. sewer bonds..
1873
1,000
Boulevard bonds
1872 to ’73
Where
When
7
6
7
7
7
7
7
7
319,000
9,666,000
1,399,000
1,956,500
203,000
5,048,500
618,000
1872
1857 to ’72
Temporary tax certificates
Buffalo, N. Y.—
6
value.
1860 to ’72 $1,000
Prospect Park loan
Deficiency bonds
Rate.
$1,217,000
par
of tables.
-
Amount
or
L.
1878 to’95
1876 to’94
1887 to ’92
1894 to ’95
1893 to’95
1876 to ’88
1878, ’83 & ’84
1876 to’92
1876 to ’84
1876 to ’85
1896
1876 to’89
1876 to 1906
1879 to’91
1892 to’94
Bk.
Bk.
1877 to ’85
1880 to ’95
1881 to ’93
& T. Co.
do
do
do
do
1876 to’86
1885 to ’98
of the
—The city will be the sole owner of the stock
Cincinnati Southern Railroad. (V. 20, p. 14;
p. 511; V. 22, p. 209; V. 23, p. 379, 514;
V. 21,
V. 24, p.
11.)
Cleveland.—The total valuation
of property for
taxation is $73,305,277 and tax rate
of which 6)4 mills are levied for
sinking fund.
18 15-20 mill*,
interest and
The sinking fund, January,
$1,700,000, market value.
1876,
The
and street opening
bonds are for special local improvements, ana
redeemed by assessments on the property beneamounted
sewer,
to
street improvement
fitted.
addition to
Personal
estate.
Total
valuation.
Rate tax
per
$1,000.
$17 45
31 60
22 20
64,166,460
$93,032,716
136,107.236
180,361,932
175,084,29 1
185,645,740
181,950,074
23 38
66,531,730
184,498,565
28 82
$31,411,812
57,370,754
56,934,044
55,462,410
20 10
23 06
Detroit, Mich.—The population in 1870 was 79,601:
State census, 101,063. The value of
in 1874, by
waterworks is $1,589,688, against a debt of
The water works bonds are issued on
$1,100,000.
a
pledge
col¬
the city credit, and $75,000 per year
lected in taxes to pay interest on them.
As¬
sessed valuation, 1875, real estate, $20,225,875^
of
personal, $7,448,755-total,
estimated at $92,582,100.
$27,774,630; time value
Tax rate, $3 92 per
$100.
Elizabeth, V. J—Total debt of
beth October, 1876. was stated at
lows: General debt, $1,000,000;
the city of Eliza¬
$5,000,000, as fol¬
assessment debt,
$4,000,000. The sinking fund has to its credit
$450,000.
Valuation or real and personalproperty, $32,000,000 ; assessed valuation, $16,000,000.
Tax rate is $2 68 within the lamp and water
district, and $2 23 outaide. Population in 1876*
25,000.
CITY
Subscribers will confer
a
great favor
DESCRIPTION.
For
explanations
Galveston, Texas
see
notes
on
$....
1873
1860 to ’74
1876
Indianapolis—
Bonds io railroads
Doan bonds, series A.
Loan bonds, series B.
do
do
C.
Loan bonds
do
Forty-year bonds
Improvement bonds
500
sewerage bonds
For Jeffersonville Railroad stock
Subscription to stock of L. A N. RR
Water works
do
For Improvement of streets
1852 to’67
1869 to ’73
1873
Public buildings and institutions
Public school and school houses
Sewer bonds
do
Elizabeth & P. Railroad
Wharf property
do
Water bonds, coupon
registered
City debt, A,'B, C
City debt, D, E, F
Bonds to Mobile A Great Northern
Raiiroad..
Bonds to Mobile A Al. Grand Trunk RR
Wharf bonds
...
!..!!”!!!!!!!!!!
!.*!!"
1,000
1,000
1,000
1,000
1,350,000
76,000
201,000
600,000
650,000
234,000
81,000
425,000
1,993,000
352,000
136,000
90,000
614,000
500,000
107,000
350,000
1,508,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
787,500
2,362,000
341,000
70,000
300,000
1,000
500 Ac.
1,000
1,000
1,000
350,802
242,000
100,000
429,000
10,000
1,171,000
1866
1866
100 Ac.
100 Ac.
1859
1870
1870
1871
1871
1,000
1,000
1,000
1869
1869
Galveston, Texas.—The total city debt is $373,000,
cent,
currency
except
460,000
319,000
157,000
277,000
988,000
500
•
Waterworks loan of 1869
Seven per cent funding loan of 1869
30,700
122,300
152,000
500 Ac.
.
per
149,000
404,000
1857
.
10
150,000
—
•
Nashville A Chattanooga Railroad
1849
Various city bonds
1866 to’76
Newark—
Bonds, various city purposes (s. fund of 1809)
War bonds, floating
debt, Ac. (s. fund of 1864)
Public school bonds
■
Clinton Hill bonds, coup. &
reg. (s. fd. 3 pic.).
1875
Sewer and improvement bonds (local liens).
Aqueduct Board bonds
Tax arrearage bonds
1876
Nexo Orleans—
Consol, debt ($650,000 applicable
1852
yearly)
Railroad debt
1854-55
are
249.000
1867, ’8, ’9 500 Ac.
1870
1,000
1875
Nashville, Tenn.—
1,000
1,000
315,000
1,065,000
1,000
1,000
1,000
1,000
1,000
6
6
Is-
1,000
1,000
Various
Louisville.—>The funded debt, January 1, 1876,
loans, was $3,330,000, against
$3,504,0 0 January 1, 1875. Of the $8,339,000 there
is
payable out of the sinking fund $3,705,000; pay¬
able by special tax,
$4,625,000. Assets of the sink¬
ing fund, Jan. 1, 1875, were $3,180,625.
Population
by census of 1370 was 100,750, against 68,033 in
1860;
now
estimated upon the basis of 7 to a voter makes
14.0,000. Assessed value of
property, about $79,W)0,000 Real value, $100,000,0.0. Rate of taxation
* Clt^
PurP°se8 in 1875 is—Eastern district,
^I.1??’ Western
The
45c.
Dietrict. $2 33; State tax,
following figures give the assessed proper¬
ty valuation for the past six years.
For 1868, $59,-
exchange for these
was
do
do
New York and Louisville.
Louisville, City Treasurer.
Y., Bank of America.
do
do
'
Louisville and New York.
do
do
do
do
do
do
Y., Bank of America.
do
do
do
do
Memphis.
1883 to’89
July, 1898
June, 1901
1888 A 1903
1878 to 1898
Oct. 1, 1898
1889
1880, ’94 A 1901
Sept., 1891
Feb. 1,1880
July, 1901 A 1903
.
.1881 to’93
1873 to 1902
Myers A Co.
1873 to 1900
do
Nov., 1900
Charleston, S. C.
July, 1872
Y., A. Goettel.
do
do
do
do
J.
Mobile, Bank of Mobile.
J.
do
do
J.
do
do
J. N. Y., Merchants’ N. Bank.
N.
Mobile, City Treasury.
J.
do
do
J. N. Y., Merchants’ N. Bank.
N. Mobile, Mob. Savings Bank
New York.
do
A J.
Various
New Orleans.
do cdo
do
J. A J.
M. A S.
tax rate. 1 # per cent. Interest has been in default
since July, *1873. A settlement with bondholders was
offered by Act of March 9, 1875, viz.: $510 in 6 per
cent bond for $1,000 of the old 8
per cent. The 5
city revenue, and
offered at 75 per cent of
on
do
Louisville.^
N. Y., Bank of America.
J.
622.)
lien
do
April, 1882
April, 1883
1887, ’89, 91
March 1, 1883
1886,’ 96, ’97
July 1, 1903
1891, ’92 A 1903
June 1,1891
Jan. 1,1901
Juno
Jan.
1, 1896
1,1902
Jan. 1, 1902
1875 to ’91
1875 to ’86
1885
July, 1899
Nov., 1895
Till 1901
1901
Nov., 1906
<4
1875-77-79
1876 to ’94 V
Various
1876 to ’93
Newark, City Treasury.
Various
do
do
1878 to’91
A. A 0.
do
do
April, 1888, to’ 91
J. A J. Newark Meek. Nat. Bank.
July 1, 1895
M. A 8.
do
do
1879 to ’93
Various
do
do
1876 A 1892
F. A A.
do
do
1886
property in 1876 is $12,894,825 real estate and $5,377,716 personal property;
a
Y., Bank of America.
Various
Various
Mobile.—The valuation of
bonds have
do
6
6
Milwaukee.—'The city cannot issue debt beyond 5
per cent
Various.
Various.
June 1* 1886
do
do
.
6
per cent of its average assessed value for five years.
In 1876, valuation was $38,743,422 real, and $14,931,763 personal property; tax rate in 1875, 25.64 mills.
Sinkicg funds are* provided for all the bonds.
There is also about $47,000 scrip issued to settle
old railroad bonds.
Population by State census,
p.
do
do
do
& J.
425,974; for 1869, $63,284,091; for 1870, $70,806,712;
$76,845,995; for 1872, $77,156,642-; for 1873,
(V. 23,
Various.
Jan., ’98 to 1900
July, 1889
July 1, 1879 A ’89
N. Y., P. M.
do
for 1871,
1875, 101,000.
July 1,1896
J. A J.
J. A J.
M. A N.
Memphis, Tenn.—The city has been in default for
Interest since Jan. 1, 1873. The total floating debt
July 1, 1876, was $1,9T0,922, and there were
nominal assets (unpaid taxes, Ac.) to balance
a distinct organization from the
city, created by a this of $1,840,041. A plan has been suggested
separate act of the Legislature; levies its own tax, for
settling the deot, by scaling one-third and
which is collected by the
City Treasurer. The city having a “ drawing ” system for the balance. The
warrants are discounted when sold. The
floating City Council declared the funding and paving bonds
debt of this
character, Jan. 1, 1875, was $200,000, issued by Mayors Leftwich and Lofland 1867-8-9 to
payable during this year.
have been issued illegally, but allowed the coupons
Jersey City.—The total bonded debt of the city, to be received, pro rata, according to the amount
realized by the city for the bonds; but a decision
April 1, 1876, was stated at $14,300,000. The
sinking of Tenn. Supreme Court, December, 1875, was
fund was $650,565.
Assessed valuation, including
railroad property, in
1875, $88,496,885. on which the against the city on this point. Assessed valuation
of real estate, 1875, $19,329,603; per-onal, about
tax rate is $2 68
per $100 on $68,496,855, and 1 per
cent on railroad
$6,530,000. Tax rate, $2 per $100. Population :n
property assessed at $11,000,000.
1870, 40,230. (V. 21, p. 186, 570; V. 23, p. 379.)
Population by State census in 1875 was
116,883,
exclusive of railroad
do
do
do
do
do
J.
J.
J.
J.
M.
J.
J.
M.
7
Jan., 1877 to ’95
1892 to’94
June 8, 1900
Various.
do
5
8
8
8
8
8
8g.
July 1, 1895
1, 1899
Oct. 1, 1878
Jan.
July 1,1913
May, 1891
New York and Louisville.
A
A
A
A
A
A
A
A
July 1, 1894
1899 to 1913
do
do
do
do
do
N.
July 1, 1893
July 1, 1894
do
do
do
do
do
do
N.
Jan. 1,1889, to’90
do
do
do
Various
$77,225,372.
census of 1870. (V. 22, p.
do
do
do
do
N.
M. A S.
Various
J. A J.
Various
Various
J. A J.
J. A D.
Various
Various
A. A 0.
J. A D.
Various
M. A S.
F. A A.
J. A J.
do
J. & D. Milw. and N.
J. A J.
do
J. A D.
do
J. A J.
do
J. A J.
do
6
6
5
7
902,500
do
5
7
7
7
7
6 A 7
6 A 7
7
7
7
7
1,552,350
....
N. Y., Winslow, L. A Co.
do
do
do
do
do
do
do
do
J.
4,394,250
1,372,000
....
City Treasury.
A J.
A J.
A J.
A J.
A J.
A O.
7
378,000
1,890,000
500,000
400,000
2,500,000
3,030,000
400,000
1,000
Jan.
J.
J.
J.
J.
J.
A.
Indianapolis.—The assessment of taxable prop¬
erty in 1874 was $67,301,546; taxes for that year,
$510,026, or a levy of $1 35 per $100. Total debt
June 30, 1875, was $1,455,000. The School
Board is
5f?.)nSt 85,000 by U’
1906
Y., Mercantile N. Bank.
Various
500 Ac.
1872
do
•
A. & O. N.
A. A O.
l,OOOAc
1,000Ac
1,000Ac
1861
1871
1876
1872
Re-adjustment bonds
General city bonds
1880 to ’87
1892 to 1902
1874 to ’95
do
do
New York.
6
6
6
7
6
7
7
6
6
7
7
6
6
6
7
7
7
7
6
1,866,000
3,433,000
125,000
921,000
500,000
171,050
150,000
400,000
152,000
103,000
1867 to’68
Milwaukee—
Galveston.
Y., Merch. Ex. N. Bank.
Various
Memphis, Tenn.—
Funding loan, gold
j
Mississippi River Railroad bonds
Endorsement Memphis A Little Rock RR....
J. & J.
M. A S.
Various
J. A J.
J. & J. N.
Various
J. A J.
M. A N.
Various
J. A J.
Various
J. A J.
Various
J. A J.
J. A J.
J. A J.
Various
J. A J,
J. A D.
1,000
1,000
1868
1869
1870 to ’74
Louisville, New Albany A St. L. Air Line RR.
1871
Change of gauge, Lomsv., Cin. & Lex. RR
1871
Road bed
do
do
1871 to’73
City bonds payable by railroads
1851 to ’63
paving bonds
8
10
10
6
7
7
7
7
7
6 A 7
7
7
7
7
7
7
7
7
1,000
1,000
’54,’62,3, 8
Jail bonds
For old liabilities
do
do
10 g.
1,418,000
500 Ac.
1852
1854
1857 to’67
1873
1866 to’67
1873
1871 to ’73
1853 to’70
1868
1871
1868 & ’73
Re-constructing street
which all
Diift
;
3,109,800
622,000
1,000
500
1869
1869
Various.
Various.
1876
improvement and water bonds
bounty loan
Greenville street improvement bonds
Ten-year bonds, coupon or registered
Louisville, Ky.—
$106,500.
Wnom.
1,000
1,000
1873
.
1,000
1,000
1869
Funded debt bonds
Hudson City bonds
Bergen school loan bonds
of
Payable
Principal—When
Payable and by
1,000
1,000
Various.
Morgan street dock
City bonds, coupon
To Mobile A Northwestern
Railroad
New funding bonds
Where
6
7-3
7-3
7-3
7-3
73
8
1872 to’74
1870
Various.
1872
City funded debt
When
145,000
300,000
300,000
300,000
200,000
109,500
100,000
1,000
1871
do
do
Mobile-
Rate.
35,000
766,500
200,000
1874
1875
1874
bonds—By Board of School Comm’rs.
Jersey City—
Water loan bonds, mostly coupon
Post bonds
INTEREST.
$71,500
....
1869 to ’70
1873
1874
School
Scnool and
outstanding.
Value.
discovered In these Tables*
1
Bonds for various purposes
do
-do
do
any error
Amount
or
par
(1869 to ’74
City park bonds (purchase of block 321).
do
Size
first page of tables
-
do
[January 27, 187?
by giving Immediate notice of
Date of
Bonds.
Bonds for harbor improvement
do
SECURITIES.
July
1, 1892
3 874-5 A 1894
Jan.
1, 1899
March 1, 1894
their face. Up to October, 1876, there had been
settled, $1,330,000 of old bonds, $187,030 of interest
and $75,000 change bills, making $983,000 new
bonds issued in all, and leaving the amounts out¬
standing as above given. Population about 38,000.
(V. 20, p. 302.)
Nashville, Tenn— At the close of the fiscal year,
Sept. 30, 1875, there were $131,100 of past due bonds
and $136 410 unpaid coupons. The total debt was
$l,737,2'2. Assessed valuation of all property, about
$13,625,775; tax rate, 1875, 2 per cent.
Newark.—The bonds in the first line in the table
payable out of the sinking fund of 1869, which
to $335,368; those in second line out of
sinking fund of 1864, $8 2,757; public school bonds
out of public school fund, $89,034; Clinton Hillbon&s
by sinking fund, $22,221, against local improve¬
ment bonds the city holds' $2,568,083 of assessments
unpaid and a lien on the property. Temporary loan
bonds, Jan. 1, 1876, were $767,750. Valuation of
real and personal property, 1876, $96,238,000. Tax
rate for all purposes, 1876, $1 90 per $109, against
$1 S3 in 1875. Population in 1870, 105,059.
are
amounts
Nexo Orleans.—'The total funded debt, April,
1876,
$20,872,332; certificates, coupons unpaid, &c.,
$671,781; other floating debt,$1,145,325. The assessed
valuation of property is $98,463,269 real estate, and
$23,118,833 personal.' State tax, 14# mills; city tax,
25 mills; total tax, 39#.
A scheme for settling the
debt by a bond premium drawing plan is in practice,
and drawings take place Jan. 31, April 15, July 31,
and Oct. 15.
Drawn numbers of the premium bonds
outstanding October 21, 1876, were $64,003. Popu¬
lation in 1870, 191,418; in 1860, 138,670.
(V. 21.
p. 61, 86, 159, 278, 511, 613; V.
p. 47.1, 615; V. 23.
was
n.
12*. 135. 397.)
xi
CITY SECURITIES,
January 27, 1877.]
Subscriber* will confer a great
favor by giving:
discovered In these Tables.
Immediate notice of any error
INTEREST.
Date of
For
Size or
par
Value.
outstanding.
explanations see notes on first page of tables.
New Orleans—(Continued)—
Seven per cent funding loan
’57, ’67,’70
1870
1871
1872
3 872
3871
bonds
Consolidated gold bonds (general series)
do
do
(drainage series)....
Street improvement
cent bonds, deficit and old claim
premium bonds (in exchange)
Ten per
1862.43'0957
1,000
Various.
1841 to ’63 100 &c.
100 &c.
1870
1845 to ’60 100 Ac.
100 Ac.
1865
1870 to ’72 100 Ac.
1871 to ’72 100 <fec.
1865 to ’72 100 Ac.
1867 to ’70 100 Ac.
100 Ac.
1869
1853 to ’57 100 Ac.
1853 to ’57 100 Ac.
1857 to’65 100 Ac.
Croton Aqueduct bonds
bonds
Central Park fund stock
do
do
Central Park
Dock bonds
1,000
1,000
improvement fund stock
1870
Floating debt f und stock
Market stock
City Cemetery stock
City improvem’t st’k (part red’mable after ’96)
1860
1865 A ’68
1869
do
do
Lunatic Asylum stock
1869
Fire department stock
Fire telegraph bonds
Tax relief bonds
do
do
coupon
N.Y. Bridge b’ds ($781,400 red. after July,
Accumulated debt bonds.
Street improvement bonds
Street opening and improvement bonds
Ninth district court house bonds
1869
1870
’96)
Department of Parks improvement bonds....
Assessment bonds
1871
1871
City parks improvement fund stock
Normal school fund atook.
-
Public school building fund stock.
Additional Croton water stock
Sewer repair stock
Consolidated stock
.
July ’96,
stock
do
20-50 (redeemable
Museum of Art and Natural History
Improvement of Third avenue—23d ward
Third district court house bonds
County court house stock
do
do
do
do
No. 3
No. 4&5
Assessment fund stock.
do
do
do
do
do
do
Repairs to buildings stock
Consolidated stock, gold, coupon
Accumulated debt bonds
N.Y. and Westchester Co. improvement bonds
Consolidated stock
For State sinking fund deficiency
Debtoi Westchester towns
1874
1862 to’68
1871
1872
trust fund
water works.)
York City.—The total debt of
January 1, 1877, was $148,107,557; the
New
New York,
amount of
sinking funds $*28,179,102. The following statement
shows the derails of funded debt, and the amount
in the city tinking fund at the dates named:
Jan. 1, ’75. Jan.-l, ’76. Jan. 1,’77.
$
Funded debt
118,241,557 119,056,903 119,631,313
Sinking funds... 26,615,778
27,748,307 28,179,102
$
$
91,625,779
91,308,596
91,452,211
Temporary debt.. 20,854,700
Revenue bonds... 2,707,500
21,322,200
22,371,400
4,142,925
6,104,844
The population of New York by the U. S. census
in 1870 was 922.531, against 805,658 in 1860.
Since
Jan. 1, 1861, the valuation, rate of taxation, and
net funded debt at end of year, have been as fol¬
Rate tax p.
lows:
Net
Real
Personal
$1,000.—,
Funded
Year, estate.
estate. State. City.
debt.
$
174,624,306 3 6*2 16
172,416,031 3 87 13
191,967,161 4 27 16
22-3,920,505 5*31 17
181,423.471 4 96 24
19
257,994,974 3 94 f~
276,389,451 4 67
285 199,972 6 13
281,'l42,696 2 72
305,285,374 2 70
306,947,233 4 43
306,949,422 5 20
292,597,643 5 41
272,431,181 6 95
217,300,154 '—29
1,111,054,000
22
70
19
19
162.500
580,000
104,750
631,000
336,000
631,950
Ac.
Ac.
Ac
Ac.
Ac
Ac.
Ac
Ac.
Ac.
Ac.
Ac.
Ac.
Ac
Ac
Ac.
Ac.
Ac.
Ac.
$
2,414,000
500,000
2,900,000
250,000
3,468.000
3,830,000
965,637
490,000
450,000
3,341,071
399.300
3,849,800
5,415,000
2,748,000
296,000
75,000
1,971,931
7.269.400
700,000
521,953
597,586
2,767,000
3,000,000
2.281.400
6,500,000
3,661,739
1,000,000
300,000
3.832.500
13,765,300
5,585,000
200,000
636,000
730,000
265,000
8,779.700
1,704,000
785,000
41,000
330,000
2,400,000
600,000
173,091
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
4,000,000
946.700
745,800
376,600
1,000,000
855,204
1.719.400
492.700
252,000
900,450
100,000
14,702,000
6,000,000
30,000
1,680,200
3,899,493
Rate.
Pay’ble
7
8
73
73
7 g.
7 g.
10
5
Q.-J.
New York or London,
do
do
New Orleans.
Q.-J.
A. A O.
Q.-F.
6
M. A N.
5 A 6
Q.-F.
Q.-F.
Q.-F.
[119,811,310
Dec., 1880
Aug. 1, 1911
July 1, 1922
July 1, 1922
April 1, 1881
1879 A 1880
Nov. 1, 1902
w
a
1883 to ’90
1884
©
.o
6 A 7
M. A N.
6
6
7
Q.-F.
Q.-F.
©
6
—F.
PI
5
6
—F.
Aug. 1,1900
Nov. 1,1900
o
u>
1907 to 1915
1907 to 1911
1880
1887
1898
M. A N.
©
.
Q.-F.
1876, ’87 A ’95
1,1901 to ’5
O
£C
©>t3
7 A 6 g M. A N.
6
Q.-F.
M. A N.
6 A 7
M. A N.
M. A N.
5 A
M. A N.
7
M. A N.
6 A 7
M. A N.
6
M. A N.
6
M. A N.
7
M. A N.
7
M. A N.
5 A 6
M. A N.
7
M. A N.
6
7
* M, A-N7
M. A N.
5, 6 A 7 M. A N.
M. A N.
7
5,6 A 7 M. A N.
M. A N.
6
M. A N.
6
M. A N.
5 A 6
M. A N.
6
J. AD.
6
M. A N.
5 A 6
M. A N.
6
M. A N.
7
M. A N
5 A 6
M. A N
M. A N.
M. A N.
5 A 6
M. A N.
6
M. A N.
6
M. A N.
7
M. A N.
7
M. A N.
6
M. A N.
6
M. A N.
6
M. A N.
7
M. A N.
M. A N.
*6*
M. A N.
6
M. A N.
M. A N.
M. A N.
6
J. & D.
7
M. A N.
7
Nov.
Sg
1878
1894 A 1897
1888
1889 A 1926
1889 A 1892
1889
1889
1884
1879
Sa
S
ic'd
8|
sf
<c
1890
1905 A 1926
1884 to’88
>
•2 ©
fe
o
m uj
^
<£l
Nov. 1,1877 to’801
Nov. 1,1877 to ’8*
Dec. 23, 1901
Nov. 1,1891
Nov. 1, 1891
Nov. 1,1891
O
t; ©
©la
«
»
8.?
Nov. 1, 1882.'
1894 to’96
e-s
»i
r—i
May 1,1926
1903
Nov. 1,1877
Nov. 1, 1890
1877 to ’92
1884 to’88
1894 to ’98
1883 to ’90*
1880 to ’81
1895 to’97
1891
1877 to ’791882
1887’
1903-
XS
o
’88
1879 to ’82
1890
.ts
ote
fl
t- aS
?
1871
100
100
100
100
100
100
1,063,214
29.500
175.500
192.500
189.300
500,000
6,630,021
1855
1855 to’71
1859 to ’70
1868 to’70
1862 to *65
1860 to’70
6
6
8
8
8
8
J.
J.
M.
A.
J.
M.
IS
ft
C3
0©
!=
1877-78
«
1910
1884 to’88
1896 to 1901
1884 to’88
1891
1896
1877 to’86
ft
co
5 A 6
J.
J.
15,509,750
6
6
6
6
6
6
5.599.400
6
1,725,000
6,500,000
4.853.500
8,701,600
11,650,000
J.
J.
J.
A J. Norfolk, Treasurer’s Office,
do
do
A J.
do
do
A S.
A O. Norfolk, Cit. A Peop. Banks
A J. Norfolk, Treasurer’s Office.
.
%
debt
$33,252,049, and Comptroller Green claimed that
old demands existing when he took office,
together with the bonds issued to pay deficiency in
State sinking fund, and for up-town improvements,
aggregate more than this whole increase. An ex¬
tract from Mr. Green’s statement, made in Decem¬
ber, 1876, in regard to the city finances, is in V. 23,
p. 585.
The outstanding assessment bonds (pay¬
able out of local assessments on property benefitted)
the
represented by advances to contractors, ad¬
vances on Boulevard work, and uncollected local
assessments.
Extract from Mayor’s Message of
January, 1876, is given in V.*22, p. 63. (V. 20. p. 14,
29; V. 21, p. 86; V. 22, p. 563; V. 23, p. 135, 160; V.
are
Philadelphia.—The total funded debt, January
„
1,
$5,599,400;
$11,376,000.
1876 were
do
do
do
do
do
do
do
do
A J.
A J.
annexed to New
1877, was $55,569,871; guaranteed debt,
floating debt, $11,721,101. Sinking funds,
Total disbursements of the city for
do
do
do
do
A
A J.
York.
From the termination of the Tweed regime in
1871 to January, 1875, the gross increase in
was
Park N. Bank.
Pliila., Far. A Mech. N.
A
A
A
The tax rate for 1877 has been placed at S26 50, to
raise $28,484,269.
By an act of 1874 the towns
of West Farms, Morrisania and Kingsbridge, em¬
bracing about 12,000 acres, were
New York,
A N.
__
' '--28 00—"
187,’
June 1, 189S
1887 to 1897
New Orleans,
do
do
do
5 A 6
6
6
Due.
Payable and by
Whom.
J. A D.
Various
J. A D
F. A A.
36 f 20,087,301 24, p. 40.)
45 i 21,695,506
08 ! 26,185.190
Norfolk. —The bonds due April, 1892, are two
29 i 33.769,601 series—series )st, issued to A. M. & O. RR. and
94 cs 35,973,597 Raleigh & Gaston RR.; series 2d, to private parties.
06 5 33,654,683 Both series are secured by deed of trust on city
—
03
32,914,421 property.
Coupons of 1st series are payable at
17 g 35,983,647 Citizens’ Bank; coupons of 2d series at Peoples’
98 M 47,791,840 National Bank. Tax rate, $1 60; water tax, 40 cts.,
80 .2 73,373,552
(special); total rate, 2 per cent.
17 90 * 88,369,386
33 81 8 95,582,153
19 59 ^ 106,363,471
21 05 I 115.187,969
40—' I 116,773,721
Where
When
1,250,000
1873
paving
water (a mort. on
Bonds issued prior to consolidation
do
for railroad stock subsidy subscvipt’ne
do
for water works
Bonds for bridges
do ’ for park and Centennial
Bonds for war and bounty purposes
do
municipal, school, sewer, Ac
Guaranteed debt, gas loans
$
Ac.
Ac.
Ac.
Ac.
Ac
Ac
Ac.
1874
Philadelphia—
Net debt
Ac.
100 Ac.
100 Ac.
100
100
1864
100
1865
100
1865
100
1864
1864 to ’72 100
1868 to ’72 100
100
1873
100
1874
100
1875
100
1870
1871 to ’72 500
1869 to ’70 100
1870
1874
1874
1870
1872
do
Description.
100
100
100
100
100
100
100
100
100
100
500
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
annexed
Norfolk, Va.—
Registered stock
Coupon bonds
do
do
do
1871
1871
1872
1874
1876
1873
1874
1864
Soldiers’ bounty fund bonds
^Soldiers’ subs, and relief red. bonds
Soldiers bounty fund bonds, No. 3
Soldiers'bounty fund red. bonds, No. 2
Riot damages red. bonds
do
in demuity bonds
•
$953,600
9,481,740
New
New York—
Water stock
do
Croton water stock
New Croton Aqueduct stock
Additional new Croton Aqueduct
Croton water main stock.
Croton Reservoir bdhds
Croton water pipe
$....
1870
of 1870
Jefferson City (debt assumed)
Wharf impr. bonds (assumed by lessees)
Principal—When
Amount
Bonds.
DESCRIPTION.
-
B’k
1878 to ’85
Jan.. 1894
Sept., 1890
April, 1892
July, 1893
May, 1901
1877 to ’85
1877 to 1903
1877 to 1905
do
do
$14,165,240, classified as follows: Judgments, Ac.,
$741,277; interest on city loan, $3,740,733; interest
on
endorsed warrants, $299,497; sinking funds,
$805,345; warrants of previous years, $6,063,340;
amount paid on loan warrants, $1,539,110:
erec¬
tion of public buildings,
$74,079; school fund,
$8,593 State tax on settlement, $38,646;
the
departments, $809,943.
The
statement to form a basis for taxation
cash for
Comptroller’s
in 1877,
was issued
Nov. 1, 1876, making total estimated
liabilities, $29,364,029.
Of this amount $9,159,269
estimated to come from other sources than
taxes, leaving $20,204,759 to be raised by taxes,
at a rate of $35 per $1,000 on full city property.
His estimates, however, were materially reduced
was
by the Councils, and the tax rate was put at
$2 25 for full city property.
The following table
exhibits the assessed valuation and tax rate in the
city since 1870:
Real
Estate.
1870...
1371...
Personal
Estate.
Rate Tax
per $1,000
$470,851,800
Year.
$8,188,873
$18 00
491,844,096
187£...
...
1873...
1874...
1875...
1876...
1877...
....
....
502,415.863
518,234,568
539,003,602
565,849,095
585,408,705
593,313,532
8,592,786
8,608,819
8,930,700
9,239,933
9,434,873
10,004,673
9,755,000
20
21
22
21
21
22
80
50
00
50
50
50
maturing in the
for 1877 are :
rate. $2 25;
suburban property, $38,252,980; tax rate, $1 50: farm
property, $19,779,031; tax rate, $1 12#. Population,.
1870, 674,022, against 565,529 in 1860.
There is no large amount of city debt
next five years.
Assessed valuations
Full city property, $545,036,521; tax
xfi
CITY
Subscribers will confer
a
SECURITIES,
[January 27, 1877,
great favor by giving Immediate notice of any error discovered
In these 'fables.
DESCRIPTION.
Date of
For explanations see notes on lirst
page
Size
Bonds.
of tables.
Value.
INTEREST.
Amount
or
par
outstanding.
When
Rate.
Principal—When
Where Payable, and by
Whom.
Pay’ble
Due.
Pittsburgh—
Water extension loan (coupon or
registered).. 18G8 to '74
Funded debt and other municipal bonds
1845 to '72
Compromise railroad bonds (coup, and reg.)..
1803
Bonds impr. Penn.av., <fcc. (local assessment). 1871 to’73
$....
$4,413,400
1,537,286
2,179,469
....
4,806,700
....
Portland, Me.—
Loan to Atlantic & St. Lawrence Railroad Co.
’08,’69,’70 1,000
do
Portland & Rochester Railroad
1807 to ’09 500 &c.
do
do
do
1872
do
Building Loan Commissioners
1807 to’68
1,000
do
Portland & Ogdcnsburg
1872
787,000
700,000
450,000
....
....
Municipal—proper
>
1852 75
In aid Atlantic & St. Lawrence Railroad Co
5
*=>00 fro
Providence, R. I.—
Bonds for public improvements
Recruiting and bounty bonds
Water loau bonds, gold, coupon and
reg
do
do
do
do
do
& sewer loau
do
City Hall
b’ds, sterling, cp. or reg
Prov. & Springfield RR. bonds,
guaranteed...
Rochester', N. Y.—
To Genesee Valley Railroad
To Roch. & State L. and R. N. & P. Railroads
For various city improvements
Water works loau, coupon and
registered
1855
1803
1872
1874
1870
1875
1872
lOOO&c.
lOOO&c.
lOOO&c.
lOOO&c.
lOOO&c.
£100
....
.
....
....
•
....
Funding loan
1875
San lYancisco—
Bonds of 1858, coupon (gold)
1858
San Francisco & St. Jose RR.,
1802
coupon (gold)..
Judgment bonds, coupon (gold)
1863 to ’64
r
Central Pacific Railroad, coupon (gold).
1864
Western'■'Pacific Railroad,
do
do
1805
School bonds,
do
do
1860 to ’67
Judgment bonds,
do
do
1807
School bonds
1870 to’72
do
1874
Park improvement bonds
1872 to ’75
Hospital bonds
1871 to’73
House of Correction bonds
1874
City Hall construction
1875 to’70
Savannah, Ga.—
Construction of water works
Improvement of Savannah River
Savannah, Albany & Gulf Railroad
Funding coupons and other purposes
Redemption of bonds
do
Bonds for
1853
1853
1853
1860
1869
1870
1870
1872
do
city improvements
Harbor, &c., improvements
For floating indebtedness
1873
St. Joseph, Mo.—
Bonds to St. Joseph & Denver City RR., 1869. 1860 to ’69
do
Missouri Valley Railroad
1809
Bonds for various purposes
1858 to ’69
1871
Bridge bonds
St Louis—
Renewal and floating debt bonds
1846 to ’71
Real estate, buildings and general
purpose^.. 1840 to ’68
Street improvement bonds
1851 to’66
Water work bonds (old)
1856 to ’58
Tower Grove Park bonds (gold)
1868
Sewer bonds
1855 to ’69
Harbor and wharf bonds
1852 to ’68
New water work bonds (gold)
1867 to ’70
do
do
do
1872
Renewal and sewer bonds (gold)
1871 to ’73
Renewal purposes, gold or sterling
1873
Renewal, &c., bonds, gold, $ and £
1875
Renewal, <fcc., bonds, gold or sterling,
Bridge approach bonds (gold)
Anticipation bonds
coupon.
Renewal bonus, coupon
Bonds to railroads, coupon
Insane Asylum
1867 to’71
1853 to ’55
1867
County Jail
General purposes,
1874
1872
1876
St. Louis Gountu—
1868
1872
gold
Renewal, gold
Park bonds, coupon, gold
County bonds
St. Paul, Minn.—
1873 to ’75
1875
1875
Revenue bonds
Preferred bonds
8 per cent bonds
Lake Superior & Mississippi Railroad
St. Paul & Chicago Railroad
Public Park (Como.)
....
....
1868
....
lOOO&c.
Various
lOOO&c.
....
Various City purposes, coupon
do
do
do
do
coupon
do
do
1859-’74
1869 & ’73
Floating debt,
1867
Water works
1873 & ’74
Short bonds, chargeable on special assessm’ts 1873-’75
Pittsburgh.—The total debt Feb. 1, 1875, was $13,533.819, including water loan and bonds, chargeable
on
local assessments.
Cash valuation in 1875
:
Real
property, $149,459,070; personal, only $2,677,64$,
according to Comptroller’s report. Sinking funds,
$553,203, Population about 140,000,
Portland, Me—The sinking fund March 31. 1876>
was $537,194.
The city is protected by mortgages
on
At. & St. Lawr. and
on
Portland & Roches¬
Railroads, and holds 7,143 shares of Portland &
Ogdensburgh stock. Assessed value of real estate
in 1876, was $18,708,509; personal, $11,951,855. Tax
Tate, $25 per $1,000. Population in 1870, 31,413,
against 26,341 in 1860.
Providence, R.I.—The principal debt of Providence
ter
haa been created since 1872 for water works.
The
floating debt at close of fiscal year September 30,
1876, was $1,834,996, and funded debt, $7,797,250.
The assessed valuations of all property in 1876 were:
real estate, $84,981,000; personal, $36,084,200. Rate
of tax, $14 50 per $1,000. The sinking fund for
750,000
198,000
64,500
937,500
368,800
117,000
349,500
534,000
500,000
400,000
500 &c.
500
500
100 &c.
431,500
150,000
299,400
500,000
500
1,000
1,000
Various
1,000
1,000
1,000
1,000
1,000
1,000
500
1,950,000
1,249,000
166,000
336,000
346,000
885,000
1,219,000
3,950,000
1,250,000
681,000
1,074,000
707,000
2,072,000
461,000
1,000
1,500,000
1,000
1,000
1,,000
1,000
1,000
1,000
1,000
1,000
450,000
1,490,000
Various
Various
Various
500 &c.
1,000
....
^
m
....
....
....
100,000
500,000
600,000
450,000
2,300,000
500,000
499,927
67,210
263,125
200,000
100,000
100,000
519,500
453,000
45,349
589,500
45,000
98,000
^
1,000,000
....
728,000
^
*
M. &
J. &
J. &
J. &
J. &
J. &
July, 1887
July 1, 1897
June, 1877
1876 to ’91
April, 1877
Providence.
J.
do
J. Boston, Prov. and London.
J. N. Y., N. City Bank, & Prov.
J.
do
do
J. London, Morton, Rose & Co
Providence.
Sept., 1885
Jan., 1893
Jan., 1900
Jan., 1900
July 1, 1906
July 1, 1895
1892
& J. N. Y., Metropolitan N. Bk.
New York and Rochester.
Various
do
do
J. & J.
N. Y., Union Trust Co.
do
do
1876 to 1902
Jan. 1,1903
1905
g.
J.
Various
A. & O.
Jan.
F. & A.
....
gg.
g.
g.
g.
g'
g.
g.
g.
g.
-
g.
g.
g.
g.
g.
g.
g.
g.
& J.
J.
M.
A.
A.
&
San Francisco.
do
do
do
J.
& N.
&
&
J. &
J &
J. &
M. &
J. &
F.
M.
J.
J.
M.
J.
M.
J.
J.
1878 to 1903
1893
1, 1888
1877 to ’78
Oct. 1, 1883
July 1, 1894
Mayl, 1895
April 1,1881
Oct. 1, 1887
June 1,1882to '90
do
do
O.
O.
D.
J.
J.
N.
J.
do
do
do
do
do
do
do
....
July 1, 1894
1897 & 1904
Nov. 1, 1891
July 1,1894
1899
& A. New York and Savannah.
& N.
do
do
& D.
do
do
& J.
do
do
& N.
do
do
& J.
do
do
& N.
do
do
& J.
do
do
& J.
do
do
Various N. Y., Nat. B’k Commerce.
do
do
Various St. Joseph and New York.
J. & J. N. Y., Nat. B’k Commerce.
M. & N.
Feb.. 1878
Nov.,
Dec.,
Feb.,
Nov.,
June,
1883
1888
1886
1879
1890
Nov.. 1900
Jan. 1
1902
July 1, 1903
1880 to '89
Nov., 1889
1878 to'89
1891
Various N. Y., Nat. Bank Republic
1878 to’91
Various
do
do
1878 to 1906
Various
do
do
1879 to ’86
Various
do
do
1880 to’83
F. & A.
do
do
Aug., 1898
Various
do
do
1877 to '89
Various
do
do
1877 to ’88
J. & D. New York and St. Louis.
June, 1887, to ’90
A. & 0. N. Y., Nat. B’k Commerce.
April 1, 1892
Various
do
do
1891 to ’94
M. & N.
New York or London.
Nov. 1,1893
M. & N.
do
do
May 1, 1895
J.
J.
& J.
& D. N.
J.
J.
J.
M.
J.
J.
& J. N. Y., Nat. Bk. Commerce.
& J.
do
do
& J.
do
do
& S.
do
do
do
do
Y., Nat. B’k Commerce.
July 1, 1894
10, 1892
Dec.
Dec.,’76,&Jan.,’77
g-
g.
g.
g.
g-
12 & 7
7
8
6
6
7
&
&
A. &
M. &
D.
J.
O.
N.
M. & N.
M. & N.
do
do
do
do
,
do
do
do
do
do
J.
J.
8
7*3
6
8
7
7*3
8
7 & 8
& D.
& D. N.
Various
Various
do
do
do
do
do
F. & A.
Various
Various
100,800.
Rochester.—The bonds of Genesee Val. RR. loan,
are provided for by net receipts from a
$172,000,
lease of said road to Erie RR. Co. after
paying the
interest out of said receipts. Valuation of
property
about $62,000,000. Rate of tax, $1 3-3.
San Francisco.—Population by the U. S. census
of 1870 was 149,482, against 56,802 in 1860.
Real
estate for the fiscal year ending June 30,
1877, i<
assessed at $190,221,003; personal property at
$70,-
About $54,000,000 of mortgages are now
Sinking funds raised
annually amount to $263,500. Tax rate in 1S76-7 is
$2 12% per $100, against $1 60% in 1875-6.
Savannah, Ga.—Default was made on interest due
Nov. 1, 1876, in consequence of yellow fever and
omitted from assessment.
non-collection of taxes. In 1873 and 1874 $400,000
bonds were issued and sold in Savannah,
realizing
Co.
Y., Farmers’ L. & Tr. Co.
New York.
do
do
July 1,1887
Sept. 1, 1888
Juno, 1892
1893 to 1895
do
A. & O.
M. & N.
F. & A.
1877 to 1881
1878 to 1880
April 1,1905
May 1, 1895
St. Paul and New York.
Various N. Y., P. M. Myers &
bonds due in 1885, $443,643; sinking funds of 1893
$162,947; 1895, $37,940; 1900-6, 92,564. Population
by U. S. census, 1870, 68,901; by State census, 1875,
041,340.
S.
J.
7
6
7
7
6
6
6
6
B’k.
Boston and Portland.
do
do
A. & O.
g.
ggg-
6 & 7
7
10<fc 6
10
6
6
6
6
6
6
6
6
6
o
6
6
6
6
7
Nov., 1886,'87,’88
g
7
7
7
7
7
7
7
7
7
197,000
246,000
385,000
200,000
475,000
210,000
150,000
1913
1883 to ’85
1907
m’nthly
....
6
7
7
7
7
7
7
7
6
6
6
7
6
435,500
377,000
250,000
500
Various
Various
Various
Various
5 & 6
5
6
5
5 & 6
5
5
5
Bost., Blackstene Nat.
1893 to ’98
1877 to 1912
....
—
105,000
1,000
1,000
J. & D.
7
7
6
7
542,000
Boston, Foote & French.
Boston, Columbian Bank.
....
6
1,065,000
1,000
M. & N.
J. & J.
....
172,000
3,182,000
410,000
Philadelphia.
Various Pittsburg, Pliila. & N. Y.
& J. New York, B’k of America.
Various
Philadelphia.
J.
....
750,000
500
500
500 &c.
100 Ac.
’70,’71,’74
1870
1859-’65
300,000
2,000,000
2,000,000
1,500,000
1,400,000
500,000
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
Toledo, O.—
General fimd and deficiency bonds, coupon...
Toledo & Woodville Railroad, coupon
600,000
A. & 0.
6
6
570,000
1,350,000
2,230,300
\
375,500
C
1,000
....
7
6 & 7
4 & 5
7
1876 to'90
1876 to ’86
1889, ’90, '96
1888 <fc '98
1900
1876 to '88
May, 1900
1877 to ’84
1876 to ’89
1878 to’79
Aug. 1, 1877
1893 <fc ’94
1876 to’81
$324,730, and leaving only about $136,277 of floating
debt Dec. SI, 1874. The city owns real estate aaa
other property valued nominally at about
$4,287,600.
Assessed value of real estate, $14,000,000.
Popula¬
tion in 1870, 28,235, against 22,292 in 1860.
St. Joseph, Mo.—Population in 1870 was
19,565,
against 8,932 in 1860. Assessed valuation of property,
$11,000,000; rate of tax, *23 mills. (V. 23, p. 135, 175.)
St. Louis.— Population by the U. S. census in 1870
310,864, against 160,773 in 1860. The oity and
county governments and finances are separate.
Total funded debt, April 11,1876, $16,318,000.
Tax¬
able valuation of property, 1876,
$162,444,490; tax
rate, $3 42 per $100. (V. 22, p. 513.)
St. Paul, Minn.—Population in 1970 was
20,030;
in 1875, by State census, 33,237. Assessed valuation
of taxable property, $13,194,285, or about one-fifth
of the actual value; tax rate, 14 mills. (V. 15, p. 626.)
Toledo—Funded debt, Jan., 1876, $2,828,754; in¬
crease during 1875, $186,807. Debt
payable by special
assessments. $728,000. Taxable valuation of
prop¬
erty, $19,798,580; tax rate, $4 44 per $100.
was
KAILROAD STOCKS AND BONDS.
January 27, 1877.]
Subscribers will confer
a
great flavor by giving Immediate notice of any error
DESCRIPTION.
Date
of
of
Road. Bonds
Miles
For explanation of column headings, Ao., see notes
on first page of tables.
81
296
296
Alabama Central— (Selma & Merid.)—1st mort—
Alabama <& Chatt— 1st mort., gold, guar, by Ala
2d mort., $9,000 per mile, not guaranteed
Receiver’s bonds or certificates
20l
Albany & Susquehanna—Stock
1st
142
142
142
142
142
262
132
110
110
mortgage
Albany City loan (sinking fund, 1 per ct. yearly).
2d mortgage
3d mortgage,
sinking fund
Consol, mort. (guar. I). AH.) coup., may be reg...
Alleghany Valley—Stock
Genesal mortgage
Bonds to State Pa. (endorsed) 2d mort
1st mort., East’ll Exton., guar, by Pa.
RR
Funding income bonds, with traffic guarantee.
....
Alexandria <t Frcdricksburg—1st mortgage
Arkansas Central—1st & 2d mortgages, gold
Ashtabula, Youngstown <6 Pitts.—1st mortgage
2d mortgage, income
Atchison & Nebraska—1st mortgage
-
150
470
Land grant mortgage,
gold, (on 3,000,000 acres).
Consol, bonds, gold
Notes
Land income bonds
:
Pottawattomie bonds (contingent)
Wichita A Southwest, (leased) 1st M., gold, guar..
Kans. City Top. A West., (leased,) 1st M., gold.. ;.
Pueblo & Ark. Valley, (leased,) 1st M., gold
Atlanta <£ Richmond Air Line—1st mortgage
Atlanta & West Point—Stock
Atlantic <£ Great Western—Stock (total $40,000,000)
Preferred stock.
Old 1st mortgage bonds, Ohio Division
1st general mortgage ($18,000,000)
2d
do
do
($12,000,000)
3d
do
do
($29,000,000)
Leased lines rental gold bonds (Cl. & M.)
do
do
(P. P., P. V. and S. A A.)
Western Extension certificates (Cl., Col., Cin. & I.)
do
bonds
do
do
Atlantic & Gulf— Common stock
Guaranteed stock.
Consolidated 1st mortgage
Savaimah Albany A Gulf RR. mort. bonds...
....
•
do
do
do
do
South Side—1st
do
do
2d
3d
1st
2d
87
585
-585
460
460
460
do
Interest
286
“
do
do
funding bonds....
150
150
150
150
150
150
53
51
51
Stock, sterling
Portland
city bonds, 1st mort., sinking fund
mortgage, sterling, 5-20 years
3d
do
do
58
58
428
428
428
81
81
81
133
133
133
214
214
....
Atlantic <£• Pacific— See St. Louis & San Francisco.
Atlantic & St. Lawrence—Stock, currency
2d
1871
1869
1869
1872
$....
$1,600,000
1L863
1,000
1,000
1,000
5,220,000
100
3,500^000
1,000
1,000
1,000
1,000,000
933,000
2,000,000
253,000
1,595,000
2,166,500
4,000,000
3,400,000
9,980,000
5,403,900
500 Ac.
1876
1,000
50
1866
1,000
1870
1871
1,000
1874
100 Ac.
1866
1871
1871
1874
1871
1869
1870
....
....
•
•
•
1,500,000
1,000
400,000
3,750,000
7,041,000
3,370,000
3,292,000
262,750
475,000
488,500
412,000
650,000
1,779,000
4,248,000
1,232,200
24,795,298
9,876,250
2,416,300
15,165,200
11,989,680
28,783,000
5,355,000
3,568,000
2,060,000
1,748,500
3,693,200
785,976
2,000,000
300,000
464,000
200,000
6 921,900
5,470,000
4,000 000
306,000
157,000
....
500 Ac.
500 Ac.
....
•
1870
1,000
•
100
100
100
•
1871
500 Ac.
1871
1871
1872
1873
1873
500 Ac.
500 Ac.
1,000
1,000
500
100
100
do
Sterling bonds, not mortgages
Augusta & Savannah—Stock
Bald Eagle Valley—1st mort., s. f.($5,000per year).
2d mortgage ($5,000 per year)
1867
500 Ac.
1869
1869
1871
1871
1857
1857
1868
1866
1866
1866
1854
500 Ac.
500 Ac.
1,000
1865
1,000
Var’us Various
100 Ac.
1869
100
£100
1868
1,000
1864
1871
£100
£100
£100
100
1853
787,000
1,500,000
713,000
484,000
1,022,900
100 Ac.
'336,900
1,000
100,000
13,144,100
4,348,469
1,650,000
579,500
1,710,000
3,398,956
3,253,026
3,872,000
1850
Debentures, sterling
28,600
4,970,680
100
100
100
1861
1864
1853
1870
1855
1874-5
do
1870,sterling, £800,000
Baltimore loan, 1855-’90
675,000
621,000
452,500
990,000
963,000
87,811
226,300
200 Ac.
200 Ac.
52
30
Washington branch
Loan, 1850
Loan, 1853
458,000
1,000
1,000
588
Baltimore & Ohio—Stock
Preferred stock
1,000,000
1,000
1,000
•
1,200,000
1,200,000
1872
.
2,673^000
500 Ac.
346
Virginia A Tennessee—Enlarged mortgage
do
do
4tli mortgage
do
do
Registered certificates
do
•
26512
do
do
do
do
•
Amount
Outstanding
1865
1865
1869
£200
Rate per
When
Payable
8
8 g.
8
7
J.
J.
J.
Third Nat. Bank.
June, 1901
Jan., 1889
JanM 1889
312
J. A J. N. Y., B’k of Commerce.
J. A J. N.Y.,Del. AHud.Can.Co
do
M. A N.
do
A. A O.
do
do
do
do
M. A N.
A. A O.
do
do
Jan. 1,1877
8
7
6
7
7
7
730
5
7 or 6 g.
7
7
8 A 7 g.
7
7
8
7
7
7
7
g.
V
g.
g.
S
12
7
7 g.
7 if.
7 g.
8
4
7
7
7
7
7
7
8
7
g.
g.
g.
g.
g.
T**
7
7
7
7
Alleghany Valley.—This road was embarrassed in
1874, and compromised with creditors.
The un¬
settled debt Jan. 1, 1876, was $67H,14'>. Of income
bonds, $2,271,900 are held by individuals, and pay
interest in cash; $3,132,000 held by railroads draw
interest in bonds. Abstract of operations m 1875 in
.annual report, V. 22, p. 392.
8
g.
g.
g.
g.
312
6
7
5
3
5
6
6
6
6 g.
6 g-
Alexandna & Fredricksbura.—The Pennsylvania
Railroad holds $512,000 of the bonds and controls
the road. Loss on operation in 1873, $25,074.
Arkansas Central.-Most of the bonds were sold in
London, where $600,000 of 2d mortgage bonds were
.algo hypothecated. Receiver appointed, March, 1876.
(V. 22, p. 374; V. 23, p. 302.)
Ashtabula, Youngstown & Pitts.—It is leased and
operated by Pennsylvania Co. at cost. Net earnings
paid to lessor, but lessee guarantees interest on
1st mortgage for
five years.
Common stock,
|1^500JX)0; preferred, $400,000. Net earnings, 1875,
Atchison <& Nebraska.—Interest
wa9
September, 1873, and coupons funded.
in
default
Gross
eam-
Line.—Defaulted in 1873,
Sale in foreclosure made
litigation.
December, 1876.
Report of earnings. Ac., V.
22, p. 135. (V. 21, p. 14, 85, 323, 418, 488, 612; V.
22, p. 589; V. 23, p. 378, 575.)
Atianta & Richmond Air
in
Atlanta
West Point.—Gross earnings, 1875-6,
$283,498; net earnings, $99,539. There are $83,000
bonds
outstanding.
Atlantic & Great
(V. 23, p. 302 )
Western.—This road was leased
from May 1, 1874, but the
Shortly after (in
effect.
to the Erie for 99 years
lease did not go into
July, 1874) default was made on its bonds. The
last annual
report, to June 30, 1876, will be
found in V. 23, p. 328. Proceedings looking to
re-organizatioa are in progress, and a
amount of securities has been deposited by hold¬
ers with the London Committee.
The report of the
considerable
trustees to carry out the reconstruction scheme
announces that the deposit of bonds by holders,
has been made to the extent of about 3,000 bond¬
2d and 3d
is required,
£7,112, by 220 bondholders, has yet
holders. representing $28,963,000 1st,
mortgages. But a good deal of money
and only some
been obtained.
V.
1888
1895
1885
1881
April 1, 1906
A.
J.
J.
M.
J.
J.
J.
J.
J.
A
A
A
A
A
A
A
A
A
A.
J.
M.
M.
J.
J.
J.
do
O.
do
J.
do
J.
do
N.
do
J.
do
J.
do
J.
J. N.Y.,M.K.Jesup, P.A Co
J. Atlanta, Ga., atTreas’y.
1903
A
A
A
A
A
A
’77/78/79 A’82
July 1, 1902
1905
July 1, 1900
Aug. 1, 1876
1, 1876
Jan., 1902
Sept., 1902
Nov., 1902
Jan,, 1902
Jan., 1903
Oct.
O. New York and London.
do
do
J.
do
do
S.
do
do
N.
do
do
J.
J.
London, Co.’s Office.
do
do
A J.
M. A N.
J. A J.
July 1, 1876
Savannah.
July, 1897
N.Y.,M.K.Jesup P.A Co.
do
do
do
A. A O. N.
do
do
do
1889
1889
Oct.
Y., First Nat. Bank.
1, 1901
J. A J. N. Y., First Nat. Bank. Jan. 1, 1877
Jan. 1, 1877
do
do
J. A J.
J. A J.
do
do
July 1, 1893
Jan. 1, ’84-’90
do
do
J. A J.
Jan. 1, ’84-’90
do
do
J. A J.
Jan. 1, ’86-'90
do
do
J. A J.
do
July 1, 1884
J. A J.
do
Mch. 1, 1900
do
do
J. A J.
Jan. 1, 1875
J. A J.
Lynchburg Office.
J. A J. N. Y., First Nat. Bank. July 1, 1880
7
8
8
6
6
6
8
8
445; V. 23, p. 15, 353.)
now
July,
Nov.,
Oct.,
May,
A J. N. Y., Winslow, L. A Co. March 1,1896
Jan’ary Harrisburg, Treasury. $100,000 y’rly.
A. A O. Philadelphia or London
Oct., 1901
1894
A. A 0.
Pittsburgh.
June 1,1896
J. A D.
Pliila., Penn. RR.
J. A J. London A Amsterdam.
July, 1891
1901
A. A O. N. Y., Winslow, L. A Co.
1904
J. A J. Pittsburgh, Penn. Co.
M. A S.
Sept. 1, 1896
Boston, at Office.
J. A J. N. Y., G. Opdyke A Co.
July, 1899
Oct. 1, 1900
Boston.
A. A O.
M. A N.
M. A N.
8'
.
J.
..
“g.
3
3
6
6
6
6
A J. N. Y.,
A J.
A J.
.
January, 1872.
and
Stocks—Last
Dividend.
Whom.
Negotiations pending for a new adjustment.
Albany & Susquehanna.—This road was leased for
150 years from 1870 to Delaware & Hudson Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change in terms made in 1876. Consol,
mortgage is for $10,000,000, of which $3,450,000 is
to retire old bonds, and balance for a part of old
fitock and to lessee for improvements, which up to
April, 1876, were $1,978,672. (V. 22, p. 399, 495; V.
-23, p. 101, 427.)
Bonds—Princi¬
pal, When Due.
When Payable, and by
Cent.
inge, 1875, $270,955; net, $272; unpaid coupons to
Jan., 1876, $750,000. Annual report V. 22, p. 390.
Alabama & Chattanooga.— Road sold May 3, 1875,
Atchison, Topeka & Santa Fe.— Net earnings, 1875,
for $1,200,000, subject to lien of receiver’s certifi¬ I821J07.
Interest is paid on $976,000 of the 2d
consol, mortgage bonds, but on the balance of that
cates. Sold again October 4, 1876, but purchaser
failed to comply. Sold again Jan. 22, 1877. (V. 22, issue coupons were funded to Oct., 1876, and were
then paid, half in cash and half in ten-year scrip.
p. 61, 87, 135, 157, 521; V. 23, p. c9, 62, 85, 134, 255,
Coupons, of Jan., ’77, on notes of ’83, paid half in
352, 450; V. 24, p. 16.)
cash and half in scrip due 1882. (V. 22, p. 232, 327,
Alabama Central.—In default since
discovered In these Tables.
INTEREST OR DIVIDBNDS.
Par
Value.
65
148
preferred consolidated mortgage
do
do
•
2712
2d
mortgage....
Atlantic*, Miss, & Ohio—Stock, (com’n, pref. & guar.).
1st mort. consolidated, gold (for $15,000,000)
2d mort. to the State (no interest till 1880)
Norfolk & Petersburg—1st mortgage
Size, or
....
Southern Georgia A Florida, 1st mortgage....
do
51
48
62^
6212
Atchison, Topeka & Santa Fc—1st mort., gold
do
xin
22, p. 181, 3;7, 352; V. 23, p. 40,
110, 134, 159, 328, 450, 599, 646.)
Atlantic <& Gulf.—The Company also has $500,COO
10 per cent coupon notes outstanding; $45,000 Junc¬
tion Branch RR. bonds, and $52,500 Bainbridge
Extension bonds. Interest on consol, bonds due
Jan. 1, 1877, was not paid.
(V. 21, p. 275, 488; V.
22, p. 469; V. 24, p. 39.)
Aug., 1876
Portland.
F. A A.
M. A 8. London, Gr. Trunk Rw. Sept. 15,1876
May 2, 1886
Portland.
M. A N.
1, 1884
A. A O. London, Gr. Trunk Rw. Oct.
Oct. 1, 1891
do
do
M. A N.
Nov. 1, 1878
do
do
M. A N.
Savannah.
Dec., 1876
J. A D.
J. A J. Pliila.,Farm. AM. Bank July 1, 1881
do
do
July 1, 1884
J. A J.
Nov. 1, 1876
Baltimore Office.
M. A N.
Jan. 1, 1877
J. A J. Balt., Merchants’ Bank.
April 17,1875
Baltimore Office.
A. A O.
1880
J. A J. Balt., Merchants’Bank.
1885
A. A O.
Baltimore Office.
1895
London.
M. A S.
1890
Baltimore Office.
J. A J.
J. A J. London, Naylor A Co. 1878 A 1880
'
Atlantic, Mississippi & Ohio. — Of the stock
$5,845,700 is common, $800,000 preferred, and $276,the company
guaranteed;
itself holds
$3,441,200 of the common, all the preferred,
and $165,700 of the guaranteed stock.
Gross earn¬
ings year ending September 30, 1875, $1,782,453;
200
There
expenses, $1,108,947; net earnings. $673,505.
decrease of gross revenue by $42,890,
was
a
and a decrease of net revenue of $54,114. The
company funded one coupon
on old bonds,
January, 1874, but paid subsequent
coupons
in part. Funding notes due 1875 and 1879 were
issued. In October, 1875, in London, the company
made a proposal to fund whole coupon then dne,
on consol, bonds, and four-sevenths of coupons due
up to 1881, paying three per cent cash on coupons
till 1881, and balance, if earned. A bill to foreclose
the consolidated mortgage was filed by the trustees
thereof, at Richmond, Va., March, 1876, and in
June receivers were appointed. Extract from Presi¬
dent Mahono’s circular to bondholders, showing the
financial condition, is given in the Cubonicls, V.
22, p. 280. (V. 21, p. 5(59, 591; V. 22, p. 110, 231,
280, 327; V. 22, p. 567. 589; V. 23, p. 62, 85, 232, 255,
278, 352, 402, 427, 499.)
Lawrence.—Leased for 999 years,
July, 1853, to Grand Trunk Railway of
Canada. Annual rent, 6 per cent on bonds and
Atlantic <fc St.
from
stock.
Augusta & Savannah.—Leased to Central
gia for $73,000 per annum; has surplus
about $50,000.
of Geor¬
fund of
Eagle Valley.—Leased to Pennsylvania Rail¬
cent of gross receipts. The Pennsyl¬
vania Railroad holds all the 2d mortgage bonds.
Bald
road at 40 per
Ohio.—The annual report for 1875-6
published in the Chronicle, V. 23, p. 524. The
gross earnings of the “Main Stem,’’ Ac., and finan¬
cial condition of B. A O. Co. for four years were
Baltimore
was
an
fnllmvfl
•
xlv
RAILROAD stocks and bonds.
Subscribers will
confer
a
great
favor by giving Immediate notice of
any error discovered In these Tables*
DESCRIPTION.
Miles Date
For explanation of column headings,
of
of
Acc., see notes
on first page
of tables.
Road. Bonds
Size
„
411
421
do
sinking fund
Purchase of Connells v. RR (payable
$40,OOOy’ly)
Northwestern Virginia, 3d mortgage, 1855-85
....
....
...
Baltimore <£• Potomac—lstmort
(tunnel) gold
1st mortgage, gold, (main line)
2d mortgage, income, main line and tunnel.
Bellevilledi South. III.—1st M.,
sink’g fund, guar
Belvtdere Del.—1st M. b’ds of 1862
(guar, by C. & A.)
2d mortgage, bonds ot 1854
do
(
do
)
3d
ao
do
1857
(
do
do
)
Consol, mortgage of 1807
.
..
50
07
....
....
270
Dollar loan
....
1875,
coupon or registered
Clinton <£ Fitchburg <£• New Bedford—Stock.
Boston,
1st mortgage, Agricultural Branch
Mortgage bonds 1809-70
....
....
29
43
*..
Equipment notes
ioo
....
52
63
.
Buff.,Brad.<6Puts.—Gen. M.Jincl. 10,000 ac. I’d
26
142
140
140
York d: Erie—Stock
1st mortgage bonds
2d mortcrAi'A
Consol, mortvne'o
2d
Philadelphia—lstmort.,
1858
1873
500 &c.
100
100
100 Ace.
100 Ace.
500
....
1872
1876
...»
ioo
....
1873-4 500 Ac.
1875
1,000
100
1873
....
1,600
....
100
....
1857
1,000
140
gold.
mortgage (for $1,000,000)
Burlington, C. Rapids d Minn.—1st M., gold s. f
lat mortgage, gold (Mil. div.) coupon or
regist’d.
Pacific extension bonds
Muscatine western extension
Income and equipment mortgage
Burl.tC Mo.Riv— 1st M. on r’d& 400.000 ac’s I’d
Bonds, couv. into C. B. Ac Q, st’k (3d series). cz »r
a tc
Income b’ds, conv. C. B. Ac Q. st’k (4tli sor.)
1st mortgage, couv. do. on branch (5th
ser.)
Convertible bonds, C. B. Ac Q. st’k (Oth ser.) d, o
Burl. <& Mo. in Neb.—1st M., couv., land
gr.. ) Coup
Bonds, convertible till Jan., 1882
> may
Omaha Ac S. W., 1st mortgage, guar
) berg.
Burl. <£• Southwest.—1st mort., cp., may be
reg
Cairo d St. Louis—1st mortgage
Cairo & Vincennes—1st mortgage,
gold
California Pacific—1st mortgage, gold
2d mortg age, endorsed by Central Pacific...
Camden <£* Atlantic—Stock ($838,150 of it
pref.)
1st mortgage
2d mortgage
Camden & Burlington Co.—1st mortgage
Canada Southern—1st M., gold, s. f., cp. Ac
reg.
Tol., Can. S. Ac Del., 1st mortgage
Carolina Central— 1st mortgage, gold, coupon.
Income bonds, coupon
Oayuga— 1st mortgage, gold
1871
1873
1869
1872
2414 1872
31
1872
1874
28i 1803
1868
1809
40
1809
1870
191
1869
1873
49
1872
105
1870
150
1871
156
1871
141
1809
141
1871
00
00
1853
00
1855
31
1807
291
1870
500 Acc.
1,000
1,000
1,000
1,000
1,000
50
500
500
500
500
500
500
Acc.
Ace.
&c.
Acc.
Acc,
Acc.
Ace.
100
500 &c.
Gross
Net
Stock and
Earnings.
$9,632,361
Earnings.
Debt.
$4,215,554
$47,311,498
1874-5
10,514,178
4,332,206
47,173,134
1873-4
11,693,955
5,018,060
45,876,927
1872-3
12,252,844
4,934,796
28,567,899
The gross earnings of the main and all leased lines
in
1875-76 were $15,031,235, and net earnings,
$5 ,421,379, including earnings of Pittsburgh Divi¬
sion for nine months.
The nominal surplus of
$36,022,365 is given as the value of assets above
stock and debt, which surplus
is represented
chiefly by securities of branch lines, received
for advances made by the B. & O. In
Dec., 1875,
the operating contract with Pittsburgh & Connellsville road was ratified, by which B. & O.
guarantees
$10,000,000 bonds. (V. 21, p. 371, 487, 511, 591; V.
22, p. 374. 446; V. 23, p. 302, 378, 524.)
Baltimore & Potomac.—This is the line of
the
Pennsylvania Railroad from Baltimore to Washing¬
ton.
The bonds are guaranteed by Penn. RR. and
Northern Central. Last annual report V. 22, p. 588.
Belleville & Southern Illinois.—Leased and
operated
by St. L. Alt. & T. H. Co. on a percentage of gross
earnings. Gross earnings, ’75, $279,337. (V.20, p.3S0.)
Belvtdere Delaware.—Stock is $995,700. Leased to
United Co.’s of N. J., and lease assigned to Penn. RR.
Net earnings go to lessor. In 1875 net earnings of B.
D. were $226,404, against $4!6,367 in 1874.
floating
624^000
Gross
1875-6
1874-5
1873-4
Net
Earnings.
$7,074,758
Earnings.
$2,391,164
Total Stock
and Debt.
$27,129,282
7,634,139
2,262,147
26,478,282
8,963,128
2,414,916
25,422,100
1872-3
9,798,033
2,236,873
24.183,100
(V. 20,p. 14, 162, 592; V. 21, p. 464; V. 23, p. 47 7.)
Boston, Clinton. Fitchburg & New Bedford.—
This was a consolidation in May, 1876, of the
....
Pay’ble
Bonds—Priuci
DIVIDENDS.
Where Payable and by
Whom.
pal, When Due.
Stocks—Last
Dividend.
3,250,000
200,000
999,500
700,000
0,921,274
3,400,500
500,000
4,000,000
500,000
580,000
950,000
1,922,000
262,000
2,582,000
805,500
5,400,000
-2,200,000
1,800,000
800,000
2,000,000
4,638,250
298,500
*
300,000
1
500,000
350,000
9,000,000
1,000
1,000
1,000
1873
1874
1871
1,500,000
3,000,000
3,000,000
800,000
1,159,500
50
1,000
1,000
1872
1864
1860
100
500 Acc.
500 Acc.
3
2,200,000
230,500
209,850
1,300,000
589,110
198,000
3*2
1,334,000
7
7
4*2
7
7
Boston, Clinton & Fitchburg and the New Bedford
Railroads. (V. 21, p. 64, 501; V. 22, p. 471, 521, 544;
V. 23, p. 621.)
Boston, Concord & Montreal.—Gross earnings for
ending with March, 1876, were $693,35^;
net earnings, $182,012.
There are also $76,000 old
bonds due in 1865. (V. 22, p. 565.)
Boston & Lowell.— Operated with the Nashua &
Lowell, which receives 31 per cent. (V. 20, p. 85;
the year
V. 22, p. 42; V. 23, p. 500.)
Boston & Maine.—Net income, 1875-6, $846,653,
against $790,753 in 1874-5. Pools earnings from com¬
peting points with Eastern. (V. 20, p. 14,614; V.
21, p. 533; Y. 22, p. 280; V. 23, p. 5l>0.)
Boston & N. Y. Air Line.—Formerly N. Haven
Middletown & Wil. " Road cost about $6,000,000,
represented now by $3,000,000 preferred stock and
$1,000,000 common. (V. 22, p. 567.)
Boston cfe Providence.— The bonds and also $934,000
notes have been issued for purchase of branch
roads. Total income, 1875-6,
$1,467,759; net, over
operating
23. p.
default
was made in interest.
Sale in foreclosure
made June 22, 1876. (V. 21, p. 85, 277.
591; V.
22, p. 350, 374, 495, 567; Y. 23, p. 15, 353, 378.)
was
Burlington <fe Missouri River.—An agreement of
consolidation and a perpetual lease to
Chicago, Bur.
& Quincy, was made in Oct., 1572. In
August, 1875.
stock of Chic. Burl. & Q. was issued in
place of
stock of this C.>. and for convertible bonds. Annual
report Y. 20. pi 335.
S.
N.
J.
J.
J.
O.
J.
O.
D.
S.
A.
J
Q.-J.
M. & N.
F.
J.
M.
J.
J.
A.
J.
M.
&
&
Ac
Ac
Ac
&
Ac
Ac
A.
J.
N.
J.
J.
O.
J.
N.
London.
Mch. 1,
do
Baltimore.
Balt., Mech’s
Baltimore
1902
1910
1876-1900
1885
Nat. Bank
or
London.
do
July 1, 1911
April 1, 1911
do
Baltimore.
Jan.
N. Y., Russell Sage.
Oct.
1, 1915
1.
189G
Trenton, N. J., Office.
1^7
Philadelphia.
1885
1887
do
x
l
V-iUKli V'J
XIV XX
j
tU
Til!
•
‘
1
1916
Boston, Kidder, P. Ac Co Jan. 10, 1877
Boston Office.
Nov. 15, 1876
Feb. 1, 1892
do
do
July 1, 1895
Boston Office.
Boston, Boston N. Bank
July 1, 1884
do
do
1889 Ac ’90
do
’81,’82, ’83, ’85
Boston, Suffolk N. Bank July, 1881 Ac 94
Boston Office.
Nov. 15, 1876
do
*
•
1,000,000*
•
M. Ac
M. Ac
J. &
J. Ac
J. A
A. &
J. &
A. Ac
J. Ac
M. Ac
F. &
J. Ac
J. Ac J.
Boston Office.
1889
A. Ac O.
do
do
1893
3
J. & J.
Jan. 1, 1875Boston, at Offiee.
0
A. & O.
do
do
Oct. 1, 1879A. & O.
7
do
do
April 1, 1892
6
J. & J.
do
do
July 1, 1896
3
M. & N.
Nov. 15, 1876
Boston, at Office.
7
J. & J.
do
do
Jan. 1, 1893
7
F. Ac A.
New York.
Aug. 1, 1895
4
M. Ac N.
Nov. 15, 1876
Bostop, at Office.
7
J. & J.
do
do
July 1, 1893
7
J. Ac J.
New York, Erie RR.
Jan. 1, 1896
F. Ac A.
3*2
N. Y., Erie Railway.
June 11, 1875
7
J. Ac D.
do
do
Dec. 1, 1877
7
M. Ac N.
Go
do
7 g. J. Ac D.
do
do
6 g. J. & J. N. Y., Farm. L. Ac T. Co. Julv
1, 1896
10
J. Ac J.
do
do
July 1, 1893
7 g. M. Ac N. New Yrork or London.
May 1, 1919
7 g. F. Ac A.
do
do
Feb., 1902
7 g. J. Ac J.
do
do
Jan. 1, 1909
7 g. M. Ac S.
do
do
Sept. 1, 190S
7 g. J. Ac D.
do
do
June 1, 1904
7
A. Ac O. Boston and New YTork. Oct.
1, 1893
8
J. Ac J. Boston, by Treasurer.
July 1, 1878
8
A. Ac O. Boston and New York.
April 1, 1879
8
J. Ac J.
do
do
July 1, 1894
8
J. Ac J.
do
do
July 1, 1889
J. Ac J.
8
Boston Office.
July 1, 1894
8
J. Ac J.
do
Jan. 1, 1883
J. Ac D.
8
do
June 1. 1896
8
M. Ac N.
Boston, Co’s Office.
May 1, 1895
7
A. Ac 0.
Oct. 2, 1901
7 g. A. Ac O. New York and London.
Oct., 1909
7 g. J. Ac J. N. Y., Nat’l Park Bank. Jan. 1, 1889
6 g. J. Ac J.
do
do
1891
2
Q.-J.
Camden, Co.’s Office. Oct. 16, 1876
7 g- J. Ac J. Pliila., Farm. Ac M. B’k.
Jan., 1893
A. Ac 0.
7
do
do
Oct., 1879
G
F. Ac A. Pliila. and Mt. Holly.
1897
7 g. J. Ac J. N. Y., Union Trust Co.
Jan. 1, 1906
*7 i?
J. Ac J.
O*
6
J. Ac J. N. Y. Office, 4 Broad st. July
1, 1923
7
A. Ac O.
do
do
April 1, 1914
7 g. J. Ac D.
New York.
1901
expenses, $317,286.
(V. 21, p. 569; V.
547.)
Buffalo. Bradford & Pittsburgh—Under perpetual
lease* to Eiie at $40,600 per year.
Buffalo, New York & Erie— Leased to Erie in
1863, for 490 years, at 7 per cent on stock and interest
and sinking fund on bonds. In 1873 Erie
debt, $1,245,392. (V. 20, p. 488.)
bought
Berkshire.—Leased to Housatonic, at 7 per cent $500,600 of the stock a^; $150 per share. (V.20,p. 61,614.)
per year on stock.
Buffalo, New York & Philadelphia.—This is the
Boston <Sb Albany.—Hhe Boston & Albany is
the connecting line of the Philadelphia & Erie with
main western trunk line of New England.
In past Buffalo." In 1874 the net earnings were $186,843.
three years the following has been its exhibit:
Burlington, Cedar Rapids & Minnesota.—In 1874
.
When
0
G & 7
1,309,500
1,000
g.
g.
-
2,250,000
1,000,000
1,215,550
490,000
1,000
1,000
g.
0
7
8
G & 7
3
1,034,000
1,000
1,000
,
14
61
2,000,000
2,570,100
400,000
799,000
870,000
571,500
800,000
1,000,000
2,500,000
3,500,000
1,000
Cedar Falls <£ Minn.—Bonds on 1st div. sink. fund..
Bonds on 2d division, sinking fund
20,129,282
5,000,000
290,000
401,000
5,715,000
GOO,000
g.
0
6
7
1 %
4
7
0
600,#00
1,000
05
Cauuga <6 Susquehanna—Stock
3 40,000
1,500,000
3,000,000
1,133,000
1,100,000
1,000,000
499,500
745,000
20,000 p. m
50
100
0
0
0
0
0
6
0
8
0
9,570,000
1,000,000
1,000
1,000
ioo
mortgage/
$9,198,852
200'000
121
121
219
94
242
242
40
100
Cataicissa—Common stock
New preferred stock
Old preferred stock
1st mortgager bonds
Chattel mortgage bonds
1875-6
....
....
143
1,000
1,000
1,000
....
....
500
500
....
1854
’69-’70
....
Bonds
New bonds
Boston <& Maine—Stock
Bonds, coupon and registered
Boston & New York Air-Line— 1st
mortgage...
Boston & Providence—Slock
J.
Bonds to purchase branches, coupon or
registered
1,000
1,000
113
Mortgage, wharf purchase
1,000
1875
'
Consolidated mortgage bonds (for $2,000,000)....
Boston <6 Lowell—Stock
1,000
1,000
1,000
’61-’74
Sinking fund bonds
1,000
1871-2
....
100
$....
100
100
....
.....
£100
£200
....
....
N. Bedford Railroad bonds
($400,000 are 7s)
Boston, Concord <£- Montreal—Preferred stock.
Com. stock (for old dividends Ac new stock)...
Buffalo, N. F. c6
Rate pei
Cent.
Outstanding
Value.
1,000
21
Albany—Stock
Biiffalo, New
1872
1874
1875
1855
1871
1871
1875
1800
1852
1854
1857
1870
Berkshire—Stock/.
New
.
92*4
92i4
.....
.....
Loan of
Amount
1
Ohio—(Continued)—
Sterling mortgage.
Boston <£•
INTEREST OR
or
par
Baltimore <£
do
[January 27, 1877,
(V. 20, p. 139; V. 22rP- 87.)
M.
M.
F.
F.
F.
J.
A.
Ac
Ac
Ac
Ac
Ac
Ac
Ac
N.
N.
A.
A.
A.
J. New
Philadelphia.
Nov. 16, 1876
do
do
Nov. 15,1876
Feb. 1, 1882
1888 to ’89
Feb. 1, 1900
Jan. 1, 1877
Philadelphia.
do
York, 44 South st.
0. N.Y.,J. S. Kennedy Ac Co
April 30, 1884
J. Ac J.
do
do
Jan. 2, 1907
Burlington & Missouri in Nebraska.—The stock is
A report of company’s operations, &c.t
to Jan. 1, 1876, has not been
published, but we
have the earnings in 1875 as $723,843, and
expenses*
$351,643. The total land sales up to Jan. 1, 1876,
amounted to 733,464 acres for $5,335,675, after de¬
ductions for dead contracts.
(.V. 20, p. 289, 593; V.
22, p. 471; V. 23, p. 159.)
Burlington & Southwestern.—Defaulted Nov., 7873.
Fores osure in progress. (V. 21, p. 159, 441.)
Cairo & St. Louis.—Defaulted m 1873 by failure
to receive town and county bonds. Road
completed
February, 1875. (V. 20, p. 266, 313; Y. 21, p. 31,
441; V. 22, p, 352.)
$8,583,750.
Cairo & Vincennes.—Defaulted in 1874.
of receiver.
p. 446.)
(V. 20,
p.
499; Y. 21,
p.
California Pacific.— Extension bonds
and incomes of
$1,000,000
In hands
63, 302; Y. 22,
of
$3,500,000
have been in default, but
a proposal offered
by Central Pacific. (V. 21, p. 315.
Also V. 20, p. 516; V. 21, p. 159, 277; V. 22,
p. 181,
280, 495, 613; V. 23, p. 62.)
Camden & Atlantic.—Net earnings, 1875, $207,642.
Camden & Burlington Co.—Leased to United
Companies, at 6 per cent on $382,000 stock.
Canada Southern.—Defaulted January, 1874, and
coupons funded, but interest not paid July, 1875.
In January, 1876, passed into N. Y. Central contr-sfc.
(V. 21, p.
159; V. 22,
p. 16, 399, 567.)
Carolina Central.—Receiver appointed
December,
1876. Passed interest January, 1876. (V. 23. p. 622.)
Cayuga.—The Cayuga Lake road was sold under
second mortgage, and this Co. organized. (V. 19, d.
270.)
Catawissa.—Leased to Phila. & Read., Oct., 1872,
New preferred stock dividend to be 7 per cent
in 1875-6 and afterward.
(V. 20, p. 381.)
Cayuga
Susquehanna.—Leased in perpetuity to
Dividends, 9
Delaware, Lackawanna & Western.
per year.
Cedar Falls & Minnesota.—Leased to Dubuque &
Sioux City, and sublet to Illinois Central at $1,500
per mile yearly, and a per cent of iril earnings over
$3,500 per mile.
RAILROAD STOCKS AND
January 27, 187/.]
Subscribers will confer a great
favor by giving immediate
first page
Miles Date
of
of
Road. Bonds
of tables.
Cedar Rapids <£ Missouri—Common
274
128
70
58
146
295
615
stock.
Preferred stock, 7 per cent
1st mortgage
do
do
Central R. R. d■ Bank, Go.—Stock
Macon A Western bonds
Central of Iowa—1st mortgage
2d mortgage, gold, $4,000 per
231
231
291
74
gold, coupon
mile
of New Jersey—Stock
Mortgage bonds
Central
.Bonds (convertible Nov.,
1875 to 1877)
97
$25,000,000)..
general mortgage for relief
Consolidated mortgage (for
New
7
Newark A New York, 1st mortgage
Lehigh & Wilkesbarre Coal Co., 1st inert. guar
do
do
Con
Am. Dock A Imp.Co., 1st mort., guar.
Central Ohio—Common stock
Preferred stock
1st mortgage bonds
Ceut.of N. J.
Central Pacific—Stock
1st mort., gold, (sinking fund, $50,000 per year).
Subordinate lien, California State aid, gold
Bonds, (formerly convertible into U. S. bonds)
1st mortgage on San Joaquin Valley Branch, gold
U. S. Loan, (2d lien on certain terms)
Western Pacific, 1st mortgage, gold
do
Government lien
Cal. A Oregon, 1st mortgage, gold (guar by C.P.).
C. P. bonds, M. on C. A O. Br. ($7,200,000 g.) ..
San Francisco O. & A., 1st mortgage ($1,500,000)
Land bonds on 11,722,400 acres
Charlotte Columbia <£• Augusta—1st m. (C. A A.)
do
consolidated
2d Mortgage
1
Chartiers—1st mortgage
Cherry Valley Shar. <£ Al.—1st mort., convert
Chesapeake <£ Ohio—stock
.’
1st mortgage sinking fund gold
1st mort. exten. (2d on 427 miles) coup, or regd..
Debentures convertible into 2d mortgage:
1st mortgage, (Va. Cent. R. R.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,) coup.
Funded interest, coupon bonds
Income bonds (for funding)
137
137
137
1213
742
50
138
146
742
158
123
152
152
20
85
195
195
23
21
427
427
mortgage
lien
on
income)
Joliet & Chicago, 7 per cent, stock
do
do
1st mortgage, sinking fund
St. Louis Jack. A Cli., 1st mortgage
.
do
do
1st mort. assum. by C. A A.
do
2d mort. assum. by C. A A.
do
do
do
2d mortgage
Louisiana A Missouri, 1st mortgage...
Chicago A Ill. Iiiv., 1st mortgage, guaranteed
Chicago, Burlington & Quincy—Stock
1st mortgage, sinking fund, (trust)
Consolidated mortgage coupon, (for $30,000,000)
Northern Cross R. R. 2d. mortgage, gold
Trust mortgage (Burlington to Peoria)
Plain bonds (coupon or registered)
Bonds of 1875, (sinking fund $13,860 per year)..
Carthage & Burlington, 1st mort..
Dixon Peoria A Hannibal, 1st m...
Coupon,
American Central, 1st mortgage..
but may be
Peoria & Hannibal, 1st more
Ottawa, Oswego A Fox Riv., 1st m registered.
Illinois Grand Trunk, 1st mort....
649
649
322
220
220
38
38
150
37
37
150
101
825
466
825
100
96
32
40
51
31
70
44
40
(V. 2p. 102.)
1861
1863
1866
Outstanding
500 Ac.
100
1872
1870
1869
1871
.
1,000
.
500 Ac.
1,000
slOO
*
m
1869
1872
1874
1876
1867
1874
1875
1,000
1,000
1,000
....
500 Ac.
£200
1,000
1,000
50
50
1,000
100
1,000
1865-8
1864
1862
1870
1,000
1,000
1869
1,000
1868
1872
1870
1870
1,600
1869
1872
1871
1869
1869
1872
1872
1,000
1,060
1,000
500 Ac.
100 Ac.
1,000
1,000
1,000
1,000
Receipts.
...
.
.
1875......
..
...
...
...
...
...
$3 729,412
4,010,121
4,393,514
6,841,379
1868
1870
1,000
1,000
*
Too
1,000
1,000
1872
1875
1869
1869
1868
1868
1870
1870
1870
1,660
1,000
500 Ac.
500 Ac.
0L3
3
,
6
4
6
7
7
6
6
6
6
6
6
1,000
1,000
1,000
500 Ac.
1 J)00
g.
g.
g.
g.
gg.
6 g7
7
and 40 after.
7
0
7
7
6
6
8
8
7
1
6
7
4
4
6
7
7
gg.
g.
g.
7,120,718
8,881.366
8,539,631
3,706,141
4,236,806
4,215.584
4,140,601
4,128,7*7
July 1, 1899
1887
Feb. 1, 1899
June 1, 1900
N. Y., Cent. RR. of N.J.
do
do
A J.
A D. Balt., at B. A O. office.
do
do
A D.
A S. Balt., West. Natl. Bank.
A O. N. Y. A San Francisco.
N. Y., Fisk A Hatch.
A J.
A J. Sacram’o State Treas.
N. Y., E. Kelly A Co.
A J.
N. Y., Fisk A Hatch.
A O.
U. S. Treasury.
A J.
N. Y„ Fisk A Hatch.
A J.
U. S. Treasury.
N. Y., Fisk A Hatch.
A J.
do
do
A J.
do
do
A J.
do
do
A O.
& J. N.Y.,M.K. Jesup,P. A Co,
do
do
A J.
J.
J.
J.
A.
J.
J.
Dec. 30, 1876
Dec. 30,1876
Sept., 1890
Oct.
188,000
360,000
2,120,000
700 000
27,512,842
2,719,000
12,351,500
941,000
678,000
7
5
2,155,500
'455,000
-
1,079,000
900,500
725^000
8
8
8
8
8
8
8
July l, 1884
Jan. 1, 1883
Oct. 1, 1900
1895 to ’99
July 1, 1899
1899
Jan.
Jan.
1,
1,
July 1,
Oct. 1,
abstract of the annual re¬
gross and net earnings to June 30,
in the Chronicle, V. 23, p. 426.
1888
1892
1890
1890
1890
1895
Oot. 1,
Dec. 15,
1901
1899
Nov.. 1899
&
A
A
A
A
A
A
N.
J.
J.
J.
J.
J.
J.
N. Y., Fisk A Hatch.
do
do
do
do
N. Y., Am. Excli. Bk.
do
do
do
do
do
do
J.
J.
M.
M.
M.
J.
J.
A.
A
A
A
A
A
A
A
A
J.
J.
N.
S.
S.
J.
J.
0.
Boston.
do
Jan. 15, 1877
1880 A 1896
Philadelphia.
May, 1872
Sept. 12,1876
A
A
A
A
A
A
J.
0.
O.
J.
J.
A.
m.'a
s.
J.
J.
J.
O.
J.
D.
N.
J.
J.
J.
J.
O.
J.
J.
A.
A.
J.
J.
F.
J.
J.
J.
A.
J.
J.
M.
J.
J.
J.
J.
A.
J.
A
A
A
A
A
A
A
A
A
A
A
A
A
July 1, 1902
July 1.’77 to ’92
1880
1884
1876
1877
1893
N.Y.,M.K.Jesup,P.A Co.
Sept. 12, 1876
Oct. 1, 1903
Jan., 1893
Jan., 1883
do
do
Jan., 1877
N. Y. U. S. Trust Co.
July, 1882
N. Y.,M.K. Jesup.P. A Co.
April, 1894
do
do
April 1,1894
do
do
July, 1898
do
do
July, 1898
do
do
do
do
Lond’n,J,S3IorganACo.
N.Y.,M.K. Jesup,P. A Co.
Aug., 1900
do
do
Y., Bk. of Commerce. Sept. 15,1876
Jan. 1, 1883
do
do
Boston office.
July 1, 1903
Frankfort.
July 1, 1890
N.Y\, N. Bk. of ComTce. Oct. 1, 1890
Jan. 1, 1896
Boston, Co.’s office.
June 1, 1895
Boston, Co.’s Office.
May, 1879
N.Y.,N. Bk. of ComTce.
do
July, 1889
do
do
do
July, 1878
July, 1878
N.Y.,N.B’k of Comm’ree
July, 1900
New York and Boston.
Oct., 1890
Boston.
July, 1890
New Yrork and Boston.
N.
1
statement of outstanding liabilities
re-organization are given in V. 21,
p. 569. (V. 22, p. 42. 87. 134 , 230, 375, 392,589;
V. 23, p. Ill, 525; V. 24, p. 62.)
A very complete
and the plan of
Cheshire.- Net income, 1875-76,
Pays 6 per cent dividends.
port for 1875. including the
1,1875
1895 to ’98
M.
J.
J.
J.
J.
J.
J.
p.
fault
Nov., 1902
Q.-M.
J.
J.
J.
M.
A.
J.
J.
J.
A.
J.
J.
Q.—J.
8
7
7
7
7
7
7
5
8
7
4 g7
V. 23, p. 62, 329, 353, 525, 615;
Central Pacific.—An
1890
do
do
do
do
do
London.
do
do
do
do
do
A. A O. Philadelphia, Penn R.R.
J. AD. N. Y., Metropolitan Bk.
7
Chesapeake & Ohio— After the panic of 1873, de¬
was made on interest. Net earnings in 1875 76.
Receiver appointed October, 1875, and
3,135.235 $356,476.
2,883,912 foreclosure proceedings are in progress for the
A large amount of
urpose of re-organization.
4,665,782
onds have been deposited with the Committee, and
4,449,030
3,281,910 all holders assenting should deposit immediately.
1,367.958
1,881,297
Q.-J.
Nov.
do
7
Central Ohio— Leased to Balt. A Ohio RR. in 1866
rent 35 per cent of gross receipts for 5
years,
1, 1876
Aug. 1, 1876
Y., Nat’l Park Bank. Aug. 1, 1891
do
do
Aug. 1, 1894
May, 1916
do
do
June, 1874
8avannab, Ga.
Now York A Savannah. Jan. 1, 1893
Oct., 1880
Savannah, Ga.
New York, Office.
July 15,1899
April 15,1901
do
do
New York, at office.
April 10, 1876
.
....
g.
g.
8
787,900
500,000
9,937,800
2,425,400
3,893,200
267,000
563,500
435,000
277,000
J.
O.
J.
O.
Stocks—Last
Dividend.
payable, and by
do
J. A J.
M. A N.
564,000
i;ooo
(V. 22, p. 326, 613;
V. 24, p. 63.)
Expenses. Net earn’gs.
$1.3*0,220
$2,379,192
2.642,163
2,512 217
Bonds— Princi¬
pal, When Due.
Boston, Treasurer.
A.
A. N.
A.
N.
I).
7
6 g•
7
7
2,153,300
1,000
A
A
A
A
A
A
A
A
A
Q.-J.
land agent’s report, also
1876, was eiven
Gross earnings,
ending Sept 1, 1876, |2,601.542; net, $983,541. (V. 1875, $17,021,015, currency; expensers, $7,417,944;
21, p. 37S2, 417; V. 22, p. 304; V. 2), p. 353, 498.)
net earnines, $9,603,071. For six months, ending
June 30, 1876, net earnings were $4,005,'513, against
Central of Iowa.—Decree of sale in foreclosure $4,227,159 same time 1875. Trustees of land mort¬
made October, 1875.
(V. 21, p. 85, 393, 417, 465, 511; gage purchased $540,000 of the land grant bonds in
V. 22, p. 110, 495; V. 23, p. 159, 427.)
July. 1876. (V. 21, p. 159, 483: V. 22. p. 61, 233, 352,
471, 521, 545, 613; V. 23, p. 86. 207, 379, 426.)
Central of New Jersey.— A report, in brief, fur 1876,
gave gross earnings of $7,322,000; net, $3,618,000.
Charlotte, Columbia cfc Augusta—Stock is $2,578,Dividends in ’75-6 partly paid from previous reserve.
Net earnings in the year ending September 30,
On large decline of stock in June, 1876, the presi¬ 000.
1876, $203,327, against $250,004 the previous year.
dent issued a circular, stating that the company was
earning well, Ac., but giving no figures. In Sept, Floating debt retired May, 1876. (V. 21, p. 590; V.
another statement was issued (see V. 23, p. 278) 22, p. 134, 471; V. 24, p. 62.)
giving general financial condition. Ac , in reference
to new “blanket” mortgage.
This Company also
Chartiers.—Leased to Pitts. Cin. A St. Louis, and
assumes $2,3t0,(>00 of Lehigh Coal A Navigation
operated by Penn. Co. Net earnings go to lessorCompany’s debt and $265,793 of the Railroad Car in 1875, $34,727. (V. 22, p. 519.)
Trust Company.
The following table shows the
receipts, expenses and net earnings, from the begin¬
Cherry Valley, Shar. & At.—Transferred to Dela¬
ning of 1868 to the present time; including, since
1870, those of the Lehigh A Susquehanna Div¬ ware A Hudson Canal Co., April, 1875. Interest
ision :
unpaid in December, 1875. (V. 20, p. 404.)
186S
1869.
•1870
1871
18T2
1873
1874
these Tables*
Whom.
F. A A.
M. A N.
500.000
1,000
100
1,000
1873
2*2
F.
F.
F.
M.
J.
J.
A.
J.
A.
7
7
7
2,383,000
1,087,000
1,500,000
336,000
2,365,000
500 Ac.
1858
7
7
7
4
7
7
7 g.
7 g.
Where
When
Payable
Q.-F.
3^
8,669.000
193,500
1,806,500
500,000
500,000
300,000
15 898,401
15,000,000
5,426,000
66,000
100,000
902,000
300,000
160,500
1,220,331
1857
1864
1864
1868
*
1 '
2,000,000
100
100
1873
1863
1862
769,600
700,000
582,000
2,332,000
7,500,000
3,222,000
117,000
3,700,000
925,000
20,600,000
5,0(H),000
4,400,000
14,150,000
(?)
600,000
1,860,000
9,t)06,000
3,000,000
2,437,950
411,550
2,500,000
54,275,500
25,883,000
1,500,000
1,483,000
6,080,000
25,885,000
2,616,000
1,970,000
6,000,000
1,000
1,000
100
500 Ac.
*
Rate pei
Cent,
$6,850,400
100
500 Ac.
500 Ac.
for 2) years,
■Central Railroad & Bank, Go?.—Leases several
roads, and guarantees bonds. In April, 1875, pur¬
chased one-half interest in Western Railroad of
Alabama at foreclosure sale.
The “ tripartite”
bonds are issued jointly by this Company, the Macon
& West., and Southwestern.
Gross earnings year
Amount
$100
*
Quincy A Warsaw, 1st mortgage
one-fiftli of all above that.
notice of any error discovered in
Value.
1874
►
Cedar Rapids & Missouri— Leased to Chicago &
Northwestern at $700 of first $1,500 gross earnings
per mile; one-third of the next $3,000 per mile, and
or
par
21^
Valley—1st mortgage
Chicago dk Alton—Common stock
Preferred st’ek (7 p. e. y’rljr not cumulative)
General mortgage^ sterling, for $8,000,000
Chester
1st
Size,
64
Cheshire—Stock, preferred
Bonds.not mortgage
Income bonds (a 1st
XT
INTEREST OR DIVIDENDS.
DESCRIPTION.
on
BONDS,
$124,841.
(V. 21,
590; V. 23, p. 548.)
Valley.—In hands of trustees and leased
Philadelphia A Reading. Coupons due 1860, paid
May, lo76.
Chester
to
Chicago & Alton —The report
length in V. 22, p. 255,
for 1875 Is given at
and shows gross earnings of
$4,656,763, and net earnings of
$2,052,6:8, against
Joliet A"Chicago RR. is leased for
interest on stock and bonds. St. L., Jack. & Chic.
Railroad leased at $240,000 per year. Louisiana &
$2,336,876 in 1874.
Mo. RR. built
19. p. 479; V.
and operated under contract.
(See V.
20, p. 429.) The Chicago & Illinois
River bonds had not been sold to January, 1876,
and there was some litigation. (V. 18. d. 350; V. 19,
p. 16, 479; V. 20, p. 1767 265, 289, 500; V. 21, p. 185,
612; V. 22, p. 255; V. 23, p. 478.)
Chicago Burlington &
Quincy.—Purchased in Oct.,
Chic, road, for $1,570,000 in
gold. Gross earnings for 1875 were. $11,791,361; ex¬
penses, $*,430,122; net earnings, $5,361,238; interest
charge, $2,014,709. The C. B. A Q. leases numerous
branch roads, giving them a traffic guarantee (usually
40 or 50 p. ct.) for purchasing tlieir bonds.
Enough
of the consolidated mortgage is reserved to take up
prior debts.
In August, 1875, stock of this
1876, St. L. Rock ls. A
Company was
issued in exchange for Burlington
Missouri River
Railroad stock, and the same is
fiven forRiver convertible (V. 20,
lissouri the Railroad.
bonds
of 15, 37, 60, 426.
p. Burlington184,
A
231; V. 23, p. 63, 255, 403,
499, 525, 598; V. 24, p. 63.)
;
335. 499: V. 22, p.
A
als«
xri
RAILROAD STOCKS AND BONDS.
Subscribers will confer
by giving Immediate notice of any error discovered in these Tables*
great favor
a
DESCRIPTION.
Miles Date
For explanation of column headings, Ac., see notes
of
of
on first page of tables.
Road, Bonds
Size,
or
Par
-
Chicago, Burlington A Quincy—(Continuedl—
Keokuk A
St. P., 1st M. (Coup., but may be reg.)
Albia Knoxville & Des Moines, 1st mortgage
Bonds for St. L. R. I. & Chic
43
•
Chic., Clin. A Dub.—1st mort.,
coup,,
mortgage
1st mortgage
1st
)
i
[
80
but
may be
mortgage, on branch
J registered.
Chicago, Milwaukee A St. Paul—Com. stock
1,399
Preferred st’ck (7 p.c. y’rly, not cumulative)
1,399
Consolidated mortgage (for $35,000,000)
1st mortgage
CO jA
370
2d mortgage
370
© ®
1st mortgage (Iowa A Minnesota)
220
n
B
1st mortgage (Minnesota Central)
<D ©
49
....
let mortgage (Iowa & Dakota)
1st mortgage (Prairie du Chien)
2d
mortgage (Prairie du Chien)
.O
Sc
....
&|
235
235
g
130
75
f-eg
....
•"'d
85
Cm a;
Equip. ABridge bonds (may be paid in 1878)
Western Union, 1st mortgage
S4" 197
1,459
Chicago A Northwestern—Common stock
Preferred st’ck (7 p. c. y’rly, not cumulative)
1,459
Bonds, pref. (sink’g fimd), 1st mort., Chic, to Osh.
193
Interest bonds, funded coup., 2dm., Chic, to Osh.
193
....
1st mort., general, 3d mort., Chic, to Oshkosh
Appleton exten., 1st mort. on 23 miles and land..
Green Bay exten., 1st mort. on 26 miles and laud
1st mort., Galena & Chicago Un. RR. extended...
1872
....
....
mortgage.,
Chicago, Rock Island A Pacific—Stock
1st mortgage, sinking fund
Branch bonds (sinking fund $40,000 from 1877).
Chic. A S’western, 1st mort., gold (guar in cur)...
do
Atch. Branch, 1st M., gold, not guar.
Cincinnati, Hamilton A Dayton—Stock
1st mortgage of 1853
2d
do
1865
3d
1867
^
do
Consol, mort. (for $3,000,000), sink, fund 1 p. c..
Cin. Ham. A I, (Junction) RR., 1st mort., guar...
Cincinnati, Lafayette A Chicago— 1st mort., gold
Consolidated mortgage
Oin. A Martinsville—1st mort.,guar by lessees
Cincinnati A Muskingum Valley—1st mortgage
Cin., Richmond A Chic— 1st mort., guar. C. H. AD.
2d mortgage, guar, and owned by C. H. A D
Cin., Richmond A Ft. IF.—1st mort., gold, guar
Chicago A Canada Southern.—Connection of Can¬
ada Southern.
Interest not paid.
Chicago, Cincinnati <jf Louisville.—No informa¬
tion furnished.
Chicago, Clinton & Dubuque.—This road defaulted
In 1873. It was built by construction" companies in
which certain directors of C. B. & Q. were stock¬
holders. (V. 23, p. 232, 499; V. 24, p. 39, 63.)
Chicago, Danville A Vincennes.—There is also
a
2d mortgage for $1,000,000 and a chattel mortgage
Of $1,000,000, most of which are pledged. Default
was made in 1813. Subsequently receiver appointed,
and foreclosure sale ordered by decree of December
6. 1876. (V. 21, p. 157, 185, 347; V. 22, p. 87, 304, 544;
T. 23. p. Ill, 159, 255, 547. 598.)
Chicago, Dubuque & Minnesota.—Defaulted De¬
cember, 1873, same as Chicago Clinton & Dubuque.
(V. 21, p. 14; V. 23, p. 232, 409; V. 24, p. 39, G3.)
Chicago A Iowa.—Has a traffic guarantee of Chic.,
Burlington & Quincy 40 per cent for purchase of
bonds. (V. 22, p. 87.)
Chicago, Iowa A Nebi'aska.—Leased in perpetuity
to Chicago A Northwestern, at 37J£ per cent of
1,000
1,000
1,000
1,000
1,000
100
100 Ac.
500 Ac.
1,000
1,000
1,000
1,000
100
100
1872
1873
1873
1866
1,000
1,000
1,000
1,000
....
....
1859
1862
1862
1853
....
1859
....
....
100
100
100 Ac.
100 Ac.
100 Ac.
500 Ac.
500 Ac.
1,000
1,000
500 Ac.
....
74
46
779
126
85
120
1863
1863
1865
1,000
1,000
1,000
1871
500 Ac.
1.000
500 Ac.
500 Ac.
Chicago A Milwaukee, 1st mortgage, 2d lien
Menominee extension, 1st mortgage, gold
1871
Gen, oons, mort., gold, coup..orreg. ($48,000,000) 1,058 1872
Winona A St. Peter, 1st mort., guar by Chic. ANW.
137 1870-1
do
2d mort.,
137 1871-1
do
do
do
1st M. exten, gld, land gr., s. f.
175
1871
La Crosse, Tremp. A P. 1st mort,, guar. C. A N.W.
28
1870
Iowa Midland, 1st mort., guar, by Chic. A N. W..
75
1870
2d
500 Ac.
....
mortgage (Beloit & Madison Railroad)
Chicago A Paducah—1st mortgage
Chicago, Pekin A Southwestern— 1st mortgage
....
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
....
Consol, sink’g f’d M., (all above convert, into this)
Madison extension, let mort., sinking fund, gold.
Northwestern Union, 1st mortgage, gold
1,000
62
156
70
64
674
359
....
270
30
60
60
60
60
60
98
75
75
38
148
36
36
90
....
1872
1873
1871
1871
1,000
1,000
100 Ac.
1,000
1,000
500 Ac.
1,000
1.000
100
1866
1875
1869
1871
....
1853
1865
1867
1875
1873
1871
1874
1865
1870
1866
1869
1871
Outstanding
Rate
Cen
$318,500
1,000
1,000
100 Ac.
1,000
100
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
,
12,274,483
4.872,427
5,909,000
1,091,000
3,810,000
190,000
837,000
3,674,000
1,315,000
234,000
4,000,000
467,000
2,500,000
245,000
3,500,000
15,011,180
21,502,233
1,237,600
737,400
3,568,500
140,000
264,000
1,692,000
182,000
120,500
294,000
271,000
4,390,000
3,150,000
1,700,000
2,700,000
10,583,000
2,750,000
1,650,000
4,375,000
1,000,000
1,350,000
3,500,000
2,808,000
700,000
300,000
24,999,700
8,167,000
1,000,000
5,000,000
1,000,000
3,500,000
1,250,000
500,000
500,000
1,000,000
1,846,000
1,120,000
724,000
400,000
1,500,000
560,000
65,000
1,800,000
scrip;
on common stock in 1871 7 scrip, 1870 3 cash
and? scrip. (V. 22, p. 280, 421, 567; V. 23, p. 111.)
Chicago A Northwest.—The fiscal year ends with
The last annual report will be found in the
Chronicle, V. 23, p. 158 and 181. The net sur¬
plus of the year on the Chic. & Northwest, lines
proper, after paying interest, was $1,797,550, and on
the whole system, including proprietary roads,,
$1,179,716. The net earnings of proprietary roads
were $674,589, and
the interest on their bonds,
$992,422 Lands of the company are 2,155,560 acres
gross receipts.
unsold.
In 1875-6, 10,456 acres were sold at an
Chicago A Michigan Lake Shore.—'The first mort¬ average price of $2 96
per acre. The nominal sur¬
gages, main line, have traffic agreement from Michi¬ plus balance of the Company, May 31, 1876, was
gan Central. In default for interest since July, 1873, $3,817,329. Operations of the C. & N. W.
proper,
except on first bonds $477,000. Receiver appointed for the last six years, compare as follows:
Nov., 1876. (V. 20, p. 60. 312; V. 23, p. 547.)
Gross
Expenses
Net
Chicago. Milwaukee A St. Paul.—The earnings
earnings.
and taxes.
earnings.
were reduced in 1874 and 1875 by the lower freight
1875-76
$12,773,711
$7,408,957
$S364,8:3
rates imposed by the Wisconsin railroad law.
In 1874-75
12,707,726
7,984,694
4,728,C31
rates the law was modified, and with April, 1876, 1873-74
14,410,124
9,334,450
5,075,673
higher rates again took effect, having a good influ¬ 1872-73
12,736,607
8,178,237
4,568,370
ence on earnings.
The following is a comparison for 1871-72
11,402,161
6,810,026
4,592,135
three years or operations, and financial condition 1870-71
11,694,914
6,311,506
5,383,408
at the close of year:
The trust deed of the-gold loan provides contin¬
1875.
1874.
1878.
gently for a possible issue of $48,000,000, by ulti¬
1,399
Miles
1,399
1,399 mately absorbing all the other bdnds and also nil
Stock
$27,673,744 $27,673,744 $27,673,744 subsequent issues, including all the bonds of the
Debt
27,129,000
27,119,610
26,287,610 proprietary roads of the company, together aggre¬
8,953,017
Earnings
8,255,743
9,046,123 gating $35,349,000, which amount is reserved from
p. expenses.
5,170,354
5,871,116
6.5r4,530 the $48,000,000. Dividends have been paid—Decem¬
et earnings.
8,085,389
3,081,900
2,461,633 ber, 1876, 3^ on preferred; July, 1873, 3# on pref.!
Stocks—Last
Dividend.
Whom.
A. A 0.
Boston.
J. A J.
A. A O.
Boston.
g- A. A O. N. Y., Union Trust Co.
J. A J. N. Y., Farm. L. A T; Co.
J. A I). Bost., C., B A
Q. Office.
g. A. A O. New York, Co.’s Office.
A. A O.
do
gdo
J. A D. Bost., C., B. A Q.
Office.
J. A J. New York and Boston.
J. A J. Boston, by Treasurer.
J. A J. Boston, Merchants’ Btk.
F. A A. New York. Park Bank.
M. A S. Bost.. Treasurer’s office.
J. A J.
do
do
M. A N.
do
do
M. A S.
do
do
s.
J. A J.
New York, Office.
A. A O.
3^
do
do
7
J. A J.
do
do
7
J. A J.
do
do
7
A. A O.
do
do
7
J. A J.
do
do
7
J. A J.
do
do
7
J. A J.
do
do
8
F. A A.
do
do
7*3
F. A A.
do
do
7
J. A J.
New York, Office.
7 g. J. A J. London and New York.
7
J. A J.
New York, Office.
7
J. A J.
do
do
10
J. A D.
New York, Office.
7
F. A A. N. Y., Mil. St. Paul RR.
3 Ju
J. A D. New York, Co.’s Office.
J. A D.
3^2
do
do
7
F. A A.
do
do
7
M. A N.
do
do
7
F. A A.
do
do
7
F. A A.
do
do
7
F. A A.
do
do
7
F. A A.
do
do
7
J. A J.
do
do
6
J. A J.
do
do
7
M. A S.
do
do
7
J. A J.
do
do
7
do
do
Q.-F.
7 g. A. A 0.
do
do
7
J. A J.
do
do
1 g. J. A D.
do
do
7 g. J. A D.
do
do
7
J. A J.
do
do
7
M. A N.
do
do
7 g. J. A D.
do
do
10
A. A O.
do
do
8
A. A O.
do
do
7 g. M. A S.
do
do
7
J. A J.
8
F. A A. N. Y., Farm. L. A T. Co.
8
A. A O.
2
Q.-J. New York, Co.’s Office.
7
J. A J.
do
do
6
F. A A.
do
do
7 g. M. A N.
do
do
7 g. J. A D.
4
A. A O. N. Y., Winslow, L. A Co.
7
M. A N.
do
do
7
J. A J.
do
do
8
J. A D.
do
do
7
A. A O.
do
do
7
J. A J.
do
do
7 g. M. A S. N.Y., J.S.Kennedy A Co.
7 g. J. A J.
do
do
7
F. A A. New York, Co.’s Office.
7
J. A J. New York, Moran Bros.
7
J. A J. N. Y., Winslow, L. A Co.
7
J. A J.
do
do
7 g- J. A D. N. Y., Winslow, L. A Co.
280, and V. 23, p. 111. The sterling bonds of 1872
convertible into dollar bonds. Dividends have
been paid since 1869—on pref. stock—in 1836 14
per
cent, in bonds, and 3*4 per cent in cash; in 1874 7
in bonds, 1873 7 cash, 1872 7, 1871 7, 1870 7 and 3
,
Where Payable, and by
8
5
7
7
8
7
7
8
8
5
7
7
8
8
8
8
7
are
....
When
r Payable
The issue of consol, bonds of 1875 was made to sub¬
stitute for that of 1874; of these bonds $27,339,000 are
reserved to take up old debt. The dividend on
pre¬
ferred stock March, 1874, was paid in consol, bonds
and the same April, 1876, and about
$1,000,000 were
issued June, 1876, for steel rails, La Crosse Bridge,
and Milwaukee Elevator. See statements V. 22, p.
May.
pal, when Due.
8
462,000
2,200,000
2,500,000
1,000,000
1,500,000
2,500,000
1,500,000
4,,425000
1,750,000
3,838,200
568,200
211,500
477,000
3,523,000
1,350,000
1,280,000
15,399,261
'
1,000
Bonds—Princi¬
INTEREST OR DIVIDENDS.
Amount
$500Ae.
1875
1863
1864
1867
1864
1869
1868
1868
1861
1872
248
1st mort. (Peninsular RR.) on roads and lands...
1st
....
1860
1863
1869
1870
1871
193
23
26
Mississippi River Bridge b’ds, lien on net earnings
Elgin A State Line Railroad bonds
Value.
'
82
82
82
195
195
195
52
Coupon,
Milwaukee A Western
Bt. Paul A Chic. 1st mort., $ & £ (conv.)
1st mortgage, Hastings A Dakota
1st mortgage, Chicago A Mil. line
1869
1875
1876
1872
1867
1871
1869
1872
1871
1871
•
73
(50
108
21
131
regis’ble
Indiana exten., 1st mort., gold (2d mort on 114m)
Chicago, Dubuque A Minnesota— 1st mort
Chicago <6 Iowa—1st mort., coup., may be reg
Chicago, Iowa A Nebraska—Stock
2d mortgage (now 1st)
1st
•
....
Chic., Danv. A Vin.—1st mort., gold, sink’g f’d
3d
do
(now 2d)
Chic, A Mich. L. Shore—1st mort
•
....
Chicago A Canada Southern—1st mort., gold
Chicago, Cincinnati A Louisville—1st mort
[January 27, 1877.
April, 1879
Oct.
i,
1901
April 1, 1902
Jan., 1887
June 1, 1896
April, 1909
April, 1912
June 1, 1896
July 1, 1901
Jan. 1, 1877
July 1, 1888
.
Aug. 15,1892
Sept. 1889
July, 1890
Nov., 1891
Sept. 1, 1892
Jan., 1871
Oct. 5, 1876
July 1, 1905
1893
1894
1897
1894
1899
1896
1,896
1891
Jan., 1902
1902
1903
June 1, 1883
Feb. 1896
Dec. 28,1872
Dec. 22,1876
Aug. 1, 1885
May, 1883
-
Aug. 1, 1885
Aug. L 1885
Aug. 1, 1885
1882
Jan.
1, 1884
July 1, 1878
Sept. 1, 1898
Jan., 1888
Feb.
1, 1915
April, 1911
July 1, 1898
June 1, 1911
Dec. 1, 1902
Jan. 1, 1887
Nov. 1, 1907
Dec. 1, 1916
April 1, 1878
Oct., 1900
June 1, 1915
July 1, 1903
Aug. 1, 1901
1891
Feb. 1, 1877
1896
Aug. 1, 1895
Nov., 1890
....
April, 1873
May 1, 1880
July 20,1885
June, 1877
Oct., 1905
Jan., 1903
Mch. 1901
Nov. 1, 1914
July, 1905
Jan., 1901
July, 1895
Jan. 1, 1889
June, 1921
December. 1872, 314 on both; June, 1872, 3% on
preferred: December, 1871, 3>£ on preferred; June,
1871, 5 on both; December, 1870, 5 on both;
June, 1870, 2 on preferred; December, 1869, 5 on
preferred, 4 on common; June, 1869, 5 on both; De¬
cember, 1868, 5 on both. (V. 21, p. 109; V. 22, p.
544 ; V. 23,
p. Ill, 493; V. 24, p. 29.
Chicago A Paducah.—Completed in July, 1874.
Newline proposed Oct., 1876. (V. 23, p. 427.)
Chicago, Pekin A Southwestern.—Opened in 1873,
Gross earnings first half of 1874, $66,346; net,
$33,720.)
‘
Chicago, Rock Island & Pacific.—Net receipts in
ending April 1, 1876, $3,687,028, ^against
$3,543,283 in 1874-75. The income account for year
was as follows:
Gross receipts, $7,342,189; net
receipts, $3,687,028; dividend payments, $1,678,884;
interest. Ac.. $785,000; nominal surplus for the year,
$1,214,081. Chicago A Southwest, road is leased, and
interest guaranteed on $5,000,000 of its bonds ;
year
the
others
are
in default.
Road
was
sold Nov.
1, 1876. CV. 20, p. 614; V. 21, p. 38, 186, 253; V.
23, p. I 3, 256, 303, 353, 450, 499, 598.)
Cincinnati, Hamilton A Dayton.—See report in V.
23, p. 39, showing net income of $137,545 in 1875-6.
Investigating Committee’s report, V. 20, p. 357.
(Y. 19, p. 183; Y. 21, p. 62; V. 22, p. 280: Y.23f p.39.)
Cincinnati, Lafayette A Chicago.—Lafayette. IndM
Hi. Gross earnings in 1875, $400,051,
to Kankakee,
net, $178,903.
(V. 20,
p.
568.)
'
Cincinnati A Martinsville.—Receiver
appointed,
Feb., 1876. Sold in foreclosure, June. 1876. (Y.
20, p. 289; V. 22, p. 232, 614; V. 23, p 85.)
Cincinnati A Muskingum VaUey.-Is leased for 99
years from 1873 to Pittsb., Cin. A St. Louis for net
earnings, but bonded interest is guaranteed. Net
earnings, 1875, $35,744. (V. 22, p. 619, 614.)
Cincinnati, Richmond A Chicago.—Leased to Cin.,
Ham. A Dayton, which owns most of the stock. Net
income above interest, 1875-6. $8,229. (V. 21, p. 62.)
Cincinnati, Richmond A Fort Wayne.—Leased to
Grand Rapids for 99 years. Interest on bonds is
guaranteed by Grand Rapids, Cincinnati Hamilton
A Dayton, and by Pennsylvania Co. (V.22, p. 532.)
RAILROAD STOCKS AND
January 27,1877.J
Subscribers will confer a
INTEREST OR DIVIDENDS.
Date
of
Road. Bonds
Miles
Cincinnati, Sandusky d.
Preferred stock
tables.
171
171
Cleveland—Stock.
Sandusky city & Ind
do
Cincinnati,
Cincinnati <& Springfield—1st
2d mortgage
....
Sandusky & Cle
mortgage, guar.
....
•
Cin., Wab. <& Mich—1st mortgage
(Bel. & Ind.) excb. for new mort.
C., C., C. & I. sinking fund
Consolidated mortgage (for $7,500,000)
do
do
Cleveland d- Mahoning
Valley—Stock
let mortgage,
4th mortgage (now
Construction and equipment bonds
Cleveland, Tuscarawas Valley *& Wheeling—1st m.
Colebrookdale—1st mortgage
Colorado Central—1st mortgage, convertible
Oolumbus <£ Hocking Valley—Stock
Income
Branch
Ind. Central
Burlington)
Cincinnati—1st mort
Connecticut River—Stock
1st mortgage (sinking fund now
-
$148,931)
Cumberland Valley—Stock ($484,900preferred)
...l
fimd guaranteed
.
j
Danville, Hazleton & Wilkesbarre—1st mort
Danville, TJrbana, BVlon & Pekin—1st M., gold
Davenport <£* St. Paul—1st mortgage, gold
Dayton d Michigan—Com. stock (3*2 guar. C.H.&D.)
Preferred stock, (8 percent, guar. C. H. &D.)—.
fund, $30,000 per year....
v
Cleveland.—In the year
earnings were $863,076;
expenses, $516,907; net earnings, $286,169, leaving
$10,352 balance, after paying rentals, interest, &c.
(V. 21, p. 691; V. 23, p. 450.)
Cincinnati & Springfield.—Leased in perpetuity
to Clev. Col. C. & I., with guarantee of interest;
on first mortgage half of interest is also guaranteed
by Lake Sh. & M. S. (V. 23, p. 232)
Cincinnati, Wabash & Michigan.—Paid interest
January, 1876, to bondholders not consenting to pass,
and allow funds to be used for completion of road.
Some bonds held by L. Sh. & Mich. So’n. but no in¬
dorsement by that company. (V. 22, p. 158.)
Cleveland, Columbus, Cincinnati & Indianap.—By
the animal report surplus over interest in 1875
was $600,261.
Net earnings in 1815, $384,024. Later
report V. 23, p. 232. (V. 20, p. 241; Y. 21, p. 63,
263; Y. 22, p. 257, 303.)
Cleveland & Mahoning Valley.—Is leased to At¬
lantic & Great Western, and interest on bonds is
paid. (V.20, p.85, 139; V. 23, p.232, 403.)
'
Cleveland, Mount Vernon
db Delaware.—Defaulted
made compromise by which all the
coupons due July, 1874, and one-half of coupons
from January 1,1875, to and including July 1, 1877,
are to be postponed to Jan. 1,1885, and the remain¬
ing half to he paid as they mature. Gross earnings
July, 1874, and
net, $96,667.
350.)
Pittsburgh--Leasedto Pennsylvania
1875, $426,027: expenses, $329,360;
(See report, V. 20, p. 380; V. *2, p.
Cleveland &
Railroad at 7 per cent on stock, besides expenses
and interest, and transferred to Pennsylvania Co.
Report for 1876, V. 24, p.
63.
Cleveland, Tuscarawas Valley & Wheeling—This
road was sold under a 2d mortgage, Jan. 27,1875, and
V. 22, p. 352.)
Colebrookdale.—Leased to Philadelphia & Read
No dividends paid on stock.
....
2,000,000
051,000
1,200,000
14,991,092
1,000
1,000
1,000
100
500
201,000
430,000
3,000,000
2,500,000
1,000
1,000
1,000
50
500 &c.
500 <fcc.
500 &c.
1,000
1,000
1,000
1,000
1,000
1,000
100 &c.
1,000
50
500 &c.
1,000
1,000
(V. 20, p. 6.\ 140, 336;
2,759,200
030,000
500,000
1,350,000
950,000
990,994
11,243,479
1,104,844
2,701,000
1,342,000
2,000,000
584,000
1,272,000
1,920,950
1,500,000
300,000
1,000
2,032,000
....
775,000
531,500
313,000
217,750
....
821,000
-
000,500
341,400
3,092,000
....
1871
74,024
1,000,000
1,780,200
302,000
1,000
50
1,000
1873
1871
38
1809
1875
33
33
51
117
170
142
142
142
142
142
50
100
100
100 &c.
100 &c.
100
1^
0
7
7
7
0
8 g.
4
7
7
7
7
7
7
7
7
7
7
7
10
7
7
7
7
7
2
7
5
1,777,850
1,000
1,000
20,000 p.m.
1,000
1870
500 &c.
1800
1808
1,000
1,000
500
500
100
’00-’72 100
50
&c.
&c.
&c.
50
&c.
50
50
1871
1850
1,000
1807
1,000
1809
1,000
01&04 500 &c.
2,000,000
2,395,350
1,280,100.
1,870,000
420,000
350,000
105,500
8
8
0
J.
O.
J.
S.
J.
J.
S.
S.
Sept., 1906
Jan., 1890
1, 1900*
1, 1901
Jan.
Jan.
1, 1876Jan., 1892
Nov. 1, 1900
Dec.
Jan.
Jan.
N. Y., A.
do
Iselin & Co.
do
N.Y., Gallatin Nat. B’k.
do
do
do
do
do
do
do
do
Feb., 1890
Boston Office.
failure
cent on
net receipts in
to Concord RR.
Connecticut <ft Passumpsic.—Annual report to
June, 1876. showed net earnings for year $240,954,
Div. passed since Aug.,
of $1,500 0J0 will retire
p.277; V. 23, p. 301, 547.)
Connecticut Central.—Leased to Connecticut Val»
\ey at a rental covering interest. (V. 22, p. 209.)
Sept. 1, 1901
10, 1876;
Sept. 1, 1890
Nov. 1, 1876
Jan. 1, 1877
Feb. 1, 1875
Dec.
do
do
do
do
April 1, 18931
July. 1881
Feb. 1, 1875
July 1, 1880
Oct., 1895
Boston, Bost.A Alb.RR.
Boston, Globe Nat. B’k.
N. Y., Am, Exch. N. Bk.
New York and Boston.
1, 1877
Sept. 1, 1878
Jan. 1, 1901
July 1, 1900>
lOOO-’l-^’S-^
J.
O.
O.
O.
O.
Q.-J.
Jan.
‘Philadelphia.
York, Co.’s Office. March 1,189L;
May 1, 1888do
do
Phila. and Carlisle, Pa. Jan. 1, 1877
Pliila., T. A. Biddle & Co April 1, 1904.
April 1, 1908<
do
do
Jan. 1, 1884
do
do
Dec., 1876
New York and Danbury
New York, 84Broadw’y 1880, '90, *92;
Oct. 1, 1888
Phila. Penn. RR. Co.
April, 1909
N. Y., Farm. L. & T. Co.
July, 1911
N. Y., Lond. & Frankf’t.
Cincinnati. C. H.& D.Co. Oct. 2, 1870
Jan. 3, 1877
N. Y., Winslow, L. & Co.
New
J. & J.
M. & S.
A. & O.
M. & S.
guaranty could
Dec., 1883"
1886 to '90
Nov., 1904.
Jan., 1882 j
Iseiin
Q.-M.
2
7
7
7
7
1, 1892
1893 to *95.
Nov., 1904?
Dec., 1905Feb., 1884
do
do
N.
1^1
189&'
April, 1908
N.Y., Gallatin Nat. B’k.
A. & O.
A. & O.
A. & O.
&
&
&
&
&
1, 1913
June 1,
June 1.
do
do
Q.-J.
J.
A.
A.
A.
A.
7
7
7 g.
7 g.
1,1914L.
Nov., 1876
Aug. 1, 1893.
1890*
Aug. 16,1876.
Y., St. Nich.Nat. B’k Oct. 1, 189T
do
do
July 1, 1880-.
& J.
&
&
&
&
&
&
M. &
M. &
M. &
Suit is pending against
Pennsylvania Railroad. Interest on most of the old
nrior bonds has been taken up. Net earnings, 1875,
$606,442. (V. 20, p. 29,61,140t 162, 241, 325, 355, 382,
426. 593; V. 21, p. 13, 347, 511, 534; V. 22, p. 352,
495, 519, 590; V. 23, p. 40, 254, 547.)
Columbus db Xenia.—This road is leased to the Lit¬
tle Miami Co., and both roads for 99 years to Pitts¬
burg Cinn. & St. Louis Co.; the lease is guaranteed
by Pennsylvania Railroad, and the terms are 8 per
previouf issues. (V. 21,
& A.
& O. N.
& J.
F. & A.
prejudice their rights.
The new mortgage
May, 1899
June
do
do
do
do
do
do
& J.
J.
A.
J.
M.
J.
J.
made on the $5,000,000 seconds.
April 1, 1875, defaulted on 1st mort. The guarantee
of interest was absolute, but the Pennsylvania Rail¬
road claims that the C. C. .fe I. C. Co. did not fulfil
1875.
Until 1899
Y., Farm. L. & T. Co.
Various
Aug., ’74, default was
against $226,875 in 1874-5.
N.
F. & A.
A. & O.
amended lease was made Feb., 1, 1870, also guar¬
anteed bv Peim. RR. The amended lease guaran¬
teed interest on $15,821,000 ol first and second bonds.
Concord & Portsmouth— Leased
at $25,000 per year.
.
July 1, 1891
Feb. 1, 1870
June, ’75 to
N. Y., A.
& Co.
N. Y., Union Trust Co.
Columbus Treasury.
Q.-M.
M. & S. N. Y., Am. Exch. N. B’k
M. & N. Boston, Tower, G. & Co.
Boston.
J. & J.
Co'umbus, Chicago & Indiana Central.—On Jan.
22, 1869, it was leased by the Pittsburgh Cin. & St.
Louis, guaranteed by Pennsylvania Railroad. An
stock and interest on bonds.
Concord.—Pays 10 per cent a year;
1875-6, $275,296. (V. 22, p. 565.)
A.
A. & O.
Various
J. & J.
A. & O.
F. & A.
J. & J.
Various
M. & N.
J. & J.
J. & J.
F. & A.
F. & A.
F. & A.
M. <fc S.
Central.—Built mainly by Union Pacific,
bonds, $5,270,593 in all. (V. 21, p.
85; V. 22, p. 61, 567, 614; V. 23, p. 183.)
Columbus & nocking Valley.—Gross earnings,
1815, *877,590; net, $358,376, against $357,077 in 1874.
(See annual report V. 20, p. 476; V. 22, p. 350.)
Bondholders claim that no such
1902
do
do
Wabash, Indiana.
N. Y., U. S. Trust Co.
do
do
do
do
J.
J.
....
F.
A.
J.
J.
Colorado
had been sold with the
do
do
Cleveland, Ohio.
J. & D.
Phila., Co.’s Office.
J. & D. Boston, Treas.’s Office.
which holds the
all its part.
after bonds
Nov.
do
D.
J.
do
do
N.
D. New York or London.
Cleveland Office. .
N.
N. Y., Ward, C. & Co.
A.
S.
& J. N. Y., Union Trust Co.
& J. N. Y., Winslow, L. & Co.
do
do
J.
1*2
200 <fcc.
101,000
89,500
81,800
000,000
500,000
1,400,000
500 &c.
1,350,000
&
&
&
&
&
&
&
&
&
&
Q.-M.
2*2
1,000
1, 1876T
Aug. 1, 1900
do
Sept. 1, 187T
& 8.
& I). N. Y., Union Trust Co. Dec. 1, 1890.
N. Y., U. S. Trust Co.
April 1, 1901/
& O.
j
do
do
J. & J.
N.
M.
3^2
139,500
400,000
400,000
210,000
2,100,000
250,000
1,000,000
3,000,000
990,000
803,500
594,000
1871
1808
1809
1871
350,000
2,175,500
Stocks— Last
Dividend.
Boston, Office.
& N.
& A.
3
0
7
7
7
7
7 g.
3
7
3
7
7
3
6 g.
7
4
0
7
7
0
0
0
100
1858
1,500,000
pal, When Du*.
Payable and by
Whom.
Pay’ble
M.
F.
M.
J.
A.
J.
J.
F.
J.
J.
7
7
M.
7 or 0 g. J.
M.
3*2
7 g. F.
7
M.
7
J.
7 g. J.
7 g.
089,000
13,938,972
10,428.000
451,000
....
$353,940) 1st and 2d mortgage
Cincinnati, Sandusky &
ending June 30,1376, gross
g.
18G4
1805
56
50
44
08
7
38
38
82
52
52
Connecting LPhilct.)—1st mortgage.
Cumberland & Pennsylvania— 1st mortgage.
2d mortgage, sinking fund, (guaranteed)
re-organized.
1808
38
Connecticut Valley—1st mortgage—
Connecticut Western—1st mortgage
Toledo depot (cost
....
100
110
Massawippi st’k, guar, same div. as Conn. & Pass.
do
bonds, guar, by Conn. & Pass
Connecticut Central— 1st mortgage for $400,000...
Danbury <£• Norwalk—Stock
1st, 2d and 3d mortgages
....
....
1807
1870
1872
41
144
$1,500,000)
1st mortgage, sinking
2d mortgage....
3d mortgage
1808
1870
Where
When
3
429,037
771,000
350,000
1,072,300
50
1802
1807
1873
35
Concord <6 Portsmouth—Stock, guaranteed
Connecticut <£• Passumpsic—Stock
1st mortgage
2d mortgage, sinking
Common bonds
1871
45
70
55
Concord—Stock
mortgage (for
Notes, coupon
$4,005,750
50
Value.
3,847,000
Columbus & Xenia—Stock
1st mortgage
New
Rate per
Cent.
do
(Toledo, Logansport <fc
Columbus, Springfield &
1870
18
80
89
70
13
89
587
587
117
208
93
01
102
107
102
72
224
587
Union & Logansp’t (U’n City to Logansp’t)
Tol, Logansp’t & Burl.(Logansp. to Ill line)
Col. & Ind. 1st & 2dpref.(Col. to U’n City)
do
do
Cinn. <fc Chic. Air Line(Richm’d to Logans.)
2d M. Col. & Ind’polis Cent. (Col. to Union City).,
do
Indiana Central (Indianapolis to Ohio line)
Chic, <fe G’t East, construe. (Chic, to Rich’d)
do
Columbus, Chicago &
conv.
do
do
1870
1870
....
do
do
do
1873
....
Columbus, Chicago & Indiana Central—Stock
1st M. Columbus, Chic. & Ind. Central
do
Chic. & G’t East. (Chic, to Logansport)
Col. & Ind’polis Cent. (Col. to Ind’s & br.).
do
Income
....
199
199
199
stock.
Amount
Outstanding
....
1800
1804
1809
1874
....
1st)
1st mortgage, sinking fund bonds
1st mortgage, Logan & Straitsville
2d mortgage bonds
►
07
07
35
145
Columbus Extension
Income mortgage for funding
Cleveland & Pittsburgh—Guaranteed
80
48
81
471
138
20*2
390
390
1800
1852
1807
1871
1872
1871
....
let mortgage, extended
New bonds
Niles & New Lisbon, 1st mortgage.
vurvccanu. mi. vcmon cc uei.—isi mortgage,
or
par
....
—
do
Size
$50
of
first page of
discovered in these Tables*
Bonds—Princi¬
giving immediate notice of any error
great lavor by
DESCRIPTION.
on
stS
BONDS.
July, 1881
Sept., 1887
do
do
do
do
do
do
do
do
1888
Oct.,
earnings 1375-6, $217,780i
(V. 23, p. 500.)
Connecticut \ alley.-In default and surrendered
to State Treasurer as trustee for 2d mortgage bonds,
Connecticut River.—Net
against $257,408, 1874-5.
holders.
(Y. 23, p. 40, 575, 622.)
earnines 1875-6, $190^.598, 614; V. 24, p. 64.)
Connecting.—Leased to Philadelphia & Trenton,,
and operated by Pennsylvania; terms, 6 per cent OB;
$1,278,300 stock, and interest on the bonds.
Cumberland db Pennsylvania.—Owned and oper¬
ated by Consolidation Coal Co., which guarantee*
2d mortgage. Stock $1,500,000. * (V. 22, p. 415.)
Connecticut Western.—Net
229.
(V. 23, p. 547. 576,
Cumberland
Valley.—The stock is owned in large
part by Pennsylvania Railroad Co. Net earnings,,
year ending Sej t. 30, 1875, $260,594. Large
have been mate to branch roads. This company
paid 9 per cent in 1871, 5 in 1872, nothing in
feut resumed in 1874, and declared 5 per cent, in*
October, and s imi-annually since.
advances
18J3*
Danbury & Norwalk.- -Gross earnings, 1874-75,
$1^7,026; expenses, $87,410; interest and taxes*
$42,191; surplus, $37,425.
Danville Hazleton db WUkesbarre.—Leased, March,
1872, to Penni
coupons
flvania Railroad for 83 years. The-
due October, 1874, were
sylvania Railr oad.
p.
336,476,500 .MO.)
Danville V\ ban a,
purchased by Peniv-
In default, April, 1875.
(V. 20^.
B'oomington db PaH*.—This »
part of the Indianapolis Bloomington
now in defaul t.
See I. B. & W.
a
& Western,,
Davenport & St. Paul.—Sold in foreclosure. March.
Re-organized as Davenport & Northwest¬
ern.
(V. 20, p. 61, 818, 593; V.2I, p. 441, 570, 612*
Y.22, p. 87, 281, 305, 516, 590; V. 23, p. 159.)
Dayton db Michigan.—Leased in perpetuity to Cin.
Ham. & Dayton, which pays interest on bonds, and?
guarantees dividends on stock, holding itselt;
2, 1876.
$1,398,100 of the common.
(V. 21, p. 62.)
XViil
RAILROAD STOCKS AND BONDS.
Subscribers will confer
a
great favor by giving Immediate notice of any
DESCRIPTION.
Miles
Date
2?or explanation of column headings, Ac., sec notes
of a
of
at the head of first page of tables.
Road. Bonds
Dayton & Western—1st M., guar. L. M. & C. & X.
Delaware Railroad-Stock
Extension mortgage
Mortgage bonds, convertible,
30
1805
llOig
Bonds (convertible June 1, 1875 to ’77)....
Lackawanna A Bloomsb., 1st mort. (extension).
do
2d mortgage
do
Denver Pacific—1st mortgage, gold, land grant.. .
Denver i& Rio Grande— 1st uiort., gold, sink, fd
Des Moines & Fort Dodge—1st mortgage, coupon
Detroit, Eel River dc 111.—1st mort., coup, or reg
00
25
100
118
88
94
94
104
2d
mortgage
Detroit, Lansing & Lalce Mich.—1st mortgage
1st mortgage, oil branches
2d mortgage, on main road
Ionia & Lansing, 1st mort., coup., may be reg
do
2d mortgage
do
do
23
104
59
59
190
Detroit & Milwaukee—1st mortgage bonds
2d mortgage, April 28, 185G
1st funded coupons, Nov. 15, 1800
2d funded coupons, Nov. 13, 1830
Bonds of June 30, 1800 (conditional)
.
.
.
.
....
....
....
Sterling (Oak, A Otta. RR.) Oct. 1, 1853, gold....
....
Dollar (Oak. A Otta, RR.) bonds, Oct, 1, 1853....
1st mort. (Detroit A Pontiac RR.), April 1, 1851.
3d mortgage (Detroit A Pontiac RR.), Feb. 1854.
2d mortgage, (Detroit A Pontiac RR.), Jan. 1853.
....
....
....
Bonds or Sept. 1, 1800, (Limit $300,000)
Bonds A mortgage on Detroit real estate
Dubuque <t Sioux City—Stock
143
mortgage, 1st division
mortgage, 2d division (for $1,400,000)
Dubuque Southwestern—1st mort., pref., sink, fd
1st mortgage, Oct. 1,1803
Dunkirk, Allegh. Valley <£ Pittsburg—1st mort., gold
Duchess (6 Columbia—1st mortgage
East Tennessee, Virginia & Georgia—Stock
1st mortgage sinking fund bonds
East Tenn. A Georgia ($92,000 are endorsed)
East Tennessee and Virginia (endorsed)
100
43
55
55
90
58
270
242
112
130
....
1st
1st
2d
mortgage to U. S. Government
East Pennsylvania—Stock
1st mortgage
Eastern (Mass.)—Stock
Essex RR. bonds, Sept. 1850
Ten Year Notes due 1885, April
....
1863
1804
1863
1803
1870
1868
e,
m
m
m
1805.
Bonds due 1888, March, 1808 to 1809
do
1889, May 1809
Ten Year Notes
Bonds
.
do
sterling, sinking fund
I
“Funding Notes
Mortgage funding bonds
Eastern Shore, (Md.)—1st mortgage, convertible
■
»
.
39
39
78
78
78
2d mortgage, convertible
Elmira <£• Williamsj)ort—Stock common
Preferred stock
1st mortgage bonds
Income bonds, 999 years to run
Erie Railway—Stock, common
Consolidated mortgage free of State tax
8H-2
Equipment, bonds
....
Leased to Little Miami, and
•with that to Pittsb. Cin. & St. L. About $90,003 of
old ext. mortg. bonds of 1881, are yet out, which
will be retired shortly.
Delaware.—Leased by Philadelphia Wilmington
& Baltimore Railroad for 30 per cent of gross earn
logs. In 1874-5 gross earnings were $510,094, and
net
receipts therefrom, $153,028.
Delaware & Bound Brook.—This is part of the
oiew route
between New Yoik and
£2, p. 209, 257.)
Philadelphia. (V.
Delaware Lackawanna & Western.—'The gauge
oT road narrowed in March, 18'6.
The com¬
pany’s operations consist in large part of coal
mining and transportation, and no annual report
is issued
except the statistics required by the State
<£ Pennsylvania. The Morris & Essex Railroad is
leased and some of its bonds guaranteed. From
the last annual report published in Chronicle (V.
23, p. 13), the following comparison is taken:
Gross
Net
Stock and
Debt.
Earnings.
Earnings.
1875
1874.
...
...
1873
M72...
1871
...,
....
.
....
$6,282,107
5,347,725
$4,4.’9,923
3,244,643
6,248,465
3,309,813
2,709.509
4,746,678
3,35 ■ ,484
1,000
1,000
$32,6 3,185
36.535,237
35,775,769
29,033,545
25,922,768
24,766,850
2,200,000
2,004,000
500,000
3,219,000
575,000
1,359,000
770,000
1,000
1,000
1,000
1,000
1,000
81,000
250 Ac.
500 Ac.
Various
Various
500 Ac.
100 Ac.
500 Ac.
1,000
1,000
1,000
1,000
Various
100
500
500 Ac.
500
1,000
1,000
2,500,000
1,000,000
028,525
377,115
1,702,310
150,800
51,000
1
150,000
250,000
100,000
110,000
103,206
•5,000,000
296,000
580,000
81,500
450,000
3,200,000
2,500,000
1,908,274
3,009,000
•862,400
147,000
190,000
1,309,200
495,900
4,997,600
194,400
100,000
1,000,000
500,000
3,516,000
1,000,000
3,000,000
1,000
2,000,000
......
100 Ac.
100 Ac.
50
50
I860
1803
1862
1805
1803
2,457,000
3,024,500
500 Ac.
50
tH © © ■3 6
100
1847
1849
1853
1857
1858
1801
1803
1805
1870
1874
1873
209,000
1,000
1,000
500
100
100
959
Long Dock Co. mortgage
Sterling bonds, convertible, £1,000,000
Lst consolidated mortgage, gold (for $30,000,000) ^459
2d consolidated mortgage, 5-20, (for $40,000,000)
459
New bonds (debentures) convertible till 1883
Erie <£ Pittsburg—Stock
82 ^
1st mortgage, convertible into consolitl. mort
81^2
-2d mortgage, convertible
81 bj
-
1,000
100 Ac.
100 Ac.
1858
Preferred stock (7 p. c. v’rly, not cumulative)
list mortgage (extended in 1807 to 1897)
2d mortgage, convertible (extended to 1879)
3d mortgas
4th mortgage, convertible
5th mortgage, convertible
Buffalo Branch Bonds
Dayton & Western.
50
i'oo
......
050,000
1,120,000
25,889,000
1,033,000
011,000
370,900
500 &c.
1,000
1,000
1,000
1850
1805
’08-’09
1869
1872
1873
’73-’74
1874
1870
1800
1800
$014,000
1,388,023
100,000
1,000
1870
50-’50
1856
30
30
114
Outstanding
50
....
....
Amount
$1,000
1859
1875
1875
1850
1872
1859
1858
1809
1870
1874
1871
1873
1871
1872
1873
1809
1870
1855
1850
1800
1803
1860
1853
1853
1851
1854
1853
1866
|
or
Par
Value.
....
13
110 ^
27
195
115
P. W. & B
Delaware d- Bound Brook—1st mortgage
Delaware, Lackawanna & Western—Stock
2d mortgage (Delaware, Lackawanna & Western)
guar.
Size,
1,000
1,000
1,000
1,000
500 Ac.
100 Ac.
400,000
200,000
500,000
500,000
1,000,000
570,000
78,000,000
8,530,910
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,000
1,000
3,000,000
£200
4.457,714
12,070,000
14,400,000
10,000,000
1,998,400
1,000
1,000
1,000
50
100 Ac.
100 Ac
1,000
....
....
291,700
92,300
2,193,000
800,000
error
discovered In these Tables.
Bonds—Princi¬
INTEREST OR DIVIDENDS.
'Rato per When Where Payable, and by
Cent.
Whom.
Payable
0 A 7
3
6
pal, When Due
Stocks—Last
Dividend.
A
A
A
A
A
J.
J.
J.
J.
F.
J. N. Y., Am. Exch. N. B’k Jan. 1, 1905
J.
Jan. 1, 1877
Dover, Co.’s Office.
J. Phila.,Girard Nat. Bank Jan. 1, 1880
6
J. Phil., Fid’lity I.T. A.S.Co July 1, 1895
7
A.
1905
Philadelphia.
New York Office.
2%
Q.-J.
July 20, 1870
7
M. A S.
do
do
March 1,1881
7
J. A D.
do
do
June, 1892
7
M. A S.
do
do
March, 1885
7
A. A 0.
do
do
April 15,1880
7 g. M. A N. N. Y., Bk. of Commerce. May 1, 1899
7 g. M. A N. N. Y., Rutton A Bonn.
Nov. 1, 1900
6
J. A J.
New York.
Jan. 1, 1904
8
J. A J. N. Y., Mercantile Bank. Juno 1, 1891
7
M. A N.
do
do
Feb. 1, 1888
8
A. A O.
Boston, Co.’s office.
April 1, 1896
8
J. A D.
do
' do
Dec. 1, 1897
8
F. A A.
do
do
Feb. 1, 1893
8
J. A J.
do
do
July 1, 1889
8
M. A N.
do
do
May 1, 1880
7
M. A N. N.Y.,M.K.Jesup,P.& Co. Nov. 1, 1880
8
M. A N.
do
do
May 15, 1875
7
J. A J.
do
do
May 15, 1875
7
M. A N.
do
do
May, 1875
J. A J.
6 A 7
New York A Detroit.
July 1, 1886
6 g. M. A N.
New York A London.
Nov. 15, 1873
7
M. A N. N.Y.,M.K. Jesup,P. A Co. Nov. 15, 1873
7
A. A O.
do
do
April 1, 1878
F. A A.
8
do
do
Feb. 15,1886
7
•L A J.
do
do
Jan. 1, 1878
M. A S.
7
do
do
Sept., 1 1886
10
Various
Detroit office.
Various.
3
A. A O. N.Y.,M.K. Jesup,P. A Co. Oct. 15, 1876
7
J. A J.
do
do
1883
7
J. A J.
do
do
1894
7
J. A J. N.Y.,M.K. Jesup.P.A Co.
July, 1883
7
A. A O.
do
do
Oct., 1883
7 g. J. A D. ,N.Y., N.Y. Cent. A Hud.
June, 1900
7
J. A J. N. Y., Brown Bros. A Co. Jan. 1, 1908
3
A. A O. N. Y.,R. T. Wilson A Co. April 1, 1876
7
J. A J. N. Y., Gallatin Nat’lB’k July 1, 1900
J. A J. N. Y., R. T. Wilson A Co.
6
1880 to 1886
6
M. A N.
do
do
May 1, 1886
4
3
J. A J. Phila., by P. A R. RR.
July 18, 1876
7
M. A S.
Mar. 1, 1888
Phila., P. A R. office.
3
J. A J.
Boston, Co.’s Office.
July 15, 1873
6
J. A J.
do
do
Sept., 1876
0
A. A O.
do
do
April, 1885
0
M. A S.
do
do
Mar., 1888
6
M. A N.
do
do
May, 1889
7
M. A S.
do
do
1882
7
do
do
1892
6 g. M. A S.
Mar. 1, 1893
London, Baring Bros.
7
M. A N.
New York Agency.
Nov. 1, 1884
7 g. M. A S.
1906
6
J. A J. Phila., Girard Nat. B’k. Jan. 1, 1880
A. A O.
6
do
do
Apl. 1, 1886
M. A N. Phila., Penn. R. R. Co.
2*2
Nov., 1876
J. A J.
do
do
3*2
Jan., 1877
7
J. A J. Phila., Penn. Trust Co. Jan. 1, 1880
5
A. A O. Phila., Penn. R. K. Co.
Oa® 1, 2802
1
N. Y., Co.’s office.
OcL 1, 1873
J. A J.
do
do
3^
Oct, 1, 1873
M. A N.
do
7
do
May 1, 1897
M. A 8.
do
7
do
Sept. 1, 1879
7
M. A S.
do
do
Mar. 1, 1883
7
A. A O.
do
do
Oct, 1, 1880
J. A D.
do
7
do
Juno 1, 1888
7
J. A J.
do
do
i July 1, 1891
J. A D.
do
7
do
Jan., 1893
o g. M. A S.
London.
Sept. 1, 1875
7 g. M. A S. New York and London. Sept, 1, 1920
7 g. J. A D.
London.
Mar. 2, 1894
7 g.
do
Jan. 1, 1903
Q.-J.
134
Q.-M. N. Y., Union Trust Co. Dec, 10,1870
J. A J.
do
7
do
July 1, 1882
A. A O.
7
do
do
April 1, 1890
7
do
do
I J. A J.
July 1, 1898
7
I A. A 0.
do
doOct. 1, 1890
-
Detroit Eel River
Illinois.- -To be sold in foreclosure. (V. 22, p. 305.)
Detroit Lansing
[January 27, 1877.
& Lake Michigan.—The report
fur 1875 is given briefly in the Chronicle, Vol.
22, on p. 399* showing gross earnings of $739,704,
Coupons on 1st mort. paid half in cash
pref. stock; coupons of I. & L. bonds
paid in cash. Sold in foreclosure December 14, 1876.
(V. 22, p. 446; V. 23, p. 599.)
net, $210,896.
and half in
Detroit & H>hoaukee.—Ti\\$ road was operated by
the
Great
Western of Canada, but defaulted
in 1873, and was to he sold in January, 1877.
Of the bonds of June, 1866, $1,238,000 are in the
hands of the Merchant s1 Bank of Canada, redeem¬
able f ICO,000
peryear. The Detroit & Pontiac inter¬
est has been paid in whole or in parr, and it is not
proposed to fund coupons on those or Oakl. & O.
bonds. (V. 21, p. 186; V. *2, p. 110, S09, 281, 399;
V. 23, p. 86; V. 24, p. 39.)
Dubuque & Sioux City.—Leased to Illinois Cen¬
tral, in 1867, for 20 years, at 35 per cent of gross earn¬
ings first ten years, and 36 afterwards. In 1875 gross
earnings were $1,194,268.
Lvbuque Southwestern— Farley to Cedar Rapids,
la.—Gross earnings, 1874, $117,107—$5,8.0 below
....
-
....
Eastern
(Mass.).— Company embarrassed 1875.
request of bondholders, a general mortgage
was
authorized by Massachusetts Legislature to
fund the
old issues of debt.
Annual
report,
V. 21. p. 569; V. 22, p. 15 8. Funding proposal V.
21, p. 612. (V. 2', p. 323, 347. 515, 569. 612; V. 22,
42. 61, 87, 135. 158, 521, 590; V. 23, p. 15, 63, 86, 134,
159,427,621.)
At
Eastern Shore.— Formerly leased, but now oper¬
ated on own account since'December. 1869. Coup¬
ons for $216,000 overdue.
(V. 22. p. 297.)
ELmra & Williamsix>rt.—Leased in 1873 to North¬
Central for 999 years. Rent amounts to $165,000
per year,
ern
Erie— Mr. H. J. Jewett, the president, was ap¬
pointed receiver May 26. Negotiations for settlement
with bondholders pending, and assessments on
stock arc payable till March 1, 1877, but after that
10 per cent is added.
Interest on the first five
mortgages is paid. Foreclosure suits were com¬
menced under the fifth and consolidated mortgages,
but overdue interest on fifth mortgage was paid.
The following comparison for four years is from the
company’s report to New York State Engineer for
the years
ending Sept. 30
:
1,549,723
1,240,513
-*V. 22, p. 232; V. 23. p. 303.)
Denver FaHtic.—Operated in close connection with
TCansas Pacific. Land grant, 1,100,000 acres.
In
1874 g»-oss earnings were $310,911; net earnings,
$172,049; total income was $242,287, and interest
dation, Dec. 1, 1872. Stock, $2,300,000. Road leased
and bonds mostly held by New York Central &
6,494,358. (V. 20,
569.)
fayments, $186,662. Cost of road and equipment,
(V. 20, p. 15; V. 22,
Denver & Rio Grande.—
Narrow-guage road (three
Teeth The whole line as projected is 875 miles.
Divides competitive earnings with Kansas Pacific
and Atch. Top. & S. F. (V. 23, p. 329, 450.)
ings
$15,852,461
$3,621,260
16,876,858
4.197,728
1873-4....... 18,598,899
5,035,161
1872-3....... 20,0!2,6f'7
6.371,965
1871-2
18,371,888
5,777,381
2,989,445
(V. 22, p. 41, 42, 158, 233. 281, 305, 875, 423, 447. 487,
521, 545, 590; V. 23, p. 15. 65. 104, 134, 183, 207, 233,
353,450.478, 499,615, 621,646; V. 24, d. 16, 29.)
V. 23, p. 492.
Pennsylvania.—Leased to Philadelphia &
Reading at 7 per cent on stock and bonds. Divi¬
dends are 6 per cent per annum.
Erie (ft Pittsburg.—Leased in perpetuity to the
Pennsylvania Railroad and transferred to Penn. Co.;
the terms guarantee 7 per cent per annum on stock
and debt. Net earnings, 1875, $226,787.
V. 20, p.
425.)
$870...
....
.
4,106,222
p.
Des Moines <ft Fort Dodge— This is part of the
Valley, reorganized after foreclosure,
uloupoa of Jan., 1877, are funded. (V. 21, p. 488.)
Des Moines
1873.
Dunkirk Allegh.
*
Valley & Pittsburg.—A consoli¬
Hudson.
Duchess & Columbia.—Sold, in foreclosure, Aug.
10, 1876, for $2!)7,500, to first mortgage bondholders.
p.
321; V. 23, p. 159,183,256,450.
East Tennessee Virginia dc Georgia.—Gross earn¬
year ending June 30, 1876. were $1,058,951; ex¬
penses, $715,394, and net earnings, $343,559. Annual
report,
East
Gross
Earnings.
Net
•
Earnings.
1875-6
1874-5
Interest,
Rentals. &c.
$5,538,194
6,351,781
5,021,025
3,425,280
.
Subscribers will confer a great favor
mort. (2d mort. Bangor to Winn.).
Bangor A Piscataquis, Bangor
1st mortg...
1st mortgage, sterling, on N. Brunswick road
Fvansv. <& Crawfordsv.—1st in., Ev. A Ill., s. f
1st mort., sinking fund (Evansville to Terre II,)..
Land grant 1st
Rockville extension
Fvanville, Terre Haute d Chic— 1st mort., gold
2d mortgage, gold
Fitchburg—Stock
Bonds, coupons ($4,000,000 authorized)
Flint <£ Pcre Marquette—Stock
Consolidated mortgage, sinking
fund
1st m. on 20m., 2d on 40; 1. gr. 153,000 ac.,
1st mort., land grant 358,000 acres, 3d div
Flint & Holly RR. (sink’g fund
$25,000
56
58
49
88
5k
109
23
50
50
94
....
2d d.
per year).
Bay City, E. Saginaw, 1st mort., guar by lessees.
Bay County, issued in aid, guar by lessees
Construction bonds
Framingham <£ Lowell—1st mortgage bonds
Galveston, Harrisb.d: San Antonio—1st rnort, gold...
Galveston, Houston <£ Hend. of 1871— 1st mort
Geneva, Ithaca <t Athens— 1st mort., s. f., gold
Georgia Railroad & Banking Co.—Stock........
,
Bonds, not mortgage
Gilman, Clinton <£• Springfield—1st mort., gold
2d mortgage, gold-.
Grand Rapids <£• Indiana—Stock
1st mort., land grant, gold (guar, by Pa. RR;
1st mort., land grant, gold, not guaranteed
Income mortgage bonds, for $10,000,000
Grand Trunk
....
....
....
10
100
100
109
109
20
82
50
35
232
....
110
110
335
335
335
335
500 Ac.
1,000
1,000
.
.
500 Ac.
500 Ac.
500
....
1,000
500 Ac.
1,000
500 Ac.
500 Ac.
100 Ac.
1,000
1,000
1,000
....
1,000
1,000
100 Ac.
100
..
..
1870
1872
1,000
....
1809
1809
1875
....
1,000
1,000
£25
£100
(act of 1874)
....
....
1873
1875
...
....
2d
do
do
Postal bonds, Ac., secured by gov’t business
1st pref. bonds, conv. into 1st pref. stock
2d
3d
do
conv.
....
.
do
2d
do
e
cent, convertible into common...
do
do
do
New bonds, coupon
Greenville <£• Columbia—1st
m
.
....
....
a
B
.
.
a
.
....
*
.
.
Mortgage bonds, coupon
do
.
....
Great Western {Canada)—Common stock
Preferred 5 per
Debentures
mort.,guar.by State
Bonds unguaranteed
New mortgage (for $2,500,000).
Preferred stock (7 p. c. yearly,
Missouri State loan
.
..
not cumulative)...
grant mortgage
Bonds 1870, convertible
1st mortgage (Quincy & Palmyra
495
350
350
350
350
350
1st mortgage
Harlf., Prov. <6Fishkillr-1st
1st mort. (Conn.)
mort. (R. I.)
Housatonic—Stock
Preferred stock
2d mortgage
Bonds of 1869
Bonds of 1873
.
.
.
.
iioo
.
£100
£100
£100
....
Various
....
8
7
8
10
10
10
8
8
7
7
7
7
7
8
8
7
8
7
6
7
7
3
7
7
8
100,000
75,000
280,480
1,000,000
800,000
400,000
1,000.000
200,000
300,000
1,500,000
500,000
1,800,000
500,000
500,000
1,700,000
1,493,000
600,000
4,200,000
544,500
2,000,000
1,000,000
2,800,000
4,000,000
(1)
£3,480,787
7,500,000
1,060,000
3,111,500
15
53
54
54
..
g.
.
g.
g.
.
paid on 1st mortgage and Bangor & P. (V. 20,
615; V. 21, p. 15, 277, 315, 348. 395, 418; Y. 21, p.
374; V. 23, p. 63, 256,329, 353, 547.)
jEvansville & Crawfordsville —Common stock is
.
.
May, 1£02
Jan.
1, 188^
Sept.
May
July
Sept.
1,
1,
1,
1,
Jan.
Jan.
1, 187<\
1, 1901
1888
1888
1885*
1887
May 1, 1889
1902;
May 1, 1909;
July 1, 1900
July 1, 1889
Oct., 1881
Oct., 1889April, 1896
Mar. 1,
1891
1910
.
Bost. A London.
A.
J.
J.
J.
do
do
J.
S. New York and London.
A J.
July 1, 1902?
July 1, 1890;;
Jan. 15, 1877
yearly to 1890
Sept., 1900
Jan., 1892
*18997*
1899-
do
do
A. A 0.
....
....
....
A
A
A
A
A
A
A
A
A
A
A
A
A
J.
J.
A.
A.
J.
5*2
5*2
02,000
1,000.000
1,413,071
0
7
O.
J.
A.
J.
J:
J.
London A Montreal,
O.
do
do
O.
J. 1
J.
O.
O.
D.
Columbia, Co.’s Office.
....
•
•
-
1,574,000
820,000
1,180,000
A J. 1
A O.
A S.
A A.
•J.
A
....
1874, $255,375. (V. 22, p. 375 )
Geneva, Ithaca & Athens. —Consolidation
of Geneva & Ithaca and Ithaca & Athens.
Sept. 2, 1876. (See V. 23, p. 256, 304, 451.)
in 1874
Sold
.
fuaranteed bonds, which have from time to time
do
do
do
do
do
do
do
do
1
(
Phila., Co.’s Office,
do
do
do
Mar., 1885
Jan., 1892
Jan., 1888
Jan. 1, 1877
July 1, 1883
Jan. 1, 1871;
Jan. 1, 1870
Bridgeport & Boston.
Jan.
do
do
id, i877
1885
1889
F. A A. 1
|
i870
April 1, 188L
....
0*
1908-
1884-1887
do
A J.
J.
o
150,000
J.
J. A J.
J. A J.
J. A J. I
....
7
6
1,
Aug.,
....
J.
A.
M.
F.
6
7
7
700,000
481,000
Oct., 1878
Dec., 1890
1881 to 1886
....
3*2
1,182,550
April, 1874
April, 1874
Perpetual.
July, 1876
Oct., 1877
Jan.
A J.
J.
•
7
6
7
8
3
10
159,000
Irredeemable*
IrredeemableIrredeemable-
....
7 g.
1,386,000
April, 1877
Jan., 1920
Perpetual.
do
do
032,237
*1,044,400; preferred, $100,000. Net earnings 1875-6,
Georgia Railroad ft Banking Company —The an¬
$159,162. The company has paid interest regularly, nual report for the last fiscal year, ending April 1,
but no dividends.
(V. 21, p. 488; V. 23, p. 499.)
1876, was published in V. 22, p. 469. A com¬
Evansville, Terre Haute & Chicago.—In 1874-5 net parative statement for three years was as follows:
1874-5.
1875-6.
1873-4.
earnings were $114,089. (V. 21, p. 136.)
Tot. gr. earng’s... $1,571,785 $1,281,907 $1,194,324
Fitchburg.—Leases Vermont & Massachusetts.
826,097
887,456
611,677
Net income, 1875-6, $529,616; dividends, 8 per cent Operat’g expenses.
Net earnings
684,334
455,809
552,646
for some years. (V. 21, p. 39, 590; V. 23, p. 548.)
Flint & Pere Marquette.—Gross earnings 1875, In May, 1875, this company, with the Central Georgia,
$1,055,053; net earnings, $358,498. The lands are in purchased at foreclosure sale the Western Railroad
five trust; sales in 1875, 7,430 acres, for $84,633; of Alabama. (V. 19, p. 247; V. 21, p. 395.)
total to Jan. 1, 1876 262,999 acres, for $2,143,961;
Gilman, Clinton ft- Springfield.—This company
lands yet unsold, 248,502 acres. Coupors on consol, defaulted in-* 1874, and was sold June 8. 1876. (V.
bonds picsed Nov., 1875, and part were funded. (V. 21. p. 39, 63, 110; V. 22, p. 375, 614; V. 23, p. 86,
20, p. 498, 593; V. 21, p. 488, 531; Y. 2?, p. 568; 428.)
V. 23, p. 159.)
Grand Rapids & Indiana.—An official description
Flushing, Northshore & Central.—A. consolidation of bonds was given when they were put on
in 1874 of seven companies. Operates Southern of L.
the call of
the New York York Stock Ex¬
I. There are, in addition to above, *25,000 N. Y. change, in January, 1875, as follows: $4,000,000
& Flushing RR. 7s; $149,000 North Shore 7s; and are “ Guaranteed Bonds.” Principal and interest
$93,000 Whitcstone & Westchester 7s. (V. 20, p. guaranteed by the Pennsylvania Railroad Com¬
382)
pany, and are also a lien upon the land grant.
$3,020,000 are “ Unguaranteed
Fonda, Johnstown & Gloversville.— Net earnings No. 1 to 4.0 0.
Bonds.”
secured by
the same
which
are
1872-3, $45,957.
^
Fort Wayne, Jackson & Saginaw —Traffic guaran¬ mortgage as the guaranteed bonds on the en¬
tire land grant. $980,000 are “Ex. Land Grant
tee 40 per cent from Michigan Central. Interest was
passed January, 1874. Gross earnings, 1874, $282,882; Bonds,” being a part of the orignal $4,000,000 unaet, $127,309. (V. 19, p. 365; V. 20, p. 591; V. 22,
een redeemed by the operations of the sinking
p. 352.)
Fort Wayne, Muncie <& Cincinnati.— Receiver fund. When the land certificate is detached they
are no longer
lien on
the terms of
ippointed November, 1874. (V. 20, p. 186; V. 23, p. the trust deed,a remain the land, but, by on the whole
a fl st mortgage
Framingham & Lowell. —Leased to Boston, Clin- line and appurtenances. No. 4,001 to 8,000. Cou¬
pons April and October. Annual report, V. 21, p,
,on & Fitchburg; has also $150,000 8 per cent bonds.
510. (V. 21, p. 110, 534.)
V. 16, p. 188.)
B’k
A
A
A
A
A
A
A.
A.
Galveston, Harrisburg & San Antonio.—Net earn
North American. — Defaulted in
1875. A very complete statement of debt, includ¬ ings 1874-5, $310,374. (V. 22, p. 375; V. 23, p.428)
Galveston, Houston & Henderson.—Net earnings
ing bond* pledged for loans, in Y. 21, p. 315. Inter¬
p
April 1, 1894
....
,
European &
est is
Jan!' 1,’ 1877
J. A J.
5
0
100,000
100,000
....
N.Y., Mercli’nts’Ex.B’k
A J. Newark, N. J., Sav. Ins
New York,
A S.
do
A J.
A J. N. Y., Mecli., Nat. Bank
A N. N.Y., Chatham Nat. Bk
do
do
A N.
do
do
A S.
do
do
A N.
A J.
A J.
do
do
A O.
A O.
Boston, Office,
do
A 0.
F.
J.
J.
J.
J.
M.
J.
g.
g.
g.
1 *4
2*2
500,000
1,200,000
186*9
Jan. 1, 18801
Mar. 1, 1899*
April 1, 189SL
July 1, 1897
Jan. 1, 1887:
Nov. 1, 1887
Aug. 1, 1880
May 1. 1900
....
4,000,000
100
Boston.
J.
New York.
.S
O. Boston, Second N. Bank
London.
J.
J. N.Y.,Farm,L’an A T.Co
do
do
N.
do
do
A.
N. N.Y.,Farm.L’an & T.Co
do
do
J.
J.
.Boston Office,
do
0.
A N.
A.
J.
Various. F.
J.
5 g
J.
5 g
4 g. J.
3,000,000
ioo
,
A J. N. Y., Meehan. Nat.
do
do
A S.
do
do
A N.
0 g
6 g.
5,087,224
1853
1873
M.
J.
M.
M.
J.
M.
J.
J.
M.
M.
M.
M.
J.
J.
A.
A.
A.
....
9,167,700
50
Whom.
,
....
485,000
1,000
Stocks—Last
Dividend.
Payable, and by
....
1,200,000
3,218,149
2,327,808
7,160,910
£4,459,309
288,883
1,998,275
127,000
100
500 Ac.
26*g 1853
95*2 1850-2
120
120
74
J. A
M. A
A. A
J. A
J. A
M. A
F. A
M. A
J. A
J. A
A. A
....
1867
pul, When Dee*
Where
Payable
7 g.
7 g.
4,000,000
io’o
1853-7
1863
1870
When
....
1870
09
275
275
Land
RR)
1st mortgage (Kansas City A Cam. RR.)....
Harrisb., Portsm’th, Mt. Joy Lane.—Stock
£20*2
£100
_
145
143
143
— - -
Gulf, Western Texas <£- Pacific—1st mortgage
Hannibal <£• St. Josephs—Common stock
7
500,000
500,000
Equipment mort., 1st on all rolling stock
do
7 g.
7 g.
3
3,298,200
2,924,000
33,000
2,145,000
400,500
1,000
1,000
.
7
500,000
100
....
.
301,000
010,000
145,500
775,000
100
....
B
2,000,000
1,000
1871
1869
1870
1872
1873
1870
1869
1871
1809
1871
1871
1873
1872
1870
6
0 g.
0 A 7
o g.
7
7
2,000,000
814,000
325,000
4,000,000
....
1,377
(Canada)—Consolidated stock
New stock for £10,000,000
Debenture stock for £8,000,000
Canadian debentures
1,000
1,000
....
Holly, Wayne & Monroe, 1st mort., sinking fund.
Flushing, Northshore & Cent.—1st mort. (FI. AN. S.).
2d mortgage (FI. & N. S.)
Central of L. I., 1st mortgage
2d mort. and equipment bonds, coupon........
Fort Wayne, Muncie <£ Cincinnati—1st mort.,gold...
2d mortgage
500 Ac.
£200
1872
1800
1808
1808
1807
65
58
$1,000,000
.
1874
Rato pei
Cent.
Outstanding
$1,000
1873
....
Amount
Value.
1809
1809
1809
1807
1852
1854
1800
1870
233
233
00
190
17
13
....
da
do
Extension 1st mortgage
Fonda, Johnstotcn & Gloversville—1st mortgage
Fort Wayne, Jackson <& Saginaw—1st mort., coup...
or
Par
.
tables.
Size,
Tables*
Bonds—Prfncf^
INTEREST
Miles
Date
of
of
Routt Bonds
column neuuings, <kc., S'
at the head of first page or
by giving Immediate notice ot any error discovered In these
1
DESCRIPTION.
liiuuuuu ui
six
RAILROAD STOCKS AND BONDS.
loan*
January 27, 1877.]
1883>
...
j
-
Grand Trunk
(Canada).—These figures represent
pounds sterling. Gross earnings in half year ending;
.July 1,1876, £936,359; expenses, £733,918; net earn¬
ings, £202,411. (V. 21, p. 440; V. 22, p. 445; V>23, p. 134, 159, 477, 548.)
Great Western (Canada) — These figures are give*
in pounds sterling. Company operates several road©
in Canada, amounting to 156>£ miles, and the D«L
& Milwaukee, 189 miles. For the half year ending
July 31, 1876, the gross receipts were £394,7Cft£.
working expenses, £290,647; net earnings,
Report in V. 23, p. 426. (V. 22, p. 446;
134, 159, 379, 426.)
£104.1^*
V. 23,
Greenville & Columbia.—This compinf (fcfmlted
several years since, but compromised with >*4
holders.
(See Chronicle, V. 16, p. 220; V. 17, p.
bond¬
460, 752; V. 20, p. 568;
V. 22, p. 110.)
Gulf, Western Texas & Pacific.—Net earnings,
1874-5, $50,000. Overdue coupons, $212,550. (Y. 20„
p. 428; V. 23, p. 256, 353.)
Hannibal & St. Joseph.—Of the Missouri State loan*
$1,500,000 was extended for 20 years. It is stated
that the company has nearly $3,000,000 in land notes,
and about 100,000 acres yet unsold. A change in the
directors took place Nov., 1875. No report has been
issued since 1872. (V. 21, p. 442, 488; V. 22, p. 158>
328; V. 23, p. 112. 478; Y. 24, p. 40.)
Harrisburg Portsmouth Mount Joy
Leased to Pennsylvania Railroad,
majority of the stock.
Hartford, Pi'ovidence ft
ft Lancaster.—
which owns a>
FvdikUl.—'Vixxs road form*
part of the proposed line of the Boston, Hartford)
& Erie.
The bonds fell due Jan.. 1876, but city cf
Providence declined payment and suit is pending.
(V. 22, p. 87, 304.)
a
Housatonic— Lease * Berkshire Railroad, Stock*
bridge & Pittsfield, and West Stockbridge. Groe»
earnings in 1874-5 were $6^2,009; net, $222,173. Thw.
mort. bond;5 due 1877 paid off Nov., ’75.
(Y. 22, p*
232.)
BAILROAD STOCKS AND BONDS,
XX
Subscribers will confer
a
great favor by giving Immediate notice of any error discovered In tbese
Tables*
DESCRIPTION.
Miles" Date
For explanation of column headings, Ac., see notes
of
of
at the head of first page or tables.
Road. ^Bonds
Houston d Texas Cent.—1st M., (main) gold, l.gr. ,s.f.
1st mort., West div. (Hempstead to
Austin)
1st M., gold.Waco A N’west (Bremond to Waco)
Consol, mort., 1. gr. (coupon, but may be reg’d)...
Huntingdon d Broad Top— 1st mort., gold
343
118
47
461
58
58
58
.
—
2d mortgage, gold
3d mortgage .consolidated
Scrip for past due coupons
ZUinols Central—Stock.?
707
Redemption, 1st and 2d series
General mortgage, sterling
Sterling bonds, (sinking fund $100,000 yearly)...
.
m
m
m
»
Mortfirnc-e. sterliner
Zndianapolis, Bloomington d West— 1st mort., gold.
2d
202
202
217
mortgage
Ind., Bloom., A W., Extension, 1st mort., gold
Jndian’polis Dec. d Spr— 1st M., gld (for $1,800,000)
2d mort., (income bonds only till July, 1881)
85
,
Zndiananolis. Cincinnati
...
& Lafauette—Stock..
Preferred stock (issued for funded debt bonds)...
Indianapolis A Cincinnati of 1858
Indianapolis, Cincinnati A Lafayette
do
do
do
151
179
20
20
71
71
Equipment bonds
Indianapolis d Vincennes—
il7
1st mortgage, guar
mortgage, guaranteed
international d Great Northern—Consol, stock.
International, 1st mortgage, gold
2d
117
459
204
255
mortgage, gold
Jacksonv., Pens.dMob.—Florida State bonds, gold...
Jefferson (Pa.)—1st & 2d rnorts. (Hawley Branch)..
1st mortgage (Susquehanna to
Carbondale)..
Jeffersonville, Madison d Indianapolis—Stock
Indianapolis & Madison, 1st mortgage
A Ind., 1st mortgage
2d mortgage
\Jersey City d Albany—1st mortgage, gold
Ridgefield Park, (N. J.,) 1st mortgage
Joliet d Northern Indiana—1st mortgage
Junction, Philadelphia—1st mortgage
2d
Three
vear
a
do
convertible
Mo. Valley, 1st M. ($1,000,000 of it is
gold)
•Kansas City, St. Jo. A C. Bl., consol, mort..
^New consolidated mortgage (for $8,000,000)
notes
X
do
1854
1857
1865
1,000
1851
100
1864
1875
1874
1875
1869
£200
£200
£200
1870
1872
1876
1876
1858
1867
1869
1873
1873
1862
1867
1869
1870
1871
1,000
1,000
1,000
1,000
1,000
50
100
500 Ac.
1,000
1,000
150 &c.
500 Ac,
1,000
1,000
500 Ac.
41
1,000
1874
1,000
1869
100
500 Ac.
1870
1867
1869
1862
1866
1870
1873
1,000
1,000
100
500 Ac.
1,000
1,000
1,000
1,000
1,000
100
1866
1867
1869
1868
1870
1873
1871-2
1,000
1,000
500 Ac.
1,000
1,000
1869
1,000
1865
1,000
1866
1,000
1865-7
1866
1,000
427
1866
100 Ac.
1870
250 Ac.
1871
1,000
56^2 1873
1,000
3312 1873
1,000
34
1869
500 Ac.
99
1853
1,000
99
1855
1,000
162
1874
lOOAc.
1874
100 Ac.
do
Arkansas Valley, 1st mortgage, gold, guaranteed
June. C. A Fort K., 1st mort., gold, land
gr., guai
Kent County, (Md.)—1st mortgage bonds
Kentucky Central—2d mortgage
3d mortgage
.Keokuk d Des Moines— 1st mortgage
Funded interest bonds
Knox d Lincoln— 1 at mort^afire
Lafayette Bloomington d Miss.—1st mortgage
82
net
1871
Outstanding
Rate per
When
Cent.
Pay’ble
$6,227,000
2,305,000
7g.
7
7
8
7
7
7
6 A
2
6
6
5
5
7
8
7
7
7
940,000
2,864,000
416,000
367,500
1,383,000
100,707
29,006’,666
2,500,000
2,500,000
4,642,000
1,000,000
5,000,000
1,500,000
5,500,000
38,000
2,667.0(H)
1,000
g.
g.
g.
g.
miles to
,
A
A
A
A
A
A
A
7
gg.
g.
g.
g.
g.
F.
A.
A.
A.
J.
A
A
A
A
A
A. A
J. A
J. A
A. A
J. A
Stocks— Last
Dividend.
J. N. Y., Nat’l. City Bank.
J.
do
do
J.
do
do
O.
do
do
O.
Philadelphia, Office.
A.
do
do
O.
do
do
do
do
A.
N. Y., Co.’s Office.
O.
N. Y., Co.’s Office.
O.
London.
O. London,Morton R.A Co.
D.
do
do
O.
New York.
J.
do
J.
do
O. Newr York, Co.’s Office.
J.
do
do
July 1, 1891
July 1, 1891
July 1, 1903
Oct. 1, 1912
Oct, 1, 1890
Feb. 1, 1895
April 1, 1895
Feb.
1, 1877
April 1, 1890
April 1, 1895
April 1, 1903
Dec, 1, 1905
Oct., 1909
Oct., 1890
1912
Jan.
1, 1906
July 1, 1906
1,419,400
1,600,000
2,81)0,000
1,767,000
446,300
353,000
500,000
1,497,000
2,000,000
1,000,000
500,000
1,700,000
1,450,000
5,500,000
3,264,000
4,084,000
3,116,000
1,843,000
4,625,000
2,960,000
660,000
4,000,000
300,000
2,000,000
1,994,500
397,000
2,439,000
2,000,000
-
300,000
800,000
500,000
300,000
2,789,413
500,000
1,400,000
539,500
2,500,000
887,000
948,000
7
7
7
7
10
7
7
7
7
8
7
6
A.
F.
J.
M.
M.
J.
J.
A O.
A A.
A D.
A S.
A S.
A D.
A J.
Various
A. A O.
J. A J.
F. A A.
M. A N.
N. Y., Amer. Ex. Bank.
do
do
do
do
do
do
do
do
do
do
Now York and Boston.
N. Y., Winslow, L. A Co.
do
do
do
do
N. Y., Farm. L. A T. Co.
do
do
_
7 g.
7 g.
8
8
1
7
7 g8
7
7
A.
J.
F.
F.
A
A
A
A
O. N. Y., National City
J.
do
do
A.
do
do
A.
do '
do
Jan.’82/87,’92
July 1, 1919
Oct, 1, 1900
July 1, 1881
1908
1900
B’k April 1, 1911
Jan. 1, 1900
Aug. 1, 1892
Feb., 1904
1, 1876
April 1, 1899
Q.—M.
Deo.
a" a o. N. Y., Nat. Park Bank.
M.
J.
J.
J.
A
A
A
A
N.
7
7
7
7 g.
7
8
6
6
M.
A.
J.
J.
M.
J.
J.
A.
A
A
A
A
A
A
A
A
N.
do
do
O.
do
do
J.
do
do
J.
N.
New York.
J. N. Y., Farm. L. A T. Co.
J.
Philadelphia Office.
O.
do
do
7
10
8
7 A 7 g.
8
8
10
J.
M.
J.
F.
M.
1\
g
•
J.
New York.
J. Honesdale Nat. Bank.
J. N. Y., by Erie Railroad.
Q.-F. N. Y., Farm. L. A T. Co.
A J. New York and
A S.
do
A D.
do
A A. N. Y., Farm. L.
A S.
do
F. A A.
Boston.
10
000,000
6,404,000
2,240,000
4,063,000
6,303,000
600,000
4,275,350
1,706,250
1,500,000
1,125,000
600,000
400,000
844,000
237,000
2,300,000
258,720
2,395,000
1,300,000
April, 1888
Feb., 1897
June, 1899
Sept. ’78,’80,’83
Sept. 1, 1883
Dec., 1892
,
7 g.
6
6
6
7
7
7
7
7
7
6
7
7
7
g.
g.
Boston.
8
7 ©•
4
g
F. A A.
g.
g.
g-
A
A
A
A
A
A
A
A
A
A
1900
1887 A 1889
Jan. 1, 1889
Nov. 1, 1876
May 1, 1881
Oct. 1, 1906
July 1, 1910
1913
May 1, 1912
July 1, 1874
July 1, 1882
April 1, 1900
Jan.
1, 1880
Sept. 1, 1892
June 1, 1874
A T. Co. Aug. 1, 1893
do
Sept. 1, 1890
Feb. 1, 1898
Oct. to J’ne, 74-5
M. A N. N. Y., Lond. A Frankf’t.
F. A A. N. Y., Bk of Commerce.
J. A D.
do
do
M.
J.
M.
A.
A.
J.
M.
J.
A.
A.
g.
May, 1901
do
do
Payable *2 by transportation.
M. A N. N. Y., Bk of Commerce.
S. i
do
do
J. N. Y., Lond. A Frankf’t,
S.
New York.
O. New York A Frankfort.
O.
New York.
J. Pkila., Corn Exoh. Bank
8. N. Y., Bank of America.
D.
do
do
O.
New York Office.
0.
do
do
May 1, 1899
Aug. 1, 1895
June 1, 1896
1895 to’97
Jan. 1, 1896
July 1, 1916
July 1, 1880
Sept., 1886
April 1, 1903
April 1, 1903
Jan. 1, 1889
March, 1883
June, 1885
1904
1884
'
earnings only, if sufficient. The remaining 67
Indianapolis is in progress.
'Charge, $950,000. Capital paid in, $8,000,000. (V.
Indianapolis & St. Louis.—'The stock, $609,000, is
22^ p. 328; V. 23, p. 158; V. 24, p. 04.)
owned by Pennsylvania Co. and C. C. C. & I. This
Huntingdon & Broad Top. - Capital stock is $1,company forms
^998,250. Gross earnings in 1875 were $322,829; net, leases the St. part of the Pennsylvania system, and
Louis, Alton & Terre Haute. (V. 21,
$165,480. Interest passed on 3d mortgage bonds.
p. 393.)
c(V. 22, p. 206.)
Indianapolis & Vincennes.—Is controlled by Penn.
Illinois Central.—A general mortgage provides for Co
through stock ownership, and interest is guar¬
-all the bonds now
outstanding. It is limited to anteed by Penn. Railroad. Net earnings in 1375
$15,000,000. The Company holds among its assets, were $32,708. (V.
20, p. 426.)
$4,842,000 seven per cent bonds of the N. O. St.
International & Great Northern (Texas).—'This is a
•Louis &
Chicago bear a These Bonds are part of consolidation of the International and the Houston
RR.
,000,000 which
purchasing agreement of
200,000 per year, but are not guaranteed by the Ill. Great Northern. Interest passed and funding pro¬
lent. Annual dividends for three
gressing.
The company had an issue of Texas
years past have bonds
<been 8 per cent, and
granted it, but the grant was repealed and
previously 10 per cent. The land given instead.
(V. 20, p. 186, 291, 313, 383; an¬
^following is a comjMirison for four years:
nual report, Y. 22, p.
Gross
398; V. 23, p. 403.)
Net
Interest,
Year.
Iowa Falls A Sioux City.—Leased to Illinois Cen¬
Earnings.
Earnings.
Ac.
1875
$7,802,556
$2 670,081
$661,093 tral at 35 per cent, on earnings. Quarterly dividend
1874
7,900,721
2,775,362
413,610 \)4 per cent, June 1, 1876, on $4,625,000 stock.
1873
8,268.325
2,530,89!)
Iron Mountain, Chester & Eastern..— This was for¬
55*,4-37
$872
8,026,754
2,103,107
•
557,42!) merly the Chester & Tamaroa. Bonds are in de¬
-<V. 20, p. 61, ‘140, 288; Y. 21, p. 489; V. 22,
p. fault since 1873, and a receiver has been appointed.
16, 256; V. 23, p. 451, 525.)
(Vol. 19, p. 520; V. 22, p. 614.)
Indianapolis, Bloomington dk Western—Default was
Jacksonville, Pensacola & Mobile.—This road is
first made July, 1874, and affairs are
yet unsettled. mortgaged for a like amount of Florida State bonds,
Receiver's certificates issued to Aug. 1,
’75, $205,000. and is held by the State and noticed for sale March
The Danville, Urbana, Bloomington
& Pekin is part 5, 1877. (Y. 22, p. 158; Y. 23, p. 63, 256, 576; V.
24,
of this road. Plan of
re-organization, V. 22, p. lio. p. 40.)
<Yol.20, p. 61, 405: V. 21, p. 245, 277, 348, 395; V.
Jefferson.—Leased to the Erie Railway Company
32, p. 16, 61, 110, 257, 375; V. 23, p. 03, 112, 478.)
which pays interest on the bonds. (V.
14, p. 628.)
Indianapolis, Cincinnati & Lafayette.—The com¬
Jeffersonville, Madison & Indianapolis.—Leased in
pany defaulted July, 1876, and Mr. Ingalls, President, 1871 to
Pittsburgh, Cincinnati & St. Louis Railroad
was appointed receiver.
Gross earnings, 1875-6, for interest and
sinking fund of bonds,
$1,637,061; net, $717,697. (V. 21. p. 207, 277, 464, cent, a year on stock. Lease transferred and 7 per
December,
485; V. 22, p. 257; V. 2), p. 112, 135, 183, 377.)
1872, to Pennsylvania Company. In 1875, net earn¬
Indianapolis, Decatur & Springfield—'This em¬ ings were $468,281. (Y. 20. p. 426.)
braces the former Indiana & Illinois Central. The
Jersey City & Albany.—Road was in progress, but
second
mortgage is issued to holders of old I.& I.C. was stopped in panic of 1873. Bondholders held
firsts, and till July, 1831, Interest is payable out of off. (V.
19, p. 365; V. 21. p. 613.)
■were
J.
J.
J.
A.
A.
F.
A.
Where Payable and by
whom.
pal, When Due.
5,587,150
305 000
100
Bonds—Princi¬
INTEREST OR DIVIDENDS.
Amount'
'250,000
1872
673
245
140
253
394
34
do
Houston& Texas Central.—Gross earmngs in 1876
$3,162,513; net earnings, $1,277,321. Interest
500
500
1,000
1,000
1,000
Ox*
Hans as Pacific—Stock
1st M., 394th to 639th mile, I’d
gr., 3,000,000 ac’s
1st mort., gold, coup., on 140 miles west Mo. Riv.
1st mort., gold, 140th to 393d mile
2d mort (to U. S. Gov.) on 394m. west Mo. River.
1st mort., coup., (Leavenworth Branch)
(Income bonds, coupon, 3d mortgage oil 427 miles.
1st land b’ds, cp, or reg., gold, on 2,000,000
acres
Ha land mort.,
1,000
1,000
1,000
1871
1872
1872
265
52
78
78
130
262
Joseph...
Joseph A Council Bluff's, 1st mortgage...
do
$1,000
1870
1873
1872
4ia
mortgage
Kansas Citu. St. Josenh d Council Bluffs—Stock
1st mortgage, Council Bluffs A St
43t.
par
Value.
184
41
250
9
38
226
86
159
159
38
12
44
Hit. & H. & G. N. convertible bonds
do
do
2d mort., (exch’ble for convert.)
Slovoa Falls d Sioux City—Stock
1st mortgage, April 1, ’69
iron Mountain, Chester d E.—1st
do
or
459
Houston & Great Northern, 1st mortgage, gold...
do
Size
1866
1875
90
Funded interest bonds, coupon
Equipment bonds, registered
Cincinnati A Indiana, 1st mortgage
do
do
2d mortgage, guaranteed....
Jndianapolis d SI Louis—1st mort., in 3 series
2d mortgage
Jeffersonville, Madison
[January 27,1877,
Joliet
„
New York.
•
Aug., 1901
Northern Indiana.—Mich. Central offered
to extend with a 6 per cent, bond, but court decided
that total rent must be
applied to principal and
interest of bonds; still in litigation. (V. 20, p. 85,
140, 429; V. 21, p. 110; Y. 22, p. 567.)
Junction (Phil.}—Owned by connecting companies.
Cost of road $898,324; paid-up stock, $185,000.
Kansas City, St. Joseph & Council Bluffs—In addi¬
tion to these, there are also funding bonds of about
$640,000 in different issues. Annual report for 1875
in V. 22, p. 495. Gross earnings in 1875, $1,362,706;
net, $351,869.
Sept., 1873.
Kansas
Stock, $2,776;000. Interest defaulted
(V. 20, p. 475; Y. 22, p. 233, 495.)
Pacific.— In
1875
net
earnings
were
$1,572,880, against $1,685,764 in 1874. Th* land
grant is in two trusts, 2,000,000 acres in the first,
from the 1st to the 380th mile, and 3,000,000 acres in
the
second, from 3S0th mile westward. The com¬
pany paid half the interest on its bonds, (except
incomes), after defaulting in 1873, up to November,
1876, and then went into hands of receivers.
See annual report, V. 23, v. 38. (Y. 20, p. 8, 85,
476, 501, 544; V. 21, p. 252, 466. 613; V. 22, p. 545;
V. 23, p. 38 86, 478, 499, 515, 576.)
,
Kent Co.—This road was completed in 1872, but
defaulted in 1873. No recent information received.
'
Kentucky Centred.—This
& Lexington.
the Maysville
V. 21, p. 39.)
Keokuk & Des
Moines Valley,
was formerly Covington
The company recently purchased
& Lexington road.
(V. 20, p. 500;
Moines.—Formerly East. Div. of Des
The stock is $1,524,000 pref. and
$2,400,000 common. In year 1875-6 gross earnings
were $741,339; net, $226,838.
(V. 20, p. 520; V. 22,
p. 588.)
Knox & Lincoln.—Annual report, V. 22, p. 304.
Lafayette Bloomington cfc Miss.
to Tol. Wab. &
(V. 23, p. 353.)
W.;
now to
Formerly leased
Laf. Muncie & Bloom.
RAILROAD STOCKS AND BONDS
January 27, 1877.]
Subscribers will confer a
For explanation of column headings, Ac., see
at the head of first page of tables.
notes
INTEREST OR DIVIDENDS.
Miles Date
Size, or
Amount
When Where Payable, and
Rate per
of
Par
of
Whom.
Cent.
Road. Bonds. Value. Outstanding
Payable
1872
50
1181
($1,100.000)....
Lake Shored; Michigan Southern—Stock
Guaranteed 10 per cent stock
Consol. 1st mort., (sink, fund, 1 per
do
do
do
....
Kalamazoo, Allegan & Gr. Rapids, 1st mortgage,
do
do
stock, 6 per ct. guar.
Jamestown & Franklin, 1st mortgage
2d mortgage
do
do
Lake Superior d Miss—1st mort., gold, l.gr.,s.f
1855
1866
Lehigh d Lackawanna—1st mortgage
Lehigh Valley—Stock, common and pref
1st mortgage, coupon and registered
2d mortgage, registered..:
Gem mort.,gold, $ & £ (s. fd. 1 p.c. y’ly) coup.
Delano Land Company bonds, endorsed
2d
1st mortgage
Street connection bonds
Little Rock d Fort Smith—New stock
1st M., ldgr’t (750,000 acs) s.fund (for
1869
1872
mortgage, sinking fund
Logansp’l, •Crawfordsv. d S. W. of Ind.—1st mort., g.
Long Island—Stock
1st mortgage, main extension and G. C. Branch..
Newtown & Flushing
New York & Rockaway
Smithtown & Port Jefferson
Louisville, Cincinnati d Lexington—Stock
2d
1871
1853
1875
1870
1857
1870
1870
1873
1871
1871
1851
1867
1870
1,000
1,000
1,600
1,000
1,000
1,060
1,000
50
500 &c.
100 &c.
50
500
500
500
500
50
....
cost
or
1,000
1,000
1,000
100
1856
1863
1863
1868
1873
1871
1872
1870
1,000
1,000
1,000
1,000
1,000
£200
£200
1,000
1
1*2
5
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
8
8
3
7
7
7 g.
10
924,000
400,000
100,000
100,000
840,000
610,000
443,000
500,000
4,500,000
1,500,000
2*2
450,000
344,000
7
7
10
10,
8
7
2
6
7
6 g.
7
7
6 g.
500,000
5,000,000
720,000
160,000
300,000
27,092,297
5,000,000
6,000,000
11,129,000
1.797,000
1,545,000
900,000
200,000
4,608,000
2
6
6
525,000
5,000,000
2,000,000
750,000
2,646,100
723,500
1,500,000
3,300,000
7
7
3
.
1,500,000
150,000
250,000
600,000
2,623,483
851,000
74,519
100,000
3,000,000
981,000
9,003,218
849,000
225JXH)
77,000
333,000
7,109,000
2,000,000
3,500,000
2,369,710
3,000,000
600,000
1,000
400,000
370,000
2,500,000
1,000
500 Ac.
500 Ac.
500
1,100,000
value of its miscellaneous
150,000
investments.
7
8 g-
1875.
Miles
1,175
1874.
1873.
1,175
1,175
Net earnings
Capital stock
Funded debt
6
6
7
8
4
6
6
7
6
7
7 g7
6 g.
8
2*2
7
7
7
7
7
The
$2.825,'705 $3,287,973 $2,783,633
23,222,446 24,505,447 27,< 92,297
10,875,000 16,859,000 22,129,000
earnings.. $14,434,198 $17,146,130 $19,414,5)0 Floating debt
1,837,613 ....;
♦
Anthracite.
•Operat’g exp”es. 10,531,500
11,152,371 13,746,598
Net earuings....
5,993,759
3,902,697
5,667,910 (V. 20, p. 311, 593; V. 22, p. 156; V. 23, p. 183.)
Stock...
50,000,000
50,000,000
50,000,000
Total debt
37,774,000
38,373,421
38.035,000
Little Miami.—This company leases the Columbus
—Company’s statement of earnings for 1876, on & Xenia, and both are leased to Pittsburg, Cincin¬
Gross
which the dividend was declared, showed surplus
over interest of $1,611,177.
(V. 19 p.345; V. 20, p.
16, 85, 140, 451; V. 21, p. 9, 252, 418; V. 23, p. 33,
254, 622; V. 24, p. 16.)
Lake Superior & Mississippi. —Formerly leased to
Northern Pacific. Land grant, 1,632,000 acres. Fore¬
closure plan Y. 22, p. 111.
(V. 21, p. 372, 570: V. 22,
p. 233, 545; V. 23, p. 33, 329.)
Lawrence.—Leased to Pittsburg, Fort Wayne &
Chicago at 40 per cent on gross earnings. Lease
•transferred to Pennsylvania Company.
Net
earn¬
ings, 1875, $84,177. Sinking fund has $10,000 bonds.
(V. 20, p. 425.)
Leavenworth, Lawrence & Galveston.—Defaulted
on Interest July, 1873. (V. 21, p. 137,591; V.23, p.40.)
Louis, guaranteed by Penn. RR., lessees
assuming interest payment on bonds and 8 per cent
on stock.
Net earnings, 1875, (L. M. & C. & X)
$351,099. (V. 20, p. 427.)
nati & St.
Little Eockdk Fort Smith.—Foreclosed Dec. 10,1874.
Re-organized and stock issued for old bonds. The
new mortgage is for construction to Fort Smith.
(V. 19, p. 583, 617, 639; V. 20, p. 62; V. 21, p. 418.)
New Orleans.—Sold in
1^75, for $35,000. V. 21, p.
Little Rock, Pine Bluff <k
foreclosure Dec. 16,
535, 613.
Schuylkill. —Leased and operated by
delphia & Reading. Dividends, 7 per cent.
Little
Phila¬
Logansport, Crawfordsville <£ S.W. of Ind—De¬
Lehigh & Lackawanna.—Operated by Central of cree of sale made. The total liabilities. September
New Jersey as a coal road.
1875. reported at $4,097,000, of which $322,000 were
Lehigh Valley.—This company’s earnings are receiver’s certificates. (V. 21, p. 302, 613; V. 22, p.
chiefly from anthracite coal. The gross income 63; V. 23, p. 428.)
from all sources, in 1874-5, was $7,318,067; net
Long Island.—Gross earnings, 1874-5, $828,839;
,055,205. After interest and dividends, there
was a deficit in 1874-5
of $93,053, taken
from net, $213,503. In January, 1876. a sale of stock was
fund.
eserve
The company’s report gives no made to Mr. Poppenhuseo, and this road has since
etails of the construction account, nor of the leased the Flushing No.Shore & Central, and the So.
A
&
A
&
&
&
&
&
&
A
&
A
&
&
&
&
&
A
A
&
&
A
&
by
New York.
N. Y., Union Trust Co.
do
do
O.
A.
A.
J.
Q.-J.
J.
A.
A.
M.
M.
J.
A.
A.
J.
A.
J.
M.
A.
F.
J.
J.
J.
J.
A.
J.
J.
J.
A.
'
.si
ja r®
ag-g?
‘
Pittsburg Office.
A. N. Y., Winslow, L. & Co.
O. N. Y., B’k of Commerce.
J. N. Y., Farm. L. & T. Co.
Boston Office.
N.
do
F. & A.
&
&
&
A
....
Philadelphia Office.
Q.-J.
J.
M.
J.
J.
M.
J.
Stocks—Last
Dividend.
April, 1892
1, 1877
1, 1877
July 1, 1900
July 1, 1900
Deo. 1, 1903
Oct. 1, 1882
Oct. 1, 1879
May, 1885
Nov. 1, 1877
Jan. 1, 1880
Oct. 1, 1892
April 1, 1899
July 1, 1885
April 1, 1886
July 1, 1882
Sept. 1, 1886
April 1, 1898
Aug. 1, 1906
Jan. 1, 1890
July, 1887
July, 1887
July, 1888
Oct. 1, 1876
Jan. 1, 1897
June 1, 1894
Jan., 1899
Oct., 1902
Jan., 1877
Aug., 1895
Oct. 1, 1889
July, 1899
May, 1890
Feb.
Feb.
I).
O.
C3
^
O.
N.
N.
J.
•“-M S-<
O.
co 0)
O.
J. }■
'3
A
•{
O.
J.
S.
phco’E q
r*.
®
O.
w'r"'-c.o s
to to
^
A.
a at
J.
a
J.
J.
J.
O
O.
J. N Y., Union Trust Co.
do
do
D.
J. N. Y., Boston & Pliila.
do
do
O.
Q.-J.
F.
A.
J.
M.
& D. Reg.atofliee, cp.B’kN.A
& S.
Philadelphia OfHce.
do
do
& D.
& J.
Philadelphia Office^
& N.
& D. N. Y., B’k Commerce.
1892
Feb., 1897
Jan. 15, 1877
June, 1898
Sept., 1910
1898 A 1923
Jan., 1892
May 1, 1902
1, 1899
Dec.
.
Y., Bank of America.
M. A N. N
Cincinnati.
Various
Company’s Office.
N.Y.,St. Nicholas N.Bk.
do
do
do
do
do
•
10,1876
May, 1883
1894
,
Boston.
T. & J.
A. & O. N. Y., Union Trust Co.
J. & J.
Philadelphia Office.
do
A. & O.
Q.—F. N. Y., Jones & Schuyler.
M. & N.
M. & N.
A. A O.
M. A S.
.
Dec.
Cincinnati.
Q.-M.
do
....
4*2
Amboy branch was completed June, 1875, and
$8,499,867 had been spent on it to December, 1875.
A comparative statement for three years is as
Lake Shore & Michigan Southern.—V\\q annual re* foHows:
1872-3.
1874-5.
1873-4.
port for 18T5 was published in the Chronicle, ♦Coal (tons) moved
4,150,660 3,277,527
V. 22, p. 4 21, and balance sheet 447.
Later Gross earuings
$6,710,565 $6,759,391 $5,046,495
The fol¬ Operating expenses.. 3,884,860 3,471,418 3,262,861
report to June 30, 1876. V. 23, p. 254.
lowing shows a summary of the figures for each of
named :
&
&
A
&
....
7
7
7
7
3
zation, and has been financially embarrass*d. There
is a second mortgage of $590,000.
See Y. 19, p. 360.
the calendar years
A.
F.
F.
J.
Bonds—Princi¬
pal, When Due*
....
1,500,000
100
1867
1869
197^2 ’67-’70
1971s 1869
r
Lake Erie & Louisville.—This road was a reorgani¬
1.000
50
392
392
130
83
185
20
77
77
Memphis & Ohio, 1st mort., sterling, guar
Memphis & Clarksville hr., 1st mort., sterling
Louisville, Paducah d S. TP.—1st mort
Lukens Valley—Stock
Macon d Augusta—1st mortgage
2d mort., endorsed by Georgia Railroad
Macon d Brunswick—1st mort., State endors
2d mortgage
1,000
50
175
605
Consolidated 1st mortgage for $8,000,000
2d mortgage bonds, gold, coup
Equipment bonds
1,000
175
do
Louisville d Nashville— Stock
Louisville loan, main stem (no mortgage)
Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
do
extension, Louisville loan
.
1,000
1,000
1,000
65
Louisville, Cincinnati & Lexington, 1st mort
do
1,000
500 &c.
500 Ac.
50
7
$1,092,000
49,466,500
533,500
1,443,000
3,886,000
9,105,000
3,395,000
1,198,000
5,256,000
2,682,000
1,000,000
1,000,000
1,442,000
1,595,000
849,000
200,000
300,000
2,850,000
100
Preferred 9 per cent stock
.1
Bonds to State Kentucky (perpetual loan)
Louisville loan (to Louisv. aud Frankf’t)
do
1,000
1868
1870
1873
1872
123
123
70
31
31
92
158
95
4
10
19
175
$3,000,000)
_
1865
1870
1869
1870
1872
1864
1st
do
1,000
1863
1869
141
81
Little Rock, Pine Bluff d N. 0.—1st mortgage
Little Schuylkill—Stock
1,000
1,000
1,000
1,000
1868
5514
5514
Little Miami—Stock, common
500 Ac.
500 Ac.
19
mortgage
1,000
1,000
1,000
1,000
1,000
1,000
1867
& reg.
Lewisburg Centre d Spruce Creek— 1st mortgage.:.
Lexington d St. Louis—1st mort., gold, guar
1,000
1869
1867
22
17
21
145
33
10
15
202
171
200
Leavenworth Atch. d N. ir.—1st mort., guar
Leaven., Law. d Galv—1st mort., l.gr. ,s.f., conv
Kansas C. & Santa Fe, 1st mort., guar
Southern Kansas, 1st mort., guar
:...
1,000
1876
Income
mortgage
1,000
1862
1866
1868
51
51
156-
mortgage bonds..
Lawrence—Stock
100
100
.00©
1870
1870
1873
1872
1869
1855
1857
1859
1867
1869
864
451
451
95
95
258
162
162
88
88
88
62
37
12
13
58
Lake shore dividend bonds, April, 1869.
1st mortgage (C. & Tol. RR.) sinking fund
2d mortgage
do
Buffalo & Erie, mortgage bonds
do
do
do
do
Det. Monroe & Tol., 1st mort., coup., guar
Kalamazoo & White Pigeon, 1st mortgage
Schoolcraft & Threo River, 1st mortgage
Kalamazoo & Schoolcraft, 1st mortgage
$1,000
....
864
£04
864
cent) coupon
registered
I2d mortgage, do. (for $25,000,000) coup, and reg
Income bontls (s. r. $600,000 per yr.) coup, or reg.
Mortgage bonds of Oct., 1869, sinking fund
1st mortgage, sinking fund, M. S. & N. I
2d mortgage, Michigan Southern
2d mortgage (C., P. & A. RR.) registered bonds..
3d mortgage
do
1st
discovered In these Tables.
great favor by giving Immediate notice of any error
DESCRIPTION.
Lake Erie d Louisville—1st mort.
xxi
July 1, 1895
April, 1900
Jan., 1877
Oct., 1877
Aug., 1900
1873
July, 1890
May, 1903
April, 1901
Sept., 1901
June, 1869
Louisville.
July, 1873
N. Y., Bank of America.
do
do
N. Y., J. B. Alexander.
Louisville.
N. Y., Drexel, M. A Co.
do
do
Jan,, 1881
Jan., 1897
....
J.
J.
J.
A.
& J.
& J.
& J.
A O.
F. & A.
A. A O.
Various
M. & N.
A. & O.
A. & O.
M. & N.
J. & D.
F. & A.
M. A S.
....
Louisville.
do
N. Y.,
'
Drexel, M. & Co.
London, Baring Bros.
-do
do
New York.
Philadelphia.
J. & J. N.Y.,M.K. Jesup,P.&Co.
do
do
J. A J.
Various N.Y., M.K. Jesup.P.ACo.
do
do
A. A O.
A. & 0.
of L. I
,
ana all jre
April, 1898
1, 1883
Dec., 1901
Aug., 1902
Mch. 1, 1890
Nov., 1876
Nov.
New York.
Q.-F.
April, 1900
Aug. 1, 1873
1886 A 1887
1886
Nov., 1880-’85
Oct, 15, 1893
1887
1879
1887 to 1900
1889
1879
operated together.
(.V. 22, p.
135, 158, 375, 447; V. 23, p. 112.)
Louisville, Cin. & Lex.—There are also
$60,000 old
bonds and $374,000 8 per ct. mortg. bonds of 1872
due 1902, and $1,582,500 7 per ct. mortg. bonds of
P‘73 due 1903. The company defaulted on interest
1873-4. Sale in foreclosure noticed for Dec. 4,187$,
was
postponed.
(V. 21, p. 277, 395; V. 22, p. 181,
352; V. 23, p.16, 63, 135, 329, 576, 599.)
Louisville, New Albany & St. Louis
Air-Line.—
from Louisville to St. Louis,
To be sold ir. foreclosure,
(V. 20, p. 16, 357, 453; V. 21, p. 86; V. 22, p. 828.)
Louisville & Nashville.— Annual report, for year
ending June 30. 1876, in V. 23, p. 376. Gross earn¬
ings of main stem, branches, and leased lines,
$4,961,490; net, $1,967,960. General result was a
surplus of $207,092, after paying interest and all
This road is projected
and has 28 miles built.
charges.
Nashville & Decatur is leased, and liabili¬
South & North Alabama are assumed.
(V. 20, p. 16; V. 22, p. .157; V. 23, p. 279, 376, 478.)
ties for the
Louisville, Paducah & 8. W.—Formerly Eliza¬
to which Louisville city
bethtown & Paducah,
loaned $2,000,000.
In
September, 1874. interest
passed. Sale in foreclosure took place An*.
24, 1876. (V. 20. p 357, 405; V. 21, p. 323, 395, 489;
Y. 22, p. 487; V. 23, p. 208, 232; V. 24, p. 64.)
was
Lykens Valley.—Leased to
road at
$62,500 per annum.
Macon &
Summit Branch Rail¬
Augusta.—Leased and operated by the
Georgia Railroad, which guarantees all the bonds
except $100,000 of first mortgage. Gross earnings,
1375-b, $108, J90; net, $13,836. (V. 2*, p. 157.)
Macon & Brunswick.—This road was sold Jane 2,
1875, and bought for the State; offered again for
sale or lease January, 1876, and again Jan.. ’77. TPno
Georgia Legislature declared fraudulent $600,000 of
the endorsed bonds issued in 1870. (V. 20, p. 405*
501, 546, 570, 393, 615; V. 22, p. 3 of advertisements.)
RAILROAD STOCKS AND
XXII
Subscribers will confer
a
DESCRIPTION.
of tables.
Miles
of
do
39
357
33
357
....
19
....
38
....
.....
consolidated mortgage—
....
33
Manchester d Lawrence—Stock
Mansfield, Coldwaler d L. If.—1st mortgage
Mansfield d Framingham— 1st mortgage
Marietta, Filtsh. d Cleveland—1st M., $14,000 p. m.
Marietta d Cincinnati—Stock, common
do
2d
do
....
....
100
100
100
500 Ac
100
1893
189o
1870
....
1871
1899
1870
1,000
50
50
50
....
....
....
....
....
....
....
....
....
....
...
30
5
•
.
.
ioo
....
1899
1,000
....
.
50
44
94
109
54
54
291
....
1872
1,000
1871
1872
1873
1,000
1,000
1,000
....
....
25
.
.
.
.
'
•
•
e
®
291
131
2d mortgage
1873
1890
....
Michigan Central—stock
599
284
284
284
1st mortgage, convertible, sinking fund
1st mortgage, convertible
Consolidated mortgage (for $10,000,000)
Michigan Central (Air Line mortgage)
Michigan Air Line 1st mort., assumed by M. C
Equipment bonds.
103
10
.
Kalamazoo A South Haven, 1st mort., guar
do
do
2d mort,, guar
Grand River Valley, 1st mort., guar. 5
do
do
2d mort., guar
do
do
stock, guar
Detroit A Bay City 1st mortgage, endorsed
39
39
94
94
2d mort., eonv.
Michigan Lake Shore— 1st mortgage
Midland
Pacific—1st mortgage, gold
Milwaukee d Northern—1st mortgage
Milwaukee, Lake Shore d Western—1st m.,
Mine Hill d Schuylkill Haven—stock.
Mineral Point (iris.)—1st mortgage
1,000
1,000
1872
1899
1,000
1,000
1,000
1,000
1,000
,
1874
1870
1870
1899
1899
1,000
1,000
100
-1872
1872
119
1865
....
mortgage (not guar M.C.)
Jackson, Lansing A Saginaw 1st mort....) s 9
c^.w
1st mort. (N. of Win.), conv.
Cons. m. on whole line (300m.)
1,000
....
....
do
CD
rt
119
*-
§
5
532
239
57
57
129
147
140
32
35
100
gold.
Mississippi, Ouachitad Red River—1st m., gold
Mississippi d Tennessee—1st mortgage
Consolidated bonds
Tennessee State loan
Missouri, Kansas d Texas—stock
Preferred stock (for $7,000,000)
1898
1870
1871
1899
1899
1870
1875
'
1,000
1,000
1,000
1,000
1,000
50 Ac.
1,000
50
1868
1870
1856
1866
1,000
1,000
....
....
786r
1st m., gold, sink, fund,onroad and land
1st mortgage, gold (Tebo. A Neosho)
(U.P.S.Br)
1ft 2
100
7ft9
70
70
Consolidated mortgage, gold, on road and land...
Hannibal A Central Missouri, 1st mortgage
do
do
2d mortgage.
....
1868
1870
1871-3
1870
....
425,000
741,400
217,300
1,199,700
150,000
1,000,000
1,900,000
300,000
1,500,000
1,408,912
8,130,719
4,490,398
2,450,000
1,050,000
....
....
499,892
1,980,500 1,100,000
499,500
759,800
933,000
_
....
....
Tenuesse loan
1st mortgage, convertible
2d mortgage
Consolidated mortgage
Memphis d Little liockr— 1st mort., 1. gr
do
do
do
100 Ac.
....
Memphis d Charleston—stock
$900,000
Rate per
Cent.
When
pal, when due,
Where Payable, and by
Payable
Slocks—Last
Dividend.
Whom.
3,920,120
....
....
sterling
Outstanding
$1,000
1872
1890-1
1870
1898
1871
1891
Bonds—Princi¬
INTEREST
Amount
100
.
;
xrquette, H. d 0—1st mort., I’d gr., M. A O., coup.
1st mort., I’d gr., II. A O., coup
2d mort., land grant, M., II. A O., coup
3d mort.,
do
do
do
Maryland d Delaware— 1st mortgage
2d mortgage
do
100
279
or
Par
Value.
1870
....
3d mortgage
4th mortgage for $4,000,000
Scioto A Hocking Valley RR., 1st mortgage
Balt. Short Line, stock, 8 p. e. guar by M. A C...
do
do
1st mort., guar, by M. AC
Cincinnati A Baltimore RR., stock
do
do
1st mortgage
*
29
90
22
;
1st mortgage, dollar
let mortgage,
2d mortgage
of
72
Belfast A Moosehead, 1st mortgage
Stock, 1st preferred
Diite Size,
Road. Bonds
Madison d Portgage—1st mort., cold
Maine Central—Stock.
.'
Maine Central interest scrip
1st mortgage, consolidated
Bonds ($1,100,000 loan) A. A. K. RR.
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Deeds A Farmington Railroad loan
Androscoggin Railroad, Bath City loan
Portland A Kennebec, stock
do
do
1st mort., extended
do
[January 27, 1877,
great favor by giving Immediate notice of any error discovered in these Tables.
For explanation of column headings, Ac., see notes j
at the head of first page
BONDS.
i’oo
1", o’do
1,000
1,000
1,000
....
2,500,000
3,000,000
2,004,000
300,000
1,125,000
750,000
1,200,000
500,000
1,910,000
2,000,000
840,000
709,000
850,000
150,000
5,312,725
1,971,913
1,293,000
1,000,000
1,158,000
1,300,000
1,000,000
18,738,204
2,179,000
559,000
8,000,000
1,900,000
200,000
900,000
940,000
70,000
1,000,000
500,000
491,200
424,000
1,909,000
1,315,000
154,000
783,000
2,001,000
880,000
1,100,000
2,134,000
500,000
3,999,600
320,000
500,000
600,000
1,254,500
316,774
21,405,000
2,856,000
349,000 1
14,758,000
768,000
250,000
7 g.
6
7
.
6
9 g.
7
9
9
3
9
9
6 g.
5
7
7
r7
A. A O.
<r
A.
F.
A.
J.
J.
J.
J.
A,
A.
M.
M.
A.
J.
F.
New York.
Oct.,
Portland.
A O. Dost., Nat. B’kCom’rce.
A A. Bost., N. Bk. Commerce
A O.
do
do
A J.
do
do
A J.
Portland.
A J. Bost., Nat. B’k Com’rce.
A J.
Portland, Me.
do
A O.
A O. Bost., Nat. B’k Com’rce.
A N.
Belfast and Boston.
A N. Manchester and Boston.
A O.
A J. Boston, Host. Nat.Bank.
A A. N. Y., Winslow, L. A Co.
1890>
April 1, 1912'
1890 to 1891
Oct., 1900
July, 1898
July, 1901
July, 1891
Jan. 15, 1877
April 1, 1883
Oct, 1, 1895
May 15, 1890
Nov. 1, 1870
Oct,, 1911
July 1, 1880
Aug. 1, 1895
....
3 S.
3 S.
7
7 g.
7
8
M. A S.
M. A S.
F. A A.
F. A A.
M. A N.
J. A J.
....
1,"
1896
do
do
do
M. A N.
/
4
7
4
7
J.
A
J.
do
do
,
May
do
8
8
10
9
9
....
1866
July, 1870
J. A I). Balt., Merch. Nat. Bank
M. A N.
do
do
J. A J.
do
do
J. A D. N. Y., Company’s office,
J. A J.
do
do
F. A A.
do
do
M. A S.
do
do
M. A N. Bost., Bk. of Commerce,
J. A D.
do
do
8
Dec.
1, 1904
Nov., 1876
Jan. 1, 1900
June
1,1892;
July 1,1891
Aug. 1, 1892
Sept. 1,1903
Nov. 1, 1885
Dec-, 1,1889
....
J.
M.
J.
J.
M.
9
7
r*
/
7
8
....
A
A
A
A
A
J. N.Y., 3d National Bank.
N. N.Y.,R.T. Wilson A Co.
J.
do
do
J.
do
do
N. N. Y., Swenson, P. A Co.
May 1, 1880
Jan. 1,1885
Jan. 1,1913
May 1,1890
....
4s.
8
,
21-2
8
8
8
8
8
8
8
7 g
8
7
3^2
10
7 g.
7
8
9
J.
A.
A.
M.
J.
M.
A.
M.
M.
J.
M.
J.
M.
M.
J.
M.
M.
M.
J.
F.
J.
J.
J.
J.
J.
A.
J.
J.
0.
0.
N.
J.
N.
O.
N.
N.
J.
S.
J.
N.
N.
JS.
N.
S.
J.
A.
A D.
A D.
A J.
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
New York and Boston.
Boston Office,
do
N.
Jan., 1873
Oct. 1,1882
Oct. 1,1882
May 1,1902
Jan. 1,1890
Y., Farm. L. A T. Co.
do
do
do
do
do
do
do
do
do
New York and
N. Y., Farm. L.
do
do
do
do
do
do
do
do
do
do
Boston.
1890
April 1, 1883
Nov. 1,1890
Nov. 1,1890*
July 1, 1886
July 1, 1879
Jan., 1877
May 1, 1902-3
1902
A T. Co.
July 1,1885-
do
March 1,1878
do
do
do
do
May 1, 1890
Sept. 1,1891
N.
1889
Y., Winslow, L. A Co.
Y., Turner Bros.
N.Y., Merch. Exe. N.Bk.
N. Y., S. S. Sands A Co.
Philadelphia, P.AR. Co.
N.
Aug., 1899
Dec., 1901
1,1895
July, 1876
June
A J. Detroit, 1st Nat. Bank.
Jan.1,1890
A J.
A O.
A J.
Memphis, Office,
April 1,1876
do
Sept. 1,’81 to’93
,
....
6
7
7
7
7
1866
1891
1891
1896
1890
....
r*f
8
7
8
8
8
8
8
8
8
Sept.,
Sept.,
Balt., R. Garret A Sons. Aug. 1,
London.
Aug. 1,
Balt., R. Garret A Sons, May 1,
do
do
July 1,
1890
...
....
g.
g.
g.
g.
J. A J.
J. A D.
Various
M. A N.
M. A N.
Jan., 1899'
June, 1903
New York,
Inquire
Company’s Office,-
1904-1906
7 Nassau street.
May, 1890
Madison tfe Portgage.—Consolidated as Chicago
Jfc Superior. No bonds could be negotiated after
the “Potter law.” (V. 21 p. 15.)
consol, mortgage bonds, $2,850,009, 7s, gold, due
Dec., 1903. Net earnings in H74 were $40.717. De¬
faulted and in receiver s hands August, 1875.
1875. (V. 21, p. 15, 109; V. 22, p.
133 , 403, 451, 499; V. 24, p. 16.)
r
Maine Central.—The Maine Central leases several
Marietta <k Cincinnati.—Gross earnings for the
year 1875 were $1,662,015; expenses, $1 290,590; net
receiver’s
roads.
The
report of
the year’s operations,
ending December 31, 1875, had the following:
4‘The total earnings for the year 1875 have been
$1,786,076 47; operating expenses, $1,147,066 82;
set earnings, $639,009 65— sufficient to
nay all oper
ating expenses, interest, coupons ana rents, and
leave a small balance. In 1874 the total receipts
were $2,094,080 55. and operating
expenses $1,281,$81 25.
Net, $812,399 30. Showing a diminution
earnings, $371,424, against $523,150 net earnings in
1874. This road forms a part of the through
route,,
and is operated in close connection with the Balti¬
more & Ohio Railroads which has made
large ad¬
vances for recent construction on the “Short Line.’’
Annual report V. 22, p. 208.
this year, as
compared with last, in gross receipts,
$308,004 08; in operating: expenses of $134,614 43;
and iu net receipts of $173,389 65.
“Of this reduction in our
gross receipts the past
year, $7? ,322 56 was occasioned by the modification
of former contracts, for the
purpose of producing !
uniform and harmonious action between the Eastern !
and Boston & Maine roads, which will
result, as we !
trust, to the benefit and in the general convenience I
of our patrons who have occasion to do
business;
over the railroads west of Portland.
The balance ;
Of the diminution in our gross
receipts, $2:30,681 62,
must be attributed to the general
depression of the 1
business of the country, and -reduction of tarill
by
yecial rates.’” (Vol. 20,
p. 313, 356; V. 22,p.
Manchester & Lawrence.—Formerly
operated with
the Concord Railroad as one line. Net earnings
1875-6, $100,686.
(V. 22, p. 588.)
(V. 20, p. 426; V. 21,
p. 42.)
Mansfield <t Framingham.—Leased
to
Boston,
Clinton & Fitchburg, at 25 per cent of gross earn¬
ings. Consolidation made June, 1875. (V. 20; p. 615.)
Marietta, Pittsburgh & Cleveland,—There
arc
also
Mainland & Delaware.—This line was leased by
New Jersey Southern, to fo.m part of the
through route. Lately, decree of foreclosure was
made. (V. 20, p. 242; V. 22, p. 567, 615.)
the
Memphis & Charleston—This road was leased to
the Southern Railway Security Co., but in 1874 the
lease was cancelled aud Mr. R. T.
Wilson, President
of the East
Tennessee, Virginia A Georgia road, was
elected President of the Memphis A Charleston,
with a new board of directors. Net
earnings, 175-6,
$3*1,230. Abstract of latest reporL, V 23, p. 394.
Memphis & Little Rock.—Decree
•
Mansfield, Cold water & L. if.—Leased by Penn, i
Company for net earnings. In hands of mortgage !
trustees.
Marquette, Houghton & Ontonagon.—This is a con¬
solidation of Marquette A Ontonagon and
Hough¬
ton & Ontonagon.
Lands amount to 425,000 acres,
chiefly timber and mineral. Stock, $2,306,600.
made.
of foreclosure
p 16.)
(V. 21, p. 15; V. 22, p. 471; V. 24,
Michigan Central.—'The annual npirt to May 31,
1876, showed gross earnings or. main line and
branches of $6,850,961, and net earnings, $2,943.06
For six months to Dec. 1, 1876, net income,
$307,941.
Net floating debt. May 31, 1876.
$728,510; Dec. 1,
1876, $342,150.
The Jackson Lansing A Saginaw
debt is assumed by
Michigan Central, which also
pays $70,000 per year on the stock, one-third .of
which it owns.
Interest was passed on the
Detroit & Bay City bonds, not guaranteed,
Nov.,
.
41; V. 23, p. 16,
'
>
Michigan Lake Shore.—Defaulted 1872. and in
hands.
(V. 18, p. 248, 504; V. 21, p„
110.)
Midland Pacific.—This was one of the roads repre¬
sented by Messrs. Turner Bros, in New York, of
which Bcnj. E. Smith was president. Default in in¬
terest was made in February and August, 1875.
Milwaukee & Northern.— This road defaulted on.
interest December, 1874. Circular to bondholders, V
20, p. 615. It is leased to Wisconsin Central, andthere is said io be prospect of resumption.
(V.
21,
p.
233.)
Milwaukee, Lake Shore & Western.—Sold in fore¬
closure for $2,509,768, Dec. 10, 1875. Interest paid on
first
mortgage June, 1876.
(V. 21,
p.
277, 591.)
Mine Hill & Schuylkill Haven.—Leased to Phila¬
delphia A Reading, May 1864, for 999 years; 8 per
cent dividends
on
stock.
Mineral Point.—Total receipts 18/3, $128,121; ex¬
penses and interest, $ 130,614; cost of road, Ac.,
$1,200,000.
Mississippi, Ouachita & Red River.—Land grant
acres.
Sold in foreclosure, Dec. 16, 1875,,
257.000
for
$25,000.
(V. 2), p. 405; V. 21, p. 535, 613.)
Mississippi (k Tennessee.—Stock, $825,400.
earnings 1875-6, $241,798.
621.
Net
V. 22, p. 181; V. 23, p.
Missouri, Kansas & Texas.—The latest plan of'
with bondholders was given in the
Chronicle. V 22, p 305. Receiver was appointed,
December, 1874. Land grant is about 4,565,142 acres.
Annual report for 1875 in the Chronicle, V. 22, p.
542
(V. 21, p. 87, 186. 207. 253. 395: V. 22, p. Ill,
158, 305, 368, 4-46, 447, 471, 495, 521, 5 4 2, 590; V. 23,
p. 40, 183, 647.)
settlement
great favor by giving
Subscribers will confer a
explanation of column headings, &o., see
at the head of first page of tables.
notes
Date
299
15^
161
161
85
186
516
.
Newark, Somerset d Straitsv., O— 1st
Newcastle d Beaver Valley—Stock
New Haven d Derby—1st mortgage..
40
"80
80
23
137
84
£225
100 Ac.
£100 Ac
....
1,000
1,000
1870
1870
1871
1873
1869
1,000
100 Ac.
1,000
ioo
1865
1872
1871
100 Ac.
500 Ac.
206
206
206
237
237
237
1873
1856
1860
1873
1,000
350
D.A II. Can.
stockholders
842
1853
1854
(N. Y. Central)
Bonds railroad stock
Bonds real estate
do
do
do
—
1,000
1,000
1,000
1,000
1,000
....
road
256, ’<79, 304, 330, 354, 428, 451,
64.)
A Gulf.—The stock is
f5,950,000.on Interest parsedincome of 1875, $243,646.
’74.
1st m’tgs. Net Oct., 1873, on 2d. and
Mobile A Girard.—'The Central RR.
endorses these bonds. (Y. 23, p. 549.)
....
....
495.)
1,000
1,000
Nashville & Decatur.
-
7
6
7
dusky. Mansfield &
more
& Ohio.
4,000,000
89,428,300
6,633,026
74,500
592,000
162,000
of
Montgomery A Eufaula.—Interest has been in
fault since January, 1873. It is one of the State
roads. (V. 21, p. 489; V. 23, p. 183.)
de¬
aid
i,
Oct.
1876
1881 and ’91
July 1,1913
July 1, 1900
Oct., 1887
Nov. 13, 1876
A.
A.
S.
N.
O.
S.
0.
N.
July 10, 1876
Nov. 1, 1889
Jan., 1877
1898 to 1900
Oct., 1874
Jan., 1899
Apr. '80 to ’82
....
N. Y., Co.’s Office.
do
do
New York and London.
N. Y„ Co.’s Office.
do
do
do
do
do
do
m
7 g.
6 g.
2
0
0
6
6
(V.
r
,
L
Office.
London, Baring Bros.
Q.-J. N.Y., Gr. Central Depot.
M. A N. N. Y. Union Trust Co.
F. A A.
>1. A N.
New York, Co.’s
M. A N.
M. A N.
M. A N.
1891
1895
1881
March 1,1893
Nov. 1, 1889
1881
Guaranteed by Balti¬
New Jersey & New York.—This was a consolida¬
tion of the llackensack & N. York and Hackensack
7 p.
1876.
New Jersey Midland.— Defaulted after the panic of
1873 and funded coupons. The company, having
Jan. 1,1912
July 1, 1886
Oct. 1,1890
May 1,1912
Nov.’74,’79 84
1886
1886
1884
Aug. 1, 1874
May 1,1889
May 1,1904
Jau. 2, 1877
May 1,1883
1,1883
May 1,1883
May 1,1883
Mav
do
do
do
do
do
do
Plan of re-organlzation, V. 21, p. 466. (V. 20,
313, 488; V. 21, p. 466, 486; V. 22, p. 422.)
ress.
p.
Jersey West Line.—In foreclosure.
640; V. 20, p. 383; V. 22, p 35*. 400.)
New
p.
(V. 1),
New London Northern.—'Operated under lease
1891 by Vermont Central for $150,000 a year,
of Co., in 1875-6, $160,620.
23, p. 599.)
come
StraitsviUe.— Leased to San¬
Jerri.1?.—Defaulted in 1873. Sold exhausted its capital and credit in construction,
July 7, 1875. (V. 20, p. 358, 383; V. 21, p. 39, 592.)
leased to the New York Midland for 7 per cent on
Morris A Essex.—Leased in perpetuity to the its cost ; it had at the time a floating debt of about
Delaware, Lackawanna & Western.
The lessees $400,009. After the panic of 1873 the road came
back without sufiicient rolling stock and without
assum' all liabilities and pay 7 per cent on stock,
and 8 after 1874. if they then earn 10 net on Morris means to pay interest. The bondholders funded
Essex road. (V. 20, p. 85,477, 48 8: V.-2, p. 399.)
coupons, but. default was again made.
Several
plans of re-organization are proposed. (V. 21, p. 39,
Nashville. Chattanooga A St. Louis.—Gross earn¬ 64, 86, *30, 318, 395, 442, 466, 489; V. 22, p. 87, 135,
ings of
1875-6, $1,751,593; expenses and taxes, 582, 614; V. 23, p. 329, 525.)
$i°023.423; net earnings, $728,176. The debt to U.
New Jersey Southern.—This was a consolidation of
S. and bonds endor-ed by Tenn. arc secured by
several roads. Net earnings. 1875, $109,276. Interest
deposit of the 1st mortgage 7 per cents. (Y. 22, p.
iu default since October, 1873.
Litigation in prog¬
109, 181, 30), 400, 437; Y. 23, p. 86, 181.)
Monticello A Port
New Haven.
do
do
....
earnings in 1874-5, $56,464.
Extension. The old bonds are about $300,000,
c.,due May, 1890. Receiver appointed Aug.,
(V. 23. p. 256.)
March 1,1886
June 1,1900
1890
Jan. 2,1877
1914
1891
1900
1889
1893
Bridgeport, Conn.
N. Y., Union Trust Co.
Newcastle, Penn.
Q.-J.
Various N. Haven, E.S. Scranton
A
A
A
A
A
A
A
A
1,1904
Oct., 1901
June 1,1915
....
F.
F.
M.
M.
A.
M.
A.
M.
1877-1882
Jan.
N. Y.. So. RR. Ass’u.
J. A J.
J.‘ A J. N. Y., J. B. Alexander.
do
do '
A. A O.
N. Y., So, RR. Ass’n.
\I. A N.
N. Y., J. L. King.
M. A N.
do
do
F. A A.
do
do
1. A J.
New Castle A Beaver V llcy— Leased to Pitts¬
burgh, Fort Wayne & Chicago, and lease transferred
Mobile A Montaomery.—Sold in foreclosure. No¬ to 'Penn. Company. Net earnings, 1875, $219,.’34.
vember, 1874, and re-organized.
(V. 22, p. 280; (V. 20, p. 425.)
V. 23, p. 525.)
New Haven & Derby—Net earnings 1873-1, $24,832.
Mobile A Ohio.—Defaulted March, 1875
Plan of New Haven city guarantees $225,000 of the bonds.
adjustment; sec V. 23. p. 451. Gross earnings, 1875,
New Haven A Northampton.—Gross earnings,
$1,914,347; net, $361,453. (V. 21, p. 60»: V. 22, p. 1874-5, $595,164; operating expenses, $399,250; net
158, 375, 4s7, 513, 520, 568; V. 23, p. 112, 181, 451,
earnings, $195,913. (V. 21, p. 699.)
519.)
Montclair A Greenwood Lake— Re-organization
Montclair road sold in foreclosure.
do
do
do
do
do
do
1901
7 g.
8
8
7 g.
7
8
7
7
or
of Georgia
old
Lack A W.
1876 and ’83
1883
7 g.
2
6
Leased May 4, 1 >71, to Lou¬
for thirty years.
Newark.
Y., Union Trust Co.
N. Y„ Del.,
do
do
do
do
do
do
1883
1, 1883
Nov.
April 1, 1903
May 1, 1900
Jan. 1, 1877
New London, Office.
Q.-J.
Sept., 1885
A. A O. N. Y., B’k of N. America
July, 1892
do
do
L A D.
Jau. 1, 1915
J. A J. New York, Co.’s Office.
7
7 g.
022.)
Newark, Somerset &
N.
A J.
A. A O.
7 g.
Naugatuck.—'Set earnings 1875-6, $206,084.
21, p. 611; V. 23, p.
A
J.
N.
A.
J.
A.
O.
D.
J.
isville & Nashville Company
Nashua A Lowell.— Net
(V. 21, p. 590.)
A
....
7 g.
7
997,000
1,997,000
1,279,000
5,000,000
395,115
6,250,000
£100 Ac
100
500 Ac.
100 Ac.
1853
....
Missouri Pacific.—This is the condition of the
company as reorganized after the sale of the
under 3d mortgage, Sept, fi, lS7t>, for $3,000,000.
403;V. 21, p. 15; V. 22, p. 470,
1869
1874
Q-J.
....
12,158,650
(?)
3,559,000
2,941,000
1,500,000
3,723,500
do
Mobile.
M. A N.
do
March
J. A J. New York or London.
F. A A. New York, Co.’s Office.
do
do
M. A S.
M. A S. N. Y., G. Opdyko A Co.
do
do
J. A D.
....
7
3
7
6
3,000,000
300,000
309,500
4,000,000 8
Dec. 1,
New York.
A N. New York and London.
Mobile.
A N.
London.
A N.
A J. New York and London.
M.
M.
M.
J.
F. A
A. A
J. A
2Lj
1,500,000
100
100
140
566
April 15, 1890
Jail., 1889
Y., Nat. City Bank.
F. A A.
M. A N.
1,000,000
5,300,000
i’oo
N.
0 g.
5
7 g.
120,000
1873
1870
Oct. 1, 1893
Jan. 1,1899
Y., Farm. L. A T. Co
Boston, Co.’s office.
A. A 0. New York A Nashville.
N. Y., V. K. Stevenson.
J. A J.
J. A J. N. Y., V. K. Stevenson.
J. A J. N. Y., D rex el, M. A Co.
A. A O. Nashville, Co.’s Office.
Boston A Nashua.
M. A N.
2,120,000
1871
N.
Aug., 1888
July, 1891
May 1, 1892
Feb., 1885
6 g.
2
2,460,000
1,000,000
1,000
J
J.
4
6
7
7
800,000
605,000
525,000
900,000
200,000
3,000,000
1,500,000
916,000
100 Ac.
100 Ac.
A
M. A
F. A
lh2
1,918,400
1,000
.
N
0
J
O
J.
7
206,000
800,000
200,000
1869
A
A
A
A
7
500
100
68A70
g.
7
1867
1869
g.
7
1,900,000
100
500 Ac.
50
500 Ac.
100
g.
7
7
3,000,000
1,000
1873
g.
7
1,025,000
6,575,295
1,000,000
1,100,000
4,700,000
25
mortgage
gold
15,000,000
5,000,000
1870
327
2d mortgage scrip
N. Y., Boston d Montreal—1st mortgage,
N. Y. d Canada—1st M., sterling, guar.
New York Central d Hudson River—Stock
200,000
4,991,000
3,239,000
....
1871
10
80
80
37
78
7
8
8
7
7
7
8
8
7
3
284,000
573,000
1,000
1,000
1,000
1,000
....
■
6 g.
330,000
500,000
....
7*2
for $7,000,000
8
769,920
1,040,000
50
250
500 Ac.
mout’H
M.
A.
J.
A.
J.
Q-M.
1,524,300
1,800,000
34
137
N. Y., B’k Commerce.
do
do
do
do
St. Louis.
New York.
N. Y., B’k Commerce.
8
(?)
1,000
Stocks—Last
Dividend.
*
53,000
1,453,858
vari’us
F. A A
J. A J
M. A N
0 g-
1,000
pal, When Due.
Payable, and b\
Whom.
-
1,668,000
1,000
Where
Payable
6 g.
7
8
7
7
0 g.
10
10
8
977,550
5,686,000
1,000
1871
1871
1875
(for $1,500,000;
Consolidated 1st mort., gold (N. O., J. & G. N.)...
1st mortgage,
do
do ...
2d mortgage,
do
do
Consolidated mortgage (Mississippi Central)
1st mortgage,
.
do
■2d mortgage,
do
(V. 20, p.
1,000
1,000
1864
1866
....
g’ld, guar, by N.Y.& O
Premium bonds
discovered In these Tables,
Bonds—Prinol-
When
5,320,600
100 Ac.
100 Ac.
....
....
..
New Jersey West Line—1st mortgage, gold
New London Northern—Stock
1st mortgage bonds
2d mortgage
N. O., Mob. d Tex.—1st mortgage (Mob. to N. O.) ...
New Orleans, St. Louis d Chic.—Consolid. stock
New consolidated mortgage (for $25,000,000)
an.,
1,000
1870
1870
84
Holyoke & Westfield RR
Missouri River, Fort Scott
500 Ac.
1867
57
42
15
13
100
76
mortgage
Northamp. (canal RR.)—Stock
Mortgage bonds, coupon
Bonds convertible, tax free, coupon
(V. 23. p. 16, 80, 208,
525, 576; Y. 24, p. 16,
5,000,000
1,947,000
300,000
3,022,517
100 Ac.
132
132
14
New Haven d
Bonds, B. & N. F.
.
1874
1875
....
byL.AN
Naugatuck—Stock
State Loan
1*000
1871
....
.
and equipment
500,000
....
1871
21
345
Nashua d Lowell—Stock
Bonds for freight depot
Income
1,000
500 &c.
1873
Nashville <6 Decatur—1st mort. guar.
2d mortgage
Consolidated mortgage,
.
...
....
Special real estate mortgage
Nashville, Chattanooga d St. Louis—stock
Bonds to U. S. government, 2d mort
Tennessee
.
.
....
mortgage
1876
1873
1869
1870
1869
1873
1853
....
Convertible bends
Construction bonds
Gen. m. & 1st on Boonton Br. Ac. (guar. D.L.&W.)
Consol, mort. (for $25,000,000) guar. D. L. & W..
New Jersey d: Neio York— 1st mort.
N. J. Southern—1st mortgage
1st mortgage (Toms’ River br.)
2d mortgage bonds
1,000
$800,000
7,000,000
2,650,000
800,000
700,000
4,000,000
100
100
....
.
Rato per
Outstanding
Cent.
1,000
1,000
...
„
Amount
$100
1868
1871
1872
....
Special mortgage (Mississippi, Gainesville A Tex.)
2d mortgage
Consolidated mortgage, gold (for $15,000,000)...
Montclair d Q. Lake— 1st mort, new ($700,000)
2d mort. (issued for old firsts)
Montgomery d Eufaula—1 mort., end. by Alabama.
1st mortgage, not endorsed
Monticello d Port Jervis—1st mortgage
Morris d Essex—stock
1st mortgage, sinking fund
N. J. Midland—1st mort.,
2d mortgage, currency
Par
Value.
Road. Bonds
,
Bonds endorsed by Tenn
New 1st mort. ($20,000 per mile)
Size, or
of
Miles
of
299
283
283
Missouri Pacific— Stock
v ..
1st mortgage, gold
2d mortgage (sinking fund $50,000 per annum)..
Real estate (depot) bonds
Debt to St. Louis County (no bonds)
3d mortgage
Carondelet Branch, 1st mortgage
Missouri R., Fort Scott d Qulf— 1st m. 1. gr. s. f
2d mortgage, coupon, may be registered
Mobile d Girard—2d rnort., end. by Cent. Qa. RR..
Mobile d Montgomery—stock
,
Mobile d Ohio—Stock
Convertible 8 per cent bonds
1st mortgage, sterling
Interest bonds
Interest bonds, sterling
Tennessee subs., 1st mortgage, sterling
2d
Immediate notice of any error
INTEREST OR DIVIDENDS.
DESCRIPTION.
For
Xxiii
BONDS.
RAILROAD STOCKS AND
January 27, 1877.]
till
in¬
(V. 21, p. 590; Y.
New Orleans, Molnle A Texas.—The Western Di¬
vision of this road was sold Nov. 18, 1874. Interest
in default since 1872.
(V. 21. p. 231, 5:35; V. 22, p.
233, 352, 568; Y. 23. p.
379.)
New Orleans, St. Louis
A Chicago.—Grossearnmga
$1,363,943.
year ending June 30. 1875, $3,184,320; net,
See annual report, Y. 22, p. 156.
Operated
necting line with Ill. Cent.
as a con¬
III. Central buys up
1873.
$200,000 per year of consol, mortgage bonds of
The Miss. Cent. 1st mort. bonds, due Nov., 1874, were
not all paid, and Jan., 1876, there was default
in
paymcr.t of interest.
Receiver appointed March,
1876, and roads noticed for sale March 17, 1877, in.
foreclosure of consol, mortgage by Illinois Central
Railroad. (V. 22, p. 68* 111, 156, 281, 328; V. 23,
p. 16, 160, 622; V. 24, p. 40.)
New York, Boston A Montreal—Proposed consoli¬
dation of several roads from New York to Rutland.
Company
defaulted in 1874 and now in
hands of
receiver; foreclosure pending. (V. 20, p. 386, 858,
383, 405; V. 21, p.16, 349; V. 22, p. 447, 471, 545, 568,
615; Y. 23. p. ICO.)
New Yot'k A Canada.—The bonds are guaranteed
by the Delaware & Hudson Canal Co. Road opened
through Oct.. 1875.
(V. 21, p. 207.)
New York Central A Hudson River.—The consoli¬
dation of N.Y. Csntral with Hudson Rivei was
made
1, 1869. The scrip dividend on N. Y. Central of
80 per cent was made in Dec., 1868. On consolida¬
tion, another 27 per cent was distiibuted on Central
stock and 85 per cent or Hudson. The mortgage
loan for $40,000,000 was to retire prior debt,
Nov.
and t**-
RAILROAD
zxiv
Subscribers will confer
a
STOCKS AND
New York Central d Hudson River—(Continued)—
Renewal bonds
2d mortgage, sinking fund (Hudson River)
f $30,000,(KM) ) coupon or regisf £2,000,000 J
tered.
N. Y. CitI/ Elevated—Stock
1st mortgage
New York d Harlem—'Common stock
Preferred stock
Consol, inort., coup, or reg. (for $12,660,000)
18/3
1873
—
m.,
g’d ($4,000,000)
moitgage, convertible
80
130
1804
1876
141
334
225
225
-
($1,000,000 authorized)
1st mortgage, new
2d mortgage, new
Pennsylvania—Stock
mortgage
Chattel mortgage
2d mortgage
General mortgage bonds
Northern Central—Stock
1st mortgage, State (Maryland) loan
100
100
500
50
50
500
500
50
500 Ac.
....
223
223
102
102
102
102
58
50
....
’07-’68
....
....
1800
180 9
....
1,000
.
Funding income bonds (P. T. A B.)
....
100
....
....
IOO
100
....
•
•
•
•
....
100
100
68.’09
1870
!
....
228
50
38
25
....
....
....
....
1,000
1,000
i 1873
1,000
1,000
1,000
£200
! 1874
! 18G5
1,000
1,000
1802
1870
500 Ac.
100 Ace.
100 Ac.
100
! 1870
1
1870
....
1867
1 1871
I 1874
| 1875
1870
1,000
I
1
1,450,000
500 Ac.
205,500
1,092,000
500,000
1,000,000
1,000
In 1875-6
the Company lost nearly $1,003,000 on gross receipts,
and saved $1,603,887 on cost of maintaining road
aud machinery, as compaied with 1874-5.
The
Harlem Railroad was leased April, 1873. The fol¬
lowing is a comparison for five years:
Cost of road
Gross
Net
Funded
and
1875 6.
1874-5.
1873-4
1872 8
1871-2
11,765,111 40,003,667
13,262,089 38,484,742
11,484,863 27,725.533
9,134,239 16,496,020
(V. 22, p. 41,591; V, 23, p. 329, 598.)
.
.
.
New
York
<ft
Harlem— Gross
New York, Housatonic & Northern.—Foreclosure
(V. 21, p. S49; V. 23, p. 549.)
pending.
New York, King ton & Syracuse. -Includes old
Rondoat & Oswego.
Sold m foreclosure May 2,
1875, for $750,000.
(V. 19, p. 366, 583; V. 20, p. 242,
314, 453, 615; Y. 21, p. 160.)
England.— This was formerly
The road was opeiated by
the trustees of the Berdell mortgage for several
years, and conveyed to the new company in July,
JB75. See report in V. 23, p. 375. Net income. 1875-0,
$263,012. The balance sheet, Sept. 30, 1876, gives
Stock issued $5,685,000, and Berdell toads not yet
exchanged $14,315,030.
Mortgage bonds due 1905,
$816,000. (V. 21, p. 81, 207, 533, 570; V.23, p. 279,
600, 675.)
^
2^
Jan.
J. N.Y., Gr. Central Depot.
J.
do
do
N.
do
do
J.
do
do
O. N. Y., St. Nich. Nat. B’k*
J.
New York.
1, 1903
July 1, 1894
do
do
do
do
May 1, 1895May,'1896
*
Q.-J.
N.
A A.
A N.
& J.
& S.
& S.
& N.
N.
S.
S.
A.
J.
O.
N.
J.
N.
Y., M. Morgan’s Sons. Nov. 10,1876
do
do
do
do
do
&
&
&
&
&
A
A
A
1878
1878 A 1881
do
do
do
Philadelphia Office.
do
do
do
do
do
do
do
do
Baltimore A Philadel.
Annapolis.
•
•
•
A J. J.
J.
J.
J.
J.
A.
J.
M.
A
A
A
A
A
A
A
34s
7
7
0 g.
7
7
0
7
7
7
7
7
3
7
J. New England Trust
J.
do
do
J.
do
do
J.
Boston, Office.
0.
do
J.
do
S.
do
0
u
New York, New Haven cfc Hartford.—Net income
1875-76, $1,740,621, against $1,872,125 in 1874-5. (V.
20, p. 62; V. 22, p. 1 5; V. 23, p. 600; V. 24, p. 03.)
New York & Oswego Midland.—Interest in de¬
fault since 1873. Receivers’ certificates have been
a surplus of $96,051 above in¬
and dividend payments. Full report V. 21,
p. 464; V. 23, p. 621.
North Carolina.—Leased September, 1871, to Rich¬
mond & Danville Railroad at $26<),000 per annum.
In March, 1875, the gauge was changed. Dividends
Co.
A.
M.
F.
A.
J.
F.
F.
J.
F.
F.
M.
J.
New
do
do
July, 1885
April, 1900
July, 1900
July, 1900
April, 1880
July 1, 1904
Jan. 1, 1926
Dec. 1, 1876
July, 1876
do
do
London.
York, Office.
do
Nov., ’77
Philadelphia, Office.
coup, due
....
do
do
do
do
do
do
do
do
Boston, Office.
do
do
do
do
do
1878
Jan. 10, 1877
Mar., 1890
York, Office.
New
do
'
July 1, 1877
July, ’75 to ’77
July 10, 1876
Oct. 1, 1876
Jan., ’78 to ’70
.
A S.
A O.
A J.
A J.
A O.
A N.
1st
A A.
A O.
A J.
A A.
A A.
A J.
A A.
A A.
A S.
A D.
1903
•
Nov. 1, 1905
Mar. 1, 1875
April.1, 1882
Jan. 1, 1898
Jan. 1, 1898
April, 1911
May 1, 1883
Nov. 1, 1905
Feb.
1, 1896
Apr. 1, 1882
July 1, 1890
Feb. 1, 1896
Feb. 1, 1896
Jan. 1, 1877
Aug., 1877
Aug. 1, 1881
March, 1894
June 1,1895
1886
Northern Pacific.—Sold Aug; 12. 1875, for $100,000
pref. stock is issued to bondholders at the rate
of $1,400 for each $1,000 bond, and this incliMes theinterest funded to July, 1878.
This stock Is ex¬
changeable for land at its par value. To Sept., 1876,
$25,000,000 of bonds had been so exchanged, leaving
about $5,0 )0,000 yet out. (V. 22, p. 135, 159, 209; V.
23, p. 2.5, 330, 401; V. 24, p. 40.)
and
Norwich & Worcester.—Leased February, 1369, to
Boston, Hartford & Erie for 100 years at 10 per cent
per annum on cost. Dividends paid of 10 per cent
per annum. Gross receipts in 1875-6, $728,080; net,
$311,965. (V. 21, p. 590; V. 23, p. 548.)
terest
of P per cent, are paid on stock, of
of North Carolina holds $3,000,000.
which the State
(Vol. 16, p. 653;
V. 17, p. 155, 218; V. 20, p. 267; V. 21, p. 39 J.)
Northeastern, S. C.— Gross earnings in 1875-6,
$382,273; net, $161,813.
North Pennsylvania.—Gross receipts iu year 1875-6,
$1,675,865; net, $786,519; surplus above interest,
$326,403. (V. 22, p. 1 34; V. 24, p. 62.)
Northern Central.—Tiie annual report for 1875 in
Chronicle, V, 22, p. 278, shows gross earnings,
$1,926,247; expenses, $3,362,123; net, $1,564,124.
The total net income was $1,706,639, of which
$1,247,176 was paid for interest and rentals, leaving
net income,
$459,463. equal to 7 86-10) percent
upon the capital stock of the company. The 5 per
cent $3,000,030 mortgage is to exchange for incomes
of 1872.
(V. 20, p. 267, 336, 3 5 5; V. 22, p. 257.)
Northern New Hampshire.—Net
year 1875-6 was $120,810. (V. 22, p.
income fiscal
565.)
Northern of New Jersey.—Operated by Erie at 35
per cent of gross earnings, which in 1875 were
$273,991.
(V. 23, p. 488.)
r
April 1, 1376
City, Hudson Co. B’k.
•
M.
A.
J.
J.
May, 1875
Sept. 1, 1899
Sept. 1, 1899
Aug. 1, 1876
Jan. 1, 1885
Apr. 1, 1877
May 1, 1896
Irredeemable.
J. Baltimore, 1st Nat. Bk.
0.
do
J.
do
O.
do
O.
do
J.
London A Baltimore.
J. Baltimore, 1st Nat. Bk.
D.
Boston, Office.
'
.
July 1, 1899
Sept., 1)876
Sept., 1876
1877 A 1888
Charleston.
Q.-J.
J.
A.
J.
A.
A.
J.
J.
J.
do
do
do
Company Shops, N. C.
J.
•
July 1, 1902
N. Y., G. Opdyke A Co.
5
6
7
2
4
8
8
•
2, 1877
2, 1877
May, 1900
Jan. 1, 1881
Oct., 1902
1884
“
1
.
Jan.
Jan.
Boston.
do
*
7
ings $46),231, leaving
and interest on bonds. The Fourth avenue horserailroad and real estate was retained. The extra
dividend April, 1876, was from profits of city line.
New York & New
Boston Hartf. & Erie.
'
63,299,924
1873-4,
London.
1903
M. &
M. A
M. &
F. &
J. &
A. &
M. &
J. &
M. &
8
8
3
0
10
7
7
3
0
0
0
0 g.
0 g.
7
G g.
5
New York, Providence & Boston.— Annual report
for fiscal year ending Sept. 1, 187 ti, showed net earn¬
earnings
N. Y., Union Trust Ce.
Dec. 15, 1887
S.Y,, Grand Cen. Depot.
June, 1885
N. Y., Union Trust "Co.
Jan. 1, 1903
J. A J.
M. A N.
M. A N.
4
92,506,503
78,014,954
$2,856,525: operating expenses, $1,719,384; net
earnings, f 1,147,141. Leased to New York Central
at 8 percent per annum (payable J. & J.) on stock,
D.
D.
J.
J.
Stocks—Last
Dividend.
Jan., 1905
J. & J. N.Y., Grand Cen. Depot. Jan. 1, 1877
F.
M.
J.
M.
M.
M.
96,355,774
N. 7. City Elevated.—Securities admitted to N.
Y. Stock Board Jan., 1877. tV. 24, p. 41.)
J.
J.
0
0
7
3
3
8
Issued, and the floating debt, Sept. 30, 1875, was $6,Last funding plan V. 21, p.278. Decree
411,CO).
of foreclosure made Oct. 2, 1876.
(V. 21. p. 40, 64,
186; V. 22, p. 352, 447; V. 23, p. 233, 329, 351, 526,
549, 582, 622.)
Receipts. Receipts.
Debt.
equipm’t.
$28,016,588 $11,922,417 $40,401,263 $97,822,811
*9,027,218
31,690,386
29,126,851
25,580,675
!
!
,
I
balance for third and fourth track, &c.
408,000
20,000,000
4,030,000
174,000
6,545,850
112,000
3,804,000
140,000
1,915,000
1,500,000
580,000
500,000
1,155,000
300,000
6,733,800
100
100
i
313
500,000
1,000
1,000
303
303
—‘
148 i 1862
303
1808
303 1 1808
303 1 1871
....
Bonds
Bonds
1,000
1,000
....
....
120
217
Bonds
Bonds
Bonds
1,000
1875
....
....
Old Colony—Stock
1,000
....
00
00
122
loo
1st mortgage (Un. & Titusville RR.)
New mortgage, (Pitts. T. A B.)
500 Ac.
500 Ac.
....
....
Spring.. Div. (Sp.A Ill. SE.) 1st M. (for $3,000,000)
Oil Creek d Allegheny River— 1st mort.(W. & F.RR.)
1st mortgage (Oil Creek RR.)
....
....
21
21
550
Income and funded debt bonds
1st consolidated mort. ($3,478,000 are s. f.)
Consolidated mortgage, sterling
2d consolidated sinking fund mortgage
Debenture sinking fund bonds (for $1,000,000)...
50
•
....
82*2
Equipment bonds
Sinking fund bonds.-.
Ohio d Mississippi—Stock, common
Preferred stock (7 p. c. yearly, cumulative)
•
’74-’75
....
Preferred stock
.
1855
1805
1808
1808
1870
138
138
138
Ogdensburg d Lake Champlain—Stock
....
....
138
138
Northern Pacific—New preferred stock
Norwich d Worcester—Stock
1st mortgage, State loan, sinking fund
2d mortgage
500 Ac.
....
....
313
138
138
7 g.
7
7
7
7
7
3,000,000
1,000,000
380,000
890,350
9G,000
820,000
232,500
3,978,150
1,030,500
300,000
1,500,000
2,035,000
5,842,000
1,500,000
1,490,000
1,126,000
2,599,000
205,000
1,000,000
2,904,000
2,200,000
3,068,400
1,000,000
400,000
28,000,000
2,604,400
400,000
245,000
3,077,000
2,000,000
A
A
&
&
Whom.
M. A S.
J. A J.
5
G A7
1,200,000
3,000,000
76,000
250,000
837,000
1,000
1,000
1,000
’58-’00
1869
50
1st mortgage
•
ioo
....
1803
....
Northern, N. H—Stock
Northern of New Jersey—Stock
•
A
&
M. &
J. &
A. &
J. A
7
7
2,425^000
....
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupon
Consolidated mortgage, gold, coupon
do
do
do
registered
Income convertible bonds, coupon
Consol, mortgage, gold, s. fund, coup. $ or £
Mort. bonds (exchanged for incomes of ’72)
•
....
02
Mortgage bonds
....
1873
•
223
Northeastern (S. C.)—Stock, common
Pref. stock (8 per cent) exchangeable for 2d mort.
•
....
....
North Carolina—Stock, common
Preferred stock
100 Ac.
1870
02
02
Extension
r
.
....
1871
....
*
100
1873
1800
4
4
7
7
7 g.
7 g
5,085,000
028,000
343,000
15,500,000
2,000,000
8,000,000
2,500,000
1,500,000
3,800,000
1,000
j:
J.
J.
J.
Where Payable, and by
pal, When Due.
--
108,444
1,500,000
2,500,000
....
When
Payable
6
7
7
G g.
10,500,000
1,000
....
124
/f, Y', Prov. d Boston—(Stonington)—Stock
1st mortgage
1st
500 Ac.
500 Ac
1872
1872
....
Consolidated mortgage
North
1,000
00
150
2d mortgage, non-convertible
3d mortgage,
equipment
1st mortgage, western extension
General mortgage
50
50
1801
....
Kingst. d Sura.—1st
....
1872
132
1,794,000
16,805,000
9,733,333
1,500,000
1,730,000
7,500,000
1,550,000
....
....
Rate per
Cent.
$2,391,000
1,000
1,000
....
*
Outstanding
....
....
....
N. Y. d New England (Host., Hart/. <£ Erie)—Stock.
1st mortgages, old
1st mortgage, new
New York, New Haven, d Hartford—Stock
Harlem A Portckester, 1st mortgage guaranteed.
N. Y. d Oswego MIdland—1st mortgage, gold
.
840
840
Bonds—Princi¬
INTEREST OR DIVIDENDS.
Amount
*$1,000
....
....
Sinking fund
2d
1854
....
....
N. Y. Housatonhc d Northern— 1st mortgage
N. Y.
[January 27, 1877.
great favor by giving immediate notice of any error discovered in these Tables.
DESCRIPTION.
Miles Date Size, or
For explanation of column headings, Ac., see notes
of
of
Par
at the head of first page of tables.
Road. Bonds. Value.
New mortgage
jxew mort^aae
BONDS.
Ogdensburg & Lake Champlain.—Leased in March,
1870, for twenty years to the Vermont Central, but
lessee failed to pay rent, and receiver was appointed
October, 1876. (V. 23, p. 279, 336, 500.)
Ohio &
Mississippi.—There are also $97,000 of old!
mortgage 7s, W. Div., yet out. The annual re¬
port to June 30, 1876, was given in V. 23, pp. 301,
3 77.
Gross earnings were $3,382,032; expenses,
$2,539,725; net earnings. $842,J05.
The company
purcha-ed the Springfield Road, March, 1875, for
#2,000,000 in bonds secured on that road, and with,
privilege of funding coupons to Nov., 1877: of the
same mortgage bonds
$1,000,000 more were re¬
served for improvements. November 17, 1876, the
President, Daniel Torrance, and Mr. John King, of
the Baltimore & Ohio, were appointed receivers.
Interest on 1st mortgage was passed January, 1877.
(V. 22, p. Ill; V. 23, p. 301, 347. 377, 526, 549, 599;
V. 24, p. 64.)
1st
Oil Creek & Allegheny
consol, mortgage, Dec.
River.—Sold in foreclosure
29, 1875, for $10 >,009. New
organization made Jan., 1876, as Pitts. Titusv. &
Buff. RR. (V. 21, p. 40, 302; V.22, p.16,135,279,399.)
Old Co’ony.—There are $32,000 5 per cent bonds
due 1884.
Net income over operating expenses,
$754,053 in 1875-6, against $774,338 in 1874-5.
p.
86, 5UO.)
(V. 28,.
notice ot any error discovered In
Subscribers will confer a great favor by giving immediate
Miles
explanation of column headings, Ao., see notes J°fi
Road.
at the head of first page or tables.
Date
of
Bonds
Size, or
Value.
$1,000 $16,000
28^
1865
1866
1,000
1,000
58A64
1872
500 «fee.
500 Ac.
35
35
36
115
47
47
105
75
12
67
166
869
355
f.. T. if.
General mortgage, sterling
J.
Paris A Danville.—1st mortgage, gold, sinking fund
Paris A Decatur, (Ills.)—1st mort., g’d, sink. I’d
Paterson A Newark—1st mort., guar, by Erie
Pekin, Lincoln A Decatur— 1st mortgage
f
Peninsular (Mich.)—1st mort., gold, sink, fund
Pennsylvan ia—S tock
1st mortgage
Gen. M., Ph. to Pitts., coup., J. & J.; reg., A. & O.
State lien (pay’ble in annual iust’lm’ts of $400,000)
Consol. M., coup. J. & D., A reg. Q.—M. is. f. 1 p. c.)
Navy Yard bonds, reg
Pennsylvania Co.—Common stock
....
50
1867
1873
1872
1868
1871
’69.’70
100
£200
1,000
500
500 Ac.
1,000
50
,
1870
1,000
1,000
1873
.
1,000
50
50
mortgage, gold, (held by Pennsylvania RR.)..
Pennsylvania A Delaware—1st mortgage
2d mortgage
Pennsylvania A New York—1st mort., gnaran
1st mortgage, guaranteed
Peoria A Bureau Valley—Stock
Peoria, Pekin A Jacksonville— 1st mortgage
2d mortgage
Peoria A Rock I.—1st mort. (after $150,000 10s)
Perkiomen—1st mortgage
Consol, mort., gold, guar. P. & It., (sink, fund)
Petersburg—Stock
44
44
105
105
46
83
83
90 Lj
18
—
Philadelphia A Balt. Central—1st mort. (Pa)
2d mortgage (Pa.)
1st mortgage (Md.)
Philadelphia. A: Kris.—Stock, common
1st mortgage!
2d mortgage
2d mort-7 gold (for
T
$20,000,000),
.
guar
by P. R
100
500 Ac.
1,000
1870
1867
1873
100
1,000
100
1859
1869
1866
100 Ac.
100 &e.
100 Ac.
50
50
185*7
40
287
287
287
& Erie.
1,000
1,000
1864
82
82
82
36
36
10
287
(payable $25,000 yearly)
1861
1868
1869
1843-9
1857
1836
1836
Mortgage loans inconvertible
mortgage, convertible
sterling
do
do
do
Loan debenture
Loan mortgage
Consolidated mort., dollar loan, coupon or reg
do
do
gold, dollar or sterling.. !
do
do
dollar loan, gold,coup, or reg
Debenture loani (convertible 187(5-92)
Improvem’t mort. (dollar or sterling) sink’g fund.
Gen. mort., $ and £ (sink, fund 1 p. e. yearly)
Coal A Iron Co., guar. mort. (for $30,000,000). ..
Philadelphia A Trenton—Stock
745
750
26
20
100
98
Philadelphia, Germantown A Norristown—Stock
Philadelphia, Wilmington A Baltimore—Stock
1st mortgage, convertible
Plain bonds, loan
do
do
do
do
149
10
149
200
200
117
33
Pittsb. A Connellsville.—lHt mortgage
...
Turtle Creek division
1st
do
Consol, mort., guar. B. A O. (s. Ik £7,200 pr. vr.)..
Pills., C. A St. L— 1st m., cons, (for $10,000,000)
2d mortgage
1st mortgage, Steubenville A Ind.,
Col. A Newark Division bonds
reorganized...
!
interest 1874. Some
exchanged for lands. (V. 22, p. 79;
Omaha A Northwest.— Passed
bonds aud coup’s
Y. 23, p 175.)
>n all
hows
•22. p.
875
374
373
875.)
Oswego A Syracuse.—Leased to Del. Lack. & West,
for interest on bonds and 9 per cent on stock.
Owensboi'o A Russelhi'le.—Novr Evansville, Ow¬
ensboro & Nashville. To be solctiu foreclosure.
Paditcih A Memphis.—Foreclosure proceedings
pending and sale ordered. (V. 21, p. 110; V. 22, p.
333: V. 23, p. 576; V. 24, p. 40.)
Panama.—A steamship line lately started. (V. 20,
p. 358; V. 21, p. 207, 231, 489; V. 2 i, p, 88, 233, 247,
305, 352, 308; V. 23, p. 500.)
Paris A
Danville.—Ot these bonds, $450,000 were
given for cqil mines at Danville, which are covered
(1,230 acres) by the mortgage. (V. 21, p. 186, 297; V.
34, p. 17.)
Paris A Decitur.—Consolidation. Now
Midland. (V. 19, p. 351: V. 21, p. 613.)
Illinois
A Newark.—Lately operated by Erie.
Stock is $250,000.
Pekin, Lincoln A Decatur.—Leased to Toledo,
Wabash A Western. Sold in foreclosure June 10,
1376, and reorganized. (V. 22, p. 217; V. 23, p. 109.)
Paterson
Peninsular.—'There is also a second mortgage for
$540,090. Defaulted May 1,1872. Coupons unfunded.
Gonsolidated with Port Huron & L. M. July, 1873.
(V. 17, p. 155, 650, 763.)
Pennsylvania.—The report for ’75 is given in V. 22,
253. 44.7- In May,’75, the dividend was changed
to the rate of 8 per cent per annum.
The direct
funded debt of the company is $59,000,000 ; in 1874
the liability as a guarantor of principal and interest
■was on
$33,983,600 bonds; annual liability addi¬
tional,on guarantees of interest or rentals, $13,862,319.
m.
1,000
1,000
1,000
13,413,500
100
50
50
500
1,259,100
2,231,900
11,536,250
1858
1867
1872-4
290,000
1,000,000
700,000
839,000
1,000
1,000
1,000
4,000,000
1,000
1868
1859 a oo Ac,
£200
1876
1.000
1868
1873
1,000
1864
1,000
400,000
0,500,000
6,222,000
5,000,000
3,000,000
775,000
1,000
1864
perate all the leased
Q.-M
&
A
A
&
&
4
7
6
7
6 g.
2*2
3*2
6
6
5 g.
6
7
•
••
•
7
7
6 g.
6 g.
7
6
6 g.
7
012
3
4.
6
6
6
<;
rr
i
6
6 g.
7
7
6
7
Railroad, formed to
lines west of Pittsburg. The
in close
Net earnings
Dividend of 7!4 percent paid on pre¬
stock, $2,000,000; common stock is $1,061,700.
Peoria A Bureau
Valley.—Leased perpetually to
Chicago, Rock Island & Pacific at $125,000 per year.
Peoria, Pekifi A JacksonvU’e.—In year ending
June 30, 1874, net earnings, $60,261.
Peoria A Pock Island.—To be sold in foreclosure.
old 10 per cent bonds of
$150,000. (V. 29, p. 141, 616; V. 21, p. 159. 349, 585;
V. 22, p. 56, 344, 463; V. 23, p. 647; V. 24, p. 64.)
Perkiomen.—Leased to Philadelphia & Reading.
Decree entered.
There
are
Petersburg— Gross earnings 1874, $240,145; net,
$103,373 (Vol. 19, p. 351; V. 20, p. 592: V. 21, p.
64, 372; V. 22, p. 135.)
Philadelphia A Baltimore Central.—Operated for
some time past, in Pennsylvania by trustees of first
mortgage bondholders.
Phil.,
interested. (V. 23, p. 526.)
May, 1915
Feb., 1891
Aug. 20, 1876
1880 A 1885
Feb. 1, 1892
Jan. 15, 1877
Oct. 10, 1897
Jan. 1, 1903
July 1, 1892
Jan. 1, 1878
Feb., 1900
May 1889 to’90
Nov. 29, 1876
&
A
&
&
&
A. New York and Louden*
O.
Pliila., 227 S. 4th st.
do
do
D.
J.
J. N.Y., Lancaster, B.ACo.
do
do
A J.
Philadelphia, Office.
do
do
A J.
do
A J.
do
Annually.
June 15,1905
1881
Oct., 1873
1903
1903
1903
June 1, 1896
June, 1906
Aug., 1876
July 1, 1894
Feb., 1900
Apr. 1, 1897
Juno 1, 1913
Jan., 1872
Jan., i879-’98
1902
....
-
Jan., 1879
Jan., 1900
Oct., 1891
J. Philadelphia, Pa. RR.
do
do
Oct. 1, 1877
O.
O. rhila.. Pa. Life A T. Co. March 31, 1881
do
do
J.
July 1, 1888
J. Philadelphia A London.
July, 1920
Jan. 25,1876
Philadelphia, Office.
Q.-J.
do
do
July 25,1876
Q*
do
do
1880
J. & J,
do
do
1886
J. & J.
1880
London.
J. A J.
1880
do
,T. & J.
1888
M. A S.
Philadelphia, Office.
London.
1877
I. A J.
1893
.T. A J.
Philadelphia, Office.
1893
do
do
A. A ().
do
do
June, 1911
J. A D.
Julie, 1911
J. A I). Philadelphia A London.
June, 1911
J. A 1).
Philadelphia, Office.
do
Jan. 1, 1893
do
J. A J.
A. A 0. Philadelphia or London Oct. J, 1897
J. A J. London A Philadelphia. July 1. 1908
1892
do
do
Various
Jan. 10, 1877
Philadelphia, Office.
Q.-.T.
Q.-M. Pliila., Treasurer of Co. Dec. 3, 1876
Jan. 2, 1877
J. A J. Philadelphia A Boston.
do
do
July, 1884
J. A J.
do
do
A. A O.
April, 1887
A. A O. Phil’delphia, Co.’s Office Oct, 1, 1892
do
do
A. A O.
April 1, 1900
J. A J. Balt., Balt. A Ohio RR.
July, 1898
F. A A. Pittsb., First Nat. Bank Aug. 1, 1882
J. A J. London, J.S.Morgan ACo Jan. 1, 1926
F. A A. Pliila., Pa. RR. Office.
Aug. 1, 1900
do
do
A. A O.
April 1, 1913
May, 188 t
M’ntlily N. Y. Agent, 57 B’w,ay.
Jan., 1890
J. A J. Pliila., Pa. RR. Office.
J.
A.
A.
J.
J.
A
A
A
&
&
J;
*
•
Pennsylvania A Delaware.— The lease of this road
Pennsylvania Railroad was ratified in 1874.
Previously operated under temporary lease.
1873, $448,361.
Philadelphia A London.
Philadelphia, Office.
F.
A.
J.
J.
J.
J.
J.
,T.
^
^
....
1910
do
0. Pittsburgh Co.’s Office.
A.
Philadelphia.
A.
Philadelphia, Office.
do
0.
do
D. Pliila., B’k N. America.
do
do
& D.
A A. N. Y., Chic., R. I. A Pac.
& J. N. Y., Imp. A Trad. B’k.
to the
ferred
do
A.
F.
F.
A.
J.
J.
F.
J.
7
m
Jan., 1880
A
4
7
7
7» g.
6
6 g.
3
8
8
7
7
6
J.
Jan., 1901
do
J.
82.589,537
is a corporation dis-
Lehigh Valley.
do
Stocks—Last
Dividend.
Philadelphia, Office.
A. A O.
8,247,852
Pennsylvania A New York— Operated
Philadelphia, Office.
A J.
Q.-J.
tock is owned by the Penn. Railroad. The finanial agent in London is the Joint Stock Bank.
V. 18, p. 192, 285, 350, 504, 584, 633; V. 19, p,
77, 473, 504; V. 20. p. 16, 86. 267, 314,425; V. 21, p.
30. 361. 458. 592: V. 22. d. 253; V 23, p. 16.)
connection with the
&
A
&
&
Q.-F.
J.
The following is a comparison
line and branches in PennNet
Total Stock
Earnings.
and Debt.
Earnings.
$20,493,251
$8,147,388
$128,096,560
113,010.000
9,396.924
22,642,371
9,445,704
105,784,075
24,886,009
22,012,525
Whom.
New York, Office.
O.
London.
New York, Office.
J.
J. New York and London.
J. N. Y., Erie Railway Co.
F, A A. N. Y., T. W. A W. RR.
New York.
M. A N.
operations east of Pittsburg, in 1875, the repor1
a net surplus of $1,034,929 over all payments,
-The Pennsylvania Company
inct from the Pennsylvania
pal, When Due.
Payable, and by
Q.-J.
A.
J.
J.
J.
es,
Bond#—Princi¬
N. Y., Kountze Bros.
J. & J.
M. & N.
Newark, Office.
A. A O.
Frankford 0. M.
M. & N. N.Y.,Farmers’ L.AT.Co.
do
do
F. A A.
F. A A. N. Y., Del., L. & W. RR.
do
do
M. & N.
F. & A. N. Y., Imp. A Trad. N.B.
3
7 g7
7
7
'
Where
Payable
four years on main
ylvania:
Gross
or
Oswego A Home—Operated by the Rome, Watorto\vn & Ogdensburg at 8 per cent on $30J,000 stock,
and interest on first mortgage bonds.
968,000
10,500,000
9,364,000
19,686,000
When
deluding dividends.
California.—Bonds nearly all placed in
Germany. After default in 1873, proposition offered
by Ben. Holladay, President. (See V. 19, p. 480; V.
Oregon A
2,700,000
10,688,000
7,000,000
C
f
3
7 g.
7
7 g.
7
7
7 g.
2
6
6
5
6
6
‘
79,500
182,400
967,200
495,900
134,400
1,138,900
1836
186S
1868
1871
1871
1871
1873
1873
1874
1872
7
8
5^000,000
1,000
Pennsylvania 1st mort., sinking fluid
Loan mortgage, sterling
4*2
3,000,000
8,680,000
32,725,775
1,551,800
1,510,500
1,000
East
6
7 g.
7
7
6,048,700
2,400,000
1,000,000
50
50
Preferred stock
7.30 g.
300,000
1,000
1,000
1,000
1,000
Philadelphia A Reading—Stock, common
Loan
do
do
3,000,000
8,000,000
7,096,000
1,083,000
519,000
1,500,000
1,500,000
1,200,000
1,000,000
1,000,000
1,500,000
621,000
1,200,000
1,324,200
500,000
300,000
800,000
400,000
1,000
1873
1873
1873
1866
1866
p.m.
*
1875
1st
Rate per
Cent.
546,000
10,950,000
350,000
200,000
1.320,400
124,000
1,500,000
1,541,000
7,000,000
2,794,000
2,500,000
1,200,000
500,000
1,076,000
3,800,000
68,870,200
4,970,000
19,999,760
5,007,360
29.250,000
.
....
Preferred stock
Preferred stock
let mortgage, Sunbury
Outstadaing
1871
Owensboro A Russellville— 1st mortgage
Paducah A Memphis—1st mortgage, gold
1st mort. bonds
2d
mortgage
Amount
Par
40
9
200
gold bonds.. Orange A Newark—1st mortgage
Oregon A California—1st mortgage
Os wtgo A Rome—1st mortgage guaranteed
Income mortgage bonds
Oswego A Syracuse—Stock, 9 per cent guar
Mortgage bonds
Omaha A Northwestern—grant
Fana/wo^-Stock?
tbese Tab
INTEREST OR DIVIDENDS.
DESCRIPTION.
For
BONDS.
AND
STOCKS
RAILROAD
January 27,187 *.]
Wil. & Balt, largely
Philadelphia A Erie.—Leased February, 1862, for
999 years to Penn. Railroad, but without any guar¬
antee of bonds.
Gross earnings. 1875, $3,366,897;
earnings, $1,137,413.
The Penn. Railroad is
(V. 20, p. 8, 243; V. 22, p. 20«.)
Philadelphia A Reading.—The report for 1875-6, ia
given at length in V. 24, p. 38. President Gowan
reviews the year 1876, and gives the facts bearing
upon the Company’s financial condition and pros¬
pects. The trustees of 1 he general mortgage hold
net
creditor $234,244.
the mortgage of the Coal & Iron Co. A comparison,
of statistics for three years is as follows:
1874-5.
1875-6.
1873-4.
Gross earnings.. . $14,452,121 $12,660,927 $12,227,511
Op. expenses
Net
earnings
8,731,916
8,510,350
$5,720,205 $4,530,768 $3,717,161
58,155,138
—(V. 20, p. 358; V. 21, p. 458;
p. 40, 452; V. 24, p. 38.)
Funded debt
8,130,159
57,134,111
V. 22,
p.
109; V. 23,
Philadelphia A Trexton.—Leased to Pennsylvania
Railroad w ith United New Jersey companies at 10
ir cent on stock.
Philade phia, Germantown A Norristown.—Leased
r 999 } ears to Philadelphia & Reading at 12 per
:nt. on stock.
Philade lphia. Wilmington A Baltimore.—Net earn'
gs, year ending Oct. 31, 1875,
nail surplus of income above
dividends.
5 6.
>nf
$1,240,303, leaving a
payment of 8 per
Last annual report in V. 22. p.
Pittsburg A ConneUsviVe.—Interest was
in de¬
mit to city of Baltimore, which owned a largo
nount of the bonds, and a transfer was made May,
175, to Baltimore A Ohio RR. for $1,000,000. (V*
!, p.
; v. 19, p. 17; V. 20, p. 291, 546; Y. 21. p.
61.)
Pittsburg, Cincinnati & St. Lou is.—1This company
several roads and is itself controlled by the
ases
ennsylvania Co., which holds a majority of the
ipital stock. Common stock, $2,508,700; Jat pref.,
2,928.600 ; 2d pref., $3,000,000.
Net earningg,
175, $733,962. Annual report, 1875, V. 22, p. 519;
r. 23,
p.
*54.
RAILROAD
xxvi
Kubscrlbers will confer a
For explanation of column headings, Ac., see
at the head of first page of tables.
Pittsburg, Ft. Wayne A Chicago—Stock, guar.
Special improvement stock, guaranteed—
1st mortgage (series A)
1st
1st
1st
1st
2d
2d
2d
2d
2d
2d
3d
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
notes
4-
4(58
4(58
4(58
4(58
4(58
4(58
CJ
%
^
^
r
A
cr cs
4(>S
^ o
C
4(58
4(58
4(58
4(58
4(58
rT>
C
c
4(58
408
+*
408
PQ
Pittsburg, Ft. Wayne & C’liic.
construction bonds.
Equipment bonds (renew ed)
Piitsb., Va. <& Charleston—1st mortgage, gold
Plymouth, Kank. A Pac — 1st in. ($3,(500,000)
Port Huron d• L. Mich— 1st mort., traf. guar
Portland c£ Ogdensb.—1st mort., E. D., gold .
New mortgage (for $3,300,000)
1st mortgage, Vermont Diw, gold
Portl. <£• Rochester— 1st mort., s.
1st mortgage, equal lien
1st mortgage, gold
Port Royal (S. C.)—1st
107*2
00
02
fund, “I>
.
gold.
mortgage, convertible,
Portsmouth, Gt. Falls A Conway—Stock
Bonds (not mort.) guaranteed by Eastern
Providence A Worcester—Stock
1113.1
71
71
07
44
50
50
RR
Mortgage bonds
Reading A Columbia— 1st mortgage, coupon.
•
2d mortgage, coupon
Reading A Lehigh—1st mortgage
Rensselaer A Saratoga—Stock
1st mortgage, consolidated
181
142
10
...
sinking fund loan
Bonds, guaranteed by State
State
Ac.
Ac.
Ac.
Ac,
Ac.
Ac.
Ac.
Ac,
Ac,
Ac.
Ac.
1,000
1,000
1,000
1,000
1,000
1871
1871
1809
1,000
1872
100
500 Ac.
100
1870
1S02
1804
1,000
100 Ac,
1,000
ioo
1871
1,000
100
registere d
142
49
29
1874
23
New general mort., gold (for $(5,000,000)..
Piedmont branch, 1st mortgage
Northwestern, N. C., 1st mort., guar
1870
1875
860,000
860,000
860,000
2,000,000
100,000
1,000,000
1,000,000 r
20,000 i>. Ill
1,800,000
800,000
1,124,000
2,300,000
700,000
350,000
450,000
1,500,000
500,000
2,500,000
770,000
486,000
2,000,000
500,000
650,000
350,000
1,500,000
7,000,000
1,925,000
4,000,000
508,486
157,800
1,768,500
500,000
500,000
67,778
299,917
450,000
175,000
31,000
1873
Potomac—Bonds, ster
Dollar loan
Coupon bonds of 1881
Richmond A Petersburg—1st mortgage coupon
New mortgage
218
97
190
190
300
120
Ogdensburg—Stock
1st sinking fund mort., Wat. A R
General mortgage, sinking fund
Rome, Watertown A
2d mortgage
Consol, mort.., convert, till
Rutland—Stock, common
July, ’70. coup.
1855
1801
1872
1874
Preferred stock
120
120
120
112
170
200
Equipment mortgage bonds
do
do
New
general mortgage
St. Joseph A Denver City— 1st m. gold. E. div
1st mortgage, Western division, land grant
St. Louis. Alton A Terre Haute—Stock.
Preferred stock (7 per cent yearly, cumulative)..
1st mortgage (series A) sinking fund
1 r o— 1st mortgage (series B) sinking fund
;=
X
2d mortgage, preferred (series C)
1
2d mortgage, preferred (series D)
!
-f.
2d mortgage, income
| -
1804
1804
1804
1804
1804
1870
-
►
,
-
Equipment mortgage
Si. Trouts. Iron Mountain d:
1
^
Southern—Stock
1st mortgage, coupon
2d mortgage, gold, coupon, may
680
210
210
680
be registered—
Cons. M. gold (s. f. after 1880), coup., maybe reg.
Arkansas Branch, 1st mortgage, gold, land grant;
Cairo Ark. A Texas, 1st mort.. gold, coup or
Cairo A Fulton, 1st n ort., gold, or road and land!
St. Ij. Kansas City A X.— Stock ($12,000,000 pref.)
j
1st mortgage (North Missouri)
Real estate and railway 2d mort. (for $3,000,000)1
100
reg.l
Pittsburg,
Fort Wayne A
Chicago.—This road
leased July, 186'.#, for 999 years, to Pennsyl¬
vania Railroad, at a rental equivalent to interest,
sinking fund of debt, and 7 per cent on $1^.714,280
stock, which was increased at that time from
$11 ,500,000. The lease was transferred subsequently
was
to the Pennsylvania Company. The lessees to keep
the road in repair, and also pay taxes, expenses,
etc.
Pittsburg, Fort Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads;
which in turn are leased again by Pennsylvania Com¬
New stock of $4,100,000, issued to Penn.
under article 16
of lease; guaranty on old stock noL affected. Net
earnings, 1875. $3,278,398. Sinking fund for bonds,
$1,763,850. (V. 22, p. 5 8 8.)
pany.
Railroad for improvements, &c., is
Pittsburg Virginia A'Charleston.—Of these bonds
the Pennsylvania Railroad owns $500,000.
Plymouth, Kankakee
A Pacific.—In foreclosure.
491;‘ V. 21, p. 372.)
V. 19, p. 120; V. 20, p. 314,
Port Huron A Lake Michigan—1This forms part of
the Chicago & Lake Huron consolidation, with Pen¬
insular of Michigan. Interest wa6 in default Nov.,
1873, and foreclosure is pending.
22, p. 375.)
(V. 20, p. 357; V.
Portland A Ogdensburg.—The two d vinous were
consolidated March 1875 as one company, and a
mortgage of $8,000,000 on whole line proposed. In
March, 1876, Co. passed the interest on Portland
city bonds. (V. 21. p. ISO, 396, 613; V. 22, p. 182; V.
22, p. 364,418; V. 23, p. 86.)
Portland A Rochester—'Set earnings year ending
August 31, 1875, $33,659. Interest in default. (V.
23, p. 354, 377.)
Portland, Saco A Portsmouth—Leased March 18,
1871, to Eastern Mass. Railroad for 99 years at 10
per cent per annum; modified Dec., 1875, to 6 per
cent for two years. (V. 21, p. 872, 434, 602: V. 22, p.
663.)
Port Royal.—The Georgia Railroad guarantees
$590,000 of these bonds; Jja’ance in default. (V.
1870
1870
1872
1809
1870
72
300
1,000
100
100 Ac,
500 Ac,
3,147,600
799,900
1,200,500
1,000
100
100
100 Ac,
100 Ac.
100 Ac,
500 Ac.
100 Ac.
100
100
1,000,000
3,000,000
2.479.700
4.168.700
500,000
500,000
1,212,000
1,500,000
5,500,000
2,300,000
2,468,400
1,000
1,100,000
500 Ac.
1,100,000
1,400,000
1,400,000
1,700,000
300,000
1,000
1,000
1,000
500 Ac.
1,000
100
1867
1872
1874
1870
1872
1870
1,000
1,000
1,000
1,000
1,000
1865
1,000
1874
1,000
1,000
100
582
354
354
20, p. 291, 433;
V. 21,
p.
7
19,479,653
4,000,000
5,927,000
1,017,000
2,500,000
1,500,000
8,000,000
24,000,000
6,000,000
1,000,000
N.
Roads—Princi¬
pal, when Due.
Stocks—Last
Dividend.
by
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
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 19*12
J.
A.
S.
O.
N.
D.
J.
A.
S.
O.
N.
D.
O.
J. N. Y., Winslow, L.
do
do
S.
July 1, 1912
July 1, 1912
1912
1912
1912
1912
July 1,
July 1,
July 1,
July 1,
July 1,
Jan. 1,
Mch. 1,
A Co.
.
Philadelphia.
....
1877
1877
Jan. 2,
Jan. 2,
Y., Winslow, L. A Co.
1912
1887
1884
.
.
.
July 1, 1901
May 1, 1899
Jan., 1900
Nov., 1901
May, 1891
July 1, 1887
Oct. 1, 1887
Sept. 1, 1891
Jan. 1, 1877
7
New York.
J. A J.
New York.
M. A N.
J. A J. Boston, First Nat. Bank
do
do
M. A N.
M. A N. New York and Boston.
J. A J. Boston, Columbian B’k.
do
do
A. A O.
do
do
Various
J. A J.
Boston, Office.
do
do
M. & N. New York and London.
J. A J. Bost., Eastern RR. Co.
do
do
J. A D.
J. A J.
Providence, Office.
do
do
J. A J.
M. A S. N. Y., Union Nat. Bank.
J. A D. Columbia, First Nat.B’k
4
7
J. A J. N. Y., Nat. B’k Com’rce.
M. A N. N.Y., Del.A H.Caual Co.
Jail,
7
7
o
6
6
6
7
6
3
6
7
3
6
4
6
7
g.
g.
g.
g.
g.
g.
g.
T
8*
6*70
6 g.
6 & 7
8
8
7
3
7
7
7
7
....
....
J A J.
J. A J.
M. A N.
6
6
1,092,000
....
A
A
A
A
A
A
A
A
A
A
A
A
A. A
J. A
M. A
J.
F.
M.
A.
M.
J.
J.
F.
M.
A.
M.
J.
7
7
7
7
7
7
7
7
7
7
7
7"
7
7
8
875,000
875,000
875,000
875,000
875,000
860,000
860,000
860,000
Ac.
.
Consolidated mortgage, coupon or
Rich'd, Fredericksburg A
1871
1809
1870
500
500
500
500
500
500
500
500
500
500
500
500
Q.-J.
Q.-J.
13i
134
$100 $19,714,285
100
4,333,948
500 Ac.
875,000
i'si
(for $2,000,000)
TtieKunmul & nanrU/e—Stork
1871
18(52
1802
18(52
1802
1802
1802
18(52
1802
1802
1802
1803
1802
1802
1857
1874
100 Ac.
52*o 1807-9 500 Ac.
52*2 1870 500 Ac,
500 Ac.
52*2 1871
100
52
52
1876
110
f. (Portl. loan) “A”.
2d
do
(Portland loan) sinking
Portland. Saco A Portsmouth—Stock
discovered In these Tables.
INTEREST OR DIVIDENDS.
Miles
Date Size, or
Amount
Rate per When Where Payable, aud
Par
of
-of
Outstanding
Whom.
Cent.
Payable
Road. Bonds Value.
.......
K
C
D
E
F
G
H
I
K
L
M
do
[January 27, 1877.
BONDS.
great favor by giving immediate notice ot any error
DESCRIPTION.
1st
AND
STOCKS
July 15, 1873
Dec. 1, 1892
June, 1884
i,
1877
Nov., 1921
1880
Jail. 1,1875
1875 to ’90
do
Y.,City Nat. Bank.
N.
1, 1877
Jan.
July 1, 1880
Mch. 1, 1882
Richmond, Office.
do
do
....
1889
Nov. 1,
1888
A. A 0. New York or Richmond
London.
J. A J.
Various
Richmond, Office.
do
J. A J.
A. A 0.
Richmond, Office.
do
do
M. A N.
J. A J. N. Y., Farm. L. A T. Co.
do
do
M. A S.
do
do
J. A I>.
do
do
J. A J.
do
do
A. A O.
....
1875*
1875
1881-’90'
1880 to ’86
May 1, 1915*
July 15,1875
Sept. 1,1880*
Dec. 1, 1891
1,1892
July 1,1904
Jau.
1875-
"
7
8
Feb.
8
8 g.
8 g.
F.
M.
M.
M.
F.
F.
A
A
A
A
A
A
A.
Boston, Treasurer.
do
*
do
N.
do
do
S.
do
do
N.
A. N. Y., London A Frank.
do
do
A.
J.
A.
F.
M.
M.
M.
3*28
A
A
A
A
A
A
J. N.
O.
A.
N.
N.
S.
F.
M.
A.
J.
J.
J.
A
A
A
A
A
A
A. N.Y.,Office 20 Nassau st
N. New York or London.
do
do
O.
D. New York, Co.’s Office.
do
do
I>.
do
do
J.
May
2,
i; 1880
Sept. 1, 1880
Nov. 1, 1902
Aug., 1899
May 15,1900
July 6,
“3
7
7
7
7
7
10
do
do
do
do
do
do
do
do
do
do
i.874
1894
1894
1894
1894
1894
1880
Y., 0trice 12 Wall st.
~
7
7
7
7
7
g.
g.
g.
g.
g-
7
7
J. A J.
M. A S.
7S; V. 22, p. 591; V. 23, p.
526.)
Portsmouth, Great Falls & Conway.—Opened in
1872, and is leased by Eastern Railroad, Massachu¬
Aug. 1, 1892
May 1, 1897
April 1, 1914
June 1, 1897
Juno 1, -1897
Jan. 1, 1891
N.Y., Nat Bk of Com’rce July 1, 1895
do
do
Sept. 1. 1904
$1,167,824; expenses, $885,585; net
earnings, $282,239.
The Lake Ontario Shore Road has been consoli¬
dated with the Rome, Watertown & Ogdensburg,
and is in progress to Niagara.
(V. 19, p. 169; V.
20, p. 8, 163, 311; V. 21, p.
442; V. 22, p. 493.)
setts.
Providence A Worcester.—Net earnings year end¬
ing September 30, 1876, $220,(01; floating debt,
$l,4b0,000. (V. 21, p. 590; V. 23, p. 548)
Reading A Columbia.—This road is operated and
by the Philadelphia & Reading Railroad.
controlled
Floating debt, $1,093,494.
Reading A Lehigh.—This was the Berks County
road; sold odt, and leased to Philadelphia & Read¬
ing, March, 1875, for 99 years. (V. 20, p. 63, 267.)
Rensselaer A Saratoga.—Leased May 1, 1871, to
Delaware & Hudson Canal Company, which pays in¬
terest on bonds and 8 per cent on stock.
In 1872-3
the net surplus to lessee was $201,597. (V. 20, p. 244.)
Richmond A Danville.—Gross earnings 1874-5,
$923,05?; net, $323,447.1 This company leases the
North t 'arolina Railroad and the Piedmont Railroad,
and forms a through route with the Atlanta & Rich¬
mond Air-Line. The Penn. Railroad owned $600,000
stock of the Richmond & Danville, and took $1,000,000 of the new bonds at 80. (V. 20, p. 8, 291, 568;
V. 21, p. 614; V. 22, p. 180.)
Fredericksburg A Potomac. — Gross
earnings 1875-76, $367,9H9; expenses, $177,793; net
earnings, $190,175. (V. 21, p. 612; V. 23, p. 621.)
Richmond,
Richmond
A
Petersburg.—Gross earnings year
ending Sept. 30, 1876. $137,407; net,
p. 15; V. 24, p. 6*2.)
Rome, Watertown A
in V.
$60,091. (V. 22,
Ogdensburg.—'The last report,
22, p. 493, shows gross
earnings in 1875 of1
Rutland.—Leased January,
1871, to the Vermont
Default
(V. 21, p.
Central. Terms modified in July, 1874.
made on rental, and le:ise again modified.
185,190; V. 22, p. 209; V. 23, p. 1IO.)
St. Joseph A Denver City.—The road was sold in
foreclosure Nov., 1675, and re-organized under two
companies. See V. 23. p. 182. (V. 21, p. 40, 418;
442, 505; V. 22, p. 234, 297, 415.)
St. Louis, Alton A Terre Haute.—The main line—
Terre Haute to L.St. Louis—wus leased June, 1867,
for 90 years, to Indianapolis & St. Louis at
per
cent of gross earnings up to $2,000,000 (but
no
year to be less than $450,000). In 1875 gross earn¬
30
in
The
Committees’ report against Tilden and
ings were $1,019,837, against $1,254,136 in 1874.
Belleville Branch and Extension earned net in
$103,661.
others, purchasing
p.
committee, V. 23, p. 208. (V. 20,
380, 516, 571; V. 21, p. 64; V.
St. Louis,
tion in 1874.
1975,
22, p. 351.)
D'on Mountain A Southern— Consolida¬
Gross earnings, 1875, $3,892,941; net,
$1,613,923. In March, 1875, the company issued a
proposal to fund three coupons on all bonds except
substantially accepted,
Nov.. 1876, and subsequently are
paid only in part; see statement, V. 23, p. 452. (V.
20, p. 244, 616: V. 21, p. 614; V. 22, p. 209, 32«.)
the old firsts, which was
but coupons due
St. Louis,
Kansas City A
Northern.—Unit the stock
cent yearly, hut not cumulative.
in 1875, $2,643,833; net, $547,279.
Floating debt, $1,686,772, to be retired with second
pr« f., 10 per
Gross earnings
is
mortgage bonds.
23, p. 295, 379.)
(V. 21, p. 169; V. 22, p.
'
542; V.
RAILROAD STOCKS AND BONDS.
January 2?, 1877.]
by giving Immediate notice of any errors
Subscribers will confer a great favor
*
DESCRIPTION.
For
Miles
Date Size, or
Par
of
of
Road. Bonds Value.
explanation of column headings, &c., see notes
at head of first page of tables.
Amount
Outstanding
$....
St. Louis Lawrence d Denver—1st mort., gold
St. L.d S.Francisco— 1st M. (So. Pac.), g.,(I’d grant)
1st mort. (Cent. div. At. A Pac.), gold
do
do
do
laud grant
gold. conv. s. fund
Consolidated mortgage, gold, sinking fund
Evansville Hondersou & Nashville, 1st mort
St. Louis Vandalia d Terre Haute—1st M. s. f. guar
2d mort., sink, fund ($1,(300,000 guar.)
T
St. Paul d Pacific—First Division—
1st M., 10 miles, St. P. to St. Anthony
.9 2d M., St. Paul to Watab. ($700,000)
3d M., land gr’t, St. P. to Watab. ($1,200,000)
Consol, laud gr’t
do
($2,800,000)
w
1st M., St. Anthony to 150 miles west
2d M.,A 1st 1. g., St. A. to 150m.W.($3,000,000)
a
3d M., 1. gr. oil 150m. W. of St. A. & 1st M. on
St. Louis d Southeastern—1st M.,
500 Ac.
500 Ac.
1868
1871
1871
203
35
Equipment bonds
Land debentures
....
7j 188,500
i,189,000
795,000
753,000
400,000
•1874
60-71
1872
1867
1867
1868
210
420
08
158
158
6
0
0
o
10
10
7
7
7
7
7
$1,020,000
1862
1,000
1862
1862
1,000
210
1868
1,000
250 Ac.
250 Ac.
1865
1864
1864
60m. more with 1. gr. ($600,000)
4th M., St. P. to Breckeiiridge, 2d on I’d gr.,
3
150m. ($3,000,000)
St. Paul d Pacific—1st mortgage bonds
St. Paul d Sioux C.—Pref. stock, (Div. on $475,000)
Common stock
■■
Sandusky Mansfield d Neicark—Re-organized stock
1st mortgage, new
■Savannah d Charleston—C. & S.„ guar, by S. C
Funded int. bonds, S. & C. RR., guar, by S. Car...
1st mortgage, Savannah & Charleston RR
Savannah d Memphis—1st mortgage, end. bv State
Schuylkill Valley—Stock
Seaboard d Roanoke—Stock
1st mortgage
Selma d Gulf— 1st mort., guar, by Alabama
Selma Marion d Memphis— 1st mort., end. by
Selma Rome d Dalton—1st mortgage
2d mort., Alabama & Tenn. River RR
220
140
121
121
116
116
101
101
40
23
80
40
50
100
100
Ala..
mortgage extension
Shenango d Alleghany—1st mortgage
Shore Line (Conn.)—Stock
1st mortgage, construction bouds
1st
I’d grant
242
242
242
sterling loan
dollar bonds (L)
do w
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. d No. Alabama—1st M., endorsed'bv
Alabama.
AN
Island—1st mortgage (S. Side)...
2d mortgage S. Side (1st mortg. s. fund)
Mortgage bonds, Southern of L. I
Southern of Long
Southern Central (N. Y.)—1st mortgage
2d mort. gold ($400,000 end. by Lehigh V. RR.).
Southern Iowa d Cedar Rapids— 1st mort., gold
"
Southern
PacifidCal.)—1st mortgage, gold
Southiccslern (Ga.)—Stock,
guarant’d7
per annum
stock at par
Springfield Athol d N. E.—1st mortgage..
Sterling Mountain (X. 1'.)—1st mortgage
■Stockton d Copperopolis— 1st mort., (guar, by C. P.)
Syracuse Binghamton d N. Y.—Stock
Company bonds, convertible into
183
183
57
57
60
116
116
87
170
170
600
24
257
48 ^
7
30
81
81
45
Syracuse Northern—1st mortgage
St. Louis, Lawrence & Denver.— Leased to Pacific
of Mo. A decision of much interest to bondholders
of leased reads was rendered by Judge Dillon, in a
suit against the lessee for inte est. but that suit was
discontinued, and another brought in name of Trus¬
(V. 19, p 377; V. 21, p. 372; V. 23, p. 403.)
S/. Louis <£ San Francisco.—This is the reorgani¬
zation of the Atlantic & Pacific, sold in foreclosure
tees.
Sept. 8, 1876.
The stock is. $1,400,000 old on Cent.
Whom.
N.Y., Nat Bk of Com’rce
N. Y.t Trask A Stone.
do
do
do
do
do
do
do
do
N. Y., G. Opdyke A Co.
do
do
do
do
N. Y., Third Nat. Bank.
do
do
1881
do
do
In default.
do
do
do
Q—J •
July, 1888
Nov., 1891
Nov. 1, 1901
June 1, 1885
Jan. 1, 1884
Nov., 1894
N.Y.,J.S. KennedyA Co.
A J.
M. A N.
In 1901
J. A D.
J.
1892
1894
1894
M.
F.
J.
J.
M.
A N.
A A.
M.
J.
J.
J.
S.
J.
D.
I>.
A.
N.
M. A N.
do
J.
J.
A B.
A J.
do
do
1900
1901
St. Paul, Office.
Oct., 1876
IstN. Bk., Sandusky, O.
N. Y., Union Trust Co.
Oct. 1, 1875
do
Jan. 1? 1889
May 1, 1890
Jan., 1877
Nov. 1, 1876
g.
g.
A J.
A J.
A N.
A
A
A
A
F. A
M. A
100
....
50
i860
1,000
1853
1868
1860
1870
500
100 Ae.
500
1,000
50
100
....
1,000
1,000
1860
m-
m
.
m
m
.
.
50
500 Ac.
i871
4
7
8
8.
7
8
7
3
7 g.
7
8
7
4
7
6
6
7 g.
8
7
1
5 g.
16,000 p. m.
16,000 p.m.
838,500
241,000
3,000,000
869,450
1,994,000
,
750,000
500 Ac.
100
100 Ac.
500 Ae.
500 Ac.
1865
1868
800,000
1,000
1,000
ioo
1868 Various
500
1868
1872
500
1866
100
1868
1870
1,000
1873
500 Ac.
1867
500 Ac.
1870
1874
500 Ac.
1860
1,000
100 Ac.
1872
1870
1868
1,000
1868
1,000
500 Ac,
1875
694,000
1,000,000
200,000
1,629,000
1,628,020
500,000
1,240,000
450,000
5,819,275
1,483,777
959,500
100
100 Ac.
1,000
500 Ac.
100
1,000
1,000
6
917,000
1,096,500
61,000
391,000
5,355,000
750,000
1,500,000
500,000
1,500,000
600,000
1,500,000
3,340,000
1,252,000
19,984,000
625,000
1871
1865
1875
1875
1867
1871
212
576,050
1,278,400
1,000
1864
1871
1860
1871
1871
1871
111,800
500,000
16,000 p.m.
2io;ooo
i870
.
1,500,000
15,000,000
2,081,800
2,400,000
1,050,356
2,301,000
505,000
3,892,300
399,000
416,000
350,000
500.000
2,000,400
270.000
500,000
*
Q.-J.
Aug.,
July 1,
Jan. 1,
May 1,
1902
1897
1897
1898
1892
1892
1898
•>
J. A
M. A
M. A
J. A
M. A
J. A
M. A
J. A
A. A
M. A
J. A
J. A
A. A
F. A
J. A
J. A
A. A
A. A
J. A
M. A
J. A
J. A
M. A
M. A
”
7
7
6
H g0 g-
7
7
7
7
7
7
8
«■
»r
7
6 g.
7 g.
3*2
7
7
7
5
4
r*
t
7 g.
St. Paul <fc Sioux City.—This company has 756,992
of land unsold. In 1875 $1,920,000 mort. bonds
were made, and are mostly deposited as
for the stock—at par for consol, stock, and at 119 per
$100 on pref. (V. 20, p. 544, 546; V. 22, p.
acres
security
470.)
N&ioark.—'This road is one
of the Baltimore A Ohio system; it is leased to the
Central Ohio, and the lease guaranteed by Baltimore
Sandusky, Mansfield &
(Y. 19, p. 584.)
Savannah & Charleston.—Interest in
A Ohio.
default. Road
A J.
J.
Division; $4,500,000 new 1st pref.: $10,000,000 pref.; in hands of State Comptroller. (Y. 20, p. 453, 491;
and $9,560,000 com. The Atl. & Pac. was a consoli¬ V.
21, p. 16; V. 22, p.613.)
dation in 1870, of the Atlantic & Pac. and So. Pacific.
Sav mnah A Memphis — Defau'ted after the crisis
The land grant amounts to some 1,000,000 acres.
of 1873. A funding proposition was offered. (V.
'Interest was passed Jan., 1874, and afterwards, and
19, p. 366 )
the road finally sold in foreclosure Sept. 8, 1876,
Schuylkill Valley— Leased to Philadelphia A Read¬
under the 2d mortgage. (V. 22, p. 61, 352, 374, 471.
ing, with 10 per cent dividends.
589; V. 23, p. 85, *32, 278, 352, 418.)
Seaboard
Roanoke.—Net earnings year ending
St. Louis & Southeastern.—In default and in hands March 1, 1875, $181,132. Report V. 21, p. 276.
<of receiver. See report at length in V. 22. p. 18 0.
Selma, Marion & Memphis.—Defaulted 1872. Re¬
ceiver, May, 1876. (V. 19, p. 066; V. 22, p. 487.)
(V. 22, p. 8\ IS#, 591; V. 23, p. 549.)
Selma, Rome & Dalton— This was formerly the
St. Louis, Vavdaiia
Terre TIaute —The com.
stock is $2,378.4 j0; pref., $1,451,700. This road is Alabama A Tennessee River. Interest in default,
leased to Terre Haute A Indianapolis at 35 per cent and road to be sold. (V. 19. ». 49.)
Shamokin Va ley d, Pottsvi’le.—Leased February.
of gross ear. ings. In 1875gross earnings,.$1,006,210.
Bonds guaranteed by Terre Haute & Indianapolis, 1861, to Northern Central,at 7 per cent on bonds and
by Columbus, Chicago A Indiana Central, aed Pitts¬ 6 per cent on stock.
Sheboygan & Fon d't Lac.—Went to default, 1873.
burgh. Cincinnati A St. Louis. (V. 22, p. 520.)
St. Paul <6 Pacific, First Division.—The bonds of A funding plan was offered.
Shenango & Alleghany— Leased to Atlantic A
(tlie Firpt Division of the St. P. A P. HR. Co. are
.nearly all held in Holland. The third mortgage of Great Western, and “ rental trust bonds” issued.
1375, $201,039; net. $114,699.
$6,000,000 has the additional security of the $1,50),- Gross earnings Leased
Shore Line.—
to New York A New Haven
000 first mortgage bonds held by its trustees. De¬
fault hasb'.en made in the payment of interest since at $100,0)0 per year. Old stock was exchanged for
June, 1872, on all the issues except the first and new in July, 1873. (Y. 21, p. 63.)
Sioux City cfe Pacific.—For year ending June 30,
second mortgages on Branch Line." Suits of fore¬
closure under the mortgages are in progress, and the 1874. gross earnings'were $319,819, and net earnings
railroad and property of the company have been $56,115. Pays 7 p. c. on pref. stock. $169,890, semi¬
taken possession of by the trustees under the mort¬ annually. A. A O. (V. 22, p. 515, 599.)
Sioux City A St. Paul.—There are also $502,000 2d
gage deeds. (V. 22. p. S3, 159, 209, 281; V. 2<, p. 379.)
St. Paul & Pacific.—The road is in hands of Re¬ mort. bonds, $14^,000 equipment, and $286,600 in¬
ceiver of U. S. Court, and the bonds are all held in come bonds. Net earnings in 1875 were $75,746.
Holland. The mortgage is being foreclosed. (V. Lands unsold, 515,215 acres. (Y. 20, p. 544: V. 22,
p. 568.)
23, p. 233, 428 )
Stocks—Last
Dividend.
Where Payable, and by
7
7
2
8
2
7
6
7
7
8 g.
5,700,000
1,000
1,000
....
122
124
■Somerset—1st mortgage, gold
South Carolina—Stock.
Sterling mortgage, guaranteed by L.
1870
1871
m
28
28
45
40
32
50
50
105
Sheyboygah d Fond da Lac—1st mortgage
1st mort "a "e.
g.
g.
g.
g.
When
Payable
•
General mortgage for $5,000,000
Shamokin Valley d Pottsville—Stock
1st mortgage, gold, on road and lands
2d mortgage (government subsidy)
Sioux City d St. Paul—1st mortgage, gold,
1st mortgage, currency, for $2,100,000
Rowdy—Princi¬
pal, When Due.
7
120,000
366,000
1,096,000
•1,114,000
1,500,000
1,700,000
250 Ae.
250 Ae.
discovered In tliese Tables.
8
7
7.
7
7
7
3,250,000
500 Ac. 21,000 p.m.
1,000,000
1,000
1,899,000
1,000
2,600,000
1,000
1,000
10
76
76
76
150
150
xxrii
.
INTEREST OR DIVIDENDS.
Rate per
Cent.
r-H
*3'
-
J.
S.
S.
J.
N.
J.
N.
J.
O.
S.
J.
J.
O.
A.
J.
July, 1902
Charleston, 1 st Nat. Bk. March 1, 1877
New York.
Sept. Xj 1899
N.Y.,Lancaster, B.A Co.
Philadelphia, Office.
N.
1880
Y., Imp. A Trad. Bk.
Jan.
1, 1890
Sept, 1, 1889
Jail. 1, 1872
Jan. 1, 1864
April 1, 1887
August, 1876
July, 1901
June, 1884
October, 1896
April 1, 1889
Jan., 1877
Sept. 1, 1880
Jan. 1, 1898
Jan. 1, 1898
New York.
New York.
New' York, Office.
do
do
do
do
Philadelphia,Treasurer.
do
do
I). N. Y., City Nat, Bank.
O.
O.
J.
S.
J.
J.
N.
N.
do
do
N. Y., N.Bk. of Com’rce.
N. II., Nat. N. II. Bank.
do
do
N. Y., Nat. Park Bank.
U.S. Treas., at maturity
N. Y., Metropol. N. Bk.
do
do
Nov.,
June,
Mav,
Q.-F. Cli a rleston ,S. W.RR.B’k
London.
J.
New York.
J.
do
O.
Charleston.
O.
do
J.
J. N. Y., Drexel, M. A Co.
M. A N. London, Baring Bros.
M. A S. N. Y., Gallatin Nat. B’k
do
do
M. A N.
M. A N.
/ do
do
F. A A. N. Y., Vcrmilyc A Co.
do
do
M. A S.
M. A N.
P. M. Myers A Co.
A. A O. N. Y
do
do
J. A J.
A. A (). N. Y., C. P. Huntington.
M. A S.
J. A 1). Savannah,Cent RR. Ga.
Macon.
Various
.1. A J. Boston, Eliot Nat. Bank
New York.
J. A J.
J. A J. N. Y., Central Pacific.
J. A 1). N.Y.,D. L.A W. RR. Co.
do
do
J. AI>.
J. A J. N.Y.,Farmers’L.A T.Co.
J.
J.
A.
A.
J.
J.
A
A
A
A
A
A
,
-
1991
1891
1871
1882 to ’88
3 882 to ’88
Oct. 1, 1902
April, 1891
1880 and 1892
Jan. 1, 1890
Mar. 1,
1887
May 1,
Nov. 1,
Aug. 1,
Mar. 1,
May 1,
1900
1879
1899
1882
1900
1878 to ’88
1890
,
April 1, 1905
Mar. 1, 1900
Dec 30, 1876
1886
July l,’83to ’93
.
1885
January, 1905
Dec. 15, 1876
June, 1887
July 1, 1901
Somerset.—This road is leased to Maine Central.
South Carolina.—Gross earnings in 1875, $1,229,302; operating expenses, $781,727; net earnings,
$443,574 (a decrease of $66,851 fr>m 1874.) Annual
report in V. 22, p. 398.
South A Worth Alabama—This road is leased and
operated by the Louisville A Nashville, which guar¬
bonds. Preferred stock, $1,500,000.
Sou’hern of Long Island. -This is successor of
South Side, and operated with F.ushi- g N. Shore A
Central under one management.
There are also
$60,000 6 p c. mortg. bonds on Rockaway Branch,
antees the
Hempstead Branch.
and $64,300 7 p. c. on Southern
Southern Central.—Forms an extension into New
York Stite for Lehigh Valley, which company en¬
dorses $400,000 of second mortgage bonds.
Siuth Iowa <& Cedar
Rapids.—In progress. Ot¬
tumwa to Cedar Rapids, la.
Southern Minnesota,—Sold and
re-organized. Land
grant is about 1,790.000 acres. (V. 20, p. 63, 291, 571;
V. 21, p. 78; V. 23, p. 62; V. 24, p. 11.)
Southern Pacific {Cal.)—This road is in p-ogress;
built bv a Construction Co., and controlled by Cen¬
tral Paeiftc parties. The stock paid in is $27,227,200.
In 187V 6, on 392 miles operated, the gross earnings
were
$2,16#,839 gold, and net
gold.
earnings, $1,020,50#,
(Y. 22, p. 281, 375; V. 23, p.
304.)
Southern Pennsylvania—This is a mining and rail¬
road company, re-organized in 1872 after forec osure
mortgage. The road is leased by the
Cumberland Valley.
Southwestern Georgia.—Leased to Central Georgia.
Dividends 8 a year to every 10 per cent on Central
under s.cuid
Georgia stock, but 7 per year
guaranteed. “Tri¬
partite” bonds issued; see Central Georgia.
SpringMd, Athol d Northeastern.—Net earnings,
$37,403. (V. 21, p. 590).
Mountain.—Cost of roid and
$502,463. Net earnings 1872-3, $15,673.
1874-5,
Sterling
Stockton A
equipment,„
CopperopoOs.—Defaulted July, 19T4,
bonds of $1,000,000 exchanged for present.
(V. 21, p. 159. 160, 316.)
Syracuse, Binghamton <fc New York.—Operated bjt
Del. L. A W. Dividend in 1875, 4 per cent.
and old
BAILBOAD
XXV 111
STOCKS AND
[January 27, 1877.
BONDS.
8tib*crlbers will confer a great favor by giving Immediate notice oi any error
Miles
Date
Size,
of
of
For explanation of column headings, &c., see notes
Road. Bonds.
at the head of first page of tables.
20
mortgage bonds
80
73
Terre Haute <£• Indianapolis—Stock
1st mortgage
Bonds oi 1873 (for $1,000,000)
Texas <£ Pacific™-. 1st mort., gold, coup.($8,000 p.in.)
2d mort., consol., gold, coup. ($17,000 p. m.)
Income and land mort., reg. (7,000,000 acres)
Texas Western—(Narrow g.)—1st M., 1. gr., gold
Toledo, Peoria A Warsaw—Stock
let preferred
2d preferred
let mortgage (W. Div.)
let mortgage (E. Div.)
2d mortgage (W. Div.) convertible
mortgage (for $0,200,000)
mortgage (Burlington Div.)
Toledo, Tiffin <£• Part.—1st mortgage
Toledo, Wabash A Western Stock
Preferred stock (7 per cent yearly, cumulative)..
1st mortgage (Toledo «fc Illinois)
let mortgage (Lake Eric, Wabash Sc St. Louis)
let mortgage (Great Western of 1850)
let mortgage (Quincy «fc Toledo)
Jet mortgage (flliuoi# & Southern Iowa)
2d mortgage (Toledo & Wabash)
2d mortgage (Wabash & Western)
2d mortgage (Great Western of 1859)
Equipment bonds (T. & W.)
(on all except St. L. Div.) couvert’e
Consol.
mortgage, "nl,i
1st mortgage, (Decatur «fc East St. Louis)
Hannibal 4 Naples—1st mortgage
do
do
do
2d
Lafayette, Muncie & Bloomiugton, let mortgage.
Troy A Poston—Stock
let
....
444
444
444
50
247
247
247
llOHi
110%
110 Hi
Consolidated
2d consolidated
mortgage, consolidated
227
10
24
028
Union Pacific—Stock
:
1st mortgage, gold, on road and equipment
"2d
do
(government subsidy)
3d
do
ou road (2d on land), sinking
Land grant, bonds on 12,000,000 acres..
1866
1804
1800
1870
1871
1872
1,000
1,000
1,000
1,000
1,000
1,000
100
100
7
7
'
7
7 g.
1874
1,000
1,000
2,500,000
1803
100 &c.
2*8
20
ioo
100
07
187*1
1806-9
Pacific.—A. full account of the company
given in the annual report in Chronicle, V. 23,
p. 206. Gross earnings, 1875-6j $ 1,564,824: operat¬
ing expenses, $891,882; net earnings, $672,742. (V.
20, p. 63; V. 21, p. 229, 324; V. 22, p. 536, 607; V.
23, p. 160, 206,279.)
Texas &
is
road is in
Toledo, Peoria & Warsaw.— Interest in default.
Passed into receiver's hands
December, 1873.
February, 1874. Foreclosure suits commenced 1875.
(V. 21, p. 160, 372, 505, 592, 614; V. 22, p. 159, 297; V.
23, p. 256.)
Tiffin A East.—Sold in foreclosure July,
1,000
‘
80
77
80
2
6 g.
0
8
7
8 g.
6 g6
27,230,512
14,157,000
7,500,000
2400,000
1,000,000
1,000,000
19,890,400
5,300,000
2,000,000
1,840,000
1,800,000
154,000
9
6
6
9
0
7
9
6
6
6
0
7
9
3
7
7
070,340
1,000
1,000
100
1808
1871
1872
1,000
500
500
100
100
500
100
tfcc.
tfec.
Sec.
Sec.
Sec.
Sec.
1,000
100
100 &c.
500
180*5
1809
1872
1,000
1,700,000
860,000
5.000,000
450,000
100,000
1,000,000
1,770,720
200,000
907,000
1,500,000
3,000,000
3,000,000
1,500,000
500,000
3,000,000
1,500,000
1,500,000
g-
g.
g-
g-
g.
Tuckerton, N. J.
A.
D.
O.
N.
D.
O.
New York, Co.’s office.
do
do
do
do
May 2, 1910
1, 1901
April 1, 1902
Nov. 1,
1873:
Aug. 1, 1890
Aug. 1, 1890
Aug., 1888
Nov. 1, 1890
Aug. 1, 1882
Nov. 1, 1876
Nov. 1, 1878
May 1, 1893
May, 1883
Feb.,
Feb.,
Aug.,
.Nov. 1,
1907
1893
1889
1888
July, 1890
Aug., 1901
Aug. 1, 1876
1894
1883
April, 1890
May 1, 1895
1896, ’97, ’98
Oct. 10, 1876
Mch. 1, 1901
Oct. 1, 1894
Mch. 1, 1894
Mch. 1, 1894
....
M.
J.
M.
A.
Union Pacific.—Gross earnings in 1874 weie $10,559,880; net earnings, $5,907,565; gross earnings in
1875 were $11,9)3.832, and net earnings $7,011,784.
The percentage of operating expenses to gross
earnings was 41'5i per cent in 1875 and 44’05 per
cent in 1874.
Land sales in 1875, 111,049 acres at
Total sales to Jan. 1,
$3 66 per acre, or $401,462.
1876, 1,082,893 acres for $5,336,044. Land notes and
contracts on hand, January 1, 1876, $3,012,501.
The suit to recover for Government transportation
was decided by the United States Supreme Court
in favor of this company. Nov. 29, 1875, includ¬
ing the important ruling that interest on the Gov¬
ernment loan is not payable till the principal is
due
in
1896-99.
Abstract of last report V.
22, p. 267.
The
annual report gives no
June
A. & O. London, L. & S. Fr. Bk.
M. Sc N. N. Y., Company’s Office.
U.S. Treas., at maturity.
Q.-J. Phila. and N. Y. Offices.
M. & S.
Philadelphia, Office.
do
do
A. & O.
London.
M. & S.
do
M. & S.
F. & A.
Philadelphia.
Due 90 days after demand.
London.
F. «fc A.
F. & A.
Philadelphia Office.
Princeton. N. J.
J. & D.
M. & N.
Philadelphia Office.
F. & A. N. Y., B’k of Commerce.
do
do
A. Sc O.
Salt Lake City.
J. <fe J.
Utica.
J. & D.
J. Sc J.
Utica and New York.
do
do
J. & J.
J. & J. London, H.S. King Sc Co.
J.
J.
J.
Southern Railroad
do
do
....
0
7
7
Net earnings 1873, $7,759.
1, 1896
1, 1894
April 1, 1886
April 1, 1910
Jau. 1, 1877
1896 to 1899
<fc
ct
&
<fc
&
Sc
&
6c
Sc
&
Sc
&
Mch. 1, 1894
1887
Feb.
1, 1888
1880
Feb.
1, 1876
Jau, 1, 1889
Nov. 1, 1889
Aug. 1, 1878
Overdue.
Jan.
1, 1890
Dec., 1876
July, 1878
July, 1891
1, 1902'
Jail.
Baltimore.
....
Bonds
Feb.
Dec.
do
do
A. & 0. Phila., Safe Deposit Co.
Q.-J. New York and Boston.
do
do
J. & J.
U.S. Treas., at maturity.
M. <fc S. New York aud Boston.
do
do
A. & O.
J.
J.
J.
M.
J.
by city and guaranteed by several roads.
Tuckerton.—From New Jersey
Jan., 1870
N.
N. Y., Office of Co.
A.
do
do
A.
do
do
do
do
A.
N. N. Y., Metropolitan B’k.
A.
do
do
N.
do
do
N.
do
do
N.
do
do
do
do
M. & N.
N. Y., Office of Co.
Q.-F.
F. A A.
Winslow, L. & Co.
N. Y., Omoe of Co.
F. & A.
do
do
M. Sc N.
do
do
J. & J.
F. & A.
do
do
F. «fe A. Troy, Company’s Office.
J. & J. N. Y., Nat. B’k of Com.
M. & S.
do
do
4
8
7
7
7
8
7
8
444,100
1,508,000
2,800,000
550,000
200,000
150,000
Troy Union.—A short road in Troy city.
to
2Hi
500,000
1802
1808
1808
1870
1871
1871
1800
1800
1866-9
1807
1872
issued
Indianapolis.—Gross
$291,275.
£200
1,000
1,000
7
27,230,112
1,00*0
1873
Vermont A Massachusetts—Stock
1st mortgage (sinking fund $7,000 per year)
Convertible bonds
do
do
earnings,
$720,291; net earnings,
408,000
1,000
1,000
1874
1867-9
1871
1806
’06-7-8
7
7
6
36,745,000
ooo &e.
100
73
2d mortgage, consolidated..
Equipment loans
Btanstead, S. Sc Chambly bonds
Income and extension bonds (to pay float’g debt).
4
680,000
1871
1871
1871
1871
1871
1871
1834-7
30 Hi
75
75
h
050,000
100
Missisquoi Railroad bonds.
Net earnings in 1875, $498,841.
000,000
500 &c.
Vermont Central— 1st mortgage, consolidated
Summit Branch.—This is a coal road, and leases
1,000,000
1,000
1,000
Aug. 16, 187G
Jan. 1,1904
Sept. 15, 1876
July, 1879
....
&
&
&
&
&
&
&
&
&
675,000
225,000
066,000
1,009,000
1,384,000
1,500,000
1859
300,000
1,000
A. Philadelphia & Boston.
J. Boston, N. Y. Sc Phila.
J. N.Y.,Fariners’L.<fc T.Co.
O.
do
do
Stacks—Last
Dividend.
1893
M. & S. Phila., N. York & London March 1, 1905
J. & D.
do
do
June 1, 1905
July. New Yorktfe Philad’phia Jan. 1, 1915
J. <fe J. N. Y., Farm. L. & Tr.Co
M.
F.
F.
F.
M.
F.
M.
M.
M.
2,700,000
250 &o.
100 (fee.
&
&
&
&
F.
J.
J.
A.
3ig
1,000
1802
1858
1858
Whom.
&
&
&
&
&
&
1,000
1805
1,000
1,000
1,000
Where Payable, and by
F.
J.
A.
M.
J.
A.
1809
1808
1870
1871
1,000
When
Payable
7
7
7
7
7
7
109
43
43
37
35
35
1853
1853
1803
pal, When Due..
....
7 g.
Bonds, guaranteed by Vermont- Central
Toledo
100
100
2,010,000
.”
Vermont A Canada—Stock
Texas Western.—This narrow-gauge
progress. (See V. 23, p. 149, 152, 526.)
ioo
2,503,000
Utica, Ithaca A Elmira—1st mortgage, sterling
1874-5, $1,011,570; expenses,
1,000
1,000
1,000
lOO
mortgage bonds of July, 1808
A
1,000
,
1,000
Mortgage bonds, 2d issue.
Terre Haute
„.
1873
75
167
180
242
525
fund. 1,038
United Co.’s mortgage, sinking fund, registered.,
do
sterling loan mortgage, sinking fund
do
do
do
do
do
do
dollar loan, mortgage
bond to State of New Jersey
do
Joint Co.’p mortgage, steiTg, s. fd. (£138,500).
do
plain bonds
do
do
consol, mort. (sink’g fund after 1880)
do
N. J. RR. & T. Co., 2d loan (now 1st), plain
do
3d loan due State of N. J
do
Utah Central—1st mortgage, gold
Utica A Black Hirer—Stock
Lykens Valley.
1,000
■
....
Valley (Ta.)
800,000
1,988,150
800,000
800,000
1,428,000
0,550,000
5,032,000
10,000 p.m.
3,000,000
1,700,000
1,000,000
1,800,000
1,000,000
1,300,000
1,500,000
250,000
861,000
15,000,000
UOOODOO
900,000
2,500.000
2,496,000
500,000
50
....
1809
1873
1875
1875
1875
1870
3
7
5
7
7
6 g.
6 g.
7
7 g.
$4,125,000
1807
29
27
General mortgage, coupon
1st
$50
Rate per
Cent.
nos
177
1,038
bridge bds, st’g, (s.f. about $50,000 yrly).
Outstanding
....
1,03S
Union Pacific, Central Branch—1st mort., gold
2d mortgage (government subsidy)
United N. J. lilt. A Canal Companies—Stock
Amount
7
7
7
7
7
7
7
7
7
7
75
107
Convertible bonds
Trou Union—1st mortgage, guaranteed, Troy City.
Tuckerton—1st mortgage
Omaha
or
Par
Value.
20
Summit Branch (Pa.)—Stock
1st
Bonds—Princi -
INTEREST OR DIVIDENDS.
DESCRIPTION.
1st
discovered In these Tables.
D. Boston, E. Blake & Co.
J. Boston, Nat.Bk.of Redm
J. Boston, Globe Nat. Bk.
N. Boston,Nat.Bk of Redm
do
J.
N.
O.
J.
J.
J.
1872;
July 1. 1891
Jau. 1, 1891
Nov. 1, 1886*
1891
1876 to 1889
Jau. 1, 1887
1902
Oct. 7, 1876
do
do
do
do
D.
N.
June 1,
do
do
do
Boston, Office.
do
do
do
do
do
do
July 1, 1883 ,
July 1, 1879 1
July 1, 1885
In 1874 the gross earnings were $10,( 21,488;
operating expenses, $7,098,449; net, $2,933,089, leav¬
ing a loss to lessees of $31,161 after paying inter- "
est and dividends. The loans due in February and.
April 1875, were paid off and bonds of 1871 inereased
by $2,300,000, issued in London. ’
bilities.
Utah Central.—Salt Lake to Ogden.
In 1872-3
earnings were $20o,358.
Utica A Black River.—Gross
net
receipts 1874-5
$503,397; expenses, $251,660; dividends disbursed,.
$106,149. (V. 22, p. 207.)
Utica, Ithaca A Elmira.—The road was completed
November, 1875. The simking fund is $30,000 yearly
from 1878. (V. 21, p. 16; V. 23, p. 16.)
Valley (Fa.).—This road was built chiefly by sub¬
scription of Balt. & Ohio RR., Baltimore city, and
Virginia counties.
Operation of the road by Balti¬
& Ohio was discontinued, and temporary lease
made to Shenandoah Valley Railroad. (V. 20, p. 16,
more
453; V. 21, p. 396; V. 22, p. 463, 559,
591, 607.)
general balance sheet nor income account. Divi¬
dends at 6 per cent per year were begun in July,
-Operations for four and increased to 8 per cent October, 1875. The
Toledo, Wabash A Western.
United Stales Attorney-General has a suit pending
years compared as follows
for $1,040,056 against 7he company as 5 per cent of
Gross
Net
Operating
earnings. its net earnings. (V. 21, p. 64, 105, 245, 302, 372, 467,
expenses.
earnings.
$714,450 536; V. 22, p. Ill, 182, 234, 2 57,400,415,472, 545;
$3,519,764
$4,234,214
1S75-6
4,407,378
1,331,42* V. 23. p. 104, 112. 208, 33?, 472, 50®, 623.)
1873
5,738,807
4,365,144
1,613,834
18«;o
6,008,978
Union Pacific Central .Branch.—This was formerly
8,776,828
1,959,838
5,736,666
Ml
Canada.—Under lease to Vermoxt
Central, and proposed to be sold to same for $3,000,000 in 6 p. c. bonds; but still in litigation (V. 19, p.
40, 504; V. 20, p. 16, 141, 419, 445, «8, 492; V. 21, p.
442; V. 23, p. 500, 623.)
Vermont Centra'.—In 1872 the Company went to
Feb. 1, 1875, default was made. Sold
solidated mortgage June 10, 1876, and
Vermont Central.
Foreclosure in progress on
2d mortgage. The plan for re-organization is given
in V. 23, p. 370.
(V. 20, p. 16,141, 186, 314, 378, 492,
(V. 23, p. 63.)
1876.
under con¬
sale finally
confirmed by agreement of stockholders, as given
in V. 23, p.
549.
(V. 22, p. 88, 182, 200, 234, 305, *44,
V. 28, p. 16, 63,160, 301, 353,
379, 526, 549, 599, 616, 647; V. 24, p. 40.)
375, 495, 545, 591;
Troy A Boston.—With leased roads forms a line
from Troy, N. Y., to North Adams, Mass. In 1873-74
•toss earnings were $530,310; operating expenses,
^283.879. There are a few of old 1st and 2d mort¬
-
gage
bonds yet out«landing.
the Atchison &
Pike’s Peak road.
Interest in de¬
fault since November, 1873. Gross earnings 1874-75,
$113,519; expenses, $123,188. (V. 17, p. 588, 834; V.
20, p. 8,314; V. 21, p. 612; V. 22, p. 111,545; V.23,
p. 159.)
United Hew Jersey Railroad A Canal Companies.
Camden & Amboy Railroad and branches.
Delaware & Raritan Canal, and New Jersey Railroad
—I he
form
were
the United
Companies of New Jersey.
They
leased to Pennsylvania Railroad. Oct. 20, 1871,
at 10 per
cent on stock and assumption of
all lia¬
Vermont A
interest, and has since been in numerousA new corporation under the name
of Central Vermont has been formed, with $2,000,000
default
on
complications.
paid-up capital, and assumed
obligations of the old
547, 5(4, 616; V. 21, p. 38, 245, 418, 490; V. 22, p. 110,
539; V. 23; p. 40, 870, 623.)
Vermont A Massachusetts.—Thi9 road is leased to ■
the Fitchburg RR. Co. for 999 years, commencingJan. 1, 1874; they paying interest on the debt and 4
per cent on the stock for the first two years, 5 perceDt the next two years, and 6 per cefit for the re¬
mainder of the lease, exclusive of all taxes.;
RAILROAD AND CANAL STOCKS AND BONDS*
January 27, 1877.]
Subscribers will confer
great favor by giving immediate notice of any error discovered In tliese Tables.
a
DESCRIPTION.
For explanation of column headings, Ao., see notes
at the head of first page
of tables.
Miles road can’l
of or
Vicksburg dk Meridian—1st series (red endorsed)
140
140
140
2d series (blue eudorsed)
3d
do (black endorsed)
4th
do
(not endorsed)
Special loan, funding mortgage
140
*
Wcukill Valley (Ar.Y.)—1st mortgage
Warren (N.J.)—Stock
„
35
18
18
18
310
2d mortgage
1st consol, mortgage
Washington City, Va. Mid. & Gt. Southern—Stock...
2d mortgage, O. & A. RR
1st and 3d mortgage, O. A A. RR..
4th
mortgage, O. A A. RR
Funded interest, O. & A. RR
1st mortgage, O., A. & M. RR
;
m
Gen. mort., gold, Wash. C., Va. Mid. A Gt. South’n
Lynchburg A Danville, 1st mort., guar., coup
m
m
m
336
65*2
Westchester <£• Philadelphia—Preferred stock
Date
of
Bonds.
or
Par
Value.
Outstanding
1866
$500Ac.
$717,500
1866
1866
1866
1871
1871
•
•
•
...
mortgage, new
West Jersey—Stock
•
•
•
27
West Wisconsin—1st mort.,
s.
fd., 1.
gr., conv..
1st mortgage, gold extension, coupon or regist’d .
Consol, bonds, gold
Western <C Atlantic (Ga)—Income Bonds
Western (Ala.)—1st mortgage (Mont. & W. P.)
Western RR; bonds, before consolidation
2d mort., guar,
by Cent, of Ga. and Ga. RR. &B. Co.
Western Maryland— 1st mort., endorsed Balt. City..
1st mortgage, unendorsed.
2d
do
endorsed by Baltimore
2d
do
endorsed by Washington County ..
2d preferred mortgage, unendorsed
3d mortgage, guaranteed by Baltimore
4th
do
for Baltimore City stock...;
Western Pennsylvania—1st
mortgage
1st mortgage, Pittsburg Branch
General mortgage.
Williamston <£ Tarooro—1st mortgare
1871
00
38
63
172
32
204
138
116
44
160
90
90
90
90
90
90
90
57
28
Camden A Amboy..
gold,
1861
1866
1869
1871
1872
1873
188
Wilmington <£ Reading—1st mortgage
2d mortgage, coupon or registered
Wilmington <6 Weldon—Stock
Sterling bonds
1,000
1,000
64
64
181
181
Sinking fund b onds, gold
Wisconsin Central— 1st mortgage, gold, land grant.
Worcester <& Nashua—Stock
($125,000
Nashua
do
are 7 per
300
45
1868
1870
1872
1863
1865
1st m., guar,
CANAL.
48
48
(for $700,000)
Chesapeake <£ Delaware—Stock
1st mortgage (originally $2,800,000)
Chesapeake & Ohio—Stock
Maryland loan, sinking fund
Guaranteed sterling loan
Bonds having next preference
14
14
-
1,000,000
500 Ac.
100 Ac.
1870
1870
800,000
1,000,000
1868
1870
,
350,000
100 Ac.
100 Ac.
100
,
1871
100
1874
3
1856
500 Ac.
50
Vario’s
25
60
60
148
148
148
148
do
do
1878
50
1858
1,000
1867
1869
1871
1873
1,000
100
1874
Mortgage loan of 1894, coup and rcg
Lehigh Coal dk Navigation—Stock
’.
Loan, conv., coup., gold (assumed L. & W. Coal Co)
1st mortgage, registered...<
1st mortgage, registered, railroad
Mort. loan, g. ($2,310,000 assumedC. RR. of N. J.)
i;ooo
1,000
1,000
1,000
50
153
1,000
1,000
1,000
i;ooo
extension, convertible till December, 1877.
....
1872
1,000
1,000
When
Cent.
'
600,000
1,250,000
1,560,100
1,456,200
648,700
221,400
749,000
4,618,500
1,789,800
350,000
250,000
400,000
900,305
700,500
7
7
7
7
8
7
7
7
•
•
•
•
7 g.
4
7
4
6
6
7
7 g.
7 g.
7 g.
10
8
8
8
6
6
6
6
6
6
6
6
6
7
8
7
•
•
gg.
g.
g.
7
393,000
5,000,000
10,248,550
794,000
5,381,963
2,000,000
4,692,500
762,779
41,550
Westchester & Philadelphia)—Net earnings
(V. 22, p. 304; V. 24, p. 62.)
1875-G,
Jersey.—Gross earnings, 1875, $659,797; ex¬
penses, $366,509; net, $293,287. Net profit above
interest and rentals, $95,689. (V. 22, p. 23l.)
West
6
5
6
4
6
4
7
7
7
7
7
West Wisconsin.—1The company defaulted on inter¬
est due Jan. 1. 1875, and funded nine coupons from
that date. The following is from the official state¬
ment: Since its
organization the company has
i8su *d $4,000,000 gold first mortgage land grant
ponds, of which $3,815,500 are outstanding; $6*0,009
Southern extension bonds, of which $370,000 are
6 g.
6
6
6 g6
6
No
and
In 1874 5 ne., earnings
Wilmington & Reading.—This road was in prog¬
and defaulted on second mortgage after criisis
ress.
Default
on
Balt., R. Garrett A Sons Jan. 1 1875
do
do
May 1, 187R
do
do
Sept. 1, 1880
Oct., 1890
1, 1880*
Jan.
1902
Atlanta, Co.’s Office.
J. New York A Savannah.
O.
do
do
do
O.
do
J. Balt., N. Mechanics’ B’k
J.
do
do
do
do
J,
J.
Hagerstown.
J. Balt., Company’s Office.
J. Balt., N. Mechanics’ B’k
do
do
J.
O.
Philadelphia, Office.
do
J.
do
do
do
M. A N. New York, J. M. Pickrell
J. A D. Balt., Safe Deposit Co.
A
A
A
A
A
A
A
A
A
A
A
A
Oct. ’76 to ’91
Oct. 1, 1890>
1, 1890
1, 1890
Jan., 1890.
Jan.
Jan.
Jan., 1890
Jan., 1895
Jan., 1900
Jan., 1902
April 1, 1890
Jan. 1, 1896-
....
May 1, 1900
June, 1900
A. A O. Phila., DeHaven A Bro.
A. A O.
do
do
J. A D.
J. A J.
London.
M. A N.
do
J. A J. N. Y., Nat. B’k Republic
J. A J.
Boston, Office.
J. A J.
Worcester, Office.
do do
Various
A. A O. Bost., Globe Nat. Bank.
do
F. A A.
do
Oct., 1900
Jan., 1902*.
Dec., 18761881
1886
1896
July 1, 1901
July 1. 1876
1881 A 1887
April 1, 1893
Feb. 1, 1895
A D.
A
Boat., Globe Nat. Bank.
April 1, 1894
Philadelphia, Office.
June, 1873
July, 1886
do
J.
do
,
....
A
A
A
A
A
A
A
A
A
M. A
Balt., A. Brown A Sons.
London.
J. Balt., A. Brown A Song
1885
A.
Philadelphia, Office.
do
do
J.
A. N. Y., Bk. of Commerce.
do
do
N.
do
do
J.
do
do
J.
O. N. Y., office, 71 B’way.
do
do
0.
Aug. 4,1876
July 1,1878
Aug. 1, 1876
Philadelphia, Office.
do
do
do
do
do
do
S.
Q-J.
Q-F.
J.
J.
J.
1870
1890
A D.
A D.
A D.
do
do
do
do
do
do
1877
1884
1891
April, 1878
1894
Sept. 2, 1876
\
1
1894
1884
1897
1897
1877
1882
Sold Dec. 4, 1876. (V. 21, p. 137, 592; \ 22*
182, 591; V. 23, p. 354, 453, 5.6.)
1875.
p.
Wilmington dk Weldon.—Leased December, 1872*
Columbia & Augusta road at 7 per
Lessee assumes all liabilities. (V.
22, p. 16 )
to Wilmingt n,
cent on stock.
Wisconsin Central.
Defaulted Jnly, 1875, and
funded 9 coupons.
Has since fbuilt 72 mll*-s, and
lias more in progress, paid for out of bond s lea
since default.
(V. 26, p. 291, 571; V. 21, p. 215,
324; V. 23, p. 478.)
Worcester & Nashua.—Net earnings 1874-6, $178,Guarantees the stock and bonds of Nashua <fc.
330.
Rochester, leased.
(V. 21,
p.
590; V. 22,
p. 545.)
CANAL.
Chesapeake & Delaware—Delaware City to Chesa¬
peake City, Md. (V. 18, p. 582).
Chesapeake <& Ohio.—Gross receipts, 1875, t473,218>
Paid on bonds, $2*3,940. (V. 21, p,
net, $251,175.
77.)
Delaware Div.—Leased to Leh'gh C. & N. Co., at
on bonds, and 8 per cent a year on stock.
interest
Del. & Hudson Canal.—This Co., which is amongthe largest miners and carriers of coal, leases the Alb..
& Susq. and Renss. & Sar. Railroads. Also endorses
bonds of N. Y. & Canada RR. Annual report for 1875,
V. 22, p. 469;
V. 23, p. 101, 300.
Lehigh Coal & Navigation.—Gross receipts in 1875*
$183,271, including profit on W.& W. Coupons
Dec., 1875, are unpaid. vV. 22 p. 15.)
of 1873.
Q-J.
J.
A.
A.
J.
J.
J.
J.
J.
J.
J.
A.
J.
Q-M.
were
of
1900
1905
....
F.
J.
F.
M.
J.
J.
A.
A.
Pennsylvania.—The Pennsylvania RR.,
lessee, o wns $97-,650 stock out of the total amount
of $1,022 450, $148,000 of branch bonds, and all of
$1,200,000 general mortgage bonds; net earnings
1875, $182,059. (V. 22, p. *06.)
Wilmington Columbia db Augusta.—Leases
Oct., J 876 ■
do
do
do
A. A O.
do
J. A J. New York and London.
J. A J. New York, Office of Co.
J.
Western
operates the Wil.A Weldon.
do
do
1880
1896
J.
N.
O.
J.
O.
A.
S.
Q- J.
Q-J.
held
Wd'iamston & Tarboro.—Road in progress.
recent financial information.
A
A
A
A
A
A
A
J.
Western & Atlantic—This road is owned by State
$143,652.
N.Y., Bull’s Head Bank.
N.Y., Del., L. A W. RR.
1890
1890
1890
1890.
•
J.
Washington City, Virginia Midland & Great South¬
Western Alabama.—Sold, in foreclosure, April 19,
ending Sept. 30, 1875, 1875. and bought by Central Ga. and Georgia Rail¬
$1,033,980; expenses, $672,367; net earnings, $401,- roads. (V. 20, p. 398, 405, 445.)
612.
The company has been assisted by Balt. & O.
The 1st and ,3d mortgages, placed together, were
Western Maryland—This company was largely as¬
originally $400,000 1st 6s, and $600,000 3d 8s,
some of which have been
exchanged for general sisted by the city of Bdtimore, which has also
mortgage bonds, but are deposited m escrow only. bought its overdue coupons. The only bonds re¬
The president, Mr. John S. Barbour, was appointed maining in default for interest to their holders are
receiver in July, 1876. Interest in default, but re¬ the second preferred unendorsed. Annual report
ceiver ordered '.e pap on O. & A. 1st aud 2d inorts. for Inst fiscal year, to September 30, 1876. shows
gross receipts, $311,902; expenses, $215,556; net
(V. 22, p. 15, 591; V. 21, p. 550.)
receipts, $96,646. (V. 22, p. 207; V. 23, P- 498.)
and leased at $600,000 per annum
issued the income bonds. (V. 22, p.
do
do
1,
1,
1,
1,
....
ern.—Gross earnings year
of Georgia,
Lessees nave
136.)
do
Jan.
Jan.
Jan.
Jan.
Balt., R. Garrett A Sons Mch. 1, 1882
do
do
May 1, 1903:
do
do
April 1. 1890
Jan. 10,187T
Philadelphia, Office.
do
do
April 1, 1891i
Camden, N. J., Co’s Office Sept. 1, 1874
do
do
Mch., 1883
do
do
J. A J.
Jan., 1896-
....
5,000,000
do
J.
O.
O.
O.
S.
A. A O.
3
6
2,000,000
4,375,000
1,699,500
1,633,350
800,000
20,000,000
1,500,000
3,500,000
Phila., Girard Nat. B’k.
Stocks—Last
Dividend.
....
3^
1,997,872
J.
M.
A.
J.
A.
F.
M.
•
7
7
6
7
7
7
2
6 A
7
7
3
6
•
J.
pal, When Due*.
....
7
•
•
Whom.
O.
J. A J.
M. A N.
M. A S.
....
as collateral security by floating debt creditors;
$2,500,000 seven per cent gold consolidated bonds,
of which $1,471,000 are held as collateral to the float¬
ing debt. The other debts of the company on Jan.
1, 1875, were as follows: Bills payable, $1,080,921.
There are collaterals belonging to the company held
Wallkill Valley.—This road was foreclosed under for these, as follows: Southern extension bonds,
a eecond mortgage and sold November, 1875.
(V. $870,000; consolidated bonds,$1,471,000; and200 cars;
21, p. 442; V. 22, p. 42, 209.)
other items of debt, $1,826,141.
Earnings, 1874,
Warren (N. J.).—Leased to Delaware, Lackawanna $884,920; operating expenses, $697,107; net earnings,
& Western at 7 per cent on stock and bonds. Net $187,812. For full particulars see V. 20, p. 77,291,314;
V. 21, p. 396; V. 22, p. 521; V, 23. p. 304, 335, 472.
earnings in 1875, $241,056.
Vicksburg & Meridian.—Net earnings year end¬
ing March 1, 1876, were $194,099. Coupons are paid
2 per cent cash, balance scrip.
Coupons of July,
1874, and April, 1815, were passed.
(Y. 20, p. 591 ;
V. 21, p. 207; V. 23, p. 62.)
A
A
A
A
A
A
A. A
A. A
M. A
•
6
6 A 8
8
Payable, and by
J. Pliila , Girard Nat. B’k.
J.
do
do
J.
J.
J.
A.
J.
A.
3*3
1,880,800
8,229,594
Where
Payable
3,200.000
500 Ac.
.
Delaware Division—Stock
1st mortgage
Delaware <£ Hudson—Stock
1st mortgage, registered
do
do
Debentures of
-
1,000
cent)
Rochester—Stock..'
do
-
....
1873
1875
<ss
-
1867
do
Bonds
Bonds
Bonds
-
1866
1870
1858
Income bonds
Loan
Loan
100 Ac.
50
500 Ac.!
500 Ac.
500 Ac.
500 Ac.
1,162,700
217,400
700,000
1,800,000
750,000
600,000
2,692,539
1,200,000
654,000
700,000
578,859
1,650,000
1,500,000
526,500
821,300
1,100,000
1,359,750
400,000
1,000,000
1.000,000
4,000,000
640,000
2,500,000
920,000
750,000
600,000
1,200,000
200,000
400,000
300,000
300,000
600,000
875,000
1,200,000
4
Wilmington, Columbia <£ Augusta• 1st mortgage...
do
500 Ac.
-
•
1st
Loan of 1883, guaranteed by
1st mortgage loan
1st
do
consolidated
ioo
1867
1873
1871
Rate per
850,000
145,000
100 Ac.
100 Ac.
500 Ac.
100
1871
1855
1858
1860
•
Amount
1,000
1,000
T855
1870
1875
Ponds—Princi¬
INTEREST OR DIVIDENDS.
Size,
first mortgage was made April,
$1,819,085; expenses, int. and dividends, $1,914,276*
The Central R.R. of
excess of the latter, $65,191.
N J. assumes (in purchase of - quipment), $2,31<».C0J
of the gold loan due 1897. leases the Lehigh & Sus¬
quehanna Rail Road, and operates the Lehigh CanaL
The Lehigh A Wilkes-Barre Coal Co. assumes $500.000 of the g
aid loan due 1»97, and £822,000 (all) of tluar
convertible gold loan due 1891, and has also leased
the coal lands of the Company. (*/. 22, p. 27
CANAL AND MISCELLANEOUS STOCKS AND BONDS.
acxx
Subscribers will confer
a
[January 27, 1877.
great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Miles
Date
Cor explanation of column headings, <fce., see notes
of
of
at the head of lirst page of tables.
Canal. Bonds
Bonds—Princi¬
INTEREST OR DIVIDENDS.
Size,
or
Par
Value.
Amount
Outstanding
Rate per
Cent.
When
pal, when Due.
Where Payable, and by
Stocks—Last
Dividend.
D.
Philadelphia, Office.
A.
do
do
J.
Pittsburg, Office.
J. N. Y., N. Bk. of Com’rce.
A. Leh. Val. RR. Co., Phila
A.
do
do
June 1,1911
1892
Whom.
Payable
CANAL—Continued.
iLehigh Coal <£• Navigation Co—(Continued.)
Consolidated mortgage loan
Greenwood
1871
1872
mortgage, registered
JfonongaJiela Navigation Co.—Stock
83
83
1st mortgage...
Morris—Stock, consolidated
A2?ennsyl vu n ia—Stock
327
1st mortgage,
interest guaranteed by Penn. RR
Schuylkill Navigation—Stock, common
-
•
103
103
103
"New mortgago (for $1,000,000)
Boat loan
Preferred stock scrip dividend
327
108
.
"
....
1867
•
•
1870
1863
1864
45
•
.
•
•
•
1,000
1,000
•
•
•
1,000
1,000
1,000
50
•
•
bonds of 1872
•
1872
85
.
•mm
m
....
mortgage
•
•
m
m
m
....
....
.
Adams Express Company—Stock
American Express—Stock
-American Coal (Maryland)—Stock
Atlantic dk Pacific Telegraph- Stock
Eostou Water Power
100
100
Mortgage bonds (for-$2,800,000)
1874
43<mXon Impi'ovement Company—Stock
....
1873
Sterling bonds (sinking fund one-fifth of land sales)
1874
Mortgage bonds, gold sixes (for $2,500,000)
Union RR., 1st mort., end. C. Co. (s. f., rents on $220,163)
do 2d mort., g., end., (s. f. ground, rents on $144,800)
Consolidation Coal of Maryland—Stock
1864
Ast mortgage (convertible)
1st mortgage, consolidated, convertible
1872
.Cumberland Coal and Iron—1st mortgage
1852
do
do
2d mortgage
1869
....
....
.
Cumberland Coal dk Iron
Company—Stock
Jffiriposa Land dk Mining Company—Stock
1871
1874
1875
1873
1875.
.
1,000
25
£200
1,000
500 &c.
500 &c.
100
1,000
1,000
_
Mercantile Trust—Real estate 1st mortgage b»nds
1876
....
®
@
E»
1876
Pennsylcan ia Coal—Stock
1st mortgage bonds
.
£200
....
100
100
1875
Bonds, coupon or registered (for $2,000,000)
.
1,000
1,000
1,000
1,000
1,000
....
[Pacific Mail Steamship Company—Stock
.
1,000
.
Mortgage bonds (for $500,000)
Maryland Coal—Stock
....
1,000
100
500 &c.
100
1.000
50
1861
Producers1’Consolidated Land dk Petroleum
PtUlman Palace Car—Stock
Bonds, 2d series
Bonds, 3d series
Bonds, 4th series
Bonds, sterling debenture, convertible
Bonds, debenture
Stock
100
100
.
....
....
Preferred stock
2d mortgage, gold
Southern dk Atlantic
«■
Telegraph—Guaranteed stock
.Spring Mountain Coal—Stock, guar’d 7 p. c. byL. V. RR...
united States Express—Stock
dT-‘Ms, Fargo dk Company Express—Stock
Western Etiion Telegraph—Stock
Real estate bonds, gold, sinking fund
Bonds, coup or reg., couv. till May, 18S5, s. f. 1 p. c
Sterling bonds, coup, (sinking fund 1 per cent, per annum)
JPUkesban'c Coal—Stock
Company.—Receipts,
-1875, $lS*>,57ti; expenses, $80,487; dividends, $90,387.
Moi'ris. —Leased April, 18.0, to Lehigh Valley Railroad for 999 years. The lessees assuming bonds and
scrip, and paying 10 per cent per annnm on preferred
«jbeck, andc4 on consolidated stock. (V. 12, p. 714).
Pennsylvania Canal.—Worked in interest of Penn.
guarantees interest on bonds. An old
mortgage of $90,000 is due in 1887. Gross receipts
lb75, $441,639; payments, including interest, &c.,
*138,997.
Schuylkill Navigation Company.—Leased from
Jane 1, 1870, to Philadelphia & Reading for 999
years, at annual rent of $655,000, including ''ertain
RR. which
....
....
.
1872
1875
1875
•
.
.
100
100
25
50
100
100
100
1,000
1,000
£100&c
100
Union Pacific
-
N.
Philadelphia, Office.
do
do
do
do
do
do
do
do
do
.
•
1882 to 1907
1895
do
do
do
do
do
May, 1880
May, 1913
May, 1915
J.
J.
J.
J.
M.
&
&
&
&
&
•
J.
J.
J.
J.
N.
Phila. and Baltimore.
do
do
do
do
do
do
/
Not. 1, 1876
J. <fe D. 1st coup,
8
J.
J.
J.
M.
M.
J.
J.
J.
&
&
&
&
&
&
&
&
F. &
A. &
M. &
7
7
7
10
9
g.
g.
g.
g-
10
1
A. &
J. &
M. &
J. &
J. &
J. &
M. &
•
N. Y., Company's Office.
do
do
New York, Office.
due Dec.,1875.
2
Jan
J. London, Brown, 8. & Co
J. New York or London.
J.
N.
London.
8. N.Y.,Co.’s Office, 71 B’y.
J.
do
do
J.
do
do
J.
do
do
A.
do
do
O.
New York, Office.
N. N. Y., by Ill. Cent. RR.
O. New York and London.
J.
do
do
S.
do
do
J.
St. Louis.
J. Lond.,J. S.Morgan & Co.
J.
St. Louis.
N.
Boston.
1 ft77
Mar. 10,1876
1872
Not. 12,1872
June, 1884
•
6 g.
6 g.
6
6 g.
2^
7
6
6
6
6
•
May 1,1883
Boston, Office.
....
•
Jan., 1885
Jan. 1,1878
Jan., 1894
Jan., 1902
Philadelphia, Office.
....
Jan.
Jan.
•
•
•
1, 1904
1, 1904
o
«
•
•
'
1900
Jan. 2,
1877
Jan., 1885
Jan. 1, 1897
1879
Feb., 1879
Oct. 15, 1875
Nov., 1893
1900
July 1, 1901
Mar. 1, 1886
•
Jan.
•
.
•
1, 1888
....
Nov.
1, 1876
....
....
.
.
....
.
.
....
J.
1*2
7
3
7
5
7
6
2
8
8
8
7 g7
21-3
4
2
4
1*2
•
7 g.
rv
i
6 S'
5
Annual
& 494. A (V. 21, increase591; 25 per cent was voted
1875.
stock p. 511, of V. 23, p. 183.)
ov.,
Canton Impi'ovement Co..—The annual report for
ending May 31, 1876, is in V. 22, p. 613. Of the
$2,500,000 mortgage $600,000 is reserved to pay ster¬
year
ling loan. The Company owns $594,000 stock of
Union Railroad Co. out of $600,600, and guarantees
its bonds. (V. 29, p. 314, 546; V. 22, p. 613.)
Cary Improvement Co.—Assets April, 1875, $296,-
assumes
$135,000 Un. Mining Co. bonds. (V. 22, p. 279, 415,
471; V. 23, p. 207.)
Adams Express Company.—A. reference to the
Illinois dk St. Lows Bridge.—Interest passed July,
~^FUt of Dinsmore and others in V. 19, p. 270.
1875. The Bridge and Tunnel Railroad are in hands
American Coal.—The report for 1875 showed gross of Messrs. Morgan and Humphreys, trustees. (V
20, p. 544; V. 21, p. 349; V. 23, p. 14.)
receipts, $825,916; net, $S9,C16, (V. 22, p. 180.)
Mariposa Land dk Mining Co.—Assessments made
Atlantic dk Pacific Telegraph.—Ot this stock the
New York.
....
M. &
S.
Q.-F.
F. & A.
Q.-J.
Q.-F.
M.
F
F.
A.
A.
& N.
&
&
&
&
A
A.
O.
O.
.
Jan. 1,1886
Jah.
Various New York and Loudon.
....
7 g.
& J.
....
.
.
c
....
_
Water Power Co.—Annual report in V. 22,
and
J.
J.
N.
N.
Q.-M.
567; V. 23, p. 160, 525.)
bonds of the Cumberland & Penn.,
&
&
&
&
&
J & J
M. & 8.
personal property conveyed to Philadelohia 694; liabilities. $165,009.
Conso'idation Coa’.—Annual report for 1875 in V.
Ai Reading. (Last annual report “in V. 22, p. 493.)
22, p.279, showing gross receipts. $2,648,178; ex¬
Busquehanna dk Tide Water.—Leased and operated i
$1,876,402; net, $771,776.
r-<by PhiJhdelphia & Reading Railroad for interest on penses,arc held to retire old bonds. Consol, mortgage
bonds
Guarantees also
•
July, 1910
Aug. 1,1876
Aug. 1,1876
March, 1897
Philadelphia, Office.
....
•
real and
bonds and half of net earnings.
Union Canal.—Stock, $2,907,850.
MISCELLANEOUS.
•
Oct., 1885
Feb., 1889
.
5,938,200
298,000
$2,420,000.
J.
J.
M.
M.
M.
....
484,500
2,500,000
Railroad holds
•
J. & J.
F. & A.
F. & A.
Q.—M.
10 8.
7
5,000,000
3,400,000
sc
2
3
4
18 OOO 000
886,000
204,500
603,000
4,291,300
5,708,700
584,000
948,000
1,500,000
7,000,000.
5,000,000
33,787,475
1,498,000
3,988,000
1,001,160
sc
report V. 22, p. 422.(V. 21, p. 63, 277; V. 22, p. 488,
Boston
•
A. & O. Leh. Val.RR. Co.,Phila,
F. & A.
do
do
6
6
6
7
6
432 000
Quicksilver Mining Company—Common stock
'
100
100
1868
1871
.
Preferred stock
Navigation
1,500,000
10,500,000
4,000,000
1,740,000
1,107,500
584,000
661,000
900,000
598,000
10,250,000
412,000
363,000
137,000
498,000
500,000
480,000
3,756,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
7,620,000
10,000,000
5,000,000
(?)
4,400,000
1,695,000
20,000,000
(?)
100
....
Ehudcith dk Dubuque Bridge—Bonds sinking fund
Illinois dk St. Louis Bridge— 1st mortgage coupon, 8. fund..
2d mortgage, coupon
3d mortgage, coupon
/th mortgage
®t. Louis Tunnel RR.—1st mortgage sterling, sink. fund.
do.
do
2d mortgage
fowa RR. Land Co.—Stock
Monongahela
25
....
•
12,000,000
....
....
•
3,000,000
....
MISCELLANEOUS.
.
Aug. 4,1876
....
6
6
6
6
6
7
1,709,380
3,990,392
1,148,000
260,000
756,650
628,100
2,002,746
1,000,000
1,320,000
325,310
250,000
....
•
July, 18V6
July 1,1687
Aug. 4,1876
....
50
50
•
•
Maryland loan, 2d mortgage
Susquehanna Canal, common bonds, 3d mort
do
pref., 3d. T. W. priority b’ds..
J. &
F. <fe
J. &
J. &
F. <fc
F. &
....
1,000
....
y.
•
various.
various.
50
....
....
loan
do
100
•
7
7
4
6
2
5
1,004,300
103,000
1,025,000
1,175,000
(0
7
236,965
7
103,164
4,480,405
6
3,000,000
949,748 30c. in
3,155,650 60c. in
100
.
....
& usquefianna—Stock
^Union—1st
50
1,000
....
Improvement bonds
car
744,000
....
"^Mortgage bonds
Boat and
.
-
1876
1865
1869
Preferred stock
1st mortgage, extended
:2d mortgage
k
$1,063,000
....
....
1802
103
J Preferred stock
,
$....
31,
1876
In 5 years.
Sept., 1869
March, 1886
Nov. 1, 1876
N. Y., Ill Broadway.
do
do
Aug. 1, 1881
New York, Office.
Oct. 20,1876
N. Y., Farm L. & T. Co. Nov. 15, 1876
do
do
May 15, 1881
do
do
Feb. 15, 1887
di
do
Aug. 15,1892
do
do
April 1,1885
do
Oet. 15, 1878
do
....
....
;
.
m
.
m
"
J. & J. N. Y., Company’s Office.
1879
A. & O. N.Y., West. Union Tel.
Oct., 1876
J. & D. N. Y., Company’s Office. Deo. 11,1876
Nov. 15, 1876
New Yo~rk, ’Office.
J. & J.
New York, Office.
Jail. 15, 1877
Now York, Office.
Jan. 15,1877
Q.-J.
M. & N. N. Y., Union Trust Co.
May, 1902
M. & N. N. Y., Treasurer’s Office
May, 1900
M. & 8. London, Morton, R.& Co Maroh 1,1900
M. & N.
Philadelphia.
...
....
on the shares from time to time in 1876, the last due
Oct. 9. (V. 22, p. 233, 305, 328; V. 23, p. 112, 329.)
Pacific Mail Steamship Co.—Change of manage*
ment,May, 1876. Report of old Board, V. 22, p.
543. (V. 21, p. 40. 207, 231, 278, 324, 349, 396 ;
V. 22, p. 42, 257, 281, 305,368,513, 5 43,591.)
Pennsylvania Coal.—Tlus company operates a rail¬
road of 47 miles connecting its coal mines with
Branch of Erie Railway ana Delaware & Hudson
Canal at Hawley. Dividends in 1874 were 45 per cent
a
Floating debt, $625,000.
Company.—Report in V. 23,
402; last year in V. 21, p. 467.
year.
Pullman Palace Car
p.
Quicksilver Mining Company.—Annual report for
1*75, with balance sheet, &c., in V. 22, p. 303. See
V. 19, p. 584; V.20, p. 141, 429, 538; V. 22, p. 233, 303,
»per year till Coed by Lehigh Valley RR.guarMountain 1885 Company.—This is
United States Express.—New stock of $1,000,000
issued. (V. 22, p. 159; V. 23, p. 87.)
Western Union Telegraph.—The company holds
$7,267,735 of its own stock, making the total
$41,073,410.
In May, 1876, purchased control of
Southern & Atlantic Company, and leased it. (V.
22, p. 136. 175, 162, 257, 368, 568,591; V. 23, p. C3, 87,
280, 330, 3 7 8 599 )
10 i.
,
@FedFRASER