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wmtant

Ittkste'
OF TIIK

COIHIHERCIAL AND FIi\iiN€lAL CflRONICLE.
rUBLISIIED ON THE LAST SATURDAY OF EACH MONTH
Famished Gratis

NEW

YORK, JULY
Bankcn« and

Bankers and Brokers.
J.

&

Kennedy

S.

BJNK£BS AND

BANKEU AND

A

PiriSBUSaB, PENX.
Ali business relating to the Construction and Equipment of Hallroads nndertaken.

2 Ezcliaiige Court, Neiv York.

No. 16 Wall Street.

Transact a general banking and brokerage business
Railway shares and bonds. OoTemment Secnntles
and Gold.
Interest allowed on ileposlts.
Investments carefully attended to.

m

HilmerSjMcGowan & Co
BROKERS

cate with us.
Member of the

Wm.

BOX

BA liTIIWORE,

of every description bought
and sold on Commlsjiion Orders; w'Jich have direct
personal attention.
Especial attention is given ;o TnveBtment Securities
of the higher grades, quotations for which are furnished as required.

Correspondence

solicited

CASH CAPITAL

Com

LOUISVIIiliE,

George

ir

A

F.

BfTD vK Gbakt.

Hatch

STREET,

I. li

BANKERS,
OOVKRNMENT

O. 3t.

&

Jons

Co.,

SHisr' eld.

F.

Keleher

&

AND

BONDS

AMSTERDAM, HOLLAND.
N. T. Cor.-espondentsv—Messrs.

Buy and sell Government, State, County. Township
and Municipal Bonds. Coupons collected. Missouri
Bonds a specialty. Foreign exchange bough and sold.

Swan & Barrett,
BANKERS AND BROKERS,
200 middle

PORTLAND,
hold RKGULAR
SALEh' of all classes of

AOCTION

STOCKS AND BONDS,
WBDNESOAYS AND SATURDAYS.
,

ADRIAN H. MVLLER
Ho. 7

PINB STREET,

NEW

Street,

J.

St.,

New

York,

DRALKB IK

dc

SON,

YORE.

ST. liOlIIS CITY ic COUNTY BONDS
AND ALL CLASflRS OF
INVBaXMKNT & MISCm.I^SEl)U3 SEUURITIBS
Refers byrennlasloD to W.B. Klctiols

ft

Co.,

Banlten

S.

BLAKE BROS, ft CO

King

&

Co.,

BANKERS,
45 Pall mail, London, Encland.
Issue CIRCULAR NOTES />««/ c*or«i«, aTmU»*l«
aU paru of

Grant

Alden Gaylord,
33 IVall

Henry

IB

niAINE,

Dealers la Government, State, County, City and Rail*
road Bonds, Bank Stocks, &c.
Desirable Investment Securities constantly on hand

oa

A
BUSINESS.

Co., COniSilSSION IdBROHANTS,

No. 305 Olive Street,

At Auction.
onder«ig;ned

TRANSACTS
GENERAL BANKING

BANKERS

ST. i^ouis, ino.,

BUT AND SRLi;
BONDS, GOLD, STOCKS

MISCELLANEOUS BBCtJRITIES.

The

Felix Orisab, President.
Alfbrd IIaqdinat (Graff & Maqulnay), Vlce-Pna.
.1. B. Vox TEE Bkkk (B. Von der Becke).
Otto OtiNTHER (CornelUe-Davld).
Ehilk de Gott\l.
AD. Frank {Frank, Model ft Cle.)
Aco. NoTTEBouM (Nottebohm Freres).
Fb. Dbaxis (MIchlcls-Loos).
.loH. Das FniiR-iiiNN, .)e. (Joh.Dan. Fuhrmana).
l.ofls WKiiEif (Ed. Weber & Cle.)
JCLKS Rau ntssTBAUCu (C. Schmld ft Cle.)

BANKERS AND BROKERS,

STREET,

9,000,000 Francs.

Adolph Boissevain & Co.

CINCINNATI, OBIO.

P.

and

&

BROKERS,

Foote,

No. 13 tTALI.

STOCKS

Co.,

$200,000.,

Eustis

-

HOARD OF DIBECIOBS :

KENTi;CK¥.

BANKERS AND BROKERS,

No. 33

Antwerp.

I

Paltl-Up Capital,

W. Norton &

TRANSACT A OENKRAL BANKING BUSINESS.
STOCKS BOUGHT AND SOLD ON >:l>MMlSSIOJi.
INTEREST ALLOWED ON DEPOSITS.

Anversoise,

Centrale

Setiurltfos

2,347.)

Company,

SECITRITIKS.

Ban que

MB..

chants, for duties.

Bonds and

York.

Foreign Bankers.

&;

Purchase and sell Governments and Coin.
Gold constantly kept on hand for the supply of Mer-

.

&

RAILROAD

Sons,

BANKINO HOUSE OF

hills.

Grant

34

SPECIAL ATTENTION GIVEN TO THE NEGOTIA
TION OF

Dealers in GovernnientH, Coln^

IN

Special attention paid to the negotiation of

merclal

&

BBOWV.

.

Exchange.

Fisher
BANKERS,

PBJED. A.

BANKERS,
Ptne Street, New

Invetftiueut Securities,
Opposite Second St.
2 SOUTH STREET,

FOREIGN EXCHANCiE AND GOLD,
63 ITall Street, New York.
G.
(F. O.

New York i^tock

BKOWN,

H.

Walston H Brown & Bro.

SPECIALTV.

Stale, Municipal anl Railway Bonds and Coupons
boaght and sold at beet market rarei>. Investors or
dealers wishing to ouy or sell are invited to communi-

And

Gwynne & Day,
18S4.]

WAL8TON

City.

Co.,

BANKERS AND COMMISSION MERCHANTS,

[Bsubllsbed

STOCKS, BONDS and GOLD Bought and Sold Od
Commission, and carried on Margins.
Deposits KecelTed and Intei est Allowed.
t7~ Accounts of Country Banks and Bankers re
cclved on favorable terms.

BROKF.R,

New York

New York

St.,

Transact a General Banking Business.

SOUTHEUN SECURITIES

Edgar Thompson Steel Co. (Limited),

&

70 Broadway SclS Neiv

John B- Manning,
No. 14 ^Vall Street,

Francis,

BANKERS AND BROKERS,

See quotations of City Railroads In this paper

JOBSSTOWN, PEXN.,

&

Trask

CITY RAILROAD STOCKS Hi BONDS
BOUGHT AND SOLD.

Cambria Iron Company,
AND THE

Bankers and Brokers.

I

NEW TORK.

ST.,

Boy tod sell KAllroad Investment Secarftles. Colect Conpons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
AgenU for the sale of STEEL KAILS made by the

R. T. Wilson

Broker«i.

BROADtVAY,

No. 145

lOEBCItANTS,

27. 1878.

H. L. Grant,

Co.,

4 1 CEDAR, C'^R. WILLIAM
new ITork.

to all Subscribers of the Chronicle.

the world.

COMMERCIAL CRBOIT8

for iu« acaliut

ConsUcnmenU of MercbandlM.
Execute Ordert on ttae London Stock Kxebaaga.

Make Collocttons on all Points. RecelTS DepoMt
and Cnrrwt Accooata oa faToralila «ennB,and do
General London and Forelin Banking Bn«me*a.

KING, BAILLIB &

CO., LlTcrpoot.

NEW TORK C0RRKSP0NDENT8.
nessra. WARD, CAUPBEIiL & OO.

INVESTORS' SUPPLEMENT.
Boston Bankers.

California Banks.

&

Chas. A. Sweet

Co.,

Financial.

The Bank of California, San Francisco.

UNION TRUST

CiriTAL, Paid up in Gold, $5,000,000.

BANKEKS;

WM. ALVOKD, President. THOMAS BROWN, Cash'r.
B. MURRAY, jB.,AB8t. Cashier

STATE STREET, BOSTON.

40

SECU-llTIES, Gold
County asd Railroad Bonds.

&

Parker

0«antr Bands.
Wx. BixLOu.

GioBsi H. Holt,
Member N. T. Stock Excliange.

Geo.Wiii.Ballou&Co
6

WALL

8TRKKT,

78

DEVONSHIRE

ST.,

Receive deposits and transact a genera] banking
buBlness execute orders at the N. T. £tock Exchange
for Stocks, Government, State, Municipal and Railroad Bonds and Gold.
;

Particular attention eiven to the pnrcbase and sale of ]?Ilnlns Stocks In San
Francisco, for which we have the best
facilities; also all other California Securities.
Issue Bills of Exchange, Letters of Credit and Telegraphic Transfers on London, Yokohama, Shanghai,
Hong Kong, Honolulu, Virginia City and Ban Francisco.

Municipal Bonds.

(LIMITED),

paper.

P. N.

&

Wilson, Colston

BANKERB AND BB0KBB8,

)

and VIRGINIA BBCURITIBS a
and

Information

COBBKSPONDKNTB— McKlm Brothers A

fur-

r'o.

Austin,

J.
STOCK BROKER,
203 WALNUT PLACE (316 WALNUT

ST.),

PHII.AJDEE.PHIA.
Orders In Btocks and Bonds promptly executed
he Philadelphia and New ork JBoardB.

at

amounts of

and upwards, yielding EIGHT to
TEN per cent semi-annual Interest, and negotiated
through the houses of
BURyHAM, TREVKTTA MATTIS, CKampataH, III.
BVRNIIAM ,t TULLE rs. Council lllujrs, Iowa.
BURNHAM A BKYKR, Orinnell. Iowa.
BUSNIIAU, OBMSBY it CO., Emmetsburg, Iowa.
All these loans are carefully made, after personal
Inspection of the security, by members of the above
Arms, who, living on the ground, know the actual
value of lands and the character and responsibility of borrowers, and whose experience In the busifl.OOO

ness for the past SIXTEEN YEAHS has enabled
to give entire satisfaction to inve s tors.

A

i

them

Solid Ten Per Cent.
OLD AND TRIED.

Bonds, Btocks, SAVINGS BANKS EVEN, prove
bHttle reeds. The oil CENTRAL ILLINOIS LOAN
AGENCY stands unmoved amidst the storm. If you

Southern Bankers.

ArtdOLUlELY SAFE IN ANY
CONTINGENCY, adt-ress. for circular—" Actuary of
KANSAS, MISSOURI & CENTRAL ILLItfOlS LOAN
AGENCY," Jagkbovville- III.
wish Investments

B ». WILLIAMS. JNO. W. MILLBP,
B. MILLER.

CUAS.

Thos. P. Miller

&

Co.,

BANKERS,
inOBILE, ALABAmA.
Special attenllon paid to collecllons, with prompt
remittances at current rates of exchange on day of

^ymeat.
Correspondents. — German American Bank, New
Fork; Louisiana National Bank, New Orleans : Bank

of Liverpool, Liverpool

K. B. BuRBUBB, Pres't.

WILRIINUTON,
made on

all

Bank,
N. C.

parts of the United States

THE CITY BANK OF HOUSTON,
Capital, $S00,000,

Houston,

Texas.

We Rive special attention to collections on all accessible points.

DiBBOTOBS-— Benjamin A. Botts. Pres't C. B. Long!

eope, W. J. Hut^hlns. F. A. Rice, C. C. Baldwin, W. fi,
Botts, Rob't Brewster.
BBNJ. A. B0TT8,
Pres't.
i~
<=
=. *
B. F. WEBM8, Cashier.

«. F. Pbkzbl,
President.

(

BTATE BANK.

}

(Incorporated iSiS.f

C. T. WaLKBB
Cashier.

German Bank,
LITTLE BOCK, ABK.'
CAPITAL

(Paid-uc)

SCBFLUB
Prompt attention given

$7S,000.
85,000.

to all boslness In oar line.
N. T. CosBxaroNDsxTs, Donnell, Lawsos * Co. and

Mm MctropoUtsn NsUoul Btak.

SAMrXL WlLLETO,
Wh. WBiTEWEtoiiT,
Geo. Cabot Wabd.
Theodobe Roosbvblt.

E. B. Wbslkt,
S. G. Williams,

H. OGILVIE, Secretary.

The Brooklyn Trust Co.
ft

Clinton

sts.,

Brooklyn, N. Y.

Company is authorized by special charter to act

•s receiver, trustee, guardian, executor or administrator.
it can act as agent In the sale or management of rea)
estate, collect Interest or dividends, receive registiy
anc* transfer books, or make purchase and sale ox OOT*
tni aud other securities.

emK

Religious and charitable Institutions, and persons
unaccustomed to the transaction of business, will find
this Company a safe and convenient depository for
money.
RIPLKT HOPES. President.

CHAS. K MARVIN,
RDeAB M. CnLLBH, Counsel.

Vloe-Pres

t.

TRUSTBKB:

Henry Sanger,

J.B.Rockwell,

Alei.McOue,
Chas. R. .Marvin, A. A. Low,
Thomas Sullivan, AHm. B. Baylls, Henry K.Shddon
U.E. Plerrepnnt, Dan'lChauncey, John T. Mamn,
Alex. U. White.
JoslahO. Low, Kipley Ropes.
Austin Corbin. Ednjund W. Corlles.
John P. Ralfe,

R.

BUNKER.

Secretary

Safe Deposit Co.
OF NEW^ YORK,

(THE FIRST ESTABLISHED IN THE WORLD.)

FRANCIS H. JENKS,
140, 142

&

146

RENTS SAFES

PresdH.

BEOADWAT, COR. LIBERTY
In Its

ST.

BURGLAR-PROOF VAULTS,

($15 to $300 per

annum)

;

also

RECEIVES ON SPECIAL DEPOSIT
UNDER GUAR.4NTEE,
BONDS, STOCKS, MORTGAGES WITH THE BOND,
WILLS, PLATE, JEWELRY, VALUABLE PAPERS
$1 a year

on

Bonds, or a tenth of one pr. ct.

$1,000 of

E.

Bailey,

S.
7

PJNE STREET.
Dealings in

Insurance
A

Stocks

SPJECIA1.TY.

Wanted Money

Gash paid at once for the al)OTe Securftles; or tney
wl II be Bold OP commlaalon. at seller's option.

TO LOAN ON APPROVED SECURITY IN
lO^VA, NEBRASKA AND DAKOTA.

Geo. H. Prentiss,

10

TO

12 Per Cent Guaranteed.

FOR SILE.

A

Choice lot of Lands In dIfCerent parts of the
West. Also, Western Securities. A Choice Invest
ment. Address, for full particulars.

WiLKm, Cashier.

A. K.

First National
Collectloni

EXECUTIVE COMMITTEE.
At;ecsTra Schxll,

The

CHAMPAIGN, ILI..,
OFFERS FOB SALE
FIRST MORTGAGE
Co., REAL ESTATE
COUPON BONDS,
In

KING, Preeuient.
Hce-President.
2d Vice President.

I«(

M. McLBAW,

J.

(Eetablished 1861.]

Specialty.

rHOS. p. XILLXB,

M. McLean,

J.

W«. Whitewsioht,

Wm.

A. C. Burnham,

BAI.TIX.ORE.

Bell

EDWARD

Cleartng-House.

Financial.

Phila. &. Baltimore Bankers.

solicited

-

Seligman* Co.

$6,000,000.
1,650,000.

Board

InTestmeat Becarltles coastantlT on hanii.

Correspondence

•

St.

w.„„.„.
IGNATZ STEINHART, ("'""**"•
LILIKNTHAL Cashier.

AnctlODS.and Private Bale.

Disked.
N. 1.

& W.

FHEI>'K F. LOW,

Commercial

Orders eiecDted on Commission at Brokers

$1,000,000.

LEGAL DEPOSITORY FOR MONEY.

This

Transact a general Banking business. Issue Com
mcrclal Credits and Bills of Exchange, available in all
parts of the world, t ollections and orders for Bonds.
Stocks, etc., executed upon the most favorable terms.

Boatoti, mass.

IHVBBTMBNT

J.

Authorized Capital, •
Paid-up and Reserve,

CONGRESS STREET,

Dealers In Stocks, Bonds, Gold and

.

.

Interest allowed on Deposits, which may be made
and withdrawn at any time.
N. B.—Checks on this institution pass through the

Cer. of Montagne

LONDON, Bead Office, 3 Angel Conit.
SAN FRANCISCO Office, 482 California

Co., NEW YORK Agents,

BANKERS,
No. 3S

.

St.

Authorized by law to act aa Executor, AdministraGuardian, Receiver, or Trustee, and Is a

J.

Anglo-Californian Bank

&

-

.^T

tor,

T H B

BANKKRS AND DEALBKS IN

Brewster, Basset

No. T8 Broadway, Cor. Rector

HAS SPECIAL FACILITIES FOR ACTING AS

BANKERS,

Boston,

Neiv Ifork,

CO.

YORK,

AGENTS FOR THS BANK OF CALIFORNIA, Transfer Agent and
Registrar of Stock§.
No. 12 Pliie St., New York.

Stackpole,

BAN&KRB.ns OKVONBHIRB BTRBKY
BOSTON,
Bar and Sell Western City and
earn.

NEW

OF
CAPITAL,

Laidlaw & Co.,

DBALERS IN GOVERNMENT
State, CltTi

XXVn.

[Vol.

D. H.

Room

30

23.

TALBOT,

General Land, Scrip ani Warrant Broker,

Sioux City, Iowa.

BROAD STREET.

CAS STOCKS
A

BPECLALTY.

Brooliirn Secnritles Bongrtatand Sold

Reference.— First National Bank. Sioux City, Iowa.

Albert E. Hachfield, Brinckerhoff^Turner & Co
Manufactarers and Dealers in
18 WALL STKEET, NEW YORK,
DEALS IK

First-Class Investment Securities,
CITY BONDS OF ALL KINDS,
RAILBOAD BOHDS AXD BOrTBXBH BXODBITIXS OF
AU. DBBOKIPTIONS.

W^ ANTED.
Southern Railroad Bonds, all kinds.
Toledo Logansport & Burlington Bonis.
Kansas I'aclflc Ratlroa*: Bonds.
Vnlon A Logansport Bonds.
Indlanapalls A Vinccnnes Bonds.

N. T.

Beers, Jr.,

Brooklyn

Stocks,

GAS STOCKS,

9H

WALL 8TBEBT.

COTTO:^

DUCK

CAR C0TERIN6 AND CAR SEATS,
INCHES WIDB,
And all kinds of
COTTON CANVAS, SAIL DUCK, FBI1TIN9
DUCK, BAGGING, RAVENS DUCK, SAIL
TWINES, Ac. "ONTARIO" SEAMLS»S
14 to 150

BAGS,

"AWNING

STRIPBS."

Also, Agents

Bunting ^Company
A fall supply, all Widths and Colors slwajs

IJntted States

in stock.

109 DVANE ST., TiKMT YORK.
XuuBT A. Brinckishoff, J. SriHoxB Tvana,
HrasT

D, FoLHiMUs, Special.

\[kBM ^mUient
OP

TlIK

COnmERCIAL AND FmANCIAL CUBONICLE.
PUBLISHED ON THE LAST SATURDAY OF EACH MONTH
Furnished Gratis to all Subscribers of tlie Clironicle.
jeu l9tS, br Wu. B. Dxrfx M Co., la the ofllM of tii« Librarian of Concreu, Wuhlaiton, D. C.t

(Batarad Moordinc to «et of CoosrsM, In the

NEW

YORK,

INVESTORS' SUPPLEMENT

J

I

The

effect of

—What
When

Cnmtnfrnal nnh

finanrial

One number

of the

Sdfplbmbnt

with the I'iNAHriAi. Retisw (Annua!) for 1*78.
Transient advertisements are Inserted at twenty-flve cents per

is

bound np

line;

adver-

tisements by the quarter, six months or year, at special rates.

VVILLIAin B.

DANA
79

d-

Sc

CO., Pnbllalier*.

81 William

all

these things

is

a safe investment

doubt

is

is

make bondholders

to

them upon the

old time inquiry

?

thrown upon the

stability of general

investment securities, the attention of those who have
saved money is turned towards local investments, and
mortgages on real estate, of which the value is well

Cjiranirle.

Th« Supplement i« iairaed on the last Saturday of each month, containing
a complete exhibit of the Funded Debt of States and Cities, and of the Stocks
and Bonds of liailroad and other Companies.
It Is furnished without extra charge to all regular subscribers of The
CmionicLE; no single copies are sold at the ofBce, as a sufBclent supply Is
printed for eubscribcra only.

1878.

27,

thoughtful, and to put
of

OP TIE

LY

sireel.

to the lender, should naturally be in demand.
Prime, well-secured, real estate mortgages in city or
country, in the Eastern and Middle States, ought not to

known

per cent interest, as financial affairs now
is hardly necessary to remark that the
present low standard of valuation affords to the mortgngee a comparatively safe basis for his investment.

carry over

stand; and

liailroad

improved

INVESTMENTS IN JULY.

it

bonds are
outlook

in

demand, and

for

railroad

it is

clear that the

property

which

has

come as a result of the heavy business of 1877-8 has
brought them into favor again. The nie of interest is

The month of July is usually one of some activity in
investment securities, in consequence of the large semi- tempting, since the standard for first-class bonds is
annual disbursements for dividends and interest made at pitched at 4 per cent by L'nited Slates securities, and
the first of the month. The present July has hardly there are very few railroad bonds which pay less than 6
The Uncertainties attendbeen an exception to the rule, and during much of the per cent on their par value.
time there has been an active demand for investment ing, in some degree, the whole class of municipal bonds,
have al>o tend to make investors look for some sort of bond
been particularly active, and the sales of 4 per cents, i^ directly secured on a specified piece of property, and
per cents and fives have been large. The demand has this they have in case of a railroad mortgage as well as
come both from private purchasers and from corpora- in a real estate mortgage. We have frequently referred
tions, and among other parties it has been observed that to the prominent defects in our railroad mortgage bonds,

Government

bonds, at advancing pricss.

securities

mainly from the lack of representation of

depositors in savings banks after receiving their July

which

some cases withdrawn their deposits
The sales
and invested in government securities.
of 4 per cent bonds by the Treasury proceed very satisfactorily, and it is well worthy of notice that neither the
silver legal-tender law, the general talk of communism,

the bondholders' interest in the control of the road, and
the difficulty of getting a just and speedy remedy after

dividends have

in

nor the " greenback -national" conventions have apparently any effect in checking the sales of government

bonds; and

this confidence in the

United States

securi-

evidence of a belief that the faith of the
Government with its creditors " must and shall be

ties is practical

arise

default has been

American

made; but with these two removed the
bond, well secured, should become

railroad

one of the best investments in the world.
Our Boston correspondent writes that the tone of the
market for bank shares has completely changed. From
being excessively du'l, with a steady depression in prices,
there is now a quick demand, and whenever public
quotations are made they usually show an advance of 3

Boston banks pay their semi-annual
to 5 per cent.
In State and city bonds there is nothing essentially dividends in April and October. Manufacturing stocks,
new. The Supreme Court in Arkansas adds one more on the contrary, are the dullest of anything on the list,
to the line of decisions against bondholders by declaring, and even the " high-toned" stocks do not command the
on technical grounds, that the Levee bonds of 1869 and usual attention. The railroad speculation, mainly in
1870 are void.
The Supreme Court in Missouri, in Atchison Topeka & Santa Fe and ite several connecdeciding County bonds void, makes a vituperative tions, which has ruled in that market for several weeks,
preserved."

S. Court in Louisiana appears to have reached its present maximum, and a
Orleans city bonds of 1852 rapid decline has now set in. The dividend-paying
(payable 1650,000 yearly and supposed to have been railroads generally sell at full previous prices, with an
" iron-clad,") as having no claim to special taxation for advance in some. In State, city and town bonds and
their support.
The city of Pittsburg is toying with the good railroad securities the demand is steady and prices

attack

upon bondholders.

holds the consolidated

The U.

New

subject of compromise, and testing the endurance of

its

are well sustained,

bondholders in the mean time by not paying interest. capital and the low

owing

to the great

rates current

on

abundance of

idle

first-class paper."

——

.

.

....

INVESTORS' SUPPLEMENT.

IV

PR.4.CTICAL CONCLUSIONS
COMPANIES,

Amount of

AND CH\KACTKR1STICS OF

Equipment,

A.

3 Sinking fimd, 88,
Oliio & MissLssippi—

1 Income and fand. delit, 7e, '82
2 let consol. mortgase, 7s, 1898
3 1st consol. mort., fis, stg., '98.
* 2d consol mort., Ve, s. f., 1911.
5 Debenture, 78, skR. fd., 1883.
6 IstM. (Springf. r)iv.),68, 1905

Balance of
that can total net
be paid from earnings
net earnings, over e.aid
less 25 per et interest

Int'r'st

Total

Amount.

B.

C.

D.

$

Less
25 per cent
E.

Rejiakks.

G.

176,5,50

$
137,519
127,066
132,413

alt
all
all

1875
1876
1877

863,510
842,306
867,184

647,633
631,730
650,388

lto3

.177,110

386,400 Net earnings for 8 months

ito:!

477,110
477,110

.365,196

ended Dec. 31, 1877, were

lto3

300,074

$578,123.

27,335
9,000
118,440
180,000
2,500

1875
1876
1877

732,729
730,353

549,547
547,765
565,394

all
all
all

337,275
337,275
337,275

.395,4.54

753,8-59

124,000
338,000

8,680
23,660

1875
1876
1877

99,162
117,332
104,357

74,372
87,999
78,268

all
all
all

32,340
32,340
32,340

66,822 Leased to Del. Ijiek & W. for
84,992 bond interest and 9 p. c. oa'
72,017 st'ck. Lessees guar, consols.

500,000
1,200,000

40,000
84,000

1875
1876
1877

29,232
56,762
57,068

21,924
42,572
42,801

1

1

40,000
40,000

29,232 Re-organization of Louisv.
16,762 Pad. & Sonthw. Sold Aug.
17,068 24, 1876, iu foreclosure.

203,350

1875
1876
1877

1,055,100
1,175,616
1,071,683

791,325
881,712
803,762

all
all
all

203,350
203,350
203,350

851,750 Stock receives 3 per cent
972,266 quarterly.
808,333

298,200
228,605

1875 n,304,.396 8,478,297
1876 11,087,561 8,315,671
1877 8,147,545 6,110,659

all
all

3,721,805
3,721,805
3,721,805

7,582,591 Earnings include all lines
7,363,750 owned and leased east of
4,425,740 Pittsb., and represent the
balance before payments to

$

1879
1890

8e,

Net Earnings.

saidBonds.

Ogdenslrars & Lake Cliamplain—
1 Equipuieut, 8s, 1 87S
2

Annual

see Foot-Note.)

Interest

Bonds Out- Charge on
standing

OlJTSTANDrSG.

FOR INVESTORS.—CoiUinncd.

For JSxpktnahons

(

[Vol. XXVII.

300,000
200,000
394,000

$
24,000
16,000
31.520

174,000
6,545,850
112,000
3,864,000
240,000
1,015,000

1875,
1876"

183,358
169,421

1877

12,180
458,210
6,720
270.480
16,800
114,900

390,500
150,000
1,692,000
3,000,000
50,000

71,,520

71,520
71,520

$
111,838 Formerly leased to Central
97,901 Vt., l)ut lease failed aud
105,030 property reverted Apr., '77.

Interest is paid
on Ist consol. bonds, 6 mos.
after due. Int. on 3d mort.
due since Oct., 1876.

Old Colony—
1

Debenture,

1881
1880

7s,

2 Debenture, 6s,
3
*
6

Debenture, 7s, 1891
Debenture, 6s, 189.5, '96, '97
Debenture, 5s, 1881

Oswego & Syracuse—

.

&

1 1st mort., 7s, 1880
'85
2 Consol. mort, 78. 1907

Paducali

&

393,078
416,584

Pays regular dividends on
$6,733,800 stock.

Eli zabetli town—

1 1st mort., 8s, 1897
2 Income, 7s, 1896

Panama—
1

Sterling mortgage, "s, 1897.

2,905,000

Pennsylvaniar—
1 iBl mort, 6s, 1880
2 State Lien, 5s ($460,000

4.970,000
a yr). 4,572,110
1910.-. 20,000,000
« Consol. mort., 6s. s. f., 1905.
29,250,000
B Navy Yard mortgage, 6e, 1881
1,000,000
6 Car Trust, 6s, gold (s. f. 10 p.c.)
3,000,000

3

General mortgage.

68,

.

Pennsylvania & New York—
1 1st mort, 7s, 1896. guar
2 2d mort, 78, 1906, guar
'

Philadelpliia & Erie—
1 1st mort (S. & E.), 7s, 1897.
2 1st mort. (general), 6s, 1881
3 let mort. (gen.), 6s, stg., 1881
* 2d mort.. (general). 7s, 1888..
B $20,000,000 M., 6s, gold, 1920
.

& Reading—
Debentiu-es, 6s, 1893
Debentures, 78, 1890 & '93.
Mortgage, 6s, 1880 & '86
Mortgage, 78, 1893
Mortgage, 5e, 6s & 7s,'80 & '82

1,200,000

all

1,7.55,000

own bonds and stock.
Car trust bonds assumed.

60,000
180,000

its

1,500,000
1,500,000

105,000
105,000

1875
1876
1877

539.158
608,109
663,015

404,369
456,082
497,261

all
all
all

210,000
210,000
210,000

329,158 Bonds guaranteed by Lehigh
398,109 Valley Co. PayslOp. c. ou
403,015 $3,500,000 pref. stock.

976,000
2,000,000
3,000,000
3,000,000
8,680,000

68,320
120,000
180,000
210,000
520,800

1875
1876
1877

954,616
920,547
884,175

715,962
690,410
663,131

lto4

Ho'l

578,320
578,320
578,320

376,296 Lea.sed to aud o^rated byj
342,227 the Pennsylvania RR. Co.,
305,855 net earnings beiug paid as
rental
The lessees guarantee the gold bonds of 1920.

1,135,300
10,527,900

68, ,118
736: 953
95, ,370
189: 000

1875 6,872,659 5,154,494
1876 S.112,436 2,334,327
1877 4,373,022 3,279,767

all

Ho*

.

Philadelphia
1

2

3
<

6 Mortgage, 6s

and

7s, 1911....

1 Mortgage, 6e, gold, $& £, 1911
8 Impr. mort., Os, gold, $ & «,'97
9 Mortgage, 68, cuar.,$&£,190S
10
11

Income ($10,000,000), 7s, 1896
Interest scrip, 6s, 1882

12
13

Schuylk. N. bd3..68,'95,'13,'15

East Penn. bonds. 6s, 1888 ..
Philadelpliia Wilmingt'u & Bait.—
1 Mortgage. 6s, 1881
2 Eegistered, 63, '87, '92 & 1900
3 Ten ye.ir notes, 6s, 1887
Pittsburg & Connellsville—
1 1st niort (T. C), 6s, 1889
2 1st mortgage, 78, 1899
3 2d mortgage, 68, 1902, guar.
* Real est.ito, 6s
Pittsburg Cincinnati A Bt. Louis
1

1st mortgage

(S.

&

I.),

6s.

1884

2 ist nnn-tgage (N. ]>iv.), 7s, '90
3 Consol. 1st iuort., 7s, 1900..
* Consol. 2d mort., 7s, 1913...

Pittsburg Fort Wayne & Cliic.
1 1st mortgage, 7s,. 1912
2 2d mortgage, 7s, 1912
3 3d mortgage, 7s, 1 912
* Construction, 7s, 1 887
5

Equipment,

1884

Ss,

Pittsburg Titusville & Buffalo1 1st mort. (v.ar.), 7s, '82, '90,'96
2 Consol. mortgage, 78, 1896

Income, &c., 6s, 1896
Portland & Ogdcnsburg—
1 1st mortgage, 6s, gold, 1900 ..
2 New mortgage, 6s, gold, 1901.
3

Providence & Worcester—
1 1st mortgage, 6s, 1880
2

New bonds,

68,

.

. .

&.
1. Debenture, 6s,

mortgage,

1877....

7s,

1898

.

Rensselaer & Saratoga (D.&H.O—
1 General mort., 78, 1921, guar.

Riclnnond
1

mort,

6r, 187.5-'90.

. .

General mort, 6s, gold, 1904..
Sundry 6s, past-due
1st M. (Piedm't), Ss, guar., '88

Richmond Fredericksb. & Pot.—
1
,2

2,1.59,325

1,182,705
1,423,187

169,320
160,320
169,320

1,13.5,921

The propositions

March,

of

1877, have been carried out
in general, aud, so far as the
funding of the coupons of
the consol. mortgage and
the Pei'Icionum guaranteed
mortg., arc comiilete. The
amount of 6 per cent scrip
issued for these is $4,528,000. This scrip is exchangeable for income bonds due
1896. Schuylkill Nav. bds.

2,700,000
1,284,000
10,944,000
7,037,730
9,304,000
19,686,000
1,803,000
4,528,000
2,578,250
495,900

763: 730
458: 264
561, 840
1,181, 160
126, 210
271, 680
154, 695

262,000
2,000,000
60,000

15.720
1 50,000
3,600

1875
1876
1877

1,305,241
1,699,044
1,252,809

1,274,2,83

939,607

all
all
all

400,000
4,000.000
5,000,000
100,000

24,000
280,000
300,000
6,000

1875
1876
1877

157,860
475,961
423,833

118,395
356,971
817,873

l.fe2

,S04,000

1&3

304,000

3,000,000
775,000
6,222,000
2,500,000

180,000
54,250
435,540
175,000

1875
1876
1877

538,098
766,786
971,932

403,574
570,090
728,919

5,250,000
5,100,000
2,000,000
100,000
1,000,000

307,500
361,200
140.000
7,000
80,000

1875 3,278,398
1876 3,066,687
1877 2,864,457

2,458,799

2,580.000

180,600
80,850
21,032

1875
1876
1877

238,920
250,191
259,164

179.190

350,530

194,373

180,600
180,600

238,920 The Oil Cr'k & Allegh. R. sold
69,591 in foreclosure and re-organ78,564 ized as the P. T.& B. in 1870.

800,000
1,591,600

48,000
95,496

1875
1876
1877

104,047
91,065
09,431

78,035
68,299
52,073

48,000
48,000
48,000

50,047 In hands of receivor and
43,065 foreclosure pending.
21,431

500,000
650,000

30,000
39,000

1875
1876
1877

241,258
230,981
239,695

180,944
173,236
179,771

alt
all
all

69,000
69,000
69,000

172,258 Floafgdcbt, Sep. 30.'77, was
161,981 $1,438,000, to pay wUieli
170,693 tlie issue due '97 is nvide.

21,000
790,000

1,260
55,300

1875
1876
1877

96,110
88,701
85,750

72,083
66,526
64,313

all
all
alt

50,560
50,500
50,560

39,550 The roiid h.is licav.y invest32,141 ments in the new Raleigh &
29,190 Augusta.

1,925,000

134,750

1876
1877

694,786
660,195

521,090
495,146

all
all

134,750
134,750

560,036 Leased by Del. & H. C. Co. at
523,445 7 p.c. on bds. & 8 on stock.

000,000
1,767.000
1,473,000
131,300
500,000

42.000
100.020
88.380
7.878
40,000

1875
1876
1877

323,448
438,232
292,591

242,586
328,674
219,443

ito3

236,400
284,278
118,020

87,048 The Piedmont RR. is owned
153,954 by Rich. & Dan. Go. North
144,571 Car. RR. leased at $240,000
per annum.

1875
1876
1S77

202,248
190,176
146,203

151,686
143,032
109,656

all
alt
all

64,.507

arc
paid
on
137,741 Dividends
125,669 the Company's fuarantecd
81,701 stocks.

1.15.5,000

76: 560

'•

t

I

'

29, 754

'

are a.ssumed.

& Danville—

Virginia State Loan, 73

2 Consol.
3
1
s

4,713,334

ito« 1,929,731
ito8 2,949,835

978,931

2,.300,013

2,148,343

24,000

1

UoS

234,250

lto2
Ho^)

2,34,250

all
all
all

955,700
955,700

18'/,644

660,790

95.5,700

Main route between Phila1,529,724 delphia and Baltimore. Div1,083,489 idends on stock, 8 per cent.
] 33,860 Leased to Baltimore & Ohio
171.961 for 50 .years, from Jan. 1,
119,833 '76, for interest & ei'peuses.

303,848 Leased to Penn. Company.
532,536 Lessees pay interest defleits;
302,142 they also hold 2d mortgage
issues taken for advances.
2,322,698 I^eased to Peun. Comp.any,
2,110,987 for interest, &c., and 7 p. e.
1,908,757 dividends. Total rental for
1877, $3,847,732.

Gaston—

Raleigli
2 1st

1897.

1..5.S9,500

Debenture,
Debenture,

&

'95
6s, '75, '85
'90
8s, 18S0

&

..

3 Debenture, 7s, '75,'80,'8.">,&'95
* Debt certilicatea, 6a &7s, var..

87,277
450,000
175,842
165.145

5,236
3(i,000

12,308
10,963

i

all

1&2

64,507
64,507

—

Note These tables are intended to show the railroad bonds on which interest has been earned by Ihc roads tliemsclces on whUIi the bonds
arc secm'ed, aud not lihosc on which interest is paid l>y lessees without being earned. In the first column, giving names aud deseriiition. the small
figures .at the left .are simply for reference in the B\ibsequent column " F." In the first column of figures, "A," tlto tntal oulslaiulbig amoiinlof
ionds of the road is given in the column " B," the annual interest charge on such bonds in the eolunui " C," the Last three years for which
eaniings have been reported are given, the fiscal .year of the company in each case being intended the coluinn "D" shows the total amount of
true net earnings, .after deducting taxes, "extraordinary" expenses, and all such as are necessary to the operation of the road; the column "E"
shows 75 per cent of such net earnings, which is assumed as a purely arbitrary basis which wiU make the list " gilt-edgod ;" column "F shows
the particular classes of interest, in the order of their priority, which can bo paid out of the 75 per cent of net earnings in each year ; the column
'G" shows the surplus of total net earninr/n 'those given in colimin "D"), .after p.gying the classes of interest apecifli'd.
;

;

;

"

iTo be Continued In next " Sapplement."]

.

.

.

STOCK AND BOND TABLES.
NOTE

8

.

are exprwisly Intendwl to he iiecrt In connrctloii with the liiformatlon conccmlniit Invcutment matter*, pnliliehea from woelt to
ireek In tbe Ciikoniclb— to whioli an Inilcx U fiimlHhod tii tho roinarkn at the foot of tbe table*. Annual re|>ort« are In blaok-faoed tifpire*.
«oon
tbe offlolal "Detit StateA full doKorlptloD of U. 8. Qovemmcut Securities Is published regularly In tlie Ciu<o:(iCLE each montb,
meut" l« iMued.
Prices of all Stocks and Bonds are quoted weekly In the CiiROSici.l!.
The following will give explanations of eiicli column of the tables below:
i>e»crii><iort.— Railroads leased to others will often be found under tho Icssoo's name. The following abbreviations frequeDUy occur, vU.: M. for
"BiortKiiKi'." ». f. for "sinking fund," l.gr. for "land gi-anl,"reg. for" reglstci-cd," coup, for " coupon," Br. for " Branob," guar, for " guaranteed,"
end. for " i'ndoi»e<l."
,
,
Dale of /;«;)(/».—Tbe date of Issue on tlio face of the bond Is referred to In this column.
0/ A'ua<f.— Opposite Stocks, this means the miles of road ojierated, on which the earnings are based ; opposite bonds, tbe miles corered
by tbe mortgu^e.
Sitt or far Viifn*.— These flpircs are dollars, showing the denominations or par value. The figures " 100, Ac.," signify $100 and larger.
Kale Per Cent —The interest per annum Is given for bonds, but the iwr eent of latt diridend for stoeks; a means gold; z, extra; i, stock or scrip.
When rayable.—J. is, J. stanils for Jan. & July; F. & A., Feb. & Aug.; M. & 8., Mareli & Sept.; A. & O., April & Oct.; M. & N., May A. Nov.; J. &
D., Juno A. Dee.; O.— J., quarterly from Jiiiuiary Q.— F., quarterly from Feb.; Q.— M., (juartcrly from March.
bows tue period when tho principal falls due of (xnult, but tbe timo
aoM</», prinetjid/ leAfH rfn« ; SfocA'*, Ja«( dirtaeiirf.— The date in this column sbo
•when the last dividend was paid on ttoekt.

TbMe tablM

m

M

,

mio

;

STATE SECUKITIES.
«ab»rrlt>ers »vlH oonrer

a great f«vor by gflylig Imniedliite notice o< any error dUcovered In
Date of

DESCRIPTION.

Size or

Amount

par

Outstanding

Bonds.

Value.

For explanations see notes above.

1876
1876
1876

.Atoftamo-Substitntion bonds (A) ($7,000,000).
Substltufn b-ds for RR. (B) ($59(>,00<))
do
for Ala. & Chatt. (C) ($1,000,000)
Educational funded debt

$100&c.
100 &c.
100 &c.

'1874
Fumled " oliligatlons "
^rfcaJiTOi-yuiiding bonds of 1869 and 1870... 1869 to '70
1,000
1870
1,000
i'unding Honds 1870 (Holford)
1871
100 &c.
Levee bonds lor wairants)

Old unfunded debt, ineliuling interest
Ten year li'rts. Aet May 2i».'74
Sceured sinking fnnd bonds (Aet. Dec., 1874)

To MeniiiliisAr l.ittio Rock Kailro.id
To Little Koek it Koit Smith Railroad
To Little Roek, I'ine Bluffs & N. Orleans RR..
To Miss., Ouaehlta & Red River Railroad
lo Arkansas Central Railroad.
State per i|)
Californ in— Soldiers' relief
-State eajiital bonds
Fimdcd debt l>ouds of 1873
Comuclicii (—War bonds, 20 year
) Coupon
or
War bonds, '.'0 year
>
do
not taxable. 20 year.. ) regist'd.
New bonds, eoupon, 10-20 year
Di»i. of Columbia- Penn't Inip't, gold, coui)
Permanent improvement bonds, coupon
Fnnd. b'ds (U.S. guar.,Act8jimc,'74ifeFeb.,'75)

.

1838 to '39
1874
1875
1869
1870
1870
1870
1870
1863
1863
1870 to '72
1873
1863
1864
1865
1877
1872
1873
1874
1872
1871 to '73
1872
1869
1828 to '68

Market house bonds, coupon
Water stock bonds, eoupon
Wash, fmurg, Kld,(ij:6(i0.000 M.&N.,duc 1902).
Washington len year liouds (Bowen)
Other Washington debt, reg. stock
Cerponiilon of Georgetown, registered stock.
1871
rioriaa—Stntc bonds
1873
Consolidated gold bonds
1870
Loan to J.ieksouvillc, Pensacola & Mobile RR.
fleorsiia— Atlantic & Gulf Railroad bonds
1858 to '66
Bonds, aet of Mar. 12, '66 (renewal W. & A.)..
1866
Quarterly golil honds, aet of Sept. 15, 1870..
1870
Bonds, aet of Jan. 18, '72
1872
1873
Bonds lor funding (Act Feb. 19, 73)
1876
Bonds to fund coupons on endorsed bonds...
1877
Bondfi exchanged for endorsed RR. bonds
lUiiioU— Refunded stock bonds
Normal University bonds
Thornton loan bunds
War bonds
1876
/Bdfaiia— Bonds, short loan
1876
Bonds, short loan
School f \ind bonds (non-negotiable)
Joico— War ami defense bonds
'isoi
1861 to '69
iran«jK— Bonds, IStil to '()9, funding, io

Bonds

for various State purposes
Military loa u
louwiVoift— Bonds for relief of State

Treasury

Bonds in aid of various railroads
Levee bonds— Aet 3.5 of 1805
do
Aet 115 of 18ti7
do
special— Act 32 of 1870
Bonds funding coupons
do
to Boeuf & Crocodile Navigation Co.
do Issued to State Penitentiary

(V. 2!, p.

31»,

40, 397, 623;

V.

31, p. 88, 430.)

Levee boiicis if
ation, 10 mill".

HiB on

I

;87ii

invalid

Kjtte of tax-

The State Is In default for interest,
except on the ten per rents of 1-74 and sccircd
sinking fund bonds, issned under ihe law of Deeini
ber, ls'14. Asscstcd valuailon of taxable iirdnertv
$W,095,31.'). (V.ei.

p

171; V. 24,

p

88,

43

,

4«\ £64;

V. 25,p. 161; V. e:, p. '.5, 40.)
Ca/ifomia.-7\\e .State holds intrust for School
and University funds the *500,U0() Capitol bonds
and t3.(Xa,(i(X) of bonds 187;J. Total valuation of
property. 1K76 and 1877, was as follows: Real estate,
SII-<.8I<),033 in 1877, aealnsc t4.M,9fl0..3.')l in 1876;
personal property, tl9g,;M3,292 In 1877, agalnet
|13'J,3l7,69j

iu

I8J6— to'il, $«18,083,315 In

1877,

1,000

500 Ac.
56'&c.

50&C.
1,000

100 &c.

1.000

1000
500
500 &c.
1,000
1,000

250&C.

J.

7

J.

&"j.

6
7

5&8
Vg.
!«•

5,

7
7
7

6

6

a 'Ulnst »895,073,177

cents

ijcr

m

1876.

Tax

J.
J.
J.
J.
J.

J.
J.

&
&
&
&
&
&

1906
1906
1906

Montgomery.

July 1,1384.

1899
1900
1900

do

de

J.

New York, Latham, A A Co,
N. Y., Union Trust Co.

1884

.

do
do
do
do

1899
1900
1900
1900
AprU, 1900

do
do
do
do

&"j.

1883
1885
1893
Jan. 1, 1883
Jan. 1, 1884

Sacramento, Treasury,
do
do
do
do
Hartford, Treasury,
do
do
do
O.
do
do
N.
do
J. N. Y., First National Bank,
do
J.
do
A.
U. S. Treasury.
Washington, D. C.
J.
J.
J.
J.
J.

Oct. 1, 188.5

May

1,

1897
•

C

& J.
& A. N. Y., Fourth National B'k.
do
do
& J.
do
do
Q.-J.
do
do
J. & J.
do
do
A. & O.
do
do
J. & J
do
do
J. A J
J. A J N. Y., Am. Exebange Bank.
do
do
J. A J.
M. A S,
do
do
do
do
J. A J
New
York.
J. A n,
do
A. & O.
Various
J. A J. New York, Kount/.c Bros.
July.
N. Y.. UonneU, L. A Co.
do
do
J. A J.
do
J. A J
do
J. A J. $1.5,000
J.

1881aud'l888
May, 1886
Oct., 1890
Jnly, 1892

F.

g.

6
6
6

6
7
6

7

7
8

Various
Various

6

M.

8
6
8

7

July 1, 1896
Jan. 1 1S39
Various
Jan., 1880
Jan., 1880
Jan., 1880

Dec.
April

1,
1,

1879

1879

July'V,' 1831
1883 to '84
1878 to "99
1884 to '99
July, 1893
1872 to 1906

Amoimts

1886
1, 1907
1, 1875
1886 A '88
Jan. 1, 1890
March 1, 1909

not
fundable, per
remrt of Jan.
1, 1878.

May

March

80,000

roinoi*. —There is also about $300,000 of Int.
bonds inscribed stock, due Jan., 18,8, yet out.
The Illinois (Jentral Railroad charter tax on earn-

rate for 1876-7.

$100.

ings contributes over t,S0O,OuO per year to tho State
revenue.
For i877 the total assessed valne ae
equalized by local assessors was: lai.ds, f 4MI,704,984; town sndclty lots, *208,53l,ii.7: total, $892,4;2,315; total as equalized by State assessirs, $931,199,308. State tax in 1876, 3'8 mills. (V. 24, p. 40.)

/nrfiano.— There are also $1.W,0C0 of 6 per cent
war loan bonds. There has been some qnestlon as
to Ihe State's obligation to pay the Wabash & Erie
Canal debt. Valuation, 18(7, of all taxable property, S8w.!30,125, against $864,730,440 in 1878 and
8897,73!l,78:i In 1875.
Tax rate, 13 mills.
law
permuting towns to issue bonds was passed
1875.
similar
law
was
passed
for eonntics. (V. 19, p.
A
493, 52B; V. 21, p. 85; V. li, p. 1C4, S09, 615.)
A'an^o^.- Kansas has but a small State debt.
the issues of municipal bonds have been large.
valuation of real and personal property
1'he
hi 1877 was $136,010,113, against »IS2,!4-«.?»0 in
Tax rate, 6)4 mills for State purposes.
18T6.
State funds hold (610,0% of the bonds. (V. 2U, p. H;

A

m

A

hA

Georgta.—The cocstliutional amendment In 1877
declared void several iss-a. s of bonds and railroad
ei d rsements.
The "So. Ga. & Florida RR. has
$4t>4.iiCOof bonds endorsed, but the Company pays
ii-tere-t and the road Is estimated to be nearly woith

V.

Ihe bonds. The total State debt is tlO,90-i ,500. Asses-od value of property In 1877 was as f Hows:
Lands, J88.S'3.514; city snd town property, $51 2 i«,'M\; tota , Including personal, iii^.fiSi^.S.^ *, against
t31."i,a').3,';5<) in 1876 and $261,755,884 In tf<75; rate of
tax in 1877, five mills. (Sovernor's Message, V. 24,
(V. 84, p. 89, 15i; V. 25, p. 188, 162.)

April 1,1879 to '36

119,000

AN.
M. A S.
J. A J
J. A J
M. A 8.

District qf CoiamWo.- The total assessed valne
of taxable real estate in 1877 was $97.60:I,8!K); personal pioperty. $2I,i 00,000. The interest on ihc 3-65
bonds is pnivided for by Congr, ss. See law of 1378,
V. 2i. p 5M (V. 22, p. 131; V. 23, p. 542; V. 2», p
3!l; V. 26, p. 599.)
Florida.— IxiS liie sinking fnnd of $1.30,7O0,and J
P. and M. lean the total debt is fMS4,U'0, which
docs not inlude Sl'i2,000 bonds of 13S7, h-ld by
Indian Trust Fund.
Real and personal pioperty
ssses-ed in '77 at S80.S '8.3(7: tax rate. 9 mills. The
J ick-onville Pensacola
Mobile Hit. is in litigat.on.
(V. S3, p. 576; V. 25, p. 212.)

8».

1,
1,
1.

N. Y., Union Trust Co.

O.
O.
O.
O.
O.

Conn^tleut.—T^Q debt of Connecticut was all
created originally for war purposes. Assessed va'ue
of real and personal property. 1877, (814,406,877;
rate of taxation, 1^ mille. (V. 24, p. 38', )

p.

July
July
July

York,

do
do

J.

8

284.000
57,000
112,000
49,000
49,500
80,006
12,000

1,000
1,000

g.

!«•

1,000
1,000
1,000

500
100 &c

New

J.
J.
J.

Due.

July 1, 1891
July 1, 1891
Aug. 1, 1924
July 26, 1892
J.
Oct. 1.1901 to "03
1892 A 1902
J. New York and Washington
Washington, D.
J
Jan. 1, 1879
do
At pleasure.
6, 7-3 Various
1879-'84
6
do
Q.-J.
7
N. Y., Importers' A Tr. B'k
do
do
Jan. 1, 1903
6g. J. '&'j.

63,.500

1866
1867
1870
1866
1870
1869

A.
A.
A.
A.
A.

&
&
&
6
&
6
A. &
5
M. &
?«• J. &
J. &
3-65
F. &.
7
J. &
7
J. &
J. &
V- J. &
6
6

500

1853

J.

7
7
7

100 <tc.
1861 to '75 100 &c.
'65
1864 to

1,000
1,000
1,000
1,000
1,000
100 &c.

J.
J.
J.

T«ble«.

PriBclMl— When

i6'

l,318,.50O

1,741,100
1,031,000
4,000,000
670,000
13,743,250
150,000
431,000
1,810,000
279,000
736,100
251.500
350.000
923,100
4,000.000
800,000
3,000,000
2,097,000
307,500
800,000

J.

6
6

6
6
6
6

•

Arkaiuaf.—T\\(! State Soprcmo Court has decided

1,000
1,000

100 &c.

.

7

July

812.

506&c.

"e

&
&
&
A
A

<%c.

5
2 Ac.

.542,000

.

&

50b"&c.

2

2,298,000
224,000
23,000
86,000
142,300
200,000
510,000
3,904,783
300,000
101,175
739,000
289.000

.

Alabama.— Th^ State gives 30-vear bonds, dated
I, ISTi). bearing i per cent for 5 years. 3 per
cent for next 5 years. 4 per cent for next 10 year^.
and 5 per c,>nt for last 10 years, for old bonds, with,
out any allowance for past-due coupons.
Ala.
Chat, endorsed bonds are exchanged (for |;l,(X)0,OaO
of the new bonds, class C, which boar 3 per cent
for five vears and -I p<;r cent for reniaining 2& years).
For railr.ad endorsements the bonds issued
bears percent. An aralvsis of the debt and funding opirati.ins is in V. 54, p 28.
There were
$-^7itf».rO' of riiiirojid oliliaa'lon** uiiprov ded for in
thc'odjusuneni." The value of all taxable property
IS about tHiO,COO,000;
tax rate, 7 mi. Is.
Tho assessed valuation of ri-al estate in 18;n was 388.871,-

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

$6,216,600
536,000
515,000
2,810,670
1,000,000
1,886,000
1,316,000
1,986,773
1,985,955
258,300
375,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
1,353,120
95,500
500,000
2,801,000
877,000

nofo
Kate.

tl»e»e

INTEREST.
When
Where Payable and by
Payable
Wiom.

34, p. 40.)

LautsKKO.—'nie funding
scaled tho debt

bill

Court decision
voted fur N. O.
'

Is «(a'"ifid

passed Jan.

down to t>0 per cent of the

Funding was resumed May,
(See V. 24.

A

"77,

%\, 1874

face value
subject to 8a pre

p. 5i9).

m

Newbondswer

Pac RR. in '78, and their t alidlt
by the Supreme Court, but the Oovemo

1

. )

...

STATE SECURITIES.

TI

[Vol. XXVII.

Snbscribera will eonfer a gretU fkTor br sItIdx Immediate notice ot any error dtacoTered In these Table*.
INTEREST.
Principal—When
Date of
Size or
Amount
DESCRIPTION.
When
Where jiayable and by
outstanding.
due.
Bonds.
par
Rate.
Payable
whom.
Value.
For explanation see notes on first page of tables.
JjOuUiann—( Contimied) —
Bonds to fund floating debt of Stat«
do to Mississippi & Mexican Gulf Canal.,
do to Northern Louisiana & Texas RK. Co
do school & seminary, held by St. Treas..
do to N. Orleans, Mol:>ile & Chatt. RE
do to N. Orleans, Mobile & Texas RR
N. O. Mob. & Texas RR. bonds, end. by State
Consolidated funded bonds
Bonds for N. O. & Pacific RR. ($2,000,000)
Coup.
Jfatne— War loan bonds
i
or
Bounty loan bonds
regtsdo
do
Municipal war debt assumed
J tered.
JfortftoHrf— Baltimore & Ohio Railroad, sterling
Chesapeake & Ohio Canal, sterling
Railroads and canals
.

1870
1869
1869
1857
1870
1871
1869
1874
1878
1863
1863
1864
1868
1838
1838

.

1

I

$6,000
260,000
10,000
48,000
70,000
2,500,000
875,000
11,464.000

$1,000
1,000
1,000
1,000
1,000
1,000
1,000

100 &c.

(?)

385,000
307,000
2,330,000
2,826,900
2,010,000

500 Ac.
1,000

500 <tc,
100 Ac.

2,502,555
155,615
31,069

Various.

1839
1837
1870
1839
1839
1863
Deaf and Dumb Asylum Loan
1870 & '7Maryland Ho.spital Loan, 10-15 years
1872 & '76 100 Ac.
Maryland State Loan
1872
Treasury relief loan, 10-15 years
1878
J<a»»ac/ii(se'W— Back Bay Lands Loan
1861 to '62
500
1863
Coast Defense Loan
1,000
Bounty Fund Loan
1863
1,000
1864
Bounty Fund Loan
500 &c,
do
do sterling
1864
£100 &c
War Loan, sterling
1869
£200
Troy <fe Greenfield Railroad loan, sterling.
1858 to '61 £200 Ac
do
do
home ...
1861 to '63 500 Ac.
sterling..
1868
do
do
£100
sterling.
1871
do
do
200 Ac.
sterling
do
do
1875
£500
dollar bonds 1873 to '74
do
do
1,000
1875
do
do
do
1,000
Bouthem Vermont Railroad I^an
1860
5,000
Eastern Shore Railroad
Baltimore & Susquehanna Railroad
Chesapeake & Ohio Canal
Baltimore & Susquehanna Railroad
Annapolis & Elkrldge Railroad
Defense Bounty Loan

&

Boston, Hartford

Harbor

Erie Railroad, slerliug... 1868 to '69

Improvement

I>;inil

1874 &'76
1874 & '76

(5-203)

Dan vers Lunatic Ilospitu 1
Lunatic Hospital. Worcester

New

1875-'76

State Prisons, sterling
ISichigan Two Million Loan

—

War Bounty Bonds

Sainte Mane Can.al bonds
ifi/iHe»of«— State BuildingLoan
Stiite Building lo.-in, coupon
Railroad Bonds (not recognized)
MiesoitH 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 Railroivd of Missouri

—

Funding bonds
Renewal bonds,

coup., 5-208, (act Mch. 29, '7f
Joseph Railroad
do
renewal...
JVcf'ca»Av(- -Bonds (act Feb. 14, 1877) coupon
Hevada — State bonds
Territorial bonds
XciO Hampshire— War loan, coupon bonds.
Municipal war loan
State bonds
New J«r«ev— War loan bonds, tax free
War loan bonds, tax free
do
do
taxable

Hannitjal

&

St.

do

.

Jiew

York—

Cajial debt.

I

I

Under

Art. 7, Sec. 3, of Conand Art. 7, Sec. 12.

stltution,
I

declined to sign them and the qaestion of a mandato compel him is decided In his favor. The

mos

assessed value of real estate in 1877 wa8tI.38.164,81T;
personal, $.%,4()8,8;35.
f;l,606,3.')l,

MX mills.

The

and expenses.

gros's

revenue in 1377 was

S'<,Tl!l,41'i.

State tax rate,

(V. 84, p. 469, 519; V. 45, p. 90; V. in, p.
316, 34*, 4«3, 4T0, 5SS, 6S5: V. 87, p. 41.

JfollM.—The sinking funds ($911,4.%), Jsnaary,
1878, reduce the total debt to a net amount of
Valuation of total Uxables in 1875,
$4,962,4(>4.
$255,000,000: tax rate in 1877,
treaearer advUes 3X mills.

3 mills.

For

1,497,980

700,000
1,300,000
200,000
3,599,024

£200

700,000

1,000
1,000
1,000

1875
£500
1863
1,000
1865
1,000
1859
1,000
1869
1,000
1873
1,000
1858
1,000
1865 to '66
1,000
1868
1,000
1872
1,000
1874
1,000
1854 to '58
1,000
1857 to '59
1.000
1859 to '60
1,000
1854 to '59
1,000
1853 to '59
1,000
1874
1,000
1875-6
1,000
1857 to '75
1,000
1874
1,000
1877
1,000
1871
1,000
1872
1,000
1864
1.000
1872
100 Ac.
1873
100 Ac.
1861
100 Ac.
1863
100 Ac.
1864
100 Ac.
1875
1872
1873
1873
1874
I

269,000
528,355
298,435
62,605
3,326,750
225,000
465,000
691,291
500,000
220,000
888,000
200,000
4,379,500
4,000,744
999,944
554,180
966,500
2,952,400
5,598,912

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

629,000
357,000
46,000
50,000
250,000
2,275,000
439,000
2,727,000
401,000
104.000
1,945,000
I

I

i

I

392.000
504,000

M. A N.
6
f
7-30 M. A S.
260,000 1 .Amounts
not
A. A O.
8
fundable,
Various
6
48,000
70,000 'per report of
8
J. A J.
Jan. 1, 1878.
A. A O. 2,500,000
8
8
875.000
J. a" J.
N. Y., Winslow, L. A Co.
7
1

AS.
F. A A.
J. A D.
A. A O.
6
5g. J. A J.
5g- J. A J.
5
Q.-J
A. A O.
5
M.

6
6
6

3
6
6
6
6
6
6

6
5

g.

5g.
5g.
5
5

g.
g.

5g.
5g.
5g.
5g.
5g.
5g.
5

g.

5g.
5g.
5

A O.
A J.
A J,
A J
J. A J
M. AN,
J. A J.
J. A J
M. A N.
M. AN,
J. A J.
A. A O.
A. A O.
A. A O.
J. A J
A J.
A J
A J
AO
A J
A J.
A.

J.
J.
J.

«

5

g.

6

A J
A J
M. A N.
J. A J.
A J.
A J.
AD
A J
J. A J
J. A J

6

J.

6
6
6

J

5g.
6
7
6

7
7
7
6
6

J.
J.

Maryland.— The assessed valuation of property In
was $478,468,023, on which the rate of taxation
was 17)i cents per $100; receipts from railroad,
canal and other stocks owned by the State was
$190,758. The State has largely assisted canals and
railroads, and holds $4,235,7H "of stocks and bonds
1877

ranked as productive, leavtn? $6,396,322 of debt
wlthoai: any offset: the State also holds $23,360,682
ic anprodactlve securities.
Maisachu8ett8,—KM interest on the funded debt of
Massachusetts is paid in coin.
The credit of
the State stands high in London and at home.
During 1877 the funded debt was reduced
The sinking funds in January, 1878,
$330,000.

and personal property,

1877. $6.10,000,000. and tax
2^ mills. Surplus revenue is applied to purchase of bonds.
Minnf^ta.—PM the State bonds are now held by
the permanent school fund. Minnesota has refused
to recognize the "State Railroad bonds" of 1858
to the amount of $2,275,000. A proposed constitutional amendment in 1877 provided for a settlement
with the holder:*, but was defeated by a large
majority. Taxable property, 1875, $218,865,743. of
which $45,162,467 was personal in 1876, $218,8.')0,744.
of which $45,302,485 was personal; in 1877, $aa0,025,K18, of which $45,141,659 was personal.
State tax,
2 mills; tax for all purposes in counties averages
17Ji mills. (V. 22, p. 63, 567; V. 24, p. 40, 170, 287.)
Jfi«80«H.—The equalized valuation of all real
and personal property in 1377 was $610,.558,840.
The tax rate is 40c. per $100. To provide for bonds
maturing (^838.000 in 1877 and $490,000 in 1378) a
law of 1875 authorized the sale of new bonds. "The
Hannibal A St. Joseph Railroad provides for its
own debt. (V. 22, p. 83, 591; V. 23, p. 135, 397,

rate

were $10,805,69). The Hoosac tunnel has cost the
etate about $17,666,070,inclu(ling Interest paid. Real
estate assessed in May, 1877, $1,191,499,228, against
$1,262, 142.;!28 in I87i; personal, Including bank
ehares, $.W3,781,5;4 in 1877, against $537,708,863
in 1876. Deposits in savings banks, November 1,
1877, $243,972,325; corporation property above real
estate and machinery, $7i,536 016.
The loan to B.
E. Railroad was secured by deposit of $3,600,H.
000 " Berdell " mortgage bonds, afterwards exchanged for N. Y.
N. E. RR. stock, and had
asinkingfundof $1,027,879 January 1, 1873. (V. 23,
p. 854; V. 26, p. 40, 623.)

A

A

mchlgan.—Ttie debt has been largely diminished
In the last few years. Assessed valuation of real

493; V. 24, p. 171, 321, 542.)

Nebraska.—Ot these the State school fund holds
$426,267. Thfre are also $50,003 10 per cent "Grasshopper" bonds of 1875, due Mar. 1, 1885, Interest

&

Real estate in It77 assessed at $37,976,987; personal at $33,335,591; tax rate, 6% mills.
paid

J.

Boston, Treasury.

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

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

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

do

do
do

do
do

1914

1883
Aug. 15, 1880
June 1, 1889
Oct. 1,1889
1890
1890
1880 A 1890
1890
1890
1885
1890
1890
1883
1885 A '89
1887 A 1891
1887
1888 to 1893
May 1, 1880
July 1, 1883
Jul}' 1, 1883
May 1, 1894
May 1, 1894
July 1, 1889
Oct., 1888 to '90
April, 1890 to '94
April, 1882
July, 1891
Jan. 1, 1895
July, 1891 to "94
July 1, 1895
April 1, 1890
July 1, 1900
Sept. 1.1894-96
1,

Mayl'95-Sep.l,'96
Jan. 1, 1895
Jan. 1, 1883

May, 1890
July. 1879

July 1,1879
Julv 1, 1883

Paul, Treasury.

do

Jan.,

1910
1911

J'lyl.'94-Sep.l,'96

do

I,<ondon, McCalmonts.
N. Y., Am. Exchange Bank,

St.

1,

April,

do

Dec, 1887

Bank

N. Y.,

of

do
do
do
do
do
do
do
do
do
do

J.

J

Commerce.
do
do
do
do
do
do
do
do
do
do

1883
1888
July, 1892

1878
1878
1889
1878
1870

to '8S
to '89
to '90
to '89
to '87

1,528,000
6
J. A J.
2,971,000
6
J. A J.
1,000,000
6
A J
July, 1894
1895-6
4,505,000
6
A J.
1,518.000
6
A J. N, Y., B'k N. America.
1887 to '95
1,482,000
6
do
do
A J.
549,267
8
A. A O.
State Treasury.
April 1, 1897
160.000 9»ilA10 Various
1881 and '82
State Treasury.
380,000
9ifl
M. A S.
do
March, 1887
600,000
6
M. A S.
Concord or Boston.
Sept., 1884 A '89
2,206.100
6
J. A J.
do
do
Jan., '92 to 1905
500.000
do
do
6
J. A J.
July 1, 1879 A '80
700,000
6
J. A J. Ticnton and Jei'soy Cit}-.
Jan., 1879 to '84
900,900
do
ilo
6
J. A J.
Jan., 1886 to '96
595.400
do
6
J. A J.
do
Jan., '97 to 1902
473.000
Oct., 1893
6g. .1. A J. N. Y., Manhattan Bank,
1,562,900
do
do
July, 1887
6g. J. A J.
847,500
do
do
Jan. 1,1883
6g. J. A J.
4,302,600
do
do
July 1, 1891 J
6g. J. A J.
2,000,000
do
do
Oct. 1, 1892 m
6g. A. A O.

;

1878,

do
de
do
do
Augusta and Boston.
London, Baring Bros.
do
do
Baltimore, State Agency.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

Various

July

March

Boston, Suffolk Bank.

5g.
5g. Various

May, 1910
1899
1909
1897

J.

—

New York. The following were valuations and
tax rate for State purposes iu the years 1869 and
1865,

and from 1870

Year.
18.59

1865...
1870
187t
1872
1873
1874..
1875
1876
1877

.

..

to 1877 :
Real Estate.
Personal.
$t,097,5M,.524
$307,349,155
l,1.58,.327,ni
392,552 314
1,.5:12, 780,907
431,280,278
l,,699,930,16li

4.52,607,7.32

1,644,379,410

147,248,035
437,102,315
418,608.955
407,427,199

1,692,58.3,071
1.7.50,698.918
1,960,352,70:1
2,108,:i25,872

State tar.

•m
4 88-80
7 41-1S6
5 79-120-^
9'f
8 95-100
7i<

6

.367,911,401
3 11-34
379,4-8,140
o.d,»-o,ito
3 1-6
h
i-d
The general fund debt will be paid in July, 1578.
and ihe canal debt only, of about $9,000,000. will
then remain. The gross State debt. Sept. 30. 13i7,
was $10,9.'*7 614 and town, county, and city debts in
December, 1875, were $844,079,859. (V. 82, p. 63,
471; V. 84, p. 17, 49; V. 26, p. 18, 117.)

2,376,852,178

North Canyina.— North Carolina is heavily burdened with debt, in proportion to her ta-^able property.
Total property was assessed in 1876-7 at $148,564,557; 1875, $152,516,023; 1874, $1.39.953,:i61

j

1873,

paid on bonds tssaod
Iutere.'>t
is
to North Carolina Railroad ($2,800,000), as the
State holds $3,000,200 stock and receives dividends thereon. Other interest in default.
funding bill passed the Legislature March. 1875, (See
$143.78:1.813.

(V. 24, p. 204.)

Nevada.— The debt of Nevada

hardly more than
nominal, as the bonds are principally held in State
funds.

New HaMpshlre.-The

able $100,000 per year. Valuation of real property
in 1877. $119,789,400; personal $123,868,381; total,
$566,a')0,6!i7, against $596,83i,707 in 1S76, and $312.731,094 in 1875. State tax, 3X milia.

is

debt of

New Hampshire

was 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, $8 per $1,000.
New Jersey —The debt was created for war purposes, and is provided for by sinking fnnds,
which amounted Jan. 1, 1878, to $1,453,435. Of the
Orst two classiis of bonds the principal ia pay-

A

CuRO><iCLE, V. 80, p. 336,) but nothing was done
under it. In New York, bonds are classifled
thus
"Old," being those Issued prior to May 1,
1361, coupons on from Jan. '69; " N. C. H. R.''
issue of $2,800,000 to that road, coups, on since
Jan. & April, '69; fame "coup, off" have had 7
carry coups. Jan._
coups, paid; ''funding act '66
funding act ^68" carry coupons April'
'69. " New "—authorized before war, except $1,500,
000 iu 1868; "Special tax, l8t," carry coup. April'
:

—

.
9

J

July

27,

.

h

STATE SEOUBITIES.

1878.

b«crlb«ra will eonfer • creac Mvor by (ItIbc ImnaeAlatA •(!«« •€ aar error dlaeovarM
nESCRIPTION.

Date of

Size or

Amount

par

outstanding,

Bonds.
For explanations sen not«8 on first page of tiibloa.

Value.

Norm Carolina— RR. nnd Iniprovem't bonds, old
Ritllroa<l lUKliuipi'ovomeni bonds, old
BK. and Impruv t bunds, new (not special tax)

$500*0.

$1,73H,H00

500*0.

3,«3!l,400

1,000
1,000
100 *c.

2,383,000
1,695,000
2,417,400
1,711,400
383,045
44,000
11,407,000
4,072,040
2,400,000
26,500
130,991
160,000
8,000,000
400,000
395,000
87,000
273,000

do
do
(lu
Pundinc ImndK, since war
do
do

do

fund
Panltentiary bonds, act Aug, 24, 1808
bonds
Bpoolal tax
OAw— K«glRt«r'd liHui, payable after Juno, 1881
BeKistvred loan, payable after June, 1880
OriaoH— Bounty bonds
BoiKltKi war bonds
Wlllanit'tte Canal and JLook
jyniwuiraiiia— Ri'K- Iwnds, tax fr., (red'blo '92).
Befrtstcrcd cortitlcates of literary

War bonds
do
do
totM Carolina—StaUi stock
State House stock
bunds
do
Funding bonds and stuck
Blue Kiilgc Kailroad bonds
bills

receivable

Fayuicut of interest

Punding bank bills
Con vcrsiun bonds and stock

Land eoniniiftsion

Ininds

Fire loan bonds, sterling

do

stock, duuiestio

Bonds— Rcliif

Slate Tieasuiy
Reductlim of Public Debt stock
Consolidated iKinds, coup. (Funding act)

(Funuiug act)
Bailroad endorsements
Jmnewee— New funding bonds, act of 1873
Bonds registered, act of 1873
Fun<lable bonds aud coup, not yet presented
Bunds, regl.-^tcrablc, not presented
Held by K T. University (not to be funded)
Texo*— KmuUuc Stiitc debt (act May 2, 1871)...

do

100 *c.

1860
1856

100*0.

1,000
1,000
100 Ac.

1870
1877
1840
1852
1852
1853
1867
1867
1867
1867
1867
1872
1862
1863
1863
1864
1794
1836 to '61
1853 to '54
1866
1854
1868
1868
1868
1869
1869 to '70
1838
1838
1869
Dec, 1873
1873
1873

Inulfnod plants loan
Coupon loon (I'xcrpt $53,000 reg.), April 2.
April 2.
do
Coupon loan (except $41,000 rcK.)»f April 19.
Btockloauot Feb. 2 (registered)
(ooupon)
do
do
(registered)
do
do
(mglstered)
do
do
(registered)
do
do
Agrloultural College land scrip
JUtoiie /«Ui>ui— War bonds

Funding

1866
1868
1867
1868

st(M^k

100 Ac.
1,060
1,000
1,000

50 Ac.
5<X)*c.
50 Ac.
50 Ae.
50 Ac.
1,060
1,000
1,000
1,000
Various
Various
1,000

50,*c
1,000
1,000
1,000
500,&o.
500,Ac.
500,Ac.

Various
Various

1874

1,060
1,000
Various

Various.
Various.
Various.

.

1,000

. .

Frontier dcr8e,g(>lil,act Aug..'i.'70(red'ble '91)
Revenue dcticicucy bonds, act Dec. 2, 1871..
Bonds, act Mar., 1874 (for paying float'gdebt)
Vefn Pension lM>nd8, act Apl.,'74, (red'ble'79)
Kedempliun of debt, act Aug. 6, '76
Yermonl— War loan bonds, coupon
War loan bonds, registered
Yirgtnia Old bonds, '-^ fundal>le, coupon
Old bonds, 23 fuiulable, registered
st*^rling, nut re<iuired to be funded
do
Consol. (Act Mar. '71 ) coup, tax receivable
do
do
reg., conv. Intocoup...
do
(Act 1872) " Peeler," cp. not ree'ble

'

—

.

do
do
reg.,
do
Deferred cert Ifloates W. \s\.)
sterling
Interest on
debt, funded (Act 1871)..
Interest unpaid Sept. 30, '77, on debt proper.
(

(t; "Sd"coup.of Oct. '69: "3d" conp. April, 18?0.
(V. SI, p. 570; V. 23, p. 599, 615, 647; V. 84, p. 17, 3S6.)

OAto.— Ohio h.H8 a very small State debt, bat
large local dibts, amounting in 1577 to g3«,3J8,i'
Valuations in 187?
against t.36,05!),!»7i In 18T6.
were Real cetate iu cities, Ac., $378,44,»,113; other,
Total taxes
t706,317,61!i; personalty, $490,5^4.810.
levied In 18T7 »4,5->I,a8^ for state purposes, *»
mills, aud 12-^975,51!! on all local taxes. (V. il, p.
:

ir.)

Oregon.— The debt Is provided for by sinking
fnnds, payable from land sales.
Taxable property
In 1875 was asves^d at $41,197,14)); >j mill tax
was laid fur Relief bonds and 1 mill for Bounty
bonds.
Penrvitjlvant.i.—The new 5 per cent loan of |8,000,000 was sold to tjike up maturing ooiius. Tot*il debt
Nov. *i, 77 842,ft4;i.814; available aswts. $»,05J.91O;
net debt, $13,'J*1.039.
No tax is laid for State
purposes un real estate, and revenue is raised
principally from coriwrations.
Taxes are levied
on personal property, which waS' assessed in 1877

at ilse,S18,817, and the tax was $.574,817. i^tatc
aipenses have lately exceeded revenue, and sinking
foods have been diverted to meet the deficiency.

The

State holds $1,751,33; in stocks and $7,i»(X),IX)0
railroad bonds. Interest has been paid in gold on
tte Stale debt issued prior to 1867, but the bonds
paid off in 1877 were paid in currency. Any coupon
bonds may be changiMl to registered. The bonds
due in 1877 are payable at anv time till 1883; those
of 1883 Ull 1892. (V. ai, p. 187; V. SSS, p. M; V. 21,
p. 4:4,421, 469; V.J6, p. 18.)
"if

'""•»'•

]nod4 /stoui.— The debt was all created for war
porposes and is being steadily diminished.
The
valuition of real property in 187G was $185,159,848,
•Dd personal, $8e,g9:,938, and tax rate 15 cents on
tlOO.

South Oirojino.— The funding law approTcd Dec.
down the old debt by

9Bi 1873, provided for scaling

1872
1871
1872
1874
1874
1876
1862
1862
1851 to '66
1851 to '60
1851
1871
1871
1872
1872
1871
1871

1,060
1,000
1,000

100
1,000
500,Ac.
500,*c.

500&C

!

Vari's

5

£100 &e
100,&c.
100,Ac.
100,&c.
100,Ac.
Various

Various

Rate.

2,556,2.50

367,000
90,400
9,251.850
723,950
500,000
975,000
200,000
631,000
738,000
17,411
289,172
192,000
238,933
469,000
72,000
149,000
242,350
451,000
13,000
481,944
151,780
7,000
241,257
4,023,000
149,254
4,797,608
6,617,000
16,194,000
661,000
460,000
396,000
75,000
697,000
500,000
1,000,000
1,153,974
1,564,000
34,000
137,000
6,401,285
2,331,250
18,740,800
1,483,715
2,185,100
1,152,800
15,239,370
212,833
4,188,141

.

Where Payi
Payable and by
willloni.

* J.
* 0.
* J.
6
A. A 0.
6
J. A J.
A. A 0.
6
6
J. A J.
6
A. A 0.
A. A 0.
6
6
J. A J.
J. A J.
6
7
J. A J.
7
J. A J.
7
J. A J.
F. A A.
5
«g. J. A J.
5 I. J. A J.
4VW. J. A J.
5g. P. A A.
P. A A.
6
P. A A.
6
P. A A.
5
P. * A.
6
P. A A.
5
6
M. A 8.
e
A. AO.
6
J. A J.
6
P. A A.
6
Q.-J.
3 g.
6g- j7a J.
6
J. A J.
6g. J. A J.
6g. J. A J.
6g. A. * 0.
6g. A. A 0.
6g. J. A J.
6g. J. A J.
6g. J. A J.
6
e

J.

6

J.

7

ir-t
J.
J.
J.
J.

6
6
6

J.
J.

"e

5&

V.

6

5, 514,

5
6
6
7

J.
J.
J.
J.

a" J.

A

J.

Principal—
liMli-1When
Due.

York,

1868
1868
1868
1868

do
do
do
do
do

New

Oct., 1898
Indefinite.
Oct.. 1898

York,

do
N. Y., American Exch. BHc.

do

do

State Treasury.

do
do
Phila., Farm.
do
do
do
do
do
do
do
do
do

do
do

A Mecb

B-k.

do
da
do
do
do
do
do
do
do

Harrisburg Treasury.
I. H. A T. <3o,

do
do
do
do
do

do
de
do
do

do
do

or Columbia,

do

J.

Sept. 1, 1832

10
g.

6
6

t
5

6
6
6
6
6
....

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

1883
1893
1894

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, 1869
July 1, 1868
1888

Bank

do

& J. N. Y., Fourth Nat. Bank,
State Treasury.
A a. N.Y., DonnelljLawsunA Co,
do
A J.
do
do
A J.
do
State
IVeasury.
A J.
A J. New York A State Treasury,
A D. Boston, N. B. Mut. Red'n.
A D. Muntpelier, Treasury.
New York.
A J.
Richmond, Treasury.
A J.
London,
Baring B. A Co.
A J.
RichmoBd, Treasury.
A J.
A J.
do
do
A J.
A J.
do
A J.
A J. London, Baring B. A Ct,

1,
1,

1893
1893

1, 1914
1875 to 1900
1900
1875 to 190O

July

Various.

1891
1911
1892

Various
g.

1,
1,
1,

At pleasure.

July
July

do

N. Y., Fourth Nat.

1877-1882
1882-1892
1882-1392

18t7 to '86

do
do
London,
Columbia.
Columbia A Fls. Agen. N.Y.

do

1877t<>'83

April

New York.
Columbia, Treasury.
Columbia aud Now York.

New York

1884
1880
1880
Feb. 1, 1903
April, 1879
July, 1882
July, 1882
Aug., 1878
Feb., 1877 to '82

July
Aug.

Columbia, State Treasury.

do
do
Columbia and

1898 to '99
July, 1881
Jan., 1887

Feb.,
Feb.,
Feb.,
Feb.,

Providence, K.

do
do
do

to '08
to '98
to '9H
to '98

Jan., 1900

Raleigh, Treasury,

6

7g.
7g.
6

A
A
A
A

March 1,1904
1894
July, 1906

Dec.
Dec.

1,
1,

1878
1890

1886 to "95

At pleasure
1886
1905
1905
Contingent

1905

....

26, p. 68, 143. 232, 257, 420, 463.)

Tennessee.— The coupons of July, 1875, together
with those of July, 1874, and January, 1875, remaining due, were paid in September. 1876.
The debt of solvent railroads, January, 1877, was
total
$3,458,145, and
debt, less that amount,
$22,852,011, including $129,020 outstanding warrants and $2,1188,746 past-dae interest, against
which $95,631) is owed by solvent railroads. The
State's endorsements for railroads are $1,802,000, of
which $1,.560,000 Is taken care of by the roads.
Bonds to amount of $75,000 were over-due in 1876,
and $80,000 more fall due la 1877; these are fund
able at the option of the Leu'islatnre.
Later
statement, V. 25, p. 477.
Total valuations in 1877
$2 6,0i 0,000; toul in 1878, $278,(K0,53t, against $288,l'38,.563 in 1875.
The rate of taxation was reduced
from 40 cents on the $100 to 10 cents by the Legislature, in March 1877. Tennessee bonds sold in

New York

New

A.

5g.
6g.

\

When

ation of all propcrty-in 1876, real estate. #86,187.personal.
$;0,.")9f,376;
railroad
130;
property,
$6,847,1)2, makiu" a total of $1.;3 13i,i.38. In 1877
total was about $l;i5,73i.863. Rate of taxation in
fV. U. p. 199, 445, 495, 543, 557; V. 25,
1877, 7 mills.
;

thaa* TaMaa.

Payable

fiving new bonds to the extent of 50 per cent, and
eclared void the conversion bonds to the amount
of 15.965,000. A committee to investigate bonds
and ascertain what consols were properly issued
was appointed in 1877, and reported January, 1878
(V. 26, p. 143), rejecting certain numi^ers of the
consolidated bonds. A court of claims to hear the
bondholders was appointed, and met in May, 1878,
bat the validity of the law creating the ccuimissionerswa! qu^ttioneil in theCouris, and the board
did nothing. In July, 18.8, Interest was paid on
th.isc con>>ols signed by Gov. Chamberlain, which
the committee hfld to be good; iuterest on bonds
signed by Gov. Hampton was not paid. Total valu-

p. 79. 641

!

11
INTERKST.

as "old," are those issued before 186*2;
"New," Issued since 1862; "New Scries," the new
funding bonds. (V. 21, p. 87, 813, 614; V. 22, p. 472;
V 23. p. 16, 897; V. 21, p. 40, 112, 289. 519; V. »», p.
458, 477, 585, 619, 632; V. it, p. 68; V. 27, p. 42.)

Texas.— VoT all bonds, except lOe of 1894, the
interest and 2 per cent of principal yearly are provided for by special appropriations. "The valuation
of taxable property in 1877 was about $316,000,000,
against $257,6.32,0(0 in 1876. Tax rate, 50. From the
last Comptroller's report, for the fiscal year 1S75-6,
we have the following statistics:
Total value of taxable property assessed. $247,682,009

Statetax

1,288,249

Poll tax
Milc9 of RR. in the State aes'd for taxes.
Value of ralh-oads, Ac
!)5,!t50,038 acres Of land assessed at
Value of lots assessed In the State

.

211,034
1,493
$16,577,508
110,288,629
4S,674,I01

(V. 23, p. 452; V. 24, p. SSS; V. S5, p. IIB.)

Vermont.—This State has a very small debt—all
created for war purposes. Of the registered bonds
$135,500 are held for Agricultural College.
The
sinking fund, Aug. I., 1876, was $1:15,932.
Virginia.— Tbeoe amounts are exclusive of
bonds held by Literary fund and Sinking fund.
I'he Funding act of 1S71 provided tha* coapons
of the funded bonds should be receivable for
State taxes. Fdr two-thirds of the old bonds a new
bond was issued, and for the other K a deferred
certificate given (as the proportion due by West
Virginia).

The

act of 1872

amended

that of 1871

by not allowing coupons to be received for taxes.
The sinking fund holds $5,145,271 of State bonds
and certificates.
All interest overdue September. 30, 1877, was $4,188,141, and the to'al principal
of debt proper $29,360,816,
Assessed value of
real estate in le76 was $242,758,548. against $K1,573.611 in 1873.
Personalty in 187$,
Tax rate, 5 mills.
case iavolTing the taxation
of consols is on appeal to the V. S. Supreme Ooort.
.\ new funding bill was passed in 1878, which wUl
probably never b« carried oat.
(V. 26, p. 286.)
(V. 23, p. 599; V. 15, p. 138, 268. 586; V. 3S, p. te,
135, 181, SOe, 232, 342, SS», 384, 420, 524.)

A

VnfiU^.

CITY SECURITIES.

iii
Snbscrlbern

«vlll

conKr a sreat favor by glrlas Immediate notice

DESCRIPTION.

Dat« of

Size or

bonds.

par

For explanations see notes on first page of tables.
Albany.

r.— Albany

& Northern Eailroad

1

I'n

men

BaiKmore— Consolidated loan of 1890
Loan of 1877, reg. stock redeem, at will

Consolidated bounty loan
Exempt bounty loan
Public parks (Druid Hill)
Park improvenu>nt loan
Five million loan to Baltimore & Ohio RR
One million loan to Plttsb. & Connellsville RR
New City Hall
.".

do
do

do
do

Consolidated loan
Court house loan
Funding loan
Jones' Falls
Valley Railroad
Patterson Park extension
Water loan (.-(i'iGa.OOO only are 5s)

Endorsements for Western Maryland
do
do Union Railroad
Bangor, lie.— City debt proper..

RR

MunieipiU loan

Water loan bonds, coup. (Act Feb. 22, 1875)
Euiopean & North American Railroad
Bangor &, Piscataciuls Railroad
Bath Me.

-

—

lOOAo.
100 Ac.

1858 to '72 100 Ac.
1874
1,000
1875
500 Ac.
1869
1,000
1869
1,000

City notes
Funded debt
Railroad loan
Audi'oscoggin Railroad
Knox & Lincoln Railroad (.$23,750 each year)
do
do
BostoK— For city purposes, war debt, &o
1852 to '64
,

do
do
do
Burnt district, sterling loan
Consolidated street Unprovem't, sterling loan.

Koxbury

1864 to '77
1873
1869
1860 to '64
1861 to '69
1862 to '73
1862 to '76
1868 to '73

Various
Various.

Various
Various.
Various.
Various.

1,000
1,000

debt, assumed
1,000
Dorchester debt, assumed
Various.
Charlcstown debt, assumed
500 Ac.
Mystic water debt, assumed
1,000
Brighton debt, a.'i.sumed
Various.
West Roxbury debt, assumed
Various.
Water loan, new main. Brookline Reservoir
1858
1,000
do
Chestnut Hill reservoir
1807 to '71 1,000
do
renewal of loan due '70-71, all reg.
1871
'72-73
do
do
1872
^ibdAo
Water works, Roxbiuy, coupon and registered 1868 to '70 1,000
Roxbury & Dorchester
do
1871 to '74 1,000
do
Dorchester, all registered
1871
do
W. Roxbmy & Brighton, all reg 1875 to '77

do

do

reg

Additional supply water
Various purposes, for water works

1876
1872 to '75
1871 to '74

Water loan bonds, gold, coupon or reg
1875-'7C
Public park and seliool buildings, registered.. 1877-'78
Improved .sewerage, registered
1877-'78
iiroo.Vfi/H— Debt of Williamsburgh, local impr't 1859 to '61
Brooklyu local improvement loan
1861
Mount Prospect Siiuare loan
1857
Soldiers' aid fund loan
1865
Third street improvement loan, local
1867
Gowanus canal improvement loan, local
1866
Bushwick avenue
do
do
do
1865
South Seventh street do
do
do
1866
Union street
do
do
do
1867
Fom'th avenue
do
do
do
1862
do
do
do
do
1S87
Wallabout Bay
do
do
1867
Kent avenue basin do
do
1869
New York Bridge loan, registered and coupon
1870
Bonds for N. Y. & Brooklyn Bridge, cp. or reg. 1876-'78
Albany.— The loan

to

Albany

&

Snsqnehanna

is secured by let mortgage.
The valuulion of
property in Alb.iny County in 1S;6. by local a.s«e89ment, was: Real estate, $47,(139,838 personal,
$5,30j,15I; total, 152,310,049. In 1»'.6, total equalized valuation by State Board, $58,480,770. Tax
;

rate, 249.

Augttsta.—Ot this debt, ${iOO,000 was issued for
and balance for canal enlargemeut,
water works, Ac. Most of the debt is held at
home. Ta.-:al)le valuation, ftl4,401,uuO: tax rate,

railroads,

$1 58 per $100.
Balilnun-e.—Ttits fiscal

year of Baltimore ends
with December 31. imtead <f Oct. 31. The
sinking fund for Baltimore & Ohio RR. $5,000,000
Ioani8$i.9.'>?,6;3; West. Maryland Riiboad sinking fund, $16i!,180; and the total of all the
sinking funds, $8,ii40,411. The Bait. A Ohio RK.
pays interest on $5,000,000 loan; Water loan is paid
by income of water works, and PubUc Park by City
Passenger Railway, and ont of a total debt of
$.34.09J,9ti5, $19,741,853 Is dependent on the tax
levy. The net debt over productive assets is given
at f 9,85 ",445, against which are held $4,889,77; of
nnproductive assets. The Baltinore Hun savs of
the estimates for 1878, that owing to the change in
the fiscal year they will cover 14 months instead of

now

18 raomhi as formerly. The basis of taxation la
$855,000,000. The amount lequirod to be raised,
including the floating debt, is t4,879,639. Lees the
floating debt (|l,l79.7i6) the amount required is
$3,399,91.1.
It is recommended to fund $I,iju0.01)0 of
the floating debt. The tax rate to cover fourteen
months is mcreaaed from $1 75 to $1 90 on the $100.

St dc taxes having been increased from 17 1< cents
to 18Ji cents on the $100, the total is therefore In
creased of city and state taxes from $1 93V In 1877
to $2 08Ai on the $100, Population In 1870 was 867,-

7

1,000
1,000
1,000

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

4,997,603
3,449,199
392,300
104,500
1,060,000
1,228,000
183,641

6

A7
6
6

is $ll,06i,Sll;

May 1,1879 to '85
Feb., 1881

Feb. 1, 1893-1912
Feb. 1, 1912
1895-'97

New York.

7
7

1878 to '89
1900
July 1, 1890
July 1,1916
Sept. 1, 1893
Sept. 1, 1893
Sept. 1, 1890
Jau. 1,1895
Jan. 1, 1890
Jau. 1, 1880
July 1, 1884
April 15, 1900
March 7, 1902
1885

Augusta.

do

Balto., Farm. A Plan.
Balto., N. Mechanics'

6
5

do
do
do
do
Balto., Farm.

6
6
6
6
6
6

Bank.
Bank.

do
do
do
do

A Plan. Bank.
A ,1. Balto., N. Mechanics' Bank.
Q.-J. Balto., Farm. A Plan. Bank.
Q.-J.
do
do

J.

6
6
6

do
do

5
5

do
do

Balto., N. Mechanics'
Balto., Farm. A Plan.

6
6
6
6
6

At will.

Bank.
Bank.

1,1900
1894
1902
1900
Oct. 31, 1886
March 8, 1892
July 1, 1894
Jan. 1 '90 A 1900
Jau 1, 1895
1878 to '92
Jan. 1, 1894
July 1, 1905
Jan. 1, 1894
Ai>ril 1, 1899
1878 to 1879
July 1. 1887
1883 to 1898
April 1, 1891
July 1,1880 to '99
Feb. 1, 1902
Boston, Treasurer's Otllcc,
1878 to '87
do
do
1878 to '97
London, Baring Brothers.
April, 1893
do
July, 1899
Boston, Treasurer's Ofllce.
1878 to '84
do
do
1878 to '81 ".J
do
do
1882 to '93
do
1881 to '94
do
do
1878 to '81
do
do
1878 to '91
do
do
Oct., 1878
do
do
do
1880 to 1901
do
April, 1901
do
lA)ndon, Baring Brothei-s.
Oct., 1902.'
Boston, Treasurer's Olllce.
1880 to '99
do
1901 to 1903
do
do
Jan., 1901
do
do
1905 to 1907
do
do
April, 1906
do
1002 to 1905
do
do
do
inoi to 1904
do
do
do
1905 A 1906
do
do
Jnne A Oct., 1887
do
Oct., 1897
do
Brooklyn.
1879 to '81
do
1891
do
1887
do
1885 to '94
>>
do
1881
do
1878 to 90
2
do
1878 to '90
do
1878 to '90
505
do
1878 to '86
do
1878 to '95
do
1 878 to '95
do
187s to 'UO
;m
do
1879
1901 to '24
do
o
1907
to 1912
do
Jo
.Inly

BalliniorcKegister's Olllce.
A
A J. Balto., N. Mechanics' Bank.
Q.-F.
do
do
A. A O. Baltimore,Register's Offlee.
M. A S.
do
6
do
5&6 J. A J.
6
J. A J. Balto., N. Mechanics' Bank.
J. A J. Baltimore, Franklin Bank.
6
Various Boston, Merchants' N. B'k.
6
Boston or Bangor.
6
A J.
J.
A J. Boston, Merch'ts' Nat. B'k.
6
J. A J.
do
6
do
do
do
C A 7 A. A O.
Various
City Treasury.
do
J. A J
C
Various
do
A. A O t'ily Treasury and Boston,
6
J. A
do
6
do
F. A A
do
6
do
J.
J.

.i.

.1.

ti

.1

5
6

g.

5 g.
5 g.
5,

410,000

AO
A J

Various
Various
Various
Various
7 Various

7

6'2

A

A.

AO
A O
A O.

I'- Various
6

46.5,000

3,1.50,000

A.
J.

5^, 6 Various

5 AG
5& 6
6I9 A7

394,000
2,010,000
688,000
1,947,273
700,000
375,000
370,000
100,000
648,000
366,000
3,452,000
550,000
143,000
138,000
213,000
90,000
552,000
302,000
236,000
216,000
258,000
260,000
190,000
20S,000
198,000
427,000
3,000,000

Various
Various

5

5g.

A.
A.

6
6
6

J.

Various
Various

A6

A
A

J.

Various
A.

O,

I'- Various
Various

6

5

K-

A.

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

O.

4H!

Various

5
6
7
6
7
6
7
7
7
7
6
7
7

.V.
.1.

M.
.1.
.1.

.1.

J.
.1.

J.
J.
J.
.1.

7
7-

6A7

J.
J.
J.
J.

854, against 812,418 in 1860.
(V. SS. p. 589; V. 23, p.
514; V. 21. p. 12; V. 85, p. 1.37, 8:14.)
Bangor, j)/c— The valnation of real and pergonal

property

Jiine,

do
do
do
do
do

7

7

14,2b8,.50O

«100Ac
£100Ae

May, 1879
1880to'84

do

Boston, Merchants' Bank. Feb., 1885 to "94
New York.
March, '79 to 1900
do
Nov., 1910, 11,'12

6A7

128,500
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
930,661
92,400
800,000
2,000,000
1,000,000
609,200
1,015,300
200,000
3,549,600
1,375,000
117,000
156,000
100,000
375,000
1,000,000
814,000
104,588
112„500
193,000
423,000
475,000
243,000
3,521,800

I

1870
1874
1872
1872
1873
1872
1874

do
Western Maryland Railroad
.

1877
1863
1865
1860
1863
1853
1853
1868
1870
1874
1864

New York.

6
6

6

I

Principal—When
Due.

Where payable and by
whom.

Payable

6

1,886,250

100 &c.
100 &c.
100 &e.
100 &c.
100 Ac.
100 &c.
100 Ac.
lOO&c.i
100 &c.
100 &c.
100 &0..'
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.

Various.

INTEREST.

$237,000
46,000
150,000
491,000
624,000
118,000
80,000
250,000
900,000
165,000
1,000,000

185-1

"

any error dlacovered In these Table*.
When

Rate.

value.

1864
1866

Purchase Congress Hall Block
City iniproTcmeut
Washl ngt on Park

ot

Amount
outstanding

$1,000
1,000
1,000
1870-'71
1,000
1870-'77
1,000
New Po.st OlHce site
1874
1,000
High School
1875
1,000
Water stock
1851 &'52 1,000
Addifnal supply ($100,000 (Iiio 1900-3 are 7s) 1874-'77
1,000
We*t<^rn Avenue iuiproveniout bonds
1877
1,000
Bonds loaned to Albany & Susquehanna RR..
1865
1,000
Auqustttt Oa. — Bonds for various purposes
Various.
250 (fee.
City bonds, tax free
1876
500 &e.
iV.

Relief of drafted

[Vol. XXVII.

O.
J.

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

J.
J.
J.
J.

1,
1,
9,

.

Placing the tax to be paid to the State at $412,740
the tax warrants exhibit the following result:

rate of taxation, 8 50 \>et

The loans to European & North American
Railroad and to Bangor & Piscataquis Railroad are
secured by first mortgages on ttiose roads.
Bath, J/«.— Total 'debt, $1,730,683, of which
$1,513,600 is on account of railroads. The city
holds a r^t morti;!*ge on the .\ndroscoggln road
for the debt, and 2d and 3d mortgages on the Knox
& Lincoln for its proponioa of $895,0)0 out of a
total of $2,395,000 bonds issued by several cities in
aid of the latter road. Unexpended balances of
appropriations and 3 per cent on city debt are appropriated annually to the liquidation of the pnnci
cent.

Feb.
Jan.
April

619,119

1878-9
$7,466,410
412,710

$8,7M,214

$7,879,150

City and County..

1877-8.
.$8, 18 1,104

State, is;7

.

i

Tax valuation, 1871, t6,<169,480; 1876, $7,281,905.
Boston.— The population of Boston in 1870 was
i92.497, against 177,810 in 1860; in 1875 it was, 341.919.
Valuation of real property in 1877, including the recent annexations, was $481,40fl,300. against $526,14>,700 in 1876; and ncrsonal, $205,.i92,8BO, against $228,732,400; upon whicti the rate of taxation is $1310
per $1,000, against $13 70 per $1,000 in 1875.
The total funded debt April 30, 1878, was $48,457,128,

reduced to $663,000,estimated to be nearly

If the assessed valuatioas are

0) the tax rate required is
the same as in 187.'. when it was $13'10 rer $1,000.
During the last forty years, with three exceptions, the taxable valnation has shown au annual
increase. (V. 26, p. .39; V. '.i?, p. 40.)
I,

pal.

and the sinking funds, bonds, mortgages, Ac,
$16,297,245. The following is a comparison of the
appropriations granted by the City Council, and
income to be received for the fiscal year ending
April 30, 1879, compared with l'«7-8:
Appropriations.

Income
Percentage

1877-8.
.$10,26?,258
2,369,100

1878-9.
$9,.555,892

$7,898,158
836,916

$7,'!48,942

$8,135,104

$7,466,410

2,306,950

217,468

Brookii/n— There are also $27,000 t per cent
Guard bonds due 1880-81.
The Mayor's
1, 18i8, made the whole city debt

Nat.

message, January
as follows:

Permanent loans...

$28,113,500

Sinking funds
Balance
King's Co. debt ( City's share}

4,660,747
'.

Loans chargeable on specified property

Tax

ceitiflcates

Total net debt

—The debt

.

$2i,452,T58
3,8»1;180
10,923,000
2,500,000

$40,706,988

Increased in 1876 $781,623, and in 1877
$659,388. Population In 1870, 396,200. against 266,661
in 1860. Valuation of property in 1877, by the local
assessment, was $816,481,801 for real estate, and

;

...

CITY SEQURITIES.

Jul.* 87, 187a]

'.

tx

Subaerlbers will eonfDr a great tkyor br BlTlns Immediate notice of anf error dlaeaverMI ta tbeae Tables.
UIOSCKIITION.
on

Forpx|iIuiialliiiiH hoc iiot«R

flrHt

pago of

Brooklyn— (Cmit in iie<l)—
ProBiMH't riuk liiun, rogl»terod and ooiUHin
rroNiH'i't I'ai'k

.

.

•

Pi'rnimu'nt watiT louu

:.........

do

do

Size or

Bunds.

par

8'tU It'klyn
do
lUi
AvHPiwinirnt fund UondA, vuiitiniioiiH, locitl
anil KnirkiTboiikorav. »ewei' bonds..
MonUivai'il IioikIh

1,000

1,«70.000

Ti'iniMM-iiry t»-x ciTtltlruto.s
i:iipafo, X. v.— FnniU'il iliiht lionils
liiilliilo ik Jiiiiii'Hto-.vn

Kitili'otul

Hiimilo Ni'w York Jk rhilnd«li>Wa RullriMid.
WaU'i* works Uoitds
..
Wat<M* lioniln, fttniHin
I'ark lioiuls (Ml May 17, 1875).....:....
Tjix loan h<MiilH
Tax loan liondH, roup
<a)nbrUlgr, JIaiw.— City bontlD
City bouilK
:
;

do
do
do
do
...:
Mater loan
do
in
do
do

..

—

I

...".•....'.,........

1853to'7.'i

:

7

l.(HI(),(IOO

7

750,000
2,829,382
100.000
lOO.OOO

7
7
6

1866
1866 to '76
186.5
1867 to '75

186S>-71

:...

C—

CharUtloii, s.
City stock
< "1 ty boiul.i, I'oiiiHin
tire loa ii tiaiiil!i. coniwn
:
ConvtTnlou bonds, to redeem past due debt.
Vhtltea, .1/rtss.— Funded debt

500 Ac,
500 Ac,
1,000
5(K)

Ac

1,000
1,000
1,000

1866

iJOO.Ac.

1.000
1.000

.'..•.'..'..'.:'.

W

.

.•

1)1

Okre<am(— Water works ($225,000 are 6
Funded debt ($100,000 are 6 p. ct.);.
I.ake View Park
t.OOO arc 6 p.

A D.)

1876-77
1873 to '77

$13,111,215 for personal; total real and persona),
tS!»,69«,016, against $2«,ni3,I«) In 18:6. The debt
of Kings County, separate from the debt of Brooklyn, is $4,181,821, of whieh the city is responsible
for ulueteeii-twentieths. Average tax rate In 1677,
tt 17per»inn, against %S Z5 in 1S;6. (V. 24, p. 63;
V: SB, f 358; V. S6, p. JK.)

chani»i-d and assessment was $111,!».%||05.
In
1877 real estate wis $91,130.s7a; personaity, 8,8+1.TWi; total, *9(l,975.67.'5. Buffalo also pays 7-10 (btini?

t7M,a90) of Eric county debt. City tax-rate, 1877,
on the $l,0(.o. since June 1. 1817. coupon
bonds have been exchangeable for legisiercd. (V
2ip.233, 541; V. a, p. 185.)

lia«

647,2.59

1,335.441
1,010,463
111,000
1 ,56M,000

1,000

Charleston.

Various

do

A

J.

A
A
A
A
A
A
A
M. A

18.55

!lf5(»...fiuiiis

.

$l3,180.ti77
ai.llSJ.SlO
!»,»'«,30<

Sl,l»<.135
31,587.545
«6,495,I16
140,a57.O4n

do
do
do
do
do
do
Now York and Boston.
do
do
do
do
do
do
do
do
do
do
do
do
do
do

6
6
6

Vaiious
M. A 8.

M.

6
6
7 3-10

7 3-10 M.
7 3-10 A.
7 3-10 M.
F.
7

•7

7

J.

A

J.

Various
Various
Various

do
do
do
do
do
do
do

do

6

A

S3.7ll.15l
.Wv5.SII3
5,843,770
5855,.?77

7 Vaiious

,

Tax
Rate.

$

\pl. 1,1887-189.'5-

1889-1891
1878 to '98
1883 to '84
1890

-May,

879 to 1883
1879 to 1895
1

•

Feb. 17, 1883
Aug. 1, 1891-'97

1878 to '97
Julyl, '82 to '95
July 1, 1880

1880 to '95
1890 to '95
July, 1895 A '96
1881 to '99
1878to'79
1890

May

1,

1880-'92

1880 to '84
Nor., 1885
June, 1888
1888 A 1389
Jan., 1890
Nov., 1890
April 1,1895
March, 1897
1897
Jan., 1900
June A Oct.. 190O
Cincinnati.
March, 1908
Sept., 1899
N. Y., Am. Exch. Nat. Bk.
do
do
Sept., 1899
do
do
Oct., 1899
do
do
March 1,1886
do
do
Aug., 1886-'97
do
Dec. 1,1891
do
July 1, 1902
do
do
do
do
July 1, 1902
New York or London.
May 1, 1906
May 15, 1904
N. Y., Am. Exch. Nat. B'k
Jan. 1, 18"J6
do
do
do
do
Aug.,'85, '90 A'95
do
May 1. 1906
do

Various
Various
Various

6A 7
7
6A 7

July 2. 1386
July 1,1881 to 'Oa
Aug. 1, 1883

do

.

do
do
do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do
do
do

A 8.
A 8.
A O.
A 8.
A A.
J. A D.
7
J. A J.
7
7 3-10 J. A J.
6g. or 7-3 M. A N.
M. A N.
7
J. A J.
F. A A.
M. A N.
7
6 A "7 Various N. Y., Am.
6 A 7
Various
do
7 3-10 M.

7

April 1,1889
Jan. 1. 1893
Jan. 1", 18H1 to 'as
Jan. 1, 1903-1-5
Apr. A Oct. l,'84-5

.1.

N.

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

Assessed Value.
Real Estate.
I'ersonal.

1^58

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

July 1,1878-'8I
July 1, lS79-'82
1878 10 1882

Boston, N. Bk. Redemption

Chicago.
N. Y., Metropolitan Bank
Various N. Y., Am. Exchange Bank,

6
7 3-10
7 3-10
6
6

,6,

1893 to 1895
1881 to 1893.
1878tol9-2«
July 1,1896
Prior to 1936

Now York City.

J.

AO.
Various
F. A A
F. A A.
J. A J.
J. A J.
A.

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

.

Year.

tuiinunted h8i0
to t7!l,38i. December 1, P-7t>. The investments are "8«*
nearly nil in city bands at. par and stamped " not
ISW
negotiable."
Only $.V.J.O(X) debt matures before I8<t7
'"1* valuation. 187.5. B<i,6'«,0U: 1877, $.V),'1868
000.600. Total debt, $4,805,175.
I'opulaiiun, 1875, 11869

Exch. Nat. Bt.
do
do
do
do
do
,de
do
do
do
do

'

IS^b'to'SS

1878 to '94
1887 to '92
1894 to '96
1878 to '88

&

1878, '83

'84

1878 to '92
1878 to '84
1878 to '86
1878-'37

1893

A 1907

debts of the city, but of distinct corporatioos.
In July, 1871*, coupons on West Park bonds we^e
Kaid in Chicago, instead of New York, and at the
older'scost for expressage, Ac. (V. 2:5, p. 62i;
V. 34, p. 44:3; V. 26, p. 198, 289, 436, 522.)

dndnnali.—la addition to the issues above
named, there remain several smaller amount.^, as follows: $108,000 58. November, 18S4; $S«,OG0 YY2, A
O.) 6s, 1886-88; $17,000 6s ((J.), Nov., 1890; $27,000
68 (A.), Mar., :.b97; $.50,000 (112.), Aug., 1897: J.50,000
By the census of 18T0 |)o;)nlation
(Z.I, Nov.. 18S8.
was 216,2.39, against 161,014 in 1860. Ta.t rate for
1877, $29 10 per $1,000. The following tajle 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 1877:
,

Rate tax

...

Real

Personal

Total

per

Year.

estate.

estate.

$1,000.

1860..
1870..
1871
1872
1873
1874
1S75..
1876..
1877..

$61,620,904

$31,411,812

valuation.
$93,032,7IB

T8,7!)6.4t«i

57,.370,754
56,9.34,014

136,107.236
1H0.381,»S2

3160

55,461,410

175,084.a!>..

(>4,16«,4«0

10
23
28
98
27
29

$17 46

15 00
80 00
13 00
14 00
15 00
15 00
10 00
15 00
18 00
18 00
18 00
18 00

—The city is the sole owner of the stock of the
Cincinnati Southern Railroad, which Is leaded to a
company formed to operate it. (V. J3, p. S79, 514;
V. 24, p. 11; V. ao, p. 16; V. 26, p. 884, 469, sa.)

Population In 1870 was 336,605, and In October, 1878,
407,Blit, against 109.2B0 In 1860.
The 80. Park, West
Chicago Plirft, and lincoln Park loans are not

CJem/ami.—The valuation of property for tawtlon
in 1ST7 was $51,732,029 real, and $lll.29«.122 personal
tax rate, 1878, 17 17-20 mills, of which 8 1.5 mills are
levied for Interest and sinking fund. The sioklnK

I

!

I

ISL^

tlon, 1875, 20,787.

600.000
700,000
9,300.000
6,000,000
1,000.000
50,0O0
300,000
50,000
307,500
1,700,000
1,431,000
315.000
264,000
409,000
200,000

Q.-J.

,

Hon

CJulfa, itfoM.— Sinking fund, $45,800, and $?I,flO0
tobe added annnslly. Tax voluailon, 1876, $17 759 .
nao; ratjs $1 w.
Total debt, $1,?.'9,400. Popnli

6

4.50,000

.1.

A

.

CharitMon, S. C— The bonds of Charleston are
mostly licid within the State of Sonth Carolina
The assessed value of real cttatu in 1817 was $18,>i*i!(,(i»); pmonal. »7.923,155>ratc of tax, $a
tiO per $100.

1,062,000

210,000
250,000
300,000
99,000
195.0O0
397,500
146,500
750,000
60,000
175,000
100,000
150,000
150,000
100,000
136,000

g.

6

7

1878tol89.''>

and New York.
do
do

A J.
N. Y., (iallatln N. Bk.
A 8.
Biift'alo A New York.
A J
do
do
A J.
do
do
Various Boston, Bank KedeniptUiu
A. A O.
do
do
J. A J.
Boston, Treniont Bank.
J. A J Boston, Bank Kedemptioii
J. A J.
do
do
A. A O.
do
do
A J
do
do
J. A J.
do
do
F. A A
do
do
A. A O.
do
do
M. A N
do
dv

6
7
7

4,191,,500

Now York.

Buffalo.
BiifTalo

M.

6
7
6
6
7

7
7
7

BulTalu and

J.
J.

5 "a

2,000.000
640,000

3,40'<,0O0

1880
187.'5

.1.

CTferiMO.— The total funded debt Jan. 1. 1878. was
$13,.3«1,0(X).
Old certificates of indebf^dnejs,
$4s5,513.
Revenue time warrants, $8,7S4,133.
Assessed value of real propcrtv, 1877, $113,6!j4,814; personal, $34,71,5,K«-total, $148,100,148. Tax
rate, 1877. •jnil.
This is the Illinois State valuation,
and the ciy debt is limited to5 percent of that.
decision of the 111. Siiprenie Court in Feb
l(-78,
held the cirtiflcates of debt issued prior to May,
1877, as in violation of this and void.
A subsenuent decision held citv scrip of 1877 valid. Of the
funded debt, $4,54(1.000 is on account of the
Water Works, which last year yielded an income
of t84*,a5«.

Bi/jTcto.— The fnndcd debt, .January 1, 1877, was
t4.1:i(>,US'<. exclusive of water boifds, and flnatlng
debt, f.3:H.v7:i. In 1875 real and personal property
wcrea8s^s^e<lat J.3i»,968,l03; in 187ii rule of valua

Vom—The sinking

1,000
1,000
1,000

18.54 to '74

ct.)

House of Correction
Main sewers, s]>ei'ial assessment
Street Iniproveiu'ts do
Street oiM'iiings. Ac. do
Intlrjuary and River dredging
Viaduct (mostly F. A A., A. & O. and J:

Cambrtdg'.

500 Ac.

1872 to '74
1874 to '76
1864 to '71
1868
1860 to '76

I'aiial lixrk

(*2!)

1,000

p. et.). 1854' to '75

'.

School

1874
1876
1874
1875
1875
1876

•

Hospital binids
Street iniprovonunt bonds, short

and

500 Ae.

(it>3,142,000 are gold 6s)

Floating debt bonds, coupon

(^anal

1872-'74

.'

Park iiiiprovenient
Water-works bonds

7

100,000
200,000
880,000
3,660.000
87,000
2,550,000
2,621,000
195,000

. .

do
do

.">0o,(>00

1,(H10

Various
Various
Various
Various

6

266,800

1881 to 1908
3 years from date.
3 yearn from date.
3 years from date.

1878-1881

6

6
6
6
6
6
7

14!l.000
1,170,(KK)

do
500 Ae.
River tninroreinent bonds;
1,000
Miinieiiial bonds
1.000
MiinliMpal anil .Sehiwl bonds
500 Ae.
8ou(li Park loan (seeurcd on South. Div.)
WeM Cliitaao I'ark (sccuretl ou West. Div.)
1870
I'.obo
Cook (bounty debt
1863 to '72 500 Ae.
Cincinnati- Loans to Railroad«.F,A,G;H,I<fe M 1844 to '54
1,000
Bonds to 0.& M. RK. lopuri'ha.so wbf. prop.N
185.'>
1,000
Bonds for ereition of a Workliouse
1868
1,000
Bonds for Water Works
Ci&C3
1869
1,000
Bonds for Coininon 8elioi>r purposes
P 1860 to '61 1,000
Bonds to O. & XI. RK. topiuiliase whf. prop. .N
1855
1,000
Bonds for ext. and iiupr. Water W. .0, D. <& K 1847 to '50 500 Ac.
Bonds for fnndint; lliiatiug debt
: ...A'2 1847 to '48
500 Ac.
Bonds for now Hospital...
S&82 1867-'68
1,000
Bonds for funilinx noatinK debt
L
18iJ3
1,000
Extension anil Improve. Water Works... K &F
1853
1,000
Bonds tg pmeliase Orp'n .^syl. grds. for park.O
1858
1,000
Bonds for seiviTajje
R
1869
1,000
Bonds for inijirovin); ( illbcrt avenue
U
186!»
1,000
Bonds to build Edtrliston Avenue sower
B3 , 1869
1,000
Bonds for iiiiprovrment
1871
1,000
Bonds for Walir Work purposes. .
C4&C5 1871-'72
1.000
General inipnivi'nii'nt
W2
1871
1.000

do
do

689,000
514,000
100,000
698,000
55,000
485,000
162,000

1,000
1,000

1,000

BK

lOO.OOO
150,000

51 ,.500

.

'.

Cincfnliatl Soutlioiu

5
5
5
6
6
6
6

1.."•97,000

185,3 to '54

do

Water loan
CkUago—SS nter loan
Water loan
Sewerage bonds

Ac

10(!,0(K)

3,89H,4.54

.'

Kiiudcd debt

.50<)

7

1015to'*4
1015 to "i4

do
do
do
do
do
do
do
do
do

6

19!t,493
2.12,3S2

I>ue

Brooklyn,

7

2,M7.'2.'i0

to '76

&
It
A
A

7

l'.()00

1874-.')

..............;.....

:

7

J.

Blnal- Whea
Prlndnal—

Whoiii.

A5
7
A5

1873 to •7."> 1.000
1871 to '73 1,000
1868 to '76 1,000
1876
1876
1,000
1876
1877
1858 to '03 500 &v
1864
1,000
1863
1.000

:•.

•

6
7

7

6A7

1873-'74

.;

61S,000
812,000

M.

2,!»."i(l,(K)0

I9m

»....

:

200,000
4,74 1,000

J.
J.

6
7

1,5 10,.'! 00

,<HM>

1,000

7

3Ii),(MK>
n,70C.,<K)0

1,000
1.000

1

Vlion
Payable

Rate.

I

$8,017,000
1,217,000

1870
1873
1876 to '78

IMTKRK8T.
Wbere Parable and bf

Anionnt

1800 to "73 $1,000
1860 to '72 1,(KX)
1872
1,000
1887 to '72 1,000
1872 to '70 1,000

Bowernirv fnud bondn, coutlniiouH, local

('••nlriil

I

loutstandlng.

Value.

limn

l>('tk-li>ii*-y littnilK

Date of
tilblcii

5,5.5-2,:M0

ll),l47.all
.5I,.^lhJ,«(M

174,5*5,1410

.Vi.i)3«.46»

211,3 1,240

5l,fiM,(>10

IflO.
1871

•W1.841.li00
1B«,898,6.50

.52,3(2.9,511

53,81s»20

1878
1873
18:4

239.54.890

4.5.0.(2.54.1

2«'2,«i<),f«)

4», 103.175

258..M9,310

4.5.1.55,8.30

l'i"5

l'i6,4()K,Uil5

4S.2«ft,ii41

1876
1677

131,222.4«)0

:«i,815,7|s

ll',W4314

S4,71.5,8M

123.427,888
119,621,836
121,479,200
123,2:51.790

68,718,SS4

125,9:6,815
127,143,900

58,521,7.30

185,648,740
181,950,074
184.498.565

58,809,066
50,609,872

lS3,9B2,9li6
179,4!)0,142

1'28,S20,2;0

UK10
06

38
82
04

10

8

. ..,

CITY SECURITIES.
Subserlbers

ivlll

eonrer a creat (kror

DESCRIPTION.

bjr

kItIus Immediate notice of any error dIaeoTered In these Tables.

Date of
bonds.

For explanations see notes on first page of tables.
Cleveland— ( Conlinued j—

Size or
I

par

i

value

.

Large.

notes

lOOO&e.
1,000
1,000
1,000
1,000
1,000

do
do
Water loan
do
do
FluMburg, Mase.—C\iy notes
City bonds

1.600
1.000
1,000

Water loan
do
Bonds for vaiious purposes. 1860 to '74
Limited debt bonds (sinking fund 'J per cent).
1877
Galveston County bonds, G. C. & S. F. RR
1876
Bartford, C'o«H.— Water bonds ($50,000 due'81)
Water bonds
Oalveslon, Texas-

.

do
do
City bonds (H. P. &F. RR)
Paak bonds (4 of these bonds are for $500 each)
Funded debt
Capitol bonds
Botgokf, Mass.— City notes
City bonds

1,000
1,000

100 &c.
1,000
1,000
1,000
1,000
1,000
1871-'74

1874
I'ooo
Water lo.in
1872
1,000
Railroad loan ($60,000 are J. & J.)
1873
1,000
/ndtanajmU*— Bonds to railroads
1869 to '70
500
Bonds to Un. RR. Transfer Stock Yard Co.
1877
1,000
Ix>an bonds, series A
1873
1.000
do
do B
1874
1,000
do
do C
1874
1,000
do
do D
1875
1,000
Purchase-money bonda—Southern Park
1874
500
Schoolbonds— By Board of School Comm'rs.
1873
1,000
8<'liool lo.in, coup
1877
1,000
/er«ey C«y— Water loan bonds, mostly coupon. 1852 to '67
1,000
Water loan bonds, mostly coupon
1869 to '73 1,000
do
do
do
1877
1,000
Forty-yea rbonds
1873
1,000
Improvement bonds
1871
500 &e.
do
do
1872 to '74 1,000
Uorean street dock
1870
1,000
City Donda, coupon
Various.
1,000
Funded debt bonds.
1872
1,000
Hndson City bonds
Various. Various
Bergen school loan bonds
1869
l.OOO&c
do
sewerage bonds
l.OOO&c
1869
do
Improvement and water bonds
l,CK)0&c
1869
do
bounty loan
Various. Various
Greenville street improvement bonds
Various. 500 ito.
Ten-year bonds, coupon or registered
1876
Lawrence, JJa««.— Funded debt
1859 to '64 5066&C.
Funded debt
1862 to '75 5000&C
do
1874
1,000
Water loan
1873-'75 500 &c
Lewulon, 3fe.— Citv bonds ($25,000 each year)
City bonds ($.50,000 each year)
do
($110,000 due 1885, $210,000 1891)
Lewiston & Aubuni Railroad
Water bonds
LouitMU, Ey.—FoT JetTersonville KB. stock.
1852
1,000
Subscription to stock of L. & N. KB
1854
1,000
Water works
1857 to '67 1,000
do
1873
1,000
For improvement of streets
1866 to '67 1,000
Ke-eonstructing street
1873
1,000
Public buildings and institutions
1871 to '73 1,000
Public school and school houses
1853 to '70 1,000
Sewer bonds
1868
1,000
do
1871
1,000
XlUzabeth <b P. Railroad
1868 & '73 1,000
. .

.

Wharf property

'54,'62,3,

Jail bonds...

1868

fund, Jan., '76. amounted to 81,700.(XX), market value.
The sewer, street improvement and street opening

bonds are for special local improvements, and
redeemed by assessments on the property bene-

1,000
1,000

—

Detroit, Mich. The amounts of bonds outstanding
are given lees those held bv sinking fund. The
population in 1870 was 79,ti01 ;"in 1874, by State census. lOl.Og:). The value of waterworksis $i,483,880,
against a debt of $1,551,000. The water works bonds
are issued on a pledge of the city credit, and $75,000
per year collected in taxes to pay intercHt on them.
Assessed valuation, 1877, real estate, $71,359,605;
personal, $22.849,770-total, $93,709,375, which is
m&de on the basis of true value, but prior to 1876
assessments were on basis of 30 per cent of real
vtlne.
Tax rate, $0 93 8-10 per $100.

Mizabelh,N. ./.—Total debt of the city of Elizabeth Jan. 1, 1878, was staled at $.5,:180,U00, as follows: General debt, $2,950,000; assessment debt.
Estimated true value of real and per$2,480,000.
sonal property, $.32,000,000; assessed valuation,
Tax rate is $2 50 within the lamp
$16,000,000.
and water district, and $2 10 outside. Population
in 1875. 25,000.

Total debt, $3,5i7,047.

Popula-

tion, 1676, 45,.340.

FUchJturg, i'lMS.— Sinking fund, $89,500. Tot»l
debt, $894,993.
Tax valuation, 1876, $11,711,888.
Bonds all coupon. Population, 1875, 12,289.
.

$213,000
200,000
141,400

&

New York.

1,501,000
600,000
340,500
729,500
767,000
90,000
66,000
2,477,000
(1)

430,500
268,200
600,000
400,000
300,000
372,000
850,000
50,000
400,000
300,000
100,000
505,300
306,000
414,000
250,000
125,000
475,000
202,000
500,000
130,000
300.000
1,000,000

227,000
243,000
250,000
226,500
155,000
500,000
300,000
300,000
300,000
200,000
109,500
100,000
100,000
1,163,000
3,109,800
255,000
622,000
1,866,000
3,433,000
125,000

921,000
500,000
171,050
150,000
400,000
152,000
103,000
249.000
150,000
91,700
133,000
262,000
1,300,000
50,000
100,000
320,000
224,000
500,000
143,000
392,000
1,335,000
76,000
201,000
600,000
650,000
202,000
81,000
425,000
1,993,000
293,000
134,000

M.

6

Holyoke,

Mass.

—Bonds

all

Various N.
Various
Various

7
7
7
7

F.

&

t8til,400,

A.

N

7

Various

7
7
7
7

Various]

Sept.

A.

"7
5,6,7

&

Metropolitan N. Bk.

Y..

do
do
do

do
do
do

Farmers'
do
do
do
do

Y.,

Various
Various
O.

Various
Various

.

&

T. Co.

do
do
do
do

1, '78,

to '86

1898
1878 to '89
1878 to 1906
1879 to '91
1892 to '94
1878 to '81
1880 to '95
1881 to '93
1878 to '86
1885 to '96

1878 to 1888
1878 to 1891

City Treasury.

do

Aug. 1, 1894
4 A. Boston, Revere Bank.
May 1, 1895
M. & N. Boston, Bank Redemption.
do
do
Nov. 1, 1878-1880
M. & N.
do
Nov. 1, 1892-1906
do
M. ,t N.
F. & A.
do
do
Aug. 1, 1899-1905
City Treasury.
Nov. 20, 1882
M. &. N.
July 1,1893
J. & J. Boston, Merchants' Bank.
do
July 1, 1891
J.
do
J. &
July 1, 189.''>-1906
do
do
J. & J.
1874 to '95
Various
Galveston.
1907
do
M. & S.
1906
New
York.
J. & J.
J. & D. Mcrohauts' Bank, Boston. Junel, 1879 A '81
do
July
do
1, 1881
J. & J.
Phoenix Bank, Hartford. July 1, 1890-'93
J. & J.
City
Treasury.
Aug. 1, 1900
F. & A.
Suffolk Bank, Boston.
June 1, 1891
J. & J.
F. & A. Merchants* Bauk, Boston. Aug. 1,1882 A '84
Jan. 1, 1893
City Treasury.
J. & JJan. 1, 1897
do
J. & J.
1878 to 1888
City Treasury,
Various
Oct. 1, 1889
do
A. & O.
Jan.
1900
do
J. & J.
Jan.AApr.l, 1694
do
A. & O.
City Treasury.
Jan. 1,1889, to '90
Jan.
Jan. 1, 1897
N. Y., Wiaslow, L. A Co.
J. A J.
do
July 1, 1893
do
& J.
July 1, 1894
do
do
dc J
do
do
JiUy 1, 1894
& J.
do
JiJy 1, 189S
do
& J
Jan. 1, 1899
do
do
&. J.
do
do
Oct. 1, 1878
& O
do
do
Oct. 1, 1882
A. & O
J. & J. N. Y., Merch. Ex. N. Bauk. Jan., 1879 to '95
1899 to 1913
do
do
Various
July 1, 1907
do
do
J. A J
do
July 1, 1913
do
J. & J.
do
May, 1891
do
M. & N
1892 to '94
do
do
Various
June 8, 1900
do
do
J. & J.
Various.
do
Various
do
July 1, 1896
do
do
J. & J.
Vartous.
do
Various
do
Jan., '98 to 1900
do
do
J. & J
July, 1889
do
do
J. & J
July 1, 1879 A '89
do
do
J. & J
F.

6

6
6
7
6
6

10
8

10
6
6

6
6
6
6
6
6

6&

7

6
6

7
6
6
7'3
7-3
7-3
7-3
7-3

8

5

6
7
6
7

7
7
7
6.fc7

7
7
7
7
7

7
7
7

5I3

6
6

6
6
6
6
6
5

6
6

6
7
6

7
7
6
6
7

7
6

6

1

&

J.

AD

Various
Various

A J.
A. A O.
J. A J.
J. A D.
J. A J.
J. A J.
A. A O.
A. A 0.
A. A O.
Various
A S
Various
J. A J.

Boston,

do
do
do

J.

Itf.

Various
Various
J.
J.

A J
A D

do
do
do
Tremont Bauk.
do
do
do

Indltnapolis.—'TYiii assessment of taxable property in 1877 was $55,367,315; taxes for that year,
$620,112, or a levy of $1 12 per $100. The bonds
to Union RR. Transfer Stock Yard Co. are secured
by mortgage on the property. The School B,^ard
created
is a distinct organization from the city,
by a separate act of the Legislature; levies its
own tax, which is collected by the City Treasurer,
but is included in tax rates and amount above
S'ven. There are a few other small issues, amountg in all to about $50,000.

Jtrsty CT<y.— The total bonded debt of the city,
April I, 1877, was stated at $14,737,4.'')0. The sinking

fund was $770,000. Assessed valuation, 1877: Jersey
City, real $54 581,869, uereonal $6,0 3,150; Hoboken,
real $14,016,900, personal #1,449,400; Bayonne, real

by State
by U. S.

Lawrence, Jf(M». -Total debt, $1,87J,6.')0, of which
8300,000 matures in 1877, No sinking fund. Tax
valuation, 1876, $28,901,598; rate, 1-90, Population,
1874, 34,916.

Varlouii.

Various.

1878 to 1892
July 1,1894
1906
July 1, 1878 A '82
Junel, 1883 A '88
July 1,1885A1901
July 1, '93-1913
Oct. 1. '90, to

do
do
do
do

Oct.l,'97-1907-'17

N. Y., Mercantile N. Bank.

do
N. Y., Bank of America.
do
do
do

April,
April,

1882
1883

1887, '89, 91

March

1,

1883

1886,' 96. '97

I.«ui8vllle.

N. Y.,

,

June 1. 1886
1878-1884

City Treasury.

Bank of America.
Bank of America.

N. Y.,
York and Louisville.
[.oulsvlUe, City Treasurer.
N. Y.. Bauk of America.

New

do
Various
Various Louisville and
do
A. A O.

coupon, but can be

Population
$159,:7,».
1!6,883, against 89,000
(V. 22, p. 521.)

do
do
do

Various
J.
J.

Texas.—The total city debt Sept. 1, '77,
Lewhlon, Me.-ToU\ debt, $l,2OJ.9O0: assets,
of which all are 10 per cent, currency,' $118,507. The railroad bonds w«ie issued to build
except $35,000 park 8s, due 189M902,and the limited the Lewiston A Auburn RK,, which is owned by
debt bonds. (V. 2S, p. 283.)
the cities of those names.
Gaiveston,

was

due.

do

tion, 1875, 16,260.

census of 1870.

S.

6

registered.
Sinking fund, SU.OOO.
Total debt.
$96^,500. Tax valuation, 1677, $9,399,830. Popula-

Mass.—Tbe sinking fund amounted to $5,183,'2,56, personal
January 1, 167T. The water works are census in 1875 was

completed.

Where payable and by
whom.

003; net. after deducting resources, $2,152,100. lax
rate in 1877, 9X mills for city, and 8X for town purposes; for 1878, 8>4 mills for city is recommended.

Fall River,
tl43,0t8,

Principal—When

payable

Hartford, Cbnn.—Total debt; April, 1878, $3,050,-

fitted.

now

When

Kate.

1

1877
$1,000
1878
1,000
Detroit, Mich.- Bonds for various City purposes 1855 to '59
Bonds for Water Work Co., on city's credit. 1855 to '76 1,600
Public Building stoclf (City Hall) bonds
1859 to '71
Public sewer bonils
1872 to '74
Elisabeth, X. .T.— Improvement bonds
1871 to '74 1.000
Funded debt bonds
1870 to '75 1,000
School House bonds
1872 to '73 1,000
Market House bonds
1865 to '66 1,000
1875-'76
Consolidiited improvement bonds
1,000
Bonds due 1905

—City

INTEREST.

Amount
outstanding.

Bonds
Bonds

FallRiver, Mass.
City bonds

[Vol. XXVII.

do

New

York.

do

July 1, 1903
1891, '92 A 1903

1883 to '89
1898

Julj-,

June. 1901

1888 A 1903
1878 to 1898
Oct. 1, 1898

Louisville.—The funded debt, January 1. 1878,
exclusive of loans piy ble by railroad-, was
$8,182,000, against $-',258,0.fl January 1, 1877, Of
the $8,18J,000 there is payable out of the sinking
$3,6o4,fiOO; payable by special tax, $4,518,000.
Populitiiin Dy cenras of 1870 was 10J,750, atiainst
68,018 in 1880; now eitimsted upon the basis of 7 to
a voter makes 120.000, Assessed value of property
was highest in 1874, being then $r8,29,j,114; in 1878 it
is $63,194,437, Rate 01 taxation for all city purposes
in 1877 WIS $2 25 on $100 in each district. The following figures give the assessed property valuation
for the past nine years. For 1870, $70,806,712; 1871,
$76,845,995; 1872, $77,156,642; 1873, $77,215,372; 1874,
$78.2<«,114; 1875, $75,536,81i; 187i>, $71,849,774; 1877,
In order that this
i63,5i2,!t47; 1878, $63,l't4.487.
shrinkage in values may be better understood, the
following table is added:

fund

1874.

Grounds* impr'ts.$62,918,921
Merchandise
Residuary
Personalty

9,696 40!
5,664,930
7l4,8i«

1876.

1R78.

t56.38i^964 $48,770,596
o.%l,l!iO
7,213,601
H.8!>7,733

509,9^5

6,614,321
595,969

The Mayor

in his message. May, 1578, saya that the
ttoatinc debt. Jan, 1, 1878, was $I,0:?8,654, less
He says s'so: "I
8;«l,'-02 of available tax bills.
deem it entirely appropnate to state here that the
bonded deiit is really $316,000 leas than the amount

above quoted, as the sinking fund has purchased to
date i9r b per cent and 18 7 per cent bonds, iu all
31S bonds of $1,030 each, which they hold as an inves'inent. This would in reality reduce the l>onded

As

assets against this liability
share, except two, of the waterworks; nearly $1,000,000 of gas sf'Ck-, « 1,00 1,000 of
Nashville Rlt, stuck, »t 40c,. or $400,000; whsif
property, Ac, Ac,"

debt

to $7,867,000.

ihe city

pwn» every

J

July

1

.

CITY SECURITlEa

27, 1878.

Robaerlbera will oonftr a creat IkTor br (tvlnc Immadlata notlea araajr arror 41a«ovar«4 la thaaa Tafclaa.
INTKRE8T.
Principal—Wboa
SIse or
Amount
Date Of
DESCRIPTION.
When
Where Parable and by
Due.
par
outstoudlng.
Bonds.
Rate.

I>y>r

Payable

Value.

explanations see notes ou flratpngeot table*

I.niii»rill<\ Ki/.—tConlinueii)—
Koroia llttbllltleD

$1,000
1869
1870 to '74 1,000
1,000
1871
1.000
1871
1871 to '7.3 1,000
Rood bf'il
do
do
1,000
City bonds pay'ble by RR«.(m0Rtly L.& Nash.) 1851 to '63
1852 to '75 Large.
l.inccll, .1f(t*«.— City notes
1871 to '76 I>ance.
Wat IT not OS
1870
1,000
WatiT iKMids
lArge.
Lunn, Mats.— City notes

do

$86,000
605,000
500,000
107.000
350,000

do

Albany- A Bt. !. Air Lino RR.
ChanKoof gauge, LoiildT., Cln. A Lex. RR

New

Ixinlsvillc,

WiittT notes
Wat4»r tuinds

Kundod debt
«.ity Hall and

«...
Briiool

House

1, ,508 ,000

521.000
510,<KH)

1,300,000

530,000

1876^'':i-'5 Large.
1.0<X)
1871-'l-'6
1862 to '76 500 Ac
1857 to '67 1,000

471, ."itK)
4.50,000
387,5(K>
44,'2«)0

117,000
80,000
70,000
2m),000

//.— Cltv lionds
City lK)udH ($70,000 '1884. $10,000 1885)

Uiitithrtlrr,

.V.

do
Water bonds ($100,000 each yo«r)
do
do
do
Bower bonds ($S,000 1878, "80, '81,

4<K),0()0
'?3,

40.(X)0

"8.'^)..

37,500

Hunt'ook Valley Uailroad
MemphU, 7rnii.— School and paring bonds

1867 to '68

Post bouds

1867,

500 Ac.

'8, '9

1870

Funding loan, gold
River Railroad bonds
Endorsement Mcnipbls A Little Root
Comproniiso l>onds, couimu
Af t/wauAM^— Re-ad|u8tment bonds
fleneral city bends
Mlssis-si ppi

RR

do
registered
llinntapolui, Jf i«n.— City bonds
City bonds
...'.
do
Western division
do
do
do
do
JfoMle— Funding tuinds (act March 9, 1875)
SashnUe, renn.— N.i8hville i Cbatt. Railroad.

Various lity bonds
JTewar*:— Bonds, city purposes (s. fund of 1859)
War bonds, tloiitiuK debt.&o. (s. firnd of 1864)
Public scUool bonds
Clinton Hill bonds, coup. &. reg. (s. fd. 3 p. o.).
Corporate lionds, eouj). or rc).'.(iKt Apr. 21, '76)

Sewer and improvement bonds
Aqu«duct Boanl bonds
Tax arrearage bouds
Neie Beilfoni, .I/u«*.— City bonds
City improvement

(local liens).

500 Ac.
1,000
1,000
1,000
10,000
1,000
1,000

500
ryOO

500
1,000

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

1876-'77
1861-'74

1875

War loan
Water bondt
do
do

:

Seui Uattn, Oonit.— Sewerage
City Hall
City railroad ($20,000 payable each year) ...
(^ntv bouds (10-20 bondsl
V.(M4can«— Consol.debt ($650,000 pay'bley'rly)

10,000
1,000
l'876
1,000
1867 to '76 1,000
1872-'74
1,000
1,000
1,000
1,000
1,000
1,000
1,000

1877
1852

Ratlroaddebt

1854-55
1869
1869
Beren per cent funding loan of 1869
1869
Seven i>er cent funding loan of 1870
1870
JetTerson (3ity (debt assumed)
57, '67, '70
Whai^ impr. bonds (assumed by lessees)
1870
Street ini provemcn t bonds
1871
1,000
Consol. gold bonds (gen'l and drainage series)
1872
1,000
Ten per cent bonds, deficit and old claim
1871
Various.
New prtMnium bonds (in exchange)
JTcieton. iluss.—C'tty bonds and notes
1864t<)''75 l.OOOAc
Water loan ($600,000 6s, balance 5»)
1875
1,000
Jfeie ForA-— Water stock
1841 to '63 100 Ac.
18'
Water stock
100 Ac.
Ooton water stock
1846 to '69 100 Ac.
New CVoton Aqueduct stock
1865-6
100 Ac.
Additional new Croton Aqueduct
1870 to '77 .500 Ac.
Croton water main stuck
1871 to '77 500 Ac.
Croton Reservoir bonds
1865 to '74 100 Ac.
Ooton Aqueduct bonds
1866 to '70 100 Ac.
Croton water pipe lK)nds
1869
100 Ac.
Cent. Park fund stock ($275,000 only due '98) 1857 to '59 100 Ac.
Imprt>vcmout Imnds
1874
500

Waterworks loan

.

of

1

,

'

XotHttfJIfiU'.— All the notes held by eavlngs
banks. Wster loan sinkin.' fund, $69,967.
Tax
Taloation, 1878, t3»,-98,460; 1677. »39,345,ajt). ToUl
debt, »«,33I,(X)0. PopiilatioD, 1875, 49.6«8.
Lynn, Jfoiw.-Total debt, ti asft.OOO. Sinkin«'
fnnd. |liifi,47.i.
Tax valuation, 1870, $20,!.27,l;5.

PopnUtion,

18T5.

kancKMtr,

.V.

.'tt.tiOO.

//.—Total debt, 81,019,491; assets,

$88,367.

MemphU, TVnn.— The city has been In dcfanit for
sterect since Jim. 1, 1878. The total flosiing debt
July 1, 1877, was $2,005,974 of which $735,«S) was
overdue hutreet. and there were nominal assets
(anpald Uies, Ac
to balance this of $B,1 13,690.
The circular »f ,Fuly, 1877, urging the city creditors to accept the pronosilion had the follow1

ing:
"These new bonds are ei>|)e<'ialiy valaable,
let,
bee UM thy ai.d the coupons are made
receivable In payment of all taxes and demands
of the city, and thi" feature is expressly made
» part of the contract with the Dondbolders;
ad. It is part of the contract, and irrepealaiile.
that the citv shall not issuf any more Iwnds
Thcananal levy if tjixes for all purposes will of
course exceed the smount cf the annual interest
coupons on the c bonds.
Hence the intcretHs
assured at all events,' even if hy inevitable mi-fortune the city should fail to pay ihe interest in
money. The proposition is to ifsnc the new com.
promise bonds in exchange for the present Ind.hiedoess (including interest on past due indebtedBess) at SO cents on the dollar. For judgments the
Lepislalure authorizes the payment of 65 cents"

To

April.

$1,800,1(00 Bid boeds had been funded
Assessed valuation , of .fealflstate; 18T5, $19,*»,600;
pmoaal. about »6,5no.(>00. Tax ratiT.
per ilOo!
Fnnlatlon In 18T0, 40,830. (V. «3, i>. 379;
o
'^'
V. 85, p. 114.)
7i<,

'

JW;

^V

U

MUwaukee.

J.

6
7
6
5
7
7
7
7

10

124,1500

8

8
8
8

7
8

7
6

6
6

6A

7

6&7

Various
Various
Various
Various
A.

J.

6
7
7
7
6,7
6

F.

6A

A6 J. A
A 6 Q.-F.
6A 7 M.A N.
Q. — F.
5 A6
Q. — F.
6
5, 6A7
Q —'F
5, 6 A7 M. AN.
5

6
6
7

City Treasury.

do

City Treasury.

do
do
do

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

New
New

Orleans.

Inter't is payable at City

'

Q.-F.

iSan.

6

7

JuIy,'91-'96-l»02
Feb. 1,1801 A '99

Nov.

1,

1901

N»v., 1905
187.5-77-79

1870 to '96
1877 to '93
1878 to '91
31
1895
1908

April, 1888, to'

July
Aug.

1,
1,

1879 to '93
1876 A 189'.J
1886-'87
1879 to 1889
1891 to 1910
1878 to 1884
1900 to 1904
1885 to 1909
1883 to 1909
Oct. 1,'91 A 1901
July 1, 1831
Oct. 1, 1877 to '86
July 1,1887-1397
July 1, 1392
1874-5 A 1894
Jan. 1, 1899

1394
1395
1887
1897
Dec, 1880

March
June

1,
1,

to

Aug.
July
April

1,
1,
1,

1911
1922
1881

1879 to 1895
July 1, 1905
1879 A 1880
Nov. 1,1902
1883 A 1(!90
Aug. 1, 1884
Aug. 1. 1900

Comptroller's OtBce,
New Court House, except such int. ou the
gold l>onds an is paid i Nov.l,19O0A1906
abroad, and that is
1907 to 1917
payable at Messrs.
1007 to 191
Kothschild's in l<ou1880
1887 A 1898
don.

1879

mI'a N.

m

A

Mof. A North western KR.

8s.
Also about tM.5 000 overdue interest on these
issues.
A mandamus was issued from the U.S. Circu t Court, and the Auditor's report i^ays that
• unscrupulous bondholders succeeded in grinding
out of the poverty of our people the satisfaction of
their claims." Popalatlon about 38,00*. (V. 90, p.

303.)

NOithciUf, TTe/m.—.M the close of the fiscal vear,
Sept. m. 18*7, there were $121,800 of past-due bonds
$I7<i.«IO unpaid coupons.
The total debt was
$1,671. .160. Assessed valuation of all property, about
412,000,000; tax rate. 1877. 2 per cent.
Ntuiark.—Tiie bonds in the first line In the tabic
arc payable out of the sinking fnnd of 1880, which

and

Newark, Mech. Nat. Bank.
do
do
do
do

5

.500,(X)0

A

Jan.

Naehvillc.

City Treasury.
J. Boston, Comm'uwealth Bk.

^nn.—

$1,51.00.1

New York and

6«9 Various

I87ti, valuation was $.')8,;43,42< real, and $I4,9:il.763 personal property; tax rate in 187.5, 2s.tK mills.
Sinkl g funds are provided for all the bonds.
There is also about $47,000 scnp issued to settle
old railroad bonds.
Population by State census,
1875, 101.000.
(V. 'A p. 622.1
MlnneapoHs,
Total debt, $971,500; tax
valuation, 1876, (21,834,078; bonds all coupon.
MotfU«,~The valuation of prorsirty in 1877 was $11,(^i,049 real estate and $6,118,462 personal property;
tax rate. 1 6-10 per cent. Interest was
default
from July, 1873. A settlement with bondholders was
offered by Act of March 9, 187.'S, viz.: $510 In 6 per
cent bond for $1,000 of the old 8 percent.
The .5
per cent bonds have a lien on city revenue, and
exciiange for these was offered at 7 > per cent of
their face.
Up to Jan., I87i*, there had been
settled, of old bonds, all except $12,101 of old
bonds. A, B
O ; $56,6 of bonds D. K & F; $.3s.500 88 of 1871 $IA(i00 of Mob.
(St. Northern KK.
8s; $1«.(KKI wharves 8s; $300(0 Mob.
Ala. Grand
;

1907
1, 1891
1, 1901
June 1,1896
Jan. 1, 1902
Jan. 1, 1902
Dec. 2, 1892
Feb. 2, 1894
May 1, 1905
1881 to 1885
1886 to 1900

June

5
5,

—The city cannot

and

July. 1872

New York.

Newark, City Treasury.
do
do
do
do
0.
J. Newark, Meoh. Nat. Bank.

A
A
A A.
M.A S.
Various
F. A A.
A. A 0.
A. AO.
5
A. A 0.
5
A. AO.
6
A. A 0.
7
A. A 0.
7
A. A 0.
6
J. A J.
6
A. A 0.
5
J. A J.
6
J. A J.
6
Various
5
J. A J.
M.
7
A 8.
7
J. A D.
Various
8
7-3
J. A D.
7-3
P. A A.
7g. Q.-J.
10
A. A 0.
7

7

In

Ss;

1873 to 1900
Nov., 1900

6g. H.

issne debt beyond 5
per cent of its average assessed value for five years.

Trunk

do

Memphis. ,
J
A J.
AN.
Charleston, 8. C.
J. A J.
J. A J. N. v., H. TalnuHlge A Co.
Milw.
and N. Y.,A.Goettel.
J. A D.
do
do
J. A J.
do
do
J. AD.
do
do
J. A J.
do
do
J. A J.
J. A D. New York, Park Nat. Bank.
do
do
F. A A.
do
do
M. AN.
do
do
Various
do
do
J. A J.
do
do
J. A J.
do
F. A A.
do
do
M. A N.
do
M. A N. Mobile, Mob. Savings Bank

6

713,8.50

A

do

J.

A 1901
1891

Feb. 1,1880
July, 1901 A 1903

Various New York and Louisville.
1881 to '93
Various
1H78 tol894
City Treasury.
1886 to 1894
6, 6>3
Various
do
6
M. A N. Boston, Bank Redemption.
Nov. 1, 1890
6,7
Various
187Stol890
City Treasury.
1H7H to 1890
6,7
Vai lous
do
6
.1.
A J. Boston, Bank Reputillc. Jifly l,'01-'94-'96
5, 5I3, 6 Various Treas'y A Bost. Bk. Rcpub.
1H79 to 1896
do
1882 to 1890
5,6
Various
do
6
City Treasury.
Jan. 1.1880-1894
J. A J.
6
do
April l,1884-'85
A. A 0.
6
Suffolk Bank, Boston.
May 1. 1893
M. AN.
6
do
do
July 1, 1890-'95
A
J.
J.
6
City Treasuiy.
188t-'»2-'97-1912
J. A J.
6
do
July 1,1878 to '85
J. A J.
6
do
Aug. 1,1878 to '97
F. A A.
1873 to 1902

250,000
70,000
50,000
60,000

450.200
98,000
430,000
30,000
227,000
388,200
11,358,100
387,000
771,000
2,411,000
500,000
2,900,000
250,000
3,614,000
4,521,000
970,637
490,000
450,000
3,341,071

A

Sept.,

6

110,000
115,000
125,000
1,785,122
214,000
1,155,000
73,000
1,890,000
500,000
400,000
700,000
2,500,000
3,030,000
646,000
179,600
223,000
148,000
100,000
400,000
200,000
499,000
60,000
200,000
150,000
4,389,000
791,000
323,900

1,000

.

J.

1880
1880, '94

5 to 7

1,171,000

500
500
500

1875
1878

M.

7
7

341,000
60,000
300.000
900,000
350,802
242,000
100,000
429,000

1,000
1,000

1875
1849
1870 to '7

J.

I

1,000

1857
1877
1861
1871
1876
1872
1872

do
do
Water bonds, coupon

1,300,000

A D. LoulsvlUe and New York.
Various
do
do
A 8. N. y.. Bank of America.
P. A A.
do
do

6
7

7

amounts

to $113,66.3; those In second line out of
sinking fnnd of 1864, $1,013,633; public school bonds
out of public school fund, $141,911; Clinton HIU
bonds by sinking fund, $IO,r,3i; tax arrearage,
$165,000; against local improvement bonds tae
city holds $:J,074,:i13 of assessments unpaid and a
lien on the property. Temjwrary loan bonds, Jan.
Valuation of real and
1, 1878, were $1,192,000.
Iiersonal property, 1876, $97,116004. Tax rate for
all purposes, 1877, $1 96 p<'r $100, against $t 90 in
Population in 1870. 105,059.
1876

New

Bl(^)^or4,

M(U8.-to-eL\ debt,

$l,';50,6{0.

N«

Tax valuation, 1870, $!S,99«.0t4.
I'opnlation, 1875, 25,695.
New Hawn, tlonn.— Total debt. •989,000. Sinfcng
fund on City Hall loan. $47,969 73. The city has
made a " special loan" of $75,000 to the New Haven
Derby Rll . and " giurantecd" $2ij.000 of Its
second mortgage bonds, on which Ihe city has ^>een
obliged to pay the interest, and on $.Vi,000 of the
special loan. Interest advanced to the road, $8^,8M.
sinking fund.

A

Population, 1870, 50,840.
New Orleans.— K decision In June, 1878. holds
invalid the special tax p ovisions for consolidated
bonds. The floating debt. Jan. 1 , '78, was $1,841,9S8.
The assessed valuation of property for 1878 la
mills;
$111, 123,6m5. real and personal. State tax,
.^ scheme for
city tax. 15 mills: total tax, 29X.
settlinc the debt by a bond premium drawing pUn
IS in practice, and drawings take place Jannary 81,
April ;5, July 31. and October 15. Popolation in

UH

m

(V i«. n. -'So, 617.)
1860, 1.18,670.
ISTi.i, 191,418;
Newton. Vaa. -Total debt, $1,2)3,(»4. Tax raination, 1877, $)»,645,»4a; rate, 1'8«. Population. 1975.
16,106.

New York

Jan.

1,

total debt of New Tork,
was $148,821,067; the amount of
The following sutCMSOt

CUy.-The

1878,

ttnUng tonds

$31,080,007.

.

;

CITY SECURITIES.

iE&

[Vol. XXVII.

Sabaerlbers irtU eonfter a sreat Divor by giving; Immediate notice or any error diacorered in theae Tablea.

DESCRIPTION.
For explanations see notes on first page of tables.

Date of

Size or

Amount

Bonds.

par

outstanding

IJfTEREST.

RafA
Kate.

Value.

When

1

Ipayaijie

Principal— When

Where payable and by
whom.

due.

New York— (Continued)—
1880
5
M. A N.
$24,000
a
July 1, 1803
399,300
5
1887 A 1895
3,849,800
6
Ǥ
6,127,000 6,z.. 5,0,7 M. A N.
Nov. 1, 1901 to '8
ll
1894 A 1897
6A 7 W. A N.
296,000
1888
M. A N.
75,000
7
1^
•89.'92,'96 A 1926
2.025,900 5 A 6 g. M. A N.
-0
U. A N.
1889 A 1892
7,269.400
•§«
7
1889
700,000
6
M. A N.
IS
1899
521,953
6
M. A N.
1884
597,586
6
M. A N.
1879
m. a n.
2,767,000
7
si
1890
3,000,000
iM. A N.
7
§5
5 A 6
M. A N.
1905 A 1926
3,000,000
1884 to '88
6,500.000
m. A N.
7
i'^.
3,661,739 5. 6 A 7 M. A N.
1878, '82, A '88
1,000,000
;m. a n.
1879 to '82
7
»l
iM. A N.
1890
300,000
7
ta
3,498.000 5, 6A 7 .M. A N.
Nov. 1,1878 to'Rto '3.;
12.485.000 5. 6 A 7 M. A N.
1,1878
Nov.
§s
1901-1904
5,653.000 5,6,7A(ig M. A N.
1891
m.
n.
200,000
a
Nov.
1,
6
M. A N.
636.000
Nov. 1. 1891
6
|i
Nov. 1, 1891
1,130,000 5. 6 A 7 M. A N.
iNov. 1, 1882 A '^i
M. A N.
265,000
6
Variou.s
1894 to '96
8,77it.700
A 7
2.058,3.50
5 A 6 M. A N.
May,'97. 1916-20
M.
N.
1903
927,000
A
5A 6
398,000
Nov. 1, 1890
5 A 6 M. A N.
1.2
N.
M. A
J.an. 10, 1880
332,316
5
m. a N.
July 1, 1879
488,475
5
^1
M. A N
1.240,000
Nov. 1,1878 to '80
6
1878 to '92
2,140,000
6
M. A N.
1884 to '88
600,000
M. AN.
7
ii
1894 to '98
520,600
M. A N.
5
"1
1883to'9(J
M. AN.
4,000,000
6
1880 to '81
M. A N.
940,700
6
Sri
1895 to '97
M. A N.
"1
745,800
7
1891
M. AN.
376,600
5=7
1879
M. A N.
500,000
6
1882
M. A N.
855,204
6
Ii
M. A N.
1887
1,719,400
6
1903
492,700
M. A N.
1910
900,450
M.A N.
6
1884 to '88
100.000
M. A N.
6
sB
1896 to 1901
14,702,000
6 g. M.A N.
M. A N.
1884 to '88
6,000,000
7
1^1
sg,
1891
M.A N.
30,000
6
9O
1896
1,680,200
J. A D.
7
M. A N.
3,119,600
1S79 to'86
7
1,250,000
6'
J. A J. Norfolk, Treasurer's Office
1878 to '85
1,027,287
Sept., 1890
222,000
do
do
CAS M.A S.
A. A O. S^orfolk, Cit. A Peop. Bankf Apl., '92: July,'93
415,800
8
M.A N. New York, Park N. Bank.
May, 1901
500,000
8
125.000
Oct. 1. 1893
A. A O.
Boston, Bank Republic.
7
Jan. 1, 1898
50,000
do
do
7
J. A J.
April 1, 1907
160,000
A. A O.
do
do
5
300,000
do
Jan. 1, 1890 A '98
J. A J.
do
Jan. 1, 1905
164,000
J. A J.
do
do
7
Dec, 1878-1904
130,000
J. A I).
City Hall, by Treasurer.
7
Dec, 1879-1900
140,000
do
do
J. A D.
7
38,000
Dec, 1878-1880
7
J. A D.
do
do
1882-1902
353,000
J. A D.
do
do
Dec, 1878-1900
433,500
J. A D.
do
do
June, 1887
100,000
6
J. A D.
do
do
1901-1904
Various
90,000
6
do
do
1878 to '85
6,630,021
5 A6 J. A J. Phila., Far. A Mech. N. B'l
1,725,000
do
do
6
J. A J.
)
6,500,000
do
do
6
J. A J.
> 1878 to 1903
4,853,500
6
J. A J.
do
do
$
8,701,600
6
J. A J.
do
do
)
11,650,000
A
do
do
S 1878 to 1905
6
J.
J.
15.509,750
do
6
J. A J.
do
)
1883 to 1905
5,599,400
do
J. A J.
do
6
94,500
Various
City Treasury.
1878 to 1890
7
100,000
May
15, 1879 A'81
10
M. A N.
do
June 1, 1888
195,000
do
7
J. A D.
1889-1891
155,000 7,6g.A7g Various
do
Mch 1, 1882 A '83
42,000
do
10
M. A S.
July 1, 1888
100,000
J. A J.
do
7
1893 to '98
4.413,400
Pliiladolphla.
A. A O.
7
1877 to 1912
2,241,000
6 A7 Various Pittsburg, Phifo. A N. Y
1913
2,179,469
4 A5 J. A J. New York, B'k of America
1883 to '85
5,028,800
Various
Philadelphia.
7

Third Avenue improvement bonds (23d ward)
1877
$500
Central Park fund stock
1856
100 Ac.
Central Park improvement fund stock
1858 to '71 100 &c.
Dock bonds
1870-'78 500 Ac.

1

^^.

1865 & '68 100 &c.
1869
100 &o.
1876
500 &e.
do
1870-'73 500 &c.
do
Ivnnatie Asylum stock
1869-'70 100 &c.
Fire Department stock
1869 '70 100 &c.
Fire telegraph bonds
1870-'73 100 Ac.
Tax relief bonds
1869
lOO&c.
do
do coupon
1870
500 &c.
N.Y.Brldge bd? ($1,500,000 red.after July,'96) 1869-'77 500 &c.
Accumulated debt bonds
1869-'70 100 Ac.
Street improveraou t bonds
1874-'77 100 Ac.
Street opening and improvement bonds
100 Ac.
1871
Ninth District Coiu-t-housc bonds
1871
500 Ac.
Department of Parks improvement bonds
1874-'77 500 Ac.
Assessment bonds
1874-'7S 500 Ac.
City parks improvement fund stock
1871-'78 500 Ac.
Normal school fund stock
1871
500 Ac.
Public school biiildiu^und stock
,500 Ac.
1871
Additional Croton water stock
1871-'78 500 Ac.
Sewer repair stock
1872
500 Ac.
Consolidated stock
500 Ac.
1874
do
20-50 (redeemable July '96,
.500 Ac.
1876
Museum of Art and Natural History stock
1873-'70 500 Ac.
Third District Court-house bonds
1874
Armories and drill-rooms
.500 Ac.
1877
Liquidation of claims and judgments
187.5-6
500 Ac.
Central Park connnission improvement bonds
1876
500 Ac.
Comity Court-hou.sc stock
1862 to '68 100 Ac.
ao
do
No. 3
1871
100 Ac.
do
do
No. 4&5
1872
Soldiers' bounty fund bonds
1864
100 Ac.
Bohliers' subs, and relief red. bonds
1864
100 Ac,
Soldiers' bounty fund bonds, No. 3
1865
100 Ac.
Soldiers' bounty fimd red. bonds. No. 2..
1865
100 Ac.
Riot damages red. bonds
1864
100 Ac,
do
indemnity bonds
1864 to '72 100 Ac,
Assessment fund stock
1868 to '72 100 Ac,
do
do
100 Ao,
1873
do
do
1875
100 Ac.
Bepairs to buildings stock
1870
100 Ac.
Consolidated stock, gold, coupon
1871 to "
500 Ac.
Accumulated debt bonds
1869 to '70 100 Ac.
N. Y. and Westchester Co. improvement bonds
1870
100 Ac.
Consolidated stock
1874
100 Ac.
For State sinking fund deficiency
1874
100 Ac.
Debt of Westchester towns annexed
Kw/olh; Fa.— Registered stock
ioio
Coupon bonds ($20,000 due '94 are 6s J. & J.) 1870-'74
100
Trust & paving, coup, (pav'g, .$189,300, J.&J.) 1872-'73
100
Coupon bds, water (a niort. on water works.)
1871
100
Konrtch, Conn. City lionds
1,000
City bonds
1,000
do
.
1,000
Water loan (.$50,000 1890, $250,000, 1898)..
1,000
Court House
1,000
Pa<eraoH. A". ./.—School bonds
1858-'73
500
Funded debt bonds
1862-'71
500
Improvement bonds
1869-71
.500
Sewer bonds ($125,000 are M. & S.)
1869-'77
500
War bounty bonds
1863-'65
500
Funding bonds, "A"
1877
100 Ao.
Renewal bonds, "B"
1877-78
500
Philadelphia— Bonds prior to consolidation
Bonds for railroad stock subsidy subscripfns
1855
do for water works
1855 to '71
do for bridges
1859 to '70
, .
do for park and Centennial
1868 to '70
do for war and bounty purposes
1862 to "65
do municipal, school, sewer, &c
1860 to '70
Guaranteed debt, gas loans
Peoria, 7W«.— School loan
Water loan (.$50,000 each year)

Market stock
City Cemetery stock

City improveni't st'k (part red'mable after '96)

A7

^^

li

A6

6A7

•

—

6A7

•

.

Water loan

.

.

do

Bounty loan ($21,000 each year)
Peoria & Rock Island Railroad
Pituburgh — Water exten. loan (coup, orreg.)... 1868 to
-_ '74
Funded debt and other municipal bonds
,1845 to '72
Compromise railroad bonds (coup, and reg.)
1863
Bonds impr. Penn .av., &c. (local assessment). Il871 to '73
.

. .

shows the details of funded debt, and the amount
in the city sinking fund at the dates named:
Description.
Jan. 1, '77. Jan. 1,'T8. Ju'y I, '78.
Funded debt.. $119,631,313 $121,440,133 $119,866,983
S inking funds.. 28,179,102 3 1,080.007 30,o;s,5J2
.

.

Net debt
Temporary debt.
Reveune bonds.

.

The popnlation
In 1870

was

91,452,211

sll,.1H0,ia6

"88,790 411

2J,:171,400

21,349,500
6,061.421

20,778,500
17 869,511

6,104,844

of

!)2i.531,

New York

by the U.

S.

against 805,658 in 1860.

census
Since

Jan. 1, 1881, the vuluation, rate of taxation, and
net fande<l debt at end of year, hnve been as follows:
^Ratetaxp.
Rca
Personal
$1,000..^
Net
Year, eetate.
estate.
State. City.
debl.

t

$

*

186!..40«.fl.-)5,665 174.621,306
1862..3!«1,.5,56,404 n2,41«,l):il

3 62 16 .311
.36
f 20,087,301
-'V^-'-~..
3 87 13 4.5
21,695;606
1863..402,187,.38J 191,967,161 4 iT 16 08
26,185,190
1864..410,774,4:M 22:{.9i(),5IX5 5 31
17 29
.33,769,601
1865..43T.36fl,SS4 18:. 423. 471 4 96 24 94 « 35,973,5;>7
1866..47,<,934,9:M 2.')7,9:M,974 3 91
19 06 S a3,654,683
18a7..B.')5,417,0e2 i76,;«9,)51 4 67
22 0:l = 32,914,421
l868..62:J,-«6,.'>.'>5 283 199,972 6 13
29 17
3.5,983,647
lSb9..ti84,183,9l8 281,142,696 2 72
J9 98
47,791,840
J8r0..742,in3,075 305,285,374 2 70 19 80
73,37:1,552
1871..7IJ9,3!I2.250 306,947,2;H 4 43
17 90 .S 88,:169,.386
1872..r97,148,665 306,949,422 5 30 3:1 81 " 95,.581, 153
18T.3..8:36,69:l.:lSil 29!.5.7,643 5 41
19 .59 S 106,363,471
1874..881,&n.995 27'2,481,181 6 95 21 05 .3ll5;i87,9fi9
1875..88.3,643.545 217,800,154
29 40
; 116,773,721
1876.65^2.428,165 218 626,178
28 00-^
119,811,310
I877..K>3.9«3,9.33 206,028,160 ^-86 50-^
117,741,0)0
1878..fc0n,a5V70O l9-,'i32,(Xi5^-.. ..-^ [
The tax rate for 1877 was placed at $28 .'io. Ito
raise $29 178,940.
By an act of 18T4 the towns
'
i

I

!

2

—
—

—

'

•

or West Farms, Morrisania and Kingsbrid^e, emOracu:g about 12,000 acres, were annexed to New

York.

1

1

The report

of Comptroller Kelly to August
1, 187V, is given at some length in V. 25, p.
198.
Mayor Ely in his message Jan. 1878, remarks The
past year (1-77) will be meoiorable, I hope, as the
beginning of a new epoch in the financial history of
onr city government. Fjr :i0 yeard previous our city
:

debt had been steadily increasing. From an in.
debtedness of about $18,000,000 on Dec. 31, 1857, at
the expiration of ten years, namely, December 31.
1867, the amount had increased to $32,914,421 26.
This covered the period <if the war, during t\v.»
years of which, 1863 and 18:4. more than $12,000,000
was added to the debt. From 1867-8 may be dated

the accession of the corrupt administration known
as "the Ring" to fnll control. This dynasty continned )n power for nearly five years, nniil 1872,
during which period the aggregate debt of the city
incr.-ased ai follows
186-', $:i5,93.3,6l7
1869, $47,7.11 841
1870, $73,373,533 : 1671. $88,369,3-6
1872.
$95,5,83, 153.
Then followed an almost entire change
of administration, and many sincere efforts to economize expenditures and diministi the increase of
the public debt. Rut snch efforts were only to a
limited degree successful, ns the following table
of Itsincresse fro:n 1873 to 1876 will show:
:

;

;

1873
1874

;

$106,363,471 11875
114,979,969 1876
I

$116,77.3,734
119,811,310

The outstanding assessment bonds (payable out
assessments on property benefitted) are
represented by advances to contractors, advances
on Boulevard work, and uncollected local assessments. (V. 22, p. 6:1, 56S; V. 23, p. 13,5, 160; V. 21
p. 40, 158; V. 25, p. 17, 198, 358, 458; V. 86, p. 41.)
Norfolk.—The "Trust" bonds dne April, 1892,
are secured by deed of trust on city property.
Coupons of 1st series are payable at Citizen?' Rank
coupons of 3d series at Peoples' National Bank,
of local

Tax

rate, $1 60;
rate, 2 per cent.

water tax, 40

PMJaJelphia— The

to'al

cts., (special); tot

funded debt, January

i

1,

$55,733,141; guaranteed debt, $5,999,400;
debt, $11,893,810. Sinking funds, $12.8:13,367.
Total disbarsementa of the city for 1877 were
$15,785,1,55, classified as follows: Judgments. Ac,
$609,162; interest on city loan, $3,761,968; Interest
on city warrants, $6.53,181; sinking fund', f80'),»1.5,
warrants of previous years, $S, 377,205; amount pMid
on loan warrants. $S3 1.553; erection of public
buildings, $230,379;
cash for the departments.
The following table exhibits the assessed
$461,461
valuation and tax rate in the city since 1871:
1878,

was

floatiu'.!

.

Real
•

Year.
1872...
1873....
1874,...
1875....
1876....
1877..,.
1878....

Estate.
... $50'3,415.363
...
618,3 J4,.568
...
539,003,602
565,849,095
,..
...
585,408,705
...
593,313,5.32
...
536,988,097

-

,

Personal
Estate.
$8,608,819
8,930,700
9,'SJ9,933

9,434,873
10,001,673
9,755,000

Rate Tax
per $1,000
$30 80
21 50
22 00
21 SO
21 50
S2-:50

21 50

There is no large amount of city debt maturin" mthe
next five years. Assessed valuations of re u estate
for 1878 are: Full city property, $.539,663,758; tax
rat
rate. $2 15; 8nburb.v.i property, |:!7,813,'.i01;
$1 4:11-,'; farm property,fl9,511,4:i8; tax rate, $1 07'Ponniatiop, 1870. h74,022, against .565,529 in 1860.
Total debt, $712,60); tax valuation,
Pcofirt,
1876, $11,574,105.
Real
1876:
valuation
in
PUtfduriih.—Cii.sh
property, $120,371,761; pergonal, only $2,570,401.
"Occupation'
according to Comptroller's report;
Tax rati-,
Sinking funds, *473,'377.
$15,273,0)0.
Poonlatlon about 140,000. Interest
1877, 2,s; mills.
defaulted April, 1877. tV. 24, p. 519, 691; V. 36, p.
;
159, 181, 36j, 471; V. 27, p. 68.)

Ux

/«—

—

J

July

27,

.

CITY SECURITIES.

1878.

Sobiorlbera

vrlll

ooafer • ci""'*

Aror

DESCRIPTION.

bjr

cIvInK Immediate aotioe of tinr error diaeerered In these Tables.

Date of

Size or

Amonnt

Bonds.

par

ontstandlug.

Value.

For cxiilanattoiM goo notes on flrat paiff ot tables.

Me.—JMau

Portland.

to Atl.

&

St.

Lawrence RR.

•88,'60,'70

1867 to '69
1872
do
do
do
1872
fin
Portland &. Ogdonsburg
1852-7n
Mui'.iniuil— proiMir
Ilu.u'.iiij; lonu luMidfi
1867
1855
I'rt'fiitnier, Ji./.— Bonds for public Improvemts
Hrf rutting and hountv bonds
186»
1872
W.uorloau l)ouils. ie;i>id, luiipuu and rug.
1874
do
do
do
do
1876
do
do
1875
City Hull It sewer loan b'ds, storliuK. cp. orreg
1H72
Vri>\ f; SprlnKlleld UK. bonds, gnarantoed...
llriiK street DIstriet notes
1877
l;or/i,sui; .V.r.— To Genesee Vnlley Railroad ..
To i;i"li. A state I., and R. N. it. P. Railroads.
To! \ uriifns city improvements
W,.!,
works loan, eo'ipou and registered
unitini:' loan
1875
Unkh-.Hil. .Ifr.-City bonds.
Portland

lionii tu

ic

Rochester Railroad.,

.

1

$787,000
700,000
450,000

$1,000

500 &e.

1,350,000
95,200

500 Ac.

2,1

508,000
600,000
300,000
2,000,000

1,000

lOOOAo.
lOOO.tc.

lOOOAc.
lOOOAc.
lOOO&c.

•2,000.000

1,500.000

iilOO

l,397,2"iO

I'.WK)

500,000
700.000
168,000

1,000
lOOOAc.
Various

7.50.000
961. «N6

lOOOAc

3,182.000
410,000

!•

:o;lil

li.i:

loan

^

161.l-'5

400.000

'

1.50.000

(to

205,000
431,500
150,000
299,100
500,000

<lo

Josn'h. J/o.— Bonds to St. Jo. & Den City
Boud^• lo Missouri Valley Railroad
Bonds f ir various purposes

Bt.

RR. 1860 to '69
1869

500
500
100 &r.
500

I

1858 to '69
1871
1816 to '71 Various

I

Bridj;e lionds

I

Loiii«— Ueuowal and lloatinR debt bonds
Real estate, biiildlnicM and general purposes.. 18 10 to '68
Street iniproveuient l)onds
1851 to '66
Water work bonils (old)
1856 to '58
Tower (irove Park bonds (gold)
1868
Sewer bonds
1855 to '69
Harbor and wharf bonds
1852 to '68

SI.

1,922,000
1,223,000
166,000
336.000
316.000

Various
Various
Various
1,000
1,000
Various
New water work bonds (gold)
1867 to '70 1,000
do
do
do
1872
1,000
Renev al and sewer bonds (gold)
1871 to '73 1,000
Renewal purposes, gold or sterling
1873
1,000
Renewal, lic. bonds, gold, $ and M
1875
1,000
Renewal, &c., bonus, gold or sterling, coupon.
1874
1,000
Bridge approacli bonus (gold)
1872
500

Countv bonils as.suined
Renewal bomls, coupon
Bonds to railroads, coupon

Xltl

88.T.O00
;

\

I

I

1,143,000
3,950,000
1,250.000
681,000
1,074.000
707.000
2,072,000
461,000

Wben

n.f.
uate.

INTKREST.
Where Payable and by

A
A

M.
J.

PrtuolpBl—
npal— When
Due.

Whom.

f^y\,\a

N. Boston, Blackstone N. B'k. Nov., 188e.'87,'88
J. Boston, Coliuubiau Bank
July, 1*)S7

July 1, 1897
Boston, Blackstone N. B'k.
Sept. 1,1907
5 JkO m'ntlily
Boston and Portland.
1877 to '91
6
A I).
do
Junol, 1877 A '87
6
A 8,
Providence.
Sept., 1885
6
A J.
do
«an., 1893
5 A 6 g.
A J Boston, Pror. and London
Jan., 1900
A J. N. Y., N. City Bank, A I'l ov.
Jan., 1900
A J,
do
do
July 1, 1906
A J. Loudon, Morton, Rose A Co July 1, 11895
S KProvidence.
1802
"s'
M. A S
Treasury.
Sept. 1, 1880-'84
J. A J. N. Y., Metropolitan N. Bk
7
1879 to 1903
F. A A
7
New York and Rochester.
1893
Various
do
do
1878 to 1902
J. A J.
N. Y., Union Trust Co.
7
Jan. 1, 1903
do
do
1905
5 A6 Senii-an
City Treasury.
1877 to 1897
J. A J. Boston, First National Bk.
6
1878 to 1899

0A7

F A A
do
do
M. A S.
do
do
Various N. Y'., Nat. B'k Commerce.
M. A N
do
do
Various St. Joseph and New Y'ork.
J. A J. N. Y., Nat. B'k Commerce.
Various N, Y., Nat. Bank Repuldic
Various
do
do
Various
do
do
Various
Ak
do
do
6g. F. A A.
dtf
Various
6
do
do
6
Various
do
do

1878 to 189»
1878 to 1899
1880 to '89
Nov., 1889
1878 to '89
1891
1879 to '91
1879 to 1906
1879 to '86
1880 to '83
Aug., 1898
1878 to '89
1879 to '88

6g.
6g.
6g.
6g.
6g.
6g,
6g.

1891 to '94
Nov. 1,1893
May 1, 1895
July 1, 1894
Dec. 10, 1892

6
6
6<t 7
7
10 & 6
10
6
6
6

J.

A.

A
A

D. New York and St. Louis. June, 1887, to '90
April 1, 1892
O. N. Y'., Nat. B'k Commerce.

Various
M. A N.
M. A N.

A
A

J.
J.

do

New

do

Y'ork or London.

do
do

J.

D. N.

do
do

Y'.,

Nat. B'k Commerce.

Y'.,

Nat. Bk. Commerce.

8t. L4>uis

1867 to '71
1853 to '55
1867
1868
1872
1873 to '76
1875
1875

Insane Asylum
^"Viimf,.
County

Tot)
Jail

Oenei-a! pur|»o.se8, gold

Renewal, gold

Park bunds, coupon,

.gold

Couut.v bomls

Paul. J/»»>.'.— Revenue bonds
Preferred bonds
8 per cent bonds
ijike Buv>erior
Railroad.
" & Mississippi
St. Paul A: Cliicago Kailroa<1
vX.
Public Park (fonio.)
Salem. J/«j«.— City debt
City debt
Wat«;Tloan
SI.

1868

•

1877

1858
863 to '61'
(Jentrai Pacltic Railroad, coupon (gold)
1861
Western Pacific Railroad,
do
do
1865
School bonds,
do
do
1866 to '67
Jodgmeut bonds,
do
do
1867
School bonds
1870 to '72
School bonds
1874
Park luiprovetnent bonds
1872 to '75
Hospital bonds
1871 to '73
House *if Con-ection bonds
1874
City Hall construction
1875 to '76
Widening DupontSt. (Act March -1, 1870)
1876
Sacayiitah. iia. — Construction of waterworks..
1853
Improvement of Savannah River
1853
Savannah, Albany 6c Uulf Railroa<l
18.53
Funding coupons and other iiurposes
1866
Redemption of bonds
1869
do
do
1870

Bonds

(gold)..

1

1870
1872
1873

for city improveiuent.'i

Harbor, Ac, improvements
For floating Indebtedness

Portiand, .¥«.— The sinking fund March 81. 1877,
was $684,999. The city is protected by mortgages
on Allan. A St. Lawrence. Portland & Rochester and Portland & Ogdeiif^biirs Railroads.
Assessed Mi'nc of real estate in I87ii, was $18,708,500;
personal, tll,9.'il,85">. 'Tax rate, $85 i>er $1,00.
Popnlauon in 1870, 31,41.3, niainst a«.S41 in ISfin.
(V. «, |). 51«.)

Prmndrnce, S.r.-Ttie principal debt of ProvlJence
baa l)eeu created since Ift72 for water works, sewerage aul new City lUll. 'I'hi; Hoiilins debt sttlose of
nacal year .Sept. 30, I(>77. was $S.4U7.I!»fi. incliiiiiie'
above Brook bireet ncilcs umi t no.il
High Scbml
notee.

were:

j

A J.
Cg.
A J.
7
A J.
M. A S.
7
6 g. J. A D.
6g. J. A J.
6g. A. A O.
6g. M. AN.
12 & 7 M. A N.
M. A N.
7
Various
8
J. A D.
6
J. A D.
7

67.210
263,125
200,000
100,000
100,000
112.000

5&6

300.()00

6

.">0O.O00
39s,.-,00

500 &c.i
500 &e.i
500 &c.
500 Ac.
500 &c.

542,000
435,500
377,000
250,000
197,000
246,000
385.O00
200,000
475,000
210,000
150,000
750,000

6
5
6

,500

&c

500
500
500
500
500
500

&c.
&c.
&c.
&e.
.Stc.

&c.

'500

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

500
1,000
1,000

$11,000,000; rate of tax,
V. 23, p 408.)

7

7g.
g-

7g.
7

g.

6g.
6g.
6g.
g.

'-'

6g.

19s,000
64.500
937,500
368,800
117,000
349.500
534,000

7
7
7
7

-^

g.
g.
g.

V

V

400,000

g.

7
7
7
7
7

Tax
new

175;

tionby U.

'95. $?8,2,>J; 1*)0-0, $93,01.?.

S. census,

•?(>,

68,901;

I'opuU-

by SUte census,

'75,

St. Xoi/fc!.— Population by the U. S. census in 1970
3t0,86t, against 1(X),778 in 1860.
The city and
county were merged by law in 1877 and city assumea the county bonds. In the last flsCiil year

was

—ToM

Uf.
deb', »955,«!«.
Wc are
compelled to omit the details as to months when
debt matures, as the necessary lnfurm.ition conUl
not l)e obainedof the treasurer.

8L Joseph, ifo.— Popniation in t870 was 19 5€.'S
•gainst 8,$3S in 1860. Assessed valuatlcn of property!

1883 A '98
1900

1879 to 1889
Jan. 1, 1891
Apl. 1, 1883-1898
19ai
1888
1883
July 1, 1894
Mayi, 1895
April 1,1881
Oct. 1, 1887
June 1,1 882 to '90
July 1, 1894
1897 A 1904
Nov. 1, 1891
July 1, 1894
1899
1896
Feb., 1878
Nov., 1883
Dec, 1888
Feb., 1886
Nov., 1879
June, 1890
Nov., 1900
Jan. 1 1902
July 1, 1903
July
Jan.

1,
1,

Oct. 1,

rate for city purposes in old limits, $1 75; In
$0 50. (V. 25, p. 80!: V. 88, p. 890, SIW,

limits,

the resources were:
Balince April 11, 187T
Interest revenue
Municipal revenue collections

St. Pan!, iri/in.— Population in 1370 was 20.080:
in 187.5, by State census, 31.2.17. Assessed valuation
of taxable property, $2T,7.">5,928. or about one-half
of the actual value. (V. 15, p. 826.)

$89l.2?2
1.7:il.6T0
2,S!1.6i.9
I

S|)ccial collections

.322.41(1

PKxeeds of anticipation notes
i'^ocjcdj of renewiil bonds

,351.00

7*5,000

SaUm, ^fut.—The sinking fund amonn's to
$173,061, and the bonds arc v.lned at par; $1,146,
000 of debt coupon; balance registered; total,
$1.452.67^^ Population, IS ;5. 86,958. Tax valaaiion,
13.5, $2B,.°,12,272; 1877, $25,310,600.

$a,M4.4J7

San MancfciCT.— Population by the

The expendliures were
I'np-iid warrants

on hand

Balance in trea-ury April

10. 1878

The Comptroller

the following in

gives

S.

centna

1

$051,181
his

ir.

of 1870 was 149,483, against ,16,802 in 1880.
Real
estate for the fiscal year ending Jnne 30, 1873, i<
assessed at 8 'JO, 22 1, 00.1; personal property at $70.About f54,noc.(X)0 of mortgages are now
041,*10.
Sinking funds raised
omitted from assessment.
Tax rate in 1676-7 la
annually amonnt to $2li3 SOO.
against
$1
n;4
per
$100,
$2
60M in 1875-6.

$.),900.M!
April 11, 1878..
i0,»44
$.'(,359,9.10

Ro"Jclan1.

1889, '90, '96

486.)

100,800.

Boe/u."tr.— The bonds of Oenes<-e Val. RR. loan
tlM.OOO, are provided for bv net receipts from a
lease of said road to Krie H'ndway Company after
paying the interest out of said receipts. Real property «ase*8ed. $48 l»0,Ouo; personal. $8,0 » 000
Rate of tax. 1871, $8 per $1MI.

•

Kountze Brothers.
do
do
City Treasury.

re-

port to April, 1878: The liabilities appear asfoUow*:
The bonded debt a( the close ef n.«cal year (April !l,
1878), was $i5,91)ti,000; the banded debt of the lato
connty, assnmcd by the city. $6,l>59,0JO.
Other
liabilities— claim of St. ImmH Caslight Co. for gas
furnished, with Interest, JtiSo.OOO.
The sinking
fund is as fol:ows: Assets of this fund at commencement of the present llscal year. $590,095.
Tne resources available thisliscal year will bc«bouI
$110,000.
Assessed valuation of i>ropcrty in l.-i?^.

In oM limits. $159,:!.-)1.8tO; in new limits, $14,4!ft,400; total taxable valuation In city, $173,771,810.

Savannah. 0<i.— Default was made on taterestdne
Nov. 1. 1876, In consequence of yetiow fever and
'

I

!

non-collection of taxes.

The

latest prcposol

for

compromise is given in V. 2j, p. 6i5, by wnicli new
6 per cent bonds are to btf. exchanged for the face
of old bonds, and for interest up to Feb 1, 1S79, 58

|

'

'

I

per cent of ihe face vsluo in
Assessed valne of real estate,

Blmllar twnds.
$lt,ii00,000; personalty. $4,800,000; tax rate, IK per cent. Populailon in 1870, SSJSSS, against 21,812 in I860. (V.
94. p. 4'M, St3; V. S, p 41, 80, 38!, 393; V. «6, p. Itt.

'

686.)

.

July

Y'.,

A J. Boston, Merchants' Bank.
A O.
do
do
J. A J.
do
do
A J.
San Franciaco.
A O.
do
A J.
do
M. A N.
do
A. A O.
do
A. A O.
da
J. A D.
do
J A J.
do
J. A J.
do
M. A N.
do
J. A J.
do
do
J. A J.
do
F. A A. New Y'ork and Savanuali.
M. A N.
do
do
J. A D.
do
do
J. A J.
do
do
M. A N.
do
dii
J. A J.
do
do
M. A N.
do
do
do
do
J. A J.
do
J. A J.
du

mills. (V.SS, p. 135,

a.«ses^td valiiatlon» of nil pro|)crty in 1877
reuloftatn. »8.'i,-SS.8 0; pursoual. 8:3,llH5,000.

$ir';..'i5!!;

N.

a" J.

J.
J.

1879 to 1881
1879 to 1880
1, 1887
Sept. 1,1888
Juno. 1892
1893 to 189C
April 1, 1905
May 1, 1895
1878 to '90
1878 to '86

do
do
do
do
do
do
do
do
do
do
do
do
do
do
N. Y'., Koimtze Brothers,
do
do
do
do

A.

V

015,(X»0

.500,000

500 &c.

N.

7

1.000
1,000

i

J.
J.
J.

I'lie

Rateot ux, $14 50 per $1,000. The slnkuig fund
for bonds due In 1885. $4T!i,4.'J7; smkiiig funds of
1893.

499,!I27

100 Ac.
lOO *c.

do

Ban jt'niHrigci)— Bonds of 185S, coupon
Judgment bonds, coupon (gold)

300,000
1,180.000
100,000
500,000
600,000
550,000
2,300.000
500,000

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

-

CI TY

zIt

SECURITIES— MISCELLANEOUS STOCKS AND BONDS.
br slvlns Inimedlale notice of any error

S'nb'crlbera n^Ill confer a grrat favor

DESCRIPTION.

Date of

Size or

Amount

Bonds.

par

outstanding.

^'or explanations see notes on first page of tables.
Sotnertiille,

Value.

Jf««».— City deUt

City debt

Various.
Large.
Various.
Large.

do

do
do
do
Park&wat'r ($170,000 A.&O.; $155,000 J.&J.)
Water loan
Springfield, Mass.

lOOO&c.
Large.
Large.
Large.
1,000
1,000
1,000
Large.

—

City notes
City bonds
Water loan t$200,000 arc 6 i>cr cents)
Bailroad loan
Railroad notes
Toledo, <?.— Gcn'l fund and deficiency bonds, ep.
Toledo & Woodvillc Railroad, coupon
Various City purposes coupon
".

,

do
do
Water "^'orks

do
do

$65,000
461,000
165,000
115,000
140,854
200,000
325,000
320,000
177,000
223,000

I<arge.

do
do

—

300,000
75,000
544.500
453,000
42,355
594,500
90,000
1,000,000
723,300
55,000
340,000
500,000
800,000
190,000
261,800
327,400
100,000

70,'71,'76

1870
1859-'65
1859-'74

1869
1873

Short bonds, cliarf;eable on siwcial assessm'ts
Woreetler, Mass. City debt, coup, and reRist'd.
City debt, registered
(."i pieces, $100,000 each)
do
do

1,200,000

&
&

'76
'74

1874-'77
Large.
Large.

500 Ac!
500 &c.:

do
<$220,000 reg., $580,000 coupon).
do rep. ($100,000 J. &J., $90,000 A.&O.)
Sewer loan ($02,000 are J.(fe D., balance J.&J.)
Water I'u ($150,000 are J.AJ., balance J.&D.)
registered
do

Various.'

100 Ac.
500 &c.

Rate.

A.

Cfl
61a

J.

100
100
25
100
100

American ifx/)rt««—Stock
American Coal (Jfari/ftl^d)— Stock
AUaniic it Pacific Telegraph- SiocTi
Sctton Water Power
Mortgage bonds (for $2,800,000)
Canton Improvement Company— Stock
Sterling liouds (sirk.f 'd one-tlfth of land sales)

1874

1864
1872
1852
1869

do
do
2d mortgage.. ..
Cwnbtrland Coal d Iron Companu— Stock
VunUith it Dubuque Bridge— Bonds sink. fund.
Illinois it St. Louis Bridge— lat M.,coup., a.t...
2d mortgage, coupon
eterling,

d

1,600

1. 1.

1,000
1,000
1,000
1,000
1.000

Mortgage bonds (for $500,000)
Maryland CoaJ—Stock

;

I

'

j

1875

10,000,0<K)

m

100
100
100
50

—

1st mortgage bonds
Pennsylvania Anthracite Coal Stock
Ist mortgage (cast side) bonds on 1,053 acres
Ist mort. (west side) on 400 acres & 550 leased
Producers' Consolidated t'd etPWroJeum— Stock

i

1861

—

1872
1872

1,000
1,000

I

Bonds, 3d series
Bonds, 4tli series
Bonds, sterling dcbeuture, convertible
Bonds, delit'uture

i

Mortgage bonds, gold

j

'25

Southern d- Atlantic re(.— Guaranteed stcok...
Bpr'g Mountain Coal Stock, guar.7 p.cby L.V.
united States Express Stock
United States lioUing S(<k*— Stock
Wells, Fargo it Company Express Stock
Vettern Union Telegrapli^Btoci
Real estate bonds, gold, sinking fund
Bonds. coup or rcg.,conv.till May, '85, s.f.lp.c.
Sterling bonds, coup, (s. f. Ip.c. per annum)

—
—

50
100

—

SomereUle, JfoM.— Total debt, $1,771,854; sinking
fund, $45,131; tax va'naiinn, 1876, $26,573,400. Except $140,1X10 As in #1,000 pieces, ah bo::ds are in
$2,000 to $50,00) pieces.

SpringMd, Mass.—TotA debt, $2,007,786 cash
assets, $;114,4.5'<. The railroad dcbtfalls due $40,' 00
each year. No registered bonds. Tax valuation,
;

1870, $23,514,0611; ll76,$S5,109,456; 1877, $30,697,776.
Rate, l-3i. Population in 1876, 31,053.

ToUao—Tot.&\ debt, Jan., 1878. was $3,778,849. Of
this the debt payable by cpeclal assessmenU was
$723,300, and the certificates of indebtedness, 11102.
300. Taxable valuation of property, '.8:7, $19,538,r20;
tax late, $3 19 per $100.
WorceiUr, Jfa«».— Total debt, $3,484,300 -reg.,
$944,000; coup.. $1,540,210. Cash assets, $1«I.>:5I,
iucluding $44,875 40 sinking fond.
Population,
49,817 in 1875. 'I'ax valuation, 1870. 134,018,450;
1878, $4«,'223.3a7; 1877, $45,602,695; rate, 1-52.

raiSCELLANEOITS STOCKS & BONDS.
Adams Express Company.— A reference to the
and others

298,000
432,000
816,000
218,000
603,000
5,708,700
4,291,300
275,000
948,000

;

ioo
100

Preferred stock

2,500,000
5,938,200

I

£100

1875

stock.

500,000

I

100
100

Pullman Palace Cor—Stock
Bonds, 2d scries

of Dinsmore

4,400,000
10,000,000
20,000,000
5,000,000
481,500
2,000,000
1,000,000

I

in V. 19, p. 270.

American Coal.—The report tor 1876 showed gross
receipts, t'S31,3:«; net, "$25,399. (V. 22, p. 180; V.
84, p. 248.)
Atlantie <» Paeilk Tlei*^^^*.—Pools with Western Union their gross receipts on the basis of 87X
to the W.U. and I2>j per cent to A.
P. Expenses
were srranged at 13'14X per cent to A.
P. and

A

A

1,500,000
7,000,000
5,000,000
5,000,000

I

I

"ioo

.

m

100

1872
1875
1875

1,000
1,000

1,498.000
3,959,000
991,440

£100&c

6l2
Various
5»3, 6,013 Various

do
do
do
do
do

7

A.'&O.

City Trcasiuy.

6

J.

6
5
6
6

A.

8

7&8

&

&

&

5

to '84

1878 to '89
1878 to '86
June,'93&Sep.,'94

1878 to '82
1,
.Ian.

do

J.

Q.-M.

2

N. Y., Company's Office.

lifl

J.

M.

&
&

J.
S.

7

J.

&

D.

6g.
eg.

J.
J.
J.

10

1878-1879
1,1881
1893
1887 & 1905

Apl.

O. C. Treas.& Best. Mchts.' Bk.

2I3
s.

6
6

g.

2I2

7

6
6
6
6
7

&
&
M.&
M.&
J. &
J. &
J. &
F.
A. A
M. A
A. A
J. A
M. A
J. A
J. A
J. A
<Se

8
g.

7g.
7g.
10

9g10
1

do

New York,

April 1,

1878
1878
1877
1872
Nov. 12, 1872
June, 1884

N.

London.

B.

N. Y.,Co.'8 Olflce, 71 B'y.

do
do
do
do

a.
O.
N.
O.

New

Jan. i, "l904

Jan.

Y(H-k, Office.

N. Y., at ni. Cent. RR.

do
do

J.
S.
J.
J.
J.

1,

1904

1966
Jan. 2, 1877
Jan., 1885
Jan. 1, 1897
1879
Feb., 1879
Oct. 15, 1875
Nov., 1893
1900

do
do
do
do

New York and

1.
1.

July

do

J.
J.
J.

1878 to 1890
1, 1906

Sept. 10,

London, Bi-own, S. A (^
New York or London.

J.
J.

1878tol881
Dec.

June

do
OJtice.

Boston, Otflce.

&"J.

London.
do
do

July
Mar.

1,

1,

1901
1886

St. IjOiUs.

Lond.,J. S.Morgan
St. Louis.

A Co.

Q.-F.

Boston, Tieas.' Office.

A

New York.

Jan. I,"l838

May

l,'i878

....

J.

J.

Jan. 1, 1886
Jan. 31, 1870

li«
St. Louis.

3
3

Sept.,

Q.-F.

7

F.

7

J.
J.

7
6

A

N. Y.,

A

8
8
8

New York, Office.
N.Y.,FarmL. AT.
do
do
dt
do
do

A A.
Q.-F.
7g. A. AC,
7
A. A O.

J.

A
A
A

D.

4

J.

A

J.

II3

Q.-J.
M. A N.
M. A N.
M. A 8.

J.

A.

Co.

do
do
do
do
do

N. Y., Company's Office.
N.Y., West. Union Tel.
N. Y., Company's Office.
New York, Office.

J.

O.

2

1,

1881

June i, 1892
Juuc 1. 1892
1877
May 15, 1878
May 15. 1381
Feb. 15, 1387
Aug. 15, 1892
April 1.1885
Oct. 15, 1878

I)

F.

7g.
213
313

Aug.

do

N. Y., 4th National Bk.

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

2

1869

Mayl, 1878

I'ii' Broadway,

do

A.

AD

1879
Oct., 1877
10, 1878
Nov. 15, 1876

June

(f)

7

g.

6

g.

:;ro8s

i

Manposa Land <C \nning Cb.— Assessments made
tim-; to time, l\'. 23, p. 112, 329;
V. 26, p. MO.)

25, p. 358;

wis

do
do
do
do
do

Various Boston, Merchants' Bank.
Various
do
do
Various
do
do
do
J. & D.
do

p. S49,)

V.

A.

.5,6

;

34, p. 128;

1881 to 1884
1880 to 1906

Various
Various
Various
Various

V, 26, p. 420, .V,ll; V. 27, p, 17.)
Iowa Railroad La' d Cb.—This company manages
the land grants of Avl-. distinct organizations. 'The
total lani owned wa."* ."VlO.sn acres, ,>4arch 31, 1877.
Inl876-7, 84,032 scriM were soU f.ir $576,8 6, and
601 town lots for $ ,982.
The canh cd ec ions
were $772,6('5, and dividends 4y, per cent. (V. 26,

V.

July, '84, Apl.,'95
Apl., '95, July. '96

F.

bonds of the Cumbi^rland A Penn., and assumes
$135,000 Un. Mining Co. bonds. (V. 84, p 181, t26,
548; V. 26, p. 262.1
Illinois <ft St. Louh Bridge.— In hands of trustees.
Foreclosure pending .Net receipts, 1876-7, $420, 140
The railroad and tunnel were sold under the mortgage of 1878, July 1, 1878, for $150,000. (V. 25, p,

OB the shares from

Oct.'81-'4,.IiUy,'85

8

7

receipts. $1,4*5,5")^; expenses, $1,216,644; net, $228,911. Consol. mortgage
bonds are held to retire old bond-'. Guarantees also

I

Oct. 1, 1878-79
April, 1879 to '84
July 1.1880 to '84

6

H

—

al

Bank

do
do
do
do
do
do

7-3

6

W. U. (V. '2.-., p. 16, 1 15, 188, 355, 374, 433,
v. 26, p. 304, ISf-, 4«9, 54 1.)
Boston Water Pow'r C*).—Annual report in V, 24.
(V. 23, p. ISi; V. 24, p. 111. 306.)
p. 396.
Canton Imnrovemtm Co. "rbc annual lepoi;. for
year ending May 31, 1^*8, is in V. 27, p. 14. Of the
$2,500,000 mortgage $ri 0,000 is reserved to pay sterling loan. The Comp.iny owns the stock of the
Uiuon Railroad Com nny and guarantees its bonds.
(V.24, p. 613; V.2r. p. 14.)
Consolidation Coo.'. -Annual report for 1877 in V
showing

—

when Due.
Stocks— iMii Dividend.

Various
City Treasury.
1879 to 1884
Various Boston, First National B'k.
1878-1890
A. & O.
do
do
Apl. 1, '94, to 1905
A. & O.
do
Apl. 1, 1879-1893
do
Various
City Treasury.
1878 to 1881
1878 to '88
A. & O. N. Y., Imp. & Trad. N. Bk.
May, 1900
M. & N.
do
do

513,6
6
6& 7
7

591;

p. 262,

do
do
do
do
do
do

J.

Variou.s

86-85'4 to

26,

O. Boston, Nat. Security
O.
do
do

Various
Various

5,000,000

1,000

Ontario Sileer Minctig—Stocii
Pacific Mail Steamship Company— Stock
Pennsylvan ia Coal Stock

2U

3,756,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
7,620,000

1

ioo
100
100

itining Coinpauj/—Stock

Mining Company— Common

1

£200

Preferred stock

Quieksilver

498,000
500,000
400,000

j

100

2dmortgage
SR. Land Co.— Stock

Mariposa Land

1,000
1,000

1868
1871
1871
1874
1875
1873
1875

•

BR.— 1st mort.,

1,000

500 Ac.
500 Ac.
100

Ist mortgage (convertible)
1st mortgage, consolidated, convertible
Cumberland Coal and Iron— Ist mortgage

lovsa

£200

1873
1874

Consolidation Coal of j/ar^ta»«i— Stock

4tb mortgage
St. Louis Tunnel
do
do

1,000

25

Mortgage bonds, gold, sixes (for $2,500,000).
Un. RR., iBt M., end. (s. f., rents on $220,163)
do 2d M.,g.,end.,(s.f.gr'ndr'nt8 on $144,800)

.3d mortgage, coupon

12,000,000
18,000,000
1,500,000
15,000,000
4,000,000
1,740,000
1,107,500
578,000
923,000
783,000
600,000
10,250,000
387,000
363,000
137,000

&
&
&

5^

mSCEI.IiANEOrS STOCKS & BONDS.

Adam^ Express Companu— Stock

A.

5

6

dtsco-rercd In these Tabira,
Bonds Principal,

INTEREST.
When Where Payable, and by
Pay'ble
Whom.

7

XXVII

rvoL.

New York, Office.
New York, Office.

July 15, 1878
July 15, 1878
May. 1902

N. Y., Union Trust Co.
N. Y., Treasurer's Office

May, 1900
Man^h 1. 1900

London, Morton, R.& Co
Maryland l%>a/— Balance

V.

sheet, V. 24, p.

2S6;

26, p. 95.

Pariflc Mail Steamship Co.— A reference to the
pages following is necessarv to get definite information, (V. 24. p, 3-22, Sl7; V. 26, D. 817, 523,
64T, 6'i5, 653; V. 27, p. 64)
Pennsylvania Cbo^.- Liabilities at a minimum and
dividends are psid.
Pennsylvania AntAra'ite Goal. This Company's
stock and bonds admitted to N. Y. Stock Board

—

Feb., 1877,

(V. 21, p, 112,)

Pullman Palace Car Company.— The sterling
bunds of 1875, of which the whole issue authorized
is $1,000,000, are convertible into stock from April
Annual reports have l)een
1, 1878, to April 1. IbSl.
last two years in V. 23, p. 402; V.
308, (V. 26, p, 817,)
O'licksilver Mining Company.— AnnvMl report for
1«78, with balance sheet, Ac,
V. 25. p. 15. (V.
22, p, im, fl03; V, «<, p, ,507; V. 25, p IS, 358.)

published th«
2.\ p.

m

Spring Mountain Coal Company.— Thie is guaranteed 7 per year till 1885 by Lehigh Valley RR.
United States .Kiywwn,- New stock of $1,000,000
issued, (V. 2i p. 159; V. 83, p. 87.)
U. S. Rot ing Sloclk C&,—See report V. 86, p. 289.
Western Union Telegraph.— The company held,
!V), '77, $7,255,3.'» of its own stock, making the
total $41,073,410. In May, '76, purchased control of
South,
Atl. Co,, and leased It. Pools earnings :
see
P. 'el. (V, 28, p. 18S, 2-.!, 3SS, 433.
478, 593, 619; V. 2n, p. 135, 2(i«, 304, 59-2, 686.)

June

&

A A

—
RAILROAD STOCKS AND DONDB.

Jci.1 27, 1878.]

gnrnt flkTor %r Rlvlac laoiedlat* netle* •{ mnr error «leeoTere< la thee* TaklM.

aafeaerlker* will confer

DESCRIPTION.
For explanation of column headings,
on tlrst puKO of tables.

Alabama CerUroi— (Seliim

.t

4io.,

see notes

1 St

i II

tf

Merld.)— l»t mort

AutHiHehttnna—&iovlL

orl KUKi>

Albany (Sty loan (sinking fund, 1 per ct. yearly).
2d niortK'tgi'
3d iiiortKiiK<\ Hinkiiiit fund
roiiHOl. uiiirt.

(iciiar. V>.

& 11.)

coup.,

may

be teg...

Alltghanu Vallrn-tMoeM
Oonf^rnl niortpiKP (Klv. Dlv.)
to State I'li. (endorsed) 2d raort., Kast ext.
iBt mort.. Kimt'n Ext4Mi., guar, by Pa.

Bundn

KR

PimiliiikMiu'oiiie liiinds,

wltb

tntttic

Miles

Date

BiKe, or

of

of

Par

Road. Bonds

^/o.i«<?(..ftiii/A'«.— KcwIvor'sccrtlllc.orAlii.AOhott
1st iiiortKiiK"'. ix'w. (for $1 .V.SO.OOO)

Albantj

:

guarantee....

AfhiatniUi. VoHiK/siiiim it i'i/(».— 1st mortgage
'Jtl UHirtKiiKe. iiH'nme
Alfhisond .Whros^vi— Iht mortgage
AlehitoM, Tuitfkn * Saiiln *'<— Ist mort., gold
I^tid gniiit mort., KoUl, ('.!,^!<'.),18a acres unsold).

81

1871

200
201
142

1878

Value.

91,000,000

Tii|).

A

West., (leased.) l»t M., gold

Pueblo iV Ark. Valley, (leased.) 1st M., gold
Extenxiim iiiortgnge, gold
New .Me\U'n <V 8o. Piieltle, Ist mortgage, gold
AllanUiil CharloHe.—Hevr pret. mort
Blortgage Isinds
AIUxnln<l n'enl I'oinl—Stocil
,
A'/iiii/.rrf Orfiil lteiif«>'n— Stock (total $40,000,000)

Prrt.rml stoi'k
Olil tet mortgage bonds, Ohio Division
Ist general mortgage ($1 H.000.000)
2d
(ijillJ.OOO.OOO)
do
do
3d
do
do
(*'J!),000,00<))
l«aeed lines rental gold bonds (CI. & M.)
do
do
(P. P., P. V. and 8. & A.)
Western Kxtension ccrtlfleates (CI., Col., Gin. & I.)
do
do
bonds
do
Allantied On//—Common stock
Quaranteed stock
ConsolUlHted 1st itiortgHge
8av. AlliHiiy A (iiilf Kit. mortgage Iwnds

Soutbern (jcorgia

&

142
142
142
142
202
132

no

110
202
62 Hi
62 >s
140
470

335,000
8,500,000

100
1863
1865
1865
1869
1876

1,000
1,000
1,000

500

1,000,000
933,000
2,000,000
253,000
1,595,000
2,166,500
4,000,000
3.200,000
10.000,000
6.220,400
1.500,000
400,000
1.125,000
7.041,000
3.306.000
3,349,000
466,411
480,500
439,000
412,000
650,000
1.779,000
750,000

.

.Sec.

1,000

50
1866
1870
1871
1874
1871
1874
1878
1869
1870

1,000
1,000

100 &c.
1,000
1,000

100
500

<te
&c,

,500 &0,

do

do
do
Ist
do
do
do
do
2d
Sootb Side— 1st pref. consol. M., guar. Petersburg
do
2d
do
do
do
do
3d
do
do
do
Virginia & Tenuessee— Enlarged mortgage
do
do
4th mortgage
do
do
RcKistered eertifleates...
do
do
Interest funding bonds...
AU^tUtr t£ St. /vaicrf>*c«^Stock, currency

460
460
460

428
428
81
81
81
133

133
133
214
214

1.50

150

do

Washington branch
Loan, 1850
Loan 1 8 5.S
do 1870 sterling, *800,000,

1.50
1.50

53
51
51

sink,

default since Jannary, 1872.
Ne^tiatlons pending for a new adjnstroent, and a
piece of new road now building. (V. «;, p. 40.)

± Ortal.

Saudurn. —This

V.

le

reorysnized after sale.

inned as

statel in V. 27, p. «7.
26, p. IT, 8S. 84, S64.)

the

Alabama

New bonds

(V. 25, p.

—

1867

100
500 die

1868
1869
1871
1871
1857
1857
1868
1866
1866
1866
1854
1865

200 &c.

100 &e.
100

«100
1,000

£100
*100
*100
100
100 *c,

40,

186;

Albany tt Sw*/u4han7Ui. This road was leased for
180 years from 1S70 to Delaware
Had.<on Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change in terms made In 16T6. Consol.
mortgage Is for t;l(i,(K)0,(i n. of which $.3,460,000 Is
to retire old lioiids. and balance for a part of old
tOGk and to lessee for improvements, which up to
April, 1876, were $1,978,672. (V. 2Z, p. 399, 495; V.
n,V- 301,427: V. 25, p. ei.t.)

A

AUe^/iamj rci^v— This road was embarrassed In
and comimimitied with creditors. Net earnings in 1877, $1,141,!>71. of Income bonds, $2,351,400 are held by individuals, and pay interest In cash;
$3,^,9,000 held by railroad! draw interest In bonds.
Abstract of operations in 1875. 1876 and 1877 In
annual reports, V. 22, p. S.iS; V. 24, p. 4t»S, and
V. 26, p. 493.

'

1872
1874
1875

M.

6
g.

7

?«•
7

7g.
7g.
12
7

7g.
7g.

J.

7

A.
J.
J.

7

1,000

M.
M.

l^l^-

J.
J.
J.

V-

6

J.

8
8
8

J.
J.
J.

4,59»,578
1,650,000
1.710,000
3,146,956
3.041,570
2.074.000
K.S!>7,352

9,346,500
880,000

F.

—

AUhiMn, Topeka

<t

Santa .^s.—Capital stock.

U

1885
May, 1881
Oct.,

Aprifl, 1906

do

March 1. 1896
$100,000 y'rly
Oct., 1901
1894
PlUslmrgh.
1901
N. Y., Wlnslow, L. A Co.
1904
Penn.
Pittsburgh,
Co.
Mar. 1, 1909
Boston, at Olllce.
1899
July,
N. Y., G. Opdyke A Co,
Oct. 1, 1900
Boston.
1003
do
1879 A "82
do
N. V.,WinBlow.

I,.

&f;o.

Harrisburg, Treasury.

Phlladeliihla or I/undon

Boston.

1908

O.

New York, omoo.

J.
J.

do

April 1, 1897
Jan. 1, 1907
Feb. 1, 1878

July
July

1902
1905
1905
1,
1,

Atlanta, Ga., atTreas'y.

Wat Point.— Gt-^af>
2:j.

p.

Oct. 1, 1876
Jan., 1902
Sept.,

1902

Nov.. 1902
Jan., 1902
Jan., 1903

July

1,

1876

earnings.

1876-7.

308; V.

'»,

p.

July, 1897

do

do

do
do

Nov.

May

N. Y., First Nat. Bank.

N. T., Perkins, L.

do
do
do
do
do
do
do
Lynchburg

A

do
do
do
do
do
do
do
Oflloe.

J.
.1.

N
J.

O.

J
O.

a
J
J.

8
N.
J.

Oct.

1,

1901

P. Jan. 1, 1877
Jan. 1, 1877
July 1, 1893
Jan. 1, '84-'90
Jan. 1, '84-'90
Jan. 1, '86-'90

1884
1900
1875
1880
Feb., 1878
Mch. 15, 1878
May 2, 1886
Oct. 1. 1884
Oct. 1. 1891
Nov. 1, 1878
June, 1878
July 1, 1881
July 1, 1884
May 15, 1878
Jan. 1, 1878
June 24. 1878
1880
1885
1895
1890

July
Moh.
Jan.
P. July

Y., Perkins, L. A
A.
Portland
8 London, Or. Trunk Rw.
N.
Portland
O London, Or. Tnink Rw.
N.
do
do
N.
do
do

D

1879
1, 1888
1, 1889

1,
1,
1,
1,

Savannah.
A M. Bank
do
do
Baltimore ORlee,
Bait., Merchants' Bank.
Baltimore OlHce.
Bait., Merchants' Bank
Baltimore Oftice.
London.
Baltimore OHIc«.
London, Naylor A Co. Jan. 1, '80*31
Mch. 1. 1902
London.
1910
London, Speyer Bros.
1879-1900
Baltimore.
Phlla.,Farm.

469;

.

AUantie Jk St. Lawrencf.—lettBeA for 999 years,
from July. 1858, to Grand Trunk Railway of
Canada. Annual rent, 6 per cent on bonds and

A

In
$3,97.1.278:
net Inrome
1877,
rentals, Ac, $164,'7Q.
(V •&, p. 16, 334,
&91, 640; V. -.6, p. 66, 95, 814, 444.)

Savannah.
N. Y., Perkins, L. A Post

Atlantic. Misttsalppi db OAio.-Gross earnlnga
year ending June 90, 1S77. $l,802.'28l: expenses,
$1,331,412: net earnings, *470,m For year endhig
June 30, 1878 (Mar and .luoe partly esilmatodi,
gross earnings, fl,t8S.031; net, $72J,0II: construction, Ac. $:«)0,4(8; bala ce, $I2S,5«3. The divisional bonds matured and maturing np to July, 1880,
have been extended for ten years by order of the
Court, and new sheets of coupons are Issu-d to the
holders. Interest on the divisional bonds Is paid.
K final decree of sale under the consolidated
mortgage is expected in October, 18:8. A scheme
of re-organization approved by the consolidated
mortgage bondholders (mostly In London) will
probably be carried out. (V. 25, p. JtOl, 5.«; V. 28,
p. 141, s42. 444, 522; V. 2
p. 40, 67.)

There are $83,000

net earuings, $1C«.!UI'.

A O. New York and London,
A J.
do
do
A 8.
da
do
AN.
do
do
A J.
do
do
A J. London, Co.'s Office,
A J.
do
do

were sold at anction at 5)i(a6V. (V. 22, p.
V. J4, p. 39, 181, 203, 36s: V. 25, p. 57, 407.)

A

earnings

$8,615,000. Net earnings, 1877, $1,219,601: see annual
report, V. 26, p. 468. Interest
paid on $976,000
of the 2d consol. mortgage bonds, but on the balance

A
A
A

A
g. M. A
6
M. A
6g. A. A
6g. M. A
6 g. M. A
31a J. A
6
J. A
7
J. A
4 a. M. A
3
J. A
25
A. A
6
J. A
6
A. A
6
M. A
6g. J. A
J. A
M. A
M. A
J. A
3
3

579,500

(V.

do

do
do

J.

Attanta it C'ar'otU. Tlie Atlanta
Richmond
.\lr-Line was sold in foreclosure December, 1876.
(V. 23, p. 878, 575; V. 24, p. 180, 20:1, 369.)
<t

"iofta

1878

J

7
7
7

A

Atlanta

<Sc

1,

July, 1888
Nov., 1895

A Hud.Can.Co

do
do
do
do

"1,

JiUy

do
do
do
do
do

A J,
M. AN.
M. A N
7'g. A. A O.
"»
J. A
7
J. A
8
J. A
8
J. A
6
J. A
6
J. A
7

issue coupons were funded to Oct. 1376,
and were then imid, half in cash and half in ten-year
scrip. Coupons of IST7, on no'cs of 1882, paid half
In cash and half In scrip due 18H2.
The extension
of leased lines and new roads building in IS78 are
refined to in V. 27 p. 1-V '1 he K C. T.
W. is
leased at .1) per cent of gros" earnings, rising to SI
per cent In 1880 and thereafter. (V; 25, p. 380; V.
26, p. 3lj7. 468, 469, 522, 674; V. 27, p. 15, 40.)

bonds outstanding.
13T.)

N.Y.,Del.

"sig

of that

HILLM;

& J
& N

Jan.

7

1.1,144,200

£200
£100
£200

A.
J.

187T.

A<*rOfia.— Gross earnings, 1876,
$410,225: net, $47,147: unpaid coupons to ,Un., 1877,
11,060,000.
Plan of re-orgaDlzstion, V. 25, p. 510,
by which $1,125,000 bonds and $3,387,000 stock
were given for old bonds and overdue coupons.
(V. 22, p. 399: V. U. p. 44a; V. 25, p. 510.)

June, 1901

A

g.

7«-

Athtalmta, Yoitngitoan A PUlt.—lt Is leased and
operated by Pennsylvania Co. at cost. Net earnings
?ald to lessor, but lessee snaranteed Interest on
at mortgage to Jan. 1, 1877.
Defaulted October.
it

T. Co
J. N.V., Farmers" li
J. N. Y., B'k of Coiiimerce.

& O,
&N
A. A O.
J. & J.
Jan'ary
A. A O.
A. & O.
A. & O.
J. & J
M. & S.
J. A J
A. & O
A. & O.
J. & J.
J. & J.
M. & N,
J. & 3.
J. & J.

f'so
7 or

Atlantic
Oreat IVMttm.— 1'his road was leased
to the Krie for 99 years from May 1, 1S74, bat
the
lease
was contested.
Shortly after (in
July, 1874) default was made on Its bonds. Proceedings looking to re-organiz ition are In progress,
and a consldcraiile amount of securities has been
deposited bv holders with the London Committee.
There has been iiniration as to postponing the payment of the old Ohio Dlvisimi bonds. In Jan.,
1878, £4 per bond was paid on the coupons of Jan.,
18Tii, of the leased line rental bonds of 1872.
Gross

CV. 25, p. 431; V. J«, p. 141, 496.)

J.

^k
Sc

M.

1874.

AtcK'uon

&

A.

7

4,000,000
306,000
157,000
458,000
684,000
621,000
452,500
990,000
969,000
84,190
226,900
28,600
4,970,680
787,000
1..500,000
713,000
484,000
,022,900
1
336,900
100,000

1,000
1,000
2(X)&c.

100
100
100

.1.

7

.^.470,000

500 &c.
500 &c

1874-5

411
421

7
6
7

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
782,976
1 ,666,000
300,000
464,000
200,000
0.921,900

1,000
1,000
Var'us Various

1861
1864

J.

•

1868
1864
1871
1853

.1.

11,876,250

1860
1853
1870
1855

fund

Alabama Cmtmt.— In

Alabama

500

"36

Baltimore loan, 1855-'90, sink, fund
Debentures, sterling
Sterlintf mortgage, sinking fund
Bterliue mortgage, sinking fund
Purchase of Connellsv. RR (payable$40,000y'lyl

A Cha tanooga

1,000
1,000

595

,

,

500 Ac.
500 &c.
500 &o,

ioio

1869

Portland city lionds. Ist mort., sinking fund
sterling, 5-20 years

do

1871
1871
1871
1872
1873
1873

428*

Stock, sterling

Sterling bonds, not mortgages
Augiisia it .Snrniina/i— Stock
Bom Eugle yallr.i/—\st mort., s. f.($5,000 per yean
2d morttrage (*5.000 |>er year)
BMIimore it Ohiit—Stuvk
Preferretl stock

100

350

150
150

2d mortgage,
3d
do

J.

"e'g.

1,600
1,000 l.l.OOap. m.
1,000
.500,000
1,000
4. 2.50,000
100
1 ,232,200
100 24,795,298

87
567
567

58

AUantie, Hits, rf O* io— Stock, (com'n, pref. & guar.)
Ist mort. consolidated, gold (for $lS,000,000)....
2d mort. to the State (no Interest till 1880)
Norfolk & Petersburg— Ist mortgage

1,000
1,000

265^

58

mortgage
2d mortgage

do

27 »g 1872
«5 1875
148
57 187H
1878
265 ifi 1877

286

Plorida, 1st

8

Hlnekt-ljutl
Dividend.

(1)

1,060

Consol. Iiomls, goUl

Kau(>. Cilv

/If>n/ff— Prlnolpul, When Dae.

per
Outstanding Rate
Cent.

Not<>»

Laud liieome bonds
Pott u« at tomie bonds (r^inttngent)
Wlohita \ Southwent. (leased) 1st M., gold. guar..

INTKRK8T OB DIVIDEKDe.
When When Payable, and by
Payable
Whom.

Amount

stock.

Augwta

<*

SiieannaA.— Leased to Central of Georannum ; has surplus fund 0/

gia for $78,000 per

about $50,000.

Said Eagle Valley.— U-^rvi to Pennsylvania Railroad at 40 per cent of cross receipts. In 11*77 gross
earnings were »136.962. The Pennsylvania Railroad
holds Sil the 2d mortgagn bonds.

over

Baltimore * OAio.— Annual report for 1876-7 in
V. 23, p. 509. The gross earnings of the "Main
flnancial condition of B. A 0.
Co. for four years were as follows
Stock
iNet
Gross
Debt.
Bamlngs.
Barnlngs.
$S,e61.HB
$8,262,04^
1876-7
.

&10,

Stem," Ac, and

Atlantic <t Oulf.—T\\e Company also has $.^34,000
of old sectional mort. b'ds olilslandinK; $.'>(M.0On 10
per cent coupon notes: $45,000 -lunctlon Uraurh RK.
bonds, and $51,500 Bainbridge Kxt. bonds. Interest oil sectional mortgages, prior liens to the
coosolidattid, is paid by receivers, and on cousoildated bonds 8 mos. in arrears. In New York, July,
'77, $l,aao,0OO2d mortgage boajs, held as collateral,

ud

.

1S7V6
i
'

|

1874-5
1873-4
187»-8

9,»»»,a61
10,'iM,178
11,693,955
1«,«52,844

4.215,964
4,332,106
5,018.060
4,934,796

47,311,000

«7,ni.ooo
49,876,000
18, 967,00

—
;

..

RAILROAD STOCKS AND BONDS.

xri

Miles

For explanation of column headings,
on fli'st page of tables.
Baltimore

<t

Ohio

—

( Continuetl

Bonds to State of Maryland
Baltimore dS Potomac— 1st M (tunnel)

203

Ist mort., gold, tax free, ponp.,

gold,

s. 1.

1

8. f.

1 p. c.

per cent

Belvidere Del.— lat mort. due 1877, extended, guai-.

2d mortgage bcmds of 1854 (guar, by C. & A.)
do )
do
3d mortgage bonds of 1857
Consol. mortg.'ige of 1876
(

$8,000,000
140,000
366,370
i',6oo
1,500,000
98
1,000
3,000,000
98
1,000
1,133,000
56
1,000
1,100,000
61
1.000
1,000,000
67
500
499,500
500
745,000
84
1,000
1,200,000
21
100
600,000
321
100 20,129,282
1871-2
1,000
5.000,000
1.000
1875
2,000,000
100 &c.
400,000
38^
151
3,047,700
29 1854
1,000
400,(X)0
43 69-'70 1,000
799,600
528,000
1876
1.000
870,000
.61-'74 500 &c
571,500
100
166
800,000
100
1 ,000,000
202,000
1858 100 c&C
160 1873 1 00 &c
1 ,478,000
82
500
3,250,000
,
200,000
1872
999,500
1875
500,000
1876
425,000

Dollar loan
Tx)anof 1875, coupon or registered
Boston, Barre <£- Garitner.—lsi mortgage
Bost.,CUn.iC FUchh.d: .V.jB.— Stock ($1,750,000 iiref.)

Branch

Bonds
Equipment notes
N. Bedford Railroad bond.s ($400,000 arc 78)
Boston, Ootuoril <£ Montreal— PyeteireA stock
Com. stock (forold dividends* new stock)
Sinking fund bonds ($654,000)

ConsoUdated mortgage bonds (for$i!,000,000)..

..

Boston i.owe(i—Stock
Mystic wharf purchase bonds
<£•

Bonds
Bonds
New bonds
Boston it Jfdtite—Stock
Bonds, coupon and registered
Boston <t Xcto York A ir-Line— 1st mortgage
Boston
i'/ODt'rfeHce— Stock
Bonds to purchase l)ranches, coupon or registered
Ten year notes for $800,000
Buy.,Brorf.<ePi(te.— Gcn.M.,(iucl. 10,000 ac. I'd)....
Buffalo. New York d- £rie—Stock
if:

New

mortgage
Buffalo, N. I. <i Philadelphia— 1st mort., gold
2d mortgage (for $1 ,000,000)
Burlington, C. Rapids Xorlhern—1 st mortgage
BuW.cejUo.Ktc— l8tM.onr'd&400.000ac'sl'dl Cp.
Income b'ds, con v. C. B. & CJ. sfk (4th ser.) may
iBt tnortgage, couv. do. on br'ch (5th ser.) f be
<(:

. .

204
52
66

—
—
—

Cairo <t Vincennes 1 st mortgage, gold
Caip'ornia Pacijic l8t mortgage, gold
2a mortgage, endorsed by Central Pacitlc
3d moit., guar, by C. P. ($1,000,000 arc 3 p. c.)
Camden <t Atlantic—BtoiA ($838,150 of it pref.)
Ist mortgage (extended 20 years in 1873)

.

—

Bkrlint/ton Co. 1st mortgage
Can. Soulh.-Hevc mort., int. guar.(for $14,000,000)
Carolina Central 1st mortgage, gold, coupon
Income bonds, coujiou
Catawissa Common stock
New preferred stock
Old preferred stock
Ist mortgage bonds
rf-

—

—

',

Chattel mortgage bonds
New mortgage
Cayuga <t Susmiehanna —Stock
Cedar Falls <f J/iiiK.— Bonds on 1st div. sink. fund.
Bonds on 2d division, sinking f imd
Cedar Rapids tt Missouri — Common stock
Preferred stock, 7 per cent
Ist' mortgage

do
do

100
1873

187:)-4

.

(V. 23, p.

..

471

;

V.

2,391,764
2,S16i,147

a,4U,916

V.

24, p. 204;

p. 166.)

100

1876
1871
1873
1876
1863
1869
1869
1870
1869
1873
1878
1872
1878
1870
1871
1871
1869
1871
1875

'40
191
ioi

49
71
181

144
156
139
139
139
67
60
60

25, p.

430;

V.

26,

8

6&7
3
6'

'

6&7
7
7

6

00 '&c.
50 &c.
500 &C.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
1

242
92

ibo

1872

14
61
274

1864
1866

70

1861
1863
1866

51 «;

i,6do

,034.000

1,800,000
2,500,000
3,500,000
2,250,000
1 ,600,000
3,000,000

I'.OOO

1,000
1,000

500
50

1,2]5,.550

490,000
497,000
350,000

1,000
1,000

500 &c.
1,000
1.000
1,000

(i)

3,000,000
3,000,000

50

1,159,.500

50

1 ,000,000
2,200,000
230,500

1,000
1,000
1,000

209,8.50
1

26. p.

,300,000

100
500 &c.

589,110
198,000

.500 &c.

1,.334,000

100
100
500 Ac,
500 &e.
500 &c.

6,850,400
769,600
700,000
582,000
2,332,000

in 1865, .and $350,000

V.

g:

,5

7

'

due

in 1875.

8
8
8

8

31s

7

1870-7, $(160,964
(V. 22. p. 280; V. 2-^, p.

SCO; V. 25. p. 531.)
Boxlon <t ,2f. Y. Air Zine.— Formerly N. Haven
Jliddletown & Wil. Road cost abont $6,000,00.1,
represented now by $3,000,000 preferred stock and
$1,000,000 common. Gross earnings 1817-8, $265,925;
net, $17,482. (V.22.p.567; Y.24,p.589; V.-.6,p598.)
Boston. <k Providence.—The bunds and al.-o $794,000
notes have been issued for purchase of branch
roads. In November, 1877, $.800,OJO ten-vear notes
were authorized, to take up others falling due. (V.
547: V. 25. p. 531.)
Buffalo, Bradford
PitUburgh—VixAex perpetual
lease to Eiie at $40,600 pi r year.

23. p.

*

Buffalo, Neu! York c6 JE'ric.— Leased to Erie in
18«;i, for 490 years, at7pcrcent on stock and interest
and sinkingfund on bonds. (V. 23, p. 646; V. 24, p.
^46; V. 25. p. IB.)
is the
Buffalo, New
tfc Philadelphia.— TMn
connecting line of the Phihidelphia
Erie with
Buffalo. (V. 26, D 574.)

&

Northern.— The stock
is for $10,001,(00,
f which $5,.500,000 has been
issued. This company guarantees $150,000 Minneapolis & St. L. Rlt. bonds. (V. 24, p. .518; V. 25, i>,
Burllwjion Cedar Rapids

16

(

260,

.MO.)
Jk

do
do

June

Philadelphia.

May
May

15,

Feb.

1,

D.

1896

1,

M.'& N.
M. & N.
F.
F.
F.

&

do
do

A.
A.
A.

15.

1878
1878
1882

1888 to '89
Philadelphia.
&
Feb. 1, 1900
&
do
York,
South
St.
July
2, 1878
J. & J. New
44
A. & O. N. Y.,J. S. Kennedy & Co April 30, 1884
7
do
Jan.
2, 1907
do
7
J. & J.
May 1. 1878
Q.— F.
Boston, Ti'casurer.
1
Feb.
1. 1878
do
do
2% F. & A.
F. & A. N. Y., Nat'l Park Bauk. Aug. I, 1891
7
F. & A.
do
Aug. 1, 1894
do
7
May, 1916
M. & N.
do
do
7
8s maturing in 1894. Omaha & 8. W. is leased. The
(V. 24,

Maine.— "Set income,

Ymk

<fe

.1.

546.)

against $846,653 in 1875-6.

J.
J.

.1.

Zojoe^/.— Operated with the Nashua &
Lowell, which receives 31 per cent.
There are
$407,000notes outstanding. (V. 23, p. SOU; V. 25,
p. 16; V. 26, p. 39.)
<ft

•Si

JiUy 1, 1918
& J.
do
M.& N. Boston, Co's Office.
May 1. 1895
8
Oct. 2, 1901
7
A. & O.
Oct., 1909
7 g. A. & O. New York and London.
Jan. 1, 1889
Park
Bank,
J.
&
J.
Y.,
Nat'l
7g.
N.
1891
do
J. &
do
July, 1905
&§
& J.
New York.
Jan. 15. 1877
2
Camden, Co.'s Office.
Q.-J.
Jan., 1893
& J. Phila., Farm. & M. B'k,
?« J.
A. & O.
Oct., 1879
do
do
1897
6
F. & A,
Phila. and Mt. Holly.
Jan 1, 1908
3
J. & J, N. Y„ Union Trust Co.
July
1, 1923
Broad
J.
&
J.
Offlce,
4
st
6 g.
N. Y.
April 1, 1914
A. & O.
do
do
7
(>

.B{W/OTij(6

Boston

,

.T

(i)

1

853,000

'

7
6

10

5,715,000
600,000

1.000

ioo
65

312

2S9,.500

279,000
370,500

& D. Lon., J. S. Morgan & Co. June 1, 1927
1885
& J. Bait., Mech's Nat. Bank
July 1, 1888
& J.
Baltimore.
& J. Baltimore or London. July 1, 1911
April 1, 1911
A. & O.
do
do
Jan. 1, 1915
J. & J.
Baltimore.
Oct. 1, 1896
A. & O.
N. Y., Russell Siige.
1902
J. & D.
Philadelphia.
1885
M. & 8.
do
1887
F. & A.
do
1, 1916
Jan.
&
J.
Treasurer,
J.
Trenton,N.J.
Q.-J. Boston, Kiaaer, P. & Co July 1, 1878
1878
15,
May
M. & N.
Boston Othce.
Feb. 1, 1892
F. & A.
do
1895
July
1,
&
J.
do
J.
1893
A. & O. Worcester, City Nat. Bk. April
M. & N
Boston Offlce.
J. & J. Boston, Boston N. Bank July 1, 1884
1889 & '90
J. & J.
do
do
June 1, 1896
do
do
J. & D,
'83, '85
81,'82,
A. & O,
do
do
J. &
Bo.stou, Suffolk N. Bank July, 1881& 94
1878
13,
May
M. & N.
Bostou Oftice.
1889
Bostou Offlce.
J. &
1893
A. &
do
do
July 1, 1878
J. &
Boston, at Offlce.
Oct. 1, 1879
A. &
do
do
April 1, 1892
A. &
do
do
JIarch 1, 1895
M. &
do
do
Jidy 1, 1896
&
dA
do
M. &
May 15, 1878
Boston, at Offlce.
J. &
do
Jan., 18.93 & 94
do
Aug. 1, 1895
F. &
New York.
M.&
May 15, 1878
Bostop, at Oflicc.
July 1, 1893
J. &
do
do
J. & J.
New Y(uk, Erie RR. Jan. 1. 1896
Dec. 1, 1877
J. & D
N. Y., Erie Railway.
June 1, 1916
J. & D
do
do
J N. Y., Farm. L. & T. Co. Jidy 1, 1898
July 1. 1893
J
do
do
&T>.
Sept. 1, 1906
New York.
& O. Boston and New York. Oct. 1. 1893
April 1, 1879
it O
do
do
July 1, 1894
& J
do
(lo
July 1, 1889
& J
do
do
July 1, 1894
& J
Boston Office.
& J
Jan. 1. 1883
do
J.
J.
J.
J.

Missouri River.— An agreement of
Boston Fnrre <t Gardner.— Income in IS76-77 consolidation and a perpetual lease
to CRicngo, Bar.
showed a deficit of $44,420 under ijilerett charge.
ifc Qnincy, was made in Oct., 1S72.
In August, 1875,
Bost. Clinton. FitcM) <!tN.Bedfd. -This was a con- stock of Chic. Burl. & Q. was issued in place of
solidation in May, 18."6. of the B. C.& P. and the N. stock of this C). and for convertible bond-. Annual
Bcdf. roads.
yl, 1878, there were $719,792 flotes report V. 20, p. 335. (V. 20, p. 139; V. 82, p. 87.)
outotanding. (V. n, p. 6*1 V. 24, p. 1 34, 518.)
Burlington <Sb iTtssouri in Nebraska.— Thv stock is
.'Boston, Concord & Mordreat.—Oroas earnings for $*',.'>83,76fl, and a dividend of 2 per cent was mude
,e year ending with March, 187S, were $654,872
August 1, 1878.
His a valuable land grant. A
t earnings, $301,100.
There are also $76,000 old proposal is made to issue new 6 per cent bonds for
;

Dividend.

.1.

"i'

2.380,000
2,582,000
905,500
6,500,000
4,638,250

1,000
500 &c.

1853
1855
1867
1878
1873
1874

31
291
242

Burlington

M

Stocks— hast

1

6
7
7

580,000
950,000

1,000

bonds due

$2S,870.5C!I
27,129,282
26,478,882
25,42*2,100

6

(1)

26
142
140
121
121
367
281

p.

$2,l(ifi,S44

4
7

7
7
3
7

The

$6,179,610
7,074,758
7,684,139
8,963,128

1%

3

in

18r6-7
1675-6
1874-5

8
6
6
6
7

(i.921,274

58

Baltimore cfe Potom/i^.—This is the line of the
Penn. Railroad from Baltimore to Washington. 'The
bonds are guaranteed by Penn. RR. and Northern
Cent. Net earnings, \»Tt, tlU,7f8 (V. 'ii, p. 588;
V. 24, p. St'S; V. 26, p. 598.)
Sellevilte & Southern Illinois.— 'Lc&seA and operated
by St. L. Alt. & T. H. Co. on a percentage of gross
earnings. (V. 24, p. 29T; V. 26, p. 417.)
Belvidere Delaware.— fHoc\i is $995,160. Leased to
"United Co.'s of N. J., and lease assigned to Penn, RR.
Net earnings go to lessor. In 1877 net earnings of B.
D. were SliJ,56S. Floating debt, $111,702.
Berkshlre.—Leaseft to Honsatonic, at 7 per. cent
per year on stock, but IJi per cent is usually applied
for taxep, &c.
Boston * Albany.— .\s this is the principal Western trnnk line from New England, its yearly reports
show the coarse of business on that class of railroads. In past four years the following has been
Gross
its exhibit:
Net
Total Stock
Earnings.
Earnings.
and Debt.

6

3.500,000
500.000
4,000,000
500,000

146

gross earnings of the main and all leased lines
re76-17 were $13, as,860. and net earnings,
S4,9S3,805, including earnings of Pittsburgh Division.
Div. of 25 per cent on Wasli. Branclx stock in June,
1878.
(V S5, p. (>2. 107, 60 9, 532; V. 86, p. 8^9,
367, 599; V. 27, p. 67.)

6g.
6g.

100

I

"1

l>

1873-4 500 &c
1,000
1875

&

Cou-ceitible bonds, C. B.
Q. st'k (6th ser.) J veg.
Burl. <£• Jlfo. in JVc6.— 1st M.,conT., laud gr..
^„„_
Bonds, convertible till J.in.,1882
I mnv
Consolidated miutgage
f ,"'?i
""^^SOmaha&S. W., 1st mortgage, guar
J
Republic.au Valley Railroad, Ist mortgage
Burl, it Southwest.— 1st mort., cp., may no reg
Cairo tt St. Louis 1st mortgage

5

6

.$....

1878
1871
1871
1875
1866
1877
1854
1857
1876

'

Berkshire—Stoos.
Boston <£• j;6tt/ii^Stock

2d mortgage

Amount
per When Where Payable and by
Outstanding Rate
Pay'ble
Cent.
Whom.

£200

1877
18.55

2d moi-tgage, income, main lino and tunnel, reg..
BeUeviUeit SotM. /i/.— 1st M.,sink'g fund, guar

Camden

Size or

)—

Loan., ster., (s. f. *7,500) lien on Cliic. line bonds.
NA'tliwestcrn Virginia, 3d mortgage, 1855-85 ...

Ist mortgage, Agricultiu'al
Mortgage bonds 18(10-70

Date

of
of
par
Road. Bonds Value.

&c., see notes

XXVII

any error discovered In tUese Tables.
i!ond«— PriDCl
INTEREST OR DIVIDENDS.
pal. When Due.

Sabscrlbers will coaler a sreat favor by eivlng liumedlate notice of

DESCRIPTION.

[Vol.

Republican Vailey road is leased and interest paid
its bonds, which are changeable for B. & M.
consolidated bonds on any coupon day after July 1,
1879.
(V. 26, p. 192, 494, 48, 598; V. 27. p. 15, 67.1
BurHngto.h A Southwestern.- 'DetdM\ted.tio^ ., 1873.

on

'

Foreclosure in progress. (V. 81, p. 159, 441.)
Cairo i4 St. £o«i*.— Defaulted in 1873 by fadurc
Receiver apto receive town and county bonds.
pointed Decemoer, 1877. Deficit in earnings 1876-7,
$30,116. (V. •«. p. 358; V. 25, p. 511, 569.)
Calm <fc l'tflccnn<"«.— Defaulted in 1874. tn hands
of receiver.
Deficit in earnings 18:6-7, $11,747.
(V. 22, p. 446.)
California Pacific. - Gross earn 'gs, '76-7. $1,336,632;
net. $44-',086. Extension bonds of $3,500,000 and incomes of $1,000,000 were in default, and the new
bonds of 1875, guaranteed by Cent. Pacific, were
issued in place thereof. (V. 23, p. 62; V. '24, p. 874,
4*8.(05.)
Camden <i Atlantic— dross earnings, 1K77. J477,DiviInterest, &c., $92,'£!79.
483; net, $177,041.

dend,

*2

per cent.
United
Ji Bu'linglon Co.— Leased t'l
at 6 per cent on $382,000 stock.

Camden,
Companies,

Canada Southern.— These bond" liave interest
guaranteed for 20 years by New York Central, at
3 per cent for 3 years and 5 per cent for 2? years,
but no guarantee of jirincip.l. iV. 24, p. 542; V.
35, p. 283, :108, 375; V. 26, p. : 67, 391, 574.)
Carolina tyenlrat. -lirceiver appointed Peoember,
1876. Passed interest January, 1876. (V. '<:! p. 62'3.)

& Read.. Oct.. 187'2,
stock dividend to be 7 [XT cent
(V. 20. p. :3S1.)
in 1875-6 and afterwa d.
Cayuga <fe Susguehanna.-Lefised in perpetuity to
Del. Lack. & West. Dividends, 9 per year.
Coto;('!»\ii.— Leased to Phila.

New

preferred

Cedar Falls

<t .l/»»n«»'>/rt.— Leased to Duli,

&

Sioux

and sublet to 111. C. at $1,500 per mile yearly,
and a per cent of all earnings over $.S,.500 per mile.
City,

Cedar Rapids it Missouri.— headed to C:iiicago &
Northwestern at ^700 of first $1,500 gross earnings
iwr mile; one-third of the next $3,00(5 per mile, and
one-fifth of all above that. (V. 2!', p. 162.)

—

—

..

July

RAILROAD STOCKS AND BONDS.

27, 1878.]

ZTii

Sabaerlbera will eonftr a xreat favor by gtrtatc Immediate notlee of any error dleeovered In Itaoee Tables.

DK8CRIITION.
For expluiatlon of nolumn lipiuliiiKOi
oil ArHt pago "' tikbluo.
Central R. R.

a nnnk.

&<>,,

bco not6«

2<l iii<iitV'iip\ Kolri. if-l.ttOO

Sew

Date

SIxe, or

of

par

Roufl.

BoDdR

708
020

aa.—Stooli

Ocnoriil inort. "tiiiuirtltc" b<U ($5,000,000) coup.
Miu'oii Jk WpHt**rii bondH
Ctnlrnl of /omi— I hI iiiortKUX« Kold, coupon

Central a/

Miles
of

202
202

per niUe

Jerae i/Slook

71

(r.mvi-rtllilo

Nov., ia7"> to 1877)

OT

Condolidiitoil iiioittciMH' (for *j:i,()0O,0OO)
Kow KtMtenil iimi-ttruKi^ (" hliinkot")
Newark
New York, iHt iiiortKiiKO
I,etilKli
WIlkcHlmrre Colli Co., iBtniort. Riinr
Ctinsol in., loiin. ^nar.
do
do

A
&

Am. Dock*

Imp.(!o. bonds, guar, (,'out.of

7

$7,500,000
3,500,000
117,000
3,700,000
925,000
20,6Wi,0O0
5,000,000
4,400,000

1,000

500

Ac.

1,000

100

3.'>'J

Mortjnij^^ hontlH

BondH

$100
1872
1870
1869
1871
18B0
1872
1874
1876
1867
1874
1875

1,000
1,000
1,000

500

Ac,

£200

o/i

fo— Coimnon 8to«k

i'37

8,8B4;000
1,810,500
500,000

300,000

Ist niortg;igc, sinking fuiut, (trust)
Consoliiiate<l mortgage exnipon, (for $30,000,000)

Northern Cross R. K. 2d. mortgage, gold
Trust inortga+re (Burlington to Peoria)
Plain bolide (coupon or registcrwl)
Bonds of 187,"), (sinking fund $13,860 jier year)
Carthage A Hurlington, lat mort..
Dixon i'coria A iliinnlbal, Ist m...
Couiwn,
Ottawa. Oswejro A Fox Riv., Istm Unit may be
Illtnois (Irand Trunk, Ist uiort
registered.
Qiiincy A Warsaw. Istniortgage .. /
Keokuk A St. P., 1st M. (<,'<mp;, hut maybe rcg.)
B'ds for St. I.. R. I. A C. (sink, fund $,50,000) coup.
(^iiincy Alton A St. I,ouis, Ist mortgage, cxiupon
Chieagoii Canada Southern— 1st mort., gold
I

j

I

.

Ohicaao, Cineinttall

<1

Louisville— iBt mort

Central Railroad <t Bank, Go.— Leues several
roads, and giurantees bonds. In April, 1876. purchased one-half interest in Western Railroad of
Alabama at foreclosure (*alc.
The " tripartite"
bonds arc i»»iied Jointly by this Company, the Macon

p.

Ii.3.

The

sion:

Receipts.

W74
1875.

1878
187

..
.

.

.

7.411,6.?7

«,94«,O)0
5.«S!>,C67

Expenses. Net eam'ffs.
$4,140,601
4,1!M '<7
3,t»4,ueo
3,8(9,897

|4,44n,n;o
3,i8!,HI0
3,38a,000
4,44!),,;71

««

-*• P- "^s '"• 1*'. '5«- -M.
-49, 474, S7.->,
39«. 430, 445, 4W, S I 7, 590, «04; V. 25, p. (i.3, 457.
'-^ P- *> "''• "J- '«'. *ll'. 315, iO:, 495, 574,
S?,' ^69 J, tiM.)

iX:

aw,

n

Oen^ro^ OAio.— Leased to Baltimore A Ohio RR.
lObti for 51 years; rent 35 per cent of gross rc-

.

I'-

,

7

3I3

a^
5«-

2,383,000
1,087,000
1,.500,000
306,000
2,365,000
564,000
188,000
360,000

t

7

1%
8

A

A.

1858
1873

1,000
1,000

1,000
1,000

1872
1875
1860
1869
1870
1870
1870
1809
1876
1876
1872
1867

;inei

ontstaniiing.

tember
vious

500 Ac.
500 Ac.
1,000
50O Ac.
1,000

500

and 40

6

.1

•'

H40,<XX)
2. .57 1,3.50

1,000,000
Pays

,

(

syo,.500

after,

M.
M.
M.

g.

4

720,000
317.000
2,467,000

Jti:

1,000
1.000
1,000
500 Ac.

6 per cent

to Philadelphia

May,

was

in

ill

A

p, 4',)

1876, St. L.

the year euding Sep-

A

Clie'apeake <* OAio.— Sold in foreclosure .April *.
'87S, for $2,750,000 »nd r. -organized,
complete
llabilltleB and the plan of
re-organization were ^ven in V. 21, p. 569,
Last

A

statement of outstanding

in V.

Cheehirt.-tict income. 1876-77. $78,156. New 6
per cent lionds for $586,0 U authorized, to red:ein
bonds of IKaO. (V. 23, p. 5 4 8; V. 28, p. 493.)
Chttltr VaV^;y.--In

bands of trustees and leased

A

Is.

41.)

1

Cherry V-Uetj. Shnr. 4s Xf.— Transferred to Dclawore A Hudson t^unal Co., April, 187.5. Interest
unpaid in December, 1875. (V. 20, p. 404.)

Ac,

Rock

p

—

Purchased in Oct.,
ct Quincy.
Cliic. road, for f 1.570.000 in

Gross eaniings for 1877 were. $I2.M0.875: expenses, 87.3' 9.'0R; net earnings. $5.221, IWi; interest
charge, $2.139,!)' 1. The C. B. A Q. leases nnmoronB
brancli roads, giving hem a trallic guarantee usually
40 or 50 p. ct.) for piirchiislng their bonds. Leasee
In perpetuity the Q. A. A St. Louis at $4J,(K» per
Q. consolidated
annum. Enough of the C. B.
In
nioitgage is rcserv--d to take up prior debts.
.\ugust, 1875. stock of thi? Company was ("•ned in
exchange for Burlington & Mlesonri River Railroad
stock, and t'le same is abr sivcu for the convertible
bonds of BurliuatoD * Missouri River Railroad.
The bonds of 187«, for purchase of St. I,oui.« Rock
Isl. A C. Railroad, are plain bonds of Chicago Bnrlington A (iuinry, but offset hy 7 per cent mortrage
bonds of like amount, ccured on St. Ixinis Rock
Island A t'hicuL'O load, and deposited with trustee*.
(V. 21 p. 6.3. 111. 202, 274; V. », p. 188; V. tt, p.

A St. IaiiiIs, and
Net earnings go to lessor
p. 519; V. 81, p. 419.)

report with earu'nss, expenses,

289, 436, .547; V. 27,

&

gold.

i

.iunu:U

213,

Chicago Bnrlinfjton

1877, $2rt,488, au'iiinst ¥20:),:«7 the preyear, (V. 84, p. 62; V. 2i, p. 0.5.)

26. p. 17.
Net earnings 187ii-7. $.H9,.3(>7. (V. 22, p.
42, 87, 134. S'*l, 37.5, 3<«. .589; V. 2<, p. 111. BS5;
V. 24. p. «2, 299, :)20; V. 2.5, p. I?«, 841 ; V. 26, o.
1 7. .348, 522, 6i5; V. 2;, p. 15.)

1360, paid-

*

.tO,

in 1877, $42,406. (V. 22,

Coupons due

Mis.-ou'i Itailroad operateii under contract. New
extension to K 'iis-is City bail! in 1878, and a mortChic. KK.) is
gage on that line (K. 1'. St. L.
A. gold lis of
deposited in trust as security for C.
Chic. A III. River was to have been sold .May
ls78.
(V. 25, p. 4:3; V. 2-1, p.
31. 1878. but sale enjoiueri.

<7A'/r'l«r«.— I/iased to Pitts. Cin.

'

Reading.

.

cash, ar'd »i,(.9fi,»i2 ii n< tes.
;V. 25, p. 200, 236,

Net eurniogH

A

1876.

Chicago <ft Ait/in.—Ttui report for 1877 Is given at
length in V 2S, p. 213, and snows gross earnings of
$4.464,:^43, and net eaminsrs of $2,107,:337, a^lnat
$2,269,467 in 1876. Joliet A Chicago RR. is leased for
interest on stock and bonds. St. L, Jack. A Cblc.
Railroad leased at $240,000 per year. Louisiana

K'A a pan

leased.

1876.

operated by Penn. Co.
,

Aug., 1900

A S. N.Y.,M.K.Jcsup,P.ACo. March 1 1905
A N.
do
do
May 1, 1903
A 8. N. Y., Bk. of Commerce. Mar. 15 187?
do
8
J. A J.
do
Jan. 1, 1883
7
J. A J. N. Y.N. Bk.of 'om. ABost July 1, 1903
Frankfort.
.Inly 1. 1890
4 g- J. A J.
7
A. A O. N.Y., N. Bk. of Coin'rce. Oct. 1, 1890
7
J. A
Boston. Co.'s office.
Jan. 1, 1896
5
J. A D.
Boston. Co.'s Office.
June 1, 1869.;
8
M. A X. N.Y., N. Bk. of Com'rce.
Mav, 1879,
8
do
do
J. A J.
July, 1889
8
A J. New York and Boston.
July, 1900
8
A O.
Boston.
Oct., 1890
8
A J. New York and Boston.
July. 1890
Boston,
A O.
April, 1879
do
A. A O.
Oct. 1, 1901
P. A A. Boston, C. B. A Q. RR.
Feb. 1, 1896
7g. A. A O. N. Y., Union Trust Co. April 1. 1902
7
J. A J. N. Y., FaiTii. L. A T. Co.
Jan., 1837
7

1,000.000
3,000,000
27,644.916
2,715,000
11,521,000
811.000
601,000
1 ,632,475
423,000
266,000
346.500
1 .079,000

1,000

93, 192.

Central

of New Jersey assnraes $il,3IO,( 00 of Lehigh
Coal & Navigation Company's debt and t'Ji 5,T?B
of the Railroad Car Trust Company. The Anierican Dock ,t Improvement Co. cxecutea a mortguire
for »l,noii,0()o, in 1877. 'o scenre its bonds.
The
loDowin; table shows the receipts, expenses and net
earnings, including Lehiiih A Susquehanna Divi-

F.

.

ChnrMU, tMnmbla <C An/iitsla—Siac\i. is $8,578,000, and %\m,rm of old Col. A Aug. bond" are yet

Susq rental, were |;1,888,W5.
The report of
Committee consolidated mortgage bondholders was
aven in V. {4, p. 494; and on Ix^hlgh AWilkcs-

»,

7

.1,

.1.

8
8

1,8.54,000

100

1878, tl, 109.242

Oerdrai of New Jersey.— K full abstract of the reorgan zatlon scheme now pending was published in
the CUR0NICI.1S. V. .6. p. 215. with a brief statement
of eoruings in 187^ and probable future earnings.
Net earnings, 1877. after paymcijt of Lehigh A

do

1. 1899
1886

.1.

6

4,379,8.50

asranst the land grant bonds.
375, :«); V. 26, p. 368; V. 27,

ai5.;

do

1890
Nov., 1902

Jnly

7
7
7
7

g.

of the Southern
Au abstract of the
Including the land agent's
report, also gross and net earnings to June 30, 1677,
was L'ivcu in the Chhonici.e, V. 23, p iV). Gross
camiuirs, 1876, $18,14f),94l. currency; expenses.
8«,'!3J,074; net carniniri', $H,414,^H9.
The policy of
making- fl iier cent dividends yearly was declared
in 1H75.' Trustees of land mortgage held in May,

;

in V.

1875
1878

CetUral Pactflc.--ln

Pacirtc

do
do
do
do
do

(t)

annual report for

Central cf /»(»a.— Sold In foreclosnrc, July is,
18T7. nnd r Ist mortgage.
Gross earnings. 18T7.
$N3,8I8; net, »iOl.l90. (V. «, p. 159, 4«T: V. *!,
p. 1 as, 561;
V. 2S p. 62, 'aT, 4.31, 591; V. !W, p.

Company

32
40
70
44
40
43
270
46
67 >2
73

at olflce.

do
do
do
do
do

,1.

1

!

April 15, 1901
April 10, 187C

.1.

t'6g.

6
7

i

.1.

dividends.

West., and Southwestern, Gross earnings year
ending Aug. .31, \K7. |2,109.09«; net, $8W,9-X5. (V.
a, p. 35.% 49 8 V. r>, p. 43 9.)

Coal

825
100
06

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

ceipts for livo years,

&

irrc

4«!6

1

1864
1864
1868
1868
1870

6

836,400
500,000
10,065,300
2,425,400

.oocrf

18.57

7g.
7g.

2,1.53,300

1

Now York,

A,

Oct., 1880
July in, 1899

do

.1

1,220,331

100

A

Jon. 2, 1878
Jan. 1, 1893

.1.

"e'g.

100,000
902,000
300,000
160,500

i'oo

pal,

and by

A J.
1887
M. A N.
Feb. 1, 1899
Ixradon.
Q.-M. N.Y.-Ccnt. RR. of N. J. June 1, 1900
A J.
do
do
J. A J, Bait., at B. A O. office.
July 20, 1878
J. A J.
do
Jnly 29, 1878
do
M. A 8. Bait., West. Natl. Rank.
Sept., 1890
A. A O. N. Y. A San I'rancisco.
Oct., 1877
J. A J,
N. Y., Flsk A Hatch.
1895 to '98
A
Sacrain'o State Trejis.
July 1, 1884
A J, N. Y., K. Kelly A Co. Jan. 1, 1883
A. A O,
N. Y., Flsk A Hatch.
Oct. 1, 1900
J. A J.
U. S. Treasury.
1895 to '98
J. A J.
N. Y„ Flsk A Hatch.
July 1, 1809
U. 8. Treasury.
1899
A J. V. v., Flsk A Hatch. .Tan. 1, 1888
New York A Ijiudon. .Ian. 1, 1892
J. A
J. A
N. Y., Fisk A Hatch.
July 1, 1890
A. A O,
do
do
Oct. 1, 1890
J. A J, N.Y.,M.K.Jcaup,P.A Co,
1893
A. AG, Philadelphia, Penu R.R. Oct. 1, 1901
J, AD. N. Y., Metropolitan Bk. Dec. 15, 1999
M. A N.
Y., Fisk A Hutch,
Nov.. 1899
J. A J
do
do
Jnly 1, 1902
A
do
do
July 1, '77 to '92
A J.
Y., Am. Exch. Bk.
1880
A J.
do
do
1884
A J.
do
do
1876
A J.
do
do
1877
1893
Boston.
J. A J.
Jan. 15, 1878
do
J. A J.
July 1, '80 AW!
M. A N.
Philadelphia.
May, 1872
M. A S. N. Y.,M.K. Jesup.P. A Ck). Jlar. 8, 1878
do
do
-Mar. 8, 1878
M. A S.
J. A J. Lond'n.J.S.SrorganACo. July 1, 1903
J. A J. N. Y.,M.K.Je8up,P. A Co.
Jan., 1893
A. A O
do
do
Jan., 1883
N. Y. U. 8. Trust Co.
July, 1878
Q.-J.
J. A J N.Y.,M.K.Je8up,P.AOo.
July. 1882
April. 1894
A. A O.
do
do
A. A O.
do
do
April 1,1894
do
do
July. 1898
J. A J.
do
July, 1898
J. A J.
do

7
7

.500,000

"^^lOIO.

do

O.

J.

7
7

15,898,401
15,000,000
5,426.000
66,000

1,000
1,000
300 Ac.

100

F.

,<!80,000

,5(K),00O

A

M. A N,
Q.-J.

7

able,

A D.
Havaiinah, tia.
A J, Now York A Savannah.
A O.
Mueoii, fla.
A J.
Now York, Olllco.

Q.-J.

7

7

.500jpOO

bfia
....

2«9

3,278.000
600,000

1

(

1873
1863
1862

A,

7

1,483,000
6,080,000
25,885,000
2,616.000
1,970,000
6,000,000
2,000,000

1

«4!)

J.

K-

"

2,500.000
34,275,500
23,883,000

—

677

7g.

4 11, .5,50

-

General mortgage, steiling, for £i)0O,T)OO
322
Istniortgage
220
,
Income bonds
220
Joliet A Chicago, 7 i>er cent, stock
38
do
do
mortgage,
aiiikiug
fund
38
1st
Bt. Louis Jack. A Cli., 1st mortgage
l,-)0
do
1st
mort.
37
do
guar, by C. A A.,
do
do
2d mort. guar, by C. A A..
37
do
do
2d mortgage
150
Louisiana A Missouri, Ist mortgage
101
do
do
new mortgage for $300,000
do
do
guar, pref. stock
Chicago A III. Riv., 1st inort. ($474.(K)0 guar.)...
"is
Bonds sei-ured by K. C. Ht. I,. A C. bonds
Ohieai/o. Hurlington <t t^tti«ci/—Stock.
1«>20

A.

.500,000
3,000,000
2,437,950

I*referred rttoek
1 Ht luort If UK" I'ondH
Central /'nei/ic— Stock
IHt mort., Hold,
ninkliiK funds. $.'50,000 fioeli).
Oillforniii State aid, (told («. fiiml, $50,000)
Bonds, foniurly conv. into 11. H. lKls('i.r..*;).V>00)

Chester Valteij— t st inortgago
;
Chicago J: A (/oil— CoMiinon stock
Preferred st'ck (7 u. c. y'riy not cunuilativc) ....

J.
J.

11

50
137
50
137
....
.,000
1213
100
712 1865-8 1.000
a
30 1864
1,000
138 1862
I4i;
1870
1,000
iNt morik'UKe on Hun Jon<|uin Valley llraucli, gold
742
U. H. l.oan. ('.^tl lien on certain terms)
l.-SS
1869
I'.obo
Western I'lM'ine, 1st niortKaKe, Rold
123
(tovernment lien
do
l.'>2
1868
i',6bo
Cal. A OreKon. Ist niortKii>.'e, (,'<ild (jriiar hy C.P.I
('. P, iMiiids, iiioi1«. on (1 * O. Br. (*7.-'(MU)00 iC
152 1.S72
1,000
20 1870
1,000
San Fl-niiciseo O. A A., Ist inortKUKO (*I,ri()0,000)
1870
1,000
I,and bonds on I1,71'2.4IK) lutres
iilft
I860
CI)arMU- Columbia it Atujimta lat inort. coiisol...
\»r>
1872
r,6bo
'iA Morldiiw
23 1871
Olutnterii— 8t iMortKaito
1,000
21
1869 500 Ac.
OMrry Vallrit simr.J- Al.— \»X luort., convert
427
Ohtutpeake it O'l i<>— stock
1st luortLMKe sinkinK fnn<I RoUl
427 1869 lO'OAc,
1st iiioit. exten. {'2d on 4'J7 niilvH) conp. orrogrt..
1872
1,000
Debentures convertible into *Jd inort^axc
1872
1,000
Ist mortgage, Va. tJcnt. K. K.,) giianuitecd by Va.
Sd mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central K. R.,) coup.
Funded interest, ooui>on bonds
Inccnne bonds (for funding)
1874
CAMAire— ."^toek, i)refcrred.
100
88
Bonds, not mortgage
500 Ac.
CfHlral

2>3

7
7

1.5.000,000

1

1,000
1,000

N.J

i«onrf»-Pno«lWhen Dae.
Btoek*—lMit
Dividend.

INTERE8T OR DIVIOENDS.

Amount
Outstanding Rate per When Where
Value.
Cent.
Payable

1»0, U8.)
i

Chicago <* Canada .'toi//A«rii.— Connection of CanInterest in default and ainonat
ada Southern.
overdne .Isnuary I. 18i7. $62S.I8(I. Deflclt on operations in 1876, $-23,8JI. (V. 25, p. 281.)
(Chicago. Cincinnati <t LoitUvUte.—'So isform*tlon furnished.

V

.. .'..

,

RAILKOAD STOCKS AND BONDS,

trili

[Vol. XXVII.

a great Ulvot by glTine Immediate notlee of any error dlacoTered In tbeae Tables.
Bonrfs— Prinol
INTEREST OR DIVIDENDS.
Miles Date
pal, 'whou Due,
S'™J»^1 Amount
For explanation of column headings, &c., see notes
Rate per When Where Payable, and by Slock)— Ijaat
of
of
Outstanding
on first page of tables.
Cent.
Road Bonds Value.
Payable
Dividend.
Whom.
tiobaerlbers nrlll confer

DESCRIPTION.

Chic.

<e East. III.— iHt mort., gold, sinking fund
Indiana exten., Ist mort., gold (Sdmort on 114m)
Chicago d: loira Ist mort., coup., may be reg

—

Chicago, Iowa

li Nebraskw—Stoc^
2d mortgage (now 1st)
3d
do
(now2d)
Chic, a L. JTwron— Peninsular, 1st M., gold, a. t.
Port Huron & L Mich., Ist mortgage
Chic.it Mich. L. Shore— lat M., New Buff, to St. Jo
Ist mortgage, main line

,

let mortgage, on branches
1st mortgage, on Muskegon & Big R. Branch
Chicago, Milwaukee it SLFaul-Coin. stock
Preferred Rt'ck (7p.c. y'rly, not cumulative)
Coneolidated mortgage (for $3.5,000,000)
1st mortgage f^Lacrosse Div.)

108
21
80
82
82
82
166
66

1869
1872
1871

$1,000
1,000
1,000

1*86*0

100
100 &c,
500 &c.

1863
1869
1870
1869
1870
1871
1872

52

i',66*o

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

100
100

1,412
1,412

1875
1803
1861
1867
1864
1869
1868
1868
1861
1872
1872
1873
1866

3*7*6

2d mortgage
Ist mortgage (Iowa & Minnesota)
let mortgage (Minnesota Central)
1st mortgage (Iowa & Dakota)
Ist mortgage (Prairie du Chien)
2d mortgage (Prairie du Chien)
Milwaukee & Western
St. P. ic Cliic. Ist M. (Riv. Div.) $ & *(conv.)
let mortgage, Hastings & Dakota
Ist mortgage, Chicago & Mil. line
Western Union, Istnmrtgage
Chicago it JforthweslerH-Commou stock

370
220
49
2*3*5

235
1*3*6

75
85
197

Preferred st'ck (7 p. c. y'rly, not cumulative)
Bonds, pref. (siuk'g fund), 1st mort., Chic, to Osh
Interest bonds, funded coup., 2d m., Chic, to Osh.
1st mort., general, 3d mort.. Chic, to Oshkosh
Appletou exten., 1st mort. on 23 miles and land.
Green Biiy exten., Ist mort. (m 26 miles and land
Ist mort.. Galena & Chicago Uu. RR. extended.
MiSNissippi River Bridge b'ds, lien on net earnings
1st mort. (Peninsular RR.) on roads and lands
,

.

1,459
1,459

1859
1862
1859

193
193
193
23
26
248

186*2

1853

**7*4

1*86*3

1.000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

64
732

1,000
1,000

1*875

let mortgiige (for $12,1)00,000) coup, or reg
(g'd in cur. by C.k!i.&P.)
Iowa South, i Missouri North. RR. stock ..
Cincinnati, Ilamillon it Z)o^(on— Stock
Ist mortgage of 1853

6*3*6

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

Preferred stock
Mortgage bonds, Sandusky, Dayton

&b

&

1,000
l.OOOAc

100 Ac.
i'do

60
60
60
98
50
56

—

—

1,000

**66

2d
do
186.5
Consol. moit. (for .$3,000,000), sink, fund i p. c'
Cln. Ham. & t, (Jimction) RR., 1st mort., guar..
Oinclnnali. iMfayetle it Chicago Istmort., gold
Cincintuili it Muskingum Valley 1st mortgage*!*"
Oin., Richmond it Chic— lut mort., guar. C. H.
2d mortgage, guar. an<l owned by C. H. & D
Cin. Richmond it Ft, ir.— 1st mort., gold, guar,
Cincinnati, Satidusky it Cleveland—Stock. .

1877
1869

271

1853
1865
1875
1873
1871
1874
1870
1866
1869
1871

148

36
36
90

1,280,000
15,404,261
12,279,483
5,861,000
6.600,000
600,000
3,810,000
190,000

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

50
50

88
1S8
7

!«•
5

7
7

7g.
I'8
H
8

7

s.

3I2

7
7
7
7

7

7

640,000
3.674,000
1,315,000
234,000
4,000,000
213,000

8
7-3

7

?«*
7
7

2,.5O0.0OO

100

yr.)

Chlc.A Soulhw., 1st M.g.

Consolidated mortgage

1871

1,3.50,000

i',6oo

let mortgage (Belolt & Madison Railroad)
46 1863
Consol. siuk'g fd M.. (all above convert, into this)
779 1865
Madison extension, let mort., sinkiug fund, gold
126 1871 500 &c.
Chicago & Milwaukee, 1st mortgage, 2d lieu
85
1.000
Menominee extension, 1st mortgage, gold
120 187*1 500 Ac.
Gen. cons mort., gold, coup, or reg. (^8,000,000) 1,058 1872 500 Ac.
Winona A St. Peter, 1st mort., guar by Chlc.&NW. 137 1870-1 1,000
do
2d mort.,
do
do
137 1871-1 1,000
do
1st M. exten, gld, land gr., 8. t
175 1871 100 Ac.
Iowa Midland, Ist mort., guar, liy Chic. & N. W.
75 1870
1,000
Northwestern Union, 1st mortgage, gold
62 1872 500 Ac.
Chicago it Paducah— lat mortgage
156 1873
1,000
Chicago, Pekin it Soulhweslern—la
-ist mortgage.
70 1871
1.000

2d mortgage
Chicago, Rock Inland it Pacific— BUick
Branch bonds (sinking fund $40,000 per

$2,500,000
1,500,000
1,750,000
3.916,200
568,200
211,500
3,600,000
1,000,000
477,000
3.523,000

3,500,000
15,103,145
21,090,334
1,230.500
729,600
3,539,400
139,000
251,000
1,691,000
181,000
285,000
271,000
4,455,000
3,150,000
1,700,000
2,700,000
12,343,000
2,750,000
1,650,000
4,375,000

3
3>a

7
7
7

7

7
7
7
7

7

7

V'
7 g.
7

I'-

1,3.50,000

3,500,000
2,961,000
700.000
300.000
20,979,800
916,000
9,t) 00,000
5,000,000
5,000,000
3,500,000
1,246,000
494,000
1,500.000
1,846,000
1,120,000
471,000
1,.500,000
560,000
65,000
1,800,000

V8
8

2
G
6

7
2

4
7
7

7
7

7

g.

7g.
7
7
7

7g.

4,005,7,50

lOs.

429,037
750,000
350,000
1,100,300
2,000,000
651,000

3
6

A O. New York, Co.'s Office. April, 1909
A O.
April, 1912
do
do
A J. New York and Boston. July 1, 1901
A J. Boston, by Trcjwurer. JiUy 1, 1878
A J Boston, Merchants' B'k. July 1, 1888
A A. New York, Park Bank. Aug. 15, 1892
M. A N.
May, 1889
New York.
M. A N,
May 1, 1»00
do
M. A S. Boat., Treasurer's office.
Sept. 1889
J. A J.
July, 1890
do
do
M. A N.
Nov., 1891
do
do
M. A S.
sept. 1, 1892
do
do
J. A J.
Jan., 1871
New York, Office.
A. A O.
Apl. 10, 1878
do
do
J. A J.
July 1, 1905
do
do
J. A J
1893
do
do
A. A O.
1884
do
do
J. A J
1897
do
do
J. A J.
1894
do
do
J. A J
1899
do
do
F. A A
1898
do
do
F. A A
1898
do
do
J. A J.
1891
New Yor:t, Office.
J. A J. lyondon and New York.
Jan., 1902
1902
J. A J.
New York, Office.
J. A J
1903
do
do
F. A A. N.Y., Mil. A St.Paul RR.
Feb. 1896
J. A D. New York, Co.'s Office Juue 27, 1878
J. A D.
June 27, 1878
do
do
F. A A.
Aug. 1, 1885
do
do
N.
.M. A
May, 1883
do
do
F. A A.
Aug. 1, 1885
do
do
F. A A.
Aug. 1, 1885
do
do
F. A A.
Aug. 1, 1885
do
do
V. A A.
1882
do
do
J. A J.
Jan. 1. 1884
do
do
M. A 8.
do
Sept. 1, 1898
do
J. A J.
Jan., 1888
do
do
Q.-P.
Feb. 1, 1915
do
do
A. A O.
April, 1911
do
do
J. A J.
July 1, 1898
do
do
J. A D.
June 1, 1911
do
do
J. A D.
Dec. 1, 1902
do
do
J. A J.
do
Jan. 1, 1887
do
M. A N
Nov. 1, 1907
do
do
J. A D.
Dec. 1, 1916
do
doA. A O.
do
Oct., 1900
do
M. A 8.
June I, 1915
do
do
J. A J.
July 1, 1903
F. A A. N. Y., Farn.. L. A T. Co. Aug. 1. 1901
A. A O.
1891
Q.-F. New York, Co.'s Office, Aug. 1, 1878
F. A A.
do
do
Au«. 1, 1895
J. A J.
do
July 1, 1917
do
M. A N.
do
Nov., 1890
do
Q.-F.
Aug. 1, 1878
do
do
A. A O. N. Y., Winslow, L,. A Co.
April, 1873
M. A N.
do
May 1, 1880
do
J. A J
do
July 20, 1885
do
A. A O
do
Oct., 1905
do
J. A J.
do
Jan., 1903
do
.M. A 8 N.Y., J.S.Keunedy A Co.
Mch. 1901
J. A J.
do
do
Nov. 1, 1914
J. A J. New York, Moran Bros.
Jan., 1901
J. A J. N. V..Winalow.L.ACa
July 1895
J. A J.
do
Jan. 1, 1889
do
J. A D. N. Y., Winslow, L. A Co
Jnne, 1921
A.
A.

J.
J.
J.
F.

Boston,

M.*A*N.

Office.

do

May

do

1872
1. 1878

A A.
do
do
Aug. 1, 1900
do
Sandusky city A Ind
7
M. A 8.
do
do
8ci>t. 1, 1877
do
Cincinnati, Sandusky & Cleve.
7
J. A D. N. Y., Union Trust Co. Dec. 1, 1890
Cincinnati it SpringfleM— lat mortgage, guar
80
7
A. A O.
N. Y.. U. 8. Trust Co.
April 1, 1901
1,000
[''
2d mortgage
48
J. A J.
1,000
7
do
1902
do
!!!"[.!**
Oin., Wab. it Mich — let mortgage
114
J. A J.
Wabash, Indiana
1,000
1,824,000
7g.
July 1, 1891
Cleveland, Columlms, Cincinnati it /»rf'.-^tocic
471
F. A A.
3
N. Y., U. S. Trust Co.
lOO 14,991,800
Feb. 1, 1876
1st mortgage (C, C. & C. RR.) $2.5,000 a year*.
138 1*860
A D.
175,000
7
do
500
do
June, '75 to '84
do
(Bel. & Ind.) exch. for new mort.
202 1864
429,000
7
A J.
do
1,000
do
Until 1899
do
C, C, C. & I. sinking fund.
" 390 1869
|M. A N.
7
1,000
3,000,000
do
do
May, 1899
Consol. M. for $7,500,000 (sink, fund 1 per ct.)
390 1874
1,000
2,422,000 7 or 6 g. J. A D. New York or Ix»ndon. June 1,1914
Chicaao
Satt Illinois.— The Chic. Danv. A Vine.
Chicago db Xorthwest.— The fiscal year ends with
Chicago A Southweilern.—T^An Company's first
was sold
foreclosure Feb. 7 and 8, 1877, and both May. The last annual
mort 18 guar, by Chic. R.
report will be found in the
4 Pacific, which foreDivisions were re organized.
(V. 2a, a 40, 334
CHRoNicLg. V 25, p. 160. The net surplus of the closed and sold the road. Foreclosure on Atchison
866, 431, 618; V. 28, p. 'JC4, 315, 419.)
year on the Chic. & Northwest, lines proper, after branch was made Oct. 16, 1877. (V.
p. 396; V.
Cincinnati

1866
1852
1867
1871
1872
1871

•

.

.

F.

.r.
.1.

.

.

<ft

ill

I.

-i\,

paying interest, was Sl.SS^O;?, and on the whole

Chicago <t Totoa.—^o\i Mar. 9, 1878, in foreclosure
of Sd mortgage of $1,150,000, and a re-sale ordered
Net earnings 1676-7, *114..%6. (V. 85, p. 138, 30T:
V. 86, p. 166, 264; V. 47, p. 40.1
Chicago, Iowa & iVl!^'a*'A:a. --Leased in perpetuity
to Chic. & Northw., at 37>i per ct. of gross receipts.
Chic. A Laie Huron.— This was a consolidation
of the Peninsular Railroad and Port Huron & Lake
Hicb. To be sold in foreclosure under the sectional
mortgagee.
(V. !H. p. 275; V. 25, p.
r 90, 212, 283;

V. 86, p. 116.)
Chill, dk Mich.

,

,

system, Including proprietary roads, $1,078,226.
The net deficit on proprietary roads was $7.56.791,
Including the interest on their bonds.
?or six
months. June 1 to Dec. I. 1877, gross earnings were
$7,758.' 67, agalnft $7,641,7E6 in 1876; net, profit
(.verlt.t.,rentals, &c.,;$l,.379,S2.3, against $I,0:.'7,7.5iin
1876.
Lands of the company are 2,15.S,074 acres
unsold, operations of the C. & N. W. proi<er, for
three years, compare as follows:

Gross
earnmgs.

,

Lake Shore.— In default since July,
except on the $477,000. Foreclosure uendlne
(V. 24, p. 493; V. 26, p. •)9.'>, 599.)
Chic. Mil. it St. I'aut.— 'Nut earnings 1877, $.S,674 4«0; 1876. »3,I00,847; 18:5, $3,085,389. The earnings
were reduced in 1874 and 187.i by the lower freight
rates imposed by the Wisconsin railroad law. 'rhe
law was modified, and with April. 1876, higher rales
again took effect. Annual report for 1877, V. 46. p.
364. The followmg is a comparison for three years
of operations, and financial coudUion at the close of
year:
1877.
1,412

1876.
1,399

$27,^81,744

$27,673,744
30,010,500
8,054,171

Net
earnuigs.

1876-^77...
$ll,sr7,.50l
$6,517,680
$.5,!)29,819
1875-76... ..
12.778,7.1
7,408,8.57
5,364.8 3
1874-75 .. .
12 707,18ii
7,984,694
4,723,l'31
All other bonds, includlua those of proprietary
roads, together aggregating $35,349,000, may be
absorbed by the "old loan, and that amount is
reserved from the $48,000,000. Dividends have been
Eaid 88 follows: ,June, 1878, 3X on pre'., 3 on com.;
lec, 1877, 3 1< on pref.; Dec.
1876.2H on pref. ; July,
1873, .3X on pref. ; Dec . 1872, 3>4 on both; June, 1872.
.3>^ on pref.; Dec, 1871, 3><on pref.; June, 1871, 5
.

1873,

Miles
Stock

Expenses
and taxes.

.

OR both; Dec, 1870, 5on both; June, 870, 8onprcf.;
Dec, 1869, 5 on pref., 4 on com.; June, 1869, Son
both; Dec, 1868. 5on both, (V. 2.5, p. 160,441. 5.32;

i,H7.'i

i,:J99

$27,673,744 V. 26, n. 469. 574 )
87,129,000
Chicoffo <J Padiicah .— dross earnings 1876-7, 11871.Earnings.
..
8,114,891
8,255,743 370; net, $'^8 294. (V. 23,
p^ 487.)
4,510,433
Op. expenses.
4,95.3,321
5,170.354
Chic Pek. tftSoi/ttw'/i— Receiver apuolnted June,
Net earnines.
3,574,460
.3,100,847
3,085,389 1877. Net earn'g< 18;6-7, $58,211. (V. 2,5. p. 16, 618.)
Of coasol. bonds of 1875 enough are reserved to
Chicago Hock hlatid dt Pacijic.—Itt 1877-8 gross retake up old debt. Dividends have been paid since ceipts were $7,895,870; net receipts, $!J,511,,3.5(i; divi1869—on pref. stock— in 1878 7 cash, in 1877 3^ dend payments (8 p. c) $1,678,.384: surplus for the
cash, in 1876 14 per cent in bonds, and 3^ per cent year. $665,817. Owns stock of la. 80.
Mo. North,
In cash; in 1874 7 In bonds, 187S 7 cash, 1872 7, 1S71 and pays 2 per cent quarterly 10 Rock Island
stoclc7, 1870 7 and 3 scrip; on common stock
1871 7 holders, making their quarterly dividend actually
scrip, 1870 3 cash and 7 scrip.
(V. 88, p. ^0, 431
per cent. Controls Peoria
Rock Island road.
3X
587; V. Ki, p. Ill; V. 24, p. 105, 111, 39S; V. 25, p.' Keokuk
Dds Moines RR. was leased Mav, 1878.
118, «I; Y. 36, p. 117, Ki,S99.)
(V. 85, p. 15, aao, 476; V, 26, p. 574, 69<»,
B5S.)

Debt

29,954..500

*

m

I

A

I

A

OH,

V. 86, p. 16<.)
Cine. Ham. A Dayton.—'Set income I ft 1877-8
$8;,784 after payment of Interest.
Defaulted on
C. H A I. guarantee in 1877. (V. 35, p. 186, 569,
25, p. 15, 186, 380;

591; V. ai. p. 117, 599,

644.)

Cincinnati, Lafayette

A Chicago.— Gmsia

earnings

(V. 20, p. 568^
Cincinnati
Mmkinqym r«ff«y.- Is leased for 99
years from 1873 to Pittsb., Cin.
St. Louis for net
earn'gs. but bonded interest is guaranteed. Net earnings, 1877, $25.885— total loss to lessee, $7a,m. (V.
in 1876-7. $,i38.l'7», net, $116,159.

&

88, p,

A

fil9, 614.)

Richmond A Chicaiio.- Leased to Oin.,
A Dayton, which owns most of the stock. Net
income above Interest, 1S75-6, $8,229. (V. 81, p. 68.)
Cincinnati, Richmond A Fort Wayne— Leased to
Grand Rapids for 99 years. Interest guaranteed by
Gr. Bsp,, Cin. Ham. A Dayton, and by Pennsylvania
Co. (V.i-i. p. 532; V. 24, p. 563.^
Cincinnati, Sandvsky A Cleveland.— In the year
ending Juue 30, 1S7', gross earnings were $655,4X0;
Cincinnati,

Ham.

expenses, $5.30,677; net earnings, $12!,743. Difflcnlties about receiver in 1877, and funding of coupoas
proposed.
(V. 84, p. 381, 346. 363, 3i(6, 4iO. 443,
468. 564; V. 35, p. 380, 407. 4:10, SIO, 5)1; V. 86,
p. 116. 141.

dneinmUi

A

Spring/ield.-LeskaeA

to Clev. Col. C.

&

I.,

m

norpetnlty

with guarantee of interest:

on first mortgage, h.<ilf of interest is also guaranteed
by Lake Sh. A M. S. (V. 83, p. 232.)
Cirtelnnalt, Wobash A Mlchi^an.—Some bond*
held by L. Sh. A Mich. So'n. but no Indorsement by
that company. Went into trustees' hands Jan 1878.
,

(V. 96, p. 40, 166, 193, W.)
Cleveland, Coltimdus, Cincinnati
Indianm.—
Annual report in V. 88, p. 881. Net earnings 1877.
$438,778, against $T08.»17 in 18T8. (V, 84, p. H»

A

330;

V.

85, p.

610;

V.

86, p.

38T.)

i

.. . .
.

RAILROAD STOCKS AND BONDS.

Joi-v 27, 1878. J

xiz

•bacrlbara will eonftr a (real lavor by (ItIoc lamadlat* nolle* of aar error dUeoTar«4
DK8CRIPTION.

Miles Date BlMor
Amount
of
)ar
Vor explanation of oolunin hnadlnRti, Ac, aee not«< of
Outstanding
Boad. Bonds vSb
"aUio.
on lint i>nKo u( tiibleii.

CUoeland

•(

80
B7
«7

Mahoning YalUy—SUxik

inortKUKU) ox tvudod

I Kt

New

Iwiidn

NIIvsANuw l.iHboii, l8t iiiortgaKO
ML IVriioKc* I>el.— let inortKivge, gold...

3ft

145

Vlntland,

iRt n)nrt«itw«, Culiiiubus ExtuuBlon
Incoiuo iiiorttfnffe

225
109
100

Cleveland it I'llMurgh—aaaranteeA stook
4th mort^iico <nt>w Ist).
ConfMilliliitcil Kink inn fuiiU niort. for $5,000,000.

Oonmniction

anil

('(|iiii>iiiciit

Cleveland, rnHcarawa» Valley

Columbun

IliH-king Vo//r)/— Stock
Idt moiittiW. KinkiiiK fund boiiilH
lat uiortpif.'!', LoKau i&Btnilt8villo
tt

Ootumbuit, Chiragi) if Indiana CentralStoek
lat M. ('oiiKiil.) (,'(>hiiiibU8, (;hlr. & Iiiil. Central
do I'bic. .Si (i't Ka«t. (<'blc t« I/opiM»|>ort). .
do ("ill. A Iiid'poliH Cent. (Col. to liid'M A. br.)
do Union A IxiKunap't (U'n City t« I/iK»u«p"t)

do Tol. Ix>Knns|>'t A Hiirl.(LoeiUiH|>. to III line)
do (V.I. A hid. iHt A -JdiircriCol. to ll'nCity)
do ('inn. A (;hiv. Air IJnr(Ki('lini'd to Ix»;an!<.)
2d M. Col. A Ind'poliH Ont. (Col. to Union t^ty).
do Indiana Ccntnil (ln(liana|H>li8 to Ohio line)
do (liir. A (j't KiiKt. I onKtriic;. (C'Blo. to-Rich'd)
do ColiimbuH. (;biui;;o A lud. Central
do
do
Income con v. do

Tnconie (Tole<lo, I^)<;an8iK>rt
<i

Oolambiin

tC

A

it

7V)/«7(>— l8t mortj!:age,

morttiaKc (for $1,500,000)
Notes, conpon
UaiMsuwippi Kt'k. g:uar. same div. ue Conn. A Fa«8.
do
bondn, ipiar. by Conn. A P:i«H
Conneclieul Cenli(d—l»i mortgage for $400,000..
Connectieul Kirer—Stoi'k
l«t mort^'agc (linking fund $'205,624)
Connectieul VatUtf iKt mortgage
Connecting (}'liUa.)—\ist mortgage
Cumberland it fen Hti/leania— 1st mortgage
24 mortgage, ninkiiig fund, (guaranteed)
Cumberland V'fiHey—Stock ($-184,900 preferred)

—

.

.

mortgage

2d mortgagts sinking fuiul guaranteed
fl.

117
208
03

DaHtille, I'rlmnu, lll'lon

it Fek-in,—lKt M.,«>ld...
it Michigan— Com. etock (3>3guar,C.H.&D.)
Preferred ntock, (9 perc«nt. gniu. C. H. AD.).
iRt mortgage, ninking fund, $30,000 per year

2d mortgage
3d mortgage
Tole<lo dejK)! (coBt $353,940) let and 2d mortgage
Dayton <t WetUrn—Ut M., guar. L. M. A C. & X
Dttjaare Railroad— Htoek
ExtenRion mortgage
Mortgage bondR. convertible, guar. P. W. A B

1864
1865

107
102
72
224
587

1857

45
118

1871
1876

do

^

Cleveland <t

Mahoning Valley.— Is leased

Great Western.

to At(V. 80, p. 85, 189; V. S3,

232, 40:).)

Clevelaml. Mo>jrit Vernon <t Z)«teuiare.— Defaulted
Jnly, 1874. and conpona due then and one-half of
conpODB from Jan. I, 1875, to and including .July 1,
187T, were postponed to .Ian. 1 , 1886. and the remaining hair to be paid, but this failed July, 1877. and
negotiationo are penning.
Gross eamingB 1877,
»«*,»%; expense*, |307,in; net, 181,724. Interest
cfiarge. »lii1,983. <V. -.2. p. 350; V. 84, p. 848.)
VUvetand ik IHtt^burgh.- -I,*afled to Pennsylvania
Railroad at 7 per ccnl on stock, besides expenses
and intcrrst, and transferred to Pennsylvania Co.
In 1877 there was a net (elicit of tJ07.1ll to lessee.
(V. 34, p. 63 ; V. 211, p. «7. 287.)
dnelaiiii, Tuxarauxit Valley
Wheeling.— TtiSt
road was sold under a 2d mortgage. .Tan. 27, 1876, and
reorganized. Gross earnings. 1877, $491. 4«3; net,
$181,521. (V. 24, p. 6*3; V. aii, p. 289.)
CbMrwvb'a^.— Leased to Philadelphia
Readlag. No dividends paid on stock.
(Morado OniraA— Built mainly by Unton Padlc,
which holds the bonds, t5,«0,M« in ail. (V. 33. p

A

A

183; V. >6, p. r'*.i

CUwnftut <t HoeUng Yalky.—Gtons earnings,
»««.'W9; net, $357,756, aeainst $a8«.'B4 in 187«.
<V. 84. p. 395 V. 25. p. 90; V. iW, n 390.)
Stlumbut, Chicago <t Indiana Central— On Jan.
n, 18(S9, it was leased (amended Feb. 1. Ig^n,) h;^
the Pittshnrpli Cin. A St. Lonis, guaranteed by
Pens. Kallriiad.
The amended lease gnaranteti]
interest on $15,821,000 olllrst and second lionds.
Aug., "74, (Jefault was made on the $5,000.(100 seconds.
April 1, 1875, defaulted on Ut mort. The gnurantee
Of ioterect was absolute, hot the Pennsylvania Rail1857.

:

road claims tbat the C. C. .% I. C. Co. did not fulfil
all its part.
Bondholders claim that no such failure
after bonds had been sold with the guaranty could
prcjodice their rights.
Suit is pending against
PeBUylTanla RR. Interest on most of the old prior

Mods us
84,

«,

p.

0.

W,

341,400
3,692,000
3,847,000
74,024
1,000,000
2,343,000
1,786,200
302,000
1,500,000
350,000
2,175,500
1,186,500
123,000
400,000
400,000

1,000
1,000

50

.55

1,000

141

50
100

146
110
38
38

56
56
44
7
38
38
110
52
52

85
27
195
}>5
288
"»»

2d mortgage

25

Dtnter «C Boulder Valley — ilortgage bonds, coap
Denver Paei/le—let mortgage, gol(I, land grant.

V.

.500 Ac.

.'is

'41
85
13

iMowarw rf Hounji Ilrook-lst mortage
;...
DtUnoare, Laekaicanna it Ife»(er»— Stock
2d mortgage (Delaware, Ijjckawaiina A Western)
Mortgagee on roa<l« and eqnipm't (for $10,000,000)
B«nd.s (convertible June 1. 1875 to '77)
Lackawanna A UlooiHSb., Ixt mort. (extension)..
do

700,000
13,938,972
10,428,000
451,000
2,632,000
775,000
531,500
313,000
217,750
821,000
666,500

1,000

61
102

33
33
117
142
142
142
142
142

Dayton

A

1,000
1,000

100

1868

(jiig

fund.

Danburt/ it ,Y«rir«f A:— Stock
let, 2<1 anil 3*1 mortgi^gOA

p

1,000

50
500 Ac.

1867
J 870
1872

1873
1871

100
100 Ac.
100 Ac.
100

1869
1875

1,000

262,.50O

2,100,000
250,000
1,000,000
996,000
i',6oo
803,500
1,000
594,000
50
1,777,850
500 Ac.
161,000
.500 Ac.
109,500
100 Ac.
81,800
1,000
558,000
50
600,000
lOOAc.
500,000
1,000
2,000,000
50
2,395,350
1,280,100
50
1,000
1,870,000
426,000
1,000
356,000
1,000
500 Ac.
105,500
1,000
614,000
50
1,430,216
100,000
i',6bo
650,000
1,500,000
"50
26,200,000
1.633,000
500 Ac.
1,495,000
600,000
1,000
100 Ac.
370,900
100 Ac.
209,000
1.000
350,000
1,000
2,416,000
iflio

500 Ac.

18.58

1871

1,000

1866
1868

bonclfi

Dakotah Southern — Int mortg^e, coup.,

lantic

100 Ac.

1870

41

rf-

New

Common

I'Sfi's

.'iSS

l«t niortpij^c

Ooneont—9U>ck
Coneord <« i'r>w«moi<(A—Stock, Kuanknt«ed
CowneWwu^ /'ftniMdiip^itf—Stock

1 st

IH

78
89
76

IJiirllnfrton).......

Cincianatl— 1st inort
coupon, s. f
JTc/tta— Stock

Columbus, Siirinyfield

Columbus

669,000
11,243,736
1,104,844
2,700,000
1,336,000
2,180,000
584,000
1,272,000
2,011,600
1,500,000
300,000

.50

1867
1873

89
588

500,000
1,3.50,000
9.50,000

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

13

Biauob

2<1 luortK'iigi' i)i)ii(lK

6.30,000

1.000

ioi

Wheeling— la^ m.

Oolebrookdule- 1 at iiiortRUgd
Colorado Ce)i(/ii(— IhI luortKiwn, convertible

$2,750,200

5(K) Ac,
1.0<X)

18«

buiulH

<t

$50
500 Ac,
500 Ac,

1873
1«76
1870
1870
1871
1875

been Uken no. (V. 83, p. 40. 3(4, 547'
4au, 5«l\ V. 85, p.
«1, 113, 495; V.
"^ •"
38», 588, 574.')
157

'

22
10«

,

1874
6b-''72

1869
1871
1856
1867
1869

61A64
1865
1859
1875
1875
1856
1877
1872
1859
1858
1870
1860

1877
tnoveland Office.
A N,
A A, N. Y., Ward, C. AGO. Aug. 1, 1893
Sept., 1906
A 8.
7
Jan., 1890
J. A J. N. Y., Union Trust Co.
Jan. 1, 1900
J. A J. N. v., Wlnslow, L. A Co
Jan. 1, 1901
do
do
Jan. 1, 1905
M. A S.
do
do
1% q.-M. N. Y., Farm. A T. Co. June 1, 1878
6
Jan.. 1892
do
A J.
do
7
Nov. 1, 1900
M. A N.
do
do
7
Jan.
1, 1913
J. A J.
do
do
7
Cleveland, Ohio.
6
.Iiine
T. AD.
Co.'B
Offlee.
1, 1898
Phlla.,
8K. J. A D. Boston, Trcas.'s Office. June 1, 1890
4 8. F. A A.
Feb., 1878
7
A. A O. N. Y., St. NIch. Nat. B'k Oct. 1, 1897
7
July 1, 1880
J. A J.
do
do
7
Jan. 1, 1892
J. A J.
do
do
"7
April, 1908
A. A O.
1893to'95
7
Various
Nov., 1904
7
J. A J.
Dec, 1905
7
A. A O. N. Y., A. Iselln A Co.
Feb., 1884
7
F. A A.
do
do
Deo., 1883
7
J. A J.
do
do
1886 to '90
7
VariouB
do
do
Nov., 1904
7
M. A N.
do
do
Jan., 1832
10
J. A J.
do
do
7
J. A J.
do
do
7
F. A A.
Feb., 1890
F. A A
7
F. A A
7
N. Y., A, Iselin A Co.
7
M. A S. N. Y., Union TniBt Co. Sept. 1, 1901
Aug. 1, 1905
7
F. A A.
New York.
June 9, 1878
2
Columbus Trciisury.
Q.— M.
7
STA S. N. Y., Am. Exch. N. B'k Sept. 1, 1890
5
M. AN. Boston, Tower, O. A Co, Slay 1. 1878
July 1. 1878
Boston.
3'a J. A J.
Aug. 1, 1878
1
F. A A.
Boston Office.
April 1, 1893
7
A. A O.
do
Jan. 1, 1881
7
Various
do
Aug. 1, 1878
1
F. A A.
do
July 1, 1889
do
««• J. A J.
Oct., 1895
A. A O.
4
J. A J. Boston, Bost.A Alh.RR, July 1, 1878
M. A S.lBoston, Globe Nat. B'k. Sept. 1, 1878
6
7
J. A J. N. Y., Am. E.Tch. N. Bk. Jan. 1, 1901
M. A 8.
1900-'l-'2-'3-'4
Philadelphia.
6
M. A 8. New York, Co.'s Office. March 1, 1891
6
M. A N.
May 1, 1888
6
do
do
213
(J.—J. Pbila. and Carlisle, Pa. July 1, 1878
April
A.
Phlla.,
8
A O.
T. A.Biddle ACo
1, 19<H
A. A O.
April 1, 1908
do
do
8
A. A O.
Jan. 1, 1884
6
do
do
Feb. 1, 1894
New York.
7g. F. A A.
Mar., 1878
l»a
<}.— M. New York and Danbury
J. A J. New York, 84Broadw'y 1880, '90. '92
7
April, 1909
7g. A. A O. N. Y., Faim. U A T. (3o
IH A. A O. Cincinnati, C. H.A D.Ck). April, 1878
2
July, 1878
Q.— J. N. Y., Wlnslow, A Co.
7
J. A J.
do
July, 1881
do
M. A S.
7
do
do
Sept., 1887
7
A. A O.
do
do
Oct., 1888
H. A 8.
7
do
do
Mar., '81 A '94
6A7 J. A J. N. Y., Am. Exch. N. B'k Jan. 1, 1905
3
J. A J.
Dover, Cto.'s Office.
July 2, 1878
6
J. A J. Phila.,(!irard Nat. Bank Jan. 1, 1880
6
J. A J. Phil., Fld'lity I.T.A.8.C0 July 1, 1895
F. A A.
7
Philadelphia.
AugiiBt, 1905
Q.—J.
New York Office.
July 20, 1876
2>fl
7
M. A 8.
do
do
March 1.1881
7
M. A 8.
do
do
Sept. 1, 1907
J. A D.
7
do
do
June, 1892
M. A B.
7
do
do
March, 1885
A. A O.
7
do
April 15, 1880
do
7g. M. A N. N.Y., iMwl. A Frankft Nov. 1, 1900
7g. M. A N. N. Y., Bk. of Commerce May 1, 1899
3>«

M.

?«•

F.

I>.

•

1,.

—

rortitmouth. Leased to Concord RR.
at $25,(XX) per year.
Connecticut <f Passumpsic. Annual rejwrt tc
.Tunc. '877. shov.ed net earnings for year $244,310.
against $240,364 in 18"5-6. The new mortgtge of
$1,500 COO will retire prcvionf issues. (V. 23, p. 301,
(ft

—

W7; V.

V5, p.ail,t31; V. ';6, p. ii67.)
Contecticut CSenfro/.— Leased to Connecticut Valley at a rental covering interest.
Net earnings.

1876-7, $r.;,3W). (V. 22. p. 209.
Conn<:clu:id fiictr.Stl earnings lS7tt-7. $^01,931,

against $217,780in 1875-«. (V.23,p.600; V.86,p.94.l
Vanmetieut \ alley. In default and surrendered
State Treasurer as trustee for bondholders.
Net earnings, 18711 7, $59,019. (V. 23. p. 40, 575,

to

622; V.

'25,

p.

6I6

:

V.

26, p. 18. 40.)

Cfnneeting.—lied^ttA to Pbiladelphui

A

M.

.1.

Colwnbugit. 7o/tf,/o. — Gross earnings. '77. first yerr
of operation, |3:jO,,S82; net, tll9.()n2. (V. 26, p.39t>.)
Coluinbu^ <ft Xfwt«.— This road is leased to the Littl
Miami Co.. and both roads for 99 years to Pittsburg Cinn. & St. Louis Co.; the lease is guaranteed
by Pennsylvsnia Railroad, and the terms are 8 per
cent on stock and interest on boi ds.
C'onmrrf.— Net receipts in 1677-*, $340,453. (V.
24, p. 841; V. 2«, p. 521.)
Covir^rd

Trenton,

and operated by Pennsylvania; terms, 6 per cent on
$1,278,300 stock and interest on the bonds.
Ciirnherland # Pennsylvania.— Oviweil and oper
ated by Consolidation Coal Co., which guarantees

a part of the IndiansDoIis Bloomington A Western,
now in defnul t. See I. B. A W.
Dayton eft ,lfi<Aiff(jn.— Leased In perpetuity to Cln.
Ham. A Dayton, which pays interest on bonds, and
guarantees dividends on st(M;k, holding itself
$1,398,100 of the ciiromon. (V. 21, p. 62.)
Dayton (ft IVestem. Leased to Little Miami, and
St. L.
About $90,00;i of
with that to Pittsb. Cin.
old ext. mortg. bonds of 1881, are yet out, which
will be retired shortly,

A

/>«/awur(i.— Leased

mortgage.

Stock $1,500,000.

(V. 24, n. 1 35 V. •». p. 4»».>
IHtkolah lfon/hern.—^\ie earnings of the road are
reported at t'Mi.OOO in 1877. and net earnings $IOii.ixi).
Second morle. bond-* for $600,0(^1 were cancelled and pref. stock issued. 8. fund is 4 p. c.
'79 and 5 p. c. afterwards. (V. S.5, p. «ai; V.2«,p,834.)
Itanbury (ft A'orM?oM:,--(iross earnings, 187t>-77,
exptnses,
fll>5.2l5;
net
earnings,
$114,961;
$60,276. (V. M.p. Ml.)
;

m

Dnmtlle, Vrbaoa, Boomington

A

Balti-

for 6 per cent on etock and bonds, but if .10
ner cent of gross eamiuErs does not pay that, the
balance is charged annually to Del. RR. In lb77, 30

(V. «, p. 141.)
p. c. was $125,941.
Delaware it Bound Brook.— yart of the rcw route
between N. Y. and Pbila. Gro-s earnings 1877.
net. *tiT,044
Floating debt,
(V. *!, p. 209, 257; V. ;:fi, p. 342.)
$'2:l.'*.466;

$£59."3S.

Delaware Lackawanna <t Western. —Operations
consist largely of coal nuning and transportation.
No annual report is made, except thai required to
the State authorities of Pcnn. For IBn the Income
account is given ihut:
Net earnings from 'ransportation
$4,411,868
1,M2,IW0
Lest loss in Coal Department, Ac

I'

$2479.197

Balance of earnings
terestonbonds...."

RentaU

»801,967
8,184,868—3.1187 819

for 1857

(V. 88. p. 415.)

inmberUind Valley. —Thii stock is owned in larfn
by Ptnn^lvanfa Railroad Co. Net earnings
1877, $2.'>4, 253.
I.arge advances have been made to
•

pjirt

branch roads.

by Phila. Wilmington

more

,

art

! tkeao Table*.

Boiut*—Priori
INTERIST OR DIVtDKKDS.
pal, When One.
Bale per When IWtaere Parable and by «ioeilc«-Last
Cent.
Pay'ble
Whom.
DlrMend.

4

7%M/i.-Thla

it

Loss for yesr 'STT

$908,021

The mortgage anihorixed for $10,000,000 Is to
take np prior bonds with $'2,F2i.00o, and the
balance for cish resources. The Morris A Essex
Railroad is leased
anteed. (V. -Jt, p. 1

and some of its bonds gnar8 1 805; V. 86, p. 457; V. 38, p.
,

191.)
Denver (t Boulder ratf«y,— This road it leased to
the Denver P,icillr.
Denver Fad/lc—lMnd grant. 1,100,000 acres. In
1876 gnxs earnings were $391,145; net eaminn,
$166,587. Receiver appointed April, 1878. O'-SS.
p. «8, 476; V. M, p S«, ««, 44, U«.)

. .

RAILROAD STOCKS AND BONDS.

XX

XXVII.

[VOT,.

Sabscribcrs ivlU confer a great favor hy glrins Immediate notice oT any error discovered In tbese Tables.

INTEREST OR DIVIDENDS.

DESCRIPTION.

Miles Date Size, or
Amount Rate per When Where Payable, and by
of
of
For explanation of column licadinss, Ac, see note"
Par
Koad.l Bonds Value. Outstanding Cent.
Payable
Whom.
at the head of flrat i)age of tables.
I

£on(/s— PrmciWhen Due.

pal.

S«ocA-s— Last

Dividend.

I

1

262
42

Benvtr <£ Rio wantle— 1st raort., gold, sink, fd
Arkansas Valley, Ist mortgage
Z>« Moines rf Fort Dodge— 1st mortgage, coniwn
Detroit. Lansing d North.— iHt mortgage
Ionia & Lansing, 1st niort., coup., may he reg
do
do
do
2d mortgage
Detroit A Mittoanlcee—lat mortgage bonds
2d mortgage, Apiil 28, 1850
1st funded coupons, Nov. 15, lS(tO
2d funded coupons, Nov. 13, 1863
Bonds of Juno 30. 18GG (conditional)

189

Sterling (Oak, & 01 ta. RR.) Oct. 1, 18.53, gold....
Dollar (Oak. & Otta, RR.) bonds, Oct, 1, 1853....
Ist mort. (Detroit & Pontiac RB.), April 1, 1851.
3d mortgage (Detroit & Pontiac RK.), Feb. 1854.
2d mortgage, (Detroit & Pontiac RR.), Jan. 1853.
Bonds of Sept. 1, 18C6, (Limit $:!00,000)
Bonds & mortgage on Detroit real estate
Dtibur/ue it: Siotir 6'i!«—Stock
Ist mortgage, Ist division
1st mortgage, 2d division (for $1,400,000)
IhitiHque .Sonlltirestcrn 1st mort., pref.,8luk. fd
iHl mortgage. Oct. 1, 1803
Dunkirk, Allcj/h. Valley d- I'itlsburg 1st mort., gold

—

—

2d mortgage
3d mortgiige
East Broufl foj>.—liit •noi'tgage, ivgistcrcid
Hast /"enHsi/ZiiuHia—Stock
Ist mortgage

Virginia
Oeorgia—Stoek
mortgage sinking fund bonds
East Tenu. & Georgia ($92,000 are endorsed)
East Tennessee and Virginia (endorsed)
2d mortgage to U. S. Goveniment

tJast Tennessee,

<£•

lat

Eastern

(

J/nss.)—Stock.

....

50-'56

-130

1856

.Je'xf.

—

1st mort., sinking fund (Evansville to Terre

II,)

.

c xtcnsion

Ohie.— 1st mort., gold

Bonds, coupons ($4,000,000 authorized)
Vere Marquette Stock
Consolidated mortgage, sinking fund
1st mort., land grant, 3d scries
Flint & Holly Rli. (siiik'g fund.$25,000 per year).
Bay City, E. Saginaw, Ist mort., guar by lessees
Bay Comity, Issued in aid, guar by lessees
Construction bonds
Holly, Wayne Ai Monroe, Ist mort., sinking fund.
Tlmh ing, Norlh.ihore <t C'en^— 1st mort. (Fl. & N. S.)

—

(£-

2d mortgage

(Fl.

&N.

1876
1860
1866

1800
1863

8112 1862
811^ 1865
81'2 1868

56
58

1869
1869
1869
1867
1852
1854
1800
1870
1873

49
91
51
109
23
55
55
189

1872
1808
1868
1867

65
58

—

1871
1869
1870
1872
1873
1870
1809
1871

;

10
100
100

&

7
7
7

V
7

570,000
1,998,400
291,700
92,300
2,193,000

£209

1,000,000
2,000,000
814,000
1,986,000

1,000
1,000

281,000
611,000

1,000
'&c.

500 &c.

125,.500

1,000
1,000

775,000
325,000

100

5,000,000

1,000

500,000
3,298,200
3,242,000
2.058,000

1,600

500 &c.
500 &c.
500

1,000

500 &c
500 &c
100 &c
1,000

Coal Company's furnaces

3'2g.

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

8

10
10
10
8
8

7
7
7

7
7
8

8

with a rjpacity of

20,000 tone pig iron annually.

Detroit Lansing

it

A'otM.—The old road was

East Pennsylvania.— Ije&Bei to Philadelphia
Reading. Dividends are 6 per cent per annum.

&

p.

888.)
Detroit <t

M/joawte.— Tills road was operated by

the Great Western of Canada, but defaulted in !87;i,
is now in process of foreclosure and 10 be re-orgaoized; see V. 2ti, p. 2:52. The Detroit & Pontiac
interest has been paid. In 1877 gross earnings were
(V. 25, p. aS4, 3S1: V. 26,
t92.5.12'.': net, *13t..Siri.
p. 117. 23-3, M4i, 367, 831, )l;i, ,')74, 5M); V. 27, p. 18,

and

40, 67.)

40B.)
,

(3/a^5.).— Company

embarrassed

1875.

general mortgage was made to fund the old issues
of de'it, bearing 3'^ per cent for three years, 4 per
cent for three years, and 6 for Ijnlance of term. In
1876-77 net earnings were $~99,:)17, against $683,.594
in 1S75-6.
The Eastern in N. IT-., a separate corporation. Is leased; see V. 215, p. 40.' (Vl 85, p. 590,
618; V. 26, p.

M8; V.

27, p.

1.5.)

Eastern S^ore.— Formerly leased, but now operated on own account since December, 1869. (V. 22.
p. 297.)

Dubuque <* Sioux C'i/y.— Leased to Itlinoi.? Central, in 1867, for 20 years, at 35 per cent of gross earnings

first

ten years, and

earnings were

.30

afterwards.

In 1876 gross

tiCd,'.I71).

Dubuque Soutlr,veiitern—Var\ey to Cedar Rapids, la.
Gross
(V. 26,

taiiiings, 1877,
p W64, 459.)

tl05,Sl*;

expenses,

$97,21.')

Dunkirk

Allenh. Valley it MI/tburg.—K consolidation. Doc. 1, 1872. Koad leased and bonds mostly

held by

New York

interest as rental.

Central

&

Hudson, which pays

M.

S.

M.

N.

Elmirijeff. &. t'annnf/oifl'i/o.— Originally lcase<l
to the New York
Erie Railroad Co. and operated
by it unti! May I, 18!;6, when the lease was transft-rred to the Nurtliern Central Railway Co., by

&

which

it

has

Elmira

it

i.ince

been

oiierated.

H'^i!^am»/«r^— Leased In 1868 to North

em Central for 999 years.
per year.

Rent amounts to

816,5,000

J.

Net earnings,

1876,

1883

Oct. 1. 1890
Julv 1, 1903
July 10, 1878
Mar. 1, 1888
April 1, 187C
July 1, 1900
1880 to 1886
May 1, 1886

Boston,

July 15, 1873

do

Sept. 15,1896

do
Newark, N.

May, 1902
1, 1888
1. 1888
JiUv 1, 1882
Sept. 1, 1887
Jan. 1, 1876
Sept.

May

do
Sav. Ins,

J.,

New York.

8.
J.
J.

do

N.Y.,Mecli., Nat. Bank,
N. N.Y., Chatham Nat. Bk,
N.
do
do

do
do

8.

N.

Jan.

May

do
do

i

Mar.

May
July
July

J. N. Y., St. Nfch. Nat. B'k,
J. N. Y., Farm's. L.& T.Co

do

O.

do

1,
1,

1901
1889

1,
1,
1,
1,

1902
1903
1900
1889
1891

Oct.,

—

Eurcp'ga

it North American.
DefaiUted In
A' complete statement of debt, inclnding
bonds pledged for loans, was made in V. 21, p. 315.
(V. 24, p. 468; V. 25, p. 113; V. 26, p. 18, 143, 41S.)

ville

&

CrawfoidsviUe.
preferred,

0i(i,3ir?:

$190,892.

(V. 20,

p;

Common

$100,000.

was the Evansstock

is

Net earnings

$1.1877,

£145,711. The company paid 2X per cent dividend
June, 1878. (V, 23, p. 499; V. 2.5, p. 456.)

f.ransriUe, Ttrre Haute it CTicflffO.— Gross earnings, 1876 7, $203,.371; net, $70,923. (V. 31, p. 136.)

—Leases Vt.& Mass.

above rental and
ing Sept.

Net income,

1876-7,

Interest. $2 -ie, 753. Notesoutstand
were $363,000. (V. 26, p. 94, 117,

80, 1877,

891, 548.)

Flint et Fere Marquelte.-Qmifa earnings 18T7,
$997,965; net earnings, $41ti,679, against $366,074 in
1876. Tlie lands arein live trnsls; sales in 1877, 8.508
acres, for $95,984; total riet sales to Jan. 1, 1878,
27.5,721
acres, for $2,2;7,4,36; lands yet unsold.
Coupors on consol. bonds pms<mI
3:35,779 acres.
Nov., 1875, and part were funded. (V. 24, p
T;
V.'2«, p. 411,548.)

29

Flushing, Nortbshore it Central.

— Now

leased to

KK. There are, in addition to above, *I3S,000
N.Y. & Flushing RK. 7s; $149,u00 North Shore 7s;
and $93,000 Whitestone & Westchester 7s. Com
pany embarrassed, Sept., 1877. (V. 35, p. 334, 452;
v. M, p 469.)
L. I.

Fonda, ,Tohnstown

it

GtoversviUe.—'^ei earnings

ISTS-i, $36,161.
Fin-i

Bri^ it Pittsburg.— Leased in perpetuity to the
Pennsylvania Railroad and transferred'to Penn. Co.;
the terms guarantee 7 per cent per annum on stock

East Bread To}). -Mainly a coal road, carrying and debt.
bituminous coal. On Hue of road are Rockhill iron 42S.)

Oct.,

Jime, 1890
Oct. 1, 1890

N.Y., MercU'uts'Ex.B'k.
N. v., Mechan. Nat. B'k,

Fitciiburg.

Eoftern

A

1883
1894
July, 1883

Evan/n'ille it Terre flijwfe.— This

penses. $668,92:1, and net earnings, $;i41,156; See
annual report in V. 85, p. 406. (V. 4.3, p. 4«!i; V.
2.5,p.

Various.
April 15, 1878

1875.

Dif Mcines li Fort Dodge.— Tin''- Is part of the
East Tennessee Virginia it Oeor^a. — Leases
Des Moines Valley, reorganized after f.ireclosure. Memphis
& Charleston Railroad for its own account
Of the bond!', Jl,luc,000 arc incomes. Cauporis of and risk, jiaying over net earnings.
Gross earnJf.n., 18;7, were funded.
(V. 21, p. 488.)
ings year endiu'.; June .30, 1877, were $1,010,079; exsold in foreclosure December H. 1816, and new
company organized by bondholders, who issued
tl ,874,600 common ftock and J2,.'i04,(XX) pref. stock.
Net carninss 1677, 82Sa,!l46. (V. 23, p. H'Mi; V. SB,

1880
1875
1875
1875
1875
July 1, 1886
Nov. 15, 1873
Nov. 15, 1873
April 1, 1878
Feb. 15, 1885
Jan. 1, 1878
Sept., 1 1886

1

M.'&N.

"h

200,000
300,000
1,500,000
500,000

(2),

May 1,
May 15,
May 15,
May 15,
May 15,

'

,000.000

1

M. &'8

1900
1900

.

100,000
75,000
47,405
1,000,000
800,000
400,000

1,600

&"j.
& 8

1,
1,

Boston and London.
Sept., 1906
J. & J. Phila., Girard Nat. B'k. Jan. 1, 1880
A. & O.
do
do
Apl. 1. 1886
6
5
Sept. Baltimore, N. Cent. RR. March, 1873
2>3
M. & N. Phila., Penn. R. R. Co.
May, 1878
do
do
July, 1878
J. & J.
3H!
J. <k J. Phila., Penn. Trust Co
Jan. 1, 1880
7
5
A. A O. Phila., Penn. R. R. Co. Oct. 1, '28(32
1% Q.-M. N. Y., Union Trust Co. June 10, 1878
do
7
J. & J.
do
July 1, 1882
A. & O.
do
do
April 1, 1890
7
J. & J.
do
do
J\Uy 1, 1898
7
A. & O.
do
do
7
Oct. 1, 1890
Boston.
Jan. 1, 1889
6
J. & J.
6 g. M. & .8 New York and Boston Mar. 1, 1899
Cik 7 A. & O. Boston, Second N. Bank April 1, 1899
London.
July 1, 1897
6g. J. Ai J.
7
J. & J. N.Y.,Farm. L'anA T.Co, Jan. 1, 1887
M.& N.
do
do
Nov. 1, 1'887
F. & A.
do
Aug. 1, 1880
do
M.
N.Y.,Farm.L'an
&
N.
&
T.Co.
May 1, 1900
7 g.
do
do
Jan. 1, 1903
7 g. J. <fe J.
Boston Office.
July 1, 1878
J. & J.
do
April 1, 1894
A. & O.
7
'

380,.50O

500 &c

Nov.
Nov.

Jan. 1, li)04
Jan. 1, 1907
Julyl, 1889

<fe

3
7
G

.500,000

100

17
13

Central of L. I., 1st mortgage
do
do Extension 1st mortgage
Fonda, Joliiislmon <£ Olorersrille Ist mortgage
Fort Wai/ne, Jaekson <£ Saginaw— 1st mort., coup.
2d HKMt. and cfiuipment bonils, coupon

—

3

7

1,000,000

500

M.

g.

7
10

81, .500

500
50
100 &c.
100 &c
1,000

J.

6

7

7

586,000

1,000

1874

283
283
190

8.)

DtiiCtr it Eio Qrande. Narrow-guage road (three
feet";.
The whole line as projected is 875 miles.
Building in comix tition w.th Atchison Topeka &
Sant'j Fe. Defaulted <iu cunpons May, 1877. (V. 34,
p. iH
V. 26, p. t9!»; V. 27, p. 67.)

100 Ac.
100 <fcc.
100
50
50

6

4
3

6

745,000

.

Flittt

1,000
1,000
1,000

ioo

100

Equipment l>onds
Europ'n <£ X.A »;.— 1st M., Baug'r to Winn.,Bang'r I'n
Land grant 1st mort. (2d mort. Bangor to Winn.).
Bangor & Pisc^'vtaquis, Bangor loan, 1st mortg.
Ist mcrt.,age, sterling, on N. Brunswick road
Evansv. rf Terre Haute.— l»t ni., Ev. & 111., s. f
it

1870

39
39
47
75
75
75

d Vanandaiffna. — Stock

Mnaneille, Terre Hunte
2d mortgage, gold
Fileliburr/—Sioe\c

50
lOO&c.
100

1850

Elniira tC 'Williamsporl ^tock common
Preferred stock
1st mortgage bonds
Income bonds, 999 years to run
Erie d ;'(7/,v6h)-|(/— Stock
1st miirtgage, convertible into consolii mort.
2d mortgage, convertible
Con solidated mortgage free of State tax.

Rock ville

1858

7

C&

450,000
2,000,000
1,000,000
200,000
500,000
1,309,200
495,900
1 ,908,274
3,019,000
862,400
147,000
190,000
4,997,000
194.400
700,038
12,522,338
400,000
200,000
500,000
500,000

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

282

. i

Es.nBx RR. 1st mort. (extended tor 20 years)
Old loans cxchangealilc (int. ceased Sept., '76)
Mortgage funding certifica cs
Eastern Hlmre, (.lf</.)— 1st mortgage, convertible
2d mortgage, convertible

Elmira

1803
1864
1803
1863
1870
1870
1870
1873

100
500
500 &c.
500

N. N. Y., Ruttcn & Bonn,
& N.
do
do
&
New York.
&
Boston, Co.'s office,
do
do
M. & N.
do
do
M. & N. N.Y.,M.K.Je8iip,P.& Co.
M. & N.
do
do
r. & J.
do
do
M. & N.
do
do
New York & Detroit.
J. & J.
M. & N. New York & London.
M. & N. N.Y.,M.K. Jeeup,P.& Co.
A. & O.
do
do
F. & A.
do
do
do
J. & J.
do
M. & 8.
do
do "
Various
Detroit office.
A. & O. N.Y.,M.K.Jesup,P.& Co.
J. & J.
do
do
J. & J.
do
do
& J. N.Y.,M.K.Je3up,P.& Co.
& O.
do
do
J. & D. N.Y., N.Y. Cent. & Hud.
A. & O,
do
do
A. & O.
do
do
J. & J. Pliiladelp a, Co.'s Office.
J. & J. Phila., by P. & R. RK
M. & 8. Phila.. P.
R. office.
A. & O N. Y., R. T. Wilson & Co.
J. & J. N.Y., Gallatin NaflB'k
J. & J. N. Y., K. T. Wilson & Co,
n. & N.
do
do
J.
J.
J.
J.
J. <k J.

103,200
5,000,000
290,000

Various

143
100
43
55
55
90
90
90
30
36
36
270
242
112

&

M.
M.

187C $500&c. $5,400,000
1870
1,000
1,040,000
1874
1,000
2,200,000
1877 500 &e.
1,897,000
1869
1,000
770,000
1870
1,000
81.000
1855 250 &c.
2,50(),000
1850 500 *c.
1 ,000,000
1800 Various
028,525
1803 Various
377,115
1800 500 &c.
] ,702,519
1853 100 &c.
1.50,806
1853 500 &c.
.51,000
1851
1,000
150,000
1854
250,000
1,000
1853
100,000
1,000
1866
1,000
110,000

88
182
59
59

Wayne, Jackson

i{-

5ag^»aw.— Traffic guaran

tee 4*) tier cent from Mich. Cent. Interest waa paid in
1817 of *65,O0O, coupon due Jan., 1877. on 1st mort
and $5.0r0 as third payment of $10 on 3d morl
Gross earnings, 1877, $354,
coupon of Oct., 1875
334; net, $109,669. (V. 36, p. %«4.|
,

t

...
.

JrLY27,

RAILROAD STOCKS AND

1878.]

a sreat

flabaortbera will oonfer

coliiinii ImadliiXH. *<•„ nee
tlip lipa<l of Unit i>»Kc of tul»le».

For ejplaimtlun of

lull

MiiDcie

iii/n(.

II

iC

Mllea

Date

of

of

note*

Oineinnali—lMt iiiort.,KOl(l.

1869
1871
1871
1873
1872
1870

91,000
1,000

109
109
26

.

<c

•215

50
35
232

l',()bo

4,'2<MI,0()()

1,403,000

100 Ac.
100

4,200,0(X)

1877

1,000

by

I'll.

RR)

.332

1809
1869
1873

i',6oo

332

($2,1<')'.>,0(M> iiic luiiil f;rant)

332
Income niorticiiKo bondH, tor #10,000,000
1,390
eraiid 7Vi(iiA-(Cii'i«'''i)— ConsoUdjitcd Htock
i;10,000,0(M)
hioik
N.w
f»i1).1>. nimr stock for i;-<,000.000 (act of 1874)....

1873
1875

1,000
1,000

£23
£100

do
let

jircf.

l)ond3, oonv. Into

l.>;t

jirof. ,'<tock

do

ad
do
oonv
Orea! Wmlrni (Canada)—<:omiiion
do
do

2d
3d

I'M

rrcd

r,

."i

[mm-

I

,

londs.

common...

1

St raort.,>?uar.by

350 58-'78
145 1871-2
1877
143

"77, '78.

State

.

£•20 !«

£100

3.50

coupon

bonds cxclninciMl for lionds duo 76,

;

i.Ilr d: I'lthiiiibid-

O:

495%

nlnclt

cent, convortlUle Into

Tiinrcs

•

.

New

mortffaKC

—

296

1870
1878

secured by l)!'.2,5OO,0OO I'd notes
1st niorticaw (Oulncy A Palmyra KR)
Ist uiortRa'.'e (kan.^as (;ity A Cam. KK.)
Barrisb., forlsm'lh, ML Joy <« iaiu:.— Stock
(H'l.ixw.OtH))

1st niortiraire
Barif.. Pror. iC FMkill—lat m. (R.
1st mort. (Conn.) (renewed
flo»j((r/OHiV— Stock
Prcf*'rre<l stock
1st niortKasc

(renewtKl)

I.)

15
53
54
54

^..,.

-

u.,.vt., !. Kr. (coupon, liut may bereg'd)..
.,me and indemnity l»«nds
Biinungiloii it Bioiid ro/>—l8t mort., gold
Iii-

Hit trtiruKc, jrold

100
100

1910
July 1, 1902
July I. 1890
Augiisto,Ua., RR. Bank. July 1.5, 1878
Bnst.

A
7g. A. A
M. A
7

«K

6g.

J.

A.
.r.

Various. F.

5g
5g

4g.
5-16
2'a

A

A
A
A
A
A
A

J.
J.

A
A
A

6

J.

A

8

M.

7

J,

8

F.
J.

5

6

1889

Oct.,

Iiondnn.

N. Y.,K. P.James A Co.
N. Y., Metrop. Nat. B'k.

A.

7

7

J.

rnarly to 1890

do
do

do
do

Vg.

July

do
do

do
do

O.
S.

O. London, at Co.^a Office,

do
do
do
do
do

J.

A.
J.
J.
J.

do
do
do
do
do

1897

1,

1899
1899
190S

N. Y.,Wlimlow,L.&Co.

April,
Jan.,

1877
1920

Periwtnal.
Irredeemable.
Irredeemable.
Irnuleembble.

AjnnI, 1878
London A Montreal,
April. 1878
do
do
PeiTCtual.
London Joint Stock B'k.
l>ci!., 1890
do
do
D.
Oct„ 1880-82
do
do
Columbia, Co.'s Office, 1881 to 1886
do
do

O.
O.

J.

n.ort}fa>ce .consolidated
Sciip for i>ast due coupons
lUinolg Cenlriil—Htiwk
Redi'mption, 1st and *Jd series

1869
1873
1866
1870
1873
1872

58
58
58

.,..'

1857
1865

707

1864
1875
1874
1875
1877
1869
1870
1872
1876
1876

sterlinx

BteiliiiK bonds, (sinking fund £20,000 yearlj-)...
>r«(rtKa»;(\ sterling
1. r. iH.nds, eoui>. (ili2 .000.000) M. onCIi.AHp.RR
Iniiiaiuijmlis, Blnoiuington it ire«(.—lBt mort., gold.

112
202
202
217

2ci niortj-'ajtc

lud liloiun., A W., Extension, 1st mort., gold
Indian' /nil in Dee. it «nf.— 1st M.,gld (for$l,800,000)
2rt mort.. (income bonds only til! July, 1881)..
Lftfiti/cttc
Stock
Indianttimfin. (*inrinna/i
Preferred stock (Issued Uir funded deltt lionds)
IndianaiMilis A Cincinnati of 18r)8
Indianapolis, Cincinnati A I.,afayette
,

83

—

if.

isi
184
90
151
179

do
do
do
Funded interest bonds, coupon
Kquipment l>onds, registered
...1. .'.,.,...
.'.;.'
<"in. A Ind., 1st mortgage
do 2d M., guar. (1^1,000,000 dne '77 ert. to '92)

1875
1858
1867
1869
1873
1873
1862
1867

20
20

6
7
7

£200
£200
£200
1,000
1,000
1,000
1,000
1,000
1,000

1,()00,0(>0

5,587,130
1,419,400
1,600.000
2,800,000
1,767,000
446,300

1,000
1,000
1.50 Ac,

3.33,000

Ac,

500,000

1,000
1,000

1,497,000

,T.

A

Y., B^k.

No. America.
do

1884-1887
Mah, 1885

A T. Co.

Jan. 1,1888

do
N. Y., Farm.

'

L.

A. N. Y., B'k. No. America.

do

J.
J.
J.

do

do
do
J Hartford, Am. Nat.
do
do
J

7

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

B'k,

Jan.
Jan.

Bridgeport A Boston.
A. Bridgeport and Boston,

July

J.
J.
J.

8

6A7
3

6

6g.
5g.

%'
7g.
8

l^-

7

7
7

7
10
7
7

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

Jan.,
Jan.,

July
July

Pliila., Co.'s Office.

J.
J.
J.

1,
1,
1,
1,

1892
1B86
1878
1883
1880
1880

1.5. 1878
1885
1889
1883
N. Y., Nafl. City Bank, July t, 1891
July
1, 1891
do
do
July 1, 1903
do
do

do

2,667.0(M)

50
100
500 Ac

500

F.

7
7g.
?«•

5,000,000
1,500,000
5,300,000
38,000

J.
8.

6

1,3.59,500

1,383.000
97,907
29,000,000
2,500,000
2,500,000
4,398,000
1 ,000,000

A
A
A
A
A
A
A
A

Q.-J

7

7g.
7g.
7g.

1,000

ido
300 Ac

"2'

6,227,000
2,303,000
940.000
3,292,000

416,000
367,500

t'..^.
„..'.

31a

500
500

18.54

10

700,000
481,000
],.574,000
820,000
300,000
150,000

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

Ang., 1370

7

1,182,.530

1.180,000
100,000

,

..

3d

566'Ac

1876

343
118
47
461

• y'oiisol.

i",6oo

50

96
120
120
74

K.'iiiiitnicnt bonds of 187:t
it Tejcai C'eii'.— 1st M., (main) gold, l.Kr.,s.f
let nnut.. West dlv. (Ilcnipstcad to Austin)
iHt M.. (told. Waco AN' west (lininond toWaco)

.Mortt-'airc lionils,

A

When Do*.

Bloek*-Uutti
Dlrldend.

April, 1896
April 1, 1891

do
II<iston.

7

9,168,700
5,083,024
3,000,000
4,000,000
300,000
500,000
1,200,000

1,000

18.53

261s 1876

. .

Bouftvn

)iii

300,000
300.000
1.200.000
3.218,149
2.327,808
7.166,910
£6,037,991
503,753
2,163,830
1,000.000
500,000
1,413.071
632,237

Boston, ORlce.

O.
O.
O.

I'-

4,000,000
3,349,000
316,000
£3,486,787
7,300,000
2,560,000

1867

mort. bonds of 1869

•<id

A
A
A

Og.
7g.

522,300
399,000

ioo
100
1853-7

Htatt* loan

Bomlii IHTO, I'onvcrtildo

Bd-

A.
A.
A.

/toni/j— PriDelpi<l.

1876

(for $2,.'>00,t)00)

(loninion stock
Baiiiiiliiil J- SI. Jogfuk
I'rc!, rn-d stock (7 |i. c. yearly, not cumulative). ..

MUsuurl

£100
Various

.N not ffuaniutccd

Jt,i»

7

3, 11 1, .300

do
do
i!d
Ac, secured by Rov'f biisliioas

g.

8

2,H<X),000

< jmadiiin dclMMitiirct
Kiiiiiinucnl mort., l»t on all rolliiiu Ktook

Postal bond.s.

7

600,000

332

Orniiil Ilauiilsif /)i(/i(iii«—Stock
1 »• m.irt., liiiicl KfiHit. (fold (jrmir.

aitr error dieeorered In ttaeee Tabic*.

INTKRE8T OR DIVIDENBB.
''^ P®' ^hen Where ParnWe, and by
Whom.
^.^^f;
p^y^ble

$1,800,000
500.000
500,000

500

do

molt.. Kold.

Oulila^lnir
outalandlug

1,000

iiioH^riiKo

«lo

Ir-t

Par
Value.

iMiprli—litt aMrtguiio l>ona8
Ottlttiitvn. Itiirrinb.if S.Antonio~l»l iiKirt, gold, l.Rr.
0<ll teuton, llriualon it limit, of 1 871- l»t mort
a«iucii, llhiini <( AV/i/rr— lilt iiKirt., «. t., il,o\A
»
Oeurgia Kiiili-mid it'llniikinu Co.—Stock

BomlH, not

or

Ruud, Bunds

liior! ^rii^ro

'2i\

Framinffhom

6lz«,

zd

BOiSDS.

br slrlnx Immediate notice of

Itevor

DKSCKIITION.
at

.

do

O. N. Y., J. J. Cisco

A Sou.

Phlladcipliia; Office.

do
do
do

do
do
do

Oct.

1,

1912

Oct.

1,'

1890

Feb.' I,

W95

AprU

1895

1,

1873
April 1, 1890
April 1, 1895
London.
Londoii,Morton R.A Co. April 1; 1903
Dec. 1, 1905
do
do
N. Y., Co.'s Office.
Jan. 1, 1898
New York.
Oct., 1909
do
Oct., 1890
1912
do
New York, Co.'s Office, Jan. 1, 1906
do
JiUy 1, 1906
do
Mcb.

N. Y., Co:'8 Office.
N. Y., Co.'s Office.

A.
F.

O. N. Y., Amer. Ex. Bank,
do
do
A.

J.

D.

do
do
do
do

S.
8.

D.
J.

New York and

1,

April, 1888
Feb., 189'7

Jimc, 1899

do
do
do
do

8ept.'78,'80,'83
Sent. 1, 1883

Dec, 1892

Boston. Jan. '82, '87, '92

I

Fbrt Warne, Mujidt it CT«ct«n<jtt.— Recelvef
appointed November, 1874. (V. 23, p. 898.)

Orand Trunk (Conado).—The above flsrnresrepresent

A Lowell. -Leased to Boston, ClinFitchhnrg: has also ('.2.^1,000 8 per cent notjs
TV. S6, p. 1««.)
Otosa
Oalcuton, Hanisbiirg it San Antonio.
earnings 1M7, $1.052,.')68; ex',>cn.ne8, };.WJ,i04; net
eaminiTP. »tjfli.'i63. A sinking fimd of 1 per cent
begins in ItiSO. The company has IB sections of
land per mile. (V.»>, p. 366.)
in 1882-3.

earnings

A

Hannibal

Otorgia Railroad <t Banking Company —The animal report for the last fiscal year, ending April 1,
1818, wag published In V. 26, p. 4t)H. A comparative
•talemeut for lliree years was as follows:
1876-7.

$I,141,f3S
6l:!,110
50ii,017

86, p.

Grand

were $1,931,-165: net.
$7;».">.4;8.
The bonds
Interest chirge, $6W.0OO.
secured on land notes have a sinkin? fund of $2-^.000

1877 H.
$l,0i3,71J
7Jr,:o)
886,014

r

^:

i,

(V. 25, p. 162, 186, 2!;, 381, 40J, 43i. 592;

RR

it

Lan-att^.-l^nn'i

which owns a majority of the stock.
Hartford, ProvldMceJk .FlsAtUf.— This road forma

to

Penn

,

a part of the proposed '.ine of the N. Y. & New
England Railroad. Gross earnings 1876-7, $897,044;
net, $215,938. (V. 2«, p. 87, 304; V. 84, p. 166; V.

Indbma.—Qroff carninss

$1.0;i7.1u7; net.

'

I

I

;

Gross earnings in 1878 were $270,441; net.
Interest passed on 3d mortgage bonda.
(V. 24, p. 206; V. 24, p. 369.)
Central.—
The general mortg. of 1974 prolUlnoU
vides for all bonds outstanding. It is limited to
has become interested
The
Company
$15,000,000.
in the purchase of tiie N. O. Jack. A Gt. Nortli. on
in the
foreclosure, and has a similar interest
under consolidated
Missi.-sippi
Central,
sold
mortgage. In July, 1877. took the Chic. * Sj-ring.
under lease, ard isaaed the bonds secured 00 that
road. The annual report for 18?r(V. 26, p. 164)givea
causes for decrease in earnings, prospects. Ac. The
032,800.
$143,815.

following
Year.
1977
1376

is

a com|>ari9on for four years

Gross
Kamlnga.
$6,6fM45

Net

Interest,

*e.

Earnings.

$se8,i>Jd
$8,546,561
616(792
7,040.969
2,144,776
661,098
8 670,081
1875
7,808,556
413,610
2,775,368
7,900.731
1871
(V. 24. p. 111,134, 158, 368, 444, 5;8; V, aj, p. 434,
4o8; V. 26, p. 164,548,574.1

India '•aim'.lt, Btoominaton it irwf^m— Default wa»
maBe July. 1874, and decree of foreclosure made

390,625.)

p. 242,

$348,745, against $316,5J7 i* 2Tp. 16.)
Uni'uarantecd Ixuids are secured bv the
/Jftva^onic— Lease < Berkshire Railroad, Stocksame mort'.4a!;e as thegnaraiitecd on the land grant. bridge & Pittsfleld, and W^est Stockbrldse. Orosa
•'
E.t. Lnnd Orant Bonds" to the atnouct of fl.ORi).earnings in 1876-7 were »5'-9,407; net, $154,630. (Y.
000 were a part of the original $l.f»iO.ii<)0 nnsaaranL2.J,;). 'i32; V. 24, p. 274.)
teed bond*-; they were redeenie(i and jir j no longer a *
J/ouiton .t 7Vj;<w Central.—Gton eammga for ten
lien on the Itinc). though still am t ^aijyoiuhe roinl.
Since Dec, 1875, 1st raortOTse bonds wd'uAsd Sy monihs ending Feb., 1878, were $4,35i).4t']; net.
'$'i3:;T97.
Company owns 5,240,000 acres land
alnktnff fund are rep aced by income bonds U-ntii
to Continental Improvement -Co. The. Peiin. mil- iyiiinst flrst and coniol. mortgiiges, and other lards
income bonds. (V. *S, p. 8B7; V.
nn4
lots
against
road virtnally bny« the c«Hpoiii» .paid by ft, and
holds them
(T. 44. p. S « ' V. •», p. 3S4: V. '.'6, -Ji). p.4'V, 290, 831.
''
t). 9;, 19-3, i3S, 44S, 54H, («s )
niintiilgdon it Broad Tt>p.- Ctepital stock is $4,1877,
187G.

.

dk

vear.

llarrUDuri] PoTtsm. Ml. Joy

468.)
Rapids

Jmeph.—lihe company has about
land notes, and about 100,0i)0 acres yet

it St.

ta,5()0,C00in
unsold. In 1877 ctoss earnings

In May, 1875, this company, with the Centr.il Oe'>rgia,
pnrciiascd at foreclosure sale the Western Railroad
of Alatiaina. (V. S4, p. 466, 488, ««5; V. 8i, p. 90;
V.

510,

Granville it Columl>la,—Tbia company defaulted
but compromised with its bondholders. Net earnings 1877, $180,614. (V. 22, p. 110; V. 46, p. 547.)

Otaera, Ithaca it Saijre.—SoM Sept. 2. 1976, and
re-organlzed, this mort. being the old I.
A. mort.
(See V. 23, p. 838, 304, 451; V. !M, p. 110.)

1875-6.

25, p. 450,

)

1876. 1309,116.

Tot. p'.carng's... $1,191,344
Operalg expenses.
611,677
Net earnings
558,646

In half year
Interest, rent ds. Ac,

Oreat Wetttrn (Canada).— The above figures are
given In pounds sterling. Company opej^es several
roads in Canada, amountli^ to 3 3 milet, and the
Del. & Milw , 189 miles. For the half jear ending
Jan. 31, 1878, th« gross receipts were £167.'3:B7;
working expenses, £.317,604; net eaminira, £149.63-).
(V. 85, p. 113, 186, 617; V. 26, p. -365, 443, 574

—

Oairenton, Hoiulon it Ihndereon.—Net
(V. U, p. 135, 181.)

Net earnings

467; V.

A,

due

ster.-lng.

1, 1878, £'3iH,441.
£190,I9>).
(V. -34, p. 396.
618; V. 26, p. 265, 443.)

Framingtiam

ton

pounds

ending Jan.

first

Mav, 1877. Receiver's certificates issued to considerable SMiount. 'iho Danville, Urbana, BloomNet eammga
ington & Pckln is part of this roail.
of maiu line in !8:6-7, 8319,5b7. Wettem extenaion
deficit ou -peratious, $4.3,K)6. (V. 85, )>. 62, 168, »57.
401. 511; V. 26, p. 67, 190, «», 470, 548; V. 87, p.

In

41.)

Indianapoti', Cincinnati

<t Lctfayetle.-'nie

com-

and Mr. Ingalls, Prealdenl;.
Gross earnings lffrt-7»
appointed receiver.
ivaii'
$1,811,209; expenses, $775,436; ceteamlngs. $5S5,-

pany defaulted

.luly, 1S76,

(V. 84. p.
28, p. «65- 6»,)

78.3.

181,273; V,

85,

p. 18i.

880; V.

rinllanapjliti, Decatur it Springlldd -This embraces the former Indiana ft tlllnola Central. Tba
.iccond mortL'agu is Isined to holders of old I. ft l.C.
firsts, and till July. 1891, Interest Is payahle out of
Gross eamiSgs^
net earnings only, if 'iiflJcient.
•
(V. 25, !>. 5U.)
l::7»-7, $1«1,V}5; net, $l7,7t;9.

..
.

RAILKOAD STOCKS AND BONDS

zzu
Subscribers

ivlll

[Vol. XXVI.

confer a great lavor by Klvlng Immedlats notice ot any error discovered In these Tables.

INTEREST OR DIVIDENDS.

DESCRIPTION.

Ifonrfs— Prinei-

Miles Date Size or
Amount Rate per When
par
For explanation of column beadingm, <fec., see notes
of^
of
Where Payable and by
Outstanding
Cent.
Pay'ble
Road. Bond^ Value.
at the bead of first page of tables.
Whom.

jHdianapoHs d- St Louis— 1st iiiovt.,
2d mortgaKc
Equipment bonds

Indianapolis it y«u;enHe«— 1st mortgage, guar
2d mortgage, guaranteed
Jnternalional if Gfeat Northern— Cimsol. stock
International, Ist mortgage, gold
Houston <fe Great Northern, 1st mortgage, gold...

Northern 2d mortgage
Funded foiiiion bonds
Jowalalls it aioux City— Stock
Ist mortgage, April 1,'69
it (it.

.

Mad.
do

Jeff.,

Joliet

<t

&

mortgage
f. $15,000
2d mortgage.

Ma^lison, Ist
Ind., Ist M. (s.

do

Northern Indiana— 1st

i)er yeai).

1.59

by M. C.

159
44

niort., guiir

2d mortgage
Sansas Cili/, St. Joseph <t Council Bluffs—Stoch
1st mortgage. Council Blulfs
C. Bl.,

1869
1870
1867
1869
1862
1866
1870

ido
500 &c.
1,600
1,000

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

4I3

Junction, rh iUulelphia-let mortgage

Kansas City, St. Jo. &
do
do
Kansas PaciJic—StocTt

1.000
1,000
1,000
1,000

1876-8

J effersonviUe, Madison d Indianapolis—Stock

&

1,000

1871
1872
1874
1874

184
250
9
38
226
86

Jacksonv., I'eus.d- Mob.— FloritUi State bonds, gold..
Jefferson (Pa.)—1 st & 2d morts. (Haw ley Branch)
1st mortgage (Susquehanna to Cavt)ondale)

Indianapolis

$1,000
1.000
1,000

500 &c.

il7
117
519
204
255
204
255

International 2d mortgage

Houston

1869
1870
1871

71
71

in 3 series

&, St Joseph
mortgage
income '.ionds,

100

274
52
274

reg.

1866
1877
1877

.

1,000

100 &c.
100
100

$2,000,000
917,000
500,000
1,700.000

7

1,4,50,000

6

7
8
7

,

Indtanaitotv! A, St. Louis.—Ot the l«t mortea^e
iKindB series "A" are J. & J.; series "B," M. A S.;
series " C," M.
N. The stock, $600,000, is owned
by Pennsylvania Co. and CI. Col. Cin. & Ind. BeIcnes to Pern, system, and leases the St. Louis A.
T. H. In 1876-7, net carainRS were $191,432.
Foreclosure puit pending. (V. 24, p. 495: V. 26, p.
98, «14, 6:4; V. 27, p. 41.)
Indianapolis cfe Vincenne.<t. Is contro'led by Penn.
Co , through stock ownership, and interest is guaranteed by Penn. Railroad.
Net earnings in 1S15

A

&

—

were $38,708.
IrUemaibmal

(V. 30, p.

426.)

Great Northern

1

7

7

1%
7
7

7
7
6
6

A

Council

7
6

"eg.

(

7g.
1

5

7
7
7
7
7
7
7
7
7
7
7

7
7
7
7
7
8

8
8
3

7
7

2I3

7
7
10
10
8

7
1

6
7

Bli^s—The

rraoo).— A con

A

JaeixmvlUe, Pensacola ct Mobile.— Th\B road is
mortgaged for a like amount of Florida State bonds.
and IS held by the state ard noticed for sale April

do
do
do

June, 1879

'&"j.

J.
J.

ife

&

A.

Boston, at Office,

F. '&'A. N. Y.,

(V

25, p. 407, 450,569: V. 2«, p. 593, 391,
420, 470, 51.«, 62i, 65';
S7, p 16,41.)

V

Jan.
Jan.
Jan.

do
do

do
do

J.

O.

Bk

of

1,
1,
1,

1880
1907
1907

Commeroc. Aug. 1, 1895
June 1, 1896
1895 to '97
May 1, 1899
Jan 1, 1896
July 1, 1916
July 1, 1880
Sept., 1886
Oct., 1879
April 1, 1903
March, 1833
June, 1885
1904
1884
1880-1002
Aug., 1901

A A.
Aug., 1901
A A. N.y., Chase A Atkins. Aug. 1, 1879
A A.
do
do
Aug. 1, 1878
J. A J.
July 1, 1900
Q.-J.
July 1, 1900
J. A D.
Dec. 1, 1903
A. A O
Oct. 1, 1882
A. A O.
Oct. 1, 1879
M. A N
May 1, 1885
J. A J
Jan. 1, 1880
A. A O.
Oct. 1, 1892
A. A O.
April 1, 1999
J. A J.
July 1, 1385
A. A O.
April 1, 1986
J. A J.
July 1, 1392
M. A S.
Sept. 1, 1986
A. A O.
April 1, 1998
C'd'O a
P. A A.
a
Aug. 1, 1906
o
a
J. A J
Jan. 1, 1990
J. A J
July 1, 1937
July 1, 1887
J. A J
J. A J
July 1, 1888
A. A O.
April 1, 1879
J. A J.
Var.toJuly,'97
J. A D.
June 1, 1994
Q.—J.
Pittsburg Office.
Julv, 1879
F. A A. N. Y., Winslow, L. ACo.
Aug., 1995
A. A O. N. Y., B'k of ('ommerce. Oct. 1, 1899
J. A J. New York and Boston.
July, 189!)
M. A N.
Boston Office.
May, 1890
1892
do
Fel)., 1897
F.AA.
Philadelphia Office.
April 15, 1878
J. A D. Reg.atoffice, cp.B'kN.A
•iune, 1898
M. A 8. Philadelphia Office.
S<^pt., 1910
F.
P.
F.

Efi

•

94.3.

Interest is paid on bonds by cities
for 1876, V. 33, p. 304.

and towns.

Annual report

A

Jfi««.— Formerly leased
Lafai/ette Blootnini/ton
Bloom.
Wab.
W.; now te Laf. Muucic
(V. 33, p. 353; V. 24, p. 445, 488, 518.)

A

to Tol.

A

Lufaielte Munc'e A Btoomlnytmi.— la hands of
(V. 24, p. 468, 518.)

receivers.

Lake Shore A Michigan Southern.— The report for
months ending Jiine 30, 1878. sh.jwcd surplus
income an])licahU- to dividends of $9i4<.'213, against
$445,347 fo same time in 1877. See V 28, p. 645.
The following shows a summary for the years named r
^:x

187S.

1875.

'I

ion).

1900

& D.
do
do
Payable •a by transportation.
7 g. M. & N. N. Y., liOnd. A Frankft.
7
M. & N. N. Y., Bk of Commerce.
7
M. A S.
do
do
7 k- J. A J. N. Y., Ix)nd. A Frankft.
7g. M. A 8.
Now York.
10
A. A O.
do
7g. A. A O.
New York.
7
M. A 8. N. Y., Bank of America.
7
J. A D.
do
do
7
A. A O.
New York Office.
A. A O.
do
8
do
6
Vaiious Bath, First Nat. Bank.
7g. F. A A.
New York.

Kansas Pa<;.— In 1877 gross ear'ngs were $3,3'<4.7 4,
and net earnings $1,387,777, against $1,'28(',467 in 18 6
and $1.57-J,K80 in 1875.
he earnings made on each
mortgage division are shown in V. 26, p. 192. The
land grant is in two trusts, 3,MXI,000 acres in the first,
from the Ist to the 880th mile (on which $708,371
rotes for lands sold were outstanding .^pril, 78). and
Jowa Falls it Sioux C?(j/.— Leased to Illinois Cen- 8.000,000 acres in the second, Irom SSOth mile westwaid, on which about f 375 UOJ land notes were h- Id.
tral at 35 per cent, on earnings.
The company, in November, 1876, went into hands
Iron Mountain, Chester dk Eastern.— Thie was for- of receivers. Important negotiations for control by
merly the Chester & Tamaroa. Bonds are in de- Union Pacific mate in May, 1878, and afterwards a
fault since 18T3, and forecloenre sale ordcrel. (V. disagreement between the parties.
Foreclosure
33, p. 614.)
pending under the flrft mort. of IR6!> (Denv. ext-^u<t

J.

A.
A.

J.

the securities as issued
since re-organization. Annual report of operations
in 1876, and outline of plan for isfue of securities
In V. 25, p. 63. (V. 22, p. 2:13, 495; V. 26, p. 39i».)

solidation of the International and the Houston
Great Northern. Interest passed and funded in 187-,
and funded coupon bonds are now %i ;87,6 0. Has
a land gram. Receiver appointed April. 1878. Net
tamings, 1817. $466 248. (V 83, p. 403; V. 24, p.
S99; V:26, p. a4J, 547).

do

City B'k April 1, 191T
do
Jan. 1, 1900
do
Feb., 1904
do
Feb. 1, 1904

,T.

"7'

—

St. Joseph
is made of

do

& O. N. Y., Nat. Park Bank. April 1, 1899
& J.
New York.
1900
& J. Honcsdalc Nat. Bank. 18R7 A 1889
& J. N. Y., by Eric Railroad. Jan. 1. 1889
Q.-F. N. Y., Fiu-ni. L. A T. Co.
Miiy, 1878
M. & N.
do
do
May 1, 1881
A. & O.
do
do
Oct. 1, 1906
J. & J.
do
do
July 1. 1910
J. & J. N. Y., Farm. L. A T. Co,
J. &
Philadelphia Office.
Julv 1, 1832
A. A O.
do
do
April 1, 1900

J.
J.
J.

Junction (PhU."* Owned by connecting companies.
Cost of road $898,334; paid-up stock, $185,000.
City,

N.

Q.-M.

A.

8

40.)

Kansas

&
&
&

F.
F.

7

interest of bonds; still in litigation. In Jan., 1878,
a 7 per cent bond, guaranteed by M. C, offered.
(V. 3<. p. 567; V. 34, p. 445; V. 25, p. 593; V. 36, p.

above statement

M.&
J.

I'-

673
140 1865
1,000
253 1866
1,000
394 1865-7
245 1869
1,000
34 1866
1,000
427 1866
.".O Ac.
1870 250 &c.
1871
1,000
1876
33 >3 1873
I'obo
99 1853
1,000
3d mortgage
99 1855
1,000
Keokuk <e Des Jfoin««— Ist mortgage
162 1874
lOO&c.
Funded interest bonds
2,54,800
1874 100 &c.
"49 '69-'72
Knox <£ ii/ico//i—lat mortgage
2,395,000
JjaJayeUe Itloominglon d if i»«.— 1st mortgage
82 1871
1,600
1,300,000
Lafayette Maneie d Bloomington—lRt mortgage
37 1871
666,000
1,000
Xtdke Shore <t Michigan Soittnern—Htock
1181
100 49,466,500
Guaranteed 10 percent stock
100
533,500
Coneol. Ist mort., (sink, fund, 1 per cent) coupon
864 1870
1,000
do
do
do
registered
864 1870
1,000 \ 7,925,000
2d mortgage, do. (for $25,000,000) coup, and reg. 864 1873
1.000
9,206,000
Income bonds, coupon or registered
1,000
3,294,000
1872
Mortgage bonds of Oct., 1869, sinking fund
864 1869
1,000
888,000
iBt mortgage, sinking fund, JI. S. & N. I
451 1855
1,000
5,256,000
2d mortgage (C, P. & A. RR.) registered bonds
95 1859
1,000
1,000,000
3d mortgage
do
95 1867
1,000
1,000,000
Lake shore dividend bonds, April, 1869...
258 1869 500 &c.
1,393,000
l8t mortgage (C. & Tol. RR.) sinking fund
162 1855
1,000
1,595,000
2d mortgage
do
162 1866
1,000
849,000
Buffalo & Erie, mortgage bonds
88 1862
1,000
200,000
do
de
88 1866
1,000
300,000
do
do
88 1868 500 Ac.
2,844,000
Dct. Monroe & Tol., Ist mort., coup., guar
62 1876
924,000
1,000
Kalamazoo & White Pigeon, 1st mortgage
37 1869
400,000
Schoolcraft & Three River. 1 st mortgage
12 1867
100,000
Kalamazoo & Schoolcraft, 1st mortgage
13 1867
100,000
Kalamazoo, Allegan <& Gr. Rapids, 1st mortgage
58 1868
840,000
do
do
stock, 6 per ct. guar.
610,000
51 1863 1,000
Jamestown & Franklin, 1st mortgage
422,000
do
do
2d mortgage
51 1869
1,000
500,000
ioiorenee—Stock
22
50
450,000
iBt mortgage
17 1865
1,000
341,000
Jjeavenworlh Ateh. <tN. If.— 1st mort., guar
21 1870
600,000
1,000
Jjcaven., Law. <t (?«(».— 1st mort., l.gr. ,8;f ., conv
145 1869
1,000
5,000,000
Kansas C. & Santa Fe, Ist mort., guar
32 1870
1,000
720,000
Southern Kansas, 1st mort., guar
10 1872
160,000
Lehigh t6 Lackawanna— 1st mortgage
15 1867
300,000
Ijehigh ya/ici/— Stock, common audpref
301
50 27,228,855
1 gt mortgage, coupon and registered
101 1868
1,000
5,000,000
2d mortgage, registered
101 1870
1,000
6,000,000

Ist mort., gold, coup., on 140 miles west Mo. Riv.
1st mort., gold, 140th to 393d mile
2d mort (to U. 8. Gov.) on 394m. west Mo. River,
let M., 394th to 639th mile, I'd gr., 3,000,000 ac'e
l8t mort., coup., (Leavenworth Branch)
Income bonds, coupon, 3d mortgage on 427 miles.
Ist land b'ds, ep, or reg., gold, on 2,000,000 acres
2d land mort., do
do
do
Consol. funding mortgage
June. C. & Fort K., Ist mort., gold, land gr., guar
Kentucky Ceii(raJ— 2d mortgage

Various N.Y., Union Trust Co. July 1, 1919
& O.
do
do
Oct, 1, 1900
& J.
do
do
July 1, 1881
F. & A. N. Y.,Farm. L. AT. Co.
1908

A.

A.'&O. N.Y., National

2,907.000
2,787,620
4,625,000
2,960,000
4,000,000
300,000
2,000,000
2,000,000
397,000
2,409,000
2,000,000
800,000
500,000
300,000
2,789,413
500,000
4,493,428
2,488,000
10,000,000
2,240,000
4,063,000
6,303,000
6,404,000
600,000
4,275,350
1,605,250
1,500,000
1,500,000
600,000
844,000
237,000
2,300,000

When Due.

Dividend.

J.

5,500,000
3,264,000
4,084,000
2,0.52,000

pal,

1877.

Miles
1.176
1,175
l,i;«
Gross earnings.. $14,4,34,198 $13,949,176 $1.3,505.158
it,574,88.')
Operst'g exp^es. 10,58; ,500
8,963,965

Net earnings....
Stock

.3,902,697

60,000,000
37,774,tOO

Total debt

4,374,341
60,000,000
87,534,000

418;

2-1, p. 33, 254, 638; V. 24, p. 16,
V. 36, p.
645.)
16, 83, 330,

(V.

510;

4.541,193
60,000.000
.37,274,000

V.

25, p.

443,

£omr«n««.—Leased to Pittsb., F. Wayne A Chic,
on gross earnings. Lease transferred
to Peansylv'a Company. Net earnings, 1875, $84,177.
Biuking fund has $14,000 bonds. (V. 20. p. 435.)
at 40 per cent

L'avenuorth Atch.A N. IV.— Operated by MIcsonri
Kentucky Central.— "YMs was formerly Covington
A Lexington. The company purchased the Mays- Paciflc.
an ; V.
ville A Lexington road.
In •Iune, 1ST8, it paid a
tea^wortft, Lawrence A OoitiMWn.— Defaulted
Lea^iivort/t,
*"
J^erson. -Leased to the Eric Railway Company, dividend of 3 per cent on prefeired stock of $500,000 oh interest Jijlv,.i873.
"
" Uced for sale in
Noticed
it forecloswhich pays interest on the bonds. (V. 14, p. 638.)
and I per cent on common stock of $4.5!Ki,(i00.
ure June .% 18Sf. (V.86, p. 265. 430, 61 U.)
Gross
earnings
1877-8
teig.SW: net, $346,691. (V.
JeffertontUle, tfadison <t Indianapoiie.—Ltas'eA
MMlf^.A Lackcwanna.- Operated by Central of
Jan. 1, 1873, to Penn^ylvania Company for interest 24, p. 445; V. 36, p. /.»3.)
and tinidng fund of bonds, and 7 per cert, a year
Keokuk A Des ifolnes.—The stock is $1,824,000 ;i(«w Jersey as a coal road.
on stock. Lease guaranteed by Penna. Railroad. urcf. and ${,400,000 common. Coopons due Oct. I,
LsA£^\ Fd^.r^This company's earnings are chiefiv
In 1877, gross earnings were $1,177,916; net earn- 1877, and April I. 1878, funded into scrip. In May, from anthracite,. coal. Inc groj^s income from all
ings, $499,a33. (V. 36, p. 192.1
18 8. lea^od to Chic. lik. I. A Pacific on basis of a
sources, in 187U'-7, was $7,lii0,8f8: net $3,987,396.
MUt Jt Northern Indiana.—Tilch. Central offered guamntec ot new bonds at 6 per cent. (V. SU, p. The Co.'s n^rt gives no general balance sheet,
to extend with a 6 per cent, bond, bat court decided i 1 T; V. 25, r. 312; V. 36, p. 4,0, 523, 546.)
nor the cost or value of its miscellaneous investJiUkt total rent wust be applied to principal and
Kfwx A Lincoln.— Id 1877 net earDings were $46,- mcDte. Of the E. A Amboy mort., $5,000,000 have
8, 1877.
p. 40,

(V.

&,

p. 158; V. 21, p. 63, 3S6, 576;
33, p. S13.)

V. 34,

'

"

.

July

BAILROAD STOCKS AND BONOS.

97, 1878.]

••bserlben will eoBftr a sreat

fltror

xziil

kr clrlac ImniaAlata notle* or aor arror 4l*e«T«r«« la tkaa* TaMaa.
B»n<J«— Prlnol-

INTKRWT OR DIVIDENDS.

DKSOBIFTION.

MIlea Date Size, or
Amount Rate per When Where Parable, and b}
of
Par
For explanation of ootumn beadlnga, Ac, sae note* of
Outfltaudiug
Road. Bonds. Value.
Cent.
Puyablt
whom.
at tlie bead of tint page or tables.
Trhidii Vanrii-( CoHtinuetl )—
( oiiw)l, iiiort.,

&

Ka«taii

({i)l<l,

* & jB (H. fil.

1 p.c.

Aiuboy, iHt iuortK»K**

Delano I^ikI (Juinpuny

LewUburu Centre

(for

vMy

)

o.

$10/'

Am

232
00

cnduraecl
.Spruce Creek— l»t mortgage

it

I.oiiatutpl,

<

riitrrordsn.

rf S. If.

Luno Isliiiiilstmk
I

HI

iii(ii-tK;i>;(\

123
123
31
31

cxtPiidcd 1H77
of liid.—lat mort., g.

92
158

OH
4
10
19
05

New York & Kockiiway, (tiiar
Smith tow A I»ort JcHorsoii
II

/,«.— LoiiUv. I'lKto LouUv.A Kraakf.)
Loutgvilli' Cincinnati & IxixliiKtou, 1st mort
New niortuM*.'"". i<>n|H>n, for iil.OOO.OOO
Louitrillf ,t Xiuhrillt- .Stiu'k
LoiitHvilli' loan, main stoiii (no mortgage)...
I.«!lian(>n branrb, l^nilsvillc loan
Lebanon branch. 1st inortitaKc
do
oxtftiuiion, Loulsvillu loan
ConRolidattxl 1st niortgime for ii!8,000,000
2d mortxaicc bondi.. kiiUI, conii
MemplilH & Ohio. iHt iinirt., sterling, guar
HemphlH & (MarkHviUe br., Ist mort., sterling.
if

i

17.5
17,5

392
392
130
83

LoieeUa Lmrrenfe—Stuck

12

Luktitt Valley—8lock

20
77

Moron if A itt/H.ila—lst mortgage
2d niort. ('lulorsed by Georgia Railroad
Madison Forta{je—\»K mort., cold
Mahoning Owi/.— Ist mortgage, coiii>on

39
43
26
355
355

*ff

Maiichealrr it £«ir/rn<«—Stock
Maitie Central— Htock
iBt mortga^ff. cinisolldated
^
Bonds ($1,100,000 loan) A. &. K.
Extension bonds, 1870, gold
Maine Central b>an for $1,100,000
I«e<l8 & Kannington Kailroa<l loan
Aodroscoggiu Railroad, Batb (Mty loan
Portland ic Kenncbe<', 1st mort., extended

RR

38

"33
22
188
188

it:

Ist mortgage, sterling

,

2d mortgage
3d mortgage

do

do

&

Ist mort., guar,

by M.

.

&C

1st

100 Ac.
100
l',6<>0

1867
1869
1870
1872

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

1872

100
100
100 Ac.

mortgage

"56

44
94
109
292

£200
£200

1,100,000

496,500
756,800
633,000
425,000
217,300

100
100
500 Ac

1869

1,000

1872
1871
1872
1873

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

1877
1878

800
284
284
284
103
10

Equipment bonds
Kalamazoo A South Haven, Ist mort., guar
do
do
2d mort., guar

1872
1869
1874
1870
1870

39
39

"7

849,000
225,000
77,000
333,000
7,070,000
2,000,000
3,500,000
2,336,730
200,000
600,000
400,000
370,000
600.000
1,480,000
1,000,000
3,620,120
3,898,600

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

25

292

6
6

5,0<><),00O

1,166,700
1.50,000

300,000
2,450,000
1,050,000
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

1,000
1,000

1,600
1,000
1,000
1,000
1,000
1,000
1,000
1,000

706,000
5,312,725
1,260,000
1,000,000
2,264,000
600,000 p.m.
18,738,204
1,501,000
556,000
8,000,000
1,900,000

200,000
556,000
640,000
70,000

8g.
a
7

7
7

7
6

7
7
6
6
7
6
7

I't'7

7

?^'
5
"7

6

««•
6

6
6
6

««•
7

?«•
8
8

7
4
7
4

7
8
8

8
10

"7
7

I«t'S
8
7
S
8
8
8
8

—

Oroas earnings
Operating expenses.

p. 16, 335,

Net eimlngs

3,a«i8,()61

.

Funded debt
Floatlngdebt
• Anthracite.
p. 67,

:i,ltli,82J

tl.TOl.ta? »:i.ao i,8% 83,:K5,8I4

Capital stock

V. «,

J,8I2,750

87.(i98,«t7 2T,-.-.«,9«) •J7.a»,85.'S
»,129,000 24,1811 000 »4,301,000
4«).a08
8.35,813
(V. 81, p.
V. 23, p. 283;

110;

340.)

ZiiUU Jf iomi.— This company leases the Colnmbas

S Zenia, and both are

lea-sud to P!lt.<hur", Clncln.
& St. Louis, guaranteed by Pt-nn. Rli., lessees
asecmint; Intnrest payment on bo-ida and 8 per cent
on stock.
Net earnings, 1876, (I,. M. A O.
X.)
taa«,555. (V. 20, p. 4*7; V. 34, p. 4».)

natl

A

5!3.)

New

All>any dS St. Louie Air-Line.—
This road is projected from Louisville to St. Lonis,
and has 88 miles built. To be sold in foreclosure.
Louisville,

357,

V. 88, p. 8v8.)
Lauiemile ±}fa»hvlUe. -In 1876-7 surplus above
For eleven months
int. and rentals was $350,003.
ending May 31, 1878. net earnlng.4 were $2,090,787 in
Gross earnings
1377-8, acainut 81, :«6,895 In 181B-7.
of msin stem, branchos and leased lines in 1876-7.
$5,315,:ji!6; net, $8,140,580.
Nashv. A Dec. Is leased,
and Ihibilities for the S. AN. Ala. are assumed.
(V. !», p. 41, 33i, 356; V. 88, p. 148, 653; V. 87,
(V. 20, p. 16,

4.53;

V.

81, p. 86;

p. 68.)

Lowell

<t

Lanirence.—Lenaei t» Boston

A

Lowell.

(V. 25, p. 357.)

ZAUU Eoekit Fort Sm«A.— Foreclosed Dec.

10, 1874.

Re-organlr.ed and stock issued for old bonds. Net
receipts, 1876, ».')1,044; In Iftl, $1U,I<B. (V. «,
p.
'
V
i"
63; V. «8, p. MK.)

.

LiitU 3cAu!/lkm.-leMe& and operated by Philadelphia A Reading. Dividends, 7 per cent,

tooaiuport, CrawfordnUU it S. W. of Ind.—'De<re« of sale made. The total lUbllilies. September
1875, reported at $4,097,000, of which »32.>,(X10 were
receiver's certificates. (V. 22, p. 63; V. 88, p. 428.)

Long Wan</.— Gross

earnings, year ending Sept.

30, 1876, «l,1.3t,75S; net earnings, $:»3,B08 (Including

leased linen from May 1) ; interest and rentals,
$876,331.
Nctearnings tor three years before, were:
1874-5, $813..'i01; mri-4. $.117,831; 1872- -1, $i«.5.a8.
In Jan., 1876. a sale of stock was made to Mr. Poppenhaseo. and this roid aftcrwlrd leased ihe Flash
Ing No. Shore
Central, and the So. of L. I and
went Into Receiver's hands October, 1877. (V. 88.
p. 112: V. », p. 384, 43S, 510; V. », p. SOi $92.1

A

,

I/ukenD Faulty.— Leased to Summit Branch Railroad st $68,500 per annum. (V 85, p. 113.)

—

MacoA tk Au^Ata. Leased and operated by the
Georgia Railroad, which guarantees all the bonds
except $1(X),000 of flrst mort','age. Gross earnings,
1377-8, $99,787; expenses, $l(M,M;r. (.V. 26. p. 468.)
Madison <t A>rt<i9<.—Controlled br Chic. Mil. A
St. Paul.
Gross earnings, 1876. $31,896. (V. 86, p.
459.)

Mahoning Cboi.— This coal road runs from AnO to Youngntown, O., and is leased to tue
Like Shore A M. 8? for 85 years froji May, 1878, at

dovcr.

,

40 per cent of gross earnings.

Manchester

it

£awr«i«.— Formerly operated with

the Concord RU, as one line. Net earnings 1877-8.
$100.4.58 snainst $10D,4» In 1876-T. (V. fc, p. 39;

V.

8:. p.

O.

do

A.

Loui^viUe, Cincinnati <t Lexington.
Sold in
foreclosure Oct. 1, '77. tor $731,000 to 8d mort. bondholder..*, subject to above liens.
New co. organized
with J-.MUO,000 stock. (V. 84, p. 170, 469, 565; V. 25,

356,433.

J

Boston.
Philadelphia Office.

J.

been issned to L. V. Company. A comparative
statement for three years Is as foHows:
-1874-5.
1875-6.
1876-7.
•Coal (tons) moved... 8,277,187 3,95l.iil:l 4.361,124
$ti,ni6,49.'S $7,1)49.646 $ii,4Si,0:)8

Cincinnati.

A

I.

7
"7'

6«.)

Jfain^ Centril.—Tt\e total oarnings fnrtheycar 1877
wcruJl.iiM.iiT; operating expenses. $1,003,.M8: net
earnings, $<i5).6»^-sutncient to pay $60^519 for
Interest and rents, and letve s balance of t<7,t79.

1804

Various

3>9

9,00;),218

5>9

Marquelle. R. it O— 1st mort., I'd gr., M. A O., coup.
Ist mort., rd gr., H. ic O., coup
2d mort., land grant, M., H. &0.,coup
3d mort.,
do
do
do
Uemphui <t Oharlejiton— stock
1 St mortgage, convertible
2d mortitage
New con«ol. mortgage, gold (for $4,700,000)
Metropolitan (N. Y. CItvl— Ist mortgage, $or je
Michigan <Vn<»-«/— stock
1st mortKage, convertible, sinking fund
Ist mortgage, convertible
Consolidated mortgage (for $10,000,000)
Miehlgan .\ir Line mortgage
Michigan Air Line 1st mort., assumed by M. C

2

I

100

30

7

106„50O
250,000
600,000
100,000
3,000,000

1,000
1,000

J.

1.">,()(M)

l,121,,50O

500
500
500

C

Baltimore RR., stock

do

'500

1856
1863
1863
1868
1873
1871
1872

1870
1868
1871
1861
1863
1865
1870
1869
1861
1861
1866
1870
1873
1866

"72

do
consolidated mortgage.
Belfaot A Moosebead, 1 st mortgage
Vaiu/Uld
Framingham—lat mortgage
Marietta rf ('iMcirtna/i— Ist mortgage, dollar

do

50
500 Ac
100 Ac
50
500

1860-1

19

do

Cincinnati

1877
1870

J.

7

l,.')OI),OOI)

2,650,000
2,646,100
492,000
1,500,000
3,300,000
175,000
150,000

ioo

77.

.

4tL inortga«cfor$t,0O0.000
Scioto A f iDcking Valley RR., 1st mortgage.
Bait. Short Line, stock, 8 p. c. guar by M. &

1,600

737

,

1,000
1,000

1875

1860
1364
1868
1873
1871
1871
1851
1867
1877

r\t('U8lou

l»t luoiiKiiKo, (iloneovcBr
l»t iiioitKiii;!!, inulii
Nowtowii A Kliuhliig, giuir

Louitv.Cin.

1853
1864

81

When Due.

aUtekM-ljutt
Dividend.

A D. PhlladelpbUt Office.
1898 A 1933
A "j. Philadelphia OIBoe.
Jan., 1892
.M. A N.
May 1. 1902
June 9, 1878
Q.— M,
Cincinnati.
rf; A N. N v., Bank of America.
May, 1883

^-

4.tillS,l)OI)

1,5

"50

lUU

Rwk

fiiiid,

91,000 $13,301,000
Held bv L.V,
1,600
1.0!),. 000

19

Miami—Slock, cuiiiiuou
l»t iiiortK'aire
8tro<>tc'oniiiwtlonb(liiOolutly wltliCiu.i& Ind.KR.)
Littk
,f Fort «mt(A— New stock
lot M., Ill ),'r't (T.MI.lNIOavH) a.fund (for $3,000,000)
Lillle

LillU lleh iii/ll.-ill—HUtvk
let iiiiirlitH!.'<', aiiikliig

1873
1877
1872

IxiikIm,

l>al.

A
A

J.

Q.— F.

AA

F.

N. Y., Jones

1,

189S

July, 1878

1882
Aug., 1900
1873
1H90
1884
July, 189R
May, 1903
April, 1901
8<ipt., J 901
Jau., 1881
Jan.. 1897
1907
July, 1878
1886 A 1887
1886
Oct.,

A Schuyler.

Oompanv's

July

Oltloe.

N.Y.,8t. Nicholas N.Bk.

A N.
do
do
M. A N
do
do
M. A N.
do
do
A. A O.
do
do
M. A 8. Dro&el, Morgan A Co.
J. A J. N. Y., Bank of Araerioa.
J. A J
do
do
A. A O.
F. A A
Louisrille.
A. A O N. Y., Drexel, M. A Co.
Various
do
do
Louisville.
M. A N.
A. A O.
do
A. A O. N. Y., Drexel, M. A Co
M. A N,
New York.
J. A D. London, Baring Bros.
F. A A.
do
do
A. A O
Boston.
Q.— F.
Philadelphia.
J. A J, N.Y.,M.K. Jesup.P.ACo
J. A J.
do
do
Now York.
A. A O.
A J N.York, Union Trust Co,
M. A N. Manchester and Boston.
Bost.,Nat. B'kCom'rce.
A
Bost., N. Bk. Commerce
A
do
do
A
A
do
do
Portland.
A
Boat., Nat. B'k Com'rce
A
Portland, Me.
A
Bost., Nat. B'k Com'rce.
A
Belfast and Boston.
M. A N
J. A J. Boston, Bost. Nat.Bank.
F. A A Bait., B. Garret A Sons.
Loudon.
F. A A.
M. A N. Bait., R. Garret A Sons.
do
do
J. A J
do
A. A O.
do
do
do
M. A N.
do
do
J. A J.
J. A D, Bait., Merch. Nat. Bank
do
do
M. A N.
do
do
J. A J.
J. A D N. Y., Company's office.
do
J. A J.
do
F. A A
do
do
do
do
M. A 8.
M. AN. N.Y.,R.T.Wil»onACo.
do
do
J. A J.
do
do
J. A J.
N.Y., Central Trust Co.
J. A J. Mew York and Boston.
Boston onice.
A. A O.
A. A O.
do
M. A N. N. Y., Farm. L. A T. Co.
do
do
J. A J.
do
do
M. A N.
A. A O.
do
do
do
do
M. A N.
do
M. A N.
do
,W.

Nov., 1880-'85
Oct, 15, 1893
April, 1898

Nov.

1,

1883

Dec., 1901

Aug., 1902
Apl. 2, 1878

May, 1878
1887
1879
Oct., 1890
Jan., 1902

May

1,

1878

Apriri,""l912

1890 to 1891
Oct., 1900
July, 1898
July, 1901
July, 1891
AprUl, 1883
Oct. 1, 1895
May 15, 1890
July 1, 1889
Aug. 1, 1891
Aug. 1, 1891
May 1, 1896
July 1, 1890
April, 1908
May 1, 1898
Jan., 1878
Dec. 1, 190i
Nov. 1, 1877
Jan. 1, 1900
June 1, 1892
July 1, 1891
Aug. 1, 1892
Sept. 1, 1903

May

iV 1880

1885
1916
1908
June 1, 1878
Oct. 1, 1882
Oct. 1, 1882
May 1,1902
Jan. 1,1890
1890
April 1, 1883
Nov. 1, 1890
Nov. 1. 1890
Jan.
Jan.

1,
1,

July,

There were sold $1,011,000 of consol. bonds in tbe
year to pay floating d<!bt. (V. S2, p. 36 1>; V. 21, p.

344; V. 85, p. 187; V. 86, p. 341.)
Mansfield it Framingfiam. Leased to Boston,
Clinton A Fitihbcrg, at 85 per cent ot gross earn(V. 20, p.
ings. Consolidation made June, 1875.

—

6ia.)

A CincinneUi.—Cn^iM stock Is $14,000,
Gross earnings for the year 18711 were $1,637,expenses, $1,891,870; n.4 earnings, $345,181,
against $371,484 net earnings in 187V The Baltimore A Ohio Railroad made large advances for
construction, Ac. l^efault was made in 1877 and a
re -elver was appointed in suit to foreclose the 4th
mortgage. The flrst m'Ttgage homlhotder-i complain of the piyment of iotere-t on guiranteea
which are inferior liens to their own. (V. 84, p.
3i4; V. 85, p 808, 335, 5t9; V. 86, p. 816, 848, 496.)
Marietta

000.

05i:

Marquette. Houghton <t Onfono^on.—This is a
Ontonagon and
consolidation of Marquette
Ontonagon, and operates S*i( miles.
Houghton

A

A

acres, chiefly timber and
Net c.irrings, 13n>
$2,806,600.

Lands amount to 485,000
m'oeral.

Stock,

$»47,'^S7.
<t CTarJsfton—This road was leased In
June, 1877, to the K Tenn. Va A Ga.RR Co. An Important negotiation was also made In the eameflscal
year, placing the comp.inyina much better financial
condition. See full account in V. 86, p. 115. Of the

Memphis

new con»ol. mortgage $1,400,000 is secnc«dbyold
Tenn. State hen for $ I, TSii.QOO, asstjpied to a trustee, and enough is reserv,d ro take up 1st and8d
mortgages. (V 8<, p. 804; V. 24, p. 519. 565; V. 25,
p. 855: V. 86, p. lli.)
Michigan Central.—Ttii fiscal year will hereafter
end with Dec 81. For seven month-, June-Doc.,
I-.T7, net earnings on main line and branches were
Floaiing debt has been paid off. The
$l,81'2.4flfl.
Jackson L.A 8. debt is assumed by Mich. Cent.,
which slso pays ?n,nni) per year on the stock, onethird of which It owns; the proceeds of J. L. A 8.
lands go to pay bonds. (V. S6, p. 519.) Interest

VM

;

.

RAILROAD- STOCKS AND BOND

XXIV
Sobserlbcrs

[Vol. XXVII.

confer a great favor by givlns immediate notice of any error discovered In titese Tables*

nvlll

DESCRIPTION.
&c., see uote»
at the hciMl of first pajio of tables.

For explauatiou of column hoadincs,

Miles

Date

of

of

Size,

or

INTEREST OR DIVIDENDS.
When Wliei'o Payable, and by
Payable
Whom.

l„-„„^

Road. Bouds

Mich ignn Crntml—fCoitliii neil)—

Grand River

84
84

Valley, Ist mort., guar. 5
2d mort., f,niar
stock, Kiiar
Detroit & Bay City 1st moitsa^o, endorsed
do
mort gasc (not Kiiar M.C.)
do
^ conp.
Jackson, Lansing
Saginaw Ist niort
do
Ist mort. (N. of Win.), eonv. V may
do Cons. m. on whole line (300m.) J he rg

1866
1869

$1,000
1,000

$1,000,000
500,000
491,200
424,000
118 1872
1,906,000
118 1872
1,000
1,277,000
&
116 1865
1870
680,000
1,000
2,001,000
23B 1871
1,000
ilUwaukee <£ Xoilhern 1st mortgage
2,134.000
126 1870
50 &e,
Milwaukee, Luke Shore tt ires(er)i— ist m., gold. . ..
1,000
730,000
127 1875
Mine Bill it Sch lii/lkill Hanit— stock
50
3,969,600
140
Minneapolis «6 Si. i.— 1st JI., Miii. to Kioux C. June,
1.000
433,000
27 1877
Istmortg.ngc, Hioux City June, to Iowa liuc
1,100,000
93 1877 500 &c.
1st mortg.. -Minneapolis to White B. Lake, guar..
280,000
13 1877
1,000
Mississippi t£ Tennessee Ist mortgage, .series **A".
100 1877
1,000
1,000,000
Ist mortgage, series " B, " (a second lien)
100 1877
1,000
1,100,000
Missoxit'i, Kansas t£ Tejrts— stock
780
100 21,403,000
let m., gold, sink, fund, on road and land (U.P.S.Br)
182 1868
1,000
2,433,000
let mortgage, gold (Tebo. & Neoslio)
349,000
100 1870
1,000
Consolidated mortgage, gold, on road and laud.
786 1871-3 1,000 14,752,000
2d mortgage, income (for .•flO.OOO.OOO)
786 1876 500 &c
6,025,500
Hannibal ii Central Stisaouii, l.st mortgage
800,000
70 1870
1,000
Mistouri Paci^c—Stock
800,000
299
100
iRt mortgage, gold
283 1868
7,000,0001
1,000
2d mortgage (sinking fund $30,000 per annum).. 283 1871
2,60t),000
1,000
Real estate (depot) bonds
800,000
1872 500 &c
Debt to St. Louie Coimty (no bonds)
700,000
3d mortgage
299 1876
i',6oo
4,500,000
Carondctet Branch, 1st mortgage
250,000
1873
1,000
Missoxivi R., Fori ScoU it Oui/— 1st m. 1. gi-, s. f
161 1869
5,000,000
1,000
2d mortgage, coupon, may be registered
161 1870 500 &0.
1,947,000
Mobile d- Oiranl—'iCi mort., end. l)y Cent. Ga. RR..
300,000
85 1869
1,000
Mortgage bonds issne<l to Central R. R. Ga
1,000,000
1877
Mobile ei Monk/.—Stocii, (Authorized .$3,022,517.).
ise
2,794,800
i'eo
Mobile <t Oh io Stock
5,320,600
516
100
Convertibles per cent bonds
977,550
1873
1,000
Ist mortgage, sterling
£225
5,643,000
1853
Interest bonds
100 &c.
1,517,300
Interest bonds, sterling
769,920
£100&e
Tennessee subs., Ist mortj^age, sterling
1871
1,668,000
1,000
Special mortgage (Mississippi, Gainesville & Tex.)
21
33,000
1871
2d mortgage
100 &c.
1,431,207
Consolidated niort^jage, gold (for $1.5,000,000)...
1874
1,000
(?)
Montciair x- (I. Lake.— li^t mort, new ($700,000)
40 1875 100 &c.
700,000
2d mort. (issued for old firsts)
100 &c.
1,800,000
Montgomery i£ Enfaula 1 mort., end. Viy Alabama.
80 1867
1,000
1,040,000
1 St mortgage, not endorsed
330,(KX)
80 1870
1,000
Montieello d- I'ort Jercis Ist mortgage
23 1870
500,000
1,000
Morris <i Essex— aXoiik
137
50 13,000,000
let mortgage, sinking fund
84 1864
250
3,000,000
2d mortgage
84 1866 500 &c.
3,000,000
Convertible bonds
vari'ae
284,000
1,000
Construction bonds
573,000
1871
1,000
Gen. m. & 1st on Boonton Br. &c. (guar. D.L.&W.)
34 187J
4,991,000
1,000
Consol. mort. (for $23,000,000) guiir. D. L. &
137 1875
4,321,000
1,000
Special rea estate mort gage
1,025,000
ifashvule, (Jhattanooya tC AV. iouw— stock
345
6,575,295
Bonds to U. 8. government, 2d mort
1.000,000
1871
Bonds endorsed by Tenn
1,100,000
New 1st mort. (for $0,800,000) coup., reg'ble ..
340 1873
4,700,000
1,000
let mortgage on branches
75 1877
300,000
1,000
Xashville <£ Dccaiitr— Stock, guar'd
p. c. by L. d^ N.
122
1,512,000
let mort. guar. s. f
122 1870
1,000
1,837,000
2d mortgage
122 1867
206,000
500
Nashua <£ Lowell—Stoc^
54
800,000
100
Bonds for fi-eight depot (gold)
200,000
1873
Jfaugatuck—Stoci.
57
100
2,000,000
JV'cftro^An— Consol. mort., guar
133 1877
1,836,000
1,000
/fesquehoninr/ Yalley—Btock
leifl
1,300,000
50
Newark, Somerset d- Straitse., O. let mortgage.
44 1869 500 &c,
800,000
Newcastle <£ Bea ter Tallei/— Steele
15
605,000
50
Neto Hacen d: Derby— let «& 2d mortgages
13 eskito 500 &c
525,000
New Hacen Xorlhamp. (canal RR.)—Stock
100
2,460,000
100
Mortgage bonds, couiwn
92 1869
1,294,000
1,000
Bonds convertible, tax free, coupon
885,000
1,000
Holyoke & Westfleld RR, leased, 1st mort...
"io 1870
200,000
1,000

do
do

do
do

100

—

—

—

213

8
8
8

8
8
8

7
313
g.

7 g.

7g.
8
8
"e'g.
7 g.

.

1

—

—
—

W

I

—

rf)

,

pasted on the Detroit & Bay City bonds, not guaranteed. Nov., 1875. D. & B. C. net eaniings in 1877

were

$97,281.

(V. 25,

p. 11.

332;

V.

SB, p.

V.

Noethem.—Tv/o coupons were paid
payment was resumed in .Jnly,

<t

is

leased to Wisconsin Central.

Milwaukee, Lake Shore

<t

Western.— So\A in fore-

closure for t2,509,~!i8, Dec. 10, 1875, nn purchased
toy bondholders, who made this new first mortgage
for $750,000. Net earnings, 1876, $57,479. (V. 21,
I

p.

'277,

5al

V.

;

dk SehuiilkUl ,W'i».-n.— CenBcil to
Reading,
1£6I, for 999 years;

dolphia &
May
cent dividends on stock.

Minneipolis

<fe

Sf..

Louis.— thii load was com-

The bonds
nnmbered from 1,101

30.)

1877. $1)611,0:17; net, $224,560,

!

now (nnder adjustment) is t776,*)'-',
The M.K.&T. bonds and U P.S.Br, bonds

sold.

draw
grant

4 I er cent io 1878 and
is about 4,565.142 acres.

470. 623.

.549,

5 in 1579-"'. Land
;V. 56, p. 363, 392,

625, 653.)

Jfiwourt Pa<;i)!c.— Gross eannngs in 1877. «.3,984.448; operating expenses, $4,321,855; net $l.t;60,0f6.
Kcorganized after the sale of the roid nnder 3d
.*iort£ags, Sept. 6, IS16, for i3,(;00.000. ijtockboldere

8

J.

'^4,

p.

6

?«•
7

u
7
7
7
7
7
7
7

London.

sale

Bvfaula.— Was
t2.

1^77,

1 877-1 S32
Jan. 1, 1904

do

& J. New York or London.
& A. New York, C'o.'s Oftioe.
do
M. & S.
do
M. & S. N. Y., G. Oixlyko & Co.
&

J.

M.
F.
J.

P.
A.
J.

New York'&Nashville.

A.'&'O

6
6
3

7
!»"•

7
g.

1. 18T8
1881 and 91

April

N. Y., V. K. Stevenson.

'&"j.

J.
J.
J.
J.
J.

7

do
do
do
do
do
do

do
do
do
do
do
do

March 1, 188d
June 1, 1900
1890
Jnlv2, 1S78
1914
1891
1900
1889
Oct., 19«1
June 1, 1915

N. Y., Union Trust Co
N. Y., Del., Lack & W.

& J.
& N.
& A.
& J.
& A.
& O
& D

J.

do

do

D.

Q-J.

4

& J N. Y., V. K. Stevenson, July 1. 1913
Jan. 1. 1917
New York.
& J.
Juno. 1878
& J N. Y., Drexel, M. & Co, July 1, 1900
Oct., 1887
A. & O. Nashville, Co.'s Office.
May 1, 1878
Boston & Nashua.
M. & N
Aug. 1, 1893
Boston.
F. & A.
Jnly 15, 1878
Bridge-iKirt, Conn.
J. & J.
Oct. 1. 1390
Boston.
A. & O.
M. & S. Philadelphia, Co.'s oflice Mch. 1. 1878
M. & N. N. Y., Union Trust Co. Nov. 1, 1889
& D

Newcastle, Pcnn.
Q.-J.
Various N. Haven, E.S. Scranton

7
3

7

J.

6
7

A.
A.

180,495;
noticed

Y'ork and London.
Mobile.

P.

1

5
7

for

to have been sold

but postponed by an'

Moriis (ft &«CT.— Leased in perpetuity to the
Delaware, Lackawanna & Western.
The lessees
all liai)ilitics and pay 7 per cent on stock.
Report for 1676, V. W, p. 3!*ti; for ls77, V. 26, p.

assum

Nash., Chatt.
St. Z,.—Gross earnings of 1876-7,
$1,632,276; expeuees, $9ge,23i; net earnings, $706.-

1893

Dec. 1, 1883
Nov. 1, 1883
1876 and '33
1883
1901

London.

Mobile.

New

1885

July 31, 1878

Co.

J.

(V. 26. p. 17; V. ift, p. 5' 7.1
MonHcello <t Port ./frits.— Defaulted in 1873. Sold
July 7, 1875. (V. 20. p. 35B, 38-3; V. n, p. 39, 592.)

*

New York and

N.

M. & N.
6g. M. & N.
7 g. J. & J.
8
M. tt N.
Mtii-ch
8

16, tiS.)

191.

a

&

New York,

8

Moiitc'air tit. Greer, wood /.aA'tf.— Re-organization of
old Montciair road sold in foreclosure. Rece.ver
Disagreement as to
appoint) d, October. 1877.
reorganization. (V. 26, p. 67, 60;i, 62.5. 6.53; V. 27, p.
<t

J.

1,
1,

1899
Jan.
April 13, 1890
Jan,, 188»

office.

N. Y., Drexel, M.

ji.

Oct.

York.

do
N.Y., Nat. City Bank.

Q-M.
g.

Feb.,

Company's Oflice

Y.,

do

O.

2»2g

8

Aug.. 1888
July, 1691
Jlay 1. 1892.

Louis.

St.

N

4

26, p. 166, 256, 844, 496, f58.)

Montriomery

&
&
&

A.

I

appeal.

interest charge

(V.

— Foreclosure

^et income n

Annual

J.

August 19, 1878, nnder first mortgage.
Plan of
adjustment (see V. '23. p. 451). Gross earnings year
ending Aug. 1, 1877, $2,083,278; net, $189,485. (V

inforf closure Nov.

1877 over taxes S'.Wi.-'ll.

Boston, Co.'e

10
10

May, 1890

do
do

do
do

New

'& J.
& O.
& O.

Haven.
do
do
do

Julv, 1878
1898 to 1900
Oct., 1874
Jan.. 1899

April "80 & '82
April 1, 1891

The following payments were made ia addition to the operating expenses
^438,1'20
Interest on bonded debt for the year
16,f27
Ititereston lloating debt and exchange
21.827
Tax-s in Tennessee
1,913
Taxes in Alabama
!9S,08.?
Two dividends of IX per cent, each
Difference in cost of steel over iron rails,
30,967
25 per cent on $1SS 871
Cort (.f extra ties u»ed in laying 32 miles
5,760
sietl tail, tXX) to mileextia
Cost f new bridges built iu excess of ordi-

012.

:

nary repa

II

rs

,763

$723,012
Cumberland & O. road is leased, with a guarai tee of bone 8.
The debt to U. S. and bonds endorsed by Tenn. are secured by deposit of 1st mort.

Total

bonds.
.3.57,

(V. 23, p. 80,

476,

482;

V.

2ii,

18

I

;

V.

24, p. 321;

V.

ii, p.

p. 528.)

Decatur. - Leased May 4, 1871. to LoBNashv. Co. for thirty years, lease guarantee!sville
ine interest on bonds, and 6 per ct. yearly on stock.
Nashua d: Lowell.— ^ei. recei. ts in 1877-3. $96 759.
Notes out are $2'25,nno. (V.24,D.564: V.26.p 624.)
Na'foatuck.-'Net earnings 1876-7, $227,927. (V.
'23, p. 622: V. 25, 11. B16r)
The old
A'eftra*t«.— Formerly Miiland Pacitic.
bonds were to be exciumged for these guar, by the
Bar. & Mo. in Neb., to which the Nebraska road in
leased. See V. 'is, p. ,885, 641.
Nfsquehonliui FatVy— Leased to the Lehigh Coal
A Navigation Co. at a yearly rental of 10 per cent
dividend n the cipital stuck.
Newark Simerset <6 Straitsv.—heiiscA to Sandusky
Mansfield ^t Newark. Guaranteed by Bait. & Ohio.
New Cattle tS BedVfr K^tt-y.— Leased t.> Pittsburgh. Fort Wayne & Chicago, and lease transf.Tred
Nashville

Missouri, Kansas Jk TcakM.— Latest report, V. 26,
p. 365. Gross earnings 1877, 81,197,821
net, *1.018,664, against $1,W1,8?3 in 1876, and Sl.St.O.wa in 18'6.
;

J.

A.

27, p. 68.)

V. 26, p. 418.)
Motile & Ohio.

&

26, p.

New

6g.

V. 24, p. 542.)
Mobile <fc Monttoniery.So]il in foi-eclosnre. November. 1874, and stock issued to old bondholders.
Old mortgage debt vet out. $275,000. Gross ea-n'gs,

of the 8l.ino,0(X) mortIo 1,4)0, fr J.'iOi each,
<|150,000 In all) are guiranteed by the Burl. C. R.
Northern Railroad. The bonds on the 15 miles
were issued by the Minneapolis Jfc Dulutii RR.

V.

O.

N.
mont'ly
M. & iJ.

p. 549;

8 per

Mississippi <C 7V;!«<;««(!«.— Gross earnings 1876-7,
$433,440; net, ^512.768. All tlic debt is consolidated
in the mortgage of 1H77, consisting of series ".\."
preferred, and series '' B," 2(1.
The debt to State
of Tenn. is paid. (V. 23, p. 621 ; V. S5, p. 154, 6 1 7

&

7

—

Phila-

pleted in 1877.
jtage.

J.

7

1904-1906
April 19. 1911

N. Y., Company's Offlcc,

&
M. &

Mobile (fc Girard. The Central Railroad of
Georgia endorses these bonds, and holds the 4 per
cent mortcaize bonds for advances made. (V. 2;j.

25, p. 308.)

nine Hill

*'.

jlissouri River, Fort Scott
©(^/".—Interest pa.'ised
Oct.. 1878. and subsequently.
Coupons overdue
.Tan. 1, 1878, $2.127.5.50.
Receiver appointed April,
1878.
Gross receipts in 1877, from road and land",
81,004,54 ; net, $W63.89I. (V.2), p. 493, 565; V.
25, p. 308; V. '26, p. 312, 391.)

(V. 2«,

& O.
&N
& A.

J.

&

in stock, but cash
1876. It
p. 233.)

,

June, 1903

do
do
do
do

do
do
do
do

i; D.
Various

I'- A.
7g. M.

of old company brought suit to annul the sale.
Default was made on carondclet Branch bonds, Oct.
1. 1877, and compromise bonds at 50 per cent were
ofEered Jan., 1878. (V. 85, p. 235 ; V. S6, p. 41;

417,

574, 653.)

Milwaukee

J.

8

Dividend.

& J. N. y.. Farm. L. & T. Co. July 1, 13><fi
July 1, l-*7'.i
& 8.
do
do
July, 1S7S
do
do
& J.
1,1902-3
May
& N.
do
do
1902
& N. New York and Boston.
1,1 ^S.'i
.July
& J. N. Y., Farm. L. & T. Co.
Mayl, 1-J90
do
& N.
do
1, 1891
Sept.
do
& S.
do
& D. N.Y., Merch. Exc. N.Bk. Dec, 1901
1895
Jnnel,
& D. N. Y., S. 8. Sands & Co.
& J. Philadelphia, P.cfeR.Co. July, 1878
1907
Jan.
1,
& J. N.Y., Continental N.Bk.
Feb. 1, 1927
do
& D.
do
1907
1,
Jan.
do
do
& N.
& O. N. Y., Central Trust Co, April 1, 1902.
1902
July 1,
do
do
& J.
.Tan!,'i'iB99
& J. N. Y., Union Trust Co.

8

7

.Bojirfs— Principal, when due.
Stocks— tstal

i6

A

1

to Penn. Compaiiy.

NewlTaren

(fe

Derhi/—'Set earnings

187fi-7. $4fi,47.'..

New Ilaven city guarantees the $225,(t(H) 2d ni. bonds.
New Ilaren tt Northampton.— Qmaa earnings,
1876-<,

$.56l,.^ii6;

operating expenses, $333,132: net

earninip, $231,214.

(V. 26, p.

17.)

.

aOLT

RAILROAD STOCKS AND BONDS.

27, 1878.J

abaerlbera

a Kre^t n>Tor bf BlvInB Immediate notlee of anr error diseorered in (beee Table*.
/ton<<»— PrlnotINTEREST OR DIVIDENDS.
Miles Date Size, or
pal, wbeo One.
Amount
of
of
Par
Rate
per
Where
Parable,
and
headlnKa. A,e., vee uotcs
When
by moekt-UuA
OutHtMidlug

vrlll confftr

DESCRIPTION.

I

Fur

t.'xi>lanAtlon of ooliiiiin

at the

lioatl

page of

2<1 limit >ta>r<'.

Jrixni

if

Road. Bonds.

tublea.

iliillaml ~l»t mort., g'ld, giiar. I>y N. Y.&

A'. J.

Ntw

of flrat

O

iTiiiioy

I'll

Srw Ynrk—lat mort.

$1,&0U,000|

(for

N. J. Siiiilhrni—lnl luortKage
AVic L*militn Northern stock

—

Ift

iiioi'l

KiiKO buiida

*Jd iiiinMKii^c

K. (>

it-

..-.

.U«/)i/<-.—l«t

Sfw Vilemm.

SI.

mortgage

c« tViio.— Ist M. (N. O.
O. J. &G. N.)
(Mississinp' Central)

L.

J.& G.

N.)

2cl UKirtitiiKf, (N.

uiorrKim'c,

l!it

liosUm

1'.,

A'.

it'

SO
80
37
78
100
100
100
140
200

1870 $100&o.
1871 100 &c.
1873
1,000
1,000
1869
100
1805 100 &c.
1872 500 &o
1871
1,000

22-1

1860
1,000
1854 500 &c
1865 100 lfe(^
1869
1,000
1874 jeioo*c
100
1853 500 &c.
1854 500 A-c.
1.000
1853

183

no

iiutri.u'uvrt',

'.*<1

1H,5
3.50

JfoiUrfu/— IstmortRiiKO, gold

112
t'0HO(/((— iHt M., BtorliiiiS, guar. D.* II. Can.
i£ llntlaon ifire/"—8iiick
1,000
(N. Y. Central)
Premium hoinls
Y.

AT.

A>ifl

li

—
—

York Ventral

Bonds,

li.

i\:

do
do
do

N. V. Htockholdors

Bonds rnltroad stock
BoHdrt rt-al eMtat«
Beufwiil boiidfl
2d miirtgago, sinking fund

M—
New

. .,.-» ™ ...
mortKaxi'l

<i

(IIiiilsou

$ao,000,000

(

j^.jIooo.OOO J
Y. Cihi Kler((lr<i.—»tock
iKt mortgage (for * Ii;,(M)0,O(K))

18.50

1854
1873
1873

1,000
1,000

1876

1,000

Klver)

coupon or

8i0
840

regls-

tered.

100
$ or £

Sew York <« Harlem —Cumiuou stock

50
50

132

Htoek
CouHol. mort., coup, or reg. (for $12,000,000)....
Prefori-etl

Sinking fund

i'32

—

60
959

Northern Ist mortgage.
.V 1". Lake Eric /• Vest. C tr*«;—Stock, common
Preferred .-toiK (7 p. c. y'rly, not piiuiulative)
Ipt mortgage (e.vtcnded in 18(!7 to 1897)
2d mortgage, convertible (extended to 1879)-"
r. Jlffusaton if

i£

18,53

mortgiige, convertible
mortgage, convertible
.
Buffalo Branch Bonds
Lonir Dock Co. mortgage
Sterling bonds, convertible. «1,000,000
l8t consolidated mortgage, gold (for*30,000,000)
2d consolidated mortgage, 5-20, (for !f 10,000,000)
New Iwmds (debentures) convertible till 1883
S. Y. dS Xem Eiigluiul (Bost., Hart/, it £;•«)—Stock.
1st mortgagee, old
Ist mortgage, new
2few York. Xffr Itatfen, rf Hartford Stock
Uarlcm & I'ortehester, Ist mortgage guaranteed.
y.Y.dC Osweijo Midland— \it mortgage, gold
N. Y.. Proe. tt i{o«to»«—(Stoningtonl—Stock
l8t mortgage
4tli
5t.h

"

"

459
459

Extension
General mortgage ($1,000,000 authorized)
North Carol inn —Stock, common

86
139
141

1864
1876

I214

334

1873
1869

62
62

1863

62
223
223
223
102
102
102
102
58
56
56

boud.-^

{S. 6'.)—Stock, common
Pref stock (8 per cent) exchangeable for 2d mort.
1st mortgage, new

Norl/ieantern
.

2d mort gaiie, now
/forth iV;i/iAV/fpam(*—Stock
Ist mortgage

2d mortgage
General mortgage Itonds
Northern Central — Stock
let mortgage. State (Maryland) loan
2d mortgage, .sinking fund, coupon
3d luortgage. siuking fund, coupon
Consolidated mortgage, gold, coupon
do
do
do
registered
Oonsol. mortgage, gold, s. fund, couii., $ or £.
general
mort.,
"A,"
cou|H>n
2d
'•
do
B," coujion, convertible

317
138
138
138
138
138
138
138
138

Xorllurn, y. //.—Stock
iforthfrno/XewJerget/ Stock

—

21
21
550

Ist mortgage, new
Kortti^rn Paeijle New preferred stock

—

—

Xem Fori.— Consolidation

of the

A N. Y. and llackensack Extension.
old bonds are about $J0O,OO).
Ilackonsask
s lie May W, 187*.
(V. *«, p. 136,
158, 811. «3. 311: V. 45, p. 253.1

llackensack

The

branch noric d for
3s

^c Jersiy .'to^S't'n.-Foreclosure pending. There

were also f :iO,OM bonds on Tom < Riv r lir., and
$1,0 10,00;) iA m )rt aid $i.3JU,i)0 consi'. mori. Net
,

earnings, Igrs, $10.),i76.

)

(V. «5, p.511,

(V. 23, p. .lOJ.)

New Orleans. Ifo'iUe <6 Texxs.—Tbe Western Dision was sold Nov. 18, 1874, and the East. Div. la
opwated by the mort. trastces. Int. in default since
18T2. Gross earnings. 1877, $;30,010; net. $390,6i6;
and less extraordinary expenses, tliS.tSO. (V. 2-3.
p. 3T9; V. »», p. 370; V. 2t), p.
I, 39.', 575.)

34

.V. O. St. L. <t CXic.— Operated as aconnectlnj line
with I'.linoisCcnt. Receiver appointed Mar.. '76, and
Jackson roid was sold Mar. 17. 1877, f or $ .O5D,0Oi). in
foreclosure of consol. mort. by III. Cent. Kit. Mis^i.
Central
was sold under consolidated mortga^ August S3, 1S71. (V. 25, p. 21J, .308, 433, 458,53!.)
jV. Y., Boi. <6 ,Von(rea/.— Proposed consolidation
of several roads from N. Y, to Kntlanii.
Foreclosure

pending. (V. 2 J, p. 447, 471,545, 568, ei:; V.

v.

2.3.

p. 160;

25, p. 5!12.)

Xeio York <t Ca /at/a. -The bonds are guaranteed
by the Delaware & Iludsou Canal Co. Koad opened
through Oct., 1875. (V. H, p 180; V. 35, p. 61 5.)
New York Central * Hudxon River.—Tbe mort-

gage loan

100 &c.
1,000

*200
1,000
1.000
1,000
1,000

'67-'68

1869
1869

100 &c.
100
1,000
1,000
1,000

100
100
500
50
50
500
500
50
500 &c,
500 &c,
"50

1855
1865
1868
1808
'74-'75

1876
1876

500 'ic,
500 &c,
1,000
1,000
1,000
1,000
1,000

100

Cent.

$3,000,000

910,000
2,120,000
1,500,000

300,000
387,500
4,000,000
2,04 1,000
1,.".00,000

8!».S,.500

1,997,000
6,250.000
4,000,(K)0

89,428.300
6,IJ3A9O0
74,500
592,000
102,000
2.391,000
1,794,000
18,465,000
9,733,333
5,000,000
7,000,000
7,500,000
1,530,000
10,500,000
107,704
1,500,000
78,000,000
8,536,910
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,600
3,000,000
4,457,714
12,076,000
14,400,000
10,000,000
5,683,000
928,000
376,000
15,300,000
2,000,000
8,000,000
3,000,000
76,000
250,000
837,000
3,000,000
1,000,000
210,000
899,350
88,000
820,000
234,000

Gross

for $40,'i00.00a ivas to retire prior debt,

ana the balance for third and fourth track, Ac.
The Harlem Kit. was leased April, 1873; The followingtia a comparison of earnings, Ac, for five yea-srj

N. Y., Co.'s
3>3

J.

7

M.
M.
M.

7
7
7
7
7
7

A.
J.
J.
J.

"7'

S.
S.

O.

D.
J.

D.

do
do
do
do
do
do
uo
do
do
do
Loudon.
York and I.rf>udon,
London.
do

Mayl,188»

May 1,1883
May 1,188%
May 1,1883
Dec. 15, 1887
June, 1885
Jan. 1, 1003
Jan. 1, 1903

1906
1878
1878
May, 1900
Jan. 1, 1881
Oct., 1902
Oet. 1, IHtS
Oct. 1, 1873
May 1 1897
Sept. 1 1879
Mar. 1 1883
Oct. 1, 1880
June 1 1883
July 1 , 1891
Jan., 1893
1875
Sei>t. 1
Sept. 1 1920
Mar. 2. 1894
Jan. 1 , 1903

Jan.

1

July
July

1,

1,

,

,

,

,
,

,

1884

Boston.

.

J.
J.

.

41,910,976

Funded Cost of

r'd

A

&

purchased by E. D Morgan, ,J.
Lowber Welsh and David A. Wells for $6..p00,000.
on behalf of the London committee, and re-orfanized as "New York Lake Etc A Western."
the road was

he following comparison is for the years ending
Sept. 30. 1'ho net result in 1876-7 was a nominal
deficit of $l,:i01,OS4, after charging off full interest
on the debr. and rentals, Ac, a similar deficit of
$1,239,610 in 1875 6, and $1,653,166 in 1674-5
:

Interest,
Gross
Net
Earninfis.
Inoome. BentalB, Ac.
I87R-7... ... $14,r«l8,889
$5,9W,801
$4,6;}6.717
1875-6. ..• ...
5,838.194
15,852,461
4,808,663
6,851.781
1874-5... ...
4,«»8,615
16,876,858
'38,
in.
194,
285,
290,
815.
842,
337,
8*1, 419,
(V.
p. 9»,
414, 461, 415, 575, 600, 625; V. 27. p. 40 )
K.
.V. r. dk N. England.-i-onnarW Bost. Hartf.
Conveyed to the new company in July. 1876. Net
Income, 1876-7, $28C.85.'. (V. 25, p. 590; V. Si, p.

A

67, 415.)

<k

office.

do
do
do
do
do
do

N.

1805
1881
1, 18*3
Nov. 1, 1889
Aiirll 1, 1878
6ent., 1885
July, 1892
Jan. 1, 1915
July 1, 1886
Oct. 1,1890
Nov. '74, '70 '»l
Nov. 1, 1886
Alay 1,1889
May 1, 1904
July 15,1878

March

do
Jan., 1905
A J.
A J. N.Y., Grand Ccn. Depot. July 1, 1878
1903
6&7
In default.
July 1, 1804
7 g. J. A J.
2I2
q.-j. N. Y., M. Morgan's Sons, May 10, 1878
do
do
Aug. 1, 1878
6
F. A A.
do
6
M. A N.
do
1878 A 1881
do
do
July 1, 1899
7
J. A J.
M. A 8. Company Shops, N. C. Mar. 15-1878
3
do
M. A 8.
do
Mar. 15, 1878
3
M. A N.
do
8
do
Nov., 1888
'4
M. AN.
May, 1875
M. A S.
Charleston.
8
Sept. 1, 1899
8
M. A 8.
do
Sept. 1, 1899
2 8. F. A A
Philadelphia Office.
Aug. 26, 1878
do
6
J. A J
do
Jan. 1, 1885
7
M. A N.
do
do
May 1, 1896
do
7
do
J. A J.
1903
3
M. A N. BaUluiore A Philadcl. April 1, 1876
Annapolis.
6
Irredeemable.
6
J. A J. Baltimore, Ist Nat. Bk.
July, 1883
6
A. A O.
do
April, 1900
do
Cg. J. A J
July, 1900
do
July. 1900
6g. A. A O.
July 1, 1904
« g. J. A J. I»ndon A Baltimore.
5
J. A J. Baltimore, 1st Nat. Bk. Jan. 1, 1926
do
6
J. A J.
do
Jan. 1, 1926
2-.30
Boston, Office.
J. A D.
June 1, 1878
2
1876
6
J. A J. J. aty, Hudson Co. B'k.
(t)

1.930,500
1.500,000
2,035,000
5,842,000
1,500,000
1,490,000
1,120,000
2,599,000
203,000
4,518,000
3,000,000
1,000,000
3,068,400
1,000,000

Net

New Hcnen

A
A
A
A
A
A
A
A
A
A

m.'a's.

7
5

Erie Railway took place April 24, 187,<
the second consolidated mortgage, and

York,

a" J.

S.
6g. M.
B. New
7g. M.
D.
7g. J.
7g. Q.-J.

—

New

do

,T.

A

under

do

.T.

I

the

K. Y., Co.'s OIBce,

A.

ti

.1.

Receipts.
Receipts.
Debt.
equip't.
1876-7. t»,57.'1.08) $ll,63i,984 $40,3:35,415 $99,142,408
1875 8. ,'8,04'i,588 11,93^,417 40,401,263 97,8-.'3,811
I8T4-5. 1.9,1)27,218 11.765.111 40,003,667 96,3.55.774
\8n-i. 31,690,:«6 1:3,262,089 38,(81,74! 92,,50«,.508
18T2-3.
29,128,851
11.484.883 27,725.533 78.014,9.54
(V. J8, p. 41, 591; V. '£i, p. 333. 598; V. 24, p. 542;
V. 25. p. 6 40: V. '36. p 315, 57)
AT. Y. Citu £.'CT.-i<e(/._Secariiies ndiu'tted to N.
Y. Stock Board .Ian., 1877. Bonds are p lyaiile after
1897 at 105.
flrst mortgage of 1872 was cancelled.
(V. 24, p. 41; V. 26. p 653.)
New York
Harlem.— Leafed to N. Y. Central
J.) on stock,
at 8 percent per annum (payable J.
and interest on bonds. The Fourth avenne horse
railroad and real estate was retained, and an extra
dividend made in .^pril is fro-n protits of this line.
Foreclosure
Ne*tJ York. HotiAatonic tft Northern.
pendine. (V. 21, p. 049; V. 23, p. 549.)
*. Y. Lake Erie <t West. ( »-ie).— Foreclosure

of

V. ic A.

Dividend.

.1.

J

100

Wiiom.

A 8. New York and Ixindon
7
M. A N.
III default.
1>4
New Ixindon, OHIco.
Q.-J.
6
A. A O. N.Y.,B'k of N.America
do
do
7
J. A D.
8 or 7 g. J. A J. New York, Co.'s Office.
8
J. A J. New York, Co.'s Office,
8
A. A O.
do
do
7
M. A N.
do
do
F. A A.
do
8
do
7g. F. A A.
In default.
M. A N. I.,ondon, Baring Bros.
i«- Q.-J. N. Y., «r. Central DepotM. A N.
6
do
do
6
M. A N.
do
do
6
M. A N.
do
do
6
M. A N.
do
do
6
J. A D.
do
do
do
7
A D.
do
do
7
A J.
do
I-iondon.
6g. J. A
New York.
7 or 6 g.
a"j.
4
J. A J. N.Y., Gr. Central Depot
do
do
4
J. A J.
do
M. A N.
do
7
do
do
7
J. A J.
7g. A. A O.

3,978,1.50

1878

Payable

I'- V.
7g. M.

1,500,0<H)

A

59-.!.)

Nevo London Xorlhern.—rtpar&lei under lease till
1891 by Vermont Central for i\:iO,iWS a year; income of Co.. in lii7t)-7. t21i,.S!t. Net earnings of
lold, $187,3U.

1869

82'a

Xeiv .Jtrtt y Midland. Defaulted after the panic of
ISTS and funded coupons. The bondholders funded
coupons, but default was again made, and receiver
appointed. (V.iS, p. 114,8.37,303; V.i6, p.l 4a,«90.)

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

100

58-'60
'

i*refcrred stock

.Jtney it

1857
1858
1861
1863
1865
1870
1874
1873

1,000

500 &c.
500 &c
100
100

i'39

—

New

1872
1801
1872
1847
1849

3d mortg.ige

Mortgage

1,000

1,000
1,000

AT.

AT.

Value

Barlford.

Net Income

1S76-".

above Inten-st charges.

$1,601,683.

(V. 24, p.

6 J; V. 25, p. «40; V. 28. p. 290.)
New York
Oiwego -»/i</fein</.— Foreclosure sale
<fc

postponed indeflniiely. Receivers' certificates have
been Issued to a large aroonut.
There are
also $4,000,000 2d mortgise bonds, $3,800,000 3d
mortgage cquipin n'. and $l.''0l,O0ij consolidated
moitgago. (V. 2), p. 4:1, 543; V. 25, p. 61 i : V. 36,
p.

-29 ..)

New

York, Pronldence

d:

So»ton.—Annual report

for fiscal year ending Sept. 1, 1877, showed net earnings $3'8.9J7. leaving a balance of $8i,651 carded
to new account, against $li.3,.536 brought forward
in 1876.
(V. J3, p. «;i; V. 25, p. 591.)
North Carolina.— Jj':'.seil September, 1871. to RichDanville
mond &
Railro.ad at $361,000 per annam.

In March, 1375, the gauge was changed. Dividend*
of 6 p. c. are paid on stock, of which the State of No.
Car. holds $3,000.00). (V. 21. p. 39 »; V. 54, p. 565.)
Northeastern, S.
Gross earnings in 1876-7,
*:i2J.07;
net. $128,034. (Reports V. 24, p. 88, and
V. 2.5. p. 617.)
North Pennsylvania. Gross receipts in year 1878-7.
$1.483.7.5; net, $562,016. (V. 22, p. 134; V. »1,

C—

:

—

62.)
Northern Central.— T'ac annnal report for 1871
shows gross cam'gs, $t,«70,387; expenses. $2,;4S,9<4:
net, $l,S14,4!i2. The total net Income in 1277 was
p.

$1,515,017; $1,518,341 was paid for interest and
rentals, leaving a balance of $61,7l5. Under the
general mortga.-o of 1ST*: $!,fi00,O,i0 more may be
issned, as sencs "O." (V. '32, p. aa7; V. 24, p. 8«S,
421. 4S«; V. 28. p. 314.)

Northern N. Hampshire.— yet Income fiscal year
was $117,13
(V. 2.1, P. 64 I ; V. 46. p. 5 («.)
Northern qf N. J«r»<!y.— Operated by Erie under
lease. Gross earnings in 1877 were $233,438. <V.
1877-8

26.

p

1.

600.)

Northern Pae[fic.—9o\A Aug. 12, 1975, for $103,000.
and prcf. stock issned to bondholders at tl:e rate
This stock is erof $l,430'for each $1,1100 bond.
changeable for land at its par value. <:ommon «t6cc
issued W $18.^55,500. (V. 25, p. 807, 478^ 619; V. tiL
p. 18, 4», 540.)

..
.

RAILROAD STOCKS AND BOND-.

XXTi

xxvrr.

fvoi-.

confer a great favor by glvinx Imiuedlate notice of any error dlncovereil In tlieae Tables.
Konds— Princi
INTEREST OR DIVIDENDS.
Miles Date Size, or
When Due.
Amount Rate per When Where Payable, and by pal.
iS(ocfc«— Last
For explanation of column headings, &c., see notes of
of
Par Outstanding
Subscribers

fvlll

DESCRIPTION.

•

at the head of first page of tables.

Road. Bonds. Value.

Nannch

<t Tforwrter—Stock
bonds, coupon

New

Ogdensburg

<i

$100
66
122
122

Lake ChatnplaiH—Stod

Preferred stock

—

Equipment honds
Binklng fund bonds

Mortgage bonds

for

—

$600,000 (sinking fund)

iBt consolidated niort. ($3,478,000 are s. f .)
Consolidated mortgage, sterling
2d consolidated sinking fund mortgage
Debenture sinking fund bonds (for $1,000,000)
(Spring. Div. (8p.& 111. SE.) IstM. (for $3,000,000).
out Coiony— Stock

1869
1870
1877
1862
1868
1868
1871
1873
1874

.

228
269

<f

jyor(Aw.— Land gr gold bds (for $640,000)

1,000
1,000

£200
1,000
1,000
1,000

100
500 Ac.

1871
1860
1874
1875
1876
1877
1871

40

Orange rf Newark~lst mortgage
Ortgon dc Oalifomia^lat mortgage
itome— let mortgage guaranteed
Otuctgo
Income mortgage bonds
Oswego A «i/rac use— Stock, 9 per cent guar
Mortgage bonds
Consol. mortgage (guar. D. L. iSt W.)

1,000
1,000

ioo
100

Bonds
Bonds
Bonds
Bonds
Bonds
Boud«

Omaha

1,000

100
100

118
393
393
148
393
393
393

Chio <* Mississippi Stock, common
Preferred st«ck (7 p. c. yearly, cumulative)
Income and fundctf debt bonds

.

1877

I'.OOO

1,000

"35

State lien (pay 'ble in aimual inst'lm'ts of $460,000)
Consol. M., coup. J. & D., & reg. Q.— M. (s. f. 1 p. c.)
bonds, reg
Car TTOst bonds (sinking fund 10 per cent)
Pennsylvania Co.— Common stock
Preferred stock
1st mortgage, s. f., (held by Pennsylvania RR.)
Reg. bds (for $3,200,000) sec. by P.F.W.cfeC.sp.st'k

1873
1875
1877

Navy Yard

350,000
200,000

50

1,320,400
124,000

Philadelphia

<£

Halt. Central

— 1st mort. (Pa)

2d mortgage (Pa.)
let mortgage (Md.)

Philadelphia <t i'ric- Stock, common
Preferred stock
Istmort., Sunbary&E. (extended 20 years in '77)
1st mortgage (,$3,000,000 are sterling)
(for $20,000,000), guar by Pa. R.
Philadelphia ct Jfecu^mff—Stock, common
Preferred stock
Mortgage loans inconvertible
Ixian mortgage, convertible

sterling
do
do
do
Ix)an mortgage, sterling.

—

erty reverted to owners Aprit, 1S77. Gross earnings, 187:-'3, 1598,262; nettamlngs, t853,li'«. (V. 25,
p. 39, J37, 48:1; V. 27, p. 1 4.)
Ohio <fc Mist^issippi. There are also $97,000 of old
let mortgage 78, W. Div., yet out. 'fhe company
purchased the Springfield Ruad, March, 1875, for
bonds secured on that road. Nov. 17,
82,000,000
1876, receivers were appointed, and afterwards Mr.
King was made gole receiver. Keceivur's last reInterest or. Ist moitgase
port in V. if, p- 214.
Is paid about six months after it cornea due. (V.

—

m

a6,>p. 135,
27, p. 42.)

IW, 214,

265, 8ti8, 392, 496, 623, i25;

V.

100
!>00

&c

1,000

100
1,000

100
1859
1869
1866

100 Ac.
100 &e
100 &c,
50
50

1857
1861
1868
1869

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

779 1843-9 1,000
779 1857
1,000
779 1836
£100
779 1843
£500
779 1867
1.000
1868 100 &c
779 1868
1,000

.

Loan debenture
Loan mortgage
Norwich <fe Worcester. Leased February, 1369. to
Boston, Hartford & Erie for 100 years at ItJ percent
per annum on cost, llividends paid of 10 per cent
perannum. Gross receipts in 1876-7, t71",01'i; net,
$264,795. (V. Jl, p. 590; V. 23, p. 548.)
Ogdenslrurg dk Like (7Aamptom.— Leased in March,
1870, to Vermont Central, but lease failed and prop-

1,000
1,000

50
50

•

(Extended in 1877.)

1,000
1,000

1864
1870
1867
1873

"40
287
287
287

2d mortgage
2d mort., gold

do
do

I'.OOO

1877
1877
1873
1873
1806
1866

39
39
105
105
46
83
83
38
38
82
82
82
36
36
10
287

,

8
8
6

7
7

338,000
216,000
1,200,000
7,000,000
3,905,000
2,500,000
1,200,000
1,076,000
68,870,200
4,970,000
19,999,760
4,572.110
29,250,000
1,000,000
3,000,000
3,000,000
8,000,000
7,000,000
1..500,000
1,083,000
519,000
1,500,000
1,.500,000
1,200,000
1,000,000
1,000,000
621,000
1,200,000
1,324,200
500,000

(V.

2ti,

Pekin,
1376,

6

<t

California—

7
7
7
7
4
7
7
6

1877
1876
(V.

8
8

7
7
6

625,

t;6:).)

A.
F.

do

N. Y., Del., L.

A W. BR,

do
do

do
do

N.Y., Treasurer's Office

do

A
A

do

1880

Oct. 1,

March, 1894

Jime

1895
1896
1897
Jan., 1901

Sept.

Aug.

1,
1,
1,

Apriri,"l890

May, 1915
Feb., 1891
Feb., 1878
1880 A 1885
190T
Feb. 1, 1897
Feb. 1, 1897
Aug. 1, 1878

O. Pittsburgh, Co. 's Office
A.
Philadelphia.

f."a"a.
A.
J.
J.

F.
J.

A.
A.

I.

A.
A.

7

J.
J.

6&6g.
6g.
2I3
3I3

A
A
A
A
A
A
A
A

Philadelphia, Office.

do
do
B'k N. America,
do
do

O.
1>.

Phila.,

D.

A. N. Y., Chic, R. I. A Pac,
J. N. Y., Imp. A Trad. B'k
O.
do
do
O.
Pliila., 227 8. 4th st.

do

I).

J.
J. N.Y.,

Oct.,

1873

A
A
A
A
A
A
A

J.

J.
J.

V

.T.

6

J.

7

A.

J.
T.

A
&
A
A
A
A
A

1.
1,

1,

Feb., 1878
.Inly 1,

Oct.

1,
1,
1,

Apr.

June

do

Jan.,

do

do
do

1894
190O
1897
1913
1872

1902

do
do

Philadelphia, Pa.

Jan., 1879
Jan., 1900
Oct., 1891

RR.

O.
do
O. Phila., Pa. Life

do

do
J.
J. Phila<ielphia

do

July

Loudon.

July, 1920
Jan. 25, 1876

Q.-J.
Q.-J.

6
6

1903
1903
1896
June, 1906

July
July

June

Lancaster, B.ACo. Jan., 1879-'9S

Philadelphia, Office.

J. a' J.
J.
J.
,1.
J.
J.

5,000,000
3,000,000
8,680,000
32,726.375
1,551,800
1,510,500
79,000
182,400
967,200
134,400
1,135,300
2,700,000

&
A

do

7

Now

Illinois

—

A

Decatur. L''ased to Toledo,
Sold in foreclosure June 10,
In 1876-7 net earnings were
247; V. 23, p. 100; V. 26, p. 290.)

Earnings.

Earnings.

$31,117,146
36,b91,060

$10,134,417
12,834,365

p. 138. 836, 849. 374.

special stock,

N.Y.,Farmer8' L. AT.Co,

1,
1,

A.

"4'

97(>,000

V.

25,
882, 433. 531;
26, p. 18,
Otwego A .Bonw— Operated by the Rome, Water- 95, 166, 217, 338, a«S, 277, 815, 420, 549; V.
27, p.
A Ogdensbnrg at 8 per cent on $300,000 stock, 42)
and Interest on first mortgage bonds.
Pennsylvania Company.—Tbe Pennsylvania ComOnoego A Syracuse.— Lenaed to Del. lAck. A West.
pany is a corporation distinct from the Penn. Railtor Interest on bonds and 9 per cent on stock.
road, and operates all tha leased Imes west of PittsPaducah A Blizabeth'own.— Thin road organized burg. The stock is owned by the Penn.
Railroad.
after sale of Louisville Paducah A S. W.; has bonds In
1877 the net income over rentals, interest, Ac,
oatetanding as abov«. Net earnings 1877-8, $58,067. was $I6S.0<)5, and advances
to railroads charged off
<V.26, p. 6T3.)
$)I54,!>25.
The registered bonds are secured by deAiKWiA-Last statement, V. W, p. 841. (V. X, posit of $),OOJ,oaOof Pitts., Fort Wayne 4 Chicago

841

Nov.
July

do
do
do
do
do
do
N. Y., Kountze Bros.
Newark, Oflice.
Frankfort O. M.
do

1911
1883
1905
1, 1878
1881

April,

May

do

do

coup, due Nov^ '77
Boston, Olflce.

A

Oct.

Phiii«lolphi«, Office.

do
do
do
do
do
do
London.
do
do

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

do

1897

1,

1888

July 25, 1876

1880
1886
1880
July. 1880
July 1, 1882
July 1, 1893
Oct. 1, 1893
July,
July.

,nily,

Philadelphia, Office.

O,

1,

A T. Co March 31, 1881

do

Peimsylvanla A Delaware,—The lease of this road
to the Pennsylvania Railroad was ratified in 1874.
Previously operated under temporary lease.
Pennsylvani'i A New York. Operated in close
connection with the Lehigh Valley. Net earnings
1875-6, $6J8,10fl. Dividend of 10 per cent paid on
preferred stock of $3,500,000; common stock is

—

own

]>.S17,

M.

1875
1882

1,

April.l,

Jan. 1, 1898
Jan. 1, 1898

New York, Office.

A.

J.
J.

Ptnns)tvarUa.—TYie report for 1877 is given in V. 26,
p. 238, and shows surplus net inc ime of fl.OJO.3!)8 after paying all possible charges and 3^ per
cent dividends. In 1874, by the report of the
Investigating Committee, the liability as a guarantor
of principal and interest was on t:).'i,9S3,600 bonds;
annual liability additional, on guarantees of interest
or rentals, $13,862,31f, and probably there has been

1S73,

do
do
do
do
London.

J.
J.

6

—

Oregon

1897
Mar.

York, OfBce.

6g.
"3'

no great change since. A scheme to buy up the
Old Colony.—'Set income over operating ex- company's gtiaranteed securities with $100 (WO per
penses and interest, $407,435 in 18rii-7, ajamst month from earnings, and issue a 4 per cent scrip to
$406,635 in 1875-ti. (V.23,p.86, fiUU; V.25, p. 48^.) stockholders for th,- cash so used, was adopted by
Omaha A Northwest. Some bonds and coupons stockholders on March 26, 1878. The following is a
exchanged for lands. Road to be sold in foreclosure statement for two years on all lines east of Pittsburgh:
(V. 82, p. 79; V. 23, p. 176; V. 27, p 42.)
Sept. 3.
Gross
Net
Alter default in
propotition offered by Ben. Ilolladay, I'reet. Gross earnings 1816, $576,791 ; net, $2i0,090. In 1876 2 per
cent was paid ou bonds. (V. S4, p. 421 ; V. 26. p. 3>8.)

New

New York, Office.
London.
A O
Oct. 10.1884-97
New York, Office.
J. A J.
Jan. 1, 1903
A J. New York and London July 1, 1892
?«• J.
F. A A N. Y.,T. W. AW. RR.
Feb., 1900
lis
Q.-F.
Philadelphia, Office.
May 29, 1877
6
J. A J
do
do
Jan.. 1880
6
Q.-J. Philadelphia & London,
1910
Philadelphia.
A. A O.
Annually.
5
Q.-M Philadelpliia A London, June 15, 1905
6
J. A J.
Philadelphia, Office.
6
1881

Western.

(V. 22, p.

&

Jan., 1879
Mar., 1890

do
do
do

J.
8.
J.

Q.-J.

and reorganized.

t64,14i.

New England

8.

J.

M.'&'S.
A. & O.
J.
J.

Dividend.

Trust Co. July 6, 1878
Boston, N. E. Trust Co. March 1, 1897
July 10, 1876
Boston, OlHce.
Apr. 1, 187S
O.
do
3.

April.

p. 592.)

Lincoln

A

M.

3

?«•

300,000
800.000
400,000
300,000
6,053,700
2,400,000

Paris A Z)«i<«c.—Consolidation.
Midland. (V. 19, p. ail; V. 21, p. 613.)

Wabash

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

J.

7

Paris <£ Danville.—Ot these bonds, $4.i0,000 were
given for co»l mines at Danville, which are covered
(1,230 acres) by the mortgage.
To be sold July 10,
1878.

Whom.

Payable

&
<t O.
& N.
7
1st
6
3
J. & J.
Various
7
A. & O.
6
M. & S.
7
J. & D.
6
M. & B.
6
F. & A.
6
7.30 g. J. & J
M. & N.
6
7g. A. A O.
M. A N
7
F. A A.
7
4I3
F. A A.
M. A N
7
M. A S.
7
F. A A
8

V-

(»)

1,000
1,000

50
50

—

2
4

10,9.50,000

35 58&64 500 &c,
1876
1,000
186 1877
PodncaA di ElizabethtoKn — Ist mortgage.
1,000
186 1877
2d mortgage. Income
1,000
47
Panama— Stock
100
General mortgage, sterling, (£1,000,000)
47 1867
£200
Paris <e Danville.— iHt mortgage, gold, sinking fund 103 1873
1,000
75 1872
Paris <i Decatur, (Ills.)— 1st mort.,g'd, sink, f'd
500
Pekin, Lincoln <t Decadfr— 1st mortgage
67 1871
1,000
Pennsylvania — Stock
1669
50
355
1st mortgage
1,000
Gen. M., Ph. to Pitts., coup., J. & J.; reg., A. & O.
1870
1,000

Consol. mort., gold, guar. P. & R., (sink, fund)
Petersburg Stock
Ist mort. bonds (payable $25,000 yearly)

6

546,000

1870
1865
1866

28>fl

Pennsylvania di Delaware— let mortgage
2d mortgage
Pennsylvania di New I'orfc— Ist mort., guar
Ist mortgage, guaranteed
Peoria <e Iiureau\ l'a//ei/— Stock
Peoria, Pekin <f Jacksonville— 1st mortgage
2d mortgage
Perkionten— 1st mortgage

5

$2,604,400
400,000
3,077,000
2,000,000
154,000
392,000
446,000
20,000,000
4,030,000
174,000
6,545,850
112,000
3,864,000
140,000
1,915,000
6,733,800
390,000
150,000
1,692,000
500,000
1,100,000
1,450,000

9

200

<£•

2d mortgage

Cent.

(V. 25, p. 241.)

110.)
Bureau VoZ^^.— Leased perpetually to

$1,061,700.. (V.24, p.

Peoria
Chicago,

A

Rock

Island

& Paciflc at $125,0*0

per year.

Pekm A JacksonvU'e.—la

year ending June
30, 1877, there was a deficit in earnings of $2,518.
Receiver appointed Apr'l, 1878.

Peoria

&

Perkiomen.'--lte&9ed to Philadelphia
Reading.
on consol. moitg., paid one-half in scrip of P.

Int.

A

R. Company.
i%ter«6Kn7.— Receiver appointed. May, 1877.

(V.

86, p. 41, 5J3, 655.)

Philadelphia A Baltimore Cen'raL—Opontei for
some time past in Pennsylvania by tmstces of first
mortgage bondholders.
Phil., Wil. A Bait, largely
interested.

(V. 23, p.

.'S36.)

Philadelphia A .Erie.— Leased February, 18B2. for
999 years to Penn. Railroad, but without any guarante* of bonds. Gross earnings. 1377, $3, 172,992 ;
ne>, earnings, $1,12^.365.
Net deficit after paying
interest, Ac, $281,185. (V. 22, p. 3U6; V. 84, p.
136, 248; V. 26, p. 166. 341 )

PhUadeiphia A Reading.— The report for

1876-7, is

given at length in V. 26, p. 65. President Gowcn
reviews the year 1877. and gives the facts bearing
upon the Company's financial condition and prospects. The trustees of the general mortgage hold
the mortgage of the Coal A Iron Company. In
March, 187?, propositions were made and accepted,
by which holders of general inorti;Hge bonds and
Perkiomcn guaranteed bonds receive one-half their
coapoas, for thtee years. In five-year 6 per cent
scrip; and holders of convertible and debenture
bonds take 6 per cent scrip in payment of thoi r

coupons for

five years.

The

scrip is

conr ertible

:

3VLY

RAILROAD STOCKS AND BONDS.

37, 1S78.]

craat fkror

ubacrlbera will eonftr
l)F»<l{ll"nON.

For explaniitioii
ut

coliiiiiii Iii'uiIIiikh,

lii-ml <if tlrxt

tliti

PhiUutrliihiii

of

tf

Ac,

do

(lo

Dehciitun' loan

Date

Site, or

ol

of

Par

Rood. Bonds

or reg

gold, $ or i, coup
dollar loan, e<>lil.(M>iip. or reg

((•onv(<rtll>l(' 1,S7(!-".I2),

ooHp

—

iiiort., ifor J!, siiik'g fi'ud. coup
luorl.. * and £ («liik. fund I i). c. yearly)
:nconic inort»{aK(t (for *10,(KK).OO0)
JJdIicntiirc and ginir. bonds, (! p(^rc(nt our'cy dcrip
iicr cent Ht«r'g sorlp
(Jen. niort. and I'crkloinen
Iron Co., guar, niort. (for $30,000,000). .
'.Vvil
(l(d>cntur(>s, gnarantcdd
do

Jmprovcurt

<*«)ii.

770
770
779
745
750

A

<lo

PUub.

149
10
149
200
200
117
33
468
468
468
468
468
468
468
468
468
468
468
468
468
468
468

A

O. (s. f. £7,^00 pr. yr.).
'Jousol. un)rt., guar. B.
putt., O. <t SI. A,.— Ist m., cons. (for$10,000,000) ....
,-••:•
2d uiort gage
I«d., reorganized..
niort >:iigc, 8t(Mib»^uvnie
Ool. Ar Newark Division bonds

i

an

CA i«i^o—Stock, guar
PUUburg,
flpe<'lal Imiirovcnient stock, guaranteed
W'tiyiie <*

}'(.

IM niortgag(!

(serkis A)

2d
2(1

2d
8d
2d
2d
8d

U

do
do
do
do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do
do

Jst
l«t
iBt
]«t
1st

do
do
do

V.

u
K

Bonds

V

»
H
K

all

cou-

pon, but

may

be made payable to order.

I

I.

M

PlttKbnrg, Ft. Wayne & Chic, construction bonds
Eqidpnicnt bonds (renewed)
PUUb. TituKrille ,1 Iluff.~Ut mort. (W. & F.KR.)..
iBt mortgage (Oil (Trcek RB.)
let mortgage (Un. & Titusville RR.)
New mortgage (Pitts. T. i B.)
Ftuiding income bonds (P. T. & B.)
PUttb., Va. di CharleJitoH— 1st mortgage gold

Portland

50
38
25
120
30
90

Of/deii»b.—lat mort., E. D., gold

if

New mortgage

Vermont Div., gold
<£•
A'(«'/i«(er— l9t niort., s. f. (Portl. loan) "A".
let mortgage, equal Hen
do
(Portland loan) sinking fund, "B"
2d

—

lit.

FalUit Conitay—Stock

B3n(ls (nut mort.) gtuirantced by Eastern
Protidence iC- Worctsiet Stock

—

First

New

//«Aif/A— 1st

SeiutelOfr

J-

mortgage (Berks Co. RR.)..

Northwestern, N.

1st
(!.,

follows
.

1874-5.
1875-«.
187(^-7.
$12,660,927 $1^237,511 $1^,149.910
8,130.159
8,510,350
7.'I51,693

Neteambigs

$4,530,7t«

85. p. 592, 641;

(V.

mt,

445, 496,

57.'),

PhUad4li>Ma

*

V.

26,

$3,717,161

65,

p.

84.

$4,391,217

166,8:7,816,

053.)

TVeiton.— Leased to Pennsylvania
New Jersey companies at 10

BaiiriHul with United
l>ci cent on stock.

PhUide'phia, Otrmantoten

.VorrUtotun.—Leased
for 999 jears to Phdsdolpbia S, Reading at 12 per
ccKt.

Pk»ladt'phia, WUmlnglon it Bal/imore.-T^et eamyear ending Oct. 31. 18Tr. $ 1 1 3, 42«, leaving a
torpius Income of $98.''ll above payment of all
charges and 8 per cent dividends.
Last annual
report in V 2«, p. 1 1
(V. 25, p. 183.)

ingfr,

.

.

A

(V. 24, p.

135.)

ntttburg, andnnatl <t St. jtoub.— This company
leases several roads and Is Itself controlled by the
Pennsylvania Co., which holds a majority of the

Common stock, $2,508,000; Ist pref.,
pref., $3,000,000.
Gross earnings in
18(7 of road proper $3,097,96J; net, $1,075,049; earplus over Interest, Ac,. $S0i,141. Loss on leaecd
lines, Ac, $43:i,926.
(V. 85, p. 619; V. 26, p. 200,
415,496, 523.)

capital stock.

$2^,600;

M

ruUburg, Fort Wavn*

.500 Ac,

IOO Ac,
100 Ac,

100

1876

1872
1870
1877
1873
1862
1864

psl,

Vben Dne.

IMTldenO.

350,000

1,000

100

142
49
29

1867
1874
1873

1,000

A

.1.

do

6

1„500,000
7,000,000
1,925,000
4,000,000
508,486
124.200
1.767.500
1,472,000
500,000
500,000
67,778
299.917
450.000

G
6

BlcUmonii, Office.

do
N.Y.. City Nat. Bank.
do
do

....

,

A O. New York or Richmond
London.
A J.
6A7 Various! Richmond, Office.
do
iJ. A J.;
8
6-70

lA.

6

i.r.

g.

I

leased July, 1869. for 999 years, to Pennsyl'
vania Railroad, at a rental equivalent to interest,
sinking fund of debt, and 7 per cent on $1<),714,886
stock, whirh was increased at that time from
The leise was transferred subsequently
$11,6()0^000.
to the Pennsylvania Company. The lessees to keep
the road in repair, and also pay taxes, expenses,
etc.
Pittsburg, Fort Wayne A Chicago leases the
Newcastle A Beaver Valley and the Lawrence, roads;
which in tnrn are leased again by Pennsylvania Coinwiny.
New stock of $5,RtU,:i27, is.sued to Penn.
Railroad for improvements. Ac. is under article 16
of lease. Net earnings, 1877. $'i.95«.148; proflt to
lessee. $151,022. Sinking fund fc: o^i.d; amounts to
$4,157,735. (V. 22, p. S8«; V. 24, p. 5ltt; V. !6.
p. S-i3.)

June
July

1878
1878

3,
2,

July, 1884

1887

April,

Oct. 1, 1892
April 1, 1900
July, 1898

Aug.
Jan.

Aug.
April

1, 1882
1, 1926
1, 1900
1, 1913

May, 1884
1390
2, 1878
1, 1878
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1887
Hch. 1, 1884
Jan.,

July
July
July
July
July
July
July
July
July
July
July
July
July
July
July
Jan.
Feb.
Apr.

1,
I,
1,
1,
1,
1,

189fi

1882
1890
Feb.
1896
Feb.
1896
April
1902
Jan., 1900
Nov., 1901
May, 1891
July 1, 1887
Oct. 1, 1887
Sept. 1, 1891
July 10, 1878
July

Nov. 'l,"l889
July 15, 1873

1892
1878
1880
1897

Dec.
July
July

1,
1,
1,

1898

N. Y., Union Nat. Bank. Mch. 1, 1838
Columbia, First Nat.B'k
June, 1884
Nov., 1902
N. Y., Nat. B'k f;om'rce. J'lly 1, 1878
N.Y., Del. A H.Canal Co.
Nov., 1921

6g.
8

do

1892 to '94
1892
July 9, 1878

Jan.,

M.A S
J. A D.
J. A J
M.A N.
J A J
J. A J.
M. A N.

was

1880
1, 1875
1878 to '90

Jan.

1888

1875
1875
1381-0«

cent for two years. (V. SI, p. 372, 434, 582; V. 88.
563; V. 24, p. 445, 5VJ.)

Port Roual.—The

i>.

Georgia Railroad guarantees

$500,000 of these bonds; sale In foreclosure was
6, 18;8, to Union Tnist Co. f r $.500,000.
(V. '<5, p. 9J; V. 8(i, p. 95, 493, 65 1.)

made June

Portsmouth. Great Falls <6 Conwny.— Opened la
1872, and is leased by Eastern Railroad. Massicbasetts. The latter is not liable for the bonds. (Y.
27, p. 15.)

PrmMma

<t

ing September
$1.4i8.U0U.

thorlzed.

Wora»t«r.~TXet earnings year end30.

1877.

Mortgage
(V.

3:!.

p.

$83»,«!»5;

bonds

518;

for

V. 25,

noies payable.
$-.'.()00,OoO anV. 38, p.

p. 476;

Pitlibitrgh TiliuciUf <f Bif/Taio.— This was the Oil 94.)
Creek A Allegheny River road. Sold in foreclosure
Beading it CUumMo.—This road is operated and
and re-organized Dec. 29. 1875. (V 21. p. 40, 502; V.
controlled by the Philadelphia A Reading RaUroad.
28, p. 16, 135, 279, 899; V. 25, p. 39.)

Floating debt, $1,093,494.

PUMurg

Ylrglrda ct Charkston.—Ot these bonds
the Pennsylvania Railroad owns $500,000. Net earnings, 1877, $34,610.

Portland

Beading
road;

Jt

Lehigh.-TUB was the Berks Coaaty

*

and leised to Philadelphia
18'5. for 99 years.
Poreclosnra
Feb., 1878. (V. 80, p. 63, 267; V. $8.

sold out,

Reading, March,

0gdfn9burg.—'r\M two rtl»l«ion» were
consolidated March, 1875, as one company.
In
March, 1876, Company passed the Interest on
Its bonds, and funding proposals were offered.
Receiver appointed October, 1877. and foreclosure suit
is pemling.
Report of committee and plan of reorganization, V. !K, D. 575. (V. 25, p. 138, 298, 3;i5,
408, 53:), 592; V. 86, p. 41, 81, 94, 575.)
it

•

suit begun in
p. 266.)

Bfnsxlatr <t Saratuoa.—LetaeA May 1, 1871, to
Delaware A Hudson Csnal Company, which pays Inon bonds and 8 per cent on stock. (V. IS, p.

terest

615.)

Bichmond it Danvilh.—Gross earnings 19?S-7.
This company leases the
North Carolina Railroad and the Piedmont Railroad,
and forms a throiigh route with the .\tlanta A Richmond Air-Line. 'The Penn. Railroad took $1,000,001
of the new bonds. (V. 28, p. 1 80; V. 84, p. 898.'
370; V. 26, p. 115.)
$909,317; net, $292,591.

Portland <* 7?<x;AM^«r— Interest in default, and
receiver appointed In Jnmiary, 1877.
The report
for year ending AugiL-it 31, 1877. shows gross earnings, $1.33,896; expenses. $111,830.
(Y. 28, p. 354,
877; V. 24, p. 170; V. 25. p. 333.)

—

Portland, Saeo <8 Porttmouth Leased March 18,
Eastern Mass. Railroad for 99 years at 10
per cent per annum; modified Dec, 1875, to 8 pot
1871, to

CMeago.—Thia toad

do

Ptiiladeiphia. Office.
Phil.'i., Treasurer of Co.

CJ.-M.

658,000
1,000

do

Philadelphia. Office.

A J. Philadelphia A Boston.
A J.
do
do
A. A O.
do
do
A. A O. Phirdclphia.Co.'s Office
A. A O.
do
do
J. A J. Bait., Bait. A Ohio RR.
F. A A. Pittsb., First Nat. Bank
6
««• J. A J. Loudon, J.S.MorganACo
F. A A. Phila., Pa. BK. OtHcc.
A. A O.
do
7
do
6
M'nthly N. Y. Agciit, 57 B'way.
7
J. A J. Phlla., Pa. RR. Office.
1%
l.-J. N. Y., WInslow, L. A Co.
do
do
1%
J.'A j.
do
do
F. A A.
do
do
M. A S.
do
do
A. A O.
do
do
do
M. A N.
do
J. A D.
do
do
A J.
do
do
F. A A.
do
do
do
M. A S.
do
do
A. A O.
do
M. A N.
do
do
J. A D.
do
do
A. A O.
do
do
J. A J.
do
do
M. A 8.
do
do
Philadelphia, Office,
F. A A.
A. A O.
do
do
do
J. A J.
do
do
F. A A.
do
do
F. A A.
do
Philadelphia.
7g. A. A O.
6g. J. A J. Boston, First Nat. Bank
do
do
6g. M. A N.
M. A N. New York and Boston.
%' J.
Boston,
A J.
Columbian B'k.
do
A. A O.
do
7
do
Various
6
do
Boston, Office.
J. A J
3
do
do
M.A N Newr York and I/ondon.
I'- J. A J. Best., Eastern RR. Co.
J. A D
do
do
6
Providence, Office.
2
J. A J.
J. A J.
do
6
do

860,000
860,000
2,000,000
100.000
1,000,000
1,.500,000
580,000
500,000
1,155,000
315,933
1,583,000
800,000
1,.577,960
2,300,000
700,000
350,000
450,000
1,300,000
500,000

6,50,000

(lo

J.
J.

6
6
6
6

6.50,000

ioo
1871

3
4

8t!0.000

100 Ac.

do

Jane, 1911
Jime, 1911
Jimo, 1911
Jan. 1, 1893

Philadelphia or l.ondon Oct. 1, 1807
London A Phlladeluhlu. July 1, 1908
Philadelphia, Office.
Dec. 1, 189i;
do
(lo
July, 1882
l/oudon A Philadelplda.
July, 1882

Q.-J.

21a

32(1,600

770,000
486,000
2,000,000
500,000

A J.
A O.
A J.
A V.
A J.
A J.
Various
M. A S.

7

6,500,000
6,222.000
2.500.000
3,000.000
775,000
19,714,285
5,669,327
875,000
875.000
875.000
875,000
875.000
875,000
860.000
860,000
860,000

2,.500,00O

D. Philadelphia, Office.
D. Philadelphia A Ixmdon.
D. Philadelphia, Office.

J.
J.
J.
J.

6
6
7

700.000
800.000
4,000.000

100
500 Ac.
100

A
A
A

A.

««•

,000.000

I'.ooio

1,»00

V-

1

Pltttburgi: ConruUiulUe.— On Jan. 1. 1876. a transfer was made by city of Baltimore to Baltimore A
Ohio Railroad for $1,900,000, and the conHolidated
mortgage made for £2,200,000, and gnar.tnteed by
Gross earnings 1876-7, »1,388,4'J4; net
0.
B.
$406,418.

1,000
1.000
1.000
1.000

1

J.
J.
J.
J.

<t

on stock.

.

500 Ac
.500 Ac
500 Ac
.500 Ac
500 Ac
.500 Ac
.500 Ac
500 Ac
500 Ac,

ster

into income mortgage bonds. (See V. 24, p. 299.)
A eomparieou of statistics for three years is as

grocteaminga..
p. expenses

.500 Ac,
.500 Ac
.500 Ac,

"id

.

Potomac— Boni»,

Rieh'd, titderickttturg it
]>ollar loan
'Coupon bonds of 1881

'

79
199

mortgage

1st mort., gimr.

100
100
500 Ac,

41
181

.Saratoga— Stock

1st mortgage, consolidated (for $2,000,000)
Sichmnnd if />aiin7/«—Stock
State Hi Ilk log fund loan
Bonds, gitaraitteed Ity State
.1(1 mortgutfe, consolidated, coupon or registered
New general mort., gold (for !?6,(X)0,000)

Jledmont branch,

1,0<M)

1,000
1,000

1.000

39
39

coiiiion

Readiny a

£200
1,000

1870
1871
1871

"97

[

nwrtgage,

1871
1862
1862
1802
1862
1862
1862
1862
1862
1862
1862
1863
1862
1862
1837
1874
1865
1802
1870
1876
1876

71
71
67
44

RR

Stadmg dt Columbia— lat mortgage,
mortga
couimu.
S!d

100 Ac.

1876
1868
1873
1864
1861

52
52

mortgage

liitnton—X^t

dt

18.59

111% 1869

mortgage bonds
bonds

lUUeigh

265,000

100 Ac.
80
521a 1867-9 500 Ac.
52 "a 1870 500 Ac.
521a 1871 500 Ac.

let mortgage,
Portl.

Po-ttmouth,

11, .561,250

1,000
1,000
1,000
1.000

(for ifl3,300,000)

TifrUantl. Stteo tC Portsmouth Stock
; St mort gage, gold
Po.-l Royal (S. C'.)— Ist mortgage, convertible, gold

,50

500

1875
1868

1872-4

Turtle Creek division

do

ioo
50

1.708.000
13,036,500
1.731,000
1,259,100
2.231.900

1,000

1858
1867

mortgage

Coniiell»irille..—l»t

it

lot

90 Ac.

1872

i

7
««•

$1,000 $10,649,000
1.000
6,999.000
l.OOO
968.000
1.000
10.499,900
1,000
9,364,000
1,000
19.686.000
1,000
1 ,803.000
10 Ac.
2,820,000

26
34

yhiUulrlphin. n'itminylon ,t Baitiinore—Stock
lot mortgage, convertible
«
}*Jaiii b(»iidM, loan

do
do

1871
1871
1871
1873
1873
1874
1876
1877
1877
1872-4

PhiUulrluliiii it TrenluH—Stock
FKUailetjihiii, (iermaiilomk li Aforrw/oiMi—Stock...

do

Amdt-Piteel-

INTEREST OR DIVIDEHUfl.

Anmiint
Rate per When Where Payable, and by
Outstanding
Cent.
Payable
Whom,
Value.

(VnnliHXitdi--

Rtailing

do

kItIos Immediate notice ol any error 4leeoTere4 la theee Takle*.

Miles
see note*

i>HK» or tutilev.

iiiort., (foliar louii.couiioii
'Joniiolfdatril
lit."

(to

bjr

xstH

—

Richmond, Fredfrlcktburg <* Potomae.
Gros
earnings 1873-76, $367,!l«9; expenses, 1177 TM; a
earnings, $190,175. (.V. 33, p. 6 »i i V, 17, pw e8.J**

—

3

.

.

.
.

.

BAILROAD STOCKS AND BONDS.

X£VW
Kabscribera

wrill

eonfer a great favor by glTlu:: Immediate uotlce ot any error discovered lu tbese 'lables.

DESCRIPTION.

Miles Date
of
column headings, &c., see notes of
tahles.
of
Road. Bonds
head of first page

For explanation
at

tlie

Xiehmond A Pelersbzirg— 1st mortgnge, coupon
New mortgage
Sochester (t Slate Line.— lat mortgage
Home, Waterloion <£ Ogdensburg—Stock

25

B

l8t sinking fund raort., Wat. it
General mortgage, sinking fund

2d mortgage

July, '79, coup

till

B«<fajtd—Stock, common
Preferred stock

Equipment mortgage bonds

New

do
general mortgage
do

d- ircstei-n— 1st M. St. Joseph & Pacific.
& Nebraska, Ist mortgage
Louis, Alton <t TeiTe Maiitc— Stock
Preferred stock (7 per cent yearly, cumulative)
let mortgage (series A) sinkmg fund., l g
iBt mortgage (series B) siuking fund.. .= $;i S
2d mortgage, preferred (series C)
§
fp,<smi'|
2d mortgage, pref en-ed (seriesD)

Joseph

St.

Kansas

St.

i09
409
97
190
190
360
120
120
120
120
120
115
115
207

^

,

2d mortgage, income
oBg'o
Equipment mortgage
Jo S®
S^ Louis, Iron Mountain <£ So!i(Aeni— Stock
;
Ist mortgage, coupon
2d mortgage, gold, coupon, may be registered
Cons. M. gold

I

after 1880), coup., iuay be reg.
Arkansas Branch, 1st mortgage, gold, land grant
Cairo Ark. & Texas, 1st mort., gold, coup or reg.
Cairo & Fulton, Ist nrort., gold, or road and land
St. L. Kansas Viti/ <£• A^.—StocJt ($i;!,000,000 pref.)
ist mortgage (North Missouri)
Beal estate and railway 3d mort
St. L.A B.Francisco.— ie,t M. (So. Pac), g., (I'd grant)
(8. f.

2d mortgage bonds, A
do
do

do
do

680
210
210
686
100
72

300
354
354
293

B, gold
C, gold

Louis <£• Southeastern— 1st M., gold. conv. s. fund
Consolidated n»ortgii|ge, gold, sinking fund
Evansvillc Henderson & Nashville, 1st mort

210
420

Louis Yandalia <* Terre Haute— lut M.
2d mort., sink, fund ($1,600,000 guar.)

8. f.

St.

guar

<£• Faeilic- First Division—
Ist M., 1<) miles, St. P. to St. Anthony
2d M., St. Paul to Watab. ($700,000)
3d M., land gi't, St. P. to Watab. ($1,200,000)
do
($2,800,000)
Consol. land gr-t
1st M., Bt. Anthony to l.'JO miles west

1870
1870
1872
1876
1876

$175,000
31,000

$1,000
1,000

100
100 &c.
500 &c.
1.000
1,000

100
100
100 &c.
100 &c.
100 &c.
100 &c.
100 &e.
100
100
1,000

500 &o.
1,000
1,000

500 &c.
1,000

100
1867
1872
1874
1870
1872
1870

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

1865
1874
1868
1876
1876
1876
1874

1,000
1,000

100

500 &c.
100 &c,
500 &c,
500 &c,

2,180,000
3,147,600
366,007
975,107
1,000,000
4,250,000
2,479,700
4,168,700
500,000
500,000
1,212,000
1,900,000
1,900,000
2,300,000
2.468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
300,000
21,028,761
4,000,000
5,927,000
4,428,000
2,500,000
1,500,000
8,000,000
24,000,000
6,000,000
3,000,000
7,194.500
293,200
2,476,000
2 295,000
350,000
3,250,000
5,145,000
1,000,000
1,899,000
2,600,000

69-71

:',6oo

500 &c

158
158

1872
1867
1867
1868

10
76
76
76
150
150

1862
1862
1862
1865
1864
1864

250 &c.
250 &c.
250 &c,

1,096,000
1,114,000
1,500,000
1,700,000

210

1868

250

5,700,000

220
140

1870
1871

1,000
1,000

121
121
34 13 1872
116
116 iseo
101 18i>3

100

9S

1,000
1,000
1,000

8

A.

7
7

M.

'

r

J.

7
7
7
7

J.
J.

n
•

o

2d M.,&l6tl.g..St.A.tol50m.W.($3,000,000)
1. gi-. on 1.50m. W. of St. A. & Ist M. on
6001. more with 1. gi-. ($6,000,000)
4th JI., St. P. to Brcckeuridgo, 2d on I'd gi-

3 J 3d M.,
.0 1

S

S
St.

St.

150m. (.$3,000,000)
Paul <t Faeilic— lutuwrtaaga bond.'*
Pant £ Sioiix C—Pref. stock, (Div. on $475,000)
{

Common stock

Saginaw Valley SI. Louis.— 1st mortg., coup.
Sandusky Mansjield Newark — Re-organized stock
rf-

<fi

let mortgage,

new

& S.„ guar, by S. C
JFunded int. bonds, S. & C. RR., guar, by S. Car...
Ist mortgage, Savannah & Charleston RR
Savannah <£ llemi>h is— Ist mortgage
Schenectady Dimnesburg-lst il., guar. D. & H

Savannah

<t

Charleston— C.

<C

.

Schuylkill FaHcj/—Stock
Scioto Valley— Iht molt. (-i. fund $13,000 per year)
Seaboard <t Roanoke—%tocii

let mortgage

Selma t£ Gulf— lat niort.j guar, by Alabama
Setma Marion rf Memphis— let mort., end. by Ala.
Selma Rome tC Dalton— 1 st mortgage
2d mort., Alabama & Tenn. River RR
General mortgage tor $5.000,000

—

Shamokin

Valley •!: Pollstillc Stock
Ist mortgage, gold, on road and lauds
Sheboygan tC- Fond du Lac 1st mortgage
let mortgage extension
Shtnango i8 Alleghany— 1st mortgage

—

Stehmond <ft Petersburg.— In July, 1878, 2 per cent
dividend made on stock of $l,*08.tiO'. Gioaa earnings year ending Sept. .30. 1877, $137,116; net,
$47,271. (V. 2i, B. 1 5 ; V. 24, p.
6-i.)
Rochester & State £!«».— Bonds sold in N. Y.,
Road runs from Rochester, N. Y., to
July, 1878.
Salamanca, and Rochester City furnished $(,00,030
towards its coastmction.
Borne, Watertown & Ogdensburg —The last report
shows gross earnings in 1870-7 of $1,955,37]; expenses, $912,134; net earnings, $313, 3tj. Default was

made on ccupous cunsol. bonds

1878.

.'Vpri',

(V. 22,

p. 493; V. 26. p. 334.)
Rutland. Leased January, 1871, to the Vcnmnt
Central. Terms modified in July. \^ti.
Defaolt
made on rental, and le:ise again modiiied. (V. 2'^ p.
209; V. 23, p. 110; V. 25, p. 137.)
St. Joseph <£ We4etn.—'i^\vi St. Jo. nnd Denver
City was sold in foreclosure Nov., 1675, and reorganized. The land grant of 300,tOO acres is in
hands of trustees, for tne bentflt of the holders of
the land scrip of t2.25t',000
Gross earnings of
road in 1877, $5.37,^B'i; operating expenses. $.173,906;

—

rentals, &c., and taxes, tl40,415.
V. 2t), p. 289.)

(V.

U,

p. 323, 469;

Alton ift Terre Haute.— The main line—
Terre Haute to E.St. Louis and Alton Branch— \Vi.
leased June, 1867, for 99 years, to ludianao. & St. L
at Super cent of gross earnings up to $i,0uO,0u0 (but
$t.5(>,U0O per year to be a minimum).. This was
guaranteed by thies other companies, see V. 2(>, p.
614, 6'jl. In Ihfr. gross earnings were $95.'i,570, against
81,U72,403 in '76. The Belleville Br. and Estcntiou
earned net in 1S7T, $131,540. Sinking lund 1.0 ds
JS78.5O0 of the bt m.^rtgage
(V. 24^ p. 297; \.
26, p. 417, fil4, 0-25, 851; V. 27, p. IT.)
St. Louis, lion Mountain tt Southern.—1\\CK are
also J66'<,(iiXi of Ctiro & Fulton Income bonds.
Gross earnings, 1877, 84,.')no,42a; net, $2,131,901. In
1875, the company funded thiee coupons an all
bonds except the old firsts, but when coupons fell
due Nov.. 1876, they w»re paid only in part Ila I
interest only is paid on the mortg. bonds, except
St. Louis,

1,000

1,000

50
1,000

500
100 iic.
500

1868
1869
1870
141^ 1874

ibi
60
11
98

80
80
40
50
100
100

<fee.

1,500,000
15,000,000
2,081,800
2,400,000
446,000
1,050,356
2,301,000
505,000
111,800
500,000

1.000

"3128 F. '& A.
M. & N.
7
M. & S.
8
M. & N.
8

7
7

1876
1851
1870
1869

1,000
1,000
1,000

"28
28

J.
J.

7
7
7
7

1,000

500 &c.

10

"7'

J.

2
2

&J.
M. & S.
7
J. & J.
I'- M. & N.
M. & N.
&c.
M. & N.
&c.
Q-J.
7g. M. & N.
F. & A.
?«•

10

July 15, 1875

do
do
do

New

Dec. 1, 1891
Jan. 1, 1892
July 1, 1904
Feb. 2,'i875

May

1880
1880
Nov. 1, 1902

do
do
do

1,

Sept. 1,

19—
19-

York.

1894
1894
1894
1894
1894
1880

st.

N.Y.,Nat Bkof Com'rce
do
do
N. Y., Trask & Stone.
do
do
do
do
do
do
do
do

Aug.

1892

1,

May 1,1897
April

June
June
Jan.

1914
1897
1897
1891

1,
1,
1,
1,

1895
1904
1888
Nov. 1, 1906
Nov. 1, 1906
Nov. 1, 1906
Jan. 1, 1884
Nov., 1894
Y., G Opdyke & Co.
Aug.. 1902
do
do
do
July 1, 1897
do
Y., Third Nat. Bank, Jan. 1. 1897
do
May 1, 1398
do
July

1,

Sept. 1,
July,

& J.
& J.
& N.
M. & S. N.Y.,J.8. Keunedy& Co.
1881
J. & J.
do
1892
do
1892
J. & D.
In default.
1892
J. &D.
do
F. & A.
do
1894
M. &N.
1894
do
M. & N.
1899
do
1900
J. & D.
do
1901
do
J. & J.
Oct., 1876
Q.-J.
St. Paul, Office.
J. & J.
M. & N. New Y^ork, 9th Nat. Bk. May 1, 1902
M.

7
7
2
i

1880

Sept. 1,

Boston, Treasurer,

J.
J.

7
7

8
8

2

7

.1.

6
7

M.
M.

7

J.

8g. M.
6

M.

7

J.
J.

1,350,400.

312

M.

7

F.

8
8

A.

838,!500

7

241,000
3,000,000
869,450
1,994,000
750,000
850,000
874,500

8

J.
J.

M.

7
3

A.
F.

I'-

J.
J.

A.
A.

8

7

p. Ill, 1.3S, 188, 229, 309, 333; V. 26, p. 287, 342,
St.S, 6i5.)
Northern. Half the stock
St. Louis, Kansas City
IS prtf., 10 per cent yearly, but not cumulative.
Gross earnings in 1871, $3 117,173; net, $1,250,773.

—

Floating debt partly retired with second mortgage
bonds. (V. 24, p. 9i). '272; V. 26, p. 68, 288,171.)
St. Louis tt f^an Francisco.
This is the re-organization of the Atlantic & Pacific, sold in foreclosure
Sept. 8, 18i6. The Atlantic tfc Pacific was a consolidation, in 1870, of the Atlantic & Pac. and So.Paciflc.
The land grant amounts to some I.UOO,iioO acres.
'I'he interest on bonds "B " and " C " is 2 p< r cent
for 2 years, 3 for 3 years, 4 for 1 year, 6 for 1 year,
and Q afterward. In 1877 gross earnings were $1.3i3,9)3; net, $,39,liB, iigainst $675,047 in 1876. (V.
24. p. 513; V. 25, p. 482. 457; V. 26, p. 2-11.)
St. Louis t& Southeastern.— In hands of rece:ver.
Annual report, V. 26, p. 263. (V. »3. p. M9; V. 21,
p. 203, 322; V. «'i, p. 2<i3, 304.i
St. Louis, Vandiiiia tfi Terre Haute
The com.
?tock is S2,383,.315; pref., $1,451,700. This road is
leased to Terre Haute & Indianapolis at 30 per ct-n:
of gross ear. lugs. In 1877 gross earnings, $1,118,470.
Bonds guaranteed by Terre Haute & Iiidianapolis,
hy t.olumbus. Chicago & Indiana Central, a idPittsburgh. Clncmnati & St. Louis. (V. 24, n. 110; V.

—

—

Oct. 1, 1875
l.st N.Bk., Sandusky, O.
&"j. N. Y., Union Trust Co.
July, 1902
& S. Charleston, 1 st Nat. Bk. March 1 1877
Sept. 1, 1899
&. S.
New York,
Jan. 1, 1889
<fe
do
J.
May 1, 1890
&. N. N.Y.,T,ancaster,B.& Co.
& S. Del. & Hud. Canal Co. Sept. 1, 1924
Jan., 1878
& J. Philadelphia, Office.
& J. N.Y., Winslow, L. & Co. .Tan. 1, 1896
& N. Phil.,Towusend,W.&Co. M.iy 1, 1878
Aug., 1880do
& A.
do
New York.
Jan.*^l, 1890
& O.
New York.
Sept. 1, 1889
& 8.
Jan. 1, 1872
& J.
New York, Offloe.
Jan. 1, 1864
& J.
do
do
April 1, 1887
do
do
& O.
Feb., 1878
& A. PUiladolphia,Trea8urer.
July, 1901
do
do
& J.
June, 1884
&D. N. Y., (In default.)
do
do
October 1896
& O.
& O. N. Y., N.Bk. of Com'rce. April 1, 1889
,

,

,

,

a

Pacific —The road is in hands of ReSt. PjuI
ceiver of U. S. Court, and the bonds are all held in
Holland. The mortgage is being foreclosed. (V. 24,
p. 510; V. 26, p. 316, 342, 430, 436, 575; V. 27, p. 43,
6a.)
St. Paul i6 Sioux ( ily. —Th\i company has 756,437
acres of land unsold. See annual report V. 24, p.
298.
(V. 28, p. 4To; V. 24. p. 298; V. 26, p. 5,8.)
Saginaw Va'ley <S st Louis.— Has a traflic guarantee by Michigan Central. Net earnings, 1876,

$48,855.

Sandusky, Manstidd

&

Facinc, First Division.— The 3d mortg.
of $6,()p.i.0.iO ha< the addiiional security of the
$I..50i,OtO first mortgage Itonds held by its trust es.
Interest in default since June, 1872, on all the issues
except the first and second mortgages on Branch

Line,' but c rtain pjyuieuts made in May, 1877.
Suits of foreclosure are in progrrss. and the rail
nmd has been in possession of the trus ees under
the mortgage deeds.
An import nt negotiation for
taking up he bonds his been consummated.
(V.
2.1, p. 114, 1.14, 408, 424, 458, (HI; V. 2tt, p. 2,6, 816,
842, 420, 575; V. 2T, p. 42, 68.)
.

-

Newark.— This road

<6

is

leased to thn Central Ohio, and the lease guaranteed
Ohio. (V. 19, p. 5»4; V. -.6, p. 290.)
by Baltimore
SavaW'Oh cfe Charleston. Roud in hands of receiver and decree of sale made. (V. 22, p. 615.)
Sav nnah -f Memphis. Defnuted after the crisis
of 1873. Net earnings, 1875-6, $16,118.

&

—
—

stocU- is
the road.
Philadelphia
& ReadSchuylkill Fa/fey.— Leased to
ing, with 5 per cent dividends.
Columbus
new
road,
from
to
Scioto VaUcy.
Ibis
Portsmouth, reports gross earnings of ^116,853, and
March
5
Dec.
1877.
ne 1 1 58,376, f cm
31
Roanoke. Net earnings year ending
Seaboard
March 1, 1S78, $167,938. Report V. 21, p. 270.
Selina <Sk Gulf -latatcit in default. Foreclosure
sale attempted Nov. 19, 1S77, but no bids made.

Sehenec'ady

*fe

Duanesburg. —Gup'itfi}

owned by the D.&U. CanalCo.^which runs

—

1

—

&

1

,

(V

24, p. 299; V. 25. p 3.35, 593.)
Selma, .Marion <fi J/cmpAiS.— Pefaulted 187J.

be sold July

)

i

&
&

J.

the let mortg. St. L. & I. M., which is paid in full.
The net earnings have been applied to floating debt
rather than to jay bonded iuieresf. A suit is ocndiiig in the U. S. Circuit Cuurt of Missouri.
(V. 'i5,

&

J.
J.

Co.

do
do
do
do

"7
F. &"a. N.Y.,Omce 20 Nassau st
7g. M. & N. New York or London.
do
do
7g. A. & O.
J. & D. New York, Co.'s Office.
z«do
do
7 g. J. & D.
do
do
7g- J. & J.

1,250,000

576',050

&
&

1880 to '86
1, 1915

Feb. 1,1878
J.

213

500,000

& T.

—

Slay

do

L.

when Due.

Laet
Dividend.

Slocks

Office,

N. y.. Office 12 Wall
do
do
A.
O.
do
do
F. & A.
do
do
M.& N.
do
do
M. &N.
M. & 8.
do
do

7

210,000
16,000 p.m.
16,000 )).m.

50
500 &c.

1871
7812 1864
78iii 1871
32 1869

20, p. 16,';
St. Paul

pal,

"2

2,4-.'3,000

100 &c,
50
500 &c,
100

Richmond,
do

O.

N.

M.

120,000
366,000

1,000
1,000

&
&

&"j. N. Y., Farm.
& 8.
do
do
& D.
& J.
do
A. & O.
do

3

St. JPaul
.9

JJo)w/«— Piinci-

INTEREST OR DIVIDENDS.
Amoimt

When Where Payable, and by
Outstanding Rate per Payable
Whom
Value.
Cent.
P.ar

.525

Land debentures
St.

1855
1861
1872
1874

1864
1864
1864
1864
1864
1870

^^

1

1870
1875
1878

or

Size,

of

Consol. mort., convert,

[Vol XXVII.

Selm-i,

Alabama

S,

&

1878.

To

(V. 28, p. 575.)

Dalton —This was formerly the
Tennessee River. Interest iu default,

Rome

16

and road to be

sold. (V. J4. p. 566.)
Ya.ley cfc /V)««tJ! /«.- Leased February,
1S6 i. to Northern Central, at 7 per cent on bonds and
6 per cent <m stock.

Shinwkln

Sheboygan

<t

Fun du tac-Dcfatilted 1873. Gross

earnings, 1877, $109,011; net, $12,501.

34A;

26, p 521.)
Shena>i/)0 <6 Jitoyftany.— Leased

198,

(V. 24, p.

V.

to Atlantic

&

Great Western, and •• rental trust bonds" issued.
Gross earnings 1S75, f201,039; net, $114,699.

.

July

.

KAILROAD STOCKS AND BONDa

27, 1878.]

zxiz

a a bur rl ben ivill confer m great (kvor by sIvIiik Immediate notice of m.nf arrora dlaeorered In theae Tablea.
DI'SCKIITION.
For explanutU'ii
at

of uoliimii b»u<IiiiR«, Ac,
of flmt page of laoliui.

Date

of

of

Siouj

iBt mmi<i»»te...

'.'<•—
•

I

Bioui

IM

iiiort^'u;.:!'.

do

-1st

grant

iiii)rtKivKi>, K'>lil, I'd

122
121
23

1H71
1871
1871

1,000
1,000

Kt4'rUuir

loim

^

mortgiigc (&>r *:),000,CKK))
DouH'Nlir holulH (1)
Doiiit'Htir iKindN (K)
So. •t An. ,4^i(«i(iia— l8t .M., cndorR«d by Alabama.
Stcrliii;; iiiiirt. x. fund. t;n«r. by I*&N
Soulhtrti

/.OII.7 /»/(iii</—

I,/

mortgage

1st

iii.iitKage H. Side (l»t mortg. ».
Morti;a>:i' liimdn. Sontbeiii of L. I
'.'d

(H.

fund)

69
114
114
87

170
712
24
257

•,

X. B.— liit mortgage
ng iltiunlaiii i.V.V.)— Int mortgage
on d (\>i>i>rrofmUa—\ni uiort., (guar,
j/i,lil

Symcusf

Alhol

liutn/utinfon

2d mortgage {now

d- .V.

f'onsol. niiirlgage (guar.

Summit

lintnrh

by

(/'«.)

D. L.
Stock

—

100
1,000

500 '&.O.
500 &o.
500 i&o.

& W.)

1,000

100 Ac.
1,600

l.st mortgage (E. Div.)
2d mortgage (W. Div.) convertible
Consolidated mortgage (for $0,200,000)
let mortgage Burlington Div.)
Ttoy dc Boston — Stoi'k
lat mortgage, oonnolidated
Convertible bonds
Troy Union— 1st mortgage, guaranteed, Troy City
(

—

Vnioti yaeijic Stock
l«t mortgage, gold, on road

1865
1875
1875
1867
1876

1,000
500 &c.

50
'
'

1869
1873
1875
1875
1875
1875
."iO
1876
II6I2 1866
110% XS64
II6I3 1866
227 1870
10 187J
53
35 1874

50

1,000

106
444
444
444

1,000
1,000
1,000
i',6oo

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

100
1,000

500

&c.

"2ie

iiio

1,000
1,000

I'ooo

:

£200
1,000
1,000

.

100

rf:

1,000

'.

&

Shore Line.- Leased to New York
New Haven
at tI00,OiO per year. Old stock was exchanged for
In July, 1873. Gross caroings, 18?*-1, $.W!,:i74;
net. f49 81». (V. 8f, p. -63.)
,8ioux C?/v <t Paclflc.—Bly. of 3X on pref. stock
paid April, "S For year ending Jane 30, 1878. gross
umlngs were tJ92,4?9, and net earnings t28,:i9l.

new

{V

a

M5

599.)
D.
Citij'it St.

Pau!.-Thcre arc also $302.00(1 M.
mort. bond!', $lfi,0OJ onuipmeiit, and i8B,600 in.
come bonds. Lands sold m l??,", 40,(>64 acres. (V.
Sioux

V. SO, p. iOJ, 471, 494, Mil, 567.)
Somerset.— Th\a roni is leased to Maine Central.
South Carolina —Otoia earnings in 187:, $1,020,064; operating expcnaes, $593, 75i; net eantings.
$428.91'. A prop-isnl is made for concessions by ad
mortg. bondholders. (V. S6, p. 2I7« Hi, 393, 418,
45, p. Jia;

420,471; V.

m South &
by tile
""

'

',•7,

n. 4-J)

&

Niifibv.,

—

This ro.id
which hold.t a

\orth .U'ifxima.

lytuisv,

Is

operated

ai.ijority

t.f

ck, and guarantees the bond..< and holds
000 of art mort». bonds, taken for advanced
Pref. stock. t'i.OOO.OOO.

Sou'Jfii,

T

.,•

-

H
b

RU

Idai'i. -Le&scd to L. L
.'WO li p. c. mortg. bonds on
It la proposed t« "scale" all
ilhSido. (V. a8,p. 471,6J0,864.)

J..„ir,

lioulhern Ce.ttrai.-Femai &n extension into New
York St it4' fur Lehigh Vadcy, which company cn-

dorsen $1i)0.f»K) .,f »ocond mortgage bonds.
South I. :! it I'.ltr liapidf.— la progrois.

tmnwa

Ot-

in !' dur Itaiiids, la.
Southurii .UiiiutmU. — Soldnnder 2d mort'jage and
re-or^an(zt'J .Mnrcb, 1S77, slock being issued for
bonds. Land grunt Is about 1,7!jO,O0u acres. The
lat mortgaire intirc-st is pud J.
J. at 7 per cent,
thou.'h ori-in:i!ly .\.
O. at 8 per cent. IV. 84, p.
U, I'.is, «7; V. J-i, p. 23.1, 40S; V. 27, p. 67.)
Soullunt I'acilic (to/.)— This road is controlled
by Central Pacific jmrtics. The bonds are in
series A, B, C and I), of which " A" includos $15,OCO.OUO, part in l.'VO bonds, ah the others a-e Sl.OOO
slaking (and of $100,000 per onnom begins
,Mcb.

A

A

&

7

1,000
1,000

100

•

<Sc

&

«

e-

7g.

3I3

7

3.50,000

7

do

J.
J.

A.
A.

A
A
A
A
A
A

J.

Ixiudoii.

J.

New York.

O.
O.

Cbarleaton.

do
do

J.
J.

?«•
5

4

7
7
3
7
6
7
7
7

?«•
6g.
7

7
7
7
7
4
7
7
6
2

6g.
6
8

7

8g.
«g-

^'

qi-j. Phila. and N. Y.

Offices.
Philadelphia, Office.

A S.
A O.
do
do
A S.
London.
A 8.
do
u.
F. A A.
Philadelphia.
6
Due 90 days after demand.
7
London.
6g. F. & A.
F. A A.
Phil.adelphia Office.
6
Princeton, N. J.
J. A D.
6
M. A N. Pliiladelpliia Offlco.
6
A. A O. N. Y., B'k of Commerce.
7
10
Bait Lake City.
6g. J. A J.
N. Y., Kountzo Bros.
J. A J.
7
M. A S.
Utica.
2
Utica and New York.
7
J. A J.
J. A J.
do
7
do
.M.

A.

M.
M.

and proceeds of land cales also go to pay

I87i)-1.

The land grant

5;5; V. 87,p. 6^.)

12,830 acres per mile,
>.

is $3fi,7(i;i,9^ 0.

gold,

$i,.''j53,003

In 187(1-7 the gross earning.'^

and net

eirnin'.'s,

Sl.Sg'f.SSO
2«, p. 209, 314.)

(V. S4, p. 899, 38'!, 445, nifl; V.
Southern Penn-^ytcdi'ia.-This Isa mining and railroad company, rc-organizod in IS12 after foreclosure
under 8.;C'>ndm'rtgage. The road
leased by the

gold.

I.-*

Camberlund

Valley.

So'tthwent-ern Georgia.— Leafii^d to Centr.il Georgia.
Dividends 8 a year to every 10 per cent on Central
Georgia stock, bat 7 per year guaranteed.* '"Tri-

partite"

bonds issued; see Central Georgia.

SptlnffHetd, A/hol

d

jVor'henstern.-iV.

14, p. 198.)

.UouniUn,— Coat of road and eqtdpment,
Net earnings '..S72-3. $I.^.G7:^.

Sterlitig

$3<K,488.

StiKkton

d

Co/jpeTO/w'ia.— Defaulted

and old bondj of
(V. il, p. 159.

51,')IJO,000

I61'.

July, 1974,

exchanged for present.

316.)

Sijraeuse, liinrjhamton <fi iVew Fi>;*.— Opcrited by
Del. L.
W., and bends guar, by that Co. laist
dividend on Ktock (hi ls73 4 per cent. (V. 46, p-llB.)
S'tmmU Branch. 1 his is a coai road, and leases
Lykens Valley. Nci earnings in 1878, $151,665. (V.

&

—

85. p.

113.)

Terre

V

A

In<ll<inapotis.—.\nn\iBl report,
(Jioss earnings, 187.-i-«. $1,03S,450; ex81. p. 442.
penses, $7il,i09; not earnings, g3I7,41'i.
Ilaiite

Ttxas <t Xew O'leana of 187).— The company has
a land grant of 873,«.'00 acres timber and agricultural
lands.
Texas
Ajci/tc.— Annual report In CiinoNicLK,
V. 85, p, 210. Gross earnings, 1876 7, $i,04;J.433;
operating expenses, $>.3.5'2.4i5: net earnings, $691,007.
Of old land bonds gl .5')l,nOO are yi t out.
(V. 23, p. 180, 2(6. 279; V. 25, p. 162, 210; V. S8,
p. .116; V. i^, p. 48.)

d

Tejcas IfeD^errt.— This narrow-gauge road la lo
progress. (See V. M. p. 49, 152. 586.)
Wftrsaw. Pas'*cd into receiver's
TbieJo, Peorit
ban>l3 February, 1S74. Forcclosoie pending. In

&

—

Mav,
1H7H
1878

1878
1880
1898
1808

1901
1891
1871
to '88
to '88

Oct. 1, 1902
Ai>rll, 1891
1880 and 1892
Co. Jan. 1, 1890

U.S. "Treas., at maturity.

2I3

bonds.

were

1,
I,
1,

Jan.
Jan.

N. Y., Diexcl, M. A
AN. U>ndon, Baring Bros.
A S. N. v., Oallatlu Nat. B'k Mar. 1, 1887
A N.
do
May 1, 1900
do
A N.
do
do
Nov. 1, 1879
F. A A. N. Y., Vermllye A Co.
Aug. 1, 1899
M. A 8.
do
do
Mar. 1, 1882
M. A N.
May 1, 190O
J. A J. N. Y., Company's Office.
1988
A. A O. N. Y., C. P. nuntlDgton. April 1, 19a'»
M. A S.
Mar. 1, 1900
J. A D. Savannab,Cent.RR. Ga. June 20. 1878
Various
Macon.
1886
J. A J. CharlcstonA New York.
.Inn. 1. 1897
J. A J. Boston, KliotNat. Bank July 1, '83 to '93
J. A J.
Now York.
1885
J. A J. N Y., Central Paciflc.
Jannar}-, 1905
J. A D. N.Y.,D.L.&W.BR. Co. Dec. 16, 1875
J. A D.
do
June, 1887
do
A. A O.
do
Oct. 1. 1906
do
F. A A Plilladeiphia A Boston. Aug. 16, 1876
J. A J. Bostim, N. Y. A Phila.
Jan. 1.1904.
J. A J N.Y.,Farmer8 L.A T.Co.
Jan., 1878
A. A O.
do
do
July, 1879
1893
F. AA
New York, Co.'s Office. Aug. 1, 1905
M. A S. Pbila., N.York AIx)ndou March 1, 1905
J. A i)
do
do
June 1, 1905
July. New YorkA Pliil.ad'phia Jan. 1, 1915
J. A J. N. Y., Fanu. L. A Tr.Co
F. A A. New York, Co.'s office,
Feb. 1, 1896
J. A D.
do
Dec. 1, 1894
do
A. A O.
do
April 1. 1886
do
M. A N,
do
do
May 2, 1910
do
J. A D.
June 1. 1901
do
F. A A. Troy, Company's Office. Feb. 1, 1878
J. A J N. Y., Nat. B'k of Com.
1894
M. A S
do
1882
do
Q.-J. New York and Boston. April I. 1878
J. A J.
do
do
1896 to 1809
U.S. Treas., at maturity.
M. AS. New York and Boston. Mch. 1. 1894
A. A O. New York and Boston.
1887
A. A O. London, L. A 8. Fr. Bk.
April. 1896
M. A N. N. Y., Company's Office. May 1. 1895

6

nnd a'taches now to ssomiles built. To June, 1877.
l*J2,*iiii acres had hc«n sold for t79i).74
The stuck
paid in

.-5,

Kept.

Nov.,
July,

J.

Q.-F. CbarleRt«n,B.W.RR Bk

In 1882,

is

do

July

M.
M.
M.
M.

7

399,000
400,000
448,000

800,000
1,050,000
3,552,000
7,548,000
5,533,000
10,000 p.m.
1,800,000
1,600,000
1,300,000
1,500,000
250,000
1,609,000
1,384,000
650,000
680,000
36,745,000
27,232.000
27,232,000
14,047,000
7,124,000
2,179,000
1,600,000
1,600,000
19,800,400
5,300,000
2,000,000
1,846,000
1,800,000
154,000
500,000
497,310
1,700,000
866,000
5,000,000
100,000
676,005
1,000,000
1,500,000
1,770,720
200,000
912,000

i',6do

do
do

.

7

500,000
2,004,000
270,000
1,750,000
4,125,000
800,000
1,988,150
800,000

100
1,000
1,000

1,042
1,038

—

7

405,050

3,892,300

100 io.
100 Ac.

1866-9
and equipment
(government subsidy)
oil road (2<1 on land), sinking fund
1874
1,038
gi-ant bonds on 1 0,7(>.l ,i)17 acres
1867-9
Omabu bridge bda, st'g, '.s.f. about $00,000 yrly).
1871
Union rari/ir. Central Branch 1st mort., gold
100 1866
2d mcrtgaice (govcmiuent subsidy)
100 '6tt-7.-«
r«i(«f .V. J. KI{.
Cnnnt ( 'tf«i/«inics— .Stoc.k
379
General nuirtgage, gold, coui>on
1871
Unlttxl Co.'s mortgage, sinking fund, registered,
1871
sterling loan utortgagc, sinking f'lud
do
1871
do
do
do
1871
do
-Ao
do
dollar loan, mortgage
1871
1871do
bond to State of New Jersey
1834-7
Joint Co.'s mortgage, sterl'g, 8. fd. (JBi38,500).
plain bbudB
do
do
do
do
consol. moit. (siuk'g fund after 1880)
1862
K.J. RR. & T. Co., 3d loan due State of N.J
1868
Vtah t'en/ra(—Stock
let mortgage, gold
361a 1870
Vlali Hon Wi<rn— 1st mortg.age, coupon
75 1871
Vlica <l Ularl: Rimr—Stack
168
Ist mortiiagc bonds of July, 1868
75 1868
Uortgage bonds, 2d issue
87 1871

2d
3d
Laud

1,.500,000

1,500,000

3,332,000
29,300,000

M.

J.

J.
J.

600,000

500 &e.

113
73

I

«

l,.50O,000

20
20

mortgage bonds

Terre Ua utei Jiuluviapotis—Stocii
l8t mortgage
Boild«oi 1.S73 (for $1,600,000)
Texas <t .V. OrUans of '74— li<t iiiortg. land gr., coup
Xtxas it i'arirtc— 1st mort., gold, eoup.($8,000 p.m.)
2d mort., conRol., gold, coup. (!?17,0<)0 p. lu.)
Incoino and land mort., reg. (7,600,000 acre."*). ..
Tesas ircs/irn— (Narrow g.)— 1st M., 1. gi'., gold...
loletto. /Vorm rf. iriicsfiw— let mortgage <W. Div.).

I'7
7

7.50,000

iik)

30
81
81
81

C. P.)

1*.— Stock

1,051,.>00

«(25,000

7I3

llrst)

I'-

1,067,500
63,500
391,000
5,211,810

.500

A
*
&

I'- M. & N.

5,819,275
1,482,666

Stnekt—lMSt
Dividend.

Wlioiu.

J. N. II., Nat. N. H. Bank.
do
S.
(bi
J. N. v., Nat. Park Bank.
<k J. U.S. Tii-as., at maturity
N. N. v., Metroiwl. N. Bk.

M.

6

500,000

l,20(i,,50O

'30
1876
48>3 1871

d-

J.
J.

1,628,020

600

1872
1866
1868
1870
1873
1867
1870
1874
1869
1872
1870
1868
1875

183
183

Southern CtiiliidtX. >'.J— Iwt niovtgngc
•M nioii ni'M ($.1011.000 <>nd. by U'liigli V. KU.).
&>u(A(i'ii I'ncii .f t'filur Kfi/<Wii— Int niort., gold
Southirii M<M»ii.«)/(i— 1st mortgage, eoustniction...
Southern fiiiijir (Cii/.)— l«t mort., gold, limd gr
Sij'ttfi' rn /( (*NAi//fa/it«— 1st luortgago, gold
rd'u.;— Stock, guiunnt'd? i)rv nuuuni
Itoudc. fonvertiblc into stock at par
/';rf .l«Afi?i/(e— 1st mortgage, gold
.-

18W

Side)..

6

1,240,000

"ioo
Various

1808

242
242
242

j,

dollar boiulH <L)...»

4
7

J.

2(M),0<K>
l,(i2!»,(KI0

$1 ,000,<M)0

450,000

HtwU.

2il

Ist

$100
100 &o
SOO &fs
500 &c

vprnment HUbMldy)

III/

urrcncy. for ijCi.lUO.OOO
im rtKii»,'i% gold

11

Samtibtl I.St
South ('ftffilhm
iBt

1800
18«8

.50

iiiNtriiciloii boiula..

yiomi*-Pr1oei.
Wlien Due.

pal,

I

Payable

50
lOS

.J-Stock

Isl

OR DIVTDKNDB

INTERIvflT

Size, or
I'ar

Koad. Bonds Vuluo.

liciul

Shor,

2(1

Miles
huo nolui*

Troy

net en'nings were $36,415.

—With

Jloatoa.
froniT, oy, N.Y., to
<fe

1896. '!)7. '98
July 12. 1878

Mch. 1, 1901
1, 1894
Mch. 1, 1894
Mch. 1,'1894
Feb. 1, 1888
Oct.

1880
1, 1883
1, 1889
Nov. 1. 1889
F**.
Jan.

Overtlue.
(?)

Jan.

1890

1,

July 1, 1891
Mar. 26, 1878
July, 1878
July, 1891
(V. 26, p. 08, 316.

leased roads forms a line

North Adams, Mass. In 1875-76,
gross earnings were $5i)6,5i9; epeiiting expenses,
There are tn9,00"J of old Ist and 8d
mortgage bonds yet ontsianda.g.
short road in Troy city. Bonds
'Troy Union.
issued by city and guaranteed by sevt ral roads.
Union Pacijtc. Gross earnings in 187? wete
$12,4..1,203. a^iunst $)8,es'i.83S in 1376; net eainIngs. $7,1):j,7.v,', against $7,618.6)7,
In 1-78 the
funding bill was passed in Congress; the C .urt of
Claims decide 1 against the cenr any as to the 3 per
cent of net earnings; an important cnif ract was
maile with Kansas Pacific; the July divide >d wag
pa Bed. Land sale* in 1877, GJ,015 acres at $4 93 per
acre, or $ 543,768. Land contracts and cash on hand,
Jan. 1, 1878, $3,415,158. Abstract of lost reports V.
(V. 84, p. 226, .59! : V. 85, p. 408 ;
26, 0. 241.
28,
p. 24 1. 868. .%8. 171, 548. TM. 686, 654; V. 87, p. 48 >
Union, t^iviyfc Vt^ntrfil lit anch.—This was formerly
the Atchisouifc Pike's Peak road. Interest in default
*ince November. 1873. Gross earnings i875-7-', $114,414; expenses, $I81,5<X). (V. 23, p. :5'J; V.25, p. 87ft.)
tfnUfAl New Jersey liaitroad <ft Canai (.Hmtxiniet.
—'1 lie I'amden
Amboy Railroad and brancbea,
Rarltan C^ana), and New.Tcrs«^v Railroad
Delaware
form the United Companies of New Jersey. They
wi*re leased to Pennsylvania Railroad, Oct. *if^, 1871,
at 10 per cent on stock and assumption of all lia.
bllitles. In 18T7 the gro.-s earnings were $S,IM0,ti9B;
net income, $8,t<5l,5'2l, leaving a dellcii for leeaeea
of $1,433 1' 8 after paying interest and dividonds.
( V. 84, p. 5 1 6
V. 85, p. 349, 431, 458, 476 V. 28, p.

SW.S^J.

—A
—

V

*

A

;

21.''.,

;

301.)

In yearaodCf/i/ra.'.— Salt Lake to Ogden.
ing .\pril 30, H76, net earnings were $232,737, and

Utah

div'dends amonniing to 2U per cent were paid.
UtMh Soulhem.—Qtosi earning* I8;~, $«73,65iL

Stock Is $1,500,000.
Black fNiiw.—urosa receipts t87B-7.
>«« net ea ning.-, $280.01(L

net. $140,731.

Utlea

*

»<.Vt..57«; nTni>n^>"". «>3.'»

(y.32,p,20T;Y.«.p. 141.)

.

Ji

..
.

.

.. .
..

'

RAILKOAD STOCKS AND BONDS.

XX &

[Voi,.

xxvir.

ot any error JUcorered la these Table«
Sub.crlber» will coufar a great fk^ur by giving Immediate notice

BoiMfs— Prihci

ISTERE8T OR DIVIDENDS.

pal. When Due.
Miles Date Size, or
Amoimt
Par Outstanding Kate per When Whei-e Payable, and by Stoc**— Laat
of
of
For explanation of coluiuu headings, &c., see notes Road.
DiWdend.
W'hom.
Payable
Cent.
Bonds. Value.
at the bead of flrst page of tables.

DESCRIPTION.

$100

98
73

Vtica Vh-enungod: Sitsqnchaiina Valley—Stock..
Vermon t <t C«?iorf«—Stock
Bonds, KUiiranteed by Vcv mont Central
Missisquoi Kailroad bondi.
Vermont Central— lat moitgaee, consolidated ..
2(1 mortgage, consolidated
Equipment loans
Stanstcad, 8. & Chambly bonds
Income and extension bonds (to pay float g debt)
. •
Vermont <t Massachttsetlt—Sto^'k
Ist mortgage (sinking fimd $7,000 per year)
Convertible bonds
-

500 iiC
500 Ac
100 &c.
100 &c.
1866-9 500 &c.
1867 100 &c.
1,000
1872
100
1865 100 &c.
500
1869
1,000
1872
1866 500 &c.
1,000
1866
1,000
1866
1866 100 &c.
1871 100 <&c.
1871
1871
1866
1866

;,;iw"

• -

80
77
80

. .

;•
do
do
V- -i
VUksburg a Meridian— 1st series (red endorsed)
2d scries (blue endorsed)
3d do (black endorsed)
*th do (uot endorsed)
Bpecial loan, funding mortgage

140
140
140
140
649
75
167
180
33
29
75
167
180
490
109

WoW/i—Stock

... ... ........
Ist mortgage (Toledo & Illinois)
Ist mortgage (Lake Erie, Wabash & St. Louis).
of
1859)
Western
(Great
mortgage
Ist
1st mortgage (Ouincy <t Toledo)........1 St mortgage Illinois & Southern Iowa)
'Id mortgage (Toledo & Wabash)
mortgage (Wabash & Weste.m)
2d mortgage (Great Western of 1850) .. ...........
Consol. mort., (on all but Decatur & E. St. L.)
1st mortgage, (Decatur & East St. Ixiuis)
Funded debt bonds and scrip ($943,950 at 7)
Warren (\^.J.)—Stock
2d mortgage
1st consol. mortgage
Wathinglon City, fa. MM. <t at. SoMl/iem—Stock...
2d mortgage, O. & A. RR
1st aud ;i(l mortgage, O. & A. RK
. . . .

. .

(

M

• .

-

.

. •

KR
BR
RR

Funded

i

&

Land grant income iHuids
Western it A llanlic ((/'«)— Income bonds

Western (Ala.)— 1st mortgage (Mont. & W. P.)
Western RK. bonds, before eiuisolldatioii
2d mort.. guar, by Cent, of Gu. and (Ja. RR. & B. Co.
Western Maryland— l»t mort., endorsed Bait. City
Ist mortgage, unendorsed
endorsed by Baltlmoi-e
do
2rt
endorsed by Washington County
do
2d
2d preferred mortgage, unendorsed
3d mortgage, guaranteed by Ba'.iimore
for Baltimore City stock
do
4th
Western rennsylmnia— 1st mortgage
Pittsburg Branch
mortgagi-,
1st
General mortgage
Williumston it Tarlmro— 1st mortgage
WilrnxJigtou Columbia it Auffusta— 1st mortgage
.

.

. .

Ine^mo bonds
Wilmington it H'e/(/on— Stock
Sterling bonds
do
do
Slnkiug fuud bonds, gold
;
Wiseonnn Central— 1st mortgage, gold, land grant.

;vv\

Worcester
'

18.55

18
18

1870
1875
1871
1855
1858
1800

"27
128
60
38
63
41
172

(for

eSr

&

Canada.— Vnier lease to Vermont
(V. 24, p. 421, 566; V. 25, p. 476, 641.)

*

(V. 22, p. 110, 539; V. 23. p. 40, 370, 623; V.
568; V. 25, p. 431.)

«3.

*

VastachmeUs.—TYAs road is leased to
the Fitchburg RR. Co. for 999 years, commenclni?
paying interest on the debt and 4
they
1
1874
Jan
per cent on the stock for the first two years, 5 per
cent the next two years, and 6 per cent for the remainder of the lease, exclusive of all taxes.
yfrmonl

i'do

500 &c.

1871

100 &c.

44
160
90
90
90
90
90
90
90
57

1861
1866
1869

500 &c.
500 &c.

1878
1878
1873
1866
1868
1870
1858

bdii See.

.500 &c.

1,000
1,000

1867

28

1808
1870
1872
1863
1865

500 '&c
100 Ac

4
188

1870
1870

500 &e

179
179

1,000

"ilio

325
94

1871

100

48
48

1874

7

7
7
8

7
8
234

6
7
7
7
7

,

7

7
8

j-

F.
F.
F.

7

7

1,000,000
1,.500,000
2,500,000
2,610.000
2,700.000
3,015,950
1,800,000
750,000
600,000
2,692,539
i,2oo;ooo
654,000

7

1,050,000
1,.500,000
526,500
821,300
1,100,000

7
7

7

3&7
3»2

7
7
"6'
8

400,000

6.

500,000
2,500,000
2,080,000
920,000
750,000
600,000
i,2oo;ooo
200,000
400,000
300.000
300.000
600,000
875,000
1,000,000
800,000
1,000,000
1,200,000
350,000
3,200.000
600,000
1,456,200
648,700
221,400
749,000
8,250,000
1,789,800

700,000

A.

7

7

K-

10

Meiidian.—'Set earnines 1877 8,
«12»,364. The only coupons paid since April, 1876,
were tliosc maturing Jan.. 18i8, and the special loan
coupons of Jan., 1877. (V. 27, p. 6T.)
dk

Toledo Wabash

Tfo»a«A.— This is the
re-organized after the sale, June
consolidated gold mortgage of 1813.

commenced

in -May, 1878.

There

10,

* Western
1876, under

A.
A.

Delaware, Ijickawanna
on stock and bonds. Net

(V. 22, p. 1 5, 591; V. 2i, p. 650.)

Westchester <t PhilailetjMa. --Oioeii earnings, 1876'77, $332,274; net, $112,961.
(V. 22, p. S04; V. 24,

New

litigation
is a debt of #560,-

due the Equipment Company, payable $56,000
per year. The "Scney" mor included in fimded
debt bonds is for $l,i 00,OCO, payable $500,000 per
year. Oiairations for 1877 showed |4,585,9H gross
earnines and net earnings of $1,(160,398. (V. 25, p.
64 89: V. •J6.p. 215,445,471, 496, 524, 519, 592,
.„_
V. 2r, p. 17, 68.)

flOO

.

^;

& W.

do
do

do
do

Bait., R.

S.

&
it
&
&
&
&
&

&

263.)

West Tl^cofwtin.-The company defanlted on interest due January 1. 1875. Earnings, 1876, $842,l>28;
operatingexpenees, $631,4.'J2; net earnings, $211,075.
The lana grant is about 1,000,000 acres. Sold in
foreclosure March, 1878, »nd re-organized, witli securities issued as above. (V. 21, p. 543: V. 25, p.
86, p. 4:j6.)

Western 4 Atlantic—Tluf toad is owned by State
Georgia, and leased at $800,090 per annum.
Lessees nave Issued the income bonds. (V. ^, p.
of

116.)

Western Alaba?na.—So\A in foreclosure, April 19,
and bought by Central Ga. and Georgia Railwhose account it is operated. (V. 20, p.
398, 405, 445; V. 25, p. 4 56.)
Western Maryland.—This company was largely asby the city of Biltimore. which has also
Its overdue coupons.
The bouds remain-

bought

do
do

& Sons

do
do

do
do
do

S.

J.

O.

1R78
1900
1905

April,

Jan.

May
Mch.

1,
1,

1875
1873

1882
1908
1896
July 10, 1878
April 1, 1891
Aug. 13, 1877
Mch., 1883
Jan., 1896
Oct., 1890

May

April

do
do
do

New York.
New York.

J.

1,
1.
1.

Sept. 1, 1880

Philadelphia, Office.
J.
do
do
O.
A. Phila.— Pa.RRCo. Office

1,
1,
1,

1918
1898

Atlanta, Co.'s Office.

Oct. '77 to '91
July, '78 & '81
Oct. 1, 1888
Oct. 1, 1890

Western Pennsylvania.—The Pennsylvania KB.,
lessee, owns $972,650 stock out of the total amount
of $1,022,450, $148,000 of branch bonds, and ill of
$1,200,000 general mortgage bonds; net earnings
1876, $225,498. (V. 22, p. It06.)

—

Wil'iamston it Tarhoro. Road in progress.
recent financial Information.

Wilmington

Columbia

<8

Augwta.— In

No

1875-6

earnings were $116,6.33 net. There are certificates
of indebtedness for $336,000. iV.22, p. IS; V.26, p.
368, .3113; V. 27, p. 68.)

Wilmington <ft WeWon.— Formerly leased to Wilmington, Columbia & Augusta road, but in Dec,
1877, default was made oy lessee and p operty
reverted. (V. 22, p. 1 6 V. 26, p. 68, 420, 496.)
;

Wisconsin Cen/m;.— Defaulted July, 1875, and
funded 9 coupons. Afterwards built a considerable
length of road. In year ending Sept. 30. 1S76, gross
earnings were $709,935; expenses. $412,201; net
earnings, $297,733.
Paid rent of Mil. & North,
ern KR
leased, $167,404.
Land grant Is over
800,000 acres. The Philips & Colby Construction
Company opetatirg this road became embarrassed
In Dec. H:77. {V. 23, p. 478; V. 26, p. 18.)
,

1875,

roads, for

sisted

KR.

do
do

Bait., R. Garrett

O.

1890
1890

1890
1882
1878
1. 1878
May 1, 1893
Feb., 1907
Aug., 1889
Nov.
Aug.
Nov.
Nov.

Garrett & Sons

do
do

N.

1,
1,

Aug., 1888

ing in default for interest to their holders were
the second preferred unendorsed and on those
payment was made of coupons due July, 1878,
and January, 1874, In January, 1877. The July 1877,
interest on unendorsed bonds was not paid ti 1
January, 1878. Annual report for last fiscal year, to
September 30, 1877. showed gross receipts, $332,085;
expenses, $219,940; net receipts, $112,145. (V. 25,
p. 41, 29i, 40«; V. 26, p 84, 471.)

16.)

West Jersey.— Gross earnings, 1877, $595,035: expenses, $:)91,430; net, $20:1,591.
Net profit above
interest and rentals, $10,3J8. (V. 24, B. 849; V.

V.

N.Y., Del., L.

(h>

Aug.
Aug.

•J

&

41, 115;

do
do

do
do
do
do
do
do
do
do
do

& J. Now York & Savannah
do
& O.
do
& O.
do
do
Balt.,N.
Mechanic*'
J. &
B'k Jan. 1, 1890
do
Jan. 1, 1890
J. &
do
do
Jan., 1890
do
3. &
Hagerstown.
Jan., 1890
J. &
6
Balt.,N.
Jan., 1895
Mechanics' B'k
J. &
6
Jan., 1900
do
J. &.
do
6
do
Jan., 1902
do
J. &
6
Philadelphia, Office.
April 1, 1893
A. & O.
6
Jan. 1, 1396
do
J. & J
do
6
Oct. 1, 1901
A. & O.
do
do
7
U.& N. New York, J. M Plckrell May 1, 1900
8
June, 1900
J. & D Bait., Safe Deposit Co.
7
3>3 J. '&D
Jnno, 1877
London,
1881
g. J. & J
do
1886
7 g. M. & N
1896
7 g. J. & 3. N.Y., Nat. B'k Republic
Bost'On, Office.
July 1, 1901
7 g. J. & J.
Worcester, Office.
J. & J
July 1, 1870
do
do
1881 & 1887
0&7 Various
A. & O. Bost., Globe Nat. Bank. April 1, 1893
7
do
F. & A
do
Feb. 1, 1893
Worceste-, Office.
A. <& O
April, 1878
A. & O. Boat., Globe Nat. Bank. April 1, 1894
J.

;

Vickfi>\irg

do
do
do
do
do
do

& 3
Q-J.

8
8

and 3d mortgages, placed together, were
$400,000 Ist 68, and 1600,000 .3d 8s,
some of which liave been exchanged for general
mortgage bondsi, but are deposited in escrow only.
Tlie president, Mr. John S. Barbour, was apiminted
receiver in July. 1876. Inteieet in default, but receiver ordered o make ceriaia payments. See V.

2«, p.

J.
J.

8

let

S6, p. 1

&'j.

M.

originally

«a; V.

J.

J.

—

p.

&
&

F.

}',\i8/iinglon City, Virgin' a Midland it Great SouthGross earnings year ending Sept. 30, 1875,
ern.
$1,033,980; expcnsen, $67^,367; net earnings, $401,
O.
6;2.
The company has been assisted by Bait.

25. p. 41.

&"j.

M.
M.

A.

earnings in 1875, $241,056.

The

J.

J.

,/.).— Leased to

& Western at 7 per cent

&

&
M.&
F. &
M. &
M. &
M. &
Q.-:
F. &
A. & O.
A. &. O.
M. & 3.

A.

"i'
7
3

1,000,000
1,000,000

N. Y., Metropolitan B'k

<fe

7g. M. & N.

1,359,7,50

1,185,000

500 &c

J.
J.
J.

8

7

250,000
400,000

....
I

M.

4

300,000

700,000
578,859

1867
1873
1871

Warren (N.

is

Vermont Centra'.—In 1872 the Company went to
default on Interest, and has since been in numerous
compllcationB. A new corporation under the name
of Central Vermont was foimed, with $2,000,010
naid-up capital, and assumed obligations of the old
Verroort Central. Foreclosure pending on 2d mort-

Wv-

ioo

50

138
116

$700,0001

Ohio KR., Baltimore city, and
Operation of the road by Balti.
more & Oliio was discontinued, and temporary lease
niade to Shenandoah Valley Railroad. (V. 20, p. IS,
007.)
isS; V. 21, p. »«; V. 2S, p. 463, 559, 591,

Vermont

1,000
1,000
1,000

& N. N. Y., D. L. & W. KR. May 1, 1878
&D. Boston, E. Blake & Co. June 1, 1872
& J. Boston, Nat.Bk. of Redm July 1, 1891
& J. Boston, Globe Nat. Bk. Jan. 1. 1891
M. & N. BosUm, Nat.Bk of Redin Nov. 1, 1886
1891
do
do
J. & D.
1870 to 1889
do
do
M. & N.
Jan. 1, 1887
do
do
J. & J.
1902
do
do
M. & N.
April 8, 1878
Boston, Office,
A. & O.
July 1, 1883
do
do
J. & J
July 1, 1879
do
do
J. & J.
do
July 1. 1885
do
J. & J.
Jan. 1, 1390
Phila
Girard
Nat.
B'k,
&
J.
J.
Jan. 1, 1890
do
do
J. & 3.
Jan. 1, 1890
Girard
Nat.
B'k
Phlla.,
&
J.
J.
Jan. 1, 1890
do
do
A. * O.
1880
do
do
J. & J.

3

.500,000

3.50,000

VaUey.—'Rati

Ceotral.

1858
1859
1867
1869

1873
1875

CTica Chenango i. Sutq\uhanna
per cent
leased to Del Lack. &, West. Railroad at 6
per annum on f lock.
chiefly
by snbbuilt
was
rosd
This
(Fa.).-

YcXev

250 &c.
100 &c.

"is

—

,^riptionof Bait.
Vireinla coimties.

18.58

'

Nashna—Stook

Bonds ($125,000 are 7 per cents)
Bouds
•„•/••,
Bonds
Nashua <K Rochester—Stock
l«t m., guar,
do
ao

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

65 »2

&

<£

1853
1863
1865
1862

336

Westchester' it Philadelphia— Piet&vrcA stock
Ist mortgage, new
......................
West Jersey— Stovk
J»an of 1883, guaranteed by Camden Amboy
1 St mortgage loan
consolidate*!
do
Ist
Cape May Millville
West tVi'«e«>i»«n— Ist mort., gold, new

,

I'.OOO

310

& A.
interest, O. & A.
Ist mortgage, O., A. & M.
Gen. mort., gold. Wash. C, Va. Mid. & Gt. South'n
Lynchtmrg & Danville, Ist mort., guar., coup..

4th mortgage, O.

18.53

$4,000,000
3,000.000
1,500,000
500,000
3,000,000
1,500,000
1,500,000
444,100
1,.508.600
2,860,000
550,000
200,000
150,000
703,500
850,000
145,000
1,180,000
217,400
16,000,000
900,000
2,500.000
2,495,000

—

Worceste (t Nashua. Guarantees the stock and
bonds of Nashua & Rochester, leased. For year
ending September 30, 1877, gross income was
$528,883, and expenses, including interest and
rental, $.')24,.301.
(V. 22, p. 645; V. *l, p. 158; V. «3,
p.

430.)

CANAL STOCKS AND BONDS.

juLTa?, 187a]

i

Rabarrlbara will eoBflar m (raat

nror hf clvlnc

Iaiaie41«t« Bvllee of

DESCRIPTION.

XXXI

mar error dlaeorered la theae Tablaa.
*>n<<f—PrinciINTKKE8T OU DIVIDEWDB.
pal, When Du«.

Miles Date Size, or
Amount
of
per When Wbere Payable, and by
of
Par
For explaiiattOD of column bcodliiKs, Ac., nee notca
Outstanding Rate
Whom.
Cent. Payable
Canal Bonds. Value.
»t the head of flrnt puiiro or U.blea.
Ohetapeakc.

it

14
14

Detaicar(^HUK<k

1st iiiort^Mto (orlKlually *'2,80O,0O0)

Olusaptakr

it

Murylanil loan,

1856

HUxvk

OAi«

RiiikiiiK

J 25

ISO
o's

(UDd

OiiaraiitriMl Btorlint; loan

BoikIh

tiavliifr iioxt

prt-Tereuoe

60
60

Detatcttre I>iiu«ion—HUwk

iHt mortKUL-c irxteiidca 20
Dtlatcnre it tUuUon 8t4)<^k

—

yean in

1878)..

148
148

ilo

Dclicntiire loan ot 1894, coup and nii
iHt M., coup. A leR., on Penu. Div. ($10,000,000)
JttKigh t'orti it .Varifldfiort— Stook
Loan, cnnv.,('.oup.,Ko1d (assumed !>.& W.Coal Co)

100

83
103
103
103
103

New

327
327
108

RR

Int mortgage, extended
2d niortgJigo
Mortgage lionds, coup, (payable by P. *R.)
In) provenii'u t bonds
Boat and car loan
Boat and car loan

do

Brown &

1,699„')00

Bait., A.

1870
1863
1864
1839
1859

A

NavigaDtlavMT* /Mi).— Leased to Lehigh Coal
tion Co., at interest on bonds, and 8 per cent a year

on stock

1841-4

1872
85

0,4:14,000

I'.OOO

1,000
1,000

A Navigation.—Qrot9 receipts in 18T7.
expenses and int., $1,189,.321; excess of
The CentnU R.R. of N. J.
$194,655.
assumss (in pm-chase of equipment), $2,810,000 of
the gold loan due 1897, and leases the Lehiph &
The Lehigh & WilkesSusquehanna Railroad.
Barre Coal Co. aspuracs $500,100 of the gold loan
due 1897, and t711,000 (all) of the convertible gold
Lthlgh, Ooai

$994,6(15;

the latter,

Co., which is among
the largest miners and carriers of coal, leases the Alb.
8ar. Railroads. Also endorses
Siisq. and Renra.
bondsof N.Y. Canada RH. The annaal report for
1871 isgiveu in V. 26, p. 21)8 and p Hi; and committee's report. V. 25, p. 191.
(V. 24. p. 179, 227,
444; V. 25, p. 161, SIS; V. 26, p. X08, 243, 493 3«4,

loan due 1S91, aiiil bas altio leased the coal lands
of the company. (V. 22, p. 479; V. 24, p. 247,

574, 699.)

road fur 999 years.

A

Uudfon Canal.— T\a»

&

&

415;

V.

do
do
do

25, p. 4S2.)

Mommgahela Navigation Cbmparev.— Receipts,
1S75, $196,576; expenses, $80,487; dividends, $90,387.
ilTOTTte.—Leased April, 1871, to Lehigh Valley RailThe lessees assume bonds and

do

Philatlelphia, Office,

do
do
do
do
do
do
do
do

1870
1890
1885
Feb. 4, 1878
July 1, 1898
Aug. 1, 1876
Nov. I, 1891
1884
1891-

N. Y., office 71 B'way.

do
771,000
5,381,963
2,000,000
4,658,500
508,520
41,550
1,369,259
717,000
1,004,300
1,025,000
1,175,000
780,000
220,000
103,164
4,480,405
3,000,000
909,236
3,175,900
1,709,380
3,990,392
1,200,000
260,000
756,650
628,100
2,002,746
1,000,000
1,320,000
325,310
250,000
3.000.000

50

45

Marylaud loan, 2d mortgaKe
Busquebouna Canal, common bonds, 3d mort
pref.,3d. T. W. prlorityb'ds..
do
do
bondflof 1872
trniori— 1st mortgage

Dtl. <t

do
do
do

4,750,000

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

1876
1,000
1865 various.
1869 various.
50
1870
1,000
50
50

do

do

N. Y., Bk. of Commerce.

3,500,000

ii,'i93',550

50
100
100

Brown A Sons.

Philadelphia, Office.

1,633,350
800,000
20,000,000

50

July, 1886
Sons.

Ijondon.

lOOO&o

1,000
1,000

Au«?u<Aurt'iu— 8t<H'li

Chaaptak* (t Otfauxin.— Delaware City to ChesApeakc City, Md. (V. 27. p. 66).
Chetaptakt * OAio.— Gross receipts, 1875, »473,210;
set, $2M,nS. Paid on bonds, $2ii3,»40. (V. H, p.

1,000
1,000
1,000

1871
1872

ifoi-ri*- Stock, ounBOlidat«d
Preferred Htotih
mortgage (for $1,000,000)

.

1871
1874
1877

1872

Uononi/aheta Xaoigatioa Oo.Stoek

Boat loan
Preferred ntiM'K scrip dividend
Pennsytvania—titocii
(JenernI niortg interest iroar'd by Penn.
SehuiilkiU Sacigation—Stotik, common
Preferred HtooK

186!)

153

1st nion^ajfc, n^KlHt-t'n^d
Ist niorlKaKC, reidmtcrwt, railroad
Mort. loan, g. ($2,310,000 aasumedCRR. of N.J.)
1-oan
Loan (MtonHion, convertible till December, 1877.
Connolulatt:*! inortKagti loan
Kxtended, 1377
Circ«'nwo<Kl niort^oKc, reg.

SS9.>

1,000

do
Bait., A.

1, -182,000

IhI inortKa^'O I'xti'ixliMl
lal nmntioife, i'eKlHt«rod.....'

do

50
1858

148

1,093,7.50

8,229,504
2,000,000
4,375,000

DIvidcBd.

June, 1873

Philadelphia, Office,

$2,078,038

aiock»-L»0l

1891
1917
1876
1894
1884
1897
1897

Sept. 2,

do
do
do
do
do
do
do
do

•79- 80-'8l-'82

-1882

June 1, 1011
1892

Pittsburg, Office.

Leh. VaL RR. Co., Phlto

do
do
do
do

do
do
do
do

Oct.,

Feb.,

J. <fc J.
J.
J.
J. &. 3.
J.
J.

*
&

M.

&N.

1885
1889

July,i910
1878
Aug. 25, 1878
March, 1897
1882 to 1907
1895
May, 1880
Moy, 1913

Philadelphia, Office.
Philadelphia, Office,

do
do
do
do
do
do
do

Feb. 4, 1878
Feb. 4,1878
April 1. 1906

A<lg, 25,

do
do
do
dp
do
do
do

May, 1915

and Baltimore.
do
do
do
do
do
do

Phila.

Jau.Vi'885
Jan. 1, 1878
Jan., 1894
Jan., 1902

May

Philadelphia. Office.

1.

1883

scrip, and pay 10 per cent per annum on preferred
stock, and 4 on consolidated stock. (V. 12. p. 714).
Pennjfi/ivania Canal. Worked in interest of Penn.
winch guarantees interest on bonds. An old

—

RR

mortgage of »90,CIO0 is due in 1887.
Schuylkill Navigatinn
Company.— Lea,eed from
Reading for 999
June 1, 1870, to Philadelphia
years, at annual rent of $655,000, Including certain
property
conveyed
personal
to PhiladeU)hia
real and
Reading. The dividend of Aug. 22, 1877, was payReading RR. scrip. (V. S2, p. 493;
able in Phil.

&

&

V.

&

26. p.

418.)

3us(/whanna <t Tide Wafer.— Leased and operated
by Philadelphia & Reading Railroad for Interest on
bonds andlialf of net earnings.
Union. CWmi^.-Stock, $2,907,850.

xxxii

INVESTORS' SUPPLEMENT.

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CONTENTS.
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States

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1870.

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ABLEST

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Littell's Living Agr.

Rlercanttle Fallnreii.

& Financial

Commercial

country."

pages of

Retrospect of 1877.

Btatc!)

w.

XHB

OPINIONS OF

Max Mul-

ninloch, Wiilisui
of Argyii,^»irB
Black, Jean 1.. '..tv, TIl's Thackeray, iflrs. Ollphan', Mrs. Alexander,
GcorKe ITlacDonald. niattliew Arnold,

i.

United

Prof

Prof, 'lyndall. Dr.
W. B. Carpenter, R. A.
I'roctor. Prof. Uuxley,
Jas. A. Frotid"-, Edw.
Prainces
\, Freeman

A YEAR BOOK
FINANCIAL

eminent

;er,

*

-

W

tione.

*"

(ANNUAL.)

Publications.

BUthors, »ucli as
K. Clad'
Rt. Hon.
llTln:;

Financial

[Vol. XXVIl.

i

H

vol.

6, rue des
|
Peres; (iulllaumlnet Ce, editeurs, 14, rue de lUcheUftl I
I
ou clicz I'Auteur r c Nollet, No. I.

SattttI